**REGISTERED CHARITY NUMBER: SC045696** **Report of the Trustees and Financial Statements for the Year ended 30 June 2025** **for Destiny Community Enterprise SCIO** K M Accounting Services Limited North Kaim Lochwinnoch, PA12 4LD **Destiny Community Enterprise SCIO** **Contents of the Financial Statements for the year ended 30 June 2025** ||Page|| |---|---|---| |Report of the Trustees||1| |Independent Examiner’s Report||3| |Statement of Receipts and Payments||4| |Statement of Balances||5| |Notes to the Financial Statements||6 to 7| **Destiny Community Enterprise SCIO** ## **Report of the Trustees** ## **for the year ended 30 June 2025** The trustees present their report with the financial statements of the charity for the year ended 30 June 2025. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** SC045696 ## **Principal address** ## **Trustees** **----- Start of picture text -----**
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## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The Charity is a Scottish Charitable Incorporated Organisation (SCIO). It was registered on 12 June 2015. ## **Recruitment and appointment of new trustees** The structure of the organisation is the Board, comprising the charity trustees. The Board holds regular meetings and generally controls the activities of the Charity. The Board may, at any time, appoint additional trustees; the maximum number of trustees is six and the minimum number is three. ## **Risk management** The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The charitable purposes are as follows: - 1 The advancement of environmental protection by promoting and delivering services that reuse and recycle furniture and other items from the waste stream. - 2 The prevention and/or relief of poverty by provision, alone or with others, of furniture and other household items to the disadvantaged, marginalised and vulnerable. - 3 The relief of this in need by reason of age, ill-health, disability, financial hardship or other disadvantage by the - advancement of psychological, sociological and physical health by promotion and delivery of services that reduce the impact of poverty. ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities** The charity collects, for reuse or recycling, furniture, clothes, books etc. Some of the furniture and other items are given to those in poverty or otherwise disadvantaged. The remainder is sold to the general public through a shop. The activities provide volunteer and work-placement opportunities to those who may otherwise be socially excluded. The charity continues to trade in the Bridge Street building in Linwood making a positive impact on the local community, with a majority of customers now coming from the local area. We have forged relationships with 2 other charities to supply furniture items for newly-housed clients. This will hopefully help to increase Revenue. Page 1 Destiny Community Enterprise SCIO ## Report of the Trustees (Cont’d) for the year ended 30 June 2025 ## ACHIEVEMENT AND PERFORMANCE (Cont’d) We continue to see new volunteers joining the team with mutual benefit and continually look for more. We continue to give away furniture, clothes, bedding, prams and more, to those in need by means of referral from the local council, from other charities and self-help groups. ## In summary the charity continued to: Provide a centre for donations of furniture, clothes and other household goods that would otherwise have gone to landfill, and pick up many more in our own transport. Help some vulnerable people/families, referred to us by local council authorities, with free furniture etc. Recycle many tons of clothes, books and other household items that would otherwise have gone to landfill. Make donations to other charities providing food, clothes and practical assistance for the disadvantaged and vulnerable. Engage regular volunteers whose lives were enhanced by having a happy and secure place to spend time. ## Fundraising activities Funds are raised from the sale of furniture and other items to the general public. Grants, gifts and donations are made from the surplus generated to other charities with similar purposes to our own. ## FINANCIAL REVIEW ## Financial review During the year, the shop made a surplus of £18,000. This allowed the charity to make grants and donations totalling £20,066 from funds generated during the year and retained funds. The charity also replaced the van during the year at a net cost of £14,998. The overall deficit after replacing the van was (£17,564). Funds held at 30 June 2025 were £25,728. The trustees are satisfied that this is sufficient working capital to allow the activities to continue. ## Reserves policy The trustees will endeavour to retain £25,000 as working capital to allow the effective running of the activities. ## FUTURE DEVELOPMENTS The current premises continue to provide a strong base for our operation and we continue with a formalised 9-month rolling lease. ## 04 Feb 2026 Approved by order ofthe boardoftrustees ON ..............:ceceeeeeeeeeeeeeeeeeeseeeees and signed on its behalf by: ## 04 Feb 2026 Date ........22... c ceceeeeeee Page 2 **Destiny Community Enterprise SCIO SC045696** ## **Independent Examiner’s Report to the Trustees of Destiny Community Enterprise SCIO** I report on the accounts of the charity for the year ended 30 June 2025 which are set out on pages 4 to 7. ## **Respective responsibilities of trustees and examiner** The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention. ## **Basis of independent examiner’s statement** My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended). An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. ## **Independent examiner’s statement** In the course of my examination, no matter has come to my attention. 1. which gives me reasonable cause to believe that in any material respect the requirements: • to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations (as amended), and • to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations (as amended) have not been met, or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## Name: Address: North Kaim, Kaim Road, Lochwinnoch, Renfrewshire, PA12 4LD Signed……………………………… ## 05 Feb 2026 Date………………………………. Page 3 **Destiny Community Enterprise SCIO** ## **Statement of Receipts and Payments for the year ended 30 June 2025** |Note
**Receipts**
Fundraising
2
Donations
3
Sale of van
Total receipts
**Payments**
Fundraising costs
4
Cost of charitable activities
5
Governance costs
6
Purchase of van
Total payments
(Deficit) for the year|
Unrestricted
funds
Restricted
funds
£
£
115,591
0

0
0
200
0
115,791
0|Year ended
30 June 2025
£
115,591
0
200

115,791
97,591
20,066
500
15,198

133,355

(17,564)|
Year ended
30 June 2024
£

128,278

2,000

2,000| |---|---|---|---| ||||
130,278| ||97,591
0
20,066
0
500
0
15,198
0
133,355
0||
99,932

32,900

500
0| ||||
133,332| ||(17,564)
0||
(3,054)| Page 4 Destiny Community Enterprise SCIO ## Statement of Balances ## as at 30 June 2025 ||Unrestricted|Restricted|Total|Total| |---|---|---|---|---| ||funds|funds|2025|2024| ||£|£|£|£| |Opening cash atbank and inhand|43,692|0|43,692|46,746| |(Deficit) for the year|(17,564)|0|(17.564)|(3.054)| |Closing cash atbank and in hand|25,728|0|25,728|43.692| |Bank and Cash Balances||||| |Bank current account|25,499|0|25,499|43,022| |Cash on hand|229|0|229|670| ||25,728|0|25,728|43,692| |Other assets||||| |Motor vehicles|11,399|0|11,399|0| |Other equipment|0|0|0|0| |Recoverable VAT|515|0|515|514| ||11,914|0|11,914|514| |Liabilities||||| |PAYE|514|0|514|791| |Wages Payable|3,106|0|3,106|3,071| |Pensions|255|0|255|235| ||3,875|0|3,875|4,097| The financial statements were approved by the Board of Trustees on ......0........:ceeeeeeeeeeeeeeeeeeeeeeeee and Were signed on its behalf by The notes form part of these financial statements Page 5 **Destiny Community Enterprise SCIO** ## **notes to the financial statements for the year ended 30 June 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). ## **Incoming resources** All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. ## **Resources expended** Expenditure is accounted for on a receipts and payments basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year-end date are noted as a commitment but not accrued as expenditure. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Hire purchase and leasing commitments** Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. ## **2.** FUNDRAISING INCOME ||2025|2024| |---|---|---| ||£|£| |Shop income|115,591|128,278| ## **3.** GRANTS & DONATIONS RECEIVED |Donations received|2025
2024
£
£
0
2,000| |---|---| ||0
2,000| Page 6 **Destiny Community Enterprise SCIO** ## **notes to the financial statements for the year ended 30 June 2025** ## **4.** FUNDRAISING COSTS |Shop costs:
Wages
Assistant’s fees
Rent
Water rates
Insurance
Light & heat
Telephone & internet
Post, stationery & advertising
Travel & subsistence
Van costs
Repairs & renewals
Software
Sundry expenses
Bank charges
Recoverable VAT (net of VAT recovered)|2025
2024
£
£
49,822
46,699
0
0
27,600
27,613
1,502
1,375
3,748
3,623
1,321
7,376
1,130
1,238
1,198
832
4,349
4,541
4,094
4,278
2,082
1,766
247
386
0
0
497
220
1
(15)| |---|---| ||97,591
99,932| **5.** COST OF CHARITABLE ACTIVITIES |Grants to Destiny Church Trust Social Action
Grants to Destiny Ministries Indian Orphanage|2025
2024
£
£
20,066
32,900
0
0| |---|---| ||20,066
32,900| **6.** GOVERNANCE COSTS ||2025|2024| |---|---|---| ||£|£| |Independent Examiner’s fee|500|500| ## 7. TRUSTEES' REMUNERATION AND BENEFITS Edmund Kent, the Project Manager, who is a trustee, was paid a salary of £31,839 gross during the year ended 30 June 2025. Page 7 ## **Issuer** K M Accounting Services Limited **Document generated** Tue, 3rd Feb 2026 15:00:29 GMT **Document fingerprint** 82e1da4badea9dd7712643d7e268c2f9 ## **Parties involved with this document** ## **Document processed** ## **Party + Fingerprint** Wed, 4th Feb 2026 16:24:25 GMT Thu, 5th Feb 2026 11:15:35 GMT Thu, 5th Feb 2026 13:30:53 GMT ## **Audit history log** ## **Date** ## **Action** Tue, 3rd Feb 2026 15:00:29 GMT Tue, 3rd Feb 2026 15:00:29 GMT Tue, 3rd Feb 2026 15:00:29 GMT Tue, 3rd Feb 2026 15:00:29 GMT Tue, 3rd Feb 2026 15:00:29 GMT Tue, 3rd Feb 2026 15:00:47 GMT Tue, 3rd Feb 2026 15:00:47 GMT Tue, 3rd Feb 2026 15:00:48 GMT Wed, 4th Feb 2026 16:17:36 GMT Wed, 4th Feb 2026 16:24:25 GMT Wed, 4th Feb 2026 16:24:25 GMT Wed, 4th Feb 2026 16:24:26 GMT Thu, 5th Feb 2026 11:11:03 GMT Thu, 5th Feb 2026 11:15:35 GMT Thu, 5th Feb 2026 11:15:36 GMT Thu, 5th Feb 2026 11:15:37 GMT Thu, 5th Feb 2026 13:30:21 GMT Thu, 5th Feb 2026 13:30:53 GMT Thu, 5th Feb 2026 13:30:53 GMT Envelope generated with fingerprint 8ef9f27e9308829a352ba7db6fb94e6b (18.133.63.166) Document generated with fingerprint 82e1da4badea9dd7712643d7e268c2f9. (18.133.63.166) has been assigned to this envelope. (18.133.63.166) as been assigned to this envelope. (18.133.63.166) een assigned to this envelope. (18.133.63.166) Envelope generated Sent the envelope to for signing Document emailed to party email viewed the envelope (217.155.151.158) signed the envelope (217.155.151.158) ~~a~~ Sent the envelope to for signing (217.155.151.158) Document emailed to party email viewed the envelope (146.198.96.7) ~~a~~ signed the envelope (146.198.96.7) Sent the envelope to for signing (146.198.96.7) Document emailed to party email viewed the envelope (80.44.66.139) ~~7~~ signed the envelope (80.44.66.139) This envelope has been signed by all parties (80.44.66.139) Thu, 5th Feb 2026 13:30:53 GMT Thu, 5th Feb 2026 13:30:53 GMT Thu, 5th Feb 2026 13:30:53 GMT Thu, 5th Feb 2026 13:30:53 GMT Signed document confirmation emailed to party email (80.44.66.139) Signed document confirmation emailed to party email (80.44.66.139) Signed document confirmation emailed to party email (80.44.66.139) Signed document confirmation emails have been sent to all parties. Document URL: https://api.signable.app/shareable/envelope?t=4e32a062-4364-4ef4-9419-2 c9385219c82 (80.44.66.139)