Isle of Bute Trust —
Financial Statements For Year ended 30 June 2025
isle of Bute Trust (IOBT) was incorporated as a scottish Charitable Incorporated Organisation (SCIO) on 12th August 2015: SCIO number SC045899
Statement of Receipts and Payments for the year ended 30 June 2025
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|---|---|---|---|---|---|---|
|Unrestricted|Restricted|Year ended|
|Funds|Funds|30/06/2025|
|Receipts:|
|Donations & Fundraising|
|Project Playpark|£1,194.31|
|Total Receipts|£1,194.31|£1,194.31|
|Payments:|
|lOBT General Purpose|Fund|-|
|Project Play park|(Lottery Licence}|£20.00|£20.00|
|Project Play park (Repair to|Park}|,|
|Total Payments|£0.00|—°|£20.00|£20.00|
|Surplus/(Deficit)} for the year|£0.00|£1,174.31|£1,174.31|
|Statement|of Balances as at 30|June|2025.|
|Opening Cash|at Bank and|in|Hand|£2,510.84|£6,915.52|£9,426.36|
|Movement|in|Year|£0.00|£1,174.31|£1,174.31|
|Closing Cash|at Bank and|in|Hand|£2,510.84|£8,089.83|£10,600.67|
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Notes to the Accounts for the year ended 30 June 2025.
1. Basis of accounting
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)
2. Nature and purpose of funds
Unrestricted funds are those that may be used at the discrection of the trustees in furtherance of the objects of the charity.
Restricted funds may only be used for specific purposes. Restrictions arise when specified by the donor or when funds are raised for specific purposes.
independent Examiner’s Report to the Trustees of Isle of Bute Trust SC045899
- Yrepart on the accounts of the charity for the year ended 30.06.2025, which are set out on
pages1 to 2.
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 (as amended}. The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) ofthe 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 2006 Accounts Regulations. 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 att the evidence that would be required in an audit, and consequently | 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.
-
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 Regutation 4 of the 2006 Accounts Regulations.
-
¢ to prepare accounts which accord with the accounting records and comply with Regutation 9 of the 2006 Accounts Regulations
have not been met, or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Retevant Professional qualification/professional body:
Date: o6(o3 l2oz 6