REGISTERED CHARITY NUMBER: 046988
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 October 2025
for
Skye Camanachd SCIO
Donald Rankin Business Services Tigh an Oisean Bridge Road PORTREE Isle of Skye Highland IV51 9ER
Skye Camanachd SCIO
Report of the Trustees for the Year Ended 31 October 2025
The trustees present their report with the financial statements of the charity for the year ended 31 October 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
The Charity aims to advance public participation in the amateur sport of shinty on the Isle of Skye. It does so through:
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Providing development and opportunities to play the game of shinty at all levels.
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Participation in league fixtures and national cup competitions across Scotland.
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The provision of the facilities necessary to the achievement of the above purposes.
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Encouraging a healthy lifestyle for all ages by allowing access to the facilities by other groups and individuals.
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Facilitating a range of training sessions from youth, ladies and senior men for the whole season.
ACHIEVEMENTS AND PERFORMANCE
During the year, the charity continued to successfully deliver its charitable purpose of promoting and developing the sport of shinty across the Isle of Skye. Through the commitment of its volunteers, coaches and members, the club provided regular training, competitive playing opportunities and access to facilities for participants of all ages and abilities, from youth level through to senior men's and ladies' teams. The charity's teams competed in league and cup competitions throughout Scotland, achieving notable success across all sections of the club. The senior men's teams competed in both the MOWI Premiership and MOWI North Division 1, finishing fifth and third respectively, while also reaching the final of the Strathdearn Cup and the quarter-finals of both the W M Donald MacTavish Cup and the Artemis Macaulay Cup. The ladies' teams competed in the WCA MOWI Premier League and WCA MOWI North League, securing a third-place finish in the Premier League and reaching the semi-final of the WCA Valerie Fraser Camanachd Cup. The youth section continued to thrive, winning the Under-17 National League Section A and securing second place in both of the Under-14 leagues entered.
Beyond competitive success, the charity continued to make a positive contribution to the health, wellbeing and social inclusion of the local community by providing a safe, welcoming and inclusive environment for players, coaches, volunteers, supporters and their families. A significant achievement during the year was the official opening of the Donnie Martin Stand, named in memory of the club's former Chairman and Chieftain. This important enhancement to the club's facilities has improved the experience for spectators and visitors while strengthening the charity's capacity to support participation in shinty and encourage greater community engagement with the club.
FINANCIAL REVIEW Reserves policy
Reserves will be reinvested in Skye Camanachd SCIO's charitable purposes.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is a Scottish Charitable Incorporated Organisation (SCIO) governed by its Constitution and regulated by the Office of the Scottish Charity Regulator (OSCR). The charity was established to promote and advance its charitable purposes as set out within its Constitution. The charity is administered by a Board of Trustees, who are responsible for the strategic direction, governance and financial management of the organisation. Trustees are appointed and retire in accordance with the provisions contained within the Constitution.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
046988
Principal address
Pairc nan Laoch Struan Road Portree Isle of Skye IV51 9EG
Page 1
Skye Camanachd SCIO
Report of the Trustees for the Year Ended 31 October 2025
Trustees
Miss F Cruickshank (appointed 21.4.25) (resigned 26.3.26) I Murray (appointed 10.5.25) (resigned 27.3.26) K MacLeod (appointed 21.4.25) (resigned 3.11.25) R Langlands (resigned 10.4.25) Miss J Beaton (resigned 3.11.25) Dr W Banks (resigned 15.1.26) R Robertson (resigned 11.4.25) W MacDonald (resigned 30.3.25) S A Latton (resigned 3.11.25) J A Gillies (resigned 10.4.25) R Nicolson (resigned 3.11.25) E MacKinnon (resigned 5.2.25) P Gordon (appointed 20.4.25) J Mackenzie (appointed 19.5.25) Miss D Gordon (appointed 1.5.25) J Macleod (appointed 27.3.25) Mrs K Millar (appointed 5.5.25) Ms M Maclean (appointed 29.4.25) (resigned 27.3.26) Mrs K A Tindall (appointed 21.4.25) (resigned 10.11.25) Mrs J MacPhee (appointed 10.11.25) R Harrison (appointed 10.11.25) D MacDougall (appointed 30.3.26)
Independent Examiner
Fiona Maclean FCCA Donald Rankin Business Services Tigh an Oisean Bridge Road PORTREE Isle of Skye Highland IV51 9ER
Approved by order of the board of trustees on 31 July 2026 and signed on its behalf by:
P Gordon - Trustee
Page 2
Skye Camanachd SCIO
Statement of Financial Activities
for the Year Ended 31 October 2025
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 14,198 Charitable activities The promotion & development of shinty on Skye 5,400 Other trading activities 3 64,708 Total 84,306 EXPENDITURE ON Raising funds 18,521 Charitable activities The promotion & development of shinty on Skye 52,469 Total 70,990 NET INCOME 13,316 Transfers between funds 8 (2,116) Net movement in funds 11,200 RECONCILIATION OF FUNDS Total funds brought forward 119,748 TOTAL FUNDS CARRIED FORWARD 130,948 |
Restricted funds £ 74,858 - - 74,858 504 4,149 4,653 70,205 2,116 72,321 49,553 121,874 |
31.10.25 31.10.24 Total Total funds funds £ £ 89,056 50,421 5,400 5,400 64,708 66,574 159,164 122,395 19,025 19,999 56,618 44,688 75,643 64,687 83,521 57,708 - - 83,521 57,708 169,301 111,593 252,822 169,301 |
|---|---|---|
The notes form part of these financial statements
Page 4
Skye Camanachd SCIO
Balance Sheet
31 October 2025
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 6 99,542 CURRENT ASSETS Stocks 7 1,500 Cash at bank 29,906 31,406 NET CURRENT ASSETS 31,406 TOTAL ASSETS LESS CURRENT LIABILITIES 130,948 NET ASSETS 130,948 FUNDS 8 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ 99,566 - 22,308 22,308 22,308 121,874 121,874 |
31.10.25 Total funds £ 199,108 1,500 52,214 53,714 53,714 252,822 252,822 130,948 121,874 252,822 |
31.10.24 Total funds £ 133,373 1,855 34,073 35,928 35,928 169,301 169,301 119,748 49,553 169,301 |
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 31 July 2026 and were signed on its behalf by:
P Gordon - Trustee
The notes form part of these financial statements
Page 5
Skye Camanachd SCIO
Notes to the Financial Statements for the Year Ended 31 October 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention.
Financial reporting standard 102 - reduced disclosure exemptions
The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals 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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - at varying rates on cost Plant and equipment - 15% on reducing balance Minibus - 15% on reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
continued...
Page 6
Skye Camanachd SCIO
Notes to the Financial Statements - continued for the Year Ended 31 October 2025
2. DONATIONS AND LEGACIES
| 2. | DONATIONS AND LEGACIES | ||
|---|---|---|---|
| 31.10.25 | 31.10.24 | ||
| £ | £ | ||
| Donations | 16,727 | 36,663 | |
| Grants | 62,000 | 7,500 | |
| Subscriptions | 3,860 | 2,836 | |
| Gates | 6,469 | 3,422 | |
| 89,056 | 50,421 | ||
| Grants received, included in the above, are as follows: | |||
| Highland Council | 31.10.25 £ 25,000 |
31.10.24 £ - |
|
| Garfield Weston Foundation | - | 7,500 | |
| Grantscape | 25,000 | - | |
| Vattenfall | 12,000 | - | |
| 62,000 | 7,500 | ||
| 3. | OTHER TRADING ACTIVITIES | ||
| Fundraising events | 31.10.25 £ 14,265 |
31.10.24 £ 12,088 |
|
| Sponsorships | 29,125 | 30,550 | |
| Shinty Lotto | 12,373 | 15,462 | |
| 100 Club | 4,089 | 4,162 | |
| Sale of merchandise | 426 | 1,422 | |
| Advertising boards | 4,430 | 2,890 | |
| 64,708 | 66,574 | ||
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 October 2025 nor for the year ended 31 October 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 October 2025 nor for the year ended 31 October 2024.
continued...
Page 7
Skye Camanachd SCIO
Notes to the Financial Statements - continued for the Year Ended 31 October 2025
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM Donations and legacies Charitable activities The promotion & development of shinty on Skye Other trading activities Total EXPENDITURE ON Raising funds Charitable activities The promotion & development of shinty on Skye Total NET INCOME RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD 6. TANGIBLE FIXED ASSETS COST At 1 November 2024 Additions At 31 October 2025 DEPRECIATION At 1 November 2024 Charge for year At 31 October 2025 NET BOOK VALUE At 31 October 2025 At 31 October 2024 |
Freehold property £ 103,225 74,406 177,631 - 4,149 4,149 173,482 103,225 |
Unrestricted funds £ 8,747 5,400 66,574 80,721 19,833 44,688 64,521 16,200 103,548 119,748 Plant and equipment £ 24,443 - 24,443 5,091 2,903 7,994 16,449 19,352 |
Restricted funds £ 41,674 - - 41,674 166 - 166 41,508 8,045 49,553 Minibus £ 24,330 - 24,330 13,534 1,619 15,153 9,177 10,796 |
Total funds £ 50,421 5,400 66,574 122,395 19,999 44,688 64,687 57,708 111,593 169,301 Totals £ 151,998 74,406 226,404 18,625 8,671 27,296 199,108 133,373 |
|---|---|---|---|---|
continued...
Page 8
Skye Camanachd SCIO
Notes to the Financial Statements - continued for the Year Ended 31 October 2025
7. STOCKS
| Stocks MOVEMENT IN FUNDS Unrestricted funds General fund Designated:Merchandise Designated:Ladies Belfast Trip Restricted funds CA Shinty Dev Officer Donnie Martin Stand TOTAL FUNDS Net movement in funds, included in the above are a Unrestricted funds General fund Designated:Merchandise Designated:Ladies Belfast Trip Restricted funds Donnie Martin Stand TOTAL FUNDS |
At 1.11.24 £ 112,517 7,231 - 119,748 8,045 41,508 49,553 169,301 s follows: |
Net movement in funds £ 16,573 (49) (3,208) 13,316 - 70,205 70,205 83,521 Incoming resources £ 81,205 426 2,675 84,306 74,858 159,164 |
31.10.25 31.10.24 £ £ 1,500 1,855 Transfers between At funds 31.10.25 £ £ (5,324) 123,766 - 7,182 3,208 - (2,116) 130,948 - 8,045 2,116 113,829 2,116 121,874 - 252,822 Resources Movement expended in funds £ £ (64,632) 16,573 (475) (49) (5,883) (3,208) (70,990) 13,316 (4,653) 70,205 (75,643) 83,521 |
|---|---|---|---|
8. MOVEMENT IN FUNDS
continued...
Page 9
Skye Camanachd SCIO
Notes to the Financial Statements - continued for the Year Ended 31 October 2025
8. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net At movement 1.11.23 in funds £ £ Unrestricted funds General fund 98,289 15,191 Designated:Merchandise 6,222 1,009 Designated;Minibus (963) - 103,548 16,200 Restricted funds CA Shinty Dev Officer 8,045 - Donnie Martin Stand - 41,508 8,045 41,508 TOTAL FUNDS 111,593 57,708 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 78,802 Designated:Merchandise 1,422 Designated: PHS USA Trip 497 80,721 Restricted funds Donnie Martin Stand 41,674 TOTAL FUNDS 122,395 |
Transfers between At funds 31.10.24 £ £ (963) 112,517 - 7,231 963 - - 119,748 - 8,045 - 41,508 - 49,553 - 169,301 Resources Movement expended in funds £ £ (63,611) 15,191 (413) 1,009 (497) - (64,521) 16,200 (166) 41,508 (64,687) 57,708 |
|---|---|
continued...
Page 10
Skye Camanachd SCIO
Notes to the Financial Statements - continued for the Year Ended 31 October 2025
8. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Designated:Merchandise Designated;Minibus Designated:Ladies Belfast Trip Restricted funds CA Shinty Dev Officer Donnie Martin Stand TOTAL FUNDS |
At 1.11.23 £ 98,289 6,222 (963) - 103,548 8,045 - 8,045 111,593 |
Net movement in funds £ 31,764 960 - (3,208) 29,516 - 111,713 111,713 141,229 |
Transfers between funds £ (6,287) - 963 3,208 (2,116) - 2,116 2,116 - |
At 31.10.25 £ 123,766 7,182 - - 130,948 8,045 113,829 121,874 252,822 |
|---|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Designated:Merchandise Designated: PHS USA Trip Designated:Ladies Belfast Trip Restricted funds Donnie Martin Stand TOTAL FUNDS |
Incoming resources £ 160,007 1,848 497 2,675 165,027 116,532 281,559 |
Resources Movemen expended in funds £ £ (128,243) 31,764 (888) 960 (497) - (5,883) (3,208) (135,511) 29,516 (4,819) 111,713 (140,330) 141,229 |
|---|---|---|
Transfers between funds
£2,116.51 was transferred from the general fund to the Donnie Martin Stand fund during the year. £3,207.76 of general funds were used to cover the remaining costs of sporting trips organised by the club during the year.
continued...
Page 11
Skye Camanachd SCIO
Notes to the Financial Statements - continued for the Year Ended 31 October 2025
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 October 2025.
Page 12
Skye Camanachd SCIO
Detailed Statement of Financial Activities for the Year Ended 31 October 2025
| Detailed Statement of Financial Activities for the Year Ended 31 October 2025 |
||
|---|---|---|
| 31.10.25 | 31.10.24 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 16,727 | 36,663 |
| Grants | 62,000 | 7,500 |
| Subscriptions | 3,860 | 2,836 |
| Gates | 6,469 | 3,422 |
| Other trading activities | 89,056 | 50,421 |
| Fundraising events | 14,265 | 12,088 |
| Sponsorships | 29,125 | 30,550 |
| Shinty Lotto | 12,373 | 15,462 |
| 100 Club | 4,089 | 4,162 |
| Sale of merchandise | 426 | 1,422 |
| Advertising boards | 4,430 | 2,890 |
| Charitable activities | 64,708 | 66,574 |
| Rental income | 5,400 | 5,400 |
| Total incoming resources | 159,164 | 122,395 |
| EXPENDITURE | ||
| Other trading activities | ||
| Opening merchandise stock | 1,855 | 1,866 |
| Merchandise | 120 | 402 |
| Shinty Lotto expenses | 10,777 | 10,922 |
| 100 Club expenses | 1,275 | 2,000 |
| Fundraising expenses | 5,994 | 6,498 |
| JustGiving expenses | 504 | 166 |
| Closing merchandise stock | (1,500) | (1,855) |
| 19,025 | 19,999 | |
| Charitable activities | ||
| Property insurance | 5,358 | 5,475 |
| Sundries | 1,797 | 668 |
| Motor & travel | 3,405 | 7,904 |
| Repairs & renewals | 16,902 | 7,160 |
| Entry fees | 655 | 525 |
| Referee expenses | 1,752 | 2,337 |
| Training facilities | 3,242 | 1,753 |
| Medals | 394 | 406 |
| Park maintenance | - | 831 |
| Coaching | 60 | 720 |
| Carried forward | 33,565 | 27,779 |
This page does not form part of the statutory financial statements
Page 13
Skye Camanachd SCIO
Detailed Statement of Financial Activities for the Year Ended 31 October 2025
| Detailed Statement of Financial Activities for the Year Ended 31 October 2025 |
||
|---|---|---|
| 31.10.25 | 31.10.24 | |
| £ | £ | |
| Charitable activities | ||
| Brought forward | 33,565 | 27,779 |
| Medical supplies | 313 | 496 |
| Donations | 600 | 2,800 |
| Membership insurance | 4,834 | 5,717 |
| Clubhouse repairs | - | 350 |
| Minibus expenses | 2,752 | 1,726 |
| Portree High School USA trip | - | 497 |
| Trips | 5,883 | - |
| Freehold property | 4,149 | - |
| Plant and equipment | 2,903 | 3,418 |
| Minibus depreciation | 1,619 | 1,905 |
| 56,618 | 44,688 | |
| Total resources expended | 75,643 | 64,687 |
| Net income | 83,521 | 57,708 |
This page does not form part of the statutory financial statements
Page 14
Independent Examiner's Report to the Trustees of Skye Camanachd SCIO
I report on the accounts for the year ended 31 October 2025 set out on pages four to twelve.
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's 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 the independent examiner's report
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. 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 seeking explanations from you as 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 connection with my examination, no matter has come to my attention :
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(1) which gives me reasonable cause to believe that, in any material respect, the requirements
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to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
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to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations
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.
Fiona Maclean FCCA The Association of Chartered Certified Accountants
Donald Rankin Business Services Tigh an Oisean Bridge Road PORTREE Isle of Skye Highland IV51 9ER
31 July 2026
Page 3
Skye Camanachd SCIO
Contents of the Financial Statements for the Year Ended 31 October 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 12 |
| Detailed Statement of Financial Activities | 13 | to | 14 |