**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:
- Providing development and opportunities to play the game of shinty at all levels.
- Participation in league fixtures and national cup competitions across Scotland.
- The provision of the facilities necessary to the achievement of the above purposes.
- Encouraging a healthy lifestyle for all ages by allowing access to the facilities by other groups and individuals.
- 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 :
- (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; and
- 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|