## **The Island Park Community Field SCIO**
**Scottish Charity Number SC048069**
**Annual Report and Financial Statements For the year ended 31st January 2025**
1
## **Trustees' Annual Report**
## **For the year ended 31st January 2025**
The trustees have pleasure in presenting their report together with the financial statements for the year ended 31st January 2025.
## **Reference and Administrative Information**
## **Charity Name**
The Island Park Community Field SCIO
## **Bankers**
Bank of Scotland, PO Box 1000, BX2 1LB
## **Independent Examiner**
Voluntary Action Lochaber, An Drochaid, Claggan Road, Fort William, PH33
6PH
## **Structure, Governance and Management**
## **Constitution**
The Island Park Community Field is a Scottish Charitable Incorporated Organisation (SCIO), registered on 17th January 2018. It has a two tier structure comprising of Members and Charity Trustees.
## **Appointment of trustees**
The number of Charity Trustees shall be not less than three or more than seven.
From and after the first General Meeting, the Board shall comprise the following individual persons (a majority of whom shall always be Elected Charity Trustees):-
* up to 7 individual persons elected as Charity Trustees by the Ordinary Members, who must themselves be Ordinary Members; and
- up to 1 individual person appointed by The Island Park Foundation; and
- up to 2 individual persons co-opted, so as to ensure a spread of skills and experience within the Board.
## **Objectives and Activities**
## **Charitable purposes**
1) The provision of recreational facilities, or the organisation of recreational activities.
- 2) The advancement of public participation in sport.
## **Achievements and Performance**
We had another good year:-
*Maintaining the new mower to cut the grass.
*The Gala Day was again a very successful event - good attendance by the community and others outwith the village.
- *Football training was offered free of charge to all primary ages throughout the whole term.
- *Guy Fawkes night was also a success and was a positive community engagement event.
*Primary School children and Staff were provided with selection boxes.
*Ideas contributed towards the Kinlochleven Place Plan, whilst also targeting a few pieces of land which the Trustees would be interested in purchasing through Community Asset Transfer scheme.
2
## **Financial Review**
Total income for the year was £6,254. Expenditure for same period was £7,377 resulting in a deficit of £1,123. Reserves at year end were £860 - £560 of unrestricted funds and £300 of restricted funds held on behalf of Kinlochleven Football Club.
## **Reserves Policy**
There is no requirement in the Constitution to hold any reserves however the trustees recognise that it is advisable to retain three months worth of normal running costs in order to meet commitments.
## **Plans for future period**
The Trustees will meet to plan the schedule of events for the coming year but they would hope to host the 2 main events again as these were well received by member of the community.
Progress with Community Asset Transfer.
## **Exemptions from Disclosure**
There are no exemptions from disclosure.
## **Funds held as custodian trustee on behalf of others**
£300 held in restricted funds on behalf of Kinlochleven Football Club.
This report was approved by the Trustees on 13th October 2025.
Date: 13th October 2025
3
**The Island Park Community Field SCIO Scottish Charity Number SC048069**
## **Independent examiner’s report to the committee on the unaudited accounts of The Island Park Community Field SCIO.**
I report on the accounts of the SCIO for the year ended 31st January 2025 which are set out on pages 5 to 8.
## **Respective responsibilities of trustee and independent 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) (d) of the 2006 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. 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, and
- to prepare accounts which accord with the accounting records and comply with Regulation 9 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.
Date: - 14th October 2025 Finance Manager Voluntary Action Lochaber An Drochaid, Claggan Road Fort William PH33 6PH
4
**The Island Park Community Field SCIO Receipts and Payments Accounts For the year ended 31st January 2025 Scottish Charity Number SC048069**
||||**Year to**|**Year to**||**Year to**|**Year to**|
|---|---|---|---|---|---|---|---|
||||**2025**|**2025**||**2025**|**2024**|
||||**Unrestricted**|**Restricted**||**Total**|**Total**|
|**Receipts**|**Note**||**£**|**£**||**£**|**£**|
|**Grants and Donations**||||||||
|Grants||4|-|3,497||**3,497**|56,824|
|Donations||5|-||85|**85**|970|
|**Bank interest received**|||-|-||**-**|-|
|**Other Income**||||||||
|Kinlochleven Football Club|||-|300||**300**|-|
|Fundraising|||2,373|-||**2,373**|2,275|
|**Total Receipts**|||2,373|3,882||**6,254**|60,069|
|**Payments**||||||||
|**Charitable Activities**||||||||
|Kinlochleven Play Park|||-|-||**-**|49,819|
|Mower Purchase|||-|-||**-**|3,500|
|Mower Expenses|||96|-||**96**|-|
|Bench Purchase|||248|-||**248**|-|
|Shed Expenses|||161|-||**161**|109|
|Fuel Costs|||166|-||**166**|60|
|Insurance|||1,138|-||**1,138**|1,183|
|IT Licences|||80|-||**80**|-|
|Licences|||-|562||**562**|67|
|Event Costs|||1,573|2,935||**4,508**|5,281|
|Selection Boxes|||212||85|**297**|512|
|Lease Fees|||1|-||**1**|-|
|Repairs & Maintenance|||-|-||**-**|1,050|
|**Governance Costs**||||||||
|Independent Examination||7|120|-||**120**|100|
|**Total Payments**|||3,796|3,582||**7,377**|61,682|
|Surplus/(Deficit) for the year before transfers|||(1,423)|300||**(1,123)**|(1,613)|
|Transfers between funds||6|-|-||**-**|-|
|**Surplus/(Deficit) for the year**|||(1,423)|-||**(1,123)**|(1,613)|
5
## **The Island Park Community Field SCIO Receipts and Payments Accounts For the year ended 31st January 2025 Scottish Charity Number SC048069**
|||**Year to**|**Year to**|**Year to**|**Year to**|
|---|---|---|---|---|---|
|||**2025**|**2025**|**2025**|**2024**|
|||**Unrestricted**|**Restricted**|**Total**|**Total**|
|**Statement of Balances - as at 31st January 2025**||||||
|**Opening cash at bank and in hand**||1,984|-|**1,984**|3,596|
|Add Income||2,373|3,882|**6,254**|60,069|
|||4,356|3,882|**8,238**|63,666|
|Less Expenditure||3,796|3,582|**7,377**|61,682|
|Transfers|6|-|-|**-**|-|
|**Closing cash at bank and in hand**||560|300|860|1,984|
|**Bank and Cash Balances**||||||
|Treasurers Account||560|300|**860**|1,984|
|Outstanding Lodgements||-|-|**-**|-|
|Outstanding Cheques||-|-|**-**|-|
|Petty Cash||-|-|**-**|-|
||9 & 10|560|300|**860**|1,984|
|||-|-|-|-|
## **Signed on behalf of all Trustees:**
## **Date: 13th October 2025**
**The notes on pages 7 to 8 form part of these financial statements**
6
**The Island Park Community Field SCIO Scottish Charity Number SC048069 Notes to the accounts For the year ended 31st January 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 discretion of the trustees in furtherance of the objects of the charity. The trustees maintain a single unrestricted fund for the day-to-day running of the SCIO.
Restricted funds may only be used for specific purposes. Restrictions arise when specified by the donor or when funds are raised for specific purposes.
## 3 **Related party transactions**
No remuneration was paid to the trustees or any connected persons during the period (2024: £NIL).
## 4 **Grants**
|Kinlochleven Comm Benefit Fund
Kinlochleven Community Council
Highland Council
Co-op Community Fund
Edinburgh & District Fund|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total 2025 Total 2024**
-
2,747
2,747
5,549
-
250
250
-
-
500
500
50,000
-
-
-
1,026
-
-
-
250|
|---|---|
||-
3,497
3,497
56,824|
## 5 **Donations**
|Collection -
Collection -
Kinlochleven Parish Church
Misc Donations|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total 2025 Total 2024**
-
-
-
250
-
-
-
320
-
85
85
300
-
-
-
100|
|---|---|
||-
85
85
970|
## 6 **Transfers between funds**
There were no transfers between funds during the period (2024: £181).
## 7 **Governance Costs**
|Independent Examination|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total 2025 Total 2024**
120
-
120
100|
|---|---|
||120
-
120
100|
## 8 **Volunteers**
The trustees would like to record their thanks to all the volunteers who dedicate a significant amount of time for no remuneration to the charity.
7
## 9 **Unrestricted Funds**
|9 **Unrestricted Funds**||
|---|---|
|Unrestricted Funds
10 **Restricted Funds**
Kinlochleven Comm Benefit Fund
Kinlochleven Community Council
Highland Council
Kinlochleven Football Club
Kinlochleven Parish Church|**At 1st**
**February**
**2024**
**Incoming**
**Outgoing**
**Transfers**
**At 31st**
**January**
**2025**
1,984
2,373
(3,796)
-
560|
||1,984
2,373
(3,796)
-
560|
||**At 1st**
**February**
**2024**
**Incoming**
**Outgoing**
**Transfers**
**At 31st**
**January**
**2025**
-
2,747
(2,747)
-
-
-
250
(250)
-
-
-
500
(500)
-
-
-
300
-
-
300
-
85
(85)
-
-|
||-
3,882
(3,582)
-
300|
Highland Council / Kinlochleven Community Council - Gala Day Kinlochleven Comm Benefit Fund - Fireworks Display Kinlochleven Football Club - Funds Held Kinlochleven Parish Church - Selection Boxes
8