Holy Loch Sailing
Registered Number SC052823
Holy Loch Sailing Club SCIO
Report and Financial Statements
For the Year end8d 31st December 2025
OSCR
Reglstered
scio
SC052823

Holy Loch Sailingciub SCIO
Report and Accountsforthe Period ending 31" December2025
Contents
Holy Loch Sallingciub SCIO..........
Report and Financial Statements....................................................................................
Forth8 Year ended 31st December2025................................................
Reference and Administration details............................................
Trustees.........................................
Trustees Annual Report..........................................................................................................
Govemance, Strutture. and Objective5...............................................
Governln8 Document .
Management Structure................................................................................
Charitable Objectives...........................,..................
Achlevements and Performance.................
What Did We Do to Meet the Purposes.................................................................................
Actlvitles..........................................
Salllng........................................................................................................................
Moorings............................................................
Safety Boats..................................................................................................................
Cadet5 Training..............................................................................
PVG..............................
Funding .
Training.............................................................................................
SocialActivities & Events management...................................
Skiff .
10
10
10
Clubhouse.................-
10
Car Park and Stor8ge.
Community Engagement..............................................................................................
Volunteers..................................................................................................................
Future Pians...........................................
12
FSnanclal Review.....................
13
Rese￿eS Pollcy...............
13
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Holy Loch Sailing Club SCIO
Report and Accounts forthe P8ri0d ending315t December2025
Based on the period ended 31st December 2025.
13
Financial Summary........................................................................................................... 13
Future plans.................................
13
Independent Examiners Report.
14
Respective responsibikntles ottrustees and ex8mSner..................................................... 14
Basis of independentexamin6r's stat8m6nt.................................................................. 14
Independent examiner's 8t8tement.............................................................................. 14
Receipts 8nd Payments Account..................................................................................... 15
Receipts .
15
Payments..
15
Statement of Balances Cash Funds...
16
OtherAssets.......
16
Note5 to the Accounts..............................................................................
18
Basis of Preparation
Nature and Purpose of Funds .
18
18
Donations................................................................................................................ 18
Fundraislng.
18
Trading.
Receipts from Charitable Activities.
Other.................................................................................................................,..-. 19
19
19
Asset Sales..................................-
19
Trading.................................................................................................................... 20
Charltable Activltles...........................................................................,................,.. 20
io.
ii.
Governance, Legal Fees.......................................................................................... 21
12.
Fixed Assets.......................................................................................................... 21
13.
Related Party Transactions.......
21
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Holy Loch Sailing Club SCIO
Report and Accountsforthe Period ending31*1 December 2025
Reference and Administration details
Charlty Name
Holy Loch Sailing Club SCIO
Name the Charlty Is known by
HLSC
Charlty Number
SCO52823
Pvln¢lple Address
The Clubhouse
Shore Road
Sandbank
Argyll
PA23 8QB
Bankers
Bank of Scotland
PO Boxlo
8x2 ILB
Independent Examlner
Henderson & Co Chartered Accountants
73 Union Street
Greenock
PA16 8BG
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Holy Loch Sailing Club SCIO
Report and Accounts for the Period ending 31lt December 2025
Trustees
POSITION
DATE
DATE
NAME
HELD
APPOINTED
1910912023
1910912023
RESIGNED
Kirsteen Brown
Commodore
Andrew Leech
Treasurer
2811112025
Victor John Harrison
Treasurer
2811112025
William Aitchison
Sailing Secretary
Cadet Officer
1910912023
Neil Towart
1910912023
Sallie Condv
1910912023
2811112025
Ruth Lee
Membership Secretary
Secretary
2811112025
Catrlona Cralg
Alistair McLean
0211212024
0211212024
Vice Commodore
Alisdair Clements
0211212024
Stuart Brown
0411212024
0211212024
lan Hurrel
2811112025
Alasdalr Macvlcar
2811112025
Harris Munns
0211212024
Marlon Bowen
0211212024
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Holy Loch Sailingciub SCIO
Report and Accountsforthe Period ending 31" Dècember 2025
Trustees Annual Report
The Trustees present their Second Annual Report from registration on 19 September 2023 for the
Year ended 3151 De￿rnber 2025
Governance, Structure, and Objectives
Governing Document
The Charity is a Scottish Charitable Incorporated Organlsatlon ISCIO} with a SCIO Constitutlon. It was
registered on 19th September 2023 with the intention of tsking on the assets, liabilities and activities
of the unincorporated Community Amateur Sports Club also known as Holy Loch Sailin8 Club.
This pro￿$$ had been agreed by members of the former association at the Special General Meeting
held on 4 July 2023.
All people who were recorded as members of the fomier association at thls time became members of
the SCIO from registration on 19 September 2023.
Following the formation of the SCIO, the former unincorporated association Holy Loch Sailing Club was
wound up, and all assets and liabilities were transferred to the new SCIO.
Management Structure
The SCIO ha5 a two-tier structure with both Members and Charity Trustees.
The Members have the r*ht to attend the AGM and have Important powers when takln8 declslons in
relation to any changes to the Constitution.
The Charity Trustees are appointed annually at our Annual General Meetin8 unless there are vacancies
which will be filled during the year. Trustee and other volunteering opportunities are advertised on
our club website and promoted to members via email and social media. Annual trainin8 was provided
for trustees on their roles and responsibilities.
The Charity Trustees set the strategy and policy of the charity, control and supervise the activities
undertaken and are responsible for monitorin8 its financial position.
Charitable Objectives
The charity Holy Loch Sailing Club SCIO has been established with the followin8 Charitable Purposes.,
To encourage ondfocilitote communityporticipation in heolthy recreotlon. by the provision offacilities
for the sport of sailing/ boating/ woter sports and to provide sociol ond otherf(Kilitiesfor members
ond other community organisotions os moy be appropriotefrom time to time.
In furthering these purposes, the Club will 0150 seek to promote sofety when booting, encourage and
promote good sportsmonship in the sport of boating and promote respect ond core for the mt7rine
environment.
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Holy Loch Sailing Club SCIO
Report and Accountsforthe Period ending 31" December 2025
Achievements and Performance
This Is Holy Loch Sailing Club SCIO'5 second annual report to OSCR. In this report, the trustees explain
the activities the Club has undertaken in support of its charitable purposes, and what their priorities
are over the coming season and further ahead.
What Did We Do to Meet the Purposes
Activities
At the year-end 31 December 2025 our membershlp stood at 174 members, an Increase of IO% on
last year11571. Membership consisted of..
92 Members.
5 Intermediate Members,
19 Junlor Members (with a further 6 included in family membershlpl,
26 Family Members,
24 Social Members and
2 Volunteer members
6 Honorary Members.
2025 has been marked by notable achievements and steady progress. underscoring the club's
commitment to fostering a vibrant and inclusive water sports community. Our racing pro8ram
continues as a s18nificant hi8hlight, demonstratlng increased participation and enthusiastic
en8a8ement, and culminatlng In a highly successful end-of-season Polaris Regatta where strong winds
provided excellent spectator viewing and the shore events were well supported. The introduction of
T￿esdaY night dinghy sailing. while yielding mixed outcomes due to varied attendance. has provided
valuable insights to guide future programming.
Membership has shown a good Increase at IO%, a testament to the club's communication initlatives,
social media engagements, event programmin& and a welcoming atmosphere that encourages new
and returning sailors and watersports members alike. The club has also demonstrated resilience in the
face of challenges, such as storm damage in January and a spate of engine thefts, by swiftly upgrading
security measures and reinforcin8 a culture of vi8ilance and care among members.
Holy Loch Sailing Club owes its continued success to the dedication of its volunteers. whose
commitment is the cornerstone of all club operations. Their effort5 have ensured the smooth running
of an array of sailing and non-sailing events. a robust and well-maintained infrastructure. and a thriving
cadet program. As the club looks ahead to 2026, vt remains steadfast in its mission to promote water
sport5, Strengthen community ties. and prowde rewarding opportunitie5 for all who share a passion
forwatersports.
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Holy Loch Sailing Club SCIO
Report and Accounts forth8 Period ending31" December2025
We made some of changes to our constitLrtion which were agreed at our second AGM on 28th
November 2025, these were mainly tidying up of the document includin& numberin& spelllng and
Improving the clarity of a couple of items e.g. changing 'cornmtttee' to 'Board', more detail around
non-voting roles within the club and the inclusion of a new rnembership secretary role.
Since becoming a SCIO, we have worked on our communications channels for members and to the
wider community. We regularly update the website and promote our activities and events includlng
sailing and the progress of the skiff build. We have received excellent coverage in the local paper and
contribute weekly during the sailing season. Our social media channels are very active keeping
members up to date with events and pittures.
Sailing
It was a Season of light winds. In spite of this. only one race was cancelled. It was rescheduled, and
that meant our whole program of 27 races was completed. Likewise, at our end of season Polarls
Regatta, the mixed conditions didn't prevent completion.
As a trial thi5 year, we instigated Dinghy only racing on Tuesdays from the end of May. One Series,
IPrlmary Points). of 4 raos, was completed with an average turnout of 4 boats. Support for the Second
Serles, (Holiday Pointsl, declined rapidly, and eventually the decision was made to call a halt. The
Saillng Sub Committee will be re.examinin8 this, and hopefully resume thi5 next Season, perhaps uslng
a dlfferent format.
The turnout of boats in the Wednesday Series was Din8hies 314, FF 213, Handicap 314, Pipers 516.
Compared with other Clubs, having a turnout of 14 boats for evenin8 racin8 15 good, but the turnout
for weekend racing continues to be less well attended.
2026 Is the 60th Annlversary of the Piper Class. and arrangements are well in hand by the Class
Committee.
Without the help of many. racing would not be possible. Thanks are due to safety boat crews for giving
of their time, Also, the team at Lazaretto Point for Po13ris, officiating the Cadet racing, the results
service throughout the season, and the team who provide the post racing kitchen Service. Volunteers
mark laying assistance, and other duties.
Holy Loch Sailing Club 15 holding steady in the difficult times prevailing in Clyde Yacht Racing, and
hopefully a renewed effort on the din8hy front will provide the impetus for more participation.
Moorings
The administration of our rnoorings has improved. moorings have been tagged and locatlons logged
and members now have a dirert contart with our new mooring coordinator. The club still awaits
Bidwell's invoices for our moorings for 2024 and 2025. the delay has been due to the move to a SCIO
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Holy Loch Sailingclub SCIO
Report8nd Accounts forthe Period ending31" December2025
and it has taken time for Bidwell's to create the legal document required. We hope to have this
remedied during 2026.
Safety Boats
The safety boats have been well maintained and are being fully serVi￿d profe55ionally on a bi-annual
basls rotating each boat, volunteers have carried out 8eneral maintenance and repairs as well as
refurbishment durin8 the year. Following RYA guidance. we managed to Suc￿$SfUllY man our safety
boats wlth 2 crew members for most Tue￿aY and Wednesday evenings and 4 on Thursday night
cadets.
Cadets Training
The Cadets started back at the end of April and ran to the mTrddle of September for the 2025 season.
There were 25 cadets this year. We managed to include everyone that was on the waiting list for 2025.
All evenings were excellently attended, and everyone seemed to enjoy themselves. It has been a
Season of progress, where children have steadily improved. We had a great tUrr￿ut for Polaris and
some children have joined Toward sailing club winter series.
We bought three toppers from Bardowie Sailing Club for a total of £101. We also refreshed the ISO
covers. In addition. swordfish Marine donated a Pico dinghy and Pico sails. The trailers were also
repalred at the Men'5 Shed. Next year the club will be looklng to replace the topper racking system
and some hard launching trolley wheels.
The cadet program Is reliant on volunteers, and the club continues to be grateful for the volunteer
commitment.
PVG
Protecting Vulnerable Groups in Scotland is a background check for people who work with children or
protected adults in "regulated roles" It is a legal requirement and is managed by Disclosure Scotland.
We have progressed all those required for 2025 and intend to roll this out further in 2026 to include
our safety boat crews.
Funding
We continue to monitor funding availabillty and now have a dedicated volunteer funding coordinator,
identifying funding channels and supporting our funding plan. This is enormous support to the Board.
We were also awarded some free advisory hours funded by Social Enterprise Academy to help us focus
on funding landscape and requirements and planning our strategic aims for the future. We have been
successful in two funding applications in 2025 - Western Ferries sponsorship and Alpkit and we
continue to pursue these opportunities as they arlse and when we have approved projects that need
fundin8.
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Holy Loch Sailingciub SCIO
Report and Accountsforthe Period ending 31" December 2025
Training
The club trained 20 members in Ilfe savlng skills including defibrillation-The event was a collaboration
with Heartstart and the Coast8uard. In 2026 we will run a first aid course and some powerboating
courses in April to keep our safety-boat team topped up. We also plan to put one volunteer through
an instrurtor course to support our Cadet program. All of which will support the ongoin8 growth of
the club and enhance volunteer skills.
Soci81 Activities & Events man8gement
Runnlng an event is always hard work and it takes Ilme and commitment to organise, without the
support of our members and thelrfriendswho do thiswe could not run them. We have put on a wide
and varied program of events this year, some free, all of which have been successful and made proflts
where fees charged to support our club. We hosted a number of events this year- engine maintenan
workshop, wine palrlng evening, Boat Jumble. Abba ni8ht,"IVII never work" Screenin& Spring Tea, end
of 5ea50n BBQ lifesaving skills, and our season highlight the Polaris Re8atta where we continue to be
grateful to Shearwater marlne for thelr generous sponsorship and the end of year prize giving. The
attendance was excellent at all the events and members who attended all commented on how much
they enjoyed them and how well run they were. Running events is important as it provides a chance
during both the sailing Season and off season for community engagement. members to connect and
for the club to Increase its revenues to support our future plans.
Skiff
The sklff bulld program was agreed at Board level to allow the stsrt of the construction and further
commitment agreed atthe 2025 AGM by memberstoallow completion. The build has made excellent
progress In 2025 through the hard woik and enthusiasm of the build tearn and is expected to be
completed in early summer 2026.
Clubhouse
The clubhouse has served the club well for many years, but it does have its challenges, e.g. it is cold In
the winter and there is no easy way to incorporate a disabled toilet and other facilities, it was agreed
at the AGM 2025 that a long-term infrastructure committee would be formed to address the lon8er-
term footprint and infrastructure of the club buildin8s and land.
We ran several maintenance days in 2025, they were well organised and achieved significant benefits,
namely the clubhouse daddin& railings. radiators, and window frames have all been repainted.
Curtains were cleaned and re-sewn, grounds weeded. and the car park tidied. Dinghy storage was
improved. In addition, we now have a condition report that allows us to streamline what needs done
and prioritise activities.
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Holy Loch Sailingciub SCIO
Report and Accountsforthe Period ending 31st De¢ember2025
The clubhouse has been used by several local community groups throughout the season to host their
events for example, the clubhouse hosted the Fairlie Sailing aub muster. Mountain Bike AGM,
Residents assoc. DGS leavers event and numerous private hires.
Car Park and Storage
Nominating a coordinator to manage the administration of our storage has benefited the club. it Is
becoming easier to identify Boat storage ownership which 15 enablin8 the club to manage space and
recelve income due. though there is still room for Improvement.
The Galley and Bar
We have a core group of members who show up every Wednesday and Thursday night provlding our
sailing members with refreshments and always with a smile and occasionally some home bakln8. The
bar has been well manned when required and the management of bar stock is improvin8 Wlth less
waste and improved purchasing.
Community Engagement
The club attended an open day at Sandbank prlmary school where the students were able to look at
dinghies and ask questions about sailing. Thls was a very successful event enjoyed by all those who
attended.
We are continuin8 to improve our presence and visibility in our local community; we Invited our
advisor from Third Sector Support Cowal and Bute to our board meeting in February 2025. This
connection has helped us with netr40rkin8 and advice.
We nominated and attended Tsi (Thlrd sector interface) Volunteer awards where our youngest board
member was shortlisted in 2 cate8ories Iyoung sports coach of the year and youn8 volunteer of the
year), we took a table at Sandbank Volunteer Fair which translated into a number of new connections,
potential new members and we now have a seat on the Tsi Strategy Forum as a voice for HLSC.
The club continue5 to lease Argyll & Bute Council the land for the Sandbank Playpark for a notional £1.
This is a very valued contribution to the Sandbank Community and has a positive impact on families in
the area, however there are Still ongoing le8al discussions to move the lease to the SCIO.
Volunteers
As ever the club relies heavily on its members to volunteer to keep the club runnin8 and we would like
to thank our volunteer members for continuing to commit their time and energy for the beneflt of the
club, and the Board who continue to support the objective5 of the club. volunteer hours were
estlmated in excess of 3(KK) hours in 2025.
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Holy Loch Sailingclub SCIO
R6POrtand Accounts forthe Period ending31" December2025
Future PLans
Looking to 2026. We have agreed a plan for the changing rooms, settling on a simple solution to ensure
safeguarding requirements are met, this has been passed by the board at the November AGM and
work will start at the be8inning of the year and be completed before racing starts in 2026.
The slipway Is stlll causlng concem, and a proposal has been approved at the AGM 2025 to proceed
with remedial work to be undertaken before the water sports season starts in 2026, we expect this
work to support the slipway for at least 5 years. but this is not 8uaranteed.
The St Ayles skiff build is progresslng wlth flnancial support from the club which allows the kit and
materials to be purchased, we contlnue to pursue grant awards and have been successful with two as
previously mentioned. We have had members donations and volunteer commitment to build as well
as a free space to build provided by Swordfish marine. Thls will hopefully add future membership
growth and re-in state coastal rowing in the holy Loch of which there is a long History.
To support long term infrastructure planning- in 2026 we have appointed a subcommittee based
on members who volunteered for this at the AGM to lead the direction of the club's infrastrurture
strategy for the future. This would include any plans to change the fcotprlnt of the club.
Succession planning15 crltlcal; we need to address areas of rlsk. These are Current and future Board
changes and volunteer roles. We have also created a new Mernber5hip secretary role to manage our
membership system and collection of fees.
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Holy Loch Sailingclub SCIO
Report and AccountsfoTthe Period ending318t December2025
Financial Review
Reserves Policy
Charity has a policy to maintain unrestritted funds. which are free reserves of the Charity, at a level
equivalent to at least three months, expenditure. The Trustees consider that reserves at this level will
ensure that in the event of a significant reduction in fundin& they will be able to continue the Charlties,
current activities while consideration is given to ways in which additional funds can be raised.
Based on the period ended 31st December 2025
Ordinary expendlture for 3 months amounts to £6,310.
The Charity held, unrestricted. free. reserves of £38,380.
The Trustees are therefore satisfied that this reserves policy is being met, and funds held in excess of
thls amount are available to the Charity.
Financial Summary
Durlng the Perlod ending 31st December 2025. the Charity generated a surplus of £10,582.
Future plans
In thls annual review trustees note that the financial position is comparatlvely strong, but there are
several upcoming projects that will need financial support in the next few years. Financial plans will
need to Incorporate the allocation of funds for ongoing malntenance to the slipway: it being essential
for safe access to the water and for various staged work5 for the club house, e.g. the more immediate
set-up of private changing facilities to fulfil safeguarding needs and the neCeS￿ry surveys and projert
costs to investigate larger rebuilding for an accessible toilet and other facilities. We need to build our
fund5 to be ready for these projects.
At the time of approving the Financial Statements the Trustees have a reasonable expectation that the
Charity has adequate resources to continue its operational existen￿ for the next 12 months
The Trustees declare that they have approved the above Report.
Signed on behalf of the Charities Trustees.
Date
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Holy Loch S8ilingciub SCIO
Report and Accountsforth8 Period ending3111 December2025
Independent Examiners Report
We report on the accounts of the tharityfor the year ended 315r December 2025 which are set out
on pages 16 to 21.
Respective responsibilities of trustees and examiner
The charitws trustees a￿ responsible for the preparation of the accounts in accordance with the
terms of the Charities and Trustee Investment (Scotlandl Act 2(K15 and the Charitles Accounts
(Scotlandl Regulations 2006 las amendedl. The charity trustees consider that the audit requirement
of regulation 10111 Idl of the 2006 Accounts Regulations does not apply. It is our responsibility to
examine the accounts as required under Section 44llllcl of the Act and to state whether particular
matters have come to our attention.
Basis of independent examiner's statement
Our examlnatlon 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 conslderation of any unusual items or
disclosures in the accounts and seeks explanations from the trustees concerning such matters. The
procedures undertaken do not provide all the evidence that would be required in an audit, and
consequently we do not express an audit oplnlon on the view given by the accounts.
Independent examiner's statement
In the course of the examination, no matters have come to our attention, whith give us reasonable
cause to believe that in any material respects the requirements:
To keep accountlng records Sn accordance with Sertion 44111 lal of the 21)05 Art and Regulation 4 of
the 2006 Accounts Regulations
and to prepare account5 which accord with the accounting records and comply with Regulation 9 of
the 2006 Accounts Regulations
have not been met.
Robert J Henderson LLB CA
Henderson & Co
73 Union Street
Greenock
PA16 8BG
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Holy Loch Sailingciub SCIO
Report and Accountsforthe Period ending31¥t December2025
Receipts and Payments Account
Receipts
2025
Total
Funds £
2024
Total
Funds
Notes Unrestricted
Funds £
Restricted
Funds È
Donations
2,553
30
2.583
24,490
Fundralsln8
457
457
29
Trading
Charitable Activities
818
818
1,501
34.211
34,211
30,690
Other
85
32
117
133
Asset sales
2LK)
Total Receipts
38,124
62
38,186
57,043
Payments
Trading
Charitable Activlties
637
637
1.991
io
20,680
20.680
17,914
Governance Legal Fees
li
1.422
1,422
4.369
Flxed Assets
12
4.865
4,865
935
Total Payments
27.604
27,604
25.209
Net receiptslPayments
Funds brought FoNiard
10,520
62
10,582
31,834
27,860
3.974
31,834
Funds carried Forward
38,380
4,036
42,416
31,834
The notes on the following pages form an integral part of these accounts.
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Holy Loch Sailing Club SCIO
Reportand Accounts forthe Pgriod ending31" December2025
Statement of BaLances
Cash Funds
2025
2024
Unrestricted
Funds £
Restricted
Funds £
Total
Funds £
Total
Funds £
Openln8 Cash and Bank Balance
27,860
3.974
31,834
Surplus/Deficit for the Year
10.520
62
10,582
31,834
Closing Cash and Bank Balance
38,380
4,036
42,416
31,834
Other Assets
2025
Total
2024
Tot81
Unrestricted
Restricted
Club House and Land*
Sailing Dinghies and Spares
Patrol Boats
Tender and Engine
Trailers and Trollies
VHF Radios
Raclng Equlpment & Trophies
Fixture & Flttlngs
Pressure Washer
Vldeo Conference
LaptOP5
ccrv Cameras
Tractor
St Ayles Skiff IWIPI
Vacuum Cleaner
Stock for resale
iio,w)
37,401
11,0
iio,000
37,401
11,000
1,000
3,700
1,000
18,500
15,000
336
599
1.277
190
37,3CN)
11,0
3,700
3.700
1,000
18,5Q)
15.oc
336
599
18,51KI
336
599
1,277
190
3.142
155
992
2IyI,292
3.142
155
992
204.292
1,143
89,578
Total
*88sed on valuation on 29Apri12026 by DM Hall
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Holy Loch Sailing Club SCIO
Report and Accountsforthe Period ending 31st December2025
Liabilities
2025
Total
Funds £
2024
Total
Unrestricted
Fun(Js £
Restricted
Funds £
Funds £
Mooring Fees
Legal Fees
Governance
5.000
2,160
630
8.630
630
8,630
600
2.760
Total
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Holy Loch Sailingciub SCIO
Report and Accountsforthe Period ending3111 December2025
Notes to the Accounts
l. Basis of Preparation
These accounts have been prepared on the Re￿Ipts and Payments basis in accordance with the
Charltles and Trustee Investment Iscotlandl Act 2005 and the Charities Accounts (Scotlandl
Regulations 2006 las amended).
2. Nature and Purpose of Funds
Unrestricted funds are those that may be used at the discretion of the trustees to promote the
objectlves of the charity and maintain a single unrestricted fund for the day-to4ay running of the
club.
The restricted fund in Callum McLachlan's name is to be used for the sole purpose of supporting
young sailors further with their sailin8 careers.
3. Donations
2025
Total
2024
Total
Unrestricted
Funds £
Restricted
Funds £
Funds £
Funds £
24,371
59
From prevlous Organisation
Cash Donation
Polarls Regatta Donation
Skiff Build donation
Callum Mclachlan Fund
1,000
1,553
1.553
30
30
60
Totsl
2,553
30
2.583
24,490
4. Fundraising
2025
Total
2024
Total
Unrestricted
Funds £
Restricted
Funds £
Funds £
Funds £
Argyll Lottery
457
457
29
29
Total
457
457
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Holy Loch S8ilingciub SCIO
Report and Accountsforthe Period ending 315t December 2025
5. Trading
2025
2024
Total
Unrestricted
Funds £
Restricted
Funds £
Total
Funds £
458
360
Funds £
Online Store (Merchandise)
Advertising space
Race Organisation
458
360
781
200
520
1,501
Total
818
818
6. Receipts from Charitable Activities
2025
Total
2024
Unrestrlcted
Funds £
Restricted
Funtls £
Total
Funds £
Funds £
Subscriptions
Storage l Moorlng
Sailing Income
Baf / Kitchen
Use of Clubhouse / Slipway
Total
12,232
8,295
2,805
10,454
425
34.211
12,232
8,295
2,805
10,454
425
34,211
10,589
7,720
3,260
8.831
290
30,690
7. Other
2025
Total
2024
Total
Uniestricted
Funds £
25
Restricted
Funds £
Funds £
Funds £
Sundry Income
Bank Interest
25
92
117
32
32
126
133
Total
8. Asset Sales
2025
Total
2024
Tot81
Unrestricted
Funds £
Restricted
Funds £
Funds £
Funds £
Wayfarer Dinghv
200
Total
200
19of21

Holy Loch Sailingciub SCIO
Report and Accounts forthe Period en(Jing 31st December 2025
9. Trading
2025
2024
Unrestricted
Fun¢Js £
Restricted
Funds £
Total
Funds £
Total
Funds £
1,629
362
Goods for resale
Prizes
453
453
Total
637
637
1,991
10. Charitable Activities
2025
Total
2024
Total
Unrestricted
Funds £
Restricted
Funds È
Funds £
6,584
70
4,234
1,199
195
259
2,410
685
1.311
288
430
414
1.078
Funds £
7,068
70
3,490
934
132
235
1.719
510
945
257
482
638
91
26
Kltchen/ Bar
Licenses
Insurance
Energy
Water rates
Broadband
Repairs and Renewals
Subscriptions
Cleaning, Gardenin& and Waste
Financial Charges
IT char8es, Website
Fuel
Service and Repairs IBoats}
Travel and Substance
Advertising and Entertainment
Postage and Stationery
Training
Others
6.584
70
4,234
1,199
195
259
2.410
685
1,311
288
430
414
1,078
14
503
14
503
427
238
652
1.006
20.680
1,006
20,680
Total
17,914
20of21

Holy Loch Sailingciub SCIO
Report and Accountsforthe Period ending 31" December 2025
11. Governance, Legal Fees
2025
Total
2024
Total
Unrestricted
Funds £
Restricted
Funds£
Funds £
Funds£
Legal Fees
Governance
Digital survey
4,369
600
822
1.422
600
822
1,422
Total
4,369
12. Fixed Assets
2025
Total
2024
Total
Unrestricte'd
Funds £
Restrictéd
Funds £
Funds £
Funds £
336
599
Pressure Washer
Video confereftcin8
Topper dinghies
Security Cameras
Skiff Build IWIPI
Laptops
Vacuum Cleaner
Tractor
ioi
190
3,142
1,277
155
ioi
190
3.142
1,277
155
Total
4,865
4,865
935
13. Related Party Transactions
There were no Trustee expenses, remuneratlon. or other benefits paid for the period ended 31st
December 2025.
There were no other related party transactions during the period.
21of21