REGISTERED COMPANY MJMBER: SC826375 (ScotlAlld) REGISTERED CHARITY NUMBER: SC054396 Report of the Tnlee8 aDd Uknaudited Financial Ststements for the Peiiod 20 October 2024 to 31 March 2026 for Disco Buddies Ltd (A Company Limited by Guaratstee) Stevenson & Kyles Chartered Accountants 25 Sandyford Place Glasgow 37NG
DIS Buddies IAd Contellts of the FiDaDcial Statements for the Period 20 October 2024 tt• 31 March 2026 Page Reference aDd Admini8lrxtive DelaiLq Report of the Trnstees 2 t() 3 Indep¢lld¢nt Examiner's Report Statement of Financial Acttvibes Balance Sheet 6 to 7 Noles ¢0 the Fimgncial Stateme•ts to 12
e0 Buddies Ltd Reference and AdmiDistr2tive Detsils for the Period 20 October 2024 to 31 March 2026 TRUSTEFS L Gray (appointed 20.2.25) A Gray (appoillted 20.10.24) (re5i8ned 13.7.26) A McKirdy (appointed 20.225) E (YNeill (appointed 20.225) L Spark (aptx>inted 202.25) COMPAIYY SECRETARY L McArtbuT REGISTERED OFFICE 168 Morningside Road Wishaw ML2 9QN REGISTERED COMPANY SC826375 (ScA)tland) REGISTERED CHAIUTY SC054396 INDEPEIYDENT EXAMINER SteveDson & Kyles Chartered Accountants 25 Sandyford Place Glasgow G3 7NG Pagc I
Disco Buddiu Ltd (Registered number. SC826375) Report of the Trustees for the Period 20 October 2024 10 31 March 2026 The trustee5 who ar¢ also diTector5 of the charity for the purposes of the Companies Act 2006> present their Teport with the financial statements of the charity foT the peTiod 20 October 2024 to 31 March 2026. The trustees have adopted the provisions of Accounting and Re)rtIllg by Charitie5.' Stsianent of Recollllnended Practice applicabl¢ to charities preparlng their accou[ in accordance with the Financial Reporting Standard applicable iti the UK and Republic of Ireland {FRS 102) (effective l January 2019). INCORPORATION The charitabl¢ wmpany was incorpordted on 20 October 2024 and comJlleDced trnding on 6 January 2025. OWECTIVES AND AcfiviTIES Objectives aud aims Disco Buddies exists to rcduce social isolation by improving wellbeing througb providing safe, inclusive. w¢l¢oming fully accessible social opportunities for adults with disabilities. additiona] supw)rt needs, older people and others expcriencing loneliness across Lanarkshire. Throughout 2025, the charity deliv¢r¢d a programme of regular Community disco session4 Sensory sessions. se&8onal celebrations and opportunities for car¢TS to meet aDd support one another. These activities eaabled participaDts and their carcrs to build lasting fri¢Ddships. in¢ confidence and self-estccm. and enjoy meaningful social interaction in a supportive environmerAt where they felt valued and accepted. During the year, Disco Buddie5 successfully expanded its reach by establi5hiDg a new weekly disco session in East Kilbrid4 extending the charitys support to a wider communtty and responding to growing dcmaDd for accessibl¢ 51Kial opportunities. Fingucial review The charity continued tr> fulfil its cbaritable objectives through a combination of grant fidillg? doJJations and community fundraising activities. Thc TrLLStees maintained caTeful oversigbt of iDcome and expenditure. ensuring that resources were applicd efficiently and directly to the delivery of the charityls aims. Appropriate reser¥es w¢ maintained to safeguard the continuity of services and to suptM)rt the long-terni sustainability and future development of the or8anisation. InmIng resour totaIled £82J78 and resulted in a deficit fi)r the period of £4.202. Going ¢oncerD The financial statements have prepared on a going concern basis after consideration of the futUTe prospects, expected income from funders. and available Teserves to support its activities. FUTURE PLANS Looking ahead. Disco Buddies will continue to develop and enh8nce its illclusive programn, strengthen paiknerships with local organisatsons and pursue sustainable sources of income to ensure that people across IAnarkshire can continue to access opwrtunities for friendship. ntIOn and wellbeing. In the coming year. the charity intends to expand into a further area of North tanarkshire by introducing a new community activity session, building on the su¢c¢ss of its cxi5ting rnice5 and responding to identificd local nccd. Pag¢ 2
Biidilio iA Repthrt Iifthc Tru%t(L ror ihl Piri(Ml ?0 (kiobcr 20?4 10 31 Marcli 71126 STRLFrfiiRE. ruN EBTraANCE.4ND mAN.GEIE[ I-IIL charitablc coiiipaTri. iiluch bccthi)c a r(xogni5l thutih- in from 10 Juli. 202): 15 FcgislcKd as a Lliavilablc eompanx" liniilcd kn" SUaleC, and il'as t up . a MrynordndiEm of Asso¢iatson on 211 (kiobcr Dts".lo-da%' oiKraisons arc lcd h. Ihc Chrf EvcutsiE McArfhur: pported b). Ami Grai., Manasr¢r. and Parila O'Ncill. Coordiiiator. The Board c<)mprLSLS Lc5 Gm. (Ch(). AndTttii Mckird). Ivicc ChaiTX Eli7bcdi OYc*ll I1 Spwk (fnJ51ce). Mtc TnJsicc5 ntctt 8[arIV lo dcienJin¢ s¢gi¢ direciioii: iiionilor TKrfoniiancc. eTh9] sound f&[al mallagenl¢l and Up[ld thc highcsl 5tai)dards ofbvoicmanL¢ ond (l1&bill[ •lpproicd bl" order anl of trust8 16 Juli. 2U26 alld sIgl on its b¢hdfbK"' LGra -"rrUte
Independent knminer's Report to the Tntee5 ol Disco Buddi&% Ltd I report on the accounts for the period 20 October 2024 to 31 M8reh 2026 set out on pages five to tw¢lv¢. RpeCtive re$poDsibilities of trustees and examiner The charity's tnL8tees a responsible for the pr¢parntion of the accounts in acwrdanc¢ with the tenn5 of thc Charities and Trust¢¢ Investment (Scotland) Act 2005 aDd the Charities Accounts {S¢oiland) Regulations 2006 (as amendcd). The charitys trusle¢s Consider that the audit requirement of R¢gulatioD 10(IXa) to (c) of the Accounts Regulations does not apply. It is my re5PODsibility to examine the accounts as required under Section 44( IXC) of the Act and to state whether particular matters have come to my attentio Basis of the findependenl examiner's report My examination was carried out in accordan¢e with Regulation I l of the ChaTitie5 Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the a¢¢ounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you &s Irustees concerning any such matters. The procedures undertaken do not provide all th¢ ¢viden¢e that would be required in an audiL and consequently I do not express an audit opinion on the view given by the accoun Independent eMIner'S statement In Connection with my CLn]natiOn, no matter bas come to my attention . (l) which gives me reasonable cause to IKlieve thaL in any n)at¢rial Te5pecL th¢ requirements to keep accounting records in ae£ordao¢e with Section 44(IXa) of the 2005 Act and Regulation 4 of the 2006 A¢wunt5 Regulations. and to PTep8ff a¢counts which accord wtth the a¢wunting 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 ble a proper ujiderstanding of the accounts to bc reached. Amardeep Kalsi CA The Institutc of Chartered AUlltaNts of Scotland Steven50n & Kyl¢s Chartered Accounlallts 25 Sandyford Place Glasgow G3 7NG 16 July 2026 Page 4
DIS Buddies Ltd Statement of FiDaD¢iai A¢¢ivities for the Period 20 October 2024 10 31 March 21f26 UDr¢stricted Restricted fund fiEnds Total funds Notes INCOME AND EI¥DOWMENfs FROM Donations and legacies 5.724 5.724 Charitable activities ColluDunity group 76,654 76,654 Total 82J78 82.378 EXPENDITURE ON Cbaritable Ydctivities Community group 86.580 86.580 NET INCOMEI(EXPENDITURE) (4202) (4.202) TOTAL FUNDS CARRIED FORWARD (4202) (4,202) The notes fom part of these financial statements Page 5
Diseo Buddic8 Lld (Regi8tered ttumber. SC826375) Balance Sheet 31 March 2026 Unrestrictcd Rcstrlcted fund fillids Totsl funds Notes FIXED A&SETS Tangible assets 1,442 1.442 CURRENT ASSETS Cash at bank and in hand 598 49,457 50,055 CREDITORS Amounts falling due within one ye4r io {6242) (49.457) (55.699) IVET CURRENT ASSETSI(LIABILrriES) (5,644) (5,644) TOTAL ASSETS LESS CURREIYT LIABILITIES (4.202) (4.202) IYET ASSETS (4202) (4,202) FUNDS Unrestricted fimds 12 (4,202) TOTAL FUNDS (4.202) The charitsble company is entitled to exemption from audit undcr Section 477 of the Comwiies Act 2006 for the period ended 31 March 2026. The memlxrs have not required the company to obtain an audit of its financial statements for the period ended 31 March 2026 in accordaDcc with Section 476 of thc Companies Act 2006. The trustee5 acknowledge their r¢snSIbl11tltS for (a) ensuring that the ¢haritabl¢ company keeps accounting records that o)mply with Sections 386 and 387 of the Companies Act 2006 and (b) preparin¥ financial statements which give a true alld fair view of the state of affairs of the charitable company as at the end of ea¢h financial year and of its surplu5 or deficit for each r]nancial year in accordance with the requirefflents of Sections 394 and 395 and which otherwi% ¢omply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the Charitablc wmpany. Th¢ notes fom part of these fitwicia] statements Page 6 continued...
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Disco Buddie5 Lid otrs to the Financial Statsments for the Perb)d 20 October 2024 to 31 March 2026 AccouNfll¥G POLICIES Basts of preparing ihe fjDgn¢iai statements The financial statements of the charitable company. whicb is a public benefit entity under FRS 102. have been prepared in accordance with the Clwities SORP (FRS 102) 'Accounting and RetKyrtAng by Charities.. Statement of Re¢omm¢Dd¢d Practice appli¢abl¢ to CPltIeS preparing their accounts in accoTdance with the Financial Reporting Standard applicable in the UK and Republic of ITeland (FRS 102) (effective l January 2019),, Fin2nciaI Reporting Standard 102 The FiDancial Reprting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial sthtements have been preparcd undu the historical cost convention. Income All income 15 wlSed in the Statement of Financial Activities once the charity IK8 eDtitlement to the fund4 it is probable that the income will be received and the amount w b¢ MUred reliably. Expenditure Liabilities are recogniscd as expenditure as soon there is a legal 01 constructive obligation committing the charity to that expenditure. it is probable that a transfer of economic benefits will b¢ Tequired in settlement and the amount of the obligation be measured reliably. Expenditure is accounted for on art accnth]s basis and has been classified under headings that aggregate all cost Telated to the cafrgory. Where costs cannot be directly attributed to parti¢u]Ar heingS they have been allocated to activities on a basis consistent with the use of resou¢$. Tangible ed ets Deprcclation is provided * th¢ following annual rnt¢s in order to writs off eacb asset over its cstimated useful life. Plant and machinery Computer equipment 20Yo on cost 33.330/0 on cost The charitable company I8 a pItali}0n wylicy of £l.(X)O. The charity is exempt from wrporatioll tax on its charitable activities. Fund accounting Unrestricted funds can used in acc4>rdance with the charitsble objectives at the disuetion of the tru5tccs. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when S]ried by the donor or when funds are rdise41 for particular restricted purposes. Further explanation of the nature and pwwjse of each fund is included in the notes to the financial ststem¢nts. Pension costs and other post-retiremtnt benefjts The charitable company operatrs a dcfmed contribution pension scheme. Contributions payable to the charitable compaDYs pension scheme charged to the state¢llt of Financial Aetiviti¢s in th¢ period to which they relate. P8ge 8 ntinued...
Disco Buddies Ltd Notes to tke FiDaDcial Statements- continued for tbe Period 20 October 2024 to 31 M¥reh 2026 DONATIONS AND LEGACIES Donations 5,724 JIYCOME FROM CHARITABLE ACTIVITILS Activity Community group Community group Ticket sales 46,654 30.000 76.654 Grants received included ID the above, are as follows: Growth Pot The National Lottery Time for Me Cash4Clubs 5,000 20.000 3.000 2.000 30.000 CHARITABLE ACTIVITIES COSTS Support costs (see note 5) Direct Costs Totals Communty group 83,201 3.379 86,580 SUPPORT COSTS Finance costs Totsis Community group 139 3,240 3,379 Page 9 continued...
Di0 Buddies Ltd Iyotes to the FiDall¢ial StstemeDts- continued for tbe Period 20 October 2(ll4 to 31 Marcb 2026 NET INCOMEI(EXPEI¥DITURE) Net incomel(expenditure) is stated after char8inW(¢r¢diting)". Ind. examiner remuneratson Depreciation - owned assets 3.240 728 TRUSTEES, REMUNERATION AND BENEFITS During the period total remuDeration of £IO.000 w&8 paid to a director. The intention was for this director to resign on 20 February 2025. however due to admintstrative oversighL this was not updated on ttme. At thc datc of approval of thesc accounts the Board are actively rectifying the matter and believe there is no breach of the cbaritable compally's M¢morandum of As50ciatxon. Trus¢e¢s' expenses During the period a total of £144 reimbursed to I trustee. STAFF COSTS The average monthly numlKr of employees during the peri(Kl was as follows". Management & Administration No employees Teceived emoluments in excess of £60.0(KJ. TANGIBLE FIXED ASSETS Plant and Computer ma¢hin¢ry equipment Totals COST Additions 1.000 1.170 2,170 DEPRECIATION Charge for year 247 481 728 NET BOOK VALUE At 31 March 2026 753 689 1.442 Page 10 continued...
Disco Buddies Ltd Notes ts the Fi¥¢1 Ststements- continued for the Period 20 October 2024 to 31 Marth 2026 10. CREDITORS: AMouNfs FALLll¥G wrriiiF4 ONE YEAR Bank loan5 and overdrafts (see note I l) So¢ial secuTity and other taxcs Accruals and deferred income 2.447 1,046 52206 55.699 11. LOANS An analysis of the maturity of loans is given below: Amounls falling due within one year on dettwld: Bank overdrafts 2,447 12. MOVEMENT IN FUNDS Net movement in funds At 31.3.26 Unrestricted funds General fund (4202) (4,202) TOTAL FUIWS (4,202) (4.202) Net movement in fund& ]luded ID the above are as follows: Incomlng resources Resources expended Movement in ftwds Unrestricted funds Gen¢rnt fiilld 81378 (86,580) (4.202) TOTAL FUNDS 82.378 (86,580) (4.202) Page 11 contiDUCd...
Buddies Ltd Notes to the Financial StatemeDts- tilled for the Period 20 October 2024 10 31 Mar¢b 2026 13. RELATED PARTY DISCLOSURES There were no related party transactions for the period ended 31 Marth 2026. 14. DESCRIPTION OF FiTNDS General The generdl fimd is for th¢ operdtion of core service5 set out ill the objtiVes. Pagc 12