Annual report & accounts 2025-26
Organisation
Financial accounts
The following is an extract from Cycling Scotland’s statutory accounts which include the unqualified Independent Auditors' Report and Directors' Report. The accounts can be obtained from the Company Secretary.
Statement of Financial Activities for the year ended 31 March 2026
Including Consolidated Income and Expenditure Account
| Unrestricted Funds - General (£) | Unrestricted Funds - Designated (£) | Restricted Funds (£) | 2026 Total (£) | 2025 Total (£) | |
|---|---|---|---|---|---|
| Income and endowments from: | |||||
| Donations and legacies | |||||
| Gifts and Donations | 300 | - | - | 300 | 10,310 |
| Voluntary Income | - | - | - | - | - |
| Charitable Activities | |||||
| Scottish Government Grant | 2,514,700 | - | - | 2,514,700 | 2,200,000 |
| RTP funding | 1,370,918 | - | - | 1,370,918 | 3,214,487 |
| Local Authority Grant | - | - | - | - | - |
| Education and consultancy | 29,339 | - | 21,666 | 51,005 | 56,720 |
| Marketing and event income | - | 26,248 | - | 26,248 | 24,778 |
| Other charitable income | - | - | - | - | 21,124 |
| Other Trading Activities | |||||
| Trading Income | 344,421 | - | - | 344,421 | 335,799 |
| Investments | |||||
| Bank interest | 5,620 | - | 69 | 5,689 | 11,726 |
| Total income and endowments | 4,265,298 | 26,248 | 21,735 | 4,313,281 | 5,874,944 |
| Expenditure on: | |||||
| Charitable activities | 4,243,769 | 22,227 | 24,279 | 4,290,275 | 5,796,926 |
| Other | 1,880 | - | - | 1,880 | 3,064 |
| Total expenditure | 4,245,649 | 22,227 | 24,279 | 4,292,155 | 5,799,990 |
| Net income/(expenditure) | 19,649 | 4,021 | (2,544) | 21,126 | 74,954 |
| Transfers | - | - | - | - | - |
| Balance brought forward | 875,354 | 104,560 | 53,486 | 1,033,400 | 958,446 |
| Closing balance at 31 March 2026 | 895,003 | 108,581 | 50,942 | 1,054,526 | 1,033,400 |
| Comprising:- | |||||
| Unrestricted Funds | |||||
| General | 895,003 | - | - | 895,003 | 875,354 |
| Designated Funds | |||||
| Cycling Scotland Conference | - | 13,993 | - | 13,993 | 9,972 |
| Pension Reserve | - | 94,588 | - | 94,588 | 94,588 |
| Restricted Funds | |||||
| Pedal for Scotland Fund | - | - | 43,818 | 43,818 | 49,949 |
| Play on Pedals | - | - | 7,124 | 7,124 | 3,537 |
| 895,003 | 108,581 | 50,942 | 1,054,526 | 1,033,400 |
Consolidated balance sheet at 31 March 2026
| 2026 | 2025 | |||
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Current assets | ||||
| Debtors | 347,572 | 791,233 | ||
| Cash at bank and in hand | 1,069,446 | 832,396 | ||
| Total | 1,417,018 | 1,623,629 | ||
| Creditors: Amounts falling due within one year | 361,492 | 582,454 | ||
| Net Current Assets | 1,055,526 | 1,041,175 | ||
| Provision for liabilities | 1,000 | 7,775 | ||
| Net Assets | 1,054,526 | 1,033,400 | ||
| The funds of the charity | ||||
| Unrestricted Funds | ||||
| General fund | 895,003 | 875,354 | ||
| Designated Funds | 108,581 | 104,560 | ||
| Restricted Funds | 50,942 | 53,486 | ||
| Total charity funds | 1,054,526 | 1,033,400 |