REGISTERED COMPANY NUMBER: SC264341 (Scotland)

REGISTERED CHARITY NUMBER: SC035896

Report of the Trustees and

Unaudited Financial Statements For The Year Ended 31 March 2025

for

ReBoot (Moray Computer Recycling)

Page

Report of the Trustees

1

to

5

Independent Examiner's Report

6

Statement of Financial Activities

7

Balance Sheet

8

to

9

Notes to the Financial Statements

10

to

16

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 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

Objectives and aims

The purpose of the charity is to take redundant IT equipment and either refurbish it to provide quality computer systems to groups or individuals who would otherwise be excluded from these items or, where re-use is not possible, to ensure that times are recycled in the most environmentally friendly way possible.

The charity has the power to invest surplus funds as it believes appropriate.

The charity has a volunteer workforce of around 46 people of varying backgrounds and employment status. They assist in the collection, assessment, refurbishment and recycling of all IT equipment that is received for processing.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

ReBOOT (Moray Computer Recycling), through its trading subsidiary ReBOOT Trading (Moray) Ltd, delivers a range of impactful services to the Moray community. These include environmentally responsible IT recycling, sales of refurbished IT equipment, computer repairs and upgrades, and secure hard drive data sanitisation and destruction.

As a wholly owned subsidiary, ReBOOT Trading (Moray) Ltd exists to generate income in support of our charitable aims. All profits are returned to the Charity, enabling us to provide essential services such as volunteering placements, digital inclusion initiatives, and training opportunities for those most in need.

Key Achievements Over the Financial Year

IT Equipment Processing

We received and processed a total of 26,583 units of IT equipment, equating to approximately 104.6 tonnes diverted from landfill.

Our skilled team identifies items suitable for reuse and refurbishment, maximising reuse wherever possible.

Equipment that is not suitable for reuse is responsibly disposed of in full compliance with Waste Electrical and Electronic Equipment (WEEE) regulations.

Volunteering and Inclusion

The organisation benefited from 5,382 hours of voluntary support from local community members.

We provided 46 volunteering placements, supporting a range of roles including Directors, Drivers, and Workshop Assistants.

We continue to make volunteering accessible and meaningful, supporting people with diverse needs and backgrounds. Notably, 10 placements were tailored for individuals requiring additional support, helping them build confidence, routine, and workplace skills.

Donations and Digital Inclusion

We donated a total of 181 devices to 97 individuals and organisations, helping to reduce digital poverty in the area.

Partnerships and collaborations with Moray Council, DWP, Enable, Salvation Army, and others, supported by tsiMoray and the Moray Local Action Group, allowed us to respond directly to referrals from individuals and families unable to afford devices.

Donations were also made to other local charities and social enterprises, enabling them to deliver services more effectively.

Education, Insight and Learning

Through engagement with Developing the Young Workforce (DYW) Moray, local schools, and Moray Council's Pathways programme, we hosted over 100 young people for tours and taster sessions, offering insight into careers in IT reuse and environmental sustainability.

In partnership with the Social Enterprise Academy, we delivered learning programmes focused on mental health, wellbeing, and employability, supporting participants to build skills and confidence.

Community and Development Initiatives

Royal Garden Party: We were honoured to have two of our volunteers invited to the King's Garden Party at the Palace of Holyroodhouse in Edinburgh-an exceptional recognition of their dedication.

Business Planning: With support from Highlands and Islands Enterprise (HIE), we completed a comprehensive 3-year business plan, providing a clear and sustainable roadmap for future growth.

Towards Net Zero: With the support of Moray Climate Action Network (Moray CAN), we made significant steps towards reducing our environmental footprint, including:

Upgrading our facility with LED lighting.

Installing infrared heating in our workshop areas.

Security and Connectivity Upgrades:

We installed modern CCTV systems in our sales area to improve safety and asset protection.

Migrated to an IP-based phone system running on full fibre broadband, improving both internal communications and customer service.

Plans for the Future

Website Refresh

We will undertake a full redesign of our website to improve user experience, better communicate our mission, and make it easier for customers, donors, and partners to engage with our services.

Service Expansion

Seek funding applications to support:

Expansion of our repair services, including additional workshop space and specialist equipment.

Growth in our refurbishment capabilities, enabling us to serve more people and process greater volumes of equipment.

Community Donations

We aim to expand our donation programme in the coming year, reaching more individuals and families facing digital exclusion, and offering greater support to local schools, charities, and social enterprises.

Volunteer Development

Funding is being sought to develop a structured, supportive volunteer programme, mentoring, and progression pathways. Our goal is to support more individuals-particularly those facing barriers to employment-into meaningful work and learning, whilst continuing to stay open to all members of the local community.

Infrastructure Improvements

We plan to undertake key building upgrades, including:

Replacement of aging external doors to improve security and energy efficiency.

Ongoing improvements to accessibility, workshop layout, and safety features.

Through these initiatives, ReBOOT remains steadfast in its commitment to:

Environmental sustainability

Digital inclusion

Community empowerment

Vibrant volunteering opportunities

We are proud of our progress and look forward to building on this foundation in the year ahead.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Organisational structure

ReBOOT (Moray Computer Recycling) is a recognised charity, number SC035896. It is a company limited by guarantee, not having a share capital and is governed by the rules set out in its Memorandum and Articles of Association.

The manager and existing trustees generally identify potential new trustees through networking events, word of mouth and local knowledge. Other avenues used to identify new people are through our memberships of such organisations as TSi Moray, SCVO and CRNS.

When a potential trustee is identified, they are approached by the manager, and invited to visit the premises in Forres. The Manager gives them an insight into ReBOOT and invites them to ask any questions. If the individual's interested in being a trustee they must fill in a nomination form which is submitted to the Board of Directors for approval. Upon approval the individual is asked to fill in a volunteer application and membership form. They would then be invited to the next meeting of trustees.

The trustees have assessed the major risks to which the charity is exposed. The trustees have identified that financial stability is the major risk facing the charity and have put in place contingencies for funding the charity in the future.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

SC264341 (Scotland)

Registered Charity number

SC035896

Registered office

9 Greshop Road

Greshop Industrial Estate

Forres

Moray

IV36 2GU

Trustees

Ms Eileen Veronica Bush

Ms Catherine Anne McAllister

Ms Kirstie Wallace

Mr Stuart Fawcett (resigned 10.2.25)

Mr Glyn Morris

Mr Joseph Farrell (appointed 24.4.24)

Company Secretary

Mr Lee Adam Kevin McGrath

Independent Examiner

Alan Long FCA

The Long Partnership

4 North Guildry Street

Elgin

Moray

IV30 1JR

Bankers

The Royal Bank of Scotland

209 High Street

Elgin

Moray

IV30 1DL

Approved by order of the board of trustees on 30 September 2025 and signed on its behalf by:

Ms Eileen Veronica Bush - Trustee

I report on the accounts for the year ended 31 March 2025 set out on pages seven to sixteen.

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.

Alan Long FCA

The Institute of Chartered Accountants in England and Wales

The Long Partnership

4 North Guildry Street

Elgin

Moray

IV30 1JR

30 September 2025

31.3.25

31.3.24

Unrestricted

Restricted

Total

Total

fund

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

66,915

20,131

87,046

68,395

Charitable activities

General

-

-

-

100

Investment income

2

43

-

43

60

Total

66,958

20,131

87,089

68,555

EXPENDITURE ON

Charitable activities

General

66,093

21,298

87,391

81,502

NET INCOME/(EXPENDITURE)

865

(1,167

)

(302

)

(12,947

)

RECONCILIATION OF FUNDS

Total funds brought forward

38,845

2,208

41,053

54,000

TOTAL FUNDS CARRIED FORWARD

39,710

1,041

40,751

41,053

31.3.25

31.3.24

Unrestricted

Restricted

Total

Total

fund

funds

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

7

4,776

-

4,776

6,368

Social investments

8

1

-

1

1

4,777

-

4,777

6,369

CURRENT ASSETS

Debtors

9

36,777

580

37,357

35,947

Cash at bank and in hand

2,406

713

3,119

3,465

39,183

1,293

40,476

39,412

CREDITORS

Amounts falling due within one year

10

(4,250

)

(252

)

(4,502

)

(4,728

)

NET CURRENT ASSETS

34,933

1,041

35,974

34,684

TOTAL ASSETS LESS CURRENT LIABILITIES

39,710

1,041

40,751

41,053

NET ASSETS

39,710

1,041

40,751

41,053

FUNDS

12

Unrestricted funds

39,710

38,845

Restricted funds

1,041

2,208

TOTAL FUNDS

40,751

41,053

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 30 September 2025 and were signed on its behalf by:

Ms Eileen Veronica Bush - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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.

Plant and machinery

-

25% on reducing balance

Taxation

The charity is exempt from corporation 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.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2.	INVESTMENT INCOME

31.3.25

31.3.24

£

£

Deposit account interest

43

60

3.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.3.25

31.3.24

£

£

Depreciation - owned assets

1,592

2,123

4.	TRUSTEES' REMUNERATION AND BENEFITS

No trustees received remuneration of £60,000 or more in 2025 or 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

5.	STAFF COSTS

The average monthly number of employees during the year was as follows:

31.3.25

31.3.24

Employees

6

6

No employees received emoluments in excess of £60,000.

6.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

fund

funds

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

49,493

18,902

68,395

Charitable activities

General

100

-

100

Investment income

60

-

60

Total

49,653

18,902

68,555

EXPENDITURE ON

Charitable activities

General

62,834

18,668

81,502

NET INCOME/(EXPENDITURE)

(13,181

)

234

(12,947

)

RECONCILIATION OF FUNDS

Total funds brought forward

52,026

1,974

54,000

TOTAL FUNDS CARRIED FORWARD

38,845

2,208

41,053

7.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 April 2024 and 31 March 2025

28,944

DEPRECIATION

At 1 April 2024

22,576

Charge for year

1,592

At 31 March 2025

24,168

NET BOOK VALUE

At 31 March 2025

4,776

At 31 March 2024

6,368

8.	SOCIAL INVESTMENTS

Other

investments

£

MARKET VALUE

At 1 April 2024 and 31 March 2025

1

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

9.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1,125

1,185

Other debtors

198

328

ReBoot Trading

36,034

34,434

37,357

35,947

10.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

968

715

Social security and other taxes

1,690

1,421

Wages and salaries

25

23

Other creditors

334

784

Accrued expenses

1,485

1,785

4,502

4,728

11.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Within one year

7,740

7,740

12.	MOVEMENT IN FUNDS

Net

movement

At

At 1.4.24

in funds

31.3.25

£

£

£

Unrestricted funds

General fund

38,845

865

39,710

Restricted funds

Garden fund

950

(263

)

687

Funded posts

1,258

(930

)

328

Moray CAN

-

26

26

2,208

(1,167

)

1,041

TOTAL FUNDS

41,053

(302

)

40,751

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

66,958

(66,093

)

865

Restricted funds

Garden fund

-

(263

)

(263

)

Funded posts

18,844

(19,774

)

(930

)

Moray CAN

1,287

(1,261

)

26

20,131

(21,298

)

(1,167

)

TOTAL FUNDS

87,089

(87,391

)

(302

)

Comparatives for movement in funds

Net

movement

At

At 1.4.23

in funds

31.3.24

£

£

£

Unrestricted funds

General fund

52,026

(13,181

)

38,845

Restricted funds

Garden fund

1,974

(1,024

)

950

Funded posts

-

1,258

1,258

1,974

234

2,208

TOTAL FUNDS

54,000

(12,947

)

41,053

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

49,653

(62,834

)

(13,181

)

Restricted funds

Garden fund

-

(1,024

)

(1,024

)

Funded posts

18,902

(17,644

)

1,258

18,902

(18,668

)

234

TOTAL FUNDS

68,555

(81,502

)

(12,947

)

A current year 12 months and prior year 12 months combined position is as follows:

Net

movement

At

At 1.4.23

in funds

31.3.25

£

£

£

Unrestricted funds

General fund

52,026

(12,316

)

39,710

Restricted funds

Garden fund

1,974

(1,287

)

687

Funded posts

-

328

328

Moray CAN

-

26

26

1,974

(933

)

1,041

TOTAL FUNDS

54,000

(13,249

)

40,751

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

116,611

(128,927

)

(12,316

)

Restricted funds

Garden fund

-

(1,287

)

(1,287

)

Funded posts

37,746

(37,418

)

328

Moray CAN

1,287

(1,261

)

26

39,033

(39,966

)

(933

)

TOTAL FUNDS

155,644

(168,893

)

(13,249

)

13.	RELATED PARTY DISCLOSURES

ReBOOT Trading (Moray) Ltd is a wholly owned subsidiary of ReBOOT (Moray Computer Recycling).

As at 31 March 2024 and 31 March 2025 the trading company owed the charity £10,784. This loan is interest free and there are no fixed terms of repayment.

At 31 March 2025 the trading company owed the charity £25,250 in respect of donations due (2024 £23,650).

The charity provided services amounting to £1,819 (2024 £1,735) to the trading company and the charity received services from the trading company amounting to £6,493 (2024 £4,959).

14.	INVESTMENT IN SUBSIDIARY

The charity's subsidiary undertaking at 31 March 2025 was ReBOOT Trading (Moray) Limited a company registered in Scotland having its registered office at 9 Greshop Road, Greshop Industrial Estate, Forres, Moray, IV36 2GU. The charity owns 100% of the issued share capital of the company.The following information has been extracted from the financial statements of ReBOOT Trading (Moray) Limited as at 31 March 2025:

£

Turnover

130,566

Government grants received

31,813

Cost of sales

58,784

Administrative expenses

28,204

Donations to ReBoot (Moray Computer Recycling)

66,500

Profit for the year

286

Assets

60,527

Liabilities

60,485

Shareholder funds

42

The investment in the subsidiary company, which is an unlisted investment, is stated at the trustees valuation based on the financial statements of the subsidiary company.