Companies House SC554497 2026-01-31 2026-01-31 2025-02-01 false iso4217:GBP xbrli:pure SC554497 2024-02-01 2025-01-31 SC554497 2026-01-31 SC554497 2025-02-01 2026-01-31 SC554497 2025-01-31 SC554497 curr:PoundSterling 2025-02-01 2026-01-31 SC554497 uk-bus:CompanyLimitedByGuarantee 2025-02-01 2026-01-31 SC554497 uk-bus:FRS102 2025-02-01 2026-01-31 SC554497 uk-bus:AuditExempt-NoAccountantsReport 2025-02-01 2026-01-31 SC554497 uk-bus:FullAccounts 2025-02-01 2026-01-31 SC554497 uk-bus:RegisteredOffice 2025-02-01 2026-01-31 SC554497 uk-bus:Director1 2025-02-01 2026-01-31 SC554497 uk-bus:Director2 2025-02-01 2026-01-31 SC554497 uk-bus:Director3 2025-02-01 2026-01-31 SC554497 uk-bus:Director4 2025-02-01 2026-01-31 SC554497 uk-bus:Director5 2025-02-01 2026-01-31 SC554497 uk-bus:Director6 2025-02-01 2026-01-31 SC554497 uk-bus:Director7 2025-02-01 2026-01-31 SC554497 uk-bus:Director8 2025-02-01 2026-01-31 SC554497 uk-bus:Director9 2025-02-01 2026-01-31 SC554497 uk-bus:Director10 2025-02-01 2026-01-31 SC554497 uk-bus:Director11 2025-02-01 2026-01-31 SC554497 uk-bus:Director12 2025-02-01 2026-01-31 SC554497 uk-bus:Director13 2025-02-01 2026-01-31 SC554497 uk-bus:Director14 2025-02-01 2026-01-31 SC554497 uk-bus:Director15 2025-02-01 2026-01-31 SC554497 uk-bus:Director16 2025-02-01 2026-01-31 SC554497 uk-bus:Director17 2025-02-01 2026-01-31 SC554497 uk-bus:Director18 2025-02-01 2026-01-31 SC554497 uk-bus:Director19 2025-02-01 2026-01-31 SC554497 uk-bus:Director20 2025-02-01 2026-01-31 SC554497 uk-bus:Director21 2025-02-01 2026-01-31 SC554497 uk-bus:CompanySecretary1 2025-02-01 2026-01-31 SC554497 core:AfterOneYear 2026-01-31 SC554497 core:AfterOneYear 2025-01-31 SC554497 core:WithinOneYear 2026-01-31 SC554497 core:WithinOneYear 2025-01-31 SC554497 core:WithinOneYear 2025-02-01 2026-01-31 SC554497 core:AfterOneYear 2026-01-31 SC554497 core:AfterOneYear 2025-01-31 SC554497 core:AfterOneYear 2025-02-01 2026-01-31 SC554497 core:ShareCapital 2026-01-31 SC554497 core:ShareCapital 2025-01-31 SC554497 core:SharePremium 2026-01-31 SC554497 core:SharePremium 2025-01-31 SC554497 core:OtherReservesSubtotal 2026-01-31 SC554497 core:OtherReservesSubtotal 2025-01-31 SC554497 core:RevaluationReserve 2026-01-31 SC554497 core:RevaluationReserve 2025-01-31 SC554497 core:RetainedEarningsAccumulatedLosses 2026-01-31 SC554497 core:RetainedEarningsAccumulatedLosses 2025-01-31 SC554497 1 2025-02-01 2026-01-31 SC554497 2 2025-02-01 2026-01-31 SC554497 3 2025-02-01 2026-01-31 SC554497 core:LandBuildings 2025-02-01 2026-01-31 SC554497 core:LandBuildings 2026-01-31 SC554497 core:LandBuildings 2024-02-01 2025-01-31 SC554497 core:LandBuildings 2025-01-31 SC554497 core:PlantMachinery 2025-02-01 2026-01-31 SC554497 core:PlantMachinery 2026-01-31 SC554497 core:PlantMachinery 2024-02-01 2025-01-31 SC554497 core:PlantMachinery 2025-01-31 SC554497 core:FurnitureFittingsToolsEquipment 2025-02-01 2026-01-31 SC554497 core:FurnitureFittingsToolsEquipment 2026-01-31 SC554497 core:FurnitureFittingsToolsEquipment 2024-02-01 2025-01-31 SC554497 core:FurnitureFittingsToolsEquipment 2025-01-31 SC554497 core:OfficeEquipment 2025-02-01 2026-01-31 SC554497 core:OfficeEquipment 2026-01-31 SC554497 core:OfficeEquipment 2024-02-01 2025-01-31 SC554497 core:OfficeEquipment 2025-01-31 SC554497 core:Vehicles 2025-02-01 2026-01-31 SC554497 core:Vehicles 2026-01-31 SC554497 core:Vehicles 2024-02-01 2025-01-31 SC554497 core:Vehicles 2025-01-31 SC554497 core:NetGoodwill 2025-02-01 2026-01-31 SC554497 core:NetGoodwill 2026-01-31 SC554497 core:NetGoodwill 2024-02-01 2025-01-31 SC554497 core:NetGoodwill 2025-01-31 SC554497 core:IntangibleAssetsOtherThanGoodwill 2025-02-01 2026-01-31 SC554497 core:IntangibleAssetsOtherThanGoodwill 2026-01-31 SC554497 core:IntangibleAssetsOtherThanGoodwill 2024-02-01 2025-01-31 SC554497 core:IntangibleAssetsOtherThanGoodwill 2025-01-31

# DRIMNIN COMMUNITY BROADBAND C.I.C.

## Company limited by guarantee

## Company Registration Number:
SC554497 (Scotland)

## Unaudited statutory accounts for the year ended 31 January 2026

## Period of accounts

## Start date: 1 February 2025

## End date: 31 January 2026

# DRIMNIN COMMUNITY BROADBAND C.I.C.

## Contents of the Financial Statements

for the Period Ended 31 January 2026

Directors report |
Profit and loss |
Balance sheet |
Additional notes |
Balance sheet notes |
Community Interest Report |

# DRIMNIN COMMUNITY BROADBAND C.I.C.

Directors' report period ended 31 January 2026

The directors present their report with the financial statements of the company for the period ended 31 January 2026

Principal activities of the company

The principal activity of the company during the year was provision of a broadband service for the community of Drimnin and some properties on the Morvern peninsula outwith Drimnin as well as a limited number on Mull.

Additional information

Main Risks The directors have identified two main risks to the business. Failure of equipment from weather events or breakdown could lead to substantial unexpected costs. The company has purchased insurance against weather events and is putting in place significant mitigation measures with the aim of reducing the impact of equipment failures. The company’s ability to obtain new customers is very limited. A significant number of our existing customers cancelling their contracts during 2026 could result in the company being unable to continue in the medium term. During 2026, the Company is implementing a risk mitigation plan which will address many of its most significant operating risks, thus improving the resilience of its service with the aim of reducing the tendency of customers to cancel contracts. Significant changes to our operating model have allowed prices to be reduced to a more competitive level. Going Concern The directors are satisfied that the company is a going concern. In taking this view, the directors have taken the following into account: there are no outstanding capital expenditure commitments; the number of customers contracted is sufficient to support the service; the company holds significant cash reserves to meet contractual commitments if an unexpectedly large number of customers discontinue payments or to meet a short term revenue shortfall.

Directors

The directors shown below have held office during the whole of the period from
1 February 2025 to 31 January 2026

R. David Campbell
Clive R Edwardes
Michael B Foulis
B Colin Kupris
Rhonda Newsham
Annabel B Thomas

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
27 July 2026

And signed on behalf of the board by:
Name: R. David Campbell
Status: Director

# DRIMNIN COMMUNITY BROADBAND C.I.C.

## Profit And Loss Account

for the Period Ended 31 January 2026

| 2026 | 2025
--- | --- | ---
| £ | £
Turnover: | 30,560 | 31,030
Cost of sales: | ( 19,839 ) | ( 20,129 )
Gross profit(or loss): | 10,721 | 10,901
Distribution costs: | 0 | 0
Administrative expenses: | ( 2,156 ) | ( 2,701 )
Operating profit(or loss): | 8,565 | 8,200
Profit(or loss) before tax: | 8,565 | 8,200
Tax: | 0 | 0
Profit(or loss) for the financial year: | 8,565 | 8,200

# DRIMNIN COMMUNITY BROADBAND C.I.C.

## Balance sheet

As at 31 January 2026

| Notes | 2026 | 2025
--- | --- | --- | ---
|  | £ | £
Fixed assets
Tangible assets: | 3 | 2,455 | 27,242
Total fixed assets: |  | 2,455 | 27,242
Current assets
Debtors: | 4 | 1,037 | 3,568
Cash at bank and in hand: |  | 21,492 | 10,892
Total current assets: |  | 22,529 | 14,460
Creditors: amounts falling due within one year: | 5 | ( 5,828 ) | ( 22,752 )
Net current assets (liabilities): |  | 16,701 | (8,292)
Total assets less current liabilities: |  | 19,156 | 18,950
Creditors: amounts falling due after more than one year: | 6 | 0 | ( 5,000 )
Total net assets (liabilities): |  | 19,156 | 13,950
Members' funds
Profit and loss account: |  | 19,156 | 13,950
Total members' funds: |  | 19,156 | 13,950

The notes form part of these financial statements

# DRIMNIN COMMUNITY BROADBAND C.I.C.

## Balance sheet statements

For the year ending 31 January 2026 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 27 July 2026
and signed on behalf of the board by:

Name: R. David Campbell
Status: Director

The notes form part of these financial statements

# DRIMNIN COMMUNITY BROADBAND C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 January 2026

- ## 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover represents the fair value of consideration receivable in the ordinary course of business for services provided.

  Tangible fixed assets depreciation policy

  Depreciation is calculated to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows Masts and electronic equipment 25% of the initial cost of the asset on a straight line basis over 4 years. Residual values are taken at zero.

  Other accounting policies

  Fixed assets All fixed assets are initially recorded at cost Grants Grants received to meet operational costs are recognized as income in the year in which the corresponding operational costs are recognized. Grants received to fund the purchase of fixed assets are recognized as income to match the depreciation recognized in respect of the corresponding assets.

# DRIMNIN COMMUNITY BROADBAND C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 January 2026

- ## 2. Employees

  | 2026 | 2025
  --- | --- | ---
  Average number of employees during the period | 0 | 0

# DRIMNIN COMMUNITY BROADBAND C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 January 2026

## 3. Tangible assets

| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total
--- | --- | --- | --- | --- | --- | ---
Cost | £ | £ | £ | £ | £ | £
At 1 February 2025 |  | 27,242 |  |  |  | 27,242
Additions |  | 257 |  |  |  | 257
Disposals |  |  |  |  |  |
Revaluations |  |  |  |  |  |
Transfers |  |  |  |  |  |
At 31 January 2026 |  | 27,499 |  |  |  | 27,499
Depreciation |  |  |  |  |  |
At 1 February 2025 |  | 0 |  |  |  | 0
Charge for year |  | 25,044 |  |  |  | 25,044
On disposals |  |  |  |  |  |
Other adjustments |  |  |  |  |  |
At 31 January 2026 |  | 25,044 |  |  |  | 25,044
Net book value |  |  |  |  |  |
At 31 January 2026 |  | 2,455 |  |  |  | 2,455
At 31 January 2025 |  | 27,242 |  |  |  | 27,242

# DRIMNIN COMMUNITY BROADBAND C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 January 2026

## 4. Debtors

| 2026 | 2025
--- | --- | ---
| £ | £
Prepayments and accrued income | 1,037 | 3,568
Total | 1,037 | 3,568

# DRIMNIN COMMUNITY BROADBAND C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 January 2026

## 5. Creditors: amounts falling due within one year note

| 2026 | 2025
--- | --- | ---
| £ | £
Trade creditors | 648 | 648
Accruals and deferred income | 180 | 22,104
Other creditors | 5,000 |
Total | 5,828 | 22,752

# DRIMNIN COMMUNITY BROADBAND C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 January 2026

## 6. Creditors: amounts falling due after more than one year note

| 2026 | 2025
--- | --- | ---
| £ | £
Other creditors | 0 | 5,000
Total | 0 | 5,000

# DRIMNIN COMMUNITY BROADBAND C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 January 2026

## 7. Financial Commitments

Loans represent long term loans from Members of the company, some of whom are directors of the company, and a community body. Loans are repayable only at the option of the company. No interest is payable on these loans. The loans are shown at transaction value The loans were repaid in full on 25th February 2026 The company was under the control of the directors throughout the year. No transactions with related parties which are required to be disclosed under Financial Reporting Standard 8 were undertaken other than loans made to the company. No other financial arrangements, including credit arrangements, loan advances or guarantees have been made between the company and its directors. The company has not made any contractual financial commitments other than those disclosed with BT, Ofcom and Rapier Systems and its lease arrangements for transmitter sites. One such site is the subject of an informal agreement under which a contingent payment would be due from the company if certain circumstances were to arise. The directors consider that the possibility of such circumstances arising is extremely remote. The amount of the contingent payment would be £1,000 per annum from the date at which such circumstances arose. The company has arrangements with Scottish Sea Farms for mutual provision of services. No payments are made in relation to these services

# COMMUNITY INTEREST ANNUAL REPORT

### DRIMNIN COMMUNITY BROADBAND C.I.C.

### Company Number: SC554497 (Scotland)

### Year Ending: 31 January 2026

Company activities and impact

The company provided broadband services to the community and a limited number of others throughout the year, providing vital communication links enabling home working, education, arrangement of deliveries and social communication as more and more services move to online provision. The area served has limited affordable alternative broadband services, with only one commercial supplier. Drimnin Community Broadband maximises the access to affordable, superfast internet services for the community. Hands on, community-based support assists those less proficient with the technology. The Board began considering whether its main purpose could be met by commercial providers during the year and this analysis was completed in 2026/7. At the time of writing, the Board had already concluded in May 2026 that Drimnin Community Broadband still has a role to play in enhancing life in our target community. The Board developed a new operating model for the Company during the year and began the process of implementation. This work will continue throughout 2026. The revised operating model will lead to substantially reduced costs. As Drimnin Community Broadband operates on not-for-profit principles, the benefits of cost savings will come through in enhanced capital investment and reduced charges to our customers in 2026/27.

Consultation with stakeholders

The Stakeholders are members of the Drimnin Community and the wider Morvern Community. Consultation on service issues takes place via email through the normal course of doing business. In addition, the volunteer maintenance team provides valuable additional feedback on opinions within the community.- No additional consultation with stakeholders has taken place.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
30 July 2026

And signed on behalf of the board by:
Name: Robert David Campbell
Status: Director