The Caledonlan Club Members Common Good Fund
Year Ending 31 March 2024
General Information
Tru5tee5:
l M Fletcher (Chairmonl
P V Boyle
G Waddell
DLCWhlte
J S Young
Secretary:
D C8alden
Prlnclpal Address:
9 Halkln Street
London
SWIX 7DR
Independent Examlner:
Thomas Ward
19 Devoncroft Gardens
Twlckenharn
TWI 3PB
Bankers:
Drummonds
The Royal Bank of Scotland plc
49 Charing Cross
London
SWIA 2DX
Sollcltors..
Stone Kln
39 Cloth Falr
London
ECIA 7JQ
Charlty Re8lstratlon Number:
1086191
Page I

The Caledonian Club Members Common Good Fund
Year Ending 31 March 2024
Report of the Trustees
Statu5 and Admlnistratlon
The Charity was set up by Trust Deed on 18 April 2001 and is a reglstered charity. number 1086191. The Trustees
of the Trust are listed on Page l of the report.
The flnancial statements comply wlth current statutory regulations, the Trust Deed and the Statement of
Recommended Practice 'Accounting and Reporting by Charlties preparing their accounts In accordance with the
Financlal Reportin8 Standard appllcable in the UK and Republic of Ireland IFRS1021' issued on 16 July 2014.
Objects
The objects of the Trust set out In the Trust Deed are to carry out charitable actlvltles a5 determined by the
Trustees of the Trust.
Pollcy and Grants
The Trust's pollcy Is to ralse fund5 from a variety of sources and supply such wlth a vlew to preserve and enhance
for the general public the Caledonian Club building at Halkin Street,. to add to its hlstorical Scott15h collectSon of
artefacts, objets d'art and furniture,. to promote Scottlsh heritage and as51St In the 5UPPOrt af causes, partScularly
those having a strong connectlon with Scotland.
Revlew of Actlvltles and Future Plan5
The Trust ha5, durlng the year, recelved funds by way of gift5, legacie5. sale of books and Interest on deposits
amountln8 to £58,26412023'. £83,343).
In fulfilment of the Trust's objectlves, grants of £2,988 agreed durlng the year resulted In a figure of £257 after
prlor year accrual reversals12023.' £6,181 pald and £64,795 a¢cruedl.
The Trustees expect that further donations w511 be received over the next few years, Requests for grants for next
year had been received and at the year end were in the process of bein8 reviewed.
Legacies and Oonatlons
During the year, legacie5 of £2,000 were recelved and general donatlons totalled £45,103.
Financial Result
The financlal result for the year is Set out on page 5 of the accounts.
Reserves Pollri
It Is the policy of the Charlty to maintain unrestricted funds, whlch are free reserves of the Charlty, at a level
which equates to approximately six months, of anticlpated unrestricted expenditure. This provides sufflcient
funds to cover management, administratlon and support Costs. Unrestricted funds at the balance sheet date were
in excess of this requirernent.
Page 2

The Caledonian Club Members Common Good Fund
Year Ending 31 March 2024
Report of the Trustees
Rlsk Management
The Trustees continue to keep the Trust's activities under revlew, particularly wlth regard to any rlsks which may
arise from time to time, and to monitof the effectiveness of the system of internal controls and other vlable
mean5, including insurance cover where appropriate. by which those risks already identified by the Trustees can
best be mitl8ated.
P(wiers
The Trustees have absolute dlscretlon In all matters concerning the appllcation of the Oblects of the fund.
Appolntm¢nt of Trustees
The Board of Trustees is authorlsed to appolnt new Tnjstees to fill vacancles arlsln8 through reslgnatlon or the
death of an existing Trustee.
Investment Powers
The Trust Deed state5 that the Trustees rnay invest funds not Immediately required for its purpose5 In such
Investments, securlties or property as may be thought flt.
ststement of Trustee5' Responslbllltle
The Trustee5 are responsible for preparing the Annual Report and the flnancial ststements In accordance wlth the
applicable law and Unlted Kingdom Generally Accepted Accounting Practice. Charlty Law requires the Trustees to
prepare financial statements for each financial year whlch give a true and falr view of the state of affalrs of the
Charity and of the profit or loss ot the CharSty for that period. In preparing these financial statements, the
Trustees are requlred to:
select sultable accountin8 pollcie5 and then apply them consistently
make Judgements and estimates that are reasonable and prudent
state whether appllcable accountlng standards and statements of recommended practlce
have been followed, subject to any departures disclosed and explalned in the financlal
statements
prepare the financlal ststements on a golng concern basls unless it 15 inapproprlate to
presume that the Charlty will continue in operation.
Page 3

The Caledonian Club Members Common Good Fund
Year Endlng 31 March 2024
Report of the TrusteÈ5
The Twstees are responsible for keeping proper accounting records that dlsclose wlth reasonable accuracy at anv
tlme the financlal position of the Charity and enable them to ensure that the flnancial statements comply wlth
the Charltles Act 2011. They are a150 responslble for safeguarding the assets of the Charity and hence for taklng
reasonable steps for the preventlon and detectlon of fraud and other I￿gular￿leS.
Datsd:
SD 5epkvbLbJ loz&
Trustee:
Trustse..
Page 4

The Caledonian Club Members Common Good Fund
Year Ending 31 March 2024
Independent Examiner's Report to the Trustees of the Caledonian Club Members Common G¢x)d Fund
I report on the account5 of The Caledonlan Club Members Common Good Fund for the year ended 31 March
2024 which comprise the Statement of Financial Activities, the Balance Sheet and the related notes.
Thls ￿port is made solely to the Charity's Trustees, as a body, in accordance with Chapter 3 of Part 8 of the
Charltles Act 2011. My examination has been undertaken so that I mlght state to the Charity's Trustees those
matters l am required to State to them in an independent examiner's report and for no other purpose. To the
fullest extent permitted by law, I do not accept or assume responsibillty to anyone other th3n the Charity and the
Charlty's Trustees as a body, for my examinatlon, for this report, or for the opinions I have formed.
R•spectlve Responslbllltles of Trustees and EJ(amlner
The Charlty's Trustees are responslble for the preparatlon of the accounts. The Charity's Trustees conslder an
audlt Is not requlred for this year under sectlon 144121 of the Charlties Act 2011 (the 2011 Act) and that an
Independent examin4tlon 15 needed.
It is my responsibillty to..
examlne the accounts under section 145 of the 2011 Act
to follow the procedures laid down in the general Direction5 glven by the Charity
Commission under section 1451511bl of the 2011 Act, and
to 5t3te whether particular matters have conie to my attention.
Basls of Independent Examlner's Report
My examinatlon was carrled out in accordance wlth the general Dlrectlons given by the Charity Commisslon. An
examination includes a review of the accounting records kept by the Charity and a compaT150n of the acounts
presented with those records. It also Includes a consideration of any unusual items or disclosures in the accounts,
and seeking explanations from the Trustees concerning any such matter5. The procedures undertaken do not
provide all the evidence that would be required in an audit and consequently no opinion 15 given as to whether
the accounts present a 'true and fair view, and the report is limited to those matters set OL4t in the statement
below.
Independent EKamlner'5 Statement
In connectlon with my examlnation, no matter has come to my attention:
111 whlch glves me reasonable cause to believe that in any material respect the requlrements..
- to keep accountin8 record5 In accordance with sertlon 130 of the 2011 Act, and
to prepare accounts which accord wlth the accounting records and comply wlth the
requirements of the 2011 Act
have not been met,. or
121 to which, In my opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Thorna5 Ward FCA
Chartered Accountant
19 Devoncroft Gardens, Twickenham, TWI 3PB
Page 5

The Caledonlan Club Members Common Good Fund
Year Ending 31 Marth 2024
SLiternent of Financial ktlvltles
31 March
2024
31 Morch
2023
Total
Totol
Note
Incorne:
Other Donations
Receipts from 8ook5 and Prints
Interest Recelved
Tax Credlts
47,103
895
3,655
6,611
82,135
102
1,106
Total Income
58,264
83,343
Expendlture:
Charitsble Actlvltles
1,457
73,928
Governance Costs - Independent Examinatlon Fees
750
750
Total Expendlturo
2,207
74,678
Net Inom•llExpendltur•l
56,057
Fund Balance5 Brought Forward
94,110
85.445
Fund Balances at 31 March 2024 f31 March 2023)
150,167
94,110
Page 6

The Caledonian Club Members Common Good Fund
Year Endlng 31 March 2024
Balance Sheet
Total Fund
31 March
2024
Total Fund
31 March
2023
Note
Current Assets
Debtors
6,938
248
Bank Balances and Money Market Deposlts
147,310
159,407
154,248
159,655
Current Llabllltles
Creditor5'.
Amounts falling due wlthln one year
4,080
65,545
Net Current Assets
150,168
94,110
Net Assets
150,168
94,110
Fund5
General Fund
150.168
150.168
94,110
94,110
Approved by the Trustee5 on
2024 and slgned on their behalf
Trustee:
Page 7

The Caledonian Club Members Common Good Fund
Year Ending 31 March 2024
Notes to the Acc￿ntS
l. Accountlng Policies
al Basis of Preparatlon
The financial statements have been prepared under the historical cost convention as moditied by the
InclusSon of fixed asset Investments at market value in accordance with the statement of
Recommended Prattlce 'Accounting and Reportlng by Charltles preparlng thelr accounts in
accordance wlth the Financial Reporting Standard applicable In the UK and Republic of Ireland
IFRS1021' 155ued on 16 July 2014, and the Charltles Act 2011.
b) Golni Concern
There are no material uncertalntSes that cast a slgnlflcant doubt on the Charity's ability to continue
asa golngconcern.
C) Income and Expendlture
Income and expendlture are Included on an accruals ba515. Income15 recogni5ed when the Charity is
entltled to income and it is more likely than not to be received. Expendlture Is recognlsed when
there is a legal or constructSve obllgatlon to make a payment.
Expenditure incurred in Connectlon with the speclflc objects of the charlty Is Included under the
heading of 'Total Charltable Actlvlties by Objective5" and that relatlng to constltutlonal and statutory
matters is included In Governance Costs"
dl Grants Payable
The Fund makes grants to the Caledonian Club and other partles In furtherance of its policy as stated
In the Report of the Trustees.
2. Staff Costs and Trustee5' Rernuneratlon
None of the Trustees received any remuneratlon or relrnbursement of expenses from the Charity or any related
entlty durlng the perlod12023'. £NIII.
Page 8

The Caledonian Club Members Common Good Fund
Year Ending 31 March 2024
Notes to the Accounts
31 March
2024
31 Morch
2023
3. Listed Bulldlng Refurblshments
Grants
257
70,976
Other E¥pendlture
Trustee Meeting Expenses
Prlntin& Postage and Statlonery
Administration Expenses
492
1.200
2,460
Total Other Expendltur•
1200
2,952
Total Ch•rftable Artfvltle5 by Objectlve
1,457
73,928
4. Debtors
Tax Recoverable and Interest Recefvable
6,938
248
6.938
248
5. Credltors
Accruals IGrant5, Examlnation Fees & Admin Expenses)
65,545
4,080
65.545
Page 9