SCARBOROUGH AMICABLE SOCIETY ANNUAL REPORT 2024-2025 The Society, formed in 1729, continues in accordance with the aims and objectives which are to provide clothing and ancillary assistance to needy children of families resident in the area covered by the former Scarborough Divisional Executive and normally attending publicly maintained schools in the above area. Meetin s normal we have held 3 Management Committee meetings during the year. Either Mr David Sutcliffe President or Mrs Anne Marr Vice President chaired the meetings held at the Rainbow Centre. We also held an extra informal meeting in January to discuss our paper introducing the charity. We currently have 5 Foundationers on our books. Finance. All is going well with the Online Banking. This year has seen a reduction in money paid to Foundationers and there were very few Casual referrals from the Rainbow Centre. Christmas expenditure was down, David has always kept spare vouchers for hampers in case any were needed at the last minute. The spare vouchers were used last Christmas gather than requesting additional ones from Proudfoots head office. This year one of the investments TSY 25 expired so it was decided that we would withdraw this and invest it in Nat West 35 and 95 day accounts as at the time there was very little difference in interest being paid and that taken forward it would be easier to withdraw. Overall with grant payments down and less spent at Christmas you would expect the f igures to show an Increase in the funds but unfortunately the COIF Investment fund unit price was much lower than last year hence the year figures are not more healthy. May 2025 Registered Charity No. 529681
SCARBOROUGH AMICABLE SOCIETY STATEMINT OF FINANCIAL ACTIVITIIS FOR THE YEAR ENDED 3111 MAR 2025 2025 2024 INCOME Donaiions 100 Ralnbow Returns 210 COIF Investment 3,801 3,726 COIF Deposlt 362 356 Treasury Stock 2025/2028 Nat West 35 day a/c Nat West 95 day a/c Treasury Stock 2025 2,362 2,363 58 209 23,415 30,207 6,755 EXPENDITURE Foundatloner Grants 248 1,140 1,743 Casual Grants 360 690 Chrlstmas Gifts 100 Offlce Expenses 69 777 3,573 3182 NEf GAIN/ LOSS IN FUND ADJUSTMENT RE INVESTMENT VALUATION 29,442 29,430 10,812 TOTAL FUNDS BROUGHT FORWARD TOTAL FUNDS CARRIED FORWARD 204,229 190,235 204,218 204,229
SCARBOROUGH AMICABLE SCQETY YEAR ENDED 31 MAROI 2025 NOTES TO &ILANCE SHEET Note (l) Adjuslment knhtstmefit VIktKY Orinal Investment Value 31.12024 591 Treasury Stock £ 23,464 £2141&11 Its),21 6% Treasury StLxk £21622 £19.853 99 Eio a7 L21?17. . COIF InStment Fund £139.7S7 8U9S £134.1 £184.843 £15&1 AUDITORS CERTIFICATE S Flat I Wesiover: R.oa¢ ScARBOROL N<th YLvksht )1• SA4 I have examlned the Finan1 Statement for Scarborough S(Kty kn rryect ol the 31 Klwth (rffiFffl correctly drawn up In accordance with the re(xwds and w¢hers relatkn4 ther•to and stJt• Lhat Ékn., 4 tiw *)d t, ol t_he recelpts Jnd payments for the Year end1 31125 o the funds at that Sl8ned Q S )ANICs)