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2025-12-31-accounts

RADIO CLYDE CASH FOR KIDS REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

REGISTERED COMPANY NUMBER: SC365231 (Scotland) REGISTERED CHARITY NUMBER: SC003334

RADIO CLYDE CASH FOR KIDS

COMPANY INFORMATION

Registered office: Radio Clyde
Clydebank Business Park
3 South Avenue
Clydebank
G81 2RX
Registered company number: SC365231
Registered charity number: SC003334
Trustees: Edward Hawthorne (resigned 12
September 2025)
Sally Aitchison
Jason Miller
Lorraine Herbison
Colin Reid
Victoria Easton-Riley (resigned
2 June 2025)
Susan Tate
Sharon Munro
Craig Dickson
David Robertson (appointed 19
February 2026)
Paul Stirling (appointed 17
February 2026)
Company secretary: Samantha Miller
Auditor: Azets Audit Services
Chartered Accountants
Titanium 1
King’s Inch Place
Renfrew
PA4 8WF
Bankers: Bank of Scotland
The Mound
Edinburgh
EH1 1YZ

RADIO CLYDE CASH FOR KIDS

CONTENTS

Page
Chair’s Report 1
Report of the Trustees 2 – 7
Independent Auditor’s Report 8 – 11
Statement of Financial Activities (incorporating Income & Expenditure Account) 12
Balance Sheet 13
Statement of Cash Flows & Analysis of Net Debt 14
Notes to the Financial Statements 15 – 26

RADIO CLYDE CASH FOR KIDS

CHAIR’S REPORT FOR THE YEAR ENDED 31 DECEMBER 2025

In 2025, we continued our unwavering commitment to tackling child poverty across the West of Scotland, standing alongside the children, families and communities who rely on us most. The pressures facing vulnerable households remain significant, and our mission, to ensure every child has the chance to grow, develop and thrive, has never been more important.

I am pleased to report that during 2025 we granted £1.26 million, directly supporting 57,800 children across our region. A total of 466 organisations, including community groups, schools, nurseries and small charities, received funding, enabling them to deliver essential support tailored to the needs of local families.

Our fundraising campaigns and events throughout the year were met with extraordinary generosity. I extend my sincere thanks to every organisation, sponsor, funder and individual who chose to stand with us. Your kindness continues to transform lives and strengthen the communities we serve.

Our Cost ‑ of ‑ Living support remained a lifeline for families navigating financial hardship. Grants helped households meet the rising costs of food, heating, clothing and other essentials, providing dignity, stability and relief at the moments they needed it most.

Our Holiday Hunger programme continued to play a crucial role in ensuring children had access to nutritious meals and enriching activities during school holidays. These opportunities not only supported health and wellbeing but also created lasting memories and strengthened peer relationships.

This year also marked an important moment in our charity’s leadership. After seven years of dedicated service as Chair, Eddie Hawthorne stepped down from the role. Eddie’s commitment, guidance and passion have shaped the strength and stability of Cash for Kids in the West of Scotland, and we are deeply grateful for everything he has contributed.

I am honoured to have taken on the role of Chair in 2025, having served as a Trustee for the past ten years. Eddie and I have worked closely together for many years in business, Eddie as the recently retired CEO & Group Managing Director of Arnold Clark, and myself as Managing Director of Central Car Auctions, part of the Arnold Clark Group following their acquisition of my family business. That shared experience has given us a strong foundation built on trust, collaboration and a shared commitment to supporting our communities. I look forward to building on the legacy Eddie leaves as we continue our mission to improve the lives of children and families across the West of Scotland.

What we achieved in 2025 is a testament to the dedication, compassion and hard work of everyone connected to Cash for Kids in the West of Scotland. I would like to express my heartfelt thanks to our staff team, the Radio Clyde family, our volunteers and our supporters for their continued commitment to improving the lives of children across our communities.

Thank you

Jason Miller Chair

Date: 17/06/26

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RADIO CLYDE CASH FOR KIDS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025

OBJECTIVES AND ACTIVITIES

Objectives and Aims

Radio Clyde Cash for Kids continues to have as its overall objective: the relief of poverty amongst children in West Central Scotland and South West Scotland who are in need due to ill-health, disability or special needs, financial hardship, or other disadvantage.

Types of Grants

In 2025 the Charity supported children, young people, and their families through a series of grant campaigns distributed throughout the year as detailed below:

Easter Holiday Hunger Grants, Summer Holiday Hunger Grants, October/December Holiday Hunger Grants, Christmas Cost of Living Grants, Mission Christmas Gifts, Sports Challenge, Kiltwalk Grants, School Uniform Grants, and The Sir Arnold Clark Summer Fund Grants.

These were paid to trusted grassroot projects and community groups who support the health, welfare, and educational needs of children. We were also able to extend our support to other organisations including small Charities, Housing Associations, Women’s Aid, Schools, and Nurseries etc.

Grants are applied for via an online application form with all the necessary due diligence carried out on each application.

In line with terms and conditions of grants, no money was given directly to families; beneficiary groups and key partners ensured they received vouchers pertaining to their individual needs i.e. food, fuel, clothing, nappies, baby food, toiletries, phone top ups etc.

The Charity's Policies

To ensure proper stewardship of the funds raised, all nominations from those who believe that funds should be destined to a particular family or group must be accompanied by a recommendation from an accredited body such as Local Authority Social Work Departments, Voluntary Organisations, Head Teachers, GPs, members of the clergy and community workers. Awards are then subject to audit through random sampling of grantee data and a related structured visit.

Each year, Clyde 1, Clyde 1 Ayrshire, and GHR Dumfries & Galloway donates substantial resources to the appeal including the use of its premises for Cash for Kids related activities, airtime, on-air presenter participation and access to professional expertise.

Administrative expenses are unfortunately inevitable; the vast majority of these costs have been met by Bauer Radio and the financial commitment from Arnold Clark of £200,000 per year. Any remaining costs are met by sponsorship and ticket sales secured in advance of the appeal or event and through various grants from several Local Authorities.

ACHIEVEMENTS AND PERFORMANCE Key Partners & Funders

The Charity collaborated with some key partners in 2025 including Arnold Clark, One O One Convenience Stores, Central Car Auctions, Cairnhill Structures, J&D Pierce Contracts Ltd, Billy Bowie Special Projects and Hamilton Tarmac.

We received donations from The Hunter Foundation, The Revie Foundation, Sharon Munro, and Paul McManus.

We also received funding from The Sir Arnold Clark Summer Fund and Local Authorities including North Lanarkshire Council and South Lanarkshire Council.

2

RADIO CLYDE CASH FOR KIDS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025

ACHIEVEMENTS AND PERFORMANCE (continued)

Fundraising

2025 was a highly successful year for Cash for Kids despite the continued challenges that the Cost-of-Living crisis brought.

Events during the year included, Summer Uniform Appeal, Golf Days, Sports Challenge, Balfour Beatty Ball, Christmas Lunches in Glasgow and Ayrshire, and our annual Super Scoreboard Auction.

We also had great success with our Cash for Kids Day and Mission Christmas pillar campaigns across the region

FINANCIAL REVIEW

Financial Review

The legendary generosity of the public in West Central and South West Scotland has again raised a very substantial sum, in the most challenging economic climate, for the good of the community in which we are proud to serve.

Our plan was to distribute as many grants as possible and maintain our reserves to ensure continued sustainability. The focus of this growth will be on securing commitments from corporate supporters and the delivery of the Bauer Media Audio UK on-air activity which includes Cash for Kids Day and Mission Christmas. The deficit planned for the end of 2025 was £88,195, the actual surplus was £29,720 an increase of £117,915.

Reserves

The free reserves of the charity, being the unrestricted funds, as of 31 December 2025 were £674,817. The Trustees consider that the level of reserves held should cover half of the Christmas family grants, as most of these should be paid prior to the Christmas period and typically most fundraising money is not received until after this period. Excluding gifts in kind at 31 December 2025 the unrestricted funds are equivalent to 100% of the Christmas Cost of Living grants paid during the year, which is in excess of the minimum 50% stated in the policy.

Community Grant Commitments

The Trustees would seek to distribute any surpluses generated beyond the reserve as part of the Holiday Hunger grants programme which are grants distributed to grassroot & community groups facilitating day trips, activities, and food during the school holidays.

It is our intention to build on this work redistributing an agreed percentage of the annual budget for Holiday Hunger to fund several community-based projects in each local authority served by Cash for Kids in the West of Scotland.

Of particular interest in 2025 were small voluntary and community groups who are working with children and play a vital role in the fabric of local communities. These small local groups are often of the people, by the people and for the people. They tend to operate with little or no paid staff and have limited financial security but their work with vulnerable children is critical.

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RADIO CLYDE CASH FOR KIDS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025

Risk Management

The Trustees consider the risks to which the charity is exposed on a quarterly basis by way of a risk register and ensure systems are in place to manage these and consider the procedures adequate to lessen the risks. The Trustees also sign off the business plan annually which details the sources and levels of income and expenditure forecast in the year.

Forward Planning

The charity has a strategic plan in place which clearly outlines all planned income activities, costs of generating funds, overheads, and surplus funds available for granting to beneficiaries. The plans are reviewed and monitored on a very tight basis and action plans are implemented for any potential drop in income.

Core objectives include:

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

Radio Clyde Cash for Kids is a private company limited by guarantee, not having a share capital with company registration number SC365231. It is recognised as a charity for tax purposes by HMRC and is registered with the Office of the Scottish Charity Regulator (OSCR) under charity number SC003334. Radio Clyde Cash for Kids is governed by its memorandum and articles of association, and its member is Bauer Radio Limited.

The charity forms part of the larger Bauer network of Cash for Kids charities and operates a central and local strategy. The growth strategy continues to be a combination of innovative campaigns and centrally driven group initiatives delivered locally.

Induction and Training of New Trustees

The Trustees meet regularly throughout the year supporting and advising on both the income generation and grant making undertaken by the charity.

Procedures are in place for newly appointed Trustees to receive a formal induction to the policies and protocols in place for the management and stewardship of the charity. This is carried out by the Chair of the Board or his nominated representative. Trustees include an independent Chair and Trustees along with representatives from Bauer Radio. Trustees are appointed by the Chair and serving Trustees of the charity.

For more information, please see https://hellorayo.co.uk/clyde/charity/info/trustees [hellorayo.co.uk].

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RADIO CLYDE CASH FOR KIDS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT (continued)

Organisational Structure

The charity is managed by the Board of Trustees. All policies and protocols are reviewed annually by the Trustees. The charity collaborates with several statutory and voluntary organisations with all decisions on funding and fundraising being ratified by the Board. Rigorous procedures are in place for grant distribution and fundraising. These are reviewed and revised annually.

The board is supported by a series of subgroups that help engage the wider “Cash for Kids family” of supporters and assist in delivering the ambitious growth plans of the charity. These include:

Membership of the groups is drawn from our network of long-term supporters and includes Gavin Pearson from Radio Clyde, Stephen Jackson from One O One Convenience Stores, David Robertson from Radio Clyde, Gordon Paterson from Amco Giffen, John Bell from RJ Bell Joinery Ltd, John McInally from Clyde 1 & Clyde 1 Ayrshire, Kenny Bowie recently retired District Manager of SP Energy Networks, Kirstie Scrimgeour & Rebecca Black (Maternity Leave) from South of Scotland Enterprise, Richie Nicoll from Waltons Consultancy Ltd, Myra Smith Community Champion at Morrisons, Morean Hamilton from Hamilton Tarmac, Chris Donaldson from Scottish Government, Sara Pierce, Collette McGonigle (Clyde 1 & Clyde 1 Ayrshire News) Craig Dickson from Natwest / Royal Bank of Scotland, Morag Johnston from Glasgow City Council, Samantha Miller Samantha Miller - Associate in Dispute Resolution & Litigation at Lindsays Solicitors and Elaine Shillington retired Director of Legal & Administration at Glasgow City Council.

Confidence in our Technology and Innovation

At Cash for Kids, we recognise the need for maintaining a strong focus on digital technology, it is central to our vision for a streamlined, efficient, progressive charity right across the UK. When we made the decision to invest in development of our in-house systems our goal was to create digital platforms that delivered the greatest value for our investment while offering our beneficiaries, supporters, and teams the absolute best user experience bespoke to our brand and vision. Keeping this purpose central in our approach to development and the adoption of innovative technology ensures we can continue to increase efficiency while creating powerful tools for our teams to better serve our supporters and distribute the funds raised.

In addition to the day-to-day value this generates for both fundraising and operations, it provides us with a foundation to respond quickly to new challenges and opportunities as they arise. We have successfully taken innovations from conception to delivery in a matter of weeks instead of months or years and we were able to demonstrate this with our response to the global pandemic. We developed a new digital platform capable of obtaining and processing the information needed from families affected by the social impact of the crisis, making it possible for our teams to review and fulfil grant support to those children most in need within hours of their application.

Looking to the future, we would expect there to be a greater adoption of technology, and new digital opportunities to present themselves. We will continue to recognise and respond to these at speed and expand on our existing solid digital foundation. We have achieved our ambition of becoming a paperless charity as our systems and processes are now integrated with Giving is Easy.

Central roles supporting local execution.

Our National Grants Director has a complete focus on our due diligence for granting distribution, consistency across all sites, beneficiary evidence, monitoring, and Impact. This role will also allow us to ensure we continue to deliver the best impact for our donors and the transparency that donors should demand of their chosen charity.

Our Group Campaign Manager role is aligned with all the Bauer media content teams to create compelling messaging and storytelling to generate donations. In addition, this role takes responsibility for our social media strategy.

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RADIO CLYDE CASH FOR KIDS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025

REFERENCE AND ADMINISTRATIVE DETAILS

In accordance with the Memorandum and Articles of Radio Clyde Cash for Kids, the Board has overall responsibility for the management of the resources of the company and ensuring its financial wellbeing.

Details of the Trustees, secretary, registered office, bankers and external auditor are on the Company Information page of these financial statements.

TRUSTEES’ RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS

The Trustees (who are also directors of Radio Clyde Cash for Kids for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and regulations.

The Trustees who served during the year and up to the date of signature of the financial statements were: Edward Hawthorne (resigned 12[th] September 2025)

Sally Aitchison Jason Miller Lorraine Herbison Colin Reid Victoria Easton-Riley (resigned 2[nd] June 2025) Susan Tate Sharon Munro Craig Dickson David Robertson (appointed 19[th] February 2026) Paul Stirling (appointed 17[th] February 2026)

The Company Secretaries who served during the year and up to the date of signature of the financial statements were: Samantha Miller (appointed 3 February 2025)

Charity and company law requires the Trustees to prepare financial statements for each financial year. Under that law the Trustees have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (United Kingdom Generally Accepted Accounting Practice). Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the income and expenditure of the charitable company for that period.

In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company’s transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005 and Regulation 8 of the Charities Accounts (Scotland) Regulations 2006 (as amended). They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are also responsible for ensuring that the assets are properly applied in accordance with Charity Law.

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RADIO CLYDE CASH FOR KIDS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2025

DISCLOSURE OF INFORMATION TO THE AUDITOR

As far as the Trustees at the time the report is approved are aware:

AUDITOR

Azets Audit Services will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.

SMALL COMPANY EXEMPTION

This report has been prepared in accordance with the special provisions for small companies under section 419 (2) of the Companies Act 2006.

This report was approved by the board on 11[th] June 2026 and signed on its behalf by:

Sally Aitchison Trustee

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RADIO CLYDE CASH FOR KIDS

INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES AND MEMBERS OF RADIO CLYDE CASH FOR KIDS FOR THE YEAR ENDED 31 DECEMBER 2025

Opinion

We have audited the financial statements of Radio Clyde Cash for Kids (the charitable company) for the year ended 31 December 2025 which comprise the Statement of Financial Activities (incorporating the Income and Expenditure Account), the Balance Sheet, the Statement of Cash Flows & Analysis of Net Debt and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council’s Ethical Standard, and we have fulfilled our ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

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RADIO CLYDE CASH FOR KIDS

INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES AND MEMBERS OF RADIO CLYDE CASH FOR KIDS FOR THE YEAR ENDED 31 DECEMBER 2025

Other information

The other information comprises the information included in the Annual Report, other than the financial statements and our Auditor’s Report thereon. The trustees are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Chair’s Report and in the Report of the Trustees.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 and the Charities Accounts (Scotland) Regulations 2006 (as amended) require us to report to you if, in our opinion:

Responsibilities of the trustees

As explained more fully in the trustees’ responsibilities statement set out on page 6, the trustees (who are the directors for the purposes of company law and trustees for the purposes of charity law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

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RADIO CLYDE CASH FOR KIDS

INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES AND MEMBERS OF RADIO CLYDE CASH FOR KIDS FOR THE YEAR ENDED 31 DECEMBER 2025

Responsibilities of the trustees (continued)

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and under the Companies Act 2006 and report in accordance with the Acts and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities is available on the FRC’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditor’s Report.

Extent to which the audit was considered capable of detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above and on the FRC’s website, to detect material misstatements in respect of irregularities, including fraud.

We obtain and update our understanding of the charitable company, its activities, its control environment, and likely future developments, including in relation to the legal and regulatory framework applicable and how the charitable company is complying with that framework. Based on this understanding, we identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. This includes consideration of the risk of acts by the charitable company that were contrary to applicable laws and regulations, including fraud.

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

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RADIO CLYDE CASH FOR KIDS

INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES AND MEMBERS OF RADIO CLYDE CASH FOR KIDS FOR THE YEAR ENDED 31 DECEMBER 2025

Extent to which the audit was considered capable of detecting irregularities including fraud (continued)

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

We assessed the susceptibility of the charitable company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

To address the risk of fraud through management bias and override of controls, we:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and to the charitable company’s trustees, as a body, in accordance with regulation 10 of the Charities Accounts (Scotland) Regulations 2006 (as amended).

Our audit work has been undertaken so that we might state to the charitable company’s members, as a body, and the charitable company’s trustees, as a body, those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company, the charitable company’s members, as a body, and the charitable company’s trustees, as a body, for our audit work, for this report, or for the opinions we have formed.

Sally Cheeney, Senior Statutory Auditor For and on behalf of Azets Audit Services, Statutory Auditor Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 Chartered Accountants Titanium 1 King’s Inch Place Renfrew PA4 8WF

Date: 18/06/2026

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RADIO CLYDE CASH FOR KIDS

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2025

2025 2025 2025 2024
Unrestricted Restricted
Notes funds funds Total Total
£ £ £ £
Income and endowments
Grants, donations, and legacies 5 572,031 108,596 680,627 617,961
Other trading activities 6 1,374,507 175,301 1,549,808 1,375,581
Investment income – bank interest 9,084 - 9,084 17,159
─────── ─────── ─────── ───────
Total income and endowments 1,955,622 283,897 2,239,519 2,010,701
─────── ─────── ─────── ───────
Expenditure
Raising funds 7 310,027 - 310,027 207,628
Charitable activities 8 1,615,874 283,897 1,899,771 2,006,357
─────── ─────── ─────── ───────
Total expenditure 1,925,901 283,897 2,209,798 2,213,985
─────── ─────── ─────── ───────
Net income/(expenditure) and 29,721 - 29,721 (203,284)
net movement in funds
Reconciliation of funds
Total funds brought forward 645,095 - 645,095 848,379
─────── ─────── ─────── ───────
Total funds carried forward 674,816 - 674,816 645,095
═══════ ═══════ ═══════ ═══════

The Statement of Financial Activities includes all gains and losses in the year. All income and expenditure derive from continuing activities.

The notes form part of these financial statements.

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RADIO CLYDE CASH FOR KIDS

BALANCE SHEET AS AT 31 DECEMBER 2025

Notes 2025 2024
£ £
Fixed assets
Tangible assets 15 25,490 26,409
Current assets
Debtors 16 146,207 304,837
Cash at bank and in hand 786,501 620,029
─────── ───────
932,708 924,866
Current liabilities
Amounts falling due within one year 17 (283,382) (306,180)
─────── ───────
Net current assets 649,326 618,686
─────── ───────
Net assets 674,816 645,095
═══════ ═══════
Reserves
Unrestricted funds 18 674,816 645,095
Restricted funds 18 - -
─────── ───────
674,816 645,095
═══════ ═══════

This report has been prepared in accordance with the special provisions for small companies under section 419 (2) of the Companies Act 2006.

The financial statements were approved by the Board of Trustees on 11[th] June 2026 and were signed on its behalf by:

Sally Aitchison Trustee

Registered company number: SC365231

The notes form part of these financial statements.

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RADIO CLYDE CASH FOR KIDS

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2025

2025 2024
£ £
Cash flows from operating activities
Net income/(expenditure) 29,721 (203,284)
Adjustments for:
Depreciation 10,951 9,623
Decrease/(Increase) in debtors 158,630 (93,698)
(Decrease)/Increase in creditors (22,798) 80,460
Interest Received (9,084) (17,159)
─────── ───────
Net cash used in operating activities 167,420 (224,058)
─────── ───────
Cash flows from investing activities
Payment to acquire tangible fixed assets (10,032) (20,764)
Interest Received 9,084 17,159
─────── ───────
Net cash provided (used in)/by investing activities (948) (3,605)
─────── ───────
Increase in cash in the year 166,472 (227,663)
Cash and cash equivalents at 1 January 620,029 847,692
─────── ───────
Cash and cash equivalents at 31 December 786,501 620,029
═══════ ═══════

Analysis of net debt

At 1 January 2025 Cash flows At 31 December 2025
£ £ £
Cash and cash equivalents 620,029 166,472 786,501
═══════ ═══════ ═══════

The notes form part of these financial statements.

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RADIO CLYDE CASH FOR KIDS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

1. General information

These financial statements are presented in pounds sterling (GBP) as that is the currency in which the charity’s transactions are denominated. They comprise the financial statements of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The principal activity of Radio Clyde Cash for Kids is the relief of poverty amongst children in West Central Scotland and South West Scotland who are in need due to ill-health, disability or special needs, financial hardship or other disadvantage.

Radio Clyde Cash for Kids is a private company limited by guarantee incorporated in the United Kingdom and registered in Scotland. It is recognised as a charity for tax purposes by HMRC and is registered with the Office of the Scottish Charity Regulator (OSCR) under charity number SC003334. Details of the registered office and company registration number can be found on the company information page of these financial statements.

2. Accounting policies

The principal accounting policies applied in the preparation of the financial statements are set out below. These policies have been applied consistently to all the years presented, in dealing with items which are considered material in relation to the charity’s financial statements unless otherwise stated.

Basis of accounting

The financial statements are prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with United Kingdom Accounting Standards including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (“FRS 102”) (United Kingdom Generally Accepted Accounting Practice), the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)’, the Charities and Trustee Investment Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and the Companies Act 2006. The charitable company is a Public Benefit Entity as defined by FRS 102.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires Trustees to exercise their judgement in the process of applying the accounting policies (see note 3).

Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. There are no material uncertainties that may cast doubt upon the going concern assumption.

We have structured our 2026 business plan to include a mixture of local and corporate events. Our intention is to maximise income from Corporate Donations and our three Group Campaigns, Cash for Kids Day, Sports Challenge and Mission Christmas as well as maximise on growing our local events and Regular Giving.

We brought forward a large surplus from 2025 and already in the 2026 year to the end of March we distributed £117,490 in Easter Grants (Holiday Hunger) and fulfilled an Emergency Grant for £3,000.

15

RADIO CLYDE CASH FOR KIDS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

2. Accounting policies

Going concern (continued)

This is in line with our objective which is the relief of poverty amongst children in West Central Scotland and South West Scotland who are in need due to ill-health, disability or special needs, financial hardship, or other disadvantage.

Our grants programme for the rest of the year will include, The Sir Arnold Clark Summer Grant Fund, Summer Group Grants, Sports and Schools Challenge Grants, October/December Holiday Hunger Group Grants, Christmas Cost of Living Grants, and Mission Christmas Gift in Kind (Toys & Gifts) and Kiltwalk Grants.

We have a strong and experienced fundraising team in place and have produced a business plan for 2026 and 2027. The trustees have a reasonable expectation that the charity has adequate resources to continue for the foreseeable future.

Income recognition

All income is included in the Statement of Financial Activities when the charity is entitled to the income, it is probable that the income will be received and the amount can be measured reliably. The following specific policies are applied to particular categories of income:

Expenditure recognition

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates:

Taxation

The charity is exempt from corporation tax on its charitable activities.

Tangible fixed assets and depreciation

Fixed assets are stated at cost. Depreciation is provided at the following annual rates in order to write off each asset, less its estimated residual value over its estimated useful life.

Computer equipment - 20% straight line

16

RADIO CLYDE CASH FOR KIDS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

2. Accounting policies

Financial instruments

The charity only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors. Debt instruments (other than those wholly repayable or receivable within one year) are initially measured at the present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration, expected to be paid or received. However if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in the case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Financial Activities.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash and cash equivalents incudes cash and short term highly liquid deposits with a short maturity of twelve months or less from the date of opening of the deposit or similar account.

Creditors

Short term trade creditors are measured at the transaction price.

Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees.

Restricted funds are used for specified purposes laid down by the donor. Expenditure for those purposes is charged to the fund.

3. Judgements in applying policies and key sources of estimation uncertainty

In preparing the financial statements, management is required to make estimates and assumptions which affect reported results, financial position and disclosure of contingencies. Use of available information and application of judgement are inherent in the formation of the estimates, together with past experience and expectations of future events that are believed to be reasonable under the circumstances. Actual results in the future could differ from such estimates.

The Trustees are satisfied that the accounting policies are appropriate and applied consistently. Key sources of estimation have been applied to the depreciation rates. Depreciation rates have been deemed to be appropriate for the class of asset.

17

RADIO CLYDE CASH FOR KIDS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

4. Comparative Statement of Financial Activities (Incorporating Income and Expenditure Account)

2024 2024
Unrestricted Restricted 2024
Funds Funds Total
£ £ £
Income and endowments
Grants, donations and legacies 573,854 44,107 617,961
Other trading activities 1,245,452 130,129 1,375,581
Investment income 17,159 - 17,159
─────── ─────── ───────
Total income and endowment 1,836,465 174,236 2,010,701
═══════ ═══════ ═══════
Expenditure
Raising funds 207,628 - 207,628
Charitable activities 1,832,121 174,236 2,006,357
─────── ─────── ───────
Total (expenditure) 2,039,749 174,236 2,213,985
─────── ─────── ───────
Net (expenditure) (203,284) - (203,284)
═══════ ═══════ ═══════
5. Grants, donations, and legacies Unrestricted Restricted 2025
£ £ £
Donations 353,919 67,026 420,945
Gift aid 56,532 - 56,532
Grants - 41,570 41,570
Gift in kind 161,580 - 161,580
─────── ─────── ───────
572,031 108,596 680,627
═══════ ═══════ ═══════
Unrestricted Restricted 2024
£ £ £
Donations 398,252 - 398,252
Gift aid 50,348 - 50,348
Grants - 44,107 44,107
Gift in kind 125,254 - 125,254
─────── ─────── ───────
573,854 44,107 617,961
═══════ ═══════ ═══════

18

RADIO CLYDE CASH FOR KIDS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

6. Other trading activities income Unrestricted Restricted 2025
£ £ £
Fundraising events 1,374,507 175,301 1,549,808
─────── ─────── ───────
1,374,507 175,301 1,549,808
═══════ ═══════ ═══════
Unrestricted Restricted 2024
£ £ £
Fundraising Events 1,245,452 130,129 1,375,581
─────── ─────── ───────
1,245,452 130,129 1,375,581
═══════ ═══════ ═══════
7. Expenditure on raising funds Unrestricted Unrestricted
2025 2024
£ £
Event costs 310,027 207,628
═══════ ═══════
8. Charitable activities expenditure Unrestricted Restricted 2025
£ £ £
Grants paid (note 11) 1,047,514 216,871 1,264,385
Support costs (note 9) 568,360 67,026 635,386
────── ─────── ───────
1,615,874 283,897 1,899,771
══════ ═══════ ═══════
Unrestricted Restricted 2024
£ £ £
Grants paid (note 11) 1,301,671 171,262 1,472,933
Support costs (note 9) 530,450 2,974 533,424
────── ─────── ───────
1,832,121 174,236 2,006,357
══════ ═══════ ═══════

All grants paid were to support the one charitable activity of the charity which is the relief of poverty amongst children in West Central Scotland and South West Scotland who are in need due to ill-health, disability or special needs, financial hardship or other disadvantage. All support costs are allocated to this activity.

19

RADIO CLYDE CASH FOR KIDS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

9. Support costs 2025 2024
£ £
Staff costs 524,048 424,424
Travel and subsistence 9,989 11,147
Professional fees 98 2,911
Dashboard and bank fees 15,816 15,585
Printing, stationery, and telephone 2,543 1,515
Maintenance 26,720 26,745
Rent and rates 3,277 2,952
Heat and light 594 2,665
Depreciation 10,951 9,623
Promotion and marketing 19,970 7,000
Bad debts 1,406 9,367
Governance costs (note 10) 19,974 19,490
─────── ───────
635,386 533,424
═══════ ═══════
10. Governance costs 2025 2024
£ £
Accountancy 5,124 6,000
Auditor’s remuneration 14,850 13,490
─────── ───────
19,974 19,490
═══════ ═══════

11. Grants paid to institutions

The following institutions were awarded the following grants of £5,000 or more in 2025.

2025 2024
£ £ £ £
Group Grants
3D Drumchapel 5,000 6,529
Abbey Primary School Parent Council - 6,598
Achieve More Scotland 8,000 15,350
Africa Future (community group) 12,290 14,050
African Challenge Scotland 5,000 5,000
Amma Birth Companions - 5,000
Annanhill Primary School - 9,190
Annan Athletic Ladies & amp; Girls FC 5,852 -
Ardenglen Housing Association Ltd - 5,000
Ashton Secondary School - -
Ayrshire Badminton Club - 5,260
Ayr Boswell FC 7,712 -
Ayrshire Communities Education and Sport 7,500 8,150
Barmulloch Primary School and ALN Provision - 6,568
Blantyre Celtic Community Football Club 18,484 -
Bluevale Community Club 7,668 30,001
Calderside Academy 7,200 10,034
Cardinal Newman High School - Community
Spirit		 - 5,900
Childcare in the Community 5,925 -
Church House, Bridgeton [SCIO] 8,588 18,204
Cleland Primary - 11,559
Total carried forward 99,219 162,393

20

RADIO CLYDE CASH FOR KIDS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

11. Grants paid to institutions (continued)

Grants paid to institutions (continued)
2025 2024
£ £ £ £
Group Grants (continued)
Total brought forward 99,219 162,393
Clyde Valley High School Parent Council 5,000 -
Coalburn Primary School and Nursery Class - 6,600
Craigbank Primary School - 6,100
Craigneuk Lifelong Learning Association - 6,750
Cranhill Development Trust - 7,500
Crookston Community Group 16,185 23,090
Crossroads Youth and Community Association 7,875 -
Cumnock Juniors 2017s 8,927 -
Dalbeattie Star Girls and Ladies Football Club 8,281 -
Dumbarton District Women's Aid 9,792 6,575
Dumfries and Galloway Young Carers Project - 8,615
Dumfries Baton Twirlers 11,311 15,403
Dumfries Y Gymnastics Club - 11,116
Duncanrig Secondary School - 5,000
Dynamite Gymnastics Club 5,429 12,274
East Ayrshire Carers Centre - 8,036
East Kilbride Gymnastics Club - 17,599
Envy Cheerleading Academy 7,081 -
Family Wellbeing Service - 7,400
Ferguslie ELCC - 5,900
Firpark Secondary School - 6,900
G15 Youth Project SCIO 26,272 22,960
G20 Youth Project - 5,000
Geeza Break - 8,139
Glasgow Care Foundation 5,000 6,200
Glasgow Women's Aid 5,000 10,000
Glenfield ELCC - 6,500
Gorbals Youth Café SCIO - 8,648
Govan Help - 5,000
Govanhill Housing Association - 9,100
Govan Youth Information Project 15,501 10,252
Gretna FC 2008 Youth Academy - 15,313
Gretna Old, St Andrews, Half Morton and
Kirkpatric		 - 7,053
Growing21ltd 7,200 14,010
Hareleeshill Primary and Nursery Class - 7,000
Hilltop Nursery School - 6,550
Iconic Dance Company 13,709 -
Include Me 2 Club SCIO 9,397 18,122
Infinity Allstars - 12,292
Irvine Rugby Football Club 6,492 -
James Hamilton Primary and Sgoil na Coiile
Nuaidh		 - 12,015
Jeely Piece Club / Jeely Early Years Services - 8,600
Kilmarnock Amateur Swimming Club 19,503 -
Kings Croft Community Hall - 7,915
King’s Oak Primary School and Nursery Class - 7,600
Kurdish women community group - 8,758
Total carried forward 287,174 534,278

21

RADIO CLYDE CASH FOR KIDS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

11. Grants paid to institutions (continued)

Grants paid to institutions (continued)
2025 2024
£ £ £ £
Group grants (continued)
Total brought forward 287,174 534,278
Made with Love JMJ - 23,150
Manorview Foundation 16,730 -
Moffat Academy 5,000 -
Moffat Academy Food Bank - 9,950
Molendinar Park Housing Association - 5,000
More Hope Foundation 17,040 19,967
Muirhouse Primary School Christmas Boxes - 5,050
Narha Helping Hands - 7,850
Newton Primary School - 5,900
Newton Stewart Initiative 9,647 -
North Ayrshire Amateur Swimming Club 5,200 -
North Ayrshire Ice Hockey Club 5,577 -
North United Communities 40,689 23,853
North United Communities Family Support - 17,140
On The Ball Academy Glasgow - 6,500
One Community Scotland 6,300 5,000
Orchard Primary and nursery parent Council 5,500 -
Parent Action for Safe Play 6,622 -
Parents in Partnership Auchenharvie - 5,000
Park Villa Football Development 9,400 10,947
Parkhead Housing Association - 15,300
PEEK Project (Possibilities for Each and Every
Kid)		 27,778 31,865
Plains Primary School - 5,350
Provanhall Housing Association Ltd - 5,000
Quest for Wellbeing - 36,983
Quest for Wellbeing: Sticky Fingers Club - 13,797
Reidvale Adventure Play Association Limited 7,290 6,706
Renfrewshire Rainbow Buddies 10,820 -
Rosemount Lifelong Learning 7,400 -
Royston Youth Action 9,442 10,785
Ruchazie Housing Association - 7,050
Scottish Families Affected by Alcohol and
Drugs		 8,405 -
Shettleston Housing Association - 5,000
SiMY Community Development 8,682 6,528
South Ayrshire Autistic Society - 5,997
South Ayrshire Carers Centre - 6,214
South Ayrshire Womens Aid - 5,340
St. Andrews and St. Brides High School - 5,000
St. Andrews Secondary School 5,500 5,000
St. James Primary School, Paisley - 5,550
St. Leonard’s Primary School - 7,150
St. Ninian’s Primary School - 6,100
St. Paul’s Youth Forum 5,000 -
St. Peter’s Children’s Centre Flying Start
Toddlers		 5,003 -

Total carried forward

510,199 870,300

22

RADIO CLYDE CASH FOR KIDS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

11 Grants paid to institutions (continued)
2025 2024
Group grants (continued) £ £ £ £
Total brought forward 510,199 870,300
Stepping Stones for Families - Family Wellbeing
Service - 14,497
Sticky Fingers Club SCIO 34,020 -
Stranraer Community Events Group 5,280 9,427
Strathaven Dynamo AFC 11,301 -
Summerhill Community Centre - 10,250
Tarbert After School Care 5,751 -
Taylor High School 5,000 -
The Economic Forum for Family Empowerment,
Scotland 5,000 5,690
The Hope Project Scotland - 7,875
The Jeely Piece Club 21,720 13,956
The Pavillion (Greater Easterhouse) 7,000 15,248
The GK Experience 12,740 14,705
Todholm Primary School - 5,800
Tollcross Housing Association - 10,000
Vics in the Community 14,200 12,700
West Dunbartonshire Community Foodshare 18,790 13,008
West Primary School and ELCC - 5,000
Westerton United 5,035 -
Whiterose community hall 9,478 -
Whitlawburn Community Resource Centre 7,910 12,070
Wing Tsjun Scotland SCIO 5,500 -
Women's Support Project - 7,000
YMCA Bellshill & amp; Mossend 9,019 -
YoMo Young Movers 14,917 22,401
─────── ───────
702,860 1,049,927
Other < £5,000 400,212 303,190
Other (gifts in kind) 161,580 125,254
Grants returned (267) (5,438)
─────── ───────
1,264,385 1,472,933
═══════ ═══════

23

RADIO CLYDE CASH FOR KIDS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

12. Net movement in funds 2025 2024
£ £
Net movement in funds is stated after charging:
Auditor’s remuneration - audit 14,175 13,490
Auditor’s remuneration - accountancy 5,500 6,000
Depreciation 10,951 9,623
═══════ ═══════

13. Trustees and key management personnel

There were £nil Trustees' remuneration, expenses or other benefits paid for the year ended 31 December 2025 (2024: £nil) . Key management personnel are considered to be the Trustees only.

14. Employee information

The charity has on average 7.24 employees ( 2024:8.34 ). The full time equivalent number of employees is 7.16 ( 2024:7.74 ). All employees have a dual contract with the charity and Bauer Radio Limited. During 2025, the charity made payments of £524,048 to Bauer Radio Limited ( 2024: £424,424 ) in relation to staff salary costs incurred by the company on behalf of the charity. No employees earned more than £60,000 (2024: none) .

15. Tangible fixed assets

Tangible fixed assets Computer
equipment
£
Cost
At 1 January 2025 72,016
Additions 10,032
───────
At 31 December 2025 82,048
───────
Depreciation
At 1 January 2025 45,607
Charge for the year 10,951
───────
At 31 December 2025 56,558
───────
Net book value
At 31 December 2025 25,490
═══════
At 31 December 2024 26,409
═══════

24

RADIO CLYDE CASH FOR KIDS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

16. Debtors 2025 2024
£ £
Auction debtors 20,800 35,284
Donation income receivable 1,425 856
Event income receivable 80,148 212,291
Grants receivable - 1,000
Gift aid receivable 38,929 39,105
Corporate Income 2,955 2,084
Trade debtors - 11,267
Other debtors 1,950 2,950
─────── ───────
146,207 304,837
═══════ ═══════
17. Creditors: amounts falling due within one year 2025 2024
£ £
Other creditors - 49,053
Accruals & deferred income 283,382 257,127
─────── ───────
283,382 306,180
═══════ ═══════
18. Movement in funds At
At 1 January Income and 31 December
2025 endowments Expenditure 2025
2025 £ £ £ £
Restricted funds
North and South Lanarkshire Council - 29,570 (29,570) -
Sports Challenge - 175,301 (175,301) -
Arnold Clark – Every pound partner - 67,026 (67,026) -
programme
Arnold Clark – YMCA Bellshill & - 12,000 (12,000) -
Funding to Childcare in the Community
─────── ─────── ─────── ───────
Total restricted funds - 283,897 (283,897) -
Unrestricted funds
General fund 645,095 1,955,622 (1,925,901) 674,816
─────── ─────── ─────── ───────
Total funds 645,095 2,239,519 (2,209,798) 674,816
═══════ ═══════ ═══════ ═══════

25

RADIO CLYDE CASH FOR KIDS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

18. Movement in funds (Continued) At
At 1 January Income and 31 December
2024 endowments Expenditure 2024
2024 £ £ £ £
Restricted funds
North and South Lanarkshire Council - 22,948 (22,948) -
Sports Challenge - 148,314 (148,314) -
Every pound partner programme - 2,974 (2,974) -
Unrestricted funds
General fund 848,379 1,836,465 (2,039,749) 645,095
─────── ─────── ─────── ───────
Total funds 848,379 2,010,701 (2,213,985) 645,095
═══════ ═══════ ═══════ ═══════

Purposes of Restricted Funds

Restricted funds consist of restricted grants received for payment of grants to the charity’s beneficiaries and to help pay for the charity’s staff costs.

North and South Lanarkshire Council

All grants were to support the one charitable activity of the charity which is the relief of poverty amongst children in West Central Scotland and South West Scotland who are in need due to ill-health, disability or special needs, financial hardship or other disadvantage.

Sports Challenge

The Sports Challenge is aimed at giving underprivileged Sports Clubs/Groups help and guidance on fundraising so that they eventually become self-sustainable. It is run in a competition format of a Raise and Win, as these groups love this element and are very competitive in nature. There is always a “financial top up prize” as an extra to the funds they generate themselves via our platforms.

The financial support assists in providing kit, equipment, and help towards larger projects that help disabled and disadvantaged children.

Sports groups/clubs benefited from grants which helped to purchase kit, uniforms, minibuses, travel to competitions (that financial constraints prohibited in the past), reduced subscriptions or free entry – to make the clubs more accessible and inclusive for all etc.

Sports clubs are briefed on fundraising rules and regulations and we guide them on how to fundraise and integrate in their communities, showing them how to engage corporate support too, and the importance of being self-sustainable for the future of their clubs, for their communities and the children who access them.

Sports Clubs are now more confident in their fundraising approaches and are getting more competent in their fundraising.

Every pound partner program

Funds were received from Arnold Clark to assist with the costs of developing the newly created Every Pound Partner program, in particular for the funding of the Business Development Manager’s salary. Funding is in place for one year.

26

RADIO CLYDE CASH FOR KIDS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

19. Analysis of net assets between funds
Unrestricted Restricted
funds funds Total
2025 £ £ £
Tangible assets 25,490 - 25,490
Current assets 932,708 - 932,708
Current liabilities (283,382) - (283,382)
─────── ─────── ───────
At 31 December 2025 674,816 - 674,816
═══════ ═══════ ═══════
Unrestricted Restricted
funds funds Total
2024 £ £ £
Tangible assets 26,409 - 26,409
Current assets 924,866 - 924,866
Current liabilities (306,180) - (306,180)
─────── ─────── ───────
At 31 December 2024 645,095 - 645,095
═══════ ═══════ ═══════

20. Related party transactions

Bauer Radio Limited is the sole member of the charity. During 2025, Bauer Radio Limited invoiced the charity £524,048 ( 2024: £ 424,424) for salary costs and £9,327 (2024: £10,216) for other costs incurred on behalf of the charity. At 31 December 2025, the charity owed Bauer Radio Limited £176,657 ( 2024: £178,930 ) .

Arnold Clark is a related party through common control. Arnold Clark has provided funding of £67,026 to assist with the costs of developing the newly created Every Pound Partner program. Funding of £12,000 was received towards The Arnold Clark Summer Fund to provide grants to grassroot community groups.

The charity has received donations from companies where Trustees have directorships of £349,652 (2024: £277,500).

27