scorrIsH ORANGE HOME FUNT) 191 STATION ROAD SHOThS ML7 4BA C003774 CCOUNTS LLIAMS & COMPANY SHO sc SH OIiANGE HOME FUND F.Fq' ANNtIAT. RF.PORT YEAR ENDED 30 JUNE 2024 The management ¢ommittcc preS￿ts its annual report and accounts of th¢ s￿￿13￿ Ornnge Horne Fund for the y¢ar ¢ndeAI 30 Jwie 2024. nce and Charity Name: Scottish Orange Home Fund CTrJarity Registration Number.. SC003774 191 Ststion Road Shotts ML7 4B All the Committee ￿ernb￿ who Serv￿ at any time durin8 the ye8r and up to the date of sisni08 the accounts are shown below. Inde ndent Examiner EAC Accountaftcy Limited 191 Station Road Shotts ML7 4BA Bank of Swilalld 701 Great Western Road Glasgow GI2 8RB Committee McmbcTS who Bcrved from I" Jui 202 C'OThISH ORANGE HOME FUND TRUSTEES, ANNUAL RE ORT Cont'd YEAR ENDED 30 JLTNE 2024 Structu Goveniance aiid Lmana etoent Gov Docu The Scottish Orangc Home Fund is a r￿g￿lsed S￿ti18b Charity, govemed by its constitirtion, It is administered by the committee whose mcmbeT3 are el¢ctd at the Annual Generd Meettn8. Ob ecls and Activities The objective of the Fund is to provide Holiday Accommodation for th¢ o¢edy. Financial Review A profit w&q achiev￿1 for the y¢4r under Teview du¢ to an in¢reas¢ in DL)nation8 SCOThISH ORANGE HOME FUND RF.PORT onl'd YEAR ENDED 30 JUNE 2024 StaL￿n¢nI uf Trusl¢eb R¢s Dnstbilities Charity law rcquirets the Committee to preparc financia] statun¢nts for each financial y¢ar which show a trnc and fair vi¢w of the slat¢ of affairs of th¢ charity and its financial activities for that y¢ar. In wqmring those fllwicial ￿ateMents, the Comjnittee is requi￿￿ to: select suitable accounting polici¢s and th+￿ apply them consistently. make judgements and estiTDates that are rcasonable and prudent. state whether applicabl¢ accounting standards and statements of recommalded practiee have been followed, ¥ubj¢ct to any d￿rtureS disdosed and explained in the financial staten)¢ots' and prepare the fitLan¢ial statements on thc going concern basis UDl¢ss it is inappropriate to presume that the charity will continue in operational existenc¢. The Con]mittee are reS￿nsIbl¢ for keeping proper accounting T￿OrdS which disclose with reasonable accuracy at any time the finan¢id position of the charity and to ¢nable th¢m to ensure that th¢ finan¢ial statements comply with the Charities and TTUStce Investment (Scotland) Act 2005 aTtd the Charities Accounts (Scotialld) Regulations 2006. They ￿ also responsible for safeguarding the assets of the chatity and hence for taking reasonable steps for the prevention and detection of fraud 8nd other i￿gUlaritieS. Ih Approved by the Committee on 25 November 2024 and signed on their b¢ltslf by SCOTllsH ORANGE HOME FU INDEPENDENT EXAMtNER'S R ORT co I report on the wcounts of the charity for the year ended 30 Jun¢ 2024 which arn set out on pages 5 to I l. Res ¢elTve res onsibilities of trustces atkd The Charity's Committee are responsible for the PreP￿ation of the accounts in accordan¢¢ with the tern￿ of the Chariti¢s and Tn￿1¢¢ Inv¢8lm¢nt (s￿￿alld) A 2005 and the Charities Accounts (Scotland) Regulations 2006. The charlty trustecs nsid¢r that tbe audit requir¢m¢nt of Regulation 10(1) (d) of thc Accounts Regulations do￿ not apply. It is my responsibility to ¢xamine the aC￿llnts requird under Section 44(1} (c) of the Act and to state whethtt particular matters have com¢ to my attention. Basis of ind ndent ex8miner's Statement My ¢xamination is Ca￿1￿ out in ￿CordanCe with Regulation I l of the Charities Accounts (Scotlalld) Regulations 2(N)6. An examination includes a r¢vi¢w of the awjunting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual item5 or disclosurcs in the accounty and seeks explanations ftom the Committee ¢oncernin8 any suth rnatt￿s. The procethwes undertaken do not provlde all the evidence that would be uirnl in an audil and consequendy I do not we3s an audit opinion on the view given by the accounts. Ind endenl ex8JlliDer's statement In the wurse of my exgmination, no matter has eome to my attention. whith gives me reasonable cause to believe that in any material rwect the requirerrtents: to kccp accountin8 records in accordance with Section 44(1)(a) of th 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and to prepare accounts which accord with the accounting records and comply with R¢gutation 9 of the 2006 AccOW￿ Regulations have not been met, or to wbi¢ty inmy Opinio￿ at￿tion should be drawll in order to enabl¢ proper understanding of the a(wunts to be reached. EAC Accountallcy LimitrAI Chartercd Certified Accountants 191 Ststion Road Shotts ML7 4BA 25 November 2024 rF. 11(?kir.iiipft) vtylwrtiryf YJ,129 129 9J35 32 58.984 41,1¥ 41,IX) 34967 15.914 14J69 TO￿ fiwd¥ brougEI rom 152 375 rtsii o IEJiR INDID NE 20?4 ReBtdcted Totsl 2024 Tot41 2023 Not¢ 2024 2024 Twible A8gets C*sh atbonkmdinhmd 1702J6 170336 149.819 nt Liabi]i ' 168,316 168.316 168,319 147.719 I f ?.375 Tho fuTrJ5 of thc ¢knrity UnTf5tTi¢icd Fu 168 319 152J75 thv r￿mr￿tlet 21 NOTES FORMtNG PART OF THE FINANCIAL STATEMEKrs AcL()unlin PoliLies The principal acwunting policie4 wbich have been applied consistently in the Cumt and pr¢c¢ding year in d¢a]ing with it¢m8 which arc ¢onsid¢rnl material to the ac¢ounts, are set out below.. The chatity ha5 adopt￿ the requir¢meats of the Statement of Recom￿¢Thded Practicz: Ac¢ounting ￿ Reporting by Charities (issued February 2005). arat on The accounts hav¢ b¢¢n prepared iti accordance with applicable accounting standards aud under the historical cost convention. modified to reflect th¢ inclusion of tnvestrnents at mBrket value. and in accordance with the Charill￿ and Trustee Investrient (Scotland) Act 2005, The Charities Aceountg (Scotland) Regulations 201hS, approved by the Scottish Orange Horne Fund the Stat¢ment of Recornmended Practice: Accounting and Reporting by Charities {2005). Funds are Classifi￿ eit1￿ restricted fill￿S or unrcstricted fvnd4 defina as follows. Re5trict¢d funds are fjjnds subject to specific requirements as to their use which May be declared by the donor OT WitIL their auth￿lty or Creat￿ through le8ai processes, but still Mithin the wider objects of th¢ charity. Endowment fLmds aT¢ funds wbich hav¢ been giv¢n on the condition that th¢ Origin Capital sum is not reduce4 but the income ther¢ fro￿ is used for the purpose d¢fin¢d in ac¢ordanfx with the objects of the charity. Unrestrictsl filnds are expendable at the discretion of the Committ* in fijrtherance of the obje¢ts of the charity. If parts of the U￿￿trIcted fi)nds arc earniarked at the discretion of the Committee for a particular purpos4 they are desi￿ated as a Sq￿rate This dcsi8nation has &n thinistrativ¢ putpose only and does not l¢gally rtstrict the CommAttees' discretion to apply the fund. Incomin r¢50urces All donations in¢luded within incoming ra50ur¢¢s under either unrthicted or restii¢fyJ fimd8 a¢wrding to the terms under which the donation is made and when the amount can be quantified with reasonable certainty. Donations are brought into the accounts at th¢ir Ma￿et value to th¢ charity. Rcsources ¢K ¢ndcit Expenditur¢ is recogllised on a cash b&818 when th¢ liability 18 paid. sc(yrriski ORANGE ME FUND NOTES FORMllqG PART OF THE FENANCtAL STATEhqEWfS cowr'D YEAR ENDED 30 JUNE 2024 Accountin Policies cowr:D fixed assets Thc charity has tb¢ right to occupy and use for its charitable objects ￿1n tangibl¢ fixed assets. vested in the Scottish Orange Home Fund cOn￿￿1￿ce. No consideration ig payable for the use of these assets. Expenditure incurred on the rep8ir and m8inten8nce of these assets is charg￿ as resourc¢s expmded in the statement of fin8n¢ial a¢tivxties iti the year in which the liability arises. The Scottish Orange Home F￿a is reeo8ni8ed As a th￿lty forth¢ pury)oses of applicable taxation lewlation and is tbe￿fo[e not subject to t&xation on its cbaritsble activiti&%. The charity 18 not registerql for VAT and Tesourtt8 expendd therefor¢ incEud¢ irrecoverable Input VAT. co RIMIN F THE FIN LST TEM. NT CONI'D T(tsl 2023 Sale of G(K iio 245 1.756 24$ 1.756 492 1.358 C4b•xrt Ni8bt Pri¥¢ Dt•w 1,19) 1297 4924 1,358 3.872 Cy¢l¢ R￿& sr￿￿3 W 8,823 &823 71 .ITft15H OR.14N' ONIEF io EsfoRhllN Tl IN EMEYTS CO li¢￿1¢t•1 Fw 2024 TLtsI 2Q24 2023 G(*Jds resale 89 850 275 Postw & Trnvel Printin8 & Ststi