The Royal British Leglon Seotl#Trd Oldmeldrum & Dl*trlet Annual accounts for the SC004429 eriod Pe￿1 slart date 0144ov-23 31-Oct-24 Sectlon A Statement of financial activities Unr•strict•d lunds R•strict•d Income fvnd8 Total th1• yo•r Totsl lajl Incomlng rè$ource8 (Note 3) Incomlng r•Murco8 from g•n•r•t•d lund¥ Grrt r*e 175,000 FuTr*r8I￿nq 100 580 2,819 Inv•8iwi Inccffi• 2.800 Oth•r kwnlng r•wc 3,000 Total Incomlng re$ourc•s Re$ourco8 •xp•nd•d {Nol• 4) 5.826 175.000 180.826 150 Catyt•lK)n 150 223 223 128 Gov8m8n¢e cost8 360 360 h•r r•Myru• •xp•nd•d Tot•1 r•sourc•s •xp•nd•d N•t In¢omlnrfoulgolnp) rnsou￿•s beforn trnnslors 3.667 2,159 175.(NXI 177,159 11,450 N•t In￿mIn￿lO￿tyO1n9j rn4ourvs N•t movwn•nt In fvnds Totsl funds brought forward Total funds carrled forward 175,000 177 159 177,159 220.945 220.945 209.495 223.104 175.0 220,945 Section B Balance sheet as at 31 October 2024 Restrlctad Ine¢)m• funds Unr•8trlcl•d Ttstal thls year Total last yg•r Flxed assets Tanglbltr assets (Nots 61 233,315 93,315 326.630 190,C To(•1 fu•d a$￿ts 233,315 93.315 Current assets Debtors (Not• 7} Cash at bank and In hand Tot•1 current•ssets 326,630 190,000 7.742 98,611 106,353 7,742 18,169 12,776 30,945 1,685 81.685 188,038 Creditors.. amoun1• lalllng du• wlthln on• y•ar (Not• 81 15.996 15.996 N•t ¢uff•nt •sseWll•blllllesJ 90.357 81,685 172,042 30,945 ro¢al •s$•ts ¢urr•n¢ Il•bllltl¢s 220,945 Creditors: amo•Jnts falllng du• aft•r ono yaar {Note 8) loo,￿8 100,568 Provl4lons for Ilabllltl•s and Gh•rg•• Net •$$•ts 223,104 175.(KKI Funds of the Charlty Unf•*lcled fund• 398,104 220.945 223,104 223,104 220,945 Re8trl¢ted Incom• fundi {Note 9 175,OCrt) 175,000 Total fun 223,104 175,000 398,104 220,945 SwJned by one or trust••8 on of Ihe Iruglees 'ri-l Nffjryl Date ol roval 2010112025 The Royal British Legion Scotland Oldmeldrum & District SC004429 Annual accounts for the eriod P￿￿)d start date 01-Nov-23 31-Oct-24 Section A Statement of f inancial activities Unrestrlctsd funds Restrlcted income fvnds Total thls year Totsl last year Incoming resources (Note 31 Incoming resources trom generated funds Grants recy¥ed 175,000 175,000 10,000 100 tkfi*h)ns FUn&la￿n9 580 2.819 2.819 2,800 InveStn￿￿tincoTr 3.000 3,000 2,250 Other inciKning resour￿ Total incoming resources Resources expended {Note 4) 175 000 180826 Remembrtrte co￿$ 150 150 4,152 miS￿lane(￿lS expen5e5 223 2,934 223 128 Loan in￿eSt jvemance costs 360 360 other resource¥ expended Total resources expended Net Incomlng/(ouigolng) resources before transfers 3,667 3,667 4,280 2.159 175.000 177.159 11.450 Net incoming/(outgoing) resources 2.159 175.000 177.159 11,450 Net movement in funds 175000 177 159 Totsl funds brought forward 220,945 220,945 209,495 Total funds canled fonvard 175 000 220 945 ## **Section B Balance sheet as at 31 October 2024** ## **Restricted** |**Fixed assets**
**Tangible assets (Note 6)**
**_Total fixed assets_**
**Current assets**
**Debtors (Note 7)**
**Cash at bank and in hand**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year (Note 8)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year (Note 8)**
**Provisions for liabilities and charges**
**_Net assets_**
**Funds of the Charity**
**Unrestricted funds**
**Restricted income funds (Note 9)**
**_Total funds_**
Signed by one or two trustees on behalf of all
the trustees||**Unrestricted**
**funds**
**£**|**income**
**funds**
**£**||**Total this**
**year**
**Total last**
**year**
**£**
**£**|**Total this**
**year**
**Total last**
**year**
**£**
**£**|**Total this**
**year**
**Total last**
**year**
**£**
**£**| |---|---|---|---|---|---|---|---| |||233,315|93,315||326,630||190,000| ||||||||| ||||||||| |||233,315|93,315||326,630||190,000| ||||||||| |||7,742|-||7,742||18,169| |||98,611|81,685||180,296||12,776| |||106,353|81,685||188,038||30,945| ||||||||| |||15,996|-||15,996||-| ||||||||| |||90,357|81,685||172,042||30,945| ||||||||| |||323,672|175,000||498,672||220,945| ||||||||| |||100,568|-||100,568||-| |||-|-||-||-| ||||||||| |||223,104|175,000||398,104||220,945| ||||||||| |||223,104|||223,104||220,945| |||-|||-||-| ||||175,000||175,000||-| ||||||-||-| ||||||||| |||223,104|175,000||398,104||220,945| ||||||||| |||Signature||Print Name||Date of
approval|| ||||||||20/01/2025| ||||||||| 2 Section C Notes to tho accounts Note 1 Basis of preparation 1.1 Basis of accounting These accounts have been prepared on the basis of historic eost lexeept that investments are shown at market value) in accordance with.. Accounting and Reporting by Chafities- Statement of Recommended Practice ISORP 2005}: and with. Accounting Standards., or Financial Reporting Standards for Smaller Enterprises {FRSSE)- and wth the Charities Act. 1.2 Chang8 in basis of accounting There has been no change to the accounting policies (valuation rules and methods of accounting) since last year 1.3 Changes to previous accounts No changes have been made to accounts for previous years. ## **Section C Notes to the accounts (cont)** ## **Note 2 Accounting policies** ## **INCOMING RESOURCES** **Recognition of incoming** These are included in the Statement of Financial Activities (SoFA) when: **resources**  the charity becomes entitled to the resources;  the trustees are virtually certain they will receive the resources; and  the monetary value can be measured with sufficient reliability. **Incoming resources with** Where incoming resources have related expenditure (as with fundraising or contract income) **related expenditure** the incoming resources and related expenditure are reported gross in the SoFA. Grants and donations are only included in the SoFA when the charity has unconditional **Grants and donations** entitlement to the resources. **Contractual income and performance related grants** This is only included in the SoFA once the related goods or services have been delivered. ## **EXPENDITURE AND LIABILITIES** Liabilities are recognised as soon as there is a legal or constructive obligation committing the **Liability recognition** charity to pay out resources. Include costs of the preparation and examination of statutory accounts, the costs of trustee **Governance costs** meetings and cost of any legal advice to trustees on governance or constitutional matters. Where the charity gives a grant with conditions for its payment being a specific level of service **Grants with performance** or output to be provided, such grants are only recognised in the SoFA once the recipient of the **conditions** grant has provided the specified service or output. **Grants payable without** These are only recognised in the accounts when a commitment has been made and there are **performance conditions** no conditions to be met relating to the grant which remain in the control of the charity. ## **ASSETS** **Tangible fixed assets for use** These are capitalised if they can be used for more than one year, and cost at least £500. They **by charity** are valued at cost or a reasonable value on receipt. 4 ## **Section C Notes to the accounts (cont)** ## **Note 3 Analysis of incoming resources** **Grants received** ## **Investment income** |**This year**
**Last year**
**£**
**£**
**Analysis**|**This year**
**Last year**
**£**
**£**
**Analysis**|**This year**
**Last year**
**£**
**£**
**Analysis**| |---|---|---| |Social Investment Scotland|125,000|-| |Grantscape|50,000|-| |Lottery grant|-|10,000| ||-|-| ||-|-| |**Total**|175,000|10,000| |||| |Rent receivable|3,000|2,250| ||-|-| ||-|-| ||-|-| ||-|-| |**Total**|3,000|2,250| ## **Note 4 Analysis of resources expended** ## **Governance costs** |Accountancyfees|360|-| |---|---|---| ||-|-| ||-|-| ||-|-| ||-|-| |**Total**|360|-| 5 **Section C Notes to the accounts (cont)** ## **Note 5 Details of certain items of expenditure** ## **5.1 Trustee expenses** **Number of trustees who were paid expenses Total amount paid** |**Thisyear**|**Lastyear**| |---|---| |**none**|**none**| |**none**|**none**| ## **5.2 Fees for examination or audit of the accounts** _**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner or auditor. If nothing was paid please enter NONE in the appropriate box(es).**_ |**_appropriate box(es)._**||| |---|---|---| |**Other fees**
**Independent examiner’s or auditors' fees for reporting on the**
**accounts**|**This year**
**£**|**Last year**
**£**| ||100|0| ||260|0| 6 ## **Section C Notes to the accounts** ## **Note 6 Tangible fixed assets** ## **6.1 Cost or valuation** |**6.1 Cost or valuation**|||||| |---|---|---|---|---|---| |Balance brought
forward
Additions
Balance carried
forward|**Freehold land**
**& buildings**
**£**|**Other land &**
**buildings**
**£**|**Fixtures,**
**fittings and**
**equipment**
**£**|**Payments on**
**account and**
**assets under**
**construction**
**£**|**Total**
**£**| ||190,000|-|-|-|190,000| ||136,630|-|-|-|136,630| ||326,630|-|-|-|326,630| ## **6.2 Accumulated depreciation and impairment provisions** |Balance brought
forward
Depreciation charge
for year
Impairment provisions
Balance carried
forward
Brought forward
Carried forward
**6.4 Revaluation**
**6.3 Net book value**|nil||||| |---|---|---|---|---|---| ||||||| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||||||| ||190,000|-|-|-|190,000| ||326,630|-|-|-|326,630| ||||||| Buildings are stated at initial valuation as at 24 July 2024 plus refurbishment costs incurred. 7 ## **Section C Notes to the accounts (cont)** ## **Note 7 Debtors and prepayments** |**Analysis of debtors**
**Trade debtors**
**Amounts due from subsidiary and associated**
**undertakings**
**Total**|**Amounts falling due**
**within oneyear**|**Amounts falling due**
**within oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**| |---|---|---|---|---| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||-|-|-|-| ||7,742|
18,169|
0|
0| |||||| |||||| ||7,742|
18,169|
0|
0| ## **Note 8 Creditors and accruals** ## **Analysis of creditors** |**Loans and overdrafts**
**Other creditors**
**Accruals and deferred income**
**Total**|**Amounts falling due**
**within oneyear**|**Amounts falling due**
**within oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**| |---|---|---|---|---| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||15,636|-|100,568|-| ||-|-|-|-| ||360|-|-|-| ||15,996|-|100,568|-| 8 ## **Section C Notes to the accounts (cont)** ## **Note 9 Restricted income funds** ## **9.1 Funds held** |**Fund Name**
**Type PE, EE**
**or R**
**Purpose and Restrictions**|**Fund Name**
**Type PE, EE**
**or R**
**Purpose and Restrictions**|**Fund Name**
**Type PE, EE**
**or R**
**Purpose and Restrictions**| |---|---|---| |Social Investment Scotland|R|Refurbishmentofproperty| |Grantscape|R|Refurbishmentofproperty| |||| |||| |||| |||| ## **9.2 Movements of major funds** |**Fund names**|**Fund**
**balances**
**brought**
**forward**
**£**|**Incoming**
**resources**
**£**|**Outgoing**
**resources**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**| |---|---|---|---|---|---|---| |Social Investment Scotland|-|125,000||-|-|125,000| |Grantscape|-|50,000||-|-|50,000| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| |**Total Funds**|-|175,000|-|-|-|175,000| 9 Independent examiner's report on the accounts Roport to the Charfty n3m* trusteeslmemb¢rs of Oldmeldrum & Dlstrlct Branch of The Royal British Legion Scotland Rgglst8r•d charlty SC(IJ4429 numbDr On th• xcounts of Ihe Ch￿ttY for thp p•Ylod Period stsrt date Month Nov8mb¢r Peri¢xl ervj dato Mcnth Day Year 2023 Year to 31 S•t out on paggs 1 ID 9 Ros￿1¥9 The charity's twslèes are responsible the preparalKin of the accounts In acLyjr(la[￿ 8ponsibiliti￿ of trustees and examiner wth the lemis of the Charities and Trustee Investment (s￿lIand) 2005 Act a￿￿ the Charits'es Accwnts {Scotlandl Regulalions 2006. The charlty Iruslees consider1hat the audit requiremenl of Regulation 10111 (a) to (c) of the Accounts RegUlat￿nts doe¥ not apply. It ￿ my reSp￿SibIlIty tr) examlne the accounts as required under section 44(1) (c} of the Act and 10 State wheltsr partlwlar matters have come lo my attention. Basis of independent My exarnlnatlL￿ Is carried out in aCC(Kdan￿ with Regulation 11 of Ihe Charlts'es examlnerfs $tht￿￿t Accounts Iscdlandl Regulations 20(fi. An examinalion includes a revithv of the atr￿Unting records kept ty the charity and a Comparison of the accounts pre5ent&J wtth th￿e recor(15. It also includes consider8tion of any unugual items or di$¢losures In accounts and seeks explanations from the truslees cOr￿erning any such matters. The prwedures u￿lertakell do not provide ai the 8vidence that W￿1￿ b6 requked In ￿ audtt and, consequertty. I do not exrye88 an audlt oplnlon on the accounis. Indopendont èxaminor's In Ihe C￿urse of my 8xaminatk)n. no matter has come to my attention statoment which gNes me reasonable Cause to ￿11￿0 that in any makn4 resped th8 requirements.. to keep accwnling reccfds in a￿rd￿ce with 5￿tIOn 4q1 > (al of the 2005 Act and Regulation 4 of the 2006 A￿nIS R￿u￿tions, and to prepare a￿UnIS whrh accoTd with Ihe accounting records and complywllh Regulation 9 of the 2006 Accounts R￿JulatI)n& have not been met, or 2. to which, n my oplnlon, attenllon should be drawn In or