SC005716
Dalziel High School
War Memorial Trust
Financial Statements Year Ended 30th September 2025
Dalziel High School War Memorial Trust Index Year Ended 30th September 2025
| Page | |
|---|---|
| Report ofthe Trustee's | 1-2 |
| Independent examiner's report | 3 |
| Statement of Financial Activities | 4, |
| Balance Sheet | 5 |
| NotestoFinancialStatements | 6-7 |
Dalziel High School War Memorial Trust Trustees Report Year Ended 30th September 2025
The trustees present their report with the financial statements of the charity for the year ended 30th September 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102)(effective 1 January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing Document
Dalziel High School War Memorial Trust is an unincorporated association and has a constitution agreed by the membership. It is a registered charity with the Office of the Scottish Charity Regulator (OSCR)
Recrutiment and appointment of new trustees
Trustees are appointed by the Trust based on their knowledge and experience.
Objectives & Activities
Dalziel High School War Memorial Trust was founded by people to remember pupils, former pupils and teachers who died in the World Wars.
The trust provides sporting facilities to school children and adults and is managed by a volunteer committee.
Risk Management
The trustees have a duty to identify and review the risks to which the charity is exposed and and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Financial Review
Reserves are accumulated over a period of time in order that there are sufficient funds available to improve the facilities as and when it is required.
Cont.d
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Dalziel High School War Memorial Trust Trustees Report (Cont.d) Year Ended 30th September 2025
Reference and Administrative Details
Registered Charity number: $C005716
Principal Address Daiziel High School Crawford Street Motherwell ML1 3AG
Trustees who acted during the year:
Independent Examiner Watson & Company Chartered Accountants Oakfield House 378 Brandon Street Motherwell ML1 1XA
Approved by order of the board of trustees on 22\ " 26
and signed on its behalf by:
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Independent examiner's report on the accounts
DALZIEL HIGH SCHOOL WAR MEMORIAL TRUST
Charity Number $C005716
Financial Statements
For the year ended 30th September 2025
| report on the accounts for the year ended 30th September 2025 set out on pages three to six.
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment(Scotland) 2005 Act and the Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the Accounts Regulations does not apply. it is my responsibility to examine the accounts as required under section 44(1) (c ) of the Act and to state whether particular matters have come to my attention.
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently, we do not express an audit opinion on the accounts.
In the course of our examination, no matter has come to my attention;
-
(1) which gives me reasonable cause to believe that, in any material respect, the requirements - to keep accounting reecords in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
-
~ to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
In accordance with instructions given to us we have prepared without carrying out an audit the annexed financial statements from the accounting records of Dalziel High School War Memorial Trust and from
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Dalziel High School War Memorial Trust Statement of Financial Activity
Year Ended 30th September 2025
| Dalziel High School War Memorial Trust Statement of Financial Activity Year EndedEnded 30th September 20252025 |
||||||
|---|---|---|---|---|---|---|
| Yearended | Year ended | |||||
| 30/09/2025 | 30/09/2024 | |||||
| Unrestricted | Restricted | Total funds | Total | |||
| Incoming Resources | Notes | £ | £ | £ | £ | |
| Incoming resourcesfrom generatingfunds | ||||||
| Donations | 77,695 | - | 77,695 | 73,253. | ||
| Activities for generating funds | ~ | - | - | - | ||
| Investment income | - | - | - | 7,382 | ||
| Incoming resources from charitable activities | - | - | - | 4 | ||
| Other income | - | - | - | - | ||
| Rents from land & buildings | 7,845 | - | 7,845 | 7,212 | ||
| Government grants | - | - | - | - | ||
| Interest Received | 10,698 | - | 10,698 | |||
| Total incoming resources | 96,238 | 0 | 96,238 | 0 | 87,847 | |
| Resources expended | ||||||
| Other resources expended | ||||||
| Wages & nic | - | - | - | 1,087 | ||
| General costs | 144 | - | 144 | 144 | ||
| Governance | 5 | 240 | - | 240 | 240 | |
| Total resources expended | 384 | 0 | 384 | 1,471 | ||
| Net incoming/(outgoing) resources | 95,854 | - | 95,854 | 86,376 | ||
| Funds brought forward | 1,761,968 | - | 1,761,968 | 1,675,592 | ||
| TotalFundscarriedforward | 1,857,822 | 0 | 1,857,822 | 1,761,968 |
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Dalziel High School War Memorial Trust Balance Sheet
Year Ended 30th September 2025
| CURRENTASSETS: | Notes | 2025 | 2024 | ||
|---|---|---|---|---|---|
| £ | £ | ||||
| Loan - Daiziel Sports Mgt | 1,465,229 | 1,489,229 | |||
| Bank account | 785 | 37,979 | |||
| Fixed Deposit Accounts | 410,000 | 270,000 | |||
| InstantAccess Account | 17,048 | - | |||
| 1,893,062 | 1,797,208 | ||||
| CURRENT LIABILITIES: | |||||
| Amounts due within one year | 3 | 240 | 240 | ||
| Loan | 35,000 | 35,000 | |||
| 35,240 | 35,240 | ||||
| NetAssets | 1,857,822 | 1,761,968 | |||
| £ | £ | ||||
| Funds B/Fwd | 1,761,968 | 1,675,592 | |||
| Surplus/(deficit) in the period | 95,854 | 86,376 | |||
| 1,857,822 | 1,761,968 | ||||
| Funds; | 6 | £ | z | ||
| Unrestricted funds | 1,857,822 | 1,761,968 | |||
| Restricted funds | 0 | 0 | |||
| 1,857,822 | 1,761,968 |
The financial statements were approved by the Board of Trustees and authorised for issue on oS \2\ 26... and were signed on its behalf by:
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Dalziel High School War Memorial Trust Note to the Financial Statements Year Ended 30th September 2025
- 1 Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS102, have been prepared in accordance with the Charities SORP (FRS102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019)’, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and Charities and Trustee Investment (Scotland) Act 2005. The financial statement have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obiligation committing the chairty to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggreagte all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activites on a basis consistent with the use of the resources.
Taxation
The charity is exempt from tax on its charitable activities
Fund Accounting
Unrestricted funds can used in accordance with the charitable objectives at the discrestion of the trustees.
Restricted funds can only be used for the particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds raised are for particular purposes.
All funds during the year were unrestricted
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Daiziel High School War Memorial Trust Note to the Financial Statements (Cont.d) Year Ended 30th September 2025
2 TRUSTEES’ REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30th September 2025 nor for the year ended 30th September 2024
There were no expenses paid to any charity trustee or person connected to a trustee.
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3 Creditors 2025 2024
Accruals 240 240
we2400
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4 The average number of employees during the year was 0 (2024 - 0)
No employees received emoluments in excess of £60,000.
| 5 | Governance Costs | 2025 | 2024 | |
|---|---|---|---|---|
| Independent examiner's fee | 240 | 240 | ||
| 6 | Movement in funds | At istOct | NetMovement | At 30thSep |
| 2024 | in funds | 2025 | ||
| Unrestricted | 1,761,968 | £95,854 | 1,857,822 | |
| Restricted | 0 | 0 | 0 | |
| 1,761,968 | £95,854 | 1,857,822 |
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