Royal Air Force Association
Branch 0514 Moray
(Scottish Charity Number SC006781)
Financial Statements
For the year ended 31 December 2025
SCOTT-MONCRIEFF & Co

Royal Alr Force AS￿£1￿1•￿￿
Branch 0514 Moray
Financial Statements
For the year ended 31 D¢cember 2025
Statement of Financial Activities
Reeeipts and Payments Account
2025
Res¢rKted Unyeytrieted Totsl
Fund*
Fwnd8
Fundi
2024
Receipts
Donaiions- Wings Appral
Donaiions io BraDth Welfare
Other Incoming Resour¢¢s'..
M¢mtKrship SubsCri￿10￿s
RAFA LDtto Win
Ini¢rest Received
Welfare Rebatcs and Grants.'-
RAFA Grants
5.378
SJ78
3,155
2,232
10
25
2,232
io
25
2,248
762
Tot*1 Receipts
5.378
2,267
7th45
6.165
P*yments
Cost of Fund Raising
Advertw aTra Promotion
Cog¢ of Cbarlt*ble Aelii'ltlrs
130
ijo
285
Wclfare Expens¢s
Reinembrdnce
Traininb? Coursc
Travel - Poolcd Fares
NatIot￿ Conf¢ren¢¢ Attendan
Miscellancous
Deprttiation
Grants and Dottatloos
22
266
174
174
247
127
412
179
247
127
412
169
118
785
10
10
Wings Ap
Donatson- RAF Lossi¢ SeTr'ict Fund
- Erskin¢ Vetcrdns
RAFA DoThding House
El￿'n Ex-seryicen￿n'S Cl
ArnJ¢d Force5 Day
RAF Lotto
5,378
3,155
250
2.5(MJ
l(M)
250
52
5(X)
250
250
52
52
Go)'ernance
Independcni Examincr
204
204
192
Total Payments
6.885
4.236
11,121
5.648
(Der￿ltysyrplW3
Reconciliation of Fundy
Total Fur￿ brought fonvaTd
Transfer betWLYll FUTh
(1.507)
(1,969)
(3A76)
517
8.91?
16,362
25279
24,762
Tot41 Fund8 c*rrled fornard
7.410
14.393
21803
25,279

Royal Air Force Asxxi*¢i•n
Branch VS14 Mor*v
FiThancial Statements
For the year ended 31 December 21J25
Balance Sheet
As at 31 December 2025
2025
2024
Note
Fixed Awii
IJI59
1.177
Current Assets
B#nk A¢c(wnl Welfare
Bank Accouni BrdnGh
RAFA HQ Branch Deposit
Cash Floal
7J8()
16J91
2J25
8.877
18,532
26J26
27,449
Current Ll*bllili
Cr¢diiors and ACC￿1$
15J82)
(3,3471
Net Current A$8el8
20.744
24.1112
Net AJJeti
21J03
23,279
The Funds of the Ch*ri
Unrestriaed Funds
R￿ri￿ed funds
14J93
7AIO
16.362
8,917
Total Futtdi
21W3
25.279
These financial ststements were apprO￿d by ihe commit￿ on 3 March 2026 signed on its behalf by.. -
Chaimwi.. Michael Anilion). BTh￿dhU

ROY￿ Air Force A$w¢ia¢iwi
Branch 0514 Morav
Financi*l StatemerttS
For the year ended 31 December 2025
Notes on the Accounts
Accwn¢ing Polleles
The Accounts ha￿t i*en preparoj WMl¢r hI￿On¢al cost b3sis of accounling and in a￿ordanCe
wilh the Cl]ariti&s Accounts (Sc￿13]¥1) R¢gu]ations and the Statemcnl of Recommended Pradice-
Accouniing and Reponing by Charitscs.
Th¢ Accounts I￿ve becn prcpared on an Ac¢Mls Basis - i.e. including nionies relating 10 th¢
period bui not )'et paid uniil 2026.
Naiure and pUryx￿e of fijnds.
Resiricted Funds m￿. only be used for SFKcific Pur&￿￿. Rcsiriciions arise when specificyj by ihe
donor or funds are raiscd for 5Ftcific purp)scs. During the Year the Branch re¢eiv¢d
donauons aryl ItKom¢ io ihe Wings ap￿1. which are rttOgni￿d Ls r¢stria¢d. Welfare FuThl Is
atso rcstriaed.
unrc5th.ctol funds arc th05¢ which can I￿ u*d ai the discrcts'on of thc Cominitlee in funhering
the cbjeus of lh¢ Branch
Fixed Assets are shown al cos1 or valu*ion. Dwcciation Ills iK*n cl)arng*J so as io wriie off the
¢ost of Equipin¢ni over lis aniicira*d useful lile. ai the annual rdie of IOL/b• annum {Teducin8
balance).
Fixed Awtl
Equipmcnl
Total
A¢ CowV41401ion
l January aNI 31 tkc¢mi*T 2025
2.855
Dtpre£yulioR
Al l January 2025
Charge for Year
1,678
1ffj78
118
Al 31 DeC¢m￿r 2025
1.796
1.796
et Book Vathe 41 31 DeL*nbep 202J
1,059
lJ)59
Arei Btx)k Vtzlue at 31 Lkcember 2094
1.177

Royal Air Force A$8oeiatiDn
Brartch 0514 M&r*y
Financial Sta(ements
For ¢be year ended 31 De¢emb¢r 2025
Noles on the Accounts (continued)
Funds
BalanLf al
l January
2025 Incomtng ￿180)￿8
Transfer
Balance at
etween 31 D(*embcr
Funds
2025
Restricted Fundi
Wings Aweal
Welfare Fund
5.378
5.388
.497
8.877
7J80
8.917
5.378
6,885
7,410
Unr¢#ricted FunOI
Branch Gcneral Fund
16.362
2.267
4.2.V)
14J93
To¢*1 Funds
25.279
7ffj45
11,121
21W3
A¢¢ountancy and Independe￿ Examlner sen1￿8
Noic ihai thc I￿nde￿i Examiner al￿ pmi'ide5 addiiional scTrices and has ivn cngaged io prepare
these Fiw¢ial Sthtcn￿ntS prior io carryin8 c￿1 their eumination.

ROY￿ Air Force Associalio
Brancb 0514 Moray
Fin*Dcial Statement$
For the ye*r ended 31 December 2025
Independent Examiner's Report to the Committee of Royal Air Force Association
Branch 0514 Moray
I r¢port on thc Accounts of ihe Charity for the )ear ended 31 De¢wniKr 2025. which are sa out on page5
1104.
Respedive RespoDsibilitlei rf Committee *od Examiner
Th¢ Charity's Commiii¢e are rqyo￿1ble for the prerAraiion ofihe Accounts in accordance with the temis of
the Charities and TnL$￿ Invcsimeni (Scoiland) Aa 2￿5 8Th1 thc Chariiics Accounls lkntlaNII R¢gulthions
21K)6. The Chan"ty Commitlee ￿nsIderS that the audii requiren￿nI of R¢8ulation IU( l) of ihe 20(kn ALtounts
Regulalions d(*s not appl).. li ts Jnv resFonsibility io e￿mine th¢ Accounls as requir¢d uThJer scction 4411)
(e) of the Ath and to siale whether paniodar nkgtiers hav¢ conK io my attention.
BASIS of Independent Ei#ml•er'8 StaiemeD¢
My exajnination is carried oul in accorda￿* N'ith Reguldtion I l of thc 2(M16 AcaNJnts Regulations. An
amitkniion i￿ludeS a r￿.1¢W of ihc accouniing records kcpi b>, Ihc Charity and a cornpanson of the
Accounts prcsented with those records. li also Inc1￿je$ consideraiion ofany unusual items or th'sclosures in
thc Accounts and seeks explanations from thc Commiii¢e conc¢ming anv such m*iers. Tlic prcteduffj*
undertsk¢n do not provide all the e¥'idence ihai *￿Uld be wuircd in an audii aThl conso4uently I do n
express an audit opinion on the vithv gii'cn b). Ihc Accoun￿. Mi Mork has bccn undenak¢n lo enablc me to
examine the A¢wun(s on Tr'our beh￿f and for no ￿her pur[￿$¢. To the fulle51 e.Ytcni ￿Mitted bv law. I do
not accept or asswn¢ reSp)nsibi￿"1Y io ansonc other 10 as the Committ¢¢, for my work or for Llu's
rctK)rt.
Independent Ex4mlner'$ Staternelll
In the coutse ofmy cxaminaiion no matter Iws con% io my 8iiention
which wves mc reasonable caus¢ lo b¢lithE ihat in an) maiLryial the Tequircmcnls..
io k¢¢p a￿Ounting rLrords in a¢cordanc¢ with Section 4qIXa) ofthe 2(Y)S Act and R¢gulallon 4
ofihe 21)06 A￿Ounts Regulalions
to preparc Accounts H.kn"¢h aw)rd with th¢ acwiing T￿rdS comply widi Regulation 8 or
the 2(MK) Accounts Regul*ions
hav¢ ncrt t¢en mct. or
io W￿.ch. in my Opinio￿ attention should Ix drawn in order io enabk a protw UN￿r￿anding of the
Accounts to reac4￿d.
Alis1￿"[ J Camtthll
CluJ*red A¢counlant
S¢ott-Moncrieff & Co
Chartercd Accounlanis
39 South Sweet
El￿Tr
IV3U IJZ
. 2026