CHARITY NO: SC008220
SHARE SCOTLAND
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

SHARE SCOTLAND
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
PAGE
Reference and Administrative information
Report of the Trustees {incorporating the Strategic Report)
Independent Audrtor's Report
8-11
Statement of Financial Activities
12
Balance Sheet
13
Statement of Cash Flows
14
Notes to the Financial Ststements
15-31

SHARE SCOTLAND
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
REFERENCE AND ADMINISTRATIVE INFORMATION
Trustees
Chief Executive
Company Secretary
Principal Office
Charlty Number:
SC008220
Independent Audltors
Wbg (Audit) Limited
168 Bath Street
Glasgow
G2 4TP
Bankers
Royal Bank of Scotland plc
37 High Street
Dumbarton
G82 1LX
Solicitors
Brodies LLP
110 Queen Street
Glasgow
G13BX

SHARE SCOTLAND
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual report together with the audited financial statements of the
charity for the year to 31 March 2025.
The Trustees confirm that the Annual Report and financial statements of the charty comply with
the current statutory requirements. the requirements of the company's governing document and
the provisions of the Ststement of Recommended Practice (SORP), applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the
UK and Republic of Ireland (FRS 102) and the Co-operative and Community Benefit Societies
Act 2014.
Since the charity qualifies as small under section 383. the strategic report required of medium
and large charities under The Companies Act 2006 (Strategic Report and Directorfs Report)
Regulations 2013 is not required.
POLICIES AND OBJECTIVES
According to tts constituts"on, SHARE Scotland's objective is to provide homes and support for
people with profound and complex disabilits'es. SHARE has the power to do all things appropriate
for the fulfilment of this object but shall not trade for wofit.
Over the years Sin￿ it was incorporated. SHARE has concentrated its activities on the provision
of care packages for adults with complex leaming andlor physical difficulties and at 31st March
2025 supported 45 people. SHARE has never provided housing as this has been provided by
local authorities. housing associations and private landlords but we would consider. where
appropriate. the provision of housing for our seNice users
STRATEGIES FOR ACHIEVING OBJECTIVES
During 2024125. SHARE'S principal objective conts.nued to be the provision of high quality care to
its clients and in doing so. to help them achieve their own personal targets and objectives.
Extemal scrutiny and reporting by the Care Inspectorate. awarding between 4 to &star ratings
(out of a maximum of 6 stars). confirms our success in this objective.
SHARE requires a well-trained and dedicated workforce in order to achieve our objectives. We
place a high priority on staff development and training. Statutory regulations require that all of our
support staff are registered wth the Scottish Social Services Council (SSSC), the workforce
regulatory body within 6 months of their start date (for new stsffj. All staff working in supported
living I housing support sep4ices are registered.
Support Workers will have five years from that date to attain the necessary SVQ qualifications.
SSSC registration commenced for Service Managers in January 2014 and we have been advised
that Service Managers will have to obtain the Registered Managers Award or equivalent within 5
years of the date of registration. From June 2025 the timescale was shortened to 3 years. but
only for new entrants into the social care workforce. SHARE receives some funding support for
this training from the Scottish Govemment's Voluntary Sector Development Fund.
Currently around 63% of our Support Workers have already attained the SVQ qualification which
will eventually become mandatory for all Support Workers and cuThently around 89% of our
Service Managers have completed the required SVQ4 Management Award. The remaining
Service Managers will be working toward this qualification within the designated timescale.

SHARE SCOTLAND
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
PROGRAMME RELATED INVESTMENTS
SHARE does not make any social or programme related investments. It does however have
funds. which are in excess of our day-to-day requirements and, as at 31 March 2025, £904k of
these funds have been placed with our stockbrokers Rathbones in a mixture of fixed rate
investment bonds and medium risk stocks and shares. We also held £163k in fixed term deF)OSits
with Rathbones to ensure we beneffted from the higher rate of interest.
REVIEW OF ACTIVITIES AND PERFORMANCE
SHARE provides care packages for 45 people and our high standards are evidenced by Care
Inspectorate reports. SHARE supports service users to enjoy happy and fulfilled lives. Activities
enjoyed during the year included a staff pr()Juction of wee Charfie and the Chocolate factory, our
401h anniversary street party, Dress to impress dinnerldance and our summer BBQ at Lochore
Meadows. enjoyed by all. Days out included Rosslyn Chapel, Girls Aloud at Glasgow Hydro. a
tea boat trip down Loch Katrine. Blackness Castle, the Aquarium. Santa barge trip along the union
canal. the Botanical Gardens, Craigmillar Castle. the Burrell Collection and the Beacon Arts
Centre. We had Christmas, easter and Halloween parties as well as lots of birthday parties to
celebrate our service users.
In addition. through the Motability Scheme. 18 of our service users had access to motor vehicles
and another 11 had access to mini vans to help them enjoy better, more active lives.
SHARE Head Office continues to facilitate activities induding room hire and training for staff.
GOING CONCERN
SHARE'S financial position is comfortable with a year*nd surplus of £294k. and a steady cash
flow forecast. SHARE and the care sector as a whole have ongoing recruitment issues, however
we have been successful in filling most of our vacancies. Therefore. the Trustees have a
reasonable expectation that the charity has adequate resources to continue in operational
existence for the foreseeable future. For this reason. they continue to adopt the going concem
basis in preparing the financial statements.
SHARE will continue to monitor costs closely, revise budgets and forecasts, and work with CCPS
and other organisations to find the best route through the changing environment and the financial
implications it brings.
RESERVES POLICY
It is the policy of the charity that unrestricted funds which are not designated for a specific use
should be maintained at a level to ensure the continuing operation of the charity in line with advice
from the Office of Scottish Chatty Register. This can help SHARE show donors. fvnders and
beneficiaries that we are effectively managing the charib'es money and that we continue to be
financially sustainable. Sufficient reserves can help to bridge any gaps in income or meet
redundancy costs should we lose any seNices or contracts. This should be at a level of at least
belween three to six months expenditure to smooth the operation of the charty.
As at 31 March 2025 total resep4es amounted to £2.635.387 of which £4.838 was restricted for
specific purposes and £657.422 was designated by the trustees to be used for future projects.
These free reserves are equal to more than 3 months running costs and thereft)re the terms of
this policy have been met.

SHARE SCOTLAND
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
REVIEW OF RESULTS
The accounts show a surplus of £293,779 (2024: surplus of £88.488).
Incoming resources have increased to £5.81m for the year {2024 - £5.24m). Expenditure
increased to £5.5m (2024: £5.2m).
There has been a loss in the valuation of our investment portfolio. with a net loss on valuation of
£28.909 (2024: gain of £35.980).
Funding is received from the various local authorrties responsible for the care of our clients. This
is through the Health and Social Care Budget supplemented by funding from Supported SeNices
(Housing Support). administered by the local authorities. Some of our clients are also required by
the local authorities to make contributs'ons towards their care costs.
CONSTITUTION
The charity is a company registered under the Co-operative and Communty Benefit Societies
Act 2014.
It operates from rts registered office at
he
management of the charty is the responsibility of the Trustees who are elected under the tenns
of the Act. The Trustees continue to keep updated the constitution of the organisation. with latest
rules for the organisats'on being approved at the 2016 Annual General Meeting.
SHARE Scotland was fo￿ed on 8 April 1984 by a group of parents, whose children attended
stanmore House, a residential school in Lanark for children with special needs. Their parents had
been told that once their children's educats'on came to an end the only likely equivalent option
available to the families would be in large institutions such as Gogarbum Hospital in the east of
Scotland and Lennox Castle in the west. Since their children had always lived in the community
they believed that long tenn institutional care was an unacceptable option.
The education their children experienced and the significant progress they made at stanmore
House School convinced the parents that the life-long stimulation was essential to the
development of children and adults with profound leaming disabilities and that such stimulation
could not be offered by institutional care. During the next seven years SHARE Scotland received
grants from the Mental Health Foundation, John Paul Getty Trust. Baring Trust and Comic Relief
which allowed us to establish our first care homes in Edinburgh and Glasgow.
Now in to our 41 year, SHARE Scotland is well£stablished and is respected by the Independent
Care Commission as a provider of excellent care throughout Central Scotland.

SHARE SCOTLAND
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
The Trustees. who are also the Directors for the purpose of company law. and who seNed during
the year were:
(Resigned 20° August 2025)
Chairperson
Finance Director
Chief Executive Officer
None of the Trustees has any beneficial interest in the company. All of the Trustees, except for
the CEO and Finance Director, are members of the company and have contributed £1 each
towards the capital of the company. The constrtution states that employees can be elected as
Trustees and Directors of the company but cannot be members of the company.
METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES
Trustees are co-opted on to the Board, then recommended by the Board of Trustees to be
appointed by the members at Annual General Meeting. No extemal parties are empowered to
appoint Trustees.
POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF TRUSTEES
All new potential Trustees are provided with an induction pack detailing the background to
SHARE, a description of the roles and responsibilib'es of Trustees, job descriptions of Senior Staff
and organisation policies and procedures relevant to their role. In addition. they are co-opted on
to the Board with invitations to attend Board meetings in that role until their adoption at the next
Annual General Meeting. The training needs and any programme of development is discussed
annually at the Board and rf appropriate a development plan for the year is produced. Board
members can also attend various seminars and conferences should they wish.
PAY POLICY FOR SENIOR STAFF
The remuneration for all staff (induding Senior Staffj is determined annually by the Board based
on recommendations made to rt by the CEO. Typically, awards are made by referen￿ to
benchmarking, inflation and affordabilty. SHARE is however committed to paying its staff at least
the Scottish Living Wage and priorib'ses this above other considerats"ons.
ORGANISATIONAL STRUCTURE AND DECISION MAKING
A CEO and Finance Director are appointed by the Trustees to manage the day to day operations
of the charity. To facilitate effective operations, they have delegated authority. within terms of
delegation approved by the Trustees. for operational matters including finance and employment.

SHARE SCOTLAND
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
RISK MANAGEMENT
The Trustees have assessed the major risks to which the charity is exposed and are satisfied that
systems are in place to mitigate exposure to risk.
The main risk to the smooth operation of the company is the difficulties that are faced in
recruitment. which is a sector wide problem. Over the year we have trialled various recruitment
websites and agencies in order to ensure stsffing levels are maintained.
In addition. any matters adversely affecting SHARE'S reputation could potentially impact on our
relationships with our stakeholders. To mitigate this possibility. we have good corporate policies
and procedures in place. We also communicate regularly with stakeholders.
FUTURE DEVELOPMENTS
SHARE'S key objective is to continue to provide a high level of care to existing service users. We
also plan to increase the number of clients for whom we provide a service.
SHARE Scotland would wsh to look for development opportunities that will increase its services
and we continue to promote regular discussion with Local Authority and Housing Association
representatives to assist with forward planning for future services required.
Discussions with partners will continue wtth the aim of reconfiguring existing services. including
the possible purchase of property. This will provide a more accessible physical environment and
facilitate more cost*ffective and efficient support mechanisms. without compromising on the
current high quality of care. It will also offer addrtional accommodation and afford the opportunity
for future expansion of services.
We held our second dinnerldance "Dress to Impress" in the Marriott Hotel in September 2024. It
was attended by stsff. families and services users and was a great success.
MEMBERS. LIABILrrY
The members of the charty guarantee to contribute an amount not exceeding £1 to the assets of
the charity in the event of winding up.
TRUSTEES. RESPONSIBILITIES STATEMENT
The Trustees (who are also Directors of SHARE Scotland for the purposes of company law) are
responsible for preparing the Trustees, report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
Company law requires the Trustees to prepare financial ststements for each financial year. 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
incoming resources and application of resources. including the income and expenditure, of the
charitable company for that period. In preparing these financial statements. the Trustees are
required to"

SHARE SCOTLAND
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
select suitable accounting policies and then apply them consistently;
obseNe the methods and principles in the Charlties SORP:
make judgements and accounting ests"mates that are reasonable and prudent-
state whether applicable UK accounting stsndards have been followed
The Trustees are responsible for keeping adequate accounting records that are sufficient to show
and explain the charitable companls transactions and disclose with reasonable accuracy at any
time the financial position of the charrtable company and enable them to ensure that the financial
statements comply with the Co-operative and Community Benefit Soaeties Act 2014, the
Charities and Trustee Investment (Scotland) Act 2005 and 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 irregularrties.
The Trustees are responsible for the maintenance and integrity of the corporate and financial
information included on the charitable company's website. Legislation in the United Kingdom
goveming the preparation and dissemination of financial statements may differ from legislation in
other jurisdictions.
This Report has been prepared in accordance with the 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 (FRS 102).
DISCLOSURE OF INFORMATION TO AUDITOR
Each of the persons who are Trustees at the time when this Trustees, report is approved has
confirmed that:
So far as the Trustee is aware. there is no infomiation of which they are aware which is
relevant to the audit, but of which the auditor is unaware and
that Trustee has taken all the steps that ought to have been taken as a Trustee in order
to be aware of any infomiation needed by the charitable company's auditor in connection
with preparing its report and to establish that the auditor is aware of such infomiation.
AUDITOR
A resolution to re-appoint Wbg (Audit) Limited as Auditor will be put to the members at the Annual
General Meeting.
This report was approved by the Trustees and signed on their behalf by:
Date: 26 November 2025

SHARE SCOTLAND
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES AND MEMBERS OF SHARE
SCOTLAND FOR THE YEAR ENDED 31 MARCH 2025
Opinion
We have audited the financial statements of SHARE Scotland {the 'charity') for the year ended
31 March 2025 which comprise the Statement of Financial Activrties. the Balance Sheet. the
statement of Cash Flow5 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 Practi￿).
In our oplnlon the flnanclal statements:
give a true and fair view of the state of the charity's affairs as at 31 March 2025. and of its
incoming resources and application of resources. for the year then ended.
have been property prepared in accordan￿ with Unrted Kingdom Generally Accepted
Accounting Practice" and
have been prepared in accordance with the requirements of the Charrties and Trustee
Investment (Scotland) Act 2005 and regulation 8 of the Charities Accounts (Scotland)
Regulations 2006.
Basis for opinion
We conducted our audrt in accordance vrith International Standards on Auditing (UK) (ISAS (UK))
and applicable law. Our responsibilities underthose standards are further described in the Auditor
responsibilities for the audit of the financial statements section of our report. We are independent
of the company in accordance with the ethical requirements that are relevant to our audit of the
financial statements in the UK, including the FRC'S Ethical Stsndard. and we have fulfilled our
other ethical responsibilities in accordance with these requirements. We believe that the audit
evidence we have obtained is suffiaent and appropriate to provide a basis for {￿r opinion.
Conclusions relating to going concern
In auditing the financial statements. we have conduded that the trustees. use of the going
concem basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have perfo￿ned, we have not identified any material uncertainties relating
to events or conditions that, individually or collectively, may cast significant doubt on the charity's
ability to continue as a going concem for a period of at least ￿e1ve months from when the
financial statements are authorised for issue
Our responsibilities and the responsibilrties of the trustees with respect to going concern are
described in the relevant sections of this report.
Other Informatlon
The other information comprises the information included in the trustees annual report, other than
the financial statements and our auditor's report thereon. The trustees are responsible for the
other infomiation contained wtthin the annual report. Ouropinion on the financial statements does
not cover the other infomation and, except to the extent otherwise explicrtly stated in our report,
we do not express any fO￿n 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 otherwse appears to be materially misststed. If we identify such material
inconsistencies or apparent material misstatements. we are required to detennine whether this
gives rise to a material misststement in the financial statements themselves. If. based on the work

SHARE SCOTLAND
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES AND MEMBERS OF SHARE
SCOTLAND FOR THE YEAR ENDED 31 MARCH 2025
we have performed. we conclude that there is a material misststement of this other information,
we are required to report that fact.
We have nothing to report in this regard.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charity and its environment obtained in the
course of the audit. we have not identified material misstatements in the Trustees. Report.
We have nothing to report in respect of the followng matters where the Chartty Accounts
(Scotland) Regulations 2006 requires us to report to you rf. in our opinion:
adequate accounting records have not been kept. or retums adequate for our audit have
not been received from branches not visrted by us" or
the financial statements are not in agreement wtth the accounts.ng records and returns; or
certain disclosures of trustees. remuneration specrfied by law are not made" or
we have not received all the information and explanakn'ons we require for our audit
Respective responsibilities of trustees and auditor
As explained more fully in the Trustees. Responsibilities Ststement set out on pages 6 and 7. the
trustees are responsible for the preparation of financial statements and for being satisfied that
they give a true and fair view. and for such intemal control as the trustees detennine is necessary
to enable the preparation of financial statements that are free from material misstatement.
whether due to fraud or error.
In preparing the financial statements. the trustees are responsible for assessing the charity's
ability to continue as a going COn￿M. disclosing. as applicable. matters related to going concern
and using the going COn￿M basis of accounting unless the trustees either intend to liquidate the
charity or to cease operations. or have no realistic altemative but to do so.
Auditor's responsibilities for the audit of the financial statements
We have been appointed as audrtor under section 44{1){c) of the Charities and Trustee
Invesbnent (Scotland) Act 2005 and report in accordan￿ ￿th regulations made under that Act
Our objectives are to obtain reasonable assuran￿ 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 indudes 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 rf. individually or in the aggregate, they could reasonably be expected to influence the
economic decisions of users taken on the basis of these financial statements.

SHARE SCOTLAND
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES AND MEMBERS OF SHARE
SCOTLAND FOR THE YEAR ENDED 31 MARCH 2025
Explanation as to what extent the audit was considered capable of detecting irregularities,
including fraud
We identify and assess risks of material misstatement of the financial statements. whether due
to fraud or error, and then design and perfomi audit procedures responsive to those risks,
including obtaining audit evidence that is SLrfficient and appropriate to provide a basis for our
opinion.
In identifying and assessing the risks or material misststements in respect of irregularities,
including fraud and non-compliance with laws and regulations we considered the following;
The nature of the charrty, the environment in which rt operates. and the control procedures
implemented by management and the trustees; and
Our enquiries of management and trustees about their identification and assessment of
the risks of iThegularities.
Based on our understsnding of the charty and the sector we identified that the principal
risks of non-compliance with laws and regulations related to. but were not limited to;
Regulations and legislation pertinent to the charity's operations; and
The charity's memorandum & artides.
We considered the extent to which non-compliance might have a material impact on the financial
statements. We also considered those laws and regulations which have a direct impact on the
preparation of the financial ststements. such as the Charities and Trustee Investment (Scotland)
Act 2005, and the Charities Accounts (Scotland) Regulations 2006. We evaluated management
and trustees, incentives and opportunities for fraudulent manipulation of the financial statements
(induding the risk of management override of controls). and determined that the principal risks
were related to"
Posting inappropriate journal entries.
Audit response to the risks identified;
Our procedures to respond to the risks identified included the following-,
Gaining an understanding of the legal and regulatory framework applicable to the chartty and the
sector in which it operates.
Reviewing financial statement disdosures and testing to supporting documentstion to
assess compliance with provisions of relevant laws and regulations described as having
a direct effect on the financial statements.
Enquiring of management. trustees and legal advisors con￿mIng actual and potential
litigation and claims-
Reading minutes of meeb'ngs of those charged with governance"
In addressing the risk of fraud as a result of management override of controls. testing the
appropriateness of journal entries and other adjustments; evaluating rationale of any
significant transactions that are unusual or outside the normal course of business.
We also communicated relevant identffied laws and regulations and potential fraud risks
to all engagement team members and remained alert to any indications of fraud or non-
compliance wrth laws and regulations throughout the audit.
In addressing the risk of fraud as a result of management override of controls. testing the
appropriateness of joumal entries that are unusual or outside the normal course of
business, We have reviewed joumal entries in the following areas
Depreciation
Accruals
Prepayments
io

SHARE SCOTLAND
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES AND MEMBERS OF SHARE
SCOTLAND FOR THE YEAR ENDED 31 MARCH 2025
We communicate with those charged with govemance regarding, among other matters. the
planned scope and timing of the audit and significant audit findings. induding any significant
deficiencies in intemal control that we identify during our audit.
Because of the inherent limltations 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 is also greater
regarding irregularities occurring due to fraud rather than error. as fraud involves intentional
concealment. forgery. collusion. omission or misrepresentation.
A further description of our responsibilities is available on the Financial Reporting Council's
website at.
htt s:Ilwww.frc.or
.uk/auditors/audit-assurancelauditor-s-res
onsibilities-for-the-audit-of-the-
fildescri
tion-of-the-auditor%E20A80%99s-res
nsibilities-for. This description forms part of our
auditor's report.
Use of our report
This report is made solely to the charity's trustees, as a body, in accordance with section 44(1)
(c) the Charities and Trustee Investment (Scotland) Act 2005 and regulation 10 of the Charities
Accounts (Scotland) Regulations 2006. Our audit work has been undertaken so that we might
state to the charity's trustees 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 charity and the charity's trustees as a body, for our audit
work. for this re￿t. or for the opinions we have formed.
enior Statutory Auditor)
26 November 2025
For and on behalf of Wbg (Audit) Limited, Statutory Auditor
Wbg (Audit) Limited is eligible to act as an auditor in temis of section 1212 of the Companies
Act 2006.
li

SHARE SCOTLAND
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING 31 MARCH 2025
Unrestrlcted Restrlcted
Funds
Funds
2025
2025
Total
Funds
2025
Unrestrlcted
Funds
2024
Restrlcted
Funds
2024
Total
Funds
2024
Note
Income and endowments from:
Donations and legacles
Charitable activities
Investments
other Incoming resources
Total Income
11.076
5.730,026
36,719
34,564
5.812,385
1.500
12,576
5,730,026
36,719
34,564
5 813 885
24.625
5,126.844
17.867
59.284
5 228.620
24,625
5,138,944
17,867
59,284
5 240 720
12.100
1.500
12,100
Ex￿nditUre on:
Charitable activitles
Total Expendlture
5.470.702
5.470.702
20,495
20,495
5 491,197
5 491197
5,181.217
5 181.217
6,995
5 188212
5 188212
Nol Incomellexpendlturo) and net movement In funds beloro
galns and losses on Investmonts
Net Ilossesllgalns on Investments
Net Incomellexpendlture)
341,683
28.909
312 774
(18.995)
322,688
47.403
35.980
5,105
52,508
18.995
293 779
Transfers betrNeen funds
Not movement In funds
312.774
18.995
293 779
83.383
Funds reconclllatlon
Total Funds brought forward
Total Funds carried forward
19
19
2.317,775
2.630,549
23.833
4.838
2 341608
2 635 387
2 234,392
2 317.775
18,728
23,833
2 253 120
2 341608
The Statement of Financial Activities includes all gains arKI losses recognised in the year.
All income and expenditure derive from continuing activities.
12

SHARE SCOTLAND
BALANCE SHEEf AS AT 31 MARCH 2025
Note
2025
2024
Fixed assets:
Tangible assets
Investments
Total Flxed assets
13
14
421,531
905,213
1.326.744
432,023
664,133
1.096,156
Current assets..
Debtors
Investments
Cash at bank and in hand
Totsl Current assets
16
15
22
1.527,407
162,303
60.457
1.750.167
1.075,269
255,351
407,001
1.737,621
Liabilities:
Creditors falling due within
one year
17
441,524
492,169
Net Current assets
1.308.643
1.245,452
Net assets
2.635.387
2.341,608
The funds of the charity."
Unrestricted funds
Restricted funds
Total Charity funds
19
19
2.630.549
4.838
2.635.387
2.317,775
23,833
2.341,608
Approved and authorised for issue by the trustees on 26 November 2025 and signed on their
behalf by:
13

SHARE SCOTLAND
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDING 31 MARCH 2025
Total
Funds
2025
Total
Funds
2024
Note
Cash flows fmm operating activities:
Net cash (used in) by operating activities
21
(193,269)
(268.935)
Cash flows fmm Investlng
actlvltles:
Dividends. interests and rents from
investments
Purchase of property. plant and equipment
Purchase of investments
Proceeds from the sale of investments
Cash Invested
36.719
{13,053)
(472.213)
199,842
95.430
17.867
(19.764)
(100.012)
106,694
(14.228)
Net cash (used in) investing activities
(153,275)
{9.443)
Change in cash and cash equivalents in the
year
(346,544)
(278,378)
Cash and cash equivalent brought forward
22
407.001
685,379
Cash and cash equlvalents carried forward
22
60.457
407,001
14

SHARE SCOTLAND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
1. Accounting Policies
(a) Basis of preparation and assessment of going concern
The accounts (financial statements) have been prepared under the historical cost convention
with items recognised at cost or transaction value unless otherwse stated in the relevant note(s)
to these accounts.
The financial statements have been prepared in accordance with the Statement of
Recommended Practice: 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 Accounts (Scodand) Regulations 2006 and the C(H)perative and
Community Benefft Societies Act 2014.
Share Scotland meets the definition of a public benefrt entty under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise stated
in the relevant accounting policy.
The Trustees consider that there are no material uncertainties about the charity's ability to
continue as a going cOn￿M.
The financial statements are presented in sterfing which is the financial currency of the charity
and rounded to the nearest £.
(b) Funds structure
Unrestricted income funds comprise those fvnds which the Trustees are free to use for any
purpose in furtherance of the charrtable objects. Unrestricted funds include designated funds
where the Trustees, at their discretion. have created funds for specific purposes.
Restricted funds are funds vthich are to be used in accordance wtth specific restrictions imposed
by the donor or trust deed, or through the temis of an appeal. Further details of each fund are
disclosed in note 19.
(c) Income recognition
Income is recognised once the charity has entrtlement to the income. it is probable that the
income will be received and the amount of income receivable can be measured reliably.
Donab'ons are recognised when the chartty has been notffied in wrrting of both the amount and
settlement date. In the event that a donation is subject to conditions that require a level of
performance before the charity is entitled to the funds, the income is deferred until either those
conditions are fully met. or the fulfilment of those condrtions is wholly within the control of the
charity and it is probable that those condrtions will be fulfilled in the reporting period.
Interest on funds held on deposit is induded when re￿Ivable and the amount can be measured
reliably by the charity: this is nomially upon notification of the interest paid or payable by the
bank. Dividends are recognised once the dividend has been declared and notification has been
received of the dividend due. This is normally upon notification by the investment advisor of the
dividend yield of the investment portfolio.
15

SHARE SCOTLAND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
1. Accounting Policies (continued)
(c) Income recognition (continued)
Income from govemment and other grants. whether 'caprtal' or 'revenue' grants, is recognised
when the charity has entitlement to the funds, any perfomiance conditions attached to the grants
have been met, it is probable that the income will be received, and the amount can be measured
reliably and is not deferred.
Income received in advance of the provision of a specified Servi￿ is deferred until the criteria
for income recognition are met (see note 18).
(d) Expendlture recognltlon
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to that expenditure. it is probable that settlement will be required. and the
amount of the obligation can be measured reliably.
All expendtture is accounted for on an accrual's basis. All expenses induding support costs and
governance costs are allocated or apportioned to the applicable expenditure headings. For more
information on this attribution refer to note (Q below.
Expenditure on charitable activities indudes Specialist Palliative Care and other
activities undertaken to further the purposes of the charrty and their associated support
costs:
Raising funds - other trading aCtivi￿S includes fundraising costs. shop costs and lottery
costs:
Investment management costs - costs associated with the management of the charty's
investment portfolio
Irrecoverable VAT is charged as a cost against the activity for which the expendrture is incurred.
(e) Donated servlces and facllities
Donated professional seNices and donated facilities are recognised as income when the charity
has control over the item, any condttions associated with the donated item have been met, the
receipt of economie benefit from the use by the chartty of the ttem is probable and that economic
benefit can be measured reliably. In accordan￿ with the Charities SORP (FRS 102), the
general volunteer time is not recognised. Refer to the Report of the Trustees (incorporating the
Strategic Report) for more infornation about their contribution.
On receipt. donated professional services and donated facilities are recognised on the basis of
the value of the gift to the charity which is the amount the charity would have been willing to pay
to obtain services or facilities of equivalent economic benefrt on the open market; a
corresponding amount is then recognised in expenditure in the period of receipt.
(fj Allocation of support and governance costs
Support costs have been allocated be￿een governance costs and other support costs.
Govemance costs comprise all costs involving the public accountability of the charity and its
compliance with regulation and good practice. These costs include costs related to statutory
audit and legal fees together with an apportionment of overhead and support costs.
Govemance costs and support costs relating to charitable activities have been apF)Ortioned
based on time spent. The allocation of support and govemance costs is analysed in note 10.
16

SHARE SCOTLAND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
1. Accounting Policies (continued)
(g) Tangible fixed assets and depreciation
All assets costing more than £1 ,000 are caprtalised and valued at historical cost. Depreciation
is charged as follows:
Basis
2% straight line
25% straight line
25% straight line
Freehold property
Fixtures and frttings
Office equipment
(h) Flxed asset Investments
Investments are a fomi of basic financial instrument and are initially recognised at their
transaction value and subsequently measured at their fair value as at the balance sheet date
using the closing quoted market price. The statement of financial activities includes the net
gains and losses arising on revaluation and disposals throughout the year. The charty does not
acquire put options. derivat'ves or other complex financial instruments.
The main fo￿ of financial risk faced by the charty is that of volatilty in equity markets and
investment markets due to wider economic conditions, the attitude of investors to investment
risk, and changes in sentiment conceming equities and within particular sectors or sub sectors.
(i) Stock
Stock is included at the lower of cost or net realisable value. Donated items of stock are
recognised at fair value which is the amount the charity would have been willing to pay for the
items on the open market.
O.) Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount
offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
(k) Cash at bank and in hand
Cash at bank and cash in hand includes cash and short te￿ highly liquid investments with a
short maturity of three months or less from the date of acquisition or opening of the deposit or
similar account.
(l) Creditors and provisions
Creditors and provisions are recognised where the charrty has a present obligation resulting
from a past event that will probably result in the transfer of funds to a third party and the amount
due to settle the obligation can be measured or estimated reliably. Creditors and provisions are
normally recognised at their settlement amount after allowing for any trade discounts due.
17

SHARE SCOTLAND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
1. Accounting Policies (continued)
(m) Realised gains and losses
All gains and losses are taken to the Statement of Financial Activities as they arise. Realised
gains and losses on investments are calculated as the drfference be￿een sales proceeds and
their opening carying value or their purchase value if acquired subsequent to the first day of
the financial year. Unrealised gains and losses are calculated as the dtfference be￿een the fair
value at the year end and their carying value. Realised and unrealised investment gains and
losses are combined in the Statement of Financial Activit'es.
(n) Penslons
The charity operates a defined contribution pension scheme. and the pension charge represents
the amounts payable by the charity to the fijnd in respect of the year.
(o) Contingent liabilities
A contingent liability is identified and disclosed for those grants resulting from:
a possible obligation which will only be confirmed by the occU￿ence of one or more
uncertain future events not wholly within the trustees. control; or
a present obligation following a grant offer where settlement is either not considered
probable; or
the amount has not been communicated in the grant offer and that amount cannot be
estimated reliably.
(p) Operating leases
The charity classifies the lease of properties as operating leases: the title to the properties
remains with the lessor. Rental charges are charged on a straight-line basis over the tem of the
lease.
(q) Financial instruments
The charity only has financial assets and financial liabiltties of a kind that qualify as basic
financial instruments. Basic financial instruments are inrtially recognised at transaction value
and subsequently measured at their settlement value wrth the exception of bank loans which
are subsequently measured at amortised cost using the effective interest method.
(r) Employee Beneflts
The costs of short-term employee beneffts are recognised as a liability and an expense. unless
those costs are required to be recognised as part of the cost of stock or fixed assets. The cost
of any unused holiday ents"tlement is recognised in the period in which the employee's services
are received.
Te￿ninatIOn benefits are recognised immediately as an expense when the charity is
demonstrably committed to terminate the employment of an employee or to provide temination
benefrts.
(s)Judgements and key sources of estimation and uncertainty
In the application of the company's accounting policies, the Trustees are required to make
judgements, estimates and assumptions about the carrying amount of assets and liabilities that
are not readily apparent from other sources. The estimates and associated assumptions are
based on historical experience and other factors that are considered to be relevant. Actual
results may drffer from these estimates.
18

SHARE SCOTLAND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
1. Accounting Policies (continued)
(s)Judgements and key sources of estimation and uncertainty (continued)
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to
accounting estimates are recognised in the period in which the estimate is revised, rfthe revision
affects only that period, or in the period of the revision and future periods rf the revision affects
both current and future periods.
Depreclatlon of flxed assets - fixed assets are depreciated over the useful lrfe of the asset.
The useful lives of fixed assets are based on the knowledge of senior management, with
reference to assets expected lrfe cyde.
Allocation of expenditure between activities
Support costs are allocated between
charitable actiVTties and govemance based on the time spent by senior management on
undertaking the charty's activrties.
Impairment of fixed assets - the trustees determine whether there are indicators of impainnent
of the tangible assets. Factors taken into consideration in reaching such a decision include the
economic viability and expected future financial perfonnance of the asset.
Leases - Determine whether lease entered into by the charty erther as a lessor or a lease are
operating or finance leases. These decisions depend on an assessment ofwhether the risk and
rewards of ownership have been transferred from the lessor to the lessee on a lease-by-lease
basis.
2. Legal status
The charity is a company registered under the Co-operative and Communty Benefit Societies
Act 2014 and is a registered Scottish Charty (Charity No: SC008220).
3. Related party transactions and Trustees, expenses and remuneration
The key management personnel of the charity comprise the Chief Executive and the Finance
Director. Total remuneration of the key management personnel was £152.628 (2024 - £160.455)
including pension costs and NIC costs.
During the year ended 31 March 2025. expenses totslling £1.587 were reimbursed or paid
directly to 2 Trustees (2024 - £62 to 1 Trustee).
4. Income from donations and legacies
2025
2024
Donations
Grants
1,500
11,076
12,576
1,285
23,340
24,625
19

SHARE SCOTLAND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
5. Income from charitable activities
2025
2024
Care and support services
5,730,026 5.138,944
5.730,026 5,138,944
6. Investment income
2025
2024
Income from listed investments
Bank interest
34,103
2,616
36.719
9,452
8,415
17,867
7. Other Incomlng resources
2025
2024
Miscellaneous income
34,564
34.564
59,284
59,284
8. Analysis of expenditure on charitable activities
Care and
Support
Services
2025
Direct costs (see note 9)
Support costs (see note 10)
4.703.987
787.210
5.491.197
4,703.987
787,210
5,491.197
Care and
Support
Services
2024
Direct cost {see note 9)
Support costs {see note 10)
4.327.866
860.346
5.188.212
4,327.866
860.346
5,188,212
20

SHARE SCOTLAND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
9. Allocation of direct costs
Total
Funds 2025
Care and
Support
Services
staff costs
Depreciation
Rent. rates and water
Heat and light
Insuran
Repairs and maintenance
Staff expenses
Telephone
Volunteers, expenses
Staff training
Sundry expenses
Health and safety
Recruitment expenses
Post, stationery and advertising
IHM Payments
HB Spend
Computer and IT costs
Professional Fees
Total
4.374.354
2.168
58.965
10.107
3.106
5.407
26,985
2,553
11,198
19,917
81,123
2,807
13,357
669
66,020
10,605
1,647
12,999
4.703,987
4,374.354
2,168
58,965
10,107
3,106
5,407
26,985
2,553
11,198
19,917
81,123
2,807
13,357
669
66,020
10,605
1,647
12,999
4,703.987
Total
Funds 2024
Care and
Support
Services
Staff Costs
Depreciation
Rent. rates and water
Heat and light
Insurance
Repairs and maintenance
staff expenses
4.094,727
3.045
(2.435)
(2.789)
4.661
14.980
24.367
4.094,727
3,045
(2.435)
(2.789)
4,661
14,980
24,367
k li
Telephone
Volunteers, expenses
staff training
Sundry expense
Health and safety
Recruitment expenses
Post. stationery and advertising
IHM payments
HB spend
Computer and IT costs
Accountancy charges
Total
2.194
11.351
16.151
9.197
7.943
4.113
1.833
72.983
54.273
442
10,830
4,327,866
2,194
11,351
16,151
9,197
7,943
4,113
1,831
72,983
54,273
442
10,830
4,327,866
21

SHARE SCOTLAND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
10. Allocation of governance and support costs
The breakdown of supwt costs and how these were allocated between govemance and other
support costs is shovm in the table below:
2025:
Cost type
Total
Allocated 2025
Care and
Support
Services
Staff costs
Depreciation
Rent, rates and water
Heat and light
Insurance
Repairs and maintenance
Head office costs
Telephone
FoodlLeisure/Community Presence
Staff training
Health and safety
Recruitment expenses
Post. stationery and advertising
Govemance cost
Total
429,585
21,378
2,251
38,003
104,3
50,393
59,184
8,164
6,250
12,804
16.845
267
3.236
34,500
787,210
429,585
21,378
2,251
38,003
104,350
50,393
59,184
8,164
6,250
12,804
16.845
267
3,236
34,500
787,210
2024:
Cost type
Total
Allocated 2024
Care and Support
Services
Staff costs
Depreciation
Rent. rates and water
Heat and light
Insuran
Repairs and maintenance
Telephone
Volunteers expenses
Staff training
Sundry expenses
Health and safety
Recruitment expenses
Post, stationery and advertising
Service replacement funds
Govemance cost
Total
425.975
13,257
2,351
26,832
97,426
57,176
126,779
9,482
2,934
14,471
15,551
12,296
2,149
11,262
42,405
860,346
425,975
13,257
2,351
26,832
97,426
57,176
126,779
9,482
2,934
14,471
15,551
12,296
2,149
11,262
42,405
860,346
Governance costs:
2025
2024
Auditorfs remuneration
Support costs (see above)
14.617
19,883
34,500
13.914
28.491
42,405
22

SHARE SCOTLAND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
11. Analysis of staff costs and remuneration of key management personnel
2025
2024
Salaries and wages
Social security costs
other pension costs
Total staff costs and employee benefits
2,898.414
341,547
140,309
3,380,270
2,642.851
308.612
159,792
3,111,255
2025
2024
Key management personnel remuneration
152.628
160.455
The average number of persons employed by the charity during the year was as follows:
2025
No.
195
2024
No.
183
Average number of employees
The Number of employees whose emoluments (salaries. wages and beneffts in kind) fell
within the following bands are as follows"
2025
No
2024
No
£60,000 - £69,999
£70,000 - £79,999
12. Net incomel(expenditure) for the year
This is stated after charging:
2025
2024
Depreciation
Auditorfs remuneration
23.545
14,617
16,303
13,914
23

SHARE SCOTLAND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
13. Tangible fixed assets
Freehold
property
Fixtures and
fittings
Office
equipment
Total
Cost or valuation
At 1 April 2024
Additions
At 31 March 2025
470.766
23.379
174.818
13.053
187.871
668,963
13,053
682,016
470,766
23.379
Depreciation
At 1 April 2024
Charge for the year
At 31 March 2025
70.407
9,415
79,822
16.607
3.348
19,955
149.926
10,782
160,708
236,940
23,545
260,485
Net book valu8
At 31 March 2025
390,944
3,424
27,163
421,531
At 31 March 2024
400,359
6.772
24,892
432,023
24

SHARE SCOTLAND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
14. Fixed Asset and Current Investments
Movement in listed investments
2025
2024
Market value brought forward at 1 April 2024
Add: additions to investments at cost
Disposals at carrying value
Add net (loss}Igain on revaluation
Market value as at 31 March 2025
Deposit and capital accounts
Totsl
643,498
614,200
472,213
100,012
{194,709) (106,694)
28,909
35,980
892,093
643.498
13,120
20.635
905,213
664,133
Net cash released from investments in the year was (£150.000) (2024= £27.310).
All investments are carried at their fair value. Investment in equTties and fixed interest securities
are all traded in quoted public markets, primarily the London Stock Exchange. Holdings in
common investment funds, unit trusts and open-ended investment companies are at the bid
price. The basis of fair value for quoted invesknents is equivalent to the mathet value, using
the bid price. Asset sales and purchases are recognised at the date of trade at cost (that is their
transaction value). The significance of financial instruments to the ongoing financial
sustainabilty of the Charity is considered in the financial review and investment policy sections
of the Report of the Trustees (incorporating the Strategic Report).
The main risk to the charty from financial instruments lies in the combination of uncertain
investment markets and volatility in yield. In terms of specific risks induding foreign exchange
and credit risks. the charity uses specialist investment managers to balance and limit the overall
financial risk by operating a portfolio which provides a high degree of diverstfication of holdings
within a fairly wide band of investment asset dasses all of which are quoted on recognised stock
exchanges. In addition, the charrty does not make use of riskier derivatives or more complex
financial instruments in this area. Liquidty risk is expected to be low as all assets are traded in
markets with high trading volumes and not in any markets subject to exchange controls or
trading restrictions.
15. Current Investments
2025
2024
Term deposit
162,303
162.303
255,351
255.351
25

SHARE SCOTLAND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
16. Debtors
2025
2024
Trade debtors
other debtors
Prepayments and accrued income
1,047,814
725,215
58,987
44,756
420,606
305,298
1,527,407 1,075,269
17. Creditors: amounts falling due within one year
2025
2024
Trade creditors
other taxation and social security
other creditors
Accruals and deferred income
32,428
97,236
24,780
287,080
441,524
118,471
90,985
23.817
258.896
492.169
18. Deferred income
2025
2024
Balance as at 1 April 2024
Amount released to income eamed from charitable activities
Amount deferred in year
Balan￿ as at 31 March 2025
29,720
32.790
{29,720) {32,790)
88,731
29,720
88,731
29.720
Deferred income relates to payments in advance for Glasgow City Council and Edinburgh Cty
Council.
26

SHARE SCOTLAND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
19. Analysis of charitable funds
Anatysis of Fund
movements
Asat31
March
2025
Asat1
April 2024
Income
Expenditure
Transfers
Unrestricted funds
Service Replacement
Fund
Fixed assets
Total designated
funds
General funds
Reserves- Share
Scotland
Share Capital
Total unrestricted
funds
Restricted funds
Sensory Garden
Templeton Goodwill
Trust
VSDF Training Fund
Total restricted
funds
TOTAL FUNDS
235,891
432.023
235,891
421.531
23,545
13,053
667.914
(23.545)
13.053
657.422
1.649.791
70
5.812.385
(5.476.066)
(13.053) 1.973.057
70
2.317,775 5,812.385
5.499.611
2,630,549
20
2,910
20
4,410
1,500
20,903
23.833
20,495
(20,495)
408
4.838
1,500
2.341.608 5.813.885
5.520.106
2,635.387
27

SHARE SCOTLAND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
19. Analysis of charitable funds (continued)
Analysis of Fund
movements
Asat31
March
2024
Asat1
April 2023
Income
Expenditure
Transfers
Unrestricted funds
Service Replacement
Fund
Fixed assets
Total designated
funds
General funds
Reserves- Share
Scotland
Share Capital
Total unrestricteil
funds
Restricted funds
Sensory Garden
Templeton Goodwill
Trust
VSDF Training Fund
Total restricted
funds
TOTAL FUNDS
235.891
428,562
235.891
432,023
16.303
19,764
664.453
{16.303)
19,764
667.914
1,569.869 5.228.620
70
{5,128,934)
(19,764) 1,649,791
70
2,234,392 5,228,620
5,145,237
2,317,775
20
1.610
20
2.910
1.300
17,098
18.728
10.800
12.100
6.995
(6.995)
20.903
23.833
2,253,120 5.240.720
5.152.232
2,341,608
The unrestricted funds are available to be spent for any of the purposes of the charity.
The Trustees have created the following designated fvnds:
Service Replacement Fund - To ring fence monies due to be spent on replacement of
kitchens. bathrooms, hoists. etc. in accommodation occupied by sep4ice users.
Flxed assets - To cover the estimated costs of new premises within the appropriate time.
should the landlord invoke the 3-month notice period on the lease.
Restricted funds comprise the following:
Sensory Garden - Funding towards the sensory garden opening
Templeton Goodwill trust - Funding towards expenditure in charitable activities within the
Glasgow Postal Code area.
Voluntary Sector Development Fund (VSDF) Training - Funding towards the investment of
training of staff.
28

SHARE SCOTLAND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
20. Net assets over funds
At 31 March 2025
Unrestricted
Funds
Restricted
Funds
Total
2024
Tangible fixed assets
421,531
421,531
Investments
905,213
905,213
Debtors
1.527.407
1,527.407
Bank & Cash
217.922
4.838
222.760
Creditors
(441,524)
(441.524)
2.630.549
4.838
2,635,387
At 31 March 2024
Unrestricted
Funds
Restricted
Funds
Total
2023
Tangible fixed assets
432.023
432.023
Investments
664.133
664.133
Debtors
1.075,269
1.075.269
Bank & Cash
638.519
23.833
662.352
Creditors
(492.169)
(492,169)
2,317,775
23,833
2,341,608
29

SHARE SCOTLAND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
21. Reconciliation of net incomel(expenditure) to net cash flow from operating
activities
2025
2024
Net income for the year per the Ststement of Financial Acttvities
Adjustments for:
Interest received
Lossesl(Gains) on investments
Depreciation charges
(Increase) in debtors
(Decrease)lincrease in creditors
293,779
88,488
{36,719} (17,867)
28.909
(35,980)
23.545
16,303
{452,138} (430.171)
{50.645)
110.292
Net cash (used for)Iprovided by operating activities
193.269
268.935
22. Analysis of cash and cash equivalents
2025
2024
Cash at bank and in hand
Total cash and cash equivalents
60,457
60,457
407,001
407,001
23. Operating lease commitments
At the reporting date the charty had outstanding commitrnent for future minimum lease
payments under non-cancellable operating leases. which fall due as follows;
2025
2024
Restated
Due within 1 year
Due within 1 and 2 years
Due within 2 and 5 years
1.872
1.872
3,276
7.020
1,872
1,872
5,148
8,892
24. Share capital
2025
2024
Members. shares
70 (2024 - 70) Members. shares of £1 each
70
70
70
70
30

SHARE SCOTLAND
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
25. Pension commitments
The charity operates a defined contribution pension scheme. The assets of the scheme are held
separately from those of the charity in an independently administered fund. The pension cost
charge represents contributions payable by the charity to the fund and amounted to £140,309
(2024 - £159,792). Outstanding contributions of £26,193 (2024 - £24,290) were payable to the
fund at the balance sheet date and are induded in credrtors.
26. Funds held In trust
By the nature of Share Scotland's activities. the tharity holds a number of bank accounts with
money held in tTUSt for ￿rtain service users. These balances are not included in the accounts.
The total held in trust at the year end was £530.151 (2024 - £602.729).
27. Controlling party
In the opinion of the Trustees, there is no ultimate controlling party of the charitable company.
31