ANGUS SOCIETY FOR THE BLIND SCOTTISH CHARITY NO. SC008915 FINANCEAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
ANGUS SOCIETY FOR THE BLfND FINANCIAL STATEMÉNTS FOR THE YEAR ENDED 3Q SÉPTEM8ER 202$ CONTENTS P•o•1•1 R•port ol th• Tru•ts•• Inil•p•nl•nt Examln•r'• R•port Statorn•nt of Flnanclal ActlvltS0¥ B•l•n sh1 Accountlng Poll¢l•• 8.10 Not•s to th• Flnancl41 St¥t•m•nt•
ANGUS SOCIETY FOR THE BLIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025 Th• Tru$t•es have pleasuro In presentlng thdt R•porL Prlncipal Poll¢les to A¢hl•¥e Obl¢¢tl¥ The Tru51 Is u51n9 income to pay for akls for Cnts an¢J for Lli¢e¢i finanoal grants to clients particular r8quirement5, resul9 from thelr blindn8ss. Th8 SLKiety is sUpW"rfj the of N¢xth East Asensory Semces, who hold the ¢ontract lo provide services to the bliThJ aYKI pa"allY ghled in An&Mts. to ensure that tr maximum b8n8fit Is achieved from the contract. Investment Pollcy aFKI Pvrfornwttr¢e TheTru$teÈs have th8 of investnEnt a5 1$ uenefamy app)inled to the Trustees and there are no SFeufic policie5 laid do. The Socaety retains in the BanklBuiklwy Soclety accounts. suffioent reserve5 to (Jver 8 yearfs expected costs. The bak8n¢e of Lv4uJ Reseryes are invested in a b)wlnWium iisk Portfdio. Flnanclal Information & Futur Developments The prow$ion of Servi for blind clients in An is the re4M)nskn"lrty of Amgu5 CCMJl have contracted vAth North East Senstyy Services to provide the service. Angus Socty re(%T¥es a quarterty rewt from North East Sensory ServKe5 on work Car oui and is abo in dlrect ttffjtact wnth the RehaixiitatM)n Worker lo disvJss granl applicatitsns etc. The Society contnbutes lo Ihe rmt ol the Sery. supwtiry %Kxkers vtho spec4alise in IT services arxj the Youn9 Peoples Sooal acbvrties. The S[ty also rneet5 the LY)5t ofthe office a¢comnKMJ8tp)n in Angu5. The Society has Trus• who Is aL80 a Turstse of NESS. thus slrengthening the ctrcperatHXs beln Ihe ¢hathes tc* our mulual benefiL Reserves Poll The StY is airning lo k¥e5eive its Cathi utih.se lh8 ih8r8on to 5upkMyi and partially- 5ighled peopk of Angus. The lor Ihe year was aU Spent in paynents to Ihe bliThJ c4ients. Page 1
I0v8 80CIETY FOR THE BLIND REPORT OF T¥E TRUSTEES YUR ENDED 3D SEPTEMBER 2025 Icontlnuedl SCQThISH CHNJirrY No. 5C.008915 ADDAES8.. 1 Cotton ol Colli$lgn. Collis1¢n. Arath DD11 3RR TrEASURER & SECRETARY Mrs AIIBon Scothern 1 Cotlon ol Cdlist. Colli$ton. AReROATH DD11 3RR INoepENOENT EXWIINEA Jonnil•r Wolsh BAIHon51 FCCA P8rtnor èi Ine Ad8m$on Chort•r•d Accounianis And Ch•rt8rad Tax Advi1• 7 Sl Mal¢uim'8 Wynd Klmemuir Angu8 DIRECTORS.. Th• Tfu•t••* for th• p••t 11w•1• •• follow•'.. Rov Brl8n Rom#8y ilrs Jean 8iook8 Mr$ j180 Scoihgin Mi8 Joan S. si0n807 Mis Helen Nicoll IAr8 Elt8nor Bvllers Mi¥ Chrl•lln¢ DDkera Me Chn•iin• Forgue IGh•lrm•nl Qo¥•rnlng Do¢um•nt The Trust16 8 S¢vlll8h Chariiabl8 In¢orporai8d Org8nl8aiion and the purp)805 8nd 8dminl$lr8llve •rrpngomenl¥ ore ¥el out In our ConBlilullon. The Truii wa• COn&liluled on 14th September 2012. tna look over tho owiaiim of Forfarshlrv Socieiy l(K the Bund. con1ltIOn Ind Obl•cts The of Ihe TruBI 18 to blind aryj pBrtIBlly4ighl perBun¥ ITr ochi•v• tho m9mM degleo of Independencv, ood physi¢al and amou81 adlu$imenl to Ih8ir dig8biWty and lo compon them, where 8ppropri4te. by financial ond sociel 5UPPOrt. Pag8 2
NGUS SOCIETY FOR THE BUND REPORT OF THE TRUSTEES YEAR ENDED 30 SEPTEM8ER 2019 Icontinuedl Recruitment and Appolntm¢rt tsf Tru$tes Under the requirernent5 01 th8 Sle5 ConslityJthw. Tru5es a elected for or year only until th8 next Annual General Meeting. When a Trustee resigns. rea¢eMentS are nornina by other Twst885 With the 3iffl of havirvj repre5tatK)n from Ghents. a Va of profess1 bk9rTrs geL¥raphKal coverol the area. Rlsk Managoment There are no financial risk5 knowm to the Truslees. Requests 4)eTral akjs. equipment &tc continue lo grow, wmh the easing ol resirfrli0s after the patklemic. the number ol VIlS Is grwThJ and dernand5 for aids etG Is grO%n9. as well as Ihe costs as swe swialised items are very expensive. The ha5 funds lo rn1 expected demand over the next few years. Trustees. Responsibiliti• The Trustees are reSp)nsi8 for pr8pariThJ the ReFQrt 01 th8 Truslee5 and the fHrKial slatents in a(%dance 1h applicablp Law and United Klrvj( A¢xwntMig Standards (United Kingjorn GerllY A8Pted AccotIng Prac1. The law applicable to charitEs in Scouand. Ihe chwts.es and Twiee Investmenl {Stland) Acl 2005. Chariti8S Account5 IS¢otlandl Regulatson$ 2006 amerM1edl and the pYo¥is$ of the charity5 constiluts'on require5 the trustees lo pr8pare financial statements for eath finan081 year which give a true aThJ tsir viow of stat• of affairs of Ihe chanty and of the incorning resources and #p1¢8b ol resrs, of the ttnty for that wic#l. In preparing those financsal ststemenis. the Trust8es are reqtjired to.. sèlect suitable accountiNJ policies and then appty them crySteny.. obsÈrv8 the thodS and prine$ in th6 applicable Charitses SORP- make jud9ernent and estirnates thal are re#S(ate atHI prudeni", prepare the finantial statements on a gc4rvJ o)ncem basi5 unless il is irw)kXDpriate to pTrsumè that the charity wll continue in busine5S.' state %thether applicable accwnting standards and staternents of tecomnThJed kxa¢ts"ce have bgen folbmd. subieel lo any departures discbsed and expla'ned in Ihe financial Sts¢emEnts. The Trustees are reSponsie for kee9 proper #ccwntiry M¢h disdw with reaa1)I8 acrxjracy at any tlrn8 the financial position of the charity and to enab Ihem lo ensure that the financial statem?nts cornply wrth the Charities and Trusteè Investment Iscouandl Act 2005. the Charits"es Acctyjnts Iscoljandl Regulatson5 2CQ6 las a[ed) and provisions of the charilvs conslituticfi. They are also p)nb for safe9uartling the a$5ets of the charity and henc8 for laking reasonabK8 Steps for Ihe prevenbon and deteL#1 of fraud and other irrewkribes. Apprtsd by lh• Trust$ and $lgntd on thelr behall by:. Rèv Brlan Ramsay Chairman Page 3
INDEPENDENT EXAMINER% REPORT TO THE TRUSTEES OF ANGUS SOCIETY FOR THE BLIND FOR THE YEAR ENDEO 30 SEPTEMBER 2025 I report on the accounts for the year ended 30 Septemter, 2025 are sei pages 5- 10. R•swdfv R¢8ponsSbllltles of Trusiees and Examinvr The charity's trustees 8re responsible for the preparation of the atxoufits In ardance V¢ith the tem1$ of tre charib.es and Trustee Investrnent (Scollandl Act 2(X)5 and the Charities Accounts IScoUandl Regulats"ons 2006 las 8mendedl. The charrty trustees conwder that the audit requifernent of Regul8tion 1W1118l to Icl of the Accounts Regulations does not appty. It is my re$p)sibility to 8rnIn8 Ihe accounts as required under Section 4411 Ncl of the AL1 and to slate whether partKAJlar matters have come to my attention. Basls of tho Independont •JÈamln•f$ r•port My examinatson was eamed out in accordance wilh RegUlai 11 ofthe Charibes Accounts Iscottandl RegulatKJns 200618s am&rnleill. An examination incljdes 8 Tewew of the accounting rg¢ords kept by the charity and a comparison of the accounts presented with those records. It also Includes considefation of any unusu81 items or disd05we5 in the accounts. and seeks explanations from Ihe trustees conceming any such mallers. The procedu9 undertaken do nol provide all the evhlence that would be required in an audc ar%J c(xtseouentty I Th)1 express an audii opinion on the wew gen by the accoun15. Ind•pendent examinerfs ¥tatement In the course of my examination, Tho matter has com8 to My att8nbon'. 111 which m8 rgasMabk8 cause to beIve that. in any rn418rial resp&cL iho r8qulrem8nts lo keep 8ccounting recofds in acc(thnce wlth Seth)n 4411Mal ofth8 2(M)S Act Regulatico 4 01 Ihe 2006 Account5 Reguli0nS las amerwJeJl.' aThY io pr8par8 accounts which accord with Ihe accounbtyJ records to compty wth RegtsL8tion 8 of th8 2006 Accounts ReguL4tions la5 amend8dl havg bB8ll met or 121 to hvhich. in my opnion. attention $hryJld be iJran in order to 8nabl8 8 prop8r understanding of the accounts lo bE* reached. Jennifer Welsh BA(Honsl FCCA ine Adam50n Chart8red Accounlant5 and Ch8rterv<J Tax Adviws 7 Sl Malcolm's Wynd Kirriemuir Angus DD84HB Dai8 '. 21 May 2026 Page 4
ANGUS SOCIÉTY FOR THE BUND STATEIAENT OF FINANCLAL AUMnES FOR THE YEAR ENDED 30 SEPTEMBER 2025 Unr••trlcted Fund• Tot#1 Funds 30.9.25 Fund¥ 30.9.24 No¢•• INCOME Donations and Legacies Income from charlt4bl• Ithlvltl Other Incorne Inv•stm•nt In¢om• Totsl Income 39,504 39,534 39.504 39.534 36.138 37.032 CHARITABLE EXPENDrruRE Exp•nlltur• On ¢harltsbl• actlvltl•¥ Paym8nls to and on behaff of the 81ind 75,056 75.056 67,450 Totsl •xp•ndllur• 75.056 7S.056 67,450 Net Incomellexpendltur• befor• g•lns •nd lo••¥ on Inv•strn•nts 35.522 35.522 30.418 Nel galng11199¥881 on Investments 40.119 40.119 75.579 N•t mov•ffl•nt• In fund for th• y••r 14.5971 14,5971 45.IBI R•¢on¢lll•llon of fvnds.. Totsl fund¥ brought lorw•rd Tot•1 lund• corrf•• fon¥ard 1.169.980 1.189.980 1,124.819 1.174,577 1,174,577 1,169.980 Page S
ANGUS SOCEfY FOR THE BUND BALANCE SHEET AS AT 30 SEPTEMBER 2025 30.9.25 30.9.24 FIXED ASSET8 Inveslm8nts 1.078,198 1,076.198 1.083.116 1,083.116 URRENT ASSETS Oeblors C35h al Bank and In Hand 25.535 76.221 101,756 25,520 66,106 91.626 LIA8ILETIES Credilor5 18llng due *lthln y••r 3.377 4.762 NET CURRENT ASSETS 98.379 NET ASSErs 1,174,577 1,169.980 FUNDS Unresirlcied Total charlty lund¥ t,174,577 1.174,577 1.169,980 1,169,980 A4>prov•d by th• Trust• on 20th M•y, 2026 •nd •bgn•d on th•lr b•h•ll by: R•v 8rlan Ram•ay Chalrman Ptye6
ANGUS SOCIETY FOR THE BUNO ACCOUNTING POLICIES FOR THE YEAR ENDED 30 SEPTEMBER 2025 Th8 pllncipal accounting w)licies ad¢)pted, hève t4en applied consis¢enUy in th8 current and preceding year Sn dealiNJ %th item8 which are ccfi5idered mawri lo Ihe accounts, ar8 set out belLW. Bas1 of A¢¢ount• The financial siatemgnls hav8 teen prepargd in accordarte wth AOUntIng and Repth"w by Char¢ti88.' Stat•ment ol Rcommende<l Pr8ctica applicable to chwibos preparry th8ir account5 in accordance wlh the Financial ReFrfyting Slatrs appii¢aN8 in th LIK and Rrf)ublic of Ireland IFRS1021 i8$U8d on 76107114 8nd th• Finanual 8rt siarK1ar¢ 8Wubl8 in th• UK and Ropubllc ol Ireland IFRS1021. the Charibes aThJ Tntslee Investmenl ISwiiaThJl Act 2005 and the Charitva5 Ac¢ouTht¥ (Scolandl ReguLqlions 2Crf)6 las aThxnj). Fund Aecountlng Fund8 are cl8s8ifi8d either a$ fund6 or unrn$Lrict8d funds. defined as lolloY.' Unre$lncle¢ fund5 ale expandabl• 81 lh• ¢Ji8¢rtH)n of the tyusi•es In bjrther8r0 ol th• obitieis of harity. 11 parts of the unreithdod funds earrnorkgd al Ihe disu01 ol Ihe tnJsie•$ for a p8rtKular purpose. Ihey are tle$wJnat•O as a porale lund. Tfv5 dwnation ha8 •n 8dmini$trati¥? purp088 onty and does not legal re6tn.ct th¢ truslges, dYacrelpJn to appty the hJnd. Donatlon•. L•gacl•• & Slmllar Incom• DOnatn8. general legacies 51rni ifj¢orn• ar• Iuded in Iho y•ar in whith they #re rec•iv8bl•, which is when the ehanty bpcome$ entilled to ts regource. Leg8eigs bOQUOOlh8d lor speryfi purpose8. on tsmis crgote a tyndlng trutsi. 81• OccnI10 fw as funds h•kJ Ic r•strlcled purpo. Inv••tm•nt Incorn• Income Irom In¥•61m•nts Is r•cognls•J In ypw In It r8c•fv8b. Expondltur• All exp8nditure Is included on •n JJ¢uu•ts b881$ 8rKI Is recogTrYad Ihere li • legol or nslructive obligalion lo pay lor expgndilure. Wl &)$ have been dir8clly 8ttribul8d lo one of the function81 cat8Wri8s ol r9stre8$ expended In the SOFA. The Charity is not r8gi5tored VAT 8nLI acrding eMnditUffj is shown gross of Irrecoverablg VAT. Inv•stm•nt• Fixed asset invtstrnonts aro stsl•d at rnwket ¥ye at bolarKe sheel dale. unroa11 galns k)$ represent the differCe bewn lh• market vahJe al Ihe beginnirvj 8ThJ end oi the financial year or. if purchased In the year. Ihe diiference cosl and rnarkel value al Ihv end of the year. Realised 9ains and kJsse$ represent the drflerence belhwn Ihe proceed$ M disrK)sal and the rn8Fkel V81ue at Ihe Start of th ygar or COBI rf purchBsed in ts yew. Page 7
ANGUS SOCIETY FOR THE BLIND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 30.9.25 30.9.24 Donations & L*¢195 88qU85ts, Legacies & Donauons etc. 30 894 Paymentg lo and on behalf of bllnd ijnrestrlcted fund8 Benevolen Aids Costs of generating funds Office Expense5 for NESS workers in Angu$ Management and adtninislration (see not8 31 Awareness Days ot¢ Gov?manc8 COSt1588 note 41 Contribution to YPSS an4 trc work don8 by NESS 740 12.720 7.712 7,160 9,048 7.572 S,790 1.487 267 240 37.000 67.450 252 50,000 75,056 Manaoemgnt and admlnl$tro¢lon Se¢relarytrreasurefs Salary Posts. Stationery & Advertising Tr8vel Expenses M881ing Expenses MiscglLgnOUS 875 1.330 107 48 126 48 1.487 1.611 GoverDanGe Co$ts Independent Examinerfs Fee 252 240 TfU5tee$ Remun?ratlon and Related Party Transactlon8 Trustees are not remunerated for Iheir servi¢es as trustees. During the year. Alison Scothem cled as secreiaryltreasur art¢ was paid £8751£1,330- 20241 for h8r s8rvices. £81£30 in 20241 for tnileage an¢ £771£92 in 20241 for telephone elc. Page 8
ANGUS SOCIETY FOR THE BLIND NOTES TO THE FINANCIAL STATEMENTS Iconl.) FOR THE YEAR ENDED 30 SEPTEMBER 2025 30.9.25 30.9.24 Fixed As5gt Investm•nts Market Value brought forward Add.. Additions to investments at cost Cash introducedllwithdravml Disposals at carrying value Nel Gain (Lossl on Revaluat*)n Market Value at 30 September 2025 1.083,116 34,924 1,105,127 64,633 181,9611 40.119 1.076.198 145.1191 48,475 1,173.116 Listed UK Securities Cash at Stock-Broker 1.042.928 33.270 1,076.198 1.021.8r 11.310 1,033,116 Debtors Investment income Prepaid contribution YPSS and ITC 535 25,000 25.535 520 25.000 25,520 Liabilitie5 Other Creditors and Accru$ 3.377 3,377 4.763 4.763 Page 9
ANGUS SIXIEfY FOR THE BLINO NOTES TO THE FINANCi4L STATEMENTS l¢onLI FOR THE YE*R ENDeD X+ SEPTEMBER 2025 B•l•nc• InMmSn9 Ouigolng at 30.924 R•wJrc•¥ R•T¢•1 R•v•. lu•tlon at 30.92S Mov•m•nt Fund• Unr••til¢t•d Fund• General Funds T•thi Fund• 1,169.980 1,169,980 39.534 39.534 75, 75.056 40.119 1.174,577 40.119 1.174.577 PagE 10