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REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 Charity number: $C009248 & U EDINBURGHSPORTS UNIOU **N** IVERSITY REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 CONTENTS LEGAL AND ADMINISTRATIVE INFORMATION EXECUTIVE COMMITTEE’S REPORT STATEMENT OF EXECUTIVE COMMITTEE’S RESPONSIBILITIES PAGE 2 5 12 INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF EDINBURGH UNIVERSITY SPORTS UNION STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEET STATEMENT OF CASH FLOWS NOTES TO THE FINANCIAL STATEMENTS 1 ## S U EDINBURGHSPORTS UNIO U **N** IVERSITY LEGAL AND ADMINISTR ~— IVE INFORMATION Membership ommittee and | Meeting held mittee: 2 ## S U EDINBURGHSPORTS UNIO U **N** IVERSITY LEGAL AND ADMINISTRATIVE INFORMATION 20 ‘the m uly ee 3 serve ## & U EDINBURGHSPORTS UNIOU **N** IVERSITY LEGAL AND ADMINISTRATIVE INFORMATION Charity Number: $C009248 Principal Address: Edinburgh University Sports Union 48 Pleasance Edinburgh EH8 9TJ Auditor: RSM UK Audit LLP Third Floor 2 Semple Street Edinburgh EH3 8BL Bankers: Bank of Scotland 300 Lawnmarket Edinburgh EH1 2PH 4 ## & U EDINBURGHSPORTS UNIOU **N** IVERSITY EXECUTIVE MITTEE’S REPORT FOR THE YEAR ENDED 31 JULY 2025 The Executive mmittee are pleased to submit their report and audited financial statements for the year ended 3 July 2025. The financial statements have been prepared in accordance with the accounting po —_s set outin note 1 to the accounts and comply with the charity’s Charter, the Charities and Trustee | tment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and counting and Reporting by Charities: Statement of Recommended Practice applicable to charities pr __ ring their accounts in accordance with the Financial Reporting Standard applicable in the UK andR lic of Ireland (Charities SORP (FRS102)). ~~Structure,Go_ _ nance and Management~~ University of E burgh Sports Union, trading in Scotland as Edinburgh University Sports Union (EUSU) is an unincorpor association constituted under the Charter of the University of Edinburgh (UoE) and is registered as parate charity from them with charity registration number SC009248 and registered office of 48 Pleasan Edinburgh, EH8 9TJ. The activities of the Sports Union are governed by its Constitution and By-Laws. Committee Members and Staff The position of Sports Union President is a one-year student sabbatical post. In addition, there are eight full-time and three part-time Sports Union members of staff— one Sport Programme Manager, one People and Participation Manager, three Sports Co-ordinators, two Sport Participation Activators, a Coaching & Volunteering Academy Intern (part-time), a Tennis Co-ordinator (part-time). and an Accounts Manager (part-time). We employ one full-time member of staff to lead on the Volunteer Zambia project. EUSU pays 1/7 of their salary with the other 6/7 being split equally between the 6 other Wallace Group Institutions (Durham, Loughborough, St Andrews, Stirling, Cardiff Met and Northumbria). The Executive Committee is the main decision-making group of the Sports Union, and any changes to constitution are proposed by the Executive to the EUSU General Committee of all clubs for approval. All EUSU committees and sub-committees are chaired by a member of the Executive Committee as an elected representative of the student body. Changes to policy are discussed and decided by the Executive Committee with execution being delegated to staff. All Sports Union and club executive committee positions are held by students. The EUSU Executive Committee is elected at the EUSU AGM. The EUSU sub-committees (Finance/Blues & Colours) are elected at the Executive Committee Summer Meeting. Alongside these groups, our Intramural Committee helps coordinate key areas of our offering and members are selected through an application-based process. All Sports Union and club officials are given comprehensive training, delivered through a series of workshops, training and handover sessions at the end of the previous academic year and beginning of the new year. This training is reinforced by continual staff support throughout the year to ensure a level of professionalism and continuity in their roles. Remuneration of Management Personnel The Sports Union President is one of the University’s Laigh Year officer-bearers and therefore governed by the ‘Laigh Year Regulations’. These regulations specify the conditions of the Laigh Year award as well as the application process, which is managed by the University Court. EUSU follows Section 3 of these regulations, which outline the payment of Laigh Year office-bearers, with regards to payment of the President. The Senior Treasurer is given an Honorarium each year, the value of whichis initially set by the President and Honorary Treasurer. This value, along with the full budget, is proposed to both the Executive Committee and the Finance Committee for consultation and approval. The main benchmarks for setting this value are 5 ## & U EDINBURGHSPORTS UNIOU **N** IVERSITY EXECUTIVE COMMITTEE’S REPORT FOR THE YEAR ENDED 31 JULY 2025 the hours spent assisting the President and Honorary Treasurer in financial matters as well as attendance at fortnightly Finance Committee meetings in an advisory capacity. Volunteer Disclosure The Sports Union is supported by nine Executive Officers who, in addition to the President, make up the Executive Committee and support with the running of the organisation. These roles volunteer on average between six and twelve hours a week during the academic year. Each Officer is responsible for a workstream and leads on a number of projects throughout the year with the support of EUSU staff. Additionally, the Executive Committee are free to work on other areas which they feel will add benefit to the wider Sports Union. Descriptions of the office-bearers’ roles are available on the EUSU website. Related Parties EUSU hasa relationship with one major party, the University of Edinburgh (UoE). EUSU is self-managed and funded primarily by the UoE. EUSU works in partnership with the University’s Edinburgh Sport department who support with the facilitation of sport by providing EUSU with discounted access to high quality sport facilities. ~~Objectives and Activities~~ The 2024/25 academic year has been another record-breaking year for Sport & Active Wellbeing at the University of Edinburgh. A joint venture with the University’s Sport & Exercise department, with input from Moray House School of Education and Sport, the refreshed vision for Sport (2030) aims to establish the University of Edinburgh as a global leader in Sport and Active Wellbeing. OUR VISION To unleash the power of sport and active wellbeing to create people who can positively impact the World. OUR VALUES Ambition — Belonging — Belief OUR NARRATIVE Our World — Your World — The World OUR AIMS HOLISTIC DEVELOPMENT THROUGH SPORT AND WELLNESS: Cultivate an environment where sport and active wellbeing initiatives contribute comprehensively to the personal, academic, and professional development of students, staff, and the wider community. GLOBAL LEADERSHIP IN SPORTS PERFORMANCE, DEVELOPMENT, SUSTAINABILITY AND INNOVATION: Position the University of Edinburgh as a global leader in sports performance, development, research, social responsibility and sustainability, and innovation, by fostering an ecosystem of excellence, inclusivity, and cutting-edge practices in sport and active wellbeing. Significant achievements for the year are outlined on the following two pages. 6 ## & U EDINBURGHSPORTS UNIOU **N** IVERSITY EXECUTIVE COMMITTEE’S REPORT FOR THE YEAR ENDED 31 JULY 2025 **==> picture [66 x 10] intentionally omitted <==** **----- Start of picture text -----**
Memberships:
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i 4 ° © Mast ever club and intramural
: Unique Speapelia 8,976membershipsclub memberships sold with and Qe7.54%
: 8.512’ 1,91 1 intramural memberships increase in IM members from 2023/24
Intramural and Recreational Sport:
202 3 1,266
7.54% teams competing in IM a—-_
: Increase in IM members from 2023/24: cas : in 10 sports
efRSSD 213%
; increase in society representation
; Teanik inlesstacel xe 47 societies now have teams competing in IM
a new intramural programme 16 represent international student societies
this year
19 ofthe 21 ©
; : A
nowacademic representedschoolsin 1M NZ 210
: 11 School Sport Coordinators support this programme, students atiended the Edinburgh Games
4 (tul capacity) — event aimed at increasing
of which were newly recruited in 2024/25 tern student engagement in sport 3
Competitions:
: 1,300 5th : 130
in overall BUCS table BUCS teams,
: SUCS fixtures : (4500.83 points) : 15 new compared to 2023/24 :
| Ww : NE
7 : "1 = 7
: = promotions across all leagues, “Y/ { \\
; 17 league winners :2 ewPAT thewith top 3 teamsdivision promotedfor their sport into \
; 9 cup finats Hs
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7 ## & U EDINBURGHSPORTS UNIOU **N** IVERSITY **==> picture [346 x 9] intentionally omitted <==** **----- Start of picture text -----**
EXECUTIVE COMMITTEE’S REPORT FOR THE YEAR ENDED 31 JULY 2025
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## Events and Social Media: **==> picture [417 x 555] intentionally omitted <==** **----- Start of picture text -----**
: | ) i Launch of
3 7,200+ 2,000 (capacity) UoESport.tv
: students attended Sports Fair attended the EUSU Sports Ball across 13 weeks of activity:
besseeeeseteneseaseeesscsateeesesbenaeeteatotateraavednaasasssaeasssaretansestasnessayenetagaeasntateuanes 83 fixtures across 15 clubs (40 teams}
BLUES @ 6,468 views and 2,480 hours of sport
& a watched in 52 countries
COLOURS sca 2,928 active users with 52% paying
: : subscriber conversion rate
3 142 3 4,534
: Blues and Coloers awarded : attendees at the Hive for Men's
: Scottish Varsity Match
Coaching and Volunteering:
‘E \ig
858 v - Students completed91 the Edinburgh Award
club committee volunteers programme to enhance the volunteering,
and 387 coaches 217 coaching experience within Sport through
students from 69 clubs skill development
trained as Active Bystanders
3 — : 28 7 = |
ofefe
i: ?gtst 693 :
2: travelled2 students to Zamblaand to1 staff participatemember inthe ;=: —— 5 alread= atc :i £5,000 ::
: Volunteer Zambia programme : peste & Development Week : contribution towards students undertaking
: with the Wallace Group : : Coaching and Officiating Courses
: BIE pilot projectVolunteeringto record data on volunteering Hours hours of Projectour committee members.
= 102 With the data extrapolated to 100% participation across all committee members,
2 estimated annual value of their contributions of £2M
; students participated in
: ConcussEd training
Performance:
: => £8,140.38 HighestBUCS scoring team: points:Men's Hockey 1s
awarded through the Representation Fund to enablesupport yeeee
: athletes" participation in high-level sporting events aa
: NOTE: this is a separate fund fo the centralised University support pace paartrier eS,
: with additional spend this this financial year) i
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8 ## & U EDINBURGHSPORTS UNIOU **N** IVERSITY EXECUTIVE COMMITTEE’S REPORT FOR THE YEAR ENDED 31 JU 025 ## Financial Review The Sports Union Statement of Financial Activities for the year ended 3 of £81,809 (2024: surplus of £3,544). uly 2025 shows a surplus The grant received from the University of Edinburgh was £867,500 (202 89,500). The Sports Union accounts only include details of income and expenditur der its direct control. Typically, direct expenditure on clubs is seen to make up roughly 50% of the Sp Union’s overall costs. Other income and expenses largely consist of running student events, where th ome and expense net against one another. The Balance Sheet assets largely consist of the Union's balances while the liabilities represent accruals and deferred income. Net assets have increasedin li ith the surplus for the year; in particular debtors have increased due to the timing of receipt of grantfun g from the University. The Sports Union is committed to providing efficient and beneficial adm rative and financial support to facilitate the continued rise in sporting standards at Edinburgh University. The 2024-25 financial year was the first year since the COVID-19 pandemic in which the Sports Union was budgeted to break even. This follows three years of budgeted deficits designed to reinvest the surpluses previously generated due to reduced activity during the pandemic. Reserves Policy The Sports Union holds £257,439 (2024: £183,475) in unrestricted general reserves. This is to cover unforeseen expenditure and for the purchase of fixed assets. This would also cover for any reduction in UoE grant funding and any loss made in the previous year. The reserves aim to cover at least two months’ worth of general overheads (circa £70,000) if any unforeseen funding shortages were to occur, and currently the reserves balance is sufficient to cover this amount. Restricted reserves at the year end totalled £20,440 (2024: £24,034) and relate to funds provided specifically for four programmes: the International, New and Postgraduate students fund, which aims to improve the new student experience; the Culture & Behaviour training fund which supports clubs to receive training from external providers relating to improved culture and wellbeing; the Concussion Education fund which supports awareness and understanding of concussion; and the role of the Tennis Co-ordinator for which restricted funds have been provided through the Lawn Tennis Association. The Sports Union’s ‘Equipment Replacement’ Scheme falls into the category of being a designated reserve and has a balance of £103,374 at the year-end (2024: £91,935). The Equipment Replacement Scheme looks to reduce the likelihood of certain ‘equipment-intensive’ clubs making repeated and large-scale applications to the Equipment Fund, leading to a negative impact on other club applications. The scheme is designed to encourage clubs to take responsibility for their own equipment needs and be proactive in their actions, rather than relying solely on Sports Union financial support. Within the scheme, EUSU sets aside money each year, alongside the clubs on the scheme putting aside some money, with the aim to replenish outdated large-scale equipment. The spending of the designated funds is outlined in the individual club’s replacement plan which is approved by the Finance Committee. Clubs are encouraged to review their Equipment Replacement Scheme on a regular basis to ensure the planned expenditure remains in line with the club’s needs. At present there are 22 member clubs that make use of the Equipment Replacement Scheme; namely American Football, Archery, Boat, Canoe, Fencing, Gymnastics, Kendo, Mountaineering, Rifle, Sailing, Skydiving, Sub-Aqua, Table Tennis, Trampoline, Triathlon, and Windsurfing & Surfing, as well as those involved in the Mats Pool scheme (Jiu Jitsu, Judo, Karate, Kickboxing, Muay Thai and Taekwondo). 9 ## & U EDINBURGHSPORTS UNIOU **N** IVERSITY EXECUTIVE COMMITTEE’S REPORT FOR THE YEAR ENDED 31 JULY 2025 Fundraising Activity EUSU values the importance of fundraising through both sponsorship and donation. Each year a target is set for sponsorship funding to subsidise the cost of running our various programmes, as well as additional larger event costs. This year £16,500 in sponsorship income was secured (2024: £14,000). £16,500 of sponsorship income has been secured for 2025-26. Future sponsorship opportunities and avenues are being explored throughout this year. Expanding the use of the 1866 Alumni Fund (general alumni donation fund for EUSU) is being explored as an avenue of fundraising development for the Sports Union. In the summer of 2018, EUSU entered into a partnership with the Wallace Group, supporting the initiative, ‘Volunteer Zambia’ to promote sports development for young people in Zambia. The partnership's mission is to make a difference to the lives of young Zambian people by empowering and enriching communities, through the power of sport, leadership and education. In the summer of 2025, EUSU sent four students and one staff member to Zambia to work alongside the Zambian non-government organisation Sport in Action. EUSU fundraises throughout the year to support the initiative and will be continuing with the programme in 2025-26. Major Risks and Uncertainties Due to the annual grant received from the university, EUSU as a charitable organisation is exposed to few major risks. The potential risks identified are: e Loss of partnership with Sport & Exercise and consequent loss of discounted facility hire e Decrease in University grant value (nominal or real) e Lower uptake in EUSU memberships e Lower uptake in club memberships increasing reliance of clubs on EUSU funding e Higher than expected delivery costs due to mid-year inflation To mitigate such risks the established systems in place are: e EUSU & S&E Memorandum of Understanding e Utilise EUSU reserves to cover unexpected losses e = Flexibility of annual funding for clubs ~~Going Concern~~ Funding of EUSU by the UoE is confirmed for 2025/26 (with 50% funding already received). The following will also secure our operations going forward; 1. Astrong balance sheet — holding considerable cash reserves. 2. All liabilities, including fixed costs for the next 12 months being able to be met from UoE grant (already confirmed). 3. Discretionary funding allocated to clubs by the Finance Committee and staff has the potential to be reviewed mid-year should there be concerns about the Sports Union’s ability to deliver its core activity. 10 ## S U EDINBURGHSPORTS UNIOU **N** IVERSITY EXECUTIVE COMMITTEE’S REPORT FOR THE YEAR ENDED 31 JULY 2025 ## Future Plans The main focus of the Sports Union will continue to be supporting the core activity of our members, programmes, and clubs through facilitating high quality sports training and fixtures, and coach and volunteer training and development. We will continue to advocate for the vital role sport plays in establishing a sense of belonging, building community and supporting students to flourish and thrive during their time at University. As such we will continue to actively look for opportunities to integrate our activities into the wider University community. We will continue our work to involve traditionally underrepresented groups in sport, further widening our reach and increase the numbe students engaged in sport, with particular focus on supporting and developing initiatives and activit aimed at Post-Graduate Research (PGR) students and International Students. We aim to enrich the student ex __ience, by transforming and developing our student leader, by refining our extensive Coaching and Vol ering Academy offering. We will work w eir programmes and enable greater success within inter-university competitions, in help clubs find creative solutions to challenges that may hinder club development, s ding issues, and will continue to develop our mechanisms to support students and e pace for all. High student en tion are our overarching targets, and we look to continually improve this through 20 EUSU President focuses include wellbeing support for Wellbeing Officers, widen te School educated students and improving inter-club connections. Auditor A resolution for General Meetin RSM UK Audit LLP, as auditors, will be proposed at the Annual Statement as ditors In so far as the e e he time of approving our trustees’ annual report: nformation, being information needed by the auditor in connection port, of which the charity’s auditor is unaware. made enquiries of fellow Trustees and the charity’s auditor that they ally taken, have each taken all steps that they are obliged to take as make themselves aware of any relevant audit information and to tor is aware of that information. ive as approved by the Executive Committee and signed on their 11 RGH UNIVERSITY SPORTS UNION ENT OF EXECUTIVE COMMITTEE'S RESPONSIBILITIES YEAR ENDED 31 JULY 2025 tive Committee is responsible for preparing a report and financial statements in accordance with law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting plicable to charities in Scotland requires the Executive Committee to prepare financial statements for which give a true and fair view of the state of affairs of the charity and of the incoming resources and of resources of the charity for that year. these financial statements, the Executive Committee is required to: able accounting policies and then apply them consistently; e methods and principles in the Charities SORP; ements and estimates that are reasonable and prudent; ther applicable accounting standards have been followed, subject to any material departures disclosed ed in the financial statements; and - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The Executive Committee is responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and the provisions of the charity's constitution. It is also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. -12- NDENT AUDITOR'S REPORT TO THE MEMBERS OF EDINBURGH SITY SPORTS UNION udited the financial statements of Edinburgh University Sports Union (the ‘charity’) for the year ended 31 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows to the financial statements, including significant accounting policies. The financial reporting framework een applied in their preparation is applicable law and United Kingdom Accounting Standards, including "The Financial Reporting Standard applicable in the UK and Republic of Ireland" (United Kingdom ccepted Accounting Practice). ion the financial statements: a true and fair view of the state of the charity’s affairs as at 31 July 2025 and of its incoming resources pplication of resources, for the year then ended; been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; been prepared in accordance with the requirements of the Charities and Trustee Investment (Scotland) 005 and regulation 8 of the Charities Accounts (Scotland) Regulations 2006 (as amended). s pinion e een appointed as auditor under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 05 eport in accordance with regulations made under that Act. e cted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable . sponsibilities under those standards are further described in the Auditor’s responsibilities for the audit of al statements section of our report. We are independent of the charity in accordance with the ethical U ts that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical an nd we have fulfilled our ethical responsibilities in accordance with these requirements. We believe that a vidence we have obtained is sufficient and appropriate to provide a basis for our opinion. nclusions relating to going concern In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, 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 concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described relevant sections of this report. in the Other information The other information comprises the information included in the annual report other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, we do not express any form 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 otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. -13- D T AUDITOR'S REPORT TO THE MEMBERS OF EDINBURGH N PORTS UNION (CONTINUED) t we are required to report by exception e report in respect of the following matters where the Charities Accounts (Scotland) Regulations 06 ) require us to report to you if, in our opinion: n given in the financial statements is inconsistent in any material respect with the Executive Report; or nting records have not been kept; or tatements are not in agreement with the accounting records; or eceived all the information and explanations we require for our audit. s f trustees e fully in the Statement of Executive Committee's Responsibilities set out on page 12, the trustees the preparation of the financial statements and for being satisfied that they give a true and fair Ww internal control as the trustees determine is necessary to enable the preparation of financial te free from material misstatement, whether due to fraud or error. p ancial statements, the trustees are responsible for assessing the charity’s ability to continue as a in closing, as applicable, matters related to going concern and using the going concern basis of co the trustees either intend to liquidate the charity or to cease operations, or have no realistic er so. ditor's responsibilities for the audit of the financial statements r objectives are to obtain reasonable assurance 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 includes 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 if, 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. The extent to which the audit was considered capable of detecting irregularities, including fraud Irregularities are instances of non-compliance with laws and regulations. The objectives of our audit are to obtain sufficient appropriate audit evidence regarding compliance with laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial statements, to perform audit procedures to help identify instances of non-compliance with other laws and regulations that may have a material effect on the financial statements, and to respond appropriately to identified or suspected non-compliance with laws and regulations identified during the audit. In re n to fraud, the objectives of our audit are to identify and assess the risk of material misstatement of the finan statements due to fraud, to obtain sufficient appropriate audit evidence regarding the assessed risks of mate misstatement due to fraud through designing and implementing appropriate responses and to respond appr fraud or suspected fraud identified during the audit. How e primary responsibility of management, with the oversight of those charged with governance, to ensu entity's operations are conducted in accordance with the provisions of laws and regulations and for the p nd detection of fraud. In id d assessing risks of material misstatement in respect of irregularities, including fraud, the audit enga m: d an understanding of the nature of the sector, including the legal and regulatory framework, that rity operates in and how the charity is complying with the legal and regulatory framework; of management, and those charged with governance, about their own identification and ent of the risks of irregularities, including any known actual, suspected or alleged instances of -14- NDENT AUDITOR'S REPORT TO THE MEMBERS OF EDINBURGH SITY SPORTS UNION (CONTINUED) iscussed matters about non-compliance with laws and regulations and how fraud might occur including ssessment of how and where the financial statements may be susceptible to fraud. It of these procedures we consider the most significant laws and regulations that have a direct impact on ial statements are FRS 102, Charities SORP (FRS 102), Charities and Trustee Investment (Scotland) Act regulation 8 of the Charities Accounts (Scotland) Regulations 2006 (as amended) and the charity's document. We performed audit procedures to detect non-compliances which may have a material impact ancial statements which included reviewing the financial statements including the Executive Committee’s t engagement team identified management override of internal controls as the key area where the financial ts were most susceptible to material misstatement due to fraud. Audit procedures performed, in relation to ent override of controls, included but were not limited to testing manual journal entries and other nts and evaluating the business rationale in relation to any significant, unusual transactions and ns entered into outside the normal course of business. description of our responsibilities for the audit of the financial statements is located on the Financial Council’s website at http://www.frc.org.uk/auditorsresponsibilities. This description forms part of our report. ur report is made solely to the charity’s trustees, as a body, in accordance with section 44(1)(c) of the Charities Investment (Scotland) Act 2005, and regulation 10 of the Charities Accounts (Scotland) Regulations d). Our audit work has been undertaken so that we might state to the charity’s trustees those equired to state to them in an auditor’s report and for no other purpose. 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E@AFBD ~~GK==~~ ??EAECD ??EAECD ??BABE@ ~~X7:>43:2IY>�Z422:7~~ EAMMF EAMMF EA@DD ~~[K7>4I\~~ MAEBE MAEBE ?MA?M ~~NIO:7T S]82>~~ 87>O4] ?LACDD ?LACDD ?BADDD ~~SK=K7\~~ �<82I74;1I482�^:224>�S<8I=K23 MALDD MALDD ?CADDD ~~SK=K7\~~ �<82I74;1I482�[8=12I::7�_K9;4K EADBC EADBC DA?M@ ~~`aSa�~~ 9:9;:7>O4] MLACE@ MLACE@ MMAFM ~~FCALML MALDD @EAML EDEACE~~ -  +�#P(�Q("+�(!&(&��-'Q� . ~~FFACE ?CADDD EDEACE~~ W2<89:�6789�8IO:7�I7K3425�K�K9812I:3�I8�b@EAM ~~L�cDBT�E~~ DEA ~~CEd�687�IO~~ :�\: ~~K7A�86eO4<~~ O�b? ~~D�cDBT�~~ b?A?LLd�eK>�K74>425�6789�IO:�>K=:�86�5883>A�b?L@ACF� ~~cDBT�b?~~ MCA ~~EC?d�6789�~~ IO: ~~�O8>I425�8~~ 6�:V ~~:2I>�K23~~ b?EALFB�cDBT�b?MADDLd�6789�8IO:7�Kf ~~! + +~~ =>?@A B>A ! + + ARS>?S= AA@>@? - ~~! "#$%&#'()�#*&%+%&%), (-'�.$#/& (-'� � &")$�*(-'� 2&#( 2&#( 0-/1%/. 0-/1%/. 0-/1%/. 3 4 4 4 4 4~~ - 56788�9:;6; <=>?< <=>?< @ABC�8BDEFDG HII=IJ <=?? H>J=KJH K=><< LM@5N555�8BDEFDG > > J H<=?>J <=>K STBFRUQD6�PQRA79QUQD6 K=K>> K=K>> JK=IIH ~~HII=IJ OO=>O< JH=> I<=>I? ?O=K>H~~ - 5V7PQ�:8�;BRR:P6�9:;6;�W;QQ�D:6Q�IX ~~HK<=I H<>=JIH J=H< OO=??K KO <=O<< J=>J III=?J I>I=K?~~ - /#(Z,%,�'Z�0-/1 MDPQ;6PF96QE�GQDQP7A�8BDE; ~~?O=>KO <=O<< J=<> K=K>>~~ [Q;6PF96QE�8BDE; ~~HH=H? HH=H? ?O=>KO <=O<< J=>J III=?J~~ - 2$�&")�Z)#$�)/1)1��-(Z�3 MDPQ;6PF96QE�GQDQP7A�8BDE; ~~>?=?I> KI==?K<~~ IKO= MDPQ;6PF96QE�EQ;FGD76QE�8BDE; ~~?=??> H=K [Q;6PF96QE�8BDE; ~~=?<~~ =?< ~~??=?IO H=J I>I=K?~~ - \P7D6�8BDEFDG�6:�9ABC;�PQRPQ;QD6;�GP7D6;�U ~~7EQ�6:�FDEF~~ YFE ~~B7A;�]V:�7~~ PQ�U ~~QUCQP;�:~~ 8�7RRP:YQE�;R:P6;�9 ~~ABC;�8:P�~~ 6VQ�RBPR:;Q;�:8�EQYQA:RUQD6�FD�6P7FDFDG�7D ~~E�R7P6F9FR7~~ 6F:D ~~�FD�;R:P6FDG~~ �QY ~~QD6;^~~ - ~~-~~ - ~~. .~~ - =;;8><= 68>9: =8=9; 8<<9 >7 <8<= - 7;8:;: =68>= 8>77 78;; [ - ~~C~~ - )"*'+ )"*'+ DD D ~~C H~~ - ~~NJLDM~~ - ~~7;>;; 7@>@E~~ D) INBURGH UNIVERSITY SPORTS UNION TES TO THE FINANCIAL STATEMENTS (CON R THE YEAR ENDED 31 JULY 2025 Restricted funds The income funds of the charity include restricted funds ng th gu bala donations and grants held on trust for specific purposes: Mo inf Bala l xp alan Augu J International, New & PG students fund Culture & Behaviour Training fund Concussion Education fund Tennis Co-ordinator International, New & PG students fund: Funding recei is i in t Univ Edinburgh grant to be spent on improving the internationa PGs exp Ope The funding for Culture and Behaviour training will be us port lubs king from external providers, to improve the culture of their edu be ects alcohol/initiations, gender/sexual-based violence and gen ing. The funding for Concussion Education will be used to s dents ch ipatin ConcussEd online module and an in-person concussion w to im are nder of concussion. The Tennis Co-ordinator Role is part funded by the Lawn socia ro nde and growing tennis at the university through creating d nt lea rga ts w Scottish universities and encouraging UoE students to upskill through coaching and officiating courses. The role holder also supports the club committee and delivers a number of on court coaching hours. - 28 - - ~~(+#$ 3~~ - @CKCCL - ?L@KNO ~~?P@KD?~~ ]