OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-04-30-accounts

Independent Examiner’s Report to the Trustees of

Age Peterhead

| report on the accounts of the charity for the year ended 30" April 2025 which are set out on the following pages

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently | do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention

1 which give me reasonable cause to believe that in any material respect the requirements

Age Peterhead

Report of the Trustees for the Year Ended 30" April 2025

The trustees present the annual report and financial statements for the charity of Age Peterhead for the year ended 30" April 2025.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The primary object of the Charity is to provide a comprehensive and practical service for older people and disabled people living in Peterhead and the surrounding areas.

This may involve working in partnership with NHS, Local Authorities, Age Scotland and other organisations that seek to enhance the lives of older people; assisting other charities with similar aims; promoting and carrying out services to meet the needs of older people and/or to direct people to the relevant organisation.

ACHIEVEMENT AND PERFORMANCE

Charitable Activities

The organisation continues to provide and administer two caravans which are located at Burnside Caravan Site in Fochabers. This caravan is provided for the use of the aged and infirm during the holiday season and their upkeep is partly funded by donations from organisations interested in the welfare of the aged and infirm and also by some who participate in the holiday activity. The caravans were updated during the year with new safety ramps being added outside and new equipment inside. The organisation provides the services of sitters for the aged and infirm and receives an hourly fee for such services. The sitters are recompensed by way of expenses. We are continuing the friendship club which we started last year. Attendance fluctuates but those attending find it worthwhile. Like many charities we are experiencing difficulty in attracting new volunteers and the remaining committee is endeavouring to resolve this issue. Currently we have an attentive group of volunteers.

FINANCIAL REVIEW

Principal source offunds

The charity receives most of its funding from donations and fees for services, grants and legacies.

Resultsfor the year

These are set out in pages 4 to 6. The net surplus (deficit) for the year was (£25,210), (2024 surplus of £22,573).

Reserves policy

It is the charity’s policy to maintain unrestricted funds at a level which will allow the charity to continue its ongoing work and provide for the maintenance of its assets. Total reserves excluding the net book value of fixed assets and balances of unrestricted funds amounted to £3775, restricted funds of £75. (2023 £ 28365 and £695).

Grant making policy

The charity is empowered to make grants and donations from its unrestricted income to individuals and organisations that are known to the charity and the trustees, and the beneficiaries of which are involved in activities or ministries which are compatible with the objects of the charity.

Future Developments

We are striving to engage with the secondary schools in the area to make the young people aware of the situation of older people and have had a good response. We will continue with this approach as we have had a few pupils down to the office to help with IT. We will continue to try and attract new volunteers to help with administration.

]

ym ¢-

ged . [

!

} > .

Age Peterhead

Receipts and Payments Account Year ended 30th April 2025

Unrestricted Restricted Restricted
Funds Funds Total Total
General
Fund
2025 2025 2025 2024
Note £ £ £ £
Receipts
Income and endowments from: 1
Incoming resources from charitable activities 9,340 0 9,340 34,775
Activities for generating funds 15 0 15 0
Investment income 342 0 342 130
Other incoming resources 0 0 0 0
Total Receipts 9,697 0 9,697 34,905,
Payments for
Costs ofgenerating funds 0 0 0 0
Charitable activities 14,567 620 15,187 12,332
newramps forcaravans Pee (eee
i Ae
re Lh eae ee
new
e
Total Payments OO at NSTNE TNE ok MSS.
Net surplus/(deficit)
(24,590) (620) (25,210) 22,573
Transfers between funds 0 0 0 0
Netmovement in funds (24,590) 0 (620) 0 (25,210) 22,573
Reconciliation offunds:
Total funds brought forward 28,365 695 29,060 6,487
Totalfundscarriedforward 3,775 75 3,849 29.060

4

Age Peterhead

Notes to the Accounts for the Year Ended 30th April 2025

==> picture [361 x 463] intentionally omitted <==

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |Unrestricted|Restricted| |:|Funds|Funds|Total|Total| |General| |Fund| |2025|2025|2025|2024| |£|£|£|£| |1|Voluntary|Income| |grants|0|0|0|1,365| |Donations|339|0|339|390| |Legacies|0|0|0|20,000| |Charitable|activities|9,001|0|9,001|12,923| |Overpaid|electricity|0|0|0|97| |Total Voluntary|Income|9,340|0|9,340|34,775| |Activities|for Generating|funds| |Fundraising|Events|15|0|ES|0| |Total|15|0|15|0| |Investment|Income| |Bank|Interest|Receivable|342|0|342|130| |Total|Investment|Income|342|0|342|130| |4|Analysis|of Expenditure| |Raising|of funds|0|0|0|0| |0|0|0|0| |Expenditure|on|Charitable|Activities| |Rent of caravan|sites|and expenses|9,438|0|9,438|8.418| |Insurance|2,618|0|2,618|2,509| |Repairs and|renewals|911|0|911|81| |Heat and|Light|590|0|590|0| |Friendship|club|expenses|0|620|620|0| |Sitters'|expenses|235|0|235|428| |Telephone and|internet|692|0|692|510| |Stationery|and|posting|59|0|59|51| |Miscellaneous|expenses|24|0|24|335| |14,567|620|15,187|12,332| |Total|Resources Expended|14,567|620|15,187|12,332|

----- End of picture text -----

Support costs have not been separately identified as the trustees consider that there is only one charitable activity. Therefore support costs relate wholly to that activity and have not been separately identified.

Purpose of Main Funds

;

Unrestricted Funds General Fund

The main purpose of the fund is to finance and support the main day to day activities of the charity

6

Notes to the Accounts for the Year Ended 30" April 2025

Note | Basis of preparation Basis of Accounting

These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities Accounts (Scotland) Act 2005 and the Charities Accounts Regulations 2006 (as amended).

Note 2
Accounting Policies
INCOMING RESOURCES
Recognition ofincoming These are included in the Statement ofFinancial Activities when:
Resources -
The Charity becomes entitles to the resources;
-
The trustees are virtually certain they will receive the resources and;
-
The monetary value can be measured with sufficient reliability.
Incoming Resources with Where incoming resources have related expenditure, the incoming resourcesand
Related expenditure related expenditure are reported gross in the StatementofFinancial Activities.
Grants and donations Grants and donations are only included in the Statement ofFinancial Activities
when the charity has unconditional entitlement to the resources.
Tax reclaims on donations Incoming resources from tax reclaims are included in the Statement ofFinancial
and gifts Activities at the same time as the gift to which they relate.
Gifts in Kind Gifts in kind are accounted for at a reasonable estimate of their value to the
Charity or the amount they actually realised.
Gifts in kind for sale or distribution are included in the accounts as gifts only
when sold ordistributed by the charity.
Gifts in kind for use by the Charity are included in the Statement of Financial
Activities as incoming resourceswhen receivable.
Donated services and These are only included in incoming resources (with an equivalent amount in
Facilities resourcesexpended) where the benefit tothe Charity is reasonably quantifiable,
measurable and material. The value placed on these resources is the estimated
value to the Charity ofthe service or facility received.
Voluntary help The value of any voluntary help received is not included in the accounts but is
described in the trustees’ annual report.
Investment income, This is included in the accounts when receivable. This includes any gain
investment gain and or loss on the sale ofand any gain or loss resulting from revaluing
losses investments to market value at the end ofthe year.
Expenditure and Liabilities
Liability recognition Liabilities are recognised as soon as there is a legal or constructive
obligationcommittingtheCharitytopayoutresources.

Governance costs Include the cost of the examination of statutory accounts and the cost of any legal advice to trustees on governance and constitutional matters.

ASSETS Tangible fixed assets These are capitalised if they can be used for more than one year. They are valued at cost, or if gifted, at the value to the charity on receipt.

Depreciation is provided against fixtures and fittings at 25% on the reducing balance method.