ABERDEEN & NORTH EAST SCOTLAND FAMILY HISTORY SOCIETY (A Seoitisb ChsJrit*blt Ineorp¥r¥t¢d organ00) 158- 164 King Stnyt, Aberdeen, AB24 SBD FINANCIAL STATEmEs FOR 31 DECEMBER 2024 Charity. Number SC012478 Azets Ch¥rtered Aecou•taDts 37 Albyb Place Aberdeen AIJIO IJB
ABERDEEY & NORTH EAS[ SCOTLAND FAMILI. HISTORY S .4 SLoi(is1i Charitable InL()I IETY rJted Or Janiviioii ANNUAL REPORT YEAR TO 31 DECEMBER 20•) Boord Trustees Chaimia Ben LaM"rie ViLe-ChAirman SeLrda Financial Reportin&1Memr5hiP Ordinary Mrmbers Elaine Petrie Ronald l.eith Sheila Synions Johii Corall {ResIed 1710il?075) Susan Freer Flathard l amb Sheona Nlactk)nald (Resied ?8107170)- lior Wi orniand I lelen sirdLhl BL)b Siroii'ger (Re5i.tsn¢d 1711*1?095) Bankers Virgtn MoTr¢y 62 Llnion Sire AberdLen ABIO lD lttdepekndtnt ExaMitr Graeme Reid MA {Honsl CA Azets Chartered Accountants 37 .41hi'n Place Ardeen AIJIO IJB
ABERDEF.TrI & P40RTH E.4ST SCOTLAWD FAMII.Y HisfoRY SOCIF.TY A SL'ortts1i Lhariiable Inio raied Or Janisaiion IAL RT Tr'F.AR TO 31 DECEMBF.R 201 ORGANISATIOW PI".RPOSES .4ND ORJECTtI'ES The purryjsth of the Sociffj a to promie and SUPryFft genealogical swdies and family-hisiory education naiioiialli and iniernaiionallN iwih panirular relei'&nc¢ 10 Attrdeen City. and ihe Nonh-Easi ol Sioiland Th1A"AGEMEyT AND GOF.Ry.4NCE ARIi4.YGEMEYTS The or¥ani5aiion tsiablished under its cottstiiution and the managemeni and giovernance of Ehe L)rgaiiiaiioi) Is undertaken bi th¢ Twsiees who meer regularl).. W'ith effect frL)m OI £. the Societ) Lhanged lebal forni [4) s Sco(LislI Chariuble Incorp)iaied Organisation (SCIOI. AII assets and liabiliiies ot-lhe Socio iiert Ifdn51errtd io the SCI() in 201 i. I'rainin¥ for l-TUStees nn¥oinLJ th11)0ui the i"eai. Betore a neil Tru51ee is atv>irtied. an initial br¥etino 14 rll be TÈNLn ti? wler i(Tr familianse the proswLllI'C Trusiec Viiih ihL charil) ar]d hoik it funLtiOTkS. FIANCL4L IYFORMATIOP4 AND FL TLRE DEVELOPMENTS All tund5 are considered EO be unrestricied. The incoming resources for ihe )ear amounted 10 £18.4?6. 11"hi<h Is alicr a 5UTpIu5 Ot. £7 ITr w¥sp¢¢i of l (M) Club. The Cluh 1% a fundraisin7 a¥[11 run bl lh¢ org)aftisaiion 10 &¢tterat¢ addiiiMal tunds. This is stsi¢d aft¢r all resourL¢s keli speiii diiring thg N¢ai th¢ pu5$ for whiLh lh¢ or&aiiisaii()ll Vlas es18bltshed. The tthal tunds 31 31 tkceintrKY 0.5 aniounted 10 £4_"18.309. The Tnjsiees iniend io continue LO proi ide for the oreanisatiLMi S PUTposes along txisting lines. INWF.ST4IENT POLICTr Surplus fijnds arc hEld IDr tht Short Lerm in inier£5t bank accounts. RI.%K MANAGEMET The Board of TiSteeS hai'e assessed Ihe major risks to i&hich the organisaiion is e%Sed. in parii¢ulai IliTr%e relatiiig io the L)perniions and tinaiice5 of I1 organisaiion, and are satisfied Ihai s¥slems are in place Io l[l¥Ta[C ihe tiposure io risks. RESERVES POLICTr The resetTrts ai the end ot-lhe lear tÉitalled 14 78.309. Thi% leiel F5 ¢onsidere(l ade4uate 10 ni¢et the ongoing reqiiiremenis of the organisaiion.
ERDF.F.Y & YORTH EAST SCOTLAND FAMILI, HI%TORV SOCIF_TY
A Sioni4h Lhariiable I0
rai¢d (
AhiN'I',.41. RF.PORT
"AR TO 31 1)F.C EIIBE.It 202
RESPOYSIBILITIES OF THE BOARD OF TRI".
ISTEES
Laii appl>L3hle 10 chai'iiies iii Sioiland require% ih¢ TrutsiL*4 til prepait finaTILl
P4DF.PEF4DF.NT F.XANftPiF.R'S RF.PORT TO THE BO.4RD OF TRUSTEE
ABERDEF.T & y()RTH F..4.ST SCOTI..41YD FAMILY FIISTQRY SOCtETY
.4 Scollish Lhariiablc Inio
rai¢d Or
7anisaii
'F.AR TO 31 DF.C'F.MBF.R 2a2
I repon nn I1 RtrK>rt and Accounts of iht Organi$8tion lor it. Jcar cnded 31 Dccemtrtr ?0? j,
iihich are sei on pages 110 l O.
Respertii't Respon5ibiliitres of ETarnitser
The Organisaiion s TnJiees are r¢spL)nsible for the prtpaT21ion of ihe Report and Accounts in
a¥CI)fLlance ¥i.iih the iemi% ol'ihe fhariiie and Tnisiee Ini'e
ABERDEETr¥ & NORTH F..4ST SCOTL.4YD F.4MILY HISTORY SOCIF.TY
L4 Siolllili Cliiuitable Ini
rated Or
T.4TE.MF.NT ()F FIN.I%C-I.AL.CTTI'ITIF.S
I E.4R EP44DF.D JI I)F.CF.MBF.R 2U25
I ntCIed FLinds
Gen¢r
.4BERDEETri &- NORTH E.45T SCOTL.4%D F.4111LY HISTORY SOCIETY xiraiLd Oriaiiiaiio fF. SHEF.T I'F..4R FNDF.D 31 DF.( F.%IBER 2024 2024 FIXF.D 80.689 CI'RRFNT.4SSF.TS i()iks- PbIllati1)I1$ tiir resile l)L"hior% ai)d prei)311i)Ll)t Baiik 81li1 i,)sh 3.187 780.i?4 -If)8,-i14 £.39). £377.111.5 CRF.DITf)RS:.41101'%T% F4I.LINf. DI F IIITHIN ONF. I'F..4R -4LLriiali and dLlei'rtd inLntne 36.806 j¥.)98 F.T C'I RRF.NT .4.>>F.T 3i8.919 jj8.£87 £4_-78.i09 £411). I'NRF.STRICTF.D FI'NDS CientrAI Fund .41 <i:In i)l-I Ciir er in&Qll) jlltT resouri¢8 lor ille l'ear j()i.60J 4•9.331 410.)3 l OQ C-lub 7.781 N'LI ii)ioiiiingt re%{)IIILe% lor ihe ! Lai. 607 8.978 8.3:1 L438.JOg £419.216 TIIL" LILLI)LIIIIN iieii" <1PPWOI LYI l)i' Ilie Board Lil'Tn]stees oi) Iw.4.'a& and si17ned on ilieir Beri Lam ri C'h11)}.4
ABERDEEN & N RTH EAST SCOTLAYD FAMILTr HISTORY 5UCIETY ..1 SLuiiiS11 Chariidblt lftif)
rai¢J Or janklin NOTES TO THE ACCOLNTS YEAR ENDF.D 31 DF.CF.MBER 202$ I. ACCOUNTING POLICIES In preparing Ihe acLounis ihe folloii in¥ aLLounlin¥ poltLies hae beeii cofftplied witli.. The accounis have beeii prepared on rhe hisioric ¢ost eonieniion. The accounts are in accordance iwid? applicable accountitEu .<iandards. the Chari(ies SORP ?00.) {AcLounringT and Reporting b). C"harities1 and ihe Chariiies and TnL8t¢¢ ini'estmcnt (Scoilandl ALI ?)) and the chai7. Accounts (Scorlandl R¢gulwions 7006. InLoii)ing resoufLts and r¢iourL¢S ¢xpeti(kd are inLluded in Ihe accounts on ali a¢lnlS bJtsi$. ITr¢coi¢rable VAT i5 ihdnied to ihe SOFA &$ iocurred. Lwcies Legacies are accounted for on th¢ receipts ba%is. Expenditure Expenditure is accoun*d for on die accruals b&5is ol"a¢iouniing. Stock Siock is ialued at the lower of cosi and realisable valuc. Taratio The organisatiiTrn is a regtSl¢red ¢hATits" and aicordinvl). is exempt fror]i i&xaiion lis income and gains Ilhe ihe) are applied l-or iharithlile puryK)scs. Related party transactions None ot- Ihe Trnsiees i%'ere paid any remuiieratiiin or exn5¢S b}. the chariti. during th¢ J'¢ar )074 noiirl. Funds Restricted Fllwds Resiricied funds aty subject to spectfic lern exndabl¢ furthernnce of the wincipal a¢tLI'i oCth¢ organibation.
AIIF.RDEEY & NORTH F.45T SCOTI.AND F.4MILI' HISTORY SOCIF.TY A Scoiiish C hariiable Inco Yaied ( anisaiion NUTF.S TOTHE ACCOLYT I'EAR EYI ED IDE EMBER 202 1. .4CCOL'.NTING POLICIF.S (cohiimued) Llartsiritied Funds lill(rICted funds are expendable ai the disireuv¥t ol management. rn lurthtrdnce of ihe objeCti"eS. Tangible fiied assets depreciatio All filed assets itre recorded ai io%1. DepreciauTrTr is calLulated so a5 to iirite oft-th¢ cnsi of an asse(. 1¢%5 its ¢sÈtmJÈed r**idudl Vdlue. over ihe usttul ecOnniC life ot il)2¢ Se1 as lolloiTrs.' Prapen! _ oler 50 tarS %wai&7hi liiie Equipnenr- oNer 4 lear5 SITaighi line S1} Ltbrdry- i)s'er l lear 51raight line Foreign crreo. Iran5aetiD115 TTansac¢ions denoniinaÉcd in toreign currLn¢i¢s ar¥. translat¥ inio sterlin8 ai the rdles ruling 41 th¢ d4¢ Lif iran54LtIQliS. 2. SIIBSCRIPTIOYS 21124 ()rdinar% Oiers¢& F4trnil>" Lire Members1)ip Famil! Lile Member51i4P 1.401 1.497 465 03 193 183 186 466
ABERIIE.EN & NORTH E.4.%T.qC'OTLAND FAIIILI. HISTORY fiOCIETI" -l.S¢utti%h Clksritsble Incor ruled 01581• OTF..S TO THE ACCOLYT I"F..4R FPDF.D31 DF.CEMBF.R 2n24 3. TOT.4L RESOI'RC-Es F.IPE.NDEI)- C'H.4RITABLE Aft]TIEs GEYF.IL4L FI"ND Direct Charitablc EipehdiIre Total 2t125 Toial 0?4 Dep Publicatioii i051 Ot ole5 sIk i alu¢ iiril¢ ()tl- SIKiery" jilumal Posthge8 drid journal disiribuiiwi Siaiionen atjd ofti¥¢ supplies Insiiranii. heal. lighi and ielephone 1.7iO 2.1kn9 12,OlXI 14.1.50 13.8?? l.iol 11.389 (XK) 3.160 i.i¥i IIMO 1.189 Rai¢s IL7eiiii¥ ¢ip¢iis¢s ConfeiriiLe Jixl Li)ur.se e.xr¢nes Aftilialion fees dnd 5ubsiripliy> Adieni%iiiLI Inttrnk713nd I r eNpen£e5 3.160 1.912 29 2.OJU 28 2.8): 36 Bank crLxlii card chargts Sundn elneS Buildiiiii anJ library repaIrs D¢preLi<iiitsn 6.184 4.147 b.031 941 ).-114 .314 £i8.80 £61.119 £68.2116 IIMI CI.I B Pri7_e£ ¢(I 518 418 £*18 L418
ABERDEEN & NORTH F.AST scOTLND FAMILI. HISTORY SOCIETY A S¢oit15kn Charitable IDcor r%ted Or anisatioD NOTES TO THE A COUNTS YEAR ENDED 31 DECEMBER 202 FIXED A.SSETS Proper¢). EquipmeDI LibrAr)' TOTAL COST At l Januaryj •05 Addiiions Tnsfer 50.245 3.832 ?Ih5.454 416,045 183 4.015 Ai 31 December 2025 £159.346 £54.077 ?{.637 £4?0.060 DEPRECIATION Ai l January" 10?5 Chargve for )'ear Transfer On disrosals 80.962 3.187 47.940 206.454 335.356 18i 5.314 At 31 December ?O?- £84.149 £49.884 £206.637 £340.670 NET BOOK VALUE Ai 31 December ?025 £7) 197 £4.193 £79.390 Ai l Januar). •OS £78.i84 £80.689 S. ANALYSIS OF FUND ASSETS AND LIABILITIES GeDer31 Fund IIMI Club Totsl Tangible fii¢d assets Curr¢nl assets CuTYent liahilities 79.-1 386,747 (36.806) 79.390 395.725 136.806) 8.978 Toial £429,331 8.978 £438,309 10