FLOURISH PUBLICATIONS (SCOTLAND) LIMITED (LIMITED BY GUARANTEE) FINANCIAL SfATEMENTS YEAR ENDED 31 DECEMBER 2•25 Company No SC066817 Charity No SC015900
FU>URVSH PUBLICATIONS (SCOTIAND) LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2•2S ANDEX PAGE Report ofthe Tntste&8 Indep1 Exarniner'j Rep)rt ACeA)Unti polld stst¢rn¢ of fllthn¢ig1 activities io Notss to the finonciai 8Cents
FLOU]USH PUBLICATIONS (SCOTLAND) IJPaED FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 21n5 COmF[ty R4isIrattNUrnber. SC066817 Charity Number. SC015rAIo Registejrd Offi. 196 Clyde Stre<t Gkngow Gl 4JY Trustees: Ronald Convuy, Thl¢eJD1rtClor John Geggan. Tntyteirtrtor Vcry Revere1 Mor)signor Hugh Brndlry. Tnkslejyx¢0r Very ReveraMI Monsignor Paul Murray. Thtei[¢ll0r M051 Revrnd Archbistxjp William Nolan, TrusteeJDirextor Vlrgin Monry 145 een Street Olasgow GI 3BJ Solicltots: M¢srEn MLConnick Water1 ChaTnEtTS 19 Waterkn Strrt Glai8OW G26AH Indepertdeni Examiner. Llnda Chalmets FCCA CthwJrn¢rs A¢¢owit8t Chartergj Certified Accountants 85 Glas8ow R(1 G82 IRE
FU)URISH PUBLICATIONS (sciyfLAND) LIMITED REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 DECEMBER 21)25 The Trustees (who ar¢ also Direct(xs of the charity ftsr the purw8es of the Companies Act) pre5enttheir nual reP together with the finarKtal statements of Flourish Pllblicwioro (Scotlat¥J} Limitd (the cOmny) for the yearetKled 31 Dectrnber 2U25. 'IIw ryrt)rts ue s0 prepared tt) meet the requilents fora Direthors, Kepon and Aceoutts for Comr•ni&s Ad puryxJ5e5. The finan¢¢al stal¢ments comply with the Ch8Eitles Accounts (Scotland) Regulations 2)61$ am¢nd¢dl. the Companie5 Act 2(M)6, Ihe Memotandum 8nd Article5 of A550ciation. 8T A¢couniing 8nd Reporiing by Chartties: Statement of Rernmended PrtICe applicable w charitics wepAring their attounts in ¥eordance with th¢ Fi[Wla1 Rewting StandDTd &li£abk in the UK and Republi¢ of ITd8nd {FRS 1021. STRUCTURE. GOVERNANCE AND MANACEMENT The ¢ompony. which is a recogni5d eharity itt S¢otlarK( w&$ Inryed 85 a cornpany limited by 8uarante¢ in 1979. A copy of th¢ Memorandl and Articles of ASklatiOn is a¥8ilable from the registered office. Membership is rcstrictcd to 50 and five diffctors {ai present) fonn the of dir1$. The FK•rd rneets nnully athd the ediior of Floyrlsh is prnt xt thtr. Iybftrd meffji#&8. AppolnlnKnl of Tr¥slees Potential new trustetsldirectots would iniii8lly wm¢ TEcommerthd to ihe board of ditedoTh and iiivlted to meet the boexd. Any SLKh candidates would t¢ given a Copy of th¢ M¢moTandum and ATti¢les of ASS12110n. copies of th¢ l&e5t AoUnts and IX mtnuies. C8NJidates would be of 8Otd sthndtn8 within the wninunity. int¢T¢5t¢d in the Church have In inierest it) o)mmunirnti¢JnsfJournaJism. Organtsdllon4l&rncthr AndDÉclfloft Mttth8 Th¢ d8y-ttrd&y rthna8emeDt and deciJion.rnaking 15 Ey the Edittt. Rt1# Convery. with lsta[ from the Board of Directors atMI the Finance Director for the Atrhdioc¢s¢ of fj18580W. Relaied Party Rtlallanshlps The Archthocese of fjlasgow wovldes wltsel and hwln8 and Ilghtln8 artd T4rtous otherseThlrts no ¢osr to the comwy. Th¢ Trwsteu have assessed the major risks to whith the 15 cxpJwI in F•rti¢uJar tha8e to lh¢ Operatio of the ComnY and are Sl$fied th sySm and prrK¢dure3 are in plaL% to TDitig our exp)sure to the major ri5k5.
FLOURISH PUBLICATIONS (sc(yfLAND) LIMITED
REPORT OF THE TRusfELS
FOR THE YEAR KNDED31 DECEMBER21JZ5
OWEalVES AND ArfiviTIL
Pollclts Objeeth
"To cary ot4 for tk sole purp)ses of the FYOPF8ation of the Ixyly Roman Catholic Religion in Scotland and
elsewheTt within the United Kin8donL the ow)tiofi of advertising and publicity agents and contra¢tOTS
OY8ani5crs of advertising sch¢m¢s of all kin
REPORT OF THE INDEPENDEf4T EXAMINER TO THE TRusfELS OF FLOURISII PUBLICATIONS (SCOTLAND) LIMITED l Nxrf on the fmanciaI SI¢ of th¢ rymnpny for the year aykd 31 De(ant¢r 2025 which are 3¢¢ wt on PA8es 7 10 13. Respt¢tlv¢ rn•poh¥lbllltles oftrusttts and ex•ffliner The ch4rity triL%tres (who Ère 8]so the directo of Flourish Public4tions IS(#)tlandl Limited for the PUTpose5 of company law) are resrAm5iblc forthe rrtrArntton of the financial stswnems in 8ttonl8Dce with the tenns of the Charttics and Tru¢¢ Investt))ent (&otlatxl) Act 2005 and the Charrties AcUnts (Seot18nd) RegulatiOTJS 2006. The Chariry tnLthes cotL8i&r the audit reqiiimnent of Reguknion l(KIK4H¢} of the Chgrities Aecountg (S¢otland) Regulation5 2(K)6 does Mt apply. It 1$ my re5p)n5ibilityto examirte the fi181 Sial¢M as r¢quiroJ uThlers&tion 44IIX¢l ofthe ClJaritie8 and TNstr¢ InKstm¢nt {SwtiaTrA) Act 200S and to whGthw F•rtioth m•tt¢rs hAv¢ to my Otttion. Bas1# ofindeptndent ¢X8mlAeVg $ts¢¢m¢m¢ My examination is wried oul in rm)rkn wilh Re8vlalion I l of the ChaTiiies Accounts {ScotJdnd} R¢gulatiorLS 2006. An ex8min&don Inelwles a review of the awoynltng recoTds kept by th¢ ¢h8rtty end a compariwn of the financi st8tementspTesentedwith thoserdS. Ita]$0 include5 ¢on$id¢TBtion ofany unusual items ordisclo$ures in the fin8nclal amen and seeking eXplanlorLS from the InteS concernlng any $uch matters. The prlT¢S undertaken do not provide all the evidence ihfftt would r¢quitrd in an wdit. aThl eonsffjimily I do nnl exrweE8 3n audil Qpini( IM) the view 8iven by the finwKial 5tern¢n l•d¢p¢ndtD¢ itteththt ID th¢ coune of my examiTl&tioN Th) mattrrhos rne to my attention whi¢h gives me re0¥bE¢ ¢ause ts) believe in 2ny material resF¢¢t the requiremts.. io k¢¢p puounttng recor& in acL>)rdL with Srthion 44IXal of the Clwiti¢s and Thtee Inveslm¢nt(S¢thland)ALt 2( and Regul10 4 of the Cltarifies A<rounts (S¢otlend) Re8uiations 216, 2nd to ePare aLounts which *<ord with the )rS and Mmply with R¢8ulotion 8 of the 21XJ6 A¢coLmts R¢8uI8tioA% hlve not or 2. to whietL in my opirtioT4Atl1on shtyjld kdrawn ID othto¢nabl¢a proFwunderstandirsB ofthe accounts 10 be reached Linda ChalmeT5 FCCA ChRlrner5 Acwuntsnts Ch&rt¢red CertifJexJ Acwwtsnts 85 Glasgow Road DuTnlwt( G82 IRE 31 21ll6
FLOUIUSH PUBLICATIONS {SCOTLAND) LIMITED PIUNCIPAL ACCOUNTING POLICIES FOR THE YEAR ENDED 31 DECEMBER 2025 ACCOUNTING POLICIES Tr wincirAI attounting p)Ikcies Jooed judg) and key sour¢ts of estimation wKettainty in the prOPtion of the f5vanci atatemet are ag follows: BH8ii of preprntlott offtmllelal statements The fuwicial stytern have i£tt in &crdsncC with Accounting wyl RepoffiD8 by Chariti¢B.' Statment of Recommended Prartitt applicable to chariti preparFn8 their acCots in ¥COrd with th¢ Finatt¢i&J R¢portin8 Ststth applicabte in the UK and Republic of Ireland (FRS1021 (effective l JanuRry 20151 - (Charitie5 SORP (FRS102IX the FitwKial Rewting Stsndard appli(oble in t UK and R¢public of Ireland (FRS 1021 and the Companies Aa 2j6. Flourish Publieation5 {s¢LlaT} Limit me¢ty the defitiition of • publi¢ t¢nefJt tntity FRS 102. A$8¢ts and liabilitie5 are initially Tteognised at hIsri¢&I or iCtion vdue unless otlwwise Stat in the relevant a¢tountlng policy notels). PrepAr•tloD of the OR a yln# tottttrn brfd The Trusie¢s are of the view th¢ tmrn¢diat¢ fllthr¢ of the Tn¥t is seeurtsj for the next 12 to 18 months and th on this ba5iS the charity is a 80ing eortern and no uncertaittties exist at the year ettd. IAcomlng ReJour¢e4 All inMIll8 ru¢S Af¢ SKluded in th¢ Stsment of A1vItieS when the wrnp#ny i$ legally entitled lo th¢ inetsme and the amowK cn be qu8ffl1fl with r¢460nable Fund Gerwal funds are unre5trieted which are avaiLoble for use at ihe discretion of the Trustees In tlfftherontt of the gen¢Tr] objeotive5 of th¢ c(EllF•ny 01 which have not desigmted for otherpurp05¢5. R¢sopr¢os expended All eXltUre is a¢)Unted for an ac¢nols bASiS 8nd hfis indudetl under exp8¢ c£tr8ories th8t aggTegth all Costs fora]locatioM toacliviiies. Wheretostst8nThit bedirectly attributeAlto particular a¢tiiryties thty hav¢ been All¢)cated on * knig con5iYtent with the uÈe of iht resour SEV1 costs are th¢Jse gosts iNUTra diTY in W of exaltu on th¢ obi¢¢ts of the comFAny. Governance costs are those inawred in L1)eOn thitiistrntion of the eoL¥tF•ny artd compliance with nstitutiODal 8nd stafftrfory fequircmcnt T4Aglbk ass¢ts depred#llo All Sets costittx rn¢xethart £250 81¢ ¢apitsTis&t Tangible fIx a58et5 art Sed at C05t Icss <kWltiOn. Lkpreciation is provided at Tates Ixlwld to write otT the cost of &xed assets, less theirestimat&l residual value. overthur eXptl usefvl Itves on the followin8 FAse5". Fillin85 and 0 C44uipment 25% Reikning
FLOURISH PUBLICATIONS (SCOTLAND) iJMrrED PRINCIPAL ACCOUNTING POLICIFS (ColltlM#ed) FOR THE YEAR ENDED 31 DECEMBER 2025 Fl#an¢lal InstT•meats Tr ttust only Iw financial ayJ¢ts fitywial liobilitt of d ki qualify as IEie fimattcial in8twments. Bgsic financial hn5trurnents are initially recognised ot trw)wtion and 5uiwuently measured ai thelr 5ettl¢m¢ni Val wtth the exception of 108ns whith we sub5equentty meagwed at amortised Cost using the ¢ffethive interest Meth(. Cash At bllk In htyl Cash ttt bonk and cash io haDd Includes aDd slh)rt temi highly liquid inValmt5 With a short D)aturity of three monthg QT less frcAn the. dAte nf wlliqitioo OT orrtin8 of th¢ derA)srt or similv8ccounL D¢btorJ Trade arbjotherdeirtorsare rwtsed atthesell]cnthtom0rdueefterhYIIJtdlScOUtoffclcd. PrYments are ¥ed at the gmount wepAld net ofany trad¢ diswunts d. Credl¢orJ ald provlylo Crediiots 8nd provisiorL8 8r¢ reco8nisd whuc the charity h&8 a present obligation resulting frorn a past evcnl th wll wobably result in the traf¢r of to a ihird pwty and the 8moLEnt due to the obligation be mcasured or estimated reliably. Crr¥JitoTr EryovisioN nornially wnistsj at thelrsettlement amount after allowin8 for 8ny trade diseourt d Cothp*y Stst The CrpanY is a company limited ty 8W8nt¢e. The rnemEus ofthe company are the TnJste¢s Tramd on page 3. In eveni of the company beln8wouJNJ Ilthllty 10 Twofthe &uarantee Is limlt¢xt w £1 p¢r rii¢iiJir oftht comwiy.
FLOURISH PUBLICATIONS (SCOTLAND) LIMITED srATEMENT OF FIIYANCIAL AcrtVITIES IINCLUDING INCOME AND EXPENDITURE STATEMENT) FOR THE YEAR ENDED 31 DECEMBER 21125 Totsi Unrestritted Rtstricted FuDd5 FNdS 2125 Tot1 Funds 2024 P4ote Iniome Chori14ble activities Bank Interest Other irtome 31.956 31.956 29.355 65,(HXI 65.0 60.0} Totsl Income 9&9S6 9fy956 91139 Expendl(urt Chwiiabl¢ activities 111.326 Totsl ExndIt IllJ26 Net EXndItre the Y¢•r (14.959) (IL959> (21.287) Totsl broyght forward 41 J27 41.327 62.614 Totsl ¢8rrled fornnl 26J68 26068 41J27
FLOUIUSH PUBLICATIONS (SCOTLAND) LIMITED (CompaDy SC¥6817> BALANCE SHEYT AS AT 31 DECEMBER2O25 Nots 31n2llS 31112n4 Currtrtt Amtts Lkbtors Cpsh nk 5201 4.444 39.149 43.593 32.050 Credltors Amounts failirg due within otttye 2266 Net Cmrreul Amets 68 41.327 Net A••¢ts 26 68 41327 ChArtty Funds Unrestrictcd funds 41.327 Th¢ WmF•ny Fs ¢n¢i¢l¢d io the exemrrtion fmm theawlit TEquir¢mtnt ¢x)rfatrtd lth section 477 of the CompleS Act 2¢M, f¢x the year ended 31 Deeembei 2025. The InL8k4sacknowleAlgetheirre5wiilIth¢5 for¢omplyinBwith the rtquiremcnts ofthe Companies Ad2006 with resw w a0MIng records aTKJ ts Fffepwation of flnancid slateffle. The membets have not M]uired the ¢WrnF•ny to oi*ain an 8udit of its finwKiat StateMts for the Period in question in 4KordwK¢ with Section 476. These rEtne18l statements have beenpre>wtd 1naco)rthWIththe wovisionsawllcabletocompmni¢s suE¥ect to the styall compani¢s regime. ThE fin18] Stat¢ME were approwt by th¢ Tnutres 31 July 2026 authoriseA for is5u¢ on 31 July 2026. Most Reverend Archbishop William Nolan Very R¢vend MoL%i Paul MuTray The nots on pge5 1 I to 13 form rArt of these fttwKial statemetts. 10
FLOURISH PUBLICATtONS {SCOTLAND) LIMrrEI) NOTES TO THE FINANCIAL sfATEME147S FOR TIIE YEAR EP4DED 31 DECEMBER 202S l. Cknrltabk Aetlvltks Funds 2025 FuJ)ds 2024 Adverti8in8 itietiiie 31.956 29J55 2. Othtr lDeome Unnltrleted Funds 2025 Unrestrl¢ted 2(124 Sp)nsorship 65,( ExpMdltur Totsl 2024 2025 Production costs of Flouris Wages nd $alari•s Support costs Ind¢p¢ndMt ex*niner 75b76 32.66S 1074 1.5C¥) 76.692 31,632 1.502 111326 Net In¢omt This is Stated aft¢r ¢horyi 2025 21124 P¢n5ion of exF¢nSts. (2024-£NIL)
FLOURISH PUBLICATIOT4S (sc(mAND) LIMITED NOTES TO THE FINANCIAL ATEmENTs {ContiRwd) FOR THE YEAR ENDED3A DECEMBER 21n5 The Archdtoc¢se of Glasgow rft)vith wemi5ts l*atttig and lighting ard 8ccountiTr8 and secretarioj 5ervicts at no tost to th8 eompany. 13