2025-06-30-accounts - Lo-Gy

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REGISTERED CHARITY NUMBER: SCO15923

Report of the Trustees and Unaudited Financial Statements for the Year Ended 30 June 2025

for Lo-gy

Lothian Accountancy 25 Wallace Avenue Wallyford Musselburgh East Lothian EH21 8BZ

;

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it Examiner's Ro

to the Trustees of Lo-

gy

independent examiner's report to the trustees of Lo-gy

I report to the charity trustees on my examination of the accounts of Lo-gy (the Trust) for the year ended 30 June 2025.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5\b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Alan Hastie

Lothian Accountancy

25 Wallace Avenuc

Wallyford Musselburgh East Lothian EH21 8BZ

Date: AA- 03. 2le

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||||||| |---|---|---|---|---|---| |Statement|of Financial|Activities| |for the Year Ended 30 June 2025| |Notes|30.6.25|30.6.24| |Unrestricted|Total| |fund|funds| |£|£| |INCOME AND ENDOWMENTS FROM|2| |Donations and|legacies|1|-| |Other trading|activities|17,714|11,877| |Total|17,715|11,877| |EXPENDITURE ON| |Raising|funds|3|13,582|13,951| |NET INCOME/(EXPENDITURE)|4,133|(2,074)| |RECONCILIATION OF|FUNDS| |Total|funds|brought|forward|37,230|39,304| |TOTAL FUNDS CARRIED FORWARD|41,363|37,230| |The|notes|form part|of these|financial|statements|

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Page Report of the Trustees 1 Independent Examiner’s Report 2 Statement of Financial Activities 3 Balance Sheet 4 Notes to the Financial Statements S$ to 8 Detailed Statement of Financial Activities 9

Report of the Trustees for the Year Ended 30 June 2025

The trustees present their report with the financial statements of the charity for the year ended 30 June 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective { January 2019).

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

$C015923

Principal address Logy Centre Polton Road Loanhead Midlothian EH20 9DZ

Trustees Mrs F Boyles Mrs H Faulds K Howie

Independent Examiner Lothian Accountancy 25 Wallace Avenue Wallyford Musselburgh East Lothian EH21 8BZ Approved by order of the board of trustees on NA-03- 26

and signed on its behalf by:

Trustee

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Balance Sheet
30 June 2025	,
							30.6.25		30.6.24
	Notes						Unrestricted fund £		Total funds £
FIXEDASSETS		6
Tangibleassets							39,083		39,083
CURRENTASSETS Cash atbankandinhand							5,781		1,648
NETCURRENTASSETS							5,781		1,648
TOTALASSETSLESSCURRENT
LIABILITIES							44,864		40,731
CREDITORS		7
Amountsfallingdueaftermorethanoneyear							(3,501)		(3,501)
NETASSETS		9					41,363		37,230
FUNDS
Unrestrictedfunds							41,363		37,230
TOTALFUNDS							41,363		37,230
The financial statements IA -O97 4M...._........	were approved andweresignedon	by the its behalf	Board by:	of	Trmstees	and	authorised	for	issue	on
Trustee

The notes form part of these financial statements

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Notes to the Financial Statements for the Year Ended 30 June 2025

ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statementsof the charity,whichis a public benefitentity under FRS 102, have been preparedin accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

OTHER TRADING ACTIVITIES

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3.
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OTHER TRADING ACTIVITIESTRADING ACTIVITIESACTIVITIES
	30.6.25	30.6.24
	£	£
Fundraising events	17,714	11,877
RAISINGFUNDS
Raising donations and legacies
	30.6.25	30.6.24
	£	£
Supportcosts	13,582	13,951

4, | TRUSTEES' REMUNERATION AND BENEFITS

continued...

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There were no trustees’ remuneration or other benefits for the year ended 30 June 2025 nor for the year ended 30 June 2024.

Trustees’ expenses

There were no trustees' expenses paid for the year ended 30 June 2025 nor for the year ended 30 June 2024.

5.	COMPARATIVESFORTHESTATEMENTOFFINANCIALACTIVITIES
		Unrestricted
		fund £
	INCOMEANDENDOWMENTSFROM
	Othertradingactivities	11,877
	EXPENDITURE ON
	Raising funds	13,951
	NETINCOME/(EXPENDITURE)	(2,074)
	RECONCILIATION OF FUNDS
	Total funds brought forward	39,304
	TOTALFUNDS CARRIEDFORWARD	37,230
6.
	TANGIBLE FIXED ASSETS
		Fixtures
		and
		fittings
	COST	£
	At I July2024and30June2025	41,874
	DEPRECIATION
	At 1 July 2024and30June 2025	2,791
	NETBOOKVALUE
	At30June2025	39,083
	At30June2024	39,083

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CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

			30.6,25	30.6,25	30.6.24
				£	£
				2,940	2,940
	Bank loans (see note 8)			561	561
	Trade creditors			—_	—
				3,501	3,501
8	LOANS
	Ananalysisofthematurityofloans is given below:
			30.6.25		30.6.24
				£	£
	Amounts fallingduebetweentwoand fiveyears:
	Bankloans -2-5 years			2,940	2,940
9,	MOVEMENT INFUNDS
				Net
		At 1.7.24	movement		At
	Unrestricted funds	£	infunds	funds £	30.6.25 £
				4,133	41,363
	TOTALFUNDS	37,230 ——	4,133 =		41,363
	Netmovement in funds, included in the above are as follows:
	Unrestricted funds	Incoming resources £	Resources expended £		Movement infunds £
	General fund	17,715	(43,582)		4,133
	TOTALFUNDS	17,715	(13,582)		4,133
	Comparatives formovement in funds
				Net
			movement		At
		At 1.7.23	in	funds	30.6.24
	Unrestricted funds	f		£	.
	Generalfund	39,304		(2,074)	37,230
	TOTALFUNDS	39,304		(2,074)	37,230
9.	MOVEMENTINFUNDS-continued	—	—_		—
	Comparativenetmovement in funds, included intheabove are as follows:
		Incoming	Resources		Movement

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		FEsOUTCES	expended	expended	mfunds
		£	£		£
	Unrestricted funds
	Generalfund	11,877	(13,951)		(2,074)
	TOTALFUNDS	11,877	(13,951)		(2,074)
	A currentyear 12 months andprioryear 12 months combinedposition is as follows:
				Net
			movement		At
		At 1.7.23	in	funds	30.6.25
		£		£	£
	Unrestricted funds
	Generalfund	39,304		2,059	41,363
		—_—		2,059
	TOTALFUNDS	39,304	——		41,363
	A current year 12 months and prior year 12 months combined netmovement in funds, included in theabove					are
	as follows:
		Incoming	Resources		Movement
		resources	expended		infunds
		£	£		£
	Unrestricted funds
	General fund	29,592	(27,533)		2,059
10.	TOTALFUNDS RELATED PARTYDISCLOSURES	29,592	(27,533)		2,059 —
	Therewere no relatedpartytransactions fortheyearended30 June 2025.
Detailed Statement ofFinancial Activities
forthe YearEnded 30 June 2025
			30.6.25		30.6.24
				£	£
INCOMEANDENDOWMENTS
Donations and legacies
Gifts				1		-
Othertrading activities
Fundraising events				17,714	11,877
Total	incoming resources			17,715	11,877
EXPENDITURE
Support costs
Management
Insurance				1,797	2,695
Light andheat				3,467	1,894
Telephone				451	2,097
AdministrationCosts				3,078	4,652

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|||||| |---|---|---|---|---| |:|8,793|11,338| |Bank charges|356|790| |Information technology| |Repairs and renewals|3,178|768| |Governance|costs| |Accountancy and|legal|fees|—h0s55|hess| |Total|resources|expended|13,582|13,951| |Net income/(expenditure)|4,133|(2,074)|

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This page does not form part of the statutory financial statements

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