2025-07-31-accounts - Elgin High School Fund

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ELGIN HIGH SCHOOL FUND

REPORTS AND ACCOUNTS FOR THE YEAR ENDED 31 JULY 2025 SCOTTISH CHARITY NUMBER SC016072

ELGIN HIGH SCHOOL FUND
REPORTS AND ACCOUNTS	:
CONTENTS		PAGE
Legal and Administrative Information		3
Report ofthe Independent Examiner		4
Receipts and Payments Account		5
Statement of Balances		6
NotestotheAccounts		79

ELGIN HIGH SCHOOL FUND

LEGAL AND ADMINISTRATIVE INFORMATION

Board members

Charity number (Scotland) $C010504

Principal office

a examiner

Cathedral Accountancy 4 North Guildry Street Elgin Moray 1V30 UR

Bankers

Bank of Scotland

90 High Street Elgin Moray 1V30 1B)

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INDEPENDENT EXAMINER'S REPORT.TO THE MEMBERS OF THE

ELGIN HIGH SCHOOL FUND

| report on the accounts of the charity for the year ended 31 July 2025 set out on pages 8 to 11.

;

Respective responsibilities of board members and examiner

The charity's board members 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. 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. 4

Independent examiner's statement

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

a) which gives me reasonable cause to believe that in any material respect the requirements:

i) to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and

ii) to prepare accounts which accord with the accounting records and comply with Regulation 9 of 2006 Accounts Regulations

have not been met, or

to which, in my opinion, attention should be drawn in order to enable a proper understanding of the

a examiner

Cathedral Accountancy 4 North Guildry Street

Elgin

Moray IV30 UR

22 September 2025

ELGIN HIGH SCHOOL FUND RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 JULY 2025

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||||| |---|---|---|---| |Receipts|;| |Grants|received| |School|trips| |Fundraising|activities| |Charitable|activities| |Payments|for charitable|activities| |Expenses|from|grants|received| |School|trips| |Fundraising|activities| |Charitable activities| |Surplus for year|

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|||| |---|---|---| |Note|2025|2024| |£|£| |2|14,539|1,577| |8,537|2,422| |3|675|1,914| |4|23,633|43,402| |47,385|49,315| |5|13,827|9,918| |8,537|2,422| |6|675|1,914| |ic|32,922|43,449| |55,962|57,703| |(8,577)|(8,388)|

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All funds are unrestricted.

ELGIN HIGH SCHOOL FUND

STATEMENT OF BALANCES AS AT 31 JULY 2025

	2025	2024
	£	£
Bankand cash in hand
Opening balances	25,334	33,722
Surplus for year	(8,577)	(8,388)
Closing balances	16,757	25,334
Reserves
General fund	16,757	25,334
Closingbalances	16,757	25,334

Approved by the board members on 22 September 2025 and signed on their behalf

ELGIN HIGH SCHOOL FUND

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2025

| Accounting policies

1.1 Basis of Accounting

These accounts have been prepared on the Receipts & Payments basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). “ts 1.2 Incoming resources

All incoming resources are included in incoming resources when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Income is deferred only when the charity has to fulfil conditions before becoming entitled to it or where the donor specifies that the income is to be expended in a future period.

When donors specify that income is for a particular restricted purpose, which does not amount to preconditions regarding entitlement, this income is included in the incoming resources of restricted funds

Grants from the Government and other agencies are included as income from activities in furtherance of the charity's objects where these amount to a contract for services, but as donations where the money is given in response to an appeal or with greater freedom of use, for example, government block grants.

In accordance with this policy, legacies are included when the charity is advised by the personal representatives of an estate that payment will be made or property transferred and the amount involved can be quantified.

1.3 Resources expended

All expenditure is included on an actual basis and has been classified under headings that aggregate all costs related to that category. Management and administration costs are those incurred in connection with the administration of the charity.

1.4 Costs of managing and administering the charity

These represent the costs incurred by finance, human resources, accounting, legal and other costs attributable to the management of the charity's assets, organisational administration and compliance with constitutional and statutory requirements.

1.5 Fund accounting

;

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

1.6 Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

ELGIN HIGH SCHOOL FUND

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 JULY 2025

				2025	2024
2		Grants Received		£	£
		GR -Tesco Better Start		1,000	0
		GR - DYW Bicycle Maintenance		127	1,000
		GR - Stonemason		100	0
		MSB - Photography		5	0
		Higher Education Bursary		5,000	192
		William Grant Foundation		8,307	385
				14,539	1,577
3:		Income fromfundraising activities
		Tickled Pink		123	387
		Jeans forGenes		146	444
		Comic Relief		0	97
		Moray Food Plus		102	631
		Abbie Sparkle	‘	0	104
	-	Red Nose Day		179	0
		Pans Panda UK		126	0
		STV Big Breakfast		0	251
				675	1,914
4.		Income from charitable activities
		Prizegiving		180	2,886
		Activities		10,347	4,013.
		Sports		407	963
		Clubs		10	1,861
		Departments		2,768	178
		Miscellaneous		9,922	33,502
				23,633	43,402

ELGIN HIGH SCHOOL FUND NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JULY 2025

				2025	2025		2024
5.	Expensesfromgrants received			£			£
	Higher EducationBursaryAwards				5,000		192
	DYW.				2,239		765
	William Grant Foundation				4,892		8,961
	Stonemason				600		0
	Bicycle Maintenance				304		0
	MSB - Photography				294		0
	MYCAward:				500		0
					13,827		9,918
6.	Expensesfrom fundraising activities
	Tickled Pink				123)		387
	Jeans for Genes				146		444
	Comic Relief				0		97
	CiN				0		631
	STV Big Breakfast			‘	0	;	251
	Abbie Sparkle				0		104
	Pans Panda UK				126		0
	Red Nose Day				179:		0
	Moray Food Bank				102		0
	‘				675		1,914
7Z	Expensesfrom charitable activities
	Prizegiving				1,334		941
	$5/6 Activities		.		3,755		4,013
	Clubs				1,256		657
	Sports				641		754
	Lockers				518		5,155
	Departments				714		567
	Miscellaneous	‘		24,704			31,362
				32,922			43,449

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