REGISTERED CHARITY NUMBER: SC023818
EDINBURGH ASSOCIATION OF SPIRITUALISTS TRUSTEES’ ANNUAL REPORT AND ACCOUNTS 31ST DECEMBER 2024
EDINBURGH ASSOCIATION OF SPIRITUALISTS
TRUSTEES’ ANNUAL REPORT
YEAR ENDED 31ST DECEMBER 2024
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| CONTENTS | PAGE |
|---|---|
| Trustees’ annual report | 1 |
| Receipts and payments account | 3 |
| Statement ofbalances | 4 |
| Independent Examiner’s Report | 5 |
| NotestotheAccounts | 6 |
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EDINBURGH ASSOCIATION OF SPIRITUALISTS
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TRUSTEES’ ANNUAL REPORT
YEAR ENDED 31ST DECEMBER 2024
Current managing trustees (Committee)
Other managing trustees during the year
Contact address
Recruitment and appointment of managing trustees
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All of the Association’s managing trustees are appointed and reappointed by qualifying members at our Annual General Meeting, which is held in March/April each year.
Governing document
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The Association is a charitable unincorporated association. The purposes and administration arrangements are set out in accordance with the provisions of the Memorandum and Articles of Spriritualists'Association andNationa Bye- l awsUnionoftheis Spiritualists'a charity registeredNationalin EnglaUnio n d. in our teRegist r atims o fnournumber: Affiliation.261898Theand acts as our parent boby and sole trustee
Charitable purposes
The objects of the Association are the advancement ofthe religion and religious philosophy of Spiritualism on the basis of the Seven Principles;
(i) the holding of religious services for public worship; (ii) the training ofall in the principles of the religion, religious philosophy and science ofSpiritualism;
(iii) such charitable objects as may be decided upon from time to time by Special Resolution of the Full Members in General Meeting. No object shall be included which is inconsistent with the statutes of the Church as a religious charity
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EDINBURGH ASSOCIATION OF SPIRITUALISTS
TRUSTEES’ ANNUAL REPORT
YEAR ENDED 31ST DECEMBER 2024
Activities and achievements
The Church is once again seeing increasing numbers at our Sunday morning services which is due to the committee's extremely hard work in welcoming newcomers and making them feel part of our Church community.
In order to continue with the community welcome, we now offer teas and coffees free for everyone after the service, to encourage conversation and friendships to develop. This has been very suecessful.
We continue to hold weekly awareness classes which are going well.
The Lyceum group meet monthly to discuss a variety of topics, these sessions can be lively and informative.
The healing group this year has seen increased numbers attending. This is all thanks to the dedication and commitment of out healers.
This year our Church has been working jointly with the Arthur Conan Doyle Centre to run workshops for the Church, our members benefiting by getting a discount. This venture has worked extremely well and we intend to continue our work together with the centre.
We also had a very successful joint open day with the centre last September, the Church made £659. The Church and committee will continue to work hard together for our members and our church community to promote our values and priciples.
The Association occupies premises at 25 Palmerston Place as a tenant of the SNU Trust and pays an annual fee of £8,430. We retain our Morrison Street premises as an investment property.
Assets
The Association’s property has been professionally valued at £210,000.
Reserves
As aresult of the surplus of £27,293 for the year, the Association held unrestricted cash funds of £366,057 at the year end. The managing trustees consider this sum will enable them to continue to run the Association at the current subscription rates for the forthcoming year.
Approved by the Trustees and signed on their behalf
President Date: — aoly \ss
EDINBURGH ASSOCIATION OF SPIRITUALISTS
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RECEIPTS AND PAYMENTS ACCOUNT
YEAR ENDED 31ST DECEMBER 2024
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Note
| INCOMING RESOURCES | Unrestricted | Restricted | Endowment | ||||
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| Funds | Funds | Funds | Total | Total | |||
| Incoming resourcesfrom | 2024 | 2024 | 2024 | 2024 | 2023 | ||
| generated funds | |||||||
| Voluntary income | 3 | 10,649 | - | - | 10,649 | 9,851 | |
| Legacies | 4 | - | - | - | |||
| Investment income | 5 | 8,244 | - | - | 8,244 | 20,487 | |
| Incoming resources from | |||||||
| charitable activities | |||||||
| Members subscriptions | 705 | - | - | 705 | 600 | ||
| Classes, courses and workshops | 1,486 | - | - | 1,486 | 1,593 | ||
| Fundraising | 6 | 828 | - | - | 828 | 1,508 | |
| Rent received | 20,000 | - | - | 20,000 | 20,000 | ||
| TOTALINCOMING RESOURCES | 41,912 | - | - | 41,912 | 54,039 | ||
| RESOURCES EXPENDED | |||||||
| Cost ofgenerating funds | 7 | 14,119 | - | - | 14,119 | 14,019 | |
| Charitable activities | - | - | - | ||||
| Governance costs | 8 | 500 | - | - | 500 | 5,816 | |
| TOTAL RESOURCES EXPENDED | 14,619 | . | - | 14,619 | 19,835 | ||
| NET INCOMING/(OUTGOING) | : | ||||||
| RESOURCES BEFORE TRANSFERS | 27,293 | - | . | 27,293 | 34,204 | ||
| Transfers between funds | |||||||
| Net movements in funds for the year | |||||||
| Total funds at 31 December 2023 | 560,043 | - | - | 560,043 | 525,839 | ||
| TOTALFUNDS AT31 DECEMBER 2024 | 587,336 - — |
- | 587,336 560,043 ee |
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EDINBURGH ASSOCIATION OF SPIRITUALISTS
STATEMENT OF BALANCES
AT 31ST DECEMBER 2024
| Unrestricted | Restricted | Endowment | ||||
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| Note | Funds | Funds | Funds | Total | Total | |
| 2024 | 2024 | 2024 | 2024 | 2023 | ||
| Bank and Cash Balances | 2 | |||||
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| Balances | ||||||
| brought forward | 338,764 | . | - | 338,764 | 304,560 | |
| Movement in year: | ||||||
| (Deficit)/Excess of Receipts | ||||||
| over Payments for the year | 27,293 | - | - | 27,293 | 34,204 | |
| Third party collection held at prior | ||||||
| year and paid over jn year | - | - | - | - | - | |
| Third party collection | ||||||
| held at year end | - | - | - | - | - | |
| 366,057 | - | - | 366,057 | 338,764 | ||
| Investments | : | : | : | : | = | |
| Assets | ||||||
| Fixed assets | 1 | 221,279 | - | - | 221,279 | 221,279 |
| Current assets | 1 | - | - | - | - | - |
| 221,279 | - | - | 221,279 | 221,279 | ||
| Liabilities | - | - | - | - | - |
Approved by the Trustees and signed on their behalf
President Edinburgh Association of Spiritualists Date: aol as
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EDINBURGH ASSOCIATION OF SPIRITUALISTS
YEAR ENDED 31ST DECEMBER 2024
Independent Examiner's Report to theTrustees of Edinburgh Association of Spiritualists
I report on the accounts ofthe charity for the year ended 31 December 2024 which are set out on pages 3 to 4.
Respective responsibilites of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the term of the Charities an 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) ofthe 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 I do not express an audit opinion on the view given by the accounts.
Independent examiner's statement
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In the course of my examination, no matter has come to my attention I which gives me reasonable cause to believe that in any material respect the requirements: ‘ to keep accounting records in accordance with Section 44 (1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and . to prepare accounts which accord with accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met, or
2 to which, in my opinion, attention should be drawn in order to enable a proper understanding ofthe accounts to be reached.
Date 22s
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EDINBURGH ASSOCIATION OF SPIRITUALISTS
NOTES TO THE ACCOUNTS
YEAR ENDED 31ST DECEMBER 2024
| 2024 | 2023 | ||||
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| nt | FixedAssets | ||||
| Freehold property at valuation | 210,000 | 210,000 | |||
| Fixturesand fittings | 11,279 | 11,279 | |||
| 221,279 | 221,279 | ||||
| 2 | Cash at bank and in hand | ||||
| Bank current account | 30,410 | 11,334 | |||
| SNU Trust Investment account | 249,696 | 4,801 | |||
| SNU Trust 5 year fixed rate deposit account | : | 236,656 | |||
| Almoners account | 625 | 675 | |||
| SNU Trust Deposit account | 257 | 253 | |||
| SNU Trust two year fixed rate deposit account | 85,000 | 85,000 | |||
| SNU Trusttwo year fixed rate deposit account | - | - | |||
| Cash in hand | 69 | . | 45 | ||
| 366,057 | 338,764 | ||||
| Restricted Funds | - | - | |||
| 3 | Analysis of Receipts | ||||
| 2024 | 2023 | ||||
| Voluntary Income | |||||
| Sunday and weekday collections | 5,853 | 5,529 | |||
| Private sittings | 300 | 355 | |||
| Almoners fund | - | 15 | |||
| Open day | 659 | - | |||
| Donations for Blossom House/foodbank | 500 | 1,100 | |||
| Sundry donations | 384 | 26 | |||
| Other income | : | = | |||
| Healing | 953 | 826 | |||
| Tax recoveredon Gift Aid | 2,000 | 2,000 | |||
| 10,649 | 9,851 | ||||
| 4 | Legacies | ||||
| Bequest | zs | ae | |||
| 5 | Investment Income | ||||
| . | Bank interest | 8,244 | 20,487 | ||
| 6 | Fundraising | ||||
| Literature and shop | - | 370 | |||
| Lyceum | 366 | 454 | |||
| Teas | 462 | 684 | |||
| 828 | 1,508 |
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EDINBURGH ASSOCIATION OF SPIRITUALISTS
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NOTES TO THE ACCOUNTS
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YEAR ENDED 31ST DECEMBER 2024
| YEAR ENDED 31ST DECEMBER 2024ENDED 31ST DECEMBER 202431ST DECEMBER 2024 | YEAR ENDED 31ST DECEMBER 2024ENDED 31ST DECEMBER 202431ST DECEMBER 2024DECEMBER 20242024 | : | ||||
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| Analysis ofPayments | ||||||
| 7 | Costofgeneratingfunds | 2024 © |
2023 | |||
| : | Insurance Rent |
420 | 420 | |||
| Literature | 8,530 - |
8,430 | ||||
| Speakersfeesandexpenses Socialexpenses Printing,stationeryandotherofficeexpenses Repairsandmaintenance Sundry expenses NU fees |
expenses : |
3,065 855 373 15 111 |
- 2,768 255 720 26 100 |
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| BlossomHouse/Foodbankdonations Sundrydonations |
170 500 80 14,119 SS |
150 1,100 50 14,019 =—oO——— |
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| 8 | Governance costs | |||||
| Legaland professional fees | ||||||
| Accountancy fees | : | - 500 500 |
5,316 500 5,816 |