Air Training Corps No. 869 IPenicuikl Squadron SC024665 Air Tralnlng Corps No. 869 (Penicuik) Squadron Charity No. SC024665 Annual Report and Financial Statements for year ended 31 March 2026
Air Training Corps No. 869 (Penicuikl Squadron SC024665 Trustee's Annual Report For the year ended 31 March 2026 The trustees have pleasure in presenting their report together with the financial statements and the independent examiner's report tor the year ended 31 March 2026. Reference and Admlnistrative InformatSon Charlty Name Air Training Corps No. 869 IPenicuikl Squadron, Non-Publi¢ Sports & Welfare Funds Chorlty No SC024665 Address c/0 South East Scotland Wing ATC, 301 Colinton Road, Edinburgh EH13 OLA Current Trustees AEata Walda Hannah Amos Lucy Brown Elaine McTaggart Elizabeth Semple Stacy Birrell Christine Gardiner Louise Russell Keith Russell Dèrek Graham Andy Weir Chair- appointed 10 March 2026 Treasurer Secretary appointed 10 March 2026 appointed 10 Maich 2026 appointed 10 March 2026 appointed 10 March 2026 Other Trustees who served durlng the year Amanda Peppe Emma Wood Lyn Young Lorna Mcmanus Chair- resigned 8 December 2025 resigned 8 December 2025 resigned 8 October 2025 resigned 18 June 2025
Air Training Corps No. 869 Ipenicuikl Squadron SC024665 Structure Governance and Mana ement Constitutlon The Charity is an unincorporated association. It is governed by its constitution which is set out in RAFAC ACPII, Annex A. The organisation was granted charitable status by HMRC in April 1996. Appointment ofTrustees The Civilian Committee, which normally meets on a quarterly basis, are the charity's trustees. Membership of the Civilian Committee is open to all parents or guardian5 of cadets serving in the squadron, invited individuals, members of the local RAFA Branch Committee and the Wing Chairman. Trustees are elected at the Annual General Meeting which is normally held in December. Under the constitution there must be a minimum of 5 and a maximum of 12 members of thè Committee including a Chair, Treasurer and Secretary. Management The trustees are responsible for the raising and management of funds for the squadron Iknown as the squadron non-public sports and welfare fundsl- The funds are used for the direct benefit of the squadron's cadets. Choritable purp05e5 To support the objectives of the Alr Tralning Carps and to fully support the Squadron Commander to fulfil the oblectives of the RAF Air Cadets lin particular to support activities which foster the spirit of adventure amongst the squadron's cadets and develop their qualities of leadershlp and good citizenship) by funding those activities not in receipt of public funding. This includes the advancement and education of the 5quadion's cadets and improving the conditions of life of the cadet5 by the provision of facilities or equipment for recreation or other leisure time activities. Acllvltles Activities supported and undertaken by the cadets include the Duke of Edinburgh award scheme, flying and gliding, fieldcraft, drill, first aid training and participation in Remembrance Parade and local gala days, sporting activities, class work including RAF related knowledge and skills, and camps with othei squadrons, the wing and region. Achlevements over the year The squadron has contlnued to grow slowly over the course of the year, with numbers creeping up to a peak of 39 cadets plus two new stsff members joining and a third ariticipated to complete thejoining pro¢ess shortly.
Air Training Corps No. 869 (Penicuikl Squadron SC024665 Cadets have participated widely in squadron events and parade evenlngs, and at regular wing level camps plus additional regional and national camps and activity weekend5. The squadron and individual cadets achieved success in several events at the annual Wing Competition Day (including drill and air recognition) and at wing and regional sporting events over the year, including athletics. Squadron stsff have organised wing level activities including a Duke of Edinburgh Award training weekend, with cadet payments for campsite fees, food and gas purchase being made through the squadron. The squadron and Civilian Committeè also organised and arranged payment for squadron branded hoodies and soft-5hells, and social events for the cadets Including laser tag and ten pln bowling evenings, which have all been well received by the cadets. The squadron continues to collaborate with other local RAFAC squadrons to pool staff and facilities, ensuring our eadets have access to as many activities as possible. Financial Review Our main source of funding continues to be cadet subscriptions and regular donations from ex-cadet families. We are very &rateful for donations from TAQA Cormorant Alpha platform charitylwelfare fund1£3001 and Bank of Scotland Foundation1£5001 which will be put towards the purchase of flight simulator equipment and general running costs. In addition to providing and replacement squadron equipment and supporting the general running costs of the unit, funds have been used this year to provide all cadets and staff with squadron branded greens t-shirts, purchase new shelving and storage units to improve the SqLtadron stores, and subsidise a bowling social evenin8 for all cadets at Christmas. With sufficient reserves, It has not been necessary to fund raise thi5 year. All funds held and received by the charity are unrestricted. Receipts for the year were £9,836.3612024125 £11,513). Payments for the year were £10,347.40 12024125 £9,8441. This year there was a deficit of £511.04 funded from the charitvs reserves. Reserves Pollcy The trustee's policy is to maintain reserves at around 6 months of normal running costs in order to meet commitments and to cover any unexperted expenditure. Reserves at the end of the year were E6,506 which exceeded the target range. The intended upgrading of the flight simulators is ongoin& with grant funding now applied for, and it is anticipated that this will be completed in the 2026127 year at a cost of approximately £2,500. The Civilian Committee also gave approval in March 2026 for the purchase of some larger equipment and spend items (including new bespoke flight simulator desks, branded t-shlrts for new cadets and apronsltoveralls for model making and STEM activities) the combined cost of which will be approximately £1,000. Financial help contlnues to be offered to cadets who cannot afford or are struggling to cover the cost of activities or subscriptions, and reserves would be used to support such cadets.
Air Training Corps No. 869 (Penicuikl Squadron SC024665 Approved by the trustee5 on 25 May 2026 and signed on their behalf by: Agata Walda Chair
Air Training Corps No. 869 (Penicuikl Squadron SC024665 Statement of Receipts and Payments For the year ended 31 March 2026 All funds are unrestricted Recelpts Note Total 2025126 Total 2024125 Balance in Hand at l April (start of yearl - Welfare Account Voluntsry Receipts - Donation5 General Receipts: Cadet Subscription Canteen Itakingsl Soclal & Fundraising Other Receipts TOTAL 7,017.32 5,347.98 950.00 701.00 4,110.00 1,232.65 1,421.83 2,121.88 £16,853.68 3,890.00 862.20 4,200.50 1,860.21 £16,861.89 Payments Note Totsl 2025126 Totsl 2024125 General Payments- Cadet Subscriptions to Wing - Sport Canteen Istocksl Insurance Icontentsl Vehicles used by Squadron Ifuell Rations Social & Fundraising Other Payments Balance in Hand at 31 March lend of yearl- Welfare Account TOTAL 2,412.30 890.10 125.00 935.S2 494.21 98.22 34.15 1,583.20 4,789.80 6,5.23 719.76 358.68 4,020.94 3,730.09 7,017.32 £16,853.68 £16,861.89 Surplus/lDeficitl for the year Receipts £9,836.36 Payments £10,347.40 Surplus/lDeficitl 1£511.041 The Notes on page$ 7 and 8 form an integral part of these accounts
Air Training Corps No. 869 (Penicuikl Squadron SC024665 Statement of Balances As at 31 March 2026 All funds are unrestricted Total 2025126 Total 2024125 Cash at Bank and in Hand as l April lstsrt yearl Surplus/lDeficitl for the year Cash at Bank and in Hand as 31 March lend yeaTI £7,017.32 1£511.041 £6,506.28 £5,347.98 £1,669.34 £7,017.32 Bank and Cash Balances: As at 31 March 2026 6,175.41 181.78 149.09 £6,506.28 As at 31 Marth 2025 6,709.81 66.22 241.29 Bank Current Account Cash at Hand Ipetty cashl Cash at Hand Icanteenl £7,017.32 Other Assets {Unrestficted Fund) (stated at current valuel IT Equipment (including flight simulators and office equipment) Adventure Training Equipment Uniform and other equipment TOTAL 10,000 9,500 3,000 £22,500 Llabllltles {Unrestrlcted Fund) Cadet Subscriptions to Wing ljanuary 2026- March 20261 IET Weekend costs- April 2026 TOTAL 475.00 60.00 £53S.00 The Notes on pages 7 and 8 form an Integral part of these accounts Approved by the trustees on 25 May 2026 and signed on their behalf by paj. Agata Walda, Chair Hannah Amos, Treasurer
Air Training Corps No. 869 (Penicuikl Squadron SC024665 Notes to theAccounts For the Year ended 31 March 2026 l- Basls of Accountlng These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities and Trustee Investment (Scotlandl Act 2005 and the Charities Accounts Iscotlandl Regulations 2006 las amended). 2- Nature and Purpose of Funds Unrestricted funds are those that may be used at the discretion of the trustees in furtherance of the objects of the charity. The trustees maintain a single unrestricted fund for the day to day running of the squadron. Restricted funds many only be used for speclfic purposes. Restrictions arise when specified by the donor or when funds are raised for specific purpose5. The charity has no restricted funds. 3- Related Party Transactlons No remuneration was paid to the trustees or to any connected persons durlng the year. 4- Donatlons Recelved Bank of Scotland Foundation TAQA Cormorant Alpha platform charity/welfare fund Monthly donations from ex-cadet families 500.00 300.00 150.00 £950.00 5- 5oclal & Fundraising- receipts Edinburgh Marathon- helpers, donation (split between variou5 squadrons) Bowling Social Evening Laser Tag Social Evening Repayment of duplicate Edinburgh Marathon payment by squadron TOTAL 720.00 503.08 135.00 63.75 £1,421.83
Air Training Corps No. 869 (Penicuikl Squadron SC024665 6- Other Receipts HMRC Gift Aid Claim (for year 20241251 Payments from cadets for squadron hoodies, fleeces & t-shirts IE.T Weekend April fee5 paid by SESW cadets (to cover costs) Camp fees received from cadets Ipassed to organiser51 TOTAL 903.88 858.00 80.00 280.00 £2,121.88 7- Cadet Subscrlptlons to Wlng Subscriptions for l January - 31 March 2026 (approximately £4751 are expected to be invoiced 11 january 2026- 30 June 20261 and paid in JulylAugust 2026. 8- Soclal & Fundralslng- paymenls Edinburgh Marathon- contributions passed to other squadrons Bowling Social Evening-hire cost Laser Tag Social Evening- hire cost Refund to cadet for overpayment for Bowling Social Evening TOTAL 600.00 522.50 450.70 10.00 £1,583.20 9- Cost of Charltable Actlvltles Squadron hoodies, fleeces & t-shirts BT Internet/Phone Bill Shelving units & storage solutions for stores Camp Fee5 paid on to organisers Flight Sim Desk STEM Robotiks kits and tools IET Weekend April 2025- camp costs (paid from camp fees received) Door & hall mats stationary & printer ink IT Equipment- 10 x laptop cases & chargers for donated laptops First Aid Supplies for training Vacuum cleaner Banner Stand Cadet uniform & badges other 1,411.97 573.57 409.43 300.00 253.25 248.97 224.58 178.67 172.12 153.78 142.62 130.00 120.54 100.93 369.37 £4,789.80 TOTAL
Air Training Corps No. 869 (Penicuikl Squadron SC024665 INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS Report to the trusteeslmembers of Alr Tralnlng Corps No. 869 (Penlculkl Squadron Reglstered Charlty Number SC024665 On the accounts of the charity for the period from l April 2025 to 31 March 2026 set out on pages I to8 Respectlve Responslbllltles of trustees and examlner The charity's trustees are responsible for the preparation of the accounts in accordance wlth the terms of the Charities and Trustee Investment Iscotlandl 2005 Act and the Charities Accounts Iseotlandl Regulations 2006 la5 amended). The charity trustees consider that the audit requirement of Regulation 10111 Idl of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 4411) Icl of the Act and to state whether particular matters have come to my attention. Basls of Independent examlner's statement My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting record5 kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or di5c105ure5 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 Eiven by the accounts. Independent Examlner's Statement In the course of my examination. no matter has come to my attention l. which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance with section 44111 lal of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulatlons have not been met, or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed.. Date: Name: I i FL Relevant professional qualificationlsl or body lif anyl- kcAA CG HA Address: 27£ It24 qk£ io