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£
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