RECISTERED CHARITY NUMBER.. SC026072 Report of the Trustees and V￿audItsd Flnxncial Statements for the Ye*r Ellded 28 Ftbruary 2025 for Borders Childr¢iJ5 Charity Gall Robertsott CA TweEd%id¢ PaTk Tweedbank Gala5hiels Selkirkshirc TDI 3TE Borders Cblldrens ch￿lty Contents of the Fln#nn CA Tweedside Park Twe¢dbaDk Galashic18 Selkirk5hir¢ TDI 3TE Approved by order of ihe board of twstees on .... and si£ned on it5 bEh8lf by.. Pag¢ 2 IDdependent Examiner's Reporl to the Trustees of Border5 ChAldrens Charfty l Tepon on Ihe accounis for the year cnded 28 February 202) sel out on pages four to ren. Resyeetive r£sponsibilities of trusttes examimer The chariiv's tru%te£s are respons*bl¥ tur the preparaiion of the accovnis in ￿Cordance with the temis ef the Charities d 'fruslee In￿¥%1￿¢nr ISLutlaxdl Ati 2005 gnd the Charilies Account5 Iscoilandl Regulation5 2006 1&s atnended). Thc Charity's tru5te&% con.%ider thai Iht audit requiremeni of Regulaiion 101 I Ila) to {cl of the Accounts Regulations doe5 noi applv. li is my iutxjnsibility lo exiirnine Ihe aLLounis as required under SeLlioll 44( I Ilcl of the Aci and 11) siaie whether panicuiar mattcrs havc com¢ to my attttrtion. Basis of Ibe ittdependent examiner's report Mv examination was Ca￿]ed out in accordance with Regulaiion I l of the Charities Accounts (Scoilandl Regul8ti()ns 21X)6. An ¢Xdtninaiion includes a review ot. the accouniing records kcpi by thL charitv and a comparison otr the accounis presented wilh Ihose r¢¢ord5. 1( (1150 iniludrs Lonsid¥rdiion ot any unusuol iiems or disclosll￿S in the accounis. and seeking explanations fr()m you as tnjsiecs conLerning any such matters. Tht pr(Kedures undertak¢n do not pro￿lde all Ihc evidence Ihal would be required in an audil. and consequeNily I du not express an audil opÈnion on ihe view given by the accounis. IndependtTht exgmlntqs ¥txtrrnent In connection ivith mv exarnination. no matter h&% rotn¢ lo my artcntion-. 111 which gives me regsonable cause to believ¢ thai. in anv material r£5p¢cI, the requirements 10 ktep 4L¢ouniing records in acc¢x¢Janc¥ ly￿th Section 441 Illal of Ihe 21X)5 and Regul8tion 4 of the 2006 Accounts Re¥ulationh.' &nd lo prepar¢ accounts which accord iyiih Ihe accounting r￿ordS arKI 10 complv with R¢gulaiion 8 of ihe 2006 Accounts Regulation$ have noi been meL or 12) 10 %vhith. in my opinion, allertlion should be drawn in order ¢0 enable a proper understatlding of Ihe accounts to bc r¢aih¢d. all Kobertson CA Tweedside Park Tweedbank GalJshic15 Selkirk5hirc TDI 3TE Dale.. Page 3 BoTdtrs Chhldrens Cb*rtty Statement of FiyAaJJei21 Activities for the YeAr Ended 28 Februyry 2025 28.2.25 Total funds 28.2.24 Total Unrestricted fund Restricted nds Notes ILYCOME AND ENDOWMENTS FROM Dotjations and leg%Tres 81,687 35,600 117.287 47,347 Other trading aclivitics Investment income 5,530 664 990 Total 82,677 35,600 118,277 53,541 EXPENDITURK ON Charitable activities Genernl 58247 13,249 71,496 52,912 NET INCOME 24,430 22,351 46.781 629 RECONCILIATION OF FUNDS Toial funds bTought fonyard 86,022 86,022 85,393 TOTAL FUNDS CARRIED FORWARD 110,452 22JSI 132,803 86,022 The notes fom) part of these financial 5tatem¢nis Page 4 Borders Childr¢ns Charity Balance Shttt 28 February 2025 Ullrestricied fvnd Restricted nds Total funds Toial funds CURRENT ASSETS Cash A( bank 110,848 22.3il 133,199 86.400 CREDITORS Amounts tolling due within one year 13961 13961 {378) YET CURREIYT ASSETS I lQ,452 22.3il lJ2,803 86.022 TOTAL ASSETS LESS CLIRRENT LL4BILITIES 110.4)2 22 Jil 132,&ll3 86,022 NET ASSETS 110,4)2 22.3) I 112,803 86,022 FUNDS LlnrolriLltyJ funds Rc5triclcd fvnds I IU,452 22.351 86,022 T%..kn..K..... atsd We￿ Signed on its behalf by.. on The notes fom) part of th¢se financial siateTnents Page 5 Border3 ChildrtJJs Charity Note$ to the FinaDcial S*atements for the Ye*r Ended 28 February 2025 ACcOUNT￿C POLICIES B¥sis of preparing the financial ststements The financial statemenls of the ciwity, whi¢h is a public benefii eniily under FRS 102, have ken prepared in accordance with the ChgTifies SORP IFRS 1021 'Accounting and Reporting by Charities.. Statement of RecomTnetJded Practice appliuble to charities preparing (heir accounts in accoTdan¢e with th¢ Financial Reponing Standard applicable in the UK and Republic of Ircland IFRS 1021 (effeGtiv¢ l j￿Uary 20191,, FI￿l)cial Reporting Standard 102 'fhe Financial Reporting Siandard applicable in th¢ UK and Republic of Ireland, 8t)d the Chari11&8 and Trustee Invesimcnt (Scotlandl Act 2005. The financial 5ta¢¢rnertls have been Prepared under the historical cow convention. Going Con¢¢rn The directors have &8sessed a period of 12 month5 from the date of approval of the financial statement5 and consider that no material uncertainties exist that CASt Si￿1r$Cant doubt about the ability of the company to ootinuc 8s a going Concern. Thus the direciors adopt th¢ going concern basis of accounting in preparing the financial sta1ements. Income All income 15 recognised in the Siatemertt of Financial Aciiviiies once the charity has entitlement io the funds, it is probable that the income will bc rtceived artd the amount Can be measured reliably. Expenditsrn Liabilitie5 are recognised as expenditure ￿ soon as ihere is a legal or consfft)ctive obligaiion com]nitting ihe charity lo that expenditUTe, il 15 probable that a transfer of economic Lyrtefjts will be required in settlemenl and the amount of the obligatioll can be measured rcliably. Expenditure i5 ac¢ounied for on an accnjals basis arjd h been classificd under headings that aggregare 811 c05t relaied 10 the category. Where co515 cannot be directly attTibuied to particular headings they hav¢ been allwaied io activities on a basis consistent with the use of resour¢es. Grant5 OtTered subject to Gonditions which have noi been met at the Ye￿ end date aTe noted as a commitment but not a£cruEd as expcnditure. TAx&tioll The ¢haTity is exeThp¢ from on its ¢haritsble activili¢s. Fund aeroulltitig Unrestricted funds can be US￿ in auordance with the Charitable obj¢¢tives at the discTtlion of the Irusttt& Restricted funds ¢an only be used for particular restriaed pU￿oSe5 Wlthin the object5 of the chtirity. Re5th¢¢i(ms erise when specifjed by the donor or when funds are raised for particularTestri¢ted purpose& Further explanation of the nature and PUTtK>se of each fijnd is in¢luded in the llOt¢s 10 Ihe fmancial sta*meAts. Provisiolls Provisions arc reCo￿l$ed when the eniity has an obligation al the reporting date ¥ a result of a past event., it is probable ihat the ¢n¢ity will be required to iransfer economic benefits in settlement and the 8mouttt of the obligation Can be e8tim3l¢d teliably. Provisions are recognised as a liability in the statement of finan¢ial positiotj and the arnwnt of th¢ provision ￿ an expense. Provisions are initially megsuTed at the best e5tiTnaie of the amount trquired to settle the obligation at Ihe poning datc and subsequently reviewed at each retK)rting date a￿d adjusted to reflect the ¢UTreni best estimate of the amount that would be required lo settle the obligation. Any adjustments to the amounts previously recognised are recogni5ed in PTofit or 1055 unless the prowsion was originally Tccognised &s part of the epsi of an asset. When a provision is measured at the present value of the omount expected to be required to Settle the obligation, the unwinding of the discount is recognis¢d in filwice cts8is in profit or1055 In the period it aTise5. Page 6 continued... Border5 Childrens Charlry i otes lo the FinanLi#l Statejne￿ts- continLted for the Year Ended 28 Tr'ebruary 2025 OTHER T114DINC ACTIVITIES 28.2.25 28.2.24 FundraisiT)g ev¢nt5 5,i3O INVESTNI IEYI T INCOfvIE 28.2.25 28.2.24 Deposit aceouBI interest 990 664 TRUSTEES, REMUNERATION ANI D BENEFITS There ivere no twstce5' ￿muneratIon or other bEn¢f2ls for the year en(l¢(1 28 Febn]ary 2025 nor for the year ended 28 February 2024. Trustees, eJpen5es The￿ were no 28 February 2024. trusitts, eYp¢ns 110,749} 9,051 13,300 35,fAJ) 113,249) 22.351 TOTAL FUNDS 118277 171.496) 46,781 Cothparatives for moVtmeDt Ill funds Net movement ill fi￿d3 Ai 28.2.24 At 1.3.23 Ullre5tritted l)Jnd5 General fund 85.393 629 86,OZ2 TOTAL FULYDS 85.393 629 86,022 Page 8 continued... Borders Childrens Charity Notes to the Flna]Jt121 Stutetnents- eontinutd for the Year Ended 28 February 2025 IOVEMEINT Il* FLIYDS- tontlnued CDtnparaiive nei movement irt fundb. inLluded in the above are as follow5.' Incomin¥ resource5 R¢sources expended MoveEneni itt tijnds Uttrestritted fund5 General fund 53.541 1)2,9121 629 TOTAL FUPIDS i3.i41 (52,912) 629 A c￿￿ent y¢aT I? months and prioryezr 12 ￿0￿1h5 combined posilion is ds follows.. movemen¢ in funds Al 28.2.2) Ai 1.3.21 L'nrestrieted funds Generdl fund 85,393 2i,059 110.452 Restricted funds Spifox IA>ttery fund 9,051 13.300 9,Oil 13,3(K) 22.3il 22.351 TOTAL FUNDS 47.410 132,801 A cutTenl year l ? tnonths and prior year 12 Enonihs combined net movement ID tunds, included in the aiM)ve are as follows.. Incoming resources Re.sourc¢s expended Movement in fun Ullre5tricted funds General tund 130,218 25,059 Restrieted funds Ur7_Oll¢ Spifo Lottery fijnd 2,5 19,800 13,300 {10,7491 9.051 13.300 35,600 (13,2491 22,351 TOTAI, FUINDS 17),818 1124,4081 7,410 Page 9 continued... Bovdtrs Childrens Ch#rity Notes to the Fin4Dcial StAtemtnts- coDtiNued for the YeAr Ended 28 February 2025 RELATED PARTY DISCLOSURES "There wert no related pty transaciions for the yegT ended 28 FebTUary 2￿25. Page 10