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← Edinburgh College Students' Association

2025-06-30-accounts

Registered Charity Number: $C028544

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EDINBURGH COLLEGE STUDENTS’ ASSOCIATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS FOR THE YEAR TO 30 JUNE 2025 (Charity Number: SC028544) ,

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|||||||||| |---|---|---|---|---|---|---|---|---| |Contents|:| |||a|,|Page| ||| |_|Trustees'|Report|.|.|4-8| |Independent|Examiner's|Report|ps|.|.|9-10| |Statement|of|Financial|Activities|os|.|.|11|.| |Balance|Sheet|:|.|.|.|12| |Notes|of|forming|part|of the|financial|statements|—|13-23|

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EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS FOR THE YEAR TO 30 JUNE 2025 (Charity Number: SC028544)

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BOARD OF TRUSTEES AND ASSOCIATION INFORMATION

Board of Trustees

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Full-Time Trustees : President (Chair)

Vice President Sports & Activities . Vice President Wellbeing

Adam Lowe : Mary O'Driscoll Sukinder Landa

Voluntary Trustees

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Student Trustee Student Trustee .

External/Lay Trustee (Vice Chair) External/Lay Trustee External/Lay Trustee —/

Lauryn Kokovworho Harry Richie Heather Innes | Kirsten Koss Garry Quigley

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Charity number:

aN Address:

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SC028544

350 West Granton Road Edinburgh EHS 10E ;

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Independent examiners:

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Bankers:

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Henderson Kildavaig Chartered Accountants 109/14 Swanston Road Edinburgh EH10 7DS

Royal Bank of Scotland plc ' Edinburgh, Stockbridge (A) Branch 12 North-West Circus Place Edinburgh EH3 6SX .

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EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS FOR THE YEAR TO 30 JUNE 2025 (Charity Number: SC028544) . 2 ee REPORT OF THE BOARD OF TRUSTEES . - The Board of Trustees are delighted to present their annual report and financial statements of the charity for the year ended 30 June 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and Accounting — and Reporting by Charities; Statement of Recommended Practice applicable to charities preparing their - accounts in accordance with the Financial Reporting Standard FRS102 Section 1A and the Charities SORP (FRS102) STRUCTURE GOVERNANCE ANDMANAGEMENT a The Association is governed by its Constitution which was last updated in May 2016. The political leadership of the Association is made up of 3 Full-Time Officers, elected annually and limited to a maximum of 2, 1-year terms. The Association is membership-led and the democratic structure is set out in our Constitution. The charity is governed by a Board of Trustees made up of the 3 Full-Time Officers, 2 current Student Trustees, and 3 External/Lay Trustees. Only the 3 full-time Officers are remunerated, with the other Trustees being volunteers and the Board ordinarily meets 4 times per year. The Association employs || Trustees.a small groupTheofDirectorstaff includingis responsiblethe Directorfor whothe operationalline managesmanagementthe other staffof theandAssociationreports to theasBoardwell asof | reporting on the progress against agreed Strategic Objectives. Staff salaries are set in line with agreed | Scotland-wide College support staff pay scales. Full-Time Officer salaries are set by benchmarking against | other Scottish Students’ Associations.

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Students’ Association Elected Officers The Students’ Association’s President and Vice Presidents were elected during March 2024 for the ee 2024/25 session and took up post on 1% July 2024. In 2017, the Association agreed to change the way in | which we supported the work of the Full-Time Officers (FTOs), moving away from formal, elected volunteer | officers, with specific remits, to a more informal group of volunteers for each task or activity. This has | meant that student volunteers do not need to go through the process of elections to get involved with | activities and has meant that they are able to pick and choose which parts they want to take more * leadership on, improving our engagement with students.

| The elected officers for session 2024/25 were as follows: | Full-Time Officers , | President | Vice President Activities

Full-Time Officers , President Adam Lowe . Vice President Activities Charlie Whitson Vice President Welfare Sukinder Landa

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Staffing & Salaries

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Staff Association Director Representation & Impact Coordinator Communications & Events Coordinator

Al Wilson Genevieve Fay Graham Smith

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EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS FOR THE YEAR TO 30 JUNE 2025 (Charity Number: SC028544)

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OBJECTIVES AND ACTIVITIES

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These are summarised in the Constitution, which is approved by the Association’s Board of Trustees as well as the College Board of Management, as follows: We aim to advance the education of students at Edinburgh College for the public benefit by:

These aims and objectives are pursued without discrimination on the grounds of age, sexual orientation, disability, gender, religion or race. The Union also operates independently of any political party or religious organisation.

In pursuit of these goals, the Association works in partnership with Edinburgh's College’ students, staff and Board of Management.

ACHIEVEMENTS AND PERFORMANCE Introduction from the President, Chair of the Board of Trustees

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The last year has been very interesting, to say the least. | think this year can be summed up as a journey.

From the beginning of this academic year, | started. out as a simple young boy from a quiet town wishing to ease his way into the bustling culture of Edinburgh. When | was elected, | was surprised, | finally felt seen, maybe because | grew up knowing | wasa bit invisible to people. | finally felt like | had a purpose fulfil, and | watched myself say goodbye to that quiet boy | once was, becoming Edinburgh College’s President. | have developed in many ways, and there are sometimes when | regret not hanging on to my naivety. But | am now who this College needs me to be. We are the Students’ Association; we are responsible for 25,000 voices. All equally as important as each other, we are here to fight for them, to listen to them and to speak for them. We are not here to be pushed by anyone else but them. | believe that is what we have done, we have been a microphone to those students who need it. But | will never be satisfied as we must always push to be greater. We will continue - to develop our Reps, we will continue to give food to those in poverty, we will continue to do everything that we have done this year and do more, because we are the Students’ Association, and we’re powered by students.

This is an exciting time for the Students’ Association and with our hands held in each other’s we will become the most powerful force in this college, and we'll continue on, as we always will.

Some of our top achievements from 2024-25 include:

  1. Winter Coat Drive

Staff and students contributed pre-loved, high quality winter coats, hats, scarves and gloves to help _ the college community this winter.

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EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS FOR THE YEAR TO 30 JUNE 2025 (Charity Number: SC028544) a 2. WeCommunitycontinue toFridgehelp the planetooand students’ pockets. by running our community. fridge initiative | across all four campuses. 7 . .

  1. New Strategic Plan for 2025-28 Afternext monthsthree years.of development, we have launched our new. strategic plan, which will guide us over the

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  1. Class Reps & Lead Reps . ) We've had more Class Reps than ever and launched our Lead Rep scheme, ensuring student voice is at the heart of what we do.

  2. ' 5. Student Life Survey More students than ever had their say in our Student Life Survey, with over 900 responses allowing us to understand more about life inside and beyond college.

  3. Reverse Shadowing 2.0 , - Reverse shadowing has gone from strength to strength, with members of the Senior Management Team now taking part, as well as Board Members. .

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  1. Student & Staff Events . We've delivered a suite of events for both students and staff, which helps to build the sense of community at college and directly ties in with our Student Mental Health Agreement.

  2. Leading the sector - oe Our elected officers have takena lead in various sector initiatives throughout the year, from the new. Scottish Tertiary Enhancement Programme to Officer Networking events and NUS.

  3. Edinburgh College Merchandise launch a

, We've worked alongside the college’s commercial and marketing teams to bring branded merchandise to Edinburgh College. ;

|| 10. AwarenessAwareness eventsDays —arePromotingat the heartEqualityof what through we do, andEngagementthis year we’veEventsraised the profile of causes | from International Women’s Day to Mental Health Awareness Week and Earth Day.

And with that, we come to the most recent part of our year that was — the launch of our new Strategic Plan for 2025-28: Buzzin’ for the Future.

This has been in development for more than a year now, and it is a personal point of pride to be able to launch it recently. The plan sets out exactly what we are all about as an organisation, and with the ambition and passion that we see every single year from our Officer Team and student volunteers, we aim for the stars to work hard to make students’ lives better. To represent, connect, support, include, and help the planet. To put students first, and work with our partners to achieve. This plan exemplifies the core of what a Students’ Association is and the potential of what we can deliver.

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EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS FOR THE YEAR TO 30 JUNE 2025 (Charity Number: SC028544) |

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Thank you to everyone who has worked with the Students’ Association over the past year — your support and willingness to accept our diversity as a positive is truly valued and valuable to the future of our sector.

Particular thanks to the continued, vital support and genuinely positive working relationship we have with the Development Trust, College Senior Management Team, and Board of Management. We are unique in the sector for how we operate, and our partnership approach and mutual respect for each other's’ roles and activities is the rock that we build upon.

BOARD RESPONSIBILITIES

Charity law requires the Board to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Union and of the surplus or deficit for that year. In preparing the financial statements the Board is required to select suitable accounting policies, as described on pages 13 & 14, and then apply them on a consistent basis, observe the methods and principles in the applicable Charities SORP, make judgements and estimates that are prudent and reasonable and state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements. The Board must also prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Union will continue to operate.

The Board is responsible for keeping accounting records which disclose, with reasonable accuracy, at any time, the financial position of the Union and to enable them to ensure that the financial statements comply with the Charity Accounts (Scotland) Regulations 2006 (as amended). It is also responsible for safeguarding the assets of the Union and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

FINANCIAL REVIEW

The Association’s main funding comes from Edinburgh College. This funding is now treated by Edinburgh ’ College as being co-terminus with its own financial year of 1 August to 31 July. Until 2019 funding received from Edinburgh College was made in line with the Association’s financial year of 1 July to 30 June.

The financial statements should be read in conjunction with the related notes which appear on pages 13 to 21, and these have been prepared in accordance with the Financial Reporting Standard FRS102 1A and the Charities SORP (FRS102) and relevant law.

The charity’s activitiesin the year resulted in a surplus of £10,332 of unrestricted funds which added to unrestricted reserves brought forward at 1 July 2024 (as restated) of £96,256 gives unrestricted reserves of £106,588 available to be carried forward into the new financial year to be used, in accordance with the Constitution, in furtherance of the objectives and activities of the Students’ Association.

In the year the charity received funding which was restricted. Financial details of income and expenditure for the projects carried on during the year can be foundat note 10 within the Notes to the Accounts. At July 2025 £24,362 (2024 - £31,927) was carried forward into the new financial year to be used in accordance with the objectives of the Climate Challenge Fund and is not available for general purposes.

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Prior Period Adjustment

fromDuring the preparation of the 2024/25 financial statements, it was identified that grant income of £25,000 Edinburgh College, which had been recognised as income in the current year, related to the prior financial year ended 30 June 2024. The comparative figures have been restated accordingly. The effect

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EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS FOR THE YEAR TO 30.JUNE 2025 (Charity Number: SC028544) a

of this restatement is to increase the previously reported 2023/24 income by £25,000 and to reduce the ~ previously reported deficit for that year from £30,825 to £5,825. The 2024/25 income has been reduced by £25,000 to reflect the correct allocation. There is no impact on the total funds held at 30 June 2025. Further details are set out in Note 18 to the financial statements. -

Reserves Policy ECSA aspire to build up a level of unrestricted reserves equivalent to three months operating costs for the Association. At 2024/25 levels, this will equate to c.£75,000. These reserves are to permit theAssociation to ensure it is able to meet its financial obligations at all times of the year and to enable the organisation to be wound up appropriately, should the need ever arise. Reserves will accrue from small budgeted surpluses annually, plus any underspend against annual income. Once the level of reserves has been reached, any subsequent surplus monies will be used’ to fund projects and other one-off expenditure as approved by the Association Director and or the Board, depending on the level.

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Adam Lowe, President

pate. 21/03[2026 ncn

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EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS FOR THE YEAR TO 30 JUNE 2025 (Charity Number: SC028544)

_ INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF EDINBURGH - COLLEGE STUDENTS’ ASSOCIATION

| report on the accounts of the charity for the year ended 30 June 2025 which are set out on pages 11 to 23. ; . |

Respective responsibilities of Trustees and examiner

The Trustees 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 (as amended). The Trustees consider that the audit requirement of Regulation 10(1) (a) to (c) 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

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My examination is. carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended). 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.

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31/03/2026

EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS FOR THE YEAR TO 30 JUNE 2025 (Charity Number: SC028544)

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STATEMENT OF FINANCIAL ACTIVITIES

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|||||||||| |---|---|---|---|---|---|---|---|---| |Notes|Year|Ended|Year Ended| |30|June|2025|30|June|2024| |Unrestricted|Restricted|2025|2024| |.|Funds|_—s-|Funds|Total|Total| |£|£|£|£| |Income|and|endowments:|.| |Donations|&|legacies|3&10|278,924|-|278,924|307,853| |Charitable|activities|4|2,953|-|2,953|-| |Investments|4|97|-|97|104| |Total|income|281,974|-|281,974|,|307,958| |Expenditure:| ||| |Charitable|Activities|.| |Sabbatical|costs|6|91,865|-|91,865|90,594| |Staff|costs|6 &10|157,010|-|157,010|188,302.| |Project|Fund|Costs|10|-|-|:|-| |Clubs|and|Societies|7|943|-|943|943| |-|Subscriptions|and|affiliations|8|1,581|-|1,581|1,630| |Events|and|Activities|9|4,137|7,565|11,702|9,230| |Central|Services|5|16,106|-|1 6,1 06|23,084| |Other:| |Depreciation|11|s|-|-| |Total|expenditure|271,642|7,565|279,207|313,783| |Net|incoming|resources/| |(respureesrexpended)|10,332|(7,565)|2,767|(5,825)| |Transfers|between|funds|-|-|-|-| |Net movement|in funds|10,332|(7,565)|2,767|(5,825)| |.|.| |Reconciliation|of|funds:| |Total funds|brought forward|(as|96,256|31,927|128,183|134,008| |restated)| |Total funds|carried|forward|-|-|406,588|24,362|130,950|128,183| |The|notes on|pages|11|to 23 form|part of these|financial|statements.|

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EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS FORTHEYEARTO30 FORTHEYEARTO30 FORTHEYEARTO30 30 30JUNE 2025 30JUNE 2025
(Charity Number: SC028544) ; oo
BALANCE SHEET :
; . Total
Notes Unrestricted
Funds		 . Restricted
Total Funds
Funds
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2025		 Funds2024
(Restated)
£ £ £ £
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Fixed Assets:
- Tangible Assets, ‘11 - - - ‘e
Investments 12 110 : - 110 110
Total Fixed Assets . 110 - 110 110
Current assets:
Debtors 13 132,046 - 132,046 126,983
- Cash atbankand in
Hand		 3.306
Sa		 _-
——		 3306
nl		 14,596
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Total CurrentAssets 135,352 : 135,352 141,579
Liabilities: ; .
Creditors: amounts falling
due within one year		 14 (4,512) - (4,512) ; (13,506)
Net CurrentAssets - 130,840 - 130,840 128,073
Total netassets or 130,950 = 130,950 . 128,183
liabilities
The funds of the
charity:
Restricted Funds		 16 . 24,362 24,362 : — 31,927
Unrestricted Funds 16 106,588 - 106,588 96,256
Totalcharity funds , 106,588 24,362 130,950 — 128,183
Thesefinancial statements were approved bytheTrustees Trustees on:
3\/02/2026
Date.
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Adam Lowe, President
The notes on pages 11 to 23form part ofthese financial statements.
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EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS FOR THE YEAR TO 30 JUNE 2025 (Charity Number: SC028544)

NOTES TO THE FINANCIAL STATEMENTS

1 ACCOUNTING POLICIES

Basis of Accounting

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) 1A, the Charities SORP (FRS 102), taking advantage of the exemptions applicable for small charities, the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).

The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

Income recognition

Income is recognised once the Association has entitlement and it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are recognised in the accounting period to which they relate and are subject to agreed services and activities.

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Interest on funds held is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Expenditure recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the Association to the expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

All expenditure is accounted for on an accrual’s basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings.

Cash Flow Statement

The Students’ Association has taken advantage of the reporting exemptions for small charities and do not include a cash flow statement as part of their statutory reporting. i

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Fixed Assets

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Tangible assets

Tangible assets are capitalised at cost including installation, where appropriate.

Equipment costing less than £2,500 per individual item is charged to the income and expenditure account in the year of acquisition, with the exception of individual assets whose cost falls below the threshold and posea risk of fraud or theft, when they are grouped by type and capitalised. oo

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Capitalised equipment is written down over its useful economic life as follows:

Plant and equipment Furnishings and fittings

up to 5 years up to 10 years

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EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS FOR THE YEAR TO 30 JUNE 2025 ‘ (Charity Number: SC028544)

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NOTES TO THE FINANCIAL STATEMENTS

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Accounting Policies (continued)

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Investments

Investments are stated at cost less any provision for diminution in value.

Taxation

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No provision is made in these accounts for Corporation Tax as the Union is exempt from such taxes as a result of its charitable status.

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| Pension costs and other post-retirement benefits

ECSA staff are included in the Local Government Pension Scheme (LGPS) run by Edinburgh College. This is a defined benefit scheme providing benefits based on final pensionable pay. The assets and liabilities of the scheme are held separately from thoseof Edinburgh College. Additional information in relation to the LGPS is available within the accounts of Edinburgh . College. Contributions payable to the pension scheme by ECSA are charged to the Statement of Financial Activities in these accounts in the period to which they relate. This is in adherence to FRS 102 Section 1A where a multi-employer defined benefit scheme may be accounted for as a defined contribution scheme where the entity cannot identify its share of the assets and liabilities. .

) Funds . Unrestricted funds are. grants or other incoming resources receivable or generated for the objects of the charity without further specific purposes and are available as general funds.

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Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the restricted funds.

2 GOING CONCERN | . The Association is dependent on the continued financial support of Edinburgh College. The accounts have been prepared on a going concern basis on the assumption that financial support will be made available by the college until at least twelve months from the date on which these accounts were approved.

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DONATIONS & LEGACIES & LEGACIES LEGACIES : _
| ° 2025 a 2024
) £ £
Edinburgh College 278,924 307,853
Grant Income Received os -
, 278,924 307,853
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In 2025 of the donations and legacies income £0 (2024 — £0) were attributable to restricted funds and £278,924 (2024 restated - £307,853) to unrestricted funds. The 2024 comparative has been restated to include £25,000 of grant income previously recognised in the year ended 30 June 2025. See Note 18. , .

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EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS FOR THE YEAR TO 30 JUNE 2025 (Charity Number: SC028544)

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NOTES TO THE FINANCIAL STATEMENTS

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CHARITABLE ACTIVITIES ACTIVITIES & OTHER INCOME OTHER INCOME INCOME
Other Income Income
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. 2025 2024
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Square Merchandise
Income 2,953 -
2,953 -
INVESTMENT INCOME.
. 2025 2024
£ £
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Interest Receivable 97 104
97 104
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4 CHARITABLE ACTIVITIES ACTIVITIES & OTHER INCOME OTHER INCOME INCOME

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Other Income Income
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5 CENTRAL SERVICES

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EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS FOR THE YEAR TO 30 JUNE 2025 (Charity Number: SC028544) °

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_ Oo Oo 2025 2024
£ £
Hospitality - -
Miscellaneous : : 3,612 3,085
Mobile and Internet subscriptions 1,158 943
Advertising, marketing & merchandising. — 2,455 2,236
Printing, postage & stationery - -
Equipment 943 . 3,392
Donations & Prizes 329 1,793
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Travelling & subsistence - - mo
Staff recruitment & training 48 764
Software costs . - :
Hardware costs 521 1,627
Licences . os . -
Conferences . 660. . 2,743
Office Expenses 1,792 1,939
11,518 }
Independentexamination fees
BankCharges		 : 4,500
88		 . 4,500
62
16,106 23,084
NOTESTO THE FINANCIAL STATEMENTS
SABBATICAL AND STAFF COSTS
. . 2025
£		 2024
£
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SabbaticalSalaries 76,120 75,101
Pension
Contributions		 13,317 , 13,828
Relates on-costs 2,428 - 1,665
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Average number of staff—3 (2024— — 3).
No employee received emoluments of more than £60,000.
2025 2024
£ . a £

NOTES TO THE FINANCIAL STATEMENTS

6 SABBATICAL AND STAFF COSTS

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EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS FOR THE YEAR TO 30 JUNE 2025 (Charity Number: SC028544)

Staff Salaries 198,610 221,142
Pension ,
Contributions 34,835 41,057
Relates on-costs 15,430
248,875 278,896

Average number of staff — 8 (2024 — 8).

. No employee received emoluments of more than £60,000. .

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Of the 8 staff members, 8 staff members (2024 - 8) were attributable to unrestricted funds and0 staff members (2024 - 0) were attributable to restricted funds.

In 2025 of the total staff salaries £198,610 (2024 - £221,142) were attributable to unrestricted funds and £0 (2024 — £0) to restricted funds.

NOTES TO THE FINANCIAL STATEMENTS

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7 CLUBS AND SOCIETIES ;
. 2025 2024
£ £
Table Tennis. 682 55
Game Society 261 888
. 943 943
8 SUBSCRIPTIONS AND AFFILIATIONS
| | 2025 2024
7 £ £
NUS 1,238 1,386
Amazon Prime 152 54
LiftShare ~ - cnet
Buffer - Social Media Management Tool - -
- -
StreamyardHeyZineMentimeter ~ | . . 191- 190-
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8 SUBSCRIPTIONS AND AFFILIATIONS

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EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS FOR THE YEAR TO 30 JUNE 2025 (Charity Number: SC028544) .

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Zoom - - —
1,581 1,630
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9 EVENTS AND ACTIVITIES
2025 2024
£ £
Freshers’ Fair — , - -
Mental Health Campaign 1,519 , 858
ECSA-llence Awards ; - ; -
LGBT Event : - ; -
WMHD Event , = =.
Student Christmas Event - 76 312
NUS Event , - 2
Tea & Talk - -
Residential Event 2,542 4,405
Breakfast Club - -
Go Green Programme 7,565 3,355
11,702 9,230

_ NOTES TO THE FINANCIAL STATEMENTS

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PROJECT FUNDS
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Analysisof ProjectFunds.		 Opening
Balance		 ;
Income		 .
Expenditure		 Closing
Balance
£ £ £ £
Climate Challenge Fund 31,927 - 7,565 24,362
Funds at30June 2025 31,927 - 7,565. 24,362
11 TANGIBLEASSETS ; oe —
2025 2024

10 PROJECT FUNDS

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11 TANGIBLE ASSETS

2024

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EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS FOR THE YEAR TO 30 JUNE 2025 (Charity Number: SC028544)

£ £
Plant &machinery =
Cost . . 9,619 9,619
at 1 July2024
Additions foryear - -
At30June 2025 9,619 9,619
Depreciation
at 1 July 2024 9,619 , 9,619 -
Charge foryear ~ - -
At 30 June 2025 9,619 , 9,619
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__ Net Book Value _- _-

NOTES TO THE FINANCIAL STATEMENTS

2025 2024
- kg £
At1 July 2024 110 110
At30June2025 . 110 110

At 30 June 2025 the Association held investments at cost in the following companies which are incorporated in the United Kingdom.

Name ‘tf Main Trading . of Company ; Activity Equity Held NUS Services Limited Purchasing Services 0.38%. Whitmuir Community . armibimnicd Organics Farm 5 shares @£10

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13 DEBTORS
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2025 2024
3 A
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126,983 |

Accrued Income

132,046

EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS FOR THE YEAR TO 30 JUNE 2025 (Charity Number: SC028544) -

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132,046 126,983.

In 2025 accrued income of £132,046 (2024 restated - £126,983) relates to unrestricted funds and nil (2024 - £0) to restricted funds

The 2024 comparative has been restated to include £25,000 of accrued grant income from Edinburgh College. Se

14 CREDITORS: Amounts falling due within one year

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|||| |---|---|---| |,|2025|2024| |.|£|£| ||| |Accruals|4,512|13,506| |4,512|13,506|||

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In 2025 accrued expenditure of £4,512 (2024 - £13,506) relates to unrestricted funds and nil © (2024 — £0) to restricted funds. ,

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EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS FOR THE YEAR TO 30 JUNE 2025 (Charity Number: SC028544) ;

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NOTES TO THE FINANCIAL STATEMENTS

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15 RELATED PARTY TRANSACTIONS ,
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The Association’s main source of funding from Edinburgh College is subject to conditions as stated in the Constitution, and the grant awarded in this financial year was £278,924 (2024 restated - £307,853).

At 30 June 2025, a balance of £132,046 was due to the Association from Edinburgh College in respect of grant funding, and is included within debtors (Note 13) (2024 restated - £126,983). Subsequent to the year end this amount has been received. )

The Association occupies a room at each of the four campus locations on a rent-free basis, under an informal licence, subject to the Union maintaining the rooms in a good state of repair. The Association would not seek to rent commercial premises if these rooms were not available on campus and so the - donation of these facilities is not quantified in the accounts. :

. The Trustees of the Association are the members of the Board as previously listed on page 3. The Full Time Officers of the Board receive remuneration for services as provided for within the Constitution. The ‘aggregate amount payable under such contracts in the year was £91,865 (2024 - £90,594). No Trustees, other than the Full Time Officers received any expenses or benefits in the year (2024 - £nil).

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EDINBURGH COLLEGE STUDENTS’ ASSOCIATION ACCOUNTS FOR THE YEAR TO 30 JUNE 2025 (Charity Number: SC028544)

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|||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |NOTES|TO THE|FINANCIAL|STATEMENTS||||| ||| |16FUNDS||| |||Unrestricted|Restricted|Total|Total| |Fund|Fund|2025|2024| |.| |,|£|£|£|£| |At|1|July 2024|(as|restated)|96,256|31,927|128,183|134,008| |Incoming|resources|during|the| |year|;|281,974|-|281,974|282,958| |Resources|expended|during|the| |year|(271,642)|(7,565)|(279,207)|(313,783)| |Gross transfers|between|funds|:|:|-|-| |At|30 June 2025|106,588|24,362|130,950|128,183| |The|unrestricted|funds|held|at|30|June|2025|are|used|in|accordance|with|the|Constitution,|policies|and| |direction|from|the|college|and|in|furtherance|of|the|objectives|and|activities|of the|Students’|Association.|,| |The|restricted|funds|held|at|30|June|2025|are|used|in|accordance|with|the|terms|and|conditions|of|the| ||Climate|Challenge|Fund|in|furtherance|of the|objectives|of the|project|it|is|funding.|—| |17|CONTROLLING|PARTY| |The|Association|is controlled|by|its Board|of Trustees. The|ultimate|control|of the|Union|is vested|under the| |Constitution|in|the|membership|in|General|meeting.|As|such,|no|single|person|or|entity|controls|the| |Association|as|defined|by|FRS|102|Section|33.| |18|PRIOR|PERIOD ADJUSTMENT| |During|the year|it was|identified|that|grant|income|of|£25,000|received from|Edinburgh|College,|which|was| |recognised|as|unrestricted|income|in|the|year|ended|30 June|2025,|related|to|the|financial|year|ended|30|—| |June|2024.|Entitlement|to|this|income|existed|prior|to|30|June|2024|and|accordingly|the|income|should| |have|been|recognised|in|the|2023/24|financial|statements.|

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In accordance with FRS 102 Section 10.21 and the Charities SORP (FRS 102), the comparative figures for the year ended 30 June 2024 have been restated to correct this error. The effect of the restatement is as ' follows: ;

Effect on the Statement of Financial Activities (year ended 30 June 2024):

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|||||| |---|---|---|---|---| |(eeereported|[£]|eee)| |[Totalexpenditure|ss|C—C*idEC ‘$SSCSCSC(813,7BBD]|(813,788)|||

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|||||||| |---|---|---|---|---|---|---| |Net movement|in funds|(unrestricted)|—*(30,825)[—=—=—=+25,000|(5,825)||| |Effect on the on the the|Balance|Sheet|(as|at 30 June 30 June June|2024):| |__._|reported|£| |Unrestricted|funds| |Total charity|funds|||103,183|425,000]|128,183|||

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Effect on the on the the Balance Sheet (as at 30 June 30 June June 2024):

There is no effect on the closing reserves at 30 June 2025, as the income has been recognised in the financial statements albeit in the incorrect accounting period. ,

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