St Margaret of Scotland Youth Group Report and Accounts For the year ended 31 March 2025 Scottish Charity No: SC029806 Trustees, Annual Raport Reference and Adminlstrativa Details Charlty name: St Margaret of Scotland Youth Group Scottlsh Charlty Number: SC029806 Principal address: Bankers: Bank of Scotland 191 Kirkintilloch Road 8ishopbriggs Glasgow G67 2LS Trustees and Managemant Commlttee Th8 President 18 appointed by the Ecclesiastical Superior of the Roman Catholic Archdioce8e of Glasgow. All other trustees are appointed by the President in accordanGe with the Coiistitution. Most ofthe committee have indicat8d th8irwillingne68 to continue in office for the ye8r to 31 M8rch 2026. ill step down gs Treasurer following Pligrlmage 2026 and be replaced b a long standing member ofthe Youth Group. Structur•, Govornancg and Management The charity is governed by 8 Constitutional D88d adopted on 29January 2000. The ManaÉement Committee meet8 as required to oversee operations, financial management, S8feguarcJing, lundralslng and piigrlmage 8Ctlvlty. All tru8tee8 are volunteers and none received refftuneration durlng the year. Trustee expenses are relmbursed In line with the charity's expenses policy. Objectives and Activities The objects of the charity are the adv8ncement of education and religion of young people by.. 1. Supporting the sick, disabled and elderly on the annual Roman C8tholic Archdiocese of Glasgow pilgrimage to Lourdes. 2. Teaching young people teamwork, initiative and service to others; 3. Providing opportunities for young people to participate in overseas charitable activity where financial barriers may exist; and 4. Supporting the wider pilgrimage through sponsorship where appropriate. During the year ended 31 March 2025 the Group continued preparatlons for future pilgrimages and undertook fundraising activities including social events and sponsorship initiatives to support participation and charitable assistance. The Group continued its major fundraising activities with the annual Ch8rity Dinner in May 2024. The second major eventwas held as a L8dies' Lunch in December 2024. An additional fundraising event was held in February 2025 with a Sportsman's Evening. This has been a great Success in the previous year and therefore was decided to keep this in the calendar and to promote it further. The current committee made great efforts in encouraging an increase in participation of individualfundraisingevents from members of the wider group. Publlc Beneflt Statement The trustees confirm that they have complled wlth tho duty in section 8 of the Charities and Trustee Investment (Scotlandl Act 2006 to have due regard to OSCR guidance on public benefit. The charity's activities provide public benefit by enabling young people to engage in charitable service, person8l development and faith-based volunteering while delivering practical and emotional support to sick and disabled pilgrims and their families. Any private benefit is incidental and necessary to achieve the charitable purposes. Flnanclal Revlew For the ye8r ended 31 March 2025 the charity recorded an overall surplus of £24,322 for the year. This reflects the timing of fundraising activities relative to expenditure commitments associated with pilgrimage preparation. The trustees monitor financial performance throughout the year and are satisfied that the charity remains a going concern. ReseNes Policy The trustees aim to maintain unrestricted reseNes suff icient to meet between three and six months of anticipated operating expenditure. At 31 March 2025 reserves were sufficient to cover this anticipated operating expenditure. Rlsk Management The trustees have reviewed the major risks faced by the ch8rity, including financlal sustainability, safeguarding, and operational risks re18ted to overseas travel. Appropriate policies, controls and insurance arrangements are in place to mitigate these risks. Plans for Future Perlods The trustees plan to continue fundraising activities, strengthen committee succession p18nning, and support future pilgrimage p8rticipation in line with the charity's objectives. Statement of Trust808' Responslbllltles The trustees are responsible for preparing the Trustees, Annual Report and financial statements in accordance with applic8ble law and regulations. Independent Examiner's Report Independent Examiner's Report to the Trustees of St Margaret of Scotland Youth Group I report on the accounts of the charity for the year ended 31 March 2025. Respectlve Re8pon8lbllities of Trustees and Examiner The charlty's trustees are respDnslble for the prep8ratlon of the accounts in accordance with the terrns of the Charities and Trust2e Investment (Scotland) Act 2006 and the Charities Accounts (Scotlandl Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10(1) (a) to Ic) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 4411) (cl of the Act and to state whether particular matters have comg to my attention. Basls of Indepondent Exarnlner's Statement My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of Ihe accounting record kept by the charity and comparison of the accounts pr68ented with thos8 r8cords. It also include9 consideration of any unusual Items or disclosures in th8 accounts, and Seeks explanations from the trustees concerning any such rnatters. 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 Examlner's Statement In the course of my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance with section 44111 (al of the 2005Act ané Regulation 4 of the 2006 Accounts Regulations. and to prepare accounts which accord with the accounting records and complywith reguLation 8 of the 2006 Aocount8 Regulations. have not been met. or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ependent Examiner Financial Statements Statement of Financial Activlties {SoFA) nerAI JIM HArley Fund Fund Total Total INCOMEand WF]YD Incoming Resources Cross inconr froin fvndraising activities Donations received and receivable (koss in¢on* from trading activities Oiher tThl¢rial incon TOTAL INCOMING R￿souRCFs 99,755 99,755 63,486 28.141 28,141 13,763 1,053 1,053 11.919 128,949 128,949 89,168 Resources F4)enscs of fundraising a¢livilies Adminislralive costs Dirccl charitable ¢>pendilure oss eyp¢iiditiirc on Irddii)8 aclivilie% 100,554 (15) 4,089 IIX),554 (15) 4,089 105,544 (15) 4,933 TOTAL RTrSOURCFS FXP&NDF 104,627 104,627 110,462 NKr (ourGOING) I INCOMING RTr30URCE 24J22 24J22 (21,294) Transfers between Funds Net Moven*nl in Funds 24,J22 24,322 (21,294) Fund Balances at start ofperiod 22,172 2,026 24,198 24,198 ndBAlances at endof Frlod 46,494 2,026 48,520 2,905 Balance Sheet 2025 2024 Note CURRENT ASSETS Stock DebioTS Casli al bank and on hand I c) 250 235 34.772 9.765 Less ¢reditors- anN)unts fallin8 diie within one year (1,545) (6,S60) NEf CURRW ASs￿s 27,227 2.g)S TOTAL ASs￿s LESS CURRE￿[ LIABILITI&S 27.227 2.￿}5 L¥y5 Lrcdilvrth.. UllX)uiiis fullii)¥ duc aFter 01)e year 27,227 2,9QS Un￿StrICted funds Reslri¢ted fund - Jim Harley Fund d),5 25,201 2,026 879 2.026 Approval These accounts were approved by the trustees on 18" December 2025 and signed on their behalf by: President Notes to the Accounts 1. Accounting Policies The financial statements have been prepared in accordance with the Charities Accounts (Scotland} Regulations 2006 las amended) and the Statement of Recommended Practice.. Accounting and Reporting by Charities {SORP) applicable to charities preparing their 8ccounts in accordance with FRS 102. The accounts are prepared on the accruals basis under the historical cost convention. Income Is recognised when the charity is entitled to the income, it is probable that itwill be received, and the amount can be measured reliably. Expendlture is recognlsed when a legal or constructive obligation exists. Funds are analysed between unrestricted and restricted funds according to their purpose. 2. Trustees, Remuneratlon and Expenses No trustee received remuneration during the year. Reimbursed trustee expenses amounted to £nil12024: £nill. 3. Debtors Prepayments at 31 March 2025 8mounted to £250 {2024: £235). 4. Credltors Accruals at 31 March 2025 amounted to £7,54512024: £6,860). 5. Fundg The Jim H8rley Fund 18 a restricted fund established to sponsor sick pilgrims and their families. There was no movement on the fund during the year. The Jim Harley Fund was given Inland Revenue Charity Recognition on 19 March 2001. The purpose of this fund is to sponsorsick pilgrims and theirfamilies.