Scottish Company Registration No. SC280397 Scottish Charity No. SC030516
**Scottish Love in Action (A company limited by guarantee)**
Trustees’ Report and Financial Statements
Year ended 31 March 2026
## Scottish Love in Action
**Contents of the Financial Statements** for the year ended 31 March 2026
||Page|
|---|---|
|Report of the Trustees|1 - 5|
|Report of the Independent Examiner|6|
|Statement of Financial Activities|7|
|Balance Sheet|8|
|Notes to the Financial Statements|9 - 15|
## Scottish Love in Action
**Report of the Trustees** for the year ended 31 March 2026
The Trustees (who are also Directors for the purpose of Company law) are pleased to present their report together with the financial statements of the company for the year to 31 March 2026.
## **Reference and administrative details**
**Principal and registered office Bankers** Greyfriars Charteris Centre Bank of Scotland 140 The Pleasance Morningside Road Edinburgh Edinburgh EH8 9RR EH16 6NL
## **Status of Company and Governing Document**
Scottish Love in Action (SLA) is a private company limited by guarantee (Number SC280397) and is a registered Scottish Charity (Number SC030516), constituted under a Memorandum of Association dated 23 January 2005 and revised 26 July 2012.
## **Trustees and Office Bearers**
Malcolm Reid Chair Janet Edwards Vice Chair Dr Gita Anand (appointed 1 September 2025) Philip Barnes Dr Mridula Chakraborty MD Rahman (appointed 28 July 2025) Kimberley Ward (appointed 7 April 2026) Sarah Swaroop (resigned 27 February 2026) Dr James O’Malley (resigned 8 June 2025)
## **Chief Executive and Company Secretary**
Jamie McIntosh
## **Governance**
The Board of Trustees meets four times per year, makes strategic decisions regarding the Charity and delegates day-to-day operations to the Chief Executive. These individuals are considered to be the key management personnel of the Charity.
The Board has three committees on Finance, People and Programmes.
The Finance committee ensures rigour surrounding the charity’s finances, including risk management and investments. In practice, this includes oversight of the year-end accounting and independent examination processes. The committee meets at least four times per year – between Board meetings. Current members are:
Malcolm Reid Chair Philip Barnes MD Rahman (appointed 28 July 2025) Jamie McIntosh
Page 1
## Scottish Love in Action
## **Report of the Trustees** for the year ended 31 March 2026
## **Governance (continued)**
The Programmes committee ensures rigour surrounding the Charity’s overseas programmes. In practice, this covers programme management and due diligence. The committee meets at least four times per year – between Board meetings. Current members are:
Gita Anand Chair (appointed 1 September 2025, Chair from 10 May 2026) Sarah Swaroop Chair (appointed 8 June 2025, resigned 27 February 2026) James O’Malley Chair (resigned 8 June 2025) Mridula Chakraborty Jamie McIntosh
The People committee ensures rigour surrounding people management and development. In practice, this covers staff, volunteers and trustees. The committee meets at least four times per year – between Board meetings. Current members are:
Janet Edwards Chair Philip Barnes Mridula Chakraborty Jamie McIntosh
New Trustees are appointed by the existing Trustees and serve for a term of three years after which they may put themselves forward for one further term of three years. The trust deed provides for a maximum of 12 Trustees.
## **Objectives and aims**
SLA harnesses the compassion and generosity of people in Scotland, to support the poorest and most vulnerable children and young people in India. We are a local charity with a global impact.
We believe every child deserves to thrive. We work with local partners in India to create life-long change for children, their families and their communities.
In Scotland, we fundraise to enable this amazing work to happen. We fundraise from four sources – community (including events), corporates, individual giving (including legacies), and trusts.
## **Our people**
Our organisation benefits from the services and skills of many people:
- Board of Trustees (see page 1)
- Staff
- Volunteers
Our small staff team led by the Chief Executive manages the day-to-day operations of the Charity.
Volunteers contribute to the success of SLA, for example fundraising, serving as Trustees, contributing professional skills.
SLA does not attribute a value in monetary terms to this support in the Statement of Financial Activities.
Page 2
Scottish Love in Action
**Report of the Trustees** for the year ended 31 March 2026
## **Activities and achievements**
## **Provide. Protect. Prepare.**
Our mission revolves around the pillars of Provide, Protect and Prepare. We create a ripple effect that breaks the chains of poverty, giving children and young people the foundations for a future filled with promise and opportunity.
## **Provide**
We help children thrive. Our community-focused programmes prioritise family support, address basic needs and facilitate access to education. By equipping children and young people with the skills and tools they need, we break the generational cycle of poverty, fostering environments where children can thrive within their own homes.
We work with local partner, VOICE-4. The project we support reduces child marriage, prevents violence, improves the health of teenagers, and enables young people to make informed life choices. In 2025, we signed a project agreement. We will support VOICE-4 to establish a digital learning platform to provide access to life skills, leadership tools, safety resources, and mentorship to prioritised geographic areas.
## **Protect**
We help children thrive. For children who find themselves without a home or family support, we work to ensure they have the best possible levels of care and protection.
We work with local partner, Rainbow Homes. We support a children’s home called ASRITHA to ensure safe and happy childhoods for vulnerable girls living on the streets of Hyderabad. In 2026, we signed a project agreement. We look forward to continuing the work above, and to preparing young people aged fifteen to twenty-three for the transition from the home to independent living.
## **Prepare**
We help children thrive. Our support initiatives equip young people with the tools they need to break free from the cycle of poverty.
We work with local partner, Nightingale, to provide life skills, career guidance and advancement, and readiness for adulthood. Thanks to the generous support of a church, this year we extended the support we give. We look forward to ensuring access to education and mentoring to help young people achieve their goals.
**As well as these charitable activities, here are some of our highlights from the last 12 months** :
- Celebrated 25 years of giving children in India the opportunity to thrive. A group of volunteers organised a coffee morning, a dinner and a church service.
- The Board of trustees approved a fundraising strategy, establishing a sustainable direction for income generation.
- Formed a fundraising group to support income generation. Volunteers work together to organise fundraising activities in aid of Scottish Love in Action.
- Launched a speaker programme to reach new audiences and support future income generation. After recruiting and training speakers, we enjoyed speaking to audiences around Scotland.
We are extremely grateful for the individuals, faith groups, companies, and funders who support our mission and partner us. We give thanks for the foresight of people who included Scottish Love in Action in their will. These are life transforming gifts.
Page 3
## Scottish Love in Action
**Report of the Trustees** for the year ended 31 March 2026
## **Activities and achievements (continued)**
## **The Pipal Foundation**
Close links are maintained between the Boards of The Pipal Foundation (SC049091) and SLA to maintain common objectives.
## **Plans for 2026/2027**
Our plans for the coming year include:
- Continue working with local partners in India: Rainbow Homes, Nightingale Social Welfare Society, and VOICE-4.
- Launching our new website, which focuses on supporter experience and functionality.
- Sharing our refreshed branding, which clearly articulates who we are and what we do. We are excited by how this will help us to better communicate with supporters and to raise funds.
- Growing our reach, by recruiting volunteers with specialist skills, such as graphic design and data analyses.
- Conducting a governance review to identify key areas where there might be room for improvement.
- Holding a strategy day to consider the charity’s direction, align leadership on shared goals, and ensure resources are used to maximise charitable impact.
## **Financial review**
## _**Overview**_
The financial highlights are:
- Total income from all sources for the year was £266,549 (2025: £274,826).
- Expenditure on direct charitable activity for the year was £221,361 (2025: £308,550).
- SLA is supported by individuals, companies, faith groups and funders. We are extremely grateful to everyone who make this life transforming work possible.
SLA has been fortunate to receive a number of significant legacies from supporters in recent years. As it is not possible to forecast if or when legacies may be received, the Board decided not to budget for the receipt of legacy income when setting funding for project agreements with partners. When a legacy is received, it is considered separately to determine whether additional project agreements should be sought or whether to retain as reserves for use in future funding agreements.
## _**Results for the year**_
The financial statements for the year are set out on pages 7 to 15.
The Statement of Financial Activities on page 7 reflects net expenditure of £32,773 (2025: net expenditure of £131,017). There was a net decrease after transfers of £52,173 (2025: decrease of £206,872) on unrestricted general funds, a net decrease after transfers of £20,600 (2025: increase of £130,600) on designated funds and a net increase after transfers of £40,000 (2025: decrease of £54,745) on restricted funds. Total funds, including the designated fund, amounted to £338,063 (2025: £370,836).
## _**Reserves policy**_
The total unrestricted reserves held at 31 March 2026 amounted to £298,063. It is the policy of the Charity to hold 3 months of normal running costs plus the next quarter’s grants due to be paid in reserves at any time. At the year-end, this amounted to £110,000 which is held in the designated wind-up fund. With £188,063 remaining in general funds, the reserves policy was clearly met.
Page 4
## Scottish Love in Action
**Report of the Trustees** for the year ended 31 March 2026
## **Statement on risk**
The Trustees, as Directors of the Company, have a duty to identify and review the risks to which the Company is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Trustees considered risks to which the Company may be subject and are satisfied that they have introduced procedures to mitigate the possible effects of those risks.
Trustees review the risk register annually, following a review by the Finance committee.
## **Statement of Trustees’ responsibilities**
Charity law requires the Trustees (who are also the Directors) to prepare financial statements for each financial year which give a true and fair view of the state of the Company’s affairs and of its income and expenditure, including its surplus or deficit for that year, and which have been properly prepared from and are in agreement with the accounting records of the Company and comply with relevant disclosure requirements.
In preparing those financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the applicable Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in operation.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the Company’s financial position and enable the Trustees to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for taking such steps as are reasonably open to them to safeguard the Company’s assets and to prevent and detect fraud and other irregularities.
The report has been prepared having taken advantage of the small companies’ exemption in the Companies Act 2006.
## **On behalf of the Trustees**
Malcolm Reid
## **Malcolm Reid**
_Chair_
Date: 22 June 2026
Page 5
## Scottish Love in Action
**Report of the Independent Examiner to the Trustees** for the year ended 31 March 2026
I report on the accounts of the charitable company for the year ended 31 March 2026 which are set out on pages 7 to 15.
## **Respective responsibilities of Trustees and examiner**
The Charity’s Trustees (who are also the Directors of the company for the purposes of company law) 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 charity Trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the 2006 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**
My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations (as amended). An examination includes a review of the accounting records kept by the Company 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 Directors concerning 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 given by the accounts.
## **Independent Examiner’s Statement**
In the course of my examination, no matter has come to my attention
1. which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations (as amended), and
- to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations (as amended)
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.
## Alison Franks
## **Alison Franks**
_Director_
Cornerstone Accounting Limited Chartered Accountants
11 Erngath Road Bo’ness EH51 9DP
Date: 17 August 2026
Page 6
## Scottish Love in Action
## **Statement of Financial Activities (incorporating Income and Expenditure account)**
For the year ended 31 March 2026
|**General Designated**
**fund**
**fund**
**Notes**
**£**
**£**
**Income and endowments**
Donations and legacies
**2**
**126,105**
**-**
Income from charitable activities
**3**
**55,341**
**-**
Other income
**4**
**1,076**
**-**
**Total income and endowments**
**182,522**
**-**
**Expenditure**
Raising funds
**5**
**77,768**
**-**
Charitable activities
**6**
**173,702**
**-**
**Total expenditure**
**251,470**
**-**
**Net income/(expenditure)**
**(68,948)**
**-**
Transfers between funds
**10**
**16,775**
**(20,600)**
**Net movement in funds**
**(52,173)**
**(20,600)**
Total funds brought forward
**240,236**
**130,600**
**Total funds carried forward**
**188,063**
**110,000**
**Represented by:**
General fund
**10**
**188,063**
**-**
Designated funds
**10**
**-**
**110,000**
Restricted funds
**10**
**-**
**-**
**Total funds**
**188,063**
**110,000**|**Restricted**
**funds**
**£**
**84,027**
**-**
**-**
**84,027**
**193**
**47,659**
**47,852**
**36,175**
**3,825**
**40,000**
**-**
**40,000**
**-**
**-**
**40,000**
**40,000**|**2026**
**Total**
**£**
**210,132**
**55,341**
**1,076**
**266,549**
**77,961**
**221,361**
**299,322**
**(32,773)**
**-**
**(32,773)**
**370,836**
**338,063**
**188,063**
**110,000**
**40,000**
**338,063**|General
fund
£
175,977
53,160
1,737
230,874
97,116
77,417
174,533
56,341
(263,213)
(206,872)
447,108
240,236
240,236
-
-
240,236|Designated
fund
£
-
-
-
-
-
-
-
-
130,600
130,600
-
130,600
-
130,600
-
130,600|Restricted
funds
£
26,190
17,762
-
43,952
177
231,133
231,310
(187,358)
132,613
(54,745)
54,745
-
-
-
-
-|2025
Total
£
202,167
70,922
1,737
274,826
97,293
308,550
405,843
(131,017)
-
(131,017)
501,853
370,836
240,236
130,600
-
370,836|
|---|---|---|---|---|---|---|
The notes on pages 9 to 15 form part of these financial statements.
Page 7
(Registered No: SC280397)
## Scottish Love in Action
## **Balance sheet**
As at 31 March 2026
|**Notes**
**Current assets**
Debtors
**8**
Cash at bank and in hand
**Total current assets**
**Liabilities**
Creditors: falling due within one year
**9**
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**Funds of the Charity**
General fund
**10**
Designated funds
**10**
Restricted funds
**10**
**Total charity funds**|**General **
**fund**
**£**
**13,009**
**202,487**
**215,496**
**27,433**
**188,063**
**188,063**
**188,063**
**188,063**
**-**
**-**
**188,063**|**Designated**
**fund**
**£**
**-**
**110,000**
**110,000**
**-**
**110,000**
**110,000**
**110,000**
**-**
**110,000**
**-**
**110,000**|**Restricted**
**funds**
**£**
**-**
**40,000**
**40,000**
**-**
**40,000**
**40,000**
**40,000**
**-**
**-**
**40,000**
**40,000**|**2026**
**Total**
**£**
**13,009**
**352,487**
**365,496**
**27,433**
**338,063**
**338,063**
**338,063**
**188,063**
**110,000**
**40,000**
**338,063**|General
fund
£
17,731
227,004
244,735
4,499
240,236
240,236
240,236
240,236
-
-
240,236|Designated
fund
£
-
130,600
130,600
-
130,600
130,600
130,600
-
130,600
-
130,600|Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-|2025
Total
£
17,731
357,604
375,335
4,499
370,836
370,836
370,836
240,236
130,600
-
370,836|
|---|---|---|---|---|---|---|---|---|
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
The Directors acknowledge the following:
their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and preparation of the accounts; and
that the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
No members have required the company to obtain an audit of its accounts for the period in question in accordance with section 476 of the Companies Act 2006.
The financial statements on pages 7 to 15 were approved by the Trustees on 22 June 2026 and signed on their behalf by:
## Malcolm Reid
__________________________
## **Malcolm Reid, Chair**
The notes on pages 9 to 15 form part of these financial statements.
Page 8
## Scottish Love in Action
**Notes to the Financial Statements** for the year ended 31 March 2026
## **1. Accounting policies**
## _**Accounting convention**_
The financial statements are prepared under the historical cost convention and in accordance with FRS 102, and in compliance with the Charities SORP 2019 (FRS 102), the Charities Accounts (Scotland) Regulations 2006 (as amended) and the Companies Act 2006. The principal accounting policies adopted in the preparation of the financial statements are set out below.
SLA meets the definition of a public benefit entity under FRS 102.
## _**Company status**_
The charity is a private company limited by guarantee and registered in Scotland. The members of the company are Directors named on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company.
## _**Basis of financial statements**_
The financial statements have been prepared on an accruals basis. The Trustees consider that there are no material uncertainties so the accounts have been prepared on a going concern basis.
## _**Income and debtors**_
All income is included on the Statement of Financial Activities when the Company is legally entitled to the income and the amount can be quantified with reasonable accuracy. Income tax recoverable in relation to donations received under Gift Aid is recognised at the time of the donation.
Debtors are valued at cost at the year-end and adjusted for any amounts considered to be irrecoverable.
## _**Expenditure and creditors**_
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Support costs are those costs incurred directly in support of expenditure on the objects of the company.
Creditors are valued at cost at the year-end and split between amounts due in less than one year and amounts due in more than one year.
## _**Taxation**_
The Company is exempt from Corporation Tax on its charitable activities.
## _**Tangible fixed assets and depreciation**_
Tangible fixed assets over £500 are capitalised and are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives. There were no capitalised assets at the year-end.
Page 9
## Scottish Love in Action
**Notes to the Financial Statements** for the year ended 31 March 2026
## **1. Accounting policies (continued)**
## _**Cash at bank and in hand**_
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit account.
## _**Fund accounting**_
For the purpose of the Statement of Financial Activities, funds are defined as follows:
_Unrestricted_ funds comprise income received for the objects of the company without further specified purpose and are available as general funds or are placed within designated funds which can be used for purposes in agreement with its charitable objectives.
_Restricted_ funds comprise income which has been received for the objects of the company and specified for a restricted purpose within these objects by the donor.
## _**Operating leases**_
Rentals under operating leases are charged to the Statement of Financial Activities on a straight-line basis over the lease term.
## _**Foreign currencies**_
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling on the transaction date.
## _**Pensions**_
The company operates a defined contribution pension scheme with NEST. The pension charge represents the amount payable by the company into the scheme in the year.
## _**Donated goods, facilities and services**_
We were grateful to receive free and pro bono support:
- 88 individuals volunteered in various ways, including:
- helped with administration and office-based tasks;
- served as a speaker, raising awareness of our cause;
- supported and organised fundraising activities and events;
- served as a trustee.
- Companies donated products and days out as raffle prizes or offered services at a reduced rate.
- Complimentary services were received from a website design agency.
- Licenses received pro bono by platform charity partnership schemes.
Page 10
## Scottish Love in Action
## Notes to the financial statements
For the year ended 31 March 2026
## **2. Donations and legacies**
|Giving - individuals
Giving - trusts
Giving - community
Giving - corporate
In Memoriam donations
Royalties donations
Gift aid receivable
Grants
Legacies|**General**
**fund**
**£**
**79,773**
**14,400**
**5,479**
**-**
**-**
**654**
**18,662**
**-**
**7,137**
**126,105**|**Restricted**
**funds**
**£**
**14,557**
**1,500**
**60,000**
**3,476**
**-**
**-**
**4,494**
**-**
**-**
**84,027**|**2026**
**Total**
**£**
**94,330**
**15,900**
**65,479**
**3,476**
**-**
**654**
**23,156**
**-**
**7,137**
**210,132**|General
fund
£
53,445
15,000
4,524
-
1,315
610
16,998
5,435
78,650
175,977|Restricted
funds
£
18,337
1,500
-
-
-
-
6,353
-
-
26,190|2025
Total
£
71,782
16,500
4,524
-
1,315
610
23,351
5,435
78,650
202,167|
|---|---|---|---|---|---|---|
## **3. Income from charitable activities**
|Fundraising income - events
Fundraising income - sponsorship
Fundraising income - the Big Give
Fundraising income - partnerships|**General**
**fund**
**£**
**45,341**
**10,000**
**-**
**-**
**55,341**|**Restricted**
**funds**
**£**
**-**
**-**
**-**
**-**
**-**|**2026**
**Total**
**£**
**45,341**
**10,000**
**-**
**-**
**55,341**|General
fund
£
53,160
-
-
-
53,160|Restricted
funds
£
-
-
24,588
(6,826)
17,762|2025
Total
£
53,160
-
24,588
(6,826)
70,922|
|---|---|---|---|---|---|---|
## **4. Other income**
|Bank interest
**penditure on raising funds**
Fundraising costs - events
Fundraising costs - philanthropy
Fundraising costs - merchandise
Fundraising costs - marketing
Donation processing fees
Staff costs (note 6)
Support costs (note 6)|**General**
**fund**
**£**
**1,076**
**1,076**
**General**
**fund**
**£**
**28,991**
**1,022**
**186**
**11,255**
**2,758**
**28,660**
**4,896**
**77,768**|**Restricted**
**funds**
**£**
**-**
**-**
**Restricted**
**funds**
**£**
**-**
**-**
**-**
**-**
**193**
**-**
**-**
**193**|**2026**
**Total**
**£**
**1,076**
**1,076**
**2026**
**Total**
**£**
**28,991**
**1,022**
**186**
**11,255**
**2,951**
**28,660**
**4,896**
**77,961**|General
fund
£
1,737
1,737
General
fund
£
25,135
-
1,152
7,394
2,774
56,610
4,051
97,116|Restricted
funds
£
-
-
Restricted
funds
£
-
-
-
-
177
-
-
177|2025
Total
£
1,737
1,737
2025
Total
£
25,135
-
1,152
7,394
2,951
56,610
4,051
97,293|
|---|---|---|---|---|---|---|
## **5. Expenditure on raising funds**
A calculated share of staff costs and support costs are allocated to expenditure on raising funds, based on the allocation of employee time to this activity and the underlying costs.
Page 11
## Scottish Love in Action
Notes to the financial statements
For the year ended 31 March 2026
## **6. Expenditure on charitable activities**
|**_Staff costs_**
Gross salaries
Employer's NI
Pension contributions
Other staff costs
_Allocated to raising funds_
**_Direct costs_**
**Grants paid:**
_Rainbow Homes_
_VOICE-4_
_Nightingale_
**Other direct costs:**
Exchange rate losses
**_Support costs_**
Rent
Insurance
IT costs
Office costs
Membership costs
Volunteers' expenses
Legal fees
Payments to Independent Examiner:
Independent examination
Independent examination - 2024
Payroll fees
Professional fees
Bank charges
_Allocated to raising funds_
**Total expenditure**|**General**
**fund**
**£**
**89,118**
**378**
**4,590**
**1,085**
**(28,660)**
**66,511**
**57,894**
**29,713**
**-**
**-**
**87,607**
**7,640**
**3,513**
**6,984**
**992**
**300**
**294**
**47**
**1,440**
**240**
**804**
**2,160**
**66**
**(4,896)**
**19,584**
**173,702**|**Restricted**
**funds**
**£**
**3,805**
**-**
**-**
**-**
**-**
**3,805**
**5,194**
**2,278**
**36,382**
**-**
**43,854**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**47,659**|**2026**
**Total**
**£**
**92,923**
**378**
**4,590**
**1,085**
**(28,660)**
**70,316**
**63,088**
**31,991**
**36,382**
**-**
**131,461**
**7,640**
**3,513**
**6,984**
**992**
**300**
**294**
**47**
**1,440**
**240**
**804**
**2,160**
**66**
**(4,896)**
**19,584**
**221,361**|General
fund
£
102,579
3,668
5,328
843
(56,610)
55,808
-
-
-
5,252
5,252
7,268
3,305
4,729
973
300
49
418
1,400
-
888
969
109
(4,051)
16,357
77,417|Restricted
funds
£
3,188
-
-
-
-
3,188
97,757
97,413
32,750
-
227,920
-
-
-
-
-
-
-
-
-
-
-
25
-
25
231,133|2025
Total
£
105,767
3,668
5,328
843
(56,610)
58,996
97,757
97,413
32,750
5,252
233,172
7,268
3,305
4,729
973
300
49
418
1,400
-
888
969
134
(4,051)
16,382
308,550|
|---|---|---|---|---|---|---|
The average number of staff employed during the year was 4 (2025: 5). No employees were paid more than £60,000.
The total remuneration costs of key management personnel (Chief Executive) were £50,659 (2025: £48,165).
No holiday pay was due at the year-end (2025: nil).
## **7. Taxation**
No liability to UK Corporation Tax arises as the income of the charitable company all meets the exemption allowances for charities.
Page 12
## Scottish Love in Action
## Notes to the financial statements
For the year ended 31 March 2026
## **8. Debtors**
|Prepayments and accrued income
Other debtors
Gift aid recoverable
**editors: falling due within one year**
Accruals for grants payable
Accruals and deferred income
Taxation and social security
Other creditors|**General**
**fund**
**£**
**-**
**-**
**13,009**
**13,009**
**General**
**fund**
**£**
**23,550**
**1,440**
**2,335**
**108**
**27,433**|**Restricted**
**funds**
**£**
**-**
**-**
**-**
**-**
**Restricted**
**funds**
**£**
**-**
**-**
**-**
**-**
**-**|**2026**
**Total**
**£**
**-**
**-**
**13,009**
**13,009**
**2026**
**Total**
**£**
**23,550**
**1,440**
**2,335**
**108**
**27,433**|General
fund
£
10,000
1,574
6,157
17,731
General
fund
£
-
1,428
2,201
870
4,499|Restricted
funds
£
-
-
-
-
Restricted
funds
£
-
-
-
-
-|2025
Total
£
10,000
1,574
6,157
17,731
2025
Total
£
-
1,428
2,201
870
4,499|
|---|---|---|---|---|---|---|
## **9. Creditors: falling due within one year**
## **10. Funds analysis**
## **Current year**
|**_Unrestricted funds_**
General fund
Designated wind up fund
Total unrestricted funds
**_Restricted funds_**
Rainbow Homes fund
VOICE-4 fund
UK Core fund
Immunisation fund
Further Education fund
Nightingale fund
Total restricted funds|**Balance at**
**01.04.25**
**£**
**240,236**
**130,600**
**370,836**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**Income Expenditure**
**£**
**£**
**182,522**
**(251,470)**
**-**
**-**
**182,522**
**(251,470)**
**5,327**
**(5,387)**
**2,278**
**(2,278)**
**3,805**
**(3,805)**
**60**
**-**
**120**
**-**
**72,437**
**(36,382)**
**84,027**
**(47,852)**|**Transfers**
**£**
**16,775**
**(20,600)**
**(3,825)**
**60**
**-**
**-**
**(60)**
**(120)**
**3,945**
**3,825**|**Balance at**
**31.3.26**
**£**
**188,063**
**110,000**
**298,063**
**-**
**-**
**-**
**-**
**-**
**40,000**
**40,000**|
|---|---|---|---|---|
See overleaf for fund explanation
Page 13
## Scottish Love in Action
Notes to the financial statements
For the year ended 31 March 2026
## **10. Funds analysis (continued) Prior year**
|Unrestricted funds
General fund
Designated wind up fund
Total unrestricted funds
Restricted funds
Rainbow Homes fund
VOICE-4 fund
UK Core fund
Immunisation fund
Further Education fund
Girls Lives Matter fund
Nightingale fund
Total restricted funds|Balance at
01.04.24
£
447,108
-
447,108
-
45,576
-
165
320
-
8,684
54,745|Income Expenditure
£
£
230,874
(174,533)
-
-
230,874
(174,533)
22,881
(97,959)
1,712
(97,413)
3,188
(3,188)
60
-
120
-
836
-
15,155
(32,750)
43,952
(231,310)|Transfers
£
(263,213)
130,600
(132,613)
75,078
50,125
-
(225)
(440)
(836)
8,911
132,613|Balance at
31.3.25
£
240,236
130,600
370,836
-
-
-
-
-
-
-
-|
|---|---|---|---|---|
## _**Explanation of funds**_
The _General fund_ represents all income and expenditure relating to the primary focus activities of the charity, other than those for which funding is restricted.
The _Designated wind up fund_ represents the value of the reserves policy agreed by the Trustees.
The _Rainbow Homes fund_ represents funds raised to support this children's home in India.
The _VOICE-4 fund_ represents funds received to support this project in India.
The _UK Core fund_ represents funds received towards staff salaries and administration costs in the UK.
The _Immunisation fund_ represents funds held to support the immunisation of children in the Homes in India and, at the discretion of the Directors, may be extended to children in the wider community. The balance has been transferred for use by Rainbow Homes.
The _Further Education fund_ represents funds raised to support children through further education. The balance has been transferred to Nightingale.
The _Girls Lives Matters fund_ represents donations received in support of projects at VOICE-4. This fund has now been closed and donations transferred directly to VOICE-4.
The _Nightingale fund_ represents funds received to support our Livelihoods Project with our Indian partner, Nightingale. The funds remaining at year-end are to be spent in 2 tranches over the next 2 financial years.
## **11. Directors' and other related parties' transactions**
No Director received any remuneration from the charity (2025: nil). Two Directors received travel expenses of £135 (2025: £27).
Unrestricted donations by Directors and related parties amounted to £410 (2025: £1,884).
## **12. Liability of Members**
The company is limited by guarantee, with the liability of each member limited to £1. The members of the Company are those Trustees listed on page 1.
Page 14
## Scottish Love in Action
Notes to the financial statements
For the year ended 31 March 2026
## **13. Operating lease commitments**
The Charity had no commitments in relation to operating leases.
## **14. Defined contribution pension plan**
The Charity operates a defined contribution autoenrolment pension scheme with NEST. The contributions made by the Charity are disclosed in note 6.
## **15. Capital commitments**
The Charity had no grant commitments in respect of ongoing projects as all project agreements state that funding support cannot be guaranteed and payments made are dependent on the availability of funds at that time.
Page 15