Company registration number SC248473 (Scotlandl
VOLUNTARY ACTION ANGUS
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026

VOLUNTARY ACTION ANGUS
LEGAL AND ADMINISTRATIVE INFORMATION
Trustsgs
Mr William Mulr
M5 Julie Bell
Mr Douglas Walker
MS Gail Smith
Mr Scott Marshall
(Appointed 9 May 20251
(Appointed 9 April 20251
(Appointed 7 November
20251
Chief Executlvo Officer
Hayley Meams
Sacr8tsry
Hayley Meam5
Charlty numbor (Scotlandl
SC032830
Company numbèr
SC248473
Regl$tered office
Voluntary Action Angus
5-7 The Cros8
Forfar
DD8 1BX
Auditor
Findlays Audit Limited
11 Dudhope Terrace
Dundee
DD3 6TS
Bank#r5
Bank of Scotland
Brolhock Bridge
Arbroalh
DD11 1NH
Sollcltor$
Thomtons Law LLP
Vvhitehall House
33 Yeaman Shore
Qundee
DD14BJ

VOLUNTARY ACTION ANGUS
CONTENTS
Page
Trustees, report
Slalement of trustees, responsibililieg
Independent auditor's report
7-10
Statement of financial activities
11- 12
Bal8n¢e sheet
13
Slalemenl of cash flows
14
Notes lo the financial stslemen18
15-31

VOLUNTARY ACTION ANGUS
TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT)
FOR THE YEAR ENDED 31 MARCH 2026
The trustees present their annual report and financial stslemenls for the year ended 31 March 2026.
The financial slalemenls have been prepared in accordance with the accrjunling policie5 sel out in note 1 to the
financial statements and comply with the charity's governing document, the Companie5 Act 2006. FRS 102 'The
Financial Reporting Slandard applicable in the UK and Republic of Ireland" and the Charities SORP "Pc¢ounling
and Reporting by Charities". Slalemenl of Recommended Practice applicable to charities preparing their accounts In
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021
Obl&ctlves and actlvltle$
The company's objects are..
To promote the work of the third seGlor and volunteer development and lo promote activities with (*arilable
purposes for the benefit of the inhabitants of Angus and, in particular, lo promote thè advancement of education, the
furtherance of health and welfare and Ihe relief of poverty, sickness and distress.
strategies for achieving aims and objectives
The Company will achieve this through..
Volunteering development
Social Enterprise development
Supporting and developing a strong third sector
Building the third sector relationship with ¢ommunity planning
ActNi1￿$
VAA is 8 community development agency comrnitted lo positive soclal change and a130 a delivery agency of the
Third Sector Interface ITSII service a8 wilhln our funding from Scottish Goveinm&nt. VAA activities are des¢ribed
as follows..
Building inclusive and buoyant volunteering cultures where all people enjoy the right to volunteer.
Creating a sustainable dynamic and innovalive social enleipri5e movement democratically led by local people
delivering local services.
Developing the capacity of the third sector and community organisalion3.
Facililaling change within partnership settings where the third sector has a central role in deciyon making and
culture change.
Empowering communities to care.
Comballng poverty.
Providing l&afning and facililalion of better approaches toward5 working with communitles and civic health.
Volun16&rs
VAA currently have 1900 volunteers registered with 500 8clive wlhin the organisalion, the volunteer numbers within
VAA cover Befriending, Breast Buddies volunteers and Inlergenerational Befriending roles which has seen a
number ()f young volunteers SUPPOrt our work. The rule of the organisation is to support the recruilmenl volunteers
within the wider Third Sector, as organisations have begun phasing back to business as usual the re¢ruilmenl of
external volunteers has Increased significantly this year.
Achievemonts and p&rfomiance
Significant activities and achlevements &g8insl objectives
As Chair of Voluntsry Action Angus, l am proud lo reflect on a year of signlficanl growth, innovation, and strategic
progress for both our organisation and the wider third sector acr0$5 Angus. Throughout 2025128, VAA has continued
to strengthen ils position as a trusted and ambitious Third Sector Interface, respondin9 proactively lo emerging
challenges while remaining fimily committed to supporung resilient, connected, and empowered communities
across Angus.

VOLUNTARY ACTION ANGUS
TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORTI (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
This year has once again demonstrated the dedlcallon, professionalism, and adaptability of our stsff team,
volunteers, and trustees. Across every area of the organisalion, there has been a clear focus on continuous
improvement, partnership working, and ensuring that communities remain al the heart ol everything we do.
VAA has continued lo deliver a diverse and impactful programme of work spanning volunteering, youth work,
employability, community development, governance support, health and wellbeing. and strategic partnership
engagement. Alongside this operational delivery. the organisalion has continued to play a leading rde within
strategic planning structures acr0$5 Angus, ensuring the voice of the third sector is represented within key local
developments and decision-making forum$.
One of the most signifi¢anl area8 of progress this year has been the continued development of the Angus
Community Connector platform. Since 115 launch, the platform has continued lo grow steadily and now hosts ov&r
380 live listings, with increasing engagement from both residents and organisalitsns acr055 Angus and beyond. User
numbers, app downloads, and overall platform visibility have all increased significantly, demonstrating the growing
importance of accessible digital community infrastructure. New functionality, induding enhanced search lealures,
push nolificalions, image uplgads, and themed information pages, has further strengthened the platform as a key
tool for community connection and support.
Supporting volunteering and community participation has remained central lo our work throughout the year. The
ongoing development of the Angus Volunteer Strategy has been a major piece of collaborative work, with over 230
survey responses received from volunteers, organisalions, and residents across Angus. This strong level of
engagement rellecls both the importance of volunleeiing within our communities and the appetite lo shape the
future of volunteering 5oeally.
Internally. significant work has taken place to strengthen organisalional systems, reportlng slruclures, staff
development, and resource planning. Considerable investment has been made in training, governance
development , and workforce support to ensure the organisalion remains resilient and well-positioned for the lulure,
This year has also seen Increased focus on visibility, collaboration, and community engagement. Through
networking events, awareness campaigns, consullalion aclivily, and initiatives such as the Dundee Kilt walk. VAA
has continued to raise the profile of both the organisalion and the wider third $e¢lgr across Angus.
Alongside programme delivery, VAA has continued to invest in the long-lerm sustainability and development of The
Cross as a vibrant Third Sector cenlre. New tenant organisallons have joined the building, ¢onsultalion work is
underway lo shape its future use, and essential building improvements have been completed lo ensure the space
remains safe, welcoming, and fil for purpose for years to come.
I would like lo extend my slncere thanks to our dedicated staff team, volunteers, trustees, funders, partners, and
supporters. The passion, crealivily, and Commitment shown across the organisalion each day continue tr) make a
rneaningful difference lo communities throughout Angu$.
As Chair, I remain incre(Jibly confident in the direction of the organisalion. VAA ¢¢nlinues lo evolve as a resilient,
fO￿ard-thinkIn9. and trusted organisation
one that not only responds lo the needs of communities today, but
actively help5 Shape a stronger, fairer, and more connected futu￿ forAn9US.
Investment performance
The trustees shall have the power on behalf of the ¢ollective to retain, accept, purchase, Sell, lease, hold and invest
any property. heritable and moveable. real and personal of whatever kind and wherever suited.
Financlal revlew
Going conc$rn
After making appropriate enquiries, the Trustees have a reasonable eXpe￿atiOn Itial the Company has adequate
resources lo continue in operational existence for the foreseeable fulL5re. For this rea50n, they continue to adopt the
going concem basis in preparing the financial slalemenls. Further details regarding the adoption of the going
concern basis can be found in the a¢¢ounling policies.

VOLUNTARY ACTION ANGUS
TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORTI (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
Rese￿e8 policy
The results for this year are sel out in the attached accounts. During the year the. charity made a surplus of £74.094
12025 deficit of £76,233). At the year end 31 March 2026, the charity held unre51ricted reserves of £410,21712025
£352,1791 and fftslricled reserves of £276,622 12025 - £260,586). Included within unrestricted reserves is
designated reserve of £24,00012025 - £12,000) which the Iruslees have design8led for emergency building repairs,
specifically the roof in future years.
The Iruslees have adopted a reserves policy Its maintain unreslricled funds al a level sufficient to manage financial
risks and sustain operaliDnal conlinLJity. The largel reserves are sel between three and slx months of core
operational costs, equating lo a minimum of £113,000 and a maximum of £227.000 based on the current year
spending.
The current level of unreslricled reserves of £410,217 exceeds the upper largel range. This surplus provides the
harily with a strong buffer against financial uncertainly and creates capacity to invest in strategic priorities. The
trustees have designated £24,000 of these funds for emergency building repairs, specifically roof maintenance
anticipated in future years.
The Chief Executive OfTicer continues to monitor the reserves position quarterly, with the Board reviewing the policy
and reserves annually. Should reserves fall below the minimum level, a restoration plan will be implemented.
Conversely, excess reserves may be allocated to strategic priorib'es or rlsk miligalion.
Pnncipal fundAng sources
The charities principle sources of funding are Social Care Partnership, Scottish Govemment and AngLJS Council.
Major risks
A5 a charity reliant partially on funding from public sector sources, the principle risk lo VAA may be reflective of the
decline of resources afforded lo Local Authority and Stalulory organisalions. Whilst these risks are perhaps the
m051 profound in recent times the current change agenda reqLJires shift and recalibralion of service delivery from
Statutory to Third sector providers. In essence this creates a significant amount of uncertainly and risk bul also
opportunity.
In mitigab'ng the Potential impact of such risks VAA Is well placed to lead on the development of service delivery of
the ftjlure. In part as an incubating organisation Creating the growth of new social enterprise bul also in developing
consortium and collaborative approaches within the third sector. VAA occupies a central posf(ion in the area of
Health and Social care integration, delivering sustainable and Iransftsrmalive volunteer services which are crillcal to
culture change within reshaping Care in Scotland. VAA is quoted by Scottish Government as being a leader in ils
field, is well respe¢led and influential in the main strategie partnership within Angu5 and a key conlribulor to
combating poverty in the county.
Despite thls VAA is not complacent and recognises tho need to restructure lo meet the demands on its 3ervice$ and
lo advance its capacity building and engagement role. Such level ol restru¢lure will be detailed in a strategic review
which will look al all aspects ol supply and demand, locats'on. impact analysis and staffing.
The Trustees have assessed the major risks to which the Company is exposed, in particular those related lo the
operations and finances of the Company, and are salisfi&d that systems and procedures are in place to mitigate
exposure to the major risks.

VOLUNTARY ACTION ANGUS
TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
Plans for future porlod$
To maximise the impact of the ¢oming year, we believe il is crucKal 19 reflect on the growth and development of
Voluntary Acts'on Angus IVAAI. As part of this process, VAA is currently formulating a comprehensive five-year
strategic plan that will establish a clear 8nd ambitious dlreclion for the org8nisalion. This plan aims lo further
strengthen VAA'S strategic leadership while continuing ils critical role as a fund manager. Our objective 15 to secure
and distribute an additional funding lo support numerous charities and community groups across Angus. Central lo
our mission Is empowering organi5alions and communities lo foster innovative projects that drive meaningful
change.
Our Vision
Resilient and empowered communities Creating a stronger, fairer Angu8- We are commilled lo tackling poverty and
health inequalllies lo enable the people olAngus lo flourish.
We are steadfast in our commitment lo addressing poverty and health inequalities, enabling the people of Angus lo
thrive.
Str8t&gic Focus Ar•a8
Knowl&dge
Serve as the primary source of expertise on
The lo¢al Third Sector.
The impli¢8lions of local and national policies on the Third Sector, communities, and citizens, and how the
Third Sector can actively contribute lo these agendas,
Advocacy
Ensure a robu51 Third Sector voice at the slraleoic level within local and national planning f￿mewOrks.
Act 85 a strategic partner in the Health and Social Care Partnership and the Community Planning
Partnershbp.
Capaclty Building
Enhance the capacity of volunteers, community groups, voluntsry organisalions, and Soclal enterprises to
effe¢l positive change.
Conno¢tion
Provide leadership, vision, and coordination for the local Third Sector, enabling a more effective response
to local priorities.
Foster partnerships and collaboration5 to create opportunities and develop skills that St￿ngthen
communities.
This strategic focus underscores VAA'S dedication to supporting and advanclng the Third Sectors role in building a
more equitable and resilient Angus.
Structure, govgrnance and management
Voluntary Action Angus is registered as a charitable company in Scotland, limited by guarantee and was sel up by a
Memorandum ofAsso¢ialion.
The trustees, who are also the directors for the purpose of company law, and who served during th& year and up to
the dale of signature of the financial statements were..
Mr William Mulr
Ms Julie Bell
Ms Anne Callander
Mr Kenneth Whlle Lee
Mr Douglas Walker
Ms Gail Smith
Mr Scott Marshall
(Resigned 25 June 20251
(Resigned 22 August 20251
(Appointed 9 May 20251
(Appointed 9 April 20251
(Appointed 7 November 20251

VOLUNTARY ACTION ANGUS
TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORD (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
Rècmltmgllt and appglnlment of trustg&s
The managernent of the Company is the responslbllmy of the Trustees who aro electsd and e￿opl•d undar the
tsrms of the Memorandum 0fA8soGia￿0n.
The charfty Invltès appllcalions for naw trustso8 from member8 of th& organi8alion and 81¥0 advertlses in local
press. The Chlef Exeeutwe Officer and chalrperson, who will then racommgnd Sultable c8ndldales to the board lo
make the final d8c4sion, wlll thèn givg Potential applicants an informal interview.
Organisational sttuctu
The Trustees. who m681 quarterly admlnlstor tha group. A Chlef Executive l)fflcer Is appolntsd by the Trustees lo
manago thè day lo day operatbns of thè company. The trust88s are elected at th8 annual genoral meeung, 113 of
Irust¢es are required to reUr& by rotation atthe AGM but are eliglble for re-election.
Th8 trustees are responsible lor preparing a dgvolopment plan for the charity. The implementation of the plan is
then carried out by the Chief Execubve Officer.
Indu¢1K￿ and t￿Ining of trusle&s
Once they hav& bèèn appolnted, the nw INstee3 are IssLted wlth an inductlon folder together wlh a welcom& pack
whi¢h 8ets out their responsibilities. A seminar is held ￿lco a yèar for trustees an¢J ¥laff lo revlew activities and
future plans for tha c&ntre. Th8 trustees are al80 given the opportunity lo go on sut>groups for specific areas e.g.
finan￿. The SUI￿groupS then recommond updates and n&w poli¢ie3 to the board for ffinal approval.
Olhgrmattar$
Pay pollcy for k•y managemènt p•rsonnel
VAA finance managemènt involves dgvolved management and sy8lems admlnlstration. At govèmance levgl, 8
staffing sub group involvlng Board rnembers who then report to th$ wider Board agrèès d8cision-making regarding
Pay sgtting. As a progr9S8ive and leading thlrd sector organisation the Board are ¢omrnilled to awaTding good
wa96s 8nd tem18 of employmant, 8eeking to ensura rgtenlion and d6velopmenl ￿ ils stsff. The pay scale8 are set
on compar8tlV8s using natlon811y agrggd spinal columns. which illustrat8 grading, and Incr8menls consi819nl with
local authcirity and third sector wage slruclures. The uso of increments encourages rew8rEI for years of 88rvice
given and 6xperf6n¢e gained. This approach has proved valuable to VAA whereby the 4 longest servlng members
of staff have accumulated over 70 ygars of seNlce collectlv81y.
A$ requlred undar Auto enrolment, VAA Commits toward an attracb'v6 panslon package wharoby all omployaès will
nefft for employèr contributions of up to 8%. VAA Is also a lfving wage employer.
Audltor
In a¢cordanc8 with the companls articles, a resolution F*fop08ing Ihat Findlays Audit Llmttad b8 reappointed as
auditor of the company will be put at a General Meeb'ng.
Dlsclosur• of Inforniatlon to audltor
Each of the truslg8s has c(>nfimied that there Is no information of which they ar8 8waTe which Is relevant to the
audit, but (rf which the auditgr 18 unaware. They have further confirffl8d that th&y havg taken appropriate steps lo
identlfy such relevant inforrnation and to eslablish that the auditor is aware of su¢h Inforrnalion.
Tho trusle85' report wa
proved by tha Board of Truste8s.
Mr Willl8m Muir
tru8t•e
23 July 2028

VOLUNTARY ACTION ANGUS
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2026
The Iruslee5, who are also the directors of Voluntary Action Angus for the Purpose of company law, are responsible
lor preparing the Trustees. Report and the financial statements in accordance with applicable law and United
Kingdom Accounting Stsndards Iunited Kingdom Generally Accepted Ac¢ounling Praclicel.
Company law requires the Iruslees lo prepare financlal statements for each financial year which give 8 true and fair
view of the state of affairs of the charity and of the incorning resources and application of resources. including the
income and expenditure, of the charitable company for that year.
In preparing these financial slalemenls, the trustees are required to..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in the Charities SORP.,
make judgements and eslirnales that are reasonable and prudent., and
pr¢pare the financial statements on the going concern basis unless Il is Inapproprlate lo presume that the charity
will continue in operation.
The Iruslees are responsible for keeping adequate accounting records that disclose with reasonable accuracy al
any lime the financial position of the charity and enable them lo ensure that the financial slalements comply with the
Companies Act 2006, They are also responsible for safeguarding the assets of the Gharity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.

VOLUNTARY ACTION ANGUS
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF VOLUNTARY ACTION ANGUS
Oplnlon
We have audited the financial statements of Voluntary Action Angus (the 'charity'l for the year ended 31 March 2026
which comprise the stslement of financial activities, the balance sheet, the statement of cash flows and notes lo the
financial slalements, including significant accounting policies. The financial reporting framework that has been
applied in their preparation is applicable law and United Kingdom Accounting Standards, in¢luding Financial
Reporting Standard 102 Th6 Financial Reporting Standard appliGable in the UK and Republ￿ of Ireland Iunited
Kingdom Generally Accepted Accounting Praclicel.
In our opinion, the financial stalemenls..
give a true and fair view ol the slate of the charitable company's affairs as at 31 March 202S and of ils income
and expenditure, lor th¢ year then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Pra¢11￿.,
and
have been prepared in accordance with the requirements of the Companies Act 2006.
Ba$1$ for oplnlon
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKI) end applicable
law. Our responsibilities under those stsndards are further described in the Audfflors responsibilities for the audit ol
Ihg finanGial slatemenls section of our report. Vve are independent of the ¢harily in accordance with the ethical
requirements that are relevant lo our audit of the financial statements in the UK, including the FRC'S Ethical
Standard, and we have fulfilled our other eth￿81 responsibilities In accordance wlh these requirements. We believe
that the audll evidence we have obtained is sufficient and appropriate to provide a basi8 for our opinion.
Concluslons Telatlng lo golng concgm
In auditing the financlal statements, we have concluded that the Iruslees, use of the going ¢oncem basi5 of
accounting in the preparatlon of the financial statements is appropriate.
Based trn the work we have perfomied, we have not identified any material uncertainties relating to events or
conditions that, individually or colleelively, may cast significant doubl on the charity's ability lo continue as a going
concern for a perfod of al least twelve months from when the financial statements are aulhorlsed for issue.
Our responsibilities and the responsibilitie5 Qf the trustees with respect lo gc*ing concern are described in the
levant sections of this report.
Othgr Infomiation
The other information comprises the informatign includeLY in the annual reptsrt other than the finar￿lar statements
and our auditor's report thereon. The trustees are ￿SponsIble lor the other information contained within the annual
report. Our opinion on the financlal slalements does not cover the other information and, except to the exlenl
otherwise explicitly slated in our report, we do not express any form of 8s5urance conclusion thereon. Our
responsibility is lo read the other information and, in doing so, consider whether the other information is materially
inconsistent wlh the financial Slalemenls or our knowledge obtained in the course of the audrt, or otherwise appears
to be materially misstated. If we identify such material inconsistencies or apparent material misslalements, we are
required lo determine whether this gives rise lo a material misslalemenl in the financial slalements themselves. If,
based on the work we have performed, we conclude that there is a material misstalemenl of this other Information,
we are required to report that fact.
Vve have ntslhing to report in this regard.
Oplnlons on othgr matters prèscribgd by the Companies Act 2006
In our opinion, based on the wtsrk undertaken in the course of our audit..
the information given in the trustees, report for the financial year for which the financial statements are
prepared. which includes the dire¢ltsrs' report prepared lor the purposes of company law, is consislenl with the
financial staternenls., and
the direcltsr5' report included ￿thin the trustees. report has been prepared in accordance wllh applicable legal
requirements.

VOLUNTARY ACTION ANGUS
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF VOLUNTARY ACTION ANGUS
Matters on whl¢h we are requlrgd to report by Bxcapllon
In the light of the knowledge and understanding of the charity and ils environment obtained in the course of the
audit, we have not identified material mi5slatem$nls in the directors, report included within the Iruslees, report.
In the light of the knowledge and understanding of the company and its environment obtained in the course of the
audit, we have not identified material misstslemenls in the Iruslee5' report. We have nothing lo report in respect ol
the following matters In relation lo which the Companies Act 2006 and the Charities A¢¢ounls Iscollandl
Regulation5 20061as arnendedl and the Charities and Trustee Investment Iscotlandl Acl 2005 requires us lo reptsrt
to you if, in our opinion..
adequate a¢counling records have not been kept, or retums adequate for our audit have not been received
frc>m branches not visited by us," oi
the financial slalemenls are not in agreement with the accounting records and returns- or
certaln disclosures of Iruslees. remuneration specified by law are not made., or
we have not received all the information and explanations we require for our audit., or
the trustees were not entllled to prepare the financial slalemenls in accordance with the small companies
regime and lake advantage of the small companies. exemptions in preparing the Iruslees. report and from the
requirement lo prepare a strategic report.
Rosponslbllltl&8 of trustee$
AS explained more lulSy in the statement of trustees, responsibilities, the Iru51ees. who are also the directors of the
charity for the purpose of company law, are responsible for the preparation of the financial slalements and for being
satisfied that they give a true and fair view, and for such internal control as the Iruslees determine is necessary lo
enable the preparation of financial statements that are free from material misslalernent, whether due lo fraud or
error. In preparing the financial statements, the trustees are responsible for 8ssessing the charity's ability to
continue as a going concern, disclosing, as applicable, mallers related to going concern and using the going
concern basis of accounting unless the trustees either intend to liquidate the charitable Cofnpany or lo cease
operatlOll5, or have no realistic alternative but to do so.
Auditorf$ responsibillllgs for the audlt of the financlal statoments
We have been appointed as auditor under section 144 of the Charitie$ Act 2011 and report in accordan¢e with the
Act and relevant regulation5 made or havlng effect the￿under.
Our objectives are lo obtain reasonable assurance about whelheT the financial slalements as a whole are free from
material misstatement, whether due lo fraud or error, and to issue an audilorfs report that includes our opinion.
Reasonable assurance is a high level of assurance bul is not a guarantee that an audit conducted in accordance
with ISAS IUKI will always delecl a material misstatement when il exists. Mi5stslernent$ ¢an arise from fraud or
error and are considered material if, individually or in the aggregate, they could reasonably be expected lo influen¢e
the economic decislons of users taken on the basis of these financial glalemenls.
The extent lo which our procedures are capable of delecling iTregularilies, including fraud, Is detailed below.

VOLUNTARY ACTION ANGUS
INDEPENDENT AUDITOR'S REPORT ICONTINUED)
TO THE TRUSTEES OF VOLUNTARY ACTION ANGUS
Irregularities, including fraud. are instance of non-compliance with laws and regulations. We design procedures in
line wlh our responsibilities, outlined above, lo delecl material misslatemenls in respect of Irregularities. including
fraud. The extent to which our procedures are capable of detecting irr¢gularilies, including fraud and non
compliance wlth18W5 and regulations is detailed below.
The audit team has the appropriate skills and expertise required and through discussions w￿h management and
trustees and knowledge of the sector Its ensure any non ¢ompliance is recognised and all necessary dBclosures are
made. The controls in place help the charity miligale the risk of fraud and also aids them in hlghlighting any
instances of fraud that might have occurred.
We asse5S the sus¢&plibllity tsf the charity's financial statements lo material misstatement including obtaining an
understanding of how fraud and non compliance with laws and regulations may occur.
Making enquiries of management & directors about any known or suspected instances of non complian
with laws and regulations, including GDPR, health and safely, employment law and fraud.
Enquires of management & Iruslees as lo where they consider there is a su8ceplibilily lo fraud and their
knowledge of how actual, suspected and alleged fraud might occur.
Review of any correspondence with regulators including OSCR & HMRC,
Challenging assumptions and judgements made by management in their significant accounting eslimales
depreciation and allocation of funds and support costs as accounting e51imales during the audit
Auditing the risk of management override ¢onlrols, including through lesling of journal entries and other
judgments for 8ppropriaten&$$.
Review of any areas where there is potential of management bias, large & unusual tran8aclions and the
risk of undisclosed related partles.
Performed analytical procedures lo Idenlfy any unusual transactions.
Review of legal fees Including enquiries of solicitors and review disclosure3 to ensure appropriate.
Review of board minutes and any corresponding disclosures.
Because of the field in which the ¢lienl operates we Identified the following areas as those most likely lo have a
material impact on the financial slalemenls.,
Direct Impad on Financial Slalements
The Charities Ac¢ounls (Scollandl regulations 2006
Charities SORP- FRS 102
Charities & Trustee Investment (Scotlandl Act 2005
Companies Act 2006
HMRC Regulations
Indirect Impact on Financial Statements
GDPR
Employment Laws
Health & safely al work Act
Charities con81ilulion
Money Laundering Regulations
Because of the inherent limilalions of an audit, there is a risk that we will not delecl all irregularitleg, Including those
leading lo a material misstatement in the financial slalements Dr non-compliance with regulation. This risk increases
the more that compliance wlh a law or regulation is removed from the events and transactions reflected in the
financial slatemenls, as we will be less likely lo become aware of instances of non-compliance. The risk is also
greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment,
forgery, collusion, omission or Misrep￿SentaII0n.
We communicate with those charged with governance, trustees regarding, among other mallers. the planned
scope and liming of the audit and significant audit findings, Sneluding any significant deficiencies in internal control
that we identify during our audit.
A fijrther description of our responsibilities is available on the Financial Reporting Councll's website at.. https.'Il
.frc.org.uklaudilorsresponsibilities. This description forms part gf our auditor's report.

VOLUNTARY ACTION ANGUS
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF VOLUNTARY ACTION ANGUS
Use ofour r9POrt
This report is made solely lo the charitable company's members, as a body. in ac¢ordance with Chapter 3 of Part 16
of the Companies Act 2006. Our audit work has been undertaken so that we mi9ht stale lo the charilatle company's
members those matters we are required lo slate to them in an auditor's report and for no other purpose. To the
fullest extent permitted by law, we do not accept or assume responsibility lo anyone other than the charitable
company and the charitable company'8 members as a body, for our audit work, for this report, or for the opinions we
have formed.
Louise Deuchar, C.A. (Senlor Statutory Audltor}
lor and on behalf of Flndlays Audlt Llmltgd
11 Dudhope Terrace
Dundee
DD3 6TS
23 July 2028
Findlays Audit Limited 18 eligible for appointment 83 auditor of the charity by virtue of Ils eliglbillty for appointment as
auditor of a company under section 1212 of the cOmpan￿e$ Act 2006.
io-

VOLUNTARY ACTION ANGUS
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2026
Current financial year
Unrestricted R•stri¢ted
funds
funds
2026
2026
Total
Total
2026
2025
Notes
Donations and legacies
Charitable activities
other income
237,317
52,SS7
1,205,870
1,443,187
52,557
1,325,729
54,511
Total income
289,874
1,205,870
1,495,744
1,330,242
Charitable activities
226,430
1,195,220
1,421,650
1.456,475
Net Ineominglloutgoingl rèsoure•$ before transfers
e3,444
10,650
74,094
176,2331
Gross transfers be￿een funds
15,4061
5,406
Not incomellexpenditur81 for the yearl
N&t movomonl in fund5
58,038
16,056
74,094
176,2331
Fund balances al 1 April 2025
352,179
260,566
612,745
688,978
Fund balanc9$ at 31 March 2026
410,217
276,622
686,839
612,745
The slalemenl of financial aclivits'es includes all gain5 and losses re¢ognised in the year. All income and expendllure
derive from continuing acb'vities.
The slalemenl of financial actlvllies alsts wmplies with the requiremènts frjr an incc*me and expenditure account
under the Companies Act 2006.
The notes on pages 15 10 31 form part of these financial slalemenls.

VOLUNTARY ACTION ANGUS
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2026
Prior financial ygar
Unrestricted Restrictgd
funds
fund8
2025
2025
Total
2025
Notes
Donations and legacies
Charitable activities
Other incomg
216,854
54,511
1,108,875
1,325,729
54,511
Totsl income
271,367
1,108,875
1.380,242
Charitable activitie
248,773
1,207,702
1.456,475
Nèt incominglloutgolnyl resources before transfers
22,594
198,8271
176,2331
Gross transfers between fund8
11,084}
1,084
Net incomoll&xpondltur•l for thg yoarl
Nèt movement in funds
21,510
197,7431
176,2331
Fund balances al 1 April 2024
330,669
358,309
688,978
Fund balanc&$ al 31 March 2025
352,179
280,566
612,745
12

VOLUNTARY ACTION ANGUS
BALANCE SHEET
ASAT31 MARCH 2026
2026
2025
Not•s
Flxod a88•ts
Tangible assats
14
225.921
236,563
Currant 4¥8ots
Debtors
Cash at b8nk and In hand
15
33,584
695,102
110,604
669,251
728,686
779,855
Cr•dltors: amounts falllng du• wlthln
ono year
17
1215,506
1327.1191
Nèt current assets
513,180
452,736
Totsl asgetg loss curr•nt Ilabllltles
739,101
689,299
Crodltors: amounts falllng du? aft•r
more than ono y8ar
152,262)
176.5541
686.839
612.745
In¢omo fund6
Rts8trict8d fvnds
Unre
I dfvnd8-
DesKJnatgd fund
General unreslrlcted funds
22
276,622
260,566
enera
21
24,000
386,217
12.000
340,179
410.217
352,179
686,839
612,745
The notes on pages 15 to 31 form part of these financlal ststements.
These financial statgmgnts have been prepargd In accordance wlth the provisions applicable lo companiès subject
to the small comppni93 regime.
The financlal statam9nls were approvgd by thè TNstses on 23 July 2026
Mr WS1118m Mulr
Tru8te•
Company r8glstratlon numbor SC248473
13.

VOLUNTARY ACTION ANGUS
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2026
2026
2025
Notey
Cash flows from operatSng actlvltles
Cash generated from operations
28
50,161
9,955
Invastlng actlvitles
Purchase of tangible fixed assets
11.858)
13,3631
Not cash used In Inv8$tlng activities
11,8581
13,3631
Finan¢lng activit195
Repayment of bank loans
122,452}
{20,7531
Net cash usgd In financlng actlvltles
122,4521
120,7531
Net incr8a$elldecreasel in cash and cash
equlvalgnts
25,851
114,1611
Cash and cash $quivalents at beginnlng of year
669.251
683,412
Cash and cash equivalont5 at end of year
695,102
669,251
The notes on pages 15 10 31 form part of these financial statement5.
14-

VOLUNTARY ACTION ANGUS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
Accountlng pollclg¥
Charlty information
Vtsluntary Action Angus is a prlvale company limited by guarantee incorporated in Scotland. The registered
office is Voluntary Action Angus, 5.7 The Cross, Forfar, DD8 1 BX.
1.1 Basis of preparation
The financial slalemenls have been prepared in accordance Mlh the charity's governing document. the
Companies Act 2006, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland and the Charities SORP 'Accounling and Reporting by Charitie5.' Slalement of Recommendgd
Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
appli¢able in the UK and Republic of Ireland IFRS 1021 The charity is a Public Benefit Enlily as defined by
FRS 102.
The financial ststemenls are prepared in sterling, which is the functional currency of the charity. Monetary
amounts in these financial slalemenls are rounded tc) the nearest £.
The financial statements have been prepared under the historical cost convention.
1.2 Going concern
At the lime of approving the financial slalemenls, the trustees have a reasonable expectation that the charity
has adequate resources lo Continue in operational existence for the foreseeable future. Thus the trustees
continue lo adopt the gging concern basis of accounting in preparing the financial statements.
1.3 Charitable fund5
Unreslricled fund5 are available fc)r use al the discretion ol the trustees in furtherance of their charitable
objectives.
Designated funds are primarily lo cover planned maintenance and any major repairs on the building,
specifically the roof. The trustees have agreed that the designated fund can be used for other purposes
should there be material unexpected one-off costs needing mel.
Reslricled funds are subject to specific conditions by donors or grantors as lo how they may be used. The
purposes and uses of the restri¢led funds are set out in the notes lo the flnancial slalemenls.
Endowment funds are subject lo speciflc conditions by donors that the Capital must be malntsined by the
Charity.
1.4 Incoma
Income is recognised when the charlly Is legally enlilled lo it after any perftsrman¢e condillons have been mel,
the amounts can be measured reliably, and il is probable that income will be received.
Cash donations are recognised on receipt. Other donallons are recognised once the charity has been notified
of the donation, unless perfotrnance conditions require deferral of the amount. Income tax recoverable in
relation to donatlon8 received under Gift Aid or deeds of covenant is recognised al the lime of the donation,
Grants, including government grants are included in the Statement of Financial Activities on a receivable
basis. The balance of income recelved for specific purposes but not expended during Ihe period is shown in
the relevant funds on the Balance Sheet. Vvhere income is received in advance of entitlement of receipt, ils
recognition 1$ deferred and included in creditors are deferred income, Where entillemenl occurs before
income is received, the in¢ome is accrued.
15-

VOLUNTARY ACTION ANGUS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2026
Accountlng pollcles
Icontlnugdl
1.5 Exp8ndlture
Expenditure is recognised once there is a legal Dr Conslruclive obligation lo transfer economic benefit lo a
third party, il is probable Ihal a transfer of economi¢ benefits will be required In selllemenl, and the amount of
the obligation oan be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of dir#1 costs and
shared costs, including support costs involvgd In undertaking each aclivily. Direct costs attributable lo a single
activity are allocated dire¢lly lo that aclivily. Shared costs which contribute lo more than one activity and
support costs which are not attrlbulable to a single activity are apportioned between those activities on a ba818
consislenl wfth the use of resources. Central staff costs are allocated on the basis of lime spent, and
depreciation charges are allocated on the portlon of the asset's use.
1.6 Tangible fixgd assets
Tangible fixed assets are initially measureLI at cost and subyequently measured al cost or valuallon, nel ol
depreciation and any impairment losses.
Depreciation is re¢ognised so as lo write off the cost or valuation of as$els less their resklual values over their
useful lives on the followng bases..
Freehold buildings
Plant and machlnery
Fixtures and fittings
20A straight line
20% straight line
20% straight line
The gain or loss arising on the disposal of an asset is determined as the differen¢e between the sale proceeds
an(t the carrying value of the asset, and is recogni5ed in the statement of financial activities.
1.7 Impaimiont of flx&d a5sots
Al each reporting end dale, the charity reviews the carrying amount5 of ils tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indi¢alion
exists, the recoverable amount of the asset is estimated in order to delerrnine the oxlent of the impairment
loss lif any).
1.8 Cash and cash gqulvalerrts
Cash and cash equivalents include cash in hand, deposits held at call w*lh banks, other short.term liquid
investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.9 Flnancial Instruments
The charity has elected lo apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Olher Finan¢io1 Instrumen15 Issues, of FRS 102 to all of ils financial in5trumenl5.
Financial instruments are recognlsed in the charily'g balance sheet when the charity becomes party lo the
contractual provisions of the instrument.
Financlal assets and liabilitles are offset, with the nel amounts presented in the financial statements, when
there is a legally enforceable right to sel off the recognised amounts and there is an intention to sellle on a net
basis or lo realis& the asset and sellle the Ilabllily simultaneously.
16-

VOLUNTARY ACTION ANGUS
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
Accounting policies
(Continued)
Basic financlal ossets
Basic financial assets, which include debtors and cash and bank balance5, are initially measured al
transaction price includlng Iran5aclion costs and are subsequently carried 81 amortised cost using the effective
interest method unless the arrangement conslilules a financing Iransaclion, where the transaolion is
measured at the present value of the future receipts discounted al a market rale of interest. Financial as8els
classified as receivable within one year are not amortised.
Bas1¢ financlal Ilabllltles
Basic financial liabilities, including creditors and bank loans are initially recognised al Iran8adion price unless
the arrangement conslilules a financing Iransaclion, where the debt instrument is measured at the prosenl
value of the future payments discounted al a market rale of Interest. Finan¢ial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently Carried at arnortised cost, using the effective interest rate method.
Trade ¢redltors are obligations to pay for goods or 5ervice8 that have been acquired in the ordinary course of
operaligns from suppliers. Amounts payable are classified as current liabilities if payment is due within One
year or less. If not, they are presented as non-currenl liabilities. Trade creditors are recognised initially al
transacllon price and subsequently measured at amortised cost using the effe¢live interest method.
Derecognition of financlal Ilabllltles
Financial liabilftie9 are derecognised when the charity's contractual oblig3li¢ns expire or are discharged or
cancelled.
1,10 Employee bongfits
The cost of any unused hollday enlillemenl is recognised in the period in which the employee's $eNi¢es are
received.
Termination benefits ore recognised immediately a8 an expense when the charity is demonstrably committed
lo terminate the employment o18n employee or to provide lemiinalion benefits.
1.11 Retirement bgnoffts
The company is a member of a multkemployer plan. Where it is not possible for the Company lo obtsin
sufficient information lo enable il lo account for the plan as a defined benefit plan, il ac¢ounls for the plan as a
defined ctsnlribulion plan. The amount charged lo the Slalemenl of Financial activities incorporating Inwme
and Expenditure Account represents contributions payable lo the scheme in respect of the accounting period,
1.12 Grants payable
Grants payable comprise of those paid in the ac¢ounling period and. where applicable, include grants payable
in future accounting periods where there is a legal obligation to make such payments.
17

VOLUNTARY ACTION ANGUS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
Crltlcal accounting &stlmate5 and judgements
In the application of the charity's accounting policies. the trustees are required to make judgements, eslimales
and assumptions about the carrying amount of assets and liabilities that are nol readily apparent from other
sources. The e51imales and associated assumptions are based on hislorical experience and other factors that
are considered lo be relevant. Actual results may differ from these eslimale8,
The estimates and underlying assumptions are reviewed on an ongoing basis. R&vislons lo accounting
estimates are recognised in the period in whlch the estimate is revised where the revision affects only that
period, or in the perlod of the revision and future periods where the revlsion affects both current and future
periods.
Critlcal Judgements
Dgprgclatlon
Tangible fixed assets are depreciated over a period lo reflect their eslimaled useful lives. The applicability ot
the assumed lives is reviewed annually, taking into account factors such as physical condition, malnlenance
and obsolescence.
Fixed assets are also assessed as lo whether there a￿ indictors of impairment. Thls assessment involves
consideration of the economic viability of the purpose for which the asset is used.
Ovèrhead allocatlons
Overheads are allocated against reslricled funds on an actual basis as are direct costs. Wages and salaries
are also alltscaled on an a¢lual bas18. Remaining overheads are allocated on an agreed percentage in line
with income and activities.
Wagey & Salaries
Wages are allocated to projects based on actual time worked on specrfic projects. Where personnel work of
several projec15 the lime is estimated by the CEO in line wlh the actual work Ca￿led ovt.
Support Cosls
Support costs within the accounts are based on an e81imatlon of management time which can be attributed lo
the projects. The approach for allocating support costs is consislenl and in line wf(h the expectslions.
Accruals & provlslons
Included within accruals is eslirnales for future costs where the values were not fully confirmed at the year
end. These costs however are based on reliable e51imales of expected costs due.
Incomg from donatlons and legacle8
Unr•$tricted Restrictgd
funds
funds
2026
2026
Tota5 Unrostrict&d Rgstrl¢ted
fund5
funds
2025
2025
Totsl
2026
2025
Donations and gift5
Grant$
1,859
235,458 1.205,870
1,859
1,441,328
216,854 1,108,875 1,325,729
237.317 1,205,870 1,443,187
216,854 1,108,875 1,325,729
18-

VOLUNTARY ACTION ANGUS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
Income from donallons and legacies
Icontlnugdl
Unreslrlcted Restricted
funds
funds
2026
2026
Totsl un￿stricted Rastrictèd
fund$
funds
2025
2025
Total
2026
2025
Grant5
NHS Charit8ble Fund
ICJ post
Vvhole Family Wellbeing
Fund
Angus Council - LEP
Scottish Govemmenl
Social Prescribers
NHS Breast Buddies
Angus Councll SLA
Angus Health & Social
Care Partnership
Menlal Health &
Wellbein9 Fund
6,407
54.084
6,407
62,838
8.754
61,157
81,157
10,000
100,000
110,000
8,000
50,000
8,000
50,000
201,344
302,816
21,000
73,225
201.344
201,344
317,533
25,000
49,540
201,344
317,533
25,000
49.540
302,816
21,000
73,225
268.300
288,300
268,300
268,300
15.360
385,006
400,366
15,510
324,377
339,887
235.458 1,205.870 1,441,328
216,854 1,108,875 1,325,729
Income from charftable activities
Unrestrictgd Unrestrlctsd
funds
funds
2026
2025
Charitable aetlvitie$
Service income
Rentsl income
11,070
41.487
7,945
48,566
52.557
54,511
other incom•
Unrestrlcted Unr85trictod
funds
funds
2026
2025
Other income

VOLUNTARY ACTION ANGUS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
Exp8ndltur& on charltablè actlvlties
CharStabl&
actlvlt&$
2026
Charitable
activites
2025
Direct costs
Staff costs
Depreciation and impairment
Rent, rale5 & insurance
Premises costs
Light & heal
Cleaning
Staff travel & training
Vehicle leasing eosls
693,685
12,500
17,503
13,429
57.653
2.129
1,695
3,317
631,477
14,348
14,602
13,485
55,889
878
7,849
4,262
k 11
Bad debts
Telephone, inlernel & computer c081s
Publicity & promotion
Payroll and bookkeeping support
Kirrie Friday Night Project
Slalignery & p)slage
Miscellaneous
Motor expenses
Loan interest
878
45,394
13.520
30.360
2.200
1.292
3.486
8.325
7,234
5,276
36,693
5,621
38,940
4,480
4,104
1,929
8,538
9,282
914,600
857,653
Grant funding of activities (see note 71
410,944
490,423
Share of Support and governance costs (see note 81
Support
Gtsvernance
22,582
73,524
21,977
86,422
1,421,650
1,456.475
Analysis by fund
Unreslricled lunds
Restricted funds
226,430
1,195,220
248.773
1,207.702
1,421,650
1,456,475
20-

VOLUNTARY ACTION ANGUS
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
Grants payablè
2026
2025
Grants to instilution$129 granlsl..
ADHD Support Group
Angus Creatives
Angu5 Voice
Angus Wtsman'sAid
Arbroalh Connection
Autism Initiatives
Brechin Soup13 grants)
Buckled Body
Cruse Swlland
DD8 Music
Dundee &Angu$ADHD Group
Families Outside
Farnily Mediation
Flts Cooking
Forfar Music Group
Forfar Open Garden
Gallowshade Community
Greenhillock Green
Heather Williams12 gran181
Hope Garden SCIO
Kirriemuir Foodhub
Monifi&lh Befriending Scheme12 gr8ntsl
Montrose Community
Murton Trust
New Solutions
Penumbra Limited
Promo Monlrose
Re-Engage Lld12 gran181
Scottish Action
Scottish Action for Mentsl Heall
Sporting Memories
Slralhmore C¢mmunity
TCA
The Adam Centre
The Profound
An9us Disability Sport
Womens Rape Charfty
28,000
10,000
3.000
39,975
5,000
27,722
9,900
24,306
500
3,000
3,960
19,900
56,913
9,823
12,705
25,000
5,000
5,000
30,000
500
soo
84,000
25,000
92,000
10,000
25,989
5,000
13,500
500
17.451
25,000
75,000
5,000
5,500
24,880
47,115
4,950
16.410
40,000
5,000
12.068
11,300
35.000
410,944
490,423
21

VOLUNTARY ACTION ANGUS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2026
Grants payablg
(Continued)
ncluded in the grants paid out are grants paid in relation lo the following fund$'.
MHWB lo Support individual applications for communtty based initiatives that promote and develop good
mental health and wellbein9
Whole Family Wellbeing Fund - small grants - grants less than £25,000 to assist how families in Scotland are
Supported
Support costs allocaled to activities
Charitablo
activites
2026
Totsl
2025
Staff c0515
Governance
22,582
73,524
21,977
86,422
2026
2025
Governan¢• ¢o$ts comprlse..
Staff costs
Audit fees
Legal and professional
Bank charges
52,691
17,010
3,787
38
51,280
16,200
18,698
244
73,524
86,422
Not movement In funds
2026
2026
The nel movemgnl in funds is staled after chargingllcredilingl,,
Fees payable lo the charity's auditor..
for the audit of the charity's financial statements
for other financial services
Depreciation of owned tangible fixed assets
17,010
30,360
12,500
16,200
38,940
14,348
22-

VOLUNTARY ACTION ANGUS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
10 Auditorfs remuneratlon
FO￿ payabl• to the charity's audltor and asso¢lates'.
2026
2025
Audit of the charity's annua1 accounts
17,010
16,200
Non-audit Services
All other non-audil services
30,3fj0
38,940
11 Trustoes. r&mungratlon and oxpen8èS
None of the trust&es lor any persons connected with them) received any remuneration or beneflls from the
charity during the year.
12 Employges
The average monthly number of employees during the year was..
2026
Number
2025
Number
Tol81 employees
28
29
Employm9nt costs
2026
202S
Wages and salaries
Soclal security costs
Other pensitsn costs
647,646
69,816
51,296
611,987
47,082
45.665
768,958
704,734
The number of employees whose annual remuneration was more than £60,000
is as follows..
2028
Number
2025
Number
£80,000 10 £90,000
R&muneratlon of key management pgrsonn81
The remuneration of key management personnel was as follows..
2026
2025
Aggregate compensation
195,965
185,231
23-

VOLUNTARY ACTION ANGUS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2026
13 Taxatlon
The Charty is exempl from laxalion on ils activities because all ils income is applied for charitable purposes.
14 Tangible fixed assets
Frg¢ho1d
bulldlnus
Plart and Flxtur88 and
machlnery
flttlngs
Totsl
Cost
Al 1 April 2025
Additions
256,340
73,902
27,010
1,858
357,252
1,858
At 31 March 2026
256,340
73,902
28,868
359,110
Dèprgclatlon and Impalrment
Al 1 April 2025
Depreciation charg6d in the year
35,888
5,127
62,769
5,566
22,032
1,807
120,689
12,500
Al 31 March 2026
41,015
68,335
23,839
133,189
Carrylng amount
Al 31 March 2026
215,325
5,587
5,029
225,921
Al 31 March 2025
220,452
11.133
4,978
236,563
15 Dèbtors
2026
2025
Amounts falllng due wlthln one year..
Trade debtors
Other debtors
Prepayments and ac¢rued income
13,540
1,694
18,350
71,622
1,091
37,891
33,584
110,604
16 Loans and overdrafts
2026
2025
Bank loans
76,554
99,006
Payable within one year
Payable after one year
24,292
52,262
22,452
76,554
The property known as 5-7 The Cross, Forfar, Angus, DD8 OSA has been given a$ se¢urity over the bank loan
and the other loan, therefore the lolal amount of secured creditors is £76.554.
24-

VOLUNTARY ACTION ANGUS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
16 Loans and ovgrdrafts
Icontlnuedl
The ¢harily has two loans due for repayment, a bank loan and an other loan. The terms and condillons ol
these loans are as follows..
Bank Loan The interest rate on this loan is 3.750/0 per annum above the base rate of the Bank of England
from time 19 lime, provided that if the Bank of England base rate is lower than OOA, the Bank of EngL8nd base
rale applicable lo the loan shall be deemed to be OQkn for the period of lime that the rale is lower than OOA. The
lerrn ol the loan is 10 years and repaymenls are being made monthly and include capftal and interest.
Other Loan
The rale of interest on the loan is 80A per annum. The term of this loan 1$ 10 years and
repayments are being made monthly and Include capital and interest.
17 Credltors., amounts falllng due within one yoar
2026
2025
Notgs
Bank loans
other taxation and social security
Government grants
Trade creditor5
Other creditors
Accruals and deferred income
16
24,292
30,431
79,823
8,95S
16,619
55,385
22,452
19
67,075
3,932
11,928
210,631
215,506
327,119
18 Creditors.. amounts falllng due aftor more than ong year
2026
2025
Notes
Bank loan
16
52,262
76,554
19 Governmènt grants
Deferred in¢ome is included In the financial statements as follows..
2026
2025
Deferred income is included within..
Current liabilitie8
79,823
67,075
2026
2025
Movements in the year..
Deferred Income al 1 April 2025
Released from previous periods
Resources deferred in the year
67.075
167,0751
79,823
67,075
Defe￿ed income al 31 March 2026
79,823
67,075
-25-

VOLUNTARY ACTION ANGUS
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
19 Government grants
Icontlnuodl
In the y&ar there were 3 grants that were invoiced that relate lo post year end monie8 due therefore these
have been deferred.. AH & SC 1 sl QLJart&r - strategic of £33,825 12025 - £33,825). AH & SC 1st Quarter
C8pa¢ity of £33,250 12025 £33,250) and NHS Breast Buddies 181 Haw of £12,500 112025 £Nill. The
remainder of deferred income relates to rent Teceived in advance.
20 Ratlr8m•nt bonefit schomes
2026
2025
Doflned contribution schomes
Charge to profil or loss in respect of defined contribution schemes
51,296
45,665
The charity operates a defined conlrfbullon pension scheme for all qualifying employees. The assets of the
scheme are held separately from those of the charity in an independently administered fund.
21
Unrestrlctèd fund$
The unrestri¢led funds of the charity comprise the unexpended b8lan¢es of donations and grants whi¢h ar
not subject to specific ¢onditions by donors and 9rantors as lo how they rnay be used. These include
designated funds which hav& bggn $el aside out of unrestricted funds by the Iruslees for specific purposes.
At 1 Aprll
2025
Ineomlng Resources
resourc&8
expended
Transfors At 31 Mar¢h
2026
Emergency fund
General funds
12,000
340,179
12,000
277,874
24,000
38e,217
1226,4301
15,4061
352,179
289,874
1226,4301
15,408)
410,217
Prevlous ygar:
At 1 Aprll
2024
Incoming
resourc•8
Resources
expended
Transf•rs At 31 March
2025
Emergency fund
General funds
12.000
259,367
12,000
340,179
330,669
1248,7731
11,084}
330,669
271.367
1248,7731
11,084}
352,179
The Iruslees have designated funds lo primarily Gover planned maintenance and any major repairs on the
building, specifically the roof. The trustees have agreed that the designated fund can be used for other
purposes should there be a material unexpected one-off c051 needing mel. therefore property dilapidation
¢osl$ were offset against designated funds in the prior year.
-26-

VOLUNTARY ACTION ANGUS
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
22 Rgstrfct&d fund8
The reslricled funds of the charity comprise the unexpended balances of donations and grants held on trust
subject lo specific condition5 by donors as lo how they may be used.
At 1 Aprll
2025
Incoming
ro$ourc¥$
Rgsources
expendgd
Transfgrs At 31 March
2026
Angu5 Council SLA
Angus Council - Plant Youth
Breast Buddies
Angug Council - LEP
Employability
Stscial Prescribers
NHS Charitable Foundation
HSCP 3rd Sector Stralegic
AHSCP- Development ofApp
Afgan Refugees - donation
Whole Family Wellbeing Fund
Mental Heatth & Wellbeing
Fund
AHSCP- Energy Support
Improving Cancor Journey
49,540
149,55ei
18,4761
125,0001
16
3,317
5,159
25,000
28,393
71,161
128,3931
1355,3771
16,407)
1267,1741
18,0001
317,533
6,407
268,300
33,317
1,126
5,899
379
13,899
379
100.000
1102,0561
2,058
139,725
1,850
385,006
1290,6801
234,051
1,850
54,084
{54,1011
260,568
1,205,870
11,195,220)
5,408
276,622
Prèvious year..
At 1 April
2024
Incomlng
resources
Re50urc8s
expandgd
Transfers At 31 March
2025
Angus Council SLA
Angus Council SLA- Capital
Angus Council - Planet Youth
Breast Buddies
Angus Council - LEP
Employability
Social Prescribers
HSCP- 3rd Sedor Strategic
AHSCP- Development ofApp
Afgan Refugees - donation
Mental Health & Wellbeing
Fund
CMHWB
AHSCP- Energy Support
Improving Cancer Journey
73,225
(73,2251
13,1141
12,8411
121.0001
2,030
1,084
8,000
21,000
5,159
50,000
302,816
268,300
121,6071
1249.983)
1268.3001
110.0001
28,393
71,161
18,328
23,899
379
13,899
379
304,302
1,469
1,850
6,052
324,378
1490,4241
138,256
1,469
1,850
61,156
167,2081
358,309
1,108,875
{1,207,702)
1,084
260,566
27-

VOLUNTARY ACTION ANGUS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
22 Restrlctgd fund8
{Continuedl
Angus Council SLA- To fund the development of volunteering in parti¢ular young people, working partnership
wllh Angus Council lo create n)ore communily-ba5ed opportunities and Its Specifically run the Friday Nite
project in Kirrie. This is in addition to having a strategic role at many Community planning meetings with a
vlew Its combatting povorty.
B￿aSt Buddies To lund a post for a brea5t-feeding Coordinator.
NHS Charitable Foundation
consultancy servlces.
Fundlng lo support third sector organisations through the provision of
Social Prescribers To fund the cost ol wages for 8 social prescribers through the primary care improvement
plan to support GPS practice lo bring about health and SD¢ial change in order lo improve patients, quality of
life. Each worker is based in GP pracllces across each locality.
HSCP 3rd Sector Strategic- The funding received by VAA form HSCP helps lo develop a new culture of local
eare. VAA is a strategic organisalion, which leads on rllany innovations in Health and Social care and help8
establish community engagement activity within localities. These funds are used lo cover the costs of the
following.. 4FTE lo¢alily workers, strategic posts", Social enterprise development, learning and development,
third sector capacity workers, the Deputy Chief Execvlive supported by admin posts. In addition, VAA having a
key strategic role on HSC issu&s and makes an important contribution to the IJB. Our work is central lo
building eullural change increasing ¢apa¢ily for preventative work and essential to community anL# health
development.
AHSCP- Development of Locality App - monies received for research and development Into a leaming app.
Afgan Refugee's donation . Funds lo support coordinating support for Afgan refugees.
Mental Health & Wellbeing Fund Tts support communily-based initiative5 that promote and develop good
mental health and wellbeing. These funds are helcl by VAA to be distributed to other charities. CMHWB - To
support initiative that promote and develop mental health and wellbeing in children.
Improving Cancer Joumey- Monies received lo employ a specific M¢Millan prescriber.
Angu$ Council - Planet Youth Funding lo implement the Planet Youth model in Angus, working wlh young
people, families, schogls and communities lo reduce risk-taking behaviours and improve youth wellbeing
through dala-led prevention.
Angus Councll
LEP Employabillly
To support employability inilialives in partnership with the Lo¢al
Employability Partnership, helping individuals facing barrlers into work. training, or further education through
third seclor-led programmes
Whole Family Wellbeing Fund - To support a national programme aimed lo redesign how families in Scotland
are supported IL7 get the right help al the right time - programme lo award grants to organis81ions up lo value
of £25,000
28-

VOLUNTARY ACTION ANGUS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
23 Analy8lB of net assets bgthon fund8
Unrestricted
funds
2026
Restrlcted
fund5
2026
Total
2026
At 31 March 2026:
Tangible assets
Current asselsllliabililiesl
Long term liabilities
225,921
236,558
152,2621
225,921
513,180
{52,2621
276,622
410,217
276,622
686,839
Unrestricted
fund8
2025
Restrict9d
funds
2025
Totsl
2025
At 31 March 202S'.
Tangible assets
Current asselsllliabilitiesl
Long term liabilities
233,449
195,284
(76,5541
3,114
257,452
236,563
452,736
17S,5541
352,179
260,5S6
612,745
24 Contingent Liabillty - Penslon
The company participates In the scheme, a mulli-employer scheme which provides benefits to some 950 non-
associated participating ernployers. The scheme is a defined benefit scheme in the UK but will be treated as
a defined contribution scheme for disclosure purposes due lo it not being possible lo obtsin sufficient
infomiation lo enable il lo be accounted for as a defined benefit schgme.
The s¢heme is sublecl to funding legislallon outllned in the Pensions Act 2004 which came into force tsn 30
December 2005. This. together with clocumenls issued by the Penslons Regulator and Technical Aclu8rrdl
Stsndards issued by the Financial Reporting Council, set out the framework for funding defined benefit
occupational pension s¢hemes in the UK.
The scheme is classified as a 'last-man standing arrangement,. Therefore the company is potentially liable for
other participating employers, obligations if those employers are unable to meet their share of the scheme
deficit following withdrawal from the Scheme. Participating employers are legaSly required to meet their share
of the scheme deficit on an annuity purchase basis on withdrawal from the scheme.
VAA has been notified by the Pensions Trust of the estimated employer debt on withdrawa1 from the Plan
based on the financial position of the Plan al 30 September 2022. As at this dale the estimated employer debt
for VAA was £14,513. This is the m051 recent valuation.
This figure is calculated on a solvency - 'buy out, valuation which is the slalulory basis for calculating an
employe¢s debt on withdrawal. The debt on withdrawal is the withdrawing employer's Share of the difference
between the Scheme's assets and the Scheme Acluary's estimate of the amount of an insurance company
would charge lo lake on responsibility for paying 811 of the benefits.
Due to the nature of the liability and that this would only be due if all employees were lo wilhdrdw this liability
has not been recognised in the financial slatemenls.
-29-

VOLUNTARY ACTION ANGUS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2026
25 Contlngent Ilabllltles
Prior lo 31 March 2026, the charity approved grant awards tolaling £355,034 from the Mental Health &
Wellbeing Fund. At the repo￿ng dale, the awards rernained sublecl to specific conditions that had not been
satisfied by the prospective recipients and. accordingly, no legal or conslruclive obligation existed al the year
end.
The condition5 were satisfied after the reporting date and the grants subsequently became payable. As the
charity was not un¢ondilionally commilled lo making the payments al 31 March 2026, no provision or Cfedilor
has been re¢ognised within these finan¢ial slal$menls.
The trustees consider that these commitments represent potential fvlure expenditure of £355,034. conlingenl
upon the saligf8¢tion of the relevant award condltions.
26 Operating lease ¢ommltm•nts
Lessee
Al the reporting end date the charity had outstanding commitments for future minimurn lease payments under
non-cancell8ble operating leases. which fall due as follows.,
2026
2025
Wrthin one year
10,201
12,785
27 Related paty transactlons
Transactions wlth relat$d partie5
There were no disclosable related party Iransacllons durin9 the year12025- none).
28 Cash gongrated from operafjons
2026
2025
Surpluslldeficill ftsr the year
74,094
176,2331
Adju$tmènt5 for:
DepreclatSon and impairment of tsngible fixed assets
12,500
14,348
Movements in worklng ¢apital..
Decreasellincreasel in debtors
(Decreasellincrease in creditors
Increase in deferred Income
77,020
1126,2011
12,748
183,0421
87,807
67,075
Cash generated from operatlon8
50,161
9,955

VOLUNTARY ACTION ANGUS
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2026
29 Analy818 of changes In not funds
At 1 Aprll 202S
Cash flow8At 31 Alar¢h 2026
Cash al bank and in hand
669.251
25,851
695.102
Loans falling due within one year
Loans falling due after more than one year
122.4521
176.5541
11,8401
24,292
124,2921
152,262)
570.245
48,303
618.548
31