2025-12-31-accounts - Royal Air Forces Association Fraserburgh Branch

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REGISTERED CHARITY NUMBER: SC036492

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2025

for

RAF Association Fraserburgh Branch

M Squared Accountants Bank House Seaforth Street Fraserburgh Aberdeenshire AB43 9BB

RAF Association Fraserburgh Branch

Contents of the Financial Statements for the Year Ended 31 December 2025

		Page	Page
Report of the Trustees		1
Independent Examiner's Report		2
Statement of Financial Activities		3
Balance Sheet		4
Notes to the Financial Statements	5	to	9
DetailedStatementofFinancialActivities		10

RAF Association Fraserburgh Branch

Report of the Trustees for the Year Ended 31 December 2025

The trustees present their report with the financial statements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims The objective of the charity is to run the Branch on behalf of its members.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number $C036492

Principal address 20 Love Lane Fraserburgh AB43 9AT

Trustees

J Cameron

Independent Examiner M Squared Accountants Bank House Seaforth Street Fraserburgh Aberdeenshire AB43 9BB Approved by order of the board of trustees on _ 2b \og\ae and signed on its behalf by:

Cae Tee ‘

Page 1

Independent Examiner's Report to the Trustees of RAF Association Fraserburgh Branch

| report on the accounts for the year ended 31 December 2025 set out on pages three to nine.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.

Basis of the independent examiner's report

My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently | do not express an audit opinion on the view given by the accounts.

Independent examiner's statement

In connection with 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; and
- to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations

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.

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Michael Murray ce
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The Association of Chartered Certified Accountants

M Squared Accountants

Bank House Seaforth Street Fraserburgh Aberdeenshire AB43 9BB

Date: 26 [03]2026

Page 2

RAF Association Fraserburgh Branch

Statement of Financial Activities for the Year Ended 31 December 2025

		31.12.25	31.12.24
		Unrestricted	Total
		fund	funds
	Notes	£	z
INCOME AND ENDOWMENTS FROM
Othertrading activities Investment income	2 3	2,115 3,200	3,732 3,200
Total		5.315	6,932
EXPENDITURE ON
Charitable activities
Expenditure on charitable activities General		1,765 1,411	4,939 1,638
Total		3,176	6,577
NETINCOME		2,139	355
RECONCILIATION OF FUNDS
Total funds broughtforward		11,495	11,140
TOTALFUNDSCARRIEDFORWARD		13,634	11,495

The notes form part of these financial statements

Page 3

RAF Association Fraserburgh Branch

)

Balance Sheet

31 December 2025

		31.12.25	31.12.24
		Unrestricted	Total
		fund	funds
	Notes	£	£
CURRENT ASSETS
Cash in hand		13,634	13,356
CREDITORS
Amounts falling due within oneyear	6	-	(1,861)
NETCURRENTASSETS		13,634	11,495
TOTALASSETS LESS CURRENT
LIABILITIES		13,634	11,495
NETASSETS		13,634	11,495
FUNDS	7
Unrestricted funds		13,634	11,495
TOTALFUNDS		13,634	11,495

Theee fiETSial statePets wereandapproved were signedby onthe itsBoard behalfof by:Trustees and authorised for issue on

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The notes form part of these financial statements

Page 4

RAF Association Fraserburgh Branch

Notes to the Financial Statements for the Year Ended 31 December 2025

ACCOUNTING POLICIES

Basis of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention.

Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

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

Taxation The charity is exempt from tax on its charitable activities.

Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Page 5

continued...

RAF Association Fraserburgh Branch

Notes to the Financial Statements - continued for the Year Ended 31 December 2025

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||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |2.|OTHER|TRADING|ACTIVITIES| |31.12.25|31.12.24| |£|&| |Membership|fees|1,411|1,638| |Wings Appeal|704|2,094| |2,115|3,732| |3.|INVESTMENT|INCOME| |31.12.25|31.12.24| |£|£| |Rents|received|3,200|3,200| |4.|TRUSTEES’|REMUNERATION|AND|BENEFITS| |There|were|no|trustees’|remuneration|or|other|benefits|for|the|year|ended| |31|December|2025|nor|for|the|year|ended|31|December|2024.| |Trustees’|expenses| |There|were|no|trustees’|expenses|paid|for|the|year|ended|31|December|2025|nor|for|the| |year ended|31|December|2024.| |5.|COMPARATIVES|FOR THE|STATEMENT OF|FINANCIAL|ACTIVITIES| |Unrestricted| |fund| |3| |INCOME AND|ENDOWMENTS|FROM| |Other|trading|activities|3,732| |Investment|income|3,200| |Total|6,932| |EXPENDITURE|ON| |Charitable|activities| |Expenditure|on|charitable|activities|4,939| |General|1,638| |Total|6,577| |NET|INCOME|355| |RECONCILIATION|OF|FUNDS| |Total|funds|brought forward|11,140|

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Page 6

continued...

RAF Association Fraserburgh Branch

Notes to the Financial Statements - continued for the Year Ended 31 December 2025

5.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
				Unrestricted
				fund
				£
	TOTAL FUNDS CARRIED
	FORWARD			11,495
6.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			31.12.25	31.12.24
			£	£
	Other creditors		-	1,861
De	MOVEMENT IN FUNDS
			Net
			movement	At
		At 1.1.25	in funds	31.12.25
		£	£	£
	Unrestricted funds
	General fund	11,495	2,139	13,634
	TOTAL FUNDS	11,495	2,139	13,634
	Net movement in funds, included in the above are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
		£	£	£
	Unrestricted funds
	General fund	5,315	(3,176)	2,139
	TOTAL FUNDS	5,315	(3,176)	2,139
	Comparatives formovement in funds
			Net
			movement	At
		At 1.1.24	in funds	31.12.24
		£	£	£
	Unrestricted funds
	General fund	11,140	355	11,495
	TOTALFUNDS	11,140	355	11,495

Page 7

continued...

RAF Association Fraserburgh Branch

Notes to the Financial Statements - continued for the Year Ended 31 December 2025

7. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	Pa
Unrestricted funds
General fund	6,932	(6,577)	355
TOTALFUNDS	6,932	(6,577)	355

A current year 12 months and prior year 12 months combined position is as follows:

		Net
		movement	At
	At 1.1.24	in funds	31.12.25
	£	£	£
Unrestricted funds
General fund	11,140	2,494	13,634
TOTALFUNDS	11,140	2,494	13,634

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	12,247	(9,753)	2,494
TOTALFUNDS	12,247	(9,753)	2,494

Page 8

continued...

RAF Association Fraserburgh Branch

Notes to the Financial Statements - continued for the Year Ended 31 December 2025

8. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2025.

Page 9

RAF Association Fraserburgh Branch

Detailed Statement of Financial Activities
for the Year Ended 31 December 2025
	31.12.25	31.12.24
	£	£
INCOME AND ENDOWMENTS
Other trading activities
Membership fees	1,411	1,638
Wings Appeal	704	2,094
	2,115	3,732
Investment income
Rents received	3,200	3,200
Total incoming resources	5,315	6,932
EXPENDITURE
Charitable activities
Sundries	218	117
Fees to Area	1,411	1,638
Wings appeal paid to Leicester	625	3,961
	2,254	5,716
Support costs
Other
Building insurance	922	861
Total resources expended	3,176	6,577
Netincome	2,139	355

This page does not form part of the statutory financial statements

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