CHARITY REGISTRATION NUMBER: SC038052 Equal Voice Unaudited Financial Statements 31 March 2025 18 North Street, Glenrothes. Fife KY7 SNA 01592 610388 8 Mitchell Street. Leven, Fife KY8 4HJ 01333 42S250 www.patersonboyd.com PATERSON BOYD & CO CHAATERED CERTIFIED ACCOUNTANTS
Equal Voice Financial Statements Year ended 31 March 2025 Page Trustees, annual report Independent examiner's report to the trustees Statement of financial acttvities Statement of financial position Notes to the fi.nancial statements
Equal Voice Trustees, Annual Report Year ended 31 March 2025 The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2025. Reference and adminlstrative details Registered charity name Equal Voice Charlty registratlon number SC038052 Prlnclpal office The trustees Independent examlner Structure, 8ovemance and management Constitutlon and Governance The Charity is an unincorporated association. It is governed by its constitution which was adopted on Istjune 2006 and updated in september 2009. The charity wasgranted charitable status by 05CR on 3 April 2007 and in June 2014 a change of name to 'Equal Voice, was approved. Membership is open tovulnerable adults aged 16orover living in Central Flfe; advocates of the charlty; organisations operating in Central Fife with similaraims, and anyone who has an interest in prornoting the aims of the charity.
Equal Voice Trustees, Annual Report f¢ortinuedJ Year ended 31 March 2025 Structure. governance and management [Ced1 Management At the Annual General Meetin& which is normally held in November, the mernbers elect a management committee which will meet at least four times per year. The management committee will consist of no more than 12 people and no fewer than 4 with 2 places for advixates and 2 for advocate partners. The management committee rnembers are the charity's trustees and responsible for the strategic direction and governance of the charity, whilst the day to day operational running is delegated to the Manager who leads a team of Development workers. Objectives and activities The charitable purposes of the charity are to strengthen communities, raise awareness, promote and safpeiiard thp riehts nf viilnt7rahle adiilts whn livp in c.entral Fifp,. tn provide indp.ppndp.nt citizen's advocacy, and to educate and inform the community of people's rights to fair and equal treatment. Our activities are to recruit, prepare and support individuals who give freely of their time to become advocates and to enable 311 advocate partners to have opportunities for involvement in all aspects of society and particularly in decision making regarding their own lives. Achlevements and performance It has been another busy year and Equal Voice has continued to adapt and thrive and rise to every challenge. We received funding from Fife Health & Social Care Partnership, Fife Voluntary Attion, the National Lottery, Fife Communities Mental Health & Wellbeing Fund, and The Robertson Trust. The demand for the service has grown significantly and the number of people we have helped has also increased. re so dedicated and creative, they never fail to amaie me. I look forward to reading the AGM report every year and hearing the difference and impact such 3 small organisation makes to so many lives. l am proud to be part of it. A speclal thank you to our advocates who give freely of their time to help the vulnerable adults they are partnered with. We are privileged to know and work with you. It is usual and appropriate - to thank our funders and link officers, we could not exist without your support. My personal thanks as ever to the Board.
Equal Voice Trustees, Annual Report (rortlmKdJ Year ended 31 March 2025 Flnanclal revlew The income received during the year totalled £99,385 which includes £38,928 from the BIG Lottery for the 16-25 year old's advocacy project. With expenditure of £122,540 the charity recorded a defiat forthe year of £23,155 {2024: surplus £14,597). At the 31 March 2025 Equal vol held total funds of £65.905. The total funds held conslsts of £23,578 In restricted funds whlch wlll be spent as specified by the donor5 and £42,327 as free reserves in the unrestricted fund. The trustees, policy is to maintain reserves for three month's core running costs, equlvalentto £18,OCK) in order to meet commitments and to cover any unexpected expenditure. The trustees, annual report was approved on 08 December 2025 and signed on behalf of the board of trustees by: I rustee
Equal Voice Independent Examiner's Report to the Trustees of Equal Voice Year ended 31 March 2025 I report to the trustees on my examination of the financial staternents of Equal Voice {'the charity,) for the year ended 31 March 2025. Re5ponsibllitiesand basis of report As the trustees of the charlty, you are responsible for the prep3ratSon of the financlal statement5 in accordance with the requirements of the Charities and Trustee Investment Iscotlandl Act 2005 (the '2iJ)5 Act'l and the CharitiesAccounts (Scotlandl Regulations 2006 las arnendedl. You are satisfied that your charity is not required by charity law to be audited and have chosen instead to have an indppendent examinatinn. I report in respect of my examination of the charity's financial statements as carried out under section 44{11{c} of the 2CA)5 Act. In carrying out my examination I have followed the requirements of Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 las amended}. Independent examlner's statement Slnce the charity has prepared ils accounts on an accruals basls your examiner must be a member of a body listed in Regulation 11{2) of the Charities Accounts Iscotlandl Regulations 2006 las amended). I can conflrm that l am quallfied to undertake the examinatfon because l am a registered member of the Assoclatton of Chartered Certlfied Accountants whlch Is one of the Ilsted bodie5. I have completed my examlnat5on. I confirm that no matters have come to my attentlon giving me cause to believe that in any material respect: accountlng records were not kept as requlred by sectlon 44111(a} of the 2005 Act and Regulation 4 of the Charities Accounts (5cotlandl Regulations 2006 (as amended),. or the financlal statements do not accord wlth those records. or the financlal statements do not comply wlth the accountfng requlrements of Regulatlon 8 of the Charitie5 Accounts (Scotlandl Regulation5 20J6 (as amended). I have no concerns and have come across no other matters In connertlon with the examinatlon to which attentron should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 08 December 2025
Equal Voice Statement of Financial Activities Year ended 31 March 2025 2025 Restricted funds Total funds Total funds 2024 U nrestricted funds Nots Income and endowments Donations and legacies 60,457 38,928 99,385 118,454 Total income 60,457 38,928 99,385 118,454 Expenditure Expenditure on charitable activities 46,958 75,582 122,540 103,857 Total expendlture 46,958 75,582 122,540 103.857 Net (expendlture)/income and net movement In funds 13,499 136,654) {23,155} 14,597 Reconciliation of funds Total funds brought forward 28,828 60,232 89,060 74,463 Total funds carried forward 42,327 23,578 65,905 89,060 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 7 to 12 form part of these finala1 statements.
Equal Voice ststement of Financial Position 31 March 2025 2025 2024 Current assets Cash at bank and In hand 66,994 90,181 Creditor5: amounts falllng due within one year li 1,089 1,121 Net current assets 65,905 89,060 Total assets less current Ilabllltles 65,905 89.060 Net assets 65,905 89,060 Funds of the charlty Restricted funds Unrestricted funds 23,578 42,327 60,232 28,828 Total charlty funds 65,905 89,060 These financial statements were approved by the board of trustees and authorised for issue on 08 December 2025, and are signed on behalf of the board by: Chairperson} Trustee The notes on pages 7 to 121<rn) part of these flTr•ndal staternents.
Equal Voice Notes to the Finanaal Statements Year ended 31 March 2025 General infomiation The charity is a public benefit entity and 2 regifjtered charity in Scotland and is unincorporated. The address of the principal office is Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of Recommended Practice applicable to thariti86 preparing th•ir account5 in accordance with the Flnanclal Reportln8 Standard appllcable In the UK and Republlc of Ireland (FRS 102} (Charities SORP IFRS 10211 and the Charities and Trustee Investment (Scotland) Act 2005 and the Charlty Accounts (Scotlandl Regulations 2006 las amended). Accountlng pollcles Basls of preparat5on The financlal statements have been prepared on the historical cost bas15. 35 modifled by the revaluation of certain financial assets and liabilitles and investment propertles measured at falr value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. Golng concern There are no materlal uncertaintle5 about the charlty's abillty to continue. Judgements and key sources of e5tlmatlon uncertalnty The preparation of the financial statements require5 management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors. IncludSng expectations of future events that are believed to be reasonable under the circumstances. Fund accounting Unrestricted funds are available for use at the dlscretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or throu8h the terms of an appeal, and fall into one of two sub-classes.. restricted income funds or endowment funds.
Equal Voice Notes to the Financial Statements (coJ¥tlmiedJ Year ended 31 March 2025 Accounting pollcles (¢ondnuedJ Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: income from donations or grants is recognised when there is evidence of entitlemfjntto the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably. in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirementfor itto be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VATwhich cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: expenditure on raising funds includes the costs of all fundraising activities, events, non- charitable trading 3Ctivitie5, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct Costs attributable to a single activity are allocated directlyto thatactivity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Equal Voice Notes to the Financial Statements 1¢0otinuedJ Year ended 31 March 2025 Accounting policies fcontinued) Financial instruments The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured atthe carryingvalue plus accrued interest less repayments. The financing charge to expenditure is at a constant rate calculated using the effective interest method. Defined contrlbution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. Donations and legacies Unrestricted Funds Restricted Total Funds Funds 2025 Donations Donations Grants The Big Lottery Fund Fife Health & Social Care Partnership Fife Voluntary Action The Robertson Trust 38,928 38,928 48,457 48,457 12,000 12,000 60,457 38,928 99,385 Unrestricted Funds Restricted Total Funds Funds 2024 Donatlons Donations 781 781 Grants The Big Lottery Fund Fife Health & Social Care Partnership Fife Voluntary Action The Robertson Trust 40,027 40,027 37,854 39,792 37,854 39,792 38,635 79,819 118,454
Equal Voice Notes to the Financial Statements Icothynuedj Year ended 31 March 2025 Expenditure on charitable activities by fund type Unrestricted Funds Restrirted Total Funds Funds 2025 Support costs 46,958 75,582 122,540 Unrestricted Funds Restricted Total Funds Funds 2024 Support costs 25,552 78,305 103,857 Expenditure on charitable activlties by actlvlty type Total funds 2025 Total fund 2024 Support costs Charitable activities Governance costs 118,680 3,860 118,680 3,860 99,316 4,541 122,540 122,540 103,857 Analysls of support costs Analysis of support costs Total 2025 Total 2024 Staff costs Premises Communications and IT General office Governance costs 88,498 5,622 3,582 20,978 3,860 88,498 5,622 3,582 20,978 3,860 72,728 5,347 3,942 19,299 4,541 122,540 122,540 105,857 Independent examlnation fees 2025 2024 Fees payable to the independent examiner for: Independent examination of the financial statements Other assurance services Other financial services 595 2,924 202 569 2,199 172 3.721 2,940 io
Equal Voice Notes to the Financial Statements ic01Mied) Year ended 31 March 2025 Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows: 2025 2024 Wages and salaries Employer contributions to pension plans 85,033 3,465 66,961 3,767 88,498 70,728 The average head count of employees during the year was 512024: 51. No employee received employee benefits of more than £60,000 during the year {2024: Nil}. 10. Trustee remuneration and expenses During the year no remuneration or other benefitsfrom employmentwith the charity or a related entity were received by the trustees. 11. Creditors: amounts falling due within one year 2025 2024 Accruals and deferred income Other creditors 600 489 575 546 1,089 1,121 12. Penslons and other post retlrement benefits Defined contribution plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £3,465 (2024: £3,767). li
Equal Voice Notes to the Financial Statements Icontinuedj Year ended 31 March 202S 13. Analysis of charitable funds Unrestrirted funds At Income Expenditure 31 Mar 2025 At l Apr 2024 General funds 28,828 60,457 {46,958) 42.327 At Income Expenditure 31 Mar 2024 At l Apr 2023 General funds 15,745 38,635 {25,5521 28,828 Restrlrted funds At Income Expenditure 31 Mar 2025 At l Apr 2024 Advocates 16-25 year 60,232 38,928 {75,5821 23,578 At Income Expenditure 31 Mar 2024 At l Apr 2023 Advocates 16-25 year 58,718 79,819 (78,305} 60,232 14. Analysis of net assets between funds Unrestricted Funds Restritted Total Funds Funds 2025 Current assets Creditors less than I year 42,327 24,667 11,089) 66,994 11,089) Net assets 42,327 23,578 65,905 Unrestricted Funds Restricted Total Funds Funds 2024 Current assets Creditors less than l year 28,828 61,353 {1,1211 90,181 {1,121} Net assets 28,828 60,232 89,060 12