The Macmillan Gift Shop Association Scottlsh Charlty Reglster Number SC0402013 Flnanclal Report for the Year 2024 2024 has proved to be another succees story for the Gift Shop. Never did the Committee think at the start of the season we would surpass 2023 figures. But with care and attention to the buying and displaying the stock l am pleased to announce that the Gift Shop ' has done it again,. Many thanks to the continued support from the public, volunteers , staff and Committee members in helping to raise funds for Cornhill Support Group Perth. The tuinover for 2024 was £66,519.08 which is approximately an increase of 1.75% on 2023. An incredible result and well done to all involved. Comments on the Accounts As agreed at the AGM in February 2024 the surplus to be donated to Cornhill Support Group from the trading activities in the Gift Shop was £26,108.59. I donated £15,000. in April 2024 and the balance of the agreed amount,of £11, 108.59 in August 2024. The surplus for 2024 is £29,468.32 which requires to be approved at the AGM for donation to Cornhill Macmillan Support Group. The Flnal Result As Treasurer, my intention after approval at the AGM in February 2025 is to donate £15,000.00 in April 2025 to Cornhill Support Group and the remaining balance of £14,468.32 to be donated as and when the Gift Shop is Benerating sufficient funds to cover the 2025 expenditure. Financiul Reportfor 2024 poge l of 4
The Macmillan Gift Shop Association Scott15h Charlty Reglster Number SCO 40203 Independent Examlner's Report to the Trusiees of the Macrnlllan Gfft Shop Assodatlon I report on the accounts of the Association for the year ended 31 Decernber 2024 which are set oyt on pages 3 and 4 with a Surplus for the Year of E3,359.73. and a Closing Balance of E29,468.32. Respeciive responslblllltles of TIu5tees and Examln The Association Trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Investment I Scotland l Act 21J)5 and the Charities Accounts I Scotland l Regulations 2Q)6. The Association Trustees consider that the audit requirement of Regulation 10{11 Idl of the Accounts Regulations does not apply. It is my resposibility to examine the accounts as required under Section 44llllcl of the Act and to state whether particular matters have come to mv attention. Independent Éxarnlner'5 Statement In the course of my examination, no matter has corneto my attention. l. Which gives me reasonable ¢au5e to believe that in any material respert the requirements- to keep accounting fecords In accordance with Section 4411) lal of the 2005 Art and Regulation 4 of the 2(K16 regulations. and to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Account5 Regulations have not been met, or 2. To which, in my opinion. attentr.on should be drawn in order to enable a propel understanding of the accounts to be reached. Sign Dote.. Financial Reportfor 2024 7ge 2 of 4
The Macmillan Glft Shop Association Scottlsh Charlty Reglster number SCO 40203 General Account Recelpts Activitiesfor roisingfunds.- Gift Shop Sales Bank Interest Miscellaneous Income Total Income 2024 2023 66.519.08 64,862.65 249.32 259.00 65370.97 0.00 66,519.08 Cost of Generatlng Funds: Gifts Cards Drinks & Ices Jams Wages &NI 19,598.87 1,869.13 6,713.26 2,975.20 4.289.49 35,445.95 22.294.39 1.466.33 7.170.59 2,493.38 4,312.99 37,737.68 Adminlstratlon EKpenses: AGM Expenses Sundry Expenses.. Post & Stationery: Insurance.. Credit Card Charges.. Transfer to Coffee Shop 233.13 115.41 185.52 171.81 556.97 699.30 503.86 663.51 1,604.81 1.524.70 Total Payments 37.050.76 39,262.38 Surplus from the Year Artlvlty 29,468.32 26.108.59 Grants pald from the prevlous year acll¥lty Cornhlll Macmlllan Support Group 26,108.59 27.618.86 Surplu5 1 (Deficlt) for the Year 3.359.73 (1,510.27) Finoncial Reportfor 2024 Poge 3 of 4
The Macmlllan Glt Shop Association Scottlsh Charlty Rezlster number SCO 40203 Statement of Balances 2024 2023 General Account Openin9 balances lstjonuary Treasurer Account Savings Account 26,108.59 7,618.86 20,000.00 27.618.86 26,108.59 Income for the Year ExpenditUTe for Year Surplus I (Deflcltl for the Year 66.519.08 63, 159.35 3.359.73 65,370.97 66,881.24 11,510.27) Balance at year end 29.468.32 26,108.59 Closing balance at 31 tCernber Treasurer Account SavlD85 Account 29.468.32 26,108.59 29,468.32 26.108.59 Siock on Hand 1,393.39 1,679.98 Stock {Decrease)Increa5e 1286.591 420.61 Notes to the Accounts No Trustee or person related to a Trustee had any personal interest in any Contract or transaction entered into bv The Association during the Year. Trustees are reirnbursed for any outlays undertaken on behalf of The Association on the production of receipts. The accounts are produced on a ' receipts and purchases basis. Financiol Reportfor 2024 poge 4of 4