The Friends of Edinburgh Prison Financial Statements For the period ended 31 March 2022 The Friends of Edinburgh Prison Scottish Charitable Incorporated Organisation Scottish Charity Number SC040582
Conlents Trustees Report & statement of Trustees Responsibilities Independent Examinerfs Report ReIP1S and Payment account Statement of Balances Notes to the Accounts Page 3&4 Bankers Bank of Scotland 206 St John's Road Edinburgh EH12 8SH Prlncipal Office Tea Bar HM Prison Edinburgh 33 Stenhouse Road Edinburgh EH113LN
Trustsès Report for the period ended 31 March 2022. The Trustees have pleasure in presenting their report for the period ended 31 March 2022. SlructuTr Governance & Management The Friends of Edinburgh Prison {"FOEP'} is constituted as a Scottish Charitable Incorporated Organisation ("SCIO"). The members 8le¢t a management committee consisting of 9 Trustees from within the membership. Several Trustee meetings are h61d each year in order to make policy and funding decisions and also to review financial information. Objectlves FOEP'S obJectiv8 is to provide a volunteer tea bar and refreshmerrt servl¢e during visiting hours in Saughton Prison Edinburgh and gift the tea bar surplus to prison related charities and charities aimed at the relief of povèrty within our communities. Achievements, Perfomiance during period ended 31 March 2022 FOEPwas unabletotrade during the period ended 31 March 2022 dueto the global pandemiG. A loss of £1,470 was generated, leaving unrestricted funds of £4,201 held at the end of the year. Charitable donations made during the penod are detailed in note 3 of the accounts. Risk Management There are no risk management issues to report. Investment Powers All funds are held in a Bank of Scotland Current account. No other assets are owned by FOEP. Reserv8S Reserves sufficient to sustain trading operations are maintained at all times. To the extent possible, surplus funds are gifted to Charities falling within the criteria stated in the Constitution.
Statement of Trustaes Responsibilltles The law applicable to Charities in Scotland requires the Trustees to prepare Financial Statements for each financial year, which give a true and fair view of the state of the charrty's affairs and of the surplus or deficit for the year. In preparing those financial ststements, the Trustees are required to'.- select suitable accounting policies and apply them consistently; make judgements and estimates that are reasonable and prudent,. state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements-, and prepare the financial statements on the going conrn basis unless it is inappropriate to assume that the charity will continue in operation. The Trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy al any time the financial position of the Charity and to enable them lo ensure that the financial statements conform with The Law Reform {Miscellaneous Provisions) {Scotlandl Act 1990 and the Charities Accounts (Scotlandl Regulations 2006. They are also responsible for taking such steps as are reasonably open to them to safeguard the assets of the Charity and for the prevention and delection of fraud and other irregularities. The Trustees confimi that all the above requirements have been mel. By Order of the Trustees 29 August 2022
Independent Examiner's Report to tha Trustees of The Friends of Edlnburgh Prison I report on the accounts of the charity for the year ended 31 March 2022 which are set out on pages 6 10 7. Re$pectlvÈ Responsibilities of Trustees and Examiner The charity's trustees are responsible for the preparation of the accounts in accordance with the temis of the Charities and Trustee Investment (Scotland) 2005 Act and the Charities Accounts {Scotland) Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10(1} Id) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44{1) (c) of Ihe Act and to state whether particular matters have come to my attention. Basis of Independent Examlnerfs Statement My examination is 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 wmparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audrt and, consequently. I do not express an audit opinion on the accounts. Independent Examln6rfs Statement In the course of my examination, no matter has come to my attention which gFves me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance with section 44{11 la) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and to prepare accounts which accord wrth the accounting records and comply with Regulation 9 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 lo be reached. 29 August 2022
The Friends of Edinburgh Prlson Receipts and Payments Account Year ended 31 March 2022 Unresirfcted Funds Total 2022 Total 2021 Roceipts Tea bar sales Donations Total receipts Payments Tea bar purchases Packaging Travel Entertaining and gifts Cleaning Postage, stationery & printing Insurance R&R Other Expenses 68g 689 Payments for charitable activitiOS Donations 5,000 Govemance co$ts: Independent Examinerfs fees VAT liability payments 1,764 1,764 294 1,470 1.470 1,764 896 2,660 1,470 Total payments (Deflcltl Surplu8 for year 1,470 8,349 All fvnds are unrestricted
The Friends of Edinburgh Prlson Statement of Balances Year ended 31 March 2022 Unrestricted Funds Total 2022 Total 2021 Cash Funds Cash and bank balances at start of year Surpluslldeficiti Cash and bank balances al end of year 5,671 5,671 1,470 14,143 8,472 4,201 Fund to which asset belongs Market Valuatlon 2022 Market Valuation 2021 Investments Fund to whlch asset belongg Net Book Value 2022 Ngt Book Value 2021 Cost 2022 Other assets Fixtures & Fittings Unrestrioted Unrestricted Funds Totsl 2022 Total 2021 Debtors Unreslricled Fund to whl¢h Amount due 2022 belongs Amount due Totsl Llablllties VAT Liability Credrtors Unrestricted 1,031 147 1,178 147 147 The notes on page 8 form part of these financial statements All funds are unrestricted. ned on their behalf on 29 August 2022.
Notes to the Financial Statements forperi(Kl ended 31 March 2022 Accounting Policies Basis of Accounting The accounts have been prepared using historic cost accounting principles on a receipts and payments basis and are in accordance with thelerms ofthe Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts {SGotland} Regulations 2006. The °Charities Statement of Recommended Practi. has been applied. Income and Expenditure Income and expenditure includes VAT in these accounts. Accumulated Fund There are no restrictions on any of the funds held. Donations, legacies and similar incomlng resources Donations of £0 were received during the period covered in these accourrts from the charity's charity Can. Travel and Other Costs These costs include travel costs of the volunteers serving at the tea bar and minor routine expenses incurred in the ongoing management of the charity, including cleaning materials, postage, photocopying and stationery. Fixed Assets Fixed Asset purchases are fully expensed in the year of purchase. Payments to Trustees Tnjstees receive no remuneration. From time to time, Truslees incur out of pocket expenses on behalf of FOEP. There was no amounts paid to Trustees in the period ended 31 March 2022. Donatlons and Grants During the period ended 31 March 2022, no donations were made. Governance Costs Accountancy Costs of £1.764 payable to Facts & Figures (Scotland) Ltd were incurred during the period ended 31 March 2022 for annual accounting preparation and quarterly VAT complian.