REGISTERED CHARITY IYUMBER: SC043536
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
FOR
XCEL YOUTH TRUST (SCIO)
JRW Hogg & Thorburn LLP
Chartered Accountants
19 Buccleueh Street
Hawick
Roxburghshire
TD9 OHL

XCEL YOUTH TRUST (SCIO)
CONTENTS OF THE FINANCIAL STATEmE￿s
FOR THE YEAR ENDED 31ST MARCH 2025
Page
Report of the Trustees
Independent Examiner's Report
Slatement of Finaneial Actlvities
BAlance Sheet
Notes to the Fingllcial Statements
7 to 13
Detailed Statement of Financial Activities
14 to 15

XCEL YOUTH TRUST (SCIO)
REPORT OF THE TRUSTEES
FOR THF. YEAR ENDED 31ST MARCH 2025
The trustees present their reEx)rt with the finan¢ial stst¢m¢nts of the charity for th¢ year ended
3 1st March 2025. The trustees have adoptcd thc provisions of Accoujiting and Reporting by Charities:
Siatement of Recommended Practice applicable lo charitics preparing their accounts in accordance wilh the
Financial Rep)rting Sldndard applicable in the UK and Republic of Ireland (FRS 102) (effeclive l January
20I9)-
OBJECTIVES A￿ry) ACTIVITIES
Objectives and aims
Th¢ principal objects of the charity ar¢:_
(i) to provide recreational facilities or organise recreationaj activities for young peopl¢ with the object of
improving the conditions of lit.e and irnpmving the health and ¢ducation (including physi￿1 education) of
the inhabitants of Eskdale and the surrounding ar¢as through, without limitation, the provision of facilities or
aclivities in L4ngholm and the surrounding localities: declaring that no act shall be out-with the scope of
these objects by reason only that persons who ar¢ not inhabilanls of Eskdale and thc surrounding areas rnay
or do b¢ncfit by such a¢t" and
(li) to promote similar charitable purposes. objects or institutions in such proportions and manner as the
trust¢¢s think flt.
ACHIEVEMENTS AND PERFORMANCE
Cbariiable activities
Ov¢r the last year the Trust has continued to develop the Xcel Youth Centre. After compleling the reception
arca and kitchen last year work has been ongoing on the two rooms upslairs with the aim of crealing the Xcel
Digilal Hub.
The main activitics of the Trust are Youth Clubs. Drop In& Breakfast Club, Holiday Programmes (Ea5tcr,
Summer and October) and the ASDAN projcct which is a new piece of work offering young people
accredited learning. In addition to these activities the Trust also offers Xcel Outdoors sessions and Sensory
Room s¢ssions.
The Trust relies on funding from several Charitable Trusls and funding sources for which th¢ Trustees (and
more importantly, the young people of l.angholm and Eskdale) are exlremely grateful. Without this suppo
the Trusts and its activiti¢s and projects would simply not cxist. This was the last year of our funding
agreements with the Nalional Lottery Young Starl and ilic Gannochy Trust and we thank them for the
support over the last few years. OUT funding agreement with the Holywood Trust has another year to run
and we thank them for the ongoing 5UPPOrt. There have also been contributions from UK Youth, Ewes
Church Fellowship, Drove Weaving, Langholm Initiative, SHAP, D&G Council and the WWDN Project
through the Stove Network as well as our own fundraising efforts for 2024125.
FINANCIAL REVIEW
Financial position
Total Incoming Resources decreased during the year by £1,439 from £103,570 to £102,131.
Expenditure decreased by £19,893 from £1 00,619 to £80,726.
Total reserves at 31 sl March 2025 stood at £55,903 of which all rclates to unrestricted funds.
Page I

XCEL YOUTH TRUST (SCIO)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST MARCH 2025
FINANCIAL REVIEW
Reserves policy
The trustees arc awar¢ that is prudent to try to maintain a reserve thdt equates to approximaiely 6 months of
operating expenditure. This reserve is in place to cover for unsuccessful funding applications and in the
worst case scenario closure of the Xcel Youth Trust.
Total reserves on 31st March stood at £55,903. This figure is slightly inflated by an early payment of
£16,285 from the Holywood Trust, w¢ had expected the paym¢nt in April 2025. The Trust has also sel
money aside for th¢ following projects, the X¢el Digital Hub (£3,700), Xccl Outdoors Projcct (£3,465), the
Art Room Developmenl (£2,477) and the Xcel Young Drivers Project (£ I,649). Taking all of those figures
into account that leaves the unrestricted reserves at £28,327 which puls us finnly in line with our Keserves
policy.
FUTURE PLANS
We expect the ncxt year to be another exciting one for the Trust. We will continue to improve and update
the Youth Centrc with ihc crcation of the Xcel Digital Hub and the development of our Art Room.
addition to the changes to the Youth Centre w'e will continue to develop our Xcel Outdoors sile, introduce
our new Young Drivers Project and initiate a rebrand of our Sensory Room,
The existing activities and projects will continue as nornial and we will rcmain flexible in our approach so
we are ready to cater for the ¢ver changing n￿dS of our young people.
STRUCTURE. GOVERNANCE AND MANAGEMEIYT
Governing document
The Xcel Youth Trust was created by a trnst deed on 2nd November 2012. It is a Scottish Charitable
Inc0T￿rated OrganisatAon (SCIO).
Retrnitment and appointment of new trustees
There shall be a minimum of thre¢ trustees of the SCIO. but no maximum. Trustees can k appointed at any
tirn¢. Trustees are ap￿inted on the expertise they can bring to the board.
Truslees shall be appointed for a tern] not exce¢ding four years and qhall be cligible for re-appointrn¢nt for
any number of additional ternis not exce¢din8 four years, subject to the tem]s of thc constitution.
OrgaDisational structure
The struclure of th¢ organisation consists of the truslees, who hold regular meetings, and generally Control
the activities of ihe organisation.
No remuneration is paid to the trustees. The trust employs a full-time prOJ￿t manager, a part-tim¢ activity
woA(er. a part-time project assistant as well as a sessional youth workcr. The tn]st now occupies a Youth
C¢ntre on Henry Stre¢t, Langholm and it runs th¢ majority of its activitics from ihat venue.
REFERENCE AND ADMINISTRATNE DETAILS
Registered Chgrity number
SC043536
Prfneipal address
Xcel Project
41 a Henry Street
Langholm
DG13 OAR
Page 2

XCEL YOUTII TRUST {SCIO)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31sr MARCH 2025
I'ru5tees
Independent Exajniner
JRW Hogg & Thorburn LLP
ChartLTcd Accountants
19 Buccku¢h Strcct
Hawick
Roxburghshirc
TD9 OHL
Approvcd by ordcr of the board of tnL8tees on 4th Septcmh 2025 and signed on its behalf ty.
Page 3

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
XCEL YOUTH TRUST (SCIO)
I r¢port on th¢ accounts for the year ended 31 st March 2025 set out on pages five to thirt.een.
Respeetive responsibilities of trustees 2nd examiner
The charity's trustees arc rcsponsible for ihe pr¢paralion of the accounts in accordanc¢ with the tcrrns of the
Charities and Trustcc Inveslm¢nt (Scotland) Act 2005 and the Charities Account5 (Scotland) Regulations
2006 (as amended). The chaTlty'S trusl¢¢s Consider that the audit requirement of Regulation l O( l )(a) to (c) of
the Accounts Regulations does not apply. Il is my responsibility to examine the accounts as required under
Section 44(1)(c) of the Act and to state whether particular matters have con]e to my attention.
Basis of the independent examiner's report
My examination was carried out in accordancc with Regulation I l of the Charities Accounts (Scotland)
Regulations 2006. An cxamination include5 a rcvicw of the accounling records kept by the charity and
compari8on of the accounls presented with those records. It also includes consideration of any unusual items
or disclosures in the accounts, and seeking explanations from you as trustecs concerning any such matters.
The procedures undertaken do not provide all the evidence thal would be required in an audi( and
consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner's Ststement
In con￿￿tIOn with my examination, no matier has come to my attention .
(l ) which gives me reasonable cause to b¢liev¢ that, in any ]naterial respect, the requirem¢nts
to keep accounling records in accordance with Section 44( l Ka) of the 2005 Act and Regulation 4 of the
2006 Acwunts Regulations. and
to prepare accounls which accord with the accounting records and io comply with Regulation 8 of the
2006 Accounts Regulations
have not been met. or
(2) to which, in my opinion, attention should b¢ drawn in order to enable a proper understanding of the
accounts to be reached.
JRW Hogg & Thorburn LLP
Chartered Accountants
19 Bucclcuch Street
Hawick
Roxburghshire
TD9 OHL
23rd September 2025
Page 4

XCEL YOUTH TRUST (SCIO)
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST MARCH 2025
2025
Total
funds
2024
Total
funds
Unrestricied Restricted
fund
fund
Notes
INCOME AIYD ENDOWMENTS FROM
Donations and Iwcies
74.463
15.000
89,463
92,297
Charitable activities
Youth work
9,237
9,237
7,910
Other trading activitics
3,431
3,431
3.363
Totsl
87,131
15,000
102,131
103.570
EXPENDITURE ON
Charitable activities
Youth work
65.726
I 5,000
80,726
100,6l9
NF.T INCOME
21,405
21,405
2,951
RECONCILIATJON OF FUNDS
Totsl funds brought fonvard
34,498
34.498
31.547
TOTAL FUNDS CARRIED FORWARD
55,903
55,903
34.498
The notes forni part of these financia] statcments
Pag¢ 5

XCEL YOUTH TRUST (SCIO)
BAIANCE SHEET
31ST MARCH 2025
2025
2024
Notes
De￿£
C&sh at bank and in hand
11
l78
56.923
178
35.310
57,101
35,488
Amounts falling within one year
12
(1,198)
(990)
P4ET CURRENT ASSETS
55,903
34.498
55.903
34,498
ET ASSETS
55.903
34.498
14
S5,￿3
34,498
TOTAL FUZ4DS
55,903
34.498
The financial statryiK￿ We￿ approved by the Board of TTU5tc￿ and 8uthorised for issue
4th Scptrml￿y 2025 and were signed on its belmlf by:
Thc notes fonn part of financial statemeiits
Pagc 6

XCEL YOUTH TRUST (SCIO)
NOTES TO THE FINANc￿L STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025
ACCOUNTING POLICIES
Basls of preparlng the flnAncfial ststements
The financial statements of the charity, which is a public benefjt entlty under FRS 102, have been
prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities:
Staternent of Recomrnended Practice applicable to charities preparing their accounts in accordanc¢
with the Financial Reporting StandaTd applicabl¢ in the UK and Rcpublic of Ireland (FRS 102)
(¢ff¢ctiv¢ l January 2019),, Financial Reporting Standard 102 Th¢ Financial Reporting Standard
applicablc in th¢ UK and Republic of Ir¢ldnd' and the Charities and Trustee Inve￿ment (Scotland) Act
2005. The financial statemenls have been prepared under the historical cost convention.
Ineome
All income is recognised in the Statement of Financial Activities oncc the charity has entitlement to
the funds, it is probabl¢ that the income will be received and the atnount can be measured reliably.
Donations and legacies
Donations are recognised when they are received and when any conditions attached thereto hav¢ been
fulfilled.
Grants receivabl¢
Jncolne from gov¢rnm¢nt and other granE whether'capital, or 'r¢v¢nu¢' grants, is recognised when the
charity has entitlemenl to the funds. any performance conditions attsched to the grants have been met,
it is probable that the income will be received and the amount can bc measured reliably and is not
deferred.
Expenditure
Liabilities ar¢ r¢cogniscd as expenditure as soon &8 there is a Icgal or constructive obligation
ommitting the charity to ihat expenditur¢, it is probable that a transfer of economic benefit8 wil I be
required in settlernent and the amount of the obligation can be measured reliably. Expenditure is
accounted for on an accruals basis and has been classified under headings thal aggregate all cost
related to the category. Where costs cannot be directly attributed to particular hcodings they have
been allooated to activities on a basis consistcnt wilh th¢ of r¢sour¢¢s.
Taxatjon
The charity is exempt from tsx on its charithble activities.
Fund attounting
Unrestricted funds can be used in accordance with the charitable objectives at the discr¢tion of thc
trustKs.
Restricted funds can only be used for particular restricted Purposes within the objects of the charity.
Restrictions arise when specified by ihe donor or when funds are raised for particular restricted
purposes.
Furth¢r explanation of the nature and purpose of Cach fund is included in the notcs to the financial
stat¢m¢nls.
Hlre purchase and leaslng commitmenls
Rentsls paid under operating leases are charged to the Statement of Financial Activities on a straight
line basis over the period of the lease.
Page 7
continued...

XCEL YOUTH TRUST (SCIO)
NOTES TO THE FINANCIAL STATEMENTS- CODtinu¢d
FOR THE YEAR El￿ED 31ST MARCH 2025
ACCOUNTING POLICIFS - continued
Pension costs and other post-r¢tirement benefits
The charity operates a defined contribulion p¢nsion scheme. Contributions payable to the charity's
pension scheAne are charged io the Stsiement of Financial Activities in the period to which they
relate.
Financial assets
Basi¢ financial assets, including trad¢ and oth¢r debtOTS and bank balan¢¢& arc initially reCo￿ls¢d at
transaction price.
At the end of each repK)rting ￿rIOd financial assets measured at cost are assessed fnr evidence of
impairnient. Any impaimient loss is recognised in the Statement of Financial Activities.
Financial assets are d¢recognised when the contractual ri￿tS to the cash flows from the asset expire
or are settled.
Financial liabilities
Baslc financial liabilities, Ancluding trade and other creditors, are initially recognis￿ at transaction
price.
Trade creditors are obligations to pay for go(xls or services that have been acquired in the ordinary
course of business from suppliers. These are classed as current liabilities if payment is due within on¢
year or less. If not they are presented as non-current liabilities.
Financial liabilities are derecognised when the liability is ¢xtinguished, that is when the contractual
obligation is discharged, cancelled or expires.
DONATIONS AND LEGACIES
2025
2024
Donations
Grants
6.566
82.897
14.154
78,143
89,463
92,297
Grants received, included in the above, are as follows:
2025
2024
DECBG
Gannochy Trust
The Slove Network
Holywood Trust
D & G Council
National Lottery
C¢rtas
UK Youth Fund
6,078
12,000
9.028
27,700
1,587
15,750
1.000
5,000
I 1,000
2,042
48,855
1,000
15,000
5,000
82.897
78,143
Page 8
¢ontinued...

XCEL YOUTH TRUST (SCIO)
NOTES TO THE FINANCIAL STATEMEIYTS- Continued
FOR THE YEAR EIYDED 31ST MARCH 2025
OTHER TRADING ACTIVITIES
2025
2024
rundraising ev¢nts
Facilities hire
910
2,521
1,413
1,950
3.431
3,363
¥COME FROM CHAIUTABLE ACTlVtTIES
2025
2024
Activity
Youlh work
Youth work
Activities income
Youth club income
6.138
3.099
5,640
2,270
9.237
7.910
CHARITABLE AcfivITIES COSTS
Direct
Costs {se¢
note 6)
Support
¢05ts (see
ote 7)
Totals
Youth work
78.268
2.458
80.726
DIRECT COSTS OF CHIiRITABLE ACTIVITIES
2025
2024
Staff costs
Other operating l¢as¢s
Light and heat
Youth club costs
Trainin8
Sundries
Project equiprn¢nt and clothing
Holiday Programine costs
Pitch and venue hire
Sensory room costs
Building development
Xcel outdoors projecl
Young drivers project
49,386
4,80
1.920
2,660
1,383
2,580
526
7.562
1.058
438
4,438
1,517
47,487
4.325
3,395
2,811
2,018
1.333
10,599
1,230
11,304
10,063
3,014
417
78.268
97.996
Page 9
continued...

XCEL YOUTH TRUST (SCIO)
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST MARCH 2025
SUPPORT COSTS
Governance
costs
Management
Totals
Youth work
.558
900
2,458
Support costs, included in the above, are as follows:
2025
Youth
work
2024
Total
activities
Insurnnce and licensing
Telephone
Payroll procesging
Independent examiners fe¢
788
410
360
900
9l6
393
414
900
2.458
2,623
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or othcr bcncfits for the year ¢nd￿ 31 st March 2025 nor for the
year ended 31 st March 2024.
Trustees, expens
There were no trustees, expenses paid for the year ended 3 1st March 2025 nor for the ycar ended
31st March 2024.
STAFF COSTS
2025
2024
Wages and salaries
Other pension Costs
48,456
930
46,619
868
49.386
47.487
The average monthly number of employees during the year was as follows,.
2025
2024
Proj¢¢t staff
No employees received emoluments in excess of £60,000.
Page 10
continued...

XCEL YOU171 TRUST (SCIO)
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST MARCH 2025
10. COMPAII4TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unr¢strict¢d Restricted
fund
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and l¢gacies
76.547
15,750
92,297
Charitable Aetivities
Youth work
7,910
7,910
Othcr trading activities
3.363
3.363
Total
87,820
15,750
103,570
EXPENDITURE ON
Charitable activities
Youth work
84,869
15,750
100,619
NET INCOME
2,951
2,951
RECONCILL4TtOIY OF FUNDS
Total funds broughi forward
31,547
31,547
TOTAL FUNDS CARRIED
FORWARD
34,498
34.498
I I. DEBTORS: AMOUNTS FALLING DIJE WITHIN ONE YEAR
2025
2024
Other debtors
178
178
Pagell
continued...

XCEL YOUTH TRUST (SCIO)
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST MARCH 2025
12. CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
2025
2024
Other creditors
1,198
990
13. ANALYSIS OF NET ASSETS BETWEEN FUNDS
2025
Total
funds
2024
Total
funds
Unrestricted Restricted
fund
fund
Current assets
Current liabilities
57,101
(1,198)
57.101
(1,198)
35,488
(990)
55,903
55,903
34,498
14. MOVEMEIYT IN FUNDS
Net
ovement
in funds
At
31.3.25
At 1.4.24
UDre8tricted fund8
General fund
34,498
21,405
55.903
TOTAL FUNDS
34,498
21,405
55,903
Net movem¢nt in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
87.131
(65.726)
21,405
Restrlcted funds
National Lottery Community Fund
15,000
(15,000)
TOTAL FUNDS
102.131
(80,726)
21,405
Page 12
ontinued...

XCEL YOUTH TRUST (SCIO)
NOTES TO THE FINANCIAL STATEMENTS- eontlDued
FOR THE YEAR EIYDED 31ST MARCH 2025
14. MOVEMENT IN FUNDS- comtinmed
comparativ￿ for movement in funds
N¢t
movement
in funds
At
31.3.24
At 1.4.23
Unrestrieted funds
General fund
31,547
2,951
34,498
TOTAL FUNDS
31,547
2.951
34,498
Comparative net rnovement in funds. included in the above are as follows:
Incoming
Tesources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
87,820
(84,869)
2,951
Re8tricted funds
National Lottery Community Fund
15.750
(15.750)
TOTAL FUNDS
103.570
(100,619)
2,951
15. RELATED PARTY DISCLOSURES
There were no related paty transactions for the year ended 31 st March 2025.
Page 13