## **WEBALE (SCIO)** ## **SC044292** **TRUSTEES ’ANNUAL REPORT AND ACCOUNTS** **FOR YEAR TO 31[st] March 2025** 1 WEBALE (SCIO), SC044292 Pg 2 WEBALE (SCIO) TRUSTEES ANNUAL REPORT AND ACCOUNTS YEAR ENDED 31[st] MARCH 2025 - 1) LEGAL AND ADMINISTRATION ARRANGEMENTS The Charity is a Scottish Charitable Incorporated Organisation (a SCIO). It was registered on 2[nd] October 2013. The Trustees are to apply the Income and Capital in their uncontrolled discretion to meet the purposes of the organisation The organisation is established for; - Purposes: The prevention or relief of poverty, The advancement of education, The relief of those in need by reason of age, ill health, disability, financial hardship or other disadvantage - Beneficiaries: Children / young people, older people, People with disabilities or health problems, Other charities / voluntary bodies - Activities: It makes grants, donations, loans, gifts, or pensions to individuals, it makes grants, donations, or gifts to organisations, and it carries out activities or services itself. The Trustees may also make donations and transfers to any other organisation, trust, body or foundation which has charitable status. The Trustees were appointed 2[nd] October 2013 and as at 31[st] March 2025 were None of the Trustees received any remuneration during the period ending 31[st] March 2025, nor in the period ending 31[st] March 2024. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The SCIO is controlled by its constitution. ## Recruitment and appointment of new trustees - New Trustees are put forward by the members of the charity for election. - Policies and procedures are adopted for the induction and training of new trustees. - Training and relevant information on WEBALE (SCIO) is given to new trustees. 2 WEBALE (SCIO), SC044292 ## Reserves Policy The trustees ’policy is to retain 3 months ’worth of normal running costs in order to meet commitments and to cover any unexpected expenditure. Three months expenditure stands at £164 and reserves are at £2,807. The trustees believe that this is still in an acceptable range but will continue to monitor the position. ## Policy and Governance Introduction As the charity has developed, they have continued to create and improve all their processes, policies, and governance. The policies and processes are held, managed, and updated by the trustees of WEBALE (SCIO). ## Organisational structure and how decisions are made The board of trustees met on a regular basis. The trustees meet to discuss key matters such as at the AGM and to review annual accounts. The Board has a Chairman who provides updates to the Board on the general running of the Charity. ## ACTIVITIES AND ACHIEVEMENTS The Trustees of Webale have continued their fundraising efforts to help meet its aims and purposes. ## PLANS FOR FUTURE PERIOD The trustees are currently considering the future of the charity, including the possibility of winding up due to limited fundraising activity in recent years. No formal decision has been made, and the trustees will review the position during the coming year. 3 WEBALE (SCIO), SC044292 2) FINANCL4L REPORT Dilling tbe year, tbe Tii]st had all income of NIL and the costs incurred were £3,265 leaving a deficit of £3,265 wbicb was taken to the Reserve Account. Tbe deficit will be monitored in the C￿Tellt year, and actions will be taken to develop the situation back into a surylus as in previous years. The chaiity has income below £250,000 and as siich is eligible to prepare its accol￿tS on a Receipts alld Pairyllents Basis. The governillg document does not i'equire the chai'ity to prepare fiilly accnied accollllts and neither does it requiie an aiidit. As we have adopted tbe Receipts ￿]d Payllients basis the othei Assets are shown as a separate list. 3) TRUST AGENrs B￿]kerS.. TSB, Uddlligston Appi"oved by the Tn￿teeS and signed oll their belialf. lia11￿￿] - 0811212025 WEBALE (SCIO), SC044292 WEBALE (SCIO) STATEMENT OF RECEIPTS & PAYMENTS ACCOUNT FOR YEAR TO 31st MARCH 2025 2025 Unrestricted 2024 Unrestricted RECEIPTS Dollations Sliop Sales SAC Total receipts PAYMENTS Accountallcy 240 240 U8aiida & Callibodia Expenses 3,00_5 4.057 Total payments £3,245 £4,297 Suwlus (Deficit) for tbe ye￿. tralls. to Reserve Accoullt All fi]llds are illlrestricted. Appi'oved by the Tnistees and si￿]ed oil theii belialf. Cliaiiiiiaii 081121202$ WEBALE (SCIO), SC044292 WEBALE (SCIO) STATEMEl+tr OF BALANCES AS AT 3 1st MARCH 2025 2025 2024 Unrestiicted Unrestsicted Ballk alld cash ill hand Opeiiing balances Surpliis / (deficit) for year Closing balances 6,072 10,369 Reserves Initial Cash Fund Reserves Closing Balances 6.072 10,369 List of Other Assets No other assets Thei'e were no liabilities or colltillgenl liabilities at tbe year elld. All fi]llds are illlrestricted. Appi'oved by the T￿￿teeS and si￿]ed on tbell" belialf bairman 08/1212025 WEBALE (SCIO), SC044292 Independent Examiner's Report to WEBALE (SCIO). SC044292 For year to 31" March 2025. I report on the finallcial statements of the charity for the period ended 31° m￿'ch 2025, which are set out on pages 4 to 7. Respective responsibilities of Trustees and Examiner The charity's trnstees are respoiisible for the pi'eparatioll of the accoi]nts in accordance with the terjns of tbe Ch￿ItIeS alld Trustee Investnient (Scotlalld) Act 2005 ('*he 2005 Act") alld tbe c￿￿.1t1eS Accoullts (Scotlaiid) Re￿llatIOns 2006 (as amended) ("the 2006 Re￿lIatiOns,). The charity's trnstees consider that the audit iequiremellt of Regulatioll l O(l)(d) of the 2006 Re￿￿atiOnS does not apply. It is ￿Y respollsibility to examille the accoullts as requited l￿der section (44)(1)(c) of the 2005 Act and to state whetber particiilar matters have come to my attention. Basis of independent ex&iminer's statement My exalliination is can'ied oiit in acco1'd￿1ce with Re￿lIatIOn I l of the Charities Accounts (SCotI￿]d) Regiilations 2006. An exainination iiicliides a review of tlie accoimtiiig recoi'ds kept by tlie charity aiid a coniparisoll of the accoiints preseiited with those records. It also incliides coiisideration of any i]niisiial iteins or disclosiwes in the accounts alld seeks explanations froill the tiiistees concenillig ally siich illatters. The procedures undeitakeii do iiot piovide all the evidence that woiild be ieqiiired lll an aiidit and, coilsequelltly, I do not express all audit Opillioll Oll Ihe accoullts. Independent examiner's statement In the coiwse of my exajnlliation, no matter has come to illy attention. wliicb gives ll]e i"easoiiable cause to believe that in any inatei.ial respect the require]]ieiits: to keep accowitiiig recoi'ds ill accordallce with sectioii 44(1) (a) of tlie 2005 Act alld Regulatloll 4 of the 2006 AccOl￿tS Regulatioiis, aiid to prepare accounts which accord with the accoimting records and coniply with Regulation 9 of the 2006 Accounts Re￿lIatiOnS have not been ￿et, or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accoullts to be Teached. WEBALE (SCIO), SC044292 08/12/2025 ## **Notes to the accounts - for the year ended 31[st] March 2025** ## 1. Basis of accounting These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended) ## 2. Nature and purpose of funds Unrestricted funds are those that may be used at the discretion of the trustees in furtherance of the objects of the charity. The trustees maintain a single unrestricted fund for the day-to-day running of the club. Restricted funds may only be used for specific purposes. Restrictions arise when specified by the donor or when funds are raised for specific purposes. ## 3. Related party transactions No remuneration was paid to the trustees or any connected persons during the year ## 4. Donations No donations were received during the year. ## 5. Grants Received No grants were received during the financial period. ## 6. Cost of charitable activities No charitable activities were paid during the financial period. ## 7. Governance costs There is an outstanding accrual for £240 for Accountancy services for the Independent review of the Accounts. During the year, a historical cash balance of £20 from prior years was written off. This has been reflected in the movement on reserves. 8 WEBALE (SCIO), SC044292