2026-02-28-accounts

ltsllan Scotland SCIO Report of the Board and Financlal Statsments For the year end 28 FebnAry 2026 Charity Number: SCI)44660

Italian Scotland SCIO IrKlex to tho Flnanclal Statements For the year end 28 Febrt￿ry 20 Legal and Admlnlstrativo Infornmt Reportolthe Board Report of tho Independent Ey2mlner statement of FHianclal Acfmtles Balance Sheet Notes to the Flnanclal Staternnts

Itallan Scotland SCIO Legal and Admlnlstratlve Inforniatlon For the year end 28 February 2026 80ARD'. David ￿lte Ronnie CC￿very Caroline Pierotti Michela Calragnl Raffaello Gomella REGISTERED OFFICE: 99 Glasgow Road Paisley PA13LY scortlSH CHARrrY NUMBER: SC044660 INDEPENDENT EXAMINEIL. Fiona Strulhers Accountants Plus Certified Chartered AccountaTrt$ 270 Airble8 Road Mothe￿ell ML13AT BANKERS.. Vlrgln Monèy 30 St Vincent P￿e Glasgow G12HL

Itallan Scotland SCIO Rep(vt of the Board For the year end 28 February 2026 The Board present th￿r rewt, tQ3ether Iwth the fir)anrial statements of the charity, for the Year End 28 FebnHry 2026. Thls reFQrt is prepawl Tn wdance the Ststemenl of Recommended Practice (SORP).. Accourrting and reporlng by Charilies (FRs1￿2) aTrJ comple3 valh applicable law. REFERENCE AND ADMINISTRATIVE DETAILS Italian ScolLgnd SCIO wa8 1Th>)rwrated as a Scotbsh ChaiitaNe IrKorFrt)raled Organisalion ISCIOI on 13 Fe￿ 2014. It twk over the aclivili&s of Comitato th Coordlnamento delle A3$ociazloni Italo-Scou8Si ICO.CA.I.Sl. an urlncryirated organi8ation set up to promote 1181ian h￿, language and ¢it&en8hlp. Upon incorporatlon ofthe charity the 88sets of CO.CA.I.S transferred to Itdi8n So)UaNI SCIO. The Board, who are also charity tnLslee5 for the pwp08es of Ch￿ law, who served thrc4Jghout lh8 porlod arnl up to th8 date of Ihis report are list8J on 1. Particulars of thè prinL?P81 address of the thanty and details of rts professh)nd advlsers are alw list&J ¢M page 1. STRUCTURE, GOVERNANCE AND MANAGEIIENT Govemln D￿￿nent The Charity 18 incorporated as a SCIO arKI is goYemgJ by its conststutson whth estat4i8hed the cblects and powers of the ch￿ty. Recruitm and (Mntment of TnJstees A person will tN)t be elg￿1@ for el￿tiOn or appointm￿tt to th8 Board unless they are a ff￿mber of th8 Organls8110n. A person not be eligible for el8Ctk)n app(xrrtment to the Board Wlhey we: Di8qualkfied from being a chty tr￿8 urtsjer th8 Chwiti88 a￿1 Trustae IrNestment (Scoti8ndl Act 2005" An employee of the Bureau. At each Annual General MeetiTrJ. the members may 818d any memberto be a chaiity trustee. The Board may at any time appc4nt any member to be a chity Irustse. At each Annual ￿neral MeetirYJ. 811 of the charity trustees must rétirè from office bul may Ihen be re-elected. anisa The Board who hdd regular me8tings gener81ty (x)rrtrol Ihe xtNlttes of tr Charity. The mlnimum number of Board members ttyee and the maximum is five. Risk Asses$ment The Board has considered the major risks to w￿ch the tharity is exposéd and has revithved tMJ58 risks and established systems and procedures to manage dNise ri&k8. A forn￿1 reviww of the Gharitys risk management process8s is undertaken on an amual basis. OBJECTIVES AND ACTivmES Charitable To prtsmole Italian heritage, language crtttvn5hip arwj to ¥Lltk togets to enhance the ststus and sta￿1ng of th8 Italians in Scthland and tQ 9￿)eralY cary Cfi fAxh activities as wll ￿ad to a better uThJgrstanding between It￿Y and &oll￿d. ACtI￿lieS The charity (Xjordlnatss a calernlai of thitses have the alms (rf kyomoting Italian heritage, language aMI alrzenship. We also communicate ouractivi1￿$ arKJ other events via ￿jrel￿trC￿￿ newsldter and webslte lo as wide an audience as posslt4e that interested in Italk4n culture.

Itallan Scotland SCIO Report of the Board For the year end 28 February 2026 ACHIEVEMENTS AND PERFORMANCE The Chartty cc¥nmunic2le8 reguL8rfy by Emall. Fa(bocl(. Instagram aThl X {fomerty Ty￿tter) and through our website to irrteie8ted parties. FINANCIAL REVIEW AND RESERVES POLICY Total irKoming res0w￿ were £22,780 compared with £16.198 2025. T¢)tal resources expen(kd WEre £18,623 (vmpared ￿ £9,336 In 2025. There were net irKoming reSoLT￿5 of £4,157 this yèar ccthpared net Irts)ming resouff8 of £6,862 In 2025. Reserves Poll The Board has 8xamin8d the Charity's r8quir8menis reserves in light of the main risks to the tharity. It has astabllshed a p(￿1¢Y whereby the unrestrkted funds shoukl be hdd at a level equivalent to 6 months of the general experKlrture. The ￿ServeS are needed lo meet the ￿￿￿ing ca￿ts1 requrements of the charity and th Board are ¢onfldent that at tlis level they W￿k1 be able to Cc￿lInue the cwrent acliviiies of the charity in th& event of a significant d￿P in fiJndI￿j or unexpected Increase in exwdl￿re. FLrruRE PLANS itsllan Scotland has planned to reorganize next year some of the most popular events such as the Annual Lunch In May, Festa Itallano In September ar￿ Festa della Befono in January. STATEMEKf OF TRusfEES' RESPONSIBILMES Th8 truste85 are reSt￿sible for pr8pariry th8 Trustees. Annual Report and the financkgl statements In coryJanL Wth appI￿able law and Unlted Kkng(bm Accwnting stand￿ (United lfjngdom Generalty Accepted Accounting Practice). The law applic￿￿ to tharities in ScrtlarKI requlres the Iruslees to prewe financtal statements for each financial yearvthich give a true and I￿"r wew of the State of affairs of the charity aThY of Iho incoming resources and application of rgsowces ofthe charity for that p¥ic¥J. In preping these fknancial statements. th& Iru8te8s are required to: Se￿Ct sults￿e accounting pol￿ then apply eonsist8ntty.' observe the methods and pri￿lpleS in the Charilies SORP: makejudgemonls aThJ estimates that we reawnable aKI prudènL stsle whethw ap￿Kable acco￿ling staTrJard5 have been folbwed. subject to any material departures disclosed an(t eXplai￿d n ￿ fin￿￿la1 statements" prepare the finan(ial statements on the go4ro cc#Kem b88is unle88 it 18 inappropriate to presume that the ch*lty WNI C￿11)ue (n o&Hath￿. The trustees we re5portsible for keeping PToper accounting reox)rd8 that disdo8e with reasonab￿ accuracy at any time the finan￿al pOsit￿n of th8 clwrity th enable them to er￿Ure that the financial Statements comp with the Charlties arKI Trustee Investment {Scotia7dl Act 21J)5, th& Charities Accounts (Scotlandl Regulations 2CQ6 (as ar￿end￿lI arKI the prO￿810￿S ofthe ch8rity'8 constitution. Tlw are also responsible ts safeguarding the assets of the charty hence for taking reasonab￿ steps for the pmention and datection of frajd and other irwulwities. Thi8 reFort was 8pwoved by the Board on 1210512026 signed on their behalf ty. MIGhela Calcagnl Trustee

Itallan Scotland SCIO Report of the Independent Examlner to the Board of Italian Scotland SCIO l ￿P)rt cn the aco)ur ofthe ch￿ty kirth8 year erKI 28 Fe￿ 2026 wtmch are set out on pages 5 to 8. Respectlv¢ r¢spMslbllhles of In￿te88 and examlner The charity's trustees are reS{￿s1b1e for the wepar8tlon of the ac£ounts ￿1 xcordm vAth thè terms of the Charit168 and Trustees Investment (Scoland) Ad 2CrfJS and thè Charitss Actounls {Scoland) RegulatK)n$ 2006 las amended). The ch￿lty trustees c(mid8r that the audrt requirement of Regulation 10111 lal to IGI of the Accounts Regulation$ does not apFty. It i8 my reSp￿&￿Ilty to examine the acccAJnts as requlred urn1er seCtic￿ 44111 Ic} of the Act to stale wt)ether partic￿ar matters have ¢¢Jme to my attenlion. BasL8 of independenl examlne¢s statement My examination is Carri￿ out in aceordarte vAth RegUlat￿n 11 of the Ch&rts Aceounts {ScotLgndl Regulations 2006 (as amended). An examinatK)n inclu(s a rpvlew of the accounling records k&pl by the charity and a COmF￿r[son of tre accounts p￿ented with those re(x)rdg. It d80 includes consKleration of any unusual Items or disclosures in the accounts. and s88ks explanations fr(Kn the trustees conceming any such Ma￿erS. The pro￿duleS undertaken th not provide all the evid￿ Umt be required in an aLKlit, and consequenuy I do rM)t express an audit opinion on ts view g￿en tw the ￿￿￿nts. Independènt èx8mlneV8 Statement In the cours8 of my 8xaminaion. no Matt￿ come to my attentkrt) 1. give8 me rea8on&)le caw io ￿loVe that in w)y mrial resp&t the requirement&. to keep acctxmting records in accordance *ith Saction 44111 (a) of the 2005 AL# Regulation 4 of the 21]06 Accwnts Regulations las amerKl&ll, and lo prepare accounts whth accord %Mih the acowntiThJ re¢ord$ compty wlh Re￿￿9￿on 8 ofthe 201 Accounts ReguLsilons (as amended) have Th)t been met. 2. tOWh￿h, in my opinion, attentton shoLld drawn in ordwto en8b18 a prop8r und8rstarxling ofthe accounts to be reached. F￿na &ruthers CA Accountsnls Plus C8rtffied Charter&J Awomtant$ 270 Airbles Road Motherwell ML13AT - IiÈh fy4 2026

Italian Scotland SCIO Statement of Financlal Actlvitles For tho year end 28 February 2026 Unrestricted Funds 28.02.26 Restrfcted Funds 28.02.26 Notes Incom? and endowments from: DOna￿on$ Charltable aetlvltles Interest received Fundraislng Arandora Star 85th Annlversary 3.749 3.051 13 10,967 5,000 Total Incomlng rosource8 17.780 5,000 Expèndlturn on: Fundraising Arandora Star 85th AnniverBary Charitable activities 7,857 5.000 5,966 Total rnsource8 expended 13.823 5.000 Nat Incomlng l (outgolng) rnsour¢o# 4.157 Total funds brought fopward 22.590 Total fund8 carrled forward 26.747 The note¥ on F¢ge$ 7 &8 fomi part of Ihese finandal statements

Italian Scotland SCIO Balance Sheet AS at 28 FebNary 2026 A8at 2&1Y126 28.0125 CURRENT ASSETS: Cash at bank aThJ in hand 27.467 23,250 CREDITORS: Amountsfalllng duo Tthithin ono y Accnjed charges 1720) 16601 NET ASS￿5 28.747 22,5 FUNDS Unrestrfth knd5 26.747 22,5W) 26.747 22,590 The financial statements were approved by Ihe Board 1210512026 and siwwj m their bthalf by.. Mlchela Calcagnl dLI Trustsè Th8 notss on page 7 & 8 fcym pwt of the88 financi￿ statements

Itallan Scotland SCIO Notes to the Flnanclal Statements For the year end 28 February 2026 1. ACCOUNTING POUCIES Bas18 of accountlng The finaThial 8tatsments have been prepared in aCt￿￿r￿e with 4￿l￿a￿le acBDUntwig s￿nd￿d8, the Charltle5 A¢¢ounl$ (Swyandl Regutation$ 20￿ (as amendgj) and the Statement of Recommended Pract￿ (SORPI Accounttng and reportlng by Chwitles (FRS102). Accounts prepared on a ¢oneAn basis" rm) material urtetsiities ￿$t. Incomlng resour¢es JI income is r8cognrs8d when Ihe charity is ent￿8￿ to th8 income. Expgndlturg All 8xpendthre is irKI￿￿￿j on an wuals ba&s is recognised when there ks a leg81 or con81ructive oljigalion to pay for expenditure. AJI costs have teen dweclly attritxjted to one of the fvjnctional categories of resource8 expended In the Statement of Finana8J A(aivitses. The charty is not regi8tered for VAT and accordingly expendilure is slN)wn indusive of VAT. Fund Accountlng Unrestrlcted fvrNJ8 are available for use at the disc¥81ion of the tnjstees in furtherance of the general ob￿￿tiveS of the charrty. Restricted fvnds are subpGted to restrictKin¥ on their expendrture imFosed by the doncr or through the Iwms of a grant . CHARITABLE ACTivrriES Y8ark¢ Yearto 28.0125 28.0226 770 2.741 902 367 Be￿a Web design Other ¢x)5ts Inde￿nI￿nt examinets f88 1.976 1410 720 5,966 3. BOARD AND RELATED PARTY TRANSACTIONS No member ￿ the Board rece￿￿1 any remuneration durirYJ the year orwere relmbwded any expenses. RESTRICTED FUNDS Funds of £5,0111 w8r8 coll8cW and expens￿1 as part of the AraThJor3 Star M058ic R8novatbn Ftoloct, undertaken by the sU￿r(Alp I.G.I.G.