**REGISTERED CHARITY NUMBER: SC046222**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **FOR**
## **CHILDREN'S AID SCOTLAND**
89 Seaward Street Glasgow G41 1HJ
## **CHILDREN'S AID SCOTLAND**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**||6||
|**Notes to the Financial Statements**|7|to|14|
|**Detailed Statement of Financial Activities**||15||
## **CHILDREN'S AID SCOTLAND**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024**
The trustees present their report with the financial statements of the charity for the year to 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The objectives of the charity are to raise funds to donate to local charities and causes specifically aimed at helping children affected by illness, disability, poverty or abuse.
## **Significant activities**
The financial statements reflect the activities of Children's Aid Scotland for the year ended 31 December 2024.
The charity organises and hosts fundraising dinners throughout the year.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
Children's Aid Scotland was able to meet its objectives of providing donations to local charities by raising funds through the organisation and hosting of the following events which were very successful. The gross income received from the events was as follows:
**Month Event Gross Amount** September 2024 Aberdeen Question of Sport £49,505 November 2024 Glasgow Question of Sport £160,705
Sponsorship income of £30,000 received from Flogas Britain Ltd and a donation of £30,000 was received from Macdonald Hotels & Resorts.
## **FINANCIAL REVIEW**
## **Principal funding sources**
Our principal funding source was our main event in Glasgow as noted above.
## **Reserves and going concern policy**
The trustees have agreed to maintain unrestricted reserves at a level that will provide sufficient funds to cover administration and support costs. In the opinion of the trustees this is a minimum of £5,000 which has been met this year. The Board of Trustees have reviewed the likely outcome for the next 12 months and consider the charity to be a going concern as it is in a position to meet its financial liabilities as they fall due and will be able to do so for a period of at least 12 months from the date the financial statements are signed. Overall, the trustees consider the performance of the charity to be satisfactory.
## **TAXATION**
The charity is recognised by HM Revenue & Customs as an approved charity and is not liable to income tax.
## **FUTURE PLANS**
In 2025, we hope to be involved in the Aberdeen Sports Challenge event once again and are running our annual Glasgow Question of Sport Dinner in November as usual.
It is believed Flogas Britain Ltd and Macdonald Hotels & Resorts will continue their support.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is a Scottish Charitable Incorporated Organisation (a SCIO). It was registered in its current legal form on 21 December 2015.
Page 1
## **CHILDREN'S AID SCOTLAND**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Organisational structure**
During 2024 there were no changes to the Board of Trustees. The current structure consists of three trustees. acts as Chairman and as Vice-Chairman. In addition to the trustees, there are thirteen committee members who are actively involved in helping to organise and run the events and who also have voting rights when deciding which charities should receive funding. The charity also has an administrator who deals with the day to day administrative tasks of the charity and who reports directly to the trustees.
## **Induction and training of new trustees**
An induction process and regular communications inform and update both new trustees and existing trustees in respect of the organisation's legal status, constitutional documents and other general information, in addition to a review of the activities within the organisation.
## **Key management remuneration and related parties**
Key management personnel who are responsible for managing and controlling the charity are the trustees. The administrator deals with all the day to day administration.
The trustees do not receive remuneration for their services.
In addition, the Board considers that the charity's related parties are its trustees. There were no related party transactions during the year ended 31 December 2024.
## **Risk management**
The trustees have a duty to review the principal risks and uncertainties that the charity faces and to ensure adequate controls are in place to provide reasonable assurance against fraud and error and, consequently, any potential impact on the charity. The trustees review the risks affecting the charity at trustee meetings and take appropriate action to mitigate any matters arising.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
SC046222
## **Principal address**
4 Norman Macleod Crescent Bearsden Glasgow G61 3BF
## **Trustees**
## **Independent Examiner**
Caledonia House 89 Seaward Street Glasgow G41 1HJ
Page 2
## **CHILDREN'S AID SCOTLAND**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Bankers**
Virgin Money 30 St Vincent Place Glasgow G1 2HL
## **Solicitors**
Caledonian Exchange 19A Canning Street Edinburgh EH3 8HE
Approved by order of the board of trustees on 15 April 2025 and signed on its behalf by:
Page 3
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHILDREN'S AID SCOTLAND**
I report on the accounts for the year ended 31 December 2024 set out on pages five to fourteen.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.
## **Basis of the independent examiner's report**
My examination was 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 comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention :
- (1) which gives me reasonable cause to believe that, in any material respect, the requirements
- to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
- to prepare accounts which accord with the accounting records and to comply with Regulation 8 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 to be reached.
The Institute of Chartered Accountants of Scotland
Armstrong Watson LLP Caledonia House 89 Seaward Street Glasgow G41 1HJ
15 April 2025
Page 4
## **CHILDREN'S AID SCOTLAND**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024**
|**Unrestricted**
**fund**
**Notes**
**£**
**INCOME FROM**
Donations and legacies
2
**80,624**
Other trading activities
3
**222,344**
Investment income
4
**2,646**
**Total**
**305,614**
**EXPENDITURE ON**
Raising funds
5
**81,379**
**Charitable activities**
6
Grants
**221,558**
**Total**
**302,937**
**NET INCOME**
**2,677**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**128,170**
**TOTAL FUNDS CARRIED FORWARD**
**130,847**|**Restricted**
**funds**
**£**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**2024**
**Total**
**funds**
**£**
**80,624**
**222,344**
**2,646**
**305,614**
**81,379**
**221,558**
**302,937**
**2,677**
**128,170**
**130,847**|**2023**
**Total**
**funds**
**£**
40,348
187,598
3,670|
|---|---|---|---|
||||231,616|
||||71,481
108,344|
||||179,825|
||||51,791
76,379|
||||128,170|
The notes form part of these financial statements
Page 5
## **CHILDREN'S AID SCOTLAND**
## **BALANCE SHEET 31 DECEMBER 2024**
|**Notes**
**CURRENT ASSETS**
Debtors
12
Cash at bank
**CREDITORS**
Amounts falling due within one year
13
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
15
Unrestricted funds
**TOTAL FUNDS**|**2024**
**£**
**10,865**
**152,761**
**163,626**
**(32,779)**
**130,847**
**130,847**
**130,847**
**130,847**
**130,847**|**2023**
**£**
7,444
127,886
135,330
(7,160)
128,170
128,170
128,170
128,170
128,170|
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 15 April 2025 and were signed on its behalf by:
The notes form part of these financial statements
Page 6
## **CHILDREN'S AID SCOTLAND**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities and Trustee Investment (Scotland) Act 2005 and the Companies Act 2006.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
The financial statements are presented in Sterling (£).
## **Financial reporting standard 102 - reduced disclosure exemptions**
The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Raising funds**
Raising funds includes all expenditure incurred by the charity to raise funds for its charitable purposes and includes costs of all fundraising activities and events.
## **Charitable activities**
Costs of charitable activities are incurred on the charity's raising funds for childrens' activities, including the support costs and costs relating to the governance of the charity apportioned to charitable activities.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Governance costs**
Consists of the costs of the accounts preparation and other financial services and any expenditure incurred in compliance with the legal requirements of the charity.
## **Allocation and apportionment of costs**
Support costs are those functions that assist the work of the charity but do not undertake charitable activities. Support costs consist of governance costs which support the charity's activities. These costs have been allocated to expenditure on charitable activities.
## **Taxation**
The charity is exempt from tax on its charitable activities.
continued...
Page 7
## **CHILDREN'S AID SCOTLAND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
## **1. ACCOUNTING POLICIES - continued**
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
## **Financial instruments**
The charity only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like other accounts receivable and payable.
Debt instruments like other accounts receivable and payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of cash or other consideration expected to be paid or received.
Financial assets measured at cost and amortised cost are assessed at the end of each reporting period for evidence of impairment and if found, an impairment loss is recognised in profit or loss.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.
Cash and cash equivalents includes cash in hand, deposits held at call with banks and other short-term highly liquid investments with original maturities of three months.
## **Judgements**
The charity considers on an annual basis the judgements that are made by management when applying its significant accounting policies that would have the most significant effect on amounts that are recognised in the financial statements. The trustees consider there are no such significant judgements.
## **Provisions**
Provisions are recognised when the charity has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the charity will be required to settle the obligation and the amount of the obligation can be reliably estimated. Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.
## **2. DONATIONS AND LEGACIES**
|Donations
Gift aid
Sponsorship|**2024**
**£**
**40,344**
**10,280**
**30,000**
**80,624**|**2023**
**£**
3,520
6,828
30,000|
|---|---|---|
|||40,348|
continued...
Page 8
## **CHILDREN'S AID SCOTLAND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
|**3.**
**OTHER TRADING ACTIVITIES**
Fundraising events
**4.**
**INVESTMENT INCOME**
Deposit account interest
**5.**
**RAISING FUNDS**
**Raising donations and legacies**
Postage and stationery
Sundries
Auction prizes and gifts
Hosts and event staff
Audio visual
Design and printing
Venue hire
**6.**
**CHARITABLE ACTIVITIES COSTS**
**Grant**
**funding of**
**activities**
**(see note**
**7)**
**£**
Grants
**213,098**
**7.**
**GRANTS PAYABLE**
Grants||
|---|---|
continued...
Page 9
## **CHILDREN'S AID SCOTLAND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
## **7. GRANTS PAYABLE - continued**
The total grants paid to institutions during the year was as follows:
|Action for Children
Calum's Cabin
Lothian Autistic Society
Glasgow Childrens' Hospital Charity
Kelbourne Park Primary
Finding Your Feet
Big Hearts Community Trust
CHAS
Plus (Forth Valley)
Celtic FC Foundation
Aberlour Child Care Trust
Sense Scotland
SLC Turnberry Limited
Doing it for Daniel Foundation
Friends of Ashton
Ronald McDonald House
Sight Scotland
Charlie House
The GK Experience
Chattersense
West Lothian Riding for the Disabled
Dundee Science Centre
Argyll & Bute Care
Pain Concern
Women's Aid Orkney
PALS
Team Jak Foundation
Promoting Inclusion Through Sport
Various grants (all less than £500)
Loud N Proud
Scottish Jewish Heritage Centre
James Leckey Design Ltd (Custom- made walker for child)
The School Bank West Lothian
East Fife & Scooniehill RDA
Inclusive Orkney
GCC Hampden Primary School
Maryhill Ruchill Parish Church
NSPCC Scotland|**2024**
**£**
**8,542**
**2,000**
**-**
**-**
**10,000**
**-**
**4,688**
**10,000**
**2,000**
**2,970**
**6,000**
**3,918**
**12,000**
**2,000**
**42,165**
**-**
**1,489**
**5,000**
**5,450**
**7,318**
**-**
**3,850**
**-**
**-**
**-**
**3,000**
**-**
**-**
**450**
**1,462**
**1,500**
**4,744**
**1,550**
**2,000**
**600**
**53,071**
**631**
**14,700**
**213,098**|**2023**
**£**
-
4,800
1,987
8,000
-
25,000
7,394
-
-
2,946
6,000
-
-
4,800
6,500
1,915
-
5,000
-
-
1,487
7,000
1,994
2,000
1,440
5,300
3,000
2,300
201
-
-
-
-
-
-
-
-
-|
|---|---|---|
|||99,064|
continued...
Page 10
## **CHILDREN'S AID SCOTLAND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
## **8. SUPPORT COSTS**
|||**Governance**|
|---|---|---|
|||**costs**|
|||**£**|
|Grants||**8,460**|
|Support costs, included in the above, are as follows:|||
|**Governance costs**|||
||**2024**|**2023**|
|||**Total**|
||**Grants**|**activities**|
||**£**|**£**|
|Independent Examiner's fees|**2,160**|**2,280**|
|Bookkeeping and secretarial|**6,300**|**7,000**|
||**8,460**|**9,280**|
## **9. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.
## **10. STAFF COSTS**
The average number of employees during the year was NIL (2023 - NIL).
## **11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**Unrestricted**
**fund**
**£**
**INCOME FROM**
Donations and legacies
38,140
Other trading activities
187,598
Investment income
3,670
**Total**
229,408
**EXPENDITURE ON**
Raising funds
71,481
**Charitable activities**
Grants
106,136
**Total**
177,617|**Restricted**
**funds**
**£**
2,208
-
-
2,208
-
2,208
2,208|**Total**
**funds**
**£**
40,348
187,598
3,670|
|---|---|---|
|||231,616|
|||71,481
108,344|
|||179,825|
continued...
Page 11
## **CHILDREN'S AID SCOTLAND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
|**11.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
**Unrestricted**
**Restricted**
**fund**
**funds**
**£**
**£**
**NET INCOME**
51,791
-
**RECONCILIATION OF FUNDS**
Total funds brought forward
76,379
-
**TOTAL FUNDS CARRIED FORWARD**
128,170
-
**12.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**2024**
**£**
Other debtors
**10,865**
**13.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**2024**
**£**
Other creditors
**4,800**
Accruals and deferred income
**27,979**
**32,779**
**14.**
**ANALYSIS OF NET ASSETS BETWEEN FUNDS**
**2024**
**Unrestricted**
**Restricted**
**Total**
**fund**
**funds**
**funds**
**£**
**£**
**£**
Current assets
**163,626**
**-**
**163,626**
Current liabilities
**(32,779)**
**-**
**(32,779)**
**130,847**
**-**
**130,847**||**Total**
**funds**
**£**|
|---|---|---|
|||51,791
76,379|
|||128,170|
continued...
Page 12
## **CHILDREN'S AID SCOTLAND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
## **15. MOVEMENT IN FUNDS**
|||**Net**||
|---|---|---|---|
|||**movement**|**At**|
||**At 1/1/24**|**in funds**|**31/12/24**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|**128,170**|**2,677**|**130,847**|
|**TOTAL FUNDS**|**128,170**|**2,677**|**130,847**|
|Net movement in funds, included in the above are as follows:||||
||**Incoming**|**Resources**|**Movement**|
||**resources**|**expended**|**in funds**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|**305,614**|**(302,937)**|**2,677**|
|**TOTAL FUNDS**|**305,614**|**(302,937)**|**2,677**|
|**Comparatives for movement in funds**||||
|||**Net**||
|||**movement**|**At**|
||**At 1/1/23**|**in funds**|**31/12/23**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|76,379|51,791|128,170|
|**TOTAL FUNDS**|76,379|51,791|128,170|
|Comparative net movement in funds, included in the above are as follows:||||
||**Incoming**|**Resources**|**Movement**|
||**resources**|**expended**|**in funds**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|229,408|(177,617)|51,791|
|**Restricted funds**||||
|Finding Your Feet|2,208|(2,208)|-|
|**TOTAL FUNDS**|231,616|(179,825)|51,791|
continued...
Page 13
## **CHILDREN'S AID SCOTLAND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024**
## **16. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2024 or 31 December 2023.
Page 14
## **CHILDREN'S AID SCOTLAND**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024**
|**INCOME**
**Donations and legacies**
Donations
Gift aid
Sponsorship
**Other trading activities**
Fundraising events
**Investment income**
Deposit account interest
**Total incoming resources**
**EXPENDITURE**
**Raising donations and legacies**
Postage and stationery
Sundries
Auction prizes and gifts
Hosts and event staff
Audio visual
Design and printing
Venue hire
**Charitable activities**
Grants to institutions
**Support costs**
**Governance costs**
Independent Examiner's fees
Bookkeeping and secretarial
Total resources expended
**Net income**|**2024**
**£**
**40,344**
**10,280**
**30,000**
**80,624**
**222,344**
**2,646**
**305,614**
**93**
**1,774**
**18,444**
**15,906**
**12,577**
**2,808**
**29,777**
**81,379**
**213,098**
**2,160**
**6,300**
**8,460**
**302,937**
**2,677**|**2023**
**£**
3,520
6,828
30,000|
|---|---|---|
|||40,348
187,598
3,670|
|||231,616
56
2,434
16,717
14,053
11,564
1,362
25,295|
|||71,481
99,064
2,280
7,000|
|||9,280|
|||179,825|
|||51,791|
This page does not form part of the statutory financial statements
Page 15