Scottish Trades Excellence Trustees’ Annual Report Period 01 April 2024 to 31 March 2025
Charity contact information
Scottish Trades Excellence Scottish Charity Number: SC046371 Unit 2 Burnbank Business Centre Altens, Aberdeen AB12 3LF
Website: scottishtrades.org
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Charity Trustees
Name all your charity trustees for the period, and the date they left if they were not in post for the whole year.
3
Objectives and activities
The purposes of the charity as set out in its governing document.
The purpose of Scottish Trades Excellence is to promote, advance and further charitable purposes primarily by operating to encourage and promote (through collaboration primarily with colleges, industry and others) skills, training and opportunities in (heavy) engineering, manufacturing, fabrication and related trades for young people, long term unemployed individuals, job seekers and others who can be helped (primarily but not exclusively in Dundee and Angus) to ensure these individuals do not miss out on the skills, training, opportunities and enjoyment that vocational skills, training and opportunities can bring to them and so that society does not miss out the development of these crucial skills for current and future generations 6.2 For the purposes of the 2005 Act, the following charitable purposes are particularly relevant and are the charitable purposes identified as applicable from section 7 of the 2005 Act:- 6.2.1 the advancement of education; and 6.2.2 the relief of those in need by reason of age, financial hardship or other disadvantage.
The main activities undertaken in relation to those purposes during the period.
The Charity has continued to hold awareness days and introductory training sessions for new starters in the oil & gas industry and those looking to upskill.
Through our training, we detail the requirements of ATEX, as well as the International Electrotechnical Commission in relation to the use of explosion proof equipment in hazardous areas. These awareness days help to introduce a niche area of health & safety in oil & gas, mining and any chemical or manufacturing environment, where an explosive atmosphere may be present.
The Charity also continued to update its courses related to ISO, IEC and Compex, for mechanical equipment operated in hazardous areas Zone 1 and Zone 2, as well as pneumatic operated mechanical pumps.
The degree to which the achievements and performance during the period have benefited wider society.
The Charity’s awareness days and introductory training sessions for job-seekers, and those who feel they are under-employed, has aimed to give them some perspective on a niche area of health & safety in oil & gas, mining and any chemical or manufacturing environment, where an explosive atmosphere may be present.
This introduction is intended to help them to determine if this is an area that they would like to explore and develop their knowledge further and perhaps discover a new path for their career, and ultimately hopefully help them to find new employment. Our trainees have successfully secured contracts with local companies offering services in oil and gas industry.
4
Structure, governance, and management
Structure, governance, and management of the charity
Bankers Barclays Bank Accountants J&K Accounts Ltd Honeysuckle Cottage Carnbo, KY13 0NX Examinator: BA Economics & MA Finance and Accounting
Type of governing document
The charity is governed by its Constitution.
Trustee recruitment and appointment
The methods used to recruit and appoint new charity trustees.
The Charity has its own website where it is advertising a need for new Trustees through a very thorough process, which includes the provision of information on about its goals and performance. The charity has not developed any special method of recruiting Trustees as it greatly believes that only people having something to offer can become the Trustees in any charity.
5
Achievements and performance
The Charity has managed to hold some awareness days and introductory training sessions, for small groups, and throughout the years some of our trainees have successfully secured contracts with a local companies offering services in oil and gas industry.
The Charity has continued to try form strong bonds with local companies in the oil & gas industry and has secured some funding for operations and maintenance of its training facility during this period. the Windfall Tax, introduced by the UK government, is beginning to have a significant impact on the UK oil & gas industry. Many projects are already being cancelled or shelved, and revenues are dropping quickly over time. Countless jobs are already being lost, and the future of the UK oil & gas industry is looking more and more bleak with each day that passes.
Unfortunately, the Charity has just recently lost one of its three Trustees, which may now put the future of the Charity in danger. If the Charity cannot find another Trustee quickly, it may have to cease operating, if it cannot fulfil its three Trustee obligation, which is a requirement specified in the Charity’s constitution.
Sadly, the Charity has also suddenly lost one of its long-term funders, which is has already put the Charity in a shortfall for its expected income for this past year. If the charity is not able to cover its liabilities going forward, then it will also rapidly need to consider moving out of its premises and cease operations due to a lack of funds.
6
Financial review
Statement of the charity’s policy on reserves
Policies on reserves.
The trustees believe that around one month of annual expenditure on running costs, including rent and other running costs, is an appropriate level of reserves in order to cover timing differences between receipts and payments and to allow for any unexpected items of expenditure or reduction in income.
Reserves position
General reserves £1,000
Financial review of the position at the reporting date, 31 March 2025
The Trustees consider the financial performance by the charity during the year to have been not fully satisfactory.
Total receipts for the year were £18,763 consisting of donations and VAT returns. The main spending was on charitable expenses, including rent, rates, electricity, telephone, and internet.
Charity has been using unrestricted funds surplus from last years as well as donations to fund the charitable expenses. Deficit for the year is £2,350. Liabilities of £720 due to J&K Accounts Ltd have been paid in full.
The main source of the charity will continue to be donations from the companies interested in acquiring skilled workers in oil and gas industry.
Charity has not acquired any new assets this year.
Trustees Report and Payments and Receipts accounts have been examined by , BA Economics & MA Finance and Accounting, Qualified Accountant. has been preparing accounts for other Charity based in Edinburgh – ECP - Education Centre SCIO. He has also been involved already in examination of accounts for Charities in his career.
7
Future plans
Let everyone know what you have got planned for the next year.
Unfortunately, the Charity has just recently lost one of its three Trustees, which may now put the future of the Charity in danger. If the Charity cannot find another Trustee quickly, it may have cease operating, if it cannot fulfil its three Trustee obligation, which is a requirement specified in the Charity’s constitution.
Sadly, the Charity has also suddenly lost one of its long-term funders, which is has already put the Charity in a shortfall for its expected income for the past year. If the charity is not able to cover its liabilities going forward, then it will also rapidly need to consider moving out of its premises and cease operations due to a lack of funds.
Although, the Charity has been building relationships with industry, the Windfall Tax, introduced by the government, is beginning to have a significant impact on the UK oil & gas industry. Many projects are already being cancelled or shelved, and revenues are dropping quickly over time. Countless jobs are already being lost, and the future of the UK oil & gas industry, like the future of the Charity, is looking more and more bleak with each day that passes.
8
Declaration
Signed on behalf of the charity trustees:
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Print name
Designation Trustee
Date 25/09/2025
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Enter SC No. below
APPENDIX 2
Enter charity name below
Scottish Trades Excellence
SC046371
| Receipts andpayments accounts | Receipts andpayments accounts | Receipts andpayments accounts | Receipts andpayments accounts | Receipts andpayments accounts | Receipts andpayments accounts | Receipts andpayments accounts | Receipts andpayments accounts | Receipts andpayments accounts | Receipts andpayments accounts | Receipts andpayments accounts | Receipts andpayments accounts | Receipts andpayments accounts | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period start date | Period end date | Period end date | ||||||||||||||||||
| For the period from |
01 Day |
April Month |
2024 Year |
to | Day 31 |
Month March |
Year 2025 |
|||||||||||||
| Section A Statement of receipts and payments | ||||||||||||||||||||
| Unrestricted funds |
Restricted funds |
Expendable endowment funds |
Permanent endowment funds |
Total funds current period |
Total funds last period |
|||||||||||||||
| to nearest £ | to nearest £ | to nearest £ | to nearest £ | to nearest £ | to nearest £ | to nearest £ | ||||||||||||||
| A1 Receipts | ||||||||||||||||||||
| Donations | 15,952 | 15 | 15 | 15,952 | 21,075 | |||||||||||||||
| Legacies | - | - | - | - | ||||||||||||||||
| Grants | - | - | - | - | ||||||||||||||||
| Receipts from fundraisingactivities | - | - | - | - | ||||||||||||||||
| Gross tradingreceipts | - | - | - | - | ||||||||||||||||
| Income from investments other than | ||||||||||||||||||||
| land and buildings | - | - | - | - | - | |||||||||||||||
| Rents from land & buildings | - | - | - | - | ||||||||||||||||
| Gross receipts from other charitable | ||||||||||||||||||||
| activities | 2,811 | 2 | 2 | 2,811 | 2,975 | |||||||||||||||
| - | - | - | ||||||||||||||||||
| A1 Sub total | 18,763 | - | - | - | - | - | - | - | - | - | 18,763 | 18,763 | 18,763 | 24,050 | ||||||
| A2 Receipts from asset & | ||||||||||||||||||||
| investment sales | ||||||||||||||||||||
| Proceeds from sale of fixed assets Proceeds from sale of investments A2 Sub total - - - Total receipts 18,763 - - ~~—~~ |
- - |
- - |
- - |
- - - 18,763 |
- - - 18,763 |
- - - 18,763 |
- 24,050 |
| A3 Payments | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Expenses for fundraising activities | - | - | ||||||||||
| Gross trading payments | - | - | ||||||||||
| Investment management costs | - | - | ||||||||||
| Payments relating directly to charitable | Payments relating directly to charitable | |||||||||||
| activities | 20,243 | 20,243 | 20,197 | |||||||||
| Grants and donations | ||||||||||||
| - | - | |||||||||||
| Governance costs: | ||||||||||||
| - | - | |||||||||||
| Audit / independent examination | 150 | 150 | 100 | |||||||||
| Preparation of annual accounts | 720 | 720 | 1,020 | |||||||||
| Legal costs | - | - | ||||||||||
| Other | Other | Other | ||||||||||
| - | - | |||||||||||
| - | - | |||||||||||
| **A3 Sub total ** | 21,113 | - | - | - | 21,113 | 21,317 | ||||||
| A4 Payments relating to asset and | ||||||||||||
| investment movements | ||||||||||||
| Purchases of fixed assets - - Purchase of investments - A4 Sub total - - - - - - Total payments 21,113 - - - 21,113 21,317 ~~SSSSS~~ |
||||||||||||
| Net receipts / (payments) A5 Transfers to / (from) funds Surplus / (deficit) for year |
2,350) ( - - - 2,350) ( 2,733 - 2,350) ( - - - 2,350) ( 2,733 ~~——————~~ |
APPENDIX 2
Scottish Trades Excellence
SC046371
Section B Statement of balances
| Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Investments B3 Other assets B5 Contingent liabilities B4 Liabilities |
Details | Unrestricted funds to nearest £ 3,922 2,350) ( |
Restricted funds to nearest £ |
Expendable endowment funds to nearest £ |
Permanent endowment funds to nearest £ |
Permanent endowment funds to nearest £ |
Total current period to nearest £ |
Total last period to nearest £ |
|---|---|---|---|---|---|---|---|---|
| Cash and bank balances at start of year | 3,922 | 1,188 | ||||||
| Surplus / (deficit) shown on receipts and payments account |
2,350) ( |
2,733 | ||||||
| - | ||||||||
| - | ||||||||
| Cash and bank balances at end of year (Agree balances with receipts and payments account(s)) Details |
1,571 | - | - | - | 1,571 | 3,922 | ||
| - | - |
- Fund to which |
- asset belongs |
- Market valuation to nearest £ |
- |
|||
| Last year to nearest £ |
||||||||
| Details | Fund to which | asset belongs | Total Cost (if available) to nearest £ |
- | - |
|||
| Current value (if available) to nearest £ |
Last year to nearest £ |
|||||||
| - | ||||||||
| - | ||||||||
| Details | Total - Fund to which liability relates |
- | - |
- |
||||
| Amount due to nearest £ |
Last year to nearest £ |
|||||||
| J&K Accounts | Unrestricted | 720 | 720 | |||||
| Details | Total Fund to which liability relates |
720 | 720 | |||||
| Amount due (estimate) to nearest £ |
Last year to nearest £ |
|||||||
| Signature | Total Print Name |
- | - |
|||||
| Date of approval |
||||||||
| Jesse Youmans | ||||||||
/ Statement of balances
2
December 2007
APPENDIX 2
Scottish Trades Excellence
SC046371
Section C Notes to the Accounts
C1 Nature and purpose of funds (may be stated on analysis of funds worksheets)
Charity has received £15,952 in donations and £2,810.60 from VAT returns in this financial year. Charity has been using unrestricted funds surplus from last years as well as donations to fund the charitable expenses. Deficit for the year is £2,350. Liabilities of £720 due to J&K Accounts Ltd have been paid in full.
C2 Grants
C3a Trustee remuneration
| Type of activity or project supported | Individual / institution |
Number of grants made £ |
Number of grants made £ |
|---|---|---|---|
| Total | - |
||
| If no remuneration was paid during the period to any charity trustee or person connected to a trustee cross this box (otherwise complete section 3b) |
X | ||
| Authority under which paid | £ |
C3b Trustee remuneration - details
C4a Trustee expenses
C4b Trustee expenses - details
C5 Transactions with trustees and connected persons
| If no expenses were paid to any charity trustee during the period then cross (otherwise complete section 4b) |
If no expenses were paid to any charity trustee during the period then cross (otherwise complete section 4b) |
this box | X |
|---|---|---|---|
| Nature of transaction | Number of trustees £ |
||
| Nature of relationship | Transaction amount (£) Balance outstanding at period end (£) |
||
C6 Other information
/ Notes
3
December 2007
APPENDIX2 l Not8S Dec8mber 2007
APPENDIX 2
SC046371
Scottish Trades Excellence
Additional analysis (1)
Analysis of receipts and payments
1 Donations
| 1 Donations | 1 Donations | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted funds to nearest £ |
Restricted funds to nearest £ |
Expendable endowment funds to nearest £ |
Permanent endowment funds to nearest £ |
Total current period to nearest £ |
Total last period to nearest £ |
||||
| Donations from Businesses | 15,952 | 15,952 | 21,075 | ||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| Total | 15,952 | - | - | - | 15,952 | 21,075 | |||
| - | - | - | - | - | - |
2 Grants
| 2 Grants | 2 Grants | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted funds to nearest £ |
Restricted funds to nearest £ |
Total current period to nearest £ |
Total last period to nearest £ |
||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| - | |||||||||
| Total - - Unrestricted funds to nearest £ 3 Gross receipts from other charitable activities |
- | - | - | - | |||||
| - Restricted funds to nearest £ |
Expendable endowment funds to nearest £ |
Permanent endowment funds to nearest £ |
- Total current period to nearest £ |
- Total last period to nearest £ |
|||||
| HMRC VAT | 2,811 | 2,811 | 2,975 | ||||||
| Bank Loyaltyrewards | - | - | |||||||
| Sale ofgoods | - | - | |||||||
| Bank refund | - | - | |||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| - | - | ||||||||
| Total | 2,811 | - | - | - | 2,811 | 2,975 | |||
| - | - | - | - | - | - |
4 Payments relating directly to charitable activities
| Unrestricted funds to nearest £ |
Unrestricted funds to nearest £ |
Restricted funds to nearest £ |
Expendable endowment funds to nearest £ |
Permanent endowment funds to nearest £ |
Total current period to nearest £ |
Total current period to nearest £ |
Total last period to nearest £ |
||
|---|---|---|---|---|---|---|---|---|---|
| Rent | 16,200 | 16,200 | 16,200 | ||||||
| Insurance | - | - | 214 | ||||||
| Electricity | 1,174 | 1,174 | 1,533 | ||||||
| Rates | 2,278 | 2,278 | 1,718 | ||||||
| Subscriptions | - | - | |||||||
| Telephone & Internet | 309 | 309 | 279 | ||||||
| Bank Charges | 102 | 102 | 102 | ||||||
| Equipment | - | - | - | ||||||
| Stationery | - | - | - | ||||||
| Website | 181 | 181 | 151 | ||||||
| Other Admin | - | - | |||||||
| Total | 20,243 | - | - | - | 20,243 | 20,197 | |||
| - | - | - | - | - | - |
Additional notes (1)
December 2007
APPENDIX 2
SC046371
Additional analysis (2)
5 Breakdown of unrestricted funds
| 5 Breakdown of unrestricted funds | |||||||
|---|---|---|---|---|---|---|---|
| Receipts | Unrestricted fund 1 - enter name of fund below |
Unrestricted fund 2 - enter name of fund below |
Unrestricted fund 3 - enter name of fund below |
Unrestricted fund 4 - enter name of fund below |
Total unrestricted funds |
Total unrestricted funds last period |
|
| Donations | 15,952 | 15,952 | 21,075 | ||||
| Legacies | - | - | |||||
| Grants | - | - | |||||
| Receipts from fundraisingactivities | - | - | |||||
| Gross tradingreceipts | - | - | |||||
| Income from investments other than land and buildings | - | - | |||||
| Rents from land & buildings | - | - | |||||
| Gross receipts from other charitable activities | 2,811 | 2,811 | 2,975 | ||||
| Sub total Receipts from asset & investment sales |
18,763 | - | - | - | 18,763 | 24,050 | |
| - | |||||||
| Proceeds from sale of fixed assets | - | ||||||
| Proceeds from sale of investments | - | ||||||
| Sub total Total receipts Payments |
- | - | - | - | - | - | |
| 18,763 | - | - | - | 18,763 | 24,050 | ||
| - | |||||||
| Expenses for fundraisingactivities | - | - | |||||
| Gross trading payments | - | - | |||||
| Investment management costs | - | - | |||||
| Payments relatingdirectlyto charitable activities | 20,243 | 20,243 | 20,197 | ||||
| Grants and donations | - | - | |||||
| Governance costs: | - | - | |||||
| Audit / independent examination | 150 | 150 | 100 | ||||
| Preparation of annual accounts | 720 | 720 | 1,020 | ||||
| Legal costs | - | - | |||||
| Other | - | - | |||||
| - | - | ||||||
| Sub total Payments relating to asset and investment movements |
21,113 | - | - | - | 21,113 | 21,317 | |
| - | |||||||
| Purchases of fixed assets | - | - | |||||
| Purchase of investments | - | ||||||
| Sub total Total payments Net receipts / (payments) Transfers to / (from) funds Surplus / (deficit) for year |
- | - | - | - | - | - | |
| - | |||||||
| 21,113 | - | - | - | 21,113 | 21,317 | ||
| - | |||||||
| 2,350) ( |
- | - | - | 2,350) ( |
2,733 | ||
| - | |||||||
| 2,350) ( |
- | - | - | 2,350) ( |
2,733 | ||
| - | |||||||
| Nature andpurpose of funds | |||||||
Additional notes (2)
December 2007
APPENDIX 3 5cotti5h Charity RegulaL¥ Report to the ., QbAtty n•m tnMtee8lmenibern of SCOTllsH TRADES EXCELLENCE Rog18torod charfty number On lh• account8 of tho charlty forth• p•rlod . SClJ46371 Period slart d Perifyj erKI dat8 Yoar 31 Sat ¢)ut on pay8 . R•Bpecth• The charity's trustees are responsble for the pparation of the unts in accordance rnsponsibilltles of with the terms of the Charities and Tfue Investrtt (Scotkndl 2005 kt and the In1$ and examlner ChaiitEs AGcourts (SGotsnd) Reg(datDnS 201A (as arnded). The charity trustee8 Cor[der that the audit wuirernent d Flegulalion 10(1 > (d) of the AKounts Regulation8 does not apply. It is my respon8iblty to exaffine the accounts as required under sedion 44(1) Ic) of the Act to state whether Parti1 matters have me to ry attention. Basis 01 independent Aqy exan¥naticn ts canied out li &coaKe with R8Julation 11 of the 20[ Accounts •xaminef8 Statem•nt Regulation& An examiiation includes a review of the ac(x)unting records kept by Ihe charity and a cornparison of the accnts presented with th)se records. It also includes CO[deratIon of any unusual iteff6 or disdosures in the accounts and seeks ' explanations frDm the trustees concemirKJ ary such matters. The predureS undertaken do not provide all the eviden that WOU be tequired in an audit and, consequenty, I do not express an auditopnion Dn the view given ty the accounts. Independent •xamlneff8 In the COU of ry 01810n. no matter has o)me IL) my attenbon statement l. which gives m8 r&qsonable c8Jse f•J beleve any rnaterial respect the to keep accjnting r&ords in accordance section 4411) (a) of the 2005 Act and Regulation 4 of the 2006 Accnts Regulations, and to prekyare nts which }rd the accounting records and cornply with Regulation 9 of the 2006 AccuJnts Regulations I to in my cyinion, attention slDukl be dra n order to eble a proper understanding of tITe accounts to be reached. Slgned: Nam•: R•l•vant pmfts8lonal qualTratlonls) or body (If any):