Charity Registered number SC046650 Esolperth Report and Accounts 31 August 2025 ## **Esolperth Charity Information** ## **Trustees** Karin Newton Andrew Parrott Paul Crawford Robert Jarvis Keith Milne Samuel Monie (appointed 16 July 2025) ## **Accountants** Fraser + Accountants 3 Barossa Place PH1 5HG ## **Bankers** TSB King Edward Street Perh, PH1 5UB United Trust Bank One Ropemaker Street London, EC2Y 9AW ## **Address** Drummond House 2nd Floor 6 Scott Street Perth PH1 5EJ **Charity Registration Number** SC046650 1 ## **Esolperth Independent Examiner's Report to the Trustees** I report on the accounts of the Charity for the year ended 31 August 2025 which are set out on pages 5 and 6. ## **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) 2005 Act and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requirement of Regulation 10(1) (d) 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 independent examiner’s report** My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. 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 seeks explanations from the 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 comply with Regulation 9 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. Fiona Fraser Chartered Accountant 3 Barossa Place Perth PH1 5HG 2 ## **Esolperth Balance Sheet as at 31 August 2025** |**Esolperth**
**Balance Sheet**
**as at 31 August 2025**|| |---|---| |**Notes**
**Current assets**
Cash at bank and in hand
**Current liabilities**
2
**Net current assets**
**Net assets**
**Represented by funds**
Unrestricted funds
7
Restricted funds
7|**2025**
**2024**
**£**
**£**
67,375
32,299
(5,086)
(6,884)
62,289
25,415
62,289
25,415
33,440
18,347
28,849
7,068
62,289
25,415| ||| Approved by the board on 3 ## **Esolperth** ## **Statement of financial activities for the year ended 31 August 2025** |**Esolperth**
**Statement of financial activities**
**for the year ended 31 August 2025**|| |---|---| |**Notes**
**2025**
**2025**
**2025**
7 **Unrestricted Restricted**
**Total**
**£**
**£**
**£**
**Income form:**
Charitable activities (grants and contracts)
98,552
61,400
159,952
Interest
62
-
62
98,614
61,400
160,014
**Expenditure on:**
Fundraising
-
-
-
Charitable activities
4
44,389
13,276
57,665
Premises costs
17,055
17,146
34,201
Management and administration
22,358
8,916
31,274
**Total**
83,802
39,338
123,140
**Net Income/(Expenditure)**
14,812
22,062
36,874
Balances brought forward 1 September 2024
18,347
7,068
25,415
Transfer of funds
281
(281)
-
Balances carried forward 31 August 2025
33,440
28,849
62,289|**2024**
**2024**
**2024**
**Unrestricted Restricted**
**Total**
£
£
**£**
53,110
18,550
71,660
855
855| ||53,965
18,550
72,515| ||-
-
-
16,714
46,867
63,581
5,756
22,987
28,743
14,536
21,214
35,750| ||37,006
91,068
128,074| ||16,959
(72,518)
(55,559)
1,388
79,586
80,974
-
-
-
18,347
7,068
25,415| All the activities referred to above are continuing activities. All movements in the charity's funds during the year are reflected through the statement of financial activities. 4 **Esolperth Notes to the Accounts for the year ended 31 August 2025** ## **1 Accounting policies** ## _**Basis of preparation**_ The accounts have been prepared in accordance with the 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 2015 (Charities SORP FRS 102). Esolperth meets the definition of a charity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note. The presentational currency of the financial statements is Pound Sterling. ## _**Income recognition policy**_ Income is included in the SOFA when the charity becomes entitled to the income and the amount can be qualified with reasonable accordance and receipt is probable. All income is unrestricted unless specifically restricted by the funder, Income is only deferred when the Charity must fulfil conditions before becoming entitled to it or where the funder has specified that the income is to be expended in a future accounting period. ## **2 Creditors: amounts falling due within one year** |**Creditors: amounts falling due within one year**
Other taxes and social security
Other creditors
**Analysis of expenditure on charitable activities**
Staff costs
Freelance costs
Teaching supplies
Teacher training
Other activities
Volunteer expenses|Student
support
Charitable
activities
staff costs
Support costs
9,655
8,577
5,470
23,999
1,755
1,976
5,908
325|**2025**
**2024**
**£**
**£**
(401)
1,416
5,487
5,468| |---|---|---| |||5,086
6,884| |||
Governance
costs
Total
-
18,232
29,469
1,755
1,976
5,908
325| ||15,125
36,307
6,233|-
57,665| ## **4 Analysis of expenditure on charitable activities** ## **5 Analysis of governance and support costs** The Trustees initially identifies the costs of its support functions. It then identifies those costs which relate to the governance function, Having identified its governance costs, the remaining support costs together with the governance costs are apportioned between the charitable activities. Refer to the table below for the analysis of support and governance costs. |Premises costs
Staff costs
Freelance costs
Office supplies
Centre manager
Insurance
Training
Professional fees
Repairs and maintenance
Subscriptions
Administration|Staff costs
Support
Governance
Total
34,201
34,201
10,504
10,504
1,200
1,200
4,762
4,762
5,470
5,470
2,977
2,977
223
-
223
60
1,142
1,202
1,321
1,321
2,098
2,098
1,517
1,517| |---|---| ||17,397
46,936
1,142
65,475| 5 **Esolperth Notes to the Accounts for the year ended 31 August 2025** - ## **6 Analysis of staff costs, trustee remuneration and the cost of key management personnel** |**Analysis of staff costs, trustee remuneration and the cost of key management personnel**|| |---|---| |Salaries and wages
Social security costs
Pension costs|**2025**
**2024**
28,736
21,922
-
-| ||28,736
21,922| No employees had employee benefits in excess of £60,000 (2022:£nil). |The charity trustees were not paid or received any other benefits fr
reimbursed expenses during the year (2022:£nil). No charity truste
(2022:£nil).
Esolperth
Part time
Tutor
Playworker/Childcare
Office support
**Analysis of charitable funds**
**Analysis of movements in unrestricted funds**
General fund
Designated fund
Total|om employment within the company in the year (2022:£nil) neither were they
e received payments for professional or other services supplied to the charity
**2025**
**2024**
1
1
1
1
1
2
3
Balance
Income
Expenditure
Transfers
Balance
1 Sept 2024
31 August 2025
18,347
98,614
(83,802)
281
33,440
-
-
18,347
98,614
(83,802)
281
33,440| |---|---| ## **7 Analysis of charitable funds Analysis of movements in unrestricted funds** **Name of unrestricted fund Description, nature and purposes of fund** General fund The 'free reserves' after allowing for all designated funds. Designated funds |**General fund income**
Garfield Weston
Henry Smith
P&K Asylum Fund
P&K Empowering New Beginnings
P&K Community Interest
P&K Extra Activities
Scottish Refugee Council
Donations|10,000
20,000
38,020
12,940
8,160
600
750
8,082| |---|---| ||98,552| 6 ## **Esolperth Notes to the Accounts for the year ended 31 August 2025** |**Analysis of movements in restricted funds**
National Lottery
Forteviot
Gannochy Trust
Youthlink Scotland - Art classes
SCVO - Food Security
**Name of restricted fund**
National Lottery
Forteviot|Balance
Income
Expenditure
Transfers
Balance
1 Sept 2024
31 August 2025
23
50,000
(25,584)
24,439
4,900
6,400
(6,890)
4,410
5,000
(5,098)
98
-
304
-
(304)
-
1,841
-
(1,766)
(75)
-| |---|---| ||7,068
61,400
(39,338)
(281)
28,849| ||**Description, nature and purposes of fund**
Core cost support
Tutors| ## **8 Related party transactions** There have been no related party transactions during the financial period. ## **9 Going concern** The Trustees consider that the charity is in a fair position to continue its activities during the coming year, and that the charity's reserves are adequate to fulfil its obligations. The trustees have considered the going concern assumption and there are no material uncertainties' about the charity's ability to continue as a going concern. 7