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2025-06-30-accounts

ee

Digital Xtra is a SCIO registered in Scotland. Registered Number: SC047272

Trustees’ Annual Report & Financial Statements for Financial Year Ended 30 June 2025

Digital Xtra E: info@digitalxtra.scot c/o ScotlandIS, Oracle Campus W: www.digitalxtra.scot Blackness Road, Springfield Linlithgow, EH49 7LR

Digital Xtra is a Scottish Charitable Incorporated Organisation (SCIO) registered in Scotland

DIGITAL XTRA (SCIO) Trustees’ Annual Report & Financial Statements

Registered Number: SC047272 Financial Year Ended 30 June 2025

TRUSTEES’ ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 JUNE 2025

CONTENTS

Trustees' Annual Report
3 - 10
Statement of Trustees’ Responsibilities 11
Independent Examiners’ Report
12
Statement of Financial Activities
13
Balance Sheet
14
Notes to the Financial Statements
15 - 18

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Digital Xtra is a Scottish Charitable Incorporated Organisation (SCIO) registered in Scotland

DIGITAL XTRA (SCIO) Trustees’ Annual Report & Financial Statements

Registered Number: SC047272 Financial Year Ended 30 June 2025

DIGITAL XTRA TRUSTEES’ ANNUAL REPORT

The Trustees present their Annual Report and the Financial Statements for Digital Xtra (SCIO) for the financial period ending 30 June 2025.

1 REFERENCE AND ADMINISTRATION INFORMATION

Charity name:

Digital Xtra

Registered Charity number:

SC047272

Charity’s principal address:

Postcode:

c/o ScotlandIS Oracle Campus Blackness Road Springfield Linlithgow EH49 7LR

Names of the Charity Trustees on date of approval of Trustees’ Annual Report:

Polly Purvis OBE, FRSE (Chair) David McNeill (Finance Officer) Bill Douglas

▪ appointed 20 June 2025 Dermot Murray ▪ appointed 20 June 2025 Lisa Imlach Roan Lavery ▪ appointed 20 June 2025 Tanya Howden

Other Charity Trustees during the financial period:

Debbie McCutcheon ▪ resigned 22 August 2024 Andrew McLaughlin ▪ resigned 23 October 2024 Karen Meechan ▪ resigned 05 September 2025 Michael Hall ▪ resigned 16 January 2026 Gina Wilson (Secretary to the Trustees) ▪ resigned 16 January 2026

Independent Examiner:

Finance Support

Paul Brien CA MRA Business Services Chartered Accountants 2&6 Wellgatehead Lanark ML11 9AA Heather Moore MAAT HMM Accounting Services Ltd 3 Simpson Road East Mains Ind. Est. Broxburn EH52 5NP

Bankers:

CAF Bank Virgin Money

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Digital Xtra is a Scottish Charitable Incorporated Organisation (SCIO) registered in Scotland

DIGITAL XTRA (SCIO) Trustees’ Annual Report & Financial Statements

Registered Number: SC047272 Financial Year Ended 30 June 2025

2 STRUCTURE, GOVERNANCE AND MANAGEMENT

Digital Xtra is a recognised Scottish Charitable Incorporated Organisation (SCIO), incorporated on 23 March 2017 and operates under the rules of its constitution.

Trustee recruitment and appointment

The Trustees of the Charity for the purposes of Charity Law are also members of the SCIO’s Board with one member appointed Chair, one appointed Finance Officer, and one appointed Secretary to the Trustees. Due to the nature of the Charity’s objectives, Board members include representatives from both Industry and the Education/Skills sector. The number of Trustees shall be no less than 3 (three) and no more than 9 (nine) at any given time.

Under the SCIO’s current articles of association, at the conclusion of each AGM, any Charity Trustees appointed during the period since the preceding AGM shall retire from office. Out of the remaining Charity Trustees, the 3 (three) longest serving Trustees shall also retire from office. Any Trustee who retires from office at the conclusion of an AGM shall be eligible for re-appointment by majority vote.

Through open recruitment and networking within Industry and the Education/Skills sector, the Charity seeks strong potential candidates to become members of the Board to help guide the Charity’s strategy and use their experience and connections to assist the Charity in achieving its aims. The Board is also particularly keen to maintain an equal gender balance across the Trustees as well as a range of backgrounds and ages.

It is important to the Charity’s relevance and sustainability to maintain industry representation among the Trustees. Business management, marketing, and IT skills are well represented on the Board. These are further enhanced by other members of the Board having extensive experience in the fields of charitable enterprises, support for young people, and education. Trustees are not remunerated.

Charity Management

The Board is committed to ensuring that proper standards of governance operate and has established procedures and policies that are considered appropriate to the nature and size of the Charity. The Board directs the SCIO’s activities in an effective manner through meetings held approximately every two months and monitors performance through timely and relevant reporting procedures. Where it is deemed necessary, the Board can request reports on specific areas outwith the normal reporting regime.

Digital Xtra currently employs one Partnerships & Development Manager whose primary purpose is to promote the Charity to current and potential new partners and supporters from industry and government. Digital Xtra’s partners and supporters provide financial support as well as participating in the Grant Application Evaluation Panel alongside other key stakeholders. The P&D Manager oversees the Charity’s annual grant awards programme, administers all grant payments and reporting, directs Digital Xtra’s marketing and communications strategy, and ensures proper organisational policies and controls are maintained.

During the 2024/25 financial year, the Charity also employed a Community & Grants Officer whose primary purpose was to aid grant recipients as needed and monitor the delivery of supported initiatives. The C&G Officer also facilitated increased engagement between grant recipients and industry as well as assisting the P&D Manager with delivery of the annual grant awards programme, marketing and communications, and various reporting duties.

Most of the Charity’s operations and services are provided through remote channels including staff working and Board meetings with occasional in-person meetings and travel. Other ad hoc administrative and marketing support is provided from companies or individuals on a consultancy, part-time, or in-kind basis when required.

Risk Management

The Charity’s Trustees consider any risks to which Digital Xtra is exposed as part of regular review. Internal risks are minimised with control procedures for all transactions and projects, and by ensuring

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Digital Xtra is a Scottish Charitable Incorporated Organisation (SCIO) registered in Scotland

DIGITAL XTRA (SCIO) Trustees’ Annual Report & Financial Statements

Registered Number: SC047272 Financial Year Ended 30 June 2025

appropriate people, policies, and practices are in place. Dual authorisation for all financial transactions is required. The Charity also maintains a secondary bank account to increase overall financial protection provided under the Financial Services Compensation Scheme (FSCS).

The Charity’s Trustees and management undertake regular risk assessments on the delivery of services, the safety of staff and stakeholders, and the financial risk to the Charity. These measures will be annually reviewed by the Trustees to ensure that the Charity can maintain services safely and without financial risk. The most material risk is the availability and access to recurring funding.

3 OBJECTIVES AND ACTIVITIES

Charitable purposes

Digital Xtra has three charitable purposes or objectives which translate into its vision:

Vision

Digital Xtra’s vision is for young people of all ages and backgrounds throughout Scotland to have opportunities to develop the skills required to thrive in the digital age for the wellbeing and prosperity of both themselves and the nation

Goal

Digital Xtra’s goal is for every young person in Scotland to have access to innovative, meaningful, and creative extracurricular computing activities regardless of their gender, background, or where they live

Aims

Inspire

Inspire the next generation to understand and innovate with technology, not simply use it, by increasing the provision of high-quality extracurricular digital skills activities and helping young people understand the breadth of career opportunities these skills can provide

Enable

Enable exciting, meaningful digital skills activities for young people across Scotland with a particular focus on groups underrepresented in the digital technologies sector or areas often excluded through lack of resources or local facilities

Engage

Engage industry partners in supported activities, giving industry experts and young people the opportunity to connect in informal and creative settings. Digital Xtra’s partners also contribute expertise as part of the Charity’s Grant Application Evaluation Panel

Main Activities

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Digital Xtra is a Scottish Charitable Incorporated Organisation (SCIO) registered in Scotland

DIGITAL XTRA (SCIO) Trustees’ Annual Report & Financial Statements

Registered Number: SC047272 Financial Year Ended 30 June 2025

4 ACHIEVEMENTS AND PERFORMANCE

The four key objectives for Digital Xtra during the 2024/25 financial year were:

1. Renew previous partnerships while also generating new income

Digital Xtra maintained relationships with most of its private sector partners and supporters during the 2024/25 financial year. Support from the public sector for the Round X grant awards cycle was also reinstated following the 2023/24 financial year which saw large reductions in support across the Scottish third sector due to a £1.5bn budget shortfall within the Scottish Government. Continued supported from industry and the public sector ensured Digital Xtra once again successfully delivered a strong Round X grants cycle while also maintaining a positive income stream heading into future grant cycles.

With the renewal of most partnerships and reinstated support from the public sector, the Board feels the charity has maintained a sufficient level of financial security heading into the 2025/26 financial year. However, uncertainty caused by the reduction in public sector support the previous financial year meant the Charity began exploring other strategies to achieve its charitable aims which would potentially be more sustainable long-term.

2. Secure additional support for Digital Xtra’s new strategy

In addition to securing support for the Round X grant awards, further funding from the Scottish Government was secured for a new strategy which will replace Digital Xtra’s grant awards programme for the foreseeable future following the Round X grants cycle.

Digital Xtra will work with selected delivery partners to develop a national network of community coding hubs. Each hub will support the growth of grassroots coding, AI, and tech activities in their local area by:

Planning and preparation for this new strategy, known as Code Xtra, will take place throughout the 2025/26 financial year and will be publicly announced in early 2026.

3. Successfully launch a Round X (2025/26) Grant Awards Cycle

On 30 January 2025, Digital Xtra opened applications for the Round X grant awards cycle which was the charity’s tenth grants cycle overall and eighth as a registered charity. Applications closed on 27 March 2025 with 103 applications received from a variety of registered companies, charities, schools, colleges, and community/educational organisations. Applications were assessed by an Evaluation Panel made up of over 40 volunteers from industry and the education/skills sectors using a set scoring and evaluation methodology. Following this application process, 27 initiatives were selected to receive support from Digital Xtra during the ensuing 2025/26 academic year (i.e. from 1 July 2025 to 30 June 2026). The following initiatives were successful:

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Digital Xtra is a Scottish Charitable Incorporated Organisation (SCIO) registered in Scotland

DIGITAL XTRA (SCIO) Trustees’ Annual Report & Financial Statements

Registered Number: SC047272 Financial Year Ended 30 June 2025

RECIPIENT INITIATIVE LOCAL AUTHORITY GRANT
AMOUNT
Aboyne Primary School Tech Explorers Aberdeenshire £1,930.00
Annick Primary School Coding After School Club
and Lunch Clubs		 North Ayrshire £4,457.00
Bannerman High School LEGO Glasgow £4,184.00
Dundee & Angus College FIRST LEGO League
Tournament – Dundee &
Angus		 Angus, Dundee, Perth &
Kinross, Stirling		 £5,000.00
Dunfermline High School Virtual Reality Game
Design Workshops		 Fife £4,977.00
Ellon Academy Coding Club – Sphero
Challenge 2025-2026		 Aberdeenshire £4,560.00
Falla Hill Primary School Creative Coders West Lothian £4,496.00
Glencryan School Code Club North Lanarkshire £4,826.00
Harris Academy Raspberry Pi Code Club Dundee £4,367.00
James Gillespie’s High
School		 VEX Robotics Competition Edinburgh, Glasgow,
Moray,Stirling		 £4,970.00
Kingspark School The Kingspark Code and
Glow Club		 Dundee £2,988.00
Linlithgow Primary School Digital Leaders: Robotics &
Coding		 West Lothian £4,998.00
Maxwellton Primary School ‘Digi-Buds’ Lunchtime
CodingClub		 South Lanarkshire £4,912.00
McLaren High School McLaren High Primary
Robotics		 Stirling £4,875.00
Mintlaw Academy Robotics Club Aberdeenshire £3,226.00
Ochil Youths Community
Improvement		 Codesign Project Clackmannanshire £4,520.00
Preston Tower Primary
School		 Digi-Ninjas Coding &
Robotics Club		 East Lothian £4,980.00
Riverside Primary School VEX GO STEM Club West Lothian £3,338.00
Scottish Borders Council Galashiels Cluster VEX GO
Coding and Robotics
Project		 Scottish Borders £4,791.00
Skene School Project: Robotic HEARTS Aberdeenshire £5,000.00
SSERC VEX 123 Coding Clubs Fife £4,877.00

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Digital Xtra is a Scottish Charitable Incorporated Organisation (SCIO) registered in Scotland

DIGITAL XTRA (SCIO) Trustees’ Annual Report & Financial Statements

Registered Number: SC047272 Financial Year Ended 30 June 2025

St Anthony's Primary
School		 Digital Wizards North Ayrshire £4,818.00
St Joseph's RC Primary
School		 Code Club for Gaming and
Esports		 Dundee £4,160.00
St Modan's High School VEX Robotics Club Clackmannanshire,
Falkirk,Stirling		 £4,820.00
St Thomas Aquinas RC
SecondarySchool		 STEMinists Club Glasgow £3,423.00
Turriff Academy Inspiring Future Digital
Leaders with Drone
Technology		 Aberdeenshire £4,999.00
West Lothian Digital
Learning Team		 Technology & Coding Club West Lothian £3,767.00

TOTAL GRANT AWARDS AMOUNT: £118,259.00

The breakdown of grant recipients includes 10x Primary Schools, 10x Secondary Schools, 2x ASN Schools, 2x Educational Organisations, 2x Councils, and 1x College. This breakdown reflects the high percentage of applications from schools; however, the Board was pleased to see the ratio of grant awards for Primary Schools and Secondary Schools was more equal than in previous years.

A sample of Round X (2025/26) grant recipients includes:

This is just a selection of the 2025/26 grant recipients to demonstrate the wide range of extracurricular initiatives supported across Scotland. By providing financial and intellectual support while also connecting like-minded schools, organisations, and businesses to share ideas and best practice, including previous and current grant recipients, the Charity continues to develop a strong and diverse

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Digital Xtra is a Scottish Charitable Incorporated Organisation (SCIO) registered in Scotland

DIGITAL XTRA (SCIO) Trustees’ Annual Report & Financial Statements

Registered Number: SC047272 Financial Year Ended 30 June 2025

ecosystem of clubs and initiatives that positively engage young people in tech and help inspire the next generation of developers, designers, and digital leaders.

4. Continue to develop and introduce the Charity’s updated branding

The previous branding for Digital Xtra was created in 2017 with the aim of having an identity that portrayed both professionalism, representing the charity’s relationships with industry and government; and playfulness, expressing Digital Xtra’s support for digital tech activities for young people which are both exciting and relevant. Both these elements are still key to Digital Xtra’s identity and are reflected in the Chairty’s brand refresh which began in 2023/24. Ongoing development and introduction of this new identity in the form of new digital and physical assets was continued throughout 2024/25. Included in the brand refresh is the extensive task of designing a new website based on the new look and feel as the current site, which was launched in 2016, and some of its underlying technology will soon reach its end of life.

As part of the brand refresh, the charity’s name was also officially shortened from ‘Digital Xtra Fund’ to simply ‘Digital Xtra’ to reflect the Charity’s new strategy of developing a network community coding hubs versus funding a variety of individual activities. This change was recorded with OSCR on 25 March 2025.

5 FINANCIAL REVIEW

Total income for the period amounted to £214,422 (2024 - £170,918) with the largest contributions provided by the Scottish Government, Baillie Gifford, Blackadders LLP, CGI, Chroma Ventures (4J Studios), Cirrus Logic, Heriot-Watt University, and Skyscanner.

After accruing for charitable activities (see table of grant recipients above), the Charity is showing a surplus of £18,614 (2024 - £20,731) for the year. The information outlined in pages 12 to 17 provides more detail of the charity’s financial position.

Reserve Policy

Aside from retaining a prudent amount in reserve equating to at least three months running costs and redundancy payments to staff, the remainder of the funds are to be spent on short term projects and the Charity has therefore not made provision for an investment policy at this point.

Plans for Future Periods

Quality Plan and Budget (QPB) for 2025/26:

Digital Xtra is in a strong position heading into the 2025/26 financial year as key partnerships continue to be upheld; there is increased recognition of the charity amongst industry, government, other stakeholders, and beneficiaries; and sufficient reserves are maintained. In addition, while the reduction in government funding for the 2023/24 financial year was a setback at the time, this instigated the Board to consider other strategies to achieve the Charity’s aims which has led to new opportunities for the Charity to achieve its charitable aims in 2025/26. The Scottish Government’s decision to once again support Digital Xtra’s grant awards programme for Round X plus award additional support to help develop the new Code Xtra strategy is a testament to the value and importance of Digital Xtra’s work facilitating high-quality, meaningful tech activities for young people.

Nevertheless, the ongoing political uncertainty in Westminster and abroad, as well as the upcoming 2026 Scottish elections, continue to create challenges and unknowns for Digital Xtra and its partners and stakeholders. How this might impact future fundraising efforts or government support is still not clear. However, the increasing focus amongst industry and government to support digital skills - as well as a rising need for young people to be knowledgeable and confident using Machine Learning (ML) and Articificial Intelligence (AI) - speaks to the ongoing and evolving need for Digital Xtra and the initiatives it enables.

The Trustees also made a conscious decision to carry forward a notable Reserves of £110,746, including charitable reserves, to provide additional financial insulation for the future, should it be required. As such, the Charity’s Trustees continue to be optimistic heading into 2024/25.

9

Digital Xtra is a Scottish Charitable Incorporated Organisation (SCIO) registered in Scotland

DIGITAL XTRA (SCIO) Trustees’ Annual Report & Financial Statements

Registered Number: SC047272 Financial Year Ended 30 June 2025

Quality Plan and Budget (QPB) goals for 2026/27 and onwards include:

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Digital Xtra is a Scottish Charitable Incorporated Organisation (SCIO) registered in Scotland

DIGITAL XTRA (SCIO) Registered Number: SC047272 Trustees’ Annual Report & Financial Statements Financial Year Ended 30 June 2025 ~~Be~~

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The Trustees are required to prepare Financial Statements for each financial year which give a true and fair view of the charity and of the incoming resources and application of resources of the charity for the year. In preparing these Financial Statements the Trustees are required to:

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the Financial Statements comply with the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the Statement of Recommended Practice – Accounting and Reporting by Charities (January 2019) applicable to charities preparing their accounts in accordance with FRS 102 and in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small entities.

Approved by the Board of Trustees and signed on their behalf by

Signature:

Full Name: Ms Polly Purvis OBE, FRSE

Position (e.g. Chairperson): Chairperson & Trustee

Date: 17 March 2026

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Digital Xtra is a Scottish Charitable Incorporated Organisation (SCIO) registered in Scotland

DIGITAL XTRA (SCIO) Trustees’ Annual Report & Financial Statements

Registered Number: SC047272 Financial Year Ended 30 June 2025

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF DIGITAL XTRA

| report on the accounts of the SCIO for the year ending 30 June 2025, which are set out on pages 13 to 18.

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. The Charity trustees consider that the audit requirement of Regulation 10 (1) (a) to (c) of the 2006 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 was 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 seeking 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 | do not express an audit opinion on the view given by the accounts.

In the course of my examination, no matter has come to my attention:

have not been met; or

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Paul Brien CA

Date:2Ba Hn aTHA\ O26

MIRA Business Services Limited Chartered Accountants 2 & 6 Wellgatehead Lanark, ML11 9AA

12

Digital Xtra is a Scottish Charitable Incorporated Organisation (SCIO) registered in Scotland

DIGITAL XTRA (SCIO) Trustees’ Annual Report & Financial Statements

Registered Number: SC047272 Financial Year Ended 30 June 2025

Statement of Financial Activities Financial Year Ended 30 June 2025

Notes
Income and endowments from:
Donations and legacies
2
Charitable activities
3
Investment Income
4
Total Income
Expenditure:
Raising funds
5
Charitable activities
6
Total Expenditure
Net Income / (Expenditure)
before transfers
Transfers between funds
Net Movement in Funds
Reconciliation of Funds:
Total Funds Brought Forward
Total Funds Carried Forward
11		 Unrestricted
Designated
Restricted
Total
Total
Funds
Funds
Funds
Funds
Funds
30/06/2025
30/06/2024
£
£
£
£
£
76,966
67,241
0
144,207
120,610
0
70,000
0
70,000
50,000
215
0
0
215
308
77,181
137,241
0
214,422
170,918
388
0
0
388
216
51,533
143,887
0
195,420
149,971
51,921
143,887
0
195,808
150,187
25,260
(6,646)
0
18,614
20,731
0
0
0
0
0
25,260
(6,646)
0
18,614
20,731
85,449
6,683
0
92,132
71,401
110,709
37
0
110,746
92,132

The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.

The accompanying accounting policies and notes form an integral part of these financial statements.

13

Digital Xtra is a Scottish Charitable Incorporated Organisation (SCIO) registered in Scotland

DIGITAL XTRA (SCIO) Trustees’ Annual Report & Financial Statements

Registered Number: SC047272 Financial Year Ended 30 June 2025

Balance Sheet

Financial Year Ended 30 June 2025

Notes 30/06/2025 30/06/2024 30/06/2024
£ £
£		 £ £ £
Fixed Assets:
Tangible Fixed Assets 0 0
Current Assets:
Debtors 9 6,566 52,131
Cash at bank and in hand 439,409 173,694
445,975 225,825
Liabilities:
Creditors: Amount falling due
within one year		 10 (335,229) (133,693)
Net Current Assets 110,746 92,132
Total Net Assets 110,746 92,132
The Funds of the Charity:
Unrestricted Funds 110,709 85,449
Designated Funds 37 6,683
Restricted Funds 0 0
Total Charity funds 11 110,746 92,132

The Financial Statements were approved by the Trustees and signed on its behalf by

Name: Ms Polly Purvis OBE, FRSE

Title: Chairperson & Trustee, Digital Xtra

Date: 17 March 2026

The accompanying accounting policies and notes form an integral part of these financial statements.

14

Digital Xtra is a Scottish Charitable Incorporated Organisation (SCIO) registered in Scotland

DIGITAL XTRA (SCIO) Trustees’ Annual Report & Financial Statements

Registered Number: SC047272 Financial Year Ended 30 June 2025

NOTES TO THE FINANCIAL STATEMENTS

Financial Year Ended 30 June 2025

1 ACCOUNTING POLICIES

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout year.

(a) Basis of preparation and assessment of going concern

The Financial Statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Charities SORP (FRS 102) that applies the provision of Section 1A “Small Entities” of Financial Reporting Standard 102 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).

The trustees consider that there are no material uncertainties about the Trust’s ability to continue as a going concern.

(b) Cashflow

The charity has taken advantage of the exemption from the requirement to produce a cashflow statement in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2019).

(c) Fund accounting

Unrestricted funds are available for use at the discretion of the Board of Trustees in furtherance of the general objectives of the charity.

Designated funds are funds which are to be used in accordance with specific restrictions imposed by the donor.

(d) Income recognition

All incoming resources are included in the statement of financial activities when the charity is entitled to the income, it is probable that the income will be received and the amount can be quantified with reasonable accuracy.

(e) Expenditure recognition

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 settlement will be required and the amount of the obligation can be measured reliably.

All expenditure is accounted for on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, which is reported as part of the expenditure to which it relates

(f) Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life.

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Digital Xtra is a Scottish Charitable Incorporated Organisation (SCIO) registered in Scotland

DIGITAL XTRA (SCIO) Trustees’ Annual Report & Financial Statements

Registered Number: SC047272 Financial Year Ended 30 June 2025

2 INCOME: DONATIONS AND LEGACIES

Unrestricted Designated Restricted Total Total
Funds Funds Funds 30/06/2025 30/06/2024
£ £ £ £ £
76,966
67,241		 0 144,207
120,610

Donations and Legacies for 2024/25 were contributed by the following organisations:

3 INCOME: CHARITABLE ACTIVITIES

Unrestricted Designated Restricted Total Total
Funds Funds Funds 30/06/2025 30/06/2024
£ £ £ £
Scottish Government 0
70,000		 0 70,000
50,000
0
70,000		 0 70,000
50,000
4 INCOME: FROM INVESTMENTS
Unrestricted Designated Restricted Total Total
Funds Funds Funds 30/06/2025 30/06/2024
£ £ £ £
Bank Interest Received 215
0		 0 215
308
215
0		 0 215
308

5 EXPENDITURE: RAISING FUNDS

Fundraising Costs Unrestricted
Designated
Restricted
Total
Total
Funds
Funds
Funds
30/06/2025
30/06/2024
£
£
£
£
£
388
0
0
388
216
388
0
0
388
216

16

Digital Xtra is a Scottish Charitable Incorporated Organisation (SCIO) registered in Scotland

DIGITAL XTRA (SCIO) Trustees’ Annual Report & Financial Statements

Registered Number: SC047272 Financial Year Ended 30 June 2025

6 EXPENDITURE: CHARITABLE ACTIVITIES

Project Grants payable Round X
Project Evaluation Costs
Project Research & Consultancy
Code Like Kids
Industry Engagement Events
Catering Costs
Staff Salaries
Travel & Subsistence
Staff Recruitment
Training & Conferences
Other Staff Costs
Insurances
Rent
Office Furniture Renewals
Printing, Stationery & Postage
Phone, Broadband & Mobiles
Computers, IT & Software
Marketing & PR Costs
Subscriptions & Memberships
Bookkeeping & Payroll
Accountancy & Audit Fees
Bank Charges		 Unrestricted
Designated
Restricted
Total
Total
Funds
Funds
Funds
30/06/2025
30/06/2024
£
£
£
£
£
0
118,777
0
118,777
75,501
0
189
0
189
160
0
0
0
0
0
0
0
0
0
43
0
270
0
270
0
0
0
0
0
62
48,267
20,684
0
68,951
65,227
927
1,132
0
2,059
2,160
0
0
0
0
350
16
0
0
16
54
57
0
0
57
0
253
253
0
506
417
348
0
0
348
0
0
0
0
0
100
60
60
0
120
48
120
120
0
240
214
441
441
0
882
869
0
1,371
0
1,371
3,154
40
0
0
40
40
590
590
0
1,180
1,164
354
0
0
354
348
60
0
0
60
60
51,533
143,887
0
195,420
149,971

7 STAFF COSTS AND NUMBERS

The average number of employees during the year was 2 (2024 – 2) No employees received emoluments of more than £60,000 (2024 – none)

Staff Salaries
National Insurance
Pension Contributions		 Unrestricted
Designated
Restricted
Total
Total
Funds
Funds
Funds
30/06/2025
30/06/2024
£
£
£
£
£
45,296
19,412
0
64,708
61,526
935
400
0
1,335
1,085
2,036
872
0
2,908
2,616
48,267
20,684
0
68,951
65,227

8 TRUSTEE REMUNERATION & RELATED PARTY TRANSACTIONS

None of the Trustees have been paid any remuneration or received any other benefits from an employment with the charity during the current year (2024 – none).

None of the trustees had any personal interest in any contract or transaction entered into by the charity during the year (2024 – none).

17

Digital Xtra is a Scottish Charitable Incorporated Organisation (SCIO) registered in Scotland

DIGITAL XTRA (SCIO) Trustees’ Annual Report & Financial Statements

Registered Number: SC047272 Financial Year Ended 30 June 2025

9 DEBTORS FALLING DUE WITHIN ONE YEAR

Trade Debtors
Prepayments		 30/06/2025
30/06/2024
£
£
6,000
51,950
566
181
6,566
52,131

10 CREDITORS FALLING DUE WITHIN ONE YEAR

Trade Creditors
Other Creditors
Accruals
Social Security & Other Taxes
Deferred Income**		 30/06/2025
30/06/2024
£
£
1,039
3,568
5,300
4,687
128,476
95,243
1,071
895
199,343
29,300
335,229
133,693

**Deferred Income made up as follows:

Fund
Period
Scottish Government
Jul 25 - Jun 27
Total Deferred Income		 2025
£
199,343
199,343

11 MOVEMENT IN FUNDS

Unrestricted Funds
Designated Funds
Restricted Funds
Total Funds		 As at
01/07/2024
Income
Expenses
Transfer
between
funds
As at
30/06/2025
£
£
£
£
85,449
77,181
(51,921)
0
110,709
6,683
137,241
(143,887)
0
37
0
0
0
0
0
92,132
214,422
(195,808)
0
110,746

18

Digital Xtra is a Scottish Charitable Incorporated Organisation (SCIO) registered in Scotland