SCOTTISH CHARITY NUMBER SC047574 FIUENDS OF THE YICOtSON scio TRUSTEES, ANNUAL REPORT AND ACCOUNTS Year ended 30 Junc 2023 Mann Judd Gordon Ltd Chartered Accountanls 26 Lewis Street Stomoway Isle ofLewis HSI 2JF wWwJnatJUdd.cO.uk
FRIENDS OF THE NICOLSON TRUSTEES. ANNLFAL REPORT AND Accouwrs Year ended 30 June 2023 Trustees Treasurcr (Resigmed on 28 March 2023) Treasurer (Appointed on 28 Mah 2023) Contact address Thc Nicolson Jnstitute. Sandwick Roa4 StOTnoway, Islc of Lewis, HS12PN Wcbsilc- www.foln.or Gov¢rniAg do¢umuht Friends of The Nicolson is estsblished ths a Scottish Charitable In¢orporat¢d Or¥anisation and the purposes and administration arrdngcmcDts are sel oul in thc constithtion. which was Prepar by Third S¢clor H¢bridw. Th¢ cbarity was rcgislwed by Office oclhe Scottish Chdrity Regulator on 13 July 2017. Recnjrtment and *ppolntment of Trnsttts This proj¢ct was s¢1 up by thc Rotsry Club of Stornoway, who Invit th¢ fiv¢ tn1¢¢3 to manag¢ the lrnst. The first meeting was held on 8 May 2017 and the register of IteeS was set up. The board nY at any time appoint any person to bc a clwity ¢rustc¢ - by way of a Tcsolution passed by Majority Vot¢ at a board m¢¢ting. CharltAble purposei Thc FricDd5 of Thc Ni¢olson Tru5t'S PUTpose is to advan¢e th¢ eduGation of the pupils of The Nicolson Institute in SIoTnoway. 151e of Lewis through ihe provision of financial assistance to allow them lo participate in activities out with the Islc of Lewis. Thesc activities include: Sporting and Health Relaied adivities. Arts, Hcritsgc. Cultur¢ S¢i¢n¢¢ activitics. Any other activity that will advance the pupils education.
FRIENDS OF THE NICOLSON TRUSTEES. ANNUAL REPORT AND ACCOUNTS Year ended 30 June 2023 Si2nific*nt activiti¢J To generate income by monthty l annual subscriptions, and one4)ff donations from 5UPWrters of the Friends of The Nicolson TrusL and s¢]fiC fund-raising events. To disburse funds in the fonn of grants to The Nicolson Institute Sch1, to a55iSt with irav¢l wsts for scknl groups and individual pupils attending mainland events. Aetlvities aebleYemeDts The aclivities and Incon nf the charity duringthe period covered b), this rerort have been severely curtailed in the afterniath of the COVID 19 resirtctions resulting in limited mainland irav¢l being undert&k¢n by school pupils. The activities of the TNSI during this p¢riod have been limited to periodic review of the COVID 19 reslriclions and assessing its impact on the Stsied aims of the Trusl as well as administering tIK preparations for th¢ 202212023 audit of the Annual A¢Gounts. One grant of £345 was mad¢ a group of senior pupils from the school for assistin8 with travelling expenses to enable them to represent thc school ai the Annuaj frilmG 2023 Awards in Glasgow in March 2023. The low level of income gcncrat¢d by thc TNst lcd the Trustees to revi¢w its future sustainability and despit¢ numerous attempts to encourage fomler pupi15 o( The Nicolson to subscribe to the Trust by regular subs¢riplions the responsc has been negative. Consequently. the Truste¢5 at its AGM in Dec¢mber 2023 agreed to initiate the pr(¢$$ of windlng up the Tn1 and transfer the balance of funds £1,837. 66 to The Nicolson School Fund. An application is bein8 made to OSCR seeking fornial approval for the winding-up of the Trust. Clarifjcation will be sought regarding thc requ1rcmcj for approving the final sei of Accounts for the period l Ju]y 2023 10 31 December 2023. Truslce remuneratlom and expenjes The tru51ees received no remuneration or expenses in the Ye uThJer review or in the previous year. Reserves Our target annual inwmc is £l.000. Apnroved bv the Tte¢S and siemed on their behalf Trus1¢¢ Da
FRIENDS OF THE NICOLSON RECEivfs AND PAYMENTS ACCOUNT Year ended 30 June 2023 2023 2022 RECEIPTS Donations Fundraising Standing order5 80 430 440 TOTAL RECEIPTS 590 520 PAYMENTS Payments for charitable aclivities.. Printing and stationary cosls Pupil travel costs Publicity Sundry Expcnscs 343 230 30 TO'I'AL PA YMEN"rs 373 230 ExwJ5 of receipts OVCT payments for year 217 290
FRIENDS OF THE MCOLSON STATEMENT OF BALANCES As &130 June 2023 2023 2022 CASH AT BANK Opening balanc 1.291 .001 Excess of Teceipts over payments for yearl 217 2W Closing balances 1.508 1291 R¢pSented by: Cash on hand Bank account 1,508 1291 Closing balances 1.508 1,291 Approved by the Trustees and signed on their behalf.
FRIENDS OF THE NICOLSON IndepeDdeD¢ Eraminer5' Report to tknt Trnslees of Friend$ of The Ni¢d8OD I report on the accwnts of the charity forthe Period eJKled 30 Jun¢ 2023 which are set oth on pages 3and4. RfJp¢ctiv¢ r¢spon$ibililAes oftrusttts aDd examiner The charity's trustees are responsible for ihe preparation of 1he accounts in accordance with ihe ternis of the Charities and I rustee Investmenl (scotla1) Act 2005 and the Charities Accounts (Scolland) Regulations 2(M)6. The charity trustees considuthal the audil requiremeni of Regulation l(K l ) {d) of the Accounts Regulations dS not apply. li is my re4)onsibiliry to examine the accounts as rquired under 5¢Ction 44(1) (c) of thc Act and io slatc wh¢ther particular matt¢rs h&v¢ Lome lo my ltlention. BAJis of independent txAminerJ' sltememt Fdy exarninaiion is carried out in accordance with RegutiOn I l of the Charities Accounts (S¢otland) Regulations 26. An examination includes a review of the acc(MJntinB records kepi by the charity and a comparison of the accounts presenled with those reeords. It also includes consideration of any unusual items or disclosuTes in th¢ a¢nts, and s¢eks explanations from the trusl¢es conc¢rning any such rnattcrs. The proccdures undcrtakcn do nol provid¢ all th¢ ¢vidcnce thal would be required in an audil and cOnseqn(lY I do nol express an audil opinion on the vi¢w given by the accounis. Illd¢pendeml ex2mln¢rJ' Jtatement In th¢ ¢ourse of my examination, matter has come to my attention. which gives rnc reasonable ¢aus¢ to b¢li¢v¢ that in any malerial rcspcct the rcquircmcnts.. to keep accounling records in a¢¢ord4nc¢with Sectlon 44(1) {a) of the 2(K15 Acl and Regulalion 4 of the 2(M)6 Accounts Regulations, and io prepare accounts which accord with th¢ a¢Unnn8 records and comply with Regulation 9 of the 2006 Awunts Regulati15 have not been meL or 2 ¢0 which. in mv Opinio attention should be drawn in OTd¢r to ffiable a Fvoper understanding Mann Juda 0rdOn L Chartered Ac£ountants 26 Ixwis Street Stornoway Isk of Lewis HSI 2JF Date=