The Charity Registration Number is :- SC049384 

The Shaun Woodburn Memorial Trustees 

Report and Accounts 

30-Jun-24 



## **The Shaun Woodburn Memorial Trustees** 

## **Reports and accounts for the year ending 30 June 2024** 

|**Contents**|Page|
|---|---|
|Charity Information|1|
|Trustees' Annual Report|1|
|Statement of Directors' responsibilities|2|
|Independent Examiners Report|3|
|Funds statements:-||
|Statement of Financial Activities|4|
|Movement in Funds|5|
|Revenue Funds|6|
|Income and Expenditure account|7|
|Summary of funds|8|
|Balance Sheet|9|
|Cash flow statement|10|
|Notes to the accounts|11|





**The Shaun Woodburn Memorial Trustees** 

## **Reports and accounts for the year ending 30 June 2024** 

The Trustees present their Report and Accounts for the year ended 30 June 2024. 

## **Reference and Administrative details** 

## **The charity name.** 

The legal name of the charity is 'The Shaun Woodburn Memorial Trustees'. 

The operating name of the charity is 'The Shaun Woodburn Memorial Trustees. 

## **The charity's areas of operation and Uk charities registration:** 

The charity is registered in Scotland with The office of the Scottish Charity Regulator (OSCR) with charity number SC049384 

The charity is also registered in Scotland, with the charity number SC049384, as it has its operations in Scotland. 

## **Legal structure of the Charity** 

The charity is constituted as a Charitable Incorporated Organisation (CIO) in England and Wales. The governing document of the charity is the constitution of the SCIO as approved by the The Office of the Scottish Charity Regulator (OSCR). 

The governing document is dated 17 June 2019. 

There are no restrictions in the governing documents on the operation of the charity or in its investment powers other than those imposed by Charity Law. 

duals. 




## **The Shaun Woodburn Memorial Trustees** 

## **Reports and accounts for the year ending 30 June 2024** 

## **The principal operating address of the charity is:-** 

7 Bankhead Avenue Sighthill Edinburgh EH11 4BT 

## **The Trustees in office on the date the report was approved were:-** 


## **The following persons served as Trustees during the year ended 30 June 2024:** 

The trustees who served as a trustee in the reporting were as shown above, and there were no changes during the year, or in the period between the year-end and the approval of the accounts. 


## **Objects and activities of the charity** 

## **The purpose of the charity as set out in its governing document.** 

To promote public participation in sport amoung young people in our locality by donating any funds raised to organisations or individuals with Edinburgh and the Lothians. These donations will be at the discretion of the Board of Trustees of the Shaun Woodburn Memorial Trustees. 

## **The main activities undertaken in relation to those purposes during the year.** 

Donating funds to organisations or individuals with Edinburgh and the Lothians. All such donations will be at he discretion of the Board of Trustees of The Shaun Woodburn Memorial Trustees. 



## **The Shaun Woodburn Memorial Trustees** 

## **Reports and accounts for the year ending 30 June 2024** 

## **The main activities undertaken during the year to further the charity's purpose for the public to benefit.** 

The charity did not receive any charitable donations during the year, they made 3 donations to Leith Athletics, Craigroyston Community Youth Football team, and Lochend Football Academy. The activities of the Charity were curtailed due to the on-going pandemic. 

The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity. 

## **The short and longer-term aims and objectives** . 

The charity aims to raise funds for the benefit of children across Edinburgh and the Lothians. 

## **How the activities undertaken during the year contributed to the achievement of the aims and objectives.** 

The charity made 3 charitable donations to Leith Athletics, Craigroyston Community Youth Football Team, and Lochend Football Academy during the year. Activities were significantly curtailed due to the on-going pandemic. 

## **Resources used in the activities undertaken during the year.** 

The charity made 3 charitable donations to Leith Athletics, Craigroyston Community Youth Football Team, and Lochend Football Academy during the year. Activities were significantly curtailed due to the on-going pandemic. 

## **The main achievements and performance of the charity during the year.** 

The charity made 3 charitable donations to Leith Athletics, Craigroyston Community Youth Football Team, and Lochend Football Academy during the year. Activities were significantly curtailed due to the on-going pandemic. 

## **Fundraising activities during the year.** 

There were no fundraising activities during the year. 

## **The difference the charity's performance during the year has made to the beneficiaries of the charity.** 

The charitable enterprise did not raise any funds during the year. However, made 3 charitable donations as set out above. 



## **The Shaun Woodburn Memorial Trustees** 

## **Reports and accounts for the year ending 30 June 2024** 

## **The degree to which the achievements and performance during the year have benefited wider society.** 

The charity made 3 charitable donations to Leith Athletics, Craigroyston Community Youth Football Team, and Lochend Football Academy, during the year. 

## **The methods to recruit and appoint new charity trustees.** 

The recruitment of Trustees are from family members only. 

## **How the charity makes decisions and how decisions are delegated.** 

The decisions are made by the Board of Trustees of the Shaun Woodburn Memorial Trustees and are determined in the best interests of the children or organisations seeking donations from the charity. 

|Bankers|Bank of Scotland|
|---|---|
|Solicitors|Not appointed|
|Investment advisors|Not appointed|
|Architects|Not appointed|
|Property Consultants|Not appointed|
|Surveyors|Not appointed|
|Accountants|Accounting & Business Services|





**The Shaun Woodburn Memorial Trustees** 

## **Reports and accounts for the year ending 30 June 2024** 

## **Financial review** 

## **The charity's financial position at the end of the year ended 30 June 2024.** 

The financial position of the charity at 30 June 2021 and comparitives for the prior period, as more fully detailed in the accounts, can be summarised as follows:- 

|Net income<br>Donations<br>Unrestricted revenue funds available<br>For the general purposes of the charity|2023<br>2023<br>0<br>0<br>4,465.60<br>0<br>0<br>0|
|---|---|
||0|



To comply with 1.21, the charity did not obtain any donations from private individuals. The trustees have reviewed and accepted there are no donations in compliance with Unrestricted revenue funds available 1.21. The turstees have considered the financial performance of the charity during the year and are satisfied there were no donations. The trustees also note there was one charitable donation during the year. 

## **Policies on reserves.** 

The policies and reserves of the charity is to distribute funds raised during the financial year and may withhold any sum that is equal to any creditors liability at the financial year end. 



## **The Shaun Woodburn Memorial Trustees** 

## **Reports and accounts for the year ending 30 June 2024** 

## **Availability and adequacy of assets of each of the funds.** 

The Board of Trustees is satisfied that all funds raised have been distributed for the furtherance of groups and associations as set out in the Charities code of grants to be issued. 

## **Factors likely to affect the future financial performance.** 

A lack of donations has significantly affected the charity's operation. Therefore, all funds have been distributed, and it is the aim of the Board of Trustees to close the charity. 

## **Plans for the future** 

The charity will be closed, once these accounts have been filed. 

## **Details of The independent Examiner** 

Accounting and Business Services Room 5 46a Constitution Street Edinburgh Lothians EH6 6RS 

## **Statement of Trustee's Responsibilities** 

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). 

In particular, charity law requires the Trustees, if they prepare the accounts on an accrual basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. 

In preparing those financial statements the Trustees are required to:- 



## **The Shaun Woodburn Memorial Trustees** 

## **Reports and accounts for the year ending 30 June 2024** 

## **Trustees' Annual Report for the year ended 30 June 2024** 

to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). select suitable accounting policies and apply them consistently 

make judgements and estimates that are reasonable and prudent prepare the financial statements on the going concern basis unless it is appropriate to presume that the charity will continue in business. 

state whether applicable accounting standards and statements of the recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements. 

The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and any surplus or deficit of the charity for the year. 

The trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities and Trustee Investment (Scotland) Act 2005. 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. 

The trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that, on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements. 

This report was approved by the board of trustees on 27 June 2024. 

Trustee 



## **The Shaun Woodburn Memorial Trustees** 

## **Reports and accounts for the year ending 30 June 2024** 

## **Report of the Independent Examiner to the Trustees of the charity on the accounts for the year ended 30 June 2024.** 

I report to the Trustees on my examination of the financial statements of the charity on pages 4 to 20 for the year ended 30 June 2024  which have been prepared in accordance with the Charities and Trustees Investment (Scotland) Act 2005 and with the Financial Reporting Standard 102 (effective 1st January 2016) as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (THE SORP), published by The Office of The Scottish Charity Regulator (OSCR), and under the historical cost convention and the accounting policies set out on page 11. 

## **Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report** 

As described I page 2, you, the charity's Trustees, are responsible for the preparation of the financial statements in accordance with the Charities and Trustees Investment (Scotland) Act 2005 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view. 

The Trustees consider that the audit requirement of Regulations 10(1) (a) to (c) of The Charities Accounts (Scotland) Regulations 2006 (as amended) does not apply, and that there is no requirement in the Governing Document for conducting of an audit. As a consequence, the Trustees have elected that the financial statements be subject to independent examination. 

Having satisfied ourselves that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is our responsibility to:- 

(a) examine the financial statements of the charity under section 44(1)© of the act (b) follow the applicable procedures in the Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended) and in accordance with the guidance given by The Office of the Scottish Charity Regulation and; 

(c) state whether particular matters have come to our attention. 

## **Basis of Independent Examiner's Statement and scope of work undertaken** 

## and; 

I conducted my examination in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended) and in accordance with the guidance given by The office of Scottish Charity Regulator, setting out the duties of an independent examiner in relation to the conducting of independent examination. An independent examination includes a review of the accounting 



records kept by the charity and of the accounting systems employed by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. 

The purpose of the examination is to establish as far as possible that there have been no breaches of the charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with SORP. 



## **The Shaun Woodburn Reports and accounts for the year ending 30 June 2024** 

The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the trustees in the course of the the examination is not subjected to audit tests or inquiries and does not cover all the 

matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an an independent examination can provide. 

Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statements below. 

I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the trustees of all material matters. 

## **Independent Examiner's Statement Report and Opinion** 

Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:- 

and that I am qualified to act as an Independent Examiner in accordance with that section by virtue of my being a qualified member of Accountant:- 

This is a report in respect of an examination carried out under 44(1)(c) of the Act and in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended) and in accordance with the guidance given by the Office of the Scottish Charity Regulator which may be applicable; 

and that no material matters have come to my attention in connection with the giving me cause to believe that in any material respect:- 

accounting records were not kept in respect of the charity as required by Section 44(1)(a) of the Charities and Trustee Investment (Scotland) Act 2005 

when preparing accounts on a fully accrued basis, to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the Act and the Regulations setting out the form and content of charity accounts 

have been prepared in accordance with the methods and principles as set out in FRS102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as mended by the bulletin issued October 2018 and applicable to all accounting periods beginning on or after 1 January 2019), (The SORP). 

have not been met or to which, in my opinion, attention should be drawn in my report in order to enable a proper understanding of the accounts to be reached. 



## Signed 


Independent Examiner 

Accounting & Business Services Room 5 46a Constitution Street Edinburgh EH6 6RS 



**The Shaun Woodburn Memorial Trustees - Statement of Financial Activities for the year ended 30 June 2023** 

Statement of Financial Activities for the year ended 30 June 2023 

|Interest<br>9.60<br>**Net Income**<br>**4,465.60**<br>Donations made<br>4,465.60<br>SORP ref<br>Current year<br>Unrestricted<br>Funds<br>Current year<br>Restricted<br>Funds<br>2024<br>2024<br>Income from:<br>B/FWD from 2023<br>4,456<br>-<br>Funds  – Funds to<br>carry forward|Current year<br>Total Funds<br>2024<br>**4,456**<br>9.60<br>**4,465.60**<br>4,465.60<br>**0**|
|---|---|



The 'SORP Ref' indicated above is the classification of Income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have be agreed to the Balance Sheet. 

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes al recognised gains and losses 

All the prior year transactions were unrestricted items, and no further analysis is required 

All activities derive from continuing operations 

**The notes attached on pages 11 to 20 form an integral part of these accounts.** 



## **The Shaun Woodburn Memorial Trustees - Statement of Financial Activities for the year ended 30 June 2023** 

The Shaun Woodburn Memorial Trustees - resources applied in the year ended 30 June 2024 toward fixed assets charity use:- 

|Funds b/forward from 2023<br>Funds generated in the year as detailed in the SOFA<br>Net resources available to fund charitable activities|2024<br>4,456<br>0|
|---|---|
||4,456|



The resources applied to fixed assets for charity use represent the cost of additions less proceeds on disposal. 



## **The Shaun Woodburn Memorial Trustees - Statement of Financial Activities for the year ended 30 June 2023** 

Movements in revenue and capital funds for the year ended 30 June 2024 

|**Summary of Funds**<br>Revenue b/Forward<br>Revenue '2024<br>Funds distributed<br>Funds<br>Revenue c/fwd<br>Recognised gains<br>and losses before<br>transfers<br>Closing revenue<br>funds|(4,465.60)<br>0.00<br> <br>Current year<br>Unrestricted<br>Funds<br>Current year<br>Restricted<br>Funds<br>2024<br>2024<br>-<br>-<br>-<br>-<br>-<br>-<br>Unrestricted<br>Funds<br>Restricted<br>Funds<br>4,456<br>-<br>9.60<br>-|Current year<br>Total Funds<br>2024<br>-<br>-<br>-<br>Total funds<br>4,456<br>9.60<br>(4,465.60)|Current year<br>Total Funds<br>2024<br>-<br>-<br>-<br>Total funds<br>4,456<br>9.60<br>(4,465.60)|
|---|---|---|---|
|||||





## **The Shaun Woodburn Memorial Trustees - Statement of Financial Activities for the year ended 30 June 2024** 

The Shaun woodburn Memorial Trustees 

|Income and Expenditure Account for the Year ended 30th June 2024 as required by|Income and Expenditure Account for the Year ended 30th June 2024 as required by|
|---|---|
|the Companies Act 2006||
||2024|
|Income from operations|4,456|
|Donation|9.60|
|Gross income for the year|-|
||4,465.60|
|Donations made||
|Net income before tax in the financial year|4,465.60|
|Tax on surplus on ordinary activites|-|
|Net income after tax in the financial year|4,465.60|
|Retained surplus for the financial year|4,465.60|



In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities. 



The Shaun Woodburn Memorial Trustees- Balance Sheet
As at 30 June 2023
SORP
Note ref
2024
20213
Current assets
The total net assets of the charity
The total net assets of the charity are funded by the funds of the charity as follows:_
Restricted Funds
Unrestricted funds
11 D3
4,456
4,456
Designated funds
Total charity fvnds
4,456
The 'SORP Ref indicated above is the classification of Balance Sheet items as set out
in the formal SORP documents. As required by paragraph 4.60 of the SORP, the
brought forward and carried forward funds above have been agreed to the SOFA.
he trustees acknowledge their responsibility for complying with the requirements
of charity legislation with respect to accounting records and the preparation of the
accounts.
The charity is subject to independent examination under charity legislation, and the
report of the Independent Examiner is on page 3.
The trustees are satisfied that, although, the charity is not registered under the
Companies Acts, if it were so registered, it would be eligible to prepare accounts in
accordance with the provisions of Part 15 of the Companies Act 20016, applicable to
companies subject to the small companies regime.
Trustee
22 January 2025

The Shaun Woodburn Memorial Trustees - Balance Sheet 

As at 30 June 2023 

|Current assets<br>The total net assets of the charity<br>**SORP**<br>**Note ref**<br>B|**2024**<br>**20213**<br>-<br>-|
|---|---|



## **The total net assets of the charity are funded by the funds of the charity as follows:-** 

|**Restricted Funds**<br>**Unrestricted funds**<br>11 D3<br>**Designated funds**<br>**Total charity funds**|4,456<br>**4,456**|4,456|
|---|---|---|
|||**0**|



The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA. 

The trustees acknowledge their responsibility for complying with the requirements of charity legislation with respect to accounting records and the preparation of the accounts. 

The charity is subject to independent examination under charity legislation, and the report of the Independent Examiner is on page 3. 

The trustees are satisfied that, although, the charity is not registered under the Companies Acts, if it were so registered, it would be eligible to prepare accounts in accordance with the provisions of Part 15 of the Companies Act 20016, applicable to companies subject to the small companies regime. 

Trustee 22 January 2025 



**The Shaun Woodburn Memorial Trustees** 

## **Notes to the Accounts for the year ended 30 June 2024** 

## **Accounting Policies** 

## **Policies relating to the production of the accounts.** 

## **Basis of preparation and accounting convention** 

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1 January 2016) and 'FRS 102 SORP' (Statement of Recommended Practice for Accounting and Reporting Charities) 2015 (as amended by the bulletin issued October 2018 and applicable to all accounting periods beginning on or after 1st January 2019). (The SORP) published by the The Office of the Scottish Charity Regulator (OSCR), effective January 2016, and in accordance with all applicable law in the charity's jurisdiction of registration. 

## **Going concern** 

Under 3.38 and to comply with 3.14, if there are no uncertainties about the going concer this MUST be stated. 

Under 3.39, if there are uncertainties details must be given. The charity may suffer from a lack of donations in the future. 

The charitable activities are entirely dependent on continuing voluntary donations. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams. Accordingly, the trustees have obtained forecasts and after reviewing these forecasts for future periods to 31 March 2021, the trustees are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements. Other than these matters, the trustees are not aware of any material uncertainties about the charity's ability to continue as a going concern, 

The charity is a public benefit entity and is solely dependent upon the charitable donations it receives. 

Gross income is derived from charitable donations. 

Income is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction results in the increase in the charity's assets or a reduction in its liabilities and only when the charity has legal entitlement , the income is probable and can be measured reliably. 

The trustees do not receive any dividends from the charity 

Income is subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met. 

All income is accounted for gross, before deducting any related fees or costs. 



## **Policies relating to expenditure on charitable donations received by the charity.** 

A liability, and the related expenditure , is recognised when a legal constructive obligation exists as a result of a past event, and when it is more likely than not a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated. 



## **The Shaun Woodburn Memorial Trustees** 

## **Notes to the Accounts for the year ended 30 June 2024** 

Income from a non-exchange transaction is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods, and services freely given without giving equal value in exchange. 

## **Income recognition** 

Income, whether from exchange or non-excahnge transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity's assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably. 

There are no dividends paid to the trustees. 

Income generated subject to terms and conditions must be met before the charity is entitled to the recognise these resources. 

All income is accounted for gross, before deducting any costs or fees. 

## **Policies relating to expenditure on goods and services provided to the charity.** 

## **Recognition of liabilities and expenditure** 

A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated. 

Liabilities arising from future funding commitments and obligations, including performance-related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates. 

## **Allocating costs to activities** 

Direct costs, which relate to a specific activity are allocated to that activity. Shared direct or support costs are apportioned between activities. 

All support costs are for the distribution of any funds donated to specific good causes and are shown in the statement of financial accounts (SOFA). 

There are no running costs associated with the charity, as all monies donated are distributed to good causes. 



## **Policies relating to assets, liabilities and provisions for other matters.** 

## **Accounting for capital grants and fixed asset funds.** 

The charity does not seek to obtain capital grants and or seek funding for the purposes of purchasing fixed assets. 



**The Shaun Woodburn Memorial Trustees** 

## **Notes to the Accounts for the year ended 30 June 2024** 

All gifts and donations received are distributed to specific groups for the benefit of the children or young adults it seeks to help. 

All funds generated are restricted to distributing to the good causes the charity seeks to help. 

The charity does not hold any assets other than money for the distribution of good causes. Money is raised for the furtherance of the charity's objectives, utilising the charity's own unrestricted funds. 

Whether acquired with unrestricted or restricted funds, the asset acquired is initially shown in the balance sheet at the full cost of acquisition or subsequent revaluation. 

Insofar as this policy relates to Government grants and to the extent that it may be a departure from the FRS 102 SORP (statement of recommended practice for accounting and reporting by charities) 2015, ( as amended by the bullitin issued October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (THE SORP), such departure is justified on the basis that it is in order to comply with the SORP. 

## **Debtors** 

Debtors are measured at their recoverable amounts at the balance sheet date. 

## **Financial instruments including cash and bank balances** 

Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, are shown at the amounts properly reconciled to the bank statements. 

The charity does not hold any assets other than funds held in the charity bank account. 

The funds held are disclosed as the balance of any funds held at the financial year end less any charitable donations granted to organisations or children. 

## **Fund Accounting** 

Unrestricted funds are available for distribution at the discretion of the trustees in furtherance of the general activities of the charity. 

The charity did not hold any restricted funds during the year. 

There are no endowment funds. 



## **The Shaun Woodburn Memorial Trustees** 

## **Notes to the Accounts for the year ended 30 June 2024** 

## **2 Liability to taxation** 

The trustees consider that the charity satisfies the tests ser out in paragraph 1 schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains tax received within the categoris covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 255 of the Taxation of Charitable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities. 

## **3 Winding up or dissolution of the charity** 

If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body (ies) having similar obhectives to the charity. 

## **4 Significance of financial instruments to the charity's position** 

There are no significant implications on such matters. 

## **5 The contribution of volunteers** 

The charity does not engage any volunteers 

The charity does not employee any staff 

## **6 Remuneration and payments to Trustees and persons connected with them** 

The trustees or any person connected with them do not receive any salaries or emoluments. 

## **10 Income and expenditure account summary** 

|**10 Income and expenditure account summary**||
|---|---|
|As at June 2024<br>As at July 2023<br>Distribution of funds during the year<br>Surplus after tax for the year|2023<br>4,456<br>4,456<br>4,456|
||0|



## **11 Change in total funds over the year as shown in note 10, analysed by individual funds** 

|Funds||Transfer|
|---|---|---|
|brought|Movement|between|
|forward|in funds in|funds in|
|from 2024|2024|2024|





See Note 12 

|Unrestricted and designated funds<br>Unrestricted revenue funds<br>Total unrestricted and designated funds<br>Total charity Funds|-<br>-<br>-<br>0<br>4,456<br>0|
|---|---|
||0<br>4,456<br>4,456|
|||
||0<br>0<br>0|





**The Shaun Woodburn Memorial Trustees** 

## **Notes to the Accounts for the year ended 30 June 2024** 

## **12 Analysis of movements in funds over the year as shown in Note 11** 

|Brought forward balance<br>Unrestricted revenue funds|Income<br>Expenditure<br>Other<br>Gains &<br>Losses<br>2024<br>2024<br>2024<br>4,456<br>(4,456)<br>-|
|---|---|
||4,456<br>0<br>0|



## **13 The purposes for which the funds** 

## **Unrestricted revenue funds** 

These funds are held for the meeting of the objectives of the charity and to provide reserves for the future activities and subject to charity legislation, are from all restrictions on the funds 

## **Unrestricted Revaluation Reserve** 

This fund represents the unrestricted surplus arising on the revaluation of the charity's assets 

## **Designated Fixed Asset Fund** 

The charity does not have a designated Fixed Asset Fund. 

## **Restricted Funds** 

The charity does not have any restricted funds 

## **14 Ultimate controlling party** 

The charity is under the control of its legal members 

The Scottish Charitable Incorporated Organisation is a legal form unique to Scottish Charities and is able to enter into contracts to emply staff, incur debts, own property, sue and be sued. 

It also provides a high degree of protection against liability. 



**The Shaun Woodburn Memorial Trustees** 

## **Notes to the Accounts for the year ended 30 June 2024** 

Detailed analysis of income and expenditure for the year ended 30 June 2024 as required by the SORP 2015. 

This analysis is classified by conventional nominal descriptions and not by activity 

15 Donations, Grants and Legacies 

|15 Donations, Grants and Legacies||
|---|---|
|Brought forward from 2023<br>Donations and gifts<br>Total donations and gifts<br>Grants distributed<br>Total donations grants and legacies|Current Year Current Year Current Year<br>Unrestricted<br>funds<br>Restricted<br>Funds<br>Total Funds<br>2024<br>2024<br>2024<br>£<br>£<br>£<br>4,456<br>0<br>-<br>-|
||0<br>-<br>-|
||4,456|
||0,000<br>-<br>-|





## **The Shaun Woodburn Memorial Trustees** 

## **Notes to the Accounts for the year ended 30 June 2024** 

|Activity analysis of income and expenditure for the year ended 30 June 2024<br>This analysis is classified by activity and not by conventional nominal<br>descriptions<br>16 Analysis of income by activity<br>Summary of total income, including the items above<br>Donations and legacies<br>Distribution of grants<br>Balance of funds to carry forward<br>Brought forward from 2023<br>**Activity**|2024<br>4,456<br>0<br>4,456|
|---|---|
||0|