REGISTERED CHARITY NUMBER: SC051067
~~Report of the Trustees and~~ Unaudited Financial Statements for the Year Ended 30 June 2024 ~~for~~ Bornomala Aberdeen
Trust The Best, Trust in A2Z A2Z Accounting Solutions Limited 26 Grandholm Grove Aberdeen AB22 8AX
Bornomala Aberdeen
~~Report of the Trustees~~ for the Year Ended 30 June 2024
The trustees present their report with the financial statements of the charity for the year ended 30 June 2024. The trustees have adopted the provisions of 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 2019). STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number SC051067
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/ address
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— Examiner
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A2Z Accounting Solutions Limited 26 Grandholm Grove Aberdeen AB22 8AX Approved by order of the board of trustees on 28 March 2025 and signed on its behalf by:
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~~Independent Examiner's Report to the Trustees of~~ Bornomala Aberdeen
Independent examiner's report to the trustees of Bornomala Aberdeen | report to the charity trustees on my examination of the accounts of Bornomala Aberdeen (the Trust) for the year ended 30 June 2024. Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). | report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination | have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. Independent examiner's statement | have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a_ matter considered as part of an independent examination. | have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
A2Z Accounting Solutions Limited 26 Grandholm Grove Aberdeen AB22 8AX
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Bornomala Aberdeen
Statement of Financial Activities
for the Year Ended 30 June 2024
30.6.24 30.6.23 Unrestricted Total fund funds Notes £ £ INCOME AND ENDOWMENTS FROM Other trading activities 2 1,457 3,175 EXPENDITURE ON Raising funds - 2,240 Other 1,907 1,839 Total 1,907 4,079 NET INCOME/(EXPENDITURE) (450) (904) RECONCILIATION OF FUNDS Total funds brought forward 2,898 3,802 TOTAL FUNDS CARRIED FORWARD 2,448 2,898
The notes form part of these financial statements
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Bornomala Aberdeen
Statement of Financial Position
30 June 2024
| 30.6.24 | 30.6.23 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| CURRENT ASSETS | |||
| Cash in hand | 2,698 | 3,598 | |
| NET CURRENTASSETS | 2,698 | 3,598 | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | 2,698 | 3,598 | |
| CREDITORS | |||
| Amounts falling due after more than one | |||
| year | 5 | (250) | (700) |
| NETASSETS | 2,448 | 2,898 | |
| FUNDS | 6 | ||
| Unrestricted funds | 2,448 | 2,898 | |
| TOTAL FUNDS | 2,448 | 2,898 | |
| The financial statements were approved | by the Board of Trustees and authorised for | issue on |
|
| 28March2025andweresignedonitsbehalfby: |
The notes form part of these financial statements
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Bornomala Aberdeen
Notes to the Financial Statements
for the Year Ended 30 June 2024
- ACCOUNTING POLICIES
Basis of preparing the financial statements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 2019)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure 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 a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Taxation The charity is exempt from tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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continued...
Bornomala Aberdeen
Notes to the Financial Statements - continued
for the Year Ended 30 June 2024
- OTHER TRADING ACTIVITIES
30.6.24 30.6.23 £ £ School fees 1,447 2,635 Book sale 10 110 Picnic - 430 1,457 3,175
- TRUSTEES' REMUNERATION AND BENEFITS There were no trustees’ remuneration or other benefits for the year ended 30 June 2024 nor for the year ended 30 June 2023.
Trustees' expenses There were no_ trustees' expenses paid for the year ended 30 June 2024 nor for the year ended 30 June 2023. COMPARATIVES FOR THE THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricte fund £
- COMPARATIVES FOR THE THE STATEMENT OF FINANCIAL ACTIVITIES
INCOME AND ENDOWMENTS FROM
Other trading activities
3,175
EXPENDITURE ON Raising funds
Other Total
2,240 1,839 4,079
NET INCOME/(EXPENDITURE)
(904)
RECONCILIATION OF FUNDS Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
3,802 2,898
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continued...
Bornomala Aberdeen
Notes to the Financial Statements - continued
for the Year Ended 30 June 2024
- CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
| 30.6.24 | 30.6.23 | ||
|---|---|---|---|
| £ | £ | ||
| Other creditors | 250 | 700 | |
| MOVEMENT IN FUNDS | |||
| Net | |||
| movement | At | ||
| At 1.7.23 | in funds | 30.6.24 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 2,898 | (450) | 2,448 |
| TOTAL FUNDS | 2,898 | (450) | 2,448 |
| Net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 1,457 | (1,907) | (450) |
| TOTAL FUNDS | 1,457 | (1,907) | (450) |
| Comparatives for movement in funds | |||
| Net | |||
| movement | At | ||
| At 1.7.22 | in funds | 30.6.23 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 3,802 | (904) | 2,898 |
| TOTALFUNDS | 3,802 | (904) | 2,898 |
- MOVEMENT IN FUNDS
Unrestricted funds General fund TOTAL FUNDS
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continued...
Bornomala Aberdeen
Notes to the Financial Statements - continued
for the Year Ended 30 June 2024
- MOVEMENT IN FUNDS- continued
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement resources expended in funds £ £ £ 3,175 (4,079) (904) 3,175 (4,079) (904) position is as follows: Net movement At At 1.7.22 in funds 30.6.24 £ £ £ 3,802 (1,354) 2,448 3,802 (1,354) 2,448 combined net movement in Incoming Resources Movement resources expended in funds £ £ £ 4,632 (5,986) (1,354) 4,632 (5,986) (1,354)
Unrestricted funds General fund
TOTAL FUNDS
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
TOTAL FUNDS
A current year 12 months and prior year 12 months combined net movement in included in the above are as follows:
funds,
Unrestricted funds General fund
TOTAL FUNDS
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continued...
Bornomala Aberdeen
Notes to the Financial Statements - continued
for the Year Ended 30 June 2024
- RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 June 2024.
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Bornomala Aberdeen
Detailed Statement of Financial Activities
for the Year Ended 30 June 2024
30.6.24 30.6.23 £ £ INCOME AND ENDOWMENTS Other trading activities School fees 1,447 2,635 Book sale 10 110 Picnic - 430 1,457 3,175 Total incoming resources 1,457 3,175 EXPENDITURE Other Venue hire - 900 Picnic - 400 Printing - 161 AGM 33 28 33 1,489 Support costs Management Wages 1,624 2,240 Other Accountancy 250 350 Total resources expended 1,907 4,079 Net expenditure (450) (904)
This page does not form part of the statutory financial statements
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Bornomala Aberdeen
Contents of the Financial Statements for the Year Ended 30 June 2024
Page
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Statement of Financial Position
Notes to the Financial Statements
Detailed Statement of Financial Activities
1
2
3
4
5 to 9
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