REGISTERED CHARITY NUMBER: SC I)51303 REPORT OF THE TRUSTEES Af4D UNAUDrrED FINANCIAL STA TEMENTS FOR THE YEAR KNDF.D 31 DECEMBER 2024 FOR LETIS TALK FA￿ FERTILITY AND BIRTH SCIO LETS TALK FA￿ FERTILITY AI¥D BIRTH SCIO cor4TENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR KNDED 31 DECEMBER 2024 Pa8e Ryrt ofth¢ Tru¥¢e¢$ IndepeThdeDt ExamIne￿i Report Statsment of Flnatt¢iil A¢tlvltl IA¢e Sheet tb? Fln•nclal StAt￿A•llts De¢alled Statement of Fln*nel&l Aedvlll 10 LET'S TALK FA￿ FERTILITY AND BIRTH SCIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 The ttustres present their a]]nual report and financial siatements of the eharity for th¢ ￿riOd ¢nd¢d 31 December 2024. The financial statements have been prepar¢d in a¢¢ordanc¢ with thc accounting policies set out in not¢ I to the acrounts nd comply wilh thc charity's rrnst detd, th¢ CharitlC5 and Trustee Invcsttnent (Scorland) A¢1 21K>5, the Charitios Account6 (Scoilandl Regulations 2006 las amended) and Accounting And Reportln8 by ch￿itIeS-. Stlltcmont of Recommended Practice #pplicable to charities preparing their aetounts in accordance with the Financial Reporting Sidndard applicable in the UK and Republic of Ireland (FRS 102). 0￿ECTIVEs AND ACTIVITIES ObJ¢ctlves and *imJ Thc primary objectlV¢s of th¢ ¢I￿rity is thc advancement of hcalih Ind r¢li¢f of thos¢ in nc¢d Ihrough providing illfornial ¢ounselling and Support lo those affe¢t¢d by f¢rtility or birth i55ues and proTnotin8 discussioo understanding ol. fertility and birth issues in Scotland. The Charity exists to provide a safe spa¢¢ for those who wish to discuss their experience with fernlity or birth Issues and advance public understBnding ot'these issues. Signiflcant A¢llvltlL¥ The Charity offer5 retreat $ervic¢J lo people who are affecied by fertility or birth issU¢S. Volunteers The commi¢t¢e 18 made up mostly of members of A voluntAry MAnagemet)t Committee. ACHIEVEMENTS AND PERFORMLNCE ChArliable aetiYltleJ Let's Talk Fab - Fertility dnd Birth offer the provision of 5UPPOrt seryiccs afTecr¢d by ferrility and birth i55ues lo pcopl¢ in the central b¢lt of S¢otland. Thig area has had An underwhelming lack of support which has b¢en cxpcrienced by many and a rn8in focus for setting up ihi ¢h#ritable or¥athiSaiiun. Since it's incvrpor4110n many people have attended ihe retreats being h¢ld on a monthly basis. The retreats provide methods oll how lo manage Ihe stress and strain of fertllity and birth issue¥ Ihrough meditation and brcathing exercises whilst also b¢iDg in the Lompany of other individuals with 5irnilaT cxpcricnee$. Through participation couples have found 8ol&ce 8nd continued on their journey and we are delighted some couples hove also informed us of positive outcomes in relaiion 10 their fertility journty. FINANCIAL REVIKW PriN¢ipAI fundlng 5•11rc¢g The main fundin8 sources has becn through donati¢)ns and funds g¢nerated through sponsorship evettts. Rt5erve$ pollcy Thc ¢hiiiily have lolal tlet a$s¢tb or £40,327 12023 £33,326). This comprises £40,327 (2023 £33,326} in rela¢ion UTirestricted funds. The reserves of the Charity arc a5 described in accountin8 policies. li is the policy of the charity to build up unrestricted nds cqualed to approximatcly 3 months unT¢slri¢ted expenditUTe to provide sufficient resources lo meet ongoing projects and closu￿ cos15 if T¢qUlred. The proj¢¢¢ rs non - proflt tnaking and constantly striv¢s to mairttain cGonofflic viability- Income frorn fundraising h4s been sutTi¢i¢nt to cover costs, and all scrvic¢s provid¢d by thc organisatLOn. FUTURE PLANS The organisation are actively seeking additional funding From fundraising, govErnTntht bodics and local councils and are will to develop the seNiees offered in line with ihe ierms of these grants to cnsure payout STRUCTURE, GOVERNI ANCE AND MANAGEMENT GoverDing do¢umcnt The charity 15 controllcd by 115 goveming document. a deed of and constitutes a SCIO. Page I LET'S TALK FA￿ FERTILITY AND BIRTH SCIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER2024 STRUCTURE. GOVERNANCE AND MANAGEMENT R¢crulttN¢Mt appointment ofnew trustees The business of the project 15 ￿￿led out by a committ¢¢ Consisting of four offiec bcarcrs ond an unspecificd nutnber of ordinary members. Metnbership is open to all fouttder members of thc proj¢¢l until they r¢8ign in writing to th¢ commitree, Ihe Tnembers of the rnAnA8einent COTllmtttee shall be eleckd ai the Annual General Meeting. Th¢ ¢l¢¢ted members of the committee shall be appointed for oThe year, l￿Wever retirin8 rneTnber5 of the con)mittee sh811 be eligible for re6. An ¢xamin#iion includes a r¢vi¥w vf (h¢ dLLuunting reLurds kept by tht cbaTity and a comparison of the accounts pKs¢nted with those rccoTds. It also includcs consideration of any ut)usual ii¢ms or disclosures in ¢he accounis, and seeking explanaLion5 from you As trustees concerning any such matters. The procedures undertaken do not provide all th¢ ¢vid¢n¢¢ that would bc required in an audit, and consequently I do not express an audit opinion on the view givet) by the gccounis. Independent examlner'j ststement In ¢onn¢ction with my Examination. no rnatter ha5 Cotne to My attention . 111 which give$ me reasonable ¢wse to believe ihai. in any mat¢Tial respect, the requiremonts to keep accounting recoTd$ in accordance wilh Section 44(IXa) of ihe 2005 Act and Re8ulation 4 of the 2tx)6 Accounts Regulaiions.. and 10 prrpar¢ uLLuunls which acLurd wrih th¢ a¢¢ounting rKor(1& 4nd lo Lomply wilh Regulaiion 8 of the 2( Accounts Re8ulalions hllve not been met: or (2) 10 which. in my opinion, attention should be drawn in orderto enoble o proper understandin8 of the a¢count3 lo b¢ r¢&ched. L￿￿ ALcVUll￿ Li Block B14, B4 Summerlee Street Queen51ie Industrial Estate GIAS8OW G33 4DB CCttLINTS I..) Dote.. 2r Page 3 LET'S TALK FAB- FERTILITY AND BIRTH SCIO STATEMENT OF FtNANCIAL ACTIVITIES FOR THE YEAR ENDED 11 DECEMBER 2024 31.12.24 Unrestricted fund 31.12.23 Total nds Notes INCOME AND ENDOWMEwfs FROM DonAtions And leBacies 11,938 12.521 Other tradin8 a¢tivities InvestrtJ¢Thi income 8,753 760 40,907 Tot81 EXPENDfTURE ON Charltalyle actlvltlei Retreats Fundrai5Lng events G¢n¢r¥¢l LhiTitsble eAptr15es 14,450 25.783 22.248 400 TotAI IiYCOM 7,001 6.677 RECONCILIATION OF FUNDS Total fund5 broll8ht forward 33,326 26,649 TOTAL FUNDS CARRIED FORWARD The notes form part of the$¢ finatt¢ial st4tement5 Page 4 LET'S TALK FA￿ FERTILITY AND BtRTH SCIO BALAIYCE SHEET 31 DECEMBER 2024 31.12.24 Unr¢5tticted fund 31.12.23 Total funds Noies CUiUiKN I. ASSYETS Cash at bank 4D.-127 iYET CURREwf ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES 40,327 33.326 NET ASSETS FUryDS Unreslrjc￿d futLd5 TOTAL FUNDS y the Board of Trustees and 8uih0ri8ed for 188ue on bL,h&lf by.. The notes fonn part of these financial statements Page 5 LET'S TALK FA& FERTILITY AND BIRTH SCIO NOTES TO THE FINANCIAL STATEMENTS OR THE YEAR LNDLD31 DECEMBER 2024 ACCOUNTING POLICJLS Basis of prepgring the finan¢Sal $t#temenis Th¢ ftnanci21 statetnents of the charity. which Is a publtc benefii ¢n¢iry under FRS 102, have been prepared in accordante with the Charities gORP {FRS 1021 'Accounting and Reportin¥ by Charities.. Statement of Re¢ornmended Praaice applicable to ¢haritie5 preparing their accounts in ￿¢ar￿arKe with the Financial R¢poning Standard applicable in Ihc UK afbd Republic of Ireland IFRS 102) {effectivc l January 20191., FitJan¢ial Reporting Standard 102 'Th¢ fin&n¢ial Reporting StandaTd applicable in the UK and R￿UbliC of IrelAThd' and thc Charitics and TnJst¢¢ InvcsimcTht Iscottandl Act 2005. Th¢ finan¢i#l staiements have bccn prepared under the hi$lori¢al cost Convention. The ttustee5 consider that there are materiAI uncertainties about the chari￿5 ability to continut AS a going con¢¢Tn. I￿Orne All incLime is recognised in the Siaicmeni of Financiil Activities once the charity h48 cntiil¢m¢nl ro iiJe fvnds, it is probabl¢ that ihe in¢otne will be received and the amount ean be measured ￿lIablY,The following %pecific policies are applied to particular categories of in¢ome'.- Incomc recEived by way of grants and donotions. are included in full in th¢ slat¢meni of firbancial activiiies when reccivable. Grants, wh¢re cn¢itlctLicnt is not LunditLUIJILI on the d¢liv¢ry of a specifi¥ perfomianbe by the chority. orc r¢¢oBnis¢d whcn th¢ charity bccomcs unconditionally entitled to th¢ grani. Income is only deferred when.. The donor specifies thai the grnnt or donation musi only be used in filfure aceountin8 periods., or The donor has impos¢d cortdilions whi¢h mu61 be mei before ihe charity has unconditional entitlement. Investment income is included wh¢n re¢¢ivabl¢. F.xpenditure Liobilitie5 ar¢ r¢¢ognised as expendiwre as soon as there 18 a legal Dr constructive nhlig&linn ¢nmmittin8 the ch4Lrity to thai ¢Kpendiwre, li is probable thai & tran$fer of eKonomi¢ benefits will be required in settlement ond the amount of the obligation can be tncasured reliably. Expcnditur¢ is abLuunted for on an aicrudlb ba515 and hBs been classified undeT hcadings th&1 &￿Tegate all cost related to the CAt¢gory. Where costs cannot bc directly attributed to particular heading5 they hsve be¢n 8llocaied to 4CllVities on 4 busis ctsnsisient with the use of resources. T*x#tlon The charity is ¢x¢mpt from tax on its charitablc activilLCS. FuDd ￿¢•w￿l1DE Unresthct¢d fiind5 can be used in accordBnce with the ¢h8ri14ble objeetives At the discrction of the trustees. Resrrieied funds can only be used for particular restricted purpose5 Wlthin thc abje¢J of ihe charity- Restri¢iions arise when 5pccified by the donor or when funds are raised for PUrti¢ular restricted purposes. B2s1¢ nnlntlil Initrument5 Tradt debtors Trade debtors are amounts due from customer5 for 80(xls or services perfonned in the ordinary course or business. Trade debtors Ar¢ rc¢ognisrd initially at tlit trarLsaction priL¢. Th¢y Jr¢ 5ub¥¢4uenily measured ai amor(ised cost using the effcctivc intcrc5t mcthod. Icy5 provision for ImpaimiEni. A provision f£Trr the impairmcnt of trade debtors is establishcd when there 15 objective evidenee that the totnpBny ivill llot b¢ ablc to rollect all amount5 due a¢cording to the original tems of th¢ r¢¢¢ivables. Trade Credltors Pagc 6 continurd.-. LET'S TALK FA￿ FERTILITY AND BIRTH SCJO NOTES TO THE FINANCIAL STATEMENTS- ¢ontlnu¢d 'OR THk YEAR ENDED 31 DECEMBER2024 ACCOUNTINC POLICIES- conilnryed Basic fin*nclal In$trumtnt$ Trade oredi¢ofs are amount5 due to wppliers ftsr goods OT services obtained in rhe ordinrtry Cour5¢ of business. TTad¢ ¢reditor5 are recognised initially at the transaction price and Iubsequenily measured at arnortised cost 11sing the errcctive inrerest rn¢thod. Accounts payable arc cla55ified as cuff¢nt Iiabiliiies if the company doe% rtot hav¢ an uncoiiditional right. at the end of IhE reporting pciiod, to defer sthtlemeni of The creditor for at le￿[ twelve months after th¢ r¢porting date. If there is an un￿nditional right to dcfcr scttlemcni for al l¢&s¢ Iwrlv¢ months after the r¢porting date. they are pre8ented us non-current liobilitics. Cash Clsh and cash equivalents atc basic r]n8ncial assets and inelude cash on hand. deposits held al ¢sll with banks. oili¢r &liort-ienn liqukd invesThJ¢nls and bank overdratts. Bank ov¢rthfts aT¢ shown within borrowin¥s in ¢urreni liabtlilies. OTHER TRADILYC ACTIVITIES 31.12.24 31.12.23 Fundruising events INVESTMENT INCOME 31.12.24 31.12.23 Inler¢st r¢¢eivable- tr&ding 760 TRU.STEES' RF.MUNLRATIQN AND RV.NF.FITS Ther¢ wcre tH) tnJ¥te¢s' remuneruliun or other bcnefils for the year ended 31 December 2024 nor for th¢ year ¢nd¢d 31 Dcccmbcr 2023. Truitees, expensei There were no t￿￿tees. expenses Paid for the year ended 31 Deccmber 2024 nor for th¢ year ended 31 Dec¢mb¢r 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITILS Unrestricted fijnd INCOME AND ENDOWMENTS FROM Donutions and legocies 12,521 Other trading activities Investment income 40,907 Totsl EXPENDITURE ON Chgrltabl¢ a¢tlvltie$ Reireals Fundrai%in8 events Generdl charitabl¢ expenses 25,783 22,248 400 Total Pagc 7 coniinued... LET'S TALK FAB- FERTILITY AND BIRTH SCIO NOTF.S TO THE FINANCJAL s'fA'fEMENTS- continued FOR THE YEAR ENDED 3 I DECEMBER 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- contlnued Unrcstricled nd NET IP4COME 6.677 RECOTrICILIATION OF FUNDS Total funds brought fotivard 26,649 TOTAL FUNDS CARRIED FORWARD MOVEMENT IN FUNDS Nei movement in funds Ai 31.12.24 At 1.1.24 Unreslrlcted funds CILn¢ral ￿nd 33.326 7,001 40,327 TOTAL FUNDS Net movement in fvnds, included in the above Ire as follows: Incomin¥ resources Res()UTCe5 ¢xpended Movemeni in funds Unrestrlcted fund8 General fijnd 21,431 114,4501 7.001 TOTAL FUNDS 14,450) 7,001 ComparAtlv** for moyernent IA funds Net movement in ￿ndS At 31.12.23 Atl.1.23 Unrestrlcted fynd$ General fund 26,649 6,677 33,326 TOTAL FUNDS Pa8¢ 8 ontinucd... LET'S TALK FAB- FERTILITY AND BIRTH SCIO NOTES TO THE FINANCIAL STATEMEYTS- oontlnued FOR THE YEAR ENDED 31 DECEMBER 2024 MOVEMENT IN FUNDS- tontlnued Comparative net movement in Amd$, included in the abov¢ are as follows.. Incotning resources Resources expended Movement in fiJnd5 Unrestricted funds General ￿lld 55,108 (48,4311 6,677 TOTAL FUNDS 48431) A current year 12 months arKi prior year 12 month5 combined position 1$ AS follow$'. Nei movemcnt in fiLnd5 At 31.12.24 At 1.1.23 Unresirlcted fundi Gencral fund 26,649 13,678 40.327 TOTAL FUNDS A ¢urreni yeor 12 month5 ar]d prior y¢8r 12 monihs combined nei movement in fund6, included in th¢ obove or* as follows.. In¢oming r¢sour¢¢J Resources expKndrd Movement UAregtritted fundi General fuTKi 76,559 {62.881) 13,678 TOTAL FUNDS 62,881) RELATED PARTY DISCLOSURES There were no related parry tranwtions for the ye&r ended 31 Decembor 2024. Pa8e 9 LET'S TALK FA￿ FERTILITY AND BIRTH SCIO DETAJI,ED STATF.MEI¥T OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 31.12.24 31.12.23 INCOME AND ENDOWMENTS DoD&tlon5 legAelts Donations Gift aid 11.938 11.088 11,938 12,521 Other tr*dlng ittlvltle$ Fundraising events 8,753 40.907 IDveitmtnt Income Int¢re51 receivable- trading 760 Total In¢Trmli8 resoureei 21,451 55.108 EXPENDTTURE Ch•rltable Aetlvltl R¢tr¢ars Ball expenses Professional fees Advertisin8 Sundries 12.054 1.150 830 200 216 26,103 21,712 4(10 216 Total resources expended Net Intom• This page doE5 not fonn part of the 5taiutory financial sthtemenis Page 10