2025-05-31-accounts - Agerume Development and Disaster Relief Initiative (SCIO)

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Docusign Envelope ID: 7A5DAE4A-DC23-45CC-BA9D-79DF787CF431

SC051626

Agerume Development and Disaster Relief Initiative (SCIO) Statement of Financial Activities

for the Year Ended 31 May 2025

INCOMING RESOURCES Incoming resouces from generated funds Voluntary Income RESOURCES EXPENDED Charitable activities Administartion Costs Goverance costs Other Resources expended Total Resources expended NET INCOMING/(OUTGOING) RESOUCES RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD	Unrestricted fund £ 19425 32309 720 33029 -13604 -33482 -47086	Restricted Year Ended Year End fund 31.05.25 31.05.24 £ £ £ 0 19425 18663 0 32309 30514 720 480 0 33029 30994 0 -13604 -12331 0 -33482 -21151 0 -47086 -33482

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Agerume Development and Disaster Relief Initiative (SCIO) Balance Sheet as at 31 May 2025

SC051626

		Unrestricted	Restricted	Year Ended	Year End
		fund	fund	31.05.25	31.05.24
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	3	669	0	669	816
CURRENT ASSETS
Cash at Bank		0	0	0	0
CREDITORS
amounts falling due
within one year	4	-47755	0	-47755	-33482
NET CURRENT ASSETS		-47755	0	-47755	-33482
TOTAL ASSETS LESS
CURRENT LIABILITIES		-47086	0	-47086	-33482
NET ASSETS		-47086	0	-47086	-33482
FUNDS	5
Brought forward				-33482
Funds for the year				-13604
TOTAL FUNDS				-47086	-33482

The financial statements were approved by the Board of Trustees on __ and were signed by:

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2/23/2026

Docusign Envelope ID: 7A5DAE4A-DC23-45CC-BA9D-79DF787CF431

SC051626

Agerume Development and Disaster Relief Initiative (SCIO)

Notes to the Financial Statements for the Period Ended 31 May 2025

1 ACCOUNTING POLICIES

Accounting Convention

The financial statements have been prepared in accordance with Accounting and Reporting by Charities Statement of Recommended Practice applicable to charaties preparing their accounts in accordance with the Financial Reporting Standards appicialbe in the UK and Republic of Ireland (FRS102) issued on 16th July 2024, the Charities and Trustees Investment (Scotland) Act 2005, and the Charities Accounts (Scotland) Regulations 2006 (as amended)

Incoming resources

All incoming resources are included on the Statement of Financial Activites when the

charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Resources Expended

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.

Tangible Fixed Assets

Assets purchased with a value of more than £500 are capitalised at cost.

Taxation

The charity is exempt from tax on its chartibale activities.

Fund accounting

Unresticted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular resticted purposes within the objects of the charity. Restictions arise when sprecified by the donor or when funds are raised for a particular restricted purpose.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2 TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 May 2023 nor for the period ended 31 May 2024

Trustees' Expenses

There were no trustees' expenses paid for the year ended 31 May 2024 nor for the period ended 31 May 2023

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SC051626

Agerume Development and Disaster Relief Initiative (SCIO)

Notes to the Financial Statements for the Period Ended 31 May 2025

3 TANGIBLE FIXED ASSETS COST At 1 Jun 2024 Additions Disposals At 31 May 2025 DEPRECIATION At 1 Jun 2024 Provide in Year Eliminate on disposal At 31 May 2025 NET BOOK VALUE At 31 May 2025 At 31 May 2024 4 CREDITORS: Amounts falling due within one year 2024 £ Other creditors 47755	Fixture and Fittings £ 1214
	1214 398 147
	545 669
	816
	2024 £ 34298

Docusign Envelope ID: 7A5DAE4A-DC23-45CC-BA9D-79DF787CF431

SC051626

Agerume Development and Disaster Relief Initiative (SCIO)

Notes to the Financial Statements for the Period Ended 31 May 2025

5 Movement in Funds

31.5.24 £ Unrestricted funds General fund -33482 TOTAL FUNDS -33482 Net movement if funds, included in athe above are as follows: Incoming Resources £ Unrestricted funds General fund 19425 Restricted funds 0 TOTAL FUNDS 19425	Net movement in funds £ -13604 -13604 Resources Expended £ 33029 0 33029	31.5.25 £ -47086
		-47086
		Movement in funds £ -13604 0
		-13604

Agerume Development and Disaster Relief Initiative (SCIO) charity Number SC051626

Independent Examiner’s Report to the Trustees Agerume Development and Disaster Relief Initiative (SCIO)

I report on the accounts of the charity for the period ending 31[st] May 2025

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 (as amended)

The charity trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the Accounts Regulation 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 examiners statement

My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended). 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 seeks 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 subsequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

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

which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulation (as amended) and
to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations (as amended) have not been met, or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

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APPENDIX 1

Reference and administration details

Charity name Agerume Development and Disaster Relief Initiative by

Names of the charity trustees on date of approval of Trustees’ Annual Report

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APPENDIX 1

Reference and administration details

Names of all other charity trustees during the period, if any, (for example, those who resigned part way through the financial period)

Name ates acted if not for whole year A vote year

Structure, governance and management

—_

Trustee recruitmentand appointment	1. The board may also at any time appoint	any non-member of
	the organisation to be a charity trustee.	2.At all AGM,
	Charity trustees can be appointed.
Objectives and activities
Charitable purposes	1. To help advance a healthy, equitable,	peaceful and secured
	environment in Scotland, and around the	world 2.To provide
	opportunities to access inclusive qualityxy	xy
Summary ofthemainactivities in relation tothese objects	To mobilise, connect, and empower young people in Scotland and Africa to actively and responsibly participate in
	progressivecommunitydevelopmentinitiatives

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APPENDIX 1 Achievements and performance

|Summaryofthemain achievements of |puring the reporting period, the organisation delivered a
the charityduring the financial period | range of charitable activities in furtherance of its stated| |---| |objectives.| |Humanitarian Support Initiatives| |The organisation conducted outreach visits to Internally| |Displaced Persons
(IDP) camps, where essential
relief| |materials were distributed to vulnerable individuals and| |families.
Support provided included clothing,
footwear,
and| |food supplies,
aimed at alleviating hardship and improving| |the immediate living conditions of beneficiaries affected by| |displacement and conflict.| |Educational and Capacity-Building Programmes| |In line with its commitment to empowerment through education,| |the organisation organised and delivered coding and digital| |skills training sessions for young professionals. These| |classes were designed to enhance participants’
technical| |competencies,
improve employability prospects,
and promote| |economic self-reliance within the communities
served.| |These activities collectively contributed to advancing the| |organisation’s humanitarian and educational
objectives during| |thefinancial
year.|

Financial review
Briefstatement ofthecharity’s policy	the charity
on reserves	financial	stability and continuity of its charitable
	activities.
Details ofany deficit
Donatedfacilitiesandservices(ifany)

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APPENDIX 1 Other optional information

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The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
—_ Zz
Fullname(s) sa
Position (e.g. Chair) | chair
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