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| |---|---|---| Docusign Envelope ID: 7A5DAE4A-DC23-45CC-BA9D-79DF787CF431 ## **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: 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 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** |**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- 1. 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 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Docusign Envelope ID: 7ASDAE4A-DC23-45CC-BA9D-79DF787CF431 ## APPENDIX 1 _--*~Periodstartdate | Period end date | Day | Month | Year | | Day__—| Month | Year __| Office of the Scottish Charity Regulator eePe le ## 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 **----- Start of picture text -----**
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Docusign Envelope ID: 7ASDAE4A-DC23-45CC-BA9D-79DF787CF431 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|| 2 Docusign Envelope ID: 7ASDAE4A-DC23-45CC-BA9D-79DF787CF431 ## 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||ty maintains a prudent reserves policy to ensure| |on reserves|financial|stability and continuity of its charitable| ||activities.|| |Details ofany deficit||| |Donatedfacilitiesandservices(ifany)||| 3 Docusign Envelope ID: 7ASDAE4A-DC23-45CC-BA9D-79DF787CF431 ## APPENDIX 1 ## Other optional information **----- Start of picture text -----**
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
**----- End of picture text -----**
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