Charlty reg15tration nurnber SC051965 (Scotlandl
FERSANDS & FOUNTAIN SCIO
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

FERSANDS & FOUNTAIN SCIO
LEGAL AND ADMINISTRATIVE INFORMATION
Trurtees
IAppointed 17 March 2025)
Charity number (Scotlandl
SC051965
Prlnclpal address
Woodside Fountial Centre
Marquis Road
Aberdeenshire
Scotland
A824 2QY
l Audltor
Whitelaw Wells
9 Ainslie Place
Edinburgh
EH3 6AT
Key Managment Pesonnel

FERSANDS & FOUNTAIN SCIO
CONTENTS
Page
Trustees report
Statement of Trustees responsibilities
Independent auditor's report
9-11
Statement of finan¢lal activlties
12
St8teme.-It Gt lin< .'cjal pgsition
13
Statement of cash flows
14
Notes to the financlal statement5
15-31

FERSANDS & FOUNTAIN SCIO
TRUSTEES REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policie5 set out in note I to the financial
statements and comply with the Charity's governing document, the Charities and Trustee Investment1Scotlandl Act 2005. the
Charities Accounts Iscotlandl Regulations 2006 135 amended) and "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 IFRS 1021 (effective l January 20191"
Oblectlve5 and artivities
The aim of Project is to promote the benefit of the Fersartrds & Fountain Community by associating the local authorities.
voluntary organisations and inhabitants in a common effort to advance education and provide facilities, in the interest of
social welfare, for recreation and other leisure time occupation with the object of Improving the condition5 of life for the
aforementioned inhabitants and in furtherance thereof.
,Ir..

FERSANDS & FOUNTAIN SCIO
TRUSTEES REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Adult Advice and Information Servcies
The Project staff at the community office are often the first port of call for people with questions they need answered or in
search of help.
We often si8nPOSt people with more complex issues to other agencies and support networks such as Citizen Advice and
Pathways for people searching for employment.
The weekly free bus for shoppers has been running for over a year with our volunteer driver Ken. Seats are available every
Friday morning.
The Free press has three issues printed every year and each one 15 delivered to all households in Woodside. Local volunteers
try to find interesting stories and articles to keep the Woodside readers informed.
Adult work-wellbeing and1501ation
The Ukrainian Band meet at the centre twice a week with their muslcians. We have been supporting the group to become
more formalised, adopt a constitution and open bank account, 50 they can begin to raise money to help pay for rent and
equipment.
Art & craft clas5 meet every Thursd3y and sometimes have over ten members attending. The dance fitness class ZUMBA runs
on Friday morning at the centre, and everyone is welcome.
Language cafe busy group offere a safe place for people to come and practice their English language. Our workers and
.*Jf . volunteers organise a programmo that encourages discussion about various subjects.
Ycuth Wopk
-, his year there were SUJ)Stantial ihanges in the youth work a5 all thts groups were transported to a new base at the Woodside
..FoiJntali'. Ll.ntre.. Youth participated in designing the new space '.iicking out equipment which made the move and easier
-[. l£.1 pfoci Fs ftsr them ai)d now love the new premises. I'hore are lon¢.. .'E4 m plsns LO mako the area more self-contained with easy
access to own kitchen.
(Ir We are giving time to build groups and get all young people in the ai ea. known to the new comfortable, colourful, safe space.
Junlor Club
We employ a team of workers to offer fun educational and social activities to all 5-12-year-olds in the community. We offer 4
groups for 50+ children per week. Highlights of the programme this year have been visits from Science Centre. Rugby and
Curling sessions with Sport Aberdeen and made our own talent shows.
Famlly Centre
The family centre offers a flexible service that is best for each family and this year we started offering our first places for 9-
3pm. We will review this in March and see how it is working for parents. children and the team. We are currently experiencin8
our busiest ever time at Nursery with forty-six Children attending every day. We continue to offer essential early intervention
services that identify and address developmental needs. even though the numbers ore rising. we will continue to meet the
challenges head.
Pantry
The pontry ha5 been going for several years now with over 80 local members shoppin8 weekly. With continuous support from
CFINE and ACC we can provide a free shopping experience for our members for up to 3 months a year.

FERSANDS & FOUNTAIN SCIO
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Charlty Shop
By providing this shop it enables us to offer an affordable option to e55ential good5 like homeware and clothing, as well as
offering volunteering opportunities and raising vital funds to help us continue our services.
We are always looking for donations of clothing, toys, furniture, and Homeware. We will also take electrical goods and have
them PAT tested for resale.
Fersand5 Café
We run the café Monday and Tuesday and we employ café manager and a small team of volunteers who will help make the
changes we need.
Achievements and Performance
Adult Work and learning, Advice and Information Servlces
We Still have a strong Art & Craft group meeting every week to experiment and increase their skills In a range of craft materials
and medium5. Ten members have been meeting and creating pieces that can be sold at gala days and community events to
bring money back to the group. This is a voluntarily run group with members taking responsibility to make plans and activities
open to the community. Visitors to the centre can see of their wonderful and creative art work decorating the corridors. Our
Zumba class offers energetic and fun exercise sessions open to all fitness levels and dance abilities. Come and have fun with
friends, meet new people, and feel better.
Youth Work
A youth work summer programme was Jrganised for 12-18 yr olds. Thirty-two youths signed up to 13 activities and outings
Including Balmedie, Dundee Swimming, Paddleboarding, Go l%artin& Bowling, and hill walking. We joined groups together to
pnahle reridoniial irips to Abernpthy. The girl's group of 8 and Bovi group of l&,F5tsyed at Abernethy for two separate trips.
t. t?1 a i.14.Ille warkp.4 with.lJfban Uprising and Tran51tion Extreme to offer Il fJ-',ieek proÈrammed local 'iDuth5. The activity Centred ¢
3.. rAersr)rbal devglopment and ,youths gaining life skills, The R mèip oims were tci jK're35e conbidence, increase resilience and
increase physical ailivities.

FERSANDS & FOUNTAIN SCIO
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Junior Club
This service for five- to twelve-year-olds have always been an important part of our project. By providing free attractive
opportunities where all young people can take part in artivities that inform them, challenge them, and make them work
together , we reduced inequality- We help children and familie5 new to the area integrate quickly with new friend5. By
providing free children'5 activitie5. residential experiences we give entertainment and joy for young people but also take
pre55ure off parents a5 they do not have to find money to keep children busy. We give children something to look forward to
every week. We involve parents and build relations that help us offer more support to parents in most need when required.
Famlly Centre
The biggest difference to the Family Centre this year has been the opening of the new garden area. All the children have loved
choosing to spend more time outside in the stimulating play spaces. Kids are getting more fresh air, using their imagination.
being creative. assessin8 risks, communicating with each other, and having great fun.
Pantry
The pantry service brings people together from all over Woodside and offers something to many families from all diverse
background5 and shows how diverse our community is. Currently we have over 15 nationalities using the service.
The Pantry concept was to offer an alternative to food banks, although they can help Sn an emergency, they do not work long
term and become dependent on the mind for some it has stigma attached.
This Is an alternative solution offering people choice and dignity as all members get the shopping experience while choosing
what they want . It can save families considerable money from their weekly food shops helping them cope better on a tight
budget.
."ersan6r Lafé and Charity Shop
In April one of Odr 'iolunteers become the cafe manager and they now support a small team of volunteers to ensure the
moothKunning of our c"
-fe. From the 1st of.july we put on a sniall Ci'arge of .￿..50p?￿l7neal to enable. LIS to continue offering" .
a faniast c service to the community.
y providing charity shop it enables us to offer an affordable option to essential goods like homeware and clothing, as well as
offering volunteering opportunities and raising vitsl funds to help us continue our services.
Flnanclal review
Prlnclpal funding sources
The principal funding sources for the charity is currently by way of grant and contract income from Aberdeen City Council.
The Charity has received funding from the following during the year-_
Aberdeen City Council
Aberdeen Early Years Childcare Partnership
Fairer Aberdeen Fund
Northsound Cash for Kid5
Youthlink Scotland
NHS Grampian
BBC Children in Need
STV Appeal
Robertson Trust
Lottery
Growgreen Scotland
TESCO
CFINE
ASDA

FERSANDS & FOUNTAIN SCIO
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Reserves policy
It is policy of the charity to spend all of its annual grants in furthering the aims and objectives of the Project within the year.
Only parts of the building fund which is allocated for future building expenditure may be used for different purp05e5 if the
Committee unanimously agree at special meeting.
The charity ha5 considered the reserves required and have taken into account their current and future liabilities. The trustees
aim to maintsin free reserves in unrestricted funds at a level which equates to approximately three months of unrestricted
charitable expenditure which is approximately £120,000. The trustees consider that this level will provide sufficient fund5 to
respond to application5 for grants and ensure that support and governance costs are covered.
The balance held as unre5tritted funds at 31 March 2025 was £226,23812024.. £167,810> and the balance held for restricted
fund5 was £271,10712024.. £230,673). There are £221,142, 12024.. £180,479) which all are regarded as free reserves, after
allowin8 for funds tied up in tangible fixed assets and investments and designated funds. Actual 3 month cash payments
totalled £153,078,12024..£145,8621.
Rlsks
The Trustees regularly review the major risks to which the Project is exposed and where necessary procedures have been
established to mitigate those risks.
The principle risks identified for the Project and actlon tn mitigate these rlsks. are as follows..
Income and Flnanclal Sustainability.
The org.?nisation will review its iiicome and reserves to ensure it is able to achieve it5 Strategic objertives and maintain its
, operations. Significant external risks to funding have led to the continued dive(sjficgtion of funding and activities.
Governance
The organisation ensures that we have adequate governance at the marnagement committee, senior management and
operational levels. Identify any conflicts of interest and place procedure5 to resolve.
Safeguardin8
We ensure that all staff and volunteers that have contact with vulnerable person have an up to date PVG certiftcation and
ensure that two references are taken for any new employees.
Cyber securlty
We have engaged with the local IT firm North East Periphera15 Ltd for repairs and security problems. We are using Norton
Security for internet and devices securitv.
Data protection and GDPR
Ensure that policies and procedures are up to dated and every person in organisation complies with legislation.

FERSANDS & FOUNTAIN SCIO
TRUSTEES REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Plans for future perlods
The project wlll continue to provide services for the local communlty in cooperatlon wlth Aberdeen Clty Councll.
We need to need to secure a lon8 term agreement on our accommodatlon and work wlth Aberdeen Clty Councll to reach an
a8reeable solution to the management of Woodside Fountaln Centre. This will lead us to further develop our lease
agreements and look at possible income from lettin8 Out space.
We plan to contlnue to support the Family Centre and Nursery. We have several new chlldren and famllies every year, and we
need to ensure they have a good introduction to the services so we can build numbers and secure funding at the same time a5
offering a hi8h-quality service.
The cafe service will be re¥iewed to look at costs of employlng a cook and the long-tem viabllity. Youth work and Junior Club
funding will be di5CUssed. We will develop work plans for each area of work. We will look at the Pantry and Charity shop to see
if we can further develop these servlces or generate more income.
Strurture. Éovernance and m4nazement
Fersands and Fountain SCIO was incorporated as a Scottish Charitsble Organlsation and was recognlsed by OSCR as a charity
wlth effect from the 01 April 2023. The charity Is administrated in accordance with the term5 of its constitution.
p% 'who served during the year and up to the date of signature of the financial statement5 were..
(Appointed 17 March 20251

FERSANDS & FOUNTAIN SCIO
TRUSTEES REPORT (CONnNUED)
FOR THE YEAR ENDED 31 MARCH2025
Recrultment ond appolntment of trustees
All mana8ement committee members are elected from publSc meeting held every 18 months as stated Sn the constitutlon.
All members of the community covered by the document l.e. Sandiland Drlve. Ferrier Crescent, Ferrier Gardens, Marquis
Road. 8arron St￿et, L¢)wer Westefn Road, 302-354 Great Northern Road and 7 St Machar Drive will be entitled to be
nominated for elertion.
The organi￿tIon partlcularly welcomes nominations by services users who have an interest and undetstanding of the Project.
No employees of the OTganisation can be elected to the committee.
Trustees of the SCIO can be elected at the annual AGM & Election. All trustees must be over 16 and live within the
organisation boundaries.
Once elected the trusiee5 will meet with the Project Coordinator and go through the Tru5tee5 "Code Of Conduct" which
dlscusses the roles and responsibilities of trustees Wlthin the Fersands and Fountain SCIO.
The trustees meet every month to discuss mana8ement 155ue5 and training may be or8anized at the request of the Trustees.
Trustees with the role of Chair or Treasurer will be offered separate traiF)in8 on thelr roles. All Trustees will be asked to
complete PVG check5. All trustees will sign confidentiality agreements. After 12 months the Trustees will resign at the AGM
but may be re elected.
Orgonisotlonol structure
The charity trustees for the purpose of charity law are known as members of the Management Committee. Under the
requirements of the constitution. the members of the Management Committee are elected to serve 18 month5 as stated in
the constitution.
All member5 of the Management Committee wlll be Invited to a monthly meeting to deal wlth the business of the Prolect. Sub
8roups will be formed where members can discuss issues and gather information before monthly meetings. All members will
be invited to meet the Coordlnator to dlscuss Committee Busines5 before or after meetings.
Related Partles
During the year, no120241- nol trustee wa5 reimbursed expenses of £nil (2024- £Nill
The Trustees report was approved by the Board of Trustees.
Trustee
Date: .

FERSANDS & FOUNTAIN SCIO
STATEMENT OF TRUSTEES RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2025
Trurtees, ￿spOnsIbl11t1eS in relatlon to the flnancial statements
The Trustees are responsible for preparing the Trustees Report and the financial statements in accordance with applicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in Scotland requires the Trustees to prepare financial statements for each financial year which
give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the
Charity for that year.
In preparing these financial Statements, the Trustees are required to..
select suitable accountin8 policies and then apply them consistentlv,.
observe the methods and principles in the Charities SORP:
make judgements and e5timate5 that are reasonable and prudent-
State whether applicable accounting Standards have been followed, subject to any material departures disclosed and
explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will
continue in operation.
The Tru5tee5 are responsible for keeping sufficient accounting records that distlose with reasonable accuracy at any time the
financial position of the Charity and enable them to ensure that the fiftan¢ial statements comply with the Charities and
Trustee Investment (Scotlandl Act 2005, the Charities Atcounts Iscotlandl Regulations 2006 las amended) and the provisions
of the trust deed. They are also responsible for Safeguarding the 055ets of the Charity and hence for taking reasonable steps
for the prevention and detection of fraud and other irregularities.
ststement as to disclosure of information to audltors
So far as the trustees are aware, there is no relevant audit information of which the charity's auditors are unaware, and each
trustee has taken all the steps they ought to have taken as a trustee in order to make themselves aware of any relevant audit
information and to establish that the Charity's auditors are aware of that information.
The law applicable to charities in Scotland requires the Trustees to prepare financial statements for each financial year which
give a true and fair view of the state of affairs of the Charity and of the incomin8 resources and application of resources of the
Charity for that year.
In preparing these financial statements, the Trustees are required to:
select suitable accounting policies and then apply them consistently,.
observe the methods and principles in the Charities SORP,.
make judgements and estimates that are reasonable and prudent:
state whether applicable accounting standards have been followed. Subject to any material departure5 disclosed and
explained in the financial statement5,' and
prepare the financial statements on the going concern ba515 unless it is inappropriate to presume that the charity wlll
continue in operation.
The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the
financial position of the Charity and enable them to ensure that the financial statements comply with the Charities and
Trustee Investment (Scotlandl Act 2005. the Charities Accounts (Scotlandl Regulations 2006 and the provision5 of the trust
deed. 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.

FERSANDS & FOUNTAIN SCIO
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF FERSANDS & FOUNTAIN SCIO
Opinion
We have audited the financial statements of Fersands & Fountain SCIO (the 'Charity'l for the year ended 31 March 2025 whlch
comprise Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and notes to the financial
statements, including a Summary of significant accounting policies. The financial reporting framework that has been applied
in their preparation is applicable law and United Kingdom Actounting Standards. Including FR5102 'The Financial Reporting
Standard applicable in the UK and Republic of Ireland Iunited Kingdom Generally Accepted Accounting Practice).
In our opinion. the financial statements-.
give a true and fair view of the state of the charity's affair5 as at 31 March 2025 and of its incoming resources and
application of resources. for the year then ended,.
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the Charitie5 and Trustee Investment (Scotlandl Act 2005 and regulation 8 of
the Charities Accounts (Scotlandl Regulation5 2006.
Basi5 for oplnion
We conducted our audit in accordance wtth the Internationol Standards on Auditing IUKI IISAS IUKII and applicable law. Our
responsibilities under those standards are further described in the Auditor's respon5ibilitie5 for the audit of the financial
statements section of our report. We are independent of the charity in accordance with the ethical requirements that are
relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other
ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is
sufficient and aDpropriate to provide a basis for our opinion.
Concluslons relatin8 to going concern
We have nothing to report in respect of the following matters in relation to which the ISAS IUKI require us to ￿pOrt So you
where:
the Tru5tees' use of the going concem basis of accounting in the Pfeparation of the financial statements is not appropriate,.
or
the Trustees. have not di5c105ed in the financial statements any identified material uncertainties that may cast significant
doubt about the charity's ability to continue to adopt the going concern basis of accounting for a period of at least twelve
months from the date when the financial statements are authorised for issue.
Other Inforn)atlon
The other information comprises the information in the annual report, other than the financial statements and our auditor's
report thereon. The trustees are responsible for the other information. Our opinion on the financial statements doe5 not cover
the other information and we do not express any form of assurance conclusion thereon.
Our responsibility is to read the other information and, in doing so, consider whether the other information is materially
inconsistent with the financial Statements or our knowledge obtained in the audit or otherwise appears to be materially
mi55tated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine
whether there is a material misstatement in the financial statements or a material misstatement of the other information. If.
based on the work we have performed, we conclude that there is a material misstatement of this other inforrnation, we are
required to report that fact.
We have nothing to report in this re8ard.

FERSANDS & FOUNTAIN SCIO
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF FERSANDS & FOUNTAIN SCIO
Matters on whlch we are ￿qUIred to report by exceptlon
We have nothing to report in respect of the following matters in relation to which the Charities Accounts Iscotlandl
Regulations 2006 require5 US to report to you if, in our opinion..
the information given in the Trustees, report is Inconsistent in any material respect with the financial statements. or
sufficient accounting records have not been kept,. or
the financial statements are not in agreement with the accounting records and returns. or
we have not received all the information and explanations we require for our audit.
Responslbilitie5 of Tru5tee5
As explained more fully in the Trustees, responsibility statement set out on page 8, the Trustees are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control
as the Trustees determine is necessary to enable the preparation of financial statements that are free from material
misstatement, whether due to fraud or error.
In preparing the financial statements. the Trustees are responsible for a55e55ing the charity's ability to continue as a going
concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unle55 the
Trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do 50:
Audltor'5 respon5ibllitie5 for the audit of the financial statement5
We have been appointed as auditor under section 44llllcl of ike Charities and Trustee Investment Iscotlandl Act 2005 and
report in accordance with the Act and relevant regulations made or havin8 effect thereunder.
Our objective5 are to obtain reasonable a55urance about whether the financial statements as a whole are free from material
misstatement, whether due to fraud or error, and to issue an auditor's report that include5 Our opinion. Reasonable a55urance
is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS IUKI will always detect
material misstatement when it exi5t5. Mi55tatements cèn arise from fraud or efror and afe considered material if, individually
or in the aggregate, they could re050nably be expected to influence the economic decisions of users taken on the basis of
these financial statements.
The extent to which our procedures are capable of deterting irregularitie5. including fraud 15 detailed below:
Irregularities, including fraud, are instances of non-compliance with laws and re8ulations. We design procedures in line with
our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to
which our procedures are capable of detecting irregularities. including fraud is detailed below:
Irregularities that result from fraud are inherently more difficult to detect than irregularities that result from error.
From enquiries of those charged with governance, it was determined that the risk of material misstatement from fraud was
low with little scope for fraud to occur. Our audit testing is designed to detect material misstatements from fraud where there
is not high level collusiors.
Our audit testing was designed to detect material misstatements from other irregularities that result from error where there is
not high level concealment of the error. In this regard the following audit work was undertaken.. applicable laws and
regulations were reviewed and discussed with management-, senior management meeting minutes were reviewed- internal
ontrols were reviewed,. and journals were reviewed. From this audit testing It was determined that the risk of material
rni5Statement in this regard was low.
We carried income testing and expenditure testing which was designed to identify any irregularities as a result of simple
mistakes or human error. From this audit testing it was determined that the risk of material mi5Statement in this regard was
low.
10-

FERSANDS & FOUNTAIN SCIO
INDEPENDENT AUDITOR'S REPORT (CONTINUEDI
TO THE TRUSTEES OF FERSANDS & FOUNTAIN SCIO
A further descrlption of our responsibilities is avallable on the Financial Reportln8 Counclvs webslte at.. https.'11
vn¥w.frc.or8.uk/auditorsresponslbllitles. This descrlption forms part of our audltor's report.
This report Is made solely to the charity's Trustees, as a body* in accordance with sectlon 44 (1) Icl of the Charlties and Trustee
Investment {Scotland) Att 2005 and regulation 10 of the Charities Accounts Ikotlandl Regulations 21))6 las amended). Our
audit work has been undertaken so that we might state to the charity's Trustees those matters we are required to state to
them in an audiiors, report and for no other purpose. To the fullest extent permitted by law. we do not accept or assurne
responsibility to anyone other than the charity and its Trustees as a body, for our audlt work. for this ￿ port. or for the
opinions we have formed.
Whitelaw Wells
Staturory Auditor
9 Ainslie Place
Edinburgh
EH3 6AT
Whitelaw Wells is eli8ible for appointment a5 auditor of the Charity by virtue of its eligibility for appointment as auditor of a
company under sertion 1212 of the Companles Act 2006.
11

FERSANDS & FOUNTAIN SCIO
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
Unrestrlcted
fund5
2025
Restrlcted
funds
2025
Totsl
Unrestrlcted
funds
2024
Restrlrted
funds
2024
Total
2025
2024
Notes
In¢ome and endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Other income
308,488
30,428
9.048
7,893
352,930
661,418
30,428
9.048
7.893
273,561
32,009
2,427
4,170
316,490
860
590,051
32,869
4,946
4.170
2,519
Totsl Income
364.857
352,930
717,787
312.167
319,869
632.036
Expenditure on:
Charitable activities
283,287
335,638
618,925
339,103
245,449
584.552
Total exp￿￿d•ture
283,287
335,638
618,925
339,103
245,449
584,552
Net Income
81.570
17,292
98.862
126,9361
74,420
47.484
Transfers between funds
123,1421
23,142
14031
403
Net movement In funds
io
58.428
40,434
98.862
127.3391
74,823
47,484
Reconciliatlon of funds:
Fund balances at l April 2024
167,810
230,673
398,483
195,149
155,850
350,999
Fund balances at 31 March 2025
226,238
271.107
497,345
167.810
230,673
398,483
The statement of financial activities include5 all gains and losses recognised in the year. All income and expenditure derive
from continuing activities.
12-

FERSANDS & FOUNTAIN SCIO
STATEMENT OF FINANCIAL POSITION
ASAT31 MARCH 2025
2025
2024
Notes
Flxed assets
Property, plant and equipment
14
159,446
103.826
Current assets
Trnde and other receivables
Cash at bank and in hand
15
1,874
447,433
1.955
416,957
449,307
1111.4081
418,912
1124,2551
Current liabilities
16
Net current assets
337,899
294,657
Total assets less current liabilities
497,345
398,483
The funds of the Charlty
Restricted income funds
Unrestrirted fun('S
19
20
271.107
226,238
230,673
167,810
497,345
398,483
The financial statemeryts were approved by the Trustees on
Trustee
Trustee
13-

FERSANDS & FOUNTAIN SCIO
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
2025
2024
Notes
Cash flows from operatSng activltles
Cash generated from operations
25
76.552
69,603
Invest5ng artlvltles
Purchase of property, plant and equipment
Proceeds from disposal of property, plant and
equipment
Investment income received
162.9691
190.256)
7,893
4.170
Net cash used In Investin8 artlvltles
146,0761
186,0861
Net Cash used in financing artlvitles
Net Increase/{decreasel in cash and cash equivalents
30,476
116,483)
Cash and cash equivalents at beginning of year
416,957
433.439
Cash and cash equlvalents at end of year
447,433
416,957
14-

FERSANDS & FOUNTAIN SCIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng polScles
Charlty Informailon
Fersands & Fountain is a Scottish Charitable Incorporated Organisation ISCIOI.
1.1 Accounting conventlon
The financial statements have been prepared in accordance with the Charity's 8overnin8 document, the Charities and
Trustee Investment IS¢otlandl Act 2005, the Charities Accounts (Scotlandl Regulations 2006 las amended) and
"Accounting and Reporting by Charities.. Statement of Recomrnended Pra¢tice applicable to charities preparing their
account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021
(effective l January 20191" The Charity is a Public Benefit Entity as defined by FRSIO2.
The financial statements are prepared in sterling. which is the functional currency of the Charity. Monetary amounts In
these financial statements are rounded to the nearest £,
The financial statements have been prepared under the historical cost convention The principal accounting policies
adopted are Set out below.
1.2 Golng concern
At the time of approving the financial statements, the Trustee5 have a reasonable expertation that the Charity has
adequate resources to continue in operational existence for the foreseeable future. The charity has prepared forecasts
which demonstrate that the charity can meet its liabilities a5 they fall due for at least the next twelve months. Thu5 the
Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charltable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charltable objectives.
Designated funds are available for use at the discretion of the Trustees in furtherance of their specific charitable
activities.
Restrirted funds are subject to specific conditions by donor5 or grantors as to how they may be used. The purposes and
Use5 of the restricted funds are set out in the notes to the financial statements.
Endowment lunds are subjert to specific conditions by donors that the capital must be maintained by the Charity.
1.4 Income
Income is re¢ognised when the Charity is legally entitled to it after any performance conditions have been met. the
amounts Can be measured reliably. and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the Charity bas been notified of the
donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to
donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Le8acies are recoBnised on receipt or otherwise if the Charity has been notified of an impending distribution. the
amount is known, and receipt is expected. If the amount is not known. the legacy is treated as a contingent asset.
15-

FERSANDS & FOUNTAIN SCIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies
{Continuedl
l.S Expendlture
Expenditure is reco8nised once there is a legal or constructive obligatlon to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of dirert costs and shared costs,
including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated
dirertly to that activity. Shared costs which contribute to more than one activity and support costs which are not
attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources.
Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the
asset's Use.
1.6 Property, plant and equlpment
Property, plant and eqtsipment are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Expenditure greater than £1,500 15 capitalised.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful
lives on the following bases-
Leasehold Improvements
Fixtures and fittings
Motor vehicle5
2% Straight line
25% on cost
25% on cost
1.7 Impairment of non-current assets
At each reporting end date, the Charity reviews the carrwng amount5 of it5 tangible assets to determine whether there
is any indication that those assets have suffered an impairment 1055. If any Such indication exists, the recoverable
amount of the asset Is estimated in order to determine the extent of the impairment1055 lif any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with bank5, Other short-term liquid investment5
with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowin85 in
current liabilities.
1.9 Flnanclal Instruments
The Charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther
Financial Instruments Issues, of FRS 102 to all of its financial instrument5.
Financial instruments are recognised In the Charity's balance sheet when the Charity becomes party to the contrartual
provisions of the instrument.
Financial assets and liabilities are offset, with the net amount5 presented in the financial statements. when there is a
legally enforceable right to set off the recognised amounts and there 15 an intention to settle on a net basis or to realise
the a55et and settle the liability 5imultaneou51v.
16-

FERSANDS & FOUNTAIN SCIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Accountin8 policles
(Continued)
Baslcflnanclal ossets
Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest
method unless the arrangement constitutes a financing transattion, where the transaction is measured at the present
value of the future receipts discounted at a market rate of interest. Financial assets classified a5 receivable within one
year are not amortised.
8aslcAlnanclol Ilobllltles
Basic financial liabilities, including trade and other payables and bank loan5 are initially recognised at transaction price
unless the arran8ement constitutes a financing transaction, where the debt instrument is measured at the present value
of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year
are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade payables are obligation5 to pay for goods or services that have been acquired in the ordinary course of operation5
from suppliers. Amounts payabSe are cla55ified as current liabilities if payment is due within one year or less. If not, they
are presented as non-current liabilities. Trade payables are recognised initially at transaction prlce and subsequently
measured at amortlsed cost using the effective interest method.
Derecoqnltlon olfinan¢ial Ilobilitie5
Financial liabilities are derecognised when the Chariws contrartual obligations expire or are discharged or cancelled.
1.10 Employee benefrts
The cost of any unused hollday entitlement is recognised in the period in which the employee's services are received.
Termination benefits are recognised immediately a5 an expense when the Charity is demonstrably committed to
terminate the employment of an employee or to provide termination beneflts.
1.11 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
1.12 Leases
Rentals payable under operating leases, including any lease incentives received, are charged to profst or loss on a
straight line basis over the term of the relevant lease except where another more systematic basis is more
representative of time pattern in which economi¢ benefits from the lease asset are consumed.
Crltlcal accounting estimates and Judgements
In the application of the Charity's accounting policies, the Trustees are required to make judgements, estimates and
assumptions about the Carrying amount of assets and liabilities that are not readily apparent from other source5. The
estimates and associated assumptions are based on historical experience and other factors that are considered to be
relevant. Actual results may differ from these estimates.
The estimates and underlying a55umptions are reviewed on an on80in8 basis. Revisions to accountin8 estimates are
recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of
the revision and future periods where the revision affects both current and future periods.
17-

FERSANDS & FOUNTAIN SCIO
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Income from donatlons and legacl
Unrestricted
funds
Restricted
funds
Total
Unrestrlrted
funds
2024
Restricted
funds
2024
Total
2025
2025
2025
2024
Donations and gifts
Grants
6,462
302.026
6,462
654,956
3,265
270.296
1,463
315,027
4,728
585.323
352.930
308,488
352,930
661,418
273,561
316,490
590.051
Grants recelvable for core actlvltles
Aberdeen Community
Council
Northsound
STV
The Robertson Trust
Fairer Scotland Fund
National Lottery
NHS Grampian
Garfield Weston
BBC
Khyber
Electrical Safety
Turcon Connell
Other
282,426
257,477
9,797
2,000
539,903
9,797
250,545
ioi
228,844
234
479.389
335
18.000
18,CrtJO
5,470
63,859
18.000
1,650
18,000
5.150
43,795
12.600
680
5,470
63,859
3,500
43,795
12,6C
680
14,024
468
I,l(Kl
1,100
1,1
14,077
14,077
14.024
468
I,ioo
250
750
3,782
3.782
302,026
352,930
654,956
270.296
315,027
585,323
Income from charitsble artlvltles
Unrestrlcted
funds
2025
Restrltted
fvnds
2025
Total
Unrestricted
funds
2024
Restrltted
funds
2024
Total
2025
2024
Cafe intome
Shop income
Pantry income
Other income
5,954
8.495
10,626
5,353
5,954
8.495
10,626
5,353
4.417
4.698
7,935
14,959
4,417
4,698
7,935
15,819
860
30,428
30,428
32,009
860
32,869
18-

FERSANDS & FOUNTAIN SCIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Income from other trading aetlvities
Unrestrirted
funds
2025
Restrlcted
funds
2025
Total
Unrestrlcted
funds
2024
Restrlcted
funds
2024
Total
2025
2024
Fundraising events
9,048
9,048
2.427
2,519
4,946
Income from investments
Unrestrlcted
funds
2025
Unrestrirted
funds
2024
Interest receivable
7,893
4,170
Other Income
Unrestricted
funds
Unrestrirted
funds
1025
2024
Net gain on disposal of tangible fixed assets
9,000
19-

FERSANDS & FOUNTAIN SCIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Charltable actlvltles
Charitsble
Charltable
Charitsble
Charitable
Expenditure Expenditure Expenditure Expenditure
General Family CentTe
Project
Pantry
Total
2025
Total
2024
2025
2025
2025
2025
Staff costs
Depreciation and impairment
Purchases
Insurance
Telephone
Office costs
Outside funding expenese
Training
Fundraising expenses
Other expen5e5
Repairs
Nurserysnacks
Trips & outings
Travel expenditure
183,801
7,349
172
293.891
9,903
487,595
7,349
172
3.836
420
5,544
53,181
3,966
900
470.263
1,099
1,918
60
152
1,918
360
5,392
3,593
841
6.235
49,720
4,606
830
11,989
5,931
11,734
3,102
4.649
53,181
2,183
1,783
881
10,410
5,645
7.83S
580
5,041
1,931
16.332
7,576
16,313
580
4,448
8,478
4,448
250,732
322,674
26,328
8,478
608,212
574,592
Share of governance costs
Isee note 91
5,340
5,373
10,713
9,960
250.732
328,014
31,701
8,478
618,925
584.552
Analysis by fund
Unrestricted funds
Restricted funds
183,945
66,787
59,163
268,851
31.701
8,478
283,287
335.638
339,103
245,449
250,732
328.014
31,701
8,478
618,925
584,552
-20-

FERSANDS & FOUNTAIN SCIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
CharStable actlvities
Iconlinuedl
For the year ended 31 March 2024
Charftable
Charltable
Charbtable
Charitable
Ejtpenditure Expenditure Expenditure Expenditure
General Famlly Centre
Project
Pantry
Total
Z024
Staff costs
Depreciation and impairment
Insurance
Telephone
Office costs
Outside funding expenese
Training
Fundraising expenses
Other expenses
Repairs
Nursery snacks
Trips & outings
Travel expenditure
282
1,099
272,014
197,967
470,263
1,099
3,593
841
6,235
49,720
4,606
830
11.989
5,931
11,734
3.102
4,649
2,446
80
1,147
761
6,235
49,720
1.247
3,359
830
295
5,831
4,536
7.410
575
S,863
1,395
4,324
2,527
4,649
59,402
294,139
216,727
4,324
574.592
Share of governance costs (see note 91
4,980
4.980
9,960
59,402
299,119
221,707
4,324
584,552
Analysls by fund
Unrestricted fund5
Restricted funds
187,6621
147,064
235,472
63,647
186,969
34,738
4.324
339,103
245.449
59,402
299,119
221.707
4,324
584.552
Support costs allocated to a¢tlvltles
2025
2024
Governance costs
10,713
9.960
Analysed between:
Audit fee
Actountancy fee
8,880
1,833
8.160
1,8CKJ
10,713
9,960
21

FERSANDS & FOUNTAIN SCIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
io
Net movement In funds
2025
2024
The net movement In funds15 Stated after charglngllcredltlngl..
Fees payable for the audit of the charity's financial statements
Depreciation of owned property, plant and equipment
Profit on disposal of property, plant and equiprnent
8,880
7.349
I9,C￿l
8,160
1,099
li
Trustees
None of the Trustees lor any persons connected with them) received any rernuneration or benefits from the Charity
during the year.12024 £nlll
12
Employees
The average monthly number of employees during the year was-
2025
Number
2024
Number
Management
Admin
Social Worker
Youth & Jur)ior workers
Nursery workers
Cleaners
Family Support
Cafe
io
Total
28
28
Ernployrnent ￿$ts
2(125
2024
Wages and 5alarles
Social security costs
Other pension costs
435,133
28.338
24,124
419,606
25,031
25,626
487.595
470,263
The Charity considers its key management personrbel comprise o
The total employment benefits
including employer pension contributions of the key managemeiiL o1':SU'.'.IlL,I Véd5 r114,656 12024.. £113.8051 One
employee had emoluments of more than £60,IXJO durlng the current year.

FERSANDS & FOUNTAIN SCIO
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
13 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
14 PToperty, plant and equipment
Leasehold
Improvements
Flxtures and Motor ¥*hlcles
Ilttln85
Totsl
C05t
At l April 2024
Additions
0i5POsals
101,491
16.214
17,528
31,288
46,755
131.2881
150,307
62,969
131,288)
At 31 March 2025
117,705
17.528
46.755
181,988
Depreelatlon and Impalrment
At l April 2024
Depreciation charged in the year
Eliminated in respect of disposals
15,193
1.099
31,288
3.896
131.2881
46,481
7,349
131,2881
2.354
At 31 March 2025
2,354
16.292
3,896
22,542
Carrylng amount
At 31 March 2025
115,351
1,237
42.859
159.446
At 31 March 2024
101,491
2.335
103.826
15 Trade and other receivables
2025
2024
Amounts falling due within one year:
Trade receivables
Prepayments and accrued income
1,873
1,954
1.874
1,955
-23-

FERSANDS & FOUNTAIN SCIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
16
Current Ilabllltles
2025
2024
Notes
Other taxation and social security
Deferred income
Other creditors
Accrua15
7.601
86,293
2.074
15,440
7,676
79,190
2,281
35,108
17
111,408
124,255
17
Deferred income
2025
2024
Arisin8 from Income for projects
86,293
79,190
Deterred income is included in the financial statements as follows..
2025
2024
Deferred income is included within..
Current liabilities
86.293
79,190
Movements in the year..
Deferred income at l April 2024
Released from previous periods
Resources deferred in the year
79,190
179,1901
86,293
79,677
179,6771
79,190
Deferred income at 31 March 2025
86,293
79,190
18 Retlrement benefft s¢hemes
2025
2024
Defined contribution schemes
Charge to profit or1055 in respect of defined contributlon schemes
24,124
25,626
The Charity operates a defined contribution pension scheme for all qualifylng employees. The assets of the scheme are
held separately from those of the Charity in an independently administered fund.
-24-

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FERSANDS & FOUNTAIN SCIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
20
UnrestrScted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject
to specific ¢ondition5 by donors and grantors as to how they may be used. These include designated funds which have
been set aside out of unrestricted funds by the trustees for specific purposes.
At l Aprll 2024
Incomln8
resources
Resources
expended
Transfers
Ai 31 Maich
2025
A55et Fund
Building Fund
General funds
290
55.511
112,009
290
55,511
170,437
364,857
1283,2871
{23,142)
167,810
364.857
1283,2871
123,142)
226,238
Prevlous year:
At l April 2023
Incomlng
resources
Re50ur¢es
expended
Transfers
At 31 March
2024
Builidng Fund
Asset Fund
General funds
55,511
290
139,348
55.511
290
112,009
312,167
1339,1031
14031
195.149
312.167
1339.1031
14031
167.810
The designated building fund represents funds which the trustees have set aside to be used for the acquisition of
building in the future.
The designated asset fund represents assets which have been acquired by the utilisation of restritted funds.
21
Analysls ol net assets between funds
Unrestrlcted
nds
2025
Restritted
fvnds
2025
Total
2025
At 31 March 2025:
Property, plant and equipment
Current assetsllliabilitiesl
2.742
223.496
156,705
114,402
159,447
337,898
226.238
271.107
497,345
-29-

FERSANDS & FOUNTAIN SCIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
21 Analysis of net a55ets between fund5
(Continued)
Unrestrlrted
funds
2024
Restrlcted
funds
2024
Totsl
2024
At 31 March 2024:
Property. plant and equipment
Current assets/lliabilitiesl
20.170
147,640
83.656
147,017
103,826
294,657
167.810
230,673
398,483
22
Related party transartions
The trustees are members of the local community so can and do make use of the facilitie5 and Services provided by the
Charity on the same rates and condition5 as Other members of the community.
Ouring the year no120241- nol trustee wa5 reimbursed expenses of £nil12024 - nil)
Post Balance Sheet Events
The charity entered into a contract for building works in the year, the work is ongoing at the year end with approximate
financial commitment worth nil12024:£18,4051.
24 Operatlng Lease Commitments
As at 31 March 2025 the charity had total commitment5 under non￿ncellob1e operating leases payable as Set out
below..
2025
2024
Expiring..
Within one year 2,870
2,870
-30-

FERSANDS & FOUNTAIN SCIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
25 Cash generated from operatlons
2025
2024
Surplus for the year
98.862
47.484
Adjustments for:
Investment income reco8nised in statement of financial activities
Gain on disposal of property, plant and equipment
Depreciation and impairment of property, plant and equipment
17,8931
19,0001
7.349
14,1701
1,099
Movements In worklng capltal:
Decrease in trade and other receivables
IDecreasel/increase in trade and other payables
Increase/ldecreasel in deferred income
81
119.9501
7,103
82
25,595
14871
Cash gene￿ted from operatlon5
76.552
69,603
31