2024-12-31-accounts - North East Scotland Fire Heritage Trust

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Scottish Charity Number: SC052114

Report of the Committee and Unaudited Financial Statements for the Year Ended 31 December 2024 for

NORTH EAST SCOTLAND FIRE HERITAGE TRUST

Infinity Advisors Limited t/a Infinity Partnership

5 Carden Place Aberdeen AB10 1UT

NORTH EAST SCOTLAND FIRE HERITAGE TRUST

Contents of the Financial Statements
for the Period Ended 31 December 2024
	Page
Report of the Committee	1
Independent Examiner’s Report	2
Statement of Financial Activities	3
Balance Sheet	4
Notes to the Financial Statements	5 to 7
Detailed Statement of Financial Activities	8

Report of the Committee for the Period Ended 31 December 2024

The committee present their report with the financial statements of the voluntary organisation for the period ended 31 December 2024. The committee have adopted the provisions of the Statement of Recommended Practice (SORP) ‘Accounting and Reporting by Charities’ issued in March 2005.

REFERENCE AND ADMINISTRATIVE DETAILS

Principal address

North Anderson Drive Fire Station North Anderson Drive Aberdeen AB42 3DH

Independent examiner

5 Carden Place Aberdeen AB10 1UT

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The voluntary organisation is controlled by its governing document, a deed of trust, and constitutes as a SCIO.

Risk Management

The committee have a duty to identify and review the risks to which the voluntary organisation is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

ON BEHALF OF THE COMMITTEE:

…..

Date 11/09/2025

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Independent Examiner’s Report to the Committee of

North East Scotland Fire Heritage Trust

I report on the accounts for the period ended 31 December 2024 set out on pages three to seven.

Respective responsibilities of committee 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 (“the 2005 Act”) and the Charities Accounts (Scotland) Regulations 2006 (as amended) (“the 2006 Regulations”). The charity’s trustees consider that the audit requirement of the Regulation 10(1)(d) of the 2006 Regulations does not apply. It is my responsibility to examine the accounts as required under section (44)(1)(c) of the 2005 Act and to state whether particular matters have come to my attention.

Basis of the independent examiner’s report

Our examination is carried out in accordance with Regulations 11 of the 2006 Regulations. 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 such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In connection with our examination, no matter has come to our attention:

(1) Which given us 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 Regulations, and
To prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Regulations have not been met, or
(2) To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Infinity Advisors Limited t/a Infinity Partnership

5 Carden Place Aberdeen AB10 1UT

Date 11/09/2025

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Statement of Financial Activities For the Period Ended 31 December 2024

Notes INCOMING RESOURCES Incoming resources from generated funds Voluntary income RESOURCES EXPANDED Costs of generating funds Costs of generating voluntary income Governance costs Other incoming resources Total resources expended NET INCOMING RESOURCES Total funds brought forward TOTAL FUNDS CARRIED FORWARD	Year ended 31/12/24 Total Funds £ 10,443 8,638 - (29) 8,609 1,834 7,332 9,166	Year ended 31/12/23 Total Funds £ 15,644 8,330 - (18)
		8,312
		7,332 -
		7,332

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Balance Sheet At 31 December 2024

Notes CURRENT ASSETS Cash in hand Cash at bank CREDITORS Amounts falling due within one year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS Funds 7 Restricted Funds Unrestricted Funds TOTAL FUNDS	Year ended 31/12/24 Total Funds £ 78 9,088 9,166 - 9,166 9,166 9,166 - 9,166 9,166	Year ended 31/12/23 Total Funds £ 78 7,254
		7,332 -
		7,332
		7,332
		7,332
		- 7,332
		7,332

The financial statements were approved by the Committee on 11/09/2025 and were signed on its behalf by:

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Notes to the Financial Statements For the Period Ended 31 December 2024

1. ACCOUNTING POLICIES

Accounting Convention

These accounts have been prepared on the accruals basis in accordance with the Charities & Trustee 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 Activities when the voluntary organisation is legally entitled to the income and the amount can be quantified with reasonable accuracy

Resources expended

Expenditure is accrued for on an accruals basis and has been classified under headings that aggregate all costs 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 resource.

Taxation

The voluntary organisation is exempt from tax on its voluntary organisation activities.

Fund accounting

Unrestricted funds can be used in accordance with the voluntary organisations objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the voluntary organisation. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

2. COSTS OF GENERATING VOLUNTARY INCOME

Miscellaneous Drivers Medicals Insurance Vehicles and Equipment Spares Fuel Workshop Tools and Consumables Office Stationery and Cleaning Uniforms Catering and Accommodation Memorabilia Sales Stock	£ 64 382 821 1032 349 2,602 1,277 194 277 1,121 233 287 £ 8,638

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3. TRUSTEE’S REMUNERATION AND BENEFITS

There were no committees’ remuneration or other benefits for the period ended 31 December 2024.

4. MOVEMENT IN FUNDS

Equipment and Memorabilia Donations Function Donations Fire Station Support Collecting Can Sale of Work Children’s Helmets Bottle Stall Haybale Sale of Scrap	At 01 January 2024 £ (212) 323 2,200 1,376 785 932 1,376 432 40 80 7,332	Net Movement In Funds £ 144 (3,825) 1,555 (989) 1,019 701 2,539 20 671 1,834	At 31 December 2024 £ (68) (3,502) 3,755 387 1,804 1,633 3,915 452 711 80
			9,166

5. MOVEMENT IN FUNDS (CTD)

Net movement in funds, in the above are as follows:

Unrestricted Funds Equipment and Memorabilia Donations Function Donations Fire Station Support Collecting Can Sale of Work Children’s Helmets Bottle Stall Haybale Sale of Scrap TOTAL FUNDS	Incoming Resources £ 1,380 680 1,555 1,879 1,019 701 2,539 20 671 10,443	Resources Expended £ (1,236) (4,505) - (2,868) - - - - - - (8,609)	Movement In funds £ 144 (3,825) 1,555 (989) 1,019 701 2,539 20 671
			1,834

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Detailed Statement of Financial Activities For the Period Ended 31 December 2024

INCOMING RESOURCES

Voluntary Income Income Total incoming resources Fundraising trading: cost of goods sold and other costs Miscellaneous Drivers Medicals Insurance Vehicles and Equipment Spares Fuel Workshop Tools and Consumables Office Stationery and Cleaning Uniforms Catering and Accommodation Memorabilia Sales Stock Other incoming resources Bank interest received Total resources expended Net Income	Year Ended 31/12/24 £ 10,443
	10,443
	10,443 64 382 821 1032 349 2,602 1,277 194 277 1,121 233 287 (29)
	8,609
	1,834

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