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 -1- ## **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 -2- **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| -3- **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: -4- **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| |---|---| -5- ## **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| -6- **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| -7-