REGISTERED CHARITY NUMBER: SC052734
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025
FOR
THE BOOKIN TRUST SCIO
Azets Audit Services Chartered Accountant Titanium 1 King's Inch Place Renfrew Glasgow PA4 8WF
THE BOOKIN TRUST SCIO
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 to 11 |
THE BOOKIN TRUST SCIO
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2025
The trustees present their annual trustees' report together with the financial statements of the charity for the period ending 30th April 2025.
The financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended), the charity's governing document, 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 (FRS 102).
OBJECTIVES AND ACTIVITIES
Mission statement
The Bookin Trust’s mission is to help support those living with Dementia and Down’s Syndrome.
Charitable aims
The Bookin Trust would like to help support those living with Dementia and Down’s Syndrome, and their carers. It will do this by donating a percentage of its income each year to charities that either support those living with Dementia and Down’s Syndrome, and their carers or by donating to charities that are seeking a cure from dementia through scientific research. The Bookin Trust will only donate to a registered charity and has a maximum payment amount of £5,000 to any one charity each year.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
During the period to 30th April 2025 the charity donated a total of £9,320 (2024 £992) to various organisations. These are listed on page 8 of the accounts.
FINANCIAL REVIEW
Financial position
During the period the charity made a surplus of £287,370 (2024 £286,240).
Principal funding sources
A percentage of J.C. Peacock & Co., Limited profits will be the sole source of funding for the charity.
Reserves
The level of free reserves (funds not tied up in fixed assets and restricted funds) of the charity is £573,610 (2024 £286,240) which the trustees deem sufficient for it to continue for the foreseeable future.
FUTURE PLANS
The charity plans to continue to meet its charitable objectives in future financial periods.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity was created as a Scottish Charitable Incorporated Organisation (SCIO) on 7th August 2023 and is governed by its constitution.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
SC052734
Principal address
North Harbour Ayr South Ayrshire KA8 8AE
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Page 1
THE BOOKIN TRUST SCIO
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 2025
REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Azets Audit Services Chartered Accountant Titanium 1 King's Inch Place Renfrew Glasgow PA4 8WF
Approved by order of the board of trustees on 15 January 2026 and signed on its behalf by:
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BOOKIN TRUST SCIO
I report on the accounts for the year ended 30 April 2025 set out on pages four to eleven.
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's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations 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 the independent examiner's report
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. 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 seeking explanations from you as trustees concerning any 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 my examination, no matter has come to my attention :
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(1) which gives me reasonable cause to believe that, in any material respect, the requirements
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to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
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to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations
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have not been met; or
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(2) 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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Azets Audit Services Chartered Accountant Titanium 1 King's Inch Place Renfrew Glasgow PA4 8WF
- 15 January 2026
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THE BOOKIN TRUST SCIO
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 APRIL 2025
| Year Ended 30/4/25 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 289,000 Investment income 2 8,720 Total 297,720 EXPENDITURE ON Charitable activities Donations and support 10,350 Other - Total 10,350 NET INCOME 287,370 RECONCILIATION OF FUNDS Total funds brought forward 286,240 TOTAL FUNDS CARRIED FORWARD 573,610 |
Period 7/8/23 to 30/4/24 Total funds £ 289,000 1,533 290,533 992 3,301 4,293 286,240 - 286,240 |
|---|---|
The notes form part of these financial statements
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THE BOOKIN TRUST SCIO
BALANCE SHEET 30 APRIL 2025
| 2025 Unrestricted fund Notes £ CURRENT ASSETS Debtors 7 1,000 Cash in hand 574,410 575,410 CREDITORS Amounts falling due within one year 8 (1,800) NET CURRENT ASSETS 573,610 TOTAL ASSETS LESS CURRENT LIABILITIES 573,610 NET ASSETS 573,610 FUNDS 9 Unrestricted funds 573,610 TOTAL FUNDS 573,610 |
2024 Total funds £ 613 286,527 287,140 (900) 286,240 286,240 286,240 286,240 286,240 |
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 15 January 2026 and were signed on its behalf by:
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The notes form part of these financial statements
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THE BOOKIN TRUST SCIO
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements have been prepared in accordance with 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 (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102) and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
The Bookin Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Preparation of accounts on a going concern basis
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. There were no significant areas of adjustment and with respect to the next reporting period, no significant areas of uncertainty.
Accounting judgements & Sources of estimation uncertainty
In preparing these financial statements, the trustees have made the following judgements:
Assets are considered for indications of impairment. If required an impairment review will be carried out and a decision made on possible impairment. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and where it is a component of a larger cash-generating unit, the viability and expected future performance of that unit.
Income
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Donations, are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 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.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Charitable activities
Expenditure on charitable activities includes the costs of activities undertaken to further the purposes of the charity and their associated support costs.
Fund accounting
Funds are unrestricted funds which can be used in accordance with the charitable objectives at the discretion of the trustees.
Debtors
Trade and other debtors are recognised at the settlement amount due after any discount offered. Prepayments are valued at the amount prepaid net of any discounts due.
continued...
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THE BOOKIN TRUST SCIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2025
1. ACCOUNTING POLICIES - continued
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any discounts due.
Financial instrustments
The Charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 ' Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transactions costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Derecognition of financial assets
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the charity transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement 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.
2. INVESTMENT INCOME
| INVESTMENT INCOME | ||
|---|---|---|
| Period | ||
| 7/8/23 | ||
| Year Ended | to | |
| 30/4/25 | 30/4/24 | |
| £ | £ | |
| Deposit account interest | 8,720 | 1,533 |
continued...
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THE BOOKIN TRUST SCIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2025
3. GRANTS PAYABLE
| GRANTS PAYABLE | ||
|---|---|---|
| Period | ||
| 7/8/23 | ||
| Year Ended | to | |
| 30/4/25 | 30/4/24 | |
| £ | £ | |
| Donations and support | 9,320 | 992 |
| The total grants paid to institutions during the year was as follows: | ||
| Period | ||
| 7/8/23 | ||
| Year Ended | to | |
| 30/4/25 | 30/4/24 | |
| £ | £ | |
| Alzheimer's Society | - | 992 |
| Garvard | 5,000 | - |
| Mental Health | 1,820 | - |
| Rosebury Centre | 2,000 | - |
| Care for Carers | 500 | - |
| 9,320 | 992 |
4.
SUPPORT COSTS
| SUPPORT COSTS | |
|---|---|
| Governance | |
| costs | |
| £ | |
| Donations and support | 1,030 |
| Support costs, included in the above, are as follows: |
Governance costs
| Governance costs | ||
|---|---|---|
| Period | ||
| 7/8/23 | ||
| Year Ended | to | |
| 30/4/25 | 30/4/24 | |
| Donations | ||
| and | Total | |
| support | activities | |
| £ | £ | |
| Legal fees | - | 2,400 |
| Bank charges | 3 | 1 |
| Independent examiner's fee | 900 | 900 |
| General expenses | 127 | - |
| 1,030 | 3,301 |
continued...
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THE BOOKIN TRUST SCIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2025
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 April 2025 nor for the period ended 30 April 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 April 2025 nor for the period ended 30 April 2024.
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| INCOME AND ENDOWMENTS FROM Donations and legacies Investment income Total EXPENDITURE ON Charitable activities Donations and support Other Total NET INCOME TOTAL FUNDS CARRIED FORWARD 7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Prepayments and accrued income |
Unrestricted fund £ 289,000 1,533 290,533 992 3,301 4,293 286,240 286,240 2025 2024 £ £ 1,000 613 |
|---|---|
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THE BOOKIN TRUST SCIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2025
8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Other creditors 9. MOVEMENT IN FUNDS At 1/5/24 £ Unrestricted funds General fund 286,240 TOTAL FUNDS 286,240 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 297,720 TOTAL FUNDS 297,720 Comparatives for movement in funds Unrestricted funds General fund TOTAL FUNDS Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 290,533 TOTAL FUNDS 290,533 |
2025 2024 £ £ 1,800 900 Net movement At in funds 30/4/25 £ £ 287,370 573,610 287,370 573,610 Resources Movement expended in funds £ £ (10,350) 287,370 (10,350) 287,370 Net movement At in funds 30/4/24 £ £ 286,240 286,240 286,240 286,240 Resources Movement expended in funds £ £ (4,293) 286,240 (4,293) 286,240 |
|---|---|
continued...
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THE BOOKIN TRUST SCIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 APRIL 2025
10. RELATED PARTY DISCLOSURES
During the period the charity received a donation of £289,000 (2024 £289,000) from J.C. Peacock & Co., Limited of which
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