PERTH MINORITIES ASSOCIATION UNAUDITED FINANCIAL ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Registsred Charlty: SC052808 KMACCOUNTING PARTNERS LTD 35 THISTLEDOWN DRIVE CAM8USLAND GLASGOW G726AF
PERTH MINORITIES ASSOCIATION TRUSTEES, ANNUAL REPORT YEAR TO 30 SEPTEMBER 2024 Objertive5 & Atti¥itie5 The organ15ations purposes are.. The advancement of dliiertship lor people who have mi8rated to kotland and are livin8 in Perth and Kinr055, through inforfnatioll 5harin& 518npostin8and peer sUPPOrt 50 Cltizens understand unfamiliar social, legal and healthcare process¥ in the United Kin8dom The promotvjn of ligiouS and racial hèrrnony through the delivery of a series of cultural and religlous entS which celebrate5 differences in race and belief systems in Perttt and Kinr055. Promotion of equality and diversity across Perth and Kinross. Maln Actlktitles ThÈ adn[ement ol citizenship and community deve.'opment The promotion of reli8ltrU5 or rdcial harmony."rhe promotion of equality and diversity. 'Organlsing Culrural Events for the local cornmunity. Achlevemeffls & Ptrformace Duringthe year we provided citiienship serwces along Wlth the warrn spaces 3 times a weekto the local community. We also prrjvided food parce15 1 day a week durln8 the year under review. finoncial Review In the course of the year we raised enou8h mon2V to Carry out the above artlvltles through fundTalSing and receiving grants. In Drderto continue carrying out the abovè mentioned activities fundraisin8 is requirÈd on a hi8her level and Brant applications require to be frvitful.11 thi5 15 not achived then the service5 will continue to be run on the limited level they 3re currently aL meaning that we cannot 5uvice the referra15 we receive from the comrnunity who have used the charity- Trustees Dare
PERTH MINORrri£s ASSoCTION REPORTOF THE TRUSTEES FOR IIIE YEAR ENDEO 30 5EPTEMBEA 2024 The trustees present thelr report wih ihe staiement ol financial actlvllles Includlng income and expenditvre account for the year ended 30 kptember 2024 and balance shtti a5 Ot 3OSeoembEr 2024. tr¥5tees have adopted the provisions of the Statement of Recommended PrBctise ISORPI Accountin8 and Reportin8 bv thirffiE5155UEd ln March 21))5. REFEAENCE ANDADMINISTiAmVE DEfAIL5 Rtst•r•&Ch•rtty Num•r SC052808 Prlnciph Addt•ss 88Thriepland Wynd Perth PHI IRH Qualfflcation MEmber5hip NumL ACCA 23772 SThUCTURt, GOVEftNANCt AND fvIANAGEMEIIT Gonin1nidorrn•n1 ThÈcharity Is controlled by tts io¥ernlw document. I deed of trust, and tonsrhtul•S An irttDrpor•tod thjrlty. Th• truSto•s have è duly to enti[Y aiid re¥iew the risks towhich the charli¥ Isexp05ed indio niuie Jpo¢tyDil4re omirols are In pl4¢e lo provide re¥sonoble D55urJnce •8Din51 Irlud error. Approved byorderof the board ol trustiis on.__.............. and Sllned vn rt5 bEhBII ' Trustees
PERTH MINORITIES ASSOCIATION INDEPENDENT EXAMINER'S REPORTTOTHETRUSTEES I report on the accDunts of the charityfor the year ended 30 September 2024 which are set out on the following pages. Re5pertfve responsibllltles of trustees and *x•miner The charity's trustees are responsible Iof the preparation of the account5 in accordance with the terms of the Charities and Trustee Investmenl (Scotlandl Act 2005 and the Charities Accounts (Scotlandl Regulalion5 21K)6. The charity trustees con5idef that the audit requirement of Regulation ioil) lal to Icl of the Accounts Regulaiions does not apply. It Is my re5pansibilrty to examine the accounts as iequired under section 4411) Icl of the Act and to state whether partlcular matter5 have come to ffly attention. Bas15 of Independent ¥mine5 slatemert My examination 15 carried out in accordance with Regulation 11 of the Charities Account5 (Scotlandl Regulations 2006. An examinatlon include5 a VIeW of the accounting records kept bythe charity and a CoMrIson ol the ctounts presented with those records. It a150 includes consideration of any unusual f(ems or disclosures in the accounts, and 5eek5 explanations from the truaees concernin8 any such matter5. The procedures undertaken do not provide all the evidence thai would be required in an audiL and conseouently I do not express an audit opinion on the view given by rhe accounts. Indeptndertt ¢xamlnerf5 Statement In the COUT5e of my examination, no matter ha5 corne to my attentlon. Ex8miner Details Date 0910112025
PERTH MINoRrriESASSOCIATION STATEMENTOF FINANCIALAcrivrriES INCLUDING INCOMEAND EXPENDITURE ACCOUPIT FOR THÉ YEARENDED305EPTEMBER 2024 JOm9D024 OV09m Total Total Fd5 Funds UTrre5trl¢tod Fun05 REStrfcteO COtIn Fun05 Re51dcted Fur$ N•t•s INtOMINGAEY)UKES 59J57 59.357 354 Totsi IncomlreRe$rCes 354 59.357 59,711 ExpEnthuieon'. CharitableActlYftie5 58,412 51412 NetlnE4)me re50ui<e5befOfraraer 354 945 1299 Grus%trènsferbe¢weeTh tunds NEt Irthne fortheWIl mo¥ernent Infunds 354 945 L2Y) Fund balance5 JtO8SepEernbei 2023 Funrt bAIKesat 305ept¢mbet2024 a54 945 1,299 The 5tstementof financlal oMNltie5 intludesall 8alD5 and1055ES reco60ed InihEyEaY. All Income andexpend1tuderiYe ID)tll CDntinulng acINIt5.
PERTH MINORITIES ASSOCIATION BALANCE SHEET AS AT 30 SEPTEMBER 2024 2024 2023 Notes Tanglble A55ets Current assets Cash at bank/ In hand 1,501 1,501 Creditors.. Amounts falllng due withln one year 202 Nrt Assets 1.299 Income Fund5 Restricted Funds Restrictèd Contingency Fund5 Unrestricted Funds 945 354 1.299
PERTH MINORITIES ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Accountln8 pollcles Charlty Informatlon Perth Minorlties Assoclation is scottish Charitable Incorporated Organlsation. Accountlng Conventlon The financial statement5 have been prepared in accordance wlth charlty's18overnlng documentl, the Charities and Trustee Inve5trnent Iscotlandl Act 2005, the Charities Account5 (Scotlandl Regulation 2006 las amended) and"Atcounting ènd Reportln8 by Charities.. Statement ol 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" las amended for accountln8 periods commencing from I january 20161. The Charity 15 a Public Bènefit EntSty as deflned by FRS 102. The Charlty ha5 taken advants8e ol the provlsSons In the SORP for charit5es applyin8 FRS 102 Update Bulletin I not to prepare a Statement of Cash Flow5. The Ilnanclal statement5 have departed from the Charities (Accounts and Aeportsl Ae8ulatlons 2008 only to the extent required to provide a true and lalr view. Thi5 departure ha5 involved followin8 the Statement of Recommended Practlce lor charities applylng FRS 102 rather than the verslon of the Statement of Recommended Practice whlch is referred to in the Re8ulatlOD5 but whi¢h has Sinte been withdrawn. The flnancial statements are prepared in sterling, which is the luntional currency ol the tharity. Monetary amounts In these financial statements are rounded to the nearest £. 1.2 Golng Con¢ern At the time ol approvlng financlal statement5. the trusteÈs have a reasonable expectatlon that the charity has adequate resources to eontlnue in operational exlstence for the foreseeable lutre. Thus the trustee5 continue to adopt the goln8 concern basls ol accountin8 Sn preparSn8 the flnancSal statements. Charltable fvnds Unrestricted funds are available lor use at the discretion of the trustee5 in furtheran¢e of thelr tharltablè objectlves unless thè funds have been de51gnated for other purposes. Restrlcted funds are subject to speclfic condltions by donors as to how they may be used. The purposes and uses gf the restricted fvnds are set out In the notes to the financial Statements. Incomln8 Restsurc•s A11 income is reco8ni5ed when the charity is legally entitled to it after any performance conditions have been meL the amounts can be measured reliably, and it is probable that income will be received.
At¢ountlnK Pollcles Icontinuedl Resourtès èxpended Liabilities are reco8ni5ed 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 ol the obli8ation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that ag8regate all cost related to the cate8ory. Where costs cannot be directly attributed to particular headin85 they have been allocated to activities basls consistent with the use of resources. 1.6 Taxatlon The charity is exempt frorn tax on its charitable artlvitles. Provlslons for Ilabllltles The charity reco8nlses 3 prgvislon for annual leave accrued by employees a5 a result of servSces rendered in the current period, and which employees are entitled to carry forward and use withln the next 12 months. The provlsion is measured at the salary cost payablè for the period ol absence. Depretlatlon Depreciation is provided on tangible fixed assets so as to wr5te off the cost or valuatlon, less any estimated residentlal value, over their expected useful economic life as follows.. Furniture Office Equipment 20% Stral8ht L5ne 8a515 20% Stral8ht Llne 8a515
PERTH MINORITIES ASSOCIATION NOTESTO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Grant$ Restrfcted Funds 2024 Unrestricted Funds Total 2024 2023 Arnold Clark Charities Trust Gendre Equality Perth Main Grant Scottish Families Scottlsh Refugee C Solas Festival Perth & Kinr055 Council Tayside Health The Corra Foundation Home Instead The Robertson Trust Thom50n Trust 2SOO 200 1950 7500 750 70 20137 9250 3000 500 7500 iooo 59,357 PERTH MINORITIES ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Donatlon$ Unrestrlcted Funds 2024 Total 2023 Donations Money Tubs Sponsors 354 354
PERTH MINORIMES ASSOCIAnON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2014 Charltable Actlvltl¢s Charltable Chirltable tlvkles Artlvltles LINrestrlrt¢d Restrf¢ted 1014 2024 rotal 2024 Total 2023 Cosi ofchwniy Project5 lJrern15¢5 46291 3.468 2J6 907 46,291 3.468 236 90Y 'I"rav¢l & Nub$i<nce 'r¢l6.ph¢ 166 961 1,300 1,625 582 Adrniniraii(11 1.3 1.625 582 dveni¥in8 & Priniino ¢pr1lIn (Sqe Nvw61 Irs & Maini¥4nynce mvr V¢hi[l¢ Tr.xpense5 Pl¢<{.hor 226 2,530 226 2,530 120 58A12 58,412 Shurpof Support & Cii>vernoC C4151sIS¢¢ Noi¢ 51 58.412 58,412 ATraly51s by Fund Unrtstrfrted Fundi Restrlcted Fynds 58,412 58,412 58,412 58,412
PERTH MINORITIES ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 30 SEPTEMBER 2024 Support & Governance Costs Support Cost Governance Cost Z024 2023 AccouniHn¢y le¢5
PERTH MINORITIES ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Office Equipment Tan8lble Flxed Assets Furniture Total Cost As at 08 Sèptember 2023 Additions As at 30 September 2024 DepreciatSon As at 08 September 2023 Char8e for the year As at 30 September 2024 Nèt Book Value As at 30 September 2024 As at 08 September 2023 Restrlcted Funds The income funds of the charity include restricted funds comprising the followin8 unexpended balances of donations and grants held on trust for specific purposes.. Movement in funds Incoming Resources resources expended Balance at 08-Sep-23 Transfers Balance at 30-Sep-24 Ilestricted Funds 59.357 -58.412 945