REGISTERED CHARITY NUMBER: SC052832 REPORT OF THE TRUSTEES AND UNAUDITED FtNANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 202) FOR PRIDE IN MORAY SCIO Goldivells Wards House Wards Road Elgin Moray IV30 INL
PRIDE IN MORAY SCIO CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 Page Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements Detailed Statement of Finaneial Activities io
PRIDE IN MORAY SCIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 The tteeS present their report with the fmancial statements of the charity for the year ended 3 1st March 2025. The trustees have adopted the provisions of 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 l January 2019). OBJECTIVES AND AcfiviTIES Objectives and ailns The organisation's puOseS are: To facilitate the preservation, protection, promotion and advancement of the mental health, physical health. and social welfare of Lesbian, Gay, Bisexual and Transgender + (LGBTQ+) Community in Moray by:_ Providing signposting for advice and support for the LGBTQ+ community available locally and nationally (eg infomlation on health and other services) and provide a link with agencies working on LGB TQ+ issues and initiatives" Facilitatkng social events to help address social and geographical i501ation faced by the LGBTQ+ community by challenging the stigma. discrimination. and anti-LGBTQ+ attitudes and behaviours experienced at both a cotnmunity and a personal level, either indirectly or directly. ACHIEVEMENTS AND PERFORMANCE Charitable activities Pride in Moray has had a meaning1 impact in reducing isolation of the local LGBTQ+ community in rural Moray. Through establishing Drop-in sessions to fight social isolation, running a laroe Pride event to raise awareness and connect the community. FINANCIAL REVIEW Financial position Pride in Moray has reseeS of £7,829.00 available as at 3 1st March 2025. Reserves policy There 15 no current reserves policy in place. STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing documenL a deed of trust and constitutes an unincorporated charity. Recruitment and appointment of neiv trustees Potential trustees may join the board by voluntarily gettino in contact. There is no external Tecruitment service used. The Board may at any time appoint any person to be a charity tstee - by way of a resolution passed by majority vote at a board meeting. REFERENCE AND ADMINISTRATIVE DETAIIS Registered Charity number SC052832 Princip21 address 8 Bremner Drive Elgin Moray IV30 4GJ
PRIDE IN MORA Y SCIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 Trustees R Andreiv (appointed 1913125) J Robbie E Grant A Magee-shamaan (resigned 1913125) S Mainland (resigned 1913125) R Poyner (resigned 1913125) D HalSOn (resigned 1913125) Independent Examiner Melanie Francis ACCA Goldwells Wards House Ward5 Road Elgin Moray IV30 INL Approved by order of the board of trustees on ......... .. . and signed on its behalf by: R Andrew - Tstee Page 2
llYDEPENDENT EXAlWtNER'S REPORT TO THE TRUSTEES OF PIUDE IN MORAY SCIO I report on the accounts for the year ended 3 1st March 2025 set out on pages four to nine. Respective respon5ibililies of trustees and examiner The charity's trustees are responsible for the preparation of the accounts in accordance with the tenns of the Charitie5 and Trustee Investrnent (Scotland) Act 2005 and the Charities Accounts (Scotlalld) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(I)(a) to (c) of the Accounts Regulations does not apply. It ts 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 ittdependent examiner's report My exarnination was carried out in accordance with Regulation I l of the Charities Accounts (Scotland) Regulations 2006. An examination includes a revieiv of the accounting records kept by the charity and a ¢ornpaiison of the accounts PTesented with those record5. It also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audiL 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 . (l) which gives me reasonable cause to believe thaL 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 Accounts Regulations. and to prepare accounts ivhich accord with the accounting records and to Comply with Regulation 8 of the 2006 Accounts Regulations have not been met. or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Melanie Francis ACCA The Association of Chartered Certified Accountants Goldwells Wards House Wards Road Elgin Moray IV30 INL Date..
PRIDE IN MORAY SCIO ID STATEMENT OF FINANCLKL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2025 Period 21.9.23 to 31.3.24 Total funds Year Ended 31.3.25 Total nds Unrestricted fund Restricted fund Notes INCOME AND ENDOWMENTS FROM Donations, legacies and grants 8,117 14,800 22,917 24,043 Other trading activities 2,633 2.633 391 Total 10.750 14,800 25,550 24,434 EXPENDITURE ON Raising fidS 3.018 678 3,696 1.448 Charitable activities Events Support costs 6,901 1,816 14,242 21,143 1,816 12.086 1,966 Total 11.735 14,920 26,655 15,500 NET INCOMEI(EXPENDITURE) (985) (120) (1.105) 8,934 RECONCILIATION OF FUNDS Total funds brought forward 8,516 418 8.934 TOT AL FUNDS CARRIED FORWARD 7,531 298 7.829 8,934 The notes forni part of these financial statements Page 4
PRIDE IN MORAY SCIO BALANCE SHEET 31ST MARCH 202) 2025 Total fimds 2024 Total funds Unrestricted fund Restricted fund Notes FIXED ASSETS Tangible assets 1.662 1,662 2,216 CURRENT ASSETS Cash at bank 8.181 298 8,479 9.534 CREDITORS Amounts falling due within one year (650) (650) (600) NET CURRENT ASSETS 7,531 298 7,829 8,934 TOTAL ASSETS LESS CURRENT LIABILITIES 7,531 1,960 9,491 11,150 ACCRUALS AND DEFERRED INCOME (1,662) (1,662) (2,216) NET ASSETS 7.531 298 7,829 8,934 FUNDS Unrestricted funds ResiTiCted funds 7,531 298 8,516 418 TOTAL FUNDS 7,829 8,934 The financi statements were approved by the Board of Trustees and authorised for issue and were signed on its behalf by: on R Andrew- Trustee The notes forni part of these financial statements Page 5
PRIDE IN MORAY SCIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charlty. which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'A¢¢ounting 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 l January 2019)., Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been Prepared under the historical cost convention. Income All income is recognised in the Statement of Financial Activities once the Charity has entitlement to the funds, it is probable that the income will be received 3nd the amount can be measured reliably. Expenditure Liabilities are reco.ryni5ed as expenditure as 500n a5 there is a legal or constructive obligation committing the charity to that expendtture. 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 headin that aeate all c05t 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. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Taxation The charity is exempt from tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance ivith the charitable objectives at the discretÉon of the trustees. Restricted fijnds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purpose5. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. OTHER TRADING AcfiviTIES Period 21.9.23 to 31.3.24 Year Ended 31.3.25 Fundraising events 2,633 391 Page 6 continued...
PRIDE IN MORAY SCJO NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2025 TRUSTEES, RE1UNERATIoN AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 st March 2025 nor for the period ended 3 1st March 2024. Trustees, expenses There were no tru5tees' expenses paid for the year ended 31st March 2025 nor for the period ended 3 Ist March 2024. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted nd Total funds INCOME AND EfqDOWMENTS FROM Donations, legacies and grdllts 20,042 4.001 24,043 Other trading activities 391 391 Total 20.433 4,001 24,434 EXPENDITURE ON Raising funds 1,448 1,448 Charitable activities Events Support costs 8,503 1.966 3,583 12.086 ,966 Total 11.917 3.583 15,500 NET INCOME 8,516 418 8,934 TOTAL FUNDS CARRIED FORWARD 8,516 418 8,934 TANGIBLE FIXED ASSETS Plant and machinery COST At 1st April 2024 and 3 1st March 2025 2,955 DEPRECIATION At I st April 2024 Charge for year 739 554 At 315t March 2025 1,293 NET BOOK VALUE At 3 1st March 2025 1,662 At 3 1st March 2024 2,216 Page 7 continued..
PIUDE IN MORA Y SCIO NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2025 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Other creditors 650 600 ACCRUALS AND DEFERRED INCOME 2025 2024 Capital grdnt - Be Burn 1.662 2,216 MOVEMENT IN FUIYDS Net movement in funds At 31.3.25 At 1.4.24 Unrestricted funds General fimd 8.516 (985) 7,531 Restricted funds Restricted fid 418 (120) 298 TOTAL FUNDS 8,934 (1,105) 7,829 Net movement in funds. included in the above are a5 follows: Incoming resources Resources expended Movement in funds Unrestrieted funds General fund 10,750 (11,735) (985) Restricted funds Restricted fund 14,800 (14,920) (120) TOTAL FUNDS 25.550 (26,655) (1,105) Comparatives for movement in funds Net movement in funds At 31.3.24 Unrestricted funds General fund 8.516 8.516 Restricted funds Restricted fimd 418 418 TOTAL FUNDS 8,934 8,934 continued...
PRtDE IN MORAY SCIO NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2025 MOVEMENT IN FUNDS - continued Comparative net movement in funds, included in the above are as follows". Incoming Fesources Resources expended Movement in funds Unrestricted funds General fund 20.433 (11,917) 8.516 Restricted funds Restricted fund 4.001 (3,583) 418 TOTAL FUNDS 24,434 (15,500) 8,934 RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 3 1st March 2025.
PRIDE IN MORAY SCIO DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2025 Period 21.9.23 to 31.3.24 Year Ended 31.3.25 INCOME AND ENDOWMENTS Donations, legacies and grants Spon50rshtp Donations Grants 3,098 4,174 16,771 2,130 20,785 22,917 24,043 Other trading activities Fundraising events 2,633 391 Total incoming resources 25.550 24,434 EXPENDITURE Other trading activities Purchases 3,696 1,448 Charitable activities Event management Perforniers fees Equipment Council fees 13,327 4,575 1.786 734 6,909 3,115 906 1,156 20,422 12,086 Support costs Management Rates and water Insurance Advertising Sundries Subscriptions 300 460 105 188 788 327 437 223 261 72 1,841 1,320 Finance Bank charges 46 46 Governance costs Accountancy and legal fees 650 600 Totsl resources expended 26,655 15,500 Net (expenditure)lincome (1,105) 8,934 This page does not forni part of the statutory financial statements Page 10