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← Feeling Blue SCIO

2025-04-30-accounts

Scottish Charity Number: SC053303

Report of the Committee and Unaudited Financial Statements for the Year Ended 30 April 2025 for FEELING BLUE SCIO

Infinity Advisors Limited t/a Infinity Partnership

5 Carden Place Aberdeen AB10 1UT

FEELING BLUE SCIO

Contents of the Financial Statements for the Period Ended 30 April 2025

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Notes to the Financial Statements 5to7

Detailed Statement of Financial Activities

8

Report of the Committee

for the Period Ended 30 April 2025

The committee present their report with the financial statements of the voluntary organisation for the period ended 30 April 2025. 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

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.

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Date

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Independent Examiner’s Report to the Committee of

Feeling Blue SCIO

| report on the accounts for the period ended 30 April 2025 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, | 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

(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 F ~ A Date Saaz

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Statement of Financial Activities For the Period Ended 30 April 2025

Year Ended
30/04/25
Total
Funds
Notes £
INCOMING RESOURCES
Incoming resources from generated funds
Voluntary income 145,134
RESOURCES EXPANDED
Costs ofgeneratingfunds
Costs ofgeneratingvoluntary income 2 26,671
Fundraising trading: cost ofgoods sold and other costs -
Governance costs -
Other incoming resources =
Total resources expended 26,671
NETINCOMING RESOURCES 118,463
Total funds brought forward -
TOTALFUNDSCARRIEDFORWARD £118,463

Be

Balance Sheet At 30 April 2025

Year Ended
30/04/25
Notes Total
Funds
£
FIXED ASSETS
Tangible assets 5 549
549
CURRENT ASSETS
Debtors 6 -
Cash at bank 121,136
121,136
CREDITORS
Amounts falling due within one year 7 (3,222)
NETCURRENTASSETS 118,463
TOTAL ASSETS LESS CURRENT LIABILITIES 118,463
NETASSETS 118,463
Funds 8
Restricted Funds -
Unrestricted Funds 118,463
TOTALFUNDS £118,463

The financial statements were approved by the Committee on ent On its behalf by:

and were signed

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Notes to the Financial Statements

For the Period Ended 30 April 2025

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

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.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Be

  1. COSTS OF GENERATING VOLUNTARY INCOME
£
Staff costs 22,927
Administrative costs 3,744
£26,671

3. TRUSTEE’S REMUNERATION AND BENEFITS

There were no committees’ remuneration or other benefits for the period ended 30 April 2025.

LG-

Note to the Financial Statements For the Period Ended 30 April 2025

4.
STAFF COSTS
£
Sub-contractors 22,927
22,927
5. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1 May 2024 -
Additions 549
At 30 April 2025 549
DEPRECIATION
At 1 May 2024 -
Charge foryear -
At 30 April 2025 =
NET BOOK VALUE
At 30 April 2025 549
6.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
a
Debtors z
zy

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025 £ 3,222

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |Other creditors|3,222| |8.|MOVEMENT|IN|FUNDS| |At|Net|At| |30|April|Movement|30|April| |2024|In|Funds|2025| |£|£|£| |Unrestricted|funds| |General|Fund|-|118,463|118,463| |Net|movement|in|funds,|in|the|above|are|as|follows:| |Incoming|Resources|Movement| |Resources|Expended|In|funds| |£|£|£| |Unrestricted|Funds| |General|Fund|145,134|(26,671)|118,463| |TOTAL|FUNDS|145,134|(26,671)|118,463|

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iQ

Detailed Statement of Financial Activities For the Period Ended 30 April 2025

INCOMING RESOURCES

Year Ended
30/04/25
£
Voluntary Income
Income 145,134
145,134
Total incoming resources 145,134
Resources Expended
Costs ofgenerating voluntary income
Sub-contractors 22,927
Course Fees -
22,927
Governance costs
Accountancy (voluntary) 1,800
Other incoming resources
Bank interest received -
Support costs
Other -
Administrative costs 1,944
Total resources expended 26,671
NetIncome 118,463

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