IRIS Accounts Production v24.3.2.46 Other Company accounts True false Pounds 1.8.23 31.7.24 31.7.24 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true true true true false true false true 0 0 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC2269442023-07-31SC2269442024-07-31SC2269442023-08-012024-07-31SC2269442022-07-31SC2269442022-08-012023-07-31SC2269442023-07-31SC226944ns0:CharitableCompanyLimitedByGuarantee2023-08-012024-07-31SC226944ns15:PoundSterling2023-08-012024-07-31SC226944ns11:FRS1022023-08-012024-07-31SC226944ns11:IndependentExaminationCharity2023-08-012024-07-31SC226944ns11:SmallCompaniesRegimeForAccounts2023-08-012024-07-31SC226944ns11:FullAccounts2023-08-012024-07-31SC226944ns11:CharitiesSORP2023-08-012024-07-31SC226944ns16:EnglandWales2023-08-012024-07-31SC226944ns11:RegisteredOffice2023-08-012024-07-31SC226944ns0:Trustee42023-08-012024-07-31SC226944ns0:Trustee52023-08-012024-07-31SC226944ns0:Trustee12023-08-012024-07-31SC226944ns0:Trustee62023-08-012024-07-31SC226944ns0:Trustee32023-08-012024-07-31SC226944ns0:Trustee72023-08-012024-07-31SC226944ns0:Trustee82023-08-012024-07-31SC226944ns0:Trustee92023-08-012024-07-31SC226944ns0:Trustee102023-08-012024-07-31SC226944ns0:Trustee112023-08-012024-07-31SC226944ns0:Trustee22023-08-012024-07-31SC226944ns11:CompanySecretary12023-08-012024-07-31SC226944ns0:TotalUnrestrictedFunds2023-08-012024-07-31SC226944ns0:TotalRestrictedIncomeFunds2023-08-012024-07-31SC226944ns0:Activity82023-08-012024-07-31SC226944ns0:TotalUnrestrictedFundsns0:Activity82023-08-012024-07-31SC226944ns0:Activity8ns0:TotalRestrictedIncomeFunds2023-08-012024-07-31SC226944ns0:Activity82022-08-012023-07-31SC226944ns0:TotalUnrestrictedFunds2023-07-31SC226944ns0:TotalRestrictedIncomeFunds2023-07-31SC226944ns0:TotalUnrestrictedFunds2024-07-31SC226944ns0:TotalRestrictedIncomeFunds2024-07-31SC226944ns0:TotalUnrestrictedFundsns10:WithinOneYear2024-07-31SC226944ns10:WithinOneYearns0:TotalRestrictedIncomeFunds2024-07-31SC226944ns10:WithinOneYear2024-07-31SC226944ns10:WithinOneYear2023-07-31SC22694422023-08-012024-07-31SC22694432023-08-012024-07-31SC226944ns0:TotalUnrestrictedFunds2022-08-012023-07-31SC226944ns0:TotalRestrictedIncomeFunds2022-08-012023-07-31SC226944ns0:TotalUnrestrictedFundsns0:Activity82022-08-012023-07-31SC226944ns0:Activity8ns0:TotalRestrictedIncomeFunds2022-08-012023-07-31
REGISTERED COMPANY NUMBER: SC226944 (Scotland)
REGISTERED CHARITY NUMBER: SC32612














Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 July 2024

for

R.H.E.T. Forth Valley Countryside
Initiative

R.H.E.T. Forth Valley Countryside
Initiative






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Report of the Trustees 1 to 3

Independent Examiner's Report 4

Statement of Financial Activities 5

Balance Sheet 6 to 7

Notes to the Financial Statements 8 to 11

R.H.E.T. Forth Valley Countryside
Initiative (Registered number: SC226944)

Report of the Trustees
for the Year Ended 31 July 2024


The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2024. 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 1 January 2019).

OBJECTIVES AND ACTIVITIES
Objectives and activities
The principal activity of the charity is to promote the bringing together of urban and rural through farm visits and trained speakers attending schools.

The RHET Forth Valley Countryside Initiative (RHET FVCI) aims to provide schools in Clackmannan, Falkirk and Stirling areas with the provision of farm visits, classroom speakers and resources in school.

The charity aims to advance public education by:
1. The promotion and encouragement of the dissemination of information concerning Scottish Wildlife, agriculture, forestry, rural industries and the countryside
2. Increasing the general public's awareness of the symbiosis and the biological diversity, rural environment, countryside life and economy in Scotland
3. Improving the general public's understanding of the policies and actions necessary to sustain long-term food and timber production, and provision for wildlife and its habitats

The objectives are achieved by carrying out and developing at a local level the activities of the charitable body with which the Company is and shall (subject as after mentioned) remain affiliated, namely, The Royal Highland Education Trust ( a company limited by guarantee, incorporated in Scotland with registered number SC123813, and being Scottish Charity number SC007492), hereinafter referred to as "RHET"); The operations of the Company are confined to the designated geographical area known generally as the Forth Valley Countryside Initiative area, being the present local authority areas of Clackmannan, Falkirk and Stirling.

ACHIEVEMENT AND PERFORMANCE
Charitable activities
FVCI have 21 risked assessed farms.

In January, for our Big Breakfast Challenge Shield we ran competition to make a collage from breakfast packaging and this was won by East Plean Primary School.

We achieved 38 farm visits and 3 Food and Farming Days engaging with 1741 pupils. We facilitated 114 classroom talks with 3188 pupils.

We facilitated growing projects with Tasty Tatties and Grow your own Loaf which was participated by 63 classes with 3157 pupils taking part. Tasty Tatties was won by Carron Primary School.

Digital classroom talks to a farmer was a great success in Forth Valley and Nationally. Rhet Forth Valley attended 3 agricultural shows engaging with 800 people.

Reindeer dust was taken up by most schools in Forth Valley as well as being run nationally.

During 2023-2024 all schools were reached either by newsletter or direct contact..

Fundraising activities
We have not carried out any fundraising activities as we received a gift of £40,000 from the Rhass Presidential initiative as it was from the Stirling area this year and the gift was from their fundraising activities and this is enabling Rhet Forth valley to facilitate visits and talks for children in the care of the Aberlour Trust .


R.H.E.T. Forth Valley Countryside
Initiative (Registered number: SC226944)

Report of the Trustees
for the Year Ended 31 July 2024

FINANCIAL REVIEW
Financial position
The income for the period was £44,866 (2023: £9,977) with resources expended of £8,779 (2023: £3,887). As at 31 July 2024 unrestricted funds amounted to £59,289 (2023: £23,202). The unrestricted funds will be applied to meet the ongoing costs of the charity and to fund future projects. The restricted funds amounted to £432 (2023: £432). The total of the unrestricted and restricted funds for the year is £59,721 (2023: £23,634) and represents the net assets and reserves for the year.

Reserves policy
The aim of the Company is to maintain reserves sufficient to meet the ongoing costs of the charity and their business objectives.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The organisation is a charitable company limited by guarantee, incorporated and registered as a charity on 14 January 2002. The company was established under the Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up the directors liability is limited to £1. The director's administer the company and meet on a monthly basis.

Forth Valley Countryside Initiative appoint directors who show a genuine interest towards food farming and the countryside and an enthusiastic attitude for passing on this knowledge to the children and adults in Forth Valley.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
SC226944 (Scotland)

Registered Charity number
SC32612

Registered office
Bogend Farm
Bogend Road
Falkirk
FK8 2SH

Trustees
J D R Mclaren
J Owen
Mrs L R Reid
J Warnock
J Muir
E M Duncan
G G Sutherland
Mrs I M Warnock (resigned 2.11.23)
Mrs A Logan Veternary Surgeon
D A Lyle NFU Agent
Mrs S Mcrobert Finance Administrator (appointed 1.1.24)

Company Secretary
J Muir


R.H.E.T. Forth Valley Countryside
Initiative (Registered number: SC226944)

Report of the Trustees
for the Year Ended 31 July 2024


REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
Ian Bilsland
Drummond Laurie CA
Unit 5
Gateway Business Park
Beancross Road
Grangemouth
FK3 8WX

Approved by order of the board of trustees on 22 September 2024 and signed on its behalf by:





J Muir - Trustee

Independent Examiner's Report to the Trustees of
R.H.E.T. Forth Valley Countryside
Initiative

I report on the accounts for the year ended 31 July 2024 set out on pages five 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 :

(1) which gives me 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 Accounts Regulations; and
- to prepare accounts which 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.








Ian Bilsland
The Association of Chartered Certified Accountants

Drummond Laurie CA
Unit 5
Gateway Business Park
Beancross Road
Grangemouth
FK3 8WX

22 September 2024

R.H.E.T. Forth Valley Countryside
Initiative

Statement of Financial Activities
for the Year Ended 31 July 2024

31.7.24 31.7.23
Unrestricted Restricted Total Total
fund fund funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 42,146 - 42,146 4,536

Charitable activities
Charitable activities 1,993 - 1,993 200

Investment income 2 384 - 384 -
Other income 343 - 343 5,241
Total 44,866 - 44,866 9,977

EXPENDITURE ON
Charitable activities
Charitable activities 8,779 - 8,779 3,887

NET INCOME 36,087 - 36,087 6,090


RECONCILIATION OF FUNDS
Total funds brought forward 23,202 432 23,634 17,544

TOTAL FUNDS CARRIED FORWARD 59,289 432 59,721 23,634

R.H.E.T. Forth Valley Countryside
Initiative (Registered number: SC226944)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Unrestricted Restricted Total Total
fund fund funds funds
Notes £    £    £    £   
CURRENT ASSETS
Cash at bank 59,938 432 60,370 23,795

CREDITORS
Amounts falling due within one year 5 (649 ) - (649 ) (161 )

NET CURRENT ASSETS 59,289 432 59,721 23,634

TOTAL ASSETS LESS CURRENT
LIABILITIES

59,289

432

59,721

23,634

NET ASSETS 59,289 432 59,721 23,634
FUNDS 6
Unrestricted funds:
General fund 59,289 23,202
Restricted funds:
Restricted fund 432 432
TOTAL FUNDS 59,721 23,634

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.


R.H.E.T. Forth Valley Countryside
Initiative (Registered number: SC226944)

Balance Sheet - continued
31 July 2024

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 22 September 2024 and were signed on its behalf by:





L R Reid - Trustee





S Mcrobert - Trustee

R.H.E.T. Forth Valley Countryside
Initiative

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. 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 and the amount can be measured reliably.

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.

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds are those that may be used at the discretion of the trustees in furtherance of the objects of the charity. The trustees maintain a single unrestricted fund for the day-to-day running of the charity.

Governance costs
Governance costs comprise those costs directly attributable to the governance of the charity. This includes accountancy fees and legal fees.

2. INVESTMENT INCOME
31.7.24 31.7.23
£    £   
Bank interest receivable 384 -

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 July 2024 nor for the year ended 31 July 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 July 2024 nor for the year ended 31 July 2023.



R.H.E.T. Forth Valley Countryside
Initiative

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund fund funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 4,536 - 4,536

Charitable activities
Charitable activities 200 - 200

Other income 5,241 - 5,241
Total 9,977 - 9,977

EXPENDITURE ON
Charitable activities
Charitable activities 3,887 - 3,887

NET INCOME 6,090 - 6,090


RECONCILIATION OF FUNDS
Total funds brought forward 17,112 432 17,544

TOTAL FUNDS CARRIED FORWARD 23,202 432 23,634

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Accrued expenses 649 161

6. MOVEMENT IN FUNDS
Net
movement At
At 1.8.23 in funds 31.7.24
£    £    £   
Unrestricted funds
General fund 23,202 36,087 59,289

Restricted funds
Restricted fund 432 - 432

TOTAL FUNDS 23,634 36,087 59,721

R.H.E.T. Forth Valley Countryside
Initiative

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

6. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 44,866 (8,779 ) 36,087

TOTAL FUNDS 44,866 (8,779 ) 36,087


Comparatives for movement in funds

Net
movement At
At 1.8.22 in funds 31.7.23
£    £    £   
Unrestricted funds
General fund 17,112 6,090 23,202

Restricted funds
Restricted fund 432 - 432

TOTAL FUNDS 17,544 6,090 23,634

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 9,977 (3,887 ) 6,090

TOTAL FUNDS 9,977 (3,887 ) 6,090

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1.8.22 in funds 31.7.24
£    £    £   
Unrestricted funds
General fund 17,112 42,177 59,289

Restricted funds
Restricted fund 432 - 432

TOTAL FUNDS 17,544 42,177 59,721

R.H.E.T. Forth Valley Countryside
Initiative

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

6. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 54,843 (12,666 ) 42,177

TOTAL FUNDS 54,843 (12,666 ) 42,177

7. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 July 2024.