| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| Report of the Trustees and |
| Financial Statements for the Year Ended 31 January 2025 |
| for |
| Eilidh Brown Memorial Fund |
| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| Report of the Trustees and |
| Financial Statements for the Year Ended 31 January 2025 |
| for |
| Eilidh Brown Memorial Fund |
| Eilidh Brown Memorial Fund |
| Contents of the Financial Statements |
| for the Year Ended 31 January 2025 |
| Page |
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 | to | 6 |
| Notes to the Financial Statements | 7 | to | 14 |
| Eilidh Brown Memorial Fund (Registered number: SC392388) |
| Report of the Trustees |
| for the Year Ended 31 January 2025 |
| 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 January 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 1 January 2019). |
| OBJECTIVES AND ACTIVITIES |
| Objectives and aims |
| The charity's objectives are: |
| - the relief of those in need by reason of age, ill-health, disability, financial hardship or other disadvantage; |
| - the provision of recreational facilities, or the organisation of recreational activities, providing short term respite holiday accommodation in the Stirling area (or adjacent area) for families of young people in treatment for, or recovering from, cancer, or for those families who have recently suffered a bereavement as a result of cancer of a young person; |
| - the advancement of any of the above purposes or objects by the giving of grants or the provision of funding to persons undertaking projects, initiatives and/or activities which further any of the above objects. |
| The charity aims to raise enough funds to purchase property to provide holiday accommodation in the Stirlingshire area or adjacent, where families can stay for respite during or following cancer treatment. |
| Volunteers |
| Volunteers sourced and used to cut lawn and surrounding areas weekly, to advise and help in wild meadow and garden area. |
| ACHIEVEMENTS AND PERFORMANCE |
| Despite a very challenging year for Nicole, Gordon and Ann Marie with health issues and bereavement we were still able to welcome more families than last year and continue to succeed in spreading awareness in what we are doing, hosting a successful music festival that is hopefully going to be established for the following years and if so could raise around £10,000 yearly (£10,000 raised this year). |
| Gordon also managed to set up meetings with a local friend who is looking for her company to take us on as their charity for the next three years and they are hopeful of raising us the significant amount of £10,000. |
| We did not have any grants in this past year and we will continue to seek out funding. |
| FINANCIAL REVIEW |
| Financial position |
| For the financial year to 31st January 2025 Eilidh Brown Memorial Fund has been funded by donations and fundraising. The surplus generated was £10,270 (2024 - £42,844). |
| Reserves policy |
| At the year end the charity had available reserves of £216,838 (2024 - £202,897). Reserves are being retained in order to achieve our main objective of maintaining the holiday accommodation for respite and therefore ensuring that we have at least 1 years operating costs in reserve. |
| Going concern |
| The Trustees know of no material uncertainties in relation to the charity's ability to continue. |
| FUTURE PLANS |
| To continue welcoming families all year round. |
| To continue spreading awareness that Eilidh Browns is now open and available to apply for bookings. |
| To continue raising awareness and fund raising. |
| To continue to monitor and improve facilities we provide for our families including improving outside garden area. |
| Eilidh Brown Memorial Fund (Registered number: SC392388) |
| Report of the Trustees |
| for the Year Ended 31 January 2025 |
| STRUCTURE, GOVERNANCE AND MANAGEMENT |
| Governing document |
| The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
| Recruitment and appointment of new trustees |
| Any additional Trustees will be recruited as required and will receive induction accordingly. |
| Decision making |
| The trustees meet on a regular basis to discuss ongoing and future activities. At this time, any decisions which are outstanding will be discussed and a solution agreed. If there are decisions to be made between the meeting times it is Gordon Brown and Nicole Brown that are responsible for these with the assistance of Ann Marie who has knowledge of the technical and legal aspects of charity procedures. |
| REFERENCE AND ADMINISTRATIVE DETAILS |
| Registered Company number |
| Registered Charity number |
| Registered office |
| Trustees |
| Independent Examiner |
| Gall Robertson CA |
| Tweedside Park |
| Tweedbank |
| Galashiels |
| Selkirkshire |
| TD1 3TE |
| Approved by order of the board of trustees on |
| Independent Examiner's Report to the Trustees of |
| Eilidh Brown Memorial Fund |
| I report on the accounts for the year ended 31 January 2025 set out on pages four to fourteen. |
| 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. |
| Pamela Baillie CA (ICAS) |
| The Institute of Chartered Accountants of Scotland |
| Gall Robertson CA |
| Tweedside Park |
| Tweedbank |
| Galashiels |
| Selkirkshire |
| TD1 3TE |
| 30 October 2025 |
| Eilidh Brown Memorial Fund |
| Statement of Financial Activities |
| (Incorporating an Income and Expenditure Account) |
| for the Year Ended 31 January 2025 |
| 31.1.25 | 31.1.24 |
| Unrestricted | Restricted | Total | Total |
| fund | funds | funds | funds |
| Notes | £ | £ | £ | £ |
| INCOME AND ENDOWMENTS FROM |
| Donations and legacies |
| Charitable activities |
| Investment income | 2 |
| Total |
| EXPENDITURE ON |
| Raising funds |
| Other trading activities | 1,444 | - | 1,444 | - |
| Charitable activities |
| Total |
| NET INCOME/(EXPENDITURE) | ( |
) |
| RECONCILIATION OF FUNDS |
| Total funds brought forward |
| TOTAL FUNDS CARRIED FORWARD | 960,253 |
| Eilidh Brown Memorial Fund (Registered number: SC392388) |
| Balance Sheet |
| 31 January 2025 |
| 31.1.25 | 31.1.24 |
| Unrestricted | Restricted | Total | Total |
| fund | funds | funds | funds |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 6 |
| CURRENT ASSETS |
| Debtors | 7 |
| Cash at bank | 8 |
| CREDITORS |
| Amounts falling due within one year | 9 | ( |
) | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| NET ASSETS |
| FUNDS | 10 |
| Unrestricted funds | 933,126 |
| Restricted funds | 27,127 |
| TOTAL FUNDS | 960,253 |
| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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. |
| Eilidh Brown Memorial Fund (Registered number: SC392388) |
| Balance Sheet - continued |
| 31 January 2025 |
| 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 |
| Eilidh Brown Memorial Fund |
| Notes to the Financial Statements |
| for the Year Ended 31 January 2025 |
| 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. |
| Going Concern |
| The directors have assessed a period of 12 months from the date of approval of the financial statements and consider that no material uncertainties exist that cast significant doubt about the ability of the company to continue as a going concern. Thus the directors adopt the going concern basis of accounting in preparing the financial statements. |
| 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. |
| Tangible fixed assets |
| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
| Freehold property | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates. |
| An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss. |
| Impairment |
| A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. |
| Eilidh Brown Memorial Fund |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2025 |
| 1. | ACCOUNTING POLICIES - continued |
| Tangible fixed assets |
| When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. |
| Taxation |
| The charity is exempt from corporation tax on its charitable activities. |
| Fund accounting |
| Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |
| Restricted funds 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 purposes. |
| Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
| Provisions |
| Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. |
| Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises. |
| 2. | INVESTMENT INCOME |
| 31.1.25 | 31.1.24 |
| £ | £ |
| Deposit account interest |
| 3. | NET INCOME/(EXPENDITURE) |
| Net income/(expenditure) is stated after charging/(crediting): |
| 31.1.25 | 31.1.24 |
| £ | £ |
| Depreciation - owned assets |
| Eilidh Brown Memorial Fund |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2025 |
| 4. | TRUSTEES' REMUNERATION AND BENEFITS |
| There were no trustees' remuneration or other benefits for the year ended 31 January 2025 nor for the year ended 31 January 2024. |
| Trustees' expenses |
| There were no trustees' expenses paid for the year ended 31 January 2025 nor for the year ended 31 January 2024. |
| 5. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
| Unrestricted | Restricted | Total |
| fund | funds | funds |
| £ | £ | £ |
| INCOME AND ENDOWMENTS FROM |
| Donations and legacies |
| Charitable activities |
| Investment income |
| Total |
| EXPENDITURE ON |
| Charitable activities |
| NET INCOME/(EXPENDITURE) | ( |
) |
| RECONCILIATION OF FUNDS |
| Total funds brought forward | 888,917 | 28,492 |
| TOTAL FUNDS CARRIED FORWARD | 933,126 | 27,127 | 960,253 |
| Eilidh Brown Memorial Fund |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2025 |
| 6. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Freehold | and | Computer |
| property | fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 February 2024 |
| Additions |
| At 31 January 2025 |
| DEPRECIATION |
| At 1 February 2024 |
| Charge for year |
| At 31 January 2025 |
| NET BOOK VALUE |
| At 31 January 2025 |
| At 31 January 2024 |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.1.25 | 31.1.24 |
| £ | £ |
| Prepayments |
| 8. | CASH AT BANK |
| 31.1.25 | 31.1.24 |
| General | Hedley | Total | Total |
| fund | Foundation | funds | funds |
| £ | £ | £ | £ |
| LTSB Treasurers Account | 186,754 | 3,050 | 189,804 | 177,596 |
| Bank deposit account | 33,411 | - | 33,411 | 32,418 |
| Total | 220,165 | 3,050 |
| Eilidh Brown Memorial Fund |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2025 |
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.1.25 | 31.1.24 |
| £ | £ |
| Accrued expenses |
| 10. | MOVEMENT IN FUNDS |
| Net |
| movement | At |
| At 1.2.24 | in funds | 31.1.25 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 933,126 | 12,741 | 945,867 |
| Restricted funds |
| Hedley Foundation | 3,050 | - | 3,050 |
| National Lottery Garden Project | 11,217 | - | 11,217 |
| Cash for Kids Entertainment | 4,772 | (1,148 | ) | 3,624 |
| Cash for Kids Garden |
| 8,088 | - | 8,088 |
| (1,148 | ) |
| TOTAL FUNDS | 11,593 | 971,846 |
| Net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 50,422 | (37,681 | ) | 12,741 |
| Restricted funds |
| Cash for Kids Entertainment | - | (1,148 | ) | (1,148 | ) |
| TOTAL FUNDS | ( |
) | 11,593 |
| Eilidh Brown Memorial Fund |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2025 |
| 10. | MOVEMENT IN FUNDS - continued |
| Comparatives for movement in funds |
| Net |
| movement | At |
| At 1.2.23 | in funds | 31.1.24 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 888,917 | 44,209 | 933,126 |
| Restricted funds |
| Hedley Foundation | 3,050 | - | 3,050 |
| National Lottery Garden Project | 11,217 | - | 11,217 |
| Cash for Kids Entertainment | 6,137 | (1,365 | ) | 4,772 |
| Cash for Kids Garden |
| 8,088 | - | 8,088 |
| 28,492 | (1,365 | ) | 27,127 |
| TOTAL FUNDS | 917,409 | 42,844 | 960,253 |
| Comparative net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 92,276 | (48,067 | ) | 44,209 |
| Restricted funds |
| Cash for Kids Entertainment | - | (1,365 | ) | (1,365 | ) |
| TOTAL FUNDS | 92,276 | (49,432 | ) | 42,844 |
| Eilidh Brown Memorial Fund |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2025 |
| 10. | MOVEMENT IN FUNDS - continued |
| A current year 12 months and prior year 12 months combined position is as follows: |
| Net |
| movement | At |
| At 1.2.23 | in funds | 31.1.25 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | 888,917 | 56,950 | 945,867 |
| Restricted funds |
| Hedley Foundation | 3,050 | - | 3,050 |
| National Lottery Garden Project | 11,217 | - | 11,217 |
| Cash for Kids Entertainment | 6,137 | (2,513 | ) | 3,624 |
| Cash for Kids Garden |
| 8,088 | - | 8,088 |
| 28,492 | (2,513 | ) | 25,979 |
| TOTAL FUNDS | 917,409 | 54,437 | 971,846 |
| 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 | 142,698 | (85,748 | ) | 56,950 |
| Restricted funds |
| Cash for Kids Entertainment | - | (2,513 | ) | (2,513 | ) |
| TOTAL FUNDS | 142,698 | (88,261 | ) | 54,437 |
| 11. | RELATED PARTY DISCLOSURES |
| 12. | INDEPENDENT EXAMINATION FEES |
| The amount payable to Gall Robertson in the year for Independent Examination of the accounts is £1,490 (2024 - £980). |
| Eilidh Brown Memorial Fund |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2025 |
| 13. | LEGAL FORM OF ENTITY |
| The charity is an incorporated charity, registered in Scotland with its registered office at 12 Newhouse, Stirling, FK8 2AA. |
| 14. | PUBLIC BENEFIT ENTITY |
| The charity is a Public Benefit Entity. |