for the Period Ended 31 December 2025
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 December 2025
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 January 2025
to
31 December 2025
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
| 2025 | 2024 | |
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£ |
£ |
| Turnover: |
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| Cost of sales: |
(
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(
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| Gross profit(or loss): |
( |
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| Distribution costs: |
(
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| Administrative expenses: |
(
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(
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| Other operating income: |
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| Operating profit(or loss): |
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| Interest receivable and similar income: |
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| Interest payable and similar charges: |
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| Profit(or loss) before tax: |
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| Tax: |
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| Profit(or loss) for the financial year: |
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As at
| Notes | 2025 | 2024 | |
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| Fixed assets | |||
| Intangible assets: |
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| Tangible assets: |
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| Total fixed assets: |
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| Stocks: |
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| Cash at bank and in hand: |
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| Prepayments and accrued income: |
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| Creditors: amounts falling due within one year: | 3 |
(
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(
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Creditors: amounts falling due after more than one year: |
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| Provision for liabilities: |
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| Accruals and deferred income: |
(
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(
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| Total net assets (liabilities): |
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| Members' funds | |||
| Profit and loss account: |
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| Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 December 2025
Basis of measurement and preparation
Turnover policy
for the Period Ended 31 December 2025
| 2025 | 2024 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 31 December 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
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| Amounts due under finance leases and hire purchase contracts |
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| Trade creditors |
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| Taxation and social security |
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| Accruals and deferred income |
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| Other creditors |
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| Total |
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Company activities and impact African and Caribbean Elders in Scotland (ACES) brings older people, who are 60+ years, together to share stories, learn, and doactivities together that enhance their wellbeing and overcome barriers that have adverse effects on their lives in Scotland. ACES'activities are multicultural and inter-generational, and they make a positive difference to lives and wellbeing of the members becausethey are informative, educational and entertaining. Members get an opportunity to express their lived experiences through art, music,poetry, and storytelling as well as visiting places of interest. Activities for this financial year, are as follows: -1. ACES held 2 meetings for general members and 3 meetings for the executive committee. The executive meetings involvedplanning events and making decisions about activities in line with aims and objectives of ACES. The general meetings were attendedby members, there was space for members to share news and information about themselves, listen to external speakers andparticipate in training events. ACES AGM was in March2. ACEs current strategies aim at enhancing governance, mobilizing resources, sharing workload and organizational developmentthrough.Key ideas included: -i) Job description for office bearers by one of the membersii) Consulting an expert on organizational strategic plan and fundraising strategyiii) Accounting issues and timely submission to Companies House.3. Annual Networking Rook Place and Africa Day celebration took place on 24 May 2025. It involved a guided tour of the BurrellCollection in Glasgow followed by lunch at Coco-Bana. People commented - it was very informative and interestingACES acknowledges the contributions made the event a great success: -i) The keynote Speaker Silence Chihuri of Fair Justice for Scotland.ii) ACES members who made wonderful contributions by speaking about important African leaders who are shaping the continentiii) Kay Solaja - ACE quiz session, an entertaining and educationsiv) Harriette Campbell contributed a cake to celebrate Africa Day and v) Age Scotland for funding the event. The event wasorganized by Jaime Lee of Age Scotland and Mukami McCrum of ACES.4. Tutankhamun Exhibition took place in October 2025 at SEC in Glasgow. An intergenerational event attended by 18 peoplemembers of ACES, friends and families. The event was the highlight of the year. The exhibition was interesting, educational andmind-blowing Virtual Reality experiences. The event helps with connectivity of our members who normally meet on zoom.5. Black History Month was held on 25 October 2025. The theme was, "Standing firm in Power and Pride". It was an internationaland intergenerational event attended by people of all ages, from countries such as Kenya, Gambia, Ghana and Scotland. The eventinvolved entertainment and informative story-telling session, poetry and quiz. The event was supported by Coalition for RacialEquality and Rights and Central Scotland Regional Equality Council.
Consultation with stakeholders To promote inclusiveness, ACES held 2 meetings for general members and 3 meetings for the executive committee. The executivemeetings involved planning events and making decisions about activities in line with aims and objectives of ACES. The generalmeetings were attended by other members, and, as in previous years, there was space for members to share news and informationabout themselves, received updates, listen to external speakers and participate in training events. ACES also held its AGM in March.ACES has also continued collaborating with other organizations: Collaboration has proven to be a very effective tool for ACES. TheNetworking lunch, visit to Burrell Collection and visit to Tutankhamun Exhibition were supported by Age Scotland. ACES voicesand presence are represented on various forums and organizations
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
31 March 2026
And signed on behalf of the board by:
Name: Mukami McCrum (Co-Chair)
Status: Director