The Charities Accounts (Scotland) Regulations 1992

PART 2 Additional information to be provided by way of Notes to the Accounts

In respect of the statement of balances and receipts and payments account—

(a) the nature and purpose of each of the major funds;

(b) except where provided in the statement of accounts, a reconciliation of the total opening funds to the total closing funds, by major fund, summarising the receipts and payments of each fund and detailing any movements between them during the financial year;

(c) details of any grant or grants paid which exceeds or exceed in aggregate 2percnt; of the gross receipts from all sources for the financial year; separate diclosure shall not be required where the grant or grants is or are made for the benefit of an individual; and grants made for the benefit of individuals should be aggregated and the total, number and range of grants shown;

(d) the aggregate amount, if any, of any remuneration or reimbursement of expenses paid to the trustees and the aggregate amount, if any, of any consideration paid to or receiveable by third parties for making available the services of the trustees unless disclosed in the statement of accounts; and

(e) such other information as may reasonably assist the user to understand the statement of accounts.