Statement of comprehensive net expenditure
For the year ended 31 March 2025
| Type | Note |
2024-25 Administration £000 |
2024-25 Programme £000 |
2024-25 Total £000 |
2023-24 Total £000 |
|---|---|---|---|---|---|
| Income | 2 | 0 | 0 | 0 | 1 |
| Staff costs | 2 | (6,162) | (380) | (6,542) | (5,823) |
| Purchase of goods and services | 3 | (1,476) | (10) | (1,486) | (1,476) |
| Depreciation | 5 | (27) | 0 | (27) | (29) |
| Amortisation | 5 | (639) | 0 | (639) | (505) |
| Impairment reversal | 5 | 0 | 0 | 0 | 49 |
| Impairment | 5 | 0 | 0 | 0 | 0 |
| Loss on disposal | 5 | 0 | 0 | 0 | (49) |
| Net operating costs for the year | (8,304) | (390) | (8,694) | (7,832) |
The notes in the Notes to the Accounts section form part of the financial statements.
Statement of financial position
As at 31 March 2025
| Category | Note |
2024-25 £000 |
2023-24 £000 |
|---|---|---|---|
| Non-current assets | |||
| Tangible assets | 5 | 96 | 62 |
| Intangible assets | 5 | 3,464 | 2,974 |
| Total non-current assets | 3,560 | 2,974 | |
| Current assets | |||
| Other receivables | 6 | 93 | 25 |
| Total current assets | 93 | 25 | |
| Current liabilities | |||
| Trade and other payables | 7 | (1,133) | (626) |
| Total current liabilities | (1,133) | (626) | |
| Total net assets | 2,520 | 2,373 | |
| Taxpayers' equity | 2,520 | 2,373 |
The notes in the Notes to the Accounts section form part of the financial statements.
The Chief Executive and Accountable Officer authorised these financial statements for issue on 02 October 2025
Elaine Lorimer – Chief Executive of Revenue Scotland and Accountable Officer
Statement of cash flows
For the year ended 31 March 2025
| Category | Note |
2024-25 £000 |
2023-24 £000 |
|---|---|---|---|
| Cash flows from operating activities | |||
| Net operating costs for the year | SOCNE | (8,694) | (7,832) |
| Adjustments for non cash transactions | |||
| Audit fee | 9 | 108 | 107 |
| Depreciation | 5 | 27 | 29 |
| Amortisation | 5 | 639 | 505 |
| Impairment | 5 | 0 | (49) |
| Loss on disposal | 5 | 0 | 49 |
| Movements in working capital | |||
| (Increase)/Decrease in trade and other receivables | 6 | (68) | 3 |
| (Decrease)/Increase in trade and other payables | 7 | 476 | 12 |
| Net cash outflow from operating activities | (7,512) | (7,176) | |
| Cash flows from investing activities | |||
| Purchase of non-current assets | 5 | (1,252) | (500) |
| Proceeds from disposal of assets | 4 | 0 | 6 |
| (Decrease)/Increase in capital creditors | 7 | 31 | 0 |
| Net cash outflow from investing activities | (1,221) | (494) | |
| Cash flows from financing activities | 0 | 0 | |
| Net funding | (8.733) | (7,670) |
The notes in the Notes to the Accounts section form part of the financial statements.
Statement of changes in taxpayers’ equity
For the year ended 31 March 2025
| Category | Note |
General Fund Reserves 2024-25 £000 |
General Fund Reserves 2023-24 £000 |
|---|---|---|---|
| Balance at 31 March | 2,373 | 2,428 | |
| Net operating costs for the year | SoCNE | (8,694) | (7,832) |
| Non cash charges – auditor’s remuneration | 9 | 108 | 107 |
| Net funding | SoCF | 8,733 | 7,670 |
| Balance at 31 March | 2,520 | 2,373 |
The notes in the Notes to the Accounts section form part of the financial statements.