Scottish Charity Number.. SC001256 Alliance Fran¢aRse de Glasgow (A Scottish Charitable Incorporated Or8anisation) Financial Statements Year Ended 31 July 2024
Alliance Franfaise de Glasgow Content$ of the Financial Statementsfor the Year Ended 51 July 2024 Page Reference and Administrative tktails Rep(Trrt of the Truslees Report of the Independent Examiner Statement of Financial Activities Balance Sheet Notes to the Financial Statements 7-13
AlllaDce Fran¥aise de Glasgow Referenee and Adminlstrative Details RegJ'$tered Offi¢e 3 Park Circus Gla$8OW G3 6AX Seottish Ch*rlty Number sctx)1?56 Inde endenl Eiaminer AZCLS Audii Sen'icts Chartered A¢countsn Titanium I Kj'ng's Inch Place Renfrew PA4 8WF Bankers Bank of Scotland p5¢ 174 Byres Road Glasgow Gl2 8SW BRED Banque Popjlaire Agen¢e Rapée 18 quai de la Rapée 75604 Paris Cedex 12 FRANCE
Alliance Franfaise de Glasgow Report of the Trusteesfor ihe year ended 31 July 2n24 The trus(ees are pleased to ffesent their repnrt together with Ihe financigl gt21¢m¢nts for th¢ y¢TrT Ct)ded 31 July 2024. Status of Charity ad Goverlling Document Alliance Fran¢aise de Glasgow I'lhe chaiily'l Is a recognised Scoiiish charity (No. SCOO12fj61. governed by ils Memornndum and Articles of A$80¢iation. Alliance FranGais¢ de Glasgou, (part ofa u'orld wide network of Alliances Fran(aiseg} was founded In 1982 and was incorporatcd a% a company limiied by guarantee (No. SC197741 l on l July 1999. The chatiiy convened its slarus 10 a Scottish Charitable Incoryx>rdted Organi%81ion ISCIO) on 7 Augusi 2019 and r¢iained its ¢xi%iin¥ Sco(11.sli Lhaniy llumber. The SCIO ts regulaied by its own consiiNiitsn. A SCIO is a legul cntily and sucli ihe irubicc5 Iiie iii gen¢ral proiecied from in¢uffing personal liabllity and can enter contrts, employ staff, own property et Printipal Aeirvities And CharitAble Objectives Th¢ charity wniinue% to fulfil ILS origillal charitible thjeciives of promoting knowledg¢ of Frcnch langua8c and cultsre in the City of Glasgow and the %urrounding area. ofrice Bearers The Trustees wkn served dwing the year and to the date of this report were as follows.. Appointmeni of Trustees New Tnjsiees are appointed for a period of three ycars ot)d arc clecied by yncii)ber% of thr SCIO. Prior 10 iheir appointmeni. new Tru8tee4 wnuld be familiar with the charity's vmlues. its aim% and objeciii'¢.s a.% well a% ils day-lo- day operaiions. A% pan of their induciion programme. new Trustees are required (o understand their statutory responsibiliiies.
Allfiance Franfaise de GlasgoTrv Report of the Trusteesfor the year ended 31 July 2024 FiD*ne141 r•vlgw Prineip41 soHrces oflwndinz The charity r¢ceives mosi of its funding from charging mi(iDn fec5 for its educational a¢tivitle5. li also r¢¢¢ives Ordni Funding fronj The Fr¢n¢h miTLi5 of Foreisn Affairs. ReJM115for ¢hear The fJnDncial 8tatem¢Dts for the ye#r are sel out in pages S to 13. The S¢attment of Financial Activities on page 5 refl¢ct5 nei ¢xpendi¢ure for the year of £13,911 (2023.. £109.430). Reserves The charity maintains free res¢rves sufficienl 10 finance its operatlllg costs. Reserves in excess of this amount are applied to furthcr the charity s objectives. The chariry's fr¢¢ reserves at 31 July 2024 amounted to £155,82612023'. £167,630). Sialemeni on rifk Thetruqtees assess themajorrisks10 which the chaniv isexposed on an ongoing basis and have established pro¥edurts to rniligaie those thai are idcntilied as a Tesult of these r¢vi¢ws. TrSlee8, Responslbilities Under legislation relaiing ro chariiies in Scvilatld, lh¢ Trusiees r¢qyirtd 10 pr¢part fiAAtteial sthtements for eoch financial vear which give a true and fair view of the state of the charity's affairs artd of its incoming resources applicaiiot) of resources, tncluding its siirplus or deficii for that year, and which have been properly prepared from and art in agreement with thc accouniing records of the charity and Comply with relevant d)1(4Ure requiremenls. In preparing those fmancial stalernenig. Ihe Tnjstees are required to: Seleci suitsble accounting policies and then apply them eon%istenily Makejud8ernenls and eslim&tes that are reasonable and prudent Prq)are thr fLnancial 5tat¢ments on th¢ 80in8 concern b&sis unless li is inappropriate 10 presume that the harJ¢y will continuc xts activiti¢s. The Trnstees art required to a¢t in accordan¢¢ with the constituiion of the ¢lwiiy. and withjn the framework of ttusi Jttw. They are responsible for keeping a¢¢ounting records thal disclose wi1h Te&%onable accuracy at any lime the fmAncial posxtion of the ¢harity and 10 enable them 10 ellsure that the Financial Statements COTnply with the requirements of Charities and Truee Itwestment Iscoiland) Act 2005 and the Charities Accounts (Scotland) Regulation$ 2006 flowing iher¢ from. They have general responsibility for tsking such sieps as are reasonably open to them to safeguard the assets of the charity and to prevent and deteci fraud and other IegUl]I1cs. On behalf of the Board Daie.d.. ?_$1fl41?n25
Alliance Franf aise de Glasgo Report of the Independent Examiner to the Trustees.for rhe vear ended 31 July 2024 I report on the accounts for the year ended 31 July 2024 which are ¢£t oul on pages 5 to 13. Respectlve Responsibilities of Trustee$ and Examiner 'I"he charity's inJ%tees are responsible for the preparation of the accounig in accordance Hith the tem)% of the Charities and I'rusiee InNe.qtmenl (Scotlandl Aci 200.5 and th¢ Charilie% Accouttis (Scoilandl Regulations 20(kS. The charity's Irusiees consider that the audit requiremcnl of Regulation 101 I I lal to {¢) of the 2006 Accounts Regulalions doc% noi apply. li is my responsibility to examinc the accounis as required under section 4411) Ic) of the A¢t and 10 Stale whether panicularmallers have ¢ome 10 my attention. B•$i$ of Ind¢pendent Examill¢Y'¥ Stalenieffji My examination is Caryied out in accordanc¢ willi Re¥uldlion I l of the Charities Accoun (Scotlandl Rcgulaiions 2006. An examination tnclud¢s a review of the accounting rt¢ord5 kept by the chan'ty and a comparison ol c¢iTrullts presented M'iih those rOrdS. It also includes eonsEderdtion of any unusual items or disclosures in the accounLs. aT]d seek% explanaiic)n4 from (he tru£tees eowemit)g any such mattcrs. Tht proceduir) unden¢iken do noi provide all the ¢videncc thai would requlred in audii, aod ¢onsequently I do not exprc58 an 4udit opÈnion ojt the view given by the accounts. Independent Examiller's Statement In the cow8¢ of my exarnination, rto matier has come io my att¢nlion= which gives me reasonable cause io believe that in any material respect the r¢quirem¢nis.' io k¢¢p accounting records in accordance with Seeiion 4411 l (al of the 2005 Act and Regulaiion 4 of the 200fj Accoun Regulations, and itr ptepare acLounis which accord with Ihc accounting record4 and comply with Regulation 8 of Ihe 2006 A¢¢ounts Regulatfftons have not been met, or tn which. in my q)inioL, attention should be drawn in ord¢r to enable a proper underbtanding of thc accounts to be reached. nsiitt]te of Chartered A¢¢oyntants of S¢otlllnd Azets Audit Services Chartered Ac¢ouniants Titanium I King's Inch Place Renfrcw PA4 8WF Dated.. 2510412025
Alliance Franfaise de Glasgow Statement of Financial Activities and Ini'ome and ExpeTrditure Account for Éheyear ended 31 Julj. 2024 UDrtstrleted Resirieted Funds Funds 2024 To¢•1 2023 Total l¥otes In¢ome and endowments from: Donations and legacies Charitable activities Investmen 46,820 297,481 6,347 21,036 67.856 297,481 6J47 40.308 286.346 4.266 Total 350.648 21,036 371,684 330,920 Expenditure on: Charitable aciiviiies Other-. Governance costs Other.. Depreciation 358,824 1.620 2.008 21,036 379.800 1,620 4,115 432,274 1,680 6,396 io 2.107 Tot41 362.452 23,143 385,59S 440.350 Net ineome 111.804} 12.107) 113,911) 1109.430) Transfers between fvnds Yet movement in funds {11,804) {2,1071 (13.911) {109,430) Recon¢ill#tlon of funds: Total funds brought fonvard T•t81 funds carrled forw4Td 167.630 2,107 169,737 279,167 155,826 155.826 169,737 The statement of finoncial activiiies include5 all gains and losses recognirtd in the year. All income and expenditure derives from continuing aciivilies. The noie5 on page$ 7 10 13 fom) part of Ihe5t finat]cial siaLemenlS.
Alliance Fran¢aise de Glasgow Balance Sheet as at 31 July 2024 2024 2023 Note FIA¢d A55ets Tan¥ibl¥ fixd assas 12 3,459 7,292 Current Asset$ D¢bior8 Cash ai bank and in hd 3,459 7,292 13 18,360 176.677 2.091 188.503 195.037 190,5 Q4 Creditors: Amounts talling du¢ within one year Net Current Assets 14 28.149 152,367 162,445 Tot1 net s$ets 155,826 169.737 The fund$ of the charity.. Unrcstricied Funds Gen¢ral 17 155.826 167,630 Rc8tsi¢tcd funds Frcn¢h Fo111 OITLi¢ GraIii 17 2,107 155.826 169.737 The financial iiai¢ment% were approv¢d by the Board on 25;'0412025 and signed their b¢half by.. -l-he nolcs on pages 7 to 13 fonn pan of these finon¢ial siaternents.
Alliance Franfaise de Glas ow Notes to the Flnancial Statementsfor the Year Ended 31 July 2024 Accounting Policie$ The principal accounting policies adopted, jud8ements and key sources of esiimaiion uncertainty in the PTeparation of the financial staternents are as follows.. General JnformutiOIJ The ¢harity is a Scotiish Charitsble Incorporated Organisation and the addres5 of th¢ registered office can be found within the reference and administrdtive detsils. The presentation currency of the financial statements is pounds sterling (£). Btssis ofpreparation The finan¢ial statements have been prepared in accordanc¢ with Finallcial Reporting Standard 102, as issued by the Financial Reporting Council leffective l January 20161 {"FRS 102,1, the Chan'ti¢s and Trustee Investment (Scotlal Aci 2005. the C.h?rilie* ActnunLs {Scotland) Regulations 2006 (as amended}. and Statement of Recomm¢nd¢d Practice {SORPI- Accounting and Reporting bycharities (as amended by Update Bulletin l). The chaTity meets the definition of a public benefit entity under FRS 102. Assets and liabilitie5 are initially recoEnised ai historical Cost or transiiion value unless otherwi5¢ Stated in the relevant accounting policy. The Trusiees Wlder that there are no matcrial un¢enaiDii¢S about the charity's abiliry to continue as a goillg concern. Inc&me All income is recognised onc¢ the charity has entitl¢ment to the income, there is 5uificient certainty or receipt and so it is probable that the wome will be received, and the amouni of incom¢ rwcivable can be measured reliably. Income from government and other granLS. whether 'capital' grants or 'Tevenue' grants. is recognised when the charity has eniiilement to the funds. any performance conditions attached io the grants have been met, li 1$ probable thai the income will be received and the amount can be measu1 reliably. Income received in advance of classes or provision of other specified service it is deferred until the criteria for income recognilion ore met. Inieresi receivuble Interesi on funds held on deposit Is included when receivable and the amount can be me4sur¢d reliably by the charity; this is normlly upon noiifJ¢arion of ihe inieresi paid OT payablc by bak Eypendilure Liabilitkes are recogni5¢d &s expendire as soon as there is a legal or conSts¢tive obligation commi¢ting the harity to that expendifvre, it is probable that settlement will be required and the amount of the obligation Can be measured reliably. All ¢xpertdlre is accounted for on an acc1$ basis. All expenses, including support costs and governance costs, are alloCad or apportioned to ihe applicable expenditUTe headings in the statement of fin8n¢ial activitieg. TangiblefLYed assets Dcprcciation is proYid¢d fji the following annual rntes in order to write off eoch Asset oveT its esiimated useful lif¢'.- Computer equipmenl Library refurbishment Library siock Library equipment Furniture Website costs 25 /D and 33 113Q/o straight line 20•/u StTaight line 25.10 qtraight line 33 1130/0 Straight line 33 113•/• 5trdight linc 33 1 j3•/0 Strdl8ht li#e
Alliance Fran£aise de Glasgow Notes to the Financlal Statement$for the Year Ended 31 July 2024 l. Aecounting Policies (continued) Stocks Srocks are valued ai ihe lower of cosi and net r¢alisable value. afier making due allowance for obsolete and slow moving items. Foreign Cur*eneie5 Transactions in foreign currencies are recorded ai the rate ling al the date of the tran5a¢tion. Monetary assets and liabiliiie% are retranslated ai the rate of cx¢hange ling ai ihe balance she¢1 ditie. All difference5 are taken to the Statemeni of Finan¢ial Aciiviiies. Inveslments Fixed a&sel investments are stated at rnarkei value at the balance sheet dare. The 51atemeni of financial activities includes nel gains and losses arising on r¢valuaiion and disposals throughout the year. Fundstruclure Unresiricied income fund5 compri% ihose funds which the trustees are flee to use for any purpose in nherance of the charitable objeLts. Restricied funds are fund5 which are io be used in accordance with specific restriciion8 iTllpos¢d by the donor or trust deed. Further dethils of each fund are disclosed in no 17. Impaipmenl ofAssets A$seL, oiher Ihall those mea%ured at fair value. are assessed for indica¢ors of impairnient ai each balance sheet dat¢. If there is obj¢ctive evidence of impairnient. an impaimieni10$5 is Tecognised in profil or loss as described b¢low. N -financial assets An asset is irnpaired where there is objective evRden¢e thaL as a result of one or more events that 0Urred after initial recognition. the estimated recoverdble value of the asset has been reduced. Th¢ recoverdble amount of an akset is the higher of ils fair value le%$ costs 10 sell and it% value in use. Where indicator8 exist for a decrease in impaimienl loss, the prior irnpaimieni lo& is $ted to deterniine reversal. An impainnenl loss is reversed on an indiyiduai trnpaired asset to the extent thatthe revised recoverable value does not lead to a revised carying amount higher than the ¢aryÉng value knd no impairnient been recogni.ed. Fin cial assets For fjnancial assets carried at amortised cost, the amount of impainnent is the difference behveen the asset's carying amount and ihe present i'alue of estimated fuwre cash flows. discounled ai the financial asset's original effeciive inter¢st rdie. For financial assets carried al cost less impairn]eni, Ihe impairnieni loss is the differen¢e between ihe a55et's carrying amount and the best e5timaie of the amouni that would be received for thc asset if it were io be sold ai Ihe reporting dale. Where indicators exisi ftsr a decr¢a5e in impairn]ent loss, and the decrease can be relaied objectively ¢0 an eveni occurring after the tmpairnient was recognised, the prior impairnient loss is tesied to deierniine reversal. An impairn)eni loss iqreversed on an individual impaired financial asset to the exnI that therevised recoverdble value does not lead to a revised carying amount higher than the carying value had no impainneni bttn recognised.
Alliance Franfaise de Glasgow Notes to tbe Financial Statementsfor the year ended 31 July 2024 2. IDeome frotn donations and legacies Unrestrfeted Fullds Restricted Funds 2024 Total 2023 Tot¥41 General grdnt French Foreign Otrice grdnl 46.820 46,820 21.036 07056 21,883 18,425 40,308 46,820 21.036 Totals 2023 21,883 18,425 40.308 3. Ineome from cbsritable aetlvities Library ineome Course fees Sundry incorn¢ Insurance claim 12,694 281,492 3.295 12.694 281,492 3.295 11,757 266.673 7.411 505 297.481 297,481 286.346 Totals 2023 286.346 286,346 4. InVestMets Bank interest 6.347 6J47 4266 6,347 6J47 4,266 Totals 2023 4.266 S. Charltable a¢tivities eXpendItre Other Dlrett Costs Share of Support Costs Sta eosts Total 2024 Tot41 2023 Activity Teaching aDd culttwal events 239,637 16,194 124.029 379.860 432.276 239,637 lfi,194 124.029 379.860 432.276 (Nole O) (Nole 7) (Note 8) Ofwhich.. Rela¢ing to unrestrict¢d funds Relating to restrIcd funds 218 601 16,194 124,029 358124 413.851 21,036 18,425
Alliance Franf aise de Glasgoiv Notes to the Finaneial St2t¢meDtsfor iheyear ended 31 July 2024 6. Staff Costs 2024 2023 Gross salaries Social security costs pe10nS 222.390 13.560 3.687 239,637 270.013 22,898 3,884 296.795 Allocated as follows- Teaching and culwral events 239.637 239,637 296.795 296,79S The average number tsf anploy¢c5 in the year. calculated 011 o full lime ¢quivalcni basis, was 10 12023 - 11 I. No employees received remut]erntron of £60.1)00 or more. No remunerdlion was paid to the trustee8 in the year (2023 nil). 7. Other direct costs ureStricted Funds Restricted FllDds 2024 Total 2023 Total Cultllral and Social Evtnts Cultural events Social ev¢nts Ilospiialiiy 8,550 8,5YJ 10,611 620 1.589 913 913 Llbrar}' Expen$ Books and videos 587 S87 Teaching Expenses Books Exam fees Refreshmenis Phoiocopying Teaching maicrials Teacheis, Iravelling expenses Workshop costs 3,042 3,042 2,036 1.170 570 874 488 16,194 1.170 570 874 488 10,194 422 3.237 18,532 Allocaied as follows.. Teaching and cultural events 16,194 16.194 16,194 18,532 18,532 10
Alliance Fran¢aise de Glasgoiv Notes to the Financial Statementsfor the year ended 31 July 2024 8. Support Costs Unrestrieted Funds Reltrieted Funds 2024 Total 2023 Total Offi¢e Costs Building maintenance & cleaning costs Insuranc¢ Reni 14,027 1.956 48.882 2.549 5.614 20,419 775 13,718 7.985 415 14,027 1,956 48.882 2,$49 5,614 20,419 775 13,718 7.985 415 13.449 1.831 50.928 2,768 7,630 17,406 2.451 4,882 7,329 948 137 25 489 (1,0381 7.714 Heat & light Security Bank charges Miscellaneous Cornputer expenses Equipmeni leasing Office supplies Posthge Telephone Foreign exchange losse{gaIns) Digital manager 98 2.146 1373) 5,818 2.140 (3731 5,818 124.029 124.029 116949 Allocated as follows.. Teaching and CUIttal Events 124,029 124,029 124,029 124029 116,949 116,949 9. Other: Governance costs Unre5¢ritted Funds Re5tTl¢ied Funds 21124 Total 2023 Total Independent Examinels fee 1,620 1.620 1,620 1,620 1.680 Totals 2023 1,680 1,680 111. Surplus 2024 Tot#1 2023 Total The surplus is stat¢d after charging'.- Depreciaiion- unrestricted Depreciation- restric¢¢d Totsl depreciation Independent Examiner's fee 2,008 2.107 4.115 1,620 855 5.541 6_196 1,680 11. Taxation No liabiliiy to UK Corpordtion Tax arises In light of the organisation's charithble status.
Alliance Franf aise de Glasgow Notes to the Financlal Statementsfor rheyear ended 31 July 2024 12. Tangible Flxed Assets Compllttr Equipment Llbrary Refurb Library Equipment Website Cost$ Furniture Total Cosl Ai l August 2023 Additions Dlsposal. Ai 31 July 2024 44,777 282 15,289 4.095 17,359 4,736 86.256 282 45.059 15,289 4,095 17,359 4,736 86,538 D*precialio At l Augubt 2023 Charge for year Dispols At 31 July 2024 40.915 2,975 15.289 4.095 16.698 217 1.968 923 78,965 4,115 43.890 15.289 4.095 2,891 83,080 Net Book Value At 31 July 2024 1.169 444 3,459 Ai 31 July 2023 3,862 661 2,768 7.292 13. Debtor8: Amounts falling due within one year 2024 202J Trade debtors PrepanentS and other debtors 320 18.040 429 1,662 18,360 2.091 14. Creditors.. Arnounis falling due within one year 2024 21123 Trade creditors AccnJ218 Swial security and other taxes Defted income 5,072 1,920 3,083 18.074 5.295 2,812 34,563 42,070 28,149 12
Allianee FranFaise de Glasgow Notes to the FlnanciAI Statementsfor rheyeay ended 31 July 2024 15. Net As$ets by Fund Unrestricted Fund Restricted Fund Tot Fixed Asseis Cash at bank & on hand D¢btOTS Creditol 3.459 176,677 18.360 (42.6701 155,826 3,459 J76,677 J8J60 (42,0701 155026 16. Oper8ting leA$e tommftmeDt5 At 31 July 2024 the charity had 8Tmual commitments as follows=_ 2024 2023 Expiry dale.. Wrthin one year 49.767 48,802 17. Fund# IDcoming re$our¢ Resourees expended Los5 Transfers on iDVeStments Ba14nce At 31.07.24 01.08.23 Unrestricted Funds General Fund 167.630 350,648 (362,4521 155,826 R¢$trleied Funds Fr¢n¢h Foreign Office grant 2,107 21.036 123,143) Total 169,737 371.684 385,595 155,826 Expl4notion offunds GenerAI Fund.. This fund is used for ihe furtherdn¢e Of the object% af the eharity. FreDcb Forelgn Office gr*ttt.. This fund is to help the Alliancc Frdn¢aise promote French lanEuag¢ and culture, drvelop its Library and r¢inforee the Franco-Gernian cooperation. 18. Rel¥ted Parti. Transaetiong No Trustees received Jrrnuneration for their services in the yearto 31 July 2024 {2023.. £nill. 19. Liability of Members The charity is a SCIO and has no share capital. Th¢ member5 do noi h&ve any liability in the event of winding-up. 13