YOKER RESOURCE CENTRE GROUP FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2024 Registered Charity No. SC010367
YOKER RESOURCE CENTRE YEAR ENDED 31ST MARCH 2024 TRUSTEES REPORT The Trustees present their report and financial statements for the Yoker Resource Centre and its subsidiary (The Group) for the year ended 31 st March 2024. REFERENCE AND ADMINISTRATION INFORMATION.. CHARITY REGISTRATION NO. SC010367 PRINCIPAL OFFICE 10 KELSO PLACE GLASGOW G14 OLL INDEPENDENT EXAMINER ACCOUNTANTS AND BUSINESS ADVISERS 180 ST VINCENT STREET GLASGOW G2 5SG BANKERS BANK OF SCOTLAND PLC 836 CROW ROAD GLASGOW G13 1ET SOLICITORS BURNESS PAULL 2 ATLANTIC SQUARE 31 YORK STREET GLASGOW G2 8AS
YOKER RESOURCE CENTRE YEAR ENDED 31ST MARCH 2024 TRUSTEES REPORT (Contd.) TRUSTEES The Trustees who setved during the year were as follows.. ICHAIRMANI ISECRETARYI (Deceased 131011241 (Appointed 121011241 STRUCTURE GOVERNANCE AND MANAGEMENT Governing Document The Charity is an unincorporated Scottish Charity governed by ils Conslitulion. 11 is the intention that the assets and liabilities of the charity will be transferred to a SCIO Yoker Resource Centre SCIO SC050764. As at the date of signing of the accounts this transfer has yet lo take place. Appointment of Trustees As set out in the Conslilulion, Committee members are appointed from the member organisalions, with the Committee able to co-opt up to five additional Trustees who need not be members. Trustee Induction and Training New Committee members undergo an orientation day to brief them on their legal obligations under charity law. Committee members are encouraged lo attend appropriate external training events where these will facilitate the undertaking of their role. Oryanisational Structure The Management Committee administers the charity. The Committee meets regulady and delegates responsibilities lo Sub- Committees including a Development Sub, Staff Affairs Committee. Each project or service provision has the right to two voting representations on the Management Committee. A senior officer is appointed by the Committee lo manage project staff and the day to day opeotions of the charity. To facilitate effective operations, the Senior Officer has delegated authority for operational matters including service provision, finance and administration. The Yoker Resource Centre has a subsidiary company, Yoker Community Campus Development Company, which manages the Yoker Community Campus Building, the results for this company are consolidated with that of the Yoker Resource Centre. Risk Management The Committee have considered the major risks lo which the charity is exposed and have reviewed those risks and established systems and prOdureS to manage those risks. The Management Committee have agreed clear lines of delegation and authority lo staff and delegated authority for operational matters including Servi provision, finan and administration. Charitable Objectives The charitable objectives are to promote the benefit of the residents of Yoker and environs, especially in the area of social need and education and training, particularly skills which will aid in the search for employment. Strategy The strategy is to associate with local authorities, voluntary organisations, employers and residents in a communal effort lo advance educats'on and lo provide facilities in the interests of Social Welfare.
YOKER RESOURCE CENTRE YEAR ENDED 31ST MARCH 2024 TRUSTEES REPORT (Contd.) ACHIEVEMENTS AND PERFORMANCE Financial Review The results for the year show income of £408,99312023.. £481,588) and direct expenditure on charitable activities at £460,782 12023. £493,654) This includes £239,688 direct charitable expenditure through the Yoker Community Campus Development Company12023.' £204,8201.The net movement of funds for the year was a decrease of £63,837 12023.. £24,270) giving reserves of £167,167 12023.. £231,004). Review of Year The bid for funding for the elderly project for April 2023 to March 2026 was successful and 2023124 was the first year of the new funding. The project continued to grow and il continued lo deliver the service to the local elderly population and the Friday performance of the Yoker Minstrels has become a very popular attraction. The Yoker Resource Centre continued to provide space lo the elderly project and provided a base for the North West Glasgow Voluntary Sector NeOrk and for the Glasgow Council on Alcohol lo conduct counselling service in the area for up to three days per week. The Centre is also used as a base for other charities and is the meeting place for the Yoker Community Council. The Yoker Community Campus also had ils first year of funding from the new Glasgow City Council fund. In addition the Yoker Community Campus was SUCssful in attracting Lollery funding for years which will deliver a new programme to battle isolation and mental health difficulties. This success provides some stability for the Yoker Community Campus going forward. Principal Funding Sources The principal funding source was contributions from Local Authority Grants. Reserves Policy The resetves are split between unrestricted, where the reserves are available lo be applièd by the Trustees in fijrtherance of the charity s objectives and Stricted, where the Grant Funder or Donor has applied StrictIONS on the use of the funds. Unreslrieled serveS of the group were £108,631 as at 31st March 20241£137,137 31st March 20231 and reslrieled reserves were £58,536 as at 31 sl March 20241£93,867 31 st March 20231. Unrestricted reserves al 31 st March 2024 include £52,374 (£54,617.. 31 st March 20231 which relates lo the fixed assets held by the parent and are therefore not considered free reserves. The policy of the charity is lo have unrestricted reserves equivalent to three months running costs. As such the policy of the charity to have unrestricted reserves equivalent to three months running costs was not mel. The Trustees note the decrease in the unrestricted reserves and are currently exploring applications through funding bodies lo develop the elderly project and are also looking at options lo increase the use of the Yoker Resource Centre building which would bring in additional revenues. The Trustees will continue lo monitor the situation and will tske steps lo increase the unrestricted Income or reduce the unreslricled expenditure to balance the budget and start lo increase unreslricled reseNes towards the level of three months running costs. Key Management Personnel The Trustees consider the key management personnel of the charity lo be the Trustees, the Senior OffIr , the Finance and Adminislralion Manager, Disabled and Elderly Care OffIr together with the Directors and Development Officer of the Yoker Community Campus Development Company. These people are the key management personnel in charge of directing and controlling the charities and running and operating the charities on a day lo day basis.
YOKER RESOURCE CENTRE YEAR ENDED 31ST MARCH 2024 TRUSTEES REPORT (Contd.) GOING CONCERN The Centre has secured funding for the elderly project through Glasgow Communities Fund until March 2026. This together with additional funding which has been successfully applied for has secured the future of the Elderly project to al le8St this date. However, given the funding was secured for the Elderly project and not the Yoker Resource Centre there is still a lack of funding for the Yoker Resource Centre building and therefore the decision has been taken to close the building. This will enable the Yoker Resource cent Charity to continue lo run focusing on the Eldedy Care project which will now be based in the Campus building. This will enable this projeel to continue running albeit from the Yoker Community Campus but still accountable to the Board of the Yoker Resource Centre. The Trustees will continue to monitor the situation closely and the impact that these decisions has on the finances of the Charity FUTURE PLANS Following the resignation of the Finan and Administration Manager, the decision was taken not to repla this post and given the repair work which was outstanding on the Yoker Resource Centre building the decision was taken lo close the Yoker Resource Centre. This closure look place at the end of September 2024. 11 is planned to look al potential capital funding lo repair and upgrade the building bul failing that it will be necessary lo hand back the building lo Glasgow City Council. The Yoker Resource Centre IOSCR No. SC0103671 will be incorporating into the Yoker Resour Centre ISCIOI IOSCR No. SC0507641 before the end of the 2024125 financial year. Following this the Yoker Resource Centre SCIO will continue to run the Elderly Care Project and will continue lo work with other agencies lo provide services in the area. Independent Examiner A resolution lo re-appoint f Alexander Sloan LLP as Independent Examiner will be proposed at the forthcoming Annual General Meeling. 1711212024 This report was approved by the Trustees on the . and signed on its behalf by Secretary
YOKER RESOURCE CENTRE YEAR ENDED 31ST MARCH 2024 STATEMENT OF TRUSTEES. RESPONSIBILITIES The Trustees are responsible for preparing the Trustees. Report and the financial statements In accordance with applicable law and United Kingdom Accounb"ng Standards (United Kingdom Generally Accepted Accounb"ng Practice). The law applicable lo charities in Scotland , the Charities and Trustee Investment (Scotlandl Act 2005, the Charities Accounts (Scollandl Regulations 20061 as amended) and the provisions of the charity's Memorandum and Articles requires the Trustees lo prepare financial statements for each financial year which give a true and fair view of the slate of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the Trustees are required lo." select suitable accounting policies and then apply them consislenlly., observe the methods and principles in the Charities SORP 2019 IFRS1021", make judgements and accounting estimates that are reasonable and prudent., stste whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements", prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any lime the financial position of the charity and enable them lo ensure that the financial ststemenls comply with the Charities and Trustee Investment (Scollandl Act 2005, The Charities Accounts (Scotlandl Regulations 2006 las amended) and the provisions of the charity's Memorandum and Articles. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
YOKER RESOURCE CENTRE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF YOKER RESOURCE CENTRE I report on the financial statements of the charity for the year ended 31 March 2024, lch are set out on pages 7 to 19. RPectIve rg8ponslbllltlo8 of Tru•teo8 and oxamlnor The charivs Trustees are responsible for the preparation of the financial statements in accordance with the terms of the Chanties and Trustee Investment {ScOand} Act 2005 and the Charities Accounts (Scotlandl Regulab'ons 2006. The charivs Trustees consider that the audit requirement of Regulation 10(1lla} to (cl of the 2006 Accounts Regulations dcés not appty. It is my responsibility to examine the financial statements as required under section 4411 }Ic) of the Act and to state whether particular matters have come to my attention. Basis of independent examiners statsmont examination is carried out in accordance wth Re9atiOn 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting rècords kept by the charity and a comparison of the financial statements presènted th those records. It also includes consideration of any unusual items or disclosures in the financial statements. and seeks explanatnS from the trustees concerning any such matters. The prcKedur8s undertaken do not provide all the eviden that would be required in an audit and consequendy I do rt express an audit opinion on the view gwen by the financial statements. Independent examlntfs slat¢m¢nt Your attenb.on is dravffl to the fact that the chanty has prepared Ilnanclal ststements In accordance wth Accountlng and reporb.ng by Charities preparing their accounts in accordance the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) in preference to the Accountsng and Reporbng by Chaties.. Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulats"on5 but has now been wthdrawn. l understand that this has been done in order for the financial statements to provvje a true and fair view in accordance th Generally Accepted Accounts'ng Practice effectNe for porting penods beginning on or after 1 January 2015. In connection with my examination, no other matter except that ferred to in the previous paragraph has me to my attention.. {a) which gives me reasonable Cause to believe that in any material respect the requirements.. {il to keep accounting records in accordance wth section 44111 (a) of the 2005 Act and Regulation 4 of the 20C6 Accounts Regulations,. and {ii) to prepare finan¢ial statements which ard with the accounting records and comFly with Regulalion 8 oflhe 2006 Accounts RegulatDn$; have not been met or {bl to which, in my opinion, attention should be drawn in order to enable a proper understsnding of the financial staternents to be aGhed. exander an LLP A(xountants and Business Athisers 180 St Vincent street Glasgow G2 5SG 18112r2024 Dated.. ........................
YOKER RESOURCE CENTRE CONSOLIDATED STATEMENT OF FINANCIAL ACTWMES YEAR ENDED 31st MARCH 2024 Group Unre8trlcted Re8trfcted Funds Funds Group INCOME 2024 2023 Donats'ons and Legacie5 Charitable ActNities Other Income 3,425 92,144 313,424 316,849 92.144 388,407 91,221 1,960 Total 95,569 313,424 408,993 481,588 EXPENDrruRE Raising Funds Charitable ActNities 139 135,680 11,909 325.102 12,048 460.782 12,204 493,654 Total 135,819 337,011 472,830 505,858 Net Income Ilexpenditure) 140,250) 123,5871 {63,8371 124,2701 Transfers befvfftn Funds 11,744 (11,7441 Not movement in funds 128,506) (35,3311 {63,8371 {24,2701 Ro¢onciliation of funds Total Funds brought forward 137,137 93,867 231.004 255.274 Total Funds carried forward 108 631 167 167 The notes on pages 11 to 19 form an integral part of these financial statements.
YOKER RESOURCE CENTRE STATEMENT OF HNANCIAL ACTMTIES (PARENn YEAR ENDED 31st MARCH 2024 Parent Unre8trlcted Re8trfcted Funds Funds Parent INCOME 2024 2023 Donats'ons and Legacie5 Charitable ActNities Other Income 3,425 59,432 60,096 63,521 59.432 224,143 40,006 1,960 Total 62,857 60,096 122,953 266,109 EXPENDrruRE Raising Funds Charitable ActNities 84,805 143.289 228.094 297,034 Total 84,805 143,289 228,094 297,034 Net Income Ilexpenditure) 121,948) 183,1931 1105,1411 130,9251 Transfers befvfftn Funds 4,744 14,7441 Not movement in funds 117,204) (87,9371 1105,1411 {30,9251 Ro¢onciliation of funds Total Funds brought forward 92,513 89,687 182.200 213,125 Total Funds carried forward 182 200 The notes on pages 11 to 19 form an integral part of these financial statements.
YOKER RESOURCE CENTRE STATEMENT OF FINANCIAL POSITION AS AT 318t MARCH 2024 Notos Group Parent 2024 2023 2024 2023 FIXED ASSETS 52,374 54,617 52,374 54,617 CURRENT ASSETS Debtors Bank & Cash 16,592 144 053 43,823 173717 15.282 40,945 118047 160,645 217,540 45,419 158,992 CURRENT LW8ILrriES Creditors 45.852 41.153 20.734 31.409 Net Current Assets 114793 176 387 127 583 NET ASSETS 10 77 FUNDS Unrestn'cted Reslricled 11 108,631 58,536 167 167 137,137 93,867 75,309 1,750 92,513 89,687 182 200 1811212024 These financial statements were approved by the Trustses on th& .................................. and signed on their behalf by.. {SeGietaryl (Trusteel The notes on pages 11 to 19 form an integral part of these financial statements.
YOKER RESOURCE CENTRE 10 STATEMENT OF CASHFLOWS YEAR ENDED 31st MARCH 2024 Notes Group Parent 2024 2023 2024 2023 Ca8h flow8 from operatlng actlvttle8 Cash {absorbed)Igenerated from operations 15 129,664) (97.1431 {87,9101 {74,6701 Cash flows from Invgstlng actfvltlgs Proceeds from sale of propety Nel (decreaselllncrease In cash and cash equlvalents 129,664) (97,143) (87.9101 {74,6701 Cash and cash equivalen15 a5 at 1st April 2023 173,717 270,860 118,047 192,717 Cash and cash equlvalents as at 31 March 2024 144,053 173.717 30.137 118047 Cash and ¢a$h oqulvalents consl8t of: Cash at Bank and in hand 144,053 173,717 30,137 118,047 The notes on pages 11 to 19 form an integral part of these financial statements.
YOKER RESOURCE CENTRE 11 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 1 ACCOUNTING POLICIES Statutory infomiation Yoker Resour Centre (Group and Parent) is an unincorporated charity and 15 registered in Scotland. The registered Off addres5 land principal Pla of business) is 10 Ke150 Place, Glasgow, G14 OLL. Basis of preparation and Statement of Cornpliance The financial Statements are prepared under the historical cost convention wth items reeognised at ¢05t or transaction value unles5 olherwse stated in the relevant Notes to these financial statements. The financial statements have been prepared in aOrdanCe with the Statement of Recornmended Practice". Accounting and Reporting by Charities preparing their Accounts in accordance with Financial Reporting Standard 102 (effective January 20191, the Charib'es and Trustee Investment (Scolandl Act 2005, and the Charities Aecounts Iseotlandl Regulations 2006 las amended). The principal accounting p)licies adopted in the preparats'on of the financial statements are set out bebw. The group meets the definition ofa public benefft entity under FRS 102. The financial statements are presented in UK Sterling and rounded to the nearest vthole pound. Golng Concern The Trustees are obliged to consider the appropriateness of the going concem assumption lthen preparing the financial statements. The Yoker Resource Centre was awarded funding from the Glasgow Cty Council Glasgow Communities Fund to fund the Eety Care Project betsveen April 2023 and March 2026. Unfortunately, the amount awarded was less than had been applied for and leaves the Yoker Resource Centre with a shortfall in its budget. This has meant that the Resource Centre has had to ulilise reserves lo continue in operation. Followng the resignation of the Finance and Administration Manager the decision was taken not lo replace this post and also lo cbse the Yoker Resource Centre building. This will reduce costs going forward and with the Elderty project rehoused within the Yoker Community Campus this will ensure that the current reserves are sufficient to allow the Charity to continue operations. albeit at a reduced level, for a penod of 12 months from approving the financial statements. The Trustees therefore believe that it is still appropriate to prepare the accounts on a going concem basis. Consolldaled Accounts In August 2005 the Yoker Resource Centre set up Yoker Community Campus Development Company Ltd. to take on the role of running the newly renovated Campus Building Iformerty Yoker Neighbourhood Cenlrel. On 1 st July 2006 Yoker Community Campus Development Company commenced activities. The results of the Company have been consolidated on a line by line basis in the Group Statement of Financial Actsvitses and the Group Statement of Financial Positson. Fund accounting Funds are classified as either restricted funds or unrestricted funds, defined as follows. Restricted funds are funds subject to specific requirements as lo their use which may be dedared by the donor or with their authority or created through legal processes, but still within the wider objects of the charity. Unrestricted funds are expendable at the discretson of the Trustees in fijrtherance of the objects of the charity. If parts of the unrestricted funds are earmarked at the discretion of the Trustees for a particular purpose, they are designated as a separate fund. This designation has an administratNe purpose only and does not legalty restrict the Trustees, discrets'on to apply the fund. Income All income is recognised once the charity has entitlement to the income, il is probable that the income will received and the amount of income receivable can be measured reliably. Donations Donations are recognised when the charity has evidence of entitlement to the giff receipt is probat4e and its amount can be measured reliably. Entillemenl Usual arises immediately upon reIpl, however. in the event that a donation is subject to conditions that require a level of perfomance before the charity is entitled lo the funds, the income Is deferred and not recognised until either those conditions are fully met, or the fvlfilment of those conditions is wholly within the control of the charrty and il 15 probakle that those conditions will be fulfilled in the reporting period. Grants rK•ivab Income from government and other grants, whether 'capilal' or'revenue, in nature, are recognised when the charity has unconditional entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Unconditional enternent will be achieved once any performan¢e or other conditions attached to the grants have been met, or fulfilment of those condition5 15 wholly within the eontrol of the charty- Where perforrnance nditionS are attached lo the grant and are yet to be met, the income 1$ gnised as a liability and induded on the b?lan¢e sheet as deferred income to be released.
YOKER RESOURCE CENTRE 12 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 1 ACCOUNTING POLICIES lcont.dl Income from charitable activities Income from charrtable activities indudes in¢ome eamed both from the suppty of goods or servi¢es under ¢ontra¢tual arrangements and from perfom)ance-rel8ted grants which have conditions that specify the provision of particular goods or services to be provided by the charity. Income from charitable activities is recognised as eamed {as the related goods or seNices are provided). Income from other tradlng actSvltle8 Income from other trading activities includes income earned from both trading activities to raise funds for the charity and income from fundraising events and is recognised when the charity has entsdemenl to the funds, rt is probable that these 11 be received and the amounts can be measured reliably. Other Income Other income represents income that cannot be reported under the other analysis headings provided within the Statement of Financia Activities and is recognised when the charity is entitled to the income, il is probatle that il will be received and the amount can be measured reliabty by the charity. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or conslruclive obligation committing the charity lo that expenditure, it is probable that settlement wll be reqUId and the amount of the obligation can be measured or estimated reliably. Liabilities are measured on recognition at historical cost and then subsequenlty measured al the best estimate of the amount required to settle the obligation at the reporting date. All expenditure is accounted for on an accrual's basis. All expenses including SUPPOrt costs and governance costs ar8 all¢)cated or apportioned to the applcakle expenditure headings. Expgndlture on ralslng funds Expenditure on raising funds includes all expenditure incurred by a charity to raise funds for its charitable purposes. It includes the costs of all fvndraising activities and events together wth those costs incurred in seeking donations, grants and legacies and Investment mana9ement Costs. Govornan¢o costs Governance costs (which are included as a component of support costs in accordance with SORPI comprise all costs invclving the public accountabilrty of the charity and its compliance with regulats'on and good practsce. These costs include those related to constilub'onal and stalulory requirements. external scrutiny (audit or independent examination). strategic management, and other legal and professional fees. Actlvlty bas•d r•portlng To compty fully with the Statement of Recommended Practice would require income and expendrture lo be reported by activity. The Trustees are of the opinion that the remaining activities of the charity are inter-linked, therefore this would b8 impractical to calculate and would provide no additional benefit to the users of these financial statements. Therefore, no fvrther analysi$ of income and expenditure is provided wthin these financial statements. Tanglblt Flxed Assets Propety is Staled at valuation, in¢luding renovation works and is depreaated at 2% per annum. Vehicles are deplated at 25°k dUcIng balance per annum. Fixtures and fitb'ngs are not capilalsed but are written off in the year of purchase. Debtor8 Trade and other debtors are re¢ognised at the Sethement amount due after any dis¢ount offered. Prepayments are valued al the amount prepaid after taking account of any dis¢ounls due. Debts outstanding at the year end beeen the parent and the subsidiary undertakings have been ¢an¢elled out against the Corresponding ¢reditor. Cash at bank and In hand Cash al bank and cash in hand includes cash and short temi highty liquid investments a short maturity of three months or less from the date of a¢quisition or opening ol the deposit or similar a¢count.
YOKER RESOURCE CENTRE 13 NOTES TO THE FINANCIAL STATEMENTS Icontd.) FOR THE YEAR ENDED 31 MARCH 2024 1 ACCOUNTING POUCIES (ConLd) Creditots and provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third paty and the amount due to setlle the obligation can be measured or estimated reliabty- Creditors and provisions are normalty recognised al their settlement amount after allowing for any trade discounts due. Credit balan¢es outstsnding at the year end bets¥een the parent and the Subsidiary undertakings have teen cancelled out against the corresponding debtors. Flnanclal In8trumen18 The group onty has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transacb'on value and subsequendy measured al their settlement value. Penslon Auto Enrolment The Yoker Resour¢e Centre Group ¢ontinue$ to provide a pension s¢heme under the 9overnments auto enrolment Initiative. This scheme is a defined contribution scheme with the current levels of contribution being 5Yo for empk)yees and 30A for employers. All premiums due have been paid in the year. Judgements and estimates In preparing the financial ststements, the Trustees a required to make estimate$ and assumptions whl¢h affect reported income, expenses, assets, and liabilities. Use of avalable information and application of judgement are inherent in the formation of eslimales, together with past experience and expectations of future events that are believed to be reasonable under the Circumstan$. Actual resutts in the fvlure Muld differ from such eslimales. The Trustees are satisfied that the accounting policies a appropriate and applied consistently. Taxatlon No taxation is provided for as all the income of the group's activities falls within the exemptions of seth'ons 466 to 493 of the Corporation Tax Act 2010 (CTA 20101. 2 ANALYSIS OF INCOMING RESOURCES Unrostrictod Rostricted Funds Funds 2024 Total 2023 Total Donations and Legacies Including Grants Yoker Resource Centre Inc Yoker Elderfy & Dlsabled . GCC GCF Grant Lottery Granl-lncluded Project GCC Area Partnership Stonework GCC Area Partnership Lighting Age Scotland Keeping the Doors Open Age Scouand Good Connections Age Scotland Dementia Café NHS Elderty Support Generab'ons Working Together Donations 57,596 57.596 54,853 148,868 4,500 4,272 1,500 209 7,941 2,000 2,500 925 3,425 2,500 3.425 63,521 2,500 60,096 224,143 Donations and Legacie¥ (Parent) 3,425 60,096 63,521 224,143
YOKER RESOURCE CENTRE 14 NOTES TO THE FINANCIAL STATEMENTS Icontd.) FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted Restricted Fund8 Funds 2024 Total 2023 Total 2 ANALYSIS OF INCOMING RESOURCES (Contd.) Yoker Communlty Campu8 Development Company: GCC GCF Grant Lottery Grant- Platform Projecl GCC Area Grants NHS GG & Ctyde Participatory Budgeting GCVS Welcoming Spaces GCVS Wellbeing Fund GCVS Wellbeing Fund- Chance to Change Scottish Government-chance lo Change Donations and Legacie81Group) 111,665 89,028 9,740 111,665 89.028 9,740 106,348 20,000 11,000 8,019 7,500 35,395 313,424 7,500 35,395 316,849 18,897 388,407 3,425 Unrestricted Restricted Funds Fund 2024 Totsl 2023 Totsl Charitable A¢tivitits Yoker Resource Centre Self Generated Income 59,432 59,432 40,006 Charitabl• Activiti•$ IPar•nt) 59,432 59,432 40,006 AdJu8tmont Consultancy fee charged by Parent lo Campus Yoker Community Campus Development Company: Self Generated Income Charitablg ActivitigB (Group) {7,000) I7.0) 18,0001 39,712 92,144 39,712 92,144 59,215 91,221 Unro¥trlcted Re¥trlctod Fund8 Fund8 2024 Total 2023 Totsl Other Income Yoker Resource Centrn Insurance receipt 1,960 Other Income (Parenti 1,960 Other Income (Group) 1,960 3 ANALYSIS OF TOTAL RESOURCES EXPENDED Activities Directly Undertaken Support Costs 2024 Tot 2023 Total Yoker Resource Centre Yoker Community Campus Development Company Group 189,553 38,541 228,094 297,034 145,987 335,540 98,749 137,290 244,736 472,830 208,824 505,858 Analysis of SupF)Ort Costs Yoker Resource Yoker Centre Inc Community Elderly Projec1 Campus 2024 Total 2023 Total Governance Premises Communicab'on and IT Prinb'ng and Postage 3,200 30,103 2,976 2,262 1,800 88,708 6.779 1,462 5,000 118,811 9.755 3,724 4,835 101,420 13,286 2,616 38,541 98,749 137.290 122,157
YOKER RESOURCE CENTRE 15 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Campus Finan¢ial Adrnin Feo 4 TRANSFERS BETWEEN FUND8 Flnancial Admin 2024 Parent Total 2024 Group Total 2023 Group Total Transport Hall Hlrn Foo Unrestrlcted Yoker Resour¢e- Elderly Proje¢t 400 3.000 4,744 7,000 11.744 38,987 Total Yoker Campus Total Reslrlctod DRC Youth Project Yoker Resource Lottery Project Total Yoker Campus Total Group 400 1,344 3,000 4,744 7.000 11.744 38,987 400 3,000 4,744 7,000 11,744 38,987 18,2501 11.7441 113,7371 3,000 9,000 -14.744). - -130,9871. 8,000 38,987 1400} 11.344) {1,744) 3,000 3,000 -1400J. -L1.3441. - -L3,000). -£4,744). 400 3,000 4,744 7,000 11,744 5 SURPLUS FOR THE YEAR The surplus of income over expendf(ure is stated after charging.. 2024 2023 Parent Group Parent Group Independent Examinatlon DePClatIon L05s on Disposal of Minibus 3,200 2,058 135 5,000 2,058 135 4,422 2,206 6,373 2,206 6 STAFF COSTS AND KEY MANAGEMENT PERSONNEL 2024 2023 Parent Group Parent Group Salaries Social Security Costs Pension Costs 112,347 3,557 1,953 117,857 208,440 10,960 2,857 222,257 140.512 6,612 2.074 149.198 225,507 13,104 3,234 241,845 7,182 249,027 Redundancy 117,857 222,257 149,198 Redundancy costs paid during the year amounted to £Nil previous year £7,182 Yoker Community Campus Development Company reduction in stsff folknving a failure to secure as much Glasgow Community Funding for 2023124 as had been applied for.. During the year the Yoker Resource Centre Group operated a defined contribution pension 5theme with the Nab'onal Employment Savings Trust under the governments Auto Enrolrnent Inib'atwe. The contribution5 paid were £2,85712023- £3,234) including £904 relabng to the Yoker Community Campus12023'. £1,160}. The Trustees considered the key management personnel of the charity to be the Trustees, The Senior Officer, the Finance and Administration Manager, the Elderly Care Officer together wf(h the Directors and Development Officer of the Yoker Communty Campus Development Company. The total empkjyment benefily induding emF4oyer pension contribulitins of the key management personnel for the year was £96,99912023= £95,680). This indudes £36,088 related to Yoker Community Campus {2023.' £35,698). No employee received remuneration of more than £60,000 and no Trustee received any expenses or remunerab'on. 2024 2023 Parent Group Pant Group The average monthly number of ernployees during the year..
YOKER RESOURCE CENTRE 16 NOTES TO THE FINANCIAL STATEMENTS Icontd.) FOR THE YEAR ENDED 31 MARCH 2024 7 FIXED ASSETS Grou and Parent Cost I Valuation As al 1st April 2023 Additions Disposals As al 31 st March 2024 Propety Vehicles Total 90.000 32,267 122,267 18,522 13.745 18,522 103,745 90,000 Depreciation As al 1st April 2023 Disposals Charge for year As al 31st March 2024 36,600 31,050 67,650 {18.3371 118,3371 258 2,058 12.971 51.371 1,800 38,400 NBV as at 31st Mar¢h 2023 NBV as at 31st Mar¢h 2024 53,400 51,600 1,217 774 54,617 52,374 Valuation of Property (Note 61 The property was last revalued on 6 July 20C6 by DM Hall charteTed surveyors. In the opinion of the Trustees this value is sb'll appropriate at the statement of financial posity'on dale. 8 DEBTORS Group 2024 Parnnt 2023 2024 2023 Other Debtors 16,592 43,823 15,282 40,945 9 CREDrroRS - Amounts falllng due In less than one year: Group 2024 P•rnnt 2023 2024 2023 other Creditors Other Taxation and Sorial Security Accruals and Deferred Income 4.642 3,2C6 38,004 45,852 5,825 3,221 32.107 41,153 6.246 1,077 13,411 20.734 5.677 2,067 23,665 31,409 10 NET ASSETS ANALYSIS BY FUND Net Assets at the 31 March 2024 Parnnt Group Unrègtrl¢tsd Restetsd Unr•gtrl¢tsd Re$trfi¢tsd Fund• Funds Funds Fund8 Tots12024 Parent Group Fixed Assets Current Assets Current Liabilities Total Fund Value 52,374 37,154 114.219) 75,309 52,374 74,297 118.040 108.631 52,374 45,419 {20,734} 77,059 52,374 160,645 145.8521 167.167 8,265 16.5151 1.750 127,8121 58,536 Net knsets at the 31 March 2023 Parnnt Group Unrnstrlctsd Rostrfctsd Unrostrlct•d Rostrlctod Fund¥ Fund Fund• Fund¥ Total 2023 P•rMt Grgup Fixed Assets Current Assets Cunént Liabilitiès Tol81 Fund Value 54.617 61,659 23,763 92,513 54.617 105.836 23,316 137.137 54,617 158,992 31,409 182,200 54,617 217,540 41,153 231,004 97.333 .646 89.687 111,704 17,83 93.867
YOKER RESOURCE CENTRE 17 NOTES TO THE FINANCIAL STATEMENTS Icontd.) FOR THE YEAR ENDED 31 MARCH 2024 11 FUNDS Funds atthe 31 March 2024 Transfer Asat Incomlng Outgolng Betweon 01.04.23 Re80urce8 Re8ource8 Fund8 Intra Group Group Asat Tran8fer8 31.03.24 Unrestricted Yoker Resource Centre 92,513 55,857 184,805) 4,744 7.cilo 75,309 Total Parent Yoker Community Campus Total UThrestrlcted Group 92.513 55,857 -184,805) 51,014 95,569 {135,819) 4,744 7.0 75,309 137,137 4,744 7.000 108,631 R08trictod Yoker Resource Centre: Glasgow Community Fund Lottery Age Scodand - Keeping The Doors Open Age Scotland - About Demenb'a Donation Total Parent Yoker Community Campus Total Re$tri¢ted Group 57,596 157,596) 177,3221 {1,500) {6,121) 2,500 750 60,096 143,289) 14,7441. ._____________ 253,328 193,722 7,000 313,424 1337,0111 _ 14,744L . _J?,000) 80,322 1,500 7,865 13,0001 11,7441 1,750 1,750 89,687 4,180 93,867 58,536 Total Group 231,004 408,993 472,830 167,167 11 FUNDS Icontlnuedl Fund8 atth• 31 March 2023 Transfor Asat Incoming Outgoing Between 01.04.22 Resources Resources Funds Intra Group Asat Transfers 31.03.23 Unrestrlctod Yoker Resource Centre 91,307 DRC Youth Project 10,101 Total Parent 101,408 Yoker Community Campu$ Devebpment Compl 38,776 Total UThrestrScted Group 140,184 33,966 171,747) 10,101 30,987 33,966 .-181,848). ---___ 53,367 93,181 £135,215L 30.987 8.000 92,513 8.000 92,513 30,987 8.000 137,137 Reslricted Yoker Resour¢e Cenlre'.- Glasgow Community Fund Lottery Job Relents'on - Fund Glasgow City Council- Area Grant- Stonework Glasgow City Council- Area Grant- Lighting Age Scolland - Supporting Gts)d Connections Age Scotland - Keeping The Doors Open Age Scotland - About Dementia NHS GG - Yoker Recovery Project DRC Youth Project- Corra Foundatson Total Parent Yoker Communlty Campus Development Coi Tot•1 Rostrfctgd Group 54,853 154,853) 148,868 (136,917) 77,371 13.737 19,0001 (13,7371 80,322 4,500 4,272 209 1,500 7,941 2,000 {4,500) {4,272) 1209) 1,500 7,865 {76) {2,000) 12,359 8,250 224,143 _1215,186). -L30,9871. 164,264 155,457 388,407 {370,643) _L30,987L . 18,000J 20,609 111,717 3,373 115,090 89,687 93,867 Total Group 255,274 481,588 505,858 231,004 Included in unreslricled funds are funds of £52,37412023.' £54.617} representing tangible fixed assets used by the charity in ils day to day operations.
YOKER RESOURCE CENTRE NOTES TO THE FINANCIAL STATEMENTS Icontd.) FOR THE YEAR ENDED 31 MARCH 2024 11 FUNDS Icontlnuedl Purpose of Funds Restricted Funds - represent grants and donations recieved from various sources where the grant body or donor has sliplualed specific conditions of funding:" Glasgow Community Fund - Funds the Elderly Project, Age Scotland, NHS funded specific project work of the ekjerty project Lottery Funding funds the Included project Restricted Donation is a gift specifically to enable help and support to eldefty and vulnerab. Area Grants were apFlied for for specific expenditure for the Resource Centre un$tcted Funds - PreSent the free reserves of the tharty whith the Trustees a free to use in furthering the charities objectives. Transfer been fundsl - represents payments made from restricted funds into unrestricted funds of the Yoker Resource Intra Group Tran5fer5 Centre for the provision of services by Yoker Resource Centre to projects operated by the Yoker Resource Centre or its subsidiary Yoker Community Campus Development Company Ltd. 12 RELATED PARTY TRANSACTIONS Yoker Community Campus Oevelopmenl Company is a subsidiary of the Yoker Resource Centre. During the year the Yoker Community Campus re¢eived £9,570 from the Yoker Resource Centre to cover the rent and shared costs of hosting the Included 2 Lottery Proje¢t {2023". £38,150 Included 2 Projecll. Durin9 the year the Yoker Resour¢e Cent received £3,000 from the Yoker Community Campus as a ¢ontribulion towards the cost of water rates for the Campus 12023= £3,000). The Yoker Resource Centre re¢eived a ¢on$ultancy fee of £7,00012023: £8,000) for the provision of accountancy, Bookkeeping and payroll seNices from the Yoker Community Campus. Glasgow Eco Trust During the year the Yoker Resource 1.642 for bookkeeping, accounting and payroll $ervices12023.' £1,773) from the Glasgow Eco Trust. s the chairperson of The Yoker Resource Centre untl he passed away in January 2024 and pr hairperson of the Glasgow Eco Trust unts'l 14th De¢ember 2022. At the balance sheet dale, the amount due from Glasgow Eco Trust was £1,20012023'. £6,772). uu North West Glasgow Voluntary Sector Netrrk During the year the Yoker Resource Centre received £6,200 for office accommodation wthin the Yoker Resource ,0001 and received £1,300 for Bookkeeping and payroll services12023'. £1.0001 from the Netsvork. as the Chairperson of the Yoker Resource Centre until he passed away in January 2024 and was the e North West Glasgow Voluntary Sector Nefvlork unbl the 15th May 2022. No Trustee recewed remuneration or reimbursed expenses during the year. 13 IA) STATEMENT OF FINANCIAL ACTivrriES FOR THE YEAR ENDED 31ST MARCH 2023 (GROUP) Unrestricted Re8tricted Funds Funds 2023 Total INCOME Donations and Legaci08 Charitable Activities Other Income Total Incom• 388,407 388,407 91,221 1,960 481,588 91,221 1,960 93,181 388.407 EXPENDITURE Raising Funds Charitable Activities Totsl ExndItur• 424 134,791 135,215 11,780 358,863 370,643 12,204 493,654 505,858 Nèt Ineom• Il•xp•nditur•l Transfers befvveen Funds Nèt mov•mont In fund8 Reconcilation of fund• Total Funds brought loard Total Funds carrd forward 142,0341 17,764 38,987 38,987 13,0471 {21.2231 124,2701 124,2701 140,184 137,137 115,090 93,867 255,274 231,004
YOKER RESOURCE CENTRE 19 NOTES TO THE FINANCIAL STATEMENTS (Contd.) FOR THE YEAR ENDED 31 MARCH 2024 13 (B) STATEMENT OF FINANCIAL ACTNMES FOR THE YEAR ENDED 31ST MARCH 20231PARENTI Unrestricted R08tricted Funds Fund¥ 2023 Total INCOME Donations an*J L¥ga¢i¢s Charitable Activities Other Inme Total Incom? 224,143 224,143 40,006 1,960 266,109 40.006 1,960 41,966 224.143 EXPENDITURE Raising Fund$ Charitable Activities Totsl Exp•ndltur• 81,848 81,848 215,186 215,186 297,034 297,034 Net Income l(•xp0ndlrn1 Transfrrs befvveen Funds Net mov•m•nt In fund8 R9clIation of fund¥ Total Funds brought lOard Total Funds carried forward 139,8821 8.957 30,987 30,987 18,8951 {22.0301 {30,9251 130,9251 101,408 92,513 111.717 89.687 213,125 182,200 Under Charities Statement of Recommended Practice (FRS102), comparatives for each class of funds are required for each line on the Statement of Financial Activities ISOFAI. The notes above illustrates the SOFA for the year to 31 st March 2023 for the group and the parent. 14 Analysls of changes In net debt The charity has no debt during the year. 15 Cash generated from operations Group Parent 2024 2023 2024 2023 IDeflcltysurplus for the year 163,837) (24,270) 1105.1411 {30,9251 AdJu8tment8 for: Depreciation of tangible fixed assets Net book value of Minibus scrapped 2,058 185 2,206 2,058 185 2,206 Movement in working capil Decreasel{Increasel in debtors Increaselldecreasel in creditors 27,231 4,699 (32,5381 25,663 {29,8731 142,5411 {10,6751 116,0781 C•sh (absord byVgenorot•d from op•ratlon$ 29,664 97,143 87,910 74,670