Charfty rogl8tratlon numb8r SC010828 (Scotlandl
THE COSMOS COMMUNITY CENTRE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

THE COSMOS COMMUNITY CENTRE
LEGAL AND ADMINISTRATIVE INFORMATION
Trustsos
Ch•rlty nurnber IScotl•nd}
SC010828
prI￿1PaI addr•*•
Abbey Walk
St Andrews
File
KY16 9LB
Indepondent oximlntr
Findlays,
Chartered Accounlanls
11 Dudhope Terrace
Dundee
DD3 6TS

THE COSMOS COMMUNITY CENTRE
CONTENTS
Pag•
Tru$tees' report
Independent examlnerfs report
Statement of financial acts'v￿.¥s
BalanGe sheet
Not9¥ lo Ihe flnanclal statèménts
6-17

THE COSMOS COMMUNITY CENTRE
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their annual report and financial slalemgnls for Ihtr year ended 31 March 2024.
The financial statements have been prepared in a¢cor<lance with the occounb'ng policies jet out in note 1 to the
financial statements and comply with the C8ntre's goveming document, the Charllies and Truglee Investment
{Scollandl Act 2005, the Charities At¢ounls (Scollandl Regulations 2006 las amended) and "Ac¢ounbng and
Reporting by Charilies.. Statement of Recommended Practice applicable to charities prepanng their accounts in
accordance with the Financial Reporting Standard appliGable in Ihe UK and Republlc of Ireland IFRS 102)
{effedive 1 January 20191"
ObJ•ctlv•8 and actlvltl•g
The objects of the Centre are lo promote the benefit of the inhabitants of Sl Andrews and as much of the
surrounding area as possible by..
giving guidance lo or9anisalions and Community groups
associating the community, voluntary organi5alions and local authorities in a common effort lo advance
community education and lo prgvide facilities In the Interest ol soclal welfare for recreation and leisure tirne
occupation of the community and to act as an advisory body in the piovi5ion ol such fa¢ililies.
making and encouraging provision lo help an¢J educate people through Iheii leisure lime activities lo develop
their spiritual, mental and physical capabilitie8 to enable them lo grow to full maluiity ag reSpOn￿bIe individual8
and members of Soclèly and that their conditions of life may be improved.
1051ering a community splril lor the achievement ol these and such other purpo$e8 as may by kiw be de•med lo
be charilable
to establish or to secure the establishment of a Community Centre dn(g lo mainlaln and manage, or lo co-
operate with any local statutory authority or aulhorities In the maintenance and management ol such a Centre lor
activities promoted by the Organi5alion and ils conslituenl bodies in the furth¢rance ol Ihe above obje¢ls or any
of them
The Drganisalion shall be non dlscdminalory in politics and ￿lIgIOn.
The organisalion and ils ¢onsliluent bodies Shall have power to affi'liate lo National Associations and other
organisalion whole obje¢l$ shall be consistent with Ihoge sel out above.
Achievernents thnd p•rforrnanc?
All ag&$ within the local area benefit, as the Centre provldes an outlet where they engage and Interact with the
wider community, Ihiough various ¥o¢ial and physical activity group programmes. The Centre provides disabled
access facilitses attracting vulnerable groups, support and training organisations, in addibon 10 tre hire ol the
sports hall, Meeting and function rooms, as well as th• community rnini bus. A major Centre prtsjecl i% the after
$chool and holiday club which runs lor 50 weeks of the year to enable parents lo continue in employment, further
edu¢ation or tralnin9.
Fln•nclal revlgw
The results for the period are s81 out In the 3tt4chod acwunls. During the year the charity conl'nued to provid•
servlces lo the community.
The trustees aim to maintain reserves at a level thal equates lo approximately 12 rnonlhs of Co$mos Centre
expenditure. The Iruslees consider that this level will provide sufficienl fvnd5 to maintain Centre a¢livtties and
ensure that 5UPPOrt and governan¢e costs awe covered. The Iruslees consider that a level of 12 months is
sufficient given the y￿11 established funding pattern for the Gharity. This policy will be reviewed ay required lo
ensure adequate fvnding Toquirement$ for Cosmos Centre are met.
Al the year end the charity holds £179,86712023 - £218,958) in reserves. of which £141,561 is unrestricted and
of this free reserves not invested in fixed asset5 or de$ign8ted amount lo £134,42312023 - £167,246). Amounts
degignated totalled £O12023- £6.0001.
The charity's principal funding sourees are Fife Council and The Provost Tulloch FurKI on an ongoirvJ basis,
however aoditional funding is secured from other sources on an ongoing basis.

THE COSMOS COMMUNITY CENTRE
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The trustees has assessed the major rlsks to whlch the Centre is exposed, and are satisfied that systems are in
place lo miligale exposu￿ lo the major ri8k8.
Structur•. gov•rnanc• •nd man4g•m•nt
The Cosmos Centre is governed by ils COnstr(ut￿. The Centrè has recently reglstered as on incorporalgd
charity in SGoUand and the Management Commrttee are 8hown on page 1.
Thg IriJ%lee8 who sprvpd dijrin
ear and u
to the date of signature of Ihe financi81 slalement$ were..
IResKJned 20 August 2024)
(Resigned 24 July 20241
(Appointed 19 June 2023 and resigned 19 FebNary 20241
(Deceased 1 Novomber 2023)
(Appointed 16 September 2024)
(Appointed 18 September 2024)
The Tru8tees are elected al the AGM, and are recruited on an 4dho¢ bas18 whèn requlred or vknen potenllal
Truslees are Identified. An induction folder Is In place to as51sI new Trustees In Ihelr role. The Tnjslees ar•
responsibk for approving poll¢les and the direction of the charity.
The Chair
new Chair wi
retired 20 Augu812024. The IAce Ch41r.
be appointed.
s acting Chair until the AGM vth•n
Commlttee Memberj Serve for 1 year bwth r•-•le¢tlon r•qulred thereafter, Th• Management Commlttee may fill
ca8ual vac4ncle8 ari8ing with th• r•qulr¢mont for raiifi¢olton at the next en8ulng Annual Ganeral Meeting.
The M)nagem￿l Commltt•e, who meet not less than 10 times per annum, admi
running of th• Centre w05 undcrtakcn b.
Centre Manager),
Administrator) an
jJ2rt-Iime Admin Assistanll. Th• C•nlre
P a ,eam of
chlld¢are staff who run
chool and Hollday Club and H Small team of caretskin9lcleaning Staff.
ay lo day
en
er
Golng con¢•rn
The Centfe usage remains lower than yfrcovid ￿ve1$, but 1$ beglnning to $08 a Btgady incr•as• in fooffall over
thbs last year wilh sorne groups returning and new ones starting up. The Trustees art pr&active in prcrfnotsng the
Centre'5 facilitses lo the local and surroundlng areas. whble contbnuing lo support essentlal groups which 8re
eJtsbfi3hed for the benefit of the wellbeing and heallh of the community.
The Tru$l&es hav& con8oquenlly been unable lo pres•rv8 the previou8 level8 of reserves. bul note thal their
policy has ensured there are sufficient re$erve$ and $o¢ured funding th•1 the Centre can continue as a going
¢on¢ern for the foreseeable lulure.
ol Trustees.
Dated.. 18 November 2024

THE COSMOS COMMUNITY CENTRE
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE COSMOS COMMUNITY CENTRE
I report on the financial statements ol the Centre for the year endod 31 March 2024. which are set OLrt on page$ 4
to 17.
This report 1$ made solely to the charity's Trustees. a5 a body. in accordan￿ with RegLtrlation 11 of the charit￿S
Accounts (Scotland) Regulalions 2006. My wotk has been undertaken so that I mi9hl $tsle lo the charity's
Trustees those matteT5 1 am requirtsd lo state lo them in an Indepgndenl Examiner's Report and for no other
purpose. To the fulle$l extent permitted by law. I do not 4¢c8pl or assume responsibility lo anyone other than the
Gharity and the ch8rty'$ Tfuslees as a body, lor my work or for this report.
Re8poctlv• rn$pon$lbllltl•8 Of trugtt•$ and examlngr
The Cenlre's Iruslees are responsible for the preparation of Ihe financial slalements in accordanc8 with the terms
ol the Charities and Trustee Inveslmgnt5 Iscollandl Act 2005 and the Charities Accounts Iscotlandl Regulations
2006 The char¢ty'6 Iruslegs consider that the audit fequiremenl ol Regulation 1011llal lo Icl ol the 2006 Accounts
Regulations does not apply It Is my responsibility lo ex8mine the financial statements a$ required under section
4411 Ilcl ol the Act and lo slate whether particular mallers have come to my attention.
BasS$ of Indèp•nd•nt 8x•mSn•t8 •tst•m•nt
My txominalion 18 carried out in accordance wlh Regulallon 11 of the 2008 Accounts Regulations. An
examination includes a review of the a￿oUntIng record5 kept by Ihe ¢harily and a comparison of the financial
slalemenls presented wilh Ih05e records. 11 a150 In¢ludes consideralitsn ol any unusual items or disdosures in ttte
financial stalernenls, and seek5 explanations from the trustees concerning any such matters Th• protsdures
un(Jerldkei) iiol provide all Ihc evidence thai would be required In an alidil and conseqLJenlly I do not express
an audit opinion on the view given by the financial statements.
Indepèndent •xarnln•r'5 St•tsm•nt
In connection with my exam1nation, no matter has come lo my attenlDn',
(al which gives me reasonable Cause to believe that in any material respect the requiremenls..
to keep accounling records In a¢cordan¢e wilh section 44111 lal of the 2005 Act and Regulation 4 cé
Ihe 2006 Accounts Regulalions., and
(111 lo prepare financial slaltsmenlg which accord with thè a¢counlin9 records comply wrth Regulation
8 01 the 2006 Ac¢ounl$ R¢gulations'.
have not been mel or
Ibl lo which, in my opinion, attention ghould be drawn in ord•r lo enable a proper understanding of 11
nAn¢ial statements to be reached.
ays,
Chartèred AGcounianls
11 Oudhop? Terrace
Dundee
DD3 6TS
Dated.. 18 November 2024

THE COSMOS COMMUNITY CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unr•strlct•d Rvtrl¢tsd
lund8
funds
2024
2024
Tolal Unr••trlct•d R•strf¢t•d
fund8
fund8
2023
2023
T¢tal
2024
2023
Nots¥
Income from:
Donations and legacies
Charitable activities
Other tradlng actlvllleg
Investrnents
33,963
123,377
39,029
3,851
43,869
77,832
123,377
39,029
3,851
32.747
88,530
40,541
1,980
44,061
76,808
88,530
40,541
1,980
Totsl Incom•
200,220
43,869
244,089
161,798
44,061
205,859
Exp•nditur• on:
Charitable activitiès
236,062
47.118
283, 180
180,fj93
63,635
244,328
Tol•l •xp•ndltur•
236,082
47,118
283,180
180,693
63,635
244,328
N•1 •xp•ndltur•
135,8421
13,2491
139,091)
118,8951
119,5741
138,4691
Transfers bethen
fundi
1,758
11,7S8}
N•t mov•m•nt In
lund•
(34,0841
IS.007>
139,091)
118,895)
119,5741
{38,469)
R•conclllatlon of fundj:
Fund balances at 1 Aprfl 2023
175,645
43,313
218,958
194,540
02,887
257,427
Fund balanc•s at 31 March
2024
141,581
38.306
179,867
175,e45
43,313
218.956
The statement of financial activities includes all galns and losses recognised in the yoar. All In￿M9 and 8xpendittJre
derive from continuing activities,
The notes on pages 6 10 17 lom part ol thes8 financial itatèments.

THE COSMOS COMMUNITY CENTRE
BALANCE SHEET
ASAT31 MARCH 2024
2024
2023
Not•s
Flx•d #880ts
Tangiblg ¥ssel8
13
31,501
37.062
Current assetg
Debtors
Cash al bank and In hand
14
19,840
149,345
13.153
190.178
168,985
203,331
Credltoys: amounts falllng du• wlthln
yoar
16
120.6191
121,4351
Net current assets
148.366
181,896
Total assets 1988 curront Ilabi15tiè$
179.867
218,958
N•t a*s•ts oxcludlng pgnslon Ilablllty
179,867
218,958
The funds of the Centr&
Reslricled Income funds
Unreslricled funds
17
38.306
141.561
43.313
175,645
179,867
218,958
Thè notes on pages 6 10 17 form part of these financial $tatement$_
Th• financial 81al&menl$ wero approved èy the tru¥l¢e8 On 18 November 2024

THE COSMOS COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng pollcles
1.1 Accountlng conv•ntlon
The financial statements have been prepared in accordance with the Cenlre's goveming document, tre
CharS1ies and Trustee Investment Iscollandl Act 2005, the Chafith'es Accounts IScotlan¢J} Regulatsons 2006
{as amended} and "Ac¢o(tnling and Reporting by Chafili8s. Slatemenl ol R0￿Mmended Pra¢li¢e applicab
lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 (effective 1 January 2019)" The Centre 1$ a Public Benefit Enlily as
dgfinoil by FRS 102.
The Centr¢ has taken advantage of the provl8*)n$ in the SORP for charttle$ apptylng FRS 102 Update
Bulletin I not lo prepare a Slalernent of Cash Flo￿.
The ffinandal 51alemen15 arg prepargd in sterling, which is the functlonal currency of the Centre. Mortelary
amounts in these finanGial stslemenls are founded lo the nearest £.
1.2 Golng concom
Al the tlme of apprO￿Th9 the finan¢lal stolements, the Iruslees have a re8Jon8ble expecl•lion th81 the Centre
has adequate resources lo continue in operational existence for the foreseeable future. Thus th¢ trusl•es
¢ontinug lo adtspl th• golng Concèrn b*#iJ of 0¢¢ountsng ￿ prep•flng Ihe fingn¢i•l Jt•lement8.
1.3 Charlthbh fund•
Unroslrlcled fund8 are available lor u88 al the dlscrntlon of th& trust•e$ in furtherance of thelr charllable
obleGtives.
Designated funds Gompri¥e funds whith have been set aside al the dlscfellon of the Iruslees for 8￿cifiC
purposes. The purposes and u$e¥ of the designated fundj •r8 sel out in Ihe notes to the ffinancial 8talemenl8.
Restrfcted fund5 are subJeEI lo speclffic condllion5 by donors or grantors as to how they may be used, The
purposes and u8es of the re8￿Cted funds are sel out in the notes lo the financial stalementS.
Endowm•nl funds are sublecl to SFecMc condSllons by donor8 th81 the capital mu$1 be maintained by the
Centre.
1A Incom•
Income18 recognlsed when the Centre Is legally enlllled toll after any perIorMan￿ cond￿'0n$ have been met.
the amounts Gan be measur?d rellably, and tt Is probable that Incorne will be re￿I￿ed.
Cash donations are recognlsed on receipt. Other donatlons are recognised once the Contre has bgen notified
of the donatson. unless perfofman¢e conditions ￿qUIre deferral of the amount. Income tax recoverable In
relalion lo donations received under Gift Aid or deeds tsf covenanl 15 recogni3ed at the lime of the donat￿n.
Lega¢ies are reco9nised on receipt or othewse if the Centre has been notified of an impending distribut￿n,
the amount 1$ known, and receipt is expected. If the amount is not known. the legaGy is treated as a
continggnt a$sel.

THE COSMOS COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng pollelo4
(Continuod)
1.5 Expendltur•
Eypendilure is recognise¢Y once there is a legal or eonslfu¢liv$ obligation to transfer economic benefil lo a
third porty. it Is probable that a Iran8feT of economic benefits will be fequired In sèttlement, and the amount of
the obligation Can be measured reliably.
Expenditure ￿ classified by aetwlty. The costs of each activity are Made up ol the total of direct costs and
sharad costs, including support costs invol¥ed in undertaking each activity. Direct costs attrIbuta￿e to a singlè
adivity are allocated diie¢lly to that activity. Shared costs whi¢h contribute lo more than one aCt￿ltY and
support cos15 which are not attributable lo è single aclivily are apportioned beN¥een those aclivilie5 Qn a basis
consislenl with the use ol resoufces. Central staff costs are allocated on Ihe basis ol lime spent, and
depreciation charges are allocated on the portion ol the a55el's use.
Expenditure is recognised once th8r8 Is a legal or conslruclive obligatign lo Iransler ecr)nomic benefit to
third party, il is Pfobable that a transfer ol econombc benefits will be required in $eltlern8nt and the amounl ol
the obligation can be measured rellably. Expendilufe is classified by aclivty. The costs of each aLtivrty afe
made up ol Ihe loial of direct cosls and shared costs, including support costs inv¢lved in undertaking each
activity. Direct costs attributable lo a gingle activity are all*xaled directly to that activity Shared costs which
contribute to more than one aetivity and support costs which are not attributablè lo a single activity are
apportioned between those acliwilies on a basis eonsistenl with the use ol resource5. Central staff costs ore
allocated on the basis ol time spent. and depTeclallon charges allocated on the portion ol the ass8t'S Use.
Governance costs are those incurred in connection with 8drninislralion of the charity and Compliance with
conslitulional and slalulory requirements.
Charitable activities and Governance costs are costs incuTred on the charty's educational operat￿n3,
including support C051s and c051s relating lo Ihe goveman¢e of the ¢horily apPort￿ned to charitable activities.
1.6 Tanglbl• flx•d 4s8•ts
Tangible fixed assets are initially measured at cost and subsequently m?a3ured at or valuation, nel ol
¢Jepre¢iation and any Impairmeni105ses.
Depre¢ialion is recognised so a$ to write off Ihe cost or valuation of assets less their residual values over their
useful lives on the following bases..
Fixtures and fittings
Computers
Molor vehicles
15% Re(Juclng balance
3 years $traighl line
15% Reducing balance
The gain or loss arising on the disposal of an asset Is determined as the dbfference bets¥een the sale
proceeds and the carrying value of the asset. and is recognised in the slalemenl of financial aclivities.
1.7 Impaimiant ol fixed assets
At each reporting periijd end dale, the Centre reviews Ihg carying amounts of ils iangible assets to determine
whether there is any indication that those a68gts have suffered an impairment loss. If any such indrallon
gxisl$. the recoverable amount of the asset is estimated older to cletermine the extent of the impairment
loss (if any)
1.8 Cash and ¢*sh •qulvalonts
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
investments wth original malurilies of three rnonlhs or less. and bank oveidrafts. Bank overdrafts are shown
within borrowings in current liabilities.

THE COSMOS COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng polkles
ICt)ntlnued
1.9 Financial In•trum•nts
The charity only has financial 8ssel8 and financial liabilit188 of a kind that qualify as basic financial
instruments. Basic financial inslnJment$ are inrtially recognised al transaction value and subseqUen￿Y
measured al their settlement value wlh the excepkn.on of bank loans which are subsequently measured at
am(KtI8ed cost uslng the effeckn.ve interest method.
1.10 Employ0• boneffts
Thè cost of any unused holiday 8ntlllement Is recogniséd In the ponod In which Ihg employee's 5ervlc8s ar
received.
Temiinotson benefits gre reGognised immediolely 99 on expense ￿en the Centre i¥ demon$trably commthed
lo Iwminate the employment of an émpbytse or to providè termination beneffls.
1.11 Rotlr•m•nt bon•llt•
Payments lo defined contribution retirement benafil 8chem88 •re char9od as an expen•¢ as they fall due.
CrltlG•l a¢¢ounUng ••llmat•• •nd ludg•mgnt•
In Ihe application of the Cenlre's accounting polic￿8, the Iruslees are requSred to make ludgemenl8, eslimales
and ajsumplions about Ihe ¢Jrrying amount of assets and liabilities that ar• not readily apparent from other
•ourc¢s. The g$limale$ Idgpr¢¢iallon. deforred income 8nd accruals) ¥nd agsociated assurnplions are based
on historical experionc8 and other factors Ihat are considerod to bo rolovanl. Actual ro$ulls may differ from
these èstimatès.
Th¢ estimates and undedying aJJumptionJ gre reviewed on an ongoing bas18. Revl8v)ns lo accounting
eJtimale¥ are recognised in the period in which the estimate is ￿ViSed where the revision affects cffjly that
period. or in the period of thè reviiion and fuknr¢ p•ri¢xl8 whero Ihg rovision affect8 both current and futur•
perlods.
K•y •ourc•• of •¥tlm•tlon uncertalnty
Doprn¢lthtlon
T•ngible fixed assets are flepre¢ioled *)v•r a period to reflect their estimated usefiJl lives. The applicabllity of
the assumed live$ is r¢vi¢wod annualty, taking into ac¢ounl laclois 8uch as physical condition, wnainlenance
and ob501escence.
Glfts In Klnd
The charity roctlVè6 rent free of charge from the Univgrsty of StAndrew8 and therefore a gift in kind has been
ogni8ed 4t an egtlmats based on mark81 ral9$.
Frfe Council second a member of thglr staff lo ¥upport Cosmos Comrnunbty Centre and the value of Ihls ilme Is
esllmated.

THE COSMOS COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Oonatlon$ and l•gacle8
Unr•strlct•d R•strlct•d
fund•
fund8
Total Unre$lrict8d
funds
Restri¢l&d
fvnds
Total
2024
2024
2024
2023
2023
2023
Donations and gifts
Grants
2,189
31,774
37,369
6,500
39,558
38.274
2,486
3Q,261
38,161
5,900
40,647
36,161
33,963
43.869
77,832
32,747
44,061
78,808
Donatlonfj ond 91ftg
Sl Androws University &
Fife Council Igift In kindl
The St Andrews Ball
Committee
Provost Tulloch
Small donations
Kale Kennedy Clu
24,369
24,369
24,161
24,161
1,250
1,250
13,000
1,236
1,000
13,000
13.000
2,189
13,000
2.189
1,236
1,000
2.189
37.369
39,558
2,486
38.161
40,647
Grants roGglvabl•
Fife Council
University of Sl Andrews
Eat & Heal
Transport Grant
Rufal Poverty Aclion
31,774
31,774
30.261
30.261
1.900
4,000
1,900
4,000
4,000
2.500
4.000
2.500
31,774
6,500
38,2T4
30,261
5,900
36,161
In¢om• from ch•rlt•ble a¢llvltl•¥
Unre$trl¢l•d Unr••trlctsd
funds
funds
2024
2023
Charitabl• actlvltles
After school care and holSday club
123,377
86.530

THE COSMOS COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
ot￿r tradlng actlvitlej
Unr••trlctod Unrestricted
fvnd¥
Jnds
2024
2023
Coffee Bar Sales
Sub¥cription
Minlbus
Hbre of centre
Mèmber fèes
Photocopier and pay phon8
Fife Council se￿iCe charges
827
158
3.727
23.630
39
122
10,526
824
179
3,935
25,922
122
120
9,639
Other tradlng aclb4ltS•1
39,029
40,541
Incom• from Inv••tsn•nt•
Unr••trlGt•d Unr••trl¢t•d
fund¥
funds
2024
2023
Inlèr8s1 rec8lvable
3,851
1,980

THE COSMOS COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Expondlturo on charltabh actlvltiès
Charltablo
actlvltl•¥
2024
Charltabl•
ac￿vItI*•
2023
Direct co¥ts
Staff Costs
Coffee bar expenses
Rent and rates
Heat and light
Repairs and maintenance
In$uran¢e
Stationery, postage and advertising
MSnS bus expenses
Dr)nalions
Cleaning materials
Office telephone
TV and other lic8rTrces
Aftef School clltb and holiday club
Other costs
186,747
405
21,308
18,612
3,388
3,423
1,301
4.008
160.351
372
21,631
14,584
2,459
4,999
1,405
3,726
soo
1,853
1,089
1,581
15,992
2,294
2,506
771
1,275
26,778
2,216
272.736
232,836
Sharo ofsupport and gov•rnance costs (see note 81
Govemance
10,444
11,492
283,180
244,328
Analy•l¥ by fund
Unreslriclèd lundg
Reslricled fLtnds
236.062
47,118
180,693
63,835
283,180
244,328
SupportcoNts
Support Governance
Costs
costs
2024Support costs Governance
osls
2023
Depreciation
Independent examiners
fee
5,561
5.561
6.401
6,401
3.497
3.497
3,450
3,450
Legal and profes$ion81
1,386
1,386
1,641
1,641
10,444
10,444
11.492
11,492
Govemance ¢ost$ indudes paymenlg lo the independent examiner of £3,49712023- £3.4501 for independent
examin•b"on fees.

THE COSMOS COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
N•t movement In fund8
2024
2023
The net rTKJvemenl in fvnds Is staled after charglngl{c￿d￿in9)'.
Depreciation of owned tangible fixed a5$ets
5,561
6,401
10 Tru•t••s
Nonè of the Iruslees (or any person8 connKt•d wSlh Ih•m} rec•lv•d any remun•ratlon or benefits from the
Centre during the year.
Employ￿•
The average monlhly number of ern￿oyees during the y•ar was..
2024
Numb•r
2023
Number
Charllable actlvltl•8
Administraty'on
14
14
Total
17
16
Employm•nt co•ts
2024
2023
Wages and salaries
Social security c0515
Other penslon costs
182,744
2,276
1,727
158,100
88
1,363
186.747
160.351
Th•r• w•r• no •mployè•s whts8e annu$l r•mun•ralion ¥Ya8 mor• than £60,000.
12 Taxation
The charity is èxempl from taxation on 118 activities because all ils in¢ome is applbèd for tharitable purposes.

THE COSMOS COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
13 Tangibl* fixod ass•ts
Fixtur¢$ and
Ilttlngs
omputern
Motor
v•hlcle8
Total
Cogt
Al 1 April 2023
10.000
10,909
43,349
64,258
Al 31 March 2024
10,000
10,909
43,349
64.258
D•preclatlon and Impairment
At 1 April 2023
Depreciation charged In the year
8.230
266
4,749
925
14,217
4,370
27,196
5,561
Al 31 March 2024
8,496
S,674
18.587
32.757
Canying amount
Al 31 March 2024
1,504
5.235
24,762
31,501
Al 31 March 2023
1,770
6,180
29,132
37,062
14 Dgbtors
2024
2023
Amounts falling due vilthln one y••r:
Trade debtors
19.640
13,153
15 Cr•dltor#: •mounts falllng du8 wlthln one year
2024
2023
Other taxab'on and sccial $8curily
Trade creditors
Other creditors
Accruals an(J deferred income
1,141
401
9,662
9.415
325
12,508
8,602
20,619
21.435
Included within other creditors is amounts due to third parties for fvnd5 hekl on their behaw.
16 R•tlr•mgnt b#n•fit gch•m•$
2024
2023
Defin•d contrlbution $ch•mo1
Charge to profil or loss in respect of deffined contribution schemes
1,727
1.363
The Centre operates a defined contribution pension scheme for all qualifying ¢mployees. The asgets of the
scheme are held separately from those of the Centr¢ in an independently administered lund

0 ¢7) (Vi
o 0> ¢Vi
c iJ LL E rlj
112'flla I
<-E.2V
gszuie

THE COSMOS COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
18 Analysls of not assets b8lw8•n funds
Unr•¥trict•d
funds
2024
Ro•tri¢t•d
nds
2024
Total
2024
At 31 M*rch 2024:
Tangible assets
Current asselsllllabililiesl
7,136
134.423
24.363
13.943
31.501
148.366
141,561
38,306
179.867
Unr••trl¢t•d
nd•
2023
R••trfct•d
funds
2023
Total
2023
At31 M*rch 2023:
Tanglble assets
Current a8setslllbbllllie$l
8,399
167,246
26,663
14,650
37.062
161,898
175,645
43,313
218,958
19 D•8lgnat•d fund8
Thè unre8trfclod thjndi of tho charlty eomprile thè un•xp•nd•d balanu• ol don4b.ong and grants which are
not subjèct lo specific conditions by donors and grantors as to how they may be used. Th8se include
d8slgnalgd funds whl¢h havt I￿￿n Jet aslde out ol unreslrlcted fuThJs by the Iru5t•e$ for spgclflc purposes.
8%￿nc• at
B&lan¢• at
1 Awll 2023 31 M•rch 2024
1 Aprll 2022
Transport reserve
6,000
{6,0001
6,000
{6,0001
Purpos• of D￿Ignated Funds
Tran5PQrt reserve - funds Set a¥lde to fvnd fuluTe mlnlbu5 expenses.
20 Evants aft•r th• reportlng dalg
The chanty transferred lo a SCIO on 20th July 2024.

THE COSMOS COMMUNITY CENTRE
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
21 R*latsd party tran$a¢tlons
Tran5aCtion$ with rel•tsd p•rti•o
Durin9 the year Ihe Centre entered into the following transaction8 With related pa￿'es..
Fife Council has been identified ag a related party as
an appointed counclllor. £30,261 12023 £30,2611 was rpceive
uranl income.
Frfe Council seconded a member ol their sl*ff to support Gogmos Community Centre durfng Ihe year therefore
£4,369 {2023 - £4,161) ha$ ￿en recognised as a gift in kind.
ho 1$ a InJ8tee of the certre, i¥
e C(>uncil in the fomi of recurring
rom