Charlty No: SC016522 GRANTON INFORMATION CENTRE REPORT AND ACCOUNTS FOR YEAR ENDED 31 MARCH 2024 AG ACCOUNTING
GRANTON INFORiKATION CENTR YEAR ENDED 31 MARCH 2024 CONTENTS: Page Legal & administrative inforn)ation Management Committee Rew)rt Independent Auditor's Report Statement of Financial Activities Balance Sheet 1(>16. Notes to the A¢Unts
GRANTON INFORMATIO,N CENTRE LEGAL & ADMTNISTRATIVE INFORMATION YEAR ENDED 31 MARCH 2024 Page I Constitution GT8nlon lJ]fomiation Centre w&s established by constilution. The management of the charity is the respotlsibility of the Management Committee. which is elected undcr the tern)s of the ¢onsts'tution. Charltable status Granton Infomiation Centre is recognised by HMRC &8 having chan"tabl¢ status. Its charity number is SC016522. Management Committee Member% of the Managemcnt Committee during the year were a8 follows: Princlpal address: Prlnclpal advlsers: Banker8 The Royal Bank of Scotland plc.. 142-144 Princes StrecL Edinburgb EH2 4EQ Independent Audltor: ACJ Accounting, Siatutory Auditor, 167 Curriehill Castlc Drive, Balemo E1114 STD
GRANTON INFORMATION CENTRE REPORT OF THE MANAGF.MENT cOMMIEE YEAR ENDED 31 MARCH 2024 Page 2 The Managetnent Committee. who are also the Ttees, pleasure in presenting its rwrt for the year ended 31 MaTch 2024. The Management Committce adopted the provisions of the Charities SORP (FRS102) 'Ae¢ounting alld Reporting by Charities: Statement of Recommended Practice applirAble to charities preparing their accounts in accordance with thc Financial RepOrtg Standard applicable in the UK and Republic of Ireland (FRS 102) (effertive l January 2019) in preparing the annual report and accounts. The accounts comply with the requirernents of the Charity and Trustee Investment (Scotland) Act 2005, the Charitics Accounts (Scotland) Regulations 2006 and the chaTity's governing documenL Organisation Day to day MaDag¢rnt and operations are delegated to th¢ Lentrc Manager. Caroline PiLkeringJ who reports to ihe Management Committe¢. The Management Committee duTing the year and at the date of this report are &8 shown on page l. Objective$ The objectives of Granton Tnformation Ccntre are the alleviation and eradication of poverty through the delivery of an a¢¢¢ssiblc and comprehensive welfare rights advice scrvice. Granton Inf0rn1ation Centre seck5 to achieve these objectives by dclivcring the following services.. l ) providing ailviLg l infunnation on welfare righLs related issues such a8 Benefits, Housin& Money AdviLe and Debt via Centre-based inlerviews, home visits, NHS GP Surgeries and outreach clinics 2) providing Icprcscntstion at Tribunals and the Sheriff Court 3) providing support to families where a family memb¢r has specific needs 4) providing spccialist surgeri&8 on hou8ing debt 5) provlding trainin8 for local people, groups and organisations 6) raising awareness of welfare rights entitlements amongst various d¢mographic groups (i.e.OAPs, Carers, Disabled People. Families) within North Edinburgh and Restslrig providing such groups with support and rurceS and COryordinJtin8 responses to the needs identifjed. Review of progress & achlevements Since 1984, Grdnton Intormation Lentre (GIC) h&8 evolv¢d to teflect thc needs. of local people. We provide free, impartial advice and infomlation on a range of issues. such as Welfare benefits, Housing issues, Housing dcbt. General dcbL Fuel povety, Energy EtTiciency. When appropriate, we also undertake focused take-up campaigns. develop and deliver training I raising awareness sessions relating lo the under claiming of benefit8. income maximi7Ation. debt prevention and financial literacy. We actively assist cntitled non-recipients to make claims and represcnt thetn where there is a dispute concerning entitlernent at trtbunals and the Sheriff Court. We deliver our service by a variety of methods. Centre-based drotpin se&sions. Centre-based intervlews. horne visits. NHS GP Surgeries and outreach clinic8. The result is a vital service thal 18 greatly valued by local people and local agencies. GEC takes a holistic approach io advice provi8ion and does not just deal with"presentAng' probleTns. This approach ensurcs that cvcryone who is seen by a workcr at GIC benefits in some way (e.g. by increased knowledge of local opportunitics. up-take of benefits" better managcmcnt or rcduction of debt; avoidance of homelessncs5. and by sign postmg to other relcvanl PTojects we are able to provide opportunities for additional or ongoing support).
GRANfoN INFORMATION CENTRE REPORT OF THE MANAGEIWENT COMMITTEE (tonifinued) YEAR ENDED 31 MARCH 2024 Page 3 Once again there bave been a number of challenges lacing the organisation over the reporting period. The rise in demand for the scryices and the increasing complexity of enquiries alongside the reduction in staff resources, due lo staff losses. an Incr¢ in stsff absence and the training and support nceds of new staff. has rcsultcd in additional demands on our advice team and impacted on our ability to respond to the growing demand for our scrYic¢s. Wc Continue lo adapt our services as appropriatr and in line with our service agr¢emenls, by offering a mixed seTvice of fac¢-face. telephone and online appointments. Staff work from home when r¢quired and have adopted a flexible office bas¢(V home working regime whenever possible. Online and in person stsff training, appeals and tribunals also contmued. Siafyrecruitment was slow due to a noticeable reduction in applicants. The continuing demand for our services demonstrates a real need for the work we undertake. The evidence of our 3UCC¢5s in achieving good results for the local rcsidents is demonstrated by our annual statistics. The following siatistics indicate the achievements of Granton Infornlation Centre during the year 202312024: Clients Ncw Cases Opcncd R¢prcsentations at Tribunals Amount of New Debt Deali with Generated income for clients 3697 3765 53 £511,243.32 £3.030,801.82 There havc been no changes in the objects since the last Annual rep. Review of finAn¢ial position The surpluses and deficits on each fid are shown in the Ststemenl of Financial Activities on page 8. Total income for the year rose slightly lo £407,308 {2023.. £394,673) and expenditure also mse slightly to £421.074 {2023.' £4110,622). Funds under manag¢m¢nt at the year-end werc £270,316 (2023: £284.082). The PTin¢ipal funders are the City of Edinburgh Council and Lothian Health Partnerihip. Reseryes policy Th¢ activities of the charity are principally funded on an annual basis by grants from local authority and other bodies, based on annual budgets established by the Management Committee. The Committee feels that it 18 prudcnt to hold some reserves in order to enable a reduccd service an(Vor exit strategy costs, including redundancy costs, should future funding not be forthcoming. An estimated cosl for this could be in the region of £75.000- £1(M).000. Total unrestricted fimd8 at thc ycar end were £206.884 (2023.. £189,368). Risk management The Management CommTttee has considcrcd thc major risks to whi¢b the charity is exposed and has established systems to mitigate those risks.
GRANTON INFORMATION CENTRE REPORT OF THE MANAGEMEKf COMMITTEE (continued) YEAR ENDED 31 MARCH 2024 Page 4 Plydns for the future We will continue lo ensure that staff are fully up to da* with all cumt and new legislation in order to sustain OUT servic¢s to clicnts. We continue to monitor atid evaluate the service we currently pmvide to ensure that we meet our current lunding commitmcnts and targets. The demand for our setvice continues and project dev¢loptn¢nl has focused mainly on ensuring we make th¢ n¢¢essary changes to allow us to meet the current demand. We will continue with our upgrdding of the building. We have to maintain fvnds for on-going mainlenance. As an old building it requires extensive building and cosmetic work. In light of the current econorni¢ Situatio it is our plan to continue looking at pay scales for staff. Tru8tee8' responsibilities The Management Committee (who are also thc Tntee8) are responsible for preparing the Report of the Managcment Committee and the financial statcments in accordance wtth applicable law United Kj'ngdom accounting stsndards (Unitcd Kingdom generally i¢ple accounting practice). Charity law rcquires the Trustees to prcpare accounts for Cach fu1ClaI year which gTrve a tru¢ and fair view of thc state of affairs of the charity and of the incoming resources and applicalion of resources, including the net income and expenditure, for the year. In prcp8rtng the accounts th¢ TnteeS are rcquired to: select suilable accounting policie8 and apply them eon8iStently' ob5¢rvc the methods and prinLiples of the Charities SORP. rnake judgements and estimates that are reasonable and prudenL prepare the fmancial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. Thc Trustees have overall responsibility for en5UTing that the organi$8tion h&$ appropriate systems of control, financial and othcrwisc. They are also rcsponsible for kccping proper accounting records which dibLlosL with rca8onablc 8ccufdCy at any timc thc financial posih'on of th¢ charity and io enable them to ensure th¢il the financial statements comply with the Charilies and Trustee Investment (Scotland) Act 2005, thc Charity Accounts (Scotland) Regulaiions 26. They are also responsible for safeguardittg the assets of the charity and for laking reasonable steps for the prevention and detcction of fraud and other irregularities. This report was approved by the Trustees on l O April ?0? Ch&irperson
Page 5 INDEPENDENT AUDOR's REPORT TO THE TRUSTEFS OF GRANTON INFORMATION CENTRE Oplnlon We have audiied the finaneial 8latements of Grnnton Infomiation Centre for the year ended 31 March 2024 whicb cornprisc the Statement of Financial Actftvities, Balancc Shed and notes to the financial statem¢nts including a surnM of significant 8ccoiinting policies. The financial re)rtIng framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, inLluding Financial Reporting Standard 102. The Financial Reports"ng Standard applicable in the UK and Republic of IreLand (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: give a true and fair view of the stat¢ of the ¢totity's affairs as at 31 March 2024 and of its incorne and expenditure for the year then eDd¢d. have becn PrOplY pPared in accordane¢ with United Kingdom GenAllY A¢¢ted Accounting Practice. and have been prepared in accordance with the requirements of the ChaTitics and Tte¢ Invcstmcnt (Scotland) Act 2005 and regulation 8 of the Charities Accounts (Scotland) Regulations 2006 (as Iunended). Basls for oplnlon We conducted our audit in a¢¢ordance with International Standards on Auditing (UK) (ISA'S (UK)I and applicable law. Our r¢srKTrn8ibililies under those standards are further dcscribed in the Auditors responsibilitics for the audit of financial statements section of our report. We are independent of the charity in acwrdancc with the ethical requirements thai are relevant to our audit of the financi81 statements in the UK, including the fRC's Ethica] Standard and the Provisions available for small entities. in the circLtmstances set out in notc 3 to the financial statements and we have fulfilled our ethical rcsponsibilities in accordance with these requirements. We believe that the audit evidentt we have obtained is sufficient and &ppropTiate to provide a basis for our opinion. Con¢lu$ion$ r¢l8tlng to golng concern We have nothiTtg to report in resped of the following matters in rel¥tion to which the ISA'S (UK) requircs us to rew)rt to you where: the trustees, use of thc going concern basis of accounting in th¢ PT¢paTation of the financia] ststements is not approprialc. or the trustccs have not discloscd in the financial statcments any identified malcrial uncertaitities that may cast significant doubt about the charily's ability to continue to adopt the going concern basis of accounting for 8 period of ai leasl twelve months from the dale when the financial statements are authorized for issue.
Page 6 Other informatio The other infomiation comprises the infOrntiOn included in the tntee8. al81 report other than the financial statements and auditor's rert thereon. The arc responsible for the other infoTm8tion. Our opinion on the financial stslements does not cover the other infonnation an we do not express atiy fonn of assurdllce conclusion thereon. In CODne¢tion with our audii of the financial 8tatcments, our responsibility is lo read the other inf0mtiOn and. in doing so, consider whether the other infonnation is materially inconsistcnl with the financial statements or our knowledge obtsined in the audit or otherwise appeaTS to be materially misstated. If we Trdentify such material inconsistencies or apparent material misstatements. we are required to de1cle whether there is a material misstatement in thc financial statements or a material misstatement of the other inforntion. If. based on the work we have performed. we conclude that there is a material misstatement of this other inf0mtio we are required to report that fact. We have nothing to report in this r¢gar(L Matters oft whlch we Ire requlred to report by exceptlon We have nothing to report in respect of the following maltcrs wbcr¢ the Charities and Trustee Investment (Scotland) Act 2006 and the Charities Accounts (Scotland) Regulations 2006 (as amended) requircs us to POrt lo you if, in our opinion: the infomiation given in th¢ financial statements 1$ inconsistent in any material respect with the trustees, annual rcport; or proper accounting records have not Ixcn kept; or the financial slaiements are not in agrecment with the accounltng records; or we havc not reccivcd all the infOrntiOn and explanatiODS we require for OUT audit. Responsibilities of trustees As explained morc llY in the truste, rcspoDsibilitics statement set out on page 4, the trustees are responsible for the prep&ration of the financial stalemenls which give a true and fair vTrew, and for such internal control as the trustees dclennine is necessary to enable the preparntion of the financial statements thai are free from material misstatement, whether duc to fraud or em)r. In preparing the financial statements, the trustees arc responsible for asscssing the charity's ability to ontinue as a going concern. disclosing, as applicable, matlers related to soing Loncern and using the going concern basis of accounting unless the tte¢S either intend to liquidate the charity or to ce&8e opcrations, or bav¢ no r¢alistic altcrnativc but lo do so. Audltor$' responsibilitie5 for the audit of the financial $tat¢ments We have bcen appointed as auditor under se¢lion 44(1)(c) of the Charities and Tru8lee Investment (8cotland) Act 2005 aTJd report in accordance with the Act and relevant regulations made or having cffcct thereundcr. Our objective5 are to obtain rcasonable assurance about whether the financial statemenLs a whole are free from material misstatem¢nL whether due to fraud or error, and to issue an auditor's rery)rt that includcs our opinion. Rcasonable assurance 15 a high level of assurance. but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misststement wben it exists. Misstatements can arise from fraud or crror and are considered material if, 1ndividL11Y or ID the aggrcgatc, they could reasonably be expect to mfluence thc cconomic decisions of users taken on thc basis of these financial statements. Irregularlties, including fraud are instances of Don-compliance with laws and regulations. We desigrt procedures in line with our responsibilities. Outlin abovc. to dete rnatcrial misstateTncnts in respect of irregularities, including fraud. The extent to which our predureS ar¢ capable of detecting itregularities. including fraud is detailed below:
Page 7 We obtained an understanding of the natUTe of the sector. including the legal and regulatory framework, and how the charity is complying with that framework. The key laws and regulations considered included the Statement of Recommended Practice: Accounting for CharÉties FRS 102 (2019). the Clwitics alld Tre IDvestment (Scotland) Act 25 and the Charities Accounts (Scotland) Regulations 2006 (as amended) We enquired of management aut any known or suspected instances of non-compliance with laws and regulations, including GDPIL employmcni law and fraud. We desigmed our audit testing th dete¢1 Illatla1 misstatements from other irregulatities that result from error. As a result of these prwedure%, we consider the opporlunitics and inceniRve5 that May exist within the charity for fraud. In Common with all audits under ISAS (UK). wc perforn) spccific proccdurcs tt) respond the risk of management override and inappropTiate recognition of income. Du¢ to the lltherent limitations of an audiL there is a risk that we will not delecl all irregularilie%, including thosc Icading to misstatcment in thc fu)ancial statcmcnts OT non-compliancc with regulations. Thi5 risk increas¢5 the more that compliance with a law or Tegulalion is removed from the ¢vents and tran%a¢lions rctlected in the financial stalements, as we will be less likely to beLome aware of instanies of nOnoMpli8nc¢. The risk is also grcat¢r regarth'ng irrcgularittcs that result from fraud as these involvc concealmenL foTg¢ry. collusion, omission or misrwrcscntation. A fLrther description of our rwnsibilities foT the audit of the financial slatem¢ntS Is located on the Financial Reporting Louncil's wcbsite at.. htt s://www.fr¢.o .uk1auditorcS nsibiliti¢s. This description forn)s part of our auditor's Teport. Use of Dur report This report is made solely to the charity's members as a body, in accordance with Section 10 of the Charity Accounts (Scotland) Regulations 2006. Our audit work has been Undertaken so thal we mlght state to the charity's trustees those matter5 we are required lo slatc to them in an auditor'8 report and for no other purpose. To thc fullc%t cxt¢nt pennittcd by law, we do not accept or assumL rcsponsibility to anyone other than the charity and the charity's truslees as a iK)dy, for our 8udil Work, for this re)rE or for the opinions we have foTmed Wc communicate with thosc chargcd with govcrnancc rcgardin& among othcr mattets. the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in inlernal control that we identify during our audit. AG Accounting Stalutory Audilors Eligible to act as an auditor in ten of se10n 1212 of the Companies Act 2)6 167 Curriehill Castle Drive, Balerno. Date.. I l April 2025
GRANTON INFORMATION CENTRE STATEMENT OF NANCIAL ACTIVITIES (ineorporating Income & ExpeDdi¢ure Account) YEAR ENDED 31 MARCH 2024 Page 8 2024 2023 Unr&8tricted Restricted Funds Funds Note Total Total Income ond endowrnents from: Donations and legacies Investments 11.615 3,629 392.064 403,679 3.629 393.538 1,135 Tolal Income 15244 392.064 407.308 394.673 Expendlture on: Charitable activities 1,478 419.596 421.074 41)0.622 Total pendilure .478 419.596 421.074 400.622 Ne¢ inLome/(a¥pendilure)before transfers 13.766 (27,532) (13,766) (5.949) TrMnJfer$: Transfers between funds 3.750 (3,750) Nei Movemenl infvnl 17516 (31282) (13,766) (5.949) Reconclllatlon of fund$: Total Funds brought forward 189368 94,714 284,082 290,031 Total Fundy CLtrriedfonvard J2 206.884 63,432 270.316 284,082 The Notes on pages 10 to 16 form part of these accounts.
GRANTON IIYFORMATION CENTRE BALANCE SHEET 31 MARCH 2024 Page 9 Note 2024 2023 Flx¢d Assets: Tangible assets 41.414 43.934 Current Assets: Debtors & prepayments Bank and c&sh balances 11.142 234,974 41,699 215,162 Total ct4rrenl l$ets 246.116 256,861 Llabllities: Crcditors: Amounts falling due within one y¢ar io 17,214 16,713 Tolal curreni liabililies 17,214 16.713 Net CurrentAJsets 228.902 240,148 Nei Assets 270.316 284,082 The funds of tbe charlty: Restricted income funds Unrestricted income funds 12 12 63.432 206,884 94,714 189,368 Tolal charityfvndv I I 270,316 284.082 The financial sta*ments were approved by the Mana8¢ment Committee on 10 April 2025 and signed on its behalf by.. "h#irperson The Notes on pages 10 to 16 fonn part of these accounts.
GRANTON INFORMATION CEiYfRE NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCII 2024 Page 10 Accounting Policies {a) Accounting convention The financial slatements of the charity have been prepared in accordance with the Cbarlties SORP (FRS102)'Aecounting and Reporting by ChaTities: Statement of Recommended Practice pplicable to charities preparing their accounts in accordance with the Financial Reporting Sian(lard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019), the Financial Reportllig Stsndard applicable in the UK and Republic of Ireland (FRS 102), and the Charities Accounts {Scotland} Regulations 2(M)6. The preseni&tion ¢urr¢ncy is £ sterling. The ¢hatiiy meets the definition of a public benefit entity under FRS 102. Assets and liabililies are initially reeognised at historical cost or transaction valuc unless otherwise stated in the accounting polictes. (b) Fixed assets and depreciation Items of Capital expendire costing le&q than £7.0 are written off to the Ststement of Financial Activities. Major items of capital expenditure ar¢ included in the Balance Sheet at cosl price les depreciation. Tangible fixed assets are depreciaid by the straight-lTrne m¢thod over their anticipated uscfid lives al the following annual rates: Heritable property & refurbishment COS¢s - over 30 years Equipment - over 4 year8 During 2023 the estimated u5¢ful life of the Heritable Property and Refurbishment costs were ssessed to Still have a use] lifc of 30 yeaTS and as such the remairring net book value will be deprecated over this peri¢)d. (c) tDcom¢ Grant income iniended to finance revcnuc expenditure is rccognised in ihe Siatcment of Financi Activities when the condiiions for receipt bave been met and there is reasonable assurance of receipt. Such income is only deferred when it has been specified that it can only b¢ used in a future accounting period or there are donor imposed conditions. Grant income intcndcd to finance capital expcudityre is recogniscd in a r¢stricicd fund in the Statern¢nt of Financial Activiti¢s when the conditions for reccipt havc been rnet and therc is r¢asonable assurance of elp1. The fimd 1$ reduced over the useful economic life of the asets by annual chargcs for depreciation. (d) Expcnditure Resources expended are included in the Statent of Financial Activities on an accnjals basis. inclusive of VAT which cannot Ix recovered. (e) Allocation of expenditure Where POSSTblc. expenditure has been charged direct to raising fun(ts and to clwitable activities, whi¢h includ&s the governanc¢ SL$ of the charity. Where this is not possible the allocation is done on an equitable basis. (O Funds Funds beEd by the charity ar¢ either: UnTe8tricied general nds- these are fund8 which can bc used in aCrdallce with the charitable objects at the discretion of the trustees. Designated funds- thcse are funds set aside by Ihc TnLSte¢s for a specific purw)se. Rcstricted funds- these are fiinds which can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for parn"cular restricted purposes.
GRANTON INFORMATIOIY CENTRE NOTES TO THE ACCOUNTS (continued). YEAR ElED 31 MARCH 2024 Page 11 (g) Pension Schemes The charity operate8 a defiT]ed contribution scherne which meets the eTiteria for Auto Enrolment. The pension charge in thc incomc and expenthture accoLmt represellts the amounts payablc to the nd in r¢sp¢ct of the perio (h) Taxation The Ccntre is tccognised by HMRC charity and ac4x)rdingly no provisions foT taxation a required. Financial instruments The charity only has financial assets and liabilities of a kmd that qualify as basic financial instruments. Basic fuwicial instruments are initially recognised at transaction value and subsequcntly Measur ai their settlcmcnt value with the exception of baDk loans which arc subsequently measured at amortised cost usin8 the effective ijjterest method. Debtors Trade and other debtors are recognised at the settlement amount due after any di$cow]t offered. Prcpayments are valued at the any)unt prepaid net of any discounts due. Ik) CAsh at bank and in hand C&8h at bank and cash in hand includes cash and short tenn highly liquid investmenls with & short maturity of thr months OT less from the date of a¢quisition or opening of th¢ deposit or similar account. {11 Creditors and provisions Creditors and provisions arc recognised where the charity has a presenl obligation resulting from a past event that will probably result in the transf¢r of funds to a third party and the amount due to settle the obligatson can be measured or estimated reliably. Creditors and provisions are nornully recognised at their s¢ttlcment amount after allowing for any trade discounts due. (m) Significant judgments and estimates Preparing the financial statements may require the trustees to make significant judgments and estimates. There were no ituns in the financial stalemenL8 where these judgments and estimates were required. Legal StAt The charity is an unincoryK)rated organisation based in Scotland. The relevant referen¢¢ numbers and address are sbowll in thc tcport of the management committee. Non-Audlt Servlces In common with other business¢s of OUT size and nature, we se our auditots to assist in the preparation of the statutory financial statements. Related Party TransYd¢tlons There were no related paty transactions during thc ycar that require disclosure.
GRANTON TNFORMATION CENTRE NOTES TO THE ACCOUNTS (continued). YEAR ENDED 31 MARCH 2024 Page 12 Unrestrieted Restricted 2024 2024 Totsl 2024 Unrestricted Restrtcted Totsl 2023 2023 2023 Donatlons and legacies: City uf Edinburgh Council Lothian Health Partnership SLoltish Legal Aid Board Advice UK (Scottish Government Debt Advice Levy Fund) Other income 341202 341.202 330,264 330.264 {35.IKK)) (35.000) 35.000 35,000 37.040 37,040 27,040 27.040 48.822 48.822 11,615 11.615 1,234 1,234 11.615 392.064 403.679 1.234 392,304 393,538 Inv¢stm¢nt Income: Bdnk intsresl 3,629 3.629 1,135 1.135 Total incoming resources 15.244 392,064 407,308 2.369 392,304 394,673 ststT Costs & Number¥ 2024 2023 Salaries Social security costs Pcnsion cost5 - Defiu¢d contribution 332.728 23,508 4.164 327,859 23.982 4,404 360,4(HI 356,245 The average weekly number of employees during th¢ year was 14 (2023 - 14} No employe¢s rxeived in excess of £60,000 per year. Contributions to a defined contribution scheme ar¢ in respect of contributions payable during the year. Contributions outstsnding at the year-end amounted to £793 (2023: £796). The Key Management Persomlcl ofthe Charity Comprises the TnS and the Centre Manager. The total employee benefits of thc key manageEnent personnel. including employer pension contributions. during the year were £47.685 (2023: £47,997). No member of the Management ComTnittcc r¢ceived remunerntion or re1Mburnent of expenses incurred during the year (2023.. Nil).
GRANTON INFORMATION CENTRE NOTES TO THE AccouKfs (continued). YEAR ENDED 31 MARCH 2024 P8ge 13 ChAritable Expenditure Uttrestrltttd Restricled 2024 2024 Totsl 2024 UnT¢8trickd Restricted 2023 2023 Total 2023 Gro8% $8lari¢s Recruitment Costs St&ff Training Travel Costs Publications, publicity & Subscriptions Rates (Inc Water) Room Htre Insurance Repairs & maintenance Heat & Light Cleaning Equipmcnt rcplacemeDts & rcpairs Software development & Website hostsng Stationery & photocopying Postage Telephone & Fax 3 Party Payments Sundry Expenses Depreciation Audit Fees A¢counlancy Fccs Legal & Profcssional Costs Bank Charges (5216) 365.616 360.400 337 337 3.477 3,492 306 306 (5,299) 361,544 356.245 15 286 1.351 1,637 6.482 2.565 6,489 2.555 5.671 2.823 6,135 2.902 2,242 3.873 1.674 5,504 2,311 (io) 70 79 2,242 4.049 6.017 7,252 2.523 4.049 4.794 10.391 2.481 3.873 2,932 5.391 2,525 (1,223) 3.139 (42) (1.258) (214) 337 4,314 4.651 102 1,601 1,703 623 559 3,138 1.178 3,540 1.182 3,182 1.178 3,124 2.250 3.414 2.520 448 2,817 .031 3.927 450 2.999 1,046 4.185 750 32 2,520 2,500 1,755 182 15 258 750 (416) 2,250 249 1,401 250 3.165 1,119 2.350 lJ80 26 1,119 3.950 1.755 (1.450) 1,380 135 135 155 155 1,478 419.596 421.074 {2,317) 402,939 400.622
GRANTON INFORIUTION CENTRE NOTES TO THE ACCOUNTS {continued). YEAR ENDED 31 MARCH 2024 Page 14 Fixed Asseti Heritsble oirice Property Refurblshment Equlpment Totsj Cost At l April 2023 Additions Disposals 69.727 73.580 19.750 163.057 At 31 March 2024 69.727 73,580 19.750 163.057 Depreciation Ai l April 2023 Charge for ycar On Disposal 56,871 443 44,663 997 17.589 1,080 119.123 2.520 At 31 March 2024 57,314 45.660 18.669 121,643 Nel Book Values At 31 March 2024 12.413 27,920 1.081 41,414 At l April 2023 12.856 28.917 2.161 43.934 Sundry Debtors & Prepayments 2024 2023 Accrued Income Other Debtors & Prepayments 6.760 4,382 37,079 4.620 11.142 41,699 io. Creditors: Amounts falling due vAthin one ye4r Creditors & ac¢ruals 17.214 16,713 17.214 16,713
GRAI¥TON INFORMATION CENTRE NOTES TO THE ACCOUNTS (continued). YEAR ENDED 31 MARCH 2024 P4ge 15 ii. Analysis of Net Assets between Funds Restricted Capitsl Grant Funds Other Restricted Unrestricted Funds Funds 2023n4 Total Fixed Assets Debtors & Prepaymcnts Bank & Cash Creditors & Accruals 31.352 10.062 41.414 4.382 11.142 2011.1101 234.974 (16,361) (17.214) 6,760 26.173 1853) 31 J52 32.080 206.884 270.316 Re$tri¢ted Capltsl Grant Tr'unds Other Restrl¢ted Unrestricted Fund8 2022123 Total Fixed Assets Dcbtors & Prepaymcnts Bank & Cash Creditors & Accruals 32.471 11.463 43,934 4.620 41.699 189,998 215,162 (16,713) (16,713) 37,079 25,164 32,471 62.243 189.368 284.082 12. Net Movements In Funds At At 0111)4123 Income Expenditure Transfers 31103124 2023124 Restrleted Funds: CEC - EIJB Advice Service SLAB AIAS Capital grants 341202 78,631 (35,(KKI) {16,388) 37.040 48.822 341,202 11.972 20274 45.029 1.119 31,659 378 43 31.352 (3,750) 32.471 94.714 392.064 419.596 (3,750) 63,432 Unrestrlcted FuDds: General Fund 189,368 15244 1.478 3.750 206.884 284.082 407.308 421,074 270.316 TraD5fers: These were in relatson to management costs allowed under the fimding agr¢anent
GRAIYTON INFORMATION CEiYfRE NOTES TO THE ACCOUNTS {continued). YEAR ENDED 31 MARCH 2024 Page 16 At At 01104121 Income Expenditure Trnnsfers 31103122 2022123 Restricied Funds: CEC. - ETJB Advice Service 330,264 35.000 27.040 330,264 44.726 26.830 1,119 88.357 (16,598) 33.590 78.631 (16,388) 32.471 Capital wts 105,349 392.304 402.939 94.714 Unrestrlcted Funds: General Fund 184.682 2.369 (2.317) 189.368 290.031 394.673 400.622 284,082 14. Restricted Fund$ CEC- Edinburgh Integrtthon Jwn¢ Board- Funded by City of Edinburgh CouTJciI on behalf of Edinburgh Integration Joinl Board lo provide for advice services within Granton. Rcstalrig and several GP practices. Advice Serviee- No further funding is ¢UTrently available for this projecL The remaining balances have been ring fenced for advice services. SLAB - Funded by the Scotlish Legal Aid Board for one moneyl housing advice workcr to alst pcoplc thrcatcned with hornelessne&s Iprimarily mortgage arrears) and to incre&8e advice provision within the Edinburgh Sheriff Court AIAS- Funded by Advice UK through the Scottish Government Debt Levy Fund for developing adyiee scrvi¢cs in accessible setting whcrc therc is an umnct d¢mand Capital C¥rdn£s - This arose as a result of grant income to financc capitsl expendituff. It is reduced over the useful economic life of the assets by annual charges for depreciation. 15. Golng Concern Bails There are no material uncertainties in relalion to going concern at this tÉme. EIJB funding has been confinned up to June 25 and there are discussiong ongoing with thc City of Edinburgh Council in relation to continuation of fidIng for the rest of 2025126. On this basis the Trust¢e5 aTe satisfied that the financial statements be prepared oll the uoing concern basis and they do not includc any adjustments that would rUl1 if the cbaTity w&$ ullablc lo continue as a going concern.