Toryglen Community Hall (A Scottish Charitable Incorporated Organisation) Financial Accounts For the year ended 31 Mareh 2025 Charity No: SC018381 Company No CS000554
Toryglen Community Hall (A Scottish Charitable Incorporated Organisation) Contents of the Financial Accounts For the year ended 31 March 2025 Page Reports of the Trustees Report of Independent Examiner Statement of Financial Activities Balance Sheet Notes to the Financial Statements 10-14 Detailed Statement of Financial Activities 15
Toryglen Community Hall (A Seottish Charitable Incorporated Organisation) Reference and administrative detsils Registered number CS000554 Charity number SC018381 Accountants Narplan LLP TIA Narplan Accounting Services 63 Main Street Rutherglen G73 2JH Inde endent V.YAminer Bankers Virgin Money
Toryglen Community Hall (A Scottish Charitable Incorporated Oryanisation) Report of the Trustees For the year ended 31 March 2025 si The tnleeS submit their annual report and financial statements for the year ended 31 March 2025. Mission Statement Toryglen Community Hall 'lnspiTing Community Connections, by providing a diverse range of activities, to promote the health and wellbeing of the whole community, ensuring inclusiveness, equality, and pride within the area, thus creating community cohesion. Hall Management and Governance The organisation is a Scottish Charitable Incorporated Organisation - No SCO183 81. The constituted organisation is administered by elected office bearers and reprcscntatives of the users of the services provided. Membership of the board of truslees is determined as set oul in the WTitten constitution of Toryglen Conmiunity Hall. Activities and Performance 2024125 Thanks to the hard work. deterniination and commitment of our manager. we fEnally achieved owncTship of the hall and grounds via Glasgow City Council's Asset Transfer Scheme and a grant from the Scottish Land Fund. We continue to bc busy with a variety of activities taking place in the hall 7 days per week, along with weekend private hall hires. Some of the group% using the hall have been with us for several years, which shows the popularity of both the groups and the hall. Our diary is already filling up for 2025 - we even have some enquiries for bookings in 2026. We continue to receivc grants from Glasgow ComTnunities Fund: I,angside Area Parthership. the local Asda supennarket, along with charitable organisations, and fundraising events organised by our hall Manager. such as Tea Dances, social nights. and fun days. Our Community Development Worker left in May and we decided to change the role to have a joint focus and further develop our work with young people. Our new Youtli & Communiiy Developmcnt Co-ordinator, Chris Tait, started in July and has introduced more activities to cngage with teeiiagers. We would like to thank our funders, wh05C SUPPOrt enables to continue to provide %ervices and activities for the local people. We would also like to thank our staff and volunteers for their hard work alld support in kceping the hall running: as well as our services users. Our particular thanks to Eveline who, unfortunately, had to retire in December due to ill health. She dedicaled a great deal of expertise and hard work over the past 10 years to improve the building and develop the services and reputation of the hall.
Toryglen Community Hall (A Scottish Charitable Incorporated Organisation) Report of the Trustees (Cont'd) For the year ended 31 March 2025 Future plans Isustainability We will now develop our plans to extend the building to provide additional spaces to meet the needs of the local and wider community. This will enable us to not only provide a wider range of activities to the local and wider community, but also increase our income generating opportunities. We have recruited a Project Manager to take this work forward, including securing fLmding for the build. Toryglen has been expanding over the last few years due to new houses being built, which is providing us with an opportunity to attract more people to use the hall. Our YCDC, Chris Tait, successfully applied for the manager's post and will start in June. st Unrestricted reserves at 31 March 2025 were £77,861 (2024 - £68,960) and are deemed appropriate by the trustees for the charitable purposes of the SCIO. 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 Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company Law applicable to the SCIO requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources. including the income and expenditure, of the charitable company for that year. In preparing these financial statements, the Trustees are required to: Select suitable accounting policies and apply them consistently. Observe the methods and principles in the CharitÉes SORP. Make judgements and estimates that are reasonable and prudent. State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements, and Prepare the financial statements on a going concern basis unless it is inappropriate to presume the charitable company will continue in operation. The trustees are responsible for ensuring proper accounting records are kept which disclose, with reasonable accuracy at any time, the financial position of the SCIO and which enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). They are also responsible for safeguarding the assets of the charity SCIO and for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Toryglen Community Hall (A SCOttb Charitable Incorp(brated Organisation) Report of the Trusiees (Cont'd) For the year ended 31 March 2025 Reserves Policy The trustecs have examined the charity's requirements for reserves in light of the main risks to the organisation. It has established a policy whereby the unrestricted funds held by the charity should be at a level high enough to cover 6 months of cxpenditure. The reserves are needed to meet the working capital requirements of the charity and the trustees are confident that at this level they would be able to continue the current activities of the charity. Approval This report was approved by thc Board and signed on its behalf. By Ordcr of the Board Linda Wilson
Toryglen Community Hall (A Scottish Charitable Incorporated Organisation) Scottish Charity - SCOI.8381 Report Of The Independent Examiner To The Trustees of Toryglen Con)munity Hall SCIO st We report on the accounts of the charity for the year ended 31 March 2025 which are set out on pages 8 to 14. Respective responsibilities of trustees and examiner The clrity,S trustees arc responsible for the preparation of thc accounts in accordance wÉth the temis of the Charities and Trustees Invcstment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The charity trustees consider that the audit requirement of Regulation 10(l)(d) of the 2006 Accounts Regulations does not apply. It is our responsibility to examine the accounts as required under section 44(1)(c) of the Act and to state whether particular matters have ome to our attention. Basis ofIndependent Examiner's Statement Our examination is carried out in accordancc with Regulation I l of the 2006 Charities Accounts (Scotland) Regulalions 2006. An ex(llnin(Ition includes the review of the accounting records kept by the charity and a comparison of the accounts presented with those recotds. It also includes consideration of any unusual items or disclosures in thc accounts, and sccks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the cvidence that would be requircd in an audiL and consequently we do not express an audit opinion on the view given by the accounts. Independent Examiner's Statement In the cours¢ of our cxamination, no matter has come to our attention l. which gives us reasonable cause to beli¢vc that in any material respect the requirements: (a) to keep accounting records in accordance witb Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and to prepare accounts which accord with the accounting records and comply Regulation 9 ot.the 2006 Accounts Regulations havc not been met, or (b) 2. to which, in our opinioii, attention should be drawn in order to enable a proper understanding of the accounts to be reached. al'p Narplan House 63 Main Street Ruthcrglen, Gl&sgow G73 2JH th Date 9 February 2026
Toryglen Community Hall (A Scottish Charitable Incorporated Organisation) Statement of Financial Activities For the year ended 31 March 2025 Unrestricted Funds Restricted Funds TOTAL 2025 TOTAL 2024 Incomlng resources from Charitable activities Donations 1,538 30,602 1,538 215,514 1,981 103,129 Grants Receipts from fundraising and other charitable activities 184,912 40,965 40,965 46,917 Totsl incoming resources 73,105 184,912 258,017 152,027 Resources expended on Charitable activities Main charitable activities 63,869 58,172 122,041 138,709 Governance costs 335 625 960 960 Total outgoing resources 64,204 58,797 123,001 139,669 Net Incoming/(Outgoing) resources before transfers 8,901 126,115 135,016 12,358 Transfers between funds Total funds brought forward 68,960 76,572 145,532 133,174 Total funds carried forward 77,861 202,687 280,548 145,532
Toryglen Community Hall (A Seottish Charitable Incorporated Organisation) Balance Sheet As At31 March 2025 2025 2025 2024 2024 Notes Flxed Assets Heritable property 129,226 Current Assets Debtors and prepayments Cash in bank and on hand 15,888 155,194 7,161 159,099 171,082 166,260 Current Liabilitie5 Creditors: Amounts falling due withln one year 19,760 20,728 Net Current Assets 151,322 145,532 Net Assets 280,548 145,532 Funds Restricted Fund Unrestricted Fund 202,687 77,861 76,572 68,960 280,548 145,532 280,548 145,532 The fmancial statements were approved by the board on 9 February 2026 and signed on its behalf. .1 fUiil¢¢ iU]d .1 reasui"ei" The notes fonn part of these financial statements.
Toryglen Community Hall (A Scottish Charitable Incorporated Organisation) Notes to the Accounts For the year ended 31 March 2025 1. Accounting policies Basis of preparing the fjnancial statements The fll]ancial ststements of the SCIO, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention with the exception of investments which are included at market value. The fanCIal statements are presented in Sterling (£). Change in Accounting Basis The trustees have decided to prepare accounts on an accnlS basis for the year ending 31 March 2025 in accordance with the Charities SORP (FRS 102). The comparative figures have been restated on an accruals basis. The main adjustments include recognising debtors of £15,888, (2024 - £7,161), creditors of £19,760, (2024 - £20,728) and heritable propety with a book value of £129,226, (2024 - £Nil). These values would previously have been unrecorded in the accounts prepared under the 'receipts and payment, accounting basis. Going concern The Trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. Management have accessed all available support which has been available at Iocal and national levels. The charity therefore continues to adopt the going concern basis in preparing its financial statements. Critical accounting judgements and key sources of estlmation uncertainty In the application of the company's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimated are underlying assumptions and review on a going concern basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. 10
Toryglen Community Hall (A Scottish Charitable Incorporated Organisation) Notes to the Accounts (Cont'd) For the year ended 31 Mareh 2025 Income reColt10n All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, any perforn]ance conditions attached to the income have been mel it is probable that the income will be rcceivcd, and the amount can be measured reliably. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation unless perforniance conditions require deferral of the amount. Income from charitable activities includes income earned both from the supply of goods or services under contractual arrangements and from performance related grants which have conditions that specify the provisÉon of particular goods or services to be provided by the charity. Income from charitable activities is recognised as earned (as the related goods or services are provided). Income from government and other grants, whcther capital or revenue in nature, are recognised when the charity has unconditional entitlement to the funds, it is probable that the income will bc received, and the amount can be measured reliably. Unconditional entitlement will be achieved once any perfom]ance or other conditions attached to the grants have been met, or fulfilment of those conditions is wholly within the control of the charity. Where perfomiance conditions are attached to the grant and are yet to be met, the Income is recognised as a liability and included on the balance sheet as deferred income to be released. Deferred income Grant income is deferred where the grant is subject to perforn]ance related conditions and is received in advance of delivering services required. Where grant income is deferred it is accounted for as a liability and shown on the balance sheet as deferred income. Deferred income is released to income in the reporting period in which the perfom]ance related conditions that limit recognition are met. Income from other trading activities Income from other trading activities is recognised when the charity has entitlement to the funds, it is probable that thcse will be received, and the amounts can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as a legal of constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the expenditure can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under heading that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of the resources Taxation The charity is exempt from tax on its charitable activities.
Toryglen Commllnity Tl. all (A Scottish Charitable Incoryorated Organisation) Notes to the Accounts (Cont'd) For the year ended 31 March 2025 Fund accounting Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other puryoses. Designated funds comprise unrestricted fidS that have been set aside by the Trustee for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restiicted fund is set out ill the notes to the fllwcial statements. Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-terni liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within born)wings in current liabilities. Pension costs and other post-retirement benefits The charity operates an auto enrolment pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Employee benefits The total cost of employee benefits to which employecs have become entitled as a result of service rendered to the entity during the reporting period are recognised and chged to the statement of fllwicial activities in the period to which they relate. Volunteers In accordance with FRS 102 and the Charities SORP (FRS 102), the economic contribution of general volunteers is not recognised in the financial statements as this cannot be reliably measured. 12
Toryglen Community Hall (A Seottish Charitable Incorporated Organisation) otes to the Accounts (Cont'd) For the year ended 31 March 2025 Grants Grants are made up of:. 2025 2024 Glasgow City Council - Main GCC - Langside Area Partnership (Youth Project) GCC Langside Area partnership (Halo Arts) Glasgow City Council- NRS Mental Health & Wellbeing Fund Endrick Trust Scottish Land Fund Turcan Connell Garfield Weston Bank Of Scotland Foundation Robertson Trust Sanctuary Sundry Others 48,992 48,992 4,520 3,617 500 9,968 10,000 2,000 125,000 4,000 7,500 19,600 9,800 13,000 10,000 700 454 Total 215,514 103,129 3. Independent examiner s remuneration 2025 2024 Independent Exan]ination Fee 96 4. Donationsg grants & other funding Unrestricted Funds Rnrestricted Funds 2025 Total 2024 Total Donations Grants Rentals and Other Income 1,538 30,602 40,965 1,538 215,514 40,965 1,981 103,129 46,917 184,912 73,105 184,912 258,017 152,027 13
Toryglen Community Hall (A Scottish Charitable Incorporated Organisation) Notes to the Accounts (Cont'd) For the year ended 31 March 2025 5. Debtors and prepayments 2025 2024 Trade Debtors Creditors Accrued charges Prepaid income 960 960 Pensions The company operates an auto enrolment pension scheme as required by Pensions Act 2008. There were no outstanding or prepaid contributions at the balance sheet date. Ultimate controlling party During the year, the chaTity was under the control of the Trustees. 14
Toryglen Community Hall (A Scottish Charitable Incorporated Organisation) Income and Expenditure Account For the year ended 31 March 2025 2025 2025 2024 2024 INCOME Donations 1,538 215,514 40,965 1,981 103,129 46,917 Grants Fundraising and other charitable activities 258,017 152,027 EXPENDITURE Wages Rent Equipment & Materials Heat & Light Cleaning Repairs Premises Expenses Programme Activities Telephone, Fax,Internet Postage & Stationery Publicity & Marketing Insurance Professional & Legal Fees Sundry Expenses Held Funds- Cornerstone Café Independent Examiner's Fee 56,369 61,216 200 598 5,496 3,626 5,536 13,747 14,055 18,551 617 393 4,653 5,526 7,609 16,663 19,213 654 86 2,842 2,523 3,165 435 6,307 960 2,998 4,544 618 2,510 960 123,001 139,669 SurplusllDeficit) For Year 135,016 12,358 This page does not forni part of the statutory accounts 15