Charfty R•glstr•tlon No. SC020948 (Scotland) Company Regl8trat5on No. SC2488061Scotland) THE MID GALLOWAY COMMUNITY DAY CENTRE FOR OLDER PEOPLE AT NEwfoN STEWART ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
THE MID GALLOWAY COMMUNITY DAY CENTRE FOR OLDER PEOPLE AT NEWTON STEWART LEGAL AND ADMINISTRATIVE INFORMATION Trustees Dr J W A MacDonald Mr G F Moore Mr J Mcmaster M Maltman Mrs Gilean Vance Mrs Anne McLean Sonlor rnanagemont Mr5 T Thomson Manager country of Incorporatlon United Kingdom (Scotland) SC248806 Charlty r•glstratlon Scotland SC020948 Prfnclpal address Riverside Road Newton Stewart DG8 6NG Independent examlner John Simpson FCA Montpelier Professional (Galloway) Limited 1 Dashwood Square Nevrton Stewart DG8 6EQ Bankern Royal Bank of Scotland 15 Bridge Street Stranraer DG8 7JA Sollcltors A B & A Matthews Bank of Scotland Building8 NeOn Stewart DG8 6EG
THE MID GALLOWAY COMMUNITY DAY CENTRE FOR OLDER PEOPLE AT NEWTON STEWART CONTENTS Pago Trustees, report Independent examiner's report Statement of financial activities Balance sheet Notes to the flnancial statements 7-17
THE MID GALLOWAY COMMUNITY DAY CENTRE FOR OLDER PEOPLE AT NEWTON STEWART TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financi81 statements and comply with the charty's governing document, the Companies Act 2006 the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Nccounting and Reporting by Charities: Ststemenl 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)" ObjoCtlv•s and a¢tlvltl•• The charity's objects are to.. Promote and run Mld Galloway Communty Day Centre for Oldèr People at Newton Stewart, know as Newton Stewart and District Day Centre Create, encourage, foster and maintain the interest of the public by providing a Ilnk between the Newion Stewart and District Day Centre and the Gommunty which it soe8. The policies adopted in furtherance of these objeGt¥ 1$ to run the Day Centre providing a range of actlvltles for Its members and there has been no change in these during the year. Grant making policy The charlty does not di8tribute grants. The trustees have referred to the guidance contained in the Office of the Scottish Charity Regulator's general guidance on public benefit when reviewing their objedivé8 and in planning their future activities. In particular, the trustees consider how planned activitie3 will Gontribute to the objeGtiveJ they have set. Achlevements and perforniance Signlflc8nt actlvllies and 8chlev8mentS 8gainst objectives Thi$ year to 31st March 2025 has been a good steady year for the day centre, Our membership has increased steadily and our membership for meals on wheels has also Increased. Our members are stlll enjoying the freshly cooked meals at a reasonab price and the social benefit of coming to Ihe Genlre therefore itnprovlng their mental health whiGh i• an important a•p¢Gt of our Jervice at tM day Gentro. They are free to Come together in a wam inviting friendly space where they can meet new friends and enjoy the daily activities that the ¢entre has to offer. Which in turn reduces isolats'on and loneliness whiGh Gan beGome serious problem for older people in this rural area. We are thrilled that morè and more people are using the centre thls year and we hope to contlnue. Thls lust reaffimis the importance of day centre within our local community. Thank you to The Third Sector Dumfries and Galloway Mental Health & Wellbeing Fund for their grant award which allowed us to recruit a Volunteer Outreach Cowordinator for 1 year who visited the rural villages within the Machars and Neon Stewart, trying to identify the needs of our elderly population and where the centre could expand or provide for. We have hosted quite a few fund raising nights of bingo where we were very well $upported by the community and businesses who organised gifts and prizes. We will continue to host these nights regularly which helps support the day centre, also people can see what we have to offer raising awarene55 of our service.
THE MID GALLOWAY COMMUNITY DAY CENTRE FOR OLDER PEOPLE AT NEWTON STEWART TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Flnancial revl•w The charity had total incoming resources lor the year of £256,766, representing a inGrea8e of £20,127 on the 2024 year. Total resources expended amounted to £270,033 for the year a8 against £230,921 in 2024. The charity had a net deficit for the year of £13,267 (2024.. surplus £5,718). ReseNes policy It is the policy of the charity that unrestricted funds which are not invested In fixed assets and have not been designated for a specific use (free reserves) should be maintained at a level equivalent to three month's expenditure (estimated at £60,000). The Trustees consider that reserves at this level will ensure that, in the event of a 8ignifi¢ant drop in funding, they will be able to continue the charity's current activities while consideration is given to ways in which additional fvnds may be raised. At the year end unrestricted funds excluding fixed assets were in surplus by £59,903, however £37,000 is designated for a redundancy fund, meaning that free reserves are in surplus of £22,903. The charity has received a commitment from The Riverside Members Trust that it will continue to financially support it if needed to December 2026. Taken together with the budget that 18 in pla, the Trustees consider the charity a going concem. Investment policy Under the Memorandum and Artlcles of Association, the charity has the power to make inve8tments whlch the Trustees see fit for the furtherance of the obje¢tive¥ of the charity. The princlpal source of funding for the charity Is the Social Seriices Department of Dumfries & Galloway Council and income from members and Ihe general communlty. Major risks The Trustees have assessed the major risks to which the charity 1$ exposed, and are satisfied that systems are In place to mitigate exposure to the major risks. Plans for future periods The coming year will See us continue to provide opportunities for our member8 to beneflt from the seprfices of the day centre. We will in addition contlnue to deliver a hot meal to members who are not able to attend in person. It wlll however continue to be our aim to bring as many of our members and their guests as possible to the centre to enjoy warm, friendly and entertaining environment to sociali$¢ with their fellow members and new frlend8. structure. governance and management The charity is a company limited by guarantee on 6 May 2003 and re¢ogni8ed as a Scottish Charity on 6 May 2003. The charity is govemed by its Memorandum and Articles of Association The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statemer)ts were= Dr J W A MacDonald Mr G F Moore Mr J M¢Master M Maltman Mrs Gilean Vance Mrs Anne McLean Mrs S Mccalman Mr Richard Draper (Resigned 30 April 2024) (Resigned 10 April 2025)
THE MID GALLOWAY COMMUNITY DAY CENTRE FOR OLDER PEOPLE AT NEwfoN STEWART TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Recruitment and 8ppointm8nt of trustees The directors of the charitable company are its trustees for the purpose of charity law and throughout this report are collectively referred to as the trustees. As set out in the Articles of Association the chairman of the trustees is nominated by the trustees. No person shall be admitted a Member of the Company unles8 approved by the trustees. Every person who wishes to become a member shall deliver to the company an application for membership in such form as the chairman require executed by him. None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a windin9 UP. To facilitate effective operations the manager, Tracy Thomson have been delegated authority for operational matters. Induction and training of trustees The trustees ar8 invited to th• Board by the Current Directors after assessing the potents'al contribution the individual could make to the organisation. New trustees are briefed on the operations of the charlty and their duties under charity and company law. Dr J WA MacDonald Tru8ts0 Date.,
THE MID GALLOWAY COMMUNITY DAY CENTRE FOR OLDER PEOPLE AT NEWTON STEWART INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE MID GALLOWAY COMMUNITY DAY CENTRE FOR OLDER PEOPLE AT NEwfoN STEWART I report on the financial statements of the charity for the year ended 31 March 2025, which are sd out on pages 5 to 17. Respactlve responslbllltlos of Tru$ts•s and •xamlner The charity trustees (who are also the directors of The Mid Galloway Communty Oay Centre For Older People at Newton Stewart for the purposes of company law) are responsible for the preparation of the financial statements in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities AGGounts (Scotland) Regulations 2006.The charty Trustees Consider that the audit requirement of Regulation 10{1)(a)-(G) of the Charities Accounts (Scotland) Regulations 2006 does not apply. It is my responsibillty to examine the financial ststements as required under section 44(1)(c) of the chall&8 and Trustee Investment (Scotland) Act 2005 and to state whether particular matters have come to my attention. Bas1$ of Independent oxamlner's statsmont My examination wa8 carried out in 8¢¢ordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those cordS. It also includes consideration of any unusual Item$ or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedum8 undertaken do not provlde all the evidence that would be required in an audit and consequ•ntly I do not express an audit opinion on the view given by the acUnt8. Indepondent oxamlner's quallfied statom•nt In the course of my examination, no matter has Come to my attentlon other than dis¢losed below 1. which gives me rea30nable cause to believe that in any material respect the requimment8.' to keep accounting records in accordance with Section 44{11{a) of the Charities and Trustee Inveslment (Scotland) Act 2005 and Regulation 4 of the Charities Accounts (Scotlandl Regulations 2006, and to prepare financial statements which accord with the accounting records and comply with Regulation 8 of the Charities AGGounts {Scotlandl Regulations 2006 have not been met, or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached. I have identified a matter of concern in that the Gharity had not kept sufficient books and records to allow the spenuing against restricted funds to be monitored during the year. In addition, when the process was undertaken post year end, it was identified that £13,143 of spending against one fund had actually taken place in the previous financial year. The charity is now fully aware of their bookkeeping responsibilities in regard to restricted funds, and do not anticipate that this issue will ari8e again in the future. I nPo*J John Slmpson FCA Chartered Accountants Ireland Montpelier Professional (Galloway) Limited 1 Dashwood Square Newion Stewart DG8 6EQ Dat¢.
THE MID GALLOWAY COMMUNITY DAY CENTRE FOR OLDER PEOPLE AT NEWTON STEWART STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrnstrl¢tsd Rg•trictod funds funds 2025 2025 Total Unr•strlct•d R•strl¢tod funds funds 2024 2024 Total 2025 2024 Nots8 Income from: Donations and legacles Charitable activities Other trading activities Investments 73,360 159,771 16,824 768 6,043 79,403 159,771 16,824 768 31,380 138,945 14,061 96 52,157 83,537 138,945 14,061 96 Totsl Incomo 250,723 6,043 256,786 184,482 52,157 236,639 Exponditure on: Raising fvnds Charitable activlties 4,542 233,253 4,542 265,491 3,101 202,738 3,101 227,820 32,238 25,082 Total expandlture 237,795 32.238 270,033 205,839 25,082 230,921 Net Incomol(expendlture) 12,928 (26,195) (13,267) (21,357) 27,075 5,718 Transfers between funds 16,846 (16,846) (5,401) 5,401 Not movement In funds 10 29,774 (43,041) (13,267) (26,758) 32,476 5,718 R•¢onclllatlon of funds: Fund balances at 1 Apn'l 2024 41,155 45,220 86,375 67,913 12,744 80,657 Fund bal•nc•8 at 31 March 2025 70,929 2,179 73,108 41,155 45,220 86.375 The statement of financial activities includes all gains and losses recognised in the year. All income and expendlture derive from continuing activities.
THE MID GALLOWAY COMMUNITY DAY CENTRE FOR OLDER PEOPLE AT NEWTON STEWART BALANCE SHEET AS AT31 MARCH 2025 2025 2024 Notss Fixed assets Tangible assets 14 11,026 12,307 Current as30ts Stocks Debtors Cash at bank and In hand 15 16 500 836 64,844 500 77,734 65,980 78,234 Crndltor•: amounts falllng duo wlthln one year 17 {3,898} {4,166) Net current assets 62,082 74.068 Totsl a••ets less current Ilabllltl•8 73,108 86,375 The funds of the charity Restricted income fijnds Unrestricied funds 19 20 2,179 70,929 45,220 41,155 73,108 86,375 The company Is entitled to the exemption from the audit requirement contained in section 477 of the Companie3 Act 2006, for the year ended 31 March 2025. The directors acknowledge their responsibilities for complying with the requirement3 of the Companies Act 2006 with respect to accounting records and the preparation of financial Statements. The members have not required the company to obtsin an audit of it$ financial Statements for the year in question in aordanCe with section 478. These financigl statements have been prepared in aGGordance wlth the provlslons appllcable to companles subiect to the small companies regime. The finan¢iaS statements Vre approved by the Twstees on Dr J W A MacDonald Trustoo Mr G F Moore Tru•t••
THE MID GALLOWAY COMMUNITY DAY CENTRE FOR OLDER PEOPLE AT NEwfoN STEWART NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollclos Charfty Informatlon The Mid Galloway Community Day Centre For Older People at Newton St•wart is a prlvate company Ilm6ted by guarantee incorporated in Scotland. 1.1 Basls of preparatlon The financial statements have been prepared in accordance with the charity's governing document, Ihe Companies Act 2006 the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance wtth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021" The charity is a Public Benefit Entity as defined by FRS 102. The Charity has taken advantage of the provisions In the SORP for charltles nol to prepare a statwnent of cash flows. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amount? in these finanGial ¥tatements are rounded to the nearest £. The finanelal jtatements have been prepared under the historical cost convention. The principal accounting policies adopted ar8 set out below. 1.2 Golng eonc•rn At the time of approving the financial statements. the Trustees have a reasonable expectation that th• charity has adequate resources to conlinue in operational existence for the foreseeable future. Thus the TrLk8tees continue to adopt the going concern basis of accounting in preparing the financial ststements. 1.3 Charltable fund$ Unrestricted funds are avallable for us• at the di8crets.on of th• Tru$t•ei in furtherance of their charitable oblectives. Designated funds comprise funds which have been set aside at the dlscretion of the Trustees for specific purposes. The purposes and uses of the designated funds are Set out in the notes to the financial statements. Restricted funds are subject to specific conditions by donors or grantor$ as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditlons by donors that the capital must be maintained by the charity. 1.4 Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unles3 performance Conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant Is recognised at the time of the donation. Legacies are reco9nlsed on receipt or olherwise if the charity has been notified of an impending distribution. the amount is known, and receipt is exgect8d. If the amount is not known. the legacy is treatèd as a contingent asset.
THE MID GALLOWAY COMMUNITY DAY CENTRE FOR OLDER PEOPLE AT NEWTON STEWART NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollclos (Contlnuod) Tumover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of busine8$, gross of discounts, VAT and other sales related taxes. 1.5 Expondlture Resources expended are included in the Statement of Financial Activities on an accruals basis, inclusive of any VAT whlch cannot be recovered. 1.6 Tanglblo flxed assot• Tangible fixed assets are initlally measured at cost and subsequently measured at cost or valuation, net of depreclatlon and any impaimient1088e8, Depreciation is recognised so as to write off the cost or valuatlon of assets l•ss their residual value8 over their useful lives on the following bases.. Equipment Motor v•hi¢le8 200A on reducing balance 20% on reducing balanc8 The galn or loss arlsing on the di$po8al of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and18 r8co9ni$ed in the statement of financial activities. 1.7 Impalm7ont of flxed assets At each reporting end date, the charity vIewS the carrying amounts of its tangible assets to determlne whether there is any Indicatlon that those assets have suffered an Impalnnent loss. If any such indkation exists, the recoverable amount of the asset is estimated in order to detemiine the •xtent of the impairment 108s (if any), 1.8 Stock8 Stock8 are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and. where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to th•ir present location and condition. Items held for distribution at no or nominal consideration aro mèasured the lower of replacement cost and cost. Net reallsable value is the estimated selling price le88 all estimated costs of Gompletion and co8t3 to be incurred in marketing, $elling and distribution. 1.9 Cash and Cash equlval•nt• Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdraft5. Bank overdrafts are 8hovm within borrowings in current liabilities. 1.10 Financlal Instruments The charity has elected to apply the provlsions of Sectlon 11 '8asic Financial Instrument$, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes paty to the contractual provisions of Ihe instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
THE MID GALLOWAY COMMUNITY DAY CENTRE FOR OLDER PEOPLE AT NEwfoN STEWART NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcies (Contlnuod) Baslc flnancial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carrled at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future recelpts discounted at a markel rate of interest. Flnancial assets lassified as receivable within one year are not amortised. Baslc flnanelal Ilabilitles Basic financial liabilities, including trade and other payables, are initially recogni$ed at transactlon price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interejt. Debt instruments are subsequently Garried at amortised Gost, using the effective interest rate method. Trade payables are obligatlons to pay for goods or services that have been acqulred In the ordinary cour8e of operations from suppliers. Accounts payable are classified as current liabilitie8 if payment is due within one year or les8. If not, they are prejented as non-Gurrent liabilitie8. Trade payables are recogni8ed Initially at transaction price and subsequently measured at amortised cost uslng the effedve interest method. Derecognltlon of flnanclal Ilabllltle8 Financial liabilities are derecognised when the charity's Gontractual obligatiC+ns expire or are discharged or cancelled. 1.11 Employgo beneflts The cost of any unused holiday entitlement is recogni8ed in the period in whlch the employee's services are received. Termination benefits are recognised immediately as an expense when the charlty is demonstrably commltted to terminate the employment of an employee or to provide temination benefits. 1.12 Retlrement beneflts Payments to defined contribution retirement benefit schemes ar• charged as an expense as they fall due. rltlcal accounllng e8tlmat•s and Judgem•nts In the application of the charity's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carying amount 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 estimates and underlylng assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects (lY that period, or in the period of the revision and future periods where the revision affects both Current and future periods.
THE MID GALLOWAY COMMUNITY DAY CENTRE FOR OLDER PEOPLE AT NEWTON STEWART NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from donation8 and1ogael•s Unr•strlctsd Re•trlctsd fund• funds 2025 2025 ToLIl Unr••trlctsd R•strlcted fund• funds 2024 2024 Total 2025 2024 Donations and gifts Grants Membership fees 25,780 45,000 2.580 6,043 31,823 45,000 2,580 4,830 25,000 1,550 6,937 45,220 11,767 70,220 1,550 73,360 6,043 79,403 31,380 52,157 83,537 Donations and glfts General donation8 Bus donations 25,780 25.780 6,043 4,830 4,830 6,937 6,043 8,937 25,780 6,043 31,823 4.830 6,937 11,787 Grants Thlrd Sector D&G Members Trust 45,220 45,220 25,000 4S,000 45,000 25,000 45,000 45,000 25,000 45,220 70,220 Income from charltsbl• actlvltl•8 Unrutrlct•d Unrostrlctsd fund• fund8 2025 2024 Charltable actlvltle8 Meal income Services provided under contract 73,824 85,947 58,801 80,144 169,771 138,945 10-
THE MID GALLOWAY COMMUNITY DAY CENTRE FOR OLDER PEOPLE AT NEWTON STEWART NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Incomo from othor tradlng actlvltl Unrn•trlctsd Unrostrfctsd funds funds 2025 2024 Hall lets & sundry fundraising Fetes & raffles 7,806 9,018 1,870 12,191 Other tradlng activities 16,824 14,061 Incoma from Investm•nt• Unr••trlctod Unrestrlcted funds fund8 2025 2024 Interest receivabl• 768 96 Expondlturn on ralslng fund• Unro¥trlct•d Unrestrlctsd funds funds 2026 2024 Fundrnlslng and publlclty Other fundraising costs 4,542 3,101 11
THE MID GALLOWAY COMMUNITY DAY CENTRE FOR OLDER PEOPLE AT NEWTON STEWART NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expendlture on charftable actlvltlos Runnlng of Runnlng of tho Day the Day Centro Contro 2025 2024 Dlroct costs Staff costs Staff Training Food purchases Rates and water Heat & light InsuranGe Repairs & renewals Transport & travelling Entertainment 122,211 97,293 1,164 34,950 474 14,444 3,914 6,928 11,000 138 38,922 9,936 3,925 7,852 14,779 197,625 170,305 Sharg of support and gov•rnnc• co•t• (••• not• 9) Support Govemance 62,976 4,890 53,306 4,209 265,491 227,820 Analysls by fund Unrestricted fvnds Restrlcled funds 233,253 32,238 202,738 25,082 265,491 227,820 Support cos• alloe•*•d to •cllvltl•• Runnlng of the Day Centro 2025 Total 2024 Staff costs Depreciation Telephone Post, stat & advert. Sundry Bank charges Governance 51,720 2,757 1.264 2,482 3,900 853 4,890 43,216 3,078 1,073 2,865 2,421 653 4,209 67,866 57,515 12-
THE MID GALLOWAY COMMUNITY DAY CENTRE FOR OLDER PEOPLE AT NEWTON STEWART NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs allocated to actlvltlos (Contlnued) 2025 2024 Governance costs Gomprlse: Accountsncy Legal and professional 2,532 2,358 1,956 2,253 4,890 4,209 10 Not mov•mont In funds 2025 2024 The net movement in funds is stated after chargingllcredFtlngl'. Fees payable for the independent examination of the charlty's financlal statements Depreciation of owned tangible fixed a88et8 2,532 2,757 1,956 3,078 11 Trusts•• Non• of the Trustee$ {or any per8on• connected with them) recelved any remuneration or beneffts from the charity during the year, None of the Trustees had any expenses reimbursed during the year, nor the previous year. 12 Employ••• The average monthly number of èmployèes during the year was,. 2026 Numbor 2024 Number Care provision Employment costs 2025 2024 Wages and salaries Other pension costs 165,570 8,361 134,588 5,921 173,931 140,509 There were no employees whose annual remuneration was more than £60,000. Remuneration of key managoment personn•l 13-
THE MID GALLOWAY COMMUNITY DAY CENTRE FOR OLDER PEOPLE AT NEWTON STEWART NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Employ•os (Contlnuod) The charlty considers that its key management personnel comprise of the trustees and the Centre Manager. The total employment benefits including employers National Insurance and employer pension Gontributions of the key personnel were £39.949 (2024.. £37,883). 13 Taxatlon The charity is exempt from tsxation on its activities because all its in¢ome13 applied for charitable purposes. 14 Tanglble fixed assots equlwn•nl Motor v•hlcl Total Cost At 1 April 2024 Additlons 8,971 1,478 38,906 47,877 1,476 At 31 March 2025 10,447 38,906 49,353 Depreclatlon and Impalmiont At 1 April 2024 DepreGiatlon charged in the year 6,114 867 29,456 1,890 35,570 2,757 At 31 March 2025 6,981 31,348 38,327 Carrylng amount At 31 March 2025 3,466 7,560 11,026 At 31 March 2024 2,857 9,450 12,307 15 Stock8 2025 2024 Raw materials and consumables 500 500 16 Debtors 2025 2024 Amounts falllng du• wlthln on• year: Trade debtors 836 14-
THE MID GALLOWAY COMMUNITY DAY CENTRE FOR OLDER PEOPLE AT NEWTON STEWART NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Creditors: amount8 falllng duo wlthln one year 2025 2024 Other taxation and social security Other creditors Accruals and deferred income 1,552 696 1.650 2,013 713 1 ,440 3,898 4,166 18 Rotlrnmont benofit schomo 2025 2024 Definod contrlbutlon •chomo8 Charge to proflt or loss In respect of deflned contribution schemes 8,361 5,921 The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the Scheme are held separately from thos8 of the charity in an independently administered fvnd. 19 Rostrictsd fund8 The restrfcted funds of the charlty comprise the unexpended balances of donations and grants held on trust subject to Specific conditions by donors as to how they may be used. At 1 Aprfl 2024 Incomlng R•sourc•• re•ourc•s exp•nd•d Transfer¥ At 31 March 2025 Transport Costs Mental Health & Wellbeing Fund Riverside Project 6,043 (2,340> (3,703) 27,835 17.585 127,471) (2.427) 164 2.015 (13,143) 45,220 6,043 {32,238) 116,846) 2,179 Pr8vlous year: At 1 Aprll 2023 Incomlng r••ourGo• R••ourcoS •xp•nd•d Trnnforn At 31 March 2024 Benefit of Older People Fund Transport Costs Mental Health & Wellbeing Fund Riverside Project Bus Fund 11,968 (11,968) (12,338) 6,937 5,401 27,635 17,585 27,635 17,585 776 <776) 12,744 52,157 (25.082) 5,401 45,220 15-
THE MID GALLOWAY COMMUNITY DAY CENTRE FOR OLDER PEOPLE AT NEWTON STEWART NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 19 Rostrlctgd funds (Contlnued) Centre users and other donors provide funding towards transport costs. This fund generally runs at a defi¢lt, with the Trustees using unrestricted funds to ensure that a long term deficit is not built up. Funding was tovmrds employment CO8ts of the Volunteer Outreach Worker for 1 year period, To deliver the refurbishment of the Riverside Day Centre. The transfer relates to fund spendlng which relates to the 2024 year. 20 Unrestrfct•d funds The unrestricted fund$ of the Charlty comprise the unexpended balances of donations and grants whlch are not subject to specific conditions by donors and grantors a8 to how they may be used. These include designated funds whlch have been set aside out of unrestricted fund8 by the trustees for specific purposej. At 1 Aprfl Tran•ler* At 31 March 2024 2025 Incomlng r•$ourc•i Rosourc•• expond•d Redundancy provi3ion General fund8 29,649 11,506 7,351 9,495 37,000 33,929 250,723 {237,795) 41,155 250,723 {237,795) 16,846 70.929 ProvIou¥ yoar: At 1 Aprll 2023 Incoming r••our¢os Ro•ourc•s exp•ndod Tr•n•f•r• At 31 March 2024 Redundancy provision Gèneral funds 27,421 40,492 2,228 (7,629) 29,649 11,506 184,482 (205,839) 67,913 184,482 (205,839) (5,401) 41,155 Previously the directors set up a designated fund to allow for any possible redundancy costs. The dlrectors cuffently believe the possibility of having to make redundancies 18 remote. 16-
THE MID GALLOWAY COMMUNITY DAY CENTRE FOR OLDER PEOPLE AT NEwfoN STEWART NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 21 Analy818 ol net assets between funds Unr•strlct•d funds 2025 R••trlctsd funds 2025 Total 2025 At 31 March 2025: Tangible assets Current assetsl(liabllities) 11.026 59.903 11,028 62,082 2,179 70,929 2,179 73,108 Unrnstrlctsd funds 2024 R•strlctsd funds 2024 Totsl 2024 At 31 March 2024: Tanglble assets Current assetsl{liabilities) 12,307 28,848 12,307 74,088 45,220 41,155 45,220 86,375 22 Related party tran8actlon• The company Is under the control of the dlrectors. The Riverside Day Centre Members Trust was previously set up by the users of the day centre to fund the interests and activities of the members of the day Centre. The funds of the Trust are not under the control of the directors of the company, and are therefore not included wilhin these financial statements. During the year the charity received a cash donation of £45,000 from The Riverside Day Centre Members Trust. The Trust has committèd to financial support th• charity until at leaèt D•c•mb•r 2026.