The Wayside Club Centre CharityReg. No SC021137 Report and Financial Statements For The Period 1st November 2023 to 31 st October 2024 Report of the Tru81ees of the Wayside Club Centre For the Period Isl Nov¢mb¢r 2023 to 31$1 October 2024 The Trustee5 who present their report along with the financial statements of the charity for the period cnded 31 October 2024. The financial statements have been prepared on the accounting policies set out in note I to the financial statements. Legal and Administrative Information The Wayside Club is r¢ElStered at 32 Midland Street Glasgow.It was forned in 1932 as an unincorporated body governed by its adopted constitution. The Club is a charity recogni5ed in Scotland No. SC021137. 'fhe charity has a gross income of less Ihan £250,000 pcr annum and so have prepared their accounts on & receipts and payments basis. These accounts are then 5ubjcct to the scrutiny of an Independent Examiner. Services The Centre's main objective is to provide a warni friendly ar.d convivial drop in facility for all those in need who wish to use the services of the Centre. These services nomlally includc: . Practical Help Advice and Advocacy Free Food Bus Trips And Outings Spiritual help Organisational Structure During the year the charity was staffed entirely by volunteers who received no Temuneration. During the period up to 90 people were fed from Midland Street on a nightly basis, splii between those entering the club and those being fed on a takeaway basis. Independent Ex2mination The Trustees appointed during the period to carry out an Independent Fxamination of the financial statements. The Independent Examiner took no fee for this service. Report of the Trustees of the Wayside Club Centre For thc Pcriod 151 November 2023 to 31st October 2024 CTrntinucd Oversight of all matters relating to the Centre lay wtth the Trustees as representatives of Our I.ady of the Wa)'side Presidium of the Legion of Marv. Finane¢ and Funding The Charity's funding came prirnarily from the following sources.. Donations- Individuals Churches Other Organisations Legacies & Trusts The Wayside Club Centre is entirely dependant on donations and receives no statutory funding. Financial results and future activities Sin¢¢ ISI November 2010 the Wayside Club Centre has been wholly reliant on donations. It receives no government money. Through prudent fin8J]cial management and despile a di'op in donations the Club managed io almost break even in thc year, showing only a slight deficit of £4154.We remain the only Lharity for homeless and hostel dw'elling individuals in Glasgow City Centre that is open 365 days per year.we arc particularly gratcful ,for their continued supporL to a benefactor who donated in excess of £20,000 to the Club but wishes to rema1n anonvmous. We are also thaTrkful for the substantial legacies ol- in peace. A major thanks goes to the Celtic Foundation who have supported the Club over a number of years. The Trustees are confident that continued careful financial administration will allow The Wayside Club Ccntr¢ to operate at Current Se￿Ie¢ levels foT the foreseeable future. Risk Management Th¢ Tru5tces actively rcviw thc major tasks, which the charits, faces on a regular basis and believe thdi maintaining fund5 at a satisfactory level combined with spending controls will provide adequate resources in the event of adverse conditions. Othcrwisc the Trustees have examined the operational risks within the Wayside premises a￿d are batisfied that they have cstabli5hed systerns to mitigate significant risks. Report of the Truslee5 of the Wayside Club Centre For ihe Period 1st November 2023 to 31$1 Octobcr 2024 C(bntinued Trustee5 Th¢ Trustees meet four timcs a ycar to consider the management and financial position of the Charyty. All Tn]stees undergo induction procedures to enable them to carry out their duties. The Truslees arc Trustees Remuneration and Expenses Neither remuneration nor expenses were paid to Trustees during the ￿riod. Statement of Trustees Commiltec's Responsibiliti¢$ Charity law requires the Management Committee to prepare financial statements for each fLnancial period which givc a truc and fair vi¢w of the state of affairs of the charity at the ye0r end and of its incoming resources and resoutces expendcd during that year. In preparingF those financial statements, the Management Comtnitlce is Tequircd to= Selecl suitable accounting policies and then apply them consistently Make judgerncnts and estimales that are reasonable and prudent State whether applicable accounting sthndards and statements of recommended practice have been followed subj¢ct lo any departUT¢S and explained in the financial statements; and Prepare the financial statements on the going concern basis unless it is inappropriate to prcsumc that the charity will Continue in operation. The Management Committee are responsible for keeping proper accounting Tecords which disclosc ￿'1th reasonable accuracy at any tirne ihe financial position of the Lharkty and ellable thetn to ensure Ihat the financial statcments comply with the Charities and Trustec Inveslment (Scotland) Act 2005 and the Ch&rities Accounts (Scotland) Regulations 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevenlion and detection of fraud and other i￿egUlar1tie5. Report of the Trustees of the Wayside Club Centre For the Period 1st November 2023 to 31st October 2024 Continued ri)i'Éd b5. 111.. FvTLIIILlgilTie.iil Ci)ii)iiiiltee and signed on their behalf by.. Date. Ststemeht of Re¢elpts and Payments For The Year Ended 318t Octobor 2024 RoB•l Total 2024 Tot81 2023 oftaiions Ph¥ate Indlvldua15 &Organ1581ion$ Parlshes Schoo GrftAid & CharityAid 108561 9185 1611 1362e4 11856 150 5419 34944 1963 Legacies & Trust Income 87785 159739 219019 ToialRecei05 Giocerles Heating& tighting Cleanin Telephone5 Aepair5 & RÈnthvais Fund Ralsin8ActMue5 Travel & Mini Bus PiofessloDal Fee5 Misc. 102181 6231 24924 3044 6L233 12670 2J259 47SO 4267 3509 817 145 2147 3206 3010 10177 Total Payments 163694 122677 DelicitlSurplu5 Foryear 4L5d ndi R•concllllatlon Toral 2024 2023 Openin8C2$heaiance SurplLtsI IDeficttl 692354 .4154 012 Cash Ai Sank 3111012024 688200 692354 Represeniets by Account No Account No Account No Waysldeclub Day Cenrre W3ysldeClub 205049 43882 439268 214623 43882 888200 692355 Oth•r A88 25¥143 2b3742 Minibu5 Kitchen Equipment 2558 3410 14 2783 350 FixtUTes & Fittings 2087 262 2862 279 281291 ccni Sysieffl 3150 372 263B22 ro'led B thc Mara JeThtnr Committeeand signed on Ihelr behaiity Dale Notes To The Accounts - For The Year Ended 31st Octobgr 2024 1. Basis of Accounting These accounts have been prepared on the Receipt5 & Payments basis in accordance with the Charities & Trustee Investment {Scot￿nd) Act 2005 and the Charitie5 Accounts (Scotlandl Regulatlons 2006 as amended. 2. Nature and Purpose of Fund5 All funds are unrestricted are used at the discretion of the trustees in furtherance of the objectives of the charity. No trustees or volunteer5 receive any remuneration c>r expenses for their work. The charity receives no public money an(J all donations are spent in furtherance of the the objectives of the charity. 3. The Marie Trust On the 1st November 2010 The Wayside Day Centre separated from the Wayside Club Cerstre and became a charitable company, limited by guarantee, in its own right. The new company is known as The Marie Trust. All funds relating to the Marie Trust were transferred as at Isi November 2010. There are no transactions with Ihe Marie Trust in the period. 4.Contingent Liablllty Under the terms ol seperating the activities, The Waysi(Je Club Centre has a contingent liability to meet any future redundancy costs of the employees of the Wayside Club Centre, transferred to the Marle Trust. for the period theywere employees of the centre. The trustees estimate that the contingent liability at 31st October 2024 was approximately É10,300 5. Other Assets An estimate has been used to value the assets. No third-party Tevalualion of 32 Midland Street has been sought. 6. Fundraising Activities The charity undertook no fundrai51ng activities or incurred no associated expenses within the year tndependeiil Examiner's Rewrt For Thc Yw" Lnded 31, October 2024 Independent b.xaminer's Report to the Trustees of The Wayside Club Centre Registered Charity No SC021137 report on ihe fil1￿cIal siateinents on the above chatity for the year ended 3 Isi OctoEv 2Q24 These ￿c￿lint5 are set out on Pagcs I to 7. Respectivc Responsibilities Of Trusttcs and Ei xaminer The charity's trustees arc rLsponsible for the preparation of the accounts in accordanc¢ with thc tenns of the Chariiies and Trustee Investment (Scotland) Act 2005 ('Ihe 2005 Act,? and the Ch￿itIeS Accounts (Scotland) Regulations 2006 amended) ('Ihe 2006 Regulalions').The charity'5 ttubtces consider that the audit requirement of the Regulation l O(l)(d) of the 211)6 Regulaiions does not apply given thc Icvel of income that thc charil) is in receipt of. It is my tt%ponsibility to examine the accounts as required under secLion (44XI)C of the 2005 Act and to siatc whether particuiiw mallers have come to my aitention. Basis of Independent Examiner's St&tement My cxamination is carried out in accordancc with Regulation I l of1he 2006 Regulations. An examinaiion include5 a Teview of the accountiiig r¢coids kept b}, thc charity and a comparison of the aL'Lounis preseiiled with those records. It ajso includes consideraLion af any unusual items or disclosurcs in the accounts and sceks explanations from the tsustees concemiDg any such matteL3. The procedures undertsken do nol providc all the evidence that would Ix required in an audit and, consequently, I do not express an audit opinion on the view giveD bv the accounts. Independent Examiner's Statement In connectiun wilh my examination. no matter has come to my attention '. . which gives me reasonablc uuse to believe that. in any rnateri￿ respect. the requirements'.- to keep accounting recoTds in accordance with section 44 (1)(a) of the 2￿5 Act and Regulalion 4 ofthc 2006 Re8uldlions, and to prepare accouDL8 which accord w(th the accounting records comply with Regulation 9 of the 2006 Regulations have not been met, or 2. to whicli, in iny opinion, attention should be draiNn in order to erAble a proper understanding of the ac£ounl8 to be reached