CHARrrY REGISTRATION NUMBER: SC021857 Dingwall Community Centre Unaudited Financial Statements For the year ended 31 March 2023
Dingwall Community Centra Financial SLatsments Year ond•d 31 March 2023 Page Trustees, annual report Independent examine¢s report to the trustees Statement of financial aclivities Statement of financial position Notes to the financial statements The following pages do not forni part of the financial stalements Detailed statement of financial activities 14
Dingwall Community Centre Trustees. Annual Report Year ended 31 March 2023 Th8 Iruslees presenl their r8PCKt arKJ the unaudrteAJ finanal statements of the charity for the year ended 31 March 2023. Roference and administrative detai18 Registered charity name Dingwal Community Centre Charfty reglstration nurnber SC021&57 Piln¢ipal office Old Academy BuildirvJs TulloGh Street DiNgwall Ross-shire Th• Irustoas Ind•p•ndent examiner Slructure. governance and managwnwrt The Centre is a charitable nIorr)rated asSociatn aThJ administration arrarv3emenls are as Set <wJt in our ConslitLrtion (latest verSn athyted 11 December 2012). The Charitys trustees are appointed al the AGM from the memtws of the Community Cenlre, i.e members of the community andlor nominBes from user groups of the Communty Cenlre. Objectives and activities Dingwall Community Centre is a non-profit makiThJ ganiSabOn and is regIsted as Scollish Charity SC021857 and this is governed by OSCR. Thè charitable objectNes of the Centre are lo provNJe rel to those in red and to promote the advancement of community developfflent. citizertship and edLKalion thgh the provision of social and recreational facilib'es, without distinction of politul relyious opinion5 for the benefit of ihe community.
Dingwall Community Centre Trustees. Annual Report l¢ontinu• Year ènded 31 March 2023 hlevements and perforrnance For most of the year Ihe Community Centre's Corfjrdinator was wIN) very abty rnanaged all the Community Cenlre's business. However she resigned from the at the end of February 2023. Interviews for a nev4 C(H)rdinator were durirkg February. The Cwdinalorfs post remained vacant until 1st April 2023 when a new C(rdinal0r vras appointed. The volunteer Trustees, and did very effective work to keep the Cofflmunty Centre runnirNJ during February and MarCh.ntinueS to supp(xt the new co.0rdlnats. Starting in November 2021 we look on a TraIe C04)rdinalor. which was enabled by a HigNand Council employment scheme called HERO. The HERO scheme iwluded a grant which was from a fund managed by the Highland Council to cover a FXOPNtN)n of the eMrAOnent costs. Before we decided lo participate in Ihe HERO scheme it was fully apwecialed by the Board that there would be a significant cost to the Community cent -bul the wtenbal t11$ for the individual employed and meeting Ihe aims of Communty Centre would be of great advantage. The scheme provided a person with training and development but had m¢)dest benefrts for the Community Centre. Indeed a visit by the HERO managers in May 2022 went successfully and Ihey were very satisfd by Ihe Irainiry and beIts we were prowdiw the trainee. The Trainee Ctrordinaiix employed through the HERO scheme abrupuy resigned - early- on 30th September 2022 to attend college. During the Sumrner of 2022 our c(pordInat and Trai[ Co-ordinal(K ¢(lInued to improve some of the inleri)r decoration. Major de31 improvements were made to the e[Itrae hall. the comF4ete slairwell and the Games R(MJm. The outsvje appn of the tyJilding was much eNhance(I by smartening up the errtranGe awKI the insia#alion of wirKlow ix)xes. The Community Centre provideij a dedicated wami space through1 the Autumn and Winter starting from October 2022 until March 2023. We wovided refreshments. use of the free Wi-Fi and access to a laptop that has been éonaled to us. for anyone Ihat needed IL Other contributors IrlUding the Cofflmunity Fridge- provided a lunch pathpants of Ihe warm spxe during some of this period. Unfortunately some of the Communty Centre's users actNitks wrfinue to be disrupted and ¢urtaled from a conlinuing infiuence of the CovhJ downlum. sin Ihe Summer of 2022 rt appears to us that the finances of a lol of our users seem 10 have ccrfne ufKler pressure. resulting in a downturn of room bookings. Having said that the Communrty Centre continues to be reasonatly IsY and our usage involves a good number of groups and 1ndwUaIs. We continue to supp(Kt our nehbOUr - th8 Dingwall Commuw FrKlg8 and we hav8 made some donations lo various otW chankn"8S thr(xJglMxrt the year.
Dingwall Community Centre Trustees, Annual Report(contin1) Year ended 31 March 2023 Flnanclal revièw As a consequeTKe of our train c[dirtOr leawrvJ eaty - a Signifnt part of the HERO grant whh was Pahj lo the Communty Centre in retrospective blod( panents was substantially feduced. This was because the training Per just missed the required 52 week threskKld. The anticipated cost of the trainee to the Community Centse YEre Ihereby increas8d. appropriate costs of the decallonS to the Communty Centre to preserv8 its got>J standard were boine by the Community Cenlre. Unfortunately. as explained at)ve - some of the Comfflunity ctre.$ users activities continue to be disrupted and curtailed with a downtum in bookings. 11 was FK)ped that the usual quiet summer holiday period at the Communty Centre would be folbwed by a nom)ally busier winier period but in the event this did not transpire. We have had a signrficantly few l¢Mg-term LKrf)k1n - groups and users vtho are no longer returning or have dced their twX)kin9s This is due to changes In their fUtIng receiv& or increase in their running Gosts or siwnply irfflation and Spd1j kss ihus making some groups and classes non- viable. As a resull the rentsl in13)me this yeaf has decreased lo a level near lo that of 10 years ago. Overall. there is consequendy a matenal reducb.on in th8 Community Cenlre's finances. Plans for future p•rlods Twe has been a recent change of wr C(pdinatOr arml there wll be s¢)me savings in costs. We will make extra efforts to boost our IrQme - as our rtIJ$1aM to serve and enhance the Community Cenlre's benefrts a strong. We intend to m£e (sely monitor cwr costs. Some building repairs and improvements are sm n8ed8d. The wndows and loilels need to be refurbished. We conlime to keep up and imrove the intema <Jecoration which contributes a lol lo the nice feeling of the Centre. We o)ntinue lo explore the possilxlrties of easier access to our upstairs fllitieS. The trustees, anwal repct was approved on 19 May 2023 and on b&haf of the board of trustees by"
Dingwall Community Centre Independent Examiner's Report to the Trustees of Dingwall Community Centre Year ended 31 March 2023 I report to the Iruslees on my examinatK)n of the financial stslements of Dingwall Community Centre ('the chariw) fcK ihe year ended 31 March 2023. Re8ponsibiliti•8 and basis of report As the trustees crf the charity are respor6iNe Ihe weparw)n of the financial statements in accordance with the reqU1mentS of the Charities ath1 Trustee Investment (Scotlandl Act 2005 {Ihe .2005 Acl'} and the Charities Ac¢ounts Iscotland) Regulations 2006 (as amended). You are sat15fied that your charity is not required by charity law to drted ar¥J have ch05eN instead to have an fjndendent examination. I report in respect of my examination of tho chlS financial stslemenls as carried out under section 44(1)Icl of Ihe 2005 Act. In Carng i)ul my examinalion I have folkxved the requirements of Regulation 11 of the Charitie5 Ac£oun15 {ScoUandl RegulalM)ns 2006 las amended). Ind8pondent examiner's statomont Since Ihe charity hag prepared its acctyjnts on an accrvals basis your examiner must be a member of a body listed in RegLallOn 1112) of the charit Accwnts IS(x)Ilarl Regulations 200613s atnendedl. I can confirm that l am qualified to undertake the examinaton t)e¢ause l am a registered member of the Association of Chartered certrf Ac¢ountanl$ is ort of the listed bodies. I have completed my examinats'on. I confim) that no matters have come lo my attent gNing me cause lo belbeve that in any materol respect.. accounting record5 were not kepl as required by section 44(1llal of the 2005 A¢t and Regulation 4 of the Charities Accwnts Iscouandl Regulations 2006 las ameed). or the finawial statements do not ar£ord with those records." or the financial statements do mt comply ryth the anting requTements of Regulation 8 of the Charitie5 AGcounls (Scotland) Regulatws 2006 las amermjedl. I have no cowems and have c¢)me s$ rK) other matters in connection with Ihe examination to wn in thk8 report in order to enable a proper understanding of the
Dingwall Community Centre Statement of Financial Activities Year ended 31 March 2023 2023 Unrestri¢led funds Total funds Total fund5 2022 Income and endowm8nts Donations and legaaes Other trading aGlivit Investment income 1,223 24,995 1.223 24.995 1,500 24,877 Total incomo 26.302 26.302 26.381 Expenditure Expen<Jilure on raising funds.. Costs of raising donations and leg8Ci8S ExpeThJilure on charitable aGtivtties Total expenditure 35.892 35,892 27,423 36.572 36.572 28,023 Net expendlture and net movement in funds (10,270) (10,2701 11.642) Re¢on¢iliation of funds Total funds brought forward Total funds carried forward 53.253 54.895 42,983 42,983 53,253 The statement of financial acllvilies includes all gains and losses recognised in year. l income 2nd expenditure derive from continuing aCtIties. Th• n(kns on pagfts 7 to 12 form pwl of these ffinanc4al stat•m•nts.
Dingwall Community Centre Statement of Financial Position 31 March 2023 2023 2022 Fixed assets Tangle fixed assets 14 435 580 Current assgts Debtors Cash al bank and in hand 15 2,837 47,679 50.516 2,306 56,761 59.067 Creditors: amounts falling du• within ono year Nel Current assots 16 6.394 42,548 42.983 52,673 53,253 Total assgts IS currnnt liabilities Funds of the chwity Unrestricted funds 42,983 42.983 53.253 Total charity funds 18 53.253 These financial statemerrts we approved by the LK)ard of truslees and aullv)rise(I for issue on 19 May 2023, are signed on behalf of the bowd by. The notes on pages 7 to 12 form pwt ol these fin4¥x¥al stknments.
Dingwall Community Centre Noles to the Financial Statements Year ended 31 March 2023 General infomiation The charity is a putlic benefil 8fKI a registered charity in Scotland and is unincorporated. The address of the pri1p31 offe is Old A¢a¢Jemy Buikjings. Tulloch Street. Dingwall. IV15 9JZ. Statement of complianc• These financial statements have been eparj in corn1ae Yh FRS 102. Financi81 Reporting Standard aprAi¢able in the UK arKI the Reputlic of Irdand., the Slalemenl of Recommended Practice applicable to charrties preparing the accounts in accordance with the Financial Reporting Standar(l appliczble in Ihe UK and RebI of IreLgnd {FRS 102) (Charities SORP (FRS 1021) and Ihe Charities and Tnjstee Inv8Stm8nt (Scollandl Act 2005 and the Ch¥ty Accounts (Scotlandl Regulatiorts 2006 {as aendj)- Accounting policies Basls of preparatlon The financial stemenls have been pPared on the historical cost basis. as modrfied by the revaluation of certain financ1 assets and liabiltlw atKI investment properts'es measured at fair value through irKome or expditure The finala1 statements are prepared in sterlw. wthich is the fijnctiond currency of entity. Going GonGem There are no maleria uncertainlies about Ihe chantys ability to contsnue. Disclosurè eMptIonS The entity satisfie5 the criteria of being a qualTfying entity a5 defined in FRS 102. As such. advantage has ten tsken of ir* fOlk)"rJ dkthure exemFéions available under paragraph 1.12 of FRS 102.. lal No cash flow statement has been wesenied for the company. (bl Disc105ures in res[1 of financia inslnjmenls have not been pSented. Judgements and key $our¢e5 of estirnalion uncertainty The eparation of the financial ststements r]ulre$ management to make judgements, estimates and assumF.0nS that affect the aMIntS reported. These estimates and judgements are continualty reviewed and are base¢J on expenence and other factws. indu¢Jing eXpeCtatn8 of future events that are bdi8ved to be reaSonae urthr urcurnslan.
Dingwall Community Centre Notes to the Financial Stalements (wnfrnt Year ended 31 March 2023 Accouriting pollcie5 (Ctithinu•dJ Incoming resour¢e8 All incomirvJ resources are included in the statement of financial activities when entitlement has passed lo the charity,. il is wobable that the econ1¢ benefits associated Trmth the transaction wll flow to the charity and the amount can be reliatly mea3urd. The foilowFng specrfic policies ar8 applied to particular categories of inmme: income from th)nations or grsnls is recognised Nthen there ks evKJerw of entillemenl lo th8 gift, receipt is probable and its amount ¢an be measured rellaty. legacy income 15 rwJnised %then Tlpt is wobable and entitlement is established. income ftom donated goods is measured at the fair value of the gcKJds unless this is impracti¢al lo measure relkably. in whh case value is derived from the cost lo the donor or the eslimaled resale value. DCSt&d flIrtIeS and services are re(xhJnised in the accounts when received rf the value can be rdiabfy measured. No am(MJnts are included for the contribution of general v(Aunteers. income from contracts for Ihe supply of sefVI 15 recognised with the ddivery of Ihe ¢onlracted service. This is daSSif as unrestred funds unless there is a contractual requirefflenl for il to be speni on a partlar wrpose arml returr)eé rf unspent, in which case it may be regwded a5 restricted. Re8our exp¢ndod Expenditure is recognised on an accruals basis as a liabilty B incxjrred. Exwdilure includes any VAT which cannot be fully recovered. and Is classrfml urKler headings of th8 slalement of rinancial 8clivilres to leh it relates.. expenditure on raisi funds irKJudes the costs of all fundraising actNities, events. non- charitable trading acb"vilies, and the sale of donated go(yJ5. exper¥Jilure on chltsIe a1vIlS indudes all costs incurred by a charity in undertaking activities Ihat further ils tharitable aims for the beIrrt of its rfICiaries, including those supwt costs and costs relabw lo the governan of the c4wity apportiod to charitable activitie5. olh8r expenditure indudes all expenditure Ihat is nertFw related to rasing funds for the charity nor part of its ext*nditure on Charitab activities. All costs are allocated to experxliture catewries reflecting the use of the resource. Direcl costs altribulable lo a single actNity we allocated direcly to that activity. Shad cY)sls are apportlDned beeen the activities they contribute to on a reasonable. justifjable and consistent basis. Tangible assets Tangible assets are initially recorded at cost. and subwuenty staled al (x>sl less any accumulated depreciakn'on and impawmenl losses. Any tangible assets carried al revalued amounts are recorded al the fair value al the dale of revaluation less any subseouenl accumulated deFwecialion and subsequent acCumulaj wnpaimient1053es.
Dingwall Community Centre Notes to the Financial Slatements (cothinue Year ended 31 March 2023 AGGounting policies { Tanglblo assets (¢ontsnu• An increase in the carw.ng amount of an asset as a resu of a revalvatKJn, is fecognised in other recognised gains and losses, unless it reverses a thage impaimlenl thal has txeviously been recTrJni5ed as expenditure within the statement of financial tIVitieS_ A decrease in the caryng ami)unt of an asset as a resutt ol revaluatM)n, is recognised in other fecognised gains and losses, except to which it offsets any previous revaluation gain. in which case the loss is showr) wthin otfrw recognised gains an(J losses on the statement of fInatal actNilies. Depreciation Depreciation is calwlated so as to te off the c05t or valuaty)n of an asset, less rts residual value. over the useful economic lrfe of that asset as folk)sys". FtureS and fingS otrica equipment 33Yo straight line 25% straight lir Donatlons and legacles Urnestricted Total Funds Unresthcted Total Funds Funds 2023 Funds 2022 DOrlonS Donations Receive 1.223 Grants Highland Counul - HERO Scheme 1.5(K) 1,500 1.500 1,223 1.223 Other tradlng activltles UnrestrKled Total Fund8 Uryestricled Total Funds FuiKIs 2023 FurKIs 2022 Fundraising events Photocopying Lets 20 40 24.817 28 24.7 24.9S7 24.817 24,995 24,995 24.877 24.877 Investment Incom6 Unrestricted T*Xal Funds Unrestricted Tota Funds FurMIs 2023 Funds 2022 Bank interest receivable
Dingwall Community Centre Notes to the Financial Ststements (continu•rf) Year ended 31 March 2Q23 Costs ol raising donations and legacies Unrestrrted T<rtal Funds Unrestricted Tol4 Funds Funds 2023 Funds 2022 Communty Centre 35.892 35.892 27.423 27.423 Expondituro on ¢hari&4)It activities by fund type unrestr&1 Tial Funds UNrestn"cted Total Funds Funds 2023 Funds 2022 Support costs 600 600 Expanditurn on charitable activiti8s by a¢tlvity typo Total funds 2023 Tota fund 2022 Supkmxl ¢osls Govemance costs 600 10. Net experKlhure Nei expenditure is ststed after chargirW(¢reditsffj}: 2023 2022 DepreCiatn of tangle fixed assets Fees payable for the audrt of the financia stthments 145 1.317 600 11. Independent etsmination féès 2023 2022 Fees payable to the independent examiner for: Indepervjent examination of the fIrn¢la1 statements 600 12. Staff ¢osts The total staff cos ar ernpl benefr(s for the reporting period are analysed as fc4lows: 2023 2022 Wages and salaries Employer cOntritiOnS to pensKJn plans Other employee bel5 25.sgs 17.576 605 500 200 27.236 18,681 The average head count of emOyeeS during the year Was 2 (2022.. 21. No etnployEe received ernOyee beneffts of more than £60.000 during the (2022.. Nill. -10-
Dingwall Community Centre Notes to the Financial Statements (rontsnu Year ended 31 March 2023 13. Trustee remuneration and expenses No remuneration or other benefits from em0ment the charity Dr a related entity were received by the trustees_ 14. Tangible flxed assrts Fixiures aThJ fftiirvJs Equipment Total Cost At 1 Aprll 2022 and 31 March 2023 Depreciation Al 1 April 2022 Charge for the year At 31 March 2023 9.654 1.996 11,650 9.654 1,416 145 11,070 145 9,654 1,561 11.215 Carrying amount At 31 March 2023 435 435 At 31 Mer¢h 2022 580 15. Debtors 2023 2022 Trade debtors 2.837 2.306 1& Creditors: amounts falling due within one y 2023 2022 Trade creditors 7,968 6,394 17. Pènsions and other post rrtiromont bonefits D•fln•d contrlbutlon plans The amount recognised in income or expenditure as an expense in relation lo defined contribution an$ was £1.441 (2022: £605}. 11
Dingwall Community Centre Notes to the Financial Statements (Gontinue Year ended 31 March 2023 18. Analysis of Charitable funds UnrestriGted funds At 1 April 2022 31 March 202 IroMe Expenditufe General funds 53,253 26,302 136,572) 42.983 Al 31 March 202 Al 1 April 2021 Incx)me Expendilvre General funds 54.895 26,381 128,0231 53.253 19. Analysls of net a6sets betw•en funds Unrestricted Total Fund8 Funds 2023 Tangible fixed assets Current assets Creditors less than 1 year Not ass&ts 435 50,517 (7,9691 42,983 435 50.517 17,969) 42,983 Unrestricted Total Funds FurKIs 2022 Tan9ible fixed assets Current assets Cfedilors less than 1 ye Net a88et8 580 59,067 16,3941 53,253 59.067 {6.394) 53,253 -12-
Dingwall Community Centre Management Inforniation Year ended 31 March 2023 The folloY•lng pages do not forni part of the finandal st*•m•nts. -13-
Dingwall Community Centre Detailed Statement of Firwncial Activities Year ended 31 Mar¢h 2023 2023 2022 Incom• and ondtswments Donations and legacies Donations Received Highland Council - HERO Scheme 1.223 1,500 1,223 1,500 Othèr trading activit1•$ Fundraising events Pholocopwng Lets 20 40 24,817 24,967 24,995 24.877 Investmont incom Bank Inte1 recèivable 84 Totsl incomé 26.302 26,381 Expenditure Costs of raising donations and lega¢lo8 Wages arKJ salaries Pension costs Honorarium Light and heat Repairs ané maintenan Insurance 25,595 17,576 605 500 327 1,384 188 200 1.741 2.258 F li Other molorllravel costs Leg21 and professional fees Telephone Oiher office c05ts Depreck31ion Equitmnenl Donatn$ Training Bad dabts 52 250 2,089 145 410 325 270 2,595 1,317 659 230 707 167 35.892 27.423 Exp•nditure on charitable activities Legal and professional fees Total expondlttsrè 36,572 28,023 Net expenditure {10370) (1,642) -14-