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2025-03-31-accounts

REGISTERED CHARITY NUMBER: SC022919

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

THE ST MATTHEW'S CENTRE (A SCOTTISH CHARITABLE INCORPORATED ORGANISATION)

Azets Audit Services Chartered Accountant Titanium 1 King's Inch Place Renfrew Glasgow PA4 8WF

THE ST MATTHEW'S CENTRE (A SCOTTISH CHARITABLE INCORPORATED ORGANISATION)

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 8
Independent Examiner's Report 9
Statement of Financial Activities 10
Balance Sheet 11
Notes to the Financial Statements 12 to 20
Detailed Statement of Financial Activities 21 to 22

THE ST MATTHEW'S CENTRE (A SCOTTISH CHARITABLE INCORPORATED ORGANISATION)

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2025

Management Committee

Bankers Royal Bank of Scotland 249 Saracen Street Glasgow G22 5JW

Charity no. SC022919

Independent Examiner

Azets Audit Services Titanium 1 King's Inch Place Renfrew Glasgow PA4 8WF

Page 1

THE ST MATTHEW'S CENTRE (A SCOTTISH CHARITABLE INCORPORATED ORGANISATION)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of 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 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and activities

The St Matthew's Centre was established in 1994 in direct response to the needs of the local community. Over the last 31 years we have remained a consistent and safe space for our local communities to learn, grow and thrive through a range of activities, access to space and active network participation. We are open to anyone and specifically target those in our local communities in the North of Glasgow. We intend to work with those who have faced hardship in their life through addiction, homelessness, financial poverty and social isolation. The Centre works to cross societal boundaries and creates a sense of togetherness and belonging to inspire collective positive action.

As set out within our constitution, our core aims are:

In order to achieve our aims, we currently focus on four key areas:

Page 2

THE ST MATTHEW'S CENTRE (A SCOTTISH CHARITABLE INCORPORATED ORGANISATION)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

ACHIEVEMENTS AND PERFORMANCE Achievements and Performance

In April 2024 we had built up a good support system for the community as we navigated out of the various challenges. Our work looked to increase community cohesion, improve wellbeing and offset the impact of the Cost of Living Crisis we were now facing.

Throughout the year we have:

Page 3

THE ST MATTHEW'S CENTRE (A SCOTTISH CHARITABLE INCORPORATED ORGANISATION)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

ACHIEVEMENTS AND PERFORMANCE Achievements and Performance

Our work with other people:

We work with other organisations in several ways: partnerships, networks, collaborations and general support activities.

We work closely with the various organisations based at St Matthew's Centre and actively support several local organisations including but not limited to:

We have also had several new users over the last year which has added to our network of contacts.

We continue to provide a resource library for local organisations to use equipment such as gazebos for community events. We have had a challenging year and are delighted that our staff team have persevered and continued to deliver quality engagement and support for the community.

FINANCIAL REVIEW

Financial position

The financial position of the Centre is reflected on pages 10 to 20 of the financial statements.

During the year under review, the principal sources of funding were Grants from government and Institutions. These are included in Restricted Funds and amount to £110,715 (2024: £92,589). Other sources of income were donations and hall user contributions. Unrestricted donations received in the year totalled £500 (2024: £780), rental income, and hall user contributions totalled £28,219 (2024: £21,783).

The SOFA and supporting notes also provide details of grants received in support of specific items of expenditure in the year.

The Statement of Financial Activities on page 10 reflects net outgoing resources of £2,871 (2024: £17,325 net incoming resources). Total net assets at 31 March 2025 were £128,764 (2024: £131,635).

Page 4

THE ST MATTHEW'S CENTRE (A SCOTTISH CHARITABLE INCORPORATED ORGANISATION)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

FINANCIAL REVIEW

Principal funding sources

We received a variety of funds to aid our charitable activities throughout the year which

largely focused on supporting the health and wellbeing of our community. We also used funds received in the last financial year to support our work as well:

Total charitable activities incoming resources is £110,715, as shown on page 14 of the financial statements

o Glasgow City Council, Communities Fund - £61,715

These funds were awarded to support our general operations and were used to purchase new equipment for outdoor activities.

o The Robertson Trust - £15,000

These funds are part of a multi-year award that supports the salary of our Centre Manager.

o National Lottery Communities Fund - £32,000

These funds were awarded to support staff costs including Centre Manager.

o Endrick Trust - £2,000

These funds were awarded to fund repairs to the fabric of the building.

Reserves policy

The organisation will strive to build up reserves sufficient to cover 6 months running costs. The reserves represent the funds arising from current operating results.

Investment Policy

The constitution confers no investment powers on the Management Committee and the charity holds no such securities.

Page 5

THE ST MATTHEW'S CENTRE (A SCOTTISH CHARITABLE INCORPORATED ORGANISATION)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

FUTURE PLANS

We have been approached for increased usage of our facilities from the International Women's Group and the Women's Integration Network. Especially increasing our hosting of English as a Foreign Language classes at three levels. We look forward to exploring these and including a streamlining of our use of storage space which is at a premium for all our groups. Footfall now exceeds 400 per week with clear implications for caretaking, support and building management needs.

We are embarking on major improvements to safety on site:

Outdoor movement-sensitive lighting has now been installed in both buildings with shared contributions from the Diocese, St. Matthew's Church and St. Matthew's Centre. This is providing a much needed security aid for our evening groups which are much in demand locally.

The security alarm system has been completely overhauled in both The Place and the Centre. Estimates have been gathered for a range of improvements to other alarm systems and now work is underway to provide a complete renewal of the fire alarm system (with ongoing maintenance support and training) which includes emergency exit signage and lighting in both buildings. This has incurred considerable expense but has significantly enhanced our safety as a community building. We are grateful to the Diocese for contributing to the improvements required at The Place. The CCTV system has also been completely renewed and is now viewable from the Caretaker Office.

The increasing demands within the Centre and need for continuing development to explore community needs means that we plan to refocus our staff roles and revise job profiles in the coming year. We will focus on community outreach and carry out community consultation over the coming year and continue to promote integration with our user groups and Possilpark community. It has long been our desire to introduce a new development role at St. Matthew's Centre, not least now we have lost the (Thriving Places) Community Connector role, to increase capacity and focus on improving connections with building users and the wider community. At. St. Matthew's Centre we still hold the relationships forged through the Thriving Places programme. Most of our delivery work over the next year will of necessity focus on continuing to provide safe and consistent support for our community as we try to respond to the impact of the cost of living crisis but over the next year we will also invest in our staff team, assess the activities we are providing and review our governance structures to grow our board of trustees.

The trustees and senior staff intend to develop a strategic plan to focus our developmental efforts over the next 3-5 years to ensure they most effectively respond to the needs of our local community and the rapidly changing nature of our society.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

St Matthew's Centre operates as a single tier Scottish Charitable Incorporated Organisation (SCIO) and our governing document is a Constitution that reflects this.

Page 6

THE ST MATTHEW'S CENTRE (A SCOTTISH CHARITABLE INCORPORATED ORGANISATION)

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Recruitment and appointment of new trustees

This is a continuing challenge for all charities but particularly in areas like Possilpark. We are delighted to welcom s a lawyer and with experience in managing a community facility in Glasgow brings valuable expertise in employment law and governance and assist in our ongoing updating of Staff Handbook, Staff Contracts, User Group Contract Agreements and Policies and procedur work as Diocesan Administrator also strengthens our access to wider resources.

We have also valued regular contact with our local representative of the North West Glasgow Voluntary Sector Network and GCVS in guidance towards continuing governance improvement.

The board holds the power to appoint any member as a trustee at any time by way of resolution of a majority vote at a board meeting. One third of the trustees must retire at the conclusion of the AGM but can be reappointed at the next board meeting.

The board will normally comprise the Rector of the St. Matthew's Scottish Episcopal Church; two representatives elected by the Vestry of St. Matthew's Church; one representative of the Diocese of Glasgow and Galloway; a Treasurer and Secretary and up to 6 representatives of user groups at the St. Matthew's Centre.

The decision was made during the year to review our governing documents and our current board structure in the hope that we can recruit additional trustees. We aim to have completed this work in 2025.

Organisational structure

The management committee who served from 1 April 2024 until the date of signing the accounts are:

Risk management

The Management Committee have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.

TRUSTEES’ RESPONSIBILITIES

Under legislation relating to charities in Scotland, the Management Committee are required to prepare financial statements for each financial year which give a true and fair view of the state of the charity's affairs and of its incoming resources and application of resources, including its surplus or deficit for that year, and which have been properly prepared from and are in agreement with the accounting records of the charity and comply with relevant disclosure requirements.

In preparing those financial statements, the Management Committee are required to:

The Management Committee are required to act in accordance with the constitution of the charity, and within the framework of trust law. They are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the Financial Statements comply with the requirements of The Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 flowing therefrom. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charity and to prevent and detect fraud and other irregularities.

Page 7

TIIE ST MAThIIEW'S CENTRTr: IA SCOTTISII CIIARITABE.E INCORPORATF.D ORGANISA TION) RF.PORT OF TIIF. TRUSTfr.£S FOR TIIF. YEAR ENDED JI MARCII 2024 Approved b>" ordcr of lh¢ boaryl uf irusiees on ............................... and sign¢d on 115 behalf by.. Pa&ie

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE ST MATTHEW'S CENTRE

I report on the accounts for the year ended 31 March 2025 set out on pages ten to twenty.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.

Basis of the independent examiner's report

My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner's statement

In connection with my examination, no matter has come to my attention :

The Institute of Chartered Accountants of Scotland

Azets Audit Services Chartered Accountant Titanium 1 King's Inch Place Renfrew Glasgow PA4 8WF

Date: 10/12/25

Page 9

THE ST MATTHEW'S CENTRE (A SCOTTISH CHARITABLE INCORPORATED ORGANISATION)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Charitable activities
4
Charitable Activities
Investment income
3
Other income
5
Total
EXPENDITURE ON
Charitable activities
6
Charitable Activities
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 General
Fund
£
500
-
1,264
28,219
29,983
10,769
19,214
85,123
104,337		 Restricted
Funds
£
-
110,715
-
-
110,715
132,800
(22,085)
46,512
24,427		 2025
Total
funds
£
500
110,715
1,264
28,219
140,698
143,569
(2,871)
131,635
128,764		 2024
Total
funds
£
780
92,589
1,787
21,783
116,939
99,614
17,325
114,310
131,635

The notes form part of these financial statements

Page 10

TIIE sr MATTIIEW'S CENTRF. {A SCOTTISII CIIARITABI.E INCORPORATED ORGA,ryISATION) BALANCF. SIIF.ET JI MARCII 202S 2025 2024 Noies CURRTr.NT ASSETS rkbiors Cash ai bank 133.£03 137.072 136.9511 CRF.I)ITORS Amoiinis fallinbf duc M'iihin oiie i.ear 12 {8.308) (5.3231 NET CURRENT ASSF.TS 128.7&4 13163$ TOTAL ASSETS LLSS CURRF.NT .IAIIII.ITIF.S 128.764 131.631 NF.T ASSfr:I'5 1?8,76¢1 131.635 "Uh'DS LliirL'$irieiLd funds Rcsiricied fiinds 14 lQ.1.337 2*1 [127 85.123 46.412 TC)I'AI. F"IINDS 128.7 131.634 11)L liiiaiiiiftl St￿71cments m'ere approved b). Ihc Board OrTn15￿e$ wld 8uthori5ed for issue on . and werL' sibyncd 01) tis bel)alf by.. 10 &.J2LgJ- Tht n()Ics forni curl ofth4SC financial SfalemLnts

THE ST MATTHEW'S CENTRE (A SCOTTISH CHARITABLE INCORPORATED ORGANISATION)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared in accordance with 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 (FRS102) (effective 1 January 2019) - (Charities SORP (FRS 102) and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

The St Matthew's Centre meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The balance sheet at 31 March 2025 shows a strong net assets and cash flow position. As a result, the financial statements have been prepared on the going concern basis.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or 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 obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost 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 resources.

Tangible fixed assets

Capital expenditure incurred in the year has been reflected in the Income & Expenditure Account as "Centre Equipment", as the Management Committee consider it unnecessary to capitalise individual items of capital expenditure costing less than £1,000 each.

Taxation

The Centre has charitable status for taxation purposes. The organisation is not registered for VAT and accordingly, any such irrecoverable VAT is included with the expenditure concerned.

Statement of financial activities

For the purposes of the Statement of Financial Activities as shown on page 10, funds are defined as follows:

Unrestricted funds comprise grants and other income received for the objects of the charity without further specified purpose and are available as general funds.

Restricted funds comprise grants and other income received for spending on specified purposes as laid down by the grantor.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss as described below.

continued...

Page 12

THE ST MATTHEW'S CENTRE (A SCOTTISH CHARITABLE INCORPORATED ORGANISATION)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES - continued

Impairment of assets

Non-financial assets

An asset is impaired where there is objective evidence that, as a result of one or more events that occurred after initial recognition, the estimated recoverable value of the asset has been reduced. The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use.

Where indicators exist for a decrease in impairment loss, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had no impairment been recognised.

Financial assets

For financial assets carried at amortised cost, the amount of impairment is the difference between the asset's carrying amount and the present value of estimated future cash flows, discounted at the financial asset's original effective interest rate.

For financial assets carried at cost less impairment, the impairment loss is the difference between the asset's carrying amount and the best estimate of the amount that would be received for the asset if it were to be sold at the reporting date.

Where indicators exist for a decrease in impairment loss, and the decrease can be related objectively to an event occurring after the impairment was recognised, the prior impairment loss is tested to determine reversal.

An impairment loss is reversed on an individual impaired financial asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had no impairment been recognised.

Cash and cash equivalents

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 overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Financial instruments

The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' 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 party to the contractual provisions of the 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.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transactions costs and are subsequently carried 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 receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the charity transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

continued...

Page 13

THE ST MATTHEW'S CENTRE (A SCOTTISH CHARITABLE INCORPORATED ORGANISATION)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES - continued

Financial instruments

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

2. DONATIONS AND LEGACIES

DONATIONS AND LEGACIES
2025 2024
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
User Groups - - - 280
Low Beaton Richmond LLP - - - -
The A&ME Little Charitable Trust 500 - 500 500
500 - 500 780
INVESTMENT INCOME
2025 2024
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
Bank interest 1,264 - 1,264 1,787

3. INVESTMENT INCOME

4. INCOME FROM CHARITABLE ACTIVITIES

Activity
National Lottery
Communities Fund
Charitable Activities
Glasgow City Council
Charitable Activities
The Robertson Trust
Charitable Activities
Endrick Trust
Charitable Activities
B&Q Foundation
Charitable Activities
Peoples Health Trust -
Christmas Activities
Charitable Activities		 2025
£
32,000
61,715
15,000
2,000
-
-
110,715		 2024
£
37,000
35,001
15,000
-
5,000
588
92,589

continued...

Page 14

THE ST MATTHEW'S CENTRE (A SCOTTISH CHARITABLE INCORPORATED ORGANISATION)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

5. OTHER INCOME

Unrestricted
funds
£
Hall user contributions
15,219
Rental Income
13,000
28,219
6.
CHARITABLE ACTIVITIES COSTS
Charitable Activities
7.
DIRECT COSTS OF CHARITABLE ACTIVITIES
Staff costs
Insurance
Telephone
Postage and stationery
Cleaning and hygiene supplies
Gas
Electricity
Repairs
Maintenance contracts
Sessional staff costs and staff training
IT Equipment & Support costs
Community costs
Wellbeing Projects
Travel
Memberships
Job adverts
Lease Costs for FICS and GK Experience		 Restricted
funds
£
-
-
-
Direct
Costs (see
note 7)
£
139,813		 2025
Total
funds
£
15,219
13,000
28,219
Support
costs (see
note 8)
£
3,756
2025
£
68,160
2,042
4,519
5
1,806
5,378
3,402
38,241
2,510
3,332
2,685
-
7,636
97
-
-
-
139,813		 2024
Total
funds
£
11,783
10,000
21,783
Totals
£
143,569
2024
£
55,994
2,026
2,919
455
754
1,461
2,902
16,190
3,157
146
347
2,008
6,570
42
79
460
1,200
96,710

continued...

Page 15

THE ST MATTHEW'S CENTRE (A SCOTTISH CHARITABLE INCORPORATED ORGANISATION)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

8. SUPPORT COSTS

SUPPORT COSTS
Human Governance
resources costs Totals
£ £ £
Charitable Activities 1,513 2,243 3,756
Support costs, included in the above, are as follows:
2025 2024
Charitable Total
Activities activities
£ £
HR services 1,513 600
Independent Examiner's fee 1,926 1,920
Payroll services 317 384
3,756 2,904

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Charitable Activities
Investment income
Other income
Total
EXPENDITURE ON
Charitable activities
Charitable Activities
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward		 General
Fund
£
780
-
1,787
21,783
24,350
42,239
(17,889)
103,012		 Restricted
Funds
£
-
92,589
-
-
92,589
57,375
35,214
11,298		 Total
funds
£
780
92,589
1,787
21,783
116,939
99,614
17,325
114,310

continued...

Page 16

THE ST MATTHEW'S CENTRE (A SCOTTISH CHARITABLE INCORPORATED ORGANISATION)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

10.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -
General
Fund
£
TOTAL FUNDS CARRIED FORWARD
85,123
11.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Accrued income
Prepayments
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other creditors
13.
ANALYSIS OF NET ASSETS BETWEEN FUNDS
General
Restricted
Fund
Funds
£
£
Current assets
112,645
24,427
Current liabilities
(8,308)
-
104,337
24,427
14.
MOVEMENT IN FUNDS
At 1/4/24
£
Unrestricted funds
Centre Fund
85,123
Restricted funds
National Lottery Communities Fund
20,394
Glasgow City Council (Glasgow
Communities Fund)
13,288
GCC - Mental Health & Wellbeing Fund
12,830
46,512
TOTAL FUNDS
131,635		 continued
Restricted
Funds
£
46,512
2025
£
2,096
150
2,246
2025
£
8,308
2025
Total
funds
£
137,072
(8,308)
128,764
Net
movement
in funds
£
19,214
(4,531)
(9,918)
(7,636)
(22,085)
(2,871)		 Total
funds
£
131,635
2024
£
1,866
1,589
3,455
2024
£
5,323
2024
Total
funds
£
136,958
(5,323)
131,635
At
31/3/25
£
104,337
15,863
3,370
5,194
24,427
128,764		 Total
funds
£
131,635

continued...

Page 17

THE ST MATTHEW'S CENTRE (A SCOTTISH CHARITABLE INCORPORATED ORGANISATION)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

14. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
Centre Fund
Restricted funds
National Lottery Communities Fund
The Robertson Trust
Glasgow City Council (Glasgow
Communities Fund)
GCC - Mental Health & Wellbeing Fund
Endrick Trust
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
Centre Fund
Restricted funds
National Lottery Communities Fund
Glasgow City Council (Glasgow
Communities Fund)
North Glasgow Housing - NG Homes
Glasgow Life - ECOS
GCC - Mental Health & Wellbeing Fund
TOTAL FUNDS		 Incoming
resources
£
29,983
32,000
15,000
61,715
-
2,000
110,715
140,698
At 1/4/23
£
103,012
-
-
1,148
750
9,400
11,298
114,310		 Resources
Movement
expended
in funds
£
£
(10,769)
19,214
(36,531)
(4,531)
(15,000)
-
(71,633)
(9,918)
(7,636)
(7,636)
(2,000)
-
(132,800)
(22,085)
(143,569)
(2,871)
Net
movement
At
in funds
31/3/24
£
£
(17,889)
85,123
20,394
20,394
13,288
13,288
(1,148)
-
(750)
-
3,430
12,830
35,214
46,512
17,325
131,635

continued...

Page 18

THE ST MATTHEW'S CENTRE (A SCOTTISH CHARITABLE INCORPORATED ORGANISATION)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

14. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
Centre Fund
Restricted funds
National Lottery Communities Fund
The Robertson Trust
Glasgow City Council (Glasgow
Communities Fund)
North Glasgow Housing - NG Homes
Glasgow Life - ECOS
GCC - Mental Health & Wellbeing Fund
B&Q Foundation
Peoples Health Trust - Christmas Activities
TOTAL FUNDS		 Incoming
resources
£
24,350
37,000
15,000
25,001
-
-
10,000
5,000
588
92,589
116,939		 Resources
Movement
expended
in funds
£
£
(42,239)
(17,889)
(16,606)
20,394
(15,000)
-
(11,713)
13,288
(1,148)
(1,148)
(750)
(750)
(6,570)
3,430
(5,000)
-
(588)
-
(57,375)
35,214
(99,614)
17,325

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
Centre Fund
Restricted funds
National Lottery Communities Fund
Glasgow City Council (Glasgow
Communities Fund)
North Glasgow Housing - NG Homes
Glasgow Life - ECOS
GCC - Mental Health & Wellbeing Fund
TOTAL FUNDS		 At 1/4/23
£
103,012
-
-
1,148
750
9,400
11,298
114,310		 Net
movement
in funds
£
1,325
15,863
3,370
(1,148)
(750)
(4,206)
13,129
14,454		 At
31/3/25
£
104,337
15,863
3,370
-
-
5,194
24,427
128,764

continued...

Page 19

THE ST MATTHEW'S CENTRE (A SCOTTISH CHARITABLE INCORPORATED ORGANISATION)

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

14. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
Centre Fund
Restricted funds
National Lottery Communities Fund
The Robertson Trust
Glasgow City Council (Glasgow
Communities Fund)
North Glasgow Housing - NG Homes
Glasgow Life - ECOS
GCC - Mental Health & Wellbeing Fund
B&Q Foundation
Peoples Health Trust - Christmas Activities
Endrick Trust
TOTAL FUNDS		 Incoming
resources
£
54,333
69,000
30,000
86,716
-
-
10,000
5,000
588
2,000
203,304
257,637		 Resources
Movement
expended
in funds
£
£
(53,008)
1,325
(53,137)
15,863
(30,000)
-
(83,346)
3,370
(1,148)
(1,148)
(750)
(750)
(14,206)
(4,206)
(5,000)
-
(588)
-
(2,000)
-
(190,175)
13,129
(243,183)
14,454

15. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.

16. EXPLANATION OF FUNDS

The Centre fund is used for the purposes of the charity.

An explanation of other funds can be found on page 5 of these financial statements.

Page 20

THE ST MATTHEW'S CENTRE (A SCOTTISH CHARITABLE INCORPORATED ORGANISATION)

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

INCOME AND ENDOWMENTS
Donations and legacies
User Groups
Low Beaton Richmond LLP
The A&ME Little Charitable Trust
Investment income
Bank interest
Charitable activities
National Lottery Communities Fund
Glasgow City Council
The Robertson Trust
Endrick Trust
B&Q Foundation
Peoples Health Trust - Christmas Activities
Other income
Hall user contributions
Rental Income
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Insurance
Telephone
Postage and stationery
Cleaning and hygiene supplies
Gas
Electricity
Repairs
Maintenance contracts
Sessional staff costs and staff training
IT Equipment & Support costs
Community costs
Wellbeing Projects
Travel
Carried forward		 2025
£
-
-
500
500
1,264
32,000
61,715
15,000
2,000
-
-
110,715
15,219
13,000
28,219
140,698
68,160
2,042
4,519
5
1,806
5,378
3,402
38,241
2,510
3,332
2,685
-
7,636
97
139,813		 2024
£
280
500
-
780
1,787
37,000
35,001
15,000
-
5,000
588
92,589
21,783
-
21,783
116,939
55,994
2,026
2,919
455
754
1,461
2,902
16,190
3,157
146
347
2,008
6,570
42
94,971

This page does not form part of the statutory financial statements

Page 21

THE ST MATTHEW'S CENTRE (A SCOTTISH CHARITABLE INCORPORATED ORGANISATION)

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
Charitable activities
Brought forward
Memberships
Job adverts
Lease Costs for FICS and GK Experience
Support costs
Human resources
HR services
Governance costs
Independent Examiner's fee
Payroll services
Total resources expended
Net (expenditure)/income		 2025
£
139,813
-
-
-
139,813
1,513
1,926
317
2,243
143,569
(2,871)		 2024
£
94,971
79
460
1,200
96,710
600
1,920
384
2,304
99,614
17,325

This page does not form part of the statutory financial statements

Page 22