Friends of Gordon Cottage Child Development Centre
SC024661
Annual Report & Financial Statements
For Year ending 31st December 2023
Friends of Gordon Cottage Child Development Centre SC024661
Trustees’ Annual Report
For the Year Ended 31 December 2023
The trustees have pleasure in presenting their report together with the financial statements and the ~~independent examiner~~ ’ ~~s report~~ for the year ended 31 December 2023.
Reference & Administrative Information
Charity Name
Friends of Gordon Cottage Child Development Centre
Charity No
SC024661
Address
Current Trustees
Trustees were re-elected at our AGM on 25[th] April, 2023
Independent Examiner
FVA were unable to support independent examiners review this year due to resource.
Structure Governance & Management
Constitution
The charity is governed by a constitution which was adopted on 21/04/2009 and last amended May 2016. The charity is unincorporated.
Appointment of Trustees
Trustees are appointed at the Annual General Meeting.
Management
As stated in the Charity's constitution:
1. A committee shall be elected at the A.G.M to carry out the business of the ‘Friends’.
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2. The committee shall comprise of between three to eight people including: Chairperson Secretary Treasurer
3. No member of the management committee (i.e. Office Bearers) shall be appointed to any salaried office of the ‘Friends’ or to any office of the ‘Friends’ paid by fees. No reimbursement or other benefit in money or monies worth paid by the ‘Friends’ to any member of such executive committee, except re-imbursement of out of pocket expenses.
4. If an Office Bearer of the ‘Friends’ ceases to hold office prior to the expiry of their term of office, a successor shall be appointed at a meeting attended by the remaining executive committee plus those members present.
Objectives & Activities
Charitable purposes
The objective of the ‘Friends’ is to promote the welfare of children with additional support needs who are using or have used Gordon Cottage Child Development Centre and their parents/carers in any manner which is now or hereafter deemed by law to be charitable and without prejudice.
Activities
-
This year we have taken the children to several different soft plays to help support the parents in different environments. We have visited Dobbie’s and Play Planet.
-
Money has been used to buy snack items when out on trips or to buy different items to use for snack in the centre.
-
Due to renewing our corporate pass at Almond Valley we needed a diary to help monitor its usage.
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We have purchased next year’s Christmas wrapping paper and That’s not my books.
Achievements & Performance
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Another local CDC closed and equipment and funds were donated to our CDC. Cash sum of £18,856.66 was received.
-
The centre invested in a sensory room, estates covered the cost of the room transformation, however the charity covered the cost of the sensory equipment and installation at a sum of £5,265.97. This will be installed early 2024.
Financial Review
Although no active fundraising events took place over the period, the local community as always are very generous with donations and this year has been no exception with the charity receiving donations totaling a sum of £26,342.93
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Plans for Future Periods
We will continue to consider options for getting an outdoor safe play space for children to use with wheeled toys. Supply equipment to furnish a new sensory room. This has been agreed in principle, we are just trying to find the best all round solution.
Approved by the trustees on 02[nd] December 2024 and signed on their behalf by:
Chair
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Friends of Gordon Cottage Child Development Centre SC024661 Statement of Receipts and Payments – For the Year Ended 31 December 2023
| Receipts Voluntary Receipts Donations Fund Raising Bank Interest & refund Total Receipts Payments Cost of Fund Raising Cost of Charitable Activities Governance Costs Purchase of Equipment Total Payments Surplus/(Deficit) for the year |
Note | Unrestricted Funds Restricted Funds Total 2023 Total 2022 26,343 - 26,343 8,586 - - - - 383 - 383 69 26,726 - 26,726 8,655 |
|---|---|---|
| 4 5 |
||
| - - - - 820 - 820 10,268 - - 0 72 5,915 - 5,915 - |
||
| 6,571 - 6,571 10,330 |
||
| 20,155 - 20,155 -1,675 |
The Notes on Page 8 form an integral part of these accounts
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Friends of Gordon Cottage Child Development Centre SC024661 Statement of Balances – As at 31 December 2023
| Funds Reconciliation Cash at Bank & In Hand – 01/01/2023 Surplus/(Deficit) for year Cash at Bank & In Hand - 31/12/2023 Bank & Cash Balances RBS Current Account RBS High Interest Account Cash in Hand Liabilities (Unrestricted Fund) |
Unrestricted Funds 35,718 20,155 |
Restricted Funds - - |
Total 2023 Total 2022 35,718 37,698 20,155 -1,675 |
|---|---|---|---|
| 55,874 | - | 55,874 35,718 |
|
| 3,920 3,004 51,954 32,714 125 302 |
|||
| 55,999 35,698 |
|||
| 0 0 |
The Notes on Page 8 form an integral part of these Accounts
Approved by the trustees on 02[nd] December 2024 and signed on their behalf by: -
Chair
Treasurer
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Notes to the Accounts – For the Year Ended 31 December 2023
1 Basis of Accounting
These accounts have been prepared on the Receipts & Payments basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).
2 Nature and purpose of funds
Unrestricted funds are those that may be used at the discretion of the trustees in furtherance of the objects of the charity. The trustees maintain a single unrestricted fund for the day-to-day running of the Charity.
Restricted funds may only be used for specific purposes. Restrictions arise when specified by the donor or when funds are raised for specific purposes.
3 Related Party Transactions
There were no travelling expenses paid during the year.
No other remuneration was paid to the trustees or to any connected persons during the year.
4. Cost of Charitable Activities
| 4. Cost of Charitable Activities Children Resource Maintenance and Repairs Refreshments & Gifts Committee Expenses Furnishings & Equipment Outings and Fun Days Petty Cash Postage, Stationery & Insurance |
Unrestricted Funds Restricted Funds Total 2023 Total 2022 |
| - - 6,314 - - - - - - - - - - - - - - - - - - - 210 - - - 46 201 - - - - |
|
| - - 6,570 201 |
5. Governance Costs
| 5. Governance Costs Annual Accounts & AGM Independent Examiner's Fee |
2023 2022 |
|---|---|
| - - - 50 |
|
| - 50 |
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