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’.
**Page 2**
**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.
- We have purchased next year’s Christmas wrapping paper and That’s not my books.
## **Achievements & Performance**
- 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**
**Page 3**
## **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**
**Page 4**
## **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
**Page 5**
## **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**
**Page 6**
## **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|
**Page 7**