REGTSTERED CHARITY NUMBER: SC027449 Re ort of the Tru¥tees and lJnMiJdlted FlnAneil Sttement$ f r the Year W,nded 31 MArch 2025
The Senior Centrc C4sllemilk Contents of tlie FIaliCIal .Stxlemenly foi. tli¢ Yeai. r,ndL.d J l Marili 2025 Page Chalr's Report 202*25 Report of the Trustees Indep¢ndent ElanDer'S Report StAt¢ment ol Flnanclal Actfvltl Balance Sheet Notes to the Flnanclal StAl¢meTrts io Detalled Statement of Flnanclal Actlyltles 20
The ni r Centre Castlemllk Chali s RL. Drt ZlJ24-25 or thg Year L4"ndcd JI March 202 Now that I've complctc 2 full years as Chair of Ihc Scnioi Ciiiire, l L11) honestly say l am blown away by thc dediLaiion, hard work and effort given by our CLnlrL Mana8Lr, and her fabulous tcam of corc siafT, volunteers and Intees. l ani so proud of their d¢dication io ciisui'iiig dh¥ diid the dcv¢lopmcnl of this fantastiL. falility. Whal is offered to members is a much-ncedcd rcsourcc, tackling povcrry and isolation by providing healthy nutritious mcals and providing a warm, safe and wLlcomin8 space 5 days per w¢ck, This has a triplc impaLt for the mcmbers no need to cook or tun) on heating duringy the (li¢ y and Ihc spLctal parl is combalin8 social isolation aiid loncliness. Some mcmbcrs comL to the Ccntre LVLry(lay Monday to Friday as Ihis is possibly IhL uiily lime ihc'y can inlL'raLt with othcr peopl¢. Everyonc's situatiun is diffcrcnl, and it is imp¢rative lo Lnsiire wc ¢ontinue to foLU5 on our membL'rsliip, dclivcring activities of intci'est and ensuring evcryonL gcts involvcd. WL'VC just complelcd thc second of 3 ycai's vital nding} from Glasgow City Coiincil, Communities FiinLI, and Vre ablc (o Lomm¥nLL this y¢'iir securL in the knuwlcdgiL wc were ablc to keep thL wheel% lurning in the Centre. OpL'nins the doors anLI Lov¢ring the muLh-n¢edcd salaries of a couplL' of core staff alungsidL' sLcuring an additional 2 yLarg of Big Loltcry fiinding, WL w¥i'¢ ablL to keep th¥ dLliviliLs. classcs and anoihLr thrcc sraff mcmburs going. The remaindL'r of Slaff, Cafi. and classLs / tr>CS5iVliS are fundLd via our own incomc gyenLration whiLh must bc highlighiLd and praisedl The kindn¥ss and tiuppon of our niembLrship is alLllY appr¥Li411ed. In addiiiun to Ihc above fundiiig, wc successfully sLLiuLd ncw unrLslriLtL.d fiJndiii¥ for 3 y¢5 via Ihc Bank of SLolland Foundulion which was indLcd a hugL boost lo thc Cenlr¢' and affordLd us Ilie ()ppvrlunity io LolliinuL the LmploymLnl of our r)cv¢lupment & Inclu8ion OfficLr, vital to IhL planning Of all ¢1clivitiL'S and prograrimi¥5 al()ngside enlbIng1 us to redevclop our gardcn spac¢, purcha.%L nLCeSSUry Lyuipmcnt and undLrtakL vital Iraii)ing fur staff and voluniLL'rs. The Ccnlr¢ has flourishcd with sccuring longcr-tci'm fundin&', providing a divL'rsL rang7c of arlii'itie% lu suit our cver-incrL'asing niLnibership and thL on&)oing dcvLlupment of our Board, m(InagcmLnl, staff. and volunleeriiig tcani. To say I havc enjoyL'd the past couplL of years as Chair is an unders¢aicmL'nt nnd sharin8 ilic expcriLnLe with tlie othcr TnisteLs1115 1).'I 11 1 Ill | Lili lil,: The work going7 oli behind IhL scenes is r¥mai'kablL with thc hard work and dcdicalion of Maiiager, 'c can en%urc the Ccnirc movcs onwards and upwards. Wc oftcr %iii)Iini"t Ic) liul her knowledgL' and commilmciil to Ihc Ccntre, gtraincd in 23 ycai's at thc h¢lm also reassurcs us with Ihc proLirL&s ol. boih thc Centrc and its mcmbers. Finally, I would likc to say R huge thank you to all stRff. volunlcers and stakcholders involvcd in making the Ccnlrc the sucicss it has and will continu¢ ID bL'. Tlieir ellons do noi go unnolicc'd. and thc Ccnirc would not be ablc lo opcrate withoui their assistance and much needcd support. Page I
The Senlor Centre tl milk Re ort of the Trustee¥ Year Lnded JI Murch 2025 ThL Iruslces pres¢nl Ihcir report wilh Ihc finaiicial slaleniLn15 of thc Lharity for the year ended 31 MarLh 20?5. Th¢ trustccs havc adopted thc provi%iorts of Accounting ai)d R¥yorting by Charities: 8laternenl OF Rccommcnded Practice applicablL to chariti¢s preparing their accounts in aLcordance with thL. Finan¢i&l Reporting Standai'd appliLablL iii th¢ UK and Republic ot-lreland (FR% 102) (ctlcclive l January 2019). OBJF.CTIVES ANI) ACTIVITIES Objectlves 4nd aims Thc organisali()n's purposes are: The provision of recrealional facilitiei, or thL organisation of rccrealioiial activities, with thL objcct of improving the coiidiliuns of li fc for the older residLn15 of Castlernilk and its cnvirons {"thc Operating Area"): The rclicf of those oldcr I'Lsidcnts of the OpLraiiiig Ar¢a, in need by rcason ol. agc. ill-hL'alth. disability, financial hardship or other di&ddvantagc.' and The advanL¢mcnt of education and training of thos¢ oldcr rLsidents of Ihc Opcrating ArL'a particiilarly in connLLlion with buLh skills as will promotc personal dcvclopmcnt. Thc objccts of thc charity havi not Lhansjed during IhL' yLar undLr review. Slgnificxnt actlvltle5 ThL Trust¢es considLr that the purpos¢s and objects of the Lharity uutlinLd above have beeii met in thL yLar due to IhL erviccs providcd by the Ccnlrc, logLihcr wilh the acliviliLS1 I 11(f prujLLts uiiderrakeii for iiieinbLrs (as uutlilled in Ih Chair's Rcport). ThL' work pLrformcd by thc charity in the ycar has LontinuLd to ciihaiicc the lives of oldcr r¥sidenls within the local arcu. with the CcntrL Lontinuing to providc a focal point for those rcsidenls 10 improvc hLalth, independenLL' und wcllbeing. Publle bcneflt Thc charity mcLts the dLfinition of a publiL bonLfit vntity widei. FRS 102. Volunteers Thc Lharity made USL of voluntccrs irt many of its activiticts throughout tlie period. Th¢ Board wishes lo cxprcss their gratitudc for the work carricd out in thL PL'rAod by thosc voluntee1% and Ivokt> forward to Ihcir conlinulng and valuablc assistance. FINANCIAL REVIEW Flnanclal position Thc financial statements following this repnrl sh()w thc ovcrÉl11 position of the charitable compAny as at 31 sl March 2025 and its inconie and expenditure for the year ended on that date. A number of grants were received during the year cov¢ring different parts nf the charitys operation5. totalling £2 70.214 12n24 £215.884) as ouilincd in ihe noics to Ihc financial statenients. Taking this into account. incoming rcsources from donali()ns and ILgaLic% amounicd to L?79,594 (21124 - £224.1143) iii the year. Carc takings, suhsidics, income gL'nLralion. and r()Dm hirc tolalling L1119.864 (2024 £103.398) in thc yr augnxnlcd this to produc¢ lolal incoming rcsour¢¢s of £389,458 (2024 - £327,441). Rcsouiccs ¢xp¢nded in the year lotalled £351.872 (2024 £335,989) as detailed within th¢ SiaQm¢nL of Finaiicial Activilies. This produced a surplu5 ITh tile year of £37,586 (2024 £8,548 d¢fiLiI). Conscqucntly, at thc financial ycar end, the charity has total r¢s¢rv¢s of £210.383 (2024 - £172.797) which th¢ Trusi¢¢s con5idcr to bc sutTicicnt financial hcadrooni in light of continuin8 projects {and expendittire committed and anticipaled thereon), and to covcr thc ongoin8 managcmcnl and support costs.. Some of tlie grant income received from nderS is awarded on the calendar year basis, rather than on the Ghai'ity's y¢ar end of 31 st March. As such, ndIng can be received and recognised in this financial year but will be spent ii) thc T)cxt year. Principal (undin% sourees The charity continued to i-ely on grajit income as its principal source of fimding in ol'der to meet its objectives. Page 2
The Senlor re c4i•tlemllk Re ort of the I'rubteL'S for tlie Year Lndcd JI March 20Z5 FINANCTAL REVIEW Investment policy and objectives Thc conslittition now cunfcrs invcstmcnt powers on thc Board uf Trustecs. HowLvor. the charity holds no such assets and have now plans to inv¢st the cliarilablc fiinds in such art investmLnt at tliis point. Reserves policy ResLrveg in IhL balance sh¢ct reprcscni accumulalcd fiJnd% arising from Dperating results lo datL' in relatiun to the Ihc various resiricied and unrestricted fiinds witliin IhL charity, which arc maintaincd at varying levels to covcr fluLtualionb in in¢omc and Lxpcnditurc. ro alluw for any unL'xpecled major eXndItUre rL'quircmcnt or lo miligatL any deLIAnc in the ovLrall finan¢ial cnvirDnrn¢nt. As ouilinLd elsLwherc, rLSL'rve% on a partlLular fund may appL'ar lo bc highL'r than ¢xpcLted at IhL yLar cnd, whLfL. funding is aw4ird¢d parnvay IhrougTh IhL ycai. and L'armarkL.d for disburseniL'nl in the twelve Inonihb fL)Ilowin&T r¢ccipt. Th¥ board arc saiisfi¢d tliJl thL levLI uf reservLS rctaii)Ld and rellcLtcd In Il)c fink)ncial statcmcnts are sufficiLnl. given Lurrvnl opcrational requircments. Going cuncern AftLr making appropriatL' cnquiriLS, die tnL'eS havc a reasonable Lxpcclalion that the charily ha.8 adequatL resources to continue in operational ¢xislcnLc for tIiL foresLI'ablL thiurL.. For Ihis reason. they conrinuc lo adopt IhL going LollLLrn basis in prcparin& Ihc finanLial slalLrncnLs. furthLY dLilail,% rLgdrding the adoption of thL going concern basis can be fouiid in th¢ acci)untin8 policies. AppliLations foi. funding continuc to bL madc Communitics fund are Lurrcntly in progrcss. applicaliony lo tliL Naiionlll LollLry & CJlHsgow City CounLil Efforts to sourL'e olhcr, additional fundingy continuL apace. along with Ihc neLd to bccoinc inore financially suslainablL troni iiicomc gencration - howevcr. should this corL fvnding ccase to bL availabll al IhL' ILVLIS Lurr¢i)tly bL'inu rLLIivLd, thc scrvice8 offercd by thc L.harily arc likL.ly to bL LVrtailcd. with slaffinby levels and activitics reduLLd a¢iordinLIy. FUTURE PLANS Niiw moving into Ol Ihirtceiiih ycar in our ncw premiscs and Thc Senior Cenlrc conlinu¥s to grow and dcvelop. FundinE l()r 2025-26 aiid beyond has bccn securcd from our lon8-CSLiblishcd partncrs. wtih additlonal fimding b¢iiig SOU&7hi lo cnablL us tn maintain scrvices al their present Icvel withiii the Centre. EssLnlial board dcveli)pmcnt and staff Iraining has taken place lo ensure govcmancc aiid health and safety is adhcred to. We contlnue lo look at growing our v()lunlcering numbci's and hopeliilly recniit additional Ytaff I tutors to fa¢ilitatc <lltivities and classes, depcndani on tiinding. The Centre hop¢s to continue ils succe&s over the past year, w¢lconiing new memb¢rs and coordinAtin8 a varied and interesting plan ()factivilies for all who allcnd. STRUCTURF., GOVERNANCE AND MANAGF.MENT Governlng docuinent Thc ¢harily initially operated as an unincorporaled asbociation. Ihcn becam¢ incorpora¢¢d as a company Ismiled by guarantcc {as defined by th¢ Companies Ail 2006) on 12th May 2008 until 17 June 2015. at which point it convcrled lo SCI() with thc approval of OSCR. A iiew Lunslilution was1 idupled at this point, whilst the assels. liabililies and chai'itablc stat5 of the limitGd compaiiy wcic transf¢rr¢d lo Ili¢ SCIO. Page 3
The Senior Ccntre Ca&tlcnillk ort of thc Trustee5 for the Year Ended 31 M411-£11 2025 STRUCTURE, GOVEKNAYI CE AND ,MANAGEMENT Reerultment and appolntment ol'new trustees Tlic coiiblitution contains all relIatiOnS relaiing to t]ic number, eligibility. election & re-clection, rcliral and ccssatioii of office. I'lic Individuals who signcd the charity tte¢ dLLlaraiton forms. wliich accompanied Ihc appliLlc lioIi for inLOrpoi411ioi) as a SL'IO bljall be dL'emed io have been appointed l)y the nienibers as ¢harity Irusices will) LffiLI froni IhL dalL of ii)Lorpoi'aiioii. Ai each Atim, Ihe membcr¥ may L'lecl any niemb¢r (unlcss debarred from membership) to bc ali LIL¥tL(I tlllSlLL' . cILcled Inisices musi mL'ftibcrs ot. tlie organisalion. Iii Ilic eveni of rfin elcciL'd InistLL' CC(ISiiig lo hold tiuLli oifi¢L for any rcasoi) bLlivcL'ii AGM5, IIIL b<)ai'd iiyy appoiiil aiiy olhL'r incmbcr (Iinless d¢barr¢d frotn bcinbF a ¢hii rily Ii'ustLL) 10 Ihc boJrd in IhLir plaLL as an LIcLIL(I IruslL Wllil Ihe ncxl AGM. wlicn rhL' person so appoiiilcd shnll rclir¢ frvin vifiLL' bul IIILIY Ilici? bc elcclLd by IhL' nicnil)crs. In addition, the board Inay dt any limu appoiiii any pL'rson (unless debarrcd fmm bcing a charity trtee) tu be an appointed trustLe. TIIL boa17J may at any iimL ierniinaic the appointhiinl of an apw)inted IrustCL. A PL'rson will not be eligiblL for cither clL'¢lioii or appointmcnl as a Iruslcc if Ih¢y are an employec of thL' orgTranisation or arc di.sql1ir1¢d from being a Charity Irubtec ujxler Chariiies and Trustce Inv¢slmenl (Scoil¢?n(l) ALt 2005. Ai L'J¢l) AGM, all vf lh¥ clLcred Irusiees must retirL' from ofyicc biit niay Ilicn bc rc-Llectcd up to .5 £iiL'¢L'ssivL yours, An ¢ILL'IL.d IruslLc rclii-llibi lil Jii AGM will be dLLlliLd io lidvc bll r¢-LlcLled uiilLs5 Ihly havc advisL(I Ili¢. prioi. lo Ilie ¢onLliibiOI) ol. lh¢ AGM Ihdl Ili¢y do noi wisli 10 bL rc-appoini¢d 1s a charity InisteL': or an cl¥clioii pi'OLLS% wai hcld at )L' AGM und Iliiy wiir i1 aiiiong Ihosc cl¢Lted/rc-cleclcd through that procLss. A ¢harity truslcc will autoiiiaLiLdlly ¢¥asL' lo hold olliLc it hc/she: bceoinLg di&qLiali fiid froni b¢iii¥ a Lhariiy trusiLC uiidci. IliL' CIMI'iii¢s aiml TIstee InvcslmL'nt {Scotland) Act 200$., becomL'S iI)LapaL>lL for n)LdiLal rLllSVllS uf carryiiig oiit hisih¢r dulics as a charity Iruslee - bui oiily if tliill has cnntinucd (vr is ¢xpLIlLd LOI)liniiL) far a PLriod of rnoi'c Illlii six iiioiilhs: is an Elccl¥d TruslLL and CL'ases to bc a menthLI- vl'tliL organisrfilion; i.s éln Apix>i11tcd TrustLL' ajid lil¥llr appvintmL'iil is ILrminatcd by Ihe board: IJL'Lnmc% Lin cniploycc c?f Ihc i?rbaiiisatioii' give% IhL IIIS1i tion a noiiL¢ of rL¥is•ii<ilion, signL'd by him/h¥r.' is al)scnt Iwiili(Iiil yood rL'.Isoii iii Il)¥ OPiI)ivJI of Ihe bo¢ird) troni more thali three cullslI11Ve inectiiigs of thc lard bui oiily if. Ihc h011 rd resolves io rciix)vc liinvhcr Irom ol'fiL¢' is rem()vL'd fr()In orrici by rOlution of ihe board on IhL' grounds thai he/she is considcrcd lo havL comniiitLd a material hrL'Jcli nl. tliL LodL ofcoiiduLI flir Lharity IwslLYS (as referitd lo in Llause 73 of IhL Lonstitulion); is I'cii)vvLd frDin c)IYIcL by rcsolLiliuii of the board uii th¢ grounds that hclshL is consider¢d lo have been in serious or persislLnl breÉich ol. IiislhLI' duiiLs uiidL'r SL'Cti01i 66{1) ur (2) 01. th¢ ChariliLs aiid frustee Invebtmenl {Scotland) Act 2005- nr is remov¢d from ofyicc by a resolution of Ihc menibL'rs pagsL'd al a members, meeting. The organisalion must have at Icast four ILustLLb and a maximum ot. twelve. wilh iiol morc than six elcLt¢d trusl¢es and not more than six appoinlcd trublecs. Tni.st¢es must appoint onc of Ihcir numbLr for Ihu. of ChairpLr4on, In addition with any othcr officeb wliich th¢ board Lonsidei- ¢TrPPIDpri.iie. All oifiLL bL'i11'L'rs will CL'asL lo hold di<il otfiie ai the Lui?Llusion ot ch A(iM bul niay thcii be r'JeCted. Office bLarLrs will LeasL' l() l)ulcl Ilieil. wsilioii ir Il)Ly L¥asi to be a Ll)(Il'ity Itee or on produLlion of a signed nolicc of resigni¢ tion. Ptige 4
Thc 5enlor Centre C4stltmilk ori of rhe Trustees ror Ihe I cxr Ended 31 Mai'ch 2025 STRUCTURE, CNOVERNANCE AND MANAGEMENT Or2anlsational structure Thc day to day runnin¥ of the company is Ihe duty of cin employed Ccnti'e Manager who r¢poi'ts dir¢¢tly lu tIi¢ Buard and l)as a wide tange of r¢sponsibiliiies covering the iniplemcntstion of policy. rcctuitmi'nt and training of slaff. financial management, and markcling & promotion. Thc board of tsvstees gov¢ms th¢ project und¢[ the terms of the Consi1tIOn and mecl regularly to set policy and take all major dccisions regarding th¢ organisation and fiuids, including the sclting of rLmuncratinn. Both the Centrc M&nagcr and the members of the board of trustees fall within the dcfinilion of key nianagcment personnel in these financial statemcnls. Induetlon and trainin% ot'new trustees The poliLicg ot. the company foi. thi indwtion and training of n¢'w BLiard mcrnbL'rs arc tailorcd 10 Suit the knowlL'dgL and expcriencc of the dppoinlce. Key man4gement remunoratlon Key m<inag¢ment p¢rsonncl remuncration is agrecd by thc TrubteL'S and rcviewcd annually. RFFFRF.NCE AND ADMINI.SiTRATIVE DETAILS Reglstered Ch#rlty number .8CO27449 Prlnclpal address 61 Dougric Drive Glasgi?w G45 YAH C.trntre M#n%(ver dependent Examlner Gillcspic & Andcrson 147 Tlaih Slrcct GI&sLIow G2 4SN Bankers The Co-operative Bank P() Rox 250 Skclmcrsd21e WN8 6WT STATEMENT OF TRUSTEES, RESPON51BILITTES The liuslees ai-L rL'sponsible toi. preparing Ilie Annual Repoit and tlie financial siatcments in aecoTdanc¢ with applicabl¢ law, aiid United Kingdom Accounlirtg Slaiiclards l UiiilLd Kingd()ni Generally Accepted AILoiinling Pi-a¢tiLL') ii)clvding FinanLial RLpoiliiis Standard I n2 'Tlie F ili4in¢ial Rcpui'tiiig Siaiid<ll'd applicable in lh¢ UK aiid Rcpublic ol. Ireland Page 5
Thes ni ntre gstlemllk ort of th¢ Trustees for the I'eai Etsclcil 31 Mi arLh 2025 STATEMEIYT OF TRUSTEES, RESPON.SIBILITIES - continued The law applicabl¢ to charitics in Scotland. (he CharitlC5 and Trustee Investment (Scotland) Act 20n5, Charities Accounts (Scotlai)d) Regulations 2006 (as ameiid¢d} and the provisions of the charity's constirution. rcquires Ihe trustc¢s to pr¢parc financial stslcmcnls for ¢ach finanLial yr which give a true and fair view of Ihc Ste of affaits of th¢ charity and of the inconling rcsourc¢s and appliLalion of rLbource8, inLludin&7 the income and expenditure, of the charity for that period. In pr¢paring thosc financial slat¢ments, th¢ trustLcs are requirLd to sclcct suitabl¢ accounting poli¢i¢s and then apply Ihcm consistently; observe thc Methd$ and principles in th¢ Charity SORP. make judgcments and estimalcs that arc rcasonabl¢ and prudcnt- prepare Ihc financial sratemcnts on thc going conccrn basis unl¢ss it is inappropriat¢ to pr¢sume that th¢ charily will onlinue in busin¢&s. The trnstees are responsible for keeping proper accounting rccords Thljich disclosc with reasonablc accuracy at any timc the financial position of thL charity and to enablc them to ensurL' that th¢ financial slalLmLnts cornply with thi Charitics and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Rcgulations 2006 (as amcndcd) and ihc provisions of the chariry's constitution. Thcy are also responsiblc for salcguarding the asscts of the charity and hcncc for taking reasonable gteps tor the prevcnts'on and dLtcclion of fraud and other irrcgularities. Examlner Thc Examincr, willingnc&% to ¢oniinue In ottice. ot GtllLspie & Andcrson, Chartercd Accountants, has cxprcssid a Approved by order of the board of trusleLS on l 8 SLpt¢mber 2025 and si¥ned on ils bchalf by: Page 6
Inde endent Exaininer'& R ort to tlie Trulitecs of nr Cent Casllemllk I report on the accounts for lh¢ year endcd 31 March 2025 set out on pages eight to nineteen. Respectlvc r¢sponslbilitie$ of trustees and ex#mlner Thc charity's trust¢¢s are rcsponsibl¢ for the preparation of the accounts in accordance with the Icrms nf the Charilics and Trustec Inv¢%tmenl (Scotland) Act 2005 and the Ch(Irilies Accounts {Sco¢land) Regulations 2n06 (a% amended). Thc charity's trus¢¢cs consider that the audit rcqiiir¢m¢nt of Regulalion l O(1 ){a) 10 (c) of the Accounts Rcgiilalions does not apply. It is my responsibility to cxamine the accounts as Icquired under S¢ction 44(1)l¢) of th¢ Act and to state whcther particular njatters hav¢ comc lo my aitcnlion. Basis of the independent exAmlner's report My examination was carried out in accordancc with Regulation I l of th¢ Chaiili¢s ALcounts (Scotland) Regulations 21M)6. An examination includes a review of Ihc accounting rccords kcpt by thc charily and a Lomparison of the accounts presented with those records. It also includes consideration of any unusual items or di10ur¢S in thL a¢counis, and se¢killg explanations from you as trust¢¢s concerning any such maltcrs. Thc proccdurcs uiidLrtakL'n do nol providc all the evidence that would be required in an audit, and ¢onsequently I do not cxpr¢5s an audit opinion on th¢ view giv¥n by the accounts. Independent examlner's itatement In conneciion with my examination, no matter has come lo my attention . ( l ) which gives m¢ reasonable cause to believe that. in any material r¢spect. the rcquirerncnts to kcep accounting recordq in accordan¢¢ with Seclion 44(1)(&) of thc 2005 Act and RcbFulation 4 of thc 2006 ALcounts Regulatiiins- and t() prLparL' acci)unts whi¢h accord with the accounting reuords and to cornply with RLgulation 8 of thc 2006 ALLounts Re&pulations havc not l)ccn nict; or 12) to which, in rny opinion, atl¥ntion should b¢ drawn in ordcr to enablc 2 proper undcrstAnding ot the accounts to be rcachcd. Gillcspie & Andcrson 147 Bath Street GIg0W G2 4SN 18 Scptembcr 2025 Page 7
The Senior Cenlre Castlemilk Statemenr of Flnunclal Actfvltles fur Ihc Year End¢(l JI MarLh 2025 2025 Total funds 2024 Total nds Unrcstricted nd Rcstricted funds No*s tNCOME AND ENDOWMENTS FROM Donation5 and lega¢i¢s 9,311 9,380 8,159 Cbaritable actfvldes Charitabl¢ activities 64,000 206.214 270,214 215,884 Oth¢r trading activiti 73,997 35.867 lQ9,864 10.3,398 Total 147.377 242.081 389,458 327.441 EXPENDITURE ON Raising fiAnds 17,570 10,000 27.570 27.665 Charltable actlvltles Charilablc activities 89,919 234,383 324,302 308.324 TotAI 107,489 244.383 351,872 335,989 NET INCOMEI(EXPENDITURE) 39,88 (2,302) 37,586 (8,548) RECONCII,IATION OF FUNDS Total funds broughr forward 145,353 27.444 172,797 181,345 TOTAL FUNDS CARRIED FORWARD I X5.241 25,142 210.383 172.797 The noles form part of these tinancial statements Page 8
The Senior Cenlre Ca5tlevnllk alance Sheet Imar 2Q25 Total funds 2024 Total funds Uni'estricted fund Reslricted Not¢s FIXED ASSETS Tangible assets 12 17.005 17.005 14,844 CURRENT ASSETS Stocks Debtors Cash at bank and in hand 13 14 70Q 38,962 153,661 70 38,962 163,661 700 51.701 115.923 10,000 193,323 10,000 203,323 I C)8,324 CREDITORS Amounts falling due within one y¢ar 15 (8,082) (1,863) (9,945) (10,371) NET CURRENT ASSKTS 185,241 8,137 193,378 157,953 TOTAL ASSETS LESS CIJRRF,NT LIABILITIES 185,241 25.142 210,383 172,797 NET ASSETS 1115,241 25,142 210,383 172,797 FUNDS UnrrblricW.d tiinds Rcstricl¢d fund¥¥ 16 IXS,241 25,142 145.353 27,444 TOTAL FUNDS 210,183 172.797 ThL. fuiancial stalem¢nts wcre approvcd by th¢ Board of Trustees and authorised for issue on 18 Septcmber 2025 and were bigncd on il% bchal r by.. The noles form part of these financial stalcm¢nls Page 9
The enlor C ntr stlemilk tes to the FinHTrcial St2tements rth ear b',nded.11 March 20 ACCOUNTING POI,ICIES Basi5 of preparing the flnanclal 5t8tements Th¢ S¢niur Centre Casilemilk 18 a SCIO registered in Scoilai)d and operating from the priiicipal address as stated in thc Trustees Report. The financial slatc¢t5 r¢late to the chariiy as an individual entlty, wilh the pr¢senlalional curr¢ncy stated as thc Pound Sterling {£) and round¢d to the nearesi pound. Thc financial stalem¢nts of thc charity, which is a public bcn¢fit ¢nti¢y under FR.8 102. have bccn prepared in accordancc with th¢ Charities SORP {fRS 102) 'AcLounting and Rcporting by Chariti¥'s: Statcrnent of Rccommendcd Practicc applicabl¢ to charitics preparing their acLouniS in accordanLL with IhL. Financial Reporting Standard applicablc in Ihc UK and R¢public of Ircland (FR.8 102) (cffectiv¢ l January 2015),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in IhL UK and R¢publiL or Irel,, the 8¢0tti8h Charitabl¢ Incorporatcd Organisations Rc8ulalionb 2011 and thc CTharitics aiid TrusleL' Inv¢slmenl (Scotland) Act 2(JO5. Going concerm The trust¢cs consider that thcro are no rnaterial unccrtaintics about the charitgs ability to conlinuc As a going ¢oncL'm. Thc charity has a stronb, balanc¢ sheet with Sibinificant batth bolonccs to meei its littbilitie8 a&+ and whcn IhL'y fall diic. Aller rcviewing thc ¢harily'S for¢casi% and projL'Llions. thL tiiistecs hav¢ a reasonable L'XPCCtativn tli¢il thL Charity has adequatL rLtsourLcs lo ¢ontinuc in operational existence for thc fores¢¢able luturL' th¥y thercfore conlinuL to adopt ihc going concern basis in prep16 rinbF Ihet>e tinanLial stat¢meiits. Crltlcal accountln% jud%ements and key sources ofestlmgtlon uncertilnty In IhL' appli¢alion of thc Lharity's d¢Loiiniing policics, thc Trusiux's arL rL'quired lo makc judgcmciits, cstimatcs and assumption5 alM)ui thc carrying amount ot assets and liabililies Ihal arc not readily apparent from utiier sour¢¢s. ThL' cstirnatcs and assoLiatcd assumpiiuns Hre bas¢d on a histDrical LxpcrienLe and other factors that are considei'ed to be rclLvant. Actual r¢sults may differ from ei>timatLd. ThL Lslimalid and undLrlying assumpiions arc rcvicwed on an ongjoing basis. Rcvisions to accoiinting cslimales are rLLvgnib¢'d in IhL PLriod in which thL ¢siAmaiL' is rcvised whLrc the revision affccltry only that peri(Kl, oi. ili thc pcriod of thL 'visIO17 and tUre pL'rivds wherc thL rLvision affccts both Lurrcnt and furure p¢riods. The Trustees Lunsidcr that IhLrL are no LStimalc,%. judgcmenls or dssumplion% made in ihe pro¢¢ss ot'applying the entity's a¢¢nuniinb polilic) that havL ti signifi¢anl ¢ffLL( on the amounts rL¢og7nised in the aLcounl.%. or a significant ri&k of causing a malcrial adjustnK"nl to the Larrying amounts of se1 and liabilities within the next reporting p¢ri(?d. Income All iiiLoming resourLcs are iiicludcd within thc Slalcmcnt of FinanLial Activities when th¢ cliarity is entitled io thc it)Lomc and th¥ aniount Lan bc quanlifi¢d with rc(Isonablc a¢¢uracy. The lolluwin8 specific policies ar¢ <wplicd lo parti¢ulai' calcgories of iiicome. Donaliuns and legacies inLlude income relating to grants. memberbhip fees and donations, all fully included in thL SiatL'mLnt of Idinan¢Aal Activities when re¢eivable. Grants where entitlemenl is not conditional on ihc dclivery of a specific perlormance by the charity are reco&ini%L.d wlien the charity becomes unconditionally enriilc(I lo tlic grant. ThL' value of. services provided by voluntcers l]as noi been included in these financial 51alcrnenls. Other trading activilics inLludes inconie from tiiiidralsing events. letting of the premises and inL'ome froni the LafL (inLluding cafe subsidy), and are reLO8nised wlien goods & serviLes are provided lo the end users or when thc events are held. GivLn Ilie abscnLe uf a reliable nieasurement basi%. recognition of the conlribulioii of general volunteers by pl4iLiiig a niun¢(ary value on tlie s¢rviLes Ihey have provided cannot be done and therefore thi% has not been in¢lud¢d (IS IlILum¥ in th¢s¢ fiiiaiicial siatements. Page 10 continued.
stlemil ,Yot¢s to thc financial Stat¢ment%- continu¢d foi. th¢ Ycmr ndcd 31 Illai'ch 2025 ACCOUNTtNG POI.ICIES- comtinued Expendilure Expcnses of the charity arc rccosnised when a liability is incurred and inGlud¢% any VAT Ihai cannot be fully recovcred. V A T is rcportcd as part of the cxpcnditur¢ to whiLh it rclales. Expenditure in¢urrcd but not paid in th¢ current financial y¢ar is accrncd into thc financial statem¢nts where appropi'iate. Expenditure on raising ndS consists of tlie costs incurr¢d in th¢ operation of the Caf¢, recogniti¢d when goods are invoiced by suppliers to the charitys salisfacliou. Charitabl¢ activities costs include both direct costs in providing activities to mcmbcrs and support rosts, being those management and governance costs required to k¢¢p the Ccntrc opcration&l and thcrcby m¢cl Il)e rharitys charitable objectives. Support ¢osts ar¢ allocated wholly to ¢harilable activiti¢s. Governance costs include direct resources expended in the general running of iho charity and ar¢ priniarily assoLiated with external examination fccs and LhargL's levicd by GCVS in relation to payi'oll prLp(gration, Thcsc cn>*ls are also allocated entirely to charilable activitie.s. Tangihle fixed as$ets DLpreLiation 18 pruvidLxl at the following anniial rdles in ordcr to write off each assct over its estimat¢d lis¢1 lit¢. Improvcments to propcrty Fixlurcs and fiiiings ConipulLr Lquipfflcnl 40/0 ()n cost 20 /n 01) Cost 20/v on cost It is thl poliLy vf th¢ ¥harily nol to ¢onsidcr itL'ms of expeiiditur¢ Icss than £ 1,000 for capilalisation. Th¢ Trustces rcvicw tai)8iblL abSL'tS Vli annual b<15iS lo d¥lLrminc wliclher any indicatoTr of inipairmenl are present and whLther Ilic Larrying V¢alue of thisL ass¥l% LXCLed> thL rccovLrablL amounl. making) Ihc rclLvani provisiun wherc rcquir¢d. Stocks SIoL.kb ar¢ valucd on a "fir¥t-in-firsi out" basis, at th¢ lowcr ot. Lost and nLt rLalisablL valu¢, after making diie allowancc for obsvlctc and slow moving items. Taxatlon The charity is Lx¢mpt from thx un its ¢harit(Iblc aclivitiLs. Fund accounllng The Lharity ¢onsists of a singl¢ unrcstricled general fund which is available for use al thc discrction of tl)e trustLLs in lihern¢¢ of thc gLnLral objL'LLivcs of thc charity. In ad(lition, thLrc arL scparalc i-Lslri¢ted funds iii rLlation to 5pecifiL projects where hinds are re¢¢ived and LxpLiidilurL' is mlldL in line with ihe 51ri¢l specilicaliuns of thL rcspectlVL' doiiors ror the year under review. theIe reslrictcd funds al'e a5 lollows.. (ilasgow Con]muniliL's lund. Improving Lile fund (formerly Lovid-19), the Elig Lottery fijnd, the Computers fund, the Buildiiigs liind. Age SLOtland. the Law Centre fuiid and the GCVS W¢llbciiig Fund. Moni¢s received froni di¢ Glasgow Communilies bund (Integra(1 Grant Fund) and ihe Improving Lives tund are UbLd to LUVL'r the Lol'e Losis of tlic Cenire. iiicluding salaries and Ihe costs associated with providing services to th¢ nienibers, ds pennitled by (he nders. ThL. Bi8 Lottery fuiid has i'¢v¢rted baLk 10 ils origioal Plirpose {organising visits 10 culttwal events and activittes for th¢ mLnibei's of th¢ ¢ei)ti'L) following Ilie lenipvrary Lummuniiy work taken Dn by the charity (delivery f)f mculs & a¢liYilies. al()ng with kceping in IouLh with ni¢nibers) during the p¢riods ofresiriction. Page 11 continued..
Th¢ Selliur Ceiilre Castlemllk ¥ot¢s to tlie Financial St?tctnCtS - contlnued the Year ty'nded .11 Mi Ar"h 2 ACcOU1NG POLICIES- contlnued Fund accountlng Funds dcscrib¢d as "Fjuilding" and "Cornpu¢¢r were received historically purchase fixed assets, with Ihc r¢servcs bcing progr¢ssiv¢ly reduced ¢a¢h year by Ihc annual depreciation chargcs calculai¢d on the assets thus fund¢d. Other grants r¢ceivcd in the ycar and their purwses w¢r¢ as follows: - Age 8cotland .' awdrd used to fund th¢ Centre Christmas party, Law Cenlre.. award used to nd thc Law cent'S Sknnior Pruj¢cl. - GCVS Wellb¢ing Fund (fomierly Friday F¢ods): funding to provide fr¢¢ mcals ev¢ry Friday for mcrnbers. Penslon costs and other po$t-r¢tirement benefits The charity operatcs a dcfin¢d c<)nlribution p¢n8ion schom¢. Contributions payabli lo the Lharitys pLnsion scheme are Lhargcd io the Statement of Fiiiancial Activities in ihb period to whiLh they rLlai¥.The rclaicd liability and exp¢'n%e are allocatcd bclwc¢n tunds in linc with th¢ tr¢almcnt adopiLd fvr illl payroll Losts pertaining to the employees. Flnaneial Instruments The Lharily ha% iio Lomplex tinancial instruments. but does hold basic financial instnuncnls of cash at bank and in hand. dcbiors and creditors. Cash at bank and in hand is included with any overdraft shown within current liabiliti¢'s, rcLogniscd at hi8toi.ic cos(. Oihei. d¥biorb ari inilial ly r¢¥ognised at (rallLI10n pricc and subsLquL'ntly nieasurcd al amortised L'ost u¥in&> the cft"eLlive inlercst mLthod. les% any impaimienl for bad debts (excLpl wh¢rc IhL' L.ffect of dit>counting would be inimalLrial, in whiih case, oih¢i dLbiors I1 srared at cost ILSS impairniLnt). Similarly, othcr Lrcdilors arL' inilially r¢Lo&?nised at transaction pricc and subsequcntly nieasured at amortlSL.d L'oyr iisinby th¢ ¥ffectivc intLI'cst m¢thL>d. I¢1• any impairmLnt for non-payment (CXCLPt where the cffecl of discounting would bL immatcrial, iii whiLh Lase. vlher crcdicors are stated at LOSt Icss impairnicnt. Employee benefits ThL' tolal co,81 of Lmpl(Tryce k'n¢tits to wliicli Lniployurs have bL'comc entitled as a result of service rendcrcd lo the Lntity during thl reporting pLriod are recognised aiid Lharged to ihe profil and loss accouni in the period to which thL'y relalc. Provlslon for Ilabilltles A provision is initially I'e¢ogTiiis¢d whcn Ih¢rc is an obligthtion at ihe balance she¢l dale as the result of a pasi evcnt, it is prvbabl¢ that therc will be Ili¢ transfer of funds in SLiil¢mcnt and th¢ amount of the obliuyaiion can bc LStimatLxl rcliably. Th¢ pi'uvision is subsLqucntly measur¢d by plaLing a cliarge against the provision oiily for L'xpenditurL' for which the provision was originally recognised. DONATIONS AND LEGACIES 2025 2024 Donations Membcrship fees 120 8,039 9,380 9,380 8.159 Page 12 ontinued..
The Senlor Centre Castleniilk Yotes ¢0 the fi Inanclal Statcmenfs - Coiitiiiued for the Year Ended 31 Imarch 2V25 OTHER TRADING ACTIVITIES 2025 2024 Fundraising cvents Cafe takings Cafe subsidy Room hir¢ 58.002 44,385 5,062 2.415 55,454 39.893 5,496 2,555 109.864 103,398 IYCOME FROM CHARITABLE ACTIVITIES 2025 2024 Activity Charitablc activities Grants 270,214 215.11114 Grants r¢c¢ived. includ¢d in the above, arc a5 follows.. 2025 2024 Ag¢ Scotland Big Lott¢ry Communitics Fund GldSgOW'S Council for the Voluntary S¢ctor Arca Partnership Bank ot. Scotland Empowcr Foundalion HOMF. STOtiE + MORE Thc Wood Foundatii)n YPI Indepcnd¢nt AgL UK 1,500 97.nOO 97,714 10,000 500 95,550 97,714 2n,000 2,120 50,000 1,000 3.noo i 0,000 270,214 215,8X4 RAISING FUNDS Other tradlng actlvltles 2025 2024 Purchascs 27,570 27,C)65 CHARITABLE ACTIVITIES COSTS Dircct Costs (s¢ notc 7) ,Suppon ¢osl.% Iscc note 8) Tolals Charitable activities 58.398 2(15,904 -124.302 Page 13 ontinued...
The Senior Centre Castlemilk Notes to the financial Statcinenls - Lontiiiued lor Ilie Year Ended 31 Imarch 21J25 DIRECT COSTS OF CHARITABLE ACTTvfTIES 2025 2024 Outings Transport Activilies 34.046 9,852 14.500 35,724 5,330 1,558 58.398 52,612 SUPPORT COSTS Governance costs MaiiaguiiLnt Totals Charitable activitics 260.974 2C?5.904 Support Costs, includ¢d in thc above, are as follows.. Management 2025 Chdrilablc aclivilics 2024 Total activilics Wages Social sccurity Pen.8ions Insurance Light and heat Tclephone Postagc and stationery Sundi'ics Repairs & maintenance Cleaning Training Depreciaiion of tsngiblc and heriiage assets 186,363 10,128 3.750 2,693 21,069 8,618 1,842 6,644 14,749 2,816 183.967 9,136 3,700 5,472 16,3116 9,269 2,525 7,467 6.?14 2,764 1,685 1,409 2,302 260,974 249,994 Governance costs 2025 Charitable acrivities 2024 Tnlal activities Examination fec Professional fees GCVS charges 3,120 3,360 840 1.518 1,810 4,930 5.718 Page 14 continucd...
The Senl r Cenlre Ca$tl mllk N t¢5 to the FlnanLial Sttements- contlnued f r th¢ Year En 31 MarLh 202 TRUSTEES, REMUNERATION AND BENEFITS Thc Constittition prevents cmploy¢¢s from becoming trustLCS of the cliarity. ConsLyuenily. no bo(Ird m¥mber rcceived any rcmuneration in eithL'r ihe currLnt or prLvious financial pLriod in LonncLtion with Ihi pobition liLId. Trustees, expenses Thcre were no trustccg expL'nses paid for Ihc ycar endod 31 MarLh 2025 nor for Ihc ycar endLd 31 March 2024. io. STAFF COSTS 2025 2024 Wages und salarics Sucial sccuriry cus15 Other pLmsion costs I IIC).363 10,128 3.750 183 C)67 9,136 3,700 200,241 190.803 Thc averagL moiithly numbL'r of employees during ihc year was follows: 2025 2n24 Administrative staff No cmployccs reLcived emolurncnls in excLJS of £611,000. Key rnanagernent p¢rsonncl rcmunerntion totals £50,687 (2024 - £49,121) for the year under rknview. ii. COMPARATIVES FOR THE STA TEMENT OF FINANCTAL ACTtVlTIES UnrcstriclLd nd Rcstrict¢d funds Tolal funds INCOMF. AND F.NDOWMENTS FROM Donations and legacies 8,160 (i) 8,159 Charltable *ctlvltles Charilablc activilics 215,R84 215,884 Oiher trading activities 67,637 35,761 103,398 Total 75,797 251,644 327,441 EXPENDITURE ON Raising funds 17,665 10,noo 27,665 Charltable activit1¢% Charitable activitics 74,571 233,753 308,-124 Total 92,236 243,753 335.919 NET INCOMEI{EXPENDITURE) Trydnsfers between funds I I C),439) (855} 7.891 855 18,548) Net movement in funds (17,294) 8.746 18,54fg) Page 15 conli nucd...
I'he Senlor Centr¢ Castleniilk Yote.s to tlie fSnanLial St*lcmcnl% - coiitiiiued lor tlie Year Llldcd JI ,Marcli 2025 ii. COMPARATIVES FOR THE STA TF.MENT OF FINANCIAL ACTIVITIES- eontlnued Unrestrickd Rcslricted fund fundy Total nds RECONCILIA TION OF FUNDS Total funds br()u¥ht forward 162,647 18.698 ISl,345 TOTAL FUNDS CARRIED FORWARD 145,353 27,444 172,797 12. TANGIBLE FIXED ASSETS Improvcmcnts to propcty Fixtllres and fiiiings Compuier cquipmcnt Totals COST At l April 2024 Additions 20.836 13,003 77,823 4,463 4.463 At 31 March 2025 20,836 48.447 13.003 82,286 DEPRECIATION At l April 2024 Chargc tor ycar 8,330 833 41,649 ,469 13.000 62.979 2,302 At 31 March 2025 9.163 43,118 13,000 65,281 NET BOOK VALUE At 31 March 2025 11,673 5,.329 17,005 At 31 March 2024 12,506 2,335 14.X44 13. STOCKS 2025 2024 Cafe stock 700 70n During the year under review. slock purchased for the cafe and recognised as an expense is reflected in the SOFA as purcha5CS Wlthin the seLtion headcd "Raising thnds" 14. DEBTORS: AMOUNTS FALLINI: DUE WITHIN ONE YF.AR 2025 2024 Oihcr debtors Funds hcld at GCVS Prepaymenls and accrucd incomc 1.429 49,236 1.036 37,877 1,085 38,962 51,701 Page 16 conlinucd,..
he Senlor Castlemllk Yotes to the Flnunclal StatemcMts- continued for rhe I'eiir Ended 31 March 20Z5 15. cREORS. Amoumfs FALLING DUE WITHIN ONE YEAR 2025 2024 Oth¢r Creditors 9,945 10,371 16. MOVEMEIYT IN FUNDS Net movement in thnds At 31.3.25 At 1.4.24 UnreStr1¢t funds Gencral fund 145,353 39,888 185.241 Reslrl¢ted funds Compu¢¢r Building GCVS Wcllbein8 Fund (fornicrly Friday Feeds) 17,443 (2.302) 15,141 10,000 10,000 27,444 12,J02) 25,142 TOTAL FUNDS 172.797 210,383 Nel movcment in fUTs, includ¢d in thc above arc as follows.. Incoming rcsourL¢s Resources expcnded MovLmcnt in fund8 Unrestrlcted funds General tiind 147,377 (107,489) 39.%8 Restrlcted fund Building Big Lottcry lrnproving Life Cotnmuiiilics Fund Age Scotland GCVS Wcllbcing Fund Ifom]erly Fridily Fccd5) Thc Law Centrc (2.302) (25,1167) (97,1)nO) {97,714) {1.5QO) {2,302) 97,000 97.714 1,500 In,noo 10.000 ( i o.ono) I i 0,000) 242,0111 (244,3X3) (2,3Q2) TOTAL FUNDS 3IIC).458 (351.872) 37,586 Page 17 continued.
Th ni entre Castl milk Yotes ro the finunci&T Statements - continued r thg Year En March 2025 16. MOVEMENT IN FUNDS - continued Compydratives for mTrvtment in funds Nct movcment in tsnd.s Transfers belwecn nds At 31.3.24 At 1.4.23 Unrestrl¢ted funds Gcncral fvnd 162,647 {16,439) (R55) 145,-153 Reslrlcted funds Computcr Building Improving Lif¢ Agc Scotland GCVS Wcllb¢ing Fund (formerly Friday F¢¢ds) 15.972 2,725 760 17,44.1 {2,725} 195) 95 10,000 10,000 18.6911 7,891 855 27,444 TOTAI. FUNDS IXl,145 (51,fj4X) 172,797 cOmpatiVe net movcmenl in funds, inL'ludcd in thc above are as followa.. Incoming rcsources Rcsourccs expended Muvcment in fijnds Unre$trlcled funds Gencral fund 75.797 {92,236) (16,439) Restrlcted funds Buildin Big Lottery Improving Lifc Commuiiitics Fund Ag¢ Scoiliiiid GCVS W¢llb¢ing liund l (ornierly Friday F¢s> 2.120 -35.761 95,549 97,714 500 (1,409) (35.761) (9X,274) (97,714) (595) (2,725) (95) 20.000 I I rJ.IK)01 I i),000 251.644 (243.753) 7.891 TOTAL FUNDS 327,441 1335.9891 (8.548) Total fidS Carried fonvard reflect not oiily th¢ Icvel of reserve5 considercd prndent by lh¢ trustecb bul also Ihe timing ot. grant income received. Income is rcqulred to bc rtcognised in the year of cntitled rec¢ipt bul may not actually be spent until the following fii)ancial ycar, wherc thc fiinds concemcd will reduce accordingly. or example. tlie GCVS Wellbeing Fund (formerly Friday Feeds} rcccivcd incomc in thc year which includ¢d an amount of £ l 0,000 which is earnurked by tlie tunder for spend in the 2025126 year. Page 18 continued..
Senior Centre Casllemllk t t the Fin&nelAI Statements - contln rch 2025 17. EMPLOYEE BENEFIT OBLIGATIONS The charity made contribiilioiis in the year lo a defined contribution pension scheme, in compliance with the rcquiremenls of th¢ auto-enrolment rcgulalions. Contributions in th¢ year amounted to £3,750 (2024 - £3,700), with no outstanding contributions payable al the year end (2(124 - nil). 18. RELATED PARTY DISCLOSURES No donations werc madc by the Trustccs during the current financial ycar or the year to 31 March 2n24. 19. ULTIMATE CONTROLLtNG PARTY Thc Senior C¢ntr¢ C2stl¢milk convcrtcd frorn a company limitcd by guarantee to a Scottish Charitable Incorpordt¢d Or&yanitI0n (SCIO) in 2015, and Lvnsequently has no sharc Lapital. Subject to any brcaLh of thLir Icgal duli¢s scl out in thL Charities and TriibtL'e Tnvesimenl (S¢olland) ALt 2005. the mcmbcrs and rrust¢¢s have no liability to pay any sutn5 to help mLLt th¢ debrts or liabilitikns ul the SCIO if i( wound up and thus. in the opinion of the trust¥¢s, th¢ chaiity has no ultinuic controllins party. Page 19
The Senior Cemtre tl milk Det8lled Stlllenicnl of Tr'inancial ilLlivilles forlh Y ar ded 31 March 2 2025 2024 INCOME AND ENDOWMENTS Donations and legA¢les nnalions Mcmbcrship fccs 120 8.039 9,380 9,380 8.159 Olher tradlng aetlvldes Fundraising cvcnts. Cafc takings Ciifc subbidy Room hire S14,2 44,385 5,062 2,415 55.454 39,893 5.496 2,555 109,864 11)3.398 Charitable activltles Grant¥ 270,214 215,8114 Total In¢omlng resources 389.458 327.441 EXPENDITURE Other tr&dlng A¢tlvltles Purchasc8 27,570 27,665 Charltable aetlvltleB Outin8t• Transport Activities 34,046 9,852 14,500 35.724 11.558 58,.398 52,612 Support costs Management Wagcs Social security Pcnsions Insurancc Light and h¢at T¢l¢phonc Postage and 5tationcry Sundri¢s Repairs & maintenan¢¢ Clcaning Training Improvcmcnls to propcrty Fixtures and fittings 186,363 10,12 183,967 9,136 3.700 5,472 16,-186 9,269 2.525 7.467 6,214 2,764 1.685 833 576 2,693 21,0fi9 8,618 1.842 6,644 14,749 2.816 833 1,469 260,974 249,994 This pag¢ does not forni part olthe statutory financial slatcmcnts Pag¢ 20
The Senlor Centre Castlemllk D¢tallcd Statement of Flnanclal Aeilvities flir illi. Yi'ai. Endcd 31 March 2025 2025 2024 Management Governance costs Examination f¢e Profcssional f¢¢s GCVS charg¢s 3,120 3,360 840 1,518 1.810 4.930 5,718 Total resourr¢s cxpcnded 351,872 335,989 Net In¢om¢l(expeDdltur¢) 37,586 (8,548) This page does not forn) part of the statutory financial statements Page21