REGISTERED COMPANY NUMBER: SC188703 (Scotland) REGISTERED CHARITY NUMBER: SC028182
Report of the Trustees and
Financial Statements for the Year Ended 31 December 2025
for
The Coach House Trust
Brett Nicholls Associates Herbert House
24 Herbert Street Glasgow G20 6NB
The Coach House Trust
Contents of the Financial Statements for the Year Ended 31 December 2025
| Page | |
|---|---|
| Reference and Administrative Details | 1 |
| Report of the Trustees | 2 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 15 |
The Coach House Trust
Reference and Administrative Details for the Year Ended 31 December 2025
TRUSTEES A J Mcneill - Chair (appointed 10.3.25) K J Andrew N O Andrew (appointed 22.1.26) H M Runciman J Drummond (resigned 29.1.25) D Gerber (resigned 10.12.25) J Swiss (resigned 06.01.26) REGISTERED OFFICE 84 Belmont Lane Glasgow G12 8EN REGISTERED COMPANY NUMBER SC188703 (Scotland) REGISTERED CHARITY NUMBER SC028182 INDEPENDENT EXAMINER David Nicholls FCCA Brett Nicholls Associates Herbert House 24 Herbert Street Glasgow G20 6NB BANKERS Bank of Scotland PO Box 17235 Edinburgh EH11 1YH
Page 1
The Coach House Trust
Report of the Trustees for the Year Ended 31 December 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 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 aims
The objectives of The Coach House Trust are: to promote the welfare of persons in Glasgow and its environs who are either disabled or have had long-term mental health or addiction problems by encouraging their re-integration into the community through formal and informal training and education; to relive the poverty and distress of these people by aiding them to advance into employment; to preserve, restore and improve the environment in Scotland through the provision, maintenance and improvement of public open space and other public amenities and other environmental and townscape regeneration projects.
Volunteers
The Board acknowledges the valuable contributions of a pool of part-time volunteers.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
The main areas of activity in 2025 continued to be the work of the charity and the continuing development of Buchley Ecocentre our wholly owned green waste composting subsidiary.
Throughout 2025 The Coach House Trust continued to see a gradual increase in the number of services users attending workshops in Art, Music, IT and Gardening. The economic downturn has impacted the levels of income being generated through the personalisation budgets from local authorities. We have also seen the economic downturn impact the availability of funding through grant sources with an increasing number of charities applying to the same available funding pots resulting is a growing competitiveness in funding applications. We continue to pursue all available funding avenues in the promotion of our existing work supporting excluded and vulnerable adults and to widen the scope of the activities that we can provide.
Our support delivery continues to be fully building and gardens based. It should be recorded that the service has been maintained, in the face of budget constraints due to the current financial crisis, by the retention of and credit to the commitment and hard work of our staff team and volunteers.
Glasgow City Council ceased funding us as of April 2023 with the loss of The Glasgow Communities Fund as a large source of support. We have maintained a level of Self-Directed Support (SDS) funding for service users referred to us through Glasgow City’s Health and Social Care Partnership (HSCP) and other local authorities. We are grateful to the Bank of Scotland Foundation who have provided us with essential funding through their REACH programme, The National Lottery for funding us through their Awards for All Programme, Glasgow City Council for funding us through the Hillhead Area Budget, The Scottish Government’s Wellbeing Fund and The Hugh Fraser Foundation these have helped us in the delivery of workshop activities for our service users. We were successful in our tender to Glasgow City HSCP Framework to provide building based support in both Mental Health and Learning Disabilities.
Buchley Ecocentre, our trading business, continues to improve with positive trading figures returned while we pay down historical debt and incurred the costs of site improvements to meet Scottish Environmental Protection Agency requirements. The return from Buchley Ecocentre to the parent company now forms the main source of funding for The Coach House Trust.
FINANCIAL REVIEW
Financial position
The charity incurred a deficit of £20,170 for the year ended 31 December 2025 (2024: deficit of £25,880). The total funds as at 31 December 2025 were £356,289 (2024: £376,459).
Reserves policy
The Board's policy is to meet current expenditure from current income, with the additional objective of building a cash reserve to cover at least three months' expenditure.
At balance date the charity held reserves of £356,289 (2024: £376,459). Of this £196,655 were unrestricted free reserves (2024: £212,625) and £159,634 represented the Net Book Value of the charity's fixed assets (2024: £163,834).
For the year under review three months' expenditure equalled £46,502 therefore the trustees are satisfied that this policy is being met. Funds held in excess of this amount will be reinvested in the development of the charity.
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The Coach House Trust
Report of the Trustees for the Year Ended 31 December 2025
FUTURE PLANS
The charity aims to continue making an impact in the community through its current operations supported by funders. In addition the aim going forward is to source and develop more outreach opportunities to take the work of the CHT in to other parts of the city, to source new external funding opportunities and to grow and expand the trading subsidiary.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The company and the group, which is a recognised charity in Scotland, is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association.
The principal activity of The Coach House Trust in the period under review was that of promoting the welfare of persons in Glasgow and its environs that are either disabled or have long term mental health or addiction problems by encouraging their re-integration into the community both through the formal and informal training and education. The principal activity of Buchley Eco Centre was the composting of green waste and related activities. CHT Sustainable Futures is a non-trading subsidiary.
Recruitment and appointment of new trustees
The management of the company and the group is the responsibility of the Trustees who are elected and co-opted under the terms of the Articles of Association.
When new directors are appointed, they are provided with a short induction and training programme. The programme includes awareness of the statutory duties and responsibilities of a charity director, awareness of the aims and objectives of the Coach House Trust and awareness of the various aspects of the Trust's operations.
Organisational structure
The Coach House Trust (CHT) is managed by a Board of Trustees, who are also the directors for the purposes of company law, all of whom are volunteers. The names of the trustees are as noted on page 1 to the financial statements. The Board's skills are wide ranging covering areas such as finance, HR, mental health and business development. The day-to-day operational management is carried out by the Chief Executive. The Board and the Chief Executive, who are the key management personnel, meet six times a year to discuss the strategy for the organisation and to monitor its delivery. In addition there is a Board for Buchley Eco Centre (BEC) which includes representation from the CHT Board, an industry expert and the Chief Executive of the CHT. This Board reports to the main CHT Board. There are administration staff at both CHT and BEC along with workshop tutors in all the areas in which we deliver to our service-users. In addition we have a group of volunteers who support the workshop tutors.
Pay Policy & Senior Staff
Pay of staff is reviewed by the Board annually and where finances allow, cost of living adjustments are made. The Board monitor pay rates in the sector and consider that senior staff are appropriately compensated.
In the opinion of the trustees there is one member of key management, the Chief Executive. Total employer costs for this role in 2025 were £56,456.
Risk management
The Board regularly review the major risks to which the charity is exposed and systems are put in place to strengthen financial and operational controls. The major risk to the organisation is the provision of funding and that being reduced or removed combined with the risks if the organisation was not being run as effectively as possible in a financial sense. To that end risk is mitigated by having independent management accountants providing monthly management accounts and highlighting any issues or potential problems on the horizon in order that these can be dealt with timeously. Further mitigation of risk is the oversight and governance of the Board which is made up of professionals working in the health, finance and HR sectors who meet six times a year to discuss with the Chief Executive the performance of the organisation and any concerns.
26/08/2026 D7660000-6CB2-8AE6-CC90-08DF03686EC6
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
~~.............~~ ...................................D7660000-6CB2-8AE6-CC7F-08DF03686EC6 ~~.............~~ .............. A J Mcneill - Trustee
Page 3
Independent Examiner's Report to the Trustees of The Coach House Trust
I report on the accounts for the year ended 31 December 2025 set out on pages five to fifteen.
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 :
-
(1) which gives me reasonable cause to believe that, in any material respect, the requirements
-
to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
-
to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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D7660000-6CB2-8AE6-CCA5-08DF03686EC6
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David Nicholls FCCA Fellow of the Association of Chartered Certified Accountants Brett Nicholls Associates Herbert House 24 Herbert Street Glasgow G20 6NB 26/08/2026
D7660000-6CB2-8AE6-CCAA-08DF03686EC6 Date: ...... ~~....~~ ......................... ~~....~~ ......
Page 4
The Coach House Trust (Incorporating an Income and Expenditure Account) Statement of Financial Activities for the Year Ended 31 December 2025
| Unrestricted Restricted funds funds Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 3 33,308 29,170 Charitable activities 4 Charitable Activities 92,862 - Other income 5 10,500 - Total 136,670 29,170 EXPENDITURE ON Charitable activities 6 Charitable Activities 156,840 29,170 NET INCOME/(EXPENDITURE) (20,170) - RECONCILIATION OF FUNDS Total funds brought forward 376,459 - TOTAL FUNDS CARRIED FORWARD 356,289 - |
2025 Total funds £ 62,478 92,862 10,500 165,840 186,010 (20,170) 376,459 356,289 |
2024 Total funds £ 43,009 100,509 5,000 148,518 174,398 (25,880) 402,339 376,459 |
|---|---|---|
CONTINUING OPERATIONS
This statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities in both years.
Comparative figures for the previous year by fund type are shown in Note 12.
The notes on pages 7 to 15 form part of these financial statements.
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The Coach House Trust
| Balance Sheet 31 December 2025 Notes FIXED ASSETS Tangible assets 13 Investments 14 CURRENT ASSETS Stocks 15 Debtors 16 Cash at bank and in hand CREDITORS Amounts falling due within one year 17 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 19 Unrestricted funds: General fund Fixed Asset Fund TOTAL FUNDS |
2025 £ 159,634 197 159,831 557 121,712 108,219 230,488 (34,030) 196,458 356,289 356,289 196,655 159,634 356,289 356,289 |
2024 £ 163,834 197 164,031 557 137,552 131,748 269,857 (57,429) 212,428 376,459 376,459 212,625 163,834 376,459 376,459 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
26/08/2026
The financial statements were approved by the Board of Trustees and authorised for issue on .were signed on its behalf by: ....D7660000-6CB2-8AE6-CC97-08DF03686EC6........................................ and
~~.............~~ D7660000-6CB2-8AE6-CC94-08DF03686EC6................................
- A J Mcneill - Trustee
The notes on pages 7 to 15 form part of these financial statements
Page 6
The Coach House Trust
Notes to the Financial Statements for the Year Ended 31 December 2025
1. GENERAL INFORMATION
The Coach House Trust ("the charity") is a Scottish company limited by guarantee and governed by its articles of association. It was registered as a charity in Scotland (registered number SC028182) on 24 August 1998. Its registered address is 84 Belmont Lane, Glasgow, G12 8EN, UK.
2. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
The financial statements are prepared on an accruals basis, and on a going concern basis, in accordance with:
-
the Charities and Trustee Investment (Scotland) Act 2005;
-
Regulation 8 (Statement of account - Fully accrued accounts) of The Charities Accounts (Scotland) Regulations 2006; - the Financial Reporting Standard applicable in the UK and Republic of Ireland, published in March 2018 ("FRS 102"), to the extent that it applies to small entities and public benefit entities;
-
'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, published in October 2019 (FRS 102)' ("the Charities SORP");
-
UK Generally Accepted Accounting Practice; and
-
the historical cost convention.
The charity 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.
The financial statements are presented in UK sterling, which is the charity's functional currency, and rounded to the nearest pound.
There have been no changes to the basis of preparation this financial year or to the previous financial year's financial statements.
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.
Going concern
There are no material uncertainties about the charity's ability to continue.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost Plant and machinery - 10% on cost Motor vehicles - 25% on cost
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Computer Equipment
- 33% on cost
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The Coach House Trust is a charity within the meaning of Section 467 of the Corporation Tax Act 2010. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 of Part 11 of the Corporation Tax Act 2010 and section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that such income or gains are applied for charitable purposes only.
Investments in joint ventures
Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.
Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value taken through income or expenditure. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted.
Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.
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The Coach House Trust
Notes to the Financial Statements - continued for the Year Ended 31 December 2025
2. ACCOUNTING POLICIES - continued
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
3. DONATIONS AND LEGACIES
| 3. DONATIONS AND LEGACIES |
||||
|---|---|---|---|---|
| Donations Grants Grants received, included in the above, are as follows: Glasgow Wellbeing Fund Bank of Scotland Foundation Hugh Fraser Foundation Awards for All Hillhead Area Budget 4. INCOME FROM CHARITABLE ACTIVITIES Art & General Sales SDS Buchley Income Miscellaneous Income 5. OTHER INCOME Employment Allowance |
2025 £ 33,308 29,170 62,478 2025 £ 1,658 14,584 3,000 7,833 2,095 29,170 2025 £ 743 32,059 60,000 60 92,862 2025 £ 10,500 |
2024 £ 9,719 33,290 |
||
| 43,009 | ||||
| 2024 £ 8,290 25,000 - - - |
||||
| 33,290 | ||||
| 2024 £ 660 37,735 60,000 2,114 |
||||
| 100,509 | ||||
| 2024 £ 5,000 |
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The Coach House Trust
Notes to the Financial Statements - continued for the Year Ended 31 December 2025
6. CHARITABLE ACTIVITIES COSTS
| Direct Support Costs (see costs (see note 7) note 8) £ £ Charitable Activities 159,842 26,168 7. DIRECT COSTS OF CHARITABLE ACTIVITIES 2025 £ Staff costs 135,729 Books, IT equipment & computer 5,851 Cleaning 1,040 Entertainment - Heat & Light 3,391 Materials, Workshop & Gardening Supplies 1,561 Printing Costs 2,326 Professional Fees 108 Stationary, Postage & Phone 4,812 Travel Costs 283 Water Rates 1,939 Rent 1,650 Repairs & Maintenance 1,152 159,842 8. SUPPORT COSTS 2025 £ Insurance 14,180 Bank charges 558 Depreciation of tangible fixed assets 4,200 Accounts Preparation & Independent Examination 1,620 Accountancy Support 5,610 26,168 |
Totals £ 186,010 |
Totals £ 186,010 |
|---|---|---|
| 2024 £ 126,678 5,265 245 270 3,541 863 2,097 109 6,250 423 2,212 1,800 1,575 |
||
| 151,328 | ||
| 2024 £ 11,141 589 4,200 2,000 5,140 |
||
| 23,070 |
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The Coach House Trust
Notes to the Financial Statements - continued for the Year Ended 31 December 2025
9. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 4,200 | 4,200 |
10. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2025 nor for the year ended 31 December 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2025 nor for the year ended 31 December 2024.
11. STAFF COSTS
| Wages and salaries Social security costs Other pension costs The average monthly number of employees during the year was as follows: Administration Project Staff No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 9,719 Charitable activities Charitable Activities 100,509 Other income 5,000 Total 115,228 EXPENDITURE ON Charitable activities Charitable Activities 141,108 NET INCOME/(EXPENDITURE) (25,880) RECONCILIATION OF FUNDS Total funds brought forward 402,339 TOTAL FUNDS CARRIED FORWARD 376,459 |
2025 £ 120,471 12,715 2,543 135,729 2025 1 5 6 Restricted funds £ 33,290 - - 33,290 33,290 - - - |
2024 £ 114,886 9,443 2,349 126,678 2024 2 4 6 Total funds £ 43,009 100,509 5,000 148,518 174,398 (25,880) 402,339 376,459 |
||
|---|---|---|---|---|
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
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The Coach House Trust
Notes to the Financial Statements - continued for the Year Ended 31 December 2025
13. TANGIBLE FIXED ASSETS
| 13. TANGIBLE FIXED ASSETS |
||||
|---|---|---|---|---|
| COST At 1 January 2025 and 31 December 2025 DEPRECIATION At 1 January 2025 Charge for year At 31 December 2025 NET BOOK VALUE At 31 December 2025 At 31 December 2024 14. FIXED ASSET INVESTMENTS CHT Sustainable Futures Buchley Eco Centre |
Freehold Plant and property machinery £ £ 210,000 19,338 46,166 19,338 4,200 - 50,366 19,338 159,634 - 163,834 - |
Motor Computer vehicles Equipment £ £ 9,225 15,754 9,225 15,754 - - 9,225 15,754 - - - - 2025 £ 100 97 197 |
Totals £ 254,317 90,483 4,200 94,683 159,634 163,834 2024 £ 100 97 197 |
|
| 197 |
There were no investment assets outside the UK.
The company's investments at the balance sheet date in the share capital of companies include the following:
| Buchley Ecocentre | ||
|---|---|---|
| Registered office: 84 Belmont Lane, Glasgow, Lanarkshire, G12 8AN | ||
| Nature of business: Treatment and disposal of hazardous waste | ||
| % | ||
| Class of share: holding | ||
| Ordinary 100 | ||
| 2025 | 2024 | |
| £ | £ | |
| Aggregate capital and reserves | (10,650) | (10,515) |
| CHT Sustainable Futures | ||
| Registered office: 84 Belmont Lane, Glasgow, Lanarkshire, G12 8AN | ||
| Nature of business: Environmental consulting activities | ||
| % | ||
| Class of share: holding | ||
| Ordinary 100 | ||
| 2025 | 2024 | |
| £ | £ | |
| Aggregate capital and reserves | 100 | 100 |
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The Coach House Trust
Notes to the Financial Statements - continued for the Year Ended 31 December 2025
| 15. | STOCKS | ||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Stocks | 557 | 557 | |
| 16. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Trade debtors | 652 | 3,764 | |
| Amounts owed by group undertakings | 114,682 | 125,864 | |
| Prepayments | 6,378 | 7,924 | |
| 121,712 | 137,552 | ||
| 17. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Trade creditors | 5,245 | 5,482 | |
| Social security and other taxes | 1,746 | 2,324 | |
| Credit Card | 282 | 441 | |
| FRM Bond | 14,011 | 30,000 | |
| Accrued expenses | 1,781 | 2,940 | |
| Deferred Income | 10,965 | 16,242 | |
| 34,030 | 57,429 |
| Deferred income comprises income received for projects which commenced in | Deferred income comprises income received for projects which commenced in | Deferred income comprises income received for projects which commenced in | 2026 | and to which the charity was not | and to which the charity was not | |
|---|---|---|---|---|---|---|
| entitled in the year. | ||||||
| 2025 | 2024 | |||||
| £ | £ | |||||
| At 1 Jan | 16,242 | 14,584 | ||||
| Deferred in year | 10,965 | 16,242 | ||||
| Released in year | (16,242) | (14,584) | ||||
| At 31 Dec | 10,965 | 16,242 | ||||
| 18. | ANALYSIS OF NET ASSETS BETWEEN FUNDS | |||||
| 2025 | 2024 | |||||
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| £ | £ | £ | £ | |||
| Fixed assets | 159,634 | - | 159,634 | 163,834 | ||
| Investments | 197 | - | 197 | 197 | ||
| Current assets | 230,488 | - | 230,488 | 269,857 | ||
| Current liabilities | (34,030) | - | (34,030) | (57,429) | ||
| 356,289 | - | 356,289 | 376,459 |
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The Coach House Trust
Notes to the Financial Statements - continued for the Year Ended 31 December 2025
18. ANALYSIS OF NET ASSETS BETWEEN FUNDS - continued
Comparatives for analysis of net assets between funds
| Unrestricted Restricted funds funds £ £ Fixed assets 163,834 - Investments 197 - Current assets 269,857 - Current liabilities (57,429) - 376,459 - 19. MOVEMENT IN FUNDS At 1/1/25 £ Unrestricted funds General fund 212,625 Fixed Asset Fund 163,834 376,459 TOTAL FUNDS 376,459 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 136,670 Fixed Asset Fund - 136,670 Restricted funds Glasgow Wellbeing Fund 1,658 Bank of Scotland Foundation 14,584 Hugh Fraser Foundation 3,000 Awards for All 7,833 Hillhead Area Budget 2,095 29,170 TOTAL FUNDS 165,840 |
2024 2023 Total Total funds funds £ £ 163,834 168,034 197 197 269,857 286,088 (57,429) (51,980) 376,459 402,339 Net movement At in funds 31/12/25 £ £ (15,970) 196,655 (4,200) 159,634 (20,170) 356,289 (20,170) 356,289 Resources Movement expended in funds £ £ (152,640) (15,970) (4,200) (4,200) (156,840) (20,170) (1,658) - (14,584) - (3,000) - (7,833) - (2,095) - (29,170) - (186,010) (20,170) |
2023 Total funds £ 168,034 197 286,088 (51,980) 402,339 |
|---|---|---|
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The Coach House Trust
Notes to the Financial Statements - continued for the Year Ended 31 December 2025
19. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund Fixed Asset Fund TOTAL FUNDS |
Net movement At 1/1/24 in funds £ £ 234,305 (21,680) 168,034 (4,200) 402,339 (25,880) 402,339 (25,880) |
Transfers between funds £ - - - - |
At 31/12/24 £ 212,625 163,834 |
|---|---|---|---|
| 376,459 | |||
| 376,459 |
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds General fund Fixed Asset Fund Restricted funds Glasgow Wellbeing Fund Bank of Scotland Foundation TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 115,228 (136,908) (21,680) - (4,200) (4,200) 115,228 (141,108) (25,880) 8,290 (8,290) - 25,000 (25,000) - 33,290 (33,290) - 148,518 (174,398) (25,880) |
|---|---|
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The Coach House Trust
Notes to the Financial Statements - continued for the Year Ended 31 December 2025
20. RELATED PARTY DISCLOSURES
During the year the company made management charges of £60,000 (2024: £60,000) to Buchley EcoCentre Limited, its 100% owned subsidiary. The Coach House Trust also received gift aid donations of £32,000 (2024: £8,200) from Buchley EcoCentre Limited. At the year end the company was owed £114,682 (2024: £125,864) by Buchley EcoCentre Limited.
21. PURPOSE OF FUNDS
General Fund
The unrestricted, free reserves of the Charity
Desigated fixed asset fund
This represents the net book value of the Charity's tangible fixed assets
The Glasgow Wellbeing Fund
The Glasgow Wellbeing Fund is financed by the Scottish Government and managed by GCVS. This fund is to help alleviate the problems faced by Glasgow citizens who suffer from mental health issues and the associated isolation and loneliness. This funding allowed The Coach House Trust to provide meaningful group-based activities to in Art.
Bank of Scotland Foundation REACH Funding
To tackle exclusion through the provision of therapeutic gardening activities to marginalised people experiencing loneliness and isolation due to their poor mental health. Participation in community-based group gardening activities acts as a conduit for fostering friendships, reducing isolation and loneliness, whilst increasing social inclusion.
Hugh Fraser Foundation
Funding to tackle exclusion through the provision of therapeutic art workshop activities to marginalised people experiencing loneliness and isolation due to their poor mental health.
Awards for All
Funding for the Wellbeing and Employability Project through group-based workshops in Art and IT with wrap around support.
Hillhead Area Budget
Funding from Glasgow City Council for the Market Garden gate, music, IT and gardening equipment.
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