The Wheel Trust
Annual Report and Accounts For the Year Ended 31 December 2024
Scottish Charity Number
SC034972
The Wheel Trust
Report and Accounts For the Year Ended 31 December 2024
| Contents | Page |
|---|---|
| Trustees’ Annual Report | 2 - 4 |
| including Reference & Administrative Information | |
| Report of the Independent Examiner | 5 |
| Receipts & Payments Account | 6 |
| Statement of Balances | 7 |
| Notes to the Accounts | 8 |
Wheel Trust 2024
Page 1
The Wheel Trust
Trustees’ Annual Report For the Year Ended 31 December 2024
The Trustees are pleased to present their report and the accounts for the year ended 31 December 2024.
Reference & Administrative Information
Wheel Trust 2024
Page 2
The Wheel Trust Trustees’ Annual Report (continued)
Structure, Governance and Management
The Wheel Trust (the Trust) is a charitable Trust, established by Deed dated 23 October 2003, and is registered as a Scottish charity (charity number SC034972).
The Trustees, who have served during the period covered by this report, were:
The existing Trustees, can appoint additional Trustees, with a maximum of seven Trustees and a minimum of three. One third of the Trustees retire at each Annual General Meeting and are eligible for re-election.
The work of the Trust is under the day-to-day control of the Management Committee, which has a minimum of five and not more than fifteen members who are appointed by the Trustees. During the year ended 31 December 2024, the Management Committee comprised:
Objectives & Activities
The aim of the Trust is to enable young people of school age in the West End of Glasgow to explore and experience the Christian faith. This will be realised through a Youth Ministry Team consisting of youth workers employed by the Trust and youth workers employed by partner churches.
At the start of the year, we continued to employ two 0.5FTE staff as Youth Workers. They spend several days within two secondary schools in the West End of Glasgow. Both staff build on excellent relationships with senior staff in these secondary schools and several associated primary schools.
works within the Support for Learning Department at Hillhead High School. rks within the wider Youth Support team at Hyndland Secondary School.
Achievements and Performance
2024 has been a year of expanding partnerships. As mentioned last year, our staff, alongside several partner church youth workers underwent Flourish Wellbeing Training. During this year, these courses were operational in six primary and two secondary schools, usually run by two Youth Workers working together. As a result, overall, there are stronger and deeper relationships between partner Youth Workers and the Schools we all seek to serve. Partnership working continued as Teams of Youth Workers and volunteers carried out Workshops in these schools at Easter and Christmas time. Over 200 young people were involved in Easter Code and nearly 400 at Christmas Unwrapped workshops. Teams of up to ten members lead by Wheel Trust staff facilitated these interactive events.
Partnership working also allowed us to coordinate and run another successful summer event “Connect in the City”,(CitC), Partick Victoria Park (PVP) church and West Glasgow New Church (WGNC) supplied buildings, Wheel Trust Staff and local Youth Workers, aided by volunteers, supplied the Team for an event based in Whiteinch area of Glasgow. Funding for CitC came from a mixture of sources. Sponsored events of Youth Workers raised some funds together with donations from members of partner churches. This allowed us to run a “Pay what you can scheme” to ensure finance was less of a barrier to most families participating. We plan to run this event again in 2025.
Wheel Trust 2024
Page 3
The Wheel Trust Trustees, Annual Report (contlnued) Achievements and Perfom7ance (continued) Due to the need of her family moving to Perth, left her post with the Wheel Trust at the end of September 2024. She had become a valued member of the Youth Team at Hyndland secondary school and had made excellent working relationship with staff and young people in Broomhill Primary in particular. The Trustees would like formally to put on record our thanks and appreciation for all that She has given lo the job throughout her time wrth the Trust. We give thanks that Dne of our partner Youth Workers, will be able to continue some of the Youth work in Hyndla outh Work partner from WGNC, be able to continue some of the youth work in Broomhill Primary. This continuity in both schools is a direct result of partnership working. After an extensive procurement process, Glasgow City Council awarded The Wheel Trust inclusion within Framework GCC005853CPU 'The Provision of embedded Mental Health and Wellbeing support in schools framework. Period 1 August 2024 to 31 July 2028.. This formal partnership arrangement is required when accepting payment for Youth Work services supplied to Glasgow schools. The Connect in the City ICIICI event supported our bid as it acted as a Community Benefit. This summer provision for the Whilein¢h area fa115 Within the Community Enhancement category of this Framework. The Trustees anticipate appointing another 0.5FTE youth worker in the spring of 2025 dependent on the financial position remaining stable. Financial ReviTew Detai15 of receipt5 and payrnents during the year are found on page 6 and in the notes to the aecounts. Receipts in the year totalled £41,400, a reduction on 2023 and les5 than the 10-year average of £45,166. Payments decreased lo £50,892, with most of the decrease relating to change5 in staffing costs. There were nel payments of £9,492 during the year12023'. £14,082), all relating to the general fund. Bank and cash balances carried forward eonsist of £37,016 all held in the eharty's general fund. Reserves Policy Currently the aim of the Trustees is lo hold free reseNes equivalent to six months of expenditure. At the year4nd, the Trust held reserves of £38,848, which equates lo between 8 and 9 months, expenditure. We are always grateful for donations from churches, individual donors and trusts. The Trustees continue to keep the expenditure of the Trust under regular scrutiny. ees are grateful t A, who prepared our accounts this year, and to ho has accepted apF)ointment as Independent Examiner of the accounts. Approved by the Trustees and signed on their behalf: Date: 26th June 2025 Wheel Trust 2024 Page 4
Report of the Independent Examiner To the Truste8s of The Wheel Trusl I report on the accounts of The Wheel TNst {the charity} for the year ended 31 December 2024. which are set out on pages 6 10 8. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation ofthe accounts in accordancewith the terms of the Charities and Trustee Investment IScotland} Act 2005 and the Charities Accounts {Scotlandl Regulations 2006. The charty trustees consider that the audit requirement of Regulation 10(11 {al to {c) of the Accounts Regulations does not apply. It is my responsibilty to examine the accounts as required under secb'cn 44111 (cl of the Act and to state whether particular matters have come lo my attention. Basis of independent examiner's statement My examination is carried out in accordance with Regulation 11 of the Charities Accounts Iscotlandl Regulations 2006. An examination includes a review of the accounts'ng records kept by the charity and a comparison of the accounts presented wlh those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the eviden 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 the wurse of my examination, no matter has rne to my attention which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting records in accordance wf(h Section 44111 la) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and to prepare accounts which accord wlh the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met. or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Date.. 3 July 2025 Wheel Trust 2024 Page 5
The Wheel Trust Receipts & Payments Account for the year ended 31 December 2024
| Receipts Note Grants & donations 2 Receipts from charitable activities: School youth work Connect in the City Total Receipts Payments Fundraising costs Payments relating to charitable activities: Staff costs including training Travel Connect in the City expenses Other activity expenses Insurance Administrative expenses Professional fees - payroll processing Governance and administrative costs: Accountancy Total Payments Net (payments) in year Balance brought forward Balance carried forward |
2024 £ 33,805 2,250 5,345 41,400 1,760 35,461 380 5,942 2,153 1,018 2,778 1,000 400 50,892 (9,492) 46,508 37,016 |
2023 £ 34,579 2,800 6,087 43,466 1,895 42,277 378 5,900 1,588 554 3,956 1,000 - 57,548 (14,082) 60,590 46,508 |
|---|---|---|
All receipts and payments in both years relate to the charity's unrestricted general fund.
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The Wheel Trust Statement of Balances as at 31 December 2024 2024 2023 Cash funds Opening bank & cash balances (Deficit) I surplus for the year C105ing bank & cash balances 46,508 9.492 37,016 60,590 14,082 46,508 other assets Grft aid lax recoverable Other accrued income 2.734 107 2.841 309 1,500 1,809 Liabilities Accrued expenditure 1.009 772 Al bank and cash balanees and assets and liabilities relate the Charity's unrestricted general fund. Approved by the trustees and signed on their behalf= Date: 26th June 2025 Name Trust
The Wheel Trust Year Ended 31 December 2024 Notes to the Accounts
1. Accounting Policies
Basis of Accounting
These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).
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. The charity currently holds no restricted funds.
2. Grants & donations
| Grants and donations from Trusts Individual donations Church donations Gift aid tax recovered Total donations |
2024 £ 8,550 11,075 14,180 - 33,805 |
2023 £ 9,750 7,399 15,740 1,690 34,579 |
|---|---|---|
3. Trustee Remuneration and Expenses
No remuneration or expenses were paid to any trustees or related parties during the current or previous year.
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