Scottish Charitable Organisation Incorporated Scottish Registered Charity Number SC042240
Trustees’ annual report & financial statements
For the period ending 31[st] March 2025
Report and Financial Statement
FOR THE YEAR ENDED 31[st] March 2025
CONTENTS:
| 1. | Title pages | Pages 1-2 |
|---|---|---|
| 2. | Trustee’s report | Pages 3-7 |
| 3. | Independent Examiner’s report | Page 8 |
| 4. | Statement of fnancial ac�vi�es | Pages 9-12 |
| 5. | Notes to fnancial ac�vi�es | Pages 13-16 |
| 6. | Other | Page 17 |
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OPEN GATES
“The restoration people”
TRUSTEE’S ANNUAL REPORT
The Trustees have pleasure in presenting their report for the financial year ending 31[st] March 2024.
REFERENCE AND ADMINISTRATION DETAILS
Charity Name: Open Gates Constitutional form: Scottish Charitable Incorporated Organisation Constitutional form date: 22[nd] May 2015 Previous constitutional form: Unincorporated Association Previous constitutional form date: 11[th] April 2011 Accounting reference date: 31[st] March Charity Number (OSCR): SC042240 Charity Number (HMRC): ST01547
Bankers: Bank of Scotland, 32 Eglinton St, Town Centre, Beith, Ayrshire KA15 1AQ
Senior Staff member responsible for day-to-day management of the charity
Previously, these accounts were prepared on a “Receipts & Payments” basis. However, to enhance reporting accuracy, effective from this report, financial reporting will be on an accruals basis. The accounts have been prepared in accordance with SORP 2015 issued by the Office of the Scottish Charity Regulator in its role as a SORP making body, recognised by the Financial Reporting Council. The charity has had the accounts independently examined by
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STRUCTURE, GOVERNANCE, MANAGEMENT
Governing document: Open Gates was registered as a ’Scottish Charitable Incorporated Organisation’ on the 22[nd] May 2015. Previously, Open Gates was an incorporated association, registered on the 11[th] April 2011. The Charity is administered in accordance with the terms of the Trust Deed.
The Charity is registered with the Office of Scottish Charity Regulator.
Organisational structure and decision-making process: The Trustees are the managerial arm of the charity. They meet 6-weekly and make decisions for and on behalf of the charity. Major decisions of a managerial and financial nature are recorded.
How trustees are appointed and recruited: Appointment and removal is in accordance with the Trust Deed which requires that appointment is approved by unanimous agreement of the existing trustees and removal of any trustee by the unanimous agreement of the others.
Risk Management: It is considered by the Trustees that there is no foreseeable risk where the charity is exposed, and there is no need to ring fence any extra funds.
Affiliations and connections: The charity is a “stand alone” charity and no formal connections with other bodies.
OBJECTIVES AND ACTIVITIES
The Purpose of the charity as set out in the Governing Document: The Charitable objectives are
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The prevention or relief of poverty
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The advancement of education
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The advancement of health
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The advancement of citizenship & community development
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The advancement of environmental protection or improvement.
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The prevention of re-offending
Open Gates provides various opportunities for men and women to learn new skills which can lead to a better and more productive life. The Charity provides structured training providing a wide range of skills development. This is provided to offenders, and ex-offenders in and around Glasgow, mainly through providing work placements for individuals on Community Payback Orders (CPO). In addition, Open Gates works with ’national top end (NTE) prisoners, from across Scotland, coming to the end of life sentences, supporting them to prepare for release.
We also;
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Hire training rooms & a seminar suite
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Café will reopen in the future
Summary of the main activities in relation to those purposes: Open Gates celebrates the potential in every individual to benefit from an integrated and creative programme. This is done by and integrated and creative training programme:
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Restoring furniture for sale
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Upholstery
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Wood finishing and polishing
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Metal and wood lathing
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Running a business
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Working as a team
Volunteers: The charity would not be able to function without the help of volunteers in the areas of supervision of people
We run a shop in Maryhill Road, Glasgow where goods are sold following restoration and/or building at our Dawson Road, Port Dundas factory.
ACHIEVEMENTS AND PERFORMANCE
Once again a year has come and gone with so many changes to report. We unfortunately lost three Board Members during this period.
So a big thank you to for all the time and effort they put into Open Gates,
Our lease at 550 Dumbarton Road also came to an end in 2024. A dear wee shop at which the Charity displayed its furniture and all sorts of retail goods at. This was a blow for our organisation, but to sign a new lease meant that our rent would have doubled. With this in mind the Board decided that the risk was too great.
WE got the opportunity of an abandoned Job Centre that was in poor condition and made an agreement of a rent free period which would include the restoration of the building, this was agreed and any material costs met by the owner.
This new shop ((5,000 sq ft) has turned into an amazing outlet that has turned into being an Amazing outlet that has seen our sales of furniture increase. It has also been a place of renovation, where we got the opportunity to train our service users.
Our Cafe Walt has been closed since Covid, but am delighted to say that we have renovated the whole area and put up our new Cafe Walt sign. It I is expected to have it fully operational by September 25.
Our contract , with the Justice Department is on going and we are now taking on nine service users daily
Our vision for the coming year are pl;ans that we have intended from the beginning, but it is fair to say, that by the grace, we will complete our vision..
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I would like to thank every ccustomerss, that donates furniture to our charity, for without you we could not push as far as we do,
Our Service users, sometimes do not know the effect that they have in coming to Open Gates, We have a mountain of “thank you” notes, not only from furniture donors, but also from the work that they do in local parks and schools.
Last, but not least is Sco�sh Canals, who have con�nued to support us at and have done so since 2010..
S�ll to come:
Restora�on of two Victorian Stairways
Build a Garden Centre.
Have a public car park.
Training
To have our own accredited team that will do one day coursesd, indoors.
Bring our Seminar Room up to s full booking facility.
Fondest regards God Bless
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FINANCIAL REVIEW
Revenue for the 12 months to the 31[st] March 2025 was £70,916 (£136,472, 2024)
Total expenditure before depreciation was £95,448(£152,400 2024)
Tangible assets registered were;
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A van was purchased in September 2020 for £18,714 minus Insurance Claim leaving an Asset of £3,394 to enable delivery of furniture and goods to purchasers. This was depreciated at 25% on a straight line basis. The depreciation charge was treated as an expense as per SORP 2015 10.31.
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All fixtures and fittings were recorded in the “main pool” and depreciated at 18% on a straight line basis.
How we Raised our money
Our main trading income was from the sale of restored furniture from the Dumbarton Road and Maryhill Outlet and the Factory Shop
– ow we spent our money
£8,972 was spent on raw material, and then converted into saleable products.
General repairs and maintenance was £1,470.
Miscellaneous expenses of £10,561are various expenses for the volunteers of the Charity
Other expenses were for the running of the Charity.
No Trustee is paid a wage. However Volunteers receive a small benefit.
Book entry depreciation was £2,201 and represents declining value of fixed assets.
Two Wells for Africa were paid for during this period with a Total of £10,327
Investment policy & objectives set: There is a business plan in place. This includes the expansion of the Port Dundas outlet.
Charity’s policy on reserves: The Trustees ensure that the balance of the bank account is positive. The “Reserves Account” receives a transfer of£250 from the main account each month. This will eventually cover at least 3 months’ worth of the Charity’s expenses.
Going Concern: As at the date of approval of this report and the financial accounts, the Trustees have assessed that there is no uncertainty about the Charity’s ability to continue as a going concern.
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Factors likely to affect financial performance or position going forward: There are repairs and maintenance issues that arise from time to time, however, costs are met with the cash resources of the Charity. A new shop is in the process of being opened and there will be costs arising from this. There are no unforeseeable costs that the Trustees are aware of.
The Trustees believe that this report is a fair, balanced and an understandable review of the Charity’s structure, legal purposes, objectives and activities, financial performance & financial position.
Acknowledgements: The Trustees would like to thank a number of people for their vital support in making Open Gates an organisation that makes a difference:
The Charity Trustees declare that they have approved the report above. Signed on behalf of the Charity Trustees.
Signature :………………………………………
Full Name
Date : …………… Position : Chairperson & Trus
REPORT TO THE TRUSTEES OF OPEN GATES Scottish Registered Charity SC042240
I report on the accounts of the charity for the year ended 31[st] March 2025 which are set out on pages 9 to 10.
Respective responsibilities of Trustees and Auditors
The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the Charities Accounts (Scotland) Regulations 2006. The charity 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 Independent Examiner’s statement
My examination is 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
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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 seeks explanations from the 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 accounts.
Independent Examiner’s statement
In the course of my examination, no matter has come to my attention
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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
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to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations
Open Gates Scottish Charitable Incorporated Organisation Scottish Registered Charity SC042240 Statement of financial activities For the 12 months to 31st March 2025
Unrestricte Restricted Total Prior Notes d funds funds funds period total funds £ £ £ £ £
Income & endowments from:
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| Donations & Legacies | 495 | 495 | 150 | 1 |
|---|---|---|---|---|
| Charitable Activities | ||||
| Other Trading Activities | 69,683 | 69,683 | 132,112 | 2 |
| 1,12 | ||||
| Investments | 1,123 | 1,123 | 10 | 3 |
| Total | 71,301 | 71,301 | 136,859 | |
| Expenditure on: | ||||
| Raising Funds | ||||
| Charitable Activities | 771,301 | 71,301 | 152,400 | 5 |
| Total | 71,301 | 71,301 | 152,400 | |
| Loss/profit for the period | (26,348) | (26,348) | 18,405 | |
| Other recognised gains/(losses) | ||||
| 5,000 | 5,000 | 5,7,00 | 6 | |
| fixed assets | ||||
| (15,441 | ||||
| Net movement in funds | (26,733) | ) | ||
| Reconciliation of funds | ||||
| Total funds bought forward | 68,514 | 87,392 | 87,392 | |
| Total funds carried forward | 68,514 | 68,514 | 87,392 |
Continuing Operations
All incoming resources and resources expended arise from continuing activities
Notes
to the Statement of Financial Activities
Note 2025 2024 Income & Expenditure Income from Donations & Legacies 495 4,360
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| General donations & grants | 1 | 495 | 4,360 | 150 |
|---|---|---|---|---|
| Income from Other Trading Activities | ||||
| Sale of goods at Dumbarton Road outlet | 2 | 69,683 | 136,472 | |
| Sales – “Café Walt” | ||||
| Income from Investments | ||||
| Bank interest on reserves account | 3 | 1,123 | 387 | |
| held at the Bank of Scotland |
| Expenditure Expenditure on Charitable Activities All costs to further charity's aims 5 152,400 Cash at Bank 7 Bank of Scotland – Main account 83,023 |
106.514 54,708 |
|---|---|
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| Bank of Scotland – Reserves account | 40,738 34,063 |
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| 123,761 87,080 |
BALANCE SHEET
| AT 31st March 2025 FIXED ASSETS Tangible assets CURRENT ASSETS Cash at bank VAT CREDITORS NET CURRENT ASSETS _ TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS Unrestricted Restricted TOTAL FUNDS |
2025 2024 £ £ 5,000 5,701 6 123,761 92,158 7 468 128,761 93,188 7,000 11,544 __ _ _ 123,761 98,327 ______ ______ 116,761 87,392 _ ____ _ 116,761 86,733 ===== ===== 8 86,733 116,761 86,783 |
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These notes form part of the financial statements
The financial statements were approved by the Board of Trustees on 2025
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And were signed on its behalf by;
____ Trustee
Name:
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[st] March 2025
8. ACCOUNTING POLICIES
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the Year.
Accounting convention
The financial statements have been prepared under the historical cost convention, the charities and Trustee investment (Scotland) Act 2005 and the requirements of the Statement of Recommended Practice: Accounting and Reporting by charities.
Financial reporting standard number 1
Exemption has been taken from preparing a cash flow statement on the grounds that the charity qualifies as a small charity.
Incoming resources
All incoming resources are included under Statement of Financial Activities when the charity is legally entitled to the income and the amount quantified with reasonable accuracy. No amounts are included in the financial statements for services donated by volunteers. The following specific policies are applied to particular categories of income.
Voluntary income is received by way of donations and is included in full in the Statement of Financial Activities when receivable.
Investment income is included when receivable.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs 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.
Charitable expenditure comprises those costs directly incurred by the charity in delivery of its activities and services for its beneficiaries.
Governance costs include those costs associated with meeting the constitutional in statutory requirements of the charity.
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Other resources expended comprise support costs for central functions that you might be allocated directly to the individual charitable activities.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures & fittings: 18% (main pool) Vehicles: Straight line over 4 years
Fixtures and fittings are capitalised at cost subject to a £1,000 de minimus.
Taxation
The charity is exempt from tax on its charitable activities.
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 time and benefits
No staff are paid a pension. Therefore, there are no pension costs
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| Income Donations Received - unrestricted Interest Factory Sales Seminar Room Sales – Dumbarton Road New Building Community Payback Total Income Less Expenses Contractors Depreciation Bank Charges Electricity & Gas Good purchased for re-sale New Building Insurance Miscellaneous – Various volunteer expenses Office Expense Professional fees African Well Rent |
2025 2024 495 4,36 0 1,123 387 6,837 48,100 4,381 6,837 40,191 68,887 10,500 10,000 7.774 |
|---|---|
| 71,301 134,271 7,800 61,362 2,201 2,201 934 492 4,769 14,473 8,972 7,603 33,671 5,548 3,209 2,852 11.793 13,474 991 2,782 920 1,195 8,340 13,981 1,470 9,233 |
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| Repairs & Maintenance | 22,246 | 2,057 | ||
|---|---|---|---|---|
| Rubbish removal | ||||
| Salaries & Contractors | 8,704 | 8,752 | ||
| Telephone & internet | 622 | 11,500 | ||
| Travel | ||||
| Vehicle Fuel & Maintenance | 1,267 | 3,355 | ||
| Vehicle Insurance | 1776 | 1,260 | ||
| Total Expenses | 97,649 | 152,400 | ||
| Motor | ||||
| 7. Tangible fixed assets | Vehicles | Fixtures & | Total | |
| £ | £ | |||
| COST | ||||
| At 1stApril 2021 | ||||
| 5,595 | 5,000 | 20,515 | ||
| At 31stMarch 2025 | 0 | 5,000 | 20,515 | |
| DEPRECIATION | ||||
| At 1stApril 2025 | 5,595 | 2,201 | ||
| At 31stMarch 2024 | 3,618 | 10,503 | 15,158 | |
| NET BOOK VALUE | 0 | |||
| At 31stMarch 2024 | 5,000 | 5,940 | ||
| 8. Governance costs | 2025 | 2024 | ||
| Accountancy, bookkeeping, examination, | payroll admin | £920 | 1,195 | |
| 9. Staff costs | ||||
| Wages & Salaries | £8,704 | 8.752 |
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-.opeiig2tes.scot 17
Factors likcly 10 affect financial perfonnance or position going forward: 'I'here are repairs and maintenance issues that arise frnTn time to time, hO-cl.tr, costs ire rnet ivith the c2%h re%nuTce% of the ("hariti'. A nthv shop i8 in the pmces8 nf being opened and rhere i4-ill be co8L8 a81ng from this. .1 here are no unForeNee2ble costs that the 'l ruqtee.8 are aware c)f. 'Ih¢ .1 rustees be that this repott is a fair, Imlanced and an undcrgtdlb]e rei.icw nf the Chiriti"'s structure, lexal Purpo$, objecttvts and actiiitits. fin2nciil pcrfnrn12nce & fininci tK)8ltion. Acknowledgements: lThe Truqteeg w()ukl like to thanL a numbet OF pcopEc f()r their vital supp()rt in m2Lin8 Open Cjates an urganisati(>n that makLs a aifFer¢nc Thc. Cliafiti. TrnstcL's dcdarc that thLy bai'L apprvi"(xl tbL' rcport aLx)i'L'. Signcd on bL.halF of thc Chariti, Tru$tL"c>. . ( Position . Chairpcison & Trus REPOR'f ]'() THE'IIIUS"ITr.LS OF C)PEN CJATF_ Scutti%h Registered Charity Sf042240 I re)rt on the accounts of the chaftty for thc ycar endd 31" hIarch 2025 ivhich are set ()ut ()n p2ges 9 to 10. nsibilitics vf TrustLLS and Auairurb ThL ilidril) '5 trublLLb rLSponsiblL, for thL' prLparation OF thc accounts in accordancL' -1th the rLrms of the CharitiL'S and 'fwbtcc Inv'cstmcnt (5cotlanJ) 2005 Ilct and the Charitics ilccounts (Scot12nd) Rcgulations 2U06. '1'he ch2ritr trnstecs consider chat thc audit rcquircmcnt of Regu11tion l U(l) (a) to (c) of the Accounts Regulations does not 1pplv. It is m), responsibilit57 tn CX2mtne the accnunts a% required under section 44(1) (c) nf the ,Ict And tn state Tr"hether pirticular m1< tter8 hai"e c(mie tn mv attention. )fl rnent My L'x2minatiun is carriLYl out in a¢cutd2ncL' RL'gu12tion I l o)f thc ChaLitiLb Accountb (Scot12nd) RL'snA2tiuns 2006. An L'_Nati]ination iacluacs a rLi i¢w of thL accounting rccordb Kept b)
,4nd "ere oigned on its behllf b}> NOTES TO THE FINANCLIL STATEMEwrs FOR THE YE4R ENDED 31" March 2025 8. ACCOUNTING POLICIES The principal accounting p()liciLs are summaribed bL'k)ii'. ThL' accounting tx)kith hai"e been appliL¥d conèi5tLt1}. thI()hOut thc YLYr. Accounting eonY¢ntion I'hL flliallGial itatcLI)¢iits Iiai"c pwd undcr the hi>"iurical cubt cuni"LtiOo, the charities and TrubtL'c ini"LstrnLTt (ScotIand) ,.Ict 2(K)5 and the rcqUirc¢nts of thc Statcmcnt of RccommcndLxl Practice: Ilccounting and Rcpo)rting b). charitic Financial reportlng stsndard number I ' NLniptiun bLL'll tak'Ln fiom prLp2ting 2 C2sh flow statcmcnt un the wunds th2t thL, d12rity 4ualiFI( 8 2 %mall charity. Incoming resources Illl incoiniii&J ELb()urcL> arc iiicludLd undLr StatLincni of Ilinancial ilciii'ifiLb 11.hcn thc charxt). ib IL'gkllJ: cntitlcd to thc incomc and thc amount qU3ntificd ii.ith rcasooablc iccuraa,. No an]ounts arc includcd in thc financial statcmcots lor bcnices donatcd by i'olulltccrk 'lhc fOllOg specific policiL's arc applied to Particular c2tyries of income. Volunt2r5T incofne is rcccii-ed by of d(mation% 2nd is included in full in the %t1tement of Finincial Actiiitie8 .hen receii"&1ble Invcstmcnt incomc 18 includcd "hen rccciiablG Resources expended Expenditure is iccounted For on an accrLds basis and has been claqsified under headings that awexate all cnsts related to the category,. Il'hefe costs cannot be diiectl}: attributed tn particu12r hdIng$, the!" hai-e been allOted to actii-ities on a $1$ consigtent iiith the use of re.urCes. Chirit2ble eNrdIttIre c()mpri%e4 those costs directllt incurted kn, the clLIrity in delivery r)F Its 1Ctiiities and sett78 For its beneficiane& ( jQlTemance cost%. include Ihose cosrs asscKiated with meering the constitufi()nal in st2tutofj' requirement8 of the ch1rin-. 13