CHARrrY REGISTRATION NUMBER: SC043687 VIP-PASS Community Project Unaudited Financial Statements 30 June 2024 artere accountants Partner, Nelson Gilmour Smith Mercantile Chamtws 53 Bolhwell Street Glasgow G2 6TB
VIP-PASS Community Project Flnanclal Statements Year ended 30 June 2024 Page Trustees, annual rewjrt Independent examineffs rep)rt to the trustees statement of fitHi&al acb'vib'es statement of financial wsilion Notes lo finan¢ial statenEnts The followlng pages do not lomi part of the financlal statemonts Detsiled statent of financial activ$ 19 Notes to the detailed statement of finala1 acbvtbes 20
VIP-PASS Community Project Truslee8' Annual R•port Year endod 30 Jun8 2024 The trustees present their rewrt and Ihe audited financial stateEnts of the Gharity for the year ended 30 June 2024. Reference and admlnlstralfve detalls Regi8tered charity nam9 VIP-PASS Community ProjeL Charty registratioll numbor SCLW3687 Prlnelpal offlc• FalLlde CC Mcculioch Avertue Uddingslon G716JW Tho tNsts•s Independent examiner P-.Iner, NeIr, Gilmcmjr Smith Aercantile Chambers 53 Bothwell Sfreet Glasgow G2 6TB Struthre, gov¢man¢e and managernont The organisalh?n was initially incOrwrat as a company limited by guarantee and not having a shara capital. On 2 March 2015 Ihe organisalion converted into a Scottish Charitabie InmOrated organisatr'on. The SCIO 6 iecognised as a tharity by OSCR and HM R8ventse and CustDm5. The Trustw are the members and mak& all the decisions rThcerrMn9 the organisab'on. On 29 February 2024 the charity tharged Ils narr ffom VIP Arts and Sports Academy to VIP PASS Cornmunity Project to rEfknt VIFYS development of many ivitTes within the communiiy.
VIP-PASS Community Project Trustees, Annual Report (¢oniinuffO Year gndgd 30 Juno 2024 Objectives and activiti08 The charity wa5 originally sel up as a company limited by guarantee. On 2 March 2015 the organisation converted to a SCIO and adopted a constitution with the following charitable objects.. {11 The Advancernnt of Education., (2) The Advanment ofArts. Cutture Sport and Phy&cal acvity: 13) The Advan(tment of Cilrzen$hip or Communty Developffn[ The area within which the organisation shall operale shall be Viewpark and the surrounding arèa. The organisab'on shall promote (but not promote exclusively) ifs activities and delivery operations to people thIn Bellshill and Thoiniewood and surri)unding areas who are in ne&J of such activities and fa¢ilib'e8. These people will be the organisation's beneficiaries. VIP-PASS Community Project siis in the middle of the community kno as Fallside and provKles a safe and wel)mIng pl for people of all abIleS. The community of Fallside has a long history of high deprivation, social exclusion, povetty, unemploymen( Fth)r housing and low educational attainment and tetyitorialism. By offering a range of activitS such as physical and sccral groups, our project aims to offer Support for people in the local area and teyond, to make better lrfe ¢hois. VIP'S mission statement "Every Child and Young Person has a Talent, that T2nI may not be academic, but this should not hinder them in shaping their Unique individual SknILg and Talents. Talents shDuld be developed and nurtured, this shoukj be affordable lo all not just the prNIged. VIP ty to gwe every Child and Young Person the opportunity to OFen their hor¥zons to what Ihey can athieve, after all these Children and Young People are our fvtsjre Adults and will shape the slruclure of our communities in coming years, setting Goals and Paths for the next genertion.. By partipatIng in the activitres Offe1. our organisation aims to improve the followng.. Improv confidence and self-9Steem Provide opportunities to leam new skills Create a positive atblude towards reaming Develop wsriive relationships with peers lrnprove physical fitness and overall wellbeing As well as promoting the development of friendships Break down social balriers tEtween derent age groups.
VIP-PASS Community Project Trustees. Annual Report (conrfnu6d) Year ended 30 June 2024 Achlevements and perforniance Our project aim is to bring the local and wider mMUn logether, io make them more active, build friendships, leam new sknlls. interact with one anolher. We have achieved this by setting goals, developir)g, and adapting new and exisling pr¢yJrams to meet our seryrce user's needs, a wide range of activities are available centered around dance. sport. gymnastics, boxing, cookery. music singing, arts and crafts. horse-riding.. gardening and health & tseauty. This improves overall physical. emotional and mentsl health and wellbeing. New for this year Chatter not Chitter wami spa, and Lrtme Explorers groups are very popular. Th8 demand for zoom has diSapred. as all members are back to face aclivilies. The community as a whole are involved in thes8 programs: we are a fully inclusive group for all ages, vthere everyone is encouraged to take part from development to delivery. VIP has cre8led a safe and welcoming focal point wthin th8 communty where our members can interact wrth each other, forming strong bonds and rdationships with similar type tpIe. this breaks dthvn age barriers and addressing territorial issues. The project is run by a board comprising of 3 trustees, Managent team of 10 voluntary members, 1 paid project manager, 1 paid admin officer, 1 paid finance officer, 1 paid building coordinator operating from the WP-Pas$ ¢enlre. This team on a regular basks to discuss ddivery, developmenL evaluation and outcomes. Strong Ioc81 and positive partner re18tionships and connections are vital to the current and futLJre success ofVIP and these partnerships enable inclusive growth 1) Local TSI who ensure as a charity MP are compliant with all cuffent and new18gislatKsn rellgts'ng to any matters concemed with govemance and compl of a charity and charitabk status. They also keep us up to dale with funding streats. trwning oppotiunities and addjtional topical workshops 21 Working closely with several Strateg parthers ensu maximisation of resour[ and services 3) Working with our thal schools, care homes and nurse$ provKling an outreach program delrvaing the same activities as above were possible. The aim of thls Is to improve health and wellbeing, these links allow us to reach a wide range of people making sure no one is being missed who would benefit from our prcgrams 41 NHS Lanarkshlre ggnpost people trj our servts that could benefft from our program8 5) Local counsellors use the centre for their surgeries and support WP in its aims and objeclwes 61 Local business help rdise funds for special events 7) Police Scotland - Having strong links with our community pol allows our SerVe users to form positive relationships whh discourages anli-swial behavKTrur 81 Attending and contribute to several community partnership ensures we are aware of strategic developments that effect local people and ICal serVeS All of this ensures there is M duplication of services and that what WP offer is enhancing and adding value to Ioc81 people. Links with th8 above partner organisatKsns gives them opportunty to inpuL value to our seNices when a gap ir) demand for local Serv occur.
VIP-PASS Community Project
Trustees. Annual Report (conllnueoj
Year endgd 30 June 2024
9} The pathership with Bellshill fi station where a community garden has been created with in the
grounds is in phase three and is well used by schox)Is and VIP participants. The produce is offered to
the local community and food banks.
All of the VIP team are fulty checked with D1xlosu Scotland and hold current IPVG) that covers all
age categories, attend regular training in their own fields of exFertise as well as training in first aid,
child protection, safeguarding and he81th and safety-
Our project manager is a fully qualified Solihull trdiner, Chikl Protection and Safeguarding trainer and
First Aid trainer, delivering to other projects and groups, as well as in-house training for VIP.
A vital part of our team are our coaches who are at the highest Fevels of qu21ificab.ons within their own
specialized fields. These subcontractors are aware that exposing people lo new skills and activiiies
allows them to push beyond their comfort zones, inerease selfsteem and wnfidence allowing them
to set stretch goals in. areas previousty unexperienced or consmjered. Increasing people's resilience to
bounce back from adversity increases their lrfe Ch0e$ and F)ositive destinations. The activities that
our experienced coaches deliver ensures that people are in a growth mindset and know that repealed
effo¢ dedicatK)n, and commitment creates sleSS, pushing foThvard, achieving accredilations,
gradings and qual1ffcaS helps them to take on )re and brgger challenges improving their lives in
the future.
VIP strives lo create a fvlty inGlusNe organisation of excnCe in many fields and across ifs team in
tum creating a community project based on the bc£l communities redS and wants no matter what
their age, finanal or aG&lemic bkground may be. Iking beyond the person and helping nurture
talent.
Our motto is. Walk In Dream our
Talent lies within and should nurtured, protected. adapted to individuals. needs and develoFed
accordingly. In the past year, Ihe project has continued to devebp and adapt to the ever
VIP-PASS Community Project Tru8tee8' Annual Report I¢1{11441 Yoar endod 30 Jung 2024 VIP will ¢xnlinue to develDP existing programs wth end goals being met in all levels of progression from 1 beginner to 5 advan, éelrvering a gala Perfornn and a presentation of awards Geremony annually. The outcomes of these are monrfored on a regular bask8 and developed ac£ording. VIP will continue to recruit sessM)nal coaches to facilitate and esting programs b•lng delivered fa lo face. Flnancial review The charty had a deffi(yt of £11,988) (2023.. surplus £4.286) on UnreSlrted funds for the year. The charity has free r8serve8 of £20.36512023 £24,927). Plan8 for future perlod• The assét transfer property d not Ihrou9h as NLC decide to withdraw asset from list, we are SUII looklng al othèr assats and continue to be in talks with NLC asset's transfer team. OUT partnerships with other Originaln$ are growing and al presenl we are Icoking at joint bids behveen VIP Pass and The Well FoundalK)n for work the BAME corrmunity and NHS Lanarkshire for work wtth carers and the FeoFAe they care for We have added 2 new he9 to our team Graffiti Art and mus1 Theatre. The $tee$. annu8J report was aFvroved on 24103r25 and slgn&a on behalf of the LM)ard of trustees
VIP-PASS Community Project Indgpendgnt Examingr's Rgport to the Trustees of VIP-PASS Communtty Project Ygarended 30 June 2024 I report on the financial slalemenls for the year ended 30 June 2024. which comprise the statement of financial aclivilies, slalemenl of financial position and the related notes. Respective responsibilities of trustees and examiner The charity's trustees ale responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Irlveslmenl (Scollandl Act 2005 and the Charities Accounts Iscollandl Regulations 2006. The charity Iruslees consider that the audit requiietnenl of Regulation 10111{al lo (¢1 of the 2006 Accounts Regulations does not apply. 11 is my responsibility to examine the accounts as required under section 4411 Ilcl of the Act and lo stsle whether particular matters have come to my attention Baslg of Indèpondènt &xamlnof8 r•port My examination is carried out In aecordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a rèview of the accounting records kept by the charity and a comparison of the accounts present with those records. It also includes consideration of any unusual items or disck)sure5 in the accounts and seeks explanations from the trustees concerning any such mallers. The predUreS 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 exarniner's statement In connection with my examination, ng matter has come lo my allenlion.. 111 which gives me reasonable cause to believe that in any material respect the requirements.. lo k*p accounting re¢ords in accordance with section 441lllal of the 2005 Act and Regulation 4 of the 2006 AOuntS Regulations, and lo prepare accounts which accord with the 8ccounb.ng records and compty with Regulation 8 of the 2006 Accounts RegulatlDns have not been met, or 121 lo which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts lo be aChed. Partner, Nelson Gilrnour Smith Mercantile Chambers 53 Bolhwell Street Glasgow G2 6TB
VIP-PASS Community Project statemènt of Financial Activities Year ended 30 June 2024 2024 Restricted nds Total funds Total fvnds 2023 Unrestricted funds Income and endowm¢nts Donations and legacies Charitable activities other income 28,176 2,307 1,615 32,098 145.123 173.299 2.307 1,615 1TI,221 191,608 21,574 1,740 214,922 Total Income 145,123 Expendlture Expenditure on charitable activitj'es Total expgndituro {34.086} (143.657) {177.743) (192,237} (34.086) {143.6571 1177,743) 1192,2371 Net lexpenditureylncome and net movement in funds (1.988) 1.466 1522) 22,685 Reconciliation of fund5 Total ftjnds brought forward Total fund5 carried forward 117,419 115,431 95,475 96.941 212,894 212,372 190,2D9 212,894 The statement offinancial athities includes all gains and tosses in the year. All income and expenditure derNe from ntinUIng xtrvtties. The notes on pages 9 to 17 fom) part of these flnanclal statemgnts.
VIP-PASS Community Project Stsl¢ment of Flnancial Position 30 Juno 2024 2024 2023 Noto Current assots Cash at bank and In hand 246,572 214.977 Credltors: amounts falllng due wlthln ono y•ar Net current assots 13 {34,200) 12,083} 212,894 212,372 212,372 Total a88ets le88 current Nabllttles 212,894 212,894 Net assets 212,372 Funds of Ihe eharrty Restricted funds Designated Funds Unrestrted funds 96,941 95,066 20,385 212,372 95,475 92,492 24.927 Total charfty fundo 15 212,894 These finandal Statements were approve(I by the board of trustees a1 authorised for K8sue on 24103125. and ar8 slgned on behalf of the board by: The notes on pages 9 to 17 form part of these financial statsmenis.
VIP-PASS Community Project Notes to the Financial Statsments Year ended 30 Juno 2024 Goneral Inforniation The charity is a public benefit entity and a registe ¢haiYty in sand and is unincorporated. The address of the principal office is Fallside CC. M¢Culloch Avenue, Uddingslon, G716NJ. statement of compllanco These financial statements have been prepared in cOmplnce with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland.. the Statement of Recommended Practice applrcable to charrtses preparing their actounts in accordance with the Financial Reportsng Standard applicab in the UK and Republrc of Ireland IFRS 102) (Charities SORP {FRS 102)) and the Charities ar Trustee Invesbnent IScotlatKI} Act 2005 and the Charity Accounts Iscolkndl Regulations 20( (as amended). Accounllng pollcles Basi5 of proparation The flnanctal siatemenls have been ppared on the historical cost basis, as modified by the revalualion of certain financial assets and liabiltbes and investment properties mèasured al fair value through inconE or expenditure. The finan¢ial ststements are prepared in sterling. which is the ftjnctional currency of the enlty, Going concem There are no material Uncertaint atxjul the (*]ariVs abiltty to continue. D1108ure exemptions The entity satisfies the criteria of king a qualfying entity as defined in FRS 102. As such, advantage has been taken of the following disdosure exemptions available under paragraph 1.12 of FRS 102.. lal No cash flow statement has been presented ft)r the company. {bl Disclosures in re5t of financial instruments have not been presented. Judgements and key sources of estlmation uncertainty The preparation of the finanal statements requiw management to make judgements, estimates and assumptions that affect the amounts rewrted. These estirnates and judgements are continually reviewed and are based on experien and other factors, including expectats.ons of fijlure events that are lieved to be reasonable urKler the circumstances.
VIP-PASS Community Project Notes to the Flnancial Statements (conllnwd) Yearended 30 June 2024 Accountlng pollcles (co•pthu8d) Fund accounting Unrestricted fvnds are available for use at the discrelK>n of the trustees to further any of the charity's purposes. Designated funds are unrestricted fvnds eaarked ty the trustees for PartUlar fvture project or tx)mmitmenL Restricted funds a subjected to restrictions on their expenditure dared by the donor or Ihrough the terms of an appeal, and fall into one of sutrpdasses: restricled income funds or endowment funds. Incomlng resources All incoming resOUrr ar? included in the statement of financial activities when entitlernent has passed to the charity,. it is probable that the economic benefits associated with the transaction will flow lo the charity and the amunt Can be reliabty rasUred. The following specifjc polKies are appiied to particular categories of income- income from donatrons or grants is recognised when there is ede of entitl&ment to the gift, receipt is probable and its amount can be rrasured reliably. legacy income is recognised when receipt is probable and entiUenEnl is established. income from donated goods is measured at the fair value of ihe goods unless this Is impractical lo measure reliably, in which case the value derived from thet cost lo the donor or the esb"mated resale value. Donated facilities and services are recognised in the accounts when re(%Ned if the value can be reliabty measured. No amounts are included for the contribution of general vdunteers. income from contracs for the suppty of Servi is recogntsed with the delivery of th8 contracted service. This is dassified as unrEstrrcted fvnds un*ss there is a contractual requirement for it lo be spent on a partiClar puqxJs8 and returned If unspen( in which case it may be regarded as restricted. Resources expended Resources expended are includ&Y on an aeLruaL8 bas and are recognis&J in the period in which they are incurred. Donatlons and18gacies Unrestricted Funds ReStrted Total Funds Funds 2024 Donatlons Donations 676 676 -10-
VIP-PASS Community Project Notes to the Flnanclal Statements {condnued) Ygarendod 30 June 2024 Donatlons and legacles (¢oTrJnu8dJ Unrestsicted Funds Restricted Total Funds Funds 2024 Grants North Lanarkshire Council Robertson Trust Big Lollery Fund NLC Bellshill Cluster People's Health Trust Other Grants 44,475 44N75 27,500 39,681 44,969 15,998 27,5CwJ 39.681 44,969 15.998 28,176 145,123 173,299 unsIrled Funds RestrKted Total Funds Funds 2023 Donatlons Donat)n5 10,009 10,009 Grants North Lanarkshire Council Robertson Trust Big Lottery Fund NLC Bellshill Cluster People's Health Trust Other Grants 31,345 31,345 28,750 53,330 50,874 15,800 1,500 191,608 28,750 53,330 50.874 15.8c) 1,500 152,849 38.759 Charltable actlvltles Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Class f 2,307 2.307 21,574 21,574 other income Unrestricted Total Funds UnstrICted Total Funds Funds 2024 Funds 2023 Hall Rental incor 1.615 1,615 1.740 1,740 11
VIP-PASS Community Project Notes to the Flnanclal Statement8 (conllnuefjj Year ended 30 June 2024 Expendlture on charltable actlvltlgs by fund ty Unrestiicted FurKIs Restricted Totsl Funds Funds 2024 Academy of Excelkn Support costs 32,766 1,320 34,086 143,657 176,423 1,320 177.743 143,657 Unrestrtcted Restricted Toi81 Funds Funds Funds 2023 Academy of EXllenCe Suppjrt costs 56,485 1.320 57.805 134,432 190,917 1,320 192,237 134,432 8. Expendlture on charltable activiti8s by actlvlty type Activitie5 undertaken diredy Support costs Total funds 2024 Total fvnd 2023 Academy of Excellen Governance costs 176,423 176,423 1,320 177.743 190,917 1,320 192,237 1.320 176,423 1.320 Analysls of support costs Acajemy of Excellence Total 2024 Total 2023 Govemance costs 1.320 1,320 1.320 10. Independont examination fees 2024 2023 Fees payable lo the independent examiner for_ Independent examination of the financial slatements 1,320 1,320 11. Stsff costs The total staff costs and employee benefits for Ihe repotling period are analysed as follows.. 2024 2023 Wages and salaries 38,349 30,313 The average head count of employees during the year was 3 (2023.. 3). 12-
VIP-PASS Community Project Notes to the Flnanclal Statsments (lI1d) Year ended 30 June 2024 11. staff costs (conllnu8 No employee received employee benellts of more than £60.000 duriThJ the year12023.' Nil). Key Managernenl Personnel Key managerrrIt personn81 include all pernons that have authority and responsibility for planning, directing and controlling the actIvit$ of the Charity. The total compensation paid to key manageTrnt personnel for services prov to the Charity was £38,34912023.'£30,313). 12. Trusleè remuneration and gxpgnses No trustees receNed any muneration or expenses during the year or the previous year. 13. Croditors: arnounts falllng due within one year 2024 2023 Accruals and deferred irKX)me Social security and other taxes 34,2 1,890 193 34,200 2,083 14. Deferred Income 2024 2023 Amount deferred in year 32,250 -13-
VIP-PASS Community Project Notes to the Flnan¢ial Statements (conlynuod) Year ended 30 Jun8 2024 15. Analysis of charitable funds Unreslrl¢tsd funds Al Transfers 30 June 2024 1 JU 2023 Income Expenditure General fiJnds Designated Redundancy Fund Robertson Trust Robertson Trust Top Up Fundraising Committee North Lanarkshire Strategic 24,927 3.949 (8.511) 20,365 57,890 20,820 417 F7,890 21,414 1,748 6,337 25.000 2,500 649 124,406} (1,1691 7.677 117.419 7.677 115,431 32,098 (34,086} Al Transfers 30 June 2023 1 Juty 2022 Incorr* Expenditure General fvnds Designated Redundancy Fund Robertson Tnjsl ROrtSOn Trust Top Up Fundraising Committee North Lanarkshire strategic 73.091 27.635 (47,5451 128,254> 24,927 40,060 17.830 57,890 20,820 417 5,688 25,0 3.750 5.688 (4,1801 13,333) (2.7471 {57,805} 10.424 7,677 117,419 113,151 62,073 Deslgnated Redundancy Fund This fund provides for any redundancies and reted close d¢xn costs. Robertson Trust Robertson Trust gave an unrestricted gr4rrt of £25,OIJO intended to be used for Senior Project Managers wages. This has been designated as a separate fund for thts purpose. Robertson Trust Top Up Robertson Trust gave an urestrted grant of £2.500 intended to be used for utilit. Thls has been designated as a separate fund for this purpose. Fundraising Committee The Fundraising Committee raises fvnds and detsmined that these Should be only used for service users. special events and unif0m. North Lanarkshire Strategic North Lanart(shire Strategic unrestricted funding was received to be used only for building maintenance, refurbishing and repairs. -14-
VIP-PASS Community Project Notes to the Financial Statements (contlftuedj Year 8nded 30 Jun¢ 2024 15. Analysis of charftable funds (CO11 R•strlct¢d funds At Tr8n$fers 30 June 2024 1 Juty 2023 Incom8 FpenditsJre Natlonal Lott Scotland Awards All North Lanarkshire Council Youthlink NLC Bellshill Cluster People's Health Twsl NLC Insane Dance Project Youngstart Chance to Flourish Valencia Communitres Fund other restricted grants 16,876 5,000 (13,999) 7.877 21,666 6,895 17,409 4.480 36.475 P8,466) {1061 {39,717) (15,790) 29,675 6,789 22,661 4,688 44,969 15,998 3,722 17,424 2.553 3,722 14,592 2,553 34,681 (37,5131 8.000 (8,000) 166> {143,657} 4,450 95,475 4,384 96,941 145.123 At Transfers 30 June 2023 1 Juty 2022 In(x)n* Expenditure National Lottery Scotland Awards forAI North Lanarkshire Council Youlhlink NLC Bdlshill Cluster People's Health Trust NLC Insane Dance Project Youngstart Chance to Flourish Valencia Communities Fund other restricted grants 3,432 20.000 16,556) 16,876 18,275 6.895 7.030 7.530 31,345 (27,954) 21.666 6,895 17,409 4,480 50.874 15.81KJ {40.4951 (18.850) 5.130 16.398 5.119 {1,408} {32,304} 12,$66} 3,722 17,424 2,553 33,330 7,249 1,500 152,849 (4,299> {134,432} 4,450 77.058 95,475 -15-
VIP-PASS Community Project Notes to th8 Flnanclal Statements {¢oDOnuedJ Yaar ended 30 June 2024 15. Analysb ot Qharltsble funds (¢ontrnu•d) National Lottery Scotland Awards for All National Ltsttery Scotland Awaryls for Al provided a grant for running costs covering repairs, equipmen( training and sessional fegs elc. North Lanarkshlre Coun¢il North Lanarkshire Couniil provhjes 2 types of grants. Single Source for programme costs and partial funding of the project manager and Communty Grants for smaller one off projects.. Youthlink YoulhLink is a multi-serv agency offering youlh and farn1 Counselling, parenting support, youth shelter and housing, PAJuc8tion programs and community-based programs for youth aged 12 10 24 and their families. VIP provlde community-based programs. NLC Bellshlll Cluster The aim of the "Creative Me lIbeing PrOgramw. is to provtde progrdms to improve mental, emotional, physical health and wellbeing by providing aclNib"85 centred around musical theatre. gardening, horse-riding with new projects for phase 3 whrch would irTrclude yoga and cookery for Primary 4-7 and S1-S3. Students will engage in a wHJe range of (Tralive actrvib'es whh will increases their rrKJtNation. frcus, confidence and selfwesteem as they learll new skills and techniques both indoors and Outdc[s. People's Health Trust People's Heamh Trust provided fijnding for day lime programs tered afoun¢J inter-generational NLC Insang Dance Project Insan8 Dance Project provided funding to help a group of young girls develop their skills in dance, improve their confidence arKI self-esteem by providing SesSnS based around vari)us dan genres and lo develop thr knowiedge to help the older members prepare for a Coaching accreditation. Youngstart The Nab'onal Lottery Communty Fund Youngstart provHJed funding for activities and health and wellbeing progmms Chance to Flourish Chance to Flourish provided fvnding for Activities Building Bonds- Family fun and fitness Valencla Communltles Fund Valencia provided a grant of £8,000 for the refijrbishment of the toilets. other restrfcted grants Smaller restricted grants receNed. 16-
VIP-PASS Community Project Notes to tho Financial Statements (c¢7nUnued) Year ended 30 Juno 2024 18. Analysis of net assets between funds Unrestricted Funds Restricted Totsl Funds Funds 2024 Current assets Creditors less than 1 year Net assgts 117,381 (1,9501 115,431 129,191 132,2501 96,941 246,572 (34,2001 212,372 UntriCted Funds ReStted Total Funds Funds 2023 Current assets Credrtors less than 1 year Not assets 119,502 (2,083) 117.419 95,475 214.977 12,083) 212,894 95.475 17. Related partles No Iransactrons with related parties were undertaken such as are Uired to be disclosed under Charities SORP (FRS 102). -17-