OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← Go! Youth Trust

2025-06-30-accounts

Charity registration number: SC044089

Go! Youth Trust

Annual Report and Financial Statements for the Year Ended 30 June 2025

Go! Youth Trust

Contents

Reference and Administrative Details 1
Trustees’ Report 2to5
Statement ofTrustees’ Responsibilities 6
IndependentAuditors’ Report 7 to 10
Statement of Financial Activities 11
Balance Sheet 12
Cash Flow Statement 13
NotestotheFinancialStatements 14to33

Go! Youth Trust

Reference and Administrative Details

Chairman

Trustees

Principal Office 22 Bank Street Falkirk FKi iNB Charity Registration Number SC044089

Auditor

Morris & Young Chartered Accountants 6 Atholl Crescent Perth PH1 5JN

Page 1

Go! Youth Trust

Trustees’ Report

The Trustees present the annual report and accounts for Go! Youth Trust for the year ended 30 June 2025.

Constitution, governance and management

The Charity is a Scottish Charitable Incorporated Organisation (SCIO) established on 20 June 2013 and registered under charity number SC044089. The responsibility for the strategic and operational management of the Charity rests with the Trustees who form the Board of Management who meet every 8 weeks.

The Trustees who served during the year were as follows:

The constitution requires a minimum of 4 Trustees and a maximum of 11. At each AGM, all the Trustees must retire from office but are eligible for re-election.

New Trustees are invited to join the Board following careful consideration of their suitability and the skills which they bring to the Board. They are inducted into the workings of the Charity by existing Board members, this induction including an insight into the aims, objectives and current activities of the Charity, as well as their statutory responsibilities as Trustees.

The Charity delegates day to day management to our Chief Executive Officer, David Bremner. It has 9 fulltime and 4 part time members of staff and is supported by up to 75 volunteers and 3 sessional workers. Protection of young people is a key responsibility of the Charity and all our Trustees, staff and volunteers undertaking regulated work undergo PVG checks.

Objectives and activities

Go! Youth Trust is a youth charity that supports young people to grow, explore and thrive. Since 2013 we have been working across Central Scotland with young people aged 10-25, developing long-term relationships that empower young people who are disengaged or marginalised to grow in confidence, explore new possibilities and thrive.

Everything we do is grounded in trusted relationships, long-term commitment and a belief in the potential of every young person.

Faith-rooted: Our Christian ethos motivates everything we do. Relational: Change happens through consistent, trusted relationships. Young People Led: We listen, involve and empower. Growth-focused: We celebrate progress and encourage learning. Collaborative: We work with families, schools, churches and partners. Responsible: We use resources wisely and act with integrity.

Our work with young people is broken into 5 key areas which are proven to increase confidence and resilience, lead to positive destinations and connect young people to community.

Page 2

Go! Youth Trust

Trustees’ Report

  1. Universal Youth Work 2. Residentials

  2. Family Mentoring

  3. Personal Development and Mentoring

  4. Skills and Employability

In 2024/25 we supported (by which we mean we have supported 833 young people (600 in 2023/24) through the activities listed above. The average age of young person we engaged in the last year is 16 years old. These programmes are split over 3 age groups:

Young Person Breakdown by Age:

10-12 years old - 10%

13-15 years old - 32%

16 - 19 years old - 48%

20+ years old - 10%

Total Youth Engagement by Year:

2022 - 800 2023 - 600 2024 - 833

Achievements and performance

Everything we do starts with relationship. We combine trusted relationships with _ practical opportunities that help young people grow in confidence, develop skills and find purpose.

Universal Youth Work

Weekly drop-ins, youth committee activities and holiday programmes give young people aged 10-25 a safe, welcoming space to connect, have fun and build friendships.

Residentials

We run a range of residentials - Spring, Summer and Autumn Camps, Team, NXT and Ocean Youth Trust, 16+ Faith Residential. Residentials help young people step away from daily pressures, gain new skills and try new activities.

PlusOne Family Mentoring

Through one-to-one befriending, group sessions and family activities, PlusOne supports parents and carers to strengthen relationships, reduce isolation and build stability at home.

Personal Development & Mentoring

Thrive (for 16-25s) and NXT (for school-aged young people) combine group learning, mentoring and qualifications to build confidence, wellbeing and self-belief.

Skills & Employability

Our Skills Academy includes Propel - with the weekly Go Forward job club - and the King’s Trust TEAM programme, helping young people gain experience, qualifications and move into education, volunteering or work.

Page 3

Go! Youth Trust

Trustees' Report

New Scots

Throughout 2025 we have been working in partnership with Falkirk Council's Refugee Resettlement Team to provide opportunity for New Scots who are living in the Falkirk area. By providing 1:1 support, assistance with transport and bespoke provision we have seen an increasing number of New Scots engaging across all our programmes.

Go! Youth Trust Outcomes

Over the last year Go! Youth Trust has delivered 6,040 hours of youth work delivery in which we have made 9,155 youth contacts.

327 young people have been referred to GYT with 257 young people starting on our programmes (and many more being referred to alternative partners).

We have supported young people to achieve 191 qualifications ranging from SCQF Level 3 to 5.

Plans for the future

The charity continues to develop new partnerships and opportunities to meet the growing needs of the young people it supports.

The charity continues to develop its new youth centre in Bank Street, Falkirk with Phase 1 expected to be completed in early 2026 and fundraising for Phase 2 underway. This 11,000 sq ft premise will become a base of operations for the charity, a youth drop in centre, training space and community centre where young people can belong and thrive.

Following the purchase of 22 Bank Street, the Trustees have drawn up plans for the phased development of the property for charitable use at an estimated total cost of £1.2million. The Trustees will not commit the Charity to Capital spending until funding for each phased element has been secured.

The charity continues to work with partners in local government, faith groups and the third sector to expand the programmes offered to children, young people and families.

We are also in active conversations with partners in surrounding local authorities about replication of our programmes to support more young people.

Financial review

Principal sources of funding

The Charity is primarily funded by grants and donations. We are extremely grateful to all those who funded us this year, without whom we would not be able to provide these services.

Results for the year

The Accounts for the year are set out on pages 11 to 33. The Statement of Financial Activities on page 11 shows a surplus of £263,489 (2024: surplus of £29,487), comprising a surplus on general funds after transfers of £10,678 (2024: deficit of £18,445), a surplus on designated funds after transfers of £132,588 (2024: £32,089) and a surplus on restricted funds of £120,223 (2024: surplus of £15,843).

Page 4

Go! Youth Trust

Trustees’ Report

Reserves

It is the policy of the Charity to maintain general funds of approximately three months of operating costs. This allows sufficient funds to enable the ongoing work of the Charity to be maintained. Per the Balance Sheet on page 12, the general fund at 30 June 2025 amounted to £30,184 (2024: £19,506) which meets this level. Restricted funds amounted to £225,369 (2024: £105,145).

Statement on risk

The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Trustees have considered those risks and are satisfied that they have introduced procedures to mitigate the possible effects of those risks.

Disclosure of information to auditor

Each trustee has taken steps that they ought to have taken as a trustee in order to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information. The trustees confirm that there is no relevant information that they know of and of which they know the auditor is unaware,

The annual report was approved by the trustees of the charity on 3 February 2026 and signed on its behalf by:

Chairman and Trustee

Page 5

Go! Youth Trust

Statement of Trustees' Responsibilities

The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements,the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and the provisions of their Constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 6

Go! Youth Trust

Independent Auditor's Report to the Members of Go! Youth Trust

Opinion

We have audited the financial statements of Go! Youth Trust (the ‘charity’) for the year ended 30 June 2025, which comprise the Statement of Financial Activities, Balance Sheet, Cash Flow Statement, and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, comprising Charities SORP (FRS 102) and ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ (FRS 102) (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Page 7

Go! Youth Trust

Independent Auditor's Report to the Members of Go! Youth Trust

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

In the light of our knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees’ Report. We have nothing to report in respect of the following matters where the Charities Accounts (Scotland) Regulations 2006 (as amended) requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees’ Responsibilities (set out on page 6), the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Page 8

Go! Youth Trust

Independent Auditor's Report to the Members of Go! Youth Trust

Extent to which the audit was considered capable of detecting irregularities, including fraud We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and then design and perform audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion.

Identifying and assessing potential risks related to irregularities

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

As a result of these procedures, we considered the opportunities that may exist within the organisation for fraud and identified the greatest potential for fraud in relation to revenue recognition. In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override.

We also obtained an understanding of the legal and regulatory frameworks that the Charity operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included the charity’s own constitution, and various charity-specific legislation, including The Charities and Trustee Investment (Scotland) Act 2005.

Page 9

Go! Youth Trust

Independent Auditor's Report to the Members of Go! Youth Trust

Due to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, as with any audit, there remained a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing fraud or non-compliance with laws and regulations and cannot be expected to detect all fraud and non-compliance with laws and regulations. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charity trustees, as a body, in accordance with section 44 (1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and Regulation 10 of the Charities Accounts (Scotland) Regulations 2006 (as amended). Our work has been undertaken so that we might state to the trustees those matters we are required to state to trustees in an auditors’ report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and its trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Morris _ F__ Eligible to act as an auditor in terms of section 1212 of the Companies Act 2006 Chartered Accountants 6 Atholl Crescent Perth PH1 5JN

19 February 2026

Page 10

||SA 3
°
55
s
a8
es™
ean
nN
3
o
a
he
:
:
8
ez"
1
83
;
SE
~
=
ae
:
eA
8
8
S
Se
ed
ee)
3] 2) 2
+
O°
|
A
2
S15
|
H
‘
.|| |---|---|---| ||“|| ||:
:
;
,
.
,
55“
5
e
3
88m
ge
ge
[E
o
me
<
|
&
=
:
aa
a
KR} x S
co
N
1
|
as
;
Ns} 9
S| &
&
os
2g
:
;
:
:
£
||| ||
w
c
E
s
2|3
in
Fe
:
|
:
|
f=]
=;
c
ro4
|
7
;
)
,
i)
ov
5
&
g
°
,
:
v4
.
|
sos
1
3] =| $8
w ©
a
£2
3.
8
1
,
|
<
2
cs
o
asc

e
i
|
,
.
-
by id
:
)
|
a:
=
ae
N
ARE
:
us
SEE
o
g
nN
¢
gg] 8a) 2
cE
‘
|
§
in| 2
=
~
La
o
z AB
|
&
. i‘
:
7)
goa
,
3
4
|
mo
A
Be
1!
he
.
ms
ag
¢
E
gal a] 2
:
sl
lg
=
~
as]
: ’
:
a
&
ea
>|8
=
:
:
ae
N
9
DS
|
.
SF
1
ice)
Ww
a
i
a §,
Nn
N
oS
[)
a
§
q
ay
SH
sa
zi
8
VE
+
.
a
Nay
Ral A) Re
|
SEELE
2
~
nN
a) 2] fal 2
:
oo
a
“8
in
|
pH
°
gS
mtae
=
'
nN
g|:
|
a| ||:
©|| |,
:
:|:
o
<x
a]
<
3
g
co
=
©
~~
:
)
-
:
,
’
-
k
,
i
e
$ 3)
gS
:
,
|
se
[ts
=
4
:
:
e| &
O| @
a
+
is
,
:
:
,
Z
»
oI
©
=
»
gu
32 B7
.
:
7)
&
et
S
i
Y
:
ist
tac
S
,
.
|
~
3
:
i
:
cP)
i
;
:
:
nl a} 22
|
w
3
2
|g 25 8
:
$s
"
|
ston
)
i
)
=
"
|
|
ao)
gs
=
,
|
£
|
pao |
£
,
oe
o
|
:
5 2
|
eo8e
|
|
g§2=25
i
!
w528
1
|
,
dy
;
.
=
Y
n
Vv
ue
.
g
fpeHel
Bo)
Sow
§
°
=]
5s
+
7
oo
8 8
o
WY
>
5
aa
peal
E 52
2
x
=
#
Oo
Ss
ane ante 6
leah
phe cai
i a
5 2%
=
=
oO
©
528
i}
a
& tt
aie
a
ec
5
2
2
Fd
a)
: a Bees
6 f 2B
ee
s
Bese8ee
52a:
833
22
5
aay 525
5
plier
=
o
2
BS +.
sogd8
3
3388
2
g3
3
3
EF
3=||

Go! Youth Trust

----- Start of picture text -----
(Registration number: 44089)
Balance Sheet as at 30 June 2025
----- End of picture text -----

As restated
2025 2024
Note £ £
Fixed assets
Tangible assets 15 379,269 255,460
Current assets
Debtors 16 26,737 4,746
Cash at bank and in hand 288,331 149,767
315,068 154,513
Creditors: Amounts falling duewithin oneyear 17 (23,437) (13,140)
Net currentassets 291,631 141,373
Total assets less current liabilities 670,900 396,833
Creditors: Amounts falling dueafter more than one
year 18 (172,214) (161,636)
Netassets 498,686 235,197
Fundsofthe charity:
Restricted 225,368 105,145
Unrestricted income funds
Unrestricted 273,318 130,052
Totalfunds 22 498,686 2351197

----- Start of picture text -----
The financial statements on pages 11 to 33 were approved by the trustees, and authorised for issue
oY
Trustee
Page 12
----- End of picture text -----

Go! Youth Trust

Cash Flow Statement for the Year Ended 30 June 2025

2025 2024
Note £ £
Cash flows from operating activities
Netcash income 263,489 29,487
Adjustments to cash flowsfrom non-cash items
Depreciation 15 22,940 2,447
Investment income 5 (1,681) (1,226)
Interest payable 9 13,220 7
297,968 30,708
Working capital adjustments
(Increase)/decrease in debtors 16 (21,991) 17,746
Increase in creditors 17 6,689 803
Netcash flows from operating activities 282,666 49,257
Cash flows from investing activities
Interest receivable and similar income 5 1,681 1,226
Purchase oftangible fixed assets 15 (152,419) (179,450)
Sale oftangible fixed assets 5,670 -
Net cash flows from investing activities (145,068) (178,224)
Cash flowsfrom financing activities
Interest payable and similarcharges 9 (13,220) -
Value ofnew loans obtained during the period 17, 18 30,303 168,356
Repayment of loansand borrowings 17, 18 (6,828) =
Repayment of capital element of finance leases and HP
contracts 17, 18 (9,289) :
Net cash flows from financing activities 966 168,356
Net increase in cash and cash equivalents 138,564 39,389
Cash and cash equivalents at 1 July 149,767 110,378
Cashandcashequivalentsat30June 288,331 149,767

All of the cash flows are derived from continuing operations during the above two periods.

Page 13

Go! Youth Trust

Notes to the Financial Statements for the Year Ended 30 June 2025

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with 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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).

Basis of preparation

Go! Youth Trust 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 notes.

These financial statements are presented in sterling (£) and rounded to the nearest £1.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised asa liability and included on the balance sheet as deferred income to be released.

Donated services and facilities

The charity receives weekly donations of bakery goods from Greggs throughout the year.

The value of donated goods and services have not been quantified for the purposes of the financial statements. We are extremely grateful for these donations to our organisation.

Page 14

Go! Youth Trust

Notes to the Financial Statements for the Year Ended 30 June 2025

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Raising funds

These are costs incurred in attracting voluntary income,

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Volunteers

The charity relies heavily on the contribution of significant volunteer time for the delivery of its programme of activites.

The charity had 85 (2024: 75) volunteers during the year who assisted the charity in the following areas:

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’s meetings and reimbursed expenses.

Taxation

The charity is exempt from Corporation Tax on its charitable activities.

Page 15

Go! Youth Trust

Notes to the Financial Statements for the Year Ended 30 June 2025

Tangible fixed assets

Individual fixed assets costing £2,000 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Assetclass Depreciation method and rate
Buildings Not depreciated
hesake aterCoen Not depreciated until renovation work
complete
Furniture, fittings and equipment 10 - 20% straight line
Motorvehicles 20%straightline

Debtors

Debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and bank deposits.

Creditors

Creditors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.

Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Page 16

Go! Youth Trust

Notes to the Financial Statements for the Year Ended 30 June 2025

Pensions

The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

The charity only has financial assets and liabilities of a kind that would qualify as basic financial instruments which are recognised at their transaction value and subsequently measured at their settlement value.

Page 17

: | © ,

=
as Boga
GSu8 TOG
&
a8
loi +
aa1 8
N		 =
as Boga
GSu8 TOG
&
a8
loi +
aa1 8
N
3
)
ie
eeu
5 5		 s''
in]
&
8
4
oO
3
;
S
=
=
s
:
f=]
ria)		 ao]
$ -
_
oO
29st ZRSER
oy
FR
88/8
B£huSe sq 5
gs
N
wi]
ri
5
°
1
>
3
=
wi
:		 Ba Paesas
un are er ¢
ean eq
S
al &
Ti
WwW
z
=
E
5s
s
>		 PEan
%i
i
ri
&
B,
2
8 &
¥
ta
a
&
Z
o
:
1°
F
oS
=
o		 gI
4
.
:
o
c		 _
ow
~~
8
25 BRSE		 5
Ss
ee]
gsunrGt
GS
a7
/
=e ©]
:
2
o
=
=
iL
F		 5
38
Ww
52
:		 '
fF
48
'
S
; ;
$&
3o
z©
&
©
Ww&
2
~~		 o
wn
=
S
o
5
E
:
g
n		 age
e223
6
BE5%
£Ss&°S
'
+8
;
naa
5
se5lé
SSSu%
ooo
See Oe
5
6
6
G
g
o€
8
AHOSs
)

Go! Youth Trust

Notes to the Financial Statements for the Year Ended 30 June 2025

3 Grants received

2025 2025 2024 2024
Unrestricted Restricted Unrestricted Restricted
£ £ £ £
Analysis
Energy Savings Trust . 74,875 - -
Robertson Trust - 30,000 25,000 =
Milne Family Foundation - 26,400 26,400
CSJ Foundation 25,000 - - 5
Soutar Foundation 20,000 - 20,000 -
The Vardy Foundation 16,667 - 16,666 :
BBC Children in Need - 14,700 14,700 =
Tesco Groundwork UK . 6,000 = a)
Community School - 600 A 7
Asda Foundation - 600 s =
The National Lottery Fund - 32,468 = 31,044
Garfield Weston Foundation - 30,000 = -
Gannochy Trust - 27,000 = -
Grantscape - 24,324 .
CVS Falkirk - 22,500 - 22,600
Northwood Trust - 20,000 = 17,500
Fyrish Foundation - 20,000 = =
Robert Barr Charitable Trust - 20,000 = 7
Foundation Scotland : 17,496 - 16,259
Falkirk Council - 9,309 = 2,500
The CrerarTrust - 8,000 = =
John Scott CharitableTrust - 5,000 4,000 =
Percy Bilton - 5,000 = =
Rozelle Trust - 5,000 = .
Callendar Charitable Trust - 4,250 3,250 >
Barrack CharitableTrust . 4,000 = -
The Grace Trust - 3,000 E =
Cash for Kids - 2,899 - 2,795
JD Foundation - 2,500 = se
Big Give - 2,300 =
Ward Family Charitabe Trust 5 1,000 1,000 -
Paristamen Charity - 1,000 = =
Kingdom Housing Association - 500 - =
AgnesWattTrust - 400 = .

Page 19

Go! Youth Trust

Notes to the Financial Statements for the Year Ended 30 June 2025

2025 2025 2024 2024
Unrestricted Restricted Unrestricted Restricted
£ £ £ £
Ironmongers’ Trust Company - . 4,000 =
Bishop Radford Trust - - 2,000 =
Nimar Charitable Trust - - 2,000 =
Big Give (Dr Guthrie Association) - - 840 -
Big Give (Mugdock Children's
Trust) - - 800 =
Paristamen Charity - - 750 =
NHS Forth Valley Community Grant - - 300 =
Others - anonymous - 8,000 - 9,000
The Baird Trust - - - 5,000
Sir Hugh Fraser Foundation - - - 5,000
The Challenge Trust - - - 4,000
Hedley Foundation - - - 2,880
KFC Community Fund - - - 2,500
The Orcome Trust - - - 2,000
Erskine Cunningham Hill Trust - - - 1,000
61,667 429,121 121,706 124,078

We are extremely grateful to all of our funders for the grants they have provided this year.

Page 20

a N& &

||||BA
oo
EAN|Ww|SON
' OWNS]
a
AN
mK
oO O| mm
ay
os.FS
Ol) OO
a oO
we et) &
ear
ak|SON
' OWNS]
a
AN
mK
oO O| mm
ay
os.FS
Ol) OO
a oO
we et) &
ear
ak| |---|---|---|---|---|---|---| ||||3
$2
=
a
in)o~|oe|‘i
'
FF
'F Oo CoOOoO!l wo
oO DO] ©
Pe JON OO] CES
ont!
oO
aon
vT|| ||||[4|||| ||wn|||||| ||=
N
7]||3
Tue
UG
gocw||en'geailgs
“AH
Jes
ced
fo)
a Oo
+
wo
N
ce)
°|| ||=
2
So||LO
=|||| ||faa]
3
ao]
cS
lu
_||oo
'
ReSaas ‘|
By PS 2: Oy,ON
7
Fe)
rN AN
Bay
4 N
oo
N
EN|||5
N
a
No}
N| ||©|||||| ||VY>|||||| |Cd
%
Fed
EF
=
3s
o
=
[-)
[G)|2
~
°
ue
c
&
2
8
wn
cc)
y
&||sc
bi
$2
ceuw
$5
oe
[4
3
o
GoB
geEgu
=z O
>||a'
'$otwnwtto
a
oS
+
+
8
N
wn
Ss
N
8
oO
4
x
oo°o
CN!
SRSBBS
Ba
2NXMAHAD
IR
%
ie
Ss|| ||©|||||| ||&|||||| ||LL|||||| ||[))|||||| ||&|||||| ||Pe|||||| ||°
ed|||||| ||i)
2
°
z|rm)
a
ed
=
§©||||| |||2||||| |||a||||| |||S
4
=
£
ra]
5
=
=
wo
é
re}
0
c
Be|||wn
co)
o
vo 2
ra
=
2
6 §
fn
w
e £
Go Y
Y
aa ae
styl
D
ot—$wx
CU
ew’
8:0
YY
agehens
COeoSTESs
ots YveEe DO
SEY
Crs
£C SD HD
BG Y
3.06 Ooo Os
Ss
CHoUOKkEAH|| |||vt|||||

Go! Youth Trust

Notes to the Financial Statements for the Year Ended 30 June 2025

5 Investment income

Unrestricted
funds Total Total
General 2025 2024
£ £ £
Interest receivable and similar income;
Bankinterestreceivable 1,681 1,681 1,226

6 Other income

----- Start of picture text -----
Unrestricted
funds Total Total
General 2025 2024
£ £ £
Gains on sale of intangible fixed assets for
charity's own use 1 1 -
----- End of picture text -----

7 Expenditure on raising funds

a) Costs of generating donations and legacies

Restricted Total Total
funds 2025 2024
Note £ £ £
Staff costs 39,502 39,502 36,250
Fundraising expenses - - 1,214
39,502 39,502 37,464

Page 22

mM eS ) -

ON OHA WODMHWWUORHR
ANI O
ANARHMHMHARMADAHATMNA!N
aT
me SPS OW OD. OQ OO ON EA SNE EO,
BAW DON DANDON
N
+r O] ©
oo
Om N
ri
mr
N wi]OO
EN
N
isa)
3
Sores ara eaa' Yo e
w
ow
ODA AM WW
tA4
Oe
AAQAAHAGDARM
HTN
ETowovonwonrst
Mm ©
wn uw}Ww
ae
a
sal
ms
vo
i
[34
in
N
So
N
2
c
=
fe]
So		 3
£:
&:
&
*
FF
£€
©
F&F
&
& ORG NUE:URS
“+
<a
+
ge
Le
~
Sat
N
N
=F
3A
$ 4
b-
Nrouraroouoer'
waar
nm ©
Nowuortrnanvooa4on
oo]Oo
D5
GBUHAMOANRDHA
Ado
EeWn TNA TN ON A
[oa)
[oa]
cS
(7)		 Oo
=
Ww
bal
©
oO
>		 STHADHA DWDWONNADOAND
wo
THAHDHMNHATA
ONOTF FOB @
ww
Oh NeOO OF ek we Ne OPOseo
ENWONOMDDODDONA MA A
eg
is
Aa 4 ™m
NOMA
Pe)7)
5		 t?)
&
~
-
s
s
3
~
=
o
1G)		 2
te
©
DyamnnamnttoMeaoo'twnort
°
”
Or rTAnTAMR OT
ln Ol mM
«+
OG
VHRASANARGSS
AAA
9
Tews NN OMAN ONAN
aol a
G2
2
"8
ln
©
oo
F
iS
oO
7s
Pe]
oO
N
§&
§
bt bbb
be tt Um
tlt
aN
“oe
Oo
+
+
s
is
a
©
WoO
v
-
“
22
i)
N
o
&
3Oo
(S)
va
e
o——
MOWONNWOR'!'
' RO
©
no
TAMNATANR DA
+ S
°
~
o
“”
P=)
Ww
£
cS
5
)
5
5
=
i
8
CT)
=
re}
ow
4
=}
Fy
w
hd
in
.o)
B=
5 9
5s
$ ~ ¢ ¥
5
i)
¥
>
6
DO
DY
74
°
5s
=22
£¢g
0
co CoO
6
2
Ye
ar
F=r}
g 8
o
o
ao]
3
a
Oo ¥
-
= <
a9
2
ob
pa YM
P=)
woe a?
Ss
CON
OG YD so
Son
Oo ZY
=
agsSBBPBysogas
ey
2YeEHvECTTREES ES
<
S5Eeser-L2Vogrgzpeet
wi
t& oo Sv
ao LY
oo
&
oO
SSSess5883883
~~
=
eo
Weegee
e>
££woe
4A
=e

Go! Youth Trust

Notes to the Financial Statements for the Year Ended 30 June 2025

9 Analysis of governance and support costs

Charitable activities expenditure

Unrestricted
funds
General		 Restricted
funds		 Total
2025		 Total
2024
£ £ £ £
ITequipment, website and
software 2,980 6,714 9,694 9,172
Office costs 7,067 1,551 8,618 97395
Payroll fees - 1,570 1,570 1,476
Loan interest 2,856 8,715 11,571 4,490
HP Interest 444 1,205 1,649 =
13,347 19,755 33,102 24,533
Governance costs
Unrestricted
funds
General		 Restricted
funds		 Total
2025		 Total
2024
£ £ £ £
Audit of the financial statements 4,200 - 4,200 .
Other fees paid to auditors 1,200 . 1,200 =
Independent examiner's fee - - - 900
Legal fees - 6,780 6,780 15,497
5,400 6,780 12,180 16,397
10 Net incoming/outgoing resources
Net incoming resources for the year include:
2025 2024
£ £
Audit fees 4,200 =
Depreciationoffixedassets 22,940 2,447

Page 24

Go! Youth Trust

Notes to the Financial Statements for the Year Ended 30 June 2025

11 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses from the charity during the year.

Donations made by the trustees without any conditions attached totalled £550 given towards the Big Give campaign for the year (2024 - ENil).

Ross Clark paid £500 (2024 - £850) in residential fees during the year for himself and his young person to participate in residential camps. The amounts paid were at the same rate as other participants.

12 Staff costs

The aggregate payroll costs were as follows:

The aggregate payroll costs were as follows:
2025 2024
£ £
Staffcosts during the year were:
Wages and salaries 322,104 244,872
Social security costs 21,275 16,321
Pension costs 13,927 9,786
Other staffcosts 2,440 3,401
359,746 274,380

The monthly average number of persons (including senior management team) employed by the charity during the year expressed as full time equivalents was as follows:

2025 2024
No No
Average number of employees 15 10

No employee received emoluments of more than £60,000 during the year

The total employee benefits of the key management personnel of the charity were £59,531 (2024 - £48,452).

13 Auditors' remuneration

----- Start of picture text -----
2025 2024
£ £
Audit of the financial statements 4,200 -
----- End of picture text -----

Page 25

Go! Youth Trust

Notes to the Financial Statements for the Year Ended 30 June 2025

The financial statements were not audited in the previous year.

14 Taxation

The charity is a registered charity and is therefore exempt from taxation.

15 Tangible fixed assets

Assets Furniture
Land and under and Motor
buildings construction equipment vehicles Total
£ £ £ £ £
Cost
At 1 July 2024 245,000 - 4,571 27,890 277,461
Additions - 49,956 - 102,463 152,419
Disposals - - - (27,890) (27,890)
At 30 June 2025 245,000 49,956 4,571 102,463 401,990
Depreciation
At 1 July 2024 . - 1,671 20,330 22,001
Charge for the year - - 557 22,383 22,940
Eliminated on
disposals - - - (22,220) (22,220)
At30 June 2025 - - 2,228 20,493 22,721
Net book value
At30 June 2025 245,000 49,956 2,343 81,970 379,269
At30June2024 245,000 - 2,900 7,560 255,460

Page 26

Go! Youth Trust

Notes to the Financial Statements for the Year Ended 30 June 2025

16 Debtors

2025 2024
£ £
Trade debtors 26,737 4,746
17Creditors: amounts falling duewithin one year
2025 2024
£ £
Other loans 6,720 6,720
Hire purchase 3,608 =
Othertaxation and social security 4,907 3,180
Other creditors 2,466 1,800
Accruals 5,736 1,440
23,437 13,140
18Creditors: amounts falling due after oneyear
2025 2024
£ £
Other loans 154,808 161,636
Hire purchase 17,406
172,214 161,636

Other loans represents a loan from Social Investment Scotland, which has a repayment term of 15 years at an interest rate of 7% fixed for the term of the loan.

Page 27

Go! Youth Trust

Notes to the Financial Statements for the Year Ended 30 June 2025

19 Pension and other schemes

Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £13,927 (2024 - £9,786).

20 Commitments

Funding commitments

Following the purchase of 22 Bank Street, the Trustees have drawn up plans for the development of the property for charitable use at an estimated cost of £1.2 million. The Trustees will not commit the charity to this spend until all the funding is secured.

21 Related party transactions

There were no related party transactions in the year.

Page 28

Go! Youth Trust

Notes to the Financial Statements for the Year Ended 30 June 2025

22 Funds

Balance at Balance at
1 July Incoming Resources 30June
2024 resources expended Transfers 2025
£ £ £ £ £
Unrestricted funds
General
General fund 19,506 116,010 (108,512) 3,180 30,184
Designated
Designated assets fund 87,104 . (22,940) 132,563 196,727
Designated - development
in new geographical areas 23,442 61,667 (38,702) - 46,407
110,546 61,667 (61,642) 132,563 243,134
Total unrestricted funds 130,052 177,677 (170,154) 135,743 273,318
Restricted funds
Building Fund 3,980 155,027 (7,732) (56,069) 95,206
Universal Youth Work Fund 17,603 47,528 (53,262) - 11,869
Camp Residentials Fund 6,914 16,133 (16,431) - 6,616
Mentoring Fund 27,347 40,000 (44,543) (4,010) 18,794
Family Support Fund - 14,000 (6,361) : 7,639
Propel Fund - 75,313 (47,560) = 27,753
Skills Academy Fund 4,869 68,729 (59,458) - 14,140
Core/Development Costs
Fund 24,345 71,101 (75,041) (789) 19,616
Vehicle Fund - 74,875 - (74,875) 3
Personal Development
Fund 20,087 54,996 (51,348) - 23,735
Total restricted funds 105,145 617,702 (361,736) _ (135,743) 225,368
Totalfunds 235,197 795,379 (531,890) - 498,686

Page 29

Go! Youth Trust

Notes to the Financial Statements for the Year Ended 30 June 2025

As
Restated
Balance at Balance at
1 July Incoming Resources 30June
2023 resources expended Transfers 2024
fF. £ £ £ £
Unrestricted funds
General
General fund 37,951 259,338 (226,071) (51,712) 19,506
Designated
Designated assets fund 78,457 - (2,447) 11,094 87,104
Designated - development
in new geographical areas - - - 23,442 23,442
78,457 - (2,447) 34,536 110,546
Total unrestricted funds 116,408 259,338 (228,518) (17,176) 130,052
Restricted funds
Go! For It Fund - 2,880 (811) (2,069) :
Switch Fund 1,049 (1,049) - °
Catalyst Fund 11,974 8 (11,982) - -
On Ye Go Fund - 2,500 (2,500) - -
Building Fund 15,446 14,039 (22;777) (2,728) 3,980
Roots Fund 1,036 - (1,036) - -
Universal Youth Work Fund - 58,839 (26,942) (14,294) 17,603
Thrive Fund 29,720 22,620 (34,136) (18,204) =
Camp Residentials Fund 12,043 29,678 (29,654) (5,153) 6,914
Mentoring Fund (182) 3,000 (1,266) 25,795 27,347
NXT Fund 4,220 35,459 (33,259) (6,420) =
Princes Trust Team
Programme Fund 9,052 - “ (9,052) -
Streetwork Fund 4,944 4,860 (9,804) - -
Skills Academy Fund - - - 4,869 4,869
Core/Development Costs
Fund - - - 24,345 24,345
Personal Development
Fund - - - 20,087 20,087
Total restricted funds 89,302 173,883 (175,216) 17,176 105,145
Totalfunds 205,710 433,221 (403,734) - 235,197

Page 30

Go! Youth Trust

Notes to the Financial Statements for the Year Ended 30 June 2025

The specific purposes for which the funds are to be applied are as follows:

Unrestricted funds:

The General fund represents all income and expenditure relating to the primary focus activities of the charity, other than those for which funding is restricted.

The Designated assets fund represents the value of the charity's fixed assets, net of financing loans, to ringfence them from those assets which are liquid and available for the Trustees to utilise.

The Trustees designated funding from the Centre for Social Justice, the Vardy Foundation, and the Souter Charitable Trust to support the development of the charity's work in new geographical areas, including Clackmannanshire and Stirling. These funds remain unrestricted but have been designated to reflect the charity's strategic priorities.

Restricted funds:

The Go/ For It Fund represents funds raised and related expenditure for the Go! For It programme.

The Switch Fund represents funds raised and related expenditure for the Switch programme.

The Catalyst Fund represents funds raised and related expenditure for the Catalyst programme.

The On Ye Go Fund represents funds raised and related expenditure for the On Ye Go programme.

The Building Fund represents funds raised and related expenditure for the new building.

The Roots Fund (previously called the Ark fund) represents funds raised and related expenditure for the Roots programme.

The Universal Youth Work Fund represents funds raised and related expenditure for our mid-week youth work drop-ins and holiday programmes which are open to all young people.

The Thrive Fund represents funds raised and related expenditure for our Thrive programme supporting young women with mental health problems and/or social isolation.

The Camp Residentials Fund represents grants provided for residential activities and resources.

The Mentoring Fund represents funds provided for 1:1 mentoring of young people and activity costs.

The NXT fund represents funding for the delivery of a bespoke school programme for young people.

The Princes Trust Team Programme Fund represents funds raised and related expenditure for our Princes Trust Team programme. This was incorrectly restricted last year and has now been transferred into the Skills Academy work through the general funding of the charity.

Page 31

Go! Youth Trust

Notes to the Financial Statements for the Year Ended 30 June 2025

The Streetwork Fund represents funds raised and related expenditure for our Streetwork project.

The Skills Academy Fund represents funds raised to support the Skills Academy Team Programme. The Core/Development Costs Fund represents funds to support core running and development costs. The Personal Development Fund was previously the Thrive Fund and NXT Fund, as detailed above.

Restatement of 2024 Fund Balances

This approach was adopted to strengthen financial governance and internal control. By aligning the structure of charitable funds in the accounts with funder-specific reporting requirements, we reduce the risk of misinterpretation, duplication, or parallel tracking of funds, and provide a clearer audit trail from funder agreement through to financial statements.

The funds were restated by way of transfers.

Page 32

Go! Youth Trust

Notes to the Financial Statements for the Year Ended 30 June 2025

23 Analysis of net assets between funds

Unrestricted funds
General
Designated		 Unrestricted funds
General
Designated		 Restricted
funds		 Total funds
2025
£ £ £ £
Tangible fixed assets - 379,269 - 379,269
Current assets 43,293 46,407 225,368 315,068
Current liabilities (13,109) (10,328) = (23,437)
Creditors over 1 year - (172,214) - (172,214)
Total net assets 30,184 243,134 225,368 498,686
Unrestricted funds
General
Designated		 Restricted
funds		 Total funds
2024
£ £ £ £
Tangible fixed assets - 255,460 - 255,460
Current assets 25,926 23,442 105,145 154,513
Current liabilities (6,420) (6,720) 2 (13,140)
Creditors over 1 year - (161,636) - (161,636)
Totalnetassets 19,506 110,546 105,145 235,197

24 Analysis of net funds

24 Analysis of net fundsnet fundsfunds
At 1 July Financing At30June
2024 cash flows 2025
£ £ £
Cash at bank and in hand 149,767 138,564 288,331
Net funds 149,767 138,564 288,331
At 1 July Financing At 30June
2023 cash flows 2024
£ £ £
Cash at bank and in hand 110,378 39,389 149,767
Netfunds 110,378 39,389 149,767

Page 33