**REGISTERED CHARITY NUMBER: SC044148**
## **Report of the Trustees and**
## **Financial Statements for the Year Ended 31 March 2026**
**for**
## **Knightswood Community SCIO**
Brett Nicholls Associates Herbert House
24 Herbert Street Glasgow G20 6NB
**Knightswood Community SCIO**
## **Contents of the Financial Statements for the Year Ended 31 March 2026**
||**Page**|
|---|---|
|**Reference and Administrative Details**|1|
|**Report of the Trustees**|2 to 3|
|**Independent Examiner's Report**|4|
|**Statement of Financial Activities**|5|
|**Balance Sheet**|6|
|**Notes to the Financial Statements**|7 to 14|
**Knightswood Community SCIO**
**Reference and Administrative Details for the Year Ended 31 March 2026**
**TRUSTEES** Carol Steele (Chairperson) (resigned 29.4.25) Peter Lavelle (Chairperson from 03.06.25) Shona McCarthy (Vice Chairperson) Valerie Gray (Treasurer) Mark Biggins (Secretary) Stephen Gray (Minute Secretary to 28.07.25) Lynne Routledge (Minute Secretary from 29.07.25) Jacqueline Fleming Rhonda Gray Alex Fleming Denise Moran **PRINCIPAL ADDRESS** Knightswood Community Centre 201 Alderman Road Glasgow G13 3DD **REGISTERED CHARITY NUMBER** SC044148 **INDEPENDENT EXAMINER** David Nicholls FCCA Brett Nicholls Associates Herbert House 24 Herbert Street Glasgow G20 6NB **BANKERS** Bank of Scotland PO Box 1000 BX2 1LB
Page 1
**Knightswood Community SCIO**
## **Report of the Trustees for the Year Ended 31 March 2026**
The trustees present their report with the financial statements of the charity for the year ended 31 March 2026. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The primary objectives of the Charity are:
The advancement of citizenship or community development, and
The provision of recreational facilities, or the organisation of recreational activities, with the object of improving the conditions of life for the persons for whom the facilities or activities are primarily intended.
## **Significant activities**
Providing social, cultural, recreational and educational facilities that will improve the conditions of life for people in the Knightswood community, particularly through the operation of the Knightswood Community Centre.
## **ACHIEVEMENTS AND PERFORMANCE**
## **Charitable activities**
Knightswood Community SCIO continues to receive funding from the Glasgow Community Fund to cover operating costs of Knightswood Community Centre as well as staffing costs and some running costs. The remainder of running costs will be covered by income from hall hire.
Knightswood Community SCIO secured future funding from Glasgow Community Fund for 2026-2029 of £412,552.
Funding from the National Lottery’s Community Led and Improving Lives Programme has allowed the Development Officers post to be continued to March 2027.
We secured a new tenant, Born to be Alive CIC, for the Talisman Room and a new regular let; Physioform Pilates. Knightswood Community Centre continues to have a wide variety of regular lets for users to attend. Footfall for last year was 68,310.
The Alderman Hall floor was repaired stripped and revarnished during the summer period. Following last years Access Audit the accessible toilet has been modified and radar key system fitted, the car park has new disabled parking signs fitted. The Community Centre is now also being fitted with LED lighting.
Community Cinema continues to be very popular and has shown 40 different films in a partnership with Ignite Theatre funding provide by TNL Community Fund, along with funding in partnership with Ignite theatre employ a Youth worker to develop a Youth Forum.10 Large scale Community events have taken place over the year in partnership with various partners.
Community Garden with Grants totalling £11,185.95 allowed accessible path to be completed, along with purchase of plants shrubs vegetables and gardening equipment.
## **FINANCIAL REVIEW**
## **Financial position**
The charity generated a surplus of £15,505 for the year ended 31 March 2026 (2025: £17,445).
At 31 March 2026, total reserves stood at £369,482 (2025: £353,977) with £306,962 of these being unrestricted general reserves (2025: £286,551) and £60,520 of funds representing the net book value of fixed assets (2025: £67,426). The charity also held £2,000 of restricted funds (2025: nil).
Page 2
**Knightswood Community SCIO**
## **Report of the Trustees for the Year Ended 31 March 2026**
## **FINANCIAL REVIEW**
## **Reserves policy**
To maintain a level of financial reserves to support cash-flow, provide set cover for annual operating costs and maintain designated funds, for essential building repair and improvements in future years, including a contingency for significant increases in energy and other unexpected costs.
It is the policy of the Charity to maintain unrestricted funds, at a level equivalent of three to six month's expenditure. For the year ended 31 March 2026, ordinary expenditure for 6 months was £159,707 (2025: £150,665).
At 31 March 2026, the charity held unrestricted general reserves of £306,962 (2025: £286,551). Therefore, the trustees are satisfied that this policy is being met. The funds held in excess of the reserves policy will be reinvested in the development of the charity.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The Charity is controlled by its governing document which is referred to as the Constitution.
## **Recruitment and appointment of new trustees**
Knightswood Community SCIO recognises that an effective board of charity trustees is essential if the organisation is to be successful in achieving its objects. The board must seek to be representative of the people with whom the organisation works and must have available to it all the knowledge and skills required to run the organisation.
## **Key management remuneration**
In the opinion of the trustees, there is one member of key management, The Manager. The total employer costs relating to this post in 2025-26 were £42,291 (2025: £39,635).
## 11/08/2026
Approved by order of the board of trustees on ......... ~~....~~ E37C0000-8F47-5A6D-585C-08DEF853998C......................... ~~....~~ ... and signed on its behalf by:
**----- Start of picture text -----**
E37C0000-8F47-5A6D-5854-08DEF853998C
**----- End of picture text -----**
..... ~~..............~~ .................................. ~~.............~~ ........ Peter Lavelle - Trustee
Page 3
## **Independent Examiner's Report to the Trustees of Knightswood Community SCIO**
I report on the accounts for the year ended 31 March 2026 set out on pages five to fourteen.
## **Respective responsibilities of trustees and examiner**
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.
## **Basis of the independent examiner's report**
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention :
- (1) which gives me reasonable cause to believe that, in any material respect, the requirements
- to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
- to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
**----- Start of picture text -----**
E37C0000-8F47-5A6D-586E-08DEF853998C
**----- End of picture text -----**
David Nicholls FCCA Fellow of the Association of Chartered Certified Accountants Brett Nicholls Associates Herbert House 24 Herbert Street Glasgow G20 6NB 12/08/2026
E37C0000-8F47-5A6D-5870-08DEF853998C Date: .......... ~~....~~ ......................... ~~....~~ ..
Page 4
**Knightswood Community SCIO**
## **Statement of Financial Activities for the Year Ended 31 March 2026**
|**Unrestricted**
**funds**
**Notes**
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
500
Other trading activities
3
125,426
Investment income
4
452
Other income
5
10,500
**Total**
136,878
**EXPENDITURE ON**
**Charitable activities**
6
Local community centre and related projects
123,373
**NET INCOME**
13,505
**RECONCILIATION OF FUNDS**
Total funds brought forward
353,977
**TOTAL FUNDS CARRIED FORWARD**
367,482|**Restricted**
**funds**
**£**
198,041
-
-
-
198,041
196,041
2,000
-
2,000|**2026**
**Total**
**funds**
**£**
198,541
125,426
452
10,500
334,919
319,414
15,505
353,977
369,482|**2025**
**Total**
**funds**
**£**
190,974
122,800
-
5,000
318,774
301,329
17,445
336,532
353,977|
|---|---|---|---|
## **CONTINUING OPERATIONS**
This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities in both years. Comparative figures for the previous year by fund type are shown in note 11.
The notes on pages 7 – 14 form part of these financial statements
Page 5
## **Knightswood Community SCIO**
## **Balance Sheet 31 March 2026**
|**Notes**
**FIXED ASSETS**
Tangible assets
12
**CURRENT ASSETS**
Debtors
13
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
14
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
17
Unrestricted funds:
General fund
Designated Fixed Asset Fund
Restricted funds
**TOTAL FUNDS**
The financial statements were approved by the Board of Trustees and authorised for issue on
and were signed on its behalf by:|**2026**
**£**
60,520
8,126
310,100
318,226
(9,264)
308,962
369,482
369,482
306,962
60,520
367,482
2,000
369,482|
|---|---|
E37C0000-8F47-5A6D-5865-08DEF853998C ............................................. Valerie Gray - Trustee
The notes on pages 7 – 14 form part of these financial statements
Page 6
**Knightswood Community SCIO**
## **Notes to the Financial Statements for the Year Ended 31 March 2026**
## **1. ACCOUNTING POLICIES**
## **General information**
Knightswood Community SCIO ("the charity") is a Scottish charitable incorporated organisation governed by its constitution. It was registered as a charity in Scotland (registered number SC044148) on 17 July 2013. Its registered address is 201 Alderman Road, Glasgow, G13 3DD.
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
The financial statements are prepared on an accruals basis, and on a going concern basis, in accordance with: - the Charities and Trustee Investment (Scotland) Act 2005; - Regulation 8 (Statement of account - Fully accrued accounts) of The Charities Accounts (Scotland) Regulations 2006;
- the Financial Reporting Standard applicable in the UK and Republic of Ireland, published in March 2018 ("FRS 102"), to the extent that it applies to small entities and public benefit entities;
- 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland, published in October 2019 (FRS 102)' ("the Charities SORP");
- UK Generally Accepted Accounting Practice; and
- the historical cost convention.
The charity meets the definition of a public benefit entity under FRS 102.
Assets and liabilities are initially recognised at historical cost or transaction value, unless otherwise stated in the relevant accounting policy.
The financial statements are presented in UK sterling, which is the charity's functional currency, and rounded to the nearest pound.
There have been no changes to the basis of preparation this financial year or to the previous financial year's financial statements.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Cash at bank and in hand**
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **Creditors and provisions**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Page 7
continued...
**Knightswood Community SCIO**
**Notes to the Financial Statements - continued for the Year Ended 31 March 2026**
## **1. ACCOUNTING POLICIES - continued**
## **Cash at bank and in hand**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Tangible fixed assets**
All assets costing more than £500 are capitalised and valued at historic cost. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
IT & Other Equipment - 25% on cost Fixtures and fittings - 25% on cost Improvements to Property - 5% on cost
## **Taxation**
Knightswood Community SCIO is a charity within the meaning of Section 467 of the Corporation Tax Act 2010. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 of Part 11 of the Corporation Tax Act 2010 and section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that such income or gains are applied for charitable purposes only.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **Financial instruments**
The charity has financial assets and financial liabilities that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
## **2. DONATIONS AND LEGACIES**
|Donations
Grants
Grants received, included in the above, are as follows:
Area Committee
Glasgow Communities Fund
Glasgow Airport FlightPath Fund
The National Lottery Community Led Fund
GCVS
FCC Communities
Glasgow Community Food Network|**2026**
**£**
500
198,041
198,541
**2026**
**£**
5,375
137,594
-
47,260
2,000
5,320
492
198,041|**2025**
**£**
170
190,804
190,974
**2025**
**£**
4,500
137,594
2,000
46,710
-
-
-
190,804|
|---|---|---|
Grants received, included in the above, are as follows:
Page 8
continued...
**Knightswood Community SCIO**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2026**
## **3. OTHER TRADING ACTIVITIES**
|**2026**
**£**
Private Functions
8,478
Exclusive Use
12,423
Hall Lets
99,768
Membership Fees
96
Kitchen - Licence Rates
4,661
125,426
**4.**
**INVESTMENT INCOME**
**2026**
**£**
Bank interest
452
**5.**
**OTHER INCOME**
**2026**
**£**
Employment Allowance
10,500
**6.**
**CHARITABLE ACTIVITIES COSTS**
**Direct**
**Support**
**Costs (see**
**costs (see**
**note 7)**
**note 8)**
**£**
**£**
Local community centre and related
projects
318,064
1,350
**7.**
**DIRECT COSTS OF CHARITABLE ACTIVITIES**
**2026**
**£**
Staff costs
170,815
Stationery and Office
1,714
Payroll & HR Fees
1,650
Advertising & Marketing
4,725
Equipment
13,221
Sundries
67
Heat, Light & Power
25,620
Insurance
9,722
Professional Fees
15,109
Rates & Service Charges
750
Repairs & Maintenance
39,055
Staff Training
-
Telephone/Communications
4,692
Staff Costs - Uniforms etc.
236
Cleaning Materials
7,006
Fire Safety
3,298
Garden Services
3,731
Subscriptions
1,076
Washroom Hygiene
1,578
Travel expenses
51
Entertainment - Hospitality
792
Water Rates
6,250
Carried forward
311,158|**2025**
**£**
7,480
13,512
96,173
120
5,515
122,800
**2025**
**£**
-
**2025**
**£**
5,000
**Totals**
**£**
319,414
**2025**
**£**
148,223
3,827
1,490
4,976
24,056
79
41,984
8,981
11,980
750
11,696
2,142
5,704
286
6,440
5,734
5,257
1,175
1,452
-
1,531
5,644
293,407|**2025**
**£**
7,480
13,512
96,173
120
5,515
122,800
**2025**
**£**
-
**2025**
**£**
5,000
**Totals**
**£**
319,414
**2025**
**£**
148,223
3,827
1,490
4,976
24,056
79
41,984
8,981
11,980
750
11,696
2,142
5,704
286
6,440
5,734
5,257
1,175
1,452
-
1,531
5,644
293,407|
|---|---|---|
||||
|||**Totals**
**£**
319,414
**2025**
**£**
148,223
3,827
1,490
4,976
24,056
79
41,984
8,981
11,980
750
11,696
2,142
5,704
286
6,440
5,734
5,257
1,175
1,452
-
1,531
5,644
293,407|
||||
||||
Page 9
continued...
**Knightswood Community SCIO**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2026**
|**7.**
**DIRECT COSTS OF CHARITABLE ACTIVITIES - continued**
Brought forward
Depreciation
**8.**
**SUPPORT COSTS**
Bank charges
Accountancy - Independent Examination Fee
Trustee Expenses|**2026**
**£**
311,158
6,906
318,064
**2026**
**£**
70
1,140
140
1,350|**2025**
**£**
293,407
6,718|**2025**
**£**
293,407
6,718|
|---|---|---|---|
|||300,125||
|||**2025**
**£**
-
1,140
64
1,204||
||||1,204|
## **9. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2026 nor for the year ended 31 March 2025.
## **Trustees' expenses**
During the year, total expenses of £140 were reimbursed to one of the trustees for travel expenses (2025: £64).
## **10. STAFF COSTS**
|Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Office and Caretaking Staff||**2026**
**£**
148,865
17,599
4,351
170,815
**2026**
6||**2025**
**£**
132,604
11,730
3,889|
|---|---|---|---|---|
|||||148,223|
|||||**2025**
6|
No employees received emoluments in excess of £60,000.
Page 10
continued...
**Knightswood Community SCIO**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2026**
|**11.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
170
190,804
Other trading activities
122,800
-
Other income
5,000
-
**Total**
127,970
190,804
**EXPENDITURE ON**
**Charitable activities**
Local community centre and related projects
110,525
190,804
**NET INCOME**
17,445
-
**RECONCILIATION OF FUNDS**
Total funds brought forward
336,532
-
**TOTAL FUNDS CARRIED FORWARD**
353,977
-
**12.**
**TANGIBLE FIXED ASSETS**
**Improvements**
**IT &**
**Fixtures**
**to**
**Other**
**and**
**property**
**Equipment**
**fittings**
**£**
**£**
**£**
**COST**
At 1 April 2025 and 31 March 2026
73,024
36,117
39,338
**DEPRECIATION**
At 1 April 2025
13,691
28,024
39,338
Charge for year
3,651
3,255
-
At 31 March 2026
17,342
31,279
39,338
**NET BOOK VALUE**
At 31 March 2026
55,682
4,838
-
At 31 March 2025
59,333
8,093
-|**Total**
**funds**
**£**
190,974
122,800
5,000|
|---|---|
||318,774|
||301,329|
||17,445
336,532|
||353,977|
||**Totals**
**£**
148,479
81,053
6,906
87,959
60,520
67,426|
Page 11
continued...
**Knightswood Community SCIO**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2026**
|**13.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Payroll Account
Other debtors
Prepayments
**14.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Accrued Expenses
**15.**
**LEASING AGREEMENTS**
Minimum lease payments under non-cancellable operating leases fall due as follows:
Within one year
Between one and five years
In more than five years|**2026**
**£**
8,464
(338)
-
-
8,126
**2026**
**£**
8,124
1,140
9,264
**2026**
**£**
750
3,000
6,750
10,500|**2025**
**£**
9,703
(387)
1,186
6,250
16,752
**2025**
**£**
14,555
3,515
18,070
**2025**
**£**
750
3,000
7,500
11,250|
|---|---|---|
## **16. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
Fixed assets
60,520
-
Current assets
316,226
2,000
Current liabilities
(9,264)
-
367,482
2,000|**2026**
**Total**
**funds**
**£**
60,520
318,226
(9,264)
369,482|**2025**
**Total**
**funds**
**£**
67,426
304,621
(18,070)
353,977|
|---|---|---|
## **Comparatives for analysis of net assets between funds**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
Fixed assets
67,426
-
Current assets
304,621
-
Current liabilities
(18,070)
-
353,977
-|**2025**
**Total**
**funds**
**£**
67,426
304,621
(18,070)
353,977|**2024**
**Total**
**funds**
**£**
69,961
286,251
(19,680)
366,532|
|---|---|---|
Page 12
continued...
**Knightswood Community SCIO**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2026**
## **17. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
Designated Fixed Asset Fund
**Restricted funds**
GCVS Wellbeing Fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as
**Unrestricted funds**
General fund
Designated Fixed Asset Fund
**Restricted funds**
Glasgow Communities Fund
GCC Area Committee
The National Lottery Community Led Fund
GCVS Wellbeing Fund
FCC Communities
Glasgow Community Food Network
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
Designated Fixed Asset Fund
**TOTAL FUNDS**|**Net**
**movement**
**At**
**At 1/4/25**
**in funds**
**31/3/26**
**£**
**£**
**£**
286,551
20,411
306,962
67,426
(6,906)
60,520
353,977
13,505
367,482
-
2,000
2,000
353,977
15,505
369,482
follows:
**Incoming**
**Resources**
**Movement**
**resources**
**expended**
**in funds**
**£**
**£**
**£**
136,878
(116,467)
20,411
-
(6,906)
(6,906)
136,878
(123,373)
13,505
137,594
(137,594)
-
5,375
(5,375)
-
47,260
(47,260)
-
2,000
-
2,000
5,320
(5,320)
-
492
(492)
-
198,041
(196,041)
2,000
334,919
(319,414)
15,505
**Net**
**Transfers**
**movement**
**between**
**At**
**At 1/4/24**
**in funds**
**funds**
**31/3/25**
**£**
**£**
**£**
**£**
267,434
24,163
(5,046)
286,551
69,098
(6,718)
5,046
67,426
336,532
17,445
-
353,977
336,532
17,445
-
353,977|
|---|---|
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continued...
**Knightswood Community SCIO**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2026**
## **17. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Designated Fixed Asset Fund
**Restricted funds**
Glasgow Communities Fund
GCC Area Committee
Glasgow Airport FlightPath Fund
The National Lottery Community Led Fund
**TOTAL FUNDS**|**Incoming**
**Resources**
**Movement**
**resources**
**expended**
**in funds**
**£**
**£**
**£**
127,970
(103,807)
24,163
-
(6,718)
(6,718)
127,970
(110,525)
17,445
137,594
(137,594)
-
4,500
(4,500)
-
2,000
(2,000)
-
46,710
(46,710)
-
190,804
(190,804)
-
318,774
(301,329)
17,445|
|---|---|
## **18. RELATED PARTY DISCLOSURES**
Other than those disclosed under note 9, there were no related party transactions for the year ended 31 March 2026.
## **19. PURPOSES OF FUNDS**
General fund - the unrestricted, free reserves of the Charity.
GCC Area Committee - funding towards community garden equipment.
FCC Communities - funding towards community garden equipment.
Glasgow Community Food Network- funding towards community garden equipment.
Glasgow Airport FlightPath Fund - funding to create a disabled friendly path from the Centre's car park into the community garden to make the community garden open to everyone.
Glasgow Communities Fund - revenue grant funding from Glasgow City Council. Approximately two thirds of the grant is for salary costs, and the rest a contribution towards running costs of the Centre.
The National Lottery Community Led Fund - funding for the costs of an FT Development Worker: Sessional Youth Worker; Sessional Events Assistant; Film Licenses; Activity Costs; Catering Costs and Marketing.
GCVS Wellbeing Fund - funding for AYE CAN DAE
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