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Annual Report 2024-2025
# **2**
# **3**
# **4**
# **5**
# **6**
**----- Start of picture text -----**
97% built their 96% developed 85% created and 97% participated
health and and managed applied their learning safely and
and described their
wellbeing relationships skills and achievements effectively in
effectively groups and teams
439 YP 434 YP 384 YP 439 YP
67% considered 27% grew as active 41% broadened their 37% increased
risk, made citizens, expressing perspectives through understanding of
reasoned decisions their voice and new experiences their own spirituality
and took control enabling change and thinking and/or God
302 YP 121 YP 188 YP 168 YP
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**7**
# **8**
# **9**
# **10**
# **11**
**12**
# **13**
# **14**
# **15**
# **16**
# **17**
**18**
# **19**
## Financial Review
Income for the year to 3oth September 2025 decreased compared to the previous 15-month period, from £400,973 to £289,525. Expenditure for the year was £277,617 (15-month period to 30 September 2024: £322,476). However, taking 80% of the income and expenditure for the 15 month prior period, to obtain an estimate of a 12 month period, the comparable income would have been £320,779 and the comparable expenditure would have been £257,981. This shows a reduction in income and an increase in expenditure when the 12 month estimates are compared.
Net income has still been generated for the financial period of £11,908 but this is much lower than the net income of £78,497 in the previous period.
The total fund balance at the year-end was £244,871 (2024: £232,963) made up of £165,018 of unrestricted funds (2024: £160,144) and £71,293 of restricted funds (2024: £57,207). In addition, the charity holds £8,560 as fixed assets.
## Reserves Policy
The purpose of the Reserves Policy of the charity is to ensure the stability of the mission, programmes, employment and ongoing operations of the organisation. The charity’s reserves are intended to provide an internal source of funds for situations such as a sudden increase in expenses, one-time unbudgeted expenses, unanticipated loss in funding or uninsured losses. The target reserves for the charity is a sum equal to three months of average operating costs. The level of reserves that should be in place as a result of this policy is around £70,000 (2024: £65,000). Current level of reserves of the charity, that is unrestricted funds, excluding funds designated for a particular purpose and excluding Fixed Assets, held for the charity’s own use, is £165,018 (2024: £160,114). This is over double that which the Trustees have determined should be held. However, the funds held will be used in the coming year to fund salary increases for staff and increases in general running costs. In addition, in the medium term they will be used to improve our accommodation by either extending our current Hub or acquiring a bespoke portacabin to provide additional support to young people in our local area.
## Reference and Administrative Information
|**Charity Name**|Kinross-shire Youth Enterprise SCIO||
|---|---|---|
||Also known as KYTHE||
|**Charity number**|SC045043||
|**Principal address**|Muirs, Kinross KY13 8FP||
|**Trustees at date of Report**|Jaffrey Weir|Convenor|
|**Approval**|||
||Stephen Hutt|Financial Oversight|
||Susan Packham||
||Judith Anne Benningwood|Appointed 03/12/2025|
|**Other Trustees during year**|No other trustees served during the year||
|**Independent examiner**|Margaret Birse||
|**Banker**|Bank of Scotland||
The Trustees delegate aspects of the day-to-day operations of the charity to the following Overseers
|**Overseers**|Andy Bradley|
Head of Youth Work|
|---|---|---|
||Lynn Caldwell|Interim Operations Manager|
||Liz Logan|Fundraising Lead|
||Cara Chalmers||
||Fiona Eastop||
||Gordon Roy||
|**Key Advisors**|Annika Roberts|
Book-keeper|
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20
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## Structure, Governance and Management
## **Constitution**
## The charity is governed by its Constitution.
The charity was incorporated on 12 August 2014 as a Scottish Charitable Incorporated Organisation (SCIO) and is registered with OSCR. It was set up on the initiative of four Church of Scotland congregations in Kinross-shire (Cleish, Fossoway St Serfs & Devonside, Kinross, and Orwell & Portmoak) and all trustees are members of various local churches. The Board are the Charity Trustees and are the organisation’s only members. The organisation is managed by the Board. The Board may delegate functions or powers to sub-committees.
## **Appointment of Trustees**
There must be a minimum of three Trustees and a maximum of fifteen. Any person aged sixteen or over who subscribes to the purposes of the organisation is eligible to apply to be a Trustee and their suitability is considered by the Board. All Trustees must retire from office at each AGM and are eligible for re-election.
## **Charitable Purposes**
The organisation is established for charitable purposes only and, in particular, the objects are:
- To provide Christian leadership, training, education, support, fellowship and encouragement among young people in Kinross-shire and the
- surrounding areas.
- To promote social harmony and mutual understanding among young people in Kinross-shire and the surrounding areas.
- To advance an understanding of the meaning and causes of poverty and the means of prevention or relief of poverty.
- To promote among young people the advancement of understanding of collective and individual responsibility towards the community in which
- they reside.
At a practical level, the organisation seeks through Dynamic Christian youth work to Transform young people’s lives within Kinross-shire and surrounding areas to make good personal decisions and life choices as a result of the activities that it provides.
The Trustees approved this report on 5[th] March 2026
Signed on their behalf by: _______________________________ Andrew Jaffrey Weir Convenor
## Independent Examiner’s Report
## **To the Trustees of KYTHE**
I report on the Statement of Account for the charity for the year ended 30[th] September 2025 set out in this document. The Financial Statements are set out on the following pages.
## **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 (as amended). 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.
Signed ____________________________________ 6[th] March 2026
Margaret Birse CCFA CIPFA (affil) FCIE Tangram Accounting 23 Clark Avenue Linlithgow West Lothian, EH49 7AP
**21**
## Statement of Financial Activities (SOFA) For the Year Ended 30th September 2025
|**Income and Endowments From:**
2
Donations and Legacies
Charitable Activities
Other Trading Activities
Investment Income
Other Income
**Total Income**
**Expenditure On:**
3
Raising Funds
Charitable Activities
**Total Expenditure**
Net Income/(Expenditure)
Transfers between Funds
Net Movement of Funds
9
**Reconciliation of Funds**
Total Funds Brought Forward
**Total Funds Carried Forward**
Note|**Unrestricted**
**Funds**
**Designated**
**Fixed Asset**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**Unrestricted**
**Funds**
**Designated**
**Fixed Asset**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
73,374
-
146,596
219,970
141,984
-
188,071
330,055
53,225
-
5,591
58,816
58,774
-
-
58,774
2,561
-
-
2,561
5,844
-
-
5,844
7,593
-
-
7,593
6,300
-
-
6,300
585
-
-
585
-
-
-
-
**137,338**
**-**
**152,187**
**289,525**
**212,902**
**-**
**188,071**
**400,973**
1,812
-
-
1,812
1,627
-
-
1,627
130,622
7,082
138,101
275,805
163,798
11,040
146,011
320,849
**132,434**
**7,082**
**138,101**
**277,617**
**165,425**
**11,040**
**146,011**
**322,476**
4,904
(7,082)
14,086
11,908
47,477
(11,040)
42,060
78,497
-
-
-
-
4,904
(7,082)
14,086
11,908
47,477
(11,040)
42,060
78,497
160,114
15,642
57,207
232,963
112,637
26,682
15,147
154,466
**165,018**
**8,560**
**71,293**
**244,871**
**160,114**
**15,642**
**57,207**
**232,963**
**1 July 2023 - 30 Sept 2024 (15 months)**
**2024**
**1 October 2024 - 30 Sept 2025**
**2025**|
|---|---|
The notes on the following pages form part of the Financial Statements. Note that the length of the accounting period changed last year and that figures for the previous period are therefore not directly comparable.
## Balance Sheet At 30th September 2025
|Fixed Assets
Tangible Fixed Assets
6
**Total Fixed Assets**
**Current Assets**
Debtors
7
Cash at Bank and in Hand
**Total Current Assets**
**Liabilities**
Creditors: Amounts falling due within
one year
8
Net Current Assets/(Liabilities)
**Total Assets less current Liabilities**
Note|**Unrestricted**
**Funds**
**Designated**
**FA Funds**
**Restricted**
**Funds**
**Total Funds**
**Unrestricted**
**Funds**
**Designated**
**FA Funds**
**Restricted**
**Funds**
**Total Funds**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
8,560
8,560
-
15,642
-
15,642
**-**
**8,560**
**-**
**8,560**
**-**
**15,642**
**-**
**15,642**
5,845
-
9,236
15,081
11,064
-
24,000
35,064
161,313
63,836
225,149
151,072
-
33,425
184,497
167,158
-
73,072
240,230
162,136
-
57,425
219,561
2,140
-
1,779
3,919
2,022
-
218
2,240
165,018
-
71,293
236,311
160,114
-
57,207
217,321
**165,018**
**8,560**
**71,293**
**244,871**
**160,114**
**15,642**
**57,207**
**232,963**
as at 30 September 2024
**2024**
as at 30 September 2025
**2024**|
|---|---|
The notes on the following pages form part of these financial statements.
The Financial Statements were approved by the trustees on 5[th] March 2026, and signed on their behalf by
_______________________________________ Andrew Jaffrey Weir, Convenor
**22**
## Notes to the Financial Statements
## **1. Accounting Policies**
## **(a) Basis of Preparation**
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) (2[nd] Edition, effective 1 January 2019) **-** (Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Kinross-shire Youth Enterprise SCIO (KYTHE) meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
## **(b) Preparation of the accounts on a going concern basis**
The trustees are satisfied that the charity continues to be a going concern.
## **(c) Income**
• All incoming resources are included in the statement of financial activities when the charity is legally entitled to the income, any performance conditions attached to the income have been met, it is probable that the charity will receive the income and the amount can be measured reliably.
• Fees for provision of charitable activities to other organisations are only recorded in the SoFA when the related service has been delivered. When received prior to that, income is deferred until the appropriate time. Deferred income is measured at the sum paid for the service yet to be delivered.
- Where fees for the provision of charitable activities are not yet received at the year-end they are accrued.
- No amounts are included in the financial statements for services donated by volunteers.
- Debtors are recognised at the settlement amount due.
- Prepayments are valued at the amount prepaid by the charity.
## **(d) Expenditure and Irrecoverable VAT**
- 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 settlement will be required, and the amount of the obligation can be measured reliably.
- Expenditure is accounted for on an accruals basis.
- Creditors are measured at their settlement amount.
- The charity is not registered for VAT, and resources expended include attributable VAT which cannot be recovered.
## **(e) Donated Services, Facilities and Assets**
Donated professional services, donated facilities and donated assets for the charity’s use are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably.
On receipt, the donated services, facilities or assets are recognised on the basis of the value of the gift to the charity – which is the amount that the charity would have been willing to pay to obtain services, facilities or the fixed asset of equivalent benefit on the open market.
For professional services and facilities, a corresponding amount is recognised as expenditure in the period of receipts. For fixed assets for use by the charity, the value of the donated item is caplitalised at the value of the gift to the charity.
## **(f) Allocation of support costs**
As a small charity, KYTHE has taken advantage of the ability to report by natural classification of expenditure, and not report fully by Charitable Activity.
## **(g) Tangible Fixed Assets**
• Fixed assets consisting of equipment and fixtures and fittings are capitalised at cost when they have an expected useful life of over 1 year, and a cost of over £3,000.
• Toys, other than computer and video games equipment, are not capitalised, as in general their useful life is not significant. Depreciation is provided at the following annual rates, on a straight line basis, in order to write off each asset over its estimated useful life.
`o` Equipment - 33% on cost `o` Fixture and Fittings - 20% on cost `o` Vehicles - 20% on cost
## **(h) Taxation**
The charity is exempt from tax on income and gains to the extent that these are applied to its charitable objects.
## **(i) Fund Accounting**
Funds are classified as either restricted or unrestricted funds as follows:
**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.
**Unrestricted Funds** are expendable at the discretion of the trustees in furtherance of the objects of the charity. **Designated Funds** are funds set aside out of unrestricted funds by the trustees for a particular purpose. This designation is for administrative purpose only and does not legally restrict the trustees’ discretion to apply these funds. Fixed assets are transferred to a designated fund, in order that the cash position of the charity is clearer.
**23**
## Notes to the Financial Statements (cont.)
## **2. Analysis of Income**
|**3.**
**Analysis of Expenditure**
**Expenditure on:**
**Unr**
**Raising Funds**
Clothing Costs
Other Fundraising Expenditure
Tuck Shop Expenditure
**Total Expenditure on Raising Funds**
**Charitable Activities**
Salaries and Wages including
Employer Costs
4
Staff Travel & Subsistence
Recruitment, Payroll & HR
Training & Professional Membership
Fees
Events & Sessional Work
Volunteer Costs
Premises Rent, Rates & Insurance
Premises Heat & Light
Repairs, Renewals & Cleaning
Book-keeping and accounting
software
Print, Post, Phone & Internet
Youth Activities
Food & Drink
Consumables
Music Related
Equipment Expensed
Magnitude/Residentials
Youth Activities - Other costs
Mobile KYTHE
Depreciation
Trustee meeting costs
Accounts Preparation & IE
**Total Charitable Activity Expenditure**
**Total Expenditure**
Note:
**Donations and Legacies**
Donations from Churches
Donations Regular
Donations One-off
Gift Aid Recovery
Donations from Trusts
Grants
Donated Facilities
**Total Donations and Grants**
**Income from Charitable Activities**
Universal Youth Work Grant
Contract Youth Services
KYTHE Live
Magnitude
**Other Trading Activities**
Fundraising - Community Events
Tuck Shop
Use of Premises
Fundraising - Other
**Investments**- Interest Received
**Other Income -**Insurance payout and
HMRC refund
**Total Income**
Not|**3.**
**Analysis of Expenditure**
**Expenditure on:**
**Unr**
**Raising Funds**
Clothing Costs
Other Fundraising Expenditure
Tuck Shop Expenditure
**Total Expenditure on Raising Funds**
**Charitable Activities**
Salaries and Wages including
Employer Costs
4
Staff Travel & Subsistence
Recruitment, Payroll & HR
Training & Professional Membership
Fees
Events & Sessional Work
Volunteer Costs
Premises Rent, Rates & Insurance
Premises Heat & Light
Repairs, Renewals & Cleaning
Book-keeping and accounting
software
Print, Post, Phone & Internet
Youth Activities
Food & Drink
Consumables
Music Related
Equipment Expensed
Magnitude/Residentials
Youth Activities - Other costs
Mobile KYTHE
Depreciation
Trustee meeting costs
Accounts Preparation & IE
**Total Charitable Activity Expenditure**
**Total Expenditure**
Note:
**Donations and Legacies**
Donations from Churches
Donations Regular
Donations One-off
Gift Aid Recovery
Donations from Trusts
Grants
Donated Facilities
**Total Donations and Grants**
**Income from Charitable Activities**
Universal Youth Work Grant
Contract Youth Services
KYTHE Live
Magnitude
**Other Trading Activities**
Fundraising - Community Events
Tuck Shop
Use of Premises
Fundraising - Other
**Investments**- Interest Received
**Other Income -**Insurance payout and
HMRC refund
**Total Income**
Not|**Unrestricte**
**Funds**
**£**
13,28
8,21
2,51
3,28
2,30
38,97
e|**Designated**
**FA Funds**
**Restricted**
**Funds**
**£**
**£**
-
-
-
-
-
-
**-**
**-**
-
87,533
-
866
-
-
475
-
3,792
-
265
-
6,365
-
4,287
-
1,065
-
120
-
3,346
-
7,081
-
3,490
-
1,804
-
2,599
-
10,419
-
3,271
1,323
7,082
-
-
-
-
-
**7,082**
**138,101**
**7,082**
**138,101**
**1 October 2024 - 30 Sept 2025**
**2025**
**d**
**Designated**
**FA Funds**
**Restricted**
**Funds**
**£**
**£**
5
120
6
7
3,122
6
0
1,012
0
142,342
~~0~~
~~**4**~~
~~**-**~~
~~**146,596**~~
5
0
5,591
**5**
**-**
**5,591**
7
9
0
5
**1**
**-**
**3**
**-**
**5**
**-**
**8**
**-**
**152,187**
**1 October 2024 - 30 Sept 2025**
**2025**|**Restricted**
**Funds**
**£**
120
3,122
1,012
142,342
**- 30 Sept 2025**
**25**|**T**
**-**
**-**
**-**
|**otal Funds**
**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**£**
**£**
**£**
**£**
**£**
1,525
-
-
-
-
83
1,627
-
-
1,627
204
-
-
-
-
**1,812**
**1,627**
**-**
**-**
**1,627**
147,904
89,970
-
95,220
185,190
1,927
2,825
-
17
2,842
10,339
10,708
-
-
10,708
5,244
7,480
-
225
7,705
13,308
-
400
400
298
19
-
290
309
22,127
14,848
-
8,736
23,584
7,715
842
-
5,025
5,867
6,285
5,384
-
315
5,699
10,620
11,145
-
11,145
10,994
6,075
-
2,932
9,007
7,572
2,151
-
7,215
9,366
3,661
774
-
3,339
4,113
1,804
931
-
2,358
3,289
2,599
193
-
6,993
7,186
10,419
3,334
7,613
-
8,247
15,860
1,323
-
-
4,699
4,699
7,082
-
11,040
-
11,040
100
1,740
-
-
1,740
1,150
1,100
-
-
1,100
**275,805**
**163,798**
**11,040**
**146,011**
**320,849**
**277,617**
**165,425**
**11,040**
**146,011**
**322,476**
**1 July 2023 - 30 Sept 2024 (15 months)**
**2024**
**Total Funds**
**Unrestricted**
**Funds**
**Designated**
**FA Funds**
**Restricted**
**Funds**
**Total Funds**
**£**
**£**
**£**
**£**
**£**
13,405
14,661
-
120
14,781
8,216
9,515
-
-
9,515
5,639
9,555
-
390
9,945
3,286
3,198
-
-
3,198
3,312
1,800
-
1,000
2,800
181,312
97,255
-
186,561
283,816
~~4,800~~
~~6,000~~
~~-~~
~~-~~
~~6,000~~
~~**219,970**~~
~~**141,984**~~
~~**-**~~
~~**188,071**~~
~~**330,055**~~
47,975
45,953
-
-
45,953
5,250
10,250
-
-
10,250
-
401
-
-
401
5,591
2,170
-
-
2,170
**58,816**
**58,774**
**-**
**-**
**58,774**
717
1,582
1,582
919
1,498
1,498
800
1,963
1,963
125
801
801
**2,561**
**5,844**
**-**
**-**
**5,844**
**7,593**
**6,300**
**-**
**-**
**6,300**
**585**
**-**
**-**
**-**
**-**
**289,525**
**212,902**
**-**
**188,071**
**400,973**
**1 July 2023 - 30 Sept 2024 (15 months)**
**2024**|**otal Funds**
**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**£**
**£**
**£**
**£**
**£**
1,525
-
-
-
-
83
1,627
-
-
1,627
204
-
-
-
-
**1,812**
**1,627**
**-**
**-**
**1,627**
147,904
89,970
-
95,220
185,190
1,927
2,825
-
17
2,842
10,339
10,708
-
-
10,708
5,244
7,480
-
225
7,705
13,308
-
400
400
298
19
-
290
309
22,127
14,848
-
8,736
23,584
7,715
842
-
5,025
5,867
6,285
5,384
-
315
5,699
10,620
11,145
-
11,145
10,994
6,075
-
2,932
9,007
7,572
2,151
-
7,215
9,366
3,661
774
-
3,339
4,113
1,804
931
-
2,358
3,289
2,599
193
-
6,993
7,186
10,419
3,334
7,613
-
8,247
15,860
1,323
-
-
4,699
4,699
7,082
-
11,040
-
11,040
100
1,740
-
-
1,740
1,150
1,100
-
-
1,100
**275,805**
**163,798**
**11,040**
**146,011**
**320,849**
**277,617**
**165,425**
**11,040**
**146,011**
**322,476**
**1 July 2023 - 30 Sept 2024 (15 months)**
**2024**
**Total Funds**
**Unrestricted**
**Funds**
**Designated**
**FA Funds**
**Restricted**
**Funds**
**Total Funds**
**£**
**£**
**£**
**£**
**£**
13,405
14,661
-
120
14,781
8,216
9,515
-
-
9,515
5,639
9,555
-
390
9,945
3,286
3,198
-
-
3,198
3,312
1,800
-
1,000
2,800
181,312
97,255
-
186,561
283,816
~~4,800~~
~~6,000~~
~~-~~
~~-~~
~~6,000~~
~~**219,970**~~
~~**141,984**~~
~~**-**~~
~~**188,071**~~
~~**330,055**~~
47,975
45,953
-
-
45,953
5,250
10,250
-
-
10,250
-
401
-
-
401
5,591
2,170
-
-
2,170
**58,816**
**58,774**
**-**
**-**
**58,774**
717
1,582
1,582
919
1,498
1,498
800
1,963
1,963
125
801
801
**2,561**
**5,844**
**-**
**-**
**5,844**
**7,593**
**6,300**
**-**
**-**
**6,300**
**585**
**-**
**-**
**-**
**-**
**289,525**
**212,902**
**-**
**188,071**
**400,973**
**1 July 2023 - 30 Sept 2024 (15 months)**
**2024**|**otal Funds**
**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**Total Funds**
**£**
**£**
**£**
**£**
**£**
1,525
-
-
-
-
83
1,627
-
-
1,627
204
-
-
-
-
**1,812**
**1,627**
**-**
**-**
**1,627**
147,904
89,970
-
95,220
185,190
1,927
2,825
-
17
2,842
10,339
10,708
-
-
10,708
5,244
7,480
-
225
7,705
13,308
-
400
400
298
19
-
290
309
22,127
14,848
-
8,736
23,584
7,715
842
-
5,025
5,867
6,285
5,384
-
315
5,699
10,620
11,145
-
11,145
10,994
6,075
-
2,932
9,007
7,572
2,151
-
7,215
9,366
3,661
774
-
3,339
4,113
1,804
931
-
2,358
3,289
2,599
193
-
6,993
7,186
10,419
3,334
7,613
-
8,247
15,860
1,323
-
-
4,699
4,699
7,082
-
11,040
-
11,040
100
1,740
-
-
1,740
1,150
1,100
-
-
1,100
**275,805**
**163,798**
**11,040**
**146,011**
**320,849**
**277,617**
**165,425**
**11,040**
**146,011**
**322,476**
**1 July 2023 - 30 Sept 2024 (15 months)**
**2024**
**Total Funds**
**Unrestricted**
**Funds**
**Designated**
**FA Funds**
**Restricted**
**Funds**
**Total Funds**
**£**
**£**
**£**
**£**
**£**
13,405
14,661
-
120
14,781
8,216
9,515
-
-
9,515
5,639
9,555
-
390
9,945
3,286
3,198
-
-
3,198
3,312
1,800
-
1,000
2,800
181,312
97,255
-
186,561
283,816
~~4,800~~
~~6,000~~
~~-~~
~~-~~
~~6,000~~
~~**219,970**~~
~~**141,984**~~
~~**-**~~
~~**188,071**~~
~~**330,055**~~
47,975
45,953
-
-
45,953
5,250
10,250
-
-
10,250
-
401
-
-
401
5,591
2,170
-
-
2,170
**58,816**
**58,774**
**-**
**-**
**58,774**
717
1,582
1,582
919
1,498
1,498
800
1,963
1,963
125
801
801
**2,561**
**5,844**
**-**
**-**
**5,844**
**7,593**
**6,300**
**-**
**-**
**6,300**
**585**
**-**
**-**
**-**
**-**
**289,525**
**212,902**
**-**
**188,071**
**400,973**
**1 July 2023 - 30 Sept 2024 (15 months)**
**2024**|
|---|---|---|---|---|---|---|---|---|
|||~~4,80~~|||||||
|||~~**73,37**~~||~~**146,596**~~|||||
|||47,97
5,25|||||||
|||||5,591|||||
|||**53,22**||**5,591**|||||
|||71
91
80|||||||
|||12|||||||
|||**2,56**|||||||
||||||||||
|||**7,59**|||||||
||||||||||
||||||||||
|||**58**|||||||
||||||||||
|||**137,33**||**152,187**|||||
|||**estricted**
**Funds**
**£**
1,525
83
204
**1,812**
60,371
1,061
10,339
4,769
9,516
33
15,762
3,428
5,220
10,500
7,648
491
171
-
-
-
63
-
-
100
1,150
**130,622**
**132,434**||||**otal Funds**
**£**
1,525
83
204
**1,812**
147,904
1,927
10,339
5,244
13,308
298
22,127
7,715
6,285
10,620
10,994
7,572
3,661
1,804
2,599
10,419
3,334
1,323
7,082
100
1,150
**275,805**
**277,617**||**Total Funds**
**£**
-
1,627
-|
|||||||||**1,627**|
|||||||||185,190
2,842
10,708
7,705
400
309
23,584
5,867
5,699
11,145
9,007
9,366
4,113
3,289
7,186
15,860
4,699
11,040
1,740
1,100|
|||||||||**320,849**|
||||||||||
|||||||||**322,476**|
## **3. Analysis of Expenditure**
**24**
## Notes to the Financial Statements (cont.)
## **4. Staff Costs and Numbers**
|**Average Head Count During Period**
**Staff Costs**
Gross Wages & Salaries
Employer's NIC
Employment Allowance
Employer's Pension Contribution
**Total Staff Cost**|**2025**
**2024**
6
6
**£**
136,257
169,666
14,583
14,334
(8,774)
(8,297)
5,838
9,487
**147,904**
**185,190**|
|---|---|
No employees received employee benefits in excess of £60,000
## **5. Trustee Remuneration and Related Party Transactions**
No trustees were paid remuneration for any work done for the charity (2024: none) The total aggregated amount gifted by trustees to the charity was £0 (2024: £0).
## **6. Fixed Assets**
|**Cost**
Opening Cost
Additions
**Closing Cost**
**Depreciation**
Accumulated Depreciation
Charge for the period
**Total Depreciation to date**
**Net Book Value**
Opening Value
**Closing Value**|**Vehicles**
**£**
22,800
**22,800**
10,640
4,560
15,200
12,160
**7,600**|**Fixtures and**
**Fittings**
**£**
6,368
**6,368**
4,136
1,272
5,408
2,232
**960**
**20**|**Equipment**
**£**
9,000
**9,000**
7,750
1,250
9,000
1,250
**-**
**25**|**Total**
**£**
38,168
-
**38,168**
22,526
7,082
29,608
15,642
**8,560**|**Vehicles**
**£**
22,800
-
**22,800**
4,940
5,700
10,640
17,860
**12,160**|**Fixtures and**
**Fittings**
**£**
6,368
-
**6,368**
2,546
1,590
4,136
3,822
**2,232**
**20**|**Equipment**
**Total**
**£**
**£**
9,000
38,168
-
-
**9,000**
**38,168**
4,000
11,486
3,750
11,040
7,750
22,526
5,000
26,682
**1,250**
**15,642**
**24**|**Equipment**
**Total**
**£**
**£**
9,000
38,168
-
-
**9,000**
**38,168**
4,000
11,486
3,750
11,040
7,750
22,526
5,000
26,682
**1,250**
**15,642**
**24**|
|---|---|---|---|---|---|---|---|---|
|||||||||**15,642**|
## **7. Debtors**
|Prepayments
Rent Pre-payment
Grants Receivable
Gift Aid Receivable
Outstanding Hall Rent Income
Bank Interest
Sum up sum due
**Total Debtors**
**8.**
**Creditors**
Outstanding Invoices
Outstanding Expenses
HMRC Liability
Accruals - IE Fee
**Total Short-term Creditors**||**Unrestricted**
**Funds**
**£**
1,072
580
-
765
400
2,968
60
**5,845**
**Unrestricted**
**Funds**
**£**
1
-
989
1,150
**2,140**|**Designated**
**Funds**
**£**
-
-
-
-
-
-
-
**-**
**20**
**Designated**
**Funds**
**£**
-
-
-
-
**-**
**20**|**Restricted**
**Funds**
**£**
1,486
2,750
5,000
-
-
-
-
**9,236**
**25**
**Restricted**
**Funds**
**£**
1,001
-
778
-
**1,779**
**25**|**Total Funds**
**£**
2,558
3,330
5,000
765
400
2,968
60
**15,081**
**Total Funds**
**£**
1,002
-
1,767
1,150
**3,919**|**Unrestricted**
**Funds**
**£**
1,281
3,225
-
3,198
200
2,998
162
**11,064**
**Unrestricted**
**Funds**
**£**
819
103
1,100
**2,022**|**Designated**
**Funds**
**£**
-
-
-
-
-
-
-
**-**
**20**
**Designated**
**Funds**
**£**
-
-
-
**-**
**202**|**Restricted**
**Funds**
**Total Funds**
**£**
**£**
-
1,281
-
3,225
24,000
24,000
-
3,198
-
200
-
2,998
-
162
**24,000**
**35,064**
**24**
**Restricted**
**Funds**
**Total Funds**
**£**
**£**
218
1,037
-
103
-
1,100
**218**
**2,240**
**4**|
|---|---|---|---|---|---|---|---|---|
||||||||||
||||||||||
**25**
## Notes to the Financial Statements (cont.)
## **9. Fund Movement**
|**Unrestricted Funds**
General Unrestricted Fund
**Unrestricted Project Funds**
Designated Fixed Assets
**Total Unrestricted Funds**
**Restricted Funds**
Apprentice Yoth Worker
Art Fund
Away Stays
Bible Alive
Bike Maintenance
Christian Activities
Digital Devices
Drop -in
Employability
Fossoway Youth Club
KYTHE Connects
Magnitude
Mobile KYTHE
Music Related Activity
Operational Manager Salary
National Lottery - Young Start
Outreach
Premises Reconfiguration
School Holiday Activities 2023/24
School Holiday Activities ongoing
Study Group
Volunteer Equipment
Woodwork - Springfield
**Total Restricted Funds**
**Total Funds**|**Opening**
**Balance at**
**01/07/2023**
**£**
112,637
**112,637**
26,682
**139,319**
3,000
-
600
-
-
-
-
-
-
3,402
-
-
8,145
-
-
**15,147**
**154,466**|**Income**
**£**
212,902
**212,902**
**212,902**
9,000
120
-
5,665
-
14,000
-
23,000
390
17,924
13,500
18,066
60,000
15,536
-
9,038
1,655
-
177
-
**188,071**
**400,973**|**Expenditure**
**£**
(165,425)
**(165,425)**
(11,040)
**(176,465)**
(3,000)
(8,977)
(600)
(120)
-
(5,665)
-
(10,722)
-
(7,380)
(390)
(19,217)
(7,773)
(18,066)
(30,000)
(15,536)
-
(17,183)
(1,205)
-
(177)
-
**(146,011)**
**(322,476)**|**Closing**
**Balance at**
**30/9/2024**
**£**
160,114
**160,114**
15,642
**175,756**
-
23
-
-
-
-
-
3,278
-
15,620
-
2,109
5,727
-
30,000
-
-
-
450
-
-
-
**57,207**
**232,963**|**Income**
**£**
137,338
**137,338**
**137,338**
-
8,000
-
362
15,130
-
12,762
6,000
4,400
-
6,461
14,135
12,408
18,066
30,000
10,241
6,498
4,947
2,277
500
**152,187**
**289,525**|**Expenditure**
**Closing**
**Balance at**
**30/9/2025**
**£**
**£**
(132,434)
165,018
**(132,434)**
**165,018**
(7,082)
8,560
**(139,516)**
**173,578**
-
-
(4,243)
3,780
-
-
-
(362)
-
(12,805)
2,325
-
-
(6,650)
6,112
(6,199)
3,079
(4,364)
36
(9,563)
6,057
(6,461)
-
(9,582)
6,662
(12,664)
5,471
(18,066)
-
(29,835)
30,165
(10,241)
-
-
6,498
-
(5,397)
-
(1,669)
608
-
-
-
500
**(138,101)**
**71,293**
**(277,617)**
**244,871**|
|---|---|---|---|---|---|---|
**26**
## Notes to the Financial Statements (cont.)
## **10. Nature and Purpose of Funds**
## **Unrestricted Funds**
General Unrestricted Funds: Funds available for the trustees to use to fulfil the charitable purposes of the charity, at their discretion Designated Fixed Asset Fund: This fund holds the Cost/Fair Value of Fixed Assets of the charity less depreciation charged to the fund. This is done where on purchase any restriction on funding used to purchase the asset is discharged.
## **Restricted Funds**
Apprentice Youth Worker: Represents funds received for costs associated with employing an apprentice youth worker. Art Fund: Represents funds received for delivery of an Art Programme. Away Stays: Represents funds received specifically towards an SU summer camp. Bible Alive: Represents funds received specifically to cover the costs of a Bible Alive Training course for one volunteer. Bike Maintenance: Represents funds given specifically towards bike maintenance activities. Christian Activities: Represents funds provided specifically towards Christian activities of the charity. Digital Devices: Represents Funds received to purchase iPads and accessories. Drop-in: Represents funds received specifically for the Drop-in activity. Employability: Represents Funds received to provide Employability Related Programmes. Fossoway Youth Club: Represents funds given specifically towards activities at the Fossoway Youth Club. KYTHE Connects: Represents funds received from the Church of Scotland from their Seeds for Growth Programme. Magnitude: Represents Funds received towards the costs of the Magnitude Summer Festival. Mobile KYTHE: Represents funds provided specifically for the Mobile KYTHE Project Music Related Activity: Represents funds received for delivery of a Music Programme. National Lottery - Young Start: Represents funding provided by the National Lottery Young Start Fund towards KYTHES’s projects including 75% of a full-time youth worker and 50% of the part -time youth worker costs. Operational Manager Salary: Represents funds received towards the salary costs of the Operations Manager. Outreach: Represents funds received towards an Outreach programme. Premises Reconfiguration: Represents funds given specifically towards the reconfiguration/redevelopment of the charity’s premises. School Holiday Activities: Represents funds provided specifically for additional activities held during school holidays. Study Group: Represents funds given to support the study group within KYTHE. Volunteer Equipment: Represents funds given specifically to cover the purchase of specialist equipment for one of our volunteers. Woodwork: Represents funds provided specifically towards a woodwork project.
**27**
Our mission is fo ensure every young person in Kinross-shire is given the opportunities they need to reach their potential. We take a personalised approach to youth work and every young person coming through our door is valued as an individual.
Gannochy hi Ja Trust Delivered the Ae Rd Roverrson eel eg Trust by a ~ THENATIONAL LOTTERY BENEFACT M os UI OUT &\cniaepee ~~A~~ Kinross-shire Children's i A = } Q ~~os.~~ LeTTERY 4a: s 8 information contact: 01577 869290 869290 (@ ~~)<(~~ s) info@kythe.org.uk ~~de~~ KYTHE, Muirs, Kinross, KY13 8FP 8FP ~~[ete~~ www.oscr.org.uk www.kythe.org.uk @ ~~irs~~
For more information contact: Telephone: 01577 869290 869290 Email: info@kythe.org.uk Address: KYTHE, Muirs, Kinross, KY13 8FP 8FP Website: www.kythe.org.uk