CHARITY REGISTRATION NUMBER: SC046538 CLYDE CYCLE PARK SCIO Unaudited Financial Statements 31 March 2024 MCDONALD GORDON & CO LTD Chartered accountants 29 York Place, Edinburgh, EH13HP
CLYDE CYCLE PARK SCIO Financial Statements Year ended 31 March 2024 Page Trustees, annual report Independent examinerfs report to the twustees Statement of financial activities Statement of finanual position Notes to the financial statements
CLYDE CYCLE PARK SCIO Trustees. Annual Report Year •ndgd 31 March 2024 The trustees present th[ T@)rt and Ihe balld financial statements of the charity for the year ended 31 March 2024. R•for•n and •dmlnlslr•tlv• d•tsll$ R•glst•r•d eharlty CLYDE CYCLE PARK SCIO Charfty reglstratlon numb•r SC046538 Prlnclpal offlce Th• trusl••s Ind•pondent examln•f McDonald Gordon & Co Ltd urgh. EH1 3HP OT ace, din
CLYDE CYCLE PARK SCIO Trustees. Annual Report Year ended 31 March 2024 structur•. gov•manc• and manag•Ml The Clyde Cyde Parf( is a ScDtti5h ChIlable IpOrated Organi5ation ISCIOI rogistered wth th¢ Office of the S¢ottlsh Charoty Regulatr. The ClwJ& Cyckn Park oporates wth a govemiry Board of Trustees. increased to nine Trustees in 2023-24. The Board meets up to four times a year. ReF¥Nts on agenda items are provided to the Trustees in advance ol meetiThJs and all wmdiThJ$ are minuted. The appointment of Tnjslees sel thjt in the C(bIu1)n ofthe Ctyde c Pad('. the minimum numtrm of Trustees is S. and maximum numbgr 1$ 12: the foikeiNJ organisalions aach nominate a Trustee.. CambusI$ Communty Council.. Healthy n Happy Communty Devdopmenl Trust ICamGlen Blke Town}.' South Lanarkshire Counul,. and South Lanarkshire LeisuTe & Cullure., up to Ihiee Trustees may be nominated by uninrNalSd bthJi6s and eloctetl al the AGM.. and up to 5 Trustees may be rw)m8ld by Iho mombwship and d8cled al thg AGM. The opgralional management of the Ce Cyde Park 1$ carried by a Managemeni Group wth r8presenlatNes of at least three Trustee ofganisations. The Management Group usually meets weekly, with all meetings minuled. Fc project awards. the M8rogemenl Grtyjp acts as a Steeriig Grcwp (with Board approval). Objectives and activities The objeetNes of the Clyde Ce Park. as set out in its Conststtrtion are.. the provision of faclrties and org1$alI0n of aCti"tieS to increase MJbli¢ parb"cipabon kn cycling and other sptrts: and the advancement of utrzenship armj community devglokynent IhroW the reggrberalion and improvemont of 1¢01. and ec()m infrastnjcture of the Cambuslang area. Over the year 202>24. the main aclivths have been: (al increased operationalisation of Phase 1 of the Ciyje Cyde Park facilrtie$125Om skllls circuit} with 8 biler pr(yJraMn of coachiNJ. enabled by furKling for a Project C¢)ydinator aThJ three A¢tivlties Wwkers (all part-timel Awards lor Al aThJ Paths for Al. and smaller grants: (b} final implementation of the VDLIP gran( with eXtensn of the ComFnd to provKle more storage and operalirrfj space: {cl submlssKn of apr4icalions for funding fc Pr 2 to and private ftjnders, in particular otiatKJn wilh sportscotland and Scollish Cwjing on increased funding from the Cycling Future Facilities Fund.. Id) revision of the ConstitutiC lapwoved by OSCR in October 20231 to enable recruitment of fwther Board m8mL5 to briThJ in a w¥Jer raroe of expertise.
CLYDE CYCLE PARK SCIO Trustses. Annual Report (c Year ended 31 March 2024 Achl•vornents and rIorman¢• The main aiievements and have bo8n: (a) an ncreased prcoTamm8 of cyding acliwty wilh V•pekty sessicns. at knsl lour days a Ibl CCP'S award of the Scotlish Cydr¥J RecTeatKffial Cyding Aw&d 2023 recognition of tls indusive a¢tivitie$'. Icl complellon of the )Mpnd exlw)sk) and wlsilk)n of adrmal bl(es'. Idl wrder awareness of CCP in Ihe Ial community and among key stakeholders.. and (•) ddivery ol dub and communty coachiThJ lo over 2,CQO peopbE. 1rKlUdg delNery of thè Ro¢k Up and Ride PTcoramme and the first schty)ls Bikeabilrty c<w¢Irj prc#Jr8mmes. Fln•n¢i81 r•vl•w Tho operating Sur$ for yaar £93.760 (2022123: £222.818} Total income for the year was £147,204 (2022123.. £252,526). Incorne during the year consisted of grants of £142.537 {2022123 £250.2%1. this inckjded generous grants provided by v8nt Derglicl Land Fund. Other sour(s of incom8 irK4uded £4.e67 (2022123: £2.2301 of rrwnbership. course feas 8nd donations. Total expgnditure ol the charity incI1ng pital exFeThJilwe was £106.37712022123.. £265.0401 wlh £52.93312022123'. £235.332} being invested in the arcuit and other fixed assets. Stateffl ol Tru¥taes' Responslblliti•¥ The trustees are $psIble fcrf prepariNJ a truslees, annual report and financial siatèmènis in accordance with apFAicable law and United Kirydom Accounting Standards (United Kingdom Generally Accepted Accounting Practi). The appluble to tharities in Scolland requires the charity Iruslees to prepare financi statemen15 for each year grve a true and fair of the stale of affairs of the charity and of the incoming resouices and applicakn.on of resoufces ol the ¢harty that perJd. In FxeparwvJ those financial Staternts the Trusleos are wuired to: select Suitab accounting pc4iaès and apply them consistently cknserve Ihe methods and prnapks in the applb Charities SORP makejudgements and eslimales that are reasonable and prudent state whether appIable accounting stsndards have been folknw subjfjcl to arty material dèparturès disclosed and exained in the finanaal slatements. prepare the financial statements on Ihe n9 concern basis unss It Is inappropriate to presume that the charity will continue business. The Trustees are responsible kn keeping proper al¥Unt re¢d3 which dixh)se with IOnable accuracy al any time the financial posrtion of the tharity arKI to enable Ihem to ensure th81 the financial statements Comp wrth tho Charilies and Trustee Investment (Scotlandl Act 2005, tho Charities Accounts (Scollandl ReguL4tions 20[ las awndedl and the provisions on the charity's constitLrtion. They are also responsible for safeguarding the assets of Ihe charity aThJ taking reasonable slep5 for the Weventic and deleclion of fraud and other wregularilie5.
CLYDE CYCLE PARK SCIO Trustees, Annual Roport (C4 Year ended 31 March 2024 The Iruslees, annual report was approved on 31 January 2025 and signed on behalf of the board of
CLYDE CYCLE PARK SCIO Independenl Examinerfs Report to the Trustees of CLYDE CYCLE PARK SCIO Year ended 31 March 2024 I report on ihe financial stslements fLY tho year ended 31 March 2024. ccrfnprise Ihe ststemenl of financial activities, 51alement of fvncial ptIOn and the related notes. Ro$pKtiv• re$ponslblllts of trust0 and •xamlner The ¢hariVs trustees are reS[nsI4e for the preparation of the a¢¢ounls in accordarbce with the teTms of lh& Charities and Ttee Investrnenl IS¢ollandl Act 2005 and the Charities Accounts {S¢otland) Regulation5 2006. The eharty trust8es ¢(Sjer that the audil reqUlrerrnt of Regulation 1011 Ila) lo Icl of the 2006 Accounts Regulan$ does not appty. It is my responsibility to examine thg a¢Unts as Tequir8(l utylor Secti 4411 Ilcl of the Act and to stale whether particular mattgrs hav8 come to my Ottonti. Basss of Ind•p•nd¢nt examin•¢s r•port My examination is Carr out in a¢¢ordartce with Regulat 11 of the 2CK)6 Aco)unts Regulations. An examination includ8s a review of the accountirvJ recor(Is kept by the tharity and a comparison of the accounts p¥esented with those record5. It 50 inckndes consthration of any Lmusual items or disclosures in the accounts. aThJ s8eks explanat$ from thg trustees conceming any such matter5. The proceduTe5 undertaken do not provkle all the evklerth that woulj be required in an aydit and consequenlty I do not express an audit opinion on Ihe view gr¥en by the aC¢cnts. Ind•p•Dd¢nt •xamln•rfs stat•m•nt In cOnnl)n my examinatwjn. no matter has ffjme lo my altgntion.. 111 gives me reasonablè Cause to btrbeve that in any malerial respect the requwements.. to keep 8¢¢ourrting records in a¢dance section 4411llal of the 2005 A¢t and Regulation 4 of the 2006 ACnts RegLblations. and to prepare account$ ¥thi¢h accord Vith the accoting records and (xthpty wilh Rfjgun 8 of thg 26 Acnts Regulathjns been met. or {2) to which. in my opinion, atttion shouhj be dr•*n in 9r to enab a prcper understoThJlng of the accounts lo be reached. McDonabJ Gordon & Co Lld xaminer epen enl 29 Yc¥k Place, EdintAJrgh. EH1 3HP 10 FetKuary 2025
CLYDE CYCLE PARK SCIO Statement of Financlal Actlvltlos Year ended 31 March 2024 2024 UltrI Restricted funds nds Totsl funds Total Itmd$ 2023 Income and endowmènts Donations and legacies Charitable activities 141.545 145.913 1.291 251.160 1,366 1.291 Total incom• 5.659 141.545 147.204 252.526 Exp•ndltur• Expenditure on raising funds: Costs of raising donat aThl legacies Expenditure on tharitable aelivities Total exp•ndlture 5.250 6.084 11.334 5.250 48.194 53,444 42.110 42.110 29.708 29.708 (5.6751 99,435 93,760 222,818 Transfets belwoen fvnds 5.079 15,079) N•t movom•nt In lunds I> 1.356 93.760 222,818 Raconclllatlon of funds Totsl fvnd$ brwght f(xward Total funds carrl•d forward 1.160 536.616 537.776 314,958 630.972 631.536 537.776 The stsloment ol financial actMls irxKIo$ 811 gans an(1 k)ss8s rec(yJntsed in the year. Al iome and expendilure tjerve from (ntinry *ivrti8s. Thg not9• on pw$ 8 to 19 fwrn m oftho8• lIn•141 stal•m•nts.
CLYDE CYCLE PARK SCIO Statement of Flnanclal Posltlon 31 March 2024 2024 2023 Flxed assets T8r¥Jible fixed a$sets 13 552.303 507.344 Current assets Debtors Cash at bank and in harKI 14 33.413 63,811 97.224 235.877 19,205 255,082 Credltors: amounts falllng wlthln one y••r Ikt currnnt a¥sets 15 17,991 79,233 631,536 224,650 30,432 537.776 Total ass•ts l•ss curr•nt liabiliti•s Nèt as8•ts 631.536 537.776 Funds of the charlty Reslri¢ted fvnds Unrestri¢tgd funds 630,972 536.616 1,160 537.776 Total charlty funds 17 631.536 These financial slaternents were approved by Ihe board of truslees and authorised for issue on 31 Th• Thot on paw 8 tg 19 forni part ol tho8• fknanclal ¥tatenKnts.
CLYDE CYCLE PARK SCIO Notes lo the Flnanclal Statements Year ended 31 March 2024 G•n•rnl Inf0MtIon The charity is a publ benefit enlrty and is a SCIO, registered as a ch Registration Number SC046538 The addross of the princ¥)al office is cotland wi For details regarding the activities of the tharity refer to Ihe Trusta8s ReFrfrt I Sl•tsm¢nt of ¢ompllan¢• The finan¢i81 $latements have been wepared in rX)m A¢cAxJnling and Reptsrting by Charities.. Statent of Recommèndèd Pract applicable trj charities préparing their accounts In acrdar The Firkincial Rerxyling Standard aprAi¢ae in the UK and Republic of Ireland {FRS 1021- second edition issued October 2019. The Finanaal Repofbng Stsndard applble in the UK and Republic of Irdand IFRS 1021, the Charibes and Trustee Investment {Scollandl Act 2005 and the Charity ACcnIS (Scotlandl Regulalic5 2006 las amended). Accountlng pollcl•s Basls of pr•paratlon The financial statements have been prepared on the histCffd cost basis and relate SOlY to the Indidual entity. Ctyde Cycle Path SCIO meets the definilion of a pubk ber*fft entity under FRS102. The accounts are wepare(J in stethNJ which is the funthnal rrencY of the entsty and are rounded to nearest Found. Golng ¢on¢em There are no materia uncertainliès atojt Ihe ehariws allY to continue. Dlsclosurn •x•mpdons Only larger 8ntities, as d8fin811 in th& Charib&s SORP IFRS 1021. must KmKle a statement of cash flows in thr finanaal statements. Acccffdiryly. as the charity is not a larger enlity. it has not presented a $tatomont of cash 11rn45.
CLYDE CYCLE PARK SCIO Notes to the Flnanc5al Slatements (¢onthwx Year ended 31 March 2024 A¢¢ountlng pollcl•s Judg•ments and k•y sources of •8tlmatlon unc•rtalnty &gnificanl judgwn8nts'. The judgements the management have m in the pr$ of apptyirtg the entitys accounting )li¢itis Ihat will have the most signifKant effoct on the amounts r8cognis8d in the financial statemants are: duded in accr income is £18.966 reble frcrfn sp(¥tscolland to meet Certa capital costs in relatjon to the development of the cir(aJit. The Trustees believe it i% appropriattr to rDIse this InMe on the basis is Fthab. 8ntidem•nt is establish8d and the amwnts can ba reliably measur&J. Key sources of estimation LwKertainty: ACcting estimates arKI assumpti$ e made conceming the fulure a)d. by thelr nature, wlll rardy equal the related actual outwne. Useful own0m INes of tangible assets and deprecIatiC chaT9e". The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economoc INes and reshjual values of the assets. The useful nDm INes and residual values are reassessed annualy. They a èmended when ne(*ssary to rèll8ct umnt estimates based ¢)n lechrnlogical advancemenL luture investm)l$. economTrc utilisalion and thg phystcal n¢JIt10n of the asseL S•• ncle 13 regarding the carrying anK)unls of tangible fixed assets. The allocation of expenditure. Iluthng supwt costs. to specific restrthd (und5. With the exception of the foreg)ing the marTragemenl (kj not consKJer that there are any sources of e8b"mab"on uncertainty that have a snan1 ri%k of rausing a matwial adjustm8nt to the caryirvj am(NJnts of assets and liabilit within the next financial year. Fund xeounllng Unresiricted funds are avalatde use at the discrelion of the trustees to further any of the chariVs purposes. Designated funds are unreslricaed funds eamwthj by the trustees for particular ftrture project or nmitmenl. Restricted funds are subjected to restrIctS on their expendilure declared by the dorKY or Ihrough the terms of an appeal. and fall into one of sub-das5es'. restricted inrne lunds or endowment funds.
CLYDE CYCLE PARK SCIO Notes to the Financial StstgmentS1¢ts7¥M Year ended 31 March 2024 Accounting poli¢ies (¢onl4iw In¢oming r•$oureo$ I In¢¢ning re$IC•S are indJ•d in the statement of activilies kn enliuemenl has pass8d trj thè charty: it is prthL4e that the ecorffiiie benefits associated th the transaction will flcw4 to the chafty and the amount can be reli8Y measur&Y. The following Specific poli¢itis 8re apled to partialar ¢ategcths of income: inc(xnè from donalions cf grants is reccgnised wthen there 15 evidence of entiuemenl to the ft. receipt is wobat4e and its arn(t be mea5UTed reliably. legacy irthne is renis9 r8c8iPt is wobabl8 and entillement is established. income from d(ated good5 15 measured al the fair value of the gocrfjs unles5 this is impractical to measure relraily. in cas& thtr value is derived from the cost to th donor cff the estimate(J resale value. Donated fa¢ililies and swvices are rs¢cgnised the accounts when ceIv8d il the Value can reliabty measured. No amwnts are duded for the con1r1tit of general volunteers. inccrfne fr(Mn CCMtr for suppty of seNices is rgcognlsg¢1 ith Iho dglivgry of thg contracted service. This is daSsIf as unrestricted funds unless Ihere is a conlractual Tequirement for il to be spent a Parti10r wrpose and retUrd if unspenL in vthich case it may be regarded as r8strict8d. Ro8our¢•s p•nd•d Expendilure is reciyJnised on an a¢waL4 basis as a lthilty is irKwrred. EXnth1Ure indudes any VAT which cannot b& fulty r8cover8d. and is dassif1 under headir4Js of the slatement ol fIn¢raI adiwties to it relates: expenditure on raising funds Wude$ the ts)sts of all fundraising acti¥ilies, events. mn- charitable trwJirKJ actiwties. a1 the sale of donaled gocKIs. expenditu on Charitab actmb'es irKhJdes all costs irwThed by a tharity in undertaking activities that further its tharrtable aims for the beneffil of its bQficIae$, including those support costs costs relabn9 to lh& govemance of the chanty apwjrtKd trj tharitablg activitiOS. other expenditijre indudes aw expendibjre that ly neither related to raL8ing funds for the charity nor part of its expermliture on Charitab aclwit*s. AJI costs are allocated to expendItU categories refWirvJ Ihe use cl the resource. Direct costs attributabl& to a single aCtity are albcal8d direcuy to that actNity. Shared costs are apportioned behveen the actbvities they contribute to on a reasonable. juslifiable and consistent basis. Tanglbl• 0s$ot$ Indiwdual fixed asse15 wAth 8 (x)st In excess of £SOO are Inltlalty recorded at cost. and subsequendy 5tale(l al cost less any accumulatod depy9c1ati and impaimienl10$sgs. 10
CLYDE CYCLE PARK SCIO Notes to the Flnanclal Statements Year ended 31 March 2024 A¢eountlng pollcles (c*0? Oepreclatlon Depreciation is ¢xl¢ulated so as lo write off the cost or ¥atIOn of an asseL less its re5Klual value. over the useful lile of that asset as fdkpws: Circuit EquipKnent See text below 5-20% slrawJht line com•18(1 parts of the cycling cir#1 arè S11 into ils major C<MnpcenIS and each component is depreoaled separately over lis us&lul economic life. Surfacing of the cycle path has bèen depreciated over 25 years on a straight line basis. The remaining components S not currently being depreciated however the intention to depre¢i8te them over the peri of Ihe ase of the land whKh is anlisipated to be 99 yearn. Assets undèr construction wll be tkpredated over th8 perKd of the lea$e wnstruction is complete. Impalrnwit offix•d ass•ts A review for indicators of impairment is carried out al eh rwrting date. with Ihe recoverable amount being estimated where $u¢h iThJutors exist. V¥here the carrying value exceed5 the recoverable amwnt, th$ as$8t is impaired acccwdiryty. Pr•)r wnpayments are also reviewed for possible reversJ at each repcwting date. For the purposes of impairment testing, when bt is not possible to eslimate the re¢overable amount ol an indiwdual asset. estimalo is made ol the recoverable amount of the cash-generaling unit to vthi¢h Ihe asW bgk)ngs. The cash-gen8rating unil is the smallest identifiablè group of assets that includes the assel and generates cash inllows that largely independent of the tssh inllows Irom other assets or groups of assets. For impairment testing of goothwll. the gtrJth"Il a¢quir8d in a busin8ss combinatM)n is. from the acquisition dale. allo¢aled lo ea¢h of the Cash-genalIrmj units Ihat are expecled lo benefit from Ihe synergies of the comtrynabon. irres¢tiVe of whether other assets or lbltIeS of the charity are assigned to tlw)se units. 11
CLYDE CYCLE PARK SCIO Notes to the Financial Statements [¢onUnu• Yèar onded 31 March 2024 Accountlng pollci•s Financial instNments The charity only has financial assets and financial lileS Ihal qualify as basic financial Instruments. Bas¢ financial instruments are intb.alty recc#Jnise(J al Ule amount rècefvable or payable in¢kndiNJ any related transaC1K costs, unless the arrangement CfMStf(uteS 8 financing transa¢tw)n, whgre 11 is re¢tyJnI¢j at the w&sent valuo of the fulwe payments diScnIe at a market rate of interest for a svnilar debt instrument. Current assets and current liabditses are subsequenuy fneaswed at the or other consideration expected to be pai¢J or recaved and not discwnted. D•btors Debtors are r8cognis8d at the settl8mgnt OUnt due aftar Y tradg di$counl offered. Prepaents are valued at the amount net of any tradè ¢thScnts due. at bank and In hand Cash at bank and in ha1 consists of term hvjhty bank deposits none of vh)ich have a nolKe Feriod exceeding days. Creditorn and wovlsion$ Creditors and provisions #re recoJni5ed wherè tho ¢harity has a present oblpjatth resultsr4J from past event that VAII rcthtAy resun in the tr8nsfer of funds to 8 third party and the amount due lo setue Ihe obligation can bo measured estimat8d reliably. Credi$ and provisions are nomialty recognised at their settlement amount after alb) for any trad8 discounts dug. Dellned contrlbullon plans Contributions to defined ntributI( plans a recognised as an expense in the in which the related servke 1$ prov. PPaid CMtribUlif a rewjnised as an asset to the exlent that prepayment lead to a reductK*) in future payinents or a cash refund. Don4tl¢)ns and l•gacl•$ Urnestricied Restricted Total Fund$ Funds Funds 2024 Donatlon 2.526 2.526 Grants Grants receivable 992 141.$45 142.537 SubscrfptSoThs subscript7s 141.545 145,913 12
CLYDE CYCLE PARK SCIO Notes to the Financial SL*omonts (C1&7• Year ended 31 March 2024 Donatlons and l•gades (¢w Umeslricted Fund5 Restricted Total Funds Fund5 2023 Donatlons Donations 389 389 Grants Grants recewable 650 249.646 250,296 Sub$¢riplion$ SubscriptK)ns 475 475 1,514 249,646 251,160 Of the grants rewved in ihe year £75.489 12023 - £233.3461 a yovemmenl grants, more dètails of which can found in note dètsiling fund rrwJ¥8m8nts in thè ar. Charltabl• activlti•s Unrestrth Total Funds Unrestricted Total Funds Fur¥ts 2024 Fur$ 2023 Circuli and cyding wurses 1291 1291 1.366 Costs of r•l$lng don•tloD¥ •nd l•gxl•s iknreslrthd Total Fund8 Unrestricted Total Funds Funds 2024 Funds 2023 Costs of raisin9 tyants S.250 S.250 13
CLYDE CYCLE PARK SCIO Notes to the Financial Statements (¢onlorMdJ Year ended 31 March 2024 Exp•nditur• on charitabk activilm by fund type Urwestrthd Reslrthd ToLIl Funds Funds Funds 2024 Equipment Advgrtising & Math8ting Independent Examinerfs fees Rent & insurance IT costs Sundry expendtiurè Coaching Salaries Repairs & rnntenan Legal fees Depreciation Telephone & inlemet 280 280 1,470 4.989 735 1,036 15.663 14.246 1,220 1.470 2,601 735 139 425 2.388 897 15,238 14.246 1,087 133 7.974 7,974 581 581 42.110 48.194 Unrestridwj Restrid Fund$ Funds Funds 2023 Equipment Advertising & Marketing Independent Examinerfs fee5 Rent & insurarKe IT costs Sundry 9xpondiiur• Coaching Salars Repairs & maintenarKe Legal fee5 Depreualion Telephone & inlwnet 1.879 1,750 1.879 1,825 1.380 2.440 389 245 675 75 576 389 245 675 4.452 12,300 2.785 12,300 2.785 4.676 25,032 29.708 Of the support costs the independ8nl examinerfs rfjmLwatKrf) tho cty 9XP9n$o whh th? truslees ¢onsMJer lo be a wvemarKe ¢osL Ta110 Clyde CYC Park SCIO is a registered charity and as sh its activitses fall wthin the ex8mpli¢ afforded by Seron of the IrKryne and Corporation Taxos kl 1988. Ac(y)rdingty, no prowSm is c$11$re1 necessarylrx taxab"on. Not Incorn• Net income is slated after charg1(credi11ng). 2024 2023 Depreci8tion of I1b fixed assets 7.974 2.785 14
CLYDE CYCLE PARK SCIO Notes to the Financial Statements i¢onth%r• Year ended 31 March 2024 10. Indep•nd•nt •xamlThat5on fees 2024 2023 Fees payable lo th8 independent 8xaminer for: Independent exInatIon of the financial statements 1.470 In common with many charilies of our size we use our Indepdent examiner to assisl wilh Ihg prepafatKJn of the statutory financial statements. The fee for the iTndenl examination of £1.470 has t been split between that whieh lated to the Fryjaralth of the &¢>xJnts and that whlch related lo th81Th1&p8Th1enl examinati(M. 11. SLth costs The total staff costs and eThWoyee beneffts the rwbng per•)d are analy3ed as follows.. 2024 2023 Wages and salaries Ernployer contribution5 to pension plans 13.598 648 14.246 1.2 Th8 average head cwnt of emFAoyees thJing the yw was 1 12023". Nill. No employee receNed employee benefits of m(Ye than £60.0(Kl durirwJ thè year12023: Nill. 12. Trusts• r•mun•rnllon and wns no remuneration or other beneffts frixn empknymenl 7Mth the charity or 8 related entity were rtterved by Ihè trustees: trustee expenses have been rred. 13. Tanglble fixad as$*ts Assets under Equiprrthl cc¥t51ruction Total Cost At 1 Apr 2023 Additions Transfers 14.524 18.750 495.605 34.183 {194.1861 335.602 510,129 52.933 194,186 At 31 Mar 2024 194.186 33.274 563.062 Deprnclatk¥n Al 1 Apr 2023 Charge for the year At 31 Mar 2024 2.785 3.843 6.628 2.785 7.974 4.131 4.131 10.759 Carying am¢)unt At 31 Mar 2024 1,055 335,602 552.303 At 31 Mar 2023 11,739 495.605 7.344 15
CLYDE CYCLE PARK SCIO Notes to thè Flnanclal Statam•nts Year ondod 31 March 2024 13. Tanglble fixed asstts i¢th The transfer of £194.186 in thts year relates to the cost of Phase 1 of the circLMt. thich has been c(¥np4eled and is in use. 14. Debto 2024 2023 PrepaTrents acuued income Other debtors 27.483 5.930 23.102 212,775 33.413 235.877 15. Crodllorn: amounts falllng due wlthln one year 2024 2023 Accruals and deferred inccrfng Other credItS 7,240 10.751 7,419 217,231 17,991 224,650 1& Penslons and oth8r post r•tOrnm•nt n•fIts Defined contrlbutlon plans The amount rewised in Ir expenditure as an expen$e in rel8tK)n to defined contritl10n plans was £648 (2023.. £Nill. 17. Ansis of charitabh funds Unrestricted funds At Transfers 31 Mar 2024 At 1 2023 Incomg Experylilurg General funds 1.160 5.659 {11.3341 5.079 Al Transfers 31 Mar 2023 At 1 Apr 2022 In(Th18 Expendilure General funds {4,6761 2.4) 1,160 Tr•n$tsrs bètween funds Transf8rs Irom restricted to unrgstri¢ted fvnds pr#palty relate to &tribUtionS by reslricted Jnds to the SUFWrt and ovethe&J costs incurred by th& Such o)nlrilyJlion are a¢cwntsd for as a transler from restrided to vnrestricled funds. 16
CLYDE CYCLE PARK SCIO Notes to the Flnanclal Statements Year ended 31 March 2024 17. Anatysls of eharStabl• fvnds Restrlcted ffunds At In¢c*ne Exwnditure TrslerS 31 Mar 2024 1 Aw 2023 Ctyde Mission Community Mental Health & Wdlbeing VDLF VDLIP Awards For All Climate Ernergerw & FcK>d R$$llnce Scottish CYdid Acb'vabon Fund sp Scotland Paler50ns Paths 4 Al Other reslricted 185.059 {4.4401 11.208) 179.411 25,658 15.0 296.749 8.010 115,503) 12,881) 7.274 15.O¢XI 352,238 20.0 55.489 20.0 18.010) 2.140 1480) (4.(iKI) 47.117 6.773 5.500 (1.3941 (6.2161 {2.0671 45.723 (5571 {4331 536,616 141.545 (42.1101 15,079) 630,972 1 Aw 2022 Inne Expenditure Transfers 31 Mar 2023 Clyde MISOn Community Mental Health & Wellbeing VDLF VDLIP Awards For AII Climate Emergency & Fixxl Resilience Scottish Cycling Activation Fund Sport Scotland Patsrsons Paths 4 Al Other restsicted 190,098 {111 {5,0281 185,059 34.112 15.0(Kl 75.192 16.0541 (2.4(M)) 25,658 15.oc 296,749 8.010 221.557 I1.J) 1360) 2,140 4.000 12,3C 112,3001 314.4102 249.646 {25.0321 12.4W) 536,616 17
CLYDE CYCLE PARK SCIO Notes to the Financial Statements {¢onU+N• Year ended 31 March 2024 17. Analysls of charitabh funds (¢oAthMxd) Naturg and Purpose ol Major Funds Clsyle MISS - fvnding received frryn the Scottish Govemm8nl c1Je MissNJn Fund towards the Constructi( of Phaso 1 Ce Park laclith"es. VASLan Community Mental Health & Wellboiny fvnding received from SoLth LarkshITe Council in March 2022 to be carld fopward and led in the next accInting peric*J. VDLF . funding received from sth Lanarkshire towards the devel¢¥menl ol Phase 1 Clyde CYC Park faclilies. VDILP - funding leved from the Scotltsh Go¥èmment Vacant & Land Irhv•slm•nt Programme towards the cost of develThj Phase 2 of the Pork. Awards for Wl - fundir4J for the ernonent of a Project CrdinatOr to support the devekoFrfnent and operal1)n of Ihe Clyje Cycle Park to meet ils strategi¢ objoclives. Climate Emergency and Resilience Fund - fty the wrchase of by¢lOS lo support the delivw of the On Yer Bike wogramme. Scottish Cyclng Aclivatth FuThJ- fundiNJ to defver a w(¥rnme of wling aclivNies. The Sp$¢0and fund was provKJ8d to exlend Ihe CLmnt Carrt to 1km and to comFIy w7th British Cychng standard$. Paters5- lunding Irom Palersons Quarries the purposes of extendiry of the comrK)und and the ere¢lKM of an L11. Paths 4 All- funding for ts pwrx)ses of delNering the strategic rkieclives ol the Park. Oiher restricted . funding recwed fr(Th RBS New3hV R8gwratK)n and the Scottish Cyding Development Fund. 18. Anaty$l$ of net as¥•ts b•tw••n funds Unrestricted Funds Restitted Total Funds Funds 2024 Tangle fixed assets Cuent assets 552.303 78.669 552.303 79.233 630,972 631,536 Unreslricted Funds Restricted Total Funds Funds 2023 Tangl8 fix8d assets Current assets $07.344 29,272 536.616 507.344 30.432 1.160 Net assets 1.160 537.776 18
CLYDE CYCLE PARK SCIO Notes to the Financial Statements (¢on*M Year ended 31 Mar¢h 2024 19. R•lat•d party iransactlons Included in other creditors are loans of £5.750 from trustee 2023- £5C(J) and £7091202> £0) to the charity In the previous year the Clyde Cycle Park ICCPI purchased bikes aThJ helmets from Heallhy n Happy Community Development Trust for the svm of £16,403. Under CCPS constitution Heatthy n Happy rthinate a trustee Icurrentt<•• to its board. 19