Boomeran8 CommLtnity Centre ISCIOI Scottish Charity SC047467 I would first, like to thank all the staff and manyvolunteers for their contribulion to the smooth running of the centre. The centre has ten staff, with the recent addition during the year o* Amy. This year has been challenging because the building is bewnning to show its age. Additional signage, the upgrade of the garden, replacement of the boiler, breakdowns of the lift 8nd many more small maintenance problems have had to be taken care of. Overall. duringthe year. the centre made an in¢rea$e of £38.440 compared to a de¢reose Last year of É9224.Restricted funds made an increase of £56.210 resulting from live new funding schemes coming on board during the yea Maintenance costs were due to Signage £806 Lift mgintenance E1.423 Plumbing £5,164 Alarms £4.836 Miscellaneous £4.608 The gas prices rose significantly duringthe winter month8. and it Was discovered that the boiler needed replacing.11 was found that the existing boiler was too large for what the building required hence 8 sm8118r boiler wa$ installed and thi$ $hould reduce the gas b4118. The ele¢tric co$t$ have been shared amongst the v8riou$ proje¢t$ in the building, for example Larder, Kitchen. Wellbeing. Toddlers and Room Hire. The kitchen has raised income comparable to last year due to work the stalf have put into achieving this. The toddlers fund transferred £6000 to the Youth Fund but left a healthy balance of £6,574 Income donations of £19626 were used to donate £6671 and transfer £5000 to administration and £8000 to maintenance. The Larder shows an increase of double the funds at the end of last year. It is partly due to donations and items not used in the kitchen, passed on to the larder therefore reducing its costs and artificially in¢reasing the budget level. The fundingfor the centre 1$ adequate to see it into 2024 and most of the maintenance is compleled and should see a smooth running of the building this year. Boomerang Community Centre ISCIOI Scottish Charity SC047467 1 A¢¢ountlng poll¢l¢$ 88tyi¥ of sccounthng These finaneial statements have been prepared on the receipts ènd payments basis in accordance with the Charities & Trustees Investment8 IS¢otl8ndl Act 2005 and the Charities Accounts IScotl8ndl Regulations 2006 las amended). 2 Trustees Expenses and Related PartyTransactlons Duringthe year, no Trustee received reimbursement for travel or subsistence expenses12023-4 nill. There were no rel8led p8rty trari88clions12023-4 nill. 3 Funds Balanc¢ Brought Forward Income Expenditure Transfers Balance at 3110312024 Restricted Partn¢rship Youth Work Lottery Lard¢T Robertson Trusi Small Grants NOrth￿QOd Trnst Hcnrv Smiih Dun