GREYFRIARS CHARTERIS CENTRE (a Scottish Charitable Incorporated Organisation) REPORT AND FINANCIAL STATEMENTS Year ended 31 December 2024 Company Registratlon Number C5002889 Scotttsh Charfty Number SC047573 GREYFRIARS CHARTERIS CENTRE FINANaAL STATEMENTS YEAR ENDED 31 DECEM8ER 2024 CONTENTS PAGE Trustees Report Independent Examiner's Report Statement of Flnancial Activitles Balance Sheet Statement of Cash Flow5 io Notes formlng part of the financial statements li GREYFRIARS CHARTERIS CENTRE TRUSTEE5' REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees are pleased to present their annual Trustee5' report together with the financial statements of the charity for the year to 31 Oecember 2024 which are ajso prepared to meet the requirements for a directors, report and accounts for Companies Act pvrposes. The financial statements have been prepared in accordarn￿ with the accountin8 policies set out in note I to the accounts and comply with the charitvs constitution, the Charities and Trustees Investment Iscotlartrdl Act 200S, the Charlties Ac¢¢unts1Scotlandl Regulations 2006 las amen¢Jedl and theAccounting and Reportlng bycharities.. Statement of Recommended Practice applicable to charltles preparlng thelr accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFR51021 leffectyve l January 20191. OBJECTIVES ANDA￿1VITIES Mlssion TheGreyfriars Charteris Centre is a charity, based in theformer Kirk o'Field church buildiw in central Edinburgh whose congre8ation united with that of Greyfriars Kirk in 2013. It is narned for Rev Archibald Charteris who was a ploneering figure In the Church ol Scotland's social action in Victorian times, including founding the Women's Guild and promoting women's mlnlstry as Deaconesses. It is a Centre for Community, providing a safe space for all people to flouiish within a just, toleranL peaceful and socially cohesive environment. W15ion The vision Js expressed through two strands: Wellbelng The GreyFriars Charteris Centre is a pla¢e of sUPPOrt and devek)pment for people In terms of body. mlnd and soul.. throu8h dirert and indirect provision of service5; by providing a welcoming pla￿ that serves all people regardess of faith or culture,. by creating a pla￿ of sanctuary for people IMn& working or Stu0￿1ng in the area. Enterprtse The Greyfriars Charteris Centre is a place of support and development for soclal enierprlse= through support and training of a5pirin8 entrepreneurs; thrc*u8h the prowsion of multi-use spa￿. creating directly managed attl￿ty ACHIEVEMENTS AND PERFORMANCE The Greyfriars Charteris Centre Is now an attractive modernised space and home to a Community of user groups. We alm to Eive local people the opporttjnity to reach their potential through gaining new Skills, building on exlstlng abilities and ambition5 and developln8 self-confidence. These a¢tivlties provlde mutually beneficial support to other groups in the Centre and enable Breater cohesion between all demo8raphic 8roups in the mmmunity. With our partners we provide a place of support and development for body, mind and soul, and forsoaal enter￿lSe. GREYFRIARS CHARTERIS CENTRE TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 ACHIEVEMENTS AND PERFORMANCE Icont.) The varlous spaces wlthln the Centre are available for communlty, corporate and private use. Our gatherlng spaces are popular for regular users such as choirs, dance groups and church groups as well as this we have a healthy level of one off events which helps us achieve sustainability. The recent ¢ommlssloning of audio v15ual IAVI equipment St Ninians Hall makes it much more functional for our community users. Downstalrs the So¢lal Enterprise Hub. fitted out in open plan offlce style. is a quiet space with tenants working away, who appreciate the flexibility of shared space and with meeting rooms also available. We have on average 1612023.. 141 regular user groups. including 3 Choir5, 4 Dance groups and 4 Church group5, using mainly the St Ninian's Hall140%1 during evenings and weekerids on a weekly/bi-weÈkly basis. DurinB the vear they had 84712023.. 6201 bookings. Besides this our 13 smaller rooms were hired out to soclal enterprises and other organisations who share our vision and use the Centre as a base for their actlvitles. The Binks Hall and our Meeting Rooms are predominately US￿ for ad hocl slngle use purpose5 and during the year we had 542 12023.. 5451 bookings for these facllltles. PLANS FOR THE F￿￿RE Necessary roof and stonework repairs havè tontinued into 2025 but are almost complete. These are fully financed by our landlord. Greyfriars Kirk, through grants and donation5. When they are complete, we can work on fully utilising the spaces without having to work around ￿￿traCtorS Internal improvements around fire safety will be completed during the early part of 2025 and we hope to be able to make some changes to the decoratlon of older parts of the building. 2024 saw us partner wlth a few organisations in orderfor us to assist with their Staffing requirements by lendlng out or Duty ManageT team, particularly with St Cuthberts Church with whom we hope to build a closer working relationship with in 2025. FINANCIAL REVIEW The Trustees are pleased to reportthat the charitygenerated an unrestricted surplus of £21,84812023' £73,405), after transfers frorn the restricted funds of £6012023..£68,0241. Income during the year from use of premises and facilities and other income from charitable a¢tivlties lose Slgnificantly to £246,80212023'. £185.1141. Total reserves at the year end amounted to £184,92912023.. £176,701) of which £143,12512023-. £12L2771 wa5 unrestricted and £41.80412023.. £55,424) was restricted. GREYFRIARS CHARTERIS CENTRE TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Reserves Pollcy The rntention of the Trustees is to build progressively, through generating trading surpluses, a small balance of unrestricted and undesignated reserves in order to meet fluctuations in working capital requirements and 5ea50nal variations in activity. The target revenue reserve equates to three months of operating costs, which based on currentexpenditure is £60.000. At the year end the unrestricted free reserves of the charity lexcludin fixed assetsl were £83,920. whlch is In ex￿&S of the pollcy but the charity is lookin8 to expand and carryout some rèfurbishrnent costs. sTrucruRE. GOVERNANCE AND MANAGEMENT Governin8 document The or8ani5ation 15 a Scottish Charitsble Incorporated Or8ani5ation, and wa5 re8lStered on 13 July 2017. Recruhment and appolntment of trustees frvstees are appointed by the existing board from time to time. When ton5idering the appointment of new trustees, the existin8 Trustees give consideration to the gaps in their ski115 and experience in order to ensure they have a wide range of Skills and qualities Wlth a variety of professional and personal experience. New trustees are sought through personal and profession31 contact5 of the existing Tiustee5 to co-opt people who are interested in the work of the Centre and are willin8 to 8ive up their time to help the Centre rneet its Vision. New trustees undergo an orientationlinduction session with an existing Trustee which will include the airns and objectives of the Centre and being briefed on the operational delivery and financial management. Durin8 thls Inductlon new trustees wlll meet the key employees at the centre. Organi5atignal strydure The Trustees meet re8ularly and are responsible for the strateÉl¢ direttion and policy of the charity. GREYFRIARS CHARTERIS CENTRE TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 REFERENCE AND ADMINisfRAnoN INFORMATION Trustees The following served during the year to signing.. PrlncSpal Offlce- bearers Chief Executlve Offi￿r Prlncipal Office Charity No.. SC047573 Independent Examlner Whitelèw Wells Chartered Accountants 9 Ainslie Place Edinburgh EH3 6Ar aankers Bank of Scotland PO Box 17235 Edinburgh EHII IYH GREYFRIARS CHARTERIS CENTRE TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Trustees. Responslbllhles In Relatlon to the Flnanclal Statements The Trustees are responsiblefor p¥eparing a trustees, annual report and fjnancial statements in attordance with the applicable law and Unlted Kln8dom A¢¢ountlng Standards Iunlted Kln8dom Generally Accepted Accounting Practice). The law applicable to charities in Scotland requires the Trustees to prepare financlal statements for each financial year which Bive a true and fair view of the state of affairs of the Assoclatlon at the end of the year and of the profit or loss for the year then ended. In preparlng those financlal statements, the Trustees are requlred to.. select suitable accounting policies and then apply them con5iStentlv,' observe the methods and principles in the Cha¥ities SORP.. make judgements and estimates that are reasonable and prudent,. state whether applicable accounting standards have been followed, Subject to any material departure5 disclosed and explained in the financial statements,. prepare the financial statements on the going Concern basls unless it is inappropriate to presume that the ¢harlty will continue In buslness. The Trustees are responsible for keepin8 proper accounting records which disclose with ieasonable accuracy at any tirne the financial position of the charity and to enable thern to ensure that the financial statements comply with the Charities and Trustee Investment Iscotlandl Act 2005 and Charitles Accounts15cotlandl Regulations 2006 las arnendedl and the provislons of the Assoclations constltution. They are also responslble for safeguarding the assets of the chartty and hen￿ for taklng reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responslble for rhe malntenance and Integrity of ihe Associalion and financial information Sncluded on the charlty's website. Legislatlon in the United Kin8dom 8overnin8 the preparats'on and dlssemination of financial statements may differ from le8151ation in otherjurisdiction5 Approved by the Trustees and si8ned on their behalf, Date.. 15 April 2025 GREYFRIARS CHARTERIS CENTRE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 I report on the accounts of the charity for the year to 31 December 2024 which are set Dut ¢n pa8es 8 to 18. ftespÈrtive respon5ibSlltles of the trustees and examlner The charity'5 Trustees are responsible for the preparation of the accounts in accordance wlth the terms of the Charities and Trustee Investment15cotlandl Act 2005 and the Charities Accounts Iscotlandl Regulations 2006 la5 amended). The charl￿$ trustees ton5ider that the audlt requirement of Regulatlon 10111 (al to Icl of the Accounts Regulations does not apply. It is my responslbllity to examine the accounts a5 required under section 4411) Icl of the Act and to state whether particular rnatter5 have come to my attention. 8asls of Independent examSnerf5 Statement My examination 15 carried out in accordance with Regulation 11 of the Chaiitie5 Accounts (Scotlandl Regulation5 2006 las amended). An examination includès a review of the accounting records kept by the charity and a compari50n of the accounts presented wlth those records. It also includes consideration of any unusual Items OT disclosures in the accounts, and seeking explanations from the trustees concernlng any su¢h matters. The procedures undertaken do not provide all the evidence that would be iequired in an audit, and Consequent￿ I do not express an audit opinion on the view given by the accounts. Independent examlnerf5 Statement In the course of my examination. no matter has tome to ffjy attention.. which glves me reasonable Cause to believe that in any materlal respect the requlrements- to keep acwuntin8 records in accordance with Section 44 llllal cf the 2005 Act, Regulation 4 of the 2006 Accounts Regulations las amended), and of the Companies Act 2006,. and to prepare accounts which accord with thè accountin8 records and comply with Regulation 8 of the 2(AJ6 Accounts Regulations la5 amended) have not been met,. or 21 to whlch, In my oplnlon, attentron should be drawn in order to enable a proper understandlng of hed. Whitelaw Wells Chartered Accountants 9 Ainslie Place Edinbur8h, EH3 6AT Date.. 15 Aprll 2025 GREYFRLARScFLARTER￿ CEfiviiE SFATtMENT OF FINANCJAiACTwmES FOR THEYEAR ENDED 31 DECEMBER ZOZ4 1024 uthTtstr￿d 2014 RestrKted lunds 2024 Total fvnds 202Y Total funds ote Incom Donatlonsand 8fdnts Charitable attI￿rIeS Invesrments 1,789 2116,802 4,993 24,882 26.671 246A02 4393 127.317 185.114 1,226 Totgl Ineoff*and endowmer+ts 253584 24,882 278,466 313￿57 ExpEndltwe Charitable actwit*¢s 23L796 38142 270.238 199A18 rotalexpendlwr• Z31.796 38.441 170.238 199A18 Not Inccrtnellexpendltw*l 2L708 111,5601 &128 114,139 Transfer bEtweenfunds li 60 Wet mrv4emÉnt in 21,848 113,6201 8,218 114.139 Total fvnds brouthtforwa 12L277 55,424 176,701 61%2 Toralfundscarrlodforward li 143.125 41 184.929 174701 The Ch￿tyh#S no recc8nised8ain$ cr bsses otherthan the resultsfor t￿year3$ setoutabove. All actlvitles of the Charlty areclassedas continuin8 in the currentyear. The note5 on p4es li to tsare an Integral part ofthése actounts. GREYFRIARS CNARTERIS CEpifRE BALANCESHEEr ASAT 31 DECEMBER Z024 2024 Total funds 2023 Totsl fvnds Note Unrestricted lunds Restrirted fvnds ed a55ets Tangible assets TO1￿ fNed assets 59.205 26.036 85.241 85241 84.316 S9.205 26.036 84.316 Current assets Debtors Cash at bank and In hand 16,544 121,701 138,245 IA38 14,330 17,982 136,031 11124 131.990 Tol41 currentassets 15,768 154,013 144,114 iiibilrlie5 Creditors fallSng due vAihin one year io 54,325 54.325 51,729 92,385 Net current assets 83,920 15,768 99,688 Total a55ets le55current Ilèbilitles 143.125 41.804 184.929 176.701 Crethtors falllng dtse after onè ar io 143.125 41,804 184.929 176,701 Funds ofthe tharlty Unrestricted funds Re5trirted fvnds 143,125 143.125 41.804 121,277 55.424 41,804 Total tharltytunds li 143,125 41.804 184.929 176.701 The notes on pa8es 11 to 18 form an Integral partafthese account& The accounts were approvÈd bythe Trustees on 15 Aprfl 2025 and ￿gned on thelr tehaWby'. Trustee GREYFRIARS CHARTERIS CENTRE STATEMENTOF CASHFLOWS AS AT 310ECEMBER 2024 2024 Total 2023 Total ote Net cash provlded by operatlng artlvltles 12 29.081 116,594 Cash flows from Investlni actlvltles: Purchase of flxed assets 125,0401 158,7101 Net cash provlded by Investlng artlvltles 125,0401 158,7101 Chan8e in cash and cash equivalents in the year 4.041 57,884 Cash and cash equivalents brought lorward 131,990 74,106 Cash and cash equivalents ¢arried forwwd 136,031 131,990 The notes on pages 11 to 18 form an integral part of these account5. io GREYFRIARS CHARTERIS CENTRE NOTES FORMING PART OF THE FINANCIAL STATEMENTS AS AT 31 DECEMBER 2024 l. AccountSng Pollcles The principal accounting policies, which have been applied consistently in the year in dealing Wlth items which are considered material to the accounts, are set out below. Ba51s of accountlng The financial Statements have been prepared under the historical cost conventSon with items re￿6niSed at cost or transaction value unless otherwlse stated in the relevant note(sl to these accounts. The financial 5taternents have been prepared in accordance with the Statement of Recommended Prattice.. Accounting and Reporting bv Charities preparlng their account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFR51021 (effective l January 20191 and thè Financial Reportin8 Standard applicable in the United Kin8dom and Republic of lieland IFRS1021, the Charities and Trustee Investment (Scotlandl Act 2005 and the Charities Account5 (Scotlandl Regulatlons 2006 las amefidedl. Greyfrlars Charterls Centre rneetS the definition of a public benefit entity under FRS102. Assets and l¥abilitles are initially recorded at historical cost or transaction value unle5S Otherwise stated in the relevant a¢countin8 policry notelsl. The Trustees consider that there are no materlal uncertainties about the ability of the charity to continue as a going concern for the foreseeable future. Thu5, the Trustees continue to adopt the 80in8 concern basi5 of accountin6 in Preparing thè financial statements. Fund accountlng Funds a￿ ¢13$5ified a5 either restricted funds or unrestrirted funds, defined as follows: Unr ricted Funds Unrestricted funds are giants and oiherlncoming resource5 receivable orgeneratedforthe objerts of the charity without further specified purpose and are available as general funds. The Trustees may designate from tirne to tirne some of these reserves for speclfic purposes and actlvitles. All unrestrlcted reserve5 are currently undesignated and held in general funds. estrit ed funds Any restricted funds are to be used for specifi¢ purpose5 as laid down by the donor. Expenditure which meets these criteria is charged to the fund. In¢ome Donations receivable are credited in the statement of financial activities when there Is sufficient certainty of their receipt and the value of Incomin8 resources can be measured with sufflclent reliability. Charltable activities induding use of premise and event income which are reco8ni5ed during the period to which they relate. Investment Incorne Is Included when receivable. All income 15 stated net of value added tax. li GREYFRIAR5 CHARTERIS CENTRE NOTES FORMING PART OF THE FINANCIAL STATEMENTS AS AT 310ECEMBER 2024 Expendtture Expenditure is recognised once there is a le8al or constructive obligation to make a payment to a third party, rt 15 probable that settlement wlll be required and the amount of the obllgation Can be measured rellably. Expendlture is classified under the following activity headin￿.. Expenditure on charitable activities includes the costs incurred by the charity in delivery of its activities and servlces to Its beneflclaries and their associated support costs. Other expenditure represent5 those Items not falllng into any other headlng. Fimed Assets All tangible fixed assets costing in excess of £1,000 and hawng a value to the charity greater than oneyear, other than those acquired for speciflc purposes. are capltalised. Depreciation is provided on a strai8ht-line ba51S to write off the cost or initial value, less residual value, of tangible fixed assets over their estimated useful live5'. Furniture and equipment- 3-5 year5. FlnancSal Instruments Ihe charity only has financlal assets and liabilities of a kind that qualify as basic instruments. Basic financial instruments are Inltlally ￿COgnISed at transaction value and subsequently measured at thelr settlement value. Pension5 The Charity operates a contrlbutSon scheme for the prlvate pensions of some member5 of staff. The charltV5 contribution 15 4% of salary12023.' 4%) paid dlre¢t to the workplace pension provider. Taxatton Greyfriars Charteris Centre is reco8nised as a charity for the purposes of applicable taxation legislation and Is therefore not sublect to taxation on Its charitable activitie Judiement5 and key 50urtes of estimation uncèrtaintv In the application of the ¢harit*s accountin8 poli¢ies, the trustees are required to rnake jud8ements, estimates and assurnption5 about the carryin8 amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical emperience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimate5 and underlyin8 a5SUrnPtions are reviewed on an ongoin8 basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects onty that period, or in the period of the revision and future periods where the revision affects both current and future periods." 12 GREYFRIARS CHARTERIS CENTRE NOTES TO THE FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31 DECEMBER 2024 2. Donations and lega¢ie5 Unrestricted funds Restricted funds 2024 Total 2023 Total Donatlons Grants- PWP & EERI Grants- other 1,789 2.761 16,634 5,487 24,882 4,550 16,634 5,487 26,671 3,278 11.591 112,348 127,217 1.789 Income from grants and donations was £26,671 12023-. £127,217) of which £1,789 12023.. £1,778) was un¥estricted income and £24,88212023- £125,439) wa5 re5tritted income. 3. Charltsble artlvlties Unrestrl¢ted funds Restrlrted funds 2024 Totsl 2023 Total Use of premise5 and facilitie5 Other Income from charltable activities 227,797 I9,￿5 227,797 19,005 172,782 12,332 185.114 246.802 246,802 Income from charitable acrlvtties was £246,802 12023.. £185,114) of which £246,802 12023.. £185,114) was unrestricted Income and £nil12023.. £nll I was restricted income. 13 GREYFRIARS CHARTERIS CENTRE NOTES TO THE FINANCIALACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 4. Analy515 of expendlture Unrestrirted funds Restrirted lunds 2024 Totsl 2023 Total Charltable empendlture Staff and other staff related costs Rent Property runnlng costs Repairs and maintenance Event Costs 121,878 24,858 26,013 16,323 182 5,887 7,753 833 1,928 1,518 1,33S 474 21,904 143,782 24,858 26,023 16,323 5.622 8,397 7,753 5,366 1,928 1,518 1,335 474 24.115 313 891 1,$40 115,571 22,429 16,371 3,783 7,951 5,630 4,494 744 832 1,051 791 730 16,774 350 717 1,200 199.418 io 5,440 2,510 Catering Costs Accountancy fees Other professional costs Telephone and internet Printin&Stationery & Advertising IT & Software Travel Depreclatlon 8ank charges other eypen5e5 Independent examlnation fees 4,533 20,070 313 891 1,540 4,045 231,796 38.442 270.238 Support Costs have not been separately identified as the trustees consider that there is ¢)nly one charitable activity. Expenditure on charitable attivities was £270,238 12023.. £199,418> of which £231.79612023.' £182,737) was unrestricted and £38,44212023.. £16,681) was restricted. 5. Net result Thls is ststed after charging.. 2024 Total 2023 Total Independent examination fees Depreciation charge 1,540 24,115 1,200 16,774 14 GREYFRIARS CHARTERIS CENTRE NOTES TO TrIE FINANCIAL ACTivmES FOR THE YEAR ENDED 31 DECEMBER 2014 6. Analysls of stsff wsts 2024 Total 2023 Totsl Salarie5 and wages Social securlty costs Pension costs 134.734 3,339 3,189 109,670 1,592 2,763 141,262 114,025 The average number of employees on a headcount basis during the period was 1012023.. 91. No employee had employee benefits In excess of £60,1)00 in 2024 or 2023. The charity operates a defined contribution pension scheme, which is open to all qualifying employees. The Charit￿5 contribution is 4% 12023.. 4%1 of salary. The pension cost charge payable by the charity to the schemes has been charged to the income and expenditure account and amounted to £3,18912023'. £2,763). Contrlbutlons outStandlnÉ at the year-end amounted to £34812023.. £3241. 7. Trustees, Remuneratlon and Related Party Transactlons The Tru5tee5 received no remuneration in the year12023'. £nill. OurinB the year no Trustee was reimbursed 12023.. £nill in relation to general expenses purchased on behalf of the charity. eThed as a trustee of Greyfriars Kirk during the year. Donations of £48712023: £54,198) were received from the Binks Trust, of which Jo Elliot15 8 Trustee. During the year rent of £24,858 12023.. £22,429) and salary recharges of £7,2CQ 12023.'£4,7521 were paid to Greyfrlars Klrk. Durrn8 the year goods and servlces of £376 12023.'£nill were purchased by Grassmarket Communlty Projert and goods and services amounting to £2,569 12023'.£3,8831 were purchased from Grassmarket Community Project, a charity of whic re Directors. At the year-end £720 remained due to12023'. £4,634 due tol Greyfrlars Klrk, and £25812023..£5861 rem3ined due to Gra$5market Communlty Project. 8. r￿ed A55ets Furnityre & equipment Totsl C05t As at I january 2024 Additions As at 31 December 2024 115,9S9 25,040 140.999 Depreclatlon A5 at l January 2024 Charge for the year As at 31 December 2024 131,6431 124,1151 155,7581 Net book value as at 31 December 2024 85,241 84,316 Net book value as at 31 December 2023 15 GREYFRIARS CHARTERIS CENTRE NOTES TO THE FINANCIALACTIVITIES FOR ThE YEAR ENDED 31DECEMBER 2024 9. Debtors 2024 Total 2023 Totsl Amounts due from Greyfriar5 Kirk Trade debtor5 Prepayments and accrued income 515 9,799 1,810 12,124 6,394 11,588 17,982 10. Credltors Falllng due wlthln one year 2024 Total 2023 Totsl Social security and other taxes Deferred income Amounts due to Greyfriar5 Kirk Accruals and other Creditors 9,223 23,357 720 8,014 18,575 5,149 19,991 51,729 21,025 54.325 Deferred Income Ideposlts by users of the premlsesl 2024 Total 2023 Total Brought fo¥ward Released to income in the year Received durlng the year 18,575 118,5751 23,357 23,357 6,457 16,4571 18,575 18,575 IL Movement In funds Asat 1.1.24 Asat 31.12.24 Intome Expenditurè Transfers Unrestrtrted funds General Fund Capital Fund 42,389 78.888 121.277 253,584 1213,7041 118,0921 1231.7961 1,651 11,5911 83,920 59,205 143,125 253.584 Restrlrted funds Capital Fund Community Engagement Dumbiedykes Wifi Santtuary CEC-Commnlty Grant Community Events EERI/PWP 14871 45,159 3,417 4,298 19.8541 13,4501 11,0311 12.8761 14,5971 116,6341 {38,4421 35,305 33 3,267 2,124 1,108 5,000 2,761 16,634 2,550 394 55.424 24,882 41,804 176.701 278,466 1270.2381 184.929 16 GREYFRIARS CHARTERIS CENTRE NOTES TO THE FINANCIALACTIVITIES FOR THE YEAR ENDED 310ECEM8ER 2024 11. Movement In funds Icont.) Asat 1.1.23 Income Expendlture Transters 31.12.23 Unrestrlrted funds General Fund Capital Fund 10,393 37,479 47,872 188,118 1169,9481 112,7891 1182.7371 13,826 54,198 68,024 42,389 78,888 121,277 188.118 Restrlrted funds Capltal Fund Cornmunity En838ement Dumbiedykes Wifi Santtuary Find Your Volce Community Events NOLB 54,198 50,C¥)O 154,1981 12,3411 12,5001 45,159 3,417 4,298 3,417 5,000 17021 12,3161 14,2751 16,8881 {16,6811 12,6841 14,0981 14,7031 168.0241 1,273 9,650 11,591 125,439 2,550 14.690 55,424 6Z.562 313.557 1199.4181 176,701 Fund purposes: Unrestrktedfunds.. General Fund Capital Fund Represents the general 8iving and expendItu￿ of the charty. This hold5 the a55ets purchased through grant fundins and donations for Specific assets. Restrirtedfvnds.. Capital Fund Monies were received to fund specific assets purchased in the year and as there were no ongoing restrictions the funds were traTh$fer￿d to a separate desi8nated fund. Grant received from Foundation Scotland to assist in the development of a health and well beln8 initlative at the Greyfriars Charteris Centre. Funds recerved to Sustain and increase community events, such as coffee rnorning5 and festive lunches. Community Enga8ernent Community Events Durnbiedykes Wifi Funds received to support an Intern to take the project to improve wifl in the local community onto next stages. Funds received to support Heart for Art clas5e5 dernentia. Funds ￿ceiVed to fumish the Sanctuary. These are grant schemes paid by the City of Edinburgh Council funded and administered by thern, in line with the Scottish Governmenvs No One Left Behind ethos. CEC-Cornrnuni¢y Grant art classes for those living with Sanctuary EERI/PWP INOLBI For all restricted reserves (other than capltall transfers are made to the general reserve to cover facility and staff costs as 88reed with the funder. 17 GREYFRIARS CHARTERIS CENTRE NOTES TO THE FINANCIALACTIVITIES FOR THE YEAR ENDED 310ECEMBER 2024 12. Re