The Charity Registration Number is SC047659 The Jenniburn Centre SCIO Report and Accounts 31 March 2022
The Jenniburn Centre SCIO Report and accounts for the year ended 31 March 2022 Contents Page Charity information Trustees, Annual Report Statement of directors, responsibilities Independent Examiner's Report Funds Statements.'_ Statement of Financial Activities Statement of Financial Activities - Prior Year statement Statement of total recognised gains and losses Movements in funds Revaluation reserves 10 11 12 12 12 Revenue Funds Fixed Asset funds Income and Expenditure account Summary of funds 12 12 13 13 Balance sheet Cash flow statement Notes to the accounts 14 15
The Jenniburn Centre SCIO Trustees, Annual Report for the year ended 31 March 2022 The Trustees present their Report and Accounts for the year ended 31 March 2022. Reference and administrative details The charity name. The legal name of the charity is:_ The Jenniburn Centre SCIO. The charity s areas operation and UK charitable registratlon. The charity is registered in Scotland with The Office of the Scottish Charity Regulator (OSCR) with charity number SC047659. The charity does not operate in any overseas jurisdictions. Legal structure of the charity The governing document of the charity isthe constitution of the SCIO as approved by The Office of the Scottish Charity Regulator (OSCR) . There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law. The trustees are all individuals.
The Jenniburn Centre SCIO Trustees, Annual Report for the year ended 31 March 2022 The principal operating address, telephone number, email and web addresses of the charlty are:. The Trustees in office on the date the report was approved were:. The following persons served as Trustees during the year ended 31 March 2022 :. The trustees who served as a trustee in the reporting period were as shown above, and there were no changes during the year, or in the period between the year end and the approval of the accounts. All the trustees are also members of the charity.
The Jenniburn Centre SCIO Trustees. Annual Report for the year ended 31 March 2022 Objects and activities of the charity The purposes of the charity as set out in its governing document. The charity's object continues to be that of providing a centre for the community, principally among the residents of Castlemilk. To achieve this aim, the policy and principal activity of the charity continues to be the promotion of social activity. The main activities undertaken in relation to those purposes during the year. Paradoxically, after a year of disruption due to COVID-19, the Jenniburn was in a position of being relatively financially stable at the start of the 21-22 financial year and Trustees made positive, but prudent, plans for the future. Areas identified for expenditurelinvestment included: .An extensive and expensive programme of much needed repairs and maintenance .As part of the programme to combat the digital divide, enhancing the broadband provision and Wi-Fi coverage throughout the building .Purchasing, for the benefit of both The Jenniburn and the wider community, health and safety equipment to combat the virus which had yet to be eliminated and an automatic defibrillator to be held at reception and accessible to all whenever the Centre was open .Purchasing more chairs and related items to extend usage of the Centre .Servicing of the heating plant .Supporting user groups by providing a generous rent-free period following the re~opening of the Centre in an attempt to assist with re-establishing the previously extensive programme of activities -and miscellaneous other improvements. Additionally, provision had been made to accommodate the further reduction in grant support as we entered phase three of the Community Fund Award.
The Jenniburn Centre SCIO Trustees, Annual Report for the year ended 31 March 2022 The main activities undertaken during the year to further the charity's purpose for the public benefit. The Jenniburn, was, however, struck by a series of very significant blows which have genuinely jeopardised the very future of the organisation: 1 .Some months prior to the expiration of current utilities contracts, long-term deals had been struck for future provision at terms which were acceptable at the time, but which, given the subsequent astronomical rises which were implemented, were incredibly favourable and would have protected The Jenniburn from the price explosion until 20271 Unfortunately, a grossly inadequate word under the circumstances, the company with whom we were contracted was one of those that folded in 2021 and the best "new" deals available were at the inflated rates which are multiples of what had been projected. 2.Several organisations which had previously made extensive use of The Jenniburn prior to the pandemic either ceased to operate all together or had switched their provision online and continued to do so following the easing of restrictions. 3.While the programme of repairs and Maintenan went ahead at a total cost of over £10,000, the separate servicing of the heating plant opened a Pandora's Box, the consequences of which continue to pose a very real threat to the future of The Jenniburn. Extensive and very detailed documentation is available on request but, to précis the position: a.The organisation which had exclusively carried out all repairs to the plant were engaged to assess and quote for the work required b.To the astonishment of Trustees, the assessment resulted in the plant being declared not merely unusable, but unsafe! c.Consequently, it was immediately shut down thus depriving The Centre of heating and hot water. d.Expensive, but largely inadequate, temporary heating plant was brought in, the hire cost of which has already exceeded five figures - with the attendant power costs being even greater. e.Further ad hoc repairslinstallations ~ again at considerable expense - provided temporary solutions for the lack of hot water in key areas. f.A full survey of the plant was carried out, at a further cost to the organisation of approximately two thousand pounds and phase one of the recommendations have been implemented at a cost of approximately six thousand pounds. g.our inability to offer a facility which has a guaranteed and effective heating system and permanent hot water has impacted hugely on activities already damaged by the effects of the pandemic. At the time of writing, a final cost has yet to be identified for the full restoration of a heating plant which will reliable, adequate, and compliant with statutory regulations (without taking cognisance of the fact that fossil fuelled systems are likely to require to be replaced at some time in the not- too-distant future). What can be stated with certainty, however, is that the cost will be beyond the means of The Jenniburn Centre SCIO and that, notwithstanding the recognised financial pressures acting on our core funder, Glasgow City Council faces limited options in respect of the future of what is ultimately their building.
The Jenniburn Centre SCIO Trustees. Annual Report for the year ended 31 March 2022 The main achievements and performance ofthe charity during the year. varaaoxicaiiy, aTter a year OT aisrupiion aue 10 Luviu-i y, Ine JenniDurn was In a position or Deing relatively financially stable at the start of the 21-22 financial year and Trustees made positive, but prudent, plans for the future. Areas identified for expenditurelinvestment included: .An extensive and expensive programme of much needed repairs and maintenance .As part of the programme to combat the digital divide, enhancing the broadband provision and Wi-Fi coverage throughout the building .Purchasing, for the benefit of both The Jenniburn and the wider community, health and safety equipment to combat the virus which had yet to be eliminated and an automatic defibrillator to be held at reception and accessible to all whenever the Centre was open .Purchasing more chairs and related items to extend usage of the Centre .Servicing of the heating plant .Supporting user groups by providing a generous rent-free period following the re-opening of the Centre in an attempt to assist with re-establishing the previously extensive programme of activities and miscellaneous other improvements. The difference the charitys performance during the year has made to the beneficiaries of the charity and to the wider society. It would be disingenuous to suggest that there has been anything other than a significant diminution of the services provided to the community in 2021-22 and that, rather than usage increasing as a consequence of the investment in a programme of repairs and maintenance, the core issue of the heating problem, exacerbated by other difficulties, has inflicted potentially fatal wounds on the organisation. In essence, the financial year opened with a degree of optimism based on a relatively stable financial position, a costed programme of pJsitive developments and plans to support other organisations recovering from the pandemic. It ends, as The Jenniburn enters its silver jubilee year, with huge concerns about the future and with contingency plans for having to fomially wind-up the charity being actively explored.
The Jenniburn Centre SCIO Trustees. Annual Report for the year ended 31 March 2022 Structure, governance and management of the charity The methods used to recruit and appoint new charity trustees. The members of the company are also charity trustees for the purposes of charity law and are known as members of the Board. Under the requirement of the Memorandum and Articles of Association the members of the board are elected to serve for a period of one year after which they must be re-elected at the next Annual General Meeting. The obligations of the Board are to maintain documents which set out the operational framework for the charity including the Memorandum and Articles, resourcing the current financial position as set out in the latest published accounts and the future planning and objectives. The charitys organisational structure. The Jenniburn Centre SC026865 (the former entity) was formally wound-up (with effect from 31 Dernber 2017) at the Annual General Meeting held on 06 December 2017. There followed, on the same date, a General Meeting, confirming the formal constitution of The Jenniburn Centre SCIO SC047659 and the appointment of the Trustees identified elsewhere in the accounts. On 12 February 2019, the first Annual General Meeting of the new entity, The Jenniburn Centre SCIO (SC047659) was held. It should be noted that these steps were taken following consultation with - and the agreement of - our core funder, Glasgow City Council and that all assets and liabilities of the Jenniburn Centre were passed to The Jenniburn Centre SCIO. Financial review The charitys financialposition at the end of the year ended 31 March 2022 The financial position of the charity at 31 March 2022 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:_ 2022 2021 Net Income (23,829) 35,825 Unrestricted Revenue Funds available for the general purposes of the charity 2,035 3,738 Restricted Revenue Funds 18,553 40,679 Total Funds 20,588 44,417 Financial review of the position at the reporting date, 31 March 2022 . The trustees consider the financial performance by the charity during the year to have been satisfactory.
The Jenniburn Centre SCIO Trustees, Annual Report for the year ended 31 March 2022 Policies on reserves. The present level of funding is adequate to support the continuation of the charity for the medium term and the Trustees consider the financial position of the charity to be satisfactory. Availability and adequacy of assets of each of the funds The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund. The major risks to which the Charity is exposed and reviews and systems to mitigate them. The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining reserves at current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. Principal funding sources in the year and how these support the key objectives of the charity. Funding from Glasgow City Council's Community Fund, from the Scottish Government's Strategic Framework fund and from the UK Government's Job Retention Scheme allowed Trustees to retain and support staff to be ready to re-open when restrictions are lifted and to restore and develop The Jenniburn's work within the community. Details of The Independent Examiner Anderson MacDonald The APL Centre Stevenston Industrial Estate Stevenston KA20 3LR
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The Jenniburn Centre SCIO Report of the Independent Examiner to the Trustees of the charity on the accounts for the year ended 31 March 2022 I report to the Trustees on my examination of the financial statements of the charity on pages 10 to 24 for the year ended 31 March 2022 which have been prepared in accordance with the Charities and Trustee Inveslment (Scotland) Act 2005 (the Act) and with the Financial Reporting Standard 102, (effective 1 st January 2016) as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by The Office of the Scottish Charity Regulator (OSCR) , and under the historical cost convention and the accounting policies set out on page 15. Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report As described on page 7, you, the charity's Trustees, are responsible for the preparation of the financial statements in accordan with the Charities and Trustee Investment (Scotland) Act 2005 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view. The Trustees consider that the audit requirement of Regulations 10(1) (a) lo (c) of the The Charities Accounts (Scotland) Regulations 2006 (as amended) does not apply, and that there is no requirement in the Goveming Document for the conducting of an audit. As a consequence, the Trustees have eleded that the financial statements be subject to independent examination. Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:_ a) examine the financial statements of the charity under Section 44(1)(c) of the Act; b) follow the applicable prOdureS in the Regulation 11 of The Charities Accounts (Scotland) Regulations 2006 (as amended) and in accordance with theguidance given by The offi of the Scottish Charity Regulator and; c) slate whether particular matters have come to my attention. Basis of Independent Examinerfs Ststoment and scope of work undertaken and; I conducted my examination in accordance with the Regulation 11 of The Charities Accounts (Scotland) Regulations 2006 (as amended) and in accordance with theguidance given by The offi of the Scottish Charity Regulator, setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination indudes a review of the accounting records kept by the charity and of the accounting systems employed by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, conceming such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disdosures made, the financial statements comply with the SORP. The prOdureS undertaken do not provide all the eviden that would be qUired in an audit, and infomation supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assuran that an independent examination can provide Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below. I planned and perfomied my examination so as to satisfy myself that the objeclives of the independent examination are achieved and before finalising the report l obtained written assurances from the Trustees of all material matters.
The Jenniburn Centre SCIO Independent Examiner's Statement, Report and Opinion Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that: and that l am qualified to act as Independent Examiner in accordance with that section by virtue of my being qualified member of Association of Accounting Technicians; This is a report in respect of an examination carried out under 44(1)(c) of the Act and in accordance with Regulation 11 of The Charities Accounts (Scotland) Regulations 2006 (as amended) and in accordance with theguidance given by The Office of the Scottish Charity Regulator which may be applicable. and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the charity as required by with Section 44(1)(a) of The Charities and Trustee Investment (Scotland) Act 2005; when preparing accounts on a fully accrued basis, to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the Act and the Regulations setting out the form and content of charity accounts; have been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1 st January 2019), (The SORP). have been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1 st January 2019), (The SORP). have not been met or to which, in my opinion, attention should be drawn in my report in order to enable a proper understanding of the accounts to be reached. Signed:_ Anderson MacDonald The APL Centre Stevenston Industrial Estate Stevenston KA20 3LR This report was signed on 12 September 2022 10
The Jenniburn Centre SCIO - Statement of Financial Activities for the year ended 31 March 2022 Statement of Financial Activities for the year ended 31 March 2022 SORP Ref Current year Unrestricted Funds Current year Restricted Funds Current year Total Funds Prior Year Total Funds 2022 2022 2022 2021 Income & Endowments from: Donations & Legacies Charitable activities Investments A1 A2 A4 21,670 13,937 174 65,058 86,728 13,937 174 118,111 69 Totsl income 35,781 65,058 100,839 118,180 Expenditure on: Charitable activities B2 54,759 69,909 124,668 82,355 Total expenditure 54,759 69,909 124,668 82,355 Net income for the year (18,978) (4,851) (23,829) 35,825 Transfers between funds 17,275 (17,275) Net income after transfers A-B-C (1,703) (22,126) (23,829) 35,825 Net movement in funds (1,703) (22,126) (23,829) 35,825 Reconciliation of funds:. Total funds brought forward 3,738 40,679 44,417 8,592 Totsl funds carried forward 2,035 18,553 20,588 44,417 The 'SORP Ref indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet. A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses. All activities derive from continuing operations The notes attached on pages 15 to 24 form an integral part of these accounts.
The Jenniburn Centre SCIO - Statement of Financial Activities for the year ended 31 March 2022 Prior Year Prior Year Prlor Year Totsl Funds SORP Ref Unrestricted Funds Restricted Funds 2021 2021 2021 Income & Endowments from: Donations & Legacies Charitable activities Other trading activities Investments Other A1 A2 A3 A4 A5 22,250 69 95,861 118,111 69 Total income 22,319 95,861 118,180 Expenditure on: Note - Because of complexities of permutations, some nil lines may not autohide and may ne Raising funds B1 Charitable activities B2 Other B3 Tax on surplus on ordinary activiti B3 Other taxation B3 25,354 57,001 82,355 Total expenditure 25,354 57,001 82,355 Net gains on investments B4 Net income for the year (3,035) 38,860 35,825 Transfers between funds Net income after transfers (3,035) 38,860 35,825 Net movement in funds (3,035) 38,860 35,825 Reconciliation of funds:. Total funds brought forward 6,773 1,819 8,592 Totsl funds carried forward 3.738 40,679 44,417 All activities derive from continuing operations A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses., The notes attached on pages 15 to 24 form an integral part of these accounts. 12
The Jenniburn Centre SCIO - Statement of Financial Activities for the year ended 31 March 2022 The Jenniburn Centre SCIO - Resources applied in the year ended 31 March 2022 towards fixed assets for Charity use:. 2022 2021 Funds generated in the year as detailed in the SOFA Resources applied on functional fixed assets Other applications of funds (23,829) (7,133) 35,825 (3,000) Net resources available to fund charitable activities (30,962) 32,825 The notes attached on pages 15 to 24 fomi an integral part of these accounts. Movements in revenue and capital funds for the year ended 31 March 2022 Revenue accumulated funds Unrestricted Funds 2022 Restricted Totsl Funds Last year Totsl Funds Funds 2022 2022 2021 Accumulated funds brought forward 3,738 40,679 44,417 8.592 Recognised gains and losses before transfers (18,978) (4,851) (23,829) 35,825 (15,240) 35.828 20,588 44,417 Closing revenue funds 2,035 18,553 20,588 44,417 Summary of funds Unrestricted and Designated funds 2022 Restricted Funds Total Last Year Total Funds Funds 2022 2022 2021 Revenue accumulated funds 2,035 18,553 20,588 44,417 The notes attached on pages 15 to 24 form an integral part of these accounts. 13
The Jenniburn Centre SCIO - Statement of Financial Activities for the year ended 31 March 2022 The Jenniburn Centre SCIO Income and Expenditure Account for the year ended 31 March 2022 as required by the Companies Act 2006 2022 2021 Income Income from operations 100,665 118,180 Investment income Other operating income Gross income In the year before exceptional items 100,839 118,180 Gross income in the year including exceptional items 100,839 118,180 Expenditure Charitable expenditure, exduding depreciation and amortisation Depreciation and amortisation Governance costs Realised losses on disposals of social investments which are programme related 87,656 7,133 29,879 59,712 3,000 19,643 Total expenditure in the year 124,668 82,355 Net income before tax in the financial year (23,829) 35,825 Tax on surplus on ordinary activities Net income after tsx in the financial year (23,829) 35,825 Retsined surplus for the financial year 23,829) 35,825 All activities derive from continuing operations In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities. The notes attached on pages 15 to 24 form an integral part of these accounts. 14
Th• J•nnilwrn ¢•rtrn SCIO - Balanu Shortas at 31 Maroh 2022
Note Rot
2021
12 82
2.733
23,374
6,960
40.717
ath at bank and in.IMThJ
Totsl Current assels
26,107
47,677
ng du• wlth
13 ¢1
The Jenniburn Centre SCIO Notes to the Accounts for the year ended 31 March 2022 1 Accounting policies Policies relating to the productlon of the accounts. Basis of preparatlon and accounting convention The accounts have been prepared on the accruals basis. under the hislorical cost convention, and in accordance with Ihe Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Slatement of Recornmended Practice for Accounting and Reporting by Charilles) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1 st January 2019), (The SORP), published by Th8 Office of the Scollish Charity Regulator (OSCR) , effective January 2016, anij in accordance with all applicable law in the charity's jurisdictlon of reglstration The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year, The chari1y is a public benefit enlity. Golng Concern The charitable activities are entirely dependenl on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams. All staff were fudoughed from 23103120 with 800h of cosls (inclusive of Nl) being met by the UK Government's Job retention Scheme and Glasgow City Council extended the IG F award for six months, Trustees met all the slatutory obligatlons in respect of SCIO status and complied in full with the requirements of core funders. It is, however, impossible to anticipate what Ihe future will bring given the uncertain times and unprecedented, but necessary, restrictions on individual and community life. Risks and future assumptlons The charity is a publlc benefit entity, The fulure risks and assumptions are noled in the going concem note above. Policies relating to categories of Income and income recognltlon. Nature of Income All incoming resources are included in the statement of financial activities when Ihe charity is entitled to the incorne and the amount can be quantlfled wilh reasonable accuracy. The following specific policies are applied to particular categories of Incorne: Categories of Income Volunt8ry income is received by way of grants, donations and gifts and is Incluced in full in Ihe slatemenl of financial activities when receivable, Grants where entitlement is not condilional on the delivery of a specific performance by the charily. are recognised when the charity becomes unconditionally entitled to the grant. Donated seNices and facilities are included at the value to Ihe charity Whe this can be quantified. The value of services provided by volunteers has not been included. Gifts donated for resale are included as incoming resources within activities for generating funds when Ihey are sold. Grants. including grants for the purchase of fixed assels, are recognised in full in the statemenl of financial activilies in Ihe year in which they are receivable. 16
The Jenniburn Centre SCIO Notes to the Accounts for the year ended 31 March 2022 Income recognition Income, whelher from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event resulls in an increase in the charity's assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be rneasud reliably. Dividends are accrued when Ihe shareholderfs right to receive payment is established. Income subject to terms and conditions which must be met before the charity is entitled to the resources is not reGognised until the conditions have been met. All income is accounted for gross, befo deducting any related fees or costs. Policies relating to expenditure on goods and servlces provided to the charity. Recognition of liabilities and expenditure A liability. and the related expenditure, is recognised when a legal or constructive obligalion exisls as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated.. Liabilities arising from future funding commilments and constructive obligalions, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision wilhin the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates, Policies relating to assets, liabilities and provisions and other matters. Tangible fixed assets Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cosl value includes all costs expended in bringing the asset into its intended working condition. Depreciation has been provided at the following rates in order to write off the assets lo their anticipated residual value over their estimated useful lives. Plant and machinery Motor vehicles 100 Vo Straight line 25 Q/0 Straight line Accounting for capltal grants and fixed asset funds. Gifts of tangible fixed assets or grants of a capilal natu, given for the purposes of acquiring specific assets to be fully utilised in the furtherance of the objects of the charity, are credited to fixed asset funds after the donated asset has been received or sums have been properfy expended on the restricted purpose. Where Ihe terms of the gift require the charity to hold the asset on an ongoing basis for a specific purpose, then the fixed asset fund so created is categorised as a restricted fixed asset fund, and the relevant restrictions are noted in the fixed asset note 10. Where the terms of the gift are met once the asset is acquired, so allowing the charity to Use the asset on an unreslricted basis, including the right to receive the proceeds of any future sale of the asset on an unreslricted basis, then the fixed asset fund so created is categorised as a designated fixed asset fund. When assets are acquired for the furtherance of the charity's objects, utilising the charity's own unrestricted funds, a transfer is made from unreslricted funds to a designated fixed asset fund. Whether acquired with unrestricted or restricted funds, the asset acquired is Initially shown in the balance sheet at the full cost of acquisition or subsequent revaluation. As the related assets are depreciated, in accordance with the depreciation policy,in order lo reflect the dimunition in the asset,a transfer is made from the relevant fixed asset funds to either unrestricted or restricted revenue funds, as appropriate to the terms of the original gift, if any. The effect of this policy is that the aggregate of all fixed asset funds shall equate to Ihe net book value of fixed assets. In the first year that this policy was adopted. a transfer to fixed asset funds was made equivalent to the net book value of the assets. 17
The Jenniburn Centre SCIO Notes to the Accounts for the year ended 31 March 2022 Any residual Ilability lo the donor arising from, for exampla. the asset's future sale, is disclosed as a contingent liability unless the event that would trigger repaymenl of the grant becomes probable in which case a liability for repayment Is recognised. stocks and work In progress Stock is valued at Ihe lower of cost and net realisable value. 2 Liabillty to taxation The Trustees consider that the charity satisfies the lests set oul In Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from laxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corpor&tion Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains AGt 1992, lo the extent that such income or gains are applied exclusively on the spe¢ifi¢ haritable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs In Ihe Statement of Financial Activities. 3 Wlnding up or dissolutlon of the charity If upon windlng up or dissolulion of Ihe charity there rernaln any assets, after the salisfaclion of all debls and liabilities, thè assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to Ihe charity. 4 Net surplus before tax In the financial year 2022 2021 The net surplus before lax in the financial year Is slated after charging:_ Depreclation of owned fixed assets Pension costs 7.133 3,000 S The contrlbution of volunteers The charity depends on the support of its volunleers, whlch is much appreciated. The arrangements wilh volunteers are difficult to value precisely in monetary terms and have not been recognised in the Statement of Financial Activities. The volunleers and the charity accept and agree that no contract of employment is created by these arrangements. 6 Staff costs and emoluments Salary costs 2022 2021 Gross Salaries excluding trustees and key management personnel Employerfs Nalional Insurance for all slaff Employerfs operating costs of defined contribution penslon schernes 33,984 32,624 Total salaries, wages and related costs 33,984 32,624 The eslimated full time equivalent number of all staff employed in the year was The estimated equlvalent numbgr of full tlme staff deployed In dlfferent actlvltles In the year was... Engaged on charitable activities Engaged on management and adminislration The estlmated full tlme equlvalent number of all staff employed as above Neither the truslees nor any persons connected with them have received any remuneration from the charity or any related entity, either in the current or prior year. No employees received emoluments (excluding pension costs) sn excess of £60,000 per annum, 18
The Jenniburn Centre SCIO Notes to the Accounts for the year ended 31 March 2022 7 Defined contribution pension schemes The charity offers a defined contribulions pension scheme but no employees met the criteria in the year. Any li8bilites and assets associated with the scheme are shown under debtors and creditors. 9 Remuneration and payments to Trustees and persons connected with them No trustees or persons connected with them received any remuneration from the charity, or any related enlity. 10 Tanglble fixed assets Land and Bulldings Plant & Machinery Motor Vehicle5 Currnnt Year Totsl Cost At 1 April 2021 Additions 38,156 7,133 38,156 7,133 At 31 March 2022 45,289 45,289 Depreclation At 1 April 2021 Charge for the year 38,156 7,133 38,156 7,133 At 31 March 2022 45,289 45,289 Net book value At 31 March 2022 11 Stocks & Work in Progress 2022 2021 Stocks before wrste downs 12 Debtors 2022 2021 Trade debtors Prepayments and accrued income Other debtors 1,491 1,242 4,321 2,639 2,733 6,960 13 Creditors: amounts fa116ng due within one year 2022 2021 Accruals PAYE. NIC VAT and other taxes Other creditors 5,159 3,110 360 150 5,519 3,260 14 Loans to trustees included In debtors No Loans were made to trustees in the year. (Prior year nil). 15 Guarantees made by the charity on behalf of trustees No guaranlees were made by Ihe charity on behalf of trustees in the year ( Prior year Nil) 19
The Jenniburn Centre SCIO Notes to the Accounts for the year ended 31 March 2022 16 Financial commltments under operating leases 2022 2021 At the year end the charity had annual commrtments under non-cancellable operating leases as set out below: Operaling leases which expire: within Iwo to five ye8TS 17 Income and Expenditure account summary 2022 2021 At 1 April 2021 Surplus after tax for the year 44,417 (23,829) 8,592 35,825 At 31 March 2022 20,588 44,417 18 No related party transactions There were no related partles Iransactions during this year or the previous year, 19 Partlculars of how particular funds are represented by assets and liabilities At 31 March 2022 Unrostricted Designatod funds Restricted Tolal funds funds Funds Current Assels Current Liabilities 7,554 (5.519) 18,553 26,107 15.519) 2,035 18,553 20,588 At 1 April 2021 Unrostrlctod funds Designated funds Ro$lricted funds Total Funds Currenl Assets Current Liabilities 6,998 (3,260) 40,679 47,677 (3,260) 3,738 40,679 44,417 20
The Jenniburn Centre SCIO Notes to the Accounts for the year ended 31 March 2022 20 Change in total funds over the year as shown in Note 19 , analysed by individual funds Funds brought forward from 2021 Transfers between funds in 2022 Funds carried forward to 2023 funds in 2022 See Note 21 See Note 22 Unrestricted and deslgnated funds... Unrestricted Revenue Funds 3,738 (18,978) 17,275 2,035 Total unrestricted and designated funds 3,738 18,978 17,275 2,035 Restrlcted funds... Castlemilk & Camiunock Cornmunity Windpark Trust Glasgow City Council CJRS Fund 2,526 2,526 38.153 (4,851) (17,275) 16,027 Total restricted funds 40,679 4,851 17,275 18,553 Total charity funds 44.417 23,829 20,588 21 Analysis of movements in funds over the year as shown in Note 20 Other Income Expendituro Gains & Movement Losses On funds 2022 2022 2022 2022 Unrestrlcted and de8ignated funds... Unrestricted Revenue Funds 35,781 (54,759) {18,978) Restricted funds... Casllemilk & Carmunock Community Windpark Trust Glasgow City Council CJRS Fund Glas9ow City Council - Covid Grant 54,335 10,723 (59,186) (10,723) (4,851) 100,839 124,668 23,829 21
The Jenniburn Centre SCIO Notes to the Accounts for the year ended 31 March 2022 22 Detalls of transfers between funds in The tran8fer8 shown In note 20 above are.". 2022 Tol(from) Unrestricted Revenue Funds in accordance with the accounting policy 'Accounting for capilal grants and fixed asset funds,, Transfers lol{ from) Unrestricted Funds to cover deficits on Restricted Funds or when funds are lawfully reallocated Tol(from) Reslricled Revenue Funds 23 The purposes for whlch the funds as 17,275 17,275 Unrestrlctsd and de81gnatsd funds... These funds are held for the rneeling the objectives of the charity, and to provide reserves for future activities, and , subject to charity legislation, are free from all restrictions on their use. This fund represents the unrestricted surplus arising on the fevaluatlon of the charity's assels. Unreslricl8d Revenue Funds Unrestricted Revaluation Reserve Restrlcted funds... Restricled Fixed Assel Funds The purpose of these funds is described under the accounling policy 'Accounting for capital grants and fixed asset funds,. Thls fund represents Ihe restricted surplus arising on the revaluation of the charity's assels. The fund is for the purchase of eleclrial shutter doors for the building. Restricted Revaluation Reserve Castlemilk & Camiunock Community Windpark Trust The fund contribute3 to the wag8s and salaries and also the heat & light costs. Glasgow City Council 24 Ultimate controlling party The charity is under the conlrol of its legal members. 22
The Jenniburn Centre SCIO Detailed analysis of income and expenditure for the year ended 31 March 2022 as required by the SORP 2015 This analysis is classsified by conventional nominal descriptions and not by activity. 25 Donations, Grants and Legacies Current year Unrestrlcted Funds Current year Current year Restrlcted Total Funds Funds Prlor Year Total Funds 2022 2022 2022 2021 Donations and gifts from individuals Small donations individually less than £1000 Apex Hotels 70 70 2,000 Total donations and glfts from Individuals 70 70 2,000 Current year Unrestricted Funds Current year Current year Restricted Total Funds Funds Prfor Year Total Funds 2022 2022 2022 2021 Revenue grants from government and public bodies Glasgow City Council 54.335 54,335 57,646 Corona Virus Job Retention Scheme Strategic Framework Fund (Covid Grant) 10,723 10,723 21,600 38,215 20,250 21,600 Total public sector revenue grants 21,600 65,058 86,658 116,111 Total Donations, Grants and Legacies Total Donations, Grants and A1 Legacies 21,670 65,058 86,728 118,111 26 Income from charitable activities - Trading Activities Current year Cuffent year Unrestrlcted Funds 2022 Current year Restrfcted Funds Current year Total Funds Prioryear Total funds 2022 2022 2021 Prlmary purpose and anclllary trading Vending 454 454 Bank of Scotland cash machine Casual Lettings 5,422 5,422 36 Tenancy Lets Other Income 7,982 7,982 29 79 79 Total Primary purpose and anclllary trading 13,937 13.937 69 23
The Jenniburn Centre SCIO Detailed analysls of income and expenditure for the year ended 31 March 2022 as required by the SORP 2015 27 Total Income from charitable actlvltles Current year Unrestrlcted Funds Current year Current year Restrlcted Total Funds Funds Prior Year Current year Total Funds 2022 2022 2022 2021 Total income from charitable trading 13,937 13,937 69 Total from charltable activities A2 13,937 13,937 69 28 Other income and gains Current year Unrestrlcted Funds Current year Restrlcted Funds Current year Total Funds Prlor Year Total Funds Current year 2022 2022 2022 2021 Copier compensation Total other Income A5 29 Expenditure on charitable activities - Direct spending Current year Unrestricted Funds Current year Current year Prlor Year Restricted Total Funds Total Funds Funds Current Year 2022 2022 2022 2021 Gross wages and salaries - charitable activities Employers, Nl - Charitable activities Travel and Subsistence - Charitable Activities Vending machine rental Vending purchases Subscriptions 33,984 33,984 32,624 397 397 444 504 504 672 420 420 691 691 833 Total direct spending B2a 2,012 33,984 35,996 34,573 30 Expenditure on charitable activities - Charitable trading Current year Unrestricted Funds Current year Restrlcted Funds Current year Prior Year Total Funds Total Funds Current Year 2022 2022 2022 2021 Reallocated from support costs 51,253 7,540 58,793 28,139 Total charltable tradlng costs B2b 51,253 7,540 58,793 28,139 24
The Jenniburn Centre SCIO Detalled analysis of income and expenditure for the year ended 31 March 2022 as required by the SORP 2015 31 Support costs for charitable activities Current year Unrestrlcted Funds Current year Current year Prfor Year Restrlcted Total Funds Total Funds Funds Current Year 2022 2022 2022 2021 Employee costs not included in direct costs Defined contribution pension costs - other salaries Payroll fees and charges 953 953 931 Premises Expenses Rates and water charges Light heat and power Cleaning and waste management Premises repairs, renewals and maintenance 8,935 2,913 4,846 13,781 2,913 9,801 647 17,275 2,694 19,969 6,695 Admlnistrative overheads Telephone, fax and internet Postage, stationery and advertising Stationery and printing Courier Services Information and publications Subscriptions to periodicals Membership subscriptions Equipment expenses Hire of equipment Soare licences and expenses Insurance Sundry expenses 1,141 1,847 1,141 1,847 1,022 1,534 237 7,215 53 1,365 206 237 7,215 53 1,365 206 3,217 108 1,184 Flnanclal costs Depreciation & Amortisation in total for 7,133 7,133 3,000 Support costs before reallocation 51,253 7,540 58,793 28,139 Less support costs reallocated to specific activities To charitable trading costs (51,253) (7,540) (58,793) (28,139) Total support costs - Current Year The basis of allocation of costs between activities is descrlbed under accounting policies 32 Other Expenditure - Governance costs Current year Unrestricted Funds Current year Current year Restrlcted Total Funds Funds Prior Year Total Funds Current Year 2022 2022 2022 2021 Independent Examinerfs fees Wages and salaries Employers Nl 1,494 1,494 28.385 1,443 18,200 28,385 Total Governance costs 1,494 28,385 29,879 19,643 33 Total Charitable expenditure Current year Unrestricted Funds 2022 Current year Restrlcted Funds 2022 Current year Prior Year Total Funds Total Funds Current Year 2022 2021 Total direct spending Total charitable trading costs Total support costs B2a 2,012 51,253 33,984 35,996 58,793 34,573 28,139 B2b B2d 7,540 25
The Jennlburn Centre SCIO Detailed analysls of Income and expenditure for the year ended 31 March 2022 as required by the SORP 2015 Total Governance costs B2e 1,494 28,385 29,879 19,643 Total charitable expenditure B2 64,759 69,909 124,668 82,355 26