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2025-03-31-accounts

Charity registration number SC047933 (Scotland)

CITADEL YOUTH CENTRE SCIO

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

CITADEL YOUTH CENTRE SCIO

CONTENTS

Page
Trustees' report 1 - 4
Independent auditor's report 5 - 7
Statement of financial activities 8
Balance sheet 9
Statement of cash flows 10
Notes to the financial statements 11 - 31

CITADEL YOUTH CENTRE SCIO

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025

The Trustees present their annual report and financial statements for the year ended 31 March 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's governing document, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).

Objectives and activities

The Citadel Youth Centre continues to provide high quality universal and targeted services to support children, young people and their families in Leith and the wider area, responding directly to the expressed needs of the local community. We have a long history of working in partnership with local agencies including schools, social work, other youth and community agencies as well as local families and local businesses. It is important that we retain the balance between open access provision alongside more specialised services that allows Citadel to develop, maintain and sustain long-term relationships with local children, young people and families, ensuring they can access the right support in a friendly and welcoming environment. We endeavour to be responsive to the needs of those who use our service but also in reaching out to those who might benefit from what we deliver – this allows us to continue to evolve as an organisation.

Despite significant funding pressures within public sector budgets and increased competition for funding streams, the important work of Citadel is needed more than ever and we can be incredibly grateful to all those who believe in what we do by supporting our services. This support ensures that we don't compromise on the quality of services we deliver to children, young people and their families in Leith. This work is delivered by a committed and professionally qualified staff team who continue to go above and beyond to ensure that children and young people are supported, nurtured and empowered to achieve their potential. Overall governance rests with the Board of Trustees who continue to provide strong and strategic leadership to the Citadel. We remain incredibly grateful to all of our many funders and supporters who make it possible to do what we do - they truly are the Friends of Citadel and we continue to expand this approach to enable the local community and businesses to support our work. More information about our work over the past twelve months can be obtained on our website www.citadelyouthcentre.org.uk or by following our Facebook https://www.facebook.com/FriendsofCitadel/ @CitadelYCLeith pages where developments at the Citadel are regularly updated.

Financial review

The accounts show a deficit in the year of £2,118 (2024 - net deficit of £4,631) as detailed in the Statement of Financial Activities (SOFA) on page 8.

At 31 March 2025 the pension scheme was valued at £1,578,000 of net asset (2023/2024 net asset £1,305,000). In line with accounting standards this asset has not been recognised in the accounts. The pension scheme valuation can be subject to large movements from year to year as a result of actuarial calculations, changes in assumptions, and asset valuations and the trustees will monitor this on a continuing basis to assess the impact upon the financial position of the charity.

Although any valuation is only a "point in time", the level of the pension fund asset improved in the year from £1,305,000 to £1,578,000 of an asset. This clearly shows the volatility of the performance of the fund.

Reserves policy

Our reserves policy remains at 25% - 50% of our annual running costs, which this year is £184,991-369,982. This is higher than previous years and reflects the growth within our service delivery. Our current free reserves is £260,759.

CITADEL YOUTH CENTRE SCIO

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Structure, governance and management

Governing document

Citadel Youth Centre SCIO is a registered charity in Scotland (SC047933). This charity was established to replace Citadel Youth Centre (SC015293). Citadel Youth Centre (SC015293) has now wound up and passed its assets and liabilities to Citadel Youth Centre SCIO (SC047933) which is a Scottish Charitable Incorporated Organisation. The charity began trading as Citadel Youth Centre SCIO (SC047933) on 1 April 2018.

The charity is controlled by its governing document, a deed of trust, and constitutes a Scottish Charitable Incorporated Organisation.

Recruitment and appointment of new trustees

New members have the opportunity to meet with the Citadel Manager and, if they wish, the Chair of the Board to clarify the roles and responsibilities of the Board of Trustees. Initially, new members are encouraged to take part in a few full board meetings before volunteering for any of the management sub-groups.

Training is best described as 'on the job' though there are opportunities to access relevant training provided by external agencies. There is at least one joint staff and Board of Trustees session each year.

Organisational structure

The overall management of the charity is the responsibility of the Board of Trustees, which meets regularly for this purpose. Members are elected to the Board at the Annual General Meeting (AGM) and may also be co-opted at other times. Day-to-day management is delegated to staff under the supervision of the Citadel Manager.

Risk management

The Trustees continue to meet at least 6 times per year, ensuring effective strategic oversight and governance is in place for Citadel and that the organisation continues to meet its objectives of providing high quality services to children, young people and families in Leith. The Trustees ensure that risks are identified, reviewed and carefully managed, with emphasis on financial management. The key risk to Citadel remains financial stability and the complexity and competitiveness of the funding environment. To support this, our Finance Sub-Group meets regularly with representation from the Trustees and senior staff. This group provides the opportunity for detailed discussion and analysis of the key financial issues for the organisation and reports back to the full meetings of the Trustees.

In 2024/25, City of Edinburgh Council’s third party grant to the Citadel was reduced by 71% for the current and next two years which presents a massive challenge to the organisation. The financial impact of that decision will continue to be felt in the next financial year. A prudent reserve policy in recent years has mitigated this impact in the very short term but the challenge to maintain the current level of service to the community is very significant.

CITADEL YOUTH CENTRE SCIO

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number SC047933

Principal address

Citadel Youth Centre 175 Commercial Street Leith Edinburgh Lothian EH6 6JE

Auditors

Thomson Cooper Accountants Statutory Auditors 22 Stafford Street Edinburgh EH3 7BD

Bankers

Bank of Scotland plc 13 New Kirkgate Leith Edinburgh EH6 6AD

Trustees

Trustees who served during the year were:

Key Management Personnel:

CITADEL YOUTH CENTRE SCIO

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Statement of Trustees' responsibilities

The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in Scotland requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of resources of the Charity for that year.

In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the charity and financial information included on the Charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Auditor

In accordance with the company's articles, a resolution proposing that Thomson Cooper be reappointed as auditor of the company will be put at a General Meeting.

Disclosure of information to auditor

Each of the Trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.

The Trustees' report was approved by the Board of Trustees.

24 September 2025

CITADEL YOUTH CENTRE SCIO

INDEPENDENT AUDITOR'S REPORT

TO THE TRUSTEES OF CITADEL YOUTH CENTRE SCIO

Opinion

We have audited the financial statements of Citadel Youth Centre SCIO (the ‘Charity’) for the year ended 31 March 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The Trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities Accounts (Scotland) Regulations 2006 requires us to report to you if, in our opinion:

CITADEL YOUTH CENTRE SCIO

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF CITADEL YOUTH CENTRE SCIO

Responsibilities of Trustees

As explained more fully in the statement of Trustees' responsibilities, the Trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the Charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

We have been appointed as auditor under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Extent to which the audit was considered capable of detecting irregularities, including fraud

We considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud in the following areas: existence and timing of recognition of income, posting of unusual journals along with complex transactions and non-compliance with laws and regulations. We discussed these risks with management, designed audit procedures to test the timing and existence of revenue and tested a sample of journals to confirm they were appropriate. In addition, we reviewed areas of judgement for indicators of management bias to address these risks.

We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements from our sector experience through discussion with the officers and other management (as required by the auditing standards).

We reviewed the laws and regulations in areas that directly affect the financial statements including applicable charity and company law and considered the extent of compliance with those laws and regulations as part of our procedures on the related financial statement items.

With the exception of any known or possible non-compliance with relevant and significant laws and regulations, and as required by the auditing standards, our work in respect of these was limited to enquiry of the officers and management of the charity.

We communicated identified laws and regulations and potential fraud risks throughout our team and remained alert to any indications of non-compliance or fraud throughout the audit. However the primary responsibility for the prevention and detection of fraud rests with the trustees.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations.

These inherent limitations are particularly significant in the case of misstatement resulting from fraud as this may involve sophisticated schemes designed to avoid detection, including deliberate failure to record transactions, collusion or the provision of intentional misrepresentations.

CITADEL YOUTH CENTRE SCIO

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF CITADEL YOUTH CENTRE SCIO

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with Regulation 10 of the Charities Accounts (Scotland) Regulations 2006. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

for and on behalf of Thomson Cooper, Statutory Auditors Edinburgh

26 September 2025

Thomson Cooper is eligible for appointment as auditor of the Charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.

CITADEL YOUTH CENTRE SCIO

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted
funds
Restricted
funds
2025
2025
Notes
£
£
Income and endowments from:
Donations and legacies
2
45,220
37,711
Charitable activities
3
8,000
616,222
Other trading activities
4
10,361
-
Investments
5
64,242
-
Other income
6
16,963
127
Total income
144,786
654,060
Expenditure on:
Raising funds
7
2,230
-
Charitable activities
8
129,427
606,307
Other material
expenditure
2,000
-
Total expenditure
133,657
606,307
Net income
11,129
47,753
Transfers between
funds
-
-
Other recognised
gains and losses:
Actuarial losses on
defined benefit pension
schemes
(61,000)
-
Net movement in
funds
10
(49,871)
47,753
Reconciliation of funds:
Fund balances at 1 April 2024
310,630
161,459
Fund balances at 31 March
2025
260,759
209,212		 Total Unrestricted
funds
Restricted
funds
2025
2024
2024
£
£
£
82,931
55,045
220
624,222
-
637,607
10,361
7,720
-
64,242
50,000
-
17,090
-
-
798,846
112,765
637,827
2,230
4,850
1,195
735,734
56,583
642,595
2,000
(20,000)
-
739,964
41,433
643,790
58,882
71,332
(5,963)
-
(1,728)
1,728
(61,000)
(70,000)
-
(2,118)
(396)
(4,235)
472,089
311,026
165,694
469,971
310,630
161,459		 Total
2024
£
55,265
637,607
7,720
50,000
-
750,592
6,045
699,178
(20,000)
685,223
65,369
-
(70,000)
(4,631)
476,720
472,089

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

CITADEL YOUTH CENTRE SCIO

BALANCE SHEET

AS AT 31 MARCH 2025

2025
Notes
£
Fixed assets
Tangible assets
14
Current assets
Debtors
15
20,866
Cash at bank and in hand
586,370
607,236
Creditors: amounts falling due within
one year
16
(148,279)
Net current assets
Total assets less current liabilities
The funds of the Charity
Restricted income funds
19
Unrestricted funds		 £
11,014
458,957
469,971
209,212
260,759
469,971		 2024
£
43,895
490,704
534,599
(75,677)		 £
13,167
458,922
472,089
161,459
310,630
472,089

The financial statements were approved by the Trustees on 24 September 2025

CITADEL YOUTH CENTRE SCIO

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025

Notes
Cash flows from operating activities
Cash generated from operations
24
Investing activities
Purchase of tangible fixed assets
Investment income received
Net cash used in investing activities
Net cash used in financing activities
Net increase/(decrease) in cash and cash
equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2025
£
(1,578)
1,242		 £
96,002
(336)
-
95,666
490,704
586,370		 2024
£
(10,721)
-		 £
6,607
(10,721)
-
(4,114)
494,818
490,704

CITADEL YOUTH CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

Charity information

Citadel Youth Centre SCIO is a Scottish Charitable Incorporated Organisation. The registered office is 175 Commercial Street, Leith, Edinburgh, EH6 6JE.

1.1 Accounting convention

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention.

Citadel Youth Centre (SC015293) began trading as Citadel Youth Centre SCIO (SC047933) on 1 April 2018. At that date all assets and liabilities were transferee from Citadel Youth Centre (SC015293) to Citadel Youth Centre SCIO (SC047933).

1.2 Pension asset & Going concern basis

A pension asset of £1,578,000 (2024 : £1,305,000) has been calculated in accordance with provisions of FRS 102, as advised by the scheme actuaries. However, this asset has not been recognised. This is a measure of the net liabilities accrued to date, reflecting obligations in the long-term, and is based on particular assumptions and market values at the balance sheet date, which fluctuate from year to year.

Further details of the scheme and assumptions, as required by FRS 102, are shown in note 18.

At the time of approving the financial statements, the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for a period not less than 12 months. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Income from annual or periodic grants is recognised in the period to which the grant relates. Any grant income received in advance is included as deferred income within creditors. Income from other grants and donations is recognised on receipt, provided any conditions for use of the funds have been fulfilled.

Where a grant or donation is received for a specific purpose, it is included within restricted income and any unexpended portion carried forward as a restricted fund.

Income from donations and fund-raising is recognised on receipt - in the case of fund-raising once the charity has control of the funds. Gift aid is recognised once a claim has been made.

Other income from activities is recognised on receipt or once an invoice has been issued where this is relevant.

1.4 Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

CITADEL YOUTH CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

1.5 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Expenditure of more than £250 on motor vehicles, equipment and fixtures and fixtures and fittings is capitalised in the balance sheet and depreciated.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Improvements to property 10% on cost Project Equipment 25% on cost Office Equipment 25% on cost Motor vehicles 25% on Reducing Balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.6 Taxation

The charity is exempt from tax on its charitable activities.

1.7 Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

1.8 Pension costs and other post-retirement benefits

Qualifying staff are members of the Lothian Pension Fund, a multi-employer defined benefit scheme. Deficits under the scheme are recognised in the financial statements based on the company's share of the scheme assets and liabilities, as reported by the scheme actuary. The scheme assets are valued at market value. The company’s share of a scheme deficit is recognised in full on the balance sheet and its share of a surplus is recognised to the extent that the surplus can be recovered.

2 Income from donations and legacies

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2025 2025 2025 2024 2024 2024
£ £ £ £ £ £
Donations and gifts 45,220 37,711 82,931 55,045 220 55,265

CITADEL YOUTH CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

3 Charitable activities

Performance related grants
Analysis by fund
Unrestricted funds
Restricted funds
CEC - Community Based Youthwork
16+ Friday
National Lottery Community Fund
CEC - Families Project Grant
RS MacDonald
The Henry Smith Charity
CEC- Edin Family Support P'ship
CCP - NEST Futureheads
CCP - NOLB Activitity Agreement Hub and Boost
CEC - Citadel Connect
CCP 15+ Family Progression
NOLB Parental Tranistion Fund
Cattanach
Volant Young Mums
Leith Benevolent Association
Ponton Trust
Trinity Academy
Pupil Equity Fund - Drummond
Trinity Wellbeing
Pupil Equity Fund - Trinity
Pupil Equity Fund - Victoria
Pupil Equity Fund - Leith
IG Cafe
Youth Spark - Young Start
New Spin - One City Trust
Hack your Age
Dear Green Place - UoE
Community Mental Health
NHS
U12s MH&W - CEC
Other grants
Summer Programme
Christmas Programme
Carried forward		 Total
2025
£
624,222
8,000
616,222
624,222
50,000
4,900
50,808
-
10,545
74,000
54,066
55,616
43,000
-
50,000
1,339
-
7,050
2,500
1,500
20,000
21,700
39,488
10,000
10,000
20,000
3,175
29,820
-
3,830
4,300
28,280
1,300
5,000
330
1,900
1,025
605,472		 Total
2024
£
637,607
-
637,607
637,607
100,000
54,941
60,771
10,336
49,800
-
50,560
40,000
14,635
50,000
-
15,705
-
-
-
19,400
15,820
42,488
10,000
10,000
18,000
3,250
28,806
7,000
-
-
28,000
750
-
405
1,350
1,100
633,117

CITADEL YOUTH CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

3 Charitable activities

Charitable activities
Brought forward
Crisis Grants
J&B Fest - Tea Dance
Link Living Community Fund
Bonfire Small Grant - LAYC
Into Film
Leith Late		 (Continued)
Total
Total
2025
£
2024
£
605,472
633,117
8,250
3,540
-
950
1,000
-
500
-
1,000
-
8,000
-
624,222
637,607		 (Continued)
Total
Total
2025
£
2024
£
605,472
633,117
8,250
3,540
-
950
1,000
-
500
-
1,000
-
8,000
-
624,222
637,607
637,607

4 Income from other trading activities

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Membership subscriptions and sponsorships 10,361 7,720
5 Income from investments
Unrestricted Unrestricted
funds funds
2025 2024
£ £
Interest receivable 1,242 -
Net interest on defined benefit pension scheme 63,000 50,000
64,242 50,000

CITADEL YOUTH CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

6 Other income

Unrestricted
funds
2025
Restricted
funds
2025
£
£
Miscellaneous Income
-
127
Insurance Claim Payment
16,963
-
16,963
127		 Total
2025
Unrestricted
funds
2024
Restricted
funds
2024
£
£
£
127
-
-
16,963
-
-
17,090
-
-		 Total
2024
£
-
-
-

7 Raising funds

Unrestricted
funds
2025
Unrestricted
funds
2024
Restricted
funds
2024
£
£
£
Fundraising and publicity
Advertising
-
342
1,195
Other fundraising costs
2,230
4,508
-
2,230
4,850
1,195		 Total
2024
£
1,537
4,508
6,045

CITADEL YOUTH CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

8 Expenditure on charitable activities

Direct costs
Staff costs
Depreciation and impairment
Office supplies and printing
Rent & Rates
Insurance
Light and Heat
Telephone
Costs of Activities & Projects
Training & Conferences
Mini bus costs, Travelling and Subsistence
Personnel fees and Servies
Repairs and Renewals
Design & PR
Sundries
Share of support and governance costs (see note 9)
Support
Governance
Analysis by fund
Unrestricted funds
Restricted funds		 Total
2025
£
582,027
3,731
12,760
2,583
2,701
13,516
3,586
32,947
1,158
5,257
3,831
24,340
5,400
24,015
717,852
3,947
13,935
735,734
129,427
606,307
735,734		 Total
2024
£
576,070
6,365
13,079
2,511
2,603
11,986
3,200
27,487
2,536
5,530
4,785
3,916
-
21,626
681,694
2,416
15,068
699,178
56,583
642,595
699,178

9 Support costs

Support Governance
costs
£
costs
£
AGM/Committee Costs
3,947
-
Audit fees
-
7,262
Legal and professional
-
6,673
3,947
13,935		 2025
Support Governance
£
costs
£
costs
£
3,947
2,416
-
7,262
-
8,198
6,673
-
6,870
17,882
2,416
15,068		 2024
£
2,416
8,198
6,870
17,484

Support costs and governance costs have been allocated on a direct basis.

Governance costs includes payments to the auditors of £7,262 (2024 - £8,198) for audit fees.

CITADEL YOUTH CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

10 Net movement in funds 2025 2024
£ £
The net movement in funds is stated after charging/(crediting):
Fees payable for the audit of the charity's financial statements 7,262 8,198
Depreciation of owned tangible fixed assets 3,731 6,365

11 Trustees

None of the Trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year.

CITADEL YOUTH CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

12 Employees

The average monthly number of employees during the year was:

The average monthly number of employees during the year was:
Employment costs
Wages and salaries
Social security costs
Other pension costs		 2025
Number
15
2025
£
466,186
40,893
74,948
582,027		 2024
Number
16
2024
£
440,497
38,554
97,019
576,070

The remuneration of key management personnel of the charity comprise of the Manager and Depute Manager. The total amount of employee benefits received by key management personnel is £131,918. (2024 - £135,419).

The number of employees whose annual remuneration was more than £60,000 is as follows:

2025 2024
Number Number
£60,001 to £70,000 1 1

CITADEL YOUTH CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

13 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

14 Tangible fixed assets

Leasehold
Improvements
Project
Equipment
Office
Equipment
£
£
£
Cost
At 1 April 2024
36,749
30,626
13,485
Additions
-
900
678
At 31 March 2025
36,749
31,526
14,163
Depreciation and impairment
At 1 April 2024
28,127
27,644
12,074
Depreciation charged in the year
971
1,847
875
At 31 March 2025
29,098
29,491
12,949
Carrying amount
At 31 March 2025
7,651
2,035
1,214
At 31 March 2024
8,622
2,982
1,411
Debtors
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
Creditors: amounts falling due within one year
Notes
Other taxation and social security
Deferred income
17
Trade creditors
Other creditors
Accruals

15 Debtors

16 Creditors: amounts falling due within one year

CITADEL YOUTH CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

17
Deferred income
Other deferred income
Lottery Families
Henry Smith
NOLB Transition Fund
Games Club Leith Benevolevent Fund
Leith Chooses
St James' Place
Deferred income is included in the financial statements as follows:
Deferred income is included within:
Current liabilities
Movements in the year:
Deferred income at 1 April 2024
Released from previous periods

Resources deferred in the year
Deferred income at 31 March 2025		 2025
£
89,600
89,600
54,000
27,000
-
-
3,600
5,000
89,600
2025
£
89,600
34,739
(34,739)
89,600
89,600		 2024
£
34,739
34,739
-
26,000
1,339
2,500
4,900
-
34,739
2024
£
34,739
6,120
(6,120)
34,739
34,739

18 Retirement benefit schemes

Defined benefit schemes

The Citadel Youth Centre participates in the Lothian Pension Fund (LPF), a multi-employer defined benefit scheme which provides benefits based on final pensionable salary. A separate actuarial valuation has been obtained from the fund's actuary, which identifies the separate share of assets and liabilities of the scheme which relate to the Centre.

Contributions are determined by the fund's qualified actuary on the basis of triennial valuations using the projected unit method. The most recent triennial valuation was as at 31 March 2025, carried out by Hymans Robertson, independent actuaries, and this has been updated to reflect conditions at the balance sheet date, 31 March 2025.

The main assumptions used by the actuary in the valuation are shown below:

CITADEL YOUTH CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

18 Retirement benefit schemes (Continued)
Key assumptions
2025 2024
% %
Discount rate 5.8 4.85
Expected rate of increase of pensions in payment 2.75 2.75
Expected rate of salary increases 3.45 3.25

Mortality assumptions

At the date of the most recent valuation, the duration of the Employer's funded liabilities is 23 years

Mortality

Life expectancy is based on the Funds VitaCurves with improvements in line with the CMI 2023 model, with an allowance for smoothing of recent mortality experience and long term rate of 0.25% pa. Based on these assumptions, the average future life expectancies at age 65 are summarised below:

2025
Years
Retiring today
- Males
21.7
- Females
22.4
Retiring in 20 years
- Males
21.9
- Females
24.7		 2024
Years
21.8
22.5
22
24.8

*Figures assume members aged 45 as at the last formal valuation date.

Historic Mortality

Life expectancies for the prior period end are based on the Fund's VitaCurves with allowance for future improvements as shown below:

Prospective Pensioners

CMI 2022 model assuming an allowance for smoothing of recent mortality experience and long term rate of 1.5% p.a.

Pensioners

CMI 2022 model assuming an allowance for smoothing of recent mortality experience and long term rate of 1.5% p.a.

Commutation

An allowance is included for future retirements to elect to take 70% of the maximum additional tax-free cash up to HMRC limits.

CITADEL YOUTH CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

18 Retirement benefit schemes

Retirement benefit schemes
Current service cost
Net interest on defined benefit liability/(asset)
Total costs
Actual return on scheme assets
Less: calculated interest element
Return on scheme assets excluding interest income
Actuarial changes related to obligations
Other gains and losses
Effects of changes in the amount of surplus that is not recoverable
Total costs
Present value of defined benefit obligations
Fair value of plan assets

Surplus in scheme

Restriction on scheme assets
Total liability recognised		 (Continued)
2025
£
2024
£
77,000
73,000
(63,000)
(50,000)
14,000
23,000
2025
£
2024
£
40,000
(281,000)
160,000
142,000
200,000
(139,000)
(412,000)
(105,000)
-
60,000
1,578,000
254,000
1,366,000
70,000
2025
£
2024
£
1,731,000
1,960,000
(3,309,000)
(3,265,000)
(1,578,000)
(1,305,000)
1,578,000
1,305,000
-
-

CITADEL YOUTH CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

18 Retirement benefit schemes

Retirement benefit schemes
Liabilities at 1 April 2024
Current service cost
Benefits paid
Contributions from scheme members
Actuarial gains and losses
Interest cost
At 31 March 2025
The defined benefit obligations arise from plans funded as follows:
Wholly unfunded obligations
Wholly or partly funded obligations
Movements in the fair value of plan assets:
Fair value of assets at 1 April 2024
Interest income
Return on plan assets (excluding amounts included in net interest)
Benefits paid
Contributions by the employer
Contributions by scheme members
At 31 March 2025
The fair value of plan assets at the reporting period end was as follows:
Equity instruments
Debt instruments
Property
Cash		 (Continued)
2025
£
1,960,000
77,000
(14,000)
23,000
(412,000)
97,000
1,731,000
2025
£
-
1,731,000
1,731,000
2025
£
3,265,000
160,000
(200,000)
(14,000)
75,000
23,000
3,309,000
2025
2024
£
£
2,283,210
2,350,800
661,800
555,050
297,810
261,200
66,180
97,950
3,309,000
3,265,000

CITADEL YOUTH CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

19 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

Balance at
1 April 2024
£
CEC - Community Based Youthwork
-
Junior Club
-
Intermediate Club
-
Senior Club
-
16+ Friday
-
National Lottery Community Fund
4,087
CEC - Families Project Grant
1,397
RS MacDonald
2,351
Families - Henry Smith
1,694
CEC - Edinburgh Family Support
Partnership
-
CCP - NEST Futureheads
6,429
CCP - NOLB Activity Agreement Hub
7,276
NOLB Parental Transition Fund
-
Citadel Connect - CEC
17,343
CCP 15+ Family Progression
26,321
Citadel Connect 2025 - SJP, Barfil,
Gannochy
-
Young mums group - Cattanach
4,727
Volant - Young Mums & Children 2024-27
-
Games Club - Leith Benevolent
Association/Ponton Trust
-
Trinity Academy
8,256
PEF Drummond
3,535
Trinity Wellbeing
16,691
PEF Primary - Trinity
12,514
PEF Primary - Victoria
10,994
PEF Primary - Leith
14,490
IG Cafe
777
Youth Spark - Young Start
349
New Spin - One City Trust
3,427
Hack Your Age - Civic Digits
-
Dear Green Place - UoE
YP MH&W - Henry Smith
-
Community Mental Health
7,634
NHS Thrive - Wellbeing Festival Pending
-
Unboxed Club
-
U12's MH&W
-
Summer Programme
4,510
CEC HAF
-
Residential - Junior Club
576
Residentials
2,300
Sparky's Fund
1,948
Christmas Programme
-
Carried forward
159,626		 Movement in funds
Incoming
Resources
Transfers
Balance at
resources
expended
31 March 2025
£
£
£
£
50,000
(47,191)
(2,809)
-
-
(900)
900
-
-
(1,034)
1,034
-
-
(875)
875
-
4,900
(4,900)
-
-
50,808
(53,319)
-
1,576
-
(1,397)
-
-
10,545
(10,467)
-
2,429
53,000
(51,857)
-
2,837
54,066
(33,174)
-
20,892
55,616
(54,783)
-
7,262
43,000
(42,017)
-
8,259
1,339
(483)
-
856
-
(17,343)
-
-
50,000
(48,394)
-
27,927
5,000
-
-
5,000
-
(4,727)
-
-
7,050
(5,120)
-
1,930
4,000
(1,819)
-
2,181
20,000
(18,134)
-
10,122
21,700
(18,327)
-
6,908
39,488
(42,323)
-
13,856
10,000
(11,616)
-
10,898
10,000
(10,499)
-
10,495
20,000
(20,484)
-
14,006
3,175
(1,785)
-
2,167
29,948
(28,603)
-
1,694
-
(3,427)
-
-
3,830
(3,830)
-
-
4,300
(2,334)
-
1,966
21,000
(21,000)
-
-
28,280
(22,741)
(800)
12,373
1,300
(1,300)
-
-
-
(800)
800
-
5,000
(5,000)
-
-
1,900
(3,254)
-
3,156
330
(330)
-
-
-
-
-
576
-
-
-
2,300
160
-
-
2,108
1,575
(1,034)
-
541
611,310
(596,621)
-
174,315

CITADEL YOUTH CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

19 Restricted funds

(Continued)

Balance at
1 April 2024

£
Brought forward
159,626
Crisis Grants
1,421
STV Children's Appeal - Winter Support
412
Link Living Community Fund
-
Bonfire Small Grant - LAYC
-
Into Film
-
Minibus Purchase
-
161,459		 Movement in funds
Incoming
resources
Resources
expended
£
£
611,310
(596,621)
8,250
(8,212)
-
(412)
1,000
(443)
500
(500)
1,000
(119)
32,000
-
654,060
(606,307)		 Transfers
Balance at
31 March 2025
£
£
-
174,315
-
1,459
-
-
-
557
-
-
-
881
-
32,000
-
209,212

CITADEL YOUTH CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

19 Restricted funds

(Continued)

Year Ended 31 March 2024 Movement in funds Movement in funds
Balance at Incoming Resources Transfers Balance at
1 April 2023 resources expended 31 March
2024
£ £ £ £ £
CEC - Community Based Youthwork - 100,220 (103,429) 3,209 -
16+ Friday - - (117) 117 -
National Lottery Community Fund 2,836 54,941 (53,690) - 4,087
CEC - Families Project Grant 49 60,771 (59,423) - 1,397
RS MacDonald 1,677 10,336 (9,662) - 2,351
Families - Henry Smith 7,432 29,800 (35,538) - 1,694
CCP - NEST Futureheads 2,033 50,560 (45,360) (804) 6,429
CCP - NOLB Activity Agreement Hub 5,982 40,000 (37,902) (804) 7,276
CCP - NOLB Boost 6,883 - (6,883) - -
Ukrainian Support Worker - CCP, YPG 2,529 - (2,529) - -
Citadel Connect - Gannochy 10,491 - (10,491) - -
Citadel Connect - CEC 19,843 14,635 (17,135) - 17,343
Girls Work - KPE4 Charitable Trust 6,917 - (6,917) - -
Girls Work - Robertson Trust 7,447 - (7,447) - -
CCP 15+ Family Progression - 50,000 (23,679) - 26,321
Young mums group - Cattanach 3,097 15,705 (14,075) - 4,727
Games Club - LP/LCF 3,110 - (3,348) 238 -
Trinity Academy 8,763 19,400 (19,907) - 8,256
PEF Drummond 3,633 15,820 (15,918) - 3,535
Trinity Wellbeing - 42,488 (28,840) 3,043 16,691
PEF Primary - Trinity 11,643 10,000 (9,129) - 12,514
PEF Primary - Victoria 10,185 10,000 (9,191) - 10,994
PEF Primary - Leith 14,883 18,000 (18,393) - 14,490
Pilmeny Development Project 2,446 3,250 (4,919) - 777
Youth Spark - Young Start - 28,806 (28,457) - 349
New Spin - One City Trust - 7,000 (3,573) - 3,427
YP MH&W - Henry Smith 1,607 20,000 (21,607) - -
Community Mental Health 11,157 28,000 (31,523) - 7,634
NHS Thrive - Wellbeing Festival Pending - 750 (750) - -
Summer Programme 5,388 1,350 (2,228) - 4,510
CEC HAF 215 405 (620) - -
Residential - Junior Club 576 - - - 576
Residentials 2,300 - - - 2,300
Sparky's Fund 1,948 - - - 1,948
Christmas Programme 142 1,100 (1,981) 739 -
Crisis Grants 1,507 3,540 (3,626) - 1,421
STV Children's Appeal - Winter Support 629 - (217) - 412
FP/LCF (Forth Ports/Leith Community
Fund) 1,000 - (1,000) - -
STV - Cost of Living 2023 3,000 - (3,050) 50 -
J&B Fest - Tea Dance - 950 (1,236) 286 -
Capital grants 4,346 - - (4,346) -
165,694 637,827 (643,790) 1,728 161,459

CITADEL YOUTH CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

19 Restricted funds

(Continued)

In the completion of the accounts it became apparent that some funding in the prior year had been incorrectly allocated, along with £200 being recorded as unrestricted income instead of restricted. This has now been rectified and amounts allocated to the correct fund. There was no change to the total reserves figure.

CEC - Community Based Youthwork - Open access youth club programme for children aged 6 to 18

16+ Friday - To support a Friday evening club for 16+ youths

National Lottery Community Fund - Whole family support for children aged 5 to 12 and their parents/carers

CEC - Families Project Grant - Whole family support for children aged 5 to 12 and their parents/carers

RS Macdonald - Junior Support Group for children aged 5 to 7

Families – Henry Smith - Whole family support for children aged 5 to 12 and their parents/carers

CEC - Edinburgh Family Support Partnership - Whole Family Wellbeing Support for families at risk

CCP - NEST Futureheads - Stage 2 Employability service for young people aged 16 to 19

CCP - NOLB Activity Agreement Hub - Stage 1 employability service for young people aged 16 to 19

CCP - NOLB Boost - additional mental health and wellbeing support for young people aged 16 to 19 on activity agreements

CCP NOLB Transition Fund - Individual Grant for Training & Driving Lessons

Ukrainian Support Worker - To support Ukrainian refugees living in the area

Citadel Connect - Training and support for young volunteers aged 15 to 19

Girls Work – KPE4 & Girls Work - Robertson - Single gender group work and individual support for young women aged 11 to 14

CCP 15+ Family Progression - Employability support for young parents

Citadel Connect 2025 - SJP, Barfil, Gannochy

Young Mums Group - Cattanach - Support group for young mothers (under 25) and their babies

Volant - Young Mums & Children 2024-27 - Support for Young Mums & Children

Games Club - LP/LCF - open youth club for young people aged 12 to 18 with an interest in gaming

Trinity Connect - School based youth work service at Trinity Academy

PEF Primaries - School based family support service at Leith PS, Victoria PS and Trinity PS

PEF Secondaries - School based youth work service at Drummond CHS

Trinity Wellbeing - School based support service within the Trinity Cluster of schools

Pilmeny Development Project - New Spin Intergenerational Cafe

Youth Spark - Young Start - Creative issue based youth participation project

New Spin - One City Trust - New Spin Intergenerational Cafe

CITADEL YOUTH CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

19 Restricted funds

(Continued)

Hack Your Age - Civic Digits - Intergenerational creative project exploring the future of technology

Dear Green Place - UoE - Exploring use of green space in Leith by young people

Henry Smith - Young People's Mental Health and Wellbeing - Group and 1:1 support for young people aged 11 to 19 and their parents/carers

Community Mental Health - non-clinical 1:1, group and family support for young people with low levels of mental health and wellbeing

NHS Thrive - Holiday activities for children, young people and families

Unboxed Club -

CEC Community Mental Health Fund - U12s Inclusion, April - September 2024

Summer Programme - holiday trips and activities for children, young people and families

CEC HAF - holiday playscheme for children aged 5 to 10 years

Residential - Junior Club - overnight trip for children aged 6 to 10

Residentials - residential trips for young people aged 10 to19

Sparky's Fund - this funds an award to a young person made at the AGM

Christmas Programme - festive activities for children, young people and families

Crisis Grants - Grants for families to food, clothes, fuel and other essential items

STV Winter Support Fund - financial help for families experiencing fuel poverty

Link Living Community Fund - Individual Grant & Intergenerational Event Grant

Bonfire Small Grant - LAYC - Bonfire Night Residential

Into Film - Film Making Project

Minibus - New Minibus Purchase

Forth Ports/Leith Community Fund - To fund Games Club for a year

STV Cost of Living 2023 - To directly assist families facing financial hardship

Jazz & Blues Festival Tea Dance - To promote and host a community event Capital Grants - Grants received to purchase fixed assets.

CITADEL YOUTH CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

20 Unrestricted funds

These are unrestricted funds which are material to the Charity's activities.

Balance at
1 April 2024
r
£
General fund
252,437
Fixed Asset Fund
13,167
Forward Planning
45,026
Pension Deficit Fund
-
310,630
Balance at
1 April 2023
r
£
General fund
261,535
Fixed Asset Fund
4,465
Forward Planning
45,026
Pension Deficit Fund
-
311,026		 Movement in funds
Incoming
Resources
Transfers
Gains and
Balance at
esources
expended
losses 31 March 2025
£
£
£
£
£
81,786
(127,926)
(1,578)
-
204,719
-
(3,731)
1,578
-
11,014
-
-
-
-
45,026
63,000
(2,000)
-
(61,000)
-
144,786
(133,657)
-
(61,000)
260,759
Incoming
Resources
Transfers
Gains and
Balance at
esources
expended
losses 31 March 2024
£
£
£
£
£
62,765
(55,068)
(16,795)
-
252,437
-
(6,365)
15,067
-
13,167
-
-
-
-
45,026
50,000
20,000
-
(70,000)
-
112,765
(41,433)
(1,728)
(70,000)
310,630

CITADEL YOUTH CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

21 Analysis of net assets between funds

For the Year Ended 31 March 2025

Unrestricted
funds
Restricted
funds
Fund balances at 31 March 2025 are represented by:
2025
2025
£
£
Tangible assets
11,014
-
Current assets/(liabilities)
249,745
209,212
260,759
209,212
For the Year Ended 31 March 2024
Unrestricted
funds
Restricted
funds
Fund balances at 31 March 2024 are represented by:
2024
2024
£
£
Tangible assets
13,167
-
Current assets/(liabilities)
297,463
161,459
310,630
161,459		 Total
2025
£
11,014
458,957
469,971
Total
2024
£
13,167
458,922
472,089

22 Related party transactions

During the year the Charity entered into the following transactions with related parties:

Cleaning services were provided by a company in which

Cleaning services were provided by a company in which is a director £11,618 (2024 - £9,574). Reimbursement of expenditure was provided to of £nil (2024 - £47), £nil (2024 - £8) and £nil (2024 - £50).

Building Repairs of £19,516 to Aspire Trade Services Ltd, of which is a director, and a balance of £9,516 is still to be paid at the date of signing.

23 Analysis of changes in net funds

The Charity had no material debt during the year.

CITADEL YOUTH CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

24 Cash generated from operations 2025 2024
£ £
Deficit for the year 58,882 65,369
Adjustments for:
Investment income recognised in statement of financial activities (1,242) -
Depreciation and impairment of tangible fixed assets 3,731 6,365
Difference between pension charge and cash contributions (61,000) (70,000)
Movements in working capital:
Decrease/(increase) in debtors 23,029 (27,579)
Increase in creditors 17,741 3,833
Increase in deferred income 54,861 28,619
Cash generated from operations 96,002 6,607