**Charity Number** **SC048071** ## **Glasgow Tool Library** ## **Report and Financial Statements** ## **For the Year Ended 31 March 2025** Page 1 of 15 ## **Glasgow Tool Library Report and Accounts for the Year Ended 31 March 2025** ## **Contents** ||**Page**| |---|---| |**Reference and Administration Details**|3| |**Trustees' Annual Report**|4 - 8| |**Independent Examiner's Report**|9| |**Receipts and Payments Account**|10| |**Statement of Balances**|11| |**Notes to the Accounts**|12 - 15| Page 2 of 15 ## **Glasgow Tool Library Report and Accounts for the Year Ended 31 March 2025** ## **Reference and Administration Details** **Charity Name** Glasgow Tool Library **Charity Number SC048071 Principal Address** 818 Garscube Road Glasgow G20 7ET **Trustees** ## **Bankers** ## **Independent Examiner** **Co-operative Business Bank** PO Box 250 Skelmersdale WN8 6WT **Bee & Co** 27 Old Gloucester Street LONDON WC1N 3AX **Accountants KS Active Consulting Ltd** 71-75 Shelton Street London WC2H 9JQ Page 3 of 15 ## **Glasgow Tool Library Report and Accounts for the Year Ended 31 March 2025** ## **Trustees' Annual Report** The trustees present their report and Accounts for the Year Ended 31 March 2025 ## **Structure, Governance and Management** ## **Governing Document** GTL is a SCIO whose constitution is based upon a model provided The Edinburgh Voluntary Organisations Council. It has a single tier structure and as such the trustees are the members of the charity. ## **Trustee Recruitment and Appointment** Trustees are elected at regular board meetings. There must be a minimum of four and a maximum of nine trustees. Staff may sit on the board as long as they are a minority of the board. Currently no staff sit on the board ## **Objectives and Activities** ## **Charitable Purposes** The charitable purposes of the organisation are: - to advance citizenship or community development - to advance education - to advance environmental protection or improvement ## **Summary of the main activities in relation to these objects** Glasgow Tool Library (GTL) is a community-led equipment library working to build a more sustainable, equitable, and resilient city. Our **mission** is to provide access to tools, equipment, skills, and community support that promote wellbeing, sustainable behavior change, employability and social inclusion. Our **vision** is to transition Glasgow from a buy–use–dispose economy to a net-zero, green, circular economy that prioritises sharing,repairing, and community empowerment. ## **The more we share, the more we have** ## **Services:** **Tool & Equipment Library** – A circular economy service where donated items are made available through an affordable, non-means-tested membership. With over 1,000 items, we offer power tools, gardening equipment, and a growing range of hobby, outdoor, and audiovisual equipment **Volunteer Programme** – Currently engaging up to 50 volunteers, this program supports library operations while helping individuals build skills, improve confidence, connect with others, enhance mental wellbeing, find pathways into work or integrate into the local community **Education & Training** – Practical workshops teach DIY skills, tool knowledge, repair techniques, and sustainability, fostering climate awareness and self-sufficiency Page 4 of 15 ## **Glasgow Tool Library** ## **Report and Accounts for the Year Ended 31 March 2025** ## **Trustees' Annual Report (continuted)** ## **Objectives:** ## **1. Tackling poverty & inequality** Providing affordable access to equipment for home maintenance, creativity, wellbeing and employment ## **2. Encouraging responsible consumption** Promoting sharing and repairing as alternatives to buying new ## **3. Building strong communities** Supporting cooperative governance, community ownership, volunteering, and active citizenship to build healthy, happy and resilient communities ## **4. Developing skills and employability** Helping people improve confidence, gain green skills, and access pathways into work as part of a just transition. ## **Achievements and Performance** Glasgow Tool Library has gone from strength to strength over the last year. We have continued to expand our library inventory,increase our Membership and hires, strengthen our volunteer programme and deliver community development work in our local community and across Glasgow. Through our activity we continue to make Glasgow a healthier, happier, greener and fairer city. Below is a summary of key achievements and data from 2024/25. ## _**Library**_ Our Library saw a 24% increase in Memberships and a 34% increase in loans, showing substantial increase in library activity. Due to the increase in service use and a restructuring of our Membership prices and hire fees, this resulted in a 63% increase in trading income. This means we secured 50% of running costs through self-generated income, up from 31% the previous year. ## _**Key Data**_ New Members - 589 Membership Renewals - 210 Loans - 4,004 Total items loaned - 744 Items added to inventory - 234 Total users - 551 ## _**Impact**_ Money Saved - £200,200 - £363 saved on average per Member Carbon Saved - 24 tons of carbon - equivalent to 43 household annual electricity use ## _**Extended Opening Hours**_ Feedback from our Members highlighted one of main issues with our service was convenience due to opening hours. Due to the increase in service use and income, in January we were able to extend our opening from 6 hours across 2 days, to 23 hours across 3 days, making it easier for people to collect and return items. - Wed - 12-7 - Thurs - 10-6 - Fri 10-6 Page 5 of 15 ## **Glasgow Tool Library Report and Accounts for the Year Ended 31 March 2025** ## **Trustees' Annual Report (continuted)** ## **Achievements and Performance (continuted)** ## **Delivery Service** Our active travel delivery service was used as the Glasgow Case Study for Sustrans National Cycling Index. They created a great video and blog showcasing our delivery service, its benefits and the challenges of using active travel for business deliveries in Glasgow. From June 2024 to March 2025 we launched a partnership with Fuse Youth Cafe in Shettleston, as part of their Sharing Shettleston Project. We went weekly to their premises in Fuse, expanding access to our service, helping people access equipment, save money and live more sustainably. ## **Volunteer Programme** Over the past 12 months we have continued to strengthen our volunteer programme, growing the volunteer community up to 50 people across our Library Team, Maintenance Team, and Marketing Team. Our volunteer programme provides opportunities for people to learn new skills, improve their mental health, confidence and employability, make new social connections, or get involved in a local organisation and give something back to their community. In May we held our Volunteer Assembly and summer barbeque at Civic House, which brought together volunteers, trustees and staff to discuss challenges and opportunities across our volunteer programme and library. We focussed on issues such as broadening our Membership and improvising diversity in our volunteers, how to improve communication, systems and processes. From this Volunteer Assembly and our annual Volunteer Survey, we developed our first Volunteer Action Plan, bringing together a range of insights to guide developments, making sure our actions align with the priorities of our volunteer community. We delivered four volunteer training events - Intro to Power Tools, Intro to Electrical Diagnosis, Intro to Woodwork, (with Boomerang Woodworking) and Intro to Workshop Machinery (in partnership with Draucht Ltd, at Grey Wolf Studios). Feedback from our **Volunteer Survey** highlights our impact in achieving these social aims: - 75% felt their mental health increased - 85% felt their skills increased - 94% created connections outside of their social circle - 100% increased their sense of community and belonging Page 6 of 15 ## **Glasgow Tool Library Report and Accounts for the Year Ended 31 March 2025** ## **Trustees' Annual Report (continuted)** ## **Community Development** We delivered two Community Build projects over the past year, with Possobilities, a disability charity based in Possil, and Make it Glasgow, a community arts and heritage project based in Stockfield Bridge. With Possobilities we built disabled access picnic benches and raised beds, so that their service users can access the outdoor spaces. The project was featured in the Glasgow Times. "It was great to see the spirit of people coming together to help our charity: Glasgow Tool Library’s work means a huge amount to us and all our members, we can’t thank them enough. "With the new adaptive furniture, there is now more versatility for our members to enjoy meals together and take part in different outdoor games. This will help encourage more people to get involved in activities or just enjoy the atmosphere.” With Make it Glasgow we renovated an old portakabin into a new community art and exhibition space, installing new shelves and a new sink. This event and our wider community development work were recognised in a Scottish parliament motion by MSP Pam Duncan-Glancy. ## **Brief statement of the charity’s policy on reserves** It is the charity’s policy to hold one month of operating costs in unrestricted cash reserves. The organisation is committed to being able to wind up responsibly and believes this will be sufficiently funded by the sale of tools held in such an event. Therefore, the cash reserves can be lower than the estimated cost Page 7 of 15 ## **Glasgow Tool Library Report and Accounts for the Year Ended 31 March 2025** ## **Trustees' Annual Report (continuted)** ## **Financial Review** ## _**Results**_ The charity generated a net surplus of £9,788 for the year ended 31 March 2025 (2024: surplus of £2,063.00). At 31 March 2025 reserves stood at £31,149 (2024: £21,361), with £18,264 of these being unrestricted (2024: £6,127). ## _**Reserves**_ As highlighted, our Reserves Policy states that it is our policy to hold one months operating cost in unrestricted reserves, with an aspiration to three months reserves. For the period ending 31 March 2025, three months equalled approx. £10,759 (2024: £9,131). At 31 March 2025 unrestricted reserves stood at £18,624 (2024: £6,127), this does meet the desired level and Trustees will continue to seek ways to maintain this level of reserves. The trustees declare that they have approved the report above. ## **Signed on behalf of the charity's trustees:** 30/12/2025 Page 8 of 15 ## **Glasgow Tool Library Report and Accounts for the Year Ended 31 March 2025** ## **Independent Examiner's Report** **Report to the trustees/members of** Glasgow Tool Library **Registered Charity Number** SC048071 **Accounts of the charity for the period** 01 April 2024 to 31 March 2025 **Set out on pages** Page 10-15 ## **Respective responsibilities of trustees and examiner:** The charity’s trustees are responsible for the preparation of the accounts in accordance with the Charities and Trustee Investment (Scotland) Act 2005 and the The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Accounts (Scotland) Regulations 2006. The trustees have prepared the accounts on a Receipts and Payments basis in accordance with the Regulations. The charity trustees consider that the audit requirement of Regulation 10(1)(d) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the Receipts and Payments Accounts as required under section 44(1)(c) of the Act and to report whether any matters have come to my attention in connection with my examination. The charity’s trustees are responsible for the preparation of the accounts in accordance with the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The trustees have prepared the accounts on a Receipts and Payments basis in accordance with the Regulations. The charity trustees consider that the audit requirement of Regulation 10(1)(d) of the 2006 Accounts Regulations does not apply. ## **Basis of Independent Examiner's statement:** My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. The examination includes a review of the accounting records kept by the charity and a comparison of the Receipts and Payments Accounts with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees about such matters. The procedures undertaken do not provide the same level of assurance as an audit and I therefore do not express an audit opinion on the accounts. ## **Independent Examiner's statement:** In the course of my examination, no matter has come to my attention: 1. Which gives me reasonable cause to believe that in any material respect the requirements to: - keep accounting records in accordance with section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and - prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met, or 2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 30/12/25 Page 9 of 15 Glasgow Tool Library Report and Accounts for the Year Ended 31 March 2025 Receipts and Payments Account 20251£) 2024(£1 Totsl fvnd¥ Donatknns and kw4es - Grants . t￿natiOnS - Member5hlps lfyoup. Sa￿. St•rO•rd.Supporttrl 14.917 Other tradkng ￿t￿Alle5 . Fees, Merchand￿e, f1cketlE￿t 5a IL253 IL253 Otherkncome IA57 Totd 31AK4) Si.703 20251 20241É1 Charftableactmtles - C05t of58￿5 le¥enL CO￿u￿￿Y bulld.8ood51 - Yaff tosts IlrKI. sessl¢nalw48es. tr*nlwl - Premises (rent, ut11￿*$. ofnc*l - Volunteer costs - other expenses laudK ff. I￿Ur￿￿e. etGI L421 L515 17A73 17B 27.937 &861 421 4731 4.117 2.587 3.815 6.402 23 42.404 56.108 49￿ Net InLrJme I l*xp*thwel Ilm2 ii.a041 2J163 Retondlb•lk￿ ol Net Swpwthlldt for the TTansler5 i*lT*een fvvK15 Total funds bmEht forward fft)m pre￿oUS¥r 127 34 24361 Totsl (￿d5 (athed 18264 12M5 31,149 21A61 P¥t iOdJS Glasgow Tool Library Report and Accounts for the Year Ended 31 March 2025 Statement of Balance statement of Balame Glasgow Tod Lllx Al ot31 Morth 2V5 2025 IQ 20241e) FINed Assets TanBible Fiyed Assets loff Vehkks) CuTheDI Awets C•sh at bank Ind In Ckarlw atto￿t Total Current Assets Llablbitles: Anw)unts fallkng ¢J 22fj2 21A16 2¥525 21361 Net current a%sets Total net 4wets 2U87 >L149 21a61 21Jbl 20251 2024{£1 Unrestrlcted ￿er￿ra1 fund5 Restrlcted fijnds Total tha￿V Iwwjs 264 6,127 234 li￿1 31.149 Glasgow Tool Library Report and Accounts for the Year Ended 31 March 2025 Notes to the Accounts l. Basis ol pre￿atIon. These accounts ha¥e been prepared on a r￿￿ipts and paY￿nts bas￿ in accordan￿ with tt Chadtles ktounts Iscotlèndl Reeuktlofts X(IS las amended) and the Office of the Stottlsh tharlty Wulator IOSCRI eu[dar￿. 2. Nature of Cl￿1￿$ Adlkn. Glasgty* Tool Ubrary pro41des affordth a(te55 to toots. trasn1￿ and comThi events to support sustsinabilrty and Skill de¥ 3. Slafl Costs: SI￿rIeS.£33.32&79 Sesslonalwage5: £532. Penslons:£724.71 4. FlxÈd Alxots.. CarAt8llsed vehlde •nd oflko equlwfi￿t trtalkng £2.261.73 ￿l￿d In 2025. Veh￿be purchased are e-blke. Ilbrary Irhwtory equlpment and off*e S. Grart&' 2025 IQ 2024(Q Total G•*rnl J27 Endrlck Tntst Awards for All 2￿14126 R85 Rengenerate Mental Health and Wdlbelry Fwxl 23ft4 Meni•l He4￿h •Dd Wdlbelrq Fw 24n5 Lottery Heritage Maryhlll Inteeratlon Neh*vk stalled Spa The Robertson Trust Land Awards fty 23ft4 1563 159 L735 L735 261 783 1.231 18264 Iws 11.149 Glasgow Tool Library Report and Accounts for the Year Ended 31 March 2025 Notes to the Accounts 6. Trad•y krome.. 20251ÉJ Trtol TotGI Grants Total Grants Don￿lan5 Donat￿n5 T¢)tal Donat￿ 31.CiYI 31,C(Kl 31JThKI 487 Consumables Ddl¥ery io 262 6,262 iii L271 11253 Mefchan¢*e Tool Saks T¢)tal F••s M•mb•rshlps Saver MÈmbprshlp standard Membershlp Supporter Membershlp Sharlng ShettkSt￿/G￿o Memtershlp T¢)tal M•ffib•rsN iii 1271 li 2.875 IA51 240 41ll7 IQ714 10.714 14,917 IA57 SL70J Olher Revenue Total Turno¥•r ai 65. P¥tJ3dJS Glasgow Tool Library Report and Accounts for the Year Ended 31 March 2025 Notes to the Accounts 1025l£J 241£1 Totol Cost of SalÈJ COS E¥eTht ExperbSQ5 IM21 Lsis LfQl staff Costs Intership and Staff Tralnl Sakrfje5 Se551onal Wages Total Staff Corts Premlses Costs 3X) l5291 532 36 27.937 3,271 Offlce Costs Utilit￿S- Ught Heat Power Water Total Ptenths (051$ Volunleer Budget VOL Advertislnc & M*rketln8 VOL Repairs & MainteThar VOL Volunteer Expenses Total VOl￿teer Bud8et$ Other 5ep4lces and Expemes Audlt & Accountancy fees 8wk Fees General Expenses Instsra￿e IT & Software PenslonsCost5 5trlpe feesllettle fee5lp8)pal Fees TelEphone & Intemèt Tr*¥el- NatiuMI Van Hire & Transportatlon of &Tr)ods i( L516 175 2271 4731 S153 4.117 L519 391 214 262 815 25P34 31,074 5fj1( 49 1025l£J 20241EJ TotAT Aet¢)undn& tw)ob&eÈp1￿￿d Independent Examlnatlo Legal and in$wan￿ cost 164 L5 231 1517 P¥t 14dJS Glasgow Tool Library Report and Accounts for the Year Ended 31 March 2025 Notes to the Accounts 01 APR10241£J 31 MA42025 {£J 127 (2&tB41 17.1H3 Reslrkted EndrSck Tntst Awards for All 24126 R8S Rengenerate Mental Heatth and Wdlbelry 2¥24 Mental Heahh and Wellbelng 24125 Lottery Herl Maryhlll Inte8ratlon stalled Spa￿5 The Robertson Tn Land Awards lor 13Iz4 L963 470 114.1181 1,159 1&2651 ns 713 (7131 142171 789 l.C415 16279 IIJM51 IIAM51 (J3.Y91 10. I4Jr￿se$ olFwMIs General FUTr Endrkk TI￿t Aw¥rds for All 24126 R8S R￿enerate Mental Health and Wdlb*n8 23124 Mental Health and Wdlbdng 24115 LotleryHedtaue Maryhlll IntegratSon Network Stllled 5pKe5 Robertson Tnst Land Sec Awards for 23ft4 Th? ￿TestrIrted, Yree re5er¥e5' of d￿rIty Fundlng toward5 G￿eTrI use and wlunteer Fwdin8 tow*rds vO￿nteer pr¢y•M￿. tr¥inlng ComrNnrty Bullds Fundin8 towards GÈnÈr81 use and ¥olurrteer prwamme Fundine towardswihJnteer wrwamme. training and CoMn￿nty 8uilds Fundin8 towardswhjnteer Program￿￿, tralnlTrgand ComrNnlty ￿lId$ Fundlng towards the deltr4*ry ol avdunteer & tralnlng wogramrr De1￿￿ry ol Events Fwding loward5 de5ylo￿enI of Gll container •nd Yte Fwdin8 ioward5 volunteer FK4r•mm¢ tr4inih8 Ctynmunrty ftulws Fundine iowards volunteer prfwamm¢ training arKI CLNnmunity 8uihls F￿dIng towards ¥￿nteer wOgr8mff￿. tralnlrq and Communlty &Jlld5 I