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← Letham 4 All SCIO

2025-04-30-accounts

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Registered number CS003344 |

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Letham 4 All SCIO

Report and Accounts

31 March 2025

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~-Letham 4 All SCIO - mo Company Information

Trustees Neil Body ArleneJan Wilkie Reaney Suzie Burt Eleanor Coyle John Rebbeck Sheila McCole

Auditor Mark Jackson Jackson Chartered Accountants First Floor, Albion House Albion Street Hull HU1 3TE

Registered office 119 Rannoch Road Perth PH1 2DQ

Registered number CS003344

Registered charity number $C048289

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Letham4all Qur Place Our Future

Letham4All SCIO

Trustees’ Annual Report 2024 — 2025

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Letham4All Our Place Our Future

Scottish Charity Number: SC048289

The Hub,

Amulree Road

Perth

PH1 5RP

01738 444061

Reception@letham4all.org.uk www .letham4all.org.uk

Facebook: Letham4All

Charity Trustees

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  1. Alan Murray (resigned May 2025)

  2. Neil Boddy

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  1. Michetle Hunter (resigned November 2025)

  2. Arlene Reaney (appointed April 2025)

  3. Joanne McKain (resigned November 2025)

  4. lan Wilkie (appointed May 2024)

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  1. Susie Burt (appointed May 2025)

  2. Eleanor Coyle (appointed May 2025)

  3. Sheila McCole

  4. 10.John Rebbeck

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Objectives and activities

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Letham4All has been developed by local people to help them be involved in their local community, develop their ideas to improve the health and well-being of the area and create positive opportunities for residents of all ages to enhance their quality of life. Letham4All SCIO was also created to take on the future role of operating the new Letham Community Hub.

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Our vision is that life across our communities is better and healthier, where everyone can reach their potential from cradle to grave. Letham4All operates in the Ward 10 and 11 areas of Perth City and Muirton. Letham4All is open to all members of the communityor politics. withoutOur objectives prejudiceareofto: age, religion, race, culture, disability, gender, sexuality,.

To help us achieve these objectives we have implemented the Letham4All Strategic Pian 2023-2026, which identifies four key priorities our community believe would make _ _& positive difference to their lives. We have successfully secured externa! funding to “help us: . “oe “oe ,

Letham4All has a constitution which sets out its purpose, structure and describes how it operates. You can see Letham4All’s Constitution here. It operates as a two tier Scottish Charitable Incorporated Organisation (SC!O), made up of ordinary members and a Board of Trustees.

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To be a member of Letham4All you must live in Ward 10 or Ward 11 areas of Perth or have the interests of Letham at heart.

Trustee recruitment and appointment

At the last Annual General Meeting of Letham4All SCIO held on the 8'" May 2024, two new community members were accepted to the Board. An additional member was accepted in March 2025, thereby filling the seven spaces available for Community Board Members. They join Associate and Co-opted Board Members as laid out in Letham4All’s Constitution and have responsibility for delivering the aims and objectives of Letham4All. Letham4All has also recruited two Shadow Board members to support the nominations of new Board Members in the future. Letham4All’s Board have a wealth of professional and personal experience across a range of areas including community learning and development, social work, Adult and evaluationChild Protection,and managingfacilities management,budgets. Thehumanresponsibilityresources,ofprojectmanagingmanagementLetham4Alland Projects rests with these people, with the Chairperson having operational _ responsibility for the staff delivering all that we do.

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Achievements and performance Since its formation, Letham4All has worked with the community to create initiatives to help build community capacity and support health and wellbeing. The creation of Letham4All together with expanded partnership working has increased levels of community participation and volunteering. During the year Letham4All initially delivered services in temporary venues before moving to The Hub following the completion of major refurbishment and capital works.

The enthusiasm, passion and hard work of our volunteers is immeasurable and invaluabie. They are at the heart of everything that we do and quite simply there would not be a Letham4All or The Hub without them. From working in the Community Fridges in Letham, Muirton and Moncrieffe, hosting Family Fun Activities, The Hub Café, Butty and Blether Café, Oot the Hoose Group, Buggy and Biether, Health Walks, driving our minibus and lending a hand at events. Along with our staff, our volunteers make a hardworking and passionate team.

Working to achieve our Vision, our staff and volunteers have secured funding and generated income which has enabled Letham4All to achieve the following progress towards our four Strategic Priorities: Priority 1; Own and operate the Letham Community Hub for the benefit of local people.

In February 2024 Letham4All were handed the keys to the new Letham Community Hub. Over the next three months the Letham Community Manager led staff, volunteers and partners in the process of setting up the building for use by the community and local partners. This included:

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As a result, The Hub was offically launched and opened by local community members on 3 May. Partnerships and projects developed prior to the building being opened were ready to be delivered from week 1. On 10" August, at a Community BBQ and Funday, the Leader of Perth and Kinross Council and the Provost of Perth and Kinross, offically handed over the title deeds to the building thereby confirming the ownership of the building being transferred into the hands of the community, through Letham4All SCIO. On 13th November 2024, HRH The Princess Royal made a private visit to The Hub and formally opened the building and met those invloved in making this community dreama reality.

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© ---* Priority 2:

Work with the community to improve health and wellbeing.

In the past 12 months, Letham4All continued to operate all of its legacy projects — Buggy and Blether (Parents and children under nursery age), The Oot the Hoose Group (60+), Butty and Blether, Health Walks, Line Dancing and Community Keep Fit. All of these sessions have increased in numbers since we opened The Hub.

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The Community Gym was opened with a low cost,no contract membership and at the time of writing this report there were 448 people signed up as members. We oo, operate a Ladies Hour three times a week and also offer Teen Gym for young people. . Letham4All was successful in accessing additional funding to support the post of a Fitness Activity Worker to help people increase their phyiscal activity levels and support their wellbeing. Regular free classes include Mature Movers, Total Body Work Out, Legs, Bums and Tums, Stretch and Strength, Circuits, Boxercise, Yoga _ and Core. Around 90 people attend these sessions each week. |

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The Fitness Activity Worker also delivers a weekly Kids Sport Hour and a full range of activities during the school holidays. We have worked with local sports groups to deliver community sessions of boccia, pickleball and table tennis. Yoga for beginners is delivered twice a week.

We have worked in partnership with Table Tennis Scotland and we now offer access to this sport to people with Dementia and Parkinsons as well as to primary school children in an after school group. The Sports Hall is also used by local table tennis players for league matches, the local pickleball league, and basketball and football clubs. The hall is also used by a number of disability groups for sports including football, boccia and basketball.

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wee sr te ' Priority 3: Support employability opportunities and personal development

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The opening of the new builiding has enabled Letham4All to work in partnership with specialist services such as Skills Development Scotland, Street League and Perth and Kinross Council’s Employability Service to enable local access to these services.

Working together on Next Steps 4 All, we are able to provide a range of support, based on individuals readiness and confidence to get into employment or further education.

During the year, we saw an increase in volunteers from increased our more than doubled our volunteers from 80 to over 132. We offer a wide range of work experience and volunteering opportunties, complimented by support staff and training.

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We have delivered The Inbetweeners weekly youth group over 47 sessions with 51 individual young people registered. The number of young people who attend The Inbetweeners has increased, which has resulted in changing the format to offer two age-appropriate sessions. The youth work sessions have an element of learning, which is agreed with participants, and covers a range of topics from social discussion, health and wellbeing, personal development and opportunities to take part in youth awards. ,

' We have also worked in Partnership with Letham St Marks and the Families Empowering Communities Project to enable 30 children from the three Letham Primary Schools to take part in The Afterschool Club every week (32 sessions).

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ae Priority 4: Support the community community to reduce the impact of poverty poverty including child poverty.

Priority 4: Support the community community to reduce the impact of poverty poverty including oe child poverty. Letham4All continues to lead a local working group partnership, Letham Together, to tackle the impact of poverty in our community. Initially focused on developing access to support in relation to the Cost-of-Living Crisis, the remit of Letham Together has widened to include the maximization of all local resources of our community organisations. This has enabled us to forward plan more effectively to support families through a variety of initiatives and activities throughout the year. This includes school holidays, seasonal festive events, the provision of Warm Spaces in the Community throughout the winter, the Christmas Meal Gift Initiative, year-long dignified route to food and family/children’s activities. e 45 free School Holiday Activities sessions were delivered during the school holidays, with 129 families taking part e includeFamiliesfreehavemealsalso attended 12 seasonal and community. events which all

We also offer a range of free physical activities for children and young people including Nerf Wars, Boxercise, and Teen Gym. We have supported the development of a community Lego Group, a Reuse and Remake Project and have a range of children’s books freely available in The Hub. All these activities are at no cost to participants.

We have successfully opened The Hub Café providing access to very low-cost hot food and drinks seven days a week from 9am until 7pm Monday to Friday and 9am to 4pm at the weekends. Around 400 people use the café and soft play area each week. We continue to operate our Community Fridge Project to prevent food waste and help stretch budgets. It is open seven days a week with a weekly average of 370 people accessing good food, including free ready-made meals, and very low-cost pantry staples. In the last 12 months there have been 18,929 visits to the Community Fridge ~ from people living in 1121 registered postcode areas.

Along with the Community Fridge, we also offer access to our Financial Well Being Project, with a range of expert and specialist services engaging with people who use

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‘The Hub. Perth Citizens Advice Bureau (CAB), Christians Against Poverty (CAP) and The Heat Project are based in the building and offer guidance and advice on a dropin and appointment basis. Perth CAB have increased the amount of time in The Hub to an adviser being available two half days a week. In total 101 appointments have been kept benefiting 57 individuals with over £45,000 in financial gains for those seeking support with income maximisation. Our partners have also provided advice and guidance in relation to Debt, Employment, Energy, Foodbank, Housing, Immigration, Legal queries, Council Tax and Travel.

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We have also continued to support people through the Paypoint, System and Perth
Cards helping 300 people out of an immediate financial crisis with a small payment to
support an emergency utility top up. We are the only charity in Scotland that provides
this essential service.
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Financial Review

The charity incurred a surplus of £3,528,508 of this £3,018,359 was the building gifted by Perth and Kinross Council (2024 £44,936) of this surplus £3,623,369 was transferred to fixed assets. The balance of the funds on 31 March 2025 was £66,673 of which £33,799 was restricted.

Volunteers

The charity is supported by approximately 127 active volunteers. None of the volunteers hold significant roles.

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Statement of the charity’s policy on reserves

Letham4All SCIO have agreed a simple policy in relation to reserves, which will allow a maximum of 10% of any surplus of Letham4All unrestricted funds to be added to a reserve account on an annual basis. This account is currently held with the Perth and Kinross Credit Union.

By developing the reserves fund, Letham4All will be able to meet any unexpected issues and necessary repairs to The Hub. The decision to allocate any unrestricted funds to reserves rests with the Board.

As of 31 March 2025, the balance held by the Credit Union was £11,371.

Next Steps

Looking forward to the next 12 months we will continue to deliver our Strategic Plan from The Hub and progress activities that will help Letham4All and The Hub become sustainable in terms of net zero and business development. We will continue to work with the community and partners to deliver our projects and activities, increase opportunities for people to improve their health and wellbeing, address local _. inequalities and reduce the impact of poverty on people, especially children in our communities. By doing this from our new building we believe we can achieve our vision that Life across our communities is better and healthier, where everyone can reach their potential from cradle to grave.

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Declaration

Signed on behalf of the charity trustees:

Print name

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Suzie Burt
Designation Trustee
Date 6 March 2026
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Independent Auditor's Report to the Trustees of Letham 4 All SCIO

Opinion

We have audited the financial statements of Letham 4 All SCIO (the ‘charity’) for the period ended 31 March 2025 which comprise the Statement of Financial Activities, the Statement of Financial Position, the Statement of Cash Fiows and notes to the financial statements, including a summary of 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:

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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 oo - 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.

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Based upon the work we have performed, we have not identified any materia! uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity’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.

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Our responsibilities and the responsibilities of the trustees with respect to the going concern are described in the relevant sections of the 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. Our opinion on the financiai statements does not cover the other information and we do not express any form of assurance conclusion thereon.

jn connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is maierially inconsistent with the financial statements or our knowledge obtained in 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 there is a material ‘misstatement in-the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conciude 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 and Trustees Investment (Scotland) Act 2005] and the Charities Accounts (Scotland) Regulations 2006 require us to report to you if, in our opinion:

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. Responsibilities of trustee

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As explained more fully in the trustees’ responsibilities statement, the trustees are responsible for the preparation of financial statements which 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 liquidate the charity or 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 regulations made under that Act.

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.

Irregularities, including fraud, are instances of non-compliance with !aws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatemenis in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: As part of the planning process: ; oO We enquired of the controls the charity has in place, the areas of the financial statements that are susceptible to the risk of fraud or irregularities and whether there has been any known, suspected or alleged fraud. We obtained an understanding of the legal and regulatory framework applicable to the charity. We considered incentives and opportunities that exist within the charity for management bias to override any controis. Using our knowledge of the charity, together with discussions held at the planning stage, we formed a conclusion on the risk of misstatement due to irregularities. The key procedures we undertook to detect irregularities including fraud during the course of the audit included: Identifying and testing the journal entries and the overall accounting records, in particular, any significant or unusual items. Reviewing the financial statements disclosures and determining whether accounting policies have been appropriately applied. ‘ Reviewing and challenging the assumptions and judgements in the significant accounting estimates. Assessing the extent of compliance or lack of, with the relevant laws and regulations. Testing key income streams. Performing verification of key assets. Obtaining third party confirmation of material baiances.

Scrutinising the accounting records for related party balances and transactions.

Reviewing trustee board minutes.

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 the auditing standards. The primary responsibility for the prevention and detection of fraud rests with the trustees.

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A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

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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. Mark Jackson BA FCA S.” LON (Senior Statutory Auditor) For and on behalf of Jacksons Accountants and Statutory Auditors 9 March 2026

Jacksons is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006.

Jacksons is eligible for appointment as auditor of the charitable company under regulation 10(2) of the Charities Accounts (Scotland) Regulations by virtue of its eligibility under section 1212 of the Companies Act 2006] 09FirstMarch floor, Aloion2026 House, Albion Street, Hull, HU1 3TE.

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Letham 4 All SCIO

Balance Sheet as at 31 March 2025

Notes 2025 2024
£ £
Fixed assets
Tangible assets 2 3,559,374 7,600
Current assets
Debtors 3 46,255 5,595
Cash at bank and in hand 163,539 168,734
209,794 174,329
Current liabilities 4 (79,126) (20,395)
Netcurrentassets 130,668 153,934
Net assets 3,690,042 161,534
Represented byfunds
Unrestricted funds		 8 ae 32,874. 152,698
Restricted funds 33,799 8,836
Fixed asset fund 3,623,369 -
3,690,042 161,534

The trustees have prepared accounts in accordance with section 398 of the Companies Act 2006 and section 44 of the Charities and Trustee Investment (Scotland) Act 2005.These accounts are prepared in accordance with the special provisions of Part 15 of the Companies Act relating to small companies and constitire the annual accounts required by the Companies Act 2006 and are for circulation to the members of the company.

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Suzie Burt Approved by the board on 6 March 2026

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: ; - Letham 4 All SCIO a Statement of financial activities for the year ended 31 March 2025

Unrestricted Unrestricted
Funds Restricted Total Funds Restricted Total
; Funds Funds
2025 2024
£ £
INCOMING RESOURCES
Donations and grants
Gifted asset 3,018,369 - 3,018,369 - - -
Grants and donations 433,283 691,969 1,025,252 361,320 85,000 436,320
Other income 322,612 16,074 338,686 73,364 2,326 75,690
755,895 3,626,412 4,382,307 424,684 87,326 §12,010
Investmentincome
interest received 8728 HS
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Resources Expended
Direct project costs 172,609 33,230 205,839 158,667 16,022 174,689
Premises costs
Premises expenses 34,451 8,263 42,714 37,535 1,215 38,750
. 34,451 8,263 42,714 37,535 1,215 38,750
Managementand administration
Staff costs
Gross wages 431,844 - 431,844 170,599 170,599
Employer pension oe >; 6,021 - 6,021 2,643 we 2,643
Training 6,115 - 6,115 2,417 2,417
Travel and subsistence
Motorexpenses		 769
-		 1,138
3,597		 1,907
3,597		 1,035
-		 1,035
-		 -
444,749 4,735 449,484 176,694 - 176,694
Administration costs
Advertising
Insurance		 7,135
4,924		 -
-		 7,135
4,924		 8,500
3,022		 8,500
3,022
Subscriptions 31,663 - 31,663 1,311 1,311
Repairs and maintenance 12,050 - 12,050 8,085 8,085
Other office costs 15,957 - 15,957 39,650 39,650
Consultancy fee 2,040 - 2,040 4,068 4,068
Professional fees 5,026 - 5,026 8,700 8,700
Depreciation 77,339 - 77,339 3,800 3,800
156,134 - 156,134 77,136 - 77,136
EXCESS INCOME OVER EXPENDITURE (51,676) 3,580,184 3,528,508 (25,153) 70,089 44,936
Balances brought forward 1 May 2024 152,698 8,836 161,534 89,788 26,810 116,598
Transfer between funds (22,648) 22,648 - 18,063 (18,063) -
Transferofcore costs
Transfer to fixed asset fund		 (45,500) (3,577,869) -
(3,623,369)		 70,000
-		 (70,000)
-		 -
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Balancescarriedforward31 March2025 32,874 33,799 66,673 152,698 8,836 161,534

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Letham 4 Ail SCIO

Cash Flow Statement for the year ended 31 March 2025

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|||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |2025|2024| |£|£| |Cash|generated|from|operations| |Net|income|3,528,508|44,936| |Reconcilaition|to cash|generated|from|operations:| |Depreciation|and|(profit)/loss|on|sales|of fixed|assets|77,339|3,800| |Decrease/(increase)|in|debtors|(40,660)|(1,543)| |Increase/(decrease)|in|creditors|58,731|(40,911)| |Donated|fixed|assests|(3,018,369)| |Cash flow from investing activities|605,549|6,282| |Assets|purchased|610,744|-| |Decrease|in cash|(5,195)|6,282| |Cash|ar|bank|and|in|hand|at|1|April|Cash|at|168,734|162,452| |bank|and|in|hand|at|31|March|163,539|168,734| |Consisting|of:| |Cash|at|bank andin hand|163,539|168,734|

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- Letham 4 All SCIO.

Notes to the Accounts for the year ended 31 March 2025

1 Accounting policies

Basis of preparation

The accounts have been prepared in accordance with the 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 Republicc of Ireland (FRS 102), effective 1 January 2015 (Charities SORP FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102). The Venture Community Association meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note. The presentational currency of the financia! statements is Pound Sterling.

income recognition policy

Income is included in the SOFA when the charity becomes entitled to the income and the amount can be qualified with reasonable accordance and receipt is probable. All income is unrestricted unless specifically restricted by the funder, Income is only deferred when the Charity must fufil conditions before becoming entitled to it or where the funder has specified that the income is to be expended in a future accounting period.

Critical accounting estimates andjudgements

The preparation of financial statements requires the use of certain accounting estimates. It also requires the Trustees to exercise judgement in applying the charity's accounting policies. The areas requiring a higher degree of judgement, or complexity, and areas where assumptions or estimates are most significant to the financial statements are disclosed below.

impairment of and valuation of freehold property.

The Trustees review the value if buildings on an annual basis, and make sure that all repairs and maintenance have been compieted, to check there has been no impairment.

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Short-term debtors and creditors

Debtors are recognised when the Charity is legaily entitled to the income after any performance conditions have been met, the ' amount can be measured reliably and it is probable that the income will be received. Creditors are recognised when the charity has a present legal or constructive obligation resulting from a past event to make payment to a third party, it is probable that the settlement will be required and the amount due to settle the obligation can be measured or estimated reliably.

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Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and impairment losses.

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:

Buildings - 2% straight line Fixtures and fittings - 10-20% straight line : Motor vehicles - 20% straight line

Value Added Tax

The Charity is not registered for VAT and accordingly, where applicable, all expenditure is inclusive of VAT.

Donated Fixed Assets Items given for on-going use are recognised as income and capitalised at their fair value on the Balance Sheet.

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Funds

Unrestricted funds are those funds which can be used at the Trustees’ discretion, Restricted funds are those funds whose purposes have restricted by the donor. Designated funds are those funds which have been earmarked by the trustees for specfic purposes.

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Letham 4 All SCIO Notes to the Accounts for the year ended 31 March 2025 Allocation of Overhead and Support Costs

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Overhead and support costs, which include governance costs, are allocated between charitable activities. These costs have been apportioned to the various activities on the basis of staff time, The allocation of overhead and support costs is analysed in note 4. Support costs of the charity which have been funded by core grant which is not attributable direct to specific projects. Governance costs comprise all costs involving the public accountability of the charity.

Charitable Activities

Costs of charitable activities include direct costs and an apportionment of overhead and governance costs are shown in.note 5.

2 Tangible fixed assets

2 Tangible fixed assets
Land & Motor
Buildings Equipment vehicles Total
£ £
Cost :
At 1 May 2024 - 19,000 19,000
Additions 3,568,369 60,744 3,629,113
Disposals - -
At 31 March 2025 3,568,369 60,744 19,000 3,648,113
Depreciation
At 1 May 2024		 - 44,400 41,400
Charge for the year 62,890 10,649 3,800 77,339
On disposais
At 31 March 2025		 62,890 10,649 -
45,200		 -
88,739
Net book value .
At 31 March 2025 3,505,479 50,095 3,800 3,559,374
As at 30 April 2024 - - 7,600 7,600
3 Debtors 2025 2024
£ £
Trade debtors - 5,339 1,711
Other debtors 40,916 3,884
. 46,255 5,595
4 Creditors: amounts falling duewithin one year 2025 2024
Other taxes and social security costs 7,509 2,359
Other creditors 7,816 10,436
Accruals 14,501
29,826 12,795
Deferred income
Café fit out 45,500 -
Mini-bus 3,800 7,600
Hugh Fraser : :
49,300 7,600
Total 79,126 20,395
Deferredincomeisaccountedforin-line withthedepreciationofthe assetpurchased.

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; Letham 4 All SCIO Notes to the Accounts for the year ended 31 March 2025

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5 Analysis of expenditure on charitable activities

Direct Direct Project
project delivery Support Goverance
costs staff costs costs costs Total
Hosted funds - Letham Frienship Network 1,196 1,416 2,612
Bank of Scotland 968 1,138 2,106
CIF Moncrieffe
Community Fridge Project
Mini Bus
Letham4All Builiding		 30,859
208		 659
6,188
3,596		 659
37,047
3,804
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; 33,231 - 12,997 - 46,228
6 Analysis ofgovernanceandsupport costs
The Trustees initially identities the costs of its supportfunctions. It then identifies those costs which relate to the goverance
function. Having identified its goverance costs, the remaining support costs togetherwith the governance costs are apportioned
between the charitable activities. Refer to the table belowfor the analysis of support and governance cosis.
Staff costs Support Governance Tota!
Premises cosis 42,714 42,714
Staffcosts 437,865 8,022 445,887
Travel 3,597 3,597
... Advertising
Insurance
Subscriptions		 ; — i we 7,135
“4,924
31,663		 _ 7,135
4,924
31,663
Repairs and maintenance 12,050 12,050
Other office costs 15,957 15,957
Consultancy 2,040 2,040
Professional fees 2,626 2,400 5,026
Depreciation 77,339 77,339
437 865 208,067 2,400 648,332
7 Analysis of staff costs, trustee remuneration and the cost of key management personnel
2025 2024
Salaries and wages . 405,502 164,589
Social security costs 26,342 6,010
Pensions 6,021 2,643
No 437,865
—e		 173,242

No employees had employee benefits in excess of £60,000 (2023:£nil).

437,865
—e
No		 437,865 173,242 173,242
No employees had employee benefits in excess of £60,000£60,000 (2023:£nil). .
The charity trustees were not paid or received any other benefits from employment within thecompany in the year (2023:£nil)
neitherwere they reimbursed expenses during the year (2023:Enil). No charity trustee received payments for professional or
otherservices supplied to the charity (2023:£nil).
Letham4All currently employs:
2025
Full time		 2024
Chiefexecutive i 1
Part time
Projectdeliverystaff 25 8

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-Letham 4 All SCIO

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-Letham 4 All SCIO -Letham 4 All SCIO
Notes to the Accounts ;
forthe the yearended 31 March 2025
8 Analysisofcharitablefunds
Analysis of movements in unrestricted funds
Balance Income Expenditure Transfers Balance
1 May 2024 31 March 2025
General fund 152,698 756,267 (807,943) (68,148) 32,874
Building fund 3,568 369 3,568,369
Café fit out 55,000 §5,000
Total 152,698 756 267 (807,943) 3,555,221 3,656,243
Analysis of movements in unrestricted funds - previous years
Balance Income Expenditure Transfers Balance
1 May 2023 30 April 2024
General fund 89,788 424,879 (460,032) 18,063 82,698
Designated fund
Total		 89,788 424.879 (450,032) 70,000
88,063		 70,000
152,698
Name of unrestricted fund Description, nature and purposes offund
General fund
Designated funds		 The ‘free reserves’ afterallowing for all designated funds.
£0 has been transferred from unrestricted funds for continuation
ofservices
Analysis of movements in restricted funds
.		 Balance a
Income		 Expenditure Transfers Balance
41 May2024 31 March 2025
Hosted Funding - Freindship Network 3,833 2,768 (2,612) 3,989
L4A Youth Work Project 6,341 (5,311) -
Ootthe Hoose/60+ Project (308) 308 -
Bank of Scotland - 25,000 (2,106) 22,894
CIF Moncreiffe - (659) 6,274 5,615
Community Fridge Project - 15,556 (37,047) 23,476 4,985
Letham Summer League
Mini Bus		 32
4,086		 (3,804) (2,099) 32
(1,817)
Net Zero 1,000 4,000
Toddler Group 101 101
Letham4All building 3,577,869 (3,577,869) -
8,836 3,626,412 (46,228) (3,555,221 33,799
Analysis of movements in restricted funds
Balance Income Expenditure Transfers Balance
4 May 2023 30 April 2024
Action 15 2,710 (2,710) -
Community Recovery Fund - -
Hosted Funding 3,445 17,326 (16,929) (9) 3,833
L4A Youth Work Project 5,342 - (1) 5,311
Oot the Hoose/60+ Project 15,343 (308) (15,343) (308)
The National Lottery Revenue Grant - -
’ Gannochy Trust - 50,000 (50,000) -
Robertson Trust - 20,000 (20,000) — -
26,810 87,326 (17,237) (88,063) 8,836

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Notes to the Accounts for the year ended 31 March 2025

Name of restricted fund Description, nature and purposes of fund Community Recovery Fund To distribute with local partners and community projects to enhance the recovery process from Covid 19 pandemic Hosted Funding Money raised by grass root orgainsiations to support activities which are of benefit to the community

Hosted Funding

L4A Youth Work Project

Project supports young people in the community

Oot the Hoose/60+ Project

Supports over 60's in the community to support their recovery from Covid 19 pandemic

The National Lottery Revenue Grant

_ TotransitionsupportperiodLetham4Alland refurbishmentcore cosis duringof thethenewdevelopment, Community Hub

9 Related party transactions

There have been no related party transactions during the financial period.

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10 Going concern

The Trustees consider that the charity is in a fair position to continue its activities durinf the coming year, and that the charity's reserves are adequate to fufil its obligations. The trustees have considered the going concern assumption and there are no material uncertainities’ about the charity's ability to continue as a going concern.

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