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2025-05-31-accounts

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WEST CALDER COMMUNITY EDUCATION ASSOCIATION SCIO

SSeSREPORT SEAND FINANCIALNN LAL STATEMENTSSTATEMENTS FORFOR THETHE YEAR ENDED 31 MARCH 2025 Charity No §C049312

z Tt. WN SCI , TRUSTEES REPORT YEAR ENDED 31 MARCH 2025

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

The financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005 and 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 (PRS 102) (effective 1 January 2019).

Our purposes and activities

The charity is a Scottish Charity Incorporated Organisation (a SCIO) incorporated on 21 May 2019.

The charity is controlled by the trustees who meet on a regular basis to discuss the management of the charity.

Financial Review

The results for the period are detailed in the Statement of Financial Activities. P

The trustees are satisfied with the performance of the charity during the year and with the position at 31st March 2025.

Risk Management

The trustees have assessed the major risks to which the trust is exposed. In particular those related to the operations and finances of the charity and are satisfied that systems are in place to mitigate their exposure to these risks. .

Trustees and Trustees Interests

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The present level of funding is adequate to support the continuation of activities for the forseeable future and the trustees consider the financial position of the charity to be satisfactory.-

Reserves Policy

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All money raised for, or on behalf of the trust shall be applied to further the project of the charity and for no other purpose. Where monies are donated towards a specific project these shall be classed as Restricted Funds and shall only be applied to the specific project for which they were intended. All other monies raised or received will be classed as Unrestricted Funds and used for the objectives as detailed.

Plans for Future Periods

The charity plans continuing the activities in the forthcoming year subject i unding arrangements.

TRUSTEE

DATE

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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF WEST CALDER COMMUNITY ASSOCIATION, SCIO FOR THE YEAR ENDED 31 MARCH 2025

I report on the financial statements of the above Charity for the year ended 31 March 2025 which comprise the Statement of Financial Activities, Balance Sheet and related notes.

Respective responsibilities of Trustees and Examiner The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).

The charity’s trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44 (1) (c) of the Act and to state whether particular matters have come to my attention.

Basis of Independent Examiner’s statement

My examination is carried out in accordance with Regulation 11 of the ; Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations , from the trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by 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; to 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,i attentionaccountsshouldto bebereached.drawn in order to enable a Date QO NAN NASA \ HOM

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WEST CALDER COMMUNITY EDUCATION ASSOCIATION SCTIO

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STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31 MARCH 2025

2025 2025 2025 2024
£
£
£
income “Note Unrest Rest Total Total
Incoming Resources from
trading activities:
Charitable Trading 6 99,922 16,224 116,146 80,310
Incoming Resources from .
Charitable Activities
Grants & Donations 5 413 153,544 153,957 161,047
Investment Income 4 26,730
-
26,730
21,405
a
ee
ee
TOTAL INCOME 127,065 163,768 296,833 262,762
er erRA
Expenditure On
;
Charitable Activities
Support Costs
162,675
960
253,804 /
=
416,479
960
189,967
900
ee
TOTAL EXPENDITURE 163,635
253,804
417,439
190,867
cg
cas
NET MOVEMENT IN FUNDS 12 (36,570) (84,036) (120,606) 71,895
Reconciliation of Funds:
Funds brought Forward 12 53,404 127,437 180,841 108,946
Transfer of Funds (2,350) 2,350 - -
a="
Total Funds Carried Forward 12 14,484 45,751 60,235 180,841
—————————————————<—{——;
XXX&&_X
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Movements in funds are shown in the notes to these financial statements.

None of the charity’s activities were acquired or discontinued during the above two financial years,

There were no recognised gains or losses in 2025 or 2024 other than the surplus for the year.

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WEST CALDER COMMUNITY EDUCATION ASSOCIATION SCIO BALANCE SHEET AS AT 31ST MARCH 2025

Note 2025 2024
£ £
TANGIBLE ASSETS F 252 251
CURRENT ASSETS .
Debtors 385 264
Stocks on Hand
Cash at Bank & on
Hand 1,000
59,499
1,000
180,226
~
60,884 181,490
LIABILITIES
Creditors falling due within 8 (900) (900)
one year
(900) (900)
NET CURRENT ASSETS ; 59,984 180,590
NET ASSETS 60,235 £ 180,841
THE FUNDS OF THE CHARITY
Restricted Funds 12 45,751 127,437
Unrestricted Fund - General 12 14,182 52,290
Designated Funds 12 302 1,114
TOTAL FUNDS 12 ; 60,235 £ 180,841
These financial statements were approved by the Board of Trustees on and
were signed on i alf.
.

TRUSTEE

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DATE
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WEST CALDER COMMUNITY EDUCATION ASSOCIATION SCIO NOTES TO THE ACCOUNTS FOR THE PERIOD ENDED 31 MARCH 2025

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Ll Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

Basis of Preparation

The financial statements have been prepared in accordance with 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) (charities SORP FRS 102) The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). West Calder Community Education Association meets the definition of a public benefit entity under FRS 102. Assets and liabilities are recognised at historical cost. .

Fund Accounting

Unrestricted funds are available for use at the discretion of the management committee in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions imposed by the donor or through the terms of an appeal. ;

Incoming Resources

All incoming resources areincluded in the Statement of Financial Activities when the charity is entitled to the income and the amounts can be quantified with reasonable accuracy.

Expenditure Recognition Expenditure is recognised on an accruals basis as liability is incurred. Expenditure includes any vat which cannot be fully recovered and is reported as part of the expenditure to which it relates.

Allocation of Support Costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities.

Tangible Fixed Assets

Depreciation of fixed assets is stated at cost less depreciation. Depreciation rates are as follows:

; . Equipment ; 25% straight line

This is stated after charging;

2025 2024e
£ £
Independent Examiners Fees 960 900

As a charity, West Calder Community Education Association is exempt from tax on income and gains to the extent that they are applied to its charitable objects. No tax charges have arisen in the charity.

3 Taxation

WEST CALDER COMMUNITY EDUCATION ASSOCIATION SCIO 6 NOTES TO THE ACCOUNTS FOR YEAR ENDED 31ST MARCH 2025

4 Investment Income

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.

4 Investment Income
Unres‘d Rest’d 2025 2024
£ £ £ £
Hall Lets
Bank Interest
24,312
2,418
-
-
24,312
2,418
16,125
5,280
a
26,730 - 26,730 21,405
aeaeaeesssanammqmOQOnnnunauoananauaummm SS
5 Income from Charitable Activities
Unres‘d Rest’d 2025 2024
£ £ £
National Lottery Community Fund
West Lothian Council
- Core Fund
West Lothian Council
- Business Support
WestLothianCouncil
-SummerofFun
-
-
-
-
12
-
-
5,000
12
-
-
5,000
54,820
25,000
21,000
5,000
West Lothian Development Trust - 24,380 24,380 950
RCLLUD me 57,810 57,810 =
WCHCDT Drapes & Lighting - 2,450 2,450 ~
Levenseat Trust
West Lothian Food Network
- 21,884
572
21,884
572
10,855
12,460
Impact Funding - 10,500 10,500 11,658
WLVSG 23 - 12,315 12,315 -
WLVSG 25 Homework
Foundation Scotland
, «
-
_
813
5,000
813
5,000
-
-
WLC Pensioners Grants - - - 618
Robertson Trust . - 10,000 10,000 11,000
Carefs - 2,677 2,677 6,692
Donations - 131 131 162
Signing for Health 413 - 413 -
Other Grants = a 832
413 153,544 153,957 161,047
6 Incoming Resources from Trading Activities
Unres‘d Rest’d 2025 2024
£ £ £ £
Brunch Club 63,650 - 63,650 49,972
Sundry Income 6,633 = 6,633 917
Annual Subscriptions - = ~ 467
Fitness Suite & Gym Membership - 8,869 8,869 7,639
Youth Club = 706 706 600
Events & Activities . 1,115 - 1,115 80
Groups and Classes - 6,649 6,649 5,358
Photocopying - - - 26
Community Shop 28,524 - 28,524 15,252
99,922 16,224 116,146 80,310

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WEST CALDER COMMUNITY EDUCATION ASSOCIATION scrIo NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2025

7 Fixed Assets

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Fitness Centre
Equipment Equipment Total
£ £ £
As at lst
Additions
April 2024
during Year
>
-
Sul
251
=
Deprecation for Year 7 = -
;
As at 31 March 2025 - 251 251
= 8Bae“*qCOCOOSoSoOuOouu0uO0O)O0anaoaoaoaooaoaoOOOOll Lx
8 Creditors - falling due within 12 months
2025 2024
£ £
Sundry Creditors & Accruals , 900 900
900 900

9 Cash Flow

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The charity has taken advantage of the exemption provided by SORP (FRS 102) not to prepare a cash flow statement for the year.

10 Wages and Salaries

Wages and Salaries
2025 2024
£ £
Wages & Salaries 205,178 97,400
Pension Costs 3,190 910
. 208,368 98,310

No employee earned more than £60,000 in the year.

Average number of employees was 5 (2023 - 5).

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WEST CALDER COMMUNITY EDUCATION ASSOCIATION SCIO NOTES TO THE ACCOUNTS

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FOR PERIOD ENDED 31 MARCH 2025

,

12 Movement in Funds

Movement
in Funds
At At
01/04/2024 Income Expenditure Transfer 31/03/25
UNRESTRICTED FUNDS
GeneralFund 52,290 126,652 (162,410) (2,350) 14,182
Community Events 716 - (716) ~ iu
Senior Citizens 56 - - - 56
Signing for Health 342 413 _ (509) - 246
a
53,404
127,065
(163,635)
(2,350)
14,484
pe
eye
RESTRICTED FUNDS
50+ Bowling 335 r (315) - 20
After School Club 1,761 6,649 (8,410) - -
Arnold Clark Comm Fund
Baby & Toddler Group
156
52
-
131
(156)
(110)
as
-
:
73
Brunch Club (3,881) ca - 3,881 -
Carers Grant Funding
16,886
Fitness Suite
1,396
Fitness Suite Partnership1,158
Fitness Suite Maint
1,513
2,677
8,869
-
-
(8,210)
(6,880)
(1,158)
(1,513)
-
(3,385)
-
-
11,353
Be
-
-
Food Event 2022 324 - (324) - -
Impact Funding 2,320 10,500 (12,820) - -
Levenseat Trust (185) 21,884 (21,699) - -
National Lott Fund 54,820 12 (54,832) = ~
Robertson Trust 3,267 10,000 (7,434) - 5,833
WLDT Shop 25,000 - (25,000) - -
West Lothian Dis Trust
WL Food Network
950
(2,426)
-
572
-
-
1,854
950
=
W L Dev Trust 24,956 24,380 (24,956) - 24,380
WLC Summer of Fun (1,412) 5,000 (3,588) - -
WLVSG 23 (3,966) 12,315 (8,349) - <
Youth Club 2,524 706 ( 2,688) - 542
Youth Forum 1,889 = = - 1,889
RCLLD - 57,810 (57,810) = -
Foundation Scotland - 5,000 (5,000) - -
WCHCDT Drapes
& Lighting
- 2,450 (2,450) = -
WLVSG 25 Homework - 813 (102) - Fa
127,437 169,768 (253,804) 2,350 45,751
TOTALFUNDS
180,841
296,833 (417,439) = 60,235

Unrestricted funds are funds which are available to the trustees to use within the day to day activities of the charity.

Restricted funds are funds for specific purpose as requested by the donor.

13 Trustee Remuneration During the financial year ended 31st March 2024 no member of the Board of Trustees or any other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year.

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||||||||| |---|---|---|---|---|---|---|---| |FOR|THE|PERIOD|ENDED|31|MARCH|2025| |2025|2024| |£|£| |INCOMING|RESOURCES| |Brunch|Club|63,650|49,972| |National|Lottery|Community|Fund|12|54,820| |WLC|Core|Fund|28,524|25,000| |WLC|Business|Support|=|26,000| |WLC|Pensioners|Grant|(Brunch|Club)|e|1,568| |WLC|Summer|of|Fun|16,408|=| |WLVSG|25|Homework|813|di| |Robertson|Trust|19,000|11,000| |Levenseat|Trust|21,884|10,855| |Foundation|Scotland|5,000|-| |RCLLD|57,810|7| |West|Lothian|Development|Trust|24,380|-| |Carers|Grant|Funding|2,680|6,692| |Community|Brew|6,125|7| |Signing|for|Health|412|-| |WCHCDT|Drapes|&|Lighting|2,450|-| |Impact|Funding|-|Volunteer|Coordinator|10,500|11,658| |W|L|Food|Network|:|572|12,460| |Donations|131|162| |Fitness|Suite|10,282|7,639| |Youth|Club|706|600| |Events|&|Activities|6,648|5,438| |Interest|Received|2,418|5,280| |Community|Shop|1,115|15,251| |Hall|Lets|24,312|16,125| |Photocopying|=|26| |Subscriptions|.|7|467| |Sundry|Income|1|1,749| |296,833|262,762| |OUTGOING|RESOURCES| |Payroll|Costs|208,368|98,650| |Brunch|Club|(Restricted)|46,403|31,560| |Postage|&|Stationery|591|105| |Advertising|and|P.R|(inc|website)|1,043|1.043| |Centre|Activities|Project|23,020|8,327| |Cleaning|1,006|54| |Repairs|and|Maintenance|25,496|3,201| |General|Building|Refurbishments|66,512|4,632| |Training|&|Conferences|905|165| |Vending|Machine|1,754|2,428| |Bank|Charges|1,086|450| |Fitness|Suite|2,206|2,493| |Food|Shop|.|15,201|16,294| |Membership|&|Licences|678|4,267| |Insurances|1,522|1,567| |HR|Support|and|I|T|Support|6,921|4,535| |Bad|Debts|-|1,556| |Sundry|Expenses|;|8,594|5,547| |Professional|Fees|6,133|3,993| |417,439|190,867| |NET _SURPLUS/|(DEFICIT)|FOR|PERIOD|(120,606)|71|895|

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