Trustees Annual Report and Financial Statements: Ceangail Training Academy SCIO Scottish Charity No - SC049598 Year End 31[st] December 2022
Trustees Annual Report
For the year ended 31[st] December 2022
The trustees have pleasure in presenting their report together with the financial statements for the year ending 31[st] December 2022
Reference and Administrative Information
Charity name:
Ceangail Training Academy SCIO
Charity No
SC049598
Address:
Springfield House
Laurelhill Business Park
Stirling
FK7 9JQ
Current Trustees
==> picture [79 x 57] intentionally omitted <==
Chair Treasurer
Structure, Governance and Management
Constitution
The charity is a Scottish Charitable Incorporated Organisation (SCIO). It was registered on 11[th] September 2019.
Appointment of Trustees
Trustees are elected at the annual general meeting which is held in March. There is a space on the committee for a secretary and the board are looking to fill this as soon as possible.
Objectives and Activities
Charitable purposes
The advancement of education. The advancement of citizenship or community development. The advancement of the arts, heritage, culture or science.
Activities
Our chair has engaged in fundraising activities this year and raised a donation from 1 national company.
Financial Review
1 Donation and one fundraising activity in the year.
Plans for the future
Funds to be raised to appoint a full time member of staff in order to deliver the objectives of the charity.
Statement of Receipts and Payments for the year ending 31[st] December 2022
| Unrestricted | Restricted | Year Ended | |
|---|---|---|---|
| Funds | Funds | 31/12/2022 | |
| Receipts | |||
| Donations | - | - | - |
| Grants | - | - | - |
| Fundraising | - | - | - |
| Bank Interest | - | - | - |
| Receipts from Charitable | |||
| Activities | - | - | - |
| Total Receipts | - | - | - |
| Payments | |||
| Fundraising costs | - | - | - |
| Governance costs | - | - | - |
| Equipment | - | - | - |
| Total Payments | - | - | - |
| Surplus/Deficit | - | - | - |
Statement if Balances as at 31[st] December 2022
| Unrestricted | Restricted | Year Ended | |
|---|---|---|---|
| Funds | Funds | 31/12/2022 | |
| Opening cash at bank | - | - | - |
| Surplus/Deficit for the year | £1,695 | - | - |
| Closing cash at bank | £1,695 | - | - |
| Bank and Cash Balances | |||
| Bank account | £1,695 | - | - |
| Savings account | - | - | - |
| Other Assets | |||
| Equipment | - | ||
| Fees to be paid | - | ||
| Liabilities | |||
| PAYE | - |
Notes to the accounts - for the year ended 31[st] December 2022
1 Basis of accounting
These accounts have been prepared on the Receipts and Payments basis in accordance with the
Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended)
2 Nature and purpose of funds
Unrestricted funds are those that may be used at the discretion of the trustees in furtherance of the objects of the charity. The trustees maintain a single unrestricted fund for the day-to-day running of the charity.
Restricted funds may only be used for specific purposes. Restrictions arise when specified by the donor or when funds are raised for specific purposes.
3 Donations
| Unrestricted | Restricted | Year Ended | |
|---|---|---|---|
| Funds | Funds | 31/12/2022 | |
| None | - | - | - |
| - | - | - | |
| 4 Grants received | |||
| Unrestricted | Restricted | Year Ended | |
| Funds | Funds | 31/12/202 | |
| None to date | - | - | - |
| 5 Cost of charitable activities | |||
| Unrestricted | Restricted | Year Ended | |
| Funds | Funds | 31/12/2022 | |
| Wages and NI | - | - | - |
| Insurance | - | - | - |
| Rent | - | - | - |
Fuel - - -
6 Governance Costs
| Unrestricted | Restricted | Year Ended | |
|---|---|---|---|
| Funds | Funds | 31/12/2022 | |
| None to date | - | - | - |