NEW 2 YOU (AYRSHIRE) FINANCIAL AND TRUSTEES REPORT 30 September 2022 Accounts Charlty Number SC049917
NEW 2 YOU (AYRSHIRE) YEAR ENDED 31 December 2021 CONTENTS Trustees annual report Independent examiner's report to the trustees Statement of financial activities Balance sheet Notes to the financial ststements Spreadsheets
NEW 2 YOU (AYRSHIRE) TRUSTEES ANNUAL REPORT YEAR ENDED 31 Docember 2021 Th¢ trustees psent their r¢p)rt and the fll]ancial 5tat¢ments of thc charity for the year ¢nded 31 Decemb¢r 2021. Reglstered eharfty name New 2 You (Ayrshire) Charity nllmb¢r SC049917 Principal offi¢e 51 Main Str Dunlop KA3 4AF Th¢ tru8tee8 The trust$ who served the charity during the period w¢r¢ as follows:
NEW 2 YOU (AYRSHIRE) TRUSTEES ANNUAL REPORT {conUftu YEAR ENDED 31 December 2021 IDdepeTrdent examlDer STRUCTURE, GOVERNANCE AIW MANAGEM Governing Dllellt The ChaTity is athninistered in a¢)thnce with th¢ tsrnis of the Constitution. Recruitment and Appointment of Truste¢s Th¢ Charity trustees are chosen from those volunteers from the commw)ity who ar¢ considered to have the appropriate gifts and skills. Members of the local community are invited to volunteer and ar¢ then appolnted as Intste¢s atth¢ Amiual G¢n¢ral M¢¢tin8. At the AGM on¢ third of the trustees will retire. Orynisational Stru¢turt The Intee$ are responsible for all mattffs Trn relation to th¢ Chority. The trusl¢¢s m¢et twice per year and at other times as required. Day to day management is ¢arri¢d out by the offi¢¢ bearers and a Management T¢am composed of the Chair. Secretsry and TTwurer. The organisation's purN)s¢s are: the prevention or relief of p)v¢rty amon8 people living or working in Ayrshi, by providing: items and s¢rvi¢¢s to individuals in need andlor chariti¢s OT l)th¢r organisations working to prevent or rtlieve poverty. To achiev¢ these purposes we operats a Charity Shop in Stewarton which s¢lJs donated items at &ffordabl¢ prftces and offers fr¢e items to persons in ne¢41 who either self-identify or are thrr¢d by local organisattons. The profits fromth¢ Shop are donated, in the forniof grants to appropriate organisations who ar¢ working to prevent or reliev¢ poverty. In 2021 these grants w¢K mad¢ to East Ayrshire Food Bank ACHIEVEMEs AM) PERFORMANC 2021 wasanother challengingyear forourCh8rity asthe global COVID-19 pand¢mic contlnued. There wer¢ periods when w¢ were unable to oper* our Shop and when we did Trop¢n there were significant restrictions in place. The ongoing pand¢mi¢ did however mean that we wer¢ the re¢ipients of a continued busin¢ss support grants whioh have h¢lped to improve our financial slability and allowed us to ¢nsure that we have r¢seryes of at least one year's rnmiing costs. Our more prominent position close to th¢ cross in Stewarton oontinues to h&ve a positiv¢ impact with posttive with donations and customers and volunteer nwnbers all increasin& We have b¢en able to Provide toys, books, clothing and household goods to local people in need and we have mad¢ financial donations to East Ayrshire Food Bank. Whilst this has been challenging period to tabliSh a new charty iti w¢ ¢ontinu¢ to feel positive about the future as we hav¢ managed to establish an identity and a viable shop which will is now fa¢ilitsting the rdistribution of donated items to peopl¢ in need and the raising of fimds to make grants to fulfil our purposes.
NEW 2 YOU (AYRSHIRE) TRUSTEES ANNUAL REPORT {¢onUnu&fj YEAR ENDED 31 December 2021 FllYANCIAL REVIEW Inwme for 2021 £33,963 This in¢lud¢d Covid gtints of £19,000 from Fast Ayrshire Coun¢il, and £10, 386 r¢s¢rY¢s. Expenditkre for 2021 £15,001 It is th¢ Trustees policy to hold reseryes of approximatsly 12 months expenditurn (£10.444). At th¢ year end our reserye fund is £29,249 TRUSTEES, RESPONSIBILITES lly REIATION TO THE FINANCIAL STATEMXNTS The charity trwste¢s are responsible for preparing a trnstee4 annual report and financial ststement in accordance with applicablelawand UnitedKingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Th¢ law appli¢abl¢ to charities in Swtland requires the charity trustees to prepare financial stst¢m¢nts for each year whi¢h show a true and fair view of the state of affairs of the charity and of the incoming resources and application of resour$, of th¢ charity for that period. In preparing the financial st&tement4 the tru5te¢s are required to: select suitsble a¢¢ounting policies and them apply them consist¢ntly' observe the m¢thod and prin¢iple in the appli¢able Charities SORP. make jud8ements and estimatss that are reasonable and prudent, state whether applicable accounting standard and statements of rewmmended practice have been followed, subject to 8ny departur¢s disclosed and explained in the financial statements: prepare th¢ financial statements on the going concernbasis uo1¢5S It is inappropriats to presume that the charity will ¢ontinue in operational ¢xist¢n¢e. Th¢ tnlstees are responsible for keeping proper a¢¢ounting records whi¢h disclos¢ with re&wnable acCUrY at any tim¢ the financial w)sition of the charity and to enable them to ensure that the fllwicial statement comply with the Charities and Trustee Invesknent (Scotland) Act 2005 and the Charities A¢¢ounts (S¢otlaThJ) Regulations 2006 (as amended). They ar¢ also responsibl¢ for safeguarding th¢ &ssets of the charity and hence for tsking reasonable steps forth¢ prevention and detection of fraud and or other irregularities. Legislation in the United Kingdom governing th¢ preparing and dissemination of financial statement may differ from l¢gislatton in oth¢r jurisdictions. llYDEPENDE EXAMINER Alistatr Watt h&s been apInted a5 independent examiner for the ensuing year. Si8n¢d on behalf of the trustees Chait NEW 2 YOU (Ayrshire)
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NEW 2 YOU (AYRSHIRE) YEAR ENDED 31 December 2021 I rewrt on the acllnts for th¢ clwity for the year ended 31 D¢cember 2021 set out in th¢ attached SPTeadslK¢ts. The charity's trustees ore responsible forth¢ preparation of the aexounts in accord with th¢ t¢rn]s of the Charities and Trustee Jnv¢5tment (Scotland) Act 2005 and the Charities Accounts (S¢otlaJJd) Regulations 2006. The ¢harity tmstees consider that th¢ audit requirement of Regulation 10(IXa)to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the ac¢ounts as r¢quiTed under se¢tion 44(1)(C) of the Act and to ststs whether particul8r matters have come to my attention. Bg8i8 of iDdependent ex8miner'8 report My examination is ¢arried out in accoTdan¢¢ with Regulation 8 of the Charitie5 Accounts (Scotland) Regulations 2006. An examtnation in¢ludes a review of the accountingrecords kept by the Gharity and a ¢ompari80n of the accounts presenl¢d with those records. It also in¢lud¢s ¢onsideTation of any unusual items or disclosures in the accounts 8nd s¢¢ks explanations from th¢ trJst¢¢s concerning such matters. The proc¢dures und¢rtak¢n do not provide all the ¢viden¢e that would be required in an audit and. ¢ons¢qu¢ntly, I do not express an audit opinion on the vi¢w given by th¢ accounts. Indep¢ndent exAmIne$ r¢pDrt In the course of my ¢xaminalion no tllatt¢r h&8 come to my attention: . which gives me reasonable caus¢ to believ¢ that in any material respect th¢ requirements: to k¢¢p OuntingrCwrdS in accordance with Section44(IXa) of the 2005 A¢t and Regulation 4 of the 2006 A¢counts Regulations, and to prepare accounts which a¢cord with the accounting records and comply with R¢8ulation 8 of th¢ 2006 Accounts Regulations have not b¢¢n m¢L or 2. to which, in my opinion, attenlion should be drawn in order to ¢nable a proper wid¢rstanding of the accounts to be reached.
NEW 2 YOU (AYRSHIRE) STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEPABER 2021 These financial stst¢nwnts have been prepawj in accorda with the Financial Reportin8 Standard for Smaller Entities (¢ffe¢tiv¢ January 2015). These financial statements wer¢ approved bythe members of the committe¢ and authorised for issue on the ...3019122....... and are signed on th¢ir behalf by: Chair
NEW 2 YOU (AYRSHIRE) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 December 2021 ACCOUNTING POIICIES Bsi8 of accounthig The financial statements have been prepared under the historical ¢ost wnv¢ntion, as modified by the revaluation of certain fix¢d assets and inv¢stm¢nts m¢a5ured at market value. The fm8n¢ial statements have been pr¢pared in accordance with the Financial Reporting Standard for Smaller Entities (effe¢tive January 2015), and the requirements of A¢couDting and Rcporting by Charities: Slatement of Recomm¢nded PTa¢tice applicableto charities prepIngth¢Ir acwunts in accordan with th¢ Finan¢ial Reporting Standard for sMl¢r Entries (effective January 2015) (SORP 2015). Fund •ceountlng All funds are classified as unrestri¢td fund dcfjned as follows. Unr¢strAct¢d fimds aT¢ ¢x*ble at the discretion of the tnte¢S in the furth¢r&nc¢ of the objeots of th¢ charity. If parts of the unT¢stri¢ted funds are eammrkd at the dis¢retion of th¢ trustees for particular purpose. they ar¢ designated as a s¢parate fvnd. This designation has an administrative purpos¢ onty and does not legally Testrict th¢ trustees, disGretion to apply the fund. Resourw expended Expenditu is re¢ognised on an a¢crnalsbasis asthe liability is incurred. Expenditure includ¢s VAT which ¢annot be thlly re¢overed, and is reported as part ofthe expenditur¢to which itrelates: Charitabl¢ expenditure comprises costs incurred by the charity in the delivery of its activiti¢8 and s¢rY1$ for its b¢nefi¢iaries. It in¢ludes both s>)sts that caft be all(ted dirdy to such activities and those rA)sts of an Indi¢t nature nSary to support them. Support costs includ¢ those costs aswiated with meeting th¢ constitittional and statutory T¢quir¢ments of the charity and include th¢ ind¢pendent ¢xamin¢rf$ fee and ¢osts linked to the strat¢gi¢ maftagem¢nt of th¢ ¢harity. All costs ar¢ allOted between the exp¢nditure categori¢s of the SOFA on a basis designed to refiect th¢ use of th¢ resource. All fixed ass¢ts 8r¢ initialty rrtordd at wst.
NEW 2 YOU (AYRSHIRE) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 December 2021 ACCOiJWnNG POUCtES In¢omlng re8ouNes All incoming resources are included in the statement of financial activities when th¢ charity is entitled to the income and the amount ¢an be quantified with r¢asonabk accura¢y. The ft?Ilowing specific polici¢s are applied to P8rtAculaT ¢at¢gori¢s of income. Voluntary income is rer¢iv¢d by way of grants and donations akd xs included in full in th¢ Stat¢ment of Financial A¢tiviti¢s when r¢¢¢ivable. Gran14 wher¢ ¢ntiil¢m¢nt 1$ not ¢onditional on the deliv¢ry of a specific performance by the charity, are recogllis¢d when th¢ chaTity becomes unconditionally ¢ntitled to the grant. Tax8tlon New 2 You (Ayrshi) is recognised as acharity forthe purposes of applicabl¢ taxation legislation and is therefore not subiecttotaxation on its oharitable activities. The charity is not regist¢red for VAT and resources ¢xp¢nded therefore include ir¢coverable iJ)PMt VAT.
APPENDfx2 ÈAierciariiynaMe tsElryoJ New2You Ayrshlre Recel SC049917 OSCR and payments accounts Forthe ptyrtod tmm Scottish crty Reguktor JOry ZW21 OttembeT 20 Section A Statcinent ol rcceipls aiid payinci)ts ExyndoiTrL• P•mi•rÈ•nt Total ldI ¢uimrrt wlo¢l Total lund6 Id8t full nd¥ fvndty tsra•r•#¢ A1 Rrt•l DNstic 3,082 Grants 14100 19,1QO 11,800 4A14 R8t4pts Gros8 tr8diry rec Income land bulldlr Rontsfrtym ltrJ & bJ[r A2 R•e•lpts froffl ag0rt& a3,963 5&963 A3 Pym•rts 501 7,740 paymènts INv8s1menl mllemAntea1s P4ymants rd8fin9dlrthtycaritai4& 8CtMlhs Gr8nt$8nd dwBlor Govmanc eo8t& AuditlindThj8nI •mMIAtion Lègd¢>Jsts Alst totsl 14ODI A4 Payrnents telatlng toaMet•nd Inw8tsm0nt m¢Mmorht• Pordsesoffjx•J8$8et¥ Purchosèof uwéstmthts rot•lp•)7nWrf¥ 15.001 I&M2 1Q386 A5Tran8f•rn to l (l*ThI fuDdB SuJplu81(d•ffdO forjwr
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AP4 2 New2You Ayrshlre SC049917 Section C Notes to the Accounts Cl Ilature and purpo8• of funds (ffmy be stated on analyw offvnds Fwl$ •rè uJforthe orrdWofpo¥etyamrvJ p80th Ihfjng orvthing In Awsl4re. bywovidinig.. grants. #ems 8nd lo IrKIldu8kn kn rwd •ndlortsrthes, ef oVrorg8Twtsortsw to pr10r Tel p)¥orty Typo of a¢iivtty or proJgGt $upported C2 Grants East A hKe Food Bank 4500 Total 4SOO C30 Trts r•muneratlon Ifno remuneTrbon was paid ViDdto onytha1itytrte8 OT PEr81 nneCtsd a tnstee tm8sthk4 box (otheThCompbtsgeththI 3b} Authorlty under whiGh pald Cab Tru8te• remunoratlon- d•tsl C4a Truth• p•n$ If I9Xpen p8KI lo any ¢h8rltytiu#ieèdurirpJ Ihe perfodlhon cros5 thts b {0188 (x)mk wtion4bl 114mb•rof C4b Trusts• ex•0$. d•tal Nature of rglatlon8hl Naturo of transactlon •ThouThtW tyJl•larrtW•I C6 TranetIonS wlth tN¥tO•8 ¢6 Othfftf Infonnatton 21 oxf r*Jrnlv¥slM 1)IN$ Oarnber2007
New2You Ayv8hlrn SC049917 Additional diialysi$111 kn•ty•l• ofr•¢elptswW pwn•nts rt•#t 3,1182 T)IilkiiFyrfud 19,D 1Tr) 19,100 13 t4 Tclal 400 31 2f3 79 79 140 112 Elec T•tyi 2Q4
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