CLIFTONVILLE & COATDYKE COMMUNITY GROUP (A COMPANY LIMITED BY GUARANTEE)
TRUSTEES REPORT AND FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2025
SCOTTISH CHARITY NUMBER SC050029 COMPANY NUMBER SC620462
Chartered Accountants and Registered Auditors 91 Alexander Street Airdrie ML6 OBD
CLIFTONVILLE & COATDYKE COMMUNITY GROUP
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MAY 2025
| CONTENTS | |
|---|---|
| PAGE | |
| Legal and administrative information | 1 |
| Report of the Trustees and Strategic Report | 2 - 4 |
| Independent Examiners Report | 5 |
| Statement Of Financial Activities (incorporating Income and Expenditure Account) | 6 |
| Balance Sheet | 7 |
| Cashflow Statement | 8 |
| Notes to the Financial Statements | 9 - 14 |
CLIFTONVILLE & COATDYKE COMMUNITY GROUP
COMPANY INFORMATION
TRUSTEES WHO SERVED DURING THE YEAR
Appointment Date
Mr Alex Forrest Mrs Helen Barclay (Appointed 7/3/2025) Mr Joseph Holmes Mrs Josephine Maguire
COMPANY SECRETARY
Mr Jim Prunty (Appointed 14/10/2024)
INDEPENDENT EXAMINER
Tony Fraser Cahill Jack Associates Limited Chartered Accountants 91 Alexander Street Airdrie ML6 OBD
BANKERS
Lloyds Bank 61 Merry Street Motherwell ML1 1JS
REGISTERED OFFICE
Coatbridge Community Stadium 12 Quarry Street Coatbridge ML5 3PU
SCOTTISH CHARITY NUMBER SC050029 COMPANY NUMBER SC620462
Page 1
CLIFTONVILLE & COATDYKE COMMUNITY GROUP
TRUSTEES' REPORT FOR THE PERIOD ENDED 31 MAY 2025
The Trustees, who are also Directors of the Company for the purposes of the Companies Act 2006, present their annual report together with the financial statements of the charity for the period ended 31 May 2025 which are also prepared to meet the requirements for a directors' report and accounts for Companies Act purposes.
The financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended), the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Financial Reporting Standard applicable in the UK and Republic of Ireland (SORP FRS 102) (effective 1 January 2019).
LEGAL AND ADMINISTRATIVE DETAILS
Reference and administrative details including the names of trustees who served during the period and details of other relevant organisations are given on the previous company information page.
STRUCTURE GOVERNANCE AND MANAGEMENT
The Charity is constituted as a company limited by guarantee, and is therefore governed by its memorandum of association. It was incorporated on 6 February2019. In the event of the company being wound up, its members are each required to contribute an amount not exceeding £1.
Trustees are elected at the Annual General Meeting and serve for a period of a three years after which 3 trustees retire and offer themselves for re-election if this is in the interests of the charity. Additionally trustees may be co-opted at the regular board meetings during the year until the following AGM. When considering co-opting trustees, the board has regard to the requirement for any specialist skills and geographical representation that may be preferred. Details of appointments and terminations are given on the charity information page.
The board have entrusted the day to day management of the charity to Alexander Forrest, trustee and also established sub groups to assist in certain areas such as fundraising and self management.
The decision was made by the Board to dispense with a full audit of the accounts and instead the attached financial statements have been subjected to an independent examination as allowed in the memorandum.
ORGANISATION STRUCTURES AND DECISION-MAKING
The Charity is organised so that the Trustees meet regularly to manage its affairs and has established a committee structure to assist with decision making with regard to achieving its aims.
Decisions are made at the Board and committee meetings by the trustees with staff members present to where these will facilitate the undertaking of their role within the charity.
The staff running the company fulfil the charity’s aims and deal with the administration of the company.
Detaile of trustees are given on the information page with the accounts.
RISK MANAGEMENT
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to these risks. The board is fully aware of the need to maintain a strategy in pursuit of income streams given the uncertain nature of funding received. The charity continues to work to achieve sustainable long term funding in line with its fundraising strategy.
In addition the charity has safeguards in place in relation to the loss of key personnel and to reduce the risk of fraud and error and maintains a regulated back up procedure and support contract covering its information technology systems. Work is ongoing to ensure the charity continues to comply with GDPR and all current legislation.
Page 2
TRUSTEES' REPORT FOR THE PERIOD ENDED 31 MAY 2025 (continued)
CLIFTONVILLE & COATDYKE COMMUNITY GROUP
OBJECTS OF THE CHARITY, PRINCIPAL ACTIVITY AND ORGANISATION OF WORK
The Charity’s objects and principal activities are as follows:
The advancement of citizenship or communitydevelopment, the advancement of publicparticipation in sport, the provision of recreational facilities and the organisation of recreational activities, with the object of improving the conditions of life for the persons for whom the facilities or activities are primarily intended.
The Board has referred to the guidance contained in the OSCR general guidance on public benefit when reviewing its aim and objectives and in planning the future activities. In particular the trustees consider how planned activities will contribute to the aims and objectives they have set.
REVIEW OF ACTIVITIES AND FINANCIAL TRANSACTIONS
The Charity was initially set up to take ownership of premises which house the bowling hall used by the club. The Charity has now commenced and was fully operational during the year to 31 May 2025.
During the year to 31 May 2021 there was a total of £190,690 received as a grant from The Scottish Land Fund for the purchase of bowling club property required for the implementation of the board's plans for the charity. These costs are included as fixed assets in the period and included in designated funds.
The results for the current year are given within the Statement of Financial Activities and Balance Sheet on the following pages. Total incoming resources amounted to £393,301 with a surplus of £76,535 for the year ended 31 May 2025.
INVESTMENT POLICY AND PERFORMANCE
In accordance with the charity's memorandumand articles of association, the Trustees have the power to invest in such stocks, shares, investments and property as they see fit. The policy is to adopt a low risk investment. All the charity's investments are currently represented by cash held on deposit by the bank in the UK. The Funding sub group is considering a new investment policy based on OSCR guidance.
Page 3
CLIFTONVILLE & COATDYKE COMMUNITY GROUP
TRUSTEES' REPORT FOR THE PERIOD ENDED 31 MAY 2025 (continued)
RESERVES POLICY
The Trustees have examined the requirement to maintain free reserves and concluded that the most appropriate level at this time is around three months of operational expenditure relating to core activities. The charity currently has minimal reserves due to the fact that it has not started any operations.
Restricted funds arise from grants and donations given for specific purposes to aid the charity to fulfil its objectives. Each fund is only utilised as and when specific expenditure is incurred that directly relates to the purpose for which the grant or donation was given.
Designated funds relate to the purchase of the bowling club property which is included as an asset in the charity's Balance Sheet.
PLANS FOR FUTURE PERIODS
With ownership of the property now secured, the Charity plans to develop the premises to offer improve facilities and enhance the opportunities from the bowling hall.
STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees (who are also directors of Cliftonville and Coatdyke Community Group for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to
-
Select suitable accounting policies and then apply them consistently;
-
Observe the methods and principles of the Charity SORP;
-
Make judgments and estimates that are reasonable & prudent;
-
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
VOLUNTEERS
Many volunteers, including the trustees, give up their time to help the charity fulfil its objectives. This has been in a variety of ways from helping with administrative duties, developing the podcast and social media to facilitating self help groups. The Board are greatly indebted to all volunteers for their commitment and support.
APPROVAL
This report was approved by the board of Trustees and signed on its behalf.
Mr Alex Forrest Trustee
Dated 11 August 2025
Page 4
INDEPENDENT EXAMINERS’ REPORT TO THE MEMBERS OF CLIFTONVILLE & COATDYKE COMMUNITY GROUP FOR THE PERIOD TO 31 MAY 2025
I report on the accounts of the charity for the period ended 31 May 2025 which are set out on pages 6 to 14.
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.
The charity trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the 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 any 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
-
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 8 of the 2006 Accounts Regulations have not been met, or
-
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Tony Fraser
Tony Fraser CA Institute of Chartered Accountants of Scotland
Cahill Jack Associates Limited 91 Alexander Street
Airdrie ML6 0BD
Dated 11 August 2025
Page 5
CLIFTONVILLE & COATDYKE COMMUNITY GROUP
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE PERIOD TO 31 MAY 2025
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies: Small donations of £1500 and less NLC Grants VANL Action Grant National Lottery Community Fund Robertson Trust Postcode Lottery Income from charitable activities: Bowling income Bar Income Café Income Café rental income Rental income from CIBC Game Machine Income Hall Hire and Functions Sundry Income Income from other trading activities Income from fundraising by and on behalf of the charity Investment income Interest received 4 Total incoming resources EXPENDITURE 2 Costs of generating funds: Expenditure on raising funds legacies and grants Expenditure on charitable activities: Running costs of charity Other costs Total resources expended Net income/(expenditure) and net movement in funds for the year Transfers between funds Reconciliation of funds Net movement in funds 8 Total Funds brought forward Total Funds carried forward |
Restricted Designated Unrestricted Restricted Designated Unrestricted Funds Funds Funds 2025 Funds Funds Funds 2024 Total Total Total Total Total Total Total Total £ £ £ £ £ £ £ £ - 6,568 6,568 - 1,179 1,179 37,546 - 37,546 - - - 5,178 5,178 - - - 61,968 - 61,968 31,420 - 31,420 8,000 8,000 8,000 8,000 35,000 35,000 - - 74,188 74,188 69,154 69,154 95,065 95,065 125,407 125,407 4,480 4,480 - - - - 3,546 3,546 14,800 14,800 14,000 14,000 647 647 580 580 - 38,682 38,682 - 31,336 31,336 8,664 8,664 15,529 15,529 - - - - 2,016 2,016 8,620 8,620 - - - - - - - - - - 1,099 1,099 1,174 1,174 |
|---|---|
| 99,514 - 294,387 393,901 31,420 - 278,524 309,944 |
|
| - - - - - - 90,901 27,217 195,207 313,326 31,420 25,550 207,743 264,713 - 4,040 4,040 - 6,225 6,225 |
|
| 90,901 27,217 199,247 317,366 31,420 25,550 213,968 270,938 |
|
| 8,613 (27,217) 95,140 76,535 - (25,550) 64,556 39,006 - - - - - - |
|
| 8,613 (27,217) 95,140 76,535 - (25,550) 64,556 39,006 0 155,768 127,925 283,693 0 181,318 63,369 244,687 |
|
| 8,614 128,550 223,064 360,228 0 155,768 127,925 283,693 |
The statement of financial activities includes all gains and losses recognised in the year.
All incoming resources and resources expended derive from continuing activities.
Page 6
CLIFTONVILLE & COATDYKE COMMUNITY GROUP
BALANCE SHEET AS AT 31 MAY 2025
| Notes FIXED ASSETS Tangible fixed assets 5 CURRENT ASSETS - due within one year Prepayments and other debtors 6.1 Stock Cash at bank and in hand 12 CREDITORS - amounts falling due within one year Other creditors and accruals 6.2 NET CURRENT ASSETS NET ASSETS FUNDS Unrestricted funds Designated fund Restricted funds 7 TOTAL FUNDS 8 |
2025 £ £ 140,581 7,899 5,417 226,492 239,807 (20,160) 219,647 360,228 223,064 128,550 8,613 360,228 |
2025 £ £ 140,581 7,899 5,417 226,492 239,807 (20,160) 219,647 360,228 223,064 128,550 8,613 360,228 |
2024 £ £ 143,705 3,100 5,828 134,731 143,659 (3,672) 139,988 283,693 127,925 155,768 0 283,693 |
2024 £ £ 143,705 3,100 5,828 134,731 143,659 (3,672) 139,988 283,693 127,925 155,768 0 283,693 |
|---|---|---|---|---|
| 360,228 | 283,693 | |||
| 223,064 128,550 8,613 |
127,925 155,768 0 |
|||
| 360,228 | 283,693 |
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2025.
The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for:
(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The trustees have prepared the 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 constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company.
The notes at pages 7 to 14 form part of these accounts
Approved by the board and signed on its behalf.
Mr Alex Forrest Director and Trustee
Dated 11 August 2025
Page 7
CLIFTONVILLE & COATDYKE COMMUNITY GROUP
CASH FLOW STATEMENT FOR THE PERIOD ENDED 31 MAY 2025
| Notes Cash flows from operating activities Net cash generated from operating activities 12 Change in cash and cash equivalents in the year Cash and cash equivalents brought forward Cash and cash equivalents carried forward 12 |
2025 £ 91,761 91,761 134,731 226,492 |
2024 £ 37,091 |
|---|---|---|
| 37,091 97,640 |
||
| 134,731 |
Page 8
CLIFTONVILLE & COATDYKE COMMUNITY GROUP
NOTES TO THE ACCOUNTS FOR THE PERIOD TO 31 MAY 2025
1 ACCOUNTING POLICIES
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
1.1
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 1st January 2019) - (Charities SORP (FRS 102) and the Companies Act 2006. The Trustees have chosen to adopt the Update Bulletin 1 which exempts the charity from the need to prepare a Statement of Cash Flows. Although th charity is entitled to prepare accounts on th receipts and payments basis, the board have also chosen to apply FRS 102 based on estimations of incoming resources for subsequent years.
The presentation currency is pound sterling. Last year's amounts relate to the period ended 31 May 2025.
Cliftonville & Coatdyke Community Group meets the definition of a public benefit entity under FRS 102.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
In December 2019, disease Covid-19 caused by a coronavirus started circulating across the world, and was declared a pandemic in March 2020. On 13 March the UK government advised against all nonessential travel and for individuals to stay at home. This has caused a significant change to the activities with the closure of our premises and our staff needing to work remotely.
The Charity was able to adapt to the restrictions brough in to cope with the Covid-19 pandemic and continued to deal with the administartion of the Charity remotly. With the pandemic nearing its end the Charity has now reopened and now functioning as normal.
The trustees consider the charity to be a going concern given the continued support of its staff and members. The year end accounts have therefore been prepared on a going concern basis.
1.3 Incoming resources
Government and other grants
Grants of a revenue nature are recognised in full in the Statement of Financial Activities in the period which they relate to. Grants received towards the costs of the charity’s general programme are added to unrestricted funds. Grants received towards specific types of expenditure are added to restricted funds. Grants of a capital nature are allocated to a designated fund. The related asset is capitalised and the associated depreciation charge is then set off against the designated fund. Grants relating to specific periods are included within deferred income where the period is after the year end.
Voluntary income and donations are accounted for by the charity as received, except when the donors
specify that they must be used in future accounting periods or donors conditions have not been fulfilled then the income is deferred. Legacy income is recognised when receipt is probable and the amount can be accurately determined. The income from fundraising ventures is shown gross, with the associated costs included in fundraising costs. Donations, legacies or fundraising income received for a particular purpose are treated as restricted funds.
Investment income
Any investment income is included in the statement of financial activities in the year in which it is received. Investments held are all cash in nature.
Page 9
CLIFTONVILLE & COATDYKE COMMUNITY GROUP
NOTES TO THE ACCOUNTS FOR THE PERIOD TO 31 MAY 2025
1 ACCOUNTING POLICIES - continued
1.4 Expenses
All expenditure is included on an accruals basis and is recognised where there is a legal or constructive obligation to pay for expenditure. Where possible individual costs have been directly attributed to specific activities and expended in the SOFA against the fund that they relate to. Where costs are attributable to more than one activity, they have been apportioned across the cost categories on a on a basis consistent with the split of employee hours spent on the various activities.
1.5 Fund accounting
Restricted funds are funds which are used in accordance with specific restrictions imposed by the donors or which have been raised by the Charity for particular purposes.
Other charitable funds are unrestricted funds which are available for use at the discretion of the Board Members in furtherance of the general objectives of the charity.
Designated funds relate to the purchase of bowling club property and include all related costs with regards to the bowling club. The property is included within assets in the balance sheet.
The nature and purpose of each restricted fund is as detailed in note 7 to the accounts.
1.6 Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. These are identified as debtors and creditors with no stated interest rate and receivable or payable within one year. Cash and cash equivalents are comprised of cash at bank and in hand.
These basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.
1.6 Taxation
The charity is exempt from corporation tax on its charitable activities.
Page 10
CLIFTONVILLE & COATDYKE COMMUNITY GROUP
NOTES TO THE ACCOUNTS - CONTINUED FOR THE PERIOD TO 31 MAY 2025
| 2 EXPENSES BREAKDOWN Restricted Designated Unrestricted £ £ £ Costs of generating funds: Expenditure on raising donations, legacies and grants: - Credit card machine and online donation charges - Other fundraising costs - - - Expenditure on charitable activities: Running costs of charity: Bar Purchases 32,556 Canteen Costs - Promotional costs - Cost of living campaign costs - Gaming Machine Costs 284 Salary costs 42,154 90,415 Subcontract Salary Costs: 39,054 - Gas, Electricity Insurance and Water 44,601 Card Reader Costs 1,389 Printing, Stationery 1,411 Repairs and maintenance 4,361 24,093 - Equipment Costs 452 Computer Costs - Licenses 690 General 5,333 10,540 Donation to CIBC - Cleaning 10,759 Alarm and CCTV 2,110 Property Depreciation 3,124 - 90,901 27,217 195,207 Other costs: Legal and professional including stocktaking fees 640 Independent examiner's fee 3,400 Bank interest paid - - - 4,040 Total expenses 90,901 27,217 199,247 3 STAFF COSTS AND TRUSTEES' REMUNERATION Employment Costs Salary costs Subcontract Wages Costs Pension costs Social Security costs The average weekly number of staff employed was as follows: Total No employee received remuneration of more than £60,000 and no trustees' remuneration was paid. No expenses reimbursements were paid during the year. |
Restricted Designated Unrestricted £ £ £ - - |
2025 Restricted Designated Unrestricted £ £ £ £ - - - - - |
2024 £ - - - |
|---|---|---|---|
| - - - |
- - - - |
- | |
| 32,556 - - - 284 42,154 90,415 39,054 - 44,601 1,389 1,411 4,361 24,093 - 452 - 690 5,333 10,540 - 10,759 2,110 3,124 - |
32,556 55,798 - - - 8,565 - - - 284 148 132,569 83,342 39,054 22,855 6,526 44,601 39,631 1,389 730 1,411 2,069 28,454 22,426 5,712 452 5,997 - 344 690 693 15,873 6,753 - - 10,759 - 2,110 - 3,124 3,124 - |
55,798 - 8,565 - 148 83,342 29,381 39,631 730 2,069 28,138 5,997 344 693 6,753 - - - 3,124 |
|
| 90,901 27,217 195,207 |
313,326 31,420 25,550 207,743 |
264,713 | |
| 640 3,400 - |
640 2,987 3,400 2,800 - 439 |
2,987 2,800 439 |
|
| - - 4,040 |
4,040 - - 6,225 |
6,225 | |
| 90,901 27,217 199,247 |
317,366 31,420 25,550 213,968 |
270,938 | |
| 2025 £ 132,569 39,054 - - 171,623 10 |
2024 £ 83,342 29,381 - - |
||
| 112,723 | |||
| 10 | |||
Page 11
CLIFTONVILLE & COATDYKE COMMUNITY GROUP
NOTES TO THE ACCOUNTS - CONTINUED FOR THE PERIOD TO 31 MAY 2025
| 4 INVESTMENT INCOME Bank interest received in the UK 5 TANGIBLE FIXED ASSETS Cost: B/fwd Disposals Additions At 31 May 2025 Depreciation: B/fwd On disposals Charge for the year At 31 May 2025 Net book value At 31 May 2025 Net book value At 31 May 2024 6.1 CURRENT ASSETS - AMOUNTS FALLING DUE WITHIN ONE YEAR Prepayments and other debtors Prepayments Other Debtors CIBC refunds due 6.2 CREDITORS - AMOUNTS FALLING DUE WITHIN ONE YEAR Paye Nic due Vat outstanding Deferred income (as detailed below) Other creditors and accruals Deferred income - grant for Summer Fete July 2024 |
2025 £ 1,099 |
2024 £ 1,174 |
|---|---|---|
| 1,099 | 346 | |
| 2025 £ 7,899 - |
Land and Buildings £ 156,202 - - |
|
| 156,202 | ||
| 9,372 - 3,124 |
||
| 12,496 | ||
| 143,706 | ||
| 146,830 | ||
| 2024 £ 3,100 - |
||
| 7,899 | 3,100 | |
| 2025 £ 2,058 302 - 17,800 |
2024 £ 542 330 - 2,800 |
|
| 20,161 | 3,672 | |
| - | - |
Page 12
CLIFTONVILLE & COATDYKE COMMUNITY GROUP
NOTES TO THE ACCOUNTS - CONTINUED FOR THE PERIOD TO 31 MAY 2025
- 7 RESTRICTED FUNDS
| RESTRICTED FUNDS National lottery community fund NLC Grants for various events Total as at 31 May 2025 |
Total Incoming Charitable Inter Total Funds Resources Expenditure Fund Funds b/fwd Transfers c/fwd £ £ £ £ £ - 61,968 (61,968) - - 37,546 (28,933) 8,613 |
|---|---|
| - 99,514 (90,901) - 8,613 |
Details of funds: Name of fund/provider
Purpose of fund
National lottery community fund NLC Grants
Funded by National Lottery to support LS Salary and promotion costs Funded by North Lanarkshire Council for following events Carbon worshops
Youth programme reel time music Garden equipment. Community Garden Christmas and summer events programme Architect feasability report on buiding structure alterations Volunteer costs
| UNRESTRICTED FUNDS Unrestricted Funds Total as at 31 May 2025 DESIGNATED FUNDS Scottish Land Fund NLC Total as at 31 May 2025 |
Total Incoming Charitable Inter Total Funds Resources Expenditure Fund Funds b/fwd Transfers c/fwd £ £ £ £ £ 127,925 294,387 (199,247) - 223,064 |
|---|---|
| 127,925 294,387 (199,247) - 223,064 |
|
| Total Incoming Charitable Inter Total Funds Resources Expenditure Fund Funds b/fwd Transfers c/fwd £ £ £ £ £ 155,768 - (27,217) - 128,550 |
|
| 155,768 - (27,217) - 128,550 |
Details of funds:
Name of fund/provider Purpose of fund Scottish Land Fund nlc Fund set up to manage the acqisition and improvement of bowling club facilities.
| 8 ANALYSIS OF NET ASSETS BETWEEN FUNDS Fund balances are represented by: Tangible fixed assets Other debtors Stock Cash at bank and in hand Creditors due within one year |
Restricted Designated Unrestricted 2025 2024 £ £ £ £ £ - 143,706 (3,124) 140,581 143,705 7,899 7,899 3,100 5,417 5,417 5,828 8,614 (15,155) 233,033 226,492 134,731 - - (20,160) (20,160) (3,672) |
|---|---|
| 8,614 128,550 223,064 360,228 283,693 |
| 10 | LEASING AND CAPITAL COMMITMENTS | ||
|---|---|---|---|
| Operating lease commitments | |||
| Minimum lease payments fall due to be paid as follows: | 2025 | 2024 | |
| £ | £ | ||
| Within 1 year | - | - | |
| Between 1 and 5 ears | - | - |
Within 1 year Between 1 and 5 years
Capital commitments:
There were no capital commitments outstanding at the year end.
-
11 Volunteers
-
In common with other charities the trustees benefit from the contribution made by volunteers who give their time and talents willingly to help the charity achieve its main purpose.
Page 13
CLIFTONVILLE & COATDYKE COMMUNITY GROUP
NOTES TO THE ACCOUNTS - CONTINUED FOR THE PERIOD TO 31 MAY 2025
| 12.i | Reconciliation of net movement in funds to net cash flow from | operating activities | |
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Net income for the year (as per Statement of Financial Activities) | 76,535 | 39,006 | |
| Adjustment for: | |||
| Purchase of tangible fixed assets | - | - | |
| Depreciation | 3,124 | 3,124 | |
| (Increase)/decrease in debtors | (4,799) | 298 | |
| (Increase)/decrease in stock | 412 | (432) | |
| Increase/(decrease) in creditors | 16,489 | (4,906) | |
| Net cash flow from operating activities | 91,761 | 37,091 | |
| 12.ii | Analysis of cash and cash equivalents movement | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Cash in Bank and in hand brought forward | 134,731 | 97,640 | |
| Movement in Bank and cash on hand | 91,761 | 37,091 | |
| Cash at bank and in hand carried forward | 226,492 | 134,731 | |
| 12.ii | Analysis of bank and cash balances | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Bank current accout | 0 | 0 | |
| Bank capital Account | - | - | |
| Lloyds current account | 132,814 | 75,808 | |
| Lloyds savings account | 50,000 | 50,000 | |
| Bank of Scotland current account | 37,604 | 5,650 | |
| Cash balance | 6,073 | 3,272 | |
| 226,492 | 134,731 |
13 Members Guarantees
The company has no share capital. The liability of the members is limited by guarantees from each member, not exceeding £1.
Page 14