**REGISTERED CHARITY NUMBER: SC050495** 

**Report of the Trustees and Financial Statements for the Year Ended 31 March 2025** 

**for** 

**Under One Roof Scotland** 

Brett Nicholls Associates Herbert House 24 Herbert Street Glasgow G20 6NB 



## **Under One Roof Scotland** 

**Contents of the Financial Statements for the Year Ended 31 March 2025** 


**----- Start of picture text -----**<br>
Page<br>Reference and Administrative Details   1<br>Report of the Trustees   2 to 4<br>Independent Examiner's Report   5<br>Statement of Financial Activities   6<br>Balance Sheet    7<br>Notes to the Financial Statements   8 to 15<br>**----- End of picture text -----**<br>




## **Under One Roof Scotland** 

## **Reference and Administrative Details for the Year Ended 31 March 2025** 

## **TRUSTEES** 

## **PRINCIPAL ADDRESS** 

## **REGISTERED CHARITY NUMBER** 


c/o Brett Nicholls Associates Herbert House 24 Herbert Street Glasgow G20 6NB 

SC050495 

## **INDEPENDENT EXAMINER** 

Brett Nicholls Associates Herbert House 24 Herbert Street Glasgow G20 6NB 

## **BANKERS** 

Co-operative Bank PO Box 250, Delf House Skelmersdale WN8 6WT 

Page 1 



## **Under One Roof Scotland** 

## **Report of the Trustees for the Year Ended 31 March 2025** 

The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of 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). 

The organisation, which has existed for a number of years under the umbrella of larger organisations (Royal Incorporation of Architects in Scotland and Changeworks), was formed into a stand-alone charity on the 23rd September 2020. 

## Membership is open to: 

- any individual aged 16 or over who is the owner of a tenement flat (tenement as defined under Tenements (Scotland) Act 2004 and successor legislation); 

- any corporate body which provides advice or services to or represents tenement owners; 

- any individual who has been nominated for membership by an unincorporated body which represents owners. No more than one individual nominated by each unincorporated body may be a member of the organisation at any given time. 

## **OBJECTIVES AND ACTIVITIES** 

## **Objectives and aims** 

The charity's objectives and aims are as follows: 

## **The advancement of citizenship and community development** 

1. Under One Roof Scotland will promote the management, maintenance, improvement, sustainability and preservation of tenements and tenement communities in Scotland by means of educating tenement owners, their advisers and associated professionals; by promoting good practice and by advocating the development of better policy, practice and legislation. 

## **The advancement of education** 

2. To provide a freely accessible, impartial, accurate and comprehensive body of knowledge on: 

- The legislation and good practice concerning tenement ownership and management and 

- The methods by which such buildings are constructed, maintained and improved. 

3. To educate tenement owners, their advisers and other associated professions and service providers in: 

- The legal rights and responsibilities of owners of a tenement property. 

- The appropriate repair and improvement of their buildings so as to ensure both public safety and the maximum life and sustainability of their building. 

- Appropriate ways of working with other owners of the building and other organisations so as to ensure proper management and maintenance and the development of a culture of maintenance. 

- Their civic responsibilities as tenement owners. 

4. To research the needs and opinions of tenement owners and their advisers. 

## **The advancement of human rights, conflict resolution or reconciliation** 

5. To promote and support co-operative working between owners within a tenement or tenement neighbourhood and the development of good practice in order to ensure that the tenement and its neighbourhood is sustainably managed, maintained and improved and that there are harmonious relations between the various owners and the organisations that work with them. 

## **ACHIEVEMENT AND PERFORMANCE Charitable activities** 

## **Operations** 

Operational work over the year focused on expanding the outreach of the charity with the public via events and marketing, revamping the website, and work to promote legislative changes in the Scottish Parliament. 

## **Outreach and Impact** 

## **Enquiry/Information Service** 

- Under One Roof answered 1,465 enquiries in FY24-25, a 30% increase from the previous 12 months. 

Page 2 



## **Under One Roof Scotland** 

## **Report of the Trustees for the Year Ended 31 March 2025** 

## **ACHIEVEMENT AND PERFORMANCE Outreach and Impact (continued)** 

## **Events** 

- Over the course of 12 months, the charity engaged with 1,454 people at 47 online and in-person events, in locations including Lochgilphead, Inverurie, Dunbar, Falkirk, Ayr, Musselburgh, Paisley, Dundee, Glasgow, and Edinburgh. 

- Under One Roof representatives also made presentations and led discussions at a number of in-person and online events with other organisations throughout Scotland, including: 

o Scottish Letting Day - Edinburgh 

o City Heritage Trusts - Glasgow and Aberdeen 

o Scottish Factoring Network Conference - Glasgow 

## **Communications** 

Since April 2024, Under One Roof has seen a significant increase in organisational reach on a variety of platforms, increasing followers in some cases almost eight-fold. This is largely down to focusing our marketing budget and staff resources on producing new content: o There has been a 139% increase of followers on Facebook, and an 80% increase of followers on Instagram. 

o The website's total views were 234,000, with 78,000 new website users recorded over the same period. New website users in the report period increased by 19%. 

o Monthly newsletter subscriptions increased by 17%. 

Under One roof completed a project of reviewing the content of its updated website, with architects, solicitors and other professionals reviewing the content to refresh and update existing content. The charity also produced new content to targeted sections of the platform such as the retrofit section. 

## **Training and Resources** 

Under One Roof continued its partnership with Hunter Centre for Entrepreneurship at Strathclyde University, publishing a toolkit for factors around the subject of retrofit. The research project began work on a retrofit toolkit for flat owners, as well a new toolkit on best practice for owners' associations and a policy briefing on mandatory owners' associations. 

Downloadable and shareable resources added to the website in the past year included: o Guide to setting up an owners' association 

o Guide to organising common repairs o DIY building survey checklist 

o Guide for retrofitting historic sash and case windows 

The charity joined energy-efficiency co-op Loco Homes to produce a Whole Tenement Retrofit Feasibility Study. The project developed a holistic view of retrofit needs and options for a whole privately-owned tenement building in Dennistoun, Glasgow. 

The charity secured nine paid-training sessions for commercial professionals and six free sessions for council housing staff over the course of the year. 

## **Supporting policy development** 

- The Chief Executive continued to act as the secretariat/organiser of the Scottish Parliament Working Group on Tenement Management, as well as inputting into the Scottish Parliament's Cross-Party Housing Group, and the working group on revision of the Home Report. 

- The charity submitted two consultation responses to the Scottish Law Commission's consultation on mandatory owners' associations. One was from the charity, and the other on behalf of owners of tenement flats. 

- Under One Roof also submitted a response to the Government's Heat in Buildings Bill consultation. 

- Participated in policy formation work of the Existing Homes Alliance. 

## **FINANCIAL REVIEW** 

## **Financial position** 

The charity generated a surplus of £29,797 for the year ended 31 March 2025 (2024: surplus of £4,303). 

At 31 March 2025, the charity's funds totalled £127,921 (2024: £98,124) with £126,752 of these being unrestricted free reserves (2024: £97,399), and £1,169 representing the net book value of tangible fixed assets (2024: £725). The charity holds no restricted funds at 31 March 2025 (2024: £nil). 

Page 3 



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lor the Y•ar Ended 31 PA•r¢h 2025
FINANCIAL REVIEW
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Approved by order of ltte board of trustees on .
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Pago 4

## **Independent Examiner's Report to the Trustees of Under One Roof Scotland** 

I report on the accounts for the year ended 31 March 2025 set out on pages six to fifteen. 

## **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 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 the independent examiner's report** 

My examination was 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 seeking explanations from you as 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 connection with 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 to comply with Regulation 8 of the 2006 Accounts Regulations 

have not been met; or 

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 


Fellow of the Association of Chartered Certified Accountants Brett Nicholls Associates Herbert House 24 Herbert Street Glasgow G20 6NB Date: ............................................. 

Page 5 



## **Under One Roof Scotland** 

## **Statement of Financial Activities for the Year Ended 31 March 2025** 

|**Unrestricted**<br>**Restricted**<br>**funds**<br>**funds**<br>**Notes**<br>**£**<br>**£**<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>3<br>119,748<br>65,801<br>Other trading activities<br>4<br>6,523<br>-<br>Other income<br>5<br>5,000<br>-<br>**Total**<br>131,271<br>65,801<br>**EXPENDITURE ON**<br>**Charitable activities**<br>6<br>Provision of property advice for tenement flat owners in<br>Scotland<br>101,474<br>65,801<br>**NET INCOME**<br>29,797<br>-<br>**RECONCILIATION OF FUNDS**<br>Total funds brought forward<br>98,124<br>-<br>**TOTAL FUNDS CARRIED FORWARD**<br>127,921<br>-|**2025**<br>**Total**<br>**funds**<br>**£**<br>185,549<br>6,523<br>5,000<br>197,072<br>167,275<br>29,797<br>98,124<br>127,921|**2024**<br>**Total**<br>**funds**<br>**£**<br>154,766<br>5,892<br>5,000<br>165,658<br>161,355<br>4,303<br>93,821<br>98,124|
|---|---|---|



## **CONTINUING OPERATIONS** 

This statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities in both years. Comparative figures for the previous year by fund type are shown in note 11. 

The notes on pages 8 to 15 form part of these financial statements 

Page 6 



UDd•r On• Rool 8¢otl•nd
Balance Sheet
31 March 2025
2025
2024
14ote•
FIXED ASSETS
Tangible assets
12
1.169
725
CURRENT ASSETS
Debl¢ys
Cash )1 bank
13
94,6e4
131 050
52,076
121941
225,734
174,017
CREDITORS
Arnounts falling du• within one year
14
198.9821
176.6181
NET CURRENT ASSETS
126 752
TOTAL ASSETS LESS CURRENT LIA￿LITIEs
127,921
98,124
NET A8gETS
127921
FUNDS
Unreslriclèd funds..
General fuNJ
Do$gn•t•d. Fix•d A#￿t Fund
18
126,7S2
97.399
r25
127 921
TOTAL FUNDS
127921
12bl
The fiThanual sta¢¢nwnt8 w•r• approv•d by th• Bc•rd of TnAt•èg and aulhorisad for issue on ....
nAd tsn its b8haW bv..
an¢J wèré
The notes on p•gas 8 to 15 fom part of ttss¢ finanoal slalements
Page 7

## **Under One Roof Scotland** 

## **Notes to the Financial Statements for the Year Ended 31 March 2025** 

## **1. GENERAL INFORMATION** 

Under One Roof Scotland ("the charity") is a Scottish charitable incorporated organisation and governed by its constitution dated 23 September 2020. It was registered as a charity in Scotland (registered number SC050495) on 23 September 2020. It's registered address is c/o Brett Nicholls Associates, Herbert House, 24 Herbert Street, Glasgow, G20 6NB. 

## **2. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value. 

The financial statements are prepared on an accruals basis, and on a going concern basis, accordance with: 

- the Charities and Trustee Investment (Scotland) Act 2005; 

- Regulation 8 (Statement of account - Fully accrued accounts) of The Charities Accounts (Scotland) Regulations 2006; 

- the Financial Reporting Standard applicable in the UK and Republic of Ireland, published in March 2018 ("FRS 102"), to the extent that it applies to small entities and public benefit entities; 

- '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, published in October 2019 (FRS 102)' ("the Charities SORP"); 

- UK Generally Accepted Accounting Practice; and 

- the historical cost convention. 

The charity 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. 

The financial statements are presented in UK sterling, which is the charity's functional currency, and rounded to the nearest pound. 

There have been no changes to the basis of preparation this financial year or to the previous financial year's financial statements. 

## **Income** 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

## **Tangible fixed assets** 

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. 

Computer equipment - 25% on cost 

All assets costing more than £500 are capitalised and valued at historic cost. 

## **Taxation** 

Under One Roof Scotland is a charity within the meaning of Section 467 of the Corporation Tax Act 2010. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 of Part 11 of the Corporation Tax Act 2010 and section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that such income or gains are applied for charitable purposes only. 

Page 8 

continued... 



## **Under One Roof Scotland** 

## **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** 

## **2. ACCOUNTING POLICIES - continued** 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity.  Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## **Pension costs and other post-retirement benefits** 

The charity operates a defined contribution pension scheme.  Contributions payable to the charity's pension scheme are charged to the  Statement of Financial Activities in the period to which they relate. 

## **Cash at bank and in hand** 

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 

## **Debtors** 

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 

## **Creditors and provisions** 

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. 

## **Financial instruments** 

The charity has financial assets and financial liabilities that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. 

## **Going Concern** 

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. 

## **3. DONATIONS AND LEGACIES** 

|Donations<br>Local Authority Funding<br>Grants<br>Grants received, included in the above, are as follows:<br>SafeDeposits Scotland Charitable Trust<br>Scottish Government|**2025**<br>**£**<br>450<br>119,298<br>65,801<br>185,549<br>**2025**<br>**£**<br>-<br>65,801<br>65,801|**2024**<br>**£**<br>-<br>98,766<br>56,000<br>154,766<br>**2024**<br>**£**<br>2,500<br>53,500<br>56,000|
|---|---|---|
||||



Page 9 

continued... 



## **Under One Roof Scotland** 

## **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** 

|**4.**<br>**OTHER TRADING ACTIVITIES**<br>**2025**<br>**£**<br>Training<br>6,300<br>Book sales<br>223<br>Consulting Fees<br>-<br>6,523<br>**5.**<br>**OTHER INCOME**<br>**2025**<br>**£**<br>Employment Allowance<br>5,000<br>**6.**<br>**CHARITABLE ACTIVITIES COSTS**<br>**Direct**<br>**Support**<br>**Costs (see**<br>**costs (see**<br>**note 7)**<br>**note 8)**<br>**£**<br>**£**<br>Provision of property advice for tenement flat<br>owners in Scotland<br>160,818<br>6,457<br>**7.**<br>**DIRECT COSTS OF CHARITABLE ACTIVITIES**<br>**2025**<br>**£**<br>Staff costs<br>116,887<br>Office Rental<br>554<br>Tenement Consultants<br>7,320<br>Telephone<br>137<br>Postage and stationery<br>62<br>General Contingency<br>351<br>Recruitment<br>780<br>Software Subscriptions<br>3,895<br>Website, Domain and Email<br>1,512<br>Payroll Costs<br>810<br>Advertising<br>6,064<br>Project Manager<br>-<br>Webinars<br>-<br>CPD Conferences<br>400<br>Staff Training<br>5,000<br>IT Equipment<br>871<br>IT Support<br>2,431<br>Membership Fees<br>629<br>Travel<br>929<br>Insurance<br>1,130<br>Sessional staff<br>10,300<br>Depreciation<br>756<br>160,818|**2024**<br>**£**<br>1,215<br>1,282<br>3,395<br>5,892<br>**2024**<br>**£**<br>5,000<br>**Totals**<br>**£**<br>167,275<br>**2024**<br>**£**<br>116,086<br>580<br>-<br>533<br>205<br>430<br>770<br>3,596<br>1,250<br>691<br>10,799<br>6,000<br>3,500<br>350<br>5,000<br>265<br>1,835<br>582<br>1,537<br>1,076<br>-<br>456<br>155,541|
|---|---|



Page 10 

continued... 



## **Under One Roof Scotland** 

## **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** 

## **8. SUPPORT COSTS** 

|**SUPPORT COSTS**|||
|---|---|---|
||**2025**|**2024**|
||**£**|**£**|
|Accounting - IE Fee|1,350|1,050|
|Accounting Fees|5,040|4,710|
|Bank Fees|67|54|
||6,457|5,814|



## **9. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. 

## **Trustees' expenses** 

There were no  trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. 

## **10. STAFF COSTS** 

|**2025**<br>**£**<br>Wages and salaries<br>95,661<br>Social security costs<br>9,909<br>Other pension costs<br>11,317<br>116,887<br>The average monthly number of employees during the year was as follows:<br>**2025**<br>Staff members<br>4<br>The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was<br>**2025**<br>£60,001 - £70,000<br>1|:|**2024**<br>**£**<br>96,003<br>9,483<br>10,600<br>116,086<br>**2024**<br>3<br>**2024**<br>-|
|---|---|---|



Page 11 

continued... 



## **Under One Roof Scotland** 

## **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** 

## **11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** 

|||**Unrestricted**|**Restricted**|**Restricted**|**Total**|
|---|---|---|---|---|---|
|||**funds**|**funds**||**funds**|
|||**£**|**£**||**£**|
||**INCOME AND ENDOWMENTS FROM**|||||
||Donations and legacies|98,766|56,000||154,766|
||Other trading activities|5,892||-|5,892|
||Other income|5,000||-|5,000|
||**Total**|109,658|56,000||165,658|
||**EXPENDITURE ON**|||||
||**Charitable activities**|||||
||Provision of property advice for tenement flat owners|||||
||in Scotland|104,756|56,599||161,355|
||**NET INCOME/(EXPENDITURE)**|4,902|(599)||4,303|
||**RECONCILIATION OF FUNDS**|||||
||Total funds brought forward|93,222|599||93,821|
||**TOTAL FUNDS CARRIED FORWARD**|98,124||-|98,124|
|**12.**|**TANGIBLE FIXED ASSETS**|||||
||||||**Computer**|
||||||**equipment**|
||||||**£**|
||**COST**|||||
||At 1 April 2024||||1,824|
||Additions||||1,200|
||At 31 March 2025||||3,024|
||**DEPRECIATION**|||||
||At 1 April 2024||||1,099|
||Charge for year||||756|
||At 31 March 2025||||1,855|
||**NET BOOK VALUE**|||||
||At 31 March 2025||||1,169|
||At 31 March 2024||||725|



Page 12 

continued... 



## **Under One Roof Scotland** 

## **Notes to the Financial Statements - continued for the Year Ended 31 March 2025** 

|**13.**<br>**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Trade debtors<br>Payroll Account<br>Other Debtors<br>Accrued Income<br>Prepayments<br>**14.**<br>**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Trade creditors<br>Accrued expenses<br>Deferred income|**2025**<br>**£**<br>82,600<br>5,890<br>675<br>5,519<br>-<br>94,684<br>**2025**<br>**£**<br>2,492<br>2,242<br>94,248<br>98,982|**2024**<br>**£**<br>44,274<br>1,588<br>-<br>4,636<br>1,578<br>52,076<br>**2024**<br>**£**<br>8,086<br>1,453<br>67,079<br>76,618|
|---|---|---|



||Deferred income comprises of income received for projects which Under|Deferred income comprises of income received for projects which Under|One Roof|Scotland was not entitled to until the|Scotland was not entitled to until the|
|---|---|---|---|---|---|
||following year.|||||
|||||**2025**|**2024**|
|||||**£**|**£**|
||At 1 April|||67,079|74,850|
||Deferred in year|||94,248|67,079|
||Released in year|||(67,079)|(74,850)|
||At 31 March|||94,248|67,079|
|**15.**|**ANALYSIS OF NET ASSETS BETWEEN FUNDS**|||||
|||||**2025**|**2024**|
|||**Unrestricted**|**Restricted**|**Total**|**Total**|
|||**funds**|**funds**|**funds**|**funds**|
|||**£**|**£**|**£**|**£**|
||Fixed assets|1,169|-|1,169|725|
||Current assets|225,734|-|225,734|174,017|
||Current liabilities|(98,982)|-|(98,982)|(76,618)|
|||127,921|-|127,921|98,124|



## **Comparatives for analysis of net assets between funds** 

|**Unrestricted**<br>**Restricted**<br>**funds**<br>**funds**<br>**£**<br>**£**<br>Fixed assets<br>725<br>-<br>Current assets<br>174,017<br>-<br>Current liabilities<br>(76,618)<br>-<br>98,124<br>-|**2024**<br>**Total**<br>**funds**<br>**£**<br>725<br>174,017<br>(76,618)<br>98,124|**2023**<br>**Total**<br>**funds**<br>**£**<br>1,181<br>173,156<br>(80,516)<br>93,821|
|---|---|---|



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continued... 



## **Under One Roof Scotland** 

## **Notes to the Financial Statements - continued** 

**for the Year Ended 31 March 2025** 

## **16. MOVEMENT IN FUNDS** 

|**MOVEMENT IN FUNDS**||||||
|---|---|---|---|---|---|
||||**Net**|**Transfers**||
||||**movement**|**between**|**At**|
||**At**|**1/4/24**|**in funds**|**funds**|**31/3/25**|
|||**£**|**£**|**£**|**£**|
|**Unrestricted funds**||||||
|General fund|97,399||30,553|(1,200)|126,752|
|Designated- Fixed Asset Fund||725|(756)|1,200|1,169|
||98,124||29,797|-|127,921|
|**TOTAL FUNDS**|98,124||29,797|-|127,921|
|Net movement in funds, included in the above are as follows:||||||
||||**Incoming**|**Resources**|**Movement**|
||||**resources**|**expended**|**in funds**|
||||**£**|**£**|**£**|
|**Unrestricted funds**||||||
|General fund|||131,271|(100,718)|30,553|
|Designated- Fixed Asset Fund|||-|(756)|(756)|
||||131,271|(101,474)|29,797|
|**Restricted funds**||||||
|Scottish Government|||65,801|(65,801)|-|
|**TOTAL FUNDS**|||197,072|(167,275)|29,797|



## **Comparatives for movement in funds** 

|||**Net**||
|---|---|---|---|
|||**movement**|**At**|
||**At 1/4/23**|**in funds**|**31/3/24**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|92,041|5,358|97,399|
|Designated- Fixed Asset Fund|1,181|(456)|725|
||93,222|4,902|98,124|
|**Restricted funds**||||
|SafeDeposit Scotland Charitable Trust|599|(599)|-|
|**TOTAL FUNDS**|93,821|4,303|98,124|



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continued... 



## **Under One Roof Scotland** 

## **Notes to the Financial Statements - continued** 

## **for the Year Ended 31 March 2025** 

## **16. MOVEMENT IN FUNDS - continued** 

Comparative net movement in funds, included in the above are as follows: 

|<br>**Unrestricted funds**<br>General fund<br>Designated- Fixed Asset Fund<br>**Restricted funds**<br>SafeDeposit Scotland Charitable Trust<br>Scottish Government<br>**TOTAL FUNDS**|**Incoming**<br>**Resources**<br>**Movement**<br>**resources**<br>**expended**<br>**in funds**<br>**£**<br>**£**<br>**£**<br>109,658<br>(104,300)<br>5,358<br>-<br>(456)<br>(456)<br>109,658<br>(104,756)<br>4,902<br>2,500<br>(3,099)<br>(599)<br>53,500<br>(53,500)<br>-<br>56,000<br>(56,599)<br>(599)<br>165,658<br>(161,355)<br>4,303|
|---|---|



## **17. RELATED PARTY DISCLOSURES** 

There were no related party transactions for the year ended 31 March 2025. 

## **18. PURPOSES OF UNRESTRICTED FUNDS** 

General Fund - this represents the unrestricted, free reserves of the charity. 

Designated Fixed Asset Fund - This represents the Net Book Value of the charity's tangible fixed assets. 

## **19. PURPOSES OF RESTRICTED FUNDS** 

SafeDeposits Scotland Charitable Trust  - funding to conduct educational webinars for private landlords and letting agents to support their management of tenements in Scotland. 

Scottish Government - The project is to support costs related to staffing expenditure, promotion of existing and new projects focused on events and information provision to owner-occupiers and landlords, and income generation activities. 

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