East Neuk Recovery Group Initiative (SCIO) Scottish Charity No: SC051294 Annual Report & Financial Statements For the year ended 31 March 2025
East Neuk Recovery Group Initiative (ENeRGI) (SCIO) Annual Report Year ended 31 March 2025 Contents Page Trustees, Annual Report Independent Examiner's Report Statement of Financial Activities Balan Sheet Notes to the Accounts 9-15
East Neuk Recovery Group Initiative (ENeRGI) Trustees, Annual Report Year ended 31 Marth 2025 The management committee (who are the charity trustees under charity law) present their report for the year ended 31 March 2025. Reference & Administrative Information Charity Name: East Neuk Recovery Group Initiative {ENeRGI) (SCIO) Charity Number= SC051294 Principal Address: 32 East Street, St Monans, Anstruther, Frfe, KY10 2AT Trustees: Others who served durlng th• perlod: Structure Governance & Mana ement ENeRGI was incorporated as SCIO on 27 September 2021 and is govemed by its constitution. The management, adminislration and control of the affairs and property of ENeRGI is the responsibilily of a management committee consisling of up to 12 members elected at the AGM and up lo two other persons co-opted by the management cv)mmitlee itself. A staff team led by the manager delivers the services and activities of ENeRG! on a day-to-day basis.
East Neuk Recovery Group Initiative (ENeRGI) (SCIO) Trustees, Annual Report Year ended 31 March 2025 ectives & Activities ENeRGI was set up to relieve the suffering and distress and protect the mental and physical health of those in the East Neuk of Frfe who are experiencing or who have experienced a mental health andlor alcohol or substance misuse problems and the carers of these individuals. To achieve the above purposes ENeRGI: Facilitates aCsS to services for people with mental health andlor alcohol or substance misuse problems and encourages their involvement in the planning and development of services relevant to their needs. Works actively within the community to reduce stigma and discrimination, two of the main barriers to recovery and quality of life. Provides o A Drop - In Centre o A Short-Term Housing Support and Longer-Term Support Service o An Anti - Poverty Project A Befriending Project A Self-Directed Support Project Achievements & Perforniance We are the only organisation of our type based in the East Neuk of Fife. We remain committed to delivering the highest quality support possible and delivering services that are responsive, effective, and accessible as well as being personalised and outcomes focused. . Our Anti-Poverty project continued to provide welfare benefits advice including dealing wilh the DWP, form filling, housing advice and fuel poverty assistance. We continue to provide food parcels to order from East Neuk food bank. We were also issued bus passes by the rural poverty action group to hand out to people that met the criter4a. Our funding for the food project ended this year. We continue to assist with benefits out of our drop in and with home visits when required. Provision of Housing Support (both Short and Long Term> continued throughout the East Neuk of Fife St Andrews and Levenmouth.
East Neuk Recovery Group Initiative {ENeRGI) (SCIO) Trustees, Annual Report Year ended 31 March 2025 Our befriending service is running well. Our men's and woman's groups assist those that are socially isolated. They continue to grow and benefit our service users. We continue to provide support and information to our SDS clients. We continue as SDS members. We were able to hold our usual events such as the Christmas party and the summer joint group events. This was our first full year as a SCIO. Due to this we had a full inspection with the care inspeclorate. This went well and gave us areas to focus on to improve the service we deliver. Flnanclal Revlew Income for the year was £226,520, primarily from grants. With expenditure of £189.821 the charity had a surplus of £36,699 which was added to reserves brought fOrard from the previous year, At the 31 March 2025 the charity held lotal funds of £117,370 of which £38,099 are restricted funds and £79,271 are unrestricted. To ensure there are funds available to pay liabilities as they fall due and, should income be reduced, provide time to source additional funds with minimal disruption to the services provided to clienls, the trustees are working towards holding six months running costs, or £95,000, as free reserves. The free reserves are unrestricted funds less the value of tangible assets. At the 31 March 2025 ENeRGI held free resereS of £76,730 and had not met this target. Readers of the accounts should be aware that the 2024 comparator figures are effectively for the four month period from 1 December 2023 to 31 March 2024 when funds were transferred from the previous voluntary association into the SCIO. This report, was approved by the trustees on . lo and signed on their behalf by:
East Neuk Recovery Group Initiative (ENeRGI) (SCIO) Independent Examiner's Report I report on the financial statements of East Neuk Recovery Group Initiative for the year ended 31 March 2025 which are set out on pages 7 to 15. Re5pon5ibilities and basis of report The charity's trustees are responsible for the preparation of the accounts in accordan with the requirements of the Charities and Trustee Investment (Scotland) Act 2005 ("the 2005 Act") and the Charities Accounts (Scotland) Regulations 2006 {Ihe 2006 Regulations"). I have satisfied myself that the charity is not subject to audit under Regulation (10){1){aF(c) of the 2006 Regulations and is eligible for independent examination. I have therefore examined your charity's accounts as required under section (44)(1){c) of the 2005 Act and Regulation 11 of the 2006 Regulations. In carrying out my examination I have followed the guldance issued to independent examiners by the Office of the Scottish Charity Regulator (OSCR). My role is to state whether any material matters have come to my attention giving me cause to believe: that accounting records were not kept as required by section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Regulations; or that the accounts do not accord with those records: or that the accounts do not comply with the accounling requirements of Regulation 8 of the 2006 Regulations; or that there is further Infomialion needed for a proper understanding of the accounts. Independent examiner's statement I have completed my examination and I have no concems in respect of any of the above and I have found no other matters that require drawing to your attention. Date:..
East Neuk Recovery Group Initiative (ENeRGI) (SCIO) Statement of Financial Activities Year ended 31 March 2025 Unrestricted Funds Restrlct8d Funds 2025 Total 2024 Total Note Income from: Donalions Charitable activities Total income 46.812 22,355 69.167 157.353 204,165 22,355 226,520 131,978 11.095 143.073 157,353 Expenditure on: Charitsble actlvltles Total expenditure 25,158 25,158 164.663 164,663 189,821 189,821 62,402 62,402 Net incomel(expendlture) 44.009 (7,310) 36.699 80,671 Transfers 2,214 12.214) Net movement In funds 46,223 {9,524) 36.699 80.671 Roconclllatlon of Funds Funds brought forbvard Net movement in funds Funds carried fOard 33,048 46,223 79,271 47,623 19,524) 38.099 80.671 36.699 117.370 80,671 80.671 The statement of financial aclivities indudes all gains and losses recognised in the period. All incoming resources and resources expended derive from continuing activities. The notes on pages 9 to 15 form an integral part of these accounts.
East Neuk Recovery Group Initiative {ENeRGI) {SCIO) Balance Sheet At 31 March 2025 Unrestricted Funds RtCted Funds 2025 Total 2024 Total Nole Fix•d Assets Tangible assets 2,541 2,541 1,268 Current Assets Debtors 4,150 72,580 76,730 4.150 133.727 137,877 2.820 77,323 80,143 Cash at bank & in hand 61,147 61.147 Total curr8nt 88sets Current Llabllltles Deferred Income Ac¢rual of IE fee 10 22.308 740 22,308 740 740 Total current liabilrties 23.048 23,048 740 Net current a•8•t8 76,730 38,099 114.829 79,403 Net ass•ts 79,271 38.099 117.370 80.671 Funds of th• Charity Unrestricted funds Restrlcted funds Total Funds 79.271 79,271 38,099 117,370 33.048 47,623 80.671 38.099 38,099 79,271 The notes on pages 9 to 15 fomi an integral part of these accounts. Approved by the Trustees on the ...... and signed on their behalf by:
East Neuk Recovery Group Initiative (ENeRGI) (SCIO) Notes to the Financial Statements Year ended 31 March 2025 1 Basis of Preparation 1.1 Basis of accounting These accounts have been prepared on the basis of historic cost in accordance with: _ (a) The Charities & Trustee Investment Act (Scotland) Act 2005, and (b) The Charities Accounts (Scotland> Regulations 2006 as amended (c) Financial Reporting Standard 102 (FRS102) (Effective January 2015), (d) Charities SORP {FRS 102) (2nd edition effective January 2019) No changes have been made to the basis of preparation or to the previous year's accounts. 1.2. In preparing the accounts, the trustees were not required to make any judgements that would have a material effect on the numbers reported. 1.3 The charity meets the definition of a public benefit entity as defined by FRS102. 1.4 The charity is dependent on the continuing support of donors. However, the trustees have no reason to consider that this will not continue or that there are any material uncertainties about the charity's ability to continue as a going concern. 2 Accounting Pollces 2.1 Form of Financial Statements The charity maintains two types of funds for accounting purposes: . (a) A general unrestricted fund that can be expended at the discretion of the trustees on furthering the objects of the charity, and (b) Restricted funds that may only be used for specific purposes. Restrictions arise when specified by the donor or when ftjnds are raised for specific purposes. 2.2 Income (a) Income is recognised and included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources; theit receipt is probable; and the monetary value can be measured with sufficient reliability. (b) Where income has related expenditure fhe income and related expenditure are reported gross in the SOFA. 2.3 Expendlture & Llabilities (a) Expenditure is accounted for on an accruals basis. (b) Liabilities are recognised as soon as there is a legal or constructive obligation to pay out resources; it is probable they will be paid and the monetary value can be measured with sufficient reliability.
East Neuk Recovery Group Initiative (ENeRGI) (SCIO) Notes to the Financial Statements Year ended 31 March 2025 (c) Funds received in advance and which specifically relate to a future accounting period are treated as deferred income. 2.4 Assets Tangible assets are capitalised if they have a value of £250 or greater and depreciated as follows: Office furnilure and equipment- 200/0 Straight line Fixtures and fittings - 10 % straight line 2.5 Cash Cash at bank and in hand includes cash and bank deposits repayable on demand 2.6 Debtors (a) Debtors are recognised at the settlement amount due (b) Prepayments are valued at the amount prepaid 2.7 Credltors (a) Creditors are recognised where the charity has an obligation resulting from a past ev8nt that will probably result in the transfer of funds to a third party and the amount due can be measured or estimated reliably. Creditors are normally recognised at their settlement amount, usually the invoice amount. (b) Accrued charges are normally valued at their settlement amount. 2.8. Financial Instruments The charity only has financial assets and financial liabilities of a kind that qualfy as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value. 2.9 Taxation The charity is not liable to income or capital gains tax on its charitable activities. Irrecoverable VAT is included in the asset cost or expense to which it relates. 3 Trustee remuneration, expenses and other related party transactions (a) During the year no trustee or connected person received any remuneration for services to the charity. (b) During the year no out of pocket expenses were paid to the trustees (c) There were no other related paty Iransactions 10
East Neuk Recovery Group Initiative {ENeRGI) {SCIO) Notes to the Financial Statements Year ended 31 March 2025 4 Restrided Funds 4.1 During the year the charity maintained the following restricted funds: Funds received from Fife Council to provide a Drop in Centre Funds received through the Public Social Partnership to provide housing support Funds received from Fife Council for the Befriending project Funds received from the National Lottery Community fund for the installation of CCTV Funds r1Ved from Fife Council for the Food Poverty project Funds reiVed from the Social SeNices Council for training staff to SVQ level Funds reiVed from the Co-op for the Drop In garden fund Funds received from srd Children's Appeal to SUPPOrt children and young people 4.2 Movement In Restrfcted Funds Openlng balance Closlng balance Fund Income Expendltur• Transfor$ Drop In Centre Housing Support Befrlendlng Proje CCTV Food Poverty SVQ Training Drop in Garden Fund Support to children and young people Total 24,036.00 43,799 66,870 43.684 47,797 66,870 47.439 20.038 18,121.00 2,214.00 14.366 <2.2141 2.500 2,343 204 10 157 3,000.00 2,796 490 500 252.00 252 47.623 157,353 164,663 (2,2141 38.099 The transfer of £2.214 from the CCTV fund represents the value of equipment that. once purchased. satisfied the restrictions and was transferred to the unreslricted fund.
East Neuk Recovery Group Initiative {ENeRGI) (SCIO) Notes to the Financial Statements Year ended 31 March 2025 5. Donations 2025 Total 2024 Total General donations Fife Council The CO-OP Transfer from the Voluntary Association 250 1,000 48,612 203,415 80,152 The National Lottery Community Fund 2,214 Tolal 204,165 131,978 6. Income from charitable activities 2025 Totsl 2024 Total Client care 22,355 22.355 11.095 11.095 Total 7. Expenditure on charltable actlvitles 2025 Total 2024 Total Note Staff costs 146,899 8,534 4.381 6,631 4.474 5,000 3,300 740 50,956 2,214 1,508 2.018 Travel expenses Rent & rates utilities & telephone AnnuallQuarterly charges General expenses Room Hire & Advertising Independent examinatson Group expenses Insurance HR Consultancy Training Depreciation Total 1,669 740 769 1,768 1.714 3.901 1.539 940 2,336 192 189,821 62,402 12
East Neuk Recovery Group Initiative {ENeRGI) (SCIO) Notes to the Financial Statements Year ended 31 March 2025 Offlco furniture & equlpment Flxtures & fittings 8. Tangible Assets Total Cost Cost at 31 Marth 2024 5,604 2.214 7,818 673 6.277 2,214 8,491 Additions Cost at 31 March 2025 673 Doprgclatlon At 31 March 2024 Charge for the year At 31 March 2025 4,673 873 337 67 5.010 940 5,546 404 5,950 Net Book Valuo At 31 March 2025 At 31 March 2024 2.272 931 269 336 2,541 1,267 2025 Total 2024 Total 9. Debtors File Council Trade debtors 915 3.235 4.150 2.820 2.820 10. Deferred Income Openlng balance Funds received Released to income Closlng balance Fife C¢)un¢il Befriending grant 2025- 26 Fife Council Drop In grant 2025-26 Total 11.139 11.139 11.169 22.308 11.169 22,308 13
East Neuk Recovery Group Initiative (ENeRGI) (SCIO) Notes to the Financial Statements Year ended 31 March 2025 2025 Total 2024 Total 11. Staff Costs Salaries Employers Nl Employers Pension Total 138,961 4.089 3,849 146.899 46,900 2,858 1,198 50,956 No employee received remuneration of more Ihan £60.000 {2024: None). The average monthty number of employees during the year was 8 (2024.9). The charity operates a defined contribution pension scheme. The contributions made by the charity for the periThJ were £3,849 (2024: £1.198). 12. Previous year information In order lo comply with FRS 102 to show corresponding amounts for the previous year for 8V8ry figur8 in the financial statements and notes (not jusl the prior year totals). corresponding figures noi provided elsewhere in these accounts are set out below: 12.1 Statement of Flnanclal Actlvlties for 2023124 Incom• from: Donations Charitable activities Total income Unrestricted Funds Restrictsd Funds 40.566 11.095 91,421 91.421 Expendilure on: Charitable activities Total expenditure 18,613 18.613 43,789 43.789 Net incomel(expenditure) & Net movement In funds 33.048 47,632 Reconclllatlon of Funds Funds brought forward Funds carried forward 33.048 47,632 14
East Neuk Recovery Group Initiative {ENeRGI) (SCIO) Notes to the Financial Statements Year ended 31 March 2025 12.2 Balance Sheet at 31 March 2024 Flxed Assets Tangible assets Unrestricted Funds Restricted Funds 1,268 Current Assets Debtors Cash at bank & in hand Total current assets 2,820 29.145 31,965 48,178 48,178 Current Llabllltle$ ArUal of IE fee Total cuent lbilItieS 185 185 555 555 Nel current assets 31.780 47,623 Net assets 33,048 47.623 12.3 Movement in Re$trl¢ted Funds 2023124 Openlng balance Closlng balance Fund Income Ex enditure Transfers Drop In Centre Housing Support 88friending Projed CCTV SVQ Training Support to chIldn and young people Total 39,137 15,723 30.901 2.214 3,000 15,101 15,723 12,780 24,036 18,121 2,214 437 185 252 91,412 43,789 47,623 15