20f44c22-b153-46cc-a419-elll0c4798c8 CUMBERNAULD POVERTY ACTION (SCIO), SCOThISH CHARITY NUMBER SC051570 TRUSTEES ANNUAL REPORT AS AT 31- MARCH 2025 CUMBERNAULD POVERTY ACTION IJ
20f44c22-b153-46cc-a419-elll0c4798c8 CUMBERNAULD POVERTY ACTION (SCIO), SCOThISH CHARITY NUMBER SC051570 TRUSTEES ANNUAL REPORT AS AT 31- MARCH 2025 GOVERNING DOCUMENT Cumbernauld Poverty Action (SCIO) is an incorporated Scottish charity organisation (number SC051570), governed by its constitution. The Management Committee made the decision to apply for the charity to apply to become a Scottish Charitable Incorporated Organisation. Approval was granted by OSCR on 7th February 2022. APPOINTMENT OF TRUSTEES Cumbernauld Poverty Action is directed by a Board. The maximum numbor of charity trustees is g. out of that, no more than 4 shall be charity trustees who were electedlappolnted under clauses 59 and 60 (or deemed to have been appointed under clause 58)" and no more than 2 shall be charity trustees who were co- opted under the provisions of clauses 63 and 64. The Board meets not less than 4 times each year. Off ice-bearers are appointed by the board who may co-opt up to 2 furth&r members, where deemed necessary, to sarve until the followlng AGM. MEMBERSHIP AND ADMINISTRATIVE STRUCTURE The general structure of the organlsatlon conslsts of:_ The MEMBERS - who have the rlght to attend memb8rs' meetlngs (Includlng any annual general meeting) and have important powers under the constitution; In particular, the members appoint people to serve on the board and take decisions on changes to the constitution itsolf. The BOARD - who hold regular meetings, and generally control the activities of the organisation; for examplo, the board is responsible for monitoring and controlling tho financial position of tha organisation. The people serving on the board are referred to in this constitution as CHARITY TRUSTEES. CURRENTTRUSTEES NAME POSITION Chairperson Vice Chairperson Secretary Treasurer Trustee Deceased October 2024 Trustee Trustee I I Page
20f44c22-b153-46cc-a419-elll0c4798c8 CUMBERNAULD POVERTY ACTION (SCIO), SCOThISH CHARITY NUMBER SC051570 TRUSTEES ANNUAL REPORT AS AT 31- MARCH 2025 CONTACT ADDRESS The Muirfield Centre 1A South Muirhead Road Cumbernauld Lanarkshire G67 1AX CONTACT DETAILS Website: www.cumbernauld Facebook - facebook.com/cumbernauldpovertyaction ve action.or .uk CHARITABLE PURPOSES The relief of povety, distress and hardship as a result of unemployment, disability or other social or economic circumstances among the residents of North Lanarkshire. OBJECTIVES AND AIMS To provide advice, support, guldance and training to local people affected by poverty andjor disability. To promote awareness of the issues affecting people living in poverty, and the initiatives availabla to help tackle poverty. Recruit, train and support local voluntaers to help them gain skills and confidence to enable them to seek employment. ACTIVITIES AND ACHIEVEMENTS In tha year 2024-2025 our Income maxlmlsatlon senilce reallsed over £727,000 In flnanclal gains for your clients. The main reason for the significant jump In flgures from 2023-2024 Is due to the Investment In the new Advice Pro case rnanagement system which has provided Improved monltoring and reportlng, enabllng more accurate rneasurement of cllent Impact. Unfortunately, we see no respite from the cost of living crisls as requests for crisis help continued to increase over the year. We distributed 98 fuel vouchers to local people struggling to heat their homes who were at risk of self-disconnection. Through our work on the SGN Safe & Warm Scheme we provided energy advice at tho same time to help Ople reduce their energy usage and therefore reduce their energy bills. Though our partnership working with Home Energy Scotland 8 clients were able to receive (at no cost) brand new central heating systems which will ensure their homes are warm and also more energy efficient. We were delighted to be offered breakfast iterns via our local Argos (Sainsburys) and 72 packs were distributed to clients. We also (working with Cumb8rnauld and Carbrain Community Hub) were able to distribute food pantry vouchers to help people access free nutritious food. This gave them the opportunity to see what the food pantry had on offer and would hopefully encourage them to use it again to reduce their food costs long term. Local companies very kindly donated Christmas gifts and Easter eggs for us to distribute to our clients - we are delighted that Emerson wlll once again be partnering with us to provide gifts for Christmas 2025. I I Page
20f44c22-b153-46cc-a419-elll0c4798c8 CUMBERNAULD POVERTY ACTION (SCIO), SCOThISH CHARITY NUMBER SC051570 TRUSTEES ANNUAL REPORT AS AT 31- MARCH 2025 ACTIVITIES AND ACHIEVEMENTS Contlnued... We held a weekly warm space durlng the Winter months. We provided hot drinks and snacks and the opportunity to have a benefits check, access wifi or just enjoy some companionship for a few hours. Unfortunately, during the course of the year one of our Trustees passed away and sadly a member of our staff team passed away after a short illness. They will be well missed by all. Community Enterprise provided us with free assistance to prepare a business plan which will be helpful to provide information to current and potential funders and stakeholders about our future plans. FUTURE PLANS Confirrned funding will enable home visits and regular outreach In Kilsyth during 2025-26, while continued support from the SGN Safe & Warm Scheme will sustain energy advice and fuel assistance in the face of rising energy prices Ihroughout the winter months. This is particularly important given that the energy cap will rise again in October 2025. I I Page
20f44c22-b153-46cc-a419-elll0c4798c8 CUMBERNAULD POVERTY ACTION (SCIO), SCOThISH CHARITY NUMBER SC051570 TRUSTEES ANNUAL REPORT AS AT 31- MARCH 2025 FINANCIAL REVIEW During the year ended 31 March 2025, Cumb8rnauld Poverty Action (SCIO) maintained a stable financial position while responding to increasing demand for support caused by the continuing cost-of-living crisis. The charity recorded a small surplus of £174 (2024: £15,723), closing the year with total funds of £88,107 (2024: £87,933). INCOME Total income for the year was £94,641 (2024: £102,192), with the majority derived from restricted grant funding (£90,626). Unrestricted income, including donations and local authority contributions, amounted to £3,715. Key funding partners included: The Natlonal Lottery Communlty Fund £39,992 SGN Safe & Warm Scheme- £22,967 The Robertson Trust- £15,000 North Lanarkshlre Councll - £8.388 (varlous communlty funds) Salnsbury's (Neighbourly), Cornerstone House Centre, VANL, and Indlvldual donors Whilo total income was slightly lower than the previous year, funding remained broad and well diversified. EXPENDITURE Total expenditure rose to £94,166 (2024: £86,393), reflecting both Increased servlce delivery and operating costs. Stafflng costs: £60,578 (wages, HMRC, pensions) Cllent support: £2,012 spent on fuel vouchers and other hardship relief CO operating costs: rent, broadband, insurance, IT, printing, volunteer expenses, marketing Capital investment: £1,445 (case rnanagement system and off ice equipment) Governance: £1,696 (accountancy and compliance) RESERVES The Board's policy is to maintain unrestricted reserves equivalent to three months, operatlng costs (approxirnately £49,156) to safeguard against funding interruptions and to cover staff, rent, and redundancy obligations and any other payments. At year-end, unrestrlcted reserves stood at £38,406, close to the target level, providing a prudent buffer for the year ahead. The Board recognises the importance of growing unrestricted income to strengthen long-term sustainability but is confident that reserves, partnerships, and a strong grant portfolio provide a solid foundation for the corning year. 21Page
20f44c22-b153-46cc-a419-elll0c4798c8 CUMBERNAULD POVERTY ACTION (SCIO), SCOThISH CHARITY NUMBER SC051570 TRUSTEES ANNUAL REPORT AS AT 31- MARCH 2025 2025 Unrègtricted Funds 2025 Restricted Funds 2025 Total Funds CLOSING BANK (31.03.25) Virgin Bank Current Virgin Bank Savings CLOSING BANK (31.03.25) 33.402 5.003 49.702 83,104 5,003 31Page
20f44c22-b153-46cc-a419-elll0c4798c8 CUMBERNAULD POVERTY ACTION (SCIO), SCOThISH CHARITY NUMBER SC051570 TRUSTEES ANNUAL REPORT AS AT 31- MARCH 2025 RECEIPTS AND PAYMENT ACCOUNT AS AT 31ST MARCH 2025 2025 2025 2025 Unrestricled Restricled Total Funds Funds Funds 2024 Total Funds RECEIPTS Donations Grant income Other Income TOTAL RECEIPTS Notes 2,437 1,270 2,437 3,118 90,626 91,896 98,927 71 90,626 94,341 102,116 3,715 PAYMENTS Payments for Charitable Activities Capital Purchase Governance TOTAL PAYMENTS SURPLUSI(DEFicrr) 1,669 89,358 91,026 84,898 1,445 1,445 1,683 1,696 1,494 92 485 94 166 86 393 174 15723 13 2025 2025 2025 Unrostrlctod Rastrlctod Total Funds Funds Funds 2024 Total Fund8 BANK BALANCE AND CASH IN HAND Opening Balances131.03.241 SURPLUSI(DEFicrr) FOR THE YEAR CLOSING BANK (31.03.25) 36,372 51,561 87,933 72,133 174 15,723 49 702 88 107 87 856 Virgin Bank Curront Virgin Bank Savings CLOSING BANK (31.03.25) 33,402 49,702 83,104 87,933 5,003 49 702 88 107 87 933 41Page
20f44c22-b153-46cc-a419-elll0c4798c8 CUMBERNAULD POVERTY ACTION (SCIO), SCOThISH CHARITY NUMBER SC051570 TRUSTEES ANNUAL REPORT AS AT 31- MARCH 2025 NOTES TO ACCOUNTS 1. BASIS OF ACCOUNTING These accounts have been prepared on the receipts and Payments Basis in accordance with the charities and Trustee investment (Scotland) Act 2005 and the charities Accounts (Scotland), Regulations 2006(as amended) 2. NATURE AND PURPOSE OF FUNDS, Funds are made up of restricted grant incorne as woll as restricted and unrestrictod donations from Cumbernauld Povarty Action. Cumbernauld povoty action dissolved and donated funds to Cumbernauld poverty actlon (SCIO) funds are used for salarles, rent, operating costs and charitable activities 3. TRUSTEE REMUNERATION No remuneration has been paid to any trustees in accordance with section 67 of Ihe Charities and Trustoe investrnent (Scotland) Act 2005. Thore were no other salaries paid to any connocted porsons during the year. There wore no axpensas paid to trustaes or connected persons durlng the year. Other than out of pocket expendlture. RELATED PARTY TRANSACTIONS There were no Transactions with trustees and connected persons during the year between tha charity and any charity trustoe or parson connected to a charity trustee during the year ended 31 March 2024. 4. DONATIONS & FUNDRAISING 2025 2025 Unrestricted R•stricl8d Funds Funds 2025 Tolal Funds 2024 Total Funds Donations 3,118 TOTAL S. GRANT INCOME 2025 2025 Unrestricted Restricted Funds Funds 2025 Total Funds 2024 Total Funds Thg Robertson Trust Voluntary Action North Lanarkshire Sainsbury's (Neighbourly) SGN Safe & Warm Scheme The National Lottery Community Fund Comerstone House Centre Awards for all North Lanarkshir8 Council (CGSI North Lanarkshire Council Peoplos Postcode Trust TOTAL 15,000 3,249 1,500 22,967 39,992 800 15,000 3,249 1,500 22,967 39,992 19,613 38,916 10,000 1,000 4,398 25,000 1,270 7,118 8,388 51Page
20f44c22-b153-46cc-a419-elll0c4798c8 CUMBERNAULD POVERTY ACTION (SCIO), SCOThISH CHARITY NUMBER SC051570 TRUSTEES ANNUAL REPORT AS AT 31- MARCH 2025 MOVEMENT OF FUNDS Opening Balance £ 8,133 2,515 Closing Movement £ balance £ 2.796 10.929 (2,358) 157 13.925 13.925 1,623 1,623 FUNDER Restricted, SGN Safe & Wan Scheme Restricted, Awartls for All Rastricted, The RotBrtson Trust Rastricted, VANL-LAF Rastricted, Sainsbury's (Naiqhbourly) Rastricted. NLC Micro fund Community Ernpowerynent TOTAL RESTRICTED FUND UNRESTRICTED GENERAL FUNDS TOTAL FUND 66 434 (1,710) 66 434 49.8SO 51,560 174 6. OTHER INCOME 2025 2025 Unrastrict8d Restrict8d Funds Funds 2025 Total Funds 2024 Total Funds Bank Interest Other Income TOTAL 71 71 7.PAYMENTS FOR CHARITABLE ACTIVITIES 2025 2025 Unro8trict&d R8strict8d Funds Funds 2025 Total Funds 2024 Total Fund8 Staff Costs HMRC Paid Staff Training Pensions Costs Subscriptions Rent Advertising & Markating Telaphone & broadbarKI Volunteer Expenses Milgage Bank Feos Fugl Vouchers Household Hardship Fund paid Insurance Repairs & Maintenance Office Furniture Light, Power, Heating Office Costs Printing & Literature IT Expenses Tido m8 ov8r Events Breakfast club supplies Farm food vouchers TOTAL 768 50,092 9,719 91 7,733 5,738 6,915 612 1,060 234 43 50,860 9,719 91 7,733 5,738 6,915 612 1,060 234 43 48,214 10.948 95 4,577 205 6,729 943 418 90 900 1,112 2,012 4,822 1,100 844 934 108 251 150 1,294 974 125 1,865 86 934 108 251 150 1,294 974 125 1,865 86 1,356 765 1,362 302 425 1,630 225 225 61Page
20f44c22-b153-46cc-a419-elll0c4798c8 CUMBERNAULD POVERTY ACTION (SCIO), SCOThISH CHARITY NUMBER SC051570 TRUSTEES ANNUAL REPORT AS AT 31- MARCH 2025 8 CAPITAL COSTS 2025 2025 Unrestricted Restricled Funds Funds 2025 Total Funds 2024 Total Funds Capital Purchasa TOTAL 9 GOVERNANCE 2025 2025 Unraslrictad Rostriclad Funds Funds 2025 Tolal Funds 2024 Total Fundg Digital Accounting Servicos Payroll Fees TOTAL 480 480 175 13 13 175 9 STAFF COSTS Wages are prepared by the Scottish Councll for Voluntary Organisations (SCVO). 2025 Totsl 2024 Toial Staff Costs HMFIC Paid TOTAL 50.860 9.719 48,214 10,948 There are 4 members of staff 2 full-time worker and 2 sessional workers 10 FIXED ASSET POLICY Cumbernauld Poverty Acllon (SCIO) establlshes £250 as the threshold amount before belng added to Flxed asset register. All Items of a capital nature are expensed In the Recelpts and Payments accounts. Assets are currently valued at hlstorlc cost. 2025 £ 3,302 2024 £ 2,098 All assets are valued at original cost 11. PREPAYMENTS The charity has prepaid a subscriplion extension to housing system website for the p8riod 1 th December 2024 to 30 November 2026. 12 RENT AGREEMENT This is a continuous rental agreement with NLC for Rent and Broadband charges which Is Invoiced annually, which has now been transferred to SCIO this is for £81 g per month. 13. LIABILITIES HMRC and pensions have been fully paid to date 71Page
20f44c22-b153-46cc-a419-elll0c4798c8 CUMBERNAULD POVERTY ACTION (SCIO), SCOThISH CHARITY NUMBER SC051570 TRUSTEES ANNUAL REPORT AS AT 31- MARCH 2025 There are no other liabilities for the charity at this time The independent examiners report atlached forms part of these accounts The accounts for the year are attached and form part of this report. The rep tees on and signed on their behalf Signed Chairperson: Date...... 07 Nov 2025 (UTQ Signed Vice Chair Person 07 Nov 2025 (Lrrci 81Page
20f44c22-b153-46cc-a419-elll0c4798c8 CUMBERNAULD POVERTY ACTION (SCIO), SCOThISH CHARITY NUMBER SC051570 TRUSTEES ANNUAL REPORT AS AT 31- MARCH 2025 INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF CUMBERNALD POVERTY ACTION I report on the accounts of the charity for the year ended 3110312024, which are set out on pages 1 to 8 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) {d) of the Charities Accounts {Scotland} Regulations 2006 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 carriod out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An exarnination includes a review of the accounting records kapt by the charity and a comparison of tha accounts presented with those records. It also includes consideration of any unusual items or disclosures In the accounts, and the seeking of explanations from you as trustees concernlng any such matters. The procedures undertaken do not provlde all the evldence that would be requlred In an audlt and, consequently, I do not express an audlt opinion on the view given by the accounts. INDEPENDENT EXAMINERS. STATEMENT In tho courso of my examination, no matter has come to my attention: 1) which glves me reasonable cause to belleve that, In any materlal respect, the requlrements 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 preparo accounts which accord with tho accounting records and comply with Regulation g of the 2006 Accounts Regulations have not been mgt; or 2) to which, in my opinion, attention should be drawn in order lo enable a proper understandin of the accounts to be reached. Signed Finance Professional Qualification Address: Voluntary Action North Lanarkshire 90 Brandon Parade East Motherwell ML1 1LY Date 10 Nov 2025 (UTC) 91Page