REGISTERED CHARITY NUMBER: SC051600
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
UIG COMMUNITY CENTRE ASSOCIATION SCIO
CIB Services
Chartered Accountants
63 Kenneth Street
Stornoway
Isle of Lewis
Western Isles
HS1 2DS
UIG COMMUNITY CENTRE ASSOCIATION SCIO
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
|
|
Page |
|
Report of the Trustees |
1 |
to |
3 |
Independent Examiner's Report |
|
4 |
|
Statement of Financial Activities |
|
5 |
|
Balance Sheet |
|
6 |
|
Notes to the Financial Statements |
7 |
to |
14 |
UIG COMMUNITY CENTRE ASSOCIATION SCIO
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyearended31December2024. The
trusteeshaveadoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommended Practice
applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableinthe UK
and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Theprincipalobjectsofthecharityaretheprovisionofrecreationalfacilitiesortheorganisationofrecreational activities
withtheobjectofimprovingtheconditionsoflifeforthecommunityforwhomthefacilitiesoractivitiesare primarily
intended, being within the UCCA locality, with the activities including but not restricted to:
- the provision of activities that encourage the improvement of physical and mental health;
-thepromotionofcommunitydevelopmentbymeansofactivitiesandprojectsthatencouragecommunitybenefit and
involvement;
-inpartnershipwithotheragenciesandgroups,activitiesthatencourageandsustaintheadvancementofarts, heritage
and culture, and the gaelic language, by the provision of a volunteer led museum and heritage centre;
- the provision of classes and clubs for all ages within the facility, in the advancement of education.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
In2024,UigCommunityCentreAssociationcontinuedtosupportawiderangeofcommunityactivitiesand services
withintheUigarea.Thehallremainedavitalspaceforlocalgroups,events,andclasses,includingregular sports
sessions, community meetings, and a variety of social gatherings and celebrations.
Akeycontributortothehall'sfinancialsustainabilitywastheUigCommunityCafé,whichoperatedsuccessfullyfrom the
centrethroughouttheyear.Thecaféservedasbothavaluedsocialhubandanimportantsourceofrevenue,helping to
meettheCentre'srunningcostsandenablingthecharitytodeliverongoingbenefitstothecommunity.Thecommittee is
especially grateful to all involved in running the café for their hard work and dedication during the year.
ThecharityhostedabroadcalendarofeventsincludingaCurryNight,aChristmasFayre,asuccessfulFireworks Night,
andaQuizNight.TheSummerKidsClubonceagainprovidedenjoyableholidayactivitiesforlocalchildren,and the
Centrealsowelcomedarangeofmusicandculturalperformances,includingthoseby
along with several well-attended open mic nights.
2024alsomarkedthe25thanniversaryoftheValtosTrustandtheCommunityCentrebuilding,withtwo celebratory
eventsheldtocommemoratethesemilestones.Thesegatheringsdrewastrongturnoutandreflectedthe continued
importance of the Centre as a focal point for community life in Uig.
GrantfundingenabledthecontinuationoftheHallManagerpostandcontributedtotheearly-stagedevelopmentof the
solarPVproject.Thecommitteealsoworkedwithpartnerstoallocateringfencedfundstotargetedlocal initiatives,
including support for young people's activities and energy efficiency improvements.
Thecommitteewouldliketoexpressitssincerethankstoallwhocontributedtotheworkofthecharitythroughout the
year-frombehind-the-scenessupporttoday-to-dayinvolvement-helpingtosustainandstrengthenthis valued
community resource.
FINANCIAL REVIEW
Financial position
Duringtheyearthecharity'sexpenditureexceededincomeresultinginnetexpenditureof£2,402fortheperiod(2023 -
netexpenditureof£11,760).Thisrepresentsadecreaseof£20,020inunrestrictedfundsandanincreaseof£17,618 in
restrictedfunds.Asaresult,unrestrictedfundshasdecreasedto£22,816(2023-£42,836)andrestrictedfunds has
increased to £36,910 (2023 - £19,292). Total funds of £59,726 were held at year-end (2023 - £62,128).
Thegeneralfundincludesfundsof£2,473relatingtotangiblefixedassetswhichareutilisedtofundthe future
depreciationofthefixedassets(2023-£3,106).Aftermakingallowanceforthesefunds,unrestrictedfreereserves of
£20,343 were held at year-end (2023 - £39,730).
Principal funding sources
The charity is dependent on grants, hall hires, fundraising and rental income to fund its operational costs.
Page 1
UIG COMMUNITY CENTRE ASSOCIATION SCIO
FOR THE YEAR ENDED 31 DECEMBER 2024
REPORT OF THE TRUSTEES
FINANCIAL REVIEW
Investment policy and objectives
Thecharity'sreservesaremaintainedinbankaccountsasthecurrentlevelsofreservesarerequiredtomeetthe charity's
short-term operational requirements.
Reserves policy
Thegeneralfundrepresentstheunrestrictedfundsfrompastoperatingresults.Italsorepresentsthefreereservesof the
charity.Thetrusteeshaveexaminedthecharity'srequirementsforreservesinlightofthemainriskstothecharity and
considerthatsixmonthsoperatingexpenditure,whichcurrentlyequatestoaround£30,000,shouldbeheld in
unrestrictedreserves.Thiswouldallowthecharitytocontinuetooperateintheeventofaninterruptioninits income
streams.Theunrestrictedfreereservesheldat31December2024fallsshortofthistargetandthetrusteesaimto build
reservestothislevelthroughplannedoperatingsurplusesoverthenextfewyears.Fundsarealsoraisedfor specific
projects as required.
FUTURE PLANS
Thecharity'splansforthefutureincludetheongoingmanagement,maintenanceanddevelopmentofthe community
centre.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
ThecharityisaScottishCharitableIncorporatedOrganisation(SCIO)whichbecamearegisteredcharityon21 February
2022.Theassetsandliabilitiesoftheunincorporatedassociation,UigCommunityCentreAssociation(Scottish charity
numberSC023792),weretransferredtoUigCommunityCentreAssociationSCIOon21February2022,exceptfor the
communitycentrewhichwillbetransferredtotheSCIOoncetitletothepropertyhasbeentransferred.The purposes
and administration of the charity are set out in its constitution.
Recruitment and appointment of new trustees
Themanagementofthecharityistheresponsibilityoftheboardoftrusteeswhoareappointedorre-appointedunder the
termsoftheconstitution.AteachAnnualGeneralMeeting,themembersmayelectanymembertobeacharity trustee.
Theboardmayatanytimeappointanymembertobeacharitytrustee.Inaddition,theboardmayatanytime appoint
anynon-memberoftheorganisationtobeacharitytrusteeeitheronthebasisthattheyhavebeennominatedby a
partnerorganisationoronthebasisthattheyhavespecialistexperienceand/orskillswhichcouldbeofassistanceto the
board. At each AGM, all of the charity trustees shall retire from office but shall then be eligible for re-election.
Organisational structure
Theboardoftrusteesmanagestheaffairsofthecharitythroughregularmeetings.Thetrusteesareheavilyinvolved in
thedaytodayoperationsofthecharity.ThecharityemploysaCommunityCentreCo-ordinatorwhoassistsin the
implementation of decisions from the board of trustees.
Induction and training of new trustees
The charity undertakes training for trustees to ensure awareness and understanding of:-
-
the responsibilities of trustees;
-
the organisational structure of the charity;
-
the financial position of the charity; and
-
the future plans and objectives of the charity.
Risk management
Thetrusteeshaveadutytoidentifyandreviewtheriskstowhichthecharityisexposedandtoensure appropriate
controls are in place to provide reasonable assurance against fraud and error.
Thetrusteeshaveconsideredthemajorriskstowhichthecharityisexposed,inparticularthoserelatingtothe operations
and finances of the charity, and are satisfied that measures are in place to mitigate exposure to those risks.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
SC051600
Page 2
UIG COMMUNITY CENTRE ASSOCIATION SCIO
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
Independent Examiner
CIB Services
Chartered Accountants
63 Kenneth Street
Stornoway
Isle of Lewis
Western Isles
HS1 2DS
Bankers
Virgin Money
154-158 Kensington High Street
London
W8 7RL
Approved by order of the board of trustees on 1 October 2025 and signed on its behalf by:
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
UIG COMMUNITY CENTRE ASSOCIATION SCIO
I report on the accounts for the year ended 31 December 2024 set out on pages five to fourteen.
Respective responsibilities of trustees and examiner
Thecharity'strusteesareresponsibleforthepreparationoftheaccountsinaccordancewiththetermsofthe Charities
andTrusteeInvestment(Scotland)Act2005andtheCharitiesAccounts(Scotland)Regulations2006(asamended). The
charity'strusteesconsiderthattheauditrequirementofRegulation10(1)(a)to(c)oftheAccountsRegulationsdoes not
apply.ItismyresponsibilitytoexaminetheaccountsasrequiredunderSection44(1)(c)oftheActandtostate whether
particular matters have come to my attention.
Basis of the independent examiner's report
MyexaminationwascarriedoutinaccordancewithRegulation11oftheCharitiesAccounts(Scotland)Regulations 2006.
Anexaminationincludesareviewoftheaccountingrecordskeptbythecharityandacomparisonofthe accounts
presentedwiththoserecords.Italsoincludesconsiderationofanyunusualitemsordisclosuresintheaccounts, and
seekingexplanationsfromyouastrusteesconcerninganysuchmatters.Theproceduresundertakendonotprovide all
theevidencethatwouldberequiredinanaudit,andconsequentlyIdonotexpressanauditopinionontheviewgiven 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.
CIB Services
Chartered Accountants
63 Kenneth Street
Stornoway
Isle of Lewis
Western Isles
HS1 2DS
2 October 2025
Page 4
UIG COMMUNITY CENTRE ASSOCIATION SCIO
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
|
|
|
|
31.12.24 |
31.12.23 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
fund |
funds |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
INCOME AND ENDOWMENTS FROM |
|
|
|
|
|
Donations and legacies |
3 |
18,669 |
- |
18,669 |
11,567 |
Charitable activities |
5 |
|
|
|
|
Community Centre |
|
20,915 |
28,170 |
49,085 |
34,924 |
Investment income |
4 |
349 |
- |
349 |
338 |
Total |
|
39,933 |
28,170 |
68,103 |
46,829 |
EXPENDITURE ON |
|
|
|
|
|
Charitable activities |
6 |
|
|
|
|
Community Centre |
|
59,953 |
10,552 |
70,505 |
58,589 |
NET INCOME/(EXPENDITURE) |
|
(20,020) |
17,618 |
(2,402) |
(11,760) |
RECONCILIATION OF FUNDS |
|
|
|
|
|
Total funds brought forward |
|
42,836 |
19,292 |
62,128 |
73,888 |
TOTAL FUNDS CARRIED FORWARD |
|
22,816 |
36,910 |
59,726 |
62,128 |
The notes form part of these financial statements
Page 5
UIG COMMUNITY CENTRE ASSOCIATION SCIO
BALANCE SHEET
31 DECEMBER 2024
|
|
|
|
31.12.24 |
31.12.23 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
fund |
funds |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
FIXED ASSETS |
|
|
|
|
|
Tangible assets |
12 |
2,473 |
15,775 |
18,248 |
14,219 |
CURRENT ASSETS |
|
|
|
|
|
Debtors |
13 |
791 |
- |
791 |
587 |
Cash at bank and in hand |
|
21,790 |
21,135 |
42,925 |
50,006 |
|
|
22,581 |
21,135 |
43,716 |
50,593 |
CREDITORS |
|
|
|
|
|
Amounts falling due within one year |
14 |
(2,238) |
- |
(2,238) |
(2,684) |
NET CURRENT ASSETS |
|
20,343 |
21,135 |
41,478 |
47,909 |
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
22,816 |
36,910 |
59,726 |
62,128 |
NET ASSETS |
|
22,816 |
36,910 |
59,726 |
62,128 |
FUNDS |
15 |
|
|
|
|
Unrestricted funds |
|
|
|
22,816 |
42,836 |
Restricted funds |
|
|
|
36,910 |
19,292 |
TOTAL FUNDS |
|
|
|
59,726 |
62,128 |
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissueon1October2025and were
signed on its behalf by:
The notes form part of these financial statements
Page 6
UIG COMMUNITY CENTRE ASSOCIATION SCIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
1. STATUTORY INFORMATION
UigCommunityCentreAssociationSCIOisaScottishCharitableIncorporatedOrganisation(SCIO)registered in
Scotland. The charity's registered number and principal address can be found in the Report of the Trustees.
2. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,havebeenprepared in
accordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities:Statement of
RecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting
StandardapplicableintheUKandRepublicofIreland(FRS102)(effective1January2019)',Financial Reporting
Standard102'TheFinancialReportingStandardapplicableintheUKandRepublicofIreland'andthe Charities
andTrusteeInvestment(Scotland)Act2005.Thefinancialstatementshavebeenpreparedunderthe historical
cost convention.
Thefinancialstatementsarepreparedinsterlingwhichisthefunctionalcurrencyofthecharity,andamounts are
rounded to the nearest £.
Going concern
TheactivitiesofthecharityhavebeenaffectedbytheimpactoftheCOVID-19pandemicandthetrustees have
assessed the charity's ability to continue as a going concern.
Themanagementteamhavepreparedprojectionswhichreflectthefinancialimpactofthecoronaviruscrisis on
thecharity.Thetrusteeshavereviewedtheprojectionsand,basedonthisreview,haveareasonable expectation
thatthecharityhasadequateresourcestocontinueinoperationforaperiodofatleast12monthsfrom the
approvalofthefinancialstatements.Thecharitythereforecontinuestoadoptthegoingconcernbasis in
preparing its financial statements.
Financial reporting standard 102 - reduced disclosure exemptions
Thecharityhastakenadvantageofthefollowingdisclosureexemptioninpreparingthesefinancialstatements, as
permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
the requirements of Section 7 Statement of Cash Flows.
Critical accounting judgements and key sources of estimation uncertainty
Intheapplicationofthecharity'saccountingpolicies,thetrusteesarerequiredtomakejudgements, estimates
and assumptions that affect the amounts reported for assets, liabilities, income and expenditure.
Theestimatesandassociatedassumptionsarebasedonhistoricalexperienceandotherfactorsthat are
considered to be relevant. Actual results may differ from these estimates.
Theestimatesandassumptionsarereviewedonanongoingbasis.Revisionstoaccountingestimates are
recognised in the period in which the estimate is revised and in future periods should it affect future periods.
Theestimatesandassumptionswhichcarryahigherdegreeofriskofcausingamaterialadjustmentto the
carrying amount of assets and liabilities are as follows:
Useful economic lives of tangible fixed assets
Theannualdepreciationchargefortangiblefixedassetsissensitivetochangesintheestimateduseful economic
livesandresidualvaluesoftheassets.Theyareamendedwhennecessarytoreflectcurrentestimates, future
investment,economicutilisationandthephysicalconditionoftheassets.Seenote12fordetailsofthevalues of
tangible fixed assets.
Income
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementtothe income,
thereissufficientcertaintyofreceiptandsoitisprobablethattheincomewillbereceived,andtheamount of
income receivable can be measured reliably.
continued...
Page 7
UIG COMMUNITY CENTRE ASSOCIATION SCIO
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
2. ACCOUNTING POLICIES - continued
Income
Grantsgeneratedtosupporttheobjectsofthecharityandwithoutfurtherspecifiedpurposearetakento the
StatementofFinancialActivitiesinthatperiod.Grantsreceivedwhicharerelatedtocapitalexpenditureorare for
aspecifiedpurposearetransferredtoRestrictedFundsandareutilisedtofundthefuturedepreciationof the
related capital expenditure or fund the costs relating to the specified purpose.
Incomefromgovernmentandothergrantsarerecognisedatfairvaluewhenthecharityhasentitlementafter any
performanceconditionshavebeenmet,itisprobablethattheincomewillbereceivedandtheamountcan be
measured reliably. If entitlement is not met then these amounts are deferred.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the
charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredinsettlement and
theamountoftheobligationcanbemeasuredreliably.Expenditureisaccountedforonanaccrualsbasisand has
beenclassifiedunderheadingsthataggregateallcostrelatedtothecategory.Wherecostscannotbe directly
attributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuse of
resources.
Charitable activities
Charitableexpenditurecomprisesthosecostsincurredbythecharityinthedeliveryofitsobjectsandactivities. It
includesbothcoststhatcanbeallocateddirectlytosuchactivitiesandthosecostsofanindirectnature necessary
to support them.
Governance costs
Governancecostsincludethosecostsassociatedwithmeetingtheconstitutionalandstatutoryrequirements of
the charity and include accountancy fees and costs linked to the strategic management of the charity.
Allocation and apportionment of costs
AllcostsareallocatedbetweentheexpenditurecategoriesoftheStatementofFinancialActivitiesona basis
designedtoreflecttheuseoftheresource.Costsrelatingtoaparticularactivityareallocateddirectly,others are
apportioned on an appropriate basis e.g. estimated usage.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Tenant's improvements- 2% on cost and no depreciation-asset under construction
Fixtures and fittings- 20% on cost
Equipment- 20% on cost
Tangiblefixedassetsarestatedatcostlessaccumulateddepreciation.Thecostsofminoradditionsor those
costing below £100 are not capitalised.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthecharity. 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
Thecharityoperatesadefinedcontributionpensionscheme.Contributionspayabletothecharity's pension
scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 8
UIG COMMUNITY CENTRE ASSOCIATION SCIO
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
2. ACCOUNTING POLICIES - continued
Debtors and creditors receivable / payable within one year
Debtorsandcreditorswithnostatedinterestrateandreceivableorpayablewithinoneyeararerecorded at
transaction price. Any losses arising from impairment are recognised in expenditure.
3. DONATIONS AND LEGACIES
3. |
DONATIONS AND LEGACIES |
|
|
|
|
|
|
31.12.24 |
31.12.23 |
|
|
|
£ |
£ |
|
Donations |
|
1,525 |
11,567 |
|
Sponsorship |
|
450 |
- |
|
Community Cafe |
|
16,694 |
- |
|
|
|
18,669 |
11,567 |
4. |
INVESTMENT INCOME |
|
|
|
|
|
|
31.12.24 |
31.12.23 |
|
|
|
£ |
£ |
|
Bank account interest |
|
349 |
338 |
5. |
INCOME FROM CHARITABLE ACTIVITIES |
|
|
|
|
|
|
31.12.24 |
31.12.23 |
|
|
Activity |
£ |
£ |
|
Hall hires |
Community Centre |
788 |
1,499 |
|
Fundraising events |
Community Centre |
19,549 |
20,323 |
|
Grants |
Community Centre |
28,014 |
1,535 |
|
Rental income |
Community Centre |
- |
10,202 |
|
Sale of equipment |
Community Centre |
550 |
1,200 |
|
Employment Allowance |
Community Centre |
156 |
116 |
|
Other income |
Community Centre |
28 |
49 |
|
|
|
49,085 |
34,924 |
|
Grants received, included in the |
above, are as follows: |
|
|
|
|
|
31.12.24 |
31.12.23 |
|
|
|
£ |
£ |
|
Comhairle nan Eilean Siar - Crown Estate Funding |
|
13,750 |
- |
|
Comhairle nan Eilean Siar - Ward Priority Fund |
|
900 |
- |
|
Western Isles Development Trust |
|
- |
1,000 |
|
Lewis and Harris Sports Council |
|
- |
535 |
|
Outer Hebrides Community Led |
Local Development |
1,200 |
- |
|
Energy Saving Trust - CARES grant |
|
3,164 |
- |
|
Uig Community Council |
|
9,000 |
- |
|
|
|
28,014 |
1,535 |
continued...
Page 9
UIG COMMUNITY CENTRE ASSOCIATION SCIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
6. CHARITABLE ACTIVITIES COSTS
6.
CHARITABLE ACTIVITIES COSTS |
|
Direct
Support
Costs (see
costs (see
note 7)
note 8)
£
£
Community Centre
47,969
22,536
7.
DIRECT COSTS OF CHARITABLE ACTIVITIES
31.12.24
£
Staff costs
4,388
Fundraising expenses
12,142
Community Cafe
5,153
Events and activities
-
Equipment
4,455
Playpark
409
Repairs and maintenance
17,424
Legal and professional fees
691
Donations
2,110
Depreciation
1,197
47,969
8.
SUPPORT COSTS
Governance
Premises
Administration
costs
£
£
£
Community Centre
19,572
1,493
1,471
Support costs, included in the above, are as follows:
31.12.24
Community
Centre
£
Insurance
4,341
Light and heat
9,583
Telephone and internet charges
1,230
Computer expenses
578
Cleaning expenses
3,840
Website
62
Training costs
320
Postage and stationery
125
Licences
531
Memberships and subscriptions
436
Interest payable and similar charges
19
Accountancy fees
1,440
Payroll fees
31
22,536 |
Totals
£
70,505 |
|
31.12.23
£
3,228
21,456
-
3,450
169
3,110
6,442
-
-
154
38,009
Totals
£
22,536
31.12.23
Total
activities
£
3,794
9,087
1,063
349
3,840
51
-
-
779
432
5
1,038
142
20,580 |
continued...
Page 10
UIG COMMUNITY CENTRE ASSOCIATION SCIO
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
9. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31December2024norforthe year
ended 31 December 2023.
Trustees' expenses
Therewerenotrustees'expensespaidfortheyearended31December2024norfortheyear ended
31 December 2023.
10. STAFF COSTS
STAFF COSTS |
|
|
|
31.12.24 |
31.12.23 |
|
£ |
£ |
Wages and salaries |
4,160 |
3,112 |
Social security costs |
156 |
116 |
Other pension costs |
72 |
- |
|
4,388 |
3,228 |
The average monthly number of employees during the year was as follows:
|
31.12.24 |
31.12.23 |
Community Centre |
1 |
1 |
No employees received emoluments in excess of £60,000.
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
fund
funds
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
11,567
-
Charitable activities
Community Centre
33,389
1,535
Investment income
338
-
Total
45,294
1,535
EXPENDITURE ON
Charitable activities
Community Centre
46,893
11,696
NET INCOME/(EXPENDITURE)
(1,599)
(10,161)
Transfers between funds
(1,203)
1,203
Net movement in funds
(2,802)
(8,958)
RECONCILIATION OF FUNDS
Total funds brought forward
45,638
28,250
TOTAL FUNDS CARRIED FORWARD
42,836
19,292 |
Total
funds
£
11,567
34,924
338
46,829
58,589
(11,760)
-
(11,760)
73,888
62,128 |
|
|
continued...
Page 11
UIG COMMUNITY CENTRE ASSOCIATION SCIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
12. TANGIBLE FIXED ASSETS
12.
TANGIBLE FIXED ASSETS |
|
|
Tenant's
improvements
£
COST
At 1 January 2024
9,315
Additions
5,226
At 31 December 2024
14,541
DEPRECIATION
At 1 January 2024
31
Charge for year
186
At 31 December 2024
217
NET BOOK VALUE
At 31 December 2024
14,324
At 31 December 2023
9,284
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
Prepayments
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other creditors
15.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Restricted funds
Restricted Grants fund
Buildings fund
TOTAL FUNDS |
Fixtures
and
fittings
Equipment
£
£
892
4,166
-
-
892
4,166
30
93
178
833
208
926
684
3,240
862
4,073
31.12.24
£
156
635
791
31.12.24
£
2,238
Net
movement
At 1.1.24
in funds
£
£
42,836
(20,020)
9,146
12,318
10,146
5,300
19,292
17,618
62,128
(2,402) |
Totals
£
14,373
5,226
19,599
154
1,197
1,351
18,248
14,219
31.12.23
£
-
587
587
31.12.23
£
2,684
At
31.12.24
£
22,816
21,464
15,446 |
|
|
36,910 |
|
|
59,726 |
continued...
Page 12
UIG COMMUNITY CENTRE ASSOCIATION SCIO
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
15. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
39,933
Restricted funds
Restricted Grants fund
22,506
Buildings fund
5,664
28,170
TOTAL FUNDS
68,103
Comparatives for movement in funds
Net
movement
At 1.1.23
in funds
£
£
Unrestricted funds
General fund
45,638
(1,599)
Restricted funds
Restricted Grants fund
22,846
(10,100)
Buildings fund
5,404
(61)
28,250
(10,161)
TOTAL FUNDS
73,888
(11,760)
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
45,294
Restricted funds
Restricted Grants fund
1,535
Buildings fund
-
1,535
TOTAL FUNDS
46,829 |
Resources
Movement
expended
in funds
£
£
(59,953)
(20,020)
(10,188)
12,318
(364)
5,300
(10,552)
17,618
(70,505)
(2,402)
Transfers
between
At
funds
31.12.23
£
£
(1,203)
42,836
(3,600)
9,146
4,803
10,146
1,203
19,292
-
62,128
Resources
Movement
expended
in funds
£
£
(46,893)
(1,599)
(11,635)
(10,100)
(61)
(61)
(11,696)
(10,161)
(58,589)
(11,760) |
|
|
FUNDS
General fund
Thegeneralfundrepresentsunrestrictedfundswhichthetrusteesarefreetouseinaccordancewith the
charitable objects.
continued...
Page 13
UIG COMMUNITY CENTRE ASSOCIATION SCIO
FOR THE YEAR ENDED 31 DECEMBER 2024
NOTES TO THE FINANCIAL STATEMENTS - continued
15. MOVEMENT IN FUNDS - continued
Restricted Grants fund
Thisrepresentsgrantsreceivedfrompublicfundingagenciesandtrustsforaspecifiedpurposeorinrespect of
capitalexpenditure.Thefundsareutilisedtofundcostsrelatingtothespecifiedpurposeortofundthe future
depreciation of the capital expenditure.
Buildings fund
Thisrepresentsthefundsraisedfromvariousorganisationstoassistinthebuildingofthecommunity centre
togetherwithfundsreceivedfrompublicfundingagenciesandtrusts,andfundssetasidebythecharity,to assist
withthebuildingoftheequipmentstoreandthepurchaseoffixturesandfittings.Thefundsareutilisedto fund
the future depreciation of the capital expenditure.
16. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2024.
17. PERMANENT ENDOWMENTS
The charity does not have any permanent endowments.
Page 14