REGISTERED CHARITY NUMBER: SC051688
Report of the Trustees and Financial Statements for the Year Ended 31 March 2025
for Courtyard Pantry Enterprise SCIO
Brett Nicholls Associates Herbert House
24 Herbert Street Glasgow G20 6NB
Courtyard Pantry Enterprise SCIO
Contents of the Financial Statements for the Year Ended 31 March 2025
| Page | |
|---|---|
| Reference and Administrative Details | 1 |
| Report of the Trustees | 2 to 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8 to 18 |
Courtyard Pantry Enterprise SCIO
Reference and Administrative Details for the Year Ended 31 March 2025
TRUSTEES PRINCIPAL ADDRESS
REGISTERED CHARITY NUMBER SC051688
INDEPENDENT EXAMINER
BANKERS
Brett Nicholls Associates Herbert House 24 Herbert Street Glasgow G20 6NB Bank of Scotland Teviot House 41 South Gyle Crescent Edinburgh EH12 9DR
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Courtyard Pantry Enterprise SCIO
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).
OBJECTIVES AND ACTIVITIES Objectives and Aims
Who are we?
Our purpose is to reduce the impacts of poverty in Glasgow by using food as a vehicle for change.
We accomplish this by providing high-quality food at low cost through our food pantry and by creating secure, well-paid jobs and training opportunities at our food enterprises for those most at risk of long-term unemployment.
Our innovative and sustainable model aims to address the root causes of poverty and help ease the trauma caused by economic inactivity and limited access to quality food for local people and their families in Glasgow.
Our Vision
A future where everyone has access to sufficient resources and affordable, sustainable food that improves their lives; a community where poverty no longer exists.
Mission Statement
We combat the harmful effects of poverty by creating well-paid, secure jobs at our food enterprises, distributing quality food affordably, and reducing waste while minimizing our environmental impact.
Values
The Board of Trustees and Management team have established a set of organizational values that reflect the type of organization we aspire to be, grounded in an inclusive, human rights-based approach.
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Fair Work
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Dignity
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Integrity
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Collaboration
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Sustainable
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Solution Focused
What We Do
We witness the harmful impacts of economic inactivity, lack of opportunity, and poverty in our communities, and we are actively working to change that.
Good Food for All
We alleviate financial hardship by providing quality, affordable food through our Pantry Hub. As a vibrant local hub, our project enhances community connectivity, reduces loneliness and isolation, and serves as a gateway to additional cost-of-living support services.
Breaking Down Barriers to Employment
We create jobs, training, and volunteering opportunities at our social enterprises for individuals from disadvantaged backgrounds and those most at risk of long-term unemployment. We are guided by community wealth-building principles, aimed at creating a more equitable, community-based economy through inclusive economic development.
Environmental Sustainability
Our project contributes to transforming North Glasgow into an accessible, green space by using electric vehicles and tackling food waste.
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Courtyard Pantry Enterprise SCIO
Report of the Trustees for the Year Ended 31 March 2025
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The year 2024/25 has seen The Courtyard Pantry Enterprise SCIO continue providing vital support to the community by addressing food poverty and its underlying causes with dignity and innovation.
Our innovative social enterprise model and expanding impact have earned national recognition, including winning the "One to Watch 2024" award at the Scottish Social Enterprise Awards. We were also finalists at the 2025 Smiley Charity Film Awards and nominated for Social Enterprise of the Year at the UK Social Enterprise Awards.
Our core work - using food as a tool for positive change - has reached new heights. We welcomed more new pantry members, provided thousands of high-quality meals that nourished adults, children, and families - especially those most at risk of food insecurity - and maintained our commitment to fairness and respect for all. Demand remains strong, highlighting ongoing pressures faced by many local families and underscoring the importance of our mission.
Collaboration remains central to our approach. Our founding partnership with Flourish House, ongoing work with Queens Cross Housing Association, the Poverty Alliance, and others has allowed us to expand our services and support, including our popular café, Toshies - a vibrant community asset - and various outreach advice services.
These networks not only strengthen our projects but also help us connect people with additional resources and opportunities to improve their quality of life.
Financially, we remain stable and prudent, thanks to continued support from grant funders, statutory partners, volunteers, and local businesses. Although funding is challenging, we seek sustainable grant funding and ongoing statutory support to ensure our long-term viability.
The trustees and I are incredibly proud of our dedicated team, volunteers, and supporters whose kindness and resilience are the backbone of our success. As we look forward, we remain committed to our core principle: reducing the impact of poverty and enabling all community members to thrive, with food security serving as a foundation for overall well-being.
FINANCIAL REVIEW
Financial position
The charity incurred a net deficit of £34,989 for the year ended 31 March 2025 (2024: deficit of £11,250). The deficit this year is due to utilising restricted funds brought forward that were due to be spent this year. Excluding this timing difference, the charity generated a surplus of unrestricted funds, increasing reserves by £26,982 (2024: decreased by £16,795).
At 31 March 2025, total reserves stood at £57,845 (2024: £92,834), with £24,902 representing the book value of the charity's tangible fixed assets (2024: £39,626), £25,111 unrestricted general funds (2024: -£16,595) and £7,832 restricted funds (2024: £69,803).
Reserves policy
Our current reserves policy is to set aside £25,000 of unrestricted funds, which is the equivalent of one month's running costs. The Board and Managing Director are working on a long-term strategy to increase the value of our reserves position to that of three months running costs.
Based on the accounts for the year ended 31 March 2025, ordinary expenditure for 3 months amounts to £101,956. At 31 March 2025 the charity held unrestricted free reserves of £25,111, therefore the trustees are satisfied that the policy is being met and aim to build unrestricted reserves through income generation to meet the longer term strategy.
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Courtyard Pantry Enterprlse SCIO Report of the Trustees for the Year Ended 31 Marth 2025 STRUCTURE. GOVERNANCE AND MANAGEMENT Governlng document Coutyard Pantry Enlerprise SCIO was estsblished as a charity on 13 April 2022 and is registere(I with the Office of the Scottish Regulator Charity No. SC051688. The charity is a Scottish Charitsble Incorporated Organisation ISCIO) and is govemed by its constitution. Key managèment remuneratl¢)n In the opinion of the trustees there is one member of key management. the managing director. The total cost to the employer for this post was £47.604 for th8 y8ar to 31 March 2025 (2024.. £42,941) 1711012025 Approved by order ofthe toar(l oftrustees on ............................................. and signed on its behalf by: Page 4
Independent Examiner's Report to the Trustees of Courtyard Pantry Enterprise SCIO
I report on the accounts for the year ended 31 March 2025 set out on pages six to eighteen.
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:
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(1) which gives me reasonable cause to believe that, in any material respect, the requirements
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to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
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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: .............................................
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Courtyard Pantry Enterprise SCIO
Statement of Financial Activities for the Year Ended 31 March 2025
| Unrestricted Restricted funds funds Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 3 150,634 33,520 Other trading activities 4 184,165 - Other income 5 3,271 1,729 Total 338,070 35,249 EXPENDITURE ON Raising funds 6 57,714 10,218 Charitable activities 7 Reduce the harmful effects of poverty 252,890 87,002 Other 10 484 - Total 311,088 97,220 NET INCOME/(EXPENDITURE) 26,982 (61,971) RECONCILIATION OF FUNDS Total funds brought forward 23,031 69,803 TOTAL FUNDS CARRIED FORWARD 50,013 7,832 |
2025 Total funds £ 184,154 184,165 5,000 373,319 67,932 339,892 484 408,308 (34,989) 92,834 57,845 |
2024 Total funds £ 196,956 157,767 5,000 359,723 68,186 302,787 - 370,973 (11,250) 104,084 92,834 |
|---|---|---|
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
This statement of financial activities includes all gains and losses recognised in the year.
Comparative figures for the previous year by fund type are shown in note 13.
The notes on pages 8 to 18 form part of these financial statements
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Courtyard Pantry Enterprlse SCIO Balance Sheet 31 March 2025 2025 2024 Notss FIXED ASSETS Tangible assets 14 24.2 39.626 CURRENT ASSETS Debtors Cash at bank and in hand 15 40.332 137.749 32.075 123.029 178.081 155,104 CREDITORS Amounts falling due within one year 16 {58,586) (12.941) NET CURREKf ASSETS 119.495 142.163 TOTAL ASSEfs LESS CURRENT LIABILMES 144,397 181.789 CREDITORS Amounts falling due after more than ore year 17 {86,552} (88.955) NET ASSETS 57.845 92.834 FUNDS Unrestricted funds: General fund Fixed Assets 20 25,111 24.9J2 (16,595) 39,626 Restricted funds 7.832 69.803 TOTAL FUNDS 1711012025 The finanual statements were approved by the Board of Trustees arKI authorised for issue on ............................................. and were signed on its behalf by: The notes on pages 8 to 18 form part of these firncIal ststements Page 7
Courtyard Pantry Enterprise SCIO
Notes to the Financial Statements for the Year Ended 31 March 2025
1. GENERAL INFORMATION
Courtyard Pantry Enterprise SCIO was established as a charity on 13 April 2022 and is registered with the Office of the Scottish Regulator Charity No. SC051688. The charity is a Scottish Charitable Incorporated Organisation (SCIO) and is governed by its constitution. Its registered address is 2 Wester Common Drive, Glasgow, G22 5PG.
2. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements are prepared on an accruals basis, and on a going concern basis, in accordance with:
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the Charities and Trustee Investment (Scotland) Act 2005;
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Regulation 8 (Statement of account - Fully accrued accounts) of The Charities Accounts (Scotland) Regulations 2006;
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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;
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'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");
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UK Generally Accepted Accounting Practice; and
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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.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
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.
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.
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.
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Courtyard Pantry Enterprise SCIO
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
2. ACCOUNTING POLICIES - continued
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Pantry assets - 25% on cost Toshie's assets - 25% on cost
All assets costing more than £500 are capitalised and valued at historic cost.
Taxation
Courtyard Pantry Enterprise SCIO 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.
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.
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.
3. DONATIONS AND LEGACIES
| Donations Grants |
2025 £ 84,564 99,590 184,154 |
2024 £ 12,776 184,180 |
|---|---|---|
| 196,956 |
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Courtyard Pantry Enterprise SCIO
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
3. DONATIONS AND LEGACIES - continued
Grants received, included in the above, are as follows:
| Queens Cross Housing Association The Robertson Trust The Weir Foundation The Endrick Trust Allied Vehicles Charitable Trust Firstport Catalyst Garfield Weston Foundation Glasgow City Council The Robertson Trust Community Vehicle Grant The National Lottery - Improving Lives Neighbourly - Lidl Community Fund Hugh Fraser Foundation Morrisons Foundation The Asda Foundation Other Small Grants The Greggs Foundation The Scottish Government |
2025 £ 15,000 30,000 - 2,000 5,850 - 25,000 - - 1,929 - - - 1,800 5,220 9,900 2,891 99,590 |
2024 £ 3,980 33,191 25,000 - 13,000 20,000 10,000 5,000 5,509 50,000 500 8,000 10,000 - - - - |
|---|---|---|
| 184,180 |
A grant of £50,000 was received from the National Lottery – Improving Lives fund in March 2025. £48,071 of this has been deferred as it relates to activities which will be carried out in the 2025/26 year.
| 4. OTHER TRADING ACTIVITIES Memberships Sales Event Income Employability Programme |
2025 £ 19,570 142,955 400 21,240 184,165 |
2024 £ 17,123 140,644 - - |
|---|---|---|
| 157,767 |
5. OTHER INCOME
| OTHER INCOME | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Employers allowance | 5,000 | 5,000 |
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Courtyard Pantry Enterprise SCIO
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
| 6. RAISING FUNDS Other trading activities 2025 £ Purchases 64,747 Equipment 1,787 Uniforms 1,398 67,932 7. CHARITABLE ACTIVITIES COSTS Direct Support Costs (see costs (see note 8) note 9) £ £ Reduce the harmful effects of poverty 272,373 67,519 8. DIRECT COSTS OF CHARITABLE ACTIVITIES 2025 £ Staff costs 201,009 Insurance 1,581 Telephone 573 Postage and stationery 851 Bank fees 1,465 IT software and consumables 832 Payroll fee 2,061 Professional fees 1,069 Rent 9,583 Repairs and maintenance 6,048 Travelling and motor expenses 5,283 Utilities 4,926 Advertising & Marketing 315 Community Meal Purchase 4,777 Memberships 8,359 General 2,923 Loan Interest 1,237 Pre-Registration VAT - After School Club Purchases 3,916 Employability Programme Purchases 409 Friday Night Takeaway Purchases 916 Depreciation 14,240 272,373 |
|
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Courtyard Pantry Enterprise SCIO
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
9. SUPPORT COSTS
| Wages Social security Pensions Bookkeeping Independent examination 10. OTHER Loss on sale of assets Support costs |
2025 £ 57,600 5,438 1,344 2,137 1,000 67,519 2025 £ 484 67,519 68,003 |
2024 £ 54,900 5,066 1,273 3,015 720 64,974 2024 £ - 64,974 64,974 |
|---|---|---|
11. 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.
12. STAFF COSTS
| Wages and salaries Social security costs Other pension costs The average monthly number of employees during the year was as follows: Courtyard Enterprises |
2025 £ 241,865 18,686 4,840 265,391 2025 14 |
2024 £ 225,569 15,210 5,273 246,052 2024 12 |
||
|---|---|---|---|---|
No employees received emoluments in excess of £60,000.
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Courtyard Pantry Enterprise SCIO
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
| 13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds funds £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 100,967 95,989 Other trading activities 157,767 - Other income 3,156 1,844 Total 261,890 97,833 EXPENDITURE ON Raising funds 57,125 11,061 Charitable activities Reduce the harmful effects of poverty 221,072 81,715 Total 278,197 92,776 NET INCOME/(EXPENDITURE) (16,307) 5,057 Transfers between funds (488) 488 Net movement in funds (16,795) 5,545 RECONCILIATION OF FUNDS Total funds brought forward 39,826 64,258 TOTAL FUNDS CARRIED FORWARD 23,031 69,803 14. TANGIBLE FIXED ASSETS Pantry Toshie's assets assets £ £ COST At 1 April 2024 45,111 12,516 Disposals (800) - At 31 March 2025 44,311 12,516 DEPRECIATION At 1 April 2024 13,568 4,433 Charge for year 11,111 3,129 Eliminated on disposal (316) - At 31 March 2025 24,363 7,562 NET BOOK VALUE At 31 March 2025 19,948 4,954 At 31 March 2024 31,543 8,083 |
Total funds £ 196,956 157,767 5,000 359,723 68,186 302,787 370,973 (11,250) - (11,250) 104,084 92,834 Totals £ 57,627 (800) 56,827 18,001 14,240 (316) 31,925 24,902 39,626 |
|---|---|
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Courtyard Pantry Enterprise SCIO
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade debtors Payroll account Prepayments 16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other loans (see note 18) Trade creditors VAT Accrued expenses Deferred income |
2025 £ 12,651 376 27,305 40,332 2025 £ 4,571 1,095 3,849 1,000 48,071 58,586 |
2024 £ 4,820 926 26,329 32,075 2024 £ 6,660 741 4,515 1,025 - 12,941 |
|---|---|---|
Deferred income comprises income received for projects which commenced in 2025/26 and which Courtyard Pantry Enterprise SCIO was not entitled to in the 2024/25 year.
| At 1 April Deferred in year Released in year At 31 March 17. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR Other loans (see note 18) 18. LOANS An analysis of the maturity of loans is given below: Amounts falling due within one year on demand: Other loans Amounts falling between one and two years: Other loans - 1-2 years Amounts falling due between two and five years: Other loans - 2-5 years Amounts falling due in more than five years: Repayable by instalments: Other loans more 5yrs instal |
2025 £ - 48,071 - 48,071 2025 £ 86,552 2025 £ 4,571 4,571 13,712 68,269 |
2024 £ - - - - 2024 £ 88,955 2024 £ 6,660 13,320 19,980 55,655 |
|
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Courtyard Pantry Enterprise SCIO
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
19. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Unrestricted Restricted funds funds £ £ Fixed assets 24,902 - Current assets 122,178 55,903 Current liabilities (10,515) (48,071) Long term liabilities (86,552) - 50,013 7,832 |
2025 Total funds £ 24,902 178,081 (58,586) (86,552) 57,845 |
2024 Total funds £ 39,626 155,104 (12,941) (88,955) 92,834 |
|---|---|---|
Comparatives for analysis of net assets between funds
| Unrestricted Restricted funds funds £ £ Fixed assets 39,626 - Current assets 85,301 69,803 Current liabilities (12,941) - Long term liabilities (88,955) 23,031 69,803 20. MOVEMENT IN FUNDS At 1/4/24 £ Unrestricted funds General fund (16,595) Fixed Assets 39,626 23,031 Restricted funds Queens Cross Housing Association - Allied Vehicles Charitable Trust 2,970 Glasgow City Council 3,689 The National Lottery - Improving Lives 46,478 Hugh Fraser Foundation 8,000 Morrisons Foundation 8,666 The Greggs Foundation - The Endrick Trust - 69,803 TOTAL FUNDS 92,834 |
2024 Total funds £ 39,626 155,104 (12,941) (88,955) 92,834 Net movement in funds £ 41,706 (14,724) 26,982 832 (2,970) (2,443) (46,478) (8,000) (8,666) 5,349 405 (61,971) (34,989) |
2023 Total funds £ 42,210 161,494 (5,495) (94,125) 104,084 |
|---|---|---|
| At 31/3/25 £ 25,111 24,902 50,013 832 - 1,246 - - - 5,349 405 7,832 57,845 |
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Courtyard Pantry Enterprise SCIO
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
20. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Fixed Assets Restricted funds Queens Cross Housing Association Allied Vehicles Charitable Trust Glasgow City Council The National Lottery - Improving Lives Hugh Fraser Foundation Morrisons Foundation The Greggs Foundation The Endrick Trust The Asda Foundation Scottish Government TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 338,070 (296,364) 41,706 - (14,724) (14,724) 338,070 (311,088) 26,982 15,000 (14,168) 832 - (2,970) (2,970) - (2,443) (2,443) 2,728 (49,206) (46,478) 930 (8,930) (8,000) - (8,666) (8,666) 9,900 (4,551) 5,349 2,000 (1,595) 405 1,800 (1,800) - 2,891 (2,891) - 35,249 (97,220) (61,971) 373,319 (408,308) (34,989) |
|---|---|
Comparatives for movement in funds
| Unrestricted funds General fund Fixed Assets Restricted funds Queens Cross Housing Association The National Lottery The Robertson Trust The Weir Foundation Allied Vehicles Charitable Trust Glasgow City Council The Robertson Trust Community Vehicle Grant The National Lottery - Improving Lives Hugh Fraser Foundation Morrisons Foundation TOTAL FUNDS |
Net movement At 1/4/23 in funds £ £ (2,384) (3,214) 42,210 (13,093) 39,826 (16,307) 5,000 - 34,404 (34,404) 12,103 (22,905) 12,751 (12,946) - 2,970 - 3,689 - 5,509 - 46,478 - 8,000 - 8,666 64,258 5,057 104,084 (11,250) |
Transfers between funds £ (10,997) 10,509 (488) (5,000) - 10,802 195 - - (5,509) - - - 488 - |
At 31/3/24 £ (16,595) 39,626 23,031 - - - - 2,970 3,689 - 46,478 8,000 8,666 69,803 92,834 |
|---|---|---|---|
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Courtyard Pantry Enterprise SCIO
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
20. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Fixed Assets Restricted funds Queens Cross Housing Association The National Lottery The Robertson Trust The Weir Foundation Allied Vehicles Charitable Trust Glasgow City Council The Robertson Trust Community Vehicle Grant The National Lottery - Improving Lives Neighbourly - Lidl Community Fund Hugh Fraser Foundation Morrisons Foundation TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 261,890 (265,104) (3,214) - (13,093) (13,093) 261,890 (278,197) (16,307) 3,980 (3,980) - 394 (34,798) (34,404) 1,169 (24,074) (22,905) 281 (13,227) (12,946) 13,000 (10,030) 2,970 5,000 (1,311) 3,689 5,509 - 5,509 50,000 (3,522) 46,478 500 (500) - 8,000 - 8,000 10,000 (1,334) 8,666 97,833 (92,776) 5,057 359,723 (370,973) (11,250) |
|---|---|
21. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
22. PURPOSE OF FUNDS
General - the unrestricted, free reserves of the charity.
Designated - Fixed Assets - Represents the net book value of the charity's tangible fixed assets. Depreciation is charged to the fund, and additions are transferred to it.
Allied Vehicles Charitable Trust - Funding to support the provision of food for children in the local community.
Glasgow City Council - Funding to provide food for free to referrals from Glasgow City Council to the Pantry Hub.
Hugh Fraser Foundation - Funding to support the provision of free community meals for the local community.
Morrisons Foundation - Funding to support the provision of free community meals for the local community.
Neighbourly - Lidl Community Fund - Funding to purchase additional food/household items to support the operation of the Pantry Hub.
Scottish Government - Funding for a paid work placement.
The Asda Foundation - Funding to support the provision of food via the Pantry hub.
The Endrick Trust - Funding to support the provision of free community meals for the local community.
The Greggs Foundation - Funding to support the provision of the After School Club.
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Courtyard Pantry Enterprise SCIO
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
22. PURPOSE OF FUNDS - continued
The National Lottery (Improving Lives) - Funding to support the operation of the Pantry Hub.
The Robertson Trust - Funding for the managing director's salary.
The Robertson Trust Community Vehicle Grant - Match funding to support the purchase of an electric cargo quadricycle.
The Weir Foundation - Funding for pantry running costs and coordinator salary.
Queens Cross Housing Association - Funding to support the provision of free community meals for the local community.
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