**ALL LIFE CHANCES (SCIO) CHARITY NUMBER : SC051796**
**TRUSTEES REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025**
## **ALL LIFE CHANCES (SCIO)**
## **CONTENTS**
|||**Page**|
|---|---|---|
|Trustees Annual Report||1-4|
||Report|5-8|
|Income and Expenditure Account||9|
|(Incorporating a Statement of Financial Activities)|||
|Balance Sheet||10|
|Statement of Cash Flows||11|
|Notes to the Accounts||12-19|
**ALL LIFE CHANCES (SCIO)**
## **TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025**
The trustees present their report with financial statements of the charity for the year ended 31 March 2025. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) Reporting Standard applicable in the UK and Republic of Ireland (FRS102).
## **REFERENCE AND ADMINISTRATION DETAILS**
**Registered Charity number** SC051796
## **Auditor**
Hall Morrice LLP 7 Queens Terrace Aberdeen AB10 1XL
## **Bankers**
Bank Of Scotland The Mound Edinburgh EH1 1YZ
-1-
**ALL LIFE CHANCES (SCIO)**
## **TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025**
## **STRUCTURE GOVERNANCE AND MANAGEMENT**
The charity is a Scottish charitable incorporate organisation governed by its Constitution. The adherence to those objectives.
## **Recruitment and appointment and training of trustees**
Trustees are appointed annually by the members during its Annual General Meeting. Trustee induction and training is considered on an ongoing basis, particularly in the event of a new trustee being adopted.
## **Organisational Structure**
The activities of All Life Chances are governed by the Board of Trustees. The Trustees meet regularly during the year and these meetings are attended by all or a majority of the Trustees.
## **Risk Management**
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finance of the Trust and are satisfied that systems are in place to mitigate their exposure to the major risks.
## **Objectives & Activities**
Our vision is to help create a society where every individual can thrive and succeed, irrespective of their
Working with key partners, we help develop community hubs - physical or virtual - which support
We do this by providing practical, professional and financial support to existing charitable organisations,
We support existing groups, charities and communities by:
- Providing advice and consultancy relating to strategy and business planning;
- Helping source and forge relationships with corporate partners;
- Providing direct financial assistance or helping with fundraising and income generation;
- Assisting with business development, marketing and public relations activities;
- Liaising with politicians and local authority representatives;
- Helping to recruit new trustees and charity ambassadors.
Our main purposes being:
- The advancement of education
- The advancement of citizenship or community development
- The advancement of public participation in sport
- The provision of recreational facilities, or the organisation of recreational activities, with the object of improving the conditions of life for the persons for whom the facilities or activities are primarily intended.
-2-
**ALL LIFE CHANCES (SCIO)**
## **TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025**
## **Achievements & Performance**
This year has been a particularly active and impactful one for the charity, as we continued to strengthen our presence in the communities we serve. Our efforts were especially focused in the Tillydrone and Northfield areas of Aberdeen; neighbourhoods facing challenges relating to poverty and social inequality. Through close collaboration with local groups and the delivery of targeted support, we have been able to make meaningful progress in addressing community needs and empowering residents.
Highlights of our year have included:
- **Launch of New Charity Name And Branding:**
- name and brand, marking a fresh chapter in our journey and reinforcing our commitment to the communities we serve.
- **Team Expansion:** We welcomed three new staff members to our team, bringing with them a diverse range of experience from the private, public, and third sectors. This multidisciplinary team provides a strong foundation for delivering on our strategic goals.
- **Wider Community Engagement:** We expanded our support to additional community groups and schools - beyond our work with the Aberdeen Lads Club Community Project/ALCCP. These included:
- Northfield Community Centre
- Northfield Academy
- St Machar Academy
- Manor Park Primary
- Printfield Community Project
- Middlefield Community Project @ The Hub
- **Strategic Support:** We provided tailored support across strategic planning, fundraising, marketing, public affairs, and business development, enabling our partner projects to grow and thrive.
- **Collaborative Partnerships:** We continued to strengthen relationships with corporate partners, local politicians, members of the media, and fellow third sector organisations.
- **Sustainable Community Impact:** Above all, we remained focused on helping each of our supported projects deliver meaningful, positive change in their communities.
## **Looking Ahead**
Building on the momentum of this year, we remain committed to expanding the reach and impact of our work. A key priority for the year ahead is to extend our support to more community groups, empowering them to strengthen their services and reach those who need them most.
We believe that early intervention and meaningful engagement with young people lay the foundation for long-term, positive change. With this in mind, we are developing a range of youth-focused activities and supportive environments where young people can build confidence, learn new skills, and access opportunities that help them thrive.
To support our growth and sustainability, we will be launching our own fundraising events. These will generate essential income, widen our supporter base, and raise our public profile within the community. Another major milestone for the coming year will be the launch of our new website. This platform will enhance our digital presence and serve as a hub for sharing updates, engaging supporters, and showcasing the stories of the people and communities we serve.
We are also focused on strengthening our governance. Plans are underway to expand our Board of Trustees, bringing in individuals with diverse backgrounds and specialist expertise. This will ensure our leadership remains inclusive, forward-thinking, and responsive to emerging needs.
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Docusyjn Envelope ID: Cl1DFB0>6163mD87ClA1e0O2BE3
ALL LIFE CHANCES
scio
TRUSTEES ANNUAL REPORT
CONT'D
FOR THE YEAR ENDED 31 MARCH 2025
Finally. we aim to deepen our partnerships with local businesses. By working collaboratively with the
private sector. we hope to unlock new resources and create innovative opportunities that enhan our
ability to support those most in need. These partnerships will play a vital role in scaling our efforts and
driving sustainable, communty-led change.
Financial Review
With the refurbishment of the Dill Road having been completed towards the previous year, the focus
turned to recruitment of staff to enable All Lrfe ChanS to fvrther it objectives of providing support to the
young people of Aberdeen either directly or indirectly.
The employment costs have comprised a large part of the costs together with rebranding and website
costs. As detailed under the Achievements and Perfonnance. the work has been focused on supporting
existing charities wth in the Aberdeen area. In addition. work has been ongoing developing the policies
and procedures of the organization.
The deficit for the year of £162.111 has arisen as there has not been a focus on generation of funds for
our own charity. However. the Trustees are aware that this will need to change and work has already
begun to remedy the situation.
The property at Dill Road has been placed in a designated Property Fund during the year and an
investment portfolio has been created with excess cash balances, and the majority of this has been
placed in a designated Invesknent Fund.
The TNstees do not have any immediate concems over the viabilty of the Charty.
The TNstees declare that they approved the Tnjstees Annual Report above on 29 December 2025.
President
Treasurer
## **ALL LIFE CHANCES (SCIO) TO THE TRUSTEES OF ALL LIFE CHANCES**
## **Opinion**
We have audited the financial statements of All Life Chances (SCIO) March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
- 2025, and of its income and
- expenditure, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Charities and Trustee Investment (Scotland) Act 2005 and regulation 8 of the Charities Accounts (Scotland) Regulations 2006 (as amended).
## **Basis for opinion**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
## **Other information**
contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
-5-
## **ALL LIFE CHANCES (SCIO) TO THE TRUSTEES OF ALL LIFE CHANCES**
Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
## **Matters on which we are required to report by exception**
We have nothing to report in respect of the following matters in relation to which the Charities Accounts (Scotland) Regulations 2006 (as amended) requires us to report to you if, in our opinion:
- report; or
- proper accounting records have not been kept; or
- the financial statements are not in agreement with the accounting records and returns; or
- we have not received all the information and explanations we require for our audit.
## **Responsibilities of trustees**
preparation of financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.
## **dit of the financial statements**
We have been appointed as auditor under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and report in accordance with regulations made under that Act.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined about, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
-6-
## **ALL LIFE CHANCES (SCIO)**
## **TO THE TRUSTEES OF ALL LIFE CHANCES**
In identifying and assessing the risk of material misstatement due to non-compliance with laws and regulations we have:
- Ensured that the engagement team had the appropriate competence, capabilities and skills to identify or recognise non-compliance with laws and regulations;
- Identified the laws and regulations applicable to the charity through discussions with trustees and management and through our own specialist knowledge of the sector;
- Focused on the specific laws and regulations we consider may have a direct effect on the financial statements, including FRS 102, the Charities SORP the Charities and Trustee Investment (Scotland) Act 2005 and regulation 8 of the Charities Accounts (Scotland) Regulations 2006 (as amended);
- Focused on the specific laws and regulations we consider may have an indirect effect on the financial
- Reviewed the financial statement disclosures and tested to supporting documentation to assess compliance with applicable laws and regulations;
- legal correspondence;
- Reviewed minutes of meetings of those charged with governance; and
- Ensured the engagement team remained alert to instances of non-compliance throughout the audit.
In identifying and assessing the risk of material misstatement due to irregularities, including fraud and how it may occur, and the potential for management bias and the override of controls we have:
- objectives and strategies, to understand the classes of transactions, account balances, expected financial disclosures and business risks that may result in risk of material misstatement;
- Obtained an understanding of the internal controls in place to mitigate risks of irregularities, including fraud;
- Vouched balances and reconciling items in key control account reconciliations to supporting documentation;
- Carried out detailed testing, on a sample basis, to verify the completeness, occurrence, existence and accuracy of transactions and balances;
- Carried out detailed testing to verify the completeness, validity, existence and accuracy of income including cut-off testing and ensuring income recognition is in line with stated accounting policies;
- Made enquiries of management as to where they consider there was a susceptibility to fraud, and their knowledge of any actual, suspected or alleged fraud;
- Tested journal entries to identify any unusual transactions;
- Investigated the rationale behind any significant or unusual transactions; and
- Evaluated the appropriateness of accounting policies and the reasonableness of accounting estimates.
We did not identify any matters relating to non-compliance with laws and regulations, or relating to fraud.
Because of the inherent limitations of an audit, there is an unavoidable risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. The risk of not detecting a material misstatement due to fraud is inherently more difficult than detecting those that result from error as fraud may involve intentional concealment, forgery, collusion, omission or misrepresentation. In addition, the further removed any non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it.
A further description of our responsibilities for the audit of the financial statements is located on the Financial s part of our
-7-
Docusyjn Envelope ID: Cl1DFB0>6163mD87ClA1e0O2BE3
ALL LIFE CHANCES
scio
INDEPENDENT AUDITOR'S REPORT
CONT'D
TO THE TRUSTEES OF ALL LIFE CHANCES
Use of our report
This report is made solely to the charitys trustees, as a body, in accordan with Regulation 10 of the
Charities Accounts (Scotland) Regulations 2006 (as amended). Our audit work has been undertaken so that
we might state to the charity's trustees those matters we are required to stste lo them in an auditorfs port
and for no other purpose. To the fullest extent permitted by law, we do not acpt or assume responsibility to
anyone other than the charity and the charitys trustees as a body. for our audit work, for this report. or for the
opinions we have formed.
Hall Morrice LLP
ststutory Auditors
Aberdeen. 29 December 2025
## **ALL LIFE CHANCES (SCIO)**
## **INCOME AND EXPENDITURE ACCOUNT (Incorporating a STATEMENT OF FINANCIAL ACTIVITIES) FOR THE YEAR ENDED 31 MARCH 2025**
|**Notes**
**Income from:**
Investment Income
**3**
Income from Charitable Activities:
Rental Income
Donations
**4**
**Total**
**Expenditure on:**
Charitable activities
**5**
Finance costs
**Total**
**Net surplus/(deficit)**
**Net loss on investments**
**6**
**Net movement in funds**
**Reconciliation of funds:**
**Total funds brought forward**
**Total funds carried forward**|**Unrestricted**
**2025**
**Total**
**£**
18,279
26,831
350
45,460
183,337
3,804
187,141
(141,681)
(20,430)
(162,111)
3,772,583
3,610,472|**Unrestricted**
**2024**
**Total**
**£**
-
-
3,808,827|
|---|---|---|
|||3,808,827|
|||70,032
-|
|||70,032|
|||3,738,795
-|
|||3,738,795
33,788
3,772,583|
The statement of financial activities includes all gains and losses recognised in the year.
All incoming resources and resources expended derive from continuing activities.
-9-
Docusyjn Envelope ID: Cl1DFB0>6163mD87ClA1e0O2BE3
ALL LIFE CHANCES
scio
BALANCE SHEEr
AS AT 31 MARCH 2025
2025
2024
Notes
Fixed Assets
Tangible Assets
Investrient Property
2,564
2.579.763
2,607,401
10
Investments
11
1,042,555
52,017
3.624,882
2.659.418
Current Assets
Debtors
12
23,184
15.252
Bank Balances
5,319
1.186,191
28.503
1.201.443
Current Liabilities
Creditors: Amounts falling due within one year
Net Current Assets
13
(14.410)
1.113.165
Total Net Assets
3.610,472
3,772,583
Represented by=
General Fund
Unrestricted Funds
14
88.154
3.772,583
Designated funds
15
3.522,318
3,610,472
3,772,583
Approved by the Board of Trustees on 29 Dember 2025 and signed on their behalf by
PresKlent
Treasurer
-10-
**ALL LIFE CHANCES (SCIO)**
## **STATEMENT OF CASHFLOWS YEAR ENDED 31 MARCH 2025**
|**(i)**
**Cash flows from operations**
(Deficit)/surplus for the year
**Adjustments for:**
Depreciation and impairment of tangible fixed assets
Movements in working capital:
Increase in debtors
Decrease in creditors
**Cash generated from/(used by) operations**
**(ii) Analysis of changes in net funds**
**Cash flows (used in)/generated from operating**
**activities**
Cash (used in)/generated from operations (Note i)
**Investing activities**
Purchase of tangible fixed assets
Disposal of tangible fixed assets
Purchase of fixed asset investments
Fair value movements on fixed asset investments
Proceeds on disposal of fixed asset investments
**Net cash used in investing activities**
**Net (decrease)/increase in cash and cash**
**equivalents**
Cash and cash equivalents at beginning of year
**Cash and cash equivalents at end of year**|(162,111)
285
(7,932)
(45,365)
(215,123)
**2025**
**£**
(215,123)
(27,077)
51,866
(1,000,100)
9,562
-
(965,749)
(1,180,872)
1,186,191
5,319||3,738,795
-
(15,252)
(852,853)
2,870,690
**2024**
**£**
2,870,690
(2,571,213)
938,731
(85,499)
-
33,482
(17,079)
1,186,191
-
1,186,191|
|---|---|---|---|
The charity has no material debt during the year.
-11-
**ALL LIFE CHANCES (SCIO)**
## **NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2025**
## **1 Accounting Policies**
- (a) Basis of Preparation
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to the accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).
The charity constitutes a public benefit entity as defined by FRS 102.
The financial statements are prepared in sterling which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
- (b) Going Concern
The management committee have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The management committee ability to continue. The financial statements have therefore been prepared on the basis that the charity is a going concern.
- (c) Incoming Resources
- All incoming resources are recognised once the charity has entitlement to the resources, it is certain that the resources will be received and the monetary value of those resources can be measured with sufficient reliability.
- (d) Resources Expended
- Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
- (e) Funds Structure
- Unrestricted funds are available for use at the discretion of the trustees in furtherance of the objectives.
Designated funds comprise funds which have been set aside at the discretion of the trustees for specific purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements.
- (f) Fixed Assets and Depreciation
- Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Property 2% straight line Fixtures, fittings and equipment 15% straight line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in the statement of financial activities.
-12-
**ALL LIFE CHANCES (SCIO)**
## **NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2025**
## **1 Accounting Policies (continued)**
Expenditure on assets with a value of less than £100 is not capitalised as fixed assets and is treated as revenue expenditure
- (g) Investment property
- Investment property, which is property held to earn rentals and/or for capital appreciation, is measured using the fair value model and stated at their fair value as at the reporting date. Fair value gains and losses on investment property are recognised in the statement of financial activities. Fair value gains, and fair value losses to the extent that they reverse a previous fair value gain on the same investment property, are transferred from general funds to the fair value fund during the year in which they arise.
- (h) Fixed Asset Investments
- Investments are stated at market value as at the balance sheet date. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year.
- (i) Pension
- The charity operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the financial statements in the year they are payable.
- (j) Debtors
- Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.
- (k) Creditors
Creditors 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 are normally recognised at their settlement amount.
- (l) Value Added Tax
- The charity became VAT registered on 8 November 2022, all income and expenditure shown in the accounts will be exclusive of VAT.
- (m) 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 of opening of the deposit or similar account.
- (n) Employee benefits
The cost of short term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
-13-
## **ALL LIFE CHANCES (SCIO)**
## **NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2025**
## **2 Trustees Remuneration**
No trustees received remuneration during the year £nil (2024 - £nil).
## Trustees expenses:
No expenses were reimbursed to trustees during the year £nil (2024 - £nil).
## **3 Income from Investments**
|Investment Income
Bank Interest
Investment Interest Received
Dividend Income
**4**
**Income from Charitable Activities - Donations**
Donation of Assets
Donations
**5**
**Expenditure on charitable activities**
Staffing Costs
Property Costs
Legal and Professional Fees
Administration Costs
**6**
**Net loss on investments**
Unrealised Loss on Investments
Gain on Sale of Investments
|**2025**
2,735
11,317
4,227
18,279
**2025**
**£**
-
350
350
**Unrestricted**
**2025**
**£**
145,108
-
35,895
2,334
183,337
**Unrestricted**
**2025**
**£**
(23,497)
3,067
(20,430)|**2024**
-
-
-
-
**2024**
**£**
2,808,827
1,000,000
3,808,827
**Unrestricted**
**2024**
**£**
43,620
89
25,989
334
70,032
**Unrestricted**
**2024**
**£**
-
-
-|
|---|---|---|
-14-
## **ALL LIFE CHANCES (SCIO)**
## **NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2025**
## **7 Employees**
## **Number of employees**
The average monthly number of employees during the year was:
|Management and Administration
**Employment Costs**
Wages and Salaries
Social Security Costs
Other pension costs
Defined Contribution Pension Costs|**2025**
**Number**
3
3
132,935
10,207
1,966
145,108
1,966|**2024**
**Number**
1|
|---|---|---|
|||1|
|||42,981
199
440|
|||43,620|
|||440|
There was one employee whose annual remuneration was £60,000 or more. The key management personnel of the charity are defined as those who have the authority and responsibility for planning, directing, and controlling the entity's activities. Within All Life Chances, this comprises more than one individual. The total remuneration of key management personnel in the year amounted to £127,135 (2024 - £42,981).
## **8**
9,500 (2024 - £7,500).
-15-
## **ALL LIFE CHANCES (SCIO)**
## **NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2025**
## **9 Tangible Fixed Assets**
|**Property**
**Office**
**equipment**
**£**
**£**
**Cost**
At 1 April 2024
2,606,399
-
Additions
25,230
1,847
Transfer to investment property
(2,579,763)
-
Disposals
(51,866)
-
**At 31 March 2025**
-
1,847
**Depreciation**
At 1 April 2024
-
-
Charge for the year
-
150
**At 31 March 2025**
-
150
**Carrying Amount**
At 31 March 2025
-
1,697
At 31 March 2024
2,606,399
-
In 2025 and 2024, all tangible assets related to unrestricted funds.|**Fixtures**
**and fittings**
**£**
1,002
-
-
-
1,002
-
135
135
867
1,001|**Total**
**£**
2,607,401
27,077
(2,579,763)
(51,866)|
|---|---|---|
|||2,849|
|||-
285|
|||285|
|||2,564
2,607,401|
## **11 Investment Property**
|
**Cost**
At 1 April 2024
Transfer from tangible fixed assets
Valuation changes
Disposals
**At 31 March 2025**
**Impairment**
At 1 April 2024
**At 31 March 2025**
**Carrying Amount**
At 31 March 2025
At 31 March 2024
In 2025, all investment property related to unrestricted funds.|**2025**
**£**
-
2,579,763
-
-|
|---|---|
||2,579,763|
||-|
||-|
||2,579,763
-|
-16-
## **ALL LIFE CHANCES (SCIO)**
## **NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2025**
## **11 Fixed Asset Investments**
|
**Cost**
At 1 April 2024
Additions
Valuation changes
Disposals
**At 31 March 2025**
**Impairment**
At 1 April 2024
**At 31 March 2025**
**Carrying Amount**
At 31 March 2025
At 31 March 2024|**2025**
**£**
52,017
1,000,100
(9,562)
-
1,042,555
-
-
1,042,555
52,017|**2024**
**£**
-
85,445
(33,428)|
|---|---|---|
|||52,017|
|||-|
|||-|
|||52,017|
In 2025 and 2024, all fixed asset investments related to unrestricted funds.
## **12 Debtors**
|**2025**
**£**
Other debtors
23,184
In 2025 and 2024, all amounts are attributable to unrestricted funds.|**2024**
**£**
15,262|
|---|---|
|||
## **13 Creditors: Amounts falling due within one year**
|Trade creditors
Accruals
In 2025 and 2024, all amounts are attributable to unrestricted funds.|**2025**
**£**
163
42,750
42,913
|**2024**
**£**
1,163
87,115
88,278|
|---|---|---|
-17-
## **ALL LIFE CHANCES (SCIO)**
## **NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2025**
## **14 Unrestricted Funds**
|Unrestricted Funds
General Fund|**Balance as**
**at 1st April**
**2024**
**£**
3,772,583
3,772,583|**Incoming**
**Resources**
**£**
45,460
45,460|**Outgoing**
**Resources**
**£**
(207,571)
(207,571)|**Transfers**
**£**
(3,552,318)
(3,552,318)|**Balance as at**
**31st March**
**2025**
**£**
88,154
88,154|
|---|---|---|---|---|---|
## **15 Designated Funds**
The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:
|Investments
Property|**Balance as**
**at 1st April**
**2024**
**£**
-
-
-|**Incoming**
**Resources**
**£**
-
-
-|**Outgoing**
**Resources**
**£**
-
-
-|**Transfers**
**£**
942,555
2,579,763
3,552,318|**Balance as at**
**31st March**
**2025**
**£**
942,555
2,579,763
3,552,318|
|---|---|---|---|---|---|
Investment Fund - This fund has been created to hold the investments, which are to be used to provide income to the charity.
Dill Road Property Fund - This fund has been created to safeguard the property at Dill Road.
## **16 Analysis of assets between funds**
|
Fund balances at 31 March 2025 are
represented by:
Tangible Assets
Investment Property
Investments
Current Assets
Creditors due within one year
|**Unrestricted**
**2025**
**£**
2,564
-
100,000
28,503
(42,913)
88,154|**Designated**
**2025**
**£**
-
2,579,763
942,555
-
-
3,522,318|**Total**
**2025**
**£**
2,564
2,579,763
1,042,555
28,503
(42,913)
3,637,244|
|---|---|---|---|
In 2024, all amounts were attributable to unrestricted funds.
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## **ALL LIFE CHANCES (SCIO)**
## **NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2025**
## **17 Pension**
## **Defined Contribution**
|Contribution payable by the charity for the year|**2025**
**£**
1,966|**2024**
**£**
440|
|---|---|---|
## **18 Related Party Transactions**
## **Transactions with related parties**
During the year the charity entered into the following transactions with related parties:
|**Donations Received**
**2025**
**2024**
**£**
**£**
100
-
Infinity Partnership Limited
250
-
Total
350
-
Infinity Partnership Limited, an accountancy practice in which trustee
|**Rental Income Received**
**2025**
**2024**
**£**
**£**
-
-
6,831
-
6,831
-
is a director, undertook|
|---|---|
Infinity Partnership Limited, an accountancy practice in which trustee payroll processing services at no cost (2024 - £nil).
The following amounts were outstanding at the reporting end date:
|Infinity Partnership Limited|**Amounts owed by related**
**parties**
**2025**
**2024**
**£**
**£**
268
1,380
268
1,380|
|---|---|
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