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2025-03-31-accounts

Charity registration number SC052532 (Scotland)

DUNBAR DAY CENTRE SCIO

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

DUNBAR DAY CENTRE SCIO

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

Charity number (Scotland)

SC052532

Principal address

Independent examiner

Bakerscroft Westgate Dunbar East Lothian EH42 1JL Greaves West & Ayre 8 St. Ann's Place Haddington East Lothian EH414BS

DUNBAR DAY CENTRE SCIO

CONTENTS

Page
Trustees' report 1 - 3
Independent examiner's report 4
Statement of financial activities 5-6
Balance sheet 7
Notes to the financial statements 8 - 17

DUNBAR DAY CENTRE SCIO

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 MARCH 2025

The trustees present their annual report and financial statements for the year ended 31 March 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Day Centre's governing document, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)".

Objectives and activities

The objects of the Dunbar Day Centre SCIO (Day Centre) are 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 and the relief of those in need by reason of age, ill-health, disability, financial hardship or other disadvantage.

It aims to promote the community care and welfare of older people in the district of Dunbar by providing suitable facilities for care, social activities, recreation, guidance and advice including the provision of trained staff and by encouraging the raising of funds and sponsorship for these purposes.

Public benefit

In considering the operation, achievements and performance and finances of the Day Centre, the trustees are satisfied that public benefit has been provided in accordance with the Charities and Trustees Investment (Scotland) Act 2005 and guidance provided by the Office of the Scottish Charity Regulator.

The trustees have paid due regard to guidance issued by the Office of the Scottish Charity Regulator in deciding what activities the Day Centre should undertake.

Achievements and performance

Achievements are many and varied and can be summarised as follows:

DUNBAR DAY CENTRE SCIO

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

Financial review

Total income for the year amounted to £227,704 (2024: £220,021) of which £167,128 (2024: £179,367) came by way of grants, donations and legacies, for which the trustees are immensely grateful. Total expenditure was £205,256 (2024: £188,974) resulting in an overall surplus for the year of £22,448 (2024: £31,047 surplus). Comprising an unrestricted general funds surplus, before transfers been funds of £26,466 (2024: £15,674 surplus) and a restricted funds deficit of £4,018 (2024: £15,373 surplus).

The balance of unrestricted general funds as at 31 March 2025 was £117,855 (2024: £71,365), with the unrestricted designated fund recording a closing balance of £75,000 (2024: £75,000) and the restricted fund showing a balance of £6,175 (2024: £30,217).

Reserves policy

It is the policy of the Day Centre that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the Day Centre's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

Major risks

The principal risk facing the Day Centre is the loss of funding. All reserves are regularly monitored by the trustees to ensure that sufficient funds are held to cover likely eventualities.

Plans for future periods

The trustees will continue to develop the services of the Day Centre.

Structure, governance and management

The organisation Dunbar Day Centre was registered as a Scottish Charity (No. SC009349) on the 23 June 1977. With effect from the 1 April 2024 the running of the organisation and its assets were passed to a Scottish Charitable Incorporated Organisation, Dunbar Day Centre SCIO (No. SC052532).

The trustees who served during the year and up to the date of signature of the financial statements were:

Organisational structure

The organisation is governed by a Management Committee (Trustees) made up from nominated members of the local community. All trustees are volunteers.

DUNBAR DAY CENTRE SCIO

TRUSTEES' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

Statement of trustees' responsibilities

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in Scotland requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Day Centre and of the incoming resources and application of resources of the Day Centre for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the Day Centre and enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Day Centre and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees' report was approved by the Board of Trustees.

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Trustee
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25 June 2025

-3-

DUNBAR DAY CENTRE SCIO

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF DUNBAR DAY CENTRE SCIO

I report on the financial statements-of the Day Centre for the year ended 31 March 2025, which are set out on pages 5 to 17.

Respective responsibilities of trustees and examiner

The Day Centre's trustees are responsible for the preparation of the financial statements in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The Day Centre trustees consider that the audit requirement of Regulation 10(1)(a)-(c) of the Charities Accounts (Scotland) Regulations 2006 does not apply.

It is my responsibility to examine the financial statements as required under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and to state whether particular matters have come to my attention.

Basis of independent examiner's statement

My examination is 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 financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from the 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 financial statements.

Independent examiner's statement

In the course of my examination, no matter has come to my attention

  1. which gives me reasonable cause to believe that in any material respect the requirements:

  2. to keep accounting records in accordance with Section 44(1)(a) of the Charities and Trustee Investment (Scotland) Act 2005 and Regulation 4 of the Charities Accounts (Scotland) Regulations 2006, and

  3. to prepare financial statements which accord with the accounting records and comply with Regulation 8 of the Charities Accounts (Scotland) Regulations 2006

  4. have not been met, or

  5. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.

Greaves West & Ayre 8 St Ann's Place Haddington East Lothian EH414BS 25 June 2025

-4.

DUNBAR DAY CENTRE SCIO

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Current financial year
Notes
Income from:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
Total income
Expenditure on:
Charitable activities
7
Total expenditure
Net income/(expenditure)
Transfers between funds
Net movement in funds
Reconciliation of funds:
Fund balances at 1 April 2024
Fund balances at 31 March 2025		 Unrestricted
funds
general
Unrestricted
funds
designated
2025
2025
£
£
163,128
54,676
3,288
2,612
223,704
197,238
197,238
26,466
20,024
46,490
71,365
75,000
117,855
75,000		 Restricted
funds
Total
Total
2025
2025
2024
£
£
£
4,000
167,128
179,367
54,676
40,003
3,288
651
2,612
4,000
227,704
220,021
8,018
205,256
188,974
8,018
205,256
188,974
(4,018)
22,448
31,047
(20,024)
(24,042)
22,448
31,047
30,217
176,582
145,535
6,175
199,030
176,582

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

DUNBAR DAY CENTRE SCIO

STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Prior financial year
Notes
Income from:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Total income
Expenditure on:
Charitable activities
7
Total expenditure
Net income
Transfers between funds
Net movementinfunds
Reconciliation of funds:
Fund balances at 1 April 2023
Fund balances at 31 March 2024		 Unrestricted
Unrestricted
Restricted
funds
funds
funds
general
designated
2024
£
2024
£
2024
£
163,994
15,373
40,003
651
204,648
15,373
188,974
188,974
15,674
15,373
(33,886)
33,886
(18,212)
33,886
15,373
89,577
41,114
14,844		 Total
2024
£
179,367
40,003
651
220,021
188,974
188,974
31,047
31,047
145,535
176,582
71,365
75,000
30,217

DUNBAR DAY CENTRE SCIO BALANCE SHEEr AS AT31 MARCH 2025 Fix•d as5•ts Ta￿le assets 13 14 Cash at in h￿1 1W1762 181.547 197. I￿,811 Credrtors". amcrtmts fallmg due within one year 15 (15,6￿) 110,2291 Net current assels 181,866 176.582 Total ass•ts l•ss curY•nt Ilabllld•s 176.582 Cr•dhors: amounts falllng th• aft•r mor• than on• 16 (27,￿> 1tra.oxi 176,582 Th• fvnds •f th• D•y C•nty• 18 6.175 117.855 75.( .217 71.365 75.￿0 Unrestricted fuThJs. desW&J 19 193,0￿) 176,582 ill)i)r()v£'cf Iiy Ilif.. liijslees I¥125JW￿ 2025 Trust Trustee

DUNBAR DAY CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

Charity information

Dunbar Day Centre SCIO (Day Centre) is a Scottish Charitable Incorporated Organisation registered with the Office of the Scottish Charity Regulator (OSCR), number SC052532. The registered office is Bakerscroft, Westgate, Dunbar, East Lothian, EH42 1JL.

1.1 Accounting convention

The financial statements have been prepared in accordance with the Day Centre's governing document, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". The Day Centre is a Public Benefit Entity as defined by FRS 102.

The Day Centre has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.

The financial statements are prepared in sterling, which is the functional currency of the Day Centre. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The transfer of the running of Dunbar Day Centre to a Scottish Charitable Incorporated Organisation has been accounted for as a merger. The effect of this is to treat the results of the unincorporated Dunbar Day Centre and Dunbar Day Centre SCIO as though they had always been part of the same reporting charity.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the Day Centre has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable 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.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4 Income

Income is recognised when the Day Centre is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the Day Centre has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the Day Centre has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

DUNBAR DAY CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

Grants are recognised when the Day Centre has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use.

1.6 Tangible fixed assets

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:

Fixtures and fittings 20% reducing balance Computers 33% straight line Motor vehicles 25% reducing balance

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.

1.7 Impairment of fixed assets

At each reporting end date, the Day Centre reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9 Financial instruments

The Day Centre has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Day Centre's balance sheet when the Day Centre becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

DUNBAR DAY CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Day Centre's contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the Day Centre is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due

1.12 Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to net income/(expenditure) for the year so as to produce a constant periodic rate of interest on the remaining balance of the liability.

DUNBAR DAY CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

2 Critical accounting estimates and judgements

In the application of the Day Centre's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Income from donations and legacies

Grants - East Lothian
Council
Other		 Unrestricted
funds
Restricted
funds
Total Unrestricted
funds
Restricted
funds
Total
2025
2025
2025
2024
2024
2024
£
£
£
£
£
£
162,448
162,448
161,171
161,171
680
4,000
4,680
2,823
15,373
18,196
163,128
4,000
167,128
163,994
15,373
179,367

4 Income from charitable activities

Charitable activities
Members contributions
Rental income		 Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
51,753
38,143
2,923
1,860
54,676
40,003

5 Income from other trading activities

Unrestricted Unrestricted
funds funds
2025
2024
£ £
Fundraising 3,288 651

DUNBAR DAY CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

6 Income from investments

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Interestreceivable 2,612

7 Expenditure on charitable activities

Direct costs
Staff costs
Vehicle and travel costs
Group activities
Meal expenses
Share of support and governance costs (see note 8)
Support
Analysis by fund
Unrestricted funds-general
Restricted funds		 Charitable
activites
Charitable
activites
2025
2024
£
£
134,279
118,871
20,401
33,175
2,704
1,641
11,131
4,454
168,515
158,141
36,741
30,833
205,256
188,974
197,238
188,974
8,018
205,256
188,974

DUNBAR DAY CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

8 Support costs allocated to activities

Depreciation
Heat, light and rates
Repairs and upkeep
Insurance
Telephone
Stationery, post and advertising
Registration, professional fees and training
Subscriptions and licences
Accountancy
Bank charges
Sundry
Lease interest
Analysed between:
Charitable activites		 2025
2024
£
£
15,061
(112)
11,977
7,187
2,087
2,764
1,984
1,103
1,814
1,117
684
125
1,379
1,370
4,501
5,659
4,973
305
12
864
1,422
1,298
36,741
30,833
36,741
30,833

9 Trustees

None of the trustees (or any persons connected with them) received any remuneration (2024: £Nil) or benefits (2024: £Nil) from the Day Centre during the year.

10 Employees

The average monthly number of employees during the year was:

2025
Number
9
Employment costs
2025
£
Wages and salaries
131,693
Other pension costs
2,586
134,279		 2024
Number
9
2024
£
117,089
1,782
118,871

There were no employees whose annual remuneration was more than £60,000.

11 Taxation

The Day Centre is exempt from taxation on its activities because all its income is applied for charitable purposes.

DUNBAR DAY CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

12 Retirement benefit schemes

Retirement benefit schemes
2025 2024
Defined contribution schemes £ £
Charge to profit or loss in respect of defined contribution schemes 2,586 1,782

The Day Centre operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the Day Centre in an independently administered fund.

13 Tangible fixed assets

13 Tangible fixed assets
Fixtures and
Computers		 Motor Total
fittings vehicles
£
£		 £ £
Cost
Additions 4,788
6,084		 49,249 60,121
At 31 March 2025 4,788
6,084		 49,249 60,121
Depreciation and impairment
Depreciation charged in the year 718
2,034		 12,309 15,061
At 31 March 2025 718
2,034		 12,309 15,061
Carrying amount
At 31 March 2025 4,070
4,050		 36,940 45,060
-- -- -- --
14 Debtors
2025 2024
Amounts falling due within one year: £ £
Other debtors 2,800 3,280
Prepayments and accrued income 1,904 1,984
4,704 5,264
-- --
15 Creditors: amounts falling due within one year
2025 2024
Notes £ £
Obligations under finance leases 17 7,795
Trade creditors 7,805 10,229
15,600 10,229
-- --

DUNBAR DAY CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

16 Creditors: amounts falling due after more than one year
2025 2024
Notes £ £
Obligations under finance leases 17 27,896
17 Finance lease obligations
Future minimum lease payments due under finance leases:
2025 2024
£ £
Within one year 7,795
Within two and five years 27,896
35,691

18 Restricted funds

The restricted funds of the Day Centre comprise the unexpended balances of donations and grants held on trust for specific purpose:

At 1 April Incoming Resources Transfers At 31 March
2024 resources expended 2025
£ £ £ £ £
Local Development Fund 4,000 (4,000)
Leisure Account 15,217 (3,981) (11,236)
Blythe Trust 15,000 (4,037) (4,788) 6,175
30,217 4,000 (8,018) (20,024) 6,175
-- --
Previous year: At 1 April Incoming Resources Transfers At 31 March
2023 resources expended 2024
£ £ £ £ £
Leisure Account 14,844 373 15,217
Blythe Trust 15,000 15,000
14,844 15,373 30,217
--

The purpose of the restricted funds are as follows:

Local Development Fund - this represents funds for IT equipment and entertainers.

Leisure Account - this represents funds raised to lease and run the Minibus.

Blythe Trust - this represents funds awarded to pay for replacement chairs and internal painting.

DUNBAR DAY CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

19 Unrestricted funds - designated

The income funds of the Day Centre incudes the following designated funds which have been set aside out of unrestricted finds by the trustees for specific purposes:

Operating Cost Reserve
Previous year:
Operating Cost Reserve		 At 1 April
2024
Transfers
At 31 March
2025
£
£
£
75,000
75,000
At 1 April
2023
Transfers
At 31 March
2024
£
£
£
41,114
33,886
75,000

Following discussions amongst the trustees, it was agreed that the Day Centre should by way of transfer this year designate some of its unrestricted general funds for the following described purpose:

Operating Cost Reserve - this represent the trustees' estimate of resources which should be set aside to cover operating cost for six months in the event that external funding were to cease.

20 Unrestricted funds

The unrestricted funds of the Day Centre comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used.

At 1 April
2024
£
General funds
71,365
Previous year:
At 1 April
2023
£
General funds
89,577		 Incoming
resources
Resources
expended
£
£
223,704
(197,238)
Incoming
resources
Resources
expended
£
£
204,648
(188,974)		 Transfers
At 31 March
2025
£
£
20,024
117,855
Transfers
At 31 March
2024
£
£
(33,886)
71,365

DUNBAR DAY CENTRE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

21 Analysis of net assets between funds

Unrestricted
Unrestricted
funds
funds
general
2025
designated
2025
At 31 March 2025:
£
£
Tangible assets
45,060
Current assets/(liabilities)
100,691
75,000
Long term liabilities
(27,896)
117,855
75,000
Unrestricted
Unrestricted
funds
general
funds
designated
2024
2024
At 31 March 2024:
£
£
Current assets/(liabilities)
71,365
75,000
71,365
75,000		 Restricted
Total
funds
2025
2025
£
£
45,060
6,175
181,866
(27,896)
6,175
199,030
Restricted
Total
funds
2024
2024
£
£
30,217
176,582
30,217
176,582

22 Related party transactions

There were no disclosable related party transactions during the year (2024: None).