RKGIS'IKl￿D CHARITY NUMBLH.. SC05266S IILVORT OF THE TRiiSTEES AND UNAUDI'I'KD F￿ANCIAL srA'I'￿￿ENTS R'l'Rlk YEARFNDFD 31 MARCH 2D25 F()R GIS ThrIvI￿ Ill¥tuJ G15 Thriving Places coNTE￿rS OF THE FINANCIAL STATEMENTS For The Year Ended 31 March 2025 P•ge Report of the Truste Independent Exgminer'8 Rtport Stattrnent of Flngn¢iAI Activlties Balance Sheet Notes to the Finfyllelal Stgtements 7 to 10 Detalled Statement of Fin&ntial Actlvlrfes 11 to 12 G15 Thriving Places REPORT OF THE TRUSTEES For The Year Ended 31 March 2025 The tn￿teeS preset)t their report with the fmallcia] statements of the charity for the year ended 31 March 2025. The In]stees have adopted the pr()visions of Accounting and Reporting by Charities". Statement of Recommended Practice applicable to charlties preparing Iheir accounts in ￿[dance with the Fitiancial Repirting Standard applicabl¢ in the UK and Republic of Ireland (FRS 102) (effective l January 2019). G15 Thriving Places was registered with OSCR on the 5th of Juty 2023 as a legally constituted Scottish Charitable InCo￿orated Organisation (SCIO). OWECTtVES AIYD ACTtVITIES Objc¢Élves and aims Ouraim is: To bolster the P¢Tsonal and collective empow¢mient of the people and Third Sector organisatsons who live and work in th¢ G15 are& ol￿ objectives aTr: a) The prevention and relief of povety b) The advancement of ¢iti7£nship and community development ) Promotion of equality and diversity d) The relief of tliose in need by reason of age. ill-healtlL dis&bility, financial haThJ8hip OT another di￿dVantage, ACHIEVF.MF.NTS AND PERFORMANCE Charitable Hctlvlties We attend to local people on a variety of issues, supporting and SiEnposling where appropriate. We supw)rt local groups and organis4lions IhrouEli a&sisliog with any help they require whether fundins applications, organisational issues. connecting with others elc. We facilitAte nehvorking meelings thai encournge those who live and work in the commuiiity to come together and di8cu&s rclevanl issucs and updates for Drumchapel. We are now in al tbe halfway stsge of deliveritig our StrAlegic Community Developmeftl Plan 2024_2027. Our Plan continues with the same focus of bolsl¢ring the personal and colleclive einpowernienl of the ¢ommw)ity &nd Third Sector organisations working together with the people of Drumchapel. Main Activities To reach this aim we enEag¢ in a series of activilics. whith include: Intemational Women's Day Coinmunity Pantry Cupboard Drumchapel News Friend81)ip House ESOL classes . Recovery Group Birakfast and a Blether Network Hope Campaign Anti-fdcism Carnpaign All these 2ctivities require considerable preparation and organisation vA]ich we prepare while continuing our daily dropin for anyone who requi￿ support. Over the past year we have managed to engage with severnl organisations and agenci¢s who SUPEX)rt residents with the wide rdnge of issues they face on a day-lo-day basis. It is in this light that we continue to participate and promote Televant networks so th¢ ￿>Ple of Dnunchapel can the services they require. Page I G15 Thriving Places REPORT OF THETRUSTEES For The Year Endod 31 March 2025 FINANCIAL REVIEIV Printipal fundhn£ souiuB Our fun(kn air: Gl&%gow Cily Louncil The NatAonal Lottay C￿W￿ty.LCd Fund The Ruberts￿l Tnjst FUTLIRF. PI,ANS l)ur 3-yw" Sts'atcgic con￿ll￿nity Developyrmt Plan, 20242026, is Op￿ to all 0r88ni￿ti￿￿ ar￿ local people wlshing to engag¢ in the pcfiwnal and collective empowerment ef local r¢opl¢. We eDEage with and supw)Q wheir and when p￿SIble, the wide 17nge of initiati"Nes v4hith r¢late lo the Plan's aim aNI objeclivea. We keep the wider cominunity infomied of the activiti¢s being Iklivercd Ihrougli social Tnedi8 plaltomis and die Drumch8pcI New5 dclivarij ts) all 75¥5 IrbidenLies in thc G15 ￿k11c[7{￿.. lThe widcr public. including ￿1￿C do not parEiLipaiL in 4riy Ol'ganis￿lIUn, irrcspectivL of th¢ii" tenancy or any olhffl. d¢toThinani at¢ all W¢l￿￿¢ to takL PArt in thc sts￿L.81L Lonlmunity D¢vdopment Plan aclivitic& SI'IiUCIIIKF, GOVERNANCE AND MANACb.MKNT Goveniing d￿c￿￿￿1 GIS TFLiiving Places is a Scottisb Ch￿113b1¢ In￿EX)llied Oryani5ation (SC:IU) And its acrivitie9 are governed by Ats co￿$(1￿110￿. Dtthlon mxklng F.vcr %iiice 'l"hriving Pl*es crp) initidlul in DrUMCha￿1, in 201C). TP h&$ cvolv¢d. We b&ve ts)w established a 8maI] tean) of ti￿te con]muDily dLvL7￿ttIent warkLrx with a focus on democracy and Jocal people's Participation. We mcct weckty to decide upon the tasks HI)￿{d and distiih)Jt6 among ourncliiag. ac¢ordin8ly, Lhn. intention is to ty llnd re￿h a co￿$e￿U￿ on Ihc challciib7L'8 wc fact. Il" this is n(rt p(fi8ibl¢ Ihen RO for a majoriry votc. Should any isylle aiisc wlicrL' suppnrt out-witli thc ci)Ile¢iive is r¢qull￿ will enga¥¢ wiLli board for funhLr gulTh I tl Novernb￿ 21)25 8nd wcrL' %ibmcd on IL8 hehdf by. The notes forni of these financial slAtementB Page 6 G15 Thriving Places NOTES TO THE FINANCIAL STATEMENTS For The Year Ended 31 March 2025 ACCOUNTING POLlCtES BASIS OF PREPARING THE FINANCIAL SfATEMENTS Tbe fmancial statcments of the charity, which is A pub]ic benefit entity under FRS 102, have been prepared in accordance with tbe Charities SORP (FRS 102) 'Accoullting and Reporting by C]wities.' stateD￿nt of Recommended Practice applicable to charities prq)aring their accounts in accordance witb Ihe Financial Reporting Standard applicable in the UK and Republic of Irelarjd IFRS 102) (effective l January 2019),, Financial Reporting Standard 102 The Financial RewrtiDg Standard applicable in the UK and Republic of IIEland' and the Charities 8nd Tnts Invthient (Scotland) Act 2(KJ5. The financial ststements have been prepaTed under the historical cost conventiDn. COME All income is recognised in the Ststemenl Df Financial Activiti¢s once the chaTity has entitlement kn the funds, it is probable that the income will be rec£ived and the amount can be me&8ured reliably. EXPENDITURE Liabilities are recognised as cxpenditure &s s￿￿ as tbere is a legal or constructive obligation conimitting die charity to that expcnditure, it is probable that 8 trnnsfer of economic bencfits will be required in settlement and the amount of the obligation can be measured Teli8bly. Bxpcndittirc is aceounted for on an accrn Als basis and has been classifled under headings thai aggregate all cost Telated lo the category. Where Costs cannot be directly attributed to particular beadings they have been allocated lo activities on a basis consistent with the use of re80ur¢es. Grants offered subjcot to conditions which have not been rnet al the year end dale are noted &8 a commitment but not accrued 98 expenditure. TANGIBLE FtXED ASSETS Depr￿lation is pmvided at the following annual rates in Order to write off each &Kset over its estimated useful life. Fixtures and fittings Computer equipment 25ty/0 on cost 25Yo i)n cost TAXATION The ¢h&rity is exempt from tax on its ch&ritable ￿tiVitie& FUND ACCOUNTTNG Unrestri¢i¢d funds Laii be used in accordarKe with the charitable objective8 at the discretion of the trnstees. RestriGtcd fimds can only be used for particular T￿trICted Pu￿0$￿$ within the objects of the charity. Restrictions arise when sr￿CIfied by tbe donor or when funds Bff raised for particular restricted purposes. Further explanation of the namre and pU￿ose of each fund is Includ￿ in the notu to the financial 8tatements. HIRE PURCHASE AND LEASING COMMfTMEIYIS Rentsls paid under 0￿ratIn£ leases are charged lo the Statement of Fitwicial Aclivili&% on a strnighi line basis over the period of the lease. PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS The Charity operates a defi1￿ Colltribution pcnsion scheme. Contributions ￿Y￿ble to the charity's pension 8cheme are charged to the Ststcment of Finllncial Activiti￿ in the wiod to which they relat Page 7 corltinued... G15 Thriving Places NOTES TO THE FINANCIAL STATEMENTS • continued For The Year Ended 31 March 2025 OTHER TRADING ACTIvrrIES PeTtod 5.7.23 Year En(kd 31.3.25 31.324 Printing Income TRUSTEES, REMUNERATION AND BENEFITS There were no trustee< remun¢rdtion LY othw benefits for the year ended 31 Marcli 2025 nor for die period ended 31 March 2024. TRUSTEESI KXPENSLS There were no Irusteel expenses paid for the year ended 31 March 2025 nor for ihe period ended 3 l March 2024. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES UnT44trl¢￿j fund Restricted nd Total nds INCOME AND ENDOWMENTS FROM Donallo￿8 &nd Icgacies 26,151 48,Crf)O 74,151 EXPENDITURE ON Charltable ActfvAtle$ Community Development 4,445 48,0(K) 52,445 Other 871 871 Total 5.316 48,CKIO 53,316 NET INCOME 20,835 20,835 TOTAL FUNDS cARR￿D FORWARD 20,835 20.835 TANGIBLE FIXED ASSETS Fixtures and fittings Cornputet equipment Totals COST Addt'tions 2,852 659 3,511 DEPRECIATION Charge foryear 713 164 877 NET BOOK VALUK At31 Mar¢h 2025 2,139 495 2.634 At 31 March 2024 Page 8 continued... G15 Thriving Places NOTES TO THE FINANCIAL STATEMENTS - continued For Thé Year Ended 31 March 2025 CREDITORS: AMouNfs FALLING DUE WITH￿ ONE YKAR . 2025 2024 Other creditors 960 780 MOVEMENf IN FUNDS Net movement in fiJnd8 At 31.3.25 At 1.4.24 Unrestricted funds General fiind 20,835 69.098 89,933 Restricted lunds Restricted 20,045 20.045 TOTAL FUNDS 20,835 89,143 109,978 Net movcment in funds, included in thc above are as follows: IncomiDg resources R&sources expended Movement in funds Unrestrlcted funds General fiind 134,J82 (65,284) 69,098 Restrlcted funds Restricted 78,693 (58,648) 20,045 TOTAL FUNDS 213,075 (123.932) 89,143 CompAratlve5 lor movement in funds Net movement in funds At 31.3.24 Unrestrlcted funds General fund 20.835 20,835 TOTAL FUNDS 20,835 20,835 Pa£¢ 9 continued... G15 Thriving Places NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 March 2025 MOVEM]LNf IN FUNDS- tontinued Comparative net movement in fund4 includa in the above as follows: Incoming . liesourtts Movanent expended in fijnds Unrestricted funds General fund 26,151 (5.316) 20,835 Restricted funds RestriGled 48,(KlO (48,000) TOTAL FUNDS 74.151 (53.316) 20,835 BELATED PARTY DISCLOSURES There were no Telated paty tr8nsxtiotk8 for the year ended 31 Much 202S. Page 10 G15 Thriving Places DETAILED STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 31 March 2025 Period 5.7.23 Year Ended 31.3.25 31.3.24 tNCOME AND ENDOWMKNTS Donations and legacies Donations GLYDts Donated service5 and facilities 9,854 2￿2,537 351 25,800 48,000 212.391 74,151 Other trading AcdvAti Printitig Income 684 Total incomlng resources 213.075 74,151 EXPKNDITURE other trfidlng acdvlties Purchgses 433 Charitable activities Wagcs Social sccurity Pensions Advertising Sundrles Community Events Fixtures and fittings Grants to institutions Grants to individuals 80,222 6,686 1,098 7,015 220 13,898 713 52 48,000 186 4,057 202 109,904 52,445 Support eo$ts MaNAEement Other op￿.ating leases Insurance Tel￿hOne Postage and stationery Advertising Sundries Repaity Consultancy Fees Computer equipment 5.641 130 780 1,879 791 779 147 1,160 42 25 11,471 91 This page (k)es not fornipart of the statutory fmanGial stskments Pagell G15 Thriving Places DETAILED STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 31 March 2025 Period 5.7.23 Year Bnded 31.3.25 31.3.24 MADRgement Governanec costs Accountancy and lewal fees Payroll F￿ 960 1.164 780 2,124 780 Total resources ¢xpe￿Ied 123,932 53,316 Net Income 89,143 20,835 This page does not forni part ofihe st3W fmancial statements P88e 12