Docusign Envelope ID: D1E39218-22BC-4F2D-9607-3AA1D0B91DA7
**REGISTERED CHARITY NUMBER SC052857 REGISTERED COMPANY NUMBER CSOO6530**
**REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025 Meetings Centres Scotland**
Docusign Envelope ID: D1E39218-22BC-4F2D-9607-3AA1D0B91DA7
**Meetings Centres Scotland CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025**
||**Page**|
|---|---|
|Report of the Trustees|1|
|Report of the Independent Examiner|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Cash Flow Statement|7|
|Notes to the Cash Flow Statement|7|
|Notes to the Financial Statements|8|
Docusign Envelope ID: D1E39218-22BC-4F2D-9607-3AA1D0B91DA7
## **Meetings Centres Scotland**
## **REPORT OF THE TRUSTEES**
## **FOR THE YEAR ENDED 31 March 2025**
The trustees who are also the directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of the 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 (FRS102) (effective 1 January 2015).
## **OBJECTIVES AND ACTIVITIES**
Meeting Centres Scotland was granted charitable status in 27 September 2023.
## **What is a Meeting Centre?**
A Meeting Centre is a unique and holistic community hub designed to cater to the diverse needs of those affected by dementia. It goes beyond traditional care models, offering a warm and welcoming environment where individuals with dementia can participate in a range of activities that promote well-being, social connection, and personal growth. Meeting Centres are an evidence-based model initially developed in the Netherlands. The first centre in Scotland opened in 2019, and there are now Meeting Centres open and developing across the country.
## **Objectives and aims**
The aim of the charity is 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. The advancement of human rights, conflict resolution or reconciliation, the relief of those in need by reason of age, ill-health, disability, financial hardship or other disadvantage.
## **ACHIEVEMENTS AND PERFORMANCE**
## **April 2024 – March 2025**
Meeting Centres Scotland (MCS) has experienced a year of significant growth, innovation, and influence. With support from the Scottish Government’s Dementia Policy Unit under the Resilient Communities Programme Board, we have expanded our reach, deepened impact, and enhanced our support to people living with dementia and their families across Scotland.
## **Strengthening the Network**
MCS now directly supports 23 Meeting Centres across Scotland, ensuring coverage in a wide range of communities, including urban, rural, coastal, and island areas. Through dedicated Development Leads for both the East and West Coasts and the appointment of a Strategic Advisor, we have improved localised support and strategic direction.
Seed funding totalling £120,000 has been committed to help establish new Centres in partnership with trusted local organisations. These include sites in North and South Lanarkshire, Argyll and Bute, the Scottish Borders, Edinburgh and Dumfries and Galloway. Each new Centre reflects the diversity of Scotland’s communities and will deliver dementia support that is place-based, inclusive, and intergenerational.
## **Building Capacity and Quality**
MCS has invested in comprehensive training and development programmes for staff and volunteers across the network. New modules—many co-produced by people with lived experience—cover trauma-informed practice, communication strategies, and activity facilitation. A new digital resource library is under development, providing Centres with accessible templates, activity guides, and case studies.
We also launched _The Network_ , our quarterly newsletter, which has become a key platform for peer learning and knowledge exchange. A draft monitoring and evaluation framework is currently being trialled with Centres at different stages of development to ensure it is robust, flexible, and practical before formal adoption across the network.
## **Policy and Influence**
Meeting Centres Scotland continues to play a national leadership role in advocating for community-based dementia care. We contributed to policy development forums, including various subgroups around the implementation of the current Scottish Dementia Strategy, and are working with regional health and social care partnerships to embed Meeting Centres in local strategies.
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Docusign Envelope ID: D1E39218-22BC-4F2D-9607-3AA1D0B91DA7
Our approach to human rights-based dementia care was showcased at the UK Dementia Congress, where we presented a keynote speech about MCS, the Scottish Government's _Everyone’s Story_ national strategy and the _Rethink Dementia_ campaign, drawing praise and attention from delegates across the UK.
## **Major Projects and Partnerships**
This year also saw the launch and development of several high-profile projects:
**Royal Victoria Hospital Meeting Centre** : The world’s first hospital-based Meeting Centre, in partnership with NHS Tayside and the University of Worcester. The centre will combine peer support with improved discharge planning and student training.
**International Meeting Centres Conference** : We secured funding to host a global conference in Dundee in May 2025, bringing together experts and practitioners from around the world to celebrate innovation and exchange best practice.
**The Demented Poets Documentary** : A creative storytelling project featuring the voices of people living with dementia, submitted to several film festivals and being considered by broadcasters.
**Primary Progressive Aphasia Guidebook** : A Scottish adaptation of Natalie Ive’s internationally recognised guide, coproduced with people living with PPA and allied health professionals, which will also serve as the foundation for a new peer support group.
## **Future Plans**
Our pending Climate Wisdom project, developed in partnership with development support charity Outside the Box and Heriot-Watt University, will explore the intersection of dementia and climate change through community-based, dementia-friendly climate action. This groundbreaking work promises to position Scotland as a global leader in inclusive sustainability
Overall, 2024–2025 has been a transformative year for Meeting Centres Scotland. Our model continues to gain momentum, influence policy, and create lasting impact in the lives of people with dementia and those who care for them.
## **FINANCIAL REVIEW**
## **Financial overview**
Overall reserves have increased by £46,443 during the year to 31 March 2025. Total income in the year was £371,268 an increase on the prior year by £246,268
## **Reserves policy**
The Trustees aim to maintain a reserve of unrestricted funds, which is sufficient to meet 3 months' running costs for the charity, with an aspiration to hold 6 months' running costs.
The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks.
At 31 March 2025, unrestricted reserves totalled £59,685.
## **STRUCTURE, GOVERNANACE AND MANAGEMENT**
## **Governing document**
The registered Company number is CS006530 **and** Registered Charity number is SC052857
The Charity is a Scottish Charitable Incorporated Organisation (SCIO) registered on **27 September 2023** . It is governed by a constitution which sets out the general structure of the organisation and consists of a two-tier model made up of:
1. The Members, who have a right to attend members' meetings, including the AGM, and appoint the Charity Trustees to serve on the Board and make decisions on changes to the constitution.
2. The Charity Trustees who hold regular meetings and control the activities of the organisation e.g. monitoring and managing its financial position.
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Docusign Envelope ID: D1E39218-22BC-4F2D-9607-3AA1D0B91DA7
## **The Trustees who served during the year and up to the date of signature of the financial statements were:**
The appointment and recruitment of trustees are determined by individuals who show a willingness to assist the current board. The current trustees consider whether the individual has the requisite skills and enthusiasm to fulfil a role as identified by the current trustees.
New trustees are invited to spend time with existing committee members, which provides them with information about being trustees and opportunities to ask questions about the role. New trustees are encouraged to download and read the good practice guide, which is available on the OSCR website.
Salary scales for key management personnel are set against the equivalent local authority spinal scale points and are reviewed on an annual basis.
## **Independent Accountant**
Social Enterprise Accountancy Scotland CIC
2[nd] Floor, 48 West George Street
Glasgow, G2 1BP
**Key management personel** , chief executive
## **ON BEHALF OF THE BOARD ON 7 August 2025**
3
Docusign Envelope ID: D1E39218-22BC-4F2D-9607-3AA1D0B91DA7
## **Examiner’s Report to the Trustees of Meeting Centres Scotland**
I report on the accounts of the charity for the year ended 31 March 2025 which are set out on pages 5 to 14
## **Respective responsibilities of trustees and examiner**
The charity’s trustees (who are also the directors of the company for the purposes of company law) 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 trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the 2006 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 independent examiner’s statement**
My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. 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 seeks 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 accounts.
## **Independent examiner’s statement**
In the course of my examination, no matter has come to my attention which gives me reasonable cause to believe
1. that in any material respect the requirements:
a) to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations
- b) to prepare accounts which accord with the accounting records and 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.
Relevant Professional qualification/professional body: **ICAS**
Address: **Social Enterprise Accountancy Scotland CIC, Clyde Offices, 2nd Floor, 48 West Geroge Street, Glasgow, G2 1BP** Date: 7 August 2025
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Docusign Envelope ID: D1E39218-22BC-4F2D-9607-3AA1D0B91DA7
## **Meetings Centres Scotland STATEMENT OF FINANCIAL ACTIVITIES (Incorporating an Income and Expenditure Account) FOR THE YEAR ENDED 31 March 2025**
|Notes
**INCOME FROM**
Donations and legacies
2
Charitable activities
3
Other income
**Total**
**EXPENDITURE ON**
Raising funds
Charitable activities
4
Other
5
**Total**
NET INCOME/(EXPENDITURE)
Transfer between funds
13
Net movement in funds
**RECONCILIATION OF FUNDS**
Total funds brought forward
Prior year adjustment 2024
14
**TOTAL FUNDS CARRIED FORWARD**|**Unrestricted**
**funds**
**Restricted**
**funds**
**2025**
**Total**
**funds**
**As Restated**
**2024 Total**
**funds**
£
£
£
£
34
371,234
371,268
125,000
0
0
0
0
0
0
0
0|
|---|---|
||**34**
**371,234**
**371,268**
**125,000**
0
342
324,493
324,835
41,020
0|
||**342**
**324,493**
**324,835**
**41,020**|
||-308
46,741
46,433
83,980
39,993
-39,993
0
0|
||39,685
6,748
46,433
83,980
20,000
63,980
83,980
0
**59,685**
**70,728**
**130,413**
**83,980**|
The notes form part of these financial statements
5
Docusign Envelope ID: D1E39218-22BC-4F2D-9607-3AA1D0B91DA7
## **Meetings Centres Scotland**
## **BALANCE SHEET FOR THE YEAR ENDED 31 March 2025**
|Notes
**FIXED ASSETS**
Tangible assets
9
**CURRENT ASSETS**
Stock
Debtors
10
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
11
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS**
Unrestricted funds
Restricted funds - prior year adjustments
14
Restricted funds
**TOTAL FUNDS**|**Restated**
**2025**
**2024**
**£**
**£**
2,044
938|
|---|---|
||0
0
1,265
983
129,767
85,983|
||131,032
86,966
2,663
3,924|
||128,369
83,042|
||130,413
83,980|
||130,413
83,980|
||59,685
20,000
-2,003
70,728
65,983|
||130,413
83,980|
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees on 7 August 2025 and were signed on its behalf by:
Chairperson
The notes form part of these financial statements
6
Docusign Envelope ID: D1E39218-22BC-4F2D-9607-3AA1D0B91DA7
## **Meetings Centres Scotland CASHFLOW STATEMENT FOR THE YEAR ENDED 31 March 2025**
|**Cashflow form operating activities:**
Net cash provided by (used in) operating activities
**Cashflow from investing activities:**
Purchase of property, plant and equipment
**Change in cash and cash equivalents in the reporting**
**period**
**Cash and cash equivalents at the beginning of the**
**reporting period**
**Cash and cash equivalents at the end of the reporting**
**period**
The notes form part of these financial statements
**NOTES TO THE CASHFLOW STATEMENT**
**FOR THE YEAR ENDED 31 March 2025**
**1. Reconciliation of net income/(expenditure) to net cash**
**flow from operating activities**
**Net income/(expenditure) for the reporting period ( as**
**per statement of financial activities)**
**Adjusted for:**
Prior year adjustment
Depreciation charges
(Increase)/decrease in stock
(Increase)/decrease in debtors
Increase/(decrease) in creditors
**Net cash provided by(used in) operating activities**
**2. Analysis of changes in net funds**
**Net cash**
Cash in hand and in bank
**Total**|Notes
1
**At 1/3/24**
**£**
85,983|**2025**
**2024**
**£**
**£**
46,146
87,390|
|---|---|---|
|||-2,362
-1407|
|||43,784
85,983
85,983
0|
|||**129,767**
**85,983**|
|||**2025**
**2024**
**£**
**£**
46,433
83,980
1,256
469
0
0
-282
-983
-1,261
3924|
|||**46,146**
**87,390**|
|||**Cash flow**
**£**
**At 31/3/25**
**£**
43,784
129,767|
||**85,983**|
**43,784**
**129,767**|
7
Docusign Envelope ID: D1E39218-22BC-4F2D-9607-3AA1D0B91DA7
## **Meeting Centres Scotland**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025**
## **ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 2015)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', the Charities and Trustee Investment (Scotland) Act 2005 and the Companies Act 2006.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
The financial statements are presented in Sterling (£).
## **Change in accounting policies and prior year adjustments**
The company has adopted the Charities SORP for the first time this year, as income has exceeded £250,000. Prior year financial statements were prepared on a receipts basis. Accordingly, fixed assets were not capitalised. Debtors and Creditors had not been included. The comparative figures have been restated to include Fixed Assets, which had a net book value at 31 March 2024 of £938, Prepayments of £983 and creditors of £3,924. The net impact was reducing reserves by £2,003 and increasing expenditure by the same amount.
## **Going concern**
The financial statements have been prepared on a going concern basis, which the trustees believe to be appropriate for the reasons set out in the Trustee's Report. There are no material uncertainties about the charity's ability to continue.
## **Critical accounting judgements and key sources of estimation uncertainty**
The company considers on an annual basis the judgements that are made by management when applying significant accounting policies that would have the most significant effect on amounts that are recognised in the financial statements. The trustees consider there are no such significant judgements.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and the amount can be measured reliably.
8
Docusign Envelope ID: D1E39218-22BC-4F2D-9607-3AA1D0B91DA7
## **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.
## **Charitable activities**
Costs of charitable activities are incurred on the charity's core operations, including support costs and costs relating to the governance of the charity.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 33.33% on cost
Motor vehicles - 25% on cost
Office equipment - 25% on cost
Fixed assets are included in the balance sheet at cost less accumulated depreciation and impairment.
No assets with a gross value of less than £100 are capitalised. These items have been treated as expenditure in the Statement of Financial Activities.
## **Impairment of tangible fixed assets**
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. When the carrying value exceeds its recoverable amount, an impairment loss is recognised in the profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.
## **Stocks**
Stocks are valued at the lower of cost and estimated selling price less costs to sell.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
## **Unrestricted funds**
They can be used in accordance with the charitable objectives at the discretion of the trustees.
9
Docusign Envelope ID: D1E39218-22BC-4F2D-9607-3AA1D0B91DA7
## **Restricted funds**
They 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.
## **Transfers between funds**
With regard to the use of both restricted and designated funds, the release represents an amount which matches the expenditure incurred in the year in respect of the relevant purpose of each fund. Transfers are made between funds for identified internal transactions such as staff training where funds are moved from unrestricted core income to a designated training fund.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Financial instruments**
The charity only enters into financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable.
Debt instruments that are payable or receivable within one year. Typically trade debtors or trade creditors, are measured, initially and subsequently, at the undiscounted amount of cash or other consideration expected to be paid or received.
Financial assets measured at cost and amortised cost are assessed at the end of each reporting period for evidence of impairment and if found, an impairment loss is recognised in profit or loss.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.
Cash and cash equivalent includes cash in hand, deposits held at call with banks and other financial institutions.
## **Leasing commitments**
Rentals payable under operating leases are charged to the Statement of Financial Activities as they are incurred over the term of the lease.
## **Pension commitments**
The charity operates a defined contribution pension scheme . The assets of the scheme are held separately from those of the company in an independently administered fund. The amount charged against the Statement of Financial Activities represents the contributions payable to the scheme in respect of the accounting period.
## **Donated assets**
Donated assets received by the charity are capitalised and recognised in the Statement of Financial Activities in the year they are received.
The basis of valuation is the price the charity estimates it would pay in the open market for goods of equivalent utility.
## **VAT**
The company is not registered for VAT. Expenses are therefore shown inclusive of VAT in the financial statements.
10
Docusign Envelope ID: D1E39218-22BC-4F2D-9607-3AA1D0B91DA7
## **Meetings Centres Scotland**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025**
|**2 DONATIONS AND LEGACIES**
Donations
Fundraising
Legacies
Grants
**Grants received, included in the above are as follows:**
Age Scotland
Scottish Government
National Lottery - Conference Fund
RS Macdonald
NHS Tayside Charitable Foundation
**Grants**
**3 INCOMEFROM CHARITABLE ACTIVITIES**
Activity
**4 CHARITABLEACTIVITIES COSTS**
Marketing, & Advertising
Management charge
Conference Fees
Event Costs
Wages and salaries
Travel and Parking
Accommodation & Subsistence
Printing, Stationery & Telephone
IT Software & Consumables
Accounting fee
Depreciation
Seed Funding Award Payments
Office Rent
Insurance
Sundries|**2025**
**2024**
**£**
**£**
34
0
0
0
0
0
371,234
125,000|
|---|---|
||**371,268**
**125,000**
**2025**
**£**
**2024**
**£**
0
125,000
308,942
0
20,000
0
12,525
0
29,767
0|
||371,234
125,000
**2025**
**2024**
**£**
**£**
**0**
**0**
**2025**
**2024**
**£**
**£**
12,312
0
0
25,000
9,902
866
6,891
400
132,268
9,161
13,196
637
16,325
1,745
495
110
7,147
186
2,718
1,800
1,256
469
117,500
0
3,000
500
936
146
888
0|
||324,835
41,020|
Docusign Envelope ID: D1E39218-22BC-4F2D-9607-3AA1D0B91DA7
11
|**Seed Funding Award Payments**
Stonelaw Parish Church - Seed Funding Award Payment
Summerhill Community - Seed Fund Award Payment
The Economic Forum - Seed Fund Award Payment
Getting Better Together - Seed Fund Award Payment
Kirkcudbright Development - Seed Fund Award Payment
Upper Eskdale Development - Seed Fund Award Payment
North Edinburgh - Seed Fund Award Payment
Multiple Sclerosis - Seed Fund Award Payment
Dementia Friendly Tweeddale - Seed Fund Award Payment
**5 GOVERNANCE COSTS**
Independent Examiner Fee
Legal fees
Accounting software, payroll and accountancy costs|**2025**
**2024**
**£**
**£**
15,000
0
12,500
0
10,000
0
15,000
0
12,500
0
12,500
0
12,500
0
15,000
0
12,500
0
117,500
0
**2025**
**2024**
**£**
**£**
1,500
1,800
0
0
1,218
0|
|---|---|
||2,718
1,800|
## **6 RELATED PARTY TRANSACTIONS**
There were no trustees' remuneration or benefits for the year to 31 March 2025 ( 2024: None)
## **Trustee expenses**
During the year no trustees were reimbursed any expenses. ( 2023: £nil )
|**7 STAFF COSTS**
Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees
during the year was a follows:
Administrative
Management|**2025**
**£**
**2024**
**£**
122,604
7,064
11,220
2,041
7,623
0|
|---|---|
||141,447
9,105|
||4
1
1
1|
||5
2|
No employee earned more than £60,000.(2024: None)
12
Docusign Envelope ID: D1E39218-22BC-4F2D-9607-3AA1D0B91DA7
## **8 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**INCOME FROM**
Donations and legacies
Grants
Fundraising activities
Charitable activities
Other income
Total Income
**EXPENDITURE ON**
Fundraising
Charitable activities
Governance costs
Total Expenditure
**NET INCOME/(EXPENDITURE)**
Net movement in funds
Transfer between funds
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|**Unrestricted**
**funds**
**Restricted**
**funds**
**Restated**
**Total funds**
**£**
**£**
**£**
0
0
0
0
125,000
125,000
0
0
0
0
0
0
0|
|---|---|
||0
125,000
125,000
0
0
0
0
41,020
41,020
0
0
0|
||0
41,020
41,020|
||**0**
**83,980**
**83,980**|
||0
83,980
83,980
20,000
-20,000
0
0
0
0|
||**20,000**
**63,980**
**83,980**|
|**9 TANGIBLE FIXED ASSETS**
**COST**
At 1 April 2024
Additions
Disposals
At 31 March 2025
**DEPRECIATION**
At 1 April 2024
Charge for the year
Eliminated on disposal
At 31 March 2025
**NET BOOK VALUE**
At 31 March 2025
At 1 April 2024|**Computer**
**Equipment**
**Office**
**Equipment**
**Motor**
**Vehicles**
**TOTAL**
**£**
**£**
**£**
**£**
1,407
0
0
1,407
2,362
0
0
2,362
0
0
0
0|
|---|---|
||3,769
0
0
3,769|
||469
0
0
469
1,256
0
0
1,256
0
0
0
0|
||1,725
0
0
1,725|
||2,044
0
0
2,044|
||938
0
0
938|
Docusign Envelope ID: D1E39218-22BC-4F2D-9607-3AA1D0B91DA7
## 13
|**10 DEBTORS**
Other debtors
Prepayments
**11 CREDITORS:AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
Social security and other taxes
Pension creditor
Other creditors
Accruals and deferred income|**2025**
**£**
**2024**
**£**
0
0
1,265
983|
|---|---|
||1,265
983
**2025**
**2024**
**£**
**£**
0
1,194
0
930
428
0
0
0
2,235
1,800|
||2,663
3,924|
|**12 ANALYSIS OF NET ASSETS BETWEEN FUNDS**
Fixed assets
Current assets
Current liabilities|**Unrestricted**
**funds**
**Restricted**
**funds**
**2025 Total**
**funds**
**2024**
**Total**
**funds**
**£**
**£**
**£**
**£**
0
2,044
2,044
938
59,685
71,347
131,032
86,966
-2,663
-2,663
-3,924|
|---|---|
||59,685
70,728
130,413
83,980|
## **13 TRANSFER OF FUNDS**
Part of the grant funding received is for a management fee, which is transferred to unrestricted reserves.
## **14 PRIOR YEAR ADJUSTMENT**
As previous year was prepared on a cash basis, the prior year figures have been restated to include Fixed Assets at Net Book Value at 1 April 2024 and debtors and creditors for prior year
|**Increased Fixed Assets balance by**
**Increase in Creditors balance by**
**Increase in Debtors balance by**
**Reduce Reserves and increase expenses**|£938
-£3,924
£983|
|---|---|
||-£2,003|
Docusign Envelope ID: D1E39218-22BC-4F2D-9607-3AA1D0B91DA7
14