Common Thread Vision
Charity No SC053159
Receipts and Payments Accounts
Year Ended
31 March 2025
Accountants
Common Thread Vision
Accounts for the year ended 31 March 2025
Page:
1 Trustees Report 2 Report of the Independent Examiner 3 Receipts and Payments Account 4 Balance Sheet
Charity name and address
Common Thread Vision, 0/1, 4 Leven Street, Glasgow, G41 2JQ
Scottish charity number
SC053159
Trustees
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Accountants
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Common Thread Vision
Annual report of the trustees for the year ended 31 March 2025
Trustees report the following:
All SCIO’S have a duty to keep a register of their charity trustees which must be updated with 28 days of any change being notified to the SCIO. The register must contain specific information about the current charity trustees; where a charity trustee is a corporate body rather than a natural person, some additional information is required.
Additionally, the SCIO’S register must also retain some information about former charity trustees for at least six years from the date the person ceased to be a charity trustee.
There is no set format for the register of charity trustees, but it must contain their name, address, date of appointment, position in the charity and date of resignation.
Activities
Common Thread Vision receives income from a combination of grants, donations and fundraising activities. The associations purposes are: (a)the advancement of community development and citizenship by providing a platform for community members to come together and share experiences with each other of their respective journey's to being a citizen of the UK or, working towards citizenship. We anticipate through these meetings; participants will also be able to learn from one another in order to add to the rich tapestry of British and Scottish culture. In addition, our activities will also allow members of the community to come together in a safe space to explore ideas that they can implement to aid towards developing their local community. Our activities will aid in complementing existing service provision and aid in supporting multi-organisational approaches to community development. (b) the advancement of the arts, heritage, culture or science by providing a platform for organisations involved in the arts, heritage, culture and sciences to be able to meet with and build the capacity of ethnic minority community members (as well as members of the wider community), who have traditionally been underrepresented in these areas, in a setting that is culturally sensitive to their needs and is also easily identifiable within the community and has strong transportation links. (c) 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 by providing a platform for ethnic minority community members (as well as the wider community) to encourage participation. We will deliver activities that have been requested from members our community via our community consultations so that that a people-led approach is being always taken.
Financial Report
The results for the year are set out in the attached statement of financial activities. Income for the year amounted to £28,139 Total expenditure amounted to £10,988 which has resulted in a surplus of £17,151.
Responsibilities of the Board of Trustees in Relation to the Financial Statements
Charity law requires the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the year and of its surplus of deficit for the financial year then ended. In doing so the Trustees are required to:
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Select suitable accounting policies and then apply them consistently
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Make judgements and estimates that are reasonable and prudent and
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Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue in business
To time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities and Trustees Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Trustee
Common Thread Vision
Report of the Independent Examiner
To the trustees of Darussalam
We report on the accounts of the charity for the year ended 31 March 2025.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulation 2006. The charity trustees consider that the audit requirement of Regulation 10 (1) (d) of the Accounts Regulations does not apply. It is our responsibility to examine the accounts as required under section 44 (1) (c) of the Act and to state whether particular matters have come to our attention.
Basis of independent examiner’s statement
Our 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 accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanation 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 we do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
During our examination, no matter has come to our attention
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Which gives us reasonable cause to believe that in any material respect the requirements.
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To keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and
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To prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations have not been met, or
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To which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
23[rd] December 2025
Common Thread Vision
Statement of financial activities for the year ended 31 March 2025
| Unrestricted | Restricted | 2025 | |||
| Funds | Funds | Total | |||
| £ | £ | £ | |||
| Incoming resources | |||||
| Donations | 2,190 | 25,949 | 28,139 | ||
| Total incoming resources | 2,190 | 25,949 | 28,139 | ||
| Resources expended | |||||
| Wages | 1,967 | 1,967 | |||
| Venue hire | 1,667 | 1,667 | |||
| Catering | 4,250 | 4,250 | |||
| IT Costs | 2,076 | 2,076 | |||
| Web development | 272 | 272 | |||
| Insurace | 268 | 268 | |||
| Travel | 221 | 221 | |||
| Governance costs | 135 | 135 | |||
| Sundryexpenses | 132 | 132 | |||
| - | |||||
| 2,297 | 8,691 | 10,988 | |||
| Net incoming resources | (107) | 17,258 | 17,151 | ||
| Total funds brought forward | |||||
| Total funds carried forward | (107) | 17,258 | 17,151 | ||
Common Thread Vision
Statement of balances for the year ended 31 March 2025
| Year ended | |
|---|---|
| 31 March | |
| 2025 | |
| £ | |
| Cash Funds | |
| Cash and bank balances at start | 17,587 |
| Surplus/ (deficit) for the year | 17,151 |
| _ | |
| 34,738 | |
| _ | |
| Total | 34,738 |