CALMAN TRUST

Company limited by guarantee

Company Registration Number:
SC184887 (Scotland)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

CALMAN TRUST

Contents of the Financial Statements

for the Period Ended 31 March 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

CALMAN TRUST

Directors' report period ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal activities of the company

Objectives and Activities: The Calman Trust vision is a society where all young people are valued and are empowered to achieve their full potential. Our mission is to improve the future prospects of those we work with by providing appropriate support, training and work opportunities so that they can become resilient, healthy, contributing and independent adults. Since formed in 1998, Calman has provided support and/or learning opportunities to young people across the Inner Moray Firth area of Highland, working with more than 6,000 in this time.



Directors

The directors shown below have held office during the whole of the period from
1 April 2022 to 31 March 2023

Sheila Fraser
Linda Stewart
Andrew Whitehouse
Mark S Bramley
Andrew Nixseaman


Secretary Isobel K Grigor

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
19 December 2023

And signed on behalf of the board by:
Name: Linda Stewart
Status: Director

CALMAN TRUST

Profit And Loss Account

for the Period Ended 31 March 2023

2023 2022


£

£
Turnover: 1,261,045 1,261,101
Cost of sales: ( 1,119,301 ) ( 1,106,687 )
Gross profit(or loss): 141,744 154,414
Distribution costs: 0 0
Administrative expenses: ( 12,574 ) 20,911
Operating profit(or loss): 129,170 175,325
Profit(or loss) before tax: 129,170 175,325
Profit(or loss) for the financial year: 129,170 175,325

CALMAN TRUST

Balance sheet

As at 31 March 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets: 3 125,654 63,875
Tangible assets: 4 641,376 611,300
Total fixed assets: 767,030 675,175
Current assets
Stocks: 5 11,585 9,335
Debtors: 6 15,163 234,927
Cash at bank and in hand: 301,003 138,236
Total current assets: 327,751 382,498
Creditors: amounts falling due within one year: 7 ( 173,318 ) ( 248,174 )
Net current assets (liabilities): 154,433 134,324
Total assets less current liabilities: 921,463 809,499
Creditors: amounts falling due after more than one year: 8 ( 142,508 ) ( 159,985 )
Provision for liabilities: ( 33,499 ) ( 33,228 )
Total net assets (liabilities): 745,456 616,286
Members' funds
Profit and loss account: 745,456 616,286
Total members' funds: 745,456 616,286

The notes form part of these financial statements

CALMAN TRUST

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 1 March 2024
and signed on behalf of the board by:

Name: Linda Stewart
Status: Director

The notes form part of these financial statements

CALMAN TRUST

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Freehold property and lease improvements 2% straight lineTenants improvements 2% straight lineMotor vehicles 25% reducing balance & 20% straight lineFixtures, fittings & equipment 15%-25% reducing balance or 25%-33% straight line

    Intangible fixed assets amortisation policy

    Amortisation is recognised so as to write off the cost of assets less their residual values over their useful lives on thefollowing bases:Development Costs 5 years from the date they become available for use.

    Other accounting policies

    As a recognised Scottish Charity, incoming funds committed towards specific purposes are treated as restricted to this purpose

CALMAN TRUST

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 28 29

CALMAN TRUST

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 April 2022 127,750 127,750
Additions 61,779 61,779
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 31 March 2023 189,529 189,529
Amortisation
At 1 April 2022 63,875 63,875
Charge for year 0 0
On disposals 0 0
Other adjustments 0 0
At 31 March 2023 63,875 63,875
Net book value
At 31 March 2023 125,654 125,654
At 31 March 2022 63,875 63,875

CALMAN TRUST

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2022 838,227 37,352 274,466 46,380 1,196,425
Additions 60,277 60,277
Disposals
Revaluations
Transfers
At 31 March 2023 838,227 37,352 334,743 46,380 1,256,702
Depreciation
At 1 April 2022 253,211 37,017 248,517 46,380 585,125
Charge for year 16,767 219 13,215 0 30,201
On disposals
Other adjustments
At 31 March 2023 269,978 37,236 261,732 46,380 615,326
Net book value
At 31 March 2023 568,249 116 73,011 0 641,376
At 31 March 2022 585,016 335 25,949 0 611,300

CALMAN TRUST

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Stocks

2023 2022
£ £
Stocks 11,585 9,335
Payments on account 0 0
Total 11,585 9,335

CALMAN TRUST

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Debtors

2023 2022
£ £
Trade debtors 14,403 69,648
Prepayments and accrued income 717 134,157
Other debtors 43 31,122
Total 15,163 234,927
Debtors due after more than one year: 0 0

CALMAN TRUST

Notes to the Financial Statements

for the Period Ended 31 March 2023

7. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 5,380 31,317
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 29,644 61,251
Taxation and social security 14,735 13,692
Accruals and deferred income 9,456 15,851
Other creditors 114,103 126,063
Total 173,318 248,174

CALMAN TRUST

Notes to the Financial Statements

for the Period Ended 31 March 2023

8. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 142,508 155,498
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 0 4,487
Total 142,508 159,985