IRIS Accounts Production v24.2.0.383 Other Company accounts True false Pounds 1.4.23 31.3.24 31.3.24 FY FRS 102 Independent examiner Small companies regime for accounts Full Charities SORP true false true true true false true false true iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC2026282023-03-31SC2026282024-03-31SC2026282023-04-012024-03-31SC2026282022-03-31SC2026282022-04-012023-03-31SC2026282023-03-31SC202628ns0:CharitableCompanyLimitedByGuarantee2023-04-012024-03-31SC202628ns15:PoundSterling2023-04-012024-03-31SC202628ns11:FRS1022023-04-012024-03-31SC202628ns11:IndependentExaminationCharity2023-04-012024-03-31SC202628ns11:SmallCompaniesRegimeForAccounts2023-04-012024-03-31SC202628ns11:FullAccounts2023-04-012024-03-31SC202628ns11:CharitiesSORP2023-04-012024-03-31SC20262822023-04-012024-03-31SC202628ns16:EnglandWales2023-04-012024-03-31SC202628ns11:RegisteredOffice2023-04-012024-03-31SC202628ns0:Trustee22023-04-012024-03-31SC202628ns0:Trustee32023-04-012024-03-31SC202628ns0:Trustee42023-04-012024-03-31SC202628ns0:Trustee12023-04-012024-03-31SC202628ns0:Trustee52023-04-012024-03-31SC202628ns0:Trustee62023-04-012024-03-31SC202628ns0:Trustee72023-04-012024-03-31SC202628ns0:Trustee82023-04-012024-03-31SC202628ns0:Trustee92023-04-012024-03-31SC202628ns11:CompanySecretary12023-04-012024-03-31SC202628ns0:TotalUnrestrictedFunds2023-04-012024-03-31SC202628ns0:TotalRestrictedIncomeFunds2023-04-012024-03-31SC202628ns0:Activity92023-04-012024-03-31SC202628ns0:TotalUnrestrictedFundsns0:Activity92023-04-012024-03-31SC202628ns0:Activity9ns0:TotalRestrictedIncomeFunds2023-04-012024-03-31SC202628ns0:Activity92022-04-012023-03-31SC202628ns0:Activity112023-04-012024-03-31SC202628ns0:Activity11ns0:TotalUnrestrictedFunds2023-04-012024-03-31SC202628ns0:Activity11ns0:TotalRestrictedIncomeFunds2023-04-012024-03-31SC202628ns0:Activity112022-04-012023-03-31SC202628ns0:Activity122023-04-012024-03-31SC202628ns0:Activity12ns0:TotalUnrestrictedFunds2023-04-012024-03-31SC202628ns0:Activity12ns0:TotalRestrictedIncomeFunds2023-04-012024-03-31SC202628ns0:Activity122022-04-012023-03-31SC202628ns0:TotalUnrestrictedFunds2023-03-31SC202628ns0:TotalRestrictedIncomeFunds2023-03-31SC202628ns0:TotalUnrestrictedFunds2024-03-31SC202628ns0:TotalRestrictedIncomeFunds2024-03-31SC202628ns0:TotalUnrestrictedFundsns10:WithinOneYear2024-03-31SC202628ns10:WithinOneYearns0:TotalRestrictedIncomeFunds2024-03-31SC202628ns10:WithinOneYear2024-03-31SC202628ns10:WithinOneYear2023-03-31SC20262812023-04-012024-03-31SC20262822023-04-012024-03-31SC20262832023-04-012024-03-31SC20262812023-04-012024-03-31SC20262812022-04-012023-03-31SC202628ns10:OwnedAssets2023-04-012024-03-31SC202628ns10:OwnedAssets2022-04-012023-03-31SC202628ns0:TotalUnrestrictedFunds2022-04-012023-03-31SC202628ns0:TotalRestrictedIncomeFunds2022-04-012023-03-31SC202628ns0:TotalUnrestrictedFundsns0:Activity92022-04-012023-03-31SC202628ns0:Activity9ns0:TotalRestrictedIncomeFunds2022-04-012023-03-31SC202628ns0:Activity12ns0:TotalUnrestrictedFunds2022-04-012023-03-31SC202628ns0:Activity12ns0:TotalRestrictedIncomeFunds2022-04-012023-03-31SC202628ns10:OwnedOrFreeholdAssetsns10:LandBuildings2023-03-31SC202628ns10:MotorVehicles2023-03-31SC202628ns10:ComputerEquipment2023-03-31SC202628ns10:OwnedOrFreeholdAssetsns10:LandBuildings2023-04-012024-03-31SC202628ns10:MotorVehicles2023-04-012024-03-31SC202628ns10:ComputerEquipment2023-04-012024-03-31SC202628ns10:OwnedOrFreeholdAssetsns10:LandBuildings2024-03-31SC202628ns10:MotorVehicles2024-03-31SC202628ns10:ComputerEquipment2024-03-31SC202628ns10:OwnedOrFreeholdAssetsns10:LandBuildings2023-03-31SC202628ns10:MotorVehicles2023-03-31SC202628ns10:ComputerEquipment2023-03-31
REGISTERED COMPANY NUMBER: SC202628 (Scotland)
REGISTERED CHARITY NUMBER: SC029711














REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

GIRVAN YOUTH TRUST

GIRVAN YOUTH TRUST

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Report of the Trustees 1 to 5

Independent Examiner's Report 6

Statement of Financial Activities 7

Balance Sheet 8 to 9

Notes to the Financial Statements 10 to 19

GIRVAN YOUTH TRUST (REGISTERED NUMBER: SC202628)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024



The trustees who are also 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 2024. The trustees have adopted the provisions of 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 2019).

OBJECTIVES AND ACTIVITIES
Mission Statement
To provide services and activities that develop young people as individuals and members of society.

Objectives and aims
Being a voluntary community led initiative, with charitable status, the main aim of Girvan Youth Trust is to enhance the quality of life for all local young people in Girvan and the surrounding rural district. The Trust provides mainstream diversionary, social and recreational opportunities and activities for young people aged 12 to 25 years of age, within and outwith the Z1 Youth Bar, our multi-functional, dedicated youth facility. We are heavily focussed on the development and well-being of young people, helping them to develop and enhance their individual and collective social skills and thereby realise their full potential. Our whole working ethos is founded on youth empowerment with the needs of the young people being at the heart of our project.


GIRVAN YOUTH TRUST (REGISTERED NUMBER: SC202628)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024


ACHIEVEMENT AND PERFORMANCE
Charitable activities
As the Board of Trustees, we are delighted to present our annual report for 2023/2024. This year has been marked by substantial progress and achievement for Girvan Youth Trust (GYT). Our dedicated efforts to expand youth work, enhance community engagement, and advance towards self-sustainability have yielded significant results. Here, we share the highlights of our work and its impact on the community.

Expansion of Youth Work Capacity

This year, we successfully expanded our youth work capacity by employing six additional Casual Youth Workers. This strategic move has allowed us to broaden our program offerings and reach more young people in Girvan. By providing our staff the freedom to run short pilot programs, we have introduced several new initiatives, including BMX Intro Sessions, Books & Biscuits, and a Boys' Group. These pilots have shown promising results and are candidates for inclusion in our main program.

Youth Work in Schools

Our Youth Work team have worked with Girvan Academy for over 20 years and in that time, the partnership with the school and the staff has grown and developed considerably. Our growing staff team are well known faces with both pupils and staff through our delivery of various sessions for pupils in S1 through to S6 in areas including Health and Wellbeing, Junior and Senior Transition, Work Readiness, Community Volunteering and Emerging Issues. Our staff team brings a diverse set of skills which enable us to offer youth work in school using a whole school approach as well as offering a more tailored and targeted approach for those who may need it in the way of 1-1 and small group sessions.

In 2023/2024, Girvan Academy invested in our team to offer an extended Youth Work in School programme, funded by their Pupil Equity Fund (PEF). Youth Work staff attend regular focus group and strategy group meetings and in doing so, work together with school staff and other key partners to offer young people the tailored support they need to learn, develop skills and recognise and achieve their potential. This investment in our time and expertise has allowed our team to offer personalised support as and when needed for pupils who may be facing barriers to attainment and achievement.

Volunteer Programme

Girvan Youth Trust currently have 82 volunteers registered who support our local youth work services and social enterprises. Volunteer roles include Trustees, Charity Shop Assistants, Bar Volunteers, Youth Work Volunteers and Community Volunteers. Between April 2023 and March 2024, Volunteers contributed 4,417 hours of their time, bringing with them a diverse set of valuable skills and experience. In 2023, Girvan Youth Trust secured funding to employ a Volunteer Development Worker who has created systems to log and track volunteer hours and progress and recognised their achievements through awards such as Saltire Awards, SAVA Awards and Dynamic Youth Awards. To date, the Volunteer Development Worker has recruited and supported 32 new volunteers into their roles and is looking to work with other local community organisations to create a volunteer network for Girvan and South Carrick and to renew Girvan Youth Trust's Volunteer Friendly status.

Community Engagement and Events

Our commitment to community engagement remains strong. We organised another successful Christmas Dinner, feeding over 70 young people, each of whom also received a Christmas gift. Additionally, we hosted our first-ever Modern Thinking Day at Girvan Academy, targeting S3 pupils. This event featured workshops on Positive Masculinity, Gender-Based Violence, and Media Stereotypes, facilitated by No Knives, Better Lives, Children & Young Person's Centre for Justice, and South Ayrshire Women's Aid.

We also revived Girvan's Annual Summer Cup in partnership with Girvan Youth FC, Girvan & District Attractions, and Community Safety. Moreover, we developed the Ballantrae Youth Club in collaboration with Ballantrae Community Council, further extending our reach and impact.


GIRVAN YOUTH TRUST (REGISTERED NUMBER: SC202628)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024


Celebrating Milestones

This year marked two significant anniversaries for GYT: 30 years of local youth work and 15 years of the Z1 Youth Bar. These milestones highlight our long-term commitment to supporting the youth in our community.

Sustainability and Financial Health

We are pleased with GYT's ongoing progress towards self-sustainability. Our charity shop has continued to thrive, generating a profit that contributes toward our overall running costs. This success enables us to offer a broader range of employability and training opportunities for our adult and young volunteers. This year, we supported Invergarven and Girvan Academy seniors with their volunteer awards and customer service qualifications.

Partnerships and Employability Programs

Securing an ongoing Service Level Agreement with South Ayrshire Council to fund Girvan Boating Pond has been a significant achievement. This grant supports our employability program, allowing us to employ 20 young people from April to September on a rolling three-year basis. Girvan Boating Pond, a unique tourist attraction, provides excellent training and employment opportunities, with a 100% success rate in moving young people into positive destinations in education, training, or work.

Facility Utilisation and Community Events

Our Z1 building continues to be a hub of activity, hosting events by NHS, South Ayrshire Council, and NEST Ayrshire. Positive feedback on our modern facilities and accessibility is a testament to our ongoing efforts to provide a welcoming environment.

GYT's presence in the local community is well-established through various events, such as the Christmas Fayre, community bingo, panto, and free family trips. These events not only offer enjoyment but also introduce more people to our facilities, leading to increased private hire bookings. The Music on the Prom (MOTP) remains Ayrshire's premier free music event, attracting up to 600 visitors weekly during the summer and boasting an online following of over 30,000.

Future Plans

Looking ahead to 2024, we plan to upgrade our bathroom and garden areas at the Z1 Youth Bar to further improve on our disability-friendly and inclusivity standards. These improvements, currently in the planning stages, represent the final phase of our building renovations initiated in 2020.

Project Search and Team Activities

Project Search continues to thrive, with five interns from last year securing employment and nine new interns joining this year's cohort. The progress of these young individuals is incredibly rewarding. Our various trips, including Christmas shopping and activities like bowling and laser tag, have provided fun and bonding experiences for our young people. Whole team activities, such as the Halloween walk-through and Christmas dinner, foster team spirit and camaraderie among staff and participants alike.

In conclusion, the Board of Trustees is proud of GYT's achievements in 2023/2024. Our strategic initiatives have enhanced our capacity to serve the community, fostered youth development, and strengthened our financial health. We remain committed to our mission and look forward to another year of growth and success.

FINANCIAL REVIEW
Reserves policy
As at 31 March 2024, unrestricted funds amounted to £219,011, restricted funds were £460,627. The aim of the company is to maintain reserves sufficient to meet its future obligations.


GIRVAN YOUTH TRUST (REGISTERED NUMBER: SC202628)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024


FINANCIAL REVIEW
Review of Financial Statements
The financial statements are set out on pages 7 to 19.

The Statement of Financial Activities for the period shows total income of £447,495 and total expenditure of £470,884 which results in net deficit of £23,389. Of this, net expenditure of £72,972 was attributable to restricted projects and net income of £49,583 was attributable to general reserves which now stand at £219,011.

Changes in fixed assets are detailed in note 12 to the financial statements.

FUTURE PLANS
We will continue to provide support to the young people of Girvan and the surrounding areas through our ongoing projects and new opportunities that we explore. We will also continue to work closely with other local charities and community groups to enhance the quality of life for all local young people and to ensure that all our initiatives and services continue to provide a safe and fun environment in which young people can develop and enhance their lifelong learning

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new Trustees
New directors are put forward by the members of the company for election.The trustees meet frequently to hear of progress on activities and take decisions as necessary and appropriate.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
SC202628 (Scotland)

Registered Charity number
SC029711

Registered office
154 Dalrymple Street
Girvan
KA26 9BQ

Trustees
L J Douglas
P F Waugh
J Lindsay
G Skilling
A Valdrighi
J McManus
T Stubley
S Johnson
C McNeil

Company Secretary
G Skilling


GIRVAN YOUTH TRUST (REGISTERED NUMBER: SC202628)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024


REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
Alistair Campbell FCCA
Galbraith Pritchards
Chartered Accountants
20 Barns Street
Ayr
Ayrshire
KA7 1XA

Bankers
Bank of Scotland
123 High Street
Ayr
KA7 1QP

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 21 August 2024 and signed on its behalf by:





L J Douglas - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
GIRVAN YOUTH TRUST



I report on the accounts for the year ended 31 March 2024 set out on pages seven to nineteen.

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) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the 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 the independent examiner's report
My examination was 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 seeking explanations from you as 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 connection with my examination, no matter has come to my attention :

(1) which gives me reasonable cause to believe that, in any material respect, the requirements

- to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and
- to prepare accounts which accord with the accounting records and to 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.








Alistair Campbell FCCA
The Association of Chartered Certified Accountants

Galbraith Pritchards
Chartered Accountants
20 Barns Street
Ayr
Ayrshire
KA7 1XA

22 August 2024

GIRVAN YOUTH TRUST

STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2024

31/3/24 31/3/23
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 2 28,918 2,245 31,163 17,603

Charitable activities
Grants 20,611 336,941 357,552 385,678

Other trading activities 3 48,089 7,803 55,892 34,892
Investment income 4 2,888 - 2,888 -
Total 100,506 346,989 447,495 438,173

EXPENDITURE ON
Charitable activities 5
Costs directly allocated to activities 36,758 419,961 456,719 431,780
Support Costs 14,165 - 14,165 3,935
Total 50,923 419,961 470,884 435,715

NET INCOME/(EXPENDITURE) 49,583 (72,972 ) (23,389 ) 2,458


RECONCILIATION OF FUNDS
Total funds brought forward 169,428 533,599 703,027 700,569

TOTAL FUNDS CARRIED FORWARD 219,011 460,627 679,638 703,027

GIRVAN YOUTH TRUST (REGISTERED NUMBER: SC202628)

BALANCE SHEET
31 MARCH 2024

31/3/24 31/3/23
Unrestricted Restricted Total Total
fund funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 12 104,836 271,115 375,951 427,621

CURRENT ASSETS
Stocks 13 112 - 112 112
Debtors 14 1,810 1,345 3,155 34,196
Cash at bank and in hand 123,952 188,167 312,119 247,055
125,874 189,512 315,386 281,363

CREDITORS
Amounts falling due within one year 15 (11,699 ) - (11,699 ) (5,957 )

NET CURRENT ASSETS 114,175 189,512 303,687 275,406

TOTAL ASSETS LESS CURRENT
LIABILITIES

219,011

460,627

679,638

703,027

NET ASSETS 219,011 460,627 679,638 703,027
FUNDS 16
Unrestricted funds 219,011 169,428
Restricted funds 460,627 533,599
TOTAL FUNDS 679,638 703,027

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.


GIRVAN YOUTH TRUST (REGISTERED NUMBER: SC202628)

BALANCE SHEET - continued
31 MARCH 2024

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 and authorised for issue on 21 August 2024 and were signed on its behalf by:





G Skilling - Trustee





L J Douglas - Trustee

GIRVAN YOUTH TRUST

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. 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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The Trustees consider that there are no material uncertainties about the company's ability to continue as a going concern.

Critical accounting judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amounts 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 if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

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
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity including the scrutiny costs and costs linked to the strategic management of the charity.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - 4% on cost
Equipment - 25% on reducing balance
Motor Vehicles - 25% on reducing balance

Individual fixed assets costing £500 or more are capitalised at cost.


GIRVAN YOUTH TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


1. ACCOUNTING POLICIES - continued

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
The charity is exempt from corporation tax on its charitable activities. The company is not registered for Value Added Tax and, accordingly, any such irrecoverable tax is included in the expenditure concerned.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds 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.

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

2. DONATIONS AND LEGACIES
31/3/24 31/3/23
£    £   
Donations 31,163 17,603

3. OTHER TRADING ACTIVITIES
31/3/24 31/3/23
£    £   
Thrift Shop income 27,046 15,578
Z1 Youth Bar income 21,540 11,040
Boating Pond Takings 7,306 8,274
55,892 34,892

4. INVESTMENT INCOME
31/3/24 31/3/23
£    £   
Deposit account interest 2,888 -


GIRVAN YOUTH TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. CHARITABLE ACTIVITIES COSTS
Direct Support
Costs (see costs (see
note 6) note 7) Totals
£    £    £   
Costs directly allocated to activities 456,082 637 456,719
Support Costs - 14,165 14,165
456,082 14,802 470,884

6. DIRECT COSTS OF CHARITABLE ACTIVITIES
31/3/24 31/3/23
£    £   
Staff costs 280,321 264,415
Z1 Youth Bar Costs 13,439 12,061
Telephone 1,764 1,634
Activities and entertainment 52,663 36,748
Printing, postage & stationery 3,605 3,487
Premises costs 30,638 42,646
Training 3,050 718
Travelling 2,862 1,323
Project Search Costs 3,570 4,496
Charity Shop Expenditure 9,928 8,327
Minibus Expenses 2,571 2,725
Depreciation 51,671 52,240
Loss on sale of assets - 519
456,082 431,339

7. SUPPORT COSTS
Governance
Finance costs Totals
£    £    £   
Costs directly allocated to activities 637 - 637
Support Costs - 14,165 14,165
637 14,165 14,802

Included on Governance costs is remuneration paid to the independent examiner of £3,635.


GIRVAN YOUTH TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. SUPPORT COSTS - continued
Support costs, included in the above, are as follows:
31/3/24 31/3/23
Costs
directly
allocated
to Support Total Total
activities Costs activities activities
£    £    £    £   
Bank charges 637 - 637 441
Accountancy and legal fees - 3,635 3,635 3,635
Professional Fees - 10,530 10,530 300
637 14,165 14,802 4,376

8. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31/3/24 31/3/23
£    £   
Depreciation - owned assets 51,670 52,239
Deficit on disposal of fixed assets - 519

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.


No director received any remuneration during the year.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.


10. STAFF COSTS

The average monthly number of employees during the year was as follows:

31/3/24 31/3/23
Average number of employees 30 27

No employees received emoluments in excess of £60,000.


GIRVAN YOUTH TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 16,858 745 17,603

Charitable activities
Grants 53,202 332,476 385,678

Other trading activities 26,618 8,274 34,892
Total 96,678 341,495 438,173

EXPENDITURE ON
Charitable activities
Costs directly allocated to activities 83,415 348,365 431,780
Support Costs 3,935 - 3,935
Total 87,350 348,365 435,715

NET INCOME/(EXPENDITURE) 9,328 (6,870 ) 2,458


RECONCILIATION OF FUNDS
Total funds brought forward 160,099 540,470 700,569

TOTAL FUNDS CARRIED FORWARD 169,427 533,600 703,027

'

12. TANGIBLE FIXED ASSETS
Freehold Motor
property vehicles Equipment Totals
£    £    £    £   
COST
At 1 April 2023 and 31 March 2024 1,051,648 34,025 74,042 1,159,715
DEPRECIATION
At 1 April 2023 664,363 10,694 57,037 732,094
Charge for year 42,066 5,833 3,771 51,670
At 31 March 2024 706,429 16,527 60,808 783,764
NET BOOK VALUE
At 31 March 2024 345,219 17,498 13,234 375,951
At 31 March 2023 387,285 23,331 17,005 427,621

GIRVAN YOUTH TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


13. STOCKS
31/3/24 31/3/23
£    £   
Stocks 112 112

14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade debtors 1,810 34,196
Prepayments 1,345 -
3,155 34,196

15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Social security and other taxes 9,292 3,719
Accruals and deferred income 2,407 2,238
11,699 5,957

16. MOVEMENT IN FUNDS
Net
movement At
At 1/4/23 in funds 31/3/24
£    £    £   
Unrestricted funds
General fund 169,428 49,583 219,011

Restricted funds
Property grants 290,643 (41,426 ) 249,217
Ring Fenced 78,609 (55,205 ) 23,404
Severance 25,014 (3,911 ) 21,103
Life's a Journey 8,026 8,199 16,225
Hand in Hand 81,927 29,748 111,675
Managed Money 18,128 (2,563 ) 15,565
Minibus Fund 22,875 (5,719 ) 17,156
Solar Panel Funding 8,377 (2,095 ) 6,282
533,599 (72,972 ) 460,627
TOTAL FUNDS 703,027 (23,389 ) 679,638

GIRVAN YOUTH TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


16. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 100,505 (50,922 ) 49,583

Restricted funds
Property grants - (41,426 ) (41,426 )
Ring Fenced 95,924 (151,129 ) (55,205 )
Severance 1 (3,912 ) (3,911 )
Life's a Journey 60,307 (52,108 ) 8,199
Hand in Hand 156,430 (126,682 ) 29,748
Managed Money 3,209 (5,772 ) (2,563 )
Boating Lake 31,120 (31,120 ) -
Minibus Fund - (5,719 ) (5,719 )
Solar Panel Funding (1 ) (2,094 ) (2,095 )
346,990 (419,962 ) (72,972 )
TOTAL FUNDS 447,495 (470,884 ) (23,389 )


Comparatives for movement in funds

Net
movement At
At 1/4/22 in funds 31/3/23
£    £    £   
Unrestricted funds
General fund 160,099 9,329 169,428

Restricted funds
Property grants 332,709 (42,066 ) 290,643
Ring Fenced 35,896 42,713 78,609
Severance 20,506 4,508 25,014
Life's a Journey 18,245 (10,219 ) 8,026
Hand in Hand 82,159 (232 ) 81,927
Managed Money 19,192 (1,064 ) 18,128
Boating Lake 31,763 (31,763 ) -
Minibus Fund - 22,875 22,875
Solar Panel Funding - 8,377 8,377
540,470 (6,871 ) 533,599
TOTAL FUNDS 700,569 2,458 703,027

GIRVAN YOUTH TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


16. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 96,679 (87,350 ) 9,329

Restricted funds
Property grants - (42,066 ) (42,066 )
Ring Fenced 139,608 (96,895 ) 42,713
Severance - 4,508 4,508
Life's a Journey 26,999 (37,218 ) (10,219 )
Hand in Hand 126,637 (126,869 ) (232 )
Managed Money 337 (1,401 ) (1,064 )
Boating Lake 8,274 (40,037 ) (31,763 )
Minibus Fund 30,500 (7,625 ) 22,875
Solar Panel Funding 9,139 (762 ) 8,377
341,494 (348,365 ) (6,871 )
TOTAL FUNDS 438,173 (435,715 ) 2,458

A current year 12 months and prior year 12 months combined position is as follows:

Net
movement At
At 1/4/22 in funds 31/3/24
£    £    £   
Unrestricted funds
General fund 160,099 58,912 219,011

Restricted funds
Property grants 332,709 (83,492 ) 249,217
Ring Fenced 35,896 (12,492 ) 23,404
Severance 20,506 597 21,103
Life's a Journey 18,245 (2,020 ) 16,225
Hand in Hand 82,159 29,516 111,675
Managed Money 19,192 (3,627 ) 15,565
Boating Lake 31,763 (31,763 ) -
Minibus Fund - 17,156 17,156
Solar Panel Funding - 6,282 6,282
540,470 (79,843 ) 460,627
TOTAL FUNDS 700,569 (20,931 ) 679,638

GIRVAN YOUTH TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


16. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 197,184 (138,272 ) 58,912

Restricted funds
Property grants - (83,492 ) (83,492 )
Ring Fenced 235,532 (248,024 ) (12,492 )
Severance 1 596 597
Life's a Journey 87,306 (89,326 ) (2,020 )
Hand in Hand 283,067 (253,551 ) 29,516
Managed Money 3,546 (7,173 ) (3,627 )
Boating Lake 39,394 (71,157 ) (31,763 )
Minibus Fund 30,500 (13,344 ) 17,156
Solar Panel Funding 9,138 (2,856 ) 6,282
688,484 (768,327 ) (79,843 )
TOTAL FUNDS 885,668 (906,599 ) (20,931 )

Severance - This is the funding that has accrued to cover our legal obligation to pay long standing members staff severance.

Life's a Journey - This funding is restricted as it relates to the funding granted against staff & operational costs for delivering the "Life's a Journey" Youth Development project.

Hand in Hand - This is for funding that is awarded solely for the staff & programme costs in relation to the Hand in Hand project.

Managed Money - This fund comprises 2Kare South Carrick / South Carrick Wages. This is a fund for our Youth Participatory Budgeting committee. The South Carrick wages was awarded in relation to the incurred costs in regards to employing a sessional support youth worker & ongoing operational / administration costs relating to the Participatory Budgeting project.

Minibus Fund - These funds were awarded for the cost of the minibus.

Solar panels Fund - These funds were provided for the cost of our solar panels.


GIRVAN YOUTH TRUST

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


17. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.

18. ULTIMATE CONTROLLING PARTY

The Trustees consider there to be no ultimate controlling party.

19. GRANTS RECEIVED

The company acknowledges receipt of financial support from the following organisations which are recognised in the financial statements:

£
Agnes Hunter Trust 13,500
Assell Valley 3,000
Ballantrae CC 4,543
BBC Children in Need 47,892
Crimestoppers 500
Foundation Scotland 14,000
Henry Smith Charity 50,500
M V Hillhouse 1,000
National Lottery 23,465
South Ayrshire Council 34,714
Scottish Government 50,263
The Rozelle Trust 3,000
The Robertson Trust 29,700
Turcan Connell 3,640
Wm Grant & Sons 73,425
Youthlink Scotland 4,410
Total 357,552