IRIS Accounts Production v24.3.0.553 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:kWhSC3747282023-03-31SC3747282024-03-31SC3747282023-04-012024-03-31SC3747282022-03-31SC3747282022-04-012023-03-31SC3747282023-03-31SC374728ns0:CharitableCompanyLimitedByGuarantee2023-04-012024-03-31SC374728ns15:PoundSterling2023-04-012024-03-31SC374728ns11:FRS1022023-04-012024-03-31SC374728ns11:IndependentExaminationCharity2023-04-012024-03-31SC374728ns11:SmallCompaniesRegimeForAccounts2023-04-012024-03-31SC374728ns11:FullAccounts2023-04-012024-03-31SC374728ns11:CharitiesSORP2023-04-012024-03-31SC37472822023-04-012024-03-31SC374728ns16:EnglandWales2023-04-012024-03-31SC374728ns11:RegisteredOffice2023-04-012024-03-31SC374728ns0:Trustee12023-04-012024-03-31SC374728ns0:Trustee32023-04-012024-03-31SC374728ns0:Trustee22023-04-012024-03-31SC374728ns0:Trustee42023-04-012024-03-31SC374728ns0:Trustee52023-04-012024-03-31SC374728ns0:Trustee62023-04-012024-03-31SC374728ns0:Trustee72023-04-012024-03-31SC374728ns0:Trustee82023-04-012024-03-31SC374728ns11:CompanySecretary12023-04-012024-03-31SC374728ns0:Activity82023-04-012024-03-31SC374728ns0:Activity8ns0:TotalUnrestrictedFunds2023-04-012024-03-31SC374728ns0:Activity8ns0:TotalRestrictedIncomeFunds2023-04-012024-03-31SC374728ns0:Activity82022-04-012023-03-31SC374728ns0:TotalUnrestrictedFunds2023-04-012024-03-31SC374728ns0:TotalRestrictedIncomeFunds2023-04-012024-03-31SC374728ns0:TotalUnrestrictedFunds2023-03-31SC374728ns0:TotalRestrictedIncomeFunds2023-03-31SC374728ns0:TotalUnrestrictedFunds2024-03-31SC374728ns0:TotalRestrictedIncomeFunds2024-03-31SC374728ns0:TotalUnrestrictedFundsns10:WithinOneYear2024-03-31SC374728ns0:TotalRestrictedIncomeFundsns10:WithinOneYear2024-03-31SC374728ns10:WithinOneYear2024-03-31SC374728ns10:WithinOneYear2023-03-31SC37472812023-04-012024-03-31SC374728ns10:PlantMachinery2023-04-012024-03-31SC374728ns10:ComputerEquipment2023-04-012024-03-31SC37472822023-04-012024-03-31SC37472832023-04-012024-03-31SC374728ns10:OwnedAssets2023-04-012024-03-31SC374728ns10:OwnedAssets2022-04-012023-03-31SC374728ns0:Activity8ns0:TotalUnrestrictedFunds2022-04-012023-03-31SC374728ns0:Activity8ns0:TotalRestrictedIncomeFunds2022-04-012023-03-31SC374728ns0:TotalUnrestrictedFunds2022-04-012023-03-31SC374728ns0:TotalRestrictedIncomeFunds2022-04-012023-03-31SC374728ns10:PlantMachinery2023-03-31SC374728ns10:ComputerEquipment2023-03-31SC374728ns10:PlantMachinery2024-03-31SC374728ns10:ComputerEquipment2024-03-31SC374728ns10:PlantMachinery2023-03-31SC374728ns10:ComputerEquipment2023-03-31
REGISTERED COMPANY NUMBER: SC374728 (Scotland)
REGISTERED CHARITY NUMBER: SC41389














REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

DAILLY COMMUNITY ACTIVITY CENTRE
ASSOCIATION LIMITED

DAILLY COMMUNITY ACTIVITY CENTRE
ASSOCIATION LIMITED

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










Page

Report of the Trustees 1 to 3

Independent Examiner's Report 4

Statement of Financial Activities 5

Balance Sheet 6 to 7

Notes to the Financial Statements 8 to 16

DAILLY COMMUNITY ACTIVITY CENTRE
ASSOCIATION LIMITED (REGISTERED NUMBER: SC374728)

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
Objectives and aims
The aims of the company are as follows:-

- to create and manage a community facility which will provide a range of associated services and projects to improve the sports participation, health, fitness and well- being of both Carrick residents and visitors,


- to offer accessible and affordable fitness and activity facilities,

- to provide a venue and focus for a range of community activity developing participation in sporting activity and promoting health and well-being, for all age groups and interests,

- to encourage the maximum ongoing development, involvement and empowerment of the local community, people and centre users,

- to make particular effort to engage the disadvantaged and excluded, particularly young people and promote and support healthier lifestyles for them.

FINANCIAL REVIEW
Principal funding sources
The Service Level Agreement with South Ayrshire Council is still in place. We were also in receipt of contribution to the daily running costs with a grant from Hadyard Hill Community Fund (Dailly), and other funding from Kilgallioch Wind Farm Community Fund.

Investment policy and objectives
The trustees have the power to invest in such assets as they see fit.

Reserves policy
The balance on unrestricted reserves at 31 March 2024 was £6,365 (2023: £7,400) and restricted funds £5,955 (2023: £7,944) The trustees aim to maintain funds equal to approximately three months operational expenditure.

FUTURE PLANS
The company hopes to continue to encourage as many local residents as possible to participate in sport through use of the facilities available.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The organisation is a company, limited by guarantee, incorporated on 12 March 2010 and governed by Memorandum and Articles of Association which were amended on 5 June 2018. The company is recognised as a Scottish Charity, under number SC041389.

In the event of the company being wound up, members are required to contribute an amount not exceeding £1 each.

Recruitment and appointment of new trustees
Trustees are appointed by ordinary resolution of the members or by resolution of the trustees. There shall be at least three trustees.


DAILLY COMMUNITY ACTIVITY CENTRE
ASSOCIATION LIMITED (REGISTERED NUMBER: SC374728)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024


STRUCTURE, GOVERNANCE AND MANAGEMENT
Induction and training of new trustees
New trustees undergo an appropriate induction programme to brief them on their obligations under charity and company law and the financial performance of the company.

Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
SC374728 (Scotland)

Registered Charity number
SC41389

Registered office
34 Dalrymple Street
Girvan
KA26 9AE

Trustees
H Menhinick
T W Boyd
F K de Faye
Mrs M Whiteford (resigned 31/10/2023)
P Eaglesham
C Scobie
P K Pain
J Smith (appointed 12/3/2024)

In accordance with the new Articles of Association, all of the trustees shall retire at each annual general meeting and, being eligible, offer themselves for re-election.

Company Secretary
P Eaglesham

Independent Examiner
Galbraith Pritchards
20 Barns Street
Ayr
Ayrshire
KA7 1XA

STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees (who are also the directors of Dailly Community Activity Centre Association Limited for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).


DAILLY COMMUNITY ACTIVITY CENTRE
ASSOCIATION LIMITED (REGISTERED NUMBER: SC374728)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024


STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

-select suitable accounting policies and then apply them consistently;
-observe the methods and principles in the Charity SORP;
-make judgements and estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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 23 October 2024 and signed on its behalf by:





F K de Faye - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
DAILLY COMMUNITY ACTIVITY CENTRE
ASSOCIATION LIMITED



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

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.








Marguerite Roos
The Institute of Chartered Accountants of Scotland

Galbraith Pritchards
20 Barns Street
Ayr
Ayrshire
KA7 1XA

28 October 2024

DAILLY COMMUNITY ACTIVITY CENTRE
ASSOCIATION LIMITED

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
funds funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Charitable activities 3
Activity centre 16,543 17,000 33,543 33,753

Other trading activities 2 8,453 - 8,453 6,188
Total 24,996 17,000 41,996 39,941

EXPENDITURE ON
Charitable activities 4
Activity centre 25,975 19,045 45,020 43,877

NET INCOME/(EXPENDITURE) (979 ) (2,045 ) (3,024 ) (3,936 )
Transfers between funds 13 (56 ) 56 - -
Net movement in funds (1,035 ) (1,989 ) (3,024 ) (3,936 )

RECONCILIATION OF FUNDS
Total funds brought forward 7,400 7,944 15,344 19,280

TOTAL FUNDS CARRIED FORWARD 6,365 5,955 12,320 15,344

DAILLY COMMUNITY ACTIVITY CENTRE
ASSOCIATION LIMITED (REGISTERED NUMBER: SC374728)

BALANCE SHEET
31 MARCH 2024

31/3/24 31/3/23
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 10 - 4,792 4,792 4,355

CURRENT ASSETS
Debtors 11 1,674 - 1,674 1,374
Cash at bank and in hand 12,691 1,736 14,427 15,157
14,365 1,736 16,101 16,531

CREDITORS
Amounts falling due within one year 12 (8,000 ) (573 ) (8,573 ) (5,542 )

NET CURRENT ASSETS 6,365 1,163 7,528 10,989

TOTAL ASSETS LESS CURRENT
LIABILITIES

6,365

5,955

12,320

15,344

NET ASSETS 6,365 5,955 12,320 15,344
FUNDS 13
Unrestricted funds 6,365 7,400
Restricted funds 5,955 7,944
TOTAL FUNDS 12,320 15,344

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.


DAILLY COMMUNITY ACTIVITY CENTRE
ASSOCIATION LIMITED (REGISTERED NUMBER: SC374728)

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 23 October 2024 and were signed on its behalf by:





H Menhinick - Trustee

DAILLY COMMUNITY ACTIVITY CENTRE
ASSOCIATION LIMITED

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


1. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
The Trustees consider that there are no material uncertainties about the company's abilities 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.

GOVERNANCE COSTS
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the independent examination 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.


Plant and machinery - 25% on reducing balance
Computer equipment - Straight line over 3 years

Assets costing less than £500 are not capitalised.

TAXATION
The company is a registered charity and is accordingly exempt from taxation on income which is applied for charitable purposes. 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.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

DAILLY COMMUNITY ACTIVITY CENTRE
ASSOCIATION LIMITED

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


1. ACCOUNTING POLICIES - continued

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

FINANCIAL INSTRUMENTS
The charity only has financial assets and financial liabilities that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

2. OTHER TRADING ACTIVITIES
31/3/24 31/3/23
£    £   
Social events 1,428 -
Hall lets 7,025 6,188
8,453 6,188

3. INCOME FROM CHARITABLE ACTIVITIES
31/3/24 31/3/23
Activity £    £   
Grants Activity centre 22,000 21,102
Subscriptions Activity centre 10,504 12,604
Sundry receipts Activity centre 1,039 47
33,543 33,753

Grants received, included in the above, are as follows:
31/3/24 31/3/23
£    £   
South Ayrshire Council Atl 5,000 5,000
Dailly Community Council Small Grants - 650
Foundation Scotland- HHCB Dailly 15,000 10,000
Kilgallioch Wind Farm Community Fund 2,000 2,000
SAC - Crisis Grant - 1,000
Tralorg Dailly Community Fund - Bouncy Castle - 2,452
22,000 21,102


DAILLY COMMUNITY ACTIVITY CENTRE
ASSOCIATION LIMITED

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


4. CHARITABLE ACTIVITIES COSTS
Direct
Costs (see Support
note 5) costs Totals
£    £    £   
Activity centre 43,520 1,500 45,020

5. DIRECT COSTS OF CHARITABLE ACTIVITIES
31/3/24 31/3/23
£    £   
Staff costs 20,212 25,849
Insurance 1,375 1,892
Light and heat 14,483 9,834
Telephone 641 738
Postage and stationery 79 64
Advertising and promotion 215 191
Sundries 681 351
Repairs and renewals 3,086 1,340
Cleaning 252 159
Equipment purchases - 136
Activity expenses 893 386
Depreciation 1,603 1,457
43,520 42,397

6. NET INCOME/(EXPENDITURE)

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

31/3/24 31/3/23
£    £   
Accountancy fees 1,500 1,480
Depreciation - owned assets 1,603 1,455

7. 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.


TRUSTEES' EXPENSES

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



DAILLY COMMUNITY ACTIVITY CENTRE
ASSOCIATION LIMITED

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


8. STAFF COSTS
31/3/24 31/3/23
£    £   
Wages and salaries 20,176 25,474
Other pension costs 36 375
20,212 25,849

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

31/3/24 31/3/23
Hall staff 4 3

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

9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Charitable activities
Activity centre 19,636 14,117 33,753

Other trading activities 6,188 - 6,188
Total 25,824 14,117 39,941

EXPENDITURE ON
Charitable activities
Activity centre 24,998 18,879 43,877

NET INCOME/(EXPENDITURE) 826 (4,762 ) (3,936 )


RECONCILIATION OF FUNDS
Total funds brought forward 6,574 12,706 19,280

TOTAL FUNDS CARRIED FORWARD 7,400 7,944 15,344


DAILLY COMMUNITY ACTIVITY CENTRE
ASSOCIATION LIMITED

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


10. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 April 2023 51,991 1,998 53,989
Additions 2,040 - 2,040
At 31 March 2024 54,031 1,998 56,029
DEPRECIATION
At 1 April 2023 47,636 1,998 49,634
Charge for year 1,603 - 1,603
At 31 March 2024 49,239 1,998 51,237
NET BOOK VALUE
At 31 March 2024 4,792 - 4,792
At 31 March 2023 4,355 - 4,355

11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Prepayments 1,674 1,374

12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Social security and other taxes 54 361
Accrued expenses 8,519 5,181
8,573 5,542


DAILLY COMMUNITY ACTIVITY CENTRE
ASSOCIATION LIMITED

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


13. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1/4/23 in funds funds 31/3/24
£    £    £    £   
Unrestricted funds
General fund 7,400 (979 ) (56 ) 6,365

Restricted funds
VASA 2,169 (545 ) - 1,624
COOP 780 (195 ) - 585
Dailly Community Council Small Grants - 172 - 172
Carrick Futures 598 (149 ) - 449
Western Recreation Trust 470 (118 ) - 352
Foundation Scotland- HHCB Dailly 475 768 - 1,243
Tralorg Dailly Community Fund - Bouncy
Castle

2,452

(978

)

56

1,530
SAC - Lighting Fund 1,000 (1,000 ) - -
7,944 (2,045 ) 56 5,955
TOTAL FUNDS 15,344 (3,024 ) - 12,320

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 24,996 (25,975 ) (979 )

Restricted funds
VASA - (545 ) (545 )
COOP - (195 ) (195 )
Dailly Community Council Small Grants 2,000 (1,828 ) 172
Carrick Futures - (149 ) (149 )
Western Recreation Trust - (118 ) (118 )
Foundation Scotland- HHCB Dailly 15,000 (14,232 ) 768
Tralorg Dailly Community Fund - Bouncy
Castle

-

(978

)

(978

)
SAC - Lighting Fund - (1,000 ) (1,000 )
17,000 (19,045 ) (2,045 )
TOTAL FUNDS 41,996 (45,020 ) (3,024 )


DAILLY COMMUNITY ACTIVITY CENTRE
ASSOCIATION LIMITED

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


13. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement At
At 1/4/22 in funds 31/3/23
£    £    £   
Unrestricted funds
General fund 6,574 826 7,400

Restricted funds
VASA 5,119 (2,950 ) 2,169
COOP 2,879 (2,099 ) 780
Carrick Futures 3,276 (2,678 ) 598
Western Recreation Trust 691 (221 ) 470
Foundation Scotland- HHCB Dailly 741 (266 ) 475
Tralorg Dailly Community Fund - Bouncy
Castle

-

2,452

2,452
SAC - Lighting Fund - 1,000 1,000
12,706 (4,762 ) 7,944
TOTAL FUNDS 19,280 (3,936 ) 15,344

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 25,824 (24,998 ) 826

Restricted funds
VASA 15 (2,965 ) (2,950 )
COOP - (2,099 ) (2,099 )
Dailly Community Council Small Grants 651 (651 ) -
Carrick Futures - (2,678 ) (2,678 )
Western Recreation Trust - (221 ) (221 )
Foundation Scotland- HHCB Dailly 9,999 (10,265 ) (266 )
Tralorg Dailly Community Fund - Bouncy
Castle

2,452

-

2,452
SAC - Lighting Fund 1,000 - 1,000
14,117 (18,879 ) (4,762 )
TOTAL FUNDS 39,941 (43,877 ) (3,936 )

DAILLY COMMUNITY ACTIVITY CENTRE
ASSOCIATION LIMITED

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


13. MOVEMENT IN FUNDS - continued

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

Net Transfers
movement between At
At 1/4/22 in funds funds 31/3/24
£    £    £    £   
Unrestricted funds
General fund 6,574 (153 ) (56 ) 6,365

Restricted funds
VASA 5,119 (3,495 ) - 1,624
COOP 2,879 (2,294 ) - 585
Dailly Community Council Small Grants - 172 - 172
Carrick Futures 3,276 (2,827 ) - 449
Western Recreation Trust 691 (339 ) - 352
Foundation Scotland- HHCB Dailly 741 502 - 1,243
Tralorg Dailly Community Fund - Bouncy
Castle

-

1,474

56

1,530
12,706 (6,807 ) 56 5,955
TOTAL FUNDS 19,280 (6,960 ) - 12,320

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 50,820 (50,973 ) (153 )

Restricted funds
VASA 15 (3,510 ) (3,495 )
COOP - (2,294 ) (2,294 )
Dailly Community Council Small Grants 2,651 (2,479 ) 172
Carrick Futures - (2,827 ) (2,827 )
Western Recreation Trust - (339 ) (339 )
Foundation Scotland- HHCB Dailly 24,999 (24,497 ) 502
Tralorg Dailly Community Fund - Bouncy
Castle

2,452

(978

)

1,474
SAC - Lighting Fund 1,000 (1,000 ) -
31,117 (37,924 ) (6,807 )
TOTAL FUNDS 81,937 (88,897 ) (6,960 )


DAILLY COMMUNITY ACTIVITY CENTRE
ASSOCIATION LIMITED

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


14. RELATED PARTY DISCLOSURES

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

15. ULTIMATE CONTROLLING PARTY

In the opinion of the trustees, there is no ultimate controlling party.