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REGISTERED COMPANY NUMBER: SC214791 (Scotland)
REGISTERED CHARITY NUMBER: SC026829














REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

GATEHOUSE OF FLEET YMCA

GATEHOUSE OF FLEET YMCA

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 17

GATEHOUSE OF FLEET YMCA (REGISTERED NUMBER: SC214791)

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 charity exists to meet the need of the community of Gatehouse of Fleet to provide a secure social and recreational environment for young people aged 12 to 25 (principally those in secondary education) within the Drop-in Centre in the town. The Charity operates a charity shop selling donated goods; all sale proceeds form part of the charities fund raising efforts and contribute to the sustainability of the project. Gatehouse of Fleet YMCA is affiliated as a member of National YMCA Scotland but is responsible for its own financial and business decisions and independence.


GATEHOUSE OF FLEET YMCA (REGISTERED NUMBER: SC214791)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024


OBJECTIVES AND ACTIVITIES
Activities and Review of Accomplishments
The Drop In Centre has gone through a period of considerable change during the period 2023/24. New board members co-opted and elected onto the Management Board were Jason Middleton co-opted in August 2023. Gill Hart was co-opted and elected onto the Board and Kevin Rigney resigned at the AGM October 2023. Following the AGM, Hilary McConchie was elected to continue in the role of Honorary Treasurer and Josephine Cameron was elected to continue as Chair of the Company. Sheila McKean volunteered to be Minute Secretary.

At the Board Meeting 19 March 2024, Josephine Cameron gave notice of her intention to resign and retire from Gatehouse of Fleet YMCA Management Board after 28 years of service. Aubrey Chatham gave notice of his intention to retire from the Management Board after 14 years of service. In April 2024 Naomi Campbell gave notice of her intention to resign from the Board after 5 years of service and Jason Middleton also gave notice of his resignation. This left Gatehouse YMCA Drop In Centre in a very weak position, leaving just two Board Members to run the Company. With the support of YMCA Scotland and Holywood Trust, along with several founding members of the Drop In Centre, four new Board Members were co-opted on to the Management Board on 12th June 2024. Fiona Stark - Rozanne Macpherson - Clare Wharton - Alexandra Little. In addition, the Board will have the regular support of Helen Turner, former employee of Holywood Trust and lifelong member of YMCA Scotland.

There have also been some staff changes. The role of Office Manager (8 hours per week) has proved successful following the appointment of Joanne Taplin in June 2023. Joanne Taplin carries out an important role in the Company, namely, accounts book keeper in close liaison with the Honorary Treasurer. Joanne Taplin is also responsible for the smooth running of the Drop In Centre and Charity Shop ensuring all Fire Safety equipment is regularly checked and Health & Safety regulations are in order. Joanne also oversees the smooth running of the Charity Shop in liaison with a recently appointed Charity Shop Co-ordinator. Joanne Taplin submits a monthly up date report to the Management Board meetings.

In May 2023 Emma Harrison took on the role of Senior Youth Worker and has worked hard to successfully build up the numbers of young people regularly attending the Drop in Centre. Two Assistant Youth Workers (7.5 hours per week each) funded by Holywood Trust, were appointed in June 2023 and have provided regular assistance to Emma Harrison at the twice weekly youth sessions. The benefit to the young people, who meet the same team of youth workers at each session, has been significant. The young people have built up trusted relationships with them which have fostered a relaxed environment enabling confidential conversations on many personal issues to take place. A new Holywood Trust two year funding grant commenced 31 October 2023 and the Assistant Youth Worker staff were contracted to continue in their roles under this new grant funding.

The Charity Shop - leading up to Christmas 2023 the shop was over flowing with donated items from local residents. A decision was made to close the shop for 4 weeks during the Christmas and New Year period to sort out, thin out and give the shop a makeover with fresh paint and professional cleaning of the carpets. A small team successfully carried out this work and since the shop has re-opened the takings have maintained a healthy monthly income. Alice Fidgen was appointed as a new Charity Shop Co-ordinator and regular tidying and recycling of unsold items ensures the shop is spacious and welcoming to all regular customers and holidaymakers. New volunteers continue to support the Charity Shop and we are so grateful for this regular source of income which covers most of our running costs.

Honorary Treasurer's Report:
Income:
From March 2023 to March 2024, we have received in total £57,155 which is £3,670 more than the previous year. Payments were down from £51,416 in 2023 to £49,848 in 2024.
The shop income was a marvellous £34,403. Donations reached £815 and the supporter's club gave a further £1230 in standing orders .
It would appear that no gift aid was collected this year.
We are extremely grateful to the following organisations for their support by providing funds to benefit the children attending the Drop in Centre, funds restricted for that purpose; Youth Activities and Events, The Holywood Grant, 10,000 Voices, Amazing Summer, The Murray Usher Fund, Youth Café (Tescos) and Youth Scotland Rural Action.

GATEHOUSE OF FLEET YMCA (REGISTERED NUMBER: SC214791)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024


OBJECTIVES AND ACTIVITIES
Expenditure:
Wages have been the major expense coming to £32,759 in total. This was up over £12,000.
Social security and insurance were both slightly up as was postage, stationary and advertising but we have made savings on pensions, light and heat, telephone, cleaning , youth activity costs and repairs .
Accountancy and legal fees bring the total expenditure to £49,848.

Senior Youth Worker's Report:
Gatehouse of Fleet YMCA continues to run an engaging and exciting youth led programme for the young people of the town and surrounding area. Over the past year, the number of sessions have increased, with the introduction of a Monday after school Youth Café in May 2023, a monthly Bible Study in February 2024 and a 16 to 25's Group which started in March 2024. The Wednesday evening Drop In sessions have continued as normal with an increase in the numbers of young people attending and engaging with youth workers in a meaningful and positive way. In addition, the young people are offered additional outings and adventures throughout the year, with fun filled programmes throughout the school holidays.

There are now 10 to 12 regular attendees (age 10-13) with a programme specifically designed to meet their interests and needs. Much progress has been made over the past year and it is hoped to continue the provision of this high quality service in the coming year.

The Monday Youth Café sessions have proved invaluable. The young people have an opportunity to do homework straight after school. Also to learn cookery skills in the kitchen by helping to prepare a healthy, home cooked meal, allowing all present to sit around the table to eat together. We have found this to be an excellent means to invoke meaningful conversation, to play games and do activities together as a whole group.

The Wednesday evening Drop In sessions remain popular. Offering workshops, slime making, table tennis, tennis, walks and many other things! Thanks to £685.00 funding from Rural Action Scotland, a 'Chill Zone' was created upstairs for the young people who requested space to unwind or escape the noise of downstairs activities. This new facility has been an amazing asset for small groups and resulted in interesting topics of conversation, which has strengthened the rapport between young people and staff. The introduction of a Monthly Bible Class was the result of the young people asking questions about faith and Christianity. They felt comfortable in raising these questions with staff, and contact was made with Scripture Union Scotland inviting them to come and help deliver a monthly Bible Study class at the Drop In Centre. There are currently 4 regular attendees.

Over the 2023 summer holidays, a range of exciting activities were planned, including a trip to Kirroughtree Mountain Biking (funded through the Murray Usher Foundation) and a day at Abernethy Barcaple Outdoor Activity Centre, (thanks to £500 funding from Amazing Summer Application) trying new activities such as raft building, a challenge course and archery. Other local activities included art and craft sessions, walks, bike rides and Drop In sessions throughout the summer.

The 16 to 25 group continues to develop, with the first session on 11th March 2024. There has been slow progress in attracting attendees. Sessions run fortnightly and 3 young people in total have attended so far. This is a very difficult age group to reach, but sessions are being specifically focused and developed to suit their specific needs and interests of those who do come along.

Other:
Gatehouse YMCA continues to be an active member of the Stewartry Youth Forum, the Gatehouse Youth Workers Forum and Youth Scotland D&G. These local relationships and connections have been invaluable by helping support our young people to explore other available activities in the region and provide networking opportunities for staff.

On 23rd November 2023, Senior Youth Worker (Emma Harrison) and Assistant Youth Worker (Joanne Taplin) attended the Dumfries and Galloway Youth Awards at Easterbrook Hall, Dumfries on behalf of the Gatehouse YMCA to represent the Stewartry Youth Forum. A representative from Youth Scotland also attended a meeting at Gatehouse YMCA on 4th March 2023 and is keen to help deliver sessions and activities for the young people and to provide information on local upcoming training and events.

GATEHOUSE OF FLEET YMCA (REGISTERED NUMBER: SC214791)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024


OBJECTIVES AND ACTIVITIES

YMCA National Assembly - Emma Harrison and Joanne Taplin attended the assembly in Stirling from 1st to 3rd March 2024. This was a great opportunity to network with other YMCA's across the country and to find out about potential funders and upcoming events.

Volunteers
No amount has been included within the accounts in relation to volunteers in line with the SORP.

FINANCIAL REVIEW
Financial position
Revenue receipts for the year amounted to £57,155 an increase from the previous year's receipts of £53,485. Payments amounted to £49,848 down from £51,416 in the previous year. As a result, there is a surplus of £7,307 (2023: £2,069). Total reserves held at the year end were £222,525, of which £109,664 were restricted funds.

Reserves policy
The Gatehouse of Fleet YMCA retains reserves for the following purposes :-

- to meet any annual shortfall in Centre running costs, after Charity Shop income and all other donations and fund-raising income have been taken into account
- to act as a contingency in the event of significant maintenance expenditure being required on the Drop in Centre or the Charity Shop.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The company was established under a Memorandum of Association that established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up the members are required to contribute an amount not exceeding £1 each.

Recruitment and appointment of new trustees
The Trustees of the charity are selected from local individuals who volunteer their services, as board members, to the charity.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
SC214791 (Scotland)

Registered Charity number
SC026829

Registered office
Drop In Centre
5 Digby Street
Gatehouse of Fleet
CASTLE DOUGLAS
DG7 2JW


GATEHOUSE OF FLEET YMCA (REGISTERED NUMBER: SC214791)

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024


Trustees
Josephine Elizabeth Cameron (resigned 23/5/24)
Aubrey James Chatham (resigned 23/5/24)
Alexandra Clare Hodson (resigned 10/10/24)
Pauline Mitchell (resigned 25/5/23)
Kevin Rigney (resigned 17/10/23)
Naomi Campbell (resigned 25/4/24)
Hilary Frances McConchie
Gillian Mary Hart Minister of Religion (appointed 17/10/23)
Jason Middleton (appointed 22/7/23) (resigned 25/4/24)
Claire Wharton (appointed 23/5/24)
Fiona Stark (appointed 23/5/24)
Rozanne Macpherson (appointed 23/5/24)
Alexandra Little (appointed 23/5/24)
Michael Kenneth Fidgen (appointed 11/7/24)
Helen Alice Fidgen (appointed 11/7/24)

Independent Examiner
Bell Ogilvy
Chartered Accountants
36 King Street
Castle Douglas
Dumfries & Galloway
DG7 1AF

Bankers
Bank of Scotland
192 King Street
CASTLE DOUGLAS
DG7 1DB

Solicitors
Gillespie Gifford & Brown
135 Irish Street
DUMFRIES
DG1 2NT

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 29 November 2024 and signed on its behalf by:





Gillian Mary Hart - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
GATEHOUSE OF FLEET YMCA



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

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.








Eilidh Harman BA (Hons) CA
The Institute of Chartered Accountants of Scotland

Bell Ogilvy
Chartered Accountants
36 King Street
Castle Douglas
Dumfries & Galloway
DG7 1AF

2 December 2024

GATEHOUSE OF FLEET YMCA

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

2024 2023
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 3 615 200 815 2,765

Charitable activities 6
Youth Activities 1,518 19,435 20,953 11,839

Other trading activities 4 34,403 - 34,403 38,590
Investment income 5 984 - 984 291
Total 37,520 19,635 57,155 53,485

EXPENDITURE ON
Raising funds 2,085 121 2,206 6,261

Charitable activities
Youth Activities 35,000 11,192 46,192 43,605

Other 1,450 - 1,450 1,550
Total 38,535 11,313 49,848 51,416

NET INCOME/(EXPENDITURE) (1,015 ) 8,322 7,307 2,069


RECONCILIATION OF FUNDS
Total funds brought forward 113,877 101,341 215,218 213,149

TOTAL FUNDS CARRIED FORWARD 112,862 109,663 222,525 215,218

GATEHOUSE OF FLEET YMCA (REGISTERED NUMBER: SC214791)

BALANCE SHEET
31 MARCH 2024

2024 2023
Unrestricted Restricted Total Total
funds funds funds funds
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 11 50,217 96,249 146,466 146,925

CURRENT ASSETS
Debtors 12 1,764 - 1,764 3,605
Cash at bank and in hand 62,629 13,414 76,043 66,486
64,393 13,414 77,807 70,091

CREDITORS
Amounts falling due within one year 13 (1,748 ) - (1,748 ) (1,798 )

NET CURRENT ASSETS 62,645 13,414 76,059 68,293

TOTAL ASSETS LESS CURRENT
LIABILITIES

112,862

109,663

222,525

215,218

NET ASSETS 112,862 109,663 222,525 215,218
FUNDS 14
Unrestricted funds 112,862 113,877
Restricted funds 109,663 101,341
TOTAL FUNDS 222,525 215,218

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.


GATEHOUSE OF FLEET YMCA (REGISTERED NUMBER: SC214791)

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 29 November 2024 and were signed on its behalf by:





Gillian Mary Hart - Trustee

GATEHOUSE OF FLEET YMCA

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


1. LEGAL FORM

Gatehouse of Fleet YMCA is an private incorporated charity limited by guarantee and registered in Scotland.

2. 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.

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.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

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 - not provided
Fixtures and fittings - 20% on cost
Office Equipment - 20% on cost

Depreciation is not provided in respect of freehold land and buildings. Freehold properties are not depreciated where the trustees are of the opinion that the buildings are maintained to ensure that the residual values, assessed on the basis of the price paid at the time of acquisition or subsequent valuation are not less than the carrying values and as a result the annual depreciation charge is not material to the financial statements.

The assets' residual values and useful lives are reviewed, and adjusted, at the end of each reporting period.

TAXATION
The charity is exempt from corporation tax on its charitable activities.

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


GATEHOUSE OF FLEET YMCA

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


2. ACCOUNTING POLICIES - continued

FUND ACCOUNTING
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.

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.

GOVERNMENT GRANTS
A grant that does not impose specified future performance-related conditions on the recipient is recognised in income when the grant proceeds are received or receivable. A grant that imposes specified future performance-related conditions on the recipient is recognised in income only when the performance-related conditions are met.

FINANCIAL INSTRUMENTS
Cash
Cash and cash equivalents comprise cash on hand and call deposits, and other short term high liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade Debtors
Trade debtors are amounts due from customers for the sale of goods and services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price and represent the full value of the goods and services charged to customers, including any amounts charged on for third parties.

Trade Creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.
Accounts payable are classified as current liabilities if the company does not have conditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date they are represented as non current liabilities.

Borrowings
Interest bearing borrowings are initially recorded at fair value, net of transaction costs. Interest bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the statement of financial activities over the period of the relevant borrowing.

Provisions and contingencies
Provisions are recognised when the company has a present legal or constructive obligation as a result of past events; it is probable that an outflow of resources will be required to settle the obligation; and the amount of the obligation can be estimated reliably.

GOING CONCERN
The financial statements have been prepared on a going concern basis. The Trustees have assessed the charity's ability to continue as a going concern and has reasonable expectation that it has adequate resources to continue in operational existence for the foreseeable future.

GATEHOUSE OF FLEET YMCA

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


3. DONATIONS AND LEGACIES
2024 2023
£    £   
Donations 815 2,765

4. OTHER TRADING ACTIVITIES
2024 2023
£    £   
Shop income 34,403 38,590

5. INVESTMENT INCOME
2024 2023
£    £   
Deposit account interest 984 291

6. INCOME FROM CHARITABLE ACTIVITIES
2024 2023
Activity £    £   
Supporters club Youth Activities 1,230 1,528
Gift Aid tax recovered Youth Activities - 412
Grants Youth Activities 19,435 9,899
Subscriptions Youth Activities 288 -
20,953 11,839

7. NET INCOME/(EXPENDITURE)

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

2024 2023
£    £   
Depreciation - owned assets 1,059 939

8. 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.



GATEHOUSE OF FLEET YMCA

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


9. STAFF COSTS

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

2024 2023
Managerial & support - part time 3 3

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

10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 2,465 300 2,765

Charitable activities
Youth Activities 1,940 9,899 11,839

Other trading activities 38,590 - 38,590
Investment income 291 - 291
Total 43,286 10,199 53,485

EXPENDITURE ON
Raising funds 6,262 (1 ) 6,261

Charitable activities
Youth Activities 33,501 10,104 43,605

Other 1,550 - 1,550
Total 41,313 10,103 51,416

NET INCOME 1,973 96 2,069
Transfers between funds (350 ) 350 -
Net movement in funds 1,623 446 2,069

RECONCILIATION OF FUNDS
Total funds brought forward 112,254 100,895 213,149

TOTAL FUNDS CARRIED FORWARD 113,877 101,341 215,218


GATEHOUSE OF FLEET YMCA

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


11. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Office
property fittings Equipment Totals
£    £    £    £   
COST
At 1 April 2023 143,468 22,606 14,102 180,176
Additions - - 600 600
At 31 March 2024 143,468 22,606 14,702 180,776
DEPRECIATION
At 1 April 2023 - 20,410 12,841 33,251
Charge for year - 549 510 1,059
At 31 March 2024 - 20,959 13,351 34,310
NET BOOK VALUE
At 31 March 2024 143,468 1,647 1,351 146,466
At 31 March 2023 143,468 2,196 1,261 146,925

12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 412
Prepayments 1,764 3,193
1,764 3,605

13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 248 248
Accrued expenses 1,500 1,550
1,748 1,798


GATEHOUSE OF FLEET YMCA

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


14. MOVEMENT IN FUNDS
Net
movement At
At 1.4.23 in funds 31.3.24
£    £    £   
Unrestricted funds
General fund 113,877 (1,015 ) 112,862

Restricted funds
Big Lottery Fund - Capital 72,249 - 72,249
Scottish Executive - Shop 24,000 - 24,000
Youth Activities and Events 2,238 (298 ) 1,940
Holywood Grant 120 8,561 8,681
D&G Grant Youths back to work 1,704 - 1,704
Employment Funding 602 - 602
10,000 Voices 428 (134 ) 294
Youth Scotland Rural Action - 193 193
101,341 8,322 109,663
TOTAL FUNDS 215,218 7,307 222,525

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 37,520 (38,535 ) (1,015 )

Restricted funds
Youth Activities and Events 200 (498 ) (298 )
Holywood Grant 17,587 (9,026 ) 8,561
10,000 Voices - (134 ) (134 )
Amazing Summer 513 (513 ) -
Youth Cafe 650 (650 ) -
Youth Scotland Rural Action 685 (492 ) 193
19,635 (11,313 ) 8,322
TOTAL FUNDS 57,155 (49,848 ) 7,307


GATEHOUSE OF FLEET YMCA

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


14. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net Transfers
movement between At
At 1.4.22 in funds funds 31.3.23
£    £    £    £   
Unrestricted funds
General fund 112,254 1,973 (350 ) 113,877

Restricted funds
Big Lottery Fund - Capital 72,249 - - 72,249
Scottish Executive - Shop 24,000 - - 24,000
Youth Activities and Events 2,220 18 - 2,238
Holywood Grant 120 (350 ) 350 120
D&G Grant Youths back to work 1,704 - - 1,704
Employment Funding 602 - - 602
10,000 Voices - 428 - 428
100,895 96 350 101,341
TOTAL FUNDS 213,149 2,069 - 215,218

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

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 43,286 (41,313 ) 1,973

Restricted funds
Youth Activities and Events 300 (282 ) 18
Holywood Grant 8,966 (9,316 ) (350 )
10,000 Voices 933 (505 ) 428
10,199 (10,103 ) 96
TOTAL FUNDS 53,485 (51,416 ) 2,069

Purpose of Restricted Funds:

Big Lottery Fund - Capital - for the capital cost of the property used as the drop in centre at 5 Digby Street, Gatehouse of Fleet.

Scottish Executive - Shop - to assist with the acquisition of the property used as the charity shop at 49 High Street, Gatehouse of Fleet.

Holywood Trust - to assist in funding the employment of an Assistant Youth Co-ordinator and asset purchases.

10,000 Voices - to help fund the After-School Cafe project.

D & G Youths back to Work - to help young people into the workplace.


GATEHOUSE OF FLEET YMCA

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


14. MOVEMENT IN FUNDS - continued

Youth Activities and Events - funding provided to enable young people to take part in activities and events.

Employment Fund - grants provided to help enable the YMCA to employ staff.

Amazing Summer - funding from Dumfries & Galloway Council towards summer activities. This was fully spent in the year.

Youth Cafe - funding from Tesco towards the running costs of the cafe. This was fully spent in the year.

Youth Scotland Rural Action - monies from the Youth Scotland Rural Action fund towards the cost of a Chill Zone where the young people can unwind and escape the noise of the downstairs activities.

15. EMPLOYEE BENEFIT OBLIGATIONS

The charitable company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. Contributions paid to the scheme during the year amounted to £639 (2023: £729). There were no outstanding or prepaid contributions the balance sheet date.

16. RELATED PARTY DISCLOSURES

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

17. ULTIMATE CONTROLLING PARTY

The charitable company is controlled by its trustees as detailed in the Trustees' Report.

18. AMOUNTS RAISED FOR OTHER CHARITIES

£248.06 was fund raised for Yorkhill Charity during the year ended 31 March 2022. This is still to be paid over to them and thus is held within other creditors at the year end.