REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements for the Year Ended 31 December 2022 |
for |
Barra Children's Centre |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements for the Year Ended 31 December 2022 |
for |
Barra Children's Centre |
Barra Children's Centre |
Contents of the Financial Statements |
for the Year Ended 31 December 2022 |
Page |
Report of the Trustees | 1 | to | 3 |
Independent Examiner's Report | 4 |
Statement of Financial Activities | 5 |
Balance Sheet | 6 |
Notes to the Financial Statements | 7 | to | 18 |
Barra Children's Centre (Registered number: SC196854) |
Report of the Trustees |
for the Year Ended 31 December 2022 |
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 December 2022. 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 principal activity of the charity in the year under review was that of the advancement of education and recreational play for children under 16 years of age by promoting, developing, providing and operating both pre-school educational facilities and facilities in a community centre for children, their parents and carers living in or otherwise connected with the area of Barra. |
Our aims during the year were: |
- | Help to alleviate the effects of rural isolation and economic hardship within our community. |
- | Increase opportunities and choices for local children aged 0-11 years. |
- | Increase opportunities for social interaction and peer support. |
- | Promote and support the health and wellbeing of local children |
- | Promote and support the use of Gaelic language within families. |
- | Provide volunteering and leadership opportunities for young people and adults. |
- | Support parents as first educators of their children and provide opportunities for families to learn together. |
Our work with pre-school families and children aged 0-11 promotes GIRFEC principles, supporting children to be Safe, Healthy, Included, Nurtured, Active, Achieving, Respected and Responsible through: support for parents; active and engaging play; volunteering opportunities; and meaningful consultation. Our services and development plans are directed by needs identified by local parents and children to address gaps in local provision and in response to local circumstances.. |
ACHIEVEMENT AND PERFORMANCE |
Charitable activities |
2022 was a positive year for Barra Children's Centre. We continued to improve and expand the services the Charity delivers. |
As always our activities included indoor and outdoor experiences for 0-12yrs and their families. The majority of play sessions took place during term time but we also delivered a variety of services throughout the holidays. |
Activities included Primary Youth Club, Tots Football, Gymnastics, Halloween and Christmas themed events, Fun Days, Baby Massage, Movie Nights, Bookbug and many more. |
We continued to build upon local contacts and worked closely with a variety of groups to ensure we operate the best we can to assist local families and provide them with a voice. Partnership working included local Third Sector groups, NHSWI, Citizen's Advice Bureau, Carbon Neutral Island, Food Bank, CNES, UHI. And DYW. |
BBC Children In Need, The Robertson Trust and CORRA along with the Scottish Government all provided grant assistance to support the running of the charity as well as several local funding bodies. |
The aims of the charity remained the same throughout 2022 but with a heightened focus on where we could assist local families further during the rise of the UK's Cost of Living Crisis. This is ongoing with projects in development for 2023 to alleviate some of the impact fuel and food poverty are having on Barra and Vatersay children and their families. |
FINANCIAL REVIEW |
Principal funding sources |
The charity derives it principal funding from grants and donations. |
Grants in the year were received from: |
- The Corra Foundation |
- The Robertson's Trust |
- BBC Children in Need |
- Bord na Gaidhlig |
- Western Isles Development Trust |
- Caledonian MacBrayne |
- MOWI Scotland |
Barra Children's Centre (Registered number: SC196854) |
Report of the Trustees |
for the Year Ended 31 December 2022 |
FINANCIAL REVIEW |
Reserves policy |
The trustees have examined the requirement for free reserves which are those unrestricted funds not invested in fixed assets, designated for specific purposes or otherwise committed, and consider that the company should maintain sufficient free reserves to fund at least three months operations. |
As indicated in the accompanying balance sheet, free reserves stood at £11,037 (2021 - £8,834). The trustees consider this adequate to continue operations for the foreseeable future. |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Constitution |
The charity is controlled by its governing document, a memorandum of association which constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
Recruitment and appointment of new trustees |
Trustees are appointed by ordinary resolution at general meetings and may at any time appoint a member, provided that they are wiling, to fill a vacancy or as an additional trustee until the next annual general meeting. |
Organisational structure |
Members are admitted at the discretion of the trustees and each have equal voting rights, subject to the terms of the articles of association. |
The day-to-day affairs of the company are delegated to the Development Manager. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Registered office |
Trustees |
Independent Examiner |
Campbell Stewart MacLennan & Co |
Chartered Accountants |
Unit 3, Broom Place |
Portree |
Highland |
IV51 9HL |
Bankers |
The Royal Bank of Scotland plc |
Castlebay |
Isle of Barra |
HS9 5XA |
STATEMENT OF TRUSTEES' RESPONSIBILITIES |
The trustees (who are also the directors of Barra Children's Centre 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). |
Barra Children's Centre (Registered number: SC196854) |
Report of the Trustees |
for the Year Ended 31 December 2022 |
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. |
Approved by order of the board of trustees on |
Independent Examiner's Report to the Trustees of |
Barra Children's Centre (Registered number: SC196854) |
I report on the accounts for the year ended 31 December 2022 set out on pages five to eighteen. |
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. |
Faye MacLeod CA |
The Institute of Chartered Accountants of Scotland |
Campbell Stewart MacLennan & Co |
Chartered Accountants |
Unit 3, Broom Place |
Portree |
Highland |
IV51 9HL |
25 September 2023 |
Barra Children's Centre |
Statement of Financial Activities |
(Incorporating an Income and Expenditure Account) |
for the Year Ended 31 December 2022 |
31/12/22 | 31/12/21 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
as restated |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Charitable activities |
Youth Club | 795 | 11,328 | 12,123 | 2,030 |
Development Manager | - | 21,450 | 21,450 | 12,000 |
Investment income | 2 |
Total |
EXPENDITURE ON |
Raising funds |
Charitable activities |
Youth Club | 229 | 4,921 | 5,150 | 2,597 |
Development Manager | - | - | - | 18,897 |
Depreciation | 32,370 | 150 | 32,520 | 32,614 |
Total |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) | ( |
) | ( |
) |
Transfers between funds | 13 | 2,965 | (2,965 | ) | - | - |
Net movement in funds | ( |
) | ( |
) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward |
As previously reported |
Prior year adjustment | 7 |
As restated |
TOTAL FUNDS CARRIED FORWARD | 187,623 |
Barra Children's Centre (Registered number: SC196854) |
Balance Sheet |
31 December 2022 |
31/12/22 | 31/12/21 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
as restated |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 9 |
CURRENT ASSETS |
Debtors | 10 |
Prepayments and accrued income |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 11 | ( |
) | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
NET ASSETS |
FUNDS | 13 |
Unrestricted funds | 154,346 |
Restricted funds | 33,277 |
TOTAL FUNDS | 187,623 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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. |
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 |
Barra Children's Centre |
Notes to the Financial Statements |
for the Year Ended 31 December 2022 |
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. |
Financial reporting standard 102 - reduced disclosure exemptions |
The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland': |
• | the requirements of Section 7 Statement of Cash Flows. |
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. |
Gifts in kind are recognised in the SOFA at a reasonable estimate of their gross value to the charity. |
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. |
Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
Long leasehold - 4% & 8% on cost |
Plant and machinery - 20% on reducing balance |
Fixtures and fittings - at variable rates on reducing balance |
Computer equipment - 25% on reducing balance |
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. Designated funds are unrestricted funds set aside for a particular purpose by 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. |
Operating leases |
Rental due under operating leases is charged to the Statement of Financial Activities when incurred. Operating lease commitments at the balance sheet date are disclosed in the notes to the financial statements. |
Barra Children's Centre |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2022 |
2. | INVESTMENT INCOME |
31/12/22 | 31/12/21 |
as restated |
£ | £ |
Rents received |
3. | NET INCOME/(EXPENDITURE) |
Net income/(expenditure) is stated after charging/(crediting): |
31/12/22 | 31/12/21 |
as restated |
£ | £ |
Depreciation - owned assets |
4. | TRUSTEES' REMUNERATION AND BENEFITS |
No trustees recieved any remuneration or benefits during the year or in the comparative period. |
Trustees' expenses |
No trustees recieved any expenses during the year or in the comparative period. |
5. | STAFF COSTS |
31/12/22 | 31/12/21 |
as restated |
£ | £ |
Wages and salaries |
Other pension costs |
25,579 | 26,237 |
The charity's day to day affairs are delegated to the Development Manager. During the year, the total remuneration paid for this position was £17,633 (2021 - £17,944) with employer pension contributions totalling £342 (2021 - £315). |
The average monthly number of employees during the year was as follows: |
31/12/22 | 31/12/21 |
as restated |
Accounts Administrator - part time | 1 | 1 |
Cleaner - part time | 1 | 1 |
Development Manager - part time | 1 | 1 |
6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted | Restricted | Total |
funds | funds | funds |
as restated |
£ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Charitable activities |
Youth Club | 30 | 2,000 | 2,030 |
Development Manager | - | 12,000 | 12,000 |
Investment income |
Barra Children's Centre |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2022 |
6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
Unrestricted | Restricted | Total |
funds | funds | funds |
as restated |
£ | £ | £ |
Total |
EXPENDITURE ON |
Raising funds |
Charitable activities |
Youth Club | 267 | 2,330 | 2,597 |
Development Manager | 638 | 18,259 | 18,897 |
Depreciation | 32,083 | 531 | 32,614 |
Total |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) | ( |
) |
Transfers between funds | 9,105 | (9,105 | ) | - |
Net movement in funds | ( |
) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward | 182,714 | 52,673 |
TOTAL FUNDS CARRIED FORWARD | 154,346 | 33,277 | 187,623 |
7. | PRIOR YEAR ADJUSTMENT |
During the year, it was found that a grant totalling £2,000 from Caledonian MacBrayne should have been recognised in the prior year. As such, a prior year adjustment has been made to reflect this. |
8. | EXTERNAL SCRUTINY |
Year ended | Year ended |
31/12/22 | 31/12/21 |
£ | £ |
Quickbooks set-up, training and subscription fees | 305 | 311 |
Amounts paid to Independent Examiner in respect of: |
Independent examination | 1,638 | 1,560 |
Accounts preparation and other services | 1,638 | 1,560 |
3,581 | 3,431 |
Barra Children's Centre |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2022 |
9. | TANGIBLE FIXED ASSETS |
Long | Plant and |
Extension | leasehold | machinery |
£ | £ | £ |
COST |
At 1 January 2022 |
Additions |
At 31 December 2022 |
DEPRECIATION |
At 1 January 2022 |
Charge for year |
At 31 December 2022 |
NET BOOK VALUE |
At 31 December 2022 |
At 31 December 2021 |
Fixtures |
and | Computer |
fittings | equipment | Totals |
£ | £ | £ |
COST |
At 1 January 2022 |
Additions |
At 31 December 2022 |
DEPRECIATION |
At 1 January 2022 |
Charge for year |
At 31 December 2022 |
NET BOOK VALUE |
At 31 December 2022 |
At 31 December 2021 |
10. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/12/22 | 31/12/21 |
as restated |
£ | £ |
Other debtors |
Barra Children's Centre |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2022 |
11. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31/12/22 | 31/12/21 |
as restated |
£ | £ |
Social security and other taxes |
Other creditors |
Deferred income |
Accrued expenses |
12. | LEASING AGREEMENTS |
Minimum lease payments under non-cancellable operating leases fall due as follows: |
31/12/22 | 31/12/21 |
as restated |
£ | £ |
Within one year |
Between one and five years |
In previous years, the operating lease payments for the lease of land from CNES on which the charity's centre is located has been provided as an in-kind contribution. |
Barra Children's Centre |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2022 |
13. | MOVEMENT IN FUNDS |
Prior | Net | Transfers |
year | movement | between | At |
At 1.1.22 | adjustment | in funds | funds | 31.12.22 |
£ | £ | £ | £ | £ |
Unrestricted funds |
General fund | 8,833 | - | 2,832 | (628 | ) | 11,037 |
Designated fund: childrens centre building and equipment |
81,221 |
- |
(18,086 |
) |
3,593 |
66,728 |
Designated fund: extension |
64,292 |
- |
(14,284 |
) |
- |
50,008 |
- | (29,538 | ) |
Restricted funds |
Clann Trang - toddler group |
2,175 |
- |
(2,175 |
) |
- |
- |
Play Ranger | 2,533 | - | (536 | ) | - | 1,997 |
Youth Club - BBC | 5,644 | - | 2,119 | - | 7,763 |
Robertson Trust - Development manager |
- |
- |
9,000 |
- |
9,000 |
The Corra Foundation - Development manager |
10,508 |
- |
(10,508 |
) |
- |
- |
Inspiring Scotland - Holiday club |
5,134 |
- |
(1,587 |
) |
- |
3,547 |
Youth Scotland | 750 | - | - | - | 750 |
National Lottery Community Fund - playroom upgrade |
2,400 |
- |
(568 |
) |
(1,832 |
) |
- |
Corra Foundation COVID-19 fund |
1,133 |
- |
- |
(1,133 |
) |
- |
Barra & Vatersay Community Ltd - Outdoor Tent |
1,000 |
- |
(150 |
) |
- |
850 |
CalMac - Water Safety Sessions |
- |
2,000 |
- |
- |
2,000 |
Bord na Gaidhlig | - | - | 1,440 | - | 1,440 |
WIDT - Summer Art Classes |
- |
- |
1,700 |
- |
1,700 |
2,000 | (1,265 | ) | ( |
) |
TOTAL FUNDS | 2,000 | (30,803 | ) | 156,820 |
Barra Children's Centre |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2022 |
13. | 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 | 22,031 | (19,199 | ) | 2,832 |
Designated fund: childrens centre building and equipment |
- |
(18,086 |
) |
(18,086 |
) |
Designated fund: extension | - | (14,284 | ) | (14,284 | ) |
( |
) | (29,538 | ) |
Restricted funds |
Clann Trang - toddler group | - | (2,175 | ) | (2,175 | ) |
Play Ranger | - | (536 | ) | (536 | ) |
Youth Club - BBC | 9,628 | (7,509 | ) | 2,119 |
Robertson Trust - Development manager |
9,000 |
- |
9,000 |
The Corra Foundation - Development manager |
12,450 |
(22,958 |
) |
(10,508 |
) |
Inspiring Scotland - Holiday club | - | (1,587 | ) | (1,587 | ) |
National Lottery Community Fund - playroom upgrade |
- |
(568 |
) |
(568 |
) |
British Science Week | 500 | (500 | ) | - |
Barra & Vatersay Community Ltd - Outdoor Tent |
- |
(150 |
) |
(150 |
) |
WIDT - Youth Summer Activities Fund | 600 | (600 | ) | - |
Bord na Gaidhlig | 1,440 | - | 1,440 |
WIDT - Summer Art Classes | 1,700 | - | 1,700 |
( |
) | (1,265 | ) |
TOTAL FUNDS | ( |
) | (30,803 | ) |
Barra Children's Centre |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2022 |
13. | MOVEMENT IN FUNDS - continued |
Comparatives for movement in funds |
Net | Transfers |
movement | between | At |
At 1.1.21 | in funds | funds | 31.12.21 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 13,757 | (4,444 | ) | (477 | ) | 8,836 |
Designated fund: childrens centre building and equipment |
90,384 |
(18,748 |
) |
9,582 |
81,218 |
Designated fund: extension | 78,573 | (14,281 | ) | - | 64,292 |
182,714 | (37,473 | ) | 9,105 | 154,346 |
Restricted funds |
Clann Trang - toddler group | 1,823 | - | 352 | 2,175 |
Play Ranger | 2,689 | - | (156 | ) | 2,533 |
Maternal & infant nutrition budget | (170 | ) | 170 | - | - |
Youth Club - BBC | 9,260 | (2,749 | ) | (867 | ) | 5,644 |
Born to Play | 208 | - | (208 | ) | - |
Bank of Scotland Foundation | 205 | - | (205 | ) | - |
Co-operative local fund | 3,565 | - | (3,565 | ) | - |
Western Isles Development Trust | 3,252 | - | (3,252 | ) | - |
Technology for parents | 176 | - | (176 | ) | - |
The Corra Foundation - Development manager |
17,739 |
(7,231 |
) |
- |
10,508 |
CNES heat pump contribution | 1,028 | - | (1,028 | ) | - |
Inspiring Scotland - Holiday club | 5,134 | - | - | 5,134 |
Youth Scotland | 750 | - | - | 750 |
National Lottery Community Fund - playroom upgrade |
4,620 |
(2,220 |
) |
- |
2,400 |
Corra Foundation COVID-19 fund | 1,607 | (474 | ) | - | 1,133 |
NHS Western Isles Fund | 650 | (650 | ) | - | - |
Playroom upgrade donations | 137 | (137 | ) | - | - |
Barra & Vatersay Community Ltd - Outdoor Tent |
- |
1,000 |
- |
1,000 |
CalMac - Water Safety Sessions | - | 2,000 | - | 2,000 |
52,673 | (10,291 | ) | (9,105 | ) | 33,277 |
TOTAL FUNDS | 235,387 | (47,764 | ) | - | 187,623 |
Barra Children's Centre |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2022 |
13. | 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 | 20,571 | (25,015 | ) | (4,444 | ) |
Designated fund: childrens centre building and equipment |
- |
(18,748 |
) |
(18,748 |
) |
Designated fund: extension | - | (14,281 | ) | (14,281 | ) |
20,571 | (58,044 | ) | (37,473 | ) |
Restricted funds |
Maternal & infant nutrition budget | - | 170 | 170 |
Youth Club - BBC | - | (2,749 | ) | (2,749 | ) |
The Corra Foundation - Development manager |
12,001 |
(19,232 |
) |
(7,231 |
) |
National Lottery Community Fund - playroom upgrade |
- |
(2,220 |
) |
(2,220 |
) |
Corra Foundation COVID-19 fund | - | (474 | ) | (474 | ) |
NHS Western Isles Fund | - | (650 | ) | (650 | ) |
Playroom upgrade donations | - | (137 | ) | (137 | ) |
Barra & Vatersay Community Ltd - Outdoor Tent |
1,000 |
- |
1,000 |
CalMac - Water Safety Sessions | 2,000 | - | 2,000 |
15,001 | (25,292 | ) | (10,291 | ) |
TOTAL FUNDS | 35,572 | (83,336 | ) | (47,764 | ) |
Barra Children's Centre |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2022 |
13. | MOVEMENT IN FUNDS - continued |
A current year 12 months and prior year 12 months combined position is as follows: |
Prior | Net | Transfers |
year | movement | between | At |
At 1.1.21 | adjustment | in funds | funds | 31.12.22 |
£ | £ | £ | £ | £ |
Unrestricted funds |
General fund | 13,757 | - | (1,612 | ) | (1,105 | ) | 11,040 |
Designated fund: childrens centre building and equipment |
90,384 |
- |
(36,834 |
) |
13,175 |
66,725 |
Designated fund: extension |
78,573 |
- |
(28,565 |
) |
- |
50,008 |
182,714 | - | (67,011 | ) | 12,070 | 127,773 |
Restricted funds |
Clann Trang - toddler group |
1,823 |
- |
(2,175 |
) |
352 |
- |
Play Ranger | 2,689 | - | (536 | ) | (156 | ) | 1,997 |
Maternal & infant nutrition budget |
(170 |
) |
- |
170 |
- |
- |
Youth Club - BBC | 9,260 | - | (630 | ) | (867 | ) | 7,763 |
Robertson Trust - Development manager |
- |
- |
9,000 |
- |
9,000 |
Born to Play | 208 | - | - | (208 | ) | - |
Bank of Scotland Foundation |
205 |
- |
- |
(205 |
) |
- |
Co-operative local fund | 3,565 | - | - | (3,565 | ) | - |
Western Isles Development Trust |
3,252 |
- |
- |
(3,252 |
) |
- |
Technology for parents | 176 | - | - | (176 | ) | - |
The Corra Foundation - Development manager |
17,739 |
- |
(17,739 |
) |
- |
- |
CNES heat pump contribution |
1,028 |
- |
- |
(1,028 |
) |
- |
Inspiring Scotland - Holiday club |
5,134 |
- |
(1,587 |
) |
- |
3,547 |
Youth Scotland | 750 | - | - | - | 750 |
National Lottery Community Fund - playroom upgrade |
4,620 |
- |
(2,788 |
) |
(1,832 |
) |
- |
Corra Foundation COVID-19 fund |
1,607 |
- |
(474 |
) |
(1,133 |
) |
- |
NHS Western Isles Fund | 650 | - | (650 | ) | - | - |
Playroom upgrade donations |
137 |
- |
(137 |
) |
- |
- |
Barra & Vatersay Community Ltd - Outdoor Tent |
- |
- |
850 |
- |
850 |
CalMac - Water Safety Sessions |
- |
2,000 |
2,000 |
- |
4,000 |
Bord na Gaidhlig | - | - | 1,440 | - | 1,440 |
WIDT - Summer Art Classes |
- |
- |
1,700 |
- |
1,700 |
52,673 | 2,000 | (11,556 | ) | (12,070 | ) | 31,047 |
TOTAL FUNDS | 235,387 | 2,000 | (78,567 | ) | - | 158,820 |
Barra Children's Centre |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2022 |
13. | 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 | 42,602 | (44,214 | ) | (1,612 | ) |
Designated fund: childrens centre building and equipment |
- |
(36,834 |
) |
(36,834 |
) |
Designated fund: extension | - | (28,565 | ) | (28,565 | ) |
42,602 | (109,613 | ) | (67,011 | ) |
Restricted funds |
Clann Trang - toddler group | - | (2,175 | ) | (2,175 | ) |
Play Ranger | - | (536 | ) | (536 | ) |
Maternal & infant nutrition budget | - | 170 | 170 |
Youth Club - BBC | 9,628 | (10,258 | ) | (630 | ) |
Robertson Trust - Development manager |
9,000 |
- |
9,000 |
The Corra Foundation - Development manager |
24,451 |
(42,190 |
) |
(17,739 |
) |
Inspiring Scotland - Holiday club | - | (1,587 | ) | (1,587 | ) |
National Lottery Community Fund - playroom upgrade |
- |
(2,788 |
) |
(2,788 |
) |
Corra Foundation COVID-19 fund | - | (474 | ) | (474 | ) |
NHS Western Isles Fund | - | (650 | ) | (650 | ) |
Playroom upgrade donations | - | (137 | ) | (137 | ) |
British Science Week | 500 | (500 | ) | - |
Barra & Vatersay Community Ltd - Outdoor Tent |
1,000 |
(150 |
) |
850 |
CalMac - Water Safety Sessions | 2,000 | - | 2,000 |
WIDT - Youth Summer Activities Fund | 600 | (600 | ) | - |
Bord na Gaidhlig | 1,440 | - | 1,440 |
WIDT - Summer Art Classes | 1,700 | - | 1,700 |
50,319 | (61,875 | ) | (11,556 | ) |
TOTAL FUNDS | 92,921 | (171,488 | ) | (78,567 | ) |
The charity's restricted funds have been provided for the following purpose: |
Restricted fund | Purpose |
Clann Trang - toddler group | A gaelic toddler group. These funds were fully expended in the year. |
Youth Club - BBC | Towards the costs of operating a youth club and part-funding the accounts administrator position. This project was on going at the year end. |
Robertson's Trust - Development manager |
Toward the costs of the Development Manager position. This project was on going at the year end. |
Corra Foundation - Development manager |
A development manager position and other positions at the centre. This project was on going at the year end. |
Inspiring Scotland - Holiday club | Towards the costs of running activities during the school holidays. This project was on going at the year end. |
Youth Scotland | Towards the costs of the youth club STEM project. This project was on going at the year end. |
Barra Children's Centre |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2022 |
13. | MOVEMENT IN FUNDS - continued |
National Lottery Community Fund - Playroom upgrade |
Towards changes to the play space at the Centre. These funds were carried forward as fixed assets and transferred to a designated fund in the year. |
Corra Foundation COVID-19 Fund | Provided to the charity in response to the COVID-19 pandemic. These funds were carried forward as fixed assets and transferred to a designated fund in the year. |
British Science Week | These funds were provided to run an event during British Science Week. The funds were fully expended in the year. |
Barra & Vatersay Community Ltd - Outdoor Tent |
Provided by Barra & Vatersay Community Ltd, for the purchase of a tent for outdoor activities. These funds were fully expended in the year and carried forward as fixed assets. |
CalMac - Water Safety Sessions | Provided by Caledonian MacBrayne, these funds are to cover hire and promotional costs for water safety sessions. These funds will be spent in the following financial year. |
WIDT - Youth Summer Activities Fund |
Provided by the Western Isles Development Trust, these funds were used to put on summer pottery classes for children. These funds were fully expended in the year. |
Bord na Gaidhlig | Provided by Bord na Gaidhlig to fund the position of a gaelic Play Leader. These funds will be spent once the position has been filled. This project was on going at the year end. |
WIDT - Summer Art Classes | Provided by the Western Isles Development Trust, these funds are for summer art classes in 2023. |
Transfers between funds |
Restricted funds provided for the purchase of fixed assets, that have been expended in accordance with the conditions imposed have been to transferred to an unrestricted designated fund. |
As such, during the year, £1,133 of fixed assets from the restricted Corra Covid-19 fund were transferred to unrestricted designated funds. |
Similarly, £1,832 of fixed assets from the restricted National Lottery Community Fund - playroom upgrade fund were transferred to unrestricted designated funds. |
In addition, £628 of fixed assets from the unrestricted fund were transferred to unrestricted designated funds. |
14. | RELATED PARTY DISCLOSURES |
15. | ULTIMATE CONTROLLING PARTY |
The company is limited by guarantee and is controlled by its board of directors. |