MADE4UINML2 Annual Report & Accounts 2019-2020
MADE4UINML2 Annual Report 2019-2020 (YEAR ended 31 March 2020). Please feel free to have a read of our activities throughout this year, and a sneak peak into future years' work also. Our Annual accounts are at the end of this document, in abbreviated form. If you would like the full version of these, please do get in contact. contact@made4uinml2.com
MADE4UINML2 Annual Report 2019-2020 (YEAR ended 31 March 2020). Please feel free to have a read of our activities throughout this year, and a sneak peak into future years' work also. Our Annual accounts are at the end of this document, in abbreviated form. If you would like the full version of these, please do get in contact. contact@made4uinml2.com
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MADE4U IN ML2
Notes to the Financial Statements - continued
for the Year Ended 31 March 2020
15. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement in
resources expended funds
£ £ £
Unrestricted funds
General fund 38,531 (53,534) (15,003)
Provident Financial - (11,447) (11,447)
38,531 (64,981) (26,450)
Restricted funds
SCVO for Community Jobs Scotland 4,395 (4,395) -
North Lanarkshire Council 18,802 (18,802) -
Support of project manager and staff 14,000 (14,000) -
37,197 (37,197) -
TOTAL FUNDS 75,728 (102,178 ) (26,450)
Description of funds
Unrestricted Funds
The general fund is the surplus of general income over general expenditure and is available for any of the purposes
of the charity.
The restricted funds are as follows:
SCVO for Community Jobs Scotland
Funding was received under the Community Jobs Scotland (CJS) scheme in partnership with SCVO to employ 1
young worker.
North Lanarkshire Council
A single source grant is received from North Lanarkshire Council to contribute towards the cost of employing the
charity's youth worker and other staff costs.
Support of Project Manager and Staff
Donations were received for the purpose of paying staff salaries.
16. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2020.
17. APB ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES
In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to
the tax authorities and assist with the preparation of the financial statements.
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