piestonfleld & Dlstrfct Nelghbourhood workeys Projoct ottlsh Chartty No, SC007869 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCII 2025
PREsfoNFIELD & DISTrICT f4EIGHBOURHOOD WORKERS PROJECT Report of the Tle85 For the year eNleil 31 MarEh 2025 The trustees present thelr report with the financial statements of the Company for the year ended 31 Marth 2025. Roference and Admln15tratlve Detall8 Chorjty number.. SCOC7869 Reglstered O]flce.- Accounttints Helen Lowe Ltd, 17-21 East Mayfield. Edlnburgh, EH9 15E Banke." Bank of Scotland Trustees.. The trustees servlng durlng the year and since the year*nd were as follows..
PRESTONFIELD & DisTricf NEIGHBOURHOOD WORKERS PROJECT Report of the Trustees For the year ended 31 Mar¢h 2025 The Trustees present their ?nnual r•port and financial statement5 Qf the charliy for theyear to 31 March 2025. The financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts1Swtlandl Regulations 2006 (as amended} and Accountlng and Reporttn8 by Ch8rltles: Statement of Recommend Practice appllcable io charities preparlng their accounts In accordance wlth the Statement of Recommended Practice. Objectlves and ActTvltles The object of the charity is to promote the benefit of the community of South CdlnburEh and more partlcularly of the elderly In the Prestonfleld area of the dty through the provlslon and operation of facllltles requlred for the purpose of social welfare. lelsure, recreatlon and education 50 that the condltion of life for the sald communlty are Improved. Athlevemonts and Performan¢e Prestonfield Nelghbourhood project Is a community-basecl charlty has contlnued to provide a plethora of services to older people In the 5oLrth of Edlnburgh. The Charfty alms to provide a safe, supportlve and stlmulatln8envlronment fcr older adults with ourfocus femainin8 on promotlng SndeperKlence. reducin8 social isolation and enhanclng the wellbeln8 of our members. Key athlovements Durlng the year the Centre remalned open S days per week, providlng servlces to an average of 50 people each week resultin8 in over 2500 vlslts ower the year. AcL'lvltles included: Sodal Actlvities- Our drop In community Catch up café, opens each Monday providing a safe and warm place to come along have a hot drink and have Some company. Durlng the wlnter months provlding a wann space, offerlng free hot drlnks and soup., The "happv Feet" footcare servlce has contlnued operate 3 days per week and Is open ¢lty wide, the servlce has remalned very popular gnd much nceded servi* for older people. Our popular programmes of actlvlties Include music therapy, gentle exerclses. remlnlsclng sessions and weather pennlttlng tlme In the Centre Garden. Our members also enjoyed a day trlp on the Ratho barges, hosted a themed day, under the sea" wlth fish and chlps for lunch and Ilve entertainment, 12 weel<s of mlndfulness sessions, Advlce sesslons on Income maxlmlsatlon and scams, and the very popular Chrlstmas party wlth entertalnfftent from Ilve band The Project Partnered wlth the local prlmary school and nursery to deliver intergeneratlonal activitros that foster social connectlons. We We Supported In some of the actlvltles above by aty of Edlnburgh Counal, Age Scotland. Lcil, Camerohtoll Shoppin8 Centre, William Mann foundation, Friends of Prestonfield and Individual donations Some we were able to claim 25% on donations from HMRC gift aid.
PRESTONFIELD & DISTRicf NEIGHBOURHOOD WORKERS PROJECT Report of the Trustees For the year ended 31 March 2025 Objertlves and Actlvitles (contlnued) Impact Feedback collected throuBh our yearly survey. user group. 6 monthly revlews reported Hlgh satisfactlon levels, highllghting feelings of Improved weSlbeing and reduced Isolation. Families and carers expressed gratitude for resplte and trusted relationshlps wlth staff, Staff and Volunteer development The trustees are pleased to report that Staff performan throughout 2024-2025 has been conslstently strong and allgned wlth the Projects values of care, respect and community. Desplte ongoing challcnges in the health and social Care sector and rislng operational costs. the staff team contlnuod to deliver a high standard ofseyvlce to all our members. With a supportlve Management group, and dedlcated staff we will contlnue to strive to'make a difference'for our older people in the communlty. Financlal Revlew The financlal statements follow on pages 7 to 14. These statements are prepared In terms of the Statement of Recomrnended Practice leffectlve 1st January 2015)- Accounting and Reportlng by Charltles. Total Income for the year was £170,675 (2024 £171,433) and total expendlture for the year was £242.953 12024 £216,529) resultlng In 3 deficit of £72,27812024 £45,096). Totsl funds held by Prestonfleld and OlstrSct Nelghbourhood Workers Project at 31 March 2025 were £322,500 (2024 £394,778), of whlch £50012024 £0} were held for speclflc purposes. Reserves policy The charlty had free reserves of £322,000 at 31 March 2025. The trustee's alm Is to bulld up reserves to a level, which Is sufflcient to: cover unantlclpated cost Increases or ii)come deficiencles provide a basis for firture capital investment
PRESTONFIELD & DISTRICT NEIGHBOURHOOD WORKERS PROJEcr Report of the Trustees For the year ended 31 March 2025 Refer•e and Adminlstratlve Details The Information relatlng to Prestonfleld & Dlstrlct Nelghbourhood Worl<ers Project Is contalned on page l. The trustees who Seed during the attountlng period and to the date of thls report are listed. Striirture Governance and Management Governing Document Prestonfield and Distrlct Nlelghbourhood Worl(ers Pi'ojoct is constltuted as a member's association wlth charltable status, rnanaged by a voluntary commlttee it is recognlsed as a charity in scotland under reference SC007869. Trustee recrultment Jnd appointment The charity Is manased by a voluntary Board of Trustees, elected annually from the wider membership. The Board cornprlses eight members, all of whom are resident or actlve in the Prestonfleld community. The Board is the ultimate decision-makin8 body of the char5ty, Trustees who Serve for more than three years have to have speclflc approval at the AGM. Trustee Inductlon and trolnlng New trustees are brlefed on thelr legal obligatlons under charlty law, the content of the Q)hStltutlon, the cornmittee and decision-making processes and the recent financlal performance of the charity. Orgonlsatlon The 8oird of Trustees admlnlsters the charlty and meets regularly throughout the year, Rlsk Management The trustees are satisfled that the Major rlsks to which the charlty Is exposed have been revlewed and procedures have been established to mana8e these rlsks, Statament of Trutt¢es responslbllltles Charlty law requlres the trustees to prepare flnanclal statements for each flnanclal year, whlch give a true and falr vlew of the state of affalrs of the ch?ritable organisatlon and of the incoming resources and appllcatlon of resources, Includin8 the Income and expendlture, of the charlty for that period. In preparlng those flnancial ststements, the trustees are required to Select sultable accountlng pollcles and then apply thern ¢onslstently; Observe the methods and prlnclples in the Charitles SORP; Make judgements and estimates that are reasonable and prudent; stste whether applicable UK Accounling Standards have been followed, subject to any materlal departLbres disclosed and explained iii the financial statements; Prepare the ftnancial statements on the going concern basis unless It Is in3ppropriate to presume that the charlty wlll contlnue buslness.
PRESTI)NFIELD & DISTRICT NEIGHBOURHOOD WORKERS PROJEcr Report of the Trustees For the year ended 31 March 2025 Statement of TÉeeS iesponslbllltle5 The trustees are responsible for keepii)g proper accounting records which d55close with reasonable arLuracy at any time the financial p051tlon of the charfty and to enable them to ensure that the financial statements comply with The Charltles and Trustee Investment. <Scotlandl Act 2005 and the Charitle5 Accounts15cotlandl Regulatlons 2006. They are also responslble for safeguarding the assets of the charity and hence for tskinB reasonable steps for the prevention and detection of fraud and other irregularltles. By Ord•r of the Boartl
PRESTONFIELD & DISTRicf NEIGHBOURHOOD WORKERS PROJEcr Independent Examlner'$ Report to the trustees For the year ended 31 Mor¢h 2025 l pOrt on the accounts of the charlty for the yearended 31 March 2025 which are set out on pages 7tol4. Respective responslbllttles of trustees and examlney The charlty's trustees are responsible forthe preparation of the accounts in accordance wlth the terms of the Charitles and Trustee Investment (Scotlandl Att 2005 and the Charltles Accounts (Scotland) Regulatlons 2006. The charity trustees consider that the audit requirement of Regulatlon 10 {11 (a) to {c} of the Accounts Regulations does not elpply. It Is my responsiblllty to examlne the accounts as requlred under section 4411) (c) of the Acl a nd to state wh@ther partitular mattor5 have corne to my attentlon. Basls of Independent examlnees statement My examlnallon Is carrled out in accordance wlth Regulation 11 of the Charltles Accounts (Scotland) Regulations 2006. An examlnatlon Includes a review of the accountln8 rewrds kept by the charlty and a comparlson of the accounts presented with those records, It also Includes conslderation of any unustsal items or disclosLires In the accountsand seeks explanations from the trustees concernlng any such matters. The procedures undertaken do not provlde all the evidence that would be requlreil In an audft and consequently, I do not express an audlt opSnlon on the vlew glven by the accounts. Independert examlnarfl statement In the course of my examination, no matter has come to my attentlon (l) whlch glves me reasonable cause to belleve that In any material respect the requlrerftents: . to keep accounting records In accordan wlth Section 44 (1) {al of the 2005 Act and Regulation 4 of 4 of the 2006 Accounts Regulations, and - to prepare accounts whlch accord wlth the accountlng rocords and comply with Regulatlon 8 of the 2006 Ar£ounts Re8ulations have not been met, or 12) to whSch, In my opSnion, attentlon should be drawn In order to enable a proper understanding of the accounts to be reathed. Helen Lowe Ltd Chartered Accountants 17-21 East Mayfleld Edlnbur8h EH9 ISE Dote I f*conber 2015
Prestonfield & Dlstrlct Neighbourhood Workers Project Statement of Financial Actlvltles (Incorpofating Income and Expendlture Account) For the year ended 31 Mah 2025 Unrestrlcted General Restrictèd Funds Funds Notes Totsl 2025 Total 2024 INCOME FROM: Donations Grants Re¢eivable Actlvites for generatlng funds Charltable actlvities Investment Income Other Income Total 2,362 1,000 45,491 73 917 loo 49,943 2,362 1,000 45,491 120,732 120,805 917 loo 120,732 170,675 11,112 1,417 31,588 124,979 2,337 171,433 EXPENDtruRE ON: Charitable actlvites Total 242,953 242,953 242,953 242,953 216,529 216,529 NET DEFICIT 49,943 122,221 72,278 45,096 Transfer between funds 122,721 122,721 Total funds brought fonvard 14 394,778 394,778 439,874 Total funds cayrled foNvard 322,000 500 322,500 394,778
preSteld & Dlstrlct Nel8hbourhood Workers Projett Balance Sheet As at 31 March 2025 Notes 2025 2024 Flxed Assets Tan£lble assets li 162,595 186,293 CuTtent Assets Amounts recelvable Cash )t bank and in hand 362 21308 214.170 164,490 164.490 qdltthS Aniounts fallin8 due within one year 12 4,585 5,685 Net current aet$ 159.905 208.485 Totsl As%ets1gss Curmnt L14bllltleg 322,5Cx) 394.778 Capltal And Reserves Unrestrlcted CiÈneral Fund 14 322,51XI 394.778 Total Funds 32200 394.778 Siened on behalf of the Trustee5 Date Chairperx)n
Prestonfleld & Dlstrlct hlel8hbourhood Workers ProJe¢t Notes to the Financial Statements For the year ended 31 Mar¢h 2025 l. Accounting Poli¢ie5 a) Basls of Accountlng The financlal statements have been prepared In accordance wlth Accountlng and Reportlng by Charltles, Statement of Recommended Prattice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland (Charlties SORP FRS1021 {effectlve l January 20151 and the Flnan¢ial Reporting Standard applicable In the UK and Republlc of Ireland {FRS1021. PrestonfSeld & Distrlct Nelghbourhood Workers Project meets the definition of a public beneflt entlty under FRS102. A55ets and liabilities are initially recognlsed at histofical cost or transactlon value unless otherwlse stated In the relevant accountlng pollcy note. b) Fund Atcountlng Unrestricted Funds are avallable for use at the dlscretlon of the trustees In furtherance of the general objectives of the charity. Unrestricted Funds include a revaluation reserve representlng relnstatement of flxed assets at market value. Restrlrted Funds are subjerted to restrictions on their expenditure Imposed by the donor or through the terms of an appeal. c) Incorne Income Is attributsble to one charltable actlvlty whSch Is to provlde care to eldery people. All Income Is reco8nised In the Statement of Financlal Acltlvities once the charlty has entltlement to the funds. The charity's income consists of Revenue 8rants and donations. d) Expendlture All expendlture Is Included on the accruals basis and hès been dlrectly attrlbuted to one of the financlal categorles of resourccs expended in the Income and Expenditure Account and Statement of Flnanclal Actlvltle& The expenditure also Includes irrecoverable VAT. e) Tanglble Flxed Assets and Depre¢iaton FIKed Assets are written off over the expected life of the asset. Depreclation is being Charged as follows: Property- 4/0 Strai8ht Ilne Fixtures and Equipment- 25% reducln8 balance f) Credltors and Provlslon5 Creditors and provlsions are recognised where the charity has a present obllgation resulting from a past event that will probably result In the transfer OF funds Lo a third party and the amount due to settle the obligation can be measured or estimated rellably. Creditors and provisions are normally recognised at thelr settlement amount after allowing for any dlscounts due. 8) Taxation No provision for tax Is necessary as the Association has charitable status and does not trade. The charltv suffers input VAT on some of its expenditure which it does not recover.
Prestonfleld & Dlstrlct Nelghbourhood Workers Proje(t Notes to the Flnanclal Statements For the year ended 31 March 2025 2. Income The charity's income conslsts of grants, donatlons, Income from fundralsing attlvitles and contrlbuti4Jrts from the cllents who use the servlces provided. 3. Donatlons 2025 2024 Gener Donatlons rece5ved Friendshlp appeal 2,042 320 2,362 10,852 260 11,112 4. Grants recelvabla General F W M Mann Foundatlon Corrle In for the Wlnter Adapt and ThrSve 1,000 500 917 1,417 1,000 S. Advltles fr>r genératlng funds General Fund Footcare Day servl Café 14,440 30,481 570 45,491 13,899 17,689 31,588 6. Charltablo actlvltle$ eral Fun Clients shoppln8 73 73 331 331 trict d F CEC Soclal Work Spot Purchases He* and Eat 116,695 3,537 500 120,732 116,884 7,764 124.648 7. Investment Income neral Fund Bank interest 917 2,337 io
estonfield & Oistrict Neighbourhood Worl(ers l>roject Notes to the Financial Statements For thè year ended 31 March 2025 2025 2024 8. Other Income General Fund Room rentsl Income loo loo 9. Charltable actlvltles Costs dlrectl a Staff salarles Staff costs Staff tralnlng Transport and travel ReBistratlon Day care supplles Footcare Project events Equipment Adapt andThrive Entertalnment tributable to activitles 155,155 90 982 16,079 1,711 13,230 346 309 765 145,188 59 200 10,558 1,729 5,747 81 iio 1,201 1,491 ort Water rates Insuran Heat and Llght Property malntenance Cle8nlng and provisiorts Telephone Photocopyin81 Postage & Statlonery Subscriptions Advertlsln8 Equlpment Other Premises costs Other admln expensos Accountancy Depreclation Total general fund costs 2,122 5,787 9,100 5,008 733 1,825 1,748 436 240 766 37 1,060 1,666 23,698 242,953 5,242 6,854 3,300 929 3,193 458 636 202 3,587 1,757 24,007 216,529 li
Pre5tonfield & Dlstrl¢t Nelghbourhood Workeys Prolert Notes to the Financial Statements Forthe year ended 31 March 2025 2025 10. Staff costs Salarles Employers National Insurance Pen51on contributions 139,788 14,455 912 155,155 139,981 4,224 983 14S,188 Allocated as follows: Cost of dlrert activities- General Fund 155,155 145,188 The average weekly number of employees during the year was,, Admlnlstration No payments were made to charlty trustees during this year or the previous year. 11. Tanglble Flxed Assets res& Total ildin men At l Aprll 2024 Addltlons At 31 March 2025 569,270 66,570 635,840 569,270 66,570 635,840 DEPRECIATION At l April 2024 CharBe for year At 31 March 2025 25% RB 62,861 927 63,788 386,687 22,771 409,458 449,548 23,698 473,246 At l Apr512024 At 31 March 2025 182,583 159,812 3,709 2,782 186,292 162,594 2025 2024 12. Credltors Sundry ¢reditors Accruals PAYE Clients money 1,385 2,354 1,757 126 2,739 4,622 4,585 12
Prestonfleld & Dlstrlct Nelghbourhood Workers Project Notes to the Financial Statements For the year ended 31 March 2025 13. Ststement of ftnancial activities for the perlod to 31st March 2024 The Statement of Flnancial Actlvitie5 for the year to 31 March 2024 on page 7 distinguishes between the dlfferent funds. The comparative breakdown forthe prevlous year Is as follows: Uhrestrlcted General Restrlrted Funds Funds Total 2023 INCOME FROM: DonatSons Grants Recelvable Attlvltes for generatinB funds Charltable activltles Investment Income Othor Income Totsl 11,112 1,417 31,588 331 124,648 2,337 11,112 1,417 31,588 124,979 2,337 46,785 124,648 171,433 EXPENDITURE ON: Charitable actlvites Totsl 216,529 216,529 216,529 216,529 NET INCOME 46,785 91,881 45.096 Transfer between funds 91,881 91,881 Total funds brought forward 14 439,874 439,874 Total funds ¢arried forward 394,778 394,778 13
Prestonfleld & Dlstrfct Neighbourhood Workers Project Notes to the Financlal Statements For the year ended 31 Maf¢h 2025 14. Statement of Funds At Incomlng Resources Transfers 31-Mar-24 Resoue5 Expended At Yl.Marw25 General Fund 394,778 49,943 122,721 322,000 Restrlcted Fund CEC Soclal Work Spot Purchases Heat and Eat 116,695 239,416 122,721 3,S37 3,537 500 120,732 - 242,953 122,721 500 500 Totsl 438,816 170,675 - 242,953 322,500 The General fund represents Income from fundralslng activities and donations whlch are used for the runnin8 of the centre and for the benefit of cllents. The Restricted AcSS Fund represents grants and funds recelved speclfleally for carlng for and providing facilities for clients. fNtA et Tanglbla Net Current Totol Flxed Assets Assets General Fund Restricted Fund Totsl 162,595 159,905 322,500 162,595 159.905 322,500 artles No trustees recelved any remuneiation or relmbursement of expenses durlng the year. 14