Note on Annual Accounts 24/25 – (Treasurer) ———lLlll
Club Income
Income increased this year by £40,160 to an overall £173,664 over the full academic year. This was driven primarily by the increase in number of attendees to the club from January 2025, along with the fee increase at the start of the year taking effect. We had a donations of £670 over the year which was down on the previous year but still a significant amount of income.
Club Expenditure
Our expenditure had a planned increase this year, with the committee taking the decision to hire extra staff to support the club expansion without an increase in fees mid-session. Given we were in a position of high surplus at the start of the year (£44,689), it was decided to use the extra surplus to fund the new staff. Our overall expenditure was £198,179 for the year which is an increase of £77,713 and almost entirely due to staff costs. Other expenditure was very stable or lower than the previous year.
Overall
The club financial picture at year end was an overall loss of -£24,515 for the year, which was planned as explained above, leaving us with a surplus of £20,174 at the end of the year.
Fees for session 25/26 were increase to cover the extra staff so we are not expecting the loss to repeat in future unless we have a situtation of extra surplus again where we will look to utilise the funds for the benefit of the club in line with our charity status.
Treasurer
SC 033580
Charity No
PINKIE ST PETERS OUT OF SCHOOL CLUB ACCOUNTS AND REPORT FOR THE YEAR ENDED 31 JULY 2025
FIFTH ACE LTD 15 NORTH HIGH STREET MUSSELBURGH EH21 6JA
Pinkie St Peters Out Of School Club - Charity No. $C033580
Receipts and Payments Account for the year ended 31 July 2025
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||||||||
|---|---|---|---|---|---|---|
|2025|2024|
|Receipts|
|Fees|£ 172,861.47|£|131,956.69|
|Fundraising|£|41.85|£|96.38|
|Grants|and|Donations|:|670.50|£|1,361.26|
|Bank|Interest|.|90.43|2|90.10|
|Total|Receipts|£|173,664.25|£|133,504.43|
|Payments|
|Staff|Costs|£ 184,804.14|£|102,663.42|
|Payroll|Costs|£|288.00|£|279.00|
|Food|£|4,823.78|SF|4,891.52|
|Insurance|£|474.98|£|459.82|
|Administration|fs|2403;75|£|1,989.86|
|Activity|Materials|£|4,864.41|x|9,221.15|
|Audit|Fee|£|300.00|£|250.00|
|Miscellaneous|L|220.42|£|711.88|
|Total|Payments|£ 198,179.48|£|120,466.65|
|Surplus/deficit|for year|£|24,515.23|£|13,037.78|
|Statement|Of|Balances|as|at|31|July 2025|
|Bank|
|Opening|balance|£|44,688.90|£|31,651.12|
|Surplus/deficit|for year|£|24,515.23|£|13,037.78|
|Closing|balance|£|20,173.67|£|44,688.90|
|7|)|the|Trustees and signed on their|behalf|
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Treasurer
25 November 2025
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- Independent Examiner's Report to the Trustees of Pinkie St Peters Out Of School Club Charity No SC033580
| report on the accounts of the charity for the year ended 31 July 2025 which are enclosed.
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 The charity trustees consider that the audit requirement of regulation 10(1) (d) 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 independent examiner's statement
My examination is 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 seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently | do not express an audit opinion on the view given by the accounts.
Independent examiner's statement
In the course of my examination, no matter has come to my attention
1 which gives me reasonable cause to believe that in any material respects the requirements: . to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulation, and : to prepare accounts which accord with the accounting records and comply with Regulation 9 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
25 November 2025