Partnerships,
for Wellbeing
4&4
Unaudited financial statements for year ending March 2026 and
Trustees Annual Report 2026
Li8EING..
J*y,
Partnorshlps for Wellbeln8Ltd
Acompany Ilmlted by guaranteee
Ctt3FIty No. SC036055 Company SC275314
."ftgistered Office: Caulfield House,'Cradlthakn py.slne55 Park
IV25GH
Telephone 01463 729997
www.p4wMr8￿k ,
email: admlnQp4w.or&tsk
OSCR '
sto11￿7 ReKL,laioT
WWW.Dscr.org.uk
Cbli
SCOJ6055

TRUSTEES. ANNUAL REPORT
(INCORPORATING THE DIRECTORS. REPORT)
The Partnerships for Wellbeins IPFWI trustees. who are also director5 for the
purposes ol company law present our unaudlted flnancial statemen¢s for
the year ended March 2026 and our annual report on activitles for 2025- until
June 2026
The financial statements comply w
h the current statutory requirements.
the Memorandum and Artlcles
f Association and the Statement of
Recommended Practice ISORP) applicable to charlties in Scotland.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered charity name: Partnership5 for Wellbeing Limited
Charity registration number: SCO 36055
Company registration number: SC275314
Prlnclpal and Registered Offlce: Cauifield House. Cradlehall Business Park
IV2 5GH
THE TRUSTEES
The trustees who served the charity during the period were a5 follows:
Heather Henderson
Marilyn David50n
David Greer
John Greene
Natalie Gilray
Murray Fergu50n
Keneth Maclnnes
Chalr: Davle Miele
Independent examiner
A9 Accountancy
Elm House
Cradlehall Business Park
INVERNESS
IV2 5GH

GOVERNING DOCUMENT
Partnership5 for Wellbeing is a charitable company limited by guaf antee,
incorporated on 28th October 2004 and registered 35 a charity on
25th October 2004.
The company was established under a Memorandum of Association which
established the object5 and powers of the charitable company and is governed
under its Articles of Association. In the event of the company being wound up,
members are required to contribute and amount not exceeding £1.
CONTENTS
Sec
on
eesR
ctio
Annual
Tru5tees' Annual Report & Reference
Information
Independent examiner's report
Governing Document
Annual Summary 2025126
Statement of f inancial activities
Structure, Governance and Management
Balance sheet
Chair's Report
4-15
Manager's Report
Notes to the financial statements
Funding
9-10
Community Transport
11-13
Health Walks
14-15
Festival of Walking & Wheeling
16-17
Friendship Groups
18-19
Volunteer Su pport and Training
20
Profile and Publicity
21-22

Partnerships
for Wellbeing
202512026 ANNUAL SUMMARY
TOTAL ANNUAL114COME
TOIAI ANNUAL EXPENDITURE
0£340k ,0 £303k
COMMUNITY TPANSPORT
i411ESWEREtr
IEHICLES IP4
FLEET
IIEGISTERED
EbENT5
TRANspoII
1,000
62 ', 43,000
HEALTH WALKS
FESTIVAI
FRIENDSHIP PROJECTS
REGLSTEAED WLTh WA￿ FESTNAL FE￿NAl
PARTICIPANTS
250 15 66
30 790
40
per rnonth
OUR f EOPLE
Workiny toyeihcr
lor stronyvr.
hpalthier and
moTetonDected
communities
In thv Highlands.
ST*SFWllbEAS I
Charify Number. SC036055
Www.p4W.or9.￿k
Caulfieid Hobse, Cradlehall Business Path,
Invernèss IV25GH

STRUCTURE. GOVERNANCE
AND MANAGEMENT
Partnerships for Wellbeing is a charitable company limited by guarantee having
been incorporated and registered as a charity in October 2004.
Our charitable aims are:
To contfibute to the development of health, wellbeing and social care in a
sustainable way IhroughoLtt the H ighland5 of Scotland- Through active
partnerships with individuals, communities, and private, statutory, and
voluntary sectors, tackle isolation and social exclusion in urban, rural and
transient populations, facilitating independent and active living,. To provide
advice and assistance to enterprises whose activities are directed towards the
aims of above.,
To provide training opportunities for those referred to above with a view to such
residents within the region acquiring skills which will assist them in obtaining
paid employment.
Overall Management of the Organisation
The company was established under a Memorandum of Association.
Partnerships for Wellbei ng is governed by its Articles of Association that were
last revised in 2017. The Board Directors are also charity trustees - they are
responsible for the strategic direction and policy of the organisation and meet
regularly through the year.
The Director5 are recruited to ensure a wide range of expertise and experience.
Additional Directors to supplement this breadth of expertise are regularly
sought. We continue 10 welcome new Directors from a variety of backgrounds.
Day to day management and structure
Day-to-day operational managerneni of the organisation
is led by the Manager Jeff Zycinski.
The PFW Walk and PFW Transport services are led by service managers Jayne
Preece and Fiona Maclnnes respectively.

CHAIR'S REPORT
It is my pleasure, on behalf of the Board of Trusiees, to present this year's
Chairman's Report for Partnerships f or Wellbeing.
Over the past year, the charity has continued to rnake a positive difference across
our communities through service5 that promote health, independence. inclusion
and wellbeing. Thanks to the dedication of our staff, volunteer5 and partners, we
have supported people to stay active, connected and engaged while responding to
evolving community needs.
Our Health Walks programme continues to thrive, offering opportunitie5 to
i mprove physical health ￿,hIle enjoyinE the social benefits of regular group
activity. The walks help reduce isolation, build confidence and encourage healthier
lifestyles, and remain one of the charity's most valued service5.
Our Community Transport service continues to play a vital role i n helping people
maintain their independence. Reliable, accessible transport enables individuals to
attend appointments, participate in community activities and stay connected with
friends and family. Demand remains stron8, underlining the i mportance of this
service.
Our Friendship Groups continue to provide welcoming spaces where people can
socialise, share experiences and develop meaningful relaiionships. These groups
play an important role in combating loneliness and promoti ng wellbeing, and it is
encouraging to see participation and growth continLJe throughout the year.
The annual Festival of Walking & Wheeling was once again a major success,
bri nging together people of all ages and abilities to celebrate the benef its of
walking, wheeling and active travel. The Festival promotes accessibility, inclusion
and community participarion while showcasing the value of partnership working
across the voluntary, public and local business sectors.
This year ha5 also brought significant change within the organisation. I would like
to expre55 my sincere thanks to our outgoing Manager, Jeff Zycinski, for his
leadership, dedication and commitment to the charity. During his time with
Partnersh ips for Wellbeing, Jeff has raised the organisation's prof ile across the
communities and sectors in which we work. His efforts to build relationships,
develop partneTsh ips and secLJre add itional funding have strengthened the charity
and helped ensure the sustai nability and growth of our services.
Draiving on the skills, experience and contacts developed during his broadcastinE
career, Jeff has engaged a nurnber of iwell-known Scottish personalities in
promoting the charity, often with humour that has brought smile5 to many faces
and provided a welcoTne source of enjoyment for those using our services. Hi5
expertise as a drone pilot has also enhanced our promotional videos with stunning
views of I nverness and the beautiful Highland landscape. The Board 15 extremely
Eratef ul for Jeff's contribution and wishes him every success in the future.

I would also like to thank our retiring Administrative Officer, Hayley Tarbuck,
whose professionalism, eff iciency and dedication have provided invaluable
support to the organisation over many years. We wish her a long, happy and well-
deserved retirement. As we say goodbye to Jeff and Hayley we now welcome
Jennifer Findlay as our new Administration Officer who comes to us with extensive
experience in the third sector. Meanwhile the recruitment process for a new
Charity Manager is well underway. We are heartened to have received a combined
total of 220 applicants for these roles which is measure of how the profile of PFW
has grown.
The Board has also seen change during the year. We extend our gratitude to
retiring directors Heather Henderson, Dave Greer and Natalie Gilray for their
dedicated service and valuable contribution to the governance and
development of the charity. At the same time, l am delighted to welcome Murray
Ferguson and Kenny Maclnnes to the Board. Both have already made valuable
contributions to our bi-monthly Board meetings, bringing fresh perspectives,
experience and enthusiasm to our discussions.
The movement of staff during the year presents an opportunity to undertake a
measured restructu ri ng of role5 Within the organisation based on a consultation
exercise conducted in 2025. A key priority will be the centralisation of
administrative functions to improve eff iciency and support more effective
delegation of responsibilities acr055 the Community Transport team. This will
enable the Transport Manager to focus more fully on volunteer recruitment,
development and training, helping us to maximise the potential of our expanded
fleet of accessible vehicles and meet growing demand for services. Similary our
Walks Manger will be charged with exploring additional sources of funding so
that we build financial resilience at a time when public funds are under much
pressure.
Finally, I would like to thank our staff, volunteer5, f unders, partners and
supporters for their continued commitment to Partnerships for Wellbeing. Their
dedication remains the foundation of our success. As we look ahead, the Board
remains conf ident that the charity is well placed to continue improving lives,
strengthening communities and delivering services that make a real difference.
Davld Miele
Chair
Partnerships for Wellbeing Board of DirectorslTrustees

MANAGER'S REPORT
This is my final contribvtion to the PFW Annual Report, as I move on after five
years in post. It has been a period of signif icant growth for the charity, and l am
grateful to those members of staff who helped shape our progress. Several
colleagues, inclLtrding Nicola MacKenzie and Kate Thomson, have gone on to
succe55fLII careers in the public sector. Meanwhile, those we recruited during my
time here -Jayne Preece, Linda Wilson, Marie Law and Ewan Williamson-have all
played key roles in strengthening our services. I pay particular tribute to our
retiring Administration Off icer, Hayley Tarbuck, whose diligence, professionalism
and good humour have done much to compensate for my own somewhat creative
approach to paperwork and filing.
Partnerships for Wellbeing is irn good shape and its Strategic growth has been
made possible through the encouragement, guidance and sound governance
provided by our Board of Trustees. For most of my time with the charity, the
Board was led by Heather Hender50n, and more recently by David Miele.
Managing a small charity can sometimes feel a lonely responsibility. but every
Board meeting provided the support, challenge and encouragement needed to
keep moving forward, even in the f ace of an increasingly diff icult f und ing
landscape. That said, this f i nancial year has been another record-breaking one f or
Partnerships for Wellbeing in terms of funding secured. This has enabled us to
further expand our fleet of wheelchair-accessible community transport vehicles
and pursue new projects in partnership with other community organisations.
l extend heartfelt gratitude to the volunteers who generously give their time to
keep our transport services moving and our weekly health walks thriving across 15
d ifferent locations. I will always feel proud when I see the Partnerships for
Wellbeing logo on our vehicle5 or the 'PLAffin Partners, emblem on posters and T-
shirts. They remind us that, here in the Highlands, community spirit burns bright.
l am delighted to be joining the team at Highland Third Sector Interface, an
organisation that does so much to support community organisations across
H ighland. I hope my experience over the past five years will prove useful in
helping other groups establish, grow and overcome the many challenges that
charities f ace.
It has been a privilege to serve Partnerships for Wellbeing, and I leave with great
pride in what we have achieved together and every confidence in the
organi5ation's future
Jeff Zycinski
Manager, Partnerships for Wellbeing
2021- 2026

FUNDING
Partnor5hip5 Iw Wellbelng Lirntt￿- Finantyal Perfonnanc8 Over the La$t5Years
¥1
D¢41
1?7ZJ6
1tt IJS
32143F
315911
JD3611
IS.ty)5
Over the five-year period to 31 March 2026, Partnerships forwellbeing has
experienced significant Erowth. with annual income increasingfrom £128,956 to
£340.041 and expenditure increasing from £137.226 to £303,643. The charity
ha5 generated operating surpluses in four consecutive years since 2022,
strengthening its unrestricted reserves and supporting the long-term
5UStainability of its service5. The surplus for 2025126 was £36,398, resulting in
total unrestricted funds of £81,826 at year end. In recent years funds have been
boosted by grants awarded for the purchase of additional accessible vehicles.
In 2025126 this included a substantial grant from the Energy Saving Trust which
we sought as part of the Plugged in Communities Fund. This allowed us to
purchase our first electric powered minibus.
In the year ahead we forecast lower levels of income and expenditure because
we have no plans to seek funds for the purchase of an additional vehicle.
•l•ttTTrity -

Partnerships For Wellbeing Ltd
Income Sources for the Financial Year 2025126
Total Income £340,041
NHSH¥hl•
E72,930
Zl.4%
EMtgy SI￿r97r¥S1
f69.647
205%
nffluhityTiaTwMFart¥ É40.138
5.8%
G•rheWWtsiwsFouTrJ•iiC• f 30.(4))
£340.041
Ba￿k olkthL•nd F￿ndation É27.WJ
8.1%
2025126
C4knThunrftycwe (25,(
r19.703
7J%
Paths FOIAJI
H¥h￿r￿j Court
t20.810
6.1
Othei Grthhtss Ioc•Y
t34.213
io.0%
G.•Dli8 £34.?13 Dxh&Jei . M4ntal Health & WtHbW4 IES.633I II¥wvi
SrfflLwdlt5.9S5l.t4•t￿mlLty1￿CtsiU￿￿Y IEI.1151. HWfr45ei F¢¥r￿lI￿ IIfj.IKQI.
Tl>r s￿ffOrd ¥iiiSt113.?501, Chwrt•iJe FL*4IC3.21¥Jl. D¢￿1￿>8 fy1ts1£3.42I1.
S(ytWI[5WI. Is1￿J5 Chrnale It1501 ltrrtiirr*il Ir8371
lrtrpme IIBS)
rfjw¢ib•*d )1 M#Tth2016
The main sources of funding continue to be public sector grants from NHS
Highland, Walking Scotland, Highland Council and the Communities Mental
Health and Welfare fund administered by HTSI. There was a £3.6K c05t-of-living
uplift to the annual £24K Bank of Scotland Foundation grant which will continue
until 2027128. Fare Income from our community transport service was up due, in
part. to the scrapping of our £2 discount for return journeys but income was
lower than in 2023124 because the number of annual journeys was also down.
despite an increase in our fleet of available vehciles.

COMMUNITYTRANSPORT
SY75 PXB
Having temporarily lost the use of three vehicle5 duringthe previous year, our
community transport service benefited from the arrival of a replacement
electric car. a new electric minibus, and a diesel Ford Tourneo. This brings our
total fleet size to eight vehicles (five cars and three minibuses). These additions
have significantly improved the resilience of our fleet.
One immediate benefit has been the removal of a lunchtime bottleneck, which
often left afternoon drivers waitingfor vehicles to return from the morning shift.
Thank5 to the intervention of two local MSP5 and the Community Transport
Association, we also gained clarification on the rules surrounding our Network
Support Grant from Transport Scotland. This has enabled LFS to claim the mileage
allowance for all our community transport vehicle5, rather than only those
capable of carrying nine or more passengers.
We have 60 drivers and minibus assistants helping to keep our service on the
road. Between them. they Contribute around 43.000 miles of driving
each calendar year. Persuading others to join their ranks- even for a few hours
a week- would allow us to expand our services and offer more help to people in
need. Right now, we have 1,000 registered clients, and a growing proportion of
these are wheelchair users. This continuing demand highlights the importance
of maintaining a resilient, accessible, and well-supported transport service for
our community

PFW COMMUIIITY TRANSPORT BOOKINGS AND JOURNEYS12023124- 2025126}
Vibnlh by VGntb ￿n1[J￿rISon ol Booki?95 ènd jo￿lne15 Iyj Pèst 3 FI￿n{lo1 YÈalS
CT BoDkty5 m CT
F¥ W74
ry762*
¢ + *
8￿40
4.920
8.610
The chart compares Community Transport ICTI bookings and completed joumeys
over the past three financial years and demonstrates the continued demand for
accessible, affordable transport across Inverness and the surrounding area.
While bookings have remained corssistently strong, the number of journeys that
can be delivered is influenced by several operational factors. The most significant
of these 15 the availability of volunteer drivers and minibus a5SlStants. who are
essential to the operation of the service. The number of journeys that can be
undertaken on any given day is dependenton volunteer availability, and this Can
fluctuate due to holidays, personal commitments. illness, and other factors.
The continuing geographic expansion of Inverness has also had a significant
impact on service delivery. As new housing developrnents have extended further
from the city centre. travel distances between passengers. home5. destinations,
and return journeys have increased. This means that many journeys now take
longer to complete, reducing the number of trip5 that can be accommodated
within a driver's available time.
It Is important to note tha the outward and return leg of a trip are counted
separately as not every booking requires a return trip. . Consequently. longer
travel distances have a cumulative effect on capacity, as suff icient time must be
allocated for both parts of thejourney. This means that although demand
continues to grow, the number of journeys that can be completed within available
resources does not always increase at the same rate.
The expansion of our vehicle fleet does, however, offer the possibility of adding
additional journeys but this will be dependent on the success or otherwise of our
renewed efforts to prioritise volunteer recruitment and training.

Another significant factor is the increasing number of wheelchair users accessing
the service. This reflects the important role Community Transport plays in
supporting disabled adults to remain active and independent within their
communities. However, transporting wheelchair users requires additional time at
both pick-up and drop-off points to ensure wheelchairs are safely secured and all
safety checks are completed before travel. These procedures are essential for
passenger safety and dignity but inevitably increase the overall time required for
eachjourney.
The importance of the service is further underlined by the ongoing shortage of
wheelchair-accessible taxis in Inverness. For many disabled adults, Community
Tran5POrt provides the only reliable and affordable means of accessing healthcare
appointments. day-care sessions and community Services. As a result, demand for
accessible transport continue5 to rise.
In 2025126, we eliminated the £2 discount previously applied to return journeys so
that each leg of ajourney 15 now charged at the standard flat rate of £5. This
modest change has helped cushion the impact of risingfuel and insurance costs
while maintainingan affordable service that remains significantly cheaper than a
taxi. The revised charging structure has Strengthened the sustainability of the
service while continuing to provide excellent value for passengers.
The figures above do not include free-of-chargejourney5to the Merkinch
Community Centre weekly lunch club. These booking are provided a5 part of the
agreement which saw the Mefkinch charity gift us their minibus. Including those
trips would add an additional 1500 journeys per year
brining our annual totalto 9760
Top io tllrTimvniiy Tiansponiovriieys
lexclud￿9 Merkinchcommunity Ctfit￿
14
140
?90

HEALTH WALKS
Partnerships
for Welll)eiiik PF3
HEALTH WALKS 202Jl /L41"
0250 066_-051
IIG15TEIED WAlXtps
@ 15
• i•
* 51
The Highland Health Walks Project continues to play a significant role in improving
the health and wellbeingof communities across Inverness and the Inner Moray Firth.
During 2025126, the project supported over 250 registered walkers through 15
regular weekly walking groups. providing accessible opportunities for people of all
ages and abilities io improve their physical health. mental wellbeing, and social
connections.
The project remains generously supported through fundingfrom NHS Highland and
Walking Scotland (formerly Paths for All). Health walks are frequently recommended
by local GPS and healthcare professiona15 as an effective way to support both
physical and mental health. reflecting the growing recognition of walking as a simple
yet powerful preventative health intervention.
The programme is managed by Health Walks & Events Manager Jayne Preece,
supported by colleague Marie Law. Together they deliver training and ongoing
support for volunteer walk leaders, including both in-person and online se55ions
covering topics such as strength and balance, risk assessment, and safe group
leadership. Their work ensures that volunteers are well equipped to provide
welcoming, safe, and inclusive walking opportunities throughout the region.

A notable development during the year wasthe establishment of a partnership
with the Scottish Drugs Forum to create a regular weekly walk for people
recovering from drug and alcohol addiction. Based around the HTSI Café 1668 in
Inverness, this riverside walk forms part of a wider recovery pathway and has
already demonstrated p051tive outcomes. with participants progressing from
walkersto volunteers and. in some cases. into paid employment.
The project has also begun developing new partnerships with Help for Heroes
and an English-language teaching group based at the James Cameron Centre,
creating opportunities to engage with additional communities who can benefit
from the Social and health advantages of regular walking.
As the project continues to grow, several challenges remain. Participants who
develop greater levels of fitness often seek longer and more demanding walks
than those offered within the standard one-hour Health Walk model. In addition.
the ongoing recruitment and training of volunteer walk leaders remains a
continuou5 priority. The continued expansion of Inverness also presents both
challenges and opportunities. as the project seeks to raise awareness among
new residents and establish additional walking groups in emerging communities
acr05S the city's growing outskirts.
Overall. the Highland Health Walks Project continues to make a valuable
contribution to cornmunity health, social inclusion, and wellbeing throughout
the region.

FESTIVAL OF WALKING & WHEELING
The Inverness Festival of Walking and Wheeling is now a well-established
part of our charity's activities and has become a notable fixture in the social
calendar of Inverness. Following our success in the 2025 HTSI Awards, there
was a deterrnination to makethe fourth annual event even bigger and better.
To that end, additional partners were brought on board to enhance the
programme. These included the Inverness Royal British LeEion Pipe Band.
the Walking Football Project at Inverness Caledonian Thistle Community
Trust, and Velo City. Meanwhile, many of our previous partners returned with
some of our most popular events including a Culduthel Woods adventure
day, the Highland Paranormal Ghost Walk and the Inverness Library
Phantom Buildings walk. We welcomed a new face to our photography walk
in the form of Sanjay Das and were delighted to incorporate the Kidical Mass
Family Cycling Event into the programme. As ever, our ice cream trike
attracted the longest queues
lis

. We invited broadcasters Karen Bartke and Grace Nicollto update their video
introduction to our Loop of Health and History self-guided walk, reflecting the
many changes that have taken place in the city since its original launch.
Between May and the first week of June, the festival attracted almost 800 in-
person participants. During the same period, the WawFest.com website received
more than 4.000 views.

FRIENDSHIP GROUPS
The blight of loneline55 and social isolation remains one of society's major
challenges. particularly in areas with ageing populations and limited transport
options for older adults with mobility difficulties. To that end, the future
development of our various Friendship projects is, in the view of the Trust. a key
priority for the charity and its management.
While other third-sector organisations are also seekinEto tackle this problem, PFW
is able not only to create opportunities for Social gatherings but also to provide
the transport necessary for people to attend them. Our Friendship Bus and
Friendship Club. pioneered by our retiring Administration Officer, Hayley Tarbuck,
have proved enormously successful-so much so that demand far outstrips our
ability to meet it. Similarlyi our transport support for the long-standing Merkinch
Lunch Club Serves a comparable function. Our Cheery Book Club, meanwhile,
provides a different kind of activity for those who wish to combine their love of
reading with the opportunity to make new friends. None of this is to neglect the
role of our existing Health Walks and Community Transport services, which, in
their own way. also offer valuable opportunities for Social interaction.
During 2025126, our Friendship projects received funding from both the Highland
Council Ward Discretionary Fund and the Communities Mental Health and
Wellbeing Fund. Much of this support helped cover staffing costs, vehicle
insurance and catering expenses. Looking ahead. we have already secured É5.000
from the Schroder Charitable Trust, while a nurnber of other grant applications are
pending to ensure that this valuable project can continue to survive and thrive.
It is a project that has already captured the imagination.

ciIE£A Y
Real-life stories of friends being reunited have inspired the collaborative creation
of the Puffin Pals film, a short story narrated by actress Jane Mccarry (Isa from
Still Game) and brought to lifethrough the illustrations of artist Laura Jackson.
known for the Badger the Mystical Mutt books. Written by author and outgoing
PFW Manager Jeff Zycinski, the story tells of two childhood friends who are
reunited later in life aboard the Friendship Bus. We hope that it will inspire other5
to come forward. either as participants or volunteers

VOLUNTEER SUPPORT AND TRAINING
Trainingfor both staff and volunteers remains an important part of the
charity's health and safety culture, particularly as many of our clients and
volunteers are at the post-retirement stage of their live5.
Our volunteers-including drivers, minibus assistants and walk leaders-are
all offered first aid training tailored to their specific roles within the charity.
Staff members a150 receive regularfirst aid refresher sessions. In addition.
our volunteer walk leaders are offered both in-person and online training
on subjects such as risk assessment, strength and balance. This knowledge
is then cascaded to the walkers themselves, helping to promote safer and
healthier activities.
The variety of vehicles operated by the charity, together with the different
ramps and winches fitted to each one, means that specific training must be
provided for every vehicle. Minibus assistants support drivers in boarding
wheelchair users and, again, training is essential to ensure the safety,
comfort and dignity of these passengers.
Training is one of the ways in which we support our volunteers to
undertake meaningful and rewarding roles within the charity. However, it is
equally important to recognise and thank them for their contribution in
other ways. To that end, each walking group is provided with a small budget
for an annual social event. such as meeting up with another group. Our
transport volunteers are also invited to our summer barbecue and
Christmas lunch, both of which are always well attended.

PROFILE AND PUBLICITY
| Festival will
, bewheety good
Partnerships forwellbeing continues to build public awareness of the charity and
the wide range of services it provides. To support this objective, we make regular
use of our social media platform5, which have grown steadily over the past five
years. Our Facebook page now ha5 more than 1.000 followers. while a further 450
people follow our Festival of Walking page.
We also benefitfrom regular exposure through the social media channels of our
third-sector partners, helping us to reach new audience5 across the Highlands. In
late 2025, receivingthe HTSI Award for Best Community Initiative further
enhanced our profile and public recognition. Additional coverage through local
press article5 and a feature on BBC New5 also helped raise awareness of our work.
To strengthen our marketing efforts, we launched a new series of colourful
promotional posters and purchased advertising space in publications such as the
Inverness Remembered annual book and the programme forthe popular Strictly
Inverness dancing competition.
Our staff have also played an important role in promoting the charity. Service
ManagerJayne and Fiona appeared on Highland Hospital Radio, while Charity
Manager Jeff regularly speak5 at local conferences, events and networking
opportunities, helping to raise the profile of Partnership5 for Wellbeing and
advocate for the importance of community wellbeing services.
0011
Walking and Wheelins

Perhaps our most effective promotional activity has been the series of short films
we have produced to showcase the experiences of volunteers and clients involved
in our community transport service. Entitled PFW Journeys, these films are shared
through our YouTube channel and Facebook page.
One of the most viewed and widely shared stories featured 98-year-old Beatrice
Ingram, a regular transport client, who was born in Inverness Castle. Followingthe
castle's reopening to the public, we filmed Beatrice being invited back to her
birthplace, where she was welcomed by castle representatives and local council
officials.
The story attracted significant media attention, being featured by the Press and
Journal and shared by the castle authorities, helping to raise awareness of both
the community transport service and the positive impact it ha5 on the lives of
local people

RISKS AND CHALLENGES
Partnerships for Wellbeinz has well-established procedures in place to identify,
assess and mitigate the risks f aced by the organisation. Governance, operational,
f inancial, regulatory and compliance risks are reviewed regularly, together with a
forward-looking assessment of the external environrnent, including economic,
political and social change.
Ri5k5 are reviewed and asse55ed at meetings of the Board of Trustee5. Where
appropriate, the Manager brings significant issues to the attention of Trustees
between rneetings. The Manager ha5 day-to-day responsibility for ensu ring that
effective f inancial controls are in place and for reporting regularly to the Trustees.
The Board recoEnises its responsibility for the safety and wellbeing of everyone
associated with the organisation. Maintaining a suitably trained. ski Iled and
knowledgeable WOTkf orce is essential to this aim. Appropriate safeguarding and
PVG checks are undertaken, and ongoing training is provided t0 Staff and
volunteers.
As part of our regular monitoring processe5, monthly f inancial management
accounts are prepared by our external bookkeeper and presented to the Board of
TTUStees, together with management cotnmentary and updaled forecasts. As 3
signif icant p roportion of income 15 received in a phased manner throughout the
year, caref ul ca5h-flDW management remains a key responsibility. Delays in
receiving grant income can have a material impact on cash f low. particularly
toward5 the end of a financial yeaf.
A large proportion of Partnerships for Wellbeing's f unding corres f rom public
sector sources, alongside grants from a range of charIta￿le funders. Successf ul
applications to NHS HiEliland's Third Sector Fund have secured substantial
support f or both our Wellbeing and Transport services. Additional f unding from
The Highland Council and Walki ng Scotland, together with income generated
through our comtnunity tfansport services, means that more than 80% of annual
expenditu re can be Thet f rom these sources. The risk of any funding shortf all is
mitigated through applications to a wider range of grant-making bodies.
T he current f inancial climate continue5 to create challenge5 th rough rising costs,
including f uel, fleet insurance and vehicle maintenance. With an nual income
exceeding £300,000, Partnerships for Wellbeing no longer qualifies for certain
conce55i0ns, includi ng discoLJnt5 on water charge5. Membership of the Living
Wage movement has also resulted in above-inf lation salary increase5 for staff paid
at the Living Wage rate. While thi5 remains an impo rtanl requirement f or accessing
some public sector funding streams, increases in grant f unding have not always
kept pace with increases in employment costs.

PARTNERSHIPS FOR WELLBEING RESERVE POLICY
The Trustees recognise the importance Jf maintaining adequate financial reserves
to safeguard the Charity's ongoing operations, and ensu re f inancial sustainability.
The Charity has established a reserve5 policy whereby un restricted f unds are
maintai ned at a level equivalent to approximately three-four months of
operational expenditure, excluding depreciation and other non-cash accounting
charges. Based on rhe Charity's current cost base and forecast expenditure of
£203,000, the Trustees have determined that a reserve of £67,500 is appropriare
to meet this objective.
This reserve forms part of the Charity's unrestricted f unds and is available to
manage cash-flow in the event of LJ nexpected reductions in income, delays in
receiving a£reed fund ing, unforeseen expend iture, or other circumstance5 that
may impact the Charity's ability to continue delivering its services. The Trustees
will review the adequacy of this reserve annually as part of the Charity's f inancial
planning and budgeting process to ensLJre it remains appropriate in light of
operational needs, f inancial risks, and future commitments
FUTURE PLANS
.A new Administration Officer has been successf ully recruited and will join the
team in August 2026.
.Recruitment for a new Charity Manager is currently underway.
.These appointments will support a gradual restructuring of staff
responsibilitres, irnproving delegation and the distribution of duties.
.The change5 ref lect feedback gathered through the 2025 staff consultation
exercise.
.The charity will actively seek f u nding and partnerships to further expand and
strengthen the Friendship Project.
.The Charity Manager will continue to diversify income streams, reducing
reliance on any single grant provider amid ongoing public sector fund ins
pressures.
.A review of organisational processe5 and technology will be undertaken to
enhance efficiency, effectiveness, and operational safety.

APPRECIATION
"My thanks to everyone at PFW
for all the thoughtfulness and
help you give me- without you I
wouldn't manage to receive the
treatment I have but the best
medicine is your warm and kind
voices when I need you."
-Juliet
"Thank you doesn't seem to
say enough for the
wonderful transport service
you have provided to my
mum over the years. Your
patience and kindness has
been very much appreciated
by us both. We are so
grateful to all the
volunteers."
-Chrstine & Donalda
"There are a lot of laughs at the
Cheery Book Club as well as
great discussions about a wide
variety of books. It has
encouraged me to go along to
authors, presentations."
- Anne
"I notice such a difference in
my mum on the days after
the Friendship Club. Please
consider her for future
meetings and bus trips"
Linda
'It's the only transport I can
get. The taxis wont take the
stroller, they wont come
upstairs and help, so this IS
my only link really. It's
wonderful. I go to visit Joe in
the care home, away up the
hill. I miss him so much."
-margaret
'1 joined the Friendship Club
when I was at very Low point
in my life. I was depressed and
didn't like going out of the
house. But everyone was so
welcoming. It really has
m,ade such a huge difference
to my life."
-Liz

WITH THANKS TO OUR
FUNDERS AND FRIENDS
NHS Highland
The Highland Council
Iiiverne5s Common Good Fund
Walking Scorlaid
Highland Cross
Trangpori Scoi'arnd
The ESF PIU￿￿d.1n CommLJnilies Fund
Merkincli Cofflmunily Cenire ASSOC
Scoi Govt Men131 Ilealth & Vlellbeing Fund
I he Naiional Loiiery Corr,muniiies Fund
Bank of Scoiland Foundaiion
Ciarfield Illesion FoLJiidaiion
Huoh Fraser Found3110n
Highlands & Is13nds Enierp,rise
PF Chariiable Trust
Barchesier Ch3riiable Founda110n
Foundaiion 5ooiland The Sialford Trust
14ishlands & Islands Climaie Hub
Bally I homas SMB Ihèriiab'e Fur,cl
Highland Cofflmun11y Loiiery
The Siafford TrL.si
HTSI
The li'nes BGr Anoeisoii Clèrk Moior Repairs Ross's Garage IV,Ele's Gelaieria Loch
Nlecs Ice Crean", Ttye K'ocKenzie Cenire I[).￿er ness Librar5, T he InKierYess Courier
I he Press & lo'.rnal BBC A'lba Ilevos High5and Paranoi nial WASPS Cre¢iive Acadein5'
lrnverness Cullooen Roiary Cldb Tlie Communil51 Tranfpoii Associèiion Scoiland
C8',e de Paolo Culduthel Chrisi ièli Cf-nrre Highland 81indcT ali Higtr,13nd DISO ble
Rambleis Hi8hland Vl1? IV01kirig Gi oup F411',ori kcmi'y 5LJppori
Kidical M?.ss I nvernes< Ro5,01 Ac6derri5' InveT ress Royal Brilish Lesion Pipo Bènd
Inverness Scoul Leaoers Korer, PoiMell Pi'aies I he Locha'dil Hoiel
Locliardil and Drumrriono Communiiy CoLJnci' Move A80 nsi Cancel, N4H.
Sonjay Das . Scoiiish BV,X School Spokes for Po,K<
Toin's Cap Cabin UH I |nkreT F,eos Klelo Cilv
Gavin Gr8ni. Elsie Normingion Grace Nicol Liam Shand Andi evv LLicas
RaLh3el Pro',he'o Gill Mcshea David Kelly Leslie Waison Goi'don Doherty
Ken L￿N(J￿aY Laui a laikcon Jarie TrJicCarry ILJlia &utherl8nd
Fei gus Ewing IdP E nilTia Roddick MSP Kaiie Noble
Ke5513 Gill Leigh.Ann Lillle Chorloiie lQiacKernzie

APPROVAL
Approved on behalf of the Partnerships for
Wellbeing Board of Trustees
David Miele
Date
q/.?/.,,

PARTNERSHIPS FOR WELLBEING LTD
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF PARTNERSHIPS FOR WELLBEING LTD
I report on the financi81 statements of the charity for the year en¢Jed 31 March 2026, which are sel out on pages 2 to
15.
Respectiv• r•sponslbilities of trusteès and examiner
The charity trustees (who are also the dirèctors ol Partnerships For Wellbeing Ltd for the purposès of cornpany lawl
re responsible for the preparalion of the financial statements in accordance wrth the terms of the Charities and
Trustee Investment (Scollandl Act 2005 and the Charities Accounts (Scotlandl Re9ulations 2006.The charity
tnjstees consider that the audlt requirernenl of Regtjlation 1011llal-l¢l ol the Charities Accounts {Scotlandl
Regulation$ 2006 does not appty.
It is my responsibility to examine thè financial statem8nts as required under seetion 4411llel of the Ch8fiti8s and
Trustee Investrnent (Scotlandl Act 2005 and lo state whether particular rnatters have come lo my attention.
Basls of Independent oxamlner's $t#tèm•nt
My examination is carried out in accordance with Regulation 11 of the Charities Awounts (Scollandl Regulations
2006. An examination includ0$ a review of the 8¢counting records kept by the charity and a compari90n of the
financial statèments presented wth those records. It 8lso includes consideration of any unusual items or disclosures
in Ihe financial slatements, and seeking explanations from Ihe truste95 concerning any such matters. The
procedures undertaken do not provide all Ihe evidence that would be ￿qUired an audit. ar)d conseqL*enUy I do not
express an audit opinion ¢)n the view given by the financial ststemonts.
Ind•pendent examintr's statement
In the ¢ourse of my examination. no matter has ¢om8 to my attention
1. which gives me reasonable caus8 to believe that in 8ny material respect thé requ1￿Ments..
to keep accounting records in accordan￿ with Section 4411llal of the Charities and Trustee Investment
Iscotlandl AGt 2005 and Regulation 4 01 the Charitigs Accounts [S￿t18nd} ReguSation5 2006, and
to prepare financial statements which accord wth the accounting records and comply with Regulatson 8 of
the Charities Accounts (Scollandl Regulations 2006
have not been mel, or
2. to which, in my opinion, attention should be drawn in order to enable 8 pr4¥er understanding of the financial
statements lo be reached.
HLLLQ Nock(L
Holliè Mackay CA
A9 Accountancy Limited
Elm House
Cradlehall Business Park
Inverness
IV2 5GH
Date..

PARTNERSHIPS FOR WELLBEING LTD
STATEMENT OF FINANCIAL ACTIVITIES
(INCLUDING INCOME AND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 31 MARCH 2026
Unrestricied Restricted
funds
Ivnds
2026
2026
Yot81 Unre5tri¢ted Reslricted
funds
funds
2025
2025
Total
2026
2025
Notes
In¢ornÈ and endowments frorn-.
Donations and legacies
Other trading aclivitie5
Invesimeft15
Othei incorne
3.988
40,138
837
85
294.139
854
298.127
40 992
837
85
257,766
36.938
1.389
3,762
257,766
36.936
1,389
3.762
Total income
45.048
294.993
340,D41
299.853
299.853
Expenditure on-
Charitable activities
303,643
3D3.643
283,948
283,948
Total expendlture
303.643
303,643
283,948
283,948
Net Incomellexpenditurel
45.048
18,6501
36,398
15.905
15.905
Translefs between
fund5
13.2',91
3.219
Net movement in
funds
41.829
15,4311
36.398
15.905
15.905
Reconcilialion of funds..
Fund balances 31 1 April 2025
39.997
1 $7,892
197.889
39,997
141,987
181.984
balantes at 31 March
2026
81,826
152,461
2Y,287
39.S97
157.892
197,889
The slatemenl of Iinanc181 activilies Includes all 9ains and losses recognised In the year All Income and expenditure
derive from conlinuing aclivil,e5

PARTNERSHIPS FOR WELLBEING LTD
BALANCE SHEET
AS AT 31 MARCH 2026
2026
2025
Noles
Foxed 8s5?15
Tangible 8ssets
14
196.532
126,431
Currertt •$stts
Deblots
Cash al bank #nd In hanLI
15
37.397
75.650
28,e74
112,013
113,047
140.887
Crtditorn.. amounts falling due wlthln
one year
17
{60.7231
152.5021
Net ¢urrÈftt a$sÈts
52,324
B8.38S
Total assets less Current IlabllltSes
248,856
214.816
Credltors: amounis falllng due aft¢r
more tttan one year
18
114,S691
116.9271
Nel assets
234.287
197,889
The funds ot the charity
Restrictecl income funds
Unre5tncted lunds
21
22
152.461
81,826
157,892
39.997
234.287
197.889
The cornpany Is enltlled 10 the exemption from the audii f¢quifement coniatned in seclion 477 01 the Cornpanies Ael
20Q8. lor Ihe year ende¢ 31 March 2026
The direclors aGknowled9e Iheii responsibi111ie5 for Com￿Y1ng with the requirernenis of the CompaThes Act 2006
with respect lo accounting records and the prepBr•iion ol financial 518tements
The Members have not required Ihe cornpany 10 oblain an audit of its financial slaternents Igr the yeaf in question in
8ccordanee with seclion 476
These financial statemen15 have been Pfepafed in accordance wilh the prov15ions applicable to companies subied
to the sm?11 companies regirne
rhe financial slatemtrnls were approved by the tru51ees on
/7/g
Dawd Miele
Trustee

PARTNERSHIPS FOR WELLBEING LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
Aecountlng policles
Charlty Inloimatio
P8rtneiships For We11being Ltd Is a privale cornpany lirnrted by guarantee incorporoled in Scotland The
iegistered office is Caulfield House. Cradlehall Business Park. Inverness, IV2 5GH
1.1 Bas15 of preparatlon
The financial sialemenls have been prepared in accordance will the charity's governing document, tre
Companies Acl 2006 the Charities and Tiustee Invesimenl (Scollandl Act 2005. the Charilies Accounls
IScollanOI Regulat￿0￿$ 2006. FRS 102 "The Financial Reporting St8ndard applicable In Ihe UK and Republic
of Ireland" and the ChaTltie5 SORP "Accounting and Reporting by Charities Statement ol Recommende
Practice applicable lo charities preparing Iheif accounts In accordance with the Financial Reporting sisndard
applicable in the UK and Republic of Ireland IFRS 1021" The charity Is a Public Benefil Entity as defined by
FRS 102
Tne financial stalemenl5 are piepared in sierling, which Is the functional Cuffency ol the charity Monptary
amounts ln these financiBI statements ale rounded to Ihe nea￿51 £
The financia1 slatement5 have been piepaied under the hislorical cost convention The principal ¥ccountin9
poli¢ies adopted ore sel oul below.
1.2 Going concern
Al the lime of approving the financial 51alements. the Irv51ees have a reasonable expeclation that the chaiity
has adequate resou¥ces lo continue in operational existence foi Ihe foreseeable lulure Thus the Ir(stees
continuè to a¢opl the going concern basis of accounting In preparing Ihe finanual Stalernents
1.3 charitable funds
Unreslrictee funds can be used In accordan¢e wilh Ihe chaiilable cbjective5 al the ¢iscrel¢on or the Irusiees
Re51ricied fund5 Gan only be use¢ fol particulai restricted purposes within the objects of tfie chaTIIy
Restriciions arise when specified by ttte donoT or when funds ale faised Yor particular re51ricled purposes.
Furthef expl?nalion of the nature and pulpose ol each fvnd Is incluéed in Ihe notes to the financial
ststement5
1.4 Income
All IncoTe Is recognised In Ihe Staiemenl ol Financial Aclivities once the charity has entillemenl to the funds.
il is probable Ihai the Income will be received and the amouni can be rnea5uied reliably.
1.5 ExpendKure
Li8bililies are iecognised a5 expenditure as soon as Ihere is Iggal or constructive obligalion comfnitting the
charity to Ihat expenditure, it 15 Probable that a Iran5fer OT economic benefits wll be required in settlement 8nd
the amount ol the obligation can be measured reliably Expendilure Is accounled for on an accruals basis and
has been classified under headings ihat aggregète 811 cosi related lo the category Vthere costs cannot be
di'ectly attributed lo part1cular he8dings ihey have been allocaieo to 3clivitie5 on a ba51s con5151enl with the
use of iesuuFces.
1.6 Tanglble fixed asse15
Tangible fixeiy as5els are inili311y me8sured at ¢051 and sub5e4uenlty measured al cost or valuation. rset ol
depfeciation and any 5mp3irrnent losses

PARTNERSHIPS FOR WELLBEING LTD
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
Accounting policles
Icontinuedl
Depreciation is iecognised so as Io Wfile off the cost or valuation ol assets less Iheir residual values over their
ustlul lives on the lollowing bases
Plant anoj machinery
Fixiures and fiMin9S
Motor vehicl25
25Q/¥ slraight line
25Yo slraighl line
25% reducing balance
The gain or loss arising on Ihe ¢Jisposal of on asset is determined 35 the dilference between the sale proceeds
8nd the cArryin9 value ol the asset. antJ is recognised In Ihe slaternent DI f nancial aclivilies.
1.7 Impairmenl ol fixed assets
At each reporting end date. the charily review5 the carrying amount$ of its tangible as5els to determine
whelhEr therè is any In(Jication that those assets have suffeied an Impaifment loss If any such 1ndtal￿n
exists, the recoverable èmounl ol the a55el is estimale(J In order to deiermine the extent gf the irnpairment
loss (IT any)
1.8 Cash and cash equlvalents
Cash ènd castt equivalenls include cash in hand. deposits held ol call wilh banks. other smort-iefm liquid
inveslrnenls wth original maturilie5 of three months or less, and bank overdrafts 8ank overdrafts are shown
thin borrowngs in ¢urreni Iiabililies
1.9 Finan¢Éal Instrumenls
Ttre charity has elected to apply the provision5 of Section 11 'Basic Financ.al In51iument5' ano Section 12
'Olher Financial Instruments Issues. of FRS 102 to all of Ils financial Inslrurnenls
Financial Inslrurnenls are recognised ln IhÈ Chaflty's balance sheet when the charity becomes party to the
contractual provision5 of the instrument
Firsancial ¥sseis and liabilit￿e5 are offset. with the nel amounts Pfesented in the financial statements. when
there Is a legally enforceable r1ght 10 Sel oll the recognised amoLtnlS and tttere Is 8n Inlenlioll 10 seitle on a nel
basis or to rea115e the a559t and settle the Iièbility 51tTrullaneously
Basi¢ financial assets
Basic financial assels, which include debtors and cash and bank balance5, are Initially measured
transaction price inclucling transaction cosls and afe subsequently carried 81 amortised cost Using the effective
inlere51 method unless the arrangement constilules è financing Iran5a¢lion where the transaction is
measured at Ihe piesenl value of Ihe fulure ieceipts discounted at a market rale of Interest Financial assets
cla551fied as rece.'wable within one year are not amonised
Basic linancial li?bilttiès
Basic f1narTrcial Iiabililies, incltjding credrtois an(J bank loans are Initially recogn15ed al transaction P1￿ce unles5
the arrangemenl constiithes a financing trènsaction, where the debl instrument is rnea5ured at Ihe present
value of the fulure payments discounted al a markei rate of intere51 Financial liabilities classified as payable
within one year are not amortised
Debt instnjmenis ale suDsequently carDed al amortlsed cost. using Ihe efteclive inteiesl rate metho
Trade cred1101S are obligBlions to pay for good5 or service5 thai h8ve been acquired In the ordinary course ol
operation5 Irorn suppliers Amoun15 payable are classified as curreni liabilities if payment Is due wilhin one
year OF less. If not. they are presented a5 non-¢urrenl liabilitie5 Trade creditors are reco9nisett initially at
Ifansa¢lion price and subsequenlly measured ai 2mortised Cost using the effective interesi method

PARTNERSHIPS FOR WELLBEING LTD
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2026
Ac¢ounlln9 poIIGies
Icontlnuedl
Dereco9nition ol linancial liabilitles
Financi31 liabilrties are (Jerecognised when the charily's conlr3clua1 obligation5 expire 01 are dischaiged oi
tanceller*.
1.10 Employe• benefit$
The cost ol any unused holiday enlillement Is recognistrd In the period in which the ernployee's services a
received
Termination benefils 8fe recognised Immediately a5 an expense when the Charity 15 dernonsliably comrnilled
to terminate the ernployment of an employee or to provide lermination benefits
1.11 Retirement btneflts
Paymenls to éefine¢J contribution Felifemenl benefit schernes are charged 35 an expense as they fall due
1.12 LÈasÈs
Leases ale classified as finance le35es whenever th? terms of the lease transfer subslanlially all Ihe risks and
rewards of ownership to Ihe lessees All other leases are classifieo a5 op2raling leases
Assets held undei finance leases are iecognised a5 assets at ihe lower ol the assets fair value at the date ol
incepiiDn and the present value of the mifiimurv lease payments The relèied liability Is included In the balance
sheet as a Iinance lease obliga110n Lease payments ?re ireated as consisting of capilal and interest
elemenls The interest Is charged lo nel Incomellexpendilurel for Ihe year so as lo produce a constant
periodic rale of interest on the remaining balance of the liability
Critical ?¢counting estlmates and ludgements
In the ¥pp1icalion of the char11y s accounling policies. the Iiusiees are required to rnake iuOgemen15. estimate5
ane ?s5umpts"ons 8t)oul the carrying amount ol assets and Iiabililies that are not readily 8pparenl Irom other
50Ufces The estimaies and 85socialed assumptions 21e based on historica1 experience and other t8clor5 thal
are considered lo be ielevanl Actual results Inay differ from these estimates
The e5tiTnaies and underlyirig £ssumplions ère revie%¥ed on an ongoing basis Revisions to accounting
e51imales are iecognised In the period in which the esiimate is revised where the revision affècis only Ihal
peritsd, or In the period of the revision and future periods where Ihe revision affec15 both current and future
peiiod5
Income from donattons and legacle5
Unrestricted
lunds
2026
Restricted
funds
2026
Total
Total
2026
2025
Oonaiions and gifts
Grants
388
3.600
3,036
291 103
3,424
294.703
10.8D1
246.965
3.988
294.139
298,127
257,766

PARTNERSHIPS FOR WELLBEING LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2026
Income from donations and legacies
Icontinuedl
Unrestricled
funds
2026
Restrictèd
funds
2026
Total
Total
2026
2025
Grants
NHS Highlanij
Paths Fof All
Highland Counc¢l- Commtsri Good FunLI
Highland Council- Communiiy Tran5POrt
Bank of Scotland Foundation
HTSI - Menial Health and Wellbeing
SCSP- P8lhs Foi All
Garfiel(J Weston Foundalion
ArnolLI Clark Cornmunity Funa
National Lottery Cornmunity Fun
Highlands & Islands Climate Hub
Transpry1 Scoiian(J
Cycling Scoiiand
Susirans
People's Poslcode Trust
Foundation Scotland
The HDH Wills 1965 Charilable Tru51
Energy Savings Trust
Alpkil Founojalion
Highland5 and Islands Enierprise
Barchester's Charilable FoundatlDri
Scottish Rural A¢lion
Highland Council- Community Resilience
Hugh Fr¥5ei Foundation
The Sleffoid Tru51
rierkin¢h Cornrnunily Centie
B3ily ThoTDas SMB Charilable Fund
72.930
19,7D3
2,800
12.800
24.000
5.833
72.930
19.703
2.800
12.800
27,600
5,833
67,979
24,167
5.000
12,500
27,600
11.579
3,332
5,000
1.000
4.500
150
7,207
7.400
2.387
25,000
2,600
2.000
31.068
200
3.696
2.500
200
3,600
30,000
30.000
4.125
150
5,955
4.125
150
5,955
500
500
69.647
69.647
5,210
6.000
3.250
25,000
3.200
5.210
6,000
3.250
25.000
3.200
3.600
291.103
294.703
246,9S5
Incomè from other tracSln9 actSvitiÈs
VnreslFicted Rtstrlcted
fur4d5
funds
2026
2026
Total Unrestricted Restricted
funds
funds
2025
2025
Total
2026
2025
Friendship Club Fees
P4W Tiansport
854
854
40.138
40.13&
36.936
36,936
Olhei trading activities
40.138
854
40.992
36,936
36.936

PARTNERSHIPS FOR WELLBEING LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
Income from Investmen15
Unrestr*cted Restricted
funds
fund5
2028
2026
Total Unrestricted Restrl¢ted
lunds
lunds
2025
2025
Total
2026
2025
Deposit Bc¢ouAt Inlere$i
837
837
1.389
1,389
Othpr income
Unrtstricted Resiilcted
funds
fund5
2026
2026
Total Unrestrltted Re51rlct•d
funds
funds
2025
2025
Total
2026
2025
Nel gain tsn disposal ol
tangible fixed 555els
85
85
3.762
3.762

PARTNERSHIPS FOR WELLBEING LTD
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
Expenditure on ¢haritable actlvitles
P4W P4W Walk
Tran5POrt
2026
Total
P4W P4W Walk
Tr?n5POrt
2025
Toial
2026
2026
202S
2025
Direct costs
Staft costs
Deprecialion and
impairment
Rates and watei
Insurance
Light and heat
Telephone
P051age and slalionery
Sundries
Motor and tfavel
Rent
Repairs and ma1nlenance
Bank charges
Refreshments
Eqkjipmenl and venue
Ire
Festival of walking and
wheeling
Frien¢ship club
83,455
54.393
137.848
82,334
58.011
140.345
38.060
5S5
1,258
3.037
3,360
7.018
2.771
594
1,259
3.037
4.036
7.356
606
698
9.750
239
417
3.ODD
40.831
30.610
1.314
1,154
3.484
3.481
10,446
843
23,894
9,643
677
390
2.078
1,627
1,313
32.237
2.627
2,308
6.968
7.596
20,175
1.358
25.366
20.487
2.056
780
4,383
2,517
6,074
7.396
14.374
1,317
44.225
19.500
550
804
6.410
3.484
4,115
9.729
515
1.472
10,844
1.379
390
2.305
43.527
9,750
387
3,41Q
169
1.659
1.828
78
1.089
1.167
5.200
5,200
4.147
4,372
4.372
4.868
4,147
4,868
199 195
95,015
294,210
175.294
101.799
277.093
Share of support and governance costs Isee note ei
Ggvernance
4.231
5202
9.433
3.098
3,757
6,8SS
203.426
100,217
303,643
178.392
105.556
283.948
Analysls by fund
Re51ricled fund5
203.426
100,217
303.643
178,392
105,556
283,948
S4FPPOrt costs allocated lo actlvities
2026
202S
Governance c¢5ts
9.433
6.855
Analysed b?￿een..
P4W Transport
P4WWalk
4,231
5.202
3,098
3.757
9.433
6.855

PARTNERSHIPS FOR WELLBEING LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
Support costs allocated to 8¢tivities
Iconlinuedl
2026
2026
Governance c03ts eomprise..
Independent ex$mination fees
Accounlancy
Legal aniy professional
3,876
3,413
2.144
1,650
2.970
2,235
9.433
6,855
Nel movemènt in lund5
2026
2025
The nei movemeni In Yunds Is staled after chargingllcreLlitingl
Deprecialion ol ownecj tangible fixed assets
Piofit on disposal of tangible fixed asse15
40,831
1651
32,237
13.7621
10 Independent examinèr's fee
2026
2025
Examination of Ihe financi81 slatelnents
Examination of the financia15 Statemen15 In the prior year
2,640
1.236
1,650
3,876
1.650
11 Trustee5
None ol the Irusiees lor any person5 connected with Iheml received any remuneralion or benefiis from the
haiily during the year
12 Ernployees
The aveiage monlhly number of emp1tyees dunng the year wa5".
2026
Numb•r
2025
Number
10

PARTNERSHIPS FOR WELLBEING LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
12 Employees
(Continued)
Employfflent costs
2Q26
2025
Vvages and salafies
Other pension cosis
133.969
3.879
136.420
3925
137.848
140.345
There were no ernp1oytres whose annual remuneration was more ihan £60.000.
Remuneration of key management peTronnel
The rernuneTation ol key management personnel wa5 as folbws..
2026
2025
Aggre9ale Gornpensaiion
2S.070
27.932
13 Taxatlon
The shaiily Is Exempi from laxalion on rts ?clivilies because all ils Income Is applied ftsT charitable purposes
14 Tangible liyed assets
Plant and Fixlures and
m•¢hinery
fiitlngs
Motor
vehiclfjs
Total
C05t
At 1 April 2025
Ad(Jilions
15,592
19.189
2.866
149,824
108,066
184,605
110.932
At 31 March 2026
15.592
22.055
257,890
295,537
Depreciation and Impalrment
At 1 April 2025
Depreciation ch3rged in Ihe year
2,263
3.898
15.683
1.672
40.228
35.261
5B,174
40.831
Al 31 March 2026
6.161
17,355
75.489
99.005
Cafrylng arnount
Al 31 Marth 2028
9,431
4.700
182.401
196,532
At 31 March 2025
13.329
3.506
109.596
126.431

PARTNERSHIPS FOR WELLBEING LTD
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2026
15 Deb¢0
2026
2026
Amounts falling due within one year..
Tiade deblors
Prepayments and accitsed income
847
,550
426
28.448
37.397
28.874
16 Flnance leas¢ obligations
Future minimum lease payments due under fjnan¢e lease5.
2026
2025
Wilhin one year
Within Iwo and five years
2.S72
14,569
2.572
16,927
17.141
19,499
17 Creditors.. amounts falling due wilhin one y¢ar
2026
2025
Notes
ObS1galions under finance leases
Other laxalion and social Security
Deferred incorne
Tra¢e creditors
Other cfedilors
Accruals
16
2,572
2.478
12,791
37.586
1,600
3,696
2,572
2.170
30,792
19
1.071
4.138
60.723
52,502
18 ¢reditOT5-. amount5 fallin9 due aftèr morè than one ye3r
2026
2025
Note5
ObligatiDns undef finance leases
16
14,569
16.927
£17.141 12025 £19,499) ol secured debts ale included within creditors
19 Defeired income
Deferred Income is Included in Ihe financial siatemenls as lollow5'
12

PARTNERSHIPS FOR WELLBEING LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUEO)
FOR THE YEAR ENDED 31 MARCH 2026
19 Del•rr8d Income
IContlnueOI
2026
2025
Deferred incorne 16 included within".
12.791
30,792
2026
2025
Movemprrts In the year
Deferied income al l April 2025
Released from previous periods
Resources deferred In Ihe year
30.792
129,7921
11,791
26,692
126,6921
30,792
Delerred income al 31 Maich 2026
12.791
30,792
Defeired Income relates to grant Income received in advance
20 Rèiirement benefit 5¢hemÈs
2026
202S
Defined contribution schemes
Charge to profjt or105s in respeth ol defined conlfibulion seheme5
3,879
3,925
The charity Dperaies a defined ¢ontribulion pension scheme for all qualifying employees The assets of ihe
scheme are held separately from those of the charily In an independently aclminislered fun¢J
21 Restricted fund5
The westricted furids of the charity comprise the uneKpenaed balance5 of donation5 and grants held on irusl
subieGI to specific condiiions by donors as lo how they rnay be used
Al 1 April
2025
Incoming
resources
Resources
expended
Transfers At 31 March
2026
P4W Walk
P4W Transport
22,803
135.089
74.195
220.798
1100.2171
1203.4261
3.219
152.461
157,892
294.993
1303.6431
3.219
152,461
13

PARTNERSHIPS FOR WELLBEING LTD
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
21 Restrlcted funds
Iconllnuedl
PTe¥FOU$ year:
At l April
2024
Incomlng
resource$
Rèsources
expended
Transfets At 31 March
2025
P4WWalk
P4W Transport
13,344
128,643
115.015
184.838
1105,5561
1178,3921
22,803
135.089
141.987
299.853
1283.9481
157.892
The P4W W￿lk fund 15 to support the HÉallh Walk pr￿lamme which offers vpportunities lo irnprove physical
health whi.'e enjoying the social benefits of regular group activity
The P4W Transport fund 15 to support Ihe Community Transport seryice which offers reliable. acce55ible
transport helping people maintain their independence.
22 Unrestflcted lunds
The unre51riciecS funds of the charity comprise Ihe unexpendeES balance5 of donalions and grants wh1ch are
not subject Io specific conditions by donors and granlors as to how they may be used These indude
designated fund5 thich have beén sei 251de out of unre5tricied funds by the liuslees for specific purposes
Tfan5fÈrs
At 31 March
2026
At 1 April
2025
Incoming
resources
Designated fund
General funds
39.997
39.997
41.829
45,048
13,2191
39.997
49.048
13.2191
81.826
Previou5 year..
At1 April
2024
Incoming
resource5
Transfe￿ At 31 March
2025
Designaieol fund
General fund5
36,000
3,997
3,997
13.9971
39.997
39,997
39.997
Transfers
In the currenl year a translei was ￿?￿e to release vnTestriEied funds lo meet a deficil the restricted lund5
In the prior year a transfei was made lo release funds lo meet Ihe reserves policy.
14-

PARTNERSHIPS FOR WELLBEING LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2026
23 Analysis of net assets btlween funds
Unrestflcted
funds
2026
Restrlcted
funds
2026
Total
2026
At 31 Ma￿h 2026=
Tangible assets
Current assetsll11a￿-liliesI
Long term1iabililies
196,532
129.5021
114.SS91
196.532
52 324
114.5691
81.826
81,826
152.461
234.287
Unre5trlcted
funds
2025
Restrlcted
funds
2026
Total
2025
At 31 March 2025..
Tangible assets
Current asseisllliabililiesl
126,431
48,388
116.9271
126,431
88.385
116,9271
39.997
39.997
157,892
197.689
24 Related party transactlons
There were no (Jisclosable relate¢J p8rty transactions ¢urin9 the year12025- none)
15-