prrcAPLE ENIARONMENTAL PROJECT SCIO SCOTTISH CHARITABLE INCORPORATED ORGANISATION UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Charity Nurn￿r SC036745 PITCAPLE ENVIRONMENTAL PROJECT SCIO CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 ￿RCH 2025 CONTENTS Soclety Infomats'on Page Report of the Commrttee of Management Statement of Financial Ath'vities (including Income & Expendrture) Balance Sheet Notes to the Flnanclal Statements 8-11 Independent Examiners Report 12 PITCAPLE ENVIRONMENTAL PROJECT SCIO FOR THE YEAR ENDED 31 MARCH 2025 SOCIETY INFORMATION scorrisH CHARITABLE INCORPORATED ORGANISATION CHARITY NUMBER: SC036745 COMMirrEEOF MANAGEMENT The Committee of Management who served the Trganisation duriry the period were.. PRINCIPAL CONTACT ADDRESS INDEPENDENT EXAMINER: PITCAPLE ENVIRONMENTAL PROJECT SCIO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Page The Trustees present their report with the financial statements of the Society for the year ended 31 March 2023. The Trustees have adopted the provisions of the Financial and Reporting Standard Statement of Recommended Practice (SORP) 102 ' Accounts'ng and Reporting by Charities" (revised 2015). the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotiand) Regulations 2006. STRUCTURE, GOVERNANCE & MANAGEMENT The organisab'on converted into a Scottish Charitabl• Incorporated Orgainsalion (SCIO) on the 30 April 2021. This means that it is no longer a charitable industh'al and provident society and from that date is a SCIO having charitsble status under the Chariti'es and Trust Investment (Scotland) Act 2005. The business of the society is managed by a board of trustees who meet on a regular basis throughout the year I reporting period.The Trustees are appointed or reappointed by the members at the Annual General Meeting which is held each year I reporting period. There should be a minimum four and a maximum of eight trustees. The Board strives to ensure that the trustees are informed and educated on their role and responsibilities. The day to day administration of the soctety is undertaken by Colin Stirling Chaimian, lain Fraser Treasurer.and Daniel Smith. The nomal financial year end date of 31 March, in line with that of Aberdeenshire Council.. The company provides support to the Pitscurry training activrties and facilities. OBJECTIVES AND ACTIVITIES The objectives of the charity a￿ to assist Aberdeenshire Council at their Pitscurry Site to., provide training and support for adults with leaming or physical disabilities. . identify support capacities within the local communty. promoting initiatives to support integration of adults with special needs and ' sustsin and improve the facilth'es at Pitscury with a focus towards their environmental impact using sustainablé energy technologies To meet these objectives the society a¢￿pt5 donations and grants. The society is fortunate in the support rt has received from a number of volunteers. These volunteers give their time and talents to the projecL PITCAPLE ENVIRONMENTAL PROJECT UMITED Page REPORT OF THE TRUSTEES ACHIEVEMENTS AND PERFORMANCE Chairman8 Report f(￿ the year erKled March 2025: This last year has been ono of getting the proje(* up running again at fvll strength. Everyorn Is delighted to see the servica users back on Site e￿JoyIng the faa.1i1￿. The donats'ons h￿e conts'nued to come in and there are a number I￿1¢h have made various purchases posslble. There has been 8 need for a small tractor with acce&8orie3 some ts'me it is ￿th thanks lo the Robertson Trust that this has now been purchased. ft will make snow cleann9 and sall spreadkng so much easier apart from the transport of equipment and ￿nsuMable$ ￿Und ts slte. We have c￿Verted the Interpretab'on Centre building into a bakery and fvnding has corrfj in to support thls project from var￿uS sources i￿luding Groundworks whose donation has made purGhase of an oven posslble. ￿thOUgh the board is disappointed that the Buzzard Café and Craft StK)p has dosed, PEP wll maintain rts support of Pitscury Site Management in the integtalion ol adults wlth speaal needs because of leamin9 or physical disabilits'es and provide training and support to lrnprove thelr prac￿1 Sknlls, gain K)rk experien￿ and contn.bute lo IoGal Gommunlty FYojeGts. The ￿vItIeS contsnue to InVo￿e gardens wth greenhoitses & polybjnnels pro¢Yuang, flowering plants, soft frult and vegetables. We have recelved a legacy of £1.945 from the estste of Peter S￿1th donatforB from the Gwd News Trust of £2,000, Boskaiis of £ 250, parent fund rai&ng fro of £ 53 and £165 trom the Fett8mear Gardening Club on it f £ 350. personal donat'ons is money comes without 8peclffc projects in mind which allows us to allocate actording to need as unrtstri¢Xed funds. The path to the Sensory Cabn was f¥ frorn salisfactory so using the unrestrthd lund we have been abl8 to constrwt a F￿0￿r Concrete path suitsble for %thealthair &ces8 on a dfficult slopirYJ site. The cycle tr&k instslled before Covid nilty to keep the site from becoming dere&ct and wlth great enthusiasm continued to improve, expand the facilrties and guKle the seNice users through their Ime at Prtscurry. This projeGt was devlse(l ttj provkle meanlngful tralning and to give thern a fuller more complete life and the faciltties to reach their fvll potential. To this end our f￿d rasing and improvements around the site reinfon% our core aim. All thÈ gervtè ugers •njoy tho work and fr￿ndShip with Ihe stsff and other 8er4ice Users. Many thanks to all cor￿eMa￿. prrcAPLE ENVIRONIAENTAL PROJECT UMrrED Page REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Chairmans Report for the year ended March 2025 - C￿t￿l￿ed Durin9 tha period PEP Ltd ha3 received fvnding fron: R8strict8d Grants and Donatlons Fetternear Gardening Club (m dosuro £165 Unrn•trict•d Grants and Donatlon• Good News Trust £2,000 Boskalis Donation £250 Sandra Stephen - Parent fund raising £350 Legacy from the estate of P8ter Smith Personal donations £1,945 £53 Total Donations and Grants £4,763 Chairman. Data.. 29 October 2025 PITCAPLE ENVIRONIAEKfAL PROJECT LIMrrED Page REPORT OF THE TRUSTEES FOR THE YEARENDED 31 MARCH 2025 FINANCIAL REVIEW PEP'S Income in the year to M￿h 2025 ¥fdS £ 4.763 down from £ 29.380 in the pri(Y year (March 2024). Ex￿ndItUre on charitable activities in the year w3s £ 1,288 compared to £ 32.711. Expendiure has been delayed until additional funding required for ts bakery is krrt?￿ and Ab￿deenShlre Health and Social Care Partnership has completed its financBI revEw of Day servI￿s in June 2025. The Charty's reserves have increased by £ 3,548 to £ 30.652 frorn £ 27.194 . Restricted Reserves increased by £ 165 to £2.609 (2024: £2,444) a￿1 Unrestric*ed Reserves in(yeas8J by £ 3,293 tD £ 28.043 (2024 £24.750). It is the policy of PEP to maintsin funds at a levd suffiuent kn meet planned expenditure. Furlher comments on this are recorded In the Chairman's ReFofL PLANS FOR FUTURE PERIODS See Chalmians. comments In achievements and perfomEnce. THE TRUSTEES. RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMEKrs The Trustees are ￿qUired to prepare accounts for each fin￿G￿l period %thich gNe a and fair view of the stst8 of affairs of thè socièty and of tho surplus or deficit for thg ￿r￿￿. In preparing these ac¢ounts the committee of management aio required to.. - Select surtable accounting wjlicies and then appty thexn consistenty - ob*Ne the methots and principles in the ChatTties SORP. - Make judgments aNJ estimates that are reasonabl2 and prudent - Prepare the accounts on the going concem basis unless it is inappropriate tD presume that the society will conb.nue ts activities. The Trustees are responsib￿ for keeping proper accountng records which discbse with reasonable accuracy at any time the financial p￿S￿"0n the society to enable them ID ensure that the accounts comply with the Rules, the char￿eS and Trustee Investrnent (Scotland) Act 2005. the Charities Accounts (Scotland) Regulations 20C6 and Reporting Standt&d Statement of Recommended Practice (SORP) 102 ' Accounting and Reporting by Charities" (rovised 201 S). Thw ara also responsible for 88feguarding the assets of the society and hence for taking r&qsonable steps for ￿ PreVen￿n and detection of fraud and other irregulantss. On behalf of the Trustees airperson Treasurer Date.. 29 October 2025 PITCAPLE ENVIRONMENTAL PROJECT SCIO Page INCOME AND EXPENDITURES FOR THE YEAR ENDED 31 MARCH 2026 Unrnstrfct•d RoStrfct•d Totsl Fund8 Fund8 Funds 2025 2025 2025 Total Fund8 2024 Not• INCOMING RESOURCES Incomlng r080urce8 from gonerated funds Donatlons and Grants Bank Inter6St Activities for generating funds 4.598 165 4,763 28,843 381 Totsl In¢omlng rn8ourc•8 165 Unrnstrleted Restrlctod Fund8 Funds 2025 2026 Total Funds 2026 Tot41 Fund8 2024 RESOURCES EXPENDED C08t8 of g8n•ratlng fund8 Costs of generating voluntary incom8 Charitable activities Govemance costs 1,288 18 1.288 32.711 Totsl Ro8ourc•8 •xp•nd•d NET INCOMING I (OUTGOING) RESOURCES 3.293 166 3A68 4.331 Funds brought for*vard 24.760 27.194 30,525 Total funds carrled forward 28,043 27,194 All incoming reSoUr￿S and resour￿5 expended derive from continuing activrties. The notes form part of Ihese financial statements PITCAPLE ENVIRONMENTAL PROJECT SCIO Page BALANCE SHEET AS AT 31 MARCH 2026 31 March 2025 31 March 2024 FIXED A&8Ers CURRENT A88ET8 Debtors Cash at bank and in hand 32,167 34,112 CURRENT LIA81LITIES Creditors - Amounts falling due within on8 year 2,351 NEf CURRENT ASSETS 30.662 27,194 TOTAL ASSETS LE&8 CURRENT LIABILITIES 30.652 27,194 31 Mar¢h 2026 31 March 2024 SHARE CAPITAL 14 NIA NIA FUND8 Restricted Funds Unrestricted lund8 11 11 2.609 28,043 2W 24,750 30,652 27,194 TOTAL CHARITY FUNDS 27,194 ONI BEHALF OF THE COMMirrEF OF MANAGEMFTrfr . airman Treasurer Appmved by the Society on 29 Oc*ober 2025 PITCAPLE ENVIRONMENTAL PROJECT SCIO NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POUCIES The financial statements have been prepared under the historical cost conventlon. In accordanc8 With th8 Financial and Reporting Standard Ststement of Recommendad Practlce (SORP) 102 ' Accounting and Reporting by Charities" (roVi8ed 2015), the Charitles and Tru8tee Investment (Scotland) Act 2005 and the Chariti88 Accounts (Scotland) Regulation8 2006 Incomlng Mourc All incoming resources are included in the Statement of Flnancial Activiti88 (SOFA) when the charity 18 entrtled to the income and the amount can be qUant￿led wtth reasonable accuracy. Voluntary Income18 rec•lved by way of gr8nt8 and donatlon8 and 18 included in full In th• Statement of Flnanclal Actlvllle8 when receivable. Incoming resourc88 from fundrai8ing are aC￿Unted for when recelvable. R•sourc08 expendod Resource8 expended are included in the accounts on an accru81 basig. inclusivè of any VAT which cannot be recovered. Fundraising costs Indude direct expen8e8 assoclated wlth generating fundraising Income. Charitable actlvltie8 Include 811 c08ts relatlng to 8Ctlvltles where the primary aim Is part If the objectives of the cornpany. Governance costs include those costs 88gociat8d wrth meating the constitutional and 8tstutory requlrement8 and inclu(Je aeountancy and legal fee8. Fund accountlng Funds held by the charity ar&. Unrestricted general fund8 - these are funds ￿4¢h can ba used in accordance with the charitable obj8Cts at the discretion of the directors Restricted funds - these are funds whlch can onty be used for particular restricted purposes within the objective8 of the charty. Restrictions arise when specified by the donor or when funds are raised for a particular purpose. Tanglble flxed assets The chanty does not now own any fixed assets. PITCAPLE ENVIRONMENTAL PROJECT SCIO Page NOTE8 TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 DONATIONS AND LEGACIES Unrestrfcted Restrfcted Funds Funds Total 2025 Total 2024 Donation8 Grants 4,598 165 4,763 13,468 15,375 INVESTMENT INCOME Bank Interest- net 156 4,598 185 4,763 28.999 OTHER TRADING ACTIVITIE8 Unr•8trlctod Re•trletad Funds Funds Totsl 2025 Total 2024 S81es of Kindling 381 Totsl Fundraising income 381 EXPENDITURES ON RAISING FUNDS Total 2025 Total 2024 Funds Funds Free Reserve8 Fundraising Expen8e8 EXPENDITURE ON CHARITABLE ACTIVITIE8 Unr•strlctod R••trlctad Fund8 Fund8 Total 2026 Total 2024 Don8tions to PSM tOW8rds puthase of.. Gym Equipment Tractor Items puchased and donated.. Squirrel Hide Roof Plant8 for Site B8kery Oven and Freezer Wheelchair path to Sènsory Cabin 4,000 16,590 1,288 1.288 1,079 2,348 8,694 1.288 1,288 32,711 GOVERNANCE COSTS Unrestricted Restrlct Funds Fund8 Total Total 2024 2025 Administration Expenses 18 18 39 18 18 39 PITCAPLE ENVIRONMENTAL PROJECT LIMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Page 10 TANGIBLE FIXED ASSETS 2026 2024 The Society do88 not own any fixed a88ets DE8TORS: Amount• lalllng du• wlthln one year 2026 2024 Debtors, Prepayments and accruad income 1,945 CREDITOR8: Amount• falllng due wlthln on• y•ar 2026 2024 Receipts held for Pit8curry Site Management Othèr Creditors, Accrua18 and deferred income 2.198 1,262 3,460 1,382 969 10 ANALY818 OF NET ASSETS BETWEEN FUNDS Unrestricted Regtrlcted Funds Fund8 2026 2025 Total Funds 2025 Makeup of Funds Current Li8bllities 29,558 2.609 32,187 -3,460 28,707 26,098 2,609 PITCAPLE ENVIRONMENTAL PROJECT UMITED NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Page 11 11 MOVEMENT IN FUNDS At 1st April Incomlng Outgolng At 31st March 2024 Resources R•8ourc•8 2026 Restrlcted funds IEIG Grant - For gardening and site equipment Outdoor Gym Equipment and Plants 1.376 1,376 1,233 165 Total Réstrlctod fund8 16 Unrestrlcted funds Generdl funds 24,750 4,598 -1.305 28,043 Total unrestrfcted fund8 4,750 4.598 -1,305 28,043 Total funds 27,194 4.763 -1.305 30,652 12 COMMIThED EXPENDITURE The board has no capital expenditure committments at the period end ( At 31 March 2024 - Nil). REIATED PARTY TrANSAcfioNS 13 Related party is a temi used by the SORP that combines the requirements of charity law and the accounting standard FRS 102. The tenn is used to identify those persons that are closely connected to thè reporting charty of its trustees. In the period to 31 March 2025 the company had no transactions with related parti8s.(Year to 31 March 2024 - Nil). 14 COMPANY STATUS The organisation converted into a Scottish Charitable Incorp￿ated Organisalion (SCIO) on thé 30 April 2021. 15 POST BALANCE SHEET EVENTS- N I A