FRIENDS OF PITTENCRIEFF PARK Annual Report & Financial Statements For the year ended 30 September 2024 **----- Start of picture text -----**
Scottish Charity Regulator
Registered SCIO
$C037721
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ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 CONTENTS Truslees. Annual Report........................................ . .... ................................................................... Ind8pendenl Examknefs ReFQrt............................................................................. Statemeni ofRecelFts & Payrr*nts................................................................................................... Statement Of8a￿n￿$..................................................................................................................... Notes lothe Flnanoal strt￿￿nts..................................................................................................... 9-10 TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 The trustees present Iheir re￿rt and finanaal stalements t(Wher wlh the iThJ8poThJent exam￿0￿$ roport for ltte year ended 30 SeFrternt*r %)24. REFERENCE AND ADMINISTRATIVE DETAILS ChaKity nam• FrierKls of Pittenuieff Park Chaiity number SC037721 25 Hailes Place Dunfermline KY12 7XJ Websit¢ •ddress 7hMw.frieThtsofpttencr1effpa￿.Org.u￿ Trustse8 oth•rtrustees who served durfng th• year Bankers Royal Bank of Sc#)tland plc 52-54 East Port Dunfermline KY12 7H3 Independent examin•r TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 STRUCTURE GOVERNANCE AND MANAGEMENT Govemlng Document Th8 charity was preNv)usty 8 cx>rnpany lkntted ty guaranle& 8n regèn8rallon).' F￿0ViSIOn of reueation81 faciliti￿. or the org8nsalion of reueational activit￿$ with the oLioL* of Impro￿n0 the conditions of life for the ptsons for whom the farilli￿5 or aixlblt￿s are Intended.. and advgncernent ol en¥lronrnental proleclxln or knpYo¥emgnt. In i)Jrtherance of these objects, the organlsatlon seeks to: woth lor the enhancemerrt, mai)tenance arKI use of Pbttoncrleff Pafk Dhe Park?, Dunfemllne for thg benofil of Ihe putAIc; prote(a the n8tural bgauiy and help lryyove tIKg existiw faciltles and resour￿5 ollhe Path,. aThJ Increase publlc awareness of the Park aThl Is en¥irons. ACHIEVEMEhrrs & PERFORMANCE Thls perlod hos ag8ln been ￿moth9b1e wllh, a continued hvJh be￿1 of volunteer efft)rt, ¢ommttment, and enthusiasm to be invol¥ed, lo make Pittencrieff Path a great green space for all to enjoy. Thks has Ind￿led most S8tlsfadory Annual Planl Sale, and a great oprK)rtunity to shcMI case our wormjerful park with the vtsll In April by the TV broadcast team Beech Grove Garoen co￿[¥¥j sorn8 of the ¥fjlunteer efforts we G9ry Out In the path. The Voluntee￿ havp also ￿MItted to m8kn1owI areas ol the gar(len uKluding the Lairds Garden and the Heather Beds areas at the Crossroads aThJ wllh Ihe very weknme help from the k)cal B & Q br8nch improved the open area at Ihe Glen PaNilion. and at the Greenhouse 8ie8 with the insts1￿10n of planl containers and bench seats. The challenge of nuff*ers of has reqUI￿d Ihe Friends to recognise oui responslbilty In ensuring 8 safe and worthwhile experience when assistin9 in the gardens and this is being addressed. TRUSTEES, ANNUAL REPORT FOR THE YEAR ENtED 30 SEPTEMBER 2024 FINANCIAL REVIEW Over¥leaT The folkning table prov*Jes a summary of our rece¥ts antt paYff￿nts lorthe year. 2024 2023 Receipts Poyrnents Surpiusl(Defi¢lt) for year 1,817 2,594 17771 3,455 2.698 757 Donat•d Facililie• & S•rvk The Glassroom section of the greenhouse li tho Park ccrfttinues to be &￿VIded by Fife Coun¢ll for u56 by the trustees al no char98. ftK which trustees are vory grntefvl. Ru•rv•• PollGy The t￿￿teeS consbjer th8t around £30fy£5(KJ 15 aft approkytste leNel of ￿serveS to hokl lo meet day-l¢>day running Gosts. given Ihal alnv)st all the charily's a￿1￿￿11e5 are granl fvntted or met from furvj ralskng events. Free reseThes al the year4nd worn: 2024 2023 Total funds •,112 12001 12.9091 6.003 10,127 L￿.. Tools and 0qulFrf￿t Less.. RestrirAed furKts (4,282) 5,845 Freè résèrvès 8S th 30 SéFrternber 2024 Ibl reseTrps are hyhgr Ihan the tor9el rarvJe. thg Intenlkjn Is Ihat the lunds WUI be spent on further enhancemenl of the Pa FUTURE PLANS Lookwtg to the comlng ye8r we are hopeful to achlevhg our airng 8$ Set out in the Forfoes Pfojec*. our aspirations in achi8vlng the westy￿u5 Green F* aCcreditat￿n In th8 comiry year. 8nd lo work wlth the Dunfemline Green Spaces team to assi51 In thè aehi8vem8nt of fvlurn klenllfigd I￿OIe(￿S thot WIU obtaln our overall aim in making PIlten￿7eff pa￿ a great for a4 to APPROVAL Thls ￿port was appmved by the trustees on 27 Marth 2025 aThJ strJngd on Ihetr bghair ty.. INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 Indewndenl Examlrnrf8 Report to the Trustees of Friends ol Pitt•neri•ff Park I report on the ffnancial statements of the charlty for the year eTrJed 30 Seoembor 2024, whth aro Set OLrt c paoes 7 to 10. R•8p•ctlv• r•$pon$lblllllo8 of Tru8ts•$ and Examlnor The charity's trustees gr8 resFonsibl8 for the prepar8tion of the financial 518tements in 8ccL)nl8nce wlth the lems of the Charities and TNstee Investm8nl (S￿lI8nd) Act 2005 ￿he 2005 Act,? and the Chaiitles Accounts (Scolland) Regulatlons 2006 (as amended) (Ihe 2006 Regulatlons,). The trustees cOns￿er that the audit requlrement of Regulation {10)(1>{d> of the 2008 R￿ul9110n$ does nol ath. It is my re$ponsibility to oxamine (he fiftaN¢ial statemetits under section144)11)1¢) of th¢ 2QQS A¢a and to stato whether partlcular matt8rs h8ve come to my attentKJn. Bas18 of Ind•pendont Exarnln•rf8 Statement My examinallon is c4rried out in 8¢coryl8nco with Regulation 11 of the 200e Regul8tR)ns. An examlnatlon Indudes a revS&w of the a￿ountIng ￿CordS kopt ty Ihe ch8rlty and a comparlson of the financlal st81emenls presented wmh those records. M 81s0 In¢lud9s conslderatlon of any unusual ttems or dlsdosures In the financial slatemenls, and seeks explanallon3 from the trusl8es conceming any such matters. Tho procedures undertaken do not provide all the emdence that woukj be required In an audit, and consequently I do not express an audll oplnlon on the vlew glven by Ihe fin0￿CjaI statemenis. Ind•p•nd•nt Examln•rf• 8talom•nt In connec*lon wSth my examlnatlon. no mBtter came lo my attention: whlch g￿83 me reasonablè cause to belleve that In any materfal rgspect, the requlrnments lo kè8p accounlino records In accordance wtih so￿l0n 44(1)(8) of Ihe 21)05 Ad and Regulallon 4 of Ihe 2008 Regukqtlons, and lo prepare fln8nclal statements whlch accord with the accountlng reGord5 and comply with Regulation 9 of the 2006 Regulatbns have not L*gn mel. or 2. lo whlch. In my o￿nIon, 8ttentlon shoukl be drawn In or(ler lo enable a proper und8rstandlng ol the fin8ncl81 st8lem8nts io te reached. STATEMENT OF RECEIPTS & PAYMENTS FOR THE Y84R ENDED 30 SEPTEMBER 2024 Unrestricted Reslrlcted Total Total Funds Funds 2024 2023 Recelpts Donations Membèrship subscriptions Other donatlons 30 115 356 356 1,105 970 Grants 651 661 Trading re￿1[￿ 780 1,265 3.455 1,166 651 1,817 Paymonts Trading costs.. Plants for greenhouselresale Other charilaNe activities 274 274 Events 358 358 577 Plants and materials 1,428 1,428 171 Public Ilabillty insurance Sundries 171 112 112 57 Tools and equipmenl Website 92 92 109 109 228 Govemance costs Charity donation in lièu of Independent examinalion fee 50 808 1,786 2,694 2.698 Surplusl{Deficit) for wr 358 {1,135) (7771 757 The Notes on pages 9 to 10 fom an integral part of these financial ststements. STATEMENT OF BALANCES AS AT 30 SEPTEMBER 2024 unreslri￿od Restricled Total Tot81 Funds Funds 2024 2023 Funds Reconcillation Balance as at 01 October 2023 5,045 358 9.689 17771 8,912 8,932 757 Surplusl(DeficAt) for year Balanc* as at 30 September 2024 (1.135) 2.909 8.003 9.689 Bank & Cash Balan￿* Cash at bank 5,990 13 2,909 8,899 13 9,643 46 Cash In hand 6,003 2,909 8,912 9,889 Other Ass•ts Debtors ZJ8 Tool$ and 4uiynent 200 200 200 200 438 LlabS1tt1•* Credltors The Notes on pgges 9 to 10 form Wn Integral PArt of those Ilngnclal stgtoments. These financlal statements were approved by Ihe Irustees on 27 mS￿h 2025 and signed on thèlr behalf by.. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Basls of Preparatlon These financial slatements have been prepared on the receios & payments basis in accordance wilh: (8) The Charlttès and Trustee Investment (ScotlaThD Acl 2005 {b) The Charities Accounts (Scottand) Regulations 2008 las amended) There ha￿ been no changes to the bask5 of preparallon or lo Ihe we￿OUS yearfs finandal statements Fund A￿oUntIng la) Unr¢strf¢a¢d fynds are those that t* expended al the dlscfetion of the trustees in ttte furtherance of the otlects of the chaiily. (b) Reslrlcted funds are Ihose Ihat may only be used for spedfic purposes. Restrlctions arise when specrfi8d by the donor, or when funds ar8 ralsed for spe¢rfl¢ purposes. The purpjses of Ihe funds are sh¢ywn in Note 8. T•xatlon {a) The charlty Is not Ilablg lo corporatlon tax or c8pltal galns tax on #s cha￿able 8ctlvftb8s. (b) The charity is not registered for VAT, thus all costs are shown indusiva of VAT charged. Trus1•• rnmun•rntlon No remunerallon was palj lo trustees durfng Ihe year or In Ihe prgvlous year. Tru8tao •xp•nv• No ex￿￿$88 were reimbutsed lo Ihe trustees durlng the year or In the pre￿Ou$ y88r. Trangactlon• wlth r•lat•d pirti•i There were no related party tTansactlons durlno thè year or In lh8 pre￿ouS year. NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 30 SEPTEM8ER 2024 Movements In Funds 30109120fJ Receipts Paymènts 3010912024 Unrnstrict•d Funds General Fund 1.166 (808) 6,003 R•strlct•d Funds Eyents (Isaj (260) (153) (1.015) (1.786> 441 Fif8 Climate Hub Orcha 391 Pl8ntirYJ 3.483 651 2,909 Total Funds 9,689 1,817 (2,594) 8,912 Purpom of funds General Unrestrkled funds that can be eXper￿ed 8t tho dlscretlon of the Injstees in hjrtherance of the oL¥'e(As of the charity. Grnnl fund1￿ recei￿d towanls the e¥*nts in the Path. FuThlirKJ 01 £250 from Adknn Earth ttrwanJs the cost of the orchard lo bo recei¥*d n 2024r25, once expenditurn has been completed. Grant fuThliw recei4fjJ from Fife CouncH lowards the purchase of Events Or(*t8r P￿ntIng 10-