Perth Hyperbaric Services SCIO (A Scottish Charitable Incorporated Organisationl Scottish Charity Number SC042723 Annual Report and Financial Ststements For the yearended 310ecember 2025
Perth Hyperbaric Services Contents Reference and Admlnlstrative Details Tru5tee5' Report 4t06 Trustees, Responsibilities In relation to the Financial Statements Independent Financial Examinerfs Report Statement of Financial Attivit5e5 9tolO Notes to the Financial Statements Ilto13
Perth Hyperbarlc SeNlces Reference and Administrative Details Charity name Perth Hyperbaric seice5 SCIO (Scottish Charitable Incorporated Organi5ationl Charlty reference number SC042723 Address 62b Perth Aerodrome Scone PERTH PH2 6PL Current Trustees Alexander Pearson. Chair Joseph Cairns, Treasurer Charles Evans, Vice Chair Martin Priestley Michael McLean Ray Collier Shelagh Fulton Independent Flnanclal Exarnlner Willlam Roxburgh CA Webslte www.perth-hyperbarlc.org.uk
Perth Hyperbaric ServKes Trustees. Report The trustees are pleased to present their annual report together with the financial ststements of the charityforthe year ending 31 December2025. The financial statements comply with the Charities and Tru51ee Investment (Scotlandl Att 20)5, and the Charities Accounts (Scotland) Regulat5ons 2006 {as amended). The charlty has Income below £250,0(Jl and as such. is eligible to prepare its accounts on a Receipts and Payments basis. For good practice and to present a full financial picture. debtors and creditors are shown as notes in the accounts for information purposes. The governing document does not require the charity to prepare fully accrued accounts and neither does it require an audit. Strurture, Governance and Mana8ement Perth Hyperbaric Services IPHSI is a Scottish Charitable Incorporated Organisation and converted th from a company Ilmlted by guarantee on IS December 2025. The charity is registered with the Offlce of the Scottish Charity Regulator ISC0427231. PHS was founded to provide relief for those in need and is govemed by its Constitution. The Board are the charltvs trustees. Trustees are either elected at the AGM or co-opted. The maximum numberof eletted trustees is 7and co-opted 3.The minlmum numberoftrustees15 3. The Trustees who served duringthe year are Shown on page 3. The services at PHS are provided by a team of trained volunteers. All management and administration are also carried out by volunteers, under the management of the Chairman, Alexander Pearson. Oblectlves and A¢tMtles Charltable purposes il makin8 hyperbaric oxygen chamberls available for the provision of Hyperbaric Oxygen Therapy IH80TI to those sufferingfrom any inflammatorycondition, which includes. but Is not limited to, non- healin8 wounds, connectlve tlssue damage, tendons & ligaments and many neurological conditions: ill relieving or ameliorating many debilitating conditions whereby the quallty of Ilfe mav be improved resulting in improved general health and wellbeing: iiil providing information on, clarification of and understanding of the use of hyperbaric oxygen therapy in ameliorating many conditions,. and iv) recruiting, training and developing local citizens to be volunteers and trained operators in order to provide those services to the community. Overvlew of artlvlty durfng the perfod, a¢hlevements. and performance Over the year 2025, we ran more than 51X) diamber sessions and some 2.375 individual sessions. Most sessions were for chronic conditions. However, we had a sizeable number of users who were experiencing difficulty in their injury healing or trying to speed up the healing prosS. This is an area
Perth Hyperbarfc Servlces of particular interest to competitive athletes including marathon runners, MotoGP riders and International Crossfit athletes. Over the year we have also continued to see demand for use of the chamber to assist people with Long Covid. as we dld last year. As indicated in last previous reports. Long Covid Is a poorly understood condition. Tim Robbins of the University Hospital Warwick has published a clinical trial noting improvement by using oxygen therapy and likewlse The Sagol Centre for Hyperbaric Medicine and Research has also published a study showing similar benefits from providing oxygen therapv. There is a general frustration in the medical fraternity at the lack of progress in figuring out how to assist those with Long Covid. The Board is conscious that an elevated level of demand from those with Long Covid could swamp the resources of the Charlty- We had unusual expenditure in that we resurfaced the drive outside the building. Some of our users use mobility aids and wheelchairs. The rou8h Surfa of the drive made this difficult for them to use these alds. This was seen as a huge improvement by our users. We also improved the emergency 118htln8 and electricity consumer unit as advised by the fire risk assessor. We once again had an inspection by SMP (Submarine Manufacturing and Produrts Ltd) of the chambers and gauges. This is an important safety procedure, and its importance was recentlv highlighted by a report of failure to carry this out in commercial or8anisations in the USA creating unacceptable operating risks. The usual safety inspections by British Engineering Servlces. as requlred by our insurance. were carried out along with the normal maintenance schedules of the equipment. In 2025, we continued to hold our session cost for the user at £8 a session. This makes the sessions affordable for users and compares favourably to commercial service providers who charge between £100 and £150 per session and other charities who char8e around £35. There has been an Increase in the number5 of commerclal operatlons offerlng oxygen therapy. Many of these only offer pressure at 1.4 ATA which is the minimum pressure to be considered as hyperbaric. They tend to be expensive. We also established the use of CLINIKO, an IT system for appointments and control of income. Thi5 gives better reporting and financial control. It became fully operational In November 2025. User5 and Benefits Some of the those using the centre have acute conditions and undertake a short intenslve course of oxygen therapy whilst others with chronic conditions find they benefit from on-80ing treatment in the longer term. Most users are long term diagnosed with MS, ME/Fibromyalgia, diabetés, Rheumatoid Arthritis, stroke and the remaining. a variety of inflammatory, trauma or other neurological conditSons. These users have experienced varying degrees of relief from symptoms and continue to do so.
Perth Hyperbarfc Ser¥lces Financlal Revlew Our main Sour of funding 15 fees which are charged to users. Fee receipts in the year increased from £18.872 to £20,420 including prepayments for 2026. Costs of operating the charity increased to £26.473 compared to £23,834 in 2024. However, there Was a substantial one-off cost of £7,194 for the resurfacing of the car park area and a further £803 for new emergency lighting and other upgrades. The charity incurred a cash deficlt of £1,792 in 2025 compared to a cash deficit of £647 in 2024. We thank the Binks Trust once again for their generosity of a £3.000 donation in 2025 and for their ongoing support. The charity has adequate reserve5 to continue its operations in 2026 and indeed beyond that. ReseNes Pollcv £6,000 of the charitvs funds have been identified by the Board as a necessary Contin8ency fund to cover up to 6 months minimum cost5 if the charivs revenue is disrupted for any unforeseen rea50n Including equlpment failure. The 8oard has also identified a need to have a sinking fund for placement of equipment-the oxygen generator and compressor. Acknowledgement of 8rants, donatlons. and voluntary efft*rt PHS would like to acknowledge the support of the many volunteers who give their time as chamber operators without whom the centre would not be able to operate. And again, we are thankful to the Binks Trust for their continued support. Plans for future perlod The Trustees are fully committed to continue to provide and develop the service in 2026. The Board will also maintain its dose relationship with other Hyberbaric Centres to beneflt from share learnin ideas, and su88estions to improve the Service. The Board also Intends to continue with improvements to the Infrastructure at the centre. Discussions are ongoing for the renewal of the lease of the buildin8 at Perth Airport for a further fixed period. Approved by the Board on 14th May 2026. and slgned on its behalf by: Alexander Pearson. Trustee Perth Hyperbaric Services Charity Registration No SC042723
Perth Hyperbaric Serylces Trustees, Responsibilities In relatlon to the Financial Statements The trustees are responsible for preparing the Trustee5' Annual Report and the financial statements in accordance with applicable law. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrtty of the corporate and financial information included on the chariws website.
Independent Flnancial Examinerfs Report I report on the accounts of the charity for the year ended 31 December 2025 whlch are set out on pages 9 to 13. The charivs trustees are responsible for the preparation of the accounts in accordan with the terms of the Charitie5 and Trustee Investment (Scotlandl Act 2(K)5 and the Charities Accounts Iscotlandl Regulatlons 2CK)6. The charity trustees consKlerthat the audit requirements of Regulatlon 10111 lal to Ic) of the 2006 Accounts Re8ulations does not apply- It ts my re5ponsEblllty to examlne the ac(ounts as required under 5ertion 44(11 {c) of the Act and to state whether particular matters have come to rny attention. B¥sls ol Indepondelrt examlnerfs slat•n* My examinatlon is carried out In accordance with Regulation 11 of the Charlties Accounts1Scotlandl Regulations 2006. An examination Includes a review of the accounting records kept by the charlty and a comparlson of the accounts presented with those records. a150 includes consideration of any ynusual item5 or dlsc105ures in the acojunts and seeks explanations from the tneeS concerning anysuch matters. The procedures undertaken do notprovlde all the evtdence thatwould be requlred in an audit and. consequently. I do not e¥press an audlt opinion on the accounts. In the course of my examinatlon. no matter has come to my attLtIOn. l. whlch glve5 me reasonable cause to believethat in any material respect the requlrements: to keep accounting records in accordance wlth section 44111 (al of the 25 Act and Regulation 4 of the 2006 Accounts Regulations, and to prepare accounts whTrch accord with the èccthJntln8 records and complywith Re8ulation 9 of the 2006 Accounts Regulations have not been meL or 2. to which, in my opinion. attention should be drawn In (Yder to enable a proper understanding of the accounts to be reached. Use ol my report This report is made to the tharIS board of trustees as a bth In accordance wlth the terms of my engagement. Mywork has been undertaken to enable meto undertake an independent examination of the chartvs accounts on behalf of the charivs board of trustees and for no other purpose. To the fLtllest extent permrtted by law, I do not accept nor assume responsibility to anyone other than the charity and the charttVs board of tnJstee5 as a b. for my work or for thls report.
Perth Hyperbaric SeThices Statement of Receipts and Payments For the period l January 2025 to 31 December Z025 Unrestrirted Funds 2025 2024 Note Recelpts Donatlons Recelpts from chatable activities- fees . sale of masks Bank Interest Total ceIpts 3.120 3.120 3.051 20,420 If4) 981 24,681 20,420 160 981 24,681 18,872 iio 1,154 23,187 P•yments Charltable artlvRles 26,473 26.473 23,834 Governance costs Total payinents 26,473 26,473 23,834 Deflclt for the year 11,7921 11,7921 16471
Perth Hyperbaric Services statement of Balan¢e$ as at 3tst December 2025 Unreslrfrted Funds 57501 2025 57,501 2024 58.148 Opening cash at bank and in hand Deficit for the year Closing cash at bank and in hand 11,7921 55,709 11,7921 55,709 16471 57,501 Bank and Cash Balances - Operating Account Sinking Fund - Contingency Reserve 19,709 30,OCKI 19,709 30,OQ) 21,SOI 30,000 55.709 55.709 57,501 Ajted A55ets- unrestrlrted fvnd Cost 28,469 28,469 28.469 Depreciatlon Net Book Value 128,4691 128,4691 128,4691 The estlmated c05t of replacement flxed assets Is In excess of £45,[ Other Assets- unrostrfcted fvnd Insurance prepaid to June 26 Fees due to be received 1,300 224 1,300 224 1,524 839 1,524 839 Llabllltles- unrestrlcted hmd Fees prepald Dec 25 electrlcltv 1,618 251 1,869 1,618 251 1,869 The notes on pages 11 to 13 form an integral part of these financial statements. These financial statements were approved by the Board on 14th May 2026 and signed on its behalf by: Alexander Pearson, Perth Hyperbaric sery1$ sao Charity Registration No SC042723 io
Notes to the Financial Statements For the perlod l January 2024 to 31 December 2024 l Basls of accountln8 The financial statements have been prepared on the Receipts and Payments basis in accordance with the Charities & Trustee Investment (Scotlandl Act 2C(15 and the Charities Accounts Iscotlandl Regulations 21J06 las amended). The financial statements are prepared in Pounds Sterling. 2 Nature and purpose of funds Unrestricted income fund5 are general funds that are available for use at the trustees, dlscretion in furtherance of the oblectives of the charity. Restricted funds ère those donated for use in a partlcular area or for specific purposes, the use of which is restricted to that area or purpose. Further explanatlon of the nature and purpose of each fund is included In the notes to the financial statements. 3 Related party transactlons No remuneration was paid to the trustees or any connected persons durlng the year12024'. nil) 4 Expendlture Charitable expenditure comprises those costs incurred by the charlty In the delivery of its actlvltles and seNices for Its beneficiarie5. It includes both costs that can be allocated directly to such activities and those costs of an indirett nature necessary to support them. S Governance costs Governance costs include costs of the preparation and examination of the accounts, the cost5 of trustee meetlngs and the cost of any legal advice to trustees on governance or constitutional matters. li
Perth Hyperbaric Services 5 Donations Funds 2025 2024 Blnks Trust Other donations Total 120 3,120 120 51 3,051 3.120 6 Cost of charitsble actlvftles Unrestrlcted Funds 2025 2024 On*off ¢osts Car Park resLbrfaclng 7.194 7,194 Elertric meter & lights 903 903 Misc 78 78 228 Ongolni eosts Consumables 803 803 865 Repalrs and malntenance 6.009 11,618 Fees & InsurancÈ 3.794 3.794 2,851 Rent & Utllltie5 7,692 7.692 Trainlng Total 26,473 26,473 23,834 7 Taxatlon PHS is a registered charity and is, therefore, exempt from taxation. 8 Members, Ilablllty The charity is a Scottish Charitable Incorporated Organi5ation with no liability on members in the event of liquidation. 12
Perth Hyperl>aric Servkes 9 Property lease commltments The property lease eXpld in July 2024 but continues on an unspecified time period. 10 Related parties Controlllng entlty The trustees control the charity. Related party transartions None of the trustees were connected with enterprises which provided grants to, or received payments from. Perth Hyperbaric serViS. 13