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 se￿ice5 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 pro￿sS. 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 tn￿eeS 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 attL￿tIOn.
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 2￿5 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 tharI￿S 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 cha￿table
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 eXpl￿d 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 serVi￿S.
13