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← Renfrewshire Sports Charity

2025-05-31-accounts

Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

REGISTERED CHARITY NO: SC044738

RENFREWSHIRE SPORTS CHARITY (known as Pro-Life Fitness Centre)

REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY (known as Pro-Life Fitness Centre)

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

PAGE
Reference and Administrative information 1
Report of the Trustees 2 – 10
Independent Auditor’s Report 11 – 15
Statement of Financial Activities 16
Balance Sheet 17
Statement of Cash Flows 18
Notes to the Financial Statements 19 – 28

Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY

(known as Pro-Life Fitness Centre)

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

REFERENCE AND ADMINISTRATIVE INFORMATION

Trustees

Principal Office

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Charity Number:

SC044738

Independent Auditors Wbg (Audit) Limited 168 Bath Street Glasgow G2 4TP

Bankers

The Royal Bank of Scotland Plc 1 Moncrieff Street Paisley PA3 2BD

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Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY

(known as Pro-Life Fitness Centre)

REPORT OF THE TRUSTEES OF RENFREWSHIRE SPORTS CHARITY FOR THE YEAR ENDED 31[st] MAY 2025

INTRODUCTION

The Board of Trustees is responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulations. This report has resulted from direct supervision of the affairs of Renfrewshire Sports Charity (RSC).

The Charity operates as Pro-Life Fitness Centre, occupying the Gym at 98 New Sneddon Street, Paisley PA3 2BS.

EXECUTIVE SUMMARY

Building on previous years of growth, the Charity has had a successful year.

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Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY

(known as Pro-Life Fitness Centre)

REPORT OF THE TRUSTEES OF RENFREWSHIRE SPORTS CHARITY FOR THE YEAR ENDED 31%t MAY 2025

REPORT

The Board is responsible for the effective stewardship of the affairs of Renfrewshire Sports Charity (RSC). The Board aims to provide effective leadership in order to provide a platform from which the Charity can achieve its objectives.

The Trustees present their report and financial statements of RSC for the year ended 31° May 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland.

The Trustees who served from 1st June 2024 to 315' May 2025 were:

Related Parties

Ps a Director of ACCORD Hospice. ae : Director of Finance and Governance at ACCORD Hospice. ACCORD Hospice can benefit from RSC donations ie employed by RSC as Treasurer.a. an employee of RSC and paid by RSC for services rendered.

Governing Document

Renfrewshire Sports Charity is a registered charity, number SC044738 and is a Scottish Charitable Incorporated Organisation (SCIO) operating under its constitution. It occupies the Gym under exclusive licence with the owners Alisha Holdings Limited. The duration of the agreement has been extended until November 2033. The agreement will then expire on either party giving 28 days of notice in writing, failing which the licence shall be renewed for the same duration.

OBJECTIVES AND ACTIVITIES

The Charity will provide, advance and further the following charitable purposes (only in a manner which is charitable for the purposes of the 2005 Act and the Taxes Acts):

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Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY

(known as Pro-Life Fitness Centre)

REPORT OF THE TRUSTEES OF RENFREWSHIRE SPORTS CHARITY FOR THE YEAR ENDED 31[st] MAY 2025

Charitable purposes for which SCIO is established are furthered by operating as:

TRUSTEES

The minimum number of Trustees or Directors is three. There is no maximum. New Trustees are appointed by the existing Trustees. They receive a Trustees’ handbook. It is expected that advice concerni oard. The Board has convened with t

Board Meetings are scheduled to take place every 2 months. This allows appropriate time for regular snapshot financial overview and reporting of operational performance.

In December 2024 an audit of Trustee Skills was undertaken. The Board was of the view that there were sufficient inherent skills within the Board to allow effective function. However, it was recognised that there were weaker skills in company law, cyber security, fundraising and income generation. The Board is seeking to appoint appropriate Trustees.

MANAGEMENT STRUCTURE AND GOVERNANCE

Staff

All appropriate employment documentation is in place. Contracts and Employee Handbook have been reviewed by Beyond HR.

4

Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY

(known as Pro-Life Fitness Centre)

REPORT OF THE TRUSTEES OF RENFREWSHIRE SPORTS CHARITY FOR THE YEAR ENDED 31[st] MAY 2025

All staff and Personal Trainers have undergone Health and Safety, Fire and Defibrillator training as appropriate. There has been appropriate Disclosure undertaken by Gym and Crèche staff.

There are 11 staff members answerable to the Head of Operations (total staff 12). The Crèche operates with 2 staff. There is constant review of staff numbers based on work needs.

as assumed the role of Head of Operations. This position is associated with new salary structure dependent on recognised levels of achievement in performance parameters.

Since the position of Assistant Gym Manager had been terminated, consideration was given to supporting the Head of Operations. More responsibility has been allocated to junior staff. In addition, supervisory roles have been taken up

ving additional responsibility for Social Media campaigns and Membership, Evan for Operations and Maintenance.

This has allowed streamlining of rota hours ensuring that there will always be someone with managerial experience on duty.

cting independently, is associated with class participation and has important input to preparing financial information and interacting with banks on behalf of RSC.

Staff Movement

There is good staff retention and sufficient applications for posts which arise. There has been some turnover of Personal Trainer numbers. There are 2 Sports Massage Therapists on site. al Expert, has resigned for personal health reasons.

Staff Payment

Annual pay increase was made to all staff.

Overview of Business

Strategy and future areas of activity for RSC are fully discussed and approved by the Board before being implemented. provided regular operational details which show that RSC is providing a product to stand comparison with other gyms.

Class timetables have been altered in respons audit. Poorly supported classes have been terminated. More popular classes such as yoga have been increased in frequency.

There are 36 Instructor led classes bookable using the FitSense App. Attendance has increased and many classes are oversubscribed. There are 15 instructor led Spin classes per week with abundant opportunity for individual Spin bike use.

5

Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY

(known as Pro-Life Fitness Centre)

REPORT OF THE TRUSTEES OF RENFREWSHIRE SPORTS CHARITY FOR THE YEAR ENDED 31[st] MAY 2025

Efforts are being made to recruit instructors to provide new classes, appeal to a wider demographic and increase variety of exercise offered.

Equipment repair and maintenance programmes have kept the reputation of the Centre at a high level.

Some Membership fees and Day Pass prices were increased in April 2025 with no adverse effect on income or attendance.

The Board has stressed the importance of active publicity for the Centre and its charitable function. There has been increased social media presence, involvement of local Press and use of publicising by local Hospices. Local community magazines such as “Mill” have been used for advertising the Centre.

Estate Improvement

There are continued rolling programmes of repair, fitness machine replacement and upgrades. The steam room has been upgraded and a new spa installed.

There is a functioning digital entry system accessed using “Check In” on the FitSense mobile phone app. This has captured accurate membership data. As a result there has been an increase in fees collected. The system has been well received by members.

The Board and Management are aware of their environmental responsibility. It is hoped that energy use can be reduced. Feasibility studies concerning solar panel installation and boiler replacement have been undertaken.

EV charging points are available for members and the general public.

Expenditure on utilities remains high. It is hoped that future renegotiation of contracts will result in savings. More efficient air conditioning units have been installed following irreparable damage by a Contractor in November 2024. This should reduce expenditure on temperature control in the Gym. The current boiler unit is reaching the end of its useful life. A longterm solution for replacement is being assessed.

Improvements include:

Changing - new shower drainage and installation with upgrade to male shower cubicles.

Equipment - Nine new treadmills, 6 new crosstrainers, reclining cycling machines, new stair-mill, 2 new rowing machines, several new Panatta strength training machines and Dual Cable Cross machines.

6

Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY

(known as Pro-Life Fitness Centre)

REPORT OF THE TRUSTEES OF RENFREWSHIRE SPORTS CHARITY FOR THE YEAR ENDED 31[st] MAY 2025

Floor area - New functional area with appropriate equipment has been created on mezzanine level.

Sled area carpet flooring has been replaced in Leg Room.

New murals have been added to the lower gym improving the aesthetics of this area.

General -

New Fire Alarm and CCTV security systems have been installed. An upgrade of the sound system has allowed music to be played, or not, in separate areas of the Gym. Since June 2024, almost £246,000 has been invested in improvements at Pro-Life Fitness Centre.

Risk Management

The Trustees have assessed the major risks to which RSC is exposed, in particular those relating to operations and finances. The Trustees are satisfied that systems are in place to mitigate exposure to major risks.

A Risk Register is maintained and reviewed on a regular basis.

Current significant risk involves subsidence in the car park towards the river. This has limited the available parking, putting a strain on Gym use at busier times. Excavations have revealed deficient reinforcement at the river embankment. It is likely that a retaining wall has been destroyed during previous Council development. Temporary infilling and surfacing has taken place. It is to be hoped that all alteration and future reinstatement will be covered by the Landlord’s insurance policy.

ACHIEVEMENTS AND PERFORMANCE

Acknowledgement for RSC success in the current year has to be given to the eff s staff.

The Centre was shortlisted for the Best Gym in Scotland and Northern Ireland as well as Best Gym in UK for Community Development.

Income in the current year has exceeded £1 million. Membership numbers have increased by 484 to 3627.

Hospitality packages from Glasgow Clan Ice Hockey Club and St Mirren Football Club are available. There is also continued relationship with St Andrews Sporting Club in training of boxers and hospitality at Club events.

Several Gym-sponsored members, both male and female, have excelled in World and National Competition for Body Building, Martial Arts and Boxing.

Pro-Life Fitness Centre is an Official Hammer Strength Training Centre, Hammer Strength equipment being a world leader.

7

Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY

(known as Pro-Life Fitness Centre)

REPORT OF THE TRUSTEES OF RENFREWSHIRE SPORTS CHARITY FOR THE YEAR ENDED 31[st] MAY 2025

RSC donated £15000 to the local Trussell Trust food bank in November 2024 as a pre Christmas boost. In May 2025 £25000 was given to each of ACCORD and St Vincent’s Hospices in Paisley and Howwood respectively. Consideration has been given to whether regular monthly donation could be given to the hospices with additional annual donation as finances allow.

It is noteworthy that staff raised money for charity by participating in a Kiltwalk in April 2025.

FUTURE PLANS

The key aim is to have stable Membership levels within workable limits. The Gym is coping with the current membership of over 3600.

Greater involvement in digital and social media promotion of the Centre is underway.

Plans are in place to high clean and paint the ceiling of the Centre. There may be painting over of transparent roofing and improvement of lighting. Old lighting will be replaced by LED fixtures which should reduce electricity charges. There will be replacement of Gym flooring to support equipment use generally.

Given expected increased use of what the Gym has to offer in the space available, consideration may have to be given to extending the building footprint. Improvement of the car parking area is a priority.

It should be possible to continue regular donations to local charities, done in a way which does not compromise the running of a prime gym and fitness centre in Paisley.

Continued improvement in facilities and services offered is essential to combat increasing local competition.

FINANCIAL REVIEW

The year 2024/25 has been very successful for the Charity. The Gym continues to grow further with increased membership numbers which appear to be consistent throughout the year. The Trustees continue to support the Head of Operations and his team as they develop new ideas and initiatives as well as improving the Gym real estate. Total income increased by 12.22% to £1,217,191 from £1,084,682 in the previous year. This included an insurance receipt of £10,680 in respect of car park refurbishment.

8

Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY

(known as Pro-Life Fitness Centre)

REPORT OF THE TRUSTEES OF RENFREWSHIRE SPORTS CHARITY FOR THE YEAR ENDED 31[st] MAY 2025

As expected with increased activity and membership, the running costs of the Gym also increased in the past year by 2.6% to £1,017,338. This amount included the charitable donations mentioned earlier totalling £65,352. The main costs of the Gym remain the licence fee to Alisha Holdings Limited £236,195, staff salaries £220,236 (previous year £231,936) and utilities charges £138,755 (previous year £133,814). The Trustees continue to seek long term fixed price contracts for utilities. Depreciation for the year increased to £55,255 to take account of new capital expenditure incurred.

The Trustees remain vigilant over the level of expenditure incurred and work very closely with the Head of Operations regarding any projects or equipment being considered with the overriding objective of making sure we continue to staff and operate the Gym safely and efficiently. The Trustees are continually made aware of the competition from other gyms in the area and will always seek to retain and improve, where possible, their market position

The overall result for the year after a significantly increased amount of charitable donations still showed a healthy surplus of £199,853 compared with surplus of £95,480 in 2023/2024. The Gym remains in a relatively secure financial position at this time.

RESERVES POLICY

The Charity has always planned to have appropriate cash balances to cover up to three months’ running costs. Our estimated 2025/26 annual operating costs are forecasted to be in line with current expenditure levels, with an allowance for inflation, and are believed to be sufficient to satisfy the reserves policy.

TRUSTEES’ RESPONSIBILITIES

The Charity Trustees are responsible for preparing a Trustees’ report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in Scotland requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements the trustees are required to:

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Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY

(known as Pro-Life Fitness Centre)

REPORT OF THE TRUSTEES OF RENFREWSHIRE SPORTS CHARITY FOR THE YEAR ENDED 31[st] MAY 2025

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charity Accounts (Scotland) Regulations 2006 (as amended), and the provisions of the Constitution. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

STATEMENT TO AUDITORS

In so far as the Trustees are aware:

AUDITORS

A resolution will be proposed at the Annual General Meeting that WBG be reappointed as auditors to the charity for the ensuing period.

This report has been prepared in accordance with the Statement of Recommended Practice; Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).

Approved by Trustees on 10[th] November 2025

and signed on their behalf by:

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Chair of Board of Trustees

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Vice Chair of Board of Trustees

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Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY

(known as Pro-Life Fitness Centre)

INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF RENFREWSHIRE SPORTS CHARITY FOR THE YEAR ENDED 31 MAY 2025

Opinion

We have audited the financial statements of Renfrewshire Sports Charity (the ‘charity’) for the year ended 31 May 2025 which comprise the Statement of Financial Activities, Balance Sheet, the Statement of Cash Flows and related notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for Opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

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Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY

(known as Pro-Life Fitness Centre)

INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF RENFREWSHIRE SPORTS CHARITY FOR THE YEAR ENDED 31 MAY 2025

Other information

The other information comprises the information included in the Report and Financial Statements, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report this fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charity Accounts (Scotland) Regulations 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Trustees’ Responsibilities Statement set out on pages 9-10, the trustees are responsible for the preparation of financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

12

Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY

(known as Pro-Life Fitness Centre)

INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF RENFREWSHIRE SPORTS CHARITY FOR THE YEAR ENDED 31 MAY 2025

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below:

Extent to which the audit was considered capable of detecting irregularities including fraud

We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and then design and perform audit procedures response to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion.

In identifying and assessing the risks or material misstatements in respect of irregularities, including fraud and non-compliance with laws and regulations we considered the following;

Based on our understanding of the charity and the sector it operates in we identified that the principal risks of non-compliance with laws and regulations related to, but were not limited to;

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Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY (known as Pro-Life Fitness Centre)

INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF RENFREWSHIRE

SPORTS CHARITY FOR THE YEAR ENDED 31 MAY 2025

We considered the extent to which non-compliance might have a material impact on the financial statements. We also considered those laws and regulations which have a direct impact on the preparation of the financial statements, such as the Charities and Trustee Investment (Scotland) Act 2005, and the Charities Accounts (Scotland) Regulations 2006. We evaluated management and trustees’ incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of management override of controls), and determined that the principal risks were related to;

Audit response to the risks identified;

Our procedures to respond to the risks identified included the following;

We scrutinised the general ledger for the following:

We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members, and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.

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Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY (known as Pro-Life Fitness Centre)

INDEPENDENT AUDITOR’S REPORT TO THE TRUSTEES OF RENFREWSHIRE SPORTS CHARITY FOR THE YEAR ENDED 31 MAY 2025

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the FRC’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our audit report.

Use of our report

This report is made solely to the charity’s trustees, as a body, in accordance with regulation 10 of the Charities Accounts (Scotland) Regulations 2006 (as amended). Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

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Wbg (Audit) Limited, Statutory Auditor

Date: 10[th] November 2025

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Wbg (Audit) Limited is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006.

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Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY (known as Pro-Life Fitness Centre)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDING 31 MAY 2025

Income and endowments from:
Note
Charitable activities
4
Other incoming resources
5
Total Income
Expenditure on:
Charitable activities
7
Total Expenditure
Net income for the year
Transfers between funds
Net movement in funds
Funds reconciliation
Total funds brought forward
15
Total Funds carried forward
15		 Unrestricted
Funds
Total
Funds
Unrestricted
Funds
Total
Funds
2025
£
2025
£
2024
£
2024
£
1,206,511
1,206,511
1,084,682
1,084,682
10,680
10,680
-
-
1,217,191
1,217,191
1,084,682
1,084,682
1,017,338
1,017,338
989,202
989,202
1,017,338
1,017,338
989,202
989,202
199,853
-
199,853
-
95,480
-
95,480
-
199,853
199,853
95,480
95,480
354,614
354,614
259,134
259,134
554,467
554,467
354,614
354,614

The Statement of Financial Activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

16

Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY (known as Pro-Life Fitness Centre)

BALANCE SHEET AS AT 31 MAY 2025

Note

Fixed assets:
Tangible assets
10
Total fixed assets
Current assets:
Debtors
11
Cash at bank and in hand
18
Total current assets
Liabilities:
Creditors falling due within one year
12
Net current assets
Creditors falling due after one year
13
Net assets
The funds of the Charity:
Unrestricted funds
15
Designated funds
15
Total Charity funds		 2025
£
2024
£
357,134
166,488
357,134
166,488
8,000
4,000
308,728
273,288
316,728
277,288
(118,088)
(83,935)
198,640
193,353
(1,307)
(5,227)
554,467
354,614
197,333
188,126
357,134
166,488
554,467
354,614

Approved by the Trustees, authorised for issue and signed on their behalf by:

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Date: 10th November 2025

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Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY (known as Pro-Life Fitness Centre)

STATEMENT OF CASH FLOWS FOR THE YEAR ENDING 31 MAY 2025

Cash flows from operating activities:
Note
Net cash provided by operating activities
17
Cash flows from investing activities:
Interest paid
Purchase of property, plant and equipment
Net cash (used in) investing activities
Cash flows from financing activities:
Inception of hire purchase
Hire purchase repayments
Net cash (used in)/provided by financing
activities
Change in cash and cash
equivalents in the year
Cash and cash equivalents brought forward
18
Cash and cash equivalents carried
forward
18		 2025
£
2024
£
286,230
157,205
(969)
(826)
(245,901)
(77,605)
(246,870)
(78,431)
-
11,760
(3,920)
(2,613)
-
9,147
35,440
87,921
273,288
185,367
308,728
273,288

18

Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY (known as Pro-Life Fitness Centre)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MAY 2025

1. Accounting Policies

(a) Basis of preparation and assessment of going concern

The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006.

The charity’s presentational currency is Sterling and figures in the financial statements are rounded to the nearest £.

The charity constitutes a public benefit entity as defined by FRS 102.

The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.

(b) Funds structure

Unrestricted income funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor through the terms of an appeal.

Further details of each fund are enclosed in note 15.

(c) Income recognition

Income is recognised once the charity has entitlement to the income, it is probable that the income will be received, and the amount of income receivable can be measured reliably.

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period.

Membership income received in advance is deferred and recognised in the period to which it relates.

Income from government and other grants, whether ‘capital’ or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

19

Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY (known as Pro-Life Fitness Centre)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MAY 2025

1. Accounting Policies (continued)

(d) Expenditure recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings. For more information on this attribution refer to note (e) below.

(e) Allocation of support and governance costs

Support costs have been allocated between governance costs and other support costs. Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice. These costs include costs related to statutory audit and legal fees together with an apportionment of overhead and support costs.

Governance costs and support costs relating to charitable activities have been apportioned based on staff time. The allocation of support and governance costs is analysed in note 6.

(f) Tangible fixed assets and depreciation

All assets costing more than £1,000 are capitalised and valued at historical cost. Depreciation is charged as follows:

Basis Plant and equipment 20% straight line or written off over the shorter of the lease term or the useful life Leasehold improvements Written off over the shorter of the lease term or the useful life

(g) Stock

Stock is included at the lower of cost or net realisable value.

(h) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered.

(i) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

(j) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

(k) Operating leases

Rentals paid under operating leases are charged to the statement of financial activities. The obligation to pay future rentals on operating leases is shown at note 19.

20

Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY (known as Pro-Life Fitness Centre)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MAY 2025

1. Accounting Policies (continued)

(l) Taxation

The charity is a “Charity” within the meaning of Paragraph 1 of schedule 6 of the Finance Act 2010. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 of Part 11 of the Corporation Tax Act 2010 and section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that such income or gains are applied for charitable purposes only.

(m) Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

(n) Judgements and key sources of estimation uncertainty

In the application of the ‘charity’s’ accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

Depreciation of fixed assets – fixed assets are depreciated over the useful life of the asset. The useful lives of fixed assets are based on the knowledge of senior management, with reference to assets expected life cycle.

Impairment of non-financial assets

At each reporting date non-financial assets not carried at fair value, like plant, property and equipment are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount which is the higher of the value in use and the fair value less cost to sell, is estimated and compared with the carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in the profit and loss.

Operating lease and finance lease – An operating lease is a contract that allows for use of an asset but does not convey ownership rights of the asset. A finance lease is a contract that allows a lessee to use an asset while transferring most of the ownership benefits and risks from the lessor to the lessee.

21

Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY (known as Pro-Life Fitness Centre)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MAY 2025

2. Legal status of the Charity

The charity is a Scottish Charitable Incorporated Organisation (SCIO).

3. Related party transactions and trustees’ expenses and remuneration

No expenses were reimbursed to Trustees during the period (2024: Nil).

The charity entered into the following transactions with Trustees during the year:

f the charity and also an employee. During the year he received (2024: £11,509). This was made up of gross salary and car allowance of £62,666, employers national insurance contributions of £5,362 and employers pension contributions of £1,149.

stee of the charity and also provides accountancy work for the charity. received a total of £6,996 in the year (2024: £7,249). There was £nil due by the charity at the year-end (2024: £nil).

rustee of the charity and has also provided an advisory role for the tor work during the year. For these services she received a total of £24,757 in the year since becoming a trustee (2024: £13,684). There was £nil due by the charity at the year-end (2024: £1,496).

The son of RM Commercial Cleaning which provides cleaning services to the charity. The charity paid RM Commercial Cleaning a total of £1,748 during the year (2024: £Nil). There were no amounts due at the year end (2024: £Nil).

There were no trustee donations made in the year (2024: £Nil).

4. Income from charitable activities

4. Income from charitable activities
Provision of Fitness and Sports
5. Income from other incoming resources
Insurance Income		 2025
£
1,206,511
2024
£
1,084,682
1,206,511
1,084,682
2025
2024
£
£
10,680
-
10,680
-

22

Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY

(known as Pro-Life Fitness Centre)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MAY 2025

6. Allocation of governance and support costs

The breakdown of support costs and how these were allocated between governance and other support costs is shown in the table below:

Cost type Total Governance Other support Other support
Basis of apportionment
Basis of apportionment
Basis of apportionment
allocated related costs
2025 2025 2025
£ £ £
Accountancy fee 6,996 350 6,646 Time spent
Total 6,996 350 6,646
Cost type Total Governance Other support
Basis of apportionment
allocated related costs
2024 2024 2024
£ £ £
Accountancy fee 7,249 362 6,887 Time spent
Total 7,249 362 6,887
Governance costs: 2025 2024
£ £
Auditor’s remuneration 8,004 6,065
Support costs (see above) 350 362
8,354 6,427

Breakdown of governance and other support costs by activity

Provision of Fitness and Sports
Total allocated
Provision of Fitness and Sports
Total allocated		 Support costs
Governance
Total
2025
£
6,646
2025
£
8,354
2025
£
15,000
6,646
8,354
15,000
Support costs
Governance
Total
2024
£
6,887
2024
£
6,427
2024
£
13,314
6,887
6,427
13,314

23

Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY (known as Pro-Life Fitness Centre)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MAY 2025

7. Analysis of expenditure on charitable activities

Staff costs
Instructor costs
Repairs and Maintenance
Printing & Stationary
Purchases
Running costs
Rental
Depreciation
Promotions and sponsorships
Fees
Charitable donations
Operating lease costs
Interest
Governance costs (note 6)
Support costs (note 6)
Staff costs
Instructor costs
Repairs and Maintenance
Printing & Stationery
Purchases
Running costs
Rental
Depreciation
Promotions and sponsorships
Fees
Charitable donations
Operating lease cost
Interest
Governance costs (note 6)
Support costs (note 6)		 Provision of
Fitness and
Sports
Total
2025
2025
£
£
220,236
220,236
48,582
48,582
62,123
62,123
1,653
1,653
4,763
4,763
236,635
236,635
236,195
236,195
55,255
55,255
3,500
3,500
49,221
49,221
65,352
65,352
17,854
17,854
969
969
8,354
8,354
6,646
6,646
1,017,338
1,017,338
Provision of
Fitness and
Sports
Total
2024
2024
£
£
231,936
231,936
50,025
50,025
44,615
44,615
1,741
1,741
8,315
8,315
227,739
227,739
236,195
236,195
47,085
47,085
7,588
7,588
44,858
44,858
70,502
70,502
4,463
4,463
826
826
6,427
6,427
6,887
6,887
989,202
989,202

24

Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY (known as Pro-Life Fitness Centre)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MAY 2025

8. Analysis of staff costs and remuneration of key management personnel

2025
£
Salaries and wages
209,144
Social security costs
9,008
Pension costs
2,084
Total staff costs and employee benefits
220,236
Key management personnel remuneration
69,177
One employee had employee benefits in excess of £60,000 (2024: nil).
2025
£60,001 - £70,000
No.
1
The average weekly number of persons, by headcount,
2025
No.
employed by the charity during the year was:
12
. Net income for the year
This is stated after charging:
2025
£
Depreciation
Auditor’s remuneration:
Audit fees
55,255
8,004
Payroll services
2,293
Rentals under operating leases
254,049
Interest charges
8,587
0. Tangible Fixed Assets
Leasehold
Plant &
Cost or valuation
Improvements
£
Equipment
£
At 1 June 2024
210,582
69,596
Additions
124,658
121,243
At 31 May 2025
335,240
190,839
Depreciation
At 1 June 2024
55,254
58,436
Charge for the year
15,670
39,585
At 31 May 2025
70,924
98,021
Net book value
At 31 May 2025
264,316
92,818
At 31 May 2024
155,328
11,160		 2025
£
Salaries and wages
209,144
Social security costs
9,008
Pension costs
2,084
Total staff costs and employee benefits
220,236
Key management personnel remuneration
69,177
One employee had employee benefits in excess of £60,000 (2024: nil).
2025
£60,001 - £70,000
No.
1
The average weekly number of persons, by headcount,
2025
No.
employed by the charity during the year was:
12
. Net income for the year
This is stated after charging:
2025
£
Depreciation
Auditor’s remuneration:
Audit fees
55,255
8,004
Payroll services
2,293
Rentals under operating leases
254,049
Interest charges
8,587
0. Tangible Fixed Assets
Leasehold
Plant &
Cost or valuation
Improvements
£
Equipment
£
At 1 June 2024
210,582
69,596
Additions
124,658
121,243
At 31 May 2025
335,240
190,839
Depreciation
At 1 June 2024
55,254
58,436
Charge for the year
15,670
39,585
At 31 May 2025
70,924
98,021
Net book value
At 31 May 2025
264,316
92,818
At 31 May 2024
155,328
11,160		 2025
£
Salaries and wages
209,144
Social security costs
9,008
Pension costs
2,084
Total staff costs and employee benefits
220,236
Key management personnel remuneration
69,177
One employee had employee benefits in excess of £60,000 (2024: nil).
2025
£60,001 - £70,000
No.
1
The average weekly number of persons, by headcount,
2025
No.
employed by the charity during the year was:
12
. Net income for the year
This is stated after charging:
2025
£
Depreciation
Auditor’s remuneration:
Audit fees
55,255
8,004
Payroll services
2,293
Rentals under operating leases
254,049
Interest charges
8,587
0. Tangible Fixed Assets
Leasehold
Plant &
Cost or valuation
Improvements
£
Equipment
£
At 1 June 2024
210,582
69,596
Additions
124,658
121,243
At 31 May 2025
335,240
190,839
Depreciation
At 1 June 2024
55,254
58,436
Charge for the year
15,670
39,585
At 31 May 2025
70,924
98,021
Net book value
At 31 May 2025
264,316
92,818
At 31 May 2024
155,328
11,160		 2025
£
209,144
9,008
2,084		 2024
£
218,914
10,865
2,157
231,936
86,678
2024
No.
-
2024
No.
11
220,236
69,177
2025
No.
1
2025
No.
12
2025
£
55,255
8,004
2,293
254,049
8,587

2024
£


47,085
6,065

3,117

240,658

7,736

Plant &
Equipment
£
69,596
121,243

Total
£
280,178
245,901
526,079
113,690
55,255
168,945
357,134
166,488
335,240 190,839
55,254
15,670		 58,436
39,585
70,924 98,021
264,316 92,818
155,328 11,160

9. Net income for the year

10. Tangible Fixed Assets

25

Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY (known as Pro-Life Fitness Centre)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MAY 2025

11. Debtors

1. Debtors
Other debtors 2025
2024
£
£
8,000
4,000
8,000
4,000

12. Creditors: amounts falling due within one year

2. Creditors: amounts falling due within one year
Trade creditors
Other creditors and accruals
Taxation and social security costs
Deferred income (note 14)
Net obligations under finance leases		 2025
£
2024
£
26,715
4,204
52,343
28,257
2,746
13,905
32,364
33,649
3,920
3,920
118,088
83,935

13. Creditors: amounts falling due after one year

3. Creditors: amounts falling due after one year
Net obligations under finance leases
4. Deferred income
Balance as at 1 June 2024
Released in the year
Deferred in the year
Balance as at 31 May 2025		 2025
£
1,307
2024
£
5,227
1,307
5,227
2025
2024
£
£
33,649
21,233
(33,649)
(21,233)
32,364
33,649
32,364
33,649

14. Deferred income

Deferred income relates to membership income received in advance for the year to 31[st] May 2026.

15. Analysis of charitable funds

Analysis of
Fund movements
Unrestricted funds
Designated Fixed Assets
General funds
Total unrestricted funds
TOTAL FUNDS		 1 June
2024
31 May
2025
b/fwd
Income
Expenditure
Transfers
c/fwd
£
£
£
£
£
166,488
-
(55,255)
245,901
357,134
188,126
1,217,191
(962,083)
(245,901)
197,333
354,614
1,217,191
(1,017,338)
-
554,467
354,614
1,217,191
(1,017,338)
-
554,467

26

Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY (known as Pro-Life Fitness Centre)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MAY 2025

15. Analysis of charitable funds (continued)

Analysis of
Fund movements
Unrestricted funds
Designated Fixed Assets
General funds
Total unrestricted funds
TOTAL FUNDS		 1 June
31 May
2023
b/fwd
Income
Expenditure
Transfers
2024
c/fwd
£
£
£
£
£
135,968
-
(47,085)
77,605
166,488
123,166
1,084,682
(942,117)
(77,605)
188,126
259,134
1,084,682
(989,202)
-
354,614
259,134
1,084,682
(989,202)
-
354,614

16. Net assets over funds

2025
Fixed assets
Debtors
Cash
Creditors < 1 year
Creditors > 1 year
2024
Fixed assets
Debtors
Cash
Creditors < 1 year
Creditors > 1 year		 Unrestricted Funds
£
Total
2025
£
357,134
357,134
8,000
8,000
308,728
308,728
(118,088)
(118,088)
(1,307)
(1,307)
554,467
554,467
Unrestricted Funds
Total
2024
£
£
166,488
166,488
4,000
4,000
273,288
273,288
(83,935)
(83,935)
(5,227)
(5,227)
354,614
354,614

27

Docusign Envelope ID: E486F18B-8BBB-4FE3-9FC7-49551CBAF66E

RENFREWSHIRE SPORTS CHARITY (known as Pro-Life Fitness Centre)

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MAY 2025

17. Reconciliation of net income to net cash flow from operating activities

Net income for the year (as per the Statement of Financial
Activities)
Adjustments for:
Interest payable
Depreciation charges
(Increase)/Decrease in debtors
Increase in creditors
Net cash provided by operating activities		 2025
£
2024
£
199,853
95,480
969
826
55,255
47,085
(4,000)
3,666
34,153
10,148
286,230
157,205

18. Analysis of cash and cash equivalents

Cash in hand
Total cash and cash equivalents		 2025
£
308,728
2024
£
273,288
308,728
273,288

19. Operating lease commitments

The charity had annual commitments under non-cancellable leases as set out below:

Under 1 year
Between 2 and 5 years
More than 5 years		 2025
£
2024
£
257,864
257,864
1,213,390
1,231,244
480,000
720,000
1,951,244
2,209,097

28