Charity number: CS001613 Company number: SC045175 (Scotland) PALS (Play and Learning Support) Report of the Trustees and Unaudited Financial Statements For the year ended 31 October 2024
PALS {Play and Learning Support) Contents Page For the year ended 31 October 2024 Report of the Trustees Ito2 Independent Examiner's Report to the Tru5tee5 Ststement of Financlal Actlvltles Statement of Financial Position Notes to the Financlal Statements 6toll Detslled Ststement of Flnanclal Actlvlttes 12
PALS (Play and Learning Support) Report of the Trustees For the year ended 31 October 2024 The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the ftnancial statements for the charitsble company for the year ended 31 October 2024. The Trustees have adopted the provisions of Accountlng and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and the Republic of Ireland IFRS 1021 (effective l January 20191. OBJEcfivES AND AcfiviTIES Oblectlves and alms The Trustees have considered the Charity Commlsslon's guidance on public benefit and regularly revise the list of objectives for which they are usually prepared to consider applicatlons for assistance. The present list Is as follows.. l.To advance the health and relieve the needs of children and young people with additional support needs, and thelr families, in North Lanarkshire and the surrounding area. 2.To provide recreational facilities and activities to those young people with the alm of improvlng conditions of Ilfe. 3.The charlty provides acttvitles for children and young people. aged between O and 18 year5 who have speclal needs, together with their siblings. Activltles are held after school hours and take place throughout the year. 4,The charity provlde5 day trips and outlngs at weekend5 and during the school holidays. 5,Activide5 include dance, Sensations, soft play and swim and plav.. 6.Activltles are exclusive to the charity which means parents can relax and the children can be themselves which helps to improve theSr confidence, bulld lifelong friendships and gives parentslcareTs a base for support and friendshlp. 7.The charity trips include The Science Centre, Escape Rooms, Zip wire, Brlarlands Farm, Innoflate, Heads of Ayr Farm, Canal Trips, Time Capsule, Kidz Town, Golf Town, Go-Karts and Rock n. Roller. There are also seasonal parties Including Christmas. Easter and Halloween. OBJEcfivES AND ACTIVITIES Grantmaklng The trustees continue to work hard to secure 8rants for the charity and speclal mentton is due to the hard work and diligence of Samantha Lappin and Teresa Smith in this matter. Volunteers The trustees would like to advise that there is an ongoing requirement for continued support for the trustees and volunteers to help us run acttvities and the outfngs we offer. The coming year will require parent5 and supporters to help u5 run activitie5, and to step up and serve as a trustee. We look forward to welcoming them to our board. ACHIEVEMENTSAND PERFORMANCE Achlevements against objectlves The principal activitles of the Trust are the activities arranged durin8 the year ended 31 October 2023 which are detailed in the accounts. Recognition must be glven at this tfme to the hard work and creatlvlty of event co-ordinators for all their ongoing hard work. Th would also like to place on record their thanks t(WhO stood down at Easter 2024 anc ho took a leave of absence In mid 2024, for their hard work on behalf of the charity. lof12
PALS {Play and Learning Support) Report of the Trustees Continued For the year ended 31 October 2024 FINANCIAL REVIEW Reser$ During the year to 31 October 2024 the trust received total income of £15.758 12023 £20,544) and total trust expenditure of £17,08112023 £18,386). This resulted in a decrease in reserve5 of £1.32312023 decrease - £2,158) and total funds carried forward of £33.54712023 - £34,8701 Goin8 concern The trustees, consider the charity to be in a reasonable financial position and Is considered to be a going concern. For the purposes of reserves held the trustees consider funds to be held as a mlnlmum of £20,000. STRucfuRE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by a governlng document, a deed of trust and const6tute5 an incorporated charlty. Recrultment and appolntment of trustee5 Trustee5 are appolnted by the board or by one of the organisations entitled to do so. REFERENCE ANO ADMINISTRATIVE INFORMATION Name of Charlty Charlty reglstratlon number Company reg55trailon number Prlnclpal addres$ PALS (Play and Learnlng Supportl CS001613 SC045175 Trustees The trustees and offlcer5 serving during the year and since the year end were as follows: Independent examlner PM & Co Accounting Ltd Office 14, The Muirfield Centre IA South Muirhead Road Cumbernauld Glasgow G67 IAX Bankers TSB Bank PLC Royal Bank of Scotland PLC 2of12
PALS {Play and Learning Support Report of the Trustees Continued For the year ended 31 October 2024 Approved by the Board of Trustees and slgned on Its behalf bv 25 March 2025 rgor%arL... 3of12
PAL5 (Play and Learning Support} Independent Examiners Report to the Trustees For the year ended 31 October 2024 I report to the trustees on my examlnation of the accounts of the charitable company for the year ended 31 October 2024. Responsibilities and basls of report As the charity trustees of the Company land also its directors for the purposes of company lawl. you are responsible for the preparation of the accounts in accordance with the requirements of the Charities and Trustee Investment (Scotlandl Act 2005 I'the 215 Act'l . the Charities Accounts Iscotlandl Regulations 2006 las amended) and the Companies Act 20061'the 2006 Act'l. You are sadsfied that the accounts of the Company are not required by charity or company law to be audited and have chosen instead to have an independent examination. Having satisfied myself that the account5 of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my eKamlnation of your charlty's accounts carried out under secdon 44 llllcl of the 25 Act. In carrying out my examination I have followed the requirements of Regulation 11 of the Charldes Accounts1Scotlandl Regulations 2006 las amended), Independent examlners statement Slnce the Company Is requlred by law to prepare Its accounts on an accruals basss and Is reg15tered in Scotlandi your examlner must be a member of a body listed in Regulatton 11121 of the Charlde5 Account5 Iscotlandl Regulattons 2006 las amended). I confirm that l am qualified to undertake the examination by virtue of my membershlp of The Chartered Association of Certlfied Accountants, which is one of the listed bodies. I have completed my examinatlon. I confirm that no matters have come to my attention in connection with the examination glving me cause to believe that in any material respect.. l. Accounting record5 were not kept in respect of the Company as requlred by section 386 of the 2006 Act and Re8ulaYon 4 of the Charitie5 Accounts Iscotlandl Regulations 2006 las amended); or 2. The accounts do not accord with those records with the accountin8 requirements of Regulation 8 of the Charities Accounts1Scotlandl Regulatlons 2006,. or 3. The accounts do not comply wlth the accounting requlrements of section 396 of the 2006 Act other than anv requirement that the account5 give a 'true and fair view,. whichls not a matter considered as part of an independent examination; or 4. The accounts have not been prepared in accordance with the methods and prlnciples of the Statement of Recommended Practice for accounttng and reportin8 by charltie5 applicable to charlttes preparing their accounts in accordance wlth the Flnancial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021. I have no concerns and have come across no other matters In connecdon with the examination to which attentton should be drawn in thi5 report in order to enable a proper understanding of the accounts to be reached. PM & Co Accounts"ng Ltd Office 14, The Muirfield Centre IA South Muirhead Road Cumbernauld Glasgow G67 IAX 25 March 2025 4of12
PALS (Play and Learning Support) Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 October 2024 Notes Unrestrlcted funds 2023 Income and endowments from: Donations and legacies Charitable activities Other tradlng activites Totsl 9,207 3.067 3,484 15.758 14,670 3.165 2,709 20,544 Empendlture on: Raisin8 funds Charitable actSvities Totsl 1924) 116,1571 (17,081) 18381 117,5481 (18,386) 617 Net Incomelexpendlture Reconclllatlon of funds Total funds brought forward Totsl funds carrled forward 11,323) 2,158 34,870 33,547 32,712 34,870 5of12
Registered Number . SC045175 PALS (Play and Learning Support) Statement of Financial Position As at 31 October 2024 Notes 2024 2023 Current assets Cash at bank and in hand 34.117 34,117 1570) 35,410 35,410 15401 Creditors: amounts falllng due wlthln one year 12 Net current assets 33,547 33,547 33,547 34,870 34,870 Total assets less current Ilabllltles Net assets 34,870 The funds of the charlty Unrestricted income funds Total funds 13 33,547 33,547 34,870 34,870 For the year ended 31 October 2024 the company was entitled to exempOn from audit under section 477 of the Companies Act 2006 relating to small companles. The members have not required the company to obtain an audit of Its accounts for the year in questton in accordance with sectlon 476. The trustees acknowledge thelr responslbilities for complying with the requlrements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies, reglme. The flnanclal statements were approved and authorlsed for issue by the Board and slgned on its behalf bv: Trustee 25 March 2025 6of12
PALS (Play and Learning Support) Notes to the Financial Statements For the year ended 31 October 2024 l. Accounting Pollcles Basis of accountlng The financial ststements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities- Statement of Recommended Practice applicable to Charle$ preparing their accounts in accordance with the Flnanclal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 {effective l January 20191,, Financial Reporting Standard 102 the Financial Reporting Standard appllcable In the UK and Republic of Ireland IFRS 102}, and the Companies Act 2006. PALS IPlay and Learning Support) meets the definltlon of a publlc beneflt entity under FRS 102. Assets and liabilities are initially reco8nised at historical cost or transaction value unless otherwise stated in the relevant accountin8 policy notelsl. 2. Income from donations and le8a¢les 2024 2023 Unrestrlcted funds Donations recelved 9,207 14,670 9,207 14,670 3. Income from charltable artlvltles 2024 2023 Unre5trlcted funds Receiptsfromfundroising octlvities Income from charitable activities 3,067 3,165 4. Income earned from other actlvltles 2024 2023 Unrestrlcted funds Fund rai5in8 events 3,484 2,709 3,484 2.709 7of12
PALS (Play and Learning Support) Notes to the Financial Statements Continued For the year ended 31 October 2024 5. Expendlture on other trading aclivities 2024 2023 Unrestricted funds Fund raising events Support costs 924 680 158 924 838 6. Costs of charltsble actlvltles by fund type 2024 2023 Unrestrltted funds Receipts from fundraisin8 actlvlttes Support costs 15,068 16,726 1,089 16,157 822 17,548 7. Costs of Charltable acilvhl•s by artlvlty type 2024 2023 ActlvFtles undertaknn dlrectly Receipts from fundralsing activities Other charitable actlvlties 15,068 16,726 1,089 822 16,157 17.548 . Anatysls of support costs 2024 2023 Management Governance costs 158 1.089 822 1,089 980 8of12
PALS {Play and Learning Support) Notes to the Financial Statements Continued For the year ended 31 October 2024 9. Net In¢omellexpendlturel for the year This is stated after char8in811creditingl'. 2024 20Z3 Auditor's fees 570 468 10. Partl¢ulars of employees 2024 2023 Charity employees 11. Cornparatlve for the Statement of Flnanclal Actlvltles The comparatFve year values on the Statement of FSnanclal Acdvltes are for unrestrlcted funds. 12. Credltors." amount5 fallin8 due wlthln one year 2024 2023 Accruals and deferred Income 570 540 570 540 13. Movement In funds Unrestrkted Funds B•lance at 0111112023 Incomin8 resources Outgolng Balance at resources 31IIQI2024 General General 34.870 15.758 117,0811 33,547 34.870 15,758 117,0811 33,547 9of12
PALS (Play and Learning Support) Notes to the Financial Statements Continued For the year ended 31 October 2024 Unrestricted Funds- Prevlous year Balance at 0111112022 Incamlng resources Out8oln8 Balance at resources 3111012023 General General 32.712 20,544 118,3861 34,870 32,712 20,544 (18.386} 34,870 Purpose of unreslrlcted Funds General The general fund includes all income from donations and other fundraising actlvltles from which the trust charltable activittes and operating costs are paid. Purpose of restrlrted funds General The restrlcted fund represents the capitsl of the trust, 14. Analysls of net assets between funds Nrt current 14•t Ass•ts •ssets I Illablllttesl Unrestrlrted funds General General 33,547 33,547 33,547 33,547 IOof12
PALS (Play and Learning Support) Notes to the Financial Statements Continued For the year ended 31 October 2024 Prevlous year N•t currert f+lÈtAssèts a55ets I Illabllltles) Unrestrlrted funds General General 34.870 34.870 34A70 34,870 Ilof12
PALS (Play and Learning Support) Detailed Statement of Financial Activities For the year ended 31 October 2024 2024 2023 INCOME AND ENDOWMENT Donatlons and le8ac*s Donations 9,207 14.670 9,207 14,670 Charitsble artlvlties Income from charitable athvlties (Recelpts from fundraising activities) 3,067 3,165 3,067 3,165 Other tradlng actlvities Fund raising events 3,484 2,709 3,484 2,709 Total In¢omln8 resources EXPENDITURE Othei tradSn£ actlvltle5 Fund ralsln8 events 15,758 20,544 19241 16801 (924) (680) Charltable artlvltles Cost of direct charitable actlvity (Recelpts from fundralslng activities) 115,0681 116,7261 {15,068) (16,726) SUPPORT cosrs Management Fundraising Management 11581 (158) Governance costs Governance costs Iother charltable activities) 11,0891 18221 {1,0891 {8221 Total resources empended (17,081) (18,386) Net Expendlture 11,323} 2,158 12of12 Thls Dage does not form oart of the statutorv finantial statement5