Charity Number: $C045175 Company Number: CS001613 (Scotland)
PALS (Play and Learning Support) SCIO
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 October 2025
PALS (Play and Learning Support) SCIO
Contents Page
For the Year Ended 31 October 2025
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|Report|of the|Trustees|ito3|
|Independent|Examiners|Report|4|
|Statement|of|Financial|Activities|5|
|Statement|of|Financial|Position|6|
|Notes|to|the|Financial Statements|7|to|10|
|Detailed|Statement of|Financial|Activities|11|
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PALS (PLAY AND LEARNING SUPPORT) SCIO
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PA LS
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REPORT OF THE TRUSTEES For the Year Ended 31 October 2025
The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 October 2025. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of lreland (FRS 102) (effective 1 January 2019).
OBJECTIVES
1. Mission Statement
To advance the lives of children with additional support needs and their families through inclusion, compassion, empowerment, collaboration and accountability. PALS will provide inclusive recreational activities for children with additional support needs and their families, improving their quality of life and overall well-being. PALS will also support parents and carers through training, information, peer support and self-care opportunities.
2. Vision
A community where every child with additional support needs has equitable access to health, support, and joyful recreation, and where families are empowered, supported, and connected.
3. Core Values
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° Inclusion— Every child matters.
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° Compassion - Understanding and supporting each family’s journey.
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° Empowerment - Enabling families and children to thrive.
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° Collaboration—- Partnering with local services, groups, councils, and communities. ° Accountability—- Transparent, ethical use of resources and measurable impact.
ACHIEVEMENTS AND PERFORMANCE
PALS started our financial year with the following regular activities:
- @ swimming @ Dance @ Soft Play
As the year progressed PALS introduced four new weekly activities:
- Jen’s Sensory Marvels started in March and unfortunately, the class had to stop in May due to an issue with the premises. We still hope that Jen’s class will start again in the future.
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REPORT OF THE TRUSTEES (continued) For the Year Ended 31 October 2025
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In April Taekwondo started, and it is an exclusive PALS class at Raw Taekwondo in Cumbernauld.
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Stay & Play started in August, and itis a fun activity with a bouncy castle, toys, games and snacks.
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In September Thrive Tribe started and it is for our members who are 10-18 years of age.
PALS also provides trips and events during the holidays that are either free or subsidised. The aim is to have a variety of trips and events to meet the needs and ages of our members. Our seasonal parties this year included our wonderful Christmas Lunch and a fun Easter Party. PALS also organises transport for several of the activities to help members. Here are the trips and events that were offered in the past 12 months:
| Winter 2024/25 | Santa Canal Cruise: SeagullTrust, Christmas Lunch, Airthrill, rn Bru Carnivaland |
|---|---|
| Beauty and the Beast Panto | |
| Spring 2025 | Pizza Hut, CraftDaftona Raft,Wonderworld, GamingVan,Cinema, Easterparty, Paradise Island Adventure Golfand Paddle boarding |
| Seagull Trust Canal trip, Stay & Play, Wonderworld, Airthrill, Colourplay, Almond | |
| Summer 2025 | Valley, Bouncybees, Seaforce Boat, Craft Dafton a Raft, KidsGrand Prix, M&Ds, |
| Gaming Van, Pizza Party, Kiltoonies, Paddle boarding and Active Kids Adventure | |
| Park | |
| Autumn 2025 | Pizza Hut,Wonderworld, Colourplay, KidsGrand Prix, Parent&CarerSessions: |
| Trainingfromaspecialistdietitianandsocialmeetup |
FINANCIAL REVIEW
Reserves
During the yearto 31 October 2025 the trust received total income of £29,340 (2024 £15,758) and total trust expenditure of £29,778 (2024 £17,081). This resulted in a decrease in reserves of £438 (2023 decrease £1,323) and total funds carried forward of £33,109 (2024 was £33,547).
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REPORT OF THE TRUSTEES (continued)
For the Year Ended 31 October 2025
Going 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 minimum of £20,000.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by a governing document, a deed of trust and constitutes an incorporated charity.
Recruitment and appointment of trustees
Trustees are appointed by the board or by one ofthe[organisations][entitled][to] do[so.]
REFERENCE AND ADMINISTRATIVE INFORMATION
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|Name|of Charity|PALS|(Play and|Learning Support)|SCIO|
|Charity|registration|number|$C045175|
|Address|10|Netherwood|Place|
|Westfield|
|Cumbernauld|
|G68|9LA|
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Trustees
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|The trustees|and|officers|serving during the year and|since the year end|were|as|follows:|
|Laura|Costello|Chairperson|
|Lesley|Brown|Secretary|
|Fiona|Michie|Child|Protection|Officer &|Activities|Trustee|
|Gregor Shearer|Treasurer|
|Mark|Smith|stood|down|March|2025|
|Mary|Frances|McCormick|stood|down April 2025|
|Teresa|Smith|stood|down August 2025|
|Jan|Grant|stood|down|May 2025|
|Samantha|Lappin|stood down|September 2025|
|Angela|Sutherland|stood|down September 2025|
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Independent examiner PM & Co Accounting Ltd
Office 14, The Muirfield Centre [A South Muirhead Road Cumbernauld, Glasgow G67 IAX
Approved bythe Board[of][ Trustees] and[signed] on[its][behalf][by:]
Laura Costello - Chairperson ffastts.Gedtellic
Date: ANGE S..ZO occ
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For the Year Ended 31 October 2025
PALS (Play and Learning Support) SCIO Independent Examiners Report
| report to the trustees on my examination of the accounts of the charitable company for the year ended 31 October 2025.
Responsibilities and basis of report
As the charity trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Charities and Trustee Investment (Scotland) Act 2005 (‘the 2005 Act’), the Charities Accounts (Scotland) Regulations 2006 (as amended) and the Companies Act 2006 (‘the 2006 Act’). You are satisfied 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 accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of your charity’s accounts carried out under section 44 (1)(c) of the 2005 Act. In carrying out my examination | have followed the requirements of Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended).
Independent Examiners Statement
Since the Company is required by law to prepare its accounts on an accrual basis and is registered in Scotland, your examiner must be a member of a body listed in Regulation 11(2) of the Charities Accounts (Scotland) Regulations 2006 (as amended). | confirm that | am qualified to undertake the examination by virtue of my membership of the Association of Chartered Certified Accountants, which is one of the listed bodies.
| have completed my examination and can confirm that no matters have come to my attention in accordance with the examination giving me cause to believe that in any material respect:
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Accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act and Regulation 4 of the Charities Accounts (Scotland) Regulations 2006 (as amended); or
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The accounts do not accord with those records with the accounting requirements of Regulation 8 of the Charities Accounts (Scotland) Regulations 2006; or
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The accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirementthat the accounts give a “true and fair view”, which is not a matter considered as part of an independent examination; or
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4, The accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
| have no concerns and have come across no matters in connection with the examination to which attention should be drawn in-this report to enable a proper understanding of the accounts to be reached.
PM&Co Accounting Ltd Office 14, Muirfield Centre 1A South Muirhead Road Cumbernauld Glasgow G67 1AX
12 March 2026
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PALS (Play and Learning Support) SCIO
Statement of Financial Activities (including the Income and Expenditure Account) For the year ended 31 October 2025
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|---|---|---|---|---|---|---|---|
|Not|Unrestricted|Restricted|
|ores|Funds|Funds|2025|2024|
|£|£|£|£|
|Income|and|endowments|from:|
|Grants|received|2|550|10,353|10,903|0|
|Donations|6,561|0|6,561|9,207|
|Fundraising|activities|5,651|0|5,651|3,067|
|Membership|fees|4,847|0|4,847|3,484|
|Other income|1,378|0|1,378|0|
|Total|18,987|10,353|29,340|15,758|
|Expenditure|on:|
|Charitable Activities|3/4|(19,425)|(10,353)|(29,778)|(17,081)|
|Net Income|(438)|0|(438)|(1,323)|
|Reconciliation|of funds|
|Total|funds|brought forward|10|33,547|0|33,547|34,870|
|Total|funds|carried forward|33,109|0|33,109|33,547|
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PALS (Play and Learning Support) SCIO
Statement of Financial Position
For the year ended 31 October 2025
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|---|---|---|---|---|---|---|
|Notes|2025|2024|
|£|£|
|Current|assets|
|Debtors|0|0|
|Cash|at|bank and|in|hand|33,709|34,117|
|33,709|34,117|
|Creditors:|amounts|falling due within|one year|7|(600)|(570)|
|Net|current|assets|33,109|33,547|
|Total|assets|less|current|liabilities|33,109|33,547|
|Net assets|33,109|33,547|
|Represented|by the funds|of the|charity|
|Restricted|income|funds|11|0|0|
|Unrestricted|income|funds|33,109|33,547|
|Total funds|33,109|33,547|
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For the year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,
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The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of the accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Laura Costello - Chairperson Trustee
12 March 2026
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PALS (Play and Learning Support) SCIO Notes to the Financial Statements For the year ended 31 October 2025
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for the investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ' Accounting and Reporting by Charities: Statement of Recommended Practice applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019), Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.
PALS (Play and Learning Support) meets the definition of a public benefit entity under FRS 102. Assets and liabilitie: are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
2. Income from donations and charitable activities
| Unrestricted | Restricted | 2025 | 2024 | |
|---|---|---|---|---|
| Funds | Funds | |||
| £ | £ | £ | £ | |
| Grants received | 550 | 10,353 | 10,903 | 0 |
| Donations | 6,561 | 0 | 6,561 | 9,207 |
| Fundraising activities | 5,651 | 0 | 5,651 | 3,067 |
| Membership fees | 4,847 | 0 | 4,847 | 3,484 |
| Other income | 1,378 | 0 | 1,378 | 0 |
| 18,987 | 10,353 | 29,340 | 15,758 |
3. Expenditure on charitable activities
| 3. Expenditure on charitable activities | ||||
|---|---|---|---|---|
| 2025 | 2024 | |||
| £ | £ | |||
| Costs associated with the charityand organised | activities | 25,864 | 13,183 | |
| 25,864 | 13,183 | |||
| 4.Costs ofcharitable activities byfundtype | ||||
| Unrestricted | Restricted | 2025 | 2024 | |
| Funds | Funds | |||
| £ | £ | £ | £ | |
| Charitable activities | 15,511 | 10,353 | 25,864 | 13,183 |
| Fundraisingcosts | 1,488 | 0 | 1,488 | 924 |
| Support costs | 1,801 | 0 | 1,801 | 2,371 |
| Governance costs | 625 | 0 | 625 | 603 |
| 19,425 | 10,353 | 29,778 | 17,081 |
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PALS (Play and Learning Support) SCIO Notes to the Financial Statements (continued) For the year ended 31 October 2025
5. Costs of charitable activities by activity type
| Activities | Support | 2025 | 2024 | ||
|---|---|---|---|---|---|
| Undertaken | Costs | ||||
| Directly | |||||
| £ | £ | £ | £ | ||
| Charitable activities | 25,864 | 0 | 25,864 | 13,183 | |
| Fundraising costs | 1,488 | 0 | 1,488 | 924 | |
| Support costs | 0 | 1,801 | 1,801 | 2,371 | |
| Governance costs | 0 | 625 | 625 | 603 | |
| 27,352 | 2,426 | 29,778 | 17,081 | ||
| 6.Analysis ofsupportcosts | costs | ||||
| 2025 | 2024 | ||||
| £ | £ | ||||
| Equipment purchased | 0 | 76 | |||
| Travelling | 0 | 0 | |||
| Rent | 1500 | 1584 | |||
| Software and web hosting | 0 | 224 | |||
| Legaland professional fees |
0 | 0 | |||
| Repairs and maintenance | 0 | 0 | |||
| Insurance | 285 | 284 | |||
| Subscriptions | 0 | 0 | |||
| Printingand stationery | 0 | 203 | |||
| Telephone charges | 16 | 0 | |||
| 14,801 2,871. |
|||||
| £ | £ | ||||
| 2025 | 2024 | ||||
| 7. Netincome /(expenditure) fortheyear | (438) | (1,323) | |||
| This is stated aftercharging / (crediting) | 2025 | 2024 | |||
| Accountants fees | 600 | 570 | |||
| 8. Particulars ofemployees | |||||
| Total staffnumbers for | the yearended were as follows: | 2025 | 2024 | ||
| £ | £ | ||||
| Charityemployees | 0 | 0 | |||
| 0 | 0 | ||||
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PALS (Play and Learning Support) SCIO Notes to the Financial Statements (continued)
For the year ended 31 October 2025
9. Trustee remuneration and related party transactions
There were no related party transactions for the period ended 31 October 2025 and noneofthe trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
10. Movement in funds
| Unrestricted funds | Balance at | Incoming | Outgoing | Balance at |
|---|---|---|---|---|
| 01/11/2024 | Resources | Resources | 31/10/2025 | |
| £ | £ | £ | £ | |
| Generalfund | 33,547 | 18,987 | (19,425) | 33,109 |
| 33,547 | 18,987 | (19,425) | 33,109 | |
| Unrestricted funds - previous year | Balance at | Incoming | Outgoing | Balance at |
| 01/11/2023 | Resources | Resources | 31/10/2024 | |
| £ | £ | £ | £ | |
| Generalfund | 34,870 | 15,758 | (17,081) | 33,547 |
| 34,870 | 15,758 | (17,081) | 33,547 |
Purpose of Unrestricted Funds
General - Fund receiving unrestricted funding and payment of unrestricted expenditure.
| Restrictedfunds | Balanceat | Incoming | Outgoing | Balanceat | |
|---|---|---|---|---|---|
| 01/11/2023 | Resources | Resources | 31/10/2024 | ||
| £ | £ | £ | £ | ||
| Restricted | 0 | 10,353 | (10,353) | 0 | |
| 0 | 10,353 | (10,353) | 0 | ||
| Restrictedfunds | -previousyear | Balance at | Incoming | Outgoing | Balance at |
| 01/11/2023 | Resources | Resources | 31/10/2024 | ||
| £ | £ | £ | £ | ||
| Restricted | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 |
Purpose of Restricted Funds
Restricted - Grants where restrictions have been placed on the charity spend.
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PALS (Play and Learning Support) SCIO Notes to the Financial Statements (continued) For the year ended 31 October 2025
| 11.Analysis ofnetassetsbetweenfunds | NetCurrent | NetAssets |
|---|---|---|
| Assets / | ||
| (Liabilities) | ||
| CurrentYear | £ | £ |
| Unrestricted Funds | 33,109 | 33,109 |
| Restricted Funds | 0 | 0 |
| 33,109 | 33,109 |
| NetCurrent | NetAssets | |
|---|---|---|
| Assets / | ||
| (Liabilities) | ||
| PreviousYear | £ | £ |
| Unrestricted Funds | 33,547 | 33,547 |
| Restricted Funds | 0 | 0 |
| 33,547 | 33,547 |
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PALS (Play and Learning Support) SCIO Detailed Statement of Financial Activities For the year ended 31 October 2025
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|---|---|---|---|---|---|---|---|---|
|2025|2024|
|£|£|
|INCOME AND|ENDOWMENTS|
|Grants|received|10,903|0|
|Donations|6,561|9,207|
|Fundraising|activities|5,651|3,067|
|Membership|fees|4,847|3,484|
|Other|income|1,378|0|
|Total incoming resources|29,340|15,758|
|EXPENDITURE|
|Charitable|activities|
|Costs|associated|with|the|charity and|organised|activities|25,864|13,183|
|Support|costs|
|Fundraising|costs|1,488|924|
|Equipment|purchased|0|76|
|Travelling|0|0|
|Rent|1,500|1,584|
|Software|and|web|hosting|0|224|
|Legal and|professionalfees|0|0|
|Repairs|and|maintenance|0|0|
|Insurance|285|284|
|Subscriptions|0|0|
|Printing|and|stationery|0|203|
|Telephone|charges|16|0|
|General expenses|0|0|
|3,289|3,295|
|Governance|costs|
|Audit and|accountancy fees|600|570|
|Bank charges|25|33|
|625|603|
|Total expenditure|on|charitable|activities|29,778|17,081|
|Net Income|(438)|(1,323)|
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