OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-04-01-accounts

West Pilton Neighbourhood Centre (SCIO)

Report and financial statements Year ended 1 April 2025

Charity no. : SC045455

West Pilton Neighbourhood Centre (SCIO) Financial statements for the year 2 April 2024 to 1 April 2025

Contents

Report of the trustees 3 - 7
Independent Examiner’s report 8
Statement of financial activities 9
Balance sheet
10
Notes to the financial statements 11-17

2

West Pilton Neighbourhood Centre (SCIO) Financial statements for the year 2 April 2024 to 1 April 2025

Report of the trustees

The trustees present their report together with the financial statements for the year ended 1 April 2025.

Members of the management committee are its trustees for the purpose of charity law and throughout this report are collectively referred to as the members. The members serving during the year and since the year end are included.

OBJECTIVES AND ACTIVITIES

The Centre aims to promote lifelong learning, active citizenship and social inclusion in the West Pilton area by supporting and delivering a programme of recreational, cultural, educational, leisure and social activities.

The object of the charity as set out in the constitution is to promote the benefit of inhabitants of North Edinburgh and environs without distinction of political, religious or other opinions, by associating the local authorities, voluntary organisations and inhabitants in a common effort to advance education and provide facilities in the interest of Social Welfare for recreation and leisure-time occupation in order that the conditions of life for the said inhabitants may be improved.

In furtherance of its aims, West Pilton Neighbourhood Centre Management Committee manages the West Pilton Neighbourhood Centre (WPNC) which was incorporated into the City of Edinburgh Community Education Service with devolved Centre management in 1999. The Centre is a large purpose-built building with a fully equipped sports hall, all weather Astroturf playing surface, space for meetings, conferences, functions and offices. A flexible programme of activities is offered in response to local needs and changing priorities and the Centre also acts as an advice and information point for local resources and facilities. Income from clubs and meetings, which go into the Centre funds, are used to support the Centre programme activities and to purchase resources for the Centre activities.

ACHIEVEMENTS & PERFORMANCE

The West Pilton Neighbourhood Centre played a leading part in this year’s North Edinburgh Community Festival. The view of the community was that this was a huge success with up to 14,000 attending on the day. As part of the Festival, a parade through the streets of West Pilton proved a huge success with its Latin American carnival theme.

The Centre also played host to Ed Sheeran whose Foundation is working with Tinderbox to bring musical Instruments to a much wider audience to encourage the musical talent within our community and the UK as a whole. This support was seen in this year’s Festival with young people participating and making music.

The Centre with its various rooms was fully occupied providing food, music and entertainment and in the Sport’s Hall it provided the space for a large Gaming Programme.

North Edinburgh Arts again ran a full year’s programme in the Centre while waiting to return to its newly renovated building. North Edinburgh Arts have now decanted back to their base, as from June 2025. We have plans to compensate for the loss of income from the NEA. We wish them well as we had built up a great relationship over the last two years. Discussions will be taking place with NEA to develop a partnership with mutual benefit.

3

West Pilton Neighbourhood Centre (SCIO) Financial statements for the year 2 April 2024 to 1 April 2025

Report of the trustees

ACHIEVEMENTS & PERFORMANCE (continued)

The Management Committee have engaged a Sports’ Development Worker funded by a grant from the City of Edinburgh Council (CEC) to increase the use of the Centre for sporting activities. The Management Committee has also contracted a funding specialist to help with raising funds for the development of the Centre and the Astro pitch.

In the year 24 -25 new Trustees have joined the Management Committee and we would like to thank the previous Trustees for their hard work during the year.

We would like to take this opportunity to say how much we will miss our former Chair and stalwart Elizabeth (Betty) McVay.

FINANCIAL REVIEW

Principal funding sources

The Centre derives income from charges made to users of the Centre and grants and donations for activities which amount to £71,719 (2024: £47,820) in total for the year 2024/2025.

The main source of funding is fees charged for programme activities; income from lets of rooms, halls and outdoor space; grants and donations. £48,162 (2024: £27,644) of grants were received in the financial year 2024/2025. Income from charitable activities was £23,557 (2024: £20,176) during 2024/25 financial year.

The Statement of Financial Activities shows a surplus for the year after transfers of £7,177 (2024: deficit of £(18,643)), of which a deficit of £(4,266) (2024: deficit of £(16,153)) is restricted and surplus of £11,443 (2024: deficit of £(2,490) is unrestricted general.

Reserves Policy

The free reserves for the charity at 1 April 2025 are £91,967 (2024: £77,774). Target reserves are £40,000. The current level of reserves is in excess of this target.

Each year the trustees take into consideration balancing the needs of current and future beneficiaries.

Centre funds will continue to be used to fund replacement resources, equipment, trips, etc. for Centre groups and activities to ensure the Centre programme can offer a quality programme of activities. Centre charges will continue to be monitored and reduced or increased accordingly to meet the needs of the local community.

We hold a restricted fund of £22,523 (2024: £26,789) and unrestricted general fund of £94,946 (2024: £83,503).

4

West Pilton Neighbourhood Centre (SCIO) Financial statements for the year 2 April 2024 to 1 April 2025

Report of the trustees

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

West Pilton Neighbourhood Centre (SCIO) (WPNC) is a registered Scottish Charitable Incorporated Organisation (number SC045455) and is governed by its constitution drawn up on 11[th] March 2015.

Organisational Structure

The management of the charity is the responsibility of the Management Committee, whose members are elected at the AGM. Members retire annually and are eligible for re-election provided they meet the criteria set out in the constitution. Training is provided for members of the Management Committee, as required

5

West Pilton Neighbourhood Centre (SCIO) Financial statements for the year 2 April 2024 to 1 April 2025

Report of the trustees

REFERENCE AND ADMINISTRATIVE DETAILS

Company registration number

CS001869

Charity registration number SC045455 The name the charity is known by Registered and principal office

West Pilton Neighbourhood Centre (SCIO) and WPNC

==> picture [272 x 225] intentionally omitted <==

Trustees

Independent Examiner

Chartered Accountant Stripe Accountants Ltd 5 South Charlotte Street Edinburgh EH2 4AN

6

West Pilton Neighbourhood Centre (SCIO) Financial statements for the year 2 April 2024 to 1 April 2025

Report of the trustees

TRUSTEES’ RESPONSIBILITIES FOR THE FINANCIAL STATEMENTS

The charity trustees are responsible for preparing a trustees’ annual 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 show 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:

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 and the Charities Accounts (Scotland) Regulations 2006 (as amended). 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.

Approved by the board on 2025 and signed on its behalf by:

==> picture [98 x 47] intentionally omitted <==

7

INDEPENDENT EXAMINER’S REPORT ON THE UNAUDITED ACCOUNTS OF WEST PILTON NEIGHBOURHOOD CENTRE (SCIO)

I report on the accounts of the charity for the period ended 1 April 2025 which are set out on pages 9 to 17.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).

The charity trustees consider that the audit requirement of Regulation 10(1) (a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1) (c) of the Act and to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention other than that disclosed below 1. which gives me reasonable cause to believe that in any material respect the requirements:

CHARTERED ACCOUNTANT STRIPE ACCOUNTANTS LTD EDINBURGH

2025

8

West Pilton Neighbourhood Centre (SCIO) Financial statements for the year 2 April 2024 to 1 April 2025

Statement of financial activities

Unrestricted
General Restricted
funds funds 2025 2024
£ £ £ £
Income from:
Donations and legacies 2 8,862 39,300 48,162 27,644
Charitable activities 3 23,557 - 23,557 20,176
- --------------------------------------------------- ---------------------------------------------------- --------------------------------------------- ---------------------------------------------------
Total Income 32,419 39,300 71,719 47,820
------------------------------------------------------ ---------------------------------------------------- --------------------------------------------- ---------------------------------------------------
Expenditure on:
Raising Funds 4 951 - 951 886
Charitable activities 5 20,025 43,566 63,591 65,577
--------------------------------------------------------- -------------------------- ------------------------------ -------------------------------------------------- ------------------ ----------------------------------------
Total Expenditure 20,976 43,566 64,542 66,463
--------------------------------------------------------- ------------------------- ------------- ----------------- ------------------------------------------------- ------------------------------------------------------------
Net (expenditure) / 11,443 (4,266) 7,177 (18,643)
income for the year
-------------------------------------------------------- ------------------------------ ------------------------------ --------------------------------------------------- ---------------------------------------------------
Net movement in funds 11,443 (4,266) 7,177 (18,643)
------------------------------------------------------ ------------------------------------------------- ----------- ------------------------------------------------ --------------------------------------------------------------
Reconciliation of funds:
Total funds at 1 April 2024 83,503 26,789 110,292 128,935
------------------------------------------------------ ------------------------------ ------------------------------ ------------------------------- -----------------
------------------------------- -----------------
Total funds at 1 April 2025 11,12 94,946 22,523 117,469 110,292
==================================================== ============================================================= ================================================= =========================================================

The accompanying accounting policies and notes form part of these financial statements.

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities.

9

West Pilton Neighbourhood Centre (SCIO) Financial statements for the year 2 April 2024 to 1 April 2025

Balance Sheet

2025 2024
Note £ £
Fixed Assets
Tangible Assets 8 2,979 5,729
Current assets
Debtors and prepayments 9 4,576 6,421
Cash at bank and in hand 114,729 104,587
------------------------------------------------------- -------------------------------------------------------
119,305 111,008
Creditors: amounts falling due within one year 10 (4,815) (6,445)
------------------------------------------------------- -------------------------------------------------------
Net current assets 114,490 104,563
------------------------------------------------------- -------------------------------------------------------
TOTAL ASSETS LESS CURRENT LIABILITIES 117,469 110,292
====================================================== ======================================================
Funds
Unrestricted funds: General 11 94,946 83,503
Restricted funds 11 22,523 26,789
------------------------------------------------------ ------------------------------------------------------
117,469 110,292
====================================================== ======================================================

Approved by the Board of Trustees on 2025 and signed on their behalf by:

West Pilton Neighbourhood Centre (SCIO) SC045455

The accompanying accounting policies and notes form part of these financial statements.

10

West Pilton Neighbourhood Centre (SCIO) Financial statements for the year 2 April 2024 to 1 April 2025

Notes to the financial statements

1 Accounting policies

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended), and follow the recommendations in the 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 Republic of Ireland (FRS 102) Charities SORP (FRS 102).

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.

Income

Income is recognised in the period in which the charity is entitled to receipt and the amount can be measured with reasonable accuracy. Income is deferred only when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Where a grant or donation is received for a specific purpose, it is included in restricted income and any unexpected portion carried forward as a restricted fund.

Expenditure

Expenditure is recognised when a liability is incurred. Costs are allocated between categories on a direct basis. Irrecoverable input VAT is charged directly to the Statement of Financial Activities in the year it is incurred.

Charitable activities expenditure comprises those costs incurred by the charity in pursuit of its charitable objects and includes both the direct costs and support costs relating to these activities.

Support costs include central functions and have been allocated to cost categories on a direct basis.

Tangible fixed assets & depreciation

Fixed assets are stated at cost less depreciation. The costs of minor additions under £1,000 are not capitalised. Depreciation is calculated to write off the cost of the asset evenly over its estimated life as follows:

Debtors

Trade debtors and prepayments are recognised at settlement amount due.

11

West Pilton Neighbourhood Centre (SCIO) Financial statements for the year 2 April 2024 to 1 April 2025

1 Accounting policies (continued)

Notes to the financial statements

Creditors

Creditors 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 reliably.

Financial instruments

Financial instruments comprise financial assets and financial liabilities which are recognised when the charity becomes a party to the contractual provisions of the instrument. Financial instruments are classified as "basic" in accordance with FRS102 and are accounted for at amortised cost using the effective interest method. The effective interest rate is the rate that exactly discounts estimated future cash flows over the life of the financial assets or liability to the net carrying amount on initial recognition. Discounting is not applied to short-term receivables and payables, where the effect is immaterial. Financial assets comprise cash, trade debtors, other debtors. Financial liabilities comprise trade creditors, other creditors and accruals.

Fund accounting

Unrestricted funds are donations and other incoming resources received or generated for the objects of the charity without further specified purpose and are available as general funds. Unrestricted funds can be used in accordance with the charitable objects at the discretion of the trustees. If parts of the unrestricted funds are earmarked at the discretion of the trustees for a particular purpose they are designated as a separate fund. Such designation has an administrative purpose only and does not legally restrict the trustees’ discretion to apply the fund.

Restricted funds are funds subject to requirements as to their use, but still within the wider objects of the charity. The specific requirements as to use may either be declared by the donor or with the donor’s authority, or be created through legal processes.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held with banks.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

12

West Pilton Neighbourhood Centre (SCIO) Financial statements for the year 2 April 2024 to 1 April 2025

2 Donations and legacies

3 Income from charitable activities

4

Notes to the financial statements

Grants and donations
Other Grants and Donations
Unrestricted
funds

General funds
£
8,862
8,862
Restricted
funds
£
39,300
39,300

2025
£


48,162


48,162
2024
£
27,644
27,644

Income from donations and legacies was £48,162 (2024: £27,644) of which £8,862 (2024: £290) was unrestricted general and £39,300 (2024: £27,354) was restricted.

Room Hire Unrestricted
funds

General funds
£
23,557
**23,557 **
Restricted
funds
£
-
**- **

2025
£

23,557
**23,557 **
2024
£
20,176
20,176

Income from charitable activities was £23,557 (2024: £20,176) of which £23,557 (2024: £20,176) was unrestricted general and £nil (2024: £nil) was restricted.

Raising Funds

Insurance Unrestricted
funds

General funds
£
951

951
Restricted
funds
£
-
-

2025
£
951
**951 **
2024
£
886
886

Expenditure on raising funds was £951 (2024: £886) of which £951 (2024: £886) was unrestricted general. No amounts were restricted in the current year or prior year.

13

West Pilton Neighbourhood Centre (SCIO) Financial statements for the year 2 April 2024 to 1 April 2025

5

Notes to the financial statements

Expenditure on charitable activities

Centre equipment and supplies
Other events and activities
Office supplies
Depreciation
Governance Costs
External Scrutiny Services
Accounting Services
Unrestricted
funds

General funds
£
900
14,835
196
2,750
1,022
322
20,025
Restricted
funds
£
-
43,566
-
-
-
-
43,566

2025
£

900
58,401
196
2,750
1,022
322
63,591
2024
£
1,142
60,213
158
2,750
1,002
312
65,577

Expenditure on charitable activities was £63,591 (2024: £65,577) of which £20,025 (2024: £22,070) was unrestricted general and £43,566 (2024: £43,507) was restricted.

Support costs have not been separately identified as the Trustees consider there is only one charitable activity. Therefore, support costs relate wholly to that activity and have not been separately identified.

6 Net incoming/ (outgoing) resources

Net incoming resources are stated after charging:

Net incoming resources are stated after charging:
2025 2024
£ £
Amounts payable to Independent Examiner:
External scrutiny services 1,022 1,002
Accountancy services 322 312
Depreciation 2,750 2,750
============================================================ =============================================================

7 Trustees and Related Parties

No remuneration was paid to trustees in their capacity as trustees in the year (2024: none).

There was no trustees’ expenses during the year (2024: £nil).

There were no related party transactions in the current or prior year.

The charity benefits from the contribution made by volunteers. In accordance with the Charity SORP (FRS 102), the general volunteer time is not recognised.

14

West Pilton Neighbourhood Centre (SCIO) Financial statements for the year 2 April 2024 to 1 April 2025

Notes to the financial statements

8 Tangible assets

Fixtures and
fittings
Astro Pitch
£
£
Cost
At 1 April 2024
6,563
27,500
-------------------------------------------------------------
---------------------------------------------------------
--------------
At 1 April 2025
6,563
27,500
=============================================================
===========================================================
============
Depreciation
At 1 April 2024
6,563
21,771
Charge for the year
-
2,750
-----------------------------------------------------------
-----------------------------------------------------------
--------------
At 1 April 2025
6,563
24,521
=============================================================
=============================================================
============
Net book value
At 1 April 2025
-
2,979
=============================================================
=============================================================
============
At 1 April 2024
-
5,729
=============================================================
=============================================================
============
Debtors and prepayments
2025
£
Trade debtors
-
Prepayments
4,576
Accrued income
-
4,576
Creditors: amounts falling due within one year
2025
£
Trade creditors
3,471
Accruals
1,344
4,815
Total
£
34,063
-----------------------------------------------
34,063
=================================================
28,334
2,750
-----------------------------------------------
31,084
=================================================
2,979
=================================================
5,729
=================================================
2024
£
540
4,381
1,500
6,421
2024
£
5,131
1,314
6,445

10 Creditors: amounts falling due within one year

15

West Pilton Neighbourhood Centre (SCIO) Financial statements for the year 2 April 2024 to 1 April 2025

Notes to the financial statements

11 Movement in funds

Movement in funds
2024/2025 At 2 April
2024
Incoming
resources
Outgoing
resources
Transfers
between
funds
At 1 April
2025
£ £ £ £ £
Restricted funds
Holiday Activity Fund – summer provision 5,407 -
-
- 5,407
Summer Activity Fund 2,799 - - - 2,799
ESOL 165 - - - 165
The North Edinburgh Community Festival 13,418 29,550 (42,906) - 62
The North Edinburgh Community Festival – - 6,000 (660) - 5,340
paid internships
The North Edinburgh Community Festival - - 1,250 - - 1,250
Community Celebration of the Tattie
West Pilton Neighbourhood Centre Sports 5,000 - - - 5,000
Projects
The Ed Sheeran Foundation - 2,500 - - 2,500
------------------------------------------------ ------------------------------------------------ ------------------------------------------------ ------------------------------------------------ ------------------------------------------------
26,789 39,300 (43,566) - 22,523
Unrestricted funds
General funds 83,503 32,419 (20,976) -
94,946
-------------------------------------------- ------------------------------------------------ ------------------------------------------------ ------------------------------------------------ --------------------------------------------
Total funds 110,292 71,719 (64,542) - 117,469
================================================= ================================================= ================================================= ================================================= =================================================
2023/2024 At 2 April
2023
Incoming
resources
Outgoing
resources
Transfers
between
funds
At 1 April
2024
£ £ £ £ £
Restricted funds
Holiday Activity Fund – summer provision 5,407 -
-
- 5,407
Summer Activity Fund 2,799 - - - 2,799
ESOL 165 - - - 165
The North Edinburgh Community Festival 34,571 22,354 (43,507) - 13,418
West Pilton Neighbourhood Centre Sports - 5,000 - - 5,000
Projects
------------------------------------------------ ------------------------------------------------ ------------------------------------------------ ------------------------------------------------ ------------------------------------------------
42,942 27,354 (43,507) - 26,789
Unrestricted funds
General funds 85,993 20,466 (22,956) -
83,503
-------------------------------------------- ------------------------------------------------ ------------------------------------------------ ------------------------------------------------ --------------------------------------------
Total funds 128,935 47,820 (66,463) - 110,292
================================================= ================================================= ================================================= ================================================= =================================================

16

West Pilton Neighbourhood Centre (SCIO) Financial statements for the year 2 April 2024 to 1 April 2025

Notes to the financial statements

11 Movement in funds (continued)

Restricted funds:

12 Analysis of net assets between funds

2024/2025 General
funds
Restricted
funds
Total
£ £ £
Tangible fixed assets 2,979 - 2,979
Net current assets 91,967 22,523 114,490
------------------------------------------------ ------------------------------------------------ ------------------------------------------------
Net assets at 1 April 2025 94,946 22,523 117,469
================================================= =============================================== ===============================================
2023/2024 General
funds
Restricted
funds
Total
£ £ £
Tangible fixed assets 5,729 - 5,729
Net current assets 77,774 26,789 104,563
------------------------------------------------ ------------------------------------------------ ------------------------------------------------
Net assets at 1 April 2024 83,503 26,789 110,292
================================================= =============================================== ===============================================

17