The Growth Partnership
Scottish Charity No. 046802
Annual Accounts and Financial Statements
For year ended 31[st] March 2025
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The Growth Partnership SCIO Trustees' Annual Report
The trustees have pleasure in presenting their annual report and financial statements for the Growth Partnership for the year ended 31 March 2025
Reference and Administrative Information
Charity name: The Growth Partnership
Charity registration number:
SC046892
Charity address:
Trustees
and as such the trustees are the members of the charity.
Appointment of trustees
Three of the existing trustees were appointed on the establishment of the charity in August 2016. Andrew Park joined the Board in January 2020.
Objectives and Activities
Charitable Purpose
The charitable purpose of the Growth Partnership is: "the advancement of citizenship or community development".
The organisation will promote the effectiveness and efficiency of charities by supporting the strategic and resource development of partnering charities enabling them to deliver high quality, sustainable, cost effective services which address community needs in the short, medium and long term. The organisation will work with a variety of Charities and will have a particular, but not exclusive, focus on developing partnerships which support the Christian Churches and Para Church organisations.
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The Growth Partnership SCIO
Trustees' Annual Report
Activities
The charity promotes and supports the development of Social Impact Investment as means to finance high quality, sustainable, cost effective services in the community - particularly to the most vulnerable members of our communities.
This involves:
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Engaging and supporting Social Sector organisations as Delivery Partners in designing and
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delivering services in the community to address challenging social issues.
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Engaging Investment Partners to provide the working capital for the service provision
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Engaging Outcome Partners who agree a set of outcomes with the Delivery Partner. When
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these outcomes are achieved through the service delivery then the Outcome Partner pays for
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the service allowing the Investment Partners to be repaid.
Achievements and Performance
The Charity employs a part time member of staff. This allows the charity to continue to engage with the wider Voluntary, Private and Public sectors in Scotland to develop service provision models using Social Impact Investment as the financing structure. In 2024 – 25 there was a particular focus on Substance Dependency Rehabilitation and on engaging in strategic conversations with Scottish Government, Local Health Boards and potential Investors.
The Charity continues to develop important networks of awareness, partnership and support locally, nationally and internationally ensuring that we gain from, and contribute to, the body of evidence and learning emerging in this fast growing field.
Financial Review
Our funding is secured from a variety of sources, primarily from commissions to develop the business case of services addressing specific social issues alongside support from philanthropic foundations.
Our fundraising is ongoing with a view to making the Charity sustainable on the basis of self generated revenue from the provision of support to ongoing service provision established using Social Impact Investment.
Reserves Policy
The Growth Partnership aims to retain 3 months' worth of normal running cost in order to meet commitments and cover any unexpected expenditure.
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Plans for Future Period
The charity will continue to collaborate with a wide range of partners across the Voluntary, Private and Public sectors to develop services financed using Social Impact Investment which can deliver high quality, person centred, sustainable and cost effective services which support some of our most vulnerable fellow citizens.
Approved by the Trustees and signed on their behalf:
Date: 08/12/25
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The Growth Partnership SCIO Independent Examiner' s Report
Independent Exaniner's Report to The Growth Partnership SCIO
I report on the accounts of the Charity for the year ended 31 March 2025 which are set out on pages 6 to 8.
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.
The Charity Trustees consider that the audit requirement of Regulation 10(1) (d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts under Section 44(1) c of the Act and to state whether particular matters come to my attention.
Basis of Independent Examiner's Statement
My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. 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, ans seeks expalnations from the Trustees concerning any such matter. 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.
During the examination of the accounts there has been no matter which has come to my attention which give me cause to believe that there is any material misrepresentation in the accounting in terms of the requirements of the accounting basis used. These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities and Investments (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 as amended.
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Sig
Date: 19/11/25
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Approved by the Trustees at the Annual General Meeting
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Mr Don Jarvie, Chairperson. The Growth Partnership SCIO Receipts and Payments Account for the year ended 31 March 2025
| Unrestricted | Restricted | ||||
|---|---|---|---|---|---|
| Funds | Funds | 2025 | 2024 | ||
| £ | £ | ||||
| Receipts |
Note | ||||
| Donations |
1 | 150 | 150 | 150 | |
| Grants |
2 | 12,100 | 12,100 | 24,750 | |
| Other Income | |||||
| Total Receipts | 12,250 | 12,250 | 24,900 | ||
| Payments | |||||
| Charitable Activities | 3 | 9,900 | 9,900 | 22,934 | |
| Governance | 480 | 480 | |||
| Total Payments | 10,380 | 10,380 | 23,414 | ||
| Excess of receipts over | payments | 1,870 | 1,870 | 1,486 | |
| Fund balances 1stApril | 2024 | 2,344 | 2,344 | 857 | |
| Fund balances 31stMarch 2025 | 4,214 | 4,214 | 2,343 |
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The Growth Partnership SCIO Statement of Balances as at 31 March 2025
| Bank and Deposit Balances Note | Unrestricted Restricted | 2025 | 2024 |
|---|---|---|---|
| Bank and Deposit Balances | 2,480 | 2,480 | 857 |
| Brought forward | |||
| Movement in year | |||
| Excess of receipts over payments | 1,870 | 2,350 | 1,621 |
| for year | |||
| Bank and deposit balances | 4,349 | 4,829 | 1,621 |
| Brought forward | |||
| Debtors Unrestricted | |||
| Prepaid Insurance | |||
| Liabilities Unrestricted | |||
| Independent Examiners fee | 480 | ||
| PAYE | 136 | 136 | 135 |
| Credit Card | |||
| Net Assets | 4,214 | 4,214 | 2,343 |
| Represented by: | |||
| Fund balance | 4,214 | 4,214 | 2,343 |
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The Growth Partnership SCIO Notes to the Accounts
for the year ended 31 March 2025
| Unrestricted Restricted | 2025 | 2024 | ||
|---|---|---|---|---|
| 1. | Analysis of accounts | |||
| Donations | 150 | 150 | 150 | |
| 2. | Grants | |||
| SU Scotland | 7,350 | 7,350 | ||
| Tayside Health Board | 4,750 | 4,750 | 4,750 | |
| Northwood Charitable Trust | 20,000 | |||
| 3. | Analysis of Payments | |||
| Charitable Activities | ||||
| Salaries | 8,240 | 8,240 | 19,651 | |
| Employers Pension | 1,575 | |||
| Premises expenses | 234 | |||
| Insurance | 355 | 355 | 341 | |
| Postage, stationary | 509 | 509 | 411 | |
| Ink, phone | ||||
| Subscription charges | 28 | 28 | 28 | |
| Travel & subsistence | 476 | 476 | 241 | |
| Computer and website | 293 | 293 | 453 | |
| costs | ||||
| 9,900 | 9,900 | 22,934 |
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