Pentlands Community Space Annual Report and Financial Statements For the year ended 31 May 2025
Scottish Charity Number: SC049766
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Trustees Annual Report For the year ended 31 May 2025
The Trustees have pleasure in presenting their report together with financial statements for the year ended 31 May 2025.
Reference and Administrative Information
Charity Name
Pentlands Community Space
Charity Number
SC049766
Address
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Current Trustees
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Structure and Governance
Constitution
The Charity is a Scottish Charitable Incorporated Organisation (SCIO). It was registered in its current legal form on 22 November 2019. It has a single tier structure and as such trustees are members of the Charity.
Appointment of Trustees
The Charity's trustees normally meet bi-monthly. They all live or work in Juniper Green and surrounding area, most appointed in November 2019 but recently joined as Trustee and Treasurer.
Trustees are elected at the Annual General Meeting which is held towards the end of the year. There must be a minimum of four and a maximum of ten trustees.
Objectives and Activities
Charitable Purposes
The advancement of the arts, heritage, culture, or science; the provision of recreational facilities, or the organisation of recreational activities, all with the objective of improving the conditions of life for the local people for whom the facility and the activities are primarily intended.
Activities
During our second year of operation, we continue to run free drop-in Monday Come for a Cuppa, Tuesday morning knitting, mindfulness, yoga, Book Bug, Sporting Memories, Book Group, gardening group, languages, sewing skills, monthly crafting activities, etc but also started Mahjong, Great Big Green week activities amongst others.
Achievements and Current Status
The Hub has a mixture of events using the space including clubs, commercial hires, community meetings, political meetings, our free funded and unfunded events and other adhoc events including our festive social drop-in session and our ongoing monthly crafting activities for both adult (social evening) and intergenerational on a Friday afternoon. Crafting sessions from lino printing to Halloween biscuit decorating to Christmas Wreaths.
We continue to receive rental from the flat above the Hub and continue to have a good mix of paid and free hires helping to support the range of events and regular activities that are offered.
The wholly owned subsidiary Pentlands Regeneration Limited (Company Registration Number SC691615), which was set up in 2021 to manage the building of the Hub and flat. Some delays in closing the company but should be completed next year. The financial statements of Pentlands Regeneration Limited can be obtained from Companies House.
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Scottish Book Trust part funded teen talk attended by S5/6 pupils from our local high schools
2024 Christmas Festive Open Doors event
Teen Study Skills for local high school pupils
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Financial Review
This was the sixth full year of operations for PCS with £51,103 raised through donations, grants, fundraising, rental income from the flat and hires of The Hub. Expenditure of £20,344 for admin, marketing and maintenance costs left a surplus of £30,759 in the year, with a bank balance and reserve of £59,906 which will be required as an operating reserve for the ongoing maintenance and running of the Hub and flat for the future years.
£45,164.56 is currently sitting in an interest-bearing savings account to try to maximise the returns on funds available to the Hub. The Trustees are considering some forms of mediumterm low risk investments for some of this surplus to help grow the reserves.
We received our third and final year of 3-year funding from EVOC's Community Mental Health & Wellbeing Fund. In addition, many people in the local community continued to give generous donations including a very generous gift of £25,000 from a local supporter which will give the Hub a good buffer from any unexpected expenses and allow us to support more local activities free of charge.
The trustees had updates on good governance practice and developments in charity law and have again worked on fund raising initiatives.
Plans for the Future
In March 2025 we ran a facilitated workshop attended by a mix of volunteers, people who ran events, people who attended events and trustees to set up a vision focussing on core values that will allow us to make the most of the space and facilities we offer and ensure we continue to accurately reflect the needs of our community and continue to support and grow the groups using the Hub.
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Statement of Receipts & Payments - 31 May 2025
| Receipts Donations Grants Fundraising Rental Hires Other TOTAL RECEIPTS Payments Marketing Admin Building Other TOTAL PAYMENTS Surplus / (Deficit) Transfer SURPLUS / (DEFICIT) |
Unrestricted Funds 28,994.36 8,318.04 6,533.75 239.55 44,085.70 (10,624.00) (5,322.60) (1,000.00) (16,946.60) 27,139.10 27,139.10 £ |
Restricted Funds 7,018.19 7,018.19 (3,398.18) (3,398.18) 3,620.01 3,620.01 £ |
Year Ended 31/05/2025 28,994.36 7,018.19 - 8,318.04 6,533.75 239.55 51,103.89 (20,344.78) 30,759.11 30,759.11 £ |
Year Ended 31/05/2024 1,642.21 17,024.48 830.00 8,400.00 7,250.83 39.49 |
|---|---|---|---|---|
| 35,187.01 | ||||
| (23.96) (15,509.80) (125.16) |
||||
| (15,658.92) | ||||
| 19,528.09 | ||||
| 19,528.09 £ |
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Statement of Balances - 31 May 2025
| Opening cash at Bank Surplus / (Deficit) for the year Closing cash at Bank Bank & Cash Balances RBS Charity Account RBS Reserve Account Total |
Unrestricted Funds 19,484.06 £ 1,458.60 £ 45,164.56 £ 46,623.16 £ |
Restricted Funds 9,663.18 £ 3,620.01 £ 13,283.19 £ 13,283.19 £ - 13,283.19 £ |
Year Ended 31/05/2025 29,147.24 £ 30,759.11 £ 59,906.35 £ 14,741.79 £ 45,164.56 £ 59,906.35 £ |
Year Ended 31/05/2024 9,619.15 £ 19,528.09 £ 29,147.24 £ 29,147.24 £ - |
|---|---|---|---|---|
| 29,147.24 £ |
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Notes to the Accounts - 31 May 2025
1. Basis of Accounting
These accounts have been prepared on the Receipts and Payments in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (amended).
2. Nature and Purpose of Funds
Unrestricted funds are those that may be used at the discretion of the trustees in furtherance of the objectives of the Charity. £44,085.70 is recorded here and is made up of £28,994.36 from donations, £8,318.04 flat rental, £6,533.75 hires, and £239.55 other.
Restricted funds may only be used for specific purposes. Restrictions arise when specified by the donor or when funds are raised for specific purposes.
This was £7,018.19 during the year and is made up of income from the EVOC CMHWB Fund and includes a residual sum of £14 in relation to Scottish Book Trust Fund.
Signed as Treasurer:
19[th] November 2025
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Pentlands Community Space
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Independent Examiner’s Report to the Trustees of the Pentlands Community Space
| report on the accounts of the charity for the year end 31 May 2025 as set out in the
separate statement.
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Responsibilities of the Trustees and the examiner
The trustees are responsible for the preparation of the accounts in accordance with the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 as amended. The trustees consider that the audit requirement of regulation 10 (1) (d) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the accounts as required by section 44(1)C of the Act and to state whether particular matters have come to my attention.
Basis of the 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 PCS and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required of an audit and, consequently, | do not express an audit opinion on the accounts.
Independent examiner's statement
In the course of my examination, no matter has come to my attention:
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Which gives me reasonable cause to believe that in any material respect the requirements:
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a. To keep accounting records in accordance with Section 44 (1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations and
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b. To prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations have not been met, or
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Towhich, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.