## **PINKSTON PANTHERS** **SC050346** **RECEIPTS AND PAYMENTS ACCOUNTS YEAR ENDED 30 JUNE 2024** **Pinkston Panthers SCIO (SC050346)** ## **Year ended 30 June 2024** ## **APPENDIX 1** **----- Start of picture text -----**
Trustees’ Annual Report for the period
Period start date Period end date
Day Month Year Day Month Year
From 01 07 2023 To 30 06 2024
OSC r
Office of the Scottish Charity Regulator
**----- End of picture text -----**
## **Reference and administration details** **Charity name** Pinkston Panthers **Other names charity is known by Registered charity number SC050346 Charity’s principal address** **Names of the charity trustees on date of approval of Trustees’ Annual Report** **----- Start of picture text -----**
Name of person
Dates acted if
Trustee name Office (if any) (or body) entitled to
not for whole year
appoint trustee (if any)
1
2
3
4
5
6
**----- End of picture text -----**
## **Reference and administration details** **Names of all other charity trustees during the period, if any, (for example, those who resigned part way through the financial period)** 1 **Pinkston Panthers SCIO (SC050346)** **Year ended 30 June 2024** ## **Structure, governance and management** **Type of governing document** SCIO **Trustee recruitment and appointment** Trustees are drawn from the parents of club members with volunteers sought via the club group chat as required. ## **Objectives and activities** - **Charitable purposes** - The advancement of public participation in the sport of canoeing, kayaking or other paddlesports. - - To encourage all prospective and current paddlers to contribute to the development of the sport and the organisation in line with their abilities and aspirations. - Provide accessible training in paddle sports to anyone from complete novice to seasoned competitor **Summary of the main activities in relation to these objects** We run a coached club night every night throughout the year that caters for beginners right up to serious competitors. We also arrange training sessions at other sites in Scotland and down south mainly focussed on members who are interested in competing. We run Slalom competitions as part of British Canoeing’s National Ranking Races. 2 **Pinkston Panthers SCIO (SC050346)** **Year ended 30 June 2024** ## **Achievements and performance** |**Summary of the main achievements**
**of the charity during the financial**
**period**|Ran weekly club sessions and some weekend training camps. Also
coached members at competition weekends.
Organised races at Pinkston, Grandtully and Alva.
There were numerous successes at British National ranking races and
several members were promoted to higher divisions through the year.| |---|---| ## **Financial review** |**Brief statement of the charity’s policy**
**on reserves**
**Details of any deficit**
**Donated facilities and services (if**
**any)**|We maintain close control on finances and always ensure that there are
sufficient reserves to cover fixed costs (container storage, insurance
etc.)
Income is generated from Club sessions, races and grants.
Expenditure is mainly on storage, Equipment and paying for site hire.
We charge members for club sessions at a rate that just covers the
sessions. Where sessions are too small to be economic then we will
cancel them.
Race income, donations and grant funding cover purchase of new
equipment and storage hire.
Fixed costs comprise mainly of storage costs and it is our aim to build
our reserves to cover these costs should income cease for a period of
time.
Free unrestricted reserves at year end were £16,943, which meets the
above policy.| |---|---| ||N/A| ||N/A| 3 **Pinkston Panthers SCIO (SC050346)** ## **Year ended 30 June 2024** ## **APPENDIX 1** ## **Other optional information** N/A ## **Declaration** **The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees** **Signature(s) Full name(s) Position (e.g. Chair)** Treasurer **Date** 14/03/2025 4 **Pinkston Panthers SCIO (SC050346)** ## **Year ended 30 June 2024** ## **Independent Examiner's Report to the Trustees of Pinkston Panthers SCIO** I report on the accounts for the year ended 30 June 2024 set out on pages six to nine. ## **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's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the 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 the independent examiner's report** My examination was 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, and seeking explanations from you as 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 connection with my examination, no matter has come to my attention: - (1) Which gives me reasonable cause to believe that, in any material respect, the requirements - to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and - to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations have not been met; or - (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Cowan & Partners Limited 60 Constitution Street Edinburgh EH6 6RR Date: 14/03/2025 5 **Pinkston Panthers SCIO (SC050346)** ## **Year ended 30 June 2024** ## **Receipts and Payments** |**Notes**
**Receipts**
Donations & Legacies
**5**
**Income from Charitable Activities:**
**6**
Club Nights & Water Fees
Equipment Sales
Kit Sales
Membership
Race Income & Competitions
Summer Sessions
**Total Receipts**
**Payments relating to Charitable Activities:**
**7**
Accounting
Coaching
Equipment
Minibus Costs
Race & Competition Costs
Sundry Expenses
Water & Container Charges
Website
**Total Payments**
**Surplus/(Deficit) for the year**
**Transfers between funds**
**Cash funds brought forward**
**8**
**Cash funds carried forward**|**Unrestricted Restricted**
**Total Funds**
**Total**
**Funds**
**Funds**
**2024**
**2023**
**£**
**£**
**£**
**£**
-
-
-
10,000
8,497
-
8,497
8,327
800
-
800
-
-
-
-
460
4,090
-
4,090
2,836
19,725
19,725
12,563
-
-
-
3,198| |---|---| ||33,112
-
33,112
37,384
660
-
660
630
-
-
1,980
1,900
-
1,900
1,528
8,752
8,752
-
5,272
-
5,272
3,715
125
-
125
120
22,010
-
22,010
16,937
219
-
219
191| ||38,938
-
38,938
25,101
(5,826)
-
(5,826)
12,283
-
-
-
-
22,769
-
22,769
10,486
16,943
-
16,943
22,769| 6 **Pinkston Panthers SCIO (SC050346)** ## **Year ended 30 June 2024** ## **Statement of Balances** ## **Cash at Bank and in Hand** |Cash and bank balances at start of period
Suplus/(Deficit) for the period
Transfer of Funds
**Cash and bank balances at end of period**|Unrestricted Restricted Total Funds
Funds
Funds
Funds
2024
2023
£
£
£
£
22,769
-
22,769
10,486
(5,826)
-
(5,826)
12,283
-
-
-
-| |---|---| ||16,943
-
16,943
22,769| Accounts are prepared on a receipts and payments basis; however, the following assets and liabilities are in existence at the year-end. ## **Assets** During the year, the charity purchased a mini bus costing £5,800. ## **Liabilities** An Independent Examiners fee of £690 for the year ended 30 June 2024 is due. ## **Notes to the Accounts** ## **1. Basis of Accounting** These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities & Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as 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 objects of the charity. The trustees maintain a single unrestricted fund for the day-to-day running of the charity. ## **3. Related Party Transactions** There were no related party transactions in the year ended 30 June 2024 (2023: Donation of £10,000 made by a trustee). 7 **Pinkston Panthers SCIO (SC050346)** ## **Year ended 30 June 2024** ## **4. Trustee Remuneration and Expenses** The members of the Board of Trustees did not receive any remuneration or expenses in the year (2023: £nil). ## **5. Donations & Legacies** |**. Donations & Legacies**||| |---|---|---| |Donation
**. Income from Charitable Activities**
Club Nights & Water Fees
Equipment Sales
Kit Sales
Membership
Race Income & Competitions
Summer Sessions
**. Costs of Charitable Activities**
Accounting
Coaching
Equipment
Minibus Purchase
Minibus Costs
Race Costs
Race Levies
SCA Affiliation
Water & Container Charges
Website|**2024**
**£**
-
-
**2024**
**£**
8,497
800
-
4,090
19,725
-
33,112
**2024**
**£**
660
-
1,900
5,800
2,952
2,401
2,871
125
22,010
219
38,938|**2023**
**£**
10,000
10,000| |||**2023**
**£**
8,327
-
460
2,836
12,563
3,198
27,384| |||**2023**
**£**
630
1,980
1,528
-
-
1,206
2,509
120
16,937
191
25,101| ## **6. Income from Charitable Activities** ## **7. Costs of Charitable Activities** 8 **Pinkston Panthers SCIO (SC050346)** ## **Year ended 30 June 2024** ## **8. Movement in Funds** |General
Restricted
Total|Balance at
Balance at
1 July 2023
Received
Paid
Transfers
30 June 2024
£
£
£
£
£
22,769
33,112
(38,938)
-
16,943
-
-
-
-
-| |---|---| ||22,769
33,112
(38,938)
-
16,943| Approved by the Board of Trustees and signed on its behalf Name Date 14/03/2025 9