[•] 8f3s75df4911Q7Bld9Q70dw4 The Holding Space SCIO Trustees. Annual Report and Accounts th As at 28 February 2025
[•] 8f3s75df4911Q7Bld9Q70dw4 GOVERNING DOCUMENT The Holding Space is a ISCIO) an Incorwrated Swttish charitable organisation (number SC0523091, govemed by Its constltution, established on 6 February 2023 MEMBERSHIP AND MANAGEMENT The structure of the organisation conslsts of the BOARD- The maximum number of charlty trustees is 7, Ihe minimum number of charty trustees is 3. Currently there are 5 trustees who meet every 6 weeks due to working with thildren and young ople. The board of trustees ar8 resFx)nsibl8 for the strategic direction and p)Iici8s of the tharity and generally control th8 aclivitt6s of the organisation; thè t()ard is reswnsible for monitoring and controlling the flnancial positlon of the organlsation. The ard also app)ints charty trustees to flll vacancies, and the Feople seNing on the board {in their capacity as members of the organisation - see clauses 11 and 13} have to make changes to the constitution itself. All hav8 a dwerse range of professional backgrounds relevant to th8 work of th8 charity. This In¢ludes s¢¢ial work. social Care, 2 buslness owners wlth over 1 S years, exFerlen¢e. Du810 th8 nature of making decisions in relatron to the s8Nic8S that th8 charity wovid8s for children and young people all truslees have a PVG. The day-lo-day responslblllty for the provlslon of the servl¢es resl wllh the Charfty Chlef Execulor Officer. The CEO is responsible for ensuring Ihat the charlty delivers the servlcgs specified and that key Ferforrnance indicators are met and has responsibility for the day- today operational management of the Charity. The Charlty has a team of sell employed Ffactilloners that dellver servl¢es of Ihe charfty and Is managed by the CEO. The CEO Telays information to Ihe Board ol Trustges ensurlng that the team continues to develop their skills and working pracb'ces in line with goc¥J practice. Respjnsibilities ol the Trustees OSCR. the Charity Regulalor, is required lo monllor, encourage and faalilate charities, compliance yth tharity law and to increase publlc confldence In chartlles. It is a legal requlremènt tor all ¢harlties to sénd a copy of thèlr accounts to OSCR. The trustees have resFKsnsibility for preparlng the Annual Accounts in accordance with applicablg charitigs legislation. The CEO has created and implomented policies and procedures, which have Ihen teen passed by the Board of Trustees, in order to safeguard the charity against risks both operalional and financlal. Accounts are either subject to independent examination or audit, in line with legislative requirements. For the 2024-2025 financial year the Accounts have been subject lo Indep9ndenl examination.
[•] 8f3s75df4911Q7Bld9Q70dw4 CHARITY TRUSTEES ADDRESS CONTACT INFORMATION CHARITABLE PURPOSES "The preventlon or rellef of povety" 'thg advarThment of education the advancement of health the advancement of citizenship or community development" "the provision of recreational facilities, or the organisalion of recreational activities, with the object of improving the condilions of lrfe for the persons for whom the facilities or activities are primarily intended" "the relief ol those in need by reason of age, ill-health, disability, financial hardship or other disadvantage.
[•] 8f3s75df4911Q7Bld9Q70dw4 OBJECTIVES AND ACTIVITIES The Holding Spac8 is a charity organisation created wilh the aim of providing early inteNention and preventative ServIS to surwl the well-teing of children, young people, and families. Our team members come from dNerse backgrounds, each bringing unique knowledge and experience to supwrt our objectives. OUT approach is centred around relationship-based and trauma-lnformèd practices while ulilising a holistic approach. We lIeVe that by addressing the root causes ol issues facing children, young people, and families, we can create lasting wsitive change in their lives. Our services will focus on earty inteNention and preventatDie measures, giving families and individuals the tools that they need lo overcome challenges and build resilience. We believe Ihal Invèstlng In thè well-being ol chlldrèn and young people will creaté a wslllve rlpple effect in society,18ading to healthTrer and more proswrous communitl8S. The Holdlng Space Is commltted lo provldlng hlgh-qualty, ovlden¢e-based support servl¢es, rc>Jted in compassion and understanding. Our fram8work is bas8d on fiv8 elements to enhance a child's secure base: • Balng avallablè- SUFPOrting trust Respond sensitively - supporting emotional regulation Accept the child - bullds self-esteern and promoies a sense of Lplonglng Co-operatlve care glvlng- promotes self4ff icacy • Promote family membership- creats'ng a sense of belonglng and a coherent narrative Our ulllmate aim is to make a positlve impact on the lfves of those we seNe and In turn, contrlbutg to buildlng a brfghler future for all.
[•] 8f3s75df4911Q7Bld9Q70dw4 ACHIEVEMENTS AND PERFORMANCE Here is a month-by-month summary of what the charity has achieved in rts second year: March & A ril 2024 In March 2024 we tegan worklng In 4 more schools and a cluster group dellvarlng 6 "lolnlng the dols" programs all togelher. Our program conslsts of Therapeutlc Art pet therapy Nurture By Nature Talking therapy • mindfulness Connèctlon To Sell The alm Is lo Help young Foople understand the connecllon b9tween thelr emollons. thoughts and behaviours, while developing a de8Fer connection with themsefves. Our programmes focus on supportlng chlldren and young Feople In achlevlng thelr developmental potentlal through holistlc Iherapies, and practical and academic sklll support. We prioritise early inleNenlion and prevention as part of the GIRFEC National Approach to supporting famity wellteing. These prograrns yre carrled out In 2 prlmary schools, 3 programs In a SEN sthwl and one of the programs was dellvered to a cluster group of c*ildren. These children were idgntiflgd as they were due to start primary school in the new schc()l year and the purpose was to support the children with Ihis transrtion. This was funded throu the grant that we r8C81ved from The Robertson Trust monies.
[•] 8f3s75df4911Q7Bld9Q70dw4 In April 2024 we continued with our 8 week 'joining the dots" ryograms in schools. We also continued wilh our renovations of our purFK)se built premises, this included a full rewire of the building, rebuilding therapy rwms and a large space were our children and young people had space for movement and play. Wa were also awarded £19,920 from the National Lottery awards for all. Thls was hugaty en8ficlal lo thè charlty In belng funded to carry out "joinlng the dots" in the community delivering a service for children and young people in our Premises outwith school hours. 2024 & June 2024 In May 2024 wa completèd the renovatlons of the premlses and also ¢omplet8d 8 weeks of our programs in hOOlS. Wa also had a board meeting to plan our servlces moving forward. We also had a meetlng wllh the piactltioners In order lo plan oui summgr program. Thls Included a 6 week creatlve surmier sessions that was funded by Robgrtson Trust
[•] 8f3s75df4911Q7Bld9Q70dw4 Jul 2024 Our summer Creatlve sesslons were very popular and well recelved. Each sesslon Induded varlous ways for our young people to express themselves In a eave way as well as bulld relationshlps with the practltlongrs and other young ople and famllies who attended. Thls Included 'creative and movement 'wts and plants week 'trp3ard game week 'LN)ok week On the week Ihal we held the bwk I8k a children's aulhor came to the space and read h8r book lo the youn9 people and donated a copy of her took to the young wople. She also had a Q & A session were the young people coukl ask her aLM)ul the book, how she came up with the story and what her inspiration this was. Each s8sslon we also provided fo(Kl and snacks for our young people wlth an awareness of holiday hunger and ensured that each young Ferson attending were grven a meal.
[•] 8f3s75df4911Q7Bld9Q70dw4 We also delivered the first "joining the dots prograrn" that was delivered (rom our premlses. When we carried out our prcgrarns in sthools some ol the feed back that we received was that the kids wanted to attend Ihe program outwith school hours. This was funded by thg national lottery communty ftjnd, lh8 grant would fund 4 of our "joining the dots" prcJrams d8liv8red from our premises. ust 2024 In August Wg had our on day In were we Invited chllthen. young people and famllies to loon us in our premises were they could get rnore Information about our seNic8s, mael the board members and praclits'oners and provide a space for families lo soaaiise with each other also. On this day we provided food lor our young Feople and families who attended. We also had a magician attended, face paintsT, glitter lattc)s and beauty technician lo provide seNices such as nail painting. This was a day full of fun and connection and yovided a vital opportunlty lo gr¢)w awareness around our servlces and what SUNrts we can provide wilhin the communty.
[•] 8f3s75df4911Q7Bld9Q70dw4 In August we delivered 121 sessions for our young 0p18 to provid8 SUFPOrt. Som8 of our young Feoplè who attended 121 sessions found il diflicult to atl8nd group work which crèated a barrler lo attèndlng thè servlces we bvere provldlng. In ordèr lo combal thls we consulted with parents, caregNers and young peoFAe as well as LKsard members and practitioners and concluded that 121 sessions would work better. We carried this out with young Feople in need ol additional SUPF()rt and also mc*Jified our "joining the dots" program to include 121 sessions also. Se tember 2024 We contlnued wlth "lolning the dots" program We launched our crealwe theatre school In Whrtehlll in South Lanarkshlre. Half of our board members are from this area and had Identtfied that this was an area of deprivatlon and socio-economic dlsadvanlage. We wanted to provide a SOlc9 were could SUPF¥)rt young Feople lo express themselves through the use of arls. When we consulted wilh young Feople some had voiced that a theatre school was something that they were interested in however found some asFects of this too overwhelming. In order to combat this we created a "crealive theatre Sch1. Ythich included singing, dancing, acting but also included arts and uafts, making musical instruments and script writing. This was to gnsure Ihal wa wer8 creating a needs led seNice that was inclusNe and mindful of some ol the challenges that young Feople may face and looked to address this. Our youn9 people have loved this aspect of our service and there is an attendance of 15+ young people who attend each week. Our children have various backgrounds and challenges including ASN, neurodwersity, soao-economic disa(fvantage and disabiliti8S.
[•] 8f3s75df4911Q7Bld9Q70dw4 To wntlnue lo ralse funds we also completed the Klllwalk in EdlnbJrgh, the monles thal we raised were also match funded b William Grants and Sons. Wa also launched our art sesslons for chlldren and young 0P10. Kld art classes provlde a sale space where chlldren can express and comrnunlcate IhelT crealive volce through play. For children this can provlde the additional benefits of holdlng their attention and developing Important cognitive and sensorimolor skills.
[•] 8f3s75df4911Q7Bld9Q70dw4 The Holding Space reWed £596 from the loeal SPAR store to support the ServIS that we deliver in the local area via their SPAR stars funding. October 2024 In October we dellvered more art sesslons for children and young Feople. We also dellvered a Halloween creative woth shop. The Majority of our young Feople who attend our seNices are neurodivergent. When speaking with young people and caregiv8rs they identified that it was sometimes difficult for them to attend mainstream recreational activities as thera was nol an Option for thelr parent lo stay with them. Al the Holding Space w8 have a room that we provlde for parents to slay on the premises $0 that Ihey are nearby for Ihelr chlldren and this also provides an opportunity lor our parents and caregivers lo connect with each other and build relationships serving to combat s<Kial isolation oulwith our seNice deliver operating hours. Our 'loining the dots. program conlinued in OCtoT where had Tommy our therapist golden retriever who attended on one ol the sessions to engage with the young people attending the wogram.
[•] 8f3s75df4911Q7Bld9Q70dw4 The Holding Space continued to provide 121 sessions for young people with our pracb'lion8rs the was funded by the grant that we received from The Robartson Trust. In October the chlldren who attend our ¢reallve theatre school put on a Halloween show for Ihelr parents, caregivers, familles and frlends from the local community, around 70 people attended this and the young people were overjoyed lo shcw their families how hard they had baen working. This avenl provided connection within the community and also a sens8 of pride within th8 young or1e. 12
[•] 8f3s75df4911Q7Bld9Q70dw4 November 2024 Som8 ol th8 feedback that we had from our young peoF4e and car8giv8rs was that Ihera was a need for services that our young people could continue to attend outsvith workshops and programs. We sought to provide continuation of Care and provide an optM)rtunity for our young Feople to continue lo a¢$$ the therapeutic relationships that they had build with practs'lioners as well as the relats'onshiF6 that they had built with other young people. We then launched our youth group lo address this n88d. Delivering this on a fortnighlly basis wlth varlous activittas such as arts and ¢xafts. bxd games, movamant and play We hosted a drop In day in N0vemLr provKling an owortunity for thg Ial communlty to attend our wemlses meet our practitioners and access support. This was also an opportunity lo connect with each other serving to combat soclal Isolation and create a space were everyone wuld attend and connect wilh each other.
[•] 8f3s75df4911Q7Bld9Q70dw4 We delwered some art sessions with our practioners pam in a small group setting. Our young Ople use arts and crafts as a way of expressing themselves through creative play. This also provides an opportunity for our young FeoF48 lo build IheraFeutic relationships with our practitioners as well as build relationslwps with other young Feople We also had an evening where we had a vlslt from Sky8 Ihe parrot, our young p&opl8 ware able to meet skye as well as ask questions about her where her owner ave us lots of information not just about Skye bul all atout her SFecies. The y ng peop this event and has asked that she return again to the Holding Space. cember 202 In December we continued 1th our youth group which the klds IINed attending. We also had our Christmas tree up and had Christmas actmties such as making Christmas cards and Christmas baubles. 14
[•] 8f3s75df4911Q7Bld9Q70dw4 ttonded Blochairn marf(et to raise monies for The Holding Space and also lo iais8 awar8nass about our seivices. Our Theatre group attended a Chrlstmas paty nlght were The Holding Space funded 22 children to go to the cinema to see Moana 2. Each Child was aiso given snacks and a Christmas present, monies from The Robertson Twst Foundation were used to fund this evening. The children who attended vold that they really enjoyed their evening and had lots ol fun SFending time logether during the wricKJ of Christmas festivities. Janua 2025 The Holding space wemises and service delNery was dosed over the Christmas peric&l and r80P8n8d in January 2025. The Holding Space Cr8atlV8 Th8atr8 School relaunched on 15 January, our youth group on 24 January and the last program of "jolnlng the dots" was also launched. The Holdlng Space receNed a grant frorn North Lanarkshire Councll of £20IXI where we were able to launch our "sense ol purFX)se' prcfv3ram Februa 2025 When SFeaking with our young people they had voiced that they would like a program were they were able to build something that they had created from scratch. In dèvelopment of Ihls we IncorForated the use ol arts and crafts and a cdcut machlne. Our young p90ple creatsd Images using arts and also using creative softriear on Ihe crlcut machine that allowed them to transfer their creations onlo water tolls, Fencil cases and other items. The young people were then able lo take these away and use them in school or gift them to their friends and family. This SUFPOrted our young people to build a sense of pride of seeing something Ihal they had created imaginatively and bring it lo life and something that Ihey could use in school.
[•] 8f3s75df4911Q7Bld9Q70dw4 In February we also began work in 4 different sthools delNering our "joining the dots- program via VANL funding that each school cluster could access. We deliver8d our program in 2 secondary schools. a cluster of 3 primary schools and also l ASN schwl.
[•] 8f3s75df4911Q7Bld9Q70dw4 FUTURE PLANS The Holding Space will continue to provide servi$ to supwrt the mental health and well being of children, young people and families in Lanakshire This will LE done in our pr8mis8s and also within sClS. In June 2025 attended a networking meeting alongside other third sector organisations in LanarPshire that was supported ty VANL and North Lanatkshlre coundl. From this 6v6nl 15 Joining th8 Dots programs warè requested to deltvered by various cluster leads. This is due to take place in the new school lerm in Augusl 2025. We have also beèn dolng lots of nOtorking wlth other organlsatlons and have crèated Ilnks with other organisations such as Twechar hgallh living and enterprise centre and Anam Alba. We have attended events that has teen delNered by Anam Alba and understand hcw vital it is to create these links 2nd work together to create change for our children young p8opl8 and families. continu8 to attend training events in ord8r lo 8nsure that provldè a needs led servica and purwseful eaty InteNentlon. has also created a training school called "use of S81f, th8 wsion for this is to provid8 accr8dited training events and workshops working alongside par8nls, car8giv8rs and professlonals to support Ihosè who SUPF4M children. The tralning that has developed has been assèssed and a¢credltèd by the CPD group and are now recognlsed courses. seeks to dellver these on a pilot basis al no cost in oTdeT to provlde a seNice that can support those who are supForting children. is also due lo attend book bug trainlng In June 2025, the purpose of thls Iralnlng Is lo provide a service that can accessed by preschool children and baties as the seNices that we currently offer are accessed by children aged 5 years plus. 17
[•] 8f3s75df4911Q7Bld9Q70dw4 FINANCIAL REVIEW During the year, The Holding Space SCIO g8nerat8d total receipts of £51,699 {2024'. £27,576), reflecting a significant increase in income, prIMlIY due lo SUC$sful grant awards received within restricted funds. Grant income rose to £39,820, compared wlth £8,800 in th8 previous year. Unr8slricted income lolalled £12,T19. with strong contributions from donations, income-generation activities. and other income. Total payments for the year amounted to £50,86912024: £25,306}. The majority of expenditure related to charitable activities, which increased in line with the delivery of funded projects. Charitable payments lolalled £44,902. including £36,827 from restricted lunds. Capital purchases amounted to £4,128, SUPFK)rting improvements lo the charity's facilities and equipment. Governance costs were £1,840, reflecting the charity's continued investment In robust overslght and compllance. As a result. thè charlty achieved an overall surplus of £W2912024: £2.2711. Thls comprlsed a surplus of £86 in unrestricted funds and £743 within restricted funds. These positlV8 results strengthen the charity's financial wsilion and help ensure continued support for core servl¢es and proje¢l dellvery. RESERVES POLICY The charity aims lo rnntaIn unrestricted reserves equivalent to aFproxima181y three months of 0ratIng costs. in order lo protect against un8xpected shortfalls or urgent funding needs. Restrlcled reseNes relate to speciflc project commitments and currenly cover £6,000 of salary, rent, partial running costs. and olher tKolect exFenses. ReseNes will nol in¢lude any restricted or designated funds. Any use of unrestricted reserves must be approved by the Trustees. This policy will be reviewed annually to ensure it remalns appropriate. As al 28 February, the closlng balance for unrestrlcled fvnds increasgd lo £1,558, provldlng a m¢)desl bul stable level ol Ireety avallable reserves. The currenl reserves targel is £1,000, representing one month ol running costs excluding refurbishment costs. The unrestricted reserves therefore exceed the current rwserves tsrgel. CLOSING BANK BALANCE 2025 2025 Unrnstrlcled Restrlcted Funds Funds 2025 Total Funds 2024 Total Funds CASH IN HAND AND BANK The Holding Space SCIO The Holding Space Gredit Union Cash in hand CLOSING BALANCE 28.02.25 523 2.243 2.766 1,113 1,865 1,035 18
[•] 8f3s75df4911Q7Bld9Q70dw4 THE HOLDING SPACE SCIO RECEIPTS AND PAYMENTS ACCOUNTS AND STATEMENT OF BALANCES FOR THE YEAR ENDED 28 FEBRUARY 21r25 2025 2025 Unrostricted Rgstrictgd Funds Funds 2025 Total Fund8 2024 Total Funds RECEIIryS Donations Incom8 g&n&ratson Grant irrn9 Other income TOTAL RECEIFYrs 3.469 7.587 900 3,469 7,587 39,820 2,543 51,699 4,250 14,525 8,800 38,920 12,779 27,576 PA YMENTS Fund raising Costs Charilablg Paym9nls C8pital purchases Govarnanca 288 24,317 8,075 3,378 1,240 12,692 ,827 44,902 750 4,128 1.840 50,869 TOTAL PA YMENTS 38,177 24,605 SURPLUSY(DEFICIT) 743 829 2,272 STATEMENT OF BALANCES 2025 2025 Unr•gtrictod R•gtri¢t8d Funds Funds 2025 Total Fund$ 2024 Tolal Fund$ OPENING BALANCES OFéning baaneès101.03.241 surusI{D9I1CItI lor the year CLOSING BALANCES {28.02.251 1,472 1.$)0 743 2,972 829 58 CASH IN HAND AND BANK The Holding Space SCIO Tha Holding Spaco Crodil Union Cash in hand CLOSING BALANCE128.02.25> 523 2,243 2,766 1,865 58 19
[•] 8f3s75df4911Q7Bld9Q70dw4 1 BASIS OF AccouKfiNG Thèse accounts have beèn prepared on the recelpts and Payments Basis In accordanca with the charilies and Trustee investrnent IScoland} Act 2005 and the charities Accounts (Scollandl, Regulations 2006las amended) 2 NATURE AND PURPOSE OF FUNDS Unrestricted Funds-unrestricled funds come from donations, fundraising activities and rental income that is available for the general PurFeS of the charity. These funds rnay be used al tha discretion ol the Trustees to supwrt the day-lo-day oparalions of The Holding Space SCIO, induding staffing, core running costs, seNice deltvery, and any other activities that further the charity's objects. Unrestricted funds also include any donations or income not sp8clflcally dèslgnaled ty donors or funders for partIlar projects. Restrlct8d Funds-Restrlcted funds conslst of grants and donatlons recèlved for spadllc purposes as determined by the funder. These funds can only te used in accordance with th8 conditions attached to each award. During the year, restricted income supported project d8llv8ry. programmè aclivitt8s. and capital Improv8m8nts aligned wlth fund8r rèquiremènts. Any unspent balances at the year-end ar8 carri8d forward to b8 aFplied to the continuation of these restricted activities in the next financial period. FUND BALANCES as al 28.If2.25 Opning Bal- 01.03.24 £ Closing 28.02.25 £ 13 cél t$£ 4,500 1.500 m&nts £ 4,487 1,500 751 10,000 994 414 Rèstrictèd, VANL-Portland Rèstrictèd, VANL-St Marys Rèstrictèd, VANL-St Andrèw$ Rèstrictèd, ROrtSOn Trust Rgstrictgd, NLC-Challorgo Fu1 NLC A Sense ol Purpose Restricted, Lotto- Awards lor all TOTAL RESTRICTED FUNDS UNRESTRICTED. GENERAL FUND TOTAL FUND 1.500 749 10,000 1,000 2,000 19.920 1,586 12,TT9 12,802 69 3 RELATED PARTY TRANSACTIONS No remunerallon has been paid to any trustees in accordance wlth section 67 of th8 Charities and Trusteg invgslment IScolland} Act 2005. Thgre wgre no other salarigs pald to any connected persons during the year. There were exFenses paid lo tNslees or connected persons during the year. The sum of £1,825 was paid into the Chairperson'slCPI personal account and then £1,000 was transferred into the charity's bank account and can be seen in other income, the other £825 was used to pay for various refUlShing costs. 25 24 2,466 £9,380 1 Trust80 Out of pccket 20
[•] 8f3s75df4911Q7Bld9Q70dw4 4 DONATIONS 2025 Unrostrlctod Funds 2025 Rgstrictad FurKIs 2025 Total Funds 2024 Total FurKIs Donalions-Non-Gift Aid Donations Busin8SS SFeedo Mick Foundation TOTAL 2,250 1.749 1,749 2,000 4,250 3,469 3,469 5 FUNDRAING 202S Unrnstrlctéd Funds 2025 R&strlct Funds 2025 Total Funds 2024 Total Funds Rental Income Fundraising TOTAL 1,720 5,867 7,587 1,720 5,867 7,587 14,525 14,525 6 GRANT INCOME 2025 2025 Unrg8trlct8d Roslriclgd Funds Funds 2025 Total Funds 2024 Tolal Funds The National Lottery Rotertson Trust North lanarkshire Councll South Lanarkshire Council Voluntary Action North Lanarkshlre TOTAL 19,920 10,OCM) 3,OCJ) 19,920 10,000 3,900 7,000 9)0 300 1,500 8,8CIO 6,OCM) 38,920 6,000 39,820 7 OTHER INCOME 2025 Unrestricted Fund8 2025 Restricted Fund8 2025 Total Funds 2024 Total Fund8 Other Revenue Trustee Rapayment" TOTAL 1,543 .1,000 2543 "1,000 2,543 21
[•] 8f3s75df4911Q7Bld9Q70dw4 8 FUND RAISING COSTS 2025 2025 Unvestricted Restricted Funds Funds 2025 Total Funds 2024 Total FurKIs Raffl8S Fundraislng costs TOTAL 12 276 288 9 CHARITABLE PAYMENTS Charltablè Payments 2025 Unrngtrlctad Funds 2025 Strlctod Funds 25 Total Funds 2024 Total Funds Salaries Sell-Employed Practitioners Programmè Adminislratlon One lo Ones Training Admln Cosls Rent Insurance Factor Faes Refurblshment Signagg Light, Power, Heating Cleanlng Storage Fees Advertising and Marketlng Telephone & Internet Printing & Stationery Poslage, Freight & Courier IT SOare and Consumables Consulting Fd and Snacks Motor Vehicle Expenses Refreshments Open day Costs Dog therapy Crystal Purchases Welcome Packs Subscriptions Sundries bank Fees TOTAL 6,OCQ 10,848 1,658 1,780 6,000 11,068 1,658 1,820 264 1,900 11,006 811 1,418 6,105 1,500 350 700 530 220 40 1.g 11,OC6 811 1,063 530 7g7 6,290 355 5.575 9,47S 600 514 31 545 33S 374 375 325 325 20 114 20 259 145 8S 20 40 117 350 118 120 40 313 40 200 305 305 1,946 354 12 12 586 124 586 124 101 8,075 36,827 44,902 24,317 22
[•] 8f3s75df4911Q7Bld9Q70dw4 CAPITAL PURCHASES 10 LIABILITIES Capital purchases 2025 Unrgstrlcted Funds 2025 Rgstrictgd Funds 2025 Total Funds 2024 Total Funds Capital purchases TOTAL 3,378 3,378 750 750 4,128 4,128 11 GOVERNANCE 2025 Unrnstrlctad Funds 2025 R9Strlctgd Funds 2025 Total Funds 2024 Total Funds Community Accounting Service Truslae payments. TOTAL 240 '1.COO 1,240 840 1.000 1,840 The £1,000 Truste&relat8d payment has been fully reimbursed to the charity and subsequently allocated to unrestricted general funds." 12. FIXED ASSETS The Holdlng Space Establlshes £250 as threshold amount for mlnlmurn befo belng added lo Fix8d asset register. All rt8rns of a capial nature are 8xpensed in the Receipts and Payments accounts. Assets wlll vued at historlc cost. 2025 £ 4,128 Assets 23
[•] 8f3s75df4911Q7Bld9Q70dw4 12 LIABILITIES The tharity CCUpIeS premises leas8d from The Brai"d Famity Pension Scheme under a non- cancellable oFerating lease agreement. The lease MMenCed on 19 June 2023 for a term of five years, ending 18 June 2028. A rent-free period was 9ranted from 19 June 2023 10 30 Novembar 2023. The annual rent is £12,000 per annum. payabl8 in inslalments. Tha n8Xt rent revi8W IS scheduled lor 18 Dernber 2025. As al 28 February 2025, the charity oVd £1,000 in rent. During the period, the landlord agreed to offset rent of £1,C0 In respect of radiatOTsiheaters purchased dlrectly by the charity for the premises. rathèr than reimbursing the charty. This transaction has b88n tr8ated as a settlement of rent expense to reflect the economic substance. Factor Feès ProFety Insuranc8 £228.19 Quartwly Sut4èct to repalr and malnlenance schèdule £835.17 Annually Payable each year LEASING COSTS 2025 225 Unrestrlcted Restrlcted Funds Funds 2025 Total Funds 2024 Total Funds Rent" Insuranc8 Factor Fees TOTAL 11,006 811 1,063 11,006 811 1,418 6,290 355 355 ' The landlordprovided a £1,000 rent reduction as a contribution towards substantial refurbishment costs.. The accounts for the year are attached on pages 1 to 11 and the notes to the accounts form an Integral part of thls rewrt. The report was approved by the trustges on and si ned on their behall Date 20 Nov 2025 IWQ 24
[•] 8f3s75df4911Q7Bld9Q70dw4 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE HOLDING SPACE I report on the accounts of the charty for the year ended 28 February 2025 which are set out on pages 1 to 24 RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The charily's trustees ar8 resp)nsible lor the preparation of the accounts in accordanc8 with the tèrms of the Charitlès and Ttustèe Investment IScotland} Act 2C(15 and the Charltiés Accounts (Scotlandl Regulations 3)06. The charty twstees consider that the audit requirement of Regulation 10{11 Idl ol the Charities Accounts {Scollandl Regulations 2006 does not apply.11 is rny responsibility to examine the accounts as required under section 44111 Icl ol th8 Act and to stale whether particular matters have come to my attention. BASIS OF INDEPENDEfrrr EXAMINER'S STATEMENT My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scollandl Flegulalions 2006. An examination includes a review of the accounting records kept by the charity and a comparison ol the accounts pres8nled with those records. It also includes conslderatlon of any unusual tl8ms or disclosurès In the accounts, and the seeklng of explanatlons from you as Irustses ¢on¢ernlng any suth mallers. The pr¢xedures undertaken do not provide all the evidence that would be required in an audlt and. consequgnlly, I do not express an audit opinion on the view gNen by the accounts. INDEPENDENT EXAMINERS, STATEMENT In the course ol my examlnation. no matter has come to my attènllon: 11 which gives me reasonable cause lo believe that. In any materfal resFecI, the requlremenls lo keep accounting records in accordance with Section 4411) lal of the 2005 Act and Regulatlon 4 01 the 2006 Accounts Regulatlons. and lo prepare a¢¢ounls vthkh accord wllh Ihe a¢¢ounling records and comply wtth Regulation 9 of the 2006 Accounts Regulations hav8 not been met,. or 21 to which, in my opinion. attention should drawn in order to enae a proper understandin ol the accounts lo be reached. Slgne Finan Professional Qualification '. MAAT AATQB Address: Voluntary Action North Lanarkshlre 7 Scott Street Motherwell MLI 1PN Dale:... 202251UTa.. 25