PERTH DEBT CENTRE
Scottish Charity Number SC052688
c/0 32 Hamilton Place, PERTH PHI IBD
ANNUAL REPORT AND ACCOUNTS
By the Trustees
for the year to 31st March 2025
OSCR
Scottish Charity Regulator
www.oscr.org.uk
Registered SCIO

PERTH DEBT CENTRE
Scottish Charity Number SC052688
c/0 32 Hamilton Place, PERTH PHI IBD
ANNUAL REPORT AND ACCOUNTS
By the Trustees
for the year to 31st March 2025
The objects of the PERTH DEBT CENTRE are defined in the Trust Deed as being'.-
a) The prevention or relief of poverty in Perth and elsewhere to individuals who are In conditlons of need,
hardship or distress by reason of their age, ill health, disability, financial hardship, social or economic
circumstances. or other disadvantage by providing and promoting the provisions of advice. grants, items
and other services as the Trustees may from time to time think fit;
b) The advancement of education of the public in Perth and elsewhere in all matters relating to the
management of thelf personal finance5 and well bel
c) The advancement of the Chrlstian falth through care, compassion and relevant practical and spiritual help
as the Trustees may from time to time think fit and in accordan￿ with the Statement of Belief appearing
in the Schedule:
d) Raising awareness of debt, poverty and its causes in Perth and elsewhere and inspiring Churches and
individuals to partner with PERTH DEBT CENTRE and
e) To operate a Debt Centre in partnership with local Christian Churches and provide debt advice under
the auspices of CHRISTIANS AGAINST POVERTY (CAP).
REPORT
11 The Chrlstlans Agalnst Poverty Perth Debl Centre began In September 2019 under the stewardship of the
Baptist Church in Perth, and has been operating successfully since early 2020.
CAP Perth Debt Centre was formed into a Scottish Charitable Incorporated Organisation {SCIO).
The SCIO, named PERTH DEBT CENTRE became a charity, No SC052688, fully registered with the Scottish
Charity Regulator IOSCR) and with Companies House No CS006403.
2} In partnership with Christians Against Poverty (CAP), we provided support for those with personal debt,
aiming to help anyone who is stressed by their debt situation.
We provided Debt Advice. negotiated with creditors and gave some emergency aid to provide food
and utilities t0￿UP5. We also helped to relieve lonelines5 and social i501ation.
Some dients became debt-free and others received help to start that journey.
We are able to help vulnerable clients who find it difficult to access debt help services from other
organisation5 or who struggle with modern technology.
A second Debt Coach came on board in Oct 2024. We can accept 2 new clients or families each month.
The length of time it takes to become debt free varies a great deal according to the client's individual
circumstances but we are able to help lift the burden very quickty.
Page 2

PERTH DEBT CENTRE
Scottish Charity Number SC052688
INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS
Report to the Tnjstees of PERTH DEBT CENTRE registered charlty number SC052688.
On the accounts of the charity for the year to 31st March 2025, *t out on pages
4.5and6.
The Trustee5 of PERTH DEBT CENTRE are responsible for the preparation of the accounts
in accordance with the terms of the Charities and Trustee Investment (Scotland) 2005
Act and the Charities Accounts (Scotland) Regulations 2006. The said Trustees consider
that the audit requirement of Regulation 10{1) {a) to Icl of the Accounts Regulations
does not apply. It is my responsibility to examine the accounts as required under section
44(1) (cl of the Act and to State whether particular matters have come tc my attention.
My examination is carried out in accordance with Regulation 11 of the Charities
Accounts (Scotland) Regulations 2(K)6. An examination includes a review of the
accounting records kept by the said The Durris Charitable Trust 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 urxlertaken do not provide all the
evidence that would be required in an audit and, consequently. I do not express an audit
opinion on the accounts.
In the course of rny examination, no matter has come to my attention :_
which gives me reasonable cause to believe that in any material respect the
requirements:
- to keep accountlng records in accordance with section 4411) (al of the 2005 Act and
Regulation 4 of the 2006 Accounts Regulations, and
to prepare accounts which accord with the accounting records and cornply with
Regulation 9 of the 2006 Accounts Regulations have not been met,
OR
to whlch. In my oplnlon, attenrion should be drawn In order to enable a proper understanding
of the accounts to be reached.
Signed .
Name:
Relevant
Qualificatlon
Addres5:
union Bank House
Calton Street, Coupar Angus
Blalrgowrle PH13 9AH
Page 3

PERTH DEBT CENTRE
BALANCE SHEET
At 31st March 2025
Period to
31-Mar-24
Year to 31st Marth 2025
CURRENT ASSETS
Prepayment5
Bank and Cash
Funds with Perth Baptist Church
£ 4,750.00
£ 56,011.41
£ 7,600.00
£ 1.095.26
£ 1,215.70
£ 60,761.41
£ 9.910.96
CREDITORS
Accruals - Amounts due within one year
£ 3.788.48
£ 5.125.48
NET CURRENT ASSETS
£ 56,972.93
£ 4.785.48
Creditors due after more than one year
£ 400.00
£ 4.000.00
TOTAL ASSETS
£ 56.572.93
£ 785.48
THE FUNDS OFTHE CHARITY
Unrestricted income funds
Movement in Period to March 2025
£ 62,862.97
£16,290.04)
E Q.00
£ 785,48
TOTAL CHARITY FUNDS
£ 56.572.93
£ 785.48
Approved by the Trustees in general meeting on 24th November 2025
Page 4

PERTH DEBT CENTRE
INCOME AND EXPENDITURE ACCOUNT
For the year to 31st March 2025
Period to
31-Mar-24
Year to 31st March 2025
INCOME
Churches Commitment
Kinnoull
TCF
Perth North
King's
Riverside
£ 750.00
£ 600.00
£ 600.00
£ 1,440.00
£ 600.00
£ 750.00
£ 450.00
£ 600.00
£ 960.00
£ 400.00
£ 3,990.00
£ 3,160.00
Other Donations
Durris Trust
Firespec
Perth Action of Churches Together (PA￿}
Other Donations
Donation directly to CAP to cover monthly fee
£ 250.00
£ 1,000.00
£ 300.00
£ 1,000.00
£ 0.00
£ 1,150.00
£ 3,600.00
£ 2,400.00
£ 3.950.00
£ 5,750.00
TOTAL INCOME
£ 9,740.00
£ 7,110.00
EXPENDITURE
Payment to CAP (£ 300 per month)
Payment to CAP ( £ 300 per month) offset by donation
Employers, Liability and Liability Insurances
Salaries and Employers NIC
Travel and other Expenses
Sundries
£ 0.00
£ 0.00
£ 3,600.00
£ 243.22
£ 2,400.00
£ 9,235.67
£ 2,241.19
£ 709.96
£ 3,273.29
£ 451.23
£ 200.00
TOTAL EXPENDITURE
£ 16.030.04
£ 6.324.52
{DEFECIT) / SURPLUS OF INCOME OVER EXPENDITURE
£ (6,290.04)
£ 785.48
Page 5

PERTH DEBT CENTRE
NOTES TO THE ACCOUNTS- Prepayments and Accruals
At 31st March 2025
Perlod to
31-Mar-24
Year to 31st March 2025
PREPAYMENTS
Donation Received CAP Central for PDC monthly Fees
Used in the period to 31st March 2024
Used in the year to 31st March 2025
£ 10,000.00
£12.400.IK))
£13,600.C(I)
£ 10,000.00
£ (2,400.00)
Churche5 commitment brought in to the corrert year
£ 750.00
£ 4,7SO.00
£ 7,600.00
ACCRUALS
Due to HMRC for PAYE for 3 months to 31st March 2025
188.48
£ 882.58
Net Wages-
Net Wages-
paid Short in January
March Sal3rythrou8h bank 2nd April
£ 27.00
£ 615.90
Provision for PDC monthly Fees offset by above donation
Used in the period to 31st March 2024
Used in the year to 31st March 2025
£ 10,000.00
£12,400.00)
£13,600.00)
É4,OlX).00
£ 10,000.00
£ {2,400.00)
£7.600.00
£ 4,188.48
£ 9,125.48
Due wlthln one year
Due after more than one year
£ 3,600.00
£ 400.00
£ 3.600.00
£ 4,000.00
TOTAL Due within one year
TOTAL Due after rnore than one year
£3,788.48
£ 400.00
£ 5.125.48
£ 4.000.00
£ 4,188.48
£ 9.125.48
Page 6

PERTH DEBT CENTRE
Scottish Charity Number SC052688
NOTES TO THE ACCOUNTS
l) Basis of Accounting
These accounts have been prepared using the Fully Accrued Accounting basis in accordance with the
Charities & Trustee Investment (Scotlandl Act 2005 and the Charitie5 Accounts (Scotlandl Regulations
las amendedl.
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.
Restricted funds may only be used for specific purposes.
Restrictions arise when specified by the donor or when funds are raised for specific purposes.
During the period there were no restrictions placed by donor{sl on any funds received.
3) Related party transactions
The Charity's insurance policy's include Trustee Indemnity Insurance for all its trustees.
No remuneration was paid to the trustees or any connected person during the period.
4) Operation of Charity Bank Account
A Bank Account was opened with Virgin Money due to the fact they allow charities to bank for free.
The bank account was opened on 31st October 2023.
Dual Authorisation prevents unauthorised withdrawals/payments being taken by a single individual.
All withdrawals/payments are authorised by one of the Trustee's and passed to the Treasurer.
The Treasurer prepares the payment in Virgin Money Online Banking and nominates one of 3 Trustees,
authorised to operate the account, to dual authorise the payment.
When the payment is prepared by the Treasurer and another Trustee nominated, the Treasurer and the
nominated Trustee complete the payment on Virgin Money Mobile Banking.
Thus NO individual can make payments on their own.
The two large anonymous donations were retained by the Baptist Church until PERTH DEBT CENTRE
had its own bank account and robust financial procedures were in place.
These funds were transferred to PERTH DEBT CENTRE during this financial year.
5) Donation to cover fees to CAP
Perth Debt Centre pay a monthly fee of £ 300 to CAP central for administration costs.
A £ 10,000 donation was made directly to CAP Head Office to pay for this monthly Fee. There were no
direct payments to CAP after July 2023 payment. In order to fully understand the true cost of running
the Perth Debt Centre the payments avoided have been recorded as being made with a corresponding
amount recorded as a donation.
For this period it was 12 months @ £ 300. or £ 3.600 and the balance of £ 4.000 is shown in Prepayments
and Accruals.
Page 7