Scottish charity number: SC053161 Polmonthill Community Snowsports Centre Trustees, report and Receipts and Payments account for the period ended 31 August 2025
Polmonthill Conllnunity Snowsports Centre Contents Page Legal and adminisiraiive inforniaiion Trustees report Independent examiner%' report Staternent of financial activities Balance %hcet Notes Ihe financial stamen 8-11
Polmonthill Conllnunity Snowsports Centre Legal and administrative information Scottish eharity number SC053161 Contact addre&s Easi Broom Coiiage Shicldhill Road Rcddingmuirhead Falkirk FK2 ODU Trustees Rhy5 Howell Joyce Shaw M<ltthew Ros5 Linda Ovens Michael AlexandeT Appointed Mr 24 Appoinied Mar 24 Appoiiited Mdr 24 Appointed Mr 24, Resigned lun 25 Appointed Mar 24, Resigiied Dec 24 Independent examiner Diane E Jack BarTie Scott & Co. 16-18 Weir Street Falkirk FKI IRA Page I
Polmonthill Conllnunity Snowsports Centre Report of the trustees for the period ended 31 August 2025 The irusiees preseni iheir repori and ihe financial staiemenis for ihe reriod ended 31 Augusi 2025. The truse8 who served during the period dnd up to the d<lte of Ihib ieport dre bel out pdge l. Strneture9 governanee and management Siului of ehurity und Govyrniny Doei4iFYent Polmonthill Community Snowsporis Centre IPCSCI is esthblished by Constiruiion. li is regisiered as a charity wilh ihe Office of the Scottish ChaTlty Regulator IOSCRI is recognised a Scottish chritable Incoryorated Organisation IscIo). Trts.Ytée. The number of Trusiees shall be noi less ihan ihree and not more than ten. Up to len individual persons. who musi be Ordinary Membeis of the charity, may be elected by the Memberb, Wlth up to three being Lo-opted to ensure a spread tsf skills and experience. Einployet8 of the charity n)ay not be nominated as or become Trustee%. At eaLh AGM, one third ol. Ihe Trustees bhall reiire. A Trustee shall be eligible lor re-election al'ter one in oflice. A TSlee shall not be eligible for re-eleciion after 2 consecutive terms of office ut]til a period on one year in which they have noi been a Trusiee has passed. Objectives and activities PCSC wS set up in spi'ing 2024 by Tnenibe15 of the cominunity seeking to prevent the closure of the Polmonthill Ski centre by bringing it into communiiy hands. The obje¢iives of PCSC are to su.siainahly operate the snow.spons cent piuviJin¥ hi¥h-quality, affi)rd1b[c uppoilunities tLI P<lrtlLiPdte in snowspurts to peijple in Polmijnt (Ind the wider Fdlkiik area. We aim io create a thriving %now%port% cojnmllnity hub while ensuring a financially.%ecure future for the Centre. Achievements and performance Following discussions wilh Falkirk Council Ihroughout 2024 we look over Communiiy management of ihe ski centre fiurn the Council on a short-ierm month by munih lease on I st (kiober 2024. In so doing, we saved the ski Lenire frum immediate closure. Our takeover made the news bulletin on Central FM and featured in the local pre%s. Falkirk Council voted to approve our Commllniiy Asset Transfer application on 28th November. We are cUentlY in funher negotiations Wlth Falkirk Council around the ter of Coininunity Asset Transfer and expect Ihe purchase io conclude lar in 202.5. As part of the transter agreemeni Falkirk Council have awarded PCSC money from the Enableinent Fund they set side to support COTllTnunity groups taking on assets. Following COTnplelion of tlie Communiiy Asset Transfer, this funding will enable u.s to refurbish and repair ihe building.s ai Ihe ski cenire. Thk you to CVS Fdlkirk and the Development Trusts Association Scotland CoTnmunity 0e[shiP Support Service for all the help and .suppnrt that they have proN'ided in helping us navigate the Communiiy Assei Transfer. We are also grateful to Falkirk CounLiI for the fundin¥ ieceived through the Community Empuweiment Gtant. We hdve successfully naged oui filst eight months opeiating the facility dnd in1portntlY kept Iocdl people Skiing and boarding. To help our operation we introduced a new website which as well as informing the community aboui our Cummunity Asset TrInSfer jOUTney. hdb endbled online boukin¥ of snowspurtb sesbions. The webbite hds Tll£ide il easier for the public to See what snowsports %e%sion% are available and to book. We have al%0 made u%e of .%ocial Jnedia to promote activities ai Ihe centre. We now have more than 2800 users registered on the website tor booking online and alrnost s followers on Facebook. More than 1800 bookings have been made so far. Page 2
Polmonthill Conllnunity Snowsports Centre Report of the trustees for the period ended 31 August 2025 We had our fir81 eveni on 7ih OLiober. hosiing eighi primary school ieams and thiren secondary school teams for Ihe Scottish Schools Snowsports A5SOCidlion ISSSAI du] sldlom regiondl qualifier event. All the skiers Iiad a g[et dY dnd we look fnrward 10 hosiing Ihe S.SSA again laier this year. On 27th Octobei we had an Open Day which was incredibly well attended with many familial f(ILes and plenty of new ones trying out skiing, %nowboarding alld tubing. All %e8%ion% on the day were over%ub%cribed and the event demonstrated Ihe sirong community demand for snowsports. We thank Snowsports Scotland and members of ihe Scottish ski community and other local businesses who supported the event and have hel[d us through OUT firsi y. We have held weekly snowspons leswn% %ince October which have been booked online. Ski and boarding le.%sons have been provided each week from beginner through to advanced levels and have been alnded by people trom age 4 and above. Our adulrs Classes have been incredibly popular wilh ihree fully booked beginners classes running each week during November and DeLember. ALross the yer rnore thdll 60 ddults have leined to Ski with mdny continuing on to tdke inierniediate and adN'anced cla%%es. We have also had mole than 50 children from Bts'ness piimary schools ctsme io thke ski lessons. As ihese lessons were organised through the %chool% many children who otherwi%e would not have coiisidered tying skning have had the opportuniiy. Many of these children have also Continued wilh iheir lessons and are now in an advanced class. We look ford to woiking Bo'ne5s and other Iocdl schools dgain next year The Linlithgow sch18 Friday cluster has coniinued io be a well airended pan of ihe weekly Calendar with more than 60 children dllendin¥ Tllijst Fiidays. Ski racing traijiing se%%ions have continued on Monday and Thur%day evenings with many new children joining race training lor the lirst time and other more established skiers honing Iheir skills. Polmont skiers have also represented the club at COTnpetition5 across the country and have picked up ali impressive array of niedals. Our snowboard lessons have run every Saturday wilh a few regulars also dropping in for weekly snowboard pra¢iice sessions. We would like to extend oui thanks lo MichtI L who hdb taken dll our snowboarding sessiuns this yedl dnd has bccn at Polmnnthill for 6 ycar%. Michael is graduating thi% sumnier and mnving tn othcr oppnrtuniiie%. Hc will hc a big loss io us and we hold oui hope thai he will reiurn io Polmonihill a[r his adventures abroad. A particular highlight of the year was our tubing with elve% at Christmas. These se%sions were fully booked and we will surely have the elves back lor more lubing nexi lestive period. Tubing has also run throughoui the year and proven 10 be popular for birthday partie5 and with 5COUt and youth groups. None of Ihis would have been possible wiihoui Ihe supw)n of our Many volunieers and insiruciors. Our ieam of iiistIULliJrs. m(Iny of them youn¥ Polmvnthill skiers whv have reLenily qualified. h<ive dll woiked hdrd lo develop their Own %kills as in%tructar%, and en%ure we can provide great in%tructian and experience% ta our cl&%s participant.%. Our wolunieers have all given many hours ol. their time to cleaning, iidying and maintaining the slope. Ihe grounds and the buildings. And inost importantly to setting skisl We have more thali a dozen volunteers trained to set up skis and ensure that all skiers and knarders have ihey equipmeni they need ro hir ihe slope. Our regular volunieers have goiten to know the reguldr customei's throughout cch block of lessons and have enjoyed seeing the happy fCeS fier tlie lessons and the progres% that the learners have Inade in their %kiing and boarding. Progre%s and pEffticipation that they have enabled through their volunieering. We couldn't do it wiihout our volunteer team, you are all faniasiicT Thank you. We have had a hugely %uece%%ful first year thr()ugh the combined effort% nf instrnctars, volunteers and trnstee%. It has nai all been plain sailing though, and over ihese monihs we have learned a loi aboul all Ihe vailed iaskb involved in iunning the centre. Whether it be sortit]g out the bin%, nianaging the cu%tomtr ellquirie%, %cheduling the se%%ions, updating the websiie, weeding the slope. or mopping up flooded ioileisl There is always anoiher job to be done in order to keep Ihe slope the running. Page 3
Polmonthill Conllnunity Snowsports Centre Report of the trustees for the period ended 31 August 2025 Financial review Income totalliRg £146,150 was received during the year, with £6,677 being restricted funding. Expenditure for the year was £64.465, with £5.677 EEing from the restricted funds. At the Ye end the ChtY held uniebtricted ¥enerdl fund iesetves ijf £80,685 and restricted fund ieseives vf £1,0. Risk Managemeni The Tru%tees have as%es%ed the major risks tn which the charity is exposed, in particular ihase related to the Dperatinn. and finances of ihe chariiy, and ale satibfied Ihai sybiems are in place to miligaie any expx)sure major risks. ReJ¥ry¥i p(Jli(y It is the policy tv mdlTltdin funds dt d level that equdtes to three mvnths unrestriLted expenditure. This allows sufficient fund.% to cnable thc on-gning running of thc Ccntrc. Plans for future periods There is muLh tv Iwk forWd lo next year as We Lumplele the Community Asset Trdnsfer, undertake buildin¥ upgrddes. and cantinue to welcome skier% and boarders and introduce more people in snowspart%. To achieve thi%, we would very much like io heal Irom people ihai mighi have a lew hours to spare each monih 10 join oui ¢ommiiiee, 01 our volunieer group, and support US to develop a sustainable cornmunity run snowspons facility that can thrive for years to con. Statement of truste, rosponsibilities The tni%tees aTe re%ponsible for preparing financia] statements which give sufficieni detail io enable an appreciation of Ihe iransaciions of Ihe Charity during ihe financial year. The rrusiees are responsible for keeping proper accounting records which disclose with reasonable accuracy ai any lime the findncial position of the ChrItY nd enable them to ensure that the findncial stdteinents comply with the the Chdrities and Trn$e Investmeni (Scoilandl Act 2005 and regulaiion 8 of the Charities Ac¢ounis IScoiland} Regulation.$ 2006. They ale alsij respunsible foi safe¥u<irdin¥ the lsetS ijf the charity and hence fijr takin¥ Teasonable steps fur the prevention and detection of fraud and other irreglllarities. On behalf of the board Rhy5 Howe]I Trustee 26 March 2026 Date Page 4
Polmonthill Conllnunity Snowsports Centre Independent examiner's report to the trustees on the unaudited financial statements of Polmonthill Community Snowsports Centre. l Teport on the aLcuunts fijr the petiod ended 31 Au¥ubt 2025 set out ijn Pages 6 to I l. Respective responsibilities of trustees and illdependent examiller The LhaTily's ti"uslees dre responbible foi the prepdf(Ilion ol Ihe dLLiJunls in accordance with the tetrnb uf the chtles and Trustee Inve%tment (Scotlandl Act 2n05 (the Act) and the Charitie% Account8 (Scotlandl Regulation% 2(X)6. The charity, trustees consider ihai Ihe audit requiremeni ol. Regulation 1011) lal to ILI ol. the Accounis Regulations dLYS not apply. It is my responsibility to slate, on the basis of my examit]ation as requiTed under section 4411) Ic) of the Act, whether panicular mair8 have come io my atteniion. Basis of Independent examiner's statement My cxamination is carried out in accnrdancc with Rcgulation I I nf the Charitics Accounts Iscntland) Rcgulation% 2(Xl6. An examinaiion includes a review ol the accounting records kept by Ihe chaiily and a comparison of Ihe accounis presented with Iho%e records. It also incllldes con%ideralion of any unu%llal items or disclosure% in the accollnts, and seeks explanations from ihe trustees concerning any such matters. The procedures undertaken do nor provide all ihe evidence tht would be requiTed in an audit, and consequently I do not express an alldit opinion on whether the accoun15 present a 'trne and fair view.. Independent examiner's statement In the cL)UTse of rny exarnindtion, no mdtter has come to iny attention.. which givc mc rca%onable callsc to bclicve that in any matcrial rcspcct thc rcquircmcnt%'. proper accounting reci)rds are kept in accordance with Section 4411 I la) of the 21M)5 Aci and Regulatinn 4 nf the 2006 AcLounts Regulations, and its prepare acctsunis whiLh accoid wilh the acctsuniing records and comply with Regulaiitsn 8 01 the 2006 Accounts Regulations have iiot been Tnet, Lir to which, in my opinion, attention shollld be drawn in order to enable a proper under%tanding of the accounts 10 reached. Diane E Jack Chaiieied Accountant Independent examiner Barrie S¢oii & Co. 16-18 Weir Streei Falkirk FKI IRA Date 8 April 2026 Page 5
Polmonthill Conllnunity Snowsports Centre Statement of financial activities For the period ended 31 August 2025 Period ended Unrestricted Restricted 31108125 funds funds Total Notes IncominE resources Incnming rc%ourccs from generating nd8'. Volunrary income Acriviiies for generaiing funds Incoming resources from chariiable activities 4 3,4.50 9,237 126,786 6,677 10,127 126,786 Total incoming soUrceS 139,473 6,677 146,150 Resources expended Costb olgeneiaiing lunds: FUndr]lg trading.. cost of goods sold and other costs Charitable activities Governance cosis Oiher resources expended 710 54,964 1.589 1,525 710 56,531 5,699 1,525 1,567 4,110 Total resources expended 58.788 5,677 64,465 Total fund% brought foTward Total funds Carried forward 80,685 1,000 81,685 The note5 on pagwes 8 to 11 forjn an integral part of these financial strdtement5. Page 6
Polmonthill Conllnunity Snowsports Centre ststement of Balances as at 31 August 2025 31108125 Notes Bank and Cash in Hand Opening Balance Surplus/lDefiLit) foi the period 81,685 Closing Balance 81,685 Funds Restricied funds Unresiricied general funds 1,000 80,6L15 Total funds 81,685 Fixed assets Skis & kit Cosi Nei Book Value 1,220 1,525 Debtors Sundry dcbtnrs Creditors Sundry creditors 9,707 Thc flnancial %tstcmcnt% wcrc appravcd hy thc trn%tce.% an 26 March 2026 and signed lis bchalf by Joyce Shaw Trustee The note5 on pagwes 8 to 11 forjn an integral part of these financial strdtement5. Page 7
Polmonthill Community Snowsports Centre Notes to financial statements for the period ended 31 August 2025 Accounting policies The dccounts aiE prepared on the Receipts nd Payments bdSlS in dCCOTdAnce with the Charities dnd Trustee Invesimeni (Scoilandl Aci 2005 and ihe Chariiies Accounts IS¢oilandl Regulaiions 2(K)6 las amended). Voluntsry income Period ended Unrestricted Restricted 31108125 funds funds Total Donaiions Gidnts receivable 1,105 2,345 1,105 9,022 6,677 3,450 6,677 10,127 Activiti for generating funds Period ended Unrestricted 31108125 funds Total Fundraising Vet]ding Tnachine Tubing at]d partie 1,200 606 7,431 1.200 606 7,431 9,237 9,237 Incoming resource5 from charitable activities Perlod ended Unrestrieted 31108n5 Tntal tessons Slope hire 126.786 126,786 Page 8
Polmonthill Community Snowsports Centre Notes to financial statements for the period ended 31 August 2025 Fundraising trading Period ended Unrestricted 31108125 funds Total Fundrdising expenses 710 710 710 710 Costs of charitable activities Period ended Unrestricted Restricted 31108125 fundg runds Total Instrllctor costs Technician Costs Siaff Iraining Rent Rdies & wdter Hedt & light Repdirs & renewals Insurance Supplie% and materials Telephone Post & siationery SubsLliPtiiJns Advertising 39,250 5,504 1,833 10 698 3,713 300 794 1,188 389 857 113 315 39,250 5,504 2,403 10 698 3,713 300 1,154 1,188 570 360 346 291 459 606 54,964 1,567 56,531 Governance costs Period ended Unrestricted Restricted 31108125 funds funds Total Professional- Legdl fees Bnk charges 135 1,454 4,110 4,245 1,454 1,589 4,110 5,699 Page 9
Polmonthill Community Snowsports Centre Notes to financial statements for the period ended 31 August 2025 Other resources expended Period ended Unrestricted 31108125 funds Total Pui'chd5e of equipment 1,525 1.525 1,525 1,525 io. UntrIcted funds At OS March Incoming Outgoing 2024 resources resources At 31 August 2025 Geneial fund 139,473 158.7881 80,685 Purposes of unrestricted funds The General Fund repre8et]i% unrestricied funds which the trll%tee% are free to in accordance with the charitable objects. ii. Restricted funds At 05 March Incuming Outgwuing 2024 resources resources 31 August 2025 Falkirk Council Communiiy Empowenneni Grani Developmeni Trusis AsSlatIon Scotland 5,677 I,o(xi (5,6771 6,677 (5,6771 I,(0 Purposes of restrieted funds Frtlkirk Cnuncil Ci)ktrtmunit)' Empnii'érméni Grant Funding frojn Falkirk Council for the Pre of initial rnnning cost% and building, .%ki-slope and electrical condilion surveys relaiing io Community Assei Transfer. Development Tnlsts A5SClCIatioii Scotlund Funditjg tvwards le¥dl fees le¥diding Commutjily Asset PuTLhdSe d¥re£ement Page 10
Polmonthill Community Snowsports Centre Notes to financial statements for the period ended 31 August 2025 12. Transactions with tnlstees During ihe year exFense.s toralling £114 were reimbursed io a in]sree. Page 11