## **DOUGLAS PARK NURSERY SCIO**
**Scottish Charity No: - SC002432**
**Annual Report and Financial Statements For the Year Ended 31 March 2025**
## **DOUGLAS PARK NURSERY SCIO Trustees’ Annual Report and Accounts for the year ended 31 March 2025**
Scottish Charity Number SC002432
## **Current trustees**
Chairperson Vice Chairperson Treasurer Secretary Publicity
## **Contact address**
## **Recruitment and appointment of Trustees**
All of the Nursery’s trustees are appointed or reappointed by the members at the annual general meeting, which is held in May each year.
## **Governing document**
The charity is a Scottish Charitable Incorporated Organisation (a SCIO) It was registered in its current legal form on 14[th] April 2017. The Nursery was previously a charitable unincorporated association but changed its legal form to a SCIO. The assets of the unincorporated association were transferred to the SCIO on 1[st] May 2017. It has a single tier structure and as such the trustees are members of the charity.
## **Charitable purpose**
Our purposes, as recorded in our constitution, are to provide pre-school education and care to the children of Largs.
## **Activities and achievements**
This year we once again held a sponsored dance in October to help raise funds for Christmas. We have taken part in planting with the Douglas Park Project and won Cardwell Garden Centre Young Growers Award for our pumpkins, giving us £ 50 to spend on gardening equipment.
We have visited the Haylie House where we sang songs and read stories with the residents and took the children shopping locally to purchase their own snacks.
We received a £300 payment for our part in the NAPSACC research project .
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## **Trustee remuneration and expenses**
The trustees did not receive any remuneration or expenses during the year.
## **Financial Review & Reserves**
The nursery generated surplus funds of £ 12,021 during the year.
The Nursery held unrestricted funds of £ 72,827 at the end of the year. The trustees are satisfied that the level of retained funds, together with projected income & expenditure for the coming year is sufficient to continue in operation despite the reduction in numbers registering for the forthcoming session.
Approved by the Trustees and signed on their behalf
Date: 29 May 2025
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## **DOUGLAS PARK NURSERY SCIO Receipts and Payments Account For the year ended 31 March 2025**
|
**Receipts**
Fees/vouchers
Fund raising & donations
Bank interest
Snack box receipts
Total receipts
**Payments**
Salaries & staff development
Equipment
Property cost
Sundries & admin
Snack costs
Total payments
Surplus/(Deficit) for year|**2025**
**£**
96,846
300
926
710
98,782
72,901
564
6,630
4,799
1,867
86,761
12,021|**2024**
**£**
96,221
124
905
800
98,050
76,616
450
6,555
4,272
3,263
91,156
(823)|
|---|---|---|
||||
All funds are unrestricted.
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## **DOUGLAS PARK NURSERY SCIO Statement of balances As at 31 March 2025**
|
Bank balance
Cash in hand
General fund
Balance brought forward
(Deficit)/ Surplus for year
Balance carried forward|**2025**
**£**
72,827
-
72,827
60,806
12,021
72,827|**2024**
**£**
60,806
-
60,806
53,912
6,894
60,806|
|---|---|---|
All funds are unrestricted.
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**DOUGLAS PARK NURSERY SCIO Notes to the accounts Year ended 31 March 2025**
## **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 the furtherance of the objects of the charity. The trustees maintain a single unrestricted fund for the day-to-day running of the nursery.
## **3. Related party transactions**
No remuneration was paid to the trustees or any connected persons during the year. ( 2024: nil)
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## **DOUGLAS PARK NURSERY SCIO Report by the Independent Examiner**
I report on the accounts of the charity for the year ended 31 March 2025, which are set out on pages 3 to 5.
## **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. The charity trustees consider that the audit requirement of Regulation 10(1) (d) 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 independent examiner’s statement**
My examination is 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 seeks explanations from the 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 the course of 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 comply with Regulation 9 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.
Date: 29 May 2025
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