REGISTERED CHARITY NUMBER: SC006790
2%, ReetWer
ReportTrusteesof the and Unaudited Financial Statements for the Year Ended 30 April 2025
for Newburgh Pre-School
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Aberdeenshire
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Newburgh Pre-School!
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Contents of the Financial Statements for the Year Ended 30 April 2025
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| ReportoftheTrustees | 1 to 3 |
| Independent Examiner's Report | a |
| Statement of Financial Activities | 3) |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7-ton |
| DetailedStatementofFinancialActivities | 12 |
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Newburgh Pre-School
forReportthe ofYearthe EndedTrustees30 |April 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number SC006790
a Examiner Accounts Direct Daisybrae Newburgh Ellon Aberdeenshire AB41 6GAJ
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Newburgh Pre-School
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Report of the Trustees for the Year Ended 30 April 2025
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The trustees present their report with the financial statements of the charity for the year ended 30 April 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Our purpose is as recorded in our Constitution - to promote the aims of Early Years Scotland:
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Helping families to engage with learning;
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Assisting families in creating a supportive home environment; - Support effective parenting approaches where required; And, that children are loved, nurtured and ambitious, are given a fair start to their education and helping them grow to realise their potential and ambitions.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Our 2024 to 2025 school year was one of shared learning, enjoying fun and working together to provide our children with the best possible level of care and early education. In the main, our preschool sessions were at capacity and our Two's Group thriving at capacity with a waiting list for the year ahead.
The continued popularity of our Preschool and Two's Group, and our sustained success, is evidently down to the solid commitment and hard work of our amazing team of staff. They create an encouraging and safe environment for our children to learn in, ensuring that their individual needs are met daily while giving the opportunity to investigate their surroundings not only in the preschool but also in the local environment, with trips to local coffee shops and to the park for example which allows the children to develop themselves independently while also working with their peers.
The staff team continue to make use of EvidenceMe to update parents and carers on each individual child's learning and achievements - this gives a clear picture of the strengths of the child and provides examples and ideas on how to progress and focus on particular areas of development at home. EvidenceMe also gives parents the opportunity to comment on activities their child has been engaged in, and also allows parents to upload pictures or information from activities their child enjoys out of preschool. This gives a great opportunity for directed conversation between the staff and the child and also a safe place for discussion between parents and staff. Use of our Facebook page also allows the staff to give a weekly roundup of what the children have been involved in in the setting over the course of the week. The committee ensures the financial viability of the preschool, which in turn maintains the excellent service the staff provide. Our 2024 to 2025 session saw us fall short of our annual fundraising target, however have still raised a good amount - £1,500 - through events such as Cauliflower Cards, Paperdoll Photography Sessions, our extremely popular Christmas Fayre and Raffle and Christmas Hamper. Unfortunately, plans for a Boogie Bingo night were not supported by parents or the local community and as such the event has been postponed. It is important for our parents and carers to understand the need for fundraising over the course of the year to ensure that we can continue to provide essential learning resources for the children.
The committee will continue to brainstorm new fundraising ideas, and we are welcome to any new ideas from our parent body which we haven't previously explored. Our fundraising calendar for the 2025/26 year will be established at our AGM- this allows us to keep families informed with plenty of notice which in turn enables them to continue to support us and get involved. Page 2
We are looking forward to our Sports Day and also Graduation for our children who are heading to school after the summer, and we are also looking forward to our end of year trip to Wynford Farm.
All in all we have had another successful year, our thanks go to those who support the committee by attending meetings and to all who support our fundraising events. Of course, our setting would not run the way it does without the commitment of our staff team who we are thankful for every day
FINANCIAL REVIEW Financial Review This year, the Preschool made a surplus of £22,621 (£12,728 in 2024).
It was agreed that all staff would receive a pay increase from 1st of May 2025.
Approved by order of the board of trustees on 11 June 2025 and signed on its behalf by:
Page 3
Independent Examiner's Report to the Trustees of Newburgh Pre-School
Independent examiner's report to the trustees of Newburgh Pre-School | report to the charity trustees on my examination of the accounts of Newburgh Pre-School (the Trust) for the year ended 30 April 2025
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
| report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination | have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act
Independent examiner's statement
| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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2 the accounts do not accord with those records; or
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3, the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
The Association of Chartered Certified Accountants
Accounts Direct
Daisybrae Newburgh Ellon Aberdeenshire AB41 6AJ
Date: 11 June 2025
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Newburgh Pre-Schoo!
Statementof Financial Activities for the YearEnded30 April 2025
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|30.4.25|30,4.24|
|Unrestricted|Restricted|Total|Total|
|fund|funds|funds|funds|
|Notes|£|£|£|£|
|INCOME|AND|ENDOWMENTS|FROM|
|Charitable|activities|
|Pre-school|fees|-|130,109|130,109|117,504|
|Other|trading|activities|2|1,699|-|1,699|3,067|
|Investment|income|3|1,978|198|2,176|2,167|
|Total|3,677|130,307|133,984|122,738|
|EXPENDITURE|ON|
|Charitable|activities|
|Pre-school|fees|-|111,078|111,078|106,920|
|Pre-school|extras|205|80|285|1,960|
|Other|-|-|-|1,130|
|Total|205|111,158|111,363|110,010|
|NET|INCOME|3,472|19,149|22,621|12,728|
|RECONCILIATION|OF|FUNDS|
|Total|funds|brought|forward|40,613|47,180|87,793|75,065|
|TOTAL FUNDS|CARRIED|FORWARD|44,085|66,329|110,414|87,793|
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The notes form part of these financial statements
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Newburgh Pre-School
Balance Sheet 30 April 2025
| 30.425 | 30.4.24 | ||||
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| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Cash at bank | 44,085 | 66,329 | 110,414 | 87,793 | |
| NET CURRENT ASSETS | 44,085 | 66,329 | 110,414 | 87,793 | |
| TOTAL ASSETS LESS CURRENT | |||||
| LIABILITIES | 44,085 | 66,329 | 110,414 | 87,793 | |
| NET ASSETS | 44,085 | 66,329 | 110,414 | 87,793 | |
| FUNDS | 6 | ||||
| Unrestricted funds | 44,085 | 40,613 | |||
| Restricted funds | 66,329 | 47,180 | |||
| TOTALFUNDS | 110,414 | 87,793 |
The financial statements were approved by the Board of Trustees and authorised for issue on 11 June 2025 and were signed on its behalf by:
The notes form part of these financial statements
:
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Newburgh Pre-School
Notes to the Financial Statements for the Year Ended 30 April 2025
a ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
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Expenditure
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Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
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Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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Newburgh Pre-School
forNotesthe toYearthe FinancialEnded 30 StatementsApril 2025 - continued
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OTHER TRADING ACTIVITIES
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|30.4.25|30.4.24|
|£|£|
|Fundraising|events|1,699|3,067|
|INVESTMENT|INCOME|
|30.4.25|30.4.24|
|£|£|
|Deposit|account|interest|2,176|2,167|
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4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 30 April 2025 nor for the year ended 30 April 2024.
Trustees’ expenses
There were no trustees' expenses paid for the year ended 30 April 2025 nor for the year ended 30 April 2024.
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|5.|COMPARATIVES|FOR|THE|STATEMENT|OF|FINANCIAL|ACTIVITIES|
|Unrestricted|Restricted|Total|
|fund|funds|funds|
|£|£|£|
|INCOME|AND|ENDOWMENTS|FROM|
|Charitable|activities|
|Pre-school|fees|-|117,504|117,504|
|Other|trading|activities|3,067|-|3,067|
|Investment|income|1,604|563|2,167|
|Total|4,671|118,067|122,738|
|EXPENDITURE|ON|
|Charitable|activities|
|Pre-school|fees|-|106,920|106,920|
|Pre-school|extras|1,960|-|1,960|
|Other|-|1,130|1,130|
|Total|1,960|108,050|110,010|
|NET|INCOME|2,711|10,017|12,728|
|RECONCILIATION|OF|FUNDS|
|Total|funds|brought forward|37,902|37,163|75,065|
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Newburgh Pre-School
Notes to the Financial Statements - continued for the Year Ended 30 April 2025
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|5.|COMPARATIVES|FOR|THE|STATEMENT|OF|FINANCIAL|ACTIVITIES|-|continued|
|Unrestricted|Restricted|Total|
|fund|funds|funds|
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|TOTAL|FUNDS|CARRIED|
|FORWARD|40,613|47,180|87,793|
|6.|MOVEMENT|IN|FUNDS|
|Net|
|movement|At|
|At|1.5.24|in|funds|30.4.25|
|£|£|£|
|Unrestricted|funds|
|General|fund|40,613|3,472|44,085|
|Restricted|funds|
|Pre-school|35,954|18,964|54,918|
|Redundancy|account|11,226|185|11,411|
|47,180|19,149|66,329|
|TOTAL|FUNDS|87,793|22,621|110,414|
|Net|movement|in|funds,|included|in|the|above|are|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|3,677|(205)|3,472|
|Restricted|funds|
|Pre-school|130,122|(111,158)|18,964|
|Redundancy|account|185|-|185|
|130,307|(111,158)|19,149|
|TOTAL FUNDS|133,984|(111,363)|22,621|
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Newburgh Pre-School
Notes to the Financial Statements - continued for the Year Ended 30 April 2025
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- MOVEMENT IN FUNDS- continued
Comparatives for movement in funds
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|Net|
|movement|At|
|At|1.5.23|in|funds|30.4.24|
|£|£|£|
|Unrestricted|funds|
|General|fund|37,902|2,711|40,613|
|Restricted|funds|
|Pre-school|26,408|9,546|35,954|
|Redundancy|account|10,755|471|11,226|
|37,163|10,017|47,180|
|TOTAL|FUNDS|75,065|12,728|87,793|
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Comparative net movement in funds, included in the above are as follows:
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|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|23|£|
|Unrestricted|funds|
|General|fund|4,671|(1,960)|2,711|
|Restricted|funds|
|Pre-school|117,596|(108,050)|9,546|
|Redundancy|account|471|-|471|
|118,067|(108,050)|10,017|
|TOTAL FUNDS|122,738|iw 10,01 0)|12,728|
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Newburgh Pre-School
Notes to the Financial Statements - continued for the Year Ended 30 April 2025
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6. MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
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| movement | At | ||
| At 1.5.23 | in funds | 30.4.25 | |
| 2 | £ | £ | |
| Unrestricted funds | |||
| General fund | 37,902 | 6,183 | 44,085 |
| Restricted funds | |||
| Pre-school | 26,408 | 28,510 | 54,918 |
| Redundancy account | 10,755 | 656 | 11,411 |
| 37,163 | 29,166 | 66,329 | |
| TOTALFUNDS | 75,065 | 35,349 | 110,414 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
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| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 8,348 | (2,165) | 6,183 |
| Restricted funds | |||
| Pre-school | 247,718 | (219,208) | 28,510 |
| Redundancy account | 656 | - | 656 |
| 248,374 | (219,208) | 29,166 | |
| TOTALFUNDS | 256,722 | (221,373) | 35,349 |
Te RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 April 2025.
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Newburgh Pre-School
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| Detailed Statement of Financial Activities | ||
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| for the Year Ended 30 April 2025 | ||
| 30.4.25 | 30.4.24 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Other trading activities | ||
| Fundraising events | 1,699 | 3,067 |
| Investment income | ||
| Deposit account interest | 2,176 | 2,167 |
| Charitable activities | ||
| Fee income | 6,771 | 5,721 |
| Grants | 123,338 | 111,783 |
| 130,109 | 117,504 | |
| Total incoming resources | 133,984 | 122,738 |
| EXPENDITURE | ||
| Charitable activities | ||
| Wages | 87,204 | 81,985 |
| Rent & rates | 6,240 | 6,240 |
| Insurance | 764 | 681 |
| Light and heat | 2,065 | 3,260 |
| Telephone | 1,053 | 955 |
| Toys etc | 169 | - |
| Architect fees | 250 | - |
| Fund raising costs | 205 | 900 |
| Food & drink Durables Expendables |
3,057 2,973 4,053 |
3,039 3,416 4,185 |
| Outings & parties Repairs |
448 2,114 |
398 3,671 |
| Dinky Doctors | - | 150 |
| 110,595 | 108,880 | |
| Support costs | ||
| Governance costs | ||
| Accountancy fees | 768 | 1,130 |
| Total resources expended | 111,363 | 110,010 |
| Netincome | 22,621 | 12,728 |
This page does not form part of the statutory financial statements
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