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← Linwood Community Childcare

2025-03-31-accounts

REGISTERED CHARITY NUMBER: SC008450

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

LINWOOD COMMUNITY CHILDCARE

Azets Audit Services Chartered Accountants Statutory Auditor Titanium 1 King's Inch Place Renfrew PA4 8WF

LINWOOD COMMUNITY CHILDCARE

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page
Report of the Trustees 1 to 4
Report of the Independent Auditors 5 to 8
Statement of Financial Activities 9
Balance Sheet 10
Cash Flow Statement 11
Notes to the Cash Flow Statement 12
Notes to the Financial Statements 13 to 22
Detailed Statement of Financial Activities 23 to 24

LINWOOD COMMUNITY CHILDCARE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

The trustees present their report with the financial statements of the charity for the year ended 31 March 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 activities

The aim of the Nursery is:

The aim of the Out of School Care is:

ACHIEVEMENTS AND PERFORMANCE

Achievements and performance

We engaged and took forward an intergeneration link programme with two local care homes and this has further developed our community links and ensures all our children know they are part of their local community and support them to become responsible citizens developing empathy and respect for the older generation.

Woodwork shed continues to be an asset as it continues to be used to support children's health and wellbeing and develop children risk assessing and how to keep themselves safe and others.

All staff have been trained on

-Makaton Traster Session

Page 1

LINWOOD COMMUNITY CHILDCARE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

ACHIEVEMENTS AND PERFORMANCE

Achievements and performance

To ensure the health and wellbeing of all our staff we have continued with an "Employee Assistance Programme".

All children's progression in learning has been improved by introducing new learning tracker sheets and using Renfrewshire Council "Progression tool" for learning incorporating Curriculum for excellence.

All areas of the establishment from the baby room to Out of School care continues to run well and are almost at full capacity providing care from 0-16 years.

Block play that is supporting our children's development and learning in science, technology engineering and maths (STEMS).

Monthly learning days in playroom with children and families so families are involved in their children learning

Linwood Community Childcare developed a closed social media platform to ensure good community communications with all families this has been very successful and enabled us to reach hard to reach families.

FINANCIAL REVIEW

Financial position

Linwood Community Childcare has continued to operate very successfully and has made great use of its incoming resources in achieving the objectives of the charity. The Statement of Financial Activities is reporting a surplus for the year to 31 March 2025 of £14,029 (2024 - £96,946).

The surplus retained for the year helps to secure the financial stability of the fantastic service being provided by Linwood Community Childcare and enables the charity to be self sufficient for a period of time should there be an emergency cessation in funding sources.

The total funds on the balance sheet of the charity are £975,611 (2024 - £961,582). The total charity funds comprise £973,307 of unrestricted funds and £2,304 of restricted reserves.

Principal funding sources

The principal funding sources for the charity is funded Early Learning and childcare for eligible 2-5 years funded by the Scottish Government and paid by Renfrewshire Council. The charity also receive income from private nursery and Out of School care fees.

Reserves policy

The trustees have examined the charity's requirements for running costs and have reviewed their reserves policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be not less than twelve months of the expenditure for each room ie Out of School Care, Nursery 3-5 Years & Under 3 Years.

Page 2

LINWOOD COMMUNITY CHILDCARE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

FUTURE PLANS

To address the attainment gap in Literacy, numeracy with a particular focus on families who reside in area with an SMID number 1-3 To embed talk for writing, train staff on talk for writing as this supports children literacy skills. To steam line all paperwork, reduce duplicate questions, save paper and have welcome packs that reflect the dynamics of our families and community numeracy and literacy environment to support all children early learning and childcare. To update and develop- our vision, values and aims with all stakeholder's input

Linwood Community Childcare have now achieved our bronze certificate and working towards the silver "Rights Respecting School" to ensure all our children rights are fully respected. Staff are aware of children's rights and is embedded in practice, and the children are supported of their rights.

The outdoor learning area has been improved to support our children's health and wellbeing.

A wooden mud play kitchen has been purchased outdoors for children to access. This supports children's health and wellbeing, risk assessing and lifelong skills.

To further develop staff Continuous personal development 4 senior staff members are up taking Level 9 in Childhood practice

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is governed by its constitution.

Organisational structure

Linwood Community Childcare is managed on a day-to-day basis by the manager, and the deputy manager, .

Membership of the organisation is open to parents, guardians and every child or adult family member regardless of sex, race, religion and ability.

A committee, consisting of parents/carers and all interested parties, exists and have an active say in the running of the organisation and their views are valued and taken on board by staff. The committee consists of members including a chairperson, secretary and treasurer.

Committee meetings take place within the establishment every 10-12 weeks, or as required but not less than six times a year. Paid staff may attend the meetings but will not have a vote.

Risk management

Internal and external risks faced by the charity are identified by the members and procedures to limit the exposure to such risks are in place. trustees

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

SC008450

Principal address

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Trustees

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Page 3

LINWOOD COMMUNITY CHILDCARE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

REFERENCE AND ADMINISTRATIVE DETAILS Auditors

Azets Audit Services Chartered Accountants Statutory Auditor Titanium 1 King's Inch Place Renfrew PA4 8WF

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Charity law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).

Under charity law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005 and The Charities Accounts (Scotland) Regulations 2006 (as amended). They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

19/12/2025 Approved by order of the board of trustees on ............................................. and signed on its behalf by:

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...............

Page 4

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF LINWOOD COMMUNITY CHILDCARE

Opinion

We have audited the financial statements of Linwood Community Childcare (the 'charity') for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities Accounts (Scotland) Regulations 2006 requires us to report to you if, in our opinion:

Page 5

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF LINWOOD COMMUNITY CHILDCARE

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

Page 6

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF LINWOOD COMMUNITY CHILDCARE

Our responsibilities for the audit of the financial statements

We have been appointed as auditors under Section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. However, the primary responsibility for the prevention and detection of fraud rests with both those charged with governance of the entity and management. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We obtained an understanding of the legal and regulatory frameworks that are applicable to the Company, and determined that the most significant are those that relate to the form and content of the financial statements such as the accounting policies and the UK Companies Act 2006.

We assessed how the Company is complying with these frameworks by observing the oversight of those charged with governance, the culture of honesty and ethical behaviours and a strong emphasis placed on fraud prevention, which may reduce opportunities for fraud to take place, and fraud deterrence, which could persuade individuals not to commit fraud because of the likelihood of detection and punishment.

We assessed the susceptibility of the Company's financial statements to material misstatement, including how fraud might occur, by making an assessment of the key fraud risks to the Company, and the manner in which such risks may occur in practice, based on our previous knowledge of the Company, as well as an assessment of the current business environment.

Based on this understanding, we designed our audit procedures to identify non-compliance with such laws and regulations. Where the risk was considered higher, we performed audit procedures to address each identified fraud risk, including management override of controls. These procedures included testing manual journals and were designed to provide reasonable assurance that the financial statements were free from fraud or error. We evaluated the design and operational effectiveness of controls put in place to address the risks identified, or that otherwise prevent, deter and detect fraud.

In addition, our audit procedures included enquiring of management concerning actual and potential litigation and claims, and performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud. We addressed the fraud risk in relation to revenue recognition by testing completeness and cut off of income.

Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards.

As with any audit, there remains a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing non-compliance, and cannot be expected to detect non-compliance with all laws and regulations.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Page 7

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF LINWOOD COMMUNITY CHILDCARE

Use of our report

This report is made solely to the charity's trustees, as a body, in accordance with Regulation 10 of the Charities Accounts (Scotland) Regulations 2006. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

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Azets Audit Services Chartered Accountants Statutory Auditor Titanium 1 King's Inch Place Renfrew PA4 8WF 19/12/2025 Date: .............................................

Type text here

Page 8

LINWOOD COMMUNITY CHILDCARE

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
192
Charitable activities
4
Charitable Activities
553,020
Other trading activities
3
9,366
Total
562,578
EXPENDITURE ON
Charitable activities
5
Charitable Activities
548,111
NET INCOME/(EXPENDITURE)
14,467
RECONCILIATION OF FUNDS
Total funds brought forward
958,840
TOTAL FUNDS CARRIED FORWARD
973,307		 Restricted
funds
£
-
-
-
-
438
(438)
2,742
2,304		 2025
Total
funds
£
192
553,020
9,366
562,578
548,549
14,029
961,582
975,611		 2024
Total
funds
£
956
572,646
5,427
579,029
482,083
96,946
864,636
961,582

The notes form part of these financial statements

Page 9

LINWOOD COMMUNITY CHILDCARE

BALANCE SHEET 31 MARCH 2025

Notes
FIXED ASSETS
Tangible assets
12
CURRENT ASSETS
Debtors
13
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
14
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
16
Unrestricted funds
Restricted funds
TOTAL FUNDS		 2025
£
24,225
19,463
937,763
957,226
(5,840)
951,386
975,611
975,611
973,307
2,304
975,611		 2024
£
30,326
14,450
922,646
937,096
(5,840)
931,256
961,582
961,582
958,840
2,742
961,582

The financial statements were approved by the Board of Trustees and authorised for issue on 19/12/2025 ............................................. and were signed on its behalf by:

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The notes form part of these financial statements

Page 10

LINWOOD COMMUNITY CHILDCARE

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Net cash provided by/(used in) investing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period		 2025
£
15,117
15,117
-
-
15,117
922,646
937,763		 2024
£
101,485
101,485
(11,963)
(11,963)
89,522
833,124
922,646

The notes form part of these financial statements

Page 11

LINWOOD COMMUNITY CHILDCARE

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income for the reporting period (as per the Statement of Financial
Activities)
Adjustments for:
Depreciation charges
Increase in debtors
Decrease in creditors
Net cash provided by operations		 2025
£
14,029
6,101
(5,013)
-
15,117		 2024
£
96,946
6,669
(2,070)
(60)
101,485

2. ANALYSIS OF CHANGES IN NET FUNDS

At 1/4/24 Cash flow At 31/3/25
£ £ £
Net cash
Cash at bank and in hand 922,646 15,117 937,763
922,646 15,117 937,763
Total 922,646 15,117 937,763

The notes form part of these financial statements

Page 12

LINWOOD COMMUNITY CHILDCARE

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1. 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 and Trustee Investment (Scotland) Act 2005. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on an accruals basis.

Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. The balance sheet at 31 March 2025 shows a strong net assets and cash flow position. As a result, the financial statements have been prepared on the going concern basis.

Critical accounting judgements and key sources of estimation uncertainty

In preparing these financial statements, the trustees have made the following judgements:

Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-assessing asset lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account. Residual value assessments consider issues such as future market conditions, the remaining life of the asset and projected disposal values.

Assets are considered for indications of impairment. If required an impairment review will be carried out and a decision made on possible impairment. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and where it is a component of a larger cash-generating unit, the viability and expected future performance of that unit.

Bad debts are provided for where objective evidence of the need for a provision exists.

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.

Government Grants

Government grants are recognised in the Statement of Financial Activities so as to match them with the expenditure toward which they are intended to contribute.

Expenditure

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Play & room equipment Fixtures and fittings

continued...

Page 13

LINWOOD COMMUNITY CHILDCARE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

1. ACCOUNTING POLICIES - continued

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.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Financial instruments

The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transactions costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the charity transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

continued...

Page 14

LINWOOD COMMUNITY CHILDCARE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

2.
DONATIONS AND LEGACIES
Unrestricted
funds
£
Donations
192
3.
OTHER TRADING ACTIVITIES
Unrestricted
funds
£
Fundraising events
684
Snack money collected
8,682
9,366
4.
INCOME FROM CHARITABLE ACTIVITIES
Activity
OSC fees collected
Charitable Activities
3 - 5 years fees collected
Charitable Activities
Renfrewshire Council - 3-5
Years Commissioned Place
Charitable Activities
Under 3 years fees collected Charitable Activities
Renfrewshire Council
Service Level Agreement
Charitable Activities
5.
CHARITABLE ACTIVITIES COSTS
Charitable Activities		 Restricted
funds
£
-
Restricted
funds
£
-
-
-
Direct
Costs (see
note 6)
£
527,742		 2025
Total
funds
£
192
2025
Total
funds
£
684
8,682
9,366
2025
£
24,811
30,282
323,220
174,707
-
553,020
Support
costs (see
note 7)
£
20,807		 2024
Total
funds
£
956
2024
Total
funds
£
971
4,456
5,427
2024
£
31,800
15,667
381,693
140,736
2,750
572,646
Totals
£
548,549

continued...

Page 15

LINWOOD COMMUNITY CHILDCARE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

6. DIRECT COSTS OF CHARITABLE ACTIVITIES

Staff costs
Insurance
Telephone & internet
Printing, postage & stationery
Staff training and health & safety
Repairs & maintenance
Photocopier lease
Office machinery, repairs & maintenance
Advertising & marketing costs
Subscriptions & registrations
Uniforms
Presents & entertainer
Trips & outings
Equipment purchases
Food purchases
Sanitation & disposables
Donations
Recruitment expenses
1140 lunch costs
7.
SUPPORT COSTS
Charitable Activities		 2025
2024
£
£
465,496
418,577
2,151
-
3,976
3,389
82
2,008
7,437
3,411
12,197
1,290
3,563
2,947
3,477
1,863
975
-
451
590
1,388
490
3,901
1,111
3,292
5,215
12,163
7,946
9,347
10,249
2,694
2,127
723
914
-
743
(5,571)
(1,744)
527,742
461,126
Governance
costs
£
20,807

Support costs, included in the above, are as follows:

Support costs, included in the above, are as follows:
2025 2024
Charitable Total
Activities activities
£ £
Bookkeeping fees 5,720 5,330
Audit fees 6,000 5,820
Accounts software fees 475 423
Payroll fees 2,511 2,715
Depreciation of tangible fixed assets 6,101 6,669
20,807 20,957

continued...

Page 16

LINWOOD COMMUNITY CHILDCARE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

8. OTHER

Support costs

Unrestricted
Restricted
funds
funds
£
£
20,369
438		 2025
Total
funds
£
20,807		 2024
Total
funds
£
20,957

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

10. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Management
Finance and administration
Out of School Care
Nursery 0-5 years		 2025
£
428,714
29,518
7,264
465,496
2025
2
2
3
14
21		 2024
£
386,928
24,041
7,608
418,577
2024
2
2
3
14
21

No employees received emoluments in excess of £60,000.

11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
956
Charitable activities
Charitable Activities
572,646
Other trading activities
4,456
Total
578,058
EXPENDITURE ON
Charitable activities
Charitable Activities
481,499		 Restricted
funds
£
-
-
971
971
584		 Total
funds
£
956
572,646
5,427
579,029
482,083

continued...

Page 17

LINWOOD COMMUNITY CHILDCARE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -
Unrestricted
£
NET INCOME
96,559
RECONCILIATION OF FUNDS
Total funds brought forward
862,281
TOTAL FUNDS CARRIED FORWARD
958,840
12.
TANGIBLE FIXED ASSETS
Play &
room
equipment
£
COST
At 1 April 2024 and 31 March 2025
109,017
DEPRECIATION
At 1 April 2024
88,567
Charge for year
5,112
At 31 March 2025
93,679
NET BOOK VALUE
At 31 March 2025
15,338
At 31 March 2024
20,450
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
Prepayments and accrued income		 continued
Restricted
funds
£
387
2,355
2,742
Fixtures
and
fittings
£
24,731
14,855
989
15,844
8,887
9,876
2025
£
10,894
6,337
2,232
19,463		 Total
funds
£
96,946
864,636
961,582
Totals
£
133,748
103,422
6,101
109,523
24,225
30,326
2024
£
10,900
3,550
-
14,450

continued...

Page 18

LINWOOD COMMUNITY CHILDCARE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Other creditors
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted
£
Fixed assets
22,911
Current assets
956,236
Current liabilities
(5,840)
973,307		 Restricted
funds
£
1,314
990
-
2,304		 2025
£
5,840
2025
Total
funds
£
24,225
957,226
(5,840)
975,611		 2024
£
5,840
2024
Total
funds
£
30,326
937,096
(5,840)
961,582

15. ANALYSIS OF NET ASSETS BETWEEN FUNDS

16. MOVEMENT IN FUNDS

At 1/4/24
£
Unrestricted funds
General fund
51,256
Out of School Care
112,110
3 - 5 Years
1,372,849
Under 3's
(577,375)
958,840
Restricted funds
1140 Grant
2,572
Big Lottery
170
2,742
TOTAL FUNDS
961,582		 Net
movement
At
in funds
31/3/25
£
£
2,422
53,678
(69,606)
42,504
140,590
1,513,439
(58,939)
(636,314)
14,467
973,307
(396)
2,176
(42)
128
(438)
2,304
14,029
975,611

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Out of School Care
3 - 5 Years
Under 3's
Restricted funds
1140 Grant
Big Lottery
TOTAL FUNDS		 Incoming
resources
£
-
25,230
358,071
179,277
562,578
-
-
-
562,578		 Resources
Movement
expended
in funds
£
£
2,422
2,422
(94,836)
(69,606)
(217,481)
140,590
(238,216)
(58,939)
(548,111)
14,467
(396)
(396)
(42)
(42)
(438)
(438)
(548,549)
14,029

continued...

Page 19

LINWOOD COMMUNITY CHILDCARE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

16. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

At 1/4/23
£
Unrestricted funds
General fund
44,394
Out of School Care
170,982
3 - 5 Years
1,159,338
Under 3's
(512,434)
862,280
Restricted funds
1140 Grant
2,129
Big Lottery
227
2,356
TOTAL FUNDS
864,636		 Net
movement
At
in funds
31/3/24
£
£
6,862
51,256
(58,872)
112,110
213,511
1,372,849
(64,941)
(577,375)
96,560
958,840
443
2,572
(57)
170
386
2,742
96,946
961,582

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Out of School Care
3 - 5 Years
Under 3's
Restricted funds
1140 Grant
Big Lottery
TOTAL FUNDS		 Incoming
resources
£
1
35,105
402,015
140,938
578,059
970
-
970
579,029		 Resources
Movement
expended
in funds
£
£
6,861
6,862
(93,977)
(58,872)
(188,504)
213,511
(205,879)
(64,941)
(481,499)
96,560
(527)
443
(57)
(57)
(584)
386
(482,083)
96,946

continued...

Page 20

LINWOOD COMMUNITY CHILDCARE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

16. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

At 1/4/23
£
Unrestricted funds
General fund
44,394
Out of School Care
170,982
3 - 5 Years
1,159,338
Under 3's
(512,434)
862,280
Restricted funds
1140 Grant
2,129
Big Lottery
227
2,356
TOTAL FUNDS
864,636		 Net
movement
At
in funds
31/3/25
£
£
9,284
53,678
(128,478)
42,504
354,101
1,513,439
(123,880)
(636,314)
111,027
973,307
47
2,176
(99)
128
(52)
2,304
110,975
975,611

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
resources
expended		 in funds
£ £ £
Unrestricted funds
General fund - 9,284 9,284
Out of School Care 60,336 (188,814) (128,478)
3 - 5 Years 760,086 (405,985) 354,101
Under 3's 320,215 (444,095) (123,880)
1,140,637 (1,029,610) 111,027
Restricted funds
1140 Grant 970 (923) 47
Big Lottery - (99) (99)
970 (1,022) (52)
TOTAL FUNDS 1,141,607 (1,030,632) 110,975

Explanation of Funds

The purpose of each fund is as follows:

Unrestricted Funds

Out of School Care Fund

The purpose of this fund is to facilitate the aims and objectives of the Out of School Care service.

3-5 Years Fund

The purpose of this fund is to facilitate the aims and objectives of the nursery 3-5 years service.

continued...

Page 21

LINWOOD COMMUNITY CHILDCARE

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025

16. MOVEMENT IN FUNDS - continued

Under 3 Years Fund

The purpose of this fund is to meet the costs of running the nursery for under 3s in respect of the costs not met by the Service Level Agreement with Renfrewshire Council.

Fundraising/General Fund

The purpose of this fund is to provide general funds for the charity to use at its discretion towards costs perhaps not met by another fund.

Restricted Funds

Restricted Capital Grant

The Big Lottery grant was received in previous years in respect of the 'Outdoor Play Award' and 'Quality Childcare'. The grants were fully spent and the balance represents the net book value of the assets purchased. The outgoing resources represents the depreciation on these assets.

Renfrewshire Council - 1140 Grant

The restricted grant represents funding from Renfrewshire Council for play equipment and garden improvements.

17. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025.

Page 22