Year End 2023 BOWER BUSY BEES Early Learning Centre DEDrtDT BOWER BUSY BEES owe svb OUR TRUSTEES qlli The trustees present their report and the unaudited financial statements of the charity for theiryear ended 31 July 2023 Reference and administrative details Registered charity name Bower Busy Bees Charity registration number SC013192 Principal office and registered: Bookkeeper: QUR STQRY WHY WASYOUR CHARITYSET UP? 8USY 8EES IS AN EARLY LEARNING CENTRE, BASED IN THE HEART OF THE CAITHNESS COUNTY. THE SETTING IS FUNDED BY THE HIGHLAND COUNCIL 6UT IS RUN BY A PARENT COMMITTEE. OUR CHARITY STATUS ALLOWS US TO RAISE FUNDSTOSUPPORT OUR RURAL NURSERY. 8USY 8EES ISA VERY POPULAR SETTING AND IS USED 8Y FAMILIES FROM ACROSS CAITHNESS. WITH A PRIMARILY OUTDOOR FOCUS WE ARE A UNIQUE ELC IN OUR COUNTY! qlli WHO does your charity help. our charity helps children and their families from across caithness, In addition to supporting oup local community, schootand toddler group. WHAT was done? An Easter Fairfor our community and Muddy Puddle Sponsor walk WHAT was achieved ? Our ELC playground developmentwas funded, improving our play space f or children attending the settting. WHAT difference was made ? We improved oup setting for children! In the past our f undraising has allowed us to purchase vesources to enhance the learning oppoptunites for our families. This has included a Tent to provide a warm space for our children, encouraging them to play outdoors f or longer. The development of our nursery playground to meet the standards expected bythe care Inspectorater was this year'sfocus. Whilst in the past we have used funds to build our community garden and share our producewith the community. AS pavtof ourfundpaising events at Easter; we provided an opportunéty to bring ' together memebers of our Widev community, (8owev lacks community opportunities). ENHANCING OUTDOOR PLAY 2023 PROJECT USING FUNDS How our Trustee's are selected: GeneraL structure 4. The structure of the group shalL consist of: (a) the MEMBERS- who have the right to attend the annual general meeting (and any special general meeting) and have important powers under the constitution; in particuLar, the members elect peopLe to serve on the management committee and take decisions in relation to changes to the constitution itself (b) the MANAGEMENT COMMITTEE- who hold regular meetings during the period between annuaL generaL meetings, and manage and supervise the activities of the group; in particular, the management committee is responsible for the financial control of the group. Powers of management committee 26. Except as otherwise provided in thls constitution, the groupi Its assets and undertakings shall be managed by the management commlttee, who may exercise all the powers of the group. 27. A meeting of the management committee at which a quorum is present may exercise all powers exercisable by the management committee. 28. The management commlttee may co-opt up to two members at any one time. Co-opted members shall have a vote. Structure & Governance (as per constitution) This is a model early years/childcare group constitution which has been approved by the Office of the Scottish Charities Regulator (OSCR) as acceptable for charitable status. Having charitable status means that your group may be exempt from tax and rates reLief, may claim gift aid, can fundraise with the general public, seek grants from charitable trusts and be eligible for local authority funding. Objects The aim of the group is to advance the education and social deveLopment of pre-school and oLder children with the emphasis on the play experience, so that they take a constructive pLace in the community and aLso to advance the education of their parents/carers and other appropriate persons. In furtherance of the above aims the group shall see (a) to provide safe and satisfying group play and le (b) to encourage other charitable activities through which th may support the development of children rents/c Termination of office 23. A member of the management committee vacate off ice if:_ (a) s/he becomes debarred under any statutory charity trustee 11 auto cally vision beinga Tconduct of members of the management committee (d) ensure that the group complies with any direction, requirement, notice or duty imposed on it by the Charities and Trustee Investment (Scotland) Act 2005. For the avoidance of doubt, no part of the income or property of the group shaLI (otherwise than in pursuance of the group's charitabLe objects) be paid or transferred (directly or indirectLy) to the members, either in the course of the group's existence or on dissolution. Interpretation 51. For the purposes of this constitution, "charitable" shaLI be interpreted as charitable within the meaning of section 7(2) of the Charities and Trustee I nvestment (Scotland) Act 2005 and section 505 of the Income and Corporation Taxes Act 1988 (including any statutory amendment or re-enactment of the provisions of these sections); "charity" shall be interpreted accordingly. From Constiution: Accounting records and annual accounts 44. The management committee shall ensure that proper accounting records are maintained in accordance with all applicable statutory requirements. At each meeting of the committee the treasurer will present an up to date written statement of accounts to the committee. Bank statements should also be available for inspection. 45. The management committee shall prepare annual accounts, complying with all relevant statutory requirements; if an audit is required under any statutory provisions, they shall ensure that an audit is carried out by a qualified auditor or by a capable independent examiner where an audit is deemed unnecessary. Future Plans The trustees will continue to seek fundraising opportunities to enhance the learning provision available in Bower in addition to seeking opportunites to bring together the wider community (by utilising our charity status) End of Year Financial Report and Review Bower Busy Bees Income & Expenditure Report as at 31 July 2023 Income Funding 2 Year Old Fees 82,817.75 3,726.70 2,000.00 311.34 15.00 1,292.41 90,163.20 Grants Bank Interest Donations Fundraising Expendlture Staff Costs ELC Materials & Direct Costs Overheads 69,180.62 5,729.27 2,590.04 1,404.98 5,413.08 1,288.00 786.92 86,392.91 Admln/Office Costs Repairs & Renewals Health & Safety Misc Expenses Surplus for year 3,770.29 e)i)ViC'. I END of Annual Report for Bower Busy Bees SIGNED: DATE: