**REGISTERED CHARITY NUMBER: SC015664** Report of the Trustees and Unaudited Financial Statements For The Year Ended 30th April 2025 for ``` GRANTOWNPLAYGROUP ``` Goldwells 15-17 High StTeet Kingussie Inverness-Shire PH21 UIS ``` GRANTOWNPLAYGROUP ``` **----- Start of picture text -----**
Contents of the Financial Statements
For The Year Ended 30th April 2025
Page
Report of the Trustees to 1
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to 9
Detailed Statement of Financial Activities 10
**----- End of picture text -----**
## GRANTOWNPLAYGROUP Report of the Trustees For The Year Ended 30th April 2025 The trustees present their report with the financial statements of the charity for the year ended 30th 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). ## **Achievement and performance** ## **Charitable activities** Playgroup has had another busy year, working at capacity, with 37 children registered. As some of these children were utilising split centres, it was equivalent to 36 children receivmg 1140 hours care, Staffing levels stayed constant at 7 members of staff including 1 part time member. All staff have undenaken training to further their CPD and to ensure that certificates, such as first aid, food hygiene and child protection remain valid. Our last inspection took place in January 2019 and these grades are still in place. We were due to be inspected any time after January 2021, so this is expected at any time, especially as parent questionnaires were issued in early 2024, so we've asked that they be re-issued. We have had visits for drama training from Lorraine Hemmings, exercise classes from Crossfit Caimgozms, dance classes from James Montgomery and a trip to Brodie Castle. Regular visit by the children to the Library and to visit and entertain the residents at Lynemore have continued. Expenditure of note this year includes:- - Complete r � development of the wildside in the garden - Installation of artificial grass and hobbit tunnel on wildside - Re-surfacing and re-lining of car park - Replacement of heaters to be compatible with smart meter and selling excess power to grid - Replacement of soundproof partition between playrooms 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** SC015664 ## **Principal address** Blackpark Heathfield Road Grantown on Spey PH263HX ## **Trustees** Page 1 GRANTOWNPLAYGROUP Report of the Trustees For The Year Ended 30th April 202S **Reference and administrative details Independent Examiner** Goldwells 15-17 High Street Kingussie Inverness-Shire PH21 IHS . \.\. ( /' Page2 Independent Examiner's Report to the Trustees of Grantown Playgroup I report on the accounts for the year ended 30th April 2025 set out on pages four to nine. ## **Respective responsibilities of trustees and examiner** The charity's trustees are responsible for the preparation of the accounts in accordance with the tenns of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation lO(l)(a) to (c) 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 the independent examiner's report** My examination was canied out in accordance with Regulation 11 of the Charities Accotmts (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 seeking explanations from you as 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 connection with 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 to comply with Regulation 8 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. The Association of Chartered Certified Accountants Goldwells 15-17 High Street Kingussie Inverness-Shire PH21 IHS Date: ..... ms:.. t?..Ol.OO.). � Page 3 ## GRANTOWNPLAYGROUP Statement of Financial Activities For The Year Ended 30th April 2025 |**Income and endowments from**
Notes
2025
Unrestricted
fund
£
Donations and legacies
650
**Charitable activities**
Playgroup fees
296,432
Other income
870
**Total**
297,952
**Expenditure**on
**Charitable activities**
Staff expenditure
184,420
Consumables
33,859
Outings and activities
1,463
Play equipment
8,102
Development
58,345
Suppor1 costs
13,664
**Total**
299,853
**NET INCOME/(EXPENDITURE)**
{1,901)
**Reconciliation of funds**
Total funds brought forward
303,153
**Total funds carried forward**
301,252|2024
Total
funds
£
390
281,052
336| |---|---| ||281,778| ||168,817
32,644
2,021
l,656
22,493
10,027| ||237,658| ||44,120
259,033| ||303,153| The notes form part of these financial statements Page4 ## `GRANTOWNPLAYGROUP` |Balance Sheet
30thApril2025
Notes
Current assets
Debtors
4
Cashatbank
**Creditors**
Amounts falling duewithin one year
_s_
**Net current assets**
**Total assets less current liabilities**
**NET ASSETS**
**Funds**
Unrestricted funds
6
**Total funds**|2025
2024
Unrestricted
Total
fund
funds
£
£
222
301,758
303,846| |---|---| ||301,980
303,846
(728)
(693)| ||301,252
303,153| ||301,252
303,153| ||301,252
303,153| ||301,252
303,153| ||30),252
303,153| ||li.c1.
( I') ,,| The financial statements were approved by the Board of Trustees and authorised for issue on .1.......... J �� .!,: .... /. � .. and were signed on its behalf by: The notes form part of these financial statements Pages ## GRANTOWNPLAYGROUP Notes to the Financial Statements For The Year Ended 30th April 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. ## **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. ## **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. ## **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. ## **2. Trustees' remuneration and benefits** There were no trustees' remuneration or other benefits for the year ended 30th April 2025 nor for the year ended 30th April 2024. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 30th April 2025 nor for the year ended 30th April 2024. continued... Page6 ## `GRANTOWNPLAYGROUP` Notes to the Financial Statements • continued For The Year Ended 30th April 2025 ## 3. **Staff costs** The average monthly number of employees during the year was as follows: |Staff
No employees received emoluments in excess of£60,000.
4.
Debtors:**amounts falling due**within one**year**
Prepayments
**5.**
**Creditors: amounts falling due within one year**
Othercreditors
6.
**Movement **in funds
**Unrestricted funds**
At1.5.24
£
Generalfund
303,153
**TOTAL FUNDS**
303,153
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
Incoming
resources
£
Generalfund
297,952
**TOTAL FUNDS**
297,952|-
--
--
7
2025
2024
--
--
2025
2024
£
£
222
--
2025
2024
£
£
728
693
Net
movement
At
in funds
30.4.25
£
£
(1,901)
301,252
7| |---|---| ||(1,901)
301,252| ||Resources
Movement
expended
in funds
£
£
(299,853)
(1,901)| ||(299,853)
(1,901)| continued... **Page?** ## GRANTOWNPLAYGROUP Notes to the Financial Statements - continued **For** The Year Ended 30th April 2025 ## 6. Movement in funds - continued Comparatives for movement in funds |At1.5.23
£
**Unrestricted funds**
Generalfund
259,033
**TOTAL FUNDS**
259,033|Net
movement
At
infunds
30.4.24
£
£
44,120
303,153
44,120
303,153| |---|---| Comparative net movement in funds, included in the above are as follows: |Comparative net movement in funds, included intheabove are as follows:|| |---|---| |Incoming
resources
£
**Unrestricted funds**
Generalfund
281,778
**TOTAL FUNDS**
281,778|Resources
expended
£
Movement
in funds
£
(237,658)
44,120| ||(237,658)
44,120| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**
At1.5.23
£
Generalfund
259,033
**TOTAL FUNDS**
259,033|Net
movement
At
infunds
£
30.4.25
£
42,219
301,252| |---|---| ||42,219
301,252| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |Acurrent year12monthsandprioryear 12months combined net movement in fun
follows:|ds,included inthe above are| |---|---| |Incoming
resources
£
**Unrestricted funds**
Generalfund
579,730
**TOTAL FUNDS**
579,730|Resources
expended
Movement
in funds
£
£
(537,511)
42,219| ||(537,511)
42,219| Page& ## GRANTOWN PLAYGROUP Notes to the Financial Statements - continued For The Year Ended 30th April 2025 ## 7. **Related party disclosures** There were no related party transactions for the year ended 30th April 2025. Page9 ## `GRANTOWNPLAYGROUP` Detailed Statement of Financial Activities For The Year Ended 30th April 2025 |**Income and endowments**
**Donations and legacies**
Donations and fundraising
**Charitable activities**
Commissioned children fees
**Other income**
Miscellaneous income
**Total incoming resources**
**Expenditure**
**Charitable activities**
Wages
Pensions
Playequipment -durables
Playequipment •expendables
Food and drink
Repairs and renewals
Outings and activities
Cleaningexpenses
AES solar development
Wild-side garden development
Carpark development
Support costs
**Management**
Rates and water
Insurance
Light and heat
Telephone
Sundries
Staff training
Subscriptions
**Governance costs**
AccoW1tancy
Total resources expended
**Net (expendfture)/iocome**|2025
£
650
296,432
870
297,952
172,746
11,674
5,274
2,828
26,100
10,411
1,463
6,325
240
33,468
15,660
286,189
1,086
1,711
6,518
921
387
935
785|2024
£
390
281,052
336| |---|---|---| |||281,778
158,337
10,480
789
867
21,780
6,778
2,021
4,086
22,493| |||227,631
1,609
4,312
931
374
10
888| ||12,343
1,321|8,124
1,903| ||299,853|237,658| ||(1,901)|44,120| This page does not fonn part of the statutory financial statements Page 10