Charity Number SC017661
HOLY CORNER COMMUNITY PLAYGROUP FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
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HOLY CORNER COMMUNITY PLAYGROUP
FINANCIAL STATEMENTS
YEAR ENDED 31 JULY 2025
| CONTENTS | PAGE |
|---|---|
| Trustees and professional advisors | |
| Trustees’ annual report | 1 |
| Independent examiner’s report | 3 |
| Receipts and payments account | 4 |
| Statement of balances | 5 |
| Notes to the financial statements | 6 |
HOLY CORNER COMMUNITY PLAYGROUP
TRUSTEES AND PROFESSIONAL ADVISORS
Members of the committee
The members at the date of signing of this report are as follows:
Bankers
Bank of Scotland 8 Morningside Road Edinburgh EH10 4DD
HOLY CORNER COMMUNITY PLAYGROUP YEAR ENDED 31[ST] JULY 2025 REPORT OF THE TRUSTEES
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 July 2025.
Reference and administration information
The charity is an unincorporated recognised Scottish charity, charity no SC017661, and is governed by the terms detailed within its formal constitution.
The charity is a member of Early Years Scotland, having accepted the aims of the Association.
The Trustees
The trustees who served the charity during the year, and up to the signing date of this report, were as follows:
Appointed
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Resigned
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Structure, governance and management
The affairs of the charity are under the control of the Holy Corner Community Playgroup council, with a committee for the day to day running of its business. The council consists of the whole membership of the charity. The committee usually consists of 6 or 7 members of the council including the chairperson, secretary and treasurer.
In accordance with the charity’s constitution, the council shall hold an annual general meeting in which members of the committee are eligible for re-election.
Recruitment and appointment of trustees
New trustees are elected from the parent body during the AGM for the year.
Risks
The charity is dependent upon receiving sufficient funding and donations to enable it to continue to work towards achieving its objectives.
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HOLY CORNER COMMUNITY PLAYGROUP YEAR ENDED 31[ST] JULY 2025 REPORT OF THE TRUSTEES
Objectives and activities
The aim of the charity is to promote the aims of Early Years Scotland which are to advance the education and social development of pre-school children with the emphasis on play experience, so that they take a constructive place in the community, and also to advance the education of their parents and other appropriate persons.
In furtherance of the above aims the charity seeks: a) to provide safe and satisfying group play and learning, and b) to encourage other charitable activities through which the parents may support the development of children.
Activities and achievements
During the year, the charity continued to be committed to promoting the aims of Early Years Scotland, by continuing to operate Holy Corner Community Playgroup within Christchurch Halls, Morningside Road, Edinburgh. The Playgroup held a few fund-raising events during the year, raising £3,376.
Plans for future periods
The plan to establish and register a SCIO, with the intention of continuing the Playgroup’s operation through this charitable organisation, has been put on hold for the time being.
Financial review
The reserves at 31[st] July 2025 are £27,505 (31[st] July 2024: £34,384). The current level of reserves held is for use by the charity in forthcoming periods in order to meet its objectives.
There was a deficit for the year of £6,879 (2024: Surplus £1,791). This includes fees received in advance of the next academic year of £5,779 (2024: £nil).
Investment Policy
Surplus funds are held in a non-interest bearing bank account.
Statement of Trustees’ responsibility
The Trustees are responsible for preparing the Trustees’ annual report and the financial statements in accordance with applicable law and regulations.
In preparing these financial statements the trustees are required to:
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Select suitable accounting policies and then apply them consistently
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Make judgements and estimates that are reasonable and prudent;
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Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with regulations 9(1), (2) and (3). The Trustees 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.
Signed on behalf of the Trustees
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Chairperson
Approved by the Trustees on 4[th] December 2025
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HOLY CORNER COMMUNITY PLAYGROUP YEAR ENDED 31[ST] JULY 2025 REPORT OF THE INDEPENDENT EXAMINER
I report on the unaudited accounts of the charity for the year ended 31[st] July 2025 set out on pages 4 to 7.
Respective responsibilities of the Trustees and the Independent 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 Report
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 seeking 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:
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(1) which gives me reasonable cause to believe that in any material respect the requirements
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(a) to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and
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(b) 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.
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4[th] December 2025
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HOLY CORNER COMMUNITY PLAYGROUP
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 JULY 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Note |
£ | £ | |
| RECEIPTS | |||
| Grants received | 2 | 18,217 | 28,672 |
| Fees | 3 | 49,925 | 35,156 |
| Donations | 1,434 | 2,195 | |
| Fund-raising | 3,584 | 3,808 | |
| Milk & Healthy Snack grant | 2 | 3,026 | 2,212 |
| ---------------------------- | ---------------------------- | ||
| Total receipts | 76,186 | 72,043 | |
| -------------------------------- | ------------------------------------ | ||
| Payments | |||
| Fund-raising expenses | 208 | 296 | |
| -------------------------------- | ------------------------------------ | ||
| Payments for charitable activities | |||
| Rent | 12,000 | 7,040 | |
| Insurance | 535 | 477 | |
| Wages and National Insurance | 63,461 | 56,115 | |
| Pension contributions and administration fees | 1,177 | 729 | |
| Staff training | 442 | 334 | |
| Equipment and resources | 1,691 | 1,303 | |
| Catering | 1,552 | 1,418 | |
| Milk | 202 | 192 | |
| Membership fees | 150 | 150 | |
| --------------------------- | --------------------------- | ||
| 81,210 | 67,758 | ||
| --------------------------- | --------------------------------- | ||
| Governance costs | |||
| Accountancy fees | 821 | 1,119 | |
| Repairs and maintenance | - | 84 | |
| Postage and stationery | 266 | 192 | |
| Advertising | 169 | 243 | |
| Computer costs and repairs | 167 | 174 | |
| Miscellaneous | 110 | 231 | |
| Telephone and internet | 114 | 155 | |
| --------------------------- | --------------------------------- | ||
| 1,647 | 2,198 | ||
| --------------------------- | ------------------------------------ | ||
| Total payments | 83,065 | 70,252 | |
| --------------------------- | --------------------------- | ||
| (Deficit)/surplus for the year | (6,879) | 1,791 | |
| ============== | ============= |
The notes on pages 6 and 7 form part of these financial statements.
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HOLY CORNER COMMUNITY PLAYGROUP
STATEMENT OF BALANCES
31 JULY 2025
| 2025 |
**2024 ** | ||
|---|---|---|---|
| Note | £ |
£ | |
| BANK AND CASH IN HAND | |||
| Opening balance | 34,384 | 32,593 | |
| (Deficit)/surplus for the year | (6,879) | 1,791 | |
| ------------------------------------ | ------------------------------------ | ||
| Closing balance | 27,505 | 34,384 | |
| =============== | =============== | ||
| CAPITAL AND RESERVES | |||
| General Funds | **5 ** | 27,471 | 34,384 |
| Restricted Funds | **6 ** | 34 | - |
| ------------------------------------ | ------------------------------------ | ||
| Closing balances | 27,505 ================ |
34,384 ================ |
These financial statements were approved by the members of the committee on 4[th] December 2025 and are signed on their behalf by:
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Treasurer
The notes on pages 6 and 7 form part of these financial statements.
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HOLY CORNER COMMUNITY PLAYGROUP
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 JULY 2025
1. ACCOUNTING POLICIES
Basis of accounting
The accounts have been prepared on a receipts and payments basis and in accordance with applicable accounting standards and under the historical cost convention, and in accordance with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006.
Fund accounting
Unrestricted funds are expendable at the discretion of the Trustees in furtherance of the objects of the charity. If parts of the unrestricted funds are earmarked at the discretion of the trustees for a particular purpose, they are designated as a separate fund. This designation has an administrative purpose only and does not legally restrict the trustee’s discretion to apply the fund.
Incoming resources
All donations and gifts are included within incoming resources under either unrestricted or restricted funds according to the terms under which the donation is made and when the amount can be quantified with reasonable certainty. Donations and gifts in kind are brought into the accounts at their market value to the charity.
Resources expended
All expenditure is included within the financial statements on a payments basis.
Taxation
Holy Corner Community Playgroup is recognised as a charity for the purpose of applicable taxation legislation and is therefore not subject to taxation on its charitable activities. The charity is not registered for VAT and resources expended therefore include irrecoverable input VAT.
2. Grants received
| Grants received | ||
|---|---|---|
| Total funds | Total funds | |
| 2025 | 2024 | |
| £ | £ | |
| Edinburgh City Council | 20,743 | 30,884 |
| Tesco Stronger Starts | 500 | - |
| ----------------------------------- | ----------------------------------- | |
| 21,243 | 30,884 | |
| ============== | ============== |
3. Amounts received in advance/still due at year end
Fees received for the 2025-26 academic year included in these accounts are £5,779 (2024: for 2024/25 £nil). There are outstanding fees of £1,066 relating to 2024/25.
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HOLY CORNER COMMUNITY PLAYGROUP
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 JULY 2025
4. Staff costs and emoluments
Particulars of employees:
The average number of staff employed by the charity during the financial year amounted to:
| 2025 | 2024 | |
|---|---|---|
| No | No | |
| Number of staff – playleaders | 5 | 6 |
| administration | 1 | 1 |
| ----------------------------------- | ----------------------------------- | |
| 6 | 7 | |
| ============== | ============== |
No transactions occurred during the year with trustees, including out of pocket expenses and salaries.
No trustees or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year.
5. Unrestricted funds
| Total funds | Total funds | |
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Opening balance | 34,384 | 32,593 |
| (Deficit)/surplus for the year | (6,879) | 1,791 |
| Transfer to Restricted Funds | (34) | - |
| ----------------------------------- | ----------------------------------- | |
| General funds | 27,471 | 34,384 |
| ============== | ============== |
6. Restricted funds
| Total funds | Total funds | |
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Tesco Grant received in year | 500 | - |
| Tesco Grant expended in year | (466) | - |
| ----------------------------------- | ----------------------------------- | |
| Restricted funds | 34 | - |
| ============== | ============== |
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