Fogo Nursery School Trust
Trustees’ Report and Accounts for the year ended 31 July 2025
Scottish Charity Number SC020759
Contact Address
==> picture [304 x 306] intentionally omitted <==
Governing Document
The Trust is governed by its Deed of Trust dated 9 November 1992 and its Rules and Regulations adopted on 29 September 2010 and amended on 29 September 2014.
Recruitment and Appointment of Trustees
The formal appointment and removal of trustees is in accordance with the Trust Deed, which specifies that the appointment of a trustee requires the unanimous agreement of the existing trustees and the removal of a trustee requires the unanimous agreement of all the other trustees. It is however the current policy of the trustees to exercise their right of appointment and removal in such a way that at any time the trustees are precisely the members of the committee elected at an Annual General Meeting or co-opted in accordance with the Trust’s Rules and Regulations.
Charitable Purpose
The purpose of the Trust is to provide pre-school education from ages two to five years old within the area of Berwickshire. The Trust promotes the aims of Early Years Scotland (formerly the Scottish Pre-School Play Association) which are to make a real, positive difference to the lives of our youngest children with the emphasis on play experience, so that they may take a constructive place
1
in the community and also to advance the education of their parents and other appropriate persons. In furtherance of the above aims the Trust seeks
1(a) (b) To provide a safe and satisfying group play in which parents take part where appropriate, To encourage other charitable activities through which parents may help the children.
Activities and Achievements
Our current register is 37 enrolled in August, and a few more starting throughout the year, with most sessions full by the end of the year due to an increase in September - February birth dates, some funded spaces are not filled from August to when the funding starts. We have a healthy waiting list for next session.
Providing 1140 hours including a funded lunch for funded places and healthy snacks for all attending i funded by SBC. Self funded children are able to pay for their lunch.
as worked hard to complete her SVQ Level 7 during the year, we welcome Joanne as a fully qualified member of our team and extend our congratulations to her on this achievement. We have recruited an additional staff member towards the end of last academic year. We welcome a: our team. This will ensure continuity for the children in the event of staff absence, allow time for all valuable administration jobs to be completed and to cover gaps in the rota to keep our staff:child ratios in excellent order.
las urher cooksuccessor, left us forand pasturesshe started newin inMay Glasgow and inis settling March 2025.in well. We have recruiteda
We have renewed the flooring in our kitchen to ensure good infection control as our previous flooring had been damaged over the years.
We have been able to once again commit to a wage rise, as we continue to strive to narrow the gap with the Local Authority wages. The increase in employers National Insurance contributions has made an impact on our ability to offer a higher wage at this time.
Reserves
Our aim is to keep a ‘ring-fenced’ or safety net funds of £45,000 (raised to keep in line with wages costs) in our current account to provide stability for the on-going running costs of the Trust. The main focus is commitment towards staff wages should an event happen e.g unexpected expenditure, staff redundancy, reduced uptake of sessions or forced closure. We have kept our £25,000 allocated to our garden room project to put towards our proposed loft extension.
Future News
Our planned Garden Room project to provide much needed space for admin tasks, staff breaks and a meeting area, has sadly hit a snag, with SBC Estates explaining that it would have be at least 8metres away from the building to follow insurance requirements. This is not going to be possible to accommodate. We are now looking into the possibility of extending to the roof space in the Old School and making an attic type conversion. We have gained landlord consent in principle and are now looking to get plans drawn up and approved by planning and building regulators. This might cost a bit more than we had budgeted for a Garden Room, so we would like to keep funds available to put towards this project if we can.
2
Financial Review
The accounts show the amount of cash held by the nursery at 31 July 2025 and changes in that amount over the past year.
Risk Management
We consider that we have appropriate staff training, insurance and financial controls in place to manage risk.
Approved by the Trustees on Monday 20th September 2025 and signed on their behalf.
==> picture [107 x 36] intentionally omitted <==
3
Fogo Nursery School Trust SC020759
Report and Accounts for the year ended 31 July 2025
Statement of Receipts and Payments
| Note | 2024-25 | 2024-25 | 2024-25 | 2023-24 | ||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| Funds | Funds | |||||
| £ | £ | £ | £ | |||
| Receipts | ||||||
| Donations | - | - | - | 120 | ||
| Grants: | ||||||
| Scottish Borders Council | - | - | - | |||
| Royal Bank of Scotland | - | - | - | - | ||
| Fundraising | 149 | - | 149 | 190 | ||
| Bank Interest | - | - | - | - | ||
| Charitable Activities | (6) | 236,951 | - | 236,951 | 225,406 | |
| - | ||||||
| Total Receipts | 237,100 | 237,100 | 225,716 | |||
| - | ||||||
| Payments | ||||||
| Fundraising Activities | (7) | 227,989 | - | 227,989 | 199,254 | |
| Charitable Activities | ||||||
| Governance costs: | 504 | - | 504 | 462 | ||
| Independent examination | ||||||
| 228,493 | - | 228,493 | 199,716 | |||
| Total Payments | ||||||
| Net Receipts / (payments) | 8,607 | - | 8,607 | 26,000 | ||
| Transfer between funds | - | - | - | - | ||
| Surplus / (Deficit) for year | (484) | - | (484) | 41,063 |
4
Fogo Nursery School Trust SC020759
Report and Accounts for the year ended 31 July 2025
Statement of Balances
| Note | 2024-25 | 2024-25 | 2024-25 | 2024-25 | 2023-24 | 2023-24 | |
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| Funds | Funds | ||||||
| £ | £ | £ | |||||
| £ | |||||||
| Bank and Cash Balances | |||||||
| Balance at start of year | 74,691 | 25,000 | 99,691 | 58,628 | |||
| Surplus/(Deficit) for year | (484) | - | (484) | 41,063 | |||
| Balance at end of year | 74,207 | 25,000 | 99,207 | 99,691 | |||
| Assets | Cost | Value 31/07/25 | Value | 31/07/24 | |||
| (All assets are unrestricted) | £ | £ | £ | ||||
| Fixed assets | |||||||
| Play equipment | 17,306 | 0 | 996 | ||||
| IT equipment | 8,753 | 399 | 555 | ||||
| Kitchen and Cleaning Equipment | 2,792 | 0 | 0 | ||||
| Fixtures and Fittings | 6,420 | 0 | 2140 | ||||
| 35,271 | 399 | 3,691 | |||||
| Total | |||||||
| Other assets | 0 | 0 | |||||
| Stock of Uniforms | |||||||
| Liabilities | Value 31/07/25 | Value | 31/07/24 | ||||
| £ | £ | ||||||
| 0 | 120.00 |
Approved by the trustees on 19[th] September 2025 and signed on their behalf.
5
Fogo Nursey School Trust SC020759
Report and Accounts for the year ended 31 July 2025
Notes to the accounts
1. Funds. Unrestricted funds are funds available for the general purpose of the Trust. Restricted funds are subject to conditions imposed by the doners.
2. The Old School Building. The Old School Building at Fogo, in which the nursery operates, is leased by the Trust from Scottish Borders Council. The rent is £1 per annum if asked.
3. Assets. The Trust owns a quantity of play equipment, IT equipment, office equipment, cleaning equipment, kitchen equipment, crockery, furniture and furnishings. Items purchased at a cost of £250 or more are classified as fixed assets and valued using annual depreciation on a straight-line basis to reduce the value to zero over four years. All assets, including assets purchased from restricted funds, are for the general purposes of the Trust and are therefore classified as unrestricted.
4. Pension scheme. The Trust operates a defined contribution pension scheme complying with pension auto-enrolment legislation.
5. Trustees and connected parties. No trustee, or any person connected to a trustee, received any remuneration, benefits or expenses during the year (2024: the same).
6. Receipts from charitable activities.
| 2024-25 | 2024-25 | 2024-25 | 2023-24 | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | ||||
| £ | £ | £ | £ | ||
| Fees (including lunches/snacks): | |||||
| Scottish Borders Council | 202,766 | - | 202,766 | 201,448 | |
| Parents | 34,186 | - | 34,186 | 23,958 | |
| Staff Lunches | - | - | - | - | |
| Milk Grants | - | - | - | - | |
| Uniforms | - | - | - | - | |
| Sale of equipment | - | - | - | - | |
| Total | 236,952 | - | 236,952 | 225,406 |
6
Fogo Nursery School Trust SC020759
Reports and Accounts for the year ended 31 July 2025
7. Payments for charitable activities.
| 2024-25 | 2024-25 | 2024-25 | 2023-24 | |
|---|---|---|---|---|
| Unrestricted | Restricted Funds | Total | Total | |
| Funds | ||||
| £ | £ | £ | £ | |
| Wages | 193,255 | - | 193,255 | 170,438 |
| Pensions: employer’s contributions | 5,484 | - | 5,484 | 4,853 |
| Lunches/ snacks | 11,507 | - | 11,507 | 8,831 |
| Play equipment | 2,028 | - | 2,028 |
1,221 |
| Play materials | 716 | - | 716 | 966 |
| Books | 25 | - | 25 | 126 |
| Uniforms | 341 | - | 341 | 104 |
| Subscriptions | 30 | - | 30 | 134 |
| Trips and activities | 180 | - | 180 | 145 |
| Training | 685 | - | 685 | 1,067 |
| Care inspectorate and PVG | 508 | - | 508 | 479 |
| Early Years Scotland fees and insurance | 2,014 | - | 2,014 | 274 |
| Advertising & Marketing | 409 | - | 409 | 27 |
| Cleaning, maintenance and repairs | 7,731 | - | 7,731 | 5,719 |
| Software | 1,511 | - | 1,511 | 2,787 |
| Printing, stationery, postage and | ||||
| miscellaneous | 246 | - | 246 | 1,203 |
| Telephone | 1,319 | - | 1,319 | 881 |
| Subtotal | 227,989 | -- | 227,989 | 199,254 |
| Fixed assets and building improvements: | ||||
| Play equipment | - | - | - | - |
| IT equipment | - | - | - | - |
| Kitchen and cleaning equipment | - | - | - | - |
| Fixtures and Fittings | - | - | - | - |
| - | ||||
| Subtotal | ||||
| Total | 227,989 | - | 227,989 | 199,254 |
7
8. Analysis of bank and cash balances at end of year.
| 2024-25 | 2024-25 | 2024-25 | 2023-24 | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| Funds | Funds | Total | Total | ||
| £ | £ | £ | £ | ||
| Bank account | 99,146 | - | 99,146 | 99,648 | |
| Cash in hand: general | 61 | - | 61 | 43 | |
| Total | 99,207 | - | 99,207 | 99,691 |
8
Fogo Nursery School Trust SC020759 REPORT AND Accounts for the year ended 31 July 2025
Independent Examiner’s Report to the Trustees of Fogo Nursey School Trust
I report on the accounts of Fogo Nursey School Trust (“the charity”) for the year ended 31 July 2025 which are set out on pages 4 to 8.
Respective responsibilities of trustees and 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 (“the 2005 Act”) and the Charities Accounts (Scotland) Regulations 2006 (as amended) (“the 2006 Regulations”). The charity’s trustees consider that the audit requirement of Regulation 10(1)(d) of the 2006 Regulations does not apply. It is my responsibility to examine the accounts under Section 44(1)© of the 2005 Act and to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination is carried out in accordance with Regulation 11 of the 2006 Regulations. 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 seeks 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
-
which gives me reasonable cause to believe that in any material respect the requirements
-
(a) To keep accounting records in accordance with Section 44 (1)(a) of the 2005 Act and Regulation 4 of the 2006 Regulations, and
-
(b) To prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Regulations have not been met, or
-
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
19[th] September 2025
9