2025-06-30-accounts

Charity Registration No. SC021435 (Scotland)

SCOOSH

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

SCOOSH

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees	Anne Stewart
	Jenea Bin
	Alison Marron
	Alison Turnbull
	Justyna Piestrak
	Helen Usher
	Heather McCluskey
Charity number (Scotland)	$C021435
Principal address	Nelson Hall
	5 Spittalfield Crescent
	Edinburgh
	EH8 9QZ
Independent examiner	McFadden Associates Limited
	19 Rutland Square
	Edinburgh
	EH12BB

SCOOSH

CONTENTS

	Page
Trustees’ report	1-3
Independent examiner's report	4
Statement of financial activities	5
Balance sheet	6
Notestothefinancialstatements	7-12

SCOOSH

TRUSTEES' REPORT

FOR THE YEAR ENDED 30 JUNE 2025

The Trustees present their report and financial statements for the year ended 30 June 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the trust's constitution, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and "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

The reviewed aims of the Association are as follows:

• Encouraging the involvement of all our parents, where possible, in some aspect of the club

• • Ensuring our service is inclusive and accessible to all children in the community and offers them a programme that is interesting, educational, stimulating and fun
• • Creating a safe child-centred environment, which allows the children a degree of freedom within a structured environment and offers them an opportunity to have their say and shape the programme of activities

• Keeping our fees to a minimum to the benefit of low income families

• Ensuring our service is responsive and expands where demand is made in a manner that will not endanger our current services

• • Ensuring the staff team is experienced, well trained and properly supported

• Maintaining an equitable workplace where all staff are valued and encouraged to fulfil their potential

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities trust should undertake.

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SCOOSH

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

Achievements and performance

Our year started with the Summer holidays and we continued with the idea of having 2 day trips a week — one being in the city and one further afield. These were well received by our families, with some parents asking if they could attend instead. We had our usual mixture of themed days, with favourites being the water and bouncy castle days.

Demand for out of school care services continued to be high from the parents at the schools we cater for. The numbers ranged between 70 - 80 children per day Monday to Thursday and 56 on a Friday. We operated during all school holidays and as well as servicing four local primary schools, namely Preston Street, Sciennes, Royal Mile and Prestonfield Primary attract children from further afield due to our central location.

Due to the popularity of the sports clubs, we decided to continue these after the Summer until October, reducing to a single sport a day while offering children’s choice activities taken from personal plans. Annual favourites like the Fireworks display in November and Christmas Cafes with carol signing in December were very popular with our families. We introduced a new theme in January, Motion Pictures which ran until the Summer. This saw us doing weekly movies, taken from children and staff suggestions, and planning a variety of activities to fit the film. Some of the films tackled were Paddington, Snow White, Star Wars, Ice Age and Minions.

Staffing in this childcare sector is still a challenge, with the hours on offer not enough to retain experienced staff or encourage new entrants into the profession. Prior to the summer, we recruited Alan Tully and Vicky Maitland who started in August, to replace staff that had left last year. Isaac Mulholland left his position in August, as did Alex Johnson who embarked on a career in teaching. As a result, Leonie Quinn was hired in September as a replacement for the outgoing staff. Vicky Maitland chose to leave her position in November, with agency staff used to cover the shortfall while we recruited. This recruitment led to both Mac Bullock and Demi Walker joining the team in January, although Demi felt the role wasn’t suited to her so left after a week. Cameron Caswell was rehired due to his university timetable accommodating working a couple of days a week, and he left in May to pursue a career in his studies. Cloe Lyons completed her SVQ Level 7 in Social Services Children and Young People, with Bonnie Kennedy starting her qualification in January.

Our Annual General Meeting took place again at the Nelson Hall on 24th June 2025. This gives all parents the opportunity to reflect on our current services and set the fees for the forthcoming year. It was decided to keep fees at the same level for the coming year to support our families with the rising cost of living, but this would be combated through increasing our intake in August. Parents Alison Marron and Jenea Bin continued in their roles as Chair and Secretary respectively. We are always grateful to parents for the time and energy they commit to the project which helps us go from strength to strength.

Financial review

Over the last period, overall Expenses remained reasonably static whereas, we had a drop in income. This was due largely to having to close the project due to boiler works in our building and reduced numbers.

We reduced our staffing costs slightly, however, using agency staff as cover resulted in a small surplus of £594. There was a continuation of minimising spending on equipment or activities over the period to prevent losses, and no further need to make payments for building equipment/resources.

It is the policy of the trust that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure. The Trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the trust's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

The Trustees has assessed the major risks to which the trust is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

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SCOOSH

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

Structure, governance and management

trust was established in November 1992.

The Trustees who served during the year and up to the date of signature of the financial statements were: Anne Stewart

Jenea Bin

Alison Marron Alison Turnbull

Justyna Piestrak Helen Usher

Heather McCluskey

There are three classes of Management Committee Member 1 - Those elected from the Membership, consisting of the Chair & Secretary and no more than six ordinary members.

2 - Those co-opted to fill casual vacancies, to number not more than two.

3 - Advisory members, interested individuals or members / representatives of statutory or voluntary organisations whose interests do not conflict with those of the Association. Advisory members shall not be entitled to vote.

The Management Committee works in a variety of backgrounds, including Creative Arts, University Sector, Civil Service, Voluntary sector and Health Care. They have a combined experience of almost 14 years on the Management Committee of the Association.

The Management Committee employs 1 Manager who ensure the smooth running of the organisation on a dayto-day basis. The Manager works in partnership with the Management Committee in the strategic planning and decision making.

The Trustees' report was approved by the Board of Trustees.

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Jenea Bin
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Trustee Dated: 24 March 2026

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SCOOSH

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF SCOOSH

| report on the financial statements of the trust for the year ended 30 June 2025, which are set out on pages 5 to 12.

Respective responsibilities of Trustees and examiner

As the charity's trustees, you 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, you consider that the audit requirement of Regulation 10(1) (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 independent examiner's statement

My examination was 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 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 | do not express an audit opinion on the view given by the accounts.

Independent examiner's statement

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.

| understand that this has been done in order for the financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

In connection with my examination, no other matter except that referred to in the previous paragraph has come to my attention:

(a) which gives me reasonable cause to believe that in any material respect the requirements: (i) to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 8 of the 2006 Accounts Regulations; and (ii) | 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

• (b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.

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fain McFadden CA ,
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19 Rutland Square Edinburgh EH1 2BB

Dated: 24 March 2026

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SCOOSH

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JUNE 2025

		Unrestricted	Unrestricted
		funds	funds
		2025	2024
	Notes	£	£
Income from: Charitable activities	3	194,414	198,133
Expenditure on:
Charitable activities	4	193,821	191,144
Net income for the year/
Net movement in funds		593	6,989
Fund balances at 1 July 2024		133,332	126,343
Fundbalancesat30June2025		133,925	133;332

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

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SCOOSH

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BALANCE SHEET

AS AT 30 JUNE 2025

		2025		2024
	Notes	£	£	£	£
Fixed assets
Tangible assets	8		608		631
Current assets
Debtors	9	192		-
Cash at bank and in hand		134,473		134,049
		134,665		134,049
Creditors: amounts falling due within
one year	10	(1,348)		(1,348)
Net current assets			133,317		132,701
Total assets less current liabilities			133,925		133,332
Income funds
Unrestricted funds			133,925		133,332
			133,925		133,332

The financial statements were approved by the Trustees on 24 March 2026

Jenea Bin Trustee

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SCOOSH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

• 1 Accounting policies

Charity information

SCOOSH is an SCIO (Scottish Charitable Incorporated Organisation) registered with OSCR (Charity Number SC021435) and is governed by its constitution.

• 1.1. Accounting convention

The financial statements have been prepared in accordance with the trust's constitution, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and "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)". The trust is a Public Benefit Entity as defined by FRS 102.

The trust has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the trust. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

• 1.2. Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the trust has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the trust.

• 1.4 Income

Income is recognised when the trust is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the trust has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the trust has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

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SCOOSH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

1	Accounting policies (Continued)
1.5	Expenditure
	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.
	Charitable activity expenditure includes all expenditure directly incurred in furthering the objectives of the
	charity.
	Governance costs consists of the costs of financial services, accounts preparation, mandatory legal and professional fees, and any other expenditure incurred in compliance with legal requirements ofthe charity.
1.6	Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
	depreciation and any impairment losses.
	Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
	useful lives on the following bases:
	Website - 33.33% straight line
	Fixtures, fittings & equipment - 50% straight line
	Motor vehicles - 25% straight line
	The gain or loss arising on the disposal of an asset is determined as the difference between the sale
	proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.
1.7.	Impairment offixed assets
	At each reporting end date, the trust reviews the carrying amounts of its tangible assets to determine whether
	there is any indication that those assets have suffered an impairment loss. If any such indication exists, the
	recoverable amount of the asset is estimated in order to determine the extent ofthe impairment loss (if any).
1.8	Cash and cash equivalents
	Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid
	investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
	withinborrowingsincurrentliabilities.

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1.9	Financial instruments
	The trust 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 trust's balance sheet when the trust 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
	netbasisortorealisetheassetandsettletheliabilitysimultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction 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.

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SCOOSH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

1 Accounting policies

(Continued)

Basic financial liabilities Basic financial liabilities, including creditors and bank loans 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.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the trust’s contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received

Termination benefits are recognised immediately as an expense when the trust is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2 Critical accounting estimates and judgements

In the application of the trust's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

• 3 Charitable activities

			2025	2024
			£	£
Fees	and	registrations	194,414	198,133

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SCOOSH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

4 Charitable activities

						Operation ofOperation	Operation of
						out of	out of
						school	school
						hours club	hours club
						2025	2024
						£	£
	Staff costs					174,016	172,069
	Depreciation and impairment					1,239	1,144
	Activity expenses					4,120	3,822
	Minibus expenses					1,768	1,832
	Insurance					473	489
	Staff costs					1,024	1,645
	Training					-	420
	Telephone and internet					3,546	3,367
	Subscriptions					210	180
	Printing and stationery					39	83
	Pension costs					31311	3,102
	Agency staff					1213	-
	Repairs and maintenance					841	1,079
						191,620	189,232
	Share of governance costs (see note 5)					2,201	1,912
						193,821	191,144
5	Support costs
		Support	Governance	2025Support costs		Governance	2024
		costs	costs			costs
		£	£	£	£	£	£
	Accountancy	-	1,632	1,632	-	1,404	1,404
	Legal and professional	-	569	569	-	508	508
		-	2,201	2,201	-	1,912	1,912
	Analysed between
	Charitableactivities	-	2,201	2,201	-	1,912	1,912

6 Trustees

None of the Trustees received any remuneration during the year.

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SCOOSH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

7 Employees

Number of employees

The average monthly number of employees during the year was:

	2025	2024
	Number	Number
Childcare practitioners	9	9
Managers	1	1
	10	10
Employment costs	2025	2024
	£	£
Wagesandsalaries	174,016	172,069

There were no employees whose annual remuneration was £60,000 or more.

8 Tangible fixed assets

Tangible fixed assets
	Website	Fixtures, Motorvehicles fittings &		Total
		equipment
	£	£	£	£
Cost
At 1 July 2024	1,418	70,674	28,598	100,690
Additions	-	1,216	-	1,216
At 30 June 2025	1,418	71,890	28,598	101,906
Depreciation and impairment
At 1 July 2024	1,418	70,043	28,598	100,059
Depreciation charged in the year	-	1,239	-	1,239
At 30 June 2025	1,418	71,282	28,598	101,298
Carrying amount
At 30 June 2025	-	608	-	608
At 30 June 2024	-	631	-	631
Debtors
			2025	2024
Amounts falling due within one year:			£	£
Prepaymentsandaccruedincome			192	-

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SCOOSH

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025

10 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
	2025	2024
	£	£
Other creditors	995	995
Accruals and deferred income	353	353
	1,348	1,348

11. Related party transactions

There were no disclosable related party transactions during the year (2024 - none).

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