REGISTERED CHARrrY NUMBER: SC024081 Report of Ike Trustets and Uttauditeil Fi4anci81 StstetheDts for Ib¢ Year Ended 30 June 2024 for AAI.C SCIO Macle(Ml Fulton Scottcourt House West Princes Streei Helburgh Argyll & Bute G84 8BP macleod fulton chartered accountants & business advisers
BAS.I.C SCIO Contents of the FinaBriai Statements for the Year Ended 30 June 2024 R¢port of tke Trttrfee5 I to 5 Independent Examiner's Rert Stalement vf Financial Artiviiks Balance Sheet Not&8 to the FIDaneial Ststements 9 to 14 l)etaSltd Ststement of lan¢r17 Adivilies 15
BAS.I.C SCIO Report of the Trnst¢es lor th¢ Year Ended 3D Juue 2024 The true5 Fyesent their report with the fmanciaI stalen of the ¢lrIty for the year ended 30 June 2024. The inmees have adopted the provi510ns of Ac£ount1 attd R¢portiug by Ckniiies.. Statement of R¢¢omtn¢nded Prartice applicable to chaJities pryarll their pa0 iti &cordaoc¢ with the Finallcial Rep(wttrig Stsndard aFV]icable in the UK and Republic of Ireland (FRS 102) (effective l 2019). Objertivu actiwiti The followillg ar¢ the al of B.A.S.l.C. . To WOVAde a pl¢ where children are safr, healthy. ad]ieviti& adive, regpeitrd. and included th tbeir . To widen cbildren'A hori7DLs by providing fw illteresti atKI sttmulating play activities, which gives children opportunities to exFffess themselw developt]r own idw, explore theAr 0tonS, and seek soluti07JS. - To provide pents#TerS with the opwjrtunityto access respite: ewI0en( and fi]rther eihication. - Fncourag¢ chil(tren to develop positive attitudes towards th¢nwlves and other4 promoting se]f-estr¢nL . Eucowrage children th &xplore, aFryThith r¢yp¢a their environment and to d]allellg¢ the]x15¢1ves by taking ¢aIlated ri3ks during play. - l¥omot¢ and sw)pon cbildren inmakinghealthy ¢hoice5. We provide an Out of School service fff cbildren are TegistaEd for 8¢1booI up to the age of thirthJ4 this operates terni tIe (¢xcluding bank ho]idays1 we also provide a "Basically Brilliant Holiday Club" duritig th¢ srhool holidays except the Christt]w holiday when the Seryle cl(k8t& In additio we offer a full-ti¢ nursery, 48 weeks of the year to 8Tnaximum ofnventy children per day from age 2 (including e]igbE le twTry¢ar-olds) to notyet attending school. OPERATING TIMBS Out of S¢]1 scrvice 3Fqll-6pm Mondt0 Friday (tmttme) Nursery 8am-6pm Basi¢ally> Brilliant Holiday cluTr8Mffjprn. Children aTe picked up all fiv¢ local prItn sch]S. a sIk of toast and fivit is pmvided for the childrcn and once a month they pick their snack. The service is fully chi]d led vith ch11th directing their play 8rtd plamiillg their artiNrylies. Children also have the to p12y othdo(Yy daily either in the garden or at the loral parks or Lm) the Ixach. The children are visitors ty aliKa] nursing home. As our nursery 13 small. we are ablc 10 provide a nutti. h(lle frotn b¢)tne environ]nenL central location and acc¢ss to our mijukn also ¢nab]es to provide lots of opixiIbkn for outd(Mir leaTning Muthin the local con]mUDity fifflher afield. Page I
S.LC SCIO Report of the Tru8tsc8 for th¢ YearEnded 30 June 21124 Charitable adivities In line witb ow busiu¢85 pla8 and ongoing objective4 we are still towth fjnancial independence, whitst actively nwAgtll8 th¢ many risks we face. - Keep our Costs c(MnJ%titiY¢ $0 we could contrllue to offer affordable child&re whi]st StainIng our busiue - mainth1n current ocrupancy levels in the ChJt of School SeThice andthe nursery. - Continlle to deliver 1140 Earty Imnmg aEKI chIk hours forup to 20 thi]dren dalty in our NvJ5ery. - Contittue to offer aB&sicalIy Bri]liant Holiday cb. 12110ll023 £4200 Awll & Bute Grant 2024 16104ll024 £2,500 Argyll & Bute Grat225 . Througbout the year wt payments totalliog: £39,522 Argyll and Bute vaTiOUS Payents for a sum w £4,1j.j.0taI of donations a794 Scottisb Milk aad healthy 5n&k sthem¢ £993 MYbuS & Equipment fund . Continu¢d in¥estn]ent staff training and rn]Dgt0 achiev¢ a bighty qualified stsff teatn. . To develop Our¥bIpS with the . To continue to offerparenLlcar¢rs the oppornw to bEwrne part of the BA.S.l.C. ComDll]rrity andto supp)rt U5 FtNANCJAL REVIEW Jancial 1t100 or the y&qr to 30 Julle 2024 the totsl incoll for the year aIn(Y to £341,070 (2023 - £285.185) and totsl expendikn]re amourted to £306,532 (2023 - £295J18}. The totrl fun(b balance at the year end atnowltedto £63,187. of which £10.740 related to restrict¢d fimding. Principal llllldiog sourceg The main source of fimds is fr(Mn fee I¢. This income is wedominwrtty from fS paid by parents for ow Out of S¢hiy)l (ildcare scrvic&q and illcorne from the tA)ca] Authlty for delivery of 1140 hours of fiye Farty Learnll and Chi]d¢are to Childr aged 3-5. We received additiojl grattt fiding from All & Bute E%diti2 ha5 SUP[rt objectives by providiDg staff salarA<8. equ1p( healthy snack alld trav¢1 to aDd from the club in addition to some terrifie educational trips aud IvI¢s. Statem¢Jrt of Tnts, R0Tr1tie& The memtrrn of the conmiittee muqt prepare financia15tatements which give sllfficie detsil to enable apprEciation of the transactions of the club during the ye4r. The members of the comTllittee are responsible for ¢nsurillg that proper accounting reconts whi¢l4 on requcsl Inust refiect the finaDci81 position of the club at that tim¢. This must be done to ell5ure that tbe thw)cial Se[ents compty with the Charities and TnL* Inv¢stm¢nt (Scotland) Act 2005 ihe Charities Acconts {Scotland) Regulations 2(MJ6. They are also respousibl¢ for Safegll the ets of the club and l&k¢ reasonable steps for the preventiory aodlor dettio offiaud and other irreguknti¢5. STRUCT1, GOVERNATrTCX ATrID MANAGEMLTqT Governing doeuthent in our crtioJtlvll Febnjary 2016 when the organistttion became a ScoLtisb Charitable Inco4x)rdted Organisation (scIo). Page 2
BA&LC SCIO Report of Ibe Tnt¢efj for th¢ Yr Ended 30 Jwie 2024 STRucfuRE, GOVERNANCE AI%TP MknYAGEMEh Reernftmeut and appointwellt Dln¢w trStee8 Membersbip shall Ix open to; Ally individual aged 16 or over a child within the pr¢%nkn] age limits, regardle&s ofTrligion, race or gender. Any individual syho has been ]minal¢d for MeMbe]p by an ittcoJp)rated body which may ftuther the charitable aims ofthe organisatiOJL Appll¢4tlon for Charlty Trw5Ée¢s Any p¢r50n or body wholwhich wishes to be¢(llne a member sign a written app]ication for MeMbe]p (Rewstratioll Forn).. in the c88e of an applicatirn by au rneD, the application ]nust also be signed by an appropriate officer bearer of the Inco4¢d Erfmjy which is JMMli]8 hitDlh¢T for membership. At ¢xh AGb£ all of the char1tytrIeGS must r¢tire from office- Imtt njay then be re-elexted. B.A.S.I.C. and COTll House Nursffy is a Tegi#ered tsity wTrktDg in paTtiK* with Argyll gnd Bute Council. The charity is managed by a board of trurtees it also Iw a manag¢r and two lead ChilLkar¢ Prtilioners. one in the (Jjt of School SenTice and ODe in the Page 3
BA&LC SCIO RerI of the Trnteej for the Y¢ar Ende4130 June 2024 Organisational strurture The structure of the organisation coJJ5is of the clty TrLstees i¥ho ar¢ also tbe 1xlsatiOn,s onty membtts aud mprise the LYgaDisation'$ Board After the nomination and epCe of a trugtee tEw ar¢ given a Child Pmtection Policy al(mg with a self disclosure and voluthr 28re¢rnent and code of conduct. have the option of attenthg Committee collr facilitated by Argyll & Bute Council or any other relevatrt courses &% required. BA.SJ.C. f4nployees 2re play wolkm who work and with cbildren on a daity b&8iS. the play workers report to the (kputy maTMgtr and the n)a]4er. Th¢r¢ is also a tkveloRNDent Worker resrM)rn8ibl¢ for busiDe5s n)8nagement and finance. Th¢ govemiDg body for all the staff is the management of trustees. BA.S.I.C. regulated and Itl8 by the IDWtorale and se¢ks approved Providers stakn froln Ar]] & Bute . Still relia wjon Awll & But¢ - Inabi]ity to grow ¢ to building cotLtrdTnts. . Increaqed engagfflnentneeded from parents. . We aTe ewiencing a tluctuattng d£mand for(HJr sErvirn5 acro nursery alld out of school . High dependeney upon experience of Management TeanL (no s10n plans in place yet). . Financia] sustsitiab2]ity given reduce ant fimding and fluctuation in service danaDd . Tnereasing costs, lilted ability to gmw thje to size COn5ts. - Ongoinglfutur¢ ¢hangYs to chiIdcare regulation5 could inw4 abilityto deliver service. - Families using alternaiive chi]dcare amgematts to iTrider acce&s to flexIle wotuJ8. . Holiday chlb market ill the lo¢al area is satsllated (albeiL we offerthe low day to a0MmOdate W0]ng pts). Pa8¢4
BA.S.I.C Sao Report of tbe Truste•s forthe Year Ended 3(J JuDe 21n4 REFERENCE ADMINISTRATIVE DETAILS Regtsl¢red Charfty SCn24081 Principal address 13 Last Kino Street Helensbwgb G84 7(52 ¢0 on SGott¢ourt House West Prin¢es Sttret Hel5?rgh Ar8yII & But¢ G84 8BP AppTov¢d by Or ofthe trt)ard of on 26 March 2025 8od8igDed on its behalf by: . Tru5tec P4oe 5
IAdependellt ExaJh)in&s Rtp)rt lo the Tnutees 01
.sLc sao
Jlldependent ex#miner'3 rcport ts th¢ tryst¢es olBA.&LC SCIO
I wport to the ¢knity trustees rmy my a(amination of thc aEroutts of B.Ksic sao (the Tnt) for the year entsj
30 June 2024.
Rwowiblllti¢s ofreport
As the charily tsuSe8 of th¢ Tr[& you are Teswffl)k f(tr Ibe prepaIation of the acc(pJnts ill ad&ll¢¢ the
re4uiIements of tbe CTroriti¢s Art 2011 Cthe Act).
Iiep)rt iUT¢spert of nry examill8tion of the ThJsV5 accounts tled out under Settioll 145 of tbe Act and in can)ili Ollt
my examination I hLYe follow au applicable Diredion8 gien bv the Cbffj Commission wmkr S¢ition 145(5)(b) of
the ACL
llldepcJJd¢nt examill&s statemettt
Since your charity's grosg inc
BAALC SCIO Statement of FiDallcial Aetivittes ror the Year Ended 30 Jllne 2024 30.624 Total f]md$ Totsl fwids funds Notes INCOME AND Ep4WmETs FROM Dollati¢)ns and lewies 4,1(K) 49.015 53.115 39281 Charitable aetivitw Fe¢y 285.694 285,694 245.004 OLbertrading activities 2,052 210 2.052 210 846 55 Totsl 291056 49.015 341,071 285,186 KXPENDTfuRE ON Charitsble Activitjes 257.373 49.160 306.533 295.029 INCOMEI(EXPENDTfuRE) 34,683 (145) 34538 (9,843) RECONCILIATION OF FUNDS Totsl fi9 brought forFfdrd 17.764 10.885 28,649 38,4 52.447 10.740 63,187 28.649
RA.UC SCIO Ba]gn¢e She£t 30 June 2024 30.624 Total fullds 30.&23 fund5 fDnds lund$ Notr8 FLXED $SEl5 l angible &ssets &74 .747 D¢b(or5 Cash at bank ill hand 10.384 67.871 10.384 78,611 17,795 37,115 10.740 78255 10.740 88.W5 54.910 CREDITOHS An)ounts falling thi¢ withiti oneyear (26,682) (26,682) (28,008) NET CUlUi A&SETS 51,573 10,740 62,313 26,902 TOTAL ASSETS LFSS CURRETr LIABILTfiES 51447 10.740 63,187 28,649 ET A&SE't8 52.447 10.740 63.187 28,649 FUNiK8 Unrestticted fiwLds". Gelleral fithd MinThi & F4UiFAllalt FutKI io 51.454 17.764 51447 17,764 Children In Need 68Tdcn Pmj¢¢t N14S Grnil Coop ELC grallt Scottish Milk and hea]thy jack Scheme Argyll & Bllte Olltdoor AJByll & Bute Jndoor ,537 59 ,537 59 825 3,637 710 93 2.372 1,652 3.637 710 82 1372 1.518 10.740 10,885 TOTAL VUNDS 63.1 28.649 The finanelal qratements were approv1 by the Board of T]u8*es and wthised for i&8lle on 26 Marcb 2025 and siglled on its IL- bv.. TT51¢ The )tss fomi ofthe4e fil11 5tstements
BA.S.I.C SCIO
Not&s to the Thian¢i] Sthtements
for the Year Ended 30 June 21n4
ACCOIJNfiNG POLICILS
Basis of preparkng th¢ fmDeial steMats
The fiwicial statements of the djarity. which is a public Fnefjt ethity under FRS 102, have TrKen pre iu
afjwrdance with the chariti SORP (FRS l(r2) 'Accothiting a1 Reporting by a)ariti¢s.' Statem¢th of
Recomtllelld¢d Practice applicable to chaTities preparing their accounts ID accord¢¢ with tbe Financial
Reporting Statttsd applicable ITL the Ij and RE[li¢ of fr¢land (FRS 102) (effective l January 2019),,
Financial Reporting StÈnd8rd 102 Tr FiDancial Rep)rLiug Standard applÉcable in the UK and Republic of
Ireland, and the Charities Act 2011. Th¢ fjlwicial statelnellts have len PT¢P&Ted under the histOTical cost
Financial reporting sta•daTd I. redueed dts¢lfywre ¢x¢mpt
The charlty h&8 taka) advantage of the foll15wing disclosure exejnption in preptheSe financial statemen
pennitted by FRS 102 The Filwicial R¢wTling Statslard app]icablc iJ the UK and Republic of trelarnd,:
the r¢quirements of Section 7 Statem1 of C&8b Flows.
Jneome
A]1 inc4)me is recogThised in the Statement of Fitwicial Acfv%ryLw ce tbe charity has etititlement to the fimds, it
is probable that the income will be re1Ved and the aolt can rneaS reliabty.
Expenditsre
Liabilities are reco15ed as expenditiwe &8 8
B.k&l.C SCIO Notej to the Financial Ststememts- wntijjued for the Year Ended 30.Jwie 21)24 30.&24 Totsi 30.623 funds funds 2.052 2,052 INvEsfTrIENT INCOME 311.624 Tolgl full 30.623 UDr¢strirtal Restricted funds funds 210 210 55 TIe were no trustees, or other benefits for the yeor eJAtsJ 30 Sune 2024 nor for the year ended 30 June 2023. There We no Inthey. expeJJ5 paid f theyear ded 30 June 2024 Th)r fvthe year ended 30 Je 2023. STAFF COSTS The average monthty number of employees duringthe 83 follows: 30.&24 18 30.6.23 17 CharAtsbk activities No eJ4Jloy¢es received emohuDents in ce&l of £60.(MKI. Unre8trieted Rwtrictsd Total niLq INCOMF. AND Ef4DOWMEN13 FROM 595 38.686 39281 Charitable aetiYtt*• 245.004 245,004 Oth¢r trading activities 55 55 Total 246.51N) 38.686 285,186 EXPENDJTUIIE ON Chari¢able activiti Fees 254,307 40.7f2 295.029 LYET ThCOM(EXPENDrnJRE) (7.807) (2.036) {9,843) Pag¢ 10
csao Notes lo the Financial Stalem¢Mts- contthlltd for the YeaT Kllded 30 June 2024 COMPAR&TIVES FOR THE STATEMLYf OF FJf4ANCIAL ACTIVITJES. eonlinued Unrestricted Restricted Totsl fvllds RECO.NCILIATION OF FUNDS 25.571 12921 38,4Y2 17,764 10,885 28,649 TANGIBLE FIXED ASSETS ant and n)aehinery Motor vebicles Computer equipment Totsis COST At l Juty 2023 amd 30 Julle 2W24 3.422 3.495 2.352 9269 DEPRECIATION At l Juty 225 Charge for year 3,422 1.748 873 2,352 7.522 873 At 30 June 2024 3.422 2.621 2.352 8.395 ET B(K>KVALUE At 30 June 2D24 874 874 At 30 June 2023 1,747 1,747 YJ.6.24 Trade debtor8 Other d¢lAors Prepaymefjts 4,6JO 130 12,180 5,518 IOJ84 17,795 P2ge 11
B.A.S.l.C SCIO Notes to the FInicial Statements- wntinue41 for the Year Ended 30 June 21Y24 CREDITORS: AMOIIIYIS FALLtNG DUE wrrHtN ONE YEAR 30.6.24 30.623 Trad¢ Creditors Taxation 2nd s(11 seauity Other creditors 8256 2,158 16,268 11,541 1,905 14,562 26.6¥2 28,008 io. N¢t movememt At 1.723 30.624 Unrtstrictsd funds GeDeral fund 17,764 33.690 993 51,454 993 17.764 34,683 52,447 Re5trictcd ftynds Children tn Need GardcnProject 1.537 59 t25 3.637 710 93 2J72 1.652 1,537 59 825 3.637 710 82 1372 1,518 Coop ELC grant Scottish MJTI and bealthy sn4¢k 5chenie Argyll & Bute Outd¢y)T Argyu & Bute tn (li) (134) 10.885 {145) 10,740 TUIAL FUNDS 28,649 34,538 63,187 Net inovement in fullds. incluaed itithe abl are a8 foll0v. llleorning R£sourc¢5 Moi'ement Ttsouftts eWed unrtried fDnd General fid Miuibu3 & EqUIllent Fund 291.063 993 (257.373) 33,690 993 292,056 {257,373) 34.683 Restrleted fHDdy Argyll & Bute 2025 Argyll & Bute 2024 Argyll & Bute ASN Support Scottish Milk and1althY snack scFfftt Argyll & Bute Illdr 1500 4200 39,522 1793 (2,500) (4200) (39,522) (2,804) (134) (li) {134) 49.015 (49.160) {145} 341.071 (306.533) 34,538 Page 12
BA&i.C Sao Notr4 to the Finanefia] StatemeDts- eontinlled lor the Year Ended 30 June 2(r24 10. MOVErfft TN FUIYDS. ronlinued Comp•Tative8 fDr movement im I5 Net movement At 30.623 At 1.722 UnT¢stricted fllnds fjeneral folld 25.571 (7,8 17,764 Chilthen ]nNeed Argyll & Bute 2025 Garden Project 1.537 1537 (5.IM)O) 59 825 3.637 710 59 Coop ELC 3,637 710 Fund Scottlsh MiIk and bealthy st)aGk Argyll & Brrte Outd Argyll & Bute kndoor 638 515 (638) (422) 2J72 1,652 2,372 1,652 12.921 (2.036) 10.885 38.42 (9,843) 28,649 Compwative net fi]nd4 ill¢luded in tILe above folloBry: ltycoming Resourees Mov¢Jn¢nt in hnds Uprutricted 2465 (254,307) (7,807) Restrided fndS Argyll & Bute 2025 Argyll & Bute 2024 (10,000) (4200) (5,1M)O) 4200 Fund Argyll & Butc A8N Suppx)rt Scottish Mi]k and healthy wGk 5challe Argy]] & Bute Outd(XJT Ar8yll & Bute Indoor (638) (19276) (2,371) (2,085) {2,152) (638) 19276 1.949 4,457 3,804 (422) 2.372 1.652 (40,722) (2,036) TOTAL FUTrIDS 285,186 (295,Ir29) (9.843) Page 13
BA.&LC Sao Trlotss to the Fknau¢i41 Ststements- eo))IiMDed for theY¢ar Ended 30 Jllne 2024 ii. Trr¢ were no related pty IrausaclioLs for the year ended 30 June 2024 (2W23 . £Nll). Pagc 14
BA.1.c SCIO Detailed Ststement of Fillaneial Aetivih&s for the Year Ended 31) June 21n4 30.&24 30.&23 ])otyatloDS kgaeies Donaions 4,100 49,015 595 38.686 53,115 39281 Othpr trading activits¢5 FunthaisiDg events 2,052 846 Deposit account interest 210 55 Choiitable aetivithes 285.694 245,(XH Totsl Incoming re50urceJ 341,071 285,186 XPLNDfruRE Charltable 8¢thth Wag¢s Social 5¢cinity Pensions Equipment Snacks alldProvisiotL8 Travel ]nsurallce 215,595 5,042 22(Y2 3,773 4,099 9,938 4,4EA) 10231 1,170 28,321 4.889 301 4,721 2220 921 206276 4,011 2.116 5,914 3,951 10.303 4,318 11.662 906 29,109 3,660 215 4,472 2,587 631 Repars and renewAIA Ixg8J alld prof810al ftes Heat & light Cleaning Health & safety and discloNre Plant and machiDuy Motor vehicles Computer equipm&tt Bad debt 874 874 3576 302J33 291,129 Sllpport ¢05ts Accountsncy 4200 3.0 306.533 295.029 Net fneOll(eXPendjtllre) 34,538 (9,843) Page 15