Rascals Out of School Care Charity Number SC024395 Unaudited Financial Statements For the year ended 31 March 2024 Rascals Out of School Care Charity Numbor SC024395 Trustses report for the year ended 31 March 2024 The trustees present their report with the financial statements of the charity for the period from 1 April 2023 to 31 March 2024. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number SC024395 Registèred address Nether Robertland Primary School Pokelly Place Stewarton Kilmamock KA3 SPF Trustses l Management Committoo Joanna De8ks-Nisbet Chair Susanne Murray Lois Burrows Vice-chair Treasurer Rachael Flanagan Louise Coupland lain Wilson Secr6tary Memb8r Resigned 22 February 2024 Member Appointed 4 May 2023 Robyn Wilson Member Appointed 4 May 2023, Resigned 22 February 2024 Appointed 22 February 2024 Hazel Sneddon Member Independent Examiner Alex Struthers-smith Rascals Out of School Care Charity Number SC024395 Trustses report for the year ended 31 March 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Rascals Out of School Care (Rascals) was incorporated as a Scottish Charitable Incorporated Organisation on 6 July 2012. It is a recognised Scottish Charity for the purposes of the Charities and Trustee Investment {Scotland) Act 2005 and the Charities Accounts {Scotlandl Regulations 2006. The Group is governed by its Constitution which may only be altered by the Members in a General Meeting. Recruitment and appointment of new trustees The Management Committee, which normally meets on a quarterly basis, are the charity's Trustees. Membership of the Management Committee is open to all parents and guardians of children using the service. Trustees are eleded at the Annual General Meeting. Under the constitution, there must be a minimum of Ihree and not more Ihan twelve elected Trustees. Management The trustees are responsible for the strategic direction and governance of the service. whilst day-to-day running is delegated to the Manager and Assistant Manager. who are paid m8mb6rs of staff. The Trustees are particularly aware of their responsibilities for Health and Safety, especially for the children. In addition to comprehensive insuranc8, all Staff and Tru5te8s have disclosures under the Protection of Vulnerable Groups (PVG) Scheme. OBJECTIVES AND ACTIVITIES The charity's principal objectives are to provrde out of school care for children between ages 3 and 16. Rascals offers breakfast and after-school sessions as well as holiday playschemes. Care includes the provision of stimulating educalional, indoor and outdoor activities for the children at the charity's premises. Rascals takes pride in providing a safe, lun and nurturing environment. Rascals Out of School Care Charity Numbor SC024396 Trustses report for the year ended 31 March 2024 ACHIEVEMENT AND PERFORMANCE Charitable activities 2022123 showed a significant improvement in uptake in the service following very difficult couple of years due to the Covid pandemic. 2023124 continued this trajectory and recovery, with our attendan￿ numbers continuing to increase. The trend towards redutsd time spent working from home meant that parents and carers required increasing levels of childcare, both before and after school, and during the school holidays. Rascals continued to reach out to local businesses to deliver activities in partnership durtng term-time and th8 holiday playschemes with a positive response lo the variety of activities on offer. During the period we provided out of school care for 108 families (2022123.. 94 families), with 67 or 620kn of these families using our holiday playscheme service. The Commttte6 would like to thank Ihe staff for théir hard work and commitment throughouttheyear. Hugethanks are also extended to our parents and guardians for their continued support. FINANCIAL REVIEW The organisation achieved a small increase in reseNes in 2023124, reporting a small Surplus of £142 in the period {2022123'. surplus of £10,259) There was an increase in fee income of £24,921 to £95,591 12022123.. £70.670) reflecting increased attendance levels and a modest price increase applied to fees in light of increasing staff costs. Income from our charitable activities increased beyond pre-pandemic levels. Expenditure in the period wa5 £97,34212022123'. £66.039). of which £79.098 or 810A was staff costs. RESERVES POLICY The trustee's policy is to 8ndeavour to strengthen reserves to allow Rascals to continue seNing the local community whilst withslanding the ongoing challenges of a difficult fundraising and economic climate. The Coronavirus ICOVID-19) pandemic has emphasised the need for an appropriate reserves level to be maintained. Our targeted level of reserves equates to approximately three months of Rascals operating costs. Our r8seTves position has improved slighlly in the period 2023124. ReseNes at the period end amounted to £13,902 (2022123 reserves were £13,760). The Trustees are committed to increasing reserves levels further over the course of the next 2-3 years. Rascals Out of School Care Charity Number SC024395 Trustses rèport for tho year ondod 31 March 2024 ACHIEVEMENT AND PERFORMANCE- CONT'D PLANS FOR FUTURE PERIODS Rascals no longer receives regular annual funding from East Ayrshire Council, which ended in 2021122. The Parent Funding Team, as part ofthe Parent Committee, endeavours to Sour￿ funding both loca15y and nationally, within an increasingly competitive funding environment. Successful funding applications in 2023124 included £1,500 from the Lottery community grant scheme. The servic8 will continue to build on established local partn8rships to attract more children to the holiday playschemes. Approved by the Trustees and signed on their behalf by.. -Th￿ /V aa- Joanna eeks-Nisbet Chairperson Date INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RASCALS OUT OF SCHOOL CARE I report on the accounts of the charity for the year ended 31 March 2024 which is set out c pages 5 10 7. RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The Charity's trLSStees are responsible for the preparation of the accounts in accordance wth the terms of the Charities and Tnjgtee Investment IScolland} 2005 Act and the Ch8rilie$ Accounts (Scotlandl Regul*ions 2006. The charity trustees consider that the audit requifemenl of Regulation 10111 lal to Ic) of the Accounts Regulations does not apply. It 1$ my responsibility to examine the accounts as required under section 44{11{c) of the Act and lo stale whether particular matters have come lo my attentson. BASIS OF INDEPENDENT EXAMINER'S STATEMENT My examination Is carried out in accordan￿ with Regulation 11 of the Charities Accounts (Scollandl 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 seeks explanations from the Tnjstees conceming any $u¢h matters. The procedures undertaken do not provide all the evidence that would be required in an audrt and. consequently, I do not express an audit opinton on the view given by the accounts. INDEPENDENT EXAMINER'S STATEMENT In the course of my examination, no matter has come to my attent￿)n. 1. which gives me reasonable cause lo believe that in any material respect the requirements.. to keep accounting records in accordance with section 44{1 Ila) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulatsons, and to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulatsons. have not been met, or 2. to whi¢h, in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. Alex Struthors-smith BA{Hons) CA CertBALM Dale.. 14102126 Rascals Out of School Care Charity Numbar SC024395 Statement of Receipts and Payments For the Yoar Ended 31 March 2024 2023124 Rèc•ipts Voluntsry re¢eipts Receipts frorn fundraising activities Grants- East Ayrshire Council Gran15- other £393 £623 £3,000 £2,005 £1.500 RK•lpts from othor ¢harltsbl• a¢tlvltle$ Fees £95,591 £70,670 £97,484 £76,298 Paymènts Paymgnts r•lattng dlre¢tly to eharltsble a¢tivit¥e$ Staff costs £79.098 £55,070 Daity running costs £9,915 £2,561 Playscheme costs £1,773 £90.786 £220 £57,851 Manag8m•nt & Admlnl•tratlon Premises costs Accountancy fees General adminislralion.. Staff training Mernberships & Subs Insurance Telephone Admin Dis¢losure Play equipment other £2,221 £1.345 £2,700 £1.509 £375 £21N) £582 £285 £655 £283 £176 £18 £897 £1,084 £324 £73 £90 £953 £975 £2,990 £3,980 T¢)tal payments £97,342 £66.039 IDeficAt) I SurplLts for pèriod £142 £10,259 From Previous Year Surplus Carried Fo￿ard £13,760 £13,902 £3.501 £13,760 Al fund$ are unreslrf¢tsd.' The Notes on page 8 fom) an integral part of these a¢¢ounts Rascals Out of School Care Charlty Number SC024395 Statement of Balances As at 31 March 2024 2024 2023 BANK AND CASH IN HAND Opening Balances.. Bank and cash on hand £13.760 £3,501 Surplus I (Deficit) for year £142 £10259 Closing balances £13 902 RESERVES: General Funds £13 902 £13760 Other Assets.. Play Equipment al estimated value £2 000 All funds are unre5tri¢ted The Notes on page 8 form an integral part of these accounts Approved by the Trustees and signed on their behaK by.. Lois Burro Treasurer Dale: Rascals Out of School Care Charity Number SC024395 Notes to the Unaudited Financial Statements For the Year Ended 31 March 2024 BASIS OF ACCOUNTING These account5 have been prepared on the Receipts & Payments basis in accordance with the Charities & Trustee Inveslrn8nl (Scolland) Act 2005 and the Charitie5 Accounts (Scotlandl Regulations 2006 las amended). TRUSTEES. REMUNERATION AND BENEFITS There were no trustees. remuneration. expenses or other beneffts for the year ended 31 March 2024 nor for the year ended 31 March 2023.