Charlty Reglstration No. SC024692 GLEN URQUHART CHILDCARE CENTRE UNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR TO 31 AUGUST 2025 J COLEPAAN AND CO Accountants Heaton House 4 GordDn Street Naim 5V12 4DQ
GLEN URQUHART CHILDCARE CETrrnIE Ltyal and AdmlnistTative Irrforniatlon 31 August 2025 Trustees Mlchad Thwp Mike Cameron Barbard Girvan Helen GilpIe Ishbel Eunson-Greaves Trftany Jolrr Charity numbèr SC024692 Registered Offi Glen Urquhart Childcare Centre Drumnadrochit IV63 1XA Independent Examiner James Wallace J Cd8man and Co Healon H(yJse 4 Gordon Street Nairn IV12 4DQ
GLEN URQUHART CHILDCAJIE CEPRE CONTENTS FOR THE YEAR TO 31 AUGUST 21125 PAGE The Trustees, report Ind8pendenl examinevs feport ststement of flnancid aeIN1tS Balance sheet Notes to thè fin&neial statements 10
GLEM URQUHART CHILDCARE CENTRE TRUSTEES. REPORT 31 Aiigusl 2025 The trust8es prnt thair report 8nd accounts for the y•ar ended 31 August 2025. Thg accounts hay8 b8en prepared in acCInCe I1h the awjunts.ng PDllugs set out In rthe 110 Ihg accounts and comply W[ the Charities Acl 1993 8nd the stsl9rnt of R8wrnmerKled Ptactice, 'A¢unting and Reportsng by Chajlknes., issu8d In 2005. Structure, governance and mana98mont The charity 13 an Unincorporat assoGk4Uon. the pu and admlnlstration arn8ngements are set out In its constitution. The members of the truat8os who served duriry Ihè year were.. Mlchael Thorp Mike Carneron Barbara Girvan Helen Glllespie Ishbal EunsonGreaves ffany Join8r Tho overall m8n8gement and policy d8c151ons of the ¢*wtiy are Ihe reswjnslbllty ol the trustees who are ekcled und8r th• terns of the tharilies ¢onstÉtution. Ther¢ arE no fo81 indu¢tlon procedurgs fw n8W trustees. New tnjstees a adwsed 8nd guided by &xistlng trustee8. Tha trustees hove assessed the malor rlsks to which Ihe charity Is exrThed. $nd are satisfied that systems are in plac8 to mitigate gXFKJsure to the mahy risks. Obl8Ctives and activlilès The charitys objects are to advance Ihe education, leaming and dèvd(ynent of children durlng temi times 8nd durirrtJ holiday perk)ds. and to r81i8ve povety. Aehlevements and rfOrnlan Durfng the lh8 dArity continued to OP¢tate nursery and after s¢hcMJI la15 lor a number of children. These facilities are funded through lees and gr8nt5 supplement8d by fundrnising. In this perfod fundraising avents included rdg bags, summer raffl&.$ithsored wrnlk. tesco bags of help. valentine disco, xmas concert and bonfire night. Tho support of staff and parents is greaty apprted. Flnanclal r¢vl•w Dudng the period the charty made a Surplus of£12,79012024- defecit of£44.311). At the ygar end Ihe tharlty held unrestridtd funds of £206.108 (2024- £193,318}. and restricted fvnds of £1.39212024 . £1,392}
GLEN URQUHART CHILDCARE CENTRE TRUSTEES. REPORT (Continued) 31 Augu$t 2025 Under advisement it is the policy of the charity that unrestricted funds 1) have not been d8sJnatgd for 2 specific use shoukj mainlained at a kvel Squiv8nt to b61ween thre8 and six month'8 expenditure. The Iruslees consider that res8rves at trHs 18vèl will ènsur8 thaL in thè •v8nt of 8 SnifICant drop in funding. they will be able lo continu& the ¢hls ¢urrert a¢tNthos whib nSIderatIon Is glven to ways in which additi'onal funds may be raised. On of the board of Iru$tses Trustee
GLEN URQUHART CHLDCJIE CEKfRE INDEPENDEKf EXAIIINER7 REPORTTO THE BOARD OF TRUSTEES ON THE UNAUDrrED FINCLAL STATEMENTS OF GLEN URQUFL•IIT CHILDCARE CENTrE 31 2025 I report on the ac¢ounts of Ihe charity lor the yBar erbJ8d 31 Augus12025. whth are S out on pages 4 to S Th15 repert is rne to Ihe Chwptys Board ofTrust8e8. as a In aC{x)rda the terrrK8 01 ongÈgèment. Mywoth has been undertaken io enth to wepare the finawal stat&ment$ on beh8lfof the cha$ Board of Tw5t8e5 and for no obb8T purpose. To th8 fulknt •xtont p¢rmSited by law, I do not accept u assume resrx)n&bllity to an0 Lther than thB Charityand the Ch8rWs Board of Truste8s, as a body. for my work cf forthls Po[L Re8pactlve responslblMdè8 oltru$teos and examlnor The ch8rlWs trusl8es are responsible frKthe pfyparatw of the aGcounts in aCrdance with the tern of Ihe Charitie5 and Trustee Inve51m&nt Iscodandl Ad 21KI5 and Ihe Charlties AcLounts Iscotkgndl Regulallons 20. The ¢hariV5 trustees eonsJer thatthe audit requKement of LAation 10111 lal to l C of the Account& R8gthalons does not appty. my lo exarnin8 the accounis as r8quir1 und8r 88Ction 44111 I cl dthe Arl and to sta¢e wtther matters hBve corneto rny8ttenlb. Ba81$ of Ind¢p¢nd•nt •xamln•rt 5tat•mont My exarymnatlon 15 carr18d out in ac¢ordan(e RegUL 11 of Charibes Acwunt5 ISco118ndl RegutnS 2006. An examinat)n includes a revofU a¢ting rec5 k8Pt by the ch3rityHnd a Gomparison of Ihe aGGounls presented wrfh Ihose records. rt akn in¢Wes ¢onskler8tth of any unusual Items or dISure9 In the accounts. wd seeks explanations from the Injslees con(ming any such mattws. The procedur88 undetsk8n do not pde all the e¥jer that wwld be rquired In an audlt, and consequently I do not express afi Budll opth ofthe view gwen by Ihe acccunts. Indelent èxamlmes statément In Ihe CLwrse of my examination, rn matter has to myatlention whkh gfves me resOnaba cause to that in anyrrtherwl reQuirents. to keep 8owuntiry records bn accordance 1th tK)n 4411Kal ofts 2(X)5 AGI and Regulalon 4 of the 2006 A¢¢ounis RegLlalions. and to wepare a¢¢wnts whi¢th accffll wfth the accounbryJ reccids c•MY R8gulalK)n 8 of Ihe 2006 Accounts Regulations have not been met,. or to whlch, In my opknk)n. attent¥ sboukj be drawn tn orderto en8blo a rrfrpr understandlng of the accOnts to be r88thed. Signed.. Name". Jam&s W8lla¢ FCCA 00418401 ASSOCIATION OF CFL4RTERED CERTIFIED ACCOUKtANTS Date. ?ts Ifxr/iG Addre55.' J Coleman and Co Heat Hwse 4 Gordon Strgel Nalm IV12 4DQ
GLEN URQUHART CHILDCARE CENTRE STATEMENT OF FINANC ACTIVTllES 31 August 2025 Unrestrlcted Restricted Funds Fund5 Total 2025 Total 2024 In¢omlng resour5 from ntrated fvnd5 Voluntary Income Actlviti8s for g8nératmg funds Investment Income 29.634 7,795 317 37.746 29.634 7.795 317 37,746 45,162 2.112 480 47.754 Incomlng resoUe8 from charf¢abl• adlviues Total Incomlng Resources 303.272 303.272 226,518 341.018 274 272 Re50urcÈs Ex ended Cost of goneratrng funds Fundraising expenditure 6,630 6.630 687 Ch#rit•bh a¢tlvltl•s ChIldca servi¢gs Support costs 280.447 39.417 280.447 39.417 270,11S 45,802 Total charltablè èxpendltu 319,864 319,864 315,917 Governance costs 1.734 1,734 1,979 Total R850urc8s Expendod 328,228 328.228 318.583 Net movement In fund5 Fund balances 1 September 2024 Transfer betsveen fund$ Fund balan¢es 31 Augu$t 2025 12.790 193.318 12,790 194.710 144,3111 239,021 1,392 206.108 1,392 207,51)0 194,710
GLFN URQUHART CTraDCWIE CENTRE FOR TrEYEAR TO 31 AUGUST202S 2025 2024 Not• XEP ASSETS Tangible lssèts 2fj298 32,873 32,873 CURRENT A8SEf8 Debior8 162 Cash al 244,241 244.403 CREDrroRS: Amounts lallthg due WI on• y•4r Propald from Hlghl•nd CouTrdl 116&2 5,455 72510 84152 82.5e NET ¢URREpirAsgErs TOTAL ASSETS LESS cl1RREP LIP3LrnES 181202 161837 194,710 2075(KI FUNDS Restrfct?d fund Uni•strl¢ted funds SHAREHOLDERS FUNDS 10 1392 1,392 f93,318 206108 2075CM) Th8 accouTts approved bytr TNstees (ffi ....... ... .... . 2%.os.ZG Trustge
GLEN URQUHPIITCHILDcIE GEiifRE NOTES TO THE FINACIAL STATEMENTS FOR THE YER TO 31 •JIGUST 2025 1. A¢COUNTING POLICES 8aBls of preparatlon The accounts have been wepared under Ihts hk5torKal cost ConTrrtnon. The a¢(Junt8 hav8 been wepared In a¢rxxdan vh1h acrwnlThJ 8tarhJard8 aprlkabl¢ to 8msll8r enliti8s, Ihe Slal8m&nt of R8commend8d PraclKa ISORP)..Artn11ng and Reporbro by Charitses". issued in IAaich 2005, the Charit5 and Trustee InvestrrEnl Iswlandl Act 2005 and the CharfUe5 Accounts IS¢ollaMII Regubtx)ns 2006. Golng Con¢•m Gharity has 'eported a suryAus yeaTof £12,790 has Increased the reserves al 31 August 2025 to £207,500. In practi¢al terms th8 trustees ar8 8all8f thatwth theirbjnd raisng activities combir£ed granl assL8t8Thce and childcare fees lh 11 8lkM all Il¥'Ie$ to be tnet a5 Lhey fall due fty a perK)d of Ht knast 12 TwKnth5 trom the dale of tlw aGwunts. Ftrthis rea$7 ihe Trustees ¢on8ldei K 8pproprfate to preparn ts arwints on 8 Concern bas18. Incomlng resources AJI Incoming resources 9re Intruded In V)e SOFA when U)e Charfty Is legal entiw lo the Irwne the amrtt can be quÉnOfied wrth reasonabl8 accuracy. There were no donaied assets elld by the charfty. No anTrtS are InclL#l9tt in th8 rinaneial statements for s8r¥ic88 donated by vdunts8r¥. R•sourc•s •xpnd¢d All exndItU& is included on an a¢cruaL% basis and is rewnis8d is 8 al or fA)nStrvCv8 Ob1Jaan to payfw exd1JFe. Al tosts have been dir8ctyal1ribuI to one of thg functional Categ5 ol resourcgs ewued. T¥n9lbk ftxed as¥ets and depreclavon Tanglble flx8d assets other than fr88nokl L8nd are slat8d al cost 8S dapreciation. Depreci81ion 15 provlded at rates cakulaled to write off Ihe cost less esbmaled residual Val of each 85set over ts eXpted us8fv1 lrfe. k)Ibws.' Prowty Improvements Flxtsjres, rrttings and equipment 10% str8vJht Ine 20% 5travJhl Fund a¢countln9 General funds are unr8$trlctsd funds ¥e a¥a1b lorus8 at the dwedon of th8 trustees In furth8ranc& of the general oblectiY8801the charJty and whith have not been destgnated for ofvr purposes. Restrictad funds 8re funds which are to be Ld in accordance with restrKhon5 irnpose(I by dowry orwhkh have been raised bytht tharity for partiujlar purwjses. The ¢ostof ratsity and admitSleng suGh funds 4Te (arged against the specthc lund. The aim and usè of 8ach r8Stdcted fund 1$ sel out In th8 0018S to th8 finan¢hl $lalemonls.
GLEN URQUHART CHLDCARE CEprfRE NOTES TO THE FV4A¥CIAL STATEMEpns FOR THE YEIR TO 31 IGusT 2025 2 Volunt•ryln¢oM• UnreStrlc R•8trlct8d Total fvnds Funds Totsl 225 2024 Donatlonsand gtRs FundraBlng Grants reoiwdble for ¢oro 533 9295 28,980 38,808 797 9295 28.980 44.365 45,162 IrKJded in grants a tt l01hy¢ Unrestrict amints: Highland Cttundl ANS StaffirKJ É20,41212024-£21.7221 Solrbheas £1.0(M)12024- £16.9651 Mllk and h8althy snack grant £3,95812024- £1.6781 FOUOn grant £O12(r24_£2.5rM>} MFR Cash for Kid5 £1,5W I%)24- £1.5001 Scoknld Grant£49512024- £01 Grant Inwme £1,61512024. £01 3 tnvgstm•nt in¢¢m• 2024 Inl&rost recgivable 317 11 In¢omlng rn•ourees from L*atr1tabb a¢t5vltl88 2025 2024 Childcare fees Olh8r income 303,272 121 303,393 226.518 226.518 5 Totsl resources expended 2025 2024 Costs ol gvnoratlng fvnd8 Fundrai$lno expEndrture 6.630 687 Charltabl• attUvitl•¥ Ch11dcaro Services AGti¥ilies UTrdertak dirèct ort Costs Adivi1I8s undert&k?n dirort 282,845 282.845 270,115 36.387 36,387 325 807 45.802 315.917 282,845 6,575 Govèrna 81S 1.979 318,583 271.915 6,515 44.901 334.171
GLEN URQUHART CHILDCARE CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR TO 31 AUGUST 2025 con¢ 5 Other chlld¢are seNl¢es eXpendftu ¢$$ts otr. Small toys 8nd consumalAes £2.387 {2024- £2,825} Staff and childr8n8' uniform8 £3112024- £1,229) Bus trips 3nd taxis £O12024- £5291 Other SUPFQrt costs consist of.. Off1ce expenses £2.79012024- £1.7851 Repairs and rGn8wals £31912024- £3.0961 Gifts and donations £85712Q24- £1,070) Insuran¢e £2,26812024- £2,61 ni Professlon81 fegs and ¢tsurse$ £5,771 {2024 - £5,725) Leasing £1.488 (2024- £1,479) Motor and travel expenses £3£12024 - £801 Bank charges £10112024- £881 Subscriptions £2,036 {2024- £2.0721 Sundries £37412024 - £3441 Mllk food etc £9,53412024 - £10,296) Staff trainlng £925 {2043 - £1,9821 Bad debts wrftten off £O12024- £567) Cleaing costs £1,52512024 - £01 6 Employees Th$ a18ge monthly number of empkiyees during the ar was.. 2025 Number 2024 Number Chlld¢are 13 14 Employmènt costs 2025 2024 Wages and salaries Social security costs Penslon$ 262,771 12.616 7,458 262,845 247,785 14,324 9,803 271,912 There were no employee5 whose annuBI emoluments were £60.000 or More.
GLEN URQUHART CHILDCARE CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR TO 31 AUGUST 2025 7 Tanglblo fixed assets Property FIMtur•s. Improve Flttlngs & Equlpment Total COST At Addiuons At 01-Sep24 8.928 121.709 130,637 31.AugQ5 121.709 130,637 DEPRECIATION At 01-S*24 Charge for the year At 31.Aug45 NET BOOK VALUE At 31-Aug-25 At 01-Sop-24 8.928 88,836 6,575 95,411 97,764 6,575 104,339 8,928 26,298 32,873 26.298 32,873 8 Debtors 2025 2024 Trade debtor8 162 162 9 Credltors: amount falllng du• wlthln onè year 2025 2024 Pension 8nd p8ye Accruals Otrw creditors 7,726 1,477 1.560 2.032 5,069 2,032 11,642 10 Re$trt¢tsd funds The Sncomg fvnds of the charty includé Testricted fur5 Ctya[no thè fdknwlng &xpended bajances of grants held on trust lor specific purposes. Movernenl in fvnfl8 Balancè At Ints)mlng Resources 01-Sep24 $(J[re$ èxpended Balance al 31-Aug-25 Capit81 fund Spectfic donauons 1,392 1.392 1,392 1.392 The capital fvnd Tepi¢setrts the nel bo¥Jk values of assots purchased usiThJ Award5 forAII grant funding.
GLEN URQUHART CHILDCARE CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR ThE YEAR TO 31 AUGUST 2025 11 Analpls of net aaxet8 between funds Unr•strict•d R•strlctod Totsl funds fund$ Fund balanS at 31 August 2025 gre reprgsent8d ty. Tanglble fix assats Current assets Credltors arTh)unls lalllng due thIn one year PreId in¢omo tr1 HKJhlar¥J Cnl 26,298 263,962 11,642 72.510 206.108 26,298 265,354 11.642 72,510 207,500 1.392 1,392 12 Control Thè tharlty Is controllèd by the tte98. -1
GLEN URQUHART CHLDCARE CEPRE PAANAGEMENT INFORMATIOPI FOR THE YEAR TO 31 AUGUST 2025 Th• followlng pag•s do not forni part of th• StatOry financlal statèmènts.
GLEN URQUHART CHILDCARE CENTRE DEfAILED PROFrr AND LOSS ACCOUNT FOR THE YEAR TO 31 AUGUST 2025 2025 2024 INCOME Childcare fees Grants r6c8iv&d Fundraising Donations other income Interest r8celvad 303.272 226,518 28.980 44,365 7,795 2.112 533 797 121 317 480 341018 274 272 Expondlture Wages and SBlari8S Emplo8 p8nsitsns Small toys and consumab8 milk.food elc Dtrpredation Office expenses Fundralsing expen8e8 Repalrs and renewals Accountsn¢y Insurance Cleaning costs Staff and chirenS. unrfomis Slaff training Gifts and donations Motor and travel expenses Professional fees and ¢ourses Bus trips and taxis Subscriptions Leasing of photocopier Bank charg&s Bad debts written off Sundrlès 275,387 262,112 7.458 9.803 2.387 2,825 9.534 10,296 6.575 8,218 2,790 1,785 6.630 687 319 3,096 1.734 1,979 2,268 2,617 1.525 31 925 857 38 5,771 1,229 1,982 1,Q70 80 5,725 529 2,072 1.479 88 567 374 344 328,228 318,583 2.036 1.488 101 Surplus I Idefecitl for Ihe year 12790 44311 -12-