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← Riverside Out Of School Care

2024-09-30-accounts

Docusign Envelope ID: A8DF80A8-77B7-4F8C-B059-FC969EC74E86

Charity registration number SC024987 (Scotland)

RIVERSIDE OUT OF SCHOOL CARE SCIO ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

Docusign Envelope ID: A8DF80A8-77B7-4F8C-B059-FC969EC74E86

RIVERSIDE OUT OF SCHOOL CARE SCIO

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

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(Appointed 11 June 2024) (Appointed 11 June 2024) (Appointed 11 June 2024) (Appointed 11 June 2024)

Charity number (Scotland) SC024987

Principal address c/o Riverside Primary School Forrest Road Stirling FK8 1UJ

Independent examiner

AAB Business & Tax Advisory LLP Macfarlane Gray House Castlecraig Business Park Springbank Road Stirling FK7 7WT

Solicitors

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Docusign Envelope ID: A8DF80A8-77B7-4F8C-B059-FC969EC74E86

RIVERSIDE OUT OF SCHOOL CARE SCIO

CONTENTS

Page
Trustees' report 1 - 5
Independent examiner's report 6
Statement of financial activities 7
Balance sheet 8
Notes to the financial statements 9 - 18

Docusign Envelope ID: A8DF80A8-77B7-4F8C-B059-FC969EC74E86

RIVERSIDE OUT OF SCHOOL CARE SCIO

TRUSTEES' REPORT

FOR THE YEAR ENDED 30 SEPTEMBER 2024

The trustees present their annual report and financial statements for the year ended 30 September 2024.

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 charity'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

Purposes

The organisation's purposes are:

Objectives and aims

Our objectives are to provide a fully integrated out of school care service offering high quality and reliable childcare which meets the needs of local people. We offer a wide range of stimulating, creative and imaginative opportunities for Primary aged children on a breakfast club, after school and holiday club basis. We plan to provide a service and environment, within our resources and health and safety considerations, which will also allow children with additional support needs full access to those play opportunities making reasonable adjustments where necessary and complying with the Equality Act 2010.

RIVERSIDE OUT OF SCHOOL CARE SCIO TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Achievements and wlorniance A5 an organi5alion, we have overall had a very F￿￿]Ve year arKI we are F4ea5ed to be able to share with you number of'hNJh' points from the past year. ROSC Childr8n Numb8rs We curranuy have 102 tami timo usors and 52 r8gist•r8d for our holiday dub. We arè op8ratin9 at nearty full capacty wth our brèakfast placès and most aftarsctr￿I sasskins. W• ar• 0￿ratIng a w•rting list for ￿a¢$$ for some sessh)n$, •sp¢u•lty a Tuosday aft•rs¢hcd. Re . W8 r8cenlly sahl goodbye to n with us for a yoar in a Practhnerfs role. We also was a sessional worker. Wo itially as a sèssional work8r thon as a Practr(ioriar. work•d in Kid￿lorId and Nw Stswan Schod so has 8Xp￿8n¢• with sch¢)ol ag8d thildron and childron with addits'onal support nèèds. Karri* and H¢41y hav• started as s•$$b)nal st4ff. Wo ¢¢rtbnu¢ to s¢$ a hKJh•r lumover of s￿51¢A•1 stsff. a tr¢nd w• h•v• so¢n ovw th• p•$t fow y$ws. W• are al80 continuing to struggle to recrui¢ qualffigd 5tsff ￿ a practitiongr rd• %thith tho Scottish Gov•mmgnl 1$ beginning lo rocognise and consider sdutK?ns for. We offer our staff learning environThnt and aPp￿tun￿.8S to wskill and leam to CO￿ wth challenging situatiL￿8. Most ¢hildr•n onjoy coming lo ROSC. We f•ulit•t• a bt of Creat￿ pl•y with the resources and spa¢¢ that we have. This yoar w• hav• s•ction•d off a small area of the playroom for the P6s and P79 lo uso to allow them a little bit moro privacy and IrKle￿nd0nc0. Tho Childr￿ conts"nu8 to onjoy th8 gym hall and outsido and ￿ hav8 introduced moro planned games for thoir physical ￿ay. W• have introduced a planning shoot. so children know what is plannod •ach day. Childran enjoy the holiday clubs wrth our emphasis on ￿tdOOr play and •xploring the local •nvironm8nt. W• try to m•8t thèir individual n88ds and ￿ anioy watching th• childr•n discovèr th•ms&lv8s, grow in confid8nc •nd matuw. We $¢0 th¢ progr¢ssi¢X from P1 rwjht up to P7 for tho ¢hildren who $t•y with us for a long limo. ROSC ha$ a good tran$ition proce$$ for up and coming Pls and any $tsrts and for P7$ when thoy l•avo. Some children find il harder to leave than othof5 arKI are alwayJ wdcome to ccffie back for a VIS￿ We provKlo plac95 for childron with additional support n••d5 arKI swort th•m to b￿orn• r￿r• lndop•nd￿I and mako good relationships with thoir peers. Parents ar8 also happy our sarvice and givo us good foadback th1o￿h swvoys. email and on a day-to4lay basis. This year we ran y￿ $u¢cossful October. February. Wil and Summèr holKlay dub$. worn v•ry wèll attendod by childron ftom RivorsHJo and surrcunding primary sch(￿3. W8 roc8iv8d lots of posrtive feedback abrArt our dubs and our planned activitios. The chiklren onjoyed the sports chall8ngos, Wimblodon day and th8 FIFA toumamont. Wo made the most of th8 local aroa and parks. Wo also Walcom￿ guests from tho Blair DrummoThY Outreach Team, The Wildlrfe Crimo off￿ar, Top Dogs thorapy dogs and Daisy First ￿d. Wè visited Stirfing ca$￿ arthj wènt on a trip to Dunbjanè on the train for a pl￿1C, play and a paddla. of Candour We have nothing lo report for our Duty of CarKlour a5 required by the Care Inspectorate. In Summary, the past year has boen a very ￿￿¥@ year following tho drfficulli8s wo facod post covid. Many thanks to Hoathar and all the toam at ROSC for all thgir gfforts making thg above happgn.

Docusign Envelope ID: A8DF80A8-77B7-4F8C-B059-FC969EC74E86

RIVERSIDE OUT OF SCHOOL CARE SCIO

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

Financial review

The income for the year of £155,957 (2023: £147,602) has increased from last year and expenditure of £163,027 (2023: £140,075) has increased. Our expenditure exceeded our income this year resulting in a deficit of £7,070 (2023: Surplus of £7,527).

We continued with our fundraising programme. We raised money at the school’s Christmas and Summer fayres, through raffles, guess how many Haribos and biscuits in the jars.

We have been fortunate to receive a grant again from The Stirling and Bridge of Allan Round Table of £350.

Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concern basis in preparing the financial statements. Further details are given in the accounting policy 1.2.

Reserves policy

The general reserves at the year end are £42,456 (2023: £43,989). Our target reserves are £40,000. This was dented considerable during Covid, and we are working hard to reinstate this amount. This is based on having 6 months expenditure as recommended by Stirling Voluntary Enterprise.

Risk management

The charity maintains a risk register which is reviewed annually by the trustees. The trustees have assessed the major risks to which the Charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Plans for future periods

We have been able to increase our numbers nearly back to forty children per term time after school session and for most breakfast sessions. We plan to introduce personal planning and planning in the moment to continue to meet the children’s needs and still provide a fun and stimulating environment. We have been able to resource samples of personal planning and policies from the Scottish Out of School Care Network which will make this easier. We have budgeted for a Financial and Administration Assistant which should help us modernise and digitalise our systems and enable us to be more efficient with our accounting practices.

Structure, governance and management

Governing document

The charity is controlled by its governing document, its constitution, since becoming a Scottish Charitable Incorporated Organisation (SCIO) in April 2015.

Trustees

At our AGM on 11th June 2024 Secretary.

The trustees who served during the year and up to the date of signature of the financial statements were: (Resigned 24 March 2025) (Resigned 22 January 2025)

(Resigned 11 June 2024) (Appointed 11 June 2024) (Appointed 11 June 2024) (Appointed 11 June 2024) (Appointed 11 June 2024)

Docusign Envelope ID: A8DF80A8-77B7-4F8C-B059-FC969EC74E86

RIVERSIDE OUT OF SCHOOL CARE SCIO

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

Recruitment and appointment of new trustees

Under the terms of the Constitution of the organisation, the trustees are members of the management committee which can also include elected members from the service users as well as specially co-opted members. The Trustees are elected or re-elected at the Annual General Meeting. The Trustees are drawn from the members of ROSC (parents/carers).

Obligations of the Committee

Committee members are obliged to implement and uphold all policies, and make these available to service users. Issues and policy changes are discussed at committee meetings and decisions made at such meetings by the trustees are democratic. Minutes of the management committee are made available to all members on request and through the manager. All members have voting rights at the AGM.

A Staff handbook and Parents' handbook are available setting out the main conditions and procedures. Full details of all policies and procedures are available on request and these are updated regularly in accordance with requirements of the Care Inspectorate, the regulatory body which regulates this out of school care service, and to reflect current guidance. Employees' details are retained in a confidential area of the office.

We have nothing to report under the duty of candour.

Induction and training of new trustees

The constitution and policies in place governing the operation of Riverside Out of School Care (ROSC) are available for all users of the service, who are automatically members of the organisation. When a member becomes part of the management committee, the member is reminded of the responsibilities of a trustee and the relevant policies.

Statement of trustees' responsibilities

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in Scotland requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Docusign Envelope ID: A8DF80A8-77B7-4F8C-B059-FC969EC74E86

RIVERSIDE OUT OF SCHOOL CARE SCIO

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

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

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Docusign Envelope ID: A8DF80A8-77B7-4F8C-B059-FC969EC74E86

RIVERSIDE OUT OF SCHOOL CARE SCIO

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF RIVERSIDE OUT OF SCHOOL CARE SCIO

I report on the financial statements of the charity for the year ended 30 September 2024, which are set out on pages 7 to 18.

Respective responsibilities of trustees and examiner

The Charity’s Trustees are responsible for the preparation of the financial statements in accordance with the terms of the Charities and Trustee Investments (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's Trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the financial statements 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 is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, 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 financial statements.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

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Macfarlane Gray House Castlecraig Business Park Springbank Road Stirling FK7 7WT United Kingdom

Dated: 18 June 2025

Docusign Envelope ID: A8DF80A8-77B7-4F8C-B059-FC969EC74E86

RIVERSIDE OUT OF SCHOOL CARE SCIO

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 30 SEPTEMBER 2024

Unrestricted
funds
2024
Notes
£
Restricted
funds
2024
£
Income from:
Donations and legacies
2
110
350
Charitable activities
3
155,370
-
Investments
4
127
-
Total income
155,607
350
Expenditure on:
Charitable activities
5
161,875
1,152
Total expenditure
161,875
1,152
Net income/(expenditure)
(6,268)
(802)
Transfers between
funds
-
-
Net movement in
funds
7
(6,268)
(802)
Reconciliation of funds:
Fund balances at 1 October
2023
85,895
1,495
Fund balances at 30
September 2024
79,627
693		 Total
2024
£
Unrestricted
funds
2023
£
Restricted
funds
2023
£
460
-
2,500
155,370
145,042
-
127
60
-
155,957
145,102
2,500
163,027
137,439
2,636
163,027
137,439
2,636
(7,070)
7,663
(136)
-
3
(3)
(7,070)
7,666
(139)
87,390
78,229
1,634
80,320
85,895
1,495		 Total
2023
£
2,500
145,042
60
147,602
140,075
140,075
7,527
-
7,527
79,863
87,390

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

RIVERSIDE OUT OF SCHOOL CARE SCIO BALANCE SHEEr ASA T30 SEPTEMBER 2024 2024 2023 Flxed assets Tangible assets 11 38.185 43,182 Current asset$ Debtors Cash at bank and in h￿d 12 19 55.306 55,374 Creditors: amounts falllng due wlthln one year 13 {11.3481 111.1661 N•t curr¢nt assots 42,135 44,208 Total assets less current 1lablllt￿8 80.320 87,390 Income funds R8strict8d ￿ndS Unr8slrict8d funds De5ignalgd fvnds Gmoral unrestricted fur•J$ 16 1,495 37,171 42,456 41,906 43,989 13 79.627 85,895 80.320 87,390 n*nts w•re •pproved by Trust•￿ on 18 June 2025

Docusign Envelope ID: A8DF80A8-77B7-4F8C-B059-FC969EC74E86

RIVERSIDE OUT OF SCHOOL CARE SCIO

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

1 Accounting policies

Charity information

Riverside Out of School Care SCIO is a Scottish Charitable incorporated organisation.

1.1 Accounting convention

The financial statements have been prepared in accordance with the Charity'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)” (second edition - October 2019) (effective as of 1 January 2019). The Charity is a Public Benefit Entity as defined by FRS 102.

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

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have reviewed the future funding and activities of the charity The charity has a reasonable expectation that the charity 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.

Designated funds comprise funds which have been set aside at the discretion of the trustees for specific purposes. The purposes and uses of the designated funds are set out in the notes to the financial statements.

Restricted funds are subject to specific conditions by donors or grantors 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.

1.4 Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Donations and similar income

Donations and similar income are included in the year in which they are receivable, which is when the charity becomes entitled to the resource and receipt is probable.

Income from charitable activities

Grants receivable and fees are credited to the Statement of Financial Activities in the year in which they are receivable.

Investment income, rental income and similar income

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

Docusign Envelope ID: A8DF80A8-77B7-4F8C-B059-FC969EC74E86

RIVERSIDE OUT OF SCHOOL CARE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

1 Accounting policies

(Continued)

1.5 Expenditure

All expenditure is included on an accruals basis and is recognised when there is a legal or constructive obligation to pay for expenditure. All costs have been directly attributed to one of the functional categories of resources expended in the Statement of Financial Activities, the charity is not registered for VAT and accordingly expenditure is shown gross.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Support costs are those costs incurred directly in support of expenditure on the objects of the Charity. Governance costs are those incurred in connection with administration of the Charity and compliance with constitutional and statutory requirements.

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:

Long Leasehold 23 years straight line Fixtures & fittings 25% on reducing balance Computer equipment 25% on cost

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 the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the charity 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 of the 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 within borrowings in current liabilities.

1.9 Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

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 charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Docusign Envelope ID: A8DF80A8-77B7-4F8C-B059-FC969EC74E86

RIVERSIDE OUT OF SCHOOL CARE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

1 Accounting policies

(Continued)

1.11 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Income from donations and legacies

Unrestricted
funds
Restricted
funds
2024
2024
£
£
Donations and gifts
110
-
Grants
-
350
110
350
Grants
Stirling Council
-
-
Stirling & Bridge of Allan
Round Table
-
350
-
350
Charitable activities
Fees
Childcare Vouchers
Fundraising
Analysis by fund
Unrestricted funds		 Total Unrestricted
funds
Restricted
funds
2024
2023
2023
£
£
£
110
-
-
350
-
2,500
460
-
2,500
-
-
2,000
350
-
500
350
-
2,500
2024
£
69,269
85,381
720
155,370
155,370		 Total
2023
£
-
2,500
2,500
2,000
500
2,500
2023
£
79,125
65,136
781
145,042
145,042

3 Charitable activities

4 Investments

Unrestricted Unrestricted
funds funds
2024 2023
£ £
Interest receivable 127 60

Docusign Envelope ID: A8DF80A8-77B7-4F8C-B059-FC969EC74E86

RIVERSIDE OUT OF SCHOOL CARE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

5 Charitable activities

Staff costs
Consumables
Trips & transport
Depreciation
Share of support costs (see note 6)
Share of governance costs (see note 6)
Analysis by fund
Unrestricted funds
Restricted funds
6
Support costs allocated to activities
Insurance
Telecommunications
Post & stationery
Sundry
Staff expenses
Leasehold depreciation
Bank charges
Bad debts
Goverance costs
Analysed between:
Support costs
Goverance costs		 2024
£
141,951
8,358
72
622
151,003
8,250
3,774
163,027
161,875
1,152
163,027
2024
£
699
1,325
320
550
804
4,375
144
33
3,774
12,024
8,250
3,774
12,024		 2023
£
121,112
6,419
-
628
128,159
7,669
4,247
140,075
137,439
2,636
140,075
2023
£
653
1,161
739
98
503
4,375
140
-
4,247
11,916
7,669
4,247
11,916

Docusign Envelope ID: A8DF80A8-77B7-4F8C-B059-FC969EC74E86

RIVERSIDE OUT OF SCHOOL CARE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

6
Support costs allocated to activities
Governance costs comprise:
Accountancy
Penalties and fees
7
Net movement in funds
The net movement in funds is stated after charging/(crediting):
Depreciation of owned tangible fixed assets		 (Continued)
2024
2023
£
£
3,774
4,047
-
200
3,774
4,247
2024
2023
£
£
4,998
5,003

8 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

9 Employees

The average monthly number of employees during the year was:

Employment costs
Wages and salaries
Social security costs
Other pension costs		 2024
Number
11
2024
£
137,600
2,149
2,202
141,951		 2023
Number
11
2023
£
118,061
1,318
1,733
121,112

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

10 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

Docusign Envelope ID: A8DF80A8-77B7-4F8C-B059-FC969EC74E86

RIVERSIDE OUT OF SCHOOL CARE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

11
Tangible fixed assets
Long
Fixtures &
Leasehold
fittings
£
£
Cost
At 1 October 2023
100,606
349
At 30 September 2024
100,606
349
Depreciation and impairment
At 1 October 2023
58,700
286
Depreciation charged in the year
4,375
16
At 30 September 2024
63,075
302
Carrying amount
At 30 September 2024
37,531
47
At 30 September 2023
41,906
63
12
Debtors
Amounts falling due within one year:
Trade debtors
13
Creditors: amounts falling due within one year
Notes
Deferred income
14
Accruals
14
Deferred income
Other deferred income
Deferred income is included in the financial statements as follows:
Deferred income is included within:
Current liabilities
Movements in the year:		 Computer
equipment
£
3,169
3,169
1,955
607
2,562
607
1,213
2024
£
19
2024
£
8,932
2,416
11,348
2024
£
8,932
2024
£
8,932		 Total
£
104,124
104,124
60,941
4,998
65,939
38,185
43,182
2023
£
68
2023
£
8,304
2,862
11,166
2023
£
8,304
2023
£
8,304

Docusign Envelope ID: A8DF80A8-77B7-4F8C-B059-FC969EC74E86

RIVERSIDE OUT OF SCHOOL CARE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

14 Deferred income

Deferred income (Continued)
Deferred income at 1 October 2023 8,304 8,713
Released from previous periods (1,772) (2,960)
Resources deferred in the year 2,400 2,551
Deferred income at 30 September 2024 8,932 8,304

Deferred income relates to refundable deposits and fees received in advance for services to be provided during 2023-24.

15 Retirement benefit schemes
2024 2023
Defined contribution schemes £ £
Charge to profit or loss in respect of defined contribution schemes 2,202 1,733

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

16 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 October Incoming Resources Transfers At 30
2023 resources expended September
2024
£ £ £ £ £
Adapt and Thrive 1,319 - (1,152) - 167
The Stirling and Bridge of Allan
Round Table 350 - - 350
Stirling Council Summer
Holidays Food & Childcare 176 - - - 176
1,495 350 (1,152) - 693

Docusign Envelope ID: A8DF80A8-77B7-4F8C-B059-FC969EC74E86

RIVERSIDE OUT OF SCHOOL CARE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

16 Restricted funds (Continued)
Previous year: At 1 October Incoming Resources Transfers At 30
2022 resources expended September
2023
£ £ £ £ £
Adapt and Thrive 1,319 - - - 1,319
The Stirling and Bridge of Allan
Round Table 313 500 (812) (1) -
Stirling Council Summer
Holidays Food & Childcare - 2,000 (1,824) - 176
Community Grants 2 - - (2) -
1,634 2,500 2,636 (3) 1,495

Nature and purpose of funds

Adapt and Thrive

This funding was awarded to help this organisation to adapt to the challenges presented by COVID-19 and build back better to thrive in the future.

The Stirling and Bridge of Allan Round table grant

The purpose of the funding was to help with the purchase of resources for the quiet area.

Summer Holidays Food & Childcare

This fund includes a grants from Stirling Council to provide free Summer Club places to families who may not be able to access their services.

Docusign Envelope ID: A8DF80A8-77B7-4F8C-B059-FC969EC74E86

RIVERSIDE OUT OF SCHOOL CARE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

17 Unrestricted funds

Balance at
1 October 2022
General
31,498		 Movement in funds
Incoming
Resources
Transfers
Gains and
Balance at
resources
expended
losses1 October 2023
145,102
(133,064)
3
43,989		 Movement in funds
Incoming
Resources
Transfers
Gains and
Balance at
resources
expended
losses 30 September
2024
155,607
(157,140)
-
-
42,456

Docusign Envelope ID: A8DF80A8-77B7-4F8C-B059-FC969EC74E86

RIVERSIDE OUT OF SCHOOL CARE SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024

18 Designated funds

Movement in funds Movement in funds
Balance at Resources Balance at Incoming Resources Balance at
1 October 2022 expended1 October 2023 resources expended 30 September
2024
£ £ £ £ £ £
Property 46,281 (4,375) 41,906 - (4,375) 37,171

Property fund

This fund represents the net book value of the long leasehold asset, which is being released to the income and expenditure account over 23 years.

19 Analysis of net assets between funds

Unrestricted
Restricted
funds
funds
2024
2024
£
£
At 30 September 2024:
Tangible assets
38,185
-
Current assets/(liabilities)
41,442
693
79,627
693
Unrestricted
Restricted
funds
funds
2023
2023
£
£
At 30 September 2023:
Tangible assets
43,182
-
Current assets/(liabilities)
42,713
1,495
85,895
1,495		 Total
2024
£
38,185
42,135
80,320
Total
2023
£
43,182
44,208
87,390

20 Related party transactions

There were no disclosable related party transactions during the year (2023 - none).