Scottish Charity Number . SC039424 Daisy Drop In Annual Report & Financial Statements for the year ended 31 March 2025
Daisy Drop In Contents for the year ended 31 March 2025 Page Trustees, Annual Report Independent Examiner's Report Statement of Receipts and Payments Statement of Balance5 Notes to the Accounts
Daisy Drop In Trustees, Annual Report for the year ended 31 March 2025 The trustees prosent their report and the unaudited financial statements of the charity for the year ended 31 March 2025. Reference & Administrative Infomiation Registered Charity Name Daisy Drop In Scottish Charity Number SC039424 Accountants Barrie Scott & Co. Accountants & Tax Advisers 30 Mid Street Bathgate West Lothian EH48 IPT Structure, Governance & Management The Charity is a SCIO (Scottish Charitable Incorporated Organisationl which was incarporated on 19 January 2015. The Charity Was previously an unincorporated agsociation and was granted charitable status by OSCR on 14 March 2008. It is governed by its ¢onstitution, Page I
Daisy Drop In Trustees. Annual Report Icontinuedl forthe year ended 31 March 2025 Appointment of Trustees The management committee, which meets regula¥ly, not le55 than 6 tlmes per calendar year, are the Charity's Trustees. Membership of the management committee is open to éll individuals over the age Df 18 who wish to further.he objectives of the Orsani5ation. Trustees and office bearers are elected at the Annual General Meetin8 arld therè must be a minimum ol three trustees. The trustees mav co-opt a further three trustees if they con%Fder it to be in the interest of the Charity. The Trustees are responsible for the strategic direction and governance of the Daisy Drop In. whilst day to day running is delegated to the Co-ordinator wlo is a paid member of staff. There are also volunteers who assist. The Trustees zre aware of their responsibilities for Health and Safety, especially for the children. Oblectlve5 and attlvltles The Daisy Drop In promoies Ihe advancetnent of educatlon and community development throu£h their recreational activities, with the object of improving ihe condltlons for the persons for whom the facilities and activities a.-e primarily intended. Attivitie5 Our activities include messy play, wijsic & rhythm, baby sensory, baby massage, weanin8 and summer activities. We ensure most of our activities can be replicatpd at home and promote interaction between parent/carer and child, helpi to build bonding and improve relationships. We also do activities based on seasor)s and special times Df the ¥ear i.e. Spring, Summer, Autumn. Winter, Easter, Christm85, Mother's Day. Faiher's Day etc. Our Playworker alos incorporates learning into the activities e.g numbers. colours and letters. Achievements& Performance During the year the Daisy Drop In continued to provide advi and information for parents and carers, running groups and events ond we saw a significant inreaSe in new families attending. The summer trips went well and the buses were full. We secured funding to upgrade the garden after the storms did a lot of damage and our families love the improved outdoor Space. Flnancial Revlew Our main source of funding continues to be From 8rant ir(ome from West Lothian Councll and we received £16,400 net of rer*t and serv ce charges in the year12024'. E20,5531. We received a grant of £20,000 from the Bank ol Scotland Ener8ise programme covering a 2 year period, being split equally over the years alon8 W1th 3 3 year grant from The National Lottery Community Fund, with £20,000 being allocated to year l. Reserve5 policy The trustees, policy is to maintain unrestricted reserve5 at around 6 mDnths of normal running costs in order to meet commitments and to cover any urkexpected expenditure. Reseives at the end of the period were £88,34212024.. £78,480) which is higher than the target range. Apprjved by rhe lrus-.eei on l i Ju'y 202¢ ard s"Fred on thei" ophalf bii.. Page 2
Daisy Drop In Independent examlner's report to the trustees I report on the accounts of the chartty for the year ended 31 March 2025, Respectlve re5ponslbllltles of trustees and examlner The charity's trustees are responsible for the preparation of the accounts in accordance with the term5 of the Charities and Trustee Investment Iscotlandl Act 2005 a nd ihe Charities Accounts IScotland} Regulations 2006. The cha rity trustees consider that the audtt requirement of Regulation Iolllldl of the Accounts Regulations does not apply. It is my responsibilily to examine the accounts a5 required under Section 44llllcl of the Act and to State whether particvlar matters have come to my attentlon. Basis of Independent exarniner's statement My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accou nting records kept by the charity a nd a compa rison of the accDunts presented with those records. It a150 includes consideration of any unusual Items or dlsclosures In ihe accounts and seeks eKplanations 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 accounts. Independenl examiner's statement In the course of my examination, no matter has come to my attentlon which gives me reasonable cause to believe that in any materia I respect the requirements: to keep accounting records in accordance with Section 44llllal of the 2005 Act and Regulation 4 of the 2006 Accounts Re8ulations, and to prepare accounts which accord wlih the accDuntlng records and comply wllh Regulatlon 9 of the 2006 Accounts ReEu13tions' have not been met- or to which, in my opinion, attention should be drawn in order to enable a proper understa nding of the Barrie Scott & Co Accountants and Tax Advisers 30 Mid Sireet Bathgate West Lothian EH48 IPT ,I,-ILS Page 3
Daisy Drop In Statement of receipts and payments for the year ended 31 March 2025 Total Year Total Unrestricted Restricted funds funds Year to 31.3.25 to 31.3.24 Receipts Receiptsfrom charitable octivity Donations Grants Fundraising Gross receipts from trading Bank interest 38,000 3,538 20,800 58,800 3,538 35,053 1,340 851 851 812 Total receipts 42,389 20,800 63,189 37,205 Cost of choritable activities Expenses for fundraising activities Wages and salaries Pension costs Office expenses Premises expenses Printing, postage and stationery Activities and trips Fees and subscriptions Garden expenses Hardship grants Bank charges Governonce costs Purchase offixed assets Purchase of equipment 28,366 6,099 34,465 34,566 1,159 11,600 438 2,574 351 527 1,159 11,600 438 2,574 351 1,327 963 14,500 573 2,831 327 800 71 600 71 72 600 744 742 742 Total payments 46,428 6,899 53,327 54,576 Surplus/ (Deficitl for the period Total funds brought forward Total funds carried forward 14,0391 78,480 74,441 13,901 9,862 78,480 88,342 117,3711 95,851 78,480 13,901 The notes on page 6 form an integral p3rt of these accounts. Page 4
Daisy Drop In Statement of balances as at 31 March 2025 Unre5tTlcted Restrlcted funds funds Total Total at 31.3.25 at 31.3.24 Note Funds reconciliation Bank and cash as at 31 March 2024 Excess receipts over payments for the year Bank and cash as at 31 March 2025 78,480 14,0391 74,441 78,480 9,862 88,342 95,851 {17,3711 78,480 13,901 13,901 Other assets {unrestricted fund) NBVat NBV at Fixed A55etS C05t 31.3.25 31.3.24 Equipment 9,016 582 523 At 31.3.25 At 31.3.24 Current a$5ets (unrestrirted fund) Debtors Liabilities (unrestrirted fund) At 31.3.25 At 31.3.24 Taxes and social security C05tS Accountancy accrual 354 687 1,041 346 795 1,141 The notes on page 6 form an integral part of these accounts. Approved by the trustees on 17 July 2025 and Signed on their behalf by: Chairperson Trustee Page 5
Daisy Drop In Notes to the accounts for the year ended 31 March 2025 Note I Basis of Accounts These accounts have been prepared on the Receipts and Payments basis in accordance with the Charities & Trustee Investment Iscotlandl Act 2005 and the Charities Accounts Iscotlandl Regulations 2006 las amendedl. Note 2 Nature and purpose of funds Unrestricted funds are those that may be used at the discretion of the trustees in furtherance of the objects of the charity. The trustees maintain a single unrestricted fund for the day-to-day running of the centre. Restricted funds Restricted funds may only be used for specific purposes. Restrictions arise when specified by the donor or when funds are raised for specific purposes. £800 was received from The Morrisons Foundation to help upgrade the garden and this was spent during the year. £20,000 was received from the National Lottery Community Fund to be used for general running costs. £6,099 was spent during the year leaving £13,901 to be carried forward into the next year. Note 3 Related party transactions No remuneration or expenses were paid to trustees. Note 4 Governance costs Unrestritted Restricted Funds Funds Total 2025 Total 2024 Independent Examiners, Fee 600 600 744 Page 6