CHARITY REGISTRATION NUMBER: SC039794
Bright Horizons Day Care Centre
Financial Statements
31 October 2024

Bright Horizons Day Care Centre
Trustees. Annual Report
Year ended 31 October 2024
The members, wtho are also the directors for the purposes of company law, present their wport and thè financial
statement5 of the charty for the year en¢Jed 31 OclDD8r 2024.
Referenco and admlnlstratlvè dgtalls
Reglster9d charity name
Bright Horizons Day Care Centre
Charlty r•glstration number
SC039794
Prlncipol office and reglster•d
office
Leuchars Station
Leuchars
Fifo
KY16 OJX
Appointed Resigned
The tru5te0$
Accountant
Walk8r Dunnett & Co
Chartère¢ accountant
29 Commercial Street
Dunde&
DD13DG

Bright Horizons Day Care Centre
Members. Annual Report (Incorporating the Directorfs Report) (continued)
Year ended 31 October 2024
Legal Status
The Association is 8 recognised uninctsrporated charity, nurnber SC039794 and the purpose and administration
arrangement5 are set out in tt)e constitution.
Goveming docurnent
The governing document is the constitution and ru16s of the eharity, last updated 26 April 2021.
Trustee recruitment, appolntment, Indu¢tlon and tralnlng
There is no fomial policy for the recruitment. appointment, induction or training of trustees and there is no ￿'me limit on
the length of b'me a trustee can serve.
Risk Managemgnt
The Trustees have assessed the major risks to which the charity is exposed, in parkncular those relating to the
operations and financgs of th$ charity and are $8tisfied that systerns are in pla￿ to mitigate exposure to those risks.
Oblectlv85 and activities
The principal activity of th8 charity during the year. as recorded in our constitution. are to promote the care and
education of ¢hildren in need of care. in an enwronrnent where they feel both safe 8nd valued ancl to promote this during
and out of school hours and to promote the provisions of facilities for the ￿CreatiOn and other le15ure time of such
child￿￿ ensuring their social welfare is impromng their conditions of life.
AchSevem8nts and perforniance
The day care centre continues to oper8te from prernises tswned by Leuchars Station. free of charg&. There are
8greements in place that the charity have to maintain the prernises at their cost. In the cUr￿￿t financial ye8r. we
maintained our good rating 8s a trusted early years seNice provider. The number of child￿n reduce(S from previous
years which is reflected in the grant money ￿CeIVed from Fif8 Council.
Finan¢lal r•view
The total Incorne generated in the year was £495,860. which includes the 8bove grant, grant5 from Fife Council and
parent fees. Interest on bank deposits 01 £1,976, were also received. The largest cost 15 Staff salaries and the expensès
ol this in the accounts totalled £447.561. We are aware of all costs going up and we monitor these on a monthly basis.
The deficit lor the year was £30,716
Plans for future period$
The charity p18ns on providing nursery services to pre4school children. A5 ststed the nursery wryll make plans to expand
thelr offering if and when Leuchars Station as a Military base expands.

Brlght Horlzons Day Care Centre
' Members. Annual Report {InGorporatlng the Director's Report) (contlnued) *.6*.,1
Year ended 31 October 2024
Ros¢r4•s Poll¢y
Th8 ￿tricted fund was used In Ilils year Ivr Ilie ro1urb￿hrnènl work thal wa5 neoded. AH Olher lund$ 8rg Unr8BtriCt￿.
1 Th8 ItUStees have f¢x many years kept £SO.DOO of this unrostric18d funds a d*$￿9n31ed fund for polonlial
redund4nciè$ rf th8 nutsery needed to c105e. fuThJ Is lust degignatsd a$ such, and Is nol a provision lor future Ik'*J
li8bililios tts the oharily h4s no iDlention of GIDSing.
Trust&e$' r88ponsibllltlos statement
Th6 Iruslees are r8$ponsible for preparing Ihfj trustees. rgpon an¢ the financial Stslements In èc¢ordance with
applic8blLI law and Uniied Kingdom Accounting Standards (United lfjngdorn Generalty Acc6Pted A¢￿Unting Prac¢ic*}.
The18w applicgble to chariti¢$ in Scotland requ￿e$ the charity Iruslee$ lo prèp8r8 financsal statements for each year
which giv& a true and fair view of the state of affa*r5 of the cornpany and gf the Ineorning resources and application of
resources. of the company for Ihat period.
In preparing Ih8se financial st8ternents, Ihe members are required to=
sele¢l suitabl8 accounting policres and then apply tI￿rn Gonsi51entty.'
' observe the method5 and principl8s in the appliGqble Charitiès SORP.,
' rllake iudgmènt5 and aecouniing estlmates thal are re850nabltr and prudent..
' prepar8 the fjn8nci*l statements on the 90in9 concom basis unless It Is inapproprfate to presume that the ¢harsty will
conbnue in busint$s.
The Injslees are responsible for keeping adequate attounting records that arè SUffi￿ent to show and explain tre
comp8FYyS trans&ctson5 and ¢Yisclose wth rea50n8ble accuracy al any time the financial poiition of the company end
enabl8 them to ensure that the financial ststement5 comply v￿th the Charities and Trustees Investments Iscollandl Act.,
2005, Ihe Charity Accounts Iseotlandl Regulations 20(￿, and the provtsions of the Trust Deed. They are also
responsible for safeguar(Jing the assets ol the company and henGg for taking ￿asOnable steps for Ihtr prevenllon and
¢eie¢iion of loud and other irregulanlies.
Independent Examlnatlon
We believè that as a result of a roduction in turnover, an Independent examination will be r￿u$red this year. We wll l>ry*..:, ..,,.
monitor the income and 0￿er Slalulory thresh1￿d$ and if an audil is necessary in future. wo will appoint an auditor at that
m¢.
e In151ees' annual report was approved on 29 July 2025 and Signed on behalf of the board of trustees by.

Bright Horfzons Day Care Centre
Independent ExamineVs Report to the trustee of Bright Horizons Day Care Centre
for the year ended 31 October 2024
I report lo the charty Irusl8es on my examinalKJn of the a¢counts of the charity for the year ended 31 October
2024 which are sel out on pages 5 to 8.
Respgctlve responslbilities of trustees and examiner
The charitys trustees are responsible for the preparation of the accounts in accordance wllh tha term8 of the
Charities and Trustee Investment (Scollandl Act 20D5 and the Charities Account5 (Scollandl Regulations 2006.
The charity trustees consider that the audil requirement of Regulation 10111 Idl of the A¢counls Regulaliong
does not apply. It is my rgsponsibilily to examine the accounts as required under section 44111 Icl of the Act
and lo slate whether particular rnatters have come to my attention.
Ba$ls of independent examlnerfs report
My examination is carried out in accordance with Regulation 11 of the Charitie5 A¢counls (Scollandl
Regulations 2006. An exarninalion includes a review of the accounting records kept by the charity and a
comparison of the accounts pre8enled wlh those records. 11 also includes consideration of any unusual rL&ms
01 disclosures in the accounts and seeks explanations from the Iruslees eonceming any such matters. The
procedures undertaken do not provide all eviden￿ th81 would be requirècl in an audit and, consequently, I do
not express an audrt opinion on the a¢¢ounls.
Independent examln8r's Statement
I have completed my examination. I confirm that no m*erial matters have come lo my attention in connection
wf(h the examination giving me cause lo believg that in any material respect..
to keep accounting records in accoieancè wtth section 44111 lal of the 2005 Act and Regulation 4 of the
2006 Accounts Regulation5, and
2. to prepare accounts which accord with the accounting records and r￿mplY with Regulation 8 of the 2006
Accounts Regulations
I have no ccjncerns and have Come across no other matters in connection with the examination lo which
attenti¢n sh¢uld be drawn In this report in order to enable a proper understanding of the tccounls to be
reached.
ivalk-r Dunnett & Co
Chartered A¢countanls
29 Commercial Street
Dundee
DD1 3DG
Date.. 29 July 2D25

Bright Horizons Day Care Centre
Statement of Financial Activities
Year ended 31 October 2024
2024
2023
Unrestricted Restricted
Funds
Funds
Total funds Total funds
Note
Not8
Income and endowments
Nursery Fees
Fundraising
Fife Counal Grants
Meals
212,567
1.730
264,306
15,281
212.567
1,730
264.306
15,281
225.591
766
293,555
8.828
83,136
1,050
610.925
Grants
Interest
1.976
495.860
1.976
495.860
rDtal incom
Expenditure
Wages
Pensions
staff Training
Child Meal EKDen583
Cleaning
Intemet and Telephone
AdvertisinglAdministration
InsuranTrllnspe¢tionlSubsuipb"ons
Repairs 8nd Renewals
Toys 8nd replacements
Sundry Expenses
Accountancy Fees
Dep￿Ciation
Bank charges
Total expendltu
447.561
447.561
8,986
1,467
12.317
13,060
2,026
453.185
8,835
722
8,966
1.467
12.317
10.957
13,060
2,026
5.043
9,887
8,605
2,467
1,484
5.869
84.675
16,059
9.099
5.043
9,887
2.973
15.234
3,796
1.850
2,293
101
2.973
15,234
3,796
1,850
2.293
101
8,076
2,412
94
526,576
526,576
612,538
Net incomellexpendtturel
Transfer from unre$tri¢t•d fund
130,7161
130,7161
11.6121
Total Funds brought forward
185.131
185,131
186,743
Totsl lund¥ ¢arrl¢d forward
154,416
154.416
185,131
The statement of financial acb'vities indudes all gains and losses r8cognise(l in the year.
All incomts and expenditure derive frorn continuing activities.

Bright Horlzons Day Care Centre
Statement of FlnanGlal Posltlon
- Year onded 31 October 2024 ',
Not•
2024
16.1S6
4,029
Flxed as$•tJ (.'
Currffnl •sse¢s'
223
2,833
6D,561
75,723
21
'1 10,329
9.476
59.936
108,872
Debtors
cUrr￿t bank account
Virgin Charily Deposil kcounl
Bank savings account
Cash in hand
Cash al bank and In han¢J
140.360
188,615
Credltors.. amounts falllng du• wlthin one year
2.100
7.513
Nel cuThenl assets
181.102
Total assèts lus ¢urr¢nt liabilitlès
154,4161-,
185.131
Funds of thè charlty
Rèstricled Fund
Oesignalecl Fund
Un￿StrIcted funds..
60,000
94,416
60,000
125,131
Total ¢hartty fund5
154.416
185.131
Thése financial 5tatemenis were approved by the board of member5 and aulhorised for issue t)n 29 July 2025 and are-:
signed on behalfof the board by..

Bright Horizons Day Care Centre
Notes to the FinanGial Statements
Year ended 31 October 2024
1 General Information
The company is a registered charity in Scolland and is unincorporated. Tha address of the principal office is
Leuchars Station. Leuchars, Fife, KY16 OJX
2 Ststement of ¢omplian¢e
These financial statements have be8n prepa￿d in cornplian￿ ￿th FRS 102, 'The Financial Reporting Standard
appli¢able In the UK and the R8publi¢ of Ireland,. the Statement of Rewmmended practi￿ applicable lo Charities
preparing their accounts in accordance with the Financial Reporting Standard applic￿ble in the UK and Republic ol
Ireland IFRS 1021 (Charities SORP IFRS 10211 and the Charities and Trustee Investment (Scotlandl Act 2005 and
the Charity Accounts (Scotlandl Regulations 2006185 amendedl.
3 Accounting pollcies
Basis of preparatlon
The financial Statements have been prepared on the historical cost basis, as modified by the revaluation of ￿rtain
financial assets and li8bilities and inv8Stmenl properties measured at fair value through income or expenditure.
The financial statements a￿ prepar8d in sterling, which 13 the functional currency of the entity.
Golng concern
There are no material uncertainties about the r*ariWs ability to continue as a going cOn￿r￿.
Di5cIo8ure exernption¥
The entity satisf es the criteria of being a qualifying entity as d8fined in FRS 102. As such, advantag6 has been taken
of the followng disclosure ex8rnptions available under paragraph 1.12 of FRS 102".
lal Disdosures in ￿SpeCt of financial instruments have not be8n presented.
Judgements and key sources of tstirnation uncertainty
The preparstion ol the financial statements ￿quireS management to rnake judgements. estimates and assumptions
that 8ffe¢t the amounts reportecl. These estimates antj judgements are continu8lly reviewed and are based on
experience 8nd other factor5, Including expectation3 of future events that are believed to be reasonable under the
circumstsnces.
Fund a¢¢ountrng
All brought forward funds are unrestrlcted and may be spent or applied at the discretion of the trustees to further any
of the charity'5 purposes. All fees income and council funds are unrestricted.
Restricted fvnds were received in the current year and all funds used on speryfic projects a5 per the restrictions
ImP05ed on the funds received.

Bright Horizons Day Care Centre
Notes to the Financial Statements (continued)
Bright Horizons Day Care Centre
Incomln9 resource$
The income as shown in the Statement of Financial Actimties rep￿Sernts income as detailed in the statement. all of
which is included in the statement ol financial activities when entitlement has passed to the ¢harity. it is probable that
the economic benefits assoth8ted wth the transaction will flow to the charity and the amounl can be reliably
mèa5ur8d.
Resourees expended
Resources expended as shown in the Stat8rn8nt of Financial A¢tivities represents costs of generating funds. and
otherwise shown in the statement and governance costs, made up of management and audit fees. These costs are
included in the accounts when the obligation becomes binding. Costs relating to specific restricted grants are
allor2ted against these grants a5 per the statement.
Repairs on th• leased bullding
Repairs and improvements on the18a$ed building has been written off to the statement of finanual activities. The
trustees agree that the repairs will not cre8te an asset for the charity and therefore the 8xpense has not b88n
capitalised.
Fixed assets
Fixed Assets are stated in the Statement of financi81 p051tion at cost. bss any acquisition and installation.
Depreciatlon
Depreciation is charged $0 as to write off the cost of assets. other th8n land and proparties under construction over
their estimated useful livès. as follows..
Assèt cla¥$
Depreciation Method and rate
Computer Equipment
Fixtures and Fittings
Str8ight Line- 33.3%
Straight Line_ 20U/
Flnanclal instruments
Financial instrument5 are classified and 8ccounted for. according to the Substan￿ of the contr8¢tual arrangernent,
as either financial assets, financial liabilitl8s or equity Instruments. An equity instrument is any contract that
evidences a residual Inte￿$t in the assets of the company after deducting all ol Its liabilities.
4 Partl¢ular5 of employee$
The average head count of employees during the year was 2512023.. 211

Bright Horizons Day Care Centre
Notes to the Financial Statements (continued)
Year ended 31 October 2024
S Rgstrleted Fund8
Thore has begn no movem•nt within the r8sIriGted funds wthin the year.
Movement
Repairs and from unrestricted Re$tricted Fund Restricted Fund
upgffad8$
nd
2024
2023
Restricttd
Fund
The Arrned For¢e5
Covenant Fund
Susan Budd
6 MBmbgr remun?ration and expen$e5
No remuneration has been paid to Trustèas for theirwork as trustees.
Ideputylfiriance manager) ha5 been paid for their work as employees.
'.ontre rnanagerl and
e trustees are reirnbursed for
oxp01se5 incurred for the centre only. No expEnses have been paid Icr trust8gs as a rgsuli ol being 8 trustee.
7 Flx•d A¥sets
Computer
Equlpment
Flxtur•s
and Flttlngs
Cost or valuotlon
At 1 November 2022
Addltions
Disposals
Totsl
1,860
2,554
12,588
11.867
16,446
14,421
At 31 October 2023
24.455
29,867
Depreclatlon
Al 1 November 2023
Gharge for the year
1.860
453
8,559
1,841
10,419
2,294
At 31 October 2023
2,313
10,400
Carwng amount
At 31 Octob&r 2024
2.101
14.055
16.156
At 31 OcltsbeT 2023
4,029
4.029

Bright Horizons Day Care Centre
Notes to the Financial Statements {continue)
Year ended 31 October 2024
8 Debtors
2024
2023
Trade debtors
Accrued income
223
10,329
10,329
223
9 Credltors.. arnounts falllng due wlthrn one year
2024
2023
Trade Debtors
Accruals and deferred incorne
13
7,500
7.513
2,100
2,100
10 Designatèd Fund
Thè designated fund is an amount set 85ide for redundancies if the centr& ever needs to close. Thi5 fund is not a
liability as thèr8 are no plans on closing the centre, now or in the fLrture.
10 Related parti85
No related party transactions have taken p18•. except employment related payments and payments to reimburse
trustees for centre expen5eS.
io