Dalsy's Den
Report of the trustees for the year endlng 31 March 2025
Registered Charity Number . SC045825
Brief Review of the Charity's Financial Position
Financial Report
In the year ended 31 March 2025 the Charity incurred a deficit of £3.662. Despite the deficit the Charity
donated £1,500 to support animal welfare in the local communty.
Achlevements in perlod
reported that the pass year had been more challenging.Sales had dropped a bit from previous
years.
owever,
felt that our books and dothing are too cheap compared withother charty
shops in the town.
The charity deaded to raise the prices slightly of the clothing and books and there has been no negative
feedback from customers.
Although our bank balance had dropped it has now stsrted to rise again and as of today stsnds at £4241 .
The charity continues to tske small fumrture items, and they are selling well, with customers able to take
them away themselves.The new re-located clothing and tokS area has been well received and flows
much better.
As aays, our relationship with Bute &' Cowar Vets worf(s well, delivering care for animals across
Cowal whose owners struggle to afford the fijll veterinary bills. We continue to receive thank you letters
from grateful pet owners who have been helped with their vet bill.
The trustees have asked Margaret to pass on a big thank you for all the hard work of the staff and
volunteers as that's what makes the shop a success.
We've had a lot of positive comments about the new shop layout. and we'll continue to tweak things to
create interest.
Electlon of Trustees
The trustees have been re-elected as below:
Two new trustees have been appointed:
We are very pleased to welcome back
and seconded by
We also welcome
as a trustee.
was proposed by
as a new trustee
was proposed by
and seconded by
was then appointed as Treasurer and
as Secretary proposed by
and seconded by
was appointed
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## **Reserves**
At 31 March 2025, the Reserves stood at £3.371.
## **Charitable Purpose**
"the advancement of animal welfare" – Predominantly within the Argyll & Bute geographic area
## **Charitable Activities to Achieve Our Purpose**
Having accessed an application based on financial circumstances we provide individuals with small grants towards the cost of essential veterinary treatment.
To achieve this, we work very closely with our local veterinary practice (Bute & Cowal Vets) in Dunoon.
Daisy’s Den also makes small grants and donations to various other animal charities within Argyll & Bute.
## **Trustees’ responsibility in relation to the financial statements**
The trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Law applicable to charities 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, including the income and expenditure, of the charity for that period.
In preparing these financial statements, the trustees are required to:
- Select suitable accounting policies and then apply them consistently;
- Observe the methods and principles in the Charities SORP;
- Make judgements and estimates that are reasonable and prudent;
- State whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continua in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at the time the financial position of the charity and enable them to ensure that the financial statements comply with the relevant legislation. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information. Legislation in the United Kingdo governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
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Reference and administrative details
Charity number: SC045825
Our Advlsers
Independent Examiner:
Ideo Busness Services Ltd.
Unit 4. Standhill Industrial Estste.
Whitbum Road
Bathgate
EH48 2HR
Bankers:
Bank of Scotland, 78 Argyll Street, Dunoon, PA23 7NH
Solicitors:
Blair & Bryden, 47 Argyll Street, Dunoon, PA23 7HG
Trustees:
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**Governing Document**
Daisy’s Den Caring for Animals is a Scottish Charitable Incorporated Organisation (a SCIO). It was registered in t’s legal form on the 23 July 2015. The charity was previously an incorporated association but changed its legal form to a SCIO. The assets of the unincorporated association were transferred to the SCIO on 23 July 2015. It has a single tier structure and as such the trustees are the members of the charity.
Daisy’s Den Caring for Animals SCIO is governed by its constitution.
## **Appointment of Trustees**
Trustees can be elected at any time. There must be a minimum of three and a maximum of six trustees.
## **Trustee introduction and training**
On appointment new trustees attend an induction course held by the other trustees where their responsibilities are explained to them in full. This is from the perspective of both as a Trustee of the Charity and the legal requirement set by OSCR.
As new legislation is released the trustees meet to discuss the impact this will have on the Charity and their own personal responsibilities as Trustees.
## **Related parties and co-operation with other organisations**
There are no related parties. None of our trustees receive remuneration or other benefit from their work with the charity. In the current year no such related party transactions were reported.
## **Risk Management**
The Trustees assess the risks associated with the Charity and the services that they provide on an annual basis, or earlier if required.
## **Independent Examiner**
The Independent Examiner, willingness to continue in off Meeting of the Trustees.
(MAAT) of Ideo Business Services Ltd., has indicated her solution re-appointing her will be proposed at the
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Scottish Charity No SC045825
Daisy's Den Caring for Animals SCIO
## Report and Financial Statements
31 March 2025
Document ID: fc18fc7e-c78a-4ef5-aafe-454ebaf950be
**Daisy's Den Caring for Animals SCIO Registered Charity Number: SC045825**
## **Trustees**
## **Secretary**
## **Treasurer:**
## **Reporting Accountants**
Ideo Business Services Ltd Unit 4 Standhill Industrial Estate Whitburn Road Bathgate EH48 2HR
## **Bankers**
Bank of Scotland 78 John Street Dunoon PA23 7NA
## **Solicitors**
Corrigal Black 20 John Street Dunoon PA23 8BN
## **Office**
1
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## **Daisy's Den Caring for Animals SCIO Statement of financial activities for the year ended 31 March 2025**
|**Note Total Funds**
**2025**
**£**
**Incoming Resources**
Incoming resources from charitable activities:
Shop takings
63,075
Grants
-
Donations received
-
**Total Incoming Resources**
63,075
**Resources Expended**
Cost of charitable activities
2
34,432
Other resources expended
3
30,805
Donations made
4
1,500
Gains/Losses from disposal of fixed assets
5
-
**Total Resources Expended**
66,737
**Net Incoming Resources**
(3,662)
RECONCILIATION OF FUNDS
Total funds brough forward
9,339
**TOTAL FUNDS CARRIED FORWARD**
**7**
**5,677**|**Total Funds**
**2024**
**£**
-
71,047
-
-
71,047
44,683
31,237
1,300
-
77,220
(6,173)
15,512
**9,339**|
|---|---|
All funds are unrestricted
3
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## **Daisy's Den Caring for Animals SCIO Income and expenditure account for the year ended 31 March 2025**
|**Income**
Shop takings
Grants
**Expenditure**
Opening stock
Purchases
Wages
Refunds
Deliveries
Closing stock
**GROSS PROFIT**
**Donations Received**
**Overheads**
Heat & light, insurance & rent
Telephone
Professional fees & subscriptions
Advertising
Repairs & maintenance
Motor expenses
Stationery & printing
Bank charges
Sundry expenses
Examination fees
Travel & subsistence
**Overhead costs**
Operating (Deficit)/Surplus for year
Gains/Losses from disposal of fixed assets
Donations made in the year (note 4)
**(Deficit)/Surplus transferred to Reserves**|**2025**
**£**
63,075
-
**63,075**
1,068
5,211
28,723
-
-
(570)
**28,643**
-
22,602
952
522
50
1,941
1,393
91
1,151
2
1,728
373
**30,805**
(2,162)
1,500
**(3,662)**|**2024**
**£**
71,047
-
**71,047**
1,201
9,836
32,257
-
2,457
(1,068)
**26,364**
-
21,352
1,138
459
120
1,527
1,115
800
1,318
96
3,312
-
**31,237**
(4,873)
1,300
**(6,173)**|
|---|---|---|
4
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## **Daisy's Den Caring for Animals SCIO Charity Number: SC045825 Balance Sheet as at 31 March 2025**
|**Note**
**Fixed assets**
Tangible assets
5
**Current assets**
Stocks
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
6
**Total assets less current**
**liabilities**
**Net assets**
**The Funds of the Charity**
Unrestricted Income Funds
7
**Total Unrestricted Funds and**
**Total Charity Funds**|**2025**
**£**
-
-
570
3371
3,941
-
3,941
3,941
5,677
**5,677**|**2024**
**£**
-
-
1,068
7,251
8,319
-
8,319
8,319
9,339
**9,339**|
|---|---|---|
24/12/2025
5
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**Daisy's Den Caring for Animals SCIO Notes to the Accounts for the year ended 31 March 2025**
## **1 Accounting policies**
The following accounting policies have been consistently applied in dealing with the ietms which are considered material in relation to the Charity's accounts.
## _**Basis of accounts**_
The Accounts are prepared under the historic cost convention and in accordance with applicable accounting standards in the UK, the Statement of Recommended Practice: Accounting and Reporting by Charities (revised 2015) and the Financial Reporting Standard Applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014 and the Financial Reporting Standard Applicable in the United Kingdon and Republic of Ireland (FRS102) the Charities and Trustees Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulation 2003 (as amended).
The Charity meet the definition of a public benefit entity under FRS102.
## _**Preparation of the accounts on a going concern basis**_
The trustees have reviewed the position and consider the charity to be a going concern. The accounts will be prepared on the going concern basis.
## _**Income**_
Income is recongnised when the charity has entitlement to the funds, any performance conditions attached to the items of income have been met, it is probable that the income will be received and the amount can be measured reliably.
## _**Donated services and facilities**_
Donated professional services and donated facilities are recongnised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time is not recognised. On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
## _**Interest receivable**_
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 being paid or payable by the Bank.
## _**Fund accounting**_
The Charity operated a General Fund which is unrestricted in its use. Any sub-division of the General Fund into designated funds is at the Trustees' discretion.
6
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## **Daisy's Den Caring for Animals SCIO Notes to the Accounts for the year ended 31 March 2025**
## _**Expenditure and irrecoverable VAT**_
Expenditure is recognised once there is a legal or contructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classfied under the following activity headings:
- The costs of generating voluntary income are not significant and have not been separately disclosed.
- Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs of an indirect nature necessary to support them.
- Other expenditure represents those items not falling into any other headings.
- All VAT on purchases is irrecoverable and is included with the related costs in the Accounts.
## _**Allocation of support costs**_
Support costs are those functions that assist the work of the charity but so not directly undertake charitable activities. Support costs include back office costs, finance,personnel, payroll and governance costs which support the charity. These costs have been allocated to expenditure on charitable activities.
## _**Tangible fixed assets**_
Fixed assets having a value to the charity greater than one year, other than those acquired for specific purposes, are capita;ised. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows:
Vehicles 10% straight line Equipment 20% straight line
## _**Debtors**_
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## _**Creditors and provisions**_
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third arty and the amount due to settle the obligation can be measured or estimated reliably. Creditorsand provisions are normally recognised at their settlement amount allowing for any trade discount due.
7
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## **Daisy's Den Caring for Animals SCIO Notes to the Accounts**
**for the year ended 31 March 2025**
|**2**
**Direct costs**
Opening stock
Purchases
Wages
Delivery
Refunds
Closing stock
**3**
**Other Resources Expended**
Heat & light, insurance & rent
Telephone
Professional fees & subscriptions
Advertising
Repairs & maintenance
Insurance
Motor expenses
Travel & subsistence
Stationery & printing
Bank charges
Sundry expenses
Examination fees
**4**
**Donations**
Various stocks donations to local animal groups|**2025**
**£**
1,201
5,211
28,723
-
-
(1,068)
**34,067**
**2025**
22,602
952
522
50
1,941
-
1,393
-
91
1,151
2
1,728
**30,432**
**2025**
1,500
**1,500**|**2024**
**£**
1,305
14,208
13,268
11,843
730
(1,201)
**40,153**
**2024**
21,352
1,138
459
120
1,527
-
1,115
-
800
1,318
96
3,312
**31,237**
**2024**
1,300
**1,300**|
|---|---|---|
8
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## **Daisy's Den Caring for Animals SCIO Notes to the Accounts**
## **for the year ended 31 March 2025**
|**5**
**Tangible fixed assets**
**Cost**
At 1 April 2023
Additions
At 31 March 2024
**Depreciation**
At 1 April 2023
Charge for the year
At 31 March 2024
**Net book value**
At 31 March 2024
At 31 March 2023
**6**
**Creditors: amounts falling due within one year**
Other creditors
**7**
**General Funds & Reserves: Movement in year**
Opening balance
Operating (Deficit)
At 31 March 2024|**Motor**
**Vehicles**
**Equipment**
**£**
**£**
7,833
961
-
-
7,833
961
7,833
961
-
-
7,833
(961)
-
-
-
-
**2025**
**£**
-
**-**
**General Fund**
**£**
9,339
(3,662)
**5,677**|**Total**
**£**
8,794
-
8,794
8,794
-
6,872
-
-
**2024**
**£**
2,616
**2,616**
**Total Funds**
**£**
15,512
(6,173)
**9,339**|
|---|---|---|
## **8 Contingent Liabilities**
The Trustees are not aware of any Contingent Liabilities.
9
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## **Daisy's Den Caring for Animals SCIO Notes to the Accounts for the year ended 31 March 2025**
|**9**
**Notes to the Cash Flow Statement - Net Cash Funds**
Bank
Cash|**2025**
**£**
2,352
1,019
**3,371**|**2024**
**£**
6,232
1,019|
|---|---|---|
|||**7,251**|
10
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APPENDIX 3
OSCR
Scottsh Charrty Regulatcx
Inde
endent examiner's re
ort on the accounts
Report to the Chanty name
trusteeslmembers of Dasrfs tkn C*ing AniY*ls
Registered charity SC045825
number
On the accounts of the
charity for the period
Period start date
Month
Period end date
Month
Year
01
to
31
Set out on pages
rememter lo IlUde the pe
umirT5 ofaddibwl sheets)
Respective The charitls trustees are reSpS1e for the preparation of the accounts in accordan
responsibilities of with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the
trustees and examiner Charities Accounts (Scotiand) Regulab'ons 2006 (as amended). The charity trustees
consider that the audit requirement of Regulation 10(1) {d) of the Accounts Regulations
does not apply. It is my responsibility to examine the accounts as required under section
44(1) (c) of the Act and to state whether partTrcular matters have come to my attention.
Basis of independent My examination is carried out in accordance with Regulation 11 of the 2006 Accounts
examiner's statement Regulations. An examinats'on includes a review of the accounting records kept by the
charity and a comparison of the accounts presented wth those records. It also includes
consideration of any unusual items or disclosures in the accounts and seeks
explanations from the trustees conceming any such matters. The procedures undertaken
do not provide all the evidence that would be required in an audit and, consequenty, I do
not express an audit opinion on the view given by the accounts.
Independent examiner's In the course of my examination, no matter has come to my attention.
which gives me reasonable cause to believe that in any material respect the
requirements:
to keep accounting recLYds in accordance with seclion 44(1) (a) of the 2005 Act and
Regulation 4 of the 2006 Accounts Regulats'ons, and
to prepare accounts which accord wtth the accounting records and comply with
Regulation 8 of the 21JJ6 Acc{nts Regulat)ons
have not been met, or
to which, in my opinion, attention should be drawn in order to enable a proper
understandin
of the accounts to be reached.
Date:
Signed:
Name:
Relevant professional
qualification(s) or body
lif any)..
24/1212025
Address:
'Please delete the words in the brackels rftw appty. If the IrdS do aFpty, set oth t1)Se matters wthich have come to your attents)n on the
following p.
APPENDIX 3
Disclosure section
Only complete rf the examiner needs to highlight material problems.
Give here brief details of
any items that the
examiner wishes to
disclose