BERLOUR 8 CRAIG LLACHIE P CHOOL NURSERY scio FINAMCIAL STATEMENTS RECOGNISED CHARITY NUMBER: SC047098 Pre ared b Chartered Accountartsts ELGIN
ABERLOUR & CRAIGELLACHIE PRE SCHOOL NURSERY RECOGNISED CHARITY N C047098 scio CONTENTS PAGES Trustees, OffKers and ProfessKJnal Advise Trusl88s' ReFQrt arKt Statsment of Trustees, ResFX)nsibililYas 2and3 Independent Examine¢s Rep(Mt to ihe Trustees Slalement of Flnandal Athtles Balance Sheet Statement of Cashfltr Notes to the financial statements 8and9
ABERLOUR & CRAIGELLACHIE PRE SCHOOL NURSERY RECOGNISED CHARITY NUMBER: SC047098 FE LAD sc TRUSTEES BANKERS Bank of Scouand 90 High Street Elgin IV30 18J CONTACT ADDRESS Abefbjr & CraelaChle PTr School Nursery Abenwr Prlmary Scr1 Mary Avenue ABERLOUR A838 7PN INDEPENDENT EXAMINER RECOGNISED CHARrrY NUMBER SC047 Page 1
ABERLOUR & CRAIGELLACHIE PRE SCHOOL NURSERY RECOGNISED CHARITY NUMBER.. SC047098 TRUSTEES. REPORT AND STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED LY 31ST 2024 scio FINANCIAL STATEMENTS The Trustees present their report and atKlited ftnanci81 ststements of the charitable company for the year ended 31 July 2024. They have adopted the wovisions of the Statemenl ol Recommended Practs"ce ISORPI"Accounting and Rewrting by Chariles. {FRS1W2) in preparing th8 annual rekx)rt and financial stslements of the charity. CHARITY STATUS Aberlour & Craigellachie Pre School Nursery was initially registered as a Scottish Charity No. SC009270. As of 17th January 2017 It w*s r•gtst•T•d a8 * Scottlsh Charlty Incorporated Organlsatlon ISCIOI r•gistration No. SC047098. The charity is registered in Scolland and the contact addrnss Abertour & Craigellachie Pfe Schcd Nursery Aberlour Primary School Mary Avenue ABERLOUR A838 7PN STRUCTURE AND MANAGEMENT The Charity 15 fun by a management c¢Jmmittee vtho meet lo review the ongolng devesopmenl of the Charity and lo confirm that the Charitys aims art met. The management cornmittee conslsts ol a Chalrpernon, Secretary, and a Treasurer. who ale elected at the annual general meeting or apF<Jinled during the year. All posilhMS are hekl until the next annual general meeting where Ihey face re•election. The Indlvlduals in the management committee arg all members of the Charfty. PRINC5PAL ACTIVITIES Thg aim of Ihe Pf8 School Nursery is to a(Ivance the education and so¢lal devebpmenl of pre school and older chlldren with the emphasis ol the play experience. so that they take a conslruclive plac In the wmmunlty and also lo advance the educat of their parenlrjcarars and other appropriate Fer80n8. In lurtherance of the ab)ve aims the Pre School NLFrsery shall seek.. lal lo provide safè and satisfying Pre School Nursery through play {bl to encourage othef charitable ac1wil$ through whth the parenlslcarers may support the the development ol chlldren. FUTURE DEVELOPMENTS Going fard, there will be the usual ongoing fvndraising evenis to SUpplenI the moin of fLbnding. RISKS REVIEW The trustees have assessed the major risks to whSch the charity18 ex[x)j, in partlar those related lo the operations and linances of tho chanty. and ara sakn'sfied that systems are in place to mllgale exposure lo the major risk& FINANCIAL REVIEW The management committee keep a cb5e eye on income and expenditufè. In the year ended 31 st Juty 2024 there was a surplus ot £25,154 whh was carried to reserves. Future fee income and cost MareMefit shoukl allthv the nursery to cL)nllnue to provide an ex¢ellenl service. Pagè 2
R & CRAIGELLACHIE PRE SCHOOL NURSERY RECOGNI BER '. 04 AND TATEMENT OF TRUSTEES. RESPONS ENDED JULY 31ST2024 CONTINUED The Trustèos are responsible f the preparation of the finanaal slalenents which disclose with reasonab acCUrY at any lime the finanual posibon at the end of the peiiod and of the surplus or deficit lor the year then erKled. Financial Slalements musl compty with the Charities and Truslee In4vslmenl IS¢otknd) Act 2005. thè Chadbes Accounts {Scolland) Regulations 2006 {as amended). In preparing Ihes8 ffian¢lal slalements ihe officiaL8 are requir8d lo.. select suilabl8 8ccounting poliaes and appty them consislently rnak? judgements and eslirnales that are reasonabk and prudent: ar¥J prepare the financial stalenEnts on a going conrn basis unless rt is inappropriale to do so on the grndS Ihal the tarity is unlikety lo COnb"n in exis18nce. The Tru$leès are respongble lor keeplng pfopgr accountlng records whlch dlsclose wllh reasonable aU[aCY al any ts'me Ihe Iinan¢èl po11 of Ihe organisatson. The tS afe also responsible for safeguafdkng the assets oi me ChatY and hence for tlrvJ rea50nab sleps lor the prevenllon and delectbn of traud and olher IrregultIes. TRUSTeEs AND OFFICE BEARER3 Approv•d b th• Tru6tO•8 and signgd on th•lr b•h•lf Tntstee D816 ..IS April 2025 Pag8 3
A8ERLOUR & CRAIGELLACHIE PRE SCHOOL NURSERY GNI ED CHARI MBER . SC04 INDEPEfr4DENT ACCOUNTANT'S REPORT TO THE TRUSTEES FOR ThE YEAR ENDED JULY 31ST 2024 scio I feport on Ihe flnancoal stslemenls on pa3es 5 to 7 which have been piepawed under the hSslorlcal cost convention and the COuntIng wliGies sel (ul on pa9e 8 and 9. RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND AcCOUANTs The charity'3 Iiuslees are rtsponsible for the preparation of fv aGGoullt¥ In •wrdance with the terms of Ihe Charities and T1tee3 Invesimenl {Scollandl Acl 2005 and the Charitie8 Accoun1$ ISco:land} RgguLglion8 2006 (os Bmendedl, the Memorandurn Artic$ of Associalfvjn. and Accounting and Reporting by Chaiilie$.' 8tslèmènt of Recomended Practice applicabb lo charÉtiès )reparing Ihoir accounts in accordaThce with th• Financial Rèportlng Standa¥d, applicablo in th8 UK and R•public of IreLAnd {FRS102}. The trustoess ccnsid81 that the audit requir•ml of Rè9ulation 10111 {al lo Ic} of the Accounls R#gulalioAs doès not apply It is my r88ponsibilty to examine the accounts as ruled under s8cknon 44 {11 (cl ol Ael and lo slate whether p*ticular m8tters hav8 ccyne lo my attentft. BASIS OF INDEPENDENT EXAMINER'S STATEMENT My exarninalion is carr.1 out in accordance Vth Regulation 11 of the Charitres ArUnts IScotland} Regulations 2006 las amended). An examinal#)n indudes a review of the awunling records kept by the charltable cornpany and a c(ynF4rison of the accounts preser,led with thc6e records.11 a150 includes ¢0)seratIOn of any unusual ilems or dixlosures in the arunts. and seeki19 explanalon5 from IhJ dlre¢ltys ¢¢trning ary such Matters. The procedures undertaken do not provde all the evidence that wculd be requlred In an audlt, ard raJn8equwlty I do not express an aLtrJtt opinkn cn the given by the accoLnts. INDEPENDENT EXAMINER'S STATEMEprr In tne course ol my 8xamknaOn, no fflatlet ha5 come to ry &tsnUon.' 111 whSch glves me reasonabb cause to bdieve Ihal in any material respect the requiremeni8; - tts keop a¢¢ounliry record6 in ardance with Se¢U¢n 44{111a} of tho 2006 Act and Regulation 4 of th¢ 2006 Accounts Regu alion$. arHI - to prepare accounts whlch acccyd Vth the accwnting reeAirds aThl comptywith RegulOn 8 of the 20ce Acctsunls RegulatKJn have t been met. or 121 to 1th, kn rny gpifikjn. attln shoukl bo drawn in ¢)rder lo enatle a proFer undefstanding of the accounts to be reached. Page 4
ABERLOUR & CRAIGELLACHIE PRE SCHOOL NURSERY RECOGNISED CHARifY NUMBER .' SC047098 STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED JULY 31ST 2024 scio STATEMENT OF FINANCIAL ACTIVITIES UNRESTRICT FUNDS YEAR ENDED 1ST JULY 2024 UNRESTRICTE FUNDS YEAR ENDED 31ST JULY 2023 NOTE INCOMING RESOURCES Charitable income Investment Income Total Incomlng rnsourc t64,578 1,626 166,204 171,288 $45 171,813 RESOURCES EXPENDED Direct charltable expenditu Total roUrceS •xp•nded 141.OSO 141,050 102.156 102,156 Net Incomlng resourc88 25.154 69.657 NET MOVEMENT IN FUNDS Fund balance as al Juty 31st 2023 Fund balances as 81 Juty 31st 2024 231.377 256.531 161.720 231.377 The rKJles on pages 8 and 9 fomi part of Ihese finawal ststements. Page 5
ABERLOUR & CRA]GELLACHIE PRE SCHOOLNURSERY RECOGNISED CHARITY NUMBER: SC047098 BALANCE SHEET AS AT JULY 31ST 2024 scio 2024 2023 Not8 CURRENT ASSETS Bank Account 8ank Current knounl 131.1S3 130,Ig5 261,388 129.567 1D4,660 234.227 CREDITORS Amounts falling due wrthin one year Creditors and accruals 4.857 2,850 NET CURRENT ASSETS 256.531 231.377 FUND BALANCES Unreslncled lunds TOTAL FUNDS 256,531 256,S31 231,377 231,377 TRU8TEES' APPROVAL OF THE FINANCIAL STATEMENTS On bohallof the Iru8lees w¢ approve th•so finala1 slatem•nts. are sel out P8ges 5 to 9 for th¢ yegr ended Juty 31st 2024 •nd eonfirrn th41 we have made avall*Jle all reant records d informalDn for their Drèpaialion )ate .'25April 2025 The notes on pagc 8 and 9 form part of thase slatements. PaJ8 6
ABERLOUR & CRAIGELLACHIE PRE SCHOOL NURSERY RECOGNISED CHARITY NUMBER: SC047098 MENT OF ASHFLOWS FOR THE YEAR ENDED 31 JULY 2024 scio 2024 2023 Nel movgmenl in fvThJs 25,154 69,657 Decreasellincreasel in debtors Increaselldecreasel in creilitors 2.007 15,611 2.007 11S.6111 Incroase in ¢8sh and ¥h equivabn15 In the yeaf 27.161 54,046 Total cash and cash equivalents 81 the beginning of the yeaf 234.227 180 181 Total cash and cash equivalents al the end of the year 261,388 234,227 Cash and cash eqUiVanIs consist ot Ca8h 81 bank and In hand 261.388 234,227 P•Je 7
ABERLOUR & CRAIGELLACHIE PRE SCHOOL NURSERY RECOGNISED CHARITY NUMBER.. SC047098 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED JULY 31ST 2024 scio 1 ACCOUNTING POLICIES Basis of accounting The Accounts are presented In Steding £ and have ljeen prepad on the histon.cal cost basis of of accounting and in accordance th8 charib.es Accounts ISc£Jtlandl Regulations and Accounts"ng and Repjrbng by Charttses.. Statement of Recommended Practice applicable 10 charities preparing their accounts In accordance wth the Financial Rep)rting Standard applicable In the UK {FRS1021. Income and •xpendltur• Income has been taken account of using an accruals basis. pledges. ¢>)ven8nts aThJ recoverable being accounted for in the perKd Iliey relate lo rather than when received. Expendllure has teen *milarty charged to the revenue xcount. 20 2 PARTICULARS OF eMPLOYEES The aggregate payr1 costs of the alK)ve V&pr8'. Salaries and part-lime wages 124.646 Irb the year ended Juty 31st 2024 there were 5 em86$12023 6 8mployees} No employee received remunerat greater than £60.000 in the year ended 31sl Juty 2024. The charty consklers ils key managoment personnel comprises of the Trustees and the management. Total ernoYment ¢¢ts lor the manager who is also a Iruslee incI1n9 employer Pgnsion conlribulv)n$ were £47,790 in year ended 31$1 July 2024 and £40,290 in the year ended 31 sl July 2023. Ther8 was no remunerat lor teing a Ifuslèe. Page 8
ABERLOUR & CRAIGELLACHIE PRE SCHOOL NURSERY RECOGNISED CHARrrY NUMBER .' SC047098 NOTES TO THE FINANCIAL STATEMENTS CONTINUED FOR THE YEAR ENDED JULY 31ST 2024 scio 2023 Charitsblo Incomg Fees earned Fundraising and Donat8 Moray Coundl Total 4,175 71 160.332 164.578 8.845 220 162.203 171,268 Inve8tmont lThcom• 545 Dlrncl ch•ritabl• expendlture Staff Costs Snacks Milk ¢osl Dally Running eXnSeS Insurance Educatsonal resowces Professional Fees Total 124.646 525 642 8.535 483 4.970 1.250 141050 92,093 481 638 5,197 440 2,107 1,2C4) Cash and Cash Equival•nt• Bank Accounl Bank Current Account 131,193 130 195 261 388 129,567 104,660 234 227 r•dltors and accru•l• Unr••trlet•d rns•rve• 231377 The unrestricted reserves are deslgnated by the trustees as a provision for redundancy and any equipmenl costs which could arise in the future.