|
ABERLOUR & CRAIGELLACHIE PRE SCHOOL NURSERY (SCIO)
FINANCIAL STATEMENTS
YEAR ENDED
JULY 31ST 2025
RECOGNISED CHARITY NUMBER : SC047098
Prepared by ANNE A LAING Chartered Accountants ELGIN
|
| | | |
ABERLOUR & CRAIGELLACHIE PRE SCHOOL NURSERY (SCIO) RECOGNISED CHARITY NUMBER : SC047098
| CONTENTS | PAGES |
|---|---|
| Trustees, Officers and Professional Advisers | 4 |
| Trustees' Report and Statement ofTrustees’ Responsibilities | 2 and 3 |
| independent Examiner's ReporttotheTrustees | 4 |
| Statementof FinancialActivities | 5 |
| BalanceSheet | 6 |
| Statement ofCashflows | 7 |
| Notestothefinancialstatements | 8and9 |
|
ABERLOUR & CRAIGELLACHIE PRE SCHOOL NURSERY (SCIO) RECOGNISED CHARITY NUMBER : SC047098 TRUSTEES, OFFICERS AND PROFESSIONAL ADVISERS
| , |
|
TRUSTEES
-
TRUSTEES : Cathy Lyon Gail Cruickshank Sarah Geddes
-
BANKERS : Bank of Scotland CONTACT ADDRESS ADDRESS : Aberlour & Craigellachie Pre School Nursery Aberlour Primary School Mary Avenue ABERLOUR AB38 7PN
-
INDEPENDENT EXAMINER EXAMINER : Roy J. Laing MAAT partner in the firm of Anne A Laing, Chartered Accountants Lavona, Calcots ELGIN, IV30 8NB
CONTACT ADDRESS ADDRESS
INDEPENDENT EXAMINER EXAMINER
RECOGNISED CHARITY NUMBER __: SC047098
Page 1
ABERLOUR & CRAIGELLACHIE PRE SCHOOL NURSERY (SCIO) RECOGNISED CHARITY NUMBER : $C047098
TRUSTEES' REPORT AND STATEMENT OF TRUSTEES’ RESPONSIBILITIES FOR THE YEAR ENDED JULY 31ST 2025
| FINANCIAL STATEMENTS
The Trustees present their report and audited financial statements of the charitable company for the year ended 31 July 2025. They have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charties" (FRS102) in preparing the annual report and financial statements 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 was registered as a Scottish Charity Incorporated Organisation (SCIO) registration No. SC047098.
The charity is registered in Scotland and the contact address is
Aberlour & Craigellachie Pre School Nursery
Aberlour Primary School Mary Avenue ABERLOUR AB38 7PN
STRUCTURE AND MANAGEMENT
The Charity is run by a management committee who meet to review the ongoing development of the Charity and to confirm that the Charity's aims are met.
The management committee consists of a Chairperson, Secretary, and a Treasurer, who are elected at the annual general meeting or appointed during the year. All positions are held until the next annual general meeting where they face re-election.
The individuals in the management committee are all members of the Charity.
PRINCIPAL ACTIVITIES
The aim of the Pre School Nursery is to advance the education and social development of pre school and older children with the emphasis of the play experience, so that they take a constructive place In the community and also to advance the education of their parents/carers and other appropriate persons.
In furtherance of the above aims the Pre School Nursery shall seek : (a) to provide safe and satisfying Pre School Nursery through play (b) to encourage other charitable activities through which the parents/carers may support the the development of children.
FUTURE DEVELOPMENTS
Going forward, there will be the usual ongoing fundraising events to supplement the main of funding.
RISKS REVIEW
The trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity, and are satisfied that systems are in place to mitigate exposure to the major risks.
FINANCIAL REVIEW
The management committee keep a close eye on income and expenditure. In the year ended 31st July 2025 there was a surplus of £477 which was carried to reserves. Future fee income and cost management should allow the nursery to continue to provide an excellent service.
Page 2
| |
:
ABERLOUR & CRAIGELLACHIE PRE SCHOOL NURSERY (SCIO) RECOGNISED CHARITY NUMBER : SC047098 TRUSTEES' REPORT AND STATEMENT OF TRUSTEES' RESPONSIBILITIES (CONTINUED) FOR THE YEAR ENDED JULY 31ST 2025
The Trustees are responsible for the preparation of the financial statements which disclose with reasonable accuracy at any time the financial position at the end of the period and of the surplus or deficit for the year then ended.
The Financial Statements must comply with the Charities and Trustee Investment (Scotland) Act 2005, and the Charities Accounts (Scotland) Regulations 2006 (as amended).
In preparing these financial statements the officials are required to:
a. select suitable accounting policies and apply them consistently
b. make judgements and estimates that are reasonable and prudent; and C. prepare the financial statements on a going concern basis unless it is inappropriate to do so on the grounds that the charity is unlikely to continue in existence.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the organisation. The officials 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.
TRUSTEES AND OFFICE BEARERS :
Cathy Lyon Gail Cruickshank
Sarah Geddes
Approved by the Trustees and signed on their behalf
LA— Cathy Lyon Trustee Date: 30th April 2026
Page 3
| |
ABERLOUR & CRAIGELLACHIE PRE SCHOOL NURSERY (SCIO) RECOGNISED CHARITY NUMBER : $C047098 INDEPENDENT ACCOUNTANT'S REPORT TO THE TRUSTEES FOR THE YEAR ENDED JULY 31ST 2025
| report on the financial statements on pages 5 to 7 which have been prepared under the historical cost convention and the accounting policies set out on page 8 and 9.
RESPECTIVE RESPONSIBILITIES OF THE TRUSTEES AND ACCOUNTANTS
|
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustees Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended), the Memorandum and Articles of Association, and Accounting and Reporting by Charities: statement of Recomended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard, applicable in the UK and Republic of Ireland (FRS102). The trusteess consider that the audit requirement of Regulation 10 (1) (a) to (c) 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 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 Charities Accounts (Scotland) Regulations 2006 (as amended). An examination includes a review of the accounting records kept by the charitable company and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the directors concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently | do not express an audit opinion on the view given by the accounts.
INDEPENDENT EXAMINER'S STATEMENT
In the course of my examination, no matter has come to my attention:
-
(1) which gives me reasonable cause to believe that in any material respect the requirements ; - to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and
-
to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulation
have not been met, or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
----- Start of picture text -----
fi
----- End of picture text -----
Roy J Laing MAAT, (partner in the firm of)
Anne A. Laing, Chartered Accountants Lavona, Cailcots, ELGIN, Moray IV30 8NB
Date... 30./4/rt
Page 4
|
ABERLOUR & CRAIGELLACHIE PRE SCHOOL NURSERY (SCIO) RECOGNISED CHARITY NUMBER : SC047098 STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED JULY 31ST 2025
| STATEMENT OF FINANCIAL ACTIVITIES | STATEMENT OF FINANCIAL ACTIVITIES | UNRESTRICTED | UNRESTRICTED |
|---|---|---|---|
| FUNDS | FUNDS | ||
| YEAR ENDED | YEAR ENDED | ||
| 31ST JULY | 31ST JULY | ||
| 2025 | 2024 | ||
| NOTE | £ | £ | |
| INCOMING RESOURCES | |||
| Charitable income | 3 | 138,565 | 164,578 |
| Investment Income | 4 | 1,301 | 1,626 |
| Total incoming resources | 139,866 | 166,204 | |
| RESOURCES EXPENDED | |||
| Direct charitable expenditure | 5 | 139,389 | 147,050 |
| Total resources expended | 139,389 | 141,050 | |
| Net incoming resources | 477 | 25,154 | |
| NET MOVEMENT IN FUNDS | |||
| Fund balance as at July 31st2024 | 256,531 | 231,377 | |
| FundbalancesasatJuly31st2025 | 257,008 | 256,531 |
The notes on pages 8 and 9 form part of these financial statements.
Page 5
3
ABERLOUR & CRAIGELLACHIE PRE SCHOOL NURSERY (SCIO) RECOGNISED CHARITY NUMBER : $C047098 BALANCE SHEET AS AT JULY 31ST 2025
:
| £ | £ | ||
|---|---|---|---|
| Note | |||
| CURRENT ASSETS | 6 | ||
| Bank Account | 132,494 | 131,193 | |
| Bank CurrentAccount | 128,458 | 130,195 | |
| 260,952 | 261,388 | ||
| CREDITORS | |||
| Amounts falling due within one year | |||
| Creditors and accruals | 7 | (3,944) | (4,857) |
| (3,944) | (4,857) | ||
| NETCURRENTASSETS | 257,008 | 256,531 | |
| FUND BALANCES | |||
| Unrestricted funds | 8 | 257,008 | 256,531 |
| TOTALFUNDS | 257,008 | 256,531 |
TRUSTEES' APPROVAL OF THE FINANCIAL STATEMENTS
On behalf of the trustees we approve these financial statements, which are set out on pages 5 to 9 for the year ended July 31st 2025 and confirm that we have made available all relevant records and information for their preparation.
Cathy Lyon Trustee
Date: 30th April 2026
The notes on page 8 and 9 form part of these financial statements.
Page 6
7 : | : :
ABERLOUR & CRAIGELLACHIE PRE SCHOOL NURSERY (SCIO) RECOGNISED CHARITY NUMBER : SC047098 STATEMENT OF CASHFLOWS FOR THE YEAR ENDED 31 JULY 2025
| 2025 | 2024 | |||
|---|---|---|---|---|
| £ | £ | |||
| Net movement in funds | 477 | 25,154 | ||
| Decrease/(increase) in debtors | 0 | 0 | ||
| Increase/(decrease) in creditors | (913) | 2,007 | ||
| (913) | 2,007 | |||
| increase in cash | ||||
| and cash equivalents in the year | (435) | 27,161 | ||
| Total cashand cash equivalents at | ||||
| the beginning of the year | 261,388 | 234,227 | ||
| Total cash and cash equivaients at | ||||
| the end ofthe year | 260,952 | 261,388 | ||
| Cash and cash equivalents consist of: | ||||
| Cashatbankandinhand | 260,952 | 261,388 |
Page 7
:
: FOR THE YEAR ENDED JULY 31ST | 1 ACCOUNTING POLICIES | Basis of accounting ) The Accounts are presented of accounting accounting and in : and Accounting and
!
ABERLOUR & CRAIGELLACHIE PRE SCHOOL NURSERY (SCIO) RECOGNISED CHARITY NUMBER : SC047098 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED JULY 31ST 2025
The Accounts are presented in Sterling £ and have been prepared on the historical cost basis of of accounting accounting and in accordance with the Charities Accounts (Scotland) Regulations 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 (FRS102).
Income and expenditure
|:
|
income has been taken account of using an accruals basis, with pledges, covenants and recoverable being accounted for in the period they relate to rather than when received. Expenditure has been similarly charged to the revenue account.
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|2025|2024|
|PARTICULARS OF EMPLOYEES OF EMPLOYEES EMPLOYEES|
|The|aggregate|payroil|costs|of the|above|were:|
|Salaries|and|part-time wages|123,252|124,646|
----- End of picture text -----
----- Start of picture text -----
2 PARTICULARS OF EMPLOYEES OF EMPLOYEES EMPLOYEES
----- End of picture text -----
In the year ended July 31st 2025 there were 6 employees (2024 5 employees)
No employee received remuneration greater than £60,000 in the year ended 31st July 2025. The charity considers its key management personnel comprises of the Trustees and the management. Total employment costs for the manager who is also a trustee including employer pension contributions were £49.996 in year ended 31st July 2025 and £47.790 in the year ended 31st July 2024. There was no remuneration for being a trustee.
Page 8
:
ABERLOUR & CRAIGELLACHIE PRE SCHOOL NURSERY (SCIO) RECOGNISED CHARITY NUMBER : $C047098 NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED JULY 31ST 2025
: :
| 2025 £ |
2024 £ |
||
|---|---|---|---|
| 3 | Charitable income | ||
| Fees earned | 4,904 | 4,175 | |
| Fundraising and Donations | 0 | 71 | |
| Moray Council | 133,661 | 160,332 | |
| Milk Scheme | 0 | 0 | |
| Snack income | 0 | 0 | |
| Sales of Sweatshirts | 0 | 0 | |
| Total | 138,565 | 164,578 | |
| 4 | Investment Income | 1,301 | 1,626 |
| 5 | Direct charitable expenditure | ||
| Staff Costs | 123,252 | 124,646 | |
| Snacks | 618 | 525 | |
| Milk cost | 456 | 642 | |
| Daily Running expenses | 7,255 | 8,535 | |
| Insurance | 471 | 483 | |
| Educational resources | 5,995 | 4,970 | |
| Professional Fees | 1,343 | 4,250 | |
| Purchase of Sweatshirts | 0 | 0 | |
| Total | 139,389 | 141,050 | |
| 6 | Cash and Cash Equivalents | ||
| Bank Account | 132,494 | 131,193 | |
| Bank CurrentAccount | 128,458 | 130,195 | |
| 260,952 | 261,388 | ||
| 7 | Creditors and accruals | (3,944) | (4,857) |
| 8 | Unrestrictedreserves | 257,008 | 256,531 |
The unrestricted reserves are designated by the trustees as a provision for redundancy and any equipment costs which could arise in the future.
Page 9