South Glas ow Childcare Partnershi Forum SCIO Financial Statements 31 March 2025 Charity Number SC048859 TBDunn&Co Chartered Certified Accountants Ground Floor (part) Unit 8000 Academy Business Park 51 Gower Street Glasgoiv G5J JPR
South Gla5 ow Childcare Partnershi Forum SCIO Financial Statements Year ended 31 March 2025 Contents Trustees Annual Report Ito3 Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 7toll The following pages do not form part of the financial statements Giggle N Grow Project Statement of Financial Activities 13 Forum Statement of Financial Activities 14
Soulh Glas ow Childcare Partnershi Foruln SCJO Trustees Annual Re Year ended 31 March 2025 The trnstees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting for Charities: Statement of Recomm¢nded PraGti¢¢ (SORP) applicable to charities preparing their accounts in accordance with the Financial Reportin8 Standard applicable in the UK and R¢public of Ireland (FRS 102) (effective l January 2015)- REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number SC048859 Cornpany number CS003715 Principal address 31 O Cumberland Street Glasgow G5 OSS Trustees The Trustees who served the charity during the year are as follows: Chairperson Treasurer STRUCTURE, GOVERNANCE AND MANAGEMENT Legal Status The Forum is a Scottish Charitable Incorporated Organisation (SCIO) (Charity number SC048859) and is governed by its constitution. Lt is administered by the Management Committee. elected by the members. All members are from the local comrnunity and service providers. Rlsk Management The Iru5tee5 have a duty to identify and review the risks to which the charity is exposed and lo ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
South Glas ow Childcare Partnershi Forum SCIO Trustees Annual Re ort Year ended 31 Mareh 2025 Continued Aims of the Forum South Glasgow Childcare Partnership Forum SCIO aims to.. Promote the care and education of children in the South of Glasgow. Promote the exchange of inforniation, opinion, expertise and experience among parents, the community and the diverse organisations which affect the quality of life in the community for children and their families. Engage in structures, which will make a positive contribution to policy making, and implementation as it affects children. Raise and manage funds and other resources, where appropriate, as It affect5 provision for children. Participate in other fomis of community activity, which the group deoides to be of benefit to children and their families. Review of Developments, Activities and Achievements The Management Committee of the Forum would like to thank all its members for their support. We would like to welcome all new members and look forward to continuing to support and promote quality childcare in the south side of Glasgow. The financial results are set out in the attached accounts. During the year the Forum had net incoming resources of £12.318 (2024.. £38,126) and funds carried forward a5 at 31 March 2025 totalled £130,500 (2024.. £118,182). Reserves policy Reserves are held at a level which will enable the charity to continue its objectives. STATEMENT OF TRUSTEES RESPONSIBILITIES The trustees ar¢ responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in Scotland, the Charities and Trust¢¢ Investment (Scotland) Act 2005. Charities Accounts (Scotland) Regulation5 2006 and the provisions of the charity's constitution 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 those financial statements, the trustee5 are required to Select suitable accountin8 policies and then apply them consistently. observe the methods and principles in the Charity SORP. make judgements and estimates that are reasonabl¢ and prudent. prepare the financial statement5 on the going concem basis unless it is inappropriate to presume that th¢ charity will continue in business.
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Soulh Glas ow Childcare Partnershi Forum ci Inde endent Examiner's Re ort to the Trustees I report on the accounts for the year ended 31 March 2025 set out on pages five to eleven. The charity's trustee5 are responsible for the preparation of the accounts in accordance with the ternis of the Charities and Trustee Invc5ttnent (Scotland) Act 2005 and the Charilies Accounts (Scotland) Regulations 2006. The charity's trustees consider that the audit requirement of Regulation l O( l )(a) to (c) of the Accounts Regulations do¢s not apply, It is my r¢sponsibilily to examine the accounts as required under Section 44(1)(c) ot the Act and to state whether particular marters have come to my attention. Basis of the independent examiner's report My examination was carried out in accordance with Regulation I l of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity 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 you as truslees conceming any such matters. The pi'ocedures undertaken do not provide all the evidence that would be required in an audit, and consequ¢ntly I do not express an audit opinion on the view given by th¢ accounts. Independent exllminer's statement In Connection with my examination, no matter has corne to my attention,, (i) which gives me reasonable cause to believe that, in any material respect, the requirements to keep aOuntIng Tecords in accordance with Section 44(1)(a) of the 2005 Act and Rcgulalion 4 of the 2006 Account5 Regulations. and to prepar¢ accounts which accord with the accounting records and lo comply with Regulation 8 of the 2006 Accounts Regulations have not been mel. or (2) to which, in my opinion, attention should be drawn in order to enable a proper Und¢tanding of the accounts to be Teached. TBDunn&Co Ground Floor (part) Unit 8000 Academy Business Park 51 Gower Street G51 IPR
South Glas ow Childcare Partnershi Forum SCIO Statement of Financial Activities Year ended 31 March 2025 Unrestricted Restricted Funds Funds Total Funds 2025 Total Funds 2024 Note Incomin Resources Grants receivable Other incorne 152,974 152,974 179,760 10,524 10,865 10,524 Total Incomin Resources 10,524 152,974 163,498 190.625 Resources Ex ended Direct charitable expenditure Management and administration 136,126 15,054 136,126 136.085 15,054 16,414 Total Resources Ex ended 151,180 151,180 152,499 Net incomin resources before transfers 10,524 1,794 12,318 38,126 Transfer between funds (10,524) 10,524 Net ineomin ear resource5 for the 12,318 12,318 38,126 Reconciliation of funds Balance brought forward at l April 2024 118,182 118,182 80,056 Balances carried forward at 31 March 2025 The Charity has no recognised gains or losses other than the results for the year as set out above. All of the activities of the Charity are classed as continuing. The notes on page5 7 to I I forni part of these financial statements.
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South Glas ow Childcare Partnershi Forum SCIO Notes to the Financial Statements Year ended 31 March 2025 ACCOUNTING POLICIES Accounting conventio The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities and Trustee Investment (Scotland) Act 2005 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities. Ineorning resources All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income.. Grants are recognised when the related conditions for legal entitlement to the grant have been met. Investment income is accounted for on an accruals basis, Resources expended Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. The following specific policies are applied ¢0 particular categori¢s of expenditure.. Costs of generating funds comprise the costs associated with dispensing services of the charity. Governance Costs include those costs associated with meeting the constitutional and statutory requirement5 of the charity. Tangible fix¢d assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful lif¢. Fixtures and fittings Computer equipment 200/0 on cost 33.330/0 on cost and 25% on reducing balance Taxation The chaTity is exempt from tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the object5 Of the charity. Restrictions arise when specified by the donor or when ndS are raised for particular restricted purposes. Further explanation of the nature and purpose of each nd is included in the notes to the financial statements.
South Glas ow Childcare Partnershi Forum SCIO Notes to the Financial Statements Year ended 31 March 2025 GRANTS RECEIVABLE Unrestricted Restricted Funds Funds Total Funds 2025 Total Funds 2024 Glasgow City Council GCC- Training Garfield Weston Big Lottery Fund New Gorbals Housing Rainton Construction Culture & Sport 90,554 250 90,554 250 97,166 15,000 47,900 18,944 39,795 15,480 5,000 1,895 39,795 15,480 5,000 1,895 750 OTHER INCOME Unrestricted Restricted Funds FUd5 Total Funds 2025 Total Funds 2024 Miscellaneous income 10,524 10,524 10,865
South Glas ow Childcare Partnershi Forum SCIO Notes to the Financial Statements Year ended 31 March 2025 COSTS IN FURTHERANCE OF CHARITABLE OBJECTS Unrestricted Restrieted Funds Funds Total Funds 2025 Total Funds 2024 Provision of charitable services: Giggle N Grow Forum 136.786 136,786 136,056 29 Analysis of provision of charitable services: Staff Costs Other Costs Total 2025 Total 2024 Gtggle N Grow Forum MANAGEMENT AND ADMINISTRATION Unrestricted Restricted Funds Funds Total Funds 2025 Total Funds 2024 Office Costs Accountancy fees 12,557 1,837 12,557 1,837 14,614 1,800 TOTAL RESOURCES EXPENDED Staff Costs De Other Costs reciation Total 2025 Total 2024 Direct charitable expenditure Management and Administration 96,544 40,242 136,786 136,085 949 13,445 14,394 16,414
South Glas ow Child¢are Partnershi Forum SCIO Notes to the Financial Statements Year ended 31 March 2025 The aggregate payroll costs were.. 2025 2024 Wages and salaries National Insurance costs Pension contributions 95,855 88,624 689 465 The average number of employees during the year was- No employee received remuneration of £60,000 or more, OPERATING PROFIT Operating profit is stated after charging.. 2025 2024 Depreciation TANGIBLE FIXED ASSETS Cost At l April 2024 Additions 19,168 1,636 At 31 March 2025 De reciation At l April 2024 Charge for the year 17,059 949 At 31 March 2025 Net Book Value At 31 March 2025 At 31 March 2024 io
South Glas ow Childcare Partnershi Forum SCIO Notes to the Financial St2tem¢nts Year ended 31 March 2025 DEBTORS 2025 2024 Other debtors 461 10. CREDITORS.. Amounts falling due within one year 2025 2024 Accruals 1,800 1,800 I I. NET ASSETS BY FUND Unrestricted Restricted Fund5 Funds Total 2025 Total 2024 Fixed Assets 2,796 2,796 2,110 Current Assets Debtor and prepayments Cash at bank and in hand 9.461 120.043 9,461 120,043 4,455 113,417 Current Liabilities Creditors and accruals (1,800) (1,800) (1,800) Net Assets 12. RESTRICTED FUNDS Movement in resources: Incomi oin Balanee at 31 March 2025 l A ril 2024 Transfers Giggle N Grow Fund The Giggle N Grow Fund is to help fund Giggle N Grow events and packs for children in the South Side of Glasgow
South Glas ow Childcare Partnershi Forum SCIO Mana ement Information Year ended 31 March 2025 The following pages do not form part of the statutory financial statements which are the subject of the independent examiner's report on pages I to 11. 12
South Glas ow Childcare Partnershi Forum SCIO le N Grow Statement of Financial Activitie5 Year ended 31 March 2025 2025 2024 INCOME Grants receivable Sundry receipts 147,974 10,524 174,760 10,865 TOTAL INCOME 158,498 185,625 CHARITABLE EXPENDITURE Wages and salaries Other direct charitable costs Staff training Merchandise 96,544 39,282 89.089 34.936 384 11,647 960 136,786 136,056 MANAGEMENT AND ADMINISTRATION Telephone Admin, post and stationery Accountancy fees Travel Depreciation Insurance Sundry expenses Bank charges 1,032 4,851 918 2,202 863 795 20 1,235 5.801 900 3.783 523 668 10,686 12,910 TOTAL EXPENDITURE NET INCOMINGI(OUTGOING) RESOURCES FOR THE YEAR 13
South Glas ow Childcare Partnershi Forum SCIO Forum Statement of Financial Activitie5 Year ended 31 March 2025 2025 2024 INCOME Grants receivable 5,000 5,000 TOTAL INCOME 5,000 5,000 CHARITABLE EXPENDITURE Other direct charitable costs 29 29 MANAGEMENT AND ADMINISTRATION Admin, post and stationery Accountancy fees Depreciation 2,703 918 87 2,577 900 27 3,708 3,504 TOTAL EXPENDITURE NET INCOMING RESOURCES FOR THE YEAR 14