IRIS Accounts Productionv24.1.0.578OtherCompany accountsTruefalsePounds1.8.2231.7.2331.7.23FYFRS 102Independent examinerSmall companies regime for accountsFullCharities SORPtruefalsetruetruetruefalsetruefalsefalse iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC4068482022-07-31SC4068482023-07-31SC4068482022-08-012023-07-31SC4068482021-07-31SC4068482021-08-012022-07-31SC4068482022-07-31SC406848ns0:CharitableCompanyLimitedByGuarantee2022-08-012023-07-31SC406848ns15:PoundSterling2022-08-012023-07-31SC406848ns11:FRS1022022-08-012023-07-31SC406848ns11:IndependentExaminationCharity2022-08-012023-07-31SC406848ns11:SmallCompaniesRegimeForAccounts2022-08-012023-07-31SC406848ns11:FullAccounts2022-08-012023-07-31SC406848ns11:CharitiesSORP2022-08-012023-07-31SC40684822022-08-012023-07-31SC406848ns0:Trustee22022-08-012023-07-31SC406848ns0:Trustee32022-08-012023-07-31SC406848ns0:Trustee12022-08-012023-07-31SC406848ns0:Trustee42022-08-012023-07-31SC406848ns0:Trustee52022-08-012023-07-31SC406848ns0:Trustee62022-08-012023-07-31SC406848ns0:Trustee72022-08-012023-07-31SC406848ns0:Trustee82022-08-012023-07-31SC406848ns0:Trustee92022-08-012023-07-31SC406848ns0:Trustee102022-08-012023-07-31SC406848ns0:Trustee112022-08-012023-07-31SC406848ns0:Trustee122022-08-012023-07-31SC406848ns0:Trustee132022-08-012023-07-31SC406848ns11:RegisteredOffice2022-08-012023-07-31SC406848ns0:Activity82022-08-012023-07-31SC406848ns0:Activity82021-08-012022-07-31SC406848ns10:WithinOneYear2023-07-31SC406848ns10:WithinOneYear2022-07-31SC406848ns0:TotalUnrestrictedFunds2023-07-31SC40684822022-08-012023-07-31SC40684832022-08-012023-07-31SC406848ns10:OwnedAssets2022-08-012023-07-31SC406848ns10:OwnedAssets2021-08-012022-07-31SC406848ns10:FurnitureFittings2022-07-31SC406848ns10:ComputerEquipment2022-07-31SC406848ns10:FurnitureFittings2022-08-012023-07-31SC406848ns10:ComputerEquipment2022-08-012023-07-31SC406848ns10:FurnitureFittings2023-07-31SC406848ns10:ComputerEquipment2023-07-31SC406848ns10:FurnitureFittings2022-07-31SC406848ns10:ComputerEquipment2022-07-31

REGISTERED COMPANY NUMBER: SC406848 (Scotland)

REGISTERED CHARITY NUMBER: SC022014














Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 July 2023


for



Wardie After School Club



Wardie After School Club








Contents of the Financial Statements

for the Year Ended 31 July 2023






Page




Reference and Administrative Details  

1




Report of the Trustees  

2


to


3



Independent Examiner's Report  

4




Statement of Financial Activities  

5




Balance Sheet  

6




Notes to the Financial Statements  

7


to


11



Wardie After School Club



Reference and Administrative Details

for the Year Ended 31 July 2023





TRUSTEES

Robert Mansell (resigned 16.11.22)


Louise Towers


Ciara Mitchell (resigned 8.3.23)


Louise Margaret Boldy (resigned 14.8.23)


Georgios Maistros


Kelly Ann Falconer (resigned 22.11.23)


Louise Killough (appointed 16.11.22) (resigned 22.11.23)


Rebecca Bendrey (appointed 16.11.22)


Sarah Sinclair (appointed 16.11.22)


Gillian McCrum (appointed 16.11.22) (resigned 16.11.22)


Amanda Michelle Graham (appointed 22.11.23)


Helen Jane Hunter (appointed 22.11.23)


Pamela Kay Milne (appointed 22.11.23)


Jennifer Agnew (appointed 22.11.23)




REGISTERED OFFICE

103 Granton Road


Edinburgh


EH5 3NJ




REGISTERED COMPANY NUMBER

SC406848 (Scotland)




REGISTERED CHARITY NUMBER

SC022014




INDEPENDENT EXAMINER

A H & Co Ltd


Chartered Accountants


6 Logie Mill


Edinburgh


Lothian


EH7 4HG



Wardie After School Club (Registered number: SC406848)



Report of the Trustees

for the Year Ended 31 July 2023



The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2023. The trustees have adopted the provisions of 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 and Republic of Ireland (FRS 102) (effective 1 January 2019).


OBJECTIVES AND ACTIVITIES

Objectives and aims

The objectives of the charity are:

(a) to promote the care and education of children in need of care during out of school hours and school holidays. To promote the provision of facilities for the recreation and other leisure time occupation of such children in the interest of social welfare with the object of improving their conditions of life.

(b) to advance the education and training of persons providing such care and education and recreational facilities.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

The charity has continued to provide childcare. Control visits are carried out by the Care Inspectorate. All inspections have been passed, indicating the club is performing to a high standard.

FINANCIAL REVIEW

Principal funding sources

The company received total income in the year of £85,738 (2022: £82,261). Total available unrestricted funds at 31 July 2023 were £21,426 (2022: £24,889).

Reserves policy

Reserves will be maintained to ensure that the charity can meet its charitable obligations. Funds held in excess of these requirements will be expended in accordance to the charity's objectives. It is the charity's policy to endeavour to retain sufficient reserves to cover 3 months expenditure which is calculated to be £22,300 (2022: £20,397).

FUTURE PLANS

The trustees plan to continue providing after school and holiday care for primary school aged children. There are no changes anticipated. The trustees recognise that the pandemic faced in previous years had a direct impact on the ability of the charity to operate and deliver the level of services seen in pre-pandemic years. Unfortunately, fees income continues to be impacted because of the long-lasting changes in working arrangements and in the working patterns of parents and carers that use its services. However, demand for its services is increasing (albeit slowly) and the charity aims to hold sufficient reserves to cover three months' expenditure. It will continue to apply for external support and grants where applicable to help the charity in its slow transition back to pre-pandemic levels of operation.


STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The organisation is a charitable company limited by guarantee, incorporated on 6th September 2011. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association.


Recruitment and appointment of new trustees

The trustees are appointed by the Board of Trustees in accordance with the Constitution. New trustees are selected from current members at the AGM. Members are the parents of children currently attending the club.

Organisational structure

The charity has a board of six trustees who meet on a quarterly basis are responsible for the strategic direction and policy of the charity. The trustees are parents of children attending the club and come from a variety of professional and other backgrounds relevant to the work of the charity.

The day to day administration and operation of the charity is delegated to the club manager, Victoria Hannah, who is assisted by the afterschool club staff.



Wardie After School Club (Registered number: SC406848)



Report of the Trustees

for the Year Ended 31 July 2023



STRUCTURE, GOVERNANCE AND MANAGEMENT

Induction and training of new trustees

Trustees are already familiar with the practical work of the charity.

New trustees joining the Board are provided with induction information and given an appropriate briefing on their obligations under charity and company law, as well as the contents of the memorandum and articles of association. Trustees are provided with a copy of the Office of Scottish Charity Regulator's (OSCR) 'Guidance for Charity Trustees' and all current trustees have received briefing sessions relating to their duties under the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended).

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


Approved by order of the board of trustees on 23 April 2024 and signed on its behalf by:






Georgios Maistros - Trustee


Independent Examiner's Report to the Trustees of

Wardie After School Club (Registered number: SC406848)


I report on the accounts for the year ended 31 July 2023 set out on pages five to eleven.


Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees 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 the independent examiner's report

My examination was 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 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 trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.


Independent examiner's statement

In connection with 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 to comply with Regulation 8 of the 2006 Accounts Regulations


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.









Paul Mannings CA

The Institute of Chartered Accountants of Scotland


A H & Co Ltd

Chartered Accountants

6 Logie Mill

Edinburgh

Lothian

EH7 4HG


23 April 2024



Wardie After School Club



Statement of Financial Activities

(Incorporating an Income and Expenditure Account)

for the Year Ended 31 July 2023


31.7.23

31.7.22


Unrestricted



fund

Total funds



Notes

£

£

INCOME AND ENDOWMENTS FROM


Fund generating activities

3

85,649


79,554


Investment income

4

89


6


Other income

-


2,701


Total

85,738


82,261



EXPENDITURE ON

Charitable activities

5

After school club

89,201


81,587



NET INCOME/(EXPENDITURE)

(3,463

)

674




RECONCILIATION OF FUNDS

Total funds brought forward

24,889


24,215



TOTAL FUNDS CARRIED FORWARD

21,426


24,889




Wardie After School Club (Registered number: SC406848)



Balance Sheet

31 July 2023


31.7.23

31.7.22


Unrestricted



fund

Total funds



Notes

£

£

FIXED ASSETS


Tangible assets

10

424


31



CURRENT ASSETS


Debtors

11

54


42


Cash at bank and in hand

23,721


27,631


23,775


27,673



CREDITORS


Amounts falling due within one year

12

(2,773

)

(2,815

)


NET CURRENT ASSETS

21,002


24,858



TOTAL ASSETS LESS CURRENT LIABILITIES

21,426


24,889



NET ASSETS

21,426


24,889


FUNDS

13

Unrestricted funds

21,426


24,889


TOTAL FUNDS

21,426


24,889



The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to small charitable companies subject to the small companies regime.



The financial statements were approved by the Board of Trustees and authorised for issue on 23 April 2024 and were signed on its behalf by:






Georgios Maistros - Trustee



Wardie After School Club



Notes to the Financial Statements

for the Year Ended 31 July 2023


1.

STATUTORY INFORMATION



The Wardie After School Club is an incorporated charity, limited by guarantee, registered in Scotland. The charity's registered number and registered office address can be found on the Company Information page.


2.

ACCOUNTING POLICIES



Basis of preparing the financial statements


The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable in the UK and Republic of Ireland (FRS 102)  (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The financial statements have been prepared under the historical cost convention.



Income


All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.



Expenditure


Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost 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.



Tangible fixed assets

Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Fixtures and fittings - 25% per annum
Computer equipment - 25% per annum

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Taxation
The charity is exempt from corporation 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 objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.


Pension costs and other post-retirement benefits


The charitable company operates a defined contribution pension scheme.  Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.



Exemption from preparing a cash flow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small charitable company.

Financial Instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.




Wardie After School Club



Notes to the Financial Statements - continued

for the Year Ended 31 July 2023


2.

ACCOUNTING POLICIES - continued


Provisions
Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the balance sheet date, taking into account the risks and uncertainties surrounding the obligation.

3.

FUND GENERATING ACTIVITIES

31.7.23

31.7.22



£

£


Fee income

85,649


79,554




4.

INVESTMENT INCOME

31.7.23

31.7.22



£

£


Deposit account interest

89


6




5.

CHARITABLE ACTIVITIES COSTS

Support



Direct

costs (see



Costs

note 6)

Totals


£

£

£



After school club

86,228


2,973


89,201




6.

SUPPORT COSTS

Governance



Finance

costs

Totals



£

£

£


After school club

90


2,883


2,973




7.

NET INCOME/(EXPENDITURE)



Net income/(expenditure) is stated after charging/(crediting):



31.7.23

31.7.22



£

£


Depreciation - owned assets

156


399




8.

TRUSTEES' REMUNERATION AND BENEFITS


There were no trustees' remuneration or other benefits for the year ended 31 July 2023 nor for the year ended 31 July 2022.



Trustees' expenses


There were no trustees' expenses paid for the year ended 31 July 2023 nor for the year ended 31 July 2022.




Wardie After School Club



Notes to the Financial Statements - continued

for the Year Ended 31 July 2023


9.

STAFF COSTS



The average monthly number of employees during the year was as follows:


31.7.23

31.7.22



Staff

7


7




No employees received emoluments in excess of £60,000 (2022: None).

10.

TANGIBLE FIXED ASSETS

Fixtures



and

Computer



fittings

equipment

Totals



£

£

£


COST


At 1 August 2022

5,727


1,875


7,602




Additions

549


-


549




At 31 July 2023

6,276


1,875


8,151




DEPRECIATION


At 1 August 2022

5,702


1,869


7,571




Charge for year

150


6


156




At 31 July 2023

5,852


1,875


7,727




NET BOOK VALUE


At 31 July 2023

424


-


424




At 31 July 2022

25


6


31




11.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.23

31.7.22



£

£


Prepayments

54


42




12.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.23

31.7.22



£

£


Trade creditors

-


190




Social security and other taxes

735


568




Other creditors

382


479




Accrued expenses

1,656


1,578



2,773


2,815




13.

MOVEMENT IN FUNDS

Net



movement



At 1.8.22

in funds

At 31.7.23


£

£

£



Unrestricted funds


General fund

24,889


(3,463

)

21,426





TOTAL FUNDS

24,889


(3,463

)

21,426





Wardie After School Club



Notes to the Financial Statements - continued

for the Year Ended 31 July 2023


13.

MOVEMENT IN FUNDS - continued



Net movement in funds, included in the above are as follows:


Incoming

Resources

Movement


resources

expended

in funds


£

£

£



Unrestricted funds


General fund

85,738


(89,201

)

(3,463

)




TOTAL FUNDS

85,738


(89,201

)

(3,463

)





Comparatives for movement in funds


Net



movement



At 1.8.21

in funds

At 31.7.22


£

£

£



Unrestricted funds


General fund

24,215


674


24,889





TOTAL FUNDS

24,215


674


24,889





Comparative net movement in funds, included in the above are as follows:


Incoming

Resources

Movement


resources

expended

in funds


£

£

£



Unrestricted funds


General fund

82,261


(81,587

)

674





TOTAL FUNDS

82,261


(81,587

)

674





A current year 12 months and prior year 12 months combined position is as follows:


Net



movement



At 1.8.21

in funds

At 31.7.23


£

£

£



Unrestricted funds


General fund

24,215


(2,789

)

21,426





TOTAL FUNDS

24,215


(2,789

)

21,426





A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:


Incoming

Resources

Movement


resources

expended

in funds


£

£

£



Unrestricted funds


General fund

167,999


(170,788

)

(2,789

)




TOTAL FUNDS

167,999


(170,788

)

(2,789

)




Wardie After School Club



Notes to the Financial Statements - continued

for the Year Ended 31 July 2023


14.

RELATED PARTY DISCLOSURES


There were no related party transactions for the year ended 31 July 2023 (2022: None).

15.

ULTIMATE CONTROLLING PARTY


There is no ultimate controlling party.