Caseware UK (AP4) 2023.0.135 2023.0.135 Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-31353145310291091212894370464568590859623542024-03-312023-04-01falseNo description of principal activity88 SC230854 2023-04-01 2024-03-31 SC230854 2022-04-01 2023-03-31 SC230854 2024-03-31 SC230854 2023-03-31 SC230854 2023-04-01 SC230854 2022-04-01 SC230854 c:RegisteredOffice 2023-04-01 2024-03-31 SC230854 d:Buildings 2023-04-01 2024-03-31 SC230854 d:Buildings 2024-03-31 SC230854 d:Buildings 2023-03-31 SC230854 d:MotorVehicles 2023-04-01 2024-03-31 SC230854 d:MotorVehicles 2024-03-31 SC230854 d:MotorVehicles 2023-03-31 SC230854 d:FurnitureFittings 2023-04-01 2024-03-31 SC230854 d:FurnitureFittings 2024-03-31 SC230854 d:FurnitureFittings 2023-03-31 SC230854 d:CurrentFinancialInstruments 2024-03-31 SC230854 d:CurrentFinancialInstruments 2023-03-31 SC230854 c:FRS102 2023-04-01 2024-03-31 SC230854 c:IndependentExaminationCharity 2023-04-01 2024-03-31 SC230854 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC230854 b:Trustee1 2023-04-01 2024-03-31 SC230854 b:Trustee2 2023-04-01 2024-03-31 SC230854 b:Trustee3 2023-04-01 2024-03-31 SC230854 b:Trustee4 2023-04-01 2024-03-31 SC230854 b:Trustee5 2023-04-01 2024-03-31 SC230854 b:Trustee6 2023-04-01 2024-03-31 SC230854 b:UnrestrictedFundsGeneral 2023-04-01 2024-03-31 SC230854 b:RestrictedIncomeFunds 2023-04-01 2024-03-31 SC230854 b:RestrictedIncomeFunds 2022-04-01 2023-03-31 SC230854 b:TotalEndowmentFunds 2023-04-01 2024-03-31 SC230854 b:TotalEndowmentFunds 2022-04-01 2023-03-31 SC230854 b:RestrictedIncomeFunds 2024-03-31 SC230854 b:RestrictedIncomeFunds 2023-03-31 SC230854 b:TotalEndowmentFunds 2024-03-31 SC230854 b:TotalEndowmentFunds 2023-03-31 SC230854 b:Activity1 2023-04-01 2024-03-31 SC230854 b:Activity1 2022-04-01 2023-03-31 SC230854 b:Activity1 b:TotalEndowmentFunds 2023-04-01 2024-03-31 SC230854 b:TotalUnrestrictedFunds 2024-03-31 SC230854 b:TotalUnrestrictedFunds 2023-03-31 SC230854 b:TotalRestrictedIncomeFunds 2024-03-31 SC230854 b:TotalRestrictedIncomeFunds 2023-03-31 SC230854 c:FullAccounts 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: SC230854
Charity number: SC015115














BRECHIN DAY CARE LIMITED
(A company limited by guarantee)
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

 
BRECHIN DAY CARE LIMITED
 
(A company limited by guarantee)
 

CONTENTS



Page
Reference and administrative details of the Company, its Trustees and advisers
1
Trustees' report
2 - 4
Independent examiner's report
5
Statement of financial activities
6
Balance sheet
7 - 8
Notes to the financial statements
9 - 23

 
BRECHIN DAY CARE LIMITED
 
(A company limited by guarantee)
 

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2024


Trustees
Lady Dalhousie, Honorary President
Mr J Houston, Chair
Mr M Coates
Ms C Scrimgeour
Ms K Ramsay
Mrs N Short, Treasurer

Company registered number
SC230854

Charity registered number
SC015115

Registered office
The Dalhousie Centre
102 High Street
Brechin
Angus
DD9 6HE

Accountants
EQ Accountants Limited
Chartered Accountants
Westby
64 West High Street
Forfar
Angus
DD8 1BJ

Page 1

 
BRECHIN DAY CARE LIMITED
 
(A company limited by guarantee)
 
  
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2024

The Trustees present their annual report together with the financial statements of the Brechin Day Care Limited for the  1 April 2023 to 31 March 2024The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). 
 

Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
 

Objectives and activities
 

a. Policies and objectives
 

The principal objects of the company are to relieve the needs of older residents in Brechin and District living with any mental or physical disability, illness or impairment by providing them with day care and including mental and physical stimulation, all with a view to enhancing their quality of life and allowing them to remain within the community and to provide respite for carers of those attending day care, thus allowing care to continue for longer than otherwise may be the case.
Transport to and from the centre is provided in two vehicles, adapted to carry disabled people.
 

Achievements and performance
 

a. Main achievements of the Company
 

Throughout the year the Centre has continued to provide a full service to its members, both private and funded and continues provide valuable support respite to carers. The Centre continues to advertise to the community what it can offer to its members and their families. This has been successful and the range of activities provided to the members has increased particularly in the range of outside visits that are undertaken.
The Centre has continued to build its links with the local community and businesses and clubs. The Centre undertook a process of refurbishment including repainting and the purchase of new furniture and blinds.
The Centre has now taken over the running of the Dalhousie Centre Charity Shop which is run by volunteers and provides an income for the Centre. 
 

Page 2

 
BRECHIN DAY CARE LIMITED
 
(A company limited by guarantee)
 
Financial review
 

a. Going concern
 

The Trustees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
 

b. Reserves policy
 

The Trustees have established a policy so that the charity has sufficient unrestricted funds to cope with a short term withdrawal of funding. It is thought that six months of normal expenditure is a reasonable target for unrestricted reserves levels. The unrestricted reserves total £185,232 (2023 - £226,551), of which £19,378 is liquid reserves.
The unrestricted reserves also include designated reserves of £40,757 to cover the maintenance of property, such as possible roof repairs, major plumbing work or external painting costs (2023 - £40,948). The designated funds also include a reserve of £4,700 (2023 - £4,700) for replacement of the minibus. These reserves will also contribute to running costs, should the grant revenue from Angus Council cease.
Restricted reserves of £4,298 (2023 - £11,177) comprise of funds held for the Patio project of £1,177 and centre refurbishment of £3,121.
 
 

Structure, governance and management
 

a. Constitution
 

Brechin Day Care Limited is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association on 26/04/2002.
 

b. Methods of appointment or election of Trustees
 

The management of the Company is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association.
 

c. Organisational structure and decision-making policies
 

The centre is run by a voluntary management committee, which receives an annual amount from Angus Council to cover staff and basic transport costs.  There are 5 committee members who have voting rights and 1 non-voting member (the honorary president).  Committee meetings are held monthly. The manager, depute, a member representative and carer representative attend in an advisory capacity.
The management is representative of the community it serves.  It comprises a mixture of professional and business people, other members of the community, retired and working people.
There are monthly meetings between members and staff and relevant points of concern are shared with the management committee.
The day care manager sees to the day-to-day running of the centre with the assistance and support of the honorary secretary.  The administrator sees to the day-to-day finances with assistance and support of the honorary treasurer.
 

Page 3

 
BRECHIN DAY CARE LIMITED
 
(A company limited by guarantee)
 
Structure, governance and management (continued)

d. Financial risk management
 

The Trustees are aware of the financial pressures following on from the Covid-19 pandemic and the recent general inflationary pressures and the substantial increase in energy costs. Further they are aware of the major risk that funding from Angus Council may continue to decline as in the past and in particular as the support offered to the members has altered due to the current restrictions. The Trustees are fully aware of the possible impact of these pressures and keep a close eye on the levels of expenditure whilst maintaining the best possible level of care and support to its members.
We are currently looking into several initiatives to increase income and are applying to various organisations for grant assistance.
 

Trustees' liability
 

The trustees of the Company guarantee to contribute an amount not exceeding £1 to the assets of the Company in the event of winding up.
 

Statement of Trustees' responsibilities
 

The Trustees (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).


Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure, 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 of the Charities SORP (FRS 102);
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards (FRS 102) 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 Company will continue in business.


The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.


 

Approved by order of the members of the board of Trustees on 30 October 2024 and signed on their behalf by:
 




Mr J Houston
Chair
Page 4

 
BRECHIN DAY CARE LIMITED

(A company limited by guarantee)
 

 
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2024

Independent examiner's report to the Trustees of Brechin Day Care Limited
 
I report on the accounts of the company for the year ended 31 March 2024 which are set out on pages 6 to 23.

Respective responsibilities of Trustees and examiner

The trustees, who are also directors of the company for the purposes of company law, are responsible for the preparation of the financial statements in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 ('the Act') and the Charities Accounts (Scotland) Regulation 2006 ('the Accounts Regulations'). The 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 financial statements 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 was carried out in accordance with regulation 11 of the Accounts Regulations. An examination includes a review of the accounting records kept by the company and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, 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 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 Act and regulation 4 of the Accounts Regulations; and

to prepare financial statements which accord with the accounting records, Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard in the UK and Republic of Ireland (FRS 102) and in other respects comply with regulation 8 of the Accounts Regulations

have not been met; or

2.
to which, in my opinion, attention should be drawn in order to enable proper understanding of the financial statements to be reached.


This report is made solely to the company's Trustees, as a body, in accordance with regulation 11 of the Charities Accounts (Scotland) Regulations 2006My work has been undertaken so that I might state to the company's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the company's Trustees as a body, for my work or for this report.


Signed:                    Dated: 31 October 2024

Angela Haig     CA CTA

EQ Accountants Limited
Chartered Accountants
Westby
64 West High Street
Forfar
Angus
DD8 1BJ
Page 5

 
BRECHIN DAY CARE LIMITED
 
(A company limited by guarantee)


 
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2024


Restricted funds
2024
Unrestricted funds
2024
Total
funds
2024
Total
funds
2023
Note
        £
        £
        £
        £

Income from:







Donations and legacies

3

4,649

186,078

190,727

182,119
 
Charitable activities

4

-

19,235

19,235

17,110
 
Other trading activities

5

-

20,045

20,045

18,444
 
Investments

6

-

816

816

89
 
Total income
4,649
226,174
230,823
217,762
Expenditure on:







Raising funds

7

-

2,928

2,928

2,126
 
Charitable activities

8

1,548

264,545

266,093

237,555
 
Total expenditure
1,548
267,473
269,021
239,681

Net income/(expenditure)

  

3,101

(41,299)

(38,198)

(21,919)
 
Transfers between funds

 17 

20

(20)

-

-
 
Net movement in funds
  
3,121
(41,319)
(38,198)
(21,919)

Reconciliation of funds:

  





Total funds brought forward

  

1,177

226,551

227,728

249,647
 
Net movement in funds

  

3,121

(41,319)

(38,198)

(21,919)
 
Total funds carried forward
  
4,298
185,232
189,530
227,728

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 9 to 23 form part of these financial statements.

Page 6

 
BRECHIN DAY CARE LIMITED
 
(A company limited by guarantee)
REGISTERED NUMBER: SC230854


 
BALANCE SHEET
AS AT 31 MARCH 2024


2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 13 
162,325
173,578

  
162,325
173,578

Current assets
  

Debtors
 14 
2,877
6,718

Investments
 15 
30,472
29,656

Cash at bank and in hand
  
16,501
26,073

  
49,850
62,447

Creditors: amounts falling due within one year
 16 
(22,645)
(8,297)

Net current assets 
  
 
 
27,205
 
 
54,150

Total net assets 
  
189,530
227,728


Charity funds
  

Restricted funds
 17 
4,298
1,177

Unrestricted funds
 17 
185,232
226,551

Total funds
  
189,530
227,728

Page 7

 
BRECHIN DAY CARE LIMITED
 
(A company limited by guarantee)
REGISTERED NUMBER: SC230854


 
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

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

The financial statements were approved and authorised for issue by the Trustees on 30 October 2024 and signed on their behalf by:




Mr J Houston
Chair



Mrs N Short
Treasurer

The notes on pages 9 to 23 form part of these financial statements.

Page 8

 
BRECHIN DAY CARE LIMITED

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Brechin Day Care Limited is a company limited by guarantee, incorporated in Scotland with the registration number SC230854.  The company is registered as a charity with OSCR charity number SC015115. The registered office is The Dalhousie Centre, 102 High Street, Brechin, Angus, DD9 6HE.


2.Accounting policies

  
2.1

Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Brechin Day Care Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

  
2.2

Income

All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

  
2.3

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

Page 9

 
BRECHIN DAY CARE LIMITED

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

  
2.4

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Company; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

 
2.5

Tangible fixed assets and depreciation

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following bases:

Property
-
2% straight line
Motor vehicles
-
20% straight line
Fixtures and fittings
-
10%/33.33% reducing balance

  
2.6

Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

  
2.7

Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.


2.8

Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

  
2.9

Financial instruments

The Company 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 with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Page 10

 
BRECHIN DAY CARE LIMITED

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

  
2.10

Pensions

The Company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Company to the fund in respect of the year.

  
2.11

Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

Page 11

 
BRECHIN DAY CARE LIMITED

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.

Income from donations and legacies





Restricted funds
2024
Unrestricted funds
2024
Total
funds
2024
Total
funds
2023
        £
        £
        £
        £
 



 
Donations

4,649

5,496

10,145

9,682
 
Grants

-

180,582

180,582

172,437
 


4,649
186,078
190,727
182,119
Total 2023


2,000
180,119
182,119




4.

Income from charitable activities




Unrestricted funds
2024
Total
funds
2024
Total
funds
2023
        £
        £
        £




Self funded day care

19,235

19,235

17,110
 
Total 2023


17,110
17,110

Page 12

 
BRECHIN DAY CARE LIMITED

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.

Income from other trading activities

Income from non charitable trading activities




Unrestricted funds
2024
Total
funds
2024
Total
funds
2023
        £
        £
        £




Good as new shop sales

20,045

20,045

18,444
 
Total 2023


18,444
18,444


6.

Investment income




Unrestricted funds
2024
Total
funds
2024
Total
funds
2023
        £
        £
        £




Interest receivable

816

816

89
 
Total 2023


89
89


Page 13

 
BRECHIN DAY CARE LIMITED

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

7.

Expenditure on raising funds







Other trading expenses




Unrestricted funds
2024
Total
funds
2024
Total
funds
2023
        £
        £
        £




Good as new shop expenses

2,928

2,928

2,126
 
Total 2023


2,126
2,126



8.

Analysis of expenditure on charitable activities


Summary by fund type





Restricted funds
2024
Unrestricted funds
2024
Total
2024
Total
2023
        £
        £
        £
        £





Care of the elderly

-

264,545

264,545

225,595
 
Centre refurbishment

1,548

-

1,548

11,960
 


1,548
264,545
266,093
237,555
Total 2023


11,960
225,595
237,555

Page 14

 
BRECHIN DAY CARE LIMITED

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

9.

Analysis of expenditure by activities





Activities undertaken directly
2024
Support costs
2024
Total
funds
2024
Total
funds
2023
        £
        £
        £
        £





Care of the elderly

188,872

75,673

264,545

225,595
 
Centre refurbishment

1,548

-

1,548

11,960
 


190,420
75,673
266,093
237,555
Total 2023


165,242
72,313
237,555


Analysis of direct costs





Unrestricted funds
2024
Restricted
funds
2024
Total
funds
2024
Total
funds
2023
        £
        £
        £
        £





Meals

17,288

-

17,288

13,526
 
Heat and light

23,559

-

23,559

4,408
 
Cleaning

2,402

-

2,402

2,510
 
Motor expenses

5,511

-

5,511

5,368
 
Repairs and maintenance

-

1,548

1,548

11,960
 
Care Commission fee

1,711

-

1,711

1,711
 
Staff costs

132,571

-

132,571

121,079
 
Excursions and entertainment

5,830

-

5,830

4,680
 


188,872
1,548
190,420
165,242
Total 2023


153,282
11,960
165,242

Page 15

 
BRECHIN DAY CARE LIMITED

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

9.Analysis of expenditure by activities (continued)

Analysis of support costs




Unrestricted funds
2024
Total
funds
2024
Total
funds
2023
        £
        £
        £




Rent and rates

2,808

2,808

3,094
 
Insurance

7,159

7,159

6,353
 
Telephone

3,834

3,834

2,073
 
Advertising and promotion

152

152

91
 
Printing, stationery and postage

249

249

413
 
Repairs and maintenance

3,881

3,881

7,145
 
Subscriptions

969

969

802
 
Training

1,992

1,992

885
 
Computer expenses

495

495

656
 
Sundry expenses

887

887

1,030
 
Accountancy fees

3,060

3,060

2,820
 
Legal and professional fees

11,475

11,475

6,763
 
Staff costs

27,459

27,459

26,885
 
Depreciation

11,253

11,253

13,303
 


75,673
75,673
72,313
Total 2023


72,313
72,313


10.

Independent examiner's remuneration

2024
2023
£
£

Fees payable to the Company's independent examiner for the independent examination of the Company's annual accounts
3,060
2,820

Page 16

 
BRECHIN DAY CARE LIMITED

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

11.



Staff costs


2024
2023
£
£


Wages and salaries
151,208
140,093

Social security costs
5,842
5,218

Contribution to defined contribution pension schemes
2,980
2,653

160,030
147,964

The average number of persons employed by the Company during the year was as follows:


2024
2023

No.
No.


8
8

No employee received remuneration amounting to more than £60,000 in either year.





12.


Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2023 - £NIL).

During the year ended 31 March 2024, no Trustee expenses have been incurred (2023 - £NIL).

Page 17

 
BRECHIN DAY CARE LIMITED

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

13.


Tangible fixed assets




Property
Motor vehicles
Fixtures and fittings
Total

£
£
£
£


Cost or valuation

At 1 April 2023
228,561
76,120
43,098
347,779


At 31 March 2024

228,561
76,120
43,098
347,779


Depreciation

At 1 April 2023
91,674
45,989
36,538
174,201

Charge for the year
4,571
6,027
655
11,253


At 31 March 2024

96,245
52,016
37,193
185,454


Net book value


At 31 March 2024
132,316
24,104
5,905
162,325


At 31 March 2023
136,887
30,131
6,560
173,578


14.



Debtors


2024
2023
£
£


Due within one year

Trade debtors
280
1,760

Other debtors
1,560
-

Prepayments and accrued income
1,037
4,958

2,877
6,718


15.



Current asset investments


2024
2023
£
£

Unlisted investments
30,472
29,656

Page 18

 
BRECHIN DAY CARE LIMITED

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

16.



Creditors: Amounts falling due within one year


2024
2023
£
£


Other creditors
4,514
5,177

Accruals and deferred income
18,131
3,120

22,645
8,297

2024
2023
£
£


Resources deferred during the year
15,011
-

Page 19

 
BRECHIN DAY CARE LIMITED

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

17.

Statement of funds


Statement of funds - current year

Balance at 1 April 2023
£
Income
£
Expenditure
£
Transfers in/out
£
Balance at 31 March 2024
£

Unrestricted funds






Designated funds







Minibus fund

4,700

-

-

-

4,700
 
Property maintenance

36,000

-

-

-

36,000
 
Centre refurbishment

4,948

-

(191)

-

4,757
 



45,648
-
(191)
-
45,457

General funds







General fund

180,903

226,174

(267,282)

(20)

139,775
 
Total Unrestricted funds




226,551

226,174

(267,473)

(20)

185,232

Restricted funds







Centre refurbishment

-

3,570

(449)

-

3,121
 
Defibrillator

-

1,079

(1,099)

20

-
 
Patio project

1,177

-

-

-

1,177
 



1,177
4,649
(1,548)
20
4,298

Total of funds


227,728
230,823
(269,021)
-
189,530



Page 20

 
BRECHIN DAY CARE LIMITED

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

17.

Statement of funds (continued)



Statement of funds - prior year

Balance at
1 April 2022
£
Income
£
Expenditure
£
Transfers in/out
£
Balance at
31 March 2023
£

Unrestricted funds






Designated funds







Minibus fund

4,700

-

-

-

4,700
 
Property maintenance

36,000

-

-

-

36,000
 
Centre refurbishment

4,948

-

-

-

4,948
 
We care for carers

102

-

-

(102)

-
 



45,750
-
-
(102)
45,648

General funds







General fund

192,720

215,762

(227,721)

142

180,903
 
Total Unrestricted funds




238,470

215,762

(227,721)

40

226,551


Restricted funds







Centre refurbishment

10,000

2,000

(11,960)

(40)

-
 
Patio project

1,177

-

-

-

1,177
 



11,177
2,000
(11,960)
(40)
1,177


Total of funds


249,647
217,762
(239,681)
-
227,728

Page 21

 
BRECHIN DAY CARE LIMITED

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

18.

Summary of funds


Summary of funds - current year

Balance at 1 April 2023
£
 
Income
£
 
Expenditure
£
 
Transfers in/out
£
 
Balance at 31 March 2024
£
 
Designated funds

45,648

-

(191)

-

45,457
 
General funds

180,903

226,174

(267,282)

(20)

139,775
 
Restricted funds

1,177

4,649

(1,548)

20

4,298
 


227,728
230,823
(269,021)
-
189,530


Summary of funds - prior year

Balance at
1 April 2022
£
 
Income
£
 
Expenditure
£
 
Transfers in/out
£
 
Balance at
31 March 2023
£
 
Designated funds

45,750

-

-

(102)

45,648
 
General funds

192,720

215,762

(227,721)

142

180,903
 
Restricted funds

11,177

2,000

(11,960)

(40)

1,177
 


249,647
217,762
(239,681)
-
227,728


19.

Analysis of net assets between funds

Analysis of net assets between funds - current period

Restricted funds
2024
Unrestricted funds
2024
Total
funds
2024
        £
        £
        £



Tangible fixed assets

-

162,325

162,325

Current assets

4,298

45,552

49,850

Creditors due within one year

-

(22,645)

(22,645)

Total 


4,298
185,232
189,530


Page 22

 
BRECHIN DAY CARE LIMITED

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

19.Analysis of net assets between funds (continued)


Analysis of net assets between funds - prior period

Restricted funds
2023
Unrestricted funds
2023
Total
funds
2023
        £
        £
        £



Tangible fixed assets

-

173,578

173,578

Current assets

1,177

61,270

62,447

Creditors due within one year

-

(8,297)

(8,297)

Total 

1,177
226,551
227,728


20.


Pension commitments

The group operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the group to the fund and amounted to £2,980 (2023 - £2,653). No balances were payable to the fund at the balance sheet date.

Page 23