REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements |
For The Year Ended 30th June 2024 |
for |
Support for Play & Early Learning in |
Lanarkshire (SPELL) |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements |
For The Year Ended 30th June 2024 |
for |
Support for Play & Early Learning in |
Lanarkshire (SPELL) |
Support for Play & Early Learning in |
Lanarkshire (SPELL) |
Contents of the Financial Statements |
For The Year Ended 30th June 2024 |
Page |
Report of the Trustees | 1 | to | 2 |
Independent Examiner's Report | 3 |
Statement of Financial Activities | 4 |
Balance Sheet | 5 | to | 6 |
Notes to the Financial Statements | 7 | to | 12 |
Support for Play & Early Learning in |
Lanarkshire (SPELL) (Registered number: SC286654) |
Report of the Trustees |
For The Year Ended 30th June 2024 |
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 30th June 2024. 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 company's objectives are: |
The advancement of play and early learning of pre-five children within South Lanarkshire. |
The advancement of the education and training of all persons providing and associated with voluntary pre-five education to these children. |
ACHIEVEMENT AND PERFORMANCE |
Charitable activities |
During the past 12 months up to the end of June 2024, SPELL has continued to provide support and advice to all pre-five groups within South Lanarkshire focussing on restarting groups and opening new groups since returning after the Covid-19 pandemic. We currently have 106 pre-5 groups registered with SPELL |
We have three support workers who visit these groups regularly during the year, as well as two office staff who provide office support and a telephone helpline. |
We provide free information and help, as well as comprehensive information on each group for parents and carers looking for a suitable group in their local area. |
We successfully applied for funding from Education Resources at South Lanarkshire Council to continue our annual play activity programme. These 45-minute activity sessions are provided by a qualified and vetted play tutor at the venue. They include activities such as arts and crafts and clay workshops, little scientists, little green fingers |
and storytelling and musical adventures. |
Education Resources at South Lanarkshire Council also provided funding for SPELL to run a small training programme for the voluntary sector. Courses included Paediatric First Aid, Emergency First Aid for Babies and Children, Makaton and Outdoor Play. All were free of charge and a total of 93 parents, volunteers and childcare staff attended the courses. |
Once again SPELL provided a training programme for partner providers which supported them in meeting the National Standards and to deliver the 1140 hours. The training programme included courses ranging from Paediatric First Aid, Child Protection, Food Hygiene, Makaton and Forest Kindergarten. A total of 210 childcare staff attended the courses on offer. |
In June 2021, SPELL were awarded a one-off payment to provide support to voluntary organisations and communities that were placed under level 4 restrictions during the Covid-19 pandemic. This money continues to be allocated to support third sector organisations. |
Over the last 12 months SPELL have run 3 blocks of an Outdoor Toddler Group. 73 children attended these sessions alongside their parents and carers. |
FINANCIAL REVIEW |
Principal funding sources |
South Lanarkshire Council are the principal funders. |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
Support for Play & Early Learning in |
Lanarkshire (SPELL) (Registered number: SC286654) |
Report of the Trustees |
For The Year Ended 30th June 2024 |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Recruitment and appointment of new trustees |
At each annual general meeting, the members may elect any member (providing he/she is willing to act) to be a director. |
The directors may at any time appoint any member (providing he/she is willing to act) to be a director. |
All directors shall retire after 5 years in office, but shall then be eligible for re-election. |
Related parties |
There are no related parties. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Registered office |
Trustees |
Company Secretary |
Independent Examiner |
J S Mackie & Co Ltd |
8 Douglas Street |
Hamilton |
Lanarkshire |
ML3 0BP |
Approved by order of the board of trustees on |
Independent Examiner's Report to the Trustees of |
Support for Play & Early Learning in |
Lanarkshire (SPELL) |
I report on the accounts for the year ended 30th June 2024 set out on pages four to twelve. |
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. 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. |
Mark Cooper FCCA |
The Association of Chartered Certified Accountants |
J S Mackie & Co Ltd |
8 Douglas Street |
Hamilton |
Lanarkshire |
ML3 0BP |
13th November 2024 |
Support for Play & Early Learning in |
Lanarkshire (SPELL) |
Statement of Financial Activities |
For The Year Ended 30th June 2024 |
2024 | 2023 |
Unrestricted | Restricted | Total | Total |
fund | funds | funds | funds |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies | ( |
) |
Charitable activities |
Investment income | 2 |
Total |
EXPENDITURE ON |
Raising funds |
Charitable activities |
Total |
NET INCOME/(EXPENDITURE) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 131,714 |
Support for Play & Early Learning in |
Lanarkshire (SPELL) (Registered number: SC286654) |
Balance Sheet |
30th June 2024 |
2024 | 2023 |
Unrestricted | Restricted | Total | Total |
fund | funds | funds | funds |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 7 |
CURRENT ASSETS |
Debtors | 8 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 9 | ( |
) | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
NET ASSETS |
FUNDS | 10 |
Unrestricted funds | 21,061 |
Restricted funds | 110,653 |
TOTAL FUNDS | 131,714 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024. |
The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2024 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. |
Support for Play & Early Learning in |
Lanarkshire (SPELL) (Registered number: SC286654) |
Balance Sheet - continued |
30th June 2024 |
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
The financial statements were approved by the Board of Trustees and authorised for issue on |
Support for Play & Early Learning in |
Lanarkshire (SPELL) |
Notes to the Financial Statements |
For The Year Ended 30th June 2024 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements of the charitable company, 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 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. 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 |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
Fixtures and fittings | - |
Computer equipment | - |
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. |
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
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. |
Support for Play & Early Learning in |
Lanarkshire (SPELL) |
Notes to the Financial Statements - continued |
For The Year Ended 30th June 2024 |
2. | INVESTMENT INCOME |
2024 | 2023 |
£ | £ |
Deposit account interest |
3. | NET INCOME/(EXPENDITURE) |
Net income/(expenditure) is stated after charging/(crediting): |
2024 | 2023 |
£ | £ |
Depreciation - owned assets |
4. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 30th June 2024 nor for the year ended 30th June 2023. |
Trustees' expenses |
There were no trustees' expenses paid for the year ended 30th June 2024 nor for the year ended 30th June 2023. |
5. | STAFF COSTS |
The average monthly number of employees during the year was as follows: |
2024 | 2023 |
Employees |
5 |
6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted | Restricted | Total |
fund | funds | funds |
£ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies | ( |
) | ( |
) |
Charitable activities |
Investment income |
Total |
EXPENDITURE ON |
Raising funds |
Support for Play & Early Learning in |
Lanarkshire (SPELL) |
Notes to the Financial Statements - continued |
For The Year Ended 30th June 2024 |
6. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
Unrestricted | Restricted | Total |
fund | funds | funds |
£ | £ | £ |
Charitable activities |
Total |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) |
Transfers between funds | 1,354 | (1,354 | ) | - |
Net movement in funds | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward | 19,517 | 134,249 |
TOTAL FUNDS CARRIED FORWARD | 21,061 | 110,653 | 131,714 |
7. | TANGIBLE FIXED ASSETS |
Fixtures |
and | Computer |
fittings | equipment | Totals |
£ | £ | £ |
COST |
At 1st July 2023 and 30th June 2024 |
DEPRECIATION |
At 1st July 2023 |
Charge for year |
At 30th June 2024 |
NET BOOK VALUE |
At 30th June 2024 |
At 30th June 2023 |
8. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
VAT |
Support for Play & Early Learning in |
Lanarkshire (SPELL) |
Notes to the Financial Statements - continued |
For The Year Ended 30th June 2024 |
9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade creditors |
Accrued expenses |
10. | MOVEMENT IN FUNDS |
Net |
movement |
At 1/7/23 | in funds | At 30/6/24 |
£ | £ | £ |
Unrestricted funds |
General fund | 21,061 | - | 21,061 |
Restricted funds |
General Fund | 110,653 | 25,757 | 136,410 |
TOTAL FUNDS | 25,757 | 157,471 |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Restricted funds |
General Fund | 144,382 | (118,625 | ) | 25,757 |
TOTAL FUNDS | ( |
) | 25,757 |
Comparatives for movement in funds |
Net | Transfers |
movement | between |
At 1/7/22 | in funds | funds | At 30/6/23 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 19,517 | 190 | 1,354 | 21,061 |
Restricted funds |
General Fund | 134,249 | (22,242 | ) | (1,354 | ) | 110,653 |
TOTAL FUNDS | 153,766 | (22,052 | ) | - | 131,714 |
Support for Play & Early Learning in |
Lanarkshire (SPELL) |
Notes to the Financial Statements - continued |
For The Year Ended 30th June 2024 |
10. | MOVEMENT IN FUNDS - continued |
Comparative net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 190 | - | 190 |
Restricted funds |
General Fund | 91,256 | (113,498 | ) | (22,242 | ) |
TOTAL FUNDS | 91,446 | (113,498 | ) | (22,052 | ) |
A current year 12 months and prior year 12 months combined position is as follows: |
Net | Transfers |
movement | between |
At 1/7/22 | in funds | funds | At 30/6/24 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 19,517 | 190 | 1,354 | 21,061 |
Restricted funds |
General Fund | 134,249 | 3,515 | (1,354 | ) | 136,410 |
TOTAL FUNDS | 153,766 | 3,705 | - | 157,471 |
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 | 190 | - | 190 |
Restricted funds |
General Fund | 235,638 | (232,123 | ) | 3,515 |
TOTAL FUNDS | 235,828 | (232,123 | ) | 3,705 |
Support for Play & Early Learning in |
Lanarkshire (SPELL) |
Notes to the Financial Statements - continued |
For The Year Ended 30th June 2024 |
11. | RELATED PARTY DISCLOSURES |