Earthtime for All Ltd. Charity Accounts

COMPANY REGISTRATION NUMBER: SC435023

CHARITY REGISTRATION NUMBER: SC043507

Earthtime for All Ltd.

Company Limited by Guarantee

Unaudited Financial Statements

31 October 2024

Earthtime for All Ltd.

Company Limited by Guarantee

Financial Statements

Year ended 31 October 2024

	Pages

Trustees' annual report (incorporating the director's report)	1 to 4

Independent examiner's report to the trustees	5

Statement of financial activities (including income and expenditure account)	6

Statement of financial position	7

Notes to the financial statements	8 to 16

Earthtime for All Ltd.

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 October 2024

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 October 2024 .

ACHIEVEMENTS AND PERFORMANCE

Earthtime's core social purpose is to improve lives and outcomes for families and children in Moray through spending time outside in nature - exploring, protecting, enhancing and enjoying the natural environment. Our ethos is based on one of nurturing and encouraging inclusive, child-led participation in play and nature based learning activities. Earthtime aims to develop stronger family bonds to increase self-esteem and confidence for both children and their parents or carers to build more resilient and stronger communities.

Earthtime operates as a child care provider by running an outdoor nursery school, an after school club and school holiday play sessions. Earthtime operates in the community too, working with schools and the community at large. We work with other schools and nurseries delivering our Forest School programme throughout Moray. We offer one to one sessions for children who schools have recognised would benefit from the wide range of outdoor activities that Earthtime can provide. We also have a programme of outreach play sessions (Waddle Toddle and Nature Play) for children and families, which are open to the general public and are free to attend.

The trustees have paid due regard to guidance issued by the OSCR in deciding what activities the charitable company should undertake.

Our People

We continued to support our workforce as a Real Living Wage employer. We increased all of our rates of pay to maintain the real living wage. We continued to provide access to employee support and free counselling sessions through an arrangement an HR support service. We also held a series of wellbeing workshops for our staff.

We continued to offer free outdoor and paediatric first aid training to our workforce, alongside food hygiene training. Many of our staff took up additional training opportunities throughout the year to support their practice. During the year, members of staff achieved childcare qualifications and Forest School Qualifications.

Child Care

Our child care provision stopped operating in Cooper Park, Elgin due to challenges in staff recruitment and low numbers of children attending the setting. Our nursery at Duffus Estate continues to provide a fully outdoor care service to a maximum of 50 children at any one time (max. 10 of age 2-3; 32 of age 3 - those not attending primary school; 15 of primary school age). Up to 25 children of primary school age may attend during school holidays.

Our nursery has continued to focus efforts on improving the quality of the childcare provision, as set out in the setting's strategic improvement plan. Tracking children's learning and achievements and further developing quality assurance processes has been an area of focus. We have strong links with the early years support team at our local authority. Our nursery manager has been invited to speak at events and showcase our strategic improvement plan as an example of good practice.

Childcare for school age children is an increasing feature of our provision. We provide a before and after school club at our Duffus site for children attending Hopeman Primary School. We have provided childcare during the school summer and Easter holidays.

Community

Earthtime's roots are in the community and the provision of enriching opportunities for play in the outdoors for children and families. We continued to provide these opportunities through our Nature Plays, Waddle Toddles and wellbeing walks, available free of charge to families, Forest School sessions and provision for school age children who are not attending school.

Over the year, we ran 168 Waddle Toddles, 33 Nature Plays, wellbeing walks, parties and an elf and fairy fair!

Our Work with Schools

We have worked with schools across Moray in Buckie, Dyke, Elgin, Forres and Keith providing Forest School sessions, outdoor learning and activities to support celebrations and transitions from nursery to primary school. Group sizes have ranged from 1:1s, small nurture groups, whole classes and several classes.

With thanks to funding from the Newbold Legacy Trust, we ran Woodland Wednesday Forest School for children in the Forres area. The aim of these sessions was to support school age children who were struggling with attending school. We received excellent feedback from families of the impact of these sessions.

With funding from the Moray Local Action Fund, we carried out a pilot Walk to School project at Hopeman Primary School and New Elgin Primary School.

Nature Play

Earthtime has been a grant funded partner of the Scottish Government since 2022, receiving funding from the Outdoor Community Play Fund to deliver outdoor play sessions for children and families. 33 Nature Plays were run in the public parks of Forres and Elgin, totalling 66 hours of community play opportunities.

Waddle Toddle

Waddle Toddle is our outdoor group for little ones (babies, toddlers and pre-schoolers) and their grown ups. We ran Waddle Toddles in Buckie, Burghead, Elgin, Forres, Hopeman, Kinloss and Keith. Funding from the Moray Communities Health and Wellbeing Fund supported 12 'Speyside' Waddle Toddles and the Beatrice Partnership Fund funded the Waddle Toddle in Buckie.

Working with Other Groups

We have attended community events such as RAF Lossie-fest, Findhorn Positive Pregnancy Fair, Elgin Bid Market and New Elgin Families Day. We have also provided events with or for other local organisations such as Children 1st and Mum Days.

Elf and Fairy Fair

We held an Elf and Fairy Fair at Duffus Estate. It was attended by over 300 children and grown ups.

Our staff volunteered their time to plan and help at the event by running nature inspired activities based on elves, fairies and the forest school ethos. Students from Gordonstoun School also volunteered their time and, dressed as elves and fairies, they sang, danced and interacted with the children to create a magical experience.

Conclusion

We would like to thank our workforce and volunteers and the children, families, schools, businesses and other organisations and stakeholders who have been involved with or supported the work of Earthtime over the last year. We remain committed to making Earthtime a great place to play, learn and grow for our people and the people (of all ages) who participate in or use our services.

FINANCIAL REVIEW

The net expenditure for the year was £36,554 (2023 - £18,845). The net assets at the year end were £131,819 (2023 - £168,373) of which £14,737 (2023 - £12,089) related to restricted funds leaving unrestricted funds of £117,082 (2023 - £156,284).

The trustees' policy is to maintain cash reserves at around 2-3 months of normal running costs in order to meet commitments and to cover any unexpected expenditure. Cash reserves (excluding restricted amounts) at the year end were £100,538 (2023 - £133,268). Running costs are approximately £28,000 per month therefore the reserves policy was maintained at the balance sheet.

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the risks. The trustees are particularly aware of their responsibilities for health & Safety, especially in regards to activities involving children. In addition, our staff and volunteers all have membership under the Protection of Vulnerable Groups (PVG) Scheme.

OBJECTIVES AND ACTIVITIES

Earthtime's core social purpose is to improve lives and outcomes for families and children in Moray through spending time outside in nature - exploring, protecting, enhancing and enjoying the natural environment. Our ethos is based on one of nurturing and encouraging inclusive, child-led participation in play and nature based learning activities. Earthtime aims to develop stronger family bonds to increase self-esteem and confidence for both children and their parents or carers to build more resilient and stronger communities.

Earthtime operates as a child care provider by running an outdoor nursery school, an after school club and school holiday play sessions. Earthtime operates in the community too, working with schools and the community at large. We work with other schools and nurseries delivering our Forest School programme throughout Moray. We offer one to one sessions for a limited number of children who schools have recognised would benefit from the wide range of outdoor activities that Earthtime can provide. We also have a programme of outreach play sessions (Waddle Toddle and Nature Play) for children and families, which are open to the general public and are free to attend.

The trustees have paid due regard to guidance issued by the OSCR in deciding what activities the charitable company should undertake.

STRUCTURE, GOVERNANCE AND MANAGEMENT

The charitable company is a company limited by guarantee, incorporated on 18 October 2012 and registered as a charity with the Office of the Scottish Charity Regulator (Charity Number SC043507 ) on 24 October 2012. 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.

Membership shall be open to any interested person who wishes to support the aims and activities of the company. Trustees shall consider each application at the first trustees' meeting which is held after receipt of the application. The trustees shall, within a reasonable time after the meeting, notify the applicant of their decision on the application.

A person is not eligible to be appointed as a trustee unless he or she is a member of the charity. At each AGM the members may elect any member who is willing to be a trustee. The trustees may at any time appoint any member to be a trustee.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered charity name	Earthtime for All Ltd.

Charity registration number	SC043507

Company registration number	SC435023

Principal office	Duffus House Annexe
	Duffus
	Moray
	IV30 5QB

Registered office	West Lodge
	Cooper Park
	Elgin
	Moray
	IV30 1HS

THE TRUSTEES

	E Dunbar
	S Shah
	S Fennings-Mills	(Resigned 1 October 2024)
	S Evans	(Resigned 8 January 2024)
	A Middlecote
	A Thompson-Miller

Independent examiner	Alison Fionda, CA as Associate in the firm of: Ritsons, Chartered Accountants
	103 High Street
	ELGIN
	Moray
	IV30 1EB

SMALL COMPANY PROVISIONS

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

The trustees' annual report was approved on 19 June 2025 and signed on behalf of the board of trustees by:

A Thompson-Miller

Trustee

Earthtime for All Ltd.

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of Earthtime for All Ltd.

Year ended 31 October 2024

I report on the financial statements for the year ended 31 October 2024, as set out on pages 6 to 16.

RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER

The charity's trustees (who are also the directors of the company for the purposes of company law) 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. The charity trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the 2006 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 REPORT

My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. 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 seeks explanations from the 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 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.

Alison Fionda, CA as Associate in the firm of: Ritsons, Chartered Accountants

Independent Examiner

103 High Street ELGIN Moray IV30 1EB

20 June 2025

Earthtime for All Ltd.

Company Limited by Guarantee

Statement of Financial Activities

(including income and expenditure account)

Year ended 31 October 2024

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

Income and endowments

Donations and legacies	5	2,589	27,010	29,599	7,608
Charitable activities	6	286,484	–	286,484	332,696
Investment income	7	675	–	675	661
		---------	--------	---------	---------
Total income		290,348	27,010	317,358	340,965
		---------	--------	---------	---------

Expenditure

Expenditure on charitable activities	8,9	( 329,532)	( 24,380)	( 353,912)	( 359,810)
		---------	--------	---------	---------
Total expenditure		( 329,532)	( 24,380)	( 353,912)	( 359,810)
		---------	--------	---------	---------

	---------	--------	---------	---------
Net expenditure	( 39,184)	2,630	( 36,554)	( 18,845)
	---------	--------	---------	---------

Transfers between funds	(18)	18	–	–

	---------	--------	---------	---------
Net movement in funds	( 39,202)	2,648	( 36,554)	( 18,845)

Reconciliation of funds

Total funds brought forward	156,284	12,089	168,373	187,218
	---------	--------	---------	---------
Total funds carried forward	117,082	14,737	131,819	168,373
	---------	--------	---------	---------

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

All income and expenditure derive from continuing activities.

Earthtime for All Ltd.

Company Limited by Guarantee

Statement of Financial Position

31 October 2024

	2024		2023
Note	£	£	£	£

Fixed assets

Tangible fixed assets	15		8,073		14,003

Current assets

Stocks		120	120
Debtors	16	16,788	17,885
Cash at bank and in hand		114,495	143,715
		---------	---------
		131,403	161,720

Creditors: amounts falling due within one year	17	( 7,657)		( 7,350)
		---------		---------
Net current assets			123,746		154,370
			---------		---------
Total assets less current liabilities			131,819		168,373
			---------		---------
Net assets			131,819		168,373
			---------		---------

Funds of the charity

Restricted funds		14,737	12,089
Unrestricted funds		117,082	156,284
		---------	---------
Total charity funds	19	131,819	168,373
		---------	---------

For the year ending 31 October 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

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

These financial statements were approved by the board of trustees and authorised for issue on 19 June 2025 , and are signed on behalf of the board by:

A Thompson-Miller

Trustee

Earthtime for All Ltd.

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 October 2024

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in Scotland and a registered charity in Scotland. The address of the registered office is West Lodge, Cooper Park, Elgin, Moray, IV30 1HS.

2. Statement of compliance

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

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Going concern

At the time of approving the accounts, the trustees have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for at least the next 12 months and the trustees have not identified any material uncertainties with regards to the ability of the charity to continue. Thus the trustees continue to adopt the going concern basis of accounting in preparing the accounts.

Judgements and key sources of estimation uncertainty

The trustees consider that there are no estimates or underlying assumptions which have significant risk of causing a material adjustment to the carrying amount of assets and liabilities.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal.

Income

All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Expenditure

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Leasehold improvements	-	5% straight line
Plant and machinery	-	20% straight line
Fixtures, fittings and equipment	-	25% straight line
Motor vehicles	-	20% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Cash and cash equivalents in the statement of financial position comprise cash at bank and in hand held on demand. Bank overdrafts are shown within creditors due within one year. Trade debtors and creditors are measured at the undiscounted amounts receivable from the customer or payable to a supplier, which is normally the invoiced price. Trade debtors are assessed at the end of each reporting period for the objective evidence of impairment. If such evidence is found, an impairment loss is recognised in the statement of income and retained earnings.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Limited by guarantee

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.

5. Donations and legacies

Unrestricted Funds	Restricted Funds	Total Funds 2024
£	£	£

Donations

Donations	2,404	–	2,404
Donations - 100 club	185	–	185

Grants

Other grants receivable	–	2,911	2,911
Inspiring Scotland - Nature Play for Families	–	5,082	5,082
Moray Communities Health & Wellbeing Fund	–	7,966	7,966
NHS Grampian Charity Community Grant	–	4,051	4,051
Newbold Legacy Trust Grant	–	7,000	7,000
	-------	--------	--------
	2,589	27,010	29,599
	-------	--------	--------

Unrestricted Funds	Restricted Funds	Total Funds 2023
£	£	£

Donations

Donations	2,402	–	2,402
Donations - 100 club	245	–	245

Grants

Other grants receivable	–	–	–
Inspiring Scotland - Nature Play for Families	–	4,961	4,961
Moray Communities Health & Wellbeing Fund	–	–	–
NHS Grampian Charity Community Grant	–	–	–
Newbold Legacy Trust Grant	–	–	–
	-------	-------	-------
	2,647	4,961	7,608
	-------	-------	-------

6. Charitable activities

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Nursery fees	239,241	–	239,241
Forest School	20,769	–	20,769
Waddle Toddle	581	–	581
CPD Training Course	–	–	–
Events	2,547	–	2,547
SEBN Sessions	15,767	–	15,767
After school club	4,818	–	4,818
Holiday Activities	2,761	–	2,761
	---------	----	---------
	286,484	–	286,484
	---------	----	---------

	Unrestricted Funds	Restricted Funds	Total Funds 2023
	£	£	£
Nursery fees	288,296	–	288,296
Forest School	21,281	6,040	27,321
Waddle Toddle	3,092	7,770	10,862
CPD Training Course	130	–	130
Events	474	–	474
SEBN Sessions	3,927	–	3,927
After school club	66	–	66
Holiday Activities	1,620	–	1,620
	---------	--------	---------
	318,886	13,810	332,696
	---------	--------	---------

7. Investment income

	Unrestricted Funds	Total Funds 2024	Unrestricted Funds	Total Funds 2023
	£	£	£	£
Bank interest receivable	675	675	661	661
	----	----	----	----

8. Expenditure on charitable activities by fund type

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Operating costs	299,520	21,724	321,244
Support costs	30,012	2,656	32,668
	---------	--------	---------
	329,532	24,380	353,912
	---------	--------	---------

	Unrestricted Funds	Restricted Funds	Total Funds 2023
	£	£	£
Operating costs	321,826	8,642	330,468
Support costs	28,650	692	29,342
	---------	-------	---------
	350,476	9,334	359,810
	---------	-------	---------

The operating costs consist of staff costs of £294,463 (2023 - £302,740), depreciation of £862 (2023 - £1,481), education costs of £11,570 (2023 - £12,499), rent costs of £8,430 (2023 - £9,190), other direct costs of £5,919 (2023 - £4,464) and bad debts written off of Nil (2023 - £94)

9. Expenditure on charitable activities by activity type

	Activities undertaken directly	Support costs	Total funds 2024	Total fund 2023
	£	£	£	£
Operating costs	321,244	27,484	348,728	353,459
Governance costs	–	5,184	5,184	6,351
	---------	--------	---------	---------
	321,244	32,668	353,912	359,810
	---------	--------	---------	---------

10. Analysis of support costs

	Analysis of support costs	Total 2024	Total 2023
	£	£	£
Governance costs	5,184	5,184	6,351
Insurance	2,702	2,702	2,094
Heat & light	3,154	3,154	3,908
Repairs and maintenance	284	284	200
Postage & stationery	589	589	223
Telephone	3,165	3,165	2,842
Vehicle & travel costs	1,769	1,769	1,129
Advertising costs	203	203	613
Other admin costs	10,550	10,550	5,052
Depreciation	5,068	5,068	6,930
	--------	--------	--------
	32,668	32,668	29,342
	--------	--------	--------

The governance costs consist of accountancy fees of £4,258 for the current year (2023 - £4,531) and payroll service fees of £926 (2023 - £1,820).

11. Net expenditure

Net expenditure is stated after charging/(crediting):

	2024	2023
	£	£
Depreciation of tangible fixed assets	5,930	8,411
	-------	-------

12. Independent examination fees

	2024	2023
	£	£

Fees payable to the independent examiner for:

Independent examination of the financial statements	4,258	4,531
Other assurance services	926	1,820
	-------	-------
	5,184	6,351
	-------	-------

13. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

	2024	2023
	£	£
Wages and salaries	289,909	289,381
Employer contributions to pension plans	4,355	4,168
	---------	---------
	294,264	293,549
	---------	---------

The average head count of employees during the year was 23 (2023: 22 ).

No employee received employee benefits of more than £60,000 during the year (2023: Nil).

Key Management Personnel

Key management personnel include all persons that have authority and responsibility for planning, directing and controlling the activities of the charity. The total compensation paid to key management personnel for services provided to the charity was £45,899 (2023:£63,644).

14. Trustee remuneration and expenses

No remuneration or other benefits from employment with the charity were received by the trustees in the current or previous year.

No trustee expenses have been incurred in the current or previous year.

15. Tangible fixed assets

	Leasehold improve-ments	Plant and machinery	Fixtures, fittings & equipment	Motor vehicles	Total
	£	£	£	£	£
Cost
At 1 November 2023 and 31 October 2024	7,980	3,490	58,267	4,380	74,117
	-------	-------	--------	-------	--------
Depreciation
At 1 November 2023	2,394	3,490	51,529	2,701	60,114
Charge for the year	399	–	4,655	876	5,930
	-------	-------	--------	-------	--------
At 31 October 2024	2,793	3,490	56,184	3,577	66,044
	-------	-------	--------	-------	--------
Carrying amount
At 31 October 2024	5,187	–	2,083	803	8,073
	-------	-------	--------	-------	--------
At 31 October 2023	5,586	–	6,738	1,679	14,003
	-------	-------	--------	-------	--------

16. Debtors

	2024	2023
	£	£
Trade debtors	1,247	1,523
Prepayments and accrued income	1,280	1,254
Other debtors	14,261	15,108
	--------	--------
	16,788	17,885
	--------	--------

17. Creditors: amounts falling due within one year

	2024	2023
	£	£
Accruals and deferred income	4,333	4,135
Social security and other taxes	2,469	2,395
Other creditors	855	820
	-------	-------
	7,657	7,350
	-------	-------

18. Pensions and other post retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £ 4,355 (2023: £ 4,168 ).

19. Analysis of charitable funds

Unrestricted funds

	At 1 November 2023	Income	Expenditure	Transfers	At 31 October 2024
	£	£	£	£	£
General funds	156,284	290,348	(329,532)	(18)	117,082
	---------	---------	---------	----	---------

	At 1 November 2022	Income	Expenditure	Transfers	At 31 October 2023
	£	£	£	£	£
General funds	184,854	322,194	(350,476)	(288)	156,284
	---------	---------	---------	----	---------

Restricted funds

	At 1 November 2023	Income	Expenditure	Transfers	At 31 October 2024
	£	£	£	£	£
Duffus House Annex Kitchen	–	–	–	–	–
The Moray Council (Yurt stove installation)	471	–	(471)	–	–
Inspiring Scotland	3,812	5,082	(8,894)	–	–
Nature Connect	1,170	–	(390)	–	780
Walk to school with Earthtime	2,000	–	(2,018)	18	–
CMH & W fund	4,636	7,966	(8,606)	–	3,996
NHS Grampian charity community grant	–	4,051	(2,363)	–	1,688
Tesco Stronger Starts	–	1,000	–	–	1,000
Newbold Legacy Trust	–	7,000	(1,638)	–	5,362
Moray Climate Action	–	1,911	–	–	1,911
	--------	--------	--------	----	--------
	12,089	27,010	(24,380)	18	14,737
	--------	--------	--------	----	--------

	At 1 November 2022	Income	Expenditure	Transfers	At 31 October 2023
	£	£	£	£	£
Duffus House Annex Kitchen	618	–	(618)	–	–
The Moray Council (Yurt stove installation)	944	–	(473)	–	471
Inspiring Scotland	802	4,961	(1,951)	–	3,812
Nature Connect	–	4,040	(3,158)	288	1,170
Walk to school with Earthtime	–	2,000	–	–	2,000
CMH & W fund	–	7,770	(3,134)	–	4,636
NHS Grampian charity community grant	–	–	–	–	–
Tesco Stronger Starts	–	–	–	–	–
Newbold Legacy Trust	–	–	–	–	–
Moray Climate Action	–	–	–	–	–
	-------	--------	-------	----	--------
	2,364	18,771	(9,334)	288	12,089
	-------	--------	-------	----	--------

The Duffus House Annex Kitchen funding relates to the funding of the new kitchen installed into Duffus House. Resources expended represent the depreciation charge on the kitchen charged in the year.

The Moray Council awarded funding to assist in the purchase and installation of a Yurt Stove for the nursery. Resources expended represent the depreciation charge on the Yurt Stove.

Inspiring Scotland - grant to help provide Nature Play for families sessions.

tsiMORAY awarded funds for the Nature Connect project - this included the purchase of a new Tentipi. Resources expended represent the depreciation charge.

tsiMORAY awarded funds for the Walk to School with Earthtime project - this is to assist with the staffing costs.

tsiMoray awarded funds from the Moray Communities Mental Health and Wellbeing fund. The funds are being used to provide outdoor activities for young families (those with children from 6 months to school age) in three areas of Moray - Aberlour, Keith and Buckie to support parents to spend time outside with their young children.

NHS Grampian charity awarded funds for improving mental and physical health of attendees. The grant is being used to assist with staffing and material costs.

Tesco Stronger Starts awarded funds to help with the cosy ladybirds toddler group. No expenses were incurred in the year.

Newbold Legacy Trust awarded funds to support activities in Forres in the waddle toddle, families in nature and woodland sessions projects. The grant is being used to assist with staffing, travel and materials costs.

Climate Action awarded funds to support the Earthtime's cycle scheme project. No expenses were incurred in the year.

20. Analysis of net assets between funds

	Unrestricted Funds	Restricted Funds	Total Funds 2024
	£	£	£
Tangible fixed assets	7,293	780	8,073
Current assets	117,446	13,957	131,403
Creditors less than 1 year	(7,657)	–	(7,657)
	---------	--------	---------
Net assets	117,082	14,737	131,819
	---------	--------	---------

	Unrestricted Funds	Restricted Funds	Total Funds 2023
	£	£	£
Tangible fixed assets	12,361	1,642	14,003
Current assets	151,273	10,447	161,720
Creditors less than 1 year	(7,350)	–	(7,350)
	---------	--------	---------
Net assets	156,284	12,089	168,373
	---------	--------	---------

21. Related parties

The charity rents the use of specified land and buildings on Duffus Estate, which is owned by Sir Edward Dunbar who is a Trustee at £500pcm. The value of the transactions for this year are £6,000 (2023 £7,000).