## **LADYBIRDS PLAYGROUP**
## **CHARITY COMMISSION REGISTERED NO.1036691**
## **STATEMENT OF ACCOUNTS**
**for the year ended 31 August 2025**
**LADYBIRDS PLAYGROUP Charity Information Charity number: 1036691**
## **Trustees**
Miss Karlie Powell Mrs Michelle White Mrs Nikki Courtman Mrs Kim Griffiths
Chair Treasurer
Appointed 18 November 2024
Appointed 20 November 2024
## **Bankers**
Barclays Bank 91 - 92 High Street King's Lynn Norfolk PE30 1BL
## **Independent Examiner**
K.J. Maggs F.C.A. Hoekman Way Spalding Lincs PE11 3HE
## **Registered Office**
28 Sutton Road Walpole Cross Keys King's Lynn Norfolk PE34 4HD
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**LADYBIRDS PLAYGROUP**
## **Annual Report**
## **for the year ended 31 August 2025**
The trustees present their report with the financial statements for the year ended 31 August 2025. The financial statements comply with the Charities Act 2011, the charity's constitution and 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 issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.
## **Structure, governance and management**
## **Governing document**
The charity is constituted by the Charity Commission and is a registered charity with the charity number 1036691. The charity was formed in 1993 and became a registered charity on 20 April 1994. The charity is governed by its constitution, which was adopted on 21 July 1993 and amended along with other Preschools on 1 March 2017.
## **Appointment of trustees**
A prospective trustee must be formally proposed and approved by the current committee.
## **Objectives and Activities**
Ladybirds aim is to provide high quality care and education for children below statutory school age,
- a) to work in partnership with parents to help children to learn and develop,
- b) add to the life and well-being of the local community, and
- c) offer children and their parents a service that promotes equality and values diversity.
The provision for children's development and learning is guided by The Early Years Foundation Stage (DCFS 2007). From September 2008 the Early Years Foundation Stage became law. This brings together Birth to Three Matters and the Curriculum Guidance for the Foundation Stage. Our provision reflects the four key themes and 16 commitments of the Early Years Foundation Stage.
## **Governance**
Ladybirds has a parent management committee whose members are elected by the parents of the children who attend the setting. The elections take place at our Annual General meeting in October.
The Committee is responsible for;
- a) managing the setting's finances,
- b) employing and managing the staff,
- c) making sure that the setting has, and works to, polices that help it to provide a high quality service,
- d) making sure that the setting works in partnership with the children's parents.
The Annual General meeting is open to the parents of all of the children who attend the setting. It is our shared form for looking back over the previous years activities and shaping the coming years plan. Our setting recognises parents as the first and most important educators of their children. All of the staff see themselves as partners with parents in providing care and education for their child.
There are many ways in which parents take part in making the setting a welcoming and stimulating place for children and parents, such as exchanging knowledge about their children's needs activities, interests and progress, with the staff helping at sessions of the setting, sharing their own special interests with the children, helping to provide, make and look after the equipment and materials used in the children's play activities, being part of the management of the setting, taking part in events and informal discussions about the activities and curriculum provided by the setting, joining in community activities in which the setting takes part and building friendships with other parents in the setting.
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**LADYBIRDS PLAYGROUP**
**Annual Report (continued)**
**for the year ended 31 August 2025**
## **Achievements and performance**
Ladybirds has had another amazing year, with the setting being full with each session at full capacity of 28 children we are now operating a waiting list. We have had some wonderful experiences this year for the children which has really helped their development from the music man coming in weekly, to a Shetland pony visit. The children thrive when they are happy and supported and with their additional needs the music man has been great music therapy.
We remain inclusive and look for different outside organisations to visit us and give all the children varied activities. This year we have had zoo lab visit and also a local pony which the children loved.
The fees paid by the parents had been forced upwards as a result of reduced government funding and increased costs. However, Ladybirds has continued to grow and been able to sustain the capacity numbers of children attending the setting; with a waiting list for children wanting to attend.
Following a fundraising effort, we have managed to have the garden refurbished so the children can enjoy more time outside. All expenditure has been well managed by staff and most areas have followed a similar spending pattern to other years. Significant increases have been seen in training, resources and equipment in recent years, which is due to the maximum number of children and the need to continually update equipment in order to keep it in line with current standards.
The results for the charity for the financial year are detailed on pages 5 and 6.
## **Public Benefit**
We maintain that the aims and objectives of the charity remain of public benefit as shown within the activities and achievements and performance above. The trustees consider that the objectives and activities of the charity are in accordance with the Charity Commissions' general guidance on public benefit. The early years development of the children benefitting from the Charity's objects gives them a much valued foundation for later schooling and life in general.
## **Reserves policy**
As well as a current account holding £52,352, the Charity holds £22,214 in a deposit account in case of closure should government funding and children demand reduce due to the need to increase the pricing. Funds held at the year end roll forward to enable summer clubs and the following school year to be adequately funded, i.e. retain staffing and other overheads.
Approved by the charity's trustees on **16 June 2026** and signed on their behalf by:
## **Mrs Nikki Courtman**
Trustee
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**Independent Examiner's Report to the Trustees of LADYBIRDS PLAYGROUP**
I report to the charity on my examination of the accounts of the charity for the year ended 31 August 2025, which are set out on pages 5 and 6.
## **Responsibilities and basis of Report**
As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. the accounts do not accord with those records, or
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
**K.J. Maggs B.A., F.C.A. Chartered Accountant Spalding**
## Date: **16 June 2026**
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## **LADYBIRDS PLAYGROUP**
## **Statement of Financial Activity**
## **for the year ended 31 August 2025**
**----- Start of picture text -----**
2025 2024
Total Total
£ £
Incoming resources
LCC Funding 112,668 70,769
Club fees 12,075 28,129
124,743 98,898
Fundraising 571 2,156
Investment income - Bank interest 364 145
Total incoming resources 125,678 101,199
Resources expended
Wages 95,329 76,300
Staff training and First Aid 410 147
Staff expenses 350 350
Uniforms and clothing 708 128
Toys, books and equipment 4,369 1,801
Educational visits and tutoring 1,702 450
Pet costs 168 105
Refreshments 882 1,505
Rent and rates - 1,681
Insurance 653 631
Repairs and renewals 379 90
Cleaning 1,094
Telephone 160 190
Post and stationery 889 433
Subscriptions 180 450
Sundry expenses 264 315
Independent examination 635 495
Professional fees 570 835
Payroll fees 546 1,152
Capital assets acquired 4,766 1,013
Total resources expended 114,054 88,071
Net expenditure 11,624 13,128
Cash funds at 1 September 65,743 52,615
Cash funds at 31 August 77,367 65,743
**----- End of picture text -----**
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## **LADYBIRDS PLAYGROUP**
## **Statement of Net Assets**
## **at 31 August 2025**
**----- Start of picture text -----**
Note 2025 2024
£ £
Cash deposits
Barclays Community account 52,352 41,328
Barclays Savings account - Redundancy 22,214 22,222
Barclays Savings account - Fundraising 2,801 2,193
77,367 65,743
Debtors
Counselling (Contract) - 738
PAYE and NI 2,060 756
Prepayments 505 707
Monetary assets 79,932 67,944
Creditors
Independent examiner's fee 500 500
Rent 156 -
Other professional fees 728 967
PAYE and NI - -
Monetary liabilities 1,384 1,467
Net monetary assets 78,548 66,477
**----- End of picture text -----**
## **Notes to the financial statements**
## **1 Accounting policies**
The statements of financial activities has been prepared on a receipts and payments basis which is a consistent basis to previous years.
## **2 Control**
The charity decisions are made by the trustees as a body and are detailed on page 1 of this report. No one trustee or group of trustees has a dominant control.
## **3 Related parties**
Trustees received reimbursed expenses during the year for playgroup items purchased for the nursery. Two trustees received remuneration during the year only in respect of their work as playschool teachers for the nursery and not in their capacity as Trustees.
## **4 Non-monetary assets**
On a regular basis the charity acquires equipment, toys and games for the children which will last more than one period but keeping a detailed track of such assets would take unreasonable amount of time.
During the year, the charity spent £4,547 on a garden area and furniture for that area. This area can be used for educational growing and other activities.
These accounts were approved by the board on **16 June 2026** .
**Mrs Michelle White**
Trustee
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