REGISTERED COMPANY NUMBER: 03277750 (England and Wales) REGISTERED CHARITY NUMBER: 1061942
Report of the Trustees and
Unaudited Financial Statements
for the Period 1 April 2024 to 28 February 2025
for
Keighley Kiddicare Ltd
Stirk Lambert & Co Chartered Accountants Russell Chambers 61a North Street Keighley West Yorkshire BD21 3DS
Keighley Kiddicare Ltd
Contents of the Financial Statements for the Period 1 April 2024 to 28 February 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | to | 7 |
| Notes to the Financial Statements | 8 | to | 14 |
| Detailed Statement of Financial Activities | 15 |
Keighley Kiddicare Ltd (Registered number: 03277750)
Report of the Trustees for the Period 1 April 2024 to 28 February 2025
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 period 1 April 2024 to 28 February 2025. 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 main objective is to provide childcare for families in the Keighley area, particularly children from lone parent families, children from disadvantaged areas and children with disabilities.
Significant activities
The main activities are:- nursery day-care for children aged 0 to 4 at our day nursery in the Highfield Community Centre in Keighley; before and after school care for children aged 3 to 12 at St. Joseph's Primary School. and school holiday playschemes are held at the nursery for children up to 11 years of age.
Public benefit
The charity's public benefit is providing facilities for the daily care, recreation and education of children who are below compulsory school age or who are of compulsory school age during out of school hours and holidays to children in Keighley and the surrounding areas.
The Trustees are aware of the Charity Commission guidance on public benefit and are satisfied that the activities of the charity comply with public benefit requirements.
Complaints
The Trustees received no reported complaints in 2024/25.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
The nursery and playscheme were inspected by Ofsted in August and retained the good grading. Summer playscheme was not well attended and had a significant number of children with additional needs requiring additional staff costing more than anticipated. In the Autum statement the government announced an increase to the minimum wage and national insurance contributions. The trustees spent considerable time assessing the impact on the organisation. Towards the end of the month the local authority informed the organisation should pay rent for use of the premises at the Highfield Centre. They quoted £17,000 pa. The organsiation could not meet these additional costs so the trustees decided (at the AGM) to close down the charity whilst there were still sufficient funds to meet all obligations. The charity ceased the childcare on 20 December. Parents were notified in advance and the staff and local authority advisor worked with parents to ensure all children were accommodated elsewhere. All the staff secured alternative employment. The building was emptied at the beginning of 2025, furniture and equipment was donated to local childrens charities: Keighley Community Nursery, Staying Put, Highfield Community Playgroup and Highfield Community Association. The building was handed back to the local authority at the end of February.
FINANCIAL REVIEW
Financial position
During the year there was a deficit of £129,374, an increase on the deficit of £46,061 in 2023/24.
To manage performance and cashflow the trustees receive monthly management accounts and monitor income and expenditure against cashflow forecasts.
Principal funding sources
Parental fees and Early Education funding are the principal funding sources. These 2 sources of funding made up over 90% of our total income. The balance came mainly from Inclusion funding and fundraising.
Investment policy and objectives
The trustees have made the decision to close the charity. The charity therefore no longer adheres to an investment policy as all residual assets will be distributed to a nominated charity upon closure.
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Keighley Kiddicare Ltd (Registered number: 03277750)
Report of the Trustees for the Period 1 April 2024 to 28 February 2025
FINANCIAL REVIEW
Reserves policy
The trustees have made the decision to close the charity. The charity therefore no longer adheres to a reserves policy.
Going concern
The trustees have made the decision to close the charity as it continues to operate at a deficit, which is not sustainable in the long term. The financial statements have therefore not been prepared on the going concern basis.
FUTURE DEVELOPMENTS
Carol Dlambulo remaind company secretary and supported by the trustees lead the senior staff team in winding down the charity.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Keighley Kiddicare Limited is a registered charity (No. 1061942) and a company limited by guarantee (No. 3277750). The company is governed by its Memorandum and Articles of Association.
Recruitment and appointment of new trustees
Under the requirements of the Memorandum and Articles of Association, Trustees are elected to serve for a period of three years, after which they must seek re-election at the next Annual General Meeting.
A quorate Trustees' meeting may co-opt new Trustees at any time. They must then seek election at the next Annual General meeting.
In order to retain the original ethos of the charity, the Trustees will endeavour to ensure that new members are recruited primarily from service users, as well as ensuring that relevant skills are represented, e.g. business, finance, childcare, voluntary sector.
Organisational structure
Keighley Kiddicare's Board of Trustees must consist, according to the Articles of Association, of at least 3 members with no maximum number. The Trustees consider that a Board of between 8 to 12 members is an optimum number. The Board meets 6 to 8 times a year.
Day to day responsibility for service delivery and financial management is delegated to the Nursery and Out of School Managers.
Induction and training of new trustees
New Trustees will be provided with information about the history, structure and governance of the organisation as well as its financial position and strategic priorities.
New Trustees will be referred to relevant training courses aimed at voluntary sector committee members.
Related parties
Kiddicare's service delivery is consistent with the aims of the Early Years Foundation Stage, and is supported by Bradford Council.
On a local level, Kiddicare has strong links with local schools, colleges, Family Support workers and other professional agencies.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
03277750 (England and Wales)
Registered Charity number
1061942
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Keighley Kiddicare Ltd (Registered number: 03277750)
Report of the Trustees for the Period 1 April 2024 to 28 February 2025
Registered office Highfield Community Centre Drewry Road Keighley West Yorkshire BD21 2QG Trustees P Greenwood Treasurer R Manley Chair S Widdop P Manley Vice Chair Ms A Whelan (appointed 6.6.24) Company Secretary C Dlambulo Independent Examiner Catherine Hill ACA CTA Stirk Lambert & Co Chartered Accountants Russell Chambers 61a North Street Keighley West Yorkshire BD21 3DS Bank Lloyds Bank Hustlergate Bradford BD1 1NT
CESSATION OF TRADING
The charitable company ceased activities on 28 February 2025.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 26 November 2025 and signed on its behalf by:
R Manley - Trustee
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Independent Examiner's Report to the Trustees of Keighley Kiddicare Ltd (Registered number: 03277750)
Independent examiner's report to the trustees of Keighley Kiddicare Ltd ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the period 1 April 2024 to 28 February 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Catherine Hill ACA CTA
Stirk Lambert & Co Chartered Accountants Russell Chambers 61a North Street Keighley West Yorkshire BD21 3DS
26 November 2025
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Keighley Kiddicare Ltd
Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Period 1 April 2024 to 28 February 2025
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Charitable activities 4 Charitable activities 218,926 Other trading activities 2 297 Investment income 3 886 Total 220,109 EXPENDITURE ON Charitable activities Charitable activities 302,341 Governance costs 47,112 Total 349,453 NET INCOME/(EXPENDITURE) (129,344) RECONCILIATION OF FUNDS Total funds brought forward 129,078 TOTAL FUNDS CARRIED FORWARD (266) |
Restricted funds £ - - - - 30 - 30 (30) 30 - |
Period 1.4.24 to Year ended 28.2.25 31.3.24 Total Total funds funds £ £ 218,926 250,595 297 328 886 1,175 220,109 252,098 302,371 251,742 47,112 46,417 349,483 298,159 (129,374) (46,061) 129,108 175,169 (266) 129,108 |
|---|---|---|
The notes form part of these financial statements
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Keighley Kiddicare Ltd (Registered number: 03277750)
Balance Sheet 28 February 2025
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 9 265 CURRENT ASSETS Debtors 10 - Cash at bank and in hand 39,306 39,306 CREDITORS Amounts falling due within one year 11 (39,837) NET CURRENT ASSETS/(LIABILITIES) (531) TOTAL ASSETS LESS CURRENT LIABILITIES (266) CREDITORS Amounts falling due after more than one year 12 - NET ASSETS (266) FUNDS 15 Unrestricted funds: General fund Capital Grant Restricted funds TOTAL FUNDS |
Restricted funds £ - - - - - - - - - |
28.2.25 Total funds £ 265 - 39,306 39,306 (39,837) (531) (266) - (266) (266) - (266) - (266) |
31.3.24 Total funds £ 11,685 15,897 160,389 176,286 (45,442) 130,844 142,529 (13,421) 129,108 126,989 2,089 129,078 30 129,108 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2025.
The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2025 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.
The notes form part of these financial statements
Page 6
continued...
Keighley Kiddicare Ltd (Registered number: 03277750)
Balance Sheet - continued 28 February 2025
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 26 November 2025 and were signed on its behalf by:
R Manley - Trustee
The notes form part of these financial statements
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Keighley Kiddicare Ltd
Notes to the Financial Statements
for the Period 1 April 2024 to 28 February 2025
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.
The financial statements have been prepared on a basis other than that of the going concern basis as it is the intention of the trustees to close the charity. This basis includes, where relevant, restatement of the charity’s assets to recoverable value. Future costs relating to the closure have not been recognised unless these costs were committed at the reporting date.
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.
Plant and machinery - 20% on reducing balance Motor vehicles - 20% on reducing balance Computer equipment - 20% on reducing balance
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.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The company operates a defined contribution scheme for specific employees. The pension cost charge represents amounts paid during the year in respect of this scheme.
continued...
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Keighley Kiddicare Ltd
Notes to the Financial Statements - continued for the Period 1 April 2024 to 28 February 2025
2. OTHER TRADING ACTIVITIES
| Fundraising events 3. INVESTMENT INCOME Deposit account interest 4. INCOME FROM CHARITABLE ACTIVITIES Activity Childcare fees Charitable activities Childcare fee bad debts Charitable activities Grants Charitable activities Grants received, included in the above, are as follows: Special Educational Needs - Aiming High Early Education Fund 5. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets Other operating leases Deficit on disposal of fixed assets |
Period 1.4.24 to Year ended 28.2.25 31.3.24 £ £ 297 328 Period 1.4.24 to Year ended 28.2.25 31.3.24 £ £ 886 1,175 Period 1.4.24 to Year ended 28.2.25 31.3.24 £ £ 106,974 143,575 (7,649) (1,582) 119,601 108,602 218,926 250,595 Period 1.4.24 to Year ended 28.2.25 31.3.24 £ £ 8,529 - 111,072 108,602 119,601 108,602 Period 1.4.24 to Year ended 28.2.25 31.3.24 £ £ 132 2,953 6,143 2,953 8,690 - |
|---|---|
continued...
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Keighley Kiddicare Ltd
Notes to the Financial Statements - continued for the Period 1 April 2024 to 28 February 2025
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the period ended 28 February 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the period ended 28 February 2025 nor for the year ended 31 March 2024.
7. STAFF COSTS
The average monthly number of employees during the period was as follows:
8.
| Direct charitable work Administrative No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Charitable activities Charitable activities 250,595 Other trading activities 328 Investment income 1,175 Total 252,098 EXPENDITURE ON Charitable activities Charitable activities 251,730 Governance costs 46,417 Total 298,147 NET INCOME/(EXPENDITURE) (46,049) RECONCILIATION OF FUNDS Total funds brought forward 175,127 TOTAL FUNDS CARRIED FORWARD 129,078 |
Period 1.4.24 to Year ended 28.2.25 31.3.24 12 16 2 2 14 18 Restricted Total funds funds £ £ - 250,595 - 328 - 1,175 - 252,098 12 251,742 - 46,417 12 298,159 (12) (46,061) 42 175,169 30 129,108 |
|---|---|
continued...
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Keighley Kiddicare Ltd
Notes to the Financial Statements - continued for the Period 1 April 2024 to 28 February 2025
9. TANGIBLE FIXED ASSETS
| Plant and machinery £ COST At 1 April 2024 61,355 Disposals (61,355) At 28 February 2025 - DEPRECIATION At 1 April 2024 56,909 Charge for year - Eliminated on disposal (56,909) At 28 February 2025 - NET BOOK VALUE At 28 February 2025 - At 31 March 2024 4,446 10. DEBTORS Amounts falling due within one year: Trade debtors Prepayments and accrued income Amounts falling due after more than one year: Trade debtors Aggregate amounts |
Motor Computer vehicles equipment Totals £ £ £ 9,995 13,109 84,459 (9,995) (12,447) (83,797) - 662 662 3,598 12,267 72,774 - 132 132 (3,598) (12,002) (72,509) - 397 397 - 265 265 6,397 842 11,685 28.2.25 31.3.24 £ £ - 10,131 - 2,178 - 12,309 - 3,588 - 15,897 |
|---|---|
Debtors due in more than one year represents fees due from ex customers who are continuing to repay their debts to Keighley Kiddicare Limited on a weekly or monthly basis over an extended period of time.
continued...
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Keighley Kiddicare Ltd
Notes to the Financial Statements - continued for the Period 1 April 2024 to 28 February 2025
| 11. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|
| 28.2.25 | 31.3.24 | ||
| £ | £ | ||
| Bank loans and overdrafts (see note 13) | - | 2,135 | |
| Trade creditors | - | 3,181 | |
| Social security and other taxes | - | 1,823 | |
| Accruals and deferred income | 39,837 | 38,303 | |
| 39,837 | 45,442 | ||
| 12. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||
| 28.2.25 | 31.3.24 | ||
| £ | £ | ||
| Bank loans (see note 13) | - | 13,421 | |
| 13. | LOANS | ||
| An analysis of the maturity of loans is given below: | |||
| 28.2.25 | 31.3.24 | ||
| £ | £ | ||
| Amounts falling due within one year on demand: | |||
| Bank loans | - | 2,135 | |
| Amounts falling between one and two years: | |||
| Bank loans - 1-2 years | - | 2,189 | |
| Amounts falling due between two and five years: | |||
| Bank loans - 2-5 years | - | 6,905 | |
| Amounts falling due in more than five years: | |||
| Repayable by instalments: | |||
| Bank loans more 5 yr by instal | - | 4,327 | |
| 14. | LEASING AGREEMENTS | ||
| Minimum lease payments under non-cancellable operating leases fall due as follows: | |||
| 28.2.25 | 31.3.24 | ||
| £ | £ | ||
| Within one year | - | 130 |
continued...
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Keighley Kiddicare Ltd
Notes to the Financial Statements - continued for the Period 1 April 2024 to 28 February 2025
15. MOVEMENT IN FUNDS
| Unrestricted funds General fund Capital Grant Restricted funds Grants TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Capital Grant Restricted funds Grants TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund Capital Grant Restricted funds Grants TOTAL FUNDS |
At 1.4.24 £ 126,989 2,089 129,078 30 129,108 Incoming resources £ 220,109 - 220,109 - 220,109 At 1.4.23 £ 172,516 2,611 175,127 42 175,169 |
Net movement At in funds 28.2.25 £ £ (127,255) (266) (2,089) - (129,344) (266) (30) - (129,374) (266) Resources Movement expended in funds £ £ (347,364) (127,255) (2,089) (2,089) (349,453) (129,344) (30) (30) (349,483) (129,374) Net movement At in funds 31.3.24 £ £ (45,527) 126,989 (522) 2,089 (46,049) 129,078 (12) 30 (46,061) 129,108 |
|---|---|---|
continued...
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Keighley Kiddicare Ltd
Notes to the Financial Statements - continued for the Period 1 April 2024 to 28 February 2025
15. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Capital Grant Restricted funds Grants TOTAL FUNDS |
Incoming resources £ 252,098 - 252,098 - 252,098 |
Resources Movement expended in funds £ £ (297,625) (45,527) (522) (522) (298,147) (46,049) (12) (12) (298,159) (46,061) |
|---|---|---|
16. RELATED PARTY DISCLOSURES
There were no related party transactions for the period ended 28 February 2025.
17. TRUSTEES' INTEREST
There were no material trustees' interests to disclose during the year.
Page 14
Keighley Kiddicare Ltd
Detailed Statement of Financial Activities for the Period 1 April 2024 to 28 February 2025
| Period | ||
|---|---|---|
| 1.4.24 | ||
| to | Year ended | |
| 28.2.25 | 31.3.24 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Other trading activities | ||
| Fundraising events | 297 | 328 |
| Investment income | ||
| Deposit account interest | 886 | 1,175 |
| Charitable activities | ||
| Childcare fees | 106,974 | 143,575 |
| Childcare fee bad debts | (7,649) | (1,582) |
| Grants | 119,601 | 108,602 |
| 218,926 | 250,595 | |
| Total incoming resources | 220,109 | 252,098 |
| EXPENDITURE | ||
| Charitable activities | ||
| Wages | 290,510 | 245,583 |
| Pensions | 2,530 | 2,435 |
| Other operating leases | 6,143 | 2,953 |
| Rates and water | 8,544 | 9,546 |
| Insurance | 1,526 | 1,687 |
| Telephone | 3,270 | 4,557 |
| Postage and stationery | 449 | 507 |
| Advertising | 131 | 84 |
| Sundries | 1,087 | 1,221 |
| Minibus & travel expenses | 483 | 2,830 |
| Equipment and outings | 937 | 2,829 |
| Food & cleaning | 4,852 | 2,490 |
| Repairs and renewals | 11,725 | 9,474 |
| Accountancy | 5,656 | 5,098 |
| Training | 888 | 991 |
| Rent | 1,667 | 2,500 |
| Plant and machinery | - | 1,111 |
| Motor vehicles | - | 1,599 |
| Computer equipment | 132 | 244 |
| Loss on sale of tangible fixed assets | 8,690 | - |
| Bank loan interest | 263 | 420 |
| 349,483 | 298,159 | |
| Total resources expended | 349,483 | 298,159 |
| Net expenditure | (129,374) | (46,061) |
This page does not form part of the statutory financial statements
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