Charity registration number 1074901
Company registration number 03639507 (England and Wales)
MID TYNE KIDS CLUB
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
MID TYNE KIDS CLUB
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | Sarah Marshall |
|---|---|
| Elizabeth Harris | |
| Becky Dawson | |
| Secretary | Becky Dawson |
| Charity number | 1074901 |
| Company number | 03639507 |
| Principal address | C/o Broomley First School |
| Main Road | |
| Stocksfield | |
| Northumberland | |
| NE43 7NN | |
| Registered office | C/o Broomley First School |
| Main Road | |
| Stocksfield | |
| Northumberland | |
| NE43 7NN | |
| Independent examiner | John Hart |
| St Matthews House | |
| Haugh Lane | |
| Hexham | |
| Northumberland | |
| NE46 3PU |
MID TYNE KIDS CLUB
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 - 5 |
| Balance sheet | 6 - 7 |
| Notes to the financial statements | 8 - 14 |
MID TYNE KIDS CLUB
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 AUGUST 2025
The trustees present their annual report and financial statements for the year ended 31 August 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the club's articles and memorandum of association, the Companies Act 2006 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 (FRS 102)” (as amended for accounting periods commencing from 1 January 2016).
Objectives and activities
The club's objectives are to provide good quality, affordable childcare both after school and during the school holidays. This is achieved by operating a Kids Club for children at First and Middle schools in the local area, in the age range 4 to 12 years old. The club operates from Broomley First School, Stocksfield.
Public benefit
The trustees have considered the guidance produced by the Charity Commission on the provision of public benefit and they confirm that public benefit has been provided by having aims that fall within the charitable purposes of the advancement of education.
Achievements and performance
It has been another extremely positive year for the club. The number of pupils utilising the club for both wraparound care and holiday club has continued to grow. The staff work tirelessly to ensure that we can offer high quality provision. We have continued to welcome a number of new families to the club, primarily Broomley First School families, but also other families from the local community. We have continued to offer high quality provision for children with additional needs. Our breakfast club has thrived and we were pleased to attain a 5 star food hygiene rating. We have continued to make improvements to the building as part of our ongoing maintenance schedule.
Following ongoing discussions for a number of years, the decision was made to transfer Mid Tyne Kids Club to Broomley First School in July 2025. This was a unanimous decision made by the trustees to safeguard the future of the club and to ensure that high quality provision would continue. In recent years we have found it challenging to fill trustee roles, especially those of directors. It was felt that continuing to run the club as volunteers placed significant time challenges on the trustees and was not sustainable. The transfer allows Broomley First School to tailor the wrap-around care that they offer to families, and to expand the club by utilising additional spaces within the school building. Such an expansion would be in line with the government’s aspirations to increase the number of places for wrap-around care over the coming years.
The trustees would like to thank all staff for providing such a welcoming and nurturing environment to all children and their families over the last two decades. It is an important service that benefits the school community and supports many families, we look forward to seeing how the club thrives under the care of Broomley First School.
Financial review
The club has reported net expenditure of £28,491 (2024 - net expenditure £9,312) and unrestricted funds of nil (2024 - £3,491) are held at the year end, of which nil (2024 - £25,000) represent designated funds.
- 1 -
MID TYNE KIDS CLUB
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
Future developments
The trustees will now close the charity with the Charities Commission following the publication of our final set of accounts.
Structure, governance and management
The club is a company limited by guarantee. The governing document is the memorandum and articles of association and the operations of the club are overseen by the board of trustees who are also directors of the club and act on a voluntary basis.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
Sarah Marshall Elizabeth Harris Becky Dawson
None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
The trustees' report was approved by the Board of Trustees.
Dated: 5 March 2026
Elizabeth Harris
Director and trustee
- 2 -
MID TYNE KIDS CLUB
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF MID TYNE KIDS CLUB
I report to the trustees on my examination of the financial statements of Mid Tyne Kids Club (the club) for the year ended 31 August 2025.
Responsibilities and basis of report
As the trustees of the club (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the club 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 the club’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable 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 that in any material respect:
-
1 accounting records were not kept in respect of the club as required by section 386 of the 2006 Act; or
-
2 the financial statements do not accord with those records; or
-
3 the financial statements 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
-
4 the financial statements 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 financial statements to be reached.
John Hart
St Matthews House Haugh Lane Hexham Northumberland NE46 3PU
Dated: 5 March 2026
- 3 -
MID TYNE KIDS CLUB
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2025
Current financial year
| Unrestricted Unrestricted Total funds funds general designated 2025 2025 2025 Notes £ £ £ Income from: Charitable activities - income 2 62,859 - 62,859 Investments 3 256 - 256 Total income 63,115 - 63,115 Expenditure on: Charitable activities - expenditure 4 85,801 - 85,801 Other 5,805 - 5,805 Total resources expended 91,606 - 91,606 Net outgoing resources before transfers (28,491) - (28,491) Gross transfers between funds 25,000 (25,000) - Net expenditure for the year Net movement in funds (3,491) (25,000) (28,491) Transfer - - - Fund balances at 1 September 2024 3,491 25,000 28,491 Fund balances at 31 August 2025 - - - |
Total 2024 £ 78,436 225 78,661 87,973 - 87,973 (9,312) - (9,312) - 37,803 28,491 |
|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
- 4 -
MID TYNE KIDS CLUB
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 AUGUST 2025
Prior financial year
| Unrestricted Unrestricted funds funds general designated 2024 2024 Notes £ £ Income from: Charitable activities - income 2 78,436 - Investments 3 225 - Total income 78,661 - Expenditure on: Charitable activities - expenditure 4 87,973 - Total resources expended 87,973 - Net outgoing resources before transfers (9,312) - Gross transfers between funds 5,000 (5,000) Net expenditure for the year/ Net movement in funds (4,312) (5,000) Fund balances at 1 September 2023 7,803 30,000 Fund balances at 31 August 2024 3,491 25,000 |
Total 2024 £ 78,436 225 78,661 87,973 87,973 (9,312) - (9,312) 37,803 28,491 |
|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
- 5 -
MID TYNE KIDS CLUB
BALANCE SHEET
AS AT 31 AUGUST 2025
| 2025 Notes £ Fixed assets Tangible assets 10 Current assets Debtors 11 1,059 Cash at bank and in hand 10,730 11,789 Creditors: amounts falling due within one year 12 (11,789) Net current assets Total assets less current liabilities Income funds Unrestricted funds-general Designated funds 14 - General unrestricted funds - |
2024 £ £ - 8,115 29,215 37,330 (14,644) - - 25,000 3,491 - - |
£ 5,805 22,686 |
|---|---|---|
| 28,491 | ||
| 28,491 | ||
| 28,491 |
- 6 -
MID TYNE KIDS CLUB
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2025
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 August 2025.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the Trustees on 5 March 2026
Sarah Marshall Elizabeth Harris Trustee Trustee
Company Registration No. 03639507
- 7 -
MID TYNE KIDS CLUB
FOR THE YEAR ENDED 31 AUGUST 2025
NOTES TO THE FINANCIAL STATEMENTS
1 Accounting policies
Charity information
Mid Tyne Kids Club is a private company limited by guarantee incorporated in England and Wales. The registered office is C/o Broomley First School, Main Road, Stocksfield, Northumberland, NE43 7NN.
The club is a public benefit entity.
1.1 Accounting convention
The financial statements have been prepared in accordance with the club's governing document, the Companies Act 2006 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 (FRS 102) (effective 1 January 2019)". The club is a Public Benefit Entity as defined by FRS 102.
The club has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the club. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the club has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
Income is recognised when the club is legally entitled, after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Fee income, for childcare services, is recorded in the period to which it relates.
1.5 Expenditure
Expenditure is recorded on an accruals basis, inclusive of VAT.
- 8 -
MID TYNE KIDS CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1 Accounting policies
(Continued)
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Assets are capitalised where their cost is greater than £100.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Portacabin Depreciated over 20 years Equipment 15% reducing balance Fixtures and Fittings 15% reducing balance
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at banks and any bank overdraft. Bank overdrafts are shown within borrowings in current liabilities.
1.8 Financial instruments
Basic financial assets, including debtors and cash and bank balances are measured at transaction price.
Basic financial liabilities, including creditors and bank loans are recognised at transaction price.
1.9 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
1.10 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
2 Income from charitable activities
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2025 | 2024 | |
| £ | £ | |
| Operating a Kids Club | ||
| Fee income | 62,859 | 78,436 |
- 9 -
MID TYNE KIDS CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
3 Income from investments
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2025 | 2024 | |
| £ | £ | |
| Interest receivable | 256 | 225 |
4 Charitable activities - expenditure
| Staff costs Depreciation and impairment Provision of services Share of support costs (see note 5) Share of governance costs (see note 5) Support costs allocated to activities Operating costs Repairs & maintenance Admin costs Other staff costs Accountancy and independent examination fees Analysed between: Operating a Kids Club |
2025 £ 64,664 - 2,107 66,771 16,240 2,790 85,801 2025 £ 3,529 232 11,769 710 2,790 19,030 19,030 |
2024 £ 68,479 1,616 3,037 |
|---|---|---|
| 73,132 12,231 2,610 |
||
| 87,973 | ||
| 2024 £ 1,106 2,205 8,571 349 2,610 |
||
| 14,841 | ||
| 14,841 |
5 Support costs allocated to activities
- 10 -
MID TYNE KIDS CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
| 6 | Net movement in funds | 2025 | 2024 |
|---|---|---|---|
| £ | £ | ||
| The net movement in funds is stated after charging/(crediting): | |||
| Depreciation of owned tangible fixed assets | - | 1,616 | |
| Loss on disposal of tangible fixed assets | 5,805 | - |
7 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the club during the year. No expenses were paid to any of the trustees.
8 Employees
The average monthly number of employees during the year was:
| 2025 | 2024 | |
|---|---|---|
| Number | Number | |
| 7 | 7 | |
| Employment costs | 2025 | 2024 |
| £ | £ | |
| Wages and salaries | 63,976 | 68,090 |
| Other pension costs | 688 | 389 |
| 64,664 | 68,479 |
There were no employees whose annual remuneration was more than £60,000.
9 Taxation
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
- 11 -
MID TYNE KIDS CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
| 10 | Tangible fixed assets | ||||
|---|---|---|---|---|---|
| Portacabin | Equipment | Fixtures and | Total | ||
| Fittings | |||||
| £ | £ | £ | £ | ||
| Cost | |||||
| At 1 September 2024 | 48,280 | 2,811 | 4,294 | 55,385 | |
| Disposals | (48,280) | (2,811) | (4,294) | (55,385) | |
| At 31 August 2025 | - | - | - | - | |
| Depreciation and impairment | |||||
| At 1 September 2024 | 46,481 | 1,668 | 1,431 | 49,580 | |
| Eliminated in respect of disposals | (46,481) | (1,668) | (1,431) | (49,580) | |
| At 31 August 2025 | - | - | - | - | |
| Carrying amount | |||||
| At 31 August 2025 | - | - | - | - | |
| At 31 August 2024 | 1,799 | 1,143 | 2,863 | 5,805 | |
| 11 | Debtors | ||||
| 2025 | 2024 | ||||
| Amounts falling due within one year: | £ | £ | |||
| Trade debtors | 359 | 8,115 | |||
| Other debtors | 700 | - | |||
| 1,059 | 8,115 | ||||
| 12 | Creditors: amounts falling due within one year | ||||
| 2025 | 2024 | ||||
| £ | £ | ||||
| Other creditors | - | 12,034 | |||
| Accruals and deferred income | 11,789 | 2,610 | |||
| 11,789 | 14,644 |
- 12 -
MID TYNE KIDS CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
| 13 | Retirement benefit schemes | ||
|---|---|---|---|
| 2025 | 2024 | ||
| Defined contribution schemes | £ | £ | |
| Charge to profit or loss in respect of defined contribution schemes | 688 | 389 |
The club operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the club in an independently administered fund.
14 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At 1 September 2024 Incoming resources Resources expended Transfers At 31 £ £ £ £ Reserve fund 25,000 - - (25,000) General funds 3,491 63,115 (91,606) 25,000 28,491 63,115 (91,606) - Previous year: At 1 September 2023 Incoming resources Resources expended Transfers At 31 £ £ £ £ Reserve fund 30,000 - - (5,000) General funds 7,803 78,661 (87,973) 5,000 37,803 78,661 (87,973) - |
August 2025 £ - - |
|---|---|
| - | |
| August 2024 £ 25,000 3,491 |
|
| 28,491 |
- 13 -
MID TYNE KIDS CLUB
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
| 15 Analysis of net assets between funds Unrestricted funds Designated funds 2025 2025 £ £ Fund balances at 31 August 2025 are represented by: Tangible assets - - Current assets/(liabilities) - - - - |
Total Unrestricted funds Designated funds 2025 2024 2024 £ £ £ - 5,805 - - (2,314) 25,000 - 3,491 25,000 |
Total 2024 £ 5,805 22,686 |
|---|---|---|
| 28,491 |
16 Related party transactions
There were no disclosable related party transactions during the year (2024 - none).
- 14 -