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← Fun 4 Kidz

2025-03-31-accounts

Charity registration number 1091549 (England and Wales) Company registration number 04201603

FUN 4 KIDZ

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FUN 4 KIDZ

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Ms C Whiteside
Mrs M Cox (Treasurer)
Miss A Fell
Mr D R G Hains (Chair)
Mr L T Isaac
Mrs M J Rogers
Mr I R Ashton (Appointed 16 April 2024)
Mr I K Crook
Secretary Mrs C Ross
Charity number (England and Wales) 1091549
Company number 04201603
Registered office The L30 Centre
Stonyfield
Netherton
Liverpool
Merseyside
L30 0QS
Auditor Xeinadin North West Limited
46 Hamilton Square
Birkenhead
Wirral
Merseyside
CH41 5AR
Bankers National Westminster Bank Plc
329 Stanley Road
Bootle
Liverpool
L20 3EH

FUN 4 KIDZ

CONTENTS

Page
Trustees' report 1 - 7
Statement of trustees' responsibilities 8
Independent auditor's report 9 - 12
Statement of financial activities 13
Balance sheet 14
Statement of cash flows 15
Notes to the financial statements 16 - 26

FUN 4 KIDZ

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2025

The trustees present their annual report and financial statements for the year ended 31 March 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 charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)".

Objectives and activities

Fun 4 Kidz's mission is " A place where people enjoy being together"

Fun 4 Kidz aims to:

In setting our objectives and planning our activities our trustees have given careful consideration to the Charity Commission's general guidance on public benefit and in particular to its supplementary public benefit guidance on advancing education and on fee charging.

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

FUN 4 KIDZ

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Achievements and performance

Chairman’s Report 2024 – 2025

It seems to go without saying that the past year has been another period of exciting development and challenging change for Fun4Kidz and the L30 Community Centre.

Under the brilliant guidance of Debbie Stephens and her dedicated team, the organisation has gone from strength to strength, indeed many of the challenges faced are a result of the organisation’s success and very strong reputation.

It is s source of great pride to the Board of Directors that the L30 Community Centre continues to be a treasured and crucial community hub. It is a delight to see that many of the activities taking place at the centre are now led by the community members themselves who have been inspired, trained and motivated to improve local lives.

Similarly, the esteem in which Fun4Kidz breakfast clubs, after-school clubs and holiday clubs are held is evidence of the very highest quality provision. This is seen in the unfailingly positive questionnaire feedback received, glowing Ofsted reports and by the frequent requests to establish new clubs at new settings in new schools.

Of the many challenges faced, recruiting new staff is undoubtedly one on both a local and national level. Typically, Fun4Kidz has addressed this issue by delivering work programmes and training to develop skills and the employment prospects of our community.

It was a source of sadness that the Multi Academy Trust that one school with a long-standing relationship with Fun4Kidz opted to dispense with our services. The fact that St. Phillip’s, Southport, English Martyrs, Litherland, St. Elizabeth’s, Bootle have all asked to come board and that significant expansion at Farnborough Road, Birkdale and Rimrose Hope, Seaforth has taken place demonstrates the way that the organisation is viewed and valued.

Fun4Kidz is a forward thinking organisation with a clear vision and ethos. The last year has seen a carefully developed strategic plan come into operation, multiple bids made to secure additional funding and efforts made to access more space at the L30 Community Centre site to help meet the demands of a community with a great capacity to grow.

We are excited at the prospect of refining administrative and central leadership roles and structure – this includes the establishment of an online booking facility which is urgently needed.

After such a positive year, it is sad to have to finish by reflecting on the event that shook the northwest and the country as a whole so horrifically. The events in Southport in July 2024 were not just geographically close to home. All three families who lost loved ones had strong associations with Fun4Kidz. The impact on us all was deeply traumatic but, under Debbie and Becky’s calm and compassionate leadership, every possible step was taken to support families, schools and communities.

On behalf of the board of directors, I would like to express my gratitude and admiration to all Fun4Kidz and L30 Community Centre staff for their unstinting dedication in good times and bad. It a pleasure to be associated with such a caring, vibrant and community-centred organisation.

Daniel R. G. Hains – Chair of the board of directors

FUN 4 KIDZ

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Chief Executive Report 2024–2025

The past year has been one of both reflection and renewal for Fun 4 Kidz and the L30 Community Centre. As an organisation deeply rooted in community, we recognised the importance of pausing to assess our direction, understand our challenges, and prepare for the next phase of growth. This year, we undertook an intentional process of reviewing our operations, engaging with staff, strengthening governance and identifying long-term priorities.

This work has laid the foundation for a stronger, more resilient organisation—one equipped not only to meet the needs of families today but to have a lasting impact for future generations. While the year brought extraordinary pressures, and at times profound emotional strain, the organisation has emerged more united, more confident and more capable than ever.

Our ability to achieve this is a direct reflection of the people around us. We are fortunate to have a highly committed Board, a talented and passionate staff team, strong partners and flexible funding that has allowed us to respond with agility. Most importantly, we continue to be deeply supported and valued by our community, who engage with us every day with trust, warmth and honesty.

Despite significant challenges, 2024–2025 has been another positive and productive year, defined by growth, resilience, collaboration and community spirit.

Organisational Review and Strategic Direction

This year marked a major milestone in the organisation’s development: the completion of a comprehensive organisational review. The work was carried out pro bono by an external consultant who, after spending time with our team and community, felt so strongly about Fun 4 Kidz’s values and purpose that they have since joined our Board of Directors.

The review enabled us to step back and look holistically at our structures, operations, governance and long-term ambitions. As a result, we have:

This work has not only strengthened our foundations but has also given us new energy and clarity as we look toward future growth. With a stronger strategic framework and enhanced leadership capacity, the organisation is now better positioned to meet the evolving needs of local families and the wider community.

L30 Community Centre

The past year has seen remarkable growth in community participation, much of which has been driven by increasing opportunities for local people to take ownership of community initiatives and an increased footfall through the centre of almost 30,000.

Community spirit has been at the heart of everything we do, and nowhere has this been more evident than in the wide range of activities delivered from the L30 Community Centre. From slow cooker courses and socials, Afternoon Tea’s, holiday activities and ukulele lessons to intergenerational sessions, Family Teatime Club, the Cosy Comfort Club and an ever-growing calendar of exercise and wellbeing groups, the Centre continues to be a vibrant and welcoming space for all ages.

One of the standout moments of the year was the Summer Community Fun Day. The success of the event— attended by more than 500 people—was so overwhelming that the community asked for, and received, a second Fun Day before the school holidays ended. These events encapsulate the warmth, inclusiveness and energy that define Netherton, and reinforce our belief in the power of community-led activities to bring people together.

Understanding the true depth of community impact can be complex, especially in settings where change is relational and long-term. This year we introduced Ripple Effect Mapping (REM), an innovative method that helps capture intended and unintended outcomes of community-driven work.

FUN 4 KIDZ

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Across four REM sessions, participants shared powerful stories of:

Many spoke of forming their “friendship families” and reducing their reliance on statutory services. REM has shown how small connections can lead to lasting transformation, and it will remain a key tool in how we evaluate and communicate impact.

Fun 4 Kidz

One of the most significant achievements this year has been the expansion of our out of school clubs. We successfully opened three new afterschool clubs at St Elizabeth’s Bootle, English Martyrs’ Litherland and St Philip’s Southport—and expanded two existing settings at Seaforth and Farnborough Road, Birkdale. With these openings we now have 10 afterschool clubs, 3 breakfast clubs and 2 holiday clubs, providing care for over 800 children each week, this is despite losing our afterschool and holiday club at Churchtown, at the Multi Academy Trust made the decision to take the provision in house. This is an essential provision to enable parents/carers to work or train, alongside providing additional support for families needing professional intervention. Most importantly these clubs enable our children to learn and develop, across all areas, through a wide range of fun activities.

Funding & Support

We have benefitted from significant funding through the Government’s Wraparound Childcare Programme, which has provided essential support as new settings grow to full occupancy. The Steve Morgan Foundation Associate funding has given us rare flexibility, allowing us to invest in infrastructure, innovation and strategic planning without compromising delivery. The National Lottery Reaching Communities Fund has continued to fund the salaries of staff to run the L30 Centre and Cadent has continued to fund Citizen Advice Sefton and Slow Cooker courses. Along with a number of small grants from Sefton Council, Sefton CVS and Asda this has ensured that a wide range of activities have been provided and we sincerely thank all of our funders and all of the organisations who make donations of resources. We could not achieve what we do without this support.

Challenges and Learning

While the year has brought many achievements, it has also presented some significant challenges.

Recruitment and Workforce Development

The national shortage of qualified childcare workers remains a persistent challenge. In response, we have strengthened our long-standing commitment to “growing our own” workforce. Working with Sefton@Work we have provided placements for employment programmes, we have diversified recruitment pathways and sought to remove barriers for individuals returning to work.

This year, our offer of free childcare for staff was particularly successful, enabling six local mums to return to employment in roles that suit school hours and holidays. We also hosted placements through the Young Person’s Guarantee Programme, and both participants were successful in securing permanent roles with us. However, we continue to highlight the limitations of age-restricted programmes, and advocate for more inclusive initiatives that could benefit a wider range of local people.

Impact of School Academisation

The ongoing shift toward schools joining Multi Academy Trusts continues to pose risks for organisations like ours. This year, we received notice that one of our long-standing settings—delivered for over 9 years—would be taken inhouse by an academy.

While the closure was a significant blow, the loyalty of our staff team shone through: five of the six members of staff chose to remain with Fun 4 Kidz. Their commitment directly enabled the smooth opening of new settings and helped to mitigate financial pressures.

Limitations of the L30 Community Centre Building

Demand for space at the L30 Community Centre continues to exceed capacity and with no options for expansion currently available, we will continue to explore long-term plans to secure a larger, purpose-built community centre.

FUN 4 KIDZ

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

The Heartbreak of Summer 2024

The events of 29 July 2024 are etched in our collective memory. The horrific attacks in Southport, and the devastating loss of Alice, Bebe and Elsie, three children who were part of our Fun 4 Kidz family, brought unimaginable grief to so many and our thoughts will always be with their families.

The immediate aftermath was overwhelming, with distressed parents desperately seeking reassurance and our team grappling with shock and heartbreak. Throughout the summer, our focus was on supporting the children, families and staff most affected by this. The compassion, unity and strength shown across the organisation reaffirmed the deep relationships and trust that exist with our families.

Plans and Priorities for the Year Ahead

The coming year will be one of consolidation and forward planning as we build on the foundations laid through our organisational review and new strategic direction.

Sustaining the Impact of L30’s Million

As the Big Local programme draws to a close in December 2025, we will support the transition to a resident-led group that will continue to guide the future of the L30 Community Centre. The forthcoming evaluation from the Heseltine Institute will help shape our funding applications to protect key roles beyond 2025.

Continuing to Expand Childcare Services

We remain committed to increasing access to high-quality, affordable childcare. Our focus next year will be on identifying need, recruiting and training staff, and maintaining high-quality environments across all settings.

Strengthening Long-Term Sustainability

With several major funding streams due to end, we will:

This work is crucial to protecting the long-term health of the organisation.

To conclude, this year has shown us the true character of Fun 4 Kidz and the L30 Community Centre: resilient, compassionate, resourceful and deeply committed to our community and the families we serve. We have grown in size, strengthened our structures, expanded services and navigated challenges that tested every part of the organisation.

Most importantly, we have done so together—with our staff, volunteers, partners and community members standing side by side and we sincerely thank them for all of their dedication, hard work and commitment. As we look ahead, we do so with renewed clarity and confidence. We remain committed to building strong foundations for the future, supporting families with compassion and expertise, and ensuring that we are alongside community so that it continues to thrive, not just today but for generations to come.

FUN 4 KIDZ

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Financial review

Financial position

During the year income amounted to £1,188,473 (2024: £995,573) and expenditure £1,063,477 (2024: £915,196) leaving a surplus of £124,996 (2024: £80,377), to be added to the reserves brought forward leaving total funds carried forward of £595,867 (2024 £470,871).

Bank and cash balances amounted to £622,452 (2024 £476,734).

Reserves policy

The Board continues to explore ways of increasing both its short and long term funding in order to ensure the long term stability of the charity.

The Board believes that it is taking all reasonable steps to minimise any identified risks to the organisation.

The organisation has worked hard to build reserves in order to give it longer-term stability given increased general economic uncertainty, the increase in national insurance contributions and national minimum wage, and the risk of our clubs ceasing for reasons beyond the charity’s control.

Fun 4 Kidz sets out to hold a minimum of approximately 3 months running costs in a general reserve to cover unexpected eventualities. As at 31 March 2025 general free reserves held amounted to £412,399. This is total funds of £595,867 less restricted funds of £68,662, designated funds of £113,723 and fixed assets of £1,083.

Fun 4 Kidz holds designated funds to cover potential staff redundancy costs which is reviewed annually, at 31 March 2025 this amounted to £83,723 and a further designated fund to cover the L30 Centre long term maintenance costs amounting to £30,000. The charity currently meets this requirement.

The trustees are mindful of the balance of funds at the year end and have, post year end, committed to carrying out necessary maintenance, investing in IT, potentially investing in establishing new clubs as and when requested, and investing funds in higher interest rate bank accounts.

Structure, governance and management

The charity is known as Fun 4 Kidz, and is constituted as a Company Limited by Guarantee and not having a share capital. The company is registered in England and Wales, No. 4201603. The principal governing document is the company Memorandum and Articles of Association. The charity was registered with the Charity Commissioners on 5 April 2002, No. 1091549.

The Board of Trustees make all decisions regarding policies, procedures and strategic development. Day to day management and decision making is made by the Chief Executive, Deborah Stephens, in consultation with all involved at Fun 4 Kidz

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:

Ms C Whiteside Mrs M Cox (Treasurer) Miss A Fell Mr D R G Hains (Chair) Mr L T Isaac Mrs M J Rogers Mr I R Ashton (Appointed 16 April 2024) Mr I K Crook

FUN 4 KIDZ

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Recruitment and appointment of trustees

Parents/carers and agencies are provided with information prior to the AGM regarding the roles and responsibilities of being a Trustee of Fun 4 Kidz. A meeting with interested parties is then held to provide further information and answer questions. If a person would like to become a Trustee they can be appointed at the AGM by 2 people nominating them and votes being counted by an independent teller who is nominated at the AGM and is someone with no responsibility within the organisation.

There is a Board of Trustees induction pack in place which sets out the procedure to be followed when inducting new Trustees.

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £10 in the event of a winding up.

Key management remuneration

The trustees consider the board of trustees and the chief executive as comprising the key management personnel of the charity in charge of directing and controlling the charity and operating the charity on a day to day basis. All trustees give of their time freely and no trustee remuneration or expenses were paid in the year.

Auditor

In accordance with the company's articles, a resolution proposing that Xeinadin North West Limited be reappointed as auditor of the company will be put at a General Meeting.

Disclosure of information to auditor

Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.

The trustees' report was approved by the Board of Trustees.

Mrs M Cox (Treasurer) Trustee

Mr D R G Hains (Chair) Trustee

25 November 2025

FUN 4 KIDZ

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 31 MARCH 2025

The trustees, who are also the directors of Fun 4 Kidz for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

FUN 4 KIDZ

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF FUN 4 KIDZ

Opinion

We have audited the financial statements of Fun 4 Kidz (the ‘charity’) for the year ended 31 March 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

FUN 4 KIDZ

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF FUN 4 KIDZ

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report included within the trustees' report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the statement of trustees' responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

FUN 4 KIDZ

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF FUN 4 KIDZ

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

We assessed the susceptibility of the group's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

To address the risk of fraud through management bias and override of controls, we:

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

FUN 4 KIDZ

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF FUN 4 KIDZ

Helen Furlong FCCA (Senior Statutory Auditor)

For and on behalf of Xeinadin North West Limited, Statutory Auditor Chartered Accountants 46 Hamilton Square Birkenhead Wirral Merseyside CH41 5AR Date: .........................

FUN 4 KIDZ

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted
Restricted
funds
funds
2025
2025
Notes
£
£
Income from:
Donations and legacies
3
7,658
-
Charitable activities
4
903,105
269,901
Investments
5
7,809
-
Total income
918,572
269,901
Expenditure on:
Charitable activities
6
856,913
206,564
Total expenditure
856,913
206,564
Net income and movement in
funds
61,659
63,337
Reconciliation of funds:
Fund balances at 1 April 2024
465,546
5,325
Fund balances at 31 March
2025
527,205
68,662		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
7,658
11,683
-
1,173,006
784,981
192,955
7,809
5,954
-
1,188,473
802,618
192,955
1,063,477
726,116
189,080
1,063,477
726,116
189,080
124,996
76,502
3,875
470,871
389,044
1,450
595,867
465,546
5,325		 Total
2024
£
11,683
977,936
5,954
995,573
915,196
915,196
80,377
390,494
470,871

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

FUN 4 KIDZ

BALANCE SHEET

AS AT 31 MARCH 2025

2025
Notes
£
£
Fixed assets
Tangible assets
12
1,083
Current assets
Debtors
13
42,365
Cash at bank and in hand
622,452
664,817
Creditors: amounts falling due within
one year
14
(70,033)
Net current assets
594,784
Total assets less current liabilities
595,867
The funds of the charity
Restricted income funds
17
68,662
Unrestricted funds
18
527,205
595,867
The financial statements were approved by the trustees on .........................
..............................
..............................
Mrs M Cox (Treasurer)
Mr D R G Hains (Chair)
Trustee
Trustee		 2024
£
26,822
476,734
503,556
(32,688)		 £
3
470,868
470,871
5,325
465,546
470,871

Company registration number 04201603 (England and Wales)

FUN 4 KIDZ

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025

Notes
Cash flows from operating activities
Cash generated from operations
21
Investing activities
Purchase of tangible fixed assets
Investment income received
Net cash generated from investing activities
Net cash generated from financing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2025
£
(1,440)
7,809		 £
139,349
6,369
-
145,718
476,734
622,452		 2024
£
-
5,954		 £
62,436
5,954
-
68,390
408,344
476,734

FUN 4 KIDZ

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

Charity information

Fun 4 Kidz is a private company limited by guarantee incorporated in England and Wales. The registered office is The L30 Centre, Stonyfield, Netherton, Liverpool, Merseyside, L30 0QS.

1.1 Basis of preparation

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. 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 charity 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.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

FUN 4 KIDZ

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

Income from donations and grants, including capital grants, is included in incoming resources when these are receivable, except as follows:

When donors specify that donations and grants given to the charity must be used in future accounting periods, the income is deferred until those periods.

When donors impose conditions which have to be fulfilled before the charity becomes entitled to use such income, the income is deferred and not included in incoming resources until the preconditions for use have been met.

When donors specify that donations and grants, including capital grants, are for particular restricted purposes, which do not amount to preconditions regarding entitlement, this income is included in incoming resources of restricted funds when receivable.

Voluntary income includes discretionary grants for projects, goods and services where no service agreement or contract exists.

Other grants, which have particular service requirements and which are provided in accordance with a contract or service level agreement are included in the Statement of Financial Activities under the heading Incoming Resources from Charitable Activities.

Afterschool, breakfast club and holiday club fees are recognised in the Statement of Financial Activities when the fees are receivable.

Interest is included when receivable by the charity.

Other income is included when received by the charity.

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

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.

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:

Fixtures and fittings 20% on cost
Computers 25% on cost
Motor vehicles 20% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

FUN 4 KIDZ

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

1.7 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.9 Employee benefits

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.10 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

FUN 4 KIDZ

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Income from donations and legacies

Donations and gifts
Income from charitable activities
Unrestricted
Restricted
funds
funds
2025
2025
£
£
After School
Fees received
582,822
-
Grants
-
94,498
Breakfast club
Fees received
92,370
-
Grants
-
5,119
Holiday clib
Fees received
112,572
-
Grants
-
7,463
Community centre
Fees received
64,841
-
Grants
50,500
162,821
903,105
269,901		 Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
7,658
11,683
Total
Unrestricted
Restricted
Total
funds
funds
2025
2024
2024
2024
£
£
£
£
582,822
517,905
-
517,905
94,498
-
-
-
92,370
60,374
-
60,374
5,119
-
-
-
112,572
118,566
-
118,566
7,463
-
24,560
24,560
64,841
63,136
-
63,136
213,321
25,000
168,395
193,395
1,173,006
784,981
192,955
977,936		 Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
7,658
11,683
Total
Unrestricted
Restricted
Total
funds
funds
2025
2024
2024
2024
£
£
£
£
582,822
517,905
-
517,905
94,498
-
-
-
92,370
60,374
-
60,374
5,119
-
-
-
112,572
118,566
-
118,566
7,463
-
24,560
24,560
64,841
63,136
-
63,136
213,321
25,000
168,395
193,395
1,173,006
784,981
192,955
977,936
Total
2024
£
517,905
-
60,374
-
118,566
24,560
63,136
193,395
977,936

4 Income from charitable activities

FUN 4 KIDZ

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

5 Income from investments

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Interest receivable 7,809 5,954

6 Expenditure on charitable activities

After school
2025
£
Direct costs
Staff costs
467,163
Depreciation and impairment
-
Direct costs
85,268
Property costs
12,073
Overheads
19,956
584,460
Share of support and governance costs (see note 7)
Support
10,574
Governance
5,848
600,882
Analysis by fund
Unrestricted funds
593,154
Restricted funds
7,728
600,882		 Breakfast
club
Holiday club Community
centre
2025
2025
2025
£
£
£
56,999
105,071
148,955
-
-
360
9,167
13,187
107,738
329
436
1,009
1,109
1,468
3,041
67,604
120,162
261,103
1,226
2,108
6,100
796
1,054
2,442
69,626
123,324
269,645
69,626
123,324
70,809
-
-
198,836
69,626
123,324
269,645		 Total
2025
£
778,188
360
215,360
13,847
25,574
1,033,329
20,008
10,140
1,063,477
856,913
206,564
1,063,477

FUN 4 KIDZ

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

6 Expenditure on charitable activities

(Continued)

Previous year:
After school
Breakfast
club
Holiday club Community
centre
2024
2024
2024
2024
£
£
£
£
Direct costs
Staff costs
396,051
64,532
131,916
94,847
Direct costs
72,615
5,840
17,225
73,755
Property costs
15,536
-
-
11,155
Overheads
7,352
839
2,081
3,601
491,554
71,211
151,222
183,358
Share of support and governance costs (see note 7)
Support
7,393
844
2,093
3,621
Governance
2,067
236
585
1,012
501,014
72,291
153,900
187,991
Analysis by fund
Unrestricted funds
501,014
72,291
129,340
23,471
Restricted funds
-
-
24,560
164,520
501,014
72,291
153,900
187,991		 Total
2024
£
687,346
169,435
26,691
13,873
897,345
13,951
3,900
915,196
726,116
189,080
915,196

7 Support costs allocated to activities

Payroll fees
Professional fees
Subscriptions
Bank charges
Donations
Governance costs
Analysed between:
After school
Breakfast club
Holiday club
Community centre		 2025
£
3,056
4,524
6,043
1,785
4,600
10,140
30,148
16,422
2,022
3,162
8,542
30,148		 2024
£
2,838
5,447
3,870
1,796
-
3,900
17,851
9,460
1,080
2,678
4,633
17,851

FUN 4 KIDZ

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

8 Net movement in funds 2025 2024
£ £
The net movement in funds is stated after charging/(crediting):
Fees payable to the charity's auditor:
- for the audit of the charity's financial statements 12,000 3,900
- for other financial services 4,140 -
Depreciation of owned tangible fixed assets 360 -

9 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits, including reimbursed expenses, from the charity during the current or previous year.

10 Employees

The average monthly number of employees during the year was:

Childcare
Community Centre
Administration
Total
Employment costs
Wages and salaries
Social security costs
Other pension costs		 2025
Number
48
5
4
57
2025
£
735,469
32,654
10,065
778,188		 2024
Number
45
5
4
54
2024
£
650,715
26,039
10,592
687,346

There were no employees whose annual remuneration was more than £60,000.

Remuneration of key management personnel

Remuneration to key management personnel amounted to £64,595 (2024 £56,366)

11 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

FUN 4 KIDZ

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

12
Tangible fixed assets
Fixtures and
fittings
Computers
£
£
Cost
At 1 April 2024
7,166
32,684
Additions
-
1,440
At 31 March 2025
7,166
34,124
Depreciation and impairment
At 1 April 2024
7,165
32,683
Depreciation charged in the year
-
360
At 31 March 2025
7,165
33,043
Carrying amount
At 31 March 2025
1
1,081
At 31 March 2024
1
1
13
Debtors
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
14
Creditors: amounts falling due within one year
Notes
Deferred income
15
Trade creditors
Other creditors
Accruals
15
Deferred income
Other deferred income		 Motor
vehicles
£
30,811
-
30,811
30,810
-
30,810
1
1
2025
£
37,351
3,883
1,131
42,365
2025
£
12,095
35,224
2,202
20,512
70,033
2025
£
12,095		 Total
£
70,661
1,440
72,101
70,658
360
71,018
1,083
3
2024
£
23,702
-
3,120
26,822
2024
£
19,097
-
9,691
3,900
32,688
2024
£
19,097

FUN 4 KIDZ

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

15
Deferred income
Deferred income is included in the financial statements as follows:
Deferred income is included within:
Current liabilities
Movements in the year:
Deferred income at 1 April 2024
Released from previous periods
Resources deferred in the year
Deferred income at 31 March 2025
16
Retirement benefit schemes
Defined contribution schemes
Charge to profit or loss in respect of defined contribution schemes		 (Continued)
2025
2024
£
£
12,095
19,097
19,097
16,229
(19,097)
(16,229)
12,095
19,097
12,095
19,097
2025
2024
£
£
10,065
10,592

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

17 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 April Incoming Resources At 31 March
2024 resources expended 2025
£ £ £ £
Sefton MBC L30 Centre - 7,000 (7,000) -
National Lottery Community Fund - 54,160 (54,160) -
L30's Millions - 36,407 (36,407) -
Sefton MBC Holiday Activity Fund - 7,463 (7,463) -
Sefton Warm Spaces 3,623 7,600 (11,223) -
Cadent Gas Centres for Warmth 1,702 53,904 (28,144) 27,462
Asda Foundation - 1,000 (1,000) -
Sefton MBC Marketing Fund - 1,590 (1,590) -
Sefton@Work - 6,138 (6,138) -
Sefton Wraparound Care - 91,889 (50,689) 41,200
Living Well Sefton Partnership Grant - 2,500 (2,500) -
Sefton Easter Eggs - 250 (250) -
5,325 269,901 (206,564) 68,662

FUN 4 KIDZ

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

17 Restricted funds (Continued)
Previous year: At 1 April Incoming Resources At 31 March
2023 resources expended 2024
£ £ £ £
Sefton MBC L30 Centre - 7,000 (7,000) -
National Lottery Community fund - 62,709 (62,709) -
L30 Millions Emergency Fund - 29,410 (29,410) -
L30 Millions Community Researchers 1,450 - (1,450) -
Sefton MBC Holiday Activity Fund - 24,560 (24,560) -
Sefton Warm Spaces - 18,695 (15,072) 3,623
Cadent Gas Centres for Warmth - 47,381 (45,679) 1,702
Asda Cost of Living Grant - 1,200 (1,200) -
Sefton CVS - 2,000 (2,000) -
1,450 192,955 (189,080) 5,325

18 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 April Incoming Resources Transfers At 31 March
2024 resources expended 2025
£ £ £ £ £
Cessation contingemcy 76,142 - - 7,581 83,723
L 30 Centre maintenance 30,000 - - - 30,000
General funds 359,404 918,572 (856,913) (7,581) 413,482
465,546 918,572 (856,913) - 527,205
Previous year: At 1 April Incoming Resources Transfers At 31 March
2023 resources expended 2024
£ £ £ £ £
Cessation contingency 82,317 - - (6,175) 76,142
L30 Centre maintenance 30,000 - - - 30,000
General funds 276,727 802,618 (726,116) 6,175 359,404
389,044 802,618 (726,116) - 465,546

FUN 4 KIDZ

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

19 Analysis of net assets between funds

Unrestricted
Restricted
funds
funds
2025
2025
£
£
At 31 March 2025:
Tangible assets
1,083
-
Current assets/(liabilities)
526,122
68,662
527,205
68,662
Unrestricted
Restricted
funds
funds
2024
2024
£
£
At 31 March 2024:
Tangible assets
3
-
Current assets/(liabilities)
465,543
5,325
465,546
5,325		 Total
2025
£
1,083
594,784
595,867
Total
2024
£
3
470,868
470,871

20 Related party transactions

There were no disclosable related party transactions during the year (2024 - none).

21
Cash generated from operations
Surplus for the year
Adjustments for:
Investment income recognised in statement of financial activities
Depreciation and impairment of tangible fixed assets
Difference between pension charge and cash contributions
Movements in working capital:
(Increase) in debtors
Increase/(decrease) in creditors
(Decrease)/increase in deferred income
Cash generated from operations		 2025
£
124,996
(7,809)
360
-
(15,543)
44,347
(7,002)
139,349		 2024
£
80,377
(5,954)
-
16,000
(13,167)
(1,688)
2,868
78,436

22 Analysis of changes in net funds

The charity had no material debt during the year.