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← Storybook Dads

2025-12-31-accounts

Charity number: 1101208

STORYBOOK DADS

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

STORYBOOK DADS

CONTENTS

Page
Reference and administrative details of the Charity, its Trustees and advisers 1
Trustees' report 2 - 4
Trustees' responsibilities statement 5
Independent examiner's report 6 - 7
Statement of financial activities 8
Balance sheet 9 - 10
Notes to the financial statements 11 - 29

STORYBOOK DADS

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2025

Trustees A Hearl, Chair
H Frank
T Bailey (resigned 13 March 2025)
K Martin
J Butler (appointed 15 February 2024)
D Watkins (appointed 9 July 2025)
Charity registered
number
1101208
Principal office
18 Belle Vue Road
Saltash
Cornwall
PL12 6ES
Senior Management
Team
S Berry, Chief Executive
K Wroath, Deputy Chief Executive
T Berry, Finance Manager
Independent Examiner
Griffin
Chartered Accountants
Courtenay House
Pynes Hill
Exeter
EX2 5AZ

Page 1

STORYBOOK DADS

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2025

The Trustees present their annual report together with the financial statements of the Charity for the year 1 January 2025 to 31 December 2025.

Objectives and activities

a. Policies and objectives

The objectives of the charity are to improve education, wellbeing and family ties for prisoners and their children through the provision the opportunities for prisoners to record bedtime stories and other gifts for their children.

The Trustees are satisfied that the charity’s objects meet the public benefit purpose of education. The Trustees confirm that they have taken into account the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities.

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.

Achievements and performance

a. Review of activities

The number of prisons taking part increased from 102, in 2024, to 108.

The charity produced 3,768 CD/DVDs and 1,697 other projects including challenge charts, height charts, photo frames, Swaps packs, and Christmas baubles and cards. This gives a total of 5,465 gifts (2024: 4,747)

Although the overall number of gifts increased, the number of stories produced was slightly less than 2024. This is partly due to the closure of HMP Dartmoor, the charity’s former HQ, meaning the staff were unable to do any recordings there. The significant increase in other gifts compared to 2024 was mostly due to our new Me and You chart, which proved to be very popular.

2025 was the first year that the headquarters and editing suite ran from an office in the community instead of in a prison. The dedicated staff adjusted very well to the new environment. The staff continued to record stories and run projects (in person) at another local prison, HMP Channings Wood. The staff continued to send project resources to, and run the editing service for, over 100 other prisons.

The charity employed a former prisoner, Neil who used to work for Storybook Dads as an editor when he was in HMP Dartmoor. He proved to be such an asset, that he was taken on as part-time employee in April 2025. He works in the community-based office, alongside the rest of the team.

Storybook Dads App

We have now successfully completed the Data Protection Impact Assessment and Assurance (DPIA) process with the Ministry of Justice (MOJ). The MOJ are satisfied with how we process, access and store prisoners’ data (online and in the office) and, are happy for us to launch our new digital web-app for families to receive their stories digitally.

To fulfil the DPIA we have had to ensure that all our computers are compliant and cyber secure. This includes how they are accessed, regular maintenance/updates as well as the annual Cyber Essentials Certification and Assurance with the MOJ.

Page 2

STORYBOOK DADS

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

Achievements and performance (continued)

Funding

£18,144 was received from public donations. We also received grants totalling £187,810 and £92,869 in donations from other trusts, major donors and corporate donors. Along with prison subscription fees of £26,672 we have sufficient funding for most of 2026.

Financial review

a. Going concern

The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern. Storybook Dads has never received a significant part of its income from public donations. We have commenced fundraising for 2027 and beyond.

Our bank balance at 31 December 2025 was £252,933 Our free reserves at 31 December 2025 was £375,107 (in line with reserve policy) Expected income for 2026, not accounting for fundraising, £130,250 Expenditure forecast 2026 £288,159

b. Reserves policy

The trustees aim to maintain free reserves at a level which equates to approximately 6 months of unrestricted expenditure. At 31 December 2025 the charity had free reserves of £375,107 which is over a year's worth of running costs; £120,000 of this is designated for project development in 2027. Our running costs will increase in 2026, so we will endeavour to achieve the recommended reserves level in 2026. Excess reserves will be invested in line with the Trustees Report.

c. Financial review

The Charity achieved a net surplus for the year ended 31 December 2025 of £77,736 (2024: deficit of £19,533).

The balance held on unrestricted funds at 31 December 2025 was £381,188 (2024: £280,048).

The balance held in restricted funds at the year-end was £20,556 (2024: £43,960).

Page 3

STORYBOOK DADS

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

Structure, governance and management

a. Constitution

Storybook Dads is a registered charity, number 1101208. The charity’s governing instrument is its Constitution adopted on 26 August 1993, as amended on 4 November 2003, 26 August 2008, 19 January 2009, 18 July 2012 and 19 December 2025.

b. Methods of appointment or election of Trustees

The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Constitution.

Approved by order of the members of the board of Trustees on 15/4/2026

and signed on their behalf by:

A Hearl Trustee

Page 4

STORYBOOK DADS

STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2025

The Trustees 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).

The law applicable to charities in England & Wales 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 its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and 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 Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Constitution. 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.

Approved by order of the members of the board of Trustees on _______15/4/2026 and signed on its behalf by:

A Hearl Trustee

Page 5

STORYBOOK DADS

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2025

Independent examiner's report to the Trustees of Storybook Dads ('the Charity')

I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2025.

Responsibilities and basis of report

As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.

Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with 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) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

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 Charity as required by section 130 of the 2011 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

Page 6

STORYBOOK DADS

INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2025

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.

Signed: Dated: 21/4/26 Laura Waycott FCA

Griffin Courtenay House Pynes Hill Exeter EX2 5AZ

Page 7

STORYBOOK DADS

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2025

Note
Income from:
Donations and legacies
4
Charitable activities
5
Investments
6
Total income
Expenditure on:
Raising funds
7
Charitable activities
8
Total expenditure
Net (expenditure)/income before net
gains on investments
Net gains on investments
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward		 Restricted
funds
2025
£
50,566
10,000
-
60,566
-
83,970
83,970
(23,404)
-
(23,404)
43,960
(23,404)
20,556		 Unrestricted
funds
2025
£
64,864
204,482
9,902
279,248
13,463
164,645
178,108
101,140
-
101,140
280,048
101,140
381,188		 Total
funds
2025
£
115,430
214,482
9,902
339,814
13,463
248,615
262,078
77,736
-
77,736
324,008
77,736
401,744		 Total
funds
2024
£
59,979
161,757
1,700
223,436
5,583
237,386
242,969
(19,533)
199
(19,334)
343,342
(19,334)
324,008

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

The notes on pages 11 to 29 form part of these financial statements.

Page 8

STORYBOOK DADS

BALANCE SHEET AS AT 31 DECEMBER 2025

Note
Fixed assets
Intangible assets
12
Tangible assets
13
Investments
14
Current assets
Debtors
15
Cash at bank and in hand
Current liabilities
Creditors: amounts falling due within one
year
16
Net current assets
Total assets less current liabilities
Net assets
Total net assets
Charity funds
Restricted funds:
Restricted funds
17
Total restricted funds
17
Unrestricted funds
Designated funds
17
General funds
17
Total unrestricted funds
17
Total funds		 35,502
252,933
288,435
(12,540)
20,556
120,000
261,188		 2025
£
19,768
6,081
100,000
125,849
275,895
401,744
401,744
401,744
20,556
381,188
401,744		 6,749
155,291
162,040
(11,184)
43,960
145,000
135,048		 2024
£
29,651
3,500
140,001
173,152
150,856
324,008
324,008
324,008
43,960
280,048
324,008

Page 9

STORYBOOK DADS

BALANCE SHEET (CONTINUED) AS AT 31 DECEMBER 2025

The financial statements were approved and authorised for issue by the Trustees on _______ ay na #1 15/4/2026 and signed on their behalf by:

A Hearl Trustee

The notes on pages 11 to 29 form part of these financial statements.

Page 10

STORYBOOK DADS

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

1. General information

Storybook Dads is an unincorporated charity registered in England and Wales, registration number 1101208. The registered office is 18 Belle Vue Road, Saltash, Cornwall, PL12 6ES.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Storybook Dads meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

2.3 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Page 11

STORYBOOK DADS

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

2. Accounting policies (continued)

2.4 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 allocated on the portion of the asset’s use.

Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities, events and non-charitable trading.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

2.5 Intangible assets and amortisation

Intangible assets costing £100 or more are capitalised and recognised when future economic benefits are probable, and the cost or value of the asset can be measured reliably.

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Amortisation is provided on intangible assets at rates calculated to write off the cost of each asset on a straight-line basis over its expected useful life.

Amortisation is provided on the following basis:

Computer software - 20 % straight line

2.6 Tangible fixed assets and depreciation

Tangible fixed assets costing £100 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment - 25% straight line Computer equipment - 25% straight line

Page 12

STORYBOOK DADS

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

2. Accounting policies (continued)

2.7 Investments

Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance Sheet date, unless the value cannot be measured reliably in which case it is measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Gains/(Losses) on investments’ in the Statement of Financial Activities.

2.8 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.9 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.10 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

2.11 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.12 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Company to the fund in respect of the year.

Page 13

STORYBOOK DADS

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

2. Accounting policies (continued)

2.13 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

3. Critical accounting estimates and areas of judgment

Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Critical accounting estimates and assumptions:

There are no critical accounting estimates or assumptions.

Page 14

STORYBOOK DADS

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

4. Income from donations and legacies

Donations from individuals
Donations from community groups
Gift aid reclaimed
Donations from individuals
Donations from community groups
Gift aid reclaimed		 Restricted
funds
2025
Unrestricted
funds
2025
£
£
50,566
52,649
-
7,798
-
4,417
50,566
64,864
Unrestricted
funds
2024
£
44,153
12,892
2,934
59,979		 Total
funds
2025
£
103,215
7,798
4,417
115,430
Total
funds
2024
£
44,153
12,892
2,934
59,979

5. Income from charitable activities

Grants
Subscription fees
Other sales		 Restricted
funds
2025
Unrestricted
funds
2025
£
£
10,000
177,810
-
26,672
-
-
10,000
204,482		 Total
funds
2025
£
187,810
26,672
-
214,482

Page 15

STORYBOOK DADS

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

5. Income from charitable activities (continued)

Grants
Subscription fees
Other sales		 Restricted
funds
2024
£
52,449
-
-
52,449		 Unrestricted
funds
2024
£
83,000
26,307
1
109,308		 Total
funds
2024
£
135,449
26,307
1
161,757

6. Investment income

Unrestricted
funds
2025
£
Interest income
9,902
Unrestricted
funds
2024
£
Interest income
1,700		 Total
funds
2025
£
9,902
Total
funds
2024
£
1,700

Page 16

STORYBOOK DADS

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

7. Expenditure on raising funds

Fundraising trading expenses

Unrestricted
funds
2025
£
Fundraising expenses
809
Marketing and promotion costs
323
Fundraising staff costs
12,331
13,463
Unrestricted
funds
2024
£
Fundraising expenses
618
Marketing and promotion costs
245
Fundraising staff costs
4,720
5,583		 Total
funds
2025
£
809
323
12,331
13,463
Total
funds
2024
£
618
245
4,720
5,583

Page 17

STORYBOOK DADS

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

8. Analysis of expenditure by activities

Storybook production
Storybook production
Analysis of direct costs
Staff costs
Depreciation
Project delivery
Staff costs
Depreciation
Project delivery		 Activities
undertaken
directly
2025
£
229,085
Activities
undertaken
directly
2024
£
222,713		 Support
costs
2025
£
19,530
Support
costs
2024
£
14,673
2025
£
171,867
12,030
45,188
229,085
2024
£
176,158
12,220
34,335
222,713		 Total
funds
2025
£
248,615
Total
funds
2024
£
237,386
Total
funds
2025
£
171,867
12,030
45,188
229,085
Total
funds
2024
£
176,158
12,220
34,335
222,713

Page 18

STORYBOOK DADS

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

8. Analysis of expenditure by activities (continued)

Analysis of support costs

Accountancy & bookkeeping
Bank charges
Payroll expenses
Insurance
Travel
Telephone and internet
Membership & subscriptions
Office expenses
Governance costs		 2025
£
695
113
661
960
885
672
695
12,449
2,400
19,530		 Total
funds
2025
£
695
113
661
960
885
672
695
12,449
2,400
19,530

Page 19

STORYBOOK DADS

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

8. Analysis of expenditure by activities (continued)

Analysis of support costs (continued)

Accountancy & bookkeeping
Bank charges
Payroll expenses
Postage and delivery
Insurance
Travel
Telephone and internet
Membership & subscriptions
Office expenses
Governance costs		 2024
£
535
104
650
1,424
972
5,162
771
602
2,095
2,358
14,673		 Total
funds
2024
£
535
104
650
1,424
972
5,162
771
602
2,095
2,358
14,673

Page 20

STORYBOOK DADS

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

9. Independent examiner's remuneration

The independent examiner's remuneration amounts to an independent examiner fee of £2,400 ( 2024 - £2,287 ).

10. Staff costs

Wages and salaries
Social security costs
Contribution to defined contribution pension schemes		 2025
£
172,442
6,319
5,437
184,198		 2024
£
170,266
5,664
4,948
180,878

The average number of persons employed by the Charity during the year was as follows:

2025 2024
No. No.
Average number of employees 10 12

No employee received remuneration amounting to more than £60,000 in either year.

The total employee benefits, including employer's pension costs, of the key management personnel of the charity were £102,350 (2024: £94,629).

11. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2024 - £NIL) .

During the year ended 31 December 2025, expenses totalling £Nil were reimbursed or paid directly to no Trustees (2024 - £ 71 to one Trustee).

Page 21

STORYBOOK DADS

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

12.
Intangible assets
Cost
At 1 January 2025
At 31 December 2025
Amortisation
At 1 January 2025
Charge for the year
At 31 December 2025
Net book value
At 31 December 2025
At 31 December 2024		 Computer
software
£
49,417
49,417
19,766
9,883
29,649
19,768
29,651

Page 22

STORYBOOK DADS

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

13. Tangible fixed assets

Cost or valuation
At 1 January 2025
Additions
At 31 December 2025
Depreciation
At 1 January 2025
Charge for the year
At 31 December 2025
Net book value
At 31 December 2025
At 31 December 2024		 Office
equipment
£
9,130
1,139
10,269
7,555
911
8,466
1,803
1,575		 Computer
equipment
£
63,941
3,589
67,530
62,016
1,236
63,252
4,278
1,925		 Total
£
73,071
4,728
77,799
69,571
2,147
71,718
6,081
3,500

14. Fixed asset investments

Cost or valuation
At 1 January 2025
Additions
Disposals
At 31 December 2025
Net book value
At 31 December 2025
At 31 December 2024		 Listed
investments
£
140,001
100,000
(140,001)
100,000
100,000
140,001

Page 23

STORYBOOK DADS

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

15. Debtors

Due within one year
Trade debtors
Prepayments and accrued income		 2025
£
300
35,202
35,502		 2024
£
250
6,499
6,749

16. Creditors: Amounts falling due within one year

Other taxation and social security
Other creditors
Accruals and deferred income
Deferred income at 1 January 2025
Resources deferred during the year
Amounts released from previous periods		 2025
£
3,449
1,191
7,900
12,540
2025
£
5,000
5,500
(5,000)
5,500		 2024
£
2,687
1,210
7,287
11,184
2024
£
5,000
5,000
(5,000)
5,000

At the balance sheet date the Charity was holding funds received in advance of £5,500 from the Tuxien Foundation.

Page 24

STORYBOOK DADS

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

17. Statement of funds

Statement of funds - current year

Unrestricted funds
Designated funds
Project development
General funds
General funds
Total Unrestricted funds
Restricted funds
The Brothers Trust
Crucible Foundation
Donation for new software
Wates Family Enterprise
Trust
Total of funds		 Balance at 1
January
2025
£
145,000
135,048
280,048
-
-
31,511
12,449
43,960
324,008		 Income
£
-
279,248
279,248
10,000
50,566
-
-
60,566
339,814		 Expenditure
£
(85,000)
(93,108)
(178,108)
(10,000)
(50,566)
(10,955)
(12,449)
(83,970)
(262,078)		 Transfers
in/out
£
60,000
(60,000)
-
-
-
-
-
-
-		 Balance at
31
December
2025
£
120,000
261,188
381,188
-
-
20,556
-
20,556
401,744

Page 25

STORYBOOK DADS

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

17. Statement of funds (continued)

Designated Funds

Project development

Funds allocated for editing costs, including staff hours and the cost of the use of some staff hours to HMP Channings Wood which will also include costs for resources. £85,000 will be spent on staff costs in 2026.

Restricted Funds

The Brothers Trust

£10,000 was received in year and was all spent on home editor salaries and core funding.

Crucible Foundation

£50,566 was received in June 2025 to cover a shortfall in accounts and staff salaries for 2025. All funds were spent in year.

Donation for New Software

An indivdual donated £55,000 for developing new Web, IOS and Android based software in 2023. The balance at 31 December 2025 represents the NBV of the asset and £788 of unspent funding carried forward.

Wates Family Enterprise Trust

£12,449 was recevied in November 2024 to fund the costs of producing stories for prisoners and their families in 2025.

Page 26

STORYBOOK DADS

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

17. Statement of funds (continued)

Statement of funds - prior year

Unrestricted
funds
Designated
funds
Project
development
General funds
General funds
Total
Unrestricted
funds
Restricted
funds
The Brothers
Trust
Crucible
Foundation
Donation for new
software
The J J H
Rausing Trust
Wates Family
Enterprise
Trust
Total of funds		 Balance at
1 January
2024
£
85,000
172,620
257,620
-
43,845
41,877
-
-
85,722
343,342		 Income
£
-
170,987
170,987
10,000
-
-
30,000
12,449
52,449
223,436		 Expenditure
£
-
(148,758)
(148,758)
(10,000)
(43,845)
(10,366)
(30,000)
-
(94,211)
(242,969)		 Transfers
in/out
£
60,000
(60,000)
-
-
-
-
-
-
-
-		 Gains/
(Losses)
£
-
199
199
-
-
-
-
-
-
199		 Balance at
31
December
2024
£
145,000
135,048
280,048
-
-
31,511
-
12,449
43,960
324,008

Page 27

STORYBOOK DADS

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

18. Summary of funds

Summary of funds - current year

Designated funds
General funds
Restricted funds		 Designated funds
General funds
Restricted funds		 Balance at 1
January
2025
£
145,000
135,048
43,960
324,008
Income
£
-
170,987
52,449
223,436		 Income
£
-
279,248
60,566
339,814
Expenditure
£
-
(148,758)
(94,211)
(242,969)		 Expenditure
£
(85,000)
(93,108)
(83,970)
(262,078)
Transfers
in/out
£
60,000
(60,000)
-
-		 Transfers
in/out
£
60,000
(60,000)
-
-
Gains/
(Losses)
£
-
199
-
199		 Balance at
31
December
2025
£
120,000
261,188
20,556
401,744
Balance at
31
December
2024
£
145,000
135,048
43,960
Summary of funds - prior year
Designated
funds
General funds
Restricted funds		 Balance at
1 January
2024
£
85,000
172,620
85,722
343,342
324,008

19. Analysis of net assets between funds

Analysis of net assets between funds - current year

Tangible fixed assets
Intangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
Total		 Restricted
funds
2025
Unrestricted
funds
2025
£
£
-
6,081
19,768
-
-
100,000
788
287,647
-
(12,540)
20,556
381,188		 Total
funds
2025
£
6,081
19,768
100,000
288,435
(12,540)
401,744

Page 28

STORYBOOK DADS

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

19. Analysis of net assets between funds (continued)

Analysis of net assets between funds - prior year

Tangible fixed assets
Intangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
Total		 Restricted
funds
2024
£
-
29,651
-
14,309
-
43,960		 Unrestricted
funds
2024
£
3,500
-
140,001
147,731
(11,184)
280,048		 Total
funds
2024
£
3,500
29,651
140,001
162,040
(11,184)
324,008

20. Pension commitments

The Charity operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Charity in an independent administered fund. The pension cost charge represents contributions payable by the Charity to the fund and mounted to £5,437 (2024: £4,948). Contributions totalling £1,191 (2024: £1,210) were payable to the fund at the balance sheet date and are included in creditors.

21. Related party transactions

The Charity has not entered into any related party transaction during the year, nor are there any outstanding balances owing between related parties and the Charity at 31 December 2025.

Page 29