Company Number: 04768755
Registered Charity Number: 1102607
ort of Trustees and
Unaudited Financial Statements
For the Year Ended 31 March 2025
for
The Lauries Limited

The Lauries Limited
Contents of the Financial Statements
Year ended 31 March 2025
Page No:
Report of the Tn)stees
Independent Examiner's Report
Ststement of Financial Activities
Balance Sheet
10-17
Notes to the Financial Statements

The Lauries Limited
ort of the Trustees
Year ended 31 March 2025
l. Referenee and administration delai
Chari
Number:
1102607
Com
NumbeT.'
04768755
Princi
al office.,
142 Claughton Road, Birkcnhead. Merseyside, CH416EY
Re
istered office:
6 Abbots Quay, Monks Ferry, Birkenhead, Merseyside, CH415LH
Ind
endent Examiner:
McEwan Wallace Chartered Accountants, 6 Abbots Quay, Monks Ferry,
Birkenhead, Merseyside, CH4 E 5LH
Bankers:
Nationa] Westminster Bank. 2-8. Church Street, Liverpool, Merseyside Ll 3BG
Trustees:
Trustees who served during the year were:
P Crocker
K Eugeni
M Quayle
E Wilkes
S McHardy
Appointed l December 2024
Resigned 30 November 2024
Appointed l December 2024
Resigned I l April 2025
Resi￿]ed 30 November 2024
Trustees appointed after the year end were:
K Beaumont - Jones
J Hayes
Appointed 15 September 2025
Appointed 23 October 2025
Page I

The Lauries Limited
ort of the Trnstees
Year ended 31 March 2025
2. Structure, Governance andmanagement
The Charity is a company limited by guardlltee with no issued slwe capital. Liability is limited to £1 per
member. Governance continues under the Memorandum & Articles dated 6 May 2003, although
modernisation and replacement of these d0Cun￿nts Ilas been agreed in principle by the Board, datcd 15
January 2025.
Governance Changes & Board Development
In November 2024 the Board received a Governance Review from Wirral Chamber and external
advisors, which confirmed that The Lauries w&8 financially and operationally stable enough to return to
full independence. The Board agreed several governance actions including updates to the Articles and
changes to board composition.
Following this review:
John Hayes was fonnally appointed Managing Director after Board approval and legal
compliance checks.
Two Board mernbers (K. Eugeni and S. McHardy) stspped dowry] as part of planned
succession.
E. Wilkes subsequently resigned in April 2025 due to time commitments.
The Board has agreed to meet tivice annually, with quarterly Chair-MD oversight meetings.
ManAgement and Operatfional Oversight
Regular management reports are provided to the Trustees. Are&s covered include operations, finance,
staffing, tenants, marketing and community engagement. The MD is supported by administrative and
facilities staff.
A NEST pension scheme was established for all staff during the year.
Bookkeeping has migrated from Sage to QuickBooks, with consultant bookkeeping support in place.
3. Objectives and Aclivities
The Charity's objectives remain to promote charitable purposes for the benefit of communities in
Birkenhead, Tranmere and surrounding areas-especially in the advancement of education, health,
community regeneration and accessible comrnunity space.
Core Activities
Activities during the yeaT included:
Provision of affordable office and tenancy space for local charities, SMES, and community
OTganisations.
Delivery of room hire and fimction space for community and business use.
Hosting Adult Learning courses.
Supporting community events and ckwitable initiatives.
Page 2

The Lauries Limited
ort of the Trustees
Year ended 31 March 2025
Tenants
The Centre continues to house a diverse tenant base including Crystal Cares, Wirral Supported Lodgings,
174 Family Law, Whitechapel, VIGO rr Solutions, CapNet, Measured Marketing and Security Express.
Key highlights..
. Involve Northwest vacated Unit 2 in March 2025, creating a desirable vacancy. Which is
currently being assessed by a charity foT veterans.
Developing Spaces
The Exmouth Suite remains a core growtb area and marketing work began in early 2025 to reposition it as
a conference and function space, with a full promotional plan being developed.
Hot-desk facilities were also introduced, fornjing part of the venue hire income strategy.
4. Achievements and Performance
Strengthening Financial and Operational Performance
Management accounts presented in November 2025 confinned:
A healthy operating surplus and EB￿DA position.
Strong two-year outlook based on incremental rental increases.
Capacity for future investment into building improvements.
Service Enhancements & Building Improvements
Refurbishment of all office space continued.
A large second-floor office was successfully converted into three glass-fronted offices.
Plans were initiated for future facility upgrades, including energy-efficient improV￿￿entS
and a long-terni boiler replacement.
Community Engagement
The Lauries strengthened its role as a community hub through several initiatives:
Easter Egg Appeal (2025): Over 800 eggs donated initially, later exceeding 1,000, with
support from local businesses, Wirral Chamber and Asda. Distributed via The Hive for
senior and youth events.
OAP Tuesday Socials: Weekly free OAP bingo sessions continue to support local older
residents.
VE Day Event: Scheduled for 6 May 2025 with community support for catering.
Future Community Event Planning: Exploration of a "Wirral Community Get-Together"
for older people.
Marketing & Engagement
Work is underway to improve digital presence, including weekly updates, community
stories, tenant news, and promotional content.
Meeting room hire was discounted during April to boost venue usage.
Page 3

The Lauries Limited
ort of the Trustees
Year ended 31 March 2025
S. Financial Review
It is the aim of the charity to maintain unrestricted funds, which are free reserves of the charity, at a level
whicb equates to at least three months, unrestricted expenditure. This provides sufficient funds to cover
management, administration and support costs. During the year a deficit of £2,138 was generated (2024:
£282 surplus) which created net ￿setS of £303 (2024: £2,441) The trustees note that although the
company has returned to a modest level of net assets, the net current assets are £7,525 (2024: £192) and
are planning to increase the level of funds beld in reserve in the coming year.
Additional Financial Context (from Board Discussions & Management Reports)
Management accounts indicate the organisation is returning to sustainable operating levels,
with positive projections for 2026-27.
Business rales may become payable from April 2026. this will forn] part of future budgeting.
Trustees discussed Pursuing small grants and local sponsorship opportunities to support
community initiatives
Page 4

The Lauries Limited
R¢
ort of the Trustees
ye￿ ended 31 March 2025
Statement of Trustees, Respousibi]ities
The trustees are responsible for preparing tbe fll]ancial statements in accordance with applicable law and
United Kingdom Generally Acccpted Ac<x)unting PraGtice.
Company law Iequires the trustees to prepare financial statements for each f￿anCIal year. Under that law
the trustees have elected to prepare the financial statements in accordance with the United Kingdom
Generally Accepted Accounting Practice (United Kingdom AccouDting StsndaTds and applicable law).
The financial statements are required by law to give a true and fair view of the state of affairs of the
charitable company and of the suolus or deficit of the charitable company for that perioL In prep&Ting
those fillanci￿ statements, the trustees are required to:
seleGt suitable accounting policies and then apply them coDsiskntly;
observe the methods and principles in the Cbarities SORP.
make judgements and estiiDates that are reasonable and prudent. and
prepare the financial statements on the going conGern basis unless it is inappropriate to presume
that the charitable company WAII Continue in operntion.
The trustees arc respi)nsible for keeping adequate accounting records which disclose vrith reasonable
accuracy at any time the financial position of the Cbaritsble conipany and to enable them to ensure that the
financial stPAtements comply with the Companies Act 2006. They are also responsible for safeguaTdiDS the
assets of the tharitable company and hence for talang reasonable steps for the pTeveDtion and detection of
fraud and other irregularities.
On behalf of the b0￿d.
J Haycs - Tn￿tee
Date: 27 January 2026
Page 5

The Lauries Limited
endent Examiner's Re
Year End 3 1 March 2025
I report to the trustees on my examin￿0￿ of the fmancial staten]ellts of The Lauries Lin)ited (tbe charity)
for the year ended 3 1 Marcb 2025.
ort
ort
onsibilxties and basis of r
As the trustees of the CTr￿1ty (and a]so its directors for the pu￿OseS of company law) you are responsible
for the preparation of the fllwLcial statements in accordance viith the requirements of the Companies Act
2006 (the 2006 AGt).
Having satisfied myself that the financial sLqtements of the cbarity are not TequiIed to be audited under Part
16 of th¢ 2006 Act and are eligiblc for independent examinatio￿ I report in respect of my examination of
the cknity's ffftancl￿ statements carried out under section 145 of the Charities Act 2011 (the 201 l Act). Tn
caTryitig out my examination I have followed all the applicable Directions gEven by the Cbarity Commission
under section 145(5)(b) of tELe 2011 Act.
n￿.5 r
endent ex
I have completed my exaMi￿tio1L I confllm that no matters bave come to my attention in connection with
th¢ examination giving me cause to be]ieve that irA any material respecL
(l) accounting records were not kept in respect of the ¢]wity as Trquiredby section 386 of the 2006 Act;
or
(2) the financial statements do not accord with tbose records. or
(3) the financia] statements do not comply with the accounting requiremcnts 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 a5 part of an independent examinatioll" or
(4) the fmancia] statements have not been prepared in accordance with the methods and principles of the
ststement of Reconmiended Practice for accounting and Teporting by charities applicable to charities
preparing their accounts in aG¢ordan¢e with the Finaucial Reporting Standard app￿Cable ill the UK
aud Republic of Itelaad (ERS 102).
I have no concerns and have come across no other matters in connection with the examination to w￿ch
attention should be drawn in this report in order to cnable aproper undetst&nding of the financial statements
to be reached.
Matthew Ryan ACA
McEwan Wallace chart￿ AccountÈnts
6 Abbots Quay
Monks F¢
Birkenbead
CH415LH
Date." 27 January 2026
Page 6

The Laurics Limited
Statement of Financial Activities
And Ex
enditure Account
Year ended 31 March 2025
tncludin
Income
Notes Restricted
restricted
2025
Total
2024
Total
INCOMING &
EXPENDITURE
Incoming resources from
charitable activities:
Rental income
293,731
293,731
292,722
Other incoming resources:
Sundry
Grants
29,507
29,507
45,980
Total Incoming Resources
323,238
323,238
338,702
CHARITABLE
EXPENDITURE
Charitable activities
325,376
325,376
338,420
Total Resources Expended
325,376
325.376
338,420
NET INCOMING
RESOURCES FOR THE
YEAR
(2,138)
(2,138)
282
Balances brought forward &s at
01.04
2,441
2,441
2,159
Balance carried forward as at
31.03
303
303
2,441
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure
account under the Companies Act 2006.
Page 7

The Lauries Limited
Balance sheet
As at 31 March 2025
Notes
2025
2024
FIXED ASSETS
Tangible assets
17,883
32,771
17,883
32,771
CURRENT ASSETS
Debtors
Cash at bank in hand
49.185
19.123
44.372
22.148
TOTAL CURRENT ASSETS
68.308
66,520
CREDITORS: Amounts falllng
due within one year
(60,783)
(66,328)
NET CURRENT ASSETS I
(LIABILITIES)
7,525
192
TOTAL ASSETS LESS
CURRENT LIABILITJES
25.408
32.963
CREDITORS: Amounts falling
due within one year
(25.105)
(30,522)
NET ASSETS
303
2,441
FUNDS
Restricted funds
Unrestricted funds
io
303
2.441
303
2.441
Page 8

The Lauries Limited
Balance sheet
contijiued
As at 31 March 2025
In approving these financial statements as tntstees of the company we confirni:
For the period ended 31 March 2025 the company was entitled to exemption from audit under Section
477 of the Companies Act 2006 relatAng to small companics.
The rnembers have not reqtJired the compaTLy to obtain an audit of its financial statements for the period
ended 31 March 2025 in a¢cordance with Section 476 of tbe Companies Act 2006.
The diTectors acknowledge their responsibility for complying with the requirements of tbe Act with
Tcspect to accounting records and for the preparation of accounts.
These financial statements have been PTepared in accordaDce with the provisions applicable to companies
subject to the srnall companies, regime.
The financial statements were approved by the Board of Trustees on 27 January 2026 and signed on its
behalf by:
J Hayes - Trustee
Pagc 9

The Lauries Limited
Notes to the Financial Statements
Year ended 31 March 2025
ACCOUNTING POLICIES
(a)
Basis of Accountin
The fu￿1claI statements have been prepared in accordance with the charity's governing
document, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of
Recommended Practice applicable to cbatities 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 con]mencing from l January 2019). The charity is a Public
Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102
Update Bulletin I not to prepare a Statement of C&sh Flows.
The charity is exempt from the requirement to prepare group accounts by virtue of section 398 of
the Companies Act 2006. These financial statements, therefore. present inforniation about the
company as an individual undertaking and not about its group.
The financial statements have been prepared under the historical cost convention. The principal
accounting policies adopted are set out below.
(b)
Crltical accountin
estimates and areas of ud
ement
Estimates and judgements 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. The company makes estimates and assumptions concerning the future.
The resulting accounting estirnates and assumptions will, by definition, seldom equal the related
actual results. The estimates and assumptions that have a significant risk of causing a material
adjustment to the cwing amounts of assets and liabilities within the next financial year are
discussed below.
When an asset is purchased it is categorised into an asset class, the depreciation policy of each
class estimates the economic life of all assets within the class.
The depreciation policy of each asset class is determined by management and reviewed regularly
foi appropriateness. The depreciation policy adopted is b&8ed on historical experience as well as
considering the future events which may impact the useful economic life of all assets within each
class, such as changes in market demands.
In addition FRS 102 requires an entity to assess at each reporting date whether there is any
indication that assets within a class may be impaired i.e. the recoverable amount of the asset is
less than the carrying amount. If any such indication exists. management aTe required to estiinate
the recoverable amount of the individual assets concerned.
Management judgement is applied to deterniine if revenue and costs should be recognised in the
current period.
Page 10

The Lauries Limited
Notes to the Financial Statements
Year ended 31 March 2025
AccouNfING POLICIES- cont
(c)
Goin
concern
The trustees are satisfied that the charity has sufficient resources to meet its liabilities as they fall
due for a period of at least twelve months from the date of approval of the fmancial statements.
Accordingly, the financial statements have been prepared on a going concern basis.
(d)
Income and Ex
enditure
All income and expenditure is accounted for on the accruals basis.
(e)
reciation
Depreciation is calculated to write off the cost or valuation, less estimated residual values, of
tangible fixed assets over their estimated useful lives to the charity. The annual depreciation rate
and methods are as follows:
Fixtures and fittings
- 25 /0 on cost
Assets are not capitalised if the value is less than £1 00.
Impairn]ent reviews are Ca￿led out on an annual basi5.
(fj
Resources ex
ended
The cost headings comprise expenditure, including staff costs, directly attributsble to the
organisation's activity. Where cost cannot be directly attributed they have been allocated to
activities on a basis consistent with the use of the resources.
(g)
Grants Receivable
These are accounted for when receivable and are classed as unrestricted income unless the donor
imposes restrictions for their use.
(h)
Incomin
Resources
No incoming resources are shown in the Statement of Financial Activities net of expenditure,
(i)
Financial instruments
The following assets and liabilities are classified as financial instruments
prepayments, accrued income, trade creditors, accruals and deferred income.
trade debtors,
All financial instruments are measured at the undiscounted amount of the cash or other
consideration expected to be paid or Teceived.
Financial assets that are measured at amortised cost are &ssessed at the end of each reporting
period for objective evidence of impairnient. If objective evidence of impainnent is found, an
impainnent loss is recognised in the Statement of Financial Activities.
Pagell

The Laurie5 Limited
Notes to the Financial Statements
Year ended 31 March 2025
2. CHARJTABLE ACTtvrriES
Total
2025
Total
2024
Restricted
Unrestricted
Running costs
Interest payable
324,584
792
324,584
792
337,451
969
3. OPERATING SURPLUS
2025
2024
Operating surplus is stated after charging:
Depreciation
Accountants, remunerdtion (including expenses)
18,736
1,366
21,092
238
4. STAFF COSTS
2025
2024
The cost of employing staff was:
Wages and salaries (inc social security)
123,110
76,507
During the year no employee earned over £60,000.
The average number of staff ernployed by the charity during the year was as follows:
2025
2024
Managernent
Page 12

The Lauries Limited
Notes to the Financial Statements
Year ended 31 March 2025
5. TANGIBLE FIXED ASSETS
Fixknres and
rittings
Total
COST
At 1st April 2024
Additions
Disposals
98,645
3,848
98,645
3,848
As at 31" March 2025
102,493
102,493
DEPRECJATION
At I" April 2024
Charge for the period
Disposals
65,874
18,736
65,874
18,736
As at 31" March 2025
84,610
84,610
NET BOOK VALUE
At 315t March 2025
17,883
17,883
At 31$¢ March 2024
32,771
32,771
Page 13

The Lauries Limited
Notes to the Financial Statements
Year ended 31 March 2025
DEBTORS: AMouKfs FALLING DUE WITHIN ONE YEAR
2025
2024
Trade debtors
Other debtors
Prepa￿}entS
17,292
30,500
1,393
32,226
10,000
2,146
49,185
44,372
7. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Trade creditor5
Other creditors
Bank Loans
Social security
Accruals
Deferred income
2,525
9,611
5,374
3,684
6,589
33,000
9,912
10,429
5,374
1,103
10,510
29,000
60,783
66,328
8. CREDITORS. AMOUNTS FALLtNG DUE AFTER MORE THAN ONE YEAR
2025
2024
Bank loans and overdrafts
25,105
30,522
25,105
30,522
Page 14

The Lauries Limited
Notes to the Financial Statements
Year ended 31 March 2025
9. TOTAL RESOURCES EXPENDED
2025
2024
Charitable expenditure
325,376
338,420
325,376
338,420
10. UNRESTRICTED FUNDS
2025
2024
Balance of Reserves brought forward
Net unrestricted sutplus / (deficit) in the year
2,441
(2,138)
2,159
282
Balance of unrestricted reserves retained
303
2,441
Unrestricted funds are incoming resources receivable or generated for the objects of the charity without
further specified purpose and are available as general funds.
Page 15

The Lauries Limited
Notes to the Financial Statements
Year ended 31 March 2025
I I. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Tangible
Fixed
Assets
Net
Current
Assets
Intangible
Fixed Assets
2025
Total
Unrestrieted Funds
Restricted Fund5
17,883
(17,580)
303
17,883
(17,580)
303
Tanglble
Fixed
Assets
Net
Current
Assets
2024
Intangible
Flxed Assets
Total
Unrestrleted Fund5
Restrlcted Funds
32,771
(30,330)
2,441
32,771
(30.330)
2,441
12. RELATED PARTY DISCLOSURES
P Crocker is also a director of Age Concern wi￿al, M Quayle is also a director of HLP Legal Ltd and K
Beaumont-Jones is also a director of Involve Northwest and Vigo IT Solutions Limited.
At the year end, Wirral Chamber of Commerce and Industy owed The Lauries Limited owed £30,500
(2024: £10,000).
13. OTHER FtNANCIAL COMMITMENTS
The charity opeTates from The Lauries Centre. This is leased from Wi￿al Borough Council for a noininal
peppercorn rent.
Page 16

The Lauries Limited
Notes to the Financial Statements
Year ended 31 March 2025
14. COMPARATIVE OF THE SOFA
Notes
Restricted
restricted
2024
Total
INCOMING & EXPENDITURE
Rental income
Sundry income
Grants
292,722
45.980
292,722
45,980
Tolal Incoming Resow¢es
338,702
338,702
CHARITABLE EXPENDITURE
Charitable activities
Tnterest payable
337,451
969
337.451
969
Total Resources Expended
338,420
338,420
NET tNCOMtNG RESOURCES
FOR THE YEAR
282
282
15. STATUTORY INFORMATION
The Lauries Limited is a private company, lirnited by guarantee, re￿stered in England and Wales. The
company's registered nurnber and register olTice address can be found on the Reference and
administration details page.
The presentation currency of the financial statements is the Pound Sterling (£).
Page 17