## LAMESLEY CHILDCARE Charity number: 1122506 ## TRUSTEES ANNUAL REPORT 2025 Aims – to provide inclusive, quality, affordable childcare for families and children during school time to enable parents/carers to train, work, or access further education. Provide holiday care for families from Gateshead, North and South Tyneside. Create more jobs thus increase childcare places in all our provisions. Tender for new business and boost economic growth in our sector and community. The clubs – We operate five breakfast clubs, five out of school clubs and one holiday club across the area. Offering wraparound care within school is advantageous for children, parents, school, and ourselves, as we work collectively to give children the best start in life and skills to equip them on their voyage of growing up. We can offer up to 750 breakfast club places per week and 850 out of school places per week term time, thus provide parents with more childcare provider choice across the borough and 50 places per day at holiday club. Lamesley Childcare is committed to ensure that there are appropriately skilled and trained staff within all our provisions. This is to enable high quality and professional childcare delivery in a consistent and standardised way. We are committed to ensuring and improving quality through on-going training, mentoring and support for existing and new staff. We continue to review and restructure our staffing structure to enable all provisions to have the correct mix of highly skilled and trained staff. We are one of the few out of school providers who offer holiday care for working parents/carers in the borough, this much needed service ensures families can work 50 weeks of the year. We offer apprenticeships and traineeships to young people in the community. We encourage staff to enrol on further education courses to help them progress in the organisation. We have a board of Directors who are proactive in setting the direction of the charity and in developing our vision, as well as being committed to developing staff and projects, that raise the profile of the organisation. Finances – A high percentage of our current expenditure is on maintaining a supply of high-quality games and activities for children in all our settings, printing and IT, rent and utilities. Source of income/finance parents’ payments in the form of childcare fees are our main source of income. Marketing and selling childcare places help reduce the risk of any shortfall in funds and good housekeeping, with our accounts being audited annually by BK Plus Limited. Six weekly meetings were held by our Trustees to monitor and evaluate finances and to review the vision of Lamesley Childcare. Trustee signature: C Kennedy Trustee name: Christine Kennedy Date: 21.1.2026 Company regSslratlon number 06228438 (England and Walos) LAMESLEY CHILDCARE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 LAMESLEY CHILDCARE COMPANY INFORMATION Dlroctors Joan Alexanders Christine Kennedy S•crotary Mrs Joan Alexanders Company numbor R•gl81or•d offlco 06228438 St Andrews Church Hall Lamesley Crossroads Lamesley Galeshead Unitsd Kingdom NE11 OEU Accounlants 8K Plus Llmited 13 Wndsor Tèrraee J8smond Nèwcastle Upon Trne England NE2 4HE LAMESLEY CHILDCARE CONTENTS Page Directors, report Accountants, report Income and expendilure account Balance sheet Statement of changes In equity Notes to the financial statements LAMESLEY CHILDCARE DIRECTORS, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The director5 present Iheir annual report and financial stslements lor the year ended 31 March 2025 pnncipal athvity ol the company conbnued to be thal of childcare facilities. Olractorn The directors who held office during the year and up to th8 dale of 51gnature of the financial Statements were as lollows Joan Alexanders Tracy Dawson (Resigned 19 June 2024> Christine Kennedy Vanda Sergison (Appthnted 27 August 2024 and r&S￿ned 7 May 2025} Small companlu •x•mptlon This report has been prepared in accordance with the provisions applicable lo companies entitled to the small companies exemptson On behalf ol the board an Alexanders Ir?¢tor 4 November 2025 REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF LAMESLEY CHILDCARE In order lo a$slst you to fulfil your duties under the Companies Act 2006. we have prepared for your approval the finanaal statements of Lamesley ChildGare for the year ended 31 March 2025 which comprise the Income and LAMESLEY CHILDCARE oxpendlture accounl, the balance sheet. the statement ofchangès in equty arKI tho r8lated notss from the company's accounting records and from infomation and explanations you have given us. As a practlsirffJ member firm of the Association of Chartered Certified Accountants. WÈ are subj8ct to ils elhlcal and other prof8551onal quiremenls which are d8tail8d at htl)s accaglobal.comlgblenlmgmberlstandardslrulesand-standardslfulebook.hlml. This r8POrt Is made solely to the board of diréctors of Lamesley Childcar8, as a body. In accordance with the terms of our engagement letter dated 9 May 2024. Our work has been undertaken solely to prèpare lor your approval tho financial $tatÉmènts of Lamesley Childcar8 and slate those matters that we have agieed to slate to the board of directors of Lamesl8y Childcare, as a body, in th4s report in accordance with the requirements of the Association of Chartered Certsfied Accountants as deiai18d at https:IlwMv.8ccagkJbal.comlcontenVdamlACCA_GlobairrechnicaV fa¢Vtechnical-lactsheet-163.pdf To the fullest extent permitted by law, we do not aGGept or as¥ume ￿spOnSIbl1rtY to anyone other than Larnesley Childcafe and its board of dir8Ctors as a body for our work or for Ihis report It 18 your duty to ensure that La))esl8y Childcare has kept adequate acGounling records and lo p￿pare statutory financial statements that give a truè and fair view of th8 assèis, Iiabiliti8s. finanual position and surplus of Lame51ey Childcare. You consider that Lamesley Childcare is exempt from th8 Statutory audit requirement for th8 year. have not been Instructed to carry out an audit or a revi8w of the financiol slalements of Lamesley Childcare For this reason, we have not verified the accuracy or compleieness of thè aC￿￿ntrng rècords or infoThnation and explanations you have given to us and we do not, therefore, exprnss any opinion on the ststutory financial ststements. BK Plu8 Llmlted Chart8r8d c6thr￿d ACC￿JDtanlS 13 Wind8Of Terrac Jesmond NewKaslle Upon Tyne England NE2 4HE 4 NovembeT 2025 INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 LAMESLEY CHILDCARE 2025 2024 Incom• 577,622 563,590 AdmlnistratlV8 exp8ns8S Other operating Income 1557.503) 29.261 1553,808) 2,500 Oporatlng •urplus 49 380 12.282 Interest receivable and simllar inc￿ne Interest payable and simi18r expenses 1,760 1635) 1.615 {gJ81 Surplus b•for• taxallon $0,505 12.989 Tax on surplus Surplus ft>r the nnanclal year 50,505 12.989 The income and expenditure account has been prepared on Ihe basis that all operation$ aft continuing operations LAMESLEY CHILDCARE BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Noto9 Flxèd a#8•ts Tangible assèts 7,725 9.092 Current a880ts Debtors 5.201 7374 Cash at bank In hand 235.803 205.922 241.Ch)4 213.296 Cr•dltor8: amounts fallln9 du• vAthln one y•ar (42.1931 (56,357) Not current 098ets 198,811 156.939 Total a•sèt8 leg• current Ilablllllo• 206,536 166,031 Cr•dltor8: amounts falllng du• ift•r mor• than on• y•ar 10 000) 196,536 146,031 N•t ai8•ts Rmerv Income arKI exp8ndlture account 196,536 146,031 Tolal m•mb•r8' fund• 196.536 146.031 For the hnancial year ended 31 March 2025 the company was entiued to exempts'on Irom audit under section 477 of the Companigs Act 2006 rèlating to small companies. The memb8rs hav8 not required the company to obtain Jn audll of its financial ststsments for the year In questlon In accordancé with sectlon 476 The director8 a¢knwl8dge Iheir fesponsibilib'es for complyin9 wlth the requirements of the Cornpan18s Act 21Th with résp8Ct to accounting recoT(Is and the preparation of financial statements. These financial slalements have been prepared in accordance with the provisions applicab18 kn companies $ubJect to the small comparwes regirne. LAMESLEY CHILDCARE The are an ial statements were approved by the board of directors and authorised for issue on 4 November 2025 and its behalf by Alexanders tor Company regislrallon number C6228438 {England and Wales) STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 MARCH 2025 Income and èxp•ndltur Balanc• at 1 Aprll 2023 133,042 Yearended 31 Mafch 2024: Sutplus and toial comprehensive income 12,989 Balane• at 31 Mireh 2024 146.031 ye•rend￿ 31 Mar¢h 2025: Surplu5 and total comprehensive incomo 50,505 Balance at 31 March 2026 196,536 LAMESLEY CHILDCARE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Ac¢ountlng poll¢lo• Company Inlorniallon Lamesley Childcare is a private company limited by guarantee Inccryjrated in England and Wal88. The registered office is St Andrews Church Hall, Lamesley Crossroads, Lamesley, Gateshead. Unlted Kingdom. NE11 OEU. 1.1 Ba•1• of proparatlon These financial statements have been prepared In accordance with FRS 102 "The Finandal RgPQrtiNJ Standard applicable in thè UK and R8publlc of Ireland. ("FRS 102.1 and the requirements of the Companles Act 2006 as applicable to companies subject to the small CoMpan￿S regkne Th@ di$closur8 requlrements of sectson 1A of FRS 102 have been applled other than W￿re adthtional disclosurè is required to show a true and fair view. The financial staternents are prepared In 8terling. which lunthonal currency ol tho company Monetary amounts In these financial statements are rounded to Ihe nearest £. The finan¢Sal statements have been prepared under the h18torlc81 cost convantion. Imodified to tncludo the revaluation of freehobj propgrtles and lo Incl￿1@ Investment propert￿8 and certaln financlal Instruments at fair valuel. The principal a¢¢ountsng sy)l*ies adopted are $8t out below 1.2 In¢ome and •xp?ndlturo Income and expenses are I￿luded In the financlal 3tat8ments as they bocorr* receivable or due. Expenses include VAT where applicgble a8 the company cannot reclaim It. 1.3 Tanglblo flx•d a••ot• Tangible fixed assets are Initlalty measured at cosl and subsequently measured at cost or valuatron, net of depreciatlon and any impainn9nt105588. Depreclallon13 recognised so as lo write off the cogt or valuation of assets less thek resldual values over thelr usefLA Ilves on Ihg following bases.. Fixtures. fittings & equlpment 15% Reducing balance The gain or loss ari*'ng on the disposal of an asset Is determined as the differenG8 between the sale proceeds and the carrying value of th8 asset, and Is creditèd or charged lo surplus or deficit. 1.4 Impalmient ol flxod •88ets At each reporting perlod end dale, the company reviews thè carryiThJ amounts of its tangible assets lo detem)inè vth8ther th8re is any indication that those assets have suffered an impaimienl1055. If any such indication exists. the rècoverdble amount of the asset Is estimate(S in order to detennine the extent of the impaimient loss lif any) ere it 15 not Possiblè lo estimat8 th8 recov8rable amount of an individual asset. the company estimates the recoverable amount of the cash-generating unit lo which th8 asset belongs. Recoverable amount Is the higher of fair value less costs to sell and value in use. In assessing value in use, the estsmaled future cash flows are discounted to their present value using a prè-tax discount ral8 that r8flects cuirent market assessments of the lime value of money and the risks specific to the asset forwhich the estimates of future cash Ilows have not been adiusled. If the recoveralje amount of an asset lor Cash￿enerating unit) is estimated lo be less than ils carrying amounL thè carryiffj amounl of the asset (or casfvg8neraling unit) is reduGed lo its recoverable amount. An impaimienl LAMESLEY CHILDCARE loss Is recognised immediately in surplus or deficit. unless the televanl asset is carrièd at a ￿valUed amount. In wh￿h case the impairment loss is tr8ated as a r8valuation decieas8 LAMESLEY CHILDCARE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 Accounilng pollcle• (Contlnu?d) 1.6 Cash and ca•h equlvalents Cash and cash equivatents are basic financial assets and Include cash in hand. doposits held at call with banks, other short-tern IiquKI investments with origlnal maturits'es of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowlThJs In Current Iiabilllies. 1.6 Flnanclal In8trument• The company has elected to apply the provlsions of Section 11 'Basic Finanu81 Instwments, and Sethon 12 'Other Financial Instruments Issues. of FRS 102 to all of its financlal Instruments. Financial instruments are In the company's balance sheet when th8 C¢)mpany becomes party to the contractual provisions of the instrument, Financial assets and liabilits.es are offset vllh the net amounts presented in the finanGlal statements, when there is a legally énforceable right to sel off the recognlsed arnounts and there Is an Intention to settle on a net basis or to reali5e Ihè asset and settle the liability simultaneously 8•8le Ilnanclal a$set8 Basic financial assets, which include debtors and cash and bank balan￿5, are initsally measured at Iransacllon price including transaction costs and are subsequently carried al amortised Cost U51rwJ the effective Interest method unlass the arraThJement conskntut88 a financing Iransacts"on. where the transacts.on Is measured at the present value of the future rèceipts discounted at a market rate of interest. Financial 88sels ¢las8lfied as receivable within one year arè not amortised. Classlllcatlon of fln•n¢lal Ilabllltles Financial liabilities and equity ingtnfffienls arè cl88sifl8d according to the substance of the contractual arrangements entered Into. An equity instrument is any contracl that ovidonces a residual Int8fè$t in the assets of the company after deducting all of Its liakn'lities. 8•sk flnanclal Ilabllltl•s Basic financial Iiabilitses, induding creditors, bank loans. loans from fellcyw group companies and preference shares that are classified as debt. ar8 inilially recognised at tr8nsaction pnc8 unless the arrangem8nt conststutes a financing Iransactson, where the debt instrument Is measured at the present value of lulur8 payments dlscounled al a rnarkel rale of interesl. Financial liabilitie5 classiffied as payable within one year are not amothsed. Debt instruments are subsequenlly carried at amortised cost, usiThJ the effectbve Interest rate method, Trade creditors are obligatlong to pey for goods or service8 that ha￿ b88n acquired in the ordinary course of business from supplie￿. Amounts payable are classified a$ curmnt liabilities If payment is due within one year or18ss. If not. they are presented as non-current liabilities. Trade creditors are recogni5ed initially at transaction pnce and subsequently measured al amortised cost using the effeclive Intorest method. 1.7 Taxatlon The company is ex8mpt from corporation tax, it being a company not carrying on a bu5in6ss for th& purposes of making a profit. 1.8 employ0• bèn•flt8 The costs of short-tem employee benefits are recoJnised as a liability and arn expense, unless those costs are required to b8 recognised as part of the c05t of slod( or fixed assets. LAMESLEY CHILDCARE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Tenninallon beneffits are recognised immediately as an expense when the ccffipany Is demonstrably ccfflmrtted lo lermfftate the empbyment of an employee or to provide temination benefits. Aceountlng pollcl•• (Contlnu•d) 1.9 Retlrement bonellts Payments to defined contrl)ut•Jn retirement benefit 3chemes are charged as an expense as they fall due 1.10 L•ag•8 As l•ss•• Réntals payabb urKlèr operats'ng leasès, including any lease Incenti￿$ received. af6 charged to profit or loss on a straight Ine basts over the term of the relevant lease except where another more systematic basts 18 more representative of the time pattern ¥1 which economic benefits the leases asset are consumed, Judg•m•nt8 and key •ourc•8 of •8llmatlon uncgrtalnty In the applcation of the company's accounling policie8. the directors ar8 required lo make judgements, ests'rnetes and assumptions about the carrying amount of assets and liabililies thal are not readity apparent from other sources The estrnates and associated assumptions are based on historical expenence a￿j other factors that are congKlered to be ￿￿Vant. Actual rgsults may differ from these estimates. The estimates and underlyiry assumptions are reviewad on an ongoing basis. Revisions to accounting estsmates are recty3nised in the period in which the estimate is revised where the revision aff8cls only that per#Jd, or in the pèriod of the revision and future periods whore the revision affects both currenl and future per*3ds. Employoes The av8r8ge monthly number ol persons (including directors) employed by the company during the year was.. 2026 Number 2024 Number Total 33 Tanglble flxod a880ts Flxtum. Nttln98 8 •qulpm•nl Cost At 1 April 2024 and 31 March 2025 22,865 DepreclatloTr and Impalrmont At 1 April 2024 13.773 Depredation charged in the year 1,367 LAMESLEY CHILDCARE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15,140 At 31 March 2025 Carrylng amount At 31 March 2025 7.725 9.092 At 31 Marth 2024 D•btorn 2026 2024 Afflount• f•lllng duo wlthln one y•ar: Other debtors 5,201 7.374 Cr•dltor8: amounts falllng duo wllhln on• y••r 2025 2024 Bank loans Trade cradilor8 10.000 3,475 10.000 4.674 Taxation and social security 5,791 5.766 Other creditors 42,193 56.357 Crodttorn: amounts l•lllng due aft•r more than one year 2026 2024 Bank loans and overdrafts 10,000 20,000 Momborn. Ilablllty Tho c(xnpany is limited by guafantee. not hawng a share caprtal and ￿nsequentlY the liability ol members is limited, subject to an undertaking by each rnemb8r to contribute to th9 net assets or Iiabiliiies of the company on winding up Suth amounts as may be required not exceeding £1. Op•ratlng l•a8• commllments 10- LAMESLEY CHILDCARE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 At the reporting end date the company had outstanding commiknents for future minimum lea38 payments under non