Unique Kidz and Co Report of the Trustees for Year Ending March 31st 2024 Unique * and Co
Unique Kidz & Co. Company Limited by Guarantee Financial Statements Year ended 31 March 2024 Page Trustees, annual report (incorporating the director's report) Independent examiner's report to the trustees 12 Statement of financial activities (including income and expenditure account) 14 Statement of financial position 15 Notes to the financial statements 16
Unique Kidz & Co. Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) Year ended 31 Ivlarch 2024 The trustees, who are also the directors for the purposes of company law. presenl their report and the unaudited finanGial statements of the charity for the year ended 31 March 2024. REFERENCE AND ADMINISTRATIVE DETAILS Registered charity name Unique Kidz & Co. Charity registration number 1131652 Company registration number 06820293 Principal office and registered Woodhill Lane offiGe Morecambe Lancashire LA4 4NW The trustees Mrs J Halpin Mrs R D Armer Ms T Elkington Mr D Knowles Mr D C Walker Company secretsry Mrs D Amier Independent examiner Phillip Dennison ACA FCCA CWR Chartered Accountants 20 Mannin Way Lancaster Business Park Calon Road Lancaster LA1 3SW
Unique Kidz & Co. Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continued) Year ended 31 Ivlarch 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing Document Unique Kidz & Co. is a Company Limited by Guarantee governed by its Memorandum and Articles of Association dated 16th February 2009. In the event of the company being wound up, members are each required lo contribute an amount not exceeding £10. Unique Kidz & Co. is also constituted as a charitable trust regislered with the Charily Commission on 16th September 2009. Trustees and Officers The Directors of the charitable company (The Charity) are its Trustees for the purpose of Charity Law. The Trustees and officers serving during the year are detailed above. Recruitment and Appointment of Trustees As set out in the Articles of Association Trustees can be appointed in one of ways: appointment by the board (to fill a vacancy or as an additional Trustee) lo hold office until the next Annual General Meeting, or. elected by the Trustees al the AGM. The minimum number of Trustees is three and is not subjeGt lo any maximum. No business can be Iransacted at any General Meeting unless a quorum of three Trustees are present. The Board of Trustees is responsible for the management of the Charity and the safeguarding of its assels. Trustees are recruited lo the Board with a view to Gultivatirsg a mix of service represenlalion, additional support needs, teaching and caring expertise, professional play or management skills and local communily oonneclion. Induction and training of new Trustees Currently Trustees are appointed by verbal approaches and discussion with existing board members. The induction process involves prospective Trustees being supplied with a folder containing background information relating to the company and promotional material. If the prospective Trustees still express an interest. they will meet with a representative of the board who will discuss in more detail the implications of becoming a Trustee and resolve any further enquiries they may have regarding the activities of the organisalion and context in which il works. All TrLfStees undertake relevanl training including safeguarding 1 and 2 in line with their responsibilities for safeguarding young people.
Unique Kidz & Co. Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) fcontinuedj Year ended 31 March 2024 STRUCTURE, GOVERNANCEAND MANAGEMENT (CONTINUED) All Trustees are advised of their responsibilities with regard to making up part of the 'Regislered Person, for OFSTED purposes. Risk Management The Trustees have assessed the risks Ihe Charity fa5 and are Satisfied Ihat Ihere are systems in place or arrangements are in hand to manage the risks that have been identified. The risk management strategy comprises.. A regular periodic review of the risks the Charity may face The establishment of systems and procedures lo mitigate those risks identified in the plan The implementation of procedures designed to minimise any potential impact on the Charity. In addition to self-management of the main objects of the Charity, the Charity is monitored by OFSTED and the Charity Commission. The board of Trustees endeavour to meet every 3 months and are ultimately responsible for the strategic direction and policy of the charity- The general management of the Charity is carried out by Mrs J Haplin and Mrs D Armer (Trustees) who report to the board al each meeting. OBJECTIVES AND ACTIVITIES Our objective is lo advance Ihe social and play opportunities for children and young people with additional needs and disabilities and lo include their siblings. We are a trusted service for families in the local area for disabled children, young adults and their families. The activities delivered by Unique Kidz and Co Charity in pursuit of the objectives of the Charity include the following: After School Club After School Club is open from 3-6pm, 5 days a week during lerm time for 38 weeks of the year excluding Bank Holidays. The club provides children between the age5 of 5 up to 19 a chance to relax in a safe environment following Iheir school day whilst allowing parents to Gontinue working, Iraining or spending lime with their other children. The children have the space to play freely or take part in range of planned activities. Each term has specific themes linking to current topics or affairs and the staff work hard to plan and deliver engaging sessions that meet the wide range of needs of the children. BBC Children in Need fund the salaries of two of our Playworkers who work in After School Club. Children are collected from local special and mainstream schools in our wheelchair accessible minibuses or parenlslcarers can also drop children off themselves. On average, 10 children attend each night which has increased from last year.
Unique Kidz & Co. Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2024 OBJECTIVES AND ACTIVITIES ICONTINUEDI Holiday Club Holiday Club is open from 10am-4pm, 5 days a week over 14 weeks of the year excluding Bank Holidays. On average, 19 children attend each session which is a small increase from the previous year. Different groups of children aged from 5 up to 19 allend during the holiday clubs giving them all the opportunity to form new friendships. Each holiday club has a theme and our experienced staff support the children lo play differenlialing Ihe activities to meet the children's individual needs. BBC Children in Need fund two of our Playworkers who work in Holiday Club. The children have been able lo benefit from many trips in our local and wider community which we reslricled in recent previous years due to the pandemic. These have included going lo oulward bound centres, sensory centres, local towns, swimming, cinema and bowling. We will continue to plan and deliver fun and engaging trips for the children lo give them as many opportunities as possible to experience new and fun things. We have continued to receive funding from the Healthy Activities and Food government scheme (HAF) that has allowed us to provide free holiday club sessions to all eligible children with SEN over the Easter, Summer and Christmas holidays. We have also run lce weekly evening sessions during these holiday clubs which ha5 provided a healthy meal and activity for these children. Weekend Club This year we have successfully delivered regular monthly weekend clubs for children aged 5 up to 19. These sessions run in a similar way lo our Holiday Club and are run by our core leam of staff. Due lo the popularity of these sessions last year, we have increased the number of sessions lo Iwo per month and have an average of 11 children attending each. Due to the increasing popularity of these sessions, we will look lo put a team of weekend staff in place to ensure that these sessions can continue to grow. Stay and Play Our Stay and Play group runs twice a week during term time every Wednesday and Thursday for babies and children under 5 and their parenlslcarers. Each session is planned and delivered by two Playworker5 who are funded by BBC Children in Need. One session is a traditional °stay and pla where children are encouraged lo play with each other, supported by our Playworkers whilst the parents and carers can support each other and offer advice. The second session is more sensory based and offers children and parentslrArer5 the opportunily lo experience differenl sensory techniques to encourage overall development. The sessions are a fantastic way for parenls and carers to become familiar with our services and building and we are seeing a high percentage booking their children into after school and holiday clubs once they are al school. We have continued to run half-termly weekend drop in stay and play sessions which have been really popular and seem to bring more new people to the regular stay and play sessions. Siblings Group Our Siblings Group meets lce a month for one evening session and one weekend session and is funded by BBC Children in Need. Two support workers deliver a variety of sessions based on the children's suggestions and activities that will encourage the children to talk and support each other.
Unique Kidz & Co. Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2024 OBJECTIVES AND ACTIVITIES (CONTINUED) 4Ever Unique Daytime Support 4Ever Unique has grown lo have 38 young adults regularly accessing the setvice during the year. It is open 5 days a week, 52 weeks of the year (excluding Bank Holidays} from 9am-6pm. 11 provides young adults with an opportunity to work towards their own goals. build on communication skills, problem solve and gain confidence by getting involved in activities within the local community. Places are commissioned through Social Services. NHS Continuing Health Care, are paid through a Direct Payment from a young persons agreed budget or the young person is able to pay themselves. We continue to use our accessible minibuses lo allow the young adults lo access the local community during the day and lo collect young adults from local specialist colleges during term lime. We have seen an unusually large increase in the number of young adults accessing 4Ever Unique this year due to a high number leaving our Kidz Club service over the summer of 2023 and transitioning straight into our young adults service. This has shown us Ihal families are choosing to stay with us and how important transition from our children's service to adults is which we will look lo improve over the next year. 4Ever Unique now has a waiting list in place for young adults lo use the service. This year our regular weekend sessions have Continued to run and remain popular. We plan to increase the number of sessions per month to suit family's needs over the next 12 months whilst also changing the formal of the sessions so that they can reach a wider audience. The service was inspected from Lancashire County Council in Spring 2023 and received a good report. The team are working with the council on an action plan to maintain our standards. Staffing and Funding Each club (excluding Siblings Group) operate on a minimum ratio of staff to young person of 1..4. A small number of children and young people require additional support and staffing for this is funded by Lancashire County Council Special Educational Needs and Disabilities Team. Social Care Teams or NHS Continuing Health Care. The club's "Fee Waiver Policy. continued to be in place allowing staff, if required, to identify a family in need and offer financial support to enable their child or young adult to continue ac¢essing sessions have Gontinuily of support al Unique Kidz and Co during any difficult financial situalion. Slaffing levels have remained consistent throughout Ihis year however il is clear that we will need lo employ more staff across the charity lo be able to meet demand and increase numbers in Kidz Club and 4Ever Unique. 11 is evident Ihat the Senior Management Team will need to change over the next 12 months and the Board of Trustees will look lo create a new role lo specifically support the services we provide. Toy Library The Toy Library offers families the opportunity lo borrow specialist toys and equipment that might otherwise be too expensive or not worth purchasing for part lime use. The Toy Library opened during the pandemic and has continued to run and the storage costs for this year were covered by the Eric Wright Trust which has allowed the charity to employ a casual staff member in place lo coordinate the bookings and deliveries. Due to ils popularity. a permanent staff member will be required within the next 12 months.
Unique Kidz & Co. Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continuedj Year ended 31 March 2024 OBJECTIVES AND ACTIVITIES ICONTINUEDI How our activities deliverpublic benefit By providing OFSTED registered childcare for children with disabilities and additional needs all year round, lo fit in with the requirements of the academic year and the needs of working families. Giving children with disabilities the besl quality OFSTED registered childcare and social opportunities and play resources available and providing seNices local parents would have to travel much further lo obtain if we weren't here. Giving young adults with disabilities a high-quality service thal meets Iheir needs and increases their confidence and independence within the local community. Helping parents and carers of children and adults with disabilities return lo work instead of having to care for their children full time, meaning that less families are living in poverty and deprivation. This creates better mental health and quality of life for both the children and young adults in our care and their families and Garers. Raising awareness of how lo be truly inclusive in childcare and daytime support settings and the workplace with our unique training programmes. Helping other organisalions serve the community through the use of our space at Woodhill Lane. Helping inspire small businesses and charities through our regular neOrkIng and public speaking appointments. In addition to offering employment, we are also a provider of teacher training and student placements for people who want lo become childcare professionals. We support our community by providing worthwhile volunteering opportunities and work experience for people who want lo pursue a career in specialist childcare. social care or heallhcarelnursing. Offering families. schools and nurseries aCsS to specialist toys and equipment through our Toy Library. Charges to Access Services Although the cost of providing care for children and adults with additional needs can be significantly higher Ihan those of a mainstream childcare provider. we feel that it is important to keep our charges in line with mainstream after school and holiday clubs in our area. We work hard to subsidise the cost of the care lo keep the charges to parentslcarers al this rate. Our fees for parents and carers remained the same as the previous year.. After School Club £10.00 per session from 3:15pm - 6:00pm Holiday Club I Weekend Club £26.00 per session from 10:00am - 4.'OOpm The cost of our services lo parents are subsided through grants. donations and our own fundraising activities. The price structure for 4Ever Unique was.. 3 hours.. £35 6 hours.. £66 9 hours.. £99 We have individual SeNice Level Agreements in place with Lancashire County Council Social Care Team lo deliver care for several children and young adults to attend sessions at After School Clubs,
Unique Kidz & Co. Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (contsrtuedj Year ended 31 March 2024 OBJECTIVES AND ACTIVITIES ICONTINUEDI Holiday Clubs and 4Ever Unique. These places, along with those funded by Continuing Health Care, are not subsidised but charged at the full rate. Siblings Group and Slay and Play are both free services fully funded by BBC Children in Need. Following the complelion of our second year grant report, we received the following feedback.. "I have loved learning n70re about what you have done this year and the impact it has on your young people. Your outcomes and exan7ples were wonderful, in particular I loved hearing the C ative ways of gatherlng feedback and communicating wilh your young people in such creative and personalised ways such as the swilGhes and sound buttons. Its also clear how much you work with each Child as an individual, supporting Ih8m to reduce stress, have fun and be independent." The Toy Library remains a free service funded by Unique Kidz and Co and the EriG Wright Trust. We continue to be an approved Breaktime Provider wilh Lancashire County Council and with this funding we can provide sessions to Breaktime members for a reduced rale during after school club, holiday club and weekend clubs. Unique Kidz and Co.. signposts parents lo a number of local organisations offering relevant support and are happy to work with parents and carers to find funding streams for Ihem to access other services. is registered with Ofsted therefore parents who are eligible lo Working Family Tax Credits can use this to pay for some of the costs of childcare. is registered to take a variety of Childcare Vouchers. works with parents to sel up standing orders to pay smaller regular amoun15 on a rolling basis to spread the cost of Clubs over the year. Parents can pay by cash. cheque or BACS. Transport We continue to collect children and young adults from the local specialist schools and colleges. Transport can be a major barrier to parents accessing activities for their disabled children and young people. Staff who drive the Minibuses are "TOPS" trained which includes how lo clamp wheelchairs and how to use the lift. An escort is always on the minibus lo support the Ghildren and young people. The charity purchased a brand new minibus in September 2023 allowing us to collect more children from specialist schools during term time whilst also enabling our young adults to access the community in larger groups during Ihe day. We have also employed an additional driver which enables every service lo access the local community more often.
Unique Kidz & Co. Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2024 ACHIEVEMENTS AND PERFORMANCE Achievement and Performance to Date 2010 2011 Rated as outstanding by OFSTED following their first Inspection Trustee Denise Armer attended a reception at No.10 Downing Street David Morris MP tabled an Early Day Motion in Parliament in support of Unique Kidz and Co Enterprise Vision Award (EVA) for best New Business The Selnel (Social Enterprise Lancashire Network) Small Social Enterprise Award EVA Award- Inspirational Woman ofthe Year Social Enterprise North Wesl (SENW) Small Social Enterprise Award National Mumpreneur Award for Best Supporting Business EVA Award Besl Small Business Award Rated Outstanding following a further OFSTED Inspection Finalists in the Inspiring Woman Awards Entrepreneur Category Listed in the Independent on Sunday Newspaper Happy List David Morris MP labled an Every Day Motion in Parliament in support of Unique Kidz and Co Emma Pearson won the CVS Young Volunteer Award 4Ever Unique- Daytime Support Service opened, providing daytime support lo young adults with disabilities ages 16 to 25. Ofsted visit - all our conditions were "Met" (as we no longer deliver services to the "Early Years Foundation Stage. our quality and standards are measured differently than in previous years) Shortlisted for The Northern Enterprise Awards Manchester for the Resilience Award College Club opened. BBC Radio Lancashire Broadcast live from our Building Simon Anlrobus. CEO of BBC Children in Need visited Unique Kidz and Co. He wrote a report about his time spent at the Glub which can be found on the Children in Need website. BBC Northwest Tonight did a live broadcast from our building celebrating CIN. Two of our team look part in the Pedal for Pudsey with Graham Liver cycling around the area visiting local Primary Schools. Won Ihe"Visitor Newspaper" Sunshine Award for Care. Won "Best Sland" al the first North Lancs Business Expo Delivered disability friendly ice-skating sessions, working with Lancaster on Ice Celebrated Unique Kidz and Co.'s 1 Olh Birthday Won BBC Radio Lancashire Community Hero Award Successfully supported families in person and virtually Ihroughout the Covid-19 pandemic Purchased our building on Woodhill Lane and the adjacent field on Acre Moss Lane. Graham Liver joined Suzie Hayman as a Charity Patron. Successful planning applicalion for a cabin adjacent to 4Ever Unique for service delivery Purchased new minibus Finalists in the Red Rose Awards 2024 Submitted the final plans for the extension of the building and development of the adjacent field 2012 2012 2013 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Unique Kidz & Co. Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (contlnuedj Year ended 31 March 2024 ACHIEVEMENTS AND PERFORMANCE (CONTINUED) Fundraising Due lo maternity leave within the Fundraising Team this year, it proves difficult to maintain the same level of fundraising and to increase fundraising events. Previous successes such as Wagz and Walkz, Christmas Fair and Sensory Grotto continued whilst some events such as the Charity Ball were put on pause. Fundraising is back to full strength and will need to be more stralegic as the planning application for the extension and development has now been submitted which will require a high level of funding if approved. The Board of Trustees will continue to monitor fundraising and intend to expand the team within the next 12 months. Premises Currently, the building is wheelchair accessible with disabled toilets and changing facilities, mobile hoists and a wheelchair accessible playground. It is all set on one level and consists of 3 service rooms including a sensory room, where we deliver out childcare and daytime support services along with an offi. kitchen and toilets. We also have a small cabin in Ihe outside area that surrounds 4Ever Unique. Al Ihe end of this year, we rearranged the two staff offices to create one main staff office and a separate staff roomlmeeting room. This has been a huge success as il has allowed staff in the office to work closer together whilst also giving the staff team their own space lo enjoy their breaks. Next year. we will look to make improvements to the hallway area to address the current storage issues. The planning application has been submitled for the extension of the building and development of the field adjacent lo our building and we excitedly await the decision. If planning permission is approved, the Board of Trustees will work quickly lo pul expansion plans in place alongside a robust funding strategy. Future Plans This year we have developed our staff benefit package and we would like to continue reviewing this annually to reward our team and attract new slaff. The additions this year include a group income protection scheme which provides all permanent staff with access to certain healthcare benefits alongside financial support for long te health conditions. The majority of our services now have waiting lists in place and as a Board of Trustees we are very aware that many more families need our support. Over the next 12 months, we will look to connect with individuals within the local and wider community who may be able to support our expansion plans. We will also be looking for slrategic partnerships to align with our funding needs. Our goal remains for Unique Kidz and Co to be open 7 days a week and we have continue to work towards this. We would like to develop our staff team so thal Ihere is Capacity lo consider expanding current services and starting new ones. As Trustees our vision is to always provide a high-quality specialised setting and as such, we are always looking al ways lo enhance the lives of Ihe children and young adults with disabilities who come to any of our services and their families.
Unique Kidz & Co. Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (¢onlinuedJ Year ended 31 March 2024 FINANCIAL OVERVIEW Financial Perfonnance and Position Total income for the year amounted lo £679,893. £497,942 173%) was generated by our own activities, £83,841 (130/.} by way of voluntary income. £56.393 (8 % I by way of Local Authority Service Level agreements and the balance of£41,717 (6%) by way of grants. The results for the year show a surplus of £89,698, and as at 31 March 2024 tolal funds carried forward were £698,612 with £1.455 being restricted funds. Local Authority Service Level Agreements £40.935 was received from Lancashire Counly Council under The Breaklime Service Level Agreements. £15,458 was received from Lancaster City Council under the Holiday Activities and Food Programme Service Level Agreement. Grants Other vital grant funding was received from Children in Need (£35,763), and smaller notable amounts from Lancaster Mobility Trusl (£2,500), Co-op1£1,454), Lancaster District WMF (£1,000). Groundwork UK- Tesco (£500) and 3R Foundation Grant Award {£500). Reserves policy The Trustees have reviewed the development of the resetves fund in view of the main risks to the organisalion. They have established a policy whereby the unrestricted funds not committed Should be equivalent to one year's running costs to allow Unique Kidz and Co to maintain its charitable activities should there be any short-term delays in funding. Unrestricted funds 697,157 Less unrestricted fixed assets {252,9241 Less funds designated to the Building Development Project (150,000) Unrestricted funds not committed 294,233 The level of unrestricted funds not committed at 31 March 2024 represents 500/0 of annual running costs. Although the Gurrent level of reserves is short of Ihe target the strategy remains to create increased reserves through planned operating surpluses and a review of the activity programme. 10
Unique Kidz & Co. Company Limited by Guarantee Trustees. Annual Report (Incorporating the Director's Report) (continu Year ended 31 March 2024 SMALL COMPANY PROVISIONS This report has been prepared in accordance wilh the provisions applicable lo companies entitled to the small companies, exemption. The trustees, annual report was approved on Iruslees by.. and signed on behalf of the board of rQK Mrs J Halpin Trustee 11
Unique Kidz & Co. Company Limited by Guarantee Independent Examiner's Report to the Trustees of Unique Kidz & Co. (conllnuedj Year ended 31 March 2024 The Trustees, who are also directors for the purposes of company law, are responsible for preparing the Trustees. report and the financial statements in accordance with applicable law and United Kingdom Accounting Slandards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity Trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the income and expenditure, for that period. In preparing these financial 51atemenls, the Trustees are required to- select suitable accounting policies and then apply them consistently. observe the methods and principles in the applicable Charities SORP., make judgments and accounting estimates that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements., prepare Ihe financial statements on the going concern basis unless il is inappropriate to presume that the charity will continue in business. 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 lo 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. I report to the trustees on my examination of the financial slalements of Unique Kidz & Co. ('the charity,) for the year ended 31 March 2024. Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('Ihe Act.). I report in re5pecl of my examination of the Trustee'5 accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5){bl oflhe 2011 A. 12
Unique Kidz & Co. Company Limited by Guarantee Independent Examiner's Report to the Trustees of Unique Kidz & Co. (continuedj Year ended 31 March 2024 Independent examinerfs 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 l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountan15 in England and Wales IICAEW), which is one of the listed bodies. 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.. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2 the financial slalements 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. 4 the financial statements have not been prepared in accordance with the methods and principles of the Slalement of Recommended Practice for accounting and reporting by charities applicable lo charities preparing their accounts in accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102). I have no concerns and have come across no olher 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. Phillip Dennison ACA FCCA Independent Examiner CWR Chartered Accountants 20 Mannin Way Lancaster Business Park Caton Road Lancaster LA13SW 13
Unique Kidz & Co. Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2024 2024 Restricted funds Totsl funds Total funds 2023 Unrestricted funds Note Income and endowments Donations and legacies Charitable activities Other trading activities Investment income Other income 70,008 501,771 42,799 6,922 2,843 13.833 41,717 83.841 543.488 42.799 6.922 2,843 34,582 465,046 35,744 911 5,890 Totsl income 624,343 55,550 679,893 542.173 Expenditure Expenditure on raising funds.. Expenditure on raising funds Expenditure on charitable activities Other expenditure Total expenditure 10 11 13 51,187 468.423 1,000 69,585 52,187 538,008 45.186 443,786 32 519,610 70,585 590,195 489,004 Net income 104.733 (15,035) 89,698 53,169 Transfers beeen funds {11,490) 11,490 Net movement in funds 93,243 (3.545) 89,698 53,169 Reconciliation of funds Total funds brought fornard Totsl funds carried forward 603,914 5.000 608,914 555,745 697,157 1,455 698,612 608,914 The statement of financial activities includes all gains and losses recognised in Ihe year. All income and expenditure derive from continuing activities. The notes on pages 16 to Errorl Bookmark not defined. fomi part of these financial statements. 14
Unique Kidz & Co. Company Limited by Guarantee Statement of Financial Position {conrlnued) 31 March 2024 2024 2023 Note Fixed assets Tangible fixed assets 18 252,924 234,546 Current assets Items for resale Debtors Cash at bank and in hand 19 20 250 120.553 346,195 250 73,029 324,166 466.998 397,445 Creditors: amounts falling due within one year Net current assets 21 21,310 23,077 374,368 445,688 Total assets less current liabilities 698.612 608,914 Net assets 698.612 608,914 Funds of the charity Restricted funds Unreslricled funds 1,455 697,157 5.000 603,914 Total charity funds 23 698,612 608,914 For the year ending 31 March 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities.. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476- The directors acknowledge their responsibilities for complying with the requirements of Ihe Act with respect to accounting records and the preparation of financial statements. These financial slalements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. These fin nci I statements were approved by the board of trustees and aulhorised for issue on and are signed on behalf ofthe board by= Mrs J Halpin Trustee The note5 on pages 16 to EOr1 Bookmark not defined. fomi part of these financial statements. 15
Unique Kidz & Co. Company Limited by Guarantee Notes to the Financial Statements (¢gntinued) Year ended 31 March 2024 General infomiation The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Woodhill Lane. Morecambe, Lancashire, LA4 4NW. Statement of compliance These financial slalemenls have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,. the Statement of Recommended Practice applicable lo charilies preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 1021} and the Companies Act 2006. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value Ihrough income or expenditure. The financial slalements are prepared in sterling, which is the functional currency of the entity. Going concern There are no material uncertainties about the charity's ability to continue. Fund accounting Unreslricled funds are available for use at Ihe discretion of the trustees to further any of the harity's purposes. Designaled funds are unrestricted funds earmarked by the trustees for particular fulure project or commiltnenl. Restricted funds are subjeded lo restrictions on Iheir expenditure declared by the donor or through the lems of an appeal, and fall into one of two sub-classes.. restricted income funds or endowment funds. Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed lo the charity., il is probable thal Ihe economic benefits associated with the transaction will flow lo the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: income from donations or grants is recognised when there is evidence of entitlement to the gift. receipt is probable and its amount can be measured reliably. legacy income is recognised when receipi is probable and entitlement is eslablished. 16
Unique Kidz & Co. Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2024 3 Accoiintinq polices (conlinuedl income from donated goods is measured al the fair value of the goods unless this is impractical lo measure reliably, in which case the value is derived from the cost to the donor or the eslimaled resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for il to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: expenditure on raising funds includes the costs of all fundraising aclivilies, events, non-charilable trading activities. and Ihe sale of donated goods. expenditure on Gharitable activities includes all costs incurred by a charity in undertaking activities that further ils charitable aims for the benefit of its beneficiaries. including those support costs and costs relating lo the govemance of the charity apportioned lo charitable activities. olher expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expendilure on charitable activilies. All costs are allocated to expenditure categories reflecting the use of the resource. Direct cosls attributable to a single activity are allocated directly lo thal activity. Shared costs are apportioned between the activities they contribute lo on a reasonable. justifiable and consistenl basis. Tangible assets Tangible assets are initially recorded at cost. and subsequently slated al cosl less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amoun15 are recorded al the fair value at the dale of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amounl of an asset as a resull of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment thal has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, excepl to which il offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities. Under the revaluation policy, the freehold property will be valued every 3 to 5 years by a professionally qualified valuer. 17
Unique Kidz & Co. Company Limited by Guarantee Notes to the Financial Statements (contlnued) Year ended 31 March 2024 3. Accounting polices Iconlinued} Depreciation Depreciation is calculated so as to write off the cost or valuation of an assel, less its residual value, over the useful economic life of Ihat asset as follows.. Selling and play equipment Fixtures and fittings Motor vehicles Compuler equipment 330h straight line 330 straighl line 250/0 reducing balance 33Q/o straight line Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Wl)ere the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment tesling, when il is not possible to estimate the re¢overable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unil to which the asset belongs. The Gash-generating unil is the smallest identifiable group of assets Ihal includes Ihe assel and generates cash inflows that largely independent ofthe cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units. Stocks Stocks are measured at the lower of cost and estimated selling price less costs to Gomplete and sell. Cost includes all costs of purchase. costs of conversion and other costs incurred in bringing the stock lo its present location and condition. Govemment Grants Government grants are recognised al the fair value of the asset received or receivable. Grants are nol recognised until there is reasonable assurance thal the charity will comply with the conditions allaching to them and the grants will be received. Where the granl does not irnpose specified future performance-relaled ¢onditions on Ihe recipient. it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performanGe-relaled conditions on the recipient, il is recognised in income only when the performance-related conditions have been mel. Vvhere grants reGeived are prior to satisfying the revenue reGognilion Griteria, they are recognised as a 18
Unique Kidz & Co. Company Limited by Guarantee Notes to the Financial Statements (¢ontinued) Year ended 31 March 2024 Accounting policies (Continued) Financial instruments A financial assel or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected lo be paid or received and not discounted. Debt inslruments are subsequenlly measured at amortised cost. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value. unless payment for an asset is deferred beyond normal business terms or financed al a rate of interest that is not a market rate. in which case the asset is measured at Ihe present value of the future payments discounted at a market rale of interesl for a similar debt instrument. Other financial instruments are subsequently measured at fair value, wilh any changes recognised in the slalement of financial activities, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured al Gosl or amortised cosl are reviewed for objective evidence of impairment al the end of each reporting dale. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the slalement of financial activities in which the initial gain was recognised. For all equity inslrumenls regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairtnenl. Other financial assels are either assessed individually or grouped on the basis of similar credit risk characterisliGs. Any reversals of impairment are recognised immediately, lo the extent that the reversal does not result in a carrying amount of the financial asset that exceeds whal the carrying amount would have been had Ihe impairment not previously been recognised. Defined contribution plans Contributions lo defined Gonlribulion plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. 19
Unique Kidz & Co. Company Limited by Guarantee Notes to the Financial Statements (contlntsedj Year ended 31 March 2024 Accounting policies (continuedj Defined contribution plans (continued) When contributions are not expected to be settled wholly within 12 months of the end of the reporting dale in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which il arises. Limited by guarantee Every trustee of the charity undertakes lo contribute such an amount as may be required (nol exceeding £101 lo the charity's assets if il should be wound up while he or she is a trustee, or within one year afier he or she ceases to be a trustee. Donations and legacies Unrestricted Funds Reslricled Totsl Funds Funds 2024 Donations Donations Donated goods and services 70,008 70.008 13,833 13,833 70,008 13,833 83.841 Unrestricted Funds Restricted Total Funds Funds 2023 Donations Donations Donated goods and services 29,342 29,342 5,240 5.240 29,342 5,240 34,582 Charitable activities Unrestricted Funds Restricted Total Funds Funds 2024 Grants Holiday Club fees After School Club fees 4Ever Unique fees LCC Breaklime & HAF funding 41,717 41.717 50,416 38,906 356,056 56,393 50,416 38,906 356.056 56,393 501,771 41,717 543,488 20
Unique Kidz & Co. Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2024 Charitable activities {conrlnuedJ Unrestricted Funds Restricted Total Funds Funds 2023 Grants Holiday Club fees After School Club fees 4Ever Unique fees LCC Breaktime funding 45,121 45,121 52.700 48,027 258,846 60.352 52.700 48,027 258,846 60,352 419,925 45.121 465,046 Other trading activities Unrestricted Totsl Funds Unrestricted Total Funds Funds 2024 Funds 2023 Fundraising events 42,799 42,799 35,744 35,744 Investment income Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Bank inleresl 6,922 6,922 911 911 Other income Unreslricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Sale of items 2,843 2,843 5,890 5,890 10. Expenditure on raising funds Unrestricted Funds Restricted Total Funds Funds 2024 Fundraising staff costs Other fundraising costs 28,997 22,190 28.997 23,190 1,000 51,187 1,000 52,187 21
Unique Kidz & Co. Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2024 10. Expenditure on raising funds (contlnued) Unrestricted Funds Restricted Total Funds Funds 2023 Fundraising staff cosls Other fundraising costs 25,472 19,164 25.472 19,714 550 44,636 550 45,186 11. Expenditure on charitable activities by fund type Unrestricted Funds Restricted Total Funds Funds 2024 Staff costs Play and activities costs Vehicle costs Other direct costs Depreciation Support costs 269,601 11,531 7,347 12,922 24.871 142.151 40,974 4,615 5,167 583 310,575 16,146 12,514 13,505 24,871 160,397 18,246 468,423 69,585 538,008 Unrestricted Funds Restricted Total Funds Funds 2023 Staff costs Play and aclivilies Gosts Vehicle costs Other direct costs Depreciation Support costs 208,249 10,725 9,964 9.485 12.472 142,065 35,048 8,994 243,297 19,719 9,964 12,415 12.472 145,919 2,930 3,854 392,960 50,826 443,786 22
Unique Kidz & Co. Company Limited by Guarantee Notes to the Financial Statements (contlnued) Year ended 31 March 2024 12. Analysis of support costs Totsl 2024 Total 2023 Staff costs Premises Communications and IT General office Finance costs Governance costs Legal and professional fees Depreciation Other support costs 55,913 66,674 10.974 2.518 122 1,397 8,166 6.165 8,468 61,415 52,611 10,024 2,518 156 1,510 5,678 6,165 5.842 160,397 145,919 13. Other expenditure Unreslricled Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 PAYE inleresl paid 32 32 14. Net income Net income is stated after chargingl{credilingl= 2024 2023 Depreciation of tangible fixed assets 31,035 18,637 15. Independent examination fees 2024 2023 Fees payable lo the independent examiner for- Independent examination of the financial statements Other financial services 500 720 500 720 1,220 1,220 23
Unique Kidz & Co. Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2024 16. Staff costs The lolal staff costs and employee benefits for the reporting period are analysed as follows.. 2024 2023 Wages and salaries Social security costs Employer contributions to pension plans 367.046 17,413 11,026 307,824 13,937 8,423 395,485 330,184 The average head count of employees during the year was 3512023: 29). The average number of full-lime equivalent employees during Ihe year is analysed as follows.. 2024 2023 Fundraising activities Direct charitable work Administration and support 30 25 35 29 No employee received employee benefits of more than £60,000 during the year (2023: Nil). Key Management Personnel Key management personnel include all persons that have authority and responsibility for planning, directing and controlling the activities of the charity. The total compensation paid to key management personnel for services provided to the charity was £9,942 {2023- £6,240). 17. Trustee remuneration and expenses No remuneration or other benefits from employmenl wtth the charily or a relaled entity were received by the Trustees other than Mrs J Halpin and Mrs R D Armer. who are key management personnel of the charity. Remuneration of key management personnel is detailed in note 16. Consent for remuneration of the above Truslee5 was obtained from the Charity Commission on 24th February 2010. Travel costs were also reimbursed to the above Truslees in relation lo their position as employees of the Charity. 24
Unique Kidz & Co. Company Limited by Guarantee Notes to the Financial Statements {continuedJ Year ended 31 March 2024 18. Tangible fixed assets Setting and Freehold play Fixtures and property equipment fittings Molor Computer vehicles Equipment Total Cost At 1 Apr 2023 Additions 209.283 81,877 748 33,085 1,100 18,592 47,565 34,574 377.411 49.413 At 31 Mar 2024 209,283 82.625 34,185 66,157 34,574 426,824 Depreciation Al 1 Apr 2023 Charge for the year 69,349 29,344 17,304 26,868 142,865 10,420 2,237 12,213 6,165 31,035 At 31 Mar 2024 79.769 31,581 29,517 33,033 173,900 Carrying amount At 31 Mar 2024 209,283 2.856 2,604 36,640 1,541 252,924 Al 31 Mar 2023 209,283 12,528 3,741 1,288 7,706 234.546 19. Stocks 2024 2023 Items for resale 250 250 20. Debtors 2024 2023 Trade debtors Prepayments and acGrued income Other debtors 73,998 45,852 703 47.878 25,151 120,553 73,029 21. Creditors: amounts falling due within one year 2024 2023 Trade creditors Accruals and deferred income Social security and other taxes Other creditors 13,385 2,146 2,733 3,046 11.676 2.692 4.552 4,157 21,310 23,077 25
Unique Kidz & Co. Company Limited by Guarantee Notes to the Financial Ststements (conrlnued) Year ended 31 March 2024 22. Pensions and other post-retirement benefits Defined contribution plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £11,02612023'. £8.423). 23. Analysis of charitable funds Unrestricted funds At 31 March 20 24 At 1 April 2023 Income Expenditure Transfers General funds Designated Funds Minibus Building Development Project 413.914 624.343 {479,610) (11,490) 547,157 40.000 (40.000) 150,000 150,000 603,914 624,343 (519,610) (11,490) 697.157 At 31 March 20 23 At 1 April 2022 Income Expenditure Transfers General funds Designated Funds Minibus Building Development Project 400,418 491,812 (437,628) {40,688) 413,914 40,000 40,000 150,000 150.000 550,418 491,812 {437,628) {688) 603,914 26
Unique Kidz & Co. Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2024 Restricted funds At 31 March 20 24 At 1 April 2023 Income Expenditure Transfers Donations Donated services 13,833 (13,833) Revenue grants CIN- Main Grant Eric Wright Trust- Library Lancaster District Mobility Trust 3R Foundation Grant Award Co-op Groundwork UK- Tesco Lancaster District WMF 35,763 (47,253) 11,490 5,000 (5,000) 2,500 12,500) 500 1,455 (500) 1,455 500 1,000 (500} (1,000) 5,000 55.550 (70,585) 11,490 1,455 At 31 March 20 23 At 1 April 2022 Income Expenditure Transfers Donations Donated services 5,240 (5,240) Revenue grants CIN- Main Grant CIN - additional funding Eric Wright Trusl- Jubilee celebrations Eric Wright Trust- Library Arnold Clark Lancaster Mobility Trust 5.327 36,521 500 (42,536) (5001 688 100 1100) 5,000 2,000 1,000 5,000 (2,000) (1,000) {51.3761 5,327 50.361 688 5,000 27
Unique Kidz & Co. Company Limited by Guarantee Notes to the Financial Statements (continuedj Year ended 31 March 2024 24. Analysis of net assets between funds Unrestricted Funds Reslricled Totsl Funds Funds 2024 Tangible fixed assets Current assets Creditors less than 1 year Net assets 252,924 465,543 (21,310) 697,157 252,924 466,998 (21,310) 698,612 1,455 1,455 Unreslricled Funds Restricted Total Funds Funds 2023 Tangible fixed assets Current assets Creditors less than 1 year Net assets 234,546 392,445 {23,077) 603,914 234,546 397,445 {23,07n 608,914 5,000 5,000 25. Related parties Except as outlined in note 17, no trustee or other person related lo the charity had any personal interest in any contract or Iransaction entered into by the charity during the period. No material donations were made by Trustees to the charity. 28