Unique fidz and Co Annual Report 2024/2025 Unique+ fidz,,
Unique fidz & Co. Company Limited by e¥uarantee nancial Statements Year ended 31 March 2025 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 financi31 statements 16
Unique fidz & Co. Company Limited by Guarantee Tru5tees' Annual Report (Incorporating the Llrector's Report) Year ended 31 March 2025 The trustees, who are also the directors for the purposes of company law, present their report 3nd the unaudited financial statements of the charity forthe year ended 31 March 2025. REFERENCE ANP ADMIHISTrATIV£ DETAILS Registered charity name Unique Kidz & Co. Charity registration number 1131652 Company registration number 06820293 Principal office and registered office Woodhill Lane Morecambe Lancashire LA44NW The trustees Mrs J Halpin Mrs R D Armer Ms T Elkington Mr D Knowles Mr D C Walker Company secretary Mrs D Armer Independent examiner Phillip DennisonACA FCCA CWR Chartered Accountants 20 Mannin Way Lancaster Business Park Caton Road Lancaster LAI 3SW
Unique fidz & Co. Company Limited by Guarantee Truslees Annual Report (Incorporaling the Direclor s Reporl) (<antinued) Year ended 31 March 2025 Letter from Jane & Penise A place to play, make friends, hove fun and be unique We started Unique Kidz and Co in 2009 with a dream to create somewhere for our children and their friends to play, socialise and thrive whilst getting the high quality care and support they required. Fast forward 15 years and that dream has grown into a community that has supported 187young people and delivered 3.799 hours of activities. We have made incredible impact over the past 12 month5 especially seeing improvements to our building, approvals for big development plans and growth of the staff team whilst continuing to deliver our core services that are a lifeline to so many. Butthe truth is,the need for Unique Kidz & Co is biggerthan ever- and we are very closeto beingfull. That's why our focus going fonmard is to deliver our latest dream - "the big development" which will see us being able to triple our current offeringand support so many moreyoung people with disabilities. Thankyou toeveryonewho helped us getthis far. A5yOU read this report, know that you are part of every smile and everysuccess.Togetherwecan make sure thatevery L.. young person with a disability has a place to belong. Jane & Denise Co-Founders, Unique Kidz & Co. (hr Yision "Irs a place of happiness, love and hope. Our vision is a world where every young person with a disability has a safe, welcoming place to go where they can shine. We believe every young person deserves the chance to play. to make friends. to dream big and to grow in an environment where they are not just accepted but celebrated for who they are.
Unique fidz & Co. Company Limited by Guarantee Trustees Annual Report (Incorporaling the Dirtttor s Report) (cattlinu2 Year ended 31 March 2025 OBJECTIVES AND ACTMTIES Our objective 15 to advance the social and play opportunities forchildren and young people with additional needs and disabilities and to include their siblings. We are a trusted service for families in the local area for disabled children, young adults and their families. Thisyear, we have continued with our core Services". Afterschool club for children with disabilities aged 5-19 including transport from local specialist schools and colleges Holiday and weekend club for children with disabilities aged 5-19 4Ever Unique, our daytime support service for young adults with disabilities aged 18-30 Stay and play sessions for children under 5 and their parent5 A siblings group for children over 8 who have a sibling with a disability A toy library offering local families, schools, nurseries and community groups access to specialist toys and equipment Through these services we have provided public benefit by: Providing young people with disabilities high-quality care and support tailored to their individual needs including OFSTED registered childcare for children with disabilities under the ageot19 Increasing the opportunities for young people with di5abilitie5 to socialise, play and be themselves whilst increasing their conf idence and independence Allowing parents and carers ofyoung people with disabilities to return to work or have a break from their carin8 roles in turn reducing f amilies living in poverty and deprivation and improving mental health and quality of life for the whole family Providing transport for young people with disabilitie5 311owing them to access our service and the local community Raising awareness in the local and widercommunityof howto be a truly inclusive setting and workplace Helping other organisations supportthe local community through the use of our space Providing employment opportunities alongside student/work placements forthose interested in working in the childcare or social care sector Providing worthwhile volunteering opportunitie5
Unique dZ & Co. Company Limited by Guarantee Trustees Annual Report (Incorporatin9 the Thrector s Report) (<¢wl Year ended 314¥arch 2025 Charge5 to Access Services Although the cost of providing care for children and adults with additional needs can be significantly higher than those of 2 mainstream childcare provider, we feel that it is important to keep our charges in line with mainstream afterschool and holiday clubs in our area. We work hard to subsidise the cost of the care to keep the charges to parents/carers at this rate. Our fees for parents and carers remained the same as the previousyear: Afterschool Club £10.00 per session from 3pm- 6pm HolidayClub/Weekend Club £26.00 persession from 10am- 4pm The cost of our services to parents are Subsided through grants, donations and our own fundraising activities. The price structurefor4Ever Unique was: 3 hours: £36 6 hours: £72 9 hours: £108 We have Service Level Agreements in place with Lancashire County Council Social Care Team to deliver carefor several young people. These places, alongwith those funded by Continuing Health Care, are not subsidised but charged at the full rate. We are an approved providerfor BreakTime fundingwhere we deliver a range of activities for children and young peoplewith special educational needs and/or disabilities who meet the criteria to attend and who do not receive short break5 following a social care assessmentof need. Each young person can access up to 78 hours of Break Time activities each yearwhich can be used at Break Time provider5. We provide 6 spaces per day in Holiday Club and 3 spaces perweekend Clubfor children than have Break Time hours to use.There is a minimum contribution from parents and carers of £3 per hour. We also currently have 22 children attending our Kidz Clubthrough Break Time Pluswhich isfor young people who receive short breaks following a Child and Family Assessment of need which means they are not eligible foractivities funded through Break Time. Break Time Plus is an enhanced level of supportfor young people with more complex needs who require more than the standard BreakTime offer. Of the 22 childrenwe have attending usingthisfunding, 7 use it at our Afterschool Club, 19 use it at our Holiday Club and 8 use it at ourweekend Club5. Siblings Group and Stay and Play are both free services and werefunded by BBC Children in Need up until January 2025. Goingforward wewill look to secure otherfunding to ensure these groups can continue. BBC Children in Need also funded the salaryof 2 of our Playworkers in Kidzclub up until January 2025. Without this fundingwe are awarethat we may need to review costs and secure othergrantfundingto 5upportthe running of Kidz Club overthe next 12 months.
Unique fidz & Co. Company Limited by Guarantee Trustees. Annual Report (Incorporating the Llrector s Report) (c1/Red) Year ended 31 March 2025 To support families financially we: Signpost to a numberof other local organisations offering relevant support Are registered with Ofsted allowing those who are eligible to useworking FamilyTax Credits to payforsome of theirchildcare costs Are registered to take a variety of Childcare Voucher5 Work with familie5 to Set up payment plans to allow them to pay smaller, regular amounts on a rolling basis Have a Fee Waiver policy in place for families who are identified 35 requiringf inancial assistance ACHIEVEMENTS & PERWANCE It has been a busy 12 months at Unique Kidz & Co with lots of highlights we could mention. We were particularly honoured to receive a visitfrom the Lord Lieutenant of Lanca5hire,Amanda Parkerwho said: "I've neverseen anything like Unique Kidz & Co before. The two ladies who Set that up are phenomenal. What two mums can achieve when they reallyset their minds to it, just blows the mind." Itwas a privilege to showthe Lord Lieutenant around Unique Kidzand spend time talkingto heraboutour founders, story and future
Unique fidz & Co. Company Limited by Guarantee Trustees Annual Report (Incarporating the Director s Report) (11) Year ended 31 March 2025 Development Update In July 2024, after 3 years of hard work, we received the fantastic newsthatour planning application had been approved and ever since then we have been working hard behind the scenes on preparingfor our biggestchallenge to date.we have strengthened our internal structure, updated groundwork plans to meet planning requirements and put time and effort into planning and preparingto launch our biggest fundraisingask yet.we are now at the point to move forward as quicklyas possible with the project with it being our top priorityfor the next 12-24 months. Fundraising Ourfundraisingteam has seen massivegrowth this year including hiringa new memberof theteam to focuson community and events fundraising. With this newteam member,we have been able to strengthen ourfundraisingoffer and have seen successfocusingon corporate support. This financial year saw the return of our Charity Ball which was our most successful to date raising over £15,000. We a150 had record amounts raised at our Christmas Fair and introduced new events to our calendar. We hosted a Chamber of Commerce networking breakfast and focused on developing relationships in the local community to increase support levels. Goingforward. we expect the income from fundraising to continue to increase and will monitor levels to ensure we are expanding the team before it reaches maximum capacity. We will also look to work with a Bid Writer to ensure we are continually workingon the large development project. Premises Our building is fast reaching its capacity and to help with that this year we extended the planning permission for our outdoor cabin in 4Ever Unique which provide5 additional space for sessions such as our YoungAdult Council and Sensory Stories. It also provides much needed meetingspace when needed. We also merged the two offices to create one large office and one separate staff room. This has given the team space aw3yfrom the office fortheir breaks, created a more productive team work environment for our office staff and again created an option for staff to use when speakingwith families in private. We have also created a set areaforthe team to sign in/out and administer and witness medication which was a priority from previous years. This new space gives staff the correct level of privacy and quiet to be able to administer medication to young people correctly.
Unique fidz & Co. Company Limited by Guarantee Trustees, Annual Report (Incorporating the Direclor s Report) I1Ad} Year ended 31 March 2025 Looking ahead to 2025/26 With the exciting updates this year around our development plans, it is clear that our priority as a charity now has to be bringing the plans to life. This will require investment into both the management and fundraising team to support the additional workload. We will look to work with an external bid writer in orderto maximise our grant applications and to ensurethat the development project is constantly being worked on. Wewill also look to complete the restructure of the management team toensure clarity for decision making alongwith growingthe Board of Trustees. In line with the growthwe are expectingto happen alongside the development, we will lookto invest into newdigital infrastructure to highlightwho we are and what we do. This will be in theform of a new website thatwill showcase Unique Kidzand Co. Towards the end of this financial year, it has become apparent that there may be some fundinggaps within our services and it will be 3 priority to focus on identifying these gaps and opportunities to fill them. We will also look to relaunch ourToy Library, one of ourfree to use services, in order to maximise reach and ensure it is reachingthose who need it. Following the growth and success of the fundraisingteam in the last 12 months,we will further strengthen ourfundraising offeringwith a clearfocus on increasing corporate support and events. We will continually look to improve our marketing so that we are reachingthose who need us and encouraging supportfrom those lookingto fundraise for us,which is an area we are keen to grow. . Is a Ilfdlm Our goal and priorityas a board of trustees now is to deliver on the development project to enable us to triple the number of youngpeople with disabilities we can support and we aim to do this whilst continuing to provide high quality, specialised services that enhance the lives of theyoung peoplewe support.
Unique fidz & Co. Company Limited by Guarantee Trustees, Annual Report (Incorparating the Director's Rert) (canlinued) Year ended 31 March 2025 STRUCTURE, GOVERNANCE ANDMANAGEMEwr 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 to contribute an amount not exceeding £10. Unique Kidz& Co. isalso constituted asa charitable trust registered with thecharity Commission on 16th September 2009. Trustees and Officers The Directors of the charitable company (The Charity) are it5Trusteesforthe purpose of Charity Law. The Trustees and officers serving during the yearare: Mrsj Halpin Mrs R D Armer Ms T Elkington Mr D Knowles Mr D C Walker Chair Secretary Treasurer Recruitment and Appointment of Trustees As set out in the Articles of Association Trustees can be appointed in one of two ways- appointment by the board (to fill a vacancy or as an additional Trustee) to hold office until the next Annual General Meeting, or. elected bythe Trustees attheAGM. The minimum number of Trustees 15 three and is notsubjectto any maximum. No business can be transacted at any General Meeting unless a quorum of threeTrustees are present. The Board of Trustees is responsibleforthe managementof thecharityand the safeguardingof its assets. Trustees are recruited to the Board with a view to cultivating a mix of service representation, additional support needs.teachingand caringexpertise, professional playormanagementskills and local community connection. Induction and training of newTrustees CurrentlyTrustees are appointed byverbal approaches and discussionwith existing board members. The induction process involves prospective Trustees being supplied with a folder containing background information relatingtothe company and promotional material. If the prospective Trustees still express an interest, they will meet with a representative of the board who will discu55 in more detail the implications of becoming a Trustee and resolve any further enquiries they may have regarding the activities of the organisation and context inwhich it works.
Unique fidz & Co. Company Limited by Guarantee Trustees, Annual Report (Incorporating the Thrttlor s Report) (c¢¥nfynwd} Year ended 31 March 2025 All Trustees undertake relevant training including safeguarding l and 2 in line with their responsibilities for safeguardingyoung people. All Trustees are advised of their responsibilities with regard to making up part of the'Registered Person, for OFSTED purposes. Risk Management TheTrustees have assessed the risk5 the Charity faces and are satisfied that there 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 ofthe risks the Charity m3yf2ce The establishment of systems and procedures to mitigate those risks identified in the plan The implementation of procedures designed to minimise any potential impacton 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 meetevery 3 months and are ultimately responsible forthe strategic direction and policyof the charity. The general management of the Charity is carried out by the Senior Management Team who report back to the board at each meeting. Representatives of the board also meet with a member of the Senior ManagementTeam each month to offer support, guidance and to receive more indepth feedback.
Ilnique fidz & Co. Company Limited by Guarantee Trustees Annual Report (Incorparating the Director s Report) (<anTrnuedJ Year ended 31 March 2025 MANCIAL OVEMEW Financial Performanceand Position Total income for the year amounted to £680,916. £556.969182%1 wa5 generated by our own activities, £28,364140AI by way of voluntary income, £39,266 16°Al by way of Local Authority Service Level agreements and the balance of £56.31718%1 bywayof grants. The results for the year show a deficit of £37,618, and as at 31 March 2025 total funds carried forward were £660.994with £14,922 being restricted fLtnds. Local Authority Service Level Agreements £38,456 was received from Lancashire County Council under The Breaktime Service Level Agreements. £810was receivedfrom Lancastercitycouncil underthe HolidayActivitiesand Food Programmeservice Level Agreement. Grants Other vital grant funding was received from Children in Need1£32,9421, and smaller notable amounts from National Lottery Grant 1£13,3751, Grantscape [£5,000), Lancaster Mobility Trust {£2,5001, 3R Foundation Grant Award1£2,0001, and Arnold Clark1£5001. Reserves policy The Trustees have reviewed the development of the reserves fund in view of the main risks to the organisation. 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 646,072 Less unrestricted f ixed assets 1251,8771 Less funds designated to the Building Development Project 1150,000} Unrestricted funds notcommitted 244,195 The level of unrestricted funds not committed at 31 March 2025 represents 34°A of annual runningcosts. Although the current level of reserves 15 short of the target the strategy remains to create increased reserves through planned operatingsurpluses and a review of the activity programme. 10
Unique fidz & Co. Company Limited by Guarantee Trustees Annual Report (Incorporating the Ixrector's Report) (wlinued) Year ended 31 March 2025 SMALL COMPANY PROVISIONS This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies, exemption. The trustees, annual report was approved on.. by: . and signed on behalf of the board of trustees MrsJ Halpin Trustee 11
Unique fidz & Co. Company Limited by Guarantee Independent Examiner s Report to Ihe Trustees of Unique fidz & Co. (¢M¢inued) Year ended 31 March 2025 The Trustees, who are also directors for the purposes of company12w, are responsible for preparing the Trustees, report and the financial statements in accordance with applicable law and United Kingdom Accountingstandards (United Kingdom Generally Accepted Accounting Practice}. Companylawrequires the charityTrusteesto preparefinancial statementsforeach yearwhichgive a true and fairview 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 thesefinancial statements,the Trustees are required to: select suitable accounting policies and then apply them consistently-, observe the methods and principles in the applicable Charitie5 SORP. make judgments and accountingestimates that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the f inancial statements., prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in busines5. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006.Theyarealso responsibleforsafeguardingtheassetsof the charity and hence fortaking reasonable steps for the prevention and detection of fraud and other irregularities. I report tothe tru5tee5 on my examination of the financial statements of Unique Kidz & Co. I'the charity'l for the yearended 31 March 2025. Responsibilities and basis of report As the charity trustees of the Trustyou are responsible for the preparation of the account5 in accordance with the requirements of the Charities Act 20111'the Act'}. I report in respect of my examination of the Trustee's accounts carried out under section 145 of the 2011 Act and in carrying out myexamination I have followed all the applicable Directions given bythe Charity Commission undersection 145{5llbl of the 2011 Act. 12
Unique fidz & Co. Company Limited by e•uarantee Independent Examiner s Report to the Trustees ol Unique fidz & Co. (<4intinued) Year ended 31 March 2025 Independent examiner'sstatement Since the charity'5 gross income exceeded £250,000 your examiner must be a mernber 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 Accountants in England and Wales IICAEWI, which is one of the listed bodies. I have completed myexamination. I confirm thatno matters have come to my attention in connectionwith the examination giving me cause to believe: accounting records were not kept in respect of the charity as required by5ection 130 ofthe Act. or 2 the financial statements 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 accountsgivea'trueand f2irview' which is not a matterconsidered as part of an independent examination. 4 the financial statements have not been prepared in accordance with the methods and principles of the Statementof Recommended Practiceforaccountingand reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting standard applicable in the UK and Republic of Ireland IFRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Phillip Denni50n ACA FCCA Independent Examiner CWR Chartered Accountants 20 Mannin Way Lancaster Business Park Caton Road Lancaster LAI 3SW 13
Unique fidz & Co. Company Limited by Guarantee Statement of financial Activities (including income and ¢xpenditur¢ account) Year ended 31 March 2025 2025 Restricted funds Total funds Total funds 2024 Unrestricted funds Note Income and endowments Donations and legacies Charitable activities other trading activities Investment income Other income 17,779 513.542 74,557 5,368 2.768 10,585 56,317 28,364 569,859 74.557 5,368 2,768 83,841 543,488 42,799 6,922 2,843 Total income 614,014 66,902 680,916 679,893 Expenditure Expenditure on raising funds: Expenditure on raising funds Expenditure on charitable activities io li 66.413 582,676 1,000 68,445 67,413 651,121 52.187 538,008 Total expenditure 649,089 69.445 718.534 590.195 Net income 135,0751 12.5431 137,6181 89,698 Transfers beeen funds 116,0101 16,010 Net movement infunds (51,0851 13,467 (37,6181 89,698 ReconcilTation of funds Total funds brought forward Total funds carried forward 697.157 1,455 698,612 608,914 646.072 14,922 660,994 698,612 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 14
Unique fidz & Co. Company Limited by eAarantee Notes to the financial Statements (canlinued) Year ended 31 March 2025 2025 2024 Note Fixed assets Tangible fixed assets 17 253,424 252,924 Current assets Item5 for re531e Debtors Cash at bank and in hand 18 19 250 126,944 305,173 250 120,553 346,195 432,367 466,998 Creditors: amountsfalling duewithin one year Net current a55ets 20 24,797 21,310 407,570 445,688 Total asset5 le55 current liabilities 660,994 698,612 Net assets 660,994 698,612 Funds of the charity Restricted funds Unrestricted funds 14,922 646,072 1,455 697,157 Total charity funds 22 660,994 698,612 For the year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relatingto 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. Thedirectorsacknowledgetheirresponsibilitiesforcomplyingwiththe requirementsof theActwith respect to accounting records and the preparation of financial statements. Thesefinancialstatements have been prepared in accordancewiththe provision5 applicabletocompanies subject to the small companies, regime. The nan ial statements were approved by the board of trustees and authorised for issue on , and are signed on behalf of the board by: •_ J/c4<Y Mrs J Halpin Trustee 15
Ilnique fidz & Co. Company Limited by Guarantee Notes to Ihe financial Statements (canilnued) Year ended 31 March 2025 General information 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 off ice is Woodhill Lane, Morecambe. Lancashire, LA44NW. Statement of compliance These financial statements 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 to charities preparing their accounts in accordance with the Financial Reportingstandard applicable in the UK and Republicof Ireland (FRS 1021 (Charities SORP IFRS 102}l and the Companies Act2006. Accounting policie5 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 through income orexpenditure. The financial statements 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 Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted fund5 earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictionson their expenditure declared bythe donororthrough the terms of an appeal, and fall into one of two 5ub-cl2s5es: restricted income funds or endowment funds. Incoming resource5 All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it Is probable that the economic benef its associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: incomefromdonationsorgrants is recognised when there isevidenceof entitlementtothegift, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. 16
Unique dZ & Co. Company Limited by Guarantee oles to the Knancial Stalements (cffjtinued) Year ended 31 March 2025 3. Accounting polices Icontinuedl incomefrom donated goods is measured atthefairvalue of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the account5 when received if the value can be reliably measured. No amounts are included forthe 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 it 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 anyVAT which cannot be fully recovered, and is classified under headings of the statement of financi31 activities to which it relates: expenditure on raising funds includes the costs of all fundraising activities. events, non- charitable trading activities, 2nd the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and con51Stent ba5iS. Tangible assets Tangible assets are initially recorded at C05t, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any Subsequent accumulated depreciation and subsequent accumulated impairment losse5. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment th3t h35 previously been recognised as expenditure within the statement of financi312ctivities. A decrease in the carrying amount of an asset as 3 result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the1055 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 qualif led valuer. 17
Unique fidz & Co. Company Limited by Guarantee blotes to Ihe financial Statements Year ended 31 March 2025 3. Accouiiting polices Icoiitinuedl Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Settingand play equipment Fixtures and f ittings Motorvehicles Computer equipment 33% straight line 33% straight line 25°A reducing balance 33% straight line Impairmentof 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. Where 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 testing, when it is not possible to estimate the recoverable amount of an individual asset. an estimate is made of the recoverable amount of the cash-generati ng unit to which the asset belong5. The ca5h-generating unit is the smallest identif iable group of assets that include5theassetandgeneratescash inflowsthat13rgelyindependentofthecash inflowsfromother 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 complete and sell. C05t includes all cost5 of purchase, costs of conversion and other costs incurred in bringingthe stock to its present location and condition. Government Grants Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply with the condition5 attachingto them and the grants will be received. Where thegrant does not impose specified future performance-related conditions on the recipient, it 15 recognised in income when the grant proceed5 are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteri3, they are recognised as a liability. 18
Ilnique fidz & Co. Company Limited by Guarantee oles to the nanCIal Statements (awTrnuedl Year ended 31 March 2025 3. Accounting polices Icontinuedl Financial instruments A financial asset or a f inancial 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 to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment 15 subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investment5 are Subsequently measured at cost less impairment. other financial instruments. including derivatives, are initially recognised at fair value, unless paymentfor an asset is deferred beyond normal business terms orfinanced at a rate of interestthat is not a market rate, in which case the asset is measured at the presentvalue ofthe future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of f inancial activities, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment Ioss is recognised under the appropriate heading in the statement of f inancial activities in which the initial gain was recognised. For 311 equity instruments regardless of signif icance, and other financi31 assets that are individually significant. these are assessed individually for impairment. other f inancial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately. to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds whatthe carrying amountwould have been had the impairment not previously been recognised. Defined contribution plans Contributions to defined contribution 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 When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employee5 render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recogni5ed 35 an expense in the period in which it arise 19
Unique fidz & Co. Company Limited by Guarantee Notes to the financial Statements (canilnu4dJ Year ended 31 March 2025 Limited by guarantee Every trustee of the charity undertakes to contribute such an amount as may be required (not exceeding £IO} to the charity's assets if it should be wound up while he or she is a trustee, or within oneyear after he or she ceases to be atrustee. Donations and legacies Unrestricted Funds Restricted Total Funds Fund5 2025 Donations Donations Donated goods and services 17,779 17,779 10.585 10,585 17,779 10,585 28,364 Unrestricted Funds Restricted Total Funds Funds 2024 Donations Donatiorss Donated goods and services 70,008 70,008 13,833 13,833 70,008 13,833 83,841 Charitable activities Unrestricted Funds Restricted Total Funds Funds 2025 Grants Holiday Club fees After School Clubfees 4Ever Unique fees LCC Breaktime & HAFfunding 56.317 56,317 47,731 44,622 381,923 39,266 47,731 44,622 381,923 39,266 513,542 56,317 569,859 Unrestricted Funds Restricted Total Funds Funds 2024 Grants Holiday Clubfees After School Clubfees 4Ever Unique fees LCC Breaktime 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 fidz & Co. Company Limited by Guarantee Notes to the Knancial Statements lcanhnuedl Year ended 31 March 2025 Other trading activities Unrestr4Cted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Fundraising events 74,557 74,557 42,799 42,799 Investment income Unrestricted Total Fund5 Unrestricted Total Funds Funds 2025 Funds 2024 Bank interest 5,368 5,368 6,922 6,922 Other income Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Saleof items 2,768 2,768 2,843 2,843 10. Expenditure on raisingfunds Unrestricted Funds Restricted Total Funds Funds 2025 Fundrai5ingstaff costs Other fundraising costs 39,605 26,808 39,605 27,808 1,000 66,413 1,000 67,413 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 fidz & Co. Company Limited by Guarante¢ Notes to the Financial Statements Ccantlnud) Year ended 31 March 2025 11. Expenditure on charitable activities by fund type Unrestricted Funds Restricted Total Funds Fund5 2025 Staff costs Play and activities costs Vehicle costs other direct C05tS Depreciation Support costs 320,325 21,161 10,230 16,224 20,455 194,281 46,742 6,542 5,454 1,023 367,067 27,703 15,684 17,247 20,455 202,965 8,684 582,676 68,445 651,121 Unrestricted Funds Restricted Total Funds Fund5 2024 Staff cost5 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 12. Analysis of support costs Total 2025 Total 2024 Staff costs Premises Communications and IT General office Finance costs Governance costs Legal and professional fees Depreciation Other support costs 93.490 57,227 13,954 11.425 144 1,790 4,459 4,344 16,132 55.913 66,674 10,974 2.518 122 1,397 8,166 6,165 8,468 202,965 160,397 13. Net income Net income is stated afterCharginlcreditingl. 2025 2024 Depreciation of tangible fixed assets 24,799 31,035 22
Unique fidz & Co. Company Limited by Guarantee Ilotes to the financial Statements I<) Year ended 31 March 2025 14. Independent examination fees 2025 2024 Fees payable to the independent examinerfor: Independent examination of the financial statements Other financial services 500 720 500 720 1.220 1,220 15. Staff costs The total staff costs and employee benefits forthe reportingperiod are analysed as follows: 2025 2024 Wage5 and salaries Social security costs Employer contributions to pension plan5 462,828 24,230 13,105 367,046 17,413 11,023 500.163 395,482 The average head count of employees during the year was12024.. 351. The average number of full- time equivalent employee5 duringthe year is analysed as follows: 2025 2024 Fundraising activities Direct charitable work Administration and support 30 30 37 35 No employee received employee benefits of more than £60,000 duringthe year12024- Nill. 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 £12,55812024: £9,942>. 16. Trustee remuneration and expenses No remuneration or other benefits from employment with the charity or a related entity were received by the Trustees other than Mrs J Halpin and Mrs R D Armer, who are key management personnel ofthe charity. Remuneration of key management personnel is detailed in note 16. Con5entfor remunerationof theaboveTrusteeswasobtainedfromthe Charitycommission on 24th February 2010. Travel costs were also reimbursed to the above Trustees in relation to their position as employees ofthe Charity 23
Unique fidz & Co. Company Limited by Guarantee blotes to the nanCIal Statements (cU<d} Year ended 31 March 2025 17. Tangiblefixed assets Setting and Freehold play Fixtures and property equipment fittings Motor Computer vehicles Equipment Total Cost At l Apr 2024 Additions Disposals 209,283 82.625 5,214 14,279) 34,185 5,246 1339) 66,157 2,526 115.3921 34,574 12,749 11,9901 426,824 25,735 122,0001 At 31 Mar2025 209,283 83,560 39.092 53.291 45,333 430,559 Depreciation At l Apr2024 Charge forthe year Disposals 79,769 31,581 29.517 33.033 173.900 4,344 14,2781 3,873 12,712 11131 115,1841 3,870 24,799 11,9891 121,5641 At 31 Mar 2025 79,835 35,341 27,045 34,914 177,135 Carryingamount At 31 Mar 2025 209.283 3,725 3.751 26,246 10.419 253,424 At 31 Mar 2024 209,283 2,856 2.604 36,640 1.541 252.924 18. Stocks 2025 2024 Items for resale 250 250 19. Debtors 2025 2024 Trade debtor5 Prepayments and accrued income Other debtors 61,416 65,322 206 73,998 45,852 703 126,944 120,553 20. Creditor5: amounts falling due within oneyear 2025 2024 Trade creditor5 Accruals and deferred income Social security and othertaxes othercreditors 11,311 3,787 6,346 3,353 13,385 2,146 2,733 3,046 24,797 21,310 24
Unique fidz & Co. Company Limited by eJuarantee Notes to the Nnancial Statements [nInrd} Year ended 31 March 2025 21. Pensions and other post-retirement benef its Defined contribution plans The amount recognised in income or expenditure as an expense in relation to defined contribution planswas £13,105 (2024.. £11,026). 22. Analysis of charitable funds Unrestricted funds At IApril 2024 At 31 March 2025 Income Expenditure Transfers General funds Designated Funds Building Development Project 547.157 614.014 1649,0891 116,0101 496,072 150,000 150,000 697,157 614,014 (649,0891 116,010) 646,072 At l April 2023 At Tr3nsfer5 31 March 2024 Income Expenditure General funds Designated Funds Minibus Building Development Project 413,914 624,343 1479.610) 111,490) 547,157 40,000 140,0001 150,000 150,000 603,914 624,343 1519,6101 111,4901 697.157 Restricted funds 25
Unique fidz & Co. Company Limiled by Guarantee Ilotes lo the financial Slatements (Can1} Year ended 31 March 2025 At IApril 2024 At Transfers 31 March2025 Income Expenditure Donations Donated services 10,585 110.585) Revenue grant5 CIN - Main Grant Grantscape Lancaster District Mobility Trust 3R Foundation Grant Award Arnold Clark National Lottery Grant- Siblin8S Capital Grants 3R Foundation Grant Award Co-op 32,942 5,000 148,9521 15,0001 16,010 2.500 12,5001 1,141 500 11.1411 15001 13,375 13,375 859 12871 {4801 572 975 1,455 1,455 66,902 169,4451 16,010 14,922 At IApril 2023 At Transfers 31 March 2024 Income Expenditure Donations Donated services 13,833 113,8331 Revenue grants CIN- MainGrant EricWrightTrust- Library Lancaster District Mobility Trust 3R Foundation Grant Award Co-op Groundwork UK - Tesco Lancaster District WMF 35,762 147,2521 11,490 5,000 15,0001 2,500 12,5001 500 1,455 500 1,000 15001 1,455 15001 11,0001 5,000 55,550 170,585) 11,490 1,455 26
Ilnique fidz & Co. Company Limited by Guarantee otes to the nanCIal Statements l<antinwd) Yr ended 314March 2025 23. Analysis of net assets between funds Unrestricted FLtnds Restricted Total Funds Funds 2025 Tangible f ixed assets Current assets Creditors less than l year Net assets 251,877 418,992 124,797) 1,547 13,375 253,424 432,367 124,797) 646,072 14,922 660,994 Unrestricted Funds Restricted Total Funds Funds 2024 Tangible fixed assets Current assets Creditors less than l year Net assets 252,924 465.543 121,3101 252,924 466,998 121,3101 1,455 697,157 1,455 698,612 24. Related partie5 Except as outlined in note 17, no trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the period. No material donations were made byTrustees to the charity. 27