Company registration number.. 07110815 Charity registration number.. 1136071 Laira Green Trust (A company limited by guarantee) Annual Report and Flnandal Staternents for the Year Ended 31 December 2024 WESTCOTTS CHARTIAID A¢¢OLINTAPITS I •USINISS AO¥I8IR8
Lalra Green Trust Contents Reference and Administrative Details Trustee, Report 2to6 Independent Examln8Vs Report Statement of Financlal Activities Balance Sheet Notes to the Financial Statements 10t018
Laira Green Trust Reference and Administrative Detsils Chalrnian Ms C Kilpatrick Trustee Ms C Edwards Ms C Kilpatrick Mrs S Wells Secretary Charlty Registrallon Number 1136071 Company Regl8tratlon Numbér 07110815 The charity is incorporatsd in England and Wales. Laira Green Prsm8ry Bramley Road Laira Plymouth Devon PL3 6BP Matthew Keane ACCA Westcotts (SW) LLP Plym House 3 Longbridge Road Marsh Mills Plymouth Devon PL6 8LT Regl8tered Offlce Independent Examlner Page 1
Laira Green Trust Trustse. Report The tnjstee, who are directors for the purposes of company law, present the annual report together wlth the flnancial statements of the charitable company for the year ended 31 December 2024. Structure, governance and management Nature of governing document The charity is controlled by its govemlng document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Racruitmont and appointment of trusteo Trustees are recruited from th8 local community and thls 1$ achleved by local advertising. Inductlon and tralning of tmstee Upon commenclng Trustees are glven a welcome pack to follow and are 81so guld8d by axistlng trustees on various matters relating to the Trust. Organisational structurn Mrs C Kilpatrick is the Chair of the Laira Green Trust and, alongside the Board of Trustees, oversees the running of the Trust whilst the day to day running of the Pre-school 8nd Wrap8round C8re is left to the Manager Miss Natalle Landricombe who is support by a Deputy and other staff in providing the services offered by the Trust. Objectlves and actlvltles Objects and alm8 The Trust will provide a good quality setting which will provide education for Children aged 2 to 5 years of age. The setting will be safe, friendly and stimulating both in the childcare and educational sessions. We aim to provide a happy, caring and secure environment, enabling children to leam through play. The provision will enable p8rentslcArers within tha local community to take up or conlinue with employmenVeducationltr8ining in order to improve the quality of life for themselves and their children. We aim to dev81op a partnership with parents that will support their child's leaming. The Trust aims to create a deeper sense of community cohesion through a leaming and teaching curriculum, based on the Early Years Foundation Stage (EYFS), Birth to Thr88 Matters Framework and the curriculum guidance for the Foundation Stage (published by QCA and DFES www.gca.org.uk).' equity and excellence, and engagement of extended services. The Trust aims to provide staff wlth appropriate experience and qualifications and provide opportunitl8s and access to further training. We will recognlse and calebrate achievements at all levels. Public benefit Places are available to all, there are no financial or other restrictions. Code of conduct: The Trust has a code of conduct setting out its expectations arKJ requirements of Trustees,. this is set out in full in the prospectus. Vision and Ethos Greenshoots continues to ensure its vision and ethos is part of everything we do. The settjng promotes a 'homg from homè, atmosphere where the staff engage with children and parents in a Wa and friendly manner. Page 2
Lalra Green Trust Trustee, Report A totsl of 13 children left Greenshoots to start school in September 2024. Of this 11 started at Laira Green Primary School. We began the Autumn tenn in 2024 with 30 children on our register, and this number has increased to 32 in the Spring Tenn 2025. At the beginning of the year the wraparound care numbers were really good. However, in September the school opened their own breakfast and afterschool club which had a big impact on our numbers. There were a few children still attending but in the December it was decided thal there was insufficient numbers to be ablg to continue running the wraparound care. We were losing a considerable amount so took the difficult decision to close the wraparound care from the 1st January 2024. In addition we decided to change our opening hours from 84 until 84. T_rip_s 8nd Events Its been a busy year at Greenshoots wlth lots of trfps and vlsltors the settlng Including.. Visits with the older children to the Theatre to see The Hungry Caterplllar and Father Christmas Whole pre-school trip to Dartmoor Zoo Pets and Picasso have visited 1c8 bringing In a range of animals for the children to hold and leam about. Gre8nshoots has had tadpoles and butterflies the children have loved learning about their life-cycle and watching them change and grow. A sm811 group of children have visited the local care home - the children enjoyed cooking with the residents. The children leaving for school had a special event at Drake's Den wherè they show cased some of their favourite songs and activities for their parentslcarers. They were also presented with 8 leavers gift. an 2024 ocal Authaorit Involvement L). The setting continues to develop effective relationships with outside agencies and implement suggested strategies to support child development. They have included.. Speech and Language Earfy Years Inclusion Team CAMHS EYAT (Early Years Advisory Teacher) Educational Psychologist Children's Centre - Bamardos Page 3
Lalra Green Trust Trustee, Report Achievements 2024 Greenshoots has achieved Ihe following: the planning process now shows the cycle of intent, implementation and impact and is cleady displayed in the setting The setting continues to work with a range of professionals and agencias to access support and funding from a variety of sources. In 2024 we continued with weekly input from Plymouth Argyle, and weekly evofve sesslons run by staff. In Autumn 2024 we appointed a member of staff into the role of Music Specialist and she has been running music sessions for the children 3 times per week. Dough Disco and Toothbrushing continue to be daily activities within the setting and children are developlng thelr fine motor skllls as a result and an understanding of good or81 health as a result. To encourage a love of raading Greenshoots has continued to send book bags home 8nd children retum theses regularly to change books. In addition, we have visits from a librari8n who share stories with the children and one of the Trustees also came in to read to the children. We also continue to celebrate World Book Day wlth chlldren and staff dressing up a8 their favourfte characters. Claudia, the Deputy Manager. contlnued to teach the chlldren some Romanlan songs and 18nguag8. The children joined in with some celebrats'ons including the Chinese New Year, Christmas and Easter etc. The parentslcarers have attended some Stay and Play sessions including for Mothers Day, Fathers Day 2nd at Christmas. In addition, we had a Stay and Play at the beginning of the Autumn Tem so parentslcarers could meet their child's key worker. During our People that Help Us theme we were lucky enough to have the local PCSO visit us and the children enjoyed sitting in thelr Police Car. The children and staff engaged in Health Eating week where we had lots of actlvities around eating and being healthy. The children enjoyed trying new foods. In addition, staff did Healthy Movers Trainlng. Greenshoots was chosen again by the Co-op Community Fund - the focus thls tlme is protecting nature, taffin Natalie, has contlnued as Managèr and Claudia as Deputy Manager durlng 2024. Greenshoots has seen a few changes of Staff thls year - we have sald goodbye to some staff and wèlcomed some new members to Ihe team. At the end of 2024 we had 5 Practitioners who are Key Worf(ers - Claudl8. Caroline, Joanne, Jodie and Lauren. Diane continues to help over the lunch period. Katusha continues as the Business Administrator and is also part of the bank of staff who cover where needed. Hayley started working with a child on a 1.1 basis alongside bank work. Charlotte has continue(l as a Bank Practitioner. David is undertaking the cleaning role. In January 2025, we have said goodbye to Claudia and David. Joanne has been appolnted as Deputy Manager and Diane is doing the cleaning again. Page 4
Lalra Green Trust Trustee, Report Staff Trainin Greenshoots ensures that staff are always d8veloping their knowledge and skills by engaging in various training courses. In addition, we ensure staff are up to date with Safeguarding, Prevent and First Aid training. Staff have completed Healthy Movers Training. ic cedures The Trustees and Managers review all Policies and Procedures, in line with the requirement to conduct an annual review. Staff will read key policles and procedures during induction as well as where the are new or changes to policies and procedures as needed. Parentslcarers can access the Pollcies and Procgdures by vlewlng the file in the reception area of the pre-school. T8 rovement p an 20241202_5_ Developing new toothbrushing scheme Includlng promotlng healthy teeth to parent81 carers via a display board Developing link8 Wlthln the local community including trips to tha local Ilbrary, local care home and the Theatre. Activitieslresources to support children's 188rning around prot8Cting nature hatching duck eggs and trips. to include Finally, Greenshoots conlinu8S to ensure the child is at the centre of all we do. The setting works within the new Early Years Foundation Stage Curriculum and follows the Ofsted Framework. rus There has been 8 change to th& Board of Trustees this year. Th8 following list is the current members.. Claire Kilpatrick, - 8ppolnted 1 Oth January 2019 - appointed as Chalr at the AGM on 28th April 2022 Selin8 Wells - appointed 14th March 20221eft July 2024 Cr8ig Edwards - appointed 7th May 2022 Sharon Mercer - appointed 3rd Nov8mber 2022 left on 1 st May 2023 A replacement for the Hon. Treasurer is Still being sought. In the meantime, the Business Administrator (Katusha Edwards) is undertaking the necessary Account work includlng reports to each Trustee meets'ng. The figures quoted are subject to Independent Examination and may change as a result of recommendations made. Page 5
Lalra Green Trust Trustee, Report Financial revlew For the year ended 31 December 2024 the Trust has an in year deficit of £8496 which compares to the previous year where there was an in year deficit of around £7. Lookn'ng at the main changes in certain items over the year., {a)PCC ternily fundlng - this h8s gone from Just under £112k for year ending 31 December 2023 to just under £139k for the year ending 31 December 2024, an Increase of of approx. £27k. This increase is partially due to changes in numbers attending and the hours that they do including those who are eligible for the working parents entitlement funding. In addition, there has beon an increase in indusion funding applled for and Disability Access Funds. (b}Fee8, InGludlng Incom• from meals - thls has decreased significantly by just over £15k In 2024 compared to 2023. This is malnly due to an the Wraparound Care no longer wnning from January 2024. In addrtion, less parentslcarers of 2 year olds paying as now entitled to the working parent ents"tlement instead. {c)Other Income this figure h88 increased slgnificaniiy Sargely due to a £2400 rafund from Accountants due to 8n overpayment error. {d)Salarfes and Wages and Soclal SecurltylPenslons - 8s well as the gross pay of staff, this also includes the Employerfs Natlonal Insurance (NIC) and NESTIPension contributions, as well as employing Agency staff. Wages in 2024 have seen a small decrease even though there was 8 9.8 % pay increase from 01104124. The wages figure will increaseldecrease in line with numbers and ages of children. (e)FoodlMeals - this figure has increased slightly in 2024 from the wevious year. Foodlmeals again changes based on numbers of children attending. (fj Playilme Con8umable8 - this has almost halved slnce 2023 partially due to the amount spent in 2023 was Slgnificantly higher and therefore the need to purchase a8 many resources in 2024 w88 not thare. (g)Sundry costs - this has increased significantly in 2024 however this is due to the inclusion of £10,000 whlch was transferred to the business reserves account. (h)Co•OP funds expendlture - is against the funds due to be received from the cOp Community Fund in 2025. However as the project started in October 2024 this expenditure relates to a pre-booking for 2025. li) Accounts - this has increased by almost double thls year. The monthly amount paid has increase from £84 to £200 per month. ') Servlce Charge - the quarterly charged was Increased from April 224 from £1134 to £1775 by: Ms C Kilpatrick Chairnian and trustee Page 6
Laira Green Trust Independent Examlner's Report to the trusteas of Lalra Green Trust ('the Company.) I report to the charity trustee on my examination of the accounts of the Company for the year ended 31 Decernber 2024. Responslbllltle6 and basls of report As the charity's trustee of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.). Havlng satlsfied myself that the accounts of the Comp8ny are not required to be audited under Part 16 of the 2006 Act and ar8 81igible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 {'the 2011 Act,). In Carng out my ex8minatlon I have followed the Directions given by the Charity Commi88ion under section 145(5)(b) of the 2011 Act. Independent examIne8 statement I have completed my examinatlon. I confirm that no matter8 have come to my attention in connection with the examination giving me cause to believe: accounting records were not kept in respect of Lalra Green Trust as required by section 386 of the 2006 Act,, or 2. the accounts do not accord with those records: or 3. the accounts do not Comply with the accounts'ng requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination; or 4. the accounts have not been prep8r8d in accord8nc8 Wlth the mathods and principles of the statement of Recommended Practice for accounting and reporting by charities lapplicable to charities preparing their accounts in accordance with the Financlal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concems and have come acro88 no other matters in connectlon wlth the examlnatlon to which attention should be drawn In thls report In order to enable a proper understanding of the accounts to be re8ched. Matthew Keane ACCA Westcotts ISW) LLP Plym House 3 Longbridge Road Marsh Mills Plymouth Devon PL6 8LT Date.. Page 7
Laira Green Trust statement of Flnancial Actlvltles for the Year Ended 31 December 2024 (Includlng Income and Expendlture Account and Statement of Totsl Recognlsed Gains and Losses) Unrnstrlcted funds Restrlcted funds Total 2024 Total 2023 Note Income and Endowments from: Charitable activities Investment income 142,903 424 142,903 424 152,025 241 Total income 143,327 143,327 152,266 Expendlturn on.. Charitable a¢VItIeS 150,196 196 150,392 151.786 Total expenditure Net {expenditure)lincome Net movement in funds 150,196 196 150,392 151,786 6,869 7,065 (6,869) (193) (7,065) Reconclllallon of funds Total funds brought fopward Total funds carried forw8rd 14 104,371 97,502 1.394 105 765 105,285 1,198 98,700 105,765 All of the charity's actlvitles derive from contlnuing operations during the above tsvo periods. The funds breakdown for 2023 is shown in note 14. The notes on pages 10 to 18 fomi an integral part of these financial statements. Page 8
Laira Green Trust (Reglstratlon number: 07110815) Balance Sheet as at 31 December 2024 2024 2023 Note Flxed assets Tangible assets 2,946 3,682 Current assets Stocks Debtors Cash at bank and in hand 10 11 12 227 1,800 126,798 231 1,214 125,260 128,825 126,705 Credltors: Amounts falllng due wlthln one year 13 33,071 24,622 Net current a88ets 95,754 102,083 105,765 Net assets 98,700 Fund8 of the eharlty: Restrlcted Income fund8 Restricted funds 1,198 1.394 Unre8trlcted Income funds Unrestricted funds 97.502 98,700 104,371 105,785 Total funds 14 For the flnanclal year endlng 31 December 2024 the charlty was entitled to gxemption from audit under section 477 of the Companies Act 2006 relating to small companles. Directors, responslbllltles.. The members have not requlred the charity to Obtain an audit of its accounts for the year In question in accordance with section 476., and The directors acknowledge their responsibilities for complwng with the requirements of the Act with respect to accounting records and the preparation of accounts. The financial statements on pages 8 to 18 were approved by the trustee, and authorised for issue on and signed on their behalf by.. Ms C Kilpatrick Chairman and trustea The notes on pages 10 to 18 form an integral part of these finandal ststements. Page 9
Laira Green Trust Notes to the Financial Ststements forthe Year Ended 31 December 2024 1 Charlty 8tatU8 The charity is limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the trustee is liable to contribute an amount not exceeding £10 towards the assets of the charity in the event of liquidation. The address of its registered office is.. Laira Green Primary Bramley Road Laira Plymouth Devon PL3 6BP 2 Accountlng pollcles Summary of slgnlflcant accountlng pollcles and key accountlng e8tlmates The princip81 accounting policies applied in the preparation of these financial statements are set out below. The6e policies have been consistently applied to all the years presented, unless oth8rwSs8 Stated. Statement of compllance The flnancial statements have been prepared in accordance wlth Accounting and Reporting by Chadties., Statement of Recommended Practice (applicable to charitles preparlng thelr accounts In accordance with the Flnancial Reporting Standard 8pplicable In the UK and Republlc of Ireland (FRS 102)) (Issued In October 20191- (Charities SORP (FRS 102)), the Financial Reportlng Standard appllcable in the UK and Republic of Ireland (FRS 102) and the Companies Act 20Ce. Basls of preparatlon Lalra Green Trust meets th& definltlon of a publlc beneflt entlty under FRS 102. Assets and Ilabllllles are initially recognised at historical cost or transactlon value unless Otherwise stated in the relevant accounting policy notes. Golng concern No changes to the financial statements have been applied to the att8ched figurgs and they have therefore been prepared on 8 going concern basis for the current period. However, the main school have taken ov8r the operations of the preschool at the end of the 2024-25 academic year, the charity will Ihere be ceasing at this date. They will produce one further set of accounts to cessation in July 2025 at which time all adjustrnents to the carrying values will be assessed and accounted for in accord8nce with the break up basis of accounting. Income and endowments All incoming resources are included in the statement of financial 8Ctivities when entitlement has passed to the charity,. it is probable that the economic benefits 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.. P8ge 10
Laira Green Trust Notes to the Flnanclal Ststements for the Year Ended 31 December 2024 Donatlons and lega¢les Income from donations or grants is recognised when there is evidence of entltlement to the gift, receipt is probable and its amount can be rneasured reliably. Legacy income is reco9nised when receipt is probable and entltlement is established. Deferred income Deferred income represents amounts receivèd for futur8 periods and Is releasad to incoming resources in the pariod for which, It has been recelved. Such income 18 only d8ferred when.. The donor specifies that the grant or donation must only be used in future accounting perSods,' or The donor has irnPDsed conditions which must be met before the charity has uncondition8 entitloment, Donated swvl¢es and facllltles Income from donated goods Is measured at the fair value of the goods unless this is impractlcal to measure reliably, in which case the value is derived from the cost to the donor or the estlmated resale valu8. Donal8d facilities and services are recognised in the accounts when recelved if the value can be rellably measured. No amounts are included for the contribution of general volunteers. Other Income Income from contracts for the supply of seNic8s is recognised with the delivery of the contracted service. This is classlfied as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and retumed if unspent, In which case it may be regarded as restricted. Expendlture All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it Is prob8bl8 s8ttlem8nt is required and the amount can be measur8d raliably. All costs are alloc8t8d to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the assefs use. Other support costs are allocated based on the spread of staff costs, Charltable actlvftles Charitable exp8nditure comprtsas those costs incurred by the charity in the delivery of its activities 8nd servlces for its beneficlaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Support costs Support co8t5 include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Page 11
Laira Green Trust Notes to the Flnanclal Ststements forthe Year Ended 31 December 2024 Taxation The charity is considered to pass the tests set out in P8ragraph 1 Schedule 6 Df the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly. the charity is potentially exempt from taxats'on in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation T8x Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Tanglble tlxed assets Tangible as5et5 are inltially recorded at cost, and subsequently stated at cost less any accumulated depreci8tion and impaiment105ses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulat8d depreciation and subsequent accumulated impairment losses. An Increase in the carying amount of an asset as a sUIt of a revaluatlon, is recognised in other recognised galns and losses, unless it reverses a charge for impaimient that has previously been recognised as expendlture within the statement of financial activlties. A decrease in the carrying amounl of an asset as a result of revaluation, is recognlsed in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities. Depreclatlon and amortl8atlon Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows.. A88et class Equiynent Depreclatlon method and rate 200/0 reducing balance Stock Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and Gondition. Cash and cash equlvalont8 Cash and cash equivalents comprise cash on hand and CAII deposits, and other short-t8mi hlghly liquid investments that are readily convertible to a known amount of cash and arg subject to an insignffi'cant risk of changg in valu?, Fund structure Unrestricted income funds are general funds that a available for use at the trustee discretion in furtherance of the objectives of the charity. Restricted income funds are those don8ted for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. Designated funds are subjected to restrictions on their expenditure declared by the donor or through the temis of an appeal, and fall into one of two sub-dasses: restricted income funds or endowment funds. Page 12
Laira Green Trust Notes to the Financial Statements for the Year Ended 31 December2024 Penslons and other post retlrement obligations Contributions to defined contribution plans ar8 recognised as 8n expense in the period in which the related seprfice is provided. Prepaid contributions are recognised as an asset to the extent that the prèp8yment will lead to a reduction in future payments or 8 cash refund. When contributions are not expected to be settled whdly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basls. The unwindlng of the discount is recognised 88 an expense In the period in which it arises. Flnanclal Instrument8 Recognltlon and measurnmant A financial asset or financial Ilabillty Is recognised only Wtrn the entity becomes a party to the contractual provisions of th8 instrument. Basic financial instruments are Initlally recognlsed at the amount recelvable or payable including any related transaction costs. Current assets and current liabillties are subsequently measured at the cash or other conslderation expected to be pald or received and not discounted. 3 Income from charftable actlvltles Unrestrfcted ftind8 General Total 2024 PCC Temly Funding Pre School Fees Other income 129,170 13,430 303 129,170 13,430 142,903 142,903 Unrestrfcted funds General Total 2023 PCC Temily Funding Pre School Fees (Xher income 111,469 40,203 353 111,469 40,203 353 152,025 152,025 Pag8 13
Laira Green Trust Notes to the Flnanclal Statements for the Year Ended 31 December 2024 4 Investment Income Unrestrlcted funds General Total 2024 Total 2023 Bank deposit interest 424 424 241 6 Expendlture on charltable actlvlties Unrestricted funds Gongral Restrlcted fund8 Total 2024 Pre school Support Costs 145,143 5,053 150,196 145,143 5,249 150,392 Unre8trtcted funds General Restricted funds Total 2023 Pre school Support costs 146,387 5,154 146,387 245 151,541 245 151,786 Actlvlty undertaken dlrectly Actlvlty 8UPPOrt costs 2024 Staff costs Accountancy Accountancy underloverprovision Legal and professlonal fees Depreciation Premises costs Stock Administrative expenses General expenses Consumables 121,073 404 2,780 (10) 226 736 190 231 692 121,477 2,780 {10) 738 8,969 231 3,8e6 1,476 10,621 150,392 8,779 3.194 1,476 10,621 145,143 5,249 Page 14
Laira Green Trust Notes to the Flnanclal Statements for the Year Ended 31 December 2024 Activlty undertaken dlrectly Activlty support costs 2023 Staff costs Account8ncy Accountancy underloverprovision Legal and professional fees Depreciation Premises costs Stock Admlnlstratlve expenses General expenses Consumable8 123,220 123,716 2,650 (30) 319 920 7,642 2,650 (30) 319 920 82 368 594 2,5(K) 1,715 3,094 1,715 11,392 146.387 5,399 151,786 6 Trustee remuneratlon and expenses No trustee, nor any persons connected with them, have received any remuneration from the charfty during the year. No trustees have received any reimbursed expenses or any other benefits from the charity durlng the year. 7 Staff costs The aggregate payroll costs were as follow8: 2024 2023 staff costs durfng the year were: Wages and salari&s Pension costs 117,832 3,441 119,647 3,099 122,746 121,073 The monthly average number of persons {induding senior management I leadership team) amployed by the charity during the year was as follows- 2024 No 12 2023 No 12 Number of stsff No employee received emoluments of more than £60,CQO during the year. Page 15
Lalra Green Trust Notes to the Flnanclal Statements for the Year Ended 31 December 2024 8 Taxatlon The charity is a registered charity and is therefore exempt from taxation. 9 Tanglble flxed a88et8 Fumlture and equlpment Total Cost At 1 January 2024 At 31 December 2024 13,089 13.089 13,089 13,089 Depreclatlon At 1 January 2024 Charge for the year At 31 December 2024 9,407 736 9,407 736 10,143 10,143 Net book value At 31 December 2024 At 31 December 2023 3,682 10 Stock 2024 2023 Stocks 227 231 11 Debtors 2024 2023 Prepayments 1,800 1.214 12 Cash and cash equlvalents 2024 2023 Cash on hand Cash at bank 121 126,677 511 124,749 125,260 126,798 Page 16
Lalra Green Trust Notes to the Financlal Statements forthe Year Ended 31 December 2024 13 Credltor8: amounts falllng due wlthln one year 2024 Other taxats'on and social security Accruals and deferred income 2023 491 32.580 33,071 1.527 23.095 24,622 14 Fund3 Balance at I January 2024 Balance at 31 December 2024 Incomlng re8ourceB Resources expended unre8Cted funds General General Funds Restrfcted funds Restricted Funds 104,371 143,327 (150,196) 97,502 1,394 196 1,198 Total funds 105,765 143,327 150,392 98,700 Balance at Re80urce8 31 December expended 2023 Balance at 1 January 2023 Incoming re80urce8 Unrestrictsd funds General General Funds Restrlcted fund8 Restricted Funds 103,648 152,266 (151,541) 104,371 1.639 245 Total funds 105,285 152,268 151,786 105,765 The specific purposes for which the funds are to be applied are as follows.. Restricted funds include income received from a supporting grant to fund play area and computer equipment All assets are being depreaated in line with the levant accounting policies. Page 17
Laira Green Trust Notes to the Financial Statements for the Year Ended 31 December 2024 15 Analysls of net assets between funds Total funds at31 December 2024 Unrestrlcted funds General Re8trlcted funds Tangible flxed assets Current assets Current liabilities 2,160 128,825 33,071 128,825 33,071 Total net assets 97,914 786 98,700 Total funds at31 DKember 2023 Unrestrlcted funds General Restrlcted funds Tanglble fixed assets Cuent assets Current liabilits'6S 2,700 126,293 24,622 3,682 126,705 24,622 412 Total net assets 104,371 1,394 105,765 18 Related party transactlons Thara wer8 no related p8rty transactions in the year, Page 18