REGISTERED CHARITY NUMBER: 1153090 ort of the Trustees Unaudited Financial Statements for the Year Ended 31 Jul 2025 for 'bb Mae's Little An Attwoods Chartered Certified Accountants 182 Worcester Road Bromsgrove Worcestershire B617AZ
Libb Mae's Little An els Contents of the Finalleial Statements for the Year Ended 31 Jul 2025 Page Report of the Trustees Independent Examiner's Report Statement of Flnanclgl Activities Balance Sheet Notes to the Financial Statements 6 to 10 Detailed Statement of Financial Activlties
Libb Mae's Little An ¢15 ort of the Trllstees for the Year Ended 31 Jul 2025 The trustees present their report with the financial statements of the charity for the year ended 31 July 2025. The InteeS have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial ReportAng Standard applicable in the UK and Republic of Ire1[d (FRS 102) (effective l January 2019). OBJECTIVES AM) ACTIVITIES Objectives and aim5 The Charity's objectives are the provision of resources and equipment for neonatal units lo relieve the suffering and emotional distress of persons who have experienced the loss of a child. in particular, but not exclusively by supporting newly bereaved parents by the provision of memory boxes. The Tntee8 have paid due regard to guidance issued by the Charity Con)mission in deciding what activities the Charity should undertake. ACHIEVEMENTS AIYD PERFORMANCE Charitabl¢ activities Thi5 year has had its peaks and troughs. due to personal circumstances of some of our Trustees we haven* done as much direct fundraising as we had envisaged. We have contiuu¢d to see a slow recovery from the COVtD-19 pandemic. We have had slalls at various carnivals and fetes and although as we saw last year. the public have regained their confidence to attend events, they don't seem to liave as much disposable money to give to charities. Our arll]ual ball was again a huge success at which we generated fimds to help our cause. We continued to provide required resources to the Neonatal Units and improved the facilities for parents and farnilies. We supplied and delivered Mothers Day and Christsnas gifts to the units. We have continued to distribute our Memory Boxes to the Neonatal units which are given to parents who suffer a bereavemenl and these have made a huge impact to their recipients. We continue to build up good relationships Consultants and Hospital staff throughout the region and work with suppliers to negotiate dis¢ount8 for any equipment that we purchase. CoTporate support has been slow due to the fmancial position that COrnP8nie8 are in due to the CUTrent economy. FINANCIAL REVIEW Financial position The Charity is solely fimded by voluntary donations and ndraiSIng events alld only has tninimal expenses so it has not been necessary to set a fonnal reserve. Our plans for the fjjture are to keep growing the Charity so that we can support more and more families and babies on their neonatsl journey, to help raise more awareness of our cause and to continue to supply memory boxes to families who experience a neonatal death, this will in turn lead to further charitable donations. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. STRUCTURE, GOVERNANCE AND MANAGEMENT Gov¢rning documcnt The charity is controlled by its governing document, a deed of ttust and constitutes an unincorporated Charity. Risk mallagement The tsvstees have a thity to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1153090 Page I
Libb Mae's Little An e15 Re ort of the Trustees for the Year Ended 31 Jul 202) Principal address 12 Ash Drive Catshill Bromsgrove Worcestershire B61 OLF Trustees Ms C Sharratt ChaiT R Sharratt Trustee S Ravenscroft Trustee Ms S Bird Trustee M Bber TNstee Independent Exarniner Ben Newbury FCCA Attwoods Chartered Certified Accountants 182 Worcester Road Broillsgrove Wor¢est¢rshire B617AZ Approved by order of the board of trustees on ........... and signed on its behalf by.. Ms C s]all - Trustee Page 2
Inde endent Examiner's Re ort to the Tte¢S of Libb Mae's Little A els Independent examiner's report to the trustees of Libby Mae's Little Angels I report to the charity trustees on my examination of the CoUntS of Libby Mae's Little Angels (the Trust) for the year ended 31 July 2025. Responsibilities and basis of report As the charity trustees of the Tntst you are responsil)le for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {'the Act,). I report in respect of my examination ofthe Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Corntnission under Section 145(5)Ib) of the Act. Independent examiner's statement I have coznpleted my examination. I conf]rni that no material matters have come to IDY attention in connection with the ¢xarnination giving me cause to believe that in any material respect: accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or the accounts do not accord with those r¢cords- or the accounts do not Comply with the appliLable r¢quirements concerning the forni and content of coUnts set out in the Charities (Accounts and Reports) Regulalions 2008 otber than any requirement that the accounts give a te and fair view which 18 not a matter considered as part of an independent examination. I have no concerns and have corne across no other n)atters in connection with the examination to which attention sbould be drawn in this report in order to enable a proper understanding of the accounts to be r¢a¢hed. Ben Newbury FCCA Attwoods CFiartcred Certified Accountants 182 Worcester Road Bromsgrove Worcestershire B617AZ Date". Page 3
Libb Mae's Little An Statement of Financial Activities for the Year Ended 31 Jul 2025 31.7.25 Unrestricted fund 31.7.24 Total fidS Notes INCOME AND ENDOWMENTS FROM Donations and legacies 51,034 72.502 EXPELYDITURE ON Raising funds 67,609 81,860 NET INcofViEI(EXPENDuRE) (16,575) (9,358) RECONCILIATION OF FUNDS Total fid9 brought forward 34,303 43,661 TOTAL FUNDS CARRIED FORWARD 17,728 34.303 The notes fonn part of these fmanciaj statements Page 4
Libb Mae's Little An els Balance Sheet 31 Jul 2025 31.7.25 Unr¢stricted fund 31.7.24 Total fi]n(Ls Notes FIXED ASSETS TandtFbIe assets Investtnents 3?58 9,400 4,096 14.400 12,7S8 18,496 CURRENT ASSETS Debtors Cash at bank 56 5,280 53 16.432 5,336 16,485 CREDrroRS Amounts falling due within one year (366) (678) NET CURRENT ASSETS 4,970 15.807 TOTAL ASSFTS LESS CURRE LiABIufIES 17,728 34,303 ET ASSETS 17,728 34,303 FUIYDS Unrestricted fLU]ds 17,728 34,303 TOTAL FUNDS 17,728 34,303 The fin nci statements were approved by the Board of Trustees and authorised for issue and were signed on its behalf by.. on C Sharratt- Trustee The notes form part of these fcial statements Page 5
Libb Mae's Little An els Notes to the Financial Statcmellts for the Year Ended 31 Julv 2025 AcCOuNTG POLICIES Basis of preparing tbe finallcial st2tements The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'A¢counting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Irelalld IFRS 102) (effective l January 2019),, Financial Reportino Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statement5 bave been prepared under the historical cost convention, with the exception of investments which are included at rn(¢t value. Income All income is recognised in the Statement of Financial Activities once the charity has entidement to the funds, it is probable that the in¢ome will be received and the amount call be measured reliably. Expenditure Liabilities are reco]sed as expenditure as soon as there is a legal OT constructive obligation committing the charity to that expenditure, it is probable that a transfer of pKonomic benefits will be required irA settlement and the amount of the obligation can be measured reliably. Expend1tLe is accounted for on an accruals basis and has been Classified under headings that aggregate all cost related to the calegory. Where costs cannot be directly attributed to particular heading5 they have been allocated io activities on a basis consistent with the use of resource5, Tgjigible fixed assets Depreciation is provided at th¢ followiug annual rates in order to write off each asset over it5 estimated useful life. Fixtures Ed fittings Motor vehicles 200/0 on cost 250/0 on reducing balance TaxatAoD The charity is exempt from tax on its clwitable activities. Fund aeeounting Unrestricted ndS can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specifIed by the donor or when fijnds are raised for particular re5trirted purposes. Further explanation of the nature and purpose of each fid is included in the notes to the fllwicial statements. Hire purchase Alld le84iDg commitments Rentals paid under operdting leases are charged to the Statement of Financial Activitie5 on a straigbt line basis over the period of the lease. Page 6 continued...
Libb Mae's Little An Notes to the Financial Statements- continued for the Year Ended 31 Jul 2025 TRUSTEES, REMUNERATION AJYD BENEFfTS There were no trnstees, reMeratIon or other benefits for the year ended 31 July 2025 nor for the year ended 31 July 2024. Trustees, expenses There were no trustees, expenses paid for the year ended 31 July 2025 nor for the year ended 31 July 2024. COMPARATIVES FOR THE STATEMENT OF FINANcL AcrtVlTIES Unrestricted fund INCOME AND EDIDOWMENTS FROM Donations and legacies 72,502 EXPEIYDITURE ON Raising funds 81,860 NET INCOMEI(EXPENDITURE) (9,358) RECONCILIATION OF FUNDS Total fid5 brought forward 43,661 TOTAL FUNDS CAIiRIED FORWAIiD 34,303 TANGIBLE FIXED ASSETS FiXtte8 Motor vehicles Computer equipment fittings Totals COST At l August 2024 Additions 2,612 9,710 12,322 429 429 Al 31 July 2025 2,612 9.710 429 12,751 DEPRECIATION At l August 2024 Charge for year 2,612 5,614 1,024 8,226 1,167 143 At 31 July 2025 2,612 6,638 143 9J93 IYET BOOK VALUE At 31 July 2025 3,072 286 3,358 AÉ 31 July 2024 4,096 4,096 Page 7 continued...
Libb Mae's Little An els Notes to the Financial Statements - Colltinued or the Year Ended 31 Jul 2025 FIXED ASSET INVESTMENTS Listed invesLments MARKET VALUE At l August 2024 Disposals 14,400 (5,000) At 31 Juty 2025 9,400 ET BOOK VALUE At 31 July 2025 9,400 Al 31 July 2024 14,400 There were no inv¢stJnent assets outside the UK. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.7,25 31.7.24 Prepayments 56 53 CREDITORS: AMOUNTS FALLING DUE WITHIN 0£ YEAR 31.7.25 31,7.24 Trade creditors Other creditors 330 348 366 366 678 MOVEMENT IN FUNDS Net movement in funds At 31.7.25 At 1.8.24 Unrestricted funds General fund 34,303 (16,57£} 17,728 TOTAL FUNDS 34J03 (16,575) 17,728 Net rnovernent in funds, included in the above are as follows: Jncorning resources Resources expended Movement in funds Unrestricted funds General fund 51,034 (67,609) (16,575) TOTAL FUNDS 51,034 (67,609) (16,575) Page 8 continued...
Libb Mae's Little An els Notes to the Financial Statements - eontinued for the Year Ended 31 Jul 2025 MOVEMENT IN FUNDS - eontinued Comparatives for movement in funds Net movement ill fimds At 31.7.24 At 1.8.23 Unrestricted fund5 General fund 43,661 (9,358) 34,303 TOTAL FUNDS 43,661 (9,358) 34,303 Comparative net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fid 72,502 (81,860) (9,358) TOTAL FUNDS 72,502 (81,860) (9,358) A current year 12 Months and prior year 12 months combined position is as follows.. Net movelnent in fidS At 31.7.25 Al 1.8.23 UDresÉricted funds General fund 43,661 (25,933) 17,728 TOTAL FUNDS 43,661 (25,933) 17,728 A Cllent year 12 months and prior year 12 months combined net movement in funds, irAcluded in the above are as follows". Incoming resources Resources expended Movement in fimds Unrestricted funds General fund 123,536 (149,469) (25,933) T()TAL FUNDS 123,536 (149,469) (25,933) Page 9 continued...
Libb Ma¢'s Little An els Notes to the Financial Statements - continued for the Year Ended 31 Jul 202? BELATED PARTY DISCLOSURES There were no related party transactions for the year ended 3 1 July 2025. Page 10
Libb Mae's Litde An els Detailed Statement of Financial Activities for the Year Ended 31 Jul 2025 31.7.25 31.7.24 ll¥COME AND ENDOWMENfS Donations and legacies Donations 51,034 72,502 Total incoming resources 51,034 72.502 EXPEiYDITURE Other trading activities Charitable expendithre 59,348 74,533 Support costs Management Office maintenance Rent Insiwance Motor eKpenses Telephone Motor vehicles Computer equipment 541 960 480 665 3,545 1,024 143 598 920 795 3.149 1,305 7,358 6,827 Finanee Ba])k charges 157 152 Governance costs Bookkeeping Accounlanry and legal fees 380 366 348 746 348 Total resources expended 67,609 81,860 Net expendlture (16,575) (9,358) This page does not fonn part of the statOry fUnCIal statements Page 11