REGISTERED COMPANY NUMBEI R: 04112466 {England.?nd WAles) REGISTERED CHARITY NufvlBER.. 1155134 Repurt uf the Trustees And Financial StAtemeiits for the Year Ended 30 June 2024 for Lark Children's Centre Sheppards Accountants Limited 22 The Square The Millfields Plymouth Devo PLI 3JX
Lark Cl)ildi'en's Centre Contents of the FinRneiic I Stateineiits (oi. the Year Ended 30 June 2024 Page Repoi't of tlie Trustees Iiidependent Examiner's Repoi. Statenient of fi iiiaiicifil Activities Balance Sheet Cash Floiv Statemeiit 10 Notes to Élle Cash Floiv Statenient Notes to tlie Financial StAtemen15 12 to 17 Delalled Statement of Financial Acfivitles 18 to 19
Lark Chil(Iren's Centre Report of tlie Trustee for the Year Ended 30 June 2024 TlTre tlS1¢¢S ivlio are also directors of tl)e Charity for the piiiyoses of the Compaiiies Act 2006, piesei)I tlieir rcpoi"I witli Ilie fiL)ancial 51alciiienlq of tlie cbai'ity foi the year ciided 30 Jiiiie 2024. Tli¢ Iiiibtees liave adopted the pi'ovisions of Accoiii)tiiig and Repoi'lii)g by Charities.. Slatemeiit of Recon)Iiiciided P18Ctice applicablc lo chai'ities pi'cp#rii)g theii. accounts in accordance with tlie Fiiiaiicial Repoiling Siii ndard applicable in tlie UK and Repiiblic of Ireland (FRS 102) (effeclive l Janiiary 2019). OBJECTIVES AND ACTIVITKES Objeetives aiid &ims The chai'ilalile ol)jects of the coiiipai)y shall be foi. beiicfit of pi'e-scl)ool cliildrei) aiid theii. fainilies ii) Plyi)1011l1)'. to adiiance the ediicatioii of pie-school childreii tl)rc)ugh (he pi'oiwision of niirsery facilities wl)ich pi'oinote Ilieii- physical, iiitellcctti#l social and emotioiial developinent 11)roiigli &afe ai)d siiiiulating play: to protect and sar¢iard the healil) of the public at laige in the ai'ea of benefit by Ihc provisioi) ol. ai)tei)alal eai'e, pareiitiiig clgss&s, access to l)¢alili visitors aiid sucli otlier support con51sleiil with these pi'ovision5 t]Jat are cliciritable according to the law of Englaiid and Walcs. tl)e relief of need in Ihe area of ben¢fil by the piovision of debi counselling. Inoiiey manageineiit aiid budgeiary advisory seryices, atid the provisioii oftraining and cducalion in skills likely to lead to emplo)qncnt' lo fi¥rther tlie benefit of Ihe I'e8idenls of Plyinouili, Ivithoiit distinction of sex, sexiial oi'ieniaiion, l'ace oi. political, I'eligious oi. other opinioIis by association togetlier with Ihc said resideiits aiid lh¢ local aiithorities, voluntary and other oiganisations in a comn)on effort to advance education ld lo piovide facilities lli tlic llileresls of social wclfarc foi reci'cation and leisure time occupation with the objccl of iniproving the conditions of life for ihe resideiits. Page I
Lark Children's Centre Repoi'l of tlie Ti'iistee5 ror the Year Endeil 30 Julie 2024 OBJECTSVES AND ACTivrrtES PiiblFc beiiefil LARK Cliildi'eii's Centre has coiitiniied to be intensively involved iii Ilie ti'aiisforii)alion of early help aiid the emei-giiig Family Ilub agenda whj'lc still lliallltaining a rJiige ol seivi¢es lo iiieet local ijeeds ii'kthin Cluster 3 ivliivl) coiisists of thi'ec Cliildi'eii's Ccnlres aieas, LARK, Moi'ice Toivii ai)d Popiii. Tliis report I'etlecls the tentl) year ol. delivery sii)ce LARK gained Ilie tendei" foi. C.lii.ster 3 in .liily 2n14. LARK continues to ivoik in p&i"Inei"sliip iviili Liv¥%vell (Lead), BarnJrdo'%, A¢lioii foi Childi"cn, E-IdmodZC Ilouse, Harboui. Ceiift'c, Speecli aiid Liiiigiiage, Iiicliisioii Teaiii, PDAS. Job Ceiih'e Plus, CitiY.ei)'s Advice, Police, Piiblic Healtli, Midwifery, Health Vi%itors ai)d Eai'ly Yeaj'q seltiiigs, to naine some c)f oiii" pattnei's that coiitribiil¢ lo oiii. joint service delivery, deiieloping will) Plytnouth City Coiiiicil, the tutillE early help offei. i]0[1gh Faixily Hiibs. The Famil}, Hubs ivithiii Plyinoiitli l)ave beei) developiiig willi regulai. Ineeliiigs oil iiifi'asliu¢tui"e, deliveiy, ¢U)d ei)gageiiient. Plyinouih c.ity Council gtyanled a hvo-year ¢xtension to oiii. coiihact fi'oin Api'il 2023 to Mc1rch 2025. Contraul lead is Karlina Hall, Com]]U5sioller loi. Plymouth City Couiicil. Bariy Mount5tevens is the Stt'ategFiC Lead foi. Family Hiibs. A variety of courses foi. parei)ts, siich as Solitiiill Pai'eiiting aiid Solil)Iill Anle-Nalal, Ctrcle of Security and Fi'eedoiii continued to be offered diiring 23-24. We liave beetTr recogE]ised city wide foi- oiir approacli to Doinestic Ab¢ as a resiili of a i)ILilii-ageiicy audit and al'e noiv part of plan to develop siippoi't services foi. DA even fvriher. Tliis year we have conlinucd to offer groiip services, parei)ting programines, I:1 outreach support. Working witli fainilies lo i'espond to Ilie increasing issues of finallcial hardship willi risllig costs, and wages and benefits not meeting the gap. We have also be¢n woi'king iii collaboi'ation with Plymoiith University to support their research into better oulcoines when financial support is offered and continu¢ to meet regularly with them lo coinplete reseairh and surveys. Our Fitedom prograirnne (individual and 'oup based) was delivered to 61 people, over 50 people access oiir ante natgl programme, we suppoi'led over 1,000 fainilies accessing slay and play and delivered 61 ROSPA home safety assessments and installations. 123 feeding mothers accessed Lal¢h on support, alld ive loaned 16 breast piiinps to support with feeding at home. Along with Welf81'e BeThefils Advice whet-e we are hopeful there will be naliottal str8t¢gies to ameliorate the evei'_increasing drains of family biidgets aiid the ensuiiig hardship. We cutTently have 134 tainilies open to l.. l outreach support and we ask all visitors to the centres to register with us as Family Hubs Training conliDued for staff for access to a new shared data syslcm, Eclipsc, preparing for chwiges to data gathering and i'eporting systems. Eclipse is now up ai)d iijnning for the year 2024-2025. Staff have also been trained in use of ihe Outcome Star. to ineasure and report on progress and distance travelled wilh individiial famTlies. The close work willi social care partners is even more developed in jolnl early help initiatives. Tliis targeted iyork is a significant and demanding aspect of our services and is likely to increase with the futur¢ Faniily Hubs partnerships. There is an early plan developing to pilot joint working wilh children's social care in tlie North Pi'ospect area and this is likely to coincide with the move lo a new building. Thc midwifeiy offer lTras continued and increased al LARK and platTrs are moving fonvard to develop this seryice at Morice Towll as well. Our Nvo Children's Centres Managers Tetired at the end of March 2024, 8ft¢r being here since the inception of Sure Start of which we were a trailblazer pi'oje¢l from early 2000. Their dedication and insiglit into the project have been invaluable ovei. the years, f$11Y as staff membei's and since 200612007 as Cl)ildren's Centre Managers, Julie for LARK and Popin aiid Elizabeth for Mortce Town and our Daycare. which sadly had to Close its doors in September 2021. We are pleased and cxcited lo welcome and say hello to Kirsty, who has taken on the Full Time Manager r()le of all three sites froni March 2024. Page 2
Lark Clill(Ireii's Cenh'e Report of tlie I'riistees for Ilie Year Elided 30 June 2024 s'rRATEGIC RII PORT Principal fiinding sources Pi'incipal fiinding soiii-¢eq Tlie prii)cipal funding source is oui. conl¥a¢led grant fvndii)g from Plyinouih City Council (PCC) and in April 2023 oui. col'e liii)ding was reduced by 18 /0 due lo cuts by Plyii)oiiih City Counvil. S11( rt for Life funding waq madc available from Api"il 2023 ai)d ivill eontiniie to M1( rch 2025 to bc inlegrated iiito Fainily Hiibs foi. eai'ly l)elp. This was tiii)ding i))ade by Govei'iiment to Loccll Aiitl)oi'ity'S for a hvo-yeai- pei'io(l #nd tl)ese <?Ilditional fiindg l)elpeil to support tlie sliortfall iii oui. ¢oi-e fi)iidin¥ and enabled liq to conliiiue our ciii'i-enl i)liis addilioiial berviccs. We Inaiiitait) stability wiiliin Ilie slaff le8lYI. will) cxcellei)I rclciition and acceplance of all slaff ieqiie5ts for redLILlion.8 in IIoLirs. Illvestment policy and objectives Tl)e charily i-etaijis a siiffi¢i¢nt ivorkllig Capital iii baith cui'rei)l accounts to ¢ovei- expct]dilure for ilie short tei'iii period. The Maiiagement Coinmittee have decided li) invest Il)e Lasll baldntye in exccss of sho11 tcriii ie911ireinelll% in b?{ ilk deposit £lCLOlltils oftering the best reliii'n clvailable at tlie lim¢, deposit perfoi'inancc and I'etiii'n I'ales are constai)tly Inoiiitored. Reseives policy Tl)e Manageiiient Coinmittee's policy is to Inainlain illll'estricled reserve5 which 'e equivalent lo al 1¢8St tluee inoiiil)8 um'estricted expenditure. Tliis is considered to be a sufficient level of rescrves for the cliarity. The balance of unrestricted fiinds at 30 Jiine 2024 was £807.124. Page 3
Lal'k Cliil(li'eii's Centre Report of tlie Ti'iistees foi. tlie Year Ended 30 June 2024 STRATII GIC REPORT Future pla115 Sii)ce Kll'siy Mole's appoin¢iiienl in March 2024, progression lias illoved at pace lo (levelop the ceiiti'es in line witli tl)e Faniily Hubs Agellda. Mori¢e Toivii launched os a farnily hiib iii AugLis12024, witli stiong miilii-agen¢y i'epreseIitation fi'oii) comii)Iinity biiildei's, PCC'5 1)attiral iiifias1ictUi legm, NSPCC, local coun5ellois and fan)ilies ivitl)iii Il)e Moi'iee TO1n coniiniinity. Loc21 Lounselloi. foi" tlie %loke ivai'd (Jeiiiiina Laing) took cl toui. of LARK in Aiigii8t 2024 and exprcs4ed hei. iidinii'atioii tOT tl)c work ive iveiE doing, as ivell as ving Iiei. hill suppoit for fiihii'e planq aioiiiid devel()piiig) Ilie seivice. Jilli¢ Greei. fiY)in tl)e Devoii <ind Comivall Aiii)a Fi'eiid cciiti'e also iwisiled Moi'icc TOWJ) and was impresseil by the woi'k she saw goiiig on ivith communilies aiid groups ivitl)in the space. She ivas also coinpliineniary of the ivoi'k 1<1kiiig i)laee io offer services to Dad's and Inale cl I'els and Iliis has also received strong suppoi'l fi'oiii David Halcy, liead ol seivice al PCC. wl)o eoi)liniies to encoi)i'agFe development of these plans, of ivhich we al'e iniplemenling along8ide Action foi. Children. Tli¢ proposal lo ii)ove Lai"k (Eniergllig Noi'ili Pi'ospect Faitiily Hub) to 91-93 Noi"tli Prospect l)as noiy bceii agreed by PCC, thc portfolio holder foi- chil¢11,$ seivi¢es, and a piiblic consultation is ciirrently ui)dciw)y to seek feedback troiii the ¢omniunity, this is due lo eiid on Noveinbei. 21st, al i¥hich point, if Iliei'e ale i)0 questions iaised 01 piisl)back from Ihe coinmunity, Ivorks ivill begin to develop the building iyiih a view lo laiiiiLliing as Noith Prospect Faniily Hub mid-January 2025. This will enable us lo develop our services even fiirtl)ei', offeiing spaces foi. Ilic commiii)ity, stieiigtlici)ing conne¢lions witli paither agencies, and allowing giowth of projecls that are ciiriei)tly hampered by otsi. lack of space aiid ability lo divetTify- The biiilding off¢rs 'eater acces8 to the community, stronger pi'esen¢e. and slreainliiiin¥ of ivork that CU)Tently fecls cluiiky and tiine collsumiiig, wlien operating over hvo 5cparale Ioc8tions. Confirn)alion that an 8.80/ reduction in core funding for 25126 and a filrther IOU/& 26127 has been a'eed, however, the Start foi. Life funding has not been decided oi. sl)ai'ed will) us as yet. Thei'e l)as been agreement at Goveinmenl level that 69 million pounds ivill be granted nalioni¥id¢ to further develop Family Hubs. however, l)ow this will be shared is yet UnloWn. LARK is aciilely focussed on the succe9sful delivery of the Childi'en's Centre contract ivhich requires regular data collection to confll'in tl)al ive are meeting d)e contractcd la¥gets. We wai)t to eiisure services reinain robust so Ilial the future ttansilion into Family Hub partnerships is secure. LARK is part of the ¢'1Y lielp transfoi'malion and are involved in developing Ihc agenda for change which is ¢itating new oppoitunities and demaiids. We are keeping staff updated and encouraging them to be parl of the process. Staff engagement has been good, willi staff continuing to adapt and ex¢rcise Ihcu. knowlcdge and confidence in using neiv systems. This report covers the tenth year of contrnct delivery under this cutrei)t tender and the data collected indicates that across most targets we continue to deliver. The tt'aining of staff across the Cluster has been very deinanding to keep abreast of requirements but that does create a very skilled staff base lo meet needs. LARK Cluster has worked to maintain best practice evett in adVee ¢ircumstances. Rebi'anding plans ar¢ underway. with a redesign of the cunrnÉ logo, atta¢hm¢nt of the sttapline "For children. for families, for futures" and the w¢bsile being streamlined and clarified for ease ol use and accessibility. Staff have cmbraced this cb8nge, liaving input at evely stage of desigll lo ensure the Lark image is maintained and developed lo further PiDfc5sionalise the work we do. Lead Statement- Kirsty Mole Since joining the te8m in Marcli 2025, 1 have been blown away by the work that Lark does, their presence within the community and the dedication and commitment staff give to iheir roles at Lark. Thei'e is a strong sense of family led work, einpaihy and underslallding, and I cannot advocate enough (city ivide) for the importance Lark plays ivithin their conununilies. l am excited for things lo coine, and proud to be a part of the journey, I believe IOOO/o that the work we do ttuly changes lives, support5 chtldren and I hope that we can continue lo give our community the space they need to thrive and seek support. The team within Lark (Morice town and Popin) are highly skilled, motivated and dedicated to what they do, and l ¢oiild not be more ateful that I have been chosen to lead tliem. I ani looking forward lo 10th¢r exciting year of LARK and betng a part of developing ourselves to be stronger and more comniunity focussed and fonvard thinkj'ng. Page 4
Layk Children's Ceiih'e Report of tlie I'l.Stee5 for the Year Ended 30 June 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Governing dociinient 'rhe ¢hai'ity is conti'olled by it4 goiicrnjiig document, a deed of tsiist, aiid conslihiles a liiniled coinpc1ny, limited by giiai'anleL, as defiiied by the Coinpanies Act 2006. Tli¢ org8iiisalioi) is a cliai'itcible coinpany limitcd by gryiaiaiilee, ii)corpiirated on 17 Noveinber 200rJ ai)d rcgistered ns cl)ai'ily 01) 31 Dccetnbci. 201.3. Tl)e comi)dl)y Ivas &tlb11Stled iiiider Meinoiandiim of Assc)¢liili()n wliich cie<lted tl)e obj¢LIS 8iid powers of tlie compaiiy Jiid is governed iind¢i" ils Ai"tILles of Aq8oei<ltion. Iii Ilie eveiit of ihe coiiipai)y b¢iiig wouiid lip Ineiiibcis clre i'eqiiited lo Loiih"ibiile an amoiii)t not eKceediii¥ Ll. Onc of. Ili¢ nionihly maiiaLiement Ineetii)gs eacli qiiai'lei. selves as tl)e Advisoiy board wlieye coiitiacl ievieiv data i.£ shsjred. Recruitmeiit Appointment ofneiv triistees Tl)e diyecloi's of the coiiipai)y ai"¢ albo ch#i"ity tnislees for the PilTpose of cliarity law and under the Loinpai)y'q articleq al'e known as membei's of Ilie Manic geinent Coniinittee. All iiicinbcrs uf Ilic Manageinenl CoiniMittee give tlieii. time volw)larily aiid i'eceive no beiicfils from Il)e charity. Illduction aiid tralnlng of new tyustees Prospeetive 8$e¢.9 are givei) tlie opportunity to altei)d Ilie Iiiain MlageMent Coiikniuttee meetiiigs foi. several InoiitlLq so il)at they can judge the level of commitment required and see if they feel coIiifoi'table with Ilie i'csponsibiltlies of being (1 Inistee. They ivill I'eceive key dociiments and miniilcs of previoiis meetings lo f8miliari8e tliemselves with tl)e curi'enl affaii's of the committee. They are ii)vited to observe at first liand the woi'k beiiig cai'i'ied out within Ihe chaiity. A new tnistee will be given a fiill induclioii pro¥i?nunc covcring all aspccls of the work of the charity, its goveman¢e aiid fii)ances. RE4 FEREI NCE AND ADMINISTRATI, DETAILS Registered Company Jiumber 04112466 (Englattd aiid Wales) Reglstered Charlty numbei. 1155134 RegÉstered office Sure Start Shop The Beacon Lai'k Hill Plymouth Devon PL2 2LL Trustees R Mcmaniis D Gould S Blight Ms W Davis Ms T Archinan (resigned 111112023) Mis H K Horsley (appointed 211012024) R L Campbell (appointed 41912024) Company Secretary Nfj's S Raspisoii Independent Examlney Slieppards Accountants Limited 22 The Square The Millfields Plyinouth Devon PLI 3JX Page 5
Lark Chll(Ireii's Centre Reporl of tlie Trustee5 for flie Year EDded 30 June 2024 REFERENCE AND AD[NIsTRATIVEI TAELS Bankei's Lloyds TSB 8 Roy81 Pai'ade Plyn)oiiih Devoii PLI IDS Repoit of the ttN}tees, li directoi's, on eoiyDI'lt ting a sts8tegic I'eport, ai)proved by oydei. of Il)e boai'd ot Inisiees, as Élle coii)i)ai)y DICal..J.i."- and sig])ed oli the boic I'd's behdlf by.. R McMaLlllS- Tnjstee PBge 6
Independent fi.I<l111inei"s Repijrt to the Ti'ustees of I,aYk Cliil(Ii'en's Centi'e Iildepeiideiit examinei s i'ep(ii't to Ilie ti'ustees of Lark ChÉldreTri's Centre (tthe Company,) I iepoil lo the ch'Ity tnislees on Iny exainiiLgtioi) of Ilie a¢counfs of the Conipany foi. Ilie yeai- elided 30 June 2024. Responsibllities aiid basis of I'epoi't As the cliai'ity's hi]51ees of the Coinpany ()iid also ils dii'ectors for tl)e piirposes of coiiipaiiy law) yoii al'e i.esp0115iblc foi. the pi'eparalion of the clCCOllI)ts iii accordclnce with thc I'cquireinet)ts of the Compii nics Act 2006 ('tlie 2006 Act,). l.laving s21i.sfied myself Ilial Ilic 8LL()untq of tlie Company gie iiot reqiiii'ed io be audited iiiider Pait 16 ot the 2006 Act c lid are eligil)le for ii)depeiidei)t exaniiiiatioii, I repoi't in I'espect of my exan)iniltioii of yoiii. cliaiily'¥ aecoiints as cai'i'ied oiit iindei. Section 145 of Ilie Ch7 rities Act 2011 ('Ihe 201 l Act'}. Iii cariyiiig oui my exiL Ininic tion I have foll()wed tlle DiiEclioiis given by Il)e chirItY Cominissioi) ui)der Section 145151 (bl of il)e 2011 Act. Indepeiideiit e¥aminer's slateiiieTrt Since yoiir eliarily's gross ii)come exceeded £250,000 your examinei. Iniist be a Ineinber of a listed body. I cali confiiiii tl)at I ani qiialificd lo iind¢itake the cxaniiiialioii because l aiii a inciiibei. ol tile Itistitule of chairtei.ed Ac¢ounlanls iii Eiigllind and Wciles, wl)ich is oi)e ot Il)e listed bodies. I l)ave completed my eKamination. I confirm that no iiiatlers liave come lo my attention in corllieclion iviili the exaiiiEiTration giving Iiie cause to believe- accoui)ting records iyeie not Iiepl in iespect of the Company us required by SeLtioi) 386 of Il)e 2006 Act,. oi. tl)e accounts do not accord with tliose recoi'ds,. OT the accounts do not coinply iviih the accoiinting requiremei)Is of Section 396 of Ihe 2006 Acl other Éhaii any reqiiii'etnei)t tlial the accounts give a Irue and fair vieiv wl)ich is not a iyjatter ¢on.qidered as pait of an indepei)dent examiiiation. or tlie accounts have not been prepared in accoi'dance ivlih the meiliods and principles of the Sialeiiient of Reeoinmended Practice for accounting and reporliiig by charities (applicable lo charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102)). I have iio concerns and have come across no oilier matters connection with the examinRtion to whicli attention should be dyawn in this report in order lo enable a proper understanding of the accoiinls to be rea¢hed. lan Sheppard Sheppards Accountsnls Limited 22 The SqEiare The Millfields Plyrllouih Devon PLI 3JX Date.. ?OL Page 7
Lark Childi-en's Centi'e SÉAtement of Finaiicixl Aetii'ities {Ji)eoi'poR'nting ali Iiicome Expenilitilre Il¢eouDt) roi. tlie Ye#i' nded 30 Jutke 2Q24 2024 Total tunds 2023 Unrestricted fiind Resti'i¢ted fiind5 runds INC.OThqE AND ENDOWfvtENTS FROM Doncltioiis ai)Il legc1CICS 150,210 150,21n 1,000 Cliaritable aetivities PCC Childi'en's Sei'vices Coi)tt"a¢l 494,737 494,737 585,158 Othei. trading activities Jnvcstment income 5,200 I l.O()O 5,200 11,060 5,080 3,243 Total 166,470 494,737 661,207 594,481 EXPENDITUREI ON Raising fiii)ds 1,502 1,502 3.025 Charit#ble activities PCC Childi'eti's Seiyices Conti'acl 34,711 605,264 639,975 556,428 Total 34,711 606,766 641,477 559,453 NET INCOMEI(EXPENDITURE) Transfers behveen funds 131,759 (41,921) (112,029) 41.921 19,730 35,028 15 Net movemeiit iii funds 89,838 (70,108) 19,730 35,028 RECONCILIATION or riUNDS Total funds brought fonvard 717,286 {203,407) 513,879 478,851 TOTAL FUNDS CARRIKD FORWARD 807,124 {273,515) 533,609 513,879 Thc notes fonll part of these financial statements Page 8
Lark Chll(Ireii's Centre Balance Sl)eLt 30 June 2024 2024 Uiiresli-icted fiind Resti'iLled fuiids Total hinds tunds Notes CURRENT ASSETS Dcbior4 Cash al bai)k aiid iii hand 13 304 810,000 865 720,739 809,980 20 810,284 20 810,304 721,604 CREDITORS Amounts fallii)g due within oiie year 14 (3,160} 1273,5351 (276,695) (207.7251 NEI T CURRENf ASSETSI(LIABILITIES) 807,124 1273,515) 533,609 513,879 TOTAL ASSETS LCI SS CURRENT LIABILITIES 807,124 (273.515) 533,609 513.879 NCI T ASSEI TS 807,124 (273,515) 533,609 513,879 15 Unreslricled funds Resliicled fvnds 807,124 {273,515) 717,286 (203,407) TOTAL FUNDS 533,609 513,879 The charitable company is entitled to exeniption from audit iiiider Section 477 of ihe Companies Act 2006 for tlie year ellded 30 June 2024. The meinbers have not required d)e company lo obtain an audit of its flnancial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuriE]g tlial the charitsblc COD]pany keeps accounting records that comply wiib Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which give a twe and fair vieiv of the state of affairs of the cliaritable company as at the end of cacli financial year and of its suiplus or deficit foi. each fmancial year in accordancc with the IEquirements of Sectioiis 394 and 395 and which otherwise ¢oniply with the requirement5 of the Compai)ies Act 2006 relating lo financial statements, so far as applicable to the charitable company. (b) The cial tatements were approved by the Board of Trustees and authorised for issue and were signed on its behalf by.. on R Mcmanus- Ttusl¢¢ The notes forni part of these financial statements Page 9
Lark Chll(Iren's Ceiitre Casli f4 loiv Stateineiit foi. the Yeay Ended 30 June 2024 2024 2023 Notes Casli flows froin operatiiig activities Ca511 geiierated fi'om operalions 78,201 181,809 Ncl casl) i)i'ovided by operaiii)g activilieg 78,201 181,809 c.ash IIoivs from inve$ting actii'ities liiteiest I'cccived 11,060 Nel casli i)I'ovided by invc5ting activities 11,060 3,243 Clilinge ii) eAslI and cash equivAlents iii tlie reportillg period Casli and Cash equivaleiits at tlie beginning of tlie reporting period 89,261 185,052 720,739 535,687 Cash and cash equivalent5 at the end of the repoi'ting period 810,000 720,739 The notes foiin part of Ihese financial statements Page 10
Lark ChildYen'5 Centre Notes tn tlie Casli Floiv StAteTiiei)t foi. tbe Yeai- Elided 30 June 2024 REI CONCILIATION 014 Nli T INCOME'fo NET CASH fiLOW fROM OPERATING ACTIVI'I'IEI S 2024 2023 Net iiieoiiie foi. tlie reporting period (as per tlie Statemeiit of fiinancial AetRvities) Adjustmeiits for: liiterebt ieccivc(I Dcciease in debtors InciEc1se in ci'ecliloT% 19,730 35,028 111,06U) 561 68,9711 (3,243 } 329 149,695 Net eAsh provided bv opei'AtiOn5 78.201 181,809 ANALYSIS OF CHANGEI S IN NET fiUNDS At 1.7.23 Casl) flow AI 30.6.24 Net C47sh Casli at bank aiid in hand 720,739 89.261 810,000 720,739 89,261 810,000 TotAI 720,739 89,261 810,000 Thc notes fom) pait of these financial statements Pagell
L?I'k Cl)ildi-eii'5 Centre Notes ti> ilie Fiiiil IICiIl1 Sthteiiieiits foi. tlie Year Ei nded 30 Jui)e 2024 ACCOUNTITrIG POLICIES B2Tr5is of prei)411'ing the finaiicial statefftents The finan¢ial stateinei)ts of the ¢hai'itable coinpany, Ivhicl) is a piiblic bei)efit entity uiidei. FRS 102, Iiave becii prepai'ed iii accordaiice with Ilie Cliaiilics SORP IFRS 102) 'A¢¢oiiiitii)g aiid Rcpoi"liiiE by Cl)ai'ilies.- SialcnieTrt of Rceomniei)ded Praclicc ai)plicable to cliarities prepariiig theii. IlCCOllS11s iii clCCOI'dai)cc witli the Fiiiancial Repoi'ting Stai)dill-d applicable iii Ihc UK and Republic of li'eland {FRS 102) (effective l Jaiiii<lly 201I))', Fiiiaiioi#l Repoiling Staiiddl-d 102 'Tlie fiiiaiiLial Reportiiig Slaiidai-d apiiliciible iii Ilic UK gild Rei)ublic of li-elaiid, aiid thc Coinp<?nie& ALt 2006. 'Ilie fI112c Iicial stalcincnts liave beeii pi'epai-¢il iu)dei' tl)e hisloiical cosi coi)vcntioii. Iiicojiie All iiicoille is i'e¢ow)ised ii) tlie Statciiieiit of Finaiicic11 Activiti¢8 once tlie cliai'ity has eiititlemeiit to the ftind%, il is probab5e tliat the ineoiiic ivill be received and th¢ ainoiint Cl1 n be iiieasui'ed reliably. Expeiiditui'e Liabilities al'e recogni5cd as expenditure as soon os tliei'e is a legal oi. constructive obligation cominitting Ihc charity to Ilial eApendittire, it is probable that a trai)sfei of ecoi)omic benefits will be i'equii'ed iii settleinent aiid Ilie amoiint of the obligation Cali be measui.ed i'eliably. Expendiftii'e is a¢¢oiiiited foi. 01) an a¢¢ruals basis and lias beeii classified under headings that 8ggJ'egate all cost i'¢laled to the categoiy. Where costs Cdniiol be directly allribiited to particulai. headings they Iiave been allocated to activities oil a basis consislei)l ivith tl)e iise of i'esourccs. Taxatlon The ch'Ity is cxcinpl froiii ¢oiyoratioii lax on its charilablc aclivilics. Fund accounting Urll'estricted fuiids are available for use al the discretion of Ilie triistees in fuiilieraiice of tlie geiieral objectives of the charity. Restricted fuiids Can only be used for particular reslricted putposes within the objcctives of the cl)arity. Rcstricled ndS are subject to restrictions OLI their expendi¢uir imposed by die doiior. Hire purchase and leasing commitmeiits Assets obtained under hu'e purchase coiitracls and fance leases are Capilalised as tangible assets and deprecia¢ed over the sho11. of the lease tern) and their useful lives. Obligations under such agTeemellls are included in ci'editors net of Il)¢ finance charge allocated to fijture periods. The fjnance element of the iEntal payment is charged lo the profit and loss a¢¢ount so as to pi'oduce ¢onslant pcriodic lates of ¢harge on the iict obligations outstanding in each period. DONATIONS AND LEGACIES 2024 2023 Grants 150,210 1,000 Gi'ants received, included in the above, are as follows.. 2024 2023 Other grants 150,210 1,000 Page 12
Layk Cliildren's Centre Notes to Ilie fiiiiaiici'il St14 teiiienls - Ll>lltiiiued foi. the Year Eilded 30 June 2024 OTHEI R TIUDINC. ACTKVITIES 2024 2023 Other generJled inc()me 5,200 5,0811 INVEISTMENT INCOME 2024 2023 Deposit accoiiiil ii)lei'est INCOME fiROM CHARITABLE ACTIVITIEI S ?024 2023 Activity PCC Childi'en's Services contr.qct PCC Cliildi'en's Services Conll"a¢t Cljildren's Scivices Conh'act 14oine Safety Scheme 494.737 577,845 7,313 494,737 585,158 RAlStNG FUNDS Raising donatiojis #nd legaeies 2024 2023 FAB Project Other project5 1,475 1,550 1,502 1,502 3,025 CHARITABLE ACTIVITIES COSTS Support costs {see note 8) Dire¢l Costs Totals PCC Children's Services Contract 606,553 33,422 639,975 SUPPORT COSTS Governance costs Other Totals PCC Children's Services Contract 25,265 8,157 33,422 Page 13
Lal'k Chlldi-en's Centre Notes to the Fiiiaiieigl StHteiiients- coiitiiiued for tl)e year Ended 30 June 2024 NET tNCOMEIIEXPENDITURE) Net incoine/(expenditui'e) is stated after ¢h¢iigiiigl(ci'e(liling)'. 2024 2023 Rei)t & scivi¢e chai'ge5 37,684 41,540 io. TRUSTEES, REMUNERATION AND BENEfilTS Thci'e ivei'e iio Inislees, i'einuneralion or other benefi15 foi. the year ei)ded 30 Jui)e 2024 1101. foi Ilie yeai. ended 30 June 202i. Ti'iistees, e¥penses There ivei'e 110 trustees, expciises P21d foi the year ended 10 June 2024 Iior foi. the year ended 30 JLine 2023. ii. STAfiF COSTS 2024 2023 Wages and salaries 429,815 437,618 429,815 437,638 The average monthly nuinber of employees during tlie yeai. was as follows.. 2024 2023 Manageinent Finance & Administrative Children's Seivices Suppoit 14 17 No employees re¢eived einoluments in excess of £60,000. 12. COMPARATIVES FOR THE STATII MENT OF FINANCIAL ACTIVITIES Unrestricled nd Restricted fvnds Total nds INCOME AND ENDOWMELYTS FROM Donations and legacie5 1.000 1,000 Charitable activities PCC Children'5 Services Coiitract 7,313 577,845 585,158 Othei. trdding activities Iiivestmenl incoiiie 5,080 3,243 5,080 3,243 Total 16,636 577,845 594,481 EXPENDITURE ON Raisii)g fijnds 3.025 3,025 Page 14
Lark Clhildren'5 Centre Notos to flie Finaiieial St2tenient4- Lolltiiiued for the Year Ende(1.30 June 2024 12. COMPARA'fivES FOR THI STATEMII NT ofi FINANCIAL ACTIVITIES - ¢oiitinued Unreslrictecl Resli'icled liii)d tkinds Total fiinds Cliaritable Ctlvitles PCC ChildiEn's Services Coi)liact 39,737 516.691 556,428 Total 39.737 519,716 559,453 NET tNCOME/{EXPEI NDITURC) Ti'ansfers bettveen fuiids {23,1011 300.044 58,129 13nO,044) 35,028 Nel movemeiit in funds 276,943 {241,915) 35,028 Rfi C.ONCILIATION or FUNDS Total tuiids bi'olight foiwai"d 440,343 38,508 478,851 TOTAL fi UNDS CARRtEI D FORWARD 717,286 (203,407 } 513,87Y 13. DEBTORS: AMOUNTS FALLII44G DUE WITHIN ONE I'EAR 2024 2023 Trade debtors PrepaymeIS and accnied income 272 593 304 304 865 14. CREI DITORS: AMOUNTS FALLING DUEI WITHtN ONE AR 2024 2023 Trade ci'edilors Social security aiid other taxes Other creditors Acciuals and defei'red in¢ome 142,841 8,933 4,493 120.428 168,695 6.156 4,784 28,090 276,695 207,725 15. MOVEMENT IN FUNDS Net movement in funds Transfers between fiJnd5 At 30.6.24 Al 1.7.23 Unrestricted funds Gei)eral fund 717,286 131,759 {41,921) 807,124 RestrReted funds PCC Children's Services Contract (203,407) {112.029) 41,921 (273,515) TOTAL FUIYDS 513,879 19.730 533,609 Page 15
Layk Chllilrenls Cenh'e Notes to tlie fiTriiaiicifil SÉateiiieiits- contiiiued lo). the Year Ei)ded 30 Julle 2024 15. MOVEMENT IN FUNDS- continued Nel movemetlt in fiii)ds, iiicluded in the above are as follows.. In¢oining resoui'LCS Resoui'ces expended Moveimeiit ij) tui)d. Uni-estrlcted fiiiids Gciieral fiind 166.470 {34,711) 131,759 Restrlcted fuiids PCC Childreii's Services Coiilracl 494.737 (606.766) (112,029) TOTAL fuNDS 661.207 1641,477) 19,730 Comparative5 for moveinent in fiivkds Ncl move113eiit in fiinds Tra115fers benveeii fuiids At 30.6.23 At 1.7.22 Uni'estyicted funds Genei'al fulld 440,343 (23,101) 300,044 717,286 Restricted funds PCC Childi'en's Seivices Contract 38,508 58,129 {300,044) (203,407) TOTAL FUNDS 478,851 35,028 513,879 Coinparalive net moveincnl iii ftinds, included in the above ai"e as follows= Incoiiirng resources Resources expended Movement in funds Unrestrie¢ed funds GencrJl nd 16,636 (39,737) (23,101) Restricted funds PCC Childreii's Services Contract 577,845 (519,716) 58,129 TOTAL FUIYDS 594,481 (559,453) 35,028 Page 16
Lark Childreii's Centre Notes to tlie Fliiaiicial Stateii)ents- coiitiiiued foi- the YeHr Ended 30 June 2024 15. iVIOVEMEI NT IN fiUNDS- eontiniicd A ciiiirnt year 12 nioiiths c111d prior year 12 Inoi)ths conibined posilioii is as follows.. Nel iiioveiiienl Ti'aiisfei's betwcci) fiiiids Al 10.6.24 Al 1.7.22 Unresti'icte(I flind5 Geiiei'lc l liiiid 440,-343 108,658 258.123 807.124 Resli'ieled funds PC.C Childi'en's Serviccs Conhact 38,508 153,900) (258,123) (273,515) TOTAL FUNDS 478,851 54,758 533,609 A ciii"i"elll year 12 Imonihs and prior year 12 Iiionihs coinbincd iiel movemcnl IÈ) fiiiids. iiicluded ii) tlie above ar¢ a8 follows.. Iiicoming resoiirccs R¢sources expeiidcd Movement in fiii)ds UDrestri¢¢ed funds General fi]iid 183,106 (74,448) 108,658 Restricted funds PCC Children's Serviees Contt7Ct 1,072,582 (1,126,482) (53,900) TOTAL FUNDS 1,255,688 (1,200,930) 54,758 16. RELATEI D PARTY DISCLOSURES There were llo related paty transactions for the year ended 30 JLU)e 2024. 17. ULTIMATE CONTROLLING PARTY The charity is under the control of the tnist¢es, who are also the direelors of the company. Pa¥e 17
LArk Cliil(Ii'enls Centye Detililed Stateillenl of FiiiRIICiAI Ae(ii'ities lor the Year Ended 30 June 2024 2024 2023 ITrICOLIqEI AND ENDOWMENTS Donations legAcies Grants 150,210 i.ooa Otller ti'a(lin2 aetivitie5 oihei. geiiei'ated incoine 5,200 5,080 IDvestment inconie Deposit accoiinl intei'esl 11,06U ChAritAble activlties Cl)ildien's Seivices CoJ)h8cl Home Safety S¢heine 4Y4.737 577,845 7,313 494,737 585.158 Tot411 incoming i-esourees 661,207 594,481 EXPENDITURE Raising donations legacies FAB Project Other projects 1,475 1,550 1,502 1,502 3,025 ChRritable activities Wagcs Rent & seivice Charges Rates and watei- Insuraiicc Ligbt and heat Telephoiie Advertising PCC safety equipment Ham Di'ive charges Cleaning & waste supplies Repaii's & rcneivals Provision for refurbishment of preniises 429,815 37,684 3,080 5,589 3,161 437,638 41,540 2,999 5,917 2,655 5,252 2,725 5,762 6,002 9,597 7.130 2.289 6,223 9,778 5,934 103,000 606,553 527.217 Supporl costs Other Telephone Postage and stationery Siindries CaTtie(I fonvard 5,618 430 1,241 7,289 1,242 637 818 2,697 This page does not fotTn part of the statutory financial statements Page 18
Lark Children's Cenh'e Detailed Stateiiieilt of FiiiiiieiAI Activities ror tlic Year Ended 30 June 2024 2024 2023 Othei. Bi'ouglil foiivai'd Office eqiiiptnent & softwJi"e Ti'avel expei)ses Payroll c112( i'gcs Bank charge. Relreqliiiieiits Siibscriplions Staff Irllining Parentiiig gn'oiips 7,289 5,733 1,854 3,420 2,697 2,914 1,475 3,420 334 774 40 1,868 7,881 702 330 1,126 4,811 25,265 21,403 Govei'nanee costs Con8uliancy fees Accoiii)lai)cy and legal fees 3,988 4,169 3,645 4,163 8.157 7,808 Total resoiirees expended 641,477 559,453 Net income 19,730 35,028 Tliis page does not fom part of the slatutoiy financial statements PaLye 19