Trustees Annual
Report and Accounts
1° April 2025- 31" March 2026
Little Lives UK
Registered Charity Number: 1171884

## **Contents** 

**Statement from the Director ....................................................................................................... 2 Our values and objectives ........................................................................................................... 3 Why are we needed? .................................................................................................................. 3 How we benefit the public .......................................................................................................... 4 How we responded to public benefit guidance offered by the commission .................................. 4 Our campaigns ........................................................................................................................... 5 Volunteers ................................................................................................................................. 7 Fundraising ................................................................................................................................ 8 Our partners .............................................................................................................................. 8 Our performance........................................................................................................................ 9 Financial review ....................................................................................................................... 10 Reserves policy ........................................................................................................................ 10 Risk management ..................................................................................................................... 10 Organisational structure ........................................................................................................... 10 Induction and training of new trustees...................................................................................... 11 Governing document ................................................................................................................ 11 Key management remuneration ............................................................................................... 11 Reference and administrative details ........................................................................................ 12 Statement of trustees’ responsibilities ...................................................................................... 12** 

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## **Statement from the Director Krisztina Schafler, Commercial Director** 


What a year it has been. Global conflicts and the rise of AI have affected everyone, creating a major impact on how people view the future. In these uncertain times, we feel that children, families, and schools require our support more than ever. While AI is an incredible tool, we have had to adapt to it. It has changed how people conduct research and navigate their daily lives; as a charity, we have adjusted our approach to ensure we remain visible so those in need can always find us. 

Thanks to our donors, both individuals and companies, we have continued our Technology and Someone to Talk To campaigns. Over the past year, these became our primary focus as we realized these are the two areas where our support is most vital. Currently, 

we support 48 children across 15 schools on a monthly basis. We continue to work closely with schools and social services to provide essential technology, and we are partnering with the NHS to provide mobile phones for children living with diabetes. 

Since the onset of recent global conflicts, we have seen massive price increases everywhere. As people look to reduce expenses, including spending on clothing, we believe our charity shops have become even more valued within the community. Regardless of global instability, we are committed to keeping our prices as low as possible and will remain attentive to our communities to support as many children as possible. 

I am also pleased to announce the opening of our fourth charity shop in Poole, Dorset. This new location allows us to connect more deeply with the community in the Southwest while providing a vital new source of funding to keep our campaigns running. 

Reflecting on this busy year, I would like to extend a massive thank you to the Little Lives UK team for their continued hard work and commitment. I also want to thank our volunteers who generously give their time to our shops, as well as every individual, company, and organization whose donations make our campaigns possible. Last but not least, a sincere thank you to our trustees. 

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## **Our values and objectives** 

## **Our Mission: Every Child Deserves to Thrive** 

Little Lives UK is dedicated to providing a lifeline to disadvantaged children and young people across the UK. We focus our resources on those navigating the challenges of disability, low-income environments, and mental health crises. By removing financial barriers to professional therapy and providing essential technology, we ensure that a child's background does not dictate their future. 

## **Why are we needed?** 

## **The Mental Health Crisis** 

The demand for youth mental health support has reached a critical tipping point. Recent data shows that one in four children and young people in England now have a probable mental health condition, a staggering increase from 12.1% in 2017 to approximately 26% in 2025. 

While the NHS supported a record 850,000+ under-18s this past year, the system remains overstretched. With average waiting times for specialist care often exceeding six months, thousands of children are left in "clinical limbo." Currently, only 40% of children with diagnosable conditions receive timely intervention. 

## **Closing the Digital Divide** 

In an increasingly paperless education system, digital poverty is a barrier to social mobility. It is estimated that 1.5 million UK households still lack adequate tech access, leaving disadvantaged students unable to complete homework or develop essential life skills. 

## **What we do** 

## **“Someone to Talk To” – Rapid, Professional Mental Health Support** 

Our flagship campaign provides free, one-on-one professional counselling directly within the UK school system. By bypassing lengthy NHS waiting lists, this initiative currently supports 48 students every month across 15 schools. We provide immediate emotional intervention, helping children build the long-term resilience needed to navigate personal challenges and thrive in their education. 

## **Technology Programme – Closing the Digital Divide** 

This initiative combats digital poverty by refurbishing and distributing donated smartphones, tablets, and laptops. Working alongside local councils, schools, and youth clubs, we provide essential hardware to disadvantaged children who would otherwise be excluded from modern learning. This "circular economy" model empowers students with the tools to succeed while actively reducing electronic waste. 

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## **How we benefit the public** 

## **Taking the Pressure Off Families and the NHS** 

By offering free, professional counselling directly in schools, we catch children before they fall through the gaps of overstretched public services. For the 48 students we support every month, we are often the first and fastest source of help. This early support doesn't just help the child; it brings relief to worried parents and reduces the long-term burden on our local NHS resources. 

## **Giving Every Child a Fair Start** 

In a world where schoolwork and staying connected happen online, a child without a laptop is a child left behind. Our Technology Programme ensures that a family’s bank balance doesn't stop a student from learning. By getting refurbished devices into the hands of those who need them most, we are helping to level the playing field so every young person has the same chance to succeed. 

## **A Second Life for Your Donations** 

Our charity shops do more than just raise funds, they are hubs for the community and the environment. By encouraging people to donate clothes and electronics, we keep quality items out of landfills and give them a second life. Every donation made by the public is turned directly into a therapy session or a laptop for a child, creating a kinder, more sustainable future for everyone. 

## **How we responded to public benefit guidance offered by the Commission** 

The trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities. The trustees refer to public benefit throughout this report. 

https://www.gov.uk/guidance/prepare-a-charity-trustees-annual-report 

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## **Our campaigns** 

## **Someone to Talk To** 

## **15 Active Partner Schools** 

## **48 Children accessing free, rapid therapy every month 6 Professional counselling sessions provided per child** 

## **A Lifeline in the Classroom** 

Little Lives UK continues to provide professional, one-on-one counselling entirely free of charge to our partner schools. We believe every student from Reception through to Year 11 deserves a safe, non-judgmental space to express their thoughts. Our counsellors don't just listen, they equip young people with a "mental health toolkit" of resilience and coping strategies designed to last a lifetime. 

## **The Urgent Need for Action** 

The gap between the demand for support and available care has never been wider. Entering 2026, national data shows that over 1.1 million children are now waiting for specialist mental health treatment. While referrals have surged by nearly 50% over the last decade, the public sector workforce has failed to keep pace. 

Recent figures indicate that the rate of probable mental disorders among 17 to 19-year-olds remains at a record high of 26%, yet average waiting times for an initial assessment can still exceed 20 weeks. By offering immediate intervention within days, not months Little Lives UK is filling a critical gap in the UK’s care system. 

**A Growing Network** Thanks to our dedicated team of experienced counsellors, we continue to scale our operations. With 15 schools currently in our network and a growing waiting list of educational partners, we are committed to expanding our reach. Every shop purchase and donation allows us to bring this vital support to more communities across the UK, ensuring that no child has to face their struggles alone. 

“I also wanted to say a huge thank you, Aneta is wonderful, she has adapted seamlessly to our school life and there has already been some really lovely feedback from students. Being able to offer, not only face to face in school counselling, but at such a high level to our students feels like such a privilege, which I am hugely grateful to you and Little Lives UK for, Thank you.” 

## **Julia, Twynham School** 

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## **Technology Programme** 

## **Closing the Digital Divide** 

**145 Tablets, 183 Laptops, and 30 Smartphones rehomed this year 2,623 Total devices given a second life to date** 

## **Helping Children Keep Up in the Classroom** 

Our Technology Programme is a simple way for people and businesses to make a massive difference. We invite anyone with an unwanted laptop, tablet, or phone to donate it to a child who truly needs it. To make it as easy as possible, we offer free collections across London and Dorset, or donors can simply drop devices off at our shops or use our prepaid postal labels. 

This year alone, we’ve put over 350 devices back into the hands of young people. With school budgets stretched thin, many students are being left behind because they don't have a computer at home. We step in to make sure that a child’s education isn't held back just because they can't afford a laptop. By providing these tools directly to schools and low-income families, we’re giving every student a fair start. 

## **More Than Just a Phone: Life-Saving Support** 

Our work reaches beyond the classroom and into the lives of children managing serious health conditions. We continue to support NHS children’s diabetes units by providing modern smartphones. For these young patients, a phone isn't a luxury, it’s a medical necessity. They use these devices to run apps that monitor their blood sugar in real-time, helping them stay safe and manage their health with more independence. 

## **Reaching the Families Who Need Us Most** 

We want to make sure every donation goes to the right place. That’s why we work closely with local council workers and teachers who know which families are struggling the most. This team effort ensures that what might have been "e-waste" sitting in a drawer becomes a life-changing opportunity for a child, helping them stay connected, stay healthy, and keep learning. 

“Little Lives have been a tremendous support to our school and we are incredibly grateful for their generosity. We have had five laptops donated, which will help more students participate in everyday learning - thank you so much!” 

**Emily, Friends of Semley School** 

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## **Volunteers** 

Volunteers and interns are the lifeblood of Little Lives UK. Their dedication and energy across our shops, office, and warehouse are what allow us to turn our mission into a reality every single day. 

## **In Our Charity Shops** 

Our volunteers do far more than just keep the shelves stocked, they are the friendly faces that make our shops true community hubs. Whether they are curating beautiful displays or providing a warm welcome to our customers, their hard work ensures our retail locations remain a vital and thriving source of funding for our children's programmes. 

## **In the Office** 

We are incredibly grateful for the talented individuals who support our core operations. From creating engaging social media stories to boosting our website’s visibility through SEO, our office volunteers help us tell our story and connect with the supporters and families who need us most. 

## **In the Warehouse** 

Our warehouse serves as a unique space for learning and growth. Here, volunteers gain hands-on experience with the technical side of our mission. By working with both the hardware and software of donated electronics, they develop valuable technical skills while ensuring that every device we rehome is ready to change a child's life. 

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## **Fundraising** 

## **Turning Donations into Support** 

Our charity shops and online sales are the engine that powers our mission. Thanks to the incredible generosity of the public, our shelves stay stocked with quality-checked clothing, household goods, and electronics. Every purchase made whether in our charity shops directly funds our mental health and technology campaigns, transforming pre-loved items into life-changing support for disabled and disadvantaged children across the UK. 

## **A Mission Rooted in Sustainability** 

By giving items a "second life," we do more than just raise funds, we champion environmental responsibility. Our retail model reduces waste and promotes a circular economy, proving that supporting our mission also means protecting the planet. We are proud to offer a shopping experience that is as sustainable as it is impactful. 

## **Our Community of Supporters** 

We are profoundly grateful for the continued trust of our supporters nationwide. Whether it is a bag of clothes dropped off at a shop, a refurbished laptop for a student, or a one-off financial contribution, every donation fuels our work. It is this collective kindness that allows us to stay fast, flexible, and focused on the children who need us most. 

## **Our partners** 

We are profoundly grateful for the generosity of our corporate partners. We are especially pleased to welcome two new companies this year that have committed to supporting our mission on a longterm basis. 

**plan.com** - As a leading mobile network provider, plan.com empowers UK businesses with intelligent connectivity and mobile management. Through their "Second Signal" campaign, they host donation drives across their offices, directly supporting our mission to provide essential technology and support to disadvantaged children. 

**Sphere Legal** - A dynamic law firm specializing in commercial, corporate, and employment law, Sphere Legal focuses on supporting fast-growing businesses. Their team is dedicated to building lasting relationships and prioritizes social impact, helping us ensure our operations are robust and our reach continues to grow. 

**Computeam** - With over 25 years of experience, Computeam is a specialist in education technology, providing managed IT services to hundreds of UK schools and Multi-Academy Trusts. Their mission to improve educational outcomes through technology perfectly aligns with our own, and their strategic partnership helps us deliver modern, reliable hardware to the students who need it most. 

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## **Our performance** 

Over the past year, Little Lives UK has significantly expanded its reach, deepening our support for children and families across the country. With the dedication of our team and the incredible backing of our community, we are proud to share our key achievements for this period: 

- **Expanded Mental Health Access:** We have grown our network to **15 partner schools** , providing pupils with immediate access to free, professional therapy. Currently, **48 children every month** receive vital emotional support through our "Someone to Talk To" initiative. 

- **Technology & Digital Inclusion:** Our Technology Programme has had a record year, rehoming **145 tablets, 183 laptops, and 30 smartphones** . This brings our lifetime total to **2,623 devices** given a second life and placed directly with low-income families, schools, and specialist NHS diabetes units. 

- **Strategic Retail Growth:** The successful launch of our **Poole clearance hub** , alongside our established **London shops** and Bournemouth-based online operations, has transformed our fundraising capacity. These hubs not only fund our frontline work but also champion sustainability by rescuing thousands of items from landfills. 

- **Closing the Gap in Care:** We have solidified our commitment to schools where funding is most limited. By providing 100% free counselling, we ensure that early intervention is a right, not a luxury, catching children before they fall through the gaps of overstretched public services. 

## **Our focus for the new year** 

## **Expanding Our Mental Health Support** 

Our mission at Little Lives UK remains unchanged: we are here to ensure every child has someone to talk to. In the coming year, we plan to scale our free school-based counselling programme to reach even more partner schools across the UK. To meet this growing demand, we will be diversifying our fundraising efforts and building new corporate partnerships to ensure no child is left on a waiting list. 

## **Growing Our Dorset Presence** 

Following the successful launch of our flagship clearance hub in Poole, our focus is now on becoming a key part of the Bournemouth and Dorset community. This hub is a vital engine for our charity, raising the essential funds needed for our frontline work while championing a sustainable, "circular economy." By giving second-hand items a new life, we are protecting the environment while protecting children’s futures. 

## **Advancing Digital Equality** 

We are committed to ensuring that a child’s bank balance never limits their education. In the year ahead, we will continue to grow our Technology Programme, streamlining our collection and refurbishment process to get more devices into the hands of disadvantaged students. 

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Our goal is to provide every child we support with the digital tools they need to remain competitive and connected in today’s world. 

**A Shared Mission** These ambitious goals are only possible with the continued kindness of our supporters. Whether you donate your time, your pre-loved items, or your unwanted tech, you are helping us reach more children in need. Together, we are building a brighter, more inclusive future for the next generation. 

## **Financial review** 

During the year the total income for the group was £1,481,273 (2025: £1,438,818) with expenditure of £1,409,473 (2025: £1,308,909), leaving a surplus of £71,800 (2025: £129,909) for the year. Unrestricted reserves as at 31 March 2026 stood at £687,401 (2025: £615,601) 

## **Reserves policy** 

The trustees’ aim is to maintain unrestricted reserves at a level sufficient to cover three months of operating costs. This is so that the charity is able to continue its vital projects in the event of unforeseen circumstances having a negative impact on future funding streams. Based on current expenditure levels, the Trustees have determined that a reserve level of £225,000 is appropriate to meet this objective. 

## **Risk management** 

The trustees have a duty to identify and review the risks to which the charity is exposed to. As a result of this the trustees must ensure appropriate controls are in place to provide reasonable assurance against fraud and error. 

The trustees are responsible for overseeing the risks faced by Little Lives UK and its subsidiary company, Little Lives UK Trading Ltd. Risks are identified and assessed throughout the year. The trustees are satisfied that any risks have been adequately mitigated where necessary and they have undertaken an overall risk assessment. 

## **Organisational Structure** 

At the Trustees quarterly meeting, the executive group will update the Trustees with the finances from the quarter. The Trustees will then review Little Lives UK's finances from the period. Furthermore, they will regularly monitor the investments by setting up the cash flow and the budget for the charity. 

Any variances are analysed and are reported to the trustees to make sure that the finances are under control. The Trustees will also periodically review the internal financial controls and the spending policy. 

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## **Induction and Training of new trustees** 

## **Recruitment** 

The board will consider what added experience and skills will help improve support for the charity and those involved in the day-to-day running of the organisation. For example, Little Lives UK is currently focusing on children's mental health, so a potential new trustee with a background in this sector would be a positive addition. New trustees may be found through individuals known to the charity, word of mouth and advertising. 

## **Appointment** 

Potential new trustees are interviewed by members of the board and the executive and invited to attend a trustees’ meeting, after which a decision is made by the board. 

## **Induction** 

New trustees are introduced to the charity’s existing work and given time to understand how it operates, while also being encouraged to contribute fresh ideas as they establish their supportive role within the organisation. 

## **Governing document** 

The governing document is a Constitution based on the Charity Commission model for a CIO. 

## **Key management remuneration** 

Management salaries are set and reviewed by the Board of Trustees. Informal monitoring of the salary levels of similar positions through job advertisements is undertaken to identify that the salary paid is appropriate, when compared to other, similar positions and taking into account the overall pay levels experienced locally. 

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## **Reference and administrative details** 

Registered Charity number: 1171884 

Principal address: 

## **Little Lives UK** 

Unit E10 Arena Enterprise Centre 9 Nimrod Way Wimborne BH21 7WH 

## **Trustees** 

Mr Yauheni Sysoyeu Mrs Szonja Borcsokne Budai Miss Lotta - Maija Salmi 

**Auditors:** MC Audit Limited, Lake House, 2 Port Way, Port Solent, Portsmouth, Hampshire, PO6 4TY 

**Bankers:** Virgin Money, 177 Bothwell Street, Glasgow, G2 7ER 

## **Statement of Trustees’ Responsibilities** 

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charity SORP; 

- make judgements and estimates that are reasonable and prudent; 

- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. 

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) 

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Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

## **Approved by order of the board of trustees** 

02 September 2026 on ............................................... 


and signed on its behalf by: ..................................................... Mr Yauheni Sysoyeu **Trustee** 

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**LITTLE LIVES UK** 

**REPORT OF THE INDEPENDENT AUDITORS FOR THE YEAR ENDED 31 MARCH 2026** 

## **Opinion** 

We have audited the financial statements of Little Lives UK and its subsidiaries for the year ended 31 March 2026 which comprise the Consolidated Statement of Financial Activities, the Consolidated Summary of Income and Expenditure Account, the Group and Charity Balance Sheets and cashflow statements and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard FRS 102 'The Financial Reporting Standard Applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice). 

In our opinion the financial statements: 

- give a true and fair view of the state of the group's and the parent charity's affairs as at 31 March 2026 and of the group's incoming resources and application of resources, including its income and expenditure, for the year then ended 

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and 

- have been prepared in accordance with the requirements of the Charities Act 2011 

## **Basis for opinion** 

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors responsibilities for the audit of the financial statements section of our report. We are independent of the group and parent charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. 

## **Conclusions relating to going concern** 

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. 

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. 

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**LITTLE LIVES UK** 

## **REPORT OF THE INDEPENDENT AUDITORS FOR THE YEAR ENDED 31 MARCH 2026** 

## **Other information** 

The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our Report of the Independent Auditors thereon. 

Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. 

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. 

## **Opinion on other matters prescribed by the Charities Act 2011** 

In our opinion, based on the work undertaken in the course of the audit: 

- the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and 

- the Report of the Trustees has been prepared in accordance with applicable legal requirements. 

## **Matters on which we are required to report by exception** 

In the light of the knowledge and understanding of the group and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees. 

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion: 

- adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or 

- the financial statements are not in agreement with the accounting records and returns; or 

- certain disclosures of trustees' remuneration specified by law are not made; or 

- we have not received all the information and explanations we require for our audit; or 

- the trustees were not entitled to take advantage of the small companies exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees. 

## **Responsibilities of trustees** 

As explained more fully in the Statement of Trustees Responsibilities, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. 

In preparing the financial statements, the trustees are responsible for assessing the group and parent charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the group or parent charity or to cease operations, or have no realistic alternative but to do so. 

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**LITTLE LIVES UK** 

## **REPORT OF THE INDEPENDENT AUDITORS FOR THE YEAR ENDED 31 MARCH 2026** 

## **Our responsibilities for the audit of the financial statements** 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. 

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to 

which our procedures are capable of detecting irregularities, including fraud is detailed below. 

From discussion with management and those charged with governance information about the entity is documented to assess the activity within the organisation. We discuss management's assessment of risk in respect of irregularities, fraud and going concern. 

Based on these discussions and our own assessments we determined that the key risk areas were income recognition in respect of cut off issues concerning grant, service and donation income and management override concerning the size of the organisation. 

We set financial statement materiality level based on the level of income. As a not for profit organisation raising income is its primary focus which is why income was used to determine the level of materiality. Our overall assessment of risk was used to determine performance materiality at an appropriate level 

Substantive audit tests were designed after assessing and performing walkthrough tests. The walkthrough testing confirmed documented systems which have been designed to act as a preventative measure against fraud and error which appear to be operating as documented. Substantive testing tested a sample of the population, representative of the population, to identify errors. The testing did not identify any material misstatements in areas tested. 

Audit substantive tests concluded no material errors over the key risk areas of income recognition and management override. 

The audit considers the organisation is not exposed to material risk of error as a result of assessing laws and regulations that are appropriate to the organisation. 

Management assessed there is no going concern risk. The audit undertook a review of budgets, management accounts and the review of board minutes and came to the same conclusion as management. 

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors. 

## **Use of our report** 

This report is made solely to the charity's members, as a body, in accordance with part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the group and the parent charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed. 

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**LITTLE LIVES UK** 

**REPORT OF THE INDEPENDENT AUDITORS FOR THE YEAR ENDED 31 MARCH 2026** 


Stuart Mackie (Senior Statutory Auditor) for and on behalf of MC Audit Limited Chartered Accountants Statutory Auditors Lake House 2 Port Way Port Solent Portsmouth Hampshire PO6 4TY 

03 September 2026 Date: ……………………… 

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## **LITTLE LIVES UK** 

## **CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING A CONSOLIDATED INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2026** 

|**Note**<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>**5**<br>**Other trading activities:**<br>Commercial trading operations<br>**6**<br>Investment income<br>**4**<br>**Total**<br>**EXPENDITURE ON**<br>**Cost of raising funds:**<br>Commercial trading operations<br>**7**<br>**Charitable activities:**<br>Supporting Children<br>**8**<br>**Total**<br>**NET INCOME/(EXPENDITURE)**<br>Transfers between funds<br>**NET MOVEMENT IN FUNDS**<br>**RECONCILIATION OF FUNDS**<br>**Total funds brought forward**<br>**18**<br>As previously reported<br>**TOTAL FUNDS CARRIED FORWARD**|**Unrestricted**<br>**Funds**<br>**2026**<br>**£**<br>85,912<br>1,385,360<br>10,002<br>1,481,273<br>1,173,675<br>235,799<br>1,409,473<br>71,800<br>-<br>71,800<br>615,601<br>687,401|**Restricted**<br>**Funds**<br>**2026**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|**Total**<br>**Funds**<br>**2026**<br>**£**<br>85,912<br>1,385,360<br>10,002<br>1,481,273<br>1,173,675<br>235,799<br>1,409,473<br>71,800<br>-<br>71,800<br>615,601<br>687,401|**Total**<br>**Funds**<br>**2025**<br>**£**<br>49,661<br>1,382,384<br>6,773|
|---|---|---|---|---|
|||||1,438,818|
|||||1,092,007<br>216,902|
|||||1,308,909|
|||||129,909<br>-<br>129,909<br>485,692|
|||||615,601|



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**LITTLE LIVES UK** 

## **CONSOLIDATED AND CHARITY BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2026** 

|**Note**<br>**FIXED ASSETS**<br>Tangible assets<br>**14**<br>**CURRENT ASSETS**<br>Debtors<br>**15**<br>Cash at bank and in hand<br>**CREDITORS**<br>Amounts falling due within one year<br>**16**<br>**NET CURRENT ASSETS**<br>**TOTAL ASSETS LESS CURRENT LIABILITIES**<br>**NET ASSETS**<br>**FUNDS**<br>**Unrestricted funds:**<br>**20**<br>Unrestricted funds<br>**Restricted funds**<br>**TOTAL FUNDS**|**Group**<br>**2026**<br>**£**<br>97,537<br>97,537<br>88,918<br>553,747<br>642,665<br>(52,801)<br>589,863<br>687,401<br>687,401<br>687,401<br>687,401<br>-<br>687,401|**Group**<br>**2025**<br>**£**<br>110,770<br>110,770<br>92,115<br>451,246<br>543,360<br>(38,529)<br>504,831<br>615,601<br>615,601<br>615,601<br>615,601<br>-<br>615,601|**Charity**<br>**2026**<br>**£**<br>309<br>309<br>206,518<br>405,278<br>611,796<br>(9,146)<br>602,649<br>602,959<br>602,959<br>602,959<br>602,959<br>-<br>602,959|**Charity**<br>**2025**<br>**£**<br>1,074|
|---|---|---|---|---|
|||||1,074|
|||||300,131<br>237,137|
|||||537,268|
|||||(8,690)<br>528,577<br>529,652|
|||||529,652|
|||||529,652|
|||||529,652<br>-|
|||||529,652|



02 September 2026 

The financial statements were approved by the Board of Trustees on _______________________ and signed on their behalf by: 


____________________________________________ Y Sysoyeu - Trustee 

19 



**LITTLE LIVES UK** 

## **CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2026** 

|**Note**<br>**Cash flows from operating activities**<br>Cash generated from operations<br>**23**<br>**Cash provided by (used in) operating activities**<br>**Cash flows from investing activities**<br>Interest income<br>Proceeds on sale of fixed assets<br>Purchase of tangible fixed assets<br>**Cash provided by (used in) investing activities**<br>Change in cash and cash equivalents in the<br>reporting period<br>Cash and cash equivalents at the beginning<br>of the reporting period<br>**Total cash at the end of the year**|**Group**<br>**2026**<br>**£**<br>107,645<br>107,645<br>10,002<br>-<br>(15,145)<br>(5,144)<br>102,501<br>451,246<br>553,747|**Group**<br>**2025**<br>**£**<br>178,350<br>178,350<br>6,773<br>42,003<br>(106,550)<br>(57,773)<br>120,576<br>330,670<br>451,246|**Charity**<br>**2026**<br>**£**<br>167,308<br>167,308<br>833<br>-<br>-<br>833<br>168,141<br>237,137<br>405,278|**Charity**<br>**2025**<br>**£**<br>209,022|
|---|---|---|---|---|
|||||209,022|
|||||833<br>-<br>(599)|
|||||234|
|||||209,256<br>27,881<br>237,137|



20 



**LITTLE LIVES UK** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026** 

## **1. ACCOUNTING POLICIES** 

## **Accounting convention** 

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) 'Accounting 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 Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. 

The trustees consider that there are no material uncertainties regarding the charity's ability to continue as a going concern. 

## **Going Concern** 

The consolidated financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for the 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity. 

## **Group financial statements** 

These financial statements consolidate the results of the charity and its wholly-controlled subsidiary Little Lives UK Trading Limited on a line by line basis. Transactions and balances between the charity and its subsidiary have been eliminated from the consolidated financial statements. Balances between the two entities are disclosed in the notes of the charities' balance sheet. 

## **Incoming resources** 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

## **Incoming resources - Trading subsidiary** 

Income is measured at fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

## **Support cost allocation** 

Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance and administrative payroll costs. They are incurred directly in support of expenditure on the objects of the charity and include project management. Where support costs cannot be directly attributed to particular headings they have been allocated to expenditure on charitable activities on a basis consistent with the use of resources. 

21 



**LITTLE LIVES UK** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026** 

## **1. ACCOUNTING POLICIES - continued** 

## **Taxation** 

The charity is exempt from corporation tax on its charitable activities. 

The subsidiary has entered into a deed of covenant to donate all of its distributable profits to the parent charity, thereby reducing its current tax liability to nil. 

## **Fund accounting** 

Unrestricted funds 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 funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## **Critical accounting judgments and estimation uncertainty** 

The preparation of the financial statements requires management to make judgments, estimates and assumptions that affect the reported amounts of assets and liabilities, income and expenses. These estimates and judgments are based on historical experience and other relevant factors, including expectations of future events that are believed to be reasonable under the circumstances. 

During the current financial year, the trustees did not make any critical accounting judgments or identify any key sources of estimation uncertainty that would have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities. 

## **Hire purchase and leasing commitments** 

Rentals paid under operating leases are charges to the Statement of Financial Activities on a straight line basis over the period of the lease. 

## **Pension costs and other post-retirement benefits** 

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. 

## **Financial instruments** 

The charity only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities, such as trade and other receivables, payables and investments in stocks and shares. The measurement basis used for these instruments is detailed below. 

## **Debtors & cash at bank** 

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand includes cash held on deposit or in a current account. 

## **Creditors and provisions** 

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. 

22 



**LITTLE LIVES UK** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026** 

## **1. ACCOUNTING POLICIES - continued** 

## **Tangible fixed assets** 

Tangible fixed assets under the cost model are stated at historical costs less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. 

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. 

Computer equipment - 33% straight line Fixtures and fittings - 20% straight line Motor Vehicles - 20% reducing balance 

Tangible fixed assets costing £500 or more are capitalised at cost. 

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively 

, where appropriate, if there is an indication of a significant change since the last reporting date. At each reporting date, the entity assesses whether there is any indication that a tangible fixed asset may be impaired. If such an indication exists, the recoverable amount of the asset is estimated. The 

## **2. FINANCIAL ACTIVITIES OF THE CHARITY** 

The financial activities shown in the consolidated statement includes those of the charity, Little Lives UK. 

A summary of the financial activities undertaken by the charity is set out below: 

|Total incoming resources<br>Total expenditure on charitable activities<br>Net incoming resources<br>Total funds brought forward<br>Total funds carried forward<br>Represented by:<br>Restricted funds<br>Unrestricted funds|2026<br>£<br>309,105<br>(235,799)<br>73,307<br>529,652<br>602,959<br>-<br>602,959<br>602,959|2025<br>£<br>398,441<br>(216,902)|
|---|---|---|
|||181,539<br>348,113|
|||529,652|
|||-<br>529,652|
|||529,652|



23 



**LITTLE LIVES UK** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026** 

## **3. INCOME FROM COMMERCIAL TRADING OPERATIONS** 

## **Little Lives UK Trading Ltd (Registered Company number: 10591110)** 

The charity's wholly owned trading subsidiary, Little Lives UK Trading Ltd, which is incorporated in England and Wales, pays its profits to the charity by Gift Aid. The following is an extract of the financial statements of Little Lives UK Trading Ltd for the year ended 31 March 2026: 

|Turnover<br>Cost of sales and administrative expenses<br>Profit before tax<br>Corporation tax<br>Profit after tax<br>Profits distributed to the charity<br>Retained in subsidiary<br>Fixed assets<br>Current assets<br>Current liabilities<br>Net assets<br>Aggregate share capital and reserves<br>**4.**<br>**INVESTMENT INCOME**<br>Deposit account interest<br>The assets and liabilities of the subsidiary were:|2026<br>£<br>1,388,177<br>(1,173,675)<br>214,502<br>-<br>214,502<br>(216,009)<br>(1,507)<br>97,229<br>229,968<br>(242,750)<br>84,447<br>84,447<br>2026<br>£<br>10,002<br>10,002|2025<br>£<br>1,388,324<br>(1,092,008)|
|---|---|---|
|||296,316<br>-|
|||296,316<br>(347,947)|
|||(51,631)|
|||109,695<br>297,503<br>(321,244)|
|||85,954|
|||85,954|
|||2025<br>£<br>6,773|
|||6,773|



All investment income is derived from cash deposits held within the United Kingdom. 

## **5. DONATIONS AND LEGACIES** 

|**DONATIONS AND LEGACIES**|||
|---|---|---|
|Donations|2026<br>£<br>85,912<br>85,912|2025<br>£<br>49,661|
|||49,661|



24 



**LITTLE LIVES UK** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026** 

## **6. OTHER TRADING ACTIVITIES** 

|Commercial Trading Operations<br>including Little Lives UK Trading Ltd's trading operation (see note 3)|2026<br>£<br>1,385,360|2025<br>£<br>1,382,384|
|---|---|---|



## **7. COMMERCIAL TRADING OPERATIONS** 

## **Other trading activities** 

|Commercial Trading Operations<br>including Little Lives UK Trading Ltd's trading operation (see note 3)|2026<br>2025<br>£<br>£<br>1,173,675<br>1,092,007|
|---|---|



## **CHARITABLE ACTIVITIES COSTS** 

## **8.** 

||Direct|Support|||
|---|---|---|---|---|
||expenditure|costs|Total|Total|
|||(see note 9)|2026|2025|
||£|£|£|£|
|Charitable Operations|225,659|10,140|235,799|216,902|
||225,659|10,140|235,799|216,902|
|**SUPPORT COSTS**|||||
||Management|Finance|Governance|Totals|
||£|£|£|£|
|Charitable Operations|-|18|10,122|10,140|
||-|18|10,122|10,140|



## **9. SUPPORT COSTS** 

25 



**LITTLE LIVES UK** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026** 

## **Finance** 

||||
|---|---|---|
|**Finance**<br>Bank charges<br>**Governance costs**<br>Auditors remuneration<br>Accountancy and legal fees|2026<br>Charitable<br>Operations<br>£<br>18|2025<br>Total<br>Activities<br>£<br>18|
||18|18|
||2026<br>Charitable<br>Operations<br>£<br>6,344<br>3,778|2025<br>Total<br>Activities<br>£<br>6,300<br>3,773|
||10,122|10,073|



## **10. NET INCOME/(EXPENDITURE) - GROUP** 

Net resources are stated after charging: 

|Net resources are stated after charging:|||
|---|---|---|
||2026|2025|
||£|£|
|Auditors' remuneration - Audit|6,344|6,300|
|Auditors' remuneration - Non audit|3,685|3,300|
|Depreciation - owned assets|25,227|35,280|
|Deficit on disposal of fixed assets|3,150|54,684|



## **11. TRUSTEES' REMUNERATION AND BENEFITS** 

No trustees' received remuneration or other benefits during the year ended 31 March 2026 nor for the period ended 31 March 2025. 

## **Trustees' Expenses** 

During the year no trustees (2025: none) were reimbursed for out of pocket expenses. 

## **12. STAFF COSTS** 

|Wages and salaries<br>National insurance<br>Pension contributions|2026<br>£<br>632,656<br>65,428<br>6,853|2025<br>£<br>581,113<br>43,023<br>7,306|
|---|---|---|
||704,937|631,442|



The key management personnel of the charity during 2025-26 comprised the Commercial director and the Technical director. The total employee benefits of the key management personnel of the Charity were £201,422 (2025: £187,030). 

26 



**LITTLE LIVES UK** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026** 

The average monthly number of employees (full time equivalent) during the year was as follows: 

|Average number of employees|2026<br>Number<br>25|2025<br>Number<br>25|
|---|---|---|
||25|25|



Two employees received emoluments within the range £80,000 to £89,999 (2025 - Two employees within the range of £80,000-£89,999). 

## **13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - 2025** 

|**INCOME FROM**<br>Donations and legacies<br>**Other trading activities**<br>Commercial trading operations<br>Investment income<br>**Total**<br>**EXPENDITURE ON**<br>**Raising funds**<br>Commercial trading operations<br>**Charitable activities**<br>Supporting Children<br>**Total**<br>**Net income**<br>**Transfers between funds**<br>**Net movement in funds**<br>**RECONCILIATION OF FUNDS**<br>**Total funds brought forward**<br>**TOTAL FUNDS CARRIED FORWARD**|Unrestricted<br>funds<br>£<br>49,661<br>1,382,384<br>6,773<br>1,438,818<br>1,092,007<br>216,902<br>1,308,909<br>129,909<br>129,909<br>485,692<br>615,601|Restricted<br>funds<br>£<br>-<br>-<br>-|Total<br>2025<br>£<br>49,661<br>1,382,384<br>6,773|
|---|---|---|---|
|||-|1,438,818|
|||-<br>-|1,092,007<br>216,902|
|||-|1,308,909|
|||-<br>-<br>-|129,909<br>129,909<br>485,692|
|||-|615,601|



27 



## **LITTLE LIVES UK** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026** 

## **14. TANGIBLE FIXED ASSETS - GROUP** 

|**COST**<br>At 1 April 2025<br>Additions<br>Disposals<br>At 31 March 2026<br>**DEPRECIATION**<br>At 1 April 2025<br>Charge for year<br>Eliminated on disposals<br>At 31 March 2026<br>**NET BOOK VALUE**<br>At 31 March 2026<br>At 31 March 2025<br>**TANGIBLE FIXED ASSETS - CHARITY**<br>**COST**<br>At 1 April 2025<br>Additions<br>Disposals<br>At 31 March 2026<br>**DEPRECIATION**<br>At 1 April 2025<br>Charge for year<br>Eliminated on disposals<br>At 31 March 2026<br>**NET BOOK VALUE**<br>At 31 March 2026<br>At 31 March 2025|Computer<br>Equipment<br>£<br>21,542<br>(11,112)<br>10,430<br>15,535<br>2,141<br>(8,001)<br>9,675<br>755<br>6,007<br>Computer<br>Equipment<br>£<br>8,380<br>-<br>(1,785)<br>6,595<br>7,481<br>699<br>(1,785)<br>6,395<br>200<br>899|Fixtures and<br>Fittings<br>£<br>18,963<br>15,145<br>(2,962)|Motor<br>Vehicles<br>£<br>134,507|Total<br>£<br>175,013<br>15,145<br>(14,074)|
|---|---|---|---|---|
|||31,146|134,507|176,083|
|||16,200<br>2,687<br>(2,924)|32,509<br>20,400|64,244<br>25,227<br>(10,925)|
|||15,963|52,909|78,546|
|||15,183|81,598|97,537|
|||2,763|101,998|110,769|
|||Fixtures and<br>Fittings<br>£<br>329<br>-<br>-|Motor<br>Vehicles<br>£<br>-<br>-<br>-|Total<br>£<br>8,709<br>-<br>-|
|||329|-|6,924|
|||154<br>66<br>-|-<br>-<br>-|7,635<br>765<br>(1,785)|
|||220|-|6,615|
|||109|-|309|
|||175|-|1,074|



28 



**LITTLE LIVES UK** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026** 

## **15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** 

|Other debtors and accrued income<br>Amounts owed from group undertakings<br>Prepayments|Group<br>2026<br>£<br>25,952<br>-<br>62,966<br>88,918|Group<br>2025<br>£<br>30,193<br>-<br>61,922<br>92,115|Charity<br>2026<br>£<br>5,596<br>199,094<br>1,828<br>206,518|Charity<br>2025<br>£<br>7,211<br>291,404<br>1,516|
|---|---|---|---|---|
|||||300,131|



Amounts owed by the subsidiary are unsecured, interest free, have no fixed date of repayment and are repayable on demand. 

## **16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** 

|Trade creditors<br>Social security and other taxes<br>Other creditors|Group<br>2026<br>£<br>5,129<br>13,701<br>33,972<br>52,801|Group<br>2025<br>£<br>4,029<br>10,288<br>24,212<br>38,529|Charity<br>2026<br>£<br>-<br>747<br>8,400<br>9,146|Charity<br>2025<br>£<br>125<br>354<br>8,211|
|---|---|---|---|---|
|||||8,690|



## **17. OPERATING LEASE COMMITMENTS** 

Minimum lease payments under non-cancellable operating leases fall due as follows: 

|Expiring:<br>Within one year<br>Between one and five years<br>More than five years|2026<br>£<br>161,219<br>283,000<br>148,469<br>592,688|2025<br>£<br>143,719<br>341,149<br>198,000|
|---|---|---|
|||682,868|



The amount of non-cancellable operating lease payments recognised as an expense during the year was £156,975 (2025: £145,595). 

29 



**LITTLE LIVES UK** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026** 

## **18. MOVEMENT IN FUNDS** 

Analysis of unrestricted fund movements 

||Balance at|Incoming|Resources||Balance at|
|---|---|---|---|---|---|
||At 1.4.25|resources|expended|Transfers|At 31.3.26|
||£|£|£|£|£|
|General fund|615,601|1,481,273|(1,409,473)|-|687,401|
||615,601|1,481,273|(1,409,473)|-|687,401|
|**Comparatives for movement in funds**||||||
|Analysis of unrestricted fund movements||||||
||Balance at|Incoming|Resources||Balance at|
||At 1.4.24|resources|expended|Transfers|At 31.3.25|
||£|£|£|£|£|
|General fund|485,692|1,438,818|(1,308,909)|-|615,601|
||485,692|1,438,818|(1,308,909)|-|615,601|



## **19. ANALYSIS OF NET ASSETS BETWEEN FUNDS** 

|Fixed assets<br>Current assets<br>Current liabilities|Unrestricted<br>funds<br>£<br>97,537<br>642,665<br>(52,801)<br>687,401|Restricted<br>funds<br>£<br>-<br>-<br>-<br>-|2026<br>Total<br>funds<br>£<br>97,537<br>642,665<br>(52,801)|
|---|---|---|---|
||||687,401|



## **20. EMPLOYEE BENEFIT OBLIGATIONS** 

The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £6,853 (2025: £7,306). 

## **21. RELATED PARTY DISCLOSURES** 

There were no related party transactions for the year ended 31 March 2026 nor for the period ended 31 March 2025. 

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. 

Transactions between group entities which have been eliminated on consolidation are not disclosed within the financial statements. 

30 



**LITTLE LIVES UK** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026** 

## **22. ULTIMATE CONTROLLING PARTY** 

The charity is not under the control of another entity or any one individual. 

## **23. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES** 

|**OPERATING ACTIVITIES**||||
|---|---|---|---|
|Group<br>2026<br>£<br>Net movement in funds<br>71,800<br>(Profit)/Loss on disposal of fixed assets<br>3,150<br>Depreciation charge<br>25,227<br>Interest received<br>(10,002)<br>(Increase)/decrease in debtors<br>3,197<br>Increase/(decrease) in creditors<br>14,272<br>107,645<br>**ANALYSIS OF CHANGES IN NET FUNDS**<br>**Net cash**<br>Cash at bank|Group<br>2025<br>£<br>129,909<br>54,684<br>35,280<br>(6,773)<br>(14,375)<br>(20,375)<br>178,350<br>At 1.4.25<br>£<br>451,246<br>451,246|Charity<br>2026<br>£<br>73,307<br>-<br>765<br>(833)<br>93,613<br>456<br>167,308<br>Cash flow<br>£<br>102,501<br>102,501|Charity<br>2025<br>£<br>181,539<br>-<br>2,947<br>(833)<br>23,222<br>2,147|
||||209,022|
|||||
||||At 31.3.26<br>£<br>553,747|
||||553,747|



31