LITTLE LADY LOCKS
TRUSTEES’ ANNUAL REPORT
Financial Year: 5 April 2024 – 4 April 2025
Charity Name: Little Lady Locks Registered Charity Number: 1195950
Registered Office: 107 Wickentree Lane , Failsworth, Manchester, M35 9AY Website: www.littleladylocks.com
Trustees Serving During the Year
Kirsty Prince Daniel Longdon Michelle Higgins
The trustees act in a voluntary capacity and are responsible for the governance and strategic direction of the charity.
Structure, Governance and Management
Little Lady Locks is governed by its trustees in accordance with its governing document and charity law. Trustees are responsible for ensuring the charity is properly managed, financially accountable, and operating in furtherance of its charitable purposes.
Trustees oversee the charity’s activities, financial management, safeguarding, risk awareness, and operational direction. Day-to-day activities are supported by staff, volunteers, wig makers, and community supporters working under trustee guidance. Policies and procedures are maintained to support best practice in safeguarding, health and safety, and financial management.
Objectives and Public Benefit
Little Lady Locks supports children and young people experiencing hair loss by providing wigs, hair systems, accessories, and emotional support. Trustees confirm that they have had due regard to Charity Commission guidance on public benefit.
The charity’s services directly improve the confidence, wellbeing, and social inclusion of children and families facing medical or non-medical hair loss.
Achievements and Activities During the Year
Growth in Service Demand
The reporting period saw a significant increase in referrals, demonstrating growing awareness of the charity’s work and increasing demand for its services.
Premises Expansion
A major milestone during the year was the move into a larger building to accommodate the increase in referrals and overall growth of the charity. The new premises allow the charity to:
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Provide more private wig fitting areas
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Safely store wigs, hair systems, and accessories
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Improve operational workflow
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Support a larger volunteer base
Volunteer Contribution
The larger premises have enabled greater volunteer involvement. Volunteers have supported the charity by:
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Sorting donated hair
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Preparing fundraising packs
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Assisting with daily operations
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Supporting building works including painting, plastering, and renovation tasks
Trustees extend sincere thanks to everyone who has contributed their time, skills, and support.
Fundraising and Community Support
The charity organised another charity ball, which raised funds towards solicitor fees and the deposit for the new premises. Community fundraising and donor support have remained vital in sustaining services and supporting expansion.
Future Plans
Trustees have set plans to maximise the use of the new building and increase long-term sustainability:
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Community Café — A welcoming space for families and supporters, with profits reinvested into charity services.
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Charity Shop — A shop selling donated second-hand goods to the public, with all income generated being reinvested back into the charity to support service delivery and beneficiaries.
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Wig Shop for Public Purchases — Providing wigs to the public, with profits supporting the charity’s core services.
Eliza Land Party Room
A large party room will be created and offered free of charge to terminally ill children and their families. This initiative was inspired by one of the charity’s children, Eliza, whose family found it extremely difficult to find a suitable venue to hold a farewell celebration. Eliza Land will provide a joyful and meaningful space for families during the most challenging times.
In addition, the room will be available for hire to the public for children’s parties, generating income to support the charity’s work.
Financial Review
During the financial year 5 April 2024 to 4 April 2025, the charity’s income was generated through donations, fundraising events, and ongoing community support. This income enabled the charity to continue delivering its core services to children and families while also supporting a period of significant development and growth.
Expenditure during the year focused on the provision of wigs and hair systems, accessories, and essential care products for beneficiaries. Additional costs related to securing and preparing the new larger premises, as well as operational expenses necessary to maintain service delivery, including insurance, utilities, supplies, and professional fees.
Trustees maintained oversight of financial activity throughout the year to ensure funds were applied in line with the charity’s objectives and to support the continued sustainability of services in response to increasing demand.
Risk Management
Trustees remain aware of risks relating to safeguarding, financial management, health and safety, and operational delivery. Steps are taken to ensure appropriate policies, procedures, and controls are in place.
Statement of Trustees’ Responsibilities
The trustees are responsible for preparing the Trustees’ Annual Report and financial statements in accordance with applicable law and regulations.
Trustees are responsible for keeping proper accounting records, safeguarding the assets of the charity, and taking reasonable steps to prevent and detect fraud and other irregularities.
Approval
This Trustees’ Annual Report was approved by the trustees and signed on their behalf by:
Trustee Name: Michelle Higgins Signature: ____ Date: ____
LITTLE LADY LOCKS
Charity number: 1195950
Accounts for the year ended 5 April 2025
Statement of Financial Activities (SoFA)
(including Income and Expenditure Account)
Unrestricted Funds £ Total Funds £
Income from:
| Donations | 276,072.86 | 276,072.86 |
|---|---|---|
| Other income (rent receivable) | 9,528.00 | 9,528.00 |
| Total income | 285,600.86 | 285,600.86 |
| Expenditure on: | ||
| Charitable activities | 275,200.13 | 275,200.13 |
| Total expenditure | 275,200.13 | 275,200.13 |
| Net income for the year | 10,400.73 | 10,400.73 |
| Total funds brought forward | 21,762.52 | 21,762.52 |
| Total funds carried forward | 32,163.25 | 32,163.25 |
All funds of the charity are unrestricted.
Balance Sheet
as at 5 April 2025
£
| Fixed assets | |
|---|---|
| Fixtures and fttings | 7,937.60 |
| Less: accumulated depreciation | (718.52) |
| Net fxed assets | 7,219.08 |
| Current assets | |
| Cash at bank and in hand | 29,206.53 |
| Total current assets | 29,206.53 |
| Creditors: amounts falling due within one year | |
| Accounts payable | (4,262.36) |
| Net current assets | 24,944.17 |
| Net assets | 32,163.25 |
| Funds of the charity | |
| Unrestricted funds | 32,163.25 |
| Total funds | 32,163.25 |
Trustees’ statement
The trustees acknowledge their responsibilities for preparing accounts that give a true and fair view of the charity’s financial position and for ensuring that the charity keeps proper accounting records.
These accounts were approved by the trustees and authorised for issue on:
Date: ____
Signed on behalf of the trustees:
Michelle Higgins
Trustee
Notes to the Accounts
1. Accounting policies
Basis of preparation
cost convention in accordance with the Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011.
Little_Lady_Locks_-_Balance_She…
Income
Income is recognised when the charity is entitled to the income, receipt is probable, and the amount can be measured reliably.
Expenditure
Expenditure is recognised on an accruals basis and allocated to the relevant activity.
straight-line basis over their expected useful lives.
2. Income
£
Donations 276,072.86
Rent receivable 9,528.00
Total income 285,600.86
3. Expenditure
£
Cost of goods and subcontracted services 117,341.82
Fundraising and support costs (including depreciation) 157,858.31
Total expenditure 275,200.13
4. Trustees’ remuneration and expenses
No trustees received remuneration during the year. Trustees were reimbursed for expenses incurred in the performance of their duties.
5. Fixed assets
£ Cost 7,937.60
Accumulated depreciation (718.52)
Net book value 7,219.08
6. Creditors
£
Accounts payable 4,262.36
7. Funds
All funds of the charity are unrestricted.
Independent Examiner’s Report
(to be saved as a separate PDF)
Independent Examiner’s Report
to the Trustees of Little Lady Locks
I report to the charity trustees on my examination of the accounts of Little Lady Locks for the year ended 5 April 2025.
Responsibilities and basis of report
As the trustees of the charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Charities Act 2011 and in carrying out my examination I have followed the applicable Directions given by the Charity Commission.
Independent examiner’s statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in accordance with section 130 of the Charities Act 2011, or
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the accounts do not accord with those records, or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report.
Andrew Rosenberg
Accountant ATR Accountancy & Bookkeeping Ltd Imperial House 79–81 Hornby Street Bury BL9 5BN
Signed: Date: 4[th] February 2026