## Twinkleboost CIO Registered Charity No. 1207369 Financial Statements for the period 8 March 2024 to 30 June 2025 ## **Legal and Administrative Information** Name: **Twinkleboost CIO** Reg'd Charity No: 1207369 **Trustees** Jaqueline Goldsmith Hannah Broughton Toinette Vicars Emma Lawson Amanda Dove Harriet Wignall-Parry Caspian Jamie Lorna Day Natasha Vartoukian Address: Twinkleboost CIO Bartle House Oxford Court Manchester M23WQ Independent Examiner: Mark Thompson MAAT North Tyneside VODA Spirit of North Tyneside Wing 2nd Floor, Wallsend Customer First Centre 16 The Forum Wallsend NE28 8JR ## **Structure, Governance and Management** ## **Constitution** The charity was incorporated on 8[th] March 2024 and established under the constitution of a Charitable Incorporated Organisation (CIO). The only voting members are the trustees of the CIO. ## **Appointment of Trustees** The appointment of trustees is managed as required by the board and CEO who identify candidates who have an interest in supporting the CIO and have the skills to complement the existing board members or can fill any skills gaps on the board. ## **Objectives and Activities** ## **Purpose** The charitable objectives of the CIO are the advancement of education and development of children and infants aged 0-5 who have special educational needs and / or disabilities, or are living in poverty by providing speech, language and communication support in the form of multisensory classes, led by a speech and language therapy team to develop their early communication skills. In setting objectives and planning for activities, the trustees have given due consideration to the guidance published by the Charity Commission, ‘Public Benefit: running a charity (PB2)’. ## **Main Achievements of the CIO** In March 2024, Twinkleboost established itself as a Charitable Incorporated Organisation. This has been a significant step and marks the beginning of a new era for the organisation, building on a decade of impactful community support as a Community Interest Company. We have continued to support hundreds of families across the year focusing on equipping parents and carers with confidence and accessible strategies around their child’s speech, language and communication. We have continued to build relationships with community venues and referral partners across Manchester, ensuring families access bespoke, specialist support before, during and after Twinkleboost sessions. We secured funding from The National Lottery Foundation (Reaching Communities Fund) and Children In Need which has boosted all aspects of our delivery and reach. We have welcomed a new Board of Trustees and recruited a new Chief Executive Officer to build strong foundations around effective governance, financial resilience and organisational development. ## **Financial Review** ## **Financial Position** The CIO received £71,824 in receipts and made £23,416 in payments in the financial, with a surplus of £48,407. ## **Reserves Policy** The trustees have examined the CIO’s requirement to hold reserves in order to continue to operate under unforeseen circumstances. The trustees review the CIO’s level of reserves frequently throughout the financial year. At the end of the financial period, Restricted Funds were £45,475, Unrestricted Reserves were £2,662. ## **Trustees' responsibilities in relation to the financial statements** Charity Law requires the Trustees to prepare financial statements for each financial year which comply with the regulations set out in the Charities Act 1993. The Trustees have elected to take advantage of the provisions that apply to small charities and have prepared a Receipts and Payments Account and Statement of Assets and Liabilities. Signed: Chair, on behalf of the Trustees, date: 4th February 2026. ## **INDEPENDENT EXAMINER'S REPORT** ## **Report to the Twinkleboost CIO trustees of** **On accounts for 30 June 2025 Charity no 1207369 the year ended** ## **Respective** **responsibilities** The trustees of the organisation are responsible for the preparation of accounts; **of trustees and** they consider that an audit is not required for this year under section 144(2) of **examiner** the Charities Act 2011 and that an Independent Examination is needed. It is my responsibility to · examine the accounts (under section 145 of the 2011 Act), · follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Act), and - state whether particular matters have come to my attention. **Basis of** My examination was carried out in accordance with General Directions given by **independent** the Charity Commissioners. An examination includes a review of the accounting **examiner’s** records kept by the charity and a comparison of the accounts presented with **statement** those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts. - **Independent** In the course of my examination, no matter has come to my attention: **examiner's** 1. which gives me reasonable cause to believe that in, any material respect, - **statement** the trustees have not met the requirements to ensure that: - proper accounting records are kept (in accordance with section 130 of the Act); and - accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. **Signed: Name:** Mark Thompson MAAT **Address:** North Tyneside VODA Spirit of North Tyneside Wing 2nd Floor, Wallsend Customer First Centre 16 The Forum Wallsend NE28 8JR **Date:** 4th February 2026. **Twinkleboost CIO** |**Receipts & Payments Account**||||| |---|---|---|---|---| |**to 30 June 2025**||**2024/25**||| |||**Unrestricted**|**Restricted**|**Total**| ||**Notes**|**£**|**£**|**£**| |**Receipts**||||| |Grants|**4**|375|59055|59430| |Sales||6160||6160| |Transfer from CIC|**5**|10|6224|6234| |||.||| |**Total Receipts**||**6545**|**65279**|**71824**| |**Payments**||||| |Sub-Contractor Costs||3771|17013|20784| |Staff Training|||101|101| |Rent|||801|801| |Webhosting|||29|29| |Computer Software|||469|469| |Legal & Professional Fees|||59|59| |Consultancy Fees|||1062|1062| |Insurance||112||112| |**Total Payments**||**3883**|**19534**|**23417**| |Surplus/Deficit for the period||2662|45745|48407| |**Funds at 8 March 2024**||**0**|**0**|**0**| |**Total Funds at 30 June 2025**||**2662**|**45745**|**48407**| ## **Twinkleboost CIO** ## **Balance Sheet as at 30 June 2025** |**Current Assets**
Cash at Bank
Debtors
**Total Current Assets**
**Current Liabilities**
**Net Assets at 31 March**
**Represented By:**
Restricted Funds
Unrestricted Funds|**2025**
**£**
48407
0
**48407**
0
**48407**
45745
2662
**48407**| |---|---| The financial statements were approved by the following members of the Trustees : Signed Position: Chair Signed Position: Treasurer Date 4th February 2026. **Twinkleboost CIO** ## **Notes to the Financial Statements as at 30 June 2025** - **1** The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006 Twinkleboost meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes (s). - **2** Twinkleboost is a registered charitable incorporated organisation with the Charity Commission, Registration no 1207369. The Charity was registered on the 8th March 2024. The first financial period covers the dates 8th March 2024, to 30th June 2025. Future financial periods will cover 12 months. - **3** No remuneration was paid to trustees during the year. for the period 8 March 2024 to 30 June 2025. There are no employees emplloyed directly by the charity. ## **4 Grants:** |**Grants:**|| |---|---| |**Restricted Grants:**
Reaching Communities
Children in Need
**Unrestricted Grants**
Groundwork Uk
**Total Grants Received**|47140
11915
**59055**| ||375
**375**
**59430**| - **5 Transfer from CIC** - Prior to charity registration, the organisation was a Community Interest Company (CIC). **Funds from the CIC were transferred to the charity.** |**5** Restricted Funds
Reaching Communities
CCF Knutsford
Children in Need
Stronger MCR
**Total**|b/fwd
Inc
Exp
Balance
(Transf)
47140
15506
31634
4410
2802
1608
11915
1226
10689
1814
1814
**6224**
**59055**
**19534**
**45745**| |---|---|