REGISTERED CHARITY NUAIBER: 521779 Glrlguldlng Unaudited Financial Statements for the Year Ended 31 December 2025 for The Gulde Association - Lelcestershire Operating as Glrl8uiding Lelcestershire The Rowleys Partnershlp Ltd Chartered Accountants Charnwood House Harcourt Way Meridian Business Park Leicester Leicestershire LE19 1WP
The Guide Association - Leicestershire Operating as Girlguiding Leicestershire Contents of the Financial Statements for the Year Ended 31 December 2025 Page Reference and Administrative Details Report of the Trustees Independent Examlner's Report Statement of Flnanclal Activitie$ Balance Sheet Notes to the Flnanclal Statements 10 to 20
The Guide Association - Leicestershire Operating as Girlguiding Leicestershire Reference and Administrative Details for the Year Ended 31 December 2025 TRUSTEES The County Commissioner (the Chairl Janet Gelsthorpe - appointed 01107125 Samantha Harrold - resigned 30106125 Susan Mayhew - appointed 01107125 Hollie Davidson - appointed 01107125 Laura Clatl(e - resigned 30106125 Janet Gelsthorpe - resigned 301IY>125 Helen Monk The Assistant County Commissioner The Honorary Treasurer The Division Commissioners of following: Ashby Bar(lon Blaby and Luttetvlorth Blaby and Luttetworth Charnwood Market Harborough Lelcester Clty Loughborough Melton Mowbray Oadby ft Wigston Oadby & Wigston Rutland Watermead Hinckley Hinckley h*lanie Conboy Jenny Crane Anna Ranwn - resigned 11107125 Alice Dodd - appointed 16107125 Rachel Sykes Laura Clarke - appointed 01107125 Viciorfa Tooch Susana Ashcroft Laura Brown Jnica Winfield - resigned 19108125 Eileen Melling - appointed 19108125 Helen SvAft Posiiion vacant Anda 8ourne - appolnted 22104125 Emma Dutton - appointed 22104125 There were no other trustees durfjng the year. Chief Executlve Offlcer.. Janet Gelsthorpe (County Commlssionerl - appointed 01107125 Samantha Harrold - resigned 30106125 PRINCIPAL ADDRESS Unli E Best House Grange Buslness Park Leicester LE8 6EP REGISTERED CHARrrY NUMBER 521779 INDEPENDENT EXAMINER The Rowley5 Partnership Ltd Chartered Accountants Chamwty)d House Harcourt Way Meridian Busines5 Park Leicester Leicestershire BANKERS HSBC Bank plc 6-8 Gallowtree Gate Leicester LE1 6DA Page 1
The Guide Association - Leicestershire Operating as Girlguiding Leicestershire Reference and Administrative Details for the Year Ended 31 December 2025 The trustees present thelr report with the financial statements of the charity for the year ended 31 December 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Finanoal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191. The financial statements have been prepared In accordance with the accounting policies set out in notes to the accounts and comply with the chariiy's goveming document, the Charities Act 2011 and AccoLJnting and Reportlng by Charitles.. Statement of Rlxommended Practice applicable to charities preparlng thelr accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019. OBJECTIVES AND ACTivmES Objectlves and alms To promote the education of glrls and young women to 1p them (levelop emotionally, mentally, physically and spiritually so that they can make a positive contribution to their community and the wider world. Publlc beneflt The trustees have had due regard to the Charity Commlssion guidance on public benefit. Glrlguiding Leicestershire is o branch of Girlguiding. which with its branches forms the United Kingdom's largest voluntary organisation for girls and young women. A report on Girlguidin8 public benefit activitie5 durfng the previous year can be found in its latest Annual Rert. Glrlguidlng Leicestershlre has continued to provide Its ¢)wn publlc benefit activities in particular by provldlng organlsatlonal and adminlstrative support and trainlng to subslthary branches of Glrlgulding ¥thIn the County, and organising activities principally for the benefit of those branches, and also promoting more broadly the charitable objects of Girlguiding for the benefit of girls and young women. Grantmakln8 It Is the policy of the charity to make small grants to any new Rainbow, Brownle, Gulde or Ranger unlt set up ¥thIn the county to asslst wlth start up costs. The charlty also makes grants to representatlves and accompanylng volunteer leaders who have been selected to travel abroad to international Scouting and Guidlng events. Volunteers Volunteers Insplre and wpport girls to share t1r voice and grow In confl¢Jence, glving them a space where they can be themselves, have fun, build new frien(tships, galn valuable Ilfe skills and make a posltlve dlfference to thelr Ilves and thelr communities Page 2
The Guide Association - Leicestershire Operating as Girlguiding Leicestershire Report of the Trustees for the Year Ended 31 December 2025 ACHIEVEMENTS AND PERFORhiANCE Charitable activities Review of Activities during the year given by Janet Ge15thorpe 2025 County Commi5sioner5 Report Girlguiding Leicestershire 15 part of the UK'S largest youth organi5ation dedicated to gir15. With over 5,7 members across Leicester, Leice5ter5hire and Rutland, the impact of our work can be seen within weekly unit meetings, camps, outdoor adventures. across the local commLmity and through our social media platforms. The annual subscription count in February 2025 saw rr*mber5hip figures decline by 3% but adult membership only fell by 1% overall. The Section where growth was seen was in the Ranger age group 114-18 year olds). We contlnue to work on Increasing numbers arKI offerlng flexible opportunltles for adult5. In July, Sam Harrold stepped down from her p051tion as county commi55ioner after five year5 of dedicated servlce In this role, as well a5 five years prior to that as assistant county commissioner. Laura Clarke also flni5hed her role a5 as51Stant county commissioner after five years of service. Janet Gelsthorpe was appolnted as the county commlssloner. To recognise and thank them and to celebrate other volunteers achieving long serwce awards, the leadership development programme and golng away with residential Scheme, a thanks and recognition event wa5 held at our county campsite, Top5tones. During 2025, over 80 leaders were recognised with service awards from 5 years, to 60 years, serv6ce to quldlng. Seven adult meMrS al achleved a reglon Chlef Commlssloner award. Glrlguldlng Lelcester5hire's a0entUre team organlsed events to support unlts to be able to offer all members large scale experlences, ensuring value for mney by keeping Costs affordable. In the 5prlng, Ralnbows enjoyed the Big Spring Sleepover, with over 120 members enjoying afternoon activlty ses5ion5, an indoor campfire and then a sleepover in the classrooms at Judgemeadow Community College. Thls was a new experience for many glrls and leaders. In May, over 200 Guide5, Rangers and young leaders took over the Leicester Outdoor Pursuits Centre ILOPCI for a Water Camp weekend. Actiwtie5 included kayaking, canoeing, improvised raft building, bell boating, stand-up paddleboarding, high ropes, climbing, abseiling, archery, bushcraft and outdoor crafts. We also hosted ILxal councillors and mayors to showcase what we offer to y(wnq women across the county. The highlight of the year was our multi-5ection activity ses5ion5 weekend, held in August at Topstone5. Approximately 750 mernbers took part over the weekend rotating around three zones and finishing with a campfire together. Young members had the opportunity to experience a wide range of activities, including tackling the barefoot walk, relaxing with yoga, bouncing on inflatables, axe throwing. soft archery, fire lighting and 5'more5. Followng the success of last November's Spotlight event, another was held for young member5 aged 13+ Participants took part in challenges, actiwtie5 and qui5, whilst a150 hearing aut the opportunities guiding can offer them, including the Qu.5 Guide award, young leader development programme, Duke of Edinburgh award and much more. Throughout the year, there have been many other events and opportunitTe5, including Duke of Edinburgh award expeditlOll5, bushcraft trainings and archery sessions at both county and local leyel, enabling girls and adults to broaden their experien and develop new Skills. Page 3
The Guide Association . Leice5ter5hire Operating as Girlguiding Leicestershire Report of the Trustees for the Year Ended 31 December 2025 Our international offer grew again in 2025, with two group5 taking part in the Rome to Home event offered by Girlguiding Midlands and several young members and adults being selected to join regional international opportunities. The county prowded an adult member opportunity - The Grand Tour of India - including time spent at the World Association of Girl Guide5 and Girl Scout5, Centre, Sangam. The international tea continues to support those participating in international opportunities wth fundraising events, including campfire5 and raffle5. In July, the county suppy)rted Girlguiding nationally with the TkVI interest badge launch. A small group of girls from each age section spent the day at Top5tones taking part in actiwties linked to the 72 new badges. They met our newest ambassador, Angellica Bell, and grass sledged with Ricky Boleto from Newsround. The confidence 5hovm by our young members speaking about guiding and why it 15 50 important to them was phenomenal and they were all a credit to their lea(iers. Training and 5UPPOrt for voluntr5 continued throughout 2025. with 5ession5 delivered both online and face-to-face. These sessions Included 1st response, safer guiding and programme sessions for the leader development programme ILDPI. 'Around the county, training session5 were held to enable volunteers to complete tralning and networking all in one day at a venue more accessible to them. Volunteers and young member5 trMJk part in Leaming to Lead. a training day to develop leadership skills for both Guide patrol leaders and Brownie sixers. Young leaders took part In termly onllne N*etlngs to dtwelop skllls, galn Informatlon and share experlences. For the first time ever, we held a conference just for young leaders. which offered tralning> networkin4 and fun sessions targeted to support this age group. Commi5sloner support 15 hlghly important to the county, with evenlng5 held termly and re4ular use of social media to Share informatlon. Throughout 2025, commissioners Continl to review unit number5 and identify areas for growth, develop their local teams and ensure unit guiding at a local level is compliant and offers varied opportunlties to girls and young women. Our Guidlng Essentials equipment store continue5 to provide opportunities for leader5 to purchase programme resources and for parents and carers to obtain member5, uniform, whether through visiting the store or using the click-and-collect Service. The store pops up regularly at events, making the most of sale5 opportunities, but alway5 Wlth 5UPPOrt for volunteers at the centre of their offer. The key property as5et5 of 97 Princess Road Easi and Topstones Activily Centre continl to be well- maintained by volunteers for the benefit of rrEmbers, providing memorable opportunities, place5 to meet and training 5pace5. Top5tones enhanced its accommodation this year with the addition of four camping pods, facilitating even more members to have outdoor adventures. This wa5 initially enabled by a donation and grants identified by the team. The county team continue to identify the needs of the charity to best support our membership and are actively working towards a move to a new smaller property which will improve efficiency and provide longer term continued support to our volunteers. In the autumn term, all members were given op[rtUnity to participate in the Your Voice, Our Journey questionnaire to share ideas and suggestions for Girlguiding Leicestershire over the next five year5. Followng this, a successful county conference was held, with the trustee board, management team, district commi55ioners and county adwser5 coming together to reflect, review and forwllulate ideas. From this, a strategy document and five-year plan has been created. Girlguiding wthin Leicestershire and Rutland has continued to make a positive impact on our local communitie5 and on the live5 of girls. Recognition must go to the tremendou5 efforts of the amaing volunteers who give their time freely to ensure girls and young women can benefit from exciting opportunities and great challenges. Janet Ge15thorpe County Commissioner Page 4
The Guide Association - Leicestershire Operating as Girlguiding Leicestershire Report of the Trustees for the Year Ended 31 December 2025 FINANCIAL REVIEW Financial position Thls year a deficit of £19,099 was made, in compariwn with a deficit of E837 for last year. Investment policy and objectives The policy for investments is to maintain the Val of the investment portfolio and to realise a modest income with minimum risk. All the investments are ¥vith CCLA Fund Managers Limited in their COIF Charities Investment Funds as recommended by the Guide Association Trust CorrM)ration. Reserves policy For this purpose, ReseNes are defined as free resee5 i.e. the liquid rewurces avallable to the Trustees to spend at their discretion to achieve the objectives of the organisation. Free reserves in Girlguiding Leicestershlre are the unrestricted funds less the tangible fixed assets and the designated resetve for the rolling maintenance programme of the Headquarters building at Best House, Grange Busine55 Park. The trustees continue to (ksignate £5,1XXI annually to this prosramme. Girlsuiding Leicestershire retains adequate free reserves as working capital to meet it5 day to day needs and safeguard against unexpLrted deficits of income against expenditure. Reserves will be sufficient to cover such deficlts and also allow enough headroom to 0[ wth an uneven cash flow throughout the year. The minimum free reserves figure required is an amount equal to the organisation'5 annual expenditure and Is reviewed annually In the light of changes to expenditure levels and the pattern of cash flows. Any reserves held by the organ15atlon over and above that figure a at the disposal of the trustees to meet their longer term strategic objectives. To the extent that these involve capltal projects, the estlmated amounts will be designated for those purposes in the financial statements. At the year end the balance of ihe unresirfcted funds was £911,779, the balance of the deslgnated fund referred to above was £60,924 and the restricted funds balance was £15,801. Page 5
The Guide Association - Leicestershire Operating as Girlguiding Leicestershire Report of the Trustees for the Year Ended 31 December 2025 FUTURE PLANS Shortly after the year end the aSlatiOn sold its existing premises and moved to newer offices. It is hoped that this move wlll result in lower operating and maintenance expenditure. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The charity is governed by the Constitution of the Executive Cmittee of the Guide Association Leicestershire. Constitution of the Charity The Executive Committee for Lelcestershire wès establlshed In accordance with Bye-Law 9.2 Icl of the Royal Charter of the Guide Association by the Committee of the Council of the Guide Association. The purpose of the Executive Committee for Lelcestershire is to manage the Assoclation's affalrs In the county and to be re¥Jonsible to The Guide Association for the direction and development of the principles alms, pollcy organi5ation an(J rules of the Association as Set out in the Gulding Manual. The voting members of the Executive Committee Leicestershire are the county commissioner for Leicestershire lin the Chairl. one assistant county commissioner for Leicestershire (Vice Chairl, the division commlssloners for Lelcestershire and the rreasurer for the Guide Association . Leicestershlre. Non.votlng members are such other ao*i5ers a5 deemed necessary by the committee. Recrultment and appolntment of new trustees Glrlsuiding Leicestershire is part of Girlguiding Midlands an(J Glrlgulding. Although it operates Independently of these bodie5, there are Ilnks to these tlIeS via meetings and guidelines. The county commissioner Is appointed by the chief cmiSSiOner of Glrlguiding Midland5. All other members of the Executlve Commlttee are aptK)Inted by the county commlssloner. Organlsatlonal structure As per the constitution of the chartty, the EXeC1ve Commlttee manages the as%xlatlon affalrs wlth the Executlve maklns key operational decislons. Once Ils1on$ are made the county commissloner Is responsible for dlsseminatlng Informatlon to staff and ensuring that decislons made by the Executlve a Implemented. Inductlon and tralnlng of new trustees All new trustees participate in commissioner tralnlng. Thls contalns a separate sectlon that detalls the roles and responsibilltles of trustees of a charity. Rlsk management The trustees have assessed the major rlsks to which the charity Is exposed, In partlcular those related to the operations and finances of the charlty. There <k)es tK)t appear to be signlflcant flnanclal fraud dsk. The most slgnificant risk to the charity Is that in the future It wll t)ot able to recrult and retaln sufficlent adult leaders to continue its operation. DBS policy - in addition trustees recognise that all fflbers working with young people could attract rfsk and are therefore DBS checked in line with Girlguiding policy. Approved by order of the board of trustees on ..22JJJ612Q26........................... and slgned on Its behalf by: JGelsthorpe fted ON.05107121126...19.56..IyJ.88T......... elsthorpe - Trustee Page 6
Independent Examiner's Report to the Trustees of The Guide Association - Leicestershire Independent examlner's report to the trustees of The Gulde Assoclatlon - Lelcestershlre I report to the charity trustees on my examination of the accounts of The Guide Association - Leicestershire Ithe Trust) for the year ended 31 December 2025. Responslbllltles and basls of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 1.the Act'i. I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 14515llbl of the Act. Independent examlner's statement Since your charity's gross income exceeded £2XI.IXII your examiner must be a member of a listed body. I can confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed tM)dies. I have completed my examination. I confirm that no material matters have come to my attention In connection with the examination giving cause to believe that in any material respect.. accountlng records were not kept in respect of the Trust as required by Section 130 of the Act,. or the accounts do not accord w6th ihose records. or the accounts do not comply with the applicable requirement5 concerning the form and content of accounts set out In the Charities (Accounts and Reports) Regulations 2(M)8 other than any requlrement that the accounts glve a true and falr vlew whlch Is not a matter consldered as part of an Independent examinatlon. I have no concerns and have come across no other matters In connection with the examlnation to whlch attention should be drawn in this report in order to enable a proper understanth'ng of the accounts to be reached. Paula Swann-Jones signed on 0610712026, 09..14.00 BST Paula Swann Jones FCA The Institute of Chartered kcountants In England and Wales The Rowleys Partnershlp Ltd Chartered Accountants Charnwood House Harcourt Way Meridian Business Park Lelcester Leicestershire LE19 1WP 0610712026 Date: Page 7
The Guide Association - Leicestershire Operating as Girlguiding Leicestershire Statement of Financial Activities for the Year Ended 31 December 2025 2025 Total funds 2024 Total funds Unrestricted Restricted fun¢Js funds Notes INCOME AND ENDOWMEi¥fs FROAI Donations and grants 2,720 2,720 2,454 Charitable actlvltles General activities 154.686 154,686 206,653 ActItIeS to generate funds Investment income Membership subscriptions 14,547 12.821 90.378 14,547 12,821 90.378 9,322 13,612 Total 275.152 275 152 316 581 EXPENDITURE ON Ralsing funds 5.096 2,950 Charltable actlvltles General activitie5 158,715 4,330 163,045 213,711 Other 114837 Total 274,939 279,269 331 498 Net galn5ll1oe$I on Investments 14,582 NET INCOMEIIEXPENDITUREI 114.3691 14,7301 119,0991 18371 RECONCILIATION OF FUNDS Total funds brought foNard 987,on 20,531 1,007,603 1,008,440 TOTAL FUNDS CARRIED FORWARD 988 504 1 007 603 The notes form part of these financial statements Page 8
The Guide Association - Leicestershire Operating as Girlguiding Leicestershire Balance Sheet 31 December 2025 2025 2024 Notes FIXED ASSETS Tangible assets Investments 355.882 378.401 367,707 413 767 14 734,283 781,474 CURRENT ASSETS Stocks Debtors Cash at bank 15 16 3,725 30,646 243 935 1,936 41,802 230 111 278,306 273,849 CREDITORS Amount5 falllnq due w6thln one year 17 124,0851 147,7201 NET CURRENT ASss 254,221 226,129 TOTAL ASSETS LESS CURRENT LIABILITIE5 988,504 1,007,603 NET ASSETS 988 504 FUNDS Unrestricted fund5 Restrfcted funds 19 972,703 987,072 20,531 TOTAL FUNDS The flnanclal statements were approved by the Board of Trustees and authori5ed for Issue on .221061.2026........................... andweresignedonitsbehalf by.. JGelsthorpe d.oft 051Q7 J 8T5thorpe - 26..19-56q3£FBSF.... rustee Helen Monk H%,,* y03A)1120}6 14'.Y". onorary rèasurer rustee The notes form part of these financial statements Page 9
The Guide Association - Leicestershire Operating as Girlguiding Leicestershire Notes to the Financial Statements for the Year Ended 31 December 2025 ACCOUNTING POLICIES Basis of preparing the financial statements The Guide Association - Leicestershire is an unincorporated charity registered in England and Wales. The address of the charity is gfven in the charity information on page 1 of these financial statements. The charity constitutes a public benefit entity as defId by FRS 102. 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 FRS 102 las issued In October 20191, the Flnancial RetN)rting Stanthrd applicable In the Unlted Klngdom and RepLJblic of Ireland IFRS 1021, the Charities Act 2011, and UK Generally Accepted Accounting Practice. The flnancial statements are prepared on a going concern basis under the historical cost conventlon, modified to include certain items at fair value. The financial statennts are presented in sterling which Is the functional currency of the charity antl rOded to the nearest pound. The significant accounting policies applied in the preparation of these financial statement5 are set out below. These policies have been consistently applied to all years presented unless otherwise stated. Income All Income is recognised in the Statement of Financial Activitles once the charity has entitlement to the funds, It Is probable that the income will be received and the amount can be measured reliably. Income to fund the gera1 running costs of the charity is raise(I from rrtmber subscriptlons. Each member contrlbtjtes a levy whlth Is pald at unlt level to Glrlguldlng, Glrlguldlng then dlstdbutes the agreed element to the County. Grants recelved are treated In accordance wfth terms of the grant. Investment income Is earned through holding assets for investment purposes such as shares. It Includes dlvldends and Interest.Interest irKome is rLxognised using the effectlve Interest method and dIend income is recognlsed as the charity's right to recelve payment Is establlshed. For legacles, entltlement Is the earller of the charlty belng notlfled of an Impendlng dlstrlbutlon or the legacy belns received. At this rM)int Income is recognised. On occasion legacies will be notlfied to the charity however It Is Posslble to measure the amount expected to be distrlbuted. On these occaslons, the legacy Is treated as a contlngent asset and dlKlosed. Expendlture Liabilities are recognised as expenditure as soon as there is a legal or constructive obllgatlon committing the charity to that expenditure, it is pmbable that a transfer of economic benefits will be requlred In settlement and the amount of the obligation can be measured LIablY. ExpendSture Is accoLJnted 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 n allocated to actlvltles on a basls consistent th the u of reUrCes. Page 10 continued...
The Guide Association - Leicestershire Operating as Girlguiding Leicestershire Notes to the Financial Statements- continued for the Year Ended 31 December 2025 ACCOUNTING POLICIES- continued Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful Ilfe. Freehold property Topstones Freehold Property Motor vehicles 2% on cost 2%- 10% on cost 20% on cost Tangible fixed assets are stated at cost le accumulated thpreciation and accumulated impaimient losses. Cost includes costs directly attributable to making the a$5et capable of operating as Intended. The depreciation policy adopted by the charity with regards to plant and machinery 15 to write off by 100%. For camping pods, these have been capitalised and <kpreciated over 10 years. Stocks Stocks are stated at the lower of cost and estlmaied selling price less COStS to complete and sell. Cost includes all cost5 Of purchase, costs of conversion and other costs incurred in bringing stock to Its present locatlon and conditlon. Cost is calculaied using the first.in, flrst.out formula. Provlsion Is made for damaged, obsolete and slow.moving st(Kk where approprfate. Taxatlon The charlty Is exempt from tax on Its charltable activities. Expenses are Incluslve of VAT where applicable. Fund accountlng Unrestricted funds can be used In accordance the charltable oblectlves at the dlscretlon of the trustees. The designated funds are unrestricted funds vthich have en set aside for specific purposes by the trustees. Restricted funds can only be used for particular restricted purpose5 Wlthin the objects of the charity. Restrictions arise when specified by the donor or when fund5 are raised for particular restricted purposes. Funds restricted at point of donation linked to capital expenditure cease to be restricted if funds are expended in line with the restrictions per the donationlfunding. The fund5 are released from restriction once applied in aCCordare with the th)nors conditions. Further explanation of the nature and purpose of each fund is included in the note5 to the financial Statements. Investments Investments are recognised initially at cost which Is nomially the transactlon prlce excludlng transactlon costs. Subsequently, they are measured at falr Val th changes recognlsed In 'net gainslllossesl on investments, In the &)FA if the shares are publicly traded or their falr value can othewse be measured reliably. Page11 continued...
The Guide Association - Leicestershire Operating as Girlguiding Leicestershire Notes to the Financial Statements- continued for the Year Ended 31 December 2025 ACCOUNTING POLICIES- continued Debtors and creditors receivablelpayable within one year Debtors and creditors with no stated inierest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure. Gish and cash equivalents Cash and cash eqLJivalents comprise cash in hand and cash on derM)sit. Going Concern The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees haveconsidered the level of funds held and the expected level of income and expenditure for 12 monrhs from authorising the* financial statements. The budgeted income and expenditure Is sufficient with the level of reserves for the charity to be able to continue as a going concern. Penslons and other post-retirement beneflts Deflned contributlon pension plans The charity owrates a defined conirlbutlon penslon plan for Its employees. Leases Rentals payable and re(eivable under operatlng leases are charged to the SOFA on a stralght Ilne bas15 over the period of the lease. Crltl¢al ac¢ountlng estlmates and areas of Jud8ement Certain amounts included in the financial statements involve the u5eof Judgement andlor estlmatlon. The judgements and estimates are based on the Trustees. best knowledge of the relevant facts and clrcumstances and have regard to prior exFerience, but actual results may differ from the amounts Is contained In the accounting policies andlor the notes to the financial statements and the key areas are summarfsed below: Flxed asset Investments are measured at falr value at balatKe sheet date. Page 12 continued...
The Guide Association - Leicestershire Operating as Girlguiding Leicestershire Notes to the Financial Statements- continued for the Year Ended 31 December 2025 DONATIONS AND GRAp¥rs Unrestricted Unrestricted 2025 2024 Restricted 2025 Restricted 2024 tknnations Grant - The Guide Association - Midlands 2,720 2,274 2,720 2,454 AcfiviTIES TO GENERATE FUNDS 2025 2024 Equipment store ft Topstone5 Souvenir income 9,322 INVESTMENT INCOME 2025 2024 Investment income Deposit account interest 11,144 1,677 10,313 3,299 12,821 INCOME FROM CHARITABLE ACTIVITIES General Actlvltles Summary: 2025 2024 Topstones Income Duke of Edinburgh Income Other income Special Event income International Guides income 46,615 1,570 4,970 33,253 41,318 1,390 2,006 133,392 154,686 206 653 Page 13 continued...
The Guide Association - Leicestershire Operating as Girlguiding Leicestershire Notes to the Financial Statements- continued for the Year Ended 31 December 2025 MEMBERSHIP SUBSCRIPTIONS 2025 2024 Membership subscriptions 84,540 Number of Members 5,754 5,957 RAISING FUNDS Other tradin8 actiwties 2025 2024 Topstone5 shop expenditure 5,096 2,950 CHARITABLE ACTIVITIES COSTS General Actlvltles Summary: 2025 2024 Subscrlptions pald over County Day and WeekeThcJ Topstones expenditure Internarional Guides costs aThJ 8raTrts International 8rants Trainin8 Sundry expenses Duke of Edlnbur8h exFeThditure Special Events expenditure Depreciation Topstore5 Publlcity and recruitrnenr costs First response books and supplles Youn8 leader confererKe Awards and presentations 1,B69 1.636 34.969 63.121 9,050 1,710 2,123 33,501 28.143 2,079 579 30.982 10.325 336 955 587 1,059 1,271 128,237 10,325 963 213 711 Page 14 continued...
The Guide Association - Leicestershire Operating as Girlguiding Leicestershire Notes to the Financial Statements- continued for the Year Ended 31 December 2025 OTHER Administration expenses summary: 2025 2024 Staff Salaries Rates - business & water General insurance Light & heat Firellntruder Alarm Rental & Costs Refuse collectlon Property improvements & repairs Equipment improvements ft repairs Depreciation - 97 Princess Road Executive Committee expenses Independent Examination fee & a(CotancY Office administration expenses 63,085 2,433 2.427 6.616 1.297 1.204 4.760 60,126 2,291 2,280 7,388 1,367 908 10,120 1,717 1,500 1,919 6,024 2.973 6.325 18,%)8 111 128 114 837 10. TRUSTEES, REMUNERATION ANO BENEFITS There was no trustees, remuneration or other beneflts for the year en(led 31 December 2025, nor for the year ended 31 December 2024. Trustees. expenses The aggregate amount of expenw relmbursed to 17 12024.. 171 trustees durlng the year was £2,812 12024.. £1,919). These expenses reimburse travel. telephone and postage costs together wlth minor out of pocket expenses. Where a trustee is unable to attend they are able to send a repre5entatlve, who may also recelve a rwmbursement of expen. There were 25 individuals, Includlng 17 trustee5, that received reimbursements for expenses to attend meetings. STAFF COSTS 2025 2024 Gros5 wages Pension costs 61.884 1.201 59,012 60,126 The average monthly number of employees during the year was as follows.. 2025 2024 Average Employees NumrS No employee5 received emoluments in exces5 of £60,IXKJ. Page 15 continued...
The Guide Association - Leicestershire Operating as Girlguiding Leicestershire Notes to the Financial Statements- continued for the Year Ended 31 December 2025 INDEPENDENT EXAMINATION The total fee paid to the independent examiner was £6,325 including VAT {2024: £6,024 including VATI which was for the independent examination and accountancy. TANGIBLE FIXED ASSETS Topstones Freehold Property Freehold property Akjtor vehicles Totals COST At 1 January 2025 and 31 December 2025 DEPRECIATION At 1 January 2025 Charge for year 37,5(Kl 230,157 16.745 284,402 At 31 December 2025 39,(Kl) 240,482 16,745 296,227 BOOK VALUE At 31 December 2025 186,C 169.882 355,882 At 31 December 2024 187,5(Xl 367 707 Included In the cost or valuation of 97 Prfncess Road East property is freehold land of £150,O)012024 £150,OCM)I whlch Is noi depreclated. Slnce the end of year 97 Prfncess Road East has been sold for £445,tXIO le55 Costs of £12,082. 14. FIXED ASSET INVESTMENTS Listed Investments MARKET VALUE At 1 January 2025 Disposals Change In market value 413,767 120,3841 14 9821 At 31 December 2025 BOOK VALUE At 31 December 2025 At 31 December 2024 413,767 There were no investment assets outside the UK. The historical c05t of investments is £369.9)2 {2024 - £389.9)21. Page 16 continued...
The Guide Association - Leicestershire Operating as Girlguiding Leicestershire Notes to the Financial Statements- continued for the Year Ended 31 December 2025 14. FIXED Ass INVESTMENTS- continued Equity Income Trust Accumulation units, included in the above and valued at £15,801 are held as a restricted fund representing a maintenance fund for Topstones. STOCKS 2025 2024 Stock 3.725 1,936 16. DEBTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 2025 2024 Other debtor5 Equipment store service charge & surplu5 International event in athance Other events deposit paid in advance Asset dep051t5 paid in athance Prepayments - Insurance 1,231 3,280 2,823 1,120 911 33,440 95 14,185 9,032 6,331 CREOITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Other crethtors International events athance Other events advance Independent examinatlon & accountancy 3,410 8,950 7,036 33,165 1,495 6,024 24,085 Page 17 continued...
The Guide Association - Leicestershire Operating as Girlguiding Leicestershire Notes to the Financial Statements- continued for the Year Ended 31 December 2025 18. ANALYSIS OF NET AssEfs BEfwEEN FUNDS 2025 Total funds 2024 Total funds Unrestricted Restricted funds funds Fixed assets Investments Current assets Current liabilities 355.882 362,61KJ 278,306 24.0851 355,882 378,401 278,306 24 0851 367,707 413.767 273.849 47.7201 15,801 972 703 19. MOVEAIENT IN FUNDS Net movement In funds Transfers between funds At 31.12.25 Al 1.1.25 Unrestrlcted funds General fund Designated fund - Rolling Maintenan Programme 931.148 114,3691 15,WOI 911,779 55,924 60,924 987.072 114,3691 972,703 Restrlcted funds Donation for providin8 a malntenarKe fund 20,531 14,7301 15,801 TOTAL FUNDS Net movement In funds, Includetl In the at4)ve are as follows: Incomlng rey)urces Resources expended Gains and hlovement losses In funds Unrestrlcted funds General fund 275,152 1274,9391 114,5821 114,3691 Restrlcted funds Donatlon for ProdIng a malntenance fund 14,3301 14001 14,7301 TOTAL FUNDS 275,152 279,2691 14,9821 19,0991 Page 18 continued...
The Guide Association - Leicestershire Operating as Girlguiding Leicestershire Notes to the Financial Statements- continued for the Year Ended 31 December 2025 19. MOVEMENT IN FUNDS- continued Comparatives for movement in funds Net movement in funds Transfers between funds At 31.12.24 At 1.1.24 Unrestrlcted funds General fund Designated fund - Rolling Maintenan Programme 929,560 6,588 (s,0) 931,148 55,924 989.952 12,8801 987,072 Restrlcted funds Donatlon for provldlng a malntenance fund 18,488 2,043 20.531 TOTAL FUNDS 1,(J)8,440 837) 1 007 603 Comparatlve net movement in funds, Included In the above are as follows.. Incomlng resource5 Resource5 expended Gain5 and hlovement losses In funds Unrestrlcted funds General fund 316,581 1331,4981 12,037 12,8801 Restrlcted funds t)onatlon for prodIng a malntenance fund 2,043 2,043 TOTAL FUNDS 316 581 331 4981 Restrlcted funds The restrlcted fund Is made up an orfglnal donation of £10,LXKI for the upkeep of Topstones Invested In accumulatlon unlts which are now valued at £15,801. Deslsnated Funds The rolling maintenance programme is for Princess Road East into which is put £5,(Ml] a year. This fund I1[ be carr(ed forward for the malntenance of Best House, the AsyKlatlons new head quarEers. Page 19 continued...
The Guide Association - Leicestershire Operating as Girlguiding Leicestershire Notes to the Financial Statements- continued for the Year Ended 31 December 2025 19. MOVEMENT IN FUNDS- continued Transfers between funds Transfers are made between the funds to bring them in line with the exnditUre that Is transferred between the general and the designated funds during the year. 20. FINANCIAL COMMITAIENTS The Associatlon had total guarantees and commltments at the balance sheet date of £1,271 12024 . £1,835). 21. RELATED PARTh DISCLOSURES There were no related party transactions for the year ended 31 December 2025 and 31 December 2024. Page 20