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 And￿a 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 Re￿rt. 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 t￿1r 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 meM￿rS al￿ achleved a reglon Chlef Commlssloner award. Glrlguldlng Lelcester5hire's a0￿entUre 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 qui￿5, whilst a150 hearing a￿ut 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 volunt￿r5 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 rese￿e5 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 aS￿￿latiOn 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 C￿￿mittee 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 t￿lIeS via meetings and guidelines. The county commissioner Is appointed by the chief c￿miSSiOner 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 EXeC￿1ve Commlttee manages the as%xlatlon affalrs wlth the Executlve maklns key operational decislons. Once I￿ls1on$ 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