FLYNN & .harity aXum1Y't Zero-8-Teen Annual Re ort and Audited Financlal Statements For the Financial Year Ended 31 Marcb 2025
Charity Number: NIC 100211 Zero-8-Teen Annual Re ort 2nd Audited Financial Statements For the Financial Year Ended 31 March 2025 Contents Pa Trustees and Other Infonnation Trustees, Report Statement of Trustees, Responsibilities Independent Auditor's Report 10 Statement of Financial Activities Balance Sheet 12 Notes to Financial Statements Supplementary Inforniation relating to the Financial Statements 21-22
Charity Number: NIC 100211 Zero-8-TeeD Trustees and other Information Trustees Jill Neill Sinead Morrow Grainne Mcconville Michelle Mccrink Ann McKernan Annette May Mandy Rodgers Sarah Ruddy Anthony Murray Louise Wilson Charity Number in Northern Ireland NIC 100211 Principal Address Moylinn House 2 l Leoahory Centre Brownlow Craioavon Co Arniagh BT65 5BE Auditors Flynn & Company Accountants Limited Chartered Accountants & Registered Auditors 28 CaTleton Street Portadown Co Amiagh BT6? )EP Bankers Co-operative Bank Po Box 250 Delf House Soiithway Skelmerdale WN8 6WT Progressive Building Society Progressive House 33-37 Wellington Place Belfast BTI 6HH Solicitors P Mcmahon Solicitor 74 Edward Street LuTITan Co Annagh BT66 6DB
Charity Number: NIC 100211 Zero-&Teen Trustees, Re ort For the Financial Year Ended 31 March 2025 The trustees present their Trustees, Report and the audited financial statements for the financial year ended 3 l March 2025. The financial statements are prepared in accordance ivith the Charities (Protection and Social Investment) Act 2016, FRS 102 "The Financial Reporting Standard applicable ITI the UK and Republic of Ireland" and Accountints and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reportin(y Standard applicable in the UK and Republic of Ireland (FRS 102 - effective l January 2019). The Trustees Report contains the information required to be provided in the Trustees, Annual Report under the Statement of Recommendation Practice (SORP) . ouidelines. The trustees of the charity are also charity trustees for the piirpose of charity law and under the charity's constitution are known as members of the board of trustees. In this report the trustees of Zero-8-Teen present summary of its purpose, govemance, activities, achievements and finances for the financial year ended 31 March ?025. The charity is a registered charity and hence the report and results are presented in a form which complies ivith the requirements of the Charities Act (Northem Ireland) 2008, The Charity (Accounts and Reports) Regulations (Northern Ireland) 2015 and the Charities SORP (FRS 102). The persons who served the charity as Trustees during the year were as follows: Jill Neill Sinead Morrow Grainne Mcconville Michelle Mccrink Ann McKeman Annette May Mandy Roduers Sarah Ruddy Anthony MUaY Louise Wilson Review of Activities, Achievements and Performance Zero 8 Teen provide an affordable flexible day care service for children aged O to 12 and their families. The direct benefits which flow from this purpose are that parents can work or return to work and or return to education. Zero 8 Teen provide additional support and services to families in an area of high unemployment and social disadvantage. Zero 8 Teen is a non profit making organisation and all surpluses are reinvested in its charitable purpose. 2025 has proved once again to be a busy year for Zero 8 Teen. Fundeis have continued to support Zero 8 Teen's setting and to make improvements to the nursery environment and to keep costs maiiageable for all families. Zero 8 Teen has had successful inspections with social services once a(vain for both daycare and after schools.
Charity Number: NIC 100211 Zero-8-Teen Trustees, Re ort For the Financial Year Ended 31 March 2025 Trustees, Report Cont'd... Zero 8 Teen looks fonvard to 2026 to continue its provision of service. Financial Review The results for the financial year are set out on pac¥e I l and additional notes are provided showing income and expenditure in greater detail. Zero 8 Teen had a financial deficit in the year of £4,255. The Board of Trustees are confident that the charity will return to surplus in thc year to J l March 2026. The Board consider the deficit has no impact on its ability to continue as a going concern. Reserves Policy Zero 8 Teen will maintain unrestricted surplus finances as reserves, in an effort to service financial reserves that will ensure the core activities of Zero 8 Teen would continue during a period of unforeseen circumstances. Results and Dividends The charity has reported a deficit of incomc over expenditure for the year of £(4,255) (2024: £4,408 surplus). At the end of the financial year the charity has assets of £312,222 (?024- £3 l6,216) and liabilities of £20,589 (2024.. £20,428). The net assets of the charity have decreased by £4,255 to £291,6J3 (2024: £295,888). The Board of Trustees consider the deficit has been incurred principally as a result of increasintt payroll costs. There are no material uncertainties about the charity's ability to continue at a going concern. Structure, Governance & Management Z¢ro 8 Teen is a charity governed by its constitution. Zero 8 Teen is recognised by the Charity Commission of Northern Ireland under the registration number NIC 100211. Zero 8 Teen is under the control of its Board of Trustecs. New trustees are recruited and appointed in accordance with the goveming document. Reference and administration details are included at page 3. Accounting Records The Board of Trustees are responsible for ensuring that adequate accounting records are maintained in accordance with the Charities Act 2006. These records must be suificient to show and explain the chaiity's transactions, disclose with reasonable accuracy the financial position of the charity at any time, and enable the trustees to prepare compliant financial statements. The trustees confinn that proper systems and controls were in place during the year to safeguard the charity's assets and to support the timely and accurate recording of income and expenditure. Donations In the financial year Zero 8 Teen made no political or charitable donations.
Charity Number: NIC 100211 Zero-8-Teen Trustees, Re ort For the Financial Year Ended 31 March 2025 Trustees, Report Cont'd... Compliance with Sector-wide Legislation and Standards The charity engages pro-actively with legislation, standards and codes which are developed for the sector and subscribes to and is compliant with tlie following: The Charities Act (Northern Ireland) 2008 The Charities SORP (FRS 102) Auditors The auditors, Flynn & Company, Chartered Accountants, will be proposed for re-appointment at the fortlicoming Annual General Meeting Approved by the Board of Trustees on 8 December 2025 and signed on its behalf by: Trustee
Charity Number: NIC 100211 Zero-8-Teen Statement of Trustees, Res onsibilities For the Financial Year Ended 31 March 2025 The trustees are responsible for preparlng thc fInancial statemcnts in accordance with applicable law and regulations. The law applicable to charities in Northern Ireland requires the trustees to prepare financial statements for each financial year which gives a true and fair view of the assets, liabilities and financial position of the charity as at the financial year end date and of the surplus or deficit of the charity and otherwise comply with the Charities Act (Northern Ireland) 2008. In preparing financial statements, the trustees are require to: Select suitable accounting policies and apply them consistently. Observe the metliods and principles in the Charlties SORP. Make judgements and estimatcs that are reasoiiable and prudent. State whether tlie financial stateineiits have been prepared in accordance with the relevant financial reporting framework, identify those standards, and note the effect and the rcasons for any matcrial departure from those standards. and Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will coiitinue in operation. The trustees confirm they have complied with the above requirements in preparing the fInancial statements. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act (Northern Ireland) 2008. They are also respoiisible for safeguarding the assets of thc charity and hence for taking responsible steps for the prevention and detection of fraud and otlier irregularities. Approved by the Board of Trustees on 8 December 2025 and signed on its behalf by: Jill Nelll Trustee
Charity Number: NIC 100211 Zero-8-Teen Inde endent Auditor's Re ort To the Members of Zero-8-Teen Report on the audit of the Financial Statements Opinion We have audited the charity financial statements of Zero-8-Teen ( the charity") for the financial year ended 31 March 2025 which comprise the Statements of Financial Activities, the Balance Sheet and notes to the financial statem¢nts, including the summary of significant accounting policies. The financial reportino framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Accountino and Reporting by Charities Statement of Recommended Practice applicable to charities prepariniv their accounts in accordance with FRS 102. In our opinion, when reporting in accordance with fair presentation framework the financial statements-. give a true and fair view of the state of the Charity's affairs as at 31 March 2025, and of its deficit for the financial year then ended. have been propcrly prepared in accordance with the Financial Reportino Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective l January 20I5)- (Charities SORP (FRS 102), the Financial Reportino Standard applicable in the UK and the Republic of Ireland (FRS102). have been prepared in accordance with the requirements of the Charities Act (Northern Ireland) 2008. Basis for opinion We conduct our audit in accordance vvith International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of the report. We are independent of the charity in accordance with 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 Nvith these requirements. We believe that the audit evidence we have obtained is sufyicient and appropriate to provide a basis for our opinion. Conclusions relating to going coneern In auditing the financial statements. we have concluded that the trustees, use of the goino concern basis of accoiinting in the preparation of the financial statements is appropriate. Based on the Nvork Nve have perfornied, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from the date 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. Other Information The other inforniation comprises the inforn]ation included in th¢ annlial report other than the financial statements and our ALiditor s Report thereon. The trustees are responsible for the other inforn]ation contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent othenvise explicitly stated in our report. we do not express any fonn of assurance conclusion thereon.
Charity Number: NIC 100211 Zero-8-Teen Inde endent Auditor's Re ort To the Members of Zero-8-Teen Inde endent Auditor's Re ort Cont'd Our responsibility is to read the other information and, in doing so, consider whether the other infonnation is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit. or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to detern]ine whether this gives rise to a material misstatement in the financial statement themselves. 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. Matters on which we are required to report by exception In light of our knowledge and understandinu of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees, Report. We have nothing to report in respect of the following matter where Charities (Accounts and Reports) Regulations (Northern Ireland) 2015 requires us to report to you if, in our opinion: adequate accounting records have not been kept. or the financial statements are not in agreement with the accounting records and returns- or certain disclosures of trustees, remuneration specified by laiv are not made. or Ive have not received all the infom]ation and expiations we require for our audit Responsibilities of trustees for the financial statements As explained more fully in the Statement of Trustees, responsibilities set out on page 6, 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 intemal control as they detemine is necessary to ¢nabl¢ the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial stat¢tn¢nts, the trustees are responsible for assessing the charity's ability to continue as a goiniv concern. disclosin(r as applicable. matters related to going concern and iisino the going concern basis of accounting unless mana(yement either intends to liquidate the charity or to cease operations, or has no realistic alternative but to do so. Auditor's responsibilities for the audit of financial statements Oiir objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatements, whether due to fraud or error, and to issue an Auditor's Report that includes our opinion. Reasonable assurance is a high level of assurance but, is not a guarantee that an aiidit conducted in accordance with ISAS (UK) will always detect a material misstatement Nvhen 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. Irreiyularities, including fraud, are instances of non-compliance with laivs and regulations. We design procedures in line with our responsibilities, oiitlined above, to detect material misstatements in respect of irre(VLilarities, including fraud. The extent of which our procedures are capable of detecting irregularities, including fraud is detailed below.
Charity Number: NIC 100211 Zero-8-Teen Inde endent Auditor's Re ort To the Members of Zero-8-Teen In identifying and assessing the risks of material misstatement in respect of irregularities, including fraud, we considered the following.. The nature of the sector in which the charity operates, its control environment and business perfomiance. Making enquiries of directors and senior management, includino obtaining and reviewing supporting documentation, concerning the company's policies and procedures relatino to: Detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud; and The internal controls established to mitittate risks related to fraud. Discussing among the engagement team how and where fraud might occur in the financial statements and any potential indicators of fraud. In common with all audits under ISAS (UK). we are required to perform specific procedures to respond to the risk of mana(vement override. In addition to this, our procedures to respond to risks identified included the folloiving: Reviewing the financial statement disclosures and testing to supportino documentation to assess compliance Nvith the provisions of relevant laivs and regulations that have a direct impact on the financial statements. Enquirin(r of directors, senior mana(Fement and external legal counsel concerning actual and potential litigation and claims. Perfom]ino ana1ical procedures to identify any unLisual or unexpected relationships that may indicate risks of material misstatement due to fraud- and In addressing the risk of fraiid throu(rh management override controls, testing the appropriateness of journal entries and other adjustments" assessing whether the judgements made in making accounting estimates are indicative of a potential bias and evaluating the business rationale of any significant transactions that are unusual or outside the nomal Course of business. iii) iv) We also communicated potential fraud risks to all engagetnent team members and remained alert to any indications of fraud throughout the aiidit. Further information regarding the scope of our responsibilities as auditor As part of an audit in accordance ivith ISAS (UK), we exercise professional jiidiFement and maintain professional scepticism throughout the audit. We also.. Identify and assess the risks of material misstatenient of financial statements, whether due to fraud or error, desiirn and perfom] audit procedures responsive to those risks, and obtain audit evidence that is sufFicient and is higher than for one resulting from error, as fraud may involve collusion. forgery, intentional omissions. misrepresentations, or the override of intemal control. Obtain an understanding of internal control relevant to the audit in order to desiun audit procedures that are appropriate in the circumstances, but not for the purpose of exprcssin(y an opinion on the effectiveness of the charity's internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by trustees. Conclude on the appropriateness of the trustees, use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events OT conditions that io
Charity Number: NIC 100211 Zero-&Teen Inde endent Auditor's Re ort To the Members of Zero-&Teen may cast significant doubt on the charity's ability to continue as a going concern. If we conclude that a material unccrtainty exists, we are required to draw attention to our Auditor's Report to the related disclosures in the finaiicial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of the Auditor's Report. However, future events or conditions may cause the charity to cease to continue as a going concern. Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicat¢ with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit. The purpose of our audit work and to whom we owe our responsibilities This report is made solely to the charity's mcmbers, as a body, in accordance with part 4 of the Charities Accounts and Reports Regulations (Northern Ireland) 2015. Our audit work has been undertaken so that we might state to the charity's members those tnatters we are required to state to them in an auditor's report and for no other purposc. To the fullest extent pennitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's members as a body, for our audit work, for this report, or for the opinions we have forn]ed. Kieran McGeough ( For and on behalf of Flynn & Company Accountants Limited Chartered Accountants and Registered Auditor 28 Carleton Street Portadown Co Armagh BT62 3EP nior Statutory Auditor) 8 December 2025 li
Charity Number: NIC 100211 Zero-8-Teen Statement of Financial Activities For the Financial Year Ended 31 March 2025 Unrestrieted Restricted Funds Funds 2025 2025 Unrestricted Restricted Funds Funds 2024 2024 Total Total Notes Incomin Resources Activities for generating funds Other Income 3.1 372,283 198,598 570.881 348,193 I77,604 525,797 713 Total incoming resources 372,996 198,598 571,594 J48,193 177,604 525,797 Resources Ex ended Charitable activities 4.1 (381,751) (194,098) (575,849) (337,115) (l84,?74) {5?I,389) Net ineomingloutgoing resources before transfers Gross transfers between funds (8,755) 4,500 (4,255) 11,078 (6,670) 4,408 Net movement in funds for the financial year (8,755) 4,500 (4,255) 11,078 (6,670) 4,408 Reconciliation of funds Balances brought forward at 13 l April 2024 264,J23 31,565 295,888 253,245 38,235 291,480 Balances carried forward At 31 March 2025 £255,568 £i6,065 £291,633 £264,323 £31,565 £295,888 The Statement of Financial Activities includes all gains and losses reco(ynised in the financial year. All income and expenditure relate to continuing activities. 12
Charity Number: NIC 100211 Zero-8-TeeD Balance Sheet as at 31 March 2025 2025 2024 Notes Fixed Assets Tangible Assets 26,184 29,332 Current Assets Debtors Cash at bank and in hand 21,323 264,715 17,578 269,406 286,038 286,984 Creditors: Amounts falling due witbin one year 10 (20,589) (20,428) Net Current Assets 265,449 266,556 Total Assets less Current Liabilities £291,633 £295088 Funds General Fund (unrestricted) Restricted Trust Funds 255,568 36,065 264,323 31,565 Total Funds 13 £291,633 £295,888 Approved by the Board of Trustees and authorised for issue on 8 December 2025 and signed by: Trustee 13
Charity Number: NIC 100211 Zero-8-Teen Notes to the Financial Statements For the Financial Year Ended 31 Mareh 2025 GENERAL INFORMATION Zero-8-Teen is a charity established in Northern Ireland. The registered office of the charity is Moylinn House, 21 Legahory Centre, Brownlow. Craigavon, Co Arniagh, BT6) iBE, Northem Ireland which is also the principal place of business of the charity. The financial statements have been presented in Pound Sterling (£) which is also the functional CUenCY of the charity. Zero 8 Teen is considered a Public Benefit Entity (as defined by FRS 102). Zero 8 Teen provides principally an affordable flexible day care service for children and their families and also provides additional support 2nd services in an area of high unemployment and social disadvantage. Zero 8 Teen is considered a Public Benefit Entity (as defined by FRS102). SUIVLIVIARY The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the charity's financial statements. Currency The financial statemenls are prepared and presented in £GBP. Basis of preparation The financial statements have been prepared on the going concern basis under the historic21 cost convention. The financial statements have been prepared in accordance with the Charities Act (Northern Ireland) ?008 and the Charities SORP (FRS 10?) (effective l January 2019). Statement of compliance The financial statements of the charity for the financial year ended ) I [arch ?02J have been prepared on the (roing concern basis and in accordance with the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charitie5 preparing their ac¢ount5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS I O?" (effective l January ?019). Ineoming Resources Entitlement to legacies is considered established when the charity has been notified of a distribution lo be made by the executors. Income received in advance of due perfomance under a contract is accounted for as deferred income until eamed. Grants for activities are recognised as income when the related Conditions for legal entitlement have been met. All other income is accounted for on an accruals basis. Resources Expellded All resources expended are accounted for on an accruals ba515. Charitable activities include costs of services and grant, support costs and depreciation on related assets. Costs of oenerating funds similarly include fundraising activities. Non- staff costs not attributed to one category are allocated or apportioned pro-rata to the 5tatfing of the relevant service. Finance, HR, IT and administrative slaff costs are directly attributable to individual activities by objective. Govemance costs are those associated with constitutional and statutory requirements. Tangible fixed assets and depreciation Tangible fixed assets are stated al cost, less accumulated depreciation. The ¢harge to depreciation is calculated to write off the original cost or valuation of tangible fixed assels, less their estimated residual value, over their expected useful lives as follows: Play Equipment Fixtures & Fittings Kitchen & oifice Equipment 200/0 Reducing Balance ?OO/o Reducing Balance 20 % Reducing Balance Cost & Impairment ofA55et5 Assets are recorded at cost which comprises the purchase price and any costs directly attributable to bringing the asset into working condition or intended use. For donated Lssets, cost Is defined as the fair value at the date of the donation. where this can be measured reliably. 14
Charity Number: NIC 100211 Zero-8-Teen Notes to the FinaTheial Statements For the Financial Year Ended 31 March 2025 Continued... At each reporting date. the charity reviews the carying amount of its tangible assets to delemiine whether there is any indication that those assets may be impaired. If any such indication exists the recoverable amount of the asse¢ is estimated. An impairnient Ioss is recognised where the carrying amount of an a55et exceeds its recoverable amount. The recoverable amount is the higher of- the asset's fair value less costs to sell, and its value in use or Service potential. For assets held for charitable use that do not generate cash flows, SeIce potential is assessed based on the asset's continued ability lo contribute to the organisalion's objectives. Impairment losses are recognised immediately in the Statement of Financial Activities. Where an impaimient loss subsequently reverses, the canying amount of the asset is increased to the revised estimate of recoverable amount, but not above the amount that would have been determined has no impairment been recognised. Reversals of impaim)ent a recognised in the period in which they arise. Debtors Debtors are recognised at the settlement amount due. Prepayments are vallied at the amount prepaid. Income recognised by the charity from government agencies and other eo-funders, but not yet received at the year end, is included in the debtors. The charity assesses debtors at each portIng date to detemine whether there is objective evidence that they are impaired. Cash at bank and in band Cash at bank and in hand comprises cash on deposit at bank requiring les5 than 3 months, notice of withdrawal. Creditors & Provisions Creditors and provisions are recounised 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 provi5i0ns are nonnally recognised at their settlement amount after allowing for any trade discount5 due. Taxation No Current or deferred Iation arises as the charity h&8 been granted charitable exemption. Fund Accounting Unrestricted funds are general ndS that are available for use at the Trustees, discrelion in furtherance of the objectives of the Charity. Designated funds are unrestricted funds set aside by the trustees out of unrestricted general funds for specific future purposes. Restricted funds are those given for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose. 15
Charity Number: NIC 100211 Zero-8-TeeTh Notes to the Financial Statements For the Financial Year Ended 31 March 2025 OTHER INCOME Other Tr2ding Activitie5 Unrestricted Funds Restricted Funds 2025 2024 Incoming resources from charitable activities Voluntary income 372,283 713 198,598 570,881 713 52i,405 392 372,996 198,598 i71,594 525,797 3.2 Other Income Unrestricted Funds Restricted Funds 2025 2024 Bank interest 713 713 EXPENDITURE Charitable Activities Direct Costs Other Costs Support Costs 2025 2024 Charitable activities 480,594 88,709 569,303 j13?70 SUPPORT COSTS Charitable Activitie5 2025 2024 Resources and supplies Rent Insurance Training Premises expenses Office expenses Travel Legal and professional Audit and accountancy Bank fees General 17,771 41,430 4,541 1,808 4,850 7,791 1,418 4,984 17,771 41,430 4,)41 1,808 4,850 7,791 1,418 4,984 3,300 816 10,414 42,115 4,)03 3,84? 9,088 I,)66 4.227 816 82? 213 88,709 88,709 82,011 NET INCOMING RESOURCES Net Incoming Resource5 and stated after charging 2025 2024 Depreciation of tangible assets Auditors Remuneration 6,)46 8,119 3,300 16
Charity Number: NIC 100211 Zero-8-Teen Notes to the Financial Statements For the Financial Year Ended 31 March 2025 EMPLOYEES AND REMUNERATION Number of employees The average number of persons eTnployed (tncluding executive trustees) during the fmancial year was as follows.. 2025 2024 Employees 30 32 The staff costs comprise-. 2025 2024 Waoes and salaries Pension costs 446,964 14,5?3 409,988 10,589 461,487 420,577 No employee received remuneration in excess of £40,000. No member of the Board of trnstees is paid remuneration by Zero 8 Teen. No trustee expenses have been incurred. TANGIBLE FIXED ASSETS Play Equipment Fi¥tures & Kitchen & Fitting5 Office Equipment Total Cost At l April 20?4 Additions in year 76,926 li,019 37,329 129,?74 3,398 At 31 March ?02) 79,286 15,019 38,367 13? 672 Depreciation At l April 20?4 Charge for the financial year 53,603 5,137 14.6?0 80 31,719 1,329 99,942 6,)46 At 31 March 202) 58,740 14,700 33,048 106,488 Net book value At 31 March 20?) £20.546 £319 £i,3l9 £?6,184 At 31 March 20?4 £23.323 £399 £5,6lO £?9,J3? DEBTORS 2025 2024 Trade debtors Other debtor5 l7,9)2 17,578 £21.323 £17,i78 17
Charity Number: NIC 100211 Zero-8-Teen Notes to the Financial Statements For the Financial Year Ended 31 March 2025 io. CREDITORS Amounts falling due within one year Taxation and social security costs (Note I l ) Accruals and deferred incorne 2025 2024 12,289 8,300 12,1?8 8,300 £20,589 £20,428 ii. TAXATION AND SOCIAL SECURITY Creditors PAYEtNIC & Payroll 2025 2024 12,?89 £1? 128 12. RESERVES 2025 2024 At l April 2024 (Deficit) Surplus for fmancial year 295,888 {4,2ii) 291,480 4,408 At 31 March 20?) £291,633 £295,888 13. FUNDS 13.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestricted Funds Restricted Funds Total Funds At )1 March 2023 Movement during financial year 253,245 11,078 291,480 4,408 (6,670) At ) l March 20?4 Movement during ftnancial year 264,3?3 (8,755) 31,56) 4.iOO 295,888 (4,2))) At 31 March 202) £255,i68 £J6.065 £291,633 lJ.2 ANALYSIS OF MOVEMENT ON FUNDS Balance l April 2024 Transfers Balance Between 31 March Funds 2025 Income Eypenditure Unrestricted Unrestricted Restricted Funds Restricted 264,J23 372,996 (381,751) 2ii,i68 31,565 198,i98 (194,098) 36,06) Total funds £295,888 £571,i94 £(i75,849) £291.633 18
Charity Number: NIC 100211 Zero-8-Teen Notes to the Financial Statements For the Financial Year Ended 31 March 2025 13.3 ANALYSIS OF NET ASSETS BY FUND Fixed Assets Current Assets Current Liabilities Total Restricted trust funds 36,06) 36,065 Unrestricted trust funds 26,184 249,973 (20,589) 255.568 £26,184 £286,038 £(20,589) £291,633 14. POST-BALANCE SHEET EVENTS There have been no significant events effecting the Charity since the fmancial year end. 15. RELATED PARTY TRANSACTIONS The charity had no transactions with any related party in the financial year. 16. INDEPENDENT AUDITOR'S REMUNERATION The independent auditor's remuneration amounts to an independent audit fee of £3.JOO (?024.'£3,iOO). 17. TRUSTEE REMUNERATION The trustees did not receive nor did they waive any remuneration during the current rtnancial year (?024: £Nil). 18. CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS In preparino these fmancial statements, management is required to make estimate5, assumptions, and judgements that affect the reported atnount of assets, liabilities, income, and expenditure, as well as the related disclosures. Actual results may differ from these estimates. The key areas where management has exercised significant judoement or made estimates that have a material impact on the financial statements are set out below. (i) V21u2tion of Donated Goods and Services The charity receives donated (roods and services, including volunteer time, which may be recoonised in the financial statements where they meet the criteria of being measurable and capable of reliable valuation. Estimates are applied in detenninino the fair value of such donations. based on market prices, replacement cost, or other relevant valuation techniques. (li) Assessment of Restricted Funds Judgement is required in assessing whether income received is subject to donor-irnposed restrictions. Management revieivs donor agreements, correspondence, and grant tern]s to detern]ine the appropriate classification between restricted and unrestricted funds. (iii) Recognition of Grant Income Grant income is recoonised ivhen the charity has entitlement, receipt is probable, and the amount can be reliably measured. For mulli-year Crrants or perforrnance-related grants. management exercises judtretnent in detennining the stage of completion, whether conditions have been met, and the extent to which income should be recognised in the reportino period (iv) Provision for liabilities and comlnitments Provisions are recognised when the charity has a present legal or constructive obligation as a result of a past event, and it is probable that settlement will be requiTed. E5timate5 are applied in detennining the amount of the expected outflow, particularly for obligations relatino to contractual commitments, legal matters, or grant Cotnmitmenls to partners. 19
Charity Number: NIC 100211 Zero-8-Teen Notes to the Financial Statements For the Financial Year Ended 31 March 2025 (v) Depreciation and Useful Economic Lives of Fixed Assets The depreciation charge is based on manaoeTnent-'s estimate of the use1 econotnic life of each asset. These estimaces are reviewed regularly and updated to reflect current expectations of asset use, technological chanoes, and operating conditions. (vi) Impairtnent of Asset5 Judgement is applied in assessin whether indicators of impairment exist for tangible or intangible assets. Where such indicators are present, mana(rement estimates the recoverable amount of the asset based on expected future cash flows or service potential. Management believes that the estimates and judgements applied are appropriate and based on the best information available at Ihe time of approval of the financial statements. 20
Charity Number: NIC 100211 Zero-8-Teen lementar Information Relatin to the Financial Statements For the Financial Year Ended 31 Mareh 2025 Not covered b the re ort of the Auditors 21
Charity Number: NIC 100211 Zero-8-Teen lementar Information eratlll Statement for the Financial Year End 31 March 2025 2025 2024 Income Childcare fees Southem Health Trust- In Kind Fundraising Chartse for administration services SH & SCT- Day Care Pathway Fund Early Years EYDF SH & SCT- Splash Sure Start SH & SCT- Contact Centre Bright Start One off Funders Donations Grant Aid Bank Interest J5J,085 26,405 334,970 26.405 39? 11.511 35.490 32.000 30,000 600 4i,i14 ?9,985 12,311 53,834 38,718 12,151 3,437 500 1.3?0 713 571,594 525,797 Gross surplus 571594 525,797 Expenses Wages and salaries Pension costs Staff training A¢ce55 Nl Parties and outings Provisions & Consumables Rent Insurance Uniforms Aifilialion fees Repairs and maintenance Postage, stationery and advertising Computer & software Telephone Travelling Leual and professional Audit and accountancy Bank charges Bad debt General expenses Charilable donations & uifts Depreciation 446,964 14,)23 1,808 409.988 10,)89 1,921 9,486 3,860 1?,51? 41,430 4,541 1,399 6)) 4,8iO 2,106 3,025 2,660 1.418 4,3?9 3,300 816 7,8?8 42,115 4,)03 4?1 1,686 ?,676 1,566 3,806 3,300 4)) ?13 741 8,119 6,)46 575.849 i21,389 Net (Deficit)ISurplus for the year £(4 ? ji) 22