TinyLife (A company limited by guarantee) Annual report and financial statements for the year ended 31 March 2025 Charity Registration Number: NIC 101869 Company Registration Number: Nl 037799
TinyLife (A company limited by guarantee) Financial Statements Year Ended 31 March 2025 Contents Pages Charity Referenc¢ Number and Adininistrative Details Trustees, Annual Report (Including Directors, Report and Strategic Report) 2- 10 Independent Auditors, Report Statement of Financial Activities (including income and expenditure account) 17 Balance Sh¢¢t 18 Statement of Cash Flows 19 Notes to tlie Financial Statements 20-38
TinyLife (A company limited by guarantee) Charity Reference and Administrative Details Year Ended 3151 Mareh 2025 Charity Re8lStration Nuinber NIC 101869 Company Registratioii Niimber Nl 037799 President Trustees L M¢Keaveney- Chairperson S L McKay - Treasiirer & Vice Chair C Faraday M Magowan C Crcagh E McEneaney C Humston C Mcveigh V Crai8 B Boyle Chief Executive Officer J Morgan Registered Office Unit A5, 17 Heron Road Belfast BT3 9LE Auditor GM¢G BELFAST Chartercd Accountants & Statutory Auditor Alfred Flouse 19 Alfred Streel Belfast BT2 8EQ Solicitor Wortliington Solicitors 24 - 38 Gordon Sireet Belfast BTI 2LG Bankers Danske Bank Donegall Square West Belfast BTI 6JS
TinyLife (A company limited by guarantee) REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2025 TinyLife is Nortliern Ireland's premature and vulnerable baby Charity, dedicated to ducIng premature birth, illness, disability and death in babies. Tli¢ directors present their report and the audited finAncial statements of tli¢ charity for the year ended 31, March 2025. The trLlStees have adopted tlic provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charilics" (FRS 102) in preparin8 the annual report and fjnancial slalcments of tli¢ charity. The financial statements liave been prepared in accordance with the accounting policies set out in notes to tlie financial statements and comply with the charity's governin8 docuinent, th¢ Charities Act (Northern Ireland) 2008, Charities Act (Northern Ireland) 2013, The Cliarities (Accounts and Reports) Regiilations (Northern Ireland) 2015, Companies Act 2006 and Accounting and Rep)rting by Charities: Statement of Recommeiided Practic¢ applicable to charilies preparing their accounts in accordance with the financial Reporting Standard applicable in thc UK and Republic of Ireland SORP 2019 (FRS 102). TRUSTEES OF THE CHARITY The directors of tli¢ charitable company are ils trustees for the purposes of charity law, The ternis 'dirc¢tor" and "trustee" are used interchangeably throughout the financial statements. The truslc¢5 who have served during the year were as follows: A Elliott - resigned 9th December 2024 S L McKay - Treasurer & Vice Chair L McKeav¢ney Cliairperson M Magowan C Faraday C Creagh E McEneaney C Humston C Mcveigh B Boyl¢ - appointed 5 August 2024 V Craig - appointed 5 August 2024 PUBLIC BENEFIT STATEMENT The Board of TinyLife confirm that they liave had due regard for the guidance produced on public benefit by the Charity Commission for Northern Ireland and are pleased to rcport that during the year ihe charilable company has continued to provide public benefits through the programmes and scrvices TinyLife offers. In particular. the directors review how planned activities will contribute to the aims and objectives they liave set oul.
TinyLife (A compAny limited by guarantee) REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2025 (Conlinuecl) ORJECTIVES AND ACTIVITIES The Charity's objectives are specifically restricted io advaiicement of l)ealth or saving of lives and advanc¢ment of education to rediice prematiire birtli, illness, disability and death in babies born in Northern IIEland and include the following:_ provision of a range of support services offering practical support, information, advice, emotional and social support and comfort and a befriending service to parents, fainilies aiid carers incliiding home and hospital based support and parent support groups. provision of training and information for healtli professionals concerned wilh the needs of premalure or sick babies and tlieir families; provision of fiindin8 for research aiid coiiducting research io promote and develop understandin8 and disseminate knowledge of,. i Ilness, disability and caiis¢s of prematiirity in babies. medical problems affecting pregnant women; • effect of these problems on family and carers. and ultimately, being, cominitted to increasing survival rates, improving quality of life and quality of care foi. premature babies. and provision of tailored awareness programmes such as presentations, health education workshops and iiiformation leaflets for the b¢n¢fit of ihe wider public including botli schools and coiiiiniinity groups to increase awareness of infant preinaturity and its effects on family as well as tl)e importaiice of healtliy lifestyle choices for pregnant women. STRATEGIC REPORT Structure? governance and management TinyLife is a charilable company limited by guarantee and does iioi have a share capital. It is governed by a Memorandum and Articles of Association and the liability of each member is limited io an amount not exceeding £1. The Articles of Asso¢ialion provide that the number of directors shall not be less than six and shall at all times comprise not less than tliree in nuinber froin relevant healtli care professions. Each direclor appointed to the board retires every three years but can offer themselves for r¢-¢leclion. Directors are appointed by nominations by any exisling director. New directors arc briefed by the Chi¢f Executive and the Chairman of the board on their legal obltgations and receive a liandbook which includes the role of Irustee5 and the skills set of board m¢inbers. A triistee may not appoint an alternate Irustee or anyone on hi5 or her behalf al meetings of tlie trustees. Trustees are encouraged to attend appropriate external training events. The Chief Executive carries out the day to day management of the charity and has delcgated authority for operational matters including finance and statying. The directors manage all other business decisions and Ineet on a quarterly basis.
TinyLife (A company limited by guarantee) REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2025 (Conllnued) Risk management The directors have overall responsibility for ensuring tliat th¢ ¢liarity has in place an appropriate system of controls, financial and otherwise, to provide reasonable assurance that. the charity is operating efficiently and effectively. its assets are safeguarded against unauthorised use or disposition; proper records are maintained and financial informalion used witliin the charity or for publication is reliable; the cliarity complies with relevant laws and regulations; and tli¢ charity's Systems of financial control are designed to provide reasonable, but not absolute assurance a8ainst malerial misstateinenl or loss. Tlie major risks, to which the charity is cxposed, as identified by the trust¢¢s, have been reviewed and systems liave been ¢stablished io mitigate those risks. Achievements and Perfomance The 2024 25 performance year has been exceptional for TinyLife, but not without its challenges. Our newly appoint¢d Chief executive, Joanne Morgan, completed her first full financial year in post, we sadly said goodbye to Iwo members of the Senior Leadership Team {SLD, Einma O'Neill (Head of Operations) and Sean Conlon (Head of Fundraising and Communications). We welcomed a new Head of Operations, Jemma Dawson. in Jun¢ 2024. Despite these significant internal changes, the organisation exceeded expectations both in terms of the quality of services delivered, and income generation, as evidcnced below. Over ihe course of the year, we liave coiitinued to adapt and develop our services to meet the evolving needs of those we support, while maintaining a strong focus on quality, compassion, and impact. Despite ongoing economic cl)allenges, we hav¢ worked diligenily to sustain our core services. secure fuiiding, and strengthen community partnerships. Our dedicated board members, staff and volunteers have continued to lead and deliver essential support to families diiring what can be the most difficult time of their lives. TinyLife remains committed to supporling familics of premature and sick babies across Northern Ireland. This rcport outline5 oiir activities, achievements, and finaiicial position over the past year, and reflects our cotnm itm¢nt to transparency, accounlability, and continued growth in line with our charitable objeclives. We would like to thank all of those who supporled us in whatever way they could this past year by using services, sponsoring and l or attending events and undertaking fundraising activities. STRATEGIC PLAN Pillor l TiDyLife Care - Embed a family centred Approach eDgaging with parents in the cocreation process to support premature babiu by providing relevant responsive services. Referrals The relationship that th¢ Family Support Officer (FSO) bLiilds with both families and professionals is crucial to the number of referrals we re¢¢ive. Tliis year our Family Support Practitioner Team received 405 referrals between April 24-Mar¢h 25 which is on par with previous y¢ars. We continue to see the majority of referrals come from families directly, as a result of their interaction with a Family Support Practitioner in a neonatal iinit. The remainder cotne from neonatal and hospital staff demonstrating the importance of our staff being present in a unit to build these relationships.
TinyLife (A company limited by guarantee) REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2025 {Conlinued) HOSPITAL BASED SERVICES Neonatal Units Family Support Hospital visits continue to be popular witli 249 hospital visits taking place across tlie five Healtli Trusts equating to 1044 individuals receiving face to face support. We contiiiue to find creative solutions to connect with parents durin8 limes of ward restrictions diie to infectioii oiiibreaks uliliziiig leclinology siicli as WhatsApp gTOUPS, access to zoom or Teams meet ups and our closed Facebook Group. Breast Pump Loan Service Health professtonals and families continued to make referrals to Tinylife for our Breast Pump Loan service. 262 loans were processed in the rertIng year compared witli 289 in the previous financial year. All pump loans are processed in accordance with PHA Protocols, and we were pleased to receive additional fiindin8 from tlie PHA to support administration costs. COMMUNITY BASED SERVICES We are seeing a rcnewed interest in engaging in face to face activities. Not only does this increase the likelihood of peer to p¢¢r siipport and connection, it gives our Family Siipport Officers an opportunity to promote tlie many relevant services offered by TinyLife, leading to a bctter, Inor¢ holistic experience. Parenl Support Groups Our Parent Support Groups reinain popular, witli attendances on a par with pr¢vioiis years. We continue to incorporat¢ tlie Five To Thrive model and are seeing a significant interest in tlie provision of sensory play as part of sessions. 139 TinyTiine groiips liave been held this year with 2821 attendees (incliiding adults and infants). We have been successful with funding for Sensory Play accredited trainin8 for staff so aim lo structure the groiips for families moving forward. Baby Massage Baby Massage is one of the mosl popular programmes delivered by TinyLife with over 109 sessions aiid 1126 attendees over the course of thc reporting year. Baby Massage providcs a unique opportiinity to promote bondin8 and connection and facilitates discussion on all aspects of care for the premature baby. TinyGym 20 TinyGym sessions were delivered across Ihe Northern HSC Trusl Area. This innovative model 15 a great examplc of multidisciplinary working betwcen a specialist Physiotherapist, Occupational Therapist and TinyLife Family Support Officer leading to better outcomes for premature babies such as earlier diagnosis of potential physical developmental d¢lays along with strengihened relalionships between the professionals and parents who avail of the service. 1 Five to Thrive is a flexible approach that offers learning for practitioners and parents. It is designed to enhance awareness of the central ingredients for healthy brain development in babies, with five key activities- Respond, Cuddle, Relax, Play, Talk- described as the 'building blocks for a healthy brain,.
TinyLife {A company limited by guarantee) REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2025 (Conlinued) Closed Faee Book Community Families told us that tlie closed Facebook Community has been invaluable and provides opportunities to eiigage in peer support which is wider than that of the Tiny Time Groups. Parents are also ablc to easily engage with other families whose cliild has a sim ilar condition, or when they have liad a similar neonatal journey. HOME BASED SERVICE Tiny Start Program The Tinystart Programme is now being fully implemented with all targets on track. During the reportin8 year, 133 families were supported in their hom¢s with this evidence based programme. An evaluation is underway to determine the impact on families and initial analysis suggests the impact is significant. OTHER SUPPORT PROVIDED In this reporting year we continue to see demand for financial support from our parents. This is due to the impact of th¢ cost of living crisis and increased cost attached to caring for a premature baby. PILLAR 2 - TinyLife Advocate Amplify and be the voice for parents and premature babies to secure ehange in policy And practice. Engagement with Government We worked closely wilh the Department of the Economy in relation to the potential introduction of the Neonatal Care (Leave find Pay) Acl which has already been introduced in England. We responded to the "Good Jobs" bill which was circulated for response in August 2024. The TinyLife response was submitted in Sepiemb¢r 2024 and published on our web51te and all social media platforms. September also saw Belfast City Council laiinch their Neonatal Policy for staff, which TinyLife supported and were invitcd to the Launcli. The CEO continues to co-chair the Nl Children's Health Coalition. W¢ continue to advocate for the Young Patients Fund. With a pr¢s¢ntation to the Health Committ¢¢ and a meeling with the Minister for Health, Milke Ne5bitt. We conlinued to lead and advocate in the area of Infant Mental Health. Through ihe Stronger From the Start Alliance, we continue to promote our joint manif¢sto with many of ihe recommendations adopted by all the political parties in Nl. Representation on Commitlees During th¢ reporting period TinyLife continued to sit on a number of government networks and committees, nainely the Neonatal Network for Nl, Regional Infant Mental Health Group* several Health Trust Infant Menlal Health Committees, The Brea$tfeeding Strategy Implemenlation Group. FKCARE
TinyLife (A eompany limited by guarantee) REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2025 {ConlinuÉd) Representation on Committees (conlinued) The CEO chairs a number of siibgroups and coinmiltees which report on key strale8ies, working closely with coinmittee ineinbers and representing the voice of parents of premature babies. European Work The CEO continues to support the work of tlie GlobAI Foundation for the Care of Newborn Infants {GFCNI). (Please note name cliange from Eiiropean Foiindatioii for ilie Care of Newborn Jnfants (EFCNI) to Global Foundation for the Care of Newborn Infants (GFCNI) which took place on 3 April 2025) PILLAR 3-TlnyLife Educate- increased awareness and knowledge about needs of parents of premature And sick babies by using evidence to co design early interventions and improve services. The TinyLearnen 8ehool8 based programme goes from strength to strengtli with I I I schools pledged to undertakc the award process. Preliminary emulations indicate that schools and parents fiiid il to be very useful in terms of improving and increasing their knowlcdge and understandin8 of the impact of premature birtli in th¢ school setting. The Professor JIM Dornan Award was madc to Dr Niamh Kennedy, Senior Lecturer, Scliool of Psychology, Ulsler University and Dr Tammy Morgan, Psychiatrist CAMHS, Belfast Health and Social trust to carry out research on the following topic: 'Exploration inlo parental psycliolo8ical wellbeing in Northern Ireland Neonatal Units." In November, as part of our World Prematurlty Day advocacy efforts w¢ collaborated with the Irish Neonatal Health Alliance to hold an All-lreland Conference. The conference was hosted online and witl) keynole speaker including Prof. Deirdre Murray from the INFANT Research Centre, Barbara O'Rourke, Researcli Nurse from Blank Children's Hospilal iii Des Moines. Prof, Patrick McNamara, Staff N¢onatologist and Director of the Division of Neonatology at the University of lowa Stead Family Children's Hospital, and Professor of P¢diatrics and Internal Medicine, University of lowa. Prof. Vito Giordano, Prof of Neonatal Neuroscience Senior Mentor and Lecturer for the Medical University of Vienna and Doctoral Program of Clinical Neuroscience (CLINS) and Nadine Griffitlis, Neonatal Clinical Nurse Consultant, Australia. During the year staff have had access to tl)e online training program FLICK and havc completed botli mandatory training in GDPR, Health and Safety, Risk Assessinents and Manual Handling. The systeins also provide opportunilies to &c¢¢ss a rang¢ of many relevant programs for continued on line learnin8. Two Senior Family Practitioners have commenced a Leadership development apprentice course through Springfield Learning & Development C¢ntre. We were successful in attractin8 an Awards for All grant to fund accredited sensory play training for family support staff. All family support staff completed suicide prevention training in March 2025.
TinyLife (A company limited by guarantee) REPORT OF THE DIREcfoRS FOR THE YEAR ENDED 31 MARCH 2025 (Conlinued) Income Generntion This year has seen some nolable achievements in income generation and fundraising. We had a very successful Premvember campaign during November. General support from community fundraising tl)roughout the month was very strong, with income raised through Tea for Tots Parties and general Premvember fundraising. We are grateful for the support from Hannaway Accountants who held a very successful casino night. raising over £30k as well as Mr Ivan Lavery for raising £20k through his ev¢nls and marathons. We would also like to thank all our corporate partners for their continued support ov¢r the last year, Whilst traditional fundraising has been challenging, we have been suecessful in maintaining our income levels. A8ain. Ihis year we must thank our funders, Northern Health & Social Care Trust, Soutlieastern Health & Social Care Trust, Belfast l.lealth & Social Car¢ Trust, Weslern Health & Social Care Trust, Southem Healih & Social Care Trust. PHA, Dormant Accounts, Awards for All, The Big Lottery and Cash for Kids for their continued financial support. Financial review The charity's income increas¢d from £924,361 to £991,696 in 2024125. This is a result of increased income from restricted funding and investment income. Principal sources of funding are from events, grants and donations. The net surplus for the year amounted to £124.440 (2024: net deficit of £77,071) with £33,415 of the surplus being restricted funding and unrestricted reserves increasing by £91.025 for the year. The accumulated funds at 31 March 2025 amounted lo £502,769 (2024: £378,329) of which restrictcd funds were £43,026 (2024: £9,611) and unrestri¢l¢d funds were £459,743 (2024: £368,718) which includes fixed a55ets of £34,259 (2024: £25.792). £255,000 was invested in total: £85,000 each in two 6 month fixed t¢rni accounts and £85,000 in a l year fixed temi account with th¢ option to withdraw funds earli¢r. Rescrves poli The charity's policy is to retain a level of free r¢serves, which matches the needs of the organisation l)oih at the current time and in the foreseeable future. The reserves required should be sufficient to meet research costs and the running costs for a period equivalent to six inonths annual expenditure. Ovcrall, the current levels of reserves are equivalent to 6 months expected expenditure. The charity hopes to maintain this level of reserves in the coming year, will Continue to monitor compliance with this policy on a regular basis and the board will review the appropriatcness of the policy annually. Taxation As a Charity, the company is able to recover most tax deducted at source from its investment income and is not liabl¢ for corporation tax on its Other income or on capital gains. Recovery is therefore made of tax credits and tax deducted from income received under deed of covenant or gift aid. Equal opportunities The charity is cominitted to ensuring equality of opportunity for its slaff, and for organisations with whom it works in partnership.
TinyLife (A company limited by guarantee) REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2025 (Coiiliiiued) STATEMENT OF DIRECTORS, RESPOIYSIBILITIES The trustees (who are also the directors of TinyLife for the purposes of coinpany law) are responsible for preparing tlie Directors, Report and tlie financial statements in accordance witli applicable law and United Kingdom Accounling Standards (United Kingdom Generally Accepied Accounting Practice). Company law requires the directors to prepare financial stateinents for each financial year wliich give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditiire, of tlie charitable coinpany for that period. In prepariiig tliese financial stalem¢nts, the directors are r¢quired to: select suitable accounting policies and then apply them consistently. observe the methods and principles in the Cliarities SORP 2019 (FRS 102). make judgements aiid accounting estimat¢s that are reasonable and prudent; • state whether applicable UK Accounting Standards have been followa, subject to any material departures disclosed and explained in ihe financial statements. and prepare the financial statements on the going concern basis unless il is iiiappropriate to presume tlial the charitable company will continue lo operat¢. Tlie directors are responsible for keeping adequale accounting records that disclose with reasonable accuracy at any time tlie financial position of tlie charitable company and enable tliein to ensurc that the rinancial statements comply with the Companies Act 2006, Charities Act (Northern Ireland) 2008 and Charities Aet (North¢rn Ireland) 2013 and The Charities (Accounts and Reports) Regulations (Northern Ireland) 2015. They are also responsible for safeguarding the assets of ihe charitabl¢ company and lience for taking r¢asonable steps for the prevenlion and detection of fraiid and other irregularities. Disclosure of Information to Auditors So far as each of the directors in offic¢ at the date of approval of these financial statements is aware: there is no relevant audit infom)ation of whicli the charilable company's auditors are unaware, and they have taken all the steps ihat they ouglit to have taken as directors in order to make themselves aware of any relevant audit infonnation and to eslablisli thal the Charitable company's auditors are aware of that infom]ation. Small companies, exemption This report has been prepared in accordance with ihe special provisions relating to small companies wiihin Part 15 of tlie Companies Act 2006.
10 TinyLife (A company limited by guarantee) REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2025 (Coiiiliiued) Independent Auditors GMCG Belfast havc indicated th¢ir willingness to remain in office and a resolution for their re-election will be proposed at the forthcoming Annual General Meeting. Registered office: Unit A5, 17 Heron Road Belfast BT3 9LE Signed by Order of the Board J Morgan Company Secretary
CIIAR TERED ACCOUt47ANT5 TinyLife (A company limited by guarantee) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OV TINYLIFE (A company limited by guarAntee) YEAR ENDED 31 MARCH 2025 Opinion We Iiave audited the financial statements of TinyLife (the 'charitable company,) for the year ended 31 March 2025 wl)ich comprise tli¢ Siatement of Financial Activities (including income and expeiiditure account), tlie Balance Sheet, the Siatement of Cash Flows and notes to tlie financial slatements, including a suminary of sigiiificant accounting policies. The financial reportiiig framework that has been applied in their preparation is applicable law and Uniled Kingdom Accounting Standards, including Financial Reportlll8 Standard 102 The Financial Reporling Siandard applicable in ihe UK and Republic of Ireland (United Kingdom Geiierally Accepied A¢counling Practice). In our opinion tlie financial stalemenls., give a true and fair view of the state of the charilable company's affairs as at 31 Marcli 2025, and of its incoming resoiir¢es and application of resources, including its incoine and expenditure, for the year then ended. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice. and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with Inlefnational Standards on Auditing (UK)(ISAs(UK)) and applicable law. Our responsibililies under those standards are further des¢ribed in the Auditor's responsibilities for tlie audit of the finaiicial statements section of our report, We are independent of the charitable company in accordance with the etliical requirements that are relevant to our audil of th¢ financial statements in the UK, including the FRC'S Ethical Standard, and we liave fulfilled oiir other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion. A]frd Houve 19Alftts1Stl BEUIAsrYr2 8RQ DX 391oNRBEASQ CoDtwy Howse 17MaDdrnllo Skre*l PORTADOWN Craigaw Ff62 3PB LJSBURN BT28 aGN Tel: +4410)28 9031 iix3 Fax: +44(0)28 9D31 07n Tri: +44(0)289260 TJSS F. +44(0)28 9260 1656 Tel: +44(012838&3 2801 P. +41(0)283803
12 TinyLife (A company limited by guarantee) INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF TINYLIFE (a company limited by guarantee) (Coiiliiiued) YEAR ENDED 31 MARCH 2025 Conclusions relating to going concern In auditing the financial slat¢ments, we have concluded that the trustees, us¢ of the going coiicern basis of accounting in the preparalion of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to cvents or conditions that individually or collectively, may cast significant doiibt on ihe charitable company's ability to conlinue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the truste¢s with respect to going concern are described in the relevant sections of this report. Other information The other inforniation comprises the infomation included in the annual report other than the financial statements and our aiiditor's report tlierein. The trustees ar¢ spOnSible for the other information contained within the annual report. Our opinion on the financial slatements does not eover the other information and, except to the extent oiheNise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the otlier information and, in doing so. consider whether the other information 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 w¢ identify such material inconsistencies or apparent material misstatements, we are required to determine whether tliis gives rise to a material misstatemcnt in the financial statements themselves. If based on the work we have perforined, we conclude that there is a material misstatement of this other informalion, we are required to report that faet. We hav¢ nothing to report in this regard. Opinions on other matters prescribed by the Compydnies Act 2006 In our opinion, based on the work undertaken in the course of the audit: Ihe infonnation given in the trustees, report (incorporatin8 the directors, report) for the financial year for which the financial sta¢em¢nts are prepared is consistent with the financial statemenls. and the directors. report has been prepared in accordance with applicable legal requirements.
13 TinyLife (A company limited by guarantee) INDEPENDENT AUDITORS? REPORT TO THE MEMBERS OF TINYLIFE (a compydny limited by guarantee) (Coiilliiiied) YEAR ENDED 31 MARCH 2025 Matters on which we Are required to report by exception In the light of our knowledge and understanding of the cliaritable company and its environinent obtained in the course of the audit, we have not identified material misstatements in the direclors. report. We liave nothing to report in respect of the following matters in relalion to whicli tlie Coinpanies Act 2006 requires us to report to you if, in our opinioii: adequate accounting e0rd5 have not been kept, or returns adequate for our audit have not been received from bTanclies not visited by us. or the financial statements are not in agreement with the accountiiig records and Telurns, or certain disclosures of directors, remuneration specified by law are not inade. or w¢ have not r¢c¢ived all the inforination and explanations we require for our aiidit; or the trustees were not entitled to pr¢par¢ the financial statements in accordance with the sinall companies, regime and take advantage of the small companies, exemptioiis in prcparing the directors, report and from the requirement to prepare a slrategic report. Responsiblllties of trustees As explained more fully in the slalem¢nt of directors, responsibilities set out on page 9, the trustees (who are also the direclors of the charitable coinpany for the purpose of company law) are r¢sponsibl¢ for the preparation of the financial stalements and for being satisfied that they give and true and fair view, and for such internal control as lh¢ truslees d¢tem)ine is necessary to enable ihe preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparin8 the financial statem¢nts, Ihe trustees are responsible for assessing the cliaritable company's ability to continue as a going Loncern, disclosing, as applicable, malters relaled to going concern and using tlie going llcern basis of accounting unless the trustees wither intend to liquidate the charitable company or to c¢ase operations, or have no realistic alternative but lo do so. Auditor's responsibilities for the audit of the financial statements Our objectives are to obtain reasonabl¢ assurance about whether the financial statements as a whole are free from material misstatement. 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 audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in th¢ aggregat¢, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are inslances of non-compliance with laws and regulations. We design proccdures in line with our responsibilities, outl ined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent lo which ihese are capable of detecting irregularities, including fraud is detailed below:
14 TinyLife (A company limited by guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OFTINYLIFE (A company limited by guarantee) {Coiilinueil) YEAR ENDED 31 MARCH 2025 Extent to which the audit was considered eapable of detecting irregularities, includiDg frnud We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error. and then design and perforni tli¢ aiidit procedur¢s responsive lo tliose risks, including obtaining aud it evidence that is sufficient ai)d appropriate to provide a basis for our opinion. In identifying and assessing risks of malerial misstateinent in respect of irregularities, including fraud and non-compliance with laws and regulalions, we ¢onsider¢d the following: The nature of the industry and sector, control environment and charity's financial results and position; Results of our enquiries of management about their own tdentification and assessment of the risks of irregularities. Any Inatters we identified having obtain¢d and reviewed the Charity's documeiitation of their policies and procedures relating to: Identifying, evalualing and coinplyin8 With laws and regulalions and whether they were aware of any instances of non-compliance. Detecting and respondin8 to the risks of fraud and whether they have knowledge of any actual. suspected or alleged fraud; and The internal controls ¢stablish¢d to Initl8ate risks of fraud or non-compllance with laws and regulations; The matters discussed among the audit engagement t¢am regarding how And where fraud miglit occur in th¢ financial statements and potential indicators of fraud. As a result of these procedures. we considered that the particulai areas in the financial slatements that were susceptible to misstatement were related to management bias in accounting estimates and judgements; recognition, classification and completeness of income, In common with all audits linder ISAS (UK), we are also required to perform specific procedures to respond to the risk of managemenl override. We also obtained an Understanding of the legal and regulatory frameworks that the Charity operates in, focusing on provisions of those laws and regulations that had a direct effect on the determinalion of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included Charity legislation applicable to Northern Ireland, Charity's governing documenl, employment law, health and safety and tax legislation. In addition, we considered provisions of other laws and regulations that do not have a direct eff¢ct on the financial statctncnts but compliance wilh which may be fundainental to the Charity's ability to operate or to avoid a material penalty.
TinyLife (A company lirnited by guarantee) IIYDEPENDENT AUDITORS, REPORTTO THE MEMBERS OF TINYLIFE {& company limited by guarantee) (Conliiiued) YEAR ENDED 31 MARCH 2025 Audit response to risk5 identified: Our procedures to respond to risks identified include the following". Reviewing the financial Statements disclosures and iesting to supporting docuinentatton to assess compliance witli provisions of relevant laws and regulations described as having a direct effect on tlie financial statements; Enqiiiring of management concerning aclual and potential litigation and claiins. Performing analytical procedures to identify any unusual or uiicxpectcd relationsliips tliat may indicate risk of inaterial In isstalemeiits diie to fraud. Reading minutes of meetiiigs of those cliarg¢d wilh governance. In addressing the risk of fraud ilirough management override of controls, testing th¢ appropriateness of joiirnal entries and other adjuslment5 including those relating to revenlie recognition; ass¢ssin8 whetlier the jiidgements Inade in Inaking accounting estimates are iiidicative of poteiitial bias- and evaluating the rationale of any significant transactions that are large. unusual or outside tlie normal course of tlle charity's activities. We also communicated relevant identified laws aiid regulations and polential fraud risks to all engageinent teams inembers and remained alert to any indications of fraud or non-compliance with laws and regulalions throughout the audit. Owing to the inherent liinitations of an audit, tliere is an unavoidable risk that w¢ Inay not have det¢¢led sotne Inaterial misstatement in the financial statemenls even though we have properly planned and performed our audit in accordaiice with auditing standards. In addition, as with any audit. there remains a higher risk of non-detection of irregularities, as they may involve collusion, forgery, intenlional omissions, Inisrepres¢ntations, or the override of internal Lontrols. We are not responsible for preveiiting noii-¢ompliance and cannot be expecled to detecl non-compliance witli all laws and regulations. A furtlier description of our rcsponsibililies is available on the Financial Reporting Council's website at htt :Ilwww.frc.or Iklaiiditorsresponsibilitics. This d¢scription forms part of our auditor's report.
16 TinyLife (A company limited by guarantee) INDEPENDENT AUDITORS? REPORT TO THE MEMBERS OFTINYLIFE (a ¢ompAny limited by guarantee) (coniliiiied) YEAR ENDED 31 MARCH 2025 Use of our report This report is made solely to the charilable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state lo them in an audilor's rep)rt and for no other purpose. To the fullest extent perniitted by law, we do nol accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body. for our audit work, for this report, or for the opinions w¢ have fonned. Igel Moo FCA (Senior Statutory for and on behydlf of GMeG BelfY43t uditor) Chartered Accountantj Statutory Auditor Chartered Accountants & Statutory Auditor Alfred House 19 Alfred street Belfast BT2 8EQ Dated: I . ?.
TinyLife (A company limited by guarantee) STATEMENT OF FINANCIAL AcfiviTIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025 Uiirestricted Funds Restricted Funds Total 2025 Total 2024 Note Income from: Donations and legacies Charitable activities Other trading activities Investments 206.125 8,406 175,962 25,116 206,125 584.493 175,962 25,116 172,320 512,531 220,541 18,969 924,361 576,087 Total income 415,609 576,087 991,696 Fxpenditure on: Raising Fuiids Charitable Activities Other 193,285 132,603 24,937 350,825 193,285 649,034 24.937 718 218,753 744,251 38.428 516,431 TotAI expenditure 516,431 867256 1,001,432 Net incomel(expenditure) 12 64.784 59,656 124,440 (77,071) Transfer between funds 24 26,241 91,025 (26,241) 33,415 Net movement In funds 124,440 (77,071) Reconciliation of funds: Total funds broughi forward Total funds carried forward 368,718 9,611 43,026 378,329 502,769 455,400 378,329 459,743 All income and expenditure derive from conlinuing activities. Tlie statement of finaiicial activities includes all gains and losses rOgnised during the year.
18 TinyLife (A company limited by guarantee) BALANCE SHEET YEAR EIIDED 31 MARCH 2025 2025 2024 Note Fixed knets Tangible Assets 17 34259 25,792 34259 25,792 Current Assets Debtors Investmenls Cash at bank and in hand 18 19 39,936 25S,000 262,627 S5763 (89,053) 468JlO 25.182 170,000 212,368 407.550 Creditors: amounts falling due within one yeAr Net eurrent asgets 20 (55,013) 352,537 Net assets 502,769 378.329 Charity Funds Restricted funds Unrestricted funds 22123 22 43,026 459,743 9.611 368,718 378,329 Total eharity funds 502,769 These financial statements have been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006. The finan¢1 on. siatem nts on pages 17 to 38 were approved and authorised for issue by the Board of Directors . 2olS... and We signed on behalf of the Board of Directors by: L McKeave Direetor Date S L McKay Director s-LAq Date The notes on pages 20 to 38 forni part of these financial ststements. Company Registration Number: Nl 037799
19 TinyLife (A company limited by guarantee) STATEMENT OF CASH FLOWS YEAR EIYDED 31 MARCH 2025 2025 2024 Note Cash Ilow from operating activities Net cash Ilow from operating aclivities Cash now from investing activities Proceeds from disposal of investments Paymenls lo acquire investments Interesi from investments Payments to acquire tangible fixed assets Net cash flow from investing aclivities 28 136a84 (100.755) (100,755) 136J84 J70,000 (255,000) 25.116 (26,241) {86,125) 170,000 (170,000) 18.969 18,969 Net Increase l (decrea$e) in ca$h and cash equivalents 50,259 (81,786) Cash And cash equivalents at l April 2024 Cash and eAsh equivalents At 31 March 2025 212J68 262,627 294.154 212,368 Cash and eash equivalents consists of- Cash At bank and in hand Short term deposits Bank overdrafts 23,$44 239,083 23,630 188,738 Cash and Cash equivalenls 4t 31 March 2025 262,627 212,368
20 TinyLife (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 Principal accounting policies General information and basis of preparation TinyLife is a charitable company limited by guarantcc and not having a share capital and is registered in Northern Ireland. The address of tlie re8iStered offic¢ is given in th¢ charity information on page I of ihese financial statements. The nalure of the cliarity's operations and principal activities are given on page 3. The company was ¢stablislied under a Memoranduin of Associalion which established the objects and powers of the charitable company and is gov¢riied under its Articles of Associalion. The charitable company constitutes a public benefit entity as defined by FRS 102. Statement of compliance The financial stalements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in th¢ United Kingdom and Republic of Ireland (FRS 102), Ihe Charities legislation in Northern Ireland, Companies Act 2006 and UK Generally Accepted Practice. The financial statements ar¢ prepared on a goin8 concern basis under the historical cost convenlion. The financial slalem¢nts are presented in sterling which is th¢ functional currency of the charity and rounded io the nearest £ l . The significant accounting policies applied in the preparation of these financial statements are Set out below. These policies have been consislently applied to all years pr¢sented unless otherwis¢ staled. Fund accounting The charity has various types of funds for which it is responsible and which require s¢parate disclosure. A definition of tlie various types of funds is as follows: UnStrICted funds Funds which are expendable at ih¢ discretion of the Charity in furtherance of ils objectives. In addition to expenditure on activities siich funds may be held in order to finance capital investment and working capilal. De8ignYdted funds Designated funds are Un5([icted funds which the trustees have allocated towards specific purposes. Restricted funds Restricted funds are to be ud for specified piirpos¢s as laid down by ihe donor. Expenditure which meets these criteria is charged to the fund, together with a fair allocation of overheads and support costs.
TinyLife (A eompany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS (Conliiiutd) YEAR ENDED 31 MARCH 2025 Principal accounting polieies (conliniied) Income recognition All incoming resources are included in the Stalement of Financial Activities (SOFA) when the charity is legally eiitiiled to tl)e incoine after any performance conditions have been met, the amount can be measur¢d reliably and it is probable that tlie income will be received. For donations to be recognised ille cliarity will have been notified of the amounts and the settlement dale in writing. I f ihere are Condilions altaclied to the donation and this rcquires a level of perforinance before entitlement can be obtained then income is deferred until tl)ose conditions are fully met or the fulfilment of those conditions is within the control of tlie charity and it is probable that ih¢y will be fiilfilled. Donated facilities and donaled professinnal scrviLes are recognised in income at their fair value when their economic bcnefil is probable, it can be IMeasur¢d reliably and the Charity lias conlrol over tlie item. Fair value is determined on the basis of the valuc of the gift to the charity. For cxample the amount the charity woiild be willing to pay in the open market for siich facililies and services, A corresponding amount is recognised in exp¢nditiire. No amount is included in the financial slatements for volunteer time in line with the SORP (FRS 102). Further detail is given in the Trustees, Annual Report. Where practicable, gifts in kind donated for distribution to the beftefi¢iaries of the charity are included in stock and donations in th¢ financial statemenls upon receipt. If it is imprActicable lo assess the fair valiie at receipt or if the costs lo und¢rtake such a valiiation outweigh any benefits, then the fair value is recognised as a componeiil of doiiations when it is distributed and an equivalent amount recognised as charitable expenditiire. Voluntary income received by way of donations and gift is credited to revenue on a receivable basis. Gifts in kind donated for resale are included at fair value, being tlie expected proceeds from sale less the expected cosls of sale. Where eslimatin8 tlie fair value is practicable upon receipt it is recognised in stock and 'lncome from otlier Irading activities,. Upon sale, the value of the stock is charged against 'liicome from other trading activities, and tli¢ proceeds are recognised as 'ln¢ome from other trading activities,. Wliere it is impracticable to fair value tlie items due to the volume of low value items they are not recognised in th¢ financial statements until they are sold. This income is recognised within 'Incom¢ from other Irading aclivilies,. Fixed asset gifts in kind are recognised when receivable and are included at fair value. They are iiot deferred over the life of the asset. For legacies, entiilement is the carlier of the charity being notifled of an impending distribution or the legacy being received. At this point income is recognised. On occasion Icgacies will be notified to the charity however it is not possible to ineasure the ainount expected to be distributed. Oft these occasions, the legacy is treated as a Contingent asset and disclosed. Income from trading activities includes income earned from fLindraising events to raise funds for ihe charity. Income is received in exchange for supplyin8 goods and services in order to raise funds and is recognised when entitlement lias occurred.
22 TinyLife (A eompany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS (Coiiliiiued) YEAR ENDED 31 MARCH 2025 Principal accounting policies (conlinued) Income recognition (conlinued) The charity receives government grants in respect of family support services. Income from government and oth¢r grants are recogniscd at fair value when the charity has entitlemeiit after any performance conditions have bccn mct. it is probable that thc income will be received and the amount cali be measured reliably. If entitlement is not met then these amounts are deferd. Revenue grants are Credited to incoming resources on the earlier date of when ihey are received or when they ar¢ receivable, unless tlicy relale to a specified future period. Grants which contribule towards spccific expenditure on fixed assets are credited to the Statement of Financial Activities in full iipon receipt. Investment income is interest earned through holding cash at bank and short term investments ¢.g. bonds and short term deposits. Interest income is recognised when receivable. Other income repr¢sents income that cannot be r¢ported under the other analysis headings provided within the SOFA. Deferred ineome Income from certain events has been deferred as the concerned ¢vents will not occur until after the year end. Accrued Income Income from certain events has been accru¢d as th¢ concerned events occurred before the year end. Expenditure retognitlon All expenditiire is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is reeognised where there is a legal or constructive obligation to make payments to third parties, it is probable ihat the settlement will be required and the amount of the obligation can be measured reliably. It is categorised under the following headings: • Costs of raising funds comprises costs incurred in generating voluntary income and includes event costs, salary costs, staff costs and an apportionment of support costs; Expenditure on charitabl¢ aclivities comprises those costs incurred by the charity in the delivery of its activili¢s and services for its beneficiaries and includes salary costs, support service expenses, and ai) apportionment of support costs. • Other expenditure preSentS those items not falling into the categories above. Irr¢coverable VAT is charged as an expense against the activity for which expenditure arose. Grants payable to third parti¢s are within the chariiable objectives. Where unconditional grants are offered, this is accrued as soon as the recipient is nolified of the grant, as this gives rise to a reasonable expectation that the recipient will received the grants. Where grants are conditional relating to performance then the grant is only accrued when any unfulfilled conditions are outside of the control of the charity.
23 TinyLife (A Company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS (CoNliiiued) YEAR ENDED 31 MARCH 2025 Principal accounting policies (conlinuecQ Support costs allocation Support costs are those that assist tlie work of the cliarity but do not directly rcpresenl cliaritable activities and iiiclude office costs, governanc¢ costs and administrative payroll costs. They are incurred directly in siipport of expenditure oli the objects of the charity, Wl)er¢ support osts cannoi be directly attributed to particular headings they liave been allocated to cost of raisiiig funds aiid cxpenditure on charitable aclivitics on a basis consist¢nt wilh usc of the resources. Premises overlieads have been all(Kated on a basis coiisistent with the use of the resoiirces. Stsff costs and other overlieads liave been allocated on the basis of time spent, per capita and activity. Fund-raising costs are tliose incurred in seekiiig voluntary contributions and do iiol include ihe costs of diss¢min&ting informatioii in support of the charitable activities. The analysis of these costs 15 included in note 9, Employee benefits When employees have rend¢r¢d service to the Charity, shnrt-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service. The charity operates a deftned contribution pension plan for the benefit of ils ¢mploye¢s. Contributions are charged to the Statement of Financial Activities as they become payable. Value Added Tax The charity is not registered for VA T purposes, therefore expendilure is shown gross of V AT. Tangible fixed assets and deprecilltion The cost of tangible fixed assets is tlieir purchase cost, togetlier witli any incidental costs of acquisition. Depreciation is calculated so as to write off the cost of tangible fixed assets, less tlieir estimated residual values, on a strai8ht line basis over the expected useful ecoftomic lives of the assets concerned. The principal annual rates used are as follows: Fixtures, fittings and equipmenl Where the recoverable amount of a fixed asset is found to b¢ below its net book value, the asset is written down to tlie recoverable figure and tlie loss on impairment is recogniKd in the SOFA. Debtors and creditors receivable I p2y4ble within one year Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recogiiised in expendilure.
24 TinyLife (A Company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS (Coiiliiiuerf) YEAR ENDED 31 MARCH 2025 Principal accounting policies (conrfinued) Investments Current asset inveslments are short terni investments wilh a malurity term of no greater than on¢ year. They include bonds and short term dcposits. They are recorded at their initial cost less iinpairment on the basis that they have inaturity t¢rms of no greater than one year. Cash and cash equivalents Cash and cash equivalents in the statement of cash flows comprise cash on hand and demand deposits, bank overdrafts, and other short-term highly liquid inveslfflents that are readily convertible to a known ainount of cash and are subject to an insignificant risk of chang¢s in value and nornially have a matiirity date of 3 months or less from the date of acquisition. Legses Rentals payable under operating leases are charged to the SOFA on a straight line basis over the period of tlie lease. Tax As a charity, the company b¢nefits from various exemptions afforded by lax legislation. It is therefore not liable to corporation tax on income or gains falling due within ihos¢ exemptions. Recovery is mad¢ of lax deducied from r¢ceipts under gift aid. Going concern The financial statements have been prepared on a going con¢¢rn basis as the trustees believ¢ that no material uncertainties exist. The trus(ces have considered the level of funds held and the expected level of income and expenditure for 12 months from authorisin8 these financial statements. The budgeted incoine and expendi¢ure is sufficient wilh tl)e level of reserves for tli¢ charity to be able to coiitinue as a goiiig concern. Judgements and key source$ of estimation uncerlainty The following judgements includin8 those involving estimates have been made in the process of applying the above accounting policies that have had the most significant effect on the amounts recognised in the financial statements and that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabililies within the next financial year: (i) depreciation method and asset useful lives The estimates and assumptions are reviewed on an ongoing basis considering ihe current and future market conditions.
25 TinyLife (A eompany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS (Coiiliiiiied) YEAR ENDED 31 MARCH 2025 Ineome from donations and legacies Unrestricted Restrieted Futtds Funds Total Unrestricted Funds Funds 2025 Restricted Fiinds Total Funds 2024 Give As You Earli Corporate and general donations 50274 50,274 46,748 46,748 155051 206,12S 155,851 125,572 172,320 125,572 172,320 206,12S Income from charitable Activities Unrestricted Restricled Total Funds Unrestricted Funds Funds 2025 Funds Restricted Total Funds Funds 2024 Contractual payments Perfomiaiice related grants Otlier 236,818 236,818 198,843 198,843 323J95 15,874 576,087 323,395 24,280 284.843 19,200 502,886 284,843 28.845 8,406 9,645 9,645 8,406 584,493 512,531 Ineome from other trading activities Unrestricted Reslricted Total Funds Unrestrictcd Funds Funds 2025 Restricled Total Fuiids Funds 2024 Fiindraising events 175.962 175,962 175,962 220,541 220,541 220,541 220,541 175,962
26 TinyLife (A compaThy limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS (Coniliiued) YEAR ENDED 31 MARCH 2025 5. Income from investments Unrestricted Restricted Total Funds Unreslricted Restricted Total Funds Funds Funds 2025 Funds Funds 2024 Interest-deposits 25,116 25,116 25,116 25,116 18,969 18,969 18,969 18,969 RY4i8ing funds Unrestrieted Restricted Tolal Funds Unrestricted Funds Funds 2025 Funds Reslrict¢d Total Funds Funds 2024 Salaries and wages Events Other fund generalion expenses Support costs 126,070 l8,835 126,070 18,83S 143,272 34,736 143,272 34,736 36,541 11,839 3604] 11039 27,418 13,327 27,418 13,327 218,753 193385 193385 218,753 Charltgble activities - Support ServieeslEducationlAwareDessnieseArch Unrestrieted Restricted funds funds Total 2025 2024 Salaries and wages oiher costs Grants paid 63,027 69.576 426,367 85,164 4,900 489?94 154,740 4.900 510.603 153.857 79,791 744,251 132,603 516,431 649,034
27 TinyLife (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS (Coiiliiiueil) YEAR ENDED 31 MARCH 2025 Analysis of expenditure on charilable activities Aclivities Iindertaken directly Grant fiindiJ)g of activities Support costs Total 2025 Support Services Education Awareness programmes Research 435,266 57,822 51,648 18,432 4,900 57,035 14,853 8,288 790 497,201 72,675 59,936 19,222 563,168 4.900 80,966 649,034 Activities undertaken directly Grant fuiiding of activities Support costs Tolal 2024 Support Services Education Awaren¢5s programmes Research 461,895 51,596 54,703 15,092 40,850 38,941 56,608 14,855 8,773 938 559,353 105,392 63,476 16.030 583,286 79,791 81,174 744,251 £516,431 (2024 £590,934) of the above costs were attributable to restricted funds. £132,603 (2024 £153,317) of tlie above costs were attributable to unrestricled funds, Allocation of support Costs Ralsing Fund5 Sul total Charitable Actlvl¢lt$ Support cosl Basi5 of allocation Support services Sul Total Total 2025 Education Awareness Research Governance Finance Infotinalion technol(w Deprecialion OlCe c(515 (incl. rental) Other AelTvity Time 789 16,404 789 26,246 790 6,561 789 790 3,158 32,807 3,947 49,211 Per Capita Floor ATea 2,167 1,456 7,222 3,882 1,806 971 1,805 971 10,833 5024 13,000 7,280 Floor Area Per capiia 0,923 130 18.462 434 4,616 109 4,615 108 27,693 651 34,616 781 Total 27,869 57,035 14,853 8,288 790 80,966 108,835
28 TinyLife (A company limited by guarantee) NOTES TO THE FINANCIAL STATEME]YTS (Coiiliiiued) YEAR ENDED 31 MARCH 2025 AIIoc2tion of support costs (continued) Raising Funds Sub- total Charitable Activilies Support cost Basis of allocation Support services Sub- Total Total 2024 Education Awareness Resvarch Governance Finance Information technology Depreriaiion Office costs (incl. rental) Other Activity Time 938 15,204 939 24,327 938 6,082 938 938 3,753 30,409 4,691 45,613 Ptr Capita Floor Area 2,638 1,746 6,155 4,654 1,538 ,164 1,538 1,164 9,231 6,982 11069 8,728 Floor Area Per capita 7,390 354 19.708 825 4,927 206 4,927 206 29,562 1,237 30,952 1,591 Total 28,270 56,608 14,855 8,773 938 81,174 109,444 10, Governydnce cosls 2025 2024 Not¢ Auditor's remuneration (including expenses and benefits in kind) Trustee remuneration Trustee expenses Legal fees Other 13 14 14 3,000 3,000 948 1,691 3,948 4,691 I l. Analysis of grants paid Grants to Individuals Grants to Institutions Total 2025 Cash For Kids 4,900 4.900 4,900 4,900 Cash for Kids hardship fund payments.
29 TinyLife (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS (Coiiliiiuecl) YEAR ENDED 31 MARCH 2025 11. Analysi5 of grants paid (conlirtued) Grants to Individuals Grants to Institutions Total 2024 Aware (Positive Minds for Prematiire Parents) Parenting Nl (Positive Miiids for Premature Parents) Aware (Mental Health Fund) Parentin8 Nl (Mental healil) Fund) Qiieeii's University Belfasl (PMPP evaluation) Cash For Kids hardship fund payinenls 4,060 9,258 12,880 12,743 23,000 4,060 9,258 12,880 12,743 23,000 17,850 17,850 17,850 61,941 79,791 12. Net ineomel(expenditure) for Ihe year 2025 2024 Thls18 stAted after charging Siaff costs (note 15) Fees payable lo the company's auditor for aLidil of the accounts Depreciation of taiigible fixed ass¢t5 - owned assets Operating lease payinents 635,184 3,000 17,774 20300 688,806 3.000 21,164 20,200 13. Audltor's remuneration The audilor's remuneration amounts to an aiidit fee of £3,000 (2024.. £3,000) and other services of £Nil (2024.. £Nil).
30 TinyLife (A company limited by guArantee) NOTES TO THE FINANCIAL STATEMENTS (Conliiiiied) YEAR ENDED 31 MARCH 2025 14. Directors, and key management personnel remunerAlion and expenses The total amount of remuneration and benefits received by key managein¢nt in the year was £214,511 (2024: £208,732). The cliarity considers its key management personnel comprise of the Senior Management team. During the year, the directors neither received nor waived any remuneratbon. nor accrued any pension arran8emenls and were not reimbursed expenses (2024: £Nil). 15. St2ff costs And employee benefits The average Inonihly number of employees and full time equivalent {FTE) during tlie year was as follows: 2025 202S 2024 2024 Number FTE Number FTE Raisin8 funds Charitable activities Governance 16 11 19 13 22 16 27 19 The total staff costs and employees, benefits was as follows: 2025 2024 Wages and salaries Social security Defined contribulion pension costs Other employee benefits 538,532 588,034 41,488 43.952 54062 56,552 302 268 635,184 688,806 2025 2024 Allocated to: Raising funds Support services Education Awareness Research Othcr 126,070 143,272 361,491 389,212 57,822 51,596 51,648 54,703 18,432 15,092 19,721 34.931 635,184 688,806
TinyLife (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS (Coiilliiiied) YEAR ENDED 31 MARCH 2025 IS. Staff eosts and employee benefits (conlinued) The number of employees who received total employee benefils (excliiding employer pension costs) of more than £60,000 is as follows: 2025 No. 2024 No. £60.001- £70,000 £70,001- £80,000 £80,001- £90,000 £90,001- £ 100,000 16. Taxgtion Tlie charity is a registered charity, and as such is entitled to certain tax ex¢inptions on incoine and profits from investments, and surpliises on any trading activities carried out in tlie furtherance of the charity's primary objectives, if tlicse profjts and surpluses are applied solcly for charilable purposes. The cl)arity is not registered for VAT and. accordin8ly, all their expenditure is inclusive of any VAT incurred. 17. Tangible assets Fixtures, rittin%s and equipment Tolal Cost At l April 2024 Additions 205,238 26,241 205,238 26,241 231,479 At 31 March 2025 231,479 Aceumulated depreciation At l April 2024 Charge for tlie year 179,446 17.774 179,446 17,774 At 31 March 2025 197,220 197,220 Net book amount At 31 March 2025 34,259 34,259 At 31 March 2024 25,792 25,792
32 TinyLife (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS (Conlliiiied) YEAR ENDED 31 MARCH 2025 18. Debtors 2025 2024 Prepayments and accrud income 39,936 39,936 25,182 25,182 19. Current asset investments 2025 Total 2024 Tolal Short term deposits Short terni deposits At l April 2024 Additions Disposals At 30 Aprll 2025 170,000 170,000 170,000 170,000 255,000 255,000 170,000 170,000 (170,000) (170,000) (170,000) (170.000) 255,000 255,1)00 170,000 170,000 £85,000 invested in a 6 month fixed term account with an interest rate of 5.400/0 matured on 29 April 2024 and £85,000 invested in a l-year fixed term account wilh an interest rate of 5.650/1* matur¢d on 30111 October 2024. During the year, monies were invested in short term deposits: £85,000 invested in a 6 month fixed term deposit with a maturity dale of 20 May 2025 and an interest rate of 4.680/0: £85,000 invested in 6 month fixed terni deposit with a maturity date of 31. July 2025 and an interesl rate of 4.60/0. and £85.000 invested in a l y¢ar fixed term deposit with a maturity date of 5, November 2025 and an interest rate of 4.550/0. 20. Creditors: amounts falling due within one year 2025 2024 Other tax and social security Other creditors Accruals 9,456 65,738 13,859 11,422 7,015 36.576 55,013 89,053
33 TinyLife (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS (Coiiliiiued) YEAR ENDED 31 MARCH 2025 21. Contingent liability The charitable company lias a contingent liability to repay grants received if tl)e company fails to comply witli certain conditions slipulated in tlie l¢tter of offer and terms and conditions of contract uiider which the grants were paid, The directors do nol expect any claims to be made iii this respect. 22. Fund reconcilialion Unrestrieted funds Balance at l April 2024 Balance at 31 Mareh 2025 Income Expenditure Transfers Unrestricted 368,718 415,609 (350,825) (350,825) 26,241 459,743 368,718 415,609 26,241 459,743 Balance at l April 2023 Balance at 31 March 2024 Incoine Expenditure Transfers Unrestricted 357,741 421,475 (410.498) (410,498) 368,718 357.741 421,475 368,718 Restricted funds Balance at l April 2024 Balance at 31 March 2025 Incoine Expenditure Transfers Restricted 9,611 576,087 (516.431) (26,241) (26,241) 43,026 9,611 576,087 (516,431) 43,026 Balance at April 2023 Balance at 31 March 2024 Incom¢ Expenditure Transfers Restricted 97,659 502,886 (590.934) (590,934) 9,611 97,659 502,886 9,611
34 TinyLife (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS (Conlinued) YEAR ENDED 31 MARCH 2025 23. Restricted funds Balance at 31 March 2024 Balance at 31 March 2025 Movement in funds Outgoing Transfer out Incoming Support Service51 EdueAtion l Awareness NHSCI" NHSCT SHSCT PHA Awards For All I SPPG SEHSCT WHSCT WHSCT 2 Cash For Kids Clear Projects Department of Education Department of Education BHSCT Dormant Accounts Tesco Openwork Kingsbridge Foundation Thc Grace Trust Awards for All 2 BCPP Garfield Weston 15.000 25,157 23,158 49,565 15,000 25,157 23,158 30.821 3,911 22,315 27,295 23,572 24,000 4,900 21,318 177,523 39,137 26,757 31,833 1.500 12,500 18,744 3911 22,315 27,295 23,572 24,000 4,900 800 20,518 177,523 39,137 26.757 31,833 1,500 12,500 1.874 9,783 20,000 9,600 15,000 576,087 1,874 5,623 4,160 1,500 74 18,500 9,526 15,000 9,611 516,431 26,241 43,026 NHSCT Salary family support services in the Northern Healih and Social Care Trust area. SHSCT- family support services in the Southern Health and Social Care Trust area. PHA - Breast pump loan services. Awards For All l - TinyGym. SPPG funding for family support programme. SEHSCT- funding for family 5UPPOrt in the South Eastern Health & Social Care Trust area. WHSCT - funding for family support in the Western Health & Social Care Trust area. Clear Projects- Sensory sessions for families. Department of Education - Tinystart Programme. Department of Education - Schools Prograinme. BHSCT Family support services in the Belfast Health & Social Care Trust area. Dormant accounts Sirategic development funding. Casli for kids - hardship funding. Tesco- Breast pump kits and bags.
35 TinyLife (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS (Conllnueil) YEAR ENDED 31 MARCH 2025 23. Restricted funds (colllinued) Openwork - fam ily support services Kin8sbridge Foundation Breast Pump. Tlie Grace TrLlSt Breast pumps and kits. Awards for All 2 family support services. BCPP - community pharmacy project. Garfield Weston fainily support services. Balance al 31 Marcli 2023 Balance at 31 March 2024 Moveinent iii fiinds Outgoing Transfer out Incoming Support Servicesl Education / Awareness NHSCT NHSCT SFISCT PHA PHA Awards for All I SPPG Big Lottery Fund 15,000 22,653 21,305 26,245 2,550 i 0,000 22,000 35,116 15,000 22,653 21,305 26,245 2,550 6,089 22,000 81,710 3,911 46,594 E:11 Menlal Health Flind SEHSCT WI ISCT SPPG (Weslern Trust) WHSCT Cash for Kids Clear Projects Department of Educatioii Department of Education BHSCT Dorn)ant Accounts 47,515 7,000 22,312 20,778 18,000 3,000 19,200 5,520 160,202 34,264 25,000 32,741 54,515 22,312 20,778 18,000 3,000 17,850 4,720 160,202 34,264 25,000 32,741 3,550 4,900 800 97,659 502,886 590,934 9,611 NHSCT Salary - family support services in the Northern Healtl) and Social Care Trust area, SHSCT- family support s¢rvices in the Southern Health aJ)d Social Care Trust area. PHA Cost of Living support. PHA - Breast pump loan services. Awards For All l - TinyGym. Mental Health Fund - Support Services. SPPG - funding for family support programme. Big Lottery Fund - Positive Minds for Premature PantS Programme.
36 TinyLife (A company limited by guarantee) NOTES TO THE FIIYANCIAL STATEMENTS (Coiiliiiued) YEAR ENDED 31 MARCH 2025 23. Restricted funds (conlinued) SEHSCT- funding for fainily support in the South Eastern Health & Social Care Trust area. WHSCT funding for family support in the Weslern Health & Social Care Trust area. SPPG (Weslern Trust) - fundiiig for family support in the WHSCT area. Clear Projects Christmas sensory parties for families. Department of Ediication ._ Tinystart Programine. Department of Education - Schoo15 Programine. BHSCT- Family support services in the Belfast Healtli & Social Care Trust area. Dormant accoiints - Strategic development funding. Cash for kids - hardship fundin8. 24. Fund transfers The transfers of £26,241 are in relation to the purcliase of fixed assets funded by reslrictcd funds. The restrictions on these funds have been fulfilled on the purchase of these assets and therefore the amount was transferred to unrestricted funds. 25. Fund descriptions a) Unrestricted funds Funds which are expendable at the discretion of the Charity in furtherance of its objectives. In addition to expenditure on activiti¢s such funds may be held in order to finance capital investtn¢nt and working capital. b) Designated funds The truslees have not designatd any funds to be allocated towards specific purposes (2024: £Nil) c) Restricted funds Restricted funds are to be used for specified purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund, together with a fair allocation of overheads and support cosls. 26. Pension The charitable company operates a defined conlribution scheme for its etnployees. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £54.862 (2024: £56,552). The amount of pension costs accrued at the year end amounted to £Nil (2024: £Nil).
37 TinyLife (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS (Coiilipiued) YEAR ENDED 31 MARCH 2025 27. Analysis of net assels between funds Unrestricted Designated funds funds Restricted fiinds 2025 Total Fixed assets Cash and other currenl assets Ciirrent liabilities 34,259 514,537 (89,053) 34,259 557,563 {89,053) S02,769 43,026 Total 459,743 43,026 Unreslricted Designated funds fiinds Restricted funds 2024 Total Fixed assets Cash and ¢(Irrent a55¢ts Other current liabilities 25,792 397,939 (55,013) 368.718 25.792 407,550 (55,013) 378,329 9,611 Total 9,611 28. Reconciliation of net incomel(expenditure) lo net cash flow from operating Activities 2025 2024 Net income/(expendilure) for year 124,440 (77,071) Depreciation and iinpairm¢nt of tangible fixed assets Interest from iiivestments Increase in debtors Incr¢ascl(De¢rease) in credilors Net cash flow from operating activities 17,774 (25,116) (14,754) 34,040 136J84 21,164 (18,969) (5,793) (20,086) (100,755) 29. Financial commitment No contracts had been placed for future capital expenditure at the balance sheet dale.
38 TinyLife (A eompany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS (Coiilinued) YEAR ENDED 31 MARCH 2025 30. Operating leases - lessee Total future minimum lease payments under non-cancellable operating leases are as follows.. 2025 2024 Not later than one year Later than one year and not later than five years 20.200 15,150 15,150 35JSO 15,150 31. Liability of members TinyLife is a company limited by guarantee and does not have a share capilal. It is governed by a M¢morandum and Article5 of Association and the liability of members is limited to an amount not exceeding £1. 32. Ultimate eontrolling party There is no ultimate controlling party. 33. Related parties Tliere were no related party transactions during the year (2024: £Nil). 34. Financial instruments The carrying amounts of th¢ charity's financial instrumenls ar¢ as follows: 2025 2024 Financial asse¢s.' Debt instruments measured at cost less impairment: Current asset investments - l year fixed term deposits Current asset iiivestments - six month fixed term deposits 85,000 170,000 255.000 85,000 85,000 170,000 The total interest income and interest expense for financial assets and financial liabilities was £25,116 {2024: £18,969) and £Nil (2024: £Nil) r¢5pectively.