COMPANY REGISTRATION NUMBER: N1670029 CHARITY REGISTRATION NUMBER: NIC108165 Ladybirds Children's Services Company Limited by Guarantee Financial Statements 31 March 2023 Ladybirds Children's Services Company Limited by Guarantee Financial Statements Year ended 31 March 2023 Page Trustees. annual report (incorporating the directorfs report) Independent examiner's report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Statement of cash flows 10 Notes to the financial statements 11 Page 1 Ladybirds Children's Services Company Limited by Guarantee Trustees, Annual Report {In¢orporating the Director's Report) Year ended 31 March 2023 The irustees. who are also the directors for the purposes 0% company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2023. Reference and administrative details Registered charity name Ladybirds Children's Services Charty registratlon number NIC108165 Company registration number N1670029 Principal office and registered 357 Old Belfast Road office Bagor BT19 1RB N.Ireland The trustees Shona Kelly Karin Gilkinson Georgina Murray Nicole Weir Independent examiner Johnston Graham Lirnited 2161218 Holywood Road Belfast BT4 1PD Structure, governance and management Ladybird Children's Services is governed by a Memorandum and Articles of Association and is a Company Limited by Guarantee with charitable status. LAOYBIRDS is registered with HMRC for charitable purposes. On appointment to the Board of Directors, the Tfustee receives induction training to ensure they are aware of the iesponsibility of their posL The roles and responsibilities of the Board of Directors are contained in the Board Induction Manual and detail the strategic level of iheir decision making powers. Operational matters are delegated to Ihe Orerations Manager who reports to Ihe Board al meetings held at least 6 times per year. There are Board Sub-Groups indudin9 StaffirrfJ and Finance. It is a family and childcare centre, registered with the South Eastern Trust, managed day to day by an Operations Manager and a team of qualified staff. It is open Monday to Friday, 07.30 arn ￿ 17.30pm. Page 2 Ladybirds Children's Services Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (continuedl Year ended 31 March 2023 Objectives and activities The obj'ectives of LADYBIRDS are to promote any charitable purpose for the benefit of women, children and farnily's resident in the Ard5 North Down region to improve the conditions of their lives. In particular to- 1. Providing high quality daycare and ehildcare and parenting in a safe and nurturing environment and to encourage and develop their abilities and Conf￿enCe by organising activities Ihat will enhance their health and wellbeing and their social and intellectual developmenL 2.Prov(ding facilities and recreational and educational activities for the care and development of children and young people during out-of-school hours and school holidays. 3.Increasing parental recognition of the needs of children and young people arKI the value of structured childcare provision and encouraging them to become involved in the activities of the Charity. 4.Advance education. relieve poverty and promote good health by Ihe provision of advice and support to parentslguardtans and offer training programmes aimed at developing good parenting. 5. Contributing to the professional development of those working in daycare and childcare. Public Benefits Statement & Declaratlon The public benefit for Ladybird Children's seNi￿s are for the purposes of benefiting children, parentslguardians and families resident in the Ards North Down area are:_ Enhance the developrnent and education of children and young people Enhance social 2nd intellectual devebpment of the children and young people tsking part in the day and childcare activities Improve health. confidence and capabilities of parentslguardians who take up offered trainin9 and support Provide faolities and recreational and educational activity for children and young people during out of hours and school holidays - Enc¢wraging parents and guardians to become involved in the aciNity of the charity Developing the skills and ability of the staff Provide advice and support to parents and guardians and offer training aimed at providing gotsj parenting No ham) arises from these purposes. Inctdental benefit may arise from transferable skills training offered to Board members lo fulfil their duties. Page 3 Ladybirds Children's Services Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) f¢onUnue Year ended 31 March 2023 Objectives and activities fconUnuadJ LADYBIRDS has been providing onsite childcare, ptaygroup, mums and tots groups, parenting programmes and early intenfention initiatives for 27 years. formerly operating as a community association, to ensure caring responsibilities are not a barrier to engagement on programmes ft)r women. It has now registered as full time daycare with South Eastern Healthcare Trust, lo widen participation and improve the progr8mmes and services provided to the children. Care is provided for children who attend programmes of support and for supporting women who are returning to the workplace and who chose to support a social economy childcare setting. Provision is split inlo relevant age categories and roorns - Babies aged O-2 years, Wobblers aged 2-3. pre-pre-school aged 34 and pre-school aged 34. Plans are in place io expand to offer afterschool serrfice and to look for a second venue to extend the places available lo paTents due to the Gurrenl waiting list. Ladybirds Childcare unit works closely wilh Early Years organisation to ensure a quality accessible service in Kilcooley and Ards North Down. for the community sector. LADYBIRDS pn)vides a community resource for children, and adVan￿S early years and play development through the delivery of childcare programmes. parenting courses and initiatives, mentoring and guidan￿. It aims to ensure all children reach their devefopmental milestones and lull potential through foslering a nurture based play programme. delivering evidence based programmes such as Media Initiative and Incredible Years whith supports diversity and positive parenting training for the Early Years sector. 1. Provide a welcoming space to deliver positive play developrnent to enable all children to rneet their developmental milestones and meet their full potential. 2. To deliver positive pareniing programmes for the relief of povety and disadvantage. 3. Ensure children feel safe and secure and valued. 4. Welcome all parents regardless of background. religion, race. marital status, political belief, sexual orientation, gender, Dr disability. 5. Promote equal opportunity and genderequality. 6. Providing safe and satistying group play, in Which parents are encouraged to take part in the development of the lives of their children. 7. Incfease parental recognilion of the needs of children & young people and the value of a structured Ghildcare provision. 8. Encouraging parental recognition of the needs of children & young people and the value of structured childcare provision designed to meet their needs. 9. Promoting and supporting children & young people in developing Good Relations within their community and in other Gommunities. 10. Promoting activities that will enhance the health & well-being of children & young people. 11. Doing all suth other lawful things as are necessary for or conductive to the attainment of the above aims. Page 4 Ladybirds Children's Services Company Limited by Guarantee Trustees, Annual Report (Incorporating the Directorfs Report) (¢onrfnued) Year ended 31 March 2023 Objectives and activities (etyjtinued) Special Needs Support Ladybirds provides support for children with additional and special needs. It has facilities including sensory garden with musical wall. acrylic mirror panels, wizzy dizzy to help with physical and sensory needs. water tray with different levels and mud kitchens t¢ explore different textures and sensory train where we will grow our own food and experience coburs and sme115. Our sensory room including bubble tower, Infinity Tunnel. softie with fibre optic lights, activity wall panels, weighted blanket, selection of sensory mobile tactile toys. fibre optic rug. projector which displays scenes onto ihe wall. interactive keyboard and colour changing bench and a sensory mood cube. The centre will continue to develop the sensory programme to become a centre of excellen￿ for thildren with addilional needs. Out of School Support l Holiday Clubs Ladybirds provides out of school support in the form of Breakfast Clubs, After5chool's Clubs and Holiday Clubs and Summer Schemes to support children and workin9 parents. The schemes are focused on play development and encoura9ing children reaching their fijll potenlial, developing their Confiden￿ and self*steem. Summer Schemes are based in disadvantaged areas tsrgeting hard to reach families who otherwise would not avail of summer sGheme provision. Achlevements and performan¢e staff Trainin9 Staff continue to participate in Continuous Personal Development {CPD) throughout the year. aligned to their Personal Development Plan. Training induded: - Safeguarding - Paediatric FirstAid Manual Handling - Level 2 Award in Food Safety & Catering CCLD Level 5 Childcare Leadership & Developrnent - CMI Level 3 Project Management Food Allergy & Intolerance - Adverse Childhood Experiences Level 1 Level 2 Trauma Sensitive Approach - SEN Level 2 Health & Wellbeing Working in partnership with the Public Health Agency and the South Eastem Healthcare Trust, LADYBIRDS delivered a varEd health and wellbeing and health promotion programme for both children and parents. This induded nutriiional advi￿. cooking on a budget. physical actNity. therapeutic horticulture and arts and crafts for posttive mental health. Ladybirds also operales an onsite Foodbank which is assisting the issues of Food Povety, which were he￿5htened during COVID 19. Page S Ladybirds Children's Services Company Limited by Guarantee Trustees, Annual Report (Incorporating the DireCtO￿S Report) leonllnuedj Year ended 31 March 2023 Achlevements and performance feonflnuedj Parenting & Young Women Ladybirds has developed a compFehensive parenting support programtne which is delivered face lo face and digitslly. It provides an intensive support programme for young women aged 16-25 who are at risk of not reaching their full potenlial and parents who require additional support and friendship. Promoting Intergenerational Engagement Ladybird Children's Ser4ices recognrses the valuable contribution older people provide to the loGal community and utilise their skills through our intergenerational programrnes. Ladybirds currently partners with Oakmount Residential Home, to develop understanding of inlergenerational working. older peoples issues, respect and understanding. All generations are included in our family events. which have been paused due to the Covid situation. Education & Tralning Parental educational support is encouraged through our parenling prograrnmes. This is provided both face to face and digitally via Zoom and Teams to maximise engagement and participation. We facilitate employability 5UPPOrt. CV building and job search for those parents who are seeking to escape the povety Irap. We have a dedicated Parenting Room in the Ladybirds Centre. European Mobility (Erasmus+) LADYBIRDS has been engaged in a number of Erasmus+ as an associate partner. This has enabled us to develop international links, develop good practice and share innovationlknowledge exchange. This work will conclude in Summer 2023, due to 8rexit. The centre will explore the Turing Scheme as an alternative and continue to work with the British Council for International engagement. COVID19 Crisis Intervention As the COV1019 pandemic impact was still being felt. wilh ongoing challenges in the Earfy Years sector. LADYBIRDS remained at ihe forefront for planning for supporting vulnerable clients new and existing - in relation to thesr health and wellbeing. Welfare packs to assist personal hygiene for women. children. men and baby boxes were provided for client referrals. working in partnership with health professionals, community organisations and concemed residents. Parent support sessions were delivered both face to face and an online capacity ustng Zoom. viith a specific emphasis on mental wellbeing boosting activities to support those in isolation due to lockdown. or who have long term issues as a result. including Long Covid. Food Support packs continue¢J to be offered to all participants as well as the fomiLJlalion of a local essential serVi￿S directory covering all of the Ards and North Down Area. Flnancial review Restricted rese￿e5 are used for the purposes intended as per the conditions of funding for each fund. LADYBIRDS'S festricted reseNes balance related to the timing differential receipt of funding and expenditure. There reserves should balance at zero when programmes are completed. There is a designated fund for the building project, to future proof the organisation and remove ihe ongoing risk of premises being sold. Unrestricted reserves are used for items in keeping with the organisations charitable aims and objectives including redundancy liability. At the end of the current year. the charity shows a loss of £16.191 which includes expenditure which has been capitalised for a period in the future. Page 6 Ladybirds Children's Services Company Limitsd by Guarantee Trustees. Annual Report (Incorporating the Director's Report) {¢ontln Year ended 31 March 2023 Plans for future per•ods LADYeiRDS aims to a) Complete the purchase of the building to implement an enhanced Children & Farnily Centre sep41 for Ards North Down and sirengthen the rural seN1￿$ for women, b) Ladybirds 15 continuin9 to work with Nl Housing Executive to develop an onsite provision in Kilcooley estate c) Progress the digitslisation project to improve access to LADY81RDS programmes via online platfomis. d} Develop social economy to help sustain the organisation, making it less reliant on grant income. e) secu￿ fundir@ to UP9fdde the building Funds held as custodian truGt•o LADYBIRDS does not hold funds on behalf of others. Small company provlslons This report has been prepa￿d in accordance with the provisions applicable to companies entitled to the small companies exemption. The trustees, annual report was approved on 14 December 2023 and signed on behalf of the board of Irustees by: Georgina Murray Trustee Nicole Weir Trustee Page 7 Ladybirds Children's Services Company Limited by Guarantee Independent Examinerfs Report to the Trustees of Ladybirds Children's Services Year ended 31 March 2023 I report to the trustees on my examination of the financial statement5 of Ladybirds Children's Seryices ('the charity,) for the year erKled 31 March 2023. Responsibiltties and basis of report As the trustees of the company (and also its directors for the purposes of company law) you are responsible for ihe preparab'on of the financial staternents in accordance with the requirernents of Charities Act (Northem Ireland) 2008 (the .2008 Acr) and the Companies Act 2006 {'the 20￿ Act.). You are satisfied that the accounts of the company are not required by charity or company law to be audited and have chosen instead to have an tndependent examination. Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Acl and are eligible for independent examination, I report in respect of my examination of the charity's financial statements as carried out under section 65 of the 2008 Act. In carryin9 Out my examination I have followed Ihe general Directions given by the Charity Commission for Northem Ireland under section 65{9)(b) of the 2008 ACL Independent examlnefs statement I have completed rny examination. I confirm that no matters have come to my attenb.on in connection with my examination giving me cause to believe Ihat in any rnaterial respect". accounting records were not kept in resFect of the tharity as required by section 386 of the 2006 Acl: or the financial statements do not accord with those records; or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirernenl that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination: or the financial statements have not been prepared in accordance wrth the methods and principles of the Ststement of Recornmended practi￿ for a￿ounting and reporting by charities applicable to charities preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102). I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached. E Mulholland for and on behalf of Johnston Graham Limited IrKlependent Examiner 2161218 Holywood Road Belfast BT4 1PD Page 8 Ladybirds Children's Services Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2023 2023 Restricted funds Total fvnds Total funds 2022 Unrestricted funds Note Income and endowments Donations and legacies Other trading. *ivities Total Income 23,689 23.689 110,646 72,556 91.400 163.956 110.646 110.646 23,689 134.335 Expenditure Expenditure on charitable activitES Total expenditure 7￿ 110.390 110,390 28.889 139.279 139.279 149.918 28,889 149.918 Net (expenditure)lincome and net movement in funds 256 {5.200) (4,944) 14,038 Reconciliation of funds Total fund5 brought forward Total funds carrled forward 14.038 14,294 15.860 10,660 29.898 24,954 15.860 29.898 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 11 to 18 form part of these financlal staiemen Page 9 Ladybirds Children's Services Company Limited by Guarantee Statement of Financial Position 31 March 2023 2023 2022 Nole Fixed assets Tangible fixed assets 12 9.154 11,162 Current assets Debto Cash at bank and in hand 13 2,400 34.721 600 42.084 37.121 42.684 Creditors: amounts falling due withln one year Net current assets 14 21,321 23,948 15.800 18,736 29,898 29,898 Total assets le55 current liabilities 24.954 24,954 Net assets Funds of the charity Restricted funds Unrestricted funds 10.660 14,294 24.954 15.860 14.038 Total charity funds 16 29,898 For the year ending 31 March 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities= The members have not required the company to oblain an audit of its financial statements lor the year in question in accordance wilh section 476; The directors acknowledge their ￿SponSIbl11t1eS for complying with the requirements of the Act with respect lo accounting records and the preparation of financial ststements. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies. regime. These financial statements were approved by the board of trustees and authorised for issue on 14 December 2023. and are signed on behalf of the board by: Georgina Murray Trustee Nicole Weir Trustee The notes ort pages 11 to 18 fom part af thèse financlal statements. Page 10 Ladybirds Children's Services Company Limited by Guarantee Statement of Cash Flows Year ended 31 March 2023 2023 2022 Cash flows from operating activlties Net (expenditureyincome (4,944) 14,038 Adjustments for. Depreciation of tsngible fixed assets Interest payable and similar charges Accrued (incomeyexpenses 2,288 515 (2) 2.206 561 2.211 Changes in.. Trade and other debtors Trade and other creditors {1,800) {2.625} (6.568) (600) 465 Cash generated from operations 18,881 Interest paid Net cash (used in)Ifrom operating activities (515) (7.083) (561) 18,320 Cash flows from Investing activlties Purchase oltangible assets Net cash used in investing activitie5 {280} (280> {7.275) (7.275) Net (decreasellincrease In cash and cash equivalgnts Cash and cash equivalents at beginning of year Cash and cash equlvalents al end of year (7.363) 42.084 34.721 11,045 31,039 42,084 The notes on pages 11 to 18 form part of these financlal statements. Page 11 Ladybirds Children's Services Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2023 General infomiation The charity is a public benefit entity and a private company limited by guarantee, registered in N.Ireland and a re9iStered charity in Northern Ireland. The address of ihe registered office is 357 Old 8etfast Road, Bagor, BT19 1RB, N.Ireland. Staternent of compliance These financial stalements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland.. the Statement of R￿OrnMended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) {Charities SORP (FRS 102)} and the Companies Act 2006. Accounting policles Basis of preparation The financial slatements have been piepared on the historical Cost basis, as modified by the revaluation of certain financial assets and liabilities and 1nvestff￿nt properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. Golng concérn There are no material uncertainties about the charity's ability to continue. Judgements and key sources of estimation uncertainty The preparatron of the financial statements requires management to make judgements, estirnates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Fund accounting Unrestricted fvnds are available for use at the discretion of the trustees lo further any of the charity's purposes. Designated lunds are unrestricted funds earmarked by the trustees for particular fvture project or commitsnent. Restrided funds are subjected to restrictions on their expenditure declared by the donor or through the tems of an appeal, and fall into one of two sub