Company registration number.. NL670029
Charity registration number.. NIIC108165
LADYBIRDS CHILDREN'S SERVICES
TRUSTEES, REPORT AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
IIIIILIIII
'AEHTRB19*
2011212025
COMPANIES HOUSE
A19
#181

Ladybirds Children's Services
Contents
Page
Reference and Administrative Details
Trustee5' Report
Independent Examiner's Report
Statement of Flnanclal Actlvltles (Includlng Income and Expendlture Account)
Comparative Statement of Financial Actlvltles {includin9 Income and Expenditure Account)
8alance Sheet
Notes to the Financlal Statements
10-15

Ladybirds Children's Services
Reference and Administrative Details
For-The Year Ended 31 March 2025" _
Trustees
Shona Kelly
Karln Gilkinson
Alison Blayney (appointed 09/1012024)
Ashley Clarke (appolnted 0911012024)
Nlcole Welr
Charity Number
NIIC108165
Company Number
N1670029
Reglstered Offlce
357 Old Belfast Road
Bangor
BT19 IR8
Independent Examiner
Brian Stewart FCA Independent Examiners
R8CA Llmlted
Llnenhall Exchange
26 Linenhall Street
Belfast
BT2 88G
Page I

Ladybirds Children's Services
Company No. N1670029
Trustees, Report For The Year Ended 31 March 2025
The trustees present their report and the finandal statements for the year ended 31 March 2025.
Objectlves and Activities
Aims and ObSectlves
The objectives of LADYBIRDS are to promote any Charitable purpose for the benefSt of women, chlldren and famlly's
resident In the Ards North Down region to improve the condltbons of thelr Ilves.
In particular to..
l.Provldlng high quality daycare and chlldcare and parenting in è safe and nurturlng environment and to encourage and
develop their abllltles and confidence by organislng artivities that will enhance thebr health and wellbelng and thelr soclal
and Intellectual development.
2.Provldlng facilities and recreational and edutational activities for the care and development of children and young people
during out-of-school hours and School holidays.
3.Increasing parentol recognition of the needs of children and young people and the value of a structured childcare
provislon and encouragin9 them to become involved in the actlvities of the Charity.
4.Advance education, relieve poverty and promote good health by the provision of advice and support to parentslguardlans
and offer trainSng programmes almed at developlng 9ood parentlng.
5.Contrlbuting to the professlonèl development of those working in daycare and chlldcare.
Public Benefits Statement & Declaratlon
The publlc beneflt for Ladyblrd Children's Services are for the purposes 0¢ benefitlng children, parents19uardlans and
families resident In the Ards North Oown area are'.-
Enhance the developrnent and educatlon of children and young people - Enhance social and Intellectual development of
the chlldren and young people taking port in the day and childcare activlties
Improve health, confidence and capabilities of parentslguardians who take up offered tralnlng and
support
Provlde facilities and recreatlonal and educatlonal actlvity for children and young people durlng out of hours and school
holldays EncouragSng parents and guardlan5 to become Involved in the actlvity of the charlty
Developin9 the skills and ability of the staff
vrovlde èdvice and support to parents and ouardlans and offer tralnlng almed at provldlng good
parentlng
No harm aroses from these purposes. Incidental benefit may arise from transferable skills tralning offered to Board
members to fulfil their duties.
LAOYBIRDS has been provldlng on51te chlldcare, playgroupi mums and tots groups, parentlng programmes and early
interventlon Inltlatives for 27 years, formerly operatlng as a commvnlty assoclatlon, to ensure caring responsibilities are not
barrler to engagement on programmes for women. It has now registered as full time daytare with South Eastern
Healthcare Trust, to widen participation and improve the programmes and 5ervice5 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 soclal economy childcare setting.
Provision 15 split into relevant age categories and rooms - Babie5 aoed 0-2 year5, Wobblers aged 2-3, pre-pre-school aged
3-4 and pre-school aged 3-4. Plans are in place to expand to offer afterschool servbce and to look for a second venue to
extend the places available to parents due to the current
waitin9 Ilst. Ladybirds Childcare unlt works closely wllh Farly Years organisation to en￿Jure a quallty occessible seivlie iii
Kilcooley and Ards North Down, for the community sector.
LADYBIRDS provide5 a community resource for chlldren, and advances earty years and play development through the
delivery of childcare programmes. parenting courses and initlatives, mentorin9 and gubdance. It aims to ensure all chlldren
reach their developmental milestones and full potential through fosterlng a nurture based play programme, delivering
evidence based programme5 Such as Nedia Inltiatlve and Incredible Years which support5 diversity and positive parenting
tralning for the Early Years sector.
l. Provlde a welcomlng space to dellver positive play development to enable all chlldren to meet thelr developmental
milestones and meet their full potential.
2. To deliver positive parenting programmes for the relief of poverty and disadvantage.
3. Ensure children feel safe and secure and vèlued.
.CONTINUED
Page ?

Ladybirds Children's Servlces
Trustees. Report (continued)
For The Year Ended 31 March 2025
Aims and Objectlves - contlnued
4. Welcome all parents regardless of background, religion. race, marital status, political belief, sexual orientation, gender. or
disability.
S. Promote equal opportunlty and gender equallty.
6. Providing safe and satisfylng group play, in which parents are encouraged to take pèrt in the development of the lives of
their children.
7. Increèse parental recognltSon of the needs of chbldren & youn9 people and the value of a structured chSldcare provlslon.
8. Encouraging parental recognition of the needs of chlldren & young people and the v)lue of strurtured childcare provislon
designed to meet their needs.
9. Promotin9 and supportlng children & young people in developing Good Relatlons within their communlty and in other
communltles.
IU. Promoting actlvltles that wlll enhance the health & well-belng of children & young people,
I l. Dolng all such other lawful things as are necessary for or conductive to the attaSnment of the above aims.
Speclal Needs Support
LadybSrds provides 5UPPOrt for Children with additional and speclal needs. It has facilities including a sen50ry garden with
muslcal wall, atrylic mirror panels. wiz2y dizzy to help with physical and sensory needs, water tray wlth different levels and
mud kltchens to explore dlfferent textures and sen50ry traln where we wlll grow our own food and experlence colours and
smells. Our sensory room Including bubble tower, Infinity Tunnel, softle wlth fibre optlc lights, actlvity wall panels, weighted
blanket, selection of sensory mobile tactile toys, fibre optlc rug, projector which displays scenes onto the wall, interactive
keyboard and colour changlng bench and a sensory mood cvbe. The centre wlll contlnue to develop the sensory
programme to becorne a centreof excellence for children with additional needs.
Out of School Support l Hollday Clubs
Ladybirds provides out of school support In the form of Breakfast Clubs, Afterschool's Clubs and Holiday Clubs and Summer
Schemes to support children and working parents. The schemes are focused on play development and encouraglng chlldren
reachlng their full potentlal, developin9 their ¢onfSdence and self-esteem,
Summer Schemes are based Sn disadvantaged areas targetlng hard to reach farnS1Ses who otherwise would not avall of
summer scheme provision.
Achievements and Performance
Maln Achlevement$
staff Training
Staff continue to particlpate In Contlnuous Personal Development (CPDI throughout the year, allgned to thelr Personal
Development Plan. Tralnlng Included..
Safeguarding
Paediatric First Aid
Manual Handling
Level 2 Award In Food Safety & Caterlng
CCLD Level 5 Chlldcare Leadership & Development
CMI Level 3 Project Management - Food Allergy & Intolerance
Adverse Childhood Experiences Level I
Level 2 Traurna Sensitive Approach
SEN Level 2
-Level 5 Leadershlp ènd Management
Health & Wellbeing
Working in partnership wlth the Publlc Health Agency and the South Eastern Healthcare Trust, LADYBIRDS delivered
varied health and wellbeing and health promotion programme for both children and parents. This included nutritional
advice, cooking on a budget, physical activity, therapeutic horticulture and arts and crafts for posltive mental health.
Ladybird5 also operates an onsite Foodbank which is assisting the issues of Food Poverty, which were heightened during
COVID 19.
Parenting & Young Women
..CONTINUED
Page 3

Ladybirds Children's Services
Trustees. Report (continued)
For The Year Ended 31 March 2025
Maln Achievements- continued
Ladyblrds has developed a comprehensive parenting sUPPOrt programme which is delSvered face to face and dlgbtally. It
provbdes an Intensive support programme for young women aged 16-2S who are at rlsk of not reaching their full potential
and parents who require additional sUPPOrt and friendship.
Ending Violence Against Women & Girls
Ladybirds works wlth the South Eastern Domestic Violence Partnership, a consortiom of or9anisètlons supportlng vlctims
and survlvors of domesticabuse and coercive control. The organisatian responded to the consultation on the Nl Executive
policy development to ensure the voice of local families. women and gbrls were heard at a regional and policy making level.
Lobbying & Advocacy
The organlsation lobbles local, regional and natlonal Government, meetlng wlth declslon makers and policy lead, to promote
the support of families and children Sn the Ards and North Down region, on key area5 which are Impacting local families
including povertyi affordable childcare, early years support and children with additional needs.
Promoting Intergenerational Engagement
Ladybbrd Chlldren's ServSces recooni5es the valuable contrlbutlon older people provlde to the local community and ytillse
their skills through our Intergenerational programmes. Ladyblrds currently partners wlth Oakmount Residential Home, to
develop understandin9 of Intergenerational working, older peoples Issues, respect and understandbng. All generations are
included in our family everhts, which have been paused due to the Covid situation.
Education & Tralnlng
Parental educational svpport Is encouraged through our parentSng programmes. Thls Is provided both face to face and
dlgitally vla Zoom and Teams to maximise engagement and partlcipation. We facilitate employabi1Sty support, CV building
and job search for those parents who are seeking to escape the poverty trap. We have a dedicated Parenting Room in the
Ladybirds Centre.
EuropeJn Moblllty (Erasmus+)
LADYBIRDS has been engaged in a number of Erasmus+ as an associate partner. Thls has enabled us to develop
international Ilnks, develop good practlce and share innovation/knowledge exchange. This work will conclude in Summer
2023, due to Brexit. The centre wlll explore the Turing Scheme as an alternative and continue to work with the 8rltish
Councll for Internatlonal engagement.
Financial Revlew
FlnJncial Positlon
Restricted reserves are used for the purposes Intended as per the condltlons of fundSng for each fund. LADYBIRDS'S
restricted reserves balance related to the timlng dlfferential receipt ol funding and expenditure. There reserve5 should
balance at 2ero when programmes are completed. There is a desionated fund for the building project, to future proof the
organisatlon and remove the ongolng rlsk of premises being sold.
Unrestrirted reserves are used for items in keeping wlth the organisations charitable aSms and objectives includSng
redundancy liability. At the end of the current year, the charlty shows a surplus of £35,873 (2024.. Deficit Él 5,414) wlth the
accumulated funds of £45,413 (2024.. £9,540) whSch includes expenditure which has been capitalised for a perSod In the
future.
Addltlonal Note
Plans for future periods
LADYBIRDS aims to
a> Complete the purchase of the bullding to implement an enhanced Chlldren & Famlly Centre service for Ards North Down
and strengthen the rural services for women,
b) Ladybirds Is contlnulng to work with Nl Housing Executive to develop an onsite provision in Kilcooley estste
c} Progress the digitalisation project to improve access to LADYBIRDS programmes via online platform5.
d) Develop social economy to help 5UStain the organisation, makSng it less rellant on grant income.
e) Secure funding to upgrade the building
Funds held as custodian trustee
..CONTtNUED
Page 4

Ladybirds Children's Services
Trustees. Report (continued)
For The Year Ended 31 March 2025
Addltlonal Note - continued
LADYBIRDS does not hold funds on behalf of others.
structure, Governance and Management
Governing Document
Ladybird Children's SeNlces is governed by a Nemorandum and Articles of Association and rs a Company Limited by
Guarantee with charltable status. LADYBIRDS is registered with HMRC for charitable purposes. On appointment to the Board
of Directors, the Trustee receives induction trainlng to endure they are aware of the responsibility of their post. The roles
and responslbllities of the Boart of Direttors are contained Sn the Board Induction Manual and detail the strateglc level of
thelr decision making powers. OPerational matters are delegated to the Operation5 Manager who reports to the Board at
meetings held at least 6 times per year. THere are Board Sub-Groups includSng Stsffing and Finance.
It Is a fai)iily land chlldcare centre, reglstered wlth the South Eastern Trust, ,managed day to day by an Operatlons Manager
and a team of qualified staff. It Is open Monday to Friday, 07.. 30 èm to 17.. 30pm.
statement of Trustees. Responsibilities
The trustees {who are also the directors of Ladyblrds Children's SeNices for the purposes of company law) are responsible for
preparing the Trustees. Report and the financlal statements In accordance wlth appllcable law and Unlted Kingdom Accountlng
Standards (United Kingdom Generally Accepted Accounting Practlce).
Company law requires the trustees to prepare financial statements for each flnanclal year. Under company law the trustees
must not approve the flnancial statement unless they are satisfied that they 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 expendlture, of
the charitable company for that perlod. In preparlng the financlal statements the trustees are required to..
select suitable accounting policie5 and then apply them consistentlyt
obseNe the methods and prlnclples in the Charity SORP,.
make Judgments and accountlng estimates that are reasonable and prudent,. and
prepare the financial statements on the going concern basis unless it is inapproprlate to presume that the company
will contlnue In buslne5S.
The trustees are responslble for keeplng adequate occountlng records whlch dlsclose wlth reasonable accuracy at anyt5me the
flnancial position of the charltable company and lo enable them to ensLtre that the accounts comply wlth the Companies Act
2006. They are also responsible for safeouarding the assets of the company and hence for taklng reasonable steps for the
prevention and detection of fraijrl And other irregularitieJ.
The tnjstees are responsSble for the maintenance and integrlty of the corporate and financlal informatSon Included on the
charitable company's website. Leglslation in the Unlted Kingdom goveming the preparatlon and dlssemlnation of financial
statements may differ from legislation In other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relatln9 to companles svbJe¢t to the small cornpanies
reglme wllhln Part 15 of the Companies Act 2006.
The tnJstees' report was approved by the board of trustees and signed on its behalf by:
s&.- &ii
Ukjw
Shona Kelly
Nlcole WeSr
Trustee
Date
Trustee
19 Dec 2025

Ladybirds Children's Services
Independent Examiner's Report to the Trustees of Ladybirds Children's Services
For The Year Ended 31 March 2025
I report to the charity trustees on my examination ol the accoLTrnts of the Company for the year ended 31 March 2025.
Responsibilities and Basis of Report
As the eharlty trustees of the Company {and also Its dlrectors for the purposes of company law). you are re5ponslble for the
preparation of the accounts in accordance with the requirernents of the Companles Act 2006 ("the 2006 Act").
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and
are eligible for Independent examlnation, E report in respect of my examination of your charity's accounts as carried out under
section 145 of the Charities Act 2011 I'the 2011 Act'l. In carrying out my examlnatlon I have followed the Dlrectlons glven by
the Charity Commlsslon under sectbon 145{5) (b) of the 2011 Act.
Independent Examiner's Statement
I have completed my examlnation. I confirni th￿t no matters have come to my attention In ctsi)IleLtSon wlth the examinatlon
givlng me cause to believe:
l. accounting records were not kept In respect of the Company as required by sertion 386 of the 2006 Act; or
2. the accounts do not accord with those record5; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other thèn any
requirement that the accounts give a 'true and falr vlew, whlch Ss not a matter consldered as part of an Independent
examinatlon; or
4. the accounts hove not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in
accordance with the Financlal Reporting Standard appllcable in the UK and Republlc of Ireland (FRS 102).
I have no concerns and have come across no other matters In connectlon with the examlnatlon to which attentlon should be
drawn in this report in order to enable a proper understanding of the account5 to be reached,
Brian Stewart FCA Independent Examiners
Date
RBCA Llmlted
Llnenhèll Exchange
26 Linenhall Street
Belfast
BT2 8BG
19 Dec 2025
Page 6

Ladybirds Children's Services
statement of Financial Activities (including Income and Expenditure Account).
For The Year Ended 31 March 2025
2025
2024
Unrestricted Restrlrted
funds
funds
Total
funds
Total
funds
Notes
INCOME AND ENDOWMENTS FROM:
Donations and.legacies
Other tradin9 activities
20.856
20,856
156,151
50,945
101,517
156,151
156,151
20.856
177,007
152,462
EXPENDITURE ON:
Charltable a¢tlvities'.
Expenditure on charitable activities
{120,278) (20,856} {141, 1341 (167,877)
NET INCOME/(EXPENDITURE)
35,873
35,873
{15,41S)
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
Total funds brought forward
35,873
35,873
(15,415)
3,063
6,477
9,540
24,954
TOTAL FUNDS CARRIED FORWARD
14
38,936
6,477
45,413
9,539
The notes on page5 10 to 15 form part of these financlal statements.
Page 7

Ladybirds Children's Services
Comparative Statement of Financial Activities (including Income and Expenditure
Account)
For The Year Ended 31 March 2025
2024
Unrestricted Restricted
funds
funds
Total
funds
Notes
INCOME AND ENDOWMENTS FROM:
Oonations and legacie5
Other tradlng activitles
50,945
50,945
101,517
101,517
101,517
50,945
152,462
EXPENDITURE ON:
Charitable activitles:
èxpendlture on charltèble artlvlties
(112, 7481 (55.129) {167,8771
(11,232)
NET EXPENDITURE
{4.183) {15,415)
NeT MOVEMENT IN FUNDS
RECONCILIATION OP FUNDS:
Total funds brovght forward
(11,2321
{4,183) {15,415)
14,294
10,660
24,954
TOTAL FUNDS CARRIED FORWARD
14
3,062
6,477
9,539
The notes on pages 10 to 15 lorm part of these flnancial statements.
Pagc 8

Ladybirds Children's Services
Balance Sheet
As At 31 March 2025
2025
2024
Unrestrlcted Restrlcted
funds
funds
Total
funds
Total
funds
Notes
FIXED ASSETS
Tangible Assets
li
10,037
10,037
12,546
10,037
10,037
12.546
CURRENT ASSETS
Debtors
Cash at bank and in hand
12
2,400
16,657
45,609
6,477
52,086
45,609
6,477
52,086
19,057
Credltors: Amounts Falllng Duè Withln One Year
13
116,710)
(16,710) {22,064)
NET CURRENT ASSETS (LIABILITIES)
28,899
6.477
35,376
13,007)
TOTAL ASSETS LESS CURRENT LIABILITIES
38,936
6,477
45,413
9,539
NET ASSETS
38,936
6.477
45,413
9,539
FUNDS OF THE CHARITY
Restricted Funds
Unrestricted Funds
6,477
38,936
6,477
3.062
TOTAL FUNDS
14
45,413
9,539
For the year endlng 31 March 2025 the charitable company was entitled to exemptlon from audit under sectlon 477 of the
Companles Act 2006 relatlng to small companies.
The members have not required the charitable company to obtaln an audit in accordance wlth section 476 of the Companles
Act 2006.
The trustee5 acknowledge their responsibilities for complying with the ￿quirementS of the Act with respert to accounting
records and the preparatlon of accounts.
These accounts have been prepared In accordance wlth the provisions applicable to companies subject to the Small companies
regime.
On behalf of the board
SL
UkJ@Af
Shona Kelly
Nlcole Weir
Trustee
Oate
Trustee
19 Dec 2025
The notes on pages 10 to 15 form part of these financial statements.
Page 9

Ladybirds Children's Servlces
Notes to the Financial Statements
For The Year Ended 31 March 2025
l. General Information
Ladybirds Children's Services Is a company limited by guarantee, incorporated in Northern Ireland. registered number
N1670029 and registered charlty number NIIC108165. The registered office is 357 Old Belfast Road , Bangor, 8T19 IRB.
2. Accounting Pollcles
2.1. B?sis of Preparation of Financlal Statements
The financial statements have been prepared in accordance wlth the Charlties SORP IFRS 102) "Accountlng and
Reportlng by Charities.. Statement of Recomrnended Practice appllcable to charities preparing their accounts In
accordance with the Financial Reportlng Standard applicable In the UK and Republic of Ireland {FRS 102) leffectlve I
January 20191" Financial Reporting Standard 102 "The Finantial Reportino Standard appllcable in the UK and Republic
of Ireland" and the Companles Act 2006.
The charitable company Is a Publlc Benefit Entlty as defined by FRS 102.
The presentation curreney is £ Sterllng.
The level of rounding is to the nearest £.
2.2. Golng Concern Dlsclosure
There are no material uncertèlnties about the charlty's ability to contlnue.
2.3, Significant Judgements and estSmatlons
The preparatlon of the flnanclal statements requlres management to make Judgements, estimates and assumptlons
that affect the amounts reported. These estimates and Judgements are continually reviewed and are based on
experience and other factors, includlng expectations of future events that are believed to be reasonable under the
circumstances.
2.4. Fund Accountlng
Unrestricted funds are avallable for use at the discretion of the trustees to further any of the charlty's purposes.
Designated funos are unrestricted funds earmarked by the trustees for partlcular future project or comrnltment.
Restricted funds are subjected to restrlttlons on thelr expendlture declared by the donor or through the terms of an
appeal, and fall Snto one of two sub-classes.. restrlcted income funds or endowment funds.
2.5. Incoming Resources
All Incoming resources are Included In the statement of flnanclal activities when entitlement has passed to the charityt
t Is probable that the economic beneflts associated with the transaction wlll flow to the charity and the amount Can be
reliably measured. The following speclflc policies
are applied to particular categories of Income.,
Income from donatlons or grants is recognised when there Is evidence of entitlement to the oift, receipt is probable
and Its amount can be rneasured rellably.
legacy income is recognlsed when receipt is probable and entltlement Is established.
Income from donated goods Ss measured at the fair value of the goods unless this Is impractlcal to measure rellably*
in which case the value is derived from the cost to the donor or the estlmated resale value. Donated facilities and
servlces are recognised in the accounts when received if the value can be re15ably measured. No arnounts are Included
ror the contribution of general volunteers.
income from contrdcts for the supply of services Is recognise(J with the delivery of the contracted Service. This is
classified as unrestricted fund5 unless there is a contrartual requirement for it to be Spent on a particular purpose and
returned if unspent, in which case it may be regarded as restricted.
Page lo

Ladyblrds Children's Services
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2.6. Resources Expended
Expenditure is recognised on an accruals basls as a Ilability is Incurred. Expenditure includes any VAT whlch cannot be
fully recovered. ond is classified under headings of the ststement of financial activities to which it relates..
expenditure on raising fund5 includes the costs of all fundraising activities. events, non-charitable trading actlvltles.
and the sale of donated ooods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its
charitable aims for the benefit of Its beneflclanes, includin9 those support costs and costs relatln9 to the governance of
the charlty apportloned to charltable actlvltle5.
other expenditure Includes all expendlture that Is neither related to ralslng funds for the charity nor part of Its
expenditure on charitsble actlvities.
All costs are allocated to expendlture categories reflectlng the use of the resource. Direct costs attrlbijtahlp to a $ln9le
activitv are allnrAltr,d dir•rtly to thè¢ 3knliviLy. costs èi Lluiied berween the activities they contribute to on
a reasonable, justiflable antj consistent ba515.
2.7. Tangible Flxed Assets and IleprecSatlon
Tangible flxed assets are measured at cost less accumulated depreciation and any accumulated impalrment losses.
Depreciatlon 15 provided at rates calculated to write off the cost of the ffixed assets, less their estimated residual value,
over thelr expected useful Ilves on the followlng base5'.
Computer Equlpment
20% reduclng balance
2.8. Cash and Cash Equivalents
Cash and cash eoulvalents are baslc flnancSal assets and Include cash In hand and deposlts held at call wlth banks,
other short-term hlghly Ilqubd Investments that mature in no more than three months from the date of acquisitlon and
are readily convertlble to a known amount of cash with inslgnlficant risk of change in value, and bank overdrafts.
2.9. Flnanclal Instruments
A flnanclal asset or a Ilnènclal Ilablllty Is recognlsed only when the charlty becomes a party to the contractual
provisions of the instrument.
Basic financièl instruments are Snitially recognised at the amount recelvable or payable includlng any related
transactlon costs.
Cui'rent assets and current Ilabilities are subsequently measured at the cash or other consideration expected to be pald
or recelved and not dSscounted.
Debt instruments are subsequently measured at amortlsed cost.
Where Investments In shares are publicly traded or their falr value can otherwise be measured reliablytr the investment
is subsequently measured at fair value wlth changes in fair value recognlsed In income and expendSture. All other such
Investments are subsequently measured at cost less Impalrment.
Other financlal instruments, Including derlvatives, are Initially recognlsed at falr value, Ltnless payment for an asset is
deferred beyond nomial business terms or financed at a rate of interest that is not a market rate, in which cose the
asset is measured at the present value of the future payments discounted at a market rate of Interest for a similar
debt instrument,
other financial instrtjments are subsequently measureo at falr value, with any changes recognised In the statement of
financial activities, with the exception of hedging instruments in a designated hedglng relationship.
Flnancial assets that are measured at cost or amortlsed cost are reviewed for objectlve evidence ol impairment at the
end of each reporting date. If there is objective evldence of impairment, an Impalrment loss is recognlsed under the
appropriate headlng In the statement of financial activities In whlch the Inltlal galn was recognlsed.
For all equity instruments regardless of slgnificance, an(J other financial assets that are individually significant, these
are assessed individually for impairment. Other financial assets are either assessed Individually or grouped on the
basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately. to the extent that the reversal does not esult in a carrying
mount of the flnanclal asset that exceeds what the carrying amount would have been had the impairment not
previously been recognised.
2.10. Taxation
The charity Is exempt from tax as all its Income Is charltable and applied for charltable purposes.
Page 11

Ladybirds Children's Services
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2.11.
Defined contribution plans
Contributions to defined contribLFtlon plans are recognised as an expense in the period In whlch the related seNlce Is
provided. Prepald contributions are recognised as an asset to the extent that the prepayment wlll lead to a reductlon in
future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which
the employees render the related service, the liability is measured on a discounted present value basis. The unwinding
of the dlscount Is recognI5ed a5 an expense In the perlod In whlch It arises.
3. Income from Donations and Legacles
2025
2024
Restrlcted
Total
funds
funds
Donatlons and glfts
20,856
50,945
The following grants are Included wlthln the total Income from donations and legacles above:
2025
2024
Restricted
funds
Total
funds
Grant recelvable5
20,856
50,945
4. Income from Other Trading Actlvities
2025
2024
Unrestricted Total funds
funds
Income from other tradlng artivitles
156,151
101,517
5. Net Income/(Expendlture)
The net Income/lexpendSture) 15 Stated after charglngl{crediting)'.
2025
2024
Depreciation of tangible fixed assets - owned
2,509
3,136
6. Analysls of Expenditure
2025
Actlvitie$
undertaken
dlrectlv
Support
costs
(see note 7)
Total
Expendlture on charttable actlvltles
94,354
46,780
141,134
Page 12

Ladybirds Children's Services
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2024
Activities
undertaken
dlrectly
Support
costs
{see note 7)
Total
Expendlture on chorltable actlvities
115,008
52.869
167,877
7. Support Costs
2025
Expenditure
on
charhtable
activities
Employee cost5
Premlses expenses
General administratSon
Depreciatlon
14,859
12,743
16,669
2,509
46,780
2024
Expenditure
on
charitable
activities
Employee costs
Premises expenses
General adminlstratlon
Depreciatlon
1,483
27,838
20,412
3,136
52,869
8. Independent Examlner's Remuneratlon
2025
2024
Independent examination of the Ilnancial statements
2,000
1,530
9. Staff Costs
Staff costs were as follows:
2025
2024
Wa9es and salarles
93,097
115,008
No employees recelved employee beneflts {excludlng employer penslon costs) for the reporting perlod of more than £60,000.
10. Average Number of Employees
Average number of employees during the year was.. 12 12024.. 12)
Pagc 13

Ladybirds Children's Services
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025 -
11. Tan9lble Assets
Cornputer
Equipment
Cost
As at l April 2024
20,429
As at 31 March 2025
20,429
Oepreciation
As at l April 2024
Provlded durlng the perlod
7,883
2,509
As at JI March 2025
10,392
Net Book Value
As at 31 March 2025
10,037
As at l Aprll 2024
12,546
12. Debtors
2025
2024
Due within one year
Trade debtor5
2,400
13. Creditors: Amounts Falling Due Withln One Year
2025
2024
Amounts owed to group undertakings
Taxatlon and soclal security
Accruals and deferred Income
13,139
1,572
1,999
13,138
5,SlS
3,411
16.710
22,064
14. Movement In Funds
As at l Aprll
2024
Asat31
xpendlturo March 2025
Incorn•
Unrestricted funds
General..
General unrestricted fund
Restrirted funds
Restricted fund
3,063
156,151
(120,278)
38,936
6,477
20,856
{20,856)
6,477
Total funds
9,540
177.007
{141,1341
45,413
As at l April
2023
Asat31
Expenditure March 2024
Income
Unrestricted funds
General..
General unrestrlcted fund
14,294
101.517
(112,749)
3,062
.CONTINUED
Page 14

Ladybirds Children's Services
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
Restricted funds
Restricted fund
10,660
50,94S
{55,128)
6,477
Total funds
24,954
152,462
{167,877)
9,539
15. Transactions with Trustees
None of the trustees received any remuneration or any other beneflts from an employment with the charlty or a related entity
¢Jurlng the current or previous year.
16. Related Party Dlsclosures
There were no related party transactlons durlng the year.
17. Company limited by guarantee
The company Is Ilmlted by guarantee and has no share capltal.
Every member of the company undertakes to contrlbute to the assets of the companyi In the event of a wlnding UPJ such-an
amount as may be requlred not exceeding £1.
Pay¥ IS