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← Licketyspit Limited

2025-03-31-accounts

Charity registration number SC035154 (Scotland) Company registration number SC262580 (Scotland)

LICKETYSPIT LTD

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

LICKETYSPIT LTD

LEGAL AND ADMINISTRATIVE INFORMATION

Directors Dr Alison Preston Morag Macleod Esther Muchena Boatemaa Ofori-Frimpong Catherine Bromley (Appointed 17 March 2025) Catherine Lindow (Appointed 20 May 2025) Secretary Virginia Radcliffe Charity number (Scotland) SC035154 Company number SC262580 Registered office Central Community Hall 292-316 Maryhill Road Glasgow G20 7YE Independent examiner McFadden Associates Limited 19 Rutland Square Edinburgh EH1 2BB Bankers Bank of Scotland 8 Picardy Place Edinburgh EH1 3JT

LICKETYSPIT LTD

CONTENTS

Page
Directors' report 1 - 5
Independent examiner's report 6
Statement of financial activities 7
Balance sheet 8
Notes to the financial statements 9 - 16

LICKETYSPIT LTD

DIRECTORS' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2025

The directors present their annual report and financial statements for the year ended 31 March 2025.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charity's articles of association, the Companies Act 2006 the Charities Accounts (Scotland) Regulations 2006 (as amended) and under the requirements of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)(effective 1 January 2016) – (Charities SORP (FRS 102)).

Objectives and activities

Licketyspit is an early years theatre and play charity and national centre of excellence for Storyplay - a holistic whole-family drama-led early intervention, developed in Scotland, with children in areas of high poverty over 20 years. Licketyspit seeks to address inequality by transforming the lives of children who experience the barriers related to poverty, isolation, trauma and additional support needs such as Autism speech and language delay and ADHD.

Storyplay boosts children and adult confidence, social skills, language and emotional literacy. It equips children with a new toolkit, practical knowledge and resources to help them to navigate their lives, grow relationships and explore ideas. Licketyspit delivers Storyplay across a range of projects and contexts, and seeks to share this practice and methodology with fellow children and family professionals, in education, childcare and wider statutory and 3rd sector services for children and families.

Storyplay is facilitated by teams of specialist Licketyspit actor-pedagogues - professional actors expert in the nuance of children's rights-led engagement and drama improvisation. As play experts, children respond powerfully to these adults, who take play as seriously as they do. In this way, actor-pedagogue facilitated Storyplay proves to be an exceptional and powerful early intervention tool to liberate children and model a way of being with and supporting children for their significant adults.

Storyplay is a dynamic and fun intergenerational activity at the centre of a range of interconnected Licketyspit projects in education (Storyplay Schools) and childcare, outdoors, in natural places like forests, beaches and parks; in cultural settings like museums and galleries (Picnic and Play) and in Libraries (Bookplay). Licketyspit's flagship community project, BIG Porridge & Play Glasgow, in its 9th consecutive year, is rooted in 7 Porridge & Play Glasgow Community Hubs in SIMD 1 & 2 and Online. Here Storyplay is delivered to and by groups of local families within a 2.5 hour session alongside shared food and reflection for 5-week blocks before taking off into Picnic/Forest Storyplay, the Storyplay Festival and Ceilidh's.

Storyplay represents a significant discovery for participating families who are quick to join Licketyspit's Children and Families Network (CFN) - a 900-strong online / face-to-face network of families providing continuing connectivity and community. CFN is a Gateway to wider support, opportunities, idea-sharing and a place to celebrate the Licketyspit children, families and partners. It is also a crucial way Licketyspit sustains the deep connection with and understanding of the needs of children and families we support, that directs and drives the continuing evolution of the charity.

Storyplay 'play' is anchored by the 'Lickety Playcard games', a repertoire of traditional and new children's street and playground games, rhymes, action songs and imaginary play activities. Children collect the playcards which inspire and support continuing child-initiated Storyplay - at home, at school, in their communities. The Playcards provide increasingly familiar enabling diverse intergenerational groups to plunge into limitless unfettered creative invention. Each Storyplay session, each time a game is played, is different, reflecting the imaginations of the participants playing it in that moment. For this reason Storyplay sessions are rich with surprise, joy, hilarity and delight - highly memorable, often remarkable experiences where participants constantly discover and reveal new aspects of themselves and each other and experience real feelings of success.

Key to the strong outcomes produced by Storyplay is reciprocity. Families relax, supporting and supported. Participants embed Storyplay into their culture. Understanding Storyplay nurtures the appreciation of the value of inclusion and children's rights that these experiences represent Crucially participants discover a way of being able to be authentically themselves, with strangers, who soon become friends, as they develop their sense of worth, belonging, possibility and a deep-seated belief in the value of other people.

LICKETYSPIT LTD

DIRECTORS' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Licketyspit recognises the paramount importance of parenting on early years children. Storyplay supports children, as play experts to lead and inspire their significant grown-ups - parents, grandparents, carers, teachers - in imaginary play. Licketyspit believes everyone needs what early years children need. Storyplay re-enforces and models the value of adults reconnecting with their playful selves, both for them and for their children. In this way Licketyspit supports families and communities to develop rich new shared skills at drama- improvisation, creativity, self-expression, collaboration and to build strong relationships, growing confidence, self-esteem, the sense of belonging and resilience.

Licketyspit is working with partners and funders seeking to develop and establish "Storyplay Central", a rolling annual programme of Storyplay delivery to inspire and train new cohorts of Storyplay Champions in order to embed this fantastic practice in multiple contexts to help more children and their families to flourish.

Vision

Play is at the essence of our identities. It sits at the root of our creativity and our drive to survive and thrive as human beings. We believe play is the fundamental language of children, and that to ensure children realise their rights, it is vital that adults use the language of play. Licketyspit seeks to inspire and enable adults to recognise and nurture their own creativity and bring rights-led engagement, through imaginary play, into the daily life of every child. Licketyspit's vision is for all children to grow up in families and communities where they are seen, heard, included, and valued; in a caring society that values play, champions human rights and embraces inclusion and equality.

We seek to embed Storyplay in professional practice in children's services as a navigational tool to support children to flourish and build the strong relationships at home and at school/nursery that will help them to have a good start in life. We want every child to feel that what they think matters and to develop the courage to act, think and have real agency in their lives.

Licketyspit trains actor-pedagogues and other professionals in Storyplay, seeking to increasingly share this children’s rights approach across children’s services, particularly in education and childcare. Through this we aim to contribute to national policymaking and culture change in children’s rights, early intervention, play, parenting, educational attainment, family support, integration, and child health and well-being.

Principles

Licketyspit seeks to use Storyplay to open doors to the limitless playworlds of children.

Licketyspit consults children through play to ensure we create high quality experiences that are satisfying and meaningful for them. Our approach is rooted in the UN Convention on the Rights of the Child. We believe it is in the interests of all to raise the status and awareness of children and to support them to take an equal part in society.

LICKETYSPIT LTD

DIRECTORS' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Licketyspit delivers a range of interconnected activity including:

  1. Porridge & Play (in person & online): Storyplay - carried out with groups of families facilitated by our team. Using the Lickety Playcard repertoire of games, rhymes, songs and imaginary play. Sessions include a shared meal and reflective drawing to share experiences. Delivered in community Hubs, Storyplay Schools and Online.

  2. LicketyLeap - (The story of Margaret & Margaret) Pioneering immersive drama-led early intervention for early years children, parents/carers and professionals, led by specialist actor-pedagogues in schools and nurseries in areas of high poverty.

  3. Have Your Say Through Play – child consultation programme for 3-12's, using specifically adapted Storyplay approach. HYSTP is used in a range of policy contexts to support children’s rights and participation.

  4. Picnic & Play - Porridge & Play on the move - delivered in arts, cultural and outdoor spaces. Opens up free cultural and outdoor offers to more families. Delivered as group outings for specific communities and standalone events for Licketyspit's Children & Families Network.

  5. Forest Storyplay - nature-based Storyplay outdoors for CFN families with picnics, den-building and forestskills.

  6. Storyplay Festival and Ceilidh - opportunities for CFN families city-wide to meet, make friends and share/ host Storyplay.

  7. Lickety-Movers - parent/carer and child pair movement sessions combining Conta-Kids and Storyplay methodology

  8. Storyplay Schools Residencies - Embedding a children's rights- based culture of play- rhymes, songs, stories, improvisation and performance in primary/nursery schools. Delivered in partnership with schools and local authorities addressing the poverty associated attainment gap.

  9. Storyplay Training & Co-Delivery for professionals: in education, health and well being and family support services. Includes Storyplay as trauma-informed approach in partnership with Scottish Women's Aid

  10. Licketyspit Children & Families Network (CFN) - supports the company's online and face-to-face network of families to share knowledge, experiences, resources, support, friendship and ideas. Sustains long-term engagement and relationships with and among Licketyspit families; strengthening parental engagement in projects; fostering awareness of children's rights and capabilities; nurturing an ethos of inclusion and equality, arts empowerment and capacity to support children's rights, learning, health and wellbeing. CFN feedback prompted Online Storyplay during the Pandemic which was especially valued and transformative for isolated families experiencing the asylum system.

Achievements and performance

April 2024-March 2025

BPPG24/25

Licketyspit's flagship community Hub project - BIG Porridge & Play Glasgow (BPPG) principally funded since 2017 by Lottery Community, The Robertson Trust and Postcode Lottery Trust continued to grow from strength-tostrength.

259 children, 89 parents ,41 teachers participated in Taster Sessions in schools and nurseries in 6 communities. This together with local/online marketing across 6 communities saw the recruitment of 47 new families to join 25 returning Hub families across 7 Porridge & Play Hubs. 47% of participants from 2023/4 requested to return, most more continued to engage with peripatetic Storyplay opportunities. Storyplay Champion remainer families cohosted sessions with Licketyspit's actor-pedagogue teams. All new sessions were over-subscribed. The seven BPPG Hubs in Maryhill, Cranhill, Bridgeton and Online, Whiteinch, Castlemilk and Govan continued.

Participants across the whole project this year included 72 families - 139 children (63%) and 80 parents/carers from all over Glasgow. 73% were Global Majority, 74% had English as an additional language, this included many asylum seekers and refugees alongside indigenous families. In addition 9 families with 25 children participated in Porridge & Play Online. In July 38 Families (109 participants) enjoyed Picnic & Play sessions at The Children's Wood, in partnership with CW Forest skills expertise, preparing to host the Storyplay Festival to which 38 Families travelled from all 7 Porridge & Play Hub communities across Glasgow (84 children/50 parents/ carers).

LICKETYSPIT LTD

DIRECTORS' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

The Festival included giant multi-family Storyplay, Hub Dens, a feast, a Dressing-Up photo-booth a Wishing Tree and creative-making.

HUB Deliveries:

June saw Licketyspit working with 6 Lanarkshire schools in Shotts on a Storyplay Residency involving 158 children 37 parents/carers (families)7 teaching staff.

Stages One & Two of the LicketyMovers pilot project also launched in June. 44 parent/child under-threes took part children in this pioneering Movement led project developed by Lead AP Itxaso Moreno combining Conta-kids and Storyplay methodology. Licketyspit again partnered with Kin Kitchen & The Hidden Gardens on a Family Outdoor Imagination Party for 11 families (38) as part of the Scottish Refugee Festival. The charity also carried out a Have your Say Through Play consultation with agroup of CFN families, academic experts and the Board to explore strategic development. Overall in 24/25 Licketyspit worked directly with 935 participants - 684 were children under-twelve in the company's target demographic.

In addition, in 2024/5 Licketyspit published the Scottish Women's Aid Storyplay Handbook. The charity participated in the Arts Health Culture & Wellbeing Conference; Glasgow Life Creative Communities Symposium; Arts Health & Wellbeing Scotland Seminars; presented at the international Bright start Early Years Conference; at a Cross-Party Group on Children & Young People in relation to Education Reform and the Cross-Party Group on Culture on LicketyLeap & Storyplay. The company continued to contribute to national debate in relation to children's rights, child poverty and education reform.

Financial review

The net surplus for the year was £36,295 (2024 - deficit £129,151) increasing reserves from negative £8,682 to positive £27,613. Unrestricted funds were £27,613 (2024 - £4,168).

The directors have assessed the major risks to which the Charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Structure, governance and management

Licketyspit Theatre Company is governed by Memorandum and Articles of Association and is a company limited by guarantee.

The directors who served during the year were:

Dr Alison Preston Morag Macleod Esther Muchena Nicola Hughes (Resigned 17 March 2025) Boatemaa Ofori-Frimpong Catherine Bromley (Appointed 17 March 2025) Catherine Lindow (Appointed 20 May 2025)

Board members have been recruited by recommendation and meet on a regular basis.

None of the directors has any beneficial interest in the company. All of the directors are members of the company and guarantee to contribute £1 in the event of a winding up.

LICKETYSPIT LTD

DIRECTORS' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

The Board ensures that the Artistic Policy of the organisation is protected, supported and relevant. The Board ensures the financial oversight of the organisation. The Board receives feedback from the Artistic Director and company Administration and acts on this accordingly. The Board is responsible for the recruitment of the Artistic Director and Administrators.

The directors' report was approved by the Board of Directors.

Alison Preston

Alison Preston (Oct 6, 2025 14:30:01 GMT+1)

Dr Alison Preston

Director Dated: 6 October 2025

LICKETYSPIT LTD

INDEPENDENT EXAMINER'S REPORT TO THE DIRECTORS OF LICKETYSPIT LTD

I report on the financial statements of the Charity for the year ended 31 March 2025, which are set out on pages 7 to 16.

Respective responsibilities of directors and examiner

The Charity’s directors, who also act as trustees for the charitable activities of Licketyspit Ltd, are responsible for the preparation of the financial statements in accordance with the terms of the Charities and Trustee Investments (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. The directors consider that the audit requirement of Regulation 10(1)(a) to (c) of the 2006 Accounts Regulations does not apply. It is my responsibility to examine the financial statements as required under section 44(1)(c) of the Act and to state whether particular matters have come to my attention.

Basis of independent examiner's statement

My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently I do not express an audit opinion on the view given by the financial statements.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

David Stewart CA

19 Rutland Square Edinburgh EH1 2BB

Dated: 6 October 2025

LICKETYSPIT LTD

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted
Restricted
funds
funds
2025
2025
Notes
£
£
Income from:
Donations and legacies
3
56,880
101,874
Charitable activities
4
-
-
Total income
56,880
101,874
Charitable activities
5
10,588
111,871
Net income/(expenditure)
46,292
(9,997)
Transfers between
funds
10
(22,847)
22,847
Net movement in
funds
23,445
12,850
Reconciliation of funds:
Fund balances at 1 April 2024
4,168
(12,850)
Fund balances at 31 March
2025
27,613
-		 Total
Unrestricted
Restricted
Total
funds
funds
2025
2024
2024
2024
£
£
£
£
158,754
24,927
18,941
43,868
-
-
1,800
1,800
158,754
24,927
20,741
45,668
122,459
43,238
131,581
174,819
36,295
(18,311)
(110,840)
(129,151)
-
2,227
(2,227)
-
36,295
(16,084)
(113,067)
(129,151)
(8,682)
20,252
100,217
120,469
27,613
4,168
(12,850)
(8,682)

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

LICKETYSPIT LTD

BALANCE SHEET

AS AT 31 MARCH 2025

Notes
Fixed assets
Tangible assets
11
Current assets
Debtors
12
Cash at bank and in hand
Creditors: amounts falling due within
one year
13
Net current assets/(liabilities)
Total assets less current liabilities
Income funds
Restricted funds
15
Unrestricted funds		 2025
£
12
31,123
31,135
(3,522)		 2024
£
£
£
-
201
1,867
11,589
13,456
(22,339)
27,613
(8,883)
27,613
(8,682)
-
(12,850)
27,613
4,168
27,613
(8,682)

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2025.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Directors on 6 October 2025

Alison Preston

Alison Preston (Oct 6, 2025 14:30:01 GMT+1)

Dr Alison Preston

Director

Company Registration No. SC262580

LICKETYSPIT LTD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

Charity information

Licketyspit Ltd is a private company limited by guarantee incorporated in Scotland. The registered office is Central Community Hall, 292-316 Maryhill Road, Glasgow, G20 7YE.

1.1 Accounting convention

The financial statements have been prepared in accordance with the Charity's [governing document], the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended), FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The Charity is a Public Benefit Entity as defined by FRS 102.

The Charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the directors in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity.

1.4 Income

Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

LICKETYSPIT LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised when a liability is incurred.

Charitable activities include expenditure associated with the staging of productions and include both direct and support costs relating to these activities.

Governance costs include those incurred in the governance of the charity and its assets and are primarily associated with constitutional and statutory requirements.

Support costs include central functions and have been allocated to the charitable activity on a basis consistent with their use.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery 25% Straight line Computers 33.3% Straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9 Financial instruments

The Charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

LICKETYSPIT LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the Charity’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Income from donations and legacies

Unrestricted
Restricted
funds
funds
2025
2025
£
£
Donations and gifts
-
-
Grants
56,880
101,874
56,880
101,874		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
-
1,351
800
158,754
23,576
18,141
158,754
24,927
18,941		 Total
2024
£
2,151
41,717
43,868

LICKETYSPIT LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

4 Income from charitable activities

Restricted Restricted
funds funds
2025 2024
£ £
Ticket income and workshops
Sales - 1,800
Expenditure on charitable activities
Theatre Theatre
Productions Productions
2025 2024
£ £
Direct costs
Staff costs 73,798 118,451
Depreciation and impairment 201 200
Marketing Expenses 3,350 4,755
Production Costs 31,477 33,793
Travel and Accommodation 1,074 2,954
109,900 160,153
Share of support and governance costs (see note 6)
Support 11,365 13,408
Governance 1,194 1,258
122,459 174,819
Analysis by fund
Unrestricted funds 10,588 43,238
Restricted funds 111,871 131,581
122,459 174,819

5 Expenditure on charitable activities

LICKETYSPIT LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

6 Support costs allocated to activities

Support costs allocated to activities
Rent
Insurance
Repairs
Postage and stationery
Telephone
Sundry expenses
Subscriptions
Bank charges
Governance costs
Analysed between:
Theatre Productions		 2025
£
5,324
1,855
815
623
1,729
317
692
10
1,194
12,559
12,559		 2024
£
7,180
2,003
-
228
1,343
2,210
444
-
1,258
14,666
14,666

7 Directors

None of the directors (or any persons connected with them) received any remuneration or benefits from the Charity during the year.

8 Employees

Number of employees

The average monthly number of employees during the year was:

Number of employees
The average monthly number of employees during the year was:
Administration
Employment costs
Wages and salaries
Social security costs
Other pension costs		 2025
Number
3
2025
£
70,047
2,188
1,563
73,798		 2024
Number
4
2024
£
104,079
11,511
2,861
118,451

There were no employees whose annual remuneration was £60,000 or more.

9 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

LICKETYSPIT LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

10 Key management personnel

The key management personnel of the charity, comprise the Chief Executive. The total employee benefits of the key management personnel of the charity were £51,422 (2024: £51,422).

11 Tangible fixed assets

Plant and
machinery
Computers
£
£
Cost
At 1 April 2024
4,392
3,029
At 31 March 2025
4,392
3,029
Depreciation and impairment
At 1 April 2024
4,392
2,828
Depreciation charged in the year
-
201
At 31 March 2025
4,392
3,029
Carrying amount
At 31 March 2024
-
201
12
Debtors
2025
Amounts falling due within one year:
£
Other debtors
12
Prepayments and accrued income
-
12
13
Creditors: amounts falling due within one year
2025
£
Other taxation and social security
1,219
Other creditors
1,536
Accruals and deferred income
767
3,522		 Total
£
7,421
7,421
7,220
201
7,421
201
2024
£
12
1,855
1,867
2024
£
3,844
17,728
767
22,339

LICKETYSPIT LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

14 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 April Incoming Resources Transfers At 31 March
2024 resources expended 2025
£ £ £ £ £
General funds 4,168 56,880 (10,588) (22,847) 27,613
Previous year: At 1 April Incoming Resources Transfers At 31 March
2023 resources expended 2024
£ £ £ £ £
General funds 20,252 24,927 (43,238) 2,227 4,168

15 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

Scottish Refugee Council
Glasgow City Council
Big Lottery Fund
Robertson Trust
Glasgow Life (AIR)
Awards for All
Scottish Government
HYSTP		 Transfers
Balance at
1 April 2024

r
£
£
(368)
-
(19)
-
(1,152)
-
(73)
-
(65)
-
-
9,997
-
(22,847)
(550)
-
(2,227)
(12,850)		 Movement in funds
Incoming
esources
Resources
expended
£
£
-
-
-
-
101,874
(101,874)
-
-
-
-
-
(9,997)
-
-
-
-
101,874
(111,871)		 Transfers
Balance at
31 March 2025
£
£
-
-
-
-
-
-
-
-
-
-
-
-
22,847
-
-
-
22,847
-		 Transfers
Balance at
31 March 2025
£
£
-
-
-
-
-
-
-
-
-
-
-
-
22,847
-
-
-
22,847
-
-

16 Analysis of net assets between funds

Unrestricted
Restricted
funds
funds
2025
2025
£
£
Fund balances at 31 March 2025 are represented by:
Current assets/(liabilities)
27,613
-
27,613
-		 Total
2025
£
27,613
27,613

LICKETYSPIT LTD

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

16 Analysis of net assets between funds (Continued)
Unrestricted Restricted Total
funds funds
2024 2024 2024
£ £ £
Fund balances at 31 March 2024 are represented by:
Tangible assets 201 - 201
Current assets/(liabilities) 3,967 (12,850) (8,883)
4,168 (12,850) (8,682)

LICKETYSPIT 2025 ACCS

Final Audit Report

2025-10-06

Created: 2025-10-06 By: David Stewart (david.stewart@mcfal.com) Status: Signed Transaction ID: CBJCHBCAABAAiv4iGD0A9z_BrFkzty7aQxecnfnbo7Lz

"LICKETYSPIT 2025 ACCS" History

2025-10-06 - 10:06:30 AM GMT

Document emailed to alisonpreston11@gmail.com for signature

2025-10-06 - 10:07:01 AM GMT

2025-10-06 - 10:13:30 AM GMT

Agreement completed.

2025-10-06 - 1:30:01 PM GMT