Acorah Software Products - Accounts Production 19.4.351 false true 31 January 2025 1 February 2024 No description of principal activity true 1 February 2025 31 January 2026 31 January 2026 14602053 E Shipstone L Morley S Cowley A D Barnes 1208853 true true true true true false true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14602053 2025-01-31 14602053 2026-01-31 14602053 2025-02-01 2026-01-31 14602053 frs-core:ComputerEquipment 2026-01-31 14602053 frs-core:ComputerEquipment 2025-02-01 2026-01-31 14602053 frs-core:ComputerEquipment 2025-01-31 14602053 frs-char:CharitableCompanyLimitedByGuarantee 2025-02-01 2026-01-31 14602053 frs-bus:FullAccounts 2025-02-01 2026-01-31 14602053 frs-bus:MediumEntities 2025-02-01 2026-01-31 14602053 frs-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 14602053 frs-bus:SmallCompaniesRegimeForDirectorsReport 2025-02-01 2026-01-31 14602053 frs-char:TotalUnrestrictedFunds 2025-01-31 14602053 frs-char:TotalUnrestrictedFunds 2026-01-31 14602053 frs-char:TotalUnrestrictedFunds 2025-02-01 2026-01-31 14602053 frs-char:UnrestrictedFundsGeneral 2025-01-31 14602053 frs-char:UnrestrictedFundsGeneral 2025-02-01 2026-01-31 14602053 frs-char:UnrestrictedFundsGeneral 2026-01-31 14602053 frs-char:IndependentExaminationCharity 2025-02-01 2026-01-31 14602053 frs-countries:EnglandWales 2025-02-01 2026-01-31 14602053 frs-char:Trustee1 2025-02-01 2026-01-31 14602053 frs-char:Trustee2 2025-02-01 2026-01-31 14602053 frs-char:Trustee3 2025-02-01 2026-01-31 14602053 frs-char:Trustee4 2025-02-01 2026-01-31 14602053 frs-char:Trustee5 2025-02-01 2026-01-31 14602053 frs-char:Trustee6 2025-02-01 2026-01-31 14602053 2024-01-31 14602053 2025-01-31 14602053 2024-02-01 2025-01-31 14602053 frs-char:TotalUnrestrictedFunds 2025-01-31 14602053 frs-char:TotalUnrestrictedFunds 2024-02-01 2025-01-31 14602053 frs-char:UnrestrictedFundsGeneral 2024-01-31 14602053 frs-char:UnrestrictedFundsGeneral 2024-02-01 2025-01-31 14602053 frs-char:UnrestrictedFundsGeneral 2025-01-31
Company registration number: 14602053
Charity registration number: 1208853
Gifts From Fairies Ltd
Trustees' Report and
Unaudited Financial Statements
For The Year Ended 31 January 2026
Future Cloud Accounting Limited
Gifts From Fairies Ltd
Contents
Contents
Page
Reference and Administrative Details 1
Trustees' Report 2
Independent Examiner's Report 3
Statement of Financial Activities (including Income and Expenditure Account) 4
Balance Sheet 5
Notes to the Financial Statements 6—10
Page 1
Gifts From Fairies Ltd
Reference and Administrative Details
For The Year Ended 31 January 2026
Reference and Administrative Details
Trustees
E Shipstone - Director
L Morley - Director
S L Mitchell - Director (resigned 27/05/2025)
S Cowley - Director
T D Clipsham-Brown - Director (resigned 16/01/2026)
A D Barnes - Director
Charity Number 1208853
Company Number 14602053
Registered Office 14 Halifax Court Fernwood Business Park
Cross Lane, Newark
Nottinghamshire
England
NG24 3JP
Independent Examiner Future Cloud Accounting Limited
Future Cloud Accounting Limited
Unit 14, Halifax Court Fernwood Business Park
Fernwood Business Centre, Fernwood
Newark
Nottinghamshire
NG24 3JP
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Gifts From Fairies Ltd
Company No. 14602053
Trustees' Report For The Year Ended 31 January 2026
Trustees' Report
The trustees present their report and the financial statements for the year ended 31 January 2026.
Objectives and Activities
Aims and Objectives
Memorandum and Articles incorporated 18 January 2023 as amended by special resolution registered at Companies House on 20 June 2024.
The Charity operates under the rules of its constitution adopted 20 June 2024.
Public Benefit
For the public benefit, the relief of need amongst children under the age of 10 by the provision of Christmas, birthday and special occasion presents which they could not afford through lack of means to improve the conditions of life for those children.
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The trustees' report was approved by the board of trustees and signed on its behalf by:
E Shipstone
Trustee
14/10/2026
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Gifts From Fairies Ltd
Independent Examiner's Report to the Trustees of Gifts From Fairies Ltd
For The Year Ended 31 January 2026
Independent Examiner's Report to the Trustees of Gifts From Fairies Ltd
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 January 2026.
Responsibilities and Basis of Report
As the charity trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies 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 examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
  2. the accounts do not accord with those records; or
  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
  4. the accounts have 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 Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Future Cloud Accounting Limited
14/10/2026
Unit 14, Halifax Court Fernwood Business Park
Fernwood Business Centre, Fernwood
Newark
Nottinghamshire
NG24 3JP
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Gifts From Fairies Ltd
Statement of Financial Activities (including Income and Expenditure Account)
For The Year Ended 31 January 2026
Statement of Financial Activities (including Income and Expenditure Account)
2026 2025
Unrestricted funds Unrestricted funds
Notes £ £
INCOME AND ENDOWMENTS FROM:
Donations and legacies 3 12,806 18,346
Investments 4 11 8
12,817 18,354
EXPENDITURE ON:
Raising funds 6 (14,061 ) (16,728 )
Other - (55 )
(14,061 ) (16,783 )
NET (EXPENDITURE)/INCOME (1,244 ) 1,571
NET MOVEMENT IN FUNDS (1,244 ) 1,571
RECONCILIATION OF FUNDS:
Total funds brought forward 2,368 797
TOTAL FUNDS CARRIED FORWARD 15 1,124 2,368
The notes on pages 6 to 10 form part of these financial statements.
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Gifts From Fairies Ltd
Balance Sheet
As At 31 January 2026
Balance Sheet
2026 2025
Unrestricted funds Total funds
Notes £ £
FIXED ASSETS
Tangible Assets 10 65 170
65 170
CURRENT ASSETS
Stocks 11 200 200
Debtors 12 375 1,640
Cash at bank and in hand 1,496 2,574
2,071 4,414
Creditors: Amounts Falling Due Within One Year 13 (1,012 ) (2,216 )
NET CURRENT ASSETS (LIABILITIES) 1,059 2,198
TOTAL ASSETS LESS CURRENT LIABILITIES 1,124 2,368
NET ASSETS 1,124 2,368
FUNDS OF THE CHARITY
Unrestricted Funds 1,124 2,368
TOTAL FUNDS 15 1,124 2,368
For the year ending 31 January 2026 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
E Shipstone
Trustee
14/10/2026
The notes on pages 6 to 10 form part of these financial statements.
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Gifts From Fairies Ltd
Notes to the Financial Statements
For The Year Ended 31 January 2026
Notes to the Financial Statements
1. General Information
Gifts From Fairies Ltd is a company limited by guarantee, incorporated in England & Wales, registered number 14602053 and registered charity number 1208853 . The registered office is 14 Halifax Court Fernwood Business Park, Cross Lane, Newark, Nottinghamshire, England, NG24 3JP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "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)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The charitable company is a Public Benefit Entity as defined by FRS 102.
2.2. Incoming Resources
All incoming resources are included in the statement of financial activities when the charity is legally entitled to the income, the receipt is probable, and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
• Donations and gifts: Donated income and general voluntary contributions are recognized when received or when the charity has unconditional entitlement to the funds.
• Grants and government funding: Grants with performance conditions are recognized in the statement of financial activities as the conditions are met. Grants received where no performance conditions are attached are recognized as income when the charity has unconditional entitlement. Grants for capital assets are recognized as incoming resources when receivable, or deferred if the donor has imposed specific timing or operational restrictions.
• Investment income: Interest and dividend income are accounted for on a receivable basis once the dividend has been declared or interest has accrued.
The Charity received a donation from Arnold Clark, funding from the Co-op Community Fund, the Nottinghamshire Masons, Jobs 22, Global Solutions for Clothing and Brehney Group.The Glitter Ball was very successful with a raffle, auction and ticket sales, all of which has supported the operating costs.
2.3. Resources Expended
All expenditure is accounted for on an accrual basis. Charitable expenditure comprises those costs incurred by the Charity in the delivery of its activities. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Governance costs include all costs involving the public accountability of the charity and its compliance with regulation and good practice.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 33% Straight Line
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Gifts From Fairies Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2026
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
Cost is determined using the first-in, first-out method. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Work in progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
At the end of each reporting period stocks are assessed for impairment. If an item of stock is impaired, the identified stock is reduced to its selling price less costs to complete and sell and an impairment charge is recognised in the statement of financial activities. Where a reversal of the impairment is required the impairment charge is reversed, up to the original impairment loss, and is recognised as a credit in the statement of financial activities.
2.6. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
3. Income from Donations and Legacies
2026 2025
Unrestricted Unrestricted
funds funds
£ £
Donations and gifts 12,806 15,596
Grants - 2,750
12,806 18,346
4. Investment Income
2026 2025
Unrestricted Unrestricted
funds funds
£ £
Interest on short-term deposits 11 8
5. Net Income/(Expenditure)
The net (expenditure)/income is stated after charging/(crediting):
2026 2025
£ £
Depreciation of tangible fixed assets - owned 105 105
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Gifts From Fairies Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2026
6. Analysis of Expenditure
2026
Activities undertaken directly Support costs
(see note 7 ) 		Total
£ £ £
Raising funds 4,301 9,760 14,061
2025
Activities undertaken directly Support costs
(see note 7 ) 		Total
£ £ £
Raising funds 5,864 10,864 16,728
7. Support Costs
2026 2025
Raising funds Raising funds
£ £
Employee costs 798 720
Premises expenses 4,812 4,637
General administration 2,893 4,612
Depreciation 105 105
Governance costs 1,152 790
9,760 10,864
8. Independent Examiner's Remuneration
2026 2025
£ £
Independent examination of the financial statements 1,152 790
9. Average Number of Employees
Average number of employees during the year was: 6 (2025: 7)
6 7
10. Tangible Assets
Computer Equipment
£
Cost
As at 1 February 2025 319
As at 31 January 2026 319
...CONTINUED
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Gifts From Fairies Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2026
Depreciation
As at 1 February 2025 149
Provided during the period 105
As at 31 January 2026 254
Net Book Value
As at 31 January 2026 65
As at 1 February 2025 170
11. Stocks
2026 2025
£ £
Stock 200 200
12. Debtors
2026 2025
£ £
Due within one year
Other debtors 375 1,640
13. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Other creditors 312 313
Taxation and social security - 132
Accruals and deferred income 700 1,771
1,012 2,216
14. Deferred Income
Deferred income movements in the year were as follows:
2026 2025
£ £
Balance at the start of the period - -
Income deferred in the current period 700 -
Balance at the end of the period 700 -
The above income deferred relates to sponsorship income received from Global Solutions Clothing for the Glitter Ball event to be held on October 2026
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Gifts From Fairies Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 January 2026
15. Movement in Funds
As at 1 February 2025 Income Expenditure As at 31 January 2026
£ £ £ £
Unrestricted funds
General:
General unrestricted fund 2,368 12,817 (14,061 ) 1,124
Total funds 2,368 12,817 (14,061 ) 1,124
As at 1 February 2024 Income Expenditure As at 31 January 2025
£ £ £ £
Unrestricted funds
General:
General unrestricted fund 797 18,354 (16,783 ) 2,368
Total funds 797 18,354 (16,783 ) 2,368
16. Transactions with Trustees
None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.
During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows:
2026 2025
£ £
Travel 798 695
17. Related Party Disclosures
There have been no related party transactions in the reporting period that require disclosure, except for those disclosed in the Transactions with Trustees note.
18. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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