REGISTERED COMPANY NUMBER: 03277750 (England and Wales)

REGISTERED CHARITY NUMBER: 1061942

Report of the Trustees and

Unaudited Financial Statements

for the Period 1 April 2024 to 28 February 2025

for

Keighley Kiddicare Ltd

Page

Report of the Trustees

1

to

3

Independent Examiner's Report

4

Statement of Financial Activities

5

Balance Sheet

6

to

7

Notes to the Financial Statements

8

to

14

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the period 1 April 2024 to 28 February 2025. The trustees have adopted the provisions 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 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The main objective is to provide childcare for families in the Keighley area, particularly children from lone parent families, children from disadvantaged areas and children with disabilities.

Significant activities

The main activities are:- nursery day-care for children aged 0 to 4 at our day nursery in the Highfield Community Centre in Keighley; before and after school care for children aged 3 to 12 at St. Joseph's Primary School. and school holiday playschemes are held at the nursery for children up to 11 years of age.

Public benefit

The charity's public benefit is providing facilities for the daily care, recreation and education of children who are below compulsory school age or who are of compulsory school age during out of school hours and holidays to children in Keighley and the surrounding areas.

The Trustees are aware of the Charity Commission guidance on public benefit and are satisfied that the activities of the charity comply with public benefit requirements.

Complaints

The Trustees received no reported complaints in 2024/25.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

The nursery and playscheme were inspected by Ofsted in August and retained the good grading. Summer playscheme was not well attended and had a significant number of children with additional needs requiring additional staff costing more than anticipated. In the Autum statement the government announced an increase to the minimum wage and national insurance contributions. The trustees spent considerable time assessing the impact on the organisation. Towards the end of the month the local authority informed the organisation should pay rent for use of the premises at the Highfield Centre. They quoted £17,000 pa. The organsiation could not meet these additional costs so the trustees decided (at the AGM) to close down the charity whilst there were still sufficient funds to meet all obligations. The charity ceased the childcare on 20 December. Parents were notified in advance and the staff and local authority advisor worked with parents to ensure all children were accommodated elsewhere. All the staff secured alternative employment. The building was emptied at the beginning of 2025, furniture and equipment was donated to local childrens charities: Keighley Community Nursery, Staying Put, Highfield Community Playgroup and Highfield Community Association. The building was handed back to the local authority at the end of February.

FINANCIAL REVIEW

Financial position

During the year there was a deficit of £129,374, an increase on the deficit of £46,061 in 2023/24.

To manage performance and cashflow the trustees receive monthly management accounts and monitor income and expenditure against cashflow forecasts.

Principal funding sources

Parental fees and Early Education funding are the principal funding sources. These 2 sources of funding made up over 90% of our total income. The balance came mainly from Inclusion funding and fundraising.

Investment policy and objectives

The trustees have made the decision to close the charity. The charity therefore no longer adheres to an investment policy as all residual assets will be distributed to a nominated charity upon closure.

Reserves policy

The trustees have made the decision to close the charity. The charity therefore no longer adheres to a reserves policy.

Going concern

The trustees have made the decision to close the charity as it continues to operate at a deficit, which is not sustainable in the long term. The financial statements have therefore not been prepared on the going concern basis.

FUTURE DEVELOPMENTS

Carol Dlambulo remaind company secretary and supported by the trustees lead the senior staff team in winding down the charity.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Keighley Kiddicare Limited is a registered charity (No. 1061942) and a company limited by guarantee (No. 3277750). The company is governed by its Memorandum and Articles of Association.

Recruitment and appointment of new trustees

Under the requirements of the Memorandum and Articles of Association, Trustees are elected to serve for a period of three years, after which they must seek re-election at the next Annual General Meeting.

A quorate Trustees' meeting may co-opt new Trustees at any time. They must then seek election at the next Annual General meeting.

In order to retain the original ethos of the charity, the Trustees will endeavour to ensure that new members are recruited primarily from service users, as well as ensuring that relevant skills are represented, e.g. business, finance, childcare, voluntary sector.

Organisational structure

Keighley Kiddicare's Board of Trustees must consist, according to the Articles of Association, of at least 3 members with no maximum number. The Trustees consider that a Board of between 8 to 12 members is an optimum number. The Board meets 6 to 8 times a year.

Day to day responsibility for service delivery and financial management is delegated to the Nursery and Out of School Managers.

Induction and training of new trustees

New Trustees will be provided with information about the history, structure and governance of the organisation as well as its financial position and strategic priorities.

New Trustees will be referred to relevant training courses aimed at voluntary sector committee members.

Related parties

Kiddicare's service delivery is consistent with the aims of the Early Years Foundation Stage, and is supported by Bradford Council.

On a local level, Kiddicare has strong links with local schools, colleges, Family Support workers and other professional agencies.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

03277750 (England and Wales)

Registered Charity number

1061942

Registered office

Highfield Community Centre

Drewry Road

Keighley

West Yorkshire

BD21 2QG

Trustees

P Greenwood Treasurer

R Manley Chair

S Widdop

P Manley Vice Chair

Ms A Whelan (appointed 6.6.24)

Company Secretary

C Dlambulo

Independent Examiner

Catherine Hill ACA CTA

Stirk Lambert & Co

Chartered Accountants

Russell Chambers

61a North Street

Keighley

West Yorkshire

BD21 3DS

Bank

Lloyds Bank

Hustlergate

Bradford

BD1 1NT

CESSATION OF TRADING

The charitable company ceased activities on 28 February 2025.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 26 November 2025 and signed on its behalf by:

R Manley - Trustee

Independent examiner's report to the trustees of Keighley Kiddicare Ltd ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the period 1 April 2024 to 28 February 2025.

Responsibilities and basis of report

As the charity's 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.

Catherine Hill ACA CTA

Stirk Lambert & Co

Chartered Accountants

Russell Chambers

61a North Street

Keighley

West Yorkshire

BD21 3DS

26 November 2025

Period

1.4.24

to

Year ended

28.2.25

31.3.24

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Charitable activities

4

Charitable activities

218,926

-

218,926

250,595

Other trading activities

2

297

-

297

328

Investment income

3

886

-

886

1,175

Total

220,109

-

220,109

252,098

EXPENDITURE ON

Charitable activities

Charitable activities

302,341

30

302,371

251,742

Governance costs

47,112

-

47,112

46,417

Total

349,453

30

349,483

298,159

NET INCOME/(EXPENDITURE)

(129,344

)

(30

)

(129,374

)

(46,061

)

RECONCILIATION OF FUNDS

Total funds brought forward

129,078

30

129,108

175,169

TOTAL FUNDS CARRIED FORWARD

(266

)

-

(266

)

129,108

28.2.25

31.3.24

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

9

265

-

265

11,685

CURRENT ASSETS

Debtors

10

-

-

-

15,897

Cash at bank and in hand

39,306

-

39,306

160,389

39,306

-

39,306

176,286

CREDITORS

Amounts falling due within one year

11

(39,837

)

-

(39,837

)

(45,442

)

NET CURRENT ASSETS/(LIABILITIES)

(531

)

-

(531

)

130,844

TOTAL ASSETS LESS CURRENT LIABILITIES

(266

)

-

(266

)

142,529

CREDITORS

Amounts falling due after more than one year

12

-

-

-

(13,421

)

NET ASSETS

(266

)

-

(266

)

129,108

FUNDS

15

Unrestricted funds:

General fund

(266

)

126,989

Capital Grant

-

2,089

(266

)

129,078

Restricted funds

-

30

TOTAL FUNDS

(266

)

129,108

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

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

The financial statements were approved by the Board of Trustees and authorised for issue on 26 November 2025 and were signed on its behalf by:

R Manley - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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 financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a basis other than that of the going concern basis as it is

the intention of the trustees to close the charity. This basis includes, where relevant, restatement of the charity’s assets to recoverable value. Future costs relating to the closure have not been recognised unless these costs were committed at the reporting date.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution scheme for specific employees. The pension cost charge represents amounts paid during the year in respect of this scheme.

2.	OTHER TRADING ACTIVITIES

Period

1.4.24

to

Year ended

28.2.25

31.3.24

£

£

Fundraising events

297

328

3.	INVESTMENT INCOME

Period

1.4.24

to

Year ended

28.2.25

31.3.24

£

£

Deposit account interest

886

1,175

4.	INCOME FROM CHARITABLE ACTIVITIES

Period

1.4.24

to

Year ended

28.2.25

31.3.24

Activity

£

£

Childcare fees

Charitable activities

106,974

143,575

Childcare fee bad debts

Charitable activities

(7,649

)

(1,582

)

Grants

Charitable activities

119,601

108,602

218,926

250,595

Grants received, included in the above, are as follows:

Period

1.4.24

to

Year ended

28.2.25

31.3.24

£

£

Special Educational Needs - Aiming High

8,529

-

Early Education Fund

111,072

108,602

119,601

108,602

5.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

Period

1.4.24

to

Year ended

28.2.25

31.3.24

£

£

Depreciation - owned assets

132

2,953

Other operating leases

6,143

2,953

Deficit on disposal of fixed assets

8,690

-

6.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the period ended 28 February 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the period ended 28 February 2025 nor for the year ended 31 March 2024.

7.	STAFF COSTS

The average monthly number of employees during the period was as follows:

Period

1.4.24

to

Year ended

28.2.25

31.3.24

Direct charitable work

12

16

Administrative

2

2

14

18

No employees received emoluments in excess of £60,000.

8.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

funds

funds

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Charitable activities

Charitable activities

250,595

-

250,595

Other trading activities

328

-

328

Investment income

1,175

-

1,175

Total

252,098

-

252,098

EXPENDITURE ON

Charitable activities

Charitable activities

251,730

12

251,742

Governance costs

46,417

-

46,417

Total

298,147

12

298,159

NET INCOME/(EXPENDITURE)

(46,049

)

(12

)

(46,061

)

RECONCILIATION OF FUNDS

Total funds brought forward

175,127

42

175,169

TOTAL FUNDS CARRIED FORWARD

129,078

30

129,108

9.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

61,355

9,995

13,109

84,459

Disposals

(61,355

)

(9,995

)

(12,447

)

(83,797

)

At 28 February 2025

-

-

662

662

DEPRECIATION

At 1 April 2024

56,909

3,598

12,267

72,774

Charge for year

-

-

132

132

Eliminated on disposal

(56,909

)

(3,598

)

(12,002

)

(72,509

)

At 28 February 2025

-

-

397

397

NET BOOK VALUE

At 28 February 2025

-

-

265

265

At 31 March 2024

4,446

6,397

842

11,685

10.

DEBTORS

28.2.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

-

10,131

Prepayments and accrued income

-

2,178

-

12,309

Amounts falling due after more than one year:

Trade debtors

-

3,588

Aggregate amounts

-

15,897

Debtors due in more than one year represents fees due from ex customers who are continuing to repay their debts to Keighley Kiddicare Limited on a weekly or monthly basis over an extended period of time.

11.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

31.3.24

£

£

Bank loans and overdrafts (see note 13)

-

2,135

Trade creditors

-

3,181

Social security and other taxes

-

1,823

Accruals and deferred income

39,837

38,303

39,837

45,442

12.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

31.3.24

£

£

Bank loans (see note 13)

-

13,421

13.

LOANS

An analysis of the maturity of loans is given below:

28.2.25

31.3.24

£

£

Amounts falling due within one year on demand:

Bank loans

-

2,135

Amounts falling between one and two years:

Bank loans - 1-2 years

-

2,189

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

6,905

Amounts falling due in more than five years:

Repayable by instalments:

Bank loans more 5 yr by instal

-

4,327

14.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

28.2.25

31.3.24

£

£

Within one year

-

130

15.	MOVEMENT IN FUNDS

Net

movement

At

At 1.4.24

in funds

28.2.25

£

£

£

Unrestricted funds

General fund

126,989

(127,255

)

(266

)

Capital Grant

2,089

(2,089

)

-

129,078

(129,344

)

(266

)

Restricted funds

Grants

30

(30

)

-

TOTAL FUNDS

129,108

(129,374

)

(266

)

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

220,109

(347,364

)

(127,255

)

Capital Grant

-

(2,089

)

(2,089

)

220,109

(349,453

)

(129,344

)

Restricted funds

Grants

-

(30

)

(30

)

TOTAL FUNDS

220,109

(349,483

)

(129,374

)

Comparatives for movement in funds

Net

movement

At

At 1.4.23

in funds

31.3.24

£

£

£

Unrestricted funds

General fund

172,516

(45,527

)

126,989

Capital Grant

2,611

(522

)

2,089

175,127

(46,049

)

129,078

Restricted funds

Grants

42

(12

)

30

TOTAL FUNDS

175,169

(46,061

)

129,108