Just color and cut out the circle "compass" and the pointer. Use a brad to secure the pointer in the center.
the back of the Liahona, and one on the front, with the yarn pulled tight in the middle.
The Liahona - A Compass of Faith from the Friend. It includes a dot to dot worksheet and pictures that you can use for telling the story, or for the kids to color:http://lds.org/friend/1987/06/sharing-time-compass-of-faith?lang=eng&query=liahona