Both direct and indirect methods of child poverty computations remain contentious. More research and development of appropriate methods of child poverty measurements sensitive to the conditions in which children live, is needed. This article is an elaboration of a new intrinsic value approach for the computation of Child Living Conditions Scores (CLCS), and poverty in Uganda. Once CLCS is computed, appropriate poverty threshold can be chosen to delineate the poor children from the non-poor as demonstrated using the Uganda Demographic and Health Survey (UDHS) data for 2011. The results show that the intrinsic value method is not only a robust approach for the computation of CLCS and child poverty, but also a method which may be used in substitution for the Principle component methods of computing wealth index.