2024-03-31-accounts - The Childrens Foundation Limited

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The Children's FOUNDATION Making Serious Stuff Fun! Registered Charity Number 1000013 Trustees Annual Report for the year ended 31 March 2024 Registered Charity Numbèr 1000013 Registered Company Number 02528291

Contents Page Legal and Administrative Information Report of the Trustees

Legal and Administrative Information Charity Name: The Children's Foundation Limited Registered Charity Number.. 1000013 Registered Company Number.. 02528291 Registered Office and Operational address: Sir James Spence Institute of Child Health Royal Victoria Infirmary Queen Victoria Road Newcastle upon Tyne NE14LP Patron The Children's Foundation is honoured to have Sir Bradley Creswick as its Patron. Presldent Professor Sir Al Aynsley-Green Vl¢• Pre51dent Ms Lucy Winskell OBE Trustees and Dlrectors The Trustees who served during the period are noted below. The Trustees are also the directors of the charitable company for the purposes of company law. Dianne Winship- Chair Dr Sue Vernon - Vice Chair Dr Sunil Bhopal Barry Speker OBE DL John Treherne Karen Richardson Alice Wiseman . Laura McGrath Jay Wilson Helen Robinson CEO of The Children's Foundatlon Sean Soulsby Page 1

Independent Examiner Accounting for Good CIC Upper Precinct, Wesley Court 2 Geordie, Ridley Place. Blaydon on Tyne NE21 SBT Solicitors Womble Bond Dickinson (UK) LLP Helix The Spark Draymans Way Newcastle upon Tyne NE4 5DE Banks National Westminster Bank PLC 16 Northumberland Street Newcastle upon Tyne NE17EL Virgin Money 131-135 Northumberland Street Newcastle upon Tyne NE17AG Page 2

Trustees Annual Report Introduction The Children's Foundation is a charity covering the North East of England. We exist to improve the health and well-being of children and young people from birth to age 18 by making serious stuff fun. History The Children's Foundation is a small, independent child health charity. It was set up in August 1990 in Newcastle upon Tyne in response to a national report on child health that showed the health of children and young people in the North East was the worst in the country. Its first major appeal, the "Yellow Brick Road. raised £12 million in 4 years, a magnificent response by the people of the North East, to build The Sirjames Spence Institute of Child Health at the RVI in Newcastle upon Tyne. The building was later gifted to the NHS, and the charity receives office provision, utilities and IT within the building at a peppercorn rent on a 99 year lease. The charity remains fully independent. The Sirjames Spence Institute has since become a national and international center for research into childhood diseases and disorders. Over its 30+ years The Children's Foundation has seen its ambition of having "one of the finest centres in the world for the care of sick children" take shape in the form of The Great North Children's Hospital in Newcastle. Purpose Our aim is to improve the health and well-being of children and young people from birth to age 18 in the North East by making serious stuff fun! We want all North East children and young people to be happy and healthy. We want them to feel loved, respected, feel they have a voice and are heard. Evidence tells us that positive experiences early in life are closely associated with better performance at school, better social and emotional development, improved work outcomes and better lifelong health, including longer life expectancy. Early intervention is vital to prevent health inequalities. Page 3

The Object of the charlty is: (1) The promotion, preseniation and improvement of good health and well-being among children and young people in the North East of England. Including both physical and mentsl health, by such means as the trustees shall from time to time determine. Dellvering Public Benefit The Children's Foundation is an independent child health charity that raises money from Trusts and Foundations, individuals and the private and public sectors to fund its activities. All The Children's Foundation's charitable activities are intended to contribute to the improvement of the health and well-being of children and young people and are undertaken in pursuance of its charitable objectives for the public benefit. To this end, it aims to reach as many children and families as possible through its projects. In the period to 31 St March 2024, The Children's Foundation reached the lives of 1215 babies, children and young people across the region. Current Actlvltles The work of the charity remains focused on the three key child health areas: early years, children's mental health and children's physical health. We support babies, children, young people, and their families through a range of projects within hospitals, schools and the community under these themes providing opportunities that enhance their health and well- being. Earty Years: The Baby Box Project & 'Make a Million, Fundraising Appeal Mental Health Roots to Health, (including Therapeutic Horticulture Project Health & Happiness) Fuzzy Subjects Story Chair Project Physical Health Couch to 2K Holiday Activities Community Allotment Page 4

The Childrens FOUNDATION Baby Box& The Baby Box Built around S key principles (love & laugh, play, read, sing & talk and count) we are supporting first time parents and their babies with a best start in life. At the moment our boxes focus on those parents identified on a vulnerable parent pathway, referred by Midwives and Health Visitors. The box contents reflect the innovative scope of the project. Our Baby Box is the first to take a development approach to the child. It promotes attachment-based parenting and bonding and supports maternal well-being. Making )eriOLts StulF Funl Positive experiences early in life are closely associated with better social and emotional development, better performance at school and improved outcomes for the future. Early intetvention is vital to prevent health inequalities. Key interventions are projects that give children the best start in life. Our boxes do this. They promote confidence, help to build self - esteem, and address the anxiety and fear felt by many first-time parents. We support community-based ante-natal sessions for parents in receipt of boxes and aim to build a network of new mums/parents who will act as mutual support post-partum. Since the official Lunch in March 2023 the Baby Box project has expanded significantly, with boxes going out across Newcastle, Gateshead, North Tyneside and Northumberland. This expansion is mainly down to significant investment from the Combined Authority as part of their Child Povety Prevention Programme, delivering under pillar 4 'The Critical 1001 days,. An independent service evaluation of the Gateshead Pilot has been carried out by The National Institute for Health Research with the report due in May 2024. The Baby Box was named and recommended for regional roll out by the North East Child Poverty Commission in their 'No Time to Wait, report published Feb 2024, an ambitious blue print for tackling Child Povety in the North East. A special thanks and mention needs to go to Stiller Distribution and Warehousing, a North East based family run company who, in kind are storing, packing and distributing all the Baby Boxes on behalf of The Children's Foundation. Caring for babies is an importanc but very difficult job, and it takes the whole community to make a difference. We want to remind new parents and familie5 that they are cared for, and to promote a Best Start in life for all children born here in the North East. Page 5

Roots to Health (fherapeutlc Hortlculture Projects) Building on the success of our school based model and using the findings from the independent evaluation through the NIHR Applied Research Collaboration (ARC) North East and North Cumbria (NENC) by the University of Cumbria we continue to delivering 'Roots to Health, from our allotment site in Fawdon. Three groups of young people (referred by schools) have been supported by our Youth Workers to complete and achieve their level 1 award in Practical Horticulture through weekly sessions at the allotment. The project supports young people to create a garden as a safe space to develop their ability to mix socially, make friends and learn new practical skills. We are using our Accredited Centre status with City and Guilds to directly deliver this project to young people who struggle with full time classroom-based learning. Health and Happlness (fherapeutlc Hortlculture) This project supports those young people who have not (post pandemic), re-engaged fully in school due to social anxiety and mental health issues. The project was informed/created by young people and is delivered from our allotment site. Health and Happiness provides informal youth work and therapeutic support to Social, Emotional and Mental Health (SEMH) marginalised young people with emotional issues. The project aims to increase well-being, confidence and support young people with an opportunity to re-engage with education or progress to the Level 1 in Practical Horticulture (Roots to Health Project). Three groups of young people were supported to take part in the project, each creating an art journal linked to their self-reflection and learning, creating a resource for future use and for ongoing personal growth. Relationships are built in a non-judgmental, nurturing environment where young people learn from themselves and each other. Activities focus on building self- awareness, self-esteem and empathy (towards self and others) with ongoing reflection and cooking around a campfire. Working in partnership with Life and Limb Puppets, Fuzzy Subject5 uses giant puppets to engage children aged 9-11 in primary schools on the subject of mental health and well- being. It raises awareness of mental health, de-stigmatises the issue and builds resilience, supporting young people to develop tools and early interventions to improve their well- being. The project 15 delivered either as a whole class workshop or as a more targeted 6- week inteNention with small groups of children, specifically identified and referred by ubject Page 6

schools. A key factor in this project is the empowerment of children to be active in improving their own, and others, well-being and mental health by encouraging active participation in the sessions. They are designed to get them thinking and talking about their own mental health and life situation, exploring resilience factors in their lives and thinking about solutions or alternative actions they could adopt to keep them mentally well. A total of 625 children took part in Fuzzy Subjects over the last year. Story Chair You're never too old. wacky or wlld. to plck up a book and rnyd to a ch(Idl - Dr Seuss. Our story chair project has gone from strength to strength over the last 12 months. Tom, our expert storyteller has become a regular part of the team at Children's Outpatients in the QE hospital in Gateshead. Fortnightly sessions engage children and their families in storytelling and craft activities, reducing the stress and anxiety of hospital visits. Over 50 children have benefitted from the story chair over the last year. Thanks to funding from a local donor, we are expanding the project to an additional hospital in the region later this year. Couch to 2K Supports young people to gain self-confidence, improve fitness, increase physical activity and have fun via weekly walking/jogging/running sessions over 6-8 weeks in local parks/green spaces. Our Youth Workers support referrals via child health professionals for young people who are 'inactive' or otherwise not engaged in sport or physical activity. This year the project expanded into Northumberland supporting young people in the Looked After system. To encourage participation and remove barriers for young people to get involved, each young person receives an e-voucher to purchase sports clothes and trainers, and they also receive a basic fit-bit watch. Hollday Actlvltles One of the most negative effects to come out of the pandemic was the destructive impact it had on children's play; the spaces they play in, the degree of freedom they experience and their ability to choose what they do and how they do it. Our holiday programme is designed to combat holiday hunger, social isolation and inactivity, and targets children who can be classed as vulnerable. A programme of activities including surfing, and pop-up sports days in local parks took children out of their usual environments and gave them the opportunity to try new experiences, meet new people and have fun. Community Allotment Page 7

Our allotment provides children and young people with an engaging communal outdoor space to improve their social and emotional well-being. Young people are encouraged to work together and think creatively to improve this green space, allowing them to create lasting and meaningful connections with the natural environment. The weekly drop-in session has welcomed over 20 individuals. This project operates seasonally between March and October. Financlal Performance Income and Expenditure Income: Over the reporting period 1 April 2023 to 31 March 2024, The Children's Foundation raised a total of £41 S,582 compared to the previous period's total of £263,742 st Expenditure: Operational expenditure totaled £357,222 of which £143896 was on charitable activities to support a range of projects fulfilling the overall aims of the charity. Net Movement: Overall there was a surplus of £58,360 in the year. Comment: Work continues to increase Trust and Foundation applications as well as Statutory Contracts to support both charity projects and core funding. This is alongside work to build corporate relationships and community support. The trustees closely monitor the financial position and reserves. They are in close contact with the CEO and staff team. Reserves Policy Board policy remains that unrestricted funds not committed or invested in tangible fixed assets ('the free resenies,) held by the charity should be up to six months of the central unrestricted resources expended. On 31st March 2024 the unrestricted reseNes stand at £393,488 of which £296,463 is designated. Restricted funds amount to £160,816 as detailed in note 17 to the accounts. These are held specifically for the current charitable projects {listed on page 15 of accounts). Page 8

Governance The Children's Foundation is a charitable company limited by guarantee. The memorandum and articles of association by which the charity is governed were revised in September 2020. The Children's Foundation's Board of Trustee's is ultimately responsible for the actions of the charity and to ensure proper management and operational performance. The Children's Foundation is also regulated by the Charity Commission's charity law and practice. Directors The list of Directors (Trustee's) is given in the Administrative Information on page 3. Board of Trustee's The Board of Trustee's meet quarterly and is made up of 10 Trustees (as of 31 St March 2024). The Board is representative of a wide range of regional and professional interests including members from local business and health care organisations. The maximum and minimum number of the Committee members is determined by the Company in general meetings. There is no maximum number; the minimum number of Committee members is five with a quorum of 3. The Board is responsible for the development, implementation and management of the organisation's strategy. Where necessary and appropriate, the Board can also appoint Executive Committees, Working Groups and Sub-committees to manage particular project5 and specific activities. Appointments to the Board are made by the Board Members. Members serve for a four-year term serving for a maximum of three full terms. Trustees are elected at the Annual General Meeting and are subject to periodic re-election at the AGM. Operational Management The day-to-day operations of The Children's Foundation are managed by a core team located in its offices at the RVI, Newcastle upon Tyne. Regular reports are submitted at Board Meetings and there is close liaison between the Board of Trustees, Chief Executive and staff team. Pollcles The charity has established a number of core policies relating to the services it provides. The Children's Foundation embraces diversity and attaches great importance to equality of opportunity in the way in which it relates to all its applicants for funding and support, its employees, project workers, board members, volunteers and all others. Page 9

DBS Verification The Children's Foundation ensures that it applies for and adopts Enhanced Disclosure and Barring Service requirements whenever appropriate, with all staff required to obtain an Enhanced DBS check as a minimum. This also applies to Trustees. All staff complete a confidentiality statement upon appointment and child safeguarding training appropriate to their role. Political Neutrality The charity conducts its affairs in a non-political way and does not align itself to any political paty of policy. Induction Training and Development All trustees, staff and volunteers undertake an induction programme which includes the charitys policies, procedures and current business aims. These policies are regularly reviewed by the Board of Trustees. The charity encourages board members and staff to take advantage of conferences, seminars and training on matters related to the charity's business and relevant legislation. Risk Management The charity continues to maintain a strict policy with respect to monitoring of reserves. Internal risks are minimised by thorough procedures for the authorisation of all transactions and project funding, with regular assessments by the Finance sub-group and wider Board to ensure consistent quality of delivery for all operational aspects of the charity. An annual risk register is completed by the CEO and shared with Trustees. Insurance The charity has the following insurance: Public Liability insurance Employers, Liability insurance Trustee indemnity insurance Group Structure The Children's Foundation Limited has one subsidiary, -The Children's Foundation Trading Limited" over which it has deemed control by virtue of having two common directors. This subsidiary is currently dormant. Page 10

Investment policy The charity is able to make any investment it sees fit under its Memorandum and Articles of Association. Grant Making policy The Children's Foundation no longer makes grant awards. Valuation of Benefits in Kind Where gifts in-kind have a face value such as a voucher, this is used as the valuation basis. For other donated items, an assessment of the value is made on the basis of the likely purchase price. In line with FRS 102 Regulations time provided by general volunteers is not given a value in the accounts however the generosity is greatly appreciated by the charity. The outstanding contribution made by Stiller Warehousing & Distribution Ltd in the support of the Baby Box project is recognised. Without them the charity would 'lose' up to 1 in 10 of the Baby Boxes. Trustees, Responsibllltles Statement The Trustees, who are also directors of the Company, are responsible for preparing the Report of the Trustees and the Financial Statements in accordance with applicable law and regulations. Company and charity law requires the Trustees to prepare financial statements for each financial year. Under that law the Trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to". select suitable accounting policies and then apply them consistently; make judgments and accounting estimates that are reasonable and prudent; and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. Page 11

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the Trustees are aware: there is no relevant information of which the charitable CoMpanS independent examiner is unaware; and the Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant information and to establish that the independent examiner is aware of that information. The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Acknowledgments of Support Trusts. Foundatlons and Funders The Children's Foundation would like to make special mention of thanks to the trusts and foundations who have given significant support throughout the year: Ringtons Fund - The Community Foundation Wellesley Trust- The Community Foundation Greatham Hospital of God Do-Terra Healing Hands Foundation Newcastle Building Society- The Community Foundation Ernest Cook Trust StreetGames UK Community Foundation Tyne Wear and Northumberland Postcode Neighbourhood Trust Groundwork UK- Tesco Blue Token Scheme Yorkshire Building Society Page 12

Greggs Foundation Muckle LLP - The Community Foundation Frazer Trust Newcastle Hospitals Charity Newcastle City Council - Youth Fund North of Tyne Combined Authority Gateshead Council ICB - Core 20 Plus Fund South Tyneside Council Tynedale Lions Fundraising The charity continues to raise funds to support its projects via individual giving, events, corporate support and trust and foundation grants. Related parties None of the trustees receive remuneration or other benefit from the work with the charity. Upon joining the Board trustees are asked to disclose any declarations of interest, this declaration of interest opportunity is also replicated and recorded within the minutes of individual board meetings. Independent Examlners The Children's Foundation would like to take this opportunity to thank the independent examiners, Accounting for Good CIC for their help in preparing and independently examining the accounts. Trustees The Children's Foundation would like to thank all board members, who give up their time on a voluntary basis for the benefit of the charity, for their support, guidance and commitment throughout the year. Staff The Children's Foundation would like to thank all members of staff for their support and hard work. In addition, it has had great support from Jason Chan who joined the team as student placement from Sunderland University. Page 13

Volunteers The Children's Foundation would like to thank all volunteers who give up their time supporting all aspects of the charity. Events The Children's Foundation was involved in a number of successful fundraising events during the year which raised vital income for the charity. These included; The Starfish Children's Concert £6,850.13 before the addition of any Gift Aid. Note this contains a significant anonymous donation. We continue to be indebted to the Aspray family, their friends and supporters whose encouragement has turned this into an anticipated event in our calendar. The Great North Run. We had 27 runners in total with 4 of these supporting us from an 'own place, position. GNR 2023 raised £10,023.44, including Gift Aid The Challenge Take £25 Event, The charity would like to express a huge thanks to Sunderland University for allowing us to continue to incorporate the Challenge Take £25 into the students, first year degree modules and for a great deal of hard work on their behalf to ensure the Challenge was a success. Lead Tutor, Iraa Wimpenny's support and guidance to the teams was invaluable. Thanks especially to Enterprise Rentals for their ongoing commitment to the sponsorship of this event. 26 teams raised an incredible £11.448.18 Includlng Gift Ald The winnlng t•am delivered an unbeatable £1,669.75 The festive fundraising period was a great success again with the charity raising funds through school choirs and carol singing and the Christmas Wrap Stand took place at Eldon Square. We were delighted to be asked to return and alongside wrapping and were the active participants and recipients of the Elf Workshops being delivered by the Centre. We are grateful for their support and that of volunteers in delivering these events in challenging financial times. We owe huge thanks to Michaela Higson who volunteered and took on th Santa's Letters and was pivotal in the Elf Workshops. Across the days, from 14 to the 24 December we raised £5.207.69 th Page 14

The corporate bowling team building event took place in March with 5 teams tsking part. We raised £691 from the event with three of the teams entering via a match fund which adds £495 to the real total although this has been recognised in the do-Terra Healing Hands Match Fund Challenge. Thanks to NAMCO for their ongoing support in hosting the event and contributing prizes and their management support. Communlty The Children's Foundation would like to thank everyone in the community who worked in lots of ways to raise money for the charity over the past year. A special thank you goes to a number of individuals who have helped the us raise funds by organising community events, sharing our work within their networks and completing personal challenges. In particular we would like to thank Norman Bloomfield for continuing to be the best Community Ambassador a charity could hope for spreading awareness and working incredibly hard to raise funds in his community. Joanne Pybus and Kath Wilson from Area 1A the British Show Pony Society, who have supported the charity for over 30 years. The Show raised an incredible £2,250 in this year, which included match funding from Barclays. Newcastle School for Boys, whose competitions and bake-offs have been in support of the charity. Karen Colley Kingston Park Tesco, Ashleigh Longstaff - Asda Byker, Micheala Higson whose ability to gain support from her local supermarkets never ceases to amaze, St Bartholomew's Church, Newbiggin by the Sea, The Oddfellows Brass Band Concert,. Bach Choir, other school choirs, the Swing Bridge Singers and Bradley Creswick MBE, our Patron who is the musical supremo and thread underpinning our commitment to music in the lives of children. Corporate Fundralsing The Children's Foundation is very grateful to the Northeast business community, who are extremely supportive of the charity's projects and events. The charity would like to thank Technip FMC PLC and Turnitin who chose to support The Children's Foundation as their Charity of the Year. Companies who have supported The Children's Foundation through staff fundraising, by supporting events or with other donations this year are: Gifft Worldpay Mandata A&PTyne Kavli: (Primula Cheese) Page 15

Egger UK (Hexham): £470 via Richard MacFarlane who raised 5 euros per mile he ran in the year Asda Byker Tesco Kingston Park Enterprise Rentals Purma Proctor & Gamble Stiller First and Last Brewery The Book Detective Newcastle Building Society Ongoing thanks goes to Glen Wheeler of Stack up Digital who continues to support the updates and maintenance of The Children's Foundation's website in-kind and we are grateful to Kay Wightman at Accounting for Good for her support with the charity's Independent Examination. The Children's Foundation is very much an independent charity that recognises that it could not exist without the enormous support it receives from a wide range of people and organisations. The Board of Trustees is very grateful to everyone who has supported the charity in the past year, be they a committed corporate supporter, a volunteer, or an individual who has given a donation. This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006. Approved by the Board and signed on its behalf: Dlanne Wlnshlp: ... Chair Page 16

The Chlldrens, Foundatlon Llmlted Charlty No. 1000013 Company No. 02528291 Trustees, Report and Unaudlted Accounts 31 March 2024

The Childrens. Foundation Limlted Contents Pages Charity Information Independent Examiner's Report Statement of Flnanclal Actlvltles Summary Income and Expendlture Account Balance Sheet Statement of Cash flows Notes to the Accounts 8t017 Detailed Statement of Flnanclal ActlvStles 18to20 Page I

The Childrens, Foundation Limited The trustees. who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charlty for the year ended 31 March 2024. REFERENCE AND ADMINISTRATIVE DEfAILS Company No. 02528291 Char5ty No. 1000013 Reglstered Office Slr James Spence Institute RVI Queen Vlrtoria Road Newcastle NEI 4LP Dlrectors and Trustees The Dlrectors of the charltable company are Sts Trustees for the purposes of charlty law. The followlng Dlrectors and Trustees served durlng the year: S. Bhopal L. McGrath K. Rlchardson H. Robinson B.N. Speker J. Treherne S. Vernon J. Wilson D. Wlnship A.K. Wlseman Accountsnts Accounting for Good CIC 2 Geordle Rldley Place Upper Preclnct Wesley Court Blaydon on Tyne Tyne and Wear NE215BT Page 2

The Childrens, Foundation Limited Independent Examlners Report Independent Examlner's Report to the trustees of The Chlldrens, Foundatlon Llmlted I report to the charlty trustees on my examlnatlon of the financlal statements of The Chlldrens, Foundatlon Llmlted for the year ended 31 March 2024. Responslbllltles and bas15 of report As the charity's trustees of the company (and also 5ts dlrectors for the purposes of company law) you are responslble for the preparatlon of the flnanclal statements In accordance wlth the requlrements of the Companies Act 20061'the 2006 Act. Having satisfied myself that the financial statements of the Charlty are not requlred to be audited under Part 16 of the 2006 Act and are eligible for independent examlnatlon, I report In respect of my examlnatSon of your charlty's flnancial statements as carried out under sectlon 145 of the Charities Act 2011 {'the 2011 Act'}. In carrylng out my examlnatlon I have followed the Dlrectlons 8Sven by the Charlty CommlssSon under sectlon 145(51 (bl of the 2011 Act. Independent examlner's statement As the charity's gross Income exceeded £250,000 your examSner must be a member of a body Ilsted In section 145 of the 2011 Act. I confirm that l am quallfied to undertake the examinatlon because l am a member of FFA FTA, whlch Is one of the listed bodies. I have completed my examlnatlon. I can conflrm that no materlal matters have come to my attentlon In connectlon wlth the examlnatlon 8lvlng me cause to belleve: • accountlng records were not kept In accordance wlth sectlon 386 of the 2006 Act . or • the financSal statements do not accord wlth those records; or the financSal statements do not comply with the accountlng requlrements under sectlon 396 of the 2006 Act other than any requlrement that the flnancial statements glve a 'true and falr, vlew whlch Is not a matter consldered a5 part of an Independent examlnatlon. or • the flnanclal statements have not been prepared In accordance wlth the methods and prlnclples of the Statement of Recommended Practlce for accountlng and reporting by charities appllcable to charltles preparin8 their accounts in accordance with the Financlal Reportln8 Stsndard appllcable In the UK and Republlc of Ireland IFRS 102). I have no concerns and have come across no other matters Sn connectlon wlth the examlnatlon to whlch attentlon should be drawn in thls report in order to enable a proper understandlng of the flnanclal statements to be reached, Kay Wightman FFA FTA Accounting for Good CIC 2 Geordle Ridley Place Upper Precinrt Wesley Court Blaydon on Tyne Tyne and Wear NE215BT 12 December 2024 Page 3

The Chlldrens, Foundatlon Llmited ststement of Flnanclal Activities forthe year ended 31 March 2024 Unrestrlcted funds 2024 Restrlcted funds Total funds Total funds 2024 2024 2023 Notes Income and endowments from: Donations and legacies Charitable activities Investments Other 87,410 67,542 9,128 1,832 11,112 237,334 98,522 304,876 9,128 3,056 69,187 176,663 1,534 16,358 1,224 Total 165,912 249,670 415,582 263,742 Expendlture on: Raising funds Charitable actlvitles Other 16,885 17,510 113,051 16,885 143,896 196,441 10,748 65,656 156,484 126,386 83,390 io Total 147,446 209,776 357,222 232,888 Net galns on Investments Net Income 11 18,466 39,894 (14,790) 58,360 30,854 Transfers between funds 14,790 Net Income before other 8alnslllosses) 33,2S6 25,104 58,360 30,854 Other galns and losses Net movement In funds 33,256 25,104 58,360 30,854 Recondllatlon of funds: Total funds brought forward 360,232 135,712 495,944 465,090 Total funds carrled forward 393,488 160,816 554,304 495,944 Page 4

The Childrens, Foundatlon Limited Summary Income and Expendlture Account for the year ended 31 March 2024 2024 2023 Income 406,454 262,208 Interest and investment income 9,128 1,534 Gr05s Income for the year Expenditure 415,582 263,742 351,810 227.452 Depreclation and charges for impalrment of fixed assets 5,412 5,436 Total expendlture for the year Net income before tax for the year 357,222 232,888 58,360 30,854 Net Income for the year 58,360 30,854 Page 5

The Childrens, Foundatlon Limlted Balance Sheet at 31 March 2024 Company No. 02528291 Notes 2024 2023 Flxed assets Tangible assets 13 220,309 220,309 225,721 225,721 Current assets Stocks Oebtors Cash at bank and In hand 14 151,862 31,991 292,135 475,988 (141,993) 333,995 554,304 15 31,783 333,607 365,390 {95,167) 270,223 495,944 Credltors: Amount falllng due within one year Net current assets 16 Total assets less current Ilabllltles Net a$5ets ex¢ludln8 penslon asset or Ilablllty 554,304 495,944 Total net assets 554,304 495,944 The funds of the charlty Re5trlcted funds Restricted income funds 17 160,816 160,816 135,712 135,712 Unrestrlrted funds General funds Desi8nated funds 17 97,025 296,463 109,013 251,219 393,488 360,232 Reserves 17 Total funds 554,304 495,944 These accounts have been prepared In accordance with the speclal provlslons of Part 15 of the Companles Act 2006 relating to small companies. For the year ended 31 March 2024 the company was entltled to exemption under section 477 of the Companies Act 2006 relatlng to small companles. The members have not required the company to obtain an audlt In accordance wlth sectlon 476 of the Companles Act 2006, The directors acknowledge their responsiblllties for complylng wlth the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. Approved by the board on 23 June 2024 And slgned on Its behalf by: Trustee 12 December 2024 Page 6

The Childrens. Foundatlon LlmSted ststement of Cash flows for the year ended 31 March 2024 2024 2023 Cash flows from operatlng actlvltles Net income per Statement of Flnanclal Actlvltles 58,360 30,854 Adjustments for: Depreciation of property, plant and equipment Dividends, interest and rents from Investments Increase In stocks Increase In trade and other recelvables Increase In trade and other payables 5,412 (12,184) (151,862) (208) 46.225 5,436 (24,7921 (21,823) 79,064 Net cash {used In)/provlded by operatlng artlvltles (54,2571 68,739 Cash flows from Investln8 artlvltles Dividends, interest and rents from investments 12,184 24,792 Net cash from Investln8 artlvltles 12,184 24,792 Net cash from flnanclns artlvltles Net (decrease)hncrease In cash and cash equlvalents (42,0731 93,531 Cash and cash equlvalents at the beglnnln8 of the year 333,607 241.965 Cash and cash equlvalents at the end of the year 291,534 335,496 Component5 of cash and cash equlvalents Cash and bank balances 292,135 333,607 292,135 333,607 Page 7

The Childrens, Foundatlon Llmlted Notes to the Account5 for the year ended 31 March 2024 l Accountlng pollcles Basls of preparatlon The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charitles preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) leffectlve I January 2015) - (Charities SORP (FRS 1021), the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Chan8e In basls of accountlng or to prevlous accounts There has been no change to the accounting policies Ivaluatlon rules and method of accounting) since last year and no changes have been made to accounts for previous years. Fund accountlng Unrestrlcted funds These are available for use at the discretlon of the trustees In furtherance of the general objetts of the charitv. These are unrestrlcted funds earmarked by the trustees for particular purposes. These are unrestricted funds whlch include a revaluation reserve representln8 the restatement of investment assets at thelr market values. These are avallable for use subject to restrlctlons imposed by the donor or through terms of an appeal. Designated funds Revaluation funds Restrlcted funds Income Recognitlon of Income Income is Included in the Statement of Financlal Activities {SoFA) when the charity becomes entitled to, and vlrtually certain to recelve, the income and the amount of the Income can be measured with sufflclent rellability. Income wlth related Where Income has related expendlture the Income and related expendlture Is expendlture reported gross In the SOFA. Donatlons and legacles Voluntary Income recelved by way of grants, donatlons and gift$15 5ncluded In the the SOFA when recelvable and only when the CharSty has uncondltlonal entltlement to the income. Tax reclalms on Income from tax reclaims Is Included in the SOFA at the same tlme as the donatlons and gifts glft/donatlon to whlch It relates. Donated services These are only Included in income (wlth an equivalent amount In expendSture) and facilitles where the benefit to the Charlty is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income Thls Is Included in the accounts when recelvable. Gainsl(losses) on Thls Include5 any gain or loss resultlng from revalulng investments to rnarket value revaluation of fixed at the end of the year. assets Gains/(losses) on Investment assets This includes any galn or loss on the sale of investments. Page 8

The Chlldrens, Foundation Limlted Notss to the Attounts Expendlture Recognltlon of expendlture Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attractin8 voluntary Income, fundralsing ralsing funds trading costs and investment management costs. Expenditure on These comprise the costs Incurred by the Charlty In the dellvery of its activities and charitable activities services in the furtherance of its objects, including the maklnE of grants and governance costs. All grant expenditure Is accounted for on an actual pald basls plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. These include those costs associated with meetlng the constitutional and statutory requirements of the Charity, including any auditlindependent examination fees, costs Ilnked to the strateglc mana8ement of the Charltyi tO8ether wlth a share of other administratlon costs. Other expendlture These are support costs not allocated to a partlcular actlvlty. Grants payable Governance costs Taxatlon The charlty Is exempt from corporatlon tax on Its charltable actlvltles. Tanglble flxed assets and depreclatlon Depreclation Ss provided at the followln8 annual rates In order to wrlte off each asset over Its estimated useful Ilfe: Leasehold Bulldlngs Flxtures & Flttlngs % stral8ht Ilne over SO years IO% reduclng balance Freehold Investment property Investment properties are measured Inltlally at cost and subsequently at falr value at each balance sheet date and are not depreclated. All galns or losses are taken to the Statement of Financlal Activlties as they arlse. Stocks Stock is included at the lower of Cost or net realisable value. Donated items of stock are recognised at fair value which Is the amount the charity would have been wllllng to pay for the Items on the open market. Trade and other debtors Trade and other debtors are recognlsed at the settlement amount due after any trade dSscount offered. Prepayments are valued at the amount prepald net of any trade discounts due. Cash and cash equlvalents Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term hlghly Ilquld investments Wlth original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current Ilabllltles. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integra5 part of the company's cash management. Page 9

The Chlldrens, Foundatlon Llmlted Notes to the Accounts Trade and other credltors Short term credltors are measured at the transaction price, Other creditors and provisions are recognlsed where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Research and development Expenditure on research and development is written off in the year in which it Is Incurred. Forelgn currencles Monetary assets and liabilitSes denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting perlod. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred. All exchange dlfferences are are taken into account in arrivlng at net Income/expendlture. Leased assets Where the charlty enters Into a lease which entails takln8 substantlally all the rlsks and rewards of ownershlp of an asset, the lease is treated as a flnance lease. Leases whlch do not transfer substantially all the rlsks and rewards of ownership to charlty are classlfled as operatlng leases. Assets held under flnance leases are Snltlally recognlsed as assets of the charlty at thelr falr value at the Inceptlon of the lease or, if lower, at the present value of the mlnlmum lease payments. The corresponding liability to the lessor Ss included in the balance sheet date as a flnance lease obll8ation. Lease payments are apportloned between finance expenses and reduction of the lease obllgation so as to achleve a constant rate of Interest on the remalnlng balance of the1Sablllty. Flnance expenses are recognlsed Immedlately, unless they are dlre¢tly attributable to quallfylng assets, In which case they are capltallsed In accordance wlth the charSty'S policy on borrowln8 Costs. Assets held under finance leases are depreciated in the same way as owned assets. Operating lease payments are recognised as an expense on a straight-llne basls over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are reco8nlsed as a liability. The aggregate benefit of incentlves Is recognised as a reductlon of rental expense on a stral8ht-1Sne basis. Penslon costs The charity operates a deflned contrlbution plan for Its employees. A defined contrlbutlon plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been pald the company has no further payments obll8atlons. The contrlbutions are recognlsed as expenses when they fall due. Amounts not pald are shown in accruals In the balance sheet. The assets of the plan are held separately from the company in independently admlnlstered funds. Receipt of donated goods, facllltles and servlces All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charlty. Page 10

The Chlldrens, Foundatlon Llmlted Notes to the Accounts 2 Company status The company is a private company limited by guarantee and consequently does not have share capital. 3 Statement of Flnanclal Artlvltles - prlor year Unrestrlrted funds 2023 Restr5cted funds Total funds 2023 2023 Income and endowments from: Donations and legacle5 Other tradlng actlvitles Investments Other 132,328 11,377 1,534 10,699 92,670 2,575 224,998 13,952 1,534 23,258 12,559 Total 155,938 107,804 263,742 Expendlture on: Raising funds Charltable actlvltles 2,913 2,189 105,120 7,835 63,467 51,364 10,748 65,656 156,484 Other Totsl 110,222 122,666 232,888 Net Income 45,716 114,862) 18,535) 30,854 Transfers between funds 8,535 Net In¢ome before other galns/(losses) Other galns and10sses: Net movement In funds 54,251 (23,397) 30,854 54,251 {23,397) 30,854 Recondllatlon of funds: Total funds brought forward Total funds ¢arrled forward 305,980 159,110 465,090 360,231 135,713 495,944 4 Income from donatlons and legacles Unrestrlrted Restrlcted Total 2024 Total 2023 Donatlons - Indlvldual 36,744 23,379 27,287 87,410 6,027 5,085 42,771 28,464 27,287 98,522 29,839 25,396 13,952 69,187 Donations - Corporate Events & Sponsorshlp 11,112 Page 11

The Childrens, Foundatlon Llmlted Notes to the Accounts 5 Income from charlt3ble artFvltle5 Unrestrlcted Restrlrted Total Total 2023 2024 Charitable Activities 51,617 185,717 51,617 185,717 67,542 304,876 67,995 8,400 100,268 176,663 Baby Box Core Costs 67,542 67,542 237,334 6 Income from Investments Unrestrlcted Total Totsi 2024 2023 Interest Received 9,128 9,128 9,128 9,128 1,534 1,534 7 Other Income Unrestrlrted Restrfrted Total 2024 Total 2023 Other Income In K5nd Glfts 32 1.800 1,832 1,224 1,256 1,800 3,056 14,858 1,500 16,358 1,224 8 Expendlture on ralsln8 funds Unrestrfcted Total 2024 Total 2023 Costs of generotlng voluntory income Donatlons - Individual 16,885 16,885 16,88S 16,885 10,748 10,748 9 Expendlture on ¢harltable actlvltle5 Unrestrlcted Restrlrted Total Total 2024 2023 Expenditure on charitoble activitles Charitable Activities 15,801 31,993 94,291 102 47,794 94,291 1,811 34,387 28,775 2,494 Baby Box Core Costs 1,709 Governonce costs 17,510 126,386 143,896 65,656 Pa8e 12

The Childrens, Foundatlon Llmlted Notes to the Accounts 10 Other expendlture Unrestrlcted Restrlcted Total Total 2023 2024 In Kind Gifts 1.800 1,800 1,500 Employee costs Motor and travel costs Amortlsatlon, depreclatlon, Impairment, proflt/loss on disposal of fixed assets General adminlstratlve costs 82,542 933 80,551 1,525 163,093 2,458 127,584 2,489 5,412 5,412 5,436 6,979 15,385 113.051 1,314 8,293 15,385 196,441 10,953 8,522 156,484 Legal and professional costs 83,390 11 Net Income before transfers 2024 2023 This Is stated after charging: DepreciatSon of owned fixed assets 12 Staff costs 5,412 5,436 2024 149,130 7,205 6,713 163,048 2023 112,755 9,016 5,342 127,113 Salarles and wages SocSal securlty Costs Penslon costs No employee recelved ernoluments in excess of £60,000, The average monthly number of full tlme equlvalent employees durlng the year was as follows: 2024 Number 2023 Number Management Project Oellvery Fundraising 10 The company operates a defined contrlbutlons penslon scheme. The penslon cost charge represents contrlbutlons payable by the company to the fund and amounted to £396112020 £3163). Contributlons totallln8 £nll (2020 £nll} were payable to the fund at the balance sheet date and are included in credltors. Page 13

The Childrens, Foundatlon Llmlted Notes to the Accounts 13 Tanglble fixed assets Lèasehold Bulldlngs Flxtures & Flttlngs Total Cost or revaluatlon At l April 2023 At 31 March 2024 Depreclatlon and Impalrment At l April 2023 Depreclatlon charge for the year At 31 March 2024 260,000 260,000 92,479 92,479 352,479 352,479 36,400 90,358 126,758 5,200 212 5,412 41,600 90,570 132,170 Net book values At 31 March 2024 At 31 March 2023 14 Stocks 218,400 223,600 1,909 2,121 220,309 225,721 2024 2023 Work 5n progress ISl,862 151,862 Carrylng v?lue analysed by artlvltles 2024 2023 Baby Box 151,862 151,862 15 Debtor5 2024 2023 Trade debtors Other debtors Prepayments and accrued income 30,449 336 1,206 31,991 24,834 240 6,709 31,783 16 Credltors: amounts fallin8 due wlthln one year 2024 2023 Trade creditors Other taxes and soclal securlty Other credltors Accruals Deferred income 45,800 3,459 1,202 2,401 89,131 141,993 6,125 2,076 820 1,800 84,346 95,167 Page 14

The Chlldrens, Foundatlon Llmlted Notes to the Accounts 17 Movement In funds Incomlng resource5 At31 March 2024 Ilndudlng At l Aprll other 2023 8alns/losse5) Resources expended Gross transfers Restrlcted funds: Restrlrted income funds: Therapeutlc Hortlculture Fuzzy SubJects Green Mentor Roots to Health Baby Box Hollday Actlvlties Couch to 2K Community Allotment Story Chalr Total 39,545 5,753 8,885 20,090 45,742 471 12,590 466 2,170 135,712 19,788) (10,9891 (9,1961 (35,8381 1127,125) (5,974) 15,751) 13,178) 11,937) (209,776) (29,757) {901) {281) 30,038 (13.410) 6.137 592 26.267 200,562 5,503 800 4,309 5,500 249,670 40,557 105,769 7,639 1,118 5,733 160.816 (479} (14.790) Unrestrlrted fund5: General funds 109,013 165,912 (122,445} 155,455) 97,025 Desl8nated funds: Leasehold Buildlngs Fuzzy Subjects Mollday Actlvltles Communty Allotment FundraSsin8 Database Marketlng & Website Couch to 2K Roots to Health 226,219 13,0(K) (5,2001 (13,089) (2,712) 221,019 5.850 5,939 (1,288) 1,722 3,100 5,500 4,816 50,456 2,0(K) 2,000 4,000 3,722 5,100 5,500 4,816 50,456 (4,000) Total 251,219 (25,001) 70,245 296,463 Total funds 495,944 415,582 (357,222) 554,304 Purposes and restrlctlons In relatlon to the funds: Restricted funds: Therapeutlc Horticulture Providing SUPPOrt and tultion to dlsadvanta8ed young people In education to enable them to seek quallficatlons and pursue a career in hortlculture or attend further educatlon Uslng puppets to Smprove the emotlonal and mental health of chlldren and young people In the region Providin8 mentoring and advice to young people, supporting the design and delivery of impactful community environmental projects Provlding mentoring and advice to young people, supporting the design and delivery of Impactful communlty environmental projects Fuzzy Subjects Green Mentor Roots to Health Page 15

The Chlldrens, Foundatlon Llmlted Notes to the Accounts Baby Box Holiday Activities Providing baby boxes to famllles in need Aiming to improve young people's health, fitness and wellbeing through exercise. Couch to 2K Aiming to Improve young people's health, fitness and wellbeing through exercise. Community Allotment Designated funds: Leasehold Buildings Children's community garden drop in horticulture activities The leasehold buildings shown in the accounts relate to a valuation carried out by Knight Frank In 2017 wlth re8ard to a valuation report of the ground floor and basement offices used by The Childrens, Foundation of The Sir James Spence Institute of Child Health at the Royal Vlctoria Infirmary in Newcastle. The property has a long-term lease which expires in 2105 and no rent is payable on this lease therefore the asset is shown as a designated fund for accountlng purposes and is depreciated over the life of the lease. This amount represents the market value of the leasehold interest in the property In Its condition per the 2017 report wlth vacant possession. Uslng puppets to Improve the emotional and mental health of children and young people in the regSon To ensure the work can contlnue to year end UsSng green spaces to Improve the physical & emotional health of children and young people in the region For fundraising purposes Webslte upgrade & vldeo To ensure the work can contlnue to year end To ensure the work can contlnue to year end Fuzzy Subjects Hollday Actlvltles Communty Allotment Fundralsing Database Marketlng & Webslte Couch to 2K Roots to Health 18 Analysls of net assets between funds Unrestrlcted funds Restrlcted funds Total Fixed assets Net current assets 220,309 392,341 612,650 220,309 333,995 554,304 (58,3461 (58,3461 19 Reconclllatlon of net debt At31 At l Aprll 2023 March 2024 C85h flows Cash and cash equlvalents 333,607 333,607 141,472) 141,472) 292,135 292,135 Net debt 333,607 {41,472} 292,135 Pa8e 16

The Chlldrens, Foundatlon Limlted Notes to the Accounts 20 Commltments Operntlng lease commltments Annual commitments under non-cancellable operating leases are as follows: 2024 Land and bulldln8S 2024 2023 Land and bulldlngs 2023 Other Other Operating leases with expiry date: Penslon commltments 2024 2023 The penslon cost charge to the companv amounted to: 6,713 5,342 21 Related party dlsclosures Controlllng porty The company Is Ilmlted by guarantee and has no share capital,. thus no slngle party controls the company. Page 17

The Childrens, Foundatlon Llmlted Detslled Statement of Flnanclal Activities for the year ended 31 March 2024 Unrestrlcte d funds 2024 Restrlcted funds Total funds Total funds 2024 2024 2023 Income and endowments from: Donations and legacies Donatlons - Individual Donations - Corporate Events & Sponsorshlp 36,744 23,379 27,287 87,410 6,027 5,085 42,771 28,464 27,287 98,522 29,839 25,396 13,952 69,187 11,112 Charitable activities Charitable Activities Baby Box Core Costs 51,617 185,717 51,617 185,717 67,542 304,876 67,995 8,400 100,268 176,663 67,542 67,542 237,334 Investments Interest Received 9,128 9,128 9,128 9,128 1,534 1,534 Other Other Income In Kind Gifts 32 1,224 1,256 1,800 3,056 14,858 1,500 16,358 1,800 1,832 1,224 Total Income and endowments 165,912 249,670 415,582 263,742 Expendlture on: Costs of 8eneratSng donatlons and legacies Donatlons - Individual 16,885 16,885 16,885 16,885 10.748 10,748 Total of expendlture on ralsln8 funds 16,885 16,885 10,748 Charltable actlvlties Charitable Activities Baby Box Core Costs 15,801 31.993 94,291 102 47,794 94,291 1,811 143,896 34,387 28,775 2,494 65,656 1,709 17,510 126,386 Total of expendlture on charltable actlvlties 17,510 126,386 143,896 65,656 Other expenditure In Kind Gifts 1,800 1,800 1,800 1,8(M) 1,500 1,500 Employee costs Salarieslwages Employer's NIC 75,652 3,676 73,478 3,529 149,130 7,205 112,755 9,016 Page 18

The Chlldrens, Foundatlon Llmlted Detalled Statement of Flnanclal Actlvltles Penslon costs Staff recrultment Staff training Staff welfare 3,169 35 3,544 6,713 35 io 5,342 345 io 126 127,584 82,542 80,551 163,093 Motor and travel costs Travel and subsistence Fares 908 1,525 2,433 25 2,452 37 2,489 25 933 1,525 2,458 Gener31 administrative costs, Includlng depreclation and amortisation Depreclation of land and buildings Depreciatlon of Leasehold Bulldln8S Depreclatlon of Fixtures & Flttin8S Depreclatlon of Bank char8es Equlpment expensed General insurances Postage and couriers Software, IT support and related costs Statlonery and prlnting Subscrlptlons Sundry expenses Telephone, fax and broadband 5,200 5,200 5,200 212 90 494 1,342 341 212 90 236 494 1,342 501 883 1,117 67 160 335 103 438 364 202 686 1,611 1,546 1,585 13,705 4.067 2,277 699 1,603 1,228 1,062 12,391 318 523 1,314 1,479 16,389 Legal and professlonal costs Accountancy and bookkeepln8 Consultancy fees Sollcltor's fees Other legal and professlonal costs 6,480 1,750 26 6,480 1.750 26 5,760 1,327 971 7,129 7,129 464 15,385 15,385 8,522 Total of expendlture of other costs Total expendlture Net galns on Investments 113,051 83,390 196,441 156,484 232,888 147.446 209,776 357,222 Net Income 18,466 39,894 58,360 30,854 Transfers between funds 14,790 (14,790} Net Income before other gainslllossesl 33,256 25.104 58,360 30,854 Page 19

The Chlldrens, Foundation Limlted Detalled Statement of Flnancial Actlvltles Other Gains Net movement In funds 33,256 25,104 58,360 30,854 Recondllatlon of funds: Total funds brought forward 360,232 135,712 495,944 465,090 Total funds carrled forward 393,488 160,816 554,304 495,944 Page 20

The Chlldrens, Foundatlon Llmlted Charlty No. 1000013 Company No. 02528291 Trustees, Report and Unaudlted Accounts 31 March 2024