REGISTERED COMPANY NUMBER.. 02875761 (EnzlDd and Wks) REGISTERED CHARITY NUMBEK" 1033691 Report of the Trnstees And UnAudlted Ststsments For Tr¢ Year Ended 31 Dettmber 20LI R*dlo IAAllpop IDtrrnatlonal Lknlted Fuller Spwiing Mill House 58 GuildfoTd Street Chertsey KT169BE
Radkn L•llipop InternatIoD Llmlted Contents of the Flo¢181 StsttmeDts For The Year Ended 31 De¢¢mb¢r 2023 Report of the Tryste IDderndent Examl•¢rfi Report Slat¢meAt of Flnnd•l Attfvltles Baknoee Shee¢ Notes lo the Flnanclal Stst¢ments 7 to 10 Detslled Ststemeot of FlnAncl*l Aedvltle8
RAdk) lAlIpOp InterDalIon Llmlt¢d Report of the Tntsteej For Th¢ Year Ended 311)e¢embtr 2023 Tr who are alw dire£tOTS of the thoyity for the PUTFXW of the Compdnies Act 21Mkn, PTesent their rert with the financial staiements of the charity f the year endal 31 2022. The trtsS have the provisions of Alyoting and Rep)rtin8 by Charities: Sw¢ment of Re¢<Mnmend¢d Praaice applicabl¢ to charities preparing their ounts in acconkn with the Fit)ancial Rep)rtin8 StsNlard appltcable in the UK and Republi¢ of I11nd (FRS 102) (effLxXive l January 2015). oWEIVEs AND A1VITIEs Objtttivej #nd Ilmi Dd futu The eablish the pxTrlicy for the supm gTh)wth and development of the Rwjio LOllip brand, the tivitieS of ILS volunteer5 and pmvision of its service for the tnefii of sick thildren wherever p)&8ible in diffcffnt parts of th¢ world. Radio tA)Ilip)p Inlernaiion81 L)Fordinates cxi#in8 a¢livitics and developy new seThices and new territori The company plays a moniiorin8 role of the Stand of service within the 8roup of the charities swe&l around the worl& all operaling under the Radio Lollip)p banner. Counlrics rq)res¢nied are the Unid Kingdom, Austr1 New Zulan& Unila Statrs of America and South Afric& The ch8rities have the common ObjIlve of giving children psychoy)ciai and emolional supw)rt by providin8 c, comfort and entertaiiim¢nt ty sick ¢hildren in IryTthI and clsewiw¢ th[Sh br(xth&4ing and play ivitie& The o)mpany OWTLS the Radio iAIlliFW tswjunarks aThJ enlers into licensing arrnngemenls with the charities which use them. Thus it sets the stsndards for delivery of those chariii&% gerviLU and is the final arbiter in Lxse ol'any di4)ul¢. Slznllle•at Acdvl¢leJ 2023 w4s a year of y0Very ftt Radio IAilllpJp the ccamtries where we It opp8reni thal AUstsl New 7land and USA recovered much quicker wilh our volunie¢r twns rcttwning to the ward& In the UK a mor¢ cautious approKh was eAlotthl by the Ho4)itsl Authorilies with a slow grjU&l return word visiling by our volunie¢r& Again we have fortuna in that in all R10 lA)Illp opertin8 countries and at Radio iA)Iliw)p In¢ernalional. we hwl v8rytn8 levels of financijl rcyeryes available. These reserv¢5 have meani thal we have Iwi abl¢ w r¢m4in d vlabl¢, ongolng OrganIlon thn)ughl 2023. W¢ have #eppul up our rrffliiimait tivItieS rO$S all the countries where wc operatr and hav¢ provided training to these new voluners through the excellent work of our International Trninin8 Team. This team. led by Sally Pff dcvelopul a numkn of trainin8 initialives during 2023, including Lolltch&5 and Post-holder Power In 2023 we said farewell to two long-standing senior le4lership tnLeC& jealle Shorto. Australi who w&$ a founder mcmb¢r ond champion of th¢ or8ani5t¥tiOn and who hwl 8lv¢n 39 year3 4nd SwNly Gillew unli Kingdom, who 8upw)rta lI11P from ILS earliesi days and completed ov¢r 4trk years for the charbty - we shall mi&8 them for their energy. CoMp10n and commitment to the charity. The AStralIa Board welc4)med a new trustee, Dan Randar. who will fwus predominantly on OpelOn81 rnallay for the Austrdlian W and tn New 7£aiand Nicky Horne joined the In the UK we welcoma Charninda Stsnilaus and Martin Lowde to the B(Ar The International B(th md on four OlOn5 during 2023 and have swted io discuss with Country Bollrd Chairs how to Tefreth the Govenwnce Strudurts and Strategies acro the whole (*ganil0n. Page I
Radlo iA>lllpop Intern#tlonl iAmitrd R¢port ofthe Truste For Tre Year Ended 31 Dettmber 1023 OwEIVEs AND AcfiviTIES Signlfi¢•nt rtivlt6es- ¢ontlnued This work compliments the ongoing WO of the R10 LA)Iliw 2025 proj¢4 whthr a number of WLKk&ws have made reLX)mm¢ndionS alx)ul the future role of Radio Lollip4). ThrOuoUt the year ow fundrnlsing efforts rosS all the countrA¢8 have been very succe. In particular we con highlight Uniforni Free day in Westem Australia rnising s1250 for charity and in New York we were delighied to ffceive a (knWion from Stcphen Collrt ho of the IA1¢ Show. who gave $15,IXKI lo 5UPtM)rt our work & the New York Presbytrrian Children's Hospital. In New Zealarnl a Chorithble Trysu Southern SI ded W,(KM) Io SUPFQrt our activities atKI operntions. These fundraisin8 livi11¢S have helped us to conlinue ts) deliver play packs and gifts to chilthm in ho4)ital via our voluntrets deliv¢ring our play Seryt on the w8rds supw)rt hospitalised thildren, D¢vknpmeJts In 2024 we will coniinue our work Iwking the future Strateglc Direction of the Charlty. The Intemational Boar through the lethrship am for Radio Lolliw 2025, have develo1d the BICI SURVTr.Y. 8 $hol in time, across all countries and SlonS which will give us A uniquc opportunity to the 'current Mle, of the chhrity. Fr(ym this survey. we will develop new strategies for ch• revise ow SInK( refresh Ixrt )lICI¢S and pdUr¢S and sd a new directl( for the charity. Publ1¢ beDellt The charity IKlieves IL8 8¢rVI of helpin8 ¢hildM in hospital reLer m(Ye quickly. by reducing the need for m¢dication and stay in hospital, meets the iesl of d¢liverin8 public bencfil required by th¢ Charity Commi&sion. FINAi¥CIAL REVIEW FlnAncl•l pogltlon Thc wtrome for the year w&8 an ow8tin8 Surp1 of £9.833 (2022: defKii £4,975). Contributsons of £61.112 were rtrxived during the year from other member C(Mnpanies. With th¢ rcyerv¢s br[ght forword from the previous year the reserves Lwried forward ve ineI¢d to £33,798 (2022: £23.965). Reserves pollcy Th¢ Tru¥¢e¢s con51d¢r thul thcy should hold somc £30,(MKJ in rerY¢, lo covcr Ilkely ¢xrKrted expenditure for the following 12 months on the b&8is that sulricient contributii)Ths may nol always be rK)&siblc be patd by all group Lknrities ¢&h year. At 31 t)c4xmkn 2023 the reser4es were £33,798 (2022: £23,965). STRucfuRE, GOVERNANCE AND MANAGEMENT Governlng do¢ument The company is a regiMeTed dwity. number 1033691. It 15 a ¢ompAny limited by gwwtce and th¢s not have a shwt li1. It is 8ovemed by its Mem(ffRndum WMI Articla8 of Aswiation. Recrnltment #bd appolntmeDt of Dew tnuteei The dir10T$ have agreed th board shall comprise one director to reprent each county In whlch the gn)up of charities opKrntes (the 'member countrics'} and one additi(mal direcior to represent the internation81 &sPL ThefOre the iy)ard of dirrS in each memkr may nominate a ¢didate. not nec¢&wily one of their number. to reseni them on the Ixwd of this company. Indu¢tlon aod trxlDlng of new dirertors A rA)tential director is inviied to review th¢ aims of the charity and th¢n is invited ts) a normal iKMrd meeting and introduced to the other dirwtcrf& Provided there are no objections the candidate is then invited to join the bcth. Page 2
Rlh) iA)Illpop IDternatIon Umltl Re1 ofth¢ Truth For The Ytar Eaded JI December 20LI sTRUuRE GOVERNANCE AND MANAGEMENT OryAnkntlonAI structsre The directors hold one to face Ix)dThl meeting Ch ycar Ls part of an annual conference, which is also attended by dior5 of Othr ]0 Lolliwp eA)mpani¢& th¢ir volunteers and thher invited pwtiCiP8nLS. In &ldition, quarrly EKwd Meetin are now held by ZAM 115 REFERENCE AND ADMINISTRATIVE DETAIIS Reglsttred CoMnY Dumber 02875761 (En8land and Wales) Re¢tTed Chrlty •umb¢r 1033691 Regbtrred offlt¢ Charlotle Building London WIT IQL TThs¢eeJ 11 J Finn OBE CJ L Eldcrfield D Pmut DBOY Company Setretlry L King IndependeDt MIller MTLHawFCA Fuller Spurling Mill How¢ 58 Guildford Strecl Ckrtsey KT169BE Solkttor3 Charl¢% Rukqell Spcechlys LLP S Flect Place London EC4M 7RD BAttkerJ BclaY$ Bank PIC 43 FIiBh Stffet Sutton Surrey SMI IVR Approved by ordtr of th¢ IM)ard of Irusl¢¢s on.. 2J l.¥.(20.2..... and sId on its h&If by: OBE-T Page 3 Rtsia L£)wnoP T&Ln4A Ti ofvJItrL
Indtp¢ndent Examlntr's Report to the Trustees of RAdlo Lolllpop IDtern¢ioDal Umited Ind¢dent ex•mlttts rtport ts the tnMtee8 of Rldlo [liP&p IntsrnAik•nal Llmlted {'the comp) l Ttrmxt to th¢ charity tru&tts on my examSnation of the of the ComFny for the Y enthd 31 Decem 2023. Respooslbllltles and basls of reN)rt As the charity's trustees of the cpanY land also its directors for the purposes of (x)mpany law) you are re¥81b1¢ for the prqwatilm of the em)unts in rdan with the rcquirttnthts of the Companies Ath 21XK (Ihe 2(Mkn Act,). Having satisfied myself that the )Unts of the Comp9ny 8T¢ not required to audi1 under Part 16 of the 2(Kkn A¢t nd are eligible for indLithnt examination, I rewi in r¢spe¢t of my examination of your charity's Counts as caryied oul under S¢ction 145 of the Chariues A¥X 2011 {'the 2011 Acfl. In Ing out my emminauon I hav¢ followed the DitionS given by the Charity Commi&sion und¥T 10 145(5) (b) of the 2011 ACL IndtpeDden¢ examIne3 statement I have Lompletoj my examin70 I confirni that no matters hav¢ comc to my attention in connethi(m with the examination givlng me cause bell¢ve: tttountin£ re¢ords were nth kept in respect of thc Company &8 requiral by sli0n 386 of the 2(Xkn Aa. or the accounts (k) noi accord with ihose rOrds. or th¢ Unts nol comply with the UntIng rtyuirements of Se£tion 396 of the 2(MJ6 Ath other than Jny requiremeni the coUnts give a true and fair view which is a matscr &$ part of an ind1 examination; or the have not been wepor&l in with the methots OZKI principla of the Slaiement of RecommLndryJ tIce for (x)UntIng and rep)rtin8 by charities (appli¢oble to charitie5 prLyftrtng their 8¢4Mmls in aco)rthce with the Financial Reporting Slon(Iwd applicable in the UK ond Republic of IrelaNJ (FRS 102)). I have no c(xKems have come ¥r0&8 no otrT mallers in conneaion with the examinalim to which should ix draw in this ffixKI in order ts) rjwble a proper undrtsAndin8 of the )Unts to be reach M T C Harvey FCA Fuller Spurfin8 Mill House 58 (iuiidford Sircet Cher&y Surrey KT169BE 18 Pa8¢ 4
Radh) Lthpop Intern•tloul Llmlted ststemeDt of Flnanel*l Actfvltks OAcorporathit IDcome ahd Expendlturn Aeeount) For The Ended 31 Deeember 2023 31.12.23 31.12.22 INCOME AND ENDOWMENTS FROM and lewies 59 Group tharlty ¢oAtrfbutlooJ Charktable 61.112 59,140 Totsl 61.172 59.lw KXPENDITURE ON Ch#rtl•bk Ktfvl¢les Chfiritsble 51.339 64,174 NET INCOMEI(EXPENDITURE) 9,833 (4.975) RECONCILIA TION OF FUNDS Totsl fimds iyoughi foNard 23,%5 28,940 TOTAL FUNDS CARRIED FORWARD 33,798 23,965 The n(Aes forn) part of these financial statements Page 5
R) l11Pop Int¢rn¥don•l Umh 31 Dtetmkr 2023 31.12.23 31.1222 Total fvnds CURRENT A&SETS Debtors 12,967 J2.091 24.131 30,(N)6 05.658 55,127 CREDITORS Amounts falling due within one ye4r (31,8) (31,162) NET CURRENT AEls 33,798 23,5 TOTAL Assrrs CURRENT LIABILITIES 33.798 23.965 NET ASSETMLIABILITIES) 33.798 23,%5 FUNDS Unr¢stricted funds 33.798 23,965 TOTAL FUNDS 33,798 23,965 Tr charithle comrwy is entled exemrrtion from audii under Section 477 of the Companies Act 21)Y) for the year end 31 D¢¢¢mbcr 2023. memttrs have nol rwuiroj the CoMpY ts) obtsin on audit of its financial ststements for the year ended 31 Decemir 2023 in a¢Ctyde with Section 476 of the Companics Aa 2(kn. The trusw knOwledge iheir r¢s)nsibIlitieS for (a) ensurin8 that the chwitsble compAny keeps COUnting rffLYds that comply with Sections 386 and 387 of the Companics Ar¢ 2(K16 and epgring financial ststrments whtch give a truc and fair view of the of affairs of the charitable comwiy end of e&h finoncial ye4r and of its Surp1 or deticit for each financial year in with the r¢quircments of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2(MX) relatln8 to financiRI styemenls so far applicable the ¢lwltsble company. These flnancial statanents have been pAred in )rd with the Provisions 4wliL¥blc to ¢haritsbk LMlIeS subjec¢ ts) smdl compAnies Tegim (b) 181 st8*ments were approved by the Bo&rd of Tn1¢¢5 and autknri%d fw IUC .. aNI were signed on its beholf by: nOBE-Tru . L . LFI OA) The n(rtes forni part of these financi81 statements Page 6
RAdlo L•Uipop InterntiOn Umlted Note8 to the fm•nelal Ststmmts For The Ymr Ended 31 Dttmbtr 2023 ACCOUNTING POLICILS Blsb of preprlng the flnanclAI 81atemeots lThe finwKial sthtements of the charitable company, which is a public b¢nefit enttty under FRS 102. have been prepdred in rdance with the Charities SORP {FRS 102) 'ALYounting and Rep(Yting by Chorities: Statement of Recommended Pr11¢¢ applicable lo charities preparing their CoUnts in xcordance with the Financial R¢wning Swidard applicable in the UK arKI RerblIC of Ireland (FRS I(K2) (effective l January 2019y, Financial Rewrting Slandard 102 Trie Financial Re&Ing Standard applicable in the UK and Republic of Ireland. and the Companies Act 2(MX>. The financial stathcnts hav¢ been prepared under the hists¥ri cost conveni1. FlaaAelAI repordn¥ slandojrd 102. r¢du¢ed dht105ure exemplkn The charitsble )MpAnY h&8 tsken advanla8e of the following disclosure exemption in ptrparing these financial slatemenl& a5 perniiityl by FRS 102 '1he Financial Rep)rtin8 StandNrd applicable in thc UK and Ryblic of Ireland,: the requlremcnts of Sethion 7 Statement of Cth Flows. Income All income 15 nxx)gnised in the Sthtemeni of FInCIal Activities once the ch8Tity entitlem¢M to the fund& It is rKoiMble that the income will be receiv and the amount can be meth r¢liably. Kxpeodlthre l.iabilities are recognised expendilure &5 S(M)n &8 there 15 a legol or cA)nstnlive obligalii>n committing the charity to thal exndItU it is probable that a traA8fer of economic berfits will be requir&1 in settlemeni and the amounl of lh¢ obligation can be mea8wed reliably. Expendittwe is accounied for on an ¢nlS b&8is ha5 t¢n classified under he&lin8s 88gre8ate CO rclatrd the catrgory. Where costs LYUXX be direclty attributrd to Fwrticular headin8s tho hav¢ b¢¢n all(Katal w 1vItieS a b&sis aXlsten1 with the of Taxatkty charlty is exemo from L?)rti t&x ffl its charitable tIvitIe& Fund •eeo•nllDi Unre5trirfed fiuth can k ud in Cldan with the chgritable ObJtIveS at the disadion of the trustees Restrictcd thnds Ln only b¢ usd for Particular restricd purr)ses within the obJts of the charity. Restrictions arl8¢ whm spwltled by th¢ or when funds are r8lsed for partIthr r¢JtriGt¢d purpoa¢& Further explanation of tk nature and purpx of eh fund is t10 in the n(IW to the financi815tlltanent& Debtors lbr$ are reco8ni5ed at the settlement amount du¢ after any discount Offe Ch 4t bk Ind In hwl C&sh * l)ank include5 L&sh and Short tLYm highly liquTrd investments with a shorl malurity of thTee month8 or I3 from the da of wuisition (wiin8 of the dqlI or similar Credltora Crediiors and provisions are recognised where the ¢h2Tity has a wesent obligation resultin8 from a p&8t evcnt will protrAbly resuli in the transfer of to a third pty and the amount due ¢0 settle the obligalion can IK mewred or es(Imai reliably. Creditors and provision are nomially rwi5al at their selllanent am(Mmt after allowin8 f¢x any discounts du¢. Page 7 fAmtinued..
R10 iA)Illpop IDterntlonal tjmlt Notes ts• th¢ Flnantll Ststements- CODthiued For The Ye#r Ended 31 Deeember 20LI CHARITABLE AcfiviTIES COSTS 31.12.23 31.1222 Tnty's Stind Administr4tion c051S TnJALYS' travel co#s Conference costs Imher costs In{kdent examination fee 30.(MX) 17,iNX) 12,129 217 IIY>7 2243 518 17.(XK) 98 492 1.723 225 51,339 64,174 TRusfEES' REMUNERATION AND BENEFITS As 88reoa by the Bogrd of Tn, and in accordance with the Memorandum and Articlcs of A&wciation of the Charithble company. gross fees of £30.(KKi 12022: £30.1) were payable to H J Finn OBE for hts swyi lating the complex requirements of the Chority's affairs and for help and guidonc¢ with the cxp4nsion of thc Radio LollirKw organisalion a5 a whola The Chwtty paid £1.801 costs for l Trustee in the year for trnvel, subsi5nL% and LlmOd0Th exnSeS for atndin8 meetings and conferences (2022: 1 TNslee. £12.129). COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unra¥trith nd INCOME AND ENTh)WMENTS FROM I)nln8 and legaci&s 59 Group charlty eoDtrlbuthini Cl¥Mritsble 59.140 To¢al 59,199 EXPENDITURE ON Charltsble aetlvftlej CThar1tslc 64,174 NET INCOMEJ{EXPENDITURE) {4,975) RECONCILIATION OF FUNDS Tolal lunds broughi fonyard 28,940 TOTAL FUNDS CARIUED FORWARD 23,965 Page 8 )niinued..
RAdlo iK•lllpop IntentIonal Limited Nots4 to tht Stst¢mefjts- eonthiued For The YtAr Ebded 31 December 2023 DEBTOKS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.23 31.12.22 Amounts due from'8roup' charities (Iher debtors 24,131 12,967 24,131 CREDITORS: AMOUIYTS FALLING DUE WITHIN ONE YEAR 31.12.23 31.12.22 (knr creditors Accrued expenses 8,? 22,195 31.860 31,8(rf1 31.162 MOVEMENT IN FUNDS Net movement in fimd5 At 31.12.23 At 1.123 Uttrestrl¢t¢d fuDdJ GeneTrl fund 23.965 9.833 33,798 TOTAL FUNDS 23.965 9.833 33,798 N¢t movcmffli in funds Includ in the ave are &s follows: IM)min8 R¢sourtts Movanent rurLs expended 5nfiu Uttmtrlrted funds General fund 61.172 {51.339) 9,833 TrAL FUNDS 61,172 (51,339) 9.833 Co•prthies for movemooi In fvDdy Net movement in funds At 31.1222 At 1.1.22 fvnds Cjcneral fund 2&940 (4,975) 23,965 TOTAL FUNDS 28,940 (4,975) 23.965 Page 9 continlL..
Rldlo iAMpop Intrrnstioual Umlted Notes to the Fln*aelAI StAI¢Ya¢Dts- coththiued For The YeAr Ended 31 December 2023 MOVEMENT IN FUNDS- Comparaiive net movemen¢ in fimds included in the alx)v¢ are &s follows: In¢iMnin8 ResourLrs Movement eX)ded in funds Unrestrltted fvnds GeneThd fund 59.199 (64.174) (4.975) TOTAL FUNDS 59,199 {64,174) {4,975) RELATED PARTY DISCIA)SURES The ciHnpany invoiced contributions loling £30,(KK) tsnvards its 2023 b18¢1 (2022: £35,{) from the four charities spre&l around the world - Radio tA)Ilip)p (UK) l.td R10 IA)Ilirwp (USA) Inc. Radio Lollipip (New /Mland) Ltd and R10 Lollipop (Australia) Ltd. lkne ¢ompony also recoveral ext8¢5 fmm tIM)se charli1 or £31.112 (2022: £24.140). The company rAid £17.(XKI kn Radio IA)IlikX)p (UK) Ltd &8 a contr1ttiOn to thal c4)mpAny's costs incurred for thi5 company. Page 10