REGISTERED COMPANY NUMBER.. 02875761 (Enzl*Dd and W*ks) 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 IDder*ndent Examl•¢rfi Report Slat¢meAt of Fln*nd•l Attfvltles Baknoee Shee¢ Notes lo the Flnanclal Stst¢ments 7 to 10 Detslled Ststemeot of FlnAncl*l Aedvltle8 RAdk) lA￿lIpOp 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 re￿rt with the financial staiements of the charity f￿ the year endal 31 2022. The trtsS￿ have the provisions of Alyo￿ting and Rep)rtin8 by Charities: Sw¢ment of Re¢lllpop Intern#tlon*l iAmitrd R¢port ofthe Truste For Tre Year Ended 31 Dettmber 1023 OwE￿IVEs AND AcfiviTIES Signlfi¢•nt *rtivlt6es- ¢ontlnued This work compliments the ongoing WO￿ of the R￿10 LA)Iliw 2025 proj¢4 whthr a number of WLKk&ws have made reLX)mm¢nd￿ionS alx)ul the future role of Radio Lollip4). ThrOu￿oUt 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 s￿1250 for charity and in New York we were delighied to ffceive a (knWion from Stcphen Collrt ho￿ of the IA1¢ Show. who gave $15,IXKI lo 5UPtM)rt our work & the New York Presbytrrian Children's Hospital. In New Zealarnl a Chorithble Trysu Southern SI￿ d￿￿￿ed W,(KM) Io SUPFQrt our activities atKI operntions. These fundraisin8 ￿livi11¢S have helped us to conlinue ts) deliver play packs and gifts to chilthm in ho4)ital via our voluntrets deliv¢ring our play Seryt￿ on the w8rds ￿ supw)rt hospitalised thildren, D¢v*knpmeJts In 2024 we will coniinue our work Iwking ￿ the future Strateglc Direction of the Charlty. The Intemational Boar through the lethrship *am for Radio Lolliw 2025, have develo1￿d the BICI SURVTr.Y. 8 ￿￿$hol in time, across all countries and S￿lonS 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 p￿￿dUr¢S and sd a new directl(￿ for the charity. Publ1¢ beDellt The charity IKlieves IL8 8¢rVI￿ of helpin8 ¢hildM in hospital reL￿er 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 in￿e￿I¢d to £33,798 (2022: £23.965). Reserves pollcy Th¢ Tru¥¢e¢s con51d¢r thul thcy should hold somc £30,(MKJ in re￿rY¢, 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 li￿1. It is 8ovemed by its Mem(ffRndum WMI Articla8 of Aswiation. Recrnltment #bd appolntmeDt of Dew tnuteei The dir￿10T$ have agreed th￿ board shall comprise one director to repr￿ent each county In whlch the gn)up of charities opKrntes (the 'member countrics'} and one additi(mal direcior to represent the internation81 &sP￿L The￿fOre the iy)ard of dir￿rS 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 R*lh) iA)Illpop IDternatIon￿ Umlt*l Re￿1 ofth¢ Truth For The Ytar Eaded JI December 20LI sTRU￿uRE GOVERNANCE AND MANAGEMENT OryAnkntlonAI structsre The directors hold one to face Ix)dThl meeting C￿h ycar Ls part of an annual conference, which is also attended by di￿or5 of Oth￿r ￿]0 Lolliwp eA)mpani¢& th¢ir volunteers and thher invited pwtiCiP8nLS. In &ldition, quar*rly EKwd Meetin￿ are now held by ZAM ￿115 REFERENCE AND ADMINISTRATIVE DETAIIS Reglsttred CoM￿nY Dumber 02875761 (En8land and Wales) Re*¢tTed Ch*rlty •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 B￿claY$ 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 sI￿￿d 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•mlttt￿s 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 ComF*ny for the Y￿ enthd 31 Decem￿ 2023. Respooslbllltles and basls of reN)rt As the charity's trustees of the c￿panY 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 audi￿1 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 Di￿tionS given by the Charity Commi&sion und¥T ￿10￿ 145(5) (b) of the 2011 ACL IndtpeDden¢ examIne￿3 statement I have Lompletoj my examin￿70￿ 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 s￿li0n 386 of the 2(Xkn Aa. or the accounts (k) noi accord with ihose r￿Ords. 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 ind*1 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 otr￿T 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 A￿Els 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 entl￿ed ￿ 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 CoMp￿Y ts) obtsin on audit of its financial ststements for the year ended 31 Decemi￿r 2023 in a¢Ctyd￿￿e 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 p￿Ared in ￿)rd￿ with the Provisions 4wliL¥blc to ¢haritsbk L￿M￿lIeS subjec¢ ts) ￿ smdl compAnies Tegim (b) 181 st8*ments were approved by the Bo&rd of Tn￿1¢¢5 and autknri%d fw I￿UC .. 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 Intern*tiOn￿ Umlted Note8 to the fm•nelal Ststmmts For The Ymr Ended 31 Dtt*mbtr 2023 ACCOUNTING POLICILS Blsb of prep*rlng 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 Pr￿11¢¢ applicable lo charities preparing their ￿CoUnts in xcordance with the Financial R¢wning Swidard applicable in the UK arKI Rer￿blIC 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 FIn￿CIal 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)nstn￿live obligalii>n committing the charity to thal ex￿ndItU￿ it is probable that a traA8fer of economic ber*fits will be requir&1 in settlemeni and the amounl of lh¢ obligation can be mea8wed reliably. Expendittwe is accounied for on an ￿¢n￿lS 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 aX￿lsten1 with the of Taxatkty charlty is exemo from L?)r￿￿ti￿ t&x ffl its charitable ￿tIvitIe& Fund •eeo•nllDi Unre5trirfed fiuth can k u*d in ￿Cl￿dan￿ with the chgritable ObJ￿tIveS at the disadion of the trustees Restrictcd thnds L*n only b¢ usd for Particular restric*d purr*)ses within the obJ￿ts of the charity. Restrictions arl8¢ whm spwltled by th¢ or when funds are r8lsed for partI￿thr r¢JtriGt¢d purpoa¢& Further explanation of tk nature and purpx of e￿h fund is t￿1￿￿0 in the n(IW to the financi815tlltanent& Debtors l￿b￿r$ are reco8ni5ed at the settlement amount du¢ after any discount Offe￿ C￿h 4t b￿k Ind In hwl C&sh * l)ank include5 L&sh and Short tLYm highly liquTrd investments with a shorl malurity of thTee month8 or I￿3 from the da* of wuisition ￿ (wiin8 of the dq￿lI 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.. R￿10 iA)Illpop IDtern*tlonal tjmlt Notes ts• th¢ Flnantl*l Ststements- CODthiued For The Ye#r Ended 31 Deeember 20LI CHARITABLE AcfiviTIES COSTS 31.12.23 31.1222 Tnty's Sti￿nd Administr4tion c051S TnJALYS' travel co#s Conference costs Imher costs In{k￿dent 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, subsi5*nL% and ￿L￿lmOd￿0Th ex￿nSeS for at*ndin8 meetings and conferences (2022: 1 TNslee. £12.129). COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unra¥trith nd INCOME AND ENTh)WMENTS FROM I￿)n￿l￿n8 and legaci&s 59 Group charlty eoDtrlbuthini Cl¥Mritsble 59.140 To¢al 59,199 EXPENDITURE ON Charltsble aetlvftlej CThar1ts￿lc 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 Inten￿tIonal 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 a￿ve are &s follows: IM)min8 R¢sourtts Movanent r￿urL*s expended 5nfiu Uttmtrlrted funds General fund 61.172 {51.339) 9,833 T￿rAL FUNDS 61,172 (51,339) 9.833 Co•pr*thies 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 contin￿lL.. 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 lo￿ling £30,(KK) tsnvards its 2023 b￿18¢1 (2022: £35,{￿) from the four charities spre&l around the world - Radio tA)Ilip)p (UK) l.td R￿10 IA)Ilirwp (USA) Inc. Radio Lollipip (New /Mland) Ltd and R￿10 Lollipop (Australia) Ltd. lkne ¢ompony also recoveral ext￿8¢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 contr1t￿tiOn to thal c4)mpAny's costs incurred for thi5 company. Page 10