REGISTERED COMPANY NUMBER: 02926446 (England and Walès) REGISTERED CHARITY NUMBER: 1040419 SC042910 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENT8 FOR THE YEAR ENDED 31 AUGUST 2024 FOR CHILD BEREAVEMENT UK (A COMPANY LIMITED BY GUARANTEE) Seymour Taylor Llmited. Ststutory Audltor First Floor North 40 Oxford Road Hlgh Wycombe Bu¢kinghamshlre HP112EE CHILD BEREAVEMENT UK CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Page Chalrnian's Report Report of the Trustees Report of the Independent Audltors 10 to 12 statement of Flnanclal Actlvltles 13 Balance Sheet 14 Cash Flow Statement 15 Notes to the Cash Flow Statement Notes to thè Flnanclal Statements 17 to 31 CHILD BEREAVEMENT UK CHAIR'S REPORT FOR THE YEAR ENDED 31 AUGUST 2024 The financlal year to end of August 2024 was challengirvJ for Chlld Bereavement UK. A comblnatlon of the overall macfo environm8nt, affecting most charilles Sn the sector, coupled with partlcular mlcro factors, resulted in the perfect stom) of a fall In Income and an Intrease In costs. Our Income fell to £3.4m from £3.8m the lo three fundamental reasons. Flrsuy, the fundralslng envlronment has been and conunues to be morè challenglffj than previous years with the costthof-llvlng crisls maklng potentlal dorK)rs thlnk carefulty aboui thelr discrellonary and charitable spendlng. Secondly. there has been a reduction in govemment grants to the charitable sector. Flnally a dOr￿r who had formally commltted £1 m over three years, reneged on their payments after the flrst tranche of £330k. Thls led to a slgnfficant gap In our antKlpated I￿orne for Iha 202314 and 202415 vthlch we are ncw tackllng. At the same time as incorne falling. our cost base rose from £3.9m to £4.4m. The Board of Twstees had agreed to invest in the bereavement seNlces team lo Increase the number of praditlonwts In order lo reduce waitmg lists as w811 as expandlng our geographlc f(#)tprinl withln the UK. Additionalty, high Infiatlon meant all costs increased over the last Iwelve montr￿ and Ihls has been exacerbated post yaar end by the Govemmenvs decision to incraase employer Nl wlth no concesslons to the charltable sector. Our loss this year is £0.8m whlch, even wlth our healthy balance sheec b an unsustalnable deficft should It recur long tenn. The Board of Trustees, wlth regret. authorBed a ¢osi redu¢tk•n programm8 In September 2024 to larget a £0.6m annuallsed cost reducUon. Unforiunatety, we know that thls will result In some raduclion to service provlslon. arxl we are dotry evthything we can to minlmis8 Its Impact. We have been inv8Sting for n￿ry years kn dlvers6fying income streaffts and that process will contlnue. Corporate and challenges Income streams Perf￿ well. and we have Invested thls year In developlng an individual gwing strategy whkh wal dellver a recurrent irthme channel in the long tenn. We will remain fo(xtsed. pwposo Is to help as ffony famllles as posslble. In this year 3,188 Indlviduals recelved orvJolng dir&t supwt, our Helpline resporKled to 8.108 contscts arKI we tralned 12,773 professionals, an increase of 22% on th8 prevlous year. Webslle vlslts Inueased by 5% and our followlng on social media has exceed￿ 72,000. an Increase in the year of 7% ¥￿th our soclal medla posts reachlng more than 6 milllon people, and we have continued to develop highquality fi￿• tralnlThJ and create awar winning digital resources. We are proud to have estsblished a new bereavament seThk8 In Blmilngham to meet previousty unrnet need. The commlthient of our teams Is Insplring yet we have so much more to do. Sadty. in September 2024 ￿ sald farewell to Ann Chalmws MBE rellred after than Iwo decades as our CEO and dld so much to lead and grow the charity in that perknd. We have welcomed Nlcola Gllham as our Head of Charity while we seek a fu1141me replacement for Ann. Nicola served as a trustee for the last fourteen years and has worked ckw wth many of our team Whi￿ ￿adIng the Rlsk and Govemanca Board SU￿0MMittee. In closing, I must thank those I￿uSandS of supporters wh) do so much to help us. and our wonderful voluntaers. I would also tlke to pay tribut8 to the amazlng tsam at Child Bereavemenl UK. all of whom continue to work incredbly hard to ensure we can COthinu8 to provKI8 beraavement support to as fflany lamilies as pctssibl8 and tralnlng to as many professiorhqls as we can. Thank you. Alexand Chalr Fitrgibbons Pagè 2 CHILD BEREAVEMENT UK {REGISTERED NUMBER: 02926446) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024 Royal Patron HRH Tr pr5￿ of Wales The Hon. J Samuel M8E Msc Snr Acc. MBACP Founder Patro Trustees •Ar PJexander Fltrglbbons (Chalr) IAS Loma IrelarKI Ms Therese Mayhthv Ms Deborah A Eaton KC fvlrs Nicola Gllham BA FCA (Vlce Chalr) Mr firn Manasseh Mrs Kristen S Weklon IAr Peter West Ms Shareen JivraFVwanl (R8slgn8d 6 Novembw 2024) (Appointed 24 July 2024) (Appolnted 24 July 2024) Company Secretary Mr Jaft￿ lfjeran Cronln 8Com. FW MCT Chlef Executlve Mfs AM Chalmers MBE LLB ACA (Reslgned 17 September 2024) Head of Charlty Mrs Nk4)la Gilham BA FCA (Appolnted 6 November 2024) Reglstered Offlce Unlt B. Knaves Beech Way Louthwater Hlgh Wycombè Bucklnghamslwe HP10 9QY Bankers Uoyds Prfvale 8anktrg Llmlled Maylatr Branch 21-23 Hlll Street LorKlon W1J&lW Audttor Seynw Taykx uff￿ted First Floor North 40 Oxford Road High Wycombe Bucklrvahaff￿htre HP112EE Regtstered company number 02926446 Reglstered charlty nuffl￿r England and Wales 1040419 Scotland SC042910 Page 2 CHILD BEREAVEMENT UK (REGISTERED NUMBER: 02926446) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024 The Trustees, who are 8180 the dkethrs of Chlld Bweavement UK (the charitabl8 companylthe Charity) for the purposes of company law, have pleasure In prese￿Ing thetr reFrf which Incorporates th8 report of the directors for the purposes ol conyry law. and the accounts for the year erKl8d 31 August 2024. STrUCTUR& GOVERNANCE AND MANAGEMEKr The Charlty Is govemed by Its Memorandum and Articles of Association as a Company. llmlted by guarantee and regtstered In England and Wales. and Is reglsthd as a charity tx)th In England & Wales a￿1 Scouand. New Trustses are recrulted on the bas58 ol thelr skllls. experience and Wential contribulk)n10 tha govemance of the Charlty, and are appolnted lor an agreed length of Ilme. subject to any applicable conslttutlonal or Statuiory provlslons relatlng to electEon arKI re-election. New Ttusiees receive a comprehenslve Inductlon: those attendlng tralnlng dlssemlnate Ihelr leaMS￿ to Oth￿5. and roles. responslbllllles and su1￿COmMIttee membershlp are ftjrrnalty revl8wed al Ihe annual Board strategy and planning day. Board effectlveness and composltlon. as well as tho reappolntmenl of any Trustee after the exptry of thetr term of offlce. Is sub]ect lo revlew In Ilne wlth the prlnclples of the Code of Governance for larg8r charilies. The Truslees recognlse the beneflts of dlverde leadershlp and are commltted to advancing equality of opportunlty across the organlsatlon. Strategk dlrectlon and pollcy are approved by the Board of TnASte8s In consultallon wtth the Chlef Ex8CUtlve; the exe¢ullon ol the strateglc plan Is delegated to the Chlef Ex8Gullve and Senlor Management Team. wlth progress monltored at quarterty Board meellngs and agalnst an annual budgel. All polkles are regularty revlffwed and updated as requlred. Relalnlng the expertlse of key staff vttal lo the success of the Charitls operatlons. Th? Charlty Is commltted to paylng the Ilvlng wag8 and to equal pay, and alms lo ensure that salarles reflect th8 knowledge, skllls, responslbllltles and personal competencbs requlred for the sall8faclory performance of each rol8, and remaln compelluve wllh reference to Sector pay suiv8y8. Pay Is revlewed annualty. and any Increases approved by the Human Resources & Remuneratlon CommSttee. Tr Chief EXO￿tIVe and Senlor Managemant Team are Subject to the same remunerallon potlclos as 811 other employ88S. The Charty Is a membw of the FurKlralslng Regulalor and en8ure8 that all fundralsing acttvlty Is compllanl wlth the Code ol Fundralslng Practlce. DurSrvJ tho year under r8vl8w the Charlty recelved no complalnts In relatlon lo Its fundraEslng practlces (2023: no complalnts). Rlsk pollcy The T￿￿tee$ have Identlfied aThl assessed the major strateglc aNI opwatlonal rfsks Ihat mlght lace the Charlty and Impact on Its ablllty lo fun#ion In pursuil of its charflable objecdves. IrKludlng financlal rfsks relaled to the ongolng Impact of the cost of Ilvlng crlsls and cyber security risks. Whllst the T￿￿te88 are confidenl that the Charlty has adequate control procedures In place to mlugate and manage the major risks to whlch it Is exposed. Its Rlsk & Governance sul>commlttee regularly revi8vrJ the Chaiivs Rlsk Regtster and reports twlce a year to the Board. Publlc ben•fft The Trustees have referred to the 9uhJance conlalned In the Charlty Commlssion's 98ner81 guldance on publlc benefft when revlewlng the obJ8clfves ol the Charlty and in plannlrvJ futwe activlues. Dlvarslty Chlld Bereavement UK Is commltted to fo8t8rlng an Incluslve environm8nL based on falmess. resp8ct for dlfference, the ellmlnatlon of dEscrlmlnatlon and the promtk)n of equal opportunlty In dellverlng Its servlce8 and In rela￿On to those 11 ernploys. The Charlty will work to improve representatlon of currentty under- represented groups at all levels across ts organlsatlon, ensurfng s￿VIceS are accesslble. approprfats and dellvered falrty lo all awdlrvJ to nead, and 8ngaglng and retslnlng diverse talent In Its employee group and Board of Tru8tees. Page 3 CHILD BEREAVEMENT UK (REGISTERED NUMBER: 02926446) REPORT OF THE TRUSTEES FOR THE YEAR ENOED 31 AUGUST 2024 To thls end the Charlty wlll ensure that: ft Implements Ihe equallty, diversity and incluslon prlnclple of the Code of Govemance for larger charltles; 11 takes posltlve actlon to ensure that equality. diverslty and Incluslon Is embedded In Its culture,. all tho86 In contact wlth tha Charity In whatever capaclty (including as a sefvke user, employee or volunleer) are respecled and valued: Its servlces are accesslble to all experlenclng or working wlth chlld b8reavement; It regularly monltors progress and works to enhance represgnlallon In areas whefe It could Improve. In the year under r8vlew, the Charltvs Equlty. Dfverslty and Incluslon group. wfth voluntary partlclpatlon from across Its staff team and support at both S8nlor Managemenl Team and Board level, has contlnued wlth Its 'Lefs lalk about.. ' Inltlatlve wlth the alm of ralslng awareness Increaslng Inclu81on 8cr06S the organlsatlon to help better support colleagues and represent th• familles and organlsallons we work vAlh arKI support. Vlslon and Ml88lon Our vlslon Is lor all famlll88 to have the support they need to rebulld thelr lfves, when a chlld grleve8 or when a chlld dles. Our mlsslon18 lo tsckle the Inequalllles that exlst In the avallablllty, accesslblllty and quallty of bereavemenl 8UPPOrt and tralnlng across the UK and to bulld capa¢lty wlthln communllles to manage the Impact of chlld bereavement. Strat•glc obJ•ctlves The Charlty8 strategy alms to ensur8 that adufts and chlldren acros8 the UK experl8ndng the devastatlon of chlld bereavement are supported to rebuild thelr Ilves. Key to Ihts In the ongolng challenglng financlal cllmate Is malntalnlng Its organlsallonal resilience and sustalnablllty. so Ihat the Charlty can contlnue to svovld8 hlgh quallty support to l)olh grfevlng lamilias arKI the professlonals who care for them, and 8Stabll8h the envlronment wlthln whlch It can contlnu8 to furth8r d8v8lop and grow Its servlc88 In respon88 lo emerglng needs. The Charlvs strateglc plan focuses on two key areas: 1. A￿S to support lor grf8vlng chlldren, young people. parents and carer8 and fam11188, and the prof8881ona18 who care for them. 2. Acc88S to hlgh4allbre bereavement tralnlng. Achlevemant and parforniance Chlld Bereavement UK18 Indebted tolts 8taff and voluntser8 who have enabled the provlslon of hlghquallty 8ervlc88. 1. Supportlng Famlll•s Th8 year u￿18r revtew has seen a su8taln8d increase in demand for the Charltys seNlce8. Th8 Charitycontlnued to offerfree ongolng digital bereavemenl support to IndMdua18. couples. chlldren. young people and famllles vla telephone, vkleo and Inslanl Messenger, as well as malntalnlng the provlslon of face to-face support from a number of locations. The Charity has seen a conslstent demand lor a blended swvice dellvery model with beneficlaries accesslng support remotely and face to face. Mlndful of those who may be affected ty the Increased cost of Ilvlng, the Charlty continues to supporl a 8ursary Fund to asslst famlues wlth travel and other essenllal costs to ￿able Ihem to attend support sesslons. Page 4 CHILD BEREAVEMENT UK (REGISTERED NUMBER: 02926446) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024 The Charltys practttloners Supp￿ed 3,188 Indmduals Includlng chiklren, young people and adults wl recefved ongolng dlrect supwt. In providing our offer of support to Olh8r $8Ctrws wlth the contlnued alm of upskllllng as many professlonals and organEsations as possible to increase the reach of bereavement support to famllles In all reglon5. we made 1,406 calls (c. 400 more calls than the previous year) to schools and olher professlonals Involved wlth bereaved families over th8 year. Th6 Chari￿$ gr￿p support programmes contlnued wlth over 554 attendances across the year. reduciThJ Isolation and provldlng chlklren. young people, parents and lamllles wlth the opportunlty to build new nelworks. This was in addition to the support offered vla the Charltys Helpllne. Llv8 Chat and email supp(Nt sents. Its Helpllne responded to 8.108 contscts from both faffllly members and professionals. Feedback from our Famlty SuNey 2023r2024 was completed by 143 famlllas. and our H8lplln8 SuNey whlch was completed by 113 users. was extremely posilive: 96% were more able to manage th8Sr grfef 91% were more able to manage thelr feellngs 85% were more able to share fe81ings wlth oth•r8 85% had a greater uNlerstanding of grlef 99% would recommend th8 service to other8 94% of users of ¢Mf Helplin8 sald thelr needs wwe mot Durlng the year. the Charfty *Krea￿d Its capadty to wovld8 8UPPOrt for bergaved famllles In Blrmlngham, provldlng both a facewtowface and reIr￿le servI￿t0 Indlvlduals. From nexl year thls servlce wlll b8 SUPPOrted wlth fvndlng from the Nattonal Lottery. The ChariV8 work In Scotland contlnued lo pn)vlde support for famllles from across the county frorn Its central base In GlasgThv and supp￿ed both famllles and professlonals through the Charws ho8plta14)a8ed bereav8ment service. commlssbned by NHS Greater Gla8W)w and Ctyde and generously lunded ty the Glasgcm Chlldren's Hospltal Charlty. Estsbllshlng collaboratlve parlnershlps and brfnglng the volce of bereaved famili88 to Inltlaoves of naljonal slgnlnGanc? and research have conllnued to be key aspects of the Charws work. This has included fadlllatlng a nauonal conference Introduclng a toolklt for wofesslonals In rela￿On to the Child Death Revlew Process wllh 124 wofesslonals atlending, and conllnued worklng wlth NHS Wales as part of a group 8upporUng the development and Implementation of a natlonal bereavement pathway arKI conslstent offer for bereaved chlldren and young people In Wal88. The Charlty has also contlnued to support the work of the Ockenden Matemlty Revlew. The Charlty ￿ntInUed Its representalbon on th8 Advl%>ry Panel of the Chlldhood Ber8av8m8nt Network and malntalned actlve membershlp of sector groups Includlng the Nallonal Bereavement Alllance. Pregnancy & Baby Charities Netrwork, Support ats Sulckle Partnership and a numbw of All Party Parllamentary Groups. 2. Educatlng and Supportlng Prof•sslonal• The Charftys edU￿tIon and SW of wof888K)nals auoss the statutory. voluntary and corporate sector8, through a blended dellvery model combinlrKJ facfrttrtsce and onllne courses. continued to be much In demand wlth 1.014 tralnlng sesslons delNered wovkllng 12,773 wofesslonals wlth vamu8 bereavement support tralnlng In the year under revlew, an SnL¥ease of 22% on the prevlous year. Our work in educatlon conllnued lo w(￿0t8 resilience and wellbelng for bereaved pupils and students We tralned 2,769 educatlon professbnals We facllltated 10 face•tO•face 'Stralegles to support bereaved pupils. workshops Including in Inverness, Newcastle, Liverpool. Blmlngham, London and Edinburgh We ran 8ereaveffk8nt Support Tr81nlng sesslons for staff at 40 schools Ouronlina resources for schoots. created in collaboration wilh London Grfd for Leamlng. receN8d over 100.000 page vlews, with the addition of a new resource thls year to support puplls wlth SENO The Charity continued to offer bereavement tralnlng on a wlde range of t0p￿S across Its programme of Scheduled workslK)P8. weblnars and 'Lunoh arKI L&am' s8sslons. as w811 as dellveTlng bespoke sesslons speclficalty dovlsed io meet the needs of a div8rs8 ratvJe of organlsatlons Includlng Hop8 House Hospke. Page 5 CHILD BEREAVEMENT UK (REGISTERED NUMBER: 02926446) REPORT OF THE TRUSTEE8 FOR TrIE YEAR ENDED 31 AUGUST 2024 Slarlight, Royal Berkshlre Emergerw Departmenl. NHS8T and The Young People's Shop. The Charws training offer also induded bereavement awareness sesslons for puplls In schools. and onllne awareness sesslons for parents and carers of bereaved chlldren and young people were made possible by generous funding whlch also enabled smaller organlsallons slruggllng with the ongolng economlc challenges to access tralning. All tralning is highly evalualed. wlth attendees providlng posltfve feedback and conslstently belween 96-99% of attendees saying thèy would recommend It lo colleagues and awardlng an average mark of 4.6 out of a posslble 5 where 5 Is 'very good,. Through its development work. the Charity has mainlained Its provlslon of support and accessible tralnlng to organtsatlons In Scolland. Thls Induded fadfitating 12 wlonal networks face to face and online. worklng with schools In Glasgow and Lanarkshire following sudden and unexpecled deaths of chlldren. presentlng at the Chlldren In Scotland Conference, and provkllng tralnlng lo Scotland soclal work Fosler Carers teams and NHS Lothian. The Charitys services teams each held 30th Annfvwsary open coffee rTh)mlng sesslons in London, Glasgow. Buckingharnshlre. Leeds. Cheshlre and in Wldnes with attendance from lord mayors, MPS. charity representalives, professlonals. and parlner organlsatlons. The Charllsls support for staff In the education sector remained a key servke prlority and Induded dellverlng educatlon sector speufic 'Lunch and Leam. webinars, and sessions at the Bereavement Summlt held al St Marfs University. The development and delivery of new trainlng Coufses Included tralnlng for new school governors and senior leaders around developirwJ a bereavement aware culture, and the development of a new resource: 'Elephant in Ihé Room.. a toolkit and resource for professlonals to use wlth chlldren and young people to enable dlscusslons aboul death and dying in schools. Thls Is In addttlon to the Increaslng use of our dlgital onllne laamlng programme wh we continue to provide for teachers, an award-wlnnlr¥J resource developed In partnership with London Grid for Leamlng, an open access platform for school Staff. The Charlty also collaborated wlth Scotys Llttle Soldlers - a Charlty worklng specifically wllh mllltary famllles. produclng a Jolnt bereavement pollcy template and polcy guldance avallable for any school to access. 3. Communlcatlon The Charlty contlnued Its focus on en8urlng that bereaved famllles and wofesslonals could access 8UPPOrt and Infomiatlon both vla Its dlrect 8ervlces and through Its dlgltal medla. The most frequentty vlslted webstte pages related to supportlng chlldren and young people, the Charltfs bereavement support seNkes, its tralnlng for professlonals, and volunteerlng opportunltles, wlth toial webslte vlslts Increaslng by 5%. Supportlve content was shared wklely on soclal medla and the Charlty's followlng saw growth of more than 7% to exceed 72,000, withlts social medla posts reachlng more Ihan 6 mllllon people. The Charlty further developed and promoted Its sulte of acce8slble resources for famllles and professlonals. Indudlng the creatlon of a new anlmated film 'What Is grfeTr' sponsored by cO￿p Funeralcare. galnlng Increased awareness ttwugh thelr funeral homes and wklespread reglonal press coverage. Other notsble re8ource8 produced by the Charlty In response to Identlfied need Included: When your chlld dles by homlclde: When an adult chlld dles: Supportlng grlevlng men and boys: and for professlonals: Supportlng bereaved thlld aged under five. In addltlon. the Charlty r8vlewed Its guldance to ensure that equlty. dlverslty and Incluslon were refiected In Its language and temlnology. The Charty also Introduced a functlon to enable Its key web pages lo be automatically translated Inlo Pollsh. Urdu. Panjabl. Romanlan. Mandarfn. Welsh. and Bengall, for those whose flrst language Is not Engllsh. The Charlty continued to champlon the volces ol bereaved chlldren. young people and parentslcarers. supportlng a number of awareness campalgns Includlng Dylng Matters Week; Chlklhood ca￿er Awareness Monih: World Sulclde Preventlon Day; Chlldren's Menlal Heallh Awareness Week; Neurodiversty Week: Baby Loss Awareness Week; Group Strep B Awaffjness Monlh; Chlldren's Grief Awareness Week; and campaigns around bereavement beneffts for cohabltlng wldowed parents and for the transltlon of Dlsablllty Llvlng Allwance followlng the death of a chlld. The Charitys expertlse was called on by the medla for artt¢les on bereavement guidarth lor children indudiNJ Page 6 CHILD BEREAVEMENT UK (REGISTERED NUMBER: 02926446) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024 for The I, and for the BBC'S earty years resource Tlny Happy People, and lo adv188 th8 BBC on a scrlpt for Casualty. The Charitys Communications Team was pleased to have won three awards: the Charltvs anlmatlon °Rememberlng someone special who has died. was awarded Gold in the Peopl8'8 Cholce Awards In Its category at the Charity Film Awards 2024; its animallon The Invlsible Suitcase was Jolnt wlnner In the Mental Health category al the Big Syn International Film Festival 2023; and its Communlcallons Team won Communications Team of tha Year at the Charity Comms Insplring Communlcator Awards 2024. 4. Sustalnablllty Child Bereavement UK is committed to devéloping sustalnable annual Income growth to ensure that exlstlng servlces can be maintained and grown in future years as IrKrea8ed demand for those serylces contlnues, The current economic dimate maans charitable glvlng Is not an optlon for many people due to the rlse In the cost of living aThl a sluggish economic outlook. The Charty faces the same challenges that the enllre sector Is faclng. Thls year Income has reduced from £3.9m to £3.4m due prlmarily to reduced level of grant Income and the cancellation of somé fundraising events. On the expenditure slde a perlod of sustalned hlgh Inflallon has resulted in costs rising from £3.9m to £4.4m. We have transltloned from a posltion where expendllure was matched with incoma to a position where eXp￿KIl1Ure exceeds Income by £1m. Thls has been party mltlgated by a £0.2m increase in investment valuatlon but thls level of loss Is not sustalnable, Therefore, the Charity must reduce cost until income growth can recover. Wlth extreme regret a cost reductlon programme to reduce annual cost by £0.6m was Inlllated In September 2024. We are Confidanl that this wlll brir¥J the Charity closer lo matching income and costs golng foThYard but the current reduction in Govemment grant funding to the charitable sector will act as a headwlnd. Though these are dlfficult economic tlmes. they are more difficull for the familias who need our help. Demand for all of the Charltys services conllnues lo increase and, in wOrki￿j lo Meet this demand, the Charfty Intends to do everythlng necessary to retum to a posltion where we can once again increase Investment In support servlces. One impact of the recent decline in charitable gNlng18 6videnced In a fall In the Charitys grant Income. The grant sector is currently oveThvhelmed wlth 8ppllcations and struggllng lo keep pace, and this has now worsened du810 the r￿u¢ll0n in govemment grants to the charlty seclor. Despite this, the Charity knows that its policy ol invesling in diverse. and where posslble recur￿. Income streams is the best pollcy. and It wlll conllnue to do so and expects that in the near temi thls trend wlll agaln tum posltive. The Charity remains confident in its ability to grow Income in the longer lerm and to Invest In 8eNlce provlsion when It can to meat intteasing demand. Volunteers remain integral to the Chari￿8 work and in the year under revlew the Charlty8 voluntews generousty gave over 7,492 hours of supwt to Its operatlons. asslstlng wllh raislng awareness, b￿8aVeMent support groups, fundraising. govemance arKI admlnlstrative support. Flnanclal revlèw Results During the year under review, the Charity generated total funds of £3.4m (2023: £3.9m). Within thls. Income from Restricted Grants and Donations amoU￿ed 10 £1.Om (2023: £1.1m). Expendlture from Restrlcted Reserves. expended in accthance wllh the respective grantors, lerrns and condltions, amounted to £1.2m (2023: £1.7m). Income on the General Fund reduced to £2.4m (2023: £2.8m). Unencumbered free rewves at Ihe balance sheet date amounted to £2.2m (2023: £2.Sm). Reserves pollcy The Trustees conlinue to place great importance on the lorytemi sustalnabllty of the Charity. Costs conllnue Page 7 CHILD 8EREAVEMENT UK (REGISTERED NUM8ER: 02926446) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024 to be well controlled wlth th8 Charity malntslnlng Its 'gatewaY approach, ensuring new Inltlatlves only commence when short-temi fundlng needs can be mel from withln existlng reserves and Ihere Is reasonable security of continuatlon fundlng to follow. The Trustaes continue to have regard to the Importance of belng able to retain the core of the Charws highly skilled and experienced workfofce. The Charity has set aslde a deslgnated lund lo protect against any major short-temi financlal threat or shortfall in Income stream. whlch Is stOII subject to some unpredlctability. The Deslgnated Fund represents four months of projected annual costs. Inveslment pollcy The Charitys investment pollcy follows Charity Commission guldance and has specffic regard to Ihe level of acceptable fisk, the preservatlon of capital. and long-term capllal grthyth to support suslalnablllty of seNlce delivery. While the investment pollcy has been set ty the 8oard of Trustees. responslblllty for ongolng Investhient Issues has been delegaled to the Investment Subcommlttee. To protect and grow capital ahead of Inflatlon. a medlum-tenn larget of 3% compound annual growth has been set. Investments this year have been negalivety Impacted by economlc uncertalnty and rlslng Intsrest rates. The long-temi fund Is managed by Ruffer and slnce Inceptbn has achleved a compound annual growth rate of 3.8% (2023: 4.3%). The short-term fund Is managed by Rothsthlld Wealth Management and slnce Inceptlon has achleved a compound annual Wh rate of 4.6%. (2023: 4.7%). Plans for tho futu The Charity is commltted lo contlnuing to deliver Its servlces for both families and professionals lo the hlghest standards via a hybrld model of online and lace•t¢>face support and trainlng to er￿Ure equitable access and increased reach across the UK. With the ongoing challenges posed by the economic climate, organlsatlonal agI￿ty and optsmising the Charitys infrastruclure wlll be ¢n￿la1 lo ensuring both efficiency and effectlveness across its op&alions. To thls end the Charity will: conllnue to evofve innovalfve and Impactful ways of providing Indusfve and timely supporl to chlldren, young people, parents and famllles across the UK, and to reduce waitlNJ times; exlend the reach, inlluerKe and accessibility of ts support for famllles through collaborative Initiatives and strateglc parts￿rShIpS. worf( collaborallvety to improve the experlence ol parents, carers and professlonals Invofved In th6 Chlld Death Revlew Process; klenllfy and seek to fill gaps In multkdlsclpllnary bereavement tralnlng provlslon to support professionals In thelr work with grievlng famllles; contlnue to maximisa the polentlal of digital media to ensure users can find and engage wtth thè charity, and optlmlse webslte content so thal famllles and professionals can readlty access the support. Infomiatlon and guidance they need: grow its bank of resources and infomiatbn for famllles and professlonals In response to Idenufied need: seek to engage more diverse audlences and enhance engagement wlth the charity through new fundraislng Inltlatlves and activities; continue to develop and Invest in its volunteer base. STATEMENT OF TRUSTEES. RESPONSIBILITIES Tha trustees (who are also the directors of Chlld Bereavement UK for the purposes of company law) are responsible for preparlf¥J the Annual Report arKI the financlal slatements In accordance wllh appllcable law and Unlted lfjngdom Accountlng Standards (Unlted Klngdom Generally Attepted Accounllng Practlce). Company law requires the trustees to prepare financlal statements for each financlal year whkh gfve a true and fair view of the stats of affalrs of the charitable company and of the Incoming resources and appllcatlon of resources. Including the IrKome and expenditure. of Ihe charitable company for that peri¢xI. In preparing those Page 8 CHILD BEREAVEMENT UK (REGISTERED NUM8ER: 02926446) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2024 financlal ststements. the trustees are required to select suilable accounting policies and than appty them con8iStentty; observe Ihe methods and prlnclples In the Charlty SORP: make Judgements and estlmates Ihat ar6 reasonable and prudenl; prepare the finandal ststements on the going concern basls unl888 it 18 inapproprfate to presume that the charltable company wlll contlnue In buslnes8. The trustees are responslble for keeplng proper accounllng records whlch disclose wlth reasonable accuracy at any tlme the financlal p06ft1on of the charitable company and to enable them to ensure that the flnanclal statements comply wlth Companles Act 2006. They are also responslble for safeguardlng the assets of the charltable company and hence for laking reasonable stops for Ihe provgntlon and del￿tIon of fraud and other Irregularftles. In 80 far as the truste8s are aware: there Is no relevant audlt Inf0M￿tIon of whlch tho charftable companY8 audllor8 are unaware; and the trustees have taken all st8PS that they oughl to have laken lo make themselves aware ol ary relevant audtt Infomation and to estab118h that the audttors aro aware of that Infomwtlon. AUDrroRS The auditor8, S8ymourTaylor Llmlled, wlll be re-appolnt8d In 8ccordan¢ewlth sectlon 487{2) of th8 Compan16S Act 2006. Approved by order of the board of tnJstee8 on 29 Aprfl 2025 and slgned on fts behaff by: tzgfotK)ns - Trn8t88 Page 9 REPORT OFTHE INDEPENDENT AUDITORSTO THETRUSTEES AND MEMBERS OF CHILD BEREAVEMEKf UK Oplnlon We have audlted the flnanclal statements of Child Bereavement UK (the 'charltsble compan￿) for the year ended 31 August 2024 whlch comprise the Statement of Financlal Actlvllles. the Balance Sheet, Ihe Cash Fltrw Slatement and notes to the financial siatements, includlng a summary of slgnlficant accounllng pollcles. The financial reportlng framth¥LYk that has bean applled In thelr preparatlon Is appllcabl8 law and United Kingdom Accounting Standards (Lkntted KlryJdom Generally Accepted Accountlng Practlca). In our opinion the financial ststemerts: give a true and fair vlew of the state of the charftable companys affairs as at 31 August 2024 and of Its incoming resources and app1cau￿ of resources, Includlng Its Income and expenditure, for the year then have lieen woperfy wepared tn acc(xdance wlth Unlled lfjrvdom Generally Accepled AccountlNJ Practlce: and have been prepared in accordance wlth the requlrements ol the Companies Act 2006, the Charities and Trustee Investment {ScollarKI> 2005 arKI Regulatlon 8 of the Charilies Accounts (Scoiiand) Regulations 2006. 8asls for oplnlon We conducted our audft In accordance with Inlemational Standards on Audttlng (UIQ (ISAS (UK)) and appIl￿ble law. Our responslbllities under those standards are lurther described in the Auditors, responslbllltles for the audlt of the flnancial statements sectlon of our reporL We are independenl of the charitable compary in accordance with the ethlcal requwements that are relevant to our audlt of the flnancial statements In the UK. including tha FRC'S Ethlcal Stsndard, and we have fulfilled our other elhlcal responslbllltles In accordance wlth these requirements. We believe that th& audit evidence we have oblalned Is sufficlenl and approprlate to provide a basis for our oplnion. Conclu8lon8 relatlng to golng concern In audltlng the financial staternents, we have concluded that the trustees. use of the golng concern basls ol accountlng In the preparation of the flnarKlal slatements ts appropriate. Based on the work we have perforn￿, we have not Identlfied any material uncertalntles relatlng to events or ndittons tha( indivkluatty or collectively. may cast Signi￿nt doubt on the charitable companys abllty lo ntinue as a going concem for a wlod of at least twelve montts from when the financlal stalements are aulhorlsed for Issue. Our responsibllllles and the respcThibilities of the trustees wilh respeci to going concem are descrlbed In tha relevant secttons of thls reporL Other Informatlon The trustees are responslble for the other Inlmti￿. The other Infomlation comprises the lnfomw￿n included in tha Annual Repor( other than the firAnoal staiemenls and our Report of the Independent Audltors thereon. Our opinion on the fina￿la• statements does not cover the other infomiafjon arKI. except to the extent otheThYlse expliotly stated In ow repc*L wè do Mt express any fom) of assurarKe cortlusion thereon. In connecllon with our audit of the financial stateff*nts. our responslbility Is to read the other informallon and, In doing so, consider whether the other infcmtion is maierially inconsistenl with Ihe financlal statements or our knowledge obtained in the audit orotherwise appears to be materially Misstated. If we identfy such maierlal Inconslstencies or apparent material misstatements. we are required to detemine whether this gives ri88 to a malerlal mlsstatement in the finandal statements themselves. If. based on the work we have perfomied, we conclude that there Is a material ffllsstatement of thls other information, we are requtred lo report that fad. We have nothing to report In tNs regard. Oplnlons on other fflattern prescrlbed by the Companles Act 2006 In our opinion. based on th8 work undertaken In tho course of the audit: the inforfnation gNen In the Strategic Report and the Report of the Trustees for the financial year for whlch the financial statements are prepared Is consistent with th8 financlal slatements; and the Strat8gic Report the Report of the Trustees has been prepared In accordance whh applicable legal requlrements. Page 10 REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES AND MEMBERS OF CHILD BEREAVEMENT UK Mattars on whlch wo aro requlred to roport by exceptlon In the Ilght of the kno￿edge and undefstsndlng of lh8 charitable ￿MpanY and its 8rn1ironm8nt obtainad In the course of the audlt, we have not Identllled materlal mi88taiements In ttk8 Stralegic Report and Report of the Trustees. We have nothlng to report In respect of the followlng matters where th6 Companies Acl 2006 and the Charltl88 Accounts (Scotland) Regu18tlons 2006 (as amended) requires us to report to you if, in our opinion: adequate and proper accountlng records have not been kept or returns adequate for our audit have not been recefved from branches not vlslted by us: or the financlal ststements are not In agreement wlth the accounting records and retums: or certaln dlsclosures of trustees, remuneration speclfied bylaw are nol made; or we have not recelved all the Infomiatlon and explanaUons we require for our audlt. Rosponslbllltlu of trust••s As explalned more fulty In tho Statement of Trustees. Responsibllitles, tho trusleos are responslble l¢x the preparallon of the financlal statements and for belng satlsfied that they give a true and falr vlew, and for such Intemal control as the trustees deterynlne Is necessary lo enable tho preparation of flnanGlal slatements that are free from rnaterfal mlsstatement. whelher due lo fraud or error. In preparlng the financial statements, the truslees are responslble for assesslng the charllabl8 companV8 ablllty to contlnu8 88 a going ¢oncem, discloslng, as applkable, matters related to golng concem and uslng Ihe golng ￿nCern basis ol accounting unl8SS the trustees ellher Inlend lo Ilquldate the charltable company or to cease operatlons. or hav8 no r8allsllc allemafjve but to do 80. Our rospon81bllltl88 for the audlt of the Ilnanclal statements We have been appointed as auditor under $8Ction 44(1)(c) of th8 Charftles and Trustse Inv8Stm8nt (Scotland) Act 2005 and und8r the Compani88 Act 2006 and report In accwdance wllh Ihe Acts and rel8vanl regulatlons mad8 or havlng effect thereunder. Our obl8Ctlv88 are to obtaln reasonable assurance about whether the flnanclal statements a8 a whole are free from materlal mlsstalement, wh8lh8r due to fraud or error. and to Issue a Report of the Independent Audltors that Includes our opinion. Reasonabl8 a88urance Is a hlgh level of assurance, bul 18 not a guarantee Ihal an audlt conducted In accordance with ISAS (UK) wlll always detect a materlal misstalement when It exlsts. Mtsstalements can arls8 from fraud or error and are consldered materlal If. Indlvldually or In the aggregate, they could reasonabty be expected to influence Ihe economlc declslons of users lak8n on the basls of these flnanclal statements. The extent to whlch our procedur88 ara capable of det8Ctlng Irregularlll8s, Including fraud18 detalled below: den d a888s arftles In Identifying and assesslng rlsks of materlal mlsstatemenl In respeGI of irregularllles. Includlng fraud and non- compliance with laws and regulatlons, we consldered tha followlng: the nature of the Industy and Sector, control envlronment and buslness perfomiance; results of our enqulries of management about their own ldenlif￿ali0n and assessment of the risks of Irregularities; any matters we Idenllfied In respect of the CompanYs documenlatlon of Ihelr policles arKI procedures relatlng to: Identlfylng, evaluating and complying wlth laws and regulauons and whether Ihey were aware of any Instances of non