REGISTERED CHARITY NUMBER: 1062151
Report of the Trustees and
Financial Statements for the Year Ended 31 December 2022
for
CHILDREN WITH SPECIAL NEEDS FOUNDATION
CHILDREN WITH SPECIAL NEEDS FOUNDATION
Contents of the Financial Statements for the Year Ended 31 December 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 9 |
| Detailed Statement of Financial Activities | 10 |
CHILDREN WITH SPECIAL NEEDS FOUNDATION
Report of the Trustees
for the Year Ended 31 December 2022
The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The main objectives of the charity are to provide such general charitable purposes in aid of children with special needs residing in Surrey Heath, and immediately surrounding areas.
The charity fulfils its responsibilities foremost by considering and approving claimants during regular trustee meetings.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The charity is independently maintained by donations and funding solely within it's constitution. The assets of the charity are derived from these donations.
Fundraising activities
During the year the Charity has held a number of Fundraising activities including the annual events such as the Summer Ball, Christmas Ball and Charity Golf Day.
FINANCIAL REVIEW
Reserves policy
The Trustees hold reserves to ensure that the charity can continue in future years if income falls and expenditure were to exceed income. The reserves at the end of the year to 31 December 2022 comprised a total of £303,044 (2021:£295,883).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust.
Organisational structure
The organisation of the charity consists of a panel of locally resident trustees who act on behalf of the charity. No trustees are remunerated for their trustee services to the charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1062151
Principal address
1 & 2 Studley Court Mews, Studley Court, Guildford Road, Chobham Surrey GU24 8EB
Trustees
Mr T Broderick Mr G J Parris Mr C P Ivil Mr G A Price
Page 1
CHILDREN WITH SPECIAL NEEDS FOUNDATION
Report of the Trustees
for the Year Ended 31 December 2022
Approved by order of the board of trustees on 31 October 2023 and signed on its behalf by:
Mr T Broderick - Trustee
Page 2
Independent Examiner's Report to the Trustees of Children With Special Needs Foundation
Independent examiner's report to the trustees of Children With Special Needs Foundation
I report to the charity trustees on my examination of the accounts of Children With Special Needs Foundation (the Trust) for the year ended 31 December 2022.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
THB LLP
Date: .............................................
Page 3
CHILDREN WITH SPECIAL NEEDS FOUNDATION
Statement of Financial Activities for the Year Ended 31 December 2022
| 31/12/22 | 31/12/21 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies | 2 | 186,280 | 166,700 |
| Charitable activities | 4 | ||
| Golf events | 18,175 | 10,745 | |
| Christmas & Summer ball | 32,280 | 14,674 | |
| Auctions & Raffles | 13,264 | 11,753 | |
| Mobile home income | 7,240 | 5,680 | |
| Investment income | 3 | 120 | 84 |
| Total | 257,359 | 209,636 | |
| EXPENDITURE ON | |||
| Raising funds | 5 | 50,889 | 39,387 |
| Charitable activities | 6 | ||
| Golf events | 9,514 | 5,383 | |
| Donations made | 130,350 | 75,507 | |
| Christmas & Summer ball | 29,541 | 7,061 | |
| Christmas Pantomime | 24,076 | 27,542 | |
| Auctions & Raffles | 5,828 | 2,848 | |
| Total | 250,198 | 157,728 | |
| NET INCOME | 7,161 | 51,908 | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 295,883 | 243,975 | |
| TOTAL FUNDS CARRIED FORWARD | 303,044 | 295,883 |
The notes form part of these financial statements
Page 4
CHILDREN WITH SPECIAL NEEDS FOUNDATION
Balance Sheet
31 December 2022
| 31/12/22 Unrestricted fund Notes £ FIXED ASSETS Tangible assets 8 13,334 CURRENT ASSETS Cash at bank 289,710 NET CURRENT ASSETS 289,710 TOTAL ASSETS LESS CURRENT LIABILITIES 303,044 NET ASSETS 303,044 FUNDS 9 Unrestricted funds 303,044 TOTAL FUNDS 303,044 |
31/12/21 Total funds £ 17,778 278,105 |
|---|---|
| 278,105 | |
| 295,883 | |
| 295,883 | |
| 295,883 | |
| 295,883 |
The financial statements were approved by the Board of Trustees and authorised for issue on 31 October 2023 and were signed on its behalf by:
Mr T Broderick - Trustee
The notes form part of these financial statements
Page 5
CHILDREN WITH SPECIAL NEEDS FOUNDATION
Notes to the Financial Statements
for the Year Ended 31 December 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. DONATIONS AND LEGACIES
| Donations 3. INVESTMENT INCOME Deposit account interest |
31/12/22 £ 186,280 31/12/22 £ 120 |
31/12/21 £ 166,700 |
|---|---|---|
| 31/12/21 £ 84 |
Page 6
continued...
CHILDREN WITH SPECIAL NEEDS FOUNDATION
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
4. INCOME FROM CHARITABLE ACTIVITIES
| 31/12/22 | 31/12/21 | ||
|---|---|---|---|
| Activity | £ | £ | |
| Golf event income | Golf events | 18,175 | 10,745 |
| Ball income | Christmas & Summer ball | 32,280 | 14,674 |
| Auctions | Auctions & Raffles | 13,264 | 11,753 |
| Mobile home income | Mobile home income | 7,240 | 5,680 |
| 70,959 | 42,852 | ||
| RAISING FUNDS | |||
| Raising donations and legacies | |||
| 31/12/22 | 31/12/21 | ||
| £ | £ | ||
| Promotional expenses | 15,002 | 9,783 | |
| Printing, postage & stationary | 3,163 | 1,663 | |
| Caravan expenses | 24,861 | 19,333 | |
| Bank charges | 466 | 430 | |
| Sundry expenses | 2,952 | 2,252 | |
| Depreciation | 4,445 | 5,926 | |
| 50,889 | 39,387 |
5. RAISING FUNDS
6. CHARITABLE ACTIVITIES COSTS
| Direct costs | Direct costs | Direct costs |
|---|---|---|
| 31.12.22 31.12.21 |
||
| £ | £ | |
| Golf events | 9,514 | 5,383 |
| Donation made | 130,350 | 75,507 |
| Christmas & Summer ball | 29,541 | 7,061 |
| Christmas Pantomime | 24,076 | 27,542 |
| Auctions & Raffle | 5,828 | 2,848 |
| TOTAL | 199,309 | 118,341 |
7. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
continued...
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CHILDREN WITH SPECIAL NEEDS FOUNDATION
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
8. TANGIBLE FIXED ASSETS
| COST At 1 January 2022 and 31 December 2022 DEPRECIATION At 1 January 2022 Charge for year At 31 December 2022 NET BOOK VALUE At 31 December 2022 At 31 December 2021 9. MOVEMENT IN FUNDS Unrestricted funds General fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund TOTAL FUNDS |
At 1.1.22 £ 295,883 295,883 Incoming resources £ 257,359 257,359 At 1.1.21 £ 243,975 243,975 |
Plant and machinery £ 75,022 57,244 4,444 61,688 13,334 17,778 Net movement At in funds 31.12.22 £ £ 7,161 303,044 7,161 303,044 Resources Movement expended in funds £ £ (250,198) 7,161 (250,198) 7,161 Net movement At in funds 31.12.21 £ £ 51,908 295,883 51,908 295,883 |
|---|---|---|
continued...
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CHILDREN WITH SPECIAL NEEDS FOUNDATION
Notes to the Financial Statements - continued for the Year Ended 31 December 2022
9. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 209,636 209,636 |
Resources Movement expended in funds £ £ (157,728) 51,908 (157,728) 51,908 |
|---|---|---|
10. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2022.
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CHILDREN WITH SPECIAL NEEDS FOUNDATION
Detailed Statement of Financial Activities for the Year Ended 31 December 2022
| Detailed Statement of Financial Activities for the Year Ended 31 December 2022 |
||
|---|---|---|
| 31/12/22 | 31/12/21 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 186,280 | 166,700 |
| Investment income | ||
| Deposit account interest | 120 | 84 |
| Charitable activities | ||
| Golf event income | 18,175 | 10,745 |
| Ball income | 32,280 | 14,674 |
| Auctions | 13,264 | 11,753 |
| Mobile home income | 7,240 | 5,680 |
| 70,959 | 42,852 | |
| Total incoming resources | 257,359 | 209,636 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Promotional expenses | 15,002 | 9,783 |
| Printing, postage & stationary | 3,163 | 1,663 |
| Caravan expenses | 24,861 | 19,333 |
| Bank charges | 466 | 430 |
| Sundry expenses | 2,952 | 2,252 |
| Depreciation | 4,445 | 5,926 |
| 50,889 | 39,387 | |
| Charitable activities | ||
| Donations made | 130,350 | 75,507 |
| Auction & raffle prizes | 5,828 | 2,848 |
| Christmas Pantomime | 24,076 | 27,542 |
| Ball Costs | 29,541 | 7,061 |
| Golf | 9,514 | 5,383 |
| 199,309 | 118,341 | |
| Total resources expended | 250,198 | 157,728 |
| Net income | 7,161 | 51,908 |
This page does not form part of the statutory financial statements
Page 10