REGISTERED CHARITY NUMBER: 1072500 Report of the Trustees and Unaudited Financial Statsments for the Year Ended 31 March 2025 Flrst Touch Azets Audit Services Limited Ashcombe Court Woolsack Way Godalming Surrey GU7 ILQ
Flrst Touch Contents of the financial Statements for the Year Ended 31 March 2025 Page Report of the Trustees Ito4 Independent Examiner's Report Statement of Financial Artivities Balance Sheet Notes to the Financial Statements 8toll Detailed Statement of Financial Activities
Flrst Touch Report of the Trustees forthe Year Ended 31 March 2025 The trustees present their report with the finanaal statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of the Statement of Recommended Practice1SORPI "Accountlng and Reportlng by Charities" IFRS1021 in preparingthe annual report and financial ststements of the charity. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1072500 Prlndpal address Neonatal Unit L3ne5borough Wing St George's Hospital Tooting London SW17 OQT Trustees Achim Herbert Vogt Adam Gary Norgett Benedict Kiran Donald Shaw Clare Joanne O'Grady Dr Silo Francis Kim Caddy Louise Jane Hunter Natalie Ann Daly Nicole Eastwood Paula Abramson Robert Ne5tor Independent examlner Azets Audit Services Ashcombe Court Woolsack Way Godalming Surrey GU7 ILQ srRUCTURE, GOVERNANCE AND MANAGEMENT Structure. Governance and Management The Trust is a registered charity (charity number lo725) and is constituted under a Trust deed dated 8th September 1998. The Trust was established by a parent of a baby treated on the untt, and was originally known as The Friend5 of the Neonatal Unit at St George's Hospital. The name was officially changed in June 2CK)8 to First Touch, which was felt to better represent the impact of the Charity on babies, lives. The current Trustees all have experience of the unit either as parents who have had a baby treated on the unit or a5 clinical staff. New Trustees New Trustees are selected and appointed bytheexistingTrustees. On appointment newTrustees2re given a welcome pack which include5 a brief history of the Charity. a copy of the last three years financial statements. a copy of the Trust Deed and Supplemental Deed, and copies of the Charity Commission's guidance'The Essential Tru5tee= What you need to know and "Charities and Public Benefit" Relevant Interests At this time none of the Tru5tee5 has a relevant interest but. in accordance with the Trust'5 policy, any Trustee wrth relevant interest is required to disclose such interest and withdraw from any decisions where a conflict may 3ri5e. Page I
Flr5t Touch Report of thè Trustees fr•r the Year Ended 31 March 2025 STRucfuRE. GOVERNANCE AND MANAGÉMENT Additional Governance Issues At the Trustee meetings, the Trustees agree the broad strategy and area5 of artivity for the Charity. including large expenditure on equipment, and training and welfrdre budgets. The d3y-t(Aay administration of funds, processing, and marketing is delegated to the Charity Director and Coordinator. Its management is in the hands of a Management Cornmittee, Rlsk Management The Trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. OBJECTIVES AND AcfivmES Objertives and Aims The Charity's objective. as set out in the governing document, is the relief and treatment of premature and sick babies in the neonatal unit at St Georges Hospital by providing and assisting in the provision of specialist equipment. improving the amenities and facilities. and to support and assist the families of such babies who are or have been on the unrt. Significant Activities The main artivities undertaken for public benefft in relation to the stated objects are: - The purchase of medical equipment laugmentingthat acquired bythe NHS Tru5t)' Fundin8 supplementary and specialist training for nurses- and, - Support through the welfare fund forfamilies and babies. The neonatal unit at St George's Hospital is a level three centre of Èxcellence meaning the sickest babies from South- West London and the South-East of England, and occasion311y further afield. are transferred to the unlt for treatment and, therefore, benefit from the funds used by the Charity. There is no means testing relating to provisions from the welfare fund for families, support is available to all. The Trustees confirm that they have complied with the duty in Section 4 of the Charities Art 2011 to have regard to the Charity Commlsslon's general guldance on public benefft. BACKGROUND COVID-19 permanently altered the way in which First Touch works with the neonatal unit. The First Touch staff continue to work remotely in the main bLrt maintaining a regular presence on the Unit. Staff are mindful of the ongoing need to keep the risk of infections low especially in the winter months to protect the vulnerable patients and their families. The First Touch staff offer a visible and accessible resource at the unit, which enables easier communication with clinical staff to understand what is needed. often atquite short noti, and from afund-raising perspective with the main source of donations coming from parents and families on orformally on the unit. Many parents meetthe First Touch staff and see work undertaken and want to help support by raising fund5 or making donation5. The Trustees would like to pay tribute to both First Touch staff and the clinical and administrative staff on the Neonatal unit who are a crucial conduit enabling First Touch to continue to be agile and active supporting the unit as necessary. Page 2
rir5t Touch Report of the Trustees for the Year Ended 31 Marth 2025 ACHIEVEMEKfs AND PERFORMANCE & FINANCIAL REVIEW The Charity received income of £211,50512024: £213.998}. A small decrease over the previous year but Still reflecting the hard work of our staff and generosity of so many of oursupporter5. Many of the families that are served by the Neonatal do not come from affluent backgrounds and they often go out of their way to raise funds in grateful thanks for the treatment their babies have received. The Charitytakes great pride in the fact that most of its income is raised by those who have directly benefited from the work of the unit and the work of First Touch. First Touch is fortunate to have a following of fundraisers and donors who step up to raise funds for equipment and projects a5 they are identified. The Trustee5 note with gratitude that the consistent achieving of targets reflects the hard work and dedication of our stsff, together with families and individuals. Gift aid tax relief and gifts in kind make a huge difference to the overall total. The Charity considers that its long-term main function 15 to fund the purchase of medical equipment to increase the capability of the unit to bring wellbeing to babies in its care. The Charity responds to requests from the NNU for equipment and only if funds are available or rfthe Trustees believe that funds can be raised in a timely fashion does the harity commit to a purchase. The Trustees are keen to emphasise that the level of income is not the only wayto measure success. The staff undertake other roles, includlng ralsing awareness for many of the issues surrounding premature blrth and baby loss, together with welfare activities: making a stay on the unit more pleasant for familie5 and stsff. The feedback that is received from staff and families on the unit about the chariVs role is reviewed regularly by the Tru5tee5 and is overwhelmingly positive. Equlpment Thls year commitment to equipment spending continues, however, some delayed invoices from last financial year together with this year meant that equipment spend in the accounts stands at £260,501. It is important to note that whilst the Trustees frequently agree to purchase equipment mlndful of fundraising campaigns or funds in hand in any financial year the procurement policy at St George's Trust dlctates that equipment must be sourced through them and subsequentty invoiced. As such the Trustees have no control over the tlmlng of the purchases and receipt of invoices. These timings combined wrth the very different nature of demands on the Charitvs funds during the pandemic led to the Trustees agreeing that it was appropriate for welfare spending to exceed the equipment spending in these exceptional times, and the Trustees continue to monitor the balance between equipment and welfare. Welfare One of the guiding tenets of the Charity is to seek to enhance the "amenities and facilities, and to support the families of babies who are or have been on the ward". This fa115 into the Welfare category. Each baby on the unit at Christmas receives a Christmas Stocking and festive edible treats were available on the unit for staff and families. Babies also received a small gift to celebrate Easter. Mother and Fatherfs days. World Prematurity Day and other celebrations all funded by the Charity. The Amazon wish continues to be a popular and convenient way for supporters to arrange these seasonal donations together with day-tcpday supplies such as tea bags, snacks, muslins and general supplies for the staff and families that make such a difference to a very intense and difficult time for families Page 3
first Touth Report of the Trustees for the Year Ended 31 March 2025 Awareness and support First Touch has also funded the training of Peer Supporters, volunteer parents trained by St Georges to be a visible and acce55ible face for families, visiting the nurseries and talking face to face with parents. So far this is proving popular and successful. Staff The staff at First Touch is the catalyst that allows the Charity to channel the generosity of volunteers and supporters to make such a tangible difference to the lrfe and well-being of the babies on the unit. The Trustees recognise this is without doubt the single most important contribution to the work of the charity and wish to place on record their gratitude to all of the staff. This has been a particularly difficult and challen8ing year for Fir5tTouch Staff. in May 2024 Sarah Collins, Charity Director left her role as she moved away from London. Sarah led First Touch brilliantly over 20 years. growing and shaping it to be the success that it is today. The Trustee Board were deeply saddened to see her go and send their very best wishes to her and her family for their home. Additionally. and very sadly Louise Williams, CharSty COordInat0r since 2013 passed away in January 2025 after a Song illne55. Louise made a huge contribution to First Touch. and the benefits that the charity brought to families on the unit. In memory of Louisethe reading corner has been named Louise's Library, booksto entertain siblingsorto read to babies may be borrowed from there and are supplied by Flrst Touch in a number of languages common to the parents on the unit. The Trustees were working to recruit a new Charity Director at the end of the financlal year and meanwhile Sonja has been invaluable continuing to keep the charity working from day to day. sin then. Laura de Rooy (formerly a consultant on the unit and Trustee) has accepted the position and has resigned as Trustee to avoid any conflicts. This will enable the charity to go forward with plans for the coming year to continue to work Innovatively and creativity to contlnue to support the Neonatal unit, together with the stsff and familles there. Reserves Poll¢y The reserves held bythe Charity at 31 March 2025 were £251.064 (2024: £413,658) and are spllt between unrestrlcted reserves totalling £241.06412024.' £406.158) and restricted reserves of £IO.00012024: £7,500). The Charity only purchases equipment for which it has funding, or fundraising is undertaken specifically for a piece of equipment. It has minimal running costs other than staff salaries and running costs. The Trustees aim to maintain resep4es in unrestricted funds at a level which equates to a minimum of six months of unrestrirted charitable expenditure. The Charity has held a55ets in cash, either in current or deposit accounts throughout the year. First Touch does not have any interest in real estate property or possess any marketable securities and thus has no financial market exposure. The Costs associated with the core activities of the Charity are noted in the attached Statement of Financial Artivities. and signed on its behalf by: Approved by order of the board of trustees on.... AI'CLL Nicola Eastwootr-trustee Page 4
Independent Examiner's Report to the Trustees of First Touch I report to the charity trustees on my examination of the financial statement of First Touch (the charity) for the year ended 31 March 2025. Responsibilities and basis of report As the trustees of the charity you are responsible for the pParatIOn of the financial statements in accordance with the requirements of the Charities Act 2011 {'the Actrl. I report in respect of my examination of the chariVs accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llb) of the 2011 Act. Independent examlnerfs statement I have completed my examination. I confirm that no matters have cometo my attention in connettion with the examination giving me cavseto believethat in any material respert= accounting record5 were not kept in respect of the charity as required by section 130 of the 2011 Act,. or the financial statements do not accord with those records. or the financial statements do not comply wtth the applicable requirement5 concerning the form and content of accounts set out in the Charities Ikcounts and Reports) Regulations 2008 otherthan any requirement that the accounts give a 'true and fairVie which 15 not a matterconsidered as part of an independent examination I have no concerns and have come across no other matters In connectlon with the examination to whlch attentlon should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Debra Saunders FCA, Bsc (Honsl Azets Audit Servlces Ashcombe Court Woolsack Way Godalming Surrey GU7 ILQ 20 January 2026 Page 5
Flrst Touth Statement of Financial Activities for the Year Ended 31 March 2025 2025 Total funds 2024 Total funds Unrestricted funds Restrirted funds Notes INCOMING RESOURCES Incoming resources from generated fund5 Voluntary income Activities for generating funds Investment income 47,964 87.723 1,527 64.539 112,503 87,723 1,527 89,407 111,005 1,439 Incoming resources from charitable activities Gifts in kind 9.751 9.751 12,147 Total incoming resources 146.966 64,539 211.505 213,998 RESOURCES EXPENDED Cost5 of generating funds Costs of generating voluntary income Charltable actlvltles Purchase of medical equlpment Support through the welfare fund forfamilies and babies Gifts in kind Support costs 4,959 4,959 6,262 198,462 62.039 260,501 8,263 93,948 9.751 93,948 9,751 4,940 112,291 12,147 4,462 Total resources expended 312,060 62,039 374,099 143,425 NET (EXPENDITURE)/INCOME 1165.094) 2.5(MJ 1162,5941 70,573 RECONCILIATION OF FUNDS Total funds brought forward 406.158 7,500 413,657 343.a85 TOTAL FUNDS CARRIED FORWARD 241,064 10,000 251,064 413,658 The notes form part of these financial statements Page 6
rst Touth Balance Sheet At 31 March 2025 2025 2024 Notes CURRENT ASSETS Debtors Cash at bank 4,543 250,001 3,854 412.684 254.544 416,538 CREDITORS Amounts falling due within one year 13,4801 12.8CKIl NET AssFrs 251.064 413,658 FUNDS Unrestricted funds Restricted fund5 241.064 10.000 406,158 7,500 TOTAL FUND5 251,064 413.658 The financial statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS102). The financial statements were approved by the Board of Trustees on ..... behalf by: . and were signed on its Nicola Eastwood -Trustee The notes form part of these financial statèments Page 7
Flrst Touch Notes to the Financlal Statements for the Year Ended 31 March 2025 ACCQUNTING POUCIES Accountlng convention The financial statements have been prepared in accordante with the charity's governing document, the Charities Act 2011 and"Accounting and Reporting by Charitie5: Statement of Recomrnended Prartice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 (effective l January 2019)". The charity is a Public Benef it Entity as defined by FRS 102. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2¢)08 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practits for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations butwhich has since been withdrawn. Goin8 concern We have paid particular attention to the likely effe on the charity of the current global economic uncertainty and the trustees remain confident that Sufficient funding, and resep4e5, a in place and that the charity has adequate re50urces to enable it to continue a5 a going concern for the foreseeable future. Incoming resources and debtors All incoming resources are included on the Statement of Financial Activitles when the charity Is legally entitled to the income and the amount can be quantified with reasonable accuracy. Debtor5 and prepaid expense5 are included at the monetary value of the transattion. Resources expended and liabilitles Expenditure is accounted for on an accruals basis and has bÈen 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. Llabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. Glfts In kind Gifts in kind are recognised when received and recorded based on the estimated value of a similar good or service available to buy. These amounts are recognised within income and expenditure. Taxatlon The charity is exempt from tax on its charitable activities. Fund accounting Unrestrirted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restritted funds can only be used for particular restricted purposes within the objects of the charity. Restrittion5 arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and pUrSe of each fijnd is included in the notes to the financial statement5. Capital expenditure Expenditure of a capital nature is written off to income and expenditure in the year in which it is incurred. AcfiviTIES FOR GENERATING FUNDS 2025 2024 Fundraising events 87,723 111.005 Page 8
Arst Touch Notes to the Financial Statements- continued for the Year Ended 31 March 2025 INVESTMENT INCOME 2025 2D24 Deposit account interest 1,527 1,439 TRusfEES' REMUNERATION AND BENEFITS There were no trustees. remuneration or other benefrts for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees. expenses There were notrustees, expenses paid fortheyearended 31 March 2025 norforthe yearended 31 March 2024. STAFF Cosrs 2025 2024 57,442 65,661 437 1,269 1,231 Gross wages Employers NIC Employers pensions Other staff costs 1,616 60,660 68,598 No employees (2024: Nlll received employee beneffts for the reporting period of more than £60,000. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Prepayments and accrued income 4,543 3.854 CREDITORS: AMOUNTS FAWNG DUE WITHIN ONE YEAR 2025 2024 Accruals and deferred income 3,480 2,880 ANALYSIS OF NET ASSEf5 BEfwEEN FUNDS 2025 Total funds 2024 Total funds Unrestricted funds Restricted funds 416,538 12,8801 Current assets Current liabilities 244,544 (3,4801 10.000 254.544 (3,4801 241,064 io,c 251,064 413,658 Page 9
Flrst Touch Notes to the finanaal Ststements- Continued for the Year Ended 31 March 202S MOVEMENT IN FUNDS- CURRENTYEAR Net movement in funds At 1.4.24 At 31.3.25 Unrestricted funds General Fund 406,158 1162,5941 243,564 Restricted funds Equipment Fund 7,5()J 2.500 10,000 TOTAL FUNDS 413,658 1162,5941 251,064 Net movement in funds, included in the above are as follows: Incoming resources Resources Movement in expended funds Unrestrirted funds General Fund 146.966 {312,0601 1165,0941 Restrirted funds Equipment Fund 64,539 {62,039J 2,500 TOTAL FUNDS 211,505 {374,0991 1162,5941 MOVEMENT IN FUNDS- PRIOR YEAR Net movement in funds At 1.4.23 At31.3.24 Unrestricted funds General Fund 338,085 68,073 41,158 Restritted funds Equipment Fund 2.500 7.500 TOTAL FUNDS 343,085 70,573 413,658 Page 10
Flrst Touch Notes to the Fwbanclal Statements- Continued for the Year Ended 31 March 2025 MOVEMENT IN FUNDS- PRIOR YEAR (contmiued) Net movement in funds, included in the above are as follows: Incoming resources Resources Movement in expended funds Unrestrlcted funds General Fund 211,280 1143,2071 68,073 Restricted funds Equipment Fund 2.718 1218) 2,500 TOTAL FUNDS 213,998 (143,4251 70,573 io. RELATED PARTY DISCLOSURES There were no transactions with Telated parties for the year ended 31 March 2025 nor for the year ended 31 March 2024. ii. RESTRicfED FUNDS Equlpment Fund Donations received for specific items of medical eqtjipment are allocated to this fund and any purchases made are then matched accordingly. Page 11
Flrst Touch Detailed Statement of Financlal Activitses for the Year Ended 31 March 2025 2025 2024 INCOMING RESOURCES Voluntary Income Donation5 Gift aid 93,881 18.623 70,256 19,151 112,504 89.407 Activities for generating funds Fundraising events 87,723 111.005 Investment income Deposit account interest 1,527 1,439 Incoming resources from charitsble artlvitles Gifts in kind 9,751 12.147 Total incomlng resources 211.505 213,998 RESOURCES EXPENDED Costs of 8eneratin8 voluntary income Fundraising and administration Events 22,368 800 3.478 2,784 23,168 6,262 Charitable actlvlties Medical equipment funding Welfare Staff costs Training p05t fund ing Gifts in kind 260,501 32.156 42,569 1.014 9,751 8,263 43,018 68,598 457 12,147 336,240 132,701 Support costs Independent examiner's fee Other costs 3.480 1.460 2,880 1,582 4,940 4,462 Total resources expended 374,099 143,425 Net income/(expenditure) {162.5941 70,573 Pa8e 12