THE WORLD CHILDREN'S FUND
{A o)mparry limrtwj by guarantee and noi hawng 8 share eaprtall
Financial Statements
For the year ended 31 March 2021
Company Number: 03778493
Charty Numbor.. 1079124

THE WORLD CHILDREN'S FUND
CONTENTS
Pago
Trustees. Report
2to7
Auditors, Report
81011
Statsment of Financial ActNit¢es
12
Balance Sheet
13
Cash Fl¢)w Stslement
14
Notes lo the Accounts
15to22

THE WORLD CHILDREN'S FUND
Trustees, Report
For the year ended 31st March 2021
Company Number.
03778493 {incorForated in England and Wales)
Charlty Numb•r:
1079124
Reglstered ofiice:
Second Floor Office
34 H￿h Streel
Broml•y
Kent
BR1 1EA
Dlr•¢toY¥ and Tru¥t•¢¥:
J. Lam
R. Kendriek
Y. Yakushev
N. Yakushev
S¢¢r•tary:
Broadway Seuetar*s Limited
Prln¢lp41 Bank•r•:
HSBC Bank plc
Bromley Commercsal Centre
184 HpJh Street
8romley. Kent
BR1 1HE
Audltors:
Mts)re ￿n9$ton Smith LLP
Devonshife House
60 Goswell R¢)ad
London
EC1M 7AD
Soli¢itors-
BDB Pitmans LLP
50 Broadway
London
SW1H OBL
Page= 1

THE WORLD CHILDREN'S FUND
Trustees, Report
For the year ended 31st March 2021
The TnJste¢s present their statutory report together Trmth the accounts ol The Worfd Children's Fund fwcF'I
lor the year ende¢ 31st March 2021.
The Infomiatton conlaintd on pa9e 1 of th¢ Annual RgPQrt forms a part C*f the Tru8tee3' Report.
Structur•, Governanca and Managoment
Goveming document
The Vvorfd Chll¢rtn'5 Fund was in¢orpciraled on the 271h May 1999 and 15 governed by the provlsions of its
mgmorandum and artkles of a$￿Clots0n. as amended on 12th May 2017.
Org8nisation81 struclurg
The organisational stnjcture 13 detailèd in the constttutson of the Chanty. The strategic difection of the Charity
1$ th8 re8ponsibility of the bo8r(l of Truste?$. In accordance with the ¢onstytution the board meets at 18asl
once a year. The daY-t￿aY running of the Charity 1$ carried out by tho Chief ex¢¢utive, vh)o 1$ ￿Sponsib
to the board ol trustees.
Conneoted & RglatedP8rtAes
Two of the Trustees of the Charity (Joseph Lam and Ruth KendrO¢k) a5S1Sted in the establishment of othor
Worfd Children's Fund and Medical Mission Intemabonal chanbes throughout the worfd that share slrnilar
vlsions an¢J purposes as The Worfd Children's Fund and they are also on some of Ihose oth?r Cha￿tI
board$. However, Ihg Charity doe$ not consolidatts the￿ lor•ign entiyes in it¥ finanelal statements, aj ihey
are 8eparate legal entites with no one Gontrolling party. Further details of transactions can be found in Nolo
14 to Ime nnancial 8tat6ment$.
WCF US Is the programme departm•nVorganrLation fw all th• WCF d)ants•J that opeiato around th? wcrfd.
When a 9r¥niee requ&st$ as8iStan¢e. WCF US will contact tho¥è affilsato organisations, who's alms colnclde
ith tho p8rticular projèct in question. anyj are requ¢sted lo lund such programme$. Th• programm• Cgv
ordinalors wlthin WCF US make sit• v151ts. along the WCF EU VI￿ Pre5id¢nt. to the programmo$
6UPPOrted. compiling reports and feedlng inftsrmation back to. lor example. WCF UK. It Is up to the boart ol
WCF UK to dglermine on the basis of these reports vthether to continue with on going funding.
Trustees. app￿nIM&nt, induction and Ir8ining
New Trustees are appoint•d by existin9 Truslee8 8hould they be deemed appropriate and helpln9 to fulfil
any shortfall in the skill set of the t)oard upon applicalton. The chanty shall hold an annual general meetrng
each year in addition to any other meeting$ The Trustge9 have leamed their dubes as Trustees through
Informalson obtained from extemal Gonsullants and the Charity Commission. and are responsible for the
induction and training ol new Trustees. Further training. consull¥bon and Infomation i¥ made available to the
Trustees on an on-going basis.

THE WORLD CHILDREN'S FUND
Trustees, Report
For the year ended 31st March 2021
Risk MarJag8ffj&nt
The Trustees have rE￿eWed the major risks to the tslarity 15 eyposed and Confirm Steps have
tyeen taken to rnrtigat8 those risks.
A fundamental rfsk to the charlty Ls the potenllal for continued increases ￿ expenditures on raisin9 lund$
vetsus donallon Ineema racelved ￿1¢h would be the result of non*ffeclrye direct mailing mailshoi r8suII$.
To address thts fundarr*nl2l risk th8 charity is working w*h k)cal marteting 89encie$ to atternpt to expkjro
pO￿ltyle dNersTfKation of rts ojrrent revenue stream as *ll as to look to achleve belter relurTrs on Its
mai15hols. The goal is to drive down the cost of expenditure on r8isin9 lund5 while lookin9 tD boost and
Ma￿M￿e donabon revenues ol its mad5hots al￿ 0th8r revenue streams whkh w)uld rnrtwJait thli
fundamantal risk lo the chaity
Rernun•r•tl￿ Poflty
Th• eharfty does employ oné staff member whose pay is detennlned by tho Board and 1$ based gn the hours
worked 8ntt the pr&vallin9 market rale8 th• ￿Ve1 ol thai is being u￿￿ert￿ken. Potential fijlure
Intr•83es In 8alary are d•dt*d and gNen to r•fi8d kncxea6es kn the ¢•sl of Iwing.
As noted elsewhere In th• accounts. the TThslees oifcgr¥ of ts (*aity roc¢￿ remunerauon Of
eompansalion for their ￿m• and 8ervus 19 the charty.
If thé tharity Ooes *J8ck8e to compen5*e tts Truste￿ ond offlc•rs on thJlurè yo•rs. ihen lh• r8¢omm•ndatth$
of the NCVO •nqulry wll be tak¢n into acojunt.
Publ1¢ B•n•llt
W• hav• referred lo the guidan￿ in the Charity Commi5&0n's general guKlance In Sec*on 17 of the
Charill•s Acl 2011 on Public 8en?tJl when r•vlthng our aims and objectlves antj in pkgnnlng our fthur8
gCtivltle$. In partlcujar, th• Trusiee6 C￿nSider htyv planned actfvh*s WUI ¢￿tribU4• lo Ihe aims and oblgrlfv•8
Ihey h8¥¢ $8t.
COVID-19 Un¢•rtalntb•¥
The lrnpact of COVIO-19 has been ConS￿ered ty the tru$lee$ of th• d)aiity in regard to the charitys futur¢ plans
and budgeting processe5 and the affe¢1 of the oultsreak Isnl a 51gnth¢ant risk Into the 31 Marth 2022 year trnd. 11
1$ expected that any poièntial deu•ases In revenu85 wll be $hort and thg ¢*ariVs resorves 8S8et values
wll enable lh8 Charity to continue nornal eperatrons through fi$￿ year end 31 Mareh 2022 8nd ye8r8 bwnd
Obl•ctIv￿ •nd a¢tlvltlo8
The objects ofWCF, In I￿h1 of Ihe PU￿￿ Benefft guK18llCg. conb.nue to ￿.
lo relieve the dlstress, h¥ffjship and 8ullemg and to advance the ethjcabon of chiltsren art￿ere wt the
wortd..
to ￿lieve sufferlng and di8tress oau58d by natural or manthmade disgslers- a￿1
to advan¢e the educatK>n of children anwhéro in ¢he worfd.
To meet these objects. the chadty has ￿ prkftary aims obi8the$. whi(h rgmainod constant ovar
the years of Opernu¢￿..
To &1entrfy Childr￿ and lamil¢es n8ed through¢￿ Iw fortunate 8reo3 of the worfd, aTrJ provKI8 help to
rolle￿ Ihos? Ident￿ed neeils.
To raise funds as eost effectvety as possible.
Page.. 3

THE WORLD CHILDREN'S FUND
Trustees, Report
For the year ended 31st March 2021
In prgcbcal teftns th• Ch8ty8 prin¢ip81 C1wilab￿ th￿".
To prD¥ide w￿rgencY aks in th• fonn of food and foc•J woducts, dolhing. rned￿l supplE5. educational
materials and aSSWkaied goods ID thikjren in di%a5ter aieas throughwl th8 ￿r1d. Having c4refiJny
considered thè obpcts of th8 charty and thè assets avail*￿ to the Charity. the Tw51ees ￿n￿d￿r Ihat th
pro¥￿e8 tho ffloèl effeth• rwns ol achE¥ing lh& Chari¢)'$ io prov￿ tal8fi1 to the Wbbc.
To pro¥￿e finanoal as$islane• in tho form of gran¥ for e4ptal projects aThJ mofjlhly op•ration*
support frK orph8nagè$. schooLq. dinu, r•ts)èè ramps and o(ner (*￿￿are progtams throughout disa$ter.
war torn. #nd 0th8r fortunat* areas ol the w*J. AU gr8nt$ 4re m•d• by ts Irust•es m accordan
ith the grant making policy adopted by the
In ord•rto Ib￿ than10b￿ prtgrarns. the th41ty wnb"nu* 4mpbys these fvndr8tyiio Strawigs.
Dlr•ct mail fundrai￿￿9. wl*i•tyy Appeal 8r• Ma1￿ lty curr•nt and W¢wtial domrn In to
•ducAto th•rn aboth are•$ of néed vJ8n¢ifKd by the ¢hwty and wlii?t cash ¢Jonafy)r￿.
Menthly g￿109. stharetyy donors •ncourag•J to enryl *i 8 pr¢grom ol reguLgr dir0¢1 ¢J8bil donatsons *
lh• fLx•d ts¢h•du￿ of Ihelr ¢noo61rrfJ. G?￿r411y. monthty giviry ss tho nomi. quartsrty. s•mkannual, and
annual pl8dg•$ •r• 41•0 rnt•w•¢. IW thg ¢¢41 ￿ 9￿￿ra￿1va volurtsry
th¢ long to￿.
Plann•d givlng, whereby wr by•1 donorn •r• wc4ur•g•d to IrK**J¢ thnty In p￿Tr$.
Gffth lfjndpolty
WCF has been Iho r•uwent ol$hJntlkani ¢Wa￿n& ofgoods rel•vanl to Ihe thatys aims 4nd o*'eclNa$ and
ullmate targèt audlon¢*. 7h•se donwI￿n$ hovo b••n dIstr￿le0 a¥'gffts In Iv re￿￿nI groW)￿Ind￿￿￿U
following a r•quo51 fgr hum•nit8rian •h1 Cfrordinab"oTh of 'donation•' •rvJ'gTr75 In knTrJ' is haJvj￿¢ by a v4ri8ty
of•g•ng•J sptQ81i4ad in th￿ area ¢f4istrbutiM wh<t aro brietsd byWCF as to ths d4nWs ain$ •Ad
obl•dY•s and In• ofgood• Ihat arn a¢¢4pthbkn ar*a •pprow•t• and iiniknty. SUrtab￿ typ•s of r•dwni
of Mld'don•tioni'.
Th• T￿¥180$ that fvth¢rs th• thants•• *•cths. in prov*9 aPyo￿at* 10 tr•
n*ds of Ihe rec4phrynt8. to or9•ni8atknWr*lNiJuah Ih•tOVwwv *•uk1 not ha¥e acc￿ to tr*s•
neèdod i18rn8.
Th• TnJ8to•1 r•v*w oach ye•￿* GThl in IGfvY •¢b¥il￿ ind d•¢b3• on •pwow4t• of'dw•tion' In
e¢mpari8on to Shpping o)its. lor IM forth¢omiThJ y•ar.
Gr4nl m&kirypolky
Th• trus￿•$ GWI￿7V• to COr￿n￿?￿ on lh• prO¥hk￿ afwr•rgency by m•klng g¥•nty to ILVWI
ch4rltsOl¢ pfojoos provkllng emergenty r•lielto ass￿1 ¢hiklren Ir¢ ds•st9r 4r•as.
4Dplkaions tsrqrants sho&J to..
Th¢ WothJ ChikJr•n's Fund
1-4 *rthar8 CourL
(Suitè C, firstlloorl
48 Ma80ns Hill
Bromley. Kenl
BR2 gJG
licat￿n$ deo11 ￿th on rKeipL AJI applicats.ons f¢r grants ar8 by Ihe tru51ee5 befur2 any
de¢4gon ￿ rnade. Tre TNste8s may aL80 requ¥E a vArt to fv applKant dec*Jin9 v4h8tiieT or li Qtto make
granL
Page.. 4

THE WORLD CHILDREN'S FUND
Trustees. Report
For the year ended 31st March 2021
A¢hl•vemonts and Perfo￿at)¢O
The Worfd Chldren'$ Fund raised in excess of £4.2effl durry the ￿81 èrvJÈd 31 Marth 2021 1202Q. £3.31kn1.
Thè maionty tsfthose ruoufctsJ￿rV oblainod as a resvtt of oui dwect mail furKI ialsSng &lfots ¥t¥J in
Durwg tha s*•r rnailings #ant lo indWua& who've be¢n wpportirKJ World ch&￿ren'5 Fund for 5e¥eral
yoats a5 Y4911 a5 s•nding tnauirys to Ihose Inafv*uaL8 h•ard of¢y fAinthbulèd ￿ The Wodd
Child￿n.& fund In the pést. Cash donalM)ns for 2021 donrys deuÈas¢d ¢iNnpargd ¢Jonalions from
y•arended 31 March 2020 an¢J Worfd Childr8n'$ Fund dwj r8c¢Ne *ycts m thE •mounl of £160,629
8lld 31 March 2021 Q020.' £61.3281.
Durtw yeai eNJ•d 31 March 2021. generous UnA8d donc45 8nabl•d WCF (VK) io •xp•nd
£3.765,81412020." E2.997.8501 on pro9r•m grnnts *TrJ rolN*fwp*.
The prayr•rn¥ suFpod•d dunng ￿¥•nd 31 M•rr* 2021
A818n Cenbr Foundat￿￿. Th•il¥nd
BESTWA, lTh¢- Uberfa
Chlldrèn of Gtyj Reli•f Insb¢uk.
Great Comrnlslion Vo¥•m•nt olLib•M- Lknri•
ICF Falh•rn Houa•- Ukrainè
K8ma OutroaGh MlnSstriti¥. Coryo
Locol In#￿tiVeS forEdue•ih?n- Y•m•n
N•w Life Ministry- South Sudan
Partnèr& in Harvest- M•1
R•èncenlro- Ploz•mbiq
SL4vlc Inwm#tion•l FuThY. Ukrnin•
Slovic Intomaiitsn#l Min￿1r￿al. In¢- UkAiM
23,778
131.909
8250
228,898
13.840
577.915
123.524
10.650
4,1C6
2.605.176
18.800
Tr4n¥formatton & Re¥1￿*￿￿ Inthbtiw. U9￿dI
Th• Worfd Chr￿18￿.$ Fun¢J 10 think our W•1 ¢4ntr*ulofs **0¥• finarKi*l *wstanc• alltrws us ts h•lp
chiklr•n throughoutlh• ￿rkJ. Wthout t￿[1 iwort norK• olwhot ￿.¥* b•en *bltr lo KcOm￿tsh in Qui short
lkn• of•xisten(* ￿Ul1 b• p￿￿￿k*.
Fundr•i•lng Approach
Th• chariU￿ trustee* am fulty awaro of lTrJw¥Jual rwpwsibllrty1r￿ •¢foWrtth￿￿+￿I¥ro ttslth•
ChartyfundraiB￿ ￿goI￿. 8th￿1￿. and eff•dh*ty.
Tho charity Is 4 paylng m*mb8r of th• Fundiaisin9 RryuLqloi and subsc*t* lo th8 a$5rKiat8d fundralslrKJ
eodes prathicé. ln oddthon tha charty o also r•gk4l•red wih th• Inforrnati)n C0rnrnts8￿al¥ OIfic8 aThY is
fulty¢omplL9ni Wih th• G•n*￿ Dak Regulthn IGDPR).
The cthanty Supp￿5505 ind￿￿U81 supporter reccrds •98¥u¢ Ih MailiThJ PreferwK• Ser¥tc•. T8￿phon0
Prelewnw and tre Fundr#i4ing Prnfertnce Seryte*thKh helps ioensuro thai thè chartydoesn't
*pproach Indti1￿ua4S who have expressty reqwstèd th* %* doni tsjntaci Ih8m. vul)odtJble peop*.
Dunng the fv6c41 year FuryJiBvJing Pr•lémnce Se¥¥K* •lPW•￿i(￿ r•qu•sts ¢Ot•1￿ 15.
The oX&ntydoesn't engage ￿th any prolv55w)nal fi￿￿1$￿10r¢rnwJ81 pth"patcf.
The charty h88 a publishad ts)mlainl prrf•dure. availab￿ on it$￿?b$18. Athough comJaints ha￿ been
received. Ihe chartry 4wll respond lo enquir*$ and eompLiin(s In a l*i)elyfashkin_ As a mern￿r of Iho
Fundralsing Re9ulatoi we are require(t lo Fy0￿￿0 annual rpJwe5 on number of corylaints receNed durin9
the year InoDe in Ihe cuirenl financial ytarl. The enquKies wNed18nd 10 be requests 10 OPt-o¥¢of rjarity
¢¢mMu￿c3l1ms ty ex￿￿n9 Supporters. These wuest¥ 8re *Jmini%tered and haTrdkd stsawjhl away to
rEduce anyperwts.on of unreason2b￿ InInJ￿0￿ or presswe to support tho charity.
Psge.. 5

THE WORLD CHILDREN'S FUND
Trustees, ReFXIrt
For the year ended 31 st March 2021
The chanty c¢nts"nu¢s lo d￿er￿fy its Income geftefab.ng a¢b"V￿e5 so as to ￿duce rellar￿ on any single income
str¢arn. The main rewenue slream for the chanty is ts dired mail ftjnd raising programme ￿UpIed with gifts in
kind. Regular gNing programmes and legacy income are other divpAsffied revenue streams for Ihe ¢harity.
Flnanclal r•vl•w
During the year. incoming r•soure*s increas•d by £962,057. to £4.269.775 due to a tnctrtrase in 1gg•w and
gKts In kind Income Resou￿5 expended Increased by £851,783. to £4.139.815.
The final result was a n81 Increase In fun4Y8 of £132.113. taklng total rosgrves to £978.24812020. £846.1351.
Th• ¢bl¥ctives ihat ￿re set out ¥t 31 March 2020. to i* athieved ¢n 31 March 2021 year end. were partialfy
met. WCF inueased its donor ba59,' however due to the ￿onC￿l¢ ¢oftditions faong all Charities we werg
unable to in(y•as• thè Inry)me recelved from monthty g'ving Ilonors and th• Ineome from such athally
docllnod by £15.129 a8 compared to 31 M8rth 2020. In add￿0￿ the thanty receive £162,782 during the
y¢ar from legacies. As a re$urt of these rtems and the increase In gilts in kj'nd incoffle the charity did inu¥as¥
tl)e arnounl spent on charitable activths as COM￿red to 31 March 2020 and Ihis enabled th8 charty to al
increase Its re￿r￿s.
R•s•rvespolky
The Poard has examined (he requirem•nt for free re$eThes %thid) ar• th058 unrg$tric¢ed lunds not inv•$ted sn
gd a85￿8. de8ignat8d for speaflc purpos¢s or C*therw38 committad. rhe Trustees rew8w Its resÈTves poll
annually an¢ conslder that the tree reseNes held by the ¢*arrty should be broadly 8quivobnt to y¢ar$ of
thè yèarty tsn-goinq annual oxponditures lexdusiv• of GIK). The Truste•s deuded that WCP$ long-lerm targ•1
l•v•l of Ir8e rg¥erves, (lho￿ funds not de$vJn*ed ¢x li•d in fixgd as$•tsl. should b8 approximatèly
£900,000 to £1,000.000 whlch would give the Chanty fl•*bility lo wver temporary b.ming difforèn¢os lor
donation r￿Ipts. adequate workinq caprtal lor ￿re ¢o$ts, and ￿￿lU1d alk)w WCF to respond qu￿klY to
emergencjes b*her• immediate relièf 1$ nee(Jed.
At 31 Marth 2021, thè ft¢o ￿SerVeS of lh• tharty amounted to £978.248. The Board aekrKwAed9e that Ihis
lallo in Iln• with Ihe target fr•8 r•ser¥e mlnlmum.
Inveslmgnlpollcy
The investment strategy is set by the TNslees. In th• light of ts Trustees Oicy on reserv8$ the tru$t••s have
revieMd th*ir invejtrnent polScy and seek to both maximise return on the core deposits, ￿lIst •nsurin9
8uffideni Iiquidlty to ¢n8ble the cnAntys fiJnds to ￿ exFend¢d lor charrtable purposa a$ $wn as p088lble.
Plans forfuturo porlods
The principal soijrce of funding 18 expectecl to remain a$ voluntsry irthme generat•d frcffl dirgct ma41 app•a18
fr* the publlc. The Charity plans to W9orousty eontinue ts fows cffi:
xpandirng rts ¢Jonor base. in order ta irKreose the total amount of <*aritablts programs that can ￿ ftjnded
incr•asing tha numbw of donor¥ who gNe to thè Charity on a fixed $ChedL￿e, in order to fiJrth¢r reduc* th•
tsncouraging d¢nors to consider induding thts Charty in their estate plans.
The Charlty ￿￿11 Continue ns emergerw ah1 shipments and finan¢ial grant PryJgram$.
Page.. 6

THE WORLD CHILDREN'S FUND
Trustees, Report
For the year ended 31st March 2021
Statement of Tru$tee$' r8spon$ibilities
The Trustees (who are also directors of The World Children's Fund for the purpo*s of eompany lawl are
responsible lor preparing the Trustees, Report ancl the financial statements in aecordance w(th applicable law
and Financi31 Reporting Standards IFRS 1021.
Company law reqUI￿S Trustees to prepare financAal statements for each financial year which gNe a true 8nd
fair view of the state of the affairs of the charitable ¢vmpany and of the incomin9 resources and application of
resources, including the income and expenditure. of the charitatye Company for that period. In preparing these
financial stslements. the Irust&s are required to".
sèlect suitsbb accounting policies and then aP￿Y Ihem consislenuy..
observe Ihe methods and principles in the Charities SORP-.
make juag8rTrents and estimates that are ieasonable and prudent".
stale whether applicable accounting standards, including FRS 102, have teen bllowed, subject to any
material departures disclosed and explained in the financial ststements".
state whether a Statement of Recommended Practs'ce ISORPI applies and has been followed, subject lo
any material departures whKh are explained in the financial statements..
prepare the financial $tslements on the 90ing concern basis unless il 1$ inappropriate to posum? that the
charitable cotnpany will continue in business.
The Truslegs are responsible for keeping proper accountlng records Ih8t disclose with reasonable accuracy at
any time the financial posit￿￿ of the Charitab￿ company and enable them lo ensure that the financial
stslemenls comply wrth Ihts Companies Ael 20C6. They are also responsible fof safeguarding the assets of the
ehadtable company and hence for takirKJ reasonable steps for the prevention and detèction of fraud and other
irregularities.
In so lar as the Tru51ees a￿ aware".
Ihore is no relevant audit inlormats.on of which the charitsble company's auditC*f 18 unaw8re-, and
the Trusiees rtave tsken all steps that they ought to have tsken to make themselves aware of any relevant
audit information and lo establish that the audrtor is aware of that infomiallon.
Audltord
Moore Kingston Smith LLP have indicated their wllingness to ¢ontinue In office and are deemed lo be
raappoinled in aeeordanc• with socts.on 487121 of tho Companies Act 200$.
Small Company Exempt5on
These financial statements have been prepared in acts)rdan￿ with the provisions of Part 15 of the Companie5
Act 20C6 rglaling lo small companies and wth the Financial ReportJ"ng 102 leffective 1 January 2015).
11 3071
Approved bytheTrusteeson.....................
. and signed on their behajf by..
Joseph
Trust
Page.. 7

THE WORLD CHILDREN'S FUND
INDEPENDENT AUDITORS, REPORT
TO THE MEMBERS OF THE WORLD CHILDREN'S FUND
Opinion
We have audited the finanaal slalemenls of Medical Mission Inlemational IUKI for the year ended 31 Mar¢h
2021 whleh comprise the Statement of Financial Acb'vilie5, the Balance Sheet. and the Cash Flow Statement
and notes lo the financial slalemenls, including a summary of significani a￿O{lnting policies. The financial
reporting framewtsrk that has been applied in their preparation is applicable law and United Kit)gdom
Accounting Standards. including FRS 102 'The Finan￿al ReportJr¥J Standard Applicabla in the UK an
Rèpublic of Ir81and' (United Kingdom Generally Accepted Accounting PTadicel.
In our oplnSon th¢ flnancial stal•mentS:
9ive a true and fair view of the stsle of the charity's affairs as at 31 Marth 2021, and of its incomin9
resources and application ol resour¢es. Iof the year then ended.
have been propedy prepared In accorda￿ United Kingdom Generally A￿epted Accounting
Practice.. and
have been prepared in accordance %wth the requirements of the Compan￿9 Act 2006.
8*si8 for oplnlon
We conducted our audit in accordance wth Internation￿ Standards on Audib"ng IUKI IISA$lUKII and
applicable law. Our responsibilities under those standard$ are lunher describert in the Au¢Yitor's Responsibilities
for the audit ol the financial statements section of our report. We are independent of the Charitable Company in
accordance wlh the eihical requirements that are relevant to our avdil ol the financial stal?ments in the UK.
including the FRC'¥ Elhi¢al Standard, and we have lulfilkd our other ethical responsibilities In accordance with
these requirements We believe that the audil evidence we have obtained is sulfKienl anij appiopriale lo
Conclu¥ioni for golng concom..
In auditing the financial sialements. we have concluded that the trustees, use of the going concern basis of
accounllng Sn the prepaith'on of the finanual slalgments is appropriate.
8ased on the work we have perfomied. we hav• not identifi•d any material un￿rtaintieS relating to events or
condiliofts that. individually or collectively. may ca$¢ sjgnificant doubl on Ihe charitable company's ability lo
continue as a going concern for a period of al least twelve months from when the financial $tatem&nts are
authorised for issue.
Our reS￿nSIbIlitieS and the responsibilities of Ihe trustees wrth ￿SpeCt to 90ing concern are described sn the
relevant section$ of this report.
Oth•r Inlomiadon
The other Information comprises the information include£1 in the annual report. other than the finanaal
statements and our auditoi's report thèreon. The tru$lees are responsible for the Oiher infomation. Our opinion
on the financial statements doe5 not cover the olher infomation an¢J, excepl to the extent otherwise explicitly
staled In our repgrt. we do not expiess any form of assurance conclusion thereon.
In eonnection wlh our audit of the finan¢ial statements. our responsibi14ty is to read the other infomiation and.
in doing so, consider whether the other information is materially inconsistent with the financial statements or
our knowledge obtained in the audit or otherwise appears lo be materially misstated. If we identify such
material inconsistencies or apparent material mis5tatemenls, we are required to detem)ine whether there is a
matenal mi55tatemenl in the finanrial statements or a material misstatemeni of the other Information. If. based
on the work we have perfornied, we conclude that there Is a material misstafrment ol this other Information,
we are required to ￿pOrt that fact.
We have nothing to wport in this regard.
Page.. 8

THE WORLD CHILDREN'S FUND
INDEPENDENT AUDITORS. REPORT
TO THE MEMBERS OF THE WORLD CHILDREN'S FUND
Opinions on other matters prescribed by the Cornpani8$ Act 2006
In our opinion. based on the th undertaken in the course of the audiL"
the infO￿natIon given in the Twslees, Annual Rewrtls inconsistent in any material ￿SpeCt with the
financial statements," or
the Iruslées. annual report has been prépared in accordance wrth applKable kgal requirements.
Matters on which we ar• roquired to rgport by exceptlon
We have nothing to report in resM of the follcming matters whwe the Charities Act 2011 requims us to
rèport to you if, in our opinKIn'.
the informab'on given in the Trustees, Annual Report 15 irwnsislonl in any material respect with the
financial stalemenls.. or
the charity has not kept ad8qu8tg accountlng record3.' or
tha financial slalemenls S￿ not in agreement with the accounting records and retums- or
we have not ￿CeIved all the Information and exp13nab.ons we requirèd for our audit
the trustees were not enliUe¢J to prepare the financial st*emenis in accordance wth tho small compani¢s
gime and take advantage of the small companies exempbon in preparing the Trustees, Annual Report
and from preparing a Strategic Report
Respon*ibilttle$ of trustMs
As explained more fijlty in the Iru31ees' responsibilities siatement sel CNJI on pago 4 and 5. the twsle8s are
spcinsible for the preparats.on ol the finandal ststernents and lor b¢ing satisfied that they give a tnJ8 and fair
vigw, and for sueh inlemal control as the Irustoes determine is necessary lo enable the preparation of finandal
stslemenls that are free from mstertal Mi￿latOmOnl, whether due lo Iraud or error.
In preparing the financial statements. the tru51ees are resFonsible for assessing tha charity's ability to contsnue
as a going concern, disclosing. as applIca￿e. matters relaied to going concern and using the going concern
Oasis of accountsng unless the Iruslees either intend to I￿U￿ale the ch8nty or to oase operations, or have no
realisb'c allernalive but to do so.
Auditorfs rMponslbllltle8 for the audlt of th• financlal Statements
Our objectsves are lo obtsin reasonable assurance about whether the financial statements as a whole are free
from material misststemenl, whether due lo fraud or error. and lo issue an auditor's report that includes our
opinion. Reasonable assuranc8 Is a high level ol assurance. but is not a guarantee that an audit Conducted In
accordance wlh ISAS IUKI will aknys detect a material mis5tstement when it exists. Misslatemenls can arisè
from fraud or error and are wnsidered material ff. indivk1ualty or in aggregate. they Could reasonably be
expgcted lo influence the economic decisions of Use￿ taken on the basis of these financial slalements.
Irregularities. including fraud, are instan￿S of non<omplian¢e wth law5 and regulations_ We design
procedures in line wrth our fesponsibililies, outtined above, to detect material misslalements in respect of
irregularities, including fraud. The extent to which our procedures are ￿pable of detecting irr99ularrties,
including fraud is detailed b&low.
Page.. 9

THE WORLD CHILDREN'S FUND
INDEPENDENT AUDITORS, REPORT
TO THE MEMBERS OF THE WORLD CHILDREN'S FUND
Explanation as to what extenl the audii was consldered ￿Pable of det•¢ting irrngularlties, including
fraud
The objectives of our audrt In respect of fraud, are. lo identify and assess the risks of material misstatement of
the financial slalemenls due lo fraud.. lo obtsin Suff￿leftt appropriate audit eviden￿ regarding the assessed
risks of material misstatèment ¢Jue to fraud, through designing and implementing appropriate responses to
those 8ssessed risks., and to respond approprietely to instances ol traud or suspected fraud identified during
the auort. However. the primary ￿SponSibl11ty for the prevention and detection of fraud rest3 Wrth both
m¥nagemenl and thos& charged with govemanee of the chant2ble company.
Our approach was as follows:
We obtained an understanding of the kgal and ￿gUlatOry requirements applicable to the charitsble
company and considered that the rnosl si9nificanl are the Companies AGI 2006, the Charities Act 2D11,
the Charity SORP, and UK financial reporb'ng standards as issued by the Financial Repori"ng Council.
We obtsined an understsnding of how the charitsble company complies wth these requirernents by
discussions with managemgnl and those charged wrth goveman¢e
We ass•ssed the risk of malefTal misslalernent of the financial statements, including the rlsk of material
misstalemenl due 10 fraud and how it might oceur. by holdin9 discussions wlh management and those
Gharged with govern8nc8.
We inquired of management and those ¢h8rged with governanc• a5 to any known instances Gf non-
complianco or suspected non-compliance wth kws and r8gull4Uons.
Based on this understanding. we designed specific 8ppropriale audit procedures to Klents'fy inslances of
non•complianee with laws and regulations. This included making enquiiies ol managemènt and those
charged wlh govemance and obtaining addits.onal corroborabve eviden￿ as required.
Page.'10

THE WORLD CHILDREN'S FUND
INDEPENDENT AUDITORS. REPORT
TO THE MEMBERS OF THE WORLD CHILDREN'S FUND
As part of an audit in accordaneè with ISAS IUKI we exercise prole8sional judgement and maintain
profe55ional sceptscism throughout thè audit. We also..
Idèntify and assess the risks of material misslatemenl of the finarrial slalements. whether dve to Iraud or
error, design an(J perform audit prLudures responsive lo those risks. and oblgin audrt evidence th31 is
sufficient and appropriate lo provide a basis for our opinion The risk of not dete¢ling a material
misstat8menl resultsn9 from fraud is higher than tor one fe5ulb.ng from error, as fraud may involve
collusion. lorg8ry. inlentsonal omissions, misrepresenlab'ons, or the overTide of internal eonlrol.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that
are appropriate in the circtjmslances. but not for the purposes of expressing an opinion on the
effediveness of the chanty's intemal control.
Evaluate the approprialeness ol accounting polioes used and the reasonaNeness of accounting
eslimates and related disclosures mad8 by the tru$iees.
Conclude On the appropriateness of the trustees, use of the going con¢ern basis of accounling and,
ba$¢d on the audrt evidence obtsined. wheth¢f a malerial uncertalnty exists felatod to events or
conditions that may cast signifi¢8nt doubl on the charity's ability lo continue a$ a going concern. If we
conclude that a material uncertainty exists. we are required to draw attention in our auL1ilor's report lo the
rolaled disclosurè$ in the linanaal statements or, il such disdosures are inadequale. to modify our
opinion. Our condusions are based orb the audit evidence obtained up to th8 dala ol our auditor's report.
However, futurè events Of eondibons may cause the charity lo cease lo conlinue as a going con￿rn.
Evaluate the overall presentation, structura and eonienl of thè financial stalomènls. includin9 the
disclosures. and wheiher the finanual statements represenl the Unde￿yIng transactions and events In a
manner that achieve$ fair presentstion.
We communicate with those charged wth governance regarding. among other matters. the planned scope
and tim5ng ol the audit and si9nificanl audit findings, induding any swnificanl deficigncies in internal control
that we identify during our audit.
U89 of Our Report
This report is made solely to the charitable company's members. as a body. in accordan￿ with Chapter 3 01
Part 16 of the Companies Act 2006. Our audit work has been undertaken so thai wè might state to the
company s members those matters we are required to state lo them in an audiior's report and for no other
purpose. To the fullest extent permitted tly law. we ¢Jo not accepi or assume responsibility lo any party other
than the charitable company and charitablè company's members as a body, for our audit work. for this report,
or for the opinions we have formed.
Dale'11 Auqusl 2021
Devonshire House
60 G05well Road
Londo
EC1M 7AD
Luke Holt Isenior Statutory Auditor)
for ond on behalf of Mooro Kingston Smith LLP. Ststutory Auditor
Page.. 11

THE WORLD CHILDREN'S FUND
Statement of Financial Activities (Incorporats'ng the Summary Income and Expenditure
Account)
For the year ended 31st March 2021
Unrestricted Fund8
Not•
2021
2020
Income
Donations and appo818
Legacies and bequests
Gifts in kind
Investment income
448.796
162.782
3.660,035
315
491,342
61,328
2.755.857
Total Income
4.271.928
3.309.871
Expenditur• on:
Raising funds
Charitable activities
136.435
4,003,380
118.637
3,189,415
Total Exp•ndltur•
4.139,8tS
3,288,052
N•t movemenl on funds
132,113
21,819
Ttski Funds Brought Forward
846,13S
824.316
Total Fund$ Carrt•d Forward
978,248
846, 135
The Statgmenl of Financial Actfvitles inclLxles all gains and losses reccgnised in the year.
All incom8 and expenditure is unrestrth.
All income and expendllure derives from conts"nuing acb"wts"es.
The notes on the accompanying pages fomi an int￿ra1 part of Iheso accounts.
Page.. 12

THE WORLD CHILDREN'S FUND
Balance Sheet as at 31st March 2021
2021
2021
2020
2020
FIX￿ A$8gts
Tangible fixed assets
10,873
14,433
Current Assots
Debtors
Cash at bank and In hand
18,379
969,997
19,811
832, 704
988,376
851,915
Cr•ditors'. Amounts falllng du•
withln one year
10
21,W1
120.213
Not Cunent Assèts
Total Net A$80ts
967,375
978,248
831,702
846.135
Funds
Unreslnct•d funds
978.248
846,135
These financial statements havts been prepared in aecordance with the provi$wJns applicable to compan￿$
6ubject lo the small companies ffjime within Part IS of the Companies Act 20C6.
The notes on the ac<x)mpanylng pages fom an inte9ral part of these a¢¢ounts.
Approved by th$ Board of Trustees. aulhonsed for distributron, on .......
and slgned on thelr behaK by".
Trust
Jos
Company Registratlon No. 03778493
Page.. 13

THE WORLD CHILDREN'S FUND
CASH FLOW STATEMENT
AS AT 31 MARCH 2021
2021
2020
Cash flows from operatlng a¢tivitie9
Nel Income
Adjustments for.
Depreclalion
Ilncreasel Dee￿ase in debtors
Increase (Decrease) In creditors
N•t cash gen*rat•d by operating activities
132,113
21,819
3.560
1.432
788
137,893
2,706
12.632)
4.872
17,021
Cash flows Irom inv•8ting a¢tlvltles
Cost of purchasing fixed assets
Not ca8h from Invegting a¢tiviti•s
Change In e#$h and cash gquivalents in tho yèar
Cash and cash equivalents al b89innin9 of yea
137.893
832,104
17,021
815,083
Ca•h and ¢•¥h equlval•nts at •nd of year
969.997
832,104
Analysls of changos In not dobt
Foreign
exchange
Cashflows movements
At31
March
2021
At 1 April
2020
C88h at bank and in hand
Overdrafts
Total cash and ¢￿sh •quiv¥lents
832.104
137.893
969,9g7
832.1
137.
969,997
Page.. 14

THE WORLD CHILDREN'S FUND
Notes to the Accounts
For the year ended 31st March 2021
A¢¢ounling Poli¢le¥
A summary of the principal accounting policies adopted. judgements and key sources of estimaijon
uncertainty, Is sel out below.
Ba$1$ of Pr•parat6on of th? Financial Statsmgnts
The fin8nCI8151alemenls have been prepared in accordance wth the Finanual Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021. The charitable company is a public benefit entity for
the purposes of FRS 102 an¢J a règistèred charity established as a company lirnited by guarantee and
therefore has also prepared its finaneial statèment5 in accordance wrth the statement of Recommended
Practice applicable lo charities preparing their accounts in accordance wilh the Finanaal Reporting
Standard applicabl• In th* UK and Republic of Ireland lThe FRS 102 Chariii8s SORPI, th8 Companies Act
2006 and Charitse$ Acl 2011.
The financial stalemenls are prepared In stefling, which is Ihè lunctionol cul￿n¢Y of the tharity.
rounded to the nearest pound.
Golng conc•m
The Iruslees have assessed whether the use ol going concern 1$ appropriate and have considered possiblo
events or conditions. induding the latest Covid-19 pan¢Jemic. th8t might cast significant doubl on the ability
of the charitablè Company to continue as a g￿n9 concem. The twstees have made this assessment for a
period ol at least one year from the date of the approval of Ihese finanaal statement$. In parbcvlar, the
Iruslees have wnsidered the chanlable company'$ forecasls and projections and have taken account of
pressures on donats'ons. The incidence ol COVID has not had a signifi￿nI effgct on the level of donalion
Income and the charit8ble company h8s been able to carry ¢)n Its activitiès as normal Any further
fluclualions in donation Income are expected to tse short-lived. The charitable company has significant
unr95triclgd reserves whKh will enable il to continuè rts activilies in the event ol a temporary de¢rease In
donations. After making enquiries. the trustees have concluded that there is a r8850nable expeclalion that
the charitable company has adequale resources and there are no material uncertainties not lo continue In
operational exi51enGe lor the foreseeable lulure. The Charitable company iherelore continues to adopt the
going concern basis In preparing its financial $talem&nls.
Incomlng Resou￿￿•
Voluntary incoming resources received in cash by way of donations are induded in full in the Statement ol
Financial Aciivities a$ swn as they are received. Bank Interest receivable 13 also included on a receipts
Legacies are ￿CogniSed in the statemenl oi financial activities when there is reasonable probability and
reliability of r8¢eipl. and their value can be acGurately measured.
Glfts Sn Klnd
Incoming resources in the forrn of gifts in kind ale In¢luded In the Stalement of Financial ktivilies only when
assets donated to the charity are di5tnbuled. Gifts In kind a¥è donalions of commodities directly usabla in
charitable programmes such a5 food. dothing and medical supplie5. The charity has a monitoring
programtne in place lo ensure that cornmod￿es are appropriately valued al wholesale or less, CL+lturally
appropriate for the designated piogramme. and can be both properly shipped and di¥tribu¢ed free of charge
the intended bonefici8ries.
Glft Aid Repayments
Income from gift aid repaymenl Claims 15 only included for daims which have been submitted for tax periods
ending on or before the year end and w￿n the receipt of t￿S income is more probable than not.
Page. 15

THE WORLD CHILDREN'S FUND
Notes to the Accounts {Continuedl
For the year ended 31 sl March 2021
Resources Expended
Expendilure. which is char9ed on an accruals basis. is althaled between..
expenditure incurred directly in the effort lo raise voluntary eonlribulions (raising lundsl,. and
expenditure inDJrred directty to the lulfilmenl of Ihe charitys objectives ltharitable expenditure).
govem8n¢e c03ts
Charitable activrties comprise5 the expenditure imirred by the ¢hafty in meeting it8 tharitabk objectives
and Is further analysed be¢ween'.
grants payable in the lurtherance of Ihe chariys objeth.ves
costs ol a¢tNil*S in Ivrtheranc6 of thè ¢honty$ obJe¢twes
syppori cos¢s of the charrty
Where items of expenditure involve rn0￿ than one cosl category these costs have been apportioned on
reasonable basis as determined by the InJslee$. One parti¢ular aiea where the cost Is material to the charity
1$ In the production and ¢Ji$tribyiW of direcl mailing8.
Expenditure ha$ been allocated on Ihe basis of vthethtrr th¥ ¢ducal￿)￿al content ol the indwidual mailing 1$
signifi¢antly high enough so as lo be matèri81 When this holds true. Ihe cost ol the mailin9 is allocated on
pro-rala basis comparin9 the educational content Ico$l$ 41 lurtherance of the charitrfs objecl$l lo the lund
raising content Iraising funds). Thfr educat￿￿01 wntenl is delermined by ihe amount of tèxt an4 space on
¥a¢h mailing thal is ￿ed￿ted lo maler￿1 of an educational nature.
Fund raising expendituro i.e. text thai may induce a donalion frorn Ihe recipienl, is allocated upon the ba¥1$ of
thg volume ol Ihe lext and space thgt Is nol rebled lo text ol an educalional natura.
Support ¢osl3 comprists all oth•r ovethe8d cosls for Ihe running ol the ¢harity 0$ an organl8atlon and ihe
co$1$ primarity associated wrth the constRution81 and statulory requirements.
For•ign Currgn¢l••
Transacllons in loreign CUrrenc￿S ar• tran8Lgièd ai ihe txchange rale rulin9 at Ihts date of the transaction.
the average rale being used as an approximation to Ihis rale. Monetary as5et5 and liabilities In foreign
currencies are Iranslaled at the rate$ ol exchange ruling at the bala￿ $hee¢ All exchange differenc9$
are dealt wilh Ihrough the slalement ol financial activilKg3
D•pr•elaiion of T¥nglbl• A88•ts
All assets costing mole than £400 ￿e caprtali$eil.
Tangible frA¥d assèts are stated at cost. le88 deprecaatKJn.
Depre￿atIOn is prowded al rates cakulaled lo writ& off eath asset over it5 e5tinaled remaining life on
51raighl line basis al th& fgltowing annual rates..
Computer equipment
Office equipment and lumiture
Leasehold improvements
over 3 years
over 4 years
ovef 70 years
Page.. 16

THE WORLD CHILDREN'S FUND
Notes to the AGcounts (Continued)
For the year ended 31st March 2021
Fund Accounting
I the funds held by the Charity are unrestn"¢ted fuThJs. being fijnds which Can be used in accordance with
the charitable objects al the diSCret￿n of the Trustees.
Crltleal accounting e$timate8 and areas of judgement
In the view of the trustees In 8pply?ng the accounting policies adopted, no judgements were required that
have a significant effect on the amounts reeognised in the financial statements nttr do any estimales or
assumpt'ons ma(le cary a sign¢ficanl risk of material adiustmenl in the next financial year.
Other financial instruments
l. Cash and ca¥h equlvalents
Cash and cash equivalents include cash al banks and in hand and short temi de￿$rtS with a maturity dale ol
three months or less.
11. Debtorn and cr¥dltors
Deblors and eredilors recelvabK* or payable wthln one year of thg reporting date are ¢arried al their al
iKans¥th'on prico.
Page.. 17

THE WORLD CHILDREN'S FUND
Notes to the AGGounts (Continued)
For the year ended 31st March 2021
2 Net mov?mont In lunds
2021
2020
Movement in funds ststed after charging".
Foreign exchange loss
Depreciation
Operatingloase rentals
Auditors, remLtneralion {nots 5}
gn
3.560
23,740
20,068
1,234
2.706
25,275
18,136
3 Ralslng Funds
2021
2020
Postage
Printing and mailshop
Phone solieitalion fees
Database maintenance
Production fees
Allocale4J support costs {note 5)
17,515
62,054
357
41.068
4,979
10.462
11,782
42,760
5,867
42.937
5,365
9,926
136.435
118,637
4 CharStablo A¢tlvltie•
2021
2020
Grants Programm•
Gifts in kind
Grants paid lo institutions
3.660.035
105.779
2,755.857
241,993
3.765,814
2,997,850
Please refer to the Trustses. Report for details of significant grants paid.
Costs of a¢livltles In furth?ranc• of the charlty's objectives
2021
2020
Education and development
Support costs of education and developrnent {noie 51
164,698
72,868
101.683
69,882
237,566
171,565
Total Charitable activiti
4,003.380
3,169,415
Page." 18

THE WORLD CHILDREN'S FUND
Notes to the Accounts (Continued)
For the year ended 31st March 2021
5 Support costs
Educatlon #nd
Devèlopment
Fundraising
2021
Salaries Iseo note 71
Depreciation
Occupancy Costs
Travel 8nd $SmSlar expenses
Sundry
Govgrn¥n¢e costs..
Legal and profess￿nal fees
Auditors remuneration." For current
year
Audllors remunerallon.. In respect
of prior year
2.&37
356
3.424
18.604
3,204
30,812
180
20.671
3,560
34,236
180
1.902
1,902
2.713
2.713
9,834
9,834
10,234
10.234
Support eost•
Edue•tign and
Development
Fundralsing
2020
Salaries Isee note 71
Depreciation
Occupanw costs
Travel and similar exponsgs
Sundry
Governance Costs.
Legal and professional fees
Auditors remunerabon.. For ¢urrent
year
2.C67
270
3,385
18,604
2,436
30.461
245
20.671
2.706
33,846
245
2,374
2,374
1.830
1.830
9.502
9,502
Auditors remuneration-. In respecl
of pr￿r year
8,634
8.634
9,926
69,882
79,808
Page.. 19

THE WORLD CHILDREN'S FUND
Notes to the Accounts (Continued)
For the year ended 31st March 2021
7 staff Costs
2021
2020
Wages and saLari¥s
Social s￿urity costs
20,671
20.671
20,671
20,671
The key m8nagemenl personnel are the Trustees.
The total remuneration paid lo key management personnel was £nil12020.' £nil).
The average number of employees during th• year was 112020.. 11. No employee earned £60,000 por annum
g￿ater in the year12020". none)
NO Iruslee received remuneratron in the year12020.' none). ￿rwere any trustees r&imbursed for travel
expendilure12020: none)
8 Tanglble Fixod Assets
Offlce
Equlpment
and Furnltur•
Leasehold
Improvomonts
Computer
Equlpment
Total
Cost
As at 1 $1 April 2020
Additions
As al 31st Mar¢h 2021
21.402
14,956
2,567
38.925
21.402
14.956
2,567
38.925
D•pr¢clation
As al 1st April 2020
Charg9 for the year
9,809
2.140
12,116
1,420
2,567
24,492
As at 31gt March 2021
11,949
13,536
2.567
28,052
Net Book Valu•
As al 31st March 2021
9,453
1.420
10,873
As at 31st March 2020
11.593
2,840
14,433
9 Dobtors
2021
2020
other debtors
Prepayments and accrued income
5,326
13,053
9,894
9,917
18,379
19.811
Other debtors are financial instruments measured at present value.
Page.. 20

THE WORLD CHILDREN'S FUND
Notes to the Accounts {Continued}
For th8 year ended 31st March 2021
10 Credltors: Amounts falllng due wlthin one yoar
Trade croditors
Aceruals
Other Cr￿ltorS
other taxes and social secunty
2021
2020
12,209
8,792
8,215
11.998
21,001
20.213
All creditors except for other taxes and scKial sunty are financial instrument8 measured at present
value.
Not
lftcrea$•
for th&
period
8alance ¥t
31 March
2021
Balanco at
1 Aprll 2020
11 Unrnstrlctad Funds
General reserve
846,135
132,113
978,248
12 Op•r•tlng L•a808
At 31 March 2021 the ¢harity had annual commrtments under n¢n￿nCol￿b1e ￿aSeS as follows..
Expiry dale..
Land and Building$
2021
2020
Within 1 year
Be￿een 2 and 5 years
More than 5 years
15,948
54,489
15,948
63.792
6.645
13 Legal Statu6 of th• Char
The Gharity is a company limited by guarantee and. al 3151 March 2021. had 4 mernbers12020'. 4
memb8r5}. In the evenl of winding up. the liability of each member to contribute to the assets of the
charity is limited to £10.
Page'21

THE WORLD CHILDREN'S FUND
Notes to the Accounts {Continued)
For the year ended 31st March 2021
14 Connected Party Transactlons
Two Trnstees of the Charity (Joseph Lam and Ruth Kendri¢kl assisted In the establishment ol other World
Children'$ FurKJ and Medical Mission Intematio￿ chanlies throughout the world that share similar visions
and purposes as The World Children's Fund and they are also on some of those othèr charitiés boards.
H￿&ve¢, the Charity does not consdidate these foreign entrti&$ in rts financial statemènts, as they ar•
separat01￿31 entities with rx) one controlling paty. Neither were there any financ5al dealing8 Wth thas
entities during tho year. apart from those iran$acMis. and year end balances already disd0￿ b8Jow in
o¢¢ord•n¢e with FRS 102.
Of the forgign entit¢es m￿110￿￿￿ abJv•, the folknmng transactions occurred..
2021 Payments
I (R￿91p￿
2021 Balance
2020 801once
c1￿1t0
Medical Mission Intemational IUKI
As stated prev*￿sty in Note 7 of the Finartial Statements. no World Chiklren'8 Fund UK Trustee roc8lVO$
any salvy or componsation Irom the Ch¥rity.
Joseph Lam and Ruth Kendrick are also Trust88s of Mi$$ion Int8rn8lion•l UK and r￿e￿o no
coM￿n$•I10n for those ¥erY￿e•.
Page.. 22