2021-12-31-accounts

CAUDWELL CHILDREN (A COMPANY LIMITED ey GUARANTEE) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 CHARITY REGISTRATION NO. ENGLANO AND WALES 1079770 SCOTLAND SC043874 COMPANY REGISTRATION NO. 3864620 (ENGLAND AND WALES) NINN Mwi *ABD16D7D¢ 2810912022 COMPANIES HOUSÉ A12

124

CAUDWELL CHILDREN IA COMPANY UMITED BY GUARANTEEI LEGAL AND ADMINISTRATIVE INFORMATION Trustees C Bennett K Bamford J Grtffilhs L Morris J Alexander R Mehta P Clark (resigned 7th September 2021) (resigned 18 March 20211 Secretary C Bennett Charity number 1079770 Charity Registered In Scotland SC043874 Company number 3864620 Reglstered office and Charity office Caudwell Internat￿nal Children's Centre Innovation Way Keele Science & Innovation Park Newcaslle-under-Lyme Staffordshife ST5 5NT Audilors Haysmacintyre LLP 10 Queen Street Place London EC4R 1AG Bankers Barclays Bank plc 36 Town Road Hanley Stoke-on-Trent ST1 2PJ SolicltOTS Knight & Sons The Brampton Newcastle-under-Lyme Staffoidshire ST5 OQW

CAUDWELL CHILDREN (A COMPANY LIMITED BY G,UARANTEE CONTENTS Page Tru5tees' Report Independent Auditor's Report 22 Consolidated Statement of Finanual Activities 26 Balance Sheet 26 Cash flow Statement 27 Notes Fonning part of Ihe Financial Statements 28

CAUDWELL CHILDREN IA COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT IINCORPORATTNG STRATEGIC REPORTI l¢ontinuedl FOR THE YEAR ENDED 31 DECEMBER 2021 The Trustees who a￿ the Oirectors for the purposes of the Companies Act 2006, present Iheir report and financial slemenls for Caudwell Children for the year ended 31 December 2021. The Trustees confirm that the annual report and financial stalernents of the Chartycompty with current requirements. 'the requirements of the Charrty-5 governing docurnenl and the provision of the Stslements or recommended Pract￿e"AccOUntsftY and Reporting by Charites" ISORP 2015). STRUCTURE, GOVERNANCE AND MANAGEMENT CONSTITUTION The Charity 15 a charitable company limrted by guarantee a￿1 was set up by a Memorandum of. Association on 25th October 1999. Its Memorandum and Articles of Association were last amended in 2016. Caudwell Children has no $hare ¢apital and is a regislered charty with the Charity Comrnission in England & Wales as well as the Chanty Commi55)n Scouand. C8udwell Children owns 100% of the share capital of CCG D&B Ltd. This wholty owned subsidiary operates as a Design and Build Company and is responsible for the design, build and delwery of the. Charities new Caudwell Inlemalional Children's Centre. whth opened in September 2018. The management of this svbsidiary is carl￿1 out on a voluntary basis thus incurring no salary costs and all profrts earned are donated back to Caudwell Children. METHOD OF APPOINTMENT OR ELECTION OF TRUSTEES Caudwell Children is govemed by a Board of Tfustees which comprises a Chair and Trustees. The Chair is appointed by the Board from the existing Trustees. Trustees are recnjited to ensure a broad mix of skills and backgrounds. The Trustees are responsible for the govemance and support the stfegy vision of Caudwell Children developed by the CEO. team and with the children. young people and family engagement groups. The Board comprises of a mix of parent fepresentstNe5. medKally qUa￿fied Iruslees and those with business, people, and al specfft skills. The Board of Trustees meet tsw'ce a year (other meetings, communications c¢cur as required) with the Chief Executive Officer who revEws the progres5, pr￿r￿leS strateg￿ direction. charity governance. performance, charity codes of conduct. risk, lo ensure compliance. for example. Responsibility for agreeing key aceas of aclivty and policy is delegated to Ihe CEO enabling efficient management and development of the charity. which are Teport back into Trustee meetings. The day to day running of the Charity and executwe responsibilty is delegated to the Chiel Executive off￿er who is supported by a Senior Management Team accountable to Ibe CEQ. Truslees are appointed for a renewable term of three years and are the direetots of Ihe Company for. the purposes of the Companie5 Act 20C6. POLICIES ADOPTED FOR THE INDUCTION AND TrAINING OF TRUSTEES All new trustees are required lo undertake a comprehensNe inductlon programme and training programme to learn about the work of Caudwell Children lo *Jentfy opportunrties to become mre involved with our work. Trustees are invited lo attend events. site visrts and additional training. All New "Trustee5 meet wi(h the Chief ExecutNe and Senior Team to d￿uSs.. Their role and responsibiir(ies Key documents including the Memorandum and Arttles of ASSrK￿l0rt

CAUDWELL CHILDREN IACOMPANY LIMITED BY GUARANTEEI TRUSTEES. REPORT IINCORPOIiATING STRATEGIC REPORTI l¢ontinwedl FOR THE YEAR ENDED 31 DECEMBER 2021 Strategic plars of Cau(hvell Children The Chanties focus on outcomes All future plans CQC Governance and Responsmties ISO Policies and Procedure5 A review of governance is ¢arried out annually. to assess the effectiveness of the Trustees and idefilrfy any improvements lo governance arrangements. Updates on our are offered to tTUStees on a regular basis. Trustee's Indernnity Each of the Trustee5 ha5 the benefrt of an Fndemnty wh￿h 1$ a qualfying third-party indemnty a5. defined by SeCt￿n 234 of the Companies Act 2006. Limi of Liabil- Trustee Indemnty Corporate Liabilit Employment Practice Liabilty Professional Indemnty Fidelty ORGANISATIONAL STRUCTURE AND DECISION MAKING The Charity is driven fonNard on a daily basis by rts CEO. Trudi Beswick. The"CEO and the Senior Officers form the Executive Team. Each member of thi5 team ha5 cleady defined areas of responsibility and accountabilty. The Executive ream inler&t informally on a.daily basis. the CEO holds weekly meetings and monthly Board nEelings to discuss and implement strategic operational issues and to monitor and control the perforrnan￿ of the Charty against the StrategT¢ Plan 121 meelings are also held wth each Senior offter by the. CEO every six weeks to focus on projects, careers and future development. These meetings vpdale the charty teams and reporting 'systems across the charity including" the Trustee reports Whe￿ applicable. . OBJECTIVES AND ACTIVIES Vision world where all disabled children and their families have choice. opportunty. dignity" and understanding. Mission Practical and emotional support through compass￿nate and efficient Sery￿e$. Motto Whatever it lakes.

CAUDWELL CHILDREN IA COMPANY LIMITED BY GUARANTEEI ,TRUSTEES' REPORT (INCORPORATING STRATEGIC REPORTI I￿ntInued) FOR THE YEAR ENDED 31 DECEMBER 2021 STRATEGIES FOR ACHIEVING OWECTIVE4 - The following ale the four key strategic obj'ectives for the reporting perth 2021. Continue to be a leading pfovJer of equipment, treatment. therapies and support lo disabled children. Raise the profile and awareness ofthe Charity brand, helping people to understand disabilrties and childhood illness and the Irnp￿t our 5UPPOrt makès to indNklual lives. Continue to deveEop the Infrastructure lo enable Caudwell Chikjren to fulfil tts bng term aims. Expanding the Services provided and Devel¢Jp I Create nv•V services to frt new needs. Th"ese objectNes are undertaken wrth the aim of enabling Caudwell Children to provide a continued high-quality service to its target sector of swally exC￿ded individuaL8. ACTIVITIES & SERVICES FOR ACHIEVING OUR GOALS To transfomi INes'. Family support services and short break activitEs. at times of crisi8 Mobility and sensory equipment Access lo life-5aving surgeries and l￿atrnents Lrfe changing thefapy and support programme$ for children wrth brain injuries and their families Holistic therapies and support programmes for Autist￿ children and their famil￿5 Sports equipment lo enable talented athletes to participate in ccrfnFeti(Ne 5POrt Grow the delNery of our new CCAS sewvice from our new CICC centre Attend National 8 Inlemalional conferences to iaise awareness of our work Create new and innovNe seThices that can be delNered despite the ongoirs impael of the COVID OUR ASPIRATIONS From the very beginning CauiTrwell Chikjren has a￿ayS aspired to be rec(YJnised as a leading nalional prOv￿er of seNi¢es f¢y tjisabled children and an example of best practice in fundraising. 2021 was very much a recovery year following the worldwde Covid Parnlernic. Whilst the impact of the pandemic w85 Still felt. throughout 2021 we We￿ able lo hokl some mass participation fundraising events an¢J wekome ¢hiklien and families back into the CICC in far greater numbers than before. As the wodd now knows, the CO¥￿ pandem￿ I￿k effect in the UK duriro eafy 2020 and lasted long into 2021. Oespite the continued Challenges created by thts or￿e in a lifelin￿ event, the charity has maintained it5 focus, drive and pM)sitivity at all sta9es throughout 2020 and 2021. Thi5 has been achieved through the sliong leadewship of the CEO and Ihe sen￿r le￿ whilst the twstees where kept infomied with Clear. concise communic*ion5. This focus on recovery. development and grthvth will continue and we.are confident the Charrty will emerge stronger having met all challenges that rt has faced over the past years.

CAUDWELL CHILDREN {A COMPANY LIMITED BY GUARANTEEI TRUSTEES, REPORT (INCORPORATING STRATEGIC REPORTI (continued) FOR THE YEAR ENDED 31 DECEAIBER 2021 The impact of COVID on the charities fundratsing continued to be signfficant in the ffTSt half of.2021, wilh virtually all face40-face fundraising activrties not being allowed under various bck down measures. However, during the second half of the year there were improvements and the Charity reacted quickly to maximise these opportunities as soon.as they arose. Following the initial irnpact of COMD on our face-to-face service delivery. The charity. led by the CEO, developed both digrtal services and new produc15 to address the needs ¢aused by the pandemic. Whilst the la¢e-lo-fa¢e services both continued and in¢￿ased during 2021. the ¢harity has maintained the delivery of both Ihe new and digttal services to complement the face-l￿face services and give a greater surte of services lo Cater for more families and their diffefing needs. Ith Ihe complelion and opening of the CICC now over iwo years behind us. the charity continues to focus on service provision. in part￿ulaT the'way we help and support children and families affected by autism spectrum disorders and how we grow to meet the ever increasing gk)b81 demand for autism 8ssessffnts and inlervenlion.. During Ihe year local government contracts were won for the delNery of our CCAS Service. This drove continued recruitment throughout 2021 to maintain the required clinical expertise todeliver Ihe charity's vision for an efficient and cost-effective assessment and intervention pathway. Whilst there has been and continues to be a shortage in the labour market we are Pkn￿ed to stste that our clinical team grew throughout 2021 by over 37%. Oucing 2021 all of the MDT (multi-disciplinary Clin￿al team) members continued to develop the CCAS service by carrying out the much-needed ASD assessments both from the CICC and online. Online Iraining for ADIR and ADOS was conlinued to all new clinical team members. This widened the breadth of skills within the clinical team enabling them to offer support to more children & families both virtually and face-tothface during the continued impact of the pandemtc and these most di￿￿ulL times. These ongoing developments assist u$ in our prinuple Ihal Ihe right pathway and subsequent research will provwje vital evidence. improved early intervention pathways. incceased independen¢e and better family wellbeing for the millions of people living %wilh autism in the UK and worldwide We are pleased to confwm that thrcHJghout 2021, Cauthwell Children remained registered wrth the CQC maintaining an overall rating of Good allowing the ¢harrty to Continue to operate ils full in-htsuse autism Service. Our continued relationship wrth the CQC representslives remained remote due lo pandemi¢ regulations and an outstanding resurt is estimated on next face to I￿e visit when this becomes possible. [￿rIng November 2021 the charty also underwent its annL￿1 ISO aLKIrt which we are pleased to report was another pass wrth no major or minor issues raised for improvement. Thi5 underpins the charities managements dedicalK)n and focus when it comes to d￿UMented policy and procedures and ils desire in kjoking for and being open to. continuous development and improvement. Our primary objective has not changed and is still to reach and provide support to every disabled chikl living in the UK, regardle55 of di5abilrty. But we also feel th we have a critical part lo play in the global disability ¢ommunily and by sharing research and best practice wrth our partners around the world we can potentially help millions ol chiklren..

CAUDWELL CHILDREN (A COMPANY LIMITED BY GUARANTEEI TRUSTEES. REPORT (INCORPORATING STRATEGIC REPORTI (continued) FOR THE YEAR ENDED 31 DECEMBER 2021 PUBLIC BENEFIT STATEMENT In setting plans an¢J priorities for areas of work. as Trustees of Caudwell Children we have followed the latest guKlance from the Charity Commission on the provision of public benefrt. in accordance wrth section 17 of the Charities Act 2011. In particular. we consider how activities will contribute to meetin9 the objectives they have set and f￿u$ on the Servi￿ that will deliver the greatest irnpact to the rnost disadvantaged dISab￿d children and Iheir families. In deliverng these se￿l¢e$. we clearty Klenlify the impact lo the children and families we work v4rth and monrtor short and kjng term progres5. We are passionate about ensuring our services transform INes and Ihal we conlinve to learn the rnosl effective and efficient ways lo support our beneficiaries We have derrK)nslrated how Caudwell Children delivers tts core chafilable objective in the Strategic Report section which Sets out our objectives and achievements during financial year of 2021. Directors of a chafity have a duty to report in their Annual Report on their charity's public benefit. In setting plans and priorities to achieve its wsion, as the Charity's. Trustee5 we have followed guidance from the Charty Commission on the PTOV15ion of public benefit As Trustees of Caudwell Children, we confirm that we have cunplied wrth the duty in Section 17 of the Charrties Act 2011 to have due regard to the Charty Comrnission'5 general guidance on Publ￿ benefrt. Caudwell Children is established for the publi¢ benefit of child￿n in the community, delivered through equipment, trealrnenl.'Iherapies and support of disabled children and young people. The Charity Is established for the Publ￿ benefit under the fdlLwing purposes.. Relief of poverty and sickness Advancement of education PromotK)n of equalty and independe AS Trustees we have considered this maifer and concluded." l. That the aims of the Ofganisalion conlinue to be charitable,. 2. That the aims and the work done give MYentrfiabbe.benefits to the charitable sector and both indirectty and directly to 1ndW￿UalS in need.. 3. That the beneif15 are for the public. a￿ not ￿n￿asOnablY tsstricled in any way and certainly not by abilty to pay. and 4. That there is no detriment or ham) arising from the aims or actNrties STRATEGIC REPORT ACHIEVEMENTS AND PERFORMANCE The COVID-19 pandemi¢ had a catastroph￿ impact on chaIrt￿S and businesses across the globe throughout 2020 and long into 2021. We are proud of Ihe reaction and response of Caudwell Children and rts team during these drfficum and tong lastin9 challenges_ Having had to rapidly change the plans for 2020. the Charity was able lo pre plan for 2021. This planning had numerous contingencie5 buitt in as l¢xk drywn ￿$tr￿n$ We￿ stsll in place * the start of the year with no guarantee when or where they woultj be lffted. Due to the strong leadership, cleaT planning and unque5tiorthle dedication of the team these plans were executed to the rnaximvm, resutting in a fvndraising luinaround. close to pre Pandem￿ forecasts and a truly phencwmenal increase in the number of chihlren and families we were able lo help.

CAUDWELL CHILDREN IA COMPANY LIMITED BY GUARANTEEI TRUSTEES, REPORT (INCORPORATING STRATEGIC REPORTI l¢ontlnuedl FOR THE YEAR ENDED 31 DECEMBER 2021 Fundraising income for the firsl half of the year was inwted quile heavity- Thi$ was forecasled and . we planned lo double our efforts during the second haw of the year. Oue to this refocus and doubling down on our commrtted fundraising strategy and calendar of events we are delighted to announce that we achieved a 724A year on yeai InC￿Se in voluntary donations. wh￿h almost gels the charity back lo pre-pandemic levds. Throughout 2021 we have received an ever-increasing demand for services as more and MO￿ families caring for disabled children experienced the complete wrthdrawal of the communty-based support they had come to rely upon. During the various k)ckdowns and restrictions, we have conts.nued to prioritise the following servi adaplalions in or¢Jer to meet the changing needs of our bene￿lar*s= Continue lo provide familtes with assessments via video calls or lelephone, whilsl also delivering Caudwell Children Autism Assessment Service fart to face within the CICC. Deliveiing ASDAN qualrfi¢alions lo chik1￿n in Iheif home wTrth telephone and online support Delivering a short breaks Serv￿ for children and families in the home wrth te￿Phone and video link support Collaborating wrth partners to offer legal advice where needed Extending our telephone. email and online athisory service to families Continuing to support applications for much needed equipment Continuing to review and adapl our sefvices throughout this pertod to ensure they meet the changing needs of benefiC￿rieS Creation of a new and ever evolving therapy packs- The Get 5en50ry p&k with a wraparound digrtal private Facebwk service for families to interact. learn and talk to each othei and a MDT IMuf(i4lisciplinary team) family support servtes for OT and Iherapy support_ Developed and delivered Digital Skill training courses Developed and delivere(l Employabilty Skill Irainin9 courses Continued our Warm Homes programme. advising & assisting with the fvel poverty crisis. The team and ourselves wish to thank all of our donors, supporters and everyone who has helped in this achievèment. This level of success cannot be obtained without these special partnerships. During our fiisl 21 years we have SUPPLxled tens ofthou$and$ of chihJren and we are immensely proud that through the leadership. delem)inatK)n. and the passion of the team and the support of our donors and partnerships they have buirt a charty thal wll continue to delNer these irnpressive results. However. as addressed by the strategic research, chikl and farnily engagement the CEO and team strive to notjust match our past perforrnance but to improve upon rt lo meet the needs of our communty and ¢hang8 SOC￿la1 oulcomes. We fully acknowledge rt has been an exceptionalty tough two yèars for everyone and is likeFy lo remain so for a few more year lo come. Yet despite these challenges we are delighted to be announcing that dunng 2021 ak)ne Caudwell Children'5 teams have worked to dire¢lty deliver services bolh face-to-face and digrtally lo reach an aldilional 11.108 disabled children, young people and their larnilies. In regards lo children reached this is the most suc¢essfvl year ever in our twenty-one-year history. It is an achievement we are all extremely proud of and one wh￿h is made all the more Impressive given the circumslances in vthich il was achieved_

CAUDWELL CHILOREN IA COMPANY UMITEO BY GUARANTEE) TRUSTEES, REPORT (INCORPORATING STRATEGIC REPORT) (continued) FOR THE YEAR ENDED 31 DECEMBER 2021 As CEO of Caudwell Children, Trudi Beswick has successfully stewarded the chanty from its vèry beginning. Continuing to develop and delwer rt5 short-, mediurn- and long-temi goals. As stated last year, Mrs Beswick planned Io ctx)linue to recruit ano expand the executive team. This was evpjenced during 2021. including the recruthent of the charth'es first Chief Operating Officei. This developrnent of the strategic leam is.planned to continue through 2022 to help support the growth of the Charity in line with its stralegy and will in turn further posrtion the ¢harrty lo deliver the much-needed efficient and effective services Caudwell Chil(Jren Creates and offers. Having redeveh)ped the strategy for working with the Children. young people and Iheir 1amil￿S in 2020 by creating a new overarching ftexible strategic plan (The Big Bang Strategy). Mis Beswick and her executive team have worked hard during 2021 to embed the fOUndat￿nS of the strategy SO as to delwer the outcomes necessary to meet the charities ambilK)us largels. Invofving all teams from across the charity in the deployment of the Big Bang Strategy. rt is providing a transparent collaborative approach be￿een departments across fundraising. communications, finance, campaign5, 5eryKes and research. bringing together International, National, Region81 and Local messaging in a simple ¢(￿Ordinated yet reactive slruclured sel of documents that delwer fccus to the charities work in all areas. As in prior years 100% of our arhnual income came from voluntary SoUr￿s. Our donors allow for life changing support lo be given lo the most vulnerable in society. Our SLtpporters prowde u5 Wrth the independence to ensure that disabled children and their familie5. votes are heard within UK Govemment and ￿OsS Ic￿1 heahh and social care Prov￿eT5. The CEO and wider charily team conlinue with the ongoing fctU5 on building partnerships wrth corporate supporters, key national ser¥￿es, granl making b￿jieS and coMmiss￿nerS across the UK. As previousty stated the charty once again maintsined anJ renewed its ISO qualrty management system a5 well as retaining registratKsn Wbth the CQC. both of wh￿h will be integral to the ¢onb'nuous improvement ol our programmes across the ¢yganisalion. .The development of Caudwell Chikjren and rts Ser¥￿S have a￿ayS been based on the needs of disabled children and their families. By listening carefulty to beneficiaries. Trudi Beswick and the Executive Team have carefumy shaped IheLr growth to try and fill the gaps left by statutory services and other charrties. Where necessary, the charty will use rts Publ￿ profile and influence to high1￿ht the plKJht of disabled chikjren and carers in ¢onlinued efforts to positivety affect policy and prac11￿ both domestically in the UK and Internationally_ During 2021 we continued to find appropriate platfoms lo ensure the opinions ofexperts by experience could be heard and continued to collaborate with partner organi5ation5 and ￿lleagUeS from across the voluntary sertor to share best praCt￿e arhj raise national or polrtKal awareness for topical issues when necessary. In particular TrLKli Beswick's public and poIrt￿l inflLJen¢e ¢onlrnued partripion in the Instr(Lrte of Directors (Greater Birminghaml as the Inclusion & Diversity Ambassador. the steering commthee of the Children 1Yt Alliance. the new British Standards Institule PAS design standards for neurodiversity. as Board Mernber of the Children's Actwitie5 A5s0cialion and the Stakeholder Engagement Ambassador of the Design in Mentsl Heath Network. Enabling the team. families and children to colbborale with other organisations and specialists whiL%t raising the profile of the needs of chiEdren and families. services and awareness. In Westminsler, the charty also maintained active part￿lpatWjTr in several All Party P8rliamentsry Groups.. for Autism, Cefebral Palsy. and for a Fil & Heallhy Childhc*)d a5 well regulady attending the Council for Disabled Children meetings and tLM)lribuling as slakehoklers for the National Institute for Clinical Excellence IN.I.C.El again fom)ing partrershys and collaborations.

CAUDWELL CHILDREN IA COMPANY LIMITED BY GUARANTEEI TRUSTEES, REPORT (INCORPORATING STRATEGIC REPORT) (continued) FOR THE YEAR ENDED 31 DECEAIBER 2021 The Cornmonwealth Games in Birmingham in 2022 offers the ehaTty a unw4ue opwrtunty to work with the organisers and local communitEs lo ensure the impact of the Garnes is inclusive ol disabled and autistic young people and the legacy of the event benefrts as many people as p055ible. By collaborating with Ihe 8irmingharn 2022 organisers and their legacy charity. United by 22, we have been able to affiliate two of our collaborative projects wth the Games. Co-funded by the Spirit of 2012 legacy charty and the Edward Gostling FoundatM)n. both projects will now (orm part of the ccmnmorw￿arth Games festrval and communty actNIty. All Roads Leads lo Alexander is a projecl to $how¢ase the talent and cullural dwersity across the city ready for the Bifmingharn 2022 Commonwealih Games. Working with K'antu Ensemble, SAFS, The Associati(￿ of Jamaican Nationals and the Allies Network, a year of creative workshops for children and young people with a variety of special educational needs and disabililie5. The children were given a platform where they were able to express themselves through music. dance and art. The project will eulminate in a series of performantss and a fikn to be premiered during the Commonwealth Games FeslNal in 2022. Throughout the year the charity team maintained produdNe working partnerships with organisations including the Birmingham Children's Hospital. NaI￿nal Aulistic Society. The Design In Mental Health. Network, Garfeld Weston Foundation. Edward Gostling Foundalion. Children's Activrties Association, Weslminsler Aulism Commissic￿. Keele Universty. UnNefsity College London Hospital and UnNersily Hospital North Midlands. During Ihe year Trudi Beswick and the Senior Officers have also continued the charity's inlemational Influen￿ through relationships wrth The Milken Inslilule. The GI￿n9 P￿dge and The Sikh Human Rights Group. wrth whom the charty continue lo Conlribuleto the Unrted Nations Human Rights Council. One of the Charit￿e$ core strengths is being recogntsed as a nalional charity with a local"heart. This 15 achieved by working within local communities. to be a safety net for familie5 Unab￿ to gain the help they need. This is made possible by the teams work in Northern Ireland. Scotland, England and Wales. ensuring disability and Cau¢th¥ell Children remains hNJh on Ihe political agenda across all our nations. The charity has maintained partnerships with Children's'h05Prta15 across the UK including Great Ormond Streel, Birniingham Children'5 Hosprtal, Bristol Children's Hosprtal, Leeds General, Unrversity Hospitals Nottingham, Royal Bewasl Hospital for S￿k child￿n. Royal Hospital for Sth Children Yorkhill and University H05Prtal of Wales. We also conlinue to be commissioned by Staffordshire County CounGil to deliver short break activiiEs as part of the Aiming High for Disabled Children strategy. High profile fundraising evenls continue to prove an effectNe Vehic￿ for the charity to raise awareness and funds for its servtces. Followng the COVID enforced hialu5 of the Butterfiy Ball, London in 2020 it was with great anticipation thal the charty delivered the re-schedul&J event in November 2021. From a riewvenue at the hi5tonc Round House in C8mden, London guests were Irealed lo a celebration of 21 years of the charrty and heard from Inspiralional speakers as50¢0led lo the charity. Many of the charity's beneficiaries contributed lo the messages of the impact the charty has had. The￿ were also messages of support from Prime Minister Bori5 John50n MP, England and Man Cty football star Ja¢k' Grealish, Sir Rod & Penny Stewart and Sarah. The Duchess of Yort(_ Among the entertainment on the night was an exclusive performance by singer. Boy George. The event ra15ed an incredible £1,503,915 and eontinued the charl￿$ impreSSNe legacy of fvndraising" .fTom events with thanks to the headline spon50r. Carey's.

' CAUDWELL CHILDREN IA COMPANY IIMITED BY GUARANTEEI TRUSTEES. REPORT IINCORPORATING STRATEGIC REPORTI (continued FOR THE YEAR ENDED 31 DECEMBER 2021 A specral celebration and recognrtion was given on the ￿￿ht lo a group of commffted philanthropists who have pledged to support the Charity. In 2020 John Cauthvell launched his innovative new 'Ltfe Changer5 CirGle'. an exclusive network of high-value donors who Share the same passion for philanthropy and wish to neiwork wth like-minded people. At the Butteffly Ball we welcomed the firsl 4 members ofthe Life Changers Circle. each ofwhom pledged to donate a tolal of £1millM)n over 10 years to the charty. The return of the London event once again conylemented the Monacrrbased events whrh continue lo be masterminded by the unwavering commitment and dedIc￿n of M¢desta Vzesniauskaite and Chaimian Emeritus, John Caudwell. Since i(5 original inception in 2017, the annual sponsored cy¢le ride and gala dinner evenl$ have continued lo grow in reputation and pwularity. The Butterfy Ball. Monaco is now an established and recognised phiLanthropic event in Monaco's workl-rencN4ned socral calendar thank5 to the continued hard work of John Caudwell. Modesta Vzesniauskarte and.the organi51ng commrttee. In 2021 the Butteffjy Ball, Monaco raised a £1.254.'337. We would also like to thank the events headline sponsors. Burgess Yachts and Arc1￿ Wortd Club. Totsl incorne forthe year increased by 72% compared to 2020. The CEO ano SeniOroff￿rS mainlained a strong focus on maximising the available income to provide for our ongoing services. With every penny raised they continue lo drive efficiencies and reduce expendilure where ever p055ible. 11 is a core value of all our employees and volunteers lo constantly search and obtain the best value for money in 811.that they do. This is done with the clear rnind-set that the more we save the more services we are.able to deliver lo goaler rjumbers ol disabled Ghiklren and thèir families. We ￿e once again extremely proud to have maximised every £1 raised. thus enabling us lo provide more than £2.08 worth of goods and services for every £1 raised throughout 2021 and continuing the xhievemenl of more than doubling the pound in every year of the Charrties fundraising history. This level of efficiency is further compounded by the Charity's unique sf(LFalion, wrth Mr John Caudwell comm￿1n9 an annual personal donation lo ¢over Ihe organisation's management and administration costs,. therefore, offering donor's peace of mind that their direct donatKJn5 are.spent directly on the children and famhlies making the best possible impa¢t. Meanwhile, Caudwell Children continue5 to work c105ety wrth colleagues across the voluntary sector to ensure Ihe most effi¢ient and effeCt￿e delivery of seThi¢es_ ￿er the past twelve month$ the Charity has continued effective partnefships with organisations including Edward Gostling Foundation, Tree of Hope. Jvs14Kids, Variety VK. Independen¢e at Home. Family Fund and NewLife. The team also furthered our links wrth charrtable serwce5 ck)se lo our Head Office in Staffordshire. with regular interactKtrrrwith Ihe North Staffs Ayti$m and Asperger Society. Douglas Ma¢millan Hospice and Parent Vote. REPORTING BACK ON OUR OBJECTIVES As in previous years the tearn has not $l¢yed don in the pulsurt of Caudwell Children holding a substantial and recognised posrtion within the charity market. Continuing lo set challenging goals and working through colatrNalive method5 to be hdentrf*d as the UK ￿adIng volunlary provider of

CAUDWELL CHILDREN IACOMPANY LIMITED BY GUARANTEEI TRUSTEES. REPORT (INCORPORATING STRATEGIC REPORTI {confinued FOR THE YEAR ENDED 31 DECEMBER 2021 I￿atment, therapies and equipment across the UK. The scaleofourdirect work and ils impact continues to gain a much wider recognrtion because of the creation and delivery of efficient, effective and person lead services. We have widened our scope of delivery partners and lunding bOd￿S allowing us to deliver new digital training services amongst other services. The team's leadership continues lo focus on the needs of the chihYTen and farn11￿5 and the support of the staff in delivering these seNices even in the loughesl of Circumstances Each of the challenges cause(J by Covid and the pandemic aftershctks have been embraced and solulions'sort lo support the. lamilies. children. staff, projects. services, fundraising and stresse5 of managing a ehanty during these unprecedented times. The dKJrtal strategies brought fomards during 2020 along with the training and systems PLrt in place have ￿ntinUed through 2021 allowing the charrty to continue to respond to the changing impacts of the pandem￿. These new learnings and skills have added to Caudwell Children's future capability lo deliver ever changing services and il Is this that gives us so much pride in the team. 11 is this continued ￿adershIp. management and ded￿ation that stands the charity on firm foundations and why it consistently achieves rts aMbit￿uS targets and has even larger ambitions for the years ahead. Whilst being challenging in Sca￿ these future plans aim lo be ￿OgnISed across Ihe sector as a true exemplar of what can be ach*ved when many disciplines are brought together lo focus on the ' issues at hand Each year we continue to expand our w¢h into new communiles, which in.lum changes the futures of disabled ¢hildren and their familie$ who continue to be in need of our servi¢e$. In order to deliver more and ffi0￿ lrfe ¢hanging therap￿$. we recognise the need to develop our service delivery provision We also understand Ihe national and global disability landscape and need for increased support and research in to the cause and effect of the most prevalent disabilrtEs. In order to meet these future goals. we deswjned. de¥etoped. built and opened the new, Caudwell International Children's Cenlre. This rnulti award winning. bespoke envimnment embraces Ihe latest technologies within an inlegrated infrastruclure that has been desgned wrth parent and child collaboration as well as industry leading profe5siona15. The Centre provmles a state•of-theort base for our therap￿$ and creates an environment were ¢onlTolled. evtdenced based research can be undertaken. Our aim for this research 15 to change the way£tTh conditions are rnanag￿. changing the futures of millions of people around the world. With the build now complete and the cenire fvlly open. the ongoing management of the wholly owned subsidiary CCG D&B Ltd is managed and administered on a PLtrely voluntary basis by the CEO and the CFO of Caudwell Children. This ensures that Ihere will be no subsidiary nJnning costs incurred by the. charity and mofe importantty all profits earnt by the subshliary during the construction phase have been donated back lo Caudwell Children. In ofder lo achieve the ongoing goals and aims ofthe charity. we seek your supp)rt for mLtch more than money alone. We seek your support for a new approach lo disabilty and a lrfelong partnership. 9iving disabled children the chance lo lead a fvll and independent life. Our interventions and support for disabilities will go way beyond the walls of Ihe charity. enabling us lo change the disabilrty landscape in the UK which will be a¢hieved through meaningful stakeholder engagement. ccdlaboration and communication. OBJECTIVE 1 Continue to be a lthiding provider of equipment. trththent. therapies and support to disabled children Continue with the evel ment of our Autism famme and the r uired muf(i-disci lina team After the official launch of the service in 2019 the team went live_ 11 was always the plan to continue to develop the team and their skilL8 through 2020 and beyond. io

CAUDWELL CHILDREN {A COMPANY LIMITED BY GUARANTEEI TRUSTEES, REPORT (INCORPORATING STRA TEGIC RÈPORTI (Continued) FOR THE YEAR ENDED 31 DECEAIBER 2021 Due lo lockdown restrictions la￿ to assessments were limifed during large parts of the 2020 Whilst this may have been seen as a limitsng factor by sone providers. Caudwell Children embraced the opportunity to bring foNard its future plans to provKJe online virtual services. It was also the vision of the ¢haiites CEO to p.rovKle 5efvices to all in need and not jusl.those than COLtld visit the CICC. As such training was brought forward for the whole Clinical team lo carry out both ADIR & ADOS assessrnenls. Thi5 Vrtal Iraining has been continL¢ed through 202 1 to the team. Once trained the leam began to deliver these assessments online_ This allowed the children to be assessed without the stress of warting any longer during COVID and wilhout the need lo travel during . I￿kdoWnS. These remte sessKJns are now buirt into the programme improving the eff&iency of the service as planned. All of Ihe above changes which were ￿lerated due lo COVID during 2020 have be refined and .improved upon during 2021 so as to now provide a clear suite of options tailored to the #idividual ¢hild'$ needs. As previousw mentioned Ihe C￿tInUed recruitment into the clinical team has been a critical success factor and has allowed us to ￿Crease the weekty assessment ¢apa¢ty within the CICC. Many more of our services outSKle ofALrtism also ¢ontinued to be delwered online during 2021 including bul not limited to.. Family Services, Short Breaks, Digrtal Training. Fuel Poverty Assessments among others. Develo & Build addititxal su funclions wi¢hin ihe ca￿dWell Intemalional Children's Centre During 2021 the Charity employed ts firsl Chief Operating off￿r. Under the guidance of the CEO the new COO assumed ￿SpOnsIbl11ty for all the service delNery and all Research and Evaluation. Recruiled to support the COO was an A$s￿late Director ol Reseaich along wrth an Associate Director of Operations. The new COOS duties in¢ludes Ihe day to day ¢harty operations, overseein9 the ISO & CQC pro¢esse$ as well a5 the charrtie5 feedback and evaluation of rts Serv￿eS. ContinLte in the Devekj the new Team Structures. Recruitment for senh)r roles remains a challenge forthe charty. predominantly due to the concentration" of professional fundraisers based in London and the major crties. 2021 was a year of ¢onsolidalion and reflection following the recrurtrnenl of 2020. Whilst embedding the'Big Bang Theory- strategy some key roles. as rnenth)ned above, were f411ed. However, 2021 was a stabilising year used to assess the requiremenls needed for Ihe nexi phase of expansion_ This will lead lo further recrurtment and development in 2022 and beyond all0v￿ng for the continued devek)pment of the of the various departments and wider charity strategies as planned for by the CEO. OBJECTIVE 2 Raise the profile and awareness of the Charity brand. helping pwple to undeystand disabililies and childh¢)od illness and the impact our support rnakes to individual lives InGrea5e invofvemenl within cross rliamenta ecls within Local and National Government. During 2021 we continued to find approprrate platfomis lo ensure the opinions of experts by experience could be heard and continued to collaborate with p*ther organisalions and colleagues from across the lion rou nd devel awareness of ke charit li

CAUDWELL CHILOREN IA COMPANY LIMITED BY GUARANTEEI TRUSTEES, REPORT (INCORPORATING STRATEGIC REPORT) Icontinuedl FOR THE YEAR ENDED 31 DECEMBER 2021 voluntary sector to share best practice and raise national or political awareness topical issues when necessary. Participation continued wrth the Instrtute of Directors. the Children 1si Alliance. the new British Siandards Instrtute PAS design standards for neurodiversty, the Chihgren's Aclivities Association and the Design in Mental Heahh Nehvork. This enab￿d the team, families and children to collaborate with other organisations and specralists whilst raising the profile of the needs of children and families, services and ￿areneSS. In Weslminster, the charity also maintained active participation in several All Party Parliamentary Groups, for Autism. Cerebral Palsy. and for a Fit & Healihy Childhooxl a5 well regular￿ attending the Council for Disabled Children meetings and conl¥ibuting as stskeholders for the National Inslilule for Clinul Excellence IN.I.C.El again fomiing partnetships arnj collaborations. Increase media covera e across all formats tar etin a total aud￿nce of 1 Billion eo le worfdwide. Communicating lo our stakeholders through Digrtal and traditional media continued to be an important function, wrth the increased f¢xus on digrtal media being maintsined and dedicated resource commrtted lo social media. The Marketing & Communications leam underwent a period of continual transition and recruitment during 2021 A revised focus on measurable outcomes is expected in 2022 against the Big Bang Stralegy. Increase the char 's social media followin advancements lo the benefrt of the cha Across all active social media channels. the audience grew by 8,300 to 65.600 and there were 47,260 engagements on our posts throLtghout the year. The strategic development of the charity's"digilal marketing portfolio remains an area needing addilional focus and resource, we currently fail to meet the ambrtious gr¢)wth and innovion tsrgets thal we set ourselves. We c(Jnb'nue to seek to re¢Nit additional expertise in this area and ulili5e the benefits that can be made by an innovative appToach lo digital marketing and technology. acros 11 latfofm the L4test technol ical OBJECTIVE 3 To develop the infrastructure to enable Caudwell Children to fulfil its long terni.aims Ourin 2016 we extended our 5- eaT infrasttucture devekj ment strat loa10- ear model to ensure we are m&lin the needs of children and familie5 as well as those ol the or anisation in a sustainable manner. The 2025 roadmap continues lo be refined as we fearn more about the environmental factors affecting our goals and strategy. This continued anatyses of both our intemal and external strengths and weaknesses have been inslrumental in our underslanding of howwe move to.plan our effiC￿n￿ against change and need. The CEO'5 51rategy (The Bang Strategy) which provides transparent communication across the teams ensures the teams managing the Infrastructure are up to date with the requirements which are forecast into the budget, monitored across weekly. monthly meetings, hence ensuring if changes are required or solutions needed. Ihey can be managed. Efficiencies are also found or further created with future planning. Supporting the development of the services al and from the CICC. Teams review both systems and practi￿$ so as to maximizé the delivery of our services now and in the coming years ahead. The increased recruitment at Senior levels shows our ￿Mmitment lo our long-term slrategy and ambition. Recrurtment, training. and communicalion are key to ensure goals can be achieved. Against the drfficutt economic environment and recruitment landscape we are acutely aware of the need to balance our teams needs and our team's ￿itionS and service user's needs. 12

CAUDWELL CHILDREN IA COMPANY LIMITED BY GUARANTEEI TRUSTEES, REPORT {INtORPORATING STRATEGIC REPORT) {continuedl FOR THE YEAR ENDED 31 DECEMBER 2021 Consolidate and Review the Research O rations and Evaluation lo meet the needs of the Chari Fdlowing the in-depth review of the various Interrelated functions within the charity by'lhe CEO during eady 2020. a more Streamlined, outcomes focused stru¢ture was designed. This new structure was tested, tweaked and improved upon during 2021. The final structure sees the newly Created posilion of Chief Operating off￿eT overseeing a Research and Evaluation function headed by an Associate Director of Research. all daity operations under a newly recruited Associate Director of Operations as well as Governance. Facilites and Health and Safety. Reporting directty in the CEO Ihis has enabled further development of systems and projects supporting the overarching strategy. OBJECTIVE 4 Expanding the services provided and Develop I Create new services to fit new needs. Ex andin the services rovmled. The in-house Autism service provided by Caudwell Children wrthin IheCICC has provEn lo be a much- needed seryice throughout 2021. The clinul team continued to deliver Ihe new digital day one assessments and fac&tO-face assessments throughoul the whole of 2021, always ensuring to meet the various governrnenl guidelines that were in force al any time. Thrcfyughoul the year,- not only did Caudwell Children deliver rts Autism SerV￿S and assessments to its own charity funded children it also ¢onlinued lo help reduee the number of children on the Slaffordshire's waiting list for Autism assessments in partnership wrth MPFT (Midlands Partnership NHS Foundation Trust). enabling it to fall wrthin the national guidelines. We a150 recewed referra15 and assessed children from Gibraltar through a conlfacl with the Gibraltar Health A"ulhorty. These ever growing partnerships and collaborations further evidences the need for the centre's initial develOp￿￿nt along wilh the baseline and ongoing h'ealth. wellbeing and family research bein9 collected providing short. medium and the long-tem impact of this and all of the services which in turn will create real socielal change going forward. The ever- increasing demand on this service from all over the UK and olher countries also drives the ambition of the CEO and senior team to Innovate effectNely to ensure chiklren and families gel the services they deserve. Over the last few year5 through engagerr*nt %wth young people. children and families and the support of Trusts, Foundations and donors the Chanty team have established new much needed services that complement the tradith)nal portfdio of successful and well established services. This continues to . support the changing needs of the disabilty community and bLtild ever stronger partnerships which in turn enables increased and more focused SUPFK)rt that reache5 many moKe peop￿. During 2021 we continued wrth and added deVe￿ped new Di9rtal Training and Deveknpment lo youTrJ people with Avlism. This was started via funding from a single body in 2020 and has rM)w grown into a standalone seryice ￿th multipk lunders. Casjdwell Chiljren continues to develop this service in a way that can be rolled out across.the UK in a cost effective and eff￿￿nt way lo help many more young pe¢wle. The interest we ale siarting to r￿￿e from grant fundern demonstrates we are moving in the Correct direction. 2021. was our second year of a 3-year prqect to help farnilies who find themselves in fuel poverty. Funded by the Energy Saving Trust. this SerV￿e provides specw4lisl SUPFX)rt for struggling families who desperately need support in understanding and obtaining the help available to them both around cosl effective fuel savings and equipment for their homes. This was and is t￿mendOus￿ important due to 13

CAUDWELL CHILDREN IA COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT (INCORPORATING STRATEGIC REPORT) Iconiinuedl FOR THE YEAR E14DED 31 DECEMBER 2021 the challenging financial limes placed upon families through COWD-19 and the has proved even more important due to the global fuel crisis. Review and i rove Newl Created Seryices lo fft the everchan in needs. Following in internal slruclures, processes and equipmenl provision review In 2020. the CEO With the support of both Glini¢al and non-clinical team members the charity laLtnGhed ils new'Get Sensory Pack" which includes access to private interactive Facebook groups. videos. digital support and connection to the Family support team and the MOT Imuki-disciplinary leaffll providing wrap around support especialty needed at a time when hosprtals Se￿￿$ were avablable and families felt tsolaled with no support in place. Thi5 nvw'compact. affordable ar￿ effeclrve Sensory stimulation pack has continued lo be an ovemhelming svccess wrth chikI￿n and fanil*s throughout 2021 and the demand for them continues lo run into thousands. Following continued evalUat￿n during 2021 a smaller-Fidget Pack" was developed lo specifically meet the need of children with a posrtive autism diagnosis. Once again demand quickly outstripped supply bul we are proud to report that alrn05120¢X) additional children were supported wilh these new packs 'before Christrrias 2021. Following this new success plans are already in plaee to devel¢¥) 8 fijlty Autism specffic pack for 2022. The success of these fv40 (soon to be three) packs is quite remarkable and Ihe continued fbw of applications since the equipmenl became available onty lead to an expectation that this servi￿ will continue be in high demand for the near lulure and will require exiensive funding to match Ihe need. COVID-19 IMPACT STATEMENT ON STATEGIC REPORT POST YEAR END. COVIO-19 had a severe advers8 IMp￿t on the finan¢e$ of Caudwell Children during the wholo.ol the reporting year of 2020. 11 has also had an adverse impact on the fundraisiThJ during Ihe first half of 2021. The charity team planned well for this and reslTUCtured the events calendar so as to bxkend our major events to the second haff of 2021. Despite the continued disruption to society's nomis in the fitst 6 months of 2021. we achieved lo hold several mass participatron events and raised millions in the process. These positive resurts are conlinuing into the start of 2022 and whilst we may well need to create some further readjuslments lo future strategies and timings of planned goals and outcomes we believe these will be much smaller going forwards than they were a year ago. "As mentioned several times above, this once in a lrfelirne event has been recogni5ed by our CEO and Senior officers, as an opportunrty to rew£w how Caudwell Children's seNi¢es can be adapte¢J and delive￿￿ given these ever<hanging extemal fa¢lors. We are exlremety pleased by the way the charity has very quickty adapted to the new ways of cperaling and have brought forward sorne of the planned developments regarding remote assessments and virtual workshops ￿11￿1 il was a￿ayS the vision of our CEO lo incorporate technology as much as is appropriate into our future developments. this pandemic has been treated as an opportunty to expedrte these visions into fimi practi￿ so as lo leach 'as many children and families as possible and not allow them to be further isolated through no fault ol their own. We have every confidence In the leadership and team to continue with this approa¢h throughout. We do believe rt is important and correcito assure our many supporters and readers ofthese slalemenls. that we remain as detemiined as ever to provide our much-needed Servi￿ in the very best way they can be provided in whatever format is best for the children aThJ families we serve throughout 2022 and beyond Safely. 14

CAUDWELL CHILDREN IA COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT {INCORPORATING STRATEGlC'kEPORTI (continued FOR THE YEAR ENDED 31 DECEMBER 2021 INVESTMENT POUCY ANO PERFORMANCE Investments Our polrcy is lo ensure that sufficient funds are $ecur8d for 100% 01 all the family support equipment, I￿atment and therapies. at the point lamilps enter the services As a iesult of the level of commrtted expenditure. the.rnajority of the funds have been restricted. These separate restricted funds can only be used for the intended servi¢es they are reslricled lo. This leaves f￿ reserves equal to eight months the budgeted general fund expendittlre. These are slightly higher Ihan the target of Six months but are a result ol having two krge fundraising events in the last quarter of 2021. These unrestricted rèsèrves are held In case ol any sudden decline in in¢(Yre and ensure commilmenls made to providing services for children can be met lin the fomi of contractual commitments lo staff and premises). Where treatment and Ihefapy is #greed over a specified number of years. monies are restricted in the accounts against indiv￿ual child cases. which ensures that all monies are available. as and when required. This process is managed in the monthly management accourts by the CEO of the Charty. Trudi Beswick, and overseen quarterty by Mr Craig Bennett. Company Secretary. As at 31sI December 2021 the chaTrty hohys lolal Cash reserves of£8.66m of which £7.93m is deposited in a higher interest beanng in51anl access account. Due to the nature of the reserves currently held for longer term Grilical therapy and trealmenl programmes the charty is not in the posrtion lo deposit fvnds into any long term high interest accounts. A5 Trustees, we take a prudent apprwh when making decisions about investing the Charity's funds. When investin9 the Charity's funds. we will aim to strike the right balance between". providing the best relurn on inveslmenls wrth minimal nsk", having sufticient funds available to allow the Charrty to carry out ils puryxises effectively., Maintaining, and if poSs￿le. enhancing the value of invested funds whilst they are retained. Trnstees, Power5 of Investment The Trustee Act gives trustees wide powers of investment, including 5hare5 in cornpanies." land rented or leased out by the Charrty lo tenants." interest-bearin9 loans such as government bonds and deposits at banks ￿ building s￿letieS.. and units in Col￿tIve schemes, such as unrt trusts. As Trustees, we reserve the nghl to nvesl in any or JI of such investments. We not invest in derivalives, private equity schemes. land purchased and developed with a VEW to sale, works of art. or commodities such as gold or vintage wine, acquired wrth a wew to resale in the future at a profit. As Trustees. we rnay dele9ale the management of the Charty's investments to a specialist either by investing in one. or more collective investment schemes, such as unr( Iru51s", or delegaling our investment ¥Jecisions by appointsng an Investrnent manager. Invsslm•nt Parameters arml Restrictions Our investment parameters and reslri¢lions are ￿VIeWed each year and questioned internally on a regular basis. All available options are weighed against our intemal policies so as to maX￿lSe opportunities whilst minimtsing risk and-ethical concerns. Given the above the folltrwing guidelines remain in place_. All money lo be invested at any particular time shall be agrth.by Ihe Charrty CEO and Trustees. At no point should the Charity be wrthout sufficient funds to meet its obligations. A regular cash-flow forecast must be prepa￿ and reviewed before additional investments. are made. 15

CAUDWELL CHILDREN IA COMPANY UMITEO BY GUARANTEEI TRUSTEES. REPORT (INCORPORATING STRATEGIC REPORTI {¢ontinued FOR THE YEAR ENOED 31 DECEMBER 2021 FINANCIAL REVIEW Icontinued) Inveslments shoukl be subject to minimal risk. No investment shouhd be made in company securitEs' not listed on a recognised slo¢k exchange or in unrt trusts not Tecognised vnder the Financkil Services Acl 2000. There should be no holdings in sin9le company InveSt￿EntS. The ethical statement sel out bei(M applies lo all inveslmenis made by the Charity. Review The investment policy is ￿Vie￿d annualfy by the Board of Trustees and aKhough we are continually looking for investmenl opportunities our cash fh)ws do not allow us available funds to dep0511 for the required length of time to benefit from the higher returns. Given the increasing number of children the charity aims to assist and the capital investment required for our new chanty building such medium and long-term Inve51ment5 are not practical. RESERVES POLICY As Truslees. we regularly review the re5er¥es posit￿n.tO ascertain whether or not the funds being hekl are adequate for Cauthvell Chiklren's work. Sn doing this we lake into consideration the assets required for the prowsion of the key provision, qualty of prowsion and finan¢o1 effi¢ien¢y. The review looks * Ihe nature of income and expendrtu￿ SIre￿$. the need to malch Variab￿ income with fixed commi(menls and the nalure of Ihe reserves. A minimum level of unrestricted funds and reslrieted fvnds should be marnlained. to provide uninterrupted services. Outside of the C8Prtal project reserves, much of the reStr￿ted reserves are held for the prov15ion of CTrtical longer-term treatment and therapy programmes_ Unrestricted reser4es The Charity has hisloricalty aNned to maintain free reserve5 equivalent lo no m￿e than six months forward overhead expenditure. At 3151 December 2021 unreslricled free reserves lunreslricled funds less amount5 Included in tangible fixed assels) amotlnted to £3.982.114 which is equivalent to eight months foward overhead expenditure. The in¢rease is driven by having fv40 large fundraising events in the frnal three months 012021 Through its risk management slrategy, the Charrty also manage5 risks. aSsoc￿ted with cash flow. investment and money markets. Free reserves are maintained so that in the event of a sudden decline in income, contraclual commilments lo staff and funding partneT5 Gan be maintained. The Charity also held £168,295 in designated ftjnds. These funtjs have been design*ed forthe purpose of matching the funding provKJed by The Edward Gostling Foundation liver the nexl years. The foundation will provide funds lo support our Enab￿ Sport and Equipment programmes if these funds are available hence enabling more children to be reached over this Ihree-year period. Restricted Reserves In order to meet our strategic objectNes and long-lemi c(xnmitments we have specthcally raised funds for the foll¢)wing specific Pufposes.. The PTowsKJn of provKJing therapies and t￿atMent for disabled children The provish)n of specialist equ￿fflent for disabled children 16

CAUDWELL CHILDREN {A COMPANY LIMITED BY GUARANTEEI TRUSTEES. REPORT (INCORPORATING STRATEGIC REPORT) Icontinuedl FOR THE YEAR ENDED 31 DECEMBER 2021 To provide practical and emotional suppcmt to disabled children and their families in times of crisis To build, equip and provide Aultsm assossments frcth a flagship centre lor disabbed chiklren as an exemplaf of gwj practice As at the end 2021, £20,143,163 was held in reslri¢ted funds of which £17.618,179 is for the sole use of our innovative purpose-buill centre for assessment..support and research which will be depreciated over 25 years. £592.928 is held for our in-house Aulism programme. In addition to these £1.120,589 funds are held for treatment, Iherapy and equipment provision. These funds provide ￿re serV￿es. ensuring Ihal we can provide equipment and Se￿ICe5 for the most disadvantaged and Vulnerab￿ families. Our fundraising ensures that funds are solety available for the spe¢rfic purpose of providin9 Ireatment. therapy, and equipment and therefore are not compromised by the planned expansion of our charitable activities. FINANCIAL REWEW Wrth the support of our majof benefactors. every pound donated is ab￿ to be donated directfy lo C8uthell Children's semces supporting children. young people and Iheir families. This coupled with the managements ¢ontinued focus on efficiency and growth albJws for maximum impact to be made by our people ￿nIred serwces on the INes of d153bled child￿￿ and their families. After having to postpone the annual Butterfiy B811 during 2020 due to Covid-19 restrictKJns we were extremely pleased lo once again hold our flag ship event. This years. venue was The" Roundhouse in London and generated a gross profit of over £1.5m. We thank our all of our supporters for making a success ol this event once again. 'The total income increased this year by £2.487.532 compared to 2020. This was driven by the reduction in COVID restrictions and the posrtwe impact of our lace40-face events including the above mentioned Butterfy Ball. L￿(lon. Total expendrtuie increased by £658,247 year on year. This was driven by extra events and fundraising as well as an increase in chikjren helped. We ¢ontinue to focus on reducing cost5 and in¢reasing efficiencies so as lo maximise the posilive impact of all donats"ons. We 51rive lo inGrease thè number of families reached across the UK whilst a￿ayS focusing rm value for money and efficiency. To this end we are delighted to announce that the number of children helped in 2021 wa5 11.108 which equates lo a slaggeriny 344% increase M 2020. During the year 2021 the charity made use of the Govemments Furlough Scheme. A total of £59,788 was claimed by the chariiy in the year_ .Charitsble actlvlty In Scotland As a charity registered in England. Wales and also in Scotland. we delNery our seNi¢es in all these areas. CaudwelS Children offers and provided rt5 servKes lo chibJren xros$ Scotland in 2021 including the provision of the New Get Sensory packs_ Financial Planning We Continue lo manage the financial affairs through an annual planning prctess that aligns operational p18ns lo generating the required resOur￿S. This annual plan is reviewed on a quarterty basis lo ensure il provides us with the resources to meet the charrtie5 goals to achieve the vision The plan also focuses on ra￿Ing people's awareness of Cauthdl Children. ils work, disability and the challenge$ tjisabled children and their familie5 face. 17

CAUDWELL CHILDREN (A COMPANY LIMITED BY GUARANTEEI TRUSTSES, REPORT (INCORPORATING STRATEGIC REPORTI (continued FOR THE YEAR ENDED 31 DECEMBER 2021 Cash forecasting is critical to the charities ongoing success and all funds are held in instant access accounts lo allow the CEO and Trustees lo be flexib￿ and reactive lo the demands on the charity. It is vital that these funds are accessib￿ to prowde the equipment. treatment and therapy services and the family support needs. Whilst Caudwell Chiklren rely heavily vpon voluntary inc(%ne generaled through indNidual giving. This year we have continued lo receive support from our ￿rpOrate supporters as well as regular donations from the public. We have also received fijnding from indmdual trusts & foundat￿nS. NHS and energy Trusts as well as local aulhorily fvnding. The charity is commrtled to grow rts seryice ddivery and therefo￿ rts fundraising, whilst continuing to focus on efficiency. Whilst we are proud to deliver the highest qualty of services, we are equally proud. if not more so of the efficient manner in which they have been developed and delNered in line wrth the needs of the young people. children and familE5. focused on a person<enlred approach and all achieved by a tremendously well lead and managed team. We are extremely grateful lo committe(l and generous supporters and volunteers who have given their lime and or money. and we wish to Inspi￿ other supporters to join Caudwell Children's journey lo help children. young people and families lo receive the support they need so that they can reach their full potential and a¢h￿ve theii ambitions throughout Iheir lifetime. The charty is ensuring the voice of their benef￿larieS and siakeholders are heard and can influence change. lrfe plans and societal issues which ensure this can occur. 'All donors, 5UPPOrter5 and partnerships are very important to the leam and of course are the back bone of the succes5 of the charty's outcomes. They are supported and are interacted with. wrth respect and as their requests denote whrh are reflected in the ongoing dorKJr strategy. Income Growth The need lo inciease fundraising income was Identrfied to cover increased liabilities for Irealmenl, equipment, therapies, family services. Cauthell Children Atrtism servi￿ and the ongoing running costs of the CICC, whilst laying the found*ions lor long-lerm developments. Awareness about disability and ol our work in this area is key to meeting the long-term vtsion and during the year lund5 have been raised to continue raislng awareness and reaching those familEs most in need. Costs of generating funds The cost of generating funds in 2021 was £761.558". an increase of £105.501 on 2020. It costs on average 12.4 pence lo raise each £1 which Is an improvement on the 2020 cost of 17 pence per £1. We are awa￿ of the need to strènglhen and sustain our fvndraising whilst continuing to control costs in a challenging economK climate. Throughoui 2021 we continued to Invest funds to create and enhance a stable long-temi giving as well as short-temi one4)ff events wrth a targeted 4..1 ROI. COVID-19 IMPACT STATEMENT ON FINANCES POST YEAR END. As Pfeviously stated COVID-19 had a severe adverse impact on the Tinar￿e$ of Caudwell Chiklren during the whole of the reporting year 012020. It has also had an adverse impact on the fundTaising during the fitst half of 2021. The Charty team planned well for this and re51ruclured.lhe events Ca￿ndar so as to backend our major events lo the second half of 2021. Despite the continued disruption to SLKiety's noms in the first 6 months of 2021, we achieved lo hold several mass participalB)n events and raised millK)ns in the process. These posrtive results are continuing into the start of 2021 and whilsl we may well need to create some further readjustments to future strategies and tTrming5 of planned goals and outcomes we believe these will be much smaller going fornvards than they were a year ago. The CEO, CFO and Chairman have a￿vaYS kept very tight conlrol on Cash flow and expendilure. This strong discipline has seNed us well in the past. proved invaluable during 2020 & 2021 and will Serve us even belter dur4ng the years ahead. We had and still do have reserves lo fall back on.as was always 18

CAUDWELL CHILDREN {A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT IINCORPORAnNG STRATEGICIREIKIRT) lcontinuedl FOR THE YEAR ENDED 31 DECEMBER 2021 the strategy. These funds are not limitless bul they allow the charity some breathing space forthe team lo assess its position in this new landscape and ￿act a¢¢ordingly. Daily operational cash flN analysis 15 carried oul to enstjre that all known expendrture is forecasted. minimi5ed 8nd planned for As has a￿vayS been the case all expenditure is heavily controlled within light eXpenIrtu￿ authoriSat￿n limits allowing onty for Ihe vital and necessary costs. From a "going concern" basis the charty caTne5 out cash flow foreGa51ing based on zero income. guaranteed income and expected inc¢yne on a six-lo-iwefve-monlh time horizon so as to best plan its allowable expertdrtu￿. By employing all of the above processe5, the Iruslee5 are satisfied th the financial management is well controlled and they and the CEO are fully infwned and equipped to manage the current situation V4e all find ourselves In. KEY MANAGEMENT PERSONNEL The board of directors. who are the Trustees. and the CEO supported.by the Senior Officers comprise the key management personnel of the Charity in charge of directing and controlling. running and operating the Charity on a day-tTrday ba51s. All Directors gwe their time freely and no D1￿Clor received remuneration In the year. A)1 Directors expenses and related party transacbons are disck)sed in note 7 lo the ac¢ounls. The pay ofthe executwe staff i% ￿¥1•Wed annualty and is in linèwith perf0M￿n￿ set against pre-defined targets. Executive team members have their salaries benchmafked against Similar roles In other Organisat￿n$ of a similar nature Some key slrategic targets need to be managed over several years and as such can be incentivised via long term bonuses in such a way which Can lead to fluctuations in stsff payroll figures year on year. All none seNi¢e delivery costs are covered by a single benefactor and a￿ not taken from fundraising income which enables the charity to.be more financially effective and recruit the best candidates to do ￿1 the ro￿ wrthin the charrty, both fundraising. administralion and Se[v￿e delwery. RISK MANAGEMENT As Trustees, we are responsib￿ for ensunng effèctive risk management. and that internal controls are in place lo approprialety manage the risk exposure of Caudwell Children. Caudwell Children review their risk management strategy as part of both IS09001 120151 and CQC.requirements. We, the Trustees, have completed our annual revw of the risk management strategy. In the ¢ourse of thi$ review, we considere the major risks to which Caudwe11 Children is exposed to the potential impact and probabilty assoaated wrth each risk existing internal conlrols and accountability for thern Mityating actions needed to reduee e&h risk to a level that we ¢onsKler lo be acceptable. Some of the main risk factors for consKleration were as follcp•4S. Building of the neY Cautthwell Internat￿TraI Chiktren's Centre ICICCI. Risk factors considered were the overall ¢ost and build timescales. The ¢o$ts are controlled by a fixed cost contract wi(h any overspend being taken on by the contractor. Timescales are Ve￿ with penalty clauses in the build conlract and a backup pL4n to remain at the current location should overruns occur. The final build cost was agreed and paid in earty 2021 and did not resuw in any additional build funding being ￿quire Reputational Risk. Caudwell Children continues to operate in an ethul manner and follows all laws. guidelines and methods of best practice We, the Trustees are assured that the reputation is in good hands an.d wrth the building of the cau￿￿1 Intemalional Chiklren's Centre ICICCI 19

CAUDWELL CHILDREN IA COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCORPORATING STRATEGIC REPORT) {continuedl FOR THE YEAR ENDED 31 DECEAIBER 2021 its reputation will be taken to a truly global level. Given some of the issues suffered'by many charities in past years regarding the use of third parties. services. In order to mitigate risk of guilt by asscLiatKJn, Caudwell Chikjren alongside the CEO'S long-term slralegy developed in 2007, the charty onty works wrth a lirnrted number of long-term third p3ty Service providers. We continue to build partnerships wrth councils and local authorrties, grant lunded and commis510ned Services wrth NHS and Energy trus15 lo dèvelop and delivering seNices with their own teams urhder CQC regulalions and ISO standards. Donor Risk. cau¢￿11 Chil￿￿n c(Mtinues lo devdop its donor base through hfv3h profile events s￿￿ as the annual ball, regular events. ChaI￿nge$. social media and PR coverage and fundraising ¢ampaigt)s. COVID 19. The ¢harty has routinely carried oul full and ever evolving risk assessments from vèry early in 2020 and continued throughout 2021 and into 2022. We will continue lo monitor and evaluate for as long as is required into the future. These include the viws'5 effeds on all of the above as well as our da1￿ working practices both within ari¢S oulsicle ol the CICC. AII government advice and best pract￿ is r￿nItored and then incorporated into the daily working environment and respon5ibilrties as is most approprie to the circumstances. The trustees are very aware that the future strategy may well need to be adapted to take into account the internal and exteinal impact of the Wfus. The income and cash flows have and will be impacted by what can and cannot be pemiitied In the near future. However, the Tiustees, CEO and Senior Off￿erS are comprised of detemiined professionals who will adapt lo these new challenge5 and ènsure all factors are monitored and observed and fed back into all future planning and development. All of these positions are recorded in a risk ￿lster. which will continue to be fom)alty reviewed by the Trustees every year and is regularly monitored by the CEO and Senior officers as part of the ISO & CQC process. The major finan¢ial risks are each subject to ongoing monitonng and management. Major proiecis have formal project leads that scrutinise their prc¥Jress and ensure they are properly planned and implemented overseen in various meetings as noted *Mhin thi5 document. The internal audit funclion delivers a rolling programme of risk-based audrts independentty assessed annually through our.exiernal inspection, which revwts progress of audits and follow-up by management. The Charrty works closety with its appointed Audit team lo mitigate financial risk t)olh on sts CU￿￿nI active pr¢>arammes and on all future ventures. Commercial Activities Throughout 2021, we continued to Tevpw and devew plans for trading actiwlies including commercial sponsorships and product sales. We wll continue to review trading income and the establishment ol a tradin9 company taking into ￿)Unt the general econorn￿ climate and Icokw lo maximise brand alignment and positionin9. Fundraising Activities Following the irnplemenlat￿n of the Char￿"e5 (Protection and s￿la1 Investment PSI) Aci 2016, the Charity has feviewed Its fundraising aclivities and conffimis that it cL%nplies with the regulation. The Charity did not make use ol any external fundraisers. No ¢(xnplaints were received in respect ol ils fundraising activities. Ethical Awareness As Trustees., our principle responsibilty is to act in the best Inte￿$ts of the aims and objectives of the Charity. Cau<fv4ell Chiklren's belief is al alktimes to WOTk wth companies who hold similar ethical values to Caudwell Children. As Trustees, we will take all reasonable steps. to ensure all potential inve51menls, are done so as lo avoid investing in or with businesses where". 20

CAUDWELL CHILDREN {A COMPANY LIMITED BY GUARANTEEI TRUSTEES, REPORT (INCORPORATING STRATEGIC REPORTI Icontinuedl FOR THE YEAR ENDED 31 DECEMBER 2021 such investment might cor¢llict, Of be inconsislenl. with Ihe aims. objecbves or ￿lI￿lieS of CaLidwell CMiSdren'. such investment might hamper the work of Caudwell Children either by alienating financial supporters or PDlenlial financial supporteis., or by having a material impact on applications from families In need ol the Charity's services., Such investment is c￿$￿￿ered lo be unelhical. STATEMENT OF TRusfEE'S RESPONSIBILITIES As Trustees Iwe are also flire¢lors of Caudwell Children for the purposes of company law) we are responsible for preparing ihe Trustees, Report and the linancial slalemenls in accordance with 8ppli¢able law and United Kingdom Accounting Stsndards (Uniled Kingdorn Generally Accepted Accounlin9 PraCt￿e1. Company law Tequires the Trustees lo prepare financial statements for each linancial year which give a true and fair view of Jhe state of affairs of the charitable company and of Ihe Incoming resources and appI￿ation ol resources. including the income and expenditure, ol the charitable Company lor ihal period. In preparing these financial statements. we the Truslees are required to.. Select suitable a¢¢ovnling and Ihen appty them consistenuy.. Observe ihe melhfxls and principles in the Charities SORP", Make judgements and esbmates that are reasonable and prudent". State whether applic?ble LIK A¢¢ounling standards have been folk)wed. subject to any material departures disclosed and explair￿1 in the financial slalemenls- Prepare the financial statemenls on the going ¢oncern basis unless it is inapprwiate lo presume that the Charitab￿ company wll contsnue in business We. the Trustees, are responsible for keeping proper accounling records that disclose wilh reasonable accuracy at any lime of the h"nancial position of the chantable company 8nd enable them lo ensure that the financial statements comply wth the Companies Act 2006. We are also iesponsible for safeguarding the a55ets of the charitable company and hen¢e for taking ￿asonable steps lor the prevention and dete¢lion of fraud and other irregLElarilJes. In $0 lar as we are aware. There is no relevant aLKlil inf¢xmation ol wh￿h the Charitab￿ company'5 audilor is unaware; and We, the TrLtslees have taken all Steps that we ¢wghl lo have taken lo make ourselves aware ol any relevant audit infoimation and lo establish that the autjitor is aware ol that information. Auditors Haysma¢intyre LLP offer themselves lor re-appointment al the next Annual General Meeting. Approval This Trustee's Report, incorwrating the Slrale9ic ReFN)rt. was approved by Ihe Trustees on 16 Septeml)er 2D22 and signed on ils behalf. by.. C 8enngtt Tru$t¢e 21

CAUDWELL CHILDREN (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS AND TRUSTEES OF CAUDWELL CHILDREN Opinion We have audited the financia staterr￿ts of Cau(Iwell Children for the year ended 31 December 2021 which comprise Group Statement of Financial ActNitie5, Group and Charitable company Balan¢e Sheets, the Group Cash Flow Statement and noles lo the financk31 ststements, including a surnmary of significant accounting policies. The financial reporting framework that has been applied in their p￿paratiOn is applicable law and Unrted Kingdom kcounting Standards, Including Financial Reporting Standard 102 The Financ￿1 Reportin9 Slandaftl applicable in the UK and Republic of lTrland Iuniled Kingdcn General￿ Accepted knounling PraGti¢el. In our opinion, the financial statements.. give a tnje and fair view of the state of the group's and of the parent charrtable company's affairs as at 31 December 2021 and of the group's and parent charrtable company's net movement in fun(Js. including the income and expenditure, for the year Ihen ended". have been properly prepa￿¢1 in a￿ordance wilh Unrted Kingdom Generally Accepled Accounting PraCt￿e., and have been prepared in accordance wilh the requirements ol the Companies Acl 2006 and Ihe Charities and Trustee Investment (Scotlandl Act 2005 and regulation 8 of the Charities Accounts (Scotlandl RegulatKJns 20(6. Basis for opinion We Conducted our audit in accordance ￿￿th Inlemalional Slantjards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilrties under those standards are further described in the Auditor's responsibilities for the audil of Ihe financkal stalements sectH)n of our report. We are independent of the group in accordance wrth the ethical requirements that are relevant lo our audit of Ihe financial slalements in the UK. including the FRC'S Ethical Standard. and we have fulfilled our other ethical responsibilities In accordance wrth these requirements. We believe that the audrt eVIder￿ we have obtained is sufficient and appr¢)riate lo provide a basis for our opinion. Conclusion$ relating to going ¢on¢em In auditing the financial statements. we have concluded that the Iruslees. use of the going concem basis of accounting in the preparation.of the financial statements is appropriale. B8se<l on the work we have perforTned, we have not identrfd any material uncertainties relating lo events or Condit￿3n5 that, individualty or collectively, may cast significant doubt on the group's ability to continue as a going concem for a perroj of at least twelve n￿nthS from when the financial slalements are authorise¢J for issue. Our responsibilities and the ￿sponSibl11t1es of Ihe trustees with respect lo goiThJ concem are describeil in the relevant sections of this report. Other inlomation The trustees are resporsible for the other information. The other information comprises the information included in the Trustees, Annual Repcjrt. Our opinion on"Ihe financial slatements does not ¢over the other infofmalion and, ex￿p1 to Ihe extent otherw5e explicrtfy slated in our report, we do not expiess any form ol assurance concluS￿n thereon. In connection wrth our audrt of the financial statements. our re5ponsibilty is lo read the other information and, in doing so. consider whether the other infomiation is mater￿lty inconsislenl with the financial statements or our knowledge obtained In the audrt or otherwise appears to be materially misstated. If we identify such material Inconsistencies or apparent material misslalemenls, we are required lo delemine whether Ihere is a material misstatement in the financial slalemenls or a material misslalemenl ofthe other infomiatk)n. If. based on the woth we have performed, we conclude that Ihere 22

CAUDWELL CHILDREN (A COMPANY UMITED 8Y GUARANTEEI INDEPENDENT AUDITOR'S REPORT TO THE MEM8ER& AND TRUSTEES OF CALIDWELL CHILOREN is a matefial misstatement of this other informalion, we are required to report that fact. We have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course ol the audrt". the inlormation given in the Trustee5' Annual Report (which Tr￿lUdes the strategic report and the directors. report prepared for the purposes of company lawl for the financial year for which the financial slalemenls are prepared is consistent with Ihe financ￿1 51alements". and the straiegic report and the directors. report tnclude(I wrthin the Trustees. Annual Report have been prepared In accordance wth appl¢cable legal requiremenls. MatteTs on which we are required to report by exceplion In the Ight of the knwledge and understanding of the group and the parent charitable company and its environment obtained In the course of the audit, we have not Mlentified material misstatements in the Tru5teés' Annual Report (wh￿h incorporates the strateg+c report and the directors. report). We have nothing to report in respeci of the following matters in relatK)n to which the Companies Act 2006 and the Charity Account5 (Scotlandl Regulalions {as amended) require us to report to you if. in our opinion.. adequate accounting records have not been kept by the parent charTtable company,. or the parent Charrtable company finan¢wil $tatement5 are not in agreement wrth the accounting ords and retums.. or certain disclosures of trustees, remuneration speufied by law a￿ not made." or we have not r￿e1Ved all the information and expianatK)ns we requi￿ for our audit. Responsibilities of trustees fo.r thè linancial statements As explained more fulty in the tru5tees' responsibilrtEs statement sel out on page 21, the tnJslee5 (who are alststhe directors of the charrtable company for the purposes of company law) are ￿sponsible for the pieparation of the financial statements and for being 5ali5fied that they give a true and lair view. and for su¢h intemal control as the trustees detemiine is n￿SSary to enablethe preparatKJn of financial statements Ihat are fFee from material misststement. whether due to fraud or error. In preparirwJ the financial stalen*nts. the trustees are responsible for assessing the group's and the parent charitable company's abilty to continue a5 a goin9 COn￿rn. discbsing, as applicable. matters related to going concern and Using the going ¢on¢ern basis of accounting unless the trustees erther intend lo I￿￿ldate the group w the parent charitab￿ c(mpany or to cease operations. or have no realistic altemative bLrt to do so. Audltor's responslbilltles for the audlt of the financial ststements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from mater￿1 misstalement, whether due to fraud or error. and to issue an audilor's report that includes our opin￿n. Reasonable assurance is a hiyh level of assurance, but is not a guarantee that an audit conducted in accOrdan￿Wrth ISAS IUKI will a￿vayS detect a rnalerial mi55tatement when it exists. Misstatements can arise from fraud or error and are conS￿ered material rf, individualty or In the aggregate, they could reasonabty be expected to influence the econom￿ decisions of user5 taken on the basis of these financial statwnents. Irre9ularities. including fTaud. are instances of non<ompliance with laws and regulations. We design procedures in line wilh our re5ponsibilrties. outlined above, lo detect material mis5talemenls in respect of irregularities, including fraud. The extent to which our pr￿edU￿5 are Capab￿ of detectin9 irregularities. including fraud is detailed bek)w." 23

CAUDWELL CHILDREN {A COMPANY LIMITEO BY GUARANTEEI INDEPENDENT AUOITOR'S REPORT TO THE MEMBERS AND TRUSTEES OF CAUDWELL CHILDREN Based on our underslanding of the group and Ihe environmenl in wh￿h it operates. we idenlrfd that the principal nsks of non-¢omplian¢e wrth laws and regulations related to charity and company law applicable in England, Wales and Scotland, and we considered the extent to whth non-compliance rn19hl have a malerk41 effect on Ihefinancial ststemenls. We also considered those laws and regulations that have a direct impact on the preparation of the financial slemenls such as the Companies Act 2006. the Charities Act 2011 and Ihe Charilie$ and Twstee Investment (Scotlandl AGI 2005. We evaluated management's incentives and opportunrtie5 for fraudulenl manipulation of the financial statements (including the risk of override of conlrolsl. and detemiined that the principal risks were relaled.to revenue recognition and management overrkle ot controls. Audit procedufes perfomied by the engagement team included.. Inspecting corresporKlence with regulators and lax aUth￿1t￿. Discussions with management including consKle(atKJn of known or suspected instances of non- compliance with laws and ￿￿latIon and fraud" Evaluating management's controls desKJne<l lo prevent and delect irregularrties., Identifying and testing journa15, in particular joumal ent￿5 posted with unusual amount5, postings by unusual users or wlh unusual descriptions". and chaI￿rIgIng assumpt￿￿$ antl judgements made by management in Ihew crilical accounting estimates. Beeause of the inherent limitatKJns of an audrt. there is a risk that we will not detect all irregularities, Including those leading lo a material misstatement in Ihe financial stalemenls or non<ompliance wilh regulalion..This risk increases the more that complkince with a or regulation is removed from the events antl transactions reflected in Ihe financial stslement5. as we will be less likely to becorne aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due lo fraud rather than error. as frau(J Inv￿Ve$ intentional concealme.nt. forgery. ￿lIus￿n. omission Of mtsrepresentatKJn. A further dv3cr1pt￿n of our responsibilities for the audil of the financial sL*em8nts is. bcated on the Financial Reporting Council'swebsile at.. www.1rc.or .uklauditorsres nsibilrties. This descripl)on form5 part of our auditor's report. Use of.our report This report Is made solety to the Charilable company's members. as a body, in ￿CordanCe wilh Chapter 3 of Part 16 of the Companies Act 2006, section 44111{cl of the Charities and Trustee Investment (Scollandl Act 2005 and regulation 10 of the Charities Accounts (Scollandl Regulations 2006. Our audrt work has been undertaken so that we might state to the char7table company's members those matters we are required to state to them in an Audrtorfs report and for no other purpose.. To the fullest extent permilled by law. we do not accept or assume responsibilrty lo anyone other than the chartsble. company and the charitable company's members as a body. for our audit work, for thi5 report, or forthe opinions we have formed. Murtaza Jessa ISenM)r Slaltrtory Auditor) For and on behaw of HaysmacirilY￿ LLP, Slalutory Audilors Date 26 September 2022 10 Queen St￿1 Place London EC4R 1AG 24

CAUDWELL CHILDREN IA COMPANY,UMITED BY GUARANTEE) CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITES INCLUDING INCOME ANO EXPENOITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2021 Unre$tri¢led general fynds Degion•ted fvnds Re¥tricted funds Totsl 2021 Total 2020 Income from.. Donations & Legarye5 Rais￿9 fvnd5 92.889 2.796.470 . 2.283.214 981,579 2.376.103 3,778.049 2,541,718 1,118,683 In¢cme from Invesbments 3.807 3.807 10.026 Totsl 2.893.166 3.264,793 6,157,959 3,670.427 enditure on= Raisin9 Funds Costs of events 515.S13 761,558 656,057 Chariiable a¢tlvrties Children in the communty AdvKe and Awarene5S 574.542 550.351 3.394.809 288,918 3.969.351 839,269 3.574,283 681,591 Total 1.640A06 3.929.772 6.S70.178 4,911,931 Net Income befo￿ transfers 1.2S2.7 1664.9791 $87.781 11,241.5041 Tianslers bèfvrten f￿d$ 12 1110,0001 110,1)00 N•t mov•mnt in fvnd$ 1,252.760 1110,0001 1554.9791 587.781 11.241.504) Total funds brought forward 1729.354 278,295 20.143,163 23,150,812 24.392.316 Total funds ¢arrled lorward 3.982.114 168.295 19.588.184 23.738,593 23, 150,812 All of the above resu115 are derived from continuiryJ actwrt￿S. There were no other rewJnised gains or losses other than those state11 above 25

CAUDWELL CHILDREN (A COMPANY LIMITED BY GUARANTEEI BALAN¢E SHEET COMPANY NO. 3864620 AS A T 31 DECEIA8ER 2021 Group 2021 GTOUP 2020 Charity 2021 Charity 2020 Fixed Assets Tangible assels 15,796.004 16.282.846 15.796.004 16282.846 Investment in CCG D8B Ltd Currentassets Debtors Cash al bank in hanfl qo 2.124.796 7.933.867 1.231,833 8,660,246 2.124,796 7.929.846 1,231,833 8.854,749 10.058.663 9.892.079 10.054.642 9,886.582 Credilors.. amounts fating tlue 11 thin c￿e ye 12,116.074 13.024.113) {2.112,0541 13.076,3111 Net current assets 7.942.589 6.867. 7,942,588 6,810.272 Net assets 23.738,593 23.150.812 23.738.$93 23.093,118 Income fLbnds Restricted lunds Oesignaled lunds UnTestrieted funds. 12 19.588.184 168.295 3.981114 20.143.163 278.295 2.729.354 19,S88,184 20.143.163 168,295 278.295 3,982.114 2,671,660 23,738,593 23,150.812 23,738,593 23,093,118 The nel movèment in funds for the year relalin9 to the Pa￿nt charity alone amounted to a Surplus of £645,47512020. deficit £1.299.198) The financial siatemenls were approved and authori5ed for i55ue by the Board of Twslees on- 1610912022 and were signed below on its l)ehalf by. C Benrsell Trustee 26

CAUDWELL CHILDREN (A COMPANY LIMITED BY GUARANTEEI CONSOUDATED STATEMENT OF CASH FLOWS AS A T 31 DECEAIBER 2021 Group 2021 Group 2020 Cash used In operalfjn9 activltfjes 15 {701,0911 911,972 Cash flows from activlties Interest 1rnc￿ne Purchase of tangknk fixed a558ts . invesling 3.807 129.0951 10.026 1744,2591 Cash us•d in in¥•sting a¢tivitig5 125,2881 1764.2331.. Cash Ilows Irom financing actlvitles Cash used in financiThJ ac*'vities Increase Idecreasel In cash and rash ¢qufiv•lents In Ihe year 1726,3791 147,739 Cash and cash equivalents at the beginning of the year 8.660.246 8.512.507 Total ¢ash and cash eouivalents at the end of the year 7,933,867 8,660,246 Analysis of cash and ca$h equivalents 2021 2020 Cash in hand 7.933.867 8,660,246 Totsl cash and cash equivalents 7.933,867 8.660,246 The accompanying notes form part of these financial sLrytements. 27

CAUDWELL CHILDREN IA COMPANY LIMITED BY GUARANTEE} NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEAIBER 2021 ACCOUNnNG POLICIES Basis of Preparation The financial statements have been prepared in accordarKe with Aecounling and Reporting by Charities. Statement of Recommended praCt￿e applicable to charities prepartng their accounts in accordance with the Financol Reporting Standard applicable in the UK and Republ￿ of Ireland IFRS 1021 leffeclive 1 January 20151- (Charrties SORP IFRS102)I, the Financial Reporting Standard applicable in the UK and Republ￿ of Ireland IFRS 1021 and the Companies Act 20¢%. Caudwell Children meets the de[inrt￿n of a publK benefrt enlty under FRS102. Assets and liabilities are initially recogni5ed at hislor¢al cost or transaction value unless otherwse stated in the relevant accounting pcdicy notes Going Concern Given the charitable company's faVoUrab￿ fundraising record the level of free reserves available al ttie year end. the Trustees consider that the Charrtab￿ company h35 adequate resources to continue in operalional existence for the foreseeable future. Accordingly. the financial statements have been prepared on a going concem basis. Additk)nal post year end COVID slalements have been included wrthin these financial reports and have been taken into consideratK)n by the trustees in making this Going Concern sL*ement. Basis of Consolidation The"financial statements consolKlale the resulls of the charity and its wholly owned subsidiary CCG 0&8 Lt¢J on a line-by-line basis. A separate Sialemenl of Financial Activities and Income and Expenditure Accounl for the charty has not been presented because the charity has taken advantage of the exeMpl￿)n afforded by section 408 of the Companies Acl 2006. 28

CAUDWELL CHILDREN IA COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS l¢ontinuedl FOR THE YEAR ENDEO 31 DECEMBER 2021 1. ACCOUNTING POUCIES I￿ntinued) Incorne Income has been recognised gross on the basis ol entrtlement. probability and measuremenL Donation5 and other form5 of voluntary ¥K(Mne are recognised as in￿ming resources when receivable. except insofar as they are incapable of fina￿la1 measurement. For legacies, entitlement Is taken as the earfier of the date on which erther." the charity is aware Ihat probate has been granted. the estate has tttn finalised and notth¢ation ha$ been made by the executorlsl lo the Trust that a distribution will be rriade. or when a dr5tribution is receNed the estate. Gifts in KirKI ineome represents various services donated free of charge lo charty in relation to all of its activities including the Butterfiy Ball. This income is onty included in incoming resources when il can be rdiabty eslirrwted. Investment Incom• Investment income renects Ihe amunt receNable for the year. Expenditure Expendilvre is reMgnise<l on an a¢¢Nal$ basts. Costs of raising funds are those costs incurred in attraciing volunlary income, in particular grant fundirrfJ and the costs of maintaining the Charity's profile wifhin the seclw. Costs are apportK)ned on the basis of hours worked. Expenditure feLeting to Children in the Community. is the element of eXpendrtv￿ directly incurred in performing these aclivbt*s. ProvisKJn is made for grants when.approved by the Trusteeslmanagernent. Governance costs include those Costs incurred in the govemance of the Charrty's assets and are primarily associated wilh conslrtutional and siatutory iequirements. Governance costs a￿ now allocated lo charitable activiti'es in lull. Foreign ¢urrnncies Transactions denominaled in fown Currenc￿ are translated al the rate of exchange prevailing at the lime of the Iran$&tion. Forwgn currency balan¢es are translated at the rate of exchange prevailing at the Balance Sheel date. Foreign exchange gains and losses incurred in respect of SerV￿e provision are included in the SOFA wrthin chartsble aGtivty expenditure for the period in whi¢h they are incurred. Tanglble fixed assets and depreciation Tangible fixed assets are stated at cost less depreciation. The financial thTesholY for ¢aprtalising an asset is £1.000. Depre¢iab"on is provided at rates calculated to write off the cost ￿sS estimated res￿￿al value ol each asset over its expected useful life. as follows." Fixtures, fittings & equipment Value of leasehold Buildings 36 months slraight line 125 years slraighl line 50 years straight line 29

CAUDWELL CHILDREN (A COMPANY LIMITED 8Y GUARANTEEI NOTES TO THE ACCOUNTS {continuedl FOR THE YEAR ENDED 31 DECEMBER 2021 ACCOUNTING POUCIES {continuedl Aceumulated funds UnreSt￿le￿ funds are genefal fuThJs that are available for the use at the TnJstees' discretion in furtherance of the objectives of the Charty. Restricted fLtnds are subject to specffic conditK)ns by donors as to how they may be used. The purposes and uses ol the restricted funds are set out in the noles to the accounts. Designated funds comprise unrestricted funds which have been sel 85ide by the Trustees for particular purposes. The aim and use of exh designated fund is set oui in the notes to the rinancial statements. Penslons .The pension costs in respect of the defined contribution scheme charged in the financial statements represent the contributions payable by the Charity in the year. The scheme is closed to new rnember5. The Charity also operate$ a siakeholder pension Scheme open lo all employees. TaxatioTr As a registered charity, CaU￿ell Childfen is wtentialty exempl ftom taxation on its income and gains falling within s505 Income & Corporation Taxes Act 1988 and $256 Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable purposes No tsx tharge has arisen in the year Financial instfurnents Basic financial instruments a￿ initially recognised at transaCt￿n value and subsequently measured at amortised with the exception of investments which are held at fair value. Financial a55els held al amortised Cost Comprise cash at bank and in hand. logetherwilh trade and other debtors. A specifi¢ provision is made lor debts for wh￿b recoverabilty is in doubt. Cash at bank and in hand is defined as all cash held in instsnt a¢¢e$s bank a￿OUnts and used as working capital. Financial liabilitie5 held at amortised cost comprise 1 creditors except social security and other taxes and provisions. Debtors Trade and other debtors are recognised at the settlement amount dve after any trade di$wunt offered. Prepayments are valued at the amunt prepaKJ net of any trade discounts due. Cash at bank and In hand Cash at bank and cash in hand In￿L￿e5 cash and shcwt tem highty I￿Uld investments. Creditors and provisions Cred¢tors and provisions are recognised where Ihe charty has a present obligation re5utting from a pasl event th will probably result In the transfer offunds to a third party and the amount due to settle the obligation can be measured or estimated reliabfy. Credrtors and provisions are normally recognised at their settlement am(￿nt after alkxving for any trade discounts due.

CAUDWELL CHILDREN (A COMPANY UMITED 8Y GUARANTEEI NOTES TO THE ACCOUNTS Icontinuedl FOR THE YEAR ENDED 31 DECEMBER 2021 1. ACCOUNTING POUCIES (continued) Employee benefjts Short term benefrts Short term benefrts including pay afe recognised as an expense in the perK)d in wh￿h the service is received. Employee temiination benefits Temiination benefits are acccmjnted for on an accwal basis and in I￿e wrth FRS 102. Donations & Legacies Unreslricted Designated Restricted fund$ funds funds Total 2021 Donations and gffts 78.198 1.227.246 1.305.444 Gifts in kind 14.691 14,691 Grants receivable for core aclivrties 1.055,968 1,055.968 Grants receivable for capital pr¢4ect 92.889 . 2.283.214 2.376.103 acies Unrestricted Designated Restricted funds funds funds Total 2020 DonalKJns and gtlt5 727.576 830.528 1.558.104 Gifts in kind 8,679 8,679 Grants recewable for core activities 958.268 958,268 Grants receivable for apital proje¢l 16.667 16,667 736,255 1.805.463 2.541,718 31

CAUDWELL CHILDREN IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE ACCOUNTS l¢ontinued) FOR THE YEAR ENDED 31 DECEMBER 2021 Other Trading Activities 2021 2020 Other Trading Activities Costs of events 3.778.1)49 1.118,683 1761.5581 1656.0571 3.016,491 462,626 Included wrthin the above is £981.57912020.' £123.1311 raised for rest¥￿ted purposes Income from Investments- unrestrkted funds 2021 2020 Interest receivab 3.807 10,026 Expenditure Slaff Depreciation costs Other Costs Grant funding Total 2021 Expendilure on raisin9 funds Cosls of Events 297.252 761,558 Expenditure on Charitsbl¢ a¢tivity"¢$ Children In the community ActivilEs undertaken diredly Adwce and Awareness 61.691 836.361 1.807.480 1.869.171 2,100,180 839.269 S15.937 747.882 349.048 490,221 Totsl 1.644.352 515,937 1.702,409 1,807,480 5.570,178 32

CAUDWELL CHILDREN IA COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS l¢ontinued} FOR THE YEAR ENDEO 31 DECEMBER 2021 2020 Com arative Ex nditure Stsff D•prt¢l•lltyi Costs Other ¢osts Grant nding Total 2020 Expenditure on raising lunds Costs of Events 347.085 308,972 656,057 Expenditure on Charitable activities Children In the community ACtI￿tieS undertaken di￿¢11Y Advi￿ and Awareness 78.302 768.364 363.789 1.615.661 1.693,963 1.880,320 681,591 506.415 585.541 317.802 Totsl 1,577,540 5(6.415 1,212,315 1,615,661 4,911,931 Included in Ihe above charitable expenses were Governance costs including anKJunts payable to the auditors of £20,274 incl. VAT12020. £13,645). In¢luded in the above Other Cost5 are Supwrt Costs of £856.126 12020.. £808,082). The support costs are apportioned based on time spent.on charty act￿rtieS. Net movement in funds 2021 2020 This is stated after charging". Depreciation ol tsngible fixed assets". - owned by the charity 515,937 51K.415 Auditors. reM￿nerat￿n - audit 20,274 13.645 Pension c05t5 70,206 64,912 33

CAUDWELL CHILDREN {ACOMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS Icontinuedl FOR THE YEAR ENDED 31 DECEMBER 2021 Grants payable Total 2021 Total 2020 Reconciliation of grants payable Comm(Imenls * 1 January 2021 Grants awarded in the year Amounts paid in the year 1.053,386 898,734 1.807,480 1.615,661 11.710,1761 11,461.0091 Commrtmenls at 31 December 2021 1.150,690 1,053,366 Commi(menls at 31 DeLember 2021 are payable as follows.. Wrthin one year After more than one year 1.150,690 1.053,386 1.150,690 1,053,386 Tru$tees No Trustees were paJ remuneration 2021 (2020 -.£Nill. No Truslee Expenses were paid out in 2021 12020 £Nill. Slaff Costs Number of employees The average headcount of empees during the year was.. . 2021 2020 Fundraising and chafitable activrties. 62 58 Wages and salanes Social security costs" Other pensp)n costs 2,236,796 220,633 70.206 2.106,407 210,093 64,912 2.527.635 2.381,412 34

CAUDWELL CHILDREN IA COMPANY UMITED BY GUARANTEEI NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 37 DECEMBER 2021 The number of ernployees whose annual emo1ury￿ntS were £60.000 or more was.. 2021 2020 £60,000 - £70,000 £70,000 - £80,000 £80,000 - £90.000 £90.000 - £100.000 £110.000- £120,000 £130,000- £140,000 £140.000- £150.000 £160.000- £170.000 £240,000- £250,000 £280,000- £290,000 The above barxlings ¢omprise of Basi¢ pay + Bonus + all P11D Beneffts. The Bonus figures include amunls that although eamed and accr￿ within the financial year may not be paid out for several years as they form part of long temi cumulative targets. The Key management personnel of the parent charity compiise Ihe Truslees. the Chief Executive Officer and the Executwe team. The l¢)tsl employee benefits of the key management personnel of the charity weie. £1.228.44212020. £1,145,143) The above figures comprise of Bas￿ pay + Bonus + all P11D Benefrts + employers NIC + employers pension. The above wages and salaries figures include ￿￿Un￿arbcY paynwnts of £3,264. There were no oUts￿r￿Ing redundan¢y liabilrties as at the year end. 35

CAUDWELL CHILDREN IA COMPANY LIMITEO BY GUARANTEEI NOTES TO THE ACCOUNTS (continued FOR THE YEAR ENDED 31 DECEMBER 2021 Tangible Fixed Assets- Group and Charity Fixtur• Fittings & .Equipm•nt Land & Buildin9S- Total Assets Cost At 1st January 2021 632.496 16.801 ￿65 17.434,365 Addi(ions 33.030 13.9351 29.ogs thsposals 665.526 16.797,934 17.463,460 Depreciation AI 1S1 January 2021 440.709 710,810 1,151.519 Chafge for the Year 157.071 358,866 515.937 Disposals S97,780 1.069.676 1.667.456 Net Book Value Al 31sI December 2021 67.746 15.728.258 15.796.004 Al 31st December 2020 191.786 16.091.060 16.282,846 10. Debtors Group 2021 Group 2020 Charity 2021 Charity 2020 Sales ledger control account Olher debtors A¢¢rtJed income Prepayments Inler-company debtor 1.861.953 499 110.001 152,342 234.929 1.861,954 499 110,001 152,342 234.929 1,064 830,529 165.311 830.529 165.311 2.124.796 1,231,833 2.124.796 1,231,833 Sales Ledger Conlrol Account is high at 3111 December 2021 due lo a Butterfly Ball taking place in Novembef 2021 along with a major dOn*￿n being inVo￿ed in December 2021 and paid in March 2022. See note 14. 36

CAUDWELL CHILDREN (A COMPANY UMITED BY GUARANTEE) NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2021 11 Creditots: amounts falling due within one year Group 2021 Group 2020 Charlty 2021 Charity 2020 Tr8de credrtors Grants payable Other credrtOf5 Accruals Other tax and s¢xial secuiity Deferred Income Intef-company ¢redilof 170,064 1,150.690 1S.468 654,323 67.124 58.404 93,345 1,053.386 1.147.246 560,645 87.621 78.870 170.064 93,346 1.150.691 1,053,386 15,468 13,364 650,323 556,645 67.103 70,220 58,404 78,870 1,207,480 2.116.072 3.024.113. 2,112.054 3.076,311 No deferred incomè was brought fO￿ard and released during the year. 12 Funds The in¢m funds of the chanty include restricted funds comprising the foll(yM"ng unexpended balances of donations and grants hekl on trust for specrfic purposes. Mov•m•nt in fund$ Bal•n¢* at 1 J•nuary 2021 8alan¢g at 31 Dec•mber 2021 In¢•m• expendlture Charity Building Treatment, Therapy & Equipment Iinc ltheefchaws) Autism Services Digital Skills Sports Equipment Big Lottery Scotland Local Family Support Short Breaks Spirit 012012 Wami Homes BVJ Lottery - GSP Barclay5 - GSP SDR & Appeals Lrfe Changers Circle Admin & Mana ement Total 17.618,179 486,348 17,131.831 1.120.589 592,928 12.655 91.435 12.979 1,132 42.446 34,414 8.037 44.510 75.188 388.671 100.000 703.609. 782,263 66.884 135.456. .587,493 853,473 84.929 117,379 12,978 2120 52,112 65,359 117,180 44.510 75.188 103,457 100.000 1.227.246 3.929.772 1,236,705 521.718 -s,390 109,512 1,155 43.939 33,900 111,493 167 34,273 ' 2,955 2.350 ,180 212.668 1.227.246 3.374.793 341.394 212,668 20.143,163 19,588,184 "Includes £110.0ts) transfefred from UnreStr￿ted as"mat¢h fvnding in relation to the criteria of an awarded Grant. 37

CAUDWELL CHILDREN IA COMPANY UMITED BY GUARANTEEI NOTES TO THE ACCOUNTS {continued} FOR THE YEAR ENDED 31 DECEMBER 2021 2020 Com rative movement in restricted fijnds Movernerit in lunds Balance at 1 January 2020 Balance at 31 Decemb•r 2020 Incorne Expenditum Charity Building Destination Dreams Treatment, Therapy 8 Equipment linc Wheekhairs) Autism Services Sports Equipment BNJ Lottery ScotLand Lo¢al Family Support Dgital Skills Short Breaks Spirit 012012 Warm Homes Big Lottery- GSP Barclays - GSP SDR 8 Appeals Lrfe Changers Admin & Man Total 18,081. 143 1.474 16,667. 479.631 1.474 17.618,179 1,361.692 1.208.681 36,584 ' 12.979 4,198 63.250 33.771 345.586- 181.921 137.401" 586.689 797,674 82.550 1,120,589 592.928 91,435 12,979 1,132 12.655 42.446 34.414 8,037 44,510 75.188 388.671 100.000 3,333 32.250 31.083 34.414 45.565 68,728 100.000 111.119- 1(￿,000 830,528 1038.$95 6.398. 82.845 22.408 37.528 24.218 24.812 124.612 402,164 emenl 830,528 3.101.367 21.205.936 20,143,164 "Includes £110.000 transferred from unrestncted as match funding in re￿t￿n to the criteria of an awarded Grant Charity Bullding The Charity made a long4emi commrtment to develop a purpos&buill specialisl children's cenlre, designed in consuttation wrth children and families it is a kgndrnark in inclusive design, demonslraling accessibility for people wi(h both phy5ts1 disabilrties and" neurodtverse condrtions. In order to meet the costs of the project and ongoing a$s￿￿?ted costs the Charity undertook specific fundraising and appeals to generate the significant funds required lo make the vision a reality. The new building officially opened in 2019 and Ihis restricted fund will reduce in value of the nexi 50 years as the caprtal prqect is depreciated. Destination Drearns The Destination Dreams Programme provided a holiday for families whose children have lrfe limiting illnesses. The programme provided Samilies wrth something to kx)k foN48rd to. enabling children to make fr￿n1$ and have new experiences away from relentless hospital appointments and painful Irealmenl. During.our continued annual review of se￿￿e$ by our CEO and members of the executive team and drryen by In¢￿asIng costs of delivery and insurance coupled wrth the constant challenge on fvndraising. the difficult decisK)n ivas made at the December 2018 Trustee Meets'ng lo stop Destination D￿am$ SeNice. Also taking into account Ihe aval￿bility of the other ¢ha¥ty ser¥￿e$ and the need lo develop further fami￿ short breaks arKI family support services. 38

CAUDWELL CHILDREN IA COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2021 Treatment. Equipment. Theraples & Wheelchairs The Charity annually raises money lo provide children who meel the Charrty's crrteria nationally wi(h specialisl equipment such as powered wheelchairs not provKled by slatulory funding, pioneering treatment and therapie¥ and frryn 2020 our specrfically desKJned Get Sensory Packs. Included within thi8 category are 9Tants totalling £110,000 from the Edward Goslling Foundation These amounts are lo be match funded by Caudwell Children as part of an ongoing mulli-year comrnitmenl from Ihe Edward Gos114ng Foundation which will continue to be hKJhlighted in future a¢￿unIs. Autism SeThiices The Charity annualty raises money to provide chiklien who meet the Charty's criteria nationally th holisti¢ therapy and SUPF)Ort pr(yJrammes. This lom of funding was ran down through 2017 '& 2018 and was replaced by our in house. fulty CQC regulated, diagnostic, intervention and research programme, Caudwell Children ALrtism ser¥￿e ICCASI frC￿ 2019 onwards. This new wrap around serv¢ce ￿e5 p￿ce both online and wrthin the award wifining Cauowell Intemational Children's Centre. Sports Equipment The Charities Sports Equipment service Provides disab￿ chiklren and young peop￿ wrth the specolly adapted equipment they require to take part in competitwe and recrealional sports al all levels. Big Lottery Scotland- Investing in'communities -Family Support Glasgow Providing 5UPPOrt lo work with disadvantaged families who have one or more disabled child, providing support at dkAgno$is. pfovKJing 6 weeks of intensive support. Family Support Services The Charity annually raises money lo provth family support 5eryices and short break activities, at limes of crisis. Digital Skills The Charity provides digital skills training lo youn9 adurts. This trainin9 pro¥i¢Jes young people with the necessary skills to go onto further educalion or empbyment. The short term negatNe balance was caused by the payment in arrears by the initial funder. Going forward balances are all posrtive. Short Breaks The Charity 15 commissioned lo delivery short break actTrvrties by local authoritie5. These are delivered in nurnerou5 k)cations depending upon the ¥equirement of the contract. Spirit of 2012 The Chanty has been awarded three year5 funding from the West Midlands Challenge Fund. This funding is being used to support cc*nmunrty workshop5 Within the wesl midlands leading up to the Common Wealth Games lo be held wrthin Bim)ingham in 2023. Warm Homes The Chanty is working with Ihe Energy Trust on a twfyyear project lo support parents I carers of disabled chiklren INing in fuel povety. The charity is wothing with energy specialists to create a le8m of disabilily energy champions who can reach into the commissioned regions and assist these vulnerable families. 39

CAUDWELL CHILDREN (A COMPANY LIMITED BY GUARANTEE NOTES TO THE ACCOUNTS {continuedl FOR THE YEAR EAIDED 31 DECEMBER 2021 Get Sensory Packs During 2020 a new sensory pack wa5 developed by the charily to meet Ihe immediate needs of disabled children during lockdown. This project has proved to be a huge success and has received backing and fijnding frorn many areas including BarcL4ys Bank and the Big Lottery. SDR & Individual Treatment Appeals These funds have been raised to fund high value specialist treatment5 and a5s0cialed social and rehabililion costs for indmdual children. The charrty del1ve￿ several stream5 of support lor families aG¢essing SDR and FY)St-operative fehabilrtation service5 by ass151ing the families in their own fijndraising or by prowding match-funding grants in partnershp wrth other children's charities and the hospitals or rehab provKleTS delivering the interventions. The charity also supports families where necessary with all the arrangements such as hospital costs. flights. accommodatKJn and ongoing physiothérapy. Administration & Management This fund is set up to generate funds for the operating ¢ost$ of the Charity- This enab￿ monies raised on the other funds to be fulty distributed to their ￿USeS without the deduth.on of the running costs of the Charty. 12•. Unrestricted funds Included within unrestricted hjnds is £168.295 desonaled lor mch funding purposes over the next three years against grants to be provided by The Edward Gos14ng Foundatk)n. This fund was crealed as a transfer in the year5 2018 & 2019 from general funds As * the year end Ihe Charity had unrestriGted general fvnds £3.982.114. 13 Anatysis of net assets between funds Unrestricted Designated. Restricted funds funds funds .Total Fund balance5 at 31 December 2021 are represented by= Tangible fixed assets Tangible fixed assets under construction Cuirent assets Creditors. amounts falling due wi(hin one year 67.746 15,728,258 15,796.CKJ4 4.879.751 168.295 5.010.617 10.058.663 1965.3831 {1,150,6911 12,116.0741 3.982.114 168.295 19.588.184 23.738,593 40

CAUDWELL CHILDREN IA COMPANY LIMITED BY GUARANTEEI NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2021 2020 Com aralive anal sis of net assets belween furKIs Unrestricted Designated Restricted funds funds nds Total Fund balances at 31 December 2019 are represented by". Tangible fixed assets Tangiblè fixed assets under construction Current assets Creditors.. amounts falling dye wrthin one year 191,788 16.091.058 16,282,846 4.508.293 278.295 5,105.491 9.892.079 11.970.727) {1.053.3861 13.024,1131 2.729.354 278.295 20.143.163 23.150.812 ,14 Related parties Tolal donations receNed from John Caudwell during the year were £1.404.604. {.2020'. £944,245). including of £1,227,246 before yew end wh￿h was received in March 2022. 15 RKon¢ili•tion of net rnovement in fuDd5 to net cash flow from opening activities Group 2021 Group 2020 Net movement in funds Ad¢ back (lep￿ciatiOTr cha(ge Less interest re￿￿Vat4e Decrease in debta 'IOe¢reasel in crtyjitors 587.781 11.241,5041 515.937 506,414 13.8071 110.0261 .1892.9641 709,954 19)8.0381 947.134 1701,0911 911.972 Net ca$h u$ed In op•rating •¢tyvltl*s 41

CAUDWELL CHILDREN (A COMPANY LIMITED BY GUARANTEE} NOITES TO THE ACCOUNTS Icontinuedl FOR THE YEAR ENDED 31 DECEM8ER 2021 16 Subsidlary The Whol￿ owned trading sUbsid￿ry CCG O&B Ltd was incorporated in Ihe Uniled Kingdom (company number 9436124 in 2015 and pays all of Its profrts to the chanty undef the gift aid scheme. CCG D&B Ltd opefales as a Design and Build Company with the sole lask of managing the conslruclion of the new International cent￿ for Childh￿￿ Disability The new cenlce Official￿ opened in 2019 and now hou5e5 both the charities adminislralion and delNery of ser¥￿e$. CCG D&B L.td is managed and administered on a purety voluntary basis by the'CEO and the CFO ol Caudwell Children. This ensures that there will be no subsidiary running costs incurred by the charity.and more importantty any profrfs earnt by the subsidiary will be donated back to Caudwell Children. CCG D&B is limited shares which are 100% owned by Caudwell Chiklren. None of the Oirectors of Cau¢thvell Children sil on the board of CCG D&B Ltd STATEMENTOF COMPREHENSIVE INCOME FOR THE YEAR ENDED 31 DECEMBER 2021 2021 2020 Total Turnover 1 207 965 Total Cost Of Sales 1.138.457 Gross Profit I (Loss) Administralve Expenses 8,261 4.911 Pr4)Ilt and Loss on Ordin•ry Aciivities before Taxa￿On . 240.311 64.597 Gift Aid paid 298.005 6.903 Profrt and (Lossl for th* Flnan¢lal Y•ar 157.6941 57.694 42

CAUDWELL CHILDREN (A COMPANY LIMITEO BY GUARANTEEI NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2021 CCG D&B BALANCE SHEET AS A T 31 DECEMBER 2021 2021. 2020 Current as88ts Bank vwp Debtofs 4.021 5,4 1.207,481 Totsl Current Assets 4.022 1.212,977 Creditors: amounts lalling d within one ye•r 4,021 1.155.282 Mel current assets 57.695 Net assets 57.695 Capllal and Re$er¥es Called up Share Capital Profit and Loss 57.694 57,695 17 Parent Company Dis¢losuros Income of the ¢h¥ity Ilhe parent wwanyl amounled to £6.455.W {2020.' £3.677,3291. Net movement in funds ar￿)￿nted to a surplus of £645,475 (2020.. a r￿uCtion of £1.299, 1981. 43.