**Registered number: 04007007 Charity number: 1082084**
## **CHILDREN'S BURNS TRUST**
# **(A Company Limited by Guarantee)**
## **UNAUDITED**
**TRUSTEES' REPORT AND FINANCIAL STATEMENTS**
**For the year ended 31 March 2022**
## **CHILDREN'S BURNS TRUST**
## **(A Company Limited by Guarantee)**
## **CONTENTS**
||Page|
|---|---|
|**Reference and Administrative Details of the Charity, its Trustees and Advisers**|1|
|**Trustees' Report**|2 - 7|
|**Independent Examiner's Report**|8|
|**Statement of Financial Activities**|9|
|**Balance Sheet**|10|
|**Notes to the Financial Statements**|11 - 21|
## **CHILDREN'S BURNS TRUST**
## **(A Company Limited by Guarantee)**
## **REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS For the year ended 31 March 2022**
|**Trustees**|P M Fuller CBE, QFSM, MStJ, DL, MSc, BSc, FIFireE, Chairman (died 7 June 2021)|
|---|---|
||Princess Marina Lobanov-Rostovsky JP MA, Vice Chair to 29 June 2021,
Chair from 29 June 2021|
||A Clyde IPFA, Honorary Treasurer|
||R Dobson CBE, QFSM, FIFireE (resigned 19 October 2021)|
||K Dunn BSc MBBS FRCS(Lond) FRCS(plast) FRCS(Ed), Vice Chair from 29 June 2021|
||H Mansell BA, MSc, DipFD (resigned 25 May 2021)|
||N B O'Connor CBE|
||A Tweddle (appointed 10 February 2022)|
||R Wilsher OBE, QFSM|
|**Company registered**
**number**
04007007
**Charity registered number**
1082084
**Registered office**
Potton House
Wyboston Lakes
Great North Road
Wyboston
Bedford
MK44 3BZ
**Management team**
K McGregor – Finance Manager
Mrs A Tweddle - Operations Manager (retired December 2021)
Ms J Myers – Operations Manager (appointed November 2021)
**Accountants**
Streets Whitmarsh Sterland LLP
Potton House
Wyboston Lakes
Great North Road
Wyboston
Bedford
MK44 3BZ
**Bankers**
Barclays Bank plc
188 Clapham High Street
Clapham
London
SW4 7UF
**Solicitors**
BDB Pitmans LLP
50 Broadway
Westminster
London
SW1H 0BL||
Page 1
## **CHILDREN'S BURNS TRUST**
## **(A Company Limited by Guarantee)**
## **TRUSTEES' REPORT For the year ended 31 March 2022**
The Trustees present their annual report together with the financial statements of the Children's Burns Trust for the year 1 April 2021 to 31 March 2022. The Annual Report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the Charity qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
## **Structure, governance and management**
## **a. Constitution**
Children’s Burns Trust is a company limited by guarantee, and a registered charity. It was incorporated on 30 May 2000 and was registered as a charity on 18 August 2000. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association.
## **b. Methods of appointment or election of Trustees**
The directors of the company are also charity Trustees for the purposes of charity law and under the company’s Articles of Association are known as members of the Management Committee. Currently, there are no rules regarding re-election of Trustees for specific periods or terms of office.
We were very saddened to announce the news that our Chair of trustees, Paul Fuller passed away in June 2021, after a short illness. We would like to pay tribute to this wonderful man who worked so tirelessly to raise awareness of the danger of burns, and to promote the Children’s Burns Trust. We will miss his leadership, dedication, commitment and kindness which are testament to the wonderful man that he was.
## **c. Policies adopted for the induction and training of Trustees**
All Trustees are familiar with the charity’s work and no plans for additional training are to take place. The Trustees are made fully aware of all applicable legislation changes that may require the appropriate training, if required. All newly appointed Trustees are provided with a full induction of the relevant information and legal requirements of becoming a Trustee.
## **d. Organisational structure and decision-making policies**
The Children’s Burns Trust has a committee of Trustees, who meet regularly on a quarterly basis, and who are responsible for the strategic direction and policy of the charity. Currently, the committee has nine members from a range of diverse backgrounds, covering all areas relevant to the charity.
A working group has been formed consisting of staff, advisors and several members of the Trustees, which meet on a more regular basis than that of the quarterly Trustees meeting. These meetings ensure that the charity delivers the services and projects specified and to execute the responsibilities and tasks within the charity.
Page 2
## **CHILDREN'S BURNS TRUST (A Company Limited by Guarantee)**
**TRUSTEES' REPORT (CONTINUED) For the year ended 31 March 2022**
## **Structure, governance and management (continued)**
## **e. Financial risk management**
The Trustees review and discuss, if required, at the management meetings, any major risks to which the charity may be exposed to. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces; internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health & safety of staff, volunteers, clients and visitors. If it is decided that a certain area needs to be reviewed, this will be discussed and documented at the next available Trustees meeting.
## **f. Pay policy for key management personnel**
Remuneration for key management personnel (either employee salaries or rates of pay for contracted services) is reviewed according to market rates for the services provided by staff members. No Trustees are paid for their services to the charity.
## **Objectives and activities**
## **a. Policies and objectives**
Children’s Burns Trust is a company limited by guarantee, and a registered charity. It was incorporated on 30 May 2000 and was registered as a charity on 18 August 2000. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
## **b. Strategies for achieving objectives**
The charity’s objectives and principal aim as set out in the objects in the company’s Memorandum of Association are to:
- Provide support for burn and scalded injured children and their families;
- Raise awareness to prevent these injuries, by highlighting the risks and effects of burn related injuries;
- To work alongside our partners, in educating children and their carers about the dangers of fire, hot water and other causes of burns and scalds.
## **c. Main activities undertaken to further the Charity's purposes for the public benefit**
We review our aims, objectives and activities each year. The review looks at what the charity has achieved and the outcome of our work over the past 12 months. We look at the success of each key activity and the benefits that they have brought to those groups of people the charity is set up to help. The review also helps us to ensure that our aims and objectives remain focused. The Trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the aims and objectives and in planning the charities future activities.
Our main projects and achievements and who we try to help are described below. All our charitable activities focus on the prevention, rehabilitation and support of burn and scalded children and are undertaken to further our charitable purposes for the public benefit.
Page 3
## **CHILDREN'S BURNS TRUST**
## **(A Company Limited by Guarantee)**
## **TRUSTEES' REPORT (CONTINUED) For the year ended 31 March 2022**
## **Achievements and performance**
## **a. Review of activities**
## **Rehabilitation**
## **Family Weekends**
Whilst coming out of the Covid-19 pandemic, CBT held one of the Family Weekends that is normally held in Penrith, remotely again, followed by running a further two weekends throughout the year at the Fire Fighters Charity premises in Penrith and Littlehampton. These are in collaboration with the Northern Burn Care Network and one with the London & Southeast Burn Network.
The feedback from the weekends is always overwhelmingly positive, however we have always been aware that these efforts have reached only a tiny proportion of those families who might benefit from such support.
We recognised, as a result of the regular, collaborative discussions we had with burn care professionals nationwide, that the NHS is not going to function in the way it has traditionally (as a result of the Covid-19 pandemic) and that most postadmission follow-up and rehabilitation was going to be delivered remotely.
The acceptance that working and care giving remotely would be generally expected and acceptable, which opened up the potential of reaching many of the families CBT was historically unable to help.
CBT were not able to run any face-to-face support and rehabilitation interventions during the pandemic (including family weekends). Without these events, our support and rehabilitation services as a charity were reduced. We believed that we needed to pivot and look to change the delivery of this service. We also believed that it was important that any changes we made to the delivery of the support we provided was evidence-based, acceptable, feasible and independently evaluated.
The need for support was as great as ever. Data from the international Burn Injury Database (iBID), incorporating data collected from all NHS Burn Services in England and Wales, showed that despite an initial drop in the number of incidents reported, the numbers sharply recovered, with causation trends remaining largely unchanged.
Analysis carried out in October 2019 for National Burn Awareness Day demonstrated that NHS services treated more than 30 babies and toddlers with a hot drink burn every day.
In order to begin establishing the demand for an online alternative to a face-to-face family event, and the sort of format parents would find most useful, we conducted a short survey to the members of the Private Parent/Carer Support Group launched by CBT on Facebook earlier during the year. It currently has over 100 members.
We also surveyed burn care professionals and the findings indicated that while they hoped that eventually it may be possible to return to delivering post burn rehabilitation services as they were pre-Covid, the need to develop an alternative was universally accepted.
1. To use survey findings from parents and burn care professionals to design a pilot online alternative to a face-to-face family event intervention for children with a burn injury and their families
2. To organise and deliver this pilot online alternative to a face-to-face family event to children with a burn injury and their families (with participation following referral from burn care service)
3. To evaluate the acceptability of the pilot family event, as well as the impact on the psychosocial wellbeing of children with a burn injury and their families.
4. Based on the evaluation, which will inform future events, continue to deliver this alternative family event in 2022, hosting one further ‘virtual event’ before returning to face-to-face weekends.
## **Jamboree**
Due to covid restrictions, the Jamboree did not take place this year.
Page 4
## **CHILDREN'S BURNS TRUST (A Company Limited by Guarantee)**
## **TRUSTEES' REPORT (CONTINUED) For the year ended 31 March 2022**
## **Achievements and performance (continued)**
## **Camps / Clubs**
Due to covid restrictions, no camps took place this year.
## **Prevention**
## **Burn Awareness Day**
The National Burn Awareness Day (NBAD) was held on Wednesday 13th October 2021 and was an astounding success, reaching millions of people across the UK and beyond. The importance and reach of NBAD has grown year-on-year. Hospitals, Burns Services, Community Health, Fire & Rescue Services around the country were among the many organisations that held awareness raising events. NBAD is an annual UK campaign to raise awareness of the shocking number of people burned each and every day – the vast majority of which are preventable; and to promote good First Aid should a burn or scald occur.
The team worked extremely hard in the months leading up to the day to produce helpful resources that inspired a huge variety of people to embrace and promote the day.
One of our social media posts, showing that 13+ toddlers are severely burned every day across the UK, reached more than 81,000 people in a 24-hour period. The official hashtag reached over 2 million people online, an increase from the previous year’s figure. Children’s Burns Trust would like to thank everyone who helped us towards achieving this level of awareness in 2021.
## **Burns Database**
The database has been developed to assist in two ways:
- Providing technical data for those involved in the care and support of children with burns; academics, clinicians and service planners;
- Providing a user-friendly preventative education and advice learning zone developed from reliable data
The Burn Injury Data reporting tool is now live on the CBT website, www.cbtrust.org.uk where positive feedback has been received.
## **Support**
We provide support in the following ways:
- Direct Support – in conjunction with the NHS Professionals we provide financial support to families;
- Providing Equipment to NHS burns services;
- Signposting – providing advice to families on how to access burn related information
## **Direct Family Support**
Often children with severe burns are admitted to specialist burns services in hospitals far from their home – sometime over 100 miles away. Parents coping with the trauma of a seriously ill child and trying to juggle travel, childminding siblings and their jobs can find mounting expenses a serious problem. Following referral from the relevant clinical burns specialists we help families throughout the UK to cope with these initial costs. We found that applications increased during and exiting the pandemic, with applications received from hospital burn’s units that we have not helped previously..
## **Providing Equipment / materials**
We work closely with those hospitals in the UK that operate specialist services for children with burns and scalds. As part of our work, we are committed to providing facilities and equipment which are not readily available throughout the NHS and yet are vital to the success of the long-term recovery of a child with burns; in achieving a low or pain free treatment during such recovery.
Page 5
## **CHILDREN'S BURNS TRUST**
## **(A Company Limited by Guarantee)**
## **TRUSTEES' REPORT (CONTINUED) For the year ended 31 March 2022**
## **Achievements and performance (continued)**
## **Signposting**
We can provide advice on how to access information and support if parents or carers of a burn injured child contact us directly.
## **Financial review**
## **a. Principal funding**
The principal funding sources for the charity are currently by way of grant income from Trusts, donations made by the public and external fundraising activities by our supporters.
## **b. Material investments policy**
As most of the charity’s general funds are spent in the short term, there are few funds available for long term investment, although a deposit account is in use.
## **c. Going concern**
After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.
## **d. Reserves policy**
The charity has not received any capital endowments. The Trustees therefore believe that it is prudent, when possible; to retain each year’s unspent income until an adequate expendable reserve has been established to ensure the continuity of the charity’s projects. A reserve of at least one year’s running costs of the charity is maintained where possible; funds are particularly tight this year, due to the lack of securing trust donations.
Full details of the policies for restricted and unrestricted reserves are given in note 14.
## **Plans for the future**
The charity plans to continue the activities outlined previously in the forthcoming year, subject to satisfactory funding arrangements.
Page 6
## **CHILDREN'S BURNS TRUST (A Company Limited by Guarantee)**
## **TRUSTEES' REPORT (CONTINUED) For the year ended 31 March 2022**
## **Statement of Trustees' responsibilities**
The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgments and accounting estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by:
**Princess Marina Lobanov-Rostovsky JP MA** Chair of trustees Date: 16 December 2022
Page 7
## **CHILDREN'S BURNS TRUST (A Company Limited by Guarantee)**
## **INDEPENDENT EXAMINER'S REPORT For the year ended 31 March 2022**
## **Independent Examiner's Report to the Trustees of Children's Burns Trust ('the Charity')**
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 March 2022.
## **Responsibilities and Basis of Report**
As the Trustees of the Charity (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent Examiner's Statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.
Signed: Dated:
## Linda J Lord BSc, BFP, FCA, TEP
Streets Chartered Accountants, Potton House, Wyboston Lakes, Great North Road, Wyboston, Bedford MK44 3BZ
Page 8
## **CHILDREN'S BURNS TRUST**
## **(A Company Limited by Guarantee)**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) For the year ended 31 March 2022**
|**Note**
**Income from:**
Donations and legacies
3
Investments
4
**Total income**
**Expenditure on:**
Raising funds
5
Charitable activities
6
**Total expenditure**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
Net movement in funds
**Total funds carried forward**|**Restricted**
**funds**
**2022**
**£**
**28,355**
**-**
**28,355**
**-**
**13,425**
**13,425**
**14,930**
**13,848**
**14,930**
**28,778**|**Unrestricted**
**funds**
**2022**
**£**
**59,372**
**6**
**59,378**
**14,277**
**38,136**
**52,413**
**6,965**
**59,487**
**6,965**
**66,452**|**Total**
**funds**
**2022**
**£**
**87,727**
**6**
**87,733**
**14,277**
**51,561**
**65,838**
**21,895**
**73,335**
**21,895**
**95,230**|_Total_
_funds_
_2021_
_£_
_54,502_
_88_
_54,590_
_15,003_
_62,367_
_77,370_
_(22,780)_
_96,115_
_(22,780)_
_73,335_|
|---|---|---|---|---|
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 11 to 21 form part of these financial statements.
Page 9
## **CHILDREN'S BURNS TRUST**
## **(A Company Limited by Guarantee) Registered number: 04007007**
## **BALANCE SHEET As at 31 March 2022**
|**Note**
**Fixed assets**
Tangible assets
11
**Current assets**
Debtors
12
Cash at bank and in hand
Creditors: amounts falling due within one year
13
**Net current assets**
**Total assets less current liabilities**
**Total net assets**
**Charity funds**
Restricted funds
14
Unrestricted funds
14
**Total funds**|**4,898**
**93,207**
**98,105**
**(3,124)**|**2022**
**£**
**249**
**94,981**
**95,230**
**95,230**
**28,778**
**66,452**
**95,230**|_1,356_
_75,374_
_76,730_
_(3,780)_|_2021_
_£_
_385_
_72,950_|
|---|---|---|---|---|
|||||_73,335_|
||||||
|||||_73,335_|
|||||_13,848_
_59,487_|
||||||
|||||_73,335_|
The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on 16 December 2022 and signed on their behalf by:
## **Princess Marina Lobanov-Rostovsky JP MA**
Chair of trustees
The notes on pages 11 to 21 form part of these financial statements.
Page 10
## **CHILDREN'S BURNS TRUST (A Company Limited by Guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **1. General information**
As set out in the trustees' report, Children's Burns Trust is an incorporated charity registered in England and Wales. The address of their registered office is Potton House, Wyboston Lakes, Great North Road, Wyboston MK44 3BZ.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **2. Accounting policies**
## **2.1 Basis of preparation of financial statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Children's Burns Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
## **2.2 Going concern**
The Trustees assess whether the use of going concern basis is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The Trustees make this assessment in respect of a period of at least one year from the date of authorisation for issue of the financial statements.
The UK has continued to experience a pandemic of the coronavirus throughout the year but the trustees have continued to monitor the situation and adapt the charity's activities to continue its work wherever possible. The effect of the pandemic on the charity and its future prospects cannot be fully quantified but the trustees remain committed to the protection of the organisation.
The trustees consider that the charity has adequate resources to continue in operational existence for the foreseeable future and they continue to adopt the going concern basis of accounting in preparing the financial statements.
## **2.3 Income**
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the Charity has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the Charity, can be reliably measured.
Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.
Page 11
## **CHILDREN'S BURNS TRUST**
## **(A Company Limited by Guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **2. Accounting policies (continued)**
## **2.4 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
## **2.5 Interest receivable**
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.
## **2.6 Tangible fixed assets and depreciation**
Tangible fixed assets are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives.
Depreciation is provided on the following basis:
Office equipment
-
25% per annum straight line
## **2.7 Debtors**
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **2.8 Cash at bank and in hand**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
Page 12
**(A Company Limited by Guarantee)**
## **CHILDREN'S BURNS TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **2. Accounting policies (continued)**
## **2.9 Liabilities and provisions**
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
## **2.10 Financial instruments**
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## **2.11 Pensions**
The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.
## **2.12 Fund accounting**
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Page 13
## **CHILDREN'S BURNS TRUST**
## **(A Company Limited by Guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **3. Income from donations and legacies**
|**Donations**
General donations
The VTCT Foundation
Kathleen Hannay Foundation
Sky Sponsorship
NBAD
**Legacies**
Mr F W Beale
_Total 2021_|**Restricted**
**funds**
**2022**
**£**
-
19,355
-
5,000
4,000
-
28,355
_16,254_|**Unrestricted**
**funds**
**2022**
**£**
34,372
-
25,000
-
-
-
59,372
_38,248_|**Total**
**funds**
**2022**
**£**
**34,372**
**19,355**
**25,000**
**5,000**
**4,000**
**-**
**87,727**
_54,502_|_Total_
_funds_
_2021_
_£_
_283_
_14,219_
_25,000_
_-_
_-_
_15,000_|
|---|---|---|---|---|
|||||_54,502_|
||||||
## **4. Investment income**
||**Unrestricted**|**Total**|_Total_|
|---|---|---|---|
||**funds**|**funds**|_funds_|
||**2022**|**2022**|_2021_|
||**£**|**£**|_£_|
|Interest received|6|**6**|_88_|
Page 14
**(A Company Limited by Guarantee)**
## **CHILDREN'S BURNS TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **5. Expenditure on raising funds**
## **Costs of raising voluntary income**
|Fundraising costs
Costs of raising voluntary income - wages and salaries|**Unrestricted**
**funds**
**2022**
**£**
10,452
3,825
14,277|**Total**
**funds**
**2022**
**£**
**10,452**
**3,825**
**14,277**|_Total_
_funds_
_2021_
_£_
_12,603_
_2,400_|
|---|---|---|---|
||||_15,003_|
## **6. Analysis of expenditure on charitable activities**
## **Summary by fund type**
|Prevention
Rehabilitation
Support
_Total 2021_|**Restricted**
**funds**
**2022**
**£**
157
13,268
-
13,425
_15,793_|**Unrestricted**
**funds**
**2022**
**£**
21,868
5,406
10,862
38,136
_46,574_|**Total**
**2022**
**£**
**22,025**
**18,674**
**10,862**
**51,561**
_62,367_|_Total_
_2021_
_£_
_25,153_
_20,410_
_16,804_|
|---|---|---|---|---|
|||||_62,367_|
||||||
Page 15
## **CHILDREN'S BURNS TRUST**
## **(A Company Limited by Guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **7. Analysis of expenditure by activities**
|Prevention
Rehabilitation
Support
_Total 2021_|**Activities**
**undertaken**
**directly**
**2022**
**£**
407
9,617
2,181
12,205
_16,551_|**Support costs**
**2022**
**£**
21,618
9,057
8,681
39,356
_45,816_|**Total**
**funds**
**2022**
**£**
**22,025**
**18,674**
**10,862**
**51,561**
_62,367_|_Total_
_funds_
_2021_
_£_
_25,153_
_20,410_
_16,804_|
|---|---|---|---|---|
|||||_62,367_|
||||||
## **8. Independent examiner's remuneration**
The independent examiner's remuneration amounts to an independent examiner fee of £2,958 ( _2021_ - _£3,480_ ).
## **9. Staff costs**
|Wages and salaries
Contribution to defined contribution pension schemes|**2022**
**£**
**25,923**
**559**
**26,482**|_2021_
_£_
_25,278_
_542_|
|---|---|---|
||||
|||_25,820_|
The average number of persons employed by the Charity during the year was as follows:
||**2022**|_2021_|
|---|---|---|
||**No.**|_No._|
|Administration|**1**|_1_|
No employee received remuneration amounting to more than £60,000 in either year.
The key management personnel as detailed on page 1, received remuneration amounting to £31,773 (2021: £32,634) during the year, £25,923 (2021: £25,820) paid to employees and £5,850 (2021: £6,544) in contracted labour costs.
Page 16
## **CHILDREN'S BURNS TRUST**
## **(A Company Limited by Guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **10. Trustees' remuneration and expenses**
During the year, no Trustees received any remuneration or other benefits _(2021 - £NIL)_ .
During the year ended 31 March 2022, no Trustee expenses have been incurred _(2021 - £NIL)_ .
## **11. Tangible fixed assets**
|**Cost or valuation**
At 1 April 2021
At 31 March 2022
**Depreciation**
At 1 April 2021
Charge for the year
At 31 March 2022
**Net book value**
At 31 March 2022
_At 31 March 2021_
**12.**
**Debtors**
**Due within one year**
Prepayments and accrued income|**2022**
**£**
**4,898**||**Office**
**equipment**
**£**
**851**
**851**
**466**
**136**
**602**
**249**
_385_
_2021_
_£_
_1,356_|
|---|---|---|---|
|||||
|||||
|||||
|||||
|||||
|||||
|||||
||**4,898**||_1,356_|
Page 17
## **CHILDREN'S BURNS TRUST**
## **(A Company Limited by Guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **13. Creditors: Amounts falling due within one year**
|Trade creditors
Other creditors
Accruals and deferred income|**2022**
**£**
**124**
**-**
**3,000**
**3,124**|_2021_
_£_
_718_
_104_
_2,958_|
|---|---|---|
||||
|||_3,780_|
## **14. Statement of funds**
## **Statement of funds - current year**
|**Unrestricted funds**
General Fund
**Restricted funds**
Rehabilitation
Prevention
NBAD
**Total of funds**|**Balance at 1**
**April 2021**
**£**
**59,487**
**12,534**
**-**
**1,314**
**13,848**
**73,335**|**Income**
**£**
**59,378**
**19,355**
**5,000**
**4,000**
**28,355**
**87,733**|**Expenditure**
**£**
**(52,413)**
**(9,000)**
**-**
**(4,425)**
**(13,425)**
**(65,838)**|**Balance at 31**
**March 2022**
**£**
**66,452**|
|---|---|---|---|---|
|||||**22,889**
**5,000**
**889**|
|||||**28,778**|
|||||**95,230**|
Page 18
## **CHILDREN'S BURNS TRUST**
## **(A Company Limited by Guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **14. Statement of funds (continued)**
## **Statement of funds - prior year**
|**Unrestricted funds**
General Fund
**Restricted funds**
Rehabilitation
Prevention
NBAD
**Total of funds**|_Balance at_
_1 April 2020_
_£_
_83,228_
_10,781_
_-_
_2,106_
_12,887_
_96,115_|_Income_
_£_
_38,336_
_14,219_
_1,090_
_945_
_16,254_
_54,590_|_Expenditure_
_£_
_(61,577)_
_(12,466)_
_(1,590)_
_(1,737)_
_(15,793)_
_(77,370)_|_Transfers_
_in/out_
_£_
_(500)_
_-_
_500_
_-_
_500_
_-_|_Balance at_
_31 March_
_2021_
_£_
_59,487_|
|---|---|---|---|---|---|
||||||_12,534_
_-_
_1,314_|
||||||_13,848_|
||||||_73,335_|
## **General Fund**
The general fund represents funds which are available for general charitable activities, at the discretion of the trustees.
## **Restricted Funds**
During the year the charity received specific donations totalling £28,355:
- Rehabilitation - £19,355 was received from The VTCT Foundation to sponsor events for children with burn injuries and their families. £9,000 was spent during the year, with an online event being held on 9 May 2021 and a planned return to family therapy weekends at Penrith and Littlehampton in 2022/23.
- Prevention - £5,000 was received in sponsorship from Sky towards the costs of publishing 'Charlie's Story', sharing one child's experience of everyday dangers in the home. The book has been published in the 2022/23.
- National Burn Awareness Day (NBAD) - A total of £4,000 was received from the British Burn Association (BBA), Tory Family Foundation and Vandervell Foundation in the year towards the costs of NBAD. Costs totalling £4,425 were incurred, using some of the restricted funds brought forward and leaving a balance of £889 to be used for future events.
Page 19
## **CHILDREN'S BURNS TRUST**
## **(A Company Limited by Guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **15. Summary of funds**
## **Summary of funds - current year**
|General funds
Restricted funds
**Summary of funds - prior year**
General funds
Restricted funds|_Balance at_
_1 April 2020_
_£_
_83,228_
_12,887_
_96,115_|**Balance at 1**
**April 2021**
**£**
**59,487**
**13,848**
**73,335**
_Income_
_£_
_38,336_
_16,254_
_54,590_|**Income**
**£**
**59,378**
**28,355**
**87,733**
_Expenditure_
_£_
_(61,577)_
_(15,793)_
_(77,370)_|**Expenditure**
**£**
**(52,413)**
**(13,425)**
**(65,838)**
_Transfers_
_in/out_
_£_
_(500)_
_500_
_-_|**Balance at 31**
**March 2022**
**£**
**66,452**
**28,778**|
|---|---|---|---|---|---|
||||||**95,230**|
||||||_Balance at_
_31 March_
_2021_
_£_
_59,487_
_13,848_|
||||||_73,335_|
## **16. Analysis of net assets between funds**
**Analysis of net assets between funds - current year**
|Tangible fixed assets
Current assets
Creditors due within one year
**Total**|**Restricted**
**funds**
**2022**
**£**
-
28,778
-
28,778|**Unrestricted**
**funds**
**2022**
**£**
249
69,327
(3,124)
66,452|**Total**
**funds**
**2022**
**£**
**249**
**98,105**
**(3,124)**
**95,230**|
|---|---|---|---|
Page 20
## **CHILDREN'S BURNS TRUST**
## **(A Company Limited by Guarantee)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **16. Analysis of net assets between funds (continued)**
**Analysis of net assets between funds - prior year**
|Tangible fixed assets
Current assets
Creditors due within one year
**Total**|_Restricted_
_funds_
_2021_
_£_
_-_
_13,848_
_-_
_13,848_|_Unrestricted_
_funds_
_2021_
_£_
_385_
_62,882_
_(3,780)_
_59,487_|_Total_
_funds_
_2021_
_£_
_385_
_76,730_
_(3,780)_
_73,335_|
|---|---|---|---|
Page 21