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 2025
CHILDREN'S BURNS TRUST (A Company Limited by Guarantee CONTENTS Page Reference and Administrative Details of the Charity, its Trustees and Advisers Trustees, Report Independent Examiner'5 Report Statement of Financial Activitie5 10 Balance Sheet Lyotes to the Financial Statements 12-21
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 2025 Truslees Princess Marina Lobanov-Rostovsky JP MA. Chair C P Bigland Sir K John Knight CBEQFSMDL (appointed 25 March 2025) R Bary (appointed 17 June ?0?5) K Dunn Bsc MBBS FRCS(Lond) FRCS(plast) FRCS(Ed), Vice Chair R 'lISher OBE. QFSM N B O'connor CBE A Tweddle Company registered number 04007007 Charity registered number 1082084 Registered office Potton House Wyboston Lakes Great North Road Wyboston Bedford MK44 3BZ Management team Mrs K McGregor- Finance Manager Ms J Myers- Operations Manager Accountants Streets Chartered Accountants Potton House Wyboston Lakes Great North Road Wyboston Bedford MK44 3BZ Bankers Barclays Bank plc 188 Clapham High Street Clapham London SW4 7UF Solieilors Charles Russell Speechlys 5 Fleet Place London EC4M 7RD Page 1
CHILDREN'S BURNS TRUST (A Company Limited by Guarantee TRUSTEES, REPORT For the year ended 31 March 2025 The Trustees present their annual report togeiher with the financial statements of the Children's Burns Trust for the year I April ?0?4 to 31 March 2025. The Annual Report serves the purposes of both a Trustees, report and a directors, report under company law. The Trustees confirn) that the Annual Report and financial stateinents of the charitable company comply with the current statutor! 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 I January 2019). Since the Charity qualifies as small under section J82 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. Slruclur¢y governanee and managemenl Constitution Children's Burns Trust is a company limited by guarantee, and a registered charity. It was incorporated on 30 May 2000 and 'aS registered as a charity on 18 August ?000. The company 'aS established under a Memorandum of Association which established the objects and pom'ers 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 a also charity Twstees for the purposes of charity law and under the company's Articles of Association are known as members of ihe Management Committee. Currently, there are no rules regarding re-election of Trustees for specific periods or tem)s of office. Sir Kenneth Knight (former Chief of London Fire Brigade) was appointed a Trustee on 25th March 2025, bringing extensive experience and knowledge from the fire sector to the charity. The Trustees would like to take this opportunity to welcome him to the charity. c. Policies adopted for the induclion and training of Trustees All Trustees are familiar with the Chariiy's work and no plans for additional training are to take place, unless there is a statutorv requirement. The Trustees are made fully aware of all applicable legislation chaTJges that may require the appropriaie training, if required. All newly appointed Trusiees are provided with a full induction of the relevant information and legal requirements of becoming a Trusiee. All Trusiees are to now undertake the NSPCC online safeguarding training course, as additional training. d. Organisational structure and decision-making policies The Children's Biirns Trust has a Committee of Trnstees. who meet regularly on a quarterly" basis, and who are responsible for the strategic direction and policy of ihe charity. Currently. the cominittee has eight members from a range of diverse backgrounds, covering all areas relevani io the charit).. Various sub 'Orking groups have been set up within the charity-. the working groups have been formed consisting of staff, advisors and several members of the Trustees. who meet on a moTe regular basis Ihan 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 set within the charity. Page 2
CHILDREN'S BURNS TRUST (A Company Limited by Guarantee TRUSTEES, REPORT (CONTINUED For the year ended 31 March 2025 Slruclur¢y governanee and managemenl {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 predureS have been esthblished to mitigate the risks the Charity faces; internal control risks are minimised by ihe implementaiion of priKedures for authorisation of all transactions and projects. Procedures are in place to ensure Compliance wilh healih & safely of staff, volunteers. clients and visitors. If it is decided that a certain area needs to be reviewed, this M'ill 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 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. 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. Main activities undertaken to further the Charilv'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 l ? months. e 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 ty to help are described below. All our charitable activities focus on the prevention, rehabilitation and support of bum 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 2025 Achievements and performance a. Review of activities Family WeekendslGeneral Rehabilitation Children's Burns Trust have been providints family residential weekends since 2005. supported by staff from the NHS burn services who attend the weekends 'hICh are held at one of the Firefighters Charit)" rehabilitation centres, either at Penrith or Littlehampton. Family weekends offer an opportunity for children M'ith burn injuries and their parentslcarers and siblings to spend some fun time together whilst also meeting others who have experienced the impact of a burn injury to their lives. Many parents experience a terrible sense of guilt surrounding Ihe circumstances of their child's accident. This family programme enables them to discuss issues surrounding the child's bum openly with people who understand the emotions that they are experiencing. The effe$ of a burn injury on siblings are all too easily forgotten and iTJcluding them in the weekend experience can help them come to tern)$ 14s.iih the changes thai might have occurred in family life folloi4'"ing a burn injury. Six families are invited to attend a residential weekend where the emphasis is on each family having the opportunity to spend time together, whilst also meeting other families who have been throuoh a similar experience. The children and the parents are siipported by burn care professionals from the burns service where they received care, which might include a physiotherapist, occupational therapist, nurse. play specialist or member of psychological therapies. The programme includes several 'orkShopS for the parents: managing the impact of the burn injury on the whole family, scarring and treatment options as well as some relaxation Sirategies. The children's programme includes arts and crafts, swimming and free play. In addition, the M'eekend is siructured lo offer the families time to spend getting to know one another and have some fun. The weekends begin with an excursion to a local farni and adveTJture play area, and on the Saturday evening the parenis have a special dinner with time to laX and chat whilst the children are looked after by the staff and entertained by a local entertainer. An independent evaluation of the family weekends conducted by the Centre for Appearance Research concluded that the family weekends represented a positive and valuable experience for the families and the staff that attended, emphasising the value of shared experiences and meeting others at differeni sthges of their recovery" after a burn injury. With special thanks to the Firefighters Charity and the staff ai their rehabilitation centres and to all the NHS bun) care staff who attend the weekends - without their support the family weekends would not be possible. Burn Aivareness Day The annual National Burn A.arenesS Day (NBAD) "aS held on 16th October ?0?4 aTJd was once again an astounding success, reaching millions of people across the UK and be)"ond. The importance and reach of NBAD has grown year-on- year. Hospitals. Bums Services, Community Health, Fire & Rescue Services around the country were among the many organisations that held awareness raising events. Our main aim of National Burn Awareness Day is to raise the awareness of the incidence and causes of burn and scald injury in the UK, helping to reduce the number of burns and s¢alds IKcurring. The main causes of burns and scalds are... Hot drinks JO babies and toddlers go to h05Pital with a hot drink burn every day. In addition to this shocking daily figure, 60 % of all children attending A&E with a burn injury are due to hot drink scald. Hot water bottles - can be dangerous and cause burns if they are not cared for or used safely, as the rubber deteriorates over time 50 old hot water bottles can burst or leak and cause serious burns. Page 4
CHILDREN'S BURNS TRUST (A Company Limited by Guarantee TRUSTEES, REPORT (CONTINUED For the year ended 31 March 2025 Achievements and performance (conlinued) Saucepan and kettle spills - 642 children were advnitted to an NHS Burn5 Service due to injuries related to an electric hob in 20?4. A further 446 children were admitted to an NHS Burns Service due to accidents involving kettle spills. Hot water scalds - in the bath or shower Hot water can pose a real danger. Bath and shower water can cause such bad burns that children need years of treatment and may be scarred for life. It only takes one second to get a deep burn in hot water when the water temperature is at 70°C. 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. Children's Burns Trust would like to thank everyone who helped us towards achieving this level of awareness for this year, together with our Corporate Sponsors - Leigh Day Solicitors and Spectral Al. Campaigns The charity works alongside many organisations with different ongoing campaigns. Child Safety Week is an annual campaign run by the Child Accident Prevention Trust to raise awareness of the risks of child accidents and how they can be prevented. A range of resources is available to help practitioners run local activities and events and promote safety messages in a fun and engaging way. SafeTea was a national campaign aiming to reduce hot drink burns to young children and improve first aid to children who have been burned. The SafeTea Campaign w'as launched across the UK in 2019. Fire Kills - You are around 8 times more likel). to die from a flre if you don't have a Th'orking smoke alarm in your horne. We support the Home Office s Fire Kills campaign. Helping to raise aarenesS of the importance working smoke alarms play in saving lives. Fireworks It is predicted that this year 500 children and their families will join the growing number of people who will remember bonfwe night for the wrong reasons. They will have been injured as a result of an accident with fireworks. Hair Straighteners - As much as 40 minutes after being unplugged. hair straighfrners can still severely burn and pennanently scar a child's delicate skin. After use, switch off and unplug hair straighfrners, then put them away to cool down out of reach and sight of children. Burns Database This data is powered b). the International Burn Injury Database (IBID). incorporating data collected from all NHS Burn Services in England and Wales. They do not include the minor burns and scalds that are treated by Accident and EinergJency Departments. This report shows the follom'ing broken dom-n by year.. Injury Type Category Living Space Age Page 5
CHILDREN'S BURNS TRUST (A Company Limited by Guarantee TRUSTEES, REPORT (CONTINUED For the year ended 31 March 2025 Achievements and performance (conlinued) Our Medical Trustee. Mr Ken Dunn FRCS, Medical Director of the International Burn Injury Database (IBID) says "This is the UK'S first database that contains accurate infomlaiion about the nature of burns and scalds affecting children in the UK. Before this database was constructed there was no infomiation H."hi¢h provided reliable figures for local Government, health or ceniral Government bodies. This makes the job of central Government to inforn] and advise the general public about prevention measures almost impossible. Furthemiore, those Tesponsible for medical and healthcare budgetary planiiing have to rely on 'estimates' and unreliable data often resulting in inadequate budget provision." The database has been developed to assist in two ways: Providing technical data for those involved in the care and support of children with burn5- academics, clinician5 and service planners. The database assists in developing an educational Learning Zone, which can be visited by carers. teachers and children of all age5. The Burn Injury Data reporting tool is now live on the CBT website, wivw.cbtrust.OTg.uk where p051tive feedback ha5 been received. Support We provide support in the followin(p M'ays: Direct Support- in conjunction with the NHS Professionals we provide fmancial support to families. Providing Equipment to NHS burns services. Signposting- providing advice to families on how to access burn related inforn]ation. Direct Family Support We provide urgent financial support for families who are struggling with costs after their child has been burnt. This might be the cost of travelling to and from the hospital to visit their child or for attending on-going out-patient treatment or could be to replace items lost in a house fire. The grant request must be made by a health care professional on behalf of the family, we cannot accept requests directly from a parenL carer or relative on behalf of the family. Providing Equipment I materials I camp We award small grants (usually up to £500 per application) for rehabilitation equipment and sponsorship for children to attend burns camps. We can sometimes fund the cost of larger pieces of specialist equiprnenL that the NHS do not provide funds for. Signposting / Learning Zone The Learning Zone which is available via our website gives you free and easy access to a wide variety of online resources, e-learning programmes, professional development tools and inforn]ation to prevent burns and scalds happening to children. Page 6
CHILDREN'S BURNS TRUST (A Company Limited by Guarantee TRUSTEES, REPORT (CONTINUED For the year ended 31 March 2025 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. We are extremely grateful to all of our corporate supporters who support the charity in different wa)'s, in particular to our new corporate supporters Leigh Day for their financial support for NBAD, Spectral Al and The Association for Specialist Fire Protection for their fundraising. Our individual supporters and fundraisers are equally special to us. for their time, commitment and deterniination to support the charity. The support received changes lives and can help us to deliver our programme of a.areneSS, rehabilitation and support. We are therefore so graieful to anyone who has donated ihis year and supported our work, we are unable to continue our work w'ith H'ithout )'ou. b. Material investments policy As most of the charity's general funds are spent in the short tem). the are few funds available for long term investment, although a deposit account is in use, 'ben required. . 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. FOT this reason. they continue to adopt the going concern basis in preparing the financial sthiements. d. Reserves policy We are a national charity dedicated to providin(y rehabilitation support for burned and scald injured children and their families, as well as prevention and awareness campaitsns for which there is little or no i)ational funding. We receive no government funding and are only able to continue the work we do as a result of our own fundraising efforts. In view of our size, turnover and limited fundraising capacity, and in order to protect the continuity of our core work, the Trusiees have adopted a Reserves policy equivalent to the cost of l ? months. operating costs. Our Reserves policy is reviewed annually at the AGM, and the reserves level is set in line with the next financial year's budget. Plans for ihe future The charity plans to continue the activities outlined previously in the forthcoming year. subject to satisfactory funding arrangements. Page 7
CHILDREN'S BURNS TRUST (A Company Limited by Guarantee TRUSTEES, REPORT (CONTINUED For the year ended 31 March 2025 Slatemenl 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 sthiements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial stalements for each financial Under company law, the Trustees must not approve the financial statements unless they are satisfied ihat they give a true and fair viem." of the state of affairs of the Charity and of its incoming resources and applicaiion 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 consi5tently' observe the methods and principles of the Charities SORP (FRS 102); make judgments and accounting eslimales that are reasonable and prudent; state whether applicable UK Accounting Siandards (FRS 102) have been followed. subject to any material departiires disclosed and elplained 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 keepino adequale accounting records that are sufficient to show and explain the Charitys 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 Aci 2006. They are also responsible for safeguarding the assets of the Charity and hence for tsking 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 Decetnber 2025 Page 8
CHILDREN'S BURNS TRUST (A Company Limited by Guarantee INDEPENDENT EXAMINER'S REPORT For the year ended 31 March 2025 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 ) l March 2025. Responsibililies 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 Charil) s accounts carried out under section 145 of the Charities Act 2011 ('the 201 l Act,). In carrying out my examinatioTJ 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: accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or the accounts do not accord with those records. or the accounts do not comply with ihe accounting requirements of section )96 of the 2006 Act other than any requirement that the accounis give a 'true and faif vic. w.hich is not a matter considered as part of an independent examination. or 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 Stsndard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across no other matters in connection wlth the examination to which attention should be drawn in this report in order io enable a proper understanding of the accounts to be reached. This report is made solely to the Charitj s Trustees, as a body. in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertak.en so that I might siaie to the Charity s Trustees those matters l am required to state to them in an Independeni Examiner's Report and for no oiher purpose. To the fullest extent pern)itted by law, I do not accept or assume responsibility to anyone oiher than the Charity and the Charity's Trustees as a body, for my work or for this report. Signed= Dated: 18 December 2025 Linda J Lord Bsc, BFP. FCA, TEP Streets Chartered Accountants, Potton House. Wyboston Lakes, Great North Road, Wyboston, Bedford MK44 3BZ Page 9
CHILDREN'S BURNS TRUST (A Company Limited by Guarantee STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT For the year ended 31 March 2025 Unrestricted funds 202) Restricted funds 2025 Total funds 2025 Tglol funds 2024 Note Ineome from: Donations and legacies Investments 79,203 1.571 17,484 96,687 1,571 88,311 1,102 Total income 80.774 17,484 98,258 89,413 Expendilure on: Raising funds Charitable activities 21,159 43,215 21,159 61,574 17.768 87,525 18,359 Total expendilure 64J74 18,359 82,733 J05,293 Lyet incomel(expenditure) Transfers between fidS 16,400 (193) (875) 193 15,525 (15,880) 14 Net movement in funds 16207 (682) 15,525 (J5,880) Reconciliation of funds: Total funds brought fonvard Net movement in funds 108,913 16,207 23,975 (682) 132,888 15,525 148. 768 (15,880) Total funds carried fonvard 125,120 23,293 148,413 J32,888 The Statement of Financial Activities includes all gains and losses COgnIsed in the year. The notes on pages l? to 21 form part of these financial statements. Page 10
CHILDREN'S BURNS TRUST (A Company Limited by Guarantee Registered number: 04007007 BALANCE SHEET As at 31 March 2025 2025 2024 Note Fixed assets Current assets Debtors 12 1.832 150,111 8,877 128.841 Cash at bank and in hand 151.943 ]37, 118 Current liabilities Creditors.. amounts falling due within one year 13 (3,530) (4,830) Net current assets 148,413 132,888 Total assets less current liabilities 148,413 132,888 Total net assets 148,413 132,888 Charity funds Restricted funds 14 23.293 125,120 23,975 108,913 Unrestricted fund5 14 Total funds 148,413 132,888 The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obiain an audit for the year in question in accordance with section 476 of Companies Act 2006. The Trustees acknoTh'ledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial stalements. 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 and signed on their behalf by.. Prince55 Marina Lobanov-RostOVsky JP MA Chair of trustees Date.. 16 December 2025 The notes on pages 12 to 21 fonn part of these fmancial statements. Page11
CHILDREN'S BURNS TRUST (A Company Limited by Guarantee NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 General information As set out in the trustees, report, Children's Bums Twst is an incorporaied charity registered in England and Wales. The address of their registered oifice is Potton House. Wyboston Lakes, Great North Road, Wyboston MK44 3BZ. The financial statements are prepared in sterlin& which is the functional currency of the enlity. Accounting policies 2.1 Basis of preparation orrinancial statements The financial stalements 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 .]ib the Financial Reportints Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l Januarv ?019). Ihe Financial Reporting Sthndard applicable in the UK and Republic of Ireland (FRS 102) and ihe Companies Act ?006. Children's Bums Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cosi or transaction value unless oihenvise stated iT] the relevant accounting policy. 2.2 Going concern The Trnstees 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 Trusiees make this assessment in respect of a period of at least one year from the date of authorisation for issue of the financial sthiements. 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. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable. Page 12
CHILDREN'S BURNS TRUST (A Company Limited by Guarantee NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 Accounting policies (continued) 2.4 Expenditure Expenditure is recognised once there is a legal or constructive obligaiion 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 lIablY. 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 activtties is inCUd on directly undertoking the activities which further the Charity's objectives. as 'ell as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 2.5 Inlerest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity.. this is nomlally upon notification of the interest paid or payable by the institution with whom the funds are deposited. 2.6 Debtors Trade and other debtors are COgnised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 2.7 Cash at bank and in hand Cash at bank and in hand includes cash and short-tem) 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. 2.8 Liabilities and provisions Liabilities are recognised when ihere 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 settleinent can be estimated reliably. Liabilities are recognised ai the amount thai the Charity anticipales it will pay to settle the debt or the amount it has received as advanced payments for the goods or services il must provide. 2.9 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 subsequeTJtly measured at amortised cost using the effective Inte$t method. 2.10 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 ihe year. Page 13
CHILDREN'S BURNS TRUST (A Company Limited by Guarantee NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 Accounting policies (continued) 2.1 l 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 Charily 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. Income from donations and legacies Unreslricled funds 2025 Restricted funds 2025 Totsl funds 2025 Tolal funds 2024 Donations 17,484 96,687 88,311 Tolal 2024 87,811 500 88.311 Investment income Unrestricted funds 2025 Total funds 2025 Total funds 2024 Interest received ,571 1,571 1,102 Page 14
CHILDREN'S BURNS TRUST (A Company Limited by Guarantee NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 Expenditure on raising funds Costs of raising voluntary income Unreslricted funds 2025 Tolal funds 2025 Tolal funds 2024 Fundraising costs Wages and salaries 16,733 4,426 14,825 2,943 4,426 Total 2025 21.159 21,159 17,768 Analy'sis of expenditure on charitable activities Summary by fund type Unreslricled funds 2025 Restricted funds 2025 Tolal 2025 Tolal 2024 Prevention 22,787 4.100 24,173 21,073 16,328 29.146 45,586 12. 793 Rehabilitation 16.973 Support Total 2025 61,574 87,525 Tolal 2024 40,4~, 1 87,525 Page 15
CHILDREN'S BURNS TRUST (A Company Limited by Guarantee NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 Analysis of expenditure by aclivities Activities undertaken directlv Support costs 2025 2025 Tolal funds 2025 Tolal funds 2024 Prevention 5,650 24,173 21,073 16,328 29.146 45,586 12. 793 Rehabilitation 7,770 7,271 Support 9,057 Total 2025 28.010 61,574 87.525 Tolal 2024 i2,liO 87.525 Independent examiner's remuneration The independent examinevs remuneration amounts to an independent examiner fee of £3,450 (2024 - £3,250}. Slaff costs 2025 2024 Wages and salaries Contribution to dered contribution pension schemes 20,800 438 20, 732 401 21,238 21,133 The average number of persons employed by the Charity during the year wa5 as follows: 2025 2024 Administration No employee received remuneration amounting to more than £60.000 in either year. The key mana(rement personnel as detailed on page l. received remuneration amounting to £27,438 (2024: £29,58J) during the year, £?1 ?38 (20?4= £? I,li)) paid to employees and £6,200 (2094: £8,450) 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 2025 10. Truslees, remuneration and expenses During the year, no Trustees received any remuneration or other benefits 12024 - £NJL). During the year ended 31 March 2025, no Tnjstee expenses have been incurred 12024 - £NILJ. 11. Tangible fixed assets Office equipment Cost or valuation At l April 2024 851 At J l March 2025 851 Depreciation At l April ?024 851 At J l March 2025 851 Iyet book value At 31 March 2025 At 31 March 2024 12. Debtors 2025 2024 Due within one year Prepayments and accrued income 1,832 8,877 Page 17
CHILDREN'S BURNS TRUST (A Company Limited by Guarantee NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 13. Creditors: Amounts falling due within one year 2025 2024 Trade creditors 80 1.380 3,450 Accruals and deferred income 3,450 3,530 4.830 14. Slatement of funds Slatement of funds- current year Balance al I April 2024 Transfers Balance at 31 inlout Mareh 2025 Income Expenditure Unrestricted funds General Fund 108,913 80,774 (64J74) (193) 125,120 Restricted funds Rehabilitation 21,609 6,500 lJ46 3,138 6,500 (8,843) {1,386) (3,291) {4,839) 19,266 Equipment Prevention 40 2J66 153 2,366 1,661 NBAD 23,975 17,484 (18J59) 193 23,293 Total of funds 132,888 98258 (82.733) 148,413 Page 18
CHILDREN'S BURNS TRUST (A Company Limited by Guarantee NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 14. Slatemenl of funds {eonlinued) Slatement of funds- prior year Balap7ce al 31 March 2024 Balap7ce at l April 2023 Ti'ansfers ioul Income Erpendilure Unrestricted funds General Fund 99.018 88,913 (64.822) 114, 196) 108,913 Restricted fund5 Rehabilitation 33,81) 2.41) (12.206) (49) (2. 796) (25,420) 21,609 2,366 Prevention NBAD iOO 2.296 11,900 DigiLql transforn]ation 13,520 500 (40.471) 14,196 23,975 Total of funds 89.413 (105,293) 132,888 General Fund The general fund represenls funds which are available for general charitable activities, at the discretion of the trustees. Restricted Funds Rehabilitation - VTCTF have provided grants in previous years to fimd family therapy weekends and £6,500 was received in donations from the Worshipful Company of Firefighters and other donations in 2025. £8,843 of these funds were u(ilised in 20?5 and the charity will continue to use these fimds in 2026. Equipment - A donation of £1,346 enabled the charity to support the purchase of a Sparks Paediatric Chair for the Paediatric Burns Service at the Bristol Royal Hospital for Children. Prevention - Funds brought forward were given lo support the publication of 'Charlie's book,, a book written to raise awareness of burn injuries, which have been carried fonvard to cover future costs. In 2025, a total of £3,138 was received and £3 ?91 paid to re-print "The Family Oops" book, raising awareness of the main causes of burn injuries. £6,500 was also received to support activities for National Burn Awareness Day (NBAD}, of which £4,839 was spent in 2024 and the balance carried forw'ard io evenis in 2025. DigiLql transfonnalion In the prior year, the charity completed its digital transfomiation project fLmded by an individual donation and £11,900 of the charit) s own funds. Page 19
CHILDREN'S BURNS TRUST (A Company Limited by Guarantee NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 Summary of funds Summary of funds- current year Balan¢¢ ai I April 2024 Transfers Balance at 31 inloui March 2025 Income Expenditure General funds 108,913 23,975 80,774 17,484 (64,374) (18J59) {193) 193 125,120 23,293 Restricted funds 132,888 98,258 (82,733) 148,413 Summary of funds- prior year Balance ol 31 March 2024 Balance al l April 2023 Transfers Incoine Eypendilure General funds 99,OJ8 88,913 500 (64.822) (40,471) (14,J96) 14,196 108.913 23,975 Restricted funds 148.-68 89.413 (IOi,293) J32,888 16. Analy'sis of net assets between funds Analy'sis of net assets between funds- current year Unreslricted funds 2025 Restricted funds 2025 Tolal funds 2025 Current assets 128,650 {3,530) 23,293 151,943 (3,530) Creditors due within one year Total 125,120 148,413 Page 20
CHILDREN'S BURNS TRUST (A Company Limited by Guarantee NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025 16. Analy'sis of net assets between funds (conlinued) Analy'sis of net assets between funds- prior year nresfricled funds 2024 Restricled funds 2024 Endowmep71 funds 2024 Tolal funds 2024 Current assets 113,143 (4.830) 137,718 (4,830) Creditors due within one year Total 23,9-'5 108.913 132,888 Page 21
Virtual Cabinet Portal Digital Signatures Digital Signature Verification You can verify that this is a genuine Virtual Cabinet Document Portal signed document by uploading it to the following secure web page.. https'.Ilwww.virtualcabinelportal.comlVerifySignedDocument Signature Dates and Times All dates and times shown in the signatures below are expressed in Coordinated Universal Time (UTC). which is generally equivalent to GMT. You can find out more about UTC at the following web page.. http'.Ilwww.virtualcabinetportal.comlWhatlsUTC Signature 1 Signed by Marina Lobanov-Rostovsky using authentication code U1JLdkRLKmNcTmtO at IP address 51.14.187.165, on 2025112118 10'.13.'51 Marina Lobanov-Rostovsky's e-mail address is.. marina.lobanov.rostovsky@hotmail.co.uk.