Safe Child Thailand Report and Financlal Statemenls 31 March 2023 Crynpany limit￿ by 9uaraTrlee R6918tratkn Nufftber 4157530 (ErvJb￿l gnd Waksl Charity Regi$tralion Numb8r 1065407 Contents Reports Referenc8 and adminl¥lralive information Welcome and overview from the Chairman 2 Report of the Trustees Independent auditorfs report 21 Flnanclal $talem&nts ststemenl of financial acliwties 24 Balance sheel 26 Stslement of cash flows 27 Principal accounting policies 28 Notes lo Ihe financial statements 33 Referen¢• and admlnlstratlve Infomiatlon 31 March 2023 Tru$t•g$ Mr S Buckfey- Chaimian Dr S Conway Mr F L Cremer Mr M Hurley Mr S Lanty Mr M Patterson Socrétary and Chlef Ex•¢utlve Mr P Bradley Reglstered office 72 Venn Street London SW4 OAT Wobslte vhvw.safathildthall8nd.o Company number 4157530 {England and Wales) Registered charity number 1085407 Auditor 8uzzacott LLP 130 Wood Street London EC2V 6DL Principal bankors Bank of Scotland plc Community Banking 38 St Andrew Square Edillbutgh EH2 2AD Sollcitors Bales Wells & Brailhwaile LLP 10 Queen Street Place London EC4R 18E Safe Child Thailand W•lcom8 and ovèr4l•w from tha Chalrnian 11 is my great pleasure lo present the RetM)rt and Finanual Statements for the financial year ending 31 March 2023. Another challenging year but one helped by having a conscientious, focussed and hardworking team consistently produung qualty material that was not short of notable aclivilies. Care Reform continues to drive our agenda and il was good lo see the start of Iran51tioning a Children's Home in Chiang Mai Provin¢e as w811 as th6 initiation of an important Child Protection and Safeguarding Teaching Programme in Mae Sol. Training was also provided for residenlial accommodation stsff on th8 United Nalions Guidelines for the Alternative Care of Children. In tandem - and as part of the conclusion of the many UBS Optimus Foundation funded pioje¢ls- a mosl successful conferen￿ on Care Refomi was staged in Bangkok as well as a htgh-profile House of Commons presentation. The fomier attracted a number of senior officials who are becoming increasingly aware of the scale of the problem Isomething highlighted in the Safe Child Thailand funded ground breaking Sludy'No Child Left Behind.. No less than 120,000 Children in Inslilulional Care in Thailand'l and which will hopefully pave the wayfor Care Refomi to receive enhanced support from the new Thal Govemment. Against these posFtive devekJpm8nts, howev8r, il is importanl to highlight the continued difficulties in raising funds. Never an easy 5itualTon but one. u[￿QUbledIy. made worse by the current Cost of Living crisis and the increasing demands placed upon all our Corporalg and Inslitulional don0￿. Finally, my sincere thanks go to both the Safe Child Thailand team and my fellow Trustee colleagues for the conlinued support received throughout the year. Steve Buckley Chairman Safe Child Thailand Report of tho Trust•es 31 March 2023 The Truslees of Safe Child Thailand {SCTI. who are also the directors of the charity for the purposes of company law. present Iheir report and audited financial statements for the year 10 31 March 2023. This r8POrt has been prepared in aw)idan¢è with Part 8 of the Charities Act 20118nd conslilutes a directors, report for the purpose of the Companies Act 2006. The financial statements have been prepared in accordance with the accounting policies sel out on pages 28 10 32 of the attached financial statements and comply with the charitablg company's Mefflorandum of Association. the Companies Act 2006 and Accounting and Reporting by Charities= Stalemenl of Recomm&nd8d Practice applicable lo charities preparing their accounts in accordancE with the Financial Reporting Standard applicabl8 10 the United Kingdom and Republic of Ireland (FRS 1021. INCORPORATION AND LEGAL STATUS The Charity Is consliluled as a company limited by guarantee and is governed by ils Memorandum and Articles of Association. As a charitable company. the company is not required to formally describe iiseif as'Limited'. CHARITABLE OBJECTS The charity's objects are in respect of its support for the people of Thailand and ils border countries and comprise.. 1. The relief of poverty. sickness and di8tress anw)ngst young people.. 2. The feedlng, houslng. general care and education of young people., and 3. Such other charitable purposes including bul not limited lo work with parents. carers or guardians of the young people referyed to in 1 and 2 above as the Tfuslees shall from lime lo lime think fil. The Trustees have refetred to the Charily Commission's general guidance on public benefit when reviewing the charity's aims and objectives and when planning future aclivilies. Safe Child Thailand's VISION A Thailand where all children grow up in a safe and loving f8mity. Safe Child Thailand's MISSION We will work with families and communib8S to ensure that children grow up in a safe and nurturing environment. Safe Child Thailand R•port of th• Trustees 31 March 2023 CHARITABLE OBJECTS {conlinuedl Safe Chlld Thalland'$ MISSION Iconlinuedl We believe every child in Thailand Should have the right to.. 1. Go to school and receive quality educatron.. 2. Benefft from equal righls and opwjrtunities., 3. Live without fear of expk)itation or abuse- 4. Receive adequate food and shelter: and 5. Not be discriminated against andlor excluded because of disability. gender. religion or ethnicity- OURVALUES Transparent We are Ifansparent artd honest with our donors. those who support us, our partner organisabons in Thailand and our service users. This is refiected through all our lilerattjre, website and audited report and accounts. Respectful We respect the views and righls of each olher and all those with whom we work. Effective We maximise the fijnds we recewe. ensuring that our adminislTation costs ar& justifiable and the funds we send lo Thailand are ulilised to prowde maximum benefit. Ambitious We will challenge ourselves and our partners lo push the boundaries lo achieve long-term positive change for children in Th8iland. We 8Ctively seek lo maximise the number of innovative and dynamic projecls we support in Thailand lo achieve our mission. WHAT WE DO For over 40 years SCT has been constanuy worknng toward improving Ihe siluation for disadvantaged children in Thailand. We work with Ihe most vulnerable of children and their families aiming to end the cycle of poverty. discrimination and health inequalities. We are now raising awareness of the importance of keeping a lamily together arid lo become less reliant on residential care for chiklfen. By raising funds for our partners working in Thailand, we can help develop cxucial seNices. In addition to financial support we promde programmatic guidance and ensure a comprehensive appraisal of the partner's policies and procedures. Safe Child Thailand Report of tho Truslges 31 March 2023 WHAT WE DO Iconlinued} Supportlng Care R•fomi In Thailand This past year has seen a 5rgnificanl increase in our Care Refomi Projects. We have continued lo work with the Altemalive C8re Th8iland Group with Ihe purpose of financially and programmali¢8lly supporting their action plan lo support vulnerable children and Ihelr families. Care Reform within Thailand is crucial in helping keep families together and also improving the quality of care children are enlilled lo in ￿sIdential seltings. The Altemalwe Care Thailand Group is one of six thematic workings groups under the Convention on the Rights of the Child Coalition of Thailand Steering Committee. The goal of ¢ar& refoim is lo strengthen families by providing Fnore robust social welfare services and childcare Chol￿s. and lo stop needless placement ofchildren in orphanages and inslilutions. Hdping the wlneraEAe and th(se at risk In large parts of Thai18nd poverty and dewNalion are rife. rneaning that life al the bottom of the social ladder can be very hard. Being al thè c8ntr8 of South East Asia also m6ans that Thailand is often a destination for economic migrants and refugees Ileeing conflicts or bruial regimes. All loo often dbildren from these groups find themselves Itving in desperate poverty and in need of help. Our currenl Organis8tion81 Str8tegy is paving the way 8he8d for SCT to be more engaged in Care Reform. We are now engaging with partners to develop existing and new opportunities which will ensure fewer children are housed in iesidenlial homes. Wo recognise that for a smaller number of children an orphanage or restdenlial setting is required and in these cases, we will work with our residential partners lo strive for the best care and facilities possible. We are working with restdenlial care providers to increase their awareness of Care Reform and the importance of following the United Nations Guidelines for the Alternative Care of Children. Safe Child Thailand Report of tha Trustees 31 March 2023 DEVELOPMENT. ACTIVITIES AND ACHIEVEMENTS Programmatic development Safe Child Thailand supports partner organssalion5 and projects across Thailand. Our Pfogrammalic activilies aim lo: • Support Care Reform projects • Keep families together • Redu￿ the risks faung children by supporting Child Protection pro9rammes • Increase access to services (education. healthcare etc.) • Buikl the capacity of k>cal partners working with children Within the financial year 2022-2023. Safe Child Thailand has directly benefited 9.125 children and their families and indirectty benefited up lo 87.876 children and families al risk of poverty and harm. Dlrect Beneficiaries Indirect Benèfl¢larle$ 1. Health and Nutrition 2,145 502 2. Child Protection and Saf8guardlng 2.966 9.000 3. K•eplng Famllles Together 173 45.355 Resldentlal 2.325 Education 978 233 6. Altematlv• Care Reform 538 32,786 Projects implemented and supported in 2022123 are discussed below. These proj&cts are unique but may have actwilies or elements that could be considered under olhei themes. Tha number of children and suprx)rt staff reached for each project we have contributed lo. as provided by our charity partners. is given below. Safe Child Thailand Report of the Trustees 31 March 2023 DEVELOPMENT, AcTIV￿lEs AND ACHIEVEMENTS (continL￿dI 1. Health & Nutrition This programme aims lo enhance ihe overall hearth and well-being. both physically and mentally, of children by offering nutllts"on31 support and healthcare services to those who 8ro vulnerable or at risk. Additionally, the program supplies fresh water and nulrillous food to students at Migrant Learning Centr8$ and residential settings. Safe Child Thailand's health programme inclu¢Jes medical check-ups. as well as Ihe promotion of physical health development aclivilies. Furthemiore, Safe Child Thailand collaborates wlh local partners in Mae Sol on a mental health project. which invofves conducttng awareness sessions on mental health and social well-being al Migrant Leaming Cenlres and wilhin communities. In addrtion. SCT has org8nised Psychological First Aid {PFA) training sessions for focal petsons from Migrant Learning Cenlres. We work•d with 7 partners. 2.145 0lr•¢t Bgneficiaries and wlth over 502 Indlr¢¢t Beneflclaries 2. Chlld Protectlon and Safeguardlng The objeclive of Ihe programme is to enharbce the understanding and implementation of Child Protection and Safeguarding among practitioners and children. The programme encompasses various activities such as providing Child Safeguarding training lo teachers and skillino up Trainers lo facilitate Sale Touch awareness ￿SsIOnS tor migrant students. We worked with 1 partn•rs. 2.966 Dlrect Beneficlarles and wlth over 9.000 Indlrect Beneficlarlos 3. Keeping Families Together Families with children who have disabilities often opt for residential care. However. Safe Child Thailand's primary focus is on keeping families together by providing comprehensSve support lo familios with children who have disabilities. This approach alms lo dlssuade parents from choosing to send Iheir children lo iesidenlial care centres. scrs approach includes tailored physiolherapy activities and physical rehabililalion that are cuslomised lo each child's specific disability. The programme addresses the overall health, development. and well-being of chIld￿n with disabilities. For children wilh inlellectual disabilities. occupational therapy is provided lo help them learn ossential life skills and daily routines. SCT also provKles dry food packages to familles with disabled children. SCT extends community-based rehabilitation services to families with children who have (Sisabililies within their communities. Collaborative partners offer in-house rehabililalion training to pafenls. enabling them to provide care al h￿ne reducing the neefl lo brsng their disabled children to external centres. Safe Child Thailand Report of th• Tru$t••s 31 March 2023 DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS {continued) 3. Keeplng Families Together Iconlinued) This year. we raised vital funds to purchase a school bus for a special care cenlre. enabling the children to travel safety and comfortably between home and school. W& w¢rked with 4 partners. 173 Direct Beneficiaries and with over 45.355 Indirect Beneficiaries 4. Resldgntlal Safe Child Thailand's main strategy is to focus on Care Reform. Whilst this aims lo keep children ￿thin their families. Ihere are times when it is necessary for children lo be housed in iesidenlial settings. This is lo ensure the child's safety and musl be reviewed regularly. In these urgent cases we continue to support residential centres bul only where il is deemed necessary. The objective of Safe Child Thailand's residential programm8 remains cenlred on providing comprehensive support- induding food. educalK)n. care. and protection- to at-risk childien ill residential settings. In addition to its residential support efforts, SCT has introduced a 'Care and Love" programme. This initiative involves regular weekly meetings belween our staff and sponsored children. aimed at expressing care whilst also providing an important update on the welfare of the child. We workad with 7 partners. Direct Bonoficiarifrs 2.325 chlldreTr 5. Educatlon The SCT educatKJn program ts designed to extend educational assistance lo Students facing challenges. This support encompasses education scholarships and the provision of new school uniforms. Moreover, Ihe program seeks lo enhanc8 the overall quality of education for underprivileged children, offering opportunities such as extra lulorial classes during summer breaks, engaging summer camps, dynamic sports activities, and s￿ut camps. Addilionally, the education program IS LX)mmitted lo aiding young adults attending vocational schools by impartin9 skills that enable Ihem to achieve indgpendent livelihoods. We worked wlth 8 partners. 978 Direct Beneficlaries and with over 233 Indlrtt¢t B•nefl¢laries Safe Child Thailand Report of tha Tw$t¢e$ 31 March 2023 DEVELOPMENT. ACTIVITIES AND ACHIEVEMENTS {contbnuedl 6. Alternative Care Reform Safe Child Thailand has taken a pioneering role in advancing allernative Care Reform In Thailand through launching a range of comprehensive programmes, including a residential home transilion project and research initiatives. One significant endeavour is the Home Transition Project, which seeks to establish a pilot project for the numerous homes across Thailand. In collaboration wtth partners. SCT is developing Iransilion loolkils and facililaling the exchange of eXperien￿S to benefrt other residential homes. Additionally. Safe Child Thailand has fom)ed a partnership with Mahidol University. Bangkok, to conduct research that involves mapping Out residential homes in Thailand. This research serves as a foundatK)n for subsequonl a(Jvocacy efforts wthin the field of alternativ8 Care Refomi. Our in-counlry partner has pr(KEuced Iwo research papers that have been presented al the National Alleinative Care Conference in Bangkok and other media events. effectively disseminating valuable insKJhts. Safe Child Thailand has al80 hosted two conferences largeling dislincl slakehoklers. Both conferences shared a common goal of advocating for the significance of Care Reform in Thailand while also showcasing best practices related lo various aspec15 of ca￿ Refomi. With the aim of introducing and reiler81ing the Uniled NalK)ns Guidelines on Allefnalive Care. Safe Child Thailand has organised training sessions for1￿81 NGOS. This initiative is geaf8d towards empowering practrtioneTs to implement operational changes within their own services and residential cenlres. Safe Child Thailand's signature project. "Child's Voice.- posilions the empowerment of children in residential care al the core of care refom. This projed has been warmly embraced by ¢hildren and young aduSls. as well as local partnefs who recognise ils importance in promoting meaningfvl change within the care system. Wa work¢d wlth 4 partners. 538 Dlrect 8eneflclarles and wlth over 32,786 Indlrgct Beneficiaries Safe Child Thailand Report of the Trusteés 31 March 2023 DEVELOPMENT. ACTIVITIES AND ACHIEVEMENTS l¢ontinued) Childprolecbon ￿1￿l￿g lo teache Love and Care Programme Safe Child Thailand 10 Report of the Trustaos 31 March 2023 DEVELOPMENT. ACTIVITIES AND ACHIEVEMENTS (continued) NationalAltematiV8 Care Confemnc8 in Bangkok Care Reform Matlers Conference in Bangkok Uniled Nations Attemative Care Guidelines training Safe Child Thailand 11 Report of tho Trustee$ 31 March 2023 DEVELOPMENT. ACTIVITIES AND ACHIEVEMENTS {continuedl Fundralsing and development We are incredibly grateful thal despite the global challenges we all continue to face. our donors continued lo support ourwork in 2022123. We would like lo thank each and every one of our incredible supporters who continued working with us throughout the year lo supptsrt families and children in Thailand. Despite the conlinued decline in child sponsorship globally and ongoing challenges lo corporate fundraising caused by th8 global r8c8ssion, Safe Child Thailand has done remarkably well in its lundraising efforts with donation. grant and sponsorship income remair)ing constant for the financ&al year 2022123. W8 received exceplkjnal support from individual donors who generously donated a total of £341.343 towards ourwork with marginalised children and families. Durtng 2022r23, our child sponsorship programmes continued lo operate in five provinces enhancing the well-being of sponsored children through essential resources and opportunities. We are incredibly grateful lo our regular and individual donors whose generous contribution played a crilical role in supporting our misston lo provide a safe and nurluring enwronmenl for children, and enabled us to respond to urgent needs through largeled inf(iatives in cownmunilies. During the y8ar, we raised £6.130 in donations from online fundraisers and social media campaigns and a further £6.803 from communty gfOUPS such as the Developing World Group. who kindly supported our leacher training pfogTamme in Mae Sol. We raised 8n additional £4,803 from other community fundraising activities such as the Magic of Thailand. and Rlchmond RUNFEST which took place during the year. W8 are very grateful for tho generous support of EP Legal Setvices and the Anglo Thai Society enabling us to Teach even more children and families in need of assislance. In 2022123. we continued w0￿1ng with trusts, foundation5 and slalulory paTtners lo deliver life-changing support to Childien 8nd families in Thailand to ensure that children grow up in a safe and nurturing environment. We created new partnerships, whilst maintaining strong relationships wlh currenl donors. A huge thank you to all the trusts and foundations who have continued working with us to support families and children in Thailand throughout the year. We are very grateful to those who donated lo our Education Appeal lo support the education ol migrant children in Mae Sot. such as the David Lisler Charitable Trust. Sir John Sumnerfs Tru51, walla￿ Bell Charitable Trust, The Tula Twsl. Belacqua Charitable Trust, Chrisladelphian Samaritan Fund. Dennis Allan Yardy Charitsble Trust, Stella Symons Charitable Trust. and The Cuckoo Hill Tnjsl. We are graleful lo Ihe Pal Newman Memorial Trust. Community of the Presentation Trust, and Trelix Charitable Trust who donal&d lo our Minibus Appeal and successfully raised funds for a new minibus for children with disabilities. We are gratelul for the generous donalions from the Pagel Trust and the Donald R Moll Trust, the CB and HH Taylor 1984 Trust's grant towards our mobile migrant applicatlDn programme, and the Cuckoo Hill Charitable Trust's donation towards our Care Refom) work in Thailand. Safe Chifd Thailand 12 Report of the Trustees 31 March 2023 DEVELOPMENT. ACTIVITIES AND ACHIEVEMENTS Iconthnuedl Fundralslng and development (continued} Durin9 the year. we started a new proiecl with the Slate of Guernsey's Overseas Aid & Development Commission. We received a lolal 01£16.460 lowar(Is our projecl,"Mental Health Support to Improve Educational Attainment for Oisplaced Childien on Ihe MyanmarlThailand BordeT following the COVID-19 Pandemic" Through Ihis project, we have directly supported migranl students. parents. and teachers through child-locused personal development training, mental health training for students. leachers and paren15. famity support for children with disabilities, and IT training for students and teaclws. Thls year marked the end of most of our programme advities with CLtrrenl funding from the UBS Optimus Foundalton fof the first phase of the "Keeping Children Safe al Home in Thailand. programme. In the year 2022123, UBS Optimus Foundation contributed £94,764 toward5 the programme which began in 2020. Over the ￿urse of Ihe programme, Safe Child Thailand and the UBS Optimus Foundation have worked together to reform care practices In Thailand. We have prolecled migrant children through Child Protection trainings for migrant students. teachers, an(1 staff at mi9ranl learning centre5. we have ensured the voices of children living in reshlential care are heard through our Child's Voice project. we have Iransitioned children living in residential care into knnship care and have worked with an Ofphanage in Chiang Mal to begin their transition into a family support cenlre. Additionally, we funded a National Care Reform Confererbce in Bangkok in February with representatives from UNICEF, the Department of Children and Youth. NGOS, stakeholders. and representstives from the Royal Thai Govemmenl as well as local govemmenl. Additionally, we delivered a Care Reform Matters conferen￿ in Bangkok which brought together Safe Child Thailand's residential partners to discuss different components of reforming Iheir care practices and pledge the sleps they will each take towards Care Refomi. Finally. we released Ihe"No Child Left Behind.. No Less Than 120.000 Children in In51itulional Care" ieport. a report endorsed by the Department of Childfen and Youth. and eyeaopening to the number of children still livin9 in instilulional care across Thai18nd. Atl of us at Safe Child Thailand remain inuedibly thankful lo our donors who continue lo klndty support us. We would like to thank each and every one of our generous supporters. for continuing to share our commilmenl lo deliver life-changing support to children and families In Thailand. Safe Child Thalland 13 Roport of the Tru$te¢s 31 March 2023 PROJECT SUPPORT POLICY Duo dlllgonce on partner organisations SCT has continued to improve due diligence procedures for grant making. recipient organisalions. and project implementation. Due dilKJence is ¢8rried out lo ensure that all partners are reputable, and acting in compliance with Thai charitable law and inlernalionally recognised child protection standards. All partners and grant re¢ipienls are regulaty vetted to ensure fin8nci81 viability and transparency, accountability for delivery of aclwilies and lo ensure the protection of any vulnerable beneficTraries in their care. SCT ¢ollècl$ documents and polici&s from partner organisalions. and also regularty Msils partners in Thailand lo monitor pro￿015. In 2022123, SCT required that all partner organisations musl have= • Registration in Thailand, or operate underthe umbrella of a regiSt8red Thai organisalion,. • Externally audited accounts. except in the cases where support Is non-financial.. • A comprehensive. Up1(￿date child proleclM)n and safeguarding policy,. + Sufficient financial controls in place. wlh clear. ￿MPrehensiVe fin8nclal manuals., and + Capacily lo monitor and evaluate project impact. SCT ha5 continued lo improv& and strengthen dug diligence procedures throughDuI 2022123 and will do so further into the future. Our commttmenl femains first and foremost lo the protection of children and championing Care Refomi in Thailand. SCT will continue lo expect high standards of child proteclion. financial transparency, and project effectiveness from all partners and granl recipients. FINANCIAL REVIEW Résults for the y•ar A summary of the results for the year is gwen in Ihe slalemenl of financial activities al page 25. This shows total income for the ye8r of £543,676 compared lo £538,844 in 2022. The principal sources of the charity's income are donations. grants from trusts and legacies. Expenditure during the year totalled £708,92812022 - £618.5151 and comprisfjd £135,358 12022- £123,896) on raising funds and £573.57012022 - £494.619) on direct and indirect expenditure aimed al providing support to children in Thailand and its l)order countries. The charity's deficit for the year was £165.252 {2022- defiat of £79.671)- Reserves policy and flnan¢lal po$ltlon The Trustees have established a policy whereby the unreslricled funds not commilled or invested in the tsngible fixed assets Ihe charity holds I'the free reserves,) should bg between three and six months of the total expenditure. At this level. the Trustees feel that in the event of a significant drop in funding Ihey would be abte lo carry on the charily's activilies for al least this period. Safe Child Thailand 14 Report of the Trustees 31 March 2023 FINANCIAL REVIEW (continued) Resepies policy and financial position Iconlinued} As of 31 March 2023. the charity had totsl funds of£506.87312022- £672,125>. Of this lolal. £71,524 12022 £102,905) ts restricted 8nd held for applicallon towards specific projects andlor activities. A further £30.00012022 - £50.0001 has been designated lo covèr the cost for the Offi￿ accomm￿atIOn and £456 represents the tangible fixed assets. Free 18seryes, or general funds. al 31 March 2023 tolalled £404.89312022- £519,220) and equated lo 5.9 monlhs, expendiluie based on Ihe budget for the next financial year. falling in line with the desired lev81 sel out in th8 charity's reserves policy. Investment policy and returns Under the Memorandum and Articles of Associaiion. Ihe charity has the power lo make any inveslmenl which the Twslees See fil. The Trustees h8ve Considered the most appropriate policy for investing funds given the lime frame for holding monies and investment risk. As a consequence, they hold th6 majority of the charity's funds in Treasury Reserve deposits. The Trustees consider the Telurn on these deposi15 to be disappointing bul in lino with prevailing rates available in respect of Ihis lype of investment. Tanglble flxed assets Details of movements in tangible fixed assets are set out in note 8 lo the financial statements. Fundralslng slat¢menl The charity aims lo achieve best practice in the way in which it comrnuni¢ales with supporters. It takes care with bolh Ihe lone of ils communications and the accuracy of its data lo minimise Ihe pressures on supportets. The charity is registe￿d with the Fundraising Regulator and adhere5 to the Code of Fundraising Practi￿. 11 applies best pfaclice lo protect supporters, data and never sells data, il never swaps daia wilh other organisalions. and ensures that its communlcation pieferences can be changed al any lime. Tho Charity manages ils own fvndraising activities and does not employ the services of Professional Fundraisers. The charily undertakes lo react lo and invesligate any complaints regarding ils fundraising activities and lo leam from them and improve its service. During 2022123, the charity re￿iVed no complaints about ils fundraising a¢livities. FUTURE PLANS AND STRATEGIES Followng on Irom this yearfs exceptional Care Refomi activities we will continue lo focus on supporting Care Reform wlhin Thailand. We will build upon wh81 we have learnt and work w(th both the Royal Thai Govemment. local partners and those prowding residenti81 care to drive change forward. Raising awareness of Child Protection and Safe9uarding will remaln central to our work as wll the importance of ensuring Ihal children wth disabilities will fealuro in all our Care Reform themes. During Ihis next year we aim lo recruit an in country fundraising consultant lo assist wilh raising funds within Thailand. We now hold a Thai bank account and this wll enable more Thai based lundets lo support our work. Safe Child Thailand 15 Report of tho Trusteés 31 March 2023 STRUCTURE. GOVERNANCE AND MANAGEMENT Trustaes All Trustees of the charity constitute company directors for the pufpose of company legislation. Existing Trustees have the power lo appoint 8ddilional Trustees as they consider necessary. The Trustees who served from the start of the 2022123 financial year and up to the dale of approval of this report are shown below.. Trust•o$ Mr S Bud(ley Dr S Conway Mr F L Cremer r M Hurfey Mr S Landy Mr M Pailerson Truslees are supported to meet their responsibililigs in three main areas as highlighted by the Charity Comrnission.. Ensuring Compliance, Duty of Pfudenc8. Duty of Care. They receive regular updates of their responsibilities and are encouraged to develop their roles wilhin the ¢harily. The Trustees meet four times each year to delermine Ihe charity's strategy and oversee ils activities. In order for the Trustees lo more efficiently manage and oversee the 51ralegi¢ direction of the organisation, they have fom)ed four committees.. Finance. Govemance, Programmes 8nd Fundraising. Each Committee is chaired by 8 drffeTenl Twslee and indudes al least two other Trustees together with th& Chièf Executive off￿er {CEOI. The Head of Fundraising and Development and the Manager of Programm8s and Partnerships sil on the ProgramThe8 Committee. Each Committee has developed a terms of feference and has the power lo invite non-Truslees with Speryf￿ and relevanl experien￿ to sit on the Comrnittees on an ad hoc b8Si8. The charity has a CEO responsible for the day-tcfrday work of the charity and a small team of staff which manages the work of the charity. Koy managomant pgrsonnal The Trustees ￿nS￿￿er that they together wilh the CEO. Head of Fundraising and Developrnent. and the Manager of PTogrammes 8nd Partnerships comprise the key management of Ihe charity in charge of directing and controlling. running and opefating Ihe chafity on a day lo day basis. The remuneration of key management is dectded upon by the Trustees. A fom)al policy for the Teview of management remuneration ha5 been developed by the Trustees. Rlsk Managamant The Tiuslees. in conjunction with the CEO. have ￿rried out a comprehensive audit of all potential risks facing Ihe organisation which will be monitored over the cornlng year. The risk gisler is ￿￿eWed at Trustee meetings outlining the risks and what is being done lo miligal8 them. Safe Child Thailand 16 Report of the Trustees 31 March 2023 STRUCTURE. GOVERNANCE AND MANAGEMENT {continued) Risk managomant Iconlinued) The th￿e principal risks faced by the charity are.. Generation of income" Ensuring Ihal funds remitted overseas are applied correctty for the intended Pufposes. and Erbsuring high slandards of Safeguarding aThl Child Protection procedures are implemented and followed by Thai partners. Each of the above areas is explained in more det8il below.. • Generatlon of In¢ome The charity is very dependent on the gen8ro$ity of tho public for tha donation of funds lo enable ils work and is naver complacent about the fact that ils incom8 relies on such giving continuing even in challenging econOrn￿ times. The charity strives lo ensure that donors are kept infomied of the progress and successes achieved by the Charity and looks a￿ayS to maximise ils fundraising by publ￿1$1￿9 the plight of children in Thailand and ils border countries and the need for support. The Trustees, together with the CEO, are currently reviewing the charity's strategi¢ approach to generatin9 funds in the future from Ihe public and from olher sources such as grant making trusts and corporate giving. In doing so. the charity is very aware of Ihe need always lo raise monies in an ethical manner compliant with the hJndr8ising rules laid down by th8 Fundraising Regulator and the Fundraising Standards Board and olher Tegulalory bodies. + Overseas donations and grants The Charity donales significant sum5 10 sUPPOrt children in Thailand. The Trustees and man8gemenl of the tharity always ensure that they are fully briefed about and familiar th the work of a potential rerypienl of funds, that funds are transferred via bank transfer. that proof of receipt 15 obtained and that. wherever possible {and always in the case of monies sent overseas). a full wrttten report of how the monies have been ulilised and applied is obtsined from the recipient. • Safeguarillng As an organisalion that wot1(s exclusively to protect and uphold the rights of the most dlsadvantaged children in Thaifand. we are committed to having in place robust and stringent safeguarding policies. We have polKies in place and are constantly slriwng to improve these so that they are appropriate for both the UK and Thailand. Safe Child Thailand 17 Report of the Trustee$ 31 March 2023 STRUCTURE, GOVERNANCE ANO MANAGEMEhlT Icontinuedl Stat•m•nl ¢f Trustees. responsibilities in relation to the Ilnancial $latements The Trustees {who are directors of Safe Child Thailand for thè purposes of company lawl are responsible for preparing the Trustees. report and the financial statements in accordance wilh appllcablo law and United Kingdom Acu)unting St8ndards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Tnjstees lo prepare financtal statements for each financial year which give a true and fair view of the stale of affaits of the charitable company and of the income and expenditure of the charitable company forthat period. In preparing these financial slalements the Trustees are requifed to: • Select suitable accounting poliaes and appty them conslslenlly.. • Observe the melhods and prinuples in Accounling and Reporting by Charities.. Slalement of Recommended Pra¢lice applicable lo Chaiilies preparing their accounts in accordance th the Financial Reporting Standard applicable lo the United Kingilom and Republic of Ireland {FRS 1021. • Make judgements arKI eslimales that are reasonable and prudent- • Slate whether applicable accounting standards have been followed subject lo any material departu￿$ disclosed and explained in the financial siatements,. and + Prepare the financial statements on a going concem bas¢s unless il is inappropriate lo assume that the charity will conbnue in 0￿ratiOn. The Trustees aro responsible for keeping propef accounting records which disclose with ieasonable accuracy at any lime the financial position of the charity and enable them lo ensure Ihal the financial statemenls compty wilh the Companies Act 2006. They are also responsible for safeguarding Ihe assets of the chality and hence for taking reasonable steps for the prevenlron and detection of fraud and other irregulallties. Each of the Trustees confirms that: so faras the Trustee is aware. there ts no relevantaudit information ofwhich the charitable company's auditor is unaware: and • the Tfustee has taken all the steps that he or she ought lo have taken as a Trustee in order to make himsew or herself aware of any relevant audit inforrnalion and lo estsblish that the chariVs auditor bs aware of that information. This confim)ation is giv8n and should bè Inte￿re18￿ in accordance wilh the provisions ot s418 of the Companies Act 2006. Safe Chil¢J Thailand 18 Report of the Trustees 31 March 2023 STRUCTURE, GOVERNANCE AND MANAGEMENT Iconlinuedl Statement of Trustees. responsibilities in relatlon to tho flnanclal statements Iconlinuedl The Trustees are res￿nSIble for the maintenance and integrity of the corporat8 and financial information included on the charitable company's websiie. Legislation in the United Kingdom governing Ihe preparation and dissemination of financial slalements may differ from legislation in other jurisdiction5. APPROVAL This report was 8PPfoved by the Trustees and sKJned on their behalf by= Steve Buckley Trustee Approved on.. Safe Child Thailand 19 Independent audltof S roport Year lo 31 March 2023 Independont aUdit0￿S report to the members of Safe Child Thailand Oplnlon We have audited th8 financial statements of Safe Child Thailand (the 'charitable company'} for the year ended 31 March 2023 which comprise the statement of financial aclivilies, the balance sheet. the statfrmenl of cash flows. the prinap81 accounting policies and the notes lo the financial stalemenls. The financial reporting framewoTk that has been 8pplied in their preparation is applicable law and United Kingdom Accounling Standards. including Financial Reporting Siandard 102 'Tho Financial Reportin9 Standard applicable in the UK and Republic of Ireland, (United lQngdom GenerallYAc￿pted Accounting Practice). In our opinion. the financial statements- give a true and f8ir vlew of the slate of the charTtable company's 8ffalrs as al 31 March 2023 and of its income and expenditure for the year then ended.. • have been property P￿pared in accordarK8 wilh United Kingdom Generally Accepted Accounting Practice.. and • have been prepared in accordan￿ with the requirements of the Companies Act 2006. Basis for opinlon We conducted our audit in accordance with Inlemalional Stsndards on Auditing IUKI IISAS IUKI) and applicable law. Our responsibilities under those standards are further described in the auditor's responsibililies for the audit of the financial slalements seclion of our report. We are Independent of the charitable cofftpany in accL)Tdance wth the ethical requirements that are relevant lo our audit of the financial statements in the UK. including the FRC'S Ethical standard. and we have fulfilled our ofher ethical responsibilities in accordan￿ with these requirements. We believe that the audit evidence we have obtained is sufficlent and appropriate to Provide a basFs for our O￿niOn. Con¢luslon$ relatlng to golng ¢on¢em In auditing the financial statements. we have concluded thal the trustees. use of the going concom basis of accounting in Ihe preparation of the finan¢ial slatements is appropriate. Based on the work we have performed. we have r￿t identified any material uncertainties relating to evenis or conditions that, individually oi collectively, may cast Significant doubl on Ihe ¢ompany's ability lo conlinue as a going concem for a period of at least twelvg months from when the financial statements are authorised for issue. Our responsibilihes and the responsibdities of the directors wlh respect lo going concern are descrtbed in the relevant sections of this report. Safe Child Thailand 20 Ind8pènd•nt audltor's Teport Year to 31 March 2023 othar Information The Trustees are responsible for the other inlomialion. The othef information cornprises the information induded in the Report and Financial Slalemenls, other than Ihe financial statements and our audrtorfs report Ihereon. Our opinM)n on the financial statemènts does not cover the other information and. except lo the extenl otheNise expllcluy stated in our report. we (Jo not express any form of assurance conclusion Ihereon. In connection with our audit of the financk31 statements. our responsibility is lo read Ihe other information and. in doing 50. consider whether the other infoTmalion is malerially inconsislenl with the financial statements or our knowledge obtained in the audit or olhetwise appears to be materially misstated. If we identify such material in¢onsisl8ncies or apparent material misstatements, we are required to delemiine whether there is a material misstalemenl in Ihg rinancial sl8temenls or a material misslatemenl of Ihe other information. If. based on the work we have performed. we conclude thatthere is a material misststemenl oflhis other information, we are required lo report that fact. Wo have nothing to report in this regard. Opinions on other matters prescribed by the Cornpanies Act 2006 In our opinion. based on the work undertaken in Ihe course ol the audit= • the information given in the Trustees. report. which is also 8 dire¢lors' report for the purposes of ￿MpanY law. for the financial year for which the financial statements are prepared is consistent with the financial statements- and • the Truslees, ￿pOrt. which is also the direclors. rgport for the purpose of company law. has been prepared in accordance wsth applicable legal requirements. Matters on which we are requlred to report by exceptlon In the lightof the knowledge and understanding of Ihe charitable company and ils environment obtained in the course of Ihe auilil. we have not idenlified material misstalemenls in the Trustees. report. We have nothing to report in respecl of the following matters in relation lo which the Companies Act 2006 requires us lo report lo you if. in our opinion.. adequate accounting records have not been kepl, or retums adequate for our audit have not been received from branches not wsiled by us.. or • the financial statements are not in agreem8nt wth the accounting records and returns,. or certain dssclosures of Trustees. remuneration specified by law are not made., or we have nol rec8Ned all the information and explanations we require for our audit.. or • Ihe TTuslee5 were not entilled to prepare the financial statements in accordance with the small companies Tegirne and lake advantage of the small companies. exernptions in preparing the Trustees. report and from the requirement to prepare a slialegic report. Safe Child Thailand 21 Indep&ndent audltovs r¢port Year to 31 March 2023 Responsibilities ol Trustees As explained more lully in the slalemenl of Trustees, fe5ponsibililies in relation to the financial statements contsined wlhin Ihe Trustees. report, the Trustees are responsible for Ihe preparation of the financial slalements and for bging salisfi&d that they give a true and fair view. and for such intemal wnlrol as the Trustees determine Is necessary to enable th8 preparation of financial statemenls Ihal are free from material misstatement, whelher due lo fraud or errot. In prepaiing the financial stalemenls. the Trustees are responsible for assessing the charitable company's abilty to continue as a going concern, disclosing. as applicable, matters related 10 going concern and using the goin9 concern basis of accounling unless the Iruslees either intend lo liquidate th$ charitaNe company or to cease operalioris. or have no realistic allemative bLrt to do so. Auditor's rosponslbllltles for the audlt of the financlal ststem¢nt$ Ourobjecllves are lo obtsin reasonable a$Surar￿ about whether the financlal slalements as a whole are free from material mi5Stalemenl, whtrther duo to fraud or error. and lo issue an audilorfs report (hal includes our opinion. Reasonable assurance is a high level DI assurance. bul is not a gu8rantee that an 8udil conducled in accordance with ISAS IUKI will always delecl a material misslalemenl when il exists. Mis5t8lemenis Can arise from fraud or error and are conSide￿d malerial if. individualty or in the aggregate. they could reasonably be expected to infiuence the economic decision5 of usets tsken on the basis of these financial 51alements. I￿egularitieS. including fraud, are instan￿5 of non-compliance with laws and regulation5. We design procedures in line with oui res￿)nsibIlitieS. outlined above, lo delect material misslatemerits in respect of irregularities, including fraud. Th? extent to which our procedures are capable of detecting irregularities. induding fraud is detailed below. Our approach to identifying and assessing the risks of material misstslemenl in respect of irregularities. induding fraud and non-compliance with laws and regulations. was as follows.. Ihe engagement director ensured that the engagement team collectively had the appropriate competence, capabililies and skills to idenlty or recognise non-complianc8 with applrcable laws and regulations- and we obtalned an undorstsnding of the legal and regulatory framèworks that are applicable lo the challty and delerrnined that the most significant frameworks which are directly relevant lo specific assertions in Ihe financial slalemenls are those that relate to the reporting framework Islaleffjent of Recommended Practice.. Accounting and Reporting by Charities pfeparing their accounts in accordance wth the Financial Reporting SlandaTd applicable in the United Kingdom and Republic of Ireland IFRS 1021, the Charilies Act 2011. and Ihe Companies Act 2006. We assessed the susceptibility of the Chari￿5 finanual slalements lo material misslalemenl, induding obtaining an understanding of how fraud might occur. by.. making enquiries of management as lo their knowledge of actual. suspected and alleged fraud- and Safe Child Thailand 22 Independent auditor's report Year to 31 March 2023 Audltor's r8sponslbilitlas for the audit of the financial statem•nts Icontinuedl considering the inlemal controls in place lo mrtigale risks of fiaud and non.compliance with laws and regulations. To address the risk of fraud through management bias and overiide of controls. we.. perfomed anatytical procedures to identify any unusual or unexpected relationships.. perfomied substantive lesling on expenditure including the aulhorisation Ihèreof., tested joumal entries to idenbfy unusual Iransactions: and assessed whether judgements and assumptions mad8 in determining the accounting eslimales were indicalive of potential bias. In response to the risk of iiregularilies and non-compliance with laws and regulations, we dgsign8d procedures which included. but were not limTted lo.. reading the mlnutes of meetings of those charged with govemance; and enquiring of management as lo actual and potential liligation and claims. There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from finanryal iransactions. the less likely it is thal we would become aware of non•comp1ian￿. Audtting standards also limit the audit procedures required lo Identify non-compllanc8 wilh laws and regulations to enquiry of the trustees and othèr management and the inspection of regulatory and legal Correspondence. if any. Material misslalements thal arise due lo fraud can be harder lo detect Ihan those that arlse from error as they may involv8 deliberate concealment or collusion. A further descfiplion of our responsibilities for the audit of the financial slalemenls is located on the Financial Reporting Council's website at www.frc.or .ukJaudilorsres onsibilities. Thls description forms part of our auditorfs report. Use of our report This report is made solely to the chariiable companls members. as a body. in accordance with Ch8Pter 3 of Part 16 of Ihe Companies Act 2006. Our audit work has been undertaken so that we might slate to the charitable ￿mpanY'S members those matters we are required lo stste to them in an audilorfs report and for no other purws8. To the fullest extent permilled by law. we do not accept or assume responsibility lo anyone other than the charitable company and the charitable company'5 members as 8 body, for ouraudil work. for this report, or for the opinions we have fom￿￿. *¥•¢ Gumayel Miah (Senior Stalulory Audilorl For and on behalf of Buzzacott LLP. Ststutory Auditor 130 Wood Slfeel London EC2V 6DL Date: 18 December 2023 Safe Child Thailand 23 Statèmont of flnan¢l81 a¢tlvitles Year to 31 March 2023 1Sn¢luding incofne and expenditure account) Total lund5 Unrèstri￿td Reslrfcled 2023 furKIs funds Total funds 2022 Unre5trlcted Reslrfcted lunds fvnds Income andExpBndllur• Incorne from.. Donalion5. gran15 and kngar48s Inleresl re¢8Nat4è 383.172 1S8.218 2.286 385.450 S41.390 2,286 S43.676 475,842 59 62,943 538,785 59 Totsl Incomg 158.218 475.￿1 62,943 538,844 Expendltute on= Raisng funds Charitswe acUwts"88-SUFf*) children in ThailarNI 135.35£ 134358 123,896 12J.896 408,731 164.839 514.089 164.B39 573.570 708.928 379,512 503.408 115.107 115,107 494.619 618.515 Total oxpendlture Net oxpondrtUTO 115B.6311 16,6211 1165,2521 127.5071 152.1641 179,6711 Trar6fers be￿en fvr 13 24.760 (247601 19,544 119.5441 Net fflovomont In fur 1133.8711 131.381} 1165.2521 17.*31 171.7081 179,8711 Reconclllatton of fund5'. Fund balarLe5 broughlforwgrd al 1 Awl 2￿22 569.220 10Z,905 672.125 571.183 174.613 751,796 FvrLd balan¢*$ ¢afrl•d fornard at 31 March 2023 435.349 71.524 506.873 569.220 102,905 672,125 l of the charIt￿S activities derived from ￿ntinuIng operations during the above two finandal years. Al recognised gains and losses aro included in the slatemgnt of finanaal activities. Safe Child Thailand 24 Balance sheet 31 March 2023 2023 2023 2022 2022 Notes Flxed a$$ets Tangib18 8ssets Current 8sset8 Debtors Cash al bemk and In haThJ 36.968 S28.796 565.764 38.416 687,120 725,536 Liabilities.. Ciedilors.. amounls faliThJ due thin one year Not current assets 10 159.347) 153.4111 506.417 672.125 Total net assets 506,873 e72,125 The fvnds ofthe charlty: Unrestricted funds . General funds . Oe5i9nated fund . TangSble frAed as5els lund 404.893 30,000 456 519.220 50.000 12 435.349 71,524 S06,873 569.220 102.905 672,125 R8Strict8d funds 13 The financial statements have been prepared in accordance With the special provisions of Part 15 of the Companies Act 21X)6 relating lo small companies and with the Financial Reportin9 Standard 102. >prov8d by the Trustees of Safe Child Thailand and signed on their behalf by= ve Buckley Trustee Approved on: 1SILI} Company Registration Number 4157530 (England and Wales) Charity Registration Number 1085407 Safe Child Thailand 25 statoment of cash flows Year lo 31 M8r(1) 2023 2023 2022 Note5 Cosh flow$ from opentlng a¢tlvllles: Net cash used in operating activiti85 A 1160,0971 164,5931 Cash ffows from Invesllng and ￿pHa1 actlvllles: Interest receNed Purchase ol tangible fixed assets N•t cash provlded by Inv•stlng a¢tlvit50$ 2,286 15131 1,773 59 59 Change In cash and cash equlvalents In the y￿r (158.3241 164,5341 Cash and cash equlvalent$ at 31 Ma￿h 2022 687,120 751,654 Cash and cash •qul¥al•nts at 31 March 2023 528,796 687,120 Notes to the statemgnt of ca$h Ilows for thg yéar to 31 March 2023. A Reconelllatlon ol net lexp•nditure) to net cash used In opgratlng actlvitles 2023 2022 Net axpendlture las per the statemenl of flnanclal acthTilles} Adlustm•nts for: D8preuation chargg Inteiest receNable Decrease fin¢￿ase) In debicKs Increase in creditors Net cash used in operatlng actlvitles 1165,2521 179,6711 57 12,2861 1,448 5,936 {160.0971 833 1591 113,2641 27.566 164,5931 B Analysls of Changes In n•t debt 2022 Cash flows 2023 Total cash and eash equivalents: Cash at bank and in hand 687.120 1158.3241 528,796 No separate reconciliation of net debt has been prepared as there is no drfference between the nel cash {debl) of Ihe charity and the above cash and cash equivalenls. Safe Child Thailand 26 Prlnclpal accountlng pollcles Year to 31 March 2023 Basis of pr8paration The principal accounting polKies adopted. judgements and kèy sources of estimation uncertainty in the preparation of the financial stslemen15 are laid out below. The80 financial staternenls have been prepared for Ihe year lo 31 March 2023, with compardlive informalion prowded in respèct lo Ihe year lo 31 March 2022. The finanual statements have been prepared uThJer the historical cost convention with items recogriised al ¢osl or transaction v81ue unless otherwise stated in the relevant accounting pollcies below or the notes to these financial stslemenls. The financial statements have been prepared in accordance wilh Accounting and Reporting by Charilies-. Stalement of Recommended Pradice 8pplicable lo charities preparin9 their accounls in accoid8nce wilh the Financial Reporting Stsndard applicable in the United Kingdom and Republic of Ire18nd (Charities SORP FRS 1021, the Financial Reporting Standard app1[￿ble In the UK and Republlc of Ireland IFRS 102} and tho Companies Acl 2006. The charity conslilutes a public benefil entity a5 defined by FRS 102. The financial slalements are presented in steding and are rounded to the nearest pound. Critical accounting estimates and areas of Judgement Preparation of the financial statements requires the Trustees and management lo make significanl judgements and estimates. The items in Iho finarKial statements where these judgements and eslimales have been made include.. assessing ￿ether the criteria for the recognition of legacy income has been met; • the allocation of staff costs belween support Costs, expendi￿re on raising funds and expenditure on charitable acbvities- and • the estimalson of fvlure income and expenditure for th8 purpose of assessing going concem {see below). A$sessment of golng concem The Trustees have assessed whether the use ol the going ¢oncem assumption is appropriate in p￿ParIng these financial statements. The Trustees have made this assessment in respect to a period of al least one year from the dale of appfoval of these rinancial slalemenls. Safe Child Thailand 27 Principal accountlng pollcles Year to 31 March 2023 As$•$sment of going concern Iconlinued) The Trustees of the charity have concluded that there are no rnalerial uncertainties related to events or conditions that may ca51 significant doubl on the ability of the charity to continue as a going concern. The Trustees are of the opinion that the charity will have sufficient resources lo meet ils liabililies as they fall due, bul they are mindful of the need for the charity lo continue to gener3le donations and the fact Ihal Ihbs has become more difficult in recenl years because of the challenging economic conditions. The Twslees, together wilh Ihe Chief Executive. continue to r8view th8 charity's strategic approach lo generating fund5 from Ihe public and from other sources such as granl making trusts and corporale giving. Income recognition Income is recognised in the perio(J in which the cknarity has enlillemenl lo the income. the amount of income can be measured reliabty and it is probablg that Ihe income will ba iec8ived. Income comprises donallons. grarils from trusts. legacies and interest receivable. Donations are recognised when the charity has confimiation of l)oth the amount and settlement date. In the event of donalions pledged but not received. the afflount is accrued for where the receipt is consideied probable. Ir) the event that a donation is subject lo conditions that require a level of performance before the charity is enlilled lo th& funds. the income is deferred and not recognise(l until either those conditions are fully mel. or the fulfilmenl of those conditions is wholty within the conlrol of the charity and il is probable that those conditions will be fulfilled in the reporbng period. Where donors specify that donations and grants must be used in futuro accounting periods. the income is deferied. Grants from Iwsts are credited lo incovne when the charity has both confirmation of the amount and enlillement lo the income. In the event of grants confirmed bul not received, the amount is accrtjed for where the receipt is considered probable. In accordance ￿th the Chartiies SORP FRS 102 volunteer time is not recognised. Legacies are includ8d in the statement of financial activiiTes when the charity is entitled to Ihe legacy, the executors have established Ihat there are sufficient surplus assets in th8 eslale to pay the legacy. and any condilions attached lo Lhe legacy are within the control of the charity- Safe Child Thailand 28 Prln¢lpal accountlng pollciès Year to 31 March 2023 Incomo recognition Iconlinued} Enlillen)ent is taken as the eadier of the dale on which eilhef- the charity is aware that probate has or will be 9ranted. the estate has been finalise(l and nolificalion has been made by the executor to the charity that a distribution will be made. or when a distribution is received from the estate. Receipt of a legacy. in whole or in part. is only ￿nSIdered probable when the amount can be measured reli8bly and Ihe charity has been notified of the executorfs inlenlion to make a dislribtjtion. Where legacies have been notified to the charity, or the charity is aware of the granting of probate. but the criteria for incom8 recognition havè not been mel. then the legacy is treated a5 a contingent asset and disclosed if material. In the event that the gift is in the form of an asset olher than cash or a fin8n¢ial asset traded on a rec(ygnised slo¢k exchange. recogntbon is subject to the value of the gift being reliably measurable with a degree of reasonable accuracy and the lille of the asset having being transferred lo the charity- Interest on lurids held on dep05il 55 incfuded vthen receivablè and the amount can be rlleasured reliably by the charity.. this is norfflally upon nolificalion of the interest paid or payable by the bank. ExpgndEture rec¢gnltlon Liabilities are recognised as 6xpendituie as 500n as there is a legal or conslru¢tive obligation committing the charity lo fflake a payment lo a third party. it is probable that a transfer of economic benefits will be require(l in selllement and the amount of the obligation can be measurod reliably. All 8xpendilure rs accounted for on an accruals basis. Expenditur8 comprises dlrect costs and support costs linGquding governance cos1s}. Al expenses. including support costs, are allocated or apportioned lo the appIl￿ble expenditure headings. The classification between actNrf(ies is as follows: • Expenditure on raising funds indudes all expendilure associated wilh fundraising. induding applicable staff costs. • Expendlluro on charitable actlvilies includes all costs associated with furthering the charitable purposes of Ihe challty by supporting children in Thailand and its border counlries. Such costs includ8 charitable grants, direcl costs and support costs including governance costs. • Charitable grants and donations are made where the Trustees Consider there Is real need following a review of the details of each particular case and comprise single year payments rather than fflulli-year grants. Grants and donations afe included in Ihe statement of financial aclNilies when approved for payment. Provision is made for grants and donations approved but unpaid al the period end. All expenditure is slated inclusive of irrecoverable VAT. Safe Child Thailand 29 Prlnclpal accountlng pollcles Year to 31 March 2023 Allocation of support and goveman¢• Costs Support costs represenl indirect charitable expenditure. In order lo carry out the primary purposes of the charity il is necessary to provid8 SllPPOrt in the fomi of P8Tsonnel, financial pr￿edUleS. provision ofoffico services and equipment and a suitable working environment. Staff costs are allocaled beiween raising funds and charitable aclivilies on the basis of lime spent on these activities by staff. Al other support ￿$ts are included with the expenditure on charitable activiiies. Governance costs comprise the costs invofving the public accounlability of thg charity lincluding audit costs} and costs in respect lo its compliance with regulation and good practice. Support costs and govemance costs fomi part of the costs of Ihe charitable ￿mpanY. Tangible fixed assets l assets costing more than £500 and wtth an expected useftjl lrfe exceeding one year are captialised. Tangible fixed assels are deprecialed on a stralght line basis over their eslimaled useful lives as follows.. • Computer equipment 3 years • Office fumiture, fixiure8 and fittings 5 years Dabtors Debtors are recognised at Iheir settlement amount. less any provision for nonpTecoverabilily. Prepayments are valued al the amount prepaid. They have been discounted to the present value of the future cash receipl where such d¢scounting is material. Cash at bank and In hand Cash al bank and in hand represents such accounts and instNmenls thal are available on demand or have a maturity of less than three months from the date ol acquisit￿)n. Credltors and provlsions C￿dItorS and provisions are recognised when there is an obligation at the balan￿ sheet date as a result of a past event. il is probable that a transfer of economic benefit will be required in selllement. and the amount ol the selllement can be eslimaled reliably. Credilors and provisions are recognised at the amount the charity anlicipales it will pay lo settle the debt. They have been discounted lo the present value of the fuiure cash payment where such discounting is material. Safe Child Thailand 30 Principal a¢countlng polleles Year to 31 March 2023 Fund structuro Funds held by the charity are divided into the following categories= • Unreslricled general funds are fijnds which can be used in accor(Jance with the charitable objec15 al the discretion of the Trustees. • Unreslricled designated funds cA)nsist solely of tho accommodation fund. This lund has been designated to cover the cost of Offi￿ accommodation overlhe term ofthe charity's lease. + Th& tangibl6 fixed assets fund represents the net book value of the tangible fixed assets used by the charity In furtherance of its objectNes. • Rostricted funds are funds Ihat can only be used for particijlar restricted purposes wthin the objects of Ihe charity- Reslriclions arise when specified by a donor or when funds are raised for parbcuL4r restricted purposes. Further explanation of the nalure and purpose of each fund is induded in the notes lo these financial statefflents. Forelgn Currencies Assets and li8bililies in forevJn currencies are translated into sterling at the rales of exchange ruling al the balance sheet date. TTansaclions in foreign currencies are translated into sterling al the rale of exchange wling al Ihe dal8 of (he transaction. Exchange difference5 are taken into account in arriwng at the nel movement in hjnds. Pgnslon contributlons Contributions in respect of the charity's defined (xjntribulion pension scheme are charged to the statement of financial activities when they afe payable lo the scherne. The charity'5 conlribulions are restricted to the contributions disclosed in note 6. There were no oulslanding contributions al the year end. The charity has no liability beyond making ils conlribulions and paying across the deductions for the employees. contributions. Operating leases Rentals applicable to operating leases vth8re substanlially all the benefits and risks of ownership remain with Ihg lessor are charged to the statement of financial activTties on 8 straight line basis over the lease tsmi. Safe Child Thailand 31 Notes to the flnan¢lal statements Year to 31 March 2023 1 Ineom8 from: Donatlon5, grants and legacies Unrestricted Re5trÈcted funds funds 2023 Unr95tiKt8d R85tricted funds funds funds 2022 lund5 Donations Child Sponsorship Gift Aid Grants Irown Trusts Legacies Oth8r in(xJm8 123.702 197,759 47,668 6.443 6.312 1,288 383.172 32,669 qS6.371 197.759 48,743 130.917 6.312 1,288 541,390 156.904 220,715 60,856 14.490 22.877 28,913 185,817 220,715 62,308 43,070 26,877 1.075 1¥474 1.450 28,580 4.000 158.218 475,842 62,943 538,785 During Ihe year ended 31 Marth 2022 (the comparative period), the charity was notified of a leg8¢y of approximalety £34.000. This legacy has not yel been recognised as income as there is still significant un¢8rt8lnty 8bout the likellhood of receipt of Ihis18g8Cy. 2 Exp¢ndlturo on: Ralslng funds Unrostrided funds 2023 2022 Staff costs Inote 61 Advertistng and p￿￿tC￿Ta￿IY Postage Prinling Online ￿nd[8￿Ing costs Event costs Fundraising travel other expen5e5 121,588 3.192 5,395 3,382 398 112,706 334 2,897 3,906 259 2,679 654 461 123,896 601 357 135.358 Saf8 Child Thailand 32 Notes to th• flnanclal statements Year lo 31 March 2023 3 Expendlture on: Charltablo a¢tlvltlas - supporting chlldron In Thailand 2023 3022 Arnounts forapptkathn ioyoj•¢ InTh•ll*nd He¥lh & N￿ri1￿ ¢hld PrQtttb￿￿SaI￿tth KewMwFdmlUesTageth Re$￿ential 5,550 28.124 ).419 11.(P)S 45.635 17.YJQ 1&420 60,922 43,544 81,YO 1S.IX)8 60.442 27.500 9,g58 237,7 1&500 4110ts 20.148 14,807 10,0 9,958 115.107 50.471 5,180 T8,471 9&110 211.493 Care Relrffli 122.683 Dlr•dty•ltributsblw woJe¢t ¢*)St• Sthff tthts {note6} PfCrtJrafflrne sUPWWt 105.918 6.889 7.474 I￿.281 10Sg18 6.889 7.474 120.281 803 10134? 112.342 S￿p￿rt¢0$ts StsVcosts{nrt&61 9&417 2414¥ 3225 91417 2&847 14571 42.020 32.070 63 070 63 10.637 25.T28 10,637 25.728 833 13.521 11.676 13fj.S48 24,643 DeptÈCiation{Thxe8) SY 11914 12.914 13,e66 182,735 13,521 11,676 I￿.54B fy*gm8nce co5L*1n￿£ 41 iB2.389 111.346 16i839 573.5711 379.512 494.619 4 Governance costs Unreslricled funds 2023 2022 Audrt￿$ remunera￿On L8gal ar￿ prof8ssK)nal charges 9.240 4.426 13.666 8,040 3,636 11.676 5 Net expendlture This is staled after charging-. 2023 2022 DeprE￿al¥j￿ ol tangible ffixed a￿ts OperatSng lease rentsls Audilorfs remuneration (including VATI= . Audit services Defiut on fo￿l9n excharo8 tranS￿nS 57 17,000 833 25,500 9.240 447 8,040 2,450 Safe Child Thailand 33 Notes to the financlal statement$ Year lo 31 March 2023 6 Staff costs 2023 2022 Salaries Social 5eeufity costs Pension conlribubons 273.912 22.684 10.515 307.111 230.139 19,887 8,473 258,499 Recnjllmenl o)sls Voluateer expenses 2.102 43 260,644 381 307,492 During the year, one empbyee eamed between £70.001 and £80,000 12022 ong employee earned beiween £60.001 and £70,INJO) and contfibutions of £2.940 12022 £2,800) were paid for the provision of money purchase pension benefits in respect to this employ88. The averag6 number of employees during the year was.. 2023 2022 Full tim Part tlrne Full lime Part lime Average number The key management personnel of the charity in charge of directing and controlling, rvnning and operating the chariiy on a day to day basis comprise the Tfuslees. the Chief Executive. Ihe Manager of Progravnmes and Partneiships and the Head of Fundraising and Development. The lolal remuneration (including laxable benefits, and including employer's National Insurance and pension conlribulionsl of the key management personn81 for th& year lo 31 March 2023 was £174.67412022- £155.3241. No Trustee received any remunerabon during the year12022 - £nill. Expenses were not reimbursed lo any Tru51ee during either period. 7 Taxation Safe Child Thailand is a registered charity and. Iheiefore. is not liable lo income or corporation lax on income or gains to the extenl that these are derived from ils charitable objects. as they fall within the various exemptions available lo regisleied charities. Safe Chlld Thailand 34 Not•s to tho flnanclal statements Year to 31 March 2023 8 Tanglblg assets Officg furniture. fixtu￿$ and fillings Cotnputer 8quipn*nt 2023 Total Cost Al 1 April 2022 Addits"tsns At 31 March 2023 11,580 513 12,093 5.052 16,632 513 17.145 5.052 Depreclation At 1 April 2022 Charge for y8ar At 31 March 2023 11.580 57 11.637 5,052 16,632 57 5.052 16,689 Net book values At 31 March 2023 At 31 March 2022 456 9 Debtors 2023 2022 Gift aid reCOve￿bIe P¥epaymenl$ Legaryes receiv8blg Olher debiors 10,131 4.799 12,250 9,788 36,968 12,386 2,578 14.000 9,452 38.416 10 Credito￿. amounts falllng du• within one year 2023 2022 EXp8￿e ￿ditOrS Grants payable Taxation and social security Ac(xua15 and othw ueditors 2,534 29,500 9,405 17.908 59.347 21.884 7.000 8.256 16,271 53,411 Saf8 Child Thailand 35 Notes to the flnan¢lal statements Year to 31 March 2023 11 Tanglble flxed assets fund Al 1 Aprll Movements 2022 In year At 31 Mar¢h 2023 Tangible fixed assets lund 456 456 At 1 April Movements 2021 in year At 31 March 2022 Tangible fixed 8S58ts fund 833 18331 The tangible fixed assets fund Tepresents the nel book value of the charity's tangible fixed assets. This has been separated from the charity's gener81 funds in recognition of the fact that the assets are essenlial to the day-to-day work of the charity and as such their value should not be regarded as fulld5 Ihal woul¢J be realisable with ease, in order lo meet futuro contingencies. 12 Designated fund At 1 Aprll R¢lea$ed 2022 In year At 31 March 2023 Ac¢omnTh)daUon fiJnd 50.000 120.0001 30.000 At 1 April 2021 At 31 March 2022 Released in year A￿0mm(￿jaIl0n fund 80,000 130,0001 50.000 In the financial year 2017118 the Tfustees designated £200.(MM) of the gain from tha disposal of a property towards meeting the cost of office a¢commodatK>n over the ntrxl five financlal years. The release of£20.000 in the year represents accommodation cost for 2022123 year. Safe Child Thailand 36 Notes to the flnanclal statements Year to 31 March 2023 13 Re5trlcted funds 1 Apr61 2022 31 Maich 2023 Exp•ndtturo Trtnsf•rs InfrasinK4uro F￿d (Lewl ChiW Sp￿Sor￿9 ¢>Qs wnd 40.914 50.914 1,02J 11,5441 (45501 CMdFen'$trk Scw lu￿ Pr(¥r￿rne M*rantgirth Rog￿ra￿(￿l 5.190 114 1.080 1.689 TzkChldten'6 Tr4xno nabvo CaFe Th*rMI. IJBS Edl￿Kxt ￿ Tak Prttvk 480 10,Y93 5,134 43,610 94rt4 8,670 110*5251 (22,4551 13.5361 122,5001 ant 14891 1S8218 (154.1391 71,524 31 KlaKh 2022 2021 CaF4tal Fthd{Lew) Chld Swng¢rfstrAp ￿t& Chkn's Fkmn .914 1,392 50,914 P.5141 (11811 3.27S 2J15 11. (22841 112.5201 1.440 1.749 1.648 SC￿￿ LuTh* Prr•Jiwnrn IM7 1S.S {58.52SI 1631 111.100} 110.1¥)0} sp￿1￿1 ¢ovith19 TÈkf io.th CaTe Oevelos¥nerl TakCh￿ren'&￿kn Alemalr48 ca￿ Thaknj-ues 3.OOD 240 43,610 240 .701 1g.J581 p.eooi pool 174.613 {115.1071 {19,544 lo2.￿5 Saf8 Child Thailand 37 Notes to th• flnanclal statements Year to 31 March 2023 13. Rostrlct8d funds l¢ontinued} Restricted funds al 31 March 2023 comprised: • Capital Infrastructure Fund (Lègacy). £50.914. This fund represents a legacy from the founder of Safe Child Thailand. Baron Carini. The legacy is lo be used for a capital infraslruclure or construclion projectlsl lo be Klenlified by Trustees. • Child Sponsorshlp Glft$. £1.023. Nong Khal Children's Home, £1,080. This fvnd consists of donations for the ongoing rullning costs of a Chiklren's Home in Nong Khai. • Tak Chlldren's Home. £480. Thi5 fund islor a rnntribution lo the I￿)d and welfare costs of a child in a residential Safe House in the Mae Sot area. • Alternative Care Thailand- UBS, £10.393. This fund is to SLfPPOrt the AKemalive Care Thailand Group (ACTGI on ils Altemative Care action plan. • Education in Tak Provinco. £5,134. This fund consists of funding towards migrant educalion in Tak Province. • Mlgrant moblle appll¢atlon. £2.$00. This fund consists of funding towards tha development of a tool that provides migrants with information so that they can acces5 essential services. • Unlvgrsity Scholarship. £0. This fund has been used lo support the University education of a young person funded by a generous individual donor. • Communlty S¢hoolbus, £0. This fund has enabled a partner organisalion in the Tak Pfovtnce to purchase a new vehicle to prowde transportation lo school for children with disabilities. • Mae Sol Mental Health project. £0. This fund is lo provide training and mentsl health support lo migrant parents. children and teachers in the Mae Sol area. It also provides Itveliho(*l support for fawnilies in the region. Transfeis bets￿en funds occur where a proportion of restricted funds received has been released lo unrestricted funds in ac¢ordance with the agreement ofthe funder. £22.455 has been transferred fiom the r6stri¢led furid -Alternative Care Thailand - UBS" to unrestricted funds lo cover cole costs associated with Ihis project. Safe Chlld Thalland 38 Notes to the flnanclal statements Year to 31 Marth 2023 14. Analy51s of nèt assets between funds An analysi5 of the net assels beiween Ihe funds at 31 March 2023 is as follows.. Tangib Ilxed asset$ fund General Deslgnated funds funds Restricted nd5 2023 Total TangiNe fixed ass8ts Net current a55ets 456 456 506,417 506,873 404,893 404,893 30.000 30.000 71,524 71,524 456 Tangible fixed ass81s fund General Oesignaled funds fund5 Restricted funds 2022 Totsl Tangible fixed assets Net Current assels 519,220 519.220 102,905 102.905 672,125 672,125 15 Related party transactions The charity's Twstees were not paid during the year lo 31 March 2023 {2022- no payment}. No Tnjstee re￿iVed any emlument or payment for pmfessional or other services during either period. During the year. the lolal amount donated by the Tr¥J51ees lo the charity for use on speclfic projects was £nil {2022 - £50}. In addilion. unrestricled donations of £348 {2022 £2161 were made by the Twstees. Other than the above. there were no other related party transactions during the year ended 31 March 202312022- no other transaclionsl. 16 Members. Ilability In the event of the charitable company being wound up during the period of membership. or wilhin the year followng. members ar8 required to contribute an amount not exceeding £1. 17 Commltments under operatlng leases Operating lease5 Al 31 March 2023, the to181 of charity's future minimum lease payments under non- canc•llable operating leases was as follows= Land and buildings At 31 March 2023 At 31 March 2022 Amounts due wilhin one year B,500 8.500 B,500 8,500 Saf8 Child Thailand 39 Buiiatott LLP 130 Wood Street London 72 Vemi Street London SW4 OA T Unit¢d Kingdoi EC2V 6DL Tel= +4410120 7602 6203 ax.. +44 {0) 20 7603 6468 iDro@Saf￿b11dt￿aIlalld.(Irg ryvw.safechildthailfind.OTg Your ref TCTOOI/GM/FD Dear Buzzacott LLP Audlt representation5 - Safe Child Thalland This representation letter is provided in connection with your audit of the financial statements of Safe Child Thailand I'the charitv) for the year ended 31 March 2023 for the purposes of expressing an opinion as to whether the financial statements are true and fair, in all material respects. We confirm that the following representations are made oll the basis of enquiries of the trustees, management and staff with relevant knowledge and experience land, where appropriate, of Inspection of supporting documentation) sufficient to satisfy ourselve5 Ihat we can properly make eath of the following representations to you: General We have fulfilled our responsibilities under the Companie5 Act 2006. as set out in the terms of engagemerbt letter dated 23 May 2022 lor the pieparation of the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice IUK GAAPI which give a true and fair view and for making a¢curate representations to you a5 auditor. We confirm that all the accounting records have been made available to you for the purpose of your audit and all the transactions undertaken by the charity have been adequately reflected and recorded in the accounting records. All other records and related information, including minutes of trustee meetings, have been made available to you. We have provided additional information that you have requested from us for the purposes of the audit and we have given you unrestricted access to persons within the charity in order to obtain audit evidence. .Safe Chlld Thailand Registered in Engl&nd Rnd IVaEes. RegiSt¢r￿ Clwiiy.. 1085407. Company Limlled by GUaT￿tte= 4157530. FR FUNDRAISING REGULATOR GolnB concern We believe that the charitvs accounts should be prepared on a going concern basi5 On the grounds that, based on the charitls assessment of the feasibility of future plans, current and future source5 of funding or 5UPPOrt will be adequate for the charitvs needs. We believe that no further disclosures relating to the charit￿5 ability to continue as a going concern need to be made in the accounts. In assessing going concern. we have paid particular attention to a period of not less than one year from the date of approval of the accounts. Accountin8 pollcles We believe that the accounting policies and estimation techniques adopted for the preparation of the financial statements are the most appropriate to the circUmsLin￿S in which the charity operates. Fraud We acknowledge our responsibility for the design and implementation of internal controls to prevent and detect fraud, and have disclosed to you the results of our Jssessment of the risk that the financial statements may be materially misstated as a result of fraud. We are not aware of anv iiregularitles, including fraud and suspected fraud. involving management. employee5 who have Significant roles in internal control, or those employed by the charity where the fraud could have a material effect on the financial statements. No allegations of such irregularitie5 or breaches have come to our attention. Laws and regulatlons Details of all laws and regulations that are fundamental to the operation and activities of the charity have been made available to you. We confirm that we have informed you of all serious incident reports made to the Charity Commission for the period under your review. We are not aware of any breaches or possible breaches of statute. regulations, contracts. agreements or the charit￿5 Memorandum and Articles of Association which might prejudice the charity's going concern status or that might result in the charity suffering significant penalties or other loss. No allegations of such breaches have come to our notice. We are not aware of any reason why the tax stalus of the charity may be jeopardised. Loan5 and arrangements The charity has not had nor entered into at any time during the year. any arrangement, t¥an5actio or agreement to provide credit facilities lincltjding loans. quasi-loans or credit fhcilitiesl for trustees nor to guarantee or provide security for such matters. Safe Child I'hAilAnd Register￿1 iji Englwid and Iviles. Regi￿ertd Cbarity= 1085407. Company Liuuie(I by Gu￿￿¢¢¢.- 4157530. FR FUNDRAISING REGULATOR Llabllitlesi provlslons and contlngentles We are not aware of any liabilities. provisions. Colltingent assets. contingent liabilities or capital comrr5itments other than those included or disclosed in the financial statements. Related partle$ We confirm that we have disclosed to you the identity of the Chall￿S related parties and all of the transattions with those parties of which we are aware. Other than those included in the financial statements the charity h85 not entered into any tran5actlOT15 invofving trustees, officers or other related parties, which require disclosure under ihe Companies Act or Financial ReportinE Standards. Post balance Sheet events There have been no events since the balance sheet date which necessitate revision of the figures included in the financi31 statements or inclusion of a note thereto. Should further material events occur, whith may necessitate revisioll of the figures included in the financial statements or inclusion of a note thereto. we will advise you accordingly. Grants and donations All grants, donations and other income, the receipt of which is subjert to specific terms or conditions, have been identified in the financial statements and accounting records 3ppropriately or otherwise notified to you. Theie have been no breaches of terms or conditions during the period in the application of such income. Accountln8 estlmates The methods, the data. and the significant assumptions used by us in making accounting estlmates and their related disclosures are appropriate to achieve recognition. measurement or disclosure that is reasonable in the context of the applicable financial reporting framework. Adjustmenls We confirm that we have been notified by you that only clearly tiivial misstatements were identified during the audit. and that there were no adjustments made to the financial statement5 presented to you for audit. Safe Cliild Thailand Re915tered With Registered iii En¥12nd and Walcs. Rcgi5tered Clkgjity.. 1085407. C￿mpanY Limiled by Gua￿let.- 4157530. FR FUNDRAISING REGULATOR Ethics We confirm that we have beer) notifi'ed by you that there are no matters which you are required to raise with us to comply with your profession's ethical guidance which are in addition to the mètters included in your planning letter to us dated 30 May 2023. Yours faithfully Signed on behalf of the Board of Trustees of Safe Child Thailand L.f....(. z Is................................ Oate Safe Chlld'fhailaiid Regisi¢red iii En813nd and IVile$. Reg1Sw￿ Clwity-' 1085407. Company LiTnilcd by Guarnnt¢e.' 4157530. FR FUNDRAISING REGULATOR