OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-03-31-accounts

Safe Child Thailand

Report and Financial Statements

31 March 2024 Company limited by guarantee Registration Number 4157530 (England and Wales) Charity Registration Number 1085407

Contents

Reports

Reference and administrative information 1
Welcome and overview from the Chairman 2
Report of the Trustees 3
Independent examiner’s report 24
Financial statements
Statement of financial activities 25
Balance sheet 26
Statement of cash flows 27
Principal accounting policies 28
Notes to the financial statements 33

Reference and administrative information 31 March 2024

Trustees Mr S Buckley – Chairman
Dr S Conway
Mr F L Cremer
Mr M Hurley
Mr S Landy
Mr M Patterson
Secretary and Chief Executive Miss C Drury Appointed 26 April 2024
Mr P Bradley Retired 26 April 2024
Registered office From 27 September 2024:
Eagle House
163 City Road
London
EC1V 1NR
Until 26 September 2024:
72 Venn Street
London
SW4 0AT
Website www.safechildthailand.org
Company number 4157530 (England and Wales)
Registered charity number 1085407
Independent Examiner Counterculture Partnership LLP
Counterculture Partnership LLP
Unit 115, Ducie House
Bank Chambers
Ducie Street
Main Street
Manchester
Hawes
North Yorkshire
M1 2JW
DL8 3QL
Principal bankers Bank of Scotland plc
Community Banking
38 St Andrew Square
Edinburgh
EH2 2AD

Safe Child Thailand 1

Welcome and overview from the Chairman

It gives me great pleasure to present the Report and Financial Statements for the Financial Year ending 31 March 2024.

Yet another challenging year but one - made possible by the combination of loyal donors (see below) and a hardworking team - in which Safe Child Children (SCT) again produced a wide range of notable achievements.

Working with 11 Partners on 26 Programmes in 5 different Provinces, SCT directly and indirectly benefited no less than 4,358 and 13,697 children respectively as well as their families and community members.

It carried out 12 Education-based Programmes (including Vocational Training to enable young children to enter the workforce and Scholarships to help students to secure University places), 2 Programmes to strengthen families with disabled children to avoid them from entering the Care System and provided specific assistance to both blind and at-risk students.

In collaboration with local partners, an extensive Mental Health project was carried out at Migrant Learning Centres at Mae Sot. In addition, SCT organised Psychological First Aid (PFA) Training sessions and also created a child friendly space to support the emotional well-being of young people.

An external evaluation of SCT’s 3-year Care System Reform Programme was conducted. It involved interviewing 24 of the implementing Partners and the results will be shared within our network and built upon in the future.

On the Financial front, our cadre of dedicated individual donors generated £322,000 and £100,000 was raised from Foundation and Trusts.

All in all, a solid platform for our new CEO to build upon in the 2024/25 Financial Year.

Finally, my sincere thanks go to both the SCT team and to all my fellow Trustees for all their continued support in these challenging times.

(stetw by:

Steve Buckley Chairman

Safe Child Thailand 2

����������������������������������������������������������

Report of the Trustees 31 March 2024

The Trustees of Safe Child Thailand (SCT), who are also the directors of the charity for the purposes of company law, present their report and audited financial statements for the year to 31 March 2024. This report has been prepared in accordance with Part 8 of the Charities Act 2011 and constitutes a directors’ report for the purpose of the Companies Act 2006.

The financial statements have been prepared in accordance with the accounting policies set out on pages 28 to 32 of the attached financial statements and comply with the charitable company’s Memorandum of Association, the Companies Act 2006 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the United Kingdom and Republic of Ireland (FRS 102).

INCORPORATION AND LEGAL STATUS

The charity is constituted as a company limited by guarantee and is governed by its Memorandum and Articles of Association. As a charitable company, the company is not required to formally describe itself as 'Limited'.

CHARITABLE OBJECTS

The charity's objects are in respect of its support for the people of Thailand and its border countries and comprise:

  1. The relief of poverty, sickness and distress amongst young people;

  2. The feeding, housing, general care and education of young people; and

  3. Such other charitable purposes including but not limited to work with parents, carers or guardians of the young people referred to in 1 and 2 above as the Trustees shall from time to time think fit.

The Trustees have referred to the Charity Commission's general guidance on public benefit when reviewing the charity’s aims and objectives and when planning future activities.

Safe Child Thailand’s VISION

A Thailand where all children grow up in a safe and loving family.

Safe Child Thailand’s MISSION

We will work with families and communities to ensure that children grow up in a safe and nurturing environment.

Safe Child Thailand 3

����������������������������������������������������������

Report of the Trustees 31 March 2024

CHARITABLE OBJECTS (continued)

Safe Child Thailand’s MISSION (continued)

We believe every child in Thailand should have the right to:

  1. Go to school and receive quality education;

  2. Benefit from equal rights and opportunities;

  3. Live without fear of exploitation or abuse;

  4. Receive adequate food and shelter; and

  5. Not be discriminated against and/or excluded because of disability, gender, religion or ethnicity.

OUR VALUES

Transparent

We are transparent and honest with our donors, those who support us, our partner organisations in Thailand and our service users. This is reflected through all our literature, website and audited report and accounts.

Respectful

We respect the views and rights of each other and all those with whom we work.

Effective

We maximise the funds we receive, ensuring that our administration costs are justifiable and the funds we send to Thailand are utilised to provide maximum benefit.

Ambitious

We will challenge ourselves and our partners to push the boundaries to achieve long-term positive change for children in Thailand. We actively seek to maximise the number of innovative and dynamic projects we support in Thailand to achieve our mission.

WHAT WE DO

For over 40 years SCT has been constantly working toward improving the situation for disadvantaged children in Thailand. We work with the 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 family together and to become less reliant on residential care for children. . By raising funds for our partners working in Thailand, we can help develop crucial services. In addition to financial support we provide programmatic guidance and ensure a comprehensive appraisal of the partner’s policies and procedures.

Safe Child Thailand 4

����������������������������������������������������������

Report of the Trustees 31 March 2024

WHAT WE DO (continued)

Supporting Care Reform in Thailand

This past year has seen a significant increase in our Care Reform Projects. We have continued to work with the Alternative Care Thailand Group with the purpose of financially and programmatically supporting their action plan to support vulnerable children and their families. Care Reform within Thailand is crucial in helping keep families together and also improving the quality of care children are entitled to in residential settings.

The Alternative 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 care reform is to strengthen families by providing more robust social welfare services and childcare choices, and to stop needless placement of children in orphanages and institutions.

Helping the vulnerable and those at risk

In large parts of Thailand poverty and deprivation are rife, meaning that life at the bottom of the social ladder can be very hard. Being at the centre of South East Asia also means that Thailand is often a destination for economic migrants and refugees fleeing conflicts or brutal regimes. All too often children from these groups find themselves living in desperate poverty and in need of help.

Our current Organisational Strategy is paving the way ahead 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 residential homes. We recognise that for a smaller number of children an orphanage or residential setting is required and in these cases, we will work with our residential partners to strive for the best care and facilities possible. We are working with residential 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 5

����������������������������������������������������������

Report of the Trustees 31 March 2024

DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS

Programmatic development

Programmatic development at Safe Child Thailand supports partner organisations and projects across Thailand. This year, we worked with 11 partners on 26 programmes located within 5 Provinces across Thailand. Our programmatic activities aim to:

Within the financial year 2023-2024, Safe Child Thailand has directly benefited 4,358 children and their families and indirectly benefited up to an additional 13,697 children, families, and community members. Please see the following breakdown by programmatic area in which Safe Child Thailand works:

Direct Indirect
Beneficiaries Beneficiaries
1. Health and Nutrition 1,862 5,508
2. Child Protection and Safeguarding 16 437
3. Keeping Families Together 450 2,141
4. Looked after children 1,163 1,974
5. Education 843 3,541
6. Care system reform 24 96
4,358 13,697

Projects implemented and supported in 2023/24 are discussed below. Please note that much of our work is intersectional and works within a variety of areas and themes, however, they have been grouped for simplicity. The number of children, families, community members, and local staff reached for each project we have contributed to, as provided by our local charity partners, is given below.

Safe Child Thailand 6

����������������������������������������������������������

Report of the Trustees 31 March 2024

DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS (continued)

1. Health & Nutrition

Safe Child Thailand’s health and nutrition programmes work to improve the overall health and well-being, both physically and mentally, of children by offering nutritional support and healthcare services to those who are vulnerable or at risk. Additionally, the programme supplies fresh water and nutritious food to students at Migrant Learning Centres and residential settings. Safe Child Thailand’s health programmes include medical check-ups, transportation to hospitals, outreach health services as well as the promotion of physical health development activities.

Furthermore, Safe Child Thailand collaborated with local partners in Mae Sot on a mental health project, which involved conducting awareness sessions on mental health and social well-being at Migrant Learning Centres and within communities. In addition, SCT has organised Psychological First Aid (PFA) training sessions for focal persons from Migrant Learning Centres and created a child friendly space to support the emotional wellbeing of young people.

Within this area, we worked with 3 partners, had 1,862 direct beneficiaries and an estimated 5,508 indirect beneficiaries in the 2023/24 year.

2. Child Protection and Safeguarding

The objectives of our child protection progammes are to enhance the understanding and implementation of child protection and safeguarding among practitioners and children in the areas that we work. In previous years we have completed programmes that involved child safeguarding training for teachers. This year, we focused on our Child’s Voice project which selects young people living within residential care as leaders that act as a mediary between their peers and the staff. They then report any concerns their peers have with staff to ensure greater safeguarding within the home.

Within this area, we worked with 4 partners, had 16 direct beneficiaries and an estimated 437 indirect beneficiaries in the 2023/24 year.

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 comprehensive support to families with children who have disabilities. This approach aims to dissuade parents from choosing to send their children to residential care centres.

This year, Safe Child Thailand ran two programmes to strengthen families with children with disabilities to avoid the children going into the care system. The first programme provides community-based care to children with disabilities at home. This programme brings a trained physiotherapist and teaching team to support the children and their families at home. The programme addresses the overall health, development, and well-being of children with disabilities. Through this effort, we were also able to provide dry food packages to the families.

Safe Child Thailand 7

����������������������������������������������������������

Report of the Trustees 31 March 2024

DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS (continued)

3. Keeping Families Together (continued)

In addition to at-home care, we also support inclusive education for children with disabilities at a learning centre in Mae Sot. This is the only educational centre of its kind within the migrant community and without it, students would not be able to access education. At the centre, students are taught lessons daily and participate in different activities including art therapy. Parents also benefit from this as they can to go to work and know their child is looked after and receive support through the centres parent-teacher association.

In addition to supporting children with disabilities, we also support a programme that provides outreach to families at-risk of separation. This programme provides vital support to the families including dry food, medicine, healthcare check-ups and subsidiaries for their child's education.

Within this area, we worked with 2 partners, had 450 direct beneficiaries and an estimated 2,141 indirect beneficiaries in the 2023/24 year.

4. Looked after children

While Safe Child Thailand aims for a model of deinstitutionalisation and to keep children within their families, there are times when it is necessary for children to be housed in residential settings. This is to ensure the child’s safety and must be reviewed regularly. In these urgent cases we continue to support residential centres but only where it is deemed necessary. The objective of Safe Child Thailand’s residential programme remains centred on providing comprehensive support – including food, education, care, and protection – to at-risk children in residential settings.

SCT meets regularly with our local partners and sponsored children to ensure the welfare of all children under our support.

Within this area, we worked with 7 partners, had 1,163 direct beneficiaries and an estimated 1,974 indirect beneficiaries in the 2023/24 year.

5. Education

In 2023/24 SCT carried out 12 education-based programmes. These programmes included providing vocational training to young people so they can enter the work force, supporting an afternoon club for at-risk students to get assistance with their schoolwork, assistance for blind students, and scholarships to students that would not be able to take up their place at university without one.This year, we ran several educational programmes that we are particularly proud such as our English Conversation Programme which builds the English speaking confidence of young people in Thailand through weekly sessions with UK-based university students, our mobile education programme which is providing education to out-ofschool migrant children living in remote areas, and our General Education Diploma (GED) programme which supports girls and other young people to obtain their GED so they are able to go onto a university of their choice.

Within this area, we worked with 6 partners, had 843 direct beneficiaries and an estimated 3,541 indirect beneficiaries in the 2023/24 year.

Safe Child Thailand

8

����������������������������������������������������������

Report of the Trustees 31 March 2024

DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS (continued)

6. Care System Reform

Safe Child Thailand has taken a pioneering role in advancing care system reform in Thailand through a programme that ran from 2019-2024. The project included the transition of a residential home to a family support centre, research with Mahidol University that involved mapping out residential homes in Thailand, one national alternative care conference in Bangkok, one conference for Safe Child Thailand residential partners, training on the United Nations Guidelines on Alternative Care for local NGOS, and child protection trainings for migrant teachers. This financial year we conducted an external evaluation of the programme to evaluate the effectiveness of the project. We interviewed 24 of the implementing partners and direct beneficiaries of the project. We were able to share the results within our network so we can build upon this work in the future.

Within this area, we worked with 1 partner, had 24 direct beneficiaries and an estimated 96 indirect beneficiaries in the 2023/24 year.

Safe Child Thailand 9

Report of the Trustees 31 March 2024

DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS (continued)

Mobile Education Study Centre

Livelihoods Training

----- Start of picture text -----
English
Conversation
Programme
----- End of picture text -----

Safe Child Thailand

10

Report of the Trustees 31 March 2024

DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS (continued)

----- Start of picture text -----
i :
43
f ~~ on é
“> € . BA
> . -— Pre? par y
bhN a5g BasesSB eeeSeokag
RE BANE NEES
GED Students’ Graduation
----- End of picture text -----

----- Start of picture text -----
At-Home Community
Based Rehabilitation
----- End of picture text -----

External Evaluation of Keeping Families Safe at Home Project

Safe Child Thailand 11

Report of the Trustees 31 March 2024

DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS (continued)

Mental

Health Camps

Health and Nutrition

Safe Child Thailand 12

Report of the Trustees 31 March 2024

DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS (continued)

Phyo Scholarship Student

Lek work experience through YEP

Safe Child Thailand 13

����������������������������������������������������������

Report of the Trustees 31 March 2024

DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS (continued)

Fundraising and development

Safe Child Thailand is incredibly grateful to its donors for their dedicated support throughout 2023/24. Thanks to the generosity and commitment of its supporters, the charity has been able to continue its vital work with vulnerable children and families in Thailand. In 2023/24, the fundraising team faced many challenges such as continued decline in child sponsorship and regular giving globally, ongoing challenges with bringing on new corporate donors, and fundraising for a middle-income country such as Thailand. Despite these challenges and following under targets this year, we are still proud of the funds we have successfully secured to continue our work to keep children safe in Thailand.

Individual giving remains the largest source of income, generating £322,000 this year. This reflects the loyalty and dedication of Safe Child Thailand’s donors, even in uncertain times. While there was a decline in overall donations, this was expected. Encouragingly, payroll giving performed well with a 13% increase in donations from 2022/23, and the major donor appeal received a good response raising £6,106. This ensured that essential programmes were funded, including the newly launched SEED programme, which works with children with disabilities and their families through home rehabilitation, and the Youth Empowerment Programme (YEP), providing alternative education paths for young people, helping them build a brighter future.

The child sponsorship programme continues to operate across five provinces, providing vital support and opportunities to children and their families. This steady income stream raised £189,300 this year. Thanks to the commitment of sponsors, Safe Child Thailand has been able to enhance the well-being of sponsored children, ensuring they have access to essential resources and a nurturing environment in which to grow.

Regular donations from committed donors contributed £67,713, while single donations added £15,000. These unrestricted funds are crucial in supporting the operational costs of the organisation and ensuring that key programmes are funded like SEED and YEP remain wellfunded. Safe Child Thailand is deeply appreciative of the consistent support from child sponsors, regular donors, and individual contributors, all of whom play a vital role in sustaining the charity’s programmes.

In 2023/24, Safe Child Thailand produced three successful appeals: the Easter Appeal, Autumn Appeal and the Christmas Appeal. These appeals highlighted both the successes and challenges faced by vulnerable families in Thailand, underscoring the importance of continued support. Collectively, these appeals raised £25,000, which has been used to provide services including family-based care for children, family support and reunification, child protection training, and the development of kinship care and support systems. These funds have been crucial in ensuring that vulnerable children and their families receive the care and resources they need.

A major donation of £22,500 was also received, marking the second instalment of a £45,000 commitment from a generous donor. This donation is funding a scholarship for the donor’s sponsored child, enabling them to pursue a degree in architecture and design at university - an opportunity that will be life-changing for the student.

Safe Child Thailand 14

����������������������������������������������������������

Report of the Trustees 31 March 2024

DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS (continued)

Fundraising and development (continued)

The organisation also saw a strong year in legacies, raising £105,000. Safe Child Thailand is deeply grateful for the lasting contributions of individuals whose legacies will have a long-term impact on children’s lives. Special thanks go to those who left legacies in this financial year and whose generosity will continue to benefit children in Thailand for years to come.

As the organisation looks forward to 2024/25, Safe Child Thailand is excited to continue building on the strong foundation of individual giving and expanding its impact. The charity sincerely thanks all its donors for their generosity and dedication, which make this important work possible.

In 2023/24, we have continued working with Trusts and Foundations to deliver life-changing support to children and families in Thailand to ensure that children grow up in a safe and nurturing environment. We have also worked to create new partnerships with Trusts and Foundations while maintaining strong relationships with current donors.

This year, we raised just over £100,000 from Trusts and Foundations. We were very successful with small and mid-level trusts. Most notable, were grants in support of our new project “Building Resilience of At-Risk Migrant Children, Girls, and Women on the MyanmarThailand Border”. The project aims to support recent migrants living in Thailand that are living in rural, transient communities where there are high levels of poverty. The project is supporting these communities through three activities: mobile education for out-of-school children, sexual and reproductive health training for at-risk girls, and skill building vocational training sessions for women, so they are able to increase their incomes and avoid exploitation. At the end of the financial year, we were able to secure match funding for this project so that it is able to continue.

This year, we also brought on a new Foundation, who generously contributed £10,000 to our “Providing General Educational Development Training for At-Risk Migrant Girls in Mae Sot, Tak Province, Thailand” project. This project supports migrant young people who are working towards taking their General Education Diploma (GED) exams, so they can obtain an American equivalent high school diploma that is recognised globally, allowing them to attend university in Thailand or abroad. The project aims to provide holistic support to the students from test prep, university open houses, extracurricular activities, career coaching, and supports them in their exam fees and securing the correct documentation. This project specifically targets girls as a way to empower young women and girls, so they are able to further their education.

We are also supporting students getting their GED from funding from the additional charitable trusts, who have generously committed £5,000 for the next five years in support of migrant young people obtaining their GED, ensuring they can further their education after high school.

Safe Child Thailand 15

����������������������������������������������������������

Report of the Trustees 31 March 2024

DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS (continued)

Fundraising and development (continued)

This financial year marked the end of a large, multi-year grant for a project, which included child protection training, UN Guidelines on Alternative Care training, vital research into the number of children living in institutional care, the transition of an orphanage to a family support centre, a conference for Safe Child Thailand institutional partners, and a large conference advocating for policy makers to reform care practices. This year, we carried out an external evaluation of the entire three-year programme, which the Foundation contributed £11,300 towards. Unfortunately, this year also marked the sunsetting of this funder’s commitment to Child Protection programmes, as a change to their strategy led them to focus on other areas of interest such as education, health, and the environment to meet global trends and the interests of their clients. While they have maintained a small number of projects in their Families not Orphan’s portfolio, Thailand is not a selected country that they will continue to work it. With this in mind, we are searching for new grant-makers to support this much needed work to reform care in Thailand and reduce the overreliance on care homes.

This year also marked the end of our “Mental Health Support to Improve Educational Attainment for Displaced Children on the Myanmar/ Thailand Border following the COVID-19 Pandemic” project generously supported by another overseas aid Foundation. This year, we received over £20,000 towards the project which focused on supporting migrant students, parents, and teachers through child-focused personal development training, mental health training for students, teachers and parents, family support for children with disabilities, and IT training for students and teachers.

We are very grateful to all of the smaller Trust and Foundations that donated towards our appeal to support recent migrants living in rural transient communities in Tak Province.

We are also incredibly grateful to the Trusts that support our work generally which are crucial to allow us to continue our work of supporting children across Thailand so they can thrive.

In addition to individual giving and trust fundraising, we have also focused on online and event fundraising. During the year, we raised £16,597 in donations from online fundraisers and social media campaigns and a further £12,796 from community groups and events. While events and community income stayed behind budget, it nearly doubled from last year which is due to our increased efforts to engage our community. Community events included the Richmond RUNFEST which raised £744, the Anglo-Thai Society annual raffle which raised £399, and our first year hosting our virtual Global Run which raised £4,030 with participants running in seven countries. Another new initiative was our Youth Ambassador Programme which aims to engage UK-based university students to support in achieving Safe Child Thailand’s mission. This year, we recruited 15 Youth Ambassadors who raised £64 domestically and £5,555 in Thailand to support further education of migrant students.

Many community groups, churches, and schools generously supported Safe Child Thailand this year. We are very grateful to the Developing World Group who donated £2,500 towards at-home rehabilitation of children with disabilities. Further community support came from Grail Companions who donated £5,000 and Shrewsbury School Thailand who have selected Safe Child Thailand as their charity partner.

Safe Child Thailand 16

����������������������������������������������������������

Report of the Trustees 31 March 2024

DEVELOPMENT, ACTIVITIES AND ACHIEVEMENTS (continued)

Fundraising and development (continued)

As the organisation looks forward to 2024/25, Safe Child Thailand is excited to continue building on the strong foundation of individual giving and aims to increase the amount of funds raised in other areas such as trusts, corporates, events, community, and online giving. The charity sincerely thanks all its donors for their generosity and dedication, which make this important work possible.

Safe Child Thailand 17

����������������������������������������������������������

Report of the Trustees 31 March 2024

PROJECT SUPPORT POLICY

Due diligence on partner organisations

SCT has continued to improve due diligence procedures for grant making, recipient organisations, and project implementation. Due diligence is carried out to ensure that all partners are reputable, and acting in compliance with Thai charitable law and internationally recognised child protection standards.

All partners and grant recipients are regularly vetted to ensure financial viability and transparency, accountability for delivery of activities and to ensure the protection of any vulnerable beneficiaries in their care. SCT collects documents and policies from partner organisations, and also regularly visits partners in Thailand to monitor projects.

In 2023/24, SCT required that all partner organisations must have:

SCT has continued to improve and strengthen due diligence procedures throughout 2023/24 and will do so further into the future. Our commitment remains first and foremost to the protection of children and championing Care Reform in Thailand. SCT will continue to expect high standards of child protection, financial transparency, and project effectiveness from all partners and grant recipients.

FINANCIAL REVIEW

Results for the year

A summary of the results for the year is given in the statement of financial activities at page 25. This shows total income for the year of £619,115 compared to £543,676 in 2023. The principal sources of the charity’s income are donations, grants from trusts and legacies.

Expenditure during the year totalled £668,814 (2023 – £708,928) and comprised £174,769 (2023 – £159,049) on raising funds and £492,045 (2023 – £549,879) on direct and indirect expenditure aimed at providing support to children in Thailand and its border countries.

The charity’s deficit for the year was £47,699 (2023 – deficit of £165,252).

Reserves policy and financial position

The Trustees have established a policy whereby the unrestricted funds not committed or invested in the tangible fixed assets the charity holds ('the free reserves') should be 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 they would be able to carry on the charity's activities for at least this period.

Safe Child Thailand 18

����������������������������������������������������������

Report of the Trustees 31 March 2024

FINANCIAL REVIEW (continued)

Reserves policy and financial position (continued)

As of 31 March 2024, the charity had total funds of £459,174 (2023 – £506,873). Of this total, £27,228 (2023 – £71,524) is restricted and held for application towards specific projects and/or activities. A further £10,000 (2023 – £30,000) has been designated to cover the cost for the office accommodation and £285 represents the tangible fixed assets. Free reserves, or general funds, at 31 March 2024 totalled £421,661 (2023 – £404,893) and equated to 7.6 months’ expenditure, being slightly above the desired level set out in the charity’s reserves policy.

Investment policy and returns

Under the Memorandum and Articles of Association, the charity has the power to make any investment which the Trustees see fit. The Trustees have considered the most appropriate policy for investing funds given the time frame for holding monies and investment risk. As a consequence, they hold the majority of the charity's funds in Treasury Reserve deposits. The Trustees consider the return on these deposits to be disappointing but in line with prevailing rates available in respect of this type of investment.

Tangible fixed assets

Details of movements in tangible fixed assets are set out in note 8 to the financial statements.

Fundraising statement

The charity aims to achieve best practice in the way in which it communicates with supporters. It takes care with both the tone of its communications and the accuracy of its data to minimise the pressures on supporters. The charity is registered with the Fundraising Regulator and adheres to the Code of Fundraising Practice. It applies best practice to protect supporters’ data and never sells data, it never swaps data with other organisations, and ensures that its communication preferences can be changed at any time. The charity manages its own fundraising activities and does not employ the services of Professional Fundraisers. The charity undertakes to react to and investigate any complaints regarding its fundraising activities and to learn from them and improve its service. During 2023/24, the charity received no complaints about its fundraising activities.

FUTURE PLANS AND STRATEGIES

Following on from this year’s exceptional Care Reform activities we will continue to focus on supporting Care Reform within Thailand. We will build upon what we have learnt and work with both the Royal Thai Government, local partners and those providing residential care to drive change forward. Raising awareness of Child Protection and Safeguarding will remain central to our work as will the importance of ensuring that children with disabilities will feature in all our Care Reform themes.

Safe Child Thailand 19

����������������������������������������������������������

Report of the Trustees 31 March 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT

Trustees

All Trustees of the charity constitute company directors for the purpose of company legislation. Existing Trustees have the power to appoint additional Trustees as they consider necessary. The Trustees who served from the start of the 2023/24 financial year and up to the date of approval of this report are shown below:

Trustees Mr S Buckley Dr S Conway Mr F L Cremer Mr M Hurley Mr S Landy Mr M Patterson

The Trustees meet four times each year to determine the charity’s strategy and oversee its activities. In order for the Trustees to more efficiently manage and oversee the strategic direction of the organisation, they have formed two committees: Finance and Fundraising. Each Committee is chaired by a different Trustee and includes at least two other Trustees together with the Chief Executive Officer (CEO). Each Committee has developed a terms of reference and has the power to invite non-Trustees with specific and relevant experience to sit on the Committees on an ad hoc basis.

The charity has a CEO responsible for the day-to-day work of the charity and a small team of staff which manages the work of the charity.

Induction and training of new Trustees

The Trustees are selected for their experience and relevant skills. New Trustees are inducted into the charity and its objectives and are sent a copy of the most recent financial statements and a leaflet from the Charity Commission of the Responsibilities of Charity Trustees. Trustees are supported to meet their responsibilities in three main areas as highlighted by the Charity Commission: Ensuring Compliance, Duty of Prudence, Duty of Care. They receive regular updates of their responsibilities and are encouraged to develop their roles within the charity.

Key management personnel

The Trustees consider that they together with the CEO, Head of Fundraising and Development, and the Manager of Programmes and Partnerships comprise the key management of the charity in charge of directing and controlling, running and operating the charity on a day to day basis.

The remuneration of key management is decided upon by the Trustees. A formal policy for the review of management remuneration has been developed by the Trustees.

Risk Management

The Trustees, in conjunction with the CEO, have carried out a comprehensive audit of all potential risks facing the organisation which will be monitored over the coming year. The risk register is reviewed at Trustee meetings outlining the risks and what is being done to mitigate them.

Safe Child Thailand 20

����������������������������������������������������������

Report of the Trustees 31 March 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT (continued)

Risk management (continued)

The three principal risks faced by the charity are:

Each of the above areas is explained in more detail below:

¨ Generation of income

The charity is very dependent on the generosity of the public for the donation of funds to enable its work and is never complacent about the fact that its income relies on such giving continuing even in challenging economic times. The charity strives to ensure that donors are kept informed of the progress and successes achieved by the charity and looks always to maximise its fundraising by publicising the plight of children in Thailand and its border countries and the need for support. The Trustees, together with the CEO, are currently reviewing the charity’s strategic approach to generating funds in the future from the public and from other sources such as grant making trusts and corporate giving. In doing so, the charity is very aware of the need always to raise monies in an ethical manner compliant with the fundraising rules laid down by the Fundraising Regulator and the Fundraising Standards Board and other regulatory bodies.

¨ Overseas donations and grants

The charity donates significant sums to support children in Thailand. The Trustees and management of the charity always ensure that they are fully briefed about and familiar with the work of a potential recipient of funds, that funds are transferred via bank transfer, that proof of receipt is obtained and that, wherever possible (and always in the case of monies sent overseas), a full written report of how the monies have been utilised and applied is obtained from the recipient.

¨ Safeguarding

As an organisation that works exclusively to protect and uphold the rights of the most disadvantaged children in Thailand, we are committed to having in place robust and stringent safeguarding policies. We have policies in place and are constantly striving to improve these so that they are appropriate for both the UK and Thailand.

Safe Child Thailand 21

����������������������������������������������������������

Report of the Trustees 31 March 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT (continued)

Statement of Trustees' responsibilities in relation to the financial statements

The Trustees (who are directors of Safe Child Thailand for the purposes of company law) are responsible for preparing the Trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the income and expenditure of the charitable company for that period. In preparing these financial statements the Trustees are required to:

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Each of the Trustees confirms that:

This confirmation is given and should be interpreted in accordance with the provisions of s418 of the Companies Act 2006.

Safe Child Thailand 22

Report of the Trustees 31 March 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT (continued)

Statement of Trustees' responsibilities in relation to the financial statements

(continued)

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

APPROVAL

This report was approved by the Trustees and signed on their behalf by:

(stetw by:

Steve Buckley Trustee

Approved on: 24 January 2025

Safe Child Thailand 23

Independent examiner’s report Year to 31 March 2024

I report to the trustees on my examination of the financial statements of Safe Child Thailand for the period ended 31 March 2024.

Responsibilities and basis of report

As the trustees of the charity (and its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the company are not required to be 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 company’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by virtue of being a Fellow Member of the Association of Charity Independent Examiners, which is one of the listed bodies.

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 that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act: or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination: or

  4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the financial statements to be reached.

Tom Wilcox Counterculture Partnership LLP Bank Chambers Main Street Hawes North Yorkshire DL8 3QL

Dated: …………………27 January 2025

Safe Child Thailand 24

����������������������������������������������������������

Statement of financial activities Year to 31 March 2024 (including income and expenditure account)

Notes
Unrestricted
funds
£


Restricted
funds
£		 Total
funds
2024
£		 Unrestricted
funds
£
Restricted
funds
£
Total
funds
2023
£
Income and Expenditure
Income from:
Donations, grants and legacies
1
Interest receivable
Total income
Expenditure on:
Raising funds
2
Charitable activities – supporting
children in Thailand
3
Total expenditure
Net expenditure
5
Transfers between funds
13
Net movement in funds
Reconciliation of funds:
Fund balances brought forward
at 1 April 2023
Fund balances carried forward
at 31 March 2024


491,081
7,171


120,863

—

611,944
7,171		 383,172
2,286

158,218
—		 541,390
2,286
498,252
120,863		 619,115 385,458 158,218 543,676



174,769

383,440


—

108,605

174,769
492,045		 159,049
385,040

—
164,839		 159,049
549,879
558,209
108,605		 666,814 544,089 164,839 708,928


(59,957)


56,554

12,258


(56,554)
(47,699)

—
 (158,631)
24,760
(6,621)

(24,760)
 (165,252)
—
(3,403)


435,349
(44,296)



71,524		 (47,699)


506,873		 (133,871)
569,220		 (31,381)


102,905		 (165,252)
672,125

431,946

27,228
459,174		 435,349
71,524		 506,873

All of the charity’s activities derived from continuing operations during the above two financial years.

All recognised gains and losses are included in the statement of financial activities.

Safe Child Thailand 25

Balance sheet 31 March 2024

2024 2024 2023 2023
Notes £ £ £ £
Fixed assets
Tangible assets 8 285 456
Current assets
Debtors 9 137,603 36,968
Cash at bank and in hand 359,274 528,796
496,877 565,764
Liabilities:
Creditors: amounts falling due
within one year 10 (37,988) (59,347)
Net current assets 458,889
 506,417
Total net assets 459,174 506,873
The funds of the charity:
Unrestricted funds
. General funds 421,661 404,893
. Designated funds 12 10,000 30,000
. Tangible fixed assets fund 11 285 456
431,946 435,349
Restricted funds 13 27,228 71,524
459,174 506,873

The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard 102.

For the year ending 31 March 2024, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

Approved by the Trustees of Safe Child Thailand and signed on their behalf by:

(steteu by:Puceley Steve Buckley Trustee Approved on: 24 January 2025

Company Registration Number 4157530 (England and Wales) Charity Registration Number 1085407

Safe Child Thailand 26

����������������������������������������������������������

Statement of cash flows Year to 31 March 2024

Notes
2024
£		 2023
£
Cash flows from operating activities:
Net cash used in operating activities
A
Cash flows from investing and capital activities:
Interest received
Purchase of tangible fixed assets
Net cash provided by investing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at 31 March 2023
B
Cash and cash equivalents at 31 March 2024
B

**(174,693) **		 (160,097)


7,171
—		 2,286
(513)
7,171 1,773

(169,522)


528,796
 (158,324)
687,120

359,274		 528,796

Notes to the statement of cash flows for the year to 31 March 2024.

A Reconciliation of net (expenditure) to net cash used in operating activities

2024
£		 2023
£
Net expenditure (as per the statement of financial activities)
Adjustments for:
Depreciation charge
Interest receivable
(Increase) decrease in debtors
(Decrease) increase in creditors
Net cash used in operating activities		 (47,699)
171
(7,171)
(100,635)
(21,359)		 (165,252)
57
(2,286)
1,448
5,936
(174,693) (160,097)

B Analysis of changes in net debt

Analysis of changes in net debt
2023
£
Cash flows
£
2024
£
Total cash and cash equivalents:
Cash at bank and in hand		 528,796
(169,522)		 359,274

No separate reconciliation of net debt has been prepared as there is no difference between the net cash (debt) of the charity and the above cash and cash equivalents.

Safe Child Thailand 27

����������������������������������������������������������

Principal accounting policies Year to 31 March 2024

Safe Child Thailand is a private company limited by guarantee incorporated in England and Wales. The registered office is Eagle House, 163 City Road, London, EC1V 1NR.

Basis of preparation

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are laid out below.

These financial statements have been prepared for the year to 31 March 2024, with comparative information provided in respect to the year to 31 March 2023.

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant accounting policies below or the notes to these financial statements.

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (Charities SORP FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The charity constitutes a public benefit entity as defined by FRS 102.

The financial statements are presented in sterling and are rounded to the nearest pound.

Critical accounting estimates and areas of judgement

Preparation of the financial statements requires the Trustees and management to make significant judgements and estimates.

The items in the financial statements where these judgements and estimates have been made include:

Assessment of going concern

The Trustees have assessed whether the use of the going concern assumption is appropriate in preparing these financial statements. The Trustees have made this assessment in respect to a period of at least one year from the date of approval of these financial statements.

Safe Child Thailand 28

����������������������������������������������������������

Principal accounting policies Year to 31 March 2024

Assessment of going concern (continued)

The Trustees of the charity have concluded that there are no material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The Trustees are of the opinion that the charity will have sufficient resources to meet its liabilities as they fall due, but they are mindful of the need for the charity to continue to generate donations and the fact that this has become more difficult in recent years because of the challenging economic conditions. The Trustees, together with the Chief Executive, continue to review the charity’s strategic approach to generating funds from the public and from other sources such as grant making trusts and corporate giving.

Income recognition

Income is recognised in the period in which the charity has entitlement to the income, the amount of income can be measured reliably and it is probable that the income will be received.

Income comprises donations, grants from trusts, legacies and interest receivable.

Donations are recognised when the charity has confirmation of both the amount and settlement date. In the event of donations pledged but not received, the amount is accrued for where the receipt is considered probable. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that those conditions will be fulfilled in the reporting period. Where donors specify that donations and grants must be used in future accounting periods, the income is deferred.

Grants from trusts are credited to income when the charity has both confirmation of the amount and entitlement to the income. In the event of grants confirmed but not received, the amount is accrued for where the receipt is considered probable.

In accordance with the Charities SORP FRS 102 volunteer time is not recognised.

Legacies are included in the statement of financial activities when the charity is entitled to the legacy, the executors have established that there are sufficient surplus assets in the estate to pay the legacy, and any conditions attached to the legacy are within the control of the charity.

Safe Child Thailand 29

����������������������������������������������������������

Principal accounting policies Year to 31 March 2024

Income recognition (continued)

Entitlement is taken as the earlier of the date on which either: the charity is aware that probate has or will be granted, the estate has been finalised and notification 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 considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, but the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material. In the event that the gift is in the form of an asset other than cash or a financial asset traded on a recognised stock exchange, recognition is subject to the value of the gift being reliably measurable with a degree of reasonable accuracy and the title of the asset having being transferred to the charity.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Expenditure recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to make a payment to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.

All expenditure is accounted for on an accruals basis. Expenditure comprises direct costs and support costs (including governance costs). All expenses, including support costs, are allocated or apportioned to the applicable expenditure headings. The classification between activities is as follows:

All expenditure is stated inclusive of irrecoverable VAT.

Safe Child Thailand 30

����������������������������������������������������������

Principal accounting policies Year to 31 March 2024

Allocation of support and governance costs

Support costs represent indirect charitable expenditure. In order to carry out the primary purposes of the charity it is necessary to provide support in the form of personnel, financial procedures, provision of office services and equipment and a suitable working environment. Staff costs are allocated between raising funds and charitable activities on the basis of time spent on these activities by staff. All other support costs are included with the expenditure on charitable activities.

Governance costs comprise the costs involving the public accountability of the charity (including audit costs) and costs in respect to its compliance with regulation and good practice.

Support costs and governance costs form part of the costs of the charitable company.

Tangible fixed assets

All assets costing more than £500 and with an expected useful life exceeding one year are capitalised.

Tangible fixed assets are depreciated on a straight line basis over their estimated useful lives as follows:

Debtors

Debtors are recognised at their settlement amount, less any provision for non-recoverability. Prepayments are valued at the amount prepaid. They have been discounted to the present value of the future cash receipt where such discounting is material.

Cash at bank and in hand

Cash at bank and in hand represents such accounts and instruments that are available on demand or have a maturity of less than three months from the date of acquisition.

Creditors and provisions

Creditors and provisions are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Creditors and provisions are recognised at the amount the charity anticipates it will pay to settle the debt. They have been discounted to the present value of the future cash payment where such discounting is material.

Safe Child Thailand 31

����������������������������������������������������������

Principal accounting policies Year to 31 March 2024

Fund structure

Funds held by the charity are divided into the following categories:

Further explanation of the nature and purpose of each fund is included in the notes to these financial statements.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the net movement in funds.

Pension contributions

Contributions in respect of the charity’s defined contribution pension scheme are charged to the statement of financial activities when they are payable to the scheme. The charity’s contributions are restricted to the contributions disclosed in note 6. There were no outstanding contributions at the year end. The charity has no liability beyond making its contributions and paying across the deductions for the employees’ contributions.

Operating leases

Rentals applicable to operating leases where substantially all the benefits and risks of ownership remain with the lessor are charged to the statement of financial activities on a straight line basis over the lease term.

Safe Child Thailand 32

����������������������������������������������������������

Notes to the financial statements Year to 31 March 2024

1 Income from: Donations, grants and legacies

Unrestricted
funds
£
Restricted
funds
£		 2024
funds
£
 Unrestricted
funds
£
Restricted
funds
£		 2023
funds
£
Donations
Child Sponsorship
Gift Aid
Grants from Trusts
Legacies
Other income		 130,137
189,987
42,228
20,017
104,749
3,963
36,706

—

1,523

82,634

—

—		 166,843
189,987
43,751
102,651
104,749
3,963		 123,702
197,759
47,668
6,443
6,312
1,288		 32,669
—
1,075
124,474
—
—
156,371

197,759

48,743

130,917

6,312

1,288
491,081
120,863		 611,944 383,172 158,218
541,390

2 Expenditure on: Raising funds

Expenditure on: Raising funds
Unrestricted funds
2024
£		 2023
£
Staff costs (note 6)
Advertising and photography
Postage
Printing
Online fundraising costs
Event costs
Fundraising travel
Other expenses		 155,999
2,900
6,739
5,147
433
365
1,913
1,273		 145,279
3,192
5,395
3,382
398
445
601
357
174,769 159,049

Safe Child Thailand 33

����������������������������������������������������������

Notes to the financial statements Year to 31 March 2024

3 Expenditure on: Charitable activities - supporting children in Thailand

2024 2023
Unrestricted
funds
£		 Restricted
funds
£


Total
£		 Unrestricted
funds
£		 Restricted
funds
£


Total
£
Amounts for application to projects
in Thailand
Health & Nutrition
Child Protection & Safeguarding
Keeping Families Together
Looked After Children
Education
Care System Reform
Directly attributable project costs
Staff costs (note 6)
Programme support
Information and awareness
Support costs
Staff costs (note 6)
Accommodation and establishment
Travelling expenses
Bank and direct debit collection
charges and exchange differences
Office expenses
Depreciation (note 8)
Accounting support
Governance costs (note 4)		 35,500
19,500

3,500
37,500
13,500
—		 9,092
1,280
3,000
9,463
67,621
18,149
44,592

20,780

6,500

46,963

81,121

18,149		 32,500
18,500
5,000
40,000
28,000
—
5,550

1,648

—

1,644

50,471

95,180
38,050

20,148

5,000

41,644

78,471

95,180
109,500 108,605
218,105		 124,000
154,493
278,493
123,428
20,483
4,257		 —
—
—
123,428

20,483

4,257		 116,093
6,903
2,952
—

—

—
116,093

6,903

2,952
148,168 —
148,168		 125,948
—
125,948
39,450
26,330
773
10,169
22,724
171
12,692
13,463		 —
—
—
—
—
—
—
—
39,450

26,330

773

10,169

22,724

171

12,692

13,463		 46,120
25,847
3,225
8,620
24,643
57
12,914
13,666
—

—

10,346

—

—

—

—

—
46,120

25,847

13,571

8,620

24,643

57

12,914

13,666
125,772 —
125,772		 135,092
10,346
145,438
383,440 108,605
492,045		 385,040
164,839
549,879

4 Governance costs

Unrestricted funds Unrestricted funds
2024
£		 2023
£
Independent Examiner’s remuneration
Auditor’s remuneration
Legal and professional charges		 2,160
—
11,303		 —
9,240
4,426
13,463 13,666

5 Net expenditure

This is stated after charging:

2024
£		 2023
£
Depreciation of tangible fixed assets
Operating lease rentals
Auditor’s remuneration (including VAT):
. Independent Examination
. Audit services
. Other services
Deficit on foreign exchange transactions		 171
17,000
2,160
—
1,660
2,229		 57
17,000
—
9,240
—
447

Safe Child Thailand 34

����������������������������������������������������������

Notes to the financial statements Year to 31 March 2024

6 Staff costs

Salaries
Social security costs
Pension contributions
Recruitment costs
Volunteer expenses		 2024
£		 2023
£
280,298
24,894
11,522
271,057

24,927

11,127
316,714
1,968
195
307,111

—

381
318,877
307,492

During the year, one employee earned between £70,001 and £80,000 (2023 – one employee earned between £70,001 and £80,000) and contributions of £3,087 (2023 – £2,940) were paid for the provision of money purchase pension benefits in respect to this employee.

The average number of employees during the year was:

2024 2024 2023 2023
Average number Full time Part time Full time Part time
6 1 7 —

The key management personnel of the charity in charge of directing and controlling, running and operating the charity on a day to day basis comprise the Trustees, the Chief Executive, the Manager of Programmes and Partnerships and the Head of Fundraising and Development. The total remuneration (including taxable benefits, and including employer's National Insurance and pension contributions) of the key management personnel for the year to 31 March 2024 was £188,572 (2023 – £174,674).

No Trustee received any remuneration during the year (2023 – £nil). Expenses were not reimbursed to any Trustee during either period.

7 Taxation

Safe Child Thailand is a registered charity and, therefore, is not liable to income or corporation tax on income or gains to the extent that these are derived from its charitable objects, as they fall within the various exemptions available to registered charities.

Safe Child Thailand 35

����������������������������������������������������������

Notes to the financial statements Year to 31 March 2024

8 Tangible assets

Cost
At 1 April 2023
Additions
At 31 March 2024
Depreciation
At 1 April 2023
Charge for year
At 31 March 2024
Net book values
At 31 March 2024
At 31 March 2023		 Computer
equipment
£		 Office
furniture,
fixtures
and fittings
£		 2024
Total
£
12,093
—		 5,052
—		 17,145
—
12,093 5,052 17,145
11,637
171		 5,052
—		 16,689
171
11,808 5,052 16,860
285 — 285
456 — 456
Debtors 2024
£		 2023
£
10,131
4,799
12,250
1,288
8,500
36,968
Gift aid recoverable
Prepayments
Legacies receivable
Accrued income
Other debtors		 10,335
1,806
100,999
15,963
8,500
137,603

9 Debtors

10 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
2024
£		 2023
£
2,534
29,500
9,405
17,908
59,347
Expense creditors
Grants payable
Taxation and social security
Accruals and other creditors		 8,248
6,500
9,512
13,728
37,988

Safe Child Thailand 36

����������������������������������������������������������

Notes to the financial statements Year to 31 March 2024

11 Tangible fixed assets fund

At
1 April
2023
£		 Movements
in year
£		 At
31 March
2024
£
Tangible fixed assets fund 456 (171) 285
At
1 April
2022
£		 Movements
in year
£		 At
31 March
2023
£
Tangible fixed assets fund — 456 456

The tangible fixed assets fund represents the net book value of the charity’s tangible fixed assets. This has been separated from the charity’s general funds in recognition of the fact that the assets are essential to the day-to-day work of the charity and as such their value should not be regarded as funds that would be realisable with ease, in order to meet future contingencies.

12 Designated fund

At
1 April
2023
£		 Released
in year
£		 At
31 March
2024
£
Accommodation fund 30,000 (20,000) 10,000
At
1 April
2022
£		 Released
in year
£		 At
31 March
2023
£
Accommodation fund 50,000 (20,000) 30,000

In the financial year 2017/18 the Trustees designated £200,000 of the gain from the disposal of a property towards meeting the cost of office accommodation over the next five financial years. The release of £20,000 in the year represents accommodation cost for 2023/24 year.

Safe Child Thailand 37

����������������������������������������������������������

Notes to the financial statements Year to 31 March 2024

13 Restricted funds

Restricted funds
At
1 April
2023
£		 Income
£		 Expenditure
£
Transfers
£		 At
31 March
2024
£
Capital Infrastructure Fund (Legacy)
Child Sponsorship Gifts
Nong Khai Children’s Home
Mobile Education
General Education Diploma
Community Based Rehabilitation
Youth Education Programme
Tak Children’s Home
Alternative Care Thailand
Education in Tak Province
University Scholarship
Sports Equipment Project
Global Run
Website Project
Mae Sot Mental Health project
50,914
1,023
1,080
—
—
—
—
480
10,393
5,134
—
—
—
2,500
—		 —
1,392
10,590
27,217
15,000
9,446
410
240
11,300
—
22,500
1,363
1,288
—
20,117		 —
(2,045)
(10,230)
(7,000)
(13,000)
(6,000)
(2,500)
(480)
(18,149)
(4,000)
(22,500)
(816)
(1,280)
—
(20,605)
(50,914)

—

(450)

(3,426)

(2,000)

(2,061)

2,090

—

—

—

—

(139)

(8)

(134)

488
—

370

990

16,791

—

1,385

—

240

3,544

1,134

—

408

—

2,366

—
71,524 120,863 (108,605)
(56,554)		 27,228
At
1 April
2022
£		 Income
£		 Expenditure
£
Transfers
£
At
31 March
2023
£
Capital Infrastructure Fund (Legacy)
Child Sponsorship Gifts
Child Education and Development
Centre
Nong Khai Children’s Home
School Lunch Programme
Migrant Birth Registration
Special Education Teacher Training
Care Development
Tak Children’s Home
Alternative Care Thailand
Education in Tak Province
University Scholarship
Community Schoolbus
Migrant mobile application
Mae Sot Mental Health project
50,914
364
—
1,440
1,689
1,648

—
3,000
240
43,610
—
—
—
—
—		 —
759
1,626
5,190
124
—
2,000
—
240
94,764
8,670
22,500
3,385
2,500
16,460		 —
(100)
(1,544)
(5,550)
—
(1,648)
(2,000)
—
—
(105,526)
—
(22,500)
(10,000)
—
(15,971)
—

—

(82)

—

(1,813)

—

—

(3,000)

—

(22,455)

(3,536)

—

6,615

—

(489)
50,914

1,023

—

1,080

—

—

—


480

10,393

5,134

—

—

2,500

—
102,905 158,218 (164,839)
(24,760)
71,524

Safe Child Thailand 38

����������������������������������������������������������

Notes to the financial statements Year to 31 March 2024

13. Restricted funds (continued)

Restricted funds at 31 March 2024 comprised:

¨ Child Sponsorship Gifts, £370.

Safe Child Thailand 39

����������������������������������������������������������

Notes to the financial statements Year to 31 March 2024

14. Analysis of net assets between funds

An analysis of the net assets between the funds at 31 March 2024 is as follows:

General
funds
£		 Designated
funds
£		 Tangible
fixed
assets
fund
£		 Restricted
funds
£		 2024
Total
£
Tangible fixed assets
Net current assets		 —
421,661		 —
10,000		 285
—		 —
27,228		 285
458,889
421,661 10,000 285 27,228 459,174
General
funds
£		 Designated
funds
£		 Tangible
fixed
assets
fund
£		 Restricted
funds
£		 2023
Total
£
Tangible fixed assets
Net current assets		 —
404,893		 —
30,000		 456
—		 —
71,524		 456
506,417
404,893 30,000 456 71,524 506,873

15 Related party transactions

The charity’s Trustees were not paid during the year to 31 March 2024 (2023 – no payment). No Trustee received any emolument or payment for professional or other services during either period.

During the year, the total amount donated by the Trustees to the charity was £416 (2023 – £348).

Other than the above, there were no other related party transactions during the year ended 31 March 2024 (2023 – no other transactions).

16 Members’ liability

In the event of the charitable company being wound up during the period of membership, or within the year following, members are required to contribute an amount not exceeding £1.

17 Commitments under operating leases

Operating leases

At 31 March 2024, the total of charity’s future minimum lease payments under noncancellable operating leases was as follows:

Land and buildings
At
31 March
2024
£		 At
31 March
2023
£
Amounts due within one year 8,500 8,500
8,500 8,500

Safe Child Thailand 40