REGISTERED COMPANY NUMBER: 04118341 (England and Waks} REGISTERED CHARITY NUMBER: 1086048 ort of the Tru8teeg and Flnanclal ¢atem8nls forth& Yèar Ended 1 March 2025 for The Jesslo Ma Trust Surnèr Audltco LSmited statutory Audltor Chartered Accountants Lennox House 3 Pierrepont street Bath Somerset BA1 1LB
Tha Jes81e Ma Trust Contents of the Finan¢lal Statements for Ihe Year Ended 31 Ma h 2025 Page Report of tho Trusteeb 1 to 12 Report of tho Independent AudltOY8 13 to 16 Ststement of Flnanclal Activits"Ds 17 Balancè Shbet 18 Cash Flow Ststement 19 Note8 to the Cash Flow Statemènt 20 Notes to the Flnanclal Statsménts 21 to 32
he Je8slo Ma istered num 118341 e Trustaos for th& Year Ended 31 March 2025 Tho trustees who are also dlractors of the charity for the purposes of the Companl&s Act 2006, pres&nt tholr report with th8 financial statements of the Charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accountlng and Reporting by Charllles.. Slatement of Recommended Practic8 appllcable lo charltl&s preparing their accounts in accordance with the Financlal Reporting Standard applicable in th6 UK and Republic ol Ir6land <FRS 102) (effective 1 January 20191. CHAIR AND CEO OVERVIEW We are dellghted lo share Jessie May's Annual Report for 2024-2025. Thi8 year's report hlghllghts the many a¢hlevements of the Jes51e May loam as we conllnue to support chlldren, young peoplè, and thelr famllies at home across Bristol and Ihe surrounding area8. The last 12 Months have not been without challengo. In May 2024. our Deputy CEO, Clare Pearce, was diagnosed wlth a Ilfe-limlting condition, and vgry sadty, Clare dièd in March 2025. Her Illness and death had a profound Impad on the charty. Whlle Clare's rolè was not directly within our care seryi¢es, her loss was deeply fell acr05S the whol6 organlsalion. Throughout thK8 p8rlod, the priority ol the laad8rshlp team and the TNstees wa$ to ensur8 that the care w& provlde to chlldren, young p6cple, and Ihelr familles remalned unaffected. Despit6 these challenges, Jesslé May achleved signiffcant growth In the hours of carè dellvered lo tho chlldren and famllies we support. On 1st July 2024, we entered into 8 new servlGe contract wllh Universlty Hospitals BHstol aml Weston NHS Foundallon Tst IUHBW). Thls partnership has str8ngth8ned the clinical gov6rnance of our care. ensurlng il is moro robust than ever. Together wff(h UHBW, we restructured the ¢are team by allocating nurses to geographical areas, whlch has Improved capacity and 18 refieclgd In the increased hours of suPrt provlded. Alongside Ihis. we hav6 Inv8Sted in developing our non-nurslng frdmily support services through the creatlon of the Jessie May Team Around the Famlly. Thls new approach enables us to provide mora hofistic 8UPPOrt, addrnsslng not only th8 chlld's care needs but also the wider needs of the wholg famlly. In Sprlng 2024, Jessie May was Inspected by th8 Care Quallty Commissmin ICQC). wlth the report published in July 2024. We were proud to be rated Gd overall and to maintaln our Outslandlng rallng in the area of Care, The ass8ssment and feedbad( from thls Insp8¢tlon have directly Informed our quality prlorlties for the year ahead. Fulure plans Include develotwnent of a ngw dlgilal Yecords 8ySt6m for children and famlly Information and contlnue lo explore ways to anh8n¢e the palliatlV8 earo pathway through llaboratIOn with partners across the childrgn'8 hosplce sector, both locally and nallonally. This Indudes dlsGu&8iOnS to a potenllal merger with a larger charily with malchlng ¢haritable obiecliv88. Later In 2025 we began dlscusslon5 with a larger charity wlth Similar charltab18 purposes lo 8xplO whelher the potentlal of worklng more closely wlth another organisatK)n could help us to offer belter support lo our chlldren, young people and famllles In the fulure. We ar6 exclted to share that these dlscussicns have progressed and Ih&l our Twstees are now ¢onslderfng the oplion of a change of control merger, which Is expected to complete on 1 April 2028. Th1$ would mean that we wlll have a parent company, offering support and oversight. whilst Jassle May remains its own entity and contlnues to operate as il does today. wlth no ¢hanges trj the seNl¢es offered lo our famllles. HoNvevor. w& hope th18 is first step towards creating a single, Integrated model of chiklren's palllative care settlngs. Flnally, we would Ilke to acknowledge that none of this would be posslble wilhout the dedlcation of the Jessi& May tsam, the commitm&nt of our Trustees and Ambassadors, and the goneroslty of our supporters. We hope you enjoy thls roport. Tlggy Mccool, Chalr of Trust••s Danlgl Cheegrnan, CEO
Tho Je8610 Ma Trust istered mber.. 04118341 rustoos for the Year Ended 31 march 2025 OBJECTIVES AND ACTivmE8 Oblectlv•8 and alms Ovorall objectives Tha objects of the charlty were updatgd by a special rlUtIOn 23rd January 2025 and are dgfined in the Artlctes of Assoclation and are.. the relief of ¢hlldren and young persons sufferfng from phy$i¢al ¢ondltlon$ whlch ar6 Ilfe-threatoning or life-limiting andlor where Ihe chlld Is not Ilkely to SIv6 into adulthood, and Iheir famllies and car6rs, In such ways as the Trustees thlnk fit, In particular Ibul nol ox¢luslvety) by.. al the provislon of respite or pallialve care In the Gommuniiy for affected children, young people and thelr familles, and ¢arers', bl the advanc6menl of the oducallon of hegfth professionals, slalutory authorftles. GP pradlces, and others in Ihe condition of children and young persons wlth terminal illnesses in particular through the repr8s8nlation of such persons and Iheir families to local statutory aLrthorities and profe5slonal groups. c) the provision of bereavement support to families who have lost a chlld or young person, and.. dl the provision of advo¢acy support for the ohild, young person and their famllles and carers. About U$ At Jessle May, we provlde specialist nursing care, al home. for chlldren with life4imiling and Ilfe-threatenlng conditions. We support parents, siblings and wider famity members in Brfstol. South (Joucestershire. North Somerset. Bath and North East Somer86L Svlindon, and Wiltshlre. Through lrfe and doath, bereavement. and grief. we ara here for families for as long as they naed us - 8UPP)rt for weeks, months, and years. Wtth us, Seriously ill chlklren (an stlll ba ¢hlldr8n, and their families Gan make mamorle8 to look back on when they need them mosl, Our familles let Jessle May Into thair homes, both physlcally and amollDn8lly, offering expert care and much-needad Sp for parents and tArers to re8t, and reGharge. Because they know the chiklren so well, the nurnes can advocate for children in ¢linical settlngs, so thelr Vfmces and needs are always heard, whilst al80 SUPPOrtlng worried famllie8 during exlr&mely dlffl¢ult tlrnes. When the end of a child's lrfe approa¢hes, th6y'r8 tre too, offering the nd of gentle, famlllar care that only long-temi, trusted relationships Can provlde. Our Wision, Mlssion and Values Our vIsn Is that all Chlldren and young people wlih life-llmttlng and Ilfe-throalenlng conditions are supported to have the very best quallty of Ilfe posslble. With the chance tollve, and to di8, in Ihelr own hLwnes wilh their familles. Our mls$lon Is lo provlde the very best care and support PO88lble, at home, for children and young people with Ilfe-llmlting and life-threatsning conditions and Ihelr whole famili88 for the whole journey In Ilfe, at th8 8nd of life, and in bereavement. Our valu08 We put children and famllles first. We are klnd. passionate and commllted. We are hon8st, rèspoctful and collaborative.
Tho Je6sle Tyus istgred numbor: 0411 ofth ustees for thè Year Ended 31 March 2025 ACHIEVEP4lETh AND PERFORMANCE Charltabk actlvllles 2024-25 ha8 s&6n Jessle May conlinue progress th8 flve-year slralegy'No Pla¢e Like Home,. At the hèart of the strategy 1$ the ambltion to support more children, young peoplg and thelr fami1195 through the expanslon of Jessle May. 20225 saw Ihe completlon of three key transformational operational areas klentified in 2023-24 in order to ensure that the charty has the right foundatlons In placo for growth. These areas wera klentified by the Senior Lead6r8hlp Taam {SLT)and have been:. Flnan¢lal Model - from 1 st Awll 2024 the charlty moved over to tho new flnance system Xledger. This systèm wa5 chosen to provide the basls of the charity to grow, providing a robust financial Infrastructure. Nurslng Model - on the 181 July 2024 w& bogan our new partnership with Universliy Hospltal Brlslol and Weston NHS Foundation Trust. W8 have a service Contract with them ensuring that our nurses are ablo lo glv8 the best possible Gare to the children, young people that thelr famllies Ihal w6 SUPPOrt. Servlc• Evaluallon - our extemal evaluatlon of Jessle May's oulGomes and economic impact was completed in April 2024 and we spent the year implementing the recommendatlons which included enhanclng the servlce offér to fam1116s, Irre9$1ng the capacity of tho nurslng team, and provlding a more flexible servlco to famllles. In additlon to Ihesè three koy achievements the charity conllnuad to Inv6st in the development of th6 Team Around the Famlly, and furthèr develop6d the b8reavement offer. Care offer Over Ihe last 12 months and as a result of the external evaluation and feedback from famllles, we have reviewed th8 nursing slructure. From Nov8mber 2024 the nurslng team$ wer8 reallgned Into geograph11 areas. This saw an Immediate Increase in vi3its and hours offor lo children and families as le88 tlm8 was spent by nurses trav611ing. In additlon lo the geographrcal wothing the last 12 months Saw the inlroduclion of 'lea-tim@' vlsils and an opt in Saturday vislt schedule. Over the last 12 months In partnership with Children's H08plce South West, UHBW and Sirona Care arKI Health, Jessie May developed th8 Starllng Servlce pilot to offer 2417 end of Ilfa car8 at home to babies, children and young people in Bristol, North Somersèt and South GlouGester¥hire. Th& partn&rship worklng. parti¢ularly with Children's Hosplce South Wegl has been incredlbly n&ficIal as our nurse8 have worked alongsld6 each other, sharing skills and experlances. Bereavement Support and Purple Group Our Bereavernent Team have continued to offer famllles support through a varl&d off8r whl¢h Includes beroav8mant support vlslts and ac¢e55 to the Purple Group. The Purple Group is a parent led group and provides a safe space for mutual support and underslanding for parents following the death of their Ghild. Our new B&reavemenl Team Coordinator Michell6 Gr88n has developed the bereavement offer over the 18sI Iwelvo nths with the Introduction of more informal coffee moming and bereavement walk and talk maet ups. Toam Around tho Famlly Over Ihe past 12 months. J8ssie May has expanded its nonwnurslng support for families. Thanks lo a generous legacy donatson, the charity has bÉan able to Invest in new roles focused on family engagement and liaison. Thls dev6lopmenl has added significant value by faGilltating meaningful engagement Mlh Ghlldren and families through events. and by enabling panIS to access peer 8UPPOrt via connections wlh other famllles. Our Famlly Llalson Offr¢er has a180 add6d value to our offer. by providing addltlonal advocacy support for familie8 as well 88 slgnpostlng and Ilnking up familles to olher servlces.
The Jessle Ma Trust Re istered number: 04118341 Re ort of the Trustees for the Year Ended 31 March 2025 Jessle May a¢tSvlty and statistics 2024-25 CHILD AND FAMILY STATISTICS Living Caseload ll Bereaved Caseload l Total 202012021 202112022 202212023 202312024 202412025 We supported 149 children and their families on tsur living caseload and a further 53 families on our bereavement caseload, giving a total 202 children and their families. There was slight decrease on 202312024 figures this is largely due lo having a number of families who were not engaging with the servicè, discharged from the caseload. Encouragingly however by September 2025 (the current reporting yearl our total number of children and families supported has increased to 2171151 children and families on the living caseload and 66 bereaved families) this is a 70/ increase. Additional statistics include.. We supported 7 children at end of life. We received 29 new child and family referrals. 1023 specialist nurse visits were made lo children and their families. 155 visits were made to children and hospital, providing families with the opportunity for a short break. 90 bereavement support visits were provided. 8 Purple Groups were held lo support bereaved parents. 275 hours of bereavement support was provided through events. 7300 hours were spent providing support lo children and their families across all Jessie May aclivilies, including direct support and attendance at events. 10 big family events were held, including the Christmas party a significant increase on the year before. We were rated 'Good' overall by the Care Quality Commission retaining 'Outstanding' for care {our rating was reviewed in March 20231- We remained key members of local palliative Ca networks including.. BNSSG Children's Palliative Care Network- End of Life 24n Steering Committee- BNSSG Children's Palliative and End of Life Care Strategy Group- Royal College of Nursing Cornmunity & Continuity Care Forum- Southwest Palliative Care Neork- Neonatal Working Group and Advanced Care Planning Group- South West CEO Hospice Forum We participate in a number of nalional networks including.'- National Children's Hospice Slalutory Funding Network Group- National Council for Child Health and Wellbeing
The Jessl Tru 15tered numb•r: 0411 rtoft rustee8 for thg Year Ended 31 March 2025 ACHIEVEMENTS AND PERFORMANCE Fundralslng and Fundralsing aclivltlas Durlng lh8 bLtdget year 2024-25, Jessie May r8i8ed £1,788,348 and also reIVed amounts totalllng £143,918 for histor VAT reclalms followlng a revlew of key contracts. De8plto the cost-of-llvlng ¢risis we have seen Indivlduals ¢onllnuing to fundraise for us and a contlnugd Interest in J988ie May fvndralslng projects and events. The highllghts In each fundraising 8rea Indud6'. Corporat& partnershlps Incom8: Our corporate partnors play a vital role in hglping Jessle May dellver essèntial caro lo famllles across our region. Through strateglc collaborations, and employ86 fundraislng these parInehIpS not only provide cruclal flnancial support but also ralse awareness of our work wlthln th& business community. W8 are incredlbly grateful for their continued commllment and Impact Highlights includé.. o Throughout the year we plloled new initiallves lo engage wllh corporate partners. new and exlstlro. such 88 Th& Je8816 May Football Tournament, Chrlslmas Jumpers for Jèssie. and I'm NOT A Celebrity Gel Me Out of Her&. o New corporate pathorshlps were secured such as A-Gas, Concrete Society, Danfloor UK, Goldman Sachs, Kennedy Publishlng, New Chell8nham Garage, The Events Room, and The Wlglgy Group. o We reengaged with lapsed corporate supporlers, such as DHL Ltd, John Lawls, Marsh Commercial, Parm8nlon, and Perslmmon. W& had continued support from our loyal partners.. Carite, Nin8 Fe8t Tall, World Snooker Tour, Providence Hospltality. RWE Generation, Brewin Dolphin. o We continued lo recelve support from Together for Short Lives national partners, Hobbycraft, Marks and SperKer and Morr180n8. Indivldual Glvlng Income: The generosty of Indlvldual donors continues to be a vital 80urce of support for Jessie May. Whether through regular donations, oneff gifts. or fundraising a¢ilvltles, these contributions h&lp us provlde con8lStenl, high.quallty care to families who need us rrLI81. We ar& truly grateful for the ¢ompas5ion and commltmenl shown by every supporter: o Our k)yal and regular support8rs' thosg who have ¢ontinued Iheir monthly dlrect deblls, growth In the number Df payroll giver8, and members of our weekty lottery. o Those who sent us donalions or don8t8d to our Mnter Appeal including our philanthn)plc donors who have generously mad8 signifi¢anl donations, o Those who have donated In celobration of a lrfe event. and Ihoso who h8ve honoured Jessle May by donating in memory of thelr loved ones. o Two donors who klndly r8marnbered Jessie Mey in their wills. o Jessie May joined Hospice UK'S National Legacy cgmpalgn - promoting awareness of hospl¢e$ and the beneffts of joaving a gift in your will - which saw an Incraasa in the numbor of bequest enquirles. Trusts and grants In¢ome' Support from trusts and foundation8 remalns a cornerslone of our funding. TheSr genèrous grants enable us to 8UStaln and grow our car8 offer, ensuring that chiklren wllh life-llmltlng condltlons receive the specialist care thèy need. We are deepty thankful for the trust placed In us and the long4omi relallonship$ that help us plan for tho futur6 wlth confidence.
TheJ ssie M Trust Re istered numbe 834 ort of th Trusteès for tho Yoar Endèd 31 f4lar¢h 2025 ACHIEVEMENTS AND PERFORMANCE We have experienced another year of generosity from Trusts and Foundations wlh subslantial grants {exceedlng £25,000) from a number of organi8alions, includlng the Malchroom Srt Charitable Foundation, ihe Tru8 Colours Trust, HcAlyhock Charitable Foundation, Padwa Charitable Foundation, and the John James Bristol Foundation. We remaln deeply grateful to all our funders and a Gommitted to nurturing Ihese relationships to ensure their k)ngevlty. We are deeply graleful lo the Edward Gostling FouThJ8tion for their generous endowment grant of £250,000, eslablishlng the Edward Gosuing Fund, This vital support will enabl& our Ber8av6mant Support Team to conllnuo tholr work for lh6 next flve years. Ralse your Hands supportod Jessie IAay with grants totalling £34,500 and a150 donated Christmas presents and advent calendars for Ihe annual Jessie Alay Chrlstmas party. Communlty and èvants Income: We're proud lo highllghl the Incredible efforts of our community supporters who continue to go above and beyond for Jessie May., - New supporter the Ring O, Be115, Coalpll Heath, hosted a Ilve mug1¢ event that ral$ed an Impres8lve £5,CN)O lce thelr usual fundraislng lolal. The Owb of Plll, long41me supporters for over 15 years, h8ld thglr annual f8sllv8 concèrt and reached a remarkablo mlleslone of £70,000 raised to date. Caslle Comba Stèam Rally. now In Its 9th yoar supportlng J6s&18 May, enjoyed anoth8r packed-out weekend and ralsed £10,000 for tho (*arlty. Long Ashton Golf Club, also c818brating 15 year8 of support. chose Jessie May as their charlty of the year and raised £12.000 through their dedicated efforts. Vve've also seen fanlaslic parli(ap81ion in major events such as the London Marathon, Sodbury Slog, Bath Half Marathon, and London Landmarks Half Marathon. Our fundralsers have taken thelr passlon beyond Ihe local ¢ommunlly. joining the Manchester Marathon and Paris Marathon. and even creatlng Ihelr own unlque challenges Ilke 'AS for Angels,. a father and son molorcycllng tour through th8 Alps In honour of Jessi8 May. statutory Income: We have continued to racelva funding through NHS Bristol, North Som8rset, and South Gloucestershire Inlegr8ted Care Board. Th18 fundlng contrlbutes lo the care we provida 81 homa and in the community. In addition, J6ssia May continu68 to recoive a grant from the Children's Hospice Grant funded dIrllY by NHS ENJland as a conlribulion lo the operatlng costs of the children's hospice in the delivery of clinical palliative care to children and young people. Gratitude and Ihanks As we refiect on the past year, we want to emphasise that everythlng we achleve at Jessle May, deliverlng vital Care to famllles who need us m051. Is made p05slble thanks to the exceptlonal generoslty and ongolng support of IndFvlduah, organlsalk)ns, and mmUnItIeS a¢ross our reglon. On behalf of evaryone al Jessle May, thank you. Your ¢ommltmont and oompasslon are al the h6art of our work and contlnu8 to mak@ a lasung dlff8r&nc8 to the famllles wa support.
Tho Jossle Ma Trusl Istere 4118341 Re ort of th8 Trusteos for the Year Ended 31 March 2025 Thanks: Jessie May would Ilko lo thank tho following for thelr $upport over Ihe last 12 months,, The Edward Gostllng Foundatlon {fomerly ACT Foundallon) The True Coh)urs Trust Hollyhod( Charliable Foundation The Herbert and Stefanig Strau8 Memorlal Trust Lyon8 Law WPBSA-World Professlonal Bllllard& and Snooker Assoclatlon Owls of Plll Together for Short Llvès Dame Violet Wllls Wlll Trust Th8 Evgnts Room Ltd Thè GuylkLeng Charltable Trust Rotary Club of Portlshead New Milton Bowling Club The Drandjeaw Char4tabl8 Trust The Blalr FwndatSDn Nino Feet T811 stanshawes Senfice Station New Cheltenham Garage St James, Pla Charitable Foundation Prlory Ma¥onl¢ Lodge Concrete Soclety (South West Reglonl ZEC Music IZMLI John James Bristol Foundatlon Padwa Charitable Foundatlon The Thomas Curus Charitable Trust The James Tudor Foundation The Albert Hunt Trust Robert Luff Foundallon Ltd Long Ashton Golfclub Cast18 Combe Steam Rally RSM UK Foundation Sp18knan Charflable Trust The Welnstock Fund Tho Brownsword Charllable Foundatlon Rlng O Bells The Joyce Fletch&r Charitable Trust . The Pahthoon Charltab18 Trust Compliance with fundrai$lng regulations Jessle May undertakes fundraising activlty via the support of volunteers fundrai8iThJ in the communlty,, applylng to and patherlng wlth companles and grant giving twsts- holding &pp&als,' and organlsing ev8nts. Jessie May Is rog1star wllh th& Fundraising Regulator and ats members of the Chartered Institute of Fundraislng. All fundraising is carrled out In accordance with the Fundraislng Code of Practlce. In accordan¢o wllh The Charilies Act 2011, Jessle May updated Its ethical fundraising p(Aicy to prote vulngrable people and mamb&rs of the publlc whllsl und@rtaklng fundraislng actlvity. Jessie May received one complaint about its fundralBlng actlvlty durlng thè reporting parlod. Jessle May ha$ a Clear mplaints process detailed on the wBb8ile to en8ure that any MplaInt is managed falrly, wkth sensitlvity and is transparenl. In this instanGe the Gomplaint was resolved quickty through emall ¢ommunlcAlion. Inforrnation on Fundraising Agreements with Third Parties (As requlred by tho Charltlès Act 2016) Jessle May has Contlnued to work with Local Hospi Lollery, a hospice kjttery provider {a wholty owned subsidiary of Farlelgh Ho$pl¢e). A¢ttvllles from thls Inluatlve was monitored by Jessie May through regular meetings, On8 complaint was received through the Local Hosplce Lottery for 2024-25, The Local Hosplce Lottory adheres to ths Inslllute ol Fundralslng guldolln6s for dealing with vulnerablo pooplg.
The Jessie Ma Tru8t Re Istered num ort of the Trusloes for the Year Ended 31 March 2025 ACHIEVEMENTS AND PERFORMANCE FINANCIAL REVIEW Financial position This year we made a surplus of£53,739. Thls. added lo our reserves of £1,814,601on 31st March 2025, means we now hold reserves of £1,867,340 (both restrtct8d and unrastrfctad). The surplus was achieved by a substanlial legacy totalling £240,000 whi¢h has a restriction to supporting chlldr6n wllh cancer and wo antlGipat8 wlll be spent over the n&xt five year6. Resérves pollcy The bwstees consldor the Ideal level of resetves to be belwegn £434k and £867k, calculated based on holdlng reserves of b6twe&n 3 and 6 months operatlng expendlture. Currently our free reseNes sll at £458K whl¢h equalas to just over 3 months of operating expendllure. Reserves have been used in 2024125 to fund a planned budgeted deficit In unrèstrfcted expendilure due lo the challenglng oporallng onvironment (he sector is facing. The trustees are implem8nting a $po¢lfi¢ fundraising rampaign and are looklng al dlverslfylng income streams and exploring additional furKling opportunlll68 to mlllgate a further shortfall as well a8 reviewing our cost basé. The Tru3lees will continue to monllor the reserves position as part of our ongoing risk managgment. Golng con¢ern The charity is due to merge by way of a change of control agreement. wlth a larger charlly wtth slmllar charitable pury)oses. A draft merger agreement and drafl revi5gd artic16s have been prepared and signed by Ihe trustees on 16 March 2026 wlth an effeclfve dale slated as 1 April 2026. The m8rg8r moves the Jessie May Tw81 under the oonlrol of the larger charity. Tho larger charlty ¥MII become the solo 'corporate membe¢ of the J8ssle May Tnjst and wlll have aulhorfty to appoint additional truste8s as 18 r8qulr8d. At the dale of approval of th6se financlal statements. il is understocrtl that the rnerger will proceed to th? effective dat8. Under the new 8lruclU, the Trus18es of J8881e May Trust expect the charity Io Gontinue lo operate as normal. In addllion, the Trustees have concluded that th6 charlly h88 8dequal6 r8sourcas to meet Its Ilabilities as they fall due for at least a perlod of 12 months from the dale of approving these flnanclal statements. Tho Trustees have Iherefore prepared the finanGial statemen18 on a golng concern basls.
The Jessie Ma Trust er mbor: 04118341 ort of the T tees for the Year Ended 31 March 2025 PLAN8 FOR 2025.202B We launohed our strategy, 'No Placa Llke Home, In 2022, Al the start oftho year, we summaris8d pmgr8ss In egch of the ar&as as follows". 24ri End of Ufe Nurslng Support: we now have a strong worklrKJ relallonship wlth Childrpn's Hospice Sothh West and have est8blI5hed a regular rota of support, giving farnllles the cholce for thelr chlkl lo receive end of Ilfe cara at homa. Now Chlldr¢n & Famlly Sgrvice8: We have strènglhened our Team Around thg Famlly, offer, inlrodu08d a regular &vènts programme for families, and provlded addlllonal support beyond care vlsits, Children & Famlly Involvement: Our care offer has been shaped by direct fsedba¢k from famllie5. As a r&sult. visits have Increased by 13% over the last twelv& months. Influenclng., We have Increased media coverag8 of JessSe May and the issues affeoting famllles. Our collaboration with Togelhar for Short Live8 and Hosplce UK has helped lobbying for tho contlnuatlon of the ¢hlldren's hospice grant Suslalnable Fundraising.. We hav8 grown the (x)mmunicalions tgam, addlng a new PR and Pross Officer role and have merged fundraising and communlcalions Into one team. People: We have focus8 on ensuring that Ihe right people are In tha right roles at the rlght tlme. strengthening our t8am for thg future. In January 2025 the Senlor Leadership T8am and the Trustoes, following a succèssful stralegy plannlng revl&w fett that Ihe 51rat8gy had progressed well in 811 service dellvory areas, but needed to priorltlso operallonal support and fundraising for the next twelve months. It vas decided that a refocus plan was required for 2025126. The 'refocus plan,, complimenting the 8trat6gy, belng focused into th8 followlng maln areas,. a) Developing a 8eNl¢a to be proud of Embedding our offer to famllles Consistent mes8aglng and tone of voice Storytelling from the chlld perspective Reasse6$1ng prioritles Fundraising strategy Emergency fundraisiw appeal Building our donor base c) Ways of worklng Embeddlng systems and processes Combinlng finance and operatiOll5 functrons New child and family dala base Workplac8 culture
The Jèsslo Ma Trust Re Istered numbor: 04118341 ort ot the TNstee for tho Year Ended 31 March 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT structure? governance and management Governing document The charity Is controlled by Ils governlng document, a deed of trust, and constitutes a limited company. limited by guarantee. as deflned by the Companles Act %X)8. Govemance Structure Tho Trusloe Board meets on a quart6rly basls. In the last twelve months the trustees revlewed the subcommlltee structur8d, didIng to comblne the Finance and Resources and Fundr81sinu and Communlcallons Into a new IncA)me Generation Subcommittee. In addilion, a new People and Development Subcornmlttee was created, and an Audit and Risk Subcommittee replaced Ihe previous Prc4ect Overslght gr(p. The Quallty Assurance SUbmmIttee remains. Each of the Commitlees includes Trusteos and other member6 of Ihg Sgnlor Leadershlp Team as approprlate. Management Structure and arrangements for settlng thelr pay Day-to-day managemenl of the charity is delegalod by the Trustee8 lo Chl6f Executlve, Daniel Cheesman, Daniel is supported by the Senlor Lead6rshlp Team comprising the three department heads from Care, Fundralslng and CoMmunl¢atlcS and Flnance. Pay and ramun8rallon of the charity's key management personnel are set by the Remunerat1 Commlttee. wNch conslder8 the8e on an annual basis Bach April. Consideration is given to awardlng staff Cost of Living Awards ICoLA} taklng into account published figures for the Relail and Consumer Prlces Index {RPI. CPI). Trustèes also ber)chma 8alari88 gvery three years against comparative charities through 8peclallsl recruitment agencles and membership organisalions such as Togelher for Short Lives and Ihe Nallonal Council for Voluntary organlsations, of which J18 May is a member. Principal risks, uncertalnlles and managlng rlsk The Trustees have a duty to identify and rovlew the risks lo which the charity is exposed and to ensure app*prIate controls are In placa lo prode reasonabl8 assurance against fraud and erfor. The Senior Leadershlp Team and Ihe oard of Trustsas regularty revlew organ18ational risks and how to negale or reduce these rlsks as best posslble. Th1$ Is achl6v&d through the Je88ie May Risk Register. The risks which have been monitored by Ihe Board of Truste68 have of couw mDved and avofvad at various points throughout the reporting perlod. The maln stralegic-level iisks durlng thls p8riod have been- Financial Sustalnability.. Jessie May acknowledges that current axtèrnal factors are making the ability to fundraise very unpredictable. Thls coupled ithth the incrgasing cost of dellverlng care has significantly impacted the financial posltlon of the ¢harfty. Data protection: Jessie May has hlstotlcally been ovgrfy rollant on paper record ke6ping. Over the lasl 12 months there has been Investrn8nt in a chlld and famlly data base, which is due to go live in the next year. Th56 wlll Slgnlflcantly reduce tha rfsk of data breaches. Leadershlp: The last twelve months saw Several changes to the Senlor Leadership Team. whlch caused instabllty to tho charity, particularfy within fundraising. The Trustees are aware of Ihe Impacl of Ihls rfsk and It remalned a 81gnificanl ri8k for tho tharily throughout the year. Re¢rultmenl Appointment, Inductlon and Tralnlng of Trust••s The cornposilion of Ihe TNstse Board Is under regular revlew to ensure that there is a balance of skllls and experience. Trustee$ seNe a term of 3 years, whlch is renewabl@ wlth a maximum of g yeats. Twstees are usually recrui16d by word-of-nK)ulh, although more recently wo have been approached by Supporte offering to b0m8 Trustees. Applicants are provided wlth informallon whlch Includes a hlstory of the organlsatlon, details of the goveming document, flnance3, activilles, and obJè¢tivos, together wllh the role and rasponslblllties of a Truslee. Successful appllcanls are appolnted by thg Board. 10
TheJ Trust Re Istered n 04118 rt of the Trusteos forthe Year Ended 31 March 2025 The inducllon process include8 maotlngs 4•Ath other Trustees, Chi6f Executlve, and members of the Fundraising and Care teams. Where possible, aangements are made for new Trust6e8 to accompar)y nurses on visits to famili88. Trustees are en¢ouraged to attend meellngs of the Cllnlcal Governance Committee and famlly social ovents. There [8 also Ttee representation al staff away days whlch happon tWiGe a year. PUBLIC BENEFIT Th8 Trustees ¢onfimi that they have complied wlth thè duty In $&clion 4 of Ihe Charitios Act 2006 to have due regard lo the publlc benefit guldancè published by the Charity Commlssion In determining the activities undertaken by the chariEy, History The Jessie May Trnst was establlshed by Chris and Philippa Purrington, followlng Ihe dealh of their baby daught8r Jessi¢a May, in September 1994. J8ssica died from a genelic condition known as severe Splnal Muscular Atrophy when she was only 4½ months old. Whilst the family were visitlng r6laliv&s In Brlstol, Jesslca was admitted lo Southmaad Hospllal, It was here that th8 farnily learnt that the support they had recelved back at home in High Wycomb6 was not avallablè to famllles caring for Ihelr child at home In the Bristol area. Jessl¢a was cargd for by her fomily al home throughout h8r Illness. She died peacefully at home In h&r father's amis, in privacy, wlth dlgnity. and surrounded by all those who loved hor, Jesslca's parents wor6 dgtermlned to do what they could to enable other chlldren with conditions like Je881ca's and thelr f8milles to have support In their own homes and Ihe choice to di8 at home when that tlme comes. After a lot of hard work and per8everance, Inlllal fundlng was secured, and the service launched In 1996. REFERENCE AND ADMINISTRATIVE DETAILS R¢glstered Company number 04118341 {England and VVale81 Règlstered Charity number 1086048 Rogl8tèrÈd office 35 Old SchoDI Housè Kingswood Foundatlon Estat8 Britannia Road Bristol Avon BS15 8DB Trust¢¢$ T Woodbrldge M Mcginn M Legge T Selman (rèsigned 23.1.25) T Mccool Chalr E Headings T Mccarthy J F Veysey E S Lunls LMHOY A Harrls (appointed 16.9.241 Company Se¢retary D P Che8sman Audltors Sumer Audltco Llmiled Statutory Audltor Chartered Accountants Lennox House 3 Pierrepont Slr66t Somerset BA1 1LB
The Jessie Ma Trust istergd number: O 11834 ort of the Trus es for the Yèar Ended 31 March 2025 EVENTS SIMCE THE END OF THE YEAR Infonybation ttlating lo @vènts slnco tho end of tho year Is glven In Ihe notes to the financlal statsmenls. STATEMENT OF TRUSTEES. RESPONSIBILITIES The twstees (who are also the dlreclors of The Je8sle May Tm8t for the purpD8es of company law) arp responsible for preparing the Report of the Tru8lee8 and the financial statem6nts in accordance with applicable law and United lfjngdom Accounting Standatds {Uniled Kingdom Generally Accepted Accounting PraGticel. Company law requlres the trustees to prepare fflnarlal statements for each flnancl81 ye8r. Under Ihat18W, th8 twstee8 have elected to prepare th8 financial stalements in 8ccordance with United Kingdom Gonerally Accept1 Ac¢ountlng Pra¢ti¢e (United Kingdom Accounting Standards and applicab19 law), Undar company law the trustees musl not approvo Ihe flnanclal statements unless they are salisfied that thay give a true and falr vlow of tho slate of affalrs of the charllable company and of the incoming resource8 and application of r88ourc6s. includlng Ihe Incx)m8 and expendlture, of the charitable company for that perlod. In preparlng those financlal statéments. thb trustees are requlrad to select suitable accounting policies and then apply Ihem con818tsnlly', obserye Ihe melhods and prlndples in Ihe Charities SORP. rnake judgements and gstimales that are reasonable and prudent., prepare tho financial slalemenls on the going wncern basls unle55 It Is Inapproprlate to presume thal the ¢harltable company will continue In buslness. The trustees are responslble for keeping proper accounting records whlch disdosa wllh roasonabla UraCY al any tlm& the flnancial position of the charitable (MpanY aNJ to anabl8 Ih&m to 8n8ur& that the ftnanclal statements comply with the Companles Act 2006. They a al80 responslble for saleguarding the a88ets ofthe charitable company and hence for taking reasonaNe steps for the prevention and detection of fraud and athar irregularitie8. In so far as the trustees are aware.. there 1$ no relevant audit information of which the ¢harit8ble compan8 auditors are unaware., and the trustees have taken all Steps that they ought to hgve taken to make themselves aware of any relevant audit Inf0MtIon and to establlsh that the audttors are aware of that Informatlon. AUDITORS The audltors, Sumer Audilco Llmlted. wlll be ppOSed for r8-appolntment at tho forthcomlng Annual General Mgellng. Th18 report has been prepared accoKJance wllh the Speclal provi810n8 of Part 15 of the Companies Act 2006 relating lo small companles. F/03/2< Approved by order ol the board of Iruslees on ,..,.........,..,............................ and signed on its behalf by.. T hlccool - Trustee 12
the Inde gndent Audltors The Jes810 Ma Trust Memb of Opinlon We have audited th8 financlal statements of The Jessie May TnASt (thè 'charllable Gompanv) for th8 year ended 31 March 2025 which comprfs6 the Statement of Flnan¢ial Activities, the Balance Sheet, the Cash Flow Ststemenl and notes to the financial slalements, Includlng a summary of significant 8ccountlng poll¢les. The financial Teportlng framework that has been applied in Ih8lr praparallon Is appIlble law and Unlted Kingdom Accounting Standard8 {Unlted Kingdom Generally Accepted Acctsunllng Practice). In our oplnlon the financial statements,, glve a true and fair view of the state of the d)arftabl8 company's affalrs as at 31 March 2025 and of Incomlng resources and application of resources, includlng ils income and expenditure, for the year then 8nded' hav6 be8n properly prepared In accordance with Unlt&d Klngdom Generally Accepted Accounting Practice; and have been prepared In accordan¢e with the Tequirements of the Companles Act 2006. Basis for oplnlon We conducted our audit in accordance wlth Internation81 Slandards on Audltlng (UK) (ISAS (UK)) and appllcablè law. Our responsibilities under those standards are further described in the Audilor8' responslbllities for the audit of lh8 finan¢lal statements section of our r6POrt. We are independent of the charitabl& company In accordance with the 6thical requlremenls Ihal are relevant to OLrr audlt of the finan¢lal ststemenls in the UK, includlng the FRC'S Ethical Slandard and we have fulfilled our other 8thical re8ponslbllillès In ac¢ordance with the59 requiremenls. We belleve that the audit evidence we have obtained is sufficient and appropriate to provlde a basi$ for our opinion. Concluslons relatlng to going ¢onG6rn In audltlng tho financlal statements, we have eonduded thal th8 trustees, use of the going coneèrn basls of accountlng in the preparallon of the financlal Statements is appropriate. Based on the work wo have performed, we have not idenlifi8d any material unrtaInlieS relatlng to &vents or nditIonS Ihal. Indlvidually or collectlvely. may cast signlficant doubt on the charltable company's abilily to Gonlinu8 as a going concem for a period of at lea8t iwglve months from when the financial 8t8t6m8nls are authorlsed for issue. Our responsibiiilies and the r8sponslb1tl0S of the trustees with respect to going ¢onc8m are described in the r8levant se¢llons of this report. other Information The Iruslees are responsible for the i)ther informatlon. Th8 other Information comprises the informatlon Included in the Annual R8PQrt, other than the financial statement8 and our Report of the Independent Audilor3 th9reon. Our opinion on Ihe financlal slatements does not oover the other Informatlon and, except lo the extent othWISe expllcilly slated in our r8port, wo do not express any form of assurance concluslon theraon. In connection with OLJr audlt of the finan¢lal stalements, our responsibillty Is to r8ad the other informatlon and. In doing so, con¥lder whelher the other Infonnatlon Is materially in¢onsistent wllh tho financlal statements or our knowledg6 obtained in the audit or otheNlse appears to be materially misstated. If we Identify such material InnSistenleS or apparent material misstat8menls, we are requlred lo determine whether thI8 glves rls8 to a material misslatemenl in th6 finan¢lal slalements themselves. If. based on the work we have perfomied, wa conclude that there is a material mlsslatement of this other Informatlon, we aro roqulred to report that fad. We have nothlng to report In thls regard. Oplnlons on other matters prescribed by th6 Companles A¢t 2006 In our oplnlon. based on the work underlaken in the course of the audit., the Informatlon given In the Roport of the Tru816es for the financlal year for whlch the financial statem&nts are prepared is conslstant wlth the financial slalements,. and the Report of th8 Tru8te@s has b@en prepared in ac¢ordanc8 wlth appllcablo legal requlremenls.
ort of the Inde ndont AuditOTS to the Mem The Jessle Ma Trust Matters on whi¢h we are required to report by exception In the Ilght of the knowledge and understandlng of the charllable company and its 6nvlronm6nt obtalned In the course of the audll. we have not Identlfled materfal mlsstalements in the Report of tha Trustaes. We have nolhlng lo report In respect of the following Matte wherg th6 Companles Act 2006 requlres us to report to you if, In our opinion: ad8quale a(Uting records have nol been kept or relums adequate for our audit have not been recelved from branches not v18116d by us,. or Iho flnanclal statements a not In agreemenl wilh the occounling records and returns., or certain disc108ure8 of trustees, remuneration specified by law are nol made; or we have not received 811 the informatlon and explanations we require for our 8udlt,' or the trustees were not entilled lo lake advantage of th8 small compani8s 6x6mpllon from Iha requlremenl to prepare a Strategic Report or In preparlng the Report ofthe Trustees. Responslbllltles of trusloes As explalned more fully In the Slalomant of Trustees, Re8ponslbilities, the trustees {who ara also the dlrectors of the charftabb ¢ompany for th6 purposes of company lawl are re8ponsible for thè preparation of the financial statements and for bolng sallsfied that they gfve 2 Inje and fair view, and for such internal control as the ITuslees delerrnine is necessary to enable the preparallon of fEnanclal 8tal8ments that are free from matla1 misstatement, whether due to fraud or error. In preparing the finanal statemenls, the twstees are responsible for assosslng the charitable company's ablllty to conlinue as a goiru concern, disclosing, as opplicable, matters related to golng concern and uslng Ihe golng concem basis of aGcounting unle55 the twstee$ either intend lo liquldate the charltable company or to cease operatlons, or hav9 no realisti¢ alternalivo bul lo do so. 14
Inde ndent Audltor6 t The Jes818 Ma Trust Mem Our responsibilities tor the audlt of the flnancial statsmonts Our objectives are to obtain re280nable assurance about whether the financlal slalements as a whole are free from materlal mlsstatemenl. whether due to fraud or error. and to issue a Report of the Indgpendent Audltors Ihat includes our oplnion. Reasonablo 8$surance is a hlgh 16vèl of assurance, t is Th)1 a guar8nle& that an audit conducl8d in accordance ISAS (UK) will always detect a materlal misstatement when it exlsls. Mlsstatements can arise from fraud or error and are considored malerlal if, indlvidually or In the aggrogale, they could reasonably be expected to influence th& èconornlc doclslons of users taken on the basls of these financlal stalements. The extant to whl¢h our procedures are capable of d6t8cling Irr9gularitl8s, Including fraud is detall&d below., Explanatlon as to what axtont the audlt was considered capable of dotectlng Irregularities, includlng fraud The objectives of our audit in respact of fraud, are- to identify and assess the risks of material misstatement of th8 financlal statements due lo fraud. to oblaln sufflclent appropriate audit eviden08 regarding the assessed rfsks of matèrlal mlsstalemonl due to fraud. Ihmugh d&slgning and implementing approprfats rospons8S to those a&8essed risks.. and to respond appropriately to inslances of fraud or suspected fraud Idenlifled durlng the audit. However, the prfmary rèsplSIbII1tY for the prevention and detecllon of fraud rests with both managamenl and th058 charged with gov6rnan¢e of the company. Our approach was as follows: We obtalned an und8rslandlTha of the legal and regulatory rèquirements applicable lo the company and consldered that the most slgnifirAnl are the C¢)mpanies Act 2006, Charities A¢t 2011, UK Flnanclal Reportlng Standards and UK taxation legislation. We oblalned an understandlng of how the company complles with Ih8sè requlrements by discussions with management and those ¢harg8d with govemance. We assessed the risk of material mlsstat8menl of Ihe financial statemen18, includlng the rlsk of material misstatement due to fraud and how it might occur, by holdlng discusslons with management and those charged wlth gcvemance. We Inquir8d of management and those charged with govemance as to atTry known in8tan¢os of non-compliance or SUSP8Ct8d non-complian with laws and r&gulatlons. Based on thls understandlng, designed specific approprlate audlt procedures lo identify in8tanc&s of non-compliance with l&ws and regulatlons. Thls Included making enquirles of management and those tharged wlth govemance and obtaining additional ¢orroboralive evldence as required. A further description of our rosponslbllues for the audit of the financlal statements Is located on the Financlal Reportlng Council's website 8t www.frc.org.uklauditorsresponsibilrtres. This desctlpllon forms part of our Report of the Inrl8Pgndent Audltor5, 15
orto en The Je$$lo Ma Trust he Members of Use of cur report Thls report Is made SOlY to the charitablè company's members, as a body, In accordanee with Chapter 3 of Part 16 of the Companles Act 2006. Our audit work has been undertaken 80 Ihat we mlghl 81ate to the charitable CoMpanS mambers thos6 matters w6 are raqulred to state lo them in an audilor8' report and for no other pury)ose. To the fullest extent permitted law, we do not accept or assume responslblllty to anyone other than the charilabl@ company and the charllab16 CO y's memb6 as a body, lor our audlt work, for this r&port, or for the opinions we have fOed. Slmon Cunnlngham (Senior Statutory Audllor) for and on behalf of Sumer Audilco Limited Slalulory Auditor Chartered Accountants Lennox House 3 Plerreponl Street Bath Somerset BA1 1LB Date.. 16
The Jessle M st statement of Flnanclal Actlvl forthe Year Ended 31 March 2025 2025 Total fund8 2024 Total funds Unreslricled fund8 R&strfct6d funds Notes INCOME AND ENDOWMEfrrrs FROM Donations and legacl88 838,954 586,912 1.425,886 1,382,674 Charitable a¢tivlties Provlsion of care services 362,492 362,492 334,594 Other income 143,918 143,918 Tolal 1345.364 586 912 1932 276 1,717268 EXPENDITURE ON Raislng funds 588,982 588.982 560,180 Charltable activitie8 Provlsion of care services 1,027.851 262 026 1',289.877 998.482 Total 1616 833 262.026 1878 859 1558 662 Net galnsl(losses} on investments 322 322 NET INCOMEIIEXPENDrruRE) (271,147) 324,888 53,739 158.399 RECONCILIATION OF FUNDS Total funds brought fovward 819,007 994,594 1,813,601 1,855,202 TOTAL FUNDS CARRIED FORWARD 547.860 1319480 1,867,340 1,813,601 17
The Jgssio Ma Trust R Istered number.. 04118341 She 31 March 2025 2025 Total fiJnd$ 2024 Total funds Unreslrlctgd funds Reslrlctgd funds Notes FIXED ASSETS Intanglblo assets Tangible assets Investments 13 14 15 57.790 31.004 57,790 31,004 949 69.941 6,102 627 89,743 89.743 76,670 cuRREr ASSETS Debtors Ca8h al bank 16 134,831 843,048 134,831 2,162 528 80,315 2,400,538 1.319.480 977,879 1,319,480 2.297,359 2,480,853 CREDrroRS Amounts falling due wlthln one year 17 1519,7621 (519,762> {743,9221 NET CURRENT ASSETS 458,117 1.319480 1.777,597 1,736,931 TOTAL A8SEfs LESS CURRENT LiABILITIE8 547,860 1,319,480 1.867,340 1.813.601 NET ASSETS 547.860 1,319480 1867 340 1813801 FUNDS Unrestricted funds Restrlcled fur3 19 547,860 1319480 819.007 994,594 TOTAL FUNDS 1,867.340 1.813,601 Th6so flnanclal statsm6nts have begn prepared in accLsrdance with the prOSlon8 appllcable to charllable (x)mpanles subjocl to lh& small cornpanlas 91M8. The fina cial statemen were approved by the Board of Tru8te6s and authorls6d for Issue on and were signed on its behalf by., T Mccool - Trustso M Mcginn - Trustee 18
Thè Jtssle Cash Flow State f r thb Year Ended 31 Marc 2025 2025 2024 Notes Cash flows from operatlng actlvltles Cash generated from operations 188,715> 1.009 936 Net cash (us8d In)Iprovlded by oper8tlng aGtivitigs 188715 1,009,936 C)sh Ilows Irom Investlng a¢tivitie8 Purchasè of Intanglble flxed assets Purchase of t8nglble flx8d assets (13,376} 35,919 (28.4811 Nel cash used In investing 8CtSvltles 49 295) Chang8 In cash and cash equlvalents in the reportlng porlod Cash and cash oqulvalonts at the beginnlng of the reportlng pèrlod 1238,0101 976,932 2.400,538 1,423.606 Cash and cash equlvalents at ènd of the reportlng pèrlod 2 162,528 2,400 538 19
Tho Jes81& Ma Trust Notes to the Cash Flow Statement lor the Yoar Ended 31 March 2025 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIE8 2025 2024 Income for the reporting porlod {as pèr the Statemènt of Flnanclal A¢tlvltles) Adjustments for: D8pr6(aaticrf) charg8s {Galnylosses on inveslmenls {Increaselldecre8se In debtors {Decrease}fincrease in creditors 53,739 158,399 36.544 (3221 (54,516) 224 160) 25,191 207 213,434 612705 Nèt cagh (uséd In)Iprovldod by oporatlons 188,7151 1,009,936 ANALYSIS OF CHANGES IN NEf FUNDS Al 1.4.24 Cash flow At 31.3.25 Met cash Cash at bank and in hand 2,400,538 238,010 2.162.528 2.400.538 238.010} 2.162.528 Total 238,010 2,162,528
TheJ TruBt Notes to inanci ements for the Year En4Jed 31 March 2025 GENERAL INFORMATION Th8 charlty Is a private company limited by guarant6e. regisler8d In Engfand and Wales and a reglst&red charlty in England and Wale5. The add8$ of the registered office can b6 found on the adrninislrative Information on page 12. ACCOUNTING POLICIES Bosls of proparlng the flnan¢lal statements The financial statsments of the charltable company, which is a publlc b8nefft entity under FRS 102, have been prepared in &ccordance wlth th8 Charltlos SORP (FRS 102) Accounting and Rèporting by Charities., Statement of Recommended Practice appllcable to chartties preparlng their accounts In accordance with the Flnancial Reportlng Stsndard applicable in the UK and Republic of Ireland {FRS 102) (effective l January 20191,, Flnancial ReFQrtlng Standgrd 102 'Th& Flnanclal Reportlng Standard appllGable in the UK and Republic of Irèland, and the Companies AGt 2006, The flnancial statements havo beèn prepared under the hlsloriGal cost convenllon, with the exception of Investments which are induded at marf<81 value, as modlfied by the revaluation of certaln astsl8, Golng Concern Th& charlty Is due to merge by way of a ohange of control agreem8nt, with a larger chaiity with slmilar Charitable purposes. A draft m8rger agreement and draft revised articl88 have b8èn prepared and sSgned by th8 trustees on 16 NAarch 2026. wlth an èffective date staled as 1 April 2026. The merger moves the Jess1& May Tst under the control of the larger charlty. Tho larger charlty will become the sole '¢orporale membarf of th• Jessie May Trust and will have authority lo appolnt additional trustees as is required. At the dale of approval of these financial 8talemants, it Is Uler$I00d that the merger will prDceed to the effeclive date. Under the new 81ru¢lure, the Trustees of J&ssi8 May Trust expect the charty to continu8 to operate as nomial. In addltlon, the Trustee3 have concluded thal the charity has adequate resouroes to meet Its Ilabililies as they fall due for at leasl a period of12 months from th8 date of approving these financial slalemenl8. The Trustses have therefore prepared the financial 8talements on a golng concem basis. Income All income is recognlsed In the Statement of Financlal AGlivilies once the charlly has enlltlement lo the funds, it is probable that the income wlll be r6¢0ived and the amount can be mea8ured reliably. Expenditure Llabllities are recognised as expenditure as soon as Ihere Is a logal or conslnKtive obUgatk)n commktllng the oharlty to that expenditure, il is probable that a transfer of economic benefils will be required in settlement and the amount of the obligation can be measurod reliably. Expenditure 15 accounted for on an accNals basls and has been classlfied under headings that aggrega1& all cost related to the ¢alegory. Where CDsls cannol bg dlr8Gtty aitrlbuted to particular headlng5 thBy hav8 be&n allocated to a¢llvltles on a bagis consistent wSth the use of rvdources. Allocatlon and apportlonment of costs Oveth6ads have b8&n recharged on a head ¢ount basis. Administr8tlon and Management employment costs Ik9ve been recharged on th6 parcentage of tlme spent on the difference a8pe¢ts of th8 role. Intangible fixed assets Computer soflware development costs are capltallsed at cost and amortised over the software's Ostlmaled useful lifo of five years. Tangible flxed assets Tanglblo capFtal ilemg such a5 office fumilure and oompuler equlpmenl are ttapllali5ed at Cost and deprecial&d on 8 straight Iln6 basis over Ihelr esllmaled useful lives of 3-5 years. Leasehold Improvements are depreciated over the length of the a$0. 21
The Jessle M Trust Notas to the Flnanclal Statements - contlnued for the Year Ended 31 March 2025 ACCOUNTING POLICIES- ¢ontlnu8d Taxation The charily is exempl from corporation lax on Ils charitable actlvitses. Fund accounting Unreslri¢ted fund$ can be used In a(xordan¢e wlth the ch2rltable objectives at the dlscretlon of th6 trustees. Restricted funds can only bo used for particular restricted purposes withln the obleds of the charlty. Restrictions arlse when specffied by the donor or when funds ar8 ralsed for partlcular restrlcted poSe6. Further explanation of the nature and purpose of each fund is induded in the notes to the financial statements. Voluntsers and donated sotvicgs and fa¢ilities During the year numerous volunteers provided fundraising asslstance (all unpald). Invesbnent Income All of Ihe Charity's investment income arlseg frorn Its interest bearing current and doposit accounts held wlthln the UK. Penslon costs and other post-r8tlrom•nl bongflts The company pays dèfinod contributions directly inio the p&r8onal pen8ion plans for (*rt8in slaff members. Contrlbutions payablo are Charged in the Slatemenl of Financial Activitles. The company a180 pay8 a supBrannualion fee to the NHS in relation to the pension ft)r the care team nurses. Thts Is charged al 14Vo of the nur8e'5 gross $&lary. DONATIONS AND LEGACIES 2025 2024 Donatlons Investment Income 1,399.124 26,742 1.372,059 1,425,866 1.382,674 INCOME FROM CHARITABLE ACTIVITIE8 2025 2024 Activity Provlslcn of care seNlcas CCH In¢ome Departmenl of Health In¢ome 179,665 161,512 Provlslon of care $eNlces 182,927 173,082 362 492 334,594 22
TheJ iema ust es lo the Flnanclal S for the Year Ended 31 men - Gontinued arch 2 25 OTHER INCOME Other Income rfjpr&8ents VAT clalmad back under HMRC'S 126 Schema. RAISING FUND8 31.03.25 31.03.24 Staff costs General offlGe Legal & olhgr prof&ssion81 fee Supplles 432,772 54,349 101,861 358,681 64,586 136,632 281 588,982 560,180 CHARITABLE ACTNITIES COSTS 31.03.25 31.03,24 staff costs Staff support costs Gen8ral offK Informatlon 18chnology 998,545 61,900 165.357 64,075 801,166 16,900 148,384 32,032 1,289,877 998,482 SUPPORT CDSTS Flnance Provlslon of care services 6,867 INCOMEI{EXPENDITURE) Net Incomellexpenditur81 is stated after chargingl{crediting}: 2025 2024 Dapreclatlon - owned assets Computer sofhvare amortisalion Auditors, remunerdtion 11,017 25,527 7,500 8,035 17,156 7,000 10. TRUSTEES. REMUNERATION AND BENEFITS There were no tN8tees' remun9ralion or other benefits for the year ended 31 March 2025 nor for the year 8nded 31 March 2024. TrustO85' expon$•s There were no trusteos, 8xpenses paid for the year ended 31 March 2025 nor for the year onded 31 March 2024. 23
Tho Jesslé Ma Trust Notes to the Flnanclal Statements - cont for the Year Ended 31 Mar¢h 2025 STAFF COSTS Fundralslng & Publlclly Charitab16 ActivlUe8 2025 Govemance Totsl Wages and salaries Social seGurfty costs Pensions 379.082 36.202 17.489 781,940 67,927 56.085 5,061 2,652 1,217,106 109,190 105 020 432,772 934,746 63,798 1,431,316 Fundralsing & Publicity Charitabl8 Actlvlllos 2024 Governanc& Total Wages and salaries Soclal $e¢urfty co$ls Pensions 318,516 25.336 14,829 627.274 56,055 65.082 46,356 4,109 2,290 992,146 85,500 82,201 358,681 748.411 52,755 1,159,847 All the nurse8 are employed by the NHS with the Trust selecting the nurses that are on Ihe Core t8am. The NHS then rgcharge the Trust on a monthly basis for the salary Gosts of these nurses. The cost of this in 2025 was £611,974 (2024 £530,812). The average headcount of employees durlng the year was as follows: All staff - full lime & part time 2025 2024 AdminlGov6manc6 Fundraislng Care team linclLJdlng NHS nur8esl 29 38 27 The number of empbyees whose employee benefjls lexduding pènslon costs) 6xcegdod £60.OOQ was: 2025 2024 £60.001-£70,000 Key management personnèl.. the lotal amount of employeg ben6fits reeelved by key managemenl personnel is £144.414 (2024'.£191,856). 24
o Jessle Ma Trust Notes he Fina ial Statements - ¢ontlnue forth¢ Yèar Ended 31 March 2025 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestrlcted fund8 Reslrlcl8d funds Total funds INCOME AND ENDOVVMENTS FROM Donations and legacies 786,432 596,242 1,382.674 Charltable actfvttlos Provision of car8 8ervlc&s 161,512 173,082 334,594 Total 947,944 769,324 1.717268 EXPENDITURE ON Raising funds 560,180 560,180 Charltable a¢tlvltlbs Provlslon of ¢are servlces 710,737 287,745 998,482 Total 1.270,917 287.745 1,558,662 Net gainsl{Ioss88) on Invèstments INCOMEI(EXPENDITURE) 1323,180) 481,579 158,399 RECONCILIATION OF FUNDS Total funds brought fDnward 1,142,187 513,015 1.655,202 TOTAL FUNDS CARRIED FORWARD 819007 994.594 1,813,601 13. INTANGIBLE FIXED ASSETS Computer software COST Al 1 Aprll 2024 Additions 114,261 13.376 At 31 March 2025 127 637 AMORTISATION At 1 April 2024 Charg9 for year 44,320 25,527 At 31 March 2025 NET BOOK VALUE Al 31 March 2025 At 31 March 2024 69,941 25
Tho Jessig Ma Tr otes the Financi I stateme ntlnued for the Yèar Ended 31 March 2025 14. TANGIBLE FIXED Assyrs Improvements Fixtures & filtings Specialist Toys property COST At 1 April 2024 Addltlons Dlsposals 16,869 18,551 593 At 31 March 2025 16,869 18,551 593 DEPRECIATION Al 1 April 2024 Charge for year Ellmlnalod on dlsposal 16,869 18,551 593 At 31 March 2025 16,869 593 NEf BOOK VALUE At 31 March 2025 At 31 March 2024 Specialist eouipmenl Computer equipment Totals COST Ai l Aprll 2024 Addltlons Dlsposals 3,286 42,361 35,919 14.8751 81,660 35,919 14,875 Al 31 March 2025 102,704 DEPRECIATION At 1 April 2024 Charge for year Ellmlnated on dlsposal 3.286 36,259 11,017 14 8751 75,558 11,017 14 875} At 31 March 2025 3.286 NET BOOK VALUE At 31 March 2025 31.004 31,004 At 31 Mar¢h 2024 6.102
eJes a Trust Nolas to thè Flna al State 8 - contlnued forthe Year Ended 31 March 2025 15. FIXED ASSET INVESTMENTS Ll$ted Invesknents MARKEf VALUE At 1 Aprll 2024 Revaluatlons 627 322 At 31 March 2025 949 NET BOOK VALUE At 31 March 2025 At 31 Mard12024 627 Ther& wer8 no Investment assets outside the UK. Cost or valuatlon al 31 March 2025 Is represented by: List8d investments Valuation in 2025 Cost 322 627 949 Th8 Investment held by the charity FS 572 shares with B T PLC. 16. DEBTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 2025 2024 Trade debtors VAT Prepaymenls 5,175 77,411 52,245 24,012 32,001 24.302 134831 80.315 27
Th Not08 to the Flnanclal Statoments - contlnuod fortho Y&ar Ended 31 March 2025 17. CREDITORS: Amou FALLING DUE WITHIN ONE YEAR 2025 2024 Trade creditors other creditors Accruals and deferred Income 273,W3 9,122 236,737 31,412 20,379 692,131 519762 743 922 18. LEASING AGREEMENTS Minimum168se paymants undor non-cancellable operatlng leases fall due as follows: 2025 2024 Within one year Between one and five years 46.569 28,680 77,149 MOVEMENT IN FUNDS Nel movement in fund8 Al 31,325 At 1.4.24 Unre$tri¢ted funds General fund 819.007 {271,1471 547,860 Restrl¢ted funds The Edward Gostling Foundation {fomiarly ACT Foundation} Hospltal Saturday Fund - BANES Blalr Foundatlon Henriques Griffiths Solicitors Richard Davies Chaiitable Foundation Royal Clarence Lodge Bath Boules Charilable Trust MAPP Charitable Foundation ZEC Music IZML) John Lewls DCSC Capltal Grant NHS England PP 214,810 1,790 13,0001 83,965 12,8571 {300) {1,000) {10,000} 20,5CKI 1.242 17.736 2.000 214,810 1,790 3,000 977,437 2.857 300 1,000 10,000 1,061,402 20,500 1.242 17.736 2.000 994,594 324,886 1.319,480 TOTAL FUNDS 1,813601 1867,340 28
The Jossle M rust otes t ho Financlal Statemon -con tor the Year Endod 31 March 2025 19. MOVEMEMf IN FUNDS- contlnuod Net movement In fund8, included In the abovè are as follow8: Incoming resources Rasources expended Galns and losses Mov8m6nl In funds Unr9StrlGted fund$ Gènaral fund 1,345,364 (1,616,833) 322 1271,147) Restrl¢t•d funds John James Bristol Foundation The Edward Gostling FndatIOn (formerly ACT Foundation} Hospital Saturday Fund - BANES Weinslock FOurallOn Brownsword Charitabl6 Foundatlon Blalr Foundation Hènriquas Grlffilhs Solicitors Rlchard Davies Choritable Foundallon Royal Clarence Lodge Bath Boulas Charitable Trust MAPP Charltable Foundation ZEC Music (ZML) John L8WI8 DCSC Capital Grant NHS Engla1 PP TFSL Morrisons Making M8morlas 30.000 (30.0001 255,000 2,000 5,000 5,000 (40,1901 {2101 {5,000) (5,000) (3,000} {136,035) {2.857} 1300) <1,000) {10,000) (20,500) 1758) (5,2011 214,810 1,790 220,000 13,000) 83.965 {2,8571 {300) {1,000) {10,000) 20,500 1,242 17,736 2,(XJo 41,000 2,000 22,937 2,000 1,975 586.912 262 026 324 886 TOTAL FUNDS 1,932 276 1878,859 322 29
The Jessle Ma Trus Notes lo the Financial Statement¥ - forthe Year Ended 31 March 2025 19. MOVEMENT IN FUNDS- ¢ontlnued Comparatives for movement In funds Nel movement in funds At 31.324 At 1.4.23 Unrestrfcted funds General fund Unrestrlcled Deslgnated Fund 591.589 227,418 819,007 1.142,187 1323.1801 819,tK17 Rèstrfctèd funds Llllle Johnson Charltable Tru8t Mitha81 Watson Charitable Trust The Befflays Twst Alliance Family Foundalion Burges Salmon Tw81 The Rest-Harrow Trusl VWV Charltable Trust Mlchael & Anna Wlx Trust Blalr Foundatlon Slr James Roll Trust Honriques Grifffths Sollcltors Rlchard Davle8 Charitable Foundation Penelcpe Glucksleln Trust Gordon Family Charitable Twst Alan Jenkins Slokes Memorial Tru¥1 Thomas Curtis Charitable Trust H¢)nourable ML A8tc¢s 1989 Charlty Chandris Foundation Royal Clarence Lodg¢ Bath Boules Charltable Trust MAPP Charltable Foundatlon 365 1,000 500 250 500 200 600 200 3,000 1,250 500,000 3,000 500 200 500 200 250 500 13651 11,0001 15001 12501 15001 121)01 18001 (2001 3,000 (1,250) 477,437 (143) (500) (200> (500> 1200) 1250} {5001 300 1,000 10.000 977,437 2,857 3tK) 1.000 10.OCKI 513,015 481,579 994,594 TOTAL FUNDS 1655 202 158,399 1.813,601
e J0581e Ma Trus Notes to Fina ial Statements - co for the Yoar Ended 31 March 2025 Inued 19. MOVEMENT IN FUNDS . continued Comp8ratfve nét movement in funds, included In the above are as follows.. Incomlng resources Rg6ourc88 gxpended Gain8 and losse8 Movement In funds Unrestricted funds General fund Unrestri¢ted Designated Fund 947,944 (720.3191 550,5981 {207) 227,418 550,598} Restricted funds Department of Hgallh John James Bristol Foundation The Bally Thomas Charitabl@ Fund Welnsto¢k Foundation Llllle Johnson Charilable Trust Mlchael Watson Charitable Trust The Bornays Trust Alllance Family Foundation Burges Salmon Trust The Rest-Harrow Trust VWV Charllablo Trusl Michael & Ann8 Wlx Trusl Sir James Roll Trust Henriques Griffiths Sollcltors Rlchard Davies Charitable Foundatlon Penelope Glu¢kslein TnJ8t Gordon Family Charitabl8 Trust Alan Jenkins Stokes Memorial Trust Thomas Curtis Charilablg Trust Honourable ML Astor's 1969 Charity Chandrls Foundatlon Hollyhock Charitable Foundation Christadelphaln Samarltan Fund Royal Clarence Lodge Bath Boules Charllable Trust Ardwi¢k Trust MAPP Charitable Foundatlon 947,944 {1,270,9171 (207) (323.1801 173,082 25,000 4,242 5.000 1173,082) 125,000} {4,2421 (5.000) (365) 11,000) 15001 12501 {500) (200) {600) (200) 11,250} 122,563) (143) (50Q) 12001 15001 {2001 (250) {500) {50,000) (500} (365) {1,000} {500) (250) 15001 {2001 {600) (200) 11,2501 477.437 1143) {500) (200) {500) (200) 12501 {500) 500,000 50,000 500 300 1.000 200 10.000 300 1.000 (200) 769,324 287,745 481,579 TOTAL FUNDS 158399 February Foundation - restricted to dellvery of hospice at home Sn Swlndon and Willshlrè. Anonymous - restricted to palllative care lo support lemiinaily111 Chlklren and their familles. Th6 Toy Trust - restricted to Serve delivery. John James Bristol Foundation - rèstricted to costs in Bristol. Brownsword Charilable Foundallon - restricted to nurse salaTles In BANES. The J8m¢s Tudor Foundation- restrfcted to speciallst Ghildwi's palllatlvg care nurse. Kenlown Wlzard Foundation - restricted to nurse salarfes, Department of Health restricted to thè operallng cos15 of the chlldren's hospice In the delivery of cllni¢al p811iativo care lo chiklr8n and young peopla. Henriques Griffiths Sollcitors restriclad to th& pmvlslon of care for oncology children. Designaled Funds: £550,598 has beèn deslgnated towards investm8nt in future fundraising and Increaslng care provision. 31
The Je8$ Tr Not the Financial Stat s - contlnu•d for the Year Ended 31 March 2025 20. RELATED PARTY DISCLOSURES The Trust has ¢onsldered the dlsclosure requirements of the Statement of Recommended Practic8 for cha116$ and of FRS 102 arKI belleves Ihat the followlng relatetl party transaction requires disdosuTe.' Tom Selman was a Trustee of Tha Je88ie May Trust and a director of Panoramic Assoclales. Durfng Ihe year Panoramlc Assoclal&s provlded recwitmgnl services with a value of £Nil12024 - £6.0001. 21. POST BALANCE SHEET EVENTS In Mar¢h 2026, Ihe trustees agreed to merge the charlly wlth a largar organisatlon with similar charitable purposes by way of a change of ¢ontrol agreement. The meTrJer wlll $66 th6 larger charity become the sole 'corporate membeff of the Jessie May Trust, OP8railng as a par8nl charitable company offering support and overslght. 22. ULTIMATE coTrmioLLING PARTY The Trusl Is ¢urronlty (x)ntrolled by the Board of Tru8tee8. Effeclive 1 April, control wlll pass to Chlldren's Hospl¢e South West as the parent charitable company. 32