TLC Appeal Essex AGM Meeting Thursday 7[th] March 2024 - 7.00PM Via TEAMS
Agenda
1) Welcome and apologies for absence:
| Committee Membership | ||
|---|---|---|
| Paul Reeves(PGR) | Chairman | Present |
| Neil Beverley (NB) | Trustee | Present |
| John Bond(JB) | Trustee | Present |
| Joe Curtis(JC) | Trustee & RepCoordinator | Present |
| Paul King (PK) | Trustee | Present |
| Mark Harrison(MH) | Trustee & Committee Secretary | Present |
| Ian Watson(IW) | Treasurer | Present |
| Graham Lucas(GL) | Committee Member(Media) | Apologies |
| TerryThurley (TT) | Committee Member | Apologies |
| Paul Williams(PW) | Committee Member(Media) | Present |
| Lee Zetter(LZ) | Web Site and CharityAdvisor | Apologies |
2) Review and Approval of 2023 Accounts
The accounts were presented by the treasurer and the accounts are in a healthy position and recovered after the covid period. The questions were answered in good detail. As such John Bond proposed and Joe Curtis seconded the account be adopted as a true record and the remaining trustees agreed with the proposal. Action: The secretary will upload the details to the Charity Commission.
TEDDIES FOR LOVINC CARE REGisfERED CHARrrY NO. 1087765 FINANC)ALSTATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2033 Pag¢ l of10
TEDDs FOR LOVANG CARK KNDEX TO THE FINANCIAL sTATEms Pa8rf5) L¢8al eJ)d admlnisirn¢iY¢ inforniation Rcwjrt of thc trSte¢S 4&5 Reyjrt of the eX]n¢T ststemtnt of finsnci8] actiwti Jwonrx she¢t Nows forniing port of the financial staiemertts 9&1Q Page 2 of 10
TEDDIES FOR LOVING CARE LEGAL AND ADMINISTRATIVE JNFORMATION L£gat 5tsbJ5: An wiincotyordieAl#nd r¢gi3tu¢d th*ity R¢si$¢eMI chwity numb¢r.' 1¢)87765 Tnree8, PGReev M O H2rri8on B N Bcvcriey PJKing JRBond J W CurtiJ- Ap[x)inl 0sioir2023 R¢ster¢d & mInI$ltIve P[ovI Grand Lodge ofEs3¢x 2 Statiott Ctsurt sl0n AppToa¢h Wiektord SSI17AT TtHlependent &xBmitLCr: WAtson & Co 204C Iligh Str¢et CMS 9JJ Ilankcrs.. Lloyds Bank Ple 77 High Street &)uthertd on Sca SSI IHT Page 3 of 10
TEDDtES FOR LOVING CARE R£PORT OF THE TRUSTEES Th¢ truste&8 pres¢ni th¢ir report tog¢thcr with the financi $eMcntsOr ik charity for the year ended 5 Scptcmber 2023. lljc firn¢1 swements have been PT¢PBr¢d in 8ccordwK¢ with the aCc4)ling ]x)Iicics set On PJ8¢ 7 ond o)mply with the chariii¢5 trust dccd and applic4bl¢ low. Constltutloo #lld objttts T¢ddic5 for IDvin8 Care WLS foTmcd a verbal tnLSt on the llll of Oaobcr 2000 aThl conmiwted by a fo1 charitsbltt ¢Nst deed on th¢ 19 F¢bnMry 2(KJI. Thc tsUSL was rc8iStered &s a charity by the Chjrity Collkntii55ion on 30 july 2(yll. Trtruste¢s of theckniiy during the rKriodMvercdby these fmaocial Statem 8re sctouton l. New trusices have their Icgal obligations der thBrity law expl&illcd to thcm and or¢ PT0vid with a copy of th¢ 8ov¢ming documcnt 8ttd illtyodllttd to thcir fdlow tru¢&. All art rDcoura8ed to atiend appropriate CXtern trainillg cvents wh¢ thEsewill facilitsl¢ th¢ UndErkin40f their role. Devolopm¢nt ind or#•ab•tlon of th• ¢harlty The chariiy L¥Jmmencd its tIvItIeS following wtth ui¢id¢nt and ¢merycw unh& A vi%it to hu¥pltsi Can Ee extrcmely di$¢rtS5in fur a youn8 child ld often. rh dlstr¢ss cxtelS to thÈlr parents or 8U8Tdians. In many t4se8 off¢rin8 tlie 4)propri41¢ tr¢aim¢n( is dirrLLul¢ thic io thc thild'j di5tyN. Th¢ simple Ideo of cnabllng accidcnt and erner8¢n¢y unlt staff LO improve the quality of th¢ir core and fri¢ndlin&i of th¢ir cnvironmonl by b¢m8 able to orreT 5CVUtly disLr¢sscd children a Sotl ldY bcar or other euddty loy w&scDdorsed by those deailng with lho sovcrely dl8lTesj ohildren and th¢ir pgr¢nts or 8uardian5. Tk cbarltlts a¢tiviti¢s begort lll the k8innin8 of OOber 2000 wtth (he objtt¢ivc of rwBin8 funds fT¢Mn Freemw in E55cx in order lo provide ¥L 5Utrici¢nt number oft&Jdy t8rs oiher euddly toys or, oiher equipmcnt to hospÈlals scrving the Province of FAS¢X. 1Thc truskes forni¢d a fjjthising #nd bospitsl liaison wmmiit¢¢ from Essex Fre¥90 Fundrw8iD8 pro891 so well thBt th¢ clwriiy abl£ to lach thc tcddy bcar5 A & b Units a¢r053 E55ex in th¢ wly partof March 2001. Sit¢ that launch, &tiviiieJ have bttn trplicated into many othcr BTc85 in En8]and lad overse. wtth a¢tivitie5 in uomc bcin8 operwoj by locaj Volunt 8roups, and these will wniinu¢ develop in 2023124. Arowid 14,000 children haye hwd thc stress ot visitin8 A & L Units and rwcivin8 tr¢Htm¢nl relieva by rtteivin¥ 4 "Tuldi¢s forlxjving Car¢" teddy bear, which ¢h¢y k¢q) followlng Ih¢iT Visii to hospiial. The rwttion thls simplc Irorn Ihe r¢¢ipicnts. thcir parents and guardians. th¢ Mellify st#ff &t hospitals, pnd anyone who h•s experi¢n¢¢d the fear of a thild ut gn aKid¢ni and ¢m¢r8¢ncy unii is noihing but prBlse for this simple Imrt appropria way of relievin8 disrr¢ss and sufferin Th¢ Inwt¥•a WC•uld liko th thanlr oll oftho Yolutb¢wu whLTr hpvo h¢ld th¢ opp¥pl thBIT gnbn in th¢trown lim¢ Bnd wth¢lrown expeD5e hayc cnsured that th¢ ohurlty waj Su#35L We wotstd 0180 ilkn to thank 911 of th¢ hospt¢tls Irtvolv tr th¢ir CO•OF¢rntion thc wmpltments thry bavc g1Vrn u M05t Im[rtant of ou. thctrJstees would lik¢ thank allof those wbo h8veihnÈt¢d the fw Page4of 10
TEDDIFS FOR Lovif4G CARE REPORT OF THE TRUSTEES FinnciAI revS¢w inve5tmeDtPDIIty Th¢ $tstcmcnt of financial activitics ftsrtbcyeat SIKSWS io¢oming rc8ourcts (o J$1 ovtr£21,000 morc than thc previous yew. Durillg this accoiinting perithl th¢ tr%1 able kn undutskc JnediD8 thtrcftsrt the fiJThq- raisiD8 aciiviiies eould rcsume w pre Covid 19 levc15. Thc knee5 coniinue to the gcncr05ity of fir¢mrnthTough ihe Corona virus crisi> Of this inTr and cxi8tingr¢s¢TVf5, a]m05t £30,996 was utilisvj in pllb1ng ddies for Lty¢ by A & E Uai No exp¢nxs were intyjned in the nmning or m8n88ernerf of the charity. Ill of thrsc costs 1n8 borne by the trUstS or the memb¢rs of the commitlee personally in addition to WoltterlS A siwif1¢ pelt of th¢tr rne. For that cffort, th¢ irusi¢¢s arc cxirernely Braful. At the end of ihe yeartherc ts a lithd bal8nee of£77,221 which will used for tho PUTchw of filrthcr 30ft toys 8rd other itcms to hley¥thC objects of the charity in lh¢ futu Thls balanee of fimd8 will enable the chaTRty to continue its 8Ctivity for altDOSt a further 2 ye•rs 8ll¢r the end of thc rUJBnCi period to 30th September 2023. Th¢ tsust5 Wish th¢ ¢harily to continuc its &ctiviii<8 the $8m6 Icvd for SigD[fiLt]Y lorjgff pcriod of time ndthtfor¢ enwurn8call Freem&wns to r4)utinu¢ to dollatc to appe41. Rwervu polity Th¢ trustees hawe consid¢rcd ihelr pollw on reserves for thc chodty. Th¢ charlty'5 Incomc i5 dcpendent upon donaiioTh$ from l."rcemasons. Dongtion¥. by will fluc¢uai¢. In ord¢r io ¢sre that th¢ chariiies 8¥iivitiC5 8 not atl¢c¢ed by ony fluenltstion in donations thc ttustces have de¢id¢d to mainlain a level ofr&%erve$ equivcn¢ appwximatcly hyo years ¢xp¢nditurr on cbarltablc llctlvltie& In ¢urrrM i¢nns thls wotsld Smount 10 gpproximoteiy £62.(¥XI bg3cd on reeent hi510ry. Thc Clrrent reserv<&of thc Clwity are 2S% over level. Rtsk m*DAgtm¢nt The trustrc5 have examirwl and Gon5idcTrd th¢ major Strawc gtjd opera081 risks thaL the tharity f#w. aT¢ ensuTt that all items d)n8ied via ho$piiBJ A & E Units med curTetLi regulatory and Safety 5tandard8. In VI of the fact ih¥l th¢ ¢lJ8rlty ts entirely dependent upon the uyststancc of Yolunieer& (rusiees continu¢ to T¢wIi new voluntccrs in OTd¢r emure a continuou5 tlow is avwlablr io tnaitthn thc Actiyilies ofihe chily. These ri$k$ OT¢ r¢vl¢wed regularly by the tru¥l¢¢5 in ordv that any $t¢ps xec•sory ty bp tthn thk¢n In adequa lime. On behrOr0 Dat&J.. 7 klAQQ• 202+, P48¢ 5 of 10
TEDDIES FOR IA)VING CARE INDEPENDENT EXAMDIER'S REPORT TO THE TRUSTUS OF TEDDIES FOR LOVING CARE TRUST I rcport on the aCfOW]ts of the tr$t fi)r year ¢nd>J 30 Sepkmbtt 2023. which are set OUÉ on paEe 5t07. RtspÈttive r&qtMinslbililies of trllslee5 ADd ¢uwin¢r The charifv-s trusiees arc res5X>rtsible for the preparation of the urcounts. Ibe charity's tnLgtees considcr tb2t an alit 1$ not rcquired for this year seaion 14412) of the Choritics Aci 2011 (the 2011 Acr) and th&l an intkpctvJeDt exaMI&tion is n¢¢>Jrd. It my resp)nsibility to: {1) examine th¢ accounts undcr seaiun 145 ofthe 2011 Act- (li) to follow the procedures Iiid down in ¥cneral Direciions 8iven by the Charity Commisslon und¢r scction 145(5Xbl of the 2011 kn. and (iii) 10 Sthlc whwher particular mati¢r5 have com¢to my &Thl10n. B*sis of Independent ¢x•mkner'$ rtport My cx2minÈtion was carricd in a¢cA)rdanc< with th¢ g¢fi1 Directions given by the Charity CoDmliSSIOTI. Au ¢¥aminalion includes a teW of thc cOUntIng rtc4)r(Li kept by the chortty and a wrnpsr1n of the accounts prc5Cnted with tlN)8e T¢rtsrd% It also incldeS ¢ottsid¥ration ofany Unusu iieiD5 or di%closur¢5 iu the accouJ)ts and seekin8 explan81ions [rn you &y tru5t#5 concerning such mgttcrs. The proccdutes undcrtBkcn do noi provide
ll the evid¢D¢e would k requiTed in an audii and conwumily no opinioo is Biyen as to wther the
prrsent a'true #nd fair vlew, and th¢ T¢rt Is limlted to those tnattcrs sel oul in thc nexl slgiment. IAdep¢Dd•#t exAmlm•r'$ slat¢zntnt Your &ttention 1.8 drawTr w Ihe fact that th¢ charity ha5 PTepAred oetounts iti Èceordan¢¢ with Accountin8 Ot)d rerxJnin8 by Chtriliu preparin8 thcir accounts in awthnce with th¢ l itwtclaj ReporriDI Sthndhrd applicable in th¢ UK and Rcpublic of Ireland {fRS 102), in prefer¢n w th¢ A¢c4)Uniin8 llnd R¢FY)rting by ChariLi¢s: Stskment of Reeornmcnded PTudice issucd on l April 2005 whith is r¢f¢rrcd h) in th¢ regulwioDS but has now b withdrnwn. l undcrstand thot tkn5 h&s been done In OTd¢r for thc 8£ts to providc a trne artd fair vicw in e0rd8cE wtth Generally Accepted Accoltio8 PrdCttc¢ ¢irtivc for renI¥ p¢rio(L% b¢ginning on or after l Janu8ry 2015. In ty)nDc¢rfon with my ex8mlDBtio no othrr mBtter exceN thllt referred to ID the previous wa8r8ph hts com¢ my 8ti¢Trtion: la) which 8ives mc rcwnablr rw5C to belÉ¢v¢ #ny mat¢ri8] re$p#i th¢ requirements: (i) 10 k¢¢p aco)untin8 records in a¢¢ordRnce with $tion 130 ofthc 2011 Aci: und (li) io prrkwe aeo)unls whS¢h wlth the 8¢wunting rttord5 and comply wlth the ac¢ounlin8 rcquiremLYts ol'th¢2011 Ac4 havc rA)i been mcr or (bl lo which. in my oplnlon, dL¢ntlon should be dmwtt In order ertable # pr¢)p¢r underxthTKtin8 of the a¢eounts to be re4¢h¢ Watson & Co 204C 14igh Strect E55CX CM5 9JJ Page6orio
TEDDIES FOR LOVING CARE STATEMENf OF FINAJYCIAL ACTIVITtES INCLUDINC INCOME AND EXPENDITURE ACCOUNT FOR THE YBAR ENDED30 SEPTEMBER 2023 2023 2022 Unr¢stricTed Funds Fd5 IA¢om¢ from: Don105 and 8ifts Tot•1 l#¢ome 37.057 37,057 15.070 15.070 Expendtture oa: CbAritsble 4ettvitiu: Purdweof ieddiG4 and Similw ilans 30.997 30,997 6.060 25,449 25.449 Totsl wourtes eApend¢d Nel ille0m(expld1tsre) for th• y•Ar (IOJ79) Fund balanc< brou8ht forward Fund ba]anee wried forward 71.161 77 Rl,540 Th¢ s¢11¢[nl of finanaaE a1¥115¢8 lts¢ludes all g¥ins and1055es r¢cogniwJ in the y¢Br, All tnc4)mc cKperMliiur¢ tkriY¢ frotD contÈouin8 activiti Page 7of 10
TEDDIES FORLOV1Tr4C CARE BALANCE SHErf AS AT30 SEPTEMBER 2023 2023 2022 UllrestriGlcd Unrestricted Fullds F% 79J23 79J23 74,696 74,696 CrJitorJ: AmoJntsfllixg dtyt wlthln one yeAr Itetr15forA & E wJits& Promotionaj (2,102) (3,535} Net turr•nt n•t ¥g¢ts 71.161 Fu•di AprKovgJbyth¢trus*uon ................... .. and SiBned on its by: P2ge 8 of 10
TEDDIES FOR U)VING CARE NOTFS TO THE FINANCIAL STATEMENfS FOR THE YEAR ENDED JO SRPTEMBER2023 1.1. Charity infornmtion TeJJdi¢s forL¥Jvlng Ctr¢ u wn5titut¢d by a formal chorithblc t deedon the 19 F¢bn]w 2001. 12 A¢UtIn8C0rt¥elll1on The accounts ht bern ppcd an accordance th th¢ Chttrftlcs Act 2011 and "A¢countiD8 ond Repofling by ClrÈtic& Stement of KccottrtetIded Prncttce applic4blc to charities J)repwing thcir accounts in XCOTd2nce with thc Financi Rcponing Standard applicablc in thc UK 2nd Republic of Ireland {FRS 102)" (8$ aTnended for ccouniinx pcriods commencing from l Jplluary 20161 The ch&rity is & Public Bet)efil Eniily as defined by FRS 102. ¢h&rity has thkcn Iva&e of th¢ proYisÈoDS in th¢ SORP for ¢haritieg applying FRS 102 Upd¢ Bull¢iin l t ¢0 pr¢pllre 8 8iat¢m¢nt of Cash Flows. 'rk accoun havr dcpBrtcd Irom lh¢ Choriti¢s (Accounts and Report5) R¢gullNS 2008 only ¢0 the ¢Kl¢nt rquired to provide o ITh and tair view. This d¢parturc ha5 Involvd followin¥ th¢ Si8temenL of li¢wmm¢nd¢,d Prarfice for cboriuej applyin8 1."RS 102 rather ihan Ihc version of thc sta¢tni of Recommendèj PracLitt which b r¢(¢rr¢d to in thc Regulaiiony ixji whlch h&8 sinee been withdrawn. Thc account$ ar¢ PT¢parcd in sterlin& whi¢h 1$ th¢ fjJDGtknal currency ofthe cherfty. Monetsry &mow)ts in th¢s¢ fjn8nciat sthtrments arc Tounded to thenreSt £. The aOUnts bav¢ b¢¢n p1W UTth thc hi5tOTiooI cosr nvtiOn. Thc principt accounting p)li¢i¢s adoptcd ar¢ Jctout klow. 1.3 Going con¢un At the ¢im¢ of opproving th¢ ¢oU1% th¢ 1¢¢3 have arnb]C tM10n ihoL the Charity hB5 4dEqu8te r¢soueS to wniinu¢ Jn operational ¢XIst¢¢ for the furseeable rule. "Ihub. the thteS conlirbU¢ w thipt th¢ 8oln8 wn¢ern b85is ofaccountin8 in pr¢paTin8 thc acajunts. 1.4 Clwltsble fvn Unrrstrictcd fimds or¢ avuiEEbl¢ for usc at th¢ discrdion of the In fiwther8n¢¢ of their ClUble obj1ve$ Iw the fiLtKi8 dcJigLDtcd forothcr purpJse& 1.5 Inme Donation3 and wfts are inolttded in the fEnttncia] st&enty wh¢D rc¢¢ivabl& 1.6 ExF¢ndlttwe ReurC exp¢ndcd 8re aeeounted for on amal's buij inelbdin8 Èrrecovcr8blc Value Added and includ¢d exp¢nditurc where ther¢ is 8 constructive or legal obligation lo w. Ch8ritable exptndiLuTe compri¥tts expcDSCS incurffd on the defined ch8rir2bl¢ of the IriDtiOn. Each Qlegory irKlud¢xl dIrC expense& The ChaNLy h¥5 ty) 5ff. iupm or8overn&)ce costs. 1.7 w)d C&sh end wh ¢quivQnts Include In han¢1 deposits held gt call with b4nk& other $l-1¢mI liqiiid invcsttDcnts with oriBinal m8turili¢J of months orless and bank overdrafts. 1.8 Flnandal Ins1rum1¥ The Charity h&8 elccied to opply the provisio of I I 'BLYiC FiDancial [nSmeThlq, and Se¢ilon 12 '0th¢r Fhnancial In9¢TUJJJQ]ts 155UCS' Ot FRS 102 to all ofits financi81 imtrumtots. Financial InstruCts rcLY)gnJd inthe ¢lty. ba18nc¢ sheet whED thr be¢om&8 tty tr¥ thé contr8ay81 pft)vision5 ofthe inStrUmCnL Financial &33¢ts 4tJd liHbiiittrs atr off5¢4 with the net #mowts pr&4cnted ID the finftnci3] swements. when there is I[Y enlor¢¢llbl¢ rigbi to set off the recognised 8m¢xml8 and is intention to settle on & net kni$ or lo ise the 85KI and 5cttle the liability simultanwLL51y. Page 9 of 10
TEDDIES FOR LOVINC CA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEwfEMBER 2023 Aecountitti policiE5 IcoNtinued) 1.8 WiDancÈal Irtn1ments (cortlinued) B8Stc fJn8TLcaal B&8ic flnanciai H55Ct& which include debtors and ¢&8h alld illk balantt4 ar¢ initially mCaTed at tra[actIOn pric¢ induditig irans&iion costs pd Sre sllbsequenily ¢orTied at amortised COSL usiiig th¢ cffcctivc iDtCTest method unless th¢ arraugcment wnsiti< a lknan¢Sng trattwtlon. wher¢ th¢ transaction 1% msUred at the PrC vale of the fviw¢ re¢eipts dlsc•unknl a market Tat¢ of I¢re$L Flnancial osy¢ts ¢l&sfied reLeivable within on¥ y¢or are Basi¢ financial liabilili¢s B&sie financiaI liabiliiies IudIng Crcdtto and bank lo 8T¢ initia]ly regniSed * trayjsadion pric¢ ut)l¢ss th¢ BfT8n8emeni constitu1&8 & fin¥nciD8 trllns•ction, where the dcbt itLStn]ment is me8surcd Bt thc prcsent vajue of the futur¢ payrucnrs dis¢ouo¢¢d r4maTket Tate of iDlcTcs1. fin8llciBt li&biliti&s tl&88ified pfrbIe within oneyear are TLOt ortised. D¢bt ik8¢ruments art subs4uent]y c8rriol &fftnortiacd cos¢ wingthe effeAiYc intrrcst ratc mctb)d. TrnJ¢ crvjiiors 8Ye obli8Htions to pHy for goods or serviccs h&ve been acquircd in thc ordinary cours¢ of optsatioL4 from suppliers. Attlounts payable are ClSIfIed WTT¢llt liabilitie5 ifp8ymrnt is within one ye4r or Icss. Ifnoi. they are Pr¢¢ntcd rLS non4urren¢ liabilitir& I'radc crcditOTS are r¢w8niJcd initia]ly at transaction •nd subsequenily m¢ysured at amortid wsi using ih¢¢ff¢¢tiv¢ int¢r¢stmetho Derecognilion of J]nan¢l liabiliiles ring1 liahililies dcr¢¢o8nis¢d when the charity'¥ contrucl obliB41ion$ expirr or gre dlichar8ed or 2 Critkal i¢to#llting eatlmteX And Jlldgemeknts ID the 8pplIcltsn of th¢ thrity's accounuDg poli¢5e& thc trustccs arc required 10 mllkc judgcmujts. cstÈtnates and assumptions ab)ut thc Lwnying amounl ofass¢ts alld liobiiitie5 are nol Tetdiiy oppDr¢ni f(om other sow¢eA. The 8timat&8 and ori8d assumptions are on his1ori rxpcriEnce and other fackns that &T¢ cotsyidcrd w be Yel¢vanL Actual resultsmay difftr from these estimaks. Thr cstimates ond undLYlying mlon$ are r¢vi¢wed on an ongolng b&%1$. Revi¥ivn5 to awouniing estimaiu we recognised in ihc pcriod in whÉch ihe esiimo is revi¥ whcrc the revision aff1$ only pcriod. or in the period of the revl$ion fiJtsw¢ p¢rtodN whefe Ihe revision uff¢ct5 both curreni and fuluTe PLriods. 3 Stsif¢oth *d truste¢s rmuDerAtIo• Thc charity did not thptoy any staff dwing the yetr and r&J InL#¢¢ rccclved any reMUrr10fft ond werc not rcimburxd fw any of thEir expenses iu thcyear. Page 10 of10
TEDDIES FOR LOVINC CARE REGisfERED CHARrrY NO. 1087765 FINANC)ALSTATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2033 Pag¢ l of10
TEDDs FOR LOVANG CARK KNDEX TO THE FINANCIAL sTATEms Pa8rf5) L¢8al eJ)d admlnisirn¢iY¢ inforniation Rcwjrt of thc trSte¢S 4&5 Reyjrt of the eX]n¢T ststemtnt of finsnci8] actiwti Jwonrx she¢t Nows forniing port of the financial staiemertts 9&1Q Page 2 of 10
TEDDIES FOR LOVING CARE LEGAL AND ADMINISTRATIVE JNFORMATION L£gat 5tsbJ5: An wiincotyordieAl#nd r¢gi3tu¢d th*ity R¢si$¢eMI chwity numb¢r.' 1¢)87765 Tnree8, PGReev M O H2rri8on B N Bcvcriey PJKing JRBond J W CurtiJ- Ap[x)inl 0sioir2023 R¢ster¢d & mInI$ltIve P[ovI Grand Lodge ofEs3¢x 2 Statiott Ctsurt sl0n AppToa¢h Wiektord SSI17AT TtHlependent &xBmitLCr: WAtson & Co 204C Iligh Str¢et CMS 9JJ Ilankcrs.. Lloyds Bank Ple 77 High Street &)uthertd on Sca SSI IHT Page 3 of 10
TEDDtES FOR LOVING CARE R£PORT OF THE TRUSTEES Th¢ truste&8 pres¢ni th¢ir report tog¢thcr with the financi $eMcntsOr ik charity for the year ended 5 Scptcmber 2023. lljc firn¢1 swements have been PT¢PBr¢d in 8ccordwK¢ with the aCc4)ling ]x)Iicics set On PJ8¢ 7 ond o)mply with the chariii¢5 trust dccd and applic4bl¢ low. Constltutloo #lld objttts T¢ddic5 for IDvin8 Care WLS foTmcd a verbal tnLSt on the llll of Oaobcr 2000 aThl conmiwted by a fo1 charitsbltt ¢Nst deed on th¢ 19 F¢bnMry 2(KJI. Thc tsUSL was rc8iStered &s a charity by the Chjrity Collkntii55ion on 30 july 2(yll. Trtruste¢s of theckniiy during the rKriodMvercdby these fmaocial Statem 8re sctouton l. New trusices have their Icgal obligations der thBrity law expl&illcd to thcm and or¢ PT0vid with a copy of th¢ 8ov¢ming documcnt 8ttd illtyodllttd to thcir fdlow tru¢&. All art rDcoura8ed to atiend appropriate CXtern trainillg cvents wh¢ thEsewill facilitsl¢ th¢ UndErkin40f their role. Devolopm¢nt ind or#•ab•tlon of th• ¢harlty The chariiy L¥Jmmencd its tIvItIeS following wtth ui¢id¢nt and ¢merycw unh& A vi%it to hu¥pltsi Can Ee extrcmely di$¢rtS5in fur a youn8 child ld often. rh dlstr¢ss cxtelS to thÈlr parents or 8U8Tdians. In many t4se8 off¢rin8 tlie 4)propri41¢ tr¢aim¢n( is dirrLLul¢ thic io thc thild'j di5tyN. Th¢ simple Ideo of cnabllng accidcnt and erner8¢n¢y unlt staff LO improve the quality of th¢ir core and fri¢ndlin&i of th¢ir cnvironmonl by b¢m8 able to orreT 5CVUtly disLr¢sscd children a Sotl ldY bcar or other euddty loy w&scDdorsed by those deailng with lho sovcrely dl8lTesj ohildren and th¢ir pgr¢nts or 8uardian5. Tk cbarltlts a¢tiviti¢s begort lll the k8innin8 of OOber 2000 wtth (he objtt¢ivc of rwBin8 funds fT¢Mn Freemw in E55cx in order lo provide ¥L 5Utrici¢nt number oft&Jdy t8rs oiher euddly toys or, oiher equipmcnt to hospÈlals scrving the Province of FAS¢X. 1Thc truskes forni¢d a fjjthising #nd bospitsl liaison wmmiit¢¢ from Essex Fre¥90 Fundrw8iD8 pro891 so well thBt th¢ clwriiy abl£ to lach thc tcddy bcar5 A & b Units a¢r053 E55ex in th¢ wly partof March 2001. Sit¢ that launch, &tiviiieJ have bttn trplicated into many othcr BTc85 in En8]and lad overse. wtth a¢tivitie5 in uomc bcin8 operwoj by locaj Volunt 8roups, and these will wniinu¢ develop in 2023124. Arowid 14,000 children haye hwd thc stress ot visitin8 A & L Units and rwcivin8 tr¢Htm¢nl relieva by rtteivin¥ 4 "Tuldi¢s forlxjving Car¢" teddy bear, which ¢h¢y k¢q) followlng Ih¢iT Visii to hospiial. The rwttion thls simplc Irorn Ihe r¢¢ipicnts. thcir parents and guardians. th¢ Mellify st#ff &t hospitals, pnd anyone who h•s experi¢n¢¢d the fear of a thild ut gn aKid¢ni and ¢m¢r8¢ncy unii is noihing but prBlse for this simple Imrt appropria way of relievin8 disrr¢ss and sufferin Th¢ Inwt¥•a WC•uld liko th thanlr oll oftho Yolutb¢wu whLTr hpvo h¢ld th¢ opp¥pl thBIT gnbn in th¢trown lim¢ Bnd wth¢lrown expeD5e hayc cnsured that th¢ ohurlty waj Su#35L We wotstd 0180 ilkn to thank 911 of th¢ hospt¢tls Irtvolv tr th¢ir CO•OF¢rntion thc wmpltments thry bavc g1Vrn u M05t Im[rtant of ou. thctrJstees would lik¢ thank allof those wbo h8veihnÈt¢d the fw Page4of 10
TEDDIFS FOR Lovif4G CARE REPORT OF THE TRUSTEES FinnciAI revS¢w inve5tmeDtPDIIty Th¢ $tstcmcnt of financial activitics ftsrtbcyeat SIKSWS io¢oming rc8ourcts (o J$1 ovtr£21,000 morc than thc previous yew. Durillg this accoiinting perithl th¢ tr%1 able kn undutskc JnediD8 thtrcftsrt the fiJThq- raisiD8 aciiviiies eould rcsume w pre Covid 19 levc15. Thc knee5 coniinue to the gcncr05ity of fir¢mrnthTough ihe Corona virus crisi> Of this inTr and cxi8tingr¢s¢TVf5, a]m05t £30,996 was utilisvj in pllb1ng ddies for Lty¢ by A & E Uai No exp¢nxs were intyjned in the nmning or m8n88ernerf of the charity. Ill of thrsc costs 1n8 borne by the trUstS or the memb¢rs of the commitlee personally in addition to WoltterlS A siwif1¢ pelt of th¢tr rne. For that cffort, th¢ irusi¢¢s arc cxirernely Braful. At the end of ihe yeartherc ts a lithd bal8nee of£77,221 which will used for tho PUTchw of filrthcr 30ft toys 8rd other itcms to hley¥thC objects of the charity in lh¢ futu Thls balanee of fimd8 will enable the chaTRty to continue its 8Ctivity for altDOSt a further 2 ye•rs 8ll¢r the end of thc rUJBnCi period to 30th September 2023. Th¢ tsust5 Wish th¢ ¢harily to continuc its &ctiviii<8 the $8m6 Icvd for SigD[fiLt]Y lorjgff pcriod of time ndthtfor¢ enwurn8call Freem&wns to r4)utinu¢ to dollatc to appe41. Rwervu polity Th¢ trustees hawe consid¢rcd ihelr pollw on reserves for thc chodty. Th¢ charlty'5 Incomc i5 dcpendent upon donaiioTh$ from l."rcemasons. Dongtion¥. by will fluc¢uai¢. In ord¢r io ¢sre that th¢ chariiies 8¥iivitiC5 8 not atl¢c¢ed by ony fluenltstion in donations thc ttustces have de¢id¢d to mainlain a level ofr&%erve$ equivcn¢ appwximatcly hyo years ¢xp¢nditurr on cbarltablc llctlvltie& In ¢urrrM i¢nns thls wotsld Smount 10 gpproximoteiy £62.(¥XI bg3cd on reeent hi510ry. Thc Clrrent reserv<&of thc Clwity are 2S% over level. Rtsk m*DAgtm¢nt The trustrc5 have examirwl and Gon5idcTrd th¢ major Strawc gtjd opera081 risks thaL the tharity f#w. aT¢ ensuTt that all items d)n8ied via ho$piiBJ A & E Units med curTetLi regulatory and Safety 5tandard8. In VI of the fact ih¥l th¢ ¢lJ8rlty ts entirely dependent upon the uyststancc of Yolunieer& (rusiees continu¢ to T¢wIi new voluntccrs in OTd¢r emure a continuou5 tlow is avwlablr io tnaitthn thc Actiyilies ofihe chily. These ri$k$ OT¢ r¢vl¢wed regularly by the tru¥l¢¢5 in ordv that any $t¢ps xec•sory ty bp tthn thk¢n In adequa lime. On behrOr0 Dat&J.. 7 klAQQ• 202+, P48¢ 5 of 10
TEDDIES FOR IA)VING CARE INDEPENDENT EXAMDIER'S REPORT TO THE TRUSTUS OF TEDDIES FOR LOVING CARE TRUST I rcport on the aCfOW]ts of the tr$t fi)r year ¢nd>J 30 Sepkmbtt 2023. which are set OUÉ on paEe 5t07. RtspÈttive r&qtMinslbililies of trllslee5 ADd ¢uwin¢r The charifv-s trusiees arc res5X>rtsible for the preparation of the urcounts. Ibe charity's tnLgtees considcr tb2t an alit 1$ not rcquired for this year seaion 14412) of the Choritics Aci 2011 (the 2011 Acr) and th&l an intkpctvJeDt exaMI&tion is n¢¢>Jrd. It my resp)nsibility to: {1) examine th¢ accounts undcr seaiun 145 ofthe 2011 Act- (li) to follow the procedures Iiid down in ¥cneral Direciions 8iven by the Charity Commisslon und¢r scction 145(5Xbl of the 2011 kn. and (iii) 10 Sthlc whwher particular mati¢r5 have com¢to my &Thl10n. B*sis of Independent ¢x•mkner'$ rtport My cx2minÈtion was carricd in a¢cA)rdanc< with th¢ g¢fi1 Directions given by the Charity CoDmliSSIOTI. Au ¢¥aminalion includes a teW of thc cOUntIng rtc4)r(Li kept by the chortty and a wrnpsr1n of the accounts prc5Cnted with tlN)8e T¢rtsrd% It also incldeS ¢ottsid¥ration ofany Unusu iieiD5 or di%closur¢5 iu the accouJ)ts and seekin8 explan81ions [rn you &y tru5t#5 concerning such mgttcrs. The proccdutes undcrtBkcn do noi provide
ll the evid¢D¢e would k requiTed in an audii and conwumily no opinioo is Biyen as to wther the
prrsent a'true #nd fair vlew, and th¢ T¢rt Is limlted to those tnattcrs sel oul in thc nexl slgiment. IAdep¢Dd•#t exAmlm•r'$ slat¢zntnt Your &ttention 1.8 drawTr w Ihe fact that th¢ charity ha5 PTepAred oetounts iti Èceordan¢¢ with Accountin8 Ot)d rerxJnin8 by Chtriliu preparin8 thcir accounts in awthnce with th¢ l itwtclaj ReporriDI Sthndhrd applicable in th¢ UK and Rcpublic of Ireland {fRS 102), in prefer¢n w th¢ A¢c4)Uniin8 llnd R¢FY)rting by ChariLi¢s: Stskment of Reeornmcnded PTudice issucd on l April 2005 whith is r¢f¢rrcd h) in th¢ regulwioDS but has now b withdrnwn. l undcrstand thot tkn5 h&s been done In OTd¢r for thc 8£ts to providc a trne artd fair vicw in e0rd8cE wtth Generally Accepted Accoltio8 PrdCttc¢ ¢irtivc for renI¥ p¢rio(L% b¢ginning on or after l Janu8ry 2015. In ty)nDc¢rfon with my ex8mlDBtio no othrr mBtter exceN thllt referred to ID the previous wa8r8ph hts com¢ my 8ti¢Trtion: la) which 8ives mc rcwnablr rw5C to belÉ¢v¢ #ny mat¢ri8] re$p#i th¢ requirements: (i) 10 k¢¢p aco)untin8 records in a¢¢ordRnce with $tion 130 ofthc 2011 Aci: und (li) io prrkwe aeo)unls whS¢h wlth the 8¢wunting rttord5 and comply wlth the ac¢ounlin8 rcquiremLYts ol'th¢2011 Ac4 havc rA)i been mcr or (bl lo which. in my oplnlon, dL¢ntlon should be dmwtt In order ertable # pr¢)p¢r underxthTKtin8 of the a¢eounts to be re4¢h¢ Watson & Co 204C 14igh Strect E55CX CM5 9JJ Page6orio
TEDDIES FOR LOVING CARE STATEMENf OF FINAJYCIAL ACTIVITtES INCLUDINC INCOME AND EXPENDITURE ACCOUNT FOR THE YBAR ENDED30 SEPTEMBER 2023 2023 2022 Unr¢stricTed Funds Fd5 IA¢om¢ from: Don105 and 8ifts Tot•1 l#¢ome 37.057 37,057 15.070 15.070 Expendtture oa: CbAritsble 4ettvitiu: Purdweof ieddiG4 and Similw ilans 30.997 30,997 6.060 25,449 25.449 Totsl wourtes eApend¢d Nel ille0m(expld1tsre) for th• y•Ar (IOJ79) Fund balanc< brou8ht forward Fund ba]anee wried forward 71.161 77 Rl,540 Th¢ s¢11¢[nl of finanaaE a1¥115¢8 lts¢ludes all g¥ins and1055es r¢cogniwJ in the y¢Br, All tnc4)mc cKperMliiur¢ tkriY¢ frotD contÈouin8 activiti Page 7of 10
TEDDIES FORLOV1Tr4C CARE BALANCE SHErf AS AT30 SEPTEMBER 2023 2023 2022 UllrestriGlcd Unrestricted Fullds F% 79J23 79J23 74,696 74,696 CrJitorJ: AmoJntsfllixg dtyt wlthln one yeAr Itetr15forA & E wJits& Promotionaj (2,102) (3,535} Net turr•nt n•t ¥g¢ts 71.161 Fu•di AprKovgJbyth¢trus*uon ................... .. and SiBned on its by: P2ge 8 of 10
TEDDIES FOR U)VING CARE NOTFS TO THE FINANCIAL STATEMENfS FOR THE YEAR ENDED JO SRPTEMBER2023 1.1. Charity infornmtion TeJJdi¢s forL¥Jvlng Ctr¢ u wn5titut¢d by a formal chorithblc t deedon the 19 F¢bn]w 2001. 12 A¢UtIn8C0rt¥elll1on The accounts ht bern ppcd an accordance th th¢ Chttrftlcs Act 2011 and "A¢countiD8 ond Repofling by ClrÈtic& Stement of KccottrtetIded Prncttce applic4blc to charities J)repwing thcir accounts in XCOTd2nce with thc Financi Rcponing Standard applicablc in thc UK 2nd Republic of Ireland {FRS 102)" (8$ aTnended for ccouniinx pcriods commencing from l Jplluary 20161 The ch&rity is & Public Bet)efil Eniily as defined by FRS 102. ¢h&rity has thkcn Iva&e of th¢ proYisÈoDS in th¢ SORP for ¢haritieg applying FRS 102 Upd¢ Bull¢iin l t ¢0 pr¢pllre 8 8iat¢m¢nt of Cash Flows. 'rk accoun havr dcpBrtcd Irom lh¢ Choriti¢s (Accounts and Report5) R¢gullNS 2008 only ¢0 the ¢Kl¢nt rquired to provide o ITh and tair view. This d¢parturc ha5 Involvd followin¥ th¢ Si8temenL of li¢wmm¢nd¢,d Prarfice for cboriuej applyin8 1."RS 102 rather ihan Ihc version of thc sta¢tni of Recommendèj PracLitt which b r¢(¢rr¢d to in thc Regulaiiony ixji whlch h&8 sinee been withdrawn. Thc account$ ar¢ PT¢parcd in sterlin& whi¢h 1$ th¢ fjJDGtknal currency ofthe cherfty. Monetsry &mow)ts in th¢s¢ fjn8nciat sthtrments arc Tounded to thenreSt £. The aOUnts bav¢ b¢¢n p1W UTth thc hi5tOTiooI cosr nvtiOn. Thc principt accounting p)li¢i¢s adoptcd ar¢ Jctout klow. 1.3 Going con¢un At the ¢im¢ of opproving th¢ ¢oU1% th¢ 1¢¢3 have arnb]C tM10n ihoL the Charity hB5 4dEqu8te r¢soueS to wniinu¢ Jn operational ¢XIst¢¢ for the furseeable rule. "Ihub. the thteS conlirbU¢ w thipt th¢ 8oln8 wn¢ern b85is ofaccountin8 in pr¢paTin8 thc acajunts. 1.4 Clwltsble fvn Unrrstrictcd fimds or¢ avuiEEbl¢ for usc at th¢ discrdion of the In fiwther8n¢¢ of their ClUble obj1ve$ Iw the fiLtKi8 dcJigLDtcd forothcr purpJse& 1.5 Inme Donation3 and wfts are inolttded in the fEnttncia] st&enty wh¢D rc¢¢ivabl& 1.6 ExF¢ndlttwe ReurC exp¢ndcd 8re aeeounted for on amal's buij inelbdin8 Èrrecovcr8blc Value Added and includ¢d exp¢nditurc where ther¢ is 8 constructive or legal obligation lo w. Ch8ritable exptndiLuTe compri¥tts expcDSCS incurffd on the defined ch8rir2bl¢ of the IriDtiOn. Each Qlegory irKlud¢xl dIrC expense& The ChaNLy h¥5 ty) 5ff. iupm or8overn&)ce costs. 1.7 w)d C&sh end wh ¢quivQnts Include In han¢1 deposits held gt call with b4nk& other $l-1¢mI liqiiid invcsttDcnts with oriBinal m8turili¢J of months orless and bank overdrafts. 1.8 Flnandal Ins1rum1¥ The Charity h&8 elccied to opply the provisio of I I 'BLYiC FiDancial [nSmeThlq, and Se¢ilon 12 '0th¢r Fhnancial In9¢TUJJJQ]ts 155UCS' Ot FRS 102 to all ofits financi81 imtrumtots. Financial InstruCts rcLY)gnJd inthe ¢lty. ba18nc¢ sheet whED thr be¢om&8 tty tr¥ thé contr8ay81 pft)vision5 ofthe inStrUmCnL Financial &33¢ts 4tJd liHbiiittrs atr off5¢4 with the net #mowts pr&4cnted ID the finftnci3] swements. when there is I[Y enlor¢¢llbl¢ rigbi to set off the recognised 8m¢xml8 and is intention to settle on & net kni$ or lo ise the 85KI and 5cttle the liability simultanwLL51y. Page 9 of 10
TEDDIES FOR LOVINC CA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEwfEMBER 2023 Aecountitti policiE5 IcoNtinued) 1.8 WiDancÈal Irtn1ments (cortlinued) B8Stc fJn8TLcaal B&8ic flnanciai H55Ct& which include debtors and ¢&8h alld illk balantt4 ar¢ initially mCaTed at tra[actIOn pric¢ induditig irans&iion costs pd Sre sllbsequenily ¢orTied at amortised COSL usiiig th¢ cffcctivc iDtCTest method unless th¢ arraugcment wnsiti< a lknan¢Sng trattwtlon. wher¢ th¢ transaction 1% msUred at the PrC vale of the fviw¢ re¢eipts dlsc•unknl a market Tat¢ of I¢re$L Flnancial osy¢ts ¢l&sfied reLeivable within on¥ y¢or are Basi¢ financial liabilili¢s B&sie financiaI liabiliiies IudIng Crcdtto and bank lo 8T¢ initia]ly regniSed * trayjsadion pric¢ ut)l¢ss th¢ BfT8n8emeni constitu1&8 & fin¥nciD8 trllns•ction, where the dcbt itLStn]ment is me8surcd Bt thc prcsent vajue of the futur¢ payrucnrs dis¢ouo¢¢d r4maTket Tate of iDlcTcs1. fin8llciBt li&biliti&s tl&88ified pfrbIe within oneyear are TLOt ortised. D¢bt ik8¢ruments art subs4uent]y c8rriol &fftnortiacd cos¢ wingthe effeAiYc intrrcst ratc mctb)d. TrnJ¢ crvjiiors 8Ye obli8Htions to pHy for goods or serviccs h&ve been acquircd in thc ordinary cours¢ of optsatioL4 from suppliers. Attlounts payable are ClSIfIed WTT¢llt liabilitie5 ifp8ymrnt is within one ye4r or Icss. Ifnoi. they are Pr¢¢ntcd rLS non4urren¢ liabilitir& I'radc crcditOTS are r¢w8niJcd initia]ly at transaction •nd subsequenily m¢ysured at amortid wsi using ih¢¢ff¢¢tiv¢ int¢r¢stmetho Derecognilion of J]nan¢l liabiliiles ring1 liahililies dcr¢¢o8nis¢d when the charity'¥ contrucl obliB41ion$ expirr or gre dlichar8ed or 2 Critkal i¢to#llting eatlmteX And Jlldgemeknts ID the 8pplIcltsn of th¢ thrity's accounuDg poli¢5e& thc trustccs arc required 10 mllkc judgcmujts. cstÈtnates and assumptions ab)ut thc Lwnying amounl ofass¢ts alld liobiiitie5 are nol Tetdiiy oppDr¢ni f(om other sow¢eA. The 8timat&8 and ori8d assumptions are on his1ori rxpcriEnce and other fackns that &T¢ cotsyidcrd w be Yel¢vanL Actual resultsmay difftr from these estimaks. Thr cstimates ond undLYlying mlon$ are r¢vi¢wed on an ongolng b&%1$. Revi¥ivn5 to awouniing estimaiu we recognised in ihc pcriod in whÉch ihe esiimo is revi¥ whcrc the revision aff1$ only pcriod. or in the period of the revl$ion fiJtsw¢ p¢rtodN whefe Ihe revision uff¢ct5 both curreni and fuluTe PLriods. 3 Stsif¢oth *d truste¢s rmuDerAtIo• Thc charity did not thptoy any staff dwing the yetr and r&J InL#¢¢ rccclved any reMUrr10fft ond werc not rcimburxd fw any of thEir expenses iu thcyear. Page 10 of10