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

TEDD￿s FOR LOVANG CARK
KNDEX TO THE FINANCIAL sTATEm￿s
Pa8rf5)
L¢8al eJ)d admlnisirn¢iY¢ inforniation
Rcwjrt of thc tr￿Ste¢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$¢eMI chwity numb¢r.'
1¢)87765
Tn￿ree8,
PGReev
M O H2rri8on
B N Bcvcriey
PJKing
JRBond
J W CurtiJ- Ap[x)in￿l 0sioir2023
R¢￿ster¢d & ￿mInI$l￿tIve
P[ovI￿￿ Grand Lodge ofEs3¢x
2 Statiott Ctsurt
s￿l0n 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￿ $￿eMcntsOr ik charity for the year ended
5￿ Scptcmber 2023. lljc fir￿n¢1￿ swements have been PT¢PBr¢d in 8ccordwK¢ with the aCc4)￿ling ]x)Iicics set
On PJ8¢ 7 ond o)mply with the chariii¢5 trust dccd and applic4bl¢ low.
Constltutloo #lld objttts
T¢ddic5 for IDvin8 Care WLS foTmcd a verbal tnLSt on the llll of Oaobcr 2000 aThl conmiwted by a fo￿￿1
charitsbltt ¢Nst deed on th¢ 19 F¢bnMry 2(KJI. Thc tsUSL was rc8iStered &s a charity by the Chjrity Collkntii55ion on
30 july 2(yll.
Trtruste¢s of theckniiy during the rKriodMvercdby these fmaocial Statem￿ 8re sctouton l.
New trusices have their Icgal obligations ￿der thBrity law expl&illcd to thcm and or¢ PT0vid￿ with a copy of th¢
8ov¢ming documcnt 8ttd illtyodllttd to thcir fdlow tru￿¢*&. All art rDcoura8ed to atiend appropriate
CXtern￿ trainillg cvents wh￿¢ thEsewill facilitsl¢ th¢ UndEr￿kin40f their role.
Devolopm¢nt ind or#•ab•tlon of th• ¢harlty
The chariiy L¥Jmmencd its ￿tIvItIeS following wtth ui¢id¢nt and ¢merycw unh&
A vi%it to hu¥pltsi Can Ee extrcmely di$¢rtS5in￿ fur a youn8 child l￿d often. rh￿ dlstr¢ss cxtel￿S 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 l￿dY bcar or other euddty
loy w&scDdorsed by those deailng with lho￿ sovcrely dl8lTes￿j ohildren and th¢ir pgr¢nts or 8uardian5.
Tk cbarltlts a¢tiviti¢s begort lll the k8innin8 of O￿Ober 2000 wtth (he objtt¢ivc of rwBin8 funds fT¢Mn Freemw
in E55cx in order lo provide ¥L 5Utrici¢nt number oft&Jdy t*8rs 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 pro￿89￿1 so well thBt th¢ clwriiy abl£ to la￿ch 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¢l￿d th¢ opp¥pl thBIT gnbn
in th¢trown lim¢ Bnd wth¢lrown expeD5e hayc cnsured that th¢ ohurlty waj Su￿#35￿L
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
Fin*nciAI 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 kn￿ee5 coniinue to the gcncr05ity of
fir¢mrnthTough ihe Corona virus crisi>
Of this in￿T￿r and cxi8tingr¢s¢TVf5, a]m05t £30,996 was utilisvj in pll￿b￿1ng *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
trUst￿S or the memb¢rs of the commitlee personally in addition to Wol￿tter￿lS A siwif1￿¢ pelt of th¢tr ￿rne. For
that cffort, th¢ irusi¢¢s arc cxirernely Bra*ful.
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¢ tsust￿5 Wish th¢ ¢harily to continuc its &ctiviii<8 ￿ the $8m6 Icvd for
SigD[fiL￿t]Y lorjgff pcriod of time ￿ndth￿tfor¢ enwurn8call Freem&wns to r4)utinu¢ to dollatc to appe41.
Rwervu polity
Th¢ trustees hawe consid¢rcd ihelr pollw on reserves for thc chodty. Th¢ charlty'5 Incomc i5 dcpendent upon
donaiioTh$ from l."rcemasons. Dongtion¥. by will fluc¢uai¢. In ord¢r io ¢￿s￿re 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$ equiv￿cn¢
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 opera￿0￿81 risks thaL the tharity f#w. aT¢
ensuTt that all items d)n8ied via ho$piiBJ A & E Units med curTetLi regulatory and Safety 5tandard8.
In VI￿ of the fact ih¥l th¢ ¢lJ8rlty ts entirely dependent upon the uyststancc of Yolunieer& (rusiees continu¢ to T¢wIi
new voluntccrs in OTd¢r ￿ emure a continuou5 tlow is avwlablr io tnaitthn thc Actiyilies ofihe ch￿ily.
These ri$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 beh￿rOr￿0
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￿$t fi)r year ¢nd>J 30 Sepkmbtt 2023. which are set OUÉ on paEe
5t07.
RtspÈttive r&qtMinslbililies of trllslee5 ADd ¢uwin¢r
The charifv-s trusiees arc res5X>rtsible for the preparation of the urcounts. Ibe charity's tnLgtees considcr tb2t an a￿lit
1$ 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 &Th￿l10n.
B*sis of Independent ¢x•mkner'$ rtport
My cx2minÈtion was carricd in a¢cA)rdanc< with th¢ g¢fi￿1 Directions given by the Charity CoDmliSSIOTI.
Au ¢¥aminalion includes a ￿teW of thc ￿cOUntIng rtc4)r(Li kept by the chortty and a wrnpsr1￿n of the accounts
prc5Cnted with tlN)8e T¢rtsrd% It also incl￿deS ¢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 w￿ther 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 ￿e0rd8￿cE wtth
Generally Accepted Accol￿tio8 PrdCttc¢ ¢ir￿tivc for re￿nI￿¥ 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
F￿d5
IA¢om¢ from:
Don￿10￿5 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￿(expl￿d1tsre) for th• y•Ar
(IOJ79)
Fund balanc< brou8ht forward
Fund ba]anee wried forward
71.161
77
Rl,540
Th¢ s¢11¢[n￿l of finanaaE a￿1¥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
Cr*JitorJ: AmoJntsf*llixg
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¢￿U￿tIn8C0rt¥elll1on
The accounts h￿t bern p￿p￿cd an accordance ￿th th¢ Chttrftlcs Act 2011 and "A¢countiD8 ond Repofling by
Cl*rÈtic& St*ement of Kccott￿rtetIded 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 *Iv￿a&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¢gul￿l￿NS 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 then￿reSt £.
The a￿OUnts bav¢ b¢¢n p1W￿ UTth thc hi5tOTiooI cosr ￿nv￿tiOn. Thc principt accounting p)li¢i¢s adoptcd ar¢
Jctout klow.
1.3 Going con¢un
At the ¢im¢ of opproving th¢ ￿¢oU￿1% th¢ ￿￿1¢¢3 have ar￿n*b]C ￿t￿M10n ihoL the Charity hB5 4dEqu8te r¢sou￿eS
to wniinu¢ Jn operational ¢XIst￿¢¢ for the furseeable r￿ule. "Ihub. the th￿teS 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 C￿lUble obj￿1ve$
Iw the fiLtKi8 dcJigLDtcd forothcr purpJse&
1.5 In￿me
Donation3 and wfts are inolttded in the fEnttncia] st￿&￿enty wh¢D rc¢¢ivabl&
1.6 ExF¢ndlttwe
Re￿urC￿ 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 I￿riD￿tiOn. Each Qlegory irKlud¢xl dIrC￿ expense& The ChaNLy h¥5 ty) 5￿ff.
iupm or8overn&)ce costs.
1.7 w)d
C&sh end wh ¢quiv￿Qnts Include In han¢1 deposits held gt call with b4nk& other $l￿-1¢mI liqiiid invcsttDcnts
with oriBinal m8turili¢J of months orless and bank overdrafts.
1.8 Flnandal Ins1rum￿1¥
The Charity h&8 elccied to opply the provisio￿ of I I 'B*LYiC FiDancial [nSm￿eThlq, and Se¢ilon 12 '0th¢r
Fhnancial In9¢TUJJJQ]ts 155UCS' Ot FRS 102 to all ofits financi81 imtrumtots.
Financial Instru￿C￿ts rcLY)gnJ￿d inthe ¢l￿ty.￿ ba18nc¢ sheet whED thr be¢om&8 t￿ty tr¥ thé contr8ay81
pft)vision5 ofthe inStrUmCnL
Financial &33¢ts 4tJd liHbiiittrs atr off5¢4 with the net #mowts pr&4cnted ID the finftnci3] swements. when there is
I￿[Y enlor¢¢llbl¢ rigbi to set off the recognised 8m¢xml8 and is ￿ intention to settle on & net kni$ 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 Ir￿tn1ments (cortlinued)
B8Stc fJn8TLcaal
B&8ic flnanciai H55Ct& which include debtors and ¢&8h alld i￿llk balantt4 ar¢ initially mCa￿Ted at tra[￿actIOn pric¢
induditig irans&iion costs p￿d Sre sllbsequenily ¢orTied at amortised COSL usiiig th¢ cffcctivc iDtCTest method unless
th¢ arraugcment wnsiti￿<￿ a lknan¢Sng trattwtlon. wher¢ th¢ transaction 1% m￿sUred at the PrC￿ val￿e of the
fviw¢ re¢eipts dlsc•unknl ￿ a market Tat¢ of I￿¢re$L Flnancial osy¢ts ¢l&s￿fied ￿ reLeivable within on¥ y¢or are
Basi¢ financial liabilili¢s
B&sie financiaI liabiliiies I￿￿udIng Crcdtto￿ and bank lo￿ 8T¢ initia]ly re￿gniSed * trayjsadion pric¢ ut)l¢ss th¢
BfT8n8emeni constitu1&8 & fin¥nciD8 trllns•ction, where the dcbt itLStn]ment is me8surcd Bt thc prcsent vajue of the futur¢
payrucnrs dis¢ouo¢¢d ￿ r4maTket Tate of iDlcTcs1. fin8llciBt li&biliti&s tl&88ified pfr￿bIe within oneyear are TLOt
ortised.
D¢bt ik8¢ruments art subs4uent]y c8rriol &fftnortiacd cos¢ wingthe effeAiYc intrrcst ratc mctb)d.
TrnJ¢ crvjiiors 8Ye obli8Htions to pHy for goods or serviccs h&ve been acquircd in thc ordinary cours¢ of
optsatioL4 from suppliers. Attlounts payable are Cl￿SIfIed ￿ WTT¢llt liabilitie5 ifp8ymrnt is within one ye4r or
Icss. Ifnoi. they are Pr¢￿¢ntcd rLS non4urren¢ liabilitir& I'radc crcditOTS are r¢w8niJcd initia]ly at transaction
•nd subsequenily m¢ysured at amorti*d wsi using ih¢¢ff¢¢tiv¢ int¢r¢stmetho
Derecognilion of J]nan¢l￿ liabiliiles
ring￿1￿ liahililies ￿ dcr¢¢o8nis¢d when the charity'¥ contruc￿l obliB41ion$ expirr or gre dlichar8ed or
2 Critkal i¢to#llting eatlm*teX And Jlldgemeknts
ID the 8pplIc￿ltsn 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 ￿￿ori8￿d 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 ￿￿m￿lon$ are r¢vi¢wed on an ongolng b&%1$. Revi¥ivn5 to awouniing estimaiu we
recognised in ihc pcriod in whÉch ihe esiimo* is revi¥￿ whcrc the revision aff￿1$ 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 reMUr￿r￿10fft 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

TEDD￿s FOR LOVANG CARK
KNDEX TO THE FINANCIAL sTATEm￿s
Pa8rf5)
L¢8al eJ)d admlnisirn¢iY¢ inforniation
Rcwjrt of thc tr￿Ste¢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$¢eMI chwity numb¢r.'
1¢)87765
Tn￿ree8,
PGReev
M O H2rri8on
B N Bcvcriey
PJKing
JRBond
J W CurtiJ- Ap[x)in￿l 0sioir2023
R¢￿ster¢d & ￿mInI$l￿tIve
P[ovI￿￿ Grand Lodge ofEs3¢x
2 Statiott Ctsurt
s￿l0n 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￿ $￿eMcntsOr ik charity for the year ended
5￿ Scptcmber 2023. lljc fir￿n¢1￿ swements have been PT¢PBr¢d in 8ccordwK¢ with the aCc4)￿ling ]x)Iicics set
On PJ8¢ 7 ond o)mply with the chariii¢5 trust dccd and applic4bl¢ low.
Constltutloo #lld objttts
T¢ddic5 for IDvin8 Care WLS foTmcd a verbal tnLSt on the llll of Oaobcr 2000 aThl conmiwted by a fo￿￿1
charitsbltt ¢Nst deed on th¢ 19 F¢bnMry 2(KJI. Thc tsUSL was rc8iStered &s a charity by the Chjrity Collkntii55ion on
30 july 2(yll.
Trtruste¢s of theckniiy during the rKriodMvercdby these fmaocial Statem￿ 8re sctouton l.
New trusices have their Icgal obligations ￿der thBrity law expl&illcd to thcm and or¢ PT0vid￿ with a copy of th¢
8ov¢ming documcnt 8ttd illtyodllttd to thcir fdlow tru￿¢*&. All art rDcoura8ed to atiend appropriate
CXtern￿ trainillg cvents wh￿¢ thEsewill facilitsl¢ th¢ UndEr￿kin40f their role.
Devolopm¢nt ind or#•ab•tlon of th• ¢harlty
The chariiy L¥Jmmencd its ￿tIvItIeS following wtth ui¢id¢nt and ¢merycw unh&
A vi%it to hu¥pltsi Can Ee extrcmely di$¢rtS5in￿ fur a youn8 child l￿d often. rh￿ dlstr¢ss cxtel￿S 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 l￿dY bcar or other euddty
loy w&scDdorsed by those deailng with lho￿ sovcrely dl8lTes￿j ohildren and th¢ir pgr¢nts or 8uardian5.
Tk cbarltlts a¢tiviti¢s begort lll the k8innin8 of O￿Ober 2000 wtth (he objtt¢ivc of rwBin8 funds fT¢Mn Freemw
in E55cx in order lo provide ¥L 5Utrici¢nt number oft&Jdy t*8rs 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 pro￿89￿1 so well thBt th¢ clwriiy abl£ to la￿ch 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¢l￿d th¢ opp¥pl thBIT gnbn
in th¢trown lim¢ Bnd wth¢lrown expeD5e hayc cnsured that th¢ ohurlty waj Su￿#35￿L
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
Fin*nciAI 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 kn￿ee5 coniinue to the gcncr05ity of
fir¢mrnthTough ihe Corona virus crisi>
Of this in￿T￿r and cxi8tingr¢s¢TVf5, a]m05t £30,996 was utilisvj in pll￿b￿1ng *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
trUst￿S or the memb¢rs of the commitlee personally in addition to Wol￿tter￿lS A siwif1￿¢ pelt of th¢tr ￿rne. For
that cffort, th¢ irusi¢¢s arc cxirernely Bra*ful.
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¢ tsust￿5 Wish th¢ ¢harily to continuc its &ctiviii<8 ￿ the $8m6 Icvd for
SigD[fiL￿t]Y lorjgff pcriod of time ￿ndth￿tfor¢ enwurn8call Freem&wns to r4)utinu¢ to dollatc to appe41.
Rwervu polity
Th¢ trustees hawe consid¢rcd ihelr pollw on reserves for thc chodty. Th¢ charlty'5 Incomc i5 dcpendent upon
donaiioTh$ from l."rcemasons. Dongtion¥. by will fluc¢uai¢. In ord¢r io ¢￿s￿re 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$ equiv￿cn¢
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 opera￿0￿81 risks thaL the tharity f#w. aT¢
ensuTt that all items d)n8ied via ho$piiBJ A & E Units med curTetLi regulatory and Safety 5tandard8.
In VI￿ of the fact ih¥l th¢ ¢lJ8rlty ts entirely dependent upon the uyststancc of Yolunieer& (rusiees continu¢ to T¢wIi
new voluntccrs in OTd¢r ￿ emure a continuou5 tlow is avwlablr io tnaitthn thc Actiyilies ofihe ch￿ily.
These ri$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 beh￿rOr￿0
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￿$t fi)r year ¢nd>J 30 Sepkmbtt 2023. which are set OUÉ on paEe
5t07.
RtspÈttive r&qtMinslbililies of trllslee5 ADd ¢uwin¢r
The charifv-s trusiees arc res5X>rtsible for the preparation of the urcounts. Ibe charity's tnLgtees considcr tb2t an a￿lit
1$ 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 &Th￿l10n.
B*sis of Independent ¢x•mkner'$ rtport
My cx2minÈtion was carricd in a¢cA)rdanc< with th¢ g¢fi￿1 Directions given by the Charity CoDmliSSIOTI.
Au ¢¥aminalion includes a ￿teW of thc ￿cOUntIng rtc4)r(Li kept by the chortty and a wrnpsr1￿n of the accounts
prc5Cnted with tlN)8e T¢rtsrd% It also incl￿deS ¢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 w￿ther 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 ￿e0rd8￿cE wtth
Generally Accepted Accol￿tio8 PrdCttc¢ ¢ir￿tivc for re￿nI￿¥ 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
F￿d5
IA¢om¢ from:
Don￿10￿5 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￿(expl￿d1tsre) for th• y•Ar
(IOJ79)
Fund balanc< brou8ht forward
Fund ba]anee wried forward
71.161
77
Rl,540
Th¢ s¢11¢[n￿l of finanaaE a￿1¥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
Cr*JitorJ: AmoJntsf*llixg
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¢￿U￿tIn8C0rt¥elll1on
The accounts h￿t bern p￿p￿cd an accordance ￿th th¢ Chttrftlcs Act 2011 and "A¢countiD8 ond Repofling by
Cl*rÈtic& St*ement of Kccott￿rtetIded 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 *Iv￿a&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¢gul￿l￿NS 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 then￿reSt £.
The a￿OUnts bav¢ b¢¢n p1W￿ UTth thc hi5tOTiooI cosr ￿nv￿tiOn. Thc principt accounting p)li¢i¢s adoptcd ar¢
Jctout klow.
1.3 Going con¢un
At the ¢im¢ of opproving th¢ ￿¢oU￿1% th¢ ￿￿1¢¢3 have ar￿n*b]C ￿t￿M10n ihoL the Charity hB5 4dEqu8te r¢sou￿eS
to wniinu¢ Jn operational ¢XIst￿¢¢ for the furseeable r￿ule. "Ihub. the th￿teS 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 C￿lUble obj￿1ve$
Iw the fiLtKi8 dcJigLDtcd forothcr purpJse&
1.5 In￿me
Donation3 and wfts are inolttded in the fEnttncia] st￿&￿enty wh¢D rc¢¢ivabl&
1.6 ExF¢ndlttwe
Re￿urC￿ 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 I￿riD￿tiOn. Each Qlegory irKlud¢xl dIrC￿ expense& The ChaNLy h¥5 ty) 5￿ff.
iupm or8overn&)ce costs.
1.7 w)d
C&sh end wh ¢quiv￿Qnts Include In han¢1 deposits held gt call with b4nk& other $l￿-1¢mI liqiiid invcsttDcnts
with oriBinal m8turili¢J of months orless and bank overdrafts.
1.8 Flnandal Ins1rum￿1¥
The Charity h&8 elccied to opply the provisio￿ of I I 'B*LYiC FiDancial [nSm￿eThlq, and Se¢ilon 12 '0th¢r
Fhnancial In9¢TUJJJQ]ts 155UCS' Ot FRS 102 to all ofits financi81 imtrumtots.
Financial Instru￿C￿ts rcLY)gnJ￿d inthe ¢l￿ty.￿ ba18nc¢ sheet whED thr be¢om&8 t￿ty tr¥ thé contr8ay81
pft)vision5 ofthe inStrUmCnL
Financial &33¢ts 4tJd liHbiiittrs atr off5¢4 with the net #mowts pr&4cnted ID the finftnci3] swements. when there is
I￿[Y enlor¢¢llbl¢ rigbi to set off the recognised 8m¢xml8 and is ￿ intention to settle on & net kni$ 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 Ir￿tn1ments (cortlinued)
B8Stc fJn8TLcaal
B&8ic flnanciai H55Ct& which include debtors and ¢&8h alld i￿llk balantt4 ar¢ initially mCa￿Ted at tra[￿actIOn pric¢
induditig irans&iion costs p￿d Sre sllbsequenily ¢orTied at amortised COSL usiiig th¢ cffcctivc iDtCTest method unless
th¢ arraugcment wnsiti￿<￿ a lknan¢Sng trattwtlon. wher¢ th¢ transaction 1% m￿sUred at the PrC￿ val￿e of the
fviw¢ re¢eipts dlsc•unknl ￿ a market Tat¢ of I￿¢re$L Flnancial osy¢ts ¢l&s￿fied ￿ reLeivable within on¥ y¢or are
Basi¢ financial liabilili¢s
B&sie financiaI liabiliiies I￿￿udIng Crcdtto￿ and bank lo￿ 8T¢ initia]ly re￿gniSed * trayjsadion pric¢ ut)l¢ss th¢
BfT8n8emeni constitu1&8 & fin¥nciD8 trllns•ction, where the dcbt itLStn]ment is me8surcd Bt thc prcsent vajue of the futur¢
payrucnrs dis¢ouo¢¢d ￿ r4maTket Tate of iDlcTcs1. fin8llciBt li&biliti&s tl&88ified pfr￿bIe within oneyear are TLOt
ortised.
D¢bt ik8¢ruments art subs4uent]y c8rriol &fftnortiacd cos¢ wingthe effeAiYc intrrcst ratc mctb)d.
TrnJ¢ crvjiiors 8Ye obli8Htions to pHy for goods or serviccs h&ve been acquircd in thc ordinary cours¢ of
optsatioL4 from suppliers. Attlounts payable are Cl￿SIfIed ￿ WTT¢llt liabilitie5 ifp8ymrnt is within one ye4r or
Icss. Ifnoi. they are Pr¢￿¢ntcd rLS non4urren¢ liabilitir& I'radc crcditOTS are r¢w8niJcd initia]ly at transaction
•nd subsequenily m¢ysured at amorti*d wsi using ih¢¢ff¢¢tiv¢ int¢r¢stmetho
Derecognilion of J]nan¢l￿ liabiliiles
ring￿1￿ liahililies ￿ dcr¢¢o8nis¢d when the charity'¥ contruc￿l obliB41ion$ expirr or gre dlichar8ed or
2 Critkal i¢to#llting eatlm*teX And Jlldgemeknts
ID the 8pplIc￿ltsn 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 ￿￿ori8￿d 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 ￿￿m￿lon$ are r¢vi¢wed on an ongolng b&%1$. Revi¥ivn5 to awouniing estimaiu we
recognised in ihc pcriod in whÉch ihe esiimo* is revi¥￿ whcrc the revision aff￿1$ 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 reMUr￿r￿10fft ond werc not rcimburxd
fw any of thEir expenses iu thcyear.
Page 10 of10