Charity Reglstration No. 1096622
Company Registration No. 04557686 {England and Wales)
THE SUSSEX
SNOWDROP TRUST
(A COMPANY LIMITED BY GUARANTEE)
ANNUAL REPORT AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024

THE SUSSEX SNOWDROP TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
D Levantine- Chair
C Bechelet-carter
N Cockram
A Jago
V Seddon
J Tickell
M Cavaroli
Secretary
D Levantine
Charity number
1096622
Company number
04557686
Registered office
No. 3 William Booker Yard
The Street
Walberton
Arundel
West Sussex
BN18 QPF
Independent Examlners
Walling & Hirst Limited
Cawley Place
15 Cawley Road
Chichester
West Sussex
P019 1UZ
Bankers
Lloyds Bank plc
10 East Slreet
Chichester
West Sussex
P019 1HJ
Investment advisors
Atomos Wealth & Financial Wellbeing
Pacific House
126 Dyke Road
Hove
Bnghton
BN1 3TE

THE SUSSEX SNOWDROP TRUST
CONTENTS
Page
Chaiiman's report
Trustees, report
Slatemenl of trustees, responsibilities
Independent examiners. report
Statement of financial activities
Balance sheet
Notes to the fsnancial statements
9-18

THE SUSSEX SNOWDROP TRUST
CHAIRMAN'S REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Throughout the year, from May 2023 we celetfated our 30 years as a charity. and we are as relevant now as we were in
1993.
During the year we have continued to raise funds to pay for members of the Care at Home Team. who are responsible for
providing crucial nursing care, counselling and other vital forms of 5UPPOrt for local Ch￿ldren who are on the Snowdrop
Pathway, and their family members. These children and young people have been diagnosed with a life-threatening illness,
which includes cancer. lèukaemia, brain tumours, complex conditions and many other serious illnesses. As we have always
worked closely with the NHS, all local children who have a life-threatening diagnosis are referred to the Team by Hospital
Consultants and nurses working in Southampton and London. The Team contacts the family as soon as Ihe child leaves
h05Pltal and arrange the fitst visit.
DLJring December 2023, the Head of Children's Services acr055 Sussex. appioached the Trustees and asked them if they
would fund a paediatric nurse at Fordwater School in Chichester. There are 180 children and young people at the school
who have educational and medical needs and Iwenty-one of these pupils are on the Snowdrop Pathway. Without hesitation
we approved this appointment, as the nurse in post was overwhelmed by the increase of medical involvement already
required for Snowdrop children at the school the Trustees were invited to visit the school by the Headleacher Sophie
Clarke, and we spent a very intereslin9 moming meeting staff and pupils.
There are other Care al Home Teams across the county, funded by the NHS. bLrt here in Chichester the team is unique,
as Snowdrop also funds our exceptional counsellors, and Health Support Workers (HSWS), and provides financial help for
parents slruggling to make ends meet when they are caring for a very sick child. HSWS are not efflployed in other teams,
but we have always valued them. and they are highly respected by other members of the Team. They attend visits with the
nurses and meet children on the Snowdrop Pathway, foming bonds vmlh them and helping lo distract the children while
the nurses take bloods or deal wlh wound care. They each have their own caseload and work with the children and their
families lo ensure the children and siblings enjoy and get the most out of th￿r special lime. This can include playing games,
painting, or reading, so mum has time for herself. going oul for a b￿ak away from home. or even taking Snowdrop children
and siblings to the park.
The invoice for the nurses. counsellors and HSWS is now over £400,000 and we are dependent on our caring and
supportive community for their contributions. Many events have been organised during the year which not only brings in
much needed funds, but also provides the media coverage to keep Snowdrop in the public's eye.
Trustees meet every month and attend Quarterly Review Meelings with the NHS Head of Children's Services, Alisdair
Little. These meetings are very informative and essential for the Trustees so that we can keep up lo date regarding the
numbers of children and young people on the Snowdrop Pathway, data conceming staff visits with Snowdrop children and
parents, staff recruitment d with any concems Ihat may arise. Mr Little always reaffims how graleftjl he and his
colleagues are for the in
of The
ssex Snowdrop Trust.
lana
irman and C¢FFounder

THE SUSSEX SNOWDROP TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their report and financial statements for the year ended 31 March 2024.
The accounts have been prepared in aCCordar￿e )hith the accounting polioes set out in note 1 to the accounts
and comply with the Trust's Memorandum and Articles ofAssociation. the Companies Act 2006 and the Charities
Commission "Accounting and Reporting by Charities= Statement of Recommended Practice IFRS 1021" issued In
March 2005 and revised January 2016. Foraccounts"ng periods commencing on orafter 1 April 2008, there is also
a requirement for the Tnjst to report on how it satisfies the Public Benefit test introduced by the Charities Act 2006.
Objectives and actlvlties
The objects of the charitable company are set out in its Memorandum and Articles of Assoaatr"on, and may be
summarised as follows."
To alleviate Ihe conditions of life amongst people who are caring or who have cared for children or young
people aged from O- 19 years ￿th life Ihreatening illnesses and who are alieady in needy circumstances,.
and of dependents of carers, being dependents who are themselve5 in needy circumstances", and, for that
purpose. to promote the material W￿lfare of such carer5 as aforesaid.
To support, emotionally and financially. familie5 where there has been an unexpected bereavement of a
child or young person from 0 - 19 years.
To relieve and alleviate, and to advance, promote. encourage and assist in the relief or alleviation of all
kinds of mental, physical infirmity, sickness. disablement Of handicap including mental illness. attributable
to caring, amongst carers. and those persons frjr whom they are caring and have cared and the
dependents of such carers.
To advance education concerning caring of such carers and the general public.
The trustees confirm that they have referred to the guidance contained in the Charity Commission's general
guidance on public benefit when reviewing the Trust's aims and objects'ves and in planning future activities and
setting policies for the year.
The Trust carried out these objectives by providing funding to individuals to support caring and equipment for the
advancement of education_
Achievements and perfomiance
Financial review
The charitable company continued to S￿cessfij1IY operate the Trusvs various activities, and to raise sufficient
funds lo enable il to carry forward its work al the level of activity anticipated by the trustees. All investments held
by the Trust were acquired in accordance with the powers available to the trustees.
At 31 st March 2024, and at the time of writs"ng. the charitable company's financial position was satisfactory.
The trustees have appointed Atomos Wealth & Financial Wellbeing to manage its investment portfolio. The
management of the portfolio is at the discrets'on of the investment advisors but with a moderate risk level set by the
trustees.
The net deficit in the Statement of Financial Activities for Ihe year was £13,828 {2023.' Deficit £39,481). Total
income for the yearwas £427,518 (2023. £708,948)- Total expenditure was £590.660 {2023.' £525,683). The gain
on inveslments in the year was £149,314 12023". Loss £222,746). Total funds al the end of the year were
£2,368,318 of which £6,293 were restricted funds. Free reserves at the year end were £2,351.766_

THE SUSSEX SNOWDROP TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Reserves Policy
As can be seen from the accounts, the Trust had a healthy balance on reserves due to the on-going efforts of our
supporters. The trustees have considered Ihe level of reserves. taking into account the following matters..
Money should only be kepl in reserve for specific reasons - it is clear that sensible planning for annual
expenditure and responsibility for other (including employees) is important.,
A need to cover the NHS salaries for the Care at Horne Team for the term of the Service Level Agre8ment,'
In addition lo also cover the Walberton staff based on the temis of their contracts.,
There was a general wish to be able to maintain the current level of assistance to Snowdrop families.
11 is the policy of the Trust to hold in reserves the equivalent of one yearfs general running costs and an addil'onal
amount lo cover the NHS contracted period and a further amount lo cover the employees of the Trust. as per the
terms of their employment contracts. This policy will be reviewed annually.
Taking all of the above into consideration. the trustees consider that the level of free reserves at 31 st March 2024
of £2.351.766 is in line with ils policy on reserves.
Investment policy
The Charity seeks lo produce the best financial retum wthin an acceptable level of risk. The investment objective
is to generate Income from the investments to 5UPPOrt the Charity's running cosls and capilal grovrth over the long
term so that special projects can be funded as and ￿en they ari5e_
The assets can be invested widely and should be diversified across asset classes and geographies. Asset classes
could include cash, bonds, equities. property, hedge funds: structured products. private equity, commodities and
any other asset that is deemed suitable by the Charity, wilh a balanced 14 of 71 risk mandate, but Ihe trustees
preclude investing in companies associated wrth Tobacco. armaments (non-UK listed companies), Pornography,
and Gambling. The Charity's Policy is to review the appointment of the Investment Management Fimi on a five
year cycle.
Risk Management
The trustees have examined the major strategic, business and operatior)al risks which the charitable company
face5, and confirm that systems have been established to mitigate such risks.
Structure, governance and management
The governing body of the charitable company is the Board of Director5. who are also Iruslees. The board meet
once a month. The board elects the Chairman. All members give their time on a volunlary basis_
New trustees are made familiar wilh their legal obligations under charity and company law, the conlenls of the
Memorandum and Articles of Associalion, the committee and decision making process and the recent financial
performance of the charity. Trustees are encouraged to attend appropriate extemal training events where these
will faalit8te the undertaking of their role.
The Irustees, who are also the directors for the purpose of company law. and vtho served during the year up
to the date of signature of the financial statements were".
D Levantine- Chair
C Bechelet-carter
N Cockram
L Pendlebury (resigned July 2023)
A Jago
V Seddon
J Tick611
M Cavaroli

THE SUSSEX SNOWDROP TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The board appoints a team of 3 professional staff to carry out the day to day operations of Ihe charity- Key staff
being as follows=
Office administrators
Fundraising, Media & Marketing Manager- L Ashworth
Office Administrator- E Sleep
Finan￿ Manager- E Hanks
The Trust has approved and funds the salaries of 7 NHS employed staff who are members ofthe 'Care at Home
Tearn'14 Band 7. 1 Band 6.. 2 Band 3).
Future plans
To ensure that the charity has the $l￿clent funds to pay the wages of the Snowdrop Care al Home Team with
rigorous fundraising within the Community with events and encouraging donations.
This report has been prepared in accordance with the provisions of the Companies Act 2006 relating to small
companies.
The trustees, report was app
¢ved by the Board of trustees.
D Levanti
Trustee
Dated..
3 . )aJ<4

THE SUSSEX SNOWDROP TRUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
The trustees, who are also the directors of The Sussex Snowdrop Trust for the purpose of company law. are
responsible for preparing the trustees, Report and the accounts in accordance with applicable law and United
Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice)
Company law requires the trustees to prepare accounts for each financial year which give a true and fair view
of the state of affairs of the charity and of the incoming reSoUr￿S and application of resources, including the
income and expenditure. of the charitable company for that year.
In preparing these accounts. the trustees are required to..
select suitable accounting policies and then apply them consistently.
observe the methods and principles in the Charities SORP,
make judgements and estimales that are reasonable and prudent", and
prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will
continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy
at any time the financial position of the charity and enable them to ensure that the accounts comply with the
Companies Act 2006. They ale also responsible for safeguarding the assets ofthe charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the charty and financial information included
on the charity's website in accordance with legislation in the United Kingdom goveming the preparation and
dissernination of financial statements.

THE SUSSEX SNOWDROP TRUST
INDEPENDENT EXAMINERS, REPORT
TO THE TRUSTEES OF THE SUSSEX SNOWDROP TRUST
I report to the charity trustees on my examination ofthe accounts ofthe above company for the year ended 31
March 2024.
Responsibilities and basis of report
As the charity's trustees of the company {who are also the directors of the cornpany for the purposes of
company law} you are responsible for the preparation of the accounts in accordance with the requirements of
the Companies Act 20061'the 2006 Act.)
Having satisfied myself that the accounts of the charitable company are not required to be audited under Part
16 of the 2006 Act and are eligible foi independent examination, I report in respect of my examination of your
charity's company accounts as carried out under section 145 of the Charities Act 2011 I'the 2001 Act'l In
carrying out my examination I have followed the Directions given by the Charity Commissior) under section
145(5)Ib) of the 2011 Act.
Independent examiner's statement
The company's gross income exceeded £250,000 and l am qualified to undertake the examination by being a
qualified member of the Associats'on of Chartered Certified Accountants_
I have completed my examination. I confirtll that no matters have come to my attention in connection with the
examination which gives me cause to believe that".
accounting records were not kept in accordance with Section 386 of the Companies Act 2006; or
the accounts do not accord wtth such records. or
the accounts do not comply with the accounting requirements of section 396 ofthe 2006 Act other than
any requirement that the accounts give a 'true and fair view, which is not a matter Considered as part
of an independent examination", or
the accounts have not been prepared in accordance with the Charilies SORP {FRS102}.
I have no concems and have come across no other matters in connection with the examination to which
attention should be drawn in this report in older to enable a proper understanding of the accounts to be
reached.
Mr Tony Rose FCCA- DirÈctor
Watling & Hirst Limited
Chartered Certified Accountants
Cawley Place
15 Cawley Road
Chichester
West Sussex
PO19 1 UZ
Date .

THE SUSSEX SNOWDROP TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unreslrlcted
Funds
Reslrlcted
Funds
Total
Total
2024
2023
Notes
INCOME FROM:
Donations and legacies
other trading activrties
Investments
351.157
9.879
66,482
351.157
9.879
66,482
625,704
10.748
72.496
TOTAL INCOME
427.518
427.518
708.948
EXPENDITURE ON:
Raising funds
Chafltable activities
41,644
548,536
41.644
S49,016
42,790
482,893
480
TOTAL EXPENDITURE
590.180
480
590,660
525,683
Net (lossesllgains on
investments
12
149,314
149,314
(222,746)
Net movement in fund5
(13.348)
(480)
113.828)
139,481)
Funds balances brought forward
2,375,373
6,773
2,382,146
2,421,627
Funds balance5 as at 31 March 2024
2.362.025
6.293
2,368.318
2,382,146
The ststement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing aclivities.
The statement of financial activities also complies with the requirements for an income and expenditure account
under the Companies Act 2006.

THE SUSSEX SNOWDROP TRUST
BALANCE SHEET
AS AT31 MARCH 2024
2024
2023
Notes
Fixed assets
Tangible assets
Investments
13
14
10.259
2,315.735
12,756
2,219,286
2.325.994
2,232,042
Current assets
Slocks
Debtors
Cash at bank and in hand
16
17
1,609
33.327
98.083
1.969
4.633
227,637
133.019
234.239
Creditors.. amounts falling due within
one year
18
(90.695)
{84.1351
Net current assets
42.324
150,104
Total assets less current liabilities
2,368.318
2,382,146
Income funds
Restricted funds
Unrestricled funds
22
6,293
2.362,025
6,773
2,375,373
2,368,318
2,382,146
The charity is enlitled to the exemption from the audrt requirement contained in section 477 of the Companies Act
2006, for the year ended 31 March 2021. No member ofthe chanty has deposited a notice. pu15uant to section 476,
requiring an audit of these accounts.
The trustees acknowledge their responsibilitie5 for.
lal ensuring that the charity keeps accounling records ￿lch comply wth sections 386 and 387 of the
Companies Act 2006 and
Ibl preparing accounts which give a true and fair view of the state of affairs of the charity as at the end of the
rinancial period and of its incoming resources and applicab.on of resources, including its income and
expenditure. for the financial period in accordance with the requirements of sections 394 and 395 and which
otherwise comply with the requirements of the Companies Act 2006 relating to accounts so far as applicable
to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies
Act 2006 relating to small companies.
The accounts were aDproved
rdon
D Levantine
J Tickell
Trustee
Company égislration No. 045S7686

THE SUSSEX SNOWDROP TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Aecountlng pollcies
Charity infomiatlon
The Sussex Snowdrop Trust is a private company limited by guarantee incorporated in England and Wales.
The registered office is No. 3 William Booker Yard. The Street. Walberton. Arundel, West Sussex, BN18 OPF.
1.1 Accounting convention
The financial statements have been prepared in accordance with Accounting and Reporting by Charities..
Slatemep.t of Recommended Practice applicable lo charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS1021 (effective 1 January 20151
Charities SORP IFRS102) and the Companies Act 2006.
The Sussex Snowdiop Trust meets the defjnilion of a public benefrt entty under FRS102. Assets and Liabilities
are initially recognised at hi5toncal cost or transaction value unless otherwise stated in the relevant accounting
policy nole{s).
The financial statements are prepared in sleding. which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded to the ne*est £.
1.2 Golng concern
There are no material uncertainties about The Sussex SrM)wdrop Trust's ability as a going concem.
1.3 GharitaDie funds
Unrestricted funds are available for use at the discretion of ihe trustees in furtherance of their charitable
objectives unless the funds have been designated for other purFoses.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and
uses of the restricted funds are set oui in the noles to the financkgl statements.
Endowment funds are subject to spectfic conditions by donors that the capital must be maintsined by the charity.
1.4 Income
Incorne is recagnised and included in the accounts when all of the followng criteria are met-
The charity has entitlement to the funds".
Any performance conditions attached to the income have been met or are fully within Ihe control of the
charity.,
There is sufficient certainty that receipt of Ihe inc(Mne is considered probable.. and
The amount can be measured reliably.

THE SUSSEX SNOWDROP TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accountlng policies (continued)
For legacies, entitlement is taken as the earfier of..
The dale on which the chaty is aware that probale has been granted..
The estate has been finalised and nolification has been made by the executor{s} to the Tnjst that a
distribution will be made., or
When distribLJtion is received from the estate.
Receipt of a legacy. in whole or in part. is only considered probable when the amount can be measured reliably
and the charity has been notified of the executorfs intention to make a dislribulion. Where legacies have been
notified to the charity, or the charty is aware of Ihe granting of probate, and the criteNa for income recognition
have not been met, then the legacy is treated as a contsngerrt a55et and disclosed if material.
1.5 Expenditure
Expenditure is recognised on an accruals basis when a liabilty is incurred. Expenditure indudes any VAT
which cannot be fully recovered and is included within the item of expenditure to which il relates.
Charilable expenditure comprises those costs incurred by the Trust in pursuit of rts charitable objectives. It
includes both direct costs and support costs relating to such activities.
Governance costs include those costs associated wlh meeting the statutory requ1￿MentS of the Trust and
include its audit fees and costs linked to strategic managernent of the Trust. These costs are now included in
support costs under the Charities SORP (FRS 102).
1.6 Tangible fixed a55ets
Tangible fixed assets are in'rtially measured at cost and subsequently measured at cost or valuation. nel of
depiecialion and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases".
Office equipment
Motor vehicle
25 /0 straight line
25Q/o reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds
and the carrying value of the asset. and 15 recogni5ed in net incO￿e/(expendktUre) for the year.
1.7 Fixed asset investffients
Fixed assel investments are initially measured al transacb.on price excluding transaction costs and are
subsequently measured at fair value at each reporting dale. Changes in fair value are recognised in net
incomellexpenditure} for the year. Transaction costs are expensed as incurred.
1.8 Impairment of fixed assets
At each reporting end dale, the charity reviews the carying amounls of ils tangible assets to determine whether
there is any indication that Ihose assets have suffered an Impairment loss. If any such indication exists, the
recoverable amount of the asset is estimated in order to detemine the exlent of the impairment loss (if any)-
Intangible assets wth indefinite useful lives and intangible assets not yet available for use are tested for
impairnent annually, and whenever the￿ is an indication that the asset may be impaired.
1.9 Stock5
Stocks of goods for resale are recorded al the lower of cost or net realisable value.
10

THE SUSSEX SNOWDROP TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies (continued)
1.10 Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount.
1.11 Cash and cash equlvalents
Cash and cash equivalents include cash in hand, deposits held al call with banks, other short-temi liquid
investments. and bank overdrafts. Bank overdrafts are shovm within borrowngs in current liabilities.
1.12 Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting trom a past event
that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can
be measured or estimaled reliable.
1.13 Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instrurnents. and Section 12
'Other Finanual Instruments Issues. of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes paty to the
contractual provisions of the instrument.
Financial assets and liabilits'e5 are offset. wth the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or lo realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured al transaction
price including transaction cost5 and are subsequently carried at amortised cost using the effective interest
method unless the arrangement constitLrtes a financing transaction. where the transaction is measured at the
present value of the future receipls discounted at a market rate of interest. Financial assets classified as
receivable within one year are not amortised_
Basic financial liabilities
Basic financial liabilities, including credrtors are initially recogni5ed at transaction price unless the arrangement
conslilutes a financing transaction. V1he￿ the debt instrument is measured at the present value of the future
payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are
not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rale method.
Trade creditor5 are obligations lo pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified a5 current liabilities if payment is due within one year
or less. If not, they are presented as non-current liabilits'es. Trade creditors are recognised initially al transaction
price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or
cancelled.
1.14 Employee benefits
The cost of any unused holiday entillement is recognised in the penod in ￿iCtt the employee's services are
received
Teminalion benefits are recognised immediately as an expense when the charity is demonstrably committed
to terminate the employment of an employee or to provide temiination benefft5.

THE SUSSEX SNOWDROP TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2024
Accounting pollcles (continued)
1.15 Retirement benefits
Payments to defined contribution retirement benefEt schemes are charged as an expense as they fall due.
1.16 Leaslng and hlre purchase commitrnents
Rentals payable under operating leases are charged against income on a straight line basis over the period of
the lease.
Critical accounting estimates and judgements
In the application of the chartty'5 accounting policies, the trustees are required to make judgements, esb'mates
and assumptions about the carrying amount of assets and liabilities that are nol readily apparent from other
sources. The estimates and associated assumplions are based on historical experience and other factors that
are considered to be relevant. Actual results may differ fr¢Jm these estimates_
The estimates and underlying assuMpti￿S are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which Ihe estimate is revised where the revision affects only thal
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
The trustees do not ¢onsider Ihat there are any critical estimates or areas of judgement that need to be brought
to the attention of the readers of the financial staternents.
Donations and legacies
Unrestricted
Funds
Restricted
Funds
2024
2023
Donations and gifts
Legacies receivable
Trust donations
Event based income
Other
107.803
25.043
74,943
138.264
5,104
107.803
25,043
74.943
138.264
5.104
171,295
250,975
109,178
89,233
5,023
351157
351 157
Other trading activities
Unrestricted
Funds
Restrlcted
Funds
2024
2023
Shop income
9,879
9,879
10,748
9.879
Investments
Unrestricted
Funds
Restricted
Funds
2024
2023
Income from listed Investments
66,482
66,482
72,496
72,496

THE SUSSEX SNOWDROP TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Raising funds
2024
2023
Fundraisi
and ublici
other fundraising costs
28,041
32,206
Investment man
ement
13,603
10,584
41,644
42,790
Charitable activities
2024
2023
Staff costs
Family and children evenls
Awards to families
Nuises expenses
441,202
18,084
48,968
3,494
370,136
21,317
46,300
3,936
511,748
441,689
Support costs (including govemance costs- see note 8)
37,268
41,204
549,016
482,893
Support costs
Governance
costs
2024
2023 Basis of allocatlon
Depreciation
3,438
3.438
1,157
Motor expenses
Loss on disposal of assets
Independent examination fees
General administration expenses
Insurance
Property expenses
1.674
1,674
1,118 Governance
Govemance
1,800 Governance
17,190 Governance
1,861 Governance
18,078 Govemance
1.800
11,475
1,324
17.557
1.800
11.475
1.324
17.557
37,268
37.268
41,204
Analysed be￿een
Charitable activrties
37.268
37.268
41,204

THE SUSSEX SNOWDROP TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Trustees
None of the trustees were paid or received benefits from employment with the charity in the year.
10
Taxation
The charitable company is registered as a charity and all of its income falls within the exemptions under Part
11 of the Corporation Tax Act 2010.
11 Employees
Number of employees
The average monthly number employees during the year was:
2024
Numbèr
2023
Number
There were a total of 3 (2023.. 3} full tiffle equivalent employees in the year.
Employment costs
2024
2023
Wages and salaries
Nurses, costs from NHS
Social security costs
Other pension costs
99,204
334,098
4,924
2,976
99.214
262,402
5,546
2,974
441,202
370,136
No employees received emoluments in excess of £60.000.
The key management personnel of Ihe charity comprise only the trustees. The total employee benefits of key
management personnel of the charity were £Nil (2022 £Nil).
12 Net gainslllossesl on Investments
2024
2023
Revaluation of inve51rnents
Gainl(loss) on sale of investrnents
155,916
(6,602)
{155,5S31
{67.1831
149,314
(222.7461
14

THE SUSSEX SNOWDROP TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
13 Tanglble fixed assets
Office
eouiDment
Motor
vehicles
Tolal
Cost
Al 1 April 2023
Additions in the year
Disposals in the year
18.540
12.756
31,296
941
Al 31 March 2024
19.481
12,756
32,237
Depreciation and irnpairment
At 1 April 2023
Depreciation on disposals
Depreciation charged in the year
18,008
532
18,540
382
3,056
3,438
At 31 March 2024
18,390
3,588
21,978
Net book value
At 31 March 2024
1,091
9,168
10,259
At 31 March 2023
532
12.224
12,756
14 Fixed asset Investments
Listed
investments
Cost or valuation
At 1 April 2023
Additions
Disposals
Valuation changes
2.219,286
2,196,154
(2,255,620)
155,915
At 31 March 2024
2,315,735
Falr value
At 31 March 2024
2,315,735
At 31 March 2023
2,219,28S
15 Financial instruments
2024
2023
Carrying amount of financial assets
Debt instruments measured at amortised cost
Instrument5 measured al fair value through profrt or loss
33.327
2.315.735
4,633
2,219,286
Carrying amount of financlal Ilabillties
Measured at amortised cosl
88,234
81,649
15

THE SUSSEX SNOWDROP TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
16 Stocks
2024
2023
Finished g¢)ods and goods for resale
1,609
1,969
17 Debtors
2024
2023
Amounts falling due within one year:
Trade debtors
Accrued Income
Other debtors
2,012
21,325
9,990
1,980
2,653
33,327
4,633
18 Credltors: amounts falling due within ono year
2024
2023
Trade creditors
Other laxalion and social security
2.589
2,486
2,461
Other creditors
88,234
79,060
90,695
84,135
19 Operating lease commitments
At the reporting end date, the charty had outstanding commitments for fulure minimum lease payments under
non-cancellable operating leases. which fall due as follovr6".
2024
2023
Within one year
25,960
11,800
20 Related party transactions
There were no disclosable related party transactions during the year (2023- none).
21 Pension and other post-retirement benefit commitments
Al the balance sheet dale £0 (2023. £5691 was owed in respect of contributions to schemes.
2024
2023
Contributions payable by the company for the year
2.976
2,974
16

THE SUSSEX SNOWDROP TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
22 Restricted funds
The income fvnds of the charity include restricted funds comwsing the following unexpended balance5 of
donations anrj grants held on trust for specific purposes..
Movement in funds
Balance at
1 April 2023
Balance at
Expendlture Transfers 31 March 2024
Income
National Lottery Community Fund
Mr Nigel Fund
6.TT3
480
6,293
6.773
480
6,293
NatSonal Lottery Comrnunity Fund is money Ting-fenced for summer family days out.
Mr Nigel Fund is money ring-fenced for running events for children.
23 Analysis of net assets between funds
Unrestricted Restrlcted
funds
funds
Total
Fund balances al 31 March 2024 are represented by..
Tangible fixed assets
Investments
Current assets
Credilors.. amounts falling due within one year
10,259
2.315,735
126,726
(90,6951
10.259
2.315.735
133,019
190.695}
6.293
2.362.025
6.293
2.368.318
Unrestrlcted Restricted
funds
nds
Total
Fund balances at 31 March 2023 are represented by..
Tangible fixed assets
Investments
Current assets
Creditors.. amounts falling due wilhin one year
12.756
2.219,286
227,466
184.135)
12.756
2.219.286
234.239
{84,1351
6.773
2.375,373
6.773
2.382.146
17

THE SUSSEX SNOWDROP TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
24 Comparative funds - Statement of financial activities for the year ended 31 March 2023
Unrestricted
Funds
Restricted
Funds
Totsl
2022
INCOME FROM..
Donations and legacies
Other trading activities
Investments
614.354
10.748
72,496
11,350
625,704
10,748
72A96
TOTAL INCOME
697,598
11,350
708,948
EXPENDITURE ON:
Raising funds
Charilable activities
42,790
472.620
42,790
482.893
10,273
TOTAL EXPENDITURE
515.410
10,273
525,683
Net Ilosses)Igains on
investments
(222,746)
<222,746)
Net movement in funds
140,5581
1,077
{39.481)
Funds balances brought forward
2.415,931
5,696
2,421.627
Funds balances as at 31 March 2023
2.375.373
6.773
2.382.146
18