Chai'ity No: 1101160 nglaiicl) The Childi'ens Welfare 14 nd Reseai"cli Fouiidation FinAncial Statemcn18 And Ti'iistees Report Foi. the yeai. eii(led 30th June 2024
Thc Childi'eiigs Welfare aiid Researcli Foundatioii Established: Septeinber 2000 liiRugiii'al Date: 19th Septeinber 2003 by Declai'ation of Triist Cliai'ity RegistrAtion Date: I I tli Deceinber 2003 Charity Registi'ation No: 1101160 Objects: For tlie piiblic beiiefit to preserve and pi'otect Iiealtli and i'elieve sickness in particulai. of cliildi'ei) particiilai'ly but iiot excllisively by the proiiiotioj) of reseairli aiid tr¢alineiit of cl)ildhood disease aiid illness oil Ilic basis that the I'esults of aiiy I'eseairli will be diss¢mit)ated to tl)e piiblic. Ti'iistee8: The board of triistees wlio served diii'iiig tlie yeai. aiid at tlie balance slieet date al'e: Pali'ick Kelly, Joliii Cai'ey, Jaines McAI'dlc, Toiiy McGovei'ii (died O l .01 .2024), Seaii McNicliolas. David JoIies, Kcviii Moi'ai), Kcitli Mastei'soii, Roi'y O'Coi)nor, Joliii Cai'ey Jni.. Couiicil of I lecte(l Meinbers: Same as tlie Ti'ustees Cliairillan Jaines McArdle Ilon. Seci'etaiy: David Joiies Hoii. Ti'easiii'er: Pali'ick Kelly Baiiliers: Handelsbaiiken Chiswick Bi'aiich 2 Cliiswick Higli Road London W4 ITH Iiiclepeiideiit Ei xaminei.: Pati'ick McNaiiiara Cliartercd Certified Accouiitant
Tlie Childi'ens Welfai'e aiid Re3cai'cli Fouiidation Rcport of the Tiwstccs rior tlie yeai. ended 30tli Julie 2024 Tlie tnistees present their irport and fiiiaijcial stateineiits for tlie year ciided 30tli Julie 2024. Revie)v of Ilie biisiiiesy Tlie day-to-day biisiiiess is controlled by the Coiiiicil wlio meet pei'iodically. DLlI'ing the yeai., a veiy successfiil fiiiid raising golf day and a bike ride wei'e lield wliich geiici-ated iiet fuiids of £29,070 aiid £22.363 respectively for tlie cliarity. Iii additioii, geiierous doiiations of £75,800 was iEceived from ineii)bei's of tlie piiblic aiid £7,000 fi'oin oiir tnistees. Doiiatioiis of £122,519 welt ii)adc towards reseai'clj aiid all¢viatioii of cliildi'eji's illiiesses aiid welfai'e, priiicipally to Gi'eat Oi'mond Street IIospital, SCT Boile Caiicei. Ti'LlSt, Spi'ead A Smile aiid Playskill. Fiiiaiicial i'eview Tlie i'esiilts for ilie yeai. al'e set out 011 PLige 5. Tlie Finaiicial Staleineiits liave beei) pi'epai'ed iii accoi'daiice ivitli tlie Statement of Re¢ointneiided Accoiii)tiiig Pl'actice aiid Ilepoi'liiig by Cliai'iti¢s, piiblisli¢d iii Mai'cli 2005, wÈtli tli¢ aiin of pirseiitiiig a ti'iie aiid fail. vi¢w of Ilie riiiaiicial position of tli¢ Cliarity. Diii'itl8 the yeai., fiitids were geiiei'ated froiii donalioiis received, baiik iiiteitst iEceived aiid the fiiiid I'aisiiig activity. At the balaiice sheet date tliei'e is £142,839 casl) at baiik which coiiliiiiie to gyeiici'ate iiicoiiie, Ti'iistees Tlie Ti'iistees al'e elected by the Meinbei's of Coiiiicil aiid remaiii ti'iistees for life oi. Iiiitil retiirm¢iit. r* iiiidiiig iii kin(1 Tliei'e wlls iio fLiiiding iii kind diiring Ilie year. Sigll]ed on behalf of tlie boai'd of trustees Chairman Jaiiies Mc, i'dle Date(l..
Illdependent xaminei's, i'epoA'I To tlie Triistees of The Cliil(li'en's Welfare Aiid Reseai'cli Foiindation Foi. tlie yeai. eniled 30th Julie 2024 l i'eport to the tnist¢¢s on my cxamination of tlie accoiiiits of Tlie Cliildreii's Welfare ai)d Reseai'cli Foiiiidatioii for tlie y¢ai' elided 3 0 Julie 2024, wliicli are set oiit oil page 5. Ilespoiisibilities aiid basis of i'eport As tlie cliarity triistees of tlie Ti'LlSt, yoii al'e i'espoiisible for tlie pi'eparation of the accoiints in accoi'daiice witli tl)¢ i'equireineiits of tlic Cliai'ities Act 2011 ('Il)e Act,). I report in iEspect of iny exainiJ)atioi) of tlie Ti'ustee's accoiiiits carried out undei. s.145 of tlie 2011 Act aiid iii cari'yiiig out iny exainiiiatioii I have followed all tlie applicable directioiis giveii by tlie Cliarity Coiniiiissioii iiiider s. 145(5)(b) of tlie 201 l Act. In(lepencleiit examiiiei s statement I Iiave completed my exaiiiinatioii. I confirni tliat no Inatei'ial inatters liRv¢ coiiie to iiiy atteiitioii iii coiinectioii witli tlie examiiiatioi) giviiig Ine caiise lo believe tl)at iii ai)y n)atci'ial I'espect: (l) accoiiiitiiig I'ecords were iiot kept in i'espe¢t of the Tiiist as irqiiii'ed by s. 130 of tlie (2) tlje accoiints do i)ot accord witli tl)ose records. (3) the finaiicial statcinents do not comply with the applicable i'equiirineiits coiicei'iiiiig tlie foi'm aiid coiiteiit of accoiii)ts set oiit iii tlje Cliai'itics (Accoiiijts aiid Repoj'ts) Reglilations 2008 oilier tl)ai) aiiy requii'ciiients tliat tlie accoiiiits give a 'triie aiid fail. view wliicli is not a Inatter coiisidered as part of an iiidepeiideiit exainination. I have iio concei'ns and liave coine across Jio otlier inattei's in coiiiiection witli tlie exainination to wliicli atteiitioii slioiild be di?Ivii ii) tliis i'eport in order to eiiable a ptDpei' iiiiderstaiidii)g of the accoiints to bc r¢aclied. Sigiied: 111iilvo4 Pati'iclc McNaiMAra Chai'tei'e(I Cei'tifie(l Accountanl 40 Cliaiiibei'14qyiiC Roa(1 Loiidon NWIO 3J Thc Cliildi"eii'3 WeIfai'e all(l Reseai'eb Foiilldatioii
Iiicome aiid xpeiiditui"e Accouiit ri oi. the yeai" ended 30tIA Julie 2024 Golf Iiicome Players Advei'tisiiig Aiiclioii Diliiiei's Raffle 28,800 6,000 8.400 100 3,930 47,230 elises Golf Club Pi'iiitei3 Aclmiiiisti'atioii Services SqLiai'e Cai'd fees 14,191 625 3,271 73 (18,160) Siii'pliis finI Golfiiig activity 29,070 Otlier Incoine 1'1-Iistees donations oilier doiiations MP Moi'aii bike i'ide Baiik iiitei'est i'eceived 7,000 75,800 22,363 3,596 108.759 Otlici, li xpeiiditiii'e Tolal (loiiatioiis Inade 122,519 (122,519) Siii'pliis l ((leficit) foi. yeAI' trféiisfei'i'ed to AcciimulAtion Fmiid Repi'esentcd by: Assets Casli at Bank 142.839 Liabilitics Ailloiiiits diic Net assets Acciimiilated fi ii?i(I Balaiice bi'oiiglit foi'waiyl Siii'pliis foi. yeai. 127.529 15,310 Balance carried forwRI'd Ai)pi'oved,. Ti'ustec Ti'ustee Pati'ick Kelly s Mc Ai'dle Dated:,.,...