REGISTERED CHARITY NUMBER: 1109867
Charity Commission
10 MAR Z025
Received
ort of the Tru
ees and
Unaudited Financial Statem
ts for the Year Ended 31 De￿mber 2023
for
The Hone
Yose Foundation
Nathans
Chartered Certified Accountants
Trident Business Centre
Amy Johnson Way
Blackpool
Lencashire
FY4 2RP

The Hone
rose Foundation
Contents of the Financial Statements
for the Year Ended 31 December 2023
Page
Chairman's Report
Report of Ihe Trustees
Indep8ndent Examiner's Report
Statement of Financial Activities
Balan￿ Sheet
Notes to the Financial Statements
8 to 14
Detailed Statement of Financial Activities
15 to 16

The Hone
rose Foundation
Chairman's Re
for the Year Ended 31 De￿mber 2023
It gives me great satisfaction lo say that we have survived another year but sadly our offices and
function room have gone as the landlord 59ld the building. Vve now rent the ground floor from our
new landlord.
So now we have another obstacle to climb. It was very sad lo see everything moved to storage.
We have a 3 year lease but after that things are uncertain.
Page 1

The Hone
rose FoLtnd8tion
ort of the Trustees
h Year Ended 31 December 2023
or
The trustees present their report with the financial statements of the charity for the year ended
31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by
Charities: Statement of Recommended Practice applicable ta charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102> (effective 1 January 20191.
OBJECTIVES AND ACTIVITIES
Objectives and aims
To provide special days for people 40 years and above, who are suffering from a lifg threatening
or terminal illness, in order to give them and their family special memories.
Significant activities
We have continued providing wish85 during the year and will continue the good work that was
started in 2004.
This year is our 20th Annivèrsary and in those 20 years we have helped approximately 12,500
people. We look forward to continuing for years to come.
Publlc benefit
The trustees have continued to expand the area covered for their aims to offer their charitable
works to the greater public.
The trustees confimi that they have complied with the requirements of section 4 of the Charities
A¢t 2011 to have due regard to the public benefil guidancp published by the Charity Commission
for England and Wales.
Volunteers
The trustees would like to thank all volunteers for their bard work and dedication, and we have
reinstated the volunteer of the month award.
Also, a huge thank you to Lynn for her positivity which keeps everyone highly motivated
after 17 years.
even
Page 2

The Hone
rose Foundation
Re
ort of the Trustees
for the Year Ended 31 December 2023
FINANCIAL REVIEW
Investment policy and objectlves
The charity's activities expose it to a number of financial risks including credit risk, cash flow risk
and liquidity risk. The use of financial derivatives is governed by the charity's policies approved by
the board of truslees which provide wrilten prinGiples on the use of financial derivatives to manage
these risks. The charity does not use derivative financial instruments for 5pe¢ulative purposes.
Credit Risk
The charity's principal financial assets are bank balances and cash, trade and other receivables,
and investments. The charity's credit risk is primarily attributabl8 to its trade receivables. The
amounts presented in the balance sheet are net of allowances for doubtful receivables. A
allowance for impaimient is made where therè is an identified loss event which, based on previous
experience, is evidence of a reduction in the recoverability of Ihe cash flows.
The credit risk on liquid funds and derivative financial instrurnents is limited because the
counterparts are banks with high credit-ratings assigned by international credit-rating agencies.
The charity has no significant concentration of credit risk, with exposure spread over a large
number of counterpart's and customers.
Liquidity Risk
In order to maintain liquidity to ensure that sufficient funds are available for ongoing operations
and future developments, th8 charity uses a mixture of long-term and short-term debt finance.
Further details regarding liquidity risk can be found in the Statement of accounting policies in the
financial statements.
FUTURE PLANS
St Helens town centre is still in a dire state until redevelopments begin.
The donations of goods to our shop have not reduced, as our shop is our largest source of
income. We now also sell online too, wish plans to increase this when possible.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governlng document, a deed of trust and constitutes an
unincorporated charity.
Recruitment and appointment of new trustees
Recruitment of new trustees is open, and focused on creating a diverse and effective Board.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity numbor
110Q867
Principal address
2-4 Cottam Street
St Helens
Mer5eyside
WA10 1SA
Page 3

The Hone
rose Foundation
ort of the Trustees
for the Year Ended 31 D
cember 2023
Trustees
B Duffy
Mrs L Stevens
Miss C Anders
D Fiennes-Gregory
L Hurst
L Barrow
Mrs A Worsley
Independent Examiner
Nathans
Chartered Certified Accountants
Trident Business Centre
Amy Johnson Way
Blackpoo
Lancashir8
FY4 2RP
Approved by order of the board of trustees on 6 February 2025 and signed on its behalf by:
B Duffy - Trustee
Page 4

Inde
endent Examinerfs Re
The Hone
rose Foundation
ort to the Trustees of
Indèpendent examiner's report to the trustees of The Honeyrose Foundation
I report to the charity trustees on my examination of the acGounts of The Honeyrose Foundation
(the Trust) for the year ended 31 De￿rnber 2023.
Responsibilities and basis of report
As the charity trustees of the Trust YOU are responslble for the preparation of the accounts in
accordance with the requirements of Ihe Charities Act 2011 ('the Act,).
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the
Act and in carrying out my examination I have followed all applicable Directions given by the
Charity Commission under Section 145{5){b) of the Act.
Independent examiner's statement
I have completed my examination. I confimi that no material matters have come to my attention in
connection wllh the examination giving me cause to believe that in any material respect:
accounting records were not kept in respect af the Trust as required by Section 130 of the
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the forni and
content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other
than any requirement Ihat the accounts give a true and fair view which is not a matter
considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Joseph Nathan Bannister
Nathans
Chartered Certified Accountants
Trident Business Centre
Amy Johnson Way
Blackpool
Lancashire
FY4 2RP
6 February 2025
Page 5

The Hone
rose Foundation
statement of Financial Activities
for the Year Ended 31 December 2023
31.12.23 31.12.22
Total
Total
funds
funds
Unrestricted Restrlcted
fund
fund
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
37,152
37,152
70,642
Other trading activities
Other income
67,244
1,110
67,244
1,110
8S,357
15,290
Total
105,506
105,506
172,289
EXPENDITURE ON
Raising funds
80,890
80.890
160,437
Other
3,843
3,843
34,546
Total
84,733
84,733
194,983
NET INCOMEI(EXPENDITUREI
20,773
20,773
{22,694)
RECONCILIATION OF FUNDS
Total funds brought forward
(44,886)
24,108
(20,778)
1,916
TOTAL FUNDS CARRIED FORWARD
(24,113)
24,108
(5)
(20.778)
The notes form part of these financial statements
Page 6

The Hone
rose Foundation
Balance Sheet
31 December 2023
31.12.23
Total
funds
31.12.22
Tclal
funds
Unrestricted Restricted
fund
fund
Notes
FIXED ASSETS
Tangible assets
13,622
1.024
14,646
18,307
CURRENT ASSETS
Cash at bank and in hand
(5,477)
23,084
17,607
3,550
CREDITORS
Amounts falling due within one year
16,994)
(6,994}
(11,09n
NET GURRENT ASSETS
{12,471)
23,084
10,613
(7,547)
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,151
24,108
25,259
10,760
CREDITORS
Amounls falling due after morè than one
year
(25,264)
(25,264)
(31,5381
NET ASSETS
124,1131
24.108
15)
(20,778)
FUNDS
Unrestricted funds
Restricted funds
10
(24,113)
24,108
(44,886)
24,108
TOTAL FUNDS
(5)
(20,778)
The financial statements were approved by the Board of Trustees and authorised for issue on
6 February 2025 and were signed on its behalf by:
B Duffy- TTUStee
The notes form part of these financial statements
Page 7

The Hone
rose Foundation
Notes to the Financial Statements
the Year Ended 31 December 2023
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have
been prepared in accordance with the Charities SORP IFRS 102) 'Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland IFRS 102} (effective 1 January 2019),, Financial Reporting
Stsndard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Charities Act 2011. The financial statements have been prepared under the
historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has
entitlement to the funds, it is probable that the income will be received and the amount can
be measur8d reliably.
Expenditure
Liabilities are reGognised as expenditure as soon as there is 8 légal or constNctive
obligation committing th6 charity to that expenditure, it is probable that a transfer of
economic benefits will be required in settlement and the amount of the obligation can be
measured reliably, Expenditure is accounted for on an accruals basis and has been
classified under headings that aggregate all cost related to the category. Where costs
¢annot be directly attributed lo particular headings they have been allo¢ated to activities on
a basis consistent with the use of resources.
Raising funds
These are costs incurred in attracting voluntary income, the managemènt of investments
and those incurred in trading activities that raise funds.
Governance costs
These include the costs attributable to the charity's complianGe with conslitutional and
statutory requirements, including audit, strategic management and trustee meetings and
reimbursed expenses.
Tangible fixed assets
Depreciation is provided at thé followng annual rates in crder to write off each asset over its
estimated useful life.
Taxatlon
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the
discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the
charlty. Restrictions arise when specrfied by the donor or when funds are raised for
particular restricted purposes.
Further explanalion of the nature and purpose of each fund is included in the notes to the
financial stalements.
Page 8
contlnued...

The Hone
rose Foundation
Notes to the Financial Statements - conlinu
for the Year Ended 31 December 2023
ACCOUNTING POLICIES - eontinued
Hire purchase and leasing commltrnents
Rentals paid under operating leases are charged to the Statemenl of Financial Activities on
a straight line basis over the period of the lease.
OTHER TRADING ACTIVITIES
31.12.23
31.12.22
Shop Income
67,244
86,357
RAISING FUNDS
Raislng donations and legacles
31.12.23
31.12.22
Postage and stationery
Fundraising costs
Shop stock
Vehicle costs
Travel and transport
Support costs
639
1,900
2,394
13,795
114
293
436
142
402
1,273
18,842
Investment management costs
31.12.23
31.12.22
Administrative expenses
maintenan￿ charges
769
2,975
350
769
3,325
Aggregate amounts
80,890
160,437
Page 9
continued...

The Hone
rose Foundation
Notes to the Financial Statements - continued
for the Year Ended 31 December 2023
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended
31 December 2023 nor for the year ended 31 December 2022.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 December 2023 nor for the
year ended 31 D?￿mber 2022.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrèstricted Restricted
fund
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
70,642
70,642
Other trading activities
Other income
86,357
15,290
86.357
15,290
Total
172.289
172,289
EXPENDITURE ON
Raising lunds
160,437
160,437
Other
34,546
34,546
Total
194,983
194,983
NET INCONIEIIEXPENDITURE)
(22,6941
(22.694}
RECONCILIATION OF FUNDS
Total funds brought forward
(22,192)
24,108
1,916
TOTAL FUNDS CARRIED
FORWARD
144,886)
24,108
(20,778)
Pa9e 10
continued...

The Hone
rose Foundation
Notes to the Financial Statements - continued
for the Year Ended 31 December 2023
TANGIBLE FIXED ASSETS
Fixturas
and
fittings
Motor
vehicles
Totals
COST
At 1 January 2023 and
31 December 2023
70,030
12,424
82,454
DEPRECIATION
At 1 January 2023
Charge for year
56,812
2,643
7,335
1,018
64.147
3,661
At 31 December 2023
59,455
8,353
67,808
NET BOOK VALUE
At 31 Décember 2023
10,575
4,071
14.646
At 31 December 2022
13,218
5,089
18,307
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23
31.12.22
Bank loans and overdrafts {see note 9)
Taxation and social security
other Greditors
6,274
9,645
732
720
720
6,994
11,097
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23
31.12.22
Bank loans {see note 9)
25,264
31,538
LOANS
An analysis of the rnaturity of loans is given below..
31.12.23
31.12.22
Amounts falling due within one year on demand:
Bank loans
6,274
9,645
Amounts falling be￿een one and Iwo years:
Bank loans - 1-2 years
6.274
6,274
Amounts falling due between two and flve years:
Bank loans - 2-5 yeais
18,990
18,822
Page11
continued...

The Hone rose Foundation
Notes to the Financial Statements - c ntinued
lor the Year Ended 31 December 2023
LOANS - contlnued
31.12.23
31.12.22
Amounts falling due in more than five years=
Flepayable by instalments..
Bank loans more 5 yr by instal
6,442
10. MOVEMENT IN FUNDS
Net
movement
in funds
At
31.12.23
At1.1.23
Unrestricted funds
General fund
(44,886)
20,773
(24,113)
Restriated funds
Restricted funds
24,108
24,108
TOTAL FUNDS
120,778)
20,773
(5)
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources
expended
in funds
Unrestricted funds
General fund
105,506
(84,733)
20,773
TOTAL FUNDS
105,506
(84.7331
20,773
Comparatlves for movement in funds
Net
movement
in funds
At
31.12.22
At 1.1.22
Unrestricted funds
General fund
(22,192)
<22,694)
(44.886)
Restricted funds
Restricted funds
24,108
24,108
TOTAL FUNDS
1,916
(22,694)
(20,778)
Page 12
continued...

The Hone
ros8 Foundation
Notes to the Financial Statements - continued
for the Year Ended 31 December 2023
10. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in Ihe above are as follows..
Incoming Resources Movement
resour￿8
expended
in funds
Unre5tri¢ted funds
General fund
172,289
1194,983)
(22,694)
TOTAL FUNDS
172,289
1194,983)
(22,694)
A current ye£r 12 mcnths and prior year 12 months combined position is as follows:
Nel
movement
in funds
At
31.12.23
At 1.1.22
Unrestricted funds
General fund
(22,192)
(1.921)
(24,113)
Restricted funds
Restricted funds
24,108
24,108
TOTAL FUNDS
1,916
(1,921)
{5)
A current year 12 months and prior year 12 months combined net movement in funds,
included in Ihe above are as follows:
Incorning Resources Movement
resources
expended
In funds
Unrestricted funds
General fund
277,795
{279,716)
(1,921)
TOTAL FUNDS
277,795
(279.716)
(1.921 }
Page 13
continued.,.

The Hone
rose Foundatio
Detailed Statement of Financial Activities
for the Year Ended 31 December 2023
31.12.23
31.12.22
INCOME AND ENDOWMENTS
Donations and legacies
Donations
37.152
70,642
Other trading activities
Shop income
67.244
86.357
Other income
Rental income
Job Retention Scheme inGome
No description
15,290
1,100
10
1.110
15,290
Total incoming rp$ourcgS
105,506
172,289
EXPENDITURE
Raising donations and legacles
Postage and stationery
Fundraising costs
Shop stock
Vehicle costs
Travel and transport
639
1,900
2,394
13,795
114
293
436
142
871
18,842
Other trading activities
Business development
11,400
Investment management costs
Administrative expenses
Maintenan¢8 charges
769
2,975
350
769
3,325
Other
Other operating leases
Wishes
Loss on sale of tangible fixed assets
Interest payable
21,180
13.333
(1,456)
1,489
3,843
3,843
34,546
This page does not form part of the ststutory financial statements
Page 15

The Hone
ose Foundation
Detailed Statem8nt of Financial Activities
for the Year Ended 31 December 2023
31.12.23
31.12.22
Support costs
Management
Rates and water
Insurance
Light and heat
Advertising
Sundries
Subscriptions
4,140
6.696
6,296
18,382
2,078
3,140
695
8,435
402
169
13,146
37,287
Finance
Bank charges
1,042
Governance costs
Accountancy 2nd legal fees
Allocated support costs
Fixtures and fittin9S
Motor vehicles
450
61,993
2,643
1,018
720
83,244
3,305
1,272
66.104
88,541
Totsl resources expended
84,733
194,983
Net in¢omel(expenditure
20,773
{22,694)
This page does not fom part of the statutory financial statements
Page 16