forget
.Athlii me
not
"Itsrt￿ childrens
hospice
tIX
THE FORGET ME NOT CHILDREN'S HOSPICE LIMITED
(a company Ilmlfed by guarantee)
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Company registraffon number: 05481614
Charlty number 1110457

THE FORGET ME NOT CHILDREN'S HOSPICE LIMITED
CONTENTS
Page
Report of the Trustees
1-27
Report of the Independent Auditor's
Consolidated statement of financial activities
Consofidated and charfty balance sheet
Consolidated statement of cash flows
28-31
32
33
Note5 to the consolidated finoncial staternents
35-50

THE FORGET ME NOT CHILDREN'S HOSPICE UMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
Report of the Tru$te•s
The Trustees present their annual report together with the audited financial statements of the
Forget Me Not Children'5 Hospice Limited for the year ended 31 March 2025. The Annual report
serve5 the purposes of both a TnJstees' report and a directors, report under company law. The
TTUStees confirm that the Annuol report and finoncial statements of the charitable company
comply with the current statutory requirements. the requirements of the charitable companvs
goveming document ond the provisions of the Statement of Recommended Practice {SORP)
applicable to charities preparing their accounts in accordance wth the Financial Reporling
Slandard applicable in the UK and Republic of Irelond (FRS102) {effective l January 2019) as
amended by Update Bulletin l (effective January 2019).
Since the group and the Charity qualrfy as small undersection 383 of the Companies Act 2006.
the Group strategic report required of medium and large companies under the Companies
Act 2006 (strategic Report and Directors, Report) Regulations 2013 has been omitted.
The Charity's objects are Specifically restricted to the following: The sUPPOrt and relief of
chi7dren resident in fhe United Kingdom with extraordinory medical needs and Iheir families in
porticular, buf not exclusively. by the provision ofchHdren's hospice seryices. communitybased
Ch￿1*able seNices and such other means as the fnjstees shall from time to time determine.
These oblectives are fulfilled through the delivery of holistic core and support for families In the
community, at our purpose-built hosplce - Russell House and in families homes through our
hospice ot home seNice.
Public benefit and eli
criteria
The Twstees confirm that they have referred to the guidance contained in the Chaiity
Commission's general guidance on public benefit when reviewing the Charity's oims and
objectives and in planning future activities.
Forget Me Not Children's Hospice cares for children with life shortening conditions and Iheir
families. Public benefit is derived by the free provision of holistic polliative and end ol life core
services. together wtth associated bereovement support offered to the whole fomily.
Every day we have more families who come lo us forhelp. We know that there are mony more
local families that would benefit from the support we provide. and it is our oim to Teach as
many of the familie5 most in need within the funds we have available. To enable this. we
continue to review our servlces to ensure we are targeting our efforts where they are most
needed.
In setting objectives ond planning for activities, the Trustees have given due conslderalion to
generol guidance published by the Chority Commission relating to public benefit. including
the guidance 'Public benefit: running o chority (P82J'.

THE FORGET ME NOT CHILDREN'S HOSPICE LIMrrED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 (contlnued)
Objecllves and actlvltlei
Slrategles tor achlevlng obJecllv•$
We started out the year with a plaii to conclude the final year of our froilblazer Strategy wlh
o key priorities.,
l. Contlnue to adapt and evolve our services to best support the wide and increasingly
complex challenges that children and famifies who access ovr services face doity.
Building on our success so far. using our pioneering and trailblazing approaches to
find new. cost-effective ways to reach and support more people.
2. Continue to find ways to strengthen our future financial sustainability. ensuring that
OLK model is 'fit for the future, through a mixture of an improved and more
approprtate slatutory funding model. growlh ol existing income streams and
commercial diversification.
In addition to the above. We had set key objective5 as part of a new Finance and Resilience
strategy for 24125 to 29130. These objectNes were:
To ensure our model of care is the most C05t-effective way of supporting more people
wlth increasingly complex needs both now and In the future.
To improve resilience of our systems, facilities. infrastructure and resources to enhance
productivity.
To demonstrate value for money by challenging the way we work.
To bvild our reserves to make sure that we have enough money for now and In the
futvre
The start of this financial year also saw us launch the prfvate phase of a capital oppeal
intended to enable the much-needed future expan￿On of spoce at Russell House.
The fi￿1 holf of the year proved challenging wlth the charity facing a 'perfect slorm, of
continually increasing costs (including announcements from the govemment of increases to
employers, national insurance payments), an increasingly chollenging fvndroising and retail
climote (exacerbated by a cost-of-living crisis and a volatile economy) and an uncertain
statutory funding p051tion reloting to funding previovsly known as the National Children's
Hospice Grant. We were not alone in this challenge. with the hospice sector nationally
reporting a funding crisis. and the worse financial oullook seen in over 20 yeors.
A full reforecast wa5 conducted at the half year point, which indicated that by year end. the
charity would be facing o significont shortfall. At this stoge. the Trustees and Senior
Leadership Teom ISLTI conducted on options appraisol. supported by West Yorkshire
Integraled Care Board {WY ICBI and made a series of decisions which would 5tabilise the
rinoncial outlooL reducing in-year imF)act to protect reseNes and ultimately protecling Ihe
future of the charity.
In November 2024. Ihe followng octions were token,,
A plon to reduce the overheads of the charity by £750K. This included a reduction of
colleague numbers across various functions within the charity.
The lovnch of an urgent appeol to help flll the funding gop whlch was being faced.
The re-design of our care ond fomily support models to ensure that we could
continue to provide vitol services to families within the constraints of financial
pressures Impacting the charity and the sector.
Increased national, regional and local campaigning (including extensive media
coveroge) to highlight the chollenges facing our hospice ond the sector.

THE FORGET ME NOT CHILDREN'S HOSPICE LIMITED
REPOR T OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 {contlnu•d)
Objecllvej and aclmlles {¢onllnved)
Slralegle$ for achl•vlng objecllves (conttnued)
By the end of the flnancial year. these corrective actions had been instrumental in turning
around and sfabilising the financial position of the charity. The urgent appeal generated
£400.708 in donations and increased the commilment from supporters to fundroise in the
year ahead. The cost saving programme has been effective. so far resulting in recurrent.
annualised savings of 7% Icirca £450.000) and we continue to look ot other ways of reducing
cosls through both direct and non-direct actions including Ihe use of systems to automate
tasks and increase productivity. procurement reviews and a rolling review of structures as
vacancies arise, WY ICB also provided additional (non-recurTentl in-year support of £300.CM)O
which helped to miligate the octions needed to reduce costs.
The work to re-design the care and family support offer for families (which was already
underway) was accelerated in response to these challenges to ensure optimum seNice
efficiency and value moving forword. Throughout this challenging period. support for familie5
remained largely uninterTUPted. ond we hove not removed or stopped any of our services.
Unfortunately, we have had to reduce the number of short breaks that we con offer to
families. and in the year ahead. a new process for allocatlng short breaks will be launched
alongslde ofher changes to our osse55ment process and seNice offers.
Positive and constructive dialogue between the WY ICB and the West Yorkshire Hospice
Collaborative IWYHCI has continued, resulting in on increase in recurrent statutory funding in
24125. and a commilment to move lo a more sustainable and equitable fundlng model
moving foward Notional support through the funding scheme fomially known as the
'national children's hosplce grant, was owarded again {wlth a small increase) for 25126 after
an extensive period of national lobbying. although the future of this funding c(HTently remains
vncertain once again.
Our Russell House capital appeal has been ploced on hold. There was no money raised:
however. we hod received a few early pledges of support. Whllst we sfill recognise o pressing
need to create more space to meet the increasing and evolving needs of our community,
as well as increasing demand - we mvst remain focussed on ensuring the sustainability of our
existing model before progressing Ihis ambition. We wrll continue to explore the feasibility of
this expansion alongside ongoing diologue on the commissioning of future services with WY
IC8 and our local authorities.
On 19 December 2024. Department of Health and Social Care {DHSCJ Ministers announced
that the Government was supporting the hospice sector with a £1 00 million capital funding
boost for adult and children's hospices in England. for 24125 and 25126, to ensure they have
the best physical environmenl for core. This funding is administered to hospices via Hospice
UK and is to support charitable hospices to improve or maintain their physical estate. which
will help hospices this financial yeor and next to provide the best end of life core to patients
and their families in a supportive and dignified physical environment. This funding will help
support hospices and deliver much needed lunding for improvements including
refurbishments. overtiauling IT systems and improving facilitie5 for patienls and visitors. The
£1 OOM has been split wth £25M allocated to hospices this financial year. and £75M allocated
to 25126 finoncial year.
In conclusion. 24125 was a challenging year for the charity- and lor Ihe sector. On refi8Cting
on priorities from the stort of the year. in-year aclion was aligned to these prlorities, olbeit with
changes accelerated in response to the challenges faced. We must remoin extremely
caullous, os this year we benefitted from one-off income that we cannot repeat Iurgent
Appeal) or secure again (One off WY ICB suslainabli ity grant) in the future. Therefore, the
surplus position this year must be used to build ourreserves so that we remain stable ond
resllient when faced with financlal chaNenges in the futLKe.

THE FORGET ME NOT CHILDREN'S HOSPICE LIMrrED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 (contlnued)
ObJecHves and acllvlHes (conllnued)
Slrotegles lor a¢hlevlng obJecflv•s (contlnu•d)
We must remain pioneerfng and courageous in seeking ways lo collaborate and create
efficiencies to reduce our future cost base. as well as grow our income and reach in a
managed vffjy. The fulure direction of the charity will focus heavi￿ on pvhing finances on a
firmer footing, ensuring that we can be here to provide vital care and support for children
and families. today. lomorrow ond in the future.
Care Services - a review of the yeor
This year we have seen integrated core in action and strengthened support for familie5. This
morked a significant slep forward in ourcommitment to delivering holistic. fomily<enlred care.
At the heart of this progress was the review of OLf care model. tlyough meaningful
engagement with bolh lamilies and staff. The new model (which will be rolled out in the year
aheadl tsing5 together clinical and fami￿ Supp￿ under a single. integrated framework.
ensuring that care is not only medically sound but also emotionally and practically supportive.
A key innovation wos the introductlon of Family Link Worker5, WIK) now play a vilal role In
guiding families through often complex systems. These dedicated profe55ionols help tailor
5UPPOrt lo each family's unique clrcumstances. en5vring that no one feels lost or oveDNhelmed
during their care jowiey. We also started to expand our volvnteer-supported care, by taking
steps to increase our volunteer copaclty to deliver seNices bolh at Russell House and wlthin
the wider community. Volunteers will become an essential part of ourcare and support System.
offering practical help and emotional SUppC￿ that enhances the overall experience f<x
families. The Volunteer to Career progromme, funded by Hosplce UK has allowed us to design
and implement stwctured, meaningful career pathways for volunteers. porticularly in clinical
and care roles. Volunleers will now be suppt)rted through immersive exp￿]enCeS that align
with workfcKce needs. includlng routes into nursing associale roles and other healthcare
careers.
We ore proud to have exlended our impacl in terms of equlty and reach through continued
success in reoching ethnically diverse communities. ond we remain confident that ourservices
ore inclusive. accessible. and representative of the populotions we serve. Thls commitment to
equity is centftjl to our nNssion and informs every aspect of our service delivery.
In portnership with Martin House Children'5 Hospice and the West Yorkshire Integrated Care
Board {ICBI. we piloted an out of hours telephone advtce line. This initiative extended our
reach to families who not cwenttry be receiving polliative care. offering them timely
support and guidance when they need it mosl.
This year also embraced strategic partnerships and research in building our future and saw the
launch of a Knowledge Transfer Partnership with the University of Hvddersfield. a milestone in
our jowney toward becoming a research-informed organisation. Thi5 Collabc￿tion is akeacty
supporting strategic developmenl through the evenlual creation of a new blueprint for Ihe
future of FMN ond will atso help us to embed evidence-based practice across all oreas of care.
We continued to invest in the fulure of our workforce through the Tralnee Nurse Associate
Nurse Degree Apprenticeship ond ANP development programmes. These inittatives ore not
only building internal capacity but otso nurturing the nexl generotk)n of compassionate. skil￿d
professionals.
Poster presentations al conferences (local￿. nationally and intemolionallyl and vrfinning
awards. specifically in perinatal care. has helped to raise our national profile and credibifity
within the sector. These octivities have helped secwe funding and influence policy discussions.
while also improving inlemol learnlng ond servlce quality.

THE FORGET ME NOT CHILDREN'S HOSPICE UMITED
REPORT OF THE TRUSTEES FOR THE YEAR E14DED 31 MARCH 2025 (Gontlnu•d)
Objecllves and actlvltles {contJnued)
Revlew ol actlvllles (contlnued)
Core Services - a review of the year (continuedj
Additionally. they've sparked momentum for research ond evaluatlon, reinforcing the
organlsation's leadershlp in compossionole, evKJence-based palliative care.
We strengthened our case for svpport by recognlslng the importance of demonstrating o
impact and volue, ond we placed a renewed focus on improving our data Systems. This wo
is enabling us to better capture and communicate the impact of our services, parlicularty in
conversation5 With 5talutory funder5. By aligning data collection with our strategic goals. we
are ensuring that our outcomes are visible. measurable. and meaningful.
We value transporency and therefore wont to help donors ond funders understand more
about how their support makes a difference to our children and fomilies across all communltFes
in West Yorkshire,.
Our year in
numbers
I W• & ddiv•rod..
372
hours of
nd of lif• <ar•
1075
individuals
supported
￿￿￿F￿￿jh•*l
107 74 50 249 |
303
933
btrtavement
$UPPgrt s*ssion5
100
.' ￿p￿1￿>s
p*
515
-hydrthÈrapy *e5s1ons
Income Generalion - a revlew of the yeor
We are very grateful for the amazing generoslty of our donors. supporters and funders.
especlolly as we have seen growth from our donors and the communlty this year.
The shape of our income profile has changed only sfightly this year to Ihat of the previous year.
The 'pie' allocation for 2025 and 2024 is demonslrated below..

THE FORGET ME NOT CHILDREN'S HOSPICE UMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 (contlnu•d)
ObJecllv•s and ocllvllles (conllnved)
Revlew of aclmffej (conflnued)
Income Generation - a review of the year {continuedJ
Total Income £6,822,294 - splil 2025
6%
8%
22%
Donatlons
1%
Gronts
* Le8acles
• Shops
Lotterv
Fundra1$￿8 events
1 14%
Non Recurrent Income from
charltable arthrtttes
Recurrent I￿orne11•￿
charltable 8(tfvitl¢s
. Other Inwme
31%.
Total Incorne £5,819,200- split 2024
J9%
Lk)natlons
1%
5%
Grants
Legacles
Shops
* Lotterv
iJ6%
• Fundralsln8 events
Non Rtturrert Income from
<harltable actrdiiies
Rerunent Income Irom
harltable actmtles
Other Income
33%_
7%
Total fundraising income thls year, mode up of donations. grants and legacies was £3,129.601
{2024: £2.428.7351. This increase reflects the positive impact of the urgent appeal and a record
year in legacy income.
Donations this year of £1.495.587 {2024: £1.090,735) are ohead of the prior year. This 15 largely
due to the urgent appeal which launched in December 2024 and closed 31 March 2025.
raising £400,708.
Total grant income of £943.12012024: £906.502) was received. This includes the govemment
capilal grant of £75,232. We received just 8.3Y I￿Or year 9.5%) of total income from The
Children's Hospice Fundlng {funding previously known as the Children's Palllotive Care Grant).

THE FORGET ME NOT CHILDREN'S HOSPICE UMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 20251contlnued)
ObJecllve$ and aclmllej {contlnved)
Revlew ol aclmffes (conllnved)
Income Generation - o review of the year
We received legacies of £690.895 (2024: £431.499 and 2023: £275.7221. This includes legacy
occruals at yeor end of £189, 7 51 (2024: £7,0￿). OLX Legacy income this year is the highest we
have ever received in one year.
In Tradlng, we have seen onother strong Income performance seeing shop sales increase by
9.6%. Trading income In total increosed to £l131.11812024: £1.944,350) as we hod a full year
of Irading in our Wakefield store ond Implemented inttlalives to b005t shop soles across the
retail estate.
Income from charity lottery has increased by 3.7% (due lo the positive impact of our lottery
growth campaign aclivity in 2024) and generated income of £332.632 {2024: £320.859).
Unfortunately, dve to resource constroints experienced by the extemal canvasslng ogency in
2024 we coukl not wn our canvassing campaign for most of this financial yeor, meaning that
the player base has now grown as antlcipated during thts period
Fundraising events income has decreased this year to £181,951 (2024: £198,660). Thts is due to
the special event ball being biennial ond wlll be next held in the 25126 financial year.
Income from charitable acllvities during the yeor was £650.92712024: £337,438). Our charitable
income has increosed In 2025 due lo non-recuThent support received from West Yorkshire
Integrated Care Board IICBI of £300.000. In oddition. thls year for the fwst Ilme we received
recuffent funding of £192,000 which has increased to 8% {2024." 1 %) of total income as a result
the commitment of WY ICB (through dialogue with the West Yorkshire Hospice Collaborative)
to work towards o more sustoinable funding model for hospices Iprevlous funding prior to 2024
was a non-reCU￿ent grant of £200,000). Tolal public sector recuffent funding increased to
11 .9% of total income.
Thls year we were successful with pilot projects funded by local NHS provKJers. West
Yorkshire ICB funded an Out of Hours telephone advlce line totaifing £59,088 from October
2024 to March 2025 and NHS Greater Manchester funded speclalisl Out of Hours support of
£30,240 from October 2￿24 to September 20251£15.120 this financlol yecrj.
Other income this year of £395.310 (2024: £587,135) has decreosed, lorgely dve to continuing
care Income decreasing to £332.5CIJ (2024: £543.669). In the prior year, we had ongoing long-
term placements. whereas this was not the case this year.
Follcwing an aword in the previous financial yeor. recognising our community capacity
building work- particuloty within South Asian communitie5, this has continued to grow through
the development of relatlonships with key influencers across the community.
People ond Re50urces- a review of the year
Some of the plans we set oul to achleve this year have been delayed due to our change
process that drew on Ihe capaclty of our small Hvman Resources team. However, despite the
challenges huge progress has still been made dLwing the year. and we hove strategies in place
to take hold of and embed into next year.
We started working on developing our, Forget Me Not Way, culture and drafted on intranet
employee handbook for ovr employees as o single SOLrce of truth; this incorporales our core
values, ovr People Promise, our Leadership trails. our commitment fo Eqvalify. Diversity and
Inclusion IED&I) ond how we work at Forget Me Nol.

THE FORGET ME NOT CHILDREN'S HOSPICE LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 20251contlnued)
ObJe¢ffv•s and acffvme¥ (contlnued)
Revlew of a¢llvNles (conllnued}
People and Resources- a review of the year (continued
We have created an overarching People Statement, and this encompasses both our
employees and volunteers. Within this, we have built our People strategies (an Employee
Strategy and a Volunteer Slrategyl ond each strategy is supported by plans whlch we will
embed over the next 3 yeors.
The plans of our Employee People Strategy are focvssed on:
Altract and Retain
Growth and Development
Diversity and Befonging
Wellbeing and Reslllence
The plans of our Volunteer People Stralegy ore focussed on:
Attract and Retain
Tools and Resources
Inclusive and Enjoyable
Fit for the Future
We have kept OLY 'People Promise, olive:
Allra¢tr. We introduced an inclusive recwitment strategy and have worked with
recruiting managers to create a suite of values and competency-based intwiew
questions, more options around interview techniques to create consistency around the
process. A huge amount of improvement has been made In our Trading team
Al Your Slde; We continue to focus on mental, physicol. emotional and financlal
wellbeing offering resilience sessions, occess to ovr Employee Assistance Programme,
additional trainlng on stress in the workplace, neurodiversity in the WOF*place and
sexual harassment in the wC￿pkICe. In addition. we embrace flexible working and do
our best to accommodate these requests. During the year we introduced improved
benefits, Including pension contiibutions through salary exchange and an additional
day's holiday for b￿thdaYS.
Aldlng Gyowlh: Continued to Invest in growlh and developrnent of our people through
the apprenticeship levy. This year we ore supporting seven people to achieve formal
quafification5 relevanl to their roles which range from Level 3 to Level 7 os well as
growing our own nurse5. All employees, managers and leaders have been trained on
'Speaking Up, Listening Up and Acting Up, at the opproprlale level and there is
guidance and support availoble to all employees.
Advoca¢y: Considering the challenging year we have had we are proud to see high
staff sotisfaction rate thls year of 80% even ttiough this is slightly lower than Ihe prior
year of 84%. This is based on the percentage of staff who would recommend a frlend
to work at Forget Me Not. The strength and power of advocacy has been
demonstrated perfectly this year with colleagues. volunteers and supporters standing
by us, helping to ampffty our messages as we foced challenging times.
We have ensured that equality. diversity and inclusion run throughoul all our organisatlonal
strategies and continue to measure our performance against targets through staff and
volunteer ED&1 surveys, new starters and inclusive recruitment practices.
We continued to engage across wider teams embracing our distributed leadership approach
through numerous 'task force, groups successfully re501ving organisational challenges and

THE FORGET ME NOT CHILDREN'S HOSPICE LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 (contlnu•d)
ObJ•cllve$ and acllvlNes (conllnu•d)
Revlew ol actlvlffe$ (contlnued)
People and Resources- a review of the yeor (continued
working together to make a real impoct in maklng decisions. solving problems and moving
projects and strofegies forword.
We believe in recognising and celebrating the hard work and dedication of our workforce.
We shore our gratitude through sending informal thank you nominations to each other on our
HR system. the Senior management teom nominate individuals for recognition every quarter
who receive a personal thank you cord, and we celebrate length of service rnileslones with
per50nalised cords Irom our CEO. badges and certificates at our onnual oll team away doy.
We're incredibly proud to share thol our midwife has been honoured with two prestigious
awards: the Excellence in Infant Feeding Education Award for her pioneering work on
Lactotion After L05s. and the SOFf UK Outstanding Compassionate Care Award. These
occolade5 recognise her exceptional dedicalion. empathy. and expertlse in supporting
families throvgh some of their m05t vulnerable momenls.
Momentum hos continued in enhancing systems and automating processes to improve
efficiencies and sustoin the volume of workflow, ensuring compliance and excellent
govemance is in place. We introduced a new volunteer system whlch has substantlol
enhanced the whole volunteer experlence. We introduced a new risk management system
which h05 Streamlined and automated our incident reporting process and risk manogement
process. We continued to use further aulomation of processes. such as movlng our expenses
process to our HR system and using our care rota system to produce automated payroll
information. We launched our new supporter database In ￿ndraising thls year. creoling
substantial efficiencies and resilience being cloud based and Al (Artificlol Intelligence)
compatlble.
We hove fully reviewed our IT support and services this yeor. worknng in collaborolion wilh The
Kirkwood and did a substantial amount of work to transition our IT support desk to a new
provider os from April 2025. We have olso trialled and tested CoPilot amongst the Senlor
Leadership Team with full buy In and support to introduce lo o select wider team.
Our priority this year has been around the efficiencies and resilience of our buildings
equipment. Systems and resources lo ensure Ihal we are fit for the future. We have invested
and will continue to invest in our care aclivity data to ensure it is robust and reliable. our systems
are fil for purpose and thal we embrace emerging technology.
Govemonce- a review of the year
The board continue lo drive a culture of continual improvement through the board
effectiveness and review program which includes an annual review of both the moin bo(ffd
ond each trustee sub-committee and an appraisol of each trustee. This approoch continues
lo work well and promotes a good ftow of conversation and challenge.
Meetings during the year have been held bolh in person and online. and trustees are
encouraged and sUPPOrted to interact with colleagues across the organisation oulside of this.
Govemonce - a review of the year (continuedj
Regular Iru5tee Induction and deep-dive sesslons have continued, allowlng new and extsllng
trustees the opportunity to learn more about different parts of the organlsation. Some trustees
have olso spent o 'day in care, during this year which hos been invaluable in helping them to
get closer to the work that we do, Trustees continue to support in other ways like attendlng
events ot Russell House and in the communty.

THE FORGEf ME NOT CHILDREN'S HOSPICE UMrrED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 (contlnuèd)
ObJecNve$ and actMtle$ (conllnved)
R•vlew of acllvlmes (conffnved}
Governonce- a review of the yeor
We have continued to evolve our Governance and Assurance Framework, encompasslng all
areas of the organisation. This is a working document that includes oll regulatlons that we must
comply with and how we can demonstrate or evidence complionce, providing ossvronce to
the board.
In addition. this year we introdvced our Integrated Governance Framework which
incorporates our clinical governance and ovr corporate governance Into one slreamlined
doc.ument.
Risks across the organisotion are revlewed on an ongoing basis by SMT ond SLT. Rlsks ore
escolated to trustee sub-committees and the main board depending on their risk score. Risks
are discussed at every trustee meeting.
In 24/25 we conlinued to revlew the Skills mix amongst our tnjstees to ensure that all of the skills
required to form an effective board were covered. This is done using a structured skills matthA
ond audit and the same tool is used dLrfng trustee recwitment. Our trustee board was
strengthened durfng the year through the recwrfment of new trustees into our Cllnicol
Govemance, Audit Finonce and Risk. ond Trading svb-commlttees. In the year ahead. we will
add further skills to the charity by introducing and actively recruiting to the volunteer role of
Independent Advi50r. This role allows us to recruit new volunteers with Specific skills to help
svpport the cu￿ent direction of the charity, inpvt into specific projects and create svccession
should opportunities arise to become a Trustee or Trading Director in the future.
Clinical Govemance - a review of the year
A robusl and well embedded clinical govemance process has been Sn place for several years.
This includes a comblned Quality and Assurance meeting encompassing. safeguardlng,
medicines monagement, Incident manogement, infectlon prevention and control. education
and research and clinical audit. and feeds into the Irustee led clinical governance committee.
We olso have a system by which we can enswe all staff hove acce5S to all clinical policies and
must slgn to say they have read and understood new policies or changes to existing ones. We
have continued to work with the regulolor, The Core Quality Comm1s5ion ICQCI fo ensure we
are meeting the CQC domains of safe. effective, responsive. caring and well-led care ond
working within the new ossessment framewo￿.
We were extremely proud to have recelved a maintained Outstandlng rating from the CQC
in Janvary 2024 which we carried into this financiol year.
Our Clinlcal Audit Schedule is revlewed on an annual basis and confirmed by the Clinical
Govemance Committee. ensuring that we continuolly locus our audits on the areas thal we
need to continuously improve.
io

THE FORGET ME NOT CHILDREN'S HOSPICE LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 {contlnu•d)
Plans for future perlods
The year ahead will see us refresh our organisationol strategy. Our strolegy wrll be built on 4
key strategic pillars..
We wlll strengthen OLf foundations. allowing us to thrive and built on the strength of
our people and the power of dato.
We wrll continue to provide exemplary. perSOr￿lIsed care and support to children
and families who need our help today. tomorrow and in Ihe future.
We wll increase our financial sustainability and resilience by pulling the charity on a
firmer financiol footing so that our future is truly protected.
We will enSLre that our facilities and infraslructure (ye resifient and fft for the future.
Each of the above pillars will consist of a clear set of goals which will guide the direction of
Ihe organisation fcy the nexrt thee yea￿. To deliver these goals. we will develop and
implement a series of tactic5 and inilialives. and we v￿1[ monitor and review the effectiveness
of our new strategy through a series of robust ovtcome and KPI focu5sed measures.
Alongside this new strategy. we will work with the Unprfetsity of Huddersfield through a
KnovAedge Transfer Partnership to create a 'bluep￿nt, for the future- looking beyond the
next three years to understand how the organisation wlll need to evolve to remain
5UStalnable ond to best support families in the future.
We will continue to focu5 on the embedding of changes made in the prior year including the
implementation of new holistic 055essment framework, link worker opproach. new short
breaks model and new model of care and support for fomilies. All these changes are
designed to ensure optimum return on funds generated and the best possible ovtcomes for
chddren and lamilies.
Dialogue wth ICB'S and local ovthorities will continue os will our advocacy and
campoignlng for a better, more sustainable recuffent funding model to sustain our core and
specialist hosplce services.
We will continue to focus on building our reserves. extending our reach. growng and
dlversitying our income (trading and commercial growlh is fijnded through the Key Fund loan
and grant). and plan to complete copilal wcrfks and projects using our allocaled amount of
£225.696 in 25/26 frorn the govemment capital gront to enhance our building. IT equipment
and systems improving our organisalionol resilience.
We will continue to embed our Values and make bring them to life:
Carfng: We are one team and will atways be kind. considerate and svpportive.
Covrageovs: Together we have the strength and Conf￿enCe to make brave chorces.
Posllive: We are passionate about making a difference and being Ihe best. we can be.
Ploneerlng: We challenge the status quo to make things betleT for children and families.
Genulne: We are Irue to ourselves ond others.
C(yre Services- Looking ahead
Looklng ahead. the coming year presents o pivotal opportunity to deepen the Impact of our
Core Strategy and bring our vision for inclvsive, family-centred support to rite.
We will continue to embed the tlered Model of Care across oll servlces, ensuring it is fully
aligned with workforce capoblllties and service delivery pathways. A strong focus wlll be
placed on mea5vring outcomes and demonstrating impact. ensuring that ovr work remains
evidence-based and responsive. The transformation of ovr Short Breaks offer wfll be fully
reafised. with equitable access, transparent govemance. and family-led planning ot its core.
li

THE FORGET ME NOT CHILDREN'S H08PICE LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 (contlnued)
Plans for firfure p•rlods {conllnu•d)
Care Services- Looking ahead (continuedl
We will strengthen our workforce throvgh targeted plannlng, role redesign, and svccession
strategies, while also expanding our volunteer base to enhance the famlly experience. Cross-
sector collaboration wlll be a key driver of innovation ond integration, supported by a shored
learnlng framework that promotes continuous education across our ne￿ork.
The 'Link Worker, model will further support famllles to access hollstic, toilored svpport which
will include navigation and Signpo￿lng. The development of our Systmone roodmap wll
enable more effective digital coordination. increased efficiency and data captLKe.
Underpinning all of this wlll be a robust governance framework thot ensures we meet and
exceed regulatory expectations. porticularly in preparolion for future CQC inspections.
Thls year. we ore focused not only on delivering vital seNrces to chlldren and families, but also
on building the infrastruclvre. partnerships. and CUlt￿e that will sustain and grow our impacl
for years to come.
Income generation - looking oheod
In fundraising. we will contlnue lo rollout growth plans that underpin the areos already
identified as having opportunitie5 to grow aligned to OLK Strategy. Our key strategic aim of
growing income from regular, reliable income streams wtll continue in Ihe year ahead. One of
Ihe biggest strategic focvses is growing our Income from gifts in Wills. We are invesllng in our
Legacy wogramme inlernally. upgrarfing ovr Free Wllls offer. creating new materials ond face-
to-face events to engage supporters. as well as participating in o multi-yeor national
campaign run by Hospice UK to Increase legacy owareness.
Growlh is budgeted across all income streams and will be achieved through a combination
of organic and targeted growth stralegies. Investment in fundraising will be carefully controlled
and gradual with robust ROI calculations applied.
In 24/25, we invested In the implementation of a new supporter datobase which went live l sl
Aprll 2025. This will allow us to better steword and communicale supporters and lay foundations
for significantly increaslng the size of our supporter base over the next &yeors.
In Retoil. we wll continue to strengthen profit generoted by our existing shop pcrtfofio by
optimising efficiency and productivity and maxlmising Ihe return from sales of donated goods.
We will also pwsue growth plons to extend our retail estate. We anticipote that this wlll include
the acquisition and opening of up to three new retoil locations in 25126.
In the year ohead. we wtll also refresh our retail strategy to align with the new organlsational
strategy, this will form the direction of travel for retail over the next three years.
We will also contlnue ow income diversificatlon joumey Ihrough the rollout of new commercial
concepts that will form the starting point of o new income stream through a newly formed.
second trading subsidiary. This diversification is vital whilst we conlinue to navigale the
uncertalnty of statutory funding for Children's Hospice services.
In support of all the above, we will continue to dellver our Marketlng, Communicatlons ond
Engagement strategy using key channels like our new website. Investment into our social
media platforms, Ihe promotion of an advocacy-based approach and growng our supporter
base.
12

THE FORGET ME NOT CHILDREN'S HOSPICE LIMrrED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 (contlnued)
Plan$ for luture perfods (conllnued)
Income genenjtion - looking oheod (continuedj
This yeor. we also started to implement a new commercial strategy. Thls work has enabled us
to identify opportunities to diversify income. We also grew our promotions around facilities hire
ond professional trainlng as ways to generate additional commercial income.
Supporhng ourpeople. resources and re&lience - looking ahead
We will continue developing OLf' Forgel Me Not Woy, culture and plan lo kjunch our
Employee Handbook as an intranet in September 2025 which will incorporate oll the
information that employees may need in one easily occessible place and serve os a single
SOLrce of truth.
We will look al our core values and ensure Ihot all employees can relate and feel connected
in terms of whal our values mean to them. We plon to embed our Leadership traits
framework through facilitation and bring them to life. as part of leadership development.
We plan to improve our wellbeing offer further by introducing a Compassionate Cullures
Project that will focus on creative heallh and mental wealth, cddressing women in the
workplace. men's health and generotional cultse differences.
We will keep our People Promise alive ensurfng that we attract the b65t people. we are at the
side of our people so that they feel valued and supported. we aid growth so that our people
can achleve their full potential and our people ore advocates by feeling provd to work at
Forget Me Not and inspired to share our story wilh others.
We will embed the first year of our people related slrategies (employees and volvnleers) vAlh
robust plans that sit behind each strategy. Ultlmately, we will create a culture and
environment where employees can thrive. and where their skills and contrfbutions drfve us
forward.
We vill be embedding our Volunleer Strategy. By Increosing our volunteering contrfbulion and
diversity there will be increased capacity to support families in line with our new model of
core and more support to help generate income both through direct fundraising and through
our retail estate. This Strategy helps us deliver our promise by 5hovrfng that we are serious about
vokjnteering and how we will continue to improve the volunteering experlence for everyone
who gives their time to support U5.
Robust fjve-year workforce planning will take place across all department5 in line with our
Strategic Plan and departmental strotegies. We will focu5 on our model of care, ensuring that
we maintain a sustainable and holistic care strategy. We will continue to invest in people in
income generation and trading with a focus on growing ovrreach and diversifying our income
in a balanced and managed way. whilst ensuring that we have the most efficient resources
to support resilience ond grow our re￿rVes.
We will capture learning and development opportunities through our organisational Trainiro
Matrix and do our best to support the learning ond growth of our people. capitalising on the
apprenticeship levy.
There wlll be a continued focus on our IT systems and automating processes to Improve
efficiencles and sustaln the volume of workflow. ensuring compliance and excellent
governance is in place. We are introducing o new flnance system which will rodically improve
resnlence as we wlll be able to move our servers to the cloud. In addition. the new finance
syslem will automote manual processes and svbstanlially reduce paper and therefore support
our carbon strategy os well os bring in reol time eKiciencles. We will continue to develop the
13

THE FORGET ME NOT CHILDREN'S HOSPICE UMrrED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 (contlnuod)
Plons for lulure perlods (conllnu•d)
Income generation - looking ahead (contlnuedj
Vantage system to automate processes including risk management, organisationol policies
Care Quallly Commission ICQC) compliance. HR processes such as risk assessments ond
recrultment fom5 ond retail estate leases which will vltlmately streamline our Internal processes
further.
We have resilience plans in ploce for our buildings, equipment. syslems and resources which
will continue to be Implemented. We have on Al Workforce plan In place Ihat wll ensure Ihot
vrfe provide the right support and tools to key stakeholders and inhouse mosterclasses to
develop skills. At the same time. we are encouraging employees to become 'AI Champions,
by completlng professional quolificotlons throvgh the apprenticeship scheme.
We are developing a three-yeor Data Strategy that will incorporate a data roodmap for the
organisalion. with the focus next year being around ensuring that our core dato is robust.
reliable and fit for purpose.
Inveslmenl powers and poll
The Bo(Yd review the Investment policy on an annual basis. The key element5 to the policy are
below.
In accordance with the Articles of Association. the Charity has the power to deposlt (x invest
funds. and employ a professional fund manager. in the some manner and svb}ecl to the same
conditions 05 the Trustees of a Trusl ore pemiitted to do by the Trustee Act 2CVJO. In summary:
Tnjstees have a duty to maximise the return of the Charity's fund,.
Trustee5 have o duty not to risk the fund in hozardous or speculative investmenl.
Trvstees must consider the suitabllfty of investments and the need for dIVe￿irlCQt1On.
Trustees are reqvired to acl honestly and with prudence,.
Trvstees hove the power to Invest in the same range of investments as an obsolute
owner (unless there are restrictions in the governing documenti.
The Board of Trustees hcve delegated investment decisions to the Audit, Finance and Risk
Committee. The Audlt, Finance and Risk Committee have responslbility for recommending
strategy and manoglng and monitoring the investment assets, In line with this inveslment
policy. The commlttee will review the Investment information provided at each qvartety
meeting. We currently have a Iow-rfsk investment of £250.000 in o CAF Flagstone portfolio
which are In fixed tenn deposits and managed and monltored by the Finance and Corporate
Seryices Director.
14

THE FORGET ME NOT CHILDREN'S HOSPICE LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 (Cl￿11nU9d}
Flnunclal revlew
Flnanclal performance
During the year net incoming resources of £401.329 (2024: £19,368) were added to reserves.
Within total incoming resources of £6.820.268 {2024: £5.817.1781. w05 £3.129.601 which equates
to 45.9%12024: £2.428.736 - 41.8%) received by way of donalion5. grants and legacies. The
sources of this voluntary fundraising income have been broadened to avoid reliance in any
one area.
Income from trading activities was £2.645.70212024: £2,463.859- 42%) which equates to 38.8%
received through our shops. lottery and fvndroi5ing events. This area of income has
substantially increased thi5 year largeW due to improved shop income pertormance and
steady lottery growth.
Net profit from shop activities has seen a further decline in performance to date of £316.123
{2024: £362.489) because of increased pay costs due to national living wage rises and ongoing
cost pressure5 across the estate. The Online shop could not trade for over half of the year due
lo resource challenges. and this has adversely impacted net profit.
Net profit for the lottery increased to £227.492 12024". £117,996) largely dve lo the ongoing
canvosser compaign in the prior year which is funded by an investor. This year hos proved
challengSng for our lottery canvassing with no canvassing belween Apnl 24 and July 24. A new
contract for lottery canvasslng commenced in July 2024, however they 5tnJggled to recruit
canvassers and provided limited new lollery lines. This led to a further stagnation of canvassing,
with no leads generated wilhin the final slx months of the financlol year. This has the￿fOre
meant cost savings were made thls year.
The Charity recelves income from the generosily of the public, raised in many woys such as
through support from corporate companies. trusts and foundations, major donors.
communrfy supporters. legacies, lottery. fundraSslng events and from the pubfic sector INHS &
Local Authorilyl. This year the govemment committed capifal funding for hospices, and we
received an amovnf of £75.232 via Hospice UK as our dislribvtion of the £25M bosed on a set
and consistent colculotion. We evidenced the full 24125 allocatlon wlthin our capltal
expenditure during the year.
other income of £394.039 (2024: £587.135 include5 income raised through continuing ca
packages. redeployment of skills. professionol training ond interest received. This area of
income generation hos substantially reduced because of our continuing core offer and the
chollenges we experienced Ihis year around resource ond capocity. alongside creating a
more flexible and sustainable short breaks offer.
Charitable activities. includes restricted funding of £1 09208 which includes non-rec￿Tent
fvnding from Wokefield Place (NHS) for Matemal Mental Health services of £35.000 {2024:
£88,556) although. unfortunotely there is no longer further funding avali able for Ihis service. In
oddition. this year we have received restricted non recuffent funding for fvio pilot project5. a
recutTent gront and a one off non recurrent grant from WY ICB. See the note 7 lo the accounls
fcK more detail on funding sources.
The NHSE Children's Palliative Care grant equates to just 8.3% (2024: 9.5%) of consolidated
income and 15.3% (2024: 16.8%} of choritable activitie5 costs. NHS England announced that
funding for children's hospices will remain in place into 2025126 however the gronl is being
distrtbuted In the system vio the Integrated Care Board {ICB).
Staff costs have increosed by 14.6% since lost yeor. Staff costs for the year were £4,718.420
12024: £4.116,5471. staff costs as a percentage of tolal costs w8re 73.5% during the year {2024:
71%).
15

THE. FORGET ME NOT CHILDREN'S HOSPICE UMrrED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 (contlnued)
Flnanclal revl•w (conllnved)
Flnanclol performance (contlnved)
Average staff FTE numbers have Increased to 119 (2024.'l111 largely due to investlng in
expanding our retail estate seeing an oddilional 7 FfE thls yeor.
Auto enrolment employer contsibution5 are o basic 3%, managers receive 5% matching
contributlons. and we introduced o malchlng contribution of 7.5% *or charity staff this yeor.
subject to solary exchange rules. Most stolf contribvte to the People's Pension Scheme. In
addltion. w8 operate on NHS Pension Scheme under a directive and for the past 2 years we
have seen the employer's conlribution rise from 14.38% to 20.68%, however the increase
continues to be funded by NHS England. There is still no confirmation from NHS England beyond
2026 of how hospices might be supporled lo afford Ihese pension Increases ond as such the
NHS Pension scheme has been closed fo new members slnce October 2019 as a way of
controlling costs. There Is also a challenge in that some staff are recerving a substantlal pension
benefif. whilst the majority are on the most basic pension benefit. We started to address this
issue as port of the onnuol budgeting process and introduced an option in 23124 for staff to
increase their employee contiibvtion by l % (or more) and Ihen we will Increase employer
conlributions to 4%. This year we introduced the higher matching 7.5% contribution (subject to
solory exchange rules) to continue to oddress pension inequafities.
Total costs have increased Substantial￿ to £6,418,476 (2024.. £5,797,810). Hospice UK have
precficted that on average hospice costs wll increase by £500k per annum for many years to
come due to wage Inflation and the impact of the cost-of-1￿1ng crisis~ thts yearwe have seen
ovr costs increase by £620,666 (2024.. £942,548). The majority of this is pay costs and investment
in roles to prepare for growth and diversification of ail our Income streams including costs
dlrectly related to expanding our retall estate.
The work of volunteers wrthin the Chaiily is fundamental to the growth and sustainability of
funds. Without their continued support rt is envisoged thal costs of employing support staff and
fundraisers wovld amovnt to on additional annualised cost of over £595,C()0 (2024: £521.000)
based on an overage of 52,064 (2024: 50.0001 volunteer houts at national livlng wage. given
during on average year. The Trustees wish to express their slncere gratitvde to every volvnleer
for thelr generosity and the grft of tlme.
Spending on chorltable aclivilies was £8,697,604 (2024.. £3,276.065J. The percentoge spend on
charitable actlvlties versus consolKlated costs {includes retail costs) is 57.6% {2024: 56.5%). In
the Charity. the percentage spend on charitable octivities (excluding retail costs) is 80.3%
(2024: 77.7%).
We value transparency and therefore wont to help donors and funders understand more
aboul how their money is spent and why it 15 spenl thot way;
16

THE FORGET ME NOT CHILDREN'S HOSPICE LIMrrED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 {contlnu•d)
*￿￿.- forget me not
thildren s hospice
Vlhy do w• hov• oYwh•od (Mls? •)d Sir •d•y. W
Ii+>K¢. ond <*or•r. th4y k+
Eval1￿*14)n
Environmenlol
sustainability
Datix rknii h
Suppvtor .
Insi
goY6rnoN•
Learning ond
developmenl
Quality and
complia￿e
pl￿nIng ond
! performance
Mar￿9￿ment pnd
Legal
Finon(e and
ovdst, hi<c•m•
gw4totit
Conlent
Compony
$0(r•tory
IT, Digital
optimisation
"I f mploym•nt,
Volunt•rfinq,
Property and
fo<ilities
Prtxvremenl
17

THE FORGET ME NOT CHILDREN'S HOSPICE UMTTED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 (￿ntinUed)
Flnanclal revlew {conllnued)
Reserve$ pollcy
The total unrestricted and restrlcted reserves held on 31 March 2025 was £3.954.047 (2024:
£3.552.718).
The current level of cashlinvestments held by Forget Me Not Children's Hospice is £1.414.578
{2024: £904.5601. However true cash. after loan liabilities due within one year of £30.OtK)12024:
£30.Lll)) {note 181 and loan liabilities falling due in more than one year of £197,897 (2024".
£105.500) (note 19) 15 £1.186.681 {2024: £769.0601 arKJ is allocated for emergency reserves.
The balance of unrestricted reserves held is £3.804.047 (2024: £3.428.395J which is maintained
to ensure that there are sufficient funds to provide care and continue lo reach more chli dren
and families that need our support.
There is o designated reserve allocated thi5 year of £50.OLK) (2024: nill which is for oddressing
pay gaps in 2025126 should OLY financial performance allow it and lo ensure Ihat we can
recrvit and retain staff in terms of market changes ond competition
The reserve funds policy Is to have sufficient reserve5 to cover expendilvre on choritable
activities for one yeor ond set aside for emergency purposes only. In addilion, there should be
available cosh reserves of three months of charitoble expenditure.
The immedlale strotegy lo build reserves and financlal strength is being addressed. and
assurance measures can be demonstrated as follows:
Continued campalgning and lobbying for a svstalnable funding model for children's
hospices.
Allocating legacy income to build reserve funds:
Robust management and control of our resources ond serylce model
Building our capocity to genefate and drversify our income portfolio
Improving efficiencies and cost saving meoswes t￿ough collaboration opportunities
Targeted. cause led grant applications
The alm of our 3-year reseNes buildlng roodmap {2025 to 2028) is to build and mointain true
emergency cash reserves of 6 month5 of charity running costs and success in 2028 wll be to
hold £3 million in cash reserves. True emergency reserves at 31 March 2025 were £l.186.681
which fell above t(Yget of £1 million due to the urgenl appeal and one-off support during the
yeor. We have a finance stralegy in place that airns to build reserves $0 that we have enough
money for now and in the future. This focus oligns clearly with ow stralegic pillar to place our
finonces on a li￿ner footing.
Reserve Funds are reviewed al each AFR committee meeting as part of the finoncial reporting
process ond sUPPOrting cash flow forecast. Reserve levets vrfill be reset appro￿10*e1y. after
consideration of cost challenges set and ochieved and confirmation of successful income in
the pipeline. to ensure Ihat the levets meet the needs of the strategic direction of the Hospice.
The Trustees consider il pnjdent that reserves other than restricted and designoted should be
Sufficient:
To avold the necessity of reallslng r￿ed assets held for the Ch(Thty's use:
To provide protection ogalnst any possible decline in future income from fundraising
and donations in general.
18

THE FORGET ME NOT CHILDREN'S HOSPICE LIMrrED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 (contlnu•d)
Flnanclal revlew (conllnved)
Reserves pollcy (conllnved)
Emer enc Reserves
Forgel Me Not Children's H05pice needs emergency reserves to protect its current activities.
The Board of Tnjstees had set emergency reserves target for the financial year 2024125 at a
reolistic level of £l,000.LKQ after agreeing a deficit budget of £163k lachieved £l.186.681) to
ensure busines5 continuity due to unloreseen events, considering the needs. risks and
challenges faced by the Charity in the short to medium term. The level of reserve5 is reviewed
at each AFR meeting and Ihe rese￿e$ policy will be reviewed onnually.
ital Reserrfes
Forget Me Not Children's Hospice h05 been operating from Russell House since 2011 and whi15t
it is still a fairly new building. it is now14 years old and there will be an ongoing need to ensure
Ihat all capital equipment is fit for future pvrpose and that there is a Tobust Capitol
Replacement Plan in place for the building. grounds and equipmenl and as such we have
prepared o Resilience action plan. The mojority of capitol works completed during thi5
financial year have been funded through copital grants and gifts in kind.
The Capital Reserve wll be calculated as the balance lefl after allocated Emergency
Reserves.
Develo
ment ReseNes
There are no development reserves allocated for the finonclal year 2024125 os Ihe business
plon is aimed at protecting the existlng resources. Any new investments to be made in 2025/26
financial year will be supported by robusl income generalion plans and funded through high
level supporter funds or loans that ensure future retums on the investment.
Restricted Funds
Restiicted fvnds will be maintained and accounled for in accordonce wth Ihe approprfate
regulations and only used for the purposes which they are provided.
Desi
noted Funds
Forget Me Not Children's Hospice may occasionally need to save or accumulate funds in order
to finonce a particulor project. These monies wll come from unreslricted funds and will be
eomarked for a porticular project bLrt moy be designated as a separale fund. However. thls
designation will only be for administrative purposes and these funds will remain under the
control of Trustees and may be redirected lo meet running costs should circumstances require.
Golng concern
The con501idated financial statements have been prepared on the going concern basis. This
has taken account of the cosl-of-living crisis on the UK economy and the worst ever funding
crisis that the hospice sectcA has experienced to assess the potentrol impact on the finanaal
sustainability of the Charity and Group. In doing so management have applied sensilivihes and
adverse assumptions upon their budgets. cash flow forecasts and considered any remoining
ovali able govemment schemes and interventions in making their assessment.
After making appropriate enquiries. the Trustees have a reasonable expectation that the
Charity and Group has adequate resources lo continue In operalional existence for the
foreseeable future. For this reason. they continue to adopt the going concern basis in
preparing the financial statements. Further details regording the adoplion of the going
concern
basis
can
be
found
in
the
accounting policles
note
19

THE FORGET ME NOT CHILDREN'S HOSPICE LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 {¢ontlnued)
Flnanclal ievlew (con•lnv•d)
Fvndralslng and compllanc•
Forget Me Not Children's Hospice is reliant on the goodwill and support of the local community
lo provide ils charitable services to children with life shortening conditions and thelr famllles
wifhout charge. The hospice has an excellent repvtation, however with this comes o
responsibility to ensure the very highest of fundraising slandards are in practice.
Income generation is not simply a way of raising funds, but it is also a conduit to developing
and mointaining key supporter and donor relationshlps, ensuring Ihal supporters ￿e very much
o part of our Forget Me Not lourney and their input ond feedback shape the charrty to ensure
it Is fit for Ihe futvre.
It is not always posslble fo assess whether supporters are 'vulnerable' or to coordinote octlvilies
wth other charftles, so our approach Is to focus on our fundraising activities and relallonships
and conduct these and our contact with donors in line wlth the law, relevant govemance and
our own hlgh stondords.
All Income generalion activities are undertaken within charity law, Charity Commission
regulations. HMRC rules. The Fundrarsing Regulator, The Gambling Act, local Ilcencing laws.
Advertising Slandards Authority rules ond data protection laws. Thls list is not exhaustive. We
are registered with the Fundraising Regvlatcf and continue to work towards full compllonce
with the Fundraising Code of Praclice and slrive to odopt best practice in all that we do.
We operate an ethical fvndraislng policy as well as olher policies specifically created to
vnderpin. support and monitor the above.
We support and encourage our fundraisers to achieve qualifications Ihrough the Chortered
Institute of Fundraislng or Ccffidel, and some members within Ihe team are actively engaged
in Iraining and support through these organisations.
Donor management
We continue lo ensure Ihat GDPR is effectively implemented. monllored and oudited across
all areas of income generation and assesslng the opporhjnities within recent legislative
changes on dato reform.
Extemal fvndrats•rJ
We use the services of Sterling Lotteries who manage and run our weekly prrze draw. Sterfing is
licenced and regulated by the Gambfing Commisslon to promote a non-remole and Temote
lottery and also supply. instoll and adapt gambling software to promote o lottery.
All Sterling represenlatives receive Gambllng Commission trainlng (including vulnerable
persons training) and representatives ore also trained in line with the Fundraising Regulat
Rule Book for Foce-to-Face Fundraising. Steding is audited onnuolly on Ihe Gambling
Commission subset of IS02700I:2013. The audit report is ovoilable on request.
There were no reportable complaints relating to the activity undertaken by Sterling on behalf
of the Hospice in 24125123124: none).
In 24/25 we used "Lottery Fundraising Services {LFS)" and "Dedicated Fundraising" as extemal
agencies {canvasser) to acquire new lottery players. We are satisfied thal their colleagues
undergo in house training which covers all the necessary points relating to govemance and
compliance when representing the charlty publicly.
20

THE FORGET ME NOT CHILDREN'S HOSPICE LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 PAARCH 2025 (Contlnued)
Flnanclal revl•w (contlnu•d)
External Ivndralsers {conllnued)
We also employ QTS as o telesales agent to conduct both administratlon ond sales calls on
behalf of the charity. We are satisfied that they cary out the correct checks on contact
records and that their telesales operators are trained sufficiently in the governance and rules
associated wth telesales octivity.
Prfnclpal rlsks and uncertalnlles
The Trustees and Senior Leadership Team have assessed, and regularfy review. the major risks
to which Forget Me Not Children's Hospice is exposed. particulady, those related lo the
finance. operations. people and compliance. The main iisks facing the charity will continue lo
be the inconsistent and inadequole approoch lo statutory funding for core and specialist
seNFces, including the uncertainty surrounding Ihe scheme formally known as the national
children's hospice grant. other risks include dtsproportionately rising costs, particvlarfy relating
to employment which in turn will result in recwitment and retention challenges. We continue
lo closely monitor these. and other risks and in tum evolve our plan5 to be fit for the future,
recognlsing the importance of living within our meon5 and ensuring that we nol On￿ maintain
but grow reserves to protect the charity in the future.
The Hospice's principal flnancial In51ruments corn￿15e bank balances, creditors and debtors.
The main purpose of these inslruments is to raise funds to finance the operation5 of the Hospice.
Due to the nature of the financial inslruments used by the Hospice, there is no exposure to
price risk. The Hospice's approach to manoging rrsks applicable to the financial instruments
concemed 15 shown below.
In respect of bank balances. the liquirfity risk is managed by maintaining credit bolances. The
Hospice makes Use of money market lacilitie5 when funds are available.
Trode debtors are managed by regular monrtoring of amounts outstanding for both time and
credit limits.
Trade creditors liquidity risk is monoged by ensuring sufficient funds are available to meet
amounls falling due and ensuring Ihal suppliers ore not paid early.
In FMNT Trading Lld (A wholly owned subsidiary of the charily) there remains one Coronavirus
Bvsiness Interruption Loan Scheme (CBILSI through Lloyd's bank with a capltal bolance of
£37,500 al year end. In addition. thi5 year we were svccessfvl in securing a Key Fund loan of
£115.400 and grant of £34,600 5pecificolly for troding and commerclal growth which is belng
invested in 2025126 to expond our retail estate and grow our income. There 15 0 loan of £1 00.000
from an investor whlch 15 funding ow lottery campaign and growth.
21

THE FORGET ME NOT CHILDREN'S HOSPICE LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 (contlnued)
Strvclvre, governance and Mar￿gernent
Consllhthn
The Forget Me Not Children's Hospice Limiled is regi51ered as a charitable company limited by
guarantee Incorporated on 15 June 2005 and registered as a charity on 15 July 2005. The
Charity modemised its goveming document on the 13th November 2015 and is govemed by
its Articles of Association. In the event ot the Charity being wound up members lye required
to conlribute an amount not exceeding £10.
Methods of appolnlment or elecllon of Twslees
As set out in the Articles ot Associotion adopted on the 13th November 2015. the governing
body is the Boord of Trustees whose members are appoinled either by the Charity in o general
meeting or by the olher Trustees.
The Board of Trustees seek to ensure that the needs of the ultimate user group ore
appropriately reflected through the diversity of the Truslee body. Trustees are recruited using
a robust selection process from a group of interested people who have responded to odverts.
Pollcle$ adopted for Ihe Inducllon ond fralnlng of Trvsteei
New Trustees are invited to take part in induction provided both by the charfty and by exlemal
sources including facilltoted leaming activity. This induction ensures the Twstees understand
their roles and responsibilities, understand the workings of the hospice and Ihe charity, can
identify key risks. hold the management team lo account and work together to build o
svstoinable fulvre for the organisation. There have been 4 new trustees join us during this
financial year.
stalem•nl on Jenlor salarlei and pay
As a leading charity. we recognise our responsibilities towards our staff. volunteers and
beneficiaries. We are committed to ensuring full accountabillty and transparency in all ospects
of ourwork and are determined to do our best to SUPP(xF people with theirwellbeing. including
flnancial wellbeing.
Securing the right people and supporting them to thrive in thelr roles lo deliver our ambitious
plans is key to our strategy. One of the many woys we do thts is through a competitive reward
structure. We believe thal although the charity 5eclor con't. and shouldn't. compete with the
commercial sector on pay. we must offer o fair salary for the skills and Ihe experience we need
to run a high performing. cost-effective and successful charity, proportionate to the
complexity and responsibilities of each role. and in line with our charitable objectives.
The Board of Truslees is responsible for defining pay policy and deci(fing on the salc¥res of the
CEO and Directors. The salaries of all slaff across th8 organisation are set out within a formol
banding framework where job roles have been evaluated and benchmarked to ensure that
we are paying at the market rate for the sector. Infomation about senior level p<ry is made
available in OLf onnuol accounts.
The organisation'5 Poy and Reword Policy sets out to provide equality to all employees. We
are commitied to having o fair remuneralion poficy thal meets our pay ond reward principles.
and is sustainable financially and operationally. whilst attracting the best people.
In addition. we ore provd to say thot In 23/24 we became o Real Living Wage Employer In the
Charity and remalned so in 24125.
22

THE FORGET ME NOT CHILDREN'S HOSPICE LIMrrED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 (contlnuod)
Slructure, governance and management (conllnued)
ganlsallon sfruclure
Forget Me Not is committed to investing in inlemal progression and development opportunities
for oll staff where p055ible.
The Board of Trustees. vrfhich must consisl of nol less than three Trustees but sholl not be 5ubiect
lo any maximum. helps to administer the Charity by providing the overall strategic direction
and ensuring the highest standard5 of govemance is maintained throughout all ospects of the
operation. They meet quarterly and in addition have 2 away days. There are four Board
subcommittees. each comprising of a minimum of Ihree Trustees. lor in the case of the trading
board I Iru5tee and several directors) which meet at least four times a year and cover all
aspects of the Charrty's business:
Audit. Finance and Risk Committee {AFRJ
People. Culture and Govemance Committee (PCG)
Clinical Governance Committee (CGC)
Trading board
Day to day running of the Chority is delegoted to the Chief Executive who discharges their
responsibilities Ihrough Ihe Senior Leadership Team.
Related party r•laNonihlps
The West yorkSh￿e Forget Me Not Twsl was founded in 2000 os a choritable organisation.
However, a decision was taken by the Trustees in earfy 2005 thal the objects of the Charity TnJst
Deed could be better served if the Trust became an Incorporated company. Thus, following
Incorporation of the compony, the reserves of the West Yorkshire Forget Me Not Twst were
trarkSfe￿ed to the Charity on its cessation on 31 December 2005. A special resolution to change
the nome of the Charity from Ihe West Yorkshire Forget Me Not Trust Llmited to The Forget Me
Nol Children's Hospice Limited was passed by members in July 2071.
The Charily hos a subsidiary company, FMNT Trading Limlted, through which it nJns a chaln of
Chority shops. The Charity has another subsidiary company. FMN Commerciol Ltd whlch has
not started trading.
R15k management
The 055e55ment of hazards and risks in the physical envronment and in clinical and nonclinical
working practices is undertaken on a regular basis to protect the health and welfare of staff.
childrenlyoung people and their families.
Successful risk management at the Charity is based on the following philosophy:
The identification of risk is considered in all areos of work and is included in all
operational activities.
The success of a risk management program 15 dependent upon o committed
ap￿0ach by the Board of Trustee5. Chief Executive. Senior Leadership Team. Senior
Management Team and all staff.
The identification and management of risks requires active Involvement of operational
staff within the Chority as these stoff ore best placed to perfonn this function if there
are robust commvnicallon and svpport syslems.
The promotion of an open, objective cultwe for incident reporting and the
identification of rlsk and consislency In managing those risks are essential lo the Succe
of the Risk Monogement Policy. This is supported by all levels of management
23

THE FORGET ME NOT CHILDREN'S H08PICE LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 (Gontlnu•d)
Slru¢lvTe, governance ond managemenl (conllnued)
Rlsk management (contlnued)
Across oll occupational groups and sloff in all areas of the charity have had training
around incident reporting.
All staff receive training In defined and agreed elements of risk managemenl
including risk reductlon. incidenl reporting ond investigation.
A comprehensive process for identifying, ossessing and monitoring risk at multiple levels is in
operolion and Is regularly reviewed by the Senior Management Team ISMT) and updated 05
new or emerging risks arise. There is a process in ploce for high sc.oring risks lover a pre-
detennined threshold} to be escalated to truslee Sub committees and the main trustee board.
stTalegic and organisotional risk5 are monitored and managed by the Senior Leadership Team
(SLT). Risks are reported to and discussed at all subcommFttee and board meetings.
There is Trustee and Senior Team Indemnty Insuronce Cover in place. As well os intemol
controls and processes we are extemally audited on an annval basis for Health and Safety.
ond for Finance. The Board recelve annual Health ond safety ond Infomiation Govemance
Assurance reports in addltion to regular updates. There are robust information govemance
processes and controls In place to mitigafe risk.
24

THE FORGEf ME NOT CHILDREN'S HOSPICE LIMITED
REPORT OF THE TRUSTEE8 FOR THE YEAR ENDED 31 MARCH 2025 (contlnu•d)
Slrvckne, govemonce and monagem•nl {conllnu•d)
Rel•rence ond admlnlstralfve detalls of Ihe charlty. Its Trustees and advlsers
Jeremy David Cross. Choir
Joanne Justine Ellis
Dr David Anderson
Adrian Robert Gordon
rimothy David Mc8urney
Paul H(￿veY Stead
Margaret Falconer (resigned 1st December 2(Y24)
Alexandra Louise Clemenls
Claire Siobhon Woodford
Sorah Virginia Ramsey
Ali50n Needham Iresigned 121h August 2024)
Efi50beth Ann Street lappointed 21st June 2ff24)
Dr Slean Gail Crosbie {appointed 20th September 2024J
Andrew John Green (appointed 201h September 2024)
Pavl David Woolston {appointed 201h September 2024)
Company reglstered nvmber
Charlty reglstered nvmb•r
05481614
1110457
Règlslered offlce
Russell Hovse
Fell Greave Road
Huddersfield
West Yorkshire
HD2 INH
Cornpany secrelary
Nicola O't)owd
Chlef •xecullve officer
Gareth Pierce
Independent audllors
Armstrong Watson Audit Limited
Chartered Accountants
Third Floor
10 South Parode
Leed5
Wesl Yorkshire
LSI 5QS
Banke
Lloyds Bank Commercial
PO Box I CNJO
BXI ILT
Solkllors
5chofield Sweeney
Springfield House
76 Wellington Street
Leeds
West Yorkshire
LSI 2AY
25

THE FORGEf ME NOT CHILDREN'S HOSPICE UMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 (contlnued)
Slruclure, governance and monag•ment (¢onllnved)
kefer•nce and admlnlstrallve delalls of the charFty, Its Truste•$ and advlserj (conllnued)
Ixreclors ol FMNT Tradlng Umll•d
Pavl Hmey Stead {Choirl
Goreth Pierce {reslgned 161h August 2024)
Matthew James Lees lappointed 91h September 2024)
Mike Robinson {resigned 161h August 2024)
Marek Laskowski {appointed 9th September 2024)
Laura Ann Green
Phllip Hamillon O'Loughlin (appointed 91h Jvne 20241
Rakesh Mohindra (appointed 91h September 2024)
Dkectors of FMN Commeiclal Ltd
Mathew James Lees (appolnted 241h November 20241
LaLra Ann Green {appointed 24th November 2024)
Philip Hamilton O'Loughlin (appointed 241h November 20241
Members, Kablllly
The membe.ry of the chartty guarantee to contrlbute an amovnl nol exceeding £10 to the
assets of Ihe charity in the event of winding up.
26

THE FORGET ME NOT CHILDREN'S HOSPICE LIMITED
R&PORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 (contInU￿)
Slructvre. governance and managemenl (contlnu•d)
Slalement of Trustees. responslblnlles
The Trustees (who are also the directors of the charity for Ihe purposes of compony law) are
responsible for preparing the Truslee5' report and the financial statemenls in accordance wilh
applicabie law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice).
Company law requires the Truslees to prepare financial statements for each financial year.
Under company law the Tnjstees must not approve the financial stotements unle5S they are
satisfied thcrt they give a true and fair view of the state of affairs of the Group and the Charity
and of their incoming resources and applicotion of resources. including their income and
expenditure. for that period. In preparing Ihese financial slalements. the Trustees are required
lo:
select suitob18 accounting policies and then apply them consistently:
observe the methods and principles of Ihe Charities SORP (FRS 102)..
make judgments ond occovnting estimates that are reasonable and prudent."
state whether appllcable UK Accounting Standards (FRS 102) have been folk)wed.
subject to ony material departures disclosed and explained in the financlal 5totements:
prepare the finoncial statements on the going concem basls unle55 il is inappropriate
to presume that the Group will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient lo
show and explaln the Group and the Chority's transactions and dlsclose with reasonable
accuracy ot ony time the financiol position of the Group and the Charity and enable them to
ensure thot the financial slatements comply wth the Componies Act 2006. They ore atso
responsible for safeguording the assels of the Group and the Charity and hence for toking
reasonable steps for the prevention and detection of fraud ond other hregularilies.
Dlscloswe of Intomiallon lo audttors
Each of the persons who are Trustees ot the lime when this Trustees, report is approved hos
confirmed Ihat:
so far 05 Ihat TnJ5tee is OV￿re. there is no relevant audit information of which the
charitable gTOUP'S auditor is vnoware. and
that Trustee has laken all the steps that ought to have been token as a Trustee in ordeT
to be aware of any relevant audit information and to estabiish thol the charitable
group's auditor is aware ol that information.
Aud
The auditors. Armstrong Watson Audit Limited. have been appointed during the year ond have
indicated their willingness to continue in office. The designated Trustees wlll propose a motion
reappointing the auditors at a meeting of the TnJstee5.
Approved by order of the member5 of the board of Trustees on
their behalf by".
J Cros5
Chalr
lo￿and signed on
N O'Dowd
Company Secretary
/vD
27

REPORT OF THE INDEPENDENT AUDITOR'S
TO ThE MEMBERS OF THE FORGET ME NOT CHILDREN'S HOSPICE LIMITED
FOR THE YEAR ENDED 31 MARCH 2025
Oplnlon
We have audited the financiol statements of The Forget Me Not Children's Hosplce (the
'parent char5toble company,) ond its svbsidiarie5 (logether Ihe 'grovp'l for the year ended 31
March 2024 which comprise the Consolidated statement of financial activities. fhe
Consolidated and Charity balance sheet, the Consolldated statement of cash flows ond the
related notes, including a summary of significant accounting policies. The financlal reporting
framework thol has been opplied in thelr preparation is applicable law and Unlted Kingclom
Accounting Standards. including finoncial Reporting Standard 102 The Hnancial Reporting
Standard applicable in the UK and Republlc ol Irelond. (United Kingdom Generally Accepted
Accounting Practice).
In our opinion the financlal statements:
give a twe and fair view of the slote of the Group's and of the parent choritoble
company'5 affalrs as a131 Morch 2024 and of th- Group's incoming resources and
application of resource5. including Its income and expenditure for the year then
ended;
have been properly prepared in accordance with United Kingdom Generally
Accepted Accounting Practlce: and
have been prepored in aCc￿danCe with the requlrements of the Companies Act 2(YO6.
Basls for oplnlon
We conducted our audit in accordance wlth International Standards on Auditing {UK) (ISAS
{UK}l and applicable law, Our responsibllltles under those standards are further described In
the Avdilofs responsibilities for the audit of the financial statements section of our report. We
are independent of the Group in accordonce with the ethical requirements that are relevant
to our audit of the financial stotements in the United Kingdom. including the Flnoncial
Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in
accordance with these requirements. We believe that the audit evidence we have obtained
Is svfficient and appropriate to provide o basis for our opinion.
Con¢luslons relallng to golng concem
In oudlting the financial statements. have concluded that the Tnjstees, use of the going
concem basis of accounting In the preparation of the financial stalements is approprlale.
Based on the work we have performed. we have not klentif18d any materfal uncertointies
relating to events or conditions thal, individually or collectively. may cast slgnificant doubt on
the Group's or the parent charitable company's ability to continue os o going concern for a
period of at least ￿e1ve months from when the finonciol statemen15 are authorised for issue.
Our responsibllilies and the responslbllities of the Trustees wlth respect to going concern ore
described in the relevant sections of this report.
Olh•r Infomiallon
The Trustees cre responsible for the other Information. The other Information comprises the
information Included in the Annual report. otherthan the finoncial stateme,nts and ourAvdilorfs
report thereon. Our opinion on Ihe financial statements does not cover the other informatlon
and, except to the exlent othewlse explicltly stated in our report. we do nol express any form
of ossvrance conclusion thereon.
28

REPORT OF THE INDEPENDENT AUDrroR'S
TO THE MEMBERS OF THE FORGET ME NOT CHILDREN'S HOSPICE LIMITED
FOR THE YEAR ENDED 31 MARCH 2025 {contlnued)
Other Infomiatlon (contlnued)
In connection with our audit of the financiol stotements, our responsibility is to read the other
Informalion and. In doing so. consider whether the other information is materially inconsistent
with the finunclal statements or our knowledge obtoined in the audit or otherwise appears to
be malerially misstated. If we identify such material inconsistencies or opparent material
misstatements. we are required to determine whether there is o material misstatemenl in the
financial statements or a material misstatement of the other informalion. If. based on the work
we have performed. we conclude Ihal there is a material misstatemenl
of this olher information, we are required to report that fact.
We have nothing to report in this regard.
Oplnlon on other mallers prescrfbed by Ihe Cornpanle5 Act 2006
In our opinion. based on the work undertaken in the CO￿Se of the audit..
the information given in the Trustees. report including the Group Slrategic report for the
financial year for which the financial slotements are prepared Is consbstent with the
financial statement5.
the Trustees, report including the Group Strategic report have been prepared in
accordance with appllcable legal requirements.
Matter8 on whlch we are required to report by exceptlon
In the light of the knowledge and understanding of the company and its envwonment
obtained In the course of the audit, we have no* Identified material mlsstotements in the
group strotegic report Included wlthln Ihe Irustees, report.
We have nothing lo report in respect of the followng matters in relatlon to which the
Companies Act 2006 requires US to report to you rf. in ow opinion:
adequote and proper accounting records have not been kept, or retums adequate
fcy ow audit have not been received from branches not VlSlted by us: or
the financial statements are not in agreement with the accounting records and retums."
certain disclosures of trustees, remunerotion specified by law are not made.. or
we hove not received all the information and explanotions we require f(x our audit.
Responslbllllles of trvstees
As explained more fully in the Trustees, responsibilities statement on page 22, the Tnjstees (who
are also the directors of Ihe choritable company for the purpose5 of company lawl are
responsible lor the preparation of the financiol statements ond for being satisfied Ihot they
give o trve and foir view, and for such intemal control as the Trustees determine is necessary
to enable the preparation of financial stotements that are free from material misstatement.
whether due lo fraud or error.
In preparing the financial statements. the Trustees are responsible for assessing the Group's ond
the parent charitable company's obility to continue os a going concern. disclosing. as
applicable, motters related to going concern and using the going concem basis of
accovnting unless the Trustees either intend to liquidate Ihe Group or the parent charitable
company or fo cease operations. or have no reallstic altemative but to do so.
29

REPORT OF THE INDEPENDENT AUDITOR'S
TO THE MEMBERS OF THE FORGET ME NOT CHILDREN'S HOSPICE LIMITED
FOR THE YEAR ENDED 31 MARCH 2025 (contlnu•d)
Audllotrs r•sponslbllllle$ lor the avdll of the financlal stalements
Our objectives are to obtain reasonable assurance obout whether the financial statement5 OS
a whole are free from material missfatement, whether due to fraud or error, and to issue an
Auditors report that includes our opinion. Reasonable assurance is a high level of ossurance
but is not a guarantee that an ovdit conducted in accordance ￿th ISAS {UK) will always
detect a malerial misstatemenl when It exists. Misstatements can orise from froud crf effor and
are considered material if, indlvldvally or in the aggregate. they could reasonably be
expected to influence the economic decisions of users taken on the basis of these financial
statements.
Irregularities, includlng fraud. are instances of non-compliance with laws and regulalions. We
design procedures in line with our responsibilities, outlined above, to detect material
mi5Statements in re5pecl of I￿egUla￿tIes. Including fraud. The extent to which OLK procedures
are capable of detecting irregularities, Including fraud is detailed below..
Our approach to identifying and assessing the risks of material misstatement in respect of
Irregularities, including fraud and non-compliance with lows and regulations, was as follows:
the engagement partner ensured that the engogement team collectlvely had the
approprfate competence, capabilities and skills to identify or recognise non-
compliance with applicable laws and regulations:
we identified the laws and regulations applicable to the Group and parent
charitabl8 company through discussions with Iwstees, directors and other
management and revlew of appropriate induslry knO￿edge.
we assessed the extent of compliance with the laws and regulations identlfled above
through maklng enquiries of management,. and
Identified lows and regulations were communicoted within the audlt team regularty
and the team remained alert to instances of noTrcompllance throughout the audit.
We assessed the susceptibility of the Group and the porent charitable company finoncial
statements to materfal misstatement. including obtalning on understanding of how fraud
might occur. by:
maklng enquiries of management 05 lo where they considered there was
susceptibility to fraud, their knowledge of actual. suspected ond alleged fraud: and
considering the internal controls in place to mitlgate risks of fraud and non-
compllance wth laws and regulations.
To adctress the risk of fraud through management bias and ove￿ide of controls, we".
perfonmed analylical procedures as a risk ossessmenl tool to Identity ony unusual or
unexpected relationships,.
Tested journal entries to identlfy unusual transaclions;
Assessed whether judgements and assumptions made in determining the ac.counting
estimates set out in Note 2.18 were indicalive of potenlial bias.
In response to the rfsk of irregult)Ilies and non-compliance with law5 and regulation5. we
designed procedures which included. but were not limited to:
agreeing financial statement disclosures to underlying 5UPPOrtlng documenlatton: and
enquiring of management as to octual and potentiol litigation and claims.
30

REPORT OF THE INDEPENDENT AUDITOR'S
TO THE MEMBERS OF THE FORGET ME NOT CHILDREN'S HOSPICE LIMITED
FOR THE YEAR ENDED 31 MARCH 2025 (¢onllnu•d)
Avdltor's responslblllHes lor the oudlt of Ihe finonclal statements (contlnu•d)
Due to the Inherent limitations of an audit. there is an unavoldable risk that we m¢Jy not have
detected some material misstatements in the finoncial statement5, even though we have
propety planned and performed our audit in occordance with audltlng standards. For
example. as with ony a4Jdit, there remained o higher risk of non-detection of irregulortties, os
these may involve collusion, forgery, intentional omissions. misrepresenlalions, or the oveFTide
of Intemol controls. We are not responsible for preventing fraud or non-compliance ￿￿th laws
and regulations ond cannot be expected to detect all fraud and non-compliance wth lows
and regulations.
A further descr1ption of our responslbilities for the audit of the financiol statements is localed
on the Financial Reporting Council's website at: www.frc.org.uk/auditorsrespon5ibilities. Thts
descrfption forms part of our Auditor's report.
Use of oui report
This report is made solely to the charitable companvs members, as a body, in accordonce
witti Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so
that we might stole to the charitable company's members those matters we are requ￿ed lo
state to them in an Auditorfs report and for no other purpose. To the fullest extent permllted by
law, we do not accept or ossume responsibli ity to anyone other than the charitable compony
and its members, a5 a body, for our audit worL for this report, or for the opinions we have
fonned.
Hvw Nlcholls (Senlor slalvtory audltor)
for and on behalf of
Armstrong Watson Avdlt Umll•d
Chartered Accountants and Statutory Auditors
Leeds
Date..
3 Ochku ioil
31

THE FORGET ME NOT CHILDREN'S HOSPICE LIMrrED
CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
T•tsl
Fu
1015
Don•Uons
nt5
Le8Aoes
L4É6.751
6.2n
Ji95
L495.5B7
943.120
8￿895
JM11124
.fjii
882.139
936,847
43L4
431A99
Shops
ioltery
Fuftdrn15tw•¥snts
113UI8
2,131,118
33L632
IBI,951
lJ44J50
L944J50
32W9
19B
L951
$11,719
109,208
6SO,927
218012
8B3S6
337J38
394
394￿39
J87.ia5
587,135
5.745377
Im4891
6WO,261
4,768172
SJi7J
Co#solid51ry¥aluthtarylrrfm
FuDdra*tr•thr*.'wsi$ofpc•J5 Scal
617ts52
617h52
5x329
U14J96
14.9
Fwdt4thBtrth."cNtsofe¥ents
288224
InoA72
1381.161
385555
2521,745
288,224
1720172
Z52L745
1598MI
LtW214
3.597AO4
2J54179
￿￿086 I71A￿l
&319J62
Im9214
418176
4.77lJ24
1,102*È6
177£
5.797JlQ
1055cthdl$p05al ollwd¥ssets
463
425ffj2
1243231
4Ola29
13,0S21
154,5
77.C(
19J68
42W2
124,3231
401,829
t3￿52)
1545W 77AKX)
19368
Y+X4lfund5￿WshtfoTh￿aTd
Met wmonl InfiK*Js
1428395
17S,652
124,313
[213231
3J52,718
4C11329
&431A
13,052
17A,903
17FAWI
7P,LW
3￿3)350
19.3fj8
3W4047
1954
3A28395
124323
3352218
The Consolidated statemenl of financial actlvities includes oll gains ond losses recogntsed in
the year.
The notes on poges 35 to 50 form part of Ihese financial stalemenls
32

THE FORGET ME NOT CHILDREN'S HOSPICE LIMITED
CONSOUDATED AND CHARTTY BALANCE SHEET
FOR THE YEAR ENDED 31 MARCH 2025
tharlty
21llS
2025
2024
Ngt
Flx•d *H•ts
Intan8lble a$sets
Tan8lbk assets
Investments
14
15
2.530.051
150.000
2.680.051
2,494.421
151.669
2.646,090
2,426,170
150,001
2,576.171
2.*M4S64
151,671
2.596.635
Curr•nt••••ts
Stock
16
17
17.735
494.005
L314.578
17.132
413,499
780,237
124.323
"1.500
324.X
603￿12
124,323
Cash at bank •nd In hond . Unrestricted lund
. Restfkted hjnd
379,559
991884
100.000
1.926319
1.335,191
Crnnt npblllil
Creditows." amount5 lallln8 due wlthln one yea
1,473,943
L054.143
1454.4251
1323,0631
1303,8261
12716931
N•t ¢wr•ni ••••t•
L471.893
1.012.128
1.170.118
782.450
T•t•l l•*scwr•Tht Il*blll¢l•*
4.15L944
3,658,218
3.746.289
3,379J)85
Creditors '. amountshlllfi8 due after more thèn one
vear
19
1197.8971
1105,5001
IW(MXsl
Tot•1 n•ta•Mts
3354,047
3,552.718
3,646289
3,311,085
Charftyfimth
Unrnthict•d funds
ft•*trftt•d In￿￿•￿dI
O•**nal•d FuTrds
Tatsl fithds
21
21
21
3.804.047
3,428.395
124323
3,496289
3.186,762
124323
50IKKI
3,646,289
3954,047
3,552.718
3.311
The Trustees acknowtedge their responsibilities for complying with the requlrements of the Act
with respect to accounting records and preparatlon of financiol 5tatemenfs.
The flnanciol slatements have been prepared in accordance with the provisions applicable
to entities subject to the small companies reglme.
The financial statements were approved and authorised for issue by the Trustees on 26th
September 2025 and signed on thelr behalf by:
J Cross
N O'Dowd
Chair
Company Secretary
33

THE FORGET ME NOT CHILDREN'S HOSPICE LIMrrED
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2025
Graup
2025
Notes
C•sh Ilows from Opemtlno •colvltl•s:
Plet from opmtln¥ •rtlvllles
24
743,979
197.332
C•Bh Ilows from Investlns aLtlvltle$'.
Pu¥chase of property, plant and equipment
CAF FlaBStoneFixed Term Deposlt Account
Uoyds 12 ff￿nth fixed term notice deposit account matured Dec 2023
(235.630)
1.669
1351,429)
(151,6691
Ico,000
Net e•$h uled In I￿￿•tIng •rtlvltle8
233,961
403.098
Cknn8e In ca¥h and ro5h equlvul•nts In the r•portlng p•rfod
510,018
205,766
Cash and cash equivalents at the be8innln6 of the rÈponlnB period
904,560
1.110.326
Chan8e In cash and cash equlvalents
510,018
{205,7661
Cash and e4sh •qufval•nts it th• •nd ol th• reportln8 p•rfod
1fv14 578
904.560
The notes on pages 35 to 50 form part of these financial statements.
34

THE FORGET ME NOT CHILDREN'S HOSPICE LIMITED
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
G•neral Inlormallon
The rJganisation is o charitable company limited by guarantee. incorporated in England and
Wales. The oddress of its registered office is Forget Me Not Children's Hospice. Russell House.
Fell Greave Road, Huddersfield. HD2 INH. The chaTFtable company's registered number is
05481614.
Accovnllng pollcles
2.1 Ba￿$ of preparallon of financlal slalements
The financial statements have been prepored in accordance with the CharFties SORP (FRS 102)
Accounting and Reporting by Charities: Statement of Recommended Practice appficable to
chorities preparing their accounts in accordance with the Financial Reporting Stondard
appficable in the UK and Republic of Ireland {FRS 102) (effective l Janu(Yy 20191. ttie Finoncial
Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) ond the Companie5
Act 2006.
The Forget Me Not Children's Hospice Ltmited meets the definition of o public benefit enllty
under FRS I ￿2. Assets and liabilities are initiolty recognised ot historical cost or transaction value
unless Otherwise stated in the relevont accounting policy.
The Con501idated statement of financial actlvlties ISOFAI and Consolidated balance sheet
consolidate the financial statemenls of the Charity and its subsidlary undertaking. The result5
of the subsidlary are consolidated on a line by line basis.
The Charity has taken advantage of the exemption allowed under section 408 of the
Companies Act 2CQ6 and has nol wesenled its ovm Statement of financial activltles in these
rinoncial statements.
22
Golng Concem
The consolidoted financial statements have been prepared on the going concern basis. Thls
has taken account of Ihe impact the UK economy and its potential impact on the financial
SUStainabifity of the Charity and the group as a whole. In doing so management hove applied
sensitivities and adverse assumptions upon their budgets, cash flow forecast5 and considered
remaining available govemment schemes and interventions in making their assessment. The
Trustees have received a 12 month rolling cash flow forecast. togelher with mitigation plans
and a full understanding of the financial performance in order to make a going concem
decision.
2.3 Income
All income is recognised once the Charity has entitlement lo the income. it is probable that
the income will be received and the amount of income receivable can be measured refiably.
The recognition of Income from legacies is dependent on establishing entillement. the
probability of receipt and the obliity to estimate with sufficienl occuracy the amount
receivable. Evidence of entitlement to a legacy exists when the Charity hos sufficient evidence
that a gift has been lett lo them (through knowledge of the exrstence ol a valid will and the
death of the benefoctor) and the executor is satisfied that the property in question will not be
required to satisfy claims in the eslote. Receipt of a legacy must be recognised when it Is
probable that it will be recelved and the fair value of the amount receivable. which will
generally be the expected cash amount to be dlslributed to the Charity. can be reliably
measured.
35

THE FORGEf ME NOT CHILDREN'S HOSPICE LIMITED
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (¢ontlnu•d)
Accounllng pol1cl￿ (conllnved)
2,3 Income (conllnued)
Grants are included in the consolidated statement of financial activities on o receivable b05i5.
The balance of income received for specific purposes, but not expended during the period. is
shown in the relevant funds on the balance sheet. Where income 15 received in advance o*
entitlement of receipt, its recognition is defeffed and included in creditcffs as deferred income.
Where entillement occurs before income is received. the income is occrued.
Income tax recoverable in relation to investment income is Tecognised at the time the
investment income is receivable.
Other income is recogni5ed in the period in which it is receivable and to the extent the goods
have been provided or on completion of the service.
Donated seNices or items are recognised when the Charity has control over the item. any
condilions associated with the donated item have been met. the receipt of economic benefit
from Ihe use of the item is probable and that economic benefit can be measured reliably.
Donated fixed assets are included in income at the estimated value of the gift to the Charity
when received. based on the amount that the Charity would have been prepared to pay for
these services or fcclllties hod it been requlred to purchase them. with a coffesponding enty
being capitalised in fixed assets for the same amount. There were gifts in kind of £28,836
recorded this yecr12024: £77.2911.
2.4 Expendhure
Expenrfiture is recognised once there is a legal or constructive obligation to transfer economic
benefit to a third party. it is probable that a Iransfer of economic beneflts will be required in
settlement ond the amount of the obfigotion con be measured rellably. Expenditure is
cl<)ssified by actlvity. The costs of each activity ore made up of the total of direct costs Gnd
shared costs. includlng support cosls involved in undertaking each activity. Direct costs
atlributable to a single activity (Te allocoled directly lo that aclivity- Shared costs which
contribute to more than one activity and supp¢NI costs whlch are not attribulable to a single
activity a￿ apportioned between those activities on o basis consistent with the use of
resources. Central staff costs are allocated on the basis of time spent. ond depreciation
charges allocated on the porlion of the asset's use.
Expenditure on raising fund5 includes all expenditure incurred by the Group to raise fund5 for
its choritable purposes and includes costs of all fundraising activities events ond non-ch(rritable
trading. Expenditure on charitable activities is incuffed on directly undertaking the activitie5
vAiich further the Group's obiecttves. as well os any associated support costs.
All expenditure 15 inclusive of I￿eCoVerable VAT.
2.5 Toxaflon
The Charity is considered to pass the tests Set out in Paragraph I Schedule 6 of the Finance
Act 2010 and therefore it meets the definition of o charitable company fcK UK corporation tox
purposes. Accordingly. the Charity is potentially exempt from taxation in respect of income or
capital gains received within categories covered by Chapter 3 Part I l of the Corporotion Tax
Act 2010 or section 256 of Ihe Taxation of Chargeable Gains Act 1992, to the extent thal such
income or gains are opplied exclusively to charitable purposes.
36

THE FORGET ME NOT CHILDREN'S HOSPICE LIMITED
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (contlnu•dl
Ac¢0vnll￿J polIc￿5 (conllnved}
2.6 Intanglble assets and amorflsallon
Intangible assets wch as website costs are Initially recognised at cost. After recognition. under
the cost model, Intongible assets are measured at cost less any accumulated amortisation
and any accumulated impairment losses.
Amortlsotion 15 provided on intangible assets at rates calculated to write off the cost of each
osset on a straight-line bosls over its expecled useful life.
The estimated useful Ilves are os follows:
Amortisation is provided on patents over 3 years.
2.7 Tanglble ftx•d ossets and depreclallon
Tonglble fixed assels costing £250 or more are copitolised and recognised when future
economic benefits ore proboble and the cost or value of the osset con be measured reliably.
The land was bought for a notional amount from the councll and has resti7Ctions wlthin the
deeds. therefore no revoluation has been done. The buildlng is valued ot cost
Depreclation is charged so as to allocate the cost of langible r￿ed assets less their residual
value over their estimated useful lives.
Dgpreclation is provided on Ihe followtng bases:
Freehold property
Russell House (freehold)
Gro¢e's Place Ileaseholdl
Medical equipment
Motor vehicles
Fixlures and fittlngs
Computer equipment
Leasehold Improvements
2% straight line from l November 2011
over the life of the lease (99 years)
20% strolght line
20% straight Ilne bosis
15% straight line
20% straight line
over the life of the asset or
The need for any impaiTment of a fixed asset is consldered If there is concem over the carying
valve of an asset ond is ossessed by comparing Ihal corying value against the value in use or
realisable value of the asset vthen approwiate.
2.8 Inveslments
Fixed asset investmentt ore a form of finoncial instrumenl and are initially recognised at their
Iransoction cost and subsequenlly measured at fair value ot the balance sheet date, vnless
the value connot be measured reliably in which case It is meosured at cost less irnparment.
Investment gains and losses. whether reolised or unrealised, are combined and presented as
'Gains/lLosses) on investments, in the consolidaled stotement of financlal octivilies.
The main form of financlal risk foced by the Charity is that of volalllity in eqvity markels and
investment markets due to wider economlc conditions. the attltude of investors to Investment
risk. and changes in sentiment concemlng equities and withln particular sectors or sub sectors.
Investments in subsidiaries are valued at Cost less provislon for impairment.
37

THE FORGET ME NOT CHILDREN'S HOSPICE LIMITED
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (contlnu•d)
A¢counllng pollcles {conllnu•d)
2.9 stocks
stocks of retail goods ore valued ot the lower of cost and net realisable value. Donated items
of stock for resale or distribution are nol included in the financial statements untll they are 501d
or dislributed because the Trustees conslder it impracllcol to be able to assess the amount of
donated stocks a5 there are no syslems in place whlch record these items until they are sord
and undertaking a stock take would incur undue cost for the Charity which lor ouhveigh the
beriefits. Stocks are valued using the first in. first out {AFOI method.
2.10 Debtors
Trade and other debtors are recognlsed ot the settlement amount after any trade discount
offered. Prepayments are valued ot the amount prepaid net of any trade dlscounts due.
2.11 Cash al bank and In hand
Cash at bank and in hand includes cash and short-term highly Ilquid investments with o short
maturity of three months or less from the dale of acquisition or opening of the deposlt or similar
occount.
2.12 Uabllllles und provlslons
Liabllllles are recognised when there is an obligallon at the balance sheet dote a5 0 result of
a past event, it is probable that o transfer of economic benefit wlll be required in settlement,
and the amount of the settlemenl can be estimated rellably. Llabilities are recognised at the
amount thot the Charity anticipates it wlll pay to settle the debt or the amounl it has received
os advanced payment5 for the goods or services it must provide.
2.13 Flnanclal Instrum•nls
The Group only has flnancial assets and financial liabilities of a klnd that qualify as basic
flnoncial inslruments. Basic financial instruments are initially recognised at transaction value
ond subsequently measured at thelrsettlement value wlth the exception of bonk loons which
are subsequently meosurecl al amortised cost using the effective Interest method.
2,14 Con¢esilonary loan
The Charity has taken advantage of sectlon 34 of FRSl02 to recognlse the loon tolfrom tts
trocying subsidiary and the Chority form a public benefrt entity group. As such Ihe Charfty
initially recognises and measured the loan at the amount pald. wlh the carrying amount
adjusted in Subsequent years to reflect repaymenls and any accrued infer8St and arfiusted if
necessary for ony impairmenl. No interest is being charged on this loan.
2.15 Operallng l•as•s
Operating leoses are recognlsed overlhe period of which the lease falls due. Benefits received
ond receivable as an Incentive lo sign an operating lease are recognised on a straight-line
basis over the period of the lease.
38

THE FORGET ME NOT CHILDREN'S HOSPICE LIMrfED
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (contlnu•d)
Accounllng pollcles {conllnved)
2.16 Penslons
Employees of the Charity ore entitled to joln a defined contribution 'money purchase. scheme.
The Chority contribvtion is restricted to the contribution cfisclosed in note 27. The costs of the
defined contribvtlon scheme are included with the assocloted staff costs and allocated
Iherefore to ralslng fund5, charitoble acttvities ond support costs and chcyges to the
unrestricted funds of the Charity. Pensions are allocated lo actFVities and funds in line with staff
pay costs
The money pwchase plan is managed by Peoples Pension and the plan invests the
contributions mode by the employee and employer In an investment fund to build up over the
term of the plan. The pension fund is then converted inlo a pension upon the employee's
normal retlrement age which is deftned as when they are eligible for a state pension.
Employees that have previously been on the NHS pension scheme before jolnlng the ChaFity.
have on optton to continue this scheme provided the crlteria have been met. The Charity ha5
no liabifity beyond making ils contributions and paying across the deductions for the
employee's conlributions.
2.17 Fund accounllng
General funds are unresfricted funds which are available for use at the discretion of the
Trustees in furtherance of the general objectives of the Group and which have not been
designated for other purposes.
Restricted funds are funds whlch are to be used In accordance with specific resfilctions
imposed by donors or which hove been raised by the Group for porticular purposes. The costs
of raising and admlnislering such funds ore charged against the specific fvnd. The aim ond
use of each restrfcted fund is sel out in the notes to the financial statements.
Investment income. gains and losses ore allocated to the appropriate fund.
2.18 Key accovnffng esllmates and as$umptlon$
Accounting estimates. by definition, wlll often vary from actval results. They are conlinually
evalvated and are based on historical experience and other faclors, including expectations
of future events that are deemed to be reasonable under the circumstances. Th& notLre of
the estimates and assumptions that hove a significant risk of causing a moterial odjvstment to
the carying amounts of assets and liabilities withln the next year are addressed below. The
canylng amount of the estimates ond assumptions ot Ihe year-end are disclosed in the
relevanl note to the accounts
Usefvl economic Ilves of tangible assets:
The annual depreciatlon charge for tongible assets is sensllive to changes in the estimated
useful economic lives ond residual values of the assets, which are re￿ssesSed annually. They
are amended when necessary to reflect current estimates, based on technological
advancement. future investments, economical utllisation and the physlcol condition of the
assets.
Useful economic lives of intongible ossets:
The annual amortlsolion charge for intangible assets is sensltlve to changes in the estimoted
useful economlc lives and residual volues of the ossefs. Nvhich are reosse55ed annually. They
are amended when necessary to reflect current estimates, based on technological
advancement, future investments and economic ulllisation.
39

THE FORGET ME NOT CHILDREN'S HOSPICE UMITED
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (contlnued
Accounffng pollclè$ (contlnved)
2.18 Key accounHng estlmales and ossumpHons (conllnued)
Valvation of gifts in kind..
Gifts in kind are included within the accounts al an estimated value. The estimated value is
based on the value the Chority would have been required to pay for equivalenl services.
CrlNcal accounllng esllmates and areas of Judgmenl
The preparation of these financial statements require management to make judgements.
estimates and assumptions that affect the opplication of policies and reported amoun*s of
ossets and liabilities. income and expenses. Judgements and estimates are continually
evaluated and are based on historical experiences and other factor5, including expectations
of future events thot are believed to be reasonable under the circumstances. The Chority
makes estimates and 055umptions concerning the future. The resultlng accounting estimates
will, by definltlon. seldom equal the reloted actual results.
Trtd¢rnip lknbithd•d hthid•d T*l¢v
141.674
4W.708
996.213
¢ts6.213
4gC+ 708
32
IriEnds& F**l.4*
230.?
10.085
J.926
7.*1
i.¢w n5
6.215
118 154
10,oe5
93.Q26
¢&*
28.83D
28,8)6
2e.836
77.2PI
77.611
I.￿.751
.0lJ.124
J7.387
2>ts67
48.000
14.TJS
22867
35.ODO
75.2
14 ?35
7J2J2
4eT
?4A67
10.ODO
io.ooo
eo.6•8
567AI8
22.500
67A18
531.B49
Ih* 1
551,e4?
15,009
37650
13.409
*6,514
TS.0fy)
JT050
iJ,4QO
tiow
•.273
4.273
I￿.012
•43,120
63
8$2.13¢
431499
4)IA99
431ADO
411
bf￿1¥¥12Q24.. t431.4fy9l￿￿k*kn 1$1 t2024. ¢1 0fy4 r•12Q24.
40

THE FORGET ME NOT CHILDREN'S HOSPICE LIMITED
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 {contlnu•d)
34 206
33.d3e
15.241
Nh5144d&
80 J$6
SQ 086
15 120
4Q2fjCw
491¢
541,71Q
TOP.2vS
6aO.Q27
248J12
337A
2025
2024
Unr••trkhd ￿tr￿ted
8 Oth•r In¢•m•
Trthinng ncorne
15.442
P.396
4.012
Cerfral.
Cot*inlng Care lund$
Red44tsymwé OF
1rt4resl re¢oked
4.620
332,5
24.914
6.563
394.th9
543.069
22,988
4.270
587.135
9 •Ady•l• •1 Re5•utte• e*￿a*d
IJIMrt ¢•*lb Alg(qhd C*•• Tar41 C•*ts
2925
2025
2025
Cost of y9liJn￿ry
F￿ar9d$￿4 tr¢ding". COSt$ d geod5 Jald and ¢9
Fundtatsing tradiNJ.' OF
46P.371
1.814.9P6
148.056
2.432.623
I48.￿7
6J7.032
T.814,996
288.224
2.720.872
140.168
286.24*
ChwtttJbt* aLy￿•V•s. ¢ar¢
2.718.310
P79.294
3.697 604
T•td ai 2025
5.150.933
1.267.543
6.418.476
2024
2024
2024
Fvhdrai&¥)g tr#ditvJ'. co>1$ d 9Oods ipld ond ¢tysts
Fvndrol$kn9 tradha.. ¢o*ls ¢F *￿￿$
421,410
1.581.861
257,538
2.200.8OP
132.PlP
554.J2P
1.581.667
38S.555
25211
128.017
2JQ.P36
Chorhabl& tsir• iqrvir
2,394,838
81.227
3.27*,0¢5
T•￿1 ai 2024
4.655.647
1.142.163
5797 810
Th1¥ Is *trthdofkr <lwrylng:'
Dépf*i41i¢fft ¢F owngd laryibl• liwj tt¥wl&
Avdilty's r•mLm•ro15
Oparaliry IgqS95
2025
2024
199.537
T8.11)0
162.666
134,392
13.8
184,650
41

THE FORGET ME NOT CHILDREN'S HOSPICE LiiirrED
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 IIARCH 2025 (cortlnued)
I l Board d Tn••lw•lDir•ckn'
Tkn Booid d T￿￿e￿& during the ￿r swvad c4) o thary kn5t$ ond no ifflnunwalirJn kn Ih*r swit¢8$ 1¢ tho CLYnpuny12024.'
Th& Cknrity Thwmbursa nil12024'. nill Trustew h Irovel oxpenditwtr in Lydor lor tha Trusla•s to ottwd ma8lirys.
12 ¢•sts ¢MMI hvmbers
2024
Slafl <o•ts vrnr• as fdl•wst
Sulorie5 and wages
Social security costs
Pension costs
Tolol
3,992,963
3.485.350
320,294
3W,224
405,163
330.967
4,718,020
4.116,541
The number tsf employees whose emolvrnents 0$ defned for loxotion purposes qmovnled to over £60,¢JW ￿ the year was
0$ follow$=
2025
Number
2024
Nvml>er
£60,(X)1- £70,CKX)
£70.IXs1- £80,IXx)
£80,CKIl -£90,(100
Two enyloyees eorned be￿een £60,000- £70,(m, one ol which porticipotd in the Pecple'$ Pension Sch•m• wth 5%
employer contributions and one ernploye• is in the NHS Pension 5d)eme wth efflployer contributions of 14.38%. The employee
eornn9 mor¢ than £70,¢X%) parti¢ipaled in the Peoples Pension So￿7¢ and cortribvtions were bq5ed on 5% maithvw.
The overo9e number of employe¢5 durn9 the yeor, and th• awogo calcvlthed on the of full iwne eqvNalents. wo$ us
follows:
2024
2025
Averag•
Av•rag•
Numbtr
63
Av•rage
Number
Cure Service$
Income GeneralFon- Chorty
Inccme Gerterolion- Trad￿9
Ccrporate Servicès IFlnance, HR, IT ond Estoles)
Total
47
16
33
15
20
16
56
20
159
19
150
16
119
The hospice con$tder3 that tha kay mana9em8nl pttsomd cornpr￿e the Trustees and the Sonior Leadership Team ISITI. The SLT
rnade up of the ChieF ExecvtN¢ arKI three key Dwedors. The ltstrttl •mployee beneFés of the key management per5oM¢I of the
Group was £301.65112024 - É333.7321
The 8oafd of Trusl¢eg is respOns￿le for ddining poy poliry and decidry on th¢ solaries ol the CEO ond D¥ectors. The sulorw$
ol oll stoff auoss the organisation or¢ &¥t wt within u formol banding frarnework where lob roles hava been evaulated vsing
the Crofi•r job evaluolion tool ond all rgles have been benchmark¢d agan$t ar leasl four other dalo sources Sud) u$ the NHS,
other Socol char'rties, local hospices, the charty reloA sedor and the local movkd to •nSVTe thal we ore pttying ot the mark
rate. The Organisation's Pay and Reward PolKy sels ovt lo provide eqvalty io all eniployees. We ore comm"ffted lo having a
fair rernuneralion policy thgl meels our p(ry ond r¢wtsrd prncples. and ts $vstan)oble financially and oPeral￿n011yI whilst
¢Jttrading the best people. OUT pol>cy allows o hjll benchmorkrfj exercise lo toke plctcè •very 3 years ond any c05t of Iw•ig pay
eose$ are owarded bosed on orgonisalional perfor£nonce. In addition, we are prtsud to say thol in 24/25 we were a Real
Lwing Wage Employer and wntinue lo be in 25/26 In th• Charty.
Secvring the riqhi pèopl• tsnd supporting kn io thrwe ￿ thew roles to delr¥¢r our Qmb*￿V$ plan$ ￿ key lo our strolegy. One OF
the mary ways we do thij is throvgh a compel*i¥e reward slrudvre. We bd¢eve thal although the ¢h¢Jrty sertor can't, and
sI￿VIdn't, eDfftpet¢ wiih the c0mrnerc￿￿ s¢dor on poy, we musl offtt a fuir solary for skdls and the experience we n¢ed lo
run a high pdofming. cosl-eFfectNe and successfvl charty, proportionate to the coMpl￿ty and responsibililies of eoch rdg,
ond in line wth our tharfftobl& obi•rthTes.
42

THE FORGEf ME NOT CHILDREN'S HOSPICE LIMITED
NOTES TO THE CONSOUDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (contlnued)
13 lrtangl>lp Assds
C•
Ai 31 Morch 2023
Add*tons
DISP￿￿15
Ai 31 Marth 2tr24
Al 31 Mor¢h 2024
Additkjns
D￿p0s￿l$
Al 31 Morch 2025
33.077
33.077
33.077
33.077
33,077
33.077
33,077
33.077
Al 31 Morch 2024
Chorge for the yetTr
Disp¢>sols
31 Morch 2025
133.oni
133.0771
At 31 Marth 2tr23
CJ)q¥ge l¢x the year
D￿p￿SaI$
31 M¢Jrth 2(Y24
133.0771
133.0771
133.(J77
133,077
133.(Y71
133.077i
b••k vahje
Ai 31 March 2025
At 31 Morch 2021
4 31 Morch 2024
37 Moith 2023
14 Ilx)d A•Mts
Fr••hqM
14l•dkd
Ilr••hddl Impr•v•m•*¥ ••lh¥¢¥• Ilxhv¢s •y1pM•￿
3T b%lar<h 2024
Addaion5
D￿)￿1$
J 31 Marth 2025
89.354
2,5QO333
9,984
163.(Y)5
44.303
299A24
54.615
121.255
332.884
528.433
88.555
24.095
33.995
25.C¥X)
3.703.689
235.630
F9.8961
3.859.4?3
158,611
W.￿5
89 354
2.510.717
2(7.398
112,650
58,V13
J 31 Murth21Y24
Cknrge lÈ* the y￿r
Dwsvls
Al 31 Mryrch 2￿25
1570.lp
150A451
1153.9511
1?5.6091
11429281
154.4781
X>.985
1176,4211
133.995i 11.20P.2681
P.750)
1199.537)
79A33
137 7451 11.329.3721
58.448
63.3851
1620.6351
1169,620)
61.5061
book vdu•
3T March 2023
89.3S4
1,8VO.G32
37,778
156,163
284.040
51,084
21,250
2,530,051
At 31 Marth XY24
89,33d
1.930,543
P,144
?56.596
267.631
41,153
2,494,421
J 31 Mtyrth2￿24
Addo
Dispos•l¥
Al 31 March
89 354
2.500.733
9,984
278.￿8
49.A69
1.255
306.851
88.55S
24.(Y45
33.995
3,442.740
149,607
179.8VOI
3.512.45T
di,05P
9.354
2.510.717
433,683
112.650
58.995
J 31 Marth 2024
Chorge lorrt*yaor
(570.1901
150.4451
1129.508]
152.2871
20.985
P16,6211
147.2911
58.448
205.464
117.401
133.9951
13.7
1997.7761
1107.93n
79A33
1.080.2
31 Marth2Wk5
620.635
161,566
37.745
Al 31 March 2QS
89,354
I,890.(k92
145.981
228,479
$1.
21.230
2.426.170
At 31 2Q24
8*.35d
7.930.343
149.Q70
234.844
41,153
2.444.904
43

THE FORGET ME NOT CHILDREN'S HOSPICE LIMITED
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 {contlnu•d)
15 Inv*￿mEnt in tmdlng
2025
2025
2024
Gr•vp
2024
end •f t1￿
F FlqoM•n• A¢t•yhl
I50.￿0
Iso.000
151.669
151,669
150,000
150.001
151.669
151,670
Gravp
2025
2024
2025
2024
F￿1$hed g¢lDd5 ond ga￿S lor resale
17,735
13.707
1.500
Orwp
2•25
2024
202$
2024
Amtsynts owed by vndwi¢Jkngs
Trad• d•&¢r6
Ojhor d*btrors
443.970
338.430
341.319
3,999
16.927
270.146
16,927
33,109
51,912
23,157
413.499
51.912
2.450
324.
379.559
The loun lo FMNf Tr(Jd*i9 Lynted Irom kn Charly ￿ un vnsecvra, ird•r¢$t FreE loan whKh is Yyyq61e ¢n d*Thond.
18 Cr•dhor$i Amounts •n• ydqr
202S
2024
202S
2024
Amou￿ ¢w•d lo sub$idhiry iJhdertok1Th9
(BILS loon
Key Fvnd lots
Tr4de tt*d*ors
Othar ¢red*er$
Taxation ond so¢hl s•curty
Accrvols and delerred k)e¢me
30,IXK)
23,¢￿0
120,796
39,2(
72,610
168.733
454,125
30,￿•
54,301
I¢X>.428
54,359
35.560
57.289
130.618
30J.820
64,201
20,191
64.45?
62.481
271,693
79,678
83,120
323,063
Tkn CBILS wo$ ovl in FMNT Trodw)g tsd lu whay owngd SU￿ld4￿r￿O[ th* Chur'tyi IFrou9h Uoyds Ba￿. An am¢vré of £150.(XXI
was oul n ILinè 2020 QNJ was titpitol and intere￿ free f¢r the fATsI 12 rnorlhs'repayuble 0¥tr 72 months 160 aFter eopttol
holidoy ond free periDdl. The menthly eopknl repoyThff* is £2.5(X) and hor•￿ ￿ 2.03%+ bose rak per anrnjm. th•rdor• am￿￿1 dve
Wrfh￿ oné y•vr ￿ £30.1100.
The KeyFvnd Loan wg$ taken ovl in Jonuory 2025. The loon bs £115.4K. whK4) WO1 ￿ poid ba£k cw 60 month$. The monthly ¢•pknl r•po￿￿tr
15 £1.923.34 the morthly payuble ty £625.08 thich 1$ 6.5% per y¢¢r. Th• omovrd dve ane yeor 1$ £23,080.

THE FORGET ME NOT CHILDREN'S HOSPICE LIMrfED
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (¢ontlnu•dl
79 Cr•dfv•rsi Ammi* fth• dft¢r m•r• Ilwi •M )wr
Grwjp
2025
2024
2025
2024
C8Jl$ loans ond ¢11
197.897
705.5(K)
ioo,000
68,ryX>
The C611s loan Olrf n FhiNt TrodwYJ lid lo wholly owned svbstdioryof Chorl>4 throvgh Uoyd5 Bar&. am¢urt 01 £150,CKJO
was lakem 2(r20 and wty$ £apAal and Ir¢• loi ￿ lir4 12 months'lepo￿bl¢ ovw 72 rnprth$16Om#rdhs olier th• e4pl41
Ipjuy othd itere￿ free periodl. Th# morthly ¢opèol r¢pO￿t￿ is £2.5(X) ohd in1¢r•￿ h 2.03°.v"+ basa role w am)m.
Th• ovlstard#wJ I￿1<￿￿e al CBII5 lo•r* ol yefjr end wos £37 $0012024.. t67 5ryJl, arnouth ltslling rnor• one yaor B £7.500.
Key Fvnd loan was tok￿ ¢vl Cknrty lor pvrpost ol C8mmweKJl ond TrodYvJ 4dNty. A l¢an J £I15.4(
was tok*) tyjl 47 Jonvary 2025. Icar4 ￿ repoyoble over 60 months ond the rnorthly eaplal poymér4 i¥ £1,923.34 the morthly r48r
PO>Wt8rn h £625.08 which i% 6.5tyr* per year. The loan bol¢nce al y¢ar end wos £113.477, th•rdoTe fjm¢vnl payabje in moré k>
£90.397.
The ehtrrtyf•ctrved on oddtyK>MI 232.(W kn Mard) 2025 bTingM9 th? investrnèrt loan 1¢ o Idol ol £l(K).O(K). Thi% ty iowords ¢ lolwy tan4)own
whith 15 vnwcvrd. Iré* ond F•ptsyabJe vrA8r lavourable Iwms d•p•ndww cn the r•Jrn on nvwlm*v.
20
thar•abk FuThdraiskng
h¢r
Or•vp A
D•l•trd Ir￿Me tti l Aprd 2024
Relea48d Ir¢m W•ViOL45 year$
D•larred in the year
9,070
(9,07¢J
36,034
9,070
(9.07Q
134,714
14.930
83,750
D•f6rred ncom8 al 31 Marth 2Q25
36,034
14,930
83.750
134.714
D•l•rw•d In¢om•
Dderred Ineomé 41 l Aprl 2￿23
R•leused from prévbjvs yeors
Dd*r¢d in tho ¢vrr•rt ￿01
261,835
P61,8351
9,070
4,435
14,4351
25,7Q9
P5,79PI
292,069
1292.009
Dol•rr•d hcome ai 31 2024
9.070
9.070
45

THE FORGEf ME NOT CHILDREN'S HOSPICE LIMrrED
NOTES TO THE CONSOUDATED FINANCIAL STATEMENT8
FOR THE YEAR ENDED 31 MARCH 2025 (contlnu•d)
21 Ikwjp Fwbds
IN•mlTrg 0￿0•1￿4 M•vem•nt
Unr•fftltt•d Iwjds
3,428.395
5,745,377
15,3197251
150.(
3.804.047
Medical Eqv*rnert
Fomilyatlr•lt¢$ servK•&
D•coThyl¥)n and R¢h¥rbtsl¥nert
Bedrotym 5 Refvrbk%kner*
H￿l￿gI￿V$th0Id fvrb4
EV Chqrgv¥ P0rf5
Fre Doot wa￿.￿￿tA
Coye and c¢sh. Per￿)￿￿ SwvK•
Cfjre ond CO￿5- PtsnhiIP￿ Care
Core and Pknsing Cthts. End d Lée 5ervire
18.809
64.599
I18,￿)
164,59
15.((¥J
11.41J¥
(I¢1.5
14.5(Kg1
13.(KK)i
li.ot
11 T5￿51
17.75q
145,1821
5.2321
2,5491
1567.4181
70.5
115.875
7.750
SUDIC
Vk. Caphl Fvnd
Improvrg 4tsaltyDrd dp•er$hy
Erwjlad. ChldreTh'$ Palli¢￿￿* Cfjr* Grort
Th•Brod Ilarknbl• Trust. Rossdl Hwi• copogl hy0¥th7ents
I￿¢r¥. Reo&* Comrnvnll
F4rnly ServKw P4yCosts
Garden Covnsenrg Room
Ironn9/EdvcolKfft VoJvN*S lo Corp£r
Mu$k Therapy
Mem¢)ry rnak
PwinolalServie• Poycosls
Glis inKhd
75.232
22.549
5O7A18
i(o.oco
Try).Ct
65,963
14.735
165,9031
114.7351
122.9231
(7.500)
li.(
15.4341
IIQ,IK
128,836
11,099,214
22.923
5.434
io,(MJ)
28,836
1,074,891
124.323
Iw,cx)o
hnds
50.tsXI
50.1
Tthl Fwbth
3,552,718
6.820.248
16.418.939
3.954.047
Swnmwy d Fw&. <urrenF
Br•¥ilh•
a￿0•1￿1 Al•vem•N
Unr•*lrkkd lund•
3.428,393
124,323
5.745.377
1,074.891
1S.319 X251
11,099,2141
150,0001
3,804.047
i(x).o
50.IX
3.P54,047
50.IXXI
3,552.718
6,8XJ.268
16,418,939)
We received restricled funds of £18,￿9 which w05 all spont on e55ential equipment.
Grant amounts of £64.599 were received for larrA￿ octTrvities and all spent during the year.
Grant amount of £5.CK)O fc¥ intemal fumishings was received and all spent during the year.
Gronts caTried forward of £1.400 w05 all spent dLThing the year on essenliol bedroom 5 refiJrbishment
We received 2 grants for heoting. and Ihis wos spenl during the yeor
A grant received for EV charging points of £4￿)8 was spent during the yegr
We received o wnl of £3,IXJo towards th8 Cost of Flre Door replacement and this w05 Spent dvring the
year
During the year we recerved o syont of £l,QJO for Perinotal support and thls was all spent dLfftng the ye
We recolved grants toward5 the Palllative Care serytce of £115,875 whlch was all spent during the year
Durfng the yeor we received £7,750 towords our End-of-Life servlce which has oll been spent dvring the
year.
46

THE FORGET ME NOT CHILDREN'S HOSPICE LIMITED
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 {Gontlnued}
21.
Grovp Fundi (conunved)
We received séveral byants towards our SUDIC séNice of £45,182 which has all been spen* dLfflng the
yeor.
We received £75,232 from Hospice UK to fund capital item5. This was all spent during the year.
The NHS England annual grant of £567,418 r5 for children's palliative care costs and was all spent on
acfvities during the year.
We corried forward a gronl of £IOO,000 from The Brook Charilable Trust this year. restricled for capital
Improvements Ot Russell House. Thi5 has not been spenl dvring the year and wllll be coTht8d fo￿ard
towards cor pork works In 2025126.
We received o grant of £20,265 toword5 improving eqvafity and diverslty in Hospice Cor8 which hos oll
been spent during the yeor.
We received a clalm to svpport eqvalty and diversityfor capltd equipment of£2,284 which was oll spent
during the yeor.
We recelved a Lottery- Reachlng CommunltS85 grant for £65.963 which was all sp8nt during the year.
During the ye(Y we received a grant to support our Famlly Se￿￿e$ of £14,735 whlch wos all spent dvring
thè yéar
There were numerovs grants for therapy seNlces such a5 music therapy, memory makllig and EMDR oll
spent durfng the year.
We recetved £9,837 for carè leomlng and develownent whlch was all spent during the year.
We received a grant of £14,735 to fund pay costs in cmjr famity Services team which was all spent during
the ye(x.
We carried over a gront of £22,923 lo build our garden counselling room which has be8n Spent dwing
the ye(T
We recetved a gront for engaging volunteers inlo coreers tor £7.5CKI which was spent during the year
We recelved o grant of £l,QIJO for our music Iherapy seNices which was oll spent during the year.
We received o grant of £5,434 during the year for c4Jr memory making octivities. whlch was dl spent
dLKing the year.
Durfng the yeor. we recewed a grant of £1 0.000 for our Perinatal Service5 and It wa5 al spent during the
ye(T
During the year. We recelved various gifts In kind of £28A36. restricted f<x sp8clflc purposes and as such
all spent dumg the year.
47

THE FORGET ME NOT CHILDREN'S HOSPICE LIMITED
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (contlnued)
Trustees agreed to designcrte a fund of £50.0￿ this financral year for addressing p(ry gaps ond the
chollenges this might bring in 25126, ycifical￿ around recruitrnent and retention.
22 ol Ivnd•
31 Mar<h
Exp•ndlur• lA•V•m￿ 2025
*•rli 2024
In¢•mc
Gèneral hjnds
R•slri¢led fvnds
De5ignoled Ivhds
a.428.395 5.745,377 15.J19,725
124.22a
1.074,891
11.099.214)
(50.OOOJ 3.804.047
loo.000
50.000
3.954.047
3,552,718 6.820,268 (6,418,939)
baknnce oi I
Apiil 2tt23
GO￿$/
K055eil
Balurt¢e ¢71
31Morth
Income
Expenditvr8
General Ivnds
Rethided funds
Drtignuled
3.431,447
178. 903
177.
3.533,350
4.768.872
1.048.3a5
14,Tr1,9241
11, 102,886J
3.428.J95
124.323
5.817.178
15,797.810J
3.552.718
Gr•up
2025
2024
Lknr0sfr4etsd It**trkt•d
ds
Invesh•
Cvrrqrt 0$$4$
Cvrronr liablilhs
Credvors *Jrn¢nl$14lling dlie alter rncrt thfjn or* y•or
2.S30,051
150,(XX>
1.826.31
1454.4251
1197.8971
3.854.047
2.530.051
150.¢
1.926.319
1454.4251
1197,897
3.954,047
2.494,421
151.669
1,210.868
132J,0631
2.494,421
151,609
124.323 1,335,191
1323.(AS31
1105.5
724,323 3.552.718
i(J).crfy)
I￿,000
3 128.395
24 not In¢•me t• nel Cash fl+)w fr•m •p•ral#ig adivlrf
Gr(wp
2025
2024
Nét I￿On￿ f•r ih rep•rtlng p•rlod la$ p•r the statsm•rt d fln4Mial +xtiYhi•sl
A&ivstnKnts (on
Depr•ciulion ¢hrJrg•s
Arnortisallon
Dl$posuls
Ilnuea$•l/Deu¢ase in ilockj
Ilnctoasel/Dèueos• n de&ors
Increose n credittsr$
N¢1 eash provided by •per¢*ing acilvkle$
401,329
21.368
199,537
134.392
463
16031
180,5(X>l
223 759
743,979
11,4251
197,332
25 Analysis af (wh and Cash equivale￿5
Grwp
2025
2024
Cash in hand
Total ¢qsh and ¢ash ¢qvivale￿5
1,414,578
1,414.578
gQ4.560
904.300
48

THE FORGEf ME NOT CHILDREN'S HOSPICE UMfTED
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 (continued)
Op•Mikny IBa5e
As &131 Marth 2025 ihe Group and t￿ Charlty comrnitments to m4keluiure mininum le•5e paymems under nOn￿l￿811ab1t opevatlng
leases as fdlows..
Or•up
202S
2024
i•nd qnd
MviThvm leas¥po>YDerds vnd•r nOTrC4]n¢thE4e
¢pwaIkn91•o￿ loll dut w loNtrws'.
L•¥s•s whi<hknrm4)u￿ wehhTr ￿ ￿Or
M¢r¢ fvJr*ene nol mor• Irrfe ywrs
éer 5 years
82,750
185.333
2.680
124.523
292.240
18,750
1.810
2.720
202$
2024
Mnrmjm knsepry)TheN> uthnortrC¥JnEthYgble
leastt Ii*ll dve os Idlow&'.
whKh wihin
Lease5 tWrnV¢)r¢ ui rywxo kn ¢Thi*qr bjl n
mi*$thors1￿
ieJse5ththkhtermlM*knnwethaTr5vew5
2.680
4.810
2720
27 Penslon commllments
The Ossets of the scheme are held separotely from those of the Chorrty in Independently
adminlsteTed funds. The pension cost represents contributions payable by the Charity to the
funds and amounted to £405,163 (2024: £330.967). Contributions amounting to £26.027 {2024..
£33,151) payable at the yeorend are included in other crerfitors.
The Charity operates Iwo different pension schemes. the roles payable by the Chorfty vary
befvleen the NHS Scheme with employers, contribution rates of 14.38% Ilhe addillonal 6.3% is
being funded centrolly by NHS England as the totol Employers confribution ore 20.68%) and
the Peoples Pension Scheme whereby contributlons of 3% to 7.5% are pcryable by the
ernployer.
Rel(￿d party *ansacllons
Advantage hos been taken of the exemption in Financial Reporting Standord 102 ('The
Financial Reporting Standard appficable in the UK and Republic of Ireland'l from the
requirement to disclose the tronsaction with group compunies on the grounds that they ￿e
wholly owned.
29 Surplvs / {Deficll} of the Charlty
The Charity has reported a loss for the financial year of £32.949 (2024105s: £381.857). The loss is
stated before dividends of £250.00012024: £310.000) have been received from FMNT Trading.
resulting in o surplus of £217.05112024: loss £71.857). The parent Charity's statement of financial
octivities has been excluded vnder secllon 408 01 Ihe Componles Act 2006.
30 Conlrolllng party
The Charity is controlled by the Board of Trvstees. No one trustee has vltlmate control.
49

THE FORGET ME NOT CHILDREN'S HOSPICE LIMrrEO
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025 {contlnued)
31
Prfnclpal subsldlarfes
The followlng was a svbsldary vnderhyklng of Ihe Chartty.
Name
Compary
nun*•r
Reglslered ofnc• or pknclpal plac• of ￿1n￿l
FMNT Trodlng 06332
Forget Me Not ch￿Cken'S Ho¥)ice. Ru558N Hov5e, F811 Management and
Greave Road. Hud¢Je￿￿ld. HD2 1 NH
OP8Tation of Chortty5hops
aoss of shw
Holthng
Inelud•d In conwlklall•)n
olnary
Ye$
The finandol results of Ihe wb&dlory for the yearwere..
Nom•
Incom•
Exp•ndllvre
Prollllorlh• y•
N•t
FMNT Trodng ltrntted
2.131.118
316.123
307AJ8
The followlng wa5 a 5ubsldlary undertaklng of the Charfty..
Nam•
Company
number
R•glsleTed offlc• w prfnclpal plac• ol
Prfnclpal actfv
FMN
CGfflmorcl¢Jl
Ltd
C*Ms ol shryes
161(D255
Forget Me Not Chklren's Hryfce. Russell House.
Fell Greave Rood. Hudde￿￿1d. HD2 1 NH
cc*nm￿ckJ1 Octl￿ty lo
5UPPOrt charfty
Ilol(In9
Includ•d In ¢orndMallon
Ordlnary
Icu%
No
th
The subsidiary was incorporated on 25 November 2024 but has not cornmenced trading during the
year.
50