Company Registration number 05536898 Charity Registration number 1113821 Kids Cancer Charity Company limited by guarantee Direetors, report and financial ststements for the year ended 31 March 2024 Kids Cancer Charity Company limited by guarantee Contents Page Trustees, annual report 1-10 Auditors, report Statement of Financial Activities 14 Balance sheet 15 Notes to the flnancial statements 16-24 Kids Cancer Charity Company limited by guarantee Company inforniation Directors K Shastri - Chairnian T T Dewan PCHunt R l Ambrose (Resigned December 2023) D West Secretary V Jones Company number 05536898 Charity number 1113821 Registered office Child Care Centre Waunarlwydd Road Cockett Swansea Wales SA2 OGB Auditors RH Jeffs & Rowe 27128 Gelliwastad Road Pontypridd CF37 2BW Business address Waunarlwydd Road Cockett Swansea Wales SA2 OGB Bankers Barclays Bank plc Newburgh House Charter Court Pheonix Way Swansea Kids Cancer Charity Trustees, Annual Report for the year ended 31 March 2024 The Trustees present their report together with the financial statements of the Charity for the year ended 31 March 2024. The financial statements have been prepared in accordance with the accounting policies set out in the notes to the financial statements and COTnply with the Charity's Memorandum and Articles of Association and Statement of Recommended Practice Accounting and Reporting by Charities. This report also represents the directors, report as required by Company Law Directors and Trustees The directors of the charitable company (the charity) are its trustees for the purpose of charity law and throughout this report are collectively referred to as the trustees. Trustees The Trustees who served the charity during the year were: Dr. K Shastri (Chainnan) Mr. T T Dewan Mr. P C Hunt Mr. R l Ambrose (Resigned December 2023) Mr. D West Constitution The Charity was first registered at the Charity Commission in May 1989 as Christian Lewis Trust and became an incorporated company limited by guarantee from the I st April 2007 with the name Christian Lewis Trust Limited. In July 2011 the charity's name was changed to Kids Cancer Charity to better reflect the services offered by the charity. The operation of the charity is th¢ responsibility of the trustees who are empowered to invest the resources of the charity at their discretion. Appointment of Trustees Trustees are appointed by invitation only. A prospective Trustee is invited to attend a number of meetings and then, if appropriate, invited to join the charity. Trustees are members of the board and all are unremunerated volunteers. Trustee Induction and Training All trustee induction and training is conducted in house and provided by other trustees and the management team. The trustees take full advantage of the guidance provided by the Charity Commission. History Kids Cancer Charity was established in 1989 as Christian Lewis Trust to help children with cancer and their farnilies. The charity is an equal opportunity organisation and its objectives remain unchanged as we continue to strive to help all children atyected by cancer but we have, over the last 35 years broadened the range and scope of the services we offer in order to meet the ever changing demands. Page I Kids Cancer Charity Trustees, Annual Report for the year ended 31 March 2024 Although the incidence of childhood cancer has increased since the 1960's, it is most gratifying that with the advances in the management and treatment of cancer, eight out of ten children now survive five years or more. With the growing numbers of childhood cancer incidence and survivors, the charity remains committed to reach all those children and their families who may need its help. The charity is an equal opportunity organisation and the Trustees are committed to an environment that is free from any form of discrimination on the grounds of colour, race, ethnicity, religion, sex, sexual orientation or disability. The charity continues to makes reasonable adjustments to meet the needs of staff or families who are or become disabled. Our Aims To improve the quality of life for children and teenager5 aged between 3 and 18 years of age who are affected by cancer. To provid¢ emotional and practical support that Complements and adds value to the services provided by the statutory authorities. To recognise that childhood cancer affects the entire family. Public Benefit In setting our objectives and planning our activities the Trustees have given careful consideration to the Charity Commission's general guidance on public benefit and in particular, the Trustees have referred to and complied with the dvty in section 17 of the Charities Act 2011 . The Trustees considered how the Charity's planned activities have contributed to the aims and objectives they have set. The Board seeks to provide a structured training programme that develops its staffs capabilities, competences and skills to ensure the very best of care for families utilising our services. Who do we help. Children and teenagers who have cancer. Siblings of children/teenagers who have been diagnosed with cancer. Childrenlteenagers who are on treatment. Childrenlteenagers who are having palliative care for tenninal caneer. Siblings of childr¢nlteenagers who have a terminal prognosis. Childrenlteenagers who have been bereaved by cancer. The families of any of the above Our services Play Therapy Bereavement Support Befriending Support Groups American Dream Experience Programme Disneyland Paris Programme Compassionate Care Breaks in the UK Page 2 Kids Cancer Charity Trustees, Annual Report for the year ended 31 March 2024 Therapeutic Services In addition to coping with their diagnosis of cancer, children and teenager5 can also find it difficult to cope with the emotional and psychological consequences of their illness. In contrast to adults, the treatment protocols for children are often delivered on extended timescales over many months. For example, a child with Leukaetnia may undergo continuous chemotherapy for 39 months or more. These treatments and surgical procedures can be very frightening to children and affect every aspect of their lives and well-being. The brothers and sisters of a child with cancer are also affected and siblings may be traumatised by the very real possibility of bereavement. These powerful emotions deeply affect the whole family. Our experienced therapists work with these children and their families to provide the support to help them through these very difficult times. Play Therapy Play Therapy enables children to express themselves through the medium of play. The therapist's role is to provide a safe, supportive, empathetic and unconditional environment for the children to explore and communicate their feelings. To do this the therapist must have the skills to engage the children's natural language of play to Provide the context to enable them to express their feelings. One of the important aspects within play therapy is the relationship and trust the therapist is able to build with the children. Our therapists use puppets, musical instruments, art etc. for children to play out and therefore communicate their sense of trauma and life experiences. Bereavement Support Death is one of the most painful losses an individual can experience. The pain and grief of bereavement can be overwhelming particularly if there are children involved. The charity has extensive experience of helping children and teenagers come to tenns with death and offers 'one to one, bereavement support as well as facilitating support groups. When we work with a bereaved child or teenager, we recognise that grief can be unpredictable and that parents in particular experience shock, denial, anger, depression, and desolation. What is important is that we support these families throughout their grieving process. Although we cannot take the pain away, we can help individuals focus and cherish their happy experiences as a family and provide the necessary support through their grief. As well as supporting children or young persons to express their feelings, we also make sure that they feel able to talk and remember the person who has died. Our experience shows that even in the most loving of families, a grieving child or young person will not mention the person who has died, for fear of 'making' others feel sad. Yet research shows that children and young people need to talk and remember the one who has died. Page 3 Kids Cancer Ch2rity Trustees, Annual Report for the year ended 31 March 2024 Befriellding Dealing with beieavemenL a lif¢-limiting illness or supporting a loved one who is very ill can be one of the greatest challenges anyone has to face. We offer befriending opportunities either face to face or on the telephone to overcome a sense of isolation and to support a parent/guardian/carer through these very difficult times. Befriending offers the opportunity to talk in confidence to someone who has a deep understanding of the many issues associated with cancer. Our befrienders offer a supportive relationship and are able to talk about many dilyicult issues including death, the stages and process of dying, the likelihood of experiencing pain and the powerful emotions always associated with a diagnosis of cancer. Support Groups We have a number of support groups whose members share a similar experience and are therefore able to provide mutual support for each other whilst sharing experiences and the opportunity to seek help and support. This may take the fonn of relating personal experiences, listening to other members, experiences, providing sympathetic understanding and establishing friendships. These group sessions can help individuals work through their difficulties, offer a sense of belonging and dispel isolation. Each group has a facilitator who helps the group to express common experiences and who ensures that everyone in the group is included. The facilitatQT also makes the practical arrangements for the meeting. Holiday Programmes The childrenlteenagers and their families often have to endure many months or even y¢ars of difficult and painful treatment that has an emotional impact on the whole family. They are devastated and can feel frightened, anxious and confused by ¢verything that is going on around them. The charity offers direct and practical support to these families and those bereaved by cancer and having to cope with their loss and grief. Our holiday programmes offer families a much-needed break and gives them the opportunity to spend quality tiTne together away from hospitals, work and other pressures. It gives families something positive to look forward to and a goal to achieve. America]R Dream Experience It is almost every child's dream to visit Mickey Mouse and friends in the Magic Kingdom, but a visit to America can be an overwhelming experience if you have a child with cancer. The charity gives families the opportunity to visit the Magic Kingdom and meet many of the characters, building special memories that will last forever. The charity taTlors all itineraries individually to meet the needs of each family providing a stress-free holiday for the whole family. Theme Park visits can be an exciting'Experience of a Lifetime, and we pride ourselves on ensuring that families are well briefed before they travel to ensure they get the very best from the visit. Page 4 Kids Cancer Charity Trustees, Annual Report for the year ended 31 March 2024 As part of our 'AmeTican Dream Experience, families have the opportunity of staying at our luxury four bedroomed 'Home from Home, villa which is situated in a quiet location next to a conservation area, yet within easy distance of all the major theme parks in Orlando. Disneyland Paris Programme Kids Cancer Charity works with Disneyland Paris offering children with cancer, and their iTnmediate families (parents/guardianslbrotherslsisters) the opportunity of a three-day break to visit Mickey and his friends at Disneyland Paris. Accommodation on offer is at an on-site Disney Hotel i.e. Newport Bay Club (or similar) which is situated on the shore of Lake Disney and includes a free three day unlimited admission pass to both Disneyland Park and Walt Disney Studios Park. Our families are provided with a priority badge that allows the whole family to bypass the queues for the rides. Compassionate Care Breaks in the UK Our UK breaks are designed around families with children or teenagers with cancer to enable them to spend quality time together in a relaxed environment. The Charity offers families a free holiday at one of our four caravans in Wales. Often this will be the fust family holiday since diagnosis and provides the whole family with an opportunity to spend time together away from the stresses of hospital and invasive treatment allowing them to rebuild the family unit. The parents also have peace of mind knowing thaL if they do unexpectedly need treatment for their child, the best medical facilities are easily available and there is always back-up support close to hand. One of our luxury caravans is fully adapted for wheelchair users, and all have central heating, double glazing and are sited on holiday park5 in three different coastal locations in Wales. During 2023124 a new lodge was opened in Burnham-on-sea. Who have we helped in the past year. Here are some of the family stories of children and teenagers who we have helped during 2023 - 2024. For reasons of confidentiality names have been anonymised. UK Breaks Jack's Sto Jack has been in and out of hospital since he was diagnosed with a Tare brain tumour when he was three years old. Since diagnosis, Jack has had to endure surgery, chemotherapy, and radiotherapy. But in July 2023, his doctors advised mum and dad that Jack had unfortunately relapsed again and that they had exhausted all treatment options, and that they should go and make as many memories as possible. Jack's hospital called the charity to see if we could urgently arrange a respite break for Jack and his family. Given the urgency of the request, the charity rescheduled the bookings for their Haven caravan on the North Wales coast for Jack and his family. It has excellent children's activities, easy access to the beach, and was an easy drive from Jack's hospital. Page 5 Kids Cancer Charity Trustees, Annual Report for the year ended 31 March 2024 Reassured that they would be able to reach Jack's doctors in case of need, Jack and his younger brother Jacob, Mum and Dad travelled to our caravan for a long weekend to make memories that will last for ever. Following their visit, mum wrote to the charity to say. Favourite Memories Watching my boys dance and join in the fun. These memories are so precious to us, we had a fantastic time and a lovely trip up Mount Snowdon. Memories for a lifetime, Thank you so much. During 2024, 212 families like Jack's, enjoyed a respite break holiday at one of our caravans. Disneyland Paris Luke's Sto Luke was only five years old when he lost his mum to cancer. Within a few months of her death, Luke started having headaches, and his dad noticed that that his walking had been affected. Deeply concemed, his family doctor referred him to hospital. Unfortunately, Luke was diagnosed in January 2023 with a rare brain tumour and was admitted for urgent brain surgery. Since then, he has had a further three brain operations to Control his tumour as well as chemotherapy and proton beam therapy. In February 2024, the oncologist told Luke's dad that there were no further treatment options available, and that Luke's prognosis was grim. Luke's dream was to visit Disneyland Paris, and his family urgently contacted the charity to a￿ange a visit. Happily, the charity's contacts at Disney were able to make urgent last-minute arrangements for Luke, his little sister Amy, Dad and his auntie. In addition to the theme park tickets, Luke's family stayed at one of Disney's nautical themed four-star hotels. They also received the coveted Disney Wish Lanyard, giving them VIP priority to all the rides, shows and characters. On arrival at Disneyland, they were met by the 'Wi5h Team, and 'VoluntEARS' who made sure Luke was escorted like royalty around the park and received full VIP privileges. On return from Disney the family wrote to let the charity know how much the trip meant to them; "The priority pass and being escorted right to the front of the queues was amazing and allowed us to fit so much more in, not sure we'd have managed to get much in otherwise as we hadn't had a lot of time to plan where and when we were doing things. A huge thank you for helping to organise all of this and giving us the opportunity to do something that we'll never forget" In the last financial year, the charity organised 56 family trips to Disneyland Paris. Page 6 Kids Caneer Charity Trnstees, Annual Report for the year ended 31 March 2024 Play Ther2Py Charlie's Sto When eight-year-old Charlie's sister Bella (4) died from leukem1￿ Charlie felt that she had failed to save her little sister from this dreadful disease. Flashbacks to the day Bella died were affecting Charlie's sleep, her attendance at school and her friendships. Charlie was referred to the charity's play therapy team. The therapy sessions gave her a safe space to play out her feelings of the traumatic weeks leading up to the day Bella died. One bereavement play therapy activity was creating a book to tell the 'Bella and Charlie story,. A story of what happened, how she felt remembering the good times, as well as the sadness and grief of what happened to Bella. As the weeks passed, Charlie felt more able to return to school and her flashbacks lessened. In her feedback, Charlie said that having time with the play therapist really helped her as she could talk about everything without making anyon¢ cry. She learned that it was OK to sometimes feel happy, instead of always feeling really sad and afraid that she would have a flashback. Our latest update is that Charlie is doing well and has settled into her new class although she still deeply misses her little sister. Charlie has recently taken part in a gymnastics competition, and her team won first prize! Veri '5 Sto One day in October 2023 Verity ( I l ) woke to find that she was unable to walk. She was rushed to hospital and after lots of scans and tests she was diagnosed with a brain tumour. Verity had a brain operation the same day and after a weeklong stay in hospital, was able to come home to recover. Although her physical wounds healed, Verity struggled mentally and emotionally to understand what had so suddenly happened to her. Verity was referred to charity for play therapy and she used her sessions to work through all that had happened in such a short period of time. Over time she better understood her diagnosis and treatment, her confidence and sense of humoui returned, and her family felt that Verity had regained her enthusiasm and carefree self. In recent months Verity has participated in several dance competitions, attended a Taylor Swift concert and has taken up skateboarding. During this reporting year the charity worked with 199 children like Charlie and Verity. Page 7 Kids Cancer Charity Trustees, Annual Report for the year ended 31 March 2024 Disney World Florida Lavinia's Sto When she was I l Lavinia was diagnosed with Acute Myeloid Leukemia and immediately started chemotherapy. Following the Completion of her treatment the family were looking fon¥ard to visiting Disney World and the charity's villa in Florida. Unfortunately, the global pandemic was declared, and the trip was cancelled due to the lockdowns. The charity promised that as soon as the pandemic was over we would rebook their once in a lifetime trip. When the Covid restrictions were finally lifted in July 2021, Lavinia needed to avoid t¢rn] time as she was focussing on her GCSES. However, in December 2023 the charity fulfilled its promise to Lavinia, who is now 17, and her family - they travelled to Florida to visit Mickey and friends, as well as the many theme parks in the area. Mum and Dad wrote to the charity to say" "It was an incredible holiday that re-connected us as a family. With two older teenagers (aged 17 and 14) it was a holiday we would never have been able to achieve on our own - so many pinch-me moments! Give Kids The World is a very special plac¢, and we felt very lucky to spend time there - there was something for everyone. The villa was huge and better than expected and the pool was great. We had a relaxed and amazing time. Thank you for making the most magical holiday possible for uslff Under the American Experience programme, 58 families visited Florida in this accounting year. Our villa is fully booked for 2025 and 2026 and we are now taking bookings for 2027. Page 8 Kids Caneer Charity Trustees, Annual Report for the year ended 31 March 2024 Chairman's Re ort Celebrating 35 Years of Service: A Year of Resilience aDd Growth This year marked a significant milestone for our charity as we celebrated 35 years of service d1￿CtlY contributing to the quality of life of children with cancer, and their fatnilies. However, the current economic climate, marked by the cost-of-living crisis and pressures on the NHS, has presented significant challenges. The demand for our services has increased dramatically, while our ability to raise funds has been adversely impacted. Despite these difficulties, we have shown remarkable resilience. To meet demand. we increased our direct charitable spending by 12.5 % in the past year, reaching a record £564K, a 3 5 % in¢reLse over the past five years. With rising demand for our services. we recognise that our core income must groiv to meet tlie costs of delivering our services. The charity's board is approaching this task with determination. We have focused on streamlining our fundraising activities, reorganising and repurposing our resources to ensure maximum efficiency. These changes have already delivered significant results with total income rising by a remarkable 30% this year to £645K. Our teams continue to work tirelessly to engage individuals and businesses across the UK. Their efforts, combined with the generosity of our supporters, have provided the vital funds needed to keep our projects running. From challenges and competitions to events and donations, our teams and supporters have given their time, energy and money to enable us to make a life-a￿l￿ning contribution to the children and families we serve. In the coming year, we will continue to streamline our fundraising processes to improve efficiency and reduce administration. We will also seek to strengthen our connections with the business community, and secure corporate partnerships and "Charity of the Year" collaborations. One of our most significant achievements this year was the opening of a new lodge in Burnham-on-sea for our Compassionate Breaks program. This £72K investment, made possible by the generous support of the Noah's Retreat Fund, provides a convenient location for respite breaks for children attending major hospitals like Addenbrookes, Great Omiond Street, and the Royal Marsden. We are deeply grateful to Noah and his family for their significant fundraising efforts, which have allowed us to expand our UK holiday program. The charity maintains free reserves to ensure the uninterrupted delivery of our objectives, regardless of short-terni fluctuations in income and expenditure. The board of Trustees has determined that six months of forward-looking operating expenditure is an appropriate level of reserves. At tlie end of this financial year, our free reserves represented five months, cover for our operating expenditure. I would also like to express my heartfelt gratitude to Richard Ambrose who resigned as trustee earlier this year due to personal commitTnents. Richard tnade a signiflcant contribution as a trustee and his dedication, expertise and support will be deeply missed. Page 9 Kids Cancer Charity Trllstees, Annual Report for the year ended 31 March 2024 Despite the challenges, this h&s been a year of resilience and growth. None of this would have been possible without the dedication of the charity's staff. trustees and suptxTrrters which has enabled the charity to deliver its objectives. My thanks 10 you all for your comtnitmenc to this charity. tatelnent of Trustees, Res nsibilities The trustees (who are also the directors for the purtKTrse of company law) are responsible for preparing the Annual Report and ihe financial sthtements in accordance wilh applicable law and re(rulations. Company law requires the ttustees to prepare financÈal sthtements for each financial ye￿. Under that law the tnisLees rnust prepare the financial slaten]ents in accordance with United Kinudom Generally Aecepled Accouncing Practice (United Kintrdom Accounting Standxrds and applicable law). Under company law the trnstees must not approve the financial staietnents unles5 they are satitsfied thai they give a true and fair view of the state of affairs of the charitable compa[L￿. and of the incoming resources and applieaiion of ￿SourCes, including ihe income and expenditure. of the charitable company for that periiKI. In preparing ihese financial statements. the trustees are reqUI￿d to: -seleeÈ suitable accouncing policies and then apply them consisienily- -observe the methods and principles in the Charilies SORP: -make judgmeThts and accounting estimates that reasonable and prudent. -slate whether applicable UK Accountints Sthndards have been followe& subject to any material departUTes disclosed and explained the financial statements: and -prepare the financtal statements on the going concem basis unless li is inappropria* to Presume that the charitable company wÈll continue to opernte. The trustees are responsible for keeping adequate accounting ￿cOr(L￿ thai are sufficient to show and explain the charitable company's transactions and disclose with reasonable aceurdcy at any lime the financial position of the charitable company and enable them to ensuic ihai the financial statemenis comply with the Charities Act 2011. They are also responsible for safeguarding the asseis of ihe company and hcnce for taking reasonable S￿pS for the prevention and deiection of fraud and other irregularities. The ttustees confinn ihat so faT as they are aware, the￿ is no relevant audit information (as defined by section 418(3) of the Companies Act 2006) of which the ch￿itable company's auditors are unaware. They have iaken ail the steps that they ought to have taken as trnstees in order to make theTnselves aware of any relevant audii information and to estsblish ihat the Charitable eompany's auditors are aware of that inforniation. This report has been prepa￿d in accordance with the provisions applicable (o companies subjecl to the small companies, regime. This re￿rt was approved by the Trustees on the .. Krish Shastri 112.l.Iw... and signed on its behalf by: Dr Krish Shastri Chairnian Page 10 Independent auditors, report to Kids Cancer Ch2rtty, Company limited by guarantee, under Section 449 of the Companies Act 2006 Opinion We have audited the financial statements of Kids Cancer Charity (the 'charitable company,) for the year ended 31 March 2024 which comprise the Statement of Financial Activities, Balance SheeL Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements: give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice. and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ESAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Audltor's responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accoTdance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we l)ave fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sutTicient and appropriate to provide a basis for our opinion. Conclusions relating to going concern We have nothing to report in respect of the following matters in relation to which the ISAS (UK) require us to report to you where.. the trustees, use of the going concern basis of accounting in the preparation of the financial statements is not appropriate. or the trustees have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Other infomation The trustees are responsible for the other information. The other information comprises the inforniation included in the Trustees, Annual Report other than the financial statements and our auditor's report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent othenvise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other inforn]ation and, in doing so, consider whether the other inforniation is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies OT apparent material misstatements, we are required to detern]ine whether there is a material misstatement in the financial statements or a material misstatement of the other infonnation. If, based on the work we have perfonned, we conclude that there is a material misstatetnent of this other inforniation, we are Tequired to report tliat fact. We have nothing to report in this regard. Page 11 Independent auditors, report to Kids Cancer Cbarity, Company limited by guarantee, under Section 449 of the Companies Aet 2006 Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit: the information given in the trustees, report, which includes the directors, report prepared for company law purposes, for the financial year for which the financial statements are prepared is consistent with the financial statements; and the directors, report included within the trustees, report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees, report. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion- the charity has not kept adequate accounting records, or returns adequate for our audit have not been received from branches not visited by us. or the financial statements are not in agreement with the accounting records and returns. or certain disclosures of trustees, remuneration specified by law are not made. or we have not received all the inforniation and explanations we require for our audit. Responsibilities of trustees As explained more fully in the trustees, responsibilities statement the trustees (who are also the directors of the charitable company for the purposes of company law)are responsible for the preparation of the financial statements and for being satisfied that they glve a true and fair view, and for such internal control as the trustees determine is necessary to enable tlie preparation of financial statements that are free from material misstatemenL whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue L8 a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually 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, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatevnents in respect of irregularities, including fraud. Based on our understanding of the Charity and its activities, we identified that the principal risks of non-compliance with laws and regulations related to the Charities Act 2011, Charities Statement of Recommended Practice, UK tax legislation, pensions legislation, employment regulation and health and safety regulation, anti-bribery, corruption and fraud, money laundering and we considered the extent to which non-compliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements, such as the Companies Act 2006. We evaluated the Trustees, and management's incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls) and detemiined that the principal risks were related to posting manual journal entries to manipulate financial perfomiance, management bias through judgements and assumptions in significant accounting estimates, in particular in relation to us¢ of restricted funds, and significant one-off or unusual transactions. Page 12 Independent auditors, report to Kids Cancer Charity, Companv limited by guarantee, under Section 449 of the Comp9nies Act 2006 Our audit pmcedures were designed to respond ro those identified risks, including non-compliance wilh laws and regulacions (irregulariiies) aT)d f12ud thai are ma￿rial to the financial slatements. Our audii pr￿edureS included buc were not limited to.. di5eussing with the Trusiees. and managemerEt their policies and procedures regarding compliance with laws and re2ulation5- communicating identified laws and regulations throughoui our engagernent team and remaining alert co any indications of non-compliance thrnu(Fhout our audit. and considering the risk of acts by the Charity which were contrary ￿ applicable laws and regulations, including fraud. Oui. audit pr(xeduirs in relation to fraud included but were not limited to: making enquiries of the Trusttes, and manatsement on whether they bad knowledoe of any actual. suspected or alleged fraud- gaining an understanding of the Antrrnal controls established ￿ miiiga* risk5 rela￿1 to fraud. discussin Cq O m In rry tt¢ om w) O t 41 try Tt o eq - ￿- 000￿ oooooao oooooa ,1 L)rA U J u c< O Kids Caneer Charity Company limited by guarantee Notes to the financial statements for the year ended 31 March 2024 continued Net Incoming (Outgoing)/Resources Total year to 31103124 Total year to 31103123 This is stated after chargingl(crediting): Depreciation Auditors Remuneration Trustees Expenses 26,935 3,560 435 17,213 3,368 580 Staff Costs Total Total year to year to 31103124 31103123 Staff costs during the year comprised of the following: Staff Salaries Employers National Insurance Pension Costs 300,795 17,852 5,750 278,318 12,688 16,323 324,397 307,329 The average number of full time and full time equivalent employees during th¢ year amounted to 13 (2023 . 12), and can be analysed &s follows: Fundraising Services Management & Administration No employee was paid £60,000 or more during the year (2023 . Nil) The trustees received no remuneration or benefits in connection with the perforniance of their duties, apart from the reimbursement of expenses, as shown in note 4. There were no related party transactions which required disclosure occuring during the period. Page 20 Kids Cancer Charity Company limited by guarantee Notes to the financial statements for the year ended 31 March 2024 continued Land 2nd FRxtures, Buildings Crisis Breaks Fittings and Freehold Can]vaDS Equipment Tangible Fixed Assets Total Cost At l April 2023 Additions 249,049 1,950 188,769 72,063 20,230 10,076 458,048 84,089 At 31 March 2024 250,999 260,832 30,306 542,137 Depreciation At l April 2023 Charge for the year At 31 March 2024 2,550 2,504 157,559 21,797 12,072 2,634 172,181 26,935 5,054 179,356 14,706 199,116 Net book values At 31 March 2024 245,945 81,475 15,601 343,021 At 31 March 2023 246,499 31,210 8,158 285,867 Page 21 Kids Cancer Charity Company limited by guarnntee Notes to the finaDcial statements for the year ended 31 March 2024 continued US Property The Charity own a freehold property in Florida, United States of Americ4 which is used under its "Family Crisis Breaks" initiative. For legal purposes two companies have been incorporated in the USA to respectively hold the deeds to the property and administer the day to day use for family crisis breaks. A summary of the assets and liabilities of the investments are: 31 March 2024 31 March 2023 Fixed Assets Freehold Property Fumiture & Equipment 225,414 1,543 234,399 2,705 226,957 237,104 Current Assets Cash at Bank 2,811 2,893 2,811 2,893 Current Liabilities Creditors (401) (29) 2,410 2,864 Net Investment 229,367 239,968 Funds to maintain the property and other operational costs are currently funded by the United Kingdom fund raising operations. The property element of the investment is depreciated at 20/0 Straight Line. Furniture & Equipment is depreciated at 15 % Straight Line. All of the above figures also take into account exchange rate fluctuations. Other Investments Balance at Interest 31 March 2023 accrued Balance at Transfers In 31 March 2024 Monmouthshire Building Society Nationwide Building Society 106,256 165,732 2,822 5,816 109,078 171,548 271,988 8,638 280,626 Page 22 Kids Cancer Charity Company limited by guarantee Notes to the financial statements for the year ended 31 March 2024 continued Debtors 2024 2023 Prepayments and accrued income 6,973 5,674 10. Creditors: amounts falling due within one year 2024 2023 Trade creditors Other taxes and social security costs Accruals and deferred income 22,297 5,487 19,873 6,576 4,918 14,385 47,657 25,879 11. Analysis of Net Assets between Funds Total 2024 Unrestricted Restricted Tangible Fixed Assets Investments Net Current Liabilities 261,546 509,993 (45,160) 81,475 343,021 509,993 (27,145) 18,015 726,379 99,490 825,869 Page 23 Kids Cancer Charity Company limited by guarnntee Notes to the financi21 statements for the year ended 31 March 2024 continued 12. Restricted Funds At 01104 Incoming Outgoing At Resources Resources 31103124 Play Therapy - BBC Children in Need Care Breaks - Caravan Acquisition Specific Location Noah's Retreat 31,913 (31,913) 26,000 46,010 5,000 43,200 54,000 31,000 68,490 (20,720) (54,000) 72,010 134,113 {106,633) 99,490 Restricted Fund descri tions Play Therapy The BBC Children in Need restricted fund represents grant monies received for the employing of a play therapisL and the training and other employment costs connected with the role. Care Breaks l) Caravan acquisition represents restricted income to purchase a new caravan at Burnham on Sea. 2) Specific Location represents grants and donations received from various bodies to help give families a much needed holiday. The money received will have been restricted to helping families from a specified location. 3) Noah's Retreat Fund represents restricted fundraising income towards the purchase of the lodge at Burnham on Sea at the end of the 2023 holiday season. 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