CHALONER CHILDRENS CHARITY REPORT AND ACCOUNrs 5 APRIL 2024 CONTENTS Page Charity infomlation Trustees, report Independent Examiner's report Statement of financial activities Balance sheet Notes to the accounts io/ii Charity number: 1115902 CHALONER CHILDRENS CHARITY CHARITY INFORMATION Trustees SDFJohns C J Andrew N Banke D P Snyder Principal address 35 Westgate Huddersfield FIDI IPA Accountants Wheawill & Sudworth Limit Chartered Accountants 35 Westgate Huddersfield HDI IPA Principal bankers Royal Bank of Scotland 49 Chai'ing Cross London SWIA2DX CHALONER CHILDRENS CHARITY TRUSTEES, REPORT The trustees present their report and account5 for the year ended 5 April 2024. Principal activity and status Tlie charity is a non-profit seeking unincorporated charitable organisation whose principal objective is to benefit children generally. It is a registered charity, charity number 1115902. Trustees, responsibilities for preparing the accounts Cliarity law requires the trustees to prepa￿ accounts for each fInancial year which give a true and fair view of the state of affairs of the charity and of the profit or loss of the charity for that period. In preparing those accounts, the trustces are required to select suitable accounting policies and then apply them consistently- make judgments and estimates that are reasonabl¢ and prudent; prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsibl¢ for keeping proper accounting records which disclose with reasonable accuracy at any tim¢ the financial position of the charity and to enable them to ensure that the accounts comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Trustees The trustees who served during the year were: SDFJohns C J Andrew D P Snyder (appoint¢d on 21 April 2023) N Banke (appointed on 21 April 2023) Review of financial position These details are set out in the Stateinent of Financial Activities on page 5 of the accounts. Total reserves of tli¢ charity at 5 April 2024 were £687,990 (2023: £724,316) Reserves policy and risk management The trustees have forn]ulated policies to ensure that the charity maintains adequate reserves to finance its operations. Risk management procedures are in place to help safeguard the on-going viability of the charity and to protect its assets. Public benefit statement The Charity has met its principal purpose by making donations to appropriate children's organisations and charities. The trustees have due regard to the Charity Commission's public benefit guidance when exercising any powers or duties to ivhich ihis guidance is relevant. On behalf of the trustees. SDFJohns Trustee 27 September 2024 Chalonef Children'scharity Chaloner Children's Charity Trustees Report Review of the Year The Chaloner Children's Charity (CCC) continued to expand its core educational programmes both internationally and in the UK. CCC'S focus in Africa remains working in some of the poorest areas where there 15 no government funding for education without the charity's intervention. In the UK. CCC expanded its literacy programme, and continued funding an academic support centre for disadvantaged children living in an area where there are high levels of economic deprivation. Sierra Leone CCC continued to participate in a large-scale programme in the rural areas of Sierra Leone with the goal of getknng all children living here into primary education. 50 schools were completed during the year bringing the total so far to 260 schools. The schools benefited from 'soft dollar, funding which includes teacher training programmes, teacher mentoring programme5, learning materials and income generating initiatives for the communities. 80V/o of the schools are now government approved which enables them to become eligible to get at least one teacher on the government payroll. 4,000 grade 6 children took the National Primary School Exam at the end of the academic year, and 3,500 children passed and have gone on to junior secondary school. Sierra Leone (cont) Left: SLMWBO Prlmary School. Makaria community- our first finished Interlocking brick school! Middle: Is the loundation and first course of Interlocking brfcks In Kono. Eastern Provlnce. Right: The Interlocklng Brlck making machinel Sand. dlrt, cement and water mlxed and then compressed. Uganda Young student in front of Progressive Primary School, PalabeK Uganda During the year CCC undertook a new programme in the Palabek refugee camp. There are now 80,000 refugees living in the camp and over 50% are children of school age. Refugees continue to arrive, mainly from South Sudan, Sudan, and the Congo. Two new blocks have recently opened up to accommodate the influx, and CCC is undertaking to build classrooms on an open-air campus in one of the blocks. The initial programme will be for two classroom blocks, each consisting of three classrooms. The goal 15 to expand the construction so that all 1700 children registered at the school are able to learn in a safe structure. CCC completed the building work at the Progressive School to ensure that the classrooms met the government standard for permanent classrooms. The goal 15 for the school to become a government registered school which will enable some of the teachers to go on the government payroll. Currently, UNHCR together with their educational partners are responsible for the funding of the teachers. UK 11 Book vending machine5 promoting literacy and a love of booksl The three-year literacy programme which CCC undertook in partnership with the Hull and East Yorkshire Children's University was completed during the year. A total of 30 book vending machines have been installed in primary schools in areas where there is high deprivation and where some of the most disadvantaged schools do not have their own library. The teachers have been very enthusiastic about the programme, and we understand there has been a marked increase in children reading as well as improved literacy rates. UK (Cont.) CCC continues to SUPPOrt the Intouniversity Peterborough Centre. The centre offers children growing up in underprivileged neighbourhoods a safe place to learn, and encouragement to aspire and succeed. The programme includes after school academic support, sessions helping young people with their homework, and one-to-one mentoring opportunities with university students or corporate volunteers. Students are supported from the age of 7 all the way through to university. Anglia Ruskin recently opened a new university campus in Peterborough and students from the centre will be well placed to go on to university. )I113Q￿A", Intouniversity, Peterborough Centre INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHALONER CHILDRENS CHAIUTY I report on the accounts of Chaloner Childrens Charity for the year ended 5 April 2024 which are set out on pages 5 to 8. Respective responsibilities of trustees and examiner As the trustees you are responsible for the preparation of the accounts. The trustees consider that an audit is not i'¢quired for this year under section 144 of the Charities Act 2011 (the Act) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the Act. to follow the procedures laid down in General Directors given by the Charity Commission (under section 145(5)(6) of the Act). and to state whether particular matters have come to my attention. Basis of independent examiner's report My examination was carried out in accordance with the General Directions given by the Charity Commission. An cxamination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations frovn you as trustees concerning any sucli matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present 'true and fair, view and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 130 of the Act. and to prepare accounts which accord with the accounting records and comply with the accounling requirements of the Act have not been met; or to which, in my opinion, atlention should be drawn in order to enable a proper understanding of the accounts to be reached. D M Butterworth WHEAWILL & SUDWORTH LIMITED Chartered Accountants 35 Westgate Huddersfield HDI IPA 27 September 2024 CHALONER CHILDRENS CHARITY STATEMENT OF FIINANCIAL ACTIVITIES for the year ended 5 APRIL 2024 Unrestricted Unrestricted funds funds 2024 2023 Notes Incoming resourees Charitable revenues Investment income 45.000 1,112 71,250 14,206 Total incoming resources 46,112 85,456 Resources expended Charitable expenditure Management and adminÈstration 163,508 1,220 184.419 1,800 Total resourced expended 164.728 186,219 Net (outgoing) incoming resources for the year (118,616) (100,763) Total funds at 6 April 2023 724,316 801,829 Gains on investments 82,290 23,250 Total funds at 5 April 2024 687,990 724,316 The notes on pages 7 to 8 forni part of these accounts. CHALONER CHILDRENS CHARITY BALANCE SHEET 5 APRIL 2024 Notes 2024 2023 Fixed assets Investments 646,165 682,075 Current assets Cash at bank 42,825 43,441 Creditors: amounts falling due within one year (1,200) (1,200) Net current assets 41,625 42,241 Net assets 687,990 724,316 Reserves Unrestricted funds 687,990 724,3 [6 The accounts on pages 5 to 8 were approved by the board of trustees on 27 September 2024 and signed on its behalf by S D F JOHNS - Trustee The notes on pages 7 to 8 fonn part of these accounts. CHALONER CHILDRENS CHARITY NOTES TO THE ACCOUNTS 5 APRIL 2024 Accounling policies Basis of accounting The financial statements have been prepared under the historical cost conv¢ntion and include the results of the charity's operations which are described in the trustees, report and all of ivhich are continuing. The financial statements have been prepared in accordance with Accounting and Reporting for Charities.. Statement of Recommended Practice applicable to charities preparing tlieir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charities Act 201 l and UK Generally Accepted Accounting Practice. The charity is exempt from preparing a cash flow statement. Fund accounting General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general activities of the charity and which Iiave not been designated for other purposes. Investments Investments are recorded at market value. Taxation The charity is not liable for corporation tax by reason of its charitable objects and status. Incoming resources All incoming resources are included in the Statements of Financial Activities ivhen the charity is legally entitled to the income and the aFnount can b¢ quantified with reasonable accui'acy. Value added tax Value added tax is not rccoverable by the charity, and as such is included in the relevant costs in the Statemcnt of Financial Activities. Resources expended All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to that category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Expenditure on management and administration of the charity Administration expenditure not directly relatcd to the charitable activity predominantly includes professional fees. FRnancial instruments Financial instruments are classified and accounted for, according to the substance of the contractual arrangernent, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evideiices a residual interest in the assets of the charity after deducting all of its liabilities. 2023 Charitable revenues 2024 Donations Gift Aid tax refunds 30,000 15,000 55,000 16,250 45,000 71,250 CHALONER CHILDRENS CHARITY NOTES TO THE ACCOUNTS (continued) S APRIL 2024 Investment income 2024 2023 Dividends and interest 1,112 14,206 Charitable expenditure Grants, donations and travel expenses 163,508 184,419 Management and administration Independent examination fees Baiik charges 1,200 20 1,800 1,220 1,800 Net incoming resources for the year This is stated after charging: Trustees, remuneration Trustees. Iravel expenses 4,820 2,754 Average number of employees Gains on investments Realised and unrealised 82,290 23,250 Investments Investment portfolio 646,165 682,075 Creditors: amounts falling due within one year Accruals 1.200 1,200 10 Capital commitments Capital expenditure contracted but not provided in the accounts I l Related party disclosures The trustees are not aware of any material related party transactions that require disclosure. There is no one controlling party of the charity.