CHARITY COMMISSION FOR AND WALES Trustees. Annual Report for the period From 1At January 2023 Per5od start date To 31¥t Docember 2023 Period end date Chwity n•ne: The Children's Hospllal Trust South Afrlca Charlty rogtstratlon numbor: 11215T3 Objectives and Activities SORP ièfwèr Summary ol tho wrw)scs of Ihe chanty as set out K) its oming 1 11 To Tollov• skkness and lo promoto good health by supporting the Red Cross War Momorlal Hoswtsl South Afrka and tho Trust's work in paodlatrlc healthcare across Afrka. The Childrfrn's Hosphal Trvsl South AfrKa is a UK reglstefed Charity whose rolo Is to ralse awareness gen8rat• funds for tho Ch¢lkn'8 Ho$pllal Trust based in cape Town, South Afrlca. The Tntst rws8s funds for priority projects d programmes at the Red Cross War Memorlal H￿pOla1 and Paedlatrlc Healthcare w) Africa. Tho Twustoes have had regard to tho •Ke issued by the Charity Cornmlssion on publk b•neffL Summary of the main aclivilies in rolatlon lo tho purposes l(¥ Ihe public bcY)ofil. in ￿rtICUlar. tha acliviiies. prcFcts or services idonffiwj in the ounls. P¥r*1 Slatomont Crmfirming Jelher the trustees havo haj regard to tho gUIda￿e Issued by Chrlrity CcmnwssK)n on publ 1*1# 1.18 Addhlonal inft>rmation (opd￿n You ma￿chOOS￿. io m￿lud0 further statements whore rolevant aLM)ut". Polcy rffi grant mkn'ng Poly on Social kncluding program related wNestrncnt C￿tri1x1110n m•Je by volunleer5 P4￿121 Achlevements and Performance Tho TNst continues to broaden its <*pth of fundrnlshvd In the UK. It has WOfk•d dosoly wfth the Trust kn SA to devolop oxlstlng relationshlps harness new on8s. Svmmary ol the maln ievemeftts of charily. K1enlrfY￿￿ the differen￿ the tharily s WO￿ has made to the cwcumslances of its benoficnries and any widef tM)nefils 10 5(W as Il 1.20 Foundalions and Trusts remain a h The maSn wojKt WKI rnrarnmm to benefft frorn tho Tntst fundraising th1$ year ¥Mro: The Pa¢diatrK knt•nslv• Care Unit The Afrlcan Fellow8hlp PTogr¥nme Orthopaedic Programme Nurse TrainI￿j Prow¥nm• Addltional Inf0m￿tIon (optionall You ma choose to nclude lurther staterw)ts t*4herE releV￿t abwt." p￿1.11 ot4ectives sel Performan￿ of fiJThJNsing activillos againsl Ob￿￿veS sel 1.41 Inveslrr*nl perlcrnnce against otyecknves 1.41 Financlal Review ReviEw of the charity's financial posi11￿ <11 It￿ cnd (A tho period Pw¥121 Despite the continuing long terni Impact of the pandorn•c and tho ongolng economic climate the Trust has continuod to remain in a robust posltlon to moot Its Ob ects. All rnstrlcled Incorne and donat1￿5 are pald to the Hospilal Tnjst proiectg wlthln 2 month5. Minlmurn 12 months nmnin costs held In accounL Statomwl exF4ainirwJ the Jy lor IK)hJing rosefves sldtsng why they aro hold Pw41 1.22 Amount ot resorwes hekl Roasms hdith'ng zero Pv8122 P4wa 1 22 Detalls of fund maieriaty . Ext)1gnalvJn of any urKortanties aiNJJl the harity conbniwng as a g￿l¥j P*1YJ Additional Infornia￿n (t)PIIMa Youm di(*)se to irtqude furthw stalements where Trlevanl about: All oporallonal costs aro kopt to a mininxun and are covw•d by speclfic fvndlng. sponsor8hlp and Gift Aid. Thls n*ans that all donatk•ns bo appugd to the Trust actlvttles and proiKts. The tharity's pmcry)al S(XJTLL% of fun￿ (Ind￿1￿ y fundratsing) Invostment pdicy and (A)iecfv indudiw any 1.46 a(knplud A doscripiton ot the rTh(ipal tacw the charity Othor Structure, Governance and Management DeSCriptw￿ of charitys Irusls.. Type of w￿ling dcxxJff*nt 11."11￿1 dt 171, r(1 is th￿lty cayBliluled? 125 Trust De•d Trusl D••d Twsiee seleclion methods i￿luding detdils of any c￿&trtU￿.c￿1 provi5iLffiS o.g. elodion to post or nan￿ of any PCf8on {￿ bC￿Y cntitlcd lo ap￿nt rTh> ￿ more Iruslees 1.2b" You ma choose to ￿Clude lurther slatemenls relovanl aboutr. Pouc￿3 and [￿￿odUreS adopled for tho Inducl Ind training of Injstees P4w* 1.51 Ai appointmants fundra5sing arn coordinatsd wlth the Trust in South Africa. All publkity a•)d ma￿o￿n9 Is approved by the Heal of commun•cations in South Afrka Monthly accounts ￿ submltted to Iho Financo Department In South Afrlca and vwlfted and eX￿nIned agalnst b• statoments and rec(xKliatkw￿ arml approved by tho Charnn and one other Trustee of the UK Board. The charity's rxgardsatM)nal siructure and any wider nelwork with whlch the chanty works I.)1 RelatI￿ship wilh any rE48te(I pa￿$ Othor Reference and Adminlstrative detalls Chanty name Oihor naTr￿ ihe cha uses isteThl chari numt*tr Charity's wnopal •Jdross Tho ChikIn￿'S Hcks it21 Trusl South Af 1121573 clo Dnftway. Kwig Lano. Ovor Wall￿. Stockbndgo S020 8JG Names of Iha ch¥lty truslees vtho manago the chwity Offlc• (rf ary} Chair ol p•Y*on body) •nllll 80￿￿.¢1 Hall Slephon Oakenfull John Besier Jaimie Waddell 10 11 12 13 14 15 16 17 18 19 20 alo Irustees - naN￿S ol Ihe dffoctcKs al ihe dale Ihe rtwasa Namo ￿ trustees trK*Jing to prrwty boh)rvJing b the cha Funds held as custodian trustees on behalf of others Description rl the assels" held in this capa¢ity and (Wts of Ihe charity on whose behaw the assels aro hold and h(Y4V l￿'S falls within Ihe cusiodjan •ity's ot4.ects Details of arrangeM￿ts fr safe custo#y and segrwdbon of such abset5 from th¢ charivs own assets Addltknial Information Iopllona) Type of Narne R Wakjen FCCA Bery Accountarts Bowdon Hwse 39 Norttkimpfon Road Market Harb[￿OUgh Leicosler5hirf> LE16 9HE Mame of clwf •x•urth• or of s•nlof staff members {Wional Inlormation) Exemptions from disclosure Rea$￿ lor ￿n￿lsc￿sUrO of ke el details Other o tlonal information Declaratlons Signod on b•half ol the chaffty's trINie•s SIgnalw￿$1 Ful nThls) Posttlon {eg Secretsry, Chalr. •lc) 14AL LI*AIKrtrt lo (mAR￿y (OW*55IOM FCIt DKiMID IND WAIES Thc.. I"J*rnn s.￿$pl￿¥1 Tn&i SA Lbarrtv .'rf I 1121 S71 Annual accwnls lor tho Inm1r2023 To ricmj 31112Q023 Section A Statèment of financial activlties Prfory•ar Ti•1 01 F02 F(ts F(6 51.4.31 127612 17*.043 1.314 18 1 Tot* 137 Iri7 1117 24.055 171.%55 24.055 26.312 127.527 147610 121 019 Incomdl*ip•ndknl 8lh tsv) 71 1244f 91.411 724A6n 4111) Section B Balance sheet lrt¢xno Endowub•nl To*1 T•i•l l• ye•r Fixod assets Inlwblllbl* a*•eis T•nglblo as3e¢s Hertla9¢ ass•t Inw•stm•n F01 FO2 FD3 F04 {P*)t• 151 {Nttrl• 141 INote 161 {Ntsio 17> Current assets (Note 181 Dabtors INote 19) Inv•slm•nts INote 17.41 Cash at bank and In {Note 24) Totsl ￿ry•ne •$s￿5 46.790 46.7 46.79) 113.%5 Cre¢kn: ami)urts falift9 due wlthln onè yoar ltrk)le 201 490 1?4 460 46.4KI Cr•d*(n: amountg falllng du• •li•r D af {Not• 201 PfOVffjiQfftS lof 114bllllle# 015 Ttstaln•t w•ts ar￿èK￿l•S 46,490 46,4 1?.4 460 Funds of the Charlty End¢xvm•nt funds (Mote 2n Re*trbci•d Income fund*1￿￿ 27 Unrgstiictod fuftdj li Revalu*tlon Rserw• r•t•llunds 46.490 4&4 124.460 Swoo by or iw) Iwsle•J Oyb btshthN ol IhB IwstOB5 r)Jilv ul l Naff* i/plA 7AWi4J 10 CCI 7a ￿.x￿1) 2111OQ024 . •lll¥W Section C Notes to the accounts N(*0 2 Acc(wnthvJ ￿￿1¢1•3 Plgase mrypèio Ihis rtOl• f*51 OPOrtTrW und•rFRS2102. S•di)n 35 oTFRS102. rnqu4vs 3 rncondialx)ns to bè pmsenl•d. Af ojl arn gppkabl• 2.1 RECONCILIATION WITH PREVK>US GENERALLY ACCEPTED ACCOUNTING PRACTICE Please w¢¥id• a dwrlm th• n*￿Te ole•ch Ch•Tr￿ In a¢¢￿￿￿)￿9 polky Sl•rt ￿ p•rlod Endof Fund b•l•nc•s as pr•vlovMIy N•t ineomellexp*ndilurn> wevlcAtsly $tal•d Pr•¥iou• p•rfod n•t itXQAwI(•xp•ndltsr¢> as f•Sl•*d 5*¢tf th• n•thJ IQ? sor• *0? 10 kn S.1? Fe$102 Y*5 •wl th• chaity has Iw r￿dI￿$ rr4* a 1(, 10? W• ¥e¥ Y•s W• and •*¥ In wlh l¥ •9anY'knt•ir* ffWI vttwlr•Jfflg Yft4 YL¥ W4 J*¥ grfl io iho o¢th•qm (wi i* TrV•LwJrnd ffjlwrf SOFA Ye5 Y¥y 2.3 EXPWTURE AND LLABLrriES SYP￿ iA*ID I￿11 ID adI￿Y Wio P¥¥ Yts Yt¥ 2.4 ASSErs gJf*Jtsn(• (wlN>lDd by trffA•yh Y•J i￿•9.& 1 4. Ye Seei.01) C Noics t¢ tho •¢counts i conii Nctt4 An*sl• of rec•i&ts dgJv•rrrn•rt or•rts Thls y•OT Go¥•rnm•nl I Gtw•rnm••il 3 oth lo g￿lS rhat h•wob• WA otcs t" 1612 13FS ()th i?￿j 14 o* IJ ic• Itenialwk1 Iwvj r#•J T•1 TAL Wlel) 12 SÈ*titsn C Ne¢es i¢:h¢ accobn;s Ictsntl NrA• 5 SecoTrd•d At U•e ol PlÈ**e pffo¥hl• ot thÈ ¥uwJnth79 pothty Iwlho v•hJ•lbDn eoThJllkns oth4r c•rbIkn9•￿bO1 Plvwo dtt41sof otherforny tyl *)n• 121.SZI io Sgction C N￿•$ to the accounts (conti H￿•7 Thlx J• L*•1 y• ion ExtAtsvdl•Jwy ltsm 2 Tolal •xtrYMdhwy It•m¥ Sèctlon C Notv$ to tkne a=ctsunlS r•c•tr¥•d IY•• ￿ Nol La Th*$ T¢l•l Y¢)tai S•ction C N￿0$ to thè aCCLNints N(rt* 9 Suiywi Costs Bas1¥ 01 PalBlr¥J ￿1*15 *LthIlty 2 Acllvlty 3 ¢knFJfAtsI pport ¢ost {D•Nerlb• Total Pl•*￿ prov￿* d•¢411s olih• ac¢ounfkw polw.*lopl•d rof the 4pportk•fim•nt olcosts b•¢w8qn acrlvtsl•s ond ny •stimation tKhnlquas used to ¢•kula(• •pportknnfft•ni. Section C Notes lo the accounts •l(*0 10 D•t•h of c•rtain iiems ol 10.1 F•0% lorex4mln*tlon of th• *eetyJnt¥ Pl•*s• pm¥*J* d•(4lls ol ¢IM amount p•hY I￿1￿Y stslvt(¥ry •xt•m4 s¢￿tinY01 attounts •nt•r f In th• box(0s). This yew lttdèpwd¢ni eAamyb￿S f••s AssurdnC* s¢fwic•% other th￿ audlt or w￿dent t&￿￿￿tiOn TaK ad¥is0ry f¢¢s Olhv lees Nor exampl•: fin4ncknl •dviC•. ¢onYv*￿cy. •¢¢ountancy paid lo tb• IndepMd•nt examlr•tr L*ii •4¢MI 4rA 111 Strciior. C Notos to Ilic aCCOunt* Iconil NL*e 12 pr•••e èxphin theb•*# forAlloe*•ig t li•bilrty and of drtlkn•d x•d b•Qw•v* restrid•d Ind Pkn•s• eorfinth th* th• IÈ th• pl•"B •uvplus OT d*ll and thè for lh• Yfwrtin9 th¥1ty be li•bl• to th• ptsn foroth•rathitti•¢ obligat￿￿ und•rlh• l•m¥ dMlon* ol lh• multl-•Wikny•r pkn Secli¢)n C Nolcs b•ttt• a= ount contl Ncts 13 Grarth•kk 111 A•*5kn of p4d {IrrtWwJ •¢ th￿tabts *tli¥ilhs) G￿￿1% to kndryidu Totsl gr 2SiJ 251,012 Y•s cort*xl ollls D8t•Nx ol tlp• 5uppon*d. pvfjx¥seollh• Tothi athount of *kl£ NIV,,*fvmcry c￿1 he8lh&Ye ot4lwnts ft• In Y•porttho 251 OB2 IS V* 5L*AA i751l Section C Notes to the accounts (cont) Noto 18 Stocks Pla￿* ￿MPlete thls not• rfth• ¢h•tyholds any stock Items 18.1 Pl•ase s￿¢ th• carrykng 4m¢)unt of *o¢k work in pro9￿8 anaysed l)etv•een •ctMtl•s. Stock Donat￿ good5 For dlstribullon For ￿saI0 For dlstribulion Worl( lft progr•ss For rnsale Charlt•blo fjctivltlos". o￿ning Addedth iJ•rithY Expon$￿ in peH¢)d Imp•ir•d Closlnq Other lJMling •￿MtIes. Openfv Expense41 lftp•riad Imp•lr•d Closiry other. Ownlng Addod ifvpehod EX￿￿se& In p•riod lry•lr•d this y Tot•1 prwk)us y 8.2 Ploasè speofy the C*rying anwunt of any locks pledged as Étturlty for liabidtlox Sectlon C Notes to thè accounts {contl Not• 19 O•bt¢xs and wepaymènts 19.1 Anaty5is of dalrtors Thlsy Trnd¢ d•blorn Pf#payments and aCc￿ed Income Othef d¢l>tors 10.7 10.7 Totsl 192 An*•l• •1 d•btord f•covffibl• In rnr•rn than 1 yo•t Ilnclud•d kn d•btor¥ •bov•) This yur TT¥de d•blors P(•Payments and xclued inMm• Other d¢blors Total Section C Notos to the accounts l¢ontl Note 20 Croditors and a¢crual8 20.1 Anaty¥is ol cyedltorn Amounts fallin9 du¢ Wbthkn year Last y•ar Amount• f*llng du• afi•r moFE than onè y•ar Thls ymr L&•t y••r Thhy Accrn* for 2rantB Pay￿ k l)ans tsve￿rnft* Trnd? ¢Thdlt¢X8 Paym•n¢s r•coi¥ed on Xtt•unt for￿ntActs Of p0rformanctrr￿I•d grnnts A¢crnals and dderrEd Incom• Taxal￿n and s¢>cial Secudty Oih•r creditors Tol•l 202 0of•rr•d I￿(#1)• alTr ihtr rn•sons wh La61 y•ar 8atsnc• *t thfr start ol tho rnporting wlod Amoun¢y add•d in curfeni ￿liOd Amoufits I•l￿•d to InMm• Irom prnvk•us p•rfod% BaianoE al th• end of Ihg rnporting P0￿d Section C Notes to the a ¢coiinls Icontl 14cts 21 ProVIsk￿S knalithtt¢s arnl char￿$ Plfrase complpt• this note Ifyou havè included In Ch•￿Y •xp*yditvr• anyprnvlsk)n& A pmvis•¢)n 15 m*le the ch*rfty has 4 li•blllty of uncwl*n ih*lng or4ynounL 21.1 Pl•*s• provido: deycrfpllon of obl¥atk*ns on tho bal￿¢• ohoet w•d th• oXPOCted ￿n￿ljnI and timin4 of ￿*￿ttl￿g ptym•ntg: - an Indlcation of the un¢•Its￿lI￿ about th• amount or tlmln9 of th0￿ ourfk•ws: and - th• amount of any èxprflod rth1burg4fft￿I, stating th• *l)bunt of any a8Sèt Ihat has been ￿nI￿d forthat oxpecled rnlmbursomonl. 212 In rncognis•d provlthns and fundin9 ￿Mm￿rn￿t dufln9 th• p•lod This year 8*l*nc• al tha %tart of reportln9 p•r¥)d Amounts addgd in curvent p•rbd Amounts chargod 4aknst tha provision ln lh• cuTh•nl porK*d Unusod bmounls r•vorsod durlng lh• p•rlo ance at oftd ol the ￿pOrtIng p 21J For any fundlng c£•mm*ffl•ftl Ih*l l# not r•cogni•¢d liability or provtsloffiy provide det4Is of Commiti￿t made. tho tkna frnme of that commitm•nt. ¥ny lonnanco-Y•l•t4d ¢ondl¢lons and dot•ts ol how th• commth)ont Twal be fund¢•J (with contrads for ¢4)ital >•ndlturn sapw•tety Idontifwdl. 21A %•Th•r• unmtrKt¢d funds b•en desl9natthl to fund comm*mknt. pla￿ di￿10$0 tho naturè of any an￿l￿ts d￿19n•￿ and the Iltely tlmkn9 of that expendllur•. Sactlon C Notes :o the accounts Icontl 211 Pl•ag• pmvkh I￿0￿￿•¢￿•￿ about th• glgnm¢*Kv of fift￿t￿ InstntrMntN109. d•bloYs. cndltory. Inv•slm•nts otc) to th• charlty'5 Iltsanclal positkjn or pUf*)rni￿rO. for exarftpb•. th• t•nns and cgnditions of lts•ns gr th• u8fr 01 h•d9kw to M•r••g•flnw￿&￿I rlslt. 2U i th• ch¥*y has p￿￿d￿￿ Ihiancial as8rt* •$ • f¢Thi of lh• ￿y•Thg amourt ol the IlThan¢tsl assots pknd9•d as ￿￿￿￿lY and th• l•rnia ¢onltk>n• rnfat•d to pl•dg• sIMxthI be 91¥￿ hwv. Sectlon C Notes to the accounts Icontl Noto 23 Contlngont lab*ll•s and ¢<￿t￿￿nI assots 23.1 Contingent A•bllllb•s th• charity h4s c¢)nlknwt IW>lllKlh4 pl•as• ¢ompl•io the s•dlofv unl•sB th? poM1b￿lY of their •xistenc• Is rnmote. l)oscrtpilDn of it•n fficludlng Its l•g•l naturn. P*•6• de¥ulb• any se¢ur*y prov￿ed in conn•¢t￿n to th• abfjty. Estkn•t• of fin￿C￿l eff• 232 Conkngenl •ts14ts the tharlty has cofilknwt pltsas• ¢omplrf• th• foNowlng S•dlon whqn th•ir •xl•t•nc• Is pYoW>l• 214 Other dkncltssurns for ￿￿t￿g￿lt *ndloi Ilabilt6H PIM￿ th• lollowlpg InlornMtiOft f•h•rn pra¢tkJb Explain any un¢wtalntios relalkn9 to lh• 3mounl or tlmin9 of ￿lI￿n•nI. and lh• poAslb*y ol affty rn•nburwnont Tr*•rn11 l• nol prnclul to mak• on• or morn of th• dlscb$urE4 pl•x8 stale thls fa ft/* Stsctlon C Noles lo accounts Icontl Nole 24 Cash at ￿nk aThl kn hand Thls ytsr Short tann d•posfts C&*h al h•nd Total t13.￿5 Sectlon C Notes to the accounts (contl 14(*e 26 Events after end ¢1 the rep(YtkYJ period pl￿$@ compkn thAs note events (not requiiTng adjUstm￿t to tha accounts) hav• occunvd after the end of th• rnportlng p*70d but b•for• Ihg xcounts arn whlch rolat• io conditlons thal 4rD5• •ftw Pkase provlde details of the natur• ol the ev•nt rkl8 Provldo ￿ estimats of the flnan¢ial effect of the evènt or a statefftent that such ￿ vstlmalt cannot bo m nln 1*27 TTr• PE.E¥ • •rllR" tER Séctlon C Notes to &he accounts Icontl Note 27 Charity funtts (c(mt) 27.3 Transfors betw••n fi*KIs Re450n lor tmsfer artd Whe￿ endowmont is ¢onve*ted to incom4 logal pow¢r f¢x Ils con¥•rnk+n Amount P*.Iv•ron restr£te