Charity Registration No. 1127678 

Company Registration No. 06764170 (England and Wales) 

UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 



UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL 

## LEGAL AND ADMINISTRATIVE INFORMATION 

Trustees Dr D P Lipkin DrAJ Grant N Rosenbaum Z Behrman (Appointed 4 May 2021) Secretary C J Roberts Charity number 1127678 Company number 06764170 Principal address 29 The Rise Elstree Herts WD6 3JR Registered office 29 The Rise Elstree Herts WD6 3JR Independent examiner Jeffrey Zinkin FCA F MC B Chartered Accountants Hathaway House Popes Drive Finchley London N3 1QF 

## Bankers NatWest Bank 

Borehamwood Branch 80 Shenley Road Borehamwood Herts WD6 1DZ 



UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL 

## CONTENTS 

||Page|
|---|---|
|Trustees’ report|1-2|
|Statement of trustees’ responsibilities|3|
|Independent examiner's report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notestotheaccounts|7-9|





## UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2021 

## The trustees present their report and financial statements for the year ended 31 March 2021. 

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's Memorandum and Articles of Association, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016) 

## Objectives and activities 

The charity is concerned with medical and health issues with regard to children and young people. The charity aims to achieve its objectives by raising funds and making grants to organisations that deal with the medical needs of children and young people. The charity primarily provides financial assistance to the Schneider Children's Medical Centre of Israel. 

The charity achieves its objectives by raising income through fund raising events and promoting awareness of the work done by the Schneider Children's Medical Centre of Israel. The charity has continued to do this throughout the year. 

The trustees have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers or duties. 

The charity operates on a voluntary basis. The success of its activities and objectives are totally dependent upon the goodwill, effort and support of volunteers. 

## Achievements and performance 

The total income of the charity in the year was £107,759 compared to £42,342 for the previous year. Donations in the year to the Schneider Medical Centre of Israel were £95,550 compared to £35,025 for the previous year. Financial review Total income of the charity for the year was £107,759 (2020: £42,342) and total expenditure was £105,332 (2020: £45,508) leaving a surplus of £2,427 (2020; deficit of £3,166) . At 31 March 2020 reserves were £9,380 (2020: £6,953). 

The charity has no restricted funds. It aims to distribute the income that it receives and not to accumulate funds. 

The charity has no investments but would ensure that interest is earned on any surplus bank deposits it may have from time to time. 

The trustees have considered the risks that may have a significant effect on the charity's operational performance and its ability to achieve it objectives. The charity is primarily dependant upon the ability and willingness of its trustees in raising funds so that grants can be made. It is also dependant upon the reputation of and the work done by the Schneider Children's Medical Centre of Israel that the charity aims to promote. The charity has the appropriate insurances in place. 

The long-term objective of the charity is to maximise the funds that it raises so that grants can be made. This involves promoting awareness of the charity and of the work done by the Schneider Children's Medical Centre of Israel. 

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## UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL 

## TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 

## Structure, governance and management 

The charity is a company limited by guarantee. None of the trustees has any beneficial interest in the company. All members of the company guarantee to contribute £1 in the event of a winding up. 

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: 

Dr D P Lipkin 

DrAJ Grant 

N Rosenbaum 

Z Behrman 

(Appointed 4 May 2021) 

The governing document of the charity is its Articles of Association. 

Trustees are recruited for their skill and experience so that the charity is able to achieve successfully its objectives. It is the responsibility of the trustees to manage the affairs of the charity. They are responsible for the control of the charity and of its assets and ensuring that the objectives of the charity are achieved. 

The charity may appoint trustees by ordinary resolution and these are passed by a quorum of members at general meetings of the charity. Members are the original subscribers to the charity's Memorandum. Membership is open to other individuals or organisations that apply to the charity and are approved by the trustees. The trustees must keep a register of names and addresses of the members. 

The trustees make the decisions that affect the running of the charity. No decisions can be made at a meeting of trustees unless a quorum is present and a majority decides the question. 


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## UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL 

## STATEMENT OF TRUSTEES' RESPONSIBILITIES 

## FOR THE YEAR ENDED 31 MARCH 2021 

The trustees, who are also the directors of UK Friends of The Schneider Children's Hospital for the purpose of company law, are responsible for preparing the Trustees’ Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

Company Law requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year. 

In preparing these accounts, the trustees are required to: 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charities SORP; 

- make judgements and estimates that are reasonable and prudent; 

- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the accounts; and 

- prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. 

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

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## UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL 

## INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL 

| report to the trustees on my examination of the financial statements of UK Friends of The Schneider Children's Hospital (the charity) for the year ended 31 March 2021. 

## Responsibilities and basis of report 

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act). 

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of the charity's financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. 

Independent examiner's statement | have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 

- 1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or 

- 2 _ the financial statements do not accord with those records; or 3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 

- 4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. 

Jeffrey Zinkin FCA 

F MCB Chartered Accountants 

Hathaway House 

Popes Drive Finchley London 

N3 1QF 

## Dated: cloak: 

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## UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL 

## STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021 

|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2021|2020|
||Notes|£|£|
|Income from:||||
|Donations and legacies|2|107,759|42,342|
|Expenditure on:||||
|Raising funds|3|9,769|10,470|
|Charitable activities|5|95,563|35,038|
|Total resources expended||105,332|45,508|
|Net income/(expenditure) for the year/||||
|Netmovement in funds||2,427|(3,166)|
|Fund balances at 1 April 2020||6,953|10,119|
|Fundbalancesat31March2021||9,380|6,953|



The statement of financial activities includes all gains and losses recognised in the year. 

## All income and expenditure derive from continuing activities. 

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006. 

-5- 



## UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL 

## BALANCE SHEET 

## AS AT 31 MARCH 2021 

||||2021|||2020||
|---|---|---|---|---|---|---|---|
||Notes|£||£|£||£|
|Current assets||||||||
|Debtors|8|2,583|||2,880|||
|Cash at bank and in hand||6,797|||4,073|||
|||9,380|||6,953|||
|Net current assets||||9,380|||6,953|
|Income funds||||||||
|Unrestricted funds||||9,380|||6,953|
|||||9,380|||6,953|



The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2021. 

The directors acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. 

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. 

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. 


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The financial statements were approved by the Trustees on dolor yi. Fa ‘4<br>= F if L ee<br>DrAX) Grant N Rosenbaum ;<br>Trustee Trustee<br>**----- End of picture text -----**<br>


## Company Registration No. 06764170 

“6% 



## UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL 

## NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 

- A Accounting policies 

## Charity information 

UK Friends of The Schneider Children's Hospital is a private company limited by guarantee incorporated in England and Wales. The registered office is 29 The Rise, Elstree, Herts, WD6 3JR. 

1.1 Accounting convention The accounts have been prepared in accordance with the charity's Memorandum and Articles of Association, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102. 

The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest pound. 

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 

- 1.2. Going concern 

At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the accounts. 

## 1.3. Charitable funds 

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes. 

Restricted funds are subject to specific conditions by donors as to how they may be used. The charity has no restricted funds. All funds held by the charity are unrestricted funds. 

- 1.4 Incoming resources 

All incoming resources are accounted for when the charity is legally entitled to the income and the amount can be quantified with reasonable certainty, 

Donations are recorded in incoming resources when received. 

Income from fund raising events is included in incoming resources when the event takes place. 

Legacies are included in incoming resources when the entitlement is the earlier of the charity being notified of an impending legacy or the date of receipt. 

- 1.5 Resources expended Expenditure is accounted for on an accruals basis as soon as a legal or constructive obligation commits the charity to the expenditure. 

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## UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL 

## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 

## 2 Donations and legacies 

|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2021|2020|
|||£|£|
||Donations and gifts|107,759|42,342|
|3|Raising funds|||
|||2021|2020|
|||£|£|
||Fundraising and publicity|||
||Staging fundraising events|250|550|
||Marketing|4,317|5,773|
||Other fundraising costs|5,202|4,147|
|||9,769|10,470|
|4|Charitable activities|||
|||2021|2020|
|||£|£|
||Grantfunding of activities (see note 5)|95,550|35,025|
||Governance costs|13|13|
|||95,563|35,038|
|5|Grants payable|||
|||2021|2020|
|||£|£|
||Grants to institutions (9 grants):|||
||SchneidersChildren'sMedicalCentreofIsrael|95,550|35,025|



## 6 Trustees 

None of the trustees (or any persons connected with them) received any remuneration during the year or in the previous year. Neither did any of them receive expenses either reimbursed or otherwise. 

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UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL 

## NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) 

## FOR THE YEAR ENDED 31 MARCH 2021 

## 7 Employees 

The average monthly number of employees during the year was: 

|||2021|2020|
|---|---|---|---|
|||Number|Number|
||Total|=|“|
|8|Debtors|||
|||2021|2020|
||Amounts falling due within one year:|£|£|
||Prepaymentsandaccruedincome|2,583|2,880|



## 9 Related party transactions 

There were no disclosable related party transactions during the year (2020- none). 

No remuneration was paid to key management personnel during the year (2020 - none). The charity operates on a voluntary basis. 

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