Charfty reqlstratlon number 1127678 (England and Wal•• Company reglltration nurnber 06764170 UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL LEGAL AND ADMINISTRATIVE INFORMATION Trust•e• Dr D P Lipkn"n Z Behrman J Arkush OBE Socro¢•ry C J Rob¢rts Ch•rfty numb•r (England and W•l••l 1127878 Company numb•r 06764170 prto)¢lpal addr••• 29 The Rl8e Elslree Hert8 WD6 3JR Regl•t•r•d offlce 29 The Rl$• Elstree Hert8 WD6 3JR Ind•p•ndfrnt •xamln•r Jeffrey Zlnkln FCA F M C B ChArtef•d Account8nlB Hath14way House Pope$ Driv• Finchley London N31QF B•nk•r• NatWe81 Bank 317 H&le Lane Edgware HA8 7AX
UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL CONTENTS Pago Trustees, report Ind•pendenl examlner's report Stsl•ment of ffnancAal activ88 Bal8nC• 8heel Note8 to tho flnon&g1 $t8lem•n18
UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The trustees present thelr annual report And financial statewnenls lor the year ended 31 March 202S. The accounts have been prepared in accordance wbth the Accounting policies 58t out in nole 1 to the accounts and cornply with the ch8nty's Memorandum and Artl¢le$ al Association, Ihe Comp8nies Act 2006 and ArLountsng and Reporbng by Charities.. Statement of Rewmmended Practice applicable lo ch8rities preparing their accounts in accordance wlth the Financial Reports'ng Slgndard applicable in the UK and Republic of Irelené IFRS 1021 las amended lor accounting periods comrn¢ncin9 from 1 January 20191. Obléctlvè8 ind actlvltl•• The charity 15 Concemed vlth medical and health is5ue8 wilh regard to children and young people. The chArity aims ID achieve ils objectives by raising funds and fflaking grants to organi58tion¥ th81 deal wth the rnedical ne8ds of children and youn9 people. The charlly prirFbanly provides financial asB1St8n to the Schneider Childrèn's Medical Centre ol l$ra¢l. The charlty achieve5 118 obje¢llv•s by raising income through fund raising events and promoting aw8rene68 of thè woth done by the Schnebder Chlldren's Medical Centre of1$18è1. The charlty ha6 conllnued lo do this throughout the year. The Iwstees have cornplied &th Ihelr duty lo have due rfjgard lo the guidance on public benefrt published by the Charity Cornrni8slon exercising their power3 or duties. The charlly operate8 on 8 voluntary ba818. The $u¢cess ol its act1v11$ Bnd obl8cllve8 are totalty dependent upo the goo¢Jw.1l, effort and support of volunteer8. Achlpv•m•nts and porfGmi•nc• The total incorne ol the charity in the year was £56.545 compBred to £157,955 lor the preylous year. Donation? In the year to lh8 Schneider Mèdlcal Centre Gf16rael wèrè £S1,238 compared lo £133,474 for the previous year. Fln•ncl•l rtvlew Total Income ol the chanty lor tho year was £56,54612024.' £157,955) and lot81 expenditure w#8 £62,19912024'. 140,2951 leavlng 8 IdefirAlllsurplus of £15,653112024'. £17,860) AI 31 March 2025 reserves were £18,30212024'. £23,95SI. The charlty has no restricted fvndi. It aims to d13tribule the Income that It recelves and not lo accumulate fund8. The ¢harty ha6 no inve&lrnenls bul would ensu Ihat interest Is aamed on any surplus bank depoilts It may have from Ilme to tlme, The trusleey hBve considered the n5ks that may have a significant effect on the charity's operèiion81 performance and Ils 8bllSty to achieve it objectives. The charlly is prirnarily dependant upon the ability and willingness of its Iru$l¢¢s in raising funds so that gran15 can be made. It is also dependant upon the reputation ol and the work done by the Schnelder Chlldren's Medical Centre ol 16Tael that Ihe charity aims lo promote. The charity h88 the 8ppropriate insurances in place. Plon• forfuture pedof16 The long-temi objective of the charity is lo rnaximis8 tho funds that rt raises so that grBntS Can be made. Thi involves promoting awarene55 Qf the charity and ol Ihe work done by the Schneider Children's Medlcal Centre ol Structure. governance and m8nagement The charity is 8 company limite(J by guarantee. None of the trustees has any benefielal interest in the company. All members of the company guarantee lo contrlbule £1 In the evenl of a wnding up.
UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 The trustee8, who are a150 the directors for the purpose of company law, and who selved durfng tho year and up to the date of signature ol the financial statements were. Dr O P Lipkin N Rosenbaum Z Behrman J AtsSh OBE DrA J Grant (Decèased 1 Febnjary 20251 (Deeeased 3 May 20241 The governing document of the charity 1$ It$ Artlcle5 01 AssoclallDn. Trustees are recrvited for their skill and experfence 50 that the tharily is able lo achiavé su¢¢e88fully its obleclives. 11 Is the responsibility ol the IrtlStees to managé the affalrs ol the ch&rlty. They are responslblt for the control ol the charfty and of its assets and ensuring that the objectives ol the charity are achieved. The ch8rity may appoint trustee$ by ordinary resolution and these are passed by a quorum of memberB at general meellngs of the charity. Members are Ihe original sub8cribers to the charity's Memorandum. Memb*rshlp Is open to other indtviduèls or organisalions th•1 appty lo the charity and are approved by the trustees. The Iruslees mu3t keep o reg181er of names and addresses of Ihe members. The trustees mgke the decisions that affect the njnning of the chartty. No d•cislons can b8 made al g meetin9 of IruBtees unles8 a quorum is pre8ent and a majorrty declde8 the question. 8ts1em•nt of tru•t•eJ' re•pon•lbllltl•8 The Iru$lges, who are also thè dlreclors of UK Frtends of The Schneld•r Children's Hospital for the purpose of company IBW, bre responslbla lor preparing the Trustees, Report and th8 aecount8 in accordance with applicable low and United Klngdorn Aecountlng Standards IUnil¢d Kingdom Gener81ty Ace•pted Accountin9 Proclicel. Company Law require5 the trustee$ lo prepare accounts for each financial yèar whlch give 8 true and falr vlew ol the slate of affalrs of the charitable company and of th8 Incoming resources 8nd picatIoN of re$ourGe3, including the incorne and expendlture, ol the charitable cornpany lor that year. In preparfng th8s• BrxounlB, Ihe Iru$lee$ aro required lo.. select suitable a¢untIng policles and than appty Ihern conglslenlly., ob8erve the method$ and princlples in tha ChariUes SORP,. moko judgements and eslirnates that are reasonable and prudent.. ststa whelher 8ppllcable UK Accountlng Standards have boèn lollowed, Subj1 lo any malerial departures disd08ed and explained in the accounts., and - prep4re the accoun1$ on the going concern basls unless It is inapproprfale to presume that the chBrity wll continue In opera160n. The Iwslees are sponsible for keeping adequate accounting record5 that disdose re8$onable accuracy 81 any 1Sme the financial posillon ol the charitable company and enab thern to ensure that the accounts compty with the Companies Act 2006. They are also responsible for safegu8rdSng the assets of the ch8rtlable cornpany and hence lor taking Teasonable slep5 for the preventK)n and detectson of fraud and Other irregul81ities.
UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL TRUSTEES, REPORT {INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The trustees, report was approved by the Board of Trustee8. Z Behmian Tru•t J Arkush OBE Trustee Date..
UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL I report to the trustees on my examination of the finanaal staternents ol UK Frfends ol The Schneider Chlldren's Hosprtal Ilhe chadtyl lor the year ended 31 March 2025. Rg¥ponBlbllltl•s and ba¥ls ol report As the trustees of the charftylgnd 8130 Jt3 directors for the purposes of company lawl, you are respon5Ible for the preparatson of the financial stat&monts In accordance wlth the requirements of the Colnpanies Act 2006. Having satisfied myself that the finanual stalernents of the ch8rlty are not requlred to be audrted under Part 18 of the Companie8 Act 2006 and are eligible for independent exarnin8tson, I report In respect of my examlnadon of the charity's financial statements carrled out under section 145 of Ihe Charities Act 2011. In carrying out my ex8mination I have followed the Dlrections given by Ihe Charity Commi$$ion under secllon 14515llbl of the Charities Act 2011. Independent •MIner,¥ •tat•m•nt I have completed my examlnalion. I confirm that no m8tters have come lo my attention In ¢onnecllon with the examin9tlon giving me cause lo believe that in any materlal respect.. accounting re¢ord8 were not kept in respect of the charity gs required by 8a¢tlon 386 01 the Compan1•$ Act 2006. th8 financial Btatemenls do not ac¢ord wllh thosé record8,' or the financlal slalernents do not comply wllh the accounllng quIreMentS 01 section 396 of the Compani•s Arl 2006 other than any requirement that Iha Ilnancial statements give a true and fair view, which 18 not a matter considered as part of an independent ex8minalion.' or the fin8nclal 61alemenl8 have not been prepared In accordance with the methods and prlnclples ol the Statement of Recommen(lad Pr8clice for accountlng and report'ng by ch8ritie8 applicable to ¢h8ritie8 preponng Iheir financial statements in accord8n¢e wllh the Financial Reportln9 Standard 8ppllcable In the UK and Republic ol Ireland IFRS 1021. I have no conc8rn$ and have come acro86 no other m8tter8 In nneCtIOn wlth the examlnalion to which attantlon should be drawn Sn this report in order to enable a proper understsnding of the flnan¢ipl statements to be reached. J•ffrny Zlnkin FCA F M C B Charled A¢nIan1$ Hath8w8y House Popes Orive Finchley London N3 IQF Date..
UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unre8trlcled funds 202S Unr•strlcted fund• 2024 Note8 Incom• Irom- Donatlon8 and legacies 56,546 157,955 fot•l Income 56,546 157,95S Expendltur• on: Raising funds Charitable adiviti18 10.927 51,272 6,808 133,487 Tot•1 expondltu 82,199 140,295 N•t Incom•ll•xpondlturnl and mov•m•nt In fund• IS.6531 17,860 R•con¢lll•tlon of lund•'. Fund balances at 1 Aprll 2024 23,955 6,295 Fund balanG•• al 31 M•reh 2026 18,302 23.955 The $lalÈm•nt ol flnancial acliwlles Indudes all gain8 8nd1088es f8cogni6ed In th& year. All Income and •xpandlture dortve from continulng aclvlllei.
UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL BALANCE SHEET ASAT 31 MARCH 2025 2025 2024 Note• Curr•nt •8•ets Debtors C•3h al bank and in hand 150 18.152 150 23,805 16,302 23,955 Nvt current a•••ts 18,302 23.955 Mit ••••t• excludlng $10 Il•bllbty 18,302 23,955 The fund8 of the charlty Vnrestricted fund8 18,302 23,955 18,302 23,955 The company Is enlilled lo the exempllon Irom the audtt requlrernent conialntd In sectlon 477 of the Compgnles Act 2006, for the y88r ended 31 March 2025. The direct018 gcknowledge thelr respon81bllltle8 for cornplw'ng wth the requlr•m•nl8 of the Compani•8 Act 2006 with respect to accounung records and the prepar8Uon of financial statemants. The rnember8 h•ve nol requlred the company to oblaln an audlt of Its flnanclAI $18lernenls for the year in qu&$lion in ccordance with s¢¢llon 476. These financlal statements have been prepared In accordance wllh the provlslons appllcDble lo companle$ subject lo the sm811 compani•8 reglme. The flnanclal st8temenls were approved by the truil¢es on Z Behrman J Arkush OBE Trustèè Company regi5tratlon number Cfj764170 IEngland Ana les)
UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounllng pollcles ChArlty Inform•tlon UK Friends of The Schneider Children's HOSP81 is A private company limiled by guar8nlee incorporated in England and Kblets. The reg15tered offKe 18 29 Tho Rlsè, Elslree, Herts, WD6 3JR. 1.1 Accountlng conv•ntlon The accounts have been prep8red in accordance wllh the ch8dly'$ Memor8ndum and Artlcltr$ olAssocialion, the Companlg5 Act 2006 and "Accounting and R8POrting by Charities.. Slalement ol Recommended Practice applicable lo charities preparing their 8r£ounts in &¢¢ordance with the Fin8nci81 Reporting Standard applic8ble in tha UK and Republic ol Ire18nd IFRS 1021. las amended for accounbny perfods commencing from 1 January 20191. The charity 1$ a Publlc Benefit Entrty as defined by FRS 102. Th• accounts are prepared in Blerting, whlch Is the lunclional currenw ol the ¢hanty. Monetary amounts In the¢ financAoI GtotornontG are Toundgd to th• n88f8BI pound. The financial slaternen13 h8¥e been prepared under the historfcal coit eonventlon. The prlnclpal ac¢ountlng pollcle5 adopted are sel out below. 1.2 Golng concem Al the lime ol 8pproving the oc¢oun18. Ihe ¢ruste83 have a reasonBble •xpectgllon that the charity ha8 adequate resources lo continuo in operats'onal existence for the fore5ee8ble lulure. Thus the Iru8lees Contlnue 10 8dopt the going concern bas1$ of Accountlng In preparlng the 8ccounl8. 1.3 Chadtabl8 eund• Unreslricled fund$ are available lor use at the di8cretlon of tre Iru81ees In furtherance of thèlr charhable objectives unleas tttè lunds h8ve been de619naled for other purpos08. R?Jlrlded funds are sublecl lo speclfic Condilions by donors 85 to how Ihay may be u$ed. The charity has no reslrlcled funds. All fund8 held by the charity afe unr65tricled funds. 1.4 Incomlno r••ourc•• All incomlng resources are 8ccountéd for vthen the ch8rity is legalty enlilled lo the Inm& and the amount can be quantified wilh rea80nable certainly. Donations are recorded in Incomlng r8source8 when received. Income from fund raSsing evenl¥ is Ineluded in incomlng resources when the 8Ve*lt takes place. Legacies are included in incorning resources ¥then the entillernenl is the earller of the charlty belng nollfled of an Impending legacy or tha date of recelpt. 1.5 Resources expend•d Expenditure is accounted for on an ?ccrual8 basls as soon as a legal or con8truetlve obllgatlon commit8 the atY to the expendrture. Income froffj donotion8 Ind legacles Unr•8trlet•tt funds 2026 Unro•trl¢te funds 2024 Donations and gift5 56,546 157,955
UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL NOTES TO THE FINANCIAL STATEMENTS ICONTINUED FOR THE YEAR ENDED 31 MARCH 2025 R•l•lng lundi 2025 2024 maeting Advertl8ing Othar fvndralBlng o)8t8 2,037 1,244 250 5,314 8,890 10,927 6,808 Charft•ble a¢tlvltl•• 202 2024 Grant ftjndlng of ath'vltl681680 note Sl Governance Costs 51,238 133,474 13 51,272 133.487 Grnnts p•y•b 2025 2024 Grants lo institullons.. Schn•lder& Children'6 Medlcal Centro of Israel 51,238 38.424 Tru•t••• None of the Iruslees lor any persons connected wfth them) recelved any remuneration durlng the ygar or In the prevlous y£ar. Neither did any ol them re¢eive expenses ellher relmbur8e%Y or olheThwge. Employa•• The av¢rage monthty number ol employè&s dun'ng the year w8S'. 2025 Number 2024 Number Total There were no employees whose annual remuneration wa5 more than £SO.000.
UK FRIENDS OF THE SCHNEIDER CHILDREN'S HOSPITAL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Dgbtorn 2025 2024 Amounts falllng due *lthln one year. Prepayment5 and acerued Income 150 150 UnT•Jtrlct•d fund• The unrestricted fund8 of the ¢h8nty camprise the unexpend•d balances ol donations and grants which ar• not subject to speciflc condltions by donors and grantor$ a$ to how they may be u¥ed. These include designated funds which have been Set aside out of unrestdcted funds by the Irusteès for specific purpo$•s. At l Aprll 2024 Incomlng ourc•• RMource• At 31 March •xp•nded 2026 General fund8 23,955 5e.548 182,1991 1 B,302 Pr•vlou• y•Ar: At 1 Aprll 2023 Incomlng r••ourco• R•8oure8• At 31 March •Mnd•d 2024 Gvneral fundB 6,295 157,955 1140,2951 23,gS5 10 Relat•d p•rty tr•n$Actlon• There were no dlsdosable related party Irgn¥actlons durfng the year12024- none). No remunoration was paid to key managernenl personnel during tho y•ar12024 . none). The ch8Tty operates on a voluntary b85iS.