Charity registration number 1132893
THE FROST FOUNDATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

THE FROST FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
H Radcirffe
J Booth
MBury
M Burtonwood
J Pilling
Mrs N Campbell
Mrs J A Bach
Charity numbgr
1132893
Independent examlner
Champion Consulting Limited
1 Worsley Court
High Street
Worsley
Manchester
M28 3NJ

THE FROST FOUNDATION
CONTENTS
Page
Trustees, report
Independent examiner's report
Statement of financial activi(ies
Balance sheet
Notes to the fin8n¢ial stslements
7-13

THE FROST FOUNDATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustee5 present their report and financial stslements for the year ended 31 December 2023.
The financial statement5 have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the charity's tgoverning documenll, the Charities Act 2011 and "Accounting
and Reporting by Charities". Statement of Recommended Practice applicable lo charities preparing their accounts
in accordance with the Financial Reportin9 Slandafd applicable in the UK and Republic of Ireland IFRS
1021" (effective 1 January 20191.
Oblectrves and achlevements
In 2023 we said farewell ID our beloved Chairman, RayAdler. Ray played a crucial role in shaping our programs
and infoming our decisions, and he will be deeply missed by everyone who had the pleasure of knowirlg him. I
have the great privilege of stepping into the Chairman's role and hope lo be able lo provide the guidance and
5UPPOrt that Ray did.
In light of the ¢hallenges posed by the ￿st-of-llvIng cris15, fundraising has not been wthoul its difficulties. Yet. the
response from our supwrteT5 has been truly humbling. l am filled with gratitude for the hard work of our
trustees, advisors, and supporters, whose creativity, adaptability, and passion fuel everything we do.
As trustees. we remain keenly aware of the scrutiny faced by organisations like Ours, and we are committed to
being thoughtful not only about what we fund bul also how we fund it. Our goal is lo continue spendng
responsibly and thoughtfully, and l am confident that thi5 approach ￿￿1[ guide us moving forward.
In 2023 we continued our work with local healthcare workers and made several donations of special needs
equipment and other items required to support children in their Care. These specialist items of equipment make a
big difference to the lives of the children we support.
We also continued wlh our three big annual campaigns..
Easter.. We donated hundreds of Easter eggs to local children.
Summer.. We continued to support many local families with school uniforms as their children return￿ lo
school and we ￿Ceived far more requests for this type of support due to the cost-of-living crisis.
Supporting over 200 local children with new items of school unrfoms equated lo the chaiity spending
nearly £10.000 on this project.
Christmas.. Our annual Christmas Campaign was again a huge success, and we donated more than
3,000 Christmas presents lo local Children. Each child ￿ceiVed a Christmas bag containing 2 or 3 toys,
plus a pair of pyjamas and some smaller stocking fillers. This is not only essential for the children, but in
our opinion relieves stress on the parents. Our volunteers pul in many hours lo ensure no Child we knew
about woke up on Christmas Tnorning wilhoul a present.
Over half of our gffts are donated by our supporters and a monetary value is not induded in the accounts,
however, il is not unreasonable to put a value on the total gifts of over £35,000. We also donated over 100 food
hampeT5 with an approximate value of £65 each. AppToxirnalely haK of the goods are donated by our supporters
and the charity matthes their donations. This equates to possibly another £3,$00 that is not shown in the
account5.
Financlal revlew
The charity has made donations and grants of £13,295 in the year

THE FROST FOUNDATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
All this could not be possible without the amazing support we receive from our corporate sponsors induding..
Cerberus Group Ltd
The Kennedy Foundation
The Irish Abroad Foundation
. Arc4
Leonard Curtis
Al thi5 point, I would like ID thank my fellow Trustees for their continued support. Also, the volunteers who assist
and give their time at events.
A Special mention lo Wendy Veevers who continue5 to run the charity admirably which enables us to support so
many local children in need.
OurAims for 2024
2024 will be focused on conlinuir¥g to support local children.

THE FROST FOUNDATION
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees who served during the year and up lo the date of signature of the financial statements were..
H Radcliffe
J Booth
MBury
M Burtonwood
J Pilling
Mrs N Campbell
Mrs J A Bach
Mr R Adler
(Resigned 31 January 20231
The Iruslees. report was approved by the Board of Tnjstees.
Burtonwood
Chairman
Dated..

THE FROST FOUNDATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE FROST FOUNDATION
I report to the Iruslees on my examination of the financial statements of The Frost Foundation (the charity} for
the year ended 31 December 2023.
Responsibi5ities and basls of raport
As the Iruslees of the charity you are responsible for the preparation of the financial stslements in accordance
with the iequiremenls of the CharitiesAct 2011 {the 2011 Act).
I report in respect of my examination of the charity's financial statements Carried out under seth.on 145 of the
2011 Ad. In carrying out my examination I have followed all the applicable Directions given by the Charity
Cornmission under section 145(5llbl of the 2011 Act.
Independent examlnerfs statement
Your attention is drawn to the fact that the charity has prepared financial statements in accordarre with
Accounting and Reporting by Charities preparing their account5 in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 1021 in preferen￿ to the Accounting and
RepDrting by Charities.. Statement of Recommended Practi￿ issued on 1 April 2005 which is referred to in the
extsnt regulations but has now been withdrawn.
l understand that this has been done in order for financial statements to provide a true and fair view in
accordance with Generally Accepted Accounting Pracu'ce effective for reporting pèriods beginning on or after 1
January 2015.
I have completed my examination. I confimi that no matters have come lo my attenb.on in connection with the
examination giving me Cause lo believe that in any material respect..
accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
the finanaal statements dl) not accord wth those records,. or
the financial statements do not comply with the applicable requirements cOn￿MIr*g the form and content
of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any reqU1￿ment
that the accounts give a true and fair view which is not a matter o)nsidered as part of an independent
examination.
I have
attenti
bere
conce
ould
and have come across no other matters in connection with the examination lo which
4 drawn in this report in order lo
ble a proper understanding of the financial statements to
che
Ged Cosgr
Dated..

THE FROST FOUNDATION
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
Notes
Fundraising activities
76,340
81,335
Fundraising
34,553
30.329
Charitable activities
46,289
56,437
Total resources expendod
80,842
86,766
Net expendlturg for the yearf
Net movemgnt in funds
14,5021
{5,4311
Fund balances at 1 January 2023
4,240
9.671
Fund balances at 31 December 2023
12621
4,240
The statement of financial activities includes all gains and losses recogni5ed in the year.
The slalement of financial activib.es includes all gains and losses recognised in the year. All income and
expenditure derive from continuing activities.

THE FROST FOUNDATION
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Note$
Fixed assets
Tangible assets
Currènt assets
Debtors
Cash al bank and in hand
11
496
719
12
2,033
4,212
7,421
6,245
7.421
Creditors: amounts falllng due withSn
one year
13
17,0031
13,900}
Nel cUr￿nt Iliabililiesllassels
17581
3,521
Total assets less current liabilities
12621
4,240
Income funds
Unrestricted funds
1262)
4,240
12621
4,240
The financial statements were approved by the Trustees on .........................
H Radcliffe
Trustee
M Burtonwood
Chairman

THE FROST FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng policles
Charity information
The Frost Foundation in an unincorporated charity.
1.1 Accounting convention
The financial statements have been prepared in accordance wth the charitys Igoveming documenll, the
Charities Act 2011, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland. l°FRS 102,1 and the Charrties SORP 'Accounting and Reporting by Charities.. Statement ol
Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" leffe¢live 1 January 20191. The
charity is a Public Benefit Entity as defined by FRS 102.
The d)arily has taken advantage of the provtsiorls in the SORP for char(ties not to prepare a Stat￿ent of
Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regul*ions 2008 only to
the extent ￿qUIred to provide a true and fair view. This departure has involved following the Statement of
Recommended Practice for charities applying FRS 102 rather than the version of the Statement of
Recommended Practice which is referred to in the Regulations bul which has since been wthdr2wn.
Th& financial statements are prepared in sterling. which is the functional currency of the charity. Monetary
amounts in these financial statements are rounded lo the nearest £.
The financial statements have been prepared under the historical cost convention, Imodified to include the
revaluation of freehold properties and ID include investment properties and certain financial instruments al fair
valuel. The principal accounting policies adopted are set out below.
1.2 Golng concern
Al the time of approving the financial stalemenls, the trustees have a reasonable expe¢talion that the charity
has adequate resources lo continue in operational existen￿ for the foreseeable future. Thus the trustees
continue lo adopt the going concem basis of accounting in preparing the financial statements.
1.3 Charitable fijnds
Unreslricled funds a￿ available for use al the discretion of the trustees in furtheran￿ of their charrf(able
objectives.
Restricted funds are subject to specific conditions by donors or grantors as lo how they may be used. The
purposes and uses of the restricted funds are sel out in the notes lo the financjal statements.
Endowment funds are subject lo specrfic condition5 by donors that the capital must be maintained by the
charity.
1.4 Incomlng resources
Income is recognised when the charity is legally enlilled lo il after any perfomiance conditions have been met.
the amounts Can be measured reliably, and it 15 probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised On￿ the charity has been notified
of the donation, unless performan￿ conditions require deferral of the amount. Income tax recoverable in
relation lo donations received under GiftAid or deeds of covenant is recognised al the time of the donation.
Legacies are recognised on receipt or olherwse rf the charity has been notified of an impending distribuiion,
the amount is known. and receipt is expected. If the amount is not known, the legacy is treated as a
conts"ngenl asset.

THE FROST FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng poll¢les
Icontlnuod}
Expenditure is recognised once there is a legal or conslruclive obligation to transfer economic benefrt lo a
third party. il is probable that a transfer of economic benefits wll be required in settlement, and the amount ol
the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of dirÈrt costs and
shared costs, including support costs involved in undertaking each activity. Direct costs attributable lo a single
activity are allocated directly lo that activity. Shared ¢osts which contribLJte to more than one activity and
support costs which are not attributable lo a single a¢livity are apportioned between those activities on a ba51S
consistent with the use of resources. Central staff costs are allocated on the basis of lime spent, and
deprecIat￿On charges are allocated on the portion of the asset's use.
1.5 Tangible fixed assets
Tangible fixed assets are initially measured al cost and subsequently measured at cost or valuation, nel of
depreaalion and any impairment losses.
Depreciation is recognised so as lo write off the cost or valuation of asse15 less their residual values over their
useful lives on the following bases:
Computers
Motor vehicles
33% Slraighl Line
25% Reducing Balan¢e
The gain or IOSS arising on the disposal of an asset is detemined as the difference be￿n the sale
proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
1.6 Impairment of fixed assets
At eaGh reporting end dale, the Charity reviews the carrying amoun15 of ils tangible assets to determine
whether there is any indication that those assets have suffered an impaimienl loss. If any such ind￿all0￿
exists, the Tecoverable amount of the asset is estimated in order lo determine the extent of the impairment
loss Irf any).
1.7 Cash and cash aqulvalents
Cash and cash equivalents include cash in hand, deposi15 held al call with banks, other short-lerm liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.8 Flnanclal Instruments
The charity has elected lo apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Other Financial Instrumersts Issues, of FRS 102 to all of ils fsnancial instruments.
Financial instruments are recognised in the charitys balance sheet when the charity becomes paty lo the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the nel amounts presented in the financial statements, when
there is a legally enfOr￿able right lo set off the recognised amounts and there is an intention to settle on a
nel basis or lo realise the asset and settle the liabilty simultaneously.
Basic financial assets
Basic finanaal assets, which include debtors and cash and bank balances, are initially measured at
transaction price induding transaction costs and are subsequently carried at amortised cost using the
effective interest method unless the arrangement conslilutes a financing Iran5aclion, where the transaction is
meaSU￿d al the present valLJe of the future receipts discounted al a market rale of interest. Financial assets
classrfied as re¢eivable within one year are not amortised.

THE FROST FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
A¢counting policles
Icontlnuodl
Basic flnan¢ial liabilities
Basic financial liabilities, including creditors and bank loans a￿ inf(ially recognised al transaction price unless
the arrangement constitutes a f1nanc5ng transaction, where the debt instrument is measured al the present
Value of the future payments discounted al a market rate of interest. Financial liabil"rties classified as payable
within one year are not amortised.
Debt instruments are subseguently carried al amortised cost, using the effective interest rate method.
Trade creditors are obligation5 to pay for goods or servi￿$ that have been acquired in the ordinary course of
operations from suppliers. Amount5 payable are Classrfied as current liabilities if payment is due within one
year or less. If not, they are PTesented as non-current liabilities. Trade credrtors are recognised initially at
transaction price and subsequently measured al amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are dischaTged or
cancelled.
1.9 Employee benefits
The cost of any unused holiday entiuemenl 15 recognised in the period in which the employee's servi￿5 are
received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed
lo teminate the employment ol an employee or to provide termination benefits.
Critical accounting estimates and judgements
In the application of the charty's accounting wlicies. the trustees are required lo make judgements, esttmales
and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The eslimales and associated assumptions are based on historical experience and other factors that
are considered lo be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting
estimates are recognised in the period in which the estimate is revised where the revision affects (nly that
period, or in the period of tre revision and future periods where the revision affects both current and future
periods.
Income from other tradlng acttvities
Unrestricted Unr¢$tricted
funds
funds
2023
2022
Fundraising events
76,340
81,335

THE FROST FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
(Continued)
Raising funds
2023
2022
Fu
in
and ublic
Staging fundraising events
34,553
30,329
34,553
30,329
Charitable actlvltles
Charitable Charitable
expendlturg expenditure
Total
2023
Total
2022
Grants and donations
13,295
13,295
21,326
Share of support costs {5ee note 6)
Share of governance wsts {see note 61
27,610
5.384
27.610
5.384
28.041
7,070
13,295
32,994
46,289
56.437
Analysis by fund
Unrestricted funds
13.295
32,994
46,289
13,295
32,994
46,289
For the year &nded 31 December 2022
Unrestricted funds
21.326
35,111
56.437
21,326
35,111
56,437
10-

THE FROST FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Supportcosts
Support Govarnance
costs
costs
2023
2022
Staff costs
Depreciation
Rent
Printing & postage
Motor expenses
Sundry expenses
Insurance
Bank charges
27,610
27,610
223
1,588
817
439
1,729
588
28,041
166
3.823
763
519
842
571
386
223
1.588
817
439
1,729
588
27,610
5,384
32,994
35.111
Analysed betsveen
Charitable activities
27.610
5,384
32,994
35,111
Net movement In funds
2023
2022
The nel movement in funds is slated after ehargingllcredilingl..
Depreciation of owned tangible fixed assets
223
166
Trustees
None of the trustees {or any persons connected with thernl received any remuneration or benefits from the
charity during the year.
Employees
Number of gmployees
2023
Number
2022
Number
Employment costs
2023
2022
Wages and salaries
27.610
28,041
11

THE FROST FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
10 Taxatlon
The charity is exempt from taxation on ils activities because all ils income is applied for charitable purposes.
11 Tangible fixed assets
Compute
Motor
vehicles
Total
Cost
.At 1 January 2023
830
3,300
4,130
At 31 December 2023
830
3,300
4,130
Dgpreclation and impairment
Al 1 January 2023
Depreciation Charged in the year
478
131
2,933
92
3,411
223
At 31 December 2023
609
3.025
3.634
Carrylng amount
Al 31 December 2023
221
275
496
At 31 December 2022
352
367
719
12 Debto
2023
2022
Amounts falling due within one year:
Prepayments and accrued income
2.033
13 Creditors: amounts falllng due within one year
2023
2022
Other taxation and social security
Other creditors
5.103
1,900
3.900
7,003
3,900
12-

THE FROST FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
14 Unrestrfcted funds
The unreslricled fun¢Js of the Charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantor5 as lo how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At 1 January
2023
Incoming Resource$
resources
expendod
At31
December
2023
General funds
4,240
76,340
180,8421
1262)
Previous year:
At 1 January
2022
Incomlng
resources
Resources
expended
At31
December
2022
General funds
9.671
81,335
186,7661
4,240
15 Related party transactions
There were no disclosable related paty transactions during the year12022- none).
13-