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2023-12-31-accounts

KATIE PIPER FOUNDATION 2023 ANNUAL REPORT

COMPANY NO. 07104074 REGISTERED CHARITY NO. 1133313

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDING 31ST DECEMBER 2023

CONTENTS

PAGES

Katie Piper Foundation | Annual Report 2023

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ADMINISTRATIVE INFORMATION

Trustees

Susan Killen – Chair (resigned September 2023) Nicholas Rudgard – Chair (from September 2023) Andrea Sofield – treasurer Allyson Ballard (appointed July 2024) Helen Jeremiah (appointed July 2024) Joanne Mackie Jackie Martin Nicola Murphy (resigned at end of term July 2023) Ciaran O'Boyle (resigned February 2024) Caryn Owen (resigned February 2024) Annie Perez (appointed July 2024) Katie Piper OBE Mark Roberts (appointed July 2024) Laura Rolley (appointed July 2024) Dr Tim Woodman (resigned at end of term, March 2024)

Chief Executive Officer

Sarah Green (Resigned June 2023) Kate Naish (From June 2023)

Bank

HSBC Bank plc 281 Chiswick High Rd W4 4HJ

Registered office

55 Loudoun Road St John's Wood London NW8 0DL

Company number

Independent Examiner

Paul Cowham DChA FCA Greenfish Resource Centre 46-50 Oldham Street Manchester M4 1LE

07104074

Charity number

1133313

Katie Piper Foundation | Annual Report 2023

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CHAIR AND CEO REPORT

Welcome to the annual report and financial statements of the Katie Piper Foundation for 1st January – 31st December 2023.

Over the past 3 years the services at the Katie Piper Foundation have adapted to the challenging external environment, with a fully face to face rehabilitation service becoming totally remote in 2020 and remaining so at the start of 2023.

Chair: Nick Rudgard

CEO: Kate Naish

The charity wanted to restart face to face services but did not want to lose the benefits of continuous care seen with the virtual service, believing a blended approach was possible.

Therefore, in July, with funding from VTCT Foundation, Dr RuthAnn Fanstone joined the team as service design lead, to undertake a 9 month piece of work reviewing all services offered by the charity and redefining our rehabilitation pathway for future survivors. This work has involved extensive consultation with our survivor network and our colleagues in the NHS Burns services, as well as our staff and trustees.

We were very excited to launch a new partnership with Steps Together, creating a new home for our residential rehabilitation programme with Steps Together at Rainford Hall, near St Helens in Merseyside. This has meant a move from the previous Fairfield Hospital site but gives the charity a more flexible and cost effective operating model, whilst giving survivors a luxurious, peaceful and less clinical setting for their rehabilitation stay.

We were delighted to officially launch our partnership and welcome our first survivors to the site in July.

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Following a disappointing financial performance over the past 2 years, the charity started the year with low reserves and, although fundraising changes were planned, success in the early part of the year was limited. In September, the new CEO embarked on a financial recovery plan, with a focus on reducing spend, maximising existing events and known donors and, most importantly, focussing on multiyear grant funding and building a pipeline of income for 2024 and beyond. This included reviewing and implementing the fundraising strategy and planning work carried out in 2022 and early 2023.

Although at year end the funds position of the charity was low, we were notified of success in grant applications to The National Lottery Community Fund (£381K over 3 years) and the Department of Health and Social Care Suicide Prevention Fund (£263K over 15 months) in December. Both projects will launch in early 2024, hence the income being recognised in the following financial year, but the year will start with a far stronger income pipeline than in previous years.

The Board of Trustees remained clear on governance priorities. The full Board, Finance and Governance sub-committees continued to meet at a minimum of quarterly intervals during the year. Given financial pressures seen in year, these remained under scrutiny with the Board.

The charity continued to work in partnership with the following organisations assisting us in the successful delivery of services to survivors:

Fairfield Independent Hospital, who we thank for their support up until the move from the site in May 2023

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VTCT and The Appearance Collective who we work alongside within the visible difference sector.

The team continued to explore partnerships and collaborations with other healthcare providers, companies and charities to benefit our survivor network.

2023 has been a year of change, challenge and review for the Katie Piper

Foundation. This included a change in leadership in the summer, with Sarah Green leaving the CEO role in June 2023 and Kate Naish joining the charity as our new CEO in the same month. Chair Sue Killen also stood down in

September after 5 years in the role and was replaced by existing trustee, Nick Rudgard. The trustees note their thanks to both Sarah and Sue for their contributions to the charity.

We, along with the wider board, express our thanks to all the staff who have worked tirelessly in a challenging and changing environment over the past 12 months. Their determination, enthusiasm and resilience are greatly appreciated, and we look forward together to the exciting prospects of the year ahead.

Katie Piper Foundation | Annual Report 2023

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THE TRUSTEES ANNUAL REPORT AND ACCOUNTS

The Trustees (who are also the directors under company law) present their report and the independently examined financial statements of the charitable company for the year ended 31 December 2023.

Status

Katie Piper Foundation is a registered charity in England and Wales, registration number 1133313 . It is a company limited by guarantee, number 07104074 . It has a Memorandum and Articles of Association as its governing document.

Charitable objects and aims. Charitable Objects

These are:

Public benefit

The Trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing their aims and objectives and in planning future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives of the charity.

Who we are

The Katie Piper Foundation, established in 2009 by burns survivor Katie Piper OBE, is a national charity dedicated to supporting people who have experienced life-altering burns and scarring.

What we do

Founder and Trustee: Katie Piper OBE

We aim to improve survivors' quality of life by supporting them physically, mentally, and emotionally through a personalised rehabilitation programme. We are the only charity in the UK providing a full burns rehabilitation pathway, supporting survivors beyond their discharge from NHS acute care.

Our support is informed by lived experience, and led by a specialised, expert team working with survivors, their families, and their loved ones.

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What we achieved in 2023

A one year interim strategy was put in place in 2023, extending the objectives of the previous 3 year strategic plan with the aim of stabilising the charity, below demonstrates achievements against our key strategic themes during the year:

Theme 1 – Delivery of tailored and survivor focused rehabilitation:

During 2023 we resumed face to face support of survivors, with residential rehabilitation restarting at our new home, Rainford Hall in Merseyside. However, the telerehabilitation that has been so successful since 2020 also continued. This blended approach allows The Katie Piper Foundation to reach more survivors and deliver continuing care for as long as it is needed.

Lives of survivors and their families were positively impacted during the year:

During 2023, we continued to use 5 different ‘PROMS’ – Patient Reported Outcome Measures: these are accredited scales for measuring different aspects of a patient’s physical and/or psychological state.

The evaluation measures list is:

The outcomes from the measures informed the service delivery team on

individual patient progress and developments to the structure and delivery of rehabilitation services.

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Theme 2 – Further understanding of need and impact to continuously improve the access and delivery of rehabilitation .

In 2023 the charity embarked on a review of all services, funded by The VTCT foundation. In July esteemed burns therapist Dr RuthAnn Fanstone, who had worked with Katie Piper Foundation in earlier years, rejoined the team as Service Design Led to undertake this work.

Over 6 months a comprehensive review was carried out. This involved extensive consultation with survivors., trustees and staff to ensure their needs were being met and to consider how services could develop and evolve. Consultation with the NHS, a vital partner, was also important with 36 in depth interviews carried out to understand how Katie Piper Foundation is viewed by Healthcare Professionals and what is wanted from the charity in the future.

Theme 3 – Achieving sustainable finances:

In 2023 our overall income fell from £547,823 to £465,815. This was mainly due to lower than expected income from grants and trusts in the first part of the year. A focus in the latter part of the year to build the case for support and clear requests from project funding led to an increase in grant funding, most notably from the National Lottery Community Fund and the Department of Health and Social Care Suicide prevention fund, although these funds will be received next year.

Building on the success of our inaugural event in 2022, the Christmas carol concert, held at St Peters Church, London in December was a successful fundraising event for the charity and, together with a summer fundraising lunch, introduced new donors to the charity. This has resulted in an events committee being established for 2024 to increase the number of fundraising events organised.

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Survivor Stories

Aimee's story - Making all things possible

Aimee, an aspiring golfer from the age of 16, was seriously burned at a family bonfire aged 25. Sustaining 58.5% body burns Aimee was in a coma for 27 days and in hospital for 257 days. Aimee recalls waking and not knowing if she was dead or alive.

Since leaving hospital Aimee has been supported by the Katie Piper Foundation where she has had an individualised rehabilitation programme designed around her needs, including specialists working together to provide for her physical and psychological needs. This was done collaboratively in line with the goals Aimee set for herself.

Aimee said,

“Who knows what my future would have been like without Katie and the Foundation? With the support I have had, I am now living the life I had only ever imagined for myself, I owe The Katie Piper Foundation my life”.

2023 was the year Aimee achieved a huge milestone, she became The Lady Captain of her Golf Club, and on the 7th of May 2023, she won the Somerset Ladies County Championship - goals she had only ever dreamed of especially after being told she would barely walk again let alone play golf. She has also raised almost £13,000 to support the charity’s work.

In Aimee's words 'she's doing all that she can to create this life because she survived'.

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David’s Story

David sustained traumatic burns to his entire body when he fell asleep in front of a gas fire. He woke to find his dog, Kane, tugging at his leg, and quickly realised the room was filled with smoke. Unaware of the severity of his injuries, David called a Taxi who rushed him to the hospital.

David first approached the Katie Piper Foundation in 2020, 3 years after sustaining his injuries. He was dependent on alcohol, sleeping on the sofa, not leaving his house, and in a poor psychological state. He regularly considered taking his own life and couldn’t see a future.

The Katie Piper Foundation worked with the NHS to enrol him in a drug and alcohol detox programme and then, once he had stopped drinking, began intensive and bespoke rehabilitation support.

With significant and specialist psychological support, David has been able to come to terms with the emotional impact of his injuries. We provided a personal trainer and physiotherapy services, enabling David to improve his scarring and regain his physical strength - to the point where he can now take Kane on daily walks again.

David was proud to be the first patient in our new rehabilitation unit at Rainford Hall in June 2023 where, alongside other therapies, David talked with a career counsellor about starting to move towards returning to work - something he didn’t ever envisage being possible.

In his own words, David said:

"In a nutshell, I don’t know where I would be without the charity, what they have done for me is nothing short of a miracle".

Aimee and David’s journeys demonstrate the impact our work has on survivors, and how we support people to not just survive but thrive in life again.

Katie Piper Foundation | Annual Report 2023

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2024 PLANS, PRIORITIES AND OBJECTIVES

With 2023 having been a year of change, challenge and review, 2024 will be a year to stabilise, build foundations and grow. Our objective themes remain widely unchanged.

Theme 1 – Delivery of tailored and survivor focused rehabilitation:

This continues to be a key objective and fulfils the main mission of the Katie Piper Foundation. Following review in 2023, we will fully launch our revised rehabilitation programme, ensuring an expert led and cost effective service is delivered to all survivors, regardless of their background or circumstances.

The funding secured from The National Lottery Community Fund and Department of Health and Social Care Suicide Prevention Fund will mean that staffing in the charity can be increased and new third party therapists can be engaged – ensuring that more survivors can be reached, with a particular emphasis on supporting survivors who are struggling with mental health issues and are at risk of suicide.

Our residential rehabilitation at Rainford Hall will continue to grow with an objective to deliver a minimum of 12 weeks in 2024, reaching 12-24 survivors. We will also trial group residential retreats over 3 days, working in partnership with Dan’s Fund for Burns.

Theme 2 – Further understanding of need and impact to continuously improve the access and delivery of rehabilitation.

An important part of our rehabilitation is, and has always been, providing Restorative Services to support the visual appearance differences resulting from burns and scarring, which can have such a profound impact on a survivor’s psychological wellbeing, quality of life and ability to function. As part of the consultation with in 2023 it was identified these are a highly valued part of the services offered by Katie Piper Foundation, particularly by NHS staff, but they have been less prioritised in the past 3 years due to Covid restrictions and limited funding.

We now need to review our Restorative Services ensuring it is fit-for-purpose, responds to changing needs of survivors and is sustainable in the longer term, and this is a project we hope to embark on in the latter part of 2024, subject to securing funding,

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This work involves specialised therapies to address the visual appearance changes experienced by survivors, including providing specialist hair replacement like wigs and hair systems for those with scarred or grafted skin, offering medical tattooing for missing or altered features, using micro needling techniques to improve scarring's pliability, texture, and appearance, and performing camouflaging procedures with medical-grade creams and powders to reduce the visibility of scarring and boost confidence. Additionally, psychological support is offered to tackle the mental health needs arising from these changes. The overarching goal is to improve survivors' physical wellbeing, self-esteem, and overall quality of life, aiding them in regaining confidence, rebuilding their lives, and lessening the visible and emotional impact of scarring. These therapeutic interventions are crucial elements of our work, significantly contributing to survivors' recovery journeys.

We will continue to review, evaluate and develop all aspects of our rehabilitation pathway in 2024, notably reviewing all internal processes, polices and procedures.

Theme 3 – Achieving sustainable finances:

Whilst success at the end of the year means 2024 is started in a more favourable financial position, achieving sustainable, long term income remains a key priority. In 2024 we hope to grow our fundraising team, currently one full time manager, and supplement this team with an external bid writer and event organiser.

Priority funding areas for the year are:

  1. Grant Funding

  2. Event income from charity led events.

  3. Establishing a major donor events committee

  4. Stewardship of existing donors

  5. Corporate income

  6. Fundraising within the survivor community

Theme 4 – Telling our story.

To grow our reach and support more survivors we need to amplify the identity and key messages of the Katie Piper Foundation.

A planned relaunch of the charity’s brand in spring 2024 will see a refreshed logo, identity and key messaging.

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This will be complemented by a new marketing and communications plan to all audiences, but notably NHS units and survivors with new materials within all NHS burns Centres, enabled by our lottery funding.

A new Digital, Communications and Marketing Officer will be recruited in early 2024 to support this work, jointly funded by the lottery and suicide prevention fund.

In addition, a new digital communications strategy will develop and launched, including development of a new website and interactive platform, again enabled by funding from The National Lottery Community Fund.

Safeguarding

Katie Piper Foundation is committed to safeguarding and ensuring the welfare of adults at risk, and expects all Trustees, employees and volunteers to share this commitment. As such, we have robust safeguarding policies and procedures in place. This includes carrying out disclosure and barring checks as appropriate on those staff members whose roles work directly with vulnerable adults. During the reporting period no significant safeguarding concerns were reported to the Safeguarding Lead.

GDPR

Katie Piper Foundation takes data protection seriously, and our procedures around confidentiality and GDPR are clearly documented and regularly reviewed. All staff members have undertaken training in this area. The charity does not currently use professional fundraising services, does not engage in telephone fundraising via external agencies, and does not use wealth screening services. No breaches have been reported in 2023.

Risk management.

A comprehensive risk register is maintained by the CEO and regularly reviewed with the board and staff team. The Trustees discuss risks quarterly at the governance sub-committee and as a Board. Major risks are also assessed annually by the board, particularly those related to governance and management, operations, finances, external environment and compliance, and are satisfied that systems are in place to mitigate the Foundation's exposure to the major risks in these categories.

Katie Piper Foundation | Annual Report 2023

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Financial Review

2023 was a challenging year financially for the charity. Income fell from the previous year to £463,000, a fall of 15%. At the same time, expenditure remained consistent at £520,334, leading to a year end deficit of £54,519. This was mainly due to lower than expected income from grants and trusts and other fundraising in the first part of the year.

This led to a significant drop in the charity funds, with the year end position being £11,687, with a £2,256 deficit in unrestricted funds.

However, a focus in the latter part of the year to build the case for support and focus on longer term project funding led to an increase in grant funding, most notably from the National Lottery Community Fund (£381,000 over 3 years) and the Department of Health and Social Care Suicide prevention fund (£263,000 over 15 months) , These funds were notified in December 2023, but will not be received until the projects start in January 2024, so will be reflected in 2024 accounts, In addition a new fundraising and marketing manager, in post from July 2023, has built a stronger pipeline of fundraising activity and further growth in income is expected in 2024.

There is therefore confidence in the charity’s funds position being improved in 2024 and there is no uncertainty about the charity as a going concern.

Reserves policy

The charity needs financial resources to achieve its purposes and must plan for the longer term to ensure continuity.

The charity forecasts expenditure based on:

The policy in 2023 has been to set a monthly target for minimum cash reserves, based on covering core expenditure and staffing costs for 1 month. This was initially set at £50K. Trustees review monthly to assess ability to cover costs.

There has been close monitoring of income and expenditure throughout the year by the Chief Executive and the Board of Trustees due to operating below the minimum reserves of £50K at several points in the year.

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The reserves policy will be reviewed again in 2024 once financial stability is achieved to ensure reserves do not run this low again.

Trustees

Katie Piper Foundation is a registered charity in England and Wales and a company limited by guarantee with no shares. It is managed by a Board of Trustees who currently meet a minimum of four times a year.

The Trustees, who are also the Directors for the purpose of company law and who served during the year were:

Susan Killen, until September 2023 Joanne Mackie Jackie Martin Nicola Murphy, until July 2023 Ciaran O'Boyle, stood down February 2024 Caryn Owen Katie Piper Nicholas Rudgard Andrea Sofield Dr Tim Woodman, stood down March 2024

The Board was comprised of ten members, and eight at the end of the year. Since year end 2 further trustees have stood down, and 5 new trustees have been appointed (Allyson Ballard, Helen Jeremiah, Annie Perez, Mark Roberts and Laura Rolley, appointed July 2024). The Memorandum and Articles of Association defines that there should not be less than three Trustees at any one time, of whom at least three quarters shall be resident in the United Kingdom; a quorum is defined as at least 50% of the total number of Trustees. Trustees can serve for two terms of three years with the option of serving an additional term.

A Trustee is appointed by recommendation of the Trustees, or by proposal of a Trustee entitled to vote at a meeting of the Foundation.

When a vacancy on the Board arises, Trustees will advertise the role openly and invite applications, with a focus on filling identified skills gaps on the board and building the representation of those with lived experience of burns and scarring.

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Having short-listed a suitable candidate, a minimum of two Trustees will interview them to confirm their commitment to the work of the charity and their ability to fulfil the duties of a Trustee. The CEO and management team will support this process as needed.

The Katie Piper Foundation believes it is important to have transparency in decision-making and Trustees are required to declare conflicts to the Board as per the requirements of the conflicts of interest policy.

Trustee responsibilities

Company and charity law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the surplus or deficit of the charitable company for that period.

In preparing those financial statements, the Trustees are required to: - 1) select suitable accounting policies and then apply them consistently. 2) make judgements and estimates that are reasonable and prudent. 3) prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006 and the

Charities Act 2011. 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.

Independent examiner

Paul Cowham has been appointed as Independent Examiner to the charity.

Small companies’ exemption

This report has been prepared and delivered in accordance with the provisions in Part 15 of Companies Act 2006 applicable to companies subject to the small companies' regime. This report was approved by the board on 22 April 2024 and signed on their behalf.

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INDEPENDENT EXAMINER’S REPORT

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KATIE PIPER FOUNDATION FOR THE YEAR ENDED 31 DECEMBER 2023

I report on the accounts of the company for the year ended 31 December 2023 which are set out on pages 15 to 28.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Since the Company’s gross income exceeds £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales which is one of the listed bodies.

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Basis of independent examiner’s report

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination 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 from you as trustees concerning any such 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 a ‘true and fair view’, and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention:

·to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or

2)to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Paul Cowham MA FCA DChA Green Fish Resource Centre 46 – 50 Oldham Street

Manchester M4 1LE

Katie Piper Foundation | Annual Report 2023

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STATEMENT OF FINANCIAL ACTIVITIES

Katie Piper Foundation Statement of Financial Activities (including Income and Expenditure account) for the year ended 31 December 2023

Restricted Restricted Restricted Restricted Total Unrestricted Restricted Total
funds funds funds funds funds funds
Note £ £ 2023 £ £ 2022
Income
Donations and legacies 3 248,827 106,333 355,160 323,482 151,401 474,883
Charitable activities 4 5,500 - 5,500 4,462 - 4,462
Other trading activities
- fundraising 5 103,748 - 103,748 68,341 - 68,341
Investments 6 1,407 - 1,407 137 - 137
Other - - - - - -
income
Total income 359,482 106,333 465,815 396,422 151,401 547,823
Expenditure
Raising funds 7 153,916 - 153,916 113,857 - 113,857
Charitable activities 8 212,777 153,641 366,418 270,471 130,345 400,816
Total expenditure 366,693 153,641 520,334 384,328 130,345 514,673
Net
income/(expenditure) 10 (7,211) (47,308) (54,519) 12,094 21,056 33,150
Transfer between funds - - - - -
Net movement in
funds for the year (7,211) (47,308) (54,519) 12,094 21,056 33,150
Reconciliation of funds
Total funds brought forward 4,955 61,251 66,206 (7,139) 40,195 33,056
Total funds carried
forward (2,256) 13,943 11,687 4,955 61,251 66,206

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

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BALANCE SHEET

Katie Piper Foundation Balance sheet as at 31 December 2023

Note Note 2023 2022
£ £ £ £
Fixed assets
Tangible assets 14 - -
Total fixed assets - -
Current assets
Debtors 15 3,115 1,737
Cash at bank and in hand 63,163 118,228
Total current assets 66,278 119,965
Liabilities
Creditors: amounts falling
due in less than one yea 16 (54,591) (53,759)
Net current assets 11,687 66,206
Total assets less current liabilities 11,687 66,206
Net assets 11,687 66,206
Funds of the charity
Restricted income funds 17 13,943 61,251
Unrestricted income funds 19 (2,256) 4,955
Total charity funds 11,687 66,206

For the year in question, the company was entitled to exemption from an audit under section 477 of the Companies Act 2006 relating to small companies. Directors' responsibilities:

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

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts

These accounts are prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company.

The notes on pages 16 to 26 form part of these accounts.

Approved by the trustees on ...................... and signed on their behalf by:

Nick Rudgard (chair) Name Signed

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STATEMENT OF CASH FLOWS

Katie Piper Foundation Statement of Cash Flows for the year ending 31 December 2023

Note 2023 2022
£ £
Cash provided by/(used in) operating 21 (56,472) 62,638
Cash flows from investing activities:
Bank interest 1,407 137
Proceeds from sale of tangible fixed assets - -
Purchase of tangible fixed assets - -
Proceeds from sale of investments - -
Purchase of investments - -
Cash provided by/(used in) investing activities 1,407 137
Cash flows from financing activities:
Repayment of borrowing - -
Cash inflows from new borrowing - -
Cash provided by/(used in) financing activities - -
Increase/(decrease) in cash and cash equivalents in the
year (55,065) 62,775
Cash and cash equivalents at the beginning of the year 118,228 55,453
Cash and cash equivalents at the end of the year 63,163 118,228

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NOTES TO THE FINANCIAL STATEMENTS

Katie Piper Foundation

Notes to the accounts for the year ended 31 December 2023

1 Accounting policies

The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a Basis of preparation

The financial statements have been prepared in accordance with 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) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include a cash flow statement on the grounds that it is applying FRS 102 section 1A.

Katie Piper Foundation meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

b Reconciliation with previous Generally Accepted Accounting Practice

In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required. No such restatement was required.

c

Preparation of the accounts on a going concern basis

Unrestricted reserves were in deficit by £2,256 as at 31 December 2023. The trustees are aware of this, however additional funding has been received after 31 December 23, and the charity is predicted to make a surplus in 2024. Therefore the trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern. There are no key judgments which the trustees have made which have a significant effect on the accounts.

The trustees do not consider that there are anysources ofestimation uncertaintyat thereporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.

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Katie Piper Foundation

Notes to the accounts for the year ended 31 December 2023 (continued)

d Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from government and other grants, whether capital grants or revenue grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income received in advance of a provision of a specified service is deferred until the criteria for income recognition are met.

e Donated services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised; refer to the trustees annual report for more information about

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

f Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

g Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity.

Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity s work or for specific projects being undertaken by the charity.

h Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

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Katie Piper Foundation

Notes to the accounts for the year ended 31 December 2023 (continued)

i Operating leases

Operating leases are leases in which the title to the assets, and the risks and rewards of ownership, remain with the lessor. Rental charges are charged on a straight line basis over the term of the lease.

j Tangible fixed assets

Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:

Motor vehicles: Office fixtures 4 years and equipment 4 years Improvements to premises: 4 years

k Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

l Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

m Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

n Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

o Pensions

Jigsaw Visitor's Centre operates a work place pension scheme with People s Pensions.

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Katie Piper Foundation

Notes to the accounts for the year ended 31 December 2023 (continued)

2 Legal status of the charity

The charity is a company limited by guarantee registered in England and Wales and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The registered office address is disclosed on page 1.

3 Income from donations and legacies

Unrestricted Restricted Total 2023 Unrestricte Restricte Total 2022
£ £ £ d £ d £ £
Donations & grants 248,827 106,333 355,160 271,031 151,401 422,432
Gifts in kind - - - 52,451 - 52,451
Total 248,827 106,333 355,160 323,482 151,401 474,883

4 Income from charitable activities

Unrestricted Restricted Total 2023 Unrestricte Restricte Total 2022
£ £ £ d £ d £ £
Patient care 5,500 - 5,500 4,462 - 4,462
income
Total 5,500 - 5,500 4,462 - 4,462

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Katie Piper Foundation

Notes to the accounts for the year ended 31 December 2023 (continued)

5 Fundraising and other
income Unrestricted Restricted 2023 Unrestricted Restricted 2022
£ £ £ £ £ £
Income from
fundraising events 102,630 - 102,630 65,086 - 65,086
Insurance Earned - - 2,500 - 2,500
income Other 40 - 40 610 145 - 610 145
income 0 - 0 -
718 718
103,748 - 103,748 68,341 - 68,341

All income from fees and trading is unrestricted.

6 Investment
income Unrestricted Restricted 2023 2022
£ £ £ £
Income from bank deposits 1,407 - 1,407 137
Dividends received Rent - - - - -
investment property - - - -
1,407 - 1,407 137

All of the charity's investment income arises from money held in interest bearing deposit accounts.

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Katie Piper Foundation

Notes to the accounts for the year ended 31 December 2023 (continued)

7 Analysis of expenditure on raising funds

Unrestricted Restricted Total 2023 Unrestricte Restricte Total 2022
£ £ £ d £ d £ £
Staff costs 51,935 - 51,935 55,314 - 55,314
Fundraising &
strategic events 75,644 - 75,644 27,281 - 27,281
Fundraising website
costs - - - 2,626 - 2,626
Other fundraising
costs 26,337 - 26,337 28,636 - 28,636
153,916 - 153,916 113,857 - 113,857

8 Analysis of expenditure on charitable activities

Unrestricted Restricted Total 2023 Unrestricte Restricte Total 2022
£ £ £ d £ d £ £
Burns rehabilitation 203,322 26,858 230,180 229,833 110,401 340,234
Hair restoration 117,995 9,506 127,501 37,873 18,192 56,065
Peer support Other 5,442 1,095 6,537 265 1,752 2,017
services - - - - - -
Governance costs 2,200 - 2,200 2,500 - 2,500
328,959 37,459 366,418 270,471 130,345 400,816
Governance costs
Unrestricted Restricted Total 2023 Unrestricte Restricte Total 2022
£ £ £ d £ d £ £
Independent
examination 2,200 - 2,200 2,500 - 2,500
Trustee meeting
costs Trustee - - - - - -
training - - - - - -
Registered office
fee - - - - - -
2,200 - 2,200 2,500 - 2,500

9 Governance costs

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Katie Piper Foundation

Notes to the accounts for the year ended 31 December 2023 (continued)

10 Net income/(expenditure) for the year

This is stated after charging/(crediting): 2023 2022
£ £
Depreci ati on Independent examiner's - -
remuneration
- accountancy - 1,100 1,250
independent examination 1,100 1,250

11 Staff costs

Staff costs during the year were as follows:

ff costs during the year were as follows:
2023 2022
£ £
Wages and salaries Social 242,295 208,575
security costs Employers pension 19,697 22,446
contributions Previous year 5,440 5,837
HMRC 10,659 -
278,091 236,858

The following number of employees earned emoluments within the bands shown below:

2023 2022
£60,001 - £70,000 1 1

The average number of staff employed during the period was 7.2 (2022: 6.8).

The key management personnel of the charity comprise the trustees, the Chief Executive, the head of fundraising and communications and the head of patient services. The total employee benefits of the key management personnel of the charity were £185,104 (2022: £155,469)

12 Trustee remuneration and expenses, and related party transactions

Neither the trustees nor any persons connected with them received any remuneration during the year (2022: Nil), in addition, no expenses were claimed by the trustees in the year (2022 £nil).

Aggregate donations from related parties were £nil (2022: £nil).

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year (2022: nil).

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Notes to the accounts for the year ended 31 December 2023 (continued)

Katie Piper Foundation

13 Corporation tax

The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.

14 Fixed assets: tangible assets

Fixtures & Total
equipmen
Cost t £ £
At 1 January 2023 86,150 86,150
Additions - -
Disposals - -
At 31 December 2023 86,150 86,150
Depreciation
At 1 January 2023 86,150 86,150
Charge for the year - -
Disposals - -
At 31 December 2023 86,150 86,150
Net book value
At 31 December 2023 - -
At 31 December 2022 - -

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Katie Piper Foundation

Notes to the accounts for the year ended 31 December 2023 (continued)

15 Debtors

ebtors
2023 2022
£ £
Trade debtors 2,000 -
Other debtors 1,115 1,269
Prepayments - 468
3,115 1,737

16 Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 43,841 42,978
Pen si on 1,216 761
Taxation and social security costs 7,334 4,986
Accruals and deferred income 2,200 5,034
54,591 53,759

17 Analysis of movements in restricted funds

Balance at Balance at
1 January
2023		 31
December
Income Expenditure Transfers 2023
£ £ £ £ £
1961 Committee Cadbury
Cl		 - 5,000 (5,000) - -
ockworkers Saturday Hospital 18,559 - (18,559) - -
Fund
2022
Saturday		 Hospital - 15,000 (15,000) - -
Fund 2023 S Cowell Rainford Trust 5,906 - (5,906) - -
3 Rainford Trust Peer Support - 2,000 (783) - 1,217
National Lottery Community Fund - 35,000 (35,000) - -
NPT Trans NPT Trans (AR sal) NPT 4,167 - (4,167) - -
Trans (JH/CP sal) 3,248 - (3,248) - -
VTCT Foundation 1,960 - (1,960) - -
2,597 - (2,597) - -
5,000 - (5,000) -
19,814 - (19,814) -
- 49,333 (36,607) - 12,726
61,251 106,333 (153,641) - 13,943

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Katie Piper Foundation

Notes to the accounts for the year ended 31 December 2023 (continued)

18 Restricted funds (continued)

Restricted funds (continued)
Previous Balance at Balance at
reporting 1 January
2020		 Incom Expenditur Transfers 31
December
£ e £ e £ £ £
Fixed assets Cadbury D'Oyly Carte 17,230 - (17,230) - -
Saturday Hospital Fund 2022 20,000 (1,441) 18,559
S Cowell - 3,110 (3,110) - -
Rainford Trust 2
Rainford Trust 3
Rainford Trust Peer Support
Meringhoff 2022
National Lottery Community Fund
NPT Trans
NPT Trans (AR sal)
NPT Trans (JH/CP sal)
James Tudor Foundation
VTCT Foundation		 -
20,540
1,175
-
-
-
-
-
-
-		 20,000
-
-
5,000
5,000
19,581
9,960
5,000
5,000
25,000		 (14,094)
(20,540)
(1,175)
(833)
(1,752)
(19,581)
(8,000)
(2,403)
-
(5,186)		 -
-
-
-
-
-
-
-		 5,906
-
-
4,167
3,248
-
1,960
2,597
5,000
19,814
1,250 - (1,250) - -
- 33,750 (33,750) - -
40,195 151,401 (130,345) - 61,251

19 Analysis of movement in unrestricted funds

Balance at 1 As at 31
January December
2023 Incom Expenditur Transfers 2023
£ e £ e £ £ £
General fund 4,955 359,482 (366,693) - (2,256)
4,955 359,482 (366,693) - (2,256)
Previous Balance at 1 As at 31
reporting January December
period 2020 Incom Expenditur Transfers 2022
£ e £ e £ £ £
General fund (7,139) 396,422 (384,328) - 4,955
(7,139) 396,422 (384,328) - 4,955

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Katie Piper Foundation

Notes to the accounts for the year ended 31 December 2023 (continued)

20 Analysis of net assets between
funds
General Designate Restricted
fund £ d funds £ funds £ Total
£
Tangible fixed assets Net - - - -
current assets/(liabilities) (2,256) - 13,943 11,687
Total (2,256) - 13,943 11,687
21 Reconciliation of net movement in funds to net cash flow from operating
activities
activities
2023 2022
£ £
Net income/(expenditure) for the (54,519) 33,150
year Adjustments for:
Depreciation charge Loss/(profit) on sale of fixed - 17,230
assets - -
(Gains)/losses on investments - -
Dividends, interest and rents from investments (1,407) (137)
Decrease/(increase) in stock - -
Decrease/(increase) in debtors (1,378) 1,868
Increase/(decrease) in creditors 832 10,527
Net cash provided by/(used in) (56,472) 62,638

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33 k<atie Piper Foundation | Annual Report 2023