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2022-04-05-accounts

Trustees' Annual Report for the period

Period start date Period start date Period end date
**From ** 06 April 2021 To 05
April
2022

Section A Reference and administration details

Charity name Time Is Precious (in memory of Ben Halford)

Registered charity number 1141671

Charity's principal address 25 Preachers Vale

Coleford Radstock Somerset BA3 5PT

Names of the charity trustees who manage the charity

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2
3
4
5
6
7
Trustee name Office (ifany) **Dates acted if not for whole year **
Mr Neil Halford
Mrs Nicola Halford
Miss Debra Plummer
Miss Louise Coate
Miss Michelle Burge
Mrs D Bradley

Section B Structure, governance and management

Type of governing document Trust Deeds

How the charity is constituted Trust

Trustee selection methods Appointed by existing Trustees

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Section C Objectives and activities

Section C Objectives and activities
Summary of the objects of the
charity set out in its
governing document
Summary of the main
activities undertaken for the
public benefit in relation to
these objects
To assist in the relief of sickness and the preservation and protection of
children who are affected by illness or those children who suffer from a
form of disability which involves treatment and / or a stay in hospital and
their families, by providing such services, facilities and equipment as the
trustees in their absolute discretion determine, for use during their time in
hospital or at home, whilst receiving treatment, including operations and
rehabilitation, in particular but without limitation to supporting this object
in the following hospitals :- 1) Royal United Hospital Bath NHS Trust
Children Centre, Combe Park, Bath, BA1 3NG; 2) Bristol Royal Hospital
for Children, Paul O'Gorman Building, Upper Maudlin Street, Bristol, BS2
8BJ; 3) Yeovil District Hospital Children & Adolescent Services, Higher
Kingston, Yeovil, BA21 4AT
The aim of the charity is to help create a more comfortable and relaxed
atmosphere for children and their families in hospital or at home.
The charity works alongside specialists to purchase equipment and
refurbish areas to support not just those children who because of illness
or disability find themselves in hospital for treatment but also their
families who want to be with them because time is just that precious.
We can help at home
Time Is Precious aim to help as many children as possible who may need
extra equipment not supplied by the NHS at home. This could also
include sensory equipment, specialised devices such as Eye Gaze
Communication etc. Every child is unique & will need equipment to suit
them, working alongside hospital staff, to ensure the needs of the child is
met correctly.
Hospitals
Hospital life can be extremely stressful when you have an ill child. Time is
precious purchase amazing equipment to help relax the children as well
as helping distract them from traumatic procedures.
Family and friends like to visit young patients, but visits can be cut short
because it is difficult keeping brothers and sisters entertained. We want
to be able to make visiting time as best we can for everyone so they can
enjoy playing games, chatting and just being a family.
Hospital Wards, play and physiotherapy departments often need extra
funding for resources and equipment as Hospital budgets are limited.
The Charity aims to fund the departments by raising monies to purchase
equipment for the patients to use during their time in the hospital.
The principal hospitals to Benefit are as follows:

Bristol Children's Hospital

RUH Bath Children's Ward

Booster Therapy Centre in the RUH Bath

Yeovil Hospital Children's Ward

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Section D Achievements and performance

Charitable Activities Summary of the main � The main project completed in the period was the RUH Bath children s achievements of the charity garden, opened in September 2021. Three years in the making, the during the year project cost approximately £25k over that period. Once equipment for the COVID ward has been removed from the site, this will clear the way for further equipment and improvements to the facility. We have purchased another specialised DVD/TV display (£16k), fitted into the MRI scanner at Bristol Children � s Hospital. This was after the success of the same equipment installed at RUH Bath. Total hospital equipment purchased for the year was £36k. We are continuing to fundraise to support two children with specialised equipment at home with the ������ Gift initiative.

Fundraising Due to the continued impact of the COVID-19 pandemic, Bath Half Marathon 2022, our main annual fundraising event, along with many other fundraising events and activities were cancelled or postponed. In an effort to make up for this shortfall, online raffle and smaller fundraising events were organised. We were Charity of the Year for Hunter � s Estate Agents of Bristol. Support continued from local company Parkers Transport.

Section E Financial review

Section E Financial review
Brief statement of the
�������������������������
Further financial review
details
The charity started off with a large lump sum of money transferred from
The Ben Halford Foundation (money raised by the public to try to send
Ben to USA to keep him alive, but he deteriorated quicker than expected,
so his parents set up Time Is Precious).
We only commit to projects & equipment we know we can afford/raise,
being realistic. If any grants are donated to a specific project this is always
honoured.
As money raised within the Yeovil area, will be spent on Yeovil Hospital.
Any money raised not within this area, will go towards either Bath RUH or
Bristol Chi�������������������������������������������������
towards.
The financial Receipts and Payments Accounts are set out on page 6.
Through the fundraising efforts the charity achieved receipts in the period
of £53.4k (2021: £63.5k).
Spending on core charitable activities continued to be restricted in the
period due to the COVID-19 pandemic, totalling £42k (2021: £20.4k) in the
year.
Cash reserves remain high at £332k (2021: £341k) as the charity
continues to work towards hospital projects and in-home equipment
donations.

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Section F Other optional information

The charity continues to attract a large and growing, committed volunteer base.

Section G Declaration

The trustees declare that they have approved ����������������������������

Signed �������������������������� trustees

Signature(s)
Full name(s)
Position (eg Secretary,
Chair, etc)
Date
Neil Halford Nicola Halford

Trustee
Trustee
5thJuly 2022 5thJuly 2022

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Independent examiner's report on the accounts

Report to the trustees/
members of
On accounts for the year
ended
Set out on page
Time Is Precious (in memory of Ben Halford) Time Is Precious (in memory of Ben Halford) Time Is Precious (in memory of Ben Halford)
5 April 2022 Charity no 1141671
6

Respective The charity's trustees are responsible for the preparation of the accounts. responsibilities of ����������������������� consider that an audit is not required for this year trustees and examiner under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to:

Basis of independent 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 the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently ��������������������������������������������������������������� ������������������������������������������������������������������������� statement below.

Signed:
Name:
Address:

5thJuly 2022
Gregory Errington MAAT
40 Old Print Works Road
Paulton
Bristol BS39 7AR

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Charity Name Number Time Is Precious (in memory of Ben Halford) 1141671

Receipts and Payments Accounts

For the period Period start date Period end date To from 06 April 2021 05 April 2022

Section A Receipts and payments

Receipts Unrestricted
funds
£
52,439
966
-
-
Unrestricted
funds
£
52,439
966
-
-
Restricted
funds
£
-
-
-
-
Restricted
funds
£
-
-
-
-
Endowment
funds
£
-
-
-
-
Endowment
funds
£
-
-
-
-
Total funds
£
52,439
966
-
-
Total funds
£
52,439
966
-
-
Last year
£
Voluntaryreceipts 52,439 61,853
Activities forgeneratingfunds 966 1,682
Bank interest received - -
- -
Total receipts
Payments
53,405 - - 53,405 63,535
42,012
20,427
-
-
-
-
-
-
-
-
-
-
42,012
20,427
-
-
Charitable activities 42,012 20,395
Generating voluntary receipts 20,427 15,203
Fundraising costs (trading activities) - -
- -
Total payments
Net of receipts
Transfers between funds
Cash funds last year end
Cash funds this year end
62,439 - - 62,439 35,598
- 9,034 - - - 9,034 27,937
-
-
- - -
341,367 - - 341,367 313,430
332,333 - - 332,333 341,367

Section B Statement of assets and liabilities at the end of the period

Cash funds Cash at bank
Total cash funds
Unrestricted
funds
to nearest £
332,333
-
Unrestricted
funds
to nearest £
332,333
-
Restricted
funds
to nearest £
-
-
Restricted
funds
to nearest £
-
-
Endowment
funds
to nearest £
332,333 - -
- - -
332,333 - -

Signed by the trustees

Signature Print Name
Neil Halford
Nicola Halford
Date of
approval
Neil Halford 5th July 2022
Nicola Halford 5th July 2022

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