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2024-04-05-accounts

Trustees' Annual Report for the period

Period start date Period start date Period end date
From 06 April 2023 To 05
April
2024

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

1
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
Mrs Michelle Richards
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 Hospital

Yeovil Hospital Children's Ward

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Section D Achievements and performance

Charitable Activities Summary of the main The main projects completed in the period at RUH Bath were in the A&E achievements of the charity Department. This X-ray department has been refurbished, making the during the year area more child friendly. Also, in the A&E Department, we have refurbished the Bereavement Room and in the Waiting Area have added TVs/DVDs/game consoles to keep children occupied. Two more Sensory Voyagers (mobile interactive distraction units) were provided for Bristol Children’s Hospital, costing £9k. This brings our total number of units across all hospitals to 15. Our commitment to maintaining our previously purchased interactive and sensory equipment continues and increases year-on-year, ensuring the children continue to benefit. These cost £5.4k (2023: £4k). The charity continues to be committed to the Ben’s Gift help at home initiative. Fundraising work during the period has been done to support a family raising money to fund a large piece of mobility equipment. Fundraising The Bath Half Marathon, our main annual fundraising event, 100 people running for Time is Precious over two races during the period. We were again chosen as event charity for the famous Santa Dash in Saltford. We were also chosen charity for local solicitors FSM. Longstanding support continued from local company Parkers Transport. We received large donation of £9k from the Original Bristol Santa Float.

Section E Financial review
Brief statement of the
charity’s policy on reserves
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 Children’s. Donors may be specific on which hospital it is put
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 £91.3k (2023: £64.7k).
Spending on core charitable activities totalled £22.6k (2023: £40.4k) in the
year.
Cash reserves remain high at £374k (2023: £332k) 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 the trustees’ report above.

Signed on behalf of the charity’s trustees

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

Trustee
Trustee
18thJune 2024 18thJune 2024

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Independent examiner's report on the accounts

Report to the trustees/ members of[Time Is Precious (in memory of Ben Halford) ] On accounts for the year ended[5 April 2024 ] Set out on page 6

Charity no 1141671

Respective The charity's trustees are responsible for the preparation of the accounts. responsibilities of The charity’s trustees 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:

Signed:
Name:
Address:

18thJun 2024
Gregory Errington MAAT
75 Blackberry Way
Midsomer Norton
Radstock BA3 2RN

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Time Is Precious(in memory of Ben Halford)
Charity Name
Time Is Precious(in memory of Ben Halford)
Charity Name
Time Is Precious(in memory of Ben Halford)
Charity Name
1141671
Number
Receipts and Payments Accounts
For the period
from
6 April 2023
Period start date
To 5 April 2024
Period end date

Section A Receipts and payments

Receipts Unrestricted
funds
£
91,335
-
-
-
91,335
22,637
26,177
-
-
48,814
42,521
-
331,859
374,380
Restricted funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Endowment
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total funds
£
91,335
-
-
-
91,335
22,637
26,177
-
-
48,814
42,521
-
331,859
374,380
Last year
£
Voluntaryreceipts 91,335 64,597
Activities forgeneratingfunds - 90
Bank interest received - -
- -
Total receipts
Payments
64,687
Charitable activities 22,637 40,384
Generatingvoluntaryreceipts 26,177 24,777
Fundraisingcosts(tradingactivities) - -
- -
Total payments
Net of receipts
Transfers between funds
Cash funds last year end
Cash funds this year end
65,161
42,521 - - 42,521 - 474
- **- ** - - -
331,859 - - 331,859 332,333
374,380 - - 374,380 331,859

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

Cash funds
Signed by the trustees
Signature
Total cash funds
Cash at bank
Unrestricted
funds
Restricted funds
to nearest £
to nearest £
374,380
-
-
-
374,380
-
Print Name
Neil Halford
Nicola Halford
Endowment
funds
to nearest £
-
-
-
Date of approval
Neil Halford 18th Jun 2024
Nicola Halford 18th Jun 2024

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