IAH CHARITY COMPANY LIMITED TRADING AS INDEPENDENCE AT HOME TRUSTEES, ANNUAL REPORT AND FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024 Charfty No: 1141758 Company No: 7620400
IAH CHARITY COMPANY LIMITED, TRADING AS INDEPENDENCE AT HOME IA private company limlted by guaranteè, wlth no Share capitsll COMPANY INFORMATION Trustees: Mr. G. D. Aslo Mr. T, M. Carter. Dr. R. A. Davies Mr. W. Francklin. Prof. J. R. Harrow Prof. L. M. Luxon CBE IDeceased 2nd September 20231 Mr. A. R. Wilson" Ms. A Fitzal8n Howard IAppoinled 261h September 20231 Ms. A Campbell IAppoinled 261n September 20231 Mr. M.A. Hunter IAppoinled 281h May 20241 'Member of Finance Committeo Company No., 7620400 R•glster•d Charlty No: 1141758 Rfrg18t8r8d Offlco: Congress House 14 Lyon Road Harrow HA1 2EN Audltors: Alllolls LLP Friary Court 13-21 High Street Guildford, Surrey GU13DL Bankorn.. Bank of Scotland P08ox 1000 BX2 1LB Fund Managors: Evelyn Partners 45 Gresham Street London EC2V 7BG Cazenove CapilaS Management 1 London Wall Place London EC2Y SAU Chiof Executive: Mrs. M. A. Derbyshire Chi0f Finance Officgr: Ms. K. Spooner
IAH CHARITY COMPANY LIMITED, TRADING AS INDEPENDENCE AT HOME IA private company Ilmltsd by guarantee, with no share capltal} CONTENTS Page Trustees, Report 4-16 Independgnl Auditors, Report 17-20 Slalemenl of Financial Activiltes 21 Prior Year Slalemenl ol Financial Aclivili88 22 Balance Sheet 23 Cashflow Slalernenl 24 Notes lo the Accounts 25-32
IAH CHARITY COMPANY LIMITED. TRADING AS INDEPENDENCE AT HOME (A private company limited by guarantee. wlth no Share capital) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 INTRODUCTION The Trustees, Iwho are also the Directors). present their report and financi81 statements for the year ended 31 March 2024. AIMS AND OBJECTIVES The principal object of the Company is lo support independgnce for people in need right acros$ the United Kingdom who are living al home with a long-term illne98 or disability. This 1$ achieved by making grant8 of money, supplementary to slalulory provision, which benefit people by enabling the purchase ot equipment, home adaplalions, and other items lo improve mobility, safety, comfort, dignity and qu81ily of life al home. The objects were amended slightly lo add the relief of need, diglress and hardship for the public benefit 10 8ccommod818 the particular requirements of the beneficiaries of the Slaines Trust. SUMMARY OF ACTIVITIES Applications for grants are received from health and 80cial care professionals, and from relevant ch8rilies and organisalions. We meet requests for grants from right across the United Kingdom. Our support varies from person lo person and includes grants Ioword5 the cost of.. Moblllty and travel equlpment - for ex8mplè, p¢Mered whgel¢h8irs, power add-ons, rollalors. Specialist hornesses, Iherapeulic tricycles, and portable hoi¥ls', D16ablllty gqulpment for u86 In thè home for example, epilepsy 818m15. one- handed kitchen appliances, profiling beds, sensory equipment, and riser recliner chairs., Home adaptatlon8 for acce88 for example, wel floor showers, downstairs Oxtensions, slairlffls, scooter storage, heighl-adjuslable baths, and ramps., Communlc8tlon8 oqulpment for example, electronic magnifiers, speech ald8, reading aids, 18rge button phones, lablels, and specialist computer So&re., Urgent hom• r•pairn- for example, generally for older people, lo help maintain health, warmth, and security., Eg8entlal hou8èhold 8qulpmgnt- for example, o washing machine to support paople living with incontinence, or a refrigerator for storing vital medicines, or a bed lo help ensure a comfortable night's sleep- vital lor both physical and mental heakh., E88ential floorlng for example, laminate or vinyl flooring lo aid wheelchair mobility andlor hygiene, or carpel to improve energy efficiency 8nd comfort. SUMMARY OF OUTCOMES The purpose of our grants is to maintain active living, improve independence and well-being. and reduce isolation for people living al home with disability and long-lerm illness. The top outcomes from our work this year have highlighted the desire lo improve mobility and safely in and around the home. lo reconnect with friends and family, and to access community support and facilities independently. As ever, OUT grants have reflected the importance people attach lo comfort and dignity- and a good night's sleep as well as an increased sense of calm and well-being. As last year, concerns remain about the long-term impacts of the pandemic, including on the mental health of the people our referrers are sUPPOrting, as reflected in the lop outcomes listed overleaf.
IAH CHARITY COMPANY LIMITED. TRADING AS INDEPENDENCE AT HOME IA private company Ilmltod by guarante9, wlth no Share capital) TRUSTEES, REPORT Icontlnued) FOR THE YEAR ENDED 31 MARCH 2024 Through our grants. our beneficiaries were able lo.. cess community facilities independently,. Increase connectedness with family, friends. and olhors., Have a comfortable night's sleep., Improve nulrilion,, Washldry laundry at home.. Increase sense of calm and well-being., Join In outings with family", Reduce risk gf injury., Have 8 warm hom8', Improve mobility al home., Go from sittin9 to standing easily and independ¢nlly', Bathe or shower independently and safely. STATUS The company is limited by guarantee (No.. 76204001 and is a r8gistered charity (Charity No.. 11417581 TRUSTEES The Trus18es who held office during the period were as follows.. Mr. G. D. Astor" Mr. T. M, Carter. Dr. R. A. Davies Mr. W. Francklln. Prof. J. R. Harrow Prof. L. M. Luxon C8E Mr. A. R. Wlson" Ms, A Fitzalan Howard Ms. A Campbo11 We were deeply saddened lo learn at the beginning of September 2023 of the death of long- standing Trustee and esteemed colleague Prof. Linda M. Luxon CBE. A full Iribule appears on our website. Al the end of September, we were dolighled lo welcome Ms. A Filzalan Howard and Ms. A Campbell as Trustees and are looking forward lo the prospect of a lurther new Trustee, who has already been nominated, joining us In 2024125. All Trustees give of their time freely and without any remuneration. Trustees are kept informed of new internal and external developments by regular reports. presenlalion5, and the provision of information that is relevant lo the Charity and lo their work as Trustees. New Trustees are appointed by existing Trustees in order to enhance the mix of relevant skills and experience of the Board. Prospective Trustees a PTovided with information relating lo the aims of the charity, and the responsibilities of Trusteeship, and invited to meet fellow Trustees prior lo appoinlrnent.
IAH CHARITY COMPANY LIMrrED, TRADING AS INDEPENDENCE AT HOME {A prlvate company limlted by guarantee, with no share capltal} TRUSTEES, REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2024 ORGANISATIONAL STRUCTURE AND MANAGEMENT The Board consists of eight Trustees who meet al188sl twice a year. The Trustees decide all matters of policy, determining strategic direction, agreeing objectives and monitoring performance to ensure that objective5 are achieved, The Board of Trustees 15 assisted by the Finance Committee, which also meets Nvice a year and whose responsibility is lo consider financial issugs in more detail and report back lo the Trustees. Resporisibility and authority for running the day-l04ay affairs of the Charity15 delegated lo the Chief Exoculive, Melanie Derbyshire. The Board decides the general policy, specific criteria and targets for granl-making lo ensure that they reflect IAH Charity Company Limiled's aims and also advance public benefit. Trustees have due regard lo the Charity Commission's general guid8nce al all times. IAH Charity Company Limited is committed lo an equal opportunities policy. Grants aro made lo people on the basis of disability and need, regardless of age. gender, elhnicily, religion or cultural background. RISK MANAGEMENT The Trustees eonsider that the principal Sk$ to IAH Charity Company Limlted are a¥ $91 out below, together with the agreed approaches in Miligalion,. 1. That insufficient donations and inve$lmenl income are recelved lo fund ongoing charitable aclivilie5. The Trustees have adopted an investment policy 85 stated bglow, and appoinlad a Fundraiser, funded by the de8ign8led Fundraiser Fund, lo miligale these risks, 11 is rocognised that fundraising will play a bigger role in the charity's long-lem plans lo have sufficient financial flexibility lo help the increasing number of individuals in need of assistance. 2. That processing failures, fraud or major incidents impede the charity's ability lo function effectively, and thus lo deliver ils charitable objeelives, or that, simiSarly. a failure lo mply with relev8nl legislation compromises the charity's slalus and future. The Trustees have reviewed Such major strategic and operational risks lo which the Charity is exposed and are satisfied that management reporting systems are in place lo minimise the effects of such risks a5 may exist, Key s)olicies ènd procedures are reviewed on a regLJlar basis al Trustee meetings. INVESTMENT POLICY The Trustees of IAH Charity Company Limited have the power lo invest in such assets as they see fil. All investment opportunities are chosen with due regard lo the level of risk and ethical considerations. Evelyn Partners and Cazenove Capital Management manage the charity's investment assets. The current overall aim is to generate 8 balance between capitsl growth over the economic cycle and current income generation, whilst embracing a medium level of risk. An income yield of al least 2.5Vlo was targeted and a yield of 2.7Vo was achieved during the year. The Finance Committee mee15 with both Fund Managers regularfy to review investment performance and strategy. Current asset allocation guidelines allow for approximately 50 90% investment in equities, 5 20% investment in fixed interest inve51menls and 0 - 10% in cash.
IAH CHARITY COMPANY LIMITED, TRADING AS INDEPENDENCE AT HOME (A privite company limitsd by guarantee, with no share capltall TRUSTEES. REPORT Icontinuedl FOR THE YEAR ENDED 31 MARCH 2024 RESERVES POLICY IAH Charity Company Limited's reseNes Tepresenl funds which are held either lo protect the long-term future of ils operation or are expected lo be Spent in the short-tsrm. In the former category are the funds classified as il Expendable Endowment Funds and ill Designated Funds. Expendable Endowment Funds, (Queen Square Fund, Miss Doreen Stanford Fund, Sl8ines Trust Fund and The Ted Goslling Fund) lolalled £6,587,607 at 31 March 2D24. The first three of these were èstablished on merger with the former Chartered Society of Queen Squar8. the Mlss Doreen Stanford Trust, and the Slaines Trust, and hold the former Society's and Trusts, assets, which were transferred lo Independence al Home and thence lo IAH Charity Company Limited. The Ted Goslling Fund was established with a £1m grant lo IAH Charity Company Limited, received in July 2023 specifically for granl-making over a period of len years. The Quegn Square Fund continues lo be invested lo provide income for grant-making to client$ with neurological illness and disability. The Miss Doreen Stanford Fund is invesl¢d lo provide income for gr8nl-making lo clients in accordance with the agreement made prior lo merger. Thg Siaines Trust Fund is inveslod lo provide granl-making lo clients, including the former beneficiaries of the Slaines Trust (some of whom now live overseas). The Ted Goslllng Fund is invested lo provide granl.making lo client8 in the UK. A contribution from the flr81 three funds, after granl-making. may be u58d lo meet a proportion of IAH Charity Company Limiled's operating expenses. In addition, capital from the Queen Squar8 Fund, Miss Doreen Slanlord Fund and Slaine5 Trust Fund is used towards chorilable activities rf necessary. No capital was ulilised during the year for such aclivilies. The Founderf5 Fund - d85ignaled fund - is invested lo provide income to cover the annual running costs of IAH Charity Company Limited. If the income from this Fund, and conlribullons from the Expendable Endowment Funds and other Unreslricled Funds are together Insufficient to Cover the costs, then the balance may be found from the capital of the Founder'5 Fund. During the year, £27,000 of capital was used for this purpose. The value of the Founder's Fund al 31 March 2024 was £671,441 Ilasl year £659,220). The Fundraiser Fund, another designated fund, was estoblished following the endowment of assets from the Slaines Trust Fund and is used lo defray the costs of the dedicated fundraising funelion, over a period of five years. (See note below.) The value of the fund al 31 March 2024 was £36,004 Ilasl yoar £66,363). Funds which are expeeled to be spent in the short.tem affj iiil Roslricled Funds and iv) other Unreslricled Funds. Reslricled Funds represent unspent ba18nces on restricted donations and expendable endowment income al year end, the majority of which will be spent within tho next financial year, and lolalled £133,431 al 31 March 2024 Ilasl year £106,040). Other Unrestricted Fund¥ consist of legacies. unrestricted donations and investment income which have not been spent in the current financi81 year and are carried forward for spending on the Charity's objectives in the short lo medium term. At the end of the financial year, these funds lolalled £784 Ilasl year £114,971). The Trustees believe that the current level of resèrves is appropriate, in view of the uncertainty of future levels of both donated and investment income and given the demand for our service. Al 31 March 2024, total funds of the charity were £7,429,267 (last year £7,234.3411.
IAH CHARITY COMPANY LIMITED. TRADING AS INDEPENDENCE AT HOME IA prlvatg company Ilmlted by guarantee, wlth no share capltall TRUSTEES, REPORT Icontinuodl FOR THE YEAR ENDED 31 MARCH 2024 GRANT MAKING Independence al Home received more grant applications in 2023124 Gompared with the previous yèar. Expenditure on grants was £522.537 enabling us lo offer much-needed support 10 1,364 people with disabililiesllong-lerm illness during the year lo 31 March 2024. This was an increase of almos111 on the number ol grant awards last year, and we continued lo see a rising trend in the level of need, reinforcin9 our clear belief that there 15 a vital, on-going rolo for the charity. Our grants were u8ed by beneficiaries lo improve independence, safety, ¢Jignity, and quality of life in and around their homes, and lo reduce isolation, Grants a8sisled the purch8se of equipment and building work that were considered essential to enable each person and family lo maintain active independent living and covered a wide geographical spread, with boneficiaries1iving right across the United Kingdom., Country l Roglon 2023124 Number 2022123 Number Englarbd - Re9ions Greoler London North East North West Yorkshire & the Humbèr East Midlands Wesl Midlands South East East of England South Wesl England - Total Scotland Wales Northern Ireland Non-UK Englaiid - Rogion8 Greater London 190 15.4% North East 116 9.4% North West 123 10.0% << poviously not rncoffY16d $8p&r8t81y- includ6d mainly within North E8St 235 40 163 17.2% 2.9% 12.0% 84 8.2% 6S 121 131 93 103 4.8% 8.9% 9.6Yo 6.8% 7.6% Midland8 174 14.1% South East East of England South West 142 62 83 11.5% 5.0% 6.7% 1.036 136 103 75.9% 10.00 7.6% 6.2% 0.4°1. England - Total Scotland Wal•8 Northgrn Iroland Non-UK 890 132 124 71 72.4% 10.7% 10.1% 5.8% 1.1Wo Total 1,364 100.0°lo Total Nol&. peiceiilagc)s iourioletsl to uiie GleGiirialplace. 1,230 100.0¢1. Last year, the distribution of our beneficiaries by age group, across the whole of the United Kingdom, and representing a wide range of ethnicities, was as follows.. Age Group Children and young people between 0-17 years ol age Adults beNveen 18-64 years of age Adults beNveen 65 and 79 years of age Adults over 80 years of age 2023124 2022123 260/. 246° 54.3% 14.90 4.80 52.3% 17.0/. 6.2% In relation to gender, our beneficiaries were 51.90A male (last year 49.5%). 47.8% female {lasl year 50.5%), with 0.3% of beneficiaries preferring the descriptr'on "other..
IAH CHARITY COMPANY LIMITED, TRADING AS INDEPENDENCE AT HOME {A prlvate company limitèd by guarantgo. wlth no 8hare capital) TRUSTEES. REPORT Icontlnuedl FOR THE YEAR ENDED 31 MARCH 2024 Beneficiaries had medical diagnoses including physic81 and learning disabilities, neuromuscular and neurological conditions, vision andlor hearing impairment, the multiple conditions of ageing, chronic and enduring mental health problems, and life-limiling conditions. Wa are proud of our work and hope the following examples show just how important the prcsvision of specialist equipment and other support Is - not only for enabling independence for disabled people bul also for their health and hygigng, connection, comfort, and dignity. Our grants contributed towards the followlng iloms andlor works for beneficiaries.. A. 24.7% Ilast year, 16.70kl for 8pècial gqulpmont for d18ablllty - for example, profiling beds, sensory equipment, Tiser, recliner chairs, and a150 equipment lo help people with communication difficulties and sensory impairmonl lo keep in touch with families and fri8nrJs and the wider world., 8. 33.4Th/th Ilasl year, 40.3Tr/0l for equlpment to #upport Indapend•nt living It home essential items for example, kitchen equipment, flooring, furnishings, and removal expenses- lo help people move lo more accessible or Safer accommodation and hèlp wlth addltlonal heatlng and fu•1 costs lo ensure homes are dry and warm for those who are increasingly housebound., C. 29.8V• Ila81 year, 28.0%) for gqulpment to Improve moblllty & travel - for ex8mpla, walking aid5. powered wheelchairs, mobility scooters, speci81isl Irikeslbuggies, hoist8 for wheelchair users, and car harnesses lor disablèd children., D. 11.8% Ilasl year. 13.9%) for home adaptatlon8 for dl#oblllty* and homo rnpalr8- for exarnple, wel rooms, 8tairfifts, and r8mp$ to enable independent acces$,' E. 0.5% Ilasl year, 1,1%) ft>r Iln4n¢lal 8upport to fomer Slaines Tru$l bgnef1ciaries. A lolal of 44 applicants (representing 2.40A of the lolal of all applications received - last year 51, or 3.1 %) fell outside IAH Charity Company Limiled's criteria for grant making and were. regrettably. refused Despite not meeting our remrt, we were nonetheless pleased lo help $ignpos1 these applicants to other possibl¢ 3ourc8s of support. APPROACH TO FUNDRAISING Indepenéence al Home is committed lo protecting donoT3 and the public, includlng vulnerable people, from poor fundraising practice5 as reguired by the fundraising sections of the Charities (Proleclion and Social Invoslmenll Act 2016. All fundraising activities for the charity are Carried out by charity staff, predominantly the Ipart-limel Fundraiser, and the Ipart-limel Chief Executive Officer, both of whom are members of the Chartered Inslilule of Fundraising. Donations are used only on 9ranl making unless a donor explicitly provides otherwise. The Charity does not work with any commercial participators or professional fundraisers. All fundraising conforms lo recognised standards. Th8 Charity has not been made aware of any Complaints about ils fundraising practices. REVIEW OF FINANCIAL POSITION AT 31 MARCH 2024 The Charity's total income for the year ended 31 March 2024 amounted to £491,374 (last year £1.423,2151, repfesonting investment income, legacies and donations. Total expenditu for the year was £752,741 Ilasl year, £673,923). The value of the Charity's investments al 31 March 2024 amounted to £7,307,389 Ilasl year £6,020,758).
IAH CHARITY COMPANY LIMITED, TRADING AS INDEPENDENCE AT HOME IA privatg company Ilmited by guaranteo, with no share capital) TRUSTEES. REPORT {¢ontlnuedl FOR THE YEAR ENDED 31 MARCH 2024 BENEFICIARY PROFILES Here arejust a few examples of people w8 havg been able lo support during the year 2023124., A 3&year-old woman, diagnosed wlth Chronic Fatigue SyndromelME triggered by Covid-19. suffers extreme weakness, pain and fatigue and requlres support with most tasks of daily living. She lives alone. essentially in her kitchen, as she cannot access upstairs. She has an unpaid earer daily. and uses a wheelchair. Her condition means that she now cannot walk more than a few steps or propel her wheelchair lar. A Tri- Ride compact power add-on has enabled her lo leave her house independently. A 74-year-old man Ilves alone and has a degenerativ8 spinal ¢ondilion, proslale cancer Icalhelerisedl, poor mobility, and falls regularly. An external ramp was neeEled to enable him to have sale access lo and from his home. A 3-year-old boy has a heart condition Icoarclalion 80rtal, multiple VSDS, chromosome deletion, development delay, and also has Aulislic Spectrum Disorder and ADHD. Due lo his conditions, il is unsafe for him lo be out of his Pushchair In public as he has no Safely awareness and therefore requires constant supervision. He had oul9rown a standard pushchair and needed a larger one the Special Tomato pushchair was Selected a8 being suitable lo provide a safe and comfortablo space for him. A 38-year-old single parent has an aggressive form of Multiple Scler05is IMS) which impacts on her daily life and a¢livi11os. She has two young boys, one of whom has Special needs, lor whom she has no outside support. So her own Iran8POrt is essential to her lo maintain her independence, and lo enable her lo continue lo access the community- not least, lo enable her lo lulfil her role as a mother, Due lo not having leg function, sho ne8ded a grant for specialist hand controls for her ear. A64-YearId woman is single and lives alone. With severe 3rthrilis and limited mobillty, she struggles to climb into her bath safely. She needed help lo pay for adaplalions lo her bathroom to 8nable her to Shower safely and independently. An 8.year-old boy has Chronic Kidney Disease CKD5- Post Transplant- with recurrent Sepsis and has 8 gaslroslomy lube in silu- he has not eaten for most of his life. He is having recurrent episodes of sepsis, requiring long hospital admissions, which may b& solved via a blended diet. A blended diet works by increasing the gut microbiome which could help reduce the chances of him getting 8epsi8. Help was needed lo purchase a Vilamix Blender . the only one powerful enough to blend lo the required specification. A 57-year-old man lives with his wile. Following a stroke, he has righl-sided upper and lower limb weaknes5, and so lives downstairs, with daily carer support. The hospital lent him an electric bed lo aid his mobility bul now needs il returned. As he still Cannot mobilise in and out of a Standard bed, he needed help lo purchase an electric bed. A 74-year-old widower has COPD, angina. type 2 diabetes and slenls in his leg. He g&ts breathless while walking, which restricts his ability lo get out and about. He needed help lo purchase a mobility scooter lo give him more freedom and independence. A 21-year-old woman has a medical diagnosis of bilateral vestibular hypofunction, affecting her balance and control of body movement, alongside chroni¢ pain. She also has aulislic spectrum di50rder and Tourelle's syndrome. She lives with her mum (her designated carerl and is isolated raiely going out due lo the challenges with balance. She needed help to buy a 'life-changing specialist wheelchair with trekking wheels and Tri-ride add-on so she could be independent and enjoy the local Ivery hilly lerrainl with her assistsnce dog. 10-
IAH CHARITY COMPANY LIMITED, TRADING AS INDEPENDENCE AT HOME IA private company limlted by guarantee, with no sharg capltall TRUSTEES, REPORT {¢ontinuedl FOR THE YEAR ENDED 31 MARCH 2024 REFERRER PROFILE Our beneficiaries are 'referred' to Indgpendence at Home by health and social care professionals - including GPS. occupational therapists, physiolherapisls. speech and language therapists, social workers from local Social Care Trusts, Citizens Adviee, and other charities and community-based organisalions. Acting on the beneficiary's behalf, they will have sought lo obtain the support they needed from slalutory funding in the first instance. Only if they are unsuccessful elsewhere wlll Referrers turn lo Independence 81 Home. However, we know that our Rgferrers are busy people, and that they are working hard to reduce backlogs due lo staff shortages. With their lime lo advocate on behaLI of their clients more r8slricled than ever, we have sought lo do everything we can lo help Ihom, by making our website. online application form and submission process as clear and easy-Io-u9e as possible. Wo have been delighted to r8Geivo their feedback that these changes have been received positively. EXTERNAL ENVIRONMENT Resear¢h highlights that lrfe c0818 mor8 rf you are disabled. On average, households with a disabled adult or chlld need an additiona1 £975 per month lo hove the same standard of living as other households Iscope, The Disability Price Tag, 20231. These additional costs arise as result of having lo divert ineorne lo pay for specialist di8ability.relaled products and services such as mobility aids, car or home adaplalions, medicines and therapies, and somellmes more engrgy for heating andlor powered medical equipment. On lop of this, disabled people 8180 experience incrèasing costs due lo inflation, which disadvantages disabled people and families caring for a disabled person - yel further. In the UK. there are now 16.0 mlllion 114.6 in 20221 people reporting a disability - this represents 240A of the lolal population and an increase of 3.9 million people over the past deGade. IDWP, Family Resources Survey, March 20241, This report also reveals that the largest impairment groups in the UK are people with a mobility impairmenl1480/¢l. followed by people with mental health impairments - now increased lo 34% in 2022123. However. it is worth noting that, for working-age adults, mental health impairment 147%118 now thg most prevalent impairment, followed by mobility141%1. Indeed, data released in the August 2023 UK Poverty Report by the Joseph Rowntree Foundation consistently sh¢)ws that households with a disabled person are more likely lo face hardship than olher5'. they are more likely lo be in poverty, have lower rates of employment than households wilhoul a disabled person, and often face additional costs due to having a disability. Furtherrnore, the Foundation's cost-of-living tracker from May 2023 offers insight from a survey of 4,000 low-income households lin the bottom 40% of incomes) across the UK. Of those households, 23Vkn reported one person with disability in their househo5ds, while 12Vo reported o or more. Unsurprisingly, they found that low-income households including a disabled person were being hil hard by the cost-of-living crisis, with almost 60% experiencing food insecurity in Aprillmay 2D23, 70Qk going without essentials beeen November and May. and almost half in arrears with al least one household bill148%1. In addrtion lo financial hardship, households with a disabled person were more likely to be experiencing health and well-being impacts from th8 st-Of-ll¥ln9 crisis than households without a disabled pern. These are the people who rely on us for hèlp. 11
IAH CHARITY COMPANY LIMITED. TRADING AS INDEPENDENCE AT HOME IA private company limitgd by guarantee, with no share capital TRUSTEES, REPORT {continu•dl FOR THE YEAR ENDED 31 MARCH 2024 INSIGHTS Our beneficiaries live in evgry nation and region of the United Kingdom. They are people of all ages and elhnicilies, contending with disability, long-lerm illness, and, for many, the multiple condition5 of ageing. They are in dire financial need and find il extremely challenging lo obtain 8ssenli81 equipment or home adaplalions lo enable them lo live independently al home. Whilst technology has advanced, communication and mobility aids for people living with disability and long-lemi illness often remain oul-of-reach because of the costs involved. Fa¢gd with multiple barriers to independent living, and having tried. bul f8iled, lo secure what they nèed from slalulory sources, our beneficiaries so often find themselves falling through gaps in Service provision. Their only recourse is lo seek financial help from charities like ndependence al Home lowarcss the purchase oflhe specialist equipment and adaplalions they need. We kn¢)w that we are often the last port of ¢all to Secure access lo support. This year, the most referenced categorie8 of'primary medical condition, were.. ngurologlcal dlsgasos and condltlonl 263 grants. rgpresenting 19.3% of the lolal number of grants awarded in the year,, 2. Autl8tic Spectrum D180rder IASDI. ADHD & A*p8rgor• Syndromg 228 gran18 116.7%),, mental Illno88 and mont41 hgAlth ¢ondltlon8- 203 grant8114.9%1. Applications lor grants relating lo neurologlcal di8ea8os and condltlon8 were dominated by speeialisl disability equipment and home adaplalions, and by mobilityltravel-relaled equipment a3 people sought freedom from Isolation in their desir¢ lo get back out into their communities. During 2023124. IheTO was a further incre88e in the number of childr$n and young people being referred lo the charity. Children with a diagnosis of aut18tl¢ 8POCtrum dl8ordèr, and other genetic disorders, loarning disability. andlor cerebral palsy can have their day-to-day lives made easier and more comfortable by appropriately designed specialist tough furniture. harnesses. and pushchairs. Trikes with posture supports and lightweight manoeuvrable wheelchairs gnabl8 vital Iherapeulic exercise, leisure and sporting aclivilies, 311 of which makes a hug8 difference lo the lives not only of the children bul also of their families and carers. Perhaps unsurprisingly, given recent events and the late81 re8earch, the third most referenced category was montal Illne88 and mental health condltions, typically relating to adulls of working age. Many of the grant requests on behalf ol this age group were for essential household goods, reflecting people being rehoused in more accessible andlor safer accommodation, which. in a few cases, followed emergency hospitslisations. The number of applications we received on behalf of elderly people, particularly in England, was lower than we anli¢ipaled. although the rale of receipt of applications pickod up in the last quarter. The number of applications for home adaplalions and repairs remained steady. The challenge of providing support in these increasingly desperate limes is one which everyone at Independence al Home wishes lo meet, lo the very best of our ability. Wth the support of our much valued and incredibly generous donors and bènefactors. we look forward to continuing to enable people lo live independently al home. To meet this challenge in 2024125. we are working hard lo ensure that wg are ready and funded in a position lo help people just as soon as Referrers are able lo apply for the support their clients undoubledty need. 12-
IAH CHARITY COMPANY LIMITED, TRADING AS INDEPENDENCE AT HOME {A prlvate company Ilmlted by guarant89, Wtth no share capital) TRUSTEES, REPORT (continued) FOR THE YEAR ENDED 31 MARCH 2024 PLANS AND OBJECTIVES FOR THE YEAR AHEAD Independence al Home is a needs-driven and user-focused charity which listens actively lo the individual concerns and Circumstances of ils beneficiaries. We remain passionate about our work through which we see dignity restored, often through very modest grants, lo many people who had lost hope of being part of their families and communities because of illnes$ ordisability. Our service is flexible and responsive, and we are available via email or phone. We invito applications for grants IhroLJgh our website which enable8 referrers lo access our support and apply quickly whenever Iherels a need. Furthermore, by operating our grants payment process on a weekly basis, we ore able lo respond very quickly lo vulnerable people and their needs, We plan that the Gharity will conlinug lo meet the needs of our beneficiaries, rdecling the challenging external conlexl, and our own insights. Our objectiV88 for 2024125 include.. achieving or Sdeally exceeding our granl-making largèl of 1.400 grants of average value £380 from our ¢)wn re8ouree5 and with vit81 donations from our generous donors who share our aim of helping those individuals who are most in need, and, in addition, lo.. research prospective funders, largeling new donations of £110,000., rgview requiremgnls for additional resourcing lo help meet growing demand. 2. developing and driving forwards our Programme of Growth and Suslalnability through merger and development of Strategic partnershlps lo.. identify organisalions which might wish lo explore the benefits of a merger with Independence al Home., slrengthgn relationships with existing 8lralegic partner8 and idenlfy new ones. 3. delivering the next phaso of our Digital Action Plan lo.. complete lesling and introduce our new digital sy31em lo obtain beneficiary and referrer feedback on our application process and the impact of our grants,. strengthen our digital plaffonns and pre8ene8, including updallng our website. rèviewing the Charity'5 investment strategy and policies regularly to., ensure that they remain prudent and responsible,, view invgslmenls as a formal sl8ndin9 Item al all Finance Committee meetings aiming lo generate a relum of al least 2.5% and capital growth. During the year, we completed successfully our planned migration from 'Classic' lo the 'Lighlning' version of Salesforce, with improved reporting capabilities and superior functionality. We also introduced the use of 'Form Assembly, lo provide a fully inlegraled and improved online application system with features which have made the whole process more slraighfforward for our referrers. All this was achieved through the harcl work and considerable dedication of our staff team, ensuring that our digital upgrades and website developments were delivered without any interruption lo our core service. This project has improved accessibility and enabled us lo reach more potential referrers, lo measure and evaluate beller the impact of our work, and to make Service improvements based on detailed data and trend analysis. Looking ahead. we are pleased to b8 in early-stage discus510ns about the possibility of melger wilhlacquisition of another smaller charity whose objectives are Similarly aligned. 13-
IAH CHARITY COMPANY LIMITED. TRADING AS INDEPENDENCE AT HOME IA prlvate company limlted by guarantoe. wlth no 8hare capital} TRUSTEES. REPORT Icontlnuèd} FOR THE YEAR ENDED 31 MARCH 2024 OUR GENEROUS FUNDERS We are extremely grateful lo all our funders, without whose generous $UPPOrt we would not be able to make Such a Iransformalional difference 10 50 many lives. We recognise that we are exceptionally fortunate lo have a solid financial foundation for our granl-making so that we are able lo achieve our objectives and respond swiftly to cases of people n dire need. We are most gralaful lo all our funders in 2023124, 811 of whom we thank formally and acknowledge on the following page. In particular, we are most grateful lo our strategic partners including our major funders in the yoar.. The Edward Goslling Foundation, The John Armi18ge Charitable Tru51, The Drapers, Charitable Fund, The Hadley Trust, The Hargrèaves Foundation, The Headley Trust, and several others who have chosen lo ramoin anonymous. Once again this has undoubtedly been a challenging year for fundraising, and we understand th81 Charitable Trusts have seen a huge increase in the number of applications received from charilios ol all sizes. Indeed, we are aware of some of the smaller charities being forced lo close which. of course, makes it even more important for Independence al Home lo be able lo help those individuals who are losing other potential avenues of vital support. However, with over sixty Trusts and Foundations supporting the charity on an annual b8sis. we remain oplimislic about the future and very much hope that we will continue lo benefit from such tremendous support. We were dolighled that, during the year coverèd by this report, Several of our loyal funders increased the value of their annual donations lo the charity,. we. and our beneficiaries. greatly appreciate this eonlinued ggnerosily. In particular, we would like to reiterate our gratitude lo the Trustee8 of The Edward Goslling Foundation for their incredibly generous 10-year deed of 9ranl with Independenc8 al Home which commenced in 2023124. This demon$lralion of long-lerm commitment lo tho work of Independence al Home offers us a level of confidencg which is particu18rly wel¢omo in these vary uncertain limes. Looking ahead, 1118 absolutely vital to us lo be able lo demonslrale th81 we enjoy ongoing and preferably growing support as we seek lo encourage other fundèrs and Irusls lo commit lo more secure longer-lerm grants, and Strive - lo the be81 of our ability - lo keep pace with the need8. 11 is due lo our strong 88sel base and the reassurance of continuing, long-lerm support from our funders that we consider the charity lo be a going concern. With the help of, and in partnership with, like-minded Trusts and Foundations, we expect lo be able lo continue lo provide essential support for people living al home with disability and long-lerm illness through these challenging limes, and beyond. 14-
IAH CHARITY COMPANY LIMITED. TRADING AS INDEPENDENCE AT HOME IA prlvate company limited by guarantee. with no share capilall TRUSTEES. REPORT Icontlnued) FOR THE YEAR ENDED 31 MARCH 2024 OUR DONORS Independence at Home is grateful lo the following Trusts, Companies and Individuals who supported Independence al Home's work and clients so magnificently during the period ending 31 March 2024.. The John Arnitage Charitable Tru51 The Astor Foundation The H8dley Foundation The Hodge Foundation JTH Charitable Trust Lord Austin Tru51 B&Q Foundation Sir James Knoll Trust The Bawden Fund Lady Yuen Peng McNeice Charitsble Foundation 8enham Charitable Settlement The Isabel Bla¢kman Foundation The Beatrice Laing Trust The Lennox Hannay Charitable Trust The Lawson Trust Mr & Mrs Calcull Caslanea Trust Thg Alice Ellen Cooper Dean Charitable Foundation The RS Macdonald Charitable Trust Morsh Charitable Trust Davis Rubens Charitable Trust The Clare Milne Trust Tho Drapers. Charitable Fund The Enkalon Foundation The Moneybury Ch8rilabl¢ Trust Mr8 Smllh & Mount Trust The Findlay Charitable Tru81 Sir John Fisher Foundation Murphy-Neum8nn Charity Company Limited The Florence Turnèr Trust My Name'5 Doddie Foundation Nationwide Community Foundation Will Page l Noble Jacks Ger81d Palmer Eling Trust Company Suzanna Peako Charitable Trust Gilander Foundation The Edward Goslling Foundation Mis5 Annie J l Gowerfs Charitable Tru51 The WaSler Guinness Charitable Trust The Hadley Trust Eleanor Hamilton Educational Tru51 The PF Charitable Trust Sir John Prieslman Charity Trust The Row Fogo Charitable Trust st Jude'8 Trust Hamilton Wallace Charitable Trust The Hargreaves Foundation The John Harrison Charitsble Trust Webb Family Charitable Trust Anonymous donors The Headley Trust 15-
IAH CHARITY COMPANY LIMITED, TRADING AS INDEPENDENCE AT HOME IA prlyate company Ilmited by guarant89, with no share capltall TRUSTEES, REPORT {contlnutdl FOR THE YEAR ENDED 31 MARCH 2024 STATEMENT OF TRUSTEES, RESPONSIBILITIES The Trustees, (who are also the Directors for tho purposes of company law), are responsible for preparing their Trustees. Report 8nd the financial stalemenls in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requlres the Trustees lo prepare financial slalemenls for each financi81 yéar which give a true and fair view of the 81ale of affairs of the Charitable Company and the incoming resources and application of resources, includin9 the income and expenditure, of the charitsble company for Ih8t period. In preparing Ihesa financial stalemenls, the Trusteès ar8 required lo.. select suitablg accounting policies 8nd then #pply Ihgm con51slenlly', observe the methods and principle5 in the Charities SORP,. make judgements and eslimalès that are reasonable and prudanl., slalo whether applicable UK Ae¢ounling Standards have been followed, subject to any material departures disclosed and explained in the financial slalemenls,. pr8p8re the financial 81alemenls on the going concern basis unless 1115 inappropriate to presume that the charitable company will eonlinu8 in business. The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy al any lime the financial position of the Charitable Company and enable them lo ensure that the financial slalemenls comply with the Companies Act 2006. They ara also responsible for safeguarding the assets of the charity and hence for laklng raasonablg steps for the prevention and detection of fraud and other irregularities. STATEMENT OF DISCLOSURE TO AUDITORS So far as the Trustees are aware, there is no relevant audit inform81ion of which the Comp8ny' auditors are unaware. Additionally, the Trustees have tsken all the necessary slep8 that they ought lo have taken as Trustees in order lo make themselves aware of all relevant audit infomiation and to establish that the Company's auditors are aware of that infomiation. The annual rgport set out on pages 4 - 18 was approved by the 808rd of Trus1895 on 16 July 2024. Slgned: Davld A8tor Chairman and Trust9• 16-
IAH CHARITY COMPANY LIMITED IA privats company Ilmlted by guarantee, wlth no 8hare capital) INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES OF IAH CHARITY COMPANY LIMITED FOR THE YEAR ENDED 31 MARCH 2024 Opinion We h8ve audited the financial statements of IAH ChaTity Company Limited Ilhe 'company'l for the year ended 31 March 2024 which compTlSe the Slalemenl of Financial Aclivilies, the Balance Sheet, the Summary Income and Expenditure Account, the Stslement of Cash Flows and the notes lo the financial slalemenls, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102. Tho Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements.. give a true and fair view of the slate of the charltable company's affairs as al 31 Mar¢h 2024 and of its incomin9 resources and application of resources for the year then ended., have bgen Properly prep8red In a¢Gordanco with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance wllh the requirements of the Companies Act 2006. Ba818 for oplnlon We conducted our 8udil in accordance with International Standard8 on Auditing IUKI IISAS IUKII and applicable law. Our rosponsibililies under those standard5 are further described in the Auditor's responsibilities for the audit of the financial sl8lemenls section of our report. We are independent of the charitable company in aecordance with the ethical requiremen15 that are relevant lo our audit of the financial slalemenls in the UK, including the FRC'S Elhieal Standard, ond we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe th81 the audit evidence we have obtained is suffieienl and appropriate to provide a basi5 for our opinlon. Conclu8lon8 ralatlng to golng concern In auditing the financial slalemonts, we have concluded that the Trustees, use of thé going concem basis of accounting in the preparation of the financial statements is appropriate, Based on the work we have performed, we have not identified any material uncertainties relating lo evenl8 or conditions that. individually or collectively. may cast significant doubl on the charitable ompany's ability lo continue as a going concern for a period of at least e1ve months from when the financial statements a aulhorised for issue. Our responsibilities and the responsibilities of the Trustees with respect lo going concern are described in the Televanl sections of this report. Othgr Inforniatlon The other information comprises the information included in the annual report other than the financial slalemenls and our auditorfs report Ihereon. The Trustees aTe responsible for the other information contained within the annual report. Our Opinion on the financial slalemenls does not cover the other information and we do not express any form of assurance conclusion Ihereon. Our responsibility Is lo read the other information and, in doing so, consider whether the other information is materially inconsi51enl with the financial stslements or our knowledge obtained in the course of the audit, or olhefwise 8ppear5 to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required lo determine whether this gives rise to a material misslalemenl in the financial slalemenls themselves. If. based on the work we have performed, we conclude that there 15 8 material misststemenl of this other information, we are Tequired lo report that fact. We have nothing to report in this regard. 17-
IAH CHARITY COMPANY LIMITED {A privato company limltsd by guaranto9, with no share capltall INDEPENDENT AUDITORS, REPORT TO THE TRUSTEES OF IAH CHARITY COMPANY LIMITED FOR THE YEAR ENDED 31 MARCH 2024 Oplnlons on other matt8rs prescribed by the Companlo8 Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the information given in the Trustees. Report for the financial yearfor which the financial slalemenls are prepared is consislenl with the financial siatemenls.. and the Directors, Report included within the Trustees, Report has been prepared in accordance with applicablo legal requirements. Mattern on whl¢h w• are requlrod to rnport by oxcoptlon In the light of the knowledge and understanding of the charitable company and ils environment obtained in the course of the audit, we have not identified material misstalèmenls in the Directors, Report included within the Trustee$, Report. Wo have nothing lo report in respect of the following matter8 in relation lo which the Companies Act 2006 requires us lo report lo you if, in our opinion.. 8dequale and proper aecounling records have not been kept, or returns adequate for our audit have not been raceived from branches not visited by u5., or the financial slalements are not in agreement with the accounting record¥ and relums., or c8rt8in disc108ures of TnJ51ee5' remuner81ion specified by law are not made., or we have not received all the information and explanations we require for our audit., or the Trustees were not enlilled lo prepare the financial slalemenls in accordance with the small companies regime and lake advantage of the sm811 companies, exemptions in preparing the Trustees, Report and from the requirement lo prepare a strategic report. Ro8pon8lbllltle8 of Tru8te88 As explained more fully in the Trustees, responsibilities slalemenl, the Tru8lees Iwho are the Directors ol the charitable company for the purposes of company lawl are rgsponsible for the preparation of the financial slalemenls and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary lo enable the preparation of financial 81alemenls that are free from material mis51alemenl, wholher due lo fraud or error, In preparing the financial slatemenls, the Trustees are responsible for assessing the Charitable company's ability to continue as a going concern. disclosing, as appIlble, matters related lo going concern and using the going concern basis of accounting unless the Truslegs either intend lo liquidate the charitable company or lo cease operations, or have no realistic alternative bul lo do so. Auditor'8 re8pon$lbllitles for the audlt of the financial statements Our objectives are lo obtain reasonable assurance oboul whether the financial $18temenb as a whole are free from material rnisslalemenl, whether due lo fraud or error, and lo issue an audrtor's report that includes our opinion. Reasonable assurance is a high level of assurance, bul is not a guarantee that 8n audit condLJcled in accordance with ISA5 IUKI will always delect a material misstatement when il exists. Misslalemenls can arise from fraud or error and are considered material if. individually or in the aggregate, they could reasonably be expected lo influence the economic decisions of users taken on the ba5I5 of these financial stalemenls. Irregularilios, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, lo detect material misstalemenls in respect of irregularities, including fraud. The extent lo which our procedures are capable of delecling irregularities, including fraud, is detailed below. 16-
IAH CHARITY COMPANY LIMITED {A private company limlted by guarantee. with no sharg capltal) INDEPENDENT AUDITORS, REPORT TO THE TRUSTEES OF IAH CHARITY COMPANY LIMITED FOR THE YEAR ENDED 31 MARCH 2024 Our approach lo identifying and assessing the risks of material misstalemenl in respect of irregularities, including fraud and non4ompliance with laws and regulations, was as follows.. the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills lo identify or recognise non-compliance wllh applicable laws and regulations.. we identified the laws and regulations applicable lo the charitable wmpany through discussions with Trustees and other management, and from our knowledge and experience of the not-for-profil sector., we focused on speciflc law5 and Tegulalions which we considered may have a direct material effect on the financial slalemenls or the operations of the charitable company. including the Companies A¢1 2006. the Charities SORP, laxalion legislation and da18 protection, anli-bribery. employment, environmental and health and safety legislation., we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence,. an identified laws and regulation5 were communicated within the audll team regularly and the team remained olert lo instance$ of non-compliance throughout the 8udlt. Wa assessed the suseeplibility of the charitable company's financial statements lo material misststemenl. including obtaining an understanding of how fraud might occur, by.. mèking enquiries of Trusteès and management as lo where they considered there wa8 susceptibility lo fraud. their knowledge of actual, suspected and alleged fraud.. considering thg internal controls in place to mi119ate risks ol fraud and non-¢ompliance with laws and regulalSons. To address the risk of froud through man8gemenl bias and override of contro18, we.. pèrformed analytical piocedures to identify any unu$ual or unexpected rèlalionship8'. te$lad journ81 entries lo identify unusual Iran8action5', assessed whether judgements and assumptions mad8 irs detemining the accounting eslim81es were indicative of potential bias., and investigated the Talionale behind significant or unusual Iian5actions. In response lo the ri8k of irrogularilies and non-compliance with laws and regulation5, we designed procedures which included, bul were not lirniled lo.. agreeing financial statement disclosures lo underlying supporting documentation., reading the minutes of meetings of the Board of Trustees., enquiring of management as lo actual and potential liligalion and claims", and reviewing correspondence with HMRC, relevant regulators and the charitable company's legal advisors. 19-
IAH CHARITY COMPANY LIMITED IA private company limited by guarantèe, with no 8hara capltsll INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES OF IAH CHARITY COMPANY LIMITED FOR THE YEAR ENDED 31 MARCH 2024 There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial Iransaclion5, the less likely il is that we would become aw8r8 of non-compliance. Auditing standards also limit the audit procedures required lo identify non-complianee with laws and regulations lo enquiry of the cjirectors and other management and the inspection of regulatory and legal correspondence. if any. Material mi$5talem8nts that arise due to fraud can be harder to detect than Ih05e that arise from error a8 they may involve deliberate conc8almenl or collusion. A further description of our responsibilities is available on the Financial Reporting Counell's website 81.. https'.Ilwww.frc.org.uklaudilorsrespon8ibililies. This description forms part of our audilorfs roport. Use of our report This report is made solely lo the charltable company's members, as a body, in accordonce with Chapter 3 of Part 16 ot the Companies Act 2006. Our audit work has been undertaken so that we might slate lo the charitabl8 company's members those matters we are required to slate to them in an auditor's report and for no other purpose. To thè lullesl exlenl permilled by law, we do not accept or assume responsibility lo anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report. or for the opinion8 we have formed. stephèn Meredith BA FCA DChA (Senlor Statutory Audltor} tor and on behalf of Alllotts LLP Charterod Accountants statutory Audltor Friary Court 13- 21 High Street Guildford Surrey GU13DL Date. Lt -20-
H CHARITY COMPAJ4Y LIMITED 5TATEMENf OF FIN>24CL ACTfviTIES YEAR ENDEO 31 MARCH 2024 Not•8 Unrestrlcted ¥tClo ExpBnd4b Expondablo ExpBndablo Expendoble YoarTo Year To Funds Fund• Endowmen¢ Endowrnont End¢Jwrrnnt Endowrnent )111ir24 31Mar23 QSF DSF STF TGF IPay0 211 Inllom• Ind 01)dowmrti from.. Dor1? ar IwlqB Im•simèrt& 120,12 31.B 198,420 131,D30 327.S49 1,274,506 183,825 146,709 Total thcttme 1Q1.024 320.360 491,374 1,423,216 Expendf(ur• on.. Rai&lng Funés E¥8ThJilLftr ramlry ODMlion¥logBcle8 IT51MerI m4rog•Th8rrt eosls 58,793 1,567 58.783 57.571 41,e68 21,273 7,812 7,130 3,729 Charllable aCtivill•s 274.488 302,B 7s,ooo e52,447 574,e84 Trtal •xp•ndttur• 3J4.B38 302.969 21.273 7.812 7.130 T8,7% 752,741 873,923 Op•ratlng r••yll 27.yll 178,72#1 1281,3871 749.292 G•1(4•1j on InveBtm•nl ali•ts'. Reald gainsllb5SeSI on InwlllmeNB Ur(eallJfj¢ gal189) on io 10 395 228.704 1Q,224 77,443 18S81 8S.21e 237 10,970 172,7031 13,447 445,923 1418,8681 40.613 N•t gEIMllki••••l on In¥o•tm8nt• 4M•t• 41.489 229.09g 7.e87 84.$54 13,684 488,293 1489,6491 N•t IrKom•ll•xp•ndrtur•l 1132.3251 27.391 207.828 79.a55 77,224 {ss,0451 104,928 2Sg,643 Tr8Mf8rn between ILn11 m¥•Thnt In lund• {132,3251 27,391 207,828 79,865 77,224 186.0481 194.926 269.843 R•¢onclllAtlon ol lundts.. Tolhl bwtrt lthvéard 41 l Awll 202$ 840.554 108.040 3.017.5C 1.178.334 1,000,000 7,234,341 e,974,698 Totalfundi ctrrrlld lonv4rd •1 JI M•r¢ 2024 14 708,229 133,431 3,225,332 1,171,762 1.255.558 934,gSS 7.429.287 7.234.341 slolernort of f4r001 acii¥lts irthAtB all r aThJ r¢wri5ett In year ml95 On P8ll88 2510 $2 lom part of I$11r18I 818iemws 21-
CFLARtTY COMPAAY LNITED COMPARATIVE STATEMENT OF FINANC ACTIVITIES YEAR EPIDED 31 MARCM 2023 Not Unwtrlet8d Re8trt¢ttd Exppndabk Expgnd•ble EXp0ndab ExpBndablo Year fo Fund¥ Fund8 endoTheni EndovKnonl End0ent EndomBnt 31Mar23 QSF OSF STF TGF Incom• and 0nd0•nI8 from,. DoMlknrts ard IrNoslnrrt8 145,1 29,330 129,4( 119,379 1,000,000 ' 1,274,506 148,709 Tdftl Incom• 174,436 248,779 1,000,000 1,423,215 expwdUr8 on.. Raislng Funds 57.571 1,713 57,571 41.e68 rThestnKTtrt mHryrmrrt 24,055 B.706 7,193 282.822 26S.862 5,000 574.684 Total oxpondltur• 342.IC6 2e8.802 29,055 6.705 7,195 873,9rJ Op•rntlny roium 1167,6TOI I38,3> 129.0SS1 18,7051 1,000,000 749,292 OJln¥llloB••ol on Inve•tm•nt a81.. Realisad 98lwlllo88eBI cr1rn8lrnent8 ihvealBed gal{10850$I on Mslmert8 io io 149,3411 1221,5801 14.8031 167,4481 172.7831 1416.8861 152,e551 N•t g•kn•lllouMI on In¥•otment• ••••t• 1270,9211 1102,5961 102.2511 1489.8491 N•t Incomell•xp•ndltur•l 1299,9781 169,44ei 1,000.CQO 259,843 Tforsler8 bèiween Iwxjs M•t movement In lundb 1221,5511 136,0831 1299,9761 189,4461 I,(X)).fp)) 269,642 econ¢lll•llon ol fondl.. Tot81 luts brOrt ILxward at 2022 1,2,105 144.123 3,317,482 1,203,208 1,247,780 6,974,eBa TD¢•l fundi urrW lowrd •t 31 March 2023 14 e40,654 1Cé,Q40 3,017.SC6 1,091,907 1,178.334 1,000,000 7,234,341 -22-
IAH CHARITY COMPANY LIMITED BALANCE SHEET 31 MARCH 2024 31 M4r 2024 31 Mar 2023 Notes Flxed Assets Taryible Asset lnve51ffrrtS 67 6,020.758 10 7,307,369 7,307,389 6,020,825 Current Assèts Debtors Cash al bank and in haTrl 11 15.928 135,810 1.OCe,316 228,303 151.738 1.234,61 Cr•dltor8'. Arnounts falllrKJ within year 12 129,660} 121,1031 Not Currènt fv44tt• Total Not A8get8 121,878 7.429,267 1,213,516 7,234,341 13 The funds of the charlty.. ExpeThSable Endowmert Fu1 Chartered Society of Queen Squ9 Miss Doreen Stanford FuThY Th8 Stain9s Tru$l Fw Ted Gostliw Fund 3.225,332 1,171,762 1,255,558 934,955 3,017.5C6 1,091.907 1,178,334 1,000,000 6,587,807 8,287,747 Re$trictod'. Specrfic grants ExpeTrJabl¢ EndOWrtY 100,412 33,019 88,10g 17,931 133,431 108,040 Unreslricle¢J'. Designated lund IFo(Trlers FuTrJl Designated lurKJ (FlNraiSer Fu) otr wreslricted 871,441 36,004 784 659.220 66,383 114,971 708,229 840,554 Total charlty fund• 14 7 429 267 T1$* ftngr¢181 slalernent5 have been prepared in accorda w pro$]nS applicable lo cornpaiies sth)Ject lo ltr small companies regime arKt in aCcordare with FRS102 SORP. Th8 fin8tKial state5 on pages 21 to 32 were approved by th& Board of Trustees on 16 Juty 2024 and were sigfftd on their behalf by.. Davkl Ast Trustee l Di or Ch•rity No: 1141758 Company No.. 7620400 23-
WI CHARITY COMPANY LifbllTED SUMMARY INCOME AND EXPENDITURE ACCOUNT 31 MARCH 2024 31 Mar 2024 31 Mar 2023 Total irmrne from continuiw opèratior Total gxpernliture on contiwiro operatior 491,374 1637,7971 423,215 1628,£fj81 Nèt In¢ornellexpendlturel for the ye¥r hfor• tran8fer8 and Invèstment galnslllo85981 1146,4231 1205,7531 Imstmont g8inBlllosBes1 Trar6l•rs from ayp&rKI8ble grnlowrnerrt 41,489 153,8811 Not Incomollexpfrndltur•l for tho yoar 104,934 259.634 LAH CHARITY COMPANY LIMITED CASH FLOW STATeMENT 31 MARCH 2024 31 Mar 2024 31 Mar 2023 Not•1 Ca$h nov•Y from opgratlng letltI•l CaBh1ob8ofb8d byl op8rgllons 18 574.020 1400,8851 N•t cA•h loutflowl trom oporatlng actlvStl•• 574.020 14(M),8851 Inv•8tlng artlvltl•• Paymanls lo aequlre fihed assets Paylrenls to ac4re InstmarrtS 11,871,961) 11,024,134) Rac•Spts on sJb$ of inwstrrerrts 1,051,123 1,Cfj7,727 lrtoresl recelved 33,789 18.919 DImdeI3 r8¢8iwcI 129 791 Ngt cash qenorated from Inv••tlng aCtltIeS 1657,0131 192,303 Not ¢a•h Inllgenorat•d from finAn¢lng o¢tfvl¢l08 Not Idocr•a8elllner•a8• In CiBh and rA$h •qufv&lont• 162,9931 1208.5821 CaBh ard cash U1ValrrtS 811 Apr 2023 279,279 487.881 Cash and caBh •qulval•nt8 at 31 Mar 2024 196,286 279,279 Mad• LP of.. Cash at ba 135,810 228,303 Cash wrth In¥estmert manager 80.476 50,976 279.279 24-
IAH CHARrrY COMPANY LIMrrED NOTES TO THE ACCOUNTS YEAR ENDED 31 MARCH 2024 1. Accounting Pollcle8 Company Infomiatlon IAH Charity Company Limlled is a prirdle company limited by guarantee with rL) share capital incorporated in EnglarKI and Waks. The cornpary is a registered charity. The ie9islered office is Congress Pbuse, 14 Lyon Road. Harrow. H41 2EN. 1.1 Accountlng ¢onventlon TIse finawial slaternents have been prepared wrth the charity's go%erniThJ document, thg Companies Act 20[ and "Ac¢ountirKJ Reporting by Charilie5.' Statement of RecommeThled Practice applicable to ¢harilie5 preparirvJ their accounts In 3ccordance with the Finala1 Reporting Sl8fKard applicablè in the UK and Republ1¢ of Ireland IFRS 1021" l8ffectl 1 Jaryjary 20191. Th6 charity is a Public Benefit Entity as d8fitwd by FRS 102. The flnaTKial slaternents are prep8red in sterlirg, whlch is the futKtiong1 curr8rKy of th9 company. Monetary amowts in these financk91 statements afe rouNled lo the ngaresl £. The final181 slalemen15 have been preparèd under the historical cost COnntIOn. Tr principal accowrting pol1&5 adopted are s91 out below. 1,2 Golng concern At th& lime ol approwTrJ Ihg fInarla1 slalements, the TleS have a reasonable e)pectalion that Ihe cornparty has adequate resources lo continue in operaliorol estnCe lor the foreseeablè lutlwe. Thths the Trustees continu8 10 adopt t going concern basts of accountlng In preparing the fl181 slalem&nts. 1.3 Tanglblo flx•d o•¥et3 and depre¢latlon T co61 of larrfJible fixed assets Is written off on a slraNJht.line basis over Ihelr estim81gd useful life as follows.. Office Equipment 25% The vglue betow which fixed asse16 are not caprtalised Is £5fJo.' 1.4 Flxed a85•t Inv•8twr*nts Flxed asset investments In quoted shar8s, Ir8ded bonds aTrJ slmll8r iMslm8nts are valued inrtially at cost and sub$8ouentty al fair value It1r market vall> at the year end. The same treatment is applied lo unlisted inveslments nsS lair value ¢anThJt be measured reliably in which case il 15 measured al c051 less irnpairment, Charoes In fair valLE aro recognised in nel irKOmellexpeIIlUreI for the year, TransacliorB costs are expensed as ircurred. 1.5 Cash and cash gqulv?l•nt8 Cash atYS cash equivalents ilUde cash in hand, deposits held at call with banks, other short-lemi liqukd IStMentS with original m8lurilies of throe month or less. and bank overdrafts. 1.6 Flnanclal In8truThnts A financial instrument is a contract that gws rise lo a finarla1 asset of one entity and a financial liability or equity irtstrument of another eniity. The company has elected lo apply promsions of SectSon 7 1 '8asic Fina181 Inslrurnents, and Section 12 '0th8r FInaal InstrumBnt$ Issutts, of FRS 102 to all of its financial Inslfurnerrt5. Finami31 inslrurnents are recognised in cornpany'8 slalemerrt of finarrial position wn company becomes party lo It contr8clual promsions of the in51rurnent. FiTrancial assets and liabilities are offset, with the rEt amomls presented in the finala1 statements, when lttere is legally errforceable right to set off Ihe recognised arnounts and there is an intention 10 Settle on a r1 basis or to realise the asset and settle Ilw liability sirnU3neOIIy. -25-
L4H CHARrrY COhFANY LIMrrED NOTES TO THE ACCOUNTS (continued) YEAR ENDED 31 MARCH 2024 1. Accounting Pollcte8 Icontinuod) 1.6 Flnancial In8trument8 Icontlnugdl Ba$1¢ Ilnanclol a¥sets Basic financial assets, whlch include trade and other receivables and cash bank balarrEs, are initially measured al Ir8rBaction price ir£1Lkliry transa¢tlon costs and are subsequently carrydd at amrtisgd ¢051 u5iryJ the effectivè Interest method unless the arrarg8rrenl constitutes a financing transaction, where the tr8nsactiOll 15 measured al 11 present valw of future leiptS discounted al a rnarket rate of interest. Fina[la1 assets classrfied 88 receivdble wiItNn 0 year are wjl amort15ed. 8aBlc flnancial liabllltle8 Basic finawial Ilabilllies. cr8dttor8 are initially recognlsed al transaction pr unless the arraThJem&nt constitutos a financiryJ transaction, where debt in8lrLmenl is me8sured al the present Wdlu8 of the future receipts discoLrted at a market rale of interest. Finala1 liabilities classified as payable within year arè rol amortised. D8bl Inslrurnents are SL)sequgntly carried at arnortised cost, usiro the 8ffeGtwe interest rale rnelhod. Trgde Credrtors 8rtr OblallonS to pay for goods or seTric8$ t41 have been acq(ired In ordinary course of OP8ralions from SUpplr8. Arnounls payabk are classified as current liabili11è5 if payment Is due willin one year or less, 11 TrJl, they are presented as non-current liabilities. Trade creditors are re¢ogni5ed initially at transaction pr gnd subsequèntly measured al amortlsed cost Usiry the effect1 Irrtere5t metItt. D•r8cognltlon ol flnanclal Ilab115tl•s Financial assets are derecognised orAy when the Contract41 rights lo the cash Ilows from the asset expire or are sellled. or when t company transfèrs the linarrial asset substantially all the risks and rewards of OWrShip lo awlIr entity, or if some slgNflcant fisks and rewards ol ownership are retained but control ol Ihg assel ha8 transferred lo hntrlPr party that is able lo sell t asset in Ils entiiely lo an unr8latgd Ihlrd party. 1.7 Incomlng re$our¢•$ All IomIng resources are included In th& slalement of flnartial resourc85 wtrn Ite ch3rity is errtrtd to the iome and the amount can be quanlilied with reasonable accuracy. followiTrJ specific poli88 are applied to particular categories ol income,, VolLnlary in¢ome is received by way ol doMlion5. gift6 and legades arKJ is Inc19d in f1 In the Slalement of FInala1 ActilieS when receivable. IStment income is itKlwled when receivable. Donations reCe£d for the gera1 purpose5 of th8 charrty are Included as unrgs1r9d furKJ8. Donations receid with specific instructions 8re the reslricled lunds. L9¢196 aro Irealed as unraslricted irKome unless t lerrD8 L>f the will instrt OtrWiSe. 1.8 Rtrsources expended Exp6nd1lLe is recognised on an accrual basis as a IKabIlY is Iwred and h3$ begn cl88sthed er adIrS that aggregate a11 costs ielaled lo the category.. Costs ol generating fund5 are those costs incurred in attracting voluntary irKom8. Charitable actMli6s include grarrt expeThlllure, support Cosls depreciation on related assets. The support Costs cornprise cnsts of piocessiTrJ grants and applications, management 8rKI adrninislratKJn wh'ch comprises t operalional time of runrNry the charity itself Staff costs are allocated between fuThJraisiThJ, Charitable actltS and governare on basis of the lime spent on each actmly. Gorrk9nce cost5 prle those IUrred in the govèrnarKe of the charity and rts assets aTrJ are primarily assoc13ted with constitutional aNI statutory reqLMremont8, 1.9 Grants payable Grants payable are Ied in the period when any r8lewant conditions are mel by the recEiv¥ro enbly. Grants offered subject to conditions which have mt been mel al the year are rK)led as a commrtment bth not accrued as èxpenditure. ReSoUrS are ld in 5wh a form so as lo enable each fund lo be applied in accordarKe with any restrictions imposed. -26-
IAH cHARy COMPANY LiwfED NOTES TO THE ACCOUNTS Icontinued} YEAR ENDED 31 MARCH 2024 1. Accountlng Politi•s (continued) 1.10 Fund occountlng Details of the purpo$9 of each fuTrJ are as follows.. Tha Exp•ndabl• End0ent Fund was created durlrvJ the year ended 31 March 20C17 from assets trartsferred lo 1rkYependee at Home by Chartered Society ol Queèn Squ8re. and duriw perlod ended 31 March 2012 from assbls transferred ty the Miss Doreen Stanford TrLL8t. ItKom6 from the former may only be usod lo make grants to applicants with Urological problemg aml to help defray overheads of ItE charity. IoMe Irorn I latter rnay be LL8ed to m8k& grBllts lo applicants lor speoflc iltstns of equipment to 1p defr8y overheads of charrty. An additiornl endowtront of 85se15 W88 transferred from Slaines Trust in May 2016, income from which may b& used lo make grants, support tl forrner bereliciaries of t Slaines Trust arx# to h8lp defray ttr overheads of the charity. Thtr Ted G0511iry Fwd, est8b1i8trd in 2023 uTrJer a Deed of Grft, is to be usèd In approximately len equal tranches in ordèr to award grants over a teyear period lo applicarts who meet gerra1 rfterla of 1rKlepeiK8ere al Fbme. Th• Found•r8 Fund was establisd In 1991 and designated by ltte IfU8le88 to prowde income laThY capital If required) lo defray th& anr¥Jal runnlrvJ costs of the CharY. The Fundral8•r Fund was establis in 2016 from fumls donated from the Stalne8 Trust designalgd lo defray It CO818 of the charity's fuTrJralser, Other unrestricted fund8 comprl8e Ilx)se which t Trlee8 are flee to In 8ccordarte with obj8cl$ of the charity. RJtrlcted fund8 are funds which have been given for pgrticul8r purposes set OLrt by th8 donor$. Details ol fl1$ whpch have bean active during the year are given In Note 15, 1.11 Employ00 b•neflt8 cost of any LJnL6d hjliday errtitlernert is reCoged In the period in wNch omployee's services are r•¢efved. Termlnatlon bernfils are recognisgd immediately as an fjxpense when tte company Is demotrabty committed lo terminate the employmerrt of an employeg or lo provide lerrrination b8n8ftts. 1.12 Taxatlon No prowsbn lor laxalK)n arises on the Irm0 of the ctsrnpany due to its charrtable slalus. 2. Crltlcal accountlnA e8tknate8 and ludoements In the application of Char18 a¢courrtiThJ poliaes, Trllees are requlred to make jthgements, estim9te$ a1 assumptions aboLrt the carryirKJ amount of a55els and liabilrties that are rL)I readily apparent from other sources. Tt estimates aThJ 8ssoci3ted assumptions are based on historical experierte 8fKI other factors that are considered lo bè relevant. Actual resutts may differ Irorn these eslim8le8. The eslimales and u•Jerlyiro assumptions are reviewed on an oNJoing basi3. RewSrO to accountiro estimates ar recognised In tl* period in which estimate is revised where revislon affects otly that period, or in period of the rewsion futurg ptrriod8 where the re$lon Bflects both current aThJ futuré perKJcls. Critical judgements There arè Th> ¢iitical jLKlgernents that are not readily apparert from other exterrol Sources. Key source5 of estlmatlon uncertainty Th6re aro a85et8 or liabilites that Iwvè reqiired a material acrA)untir¥J estimate to be madè by t1 Truslees. -27-
LAH CHARrrY COMPANY LIMITED NOTES TO THE ACCOUNTS l¢ontlnuedl Year ¢nd¥d 31 MarGh 2024 Oonation and leoact05 Incom8 Unrestrlctsd De8lgrtated FundB Fund• R••trlGtod Funds Expondablo Endownent$ 31 Mar 2024 31 Mar 2023 Dgnallon$ and 9#c$ 129 129 129 129 198.420 198420 327 549 327 549 1274 506 12745C 2023 exceptvJr¢l y¢8r (lue to D00d ol Grft from The Ted Go$tllro F0uNJ8t, See te 1.10 InvoBtrnnt Iorn• 31 M•r 2024 31 Mar 2023 Ir¢0 from equit¥ frorn fiKfjd rrterest securtt 1rt8re$t from b&nk$ 130,058 28,107 129,791 18,550 368 148 709 163825 AllatIon ol •upport. •dmlnlbtrntlon and govarnan ¢o•t• ¢h•rfty albc8twJ rts 8POrt CQ818 In the tobkn bvhJw. Support co¥t$ 4110¢oled on a baBfd cortslslenl wlh the u8• af resour5. Charltablo Cogt Typ Fundrahlng Grant maklng & Govornance support BA8 of 2023 •lloc8tl¢n 2024 Staff costs, Incl. 8nnu81 Ilibllfty FuTrJrak8iro Exponsei Audit Rerrt. storage and offlce m¥lrtonort Depre¢tIon otr SUFPOrt cos19 42,102 84.401 3,168 129,671 980 11,100 16,129 131,916 3,441 10,080 16,889 136 14,988 Stoff actlyrty Actual Actual Aciul Actu81 ActuAI 11,100 3,228 12,903 12,47S 17,742 596 30,813 68 783 188 $93 177450 Yg8r •ThJed 31 Morch 2023 106 120 177480 An•ty•i• of yr•nts Myabk• 2024 2023 Gr•nts lo IndiduAl$ Number Amount ) grart$ were de to Irotilutknns. Grant5 condtt)nalty prordsed to 8ppltart$ bLrt Unp4 at the eTrJ of ye8r'. Number 1,230 454 805 $22 537 150 135 Salary costs and rgtlr•nnt b•nofit schorne ZO24 2023 So1or$ Employer's national [rur&ne co$t$ Employers payments in respe of d8fiwd contrfoLtlon peMkJn ¥¢ho 122,283 5,599 117,163 5.399 131457 125995 lolal anUt of £87,581 12023". £85.3471 w85 pak# to tts key manqgement person4 for Ilelr serviE8 lo th8 company. Tt ¢harity operate5 a defIa contribtrtion pen51on Sckfin for am qualrfylry employees. The assets ol sthrrE are h6 separately frorn those of tte charrty in an ir¥Jependenlly adMIntered fu. All eypen5es are alhJcaled lo Mfftstricted charitable actKvrt$ %vithin tIE SOFA. The arage number of weekly ernpbyees, lextlLKJiry Trtee51DrectorSl. was.. erT¥)loyee eartEd nKre than £eO.QOO duriw year. 28-
L4H CHARITY COMPIAY LIMrrED NOTES TO THE ACCOUNTS Itoniinu•dl Year ended 31 March 2024 Tru$tg8B' remsjngratlon •nd rolated party tran8actlon• Tts Tru5teEs rec•wd m reMUratIOn or rethburswrnnt f)r eN4)enses in t p8rkd. * Trtee or Otr pvrson related to thB CQry8ny had arry personal irterest in any cortrod or Irorsa¢tkJn entered into by th8 charity durlrg th8 y8ar12023.. £AII. TangilM• flx•d 188•t• 2024 2023 Offlce oqulpmenl Cost at 1 April 2023 AddNior Reased tsn dlspesa Co$t at 31 Mor¢h 2024 13,530 13.530 Accumul1 depr¢¢l¥tlon al 1 April 2023 ChBrge for year Rebased on di$posal$ Balance al 31 March 2024 13.463 67 13.192 271 I book at 31 Mareh 2024 67 I book VBIuo 8t 31 Mah 2023 67 338 10. InvMtm•nt• 2024 2023 Morkel al 1 Aprll 2023 Additlons Di$po$&ls Iproc4ed$ E1.051.123 prafit £10,9701 Nèl UT¥&ased lrynslmnt Ilosse5llgains M8rk61 valw al 31 M8f¢h 2024 5.969.782 6.503,024 1.871.961 1.024.134 11,040.1531 11.140.5101 445 323 416866 7,248.913 5.969.782 InStrrt depD$rt arxount• 7 307 389 fj 020 758 Th• in¥eitThrrts at fail v8lw COrrI.. 2024 2023 Équ11& Fe Intere51 Inv68tnvènts Cajh hgk1 wtthln the inw$lment pJrtfolk> .146,350 1,1CIJ,563 5,251,644 718,138 7 307 389 6 020 758 Imstnxrts hdirJ8 In vorlou& Co1¢t hsIrrnt 8ctome8.' 18lr value of t$ Y& stated after arry umlertyirg fund ¢haroes, 11. D8btorB 2024 2023 Other debtors PrepaYrft$ and 8ccrued iKor 3.352 3,221 1003 095 1006 316 12. CT•ditors 2024 2023 Accruals 29-
IAH cHARy COMPANY LIMITED NOTES YO THE ACCOUNTS l¢ontlnu¢dl Year ¢nde¢l 31 Mar¢h 2024 13. Anatysb of rwt 0$9ot• b•irt funds DeBlgnated Fund8 Other Unrestr6cttrd Funds R•$trf¢tod Fund5 Exp8ndabl8 Total fund¥ Endowment Funds 8alarc48 al 31 Maf¢h 2024 are represented by.. Tawole Flxed Assets In¥eslrn8rts Net Current A&&el$ 743,822 36.377 7Q7 445 8,563.567 7,307,389 121878 7 429 267 133431 133431 784 e 587 807 14. Movornant In funds Balance 01-Apr-23 Incomlng AoUr£•I Qutgolng R•$our¢ Ti4nsforn G8ln81 I1$8$} B¥lanGe 31-Mar-24 ReBtrlct•d fund8: To Specific iypes ol befrry To $pecifiG types of 0AperdRur To 8peciflc geographal 8re8S InC0ft from Exptrndab Erwjowrnrrts Total r85trKted funds Unrutrl¢t#d lunil¥'. D•snated Founor5 Fund DeBnated FuThlraL8er Furnl Other fund$ Total unr88trlcted Fund$ 48.749 19,778 21.582 30,000 71,000 97,420 131 930 330 350 137,6781 189,0371 159,4021 116842 302 959 39,071 1,741 59,800 1Cé040 133431 659,220 e6,363 114971 840 554 27,382 1,796 131846 161 024 128.0591 133.3641 273418 127.3821 40.280 1,Z09 871.441 36.004 708 229 Expondablo Endownont Fund Chèrtered soCtY ol Qwn Squaio Doreen Sl8nford FuTrJ Tho StaSw8 Trt FLTrJ TK• Ted G¢$iiing FUNJ 3.017.506 1.091.907 1.178.334 i ooo ooo 6 287 747 121,2731 17,8121 17,1301 78 729 114944 229,099 87,667 e4,354 3,225,332 1,171,762 1,255.558 934 955 0 587 607 Total lunds 7 234 341 491 374 752 741 456 293 7 429 287 Prlor y•ar nthi•m•nt In fund¥ Balanc• 01.Apr.22 InGornlng Re8ourceB Outgolng R080urces Tran•fer• Galn*l Ilos¥eBI 8alanc8 31.Mar.23 R••trlct•d lund•.' To Specif type$ of bemfiThary To specrfk types of expeNJtture To $pe¢ifi¢ geographical area5 Irorne from Expendab EoWnrtS Total re$lricled funds Unr¢strlctod funds.. De$vJnaled Fouer$ FurKJ De5KJn#ied FL¥vJraiser FuTrJ Olh8r funds Tot81 Lnrestricted Funds 85,310 5,533 48,687 17,000 71,000 41,400 119379 248 779 155.5611 156.7551 168.5051 106041 46,749 19,778 21,$82 144,123 726.436 108.827 226 e42 1062 105 28.014 119.5451 136.2621 286 299 128,9141 147,8711 16.2101 659.220 66.363 114971 146414 174436 E¥pendablg End¢)YMgnt Fund Chartered SOclY of Queen SqLEre The Miss Doreen Stanford Fu staiiE$ Trtl Fu ThB Ted Goslling Fur 3.317.482 1.203,208 1,247,780 129,0551 18,7051 17,1951 1270,9211 1102,5961 162,2511 3,017,$06 1,091,907 1,178,334 10WOOO 6 287 747 1000 000 1 000 000 5 788 470 44 955 435 788 Total fund% 6 974 698 1423215 673 923 489 649 7 234 341 30-
IAH CHARITY COMPANY UMITED NOTES TO THE ACCOUNTS Iconlinuedl Year ended 31 March 2024 15. purp01 of r•strl¢tod funds Restricted Hargreaves FouTrJation Sports equipment atyj leelrnlogy for yoiro peopl The Jom Harrison ChoritAbb Tr1 For peopl& wllh muttiple sderosis My 9M9'S Doddie FourKlation For peopb wf(h motor rur0 disease ArnnyrnouB DorL)r A To be ed for elderly pgoplo lovor 601 in ETrJland, algo for ntral tsatiry and boiler repairs 8 & Q FOuallOn For h)me adaplalions or repalrs IUK WKlo1 The Beatrth LoirrfJ Trltst For mobiltty aTrJ disablltty equipment Caslarx8 TrLtsI For mobillly equipment at)J disabillty 8KI8 The Headley Tru81 For rrrfjbilily aids, 088i8live equpmBnt and adapt8tkJn8 The Mrs Srnllh & Mount Trust For hjule1d Ilerns for disadvarrtaged p80ple ArL)rymotkq Donor B For specigl $9pMerrt, adaptations & èssenlk91 aids lor dally I1rva ThB Alice Ellen Cooper Degn Charitable For peopl& lknrKJ In the Dorset area FouThJ81ion The Lord Austin Trust For people liwtvJ Sn BirmirvJh#m ama only The 8eflkgm Charitable Settment To be spert on gid8 lor h)me lor peopk8 aggd 65 over in rth8nts The Drapers, Charitabb FuThJ For older people In Greater London The Enkabn FoLThJaliin To sperrt In Northern IreLgrKt FloretKo Twner Tr1 To be spent In Leiceslershlre Mis$ Amie J l Gower's Charitable Trust To be sperrt in Scotlaryl The Waller GuinrEss Charitable TrLBt To be 5perrt in Wll$hire The Pkjdge FojatTr To be spert in WBI08 on h)me adaptati0Th8 Bnd speablisl rnobility equipment Thelsabel Blackrnan FouThl81ion To be spenl In Hasliros aTrd St LeonardS4)Se8 TtrE Sir John Prièstm8n Ch8rty Tnnl To be spent iri SunderlaTrJ & Coiity DLrham JTH Charitablè Trwql To be spent in scotlatGIsSgoW The Sir James Knott TrLBI To be Spent in certain ar&as of It* North East of EThJIal Lawson TrLLSt To bè $pent in Kent aTrJ Sussex The Clare mil Trust To be Srt in Devon Cornwall 31
IAH CHARITY COMPANY LIMED NOTES TO THE ACCOUNTS Icontlnuedl Yoar ended 31 March 2024 15. Purpos•$ of r••tricted funds Icontinuedl Natiorwide FoLmdalion To b8 spent in WAle8 on house repairs holtso adaplalio Row Fogo Ch9rable Trust To be spent in Edlrt)urgh aTrJ tl Lotlians RS Macdonald Ctwritable TrLtsI To be spenl in ScOtt on urO91Cal cOTrJrtns Slr John F181Kr Found8tion To be spent In FurEss are8 of Cumbriq Webb Famity Charil8bl$ Tru81 To b6 sp8nt In South West ErolaThJ Queen Square FUTr IndividlS with urOr091Cal illwss and dIsalitY Ovarfads of t1 charity Doreen Stanford FLTh For sp8cific It&rn$ of equipment., overheads of th9 ctrrrty sta18 Tr1 FUTr lrnliwiduals lo include former beneficiaries ol the Stol$ Trust overAd9 ol the charity The Ted Goslling FUTr Indi¥idLwils with g phy$ic81 or learrtiro disabiltty or long-lerm Illne86 in the UK 16. Commltmont• and contlng•nt Il>billtle• Ttr charity had TrJ rnalerial caprtal commllm¥nt8 or ¢ontlryent liabilities al 31 March 2024 wtrNch hwe rKt b88n provided for in these accourrts, 81 Al the year end date thrflablg ¢omparty had OLABtandirg commitments for future minimum 0$8 p8yrnerrts under t))tFcarvllabb op&r8tiro leases, a6 follows.. 2024 Land and Bulldlngs 2023 Land and BuSldlng8 17. Contral ¢3rit8ble company is controllgd by the Board of Trustees. 18. Cash Generated from 0ratIOn¥ 2024 2023 Surpluslldefutl for the year Adjustment$ for,. Inv&slrrEntS' ITKorne Depreciation of property, plant and eqprnent Other gairo losses Movements in w0ng c8pll81.. Dècre8581Iireasel in trade and otPEr rec¢w8ble8 IDecrea5elliwrease in trade 8rKI other payables Cash (absorbed by) operatlon5 194,926 259,643 1163,8251 67 (456,293) 1148,7091 271 489,649 99),388 8,757 1999.2991 12,4401 574,020 400,885 32-