## **Trustees' Annual Report for the period** Period start date Period end date Day Month Year Day Month Year **From** 1 02 2017 **To** 31 01 2018 ## Section A Reference and administration details **Charity name Other names charity is known by** BOC UK **Registered charity number (if any)** 1141987 **Charity's principal address** 14 Radlow Crescent Beads of Courage UK Marston Green Birmingham **Postcode B37 7LZ** ## **Names of the charity trustees who manage the charity** |1
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||Kenneth West|Trustee||| ||Sarah Drummond|Trustee||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## **Names of the trustees for the charity, if any, (for example, any custodian trustees)** **Name Dates acted if not for whole year** **TAR** March **2012** 1 ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of adviser**
**Name**
**Address**||| |**Accountant**|Andy Brown|Sephton & Company LLP
Marston House
5 Elmdon Lane
Marston Green
Birmingham B37 7DL| |||| |||| |||| ## **Name of chief executive or names of senior staff members (Optional information)** ## **Section B Structure, governance and management** ## **Description of the charity’s trusts** Trust Deed Type of governing document (eg. trust deed, constitution) Trust How the charity is constituted (eg. trust, association, company) Appointed By Trustee selection methods - (eg. trust, association, company) (eg. appointed by, elected by) ## **Additional governance issues (Optional information)** You **may choose** to include Appointment of Trustees additional information, where relevant, about: All new charity trustees are to be appointed by resolution of the charity • policies and procedures trustees. adopted for the induction and Sarah Drummond (Trustee) also acts as Child Protection Officer and training of trustees; Beads of Courage UK has a written Child Protection governing document. • the charity’s organisational structure and any wider Ken West (Trustee) leads on Awareness Strategy. network with which the charity works; John Drummond acts as Chairman of the Charity but is not a Trustee. • relationship with any related Diane Watt acts as Treasurer and Administrator of the Charity but is not a parties; Trustee. • trustees’ consideration of major risks and the system Volunteers Graham Bebe, Joanne Chadwick, Annabel Chadwick and and procedures to manage Angela Mulholland them. Beads of Courage UK continues to work closely with The Maria Watt Foundation, the charity that supported the establishment of Beads of Courage UK. The Charity has entered into partnerships with CM Events and Recycling and Management Limited. There are formal agreements in place to govern these partnerships. **TAR** March **2012** 2 The charity has engaged the services of Sephton & Company LLP, Chartered Certified Accountants to complete an annual independence review of the Charity’s finances. All risks associated with the charity are carefully assessed by the Charity’s team. No partnerships are entered into without careful vetting. Any issues that arise within the charity are dealt with on a case by case basis. ## **Section C Objectives and activities** The Trust was established by a Trust Deed dated 3rd October 2010 to raise awareness of all cancers that affect children, to provide information regarding the signs and symptoms of childhood cancer to parents, teenagers and young adults, to support such other charitable purposes or organisations connected with childhood cancer as the trustees may from time to time determine. The objects were amended and the charity **Summary of the objects of the** changed its name to Beads of Courage UK. **charity set out in its governing document** UNDER LICENCE FROM BEADS OF COURAGE INC., BEADS OF COURAGE UK OFFERS EMOTIONAL SUPPORT TO CHILDREN WITH CHRONIC AND SERIOUS ILLNESS BY PROVIDING BEADS OF COURAGE PROGRAMMES TO ONCOLOGY/HAEMATOLOGY, BURNS, CARDIAC, NICU, AND CHRONIC CONDITIONS UNITS THROUGHOUT THE UNITED KINGDOM AND IRELAND. BEADS OF COURAGE RESTORES A CHILD'S SENSE OF SELF WHEN COPING WITH A SERIOUS ILLNESS **TAR** March **2012** 3 Whilst the Charity continues to promote the signs and symptoms of childhood cancer, the Beads of Courage programme has allowed the charity to also promote the signs and symptoms of other chronic and serious childhood illnesses. The charity continues to promote awareness of many childhood illnesses through its Social Media pages. The charity continues to engage with parents and young people via its website, Facebook and Twitter applications. Here the charity is able to share its ongoing work. Many families also submit their own family stories with the aim of raising further awareness and profile. We are extremely thankful to the many families who support this initiative as we appreciate it is not easy reliving and sharing their experiences. **Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)** The Covid-19 pandemic led the charity to take the decision to stop delivery of Beads of Courage materials to UK hospitals to support UK and World-wide efforts to curb the spread of the virus. The charity also took the decision not to implement new programmes or continue site visits to hospitals. However we continued to support our children, teenagers and young adults through our media channels and offering programme beads to families through post. Beads of Courage UK continued its partnership with Children with Cancer UK who sponsor the oncology and haematology programmes. With no fundraising opportunities and our commercial partnerships not able to continue, we are extremely grateful for the continued support of Children with Cancer UK without whom, the charity potentially would not have been able to continue providing the level of support. Our partnership with Children with Cancer UK will allow us to provide more programmes to hospitals who treat children with chronic and serious conditions. We will resume this activity as soon as practically possible. Our aim is to provide every child in the UK with this programme. This is an ambitious target but the Trustees hope the partnership with CWC will be a blue-print towards working with other charities to make this a reality. ## **Additional details of objectives and activities (Optional information)** **TAR** March **2012** 4 Beads of Courage UK doesn’t provide grants. You **may choose** to include further statements, where relevant, about: Beads of Courage UK has some amazing volunteers who give their time freely to supporting the aims of the charity along with some fantastic fundraisers. We are also extremely grateful to those who take it upon themselves to undertake challenges to raise funds to support the work of Beads of Courage UK and also to the various companies who nominate Beads of Courage UK as recipient of funds that their company’s have raised during the year. - policy on grantmaking; - policy programme related investment; - contribution made by volunteers. ## Section D Achievements and performance **TAR** March **2012** 5 ## Section D Achievements and erformance p **Summary of the main achievements of the charity during the year** Beads of Courage UK’s main achievement has been maintaining its support for the Beads of Courage programme at a time when donations have reduced significantly, the US exchange rate has remained low and the world has had to deal with a pandemic. Beads of Courage UK receives amazing support from Children with Cancer UK and its volunteers. We have an army of Bead Makers who make our special one of a kind Act of Courage beads and another army of Bead Bag Makers who source material and make and donate bags for our children to keep their special beads. Each bead is hard earned so having somewhere special to keep them is an essential part of the support process offered by Beads of Courage UK. **TAR** March **2012** 6 ## **Section E Financial review** **Brief statement of the** Beads of Courage UK continually monitors its financial position. Brexit **charity’s policy on reserves** and Covid-19 has impacted on the charity's resources due to exchange rate movement of some 25% and no fundraising over the past 12 months. Fortunately, we have the support of Children with Cancer UK who have continued to provide us with the much needed support to continue providing this incredible programme to all children going through cancer treatment. The reduction in donations and Covid-19 pandemic necessitated a change in our focus and we have therefore slowed the introduction of cardiac, chronic and nicu. The charity endeavours to ensure there is sufficient supply to meet the needs of all beads of courage members. We are confident that there are sufficient resources available to fund the Beads of Courage programme for the next 12 months. Donations are down so the charity will need to be mindful of this and **Details of any funds materially** manage its finances and bead supply purchases carefully over the **in deficit** coming 12 months. ## **Further financial review details (Optional information)** You **may choose** to include additional information, where relevant about: - Beads of Courage UK continually monitors its financial position. The - additional information, where charity partnership with Children with Cancer UK has relieved the - relevant about: financial pressure of reduction in donations. We are confident that there - • the charity’s principal are sufficient resources available to fund the Beads of Courage sources of funds (including programme for the next 12 months. any fundraising); |•
how expenditure has
supported the key objectives
of the charity;
•
investment policy and
objectives including any
ethical investment policy
adopted.|The charity continues to work well with its Commercial Participators - CM
Events arrange awareness stands around the UK, primarily in shopping
centres and retail outlets. By having the stands and developing our
ongoing partnership with CM Events, we not only receive vital funds to
support our awareness and support initiatives but also raise awareness
of the charity and its aims and missions. Unfortunately, due to the Covid-
19 pandemic all awareness stands have been cancelled.
Our clothing partner, Recyclling and Management Limited dutifully
delivered clothes bags to homes around the UK and dealt with the
collection, delivery and ongoing sale of these items. They are fully
licensed to carry out operations and apply to local councils for permits to
collect. However, at the start of the Covid 19 pandemic, the Charity
decided that as clothing collections entails individuals delivering bags
through household letterboxes that this practice should cease
immediately. We therefore gave notice to Recycling and Management
Limited to end our partnership. We would take this opportunity to thank
Recycling and Management Limited for their support over the past
number of years. Their collections allowed us to continue providing
support to children.| |---|---| By entering into partnerships, Beads of Courage UK does not have to deal with the administration associated with their operation and can therefore concentrate their time and effort into continuing to provide its services. The Charity now has an agreement with S&G Management to deliver the programme and training on its behalf. The charity employs accountancy firm, Sephton and Company LLP to prepare financial information. **TAR** March **2012** 7 **Section F Other optional information** ## **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)** Diane Watt **Position (eg Secretary, Chair,** Treasurer/Administrator **etc) Date** 31st October 2021 **TAR** March **2012** 8 BEADS OF COURAGE UK ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 JANUARY 2021 CHARITY NO 11419871 SC044198 BEADS OF COURAGE UK CHARITY NO: 1141987 1 SC044198 CONTENTS Trustees Annual Report Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Accounts 10-11 BEADS OF COURAGE UK CHARITY NO: 1141987 1 SC044198 Trustees, Annual Re ort For the Year Ended 31 Janua 2021 The trustees have pleasure in presenting their report together with the financial statements and the independent examiner's report for the year ended 31 January 2021. Reference and Admlnlstratlon detalls Beads of Courage UK (Formerly Be Child Cancer Aware} is a registered charity, No. 1141987 1 SC044198. The address is 14 Radlow Crescent, Marston Green, Birmingham, B37 7LZ. The present Trustees are: Kenneth West Sarah Drummond Chalrman John Drummond Treasurer and Administrator Diane Watt Volunteer Graham Bebe, Joanne Chadwick, Annabel Chadwick, Angela Mulholland structure Governance & Management Beads of Courage UK continues to work closely with The Maria Watt Foundation, the charity that supported the establishment of Beads of Courage UK. The Charity has entered into partnerships with CM Events and Recycling and Management Limited. There are formal agreements in place to govern these partnerships. The charity has engaged the services of Sephton & Company LLP, Chartered Certified Accountants to wmplete an annual independence review of the Charity's finances. All risks associated with the charity are carefully assessed by the Charity's team. No partnerships are entered into without carefvl vetting. Any issues that arise within the charity are dealt with on a case by case basis. BEADS OF COURAGE UK ARITY NO: 1141987 1 C044198 Trustees, Annual Re ort For the Year Ended 31 anua 2021 Appointment of Trustees All new charity trustees are to be appointed by resolution of the charity trustees. Objectlves and Actlvitles The Trust was established by a Trust Deed dated 3rd October 2010 to raise awareness of all Cancers that affect children, to provide infomiation regarding the signs and symptoms of Childhood cancer to parents, teenagers and young adults, to support such other charitable purposes or organisations connected with childhood cancer as the trustees may from time to time determine. The objects wefe amended and the charity changed its name to Beads of Courage UK. UNDER LICENCE FROM BEADS OF COURAGE INC., BEADS OF COURAGE UK OFFERS EMOTIONAL SUPPORT TO CHILDREN WITH CHRONIC AND SERIOUS ILLNESS BY PROVIDING BEADS OF COURAGE PROGRAMMES TO ONCOLOGYIHAEMATOLOGY, BURNS, CARDIAC, NICU, AND CHRONIC CONDITIONS UNITS THROUGHOUT THE UNITED KINGDOM AND IRELAND. BEADS OF COURAGE RESTORES A CHILD'S SENSE OF SELF WHEN COPING WITH A SERIOUS ILLNESS Achlevements and Performan¢? Whilst the Charity continues to promote the signs and symptoms of childhood cancer, the Beads of Courage programme has allowed the charity to also promote the signs and symptoms of other chronic and serious childhood illnesses. The Gharity Gontinues to promote awareness of many childhood illnesses through its Social Media pages. The charity continues to engage with parents and young people via its website, Facebook and Twitter applications. Here the charity is able to share its ongoing work. Many families also submit their own family stories with the aim of raising further awareness and profile. We are extremely thankful to the many families who support this initiative as we appreciate it is not easy reliving and sharing their expertences. The Covid-19 pandemic led the charity to take the decision to stop delivery of Beads of Courage materials to UK hospitals to support UK and World-wide efft)rts to curb the spread of the virus. The charity also took the decision not to implement new programmes or continue site visits to hospitals. However we continued to support our children, teenagers and young adults through our media channels and offering programme beads to families through post. Beads of Courage UK conts'nued its partnership with Children with Can￿r UK who sponsor the oncology and haematology programmes. With no fundraising opportunities and our commercial partnerships not able to continue, we are extremely grateful for the continued support of Children with Cancer UK without whom, the Charity potentially would not have been able to continue providing the level of support BEADS OF COURAGE UK CHARITY NO: 1141987 1 SC044198 Trustees, Annual Re ort For the Year Ended 31 Janua 2021 Our partnership with Children with Cancer UK will allow us to provide more programmes to hospitals who treat children with chronic and serious conditions. We will resume this activity as soon as practically possible. Our aim is to provide every child in the UK with this programme. This is an ambitious target but the Trustees hope the partnership with CWC will be a blue-print towards working with other charities to make this a reality. Beads of Courage UK'S main achievement has been maintaining its support for the Beads of Courage programme at a time when donations have reduced significantly, the US exchange rate has remained low and the world has had to deal with a pandemic. Beads of Courage UK receives amazing support from Children with Can￿r UK and its volunteers. We have an army of Bead Makers who make our special one of a kind Act of Courage beads and another army of Bead Bag Makers who source material and make and donate bags for our children to keep their special beads. Each bead is hard earned so having somewhere special to keep them is an essential part of the support process offered by Beads of Courage UK. Financial Revi#w Beads of Courage UK continually monitors its financial position. The charity partnership with Children with Cancer UK has relieved the financial pressure of reduction in donations. We are Confident that there are sufficient resources available to fund the Beads of Courage programme for the next 12 months. The charity continues to work well with its Commercial Participators - CM Events arrange awareness stands around the UK, primarily in shopping ￿ntre8 and retail outlets. By having the stands and developing our ongoing partnership with CM Events, we not only receive vital fvnds to support our awareness and support initiatives but also raise awareness ofthe charity and its aims and missions. Unfortunately, due to the Covid-19 pandemiG all awareness Stands have been Can￿lled. Our clothing partner. Recyclling and Management Limited dutifully delivered clothes bags to homes around the UK and dealt with the collection, delivery and ongoing sale of these items. They are fully licensed to carry out operations and apply to local councils for permits to collect. However, at the start of the Covid 19 pandemic. the Charity decided that as clothing collections entails individuals delivering bags through household letterboxes that this practice should cease immediately. We therefore gave notice to Recycling and Management Limited to end our partnership. We would take this opportunity to thank Recycling and Management Limited for their support over the past number of years. Their collections allowed us to continue providing support to children. By entering into partnerships, Beads of Courage UK (Fomierly Be Child Cancer Aware) does not have to deal with the administration associated with their operation and can therefore concentrate their time and effort into continuing to provide its Se￿ices. BEADS OF COURAGE UK CHARITY NO: 1141987 1 C04419 Trustees, Annual Re ort For the Year Ended 31 Janua 2021 The Charity now has an agreement with S&G Management to deliver the programme and trairbing on its behalf. The charity employs a¢¢ountancy fjmi, Sephton and Company LLP to prepare financial inforfflation. The unrestricted funds of the Charity amounted to £375,726 as at 31 January 2021. Approved by the Twstees on . And sign8d on their behalf by.. {Trustee authorised to do so) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BEADS OF COURAGE UK I report on the accounts of the charity for the year ended 31 January 2021 which are set out on pages 7 to 11. Respecllve responslbllltles of trustees and examlner The charty's trustees are responsible for the preparation of the accounts in accordance with the tem)s of the Charities and Trustee Investment (Scotlandl Act 2005 and the Charities Accounts {Scolland} Regulations 2006 {as amended). The charity trustees consider that the audit requirement of Regulation 10111 {a) to Ic) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44{1) {c) of the Act and to state whether particular matters have come to my attention. Basls of Independent examlner's statement My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotlandl Regulations 2006{as amended). An examination includes a review of Ihe accounting records kept by the charity and a comparison of the accounts presented wtth those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanation from the trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequentty I do not express an audit opinion on the view given by the account5. Independent examinevs statement In the course of my examinalion, no matter has come lo my altenlion which glves me reasonable cause to belleve that In any material respect the requirements.. to keep accounting records in accordance w￿h Section 44(11 (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations have not been met, or 2. to which. in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. Sephton & Company LLP Chartered Certified Accountants Marston House 5 Elmdon Lane Marston G￿en Sollhull West Midlands B37 7DL BEADS OF COURAGE UK CHARITY NO: 1141987 1 SC044198 statement of Finan¢ial Activities For the Year Ended 31 Janua 2021 Total lunds 2021 (All Unrestri¢t?d) Prior year funds 4%L.f." Note In¢omlng resources: Incoming resources from generated funds Donations and legacies Interest received 325,420 158 339,003 233 rotal incoming resources Resources expended: £325,578 £339,236 Charitable activities Purchases 291,236 76,176 Governance costs Travel, telephone, stationery, sundry expenses Professional fees 124,868 152,196 Total resources expended £416,104 £228,372 Net incoming resources before other reGognised gains and losses {90,526) 110,864 Net movement in fvnds Re¢onclllatlon of funds (90,526) 110,864 J.. Total funds brought forward 466,252 355,388 Total funds camed fomard £375,726 £466,262 The notes on pages 10-11 form part ofthese accounts BEADS OF COURAGE UK CHARITY NO: 1141987 1 C044198 Statement of Financial Activities For the Year Ended 31 Janua 2021 Note Total funds 2021 Prior year funds 2020 Unrestricted income fund 466,252 355,388 Total income funds brought fO￿ard (90,5261 110,864 Net movement of income fund 375,726 466,252 Total income fvjnds carried forward Total unrestrlcted lunds £ 376,726 £468,262 The notes on pages 10-11 fomi part of these accounts BEADS OF COURAGE UK CHARITY NO: 1141987 1 SC044198 Balan¢e Sheet at 31 Janua 2021 Total funds 2021 Prlor year funds 2020 Note Current Assets Accrued income Current Account Paypal Account Stock 257,612 103,215 169.764 3,098 204,544 269,202 Total current assets 377,406 630,029 Current Liabilities Creditors. Amounls falling due within one year Accruals 1,680 163,777 Cuffent liabilities 1,680 163,777 375,726 466,252 Net current assets 375,726 466,252 Net assets £ 375,726 £466,262 The funds of the charity Total unrestricted fvnds represented by the above as per the Fund balance on page 8 £ 376 726 £ 466 252 The whole of the Trust Fund is unrestricted Approved by the Trustees on.. Sl. i.o.1 ioJi and signed on Iheir behalf by.... Truslee aulhorised to do so and signed on Iheir behalf by...... Trustee authorised to do so The notes on pages 10-11 fom part of these accounts BEADS OF COURAGE UK CHARITY NO: 1141987 1 SC044198 Notes to the Accounts For the Year Ended 31 Janua 2021 Accountlng policies (a) Basis of preparation The financial statements have been prepared on the Accruals basis in accordance with the Charities & Trustee Investment (S¢otlandl Act 2005 and the Charities Accounts (Scotland) Regulations 2006(as amended). (b) Fund accountlng Unrestricted ftjnds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal. {c) Incomlng resources All incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Id) Resources expended All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources. (e) Stock Stock is included at the lower of cost or net realisable value. {Q Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts due. io BEADS OF COURA CHARITY N 1141987 1 SC044198 Notes to the Accounts For the Year Ended 31 Janua 2021 Ig) Cash at bank and in hand Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. (h) Credltors and provisions Creditors and provisions are recognised where the charity has a present obligation resulting from past event that will probably result in the transfer offvnds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. BEADS OF COURAGE UK ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 JANUARY 2021 CHARITY NO 11419871 SC044198 BEADS OF COURAGE UK CHARITY NO: 1141987 1 SC044198 CONTENTS Trustees Annual Report Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Accounts 10-11 BEADS OF COURAGE UK CHARITY NO: 1141987 1 SC044198 Trustees, Annual Re ort For the Year Ended 31 Janua 2021 The trustees have pleasure in presenting their report together with the financial statements and the independent examiner's report for the year ended 31 January 2021. Reference and Admlnlstratlon detalls Beads of Courage UK (Formerly Be Child Cancer Aware} is a registered charity, No. 1141987 1 SC044198. The address is 14 Radlow Crescent, Marston Green, Birmingham, B37 7LZ. The present Trustees are: Kenneth West Sarah Drummond Chalrman John Drummond Treasurer and Administrator Diane Watt Volunteer Graham Bebe, Joanne Chadwick, Annabel Chadwick, Angela Mulholland structure Governance & Management Beads of Courage UK continues to work closely with The Maria Watt Foundation, the charity that supported the establishment of Beads of Courage UK. The Charity has entered into partnerships with CM Events and Recycling and Management Limited. There are formal agreements in place to govern these partnerships. The charity has engaged the services of Sephton & Company LLP, Chartered Certified Accountants to wmplete an annual independence review of the Charity's finances. All risks associated with the charity are carefully assessed by the Charity's team. No partnerships are entered into without carefvl vetting. Any issues that arise within the charity are dealt with on a case by case basis. BEADS OF COURAGE UK ARITY NO: 1141987 1 C044198 Trustees, Annual Re ort For the Year Ended 31 anua 2021 Appointment of Trustees All new charity trustees are to be appointed by resolution of the charity trustees. Objectlves and Actlvitles The Trust was established by a Trust Deed dated 3rd October 2010 to raise awareness of all Cancers that affect children, to provide infomiation regarding the signs and symptoms of Childhood cancer to parents, teenagers and young adults, to support such other charitable purposes or organisations connected with childhood cancer as the trustees may from time to time determine. The objects wefe amended and the charity changed its name to Beads of Courage UK. UNDER LICENCE FROM BEADS OF COURAGE INC., BEADS OF COURAGE UK OFFERS EMOTIONAL SUPPORT TO CHILDREN WITH CHRONIC AND SERIOUS ILLNESS BY PROVIDING BEADS OF COURAGE PROGRAMMES TO ONCOLOGYIHAEMATOLOGY, BURNS, CARDIAC, NICU, AND CHRONIC CONDITIONS UNITS THROUGHOUT THE UNITED KINGDOM AND IRELAND. BEADS OF COURAGE RESTORES A CHILD'S SENSE OF SELF WHEN COPING WITH A SERIOUS ILLNESS Achlevements and Performan¢? Whilst the Charity continues to promote the signs and symptoms of childhood cancer, the Beads of Courage programme has allowed the charity to also promote the signs and symptoms of other chronic and serious childhood illnesses. The Gharity Gontinues to promote awareness of many childhood illnesses through its Social Media pages. The charity continues to engage with parents and young people via its website, Facebook and Twitter applications. Here the charity is able to share its ongoing work. Many families also submit their own family stories with the aim of raising further awareness and profile. We are extremely thankful to the many families who support this initiative as we appreciate it is not easy reliving and sharing their expertences. The Covid-19 pandemic led the charity to take the decision to stop delivery of Beads of Courage materials to UK hospitals to support UK and World-wide efft)rts to curb the spread of the virus. The charity also took the decision not to implement new programmes or continue site visits to hospitals. However we continued to support our children, teenagers and young adults through our media channels and offering programme beads to families through post. Beads of Courage UK conts'nued its partnership with Children with Can￿r UK who sponsor the oncology and haematology programmes. With no fundraising opportunities and our commercial partnerships not able to continue, we are extremely grateful for the continued support of Children with Cancer UK without whom, the Charity potentially would not have been able to continue providing the level of support BEADS OF COURAGE UK CHARITY NO: 1141987 1 SC044198 Trustees, Annual Re ort For the Year Ended 31 Janua 2021 Our partnership with Children with Cancer UK will allow us to provide more programmes to hospitals who treat children with chronic and serious conditions. We will resume this activity as soon as practically possible. Our aim is to provide every child in the UK with this programme. This is an ambitious target but the Trustees hope the partnership with CWC will be a blue-print towards working with other charities to make this a reality. Beads of Courage UK'S main achievement has been maintaining its support for the Beads of Courage programme at a time when donations have reduced significantly, the US exchange rate has remained low and the world has had to deal with a pandemic. Beads of Courage UK receives amazing support from Children with Can￿r UK and its volunteers. We have an army of Bead Makers who make our special one of a kind Act of Courage beads and another army of Bead Bag Makers who source material and make and donate bags for our children to keep their special beads. Each bead is hard earned so having somewhere special to keep them is an essential part of the support process offered by Beads of Courage UK. Financial Revi#w Beads of Courage UK continually monitors its financial position. The charity partnership with Children with Cancer UK has relieved the financial pressure of reduction in donations. We are Confident that there are sufficient resources available to fund the Beads of Courage programme for the next 12 months. The charity continues to work well with its Commercial Participators - CM Events arrange awareness stands around the UK, primarily in shopping ￿ntre8 and retail outlets. By having the stands and developing our ongoing partnership with CM Events, we not only receive vital fvnds to support our awareness and support initiatives but also raise awareness ofthe charity and its aims and missions. Unfortunately, due to the Covid-19 pandemiG all awareness Stands have been Can￿lled. Our clothing partner. Recyclling and Management Limited dutifully delivered clothes bags to homes around the UK and dealt with the collection, delivery and ongoing sale of these items. They are fully licensed to carry out operations and apply to local councils for permits to collect. However, at the start of the Covid 19 pandemic. the Charity decided that as clothing collections entails individuals delivering bags through household letterboxes that this practice should cease immediately. We therefore gave notice to Recycling and Management Limited to end our partnership. We would take this opportunity to thank Recycling and Management Limited for their support over the past number of years. Their collections allowed us to continue providing support to children. By entering into partnerships, Beads of Courage UK (Fomierly Be Child Cancer Aware) does not have to deal with the administration associated with their operation and can therefore concentrate their time and effort into continuing to provide its Se￿ices. BEADS OF COURAGE UK CHARITY NO: 1141987 1 C04419 Trustees, Annual Re ort For the Year Ended 31 Janua 2021 The Charity now has an agreement with S&G Management to deliver the programme and trairbing on its behalf. The charity employs a¢¢ountancy fjmi, Sephton and Company LLP to prepare financial inforfflation. The unrestricted funds of the Charity amounted to £375,726 as at 31 January 2021. Approved by the Twstees on . And sign8d on their behalf by.. {Trustee authorised to do so) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BEADS OF COURAGE UK I report on the accounts of the charity for the year ended 31 January 2021 which are set out on pages 7 to 11. Respecllve responslbllltles of trustees and examlner The charty's trustees are responsible for the preparation of the accounts in accordance with the tem)s of the Charities and Trustee Investment (Scotlandl Act 2005 and the Charities Accounts {Scolland} Regulations 2006 {as amended). The charity trustees consider that the audit requirement of Regulation 10111 {a) to Ic) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44{1) {c) of the Act and to state whether particular matters have come to my attention. Basls of Independent examlner's statement My examination is carried out in accordance with Regulation 11 of the Charities Accounts (Scotlandl Regulations 2006{as amended). An examination includes a review of Ihe accounting records kept by the charity and a comparison of the accounts presented wtth those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanation from the trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequentty I do not express an audit opinion on the view given by the account5. Independent examinevs statement In the course of my examinalion, no matter has come lo my altenlion which glves me reasonable cause to belleve that In any material respect the requirements.. to keep accounting records in accordance w￿h Section 44(11 (a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and to prepare accounts which accord with the accounting records and comply with Regulation 8 of the 2006 Accounts Regulations have not been met, or 2. to which. in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. Sephton & Company LLP Chartered Certified Accountants Marston House 5 Elmdon Lane Marston G￿en Sollhull West Midlands B37 7DL BEADS OF COURAGE UK CHARITY NO: 1141987 1 SC044198 statement of Finan¢ial Activities For the Year Ended 31 Janua 2021 Total lunds 2021 (All Unrestri¢t?d) Prior year funds 4%L.f." Note In¢omlng resources: Incoming resources from generated funds Donations and legacies Interest received 325,420 158 339,003 233 rotal incoming resources Resources expended: £325,578 £339,236 Charitable activities Purchases 291,236 76,176 Governance costs Travel, telephone, stationery, sundry expenses Professional fees 124,868 152,196 Total resources expended £416,104 £228,372 Net incoming resources before other reGognised gains and losses {90,526) 110,864 Net movement in fvnds Re¢onclllatlon of funds (90,526) 110,864 J.. Total funds brought forward 466,252 355,388 Total funds camed fomard £375,726 £466,262 The notes on pages 10-11 form part ofthese accounts BEADS OF COURAGE UK CHARITY NO: 1141987 1 C044198 Statement of Financial Activities For the Year Ended 31 Janua 2021 Note Total funds 2021 Prior year funds 2020 Unrestricted income fund 466,252 355,388 Total income funds brought fO￿ard (90,5261 110,864 Net movement of income fund 375,726 466,252 Total income fvjnds carried forward Total unrestrlcted lunds £ 376,726 £468,262 The notes on pages 10-11 fomi part of these accounts BEADS OF COURAGE UK CHARITY NO: 1141987 1 SC044198 Balan¢e Sheet at 31 Janua 2021 Total funds 2021 Prlor year funds 2020 Note Current Assets Accrued income Current Account Paypal Account Stock 257,612 103,215 169.764 3,098 204,544 269,202 Total current assets 377,406 630,029 Current Liabilities Creditors. Amounls falling due within one year Accruals 1,680 163,777 Cuffent liabilities 1,680 163,777 375,726 466,252 Net current assets 375,726 466,252 Net assets £ 375,726 £466,262 The funds of the charity Total unrestricted fvnds represented by the above as per the Fund balance on page 8 £ 376 726 £ 466 252 The whole of the Trust Fund is unrestricted Approved by the Trustees on.. Sl. i.o.1 ioJi and signed on Iheir behalf by.... Truslee aulhorised to do so and signed on Iheir behalf by...... Trustee authorised to do so The notes on pages 10-11 fom part of these accounts BEADS OF COURAGE UK CHARITY NO: 1141987 1 SC044198 Notes to the Accounts For the Year Ended 31 Janua 2021 Accountlng policies (a) Basis of preparation The financial statements have been prepared on the Accruals basis in accordance with the Charities & Trustee Investment (S¢otlandl Act 2005 and the Charities Accounts (Scotland) Regulations 2006(as amended). (b) Fund accountlng Unrestricted ftjnds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal. {c) Incomlng resources All incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Id) Resources expended All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources. (e) Stock Stock is included at the lower of cost or net realisable value. {Q Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts due. io BEADS OF COURA CHARITY N 1141987 1 SC044198 Notes to the Accounts For the Year Ended 31 Janua 2021 Ig) Cash at bank and in hand Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. (h) Credltors and provisions Creditors and provisions are recognised where the charity has a present obligation resulting from past event that will probably result in the transfer offvnds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.