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← International Children's Palliative Care Network

2021-02-28-accounts

Charity number: 1143712

International Children's Palliative Care Network

Registered number: 07675172

Trustees' report and unaudited financial statements

For the year ended 28 February 2021

INTERNATIONAL CHILDREN'S PALLIATIVE CARE NETWORK (A Company Limited by Guarantee)

CONTENTS

Page
Reference and Administrative Details of the Charity, its Trustees and Advisers 1
Trustees' Report 2 - 5
Independent Examiner's Report 6
Consolidated Statement of Financial Activities 7
Consolidated Balance Sheet 8
Charity Balance Sheet 9
Notes to the Financial Statements 10 - 19

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 28 FEBRUARY 2021

Trustees Dr Zipporah Ali
Dr Stephen Connor
Lynda Gould
Dr Regina Okhuysen-Cawley
Michael Palfreman
Dr Marianne Phillips
Ntombizodwa Sithole
Dr Christina Vadeboncoeur
Sabine Kraft (Resigned 14thOctober 2021)
Paul Quilliam (Resigned 8thMarch 2020)
Richard Carling (Resigned 19thJune 2020)
Dr Pavel Burykin (Resigned 31stAug 2020)
Dr Justin Baker (Appointed 15thOctober 2021)
Dr Michael Tatterton (Appointed 15thOctober 2021)
Rob Jones (Appointed 15thOctober 2021)
Dr Esther Nafula Wekesa (Appointed 15thOctober 2021)
Dr Tan Ru Wei (Appointed 15thOctober 2021)
Dr Gayatri Palat (Appointed 15thOctober 2021)
Chief Executive Prof Julia Downing
Company registered number 07675172
Charity registered number 1143712
Registered office 2nd Floor
New Bond House
Bond Street
Bristol
BS2 9AG
Registered Office address changed in July 2021 to:
c/o Suite 1b
Whitefriars
Lewins Mead
Bristol
United Kingdom
BS1 2NT
Accountants Levicks Chartered Accountants & Business Advisors
61 London Road
Maidstone
Kent
ME16 8TX
Bankers NatWest plc
32 Corn Street
Bristol
BS99 7UG

1

INTERNATIONAL CHILDREN'S PALLIATIVE CARE NETWORK (A Company Limited by Guarantee)

TRUSTEES' REPORT FOR THE YEAR ENDED 28 FEBRUARY 2021

The Trustees present their Annual Report together with the financial statements for the year 1st March 2020 to 28th February 2021. The Trustees confirm that the Annual Report and financial statements of the charity comply with the current statutory requirements, the requirements of the charity’s governing document and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) as amended by Update Bulletin 1 (effective 1 January 2015).

Since the charity and the group qualifies as small under section 383, the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Director's Report) Regulations 2013 is not required.

Throughout the financial year the global pandemic has impacted on the work of the International Children’s Palliative Care Network (ICPCN). Activities included those deemed necessary in response to Covid-19, supporting individuals around the world as they came to grips with the pandemic, what it meant for children’s palliative care (CPC) and adopting new ways of working. ICPCN has remained busy throughout the pandemic, and continues to support members and their core activities of C ommunication, A dvocacy, R esearch, E ducation and S trategic development.

1. OBJECTIVES

The objectives of the charity are to promote worldwide access to palliative care for children with life-limiting and life-threatening conditions, their families and carers and, in particular, the sharing of information, advocacy, education, research and networking. Our vision is that all children living with a life-limiting or life-threatening condition, and their families, will have seamless access to palliative care in order to alleviate serious health-related suffering and enhance their quality of life.

Our mission is to achieve the best quality of life and care for children and young people with life-threatening or life-limiting conditions, their families and carers worldwide, by:

In setting objectives and planning for activities, the Trustees have given due consideration to the general guidance published by the Charity Commission relating to public benefit.

STRATEGIC AIMS

Working towards this vision, ICPCN’s strategy for 2019-2023 has the following strategic aims:

(a) Communications - To create a step-change in global awareness by maximising the impact of ICPCN’s messages and access to ICPCN’s resources by reinforcing ICPCN’s position as the global authority on CPC and as a hub of information and resources, and by using a strategic combination of communications strategies to achieve a wider reach.

2

INTERNATIONAL CHILDREN'S PALLIATIVE CARE NETWORK

(A Company Limited by Guarantee)

(b) Advocacy - To work towards inclusion of CPC in Universal Health Coverage (UHC) worldwide by carrying out targeted strategic advocacy with world leaders at both a global, regional and national level; make use of a suite of WHO-approved advocacy resources which are adaptable at country level; and by harnessing the network to use these resources to strategically advocate in their own localities.

(c) Research – To expand the evidence-base for CPC through initiating research, collaborating on research in strategic areas, supporting other organisations with resources and signposting them to carry out their own research, and disseminating research for maximum impact.

(d) Education - To develop as a hub for the provision of training information; to provide highquality CPC education that meets an identified global need; and to support and empower the ICPCN network to train health practitioners in their own localities, thus improving the care given to children and their families.

(e) Strategic Development - To support the strategic development of CPC services worldwide through equipping and empowering the network with resources, training and mentorship, and facilitating the development of centres of excellence in strategic locations.

Grant making policy

We occasionally award scholarships to individuals to attend conferences and training opportunities that they would otherwise not be able to afford. The charity identifies particular events that would result in attendees being able to further the development of CPC in their countries. Individuals wanting to attend these events, but who could not afford the costs, are invited to apply to the charity. These are only awarded if ICPCN has sufficient funds to support them.

2. ACHIEVEMENTS AND PERFORMANCE

Review of Activities

2020-21 was a successful year for ICPCN, despite the pandemic and resulting financial challenges, with real progress made across all of our strategic aims. Some of the highlights are described below. Through the year we:

3

INTERNATIONAL CHILDREN'S PALLIATIVE CARE NETWORK (A Company Limited by Guarantee)

Plans for the future

Though Covid has had a significant impact on the whole international community, the need for more and better CPC remains and continues to grow. We continue to have ambitious plans for the future, to significantly increase the profile of CPC around the world to ensure that more children and families will be able to access and benefit from wider provision. As we emerge from the pandemic, our aim is to be ready to respond.

3. FINANCIAL REVIEW

Income for the year was £102,966 and comprised mainly of grants from the Open Society Foundations, the True Colours Trust and the Horizon 20-20/My Pal project. The Global Challenges Research Fund (through the University of Oxford) and the Fondazione Hospice Maria Teresa Chiantore Seràgnoli awarded smaller grants.

Expenditure for the year was £101,121 and was spent on the various projects delivered during the year.

Overall, we made a profit in the year of £3,942 (2020: £26,373 deficit) This increases our current reserves to £34,321, which provides a small cushion should our funding levels fall.

Raising funds remains huge a challenge and we continue to search for new potential funders. We achieved some success in this during the year, although more needs to be done to ensure we are sustainable.

Investment Policy

The organisation does not have significant reserves to invest. Funds are held in readily available cash in bank accounts.

As some restricted grants covered periods that differ from ICPCN’s financial year, funding income for the Horizon / MyPal and Krebs Allianz grants was deferred to cover specific project and core costs that would be undertaken during the 2021 financial year, as per the activities specified in the grant document.

4. STRUCTURE, GOVERNANCE AND MANAGEMENT

Constitution

ICPCN was created in May 2011. It is a registered charity (number 1143712) and is incorporated as a company limited by guarantee. The constitution of ICPCN is set out in the Memorandum and Articles of Association.

ICPCN is governed by its Trustees. Trustees may hold office for three years. At the end of their first term, if re-elected, they can stand for one further three-year term. All Trustees give of their time freely and no Trustee remuneration was paid in the year.

4

INTERNATIONAL CHILDREN'S PALLIATIVE CARE NETWORK

(A Company Limited by Guarantee)

The principal object of ICPCN is to alleviate sickness and to promote and protect the quality of life of children with life-limiting and life-threatening conditions, their families and carers by promoting worldwide access to palliative care in order to share knowledge, experience and best practice.

Method of appointment of Trustees

Trustees are appointed to ensure there is appropriate representation from all regions in the world. Some Trustees are appointed specifically to represent their region, while others are elected for a specific function, such as finance or management, and others represent related global organisations. The number of Trustees can change as determined by the Board of Trustees. Trustees are appointed by a vote of the existing Trustees.

Organisational structure and decision making

The full Board of Trustees meets at least twice per year, once in a face-to-face meeting and once via a teleconference. Face-to-face meetings are restricted to one per year in order to keep costs down.

The Board sets the overall strategy for the organisation, agreeing long term strategic plans. It also approves annual operational plans that are intended to deliver the strategy, along with annual budgets.

ICPCN raises funds to pursue its objectives. A non-profit company based in South Africa, ICPCN Operations, performs much of the work to deliver these objectives. ICPCN makes payments to ICPCN Operations under a formal agreement in order to deliver the agreed objectives.

There is an Executive Committee that meets quarterly to monitor progress in delivering the

operational plan, review financial performance and consider significant issues that arise between Board meetings. The Executive Committee comprises of the Chairperson, ViceChairperson, Treasurer and the Chief Executive.

This report was approved by the Trustees on 6 December 2021 and signed on their behalf by:

M. Palfreman, Treasurer

5

INTERNATIONAL CHILDREN'S PALLIATIVE CARE NETWORK (A Company Limited by Guarantee)

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF INTERNATIONAL CHILDREN’S PALLIATIVE CARE NETWORK FOR THE YEAR ENDED 28 FEBRUARY 2021

I report on the accounts of International Children’s Palliative Care Network for the year ended 28 February 2021 which comprise the consolidated statement of financial activities set out on pages 7 to 19.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this period under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

J A GRIGGS FCA LEVICKS Chartered Accountants & Business Advisers 61 London Road Maidstone Kent ME16 8TX

10 December 2021

6

INTERNATIONAL CHILDREN'S PALLIATIVE CARE NETWORK (A Company Limited by Guarantee)

CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 28 FEBRUARY 2021

NET MOVEMENT IN FUNDS
4,846
RECONCILATION OF FUNDS
Total Funds brought forward
16,731
_______
TOTAL FUNDS CARRIED
FORWARD
21,577
Unrestricted
funds
2021
Note
£
INCOME FROM:
Donations and legacies
2
45,407
TOTAL INCOME
45,407
EXPENDITURE ON:
Raising funds
3
-
Charitable activities
4,5,6
40,606
TOTAL EXPENDITURE
40,606
NET (EXPENDITURE) / INCOME BEFORE
OTHER RECOGNISED GAINS AND
LOSSES
4,801
Foreign currency gains
-
Transfers In/Out
45		 (904)
13,648
~~___~~
12,744
Restricted
funds
2021
£
57,559
57,559
-
60,515
60,515
(2,956)
2,097
(45)		 3,942
30,379
~~___~~
34,321
Total
funds
2021
£
102,966
102,966
-
101,121
101,121
1,845
2,097
-		 Total
funds
2020
£
118,465		 Total
funds
2020
£
118,465
118,465
1,113
143,725
144,838
(26,373)
-
-
(26,373)
56,752
~~___~~ ~~_~~
~~30,379~~

The notes on pages 10 to 19 form part of these financial statements.

7

INTERNATIONAL CHILDREN'S PALLIATIVE CARE NETWORK

Registered number: 07675172

(A Company Limited by Guarantee)

CONSOLIDATED BALANCE SHEET AS AT 28 FEBRUARY 2021

Note
CURRENT ASSETS
Cash at bank and in hand
CREDITORS:amounts falling due within
one year
10
NET CURRENT ASSETS
NET ASSETS
CHARITY FUNDS
Restricted funds
11
Unrestricted funds
11
TOTAL FUNDS		 2021
£
42,870
42,870
(8,549)
34,321
34,321
12,744
21,577
34,321		 2020
£
55,557
55,557
(25,178)
30,379
30,379
13,648
16,731
30,379

The Charity's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

The Trustees consider that the Charity is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the Charity to obtain an audit for the year in question in accordance with section 476 of the Act.

The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements were approved and authorised for issue by the Trustees on 6 December 2021 and signed on their behalf by :

M. PALFREMAN (Treasurer)

The notes on pages 10 to 19 form part of these financial statements.

8

INTERNATIONAL CHILDREN'S PALLIATIVE CARE NETWORK

Registered number: 07675172

(A Company Limited by Guarantee)

CHARITY BALANCE SHEET AS AT 28 FEBRUARY 2021

Note
CURRENT ASSETS
Cash at bank
CREDITORS:amounts falling due within
one year
10
NET CURRENT ASSETS
NET ASSETS
CHARITY FUNDS
Restricted funds
Unrestricted funds
TOTAL FUNDS		 2021
£
22,968
22,968
(7,882)
15,086
15,086
12,744
2,342
15,086		 2020
£
33,628
33,628
(18,282)
15,346
15,346
(42,762)
58,108
15,346

The Charity's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The Trustees consider that the Charity is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the Charity to obtain an audit for the year in question in accordance with section 476 of the Act.

The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements were approved and authorised for issue by the Trustees on 6 December 2021 and signed on their behalf by :

M. PALFREMAN (Treasurer)

The notes on pages 10 to 19 form part of these financial statements.

9

INTERNATIONAL CHILDREN'S PALLIATIVE CARE NETWORK (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021

1. ACCOUNTING POLICIES

1.1 General information

International Children's Palliative Care Network is a company limited by guarantee, registered in England & Wales, registered number 07675172. It is also a charity registered with the Charity Commission in England & Wales, registered number 1143712. Its registered office is 2nd Floor, New Bond House, Bond Street, Bristol BS2 9AG.

1.2 Basis of preparation of financial statements

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The financial statements are prepared in Sterling which is the functional currency of the charity and are rounded to the nearest £. The current information contained in the financial statements relates to the year ended 28 February 2021 and the comparative information relates to the year ended 29 February 2020.

International Children's Palliative Care Network meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

The Statement of Financial Activities (SOFA) and Balance Sheet consolidate the financial statements of the Charity and its subsidiary undertaking. The results of the subsidiary are consolidated on a line by line basis.

No separate SOFA has been presented for the Charity alone as permitted by section 408 of the Companies Act 2006.

The result for the year for the parent charity was a profit of £3,942 (2020: £26,373 deficit).

1.3 Company status

The Charity is a company limited by guarantee. The members of the company are the Trustees named on page 1. In the event of the Charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the Charity.

1.4 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

10

INTERNATIONAL CHILDREN'S PALLIATIVE CARE NETWORK (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021

1. ACCOUNTING POLICIES (continued)

1.5 Income

Income is recognised by the Charity when it has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Income is only recognised in the period to which the corresponding expenses for which it was granted are also recognised. Income received ahead of corresponding expenditure is deferred on the balance sheet.

1.6 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Support costs are those costs incurred directly in support of expenditure on the objects of the Charity.

Governance costs are those incurred in connection with administration of the Charity and compliance with constitutional and statutory requirements.

Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the yearend are noted as a commitment, but not accrued as expenditure.

1.7 Going concern

The trustees consider there are no material uncertainties about the Charity’s ability to continue as a going concern. The review of our financial position, reserves levels and future plans gives Trustees confidence the charity remains a going concern for the foreseeable future.

1.8 Tangible fixed assets and depreciation

A review for impairment of a fixed asset is carried out if events or changes in circumstances indicate that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying value of fixed assets and their recoverable amounts are recognised as impairments. Impairment losses are recognised in the Statement of Financial Activities.

Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & fittings - 6 years Computer equipment - 5 years

11

INTERNATIONAL CHILDREN'S PALLIATIVE CARE NETWORK (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021

1. ACCOUNTING POLICIES (continued)

1.9 Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date.

Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction.

Exchange gains and losses are recognised in the Statement of Financial Activities.

1.10 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount that the charity will benefit from in future periods.

1.11 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

1.12 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.

1.13 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

1.14 Financial instruments

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

12

INTERNATIONAL CHILDREN'S PALLIATIVE CARE NETWORK (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021

2. INCOME FROM DONATIONS AND LEGACIES

Donations
Grants
Total donations and
legacies		 Unrestricted
funds
2021
Restricted
funds
2021
Total
funds
2021
Total
funds
2020
£
£
£
£
5,541
-
5,541
4,645
39,866
57,559
97,425
113,820
45,407
57,559
102,966
118,465

3. ANALYSIS OF EXPENDITURE BY EXPENDITURE TYPE

Expenditure on
fundraising trading
Costs of raising funds
Support costs
Direct costs
Charitable activities
Expenditure on
governance
Total 2020		 Staff
costs
2021
£
-
-
81,996
1,755
83,751
-
83,751
110,073		 Other
2021
£
-
-
11,234
2,856
14,090
3,280
17,370
34,765		 Total
2021
£
-
-
93,230
4,611
97,841
3,280
101,121
144,838		 Total
2020
£
1,113
1,113
100,129
39,406
139,535
4,190
144,838

13

INTERNATIONAL CHILDREN'S PALLIATIVE CARE NETWORK (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021

4. DIRECT COSTS

UK travel
Travel in Africa
Travel overseas
Project costs
Conference costs
ICPCN Pain app development
Wages and salaries		 Charitable
Activities
£
104
-
-
2,752
-
-
1,755
4,611		 Total
2021
£
104
-
-
2,752
-
-
1,755
4,611		 Total
2020
£
733
701
3,992
5,439
470
642
27,429
39,406

5. SUPPORT COSTS

SUPPORT COSTS
Postage, printing and stationery
IT expenses
Telephone costs
Bank charges
Website costs
Insurance
Staff Training
Marketing, advertising and promotions
Technical support and hosting of elearning environment
Foreign exchange adjustments
Staff salaries
National insurance
Pension cost
Legal fees
Subscriptions
General admin expenses
Software expenses		 Operating
Expenses
£
974
534
842
449
1,493
404
-
991
3891
-
80,849
12
1135
-
185
-
1,471
93,230		 Total
2021
£
974
534
842
449
1,493
404
-
991
3891
-
80,849
12
1135
-
185
-
1,471
93,230		 Total
2020
£
815
1,008
1,043
101
1,544
426
467
1,312
4511
3,043
80,476
1,033
1,135
(128)
54
1607
1,682
100,129

14

INTERNATIONAL CHILDREN'S PALLIATIVE CARE NETWORK (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021

6. GOVERNANCE COSTS

Independent Examiner's remuneration
Subsidiary's audit fees
Accountancy fee		 Unrestricted
funds
2021
£
2,580
-
300
2,880		 Restricted
funds
2021
£
-
400
-
400		 Total
funds
2021
£
2,580
400
300
3,280		 Total
funds
2020
£
2,581
409
1,200
4,190

7. NET INCOME/(EXPENDITURE)

This is stated after charging:

2021 2020
£ £
Independent Examiner's fee 2,580 2,581
Accountancy fee 300 1,200
Subsidiary company's Auditors' remuneration 400 409
___ ___

During the current or comparative year no Trustee received any remuneration for their role as Trustee. During the year no Trustees were reimbursed expenses. The Board of Trustees are responsible for the overall governance of the Charity – they are not ‘key management personnel’.

8. STAFF COSTS

Staff costs were as follows:

Wages and salaries
Social security costs
Other pension costs		 2021
£
82,604
12
1,135
83,751		 2020
£
107,905
1,033
1,135
110,073

The average number of persons employed by the Charity during the year was as follows:

2021 2020
No. No.
Charitable activities 3 3
No employee received remuneration amounting to more than £60,000 in either year.

15

INTERNATIONAL CHILDREN'S PALLIATIVE CARE NETWORK (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021

9. TANGIBLE FIXED ASSETS

Group
Cost
At 1 March 2020
Additions
At 28 February 2021
Depreciation
At 1 March 2020
Charge for the year
At 28 February 2021
Net book value
At 28 February 2021
At 29 February 2020		 Fixtures &
fittings
£
167
-
167
167
-
167
-
-		 Computer
equipment
£
7,353
948
8,301
7,353
948
8,301
-
-		 Total
£
7,520
948
8,468
7,520
948
8,468
-
-

10. CREDITORS: Amounts falling due within one year

Deferred income
Other creditors
Accruals		 Group
2020
£
20,785
613
3,780
25,178
2021
£
-
5,002
2,880
7,882		 Charity
2021
£
-
5,669
2,880
8,549
2020
£
14,502
-
3,780
18,282

16

INTERNATIONAL CHILDREN'S PALLIATIVE CARE NETWORK (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021

11. STATEMENT OF FUNDS

STATEMENT OF FUNDS - CURRENT YEAR
Balance at **Income ** Expenditure Transfers Balance at
1 March in/out 28 February
2020 2021
£ £ £ £ £
Unrestricted funds
General Fund 6,693 5,541 (8,103) 3,320 7,451
Unrestricted Grants
Open Society Foundation 3,275 - - (3,275) -
Bundesverband-kinderhospiz 6,763 - (3,993) - 2,770
US Cancer Pain Relief Committee - 39,866 (28,510) - 11,356
Total of Unrestricted funds 16,731 45,407 (40,606) 45 21,577
Restricted funds
Krebs Allianz 1,757 6,283 (2,991) - 5,049
True Colours Trust - Education Fund 6,029 20,000 (26,029) - -
GCRF Oxford University 374 1,774 (2,103) (45) -
Isabella Seragnoli Fondazione 1,982 15,000 (20,347) - (3,365)
Horizon 20-20 / MyPal 3,506 14,502 (6,948) - 11,060
Total of Restricted funds 13,648 57,559 (58,418) (45) 12,744
Total of funds 30,379 102,966 (99,024) - 34,321

TCT (True Colours Trust) – Education Fund

The original grant was for a two-year period to cover the appointment of an Education Officer to oversee the elearning portfolio, and specifically the cost of technical support and upgrading of the elearning Moodle platform of the charity. This grant is now closed.

Open Society Foundation

This grant was originally awarded to the Charity in September 2018 towards core costs, and ran for one year to August 2019. The funds were transferred to Unrestricted during the 2020 financial year. The balance on this grant has now been transferred to the General Fund as it is now closed.

US Cancer Pain Relief Committee

This close out grant from the US Cancer Pain Relief Committee was awarded in July 2020 towards the charity’s core costs, and runs for one year through to June 2021.

Krebs Allianz

This fund was awarded to cover costs of the Education portfolio, specifically the elearning project.

Bundesverband-kinderhospiz

This Fund was awarded to allow access to our elearning portfolio and for translating some of the courses into German. This fund will contribute to the core costs of the Charity.

Isabella Seragnoli Fondazione

This is a three year programme whereby ICPCN will provide consultancy and supervision support to the CPC team in Bologna in all matters related to the setting up of a new children’s hospice.

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INTERNATIONAL CHILDREN'S PALLIATIVE CARE NETWORK (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021

11. STATEMENT OF FUNDS (continued)

Horizon 20-20 / MyPal

This is a three and a half year EU grant for looking at Novel patient-centred approaches for survivorship, palliation and/or end of life care. ICPCN is one of a consortium of 16 organisations, led by Ethniko Kentro Erevnas Kai Technologikis Anaptyxis (CERTH), in Thessaloniki, Greece, ICPCN is involved in the children’s study and dissemination.

GCRF Oxford

This was a grant held by the University of Oxford. ICPCN worked with them on the grant to adapt communication guidelines for LMIC’s, holding workshops in Uganda and South Africa. This grant is now closed.

STATEMENT OF FUNDS – PRIOR YEAR

Balance at Balance at 29
1 March Transfers February
2019 Income Expenditure In/Out 2020
£ £ £ £ £
Unrestricted funds
General Fund 14,981 4,645 (12,933) - 6,693
Unrestricted Grants
Open Society Foundations - 32,312 (53,124) 24,087 3,275
Bundesverband-kinderhospiz - 8,247 (1,484) - 6,763
Total of Unrestricted funds 14,981 45,204 (67,541) 24,087 16,731
Restricted funds
Open Society Foundations 24,087 - - (24,087) -
Krebs Allianz - 6,800 (5,043) - 1,757
Global Health Strategies - 1,524 (1,524) - -
True Colours Trust - Education Fund
23,604		 16,450 (34,025) - 6,029
GCRF Oxford University (481) 7,792 (6,937) - 374
Isabella Seragnoli Fondazione (2,179) 19,727 (15,566) - 1,982
Horizon 20-20 /MyPal (3,260) 20,968 (14,202) - 3,506
Total of Restricted funds 41,771 73,261 (77,297) (24,087) 13,648
Total of funds 56,752 118,465 (144,838) - 30,379

12. ANALYSIS OF NET ASSETS BETWEEN FUNDS

ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR

ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR
Creditors due within one year Unrestricted funds
2021
Restricted
funds 2021
Total funds
2021
£
£
£
2,880
5,669
8,549
2,880
5,669
8,549

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INTERNATIONAL CHILDREN'S PALLIATIVE CARE NETWORK (A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2021

12. ANALYSIS OF NET ASSETS BETWEEN FUNDS (continued)

ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR

Creditors due within one year Unrestricted
funds
2020
£
Restricted
funds
2020
£
Total
funds
2020
£
3,780
21,398
25,178
3,780
21,398
25,178

13. PENSION COMMITMENTS

The group operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the group to the fund and amounted to £1,135 (2020 - £1,135). Contributions totaling £nil (2020 - £1,033) were payable to the fund at the balance sheet date and are included in creditors.

14. PRINCIPAL SUBSIDIARIES

International Children’s Palliative Care Network Operations NPC

Subsidiary name International Children’s Palliative Care
Network Operations NPC
Charity registration number 2011/001648/08
Basis of control Common
trustees
Total assets as at 28 February 2021 £ 19,902
Total liabilities as at 28 February 2021 £ 667
Total funds as at 28 February 2021 £ 19,235
Gross income for the year ended 28 February 2021 £ 49,718
Expenditure for the year ended 28 February 2021 £ 50,875
Deficit for the year ended 28 February 2021 £ 1,157

Figures converted into British Pound using the following rates: 21.0516 ZAR South African Rand per GBP. Rate provided by XE.com on 28 Feb 2021.

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