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← International Children's Palliative Care Network

2024-02-27-accounts

Charity number: 1143712

International Children's Palliative Care Network

Registered number: 07675172

Trustees' report and unaudited financial statements

For the year ended 27 February 2024

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 - 6
Independent Examiner's Report 7
Consolidated Statement of Financial Activities 8
Consolidated Balance Sheet 9
Charity Balance Sheet 10
Notes to the Financial Statements 11 - 21

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

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 27 FEBRUARY 2024

Trustees Dr Justin Baker Dr Hanneke Brits Dr Stephen Connor Robert Jones Dr Regina Okhuysen-Cawley Dr Gayatri Palat Michael Palfreman Ntombizodwa Sithole Dr Michael Tatterton Dr Christina Vadeboncoeur Dr Tan Ru Wei Dr Esther Nafula Wekesa Chief Executive Prof Julia Downing Company registered number 07675172 Charity registered number 1143712 Registered office c/o Suite 1b Together For Short Lives 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 27 FEBRUARY 2024

The Trustees present their Annual Report together with the financial statements for the year 28[th] February 2023 to 27[th] February 2024. 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 knock-on effects of the global pandemic have continued to impact on the work of the International Children’s Palliative Care Network (ICPCN), in particular in relation to funding and adopting new ways of working. However, the financial sustainability of the Charity had vastly improved by the end of the financial year. ICPCN remained extremely busy throughout the year and we continued to support our members via our 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 lifelimiting 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 lifethreatening 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:

2

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

TRUSTEES' REPORT FOR THE YEAR ENDED 27 February 2024

It was agreed by the Trustees that ICPCN will adopt ICPCN’s strategy for 2019-2023 for another two years, to enable the Trustees and Staff to get together to develop the new Strategic Plan prior to the 2025 ICPCN Conference (in planning at time of writing).

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 specific 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

2023-24 was a successful period for ICPCN, despite the financial challenges, with real progress made across all of our strategic aims. Some of the highlights are described below. Through the period we:

3

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

TRUSTEES' REPORT FOR THE YEAR ENDED 27 February 2024

Coimbra, The PALLIAKID project funded by the EU, work with Prof Felicia Knaul and the Lancet Commission on the number of children globally needing CPC, the My-Pal project on the use of gaming in palliative care, the PROTECT study, the numbers of children globally needing PC, and a needs assessment and situational analysis for CPC in Ghana.

Plans for the future

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. We plan to review our strategy and develop an updated Strategic Plan in 2025. We have begun to increase our funding base and will continue to work hard to secure more funds, which will enable ICPCN to increase the number of staff required in order to continue to develop the work of the organisation.

3. FINANCIAL REVIEW

Income for the financial year was £274,232 (2022-23: £121,865), which included:

4

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

TRUSTEES' REPORT

FOR THE YEAR ENDED 27 February 2024

Expenditure for the financial year was £233,151 (2022-23: £117,040) and was spent on the various projects delivered during the period.

Overall, we made a surplus in the period of £41,081 (2023: £4,825) before foreign currency losses. This increases our current reserves to £60,092 (2022-23: £20,750), which provides a small cushion should our funding levels fall.

Raising funds remains a major challenge and we continue to search for new potential funders. We achieved some success in this during the period, although much 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.

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, they can stand for re-election for one further three-year term. All Trustees give their time freely and no Trustee remuneration was paid in the period.

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 three times per year, once in a face-to-face meeting (where possible) and twice 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, simultaneously agreeing long-term strategic

5

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

TRUSTEES' REPORT

FOR THE YEAR ENDED 27 February 2024

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 the Chairperson, Treasurer, one additional Trustee and the Chief Executive.

This report was approved by the Trustees on 21 November 2024 and signed on their behalf by:

M Palfreman

Michael Palfreman, (Chair)

6

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 27 February 2024

I report on the accounts of International Children’s Palliative Care Network for the year ended 27 February 2024 which comprise the consolidated statement of financial activities set out on pages 8 to 21.

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 year 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 LEVICKS Chartered Accountants & Business Advisers 61 London Road Maidstone Kent ME16 0BQ

22 November 2024

7

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 27 FEBRUARY 2024

Note
INCOME FROM:
Donations and legacies
2
TOTAL INCOME
EXPENDITURE ON:
Charitable activities
3,4,5&6
TOTAL EXPENDITURE
NET (EXPENDITURE) / INCOME BEFORE
OTHER RECOGNISED GAINS AND
LOSSES
7
Foreign currency losses
Transfers In/Out
NET MOVEMENT IN FUNDS
RECONCILATION OF FUNDS
Total Funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
Restricted
funds
Total
funds
Total
funds
2024
2024
2024
2023

£
£
£
£
154,866
119,366
274,232
121,865
154,866
119,366
274,232
121,865
113,863
119,288
233,151
117,040
113,863
119,288
233,151
117,040
41,003
78
41,081
4,825
(1,739)
-
(1,739)
(2,279)
-
-
-
-
39,264
78
39,342
2,546
16,701
4,049
20,750
18,204
55,965
4,127
60,092
20,750

The notes on pages 11 to 21 form part of these financial statements.

8

INTERNATIONAL CHILDREN'S PALLIATIVE CARE NETWORK

Registered number: 07675172

(A Company Limited by Guarantee)

CONSOLIDATED BALANCE SHEET AS AT 27 FEBRUARY 2024

----- Start of picture text -----
2024 2023
Note £ £
NON-CURRENT ASSETS
9 552 -
Tangible fixed assets
CURRENT ASSETS
Cash at bank and in hand 169,541 23,726
Accounts Receivable 11,274 5,000
180,815 28,726
CREDITORS: amounts falling due within
10 (121,275) (7,976)
one year
NET CURRENT ASSETS 59,540 20,750
NET ASSETS 60,092 20,750
CHARITY FUNDS
Restricted funds 11 4,127 4,049
Unrestricted funds 11 55,965 16,701
TOTAL FUNDS 60,092 20,750
----- End of picture text -----

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 21 November 2024 and signed on their behalf by:

M Palfreman

Michael Palfreman, (Chair)

The notes on pages 11 to 21 form part of these financial statements.

9

INTERNATIONAL CHILDREN'S PALLIATIVE CARE NETWORK

Registered number: 07675172

(A Company Limited by Guarantee)

CHARITY BALANCE SHEET AS AT 27 FEBRUARY 2024

Note
2024
£
NON-CURRENT ASSETS
Tangible fixed assets
494
CURRENT ASSETS
Cash at bank
163,969
Accounts Receivable
11,274
175,243
CREDITORS:amounts falling due within
one year
10
(120,337)
NET CURRENT ASSETS
54,906
NET ASSETS
55,400
CHARITY FUNDS
Restricted funds
11
4,127
Unrestricted funds
51,273
TOTAL FUNDS
55,400		 2023
£
-
15,060
5,000
20,060
(7,321)
12,379
12,379
4,049
8,690
12,379

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 21 November 2024 and signed on their behalf by:

M Palfreman

Michael Palfreman, (Chair)

The notes on pages 11 to 21 form part of these financial statements.

10

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

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 27 FEBRUARY 2024

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 c/o Suite 1b, Together For Short Lives, Whitefriars, Lewins Mead, Bristol, United Kingdom, BS1 2NT.

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 financial year ended 27 February 2024 and the comparative information relates to the year ended 27 February 2023.

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 lineby-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 financial year for the parent charity was a surplus of £39,342 (2023: surplus of £2,546).

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.

11

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

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 27 FEBRUARY 2024

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 period 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 period end 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, pro-rated from date of addition

12

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

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 27 FEBRUARY 2024

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 period.

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.

13

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

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 27 FEBRUARY 2024

2. INCOME FROM DONATIONS AND LEGACIES

Donations
Grants
Total donations and legacies		 Unestricted
Restricted
Total
Total
funds
funds
funds
funds
2024
2024
2024
2023
£
£
£
£
36,609
-
36,609
44,220
118,257
119,366
237,623
77,645
154,866
119,366
274,232
121,865

The aggregate amount of donations received from trustees without conditions totals £600 (2023: £600). The aggregate amount of donations received from trustees with conditions totals £nil (2023: £nil).

3. ANALYSIS OF EXPENDITURE, BY EXPENDITURE TYPE

Support Costs
Direct costs
Charitable activities
Expenditure on governance
Total 2024		 Staff
Costs
2024
£
Other
Costs
2024
£
Total
Costs
2024
£
Total
Costs
2023
£
96,113
44,715
140,828
98,838
-
88,025
88,025
14,224
96,113
132,740
228,853
113,062
-
4,298
4,298
3,978
96,113
137,038
233,151
117,040
Total 2023 92,095
24,945
117,040

14

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

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 27 FEBRUARY 2024

4. DIRECT COSTS

DIRECT COSTS
Travel costs
Project costs
THET Ghana Sub-Grant – Project related Costs
Technical support and hosting of elearning environment		 Charitable
Total
Total
Activities
£
2024
£
2023
£
11,653
11,653
5,068
5,299
5,299
3,903
64,974
64,974
-
6,099
6,099
5,253
88,025
88,025
14,224

5. SUPPORT COSTS

Bank charges
Depreciation
General Admin Expenses
Insurance
IT expenses
Legal expenses (Trademark registration)
Marketing, advertising and promotions
Postage, printing and stationery
Software expenses
Staff Benefits
Staff costs – Pension
Staff costs – Salaries
Consultant fees – Programme Manager
Consultant fees – Fundraising
Workmen's Compensation
Subscriptions
Telephone costs
Training Webinars
Website costs		 Operating
Total
Total
Expenses
£
2024
£
2023
£
508
508
638
115
115
-
97
97
342
3,003
3,003
628
3,859
3,859
1,517
220
220
-
-
-
673
402
402
397
801
801
993
254
254
1,277
1,277
1,135
94,836
94,836
90,960
17,900
17,900
-
16,160
16,160
-
230
230
-
187
187
101
850
850
732
-
-
250
129
129
472
140,828
140,828
98,838

15

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

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 27 FEBRUARY 2024

6. GOVERNANCE COSTS

Independent Examiner's remuneration
Subsidiary's Independent Examiner's
remuneration
Accountancy fee		 Unrestricted
Restricted
Total
Total
funds
funds
funds
funds
2024
2024
2024
2023
£
£
£
£
3,598
-
3,598
2,730
473
-
473
468
227
-
227
780
4,298
-
4,298
3,978

7. NET INCOME/(EXPENDITURE)

This is stated after charging:

2024 2023
£ £
Independent Examiner's fee 3,598 2,730
Accountancy fee 227 780
Subsidiary company's Independent Examiner's remuneration 473 468

During the current or comparative year no Trustee received any remuneration for their role as Trustee. During the financial 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:

Staff salaries
Other pension costs		 2024
£
94,836
1,277
96,113		 2023
£
90,960
1,135
92,095

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

follows:
2024 2023
No. No.
Charitable activities 4 4
No employee received remuneration amounting to more than £60,000 in either period.

16

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

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 27 FEBRUARY 2024

9. TANGIBLE FIXED ASSETS

Group
Cost
At 28 February 2023
Additions
At 27 February 2024
Depreciation
At 28 February 2023
Charge for the financial year
At 27 February 2024
Net book value
At 27 February 2024
At 27 February 2023		 Fixtures &
fittings
£
167
-
167
167
-
167
-
-		 Computer
equipment

£
8,301
667
8,968
8,301
115
8,416
552
-		 Total
£
8,468
667
9,135
8,468
115
8,583
552
-

10. CREDITORS: Amounts falling due within one year

Deferred income
Other creditors
Accruals		 2024
£
112,834
-
8,441
121,275		 Group
2023
£
-
-
7,976
7,976		 2024
£
112,834
-
7,503
120,337		 Charity
2023
£
-
-
7,321
7,321

17

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

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 27 FEBRUARY 2024

11. STATEMENT OF FUNDS

STATEMENT OF FUNDS – CURRENT YEAR

STATEMENT OF FUNDS –
CURRENT YEAR
Unrestricted funds
General Fund
CRI Foundation
eLearning Funds
Global Treehouse Foundation
Isabella Seragnoli Fondazione
Restricted funds
UKRI (EU Horizon Palliakid)
True Colours Trust - Neonatal
Education Fund
St. Jude Children's Research
Hospital
MNCH Risk Pool Fund
Tropical Health Education Trust
World Child Cancer
Imperial College London
Total of funds		 Balance at 28
February
2023
Income
Expenditure
Transfers
In/Out
Balance at
27 February
2024
£
£
£
£
£
18,433
36,609
21,061
-
33,981
-
89,695
72,913
-
16,782
-
2,562
462
-
2,100
-
10,000
7,806
-
2,194
(1,732)
16,000
13,360
-
908
16,701
154,866
115,602
-
55,965
-
6,274
6,274
-
-
3,387
2,000
5,387
-
-
58
7,830
5,973
1,915
-
28,322
27,328
-
994
-
71,540
70,322
-
1,218
530
3,400
3,930
-
74
-
74
-
-
4,049
119,366
119,288
-
4,127
20,750
274,232
234,890
-
60,092

CRI Foundation

This is a two-year unrestricted grant from the CRI Foundation, based in the USA, primarily to support the development of children’s palliative care globally, with the delivery of mutually agreed milestones as specified by the Funder. The grant covers core costs related to ICPCN’s specified activities – C ommunication, A dvocacy, R esearch, E ducation and S trategic Development (CARES)

MNCH Risk Pool Fund

The CRI Foundation recommended ICPCN for this grant managed by Fidelity Charitable, to be used specifically for resolving issues created by expert error and local partner problems. The funds were to cover operating expenses such as personnel, project and admin costs related to these issues, including work on the website and cleaning of the Moodle database.

Global Treehouse Foundation

The purpose of this one-year grant is for ICPCN to provide support to the Global Treehouse Foundation in its aim to bring entrepreneurial expertise and innovation to address the global lack of access to children’s palliative care.

Tropical Health Education Trust (THET)

The Grant has been awarded by THET and is entitled “Building capacity for the provision of children’s palliative care in Ghana” and is Grant Number LG.09. This project is funded through the Global Health Workforce Pro-

18

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

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 27 FEBRUARY 2024

11. STATEMENT OF FUNDS (continued)

gramme, which is funded by the UK Department of Health and Social Care (DHSC) for the benefit of the UK and partner country health sectors.

UK Research and Innovation – EU Horizon: PALLIAKID

This funding from UKRI was granted under the UK Government’s Horizon Europe Guarantee. PALLIAKID is an interdisciplinary project aiming to evaluate the feasibility, efficacy and cost-effectiveness of novel interventions for children, adolescents and young Adults (AYAs) with palliative and end-of-life care needs in different healthcare systems across Europe. ICPCN’s role within this five year project is to participate in work packages related to the dissemination of the findings, as well as provide technical expertise on children’s palliative care.

Isabella Seragnoli Fondazione

This is an ongoing programme whereby ICPCN provides technical assistance and support to the CPC team in Bologna in all matters related to the setting up of a new state-of the art children’s hospice.

Funds for e-learning programme

Funds from a palliative care organisation in the Netherlands related to their use of ICPCN’s comprehensive e- learning Moodle software.

St Jude’s Children’s Research Hospital

Funds to support the ongoing education collaboration with St Jude’s in Memphis, USA, incorporating the work ICPCN are doing with the World Health Organisation handbook.

Imperial College London

One-off grant for ICPCN’s collaboration in a research study, which is now complete.

True Colours Trust – Neonatal Education Fund

This is a two-year grant enabling ICPCN to work with the UK’s National Lead Nurse in Neonatal Palliative Care on the revision of the neonatal course and the development of an advanced neonatal course, based on the recently published book on neonatal palliative care. This grant is now closed.

World Child Cancer – Ghana Project

This was a grant/contract with World Child Cancer to undertake a needs assessment and situational analysis for CPC in Ghana. This grant is now closed.

19

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

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 27 FEBRUARY 2024

STATEMENT OF FUNDS – PRIOR YEAR

STATEMENT OF FUNDS – PRIOR
YEAR
Unrestricted funds
General Fund
US Funds
Isabella Seragnoli Fondazione
Restricted funds
eLearning Funds
HebFfin
True Colours Trust Neonatal
Education Fund
St. Jude Children's Hospital
Isabella Seragnoli Fondazione
WHO Iraq CPC Project
World Child Cancer
Imperial College London
Horizon 20-20 / MyPal
Total of funds		 Balance at 28
February
2022
Income
Expenditure
Transfers
In/Out
Balance at
27 February
2023
£
£
£
£
£
1,111
36,830
(19,508)
-
18,433
-
7,390
(7,390)
-
-
-
-
-
(1,732)
(1,732)
1,111
44,220
(26,898)
(1,732)
16,701
(193)
1,450
(1,257)
-
-
-
5,000
(5,000)
-
-
5,000
21,822
(23,435)
-
3,387
2,088
8,175
(10,205)
-
58
(893)
15,000
(15,839)
1,732
-
-
20,238
(20,238)
-
-
-
5,960
(5,430)
-
530
74
-
-
-
74
11,017
-
(11,017)
-
-
17,093
77,645
(92,421)
1,732
4,049
18,204
121,865
(119,319)
-
20,750

12. ANALYSIS OF NET ASSETS BETWEEN FUNDS

ANALYSIS OF NET ASSETS BETWEEN FUNDS - CURRENT YEAR

Tangible fixed assets
Accounts Receivable
Cash at bank and in hand
Amounts falling due within one year
Net Assets		 Unrestricted
Funds
2024
£
Restricted
Funds
2024
£
Total
Funds
2024
£
552
-
552
5,000
6,274
11,274
56,243
113,298
169,541
(5,830)
(115,445)
(121,275)
55,965
4,127
60,092

20

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

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 27 FEBRUARY 2024

ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR

Accounts Receivable
Cash at bank and in hand
Amounts falling due within one year
Net Assets		 Unrestricted
Funds
2023
£
Restricted
Funds
2023
£
Total
Funds
2023
£
-
5,000
5,000
24,100
(374)
23,726
(7,399)
(577)
(7,976)
16,701
4,049
20,750

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 £1,277 (2023: £1,135).

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 27 February 2024 £ 5,630
Total liabilities as at 27 February 2024 £ 938
Total funds as at 27 February 2024 £ 4,692
Gross income for the year ended 27 February 2024 £ 43,588
Expenditure for the year ended 27 February 2024 £ 46,176
Deficit for the year 27 February 2024 £ 2,588

Figures converted from South African Rand into British Pound at rates provided by XE.com.

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