ICP SUPPORT
a Charitable Incorporated Organisation
ANNUAL REPORT AND INDEPENDENTLY EXAMINED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
Annual Report and Financial Statements for the Year Ended 31 December 2024
ICP Support Charity Registration: 1146449 Charitable Incorporated Organisation: CEO39296
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ICP Support
Annual Report and Financial Statements For the year ended 31[st] December 2024
Contents
Page(s)
| Trustees’ Annual Report | 3 to 9 |
|---|---|
| Independent Examiner’s Report | 10 |
| Statement Of Financial Activities (SoFA) | 11 |
| Balance Sheet | 12 |
| Notes to the Financial Statements | 13 to 20 |
ICP Support Charity Registration: 1146449 Charitable Incorporated Organisation: CEO39296
Annual Report and Financial Statements for the Year Ended 31 December 2024
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ICP Support
Annual Report and Financial Statements For the year ended 31[st] December 2024
The trustees are pleased to present their annual report together with the financial statements of the charity for the year ending 31st December 2024. The financial statements comply with the Charities Act 2019, the Constitution (formerly the Memorandum and Articles of Association), and 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).
Chair of Trustees’ Report
2024 has proved to be an exciting but challenging year for ICP Support, with our founder and CEO, Jenny Chambers, stepping down in early 2024. We have been so grateful to our supporters and small team who have been dedicated to maintaining the support and information offered. We are delighted to have appointed a new CEO, Katy Crabbe, in January 2025 who will be able to support the charity to continue to thrive and deliver its core aims.
We thank all our supporters who have donated to ICP over 2024 – we could not provide the services we do without your help – and it means we can continue to help fund research, support women and their families, and enable us to fulfil our aim that every ICP baby is born safely.
A key moment for me in September 2024 was our extremely successful Ball, which raised much needed funds, as well as honouring our outgoing CEO and Founder who has helped and supported countless women and families. As Chair, I can honestly say that whilst this last year has been challenging, I remain honoured to be a part of such a fantastic charity and I am excited to see what opportunities await us in 2025.
Jenny Hastings - Chair of Trustees
Objectives and Activities
The object for which the charity has been established is the relief of sickness and preservation of good health among women affected by the liver conditions of pregnancy called obstetric cholestasis, also known as intrahepatic cholestasis of pregnancy (ICP). In particular but not exclusively by:
1) Providing information and support to women affected by ICP and their families
2) Advancing education of the condition for public benefit.
3) Promoting, supporting and raising funds for research into the condition. The useful results of which will be disseminated for the benefit of the public.
The work of the charity is to ensure that all pregnant women and all health professionals who provide care for them are aware of this potentially devastating condition. This is vital if unborn ICP babies are to be better protected.
ICP Support Charity Registration: 1146449 Charitable Incorporated Organisation: CEO39296
Annual Report and Financial Statements for the Year Ended 31 December 2024
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When reviewing the company’s aims and objectives and planning future activities, the trustees confirm that they have referred to the Charity Commission’s guidance on public benefit.
ICP Support relies on grants and income from fees to cover its operational costs. The Trustees monitor the operational costs and level of liquidity to ensure the Charity can meet its objectives.
Providing information and support to women affected by ICP and their families.
Social media and our Support and Information email and line continue to be the channels through which we provide information and support and deliver public benefit. Our most popular point of access for information and support on ICP is still through our social media groups.
We have several Facebook groups and a Facebook page. At the end of 2024 the main group had over 10,000 members. Our Facebook page has 7,400 followers, the Beyond Birth (postnatal) Facebook group has 2,700 members and continues to grow rapidly - there is a noted demand for providing support to women who continue to have ICP-related issues after their babies are born, right the way through to menopause.
The Health Professionals group has grown from 394 members to 428, but activity is still light. Information is also disseminated through X (formerly Twitter), Instagram and Threads, where engagement continues to increase substantially.
Other sources of information continue to be through our website and our generic information leaflet.
Advancing education of the condition for public benefit.
We have continued to innovate in our efforts of raising awareness and providing information on ICP to anyone affected by ICP. Various infographics have been produced and are based on research findings. Utilised across our various social media platforms and website, they provide an accessible way for professionals and users to access up to date evidence on ICP.
ICP Support Charity Registration: 1146449 Charitable Incorporated Organisation: CEO39296
Annual Report and Financial Statements for the Year Ended 31 December 2024
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Collaborative Work
We have continued our collaborative work with other organisations, and this year the organisations we have worked with include: Pregnancy and Baby Charities Network, Baby Loss Awareness Week, Consortium EASL (European Association for the Study of the Liver), Covid-19 Enquiry.
Promoting and supporting research into the condition.
The NIHR (National Institute for Health Research) has an expectation that research conducted in the UK involves the patients (or patient organisations) representing the condition being researched. This is referred to as PPI (Patient and Public Involvement), and ICP Support has been at the forefront of PPI since the charity’s inception in the 1990s. This takes the form of being involved with the design of studies into ICP, conducting surveys that help researchers to know whether their research intentions are feasible and facilitating the recruitment of participants to the actual studies. This year we have worked with Professor Catherine Williamson from Imperial College, London and we have also continued our work with Professor Bill Hague from Adelaide, Australia.
Grants Awarded to ICP Support in 2024:
The D'Oyly Carte Charitable Trust £5k for core costs
Foyle Foundation £5k for core costs
Richer Sounds £10,000 funding towards education training videos
The Richer Sounds grant will be carried forward and spent in 2025.
Future Plans:
In 2025 ICP Support will outline several strategic plans aligned to its aims and objectives and to advance its vision of ‘every baby being born healthy’. The charity aims to enhance its services by expanding its volunteer network to enable us to offer a diverse background of volunteers for our service users. Trustees further aim to establish a renewed funding strategy and increase engagement with women who have a higher risk of developing ICP.
ICP Support Charity Registration: 1146449 Charitable Incorporated Organisation: CEO39296
Annual Report and Financial Statements for the Year Ended 31 December 2024
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Public Benefit
The trustees confirm that when setting the objectives and planning the activities of ICP, they have considered and complied with the Charity Commission guidance on Public Benefit.
Financial Review
The charity started the year with unrestricted cash reserves of £30,944 available to finance the day-to-day operations of the charity. The balance has increased from 2023 with successful fundraising, particularly from the September Ball, and also with £10,000 in unrestricted grants towards our core costs. We ended 2024 with £44,509 in unrestricted reserves representing approximately 12 months expenditure.
The charity’s focus for 2024 continued to be on fundraising to try to ensure that the operational costs to the charity were met and to provide a basis for growth in the future. Unrestricted income for 2024 was £102,171, which was an increase of 49.4% on the previous year. This was mainly due to the fundraising Ball and unrestricted grants received. As ever, we are proud of the amount raised and thankful for the continued generosity of our donors and patrons, particularly with the continuing financial challenges in the charity sector.
The trustees continue to operate with a Finance Committee that oversees and discusses the financial objectives of the charity, looks at pay and remuneration, and monitors cashflow and future income and expenditure. The committee continues to meet monthly, and the Treasurer circulates a summary of the discussion points and any proposals to all Trustees. The Finance Committee does not have approval rights, and any final proposals are approved at the next full Trustees’ Meeting.
Expenditure continued to be on operational activities overall, with more spent on fundraising activities, particularly the Ball, than in 2023.
Overall, the charity had a surplus of income over expenditure of £13,565. This means that at the end of 2024 the charity had unrestricted cash reserves of £44,509, which allows us to continue our work through 2025. However, we are conscious that continuing to raise funds and obtain grants is imperative to allow ICP support to continue to support those affected by ICP.
In addition, we hold an unspent grant of £10,000 from Richer Sounds towards the costs of funding educational videos for GPs and other medical professionals.
With the grant giver’s permission we have retained this grant to allow the project to be undertaken following the appointment of our new CEO in February 2025.
Policy & Reserves
An average unrestricted cash balance of at least three months’ expenditure will always be maintained. There are no plans to invest any of the monies held.
ICP Support Charity Registration: 1146449 Charitable Incorporated Organisation: CEO39296
Annual Report and Financial Statements for the Year Ended 31 December 2024
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Reference and administrative details:
Registered Charity Name ICP Support Charity Number 1146449 – England and Wales
Charitable Incorporated Organisation CEO39296
Registered Office 69 Mere Green Road Sutton Coldfield West Midlands B75 5BY
Trustees J Hastings Chair K Symons H Owen C Manchester Appointment ended August 2024 N Brown K Crabbe Appointment ended October 2024 T Smith Appointment ended March 2024 J Gray P Dixon S Flower Appointed May 2024 S Coaker Appointed May 2024 D Wilson Appointed September 2024
Independent Examiner Michelle Nisbet 6 Norman Ave Coventry CV2 2NR
Bankers
Co-Operative Bank
Structure, governance and management
The charity is set up as a charitable incorporated organisation and is registered with the Charity Commissioners under registration number 1146449.
For the 2024 reporting period, the Charity was controlled by its governing document a deed of trust, and constituted a company, limited by guarantee, as defined by the Companies Act 2006. The Charity reported to both Companies House and the Charity Commission as a Company Limited by Guarantee and Registered Charity.
During the year, the Charity applied to convert to a Charitable Incorporated Organisation (CIO.) The Charitable Incorporated Organisation (CIO) was registered with the Charity Commission on 4 March 2025, replacing the previous company limited by guarantee of the same name. The charity continues to report to the Charity Commission but is no longer governed by Companies House.
ICP Support Charity Registration: 1146449 Charitable Incorporated Organisation: CEO39296
Annual Report and Financial Statements for the Year Ended 31 December 2024
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ICP Support is governed by its Charitable Incorporated Organisation Foundation Constitution that sets out the objectives and powers of the charity under the constitution. These remain unchanged. The charity is managed by a Board of Trustees. Individual trustees are appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees.
Day-to-day management of the organisation is delegated to the CEO. The Chair supervises the CEO, and the CEO supervises other staff members and volunteers. Trustees are recruited through personal recommendation and/or by invitation and are people whose abilities and aims are in tune with those of the company’s charitable purpose.
In terms of process, candidates meet, in the first instance, with the Chair and CEO. They are then invited to attend an additional interview with other Trustees before being accepted.
Once appointed, all new Trustees have a period of induction and are provided with key information relating to their rights and responsibilities.
All trustees give their time voluntarily and receive no remuneration or other benefits.
Risk Management
The Trustee Board has conducted its own review of the major risks to which the charity is exposed, and systems have been established to mitigate those risks. Internal risks are minimised by the implementation of procedures for authorisation of all transactions and projects and for ensuring the consistent quality of the delivery of all operational aspects of the charitable company. These procedures are periodically reviewed to ensure that they still meet the needs of the charity and comply with external regulations and requirements.
Statement of Trustee Responsibilities
The trustees are responsible for preparing the Trustees’ Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The Charities Statement of Recommended Practice (SORP) requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of incoming resources and application of resources, including the receipts and payments of the charity for that year.
In preparing those financial statements, the trustees are required to:
-
select suitable accounting policies and apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgments and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
ICP Support Charity Registration: 1146449 Charitable Incorporated Organisation: CEO39296
Annual Report and Financial Statements for the Year Ended 31 December 2024
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The Trustees declare that they have approved the trustees’ report above.
Signed on behalf of the Charity’s Trustees:
| Full Name(s) | Jenny Hastings | Peter Dixon |
|---|---|---|
| Signature: | ||
| Date: | 28 April 2025 | 28 April 2025 |
ICP Support Charity Registration: 1146449 Charitable Incorporated Organisation: CEO39296
Annual Report and Financial Statements for the Year Ended 31 December 2024
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Independent examiner's report on the accounts
Independent Examiner’s Report
| Report to the trustees of | ICP Support | ICP Support | ICP Support |
|---|---|---|---|
| On accounts for the year ended |
31 December 2024 |
Charity no CEO no |
1146449 CEO39296 |
| Set out onpages | |||
| Responsibilities and basis of report |
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended31/12/2024. As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. |
||
| Independent examiner's statement |
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: • the accounting records were not kept in accordance with section 130 of the Charities Act; or • the accounts did not accord with the accounting records; or • the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination. I have no concerns and 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 |
||
| Signed: | Date: | 17/04/2025 | |
| Name: | Michelle Nisbet | ||
| Professionalqualification: | CIMA Qualified | ||
| Address: | 6 Norman Ave | ||
| Coventry | |||
| CV2 2NR |
Annual Report and Financial Statements for the Year Ended 31 December 2024
ICP Support Charity Registration: 1146449 Charitable Incorporated Organisation: CEO39296
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| ICP Support | ICP Support | ICP Support | Charity No | 1146449 | 1146449 | ||
|---|---|---|---|---|---|---|---|
| Charitable Incorporated Organisation |
CE039296 (registered 4/3/2025) |
||||||
| Annual accounts for the period | |||||||
| Period start date | 01/01/2024 | To | Period end date |
31/12/2024 | |||
Section A Statement of financial activities (including summary income and expenditure account)
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Restricted
Unrestricted income Endowment Total funds Total funds
Recommended categories by activity funds funds funds 2024 2023
£ £ £ £ £
Income (Note 3) F01 F02 F03 F04 F05
Income and endowments from:
Donations and legacies S01 £82,195 £10,000 £0 £92,195 £62,791
Charitable activities S02 £19,976 £0 £0 £19,976 £5,593
Other trading activities S03 £0 £0 £0 £0 £0
Investments S04 £0 £0 £0 £0 £0
Separate material item of income
S05 £0 £0 £0 £0 £0
Other S06 £0 £0 £0 £0 £0
Total S07 £102,171 £10,000 £0 £112,171 £68,383
Expenditure (Notes 6)
Expenditure on:
Raising funds S08 £10,737 £0 £0 £10,737 £6,059
Charitable activities S09 £77,869 £0 £0 £77,869 £82,468
Separate material expense item S10
Other S11 £0 £0 £0 £0 £0
Total S12 £88,606 £0 £0 £88,606 £88,527
Net income/(expenditure) before tax
for the reporting period S13 £13,565 £10,000 £0 £23,565 -£20,143
Tax payable S14 £0 £0 £0 £0 £0
Net income/(expenditure) after tax
before investment gains/(losses) S15 £13,565 £10,000 £0 £23,565 -£20,143
Net gains/(losses) on
investments S16 £0 £0 £0 £0 £0
Net income/(expenditure) S17 £13,565 £10,000 £0 £23,565 -£20,143
Extraordinary items S18 £0 £0 £0 £0
Transfers between funds S19 £0 £0 £0 £0 £0
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the
charity’s ow n use S20 £0 £0 £0 £0 £0
Other gains/(losses) S21 £0 £0 £0 £0 £0
Net movement in funds S22 £13,565 £10,000 £0 £23,565 -£20,143
Reconciliation of funds:
Total funds brought forw ard S23 £30,944 £0 £0 £30,944 £51,087
Total funds carried forward S24 £44,509 £10,000 £0 £54,509 £30,944
Guidance
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The Statement of Financial Activities includes all gains and losses recognized in the year. All income and expenditure derive from continuing activities.
Annual Report and Financial Statements for the Year Ended 31 December 2024
ICP Support Charity Registration: 1146449 Charitable Incorporated Organisation: CEO39296
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ICP Support Charity No 1146449
Charitable Incorporated Organisation
No CE039296
Section B Balance sheet as at 31 December 2024
Restricted
Unrestricted income Endowment Total Total
funds funds funds 31/12/2024 31/12/2023
£ £ £ £ £
Fixed assets F01 F02 F03 F04 F05
Intangible assets (Note 15) B01 - - - - -
Tangible assets (Note 14) B02 - - - - -
Heritage assets (Note 16) B03 - - - - -
Investments (Note 17) B04 - - - - -
Total fixed assets B05 - - - - -
Current assets
Stocks (Note 18) B06 - - - - -
Debtors (Note 19) B07 900 - - 900 3,101
Investments (Note 17.4) B08 - - - - -
Cash at bank and in hand (Note 24) B09 44,310 10,000 - 54,310 30,143
Total current assets B10 45,210 10,000 - 55,210 33,243
Creditors: amounts falling due
within one year (Note 20) B11 701 - - 701 2,299
Net current assets/(liabilities) B12 44,509 10,000 - 54,509 30,944
Total assets less current liabilities B13 44,509 10,000 - 54,509 30,944
Creditors: amounts falling due
after one year (Note 20) B14 - - - - -
Provisions for liabilities B15 - - - - -
Total net assets or liabilities B16 44,509 10,000 - 54,509 30,944
Funds of the Charity
Endowment funds (Note 27) B17 - - -
Restricted income funds (Note 27) B18 10,000 10,000 -
Unrestricted funds B19 44,509 - 44,509 30,944
Revaluation reserve B20 -
Fair value reserve B21
Total funds B22 44,509 10,000 - 54,509 30,944
Guidance
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The notes at pages 13 to 20 form an integral part of these accounts.
Approved by the Trustees on 28 April 2025 and signed on their behalf by:
D J Wilson, Treasurer
Annual Report and Financial Statements for the Year Ended 31 December 2024
ICP Support Charity Registration: 1146449 Charitable Incorporated Organisation: CEO39296
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. Accounting Policies
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
1.1. Basis of preparation
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts 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 2019) Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
ICP Support meets the definition of a public benefit entity under FRS 102.
1.2. Preparation of the accounts on a going concern basis
The charity reported total unrestricted funds at the year-end of £44,509 and has fundraising strategies in place. The trustees are of the view that the immediate future of the charity for the next 12 to 18 months is secure and that on this basis the charity is a going concern.
The financial statements have been prepared on a going concern basis. In making their assessment the trustees have reviewed and considered relevant information, including their annual budget and future cash flows. The trustees are of the view that the immediate future of the charity for the next 12 months is secure and that on this basis the charity is a going concern.
1.3. Recognition of income
All incoming resources are included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received. Donations and legacies, including core grants, sponsorship and gifts, are included in full in the Statement of Financial Activities when received.
1.4. Offsetting
There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.
1.5. Grants and donations
Income from grants is recognised when the charity has entitlement to the funds, any
ICP Support Charity Registration: 1146449 Charitable Incorporated Organisation: CEO39296
Annual Report and Financial Statements for the Year Ended 31 December 2024
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performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Income received in advance of the provision of a specified service is deferred until the criteria of income recognition are met. Grants received for a specific purpose are treated as restricted funds.
1.6. Volunteer help
The value of volunteer help received is not included in the accounts .
1.7. Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank. There were no funds held on deposit in 2024
1.8. Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of the charity.
Restricted funds are grants or donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken.
1.9. Liability recognition
Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.
1.10. Charitable activities
Expenditure on charitable activities includes the activities undertaken to further the purposes of the charity and their associated support costs.
1.11. Creditors
The charity has creditors which are measured at settlement amounts less any trade discounts.
1.12. Fixed Assets
The charity does not currently have any tangible fixed assets.
1.13. Cash and Cash Equivalents
Cash and cash equivalents include cash in hand and deposits held at call with banks.
1.14. Taxation
The CIO is considered to pass the tests set out in paragraph 1, Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable organisation for
Annual Report and Financial Statements for the Year Ended 31 December 2024
ICP Support Charity Registration: 1146449 Charitable Incorporated Organisation: CEO39296
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UK tax purposes. Accordingly, the charity is exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3, Part II, Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are used exclusively for charitable purposes.
1.15. Retirement Benefits
ICP Support operates an auto-enrolment scheme for its employees and contributes to this scheme. The pension provider is People Pension.
1.16. Leases
The charity classifies the office rental lease as an operating lease, where substantially all of the benefits and risks of ownership remain with the lessor. Rental charges are charged on a straight line basis over the term of the lease.
1.17. Allocation of support and governance costs
Support costs are those that assist the work of the charity but do not directly represent charitable activities and include governance costs, administrative office function costs, HR & recruitment and premises costs. They are incurred directly in support of expenditure on the objects of the charity.
Governance costs comprise all costs involving the public accountability of the charity and its compliance with regulation and good practice.
Support and governance costs have been allocated 100% to the charitable activity.
ICP Support Charity Registration: 1146449 Charitable Incorporated Organisation: CEO39296
Annual Report and Financial Statements for the Year Ended 31 December 2024
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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024
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Note 3 Income
Restricted
Unrestricted income Total funds
Analysis of income funds funds 2024 2023
£ £
Donations Donations and gifts 65,545 - 65,545 47,262
and Gift Aid 6,650 - 6,650 5,079
- - -
legacies: Legacies
General grants provided by
government/other charities 10,000 10,000 20,000 10,450
Membership subscriptions and
sponsorships which are in substance
donations - - -
Donated goods, facilities and services - - - -
Other - - -
Total 82,195 10,000 92,195 62,791
Charitable Fundraising
- -
activities: 15,343 15,343
-
Lottery 3,267 3,267 3,285
Sales 156 - 156 135
Raffle 1,210 - 1,210 2,173
Total 19,976 - 19,976 5,593
TOTAL INCOME 102,171 10,000 112,171 68,383
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ICP Support Charity Registration: 1146449 Charitable Incorporated Organisation: CEO39296
Annual Report and Financial Statements for the Year Ended 31 December 2024
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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
| Note 6 Expenditure | Note 6 Expenditure | ||||||
|---|---|---|---|---|---|---|---|
| 2024 | 2023 | ||||||
| Analysis | Unrestricted funds |
Restricted income funds |
Total funds 2024 |
Unrestricted funds |
Restricted income funds |
Total funds 2023 |
|
| Expenditure on raising funds: | £ | £ | |||||
| Grant Application Costs | - | - | - | 4,500 | - | 4,500 | |
| Fundraising Costs | 9,723 | - | 9,723 | 581 | - | 581 | |
| Lottery Winners | 1,014 | - | 1,014 | 978 | - | 978 | |
| Charity Ball costs | - | - | - | - | - | ||
| Total expenditure on raising funds | 10,737 | - | 10,737 | 6,059 | - | 6,059 | |
| Expenditure on charitable activities: | |||||||
| Research Payments | - | - | - | - | - | - | |
| Conferences and Exhibitions | 1,487 | - | 1,487 | - | - | - | |
| Newsletters/Surveys | 588 | - | 588 | 877 | - | 877 | |
| Salaries and staff costs | 65,096 | - | 65,096 | 68,861 | - | 68,861 | |
| Payroll Administration | 861 | - | 861 | 558 | - | 558 | |
| Rent | 3,000 | - | 3,000 | 3,000 | - | 3,000 | |
| Insurance | 307 | - | 307 | 306 | - | 306 | |
| IT Support | 2,250 | - | 2,250 | 5,400 | - | 5,400 | |
| Website Hosting | 559 | - | 559 | 731 | - | 731 | |
| Office Equipment | - | - | - | - | - | ||
| Statutory costs | 334 | - | 334 | 13 | - | 13 | |
| Subscriptions/Memberships | 395 | - | 395 | 436 | - | 436 | |
| Recruitment | 199 | 199 | |||||
| Sundry | 183 | - | 183 | 519 | - | 519 | |
| Postage, telephones and stationery | 384 | - | 384 | 417 | - | 417 | |
| Training | 119 | - | 119 | 656 | - | 656 | |
| Travel | 129 | - | 129 | 124 | - | 124 | |
| Finance System | 302 | 302 | |||||
| Card Payment & Platform Fees | 1,566 | 1,566 | |||||
| Independent Examiners Fee | - | - | - | ||||
| Trustee expenses | - | - | 109 | - | 109 | ||
| Trustee meetings | 110 | - | 110 | 460 | - | 460 | |
| Total expenditure on charitable |
77,869 | - | 77,869 | 82,468 | - | 82,468 | |
| ~~ti iti~~ | |||||||
| TOTAL EXPENDITURE | 88,606 | - | 88,606 | 88,527 | - | 88,527 |
Annual Report and Financial Statements for the Year Ended 31 December 2024
ICP Support Charity Registration: 1146449 Charitable Incorporated Organisation: CEO39296
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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
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Note 11 Paid employeesployeesloyeesyeesees
11.1 Staff Costs
2024 2023
£ £
Salaries and wagesgeses 64,248 67,790 ,248 67,790 248 67,790 ,790 790
Social security costsy costs costs
Pension costs (defined contribution scheme)(defined contribution scheme)defined contribution scheme)) 848 1,071 ,071 071
Other employee benefitsployee benefitsloyee benefitsyee benefitsee benefits - -
Total staff costs 65,096 68,861
No employees received employee benefits (excluding employer pension costs) for the reporting
period of more than £60,000 (2023 None)
2024 2023
11.2 Average head count in the year
Number Number
Total
2.5555 2.41
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Note 11 Paid employeesployeesloyeesyeesees
11.1 Staff Costs
2024 2023
£ £
Salaries and wagesgeses 64,248 67,790 ,248 67,790 248 67,790 ,790 790
Social security costsy costs costs
Pension costs (defined contribution scheme)(defined contribution scheme)defined contribution scheme)) 848 1,071 ,071 071
Other employee benefitsployee benefitsloyee benefitsyee benefitsee benefits - -
Total staff costs 65,096 68,861
No employees received employee benefits (excluding employer pension costs) for the reporting
period of more than £60,000 (2023 None)
2024 2023
11.2 Average head count in the year
Number Number
Total
2.5555 2.41
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Note 12 Defined contribution pension scheme or defined benefit scheme
accounted for as a defined contribution scheme.
2024 2023
£ £
Amount of contributions recognised in the SOFA as an 848 1,071
expense
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| Note 19 Debtors and prepayments | Note 19 Debtors and prepayments | Note 19 Debtors and prepayments | ||
|---|---|---|---|---|
| 19.1 Analysis of debtors | ||||
| 2024 | 2023 | |||
| £ | £ | |||
| Trade debtors | - | - | ||
| Prepayments and accrued income | - | |||
| Other debtors | 900 | 3,101 | ||
| Total | 900 | 3,101 |
Annual Report and Financial Statements for the Year Ended 31 December 2024
ICP Support Charity Registration: 1146449 Charitable Incorporated Organisation: CEO39296
Page | 18
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
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Note 20 Creditors and accruals
20.1 Analysis of creditors
Amounts falling due Amounts falling due
within one year after more than one year
2024 2023 2024 2023
£ £ £ £
Accruals for grants payable - - - -
Bank loans and overdrafts - - - -
Trade creditors 180 - -
Payments received on account for
contracts or performance-related grants - - - -
Accruals and deferred income - - - -
Taxation and social security 521 2,299 - -
Other creditors - - - -
Total 701 2,299 - -
Note 24 Cash at bank and in hand
2024 2023
£ £
Short term cash investments (less than 3 months maturity date) - -
Short term deposits - -
Cash at bank and on hand 54,310 30,143
Other - -
Total 54,310 30,143
Note 27 Charity funds
27.1 Details of material funds held and movements during the CURRENT reporting period
Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds,
including special trusts, of the charity; and U - unrestricted funds
Type Fund Fund
PE, balances balances
EE R Purpose and Restrictions brought carried
or forward Income Expenditure forward
Fund names UR * £ £ £ £
Richer Sounds R Education Training Videos - 10,000 - 10,000
- - - -
Other funds (balancing
figure) N/a N/a - - - -
Total Funds as per balance sheet - 10,000 - 10,000
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ICP Support Charity Registration: 1146449 Charitable Incorporated Organisation: CEO39296
Annual Report and Financial Statements for the Year Ended 31 December 2024
Page | 19
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024
Note 28 Transactions with trustees and related parties
28.1 Trustee remuneration and benefits:
None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (2023 Nil)
28.2 Trustee expenses:
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2024 2023
Type of expenses reimbursed
£ £
Travel
92 54
Subsistence - 55
TOTAL 92 109
The number of trustees reimbursed for expenses or who had
1 1
expenses paid by the charity
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28.3 Transactions with related parties:
| Name of the trustee or related party |
Relationship to charity |
Description of the transaction(s) |
**2024 Amount ** | Balance at period end |
2024 Amount |
2023 Amount |
Amounts written off during reporting |
|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ |
|||
| Mr Ian Kingston | Husband of CEO (retired March 2024) |
Provision of IT Support, Maintenance of Website and social media pages |
1,350 | - | 1,350 | 5,400 | - |
ICP Support Charity Registration: 1146449 Charitable Incorporated Organisation: CEO39296
Annual Report and Financial Statements for the Year Ended 31 December 2024
Page | 20