Charity registration number 1146622 (England and Wales) Company registration number 7888187 SUPPORT FOR THE SICK NEWBORN AND THEIR PARENTS ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024
SUPPORT FOR THE SICK NEWBORN AND THEIR PARENTS LEGALAND ADMINISTRATIVE INFORMATION Trustees Mrs Laura Askew Mrs Kerri Knibbs Mrs Nicky Boughton Mr Drew Brown Mr Luke Froude Dr Nicholas Ives Mr Dan Kimpton Mr Alan Sowden Mr Paul vincent Mrs Gemma Brown MrsAmy Lamb Mr Mandeep Tumbler Mr Gary Foote (Appointed 1 November 2023) (Appointed 11 August 2023) (Appointed 1 March 2023) Secretary Mrs Kerri Knibbs Charity number 1146622 Company number 7888187 Registered office Level 2 The Women's Centre John Radcliffe Hospilal Oxford OX3 9DU Independent examiner Critchleys Audit LLP First Floor. Park Central 4041 Park End Street Oxford OX1 1JD Bankers Barclays Bank plc Oxford Branch 54 Commarket Street Oxford OX13HB CAF Bank limited 25 Kings HillAvenue Kings Hill West Malling Kent ME19 4JQ
SUPPORT FOR THE SICK NEWBORN AND THEIR PARENTS CONTENTS Page Trustees, report Statement of Trustees, responsibilities Independent examinerfs report Statement of financial adiviiies Balance Sheet Noles to the financial ststements 9-15
SUPPORT FOR THE SICK NEWBORN AND THEIR PARENTS TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) FOR THE YEAR ENDED 29 FEBRUARY2024 The Trustees present their annual report and financial statements for the year ended 29 February 2024. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial slatements and comply with the Charity's goveming documenl. Ihe Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Pradice 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)" STATUS AND ADMINISTRATION The Company was incorporated under the Companies Act on the 20 December 2011 and registered under number 7888187. On 1 March 2012 all the assets. liabilities and on-going activities of SSNAP the unincorporated charity were transferred to the Company. CONSTITUTION SSNAP was established by Trust Deed on 9 July 1982, and reregistered as a company in 2011. Under its Memorandum and Articles of Association SSNAP'S objectives are promoting the relief of Sickness of babies who al any time after their birth were or are Irealed in the New born Care Unit or the neo-natal nursery of the John Radcliffe H05pilal'. and furthering the education of and the advancernenl of research by persons who are associated wilh the John Radcliffe Hospital engaged in Ihe medical nursing or other care of babies and infants. In meeting these objectives SSNAP has the power to make grants to the needy parents of babies referred to above to enable Ihem to visit the hospital frequently or to stay near the hospital.. to arrange accommodation for parents who have to stay near the hospital- to provide logistical and emotional support ServIS to parents and to provide funding for such support services- to provide medical equipment.. to award scholarships, exhibitions, bursaries or maintenanrE allowances tenable at any hospital, school or university or other educational establishment approved by the Directors to persons eligible to benefit and who are in need of financial assislance- and to award such persons granls or maintenance allowances to enable them to travel whether in the United Kingdom or abroad in furtherance of their education, training or research. Objectives and activities SSNAP has continued to meet its core objectives and mission over Ihe past year. The mission of the Chariiy can be broadly divided into four areas of focus Parent Support, Family Care, Nurse Training. Unit Equipment and Research. Parent SupportlFamily Care Helping parents of babies who are spending lime in neonatal care is a core objective of the Charity. Over the past year. we have not been required to direclly fund accommodation to the same extent as previous years due to the new onsite facility. However. we have seen a continued inease in requirements to support families with food, Iravel and other costs where they have a prolonged stay in hospital. There are many families on low incomes and with omplex circumstances who need to travel long distances to visit Iheir babies in the unit. Our Family Care Team provide over 75 hours per week of practical and emotional support to parents and families. Since 2022, we now have 7 days per week support available from the family support team, providing care at the time il is needed most. and also able to provide support to family members who are only able to visit on weekends. We also have a team of volunteers who provide refreshments to families on the unit, as well as peer support. Our Family Care team also support bereaved parents and their families during some of the most difficull times. Last bul by no means least, we are delighted to have cornpleted our first full year of providing our little Ssnaplings group. Through this we offer parent and babyltoddler sessions at several locations across the county, offering specific activities which are relevant to parents and babies who have been Ihrough the neonatal unit. to support5 Ihe babies, development and to provide ongoing support to the parentslcarers after leaving the hospital setting. Through the year we have operated in several locations across the county, supporting numerous families who have experienced life on the unit.
SUPPORT FOR THE SICK NEWBORN AND THEIR PARENTS TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 29 FEBRUARY2024 Nurse Training SSNAP has provided much needed funding for nurses on the untl to attend specialist training courses. There have been a variety of applications and most receive 70-100°k of their funding requests. Unit Equipment SSNAP has committed funds to the provision of clinical and non-clinical equipment needed by the unit in Ihe past year. This year, incorporating our 40 anniversary of operation. we provided numerous small items to the unit and also to family rooms, and also provided some larger equipmenl purthases year based on requirements identified within the unit, such as an Oxygenation machine, cooling mats for overheating babies, a hip examination machine, breast pumps. ultrasound machine and cot for lDS to support the dinical staff in provtding the best care lo babies on the unit. Resèarch In accordance with our strategic decision from previous years. SSNAP has not committed to any new long term research projects in the year. Ihough we will remain open lo consider support for small, relevant projects. Major Risk Factors of SSNAP The Directors maintain a register of the main risks faGing SSNAP, which is reviewed regularly at Board meetings. The Diredors have identified the following major risks of SSNAP and have put systems in place to minimise them: Risk of failing to grow income. The Directors have taken steps to reduce expenditure where possible wilhout affecting service delivery lo ensure SSNAP can meet ils liabililies whilst growing income over the next 12 months. Following on from some extremely strong fundraising years, we made the conscious decision in 2022123 to begin utilising these funds to provide extra care to families and unit staff. as well as investing in our own systems to help the organisation thrive in the future. This has been the theme through 2023124. Confidentiality of client information - SSNAP seeks pemiission from all clientslmembers to hold personal information on the databases. The databases are password protected. All paper systems are kept in locked filing cabinets or cupboards. All of this information is confidential to SSNAP and is not passed on lo any other agency without permission unless required by law. In the previous year, we began the process of moving our databases from various legacy sources onto a single designated platform to aid data seGurity and compliance obligations. This has continued through the current year. Risk of SSNAP staff and volunteers suffering injury or loss- SSNAP has taken out insurance policies which cover members of staff whilst working for SSNAP and volunteers whilst engaged on SSNAP busine5S. Financial systems- financial records. bank statements, cheques and cash are kept securely. Records are kept on computer backed up by a paper system which is maintained by the bookkeeper. Financial controls are in place for authorisation of expenditure, bank transfers and cheques require two signatories. FinanGial reports are produ¢ed and monitored quarterly. Organisational and De¢ision-Making Structure The Directors are ultimately responsible for ensuring that SSNAP is operated properly in accordance with tts Memorandum and Articles ofAssociation and other appropriate regulations. Most decisions are taken by a Board of Directors, comprising the Directors and the Charity Direclor. This Board meets about four times per year. Applications for funding are considered at the meetings along with other matters relating to the governance of SSNAP. All decisions are laken and recorded at the meetings. If there is an urgent matter to be decided belmeen meetings, the produre is for the Chair or Treasurer to circulate a note to all Board members, or an appropriate sub-committee, to seek their decision Managing operations. developing strategy, diversifying and growing funds and the carying oul of Board decisions are the responsibility of the Charity Director who liaises regularly with the Chair. The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities Ihe Gharity should undertake.
SUPPORT FOR THE SICK NEWBORN AND THEIR PARENTS TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 29 FEBRUARY 2024 Strategic report The Board idenlified in 2017 the following priorities- lo expand and invest in our Family Care team- to consider funding bereavement servi5 and facilities- lo collaborate more effectively with other charities- to engage more effectively with our stakeholders,. to lake a more proactive approach to individual and corporate fundraising,. lo diversify our SOurS of funding- to capture feedback and measure our impact more effectively.. and to develop our Board. We have now completed our first fvll year wtth our fundraiser and Little SSNAPlings co-ordinators in place, which has facilitated our Charity Lead to spend more time on strategic objectives, having previously been taking on the fvndraising duties as an interim measure. Achievements and perfom)ance Financial review SSNAP raised income of £323,551 (2023= £328.313) in the year and spent £242.568 (2023.. £215,885) on charitable activities of which £76,096 (2023.. £83,311) was expended on support Gosls. Expenditure on raising fijnds was £128,737 (2023.. £119.710). largely attributable to fundraising salaries and costs of entry into fundraising events such as the Oxford Half Marathon. As at 29 February SSNAP had net assets of £173,080 (2023.. £220,834> which comprised unrestricled general income funds. The deficit of income compared to expenditure was a planned outcome for the year. representing the board's desire to ensure that fvnds raised in previous years were expended in the best interests of the familie5 and unit staff who we exist to support. whilst retaining sufficient reserves to ensure we remain compliant with our reserves policy and best financial practi. Reserves Policy SSNAP operates a reserves policy of retsining sufficient funds to cover operating costs and funding commitments for 6 months. Publie Benefit The Directors confirm that they have complied with the duty in Section 17(5) of the 2011 Charilies Act to have due regard lo the guidance published by the Charity Commission. All our charitable activities focus on the objectives described above and are undertaken to further our charitable purposes for the public benefit. Structure, governance and management The Trustees. who are also the directors for the purpose of company law, and who Seed during the year and up lo the date of signature of the financial statements were= Mrs Laura Askew Mrs Kerri Knibbs Mrs Nicky Boughton Mr Drew Brown Mr Luke Froude Dr Nicholas Ives Mr Dan Kimpton Ms Caroline Pepys MrAlan Sowden Mr Paul Vincent Mrs Gemma Brown Mrs Amy Lamb A Stanbridge Mr Mandeep Tumbler Mr Gary Foote (Resigned 25 October 2024) (Appointed 1 November 2023) (Resigned 1 March 2023) (Appoinled 11 August 2023) (Appointed 1 March 2023)
SUPPORT FOR THE SICK NEWBORN AND THEIR PARENTS TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 29 FEBRUARY2024 The Trustees, r&port. induding the strategic reporL was approved by the Boar stees. rs Kerri Knibbs Trustee Mr Alan Sowden Trustee Date...i]...knw..2OALt
SUPPORT FOR THE SICK NEWBORN AND THEIR PARENTS STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 29 FEBRUARY2024 The Trustees. who are also the directors of Support for the Sick Newbom and Iheir Parents for the purpose of company law, are responsible for preparing the Trustees, Report and the financial statemenls in accordance with applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the stste of affairs of the Charity and of the incoming resources and application of resources, induding the income and expenditure, of the charitable company for that year. In preparing these ffinancial statements, the Twstees are required to= select suitable accounting poliaes and then apply them consistently- obseNe Ihe methods and principles in the Charities SORP- make judgements and eslimates thal are reasonable and prudent- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements- and prepare Ihe 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 adequate accounting records that disclose wilh reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Chartty and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
SUPPORT FOR THE SICK NEWBORN AND THEIR PARENTS C R I T C H L E Y S INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SUPPORT FOR THE SICK NEWBORN AND THEIR PARENTS I report to the Trustee5 on my examination of the financial statements of Support for the Sick Newbom and their Parents (the Charity) for the year ended 29 Febwary 2024. Responsibilities and basis of report As the Trustees of Ihe Charity (and also its directors for the purposes of company law). you are responsible for the preparation of the financial ststements in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the Companies Acl 2006 and are eligible for independent examinalion, I report in respect of my examination of Ihe Charity's financial slatemenls carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by Ihe Charity Commission under section 145(5)(bl of the Charities Act2011. Independent examinerfs statement Since the Charity's gross income exceeded £250,000, the independent examiner must be a member of a body lisled in section 145 of Ihe Charities Act 2011. 1 confirm that l am qualified to undertake the examinalion because I am a member of CIPFAACA. which is one of the listed bodies. I have completed my examination. I confimi that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounling records were not kept in resped of the Charity as required by seclion 386 of the Companies Act 2006. the financial statements do not accord wth those records- or the financial statements do not comply with the accounling requirements of section 396 of the Companies Act 2006 other than any requirement thal Ihe financial statements give a true and fair view. which is not a matter considered as part of an independent examination., or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements in aGrdance with the Finanrial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concems and have come across no other matters in connection with Ihe examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. l.l-L. Hannah Omiston. CIPFAACA For and on behalf of Critchleys Audit LLP First Floor. Park Central 4041 Park End Street Oxford OX1 1JD 16 December 2024 Dated..
SUPPORT FOR THE SICK NEWBORN AND THEIR PARENTS STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 29 FEBRUARY2024 Unrestricted Restricted funds funds 2024 2024 Total Unrestricled funds 2023 Restricted funds 2023 Total 2024 2023 Notes Income from: Donations and gifts Charitable activities Other trading activities Investments 301,891 10,000 1,134 626 9,900 311.791 10,000 1,134 626 312.390 5.000 550 373 9,900 322,290 5,000 550 373 Total income 313,651 9.900 323.551 318,313 9.900 328,213 enditure on: Raising funds 128.737 128,737 119,710 119,710 Charttable activities 231.335 11.233 242.568 207.318 8,567 215,885 Total expenditure 360,072 11,233 371,305 327,028 8.567 335,595 Net expenditure for the yearl Net movement in funds (46,421) (1.333) (47,754) (8.715) 1,333 (7.382) Fund balances at I March 2023 219,501 1,333 220,834 228,216 228,216 Fund balances at 29 February 2024 173.080 173,080 219,501 1.333 220,834 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The statement of financial activities also complies wrth the requirements for an income and expenditure account under the Companies Act 2006.
SUPPORT FOR THE SICK NEWBORN AND THEIR PARENTS BALANCE SHEET AS AT 29 FEBRUARY2024 2024 2023 Notes Current assets Debtors Cash at bank and in hand 11 27,751 157.702 18,475 244,356 185,453 262,831 Creditors: amounts falling due within one year 12 (12,373) (41.997) Net Gurrent assets 173.080 220,834 The funds of the Charity Restricted income funds Unrestrtcted funds 13 14 1,333 219,501 173,080 173.080 220,834 The company is enltt]ed to the exemption from the audit requirement contsined in section 477 of the Companies Acl 2006, for the year ended 29 February 2024. The directors acknowledge their responsibilities for complying with the requiremenls of the Companies Act 2006 with respect to accounting records and the preparation of fjnanaal statements. The members have not required the company to obtain an audit of its financia5 statements for the year in queslion in aGcordance with section 476. These financial stalemenls have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The fin ial statement5 were approved by the Tnjstees on ...... V,.J4r, 2oLq MrAlan Sowden Trustee Company registralion number 7888187 (England and Wales)
SUPPORT FOR THE SICK NEWBORN AND THEIR PARENTS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY2024 Accounting policies Charity inforniation Support for the Sick Newbom and their Parents is a private company limited by guarantee incorporated in England and Wales. The registered office is Level 2. The Women's Centre. John Radcliffe Hospital, Oxford. OX3 9DU. 1.1 Accounting convention The financial statements have been prepared in accordance with the Charity's governing document, Ihe Companies Act 2006, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. {'FRS 102°) and the Charities SORP 'Accounting and Reporting by Charities: Statemenl 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)" {effeclive 1 January 2019). The Charity is a Public Benefit Entity as defined by FRS 102. The Charity has taken advantsge of the prowsions in the SORP for charities not to prepare a Statemenl of Cash Flows. The financial statements are prepared in slerEing, which is the fvnctional currency of the Charity. Monelary amounts in these financial statements are rounded to the nearest £. 1.2 Going concern At the time of approving the financial statements, the Truslees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concem basis of accounting in preparing the financial statements. 1.3 Accumulated Fund The Charity's acGumulated fund consists of funds which the Charity may use for its purposes at ils discretion. Designated funds are unrestricted funds which have been designated for a specific purpose. Restricted funds are funds which have been restricted for a specific putpose. 1.4 Income Voluntary Income: All donations are included in income upon certainty of re[pt. Donations under gift aid. together with the associated income tax recovery. are recognised as income when the donation is received. Granls are recognised as income when they are entitled to the income. Covenant income has been categorised as fundraising. Investment Income: Credit is taken for interest when the interesl is due rather than when it is credited by the bank. Annual Subscriptions SubscrÈptions are included in income when they are reived. 1.5 Expenditure Expenditure is recognised on an accrual basis as a liability is incurred. Expendilure includes any value added tax and is reported as part of the expenditure to which it relates: Costs of generaling funds relate to those costs incurred through fundraising activities.
SUPPORT FOR THE SICK NEWBORN AND THEIR PARENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 29 FEBRUARY 2024 Accounting policies (Continued) Charitable expenditure comprises Ihose costs incurred by the Charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Governance costs indude those cost5 associated with meeting the constitutional and statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the Charity, Support costs have been apportioned between charitable activities on the following basis, in accordance with time spenl.. Family Support Little SSNAPlings Neonalal and non-medical equipment 70° 15% 15°h Equipment purchased for the New born Care Unit Equipment purchases are recorded at the time the Board of SSNAP authorises the purchase and this is communicated to the Unit. 1.6 Tangible fixed assets Depreciation is calculated to write down the cost of tsngible fixed assets by equal annual inslallments over their expected usefvl lives. The rate applicable to all fixlures and fittings is three years. 1.7 Financial instruments The charitable company only has financial assets and financial liabilities of a kind that qualify as basi¢ financial instrument5. Basic financial instruments are initially re¢ognised at transaction value and subsequently measured al their settlement value. 1.8 Debtors Other debtors are recognised at their transaction value and prepayments are valued at the amount prepaid. 1.9 Creditors Credilors are recognised where the Chartty has a piesent obligalion resulting from a past event thal will probably resull in Ihe transfer of funds to a Ihird party and the amount due to settte the obligation can be measured or estimated reliably. Credilors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Critical accounting estimates and judgements In the application of the Charity's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumption5 are based on historical experience and other factors that are nsidered to be relevant. Actual results may differ frotn these estimates. The estimales and underlying assumplions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate 15 revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both currenl and future periods. 10-
SUPPORT FOR THE SICK NEWBORN AND THEIR PARENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 29 FEBRUARY2024 Critical accounting estimates and judgements (Continued) The eslimate with the greatest impact on the accounts is the rate of depreciation. There are no other significanl judgements or estimates. Income from donations and legacies Unrestrtcted Restricted funds funds 2024 2024 Total Unrestricted Restrictsd funds funds 2023 2023 Total 2024 2023 Donations and gifts 301.891 9.900 311.791 312.390 9,900 322.290 Income from charitable activities Unrestricted funds 2024 Unrestricted funds 2023 Grants 10,000 5,000 Raising funds Unrestricted Unrestricted funds funds 2024 2023 other fundraising costs Fundraising $812ries Cost of goods sold 77.541 50.725 471 64.742 49,221 5,747 Total 128,737 119,710 11
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SUPPORT FOR THE SICK NEWBORN AND THEIR PARENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 29 FEBRUARY2024 Governance Costs 2024 2023 AGM meeting costs Legal and professional Independent Examination fee 42 1.830 3.900 50 654 3.000 Total 5.772 3.704 Trustees A total of £410 was reimbursed to 2 trustees during the year (2023.. £0). A lotal of £165 was donated in the year by 3 Trustees(2023: £1.185 by 4 Trustees). Employees The average monthly number of employees during the year was= 2024 Number 2023 Number Office adminislralion and assistance Family care and other direct charitable actiwties Fundraising Total Employment costs 2024 2023 Salaries including social security and pension costs 181,375 167,994 Analysed as follows= Fundraising salaries Family care salaries Office administration and assistance 50,725 79,491 51,159 49,221 84.682 34,091 181.375 167,994 No directors received any remuneration or reimbursement for any expenses. The lotal received by key managemenl personnel comprising totsl employee benefits including employerfs Nl was £63,222 (2023: £65.479). There were no employees whose annual remuneration was £60,000 or more. 13-
SUPPORT FOR THE SICK NEWBORN AND THEIR PARENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 29 FEBRUARY2024 10 Taxation The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the exlent that these are applied to its charitable objects. 11 Debtors 2024 2023 Amounts falling due within one year: Trade debtors Other debtor5 Prepayments and accrued income 3.980 3,980 100 14,395 23,771 27.751 18,475 12 Creditors: amounts falling due within one year 2024 2023 Trade credilors Other creditors Accruals and deferred income 2.213 6.260 3.900 26.408 12.589 3.000 12.373 41,997 13 Restrioted funds The restticted funds of the charity comprise the unexpended balances of donations and grants held on trusl subjecl to specific conditions by donors as to how they may be used. At 1 March 2023 Incoming resources Resources At29 expendedFebruary 2024 Little Ssnaplings 1.333 9.900 (11,233) Prevlous year: At 1 March 2022 Incoming resources Resources At28 expended February 2023 Little Ssnaplings 9,900 (8,567) 1,333 Little Ssnaplings are parent and babyrtoddler groups for families who have spent time in the neonatal unit. These groups are a place for families who have experienced a difficult start with their newborn. where they can meet others who understand and have been there themselves. 14-
SUPPORT FOR THE SICK NEWBORN AND THEIR PARENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 29 FEBRUARY 2024 14 Unrestricted lunds The unrestricted fijnds of the charity comprise the unexpended balances of donations and grants which are not subject to specific condttions by donors and grantors as lo how they may be used. These include designated funds which have been set aside out of unreslricted funds by the trustees for specific purposes. At 1 March 2023 Incoming resources Resources At29 expendedFebruary 2024 General funds 219.501 313,651 (360,072) 173,080 Previous year. At 1 March 2022 In¢oming resources Resources At28 expendedFebruary 2023 General fvnds 228,216 318,313 (327,028) 219,501 15 Related party transactions There were no disclosable related party transactions during the year (2023- none). 16 Members liability The company 15 limited by guarantee and doe5 not have Share capital. the members undertake to contribule a sum, not exceeding £1, to the assets of the company in the event of the company being wound up. 15-