2023-12-31-accounts - The Police Children's Charity

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e PO//c TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 FOR THE POUCE CHILDREN'S CHARITY Charlty Number: 1147445 Scottlsh Charlty Number: SC043652 Company Number: 07822S21

St.Andrews
Harlow Moor Road
Harrogate
HG2 OAD
St.Andrews
Harlow Moor Road
Harrogate
HG2 OAD
TC Group
Registered	Auditors
6Queen Street
Leeds
LS1 2TW
Barclays Bank Pic
25James Street
Harrogate
HG1 1QX
Cazenove	Capital Management
12 Moorgate
London
EC2R 6DA

he current me	mbership le as	follows:
Name		Force				Appointment	Termination
						Date TPCC	Date
L Kelly (Chair)		Police Service of	Northern		Ireland	09/04/2015
RWood (Vice chair)		Police Service of	Scotland			08/04/2021
C Bentley		West Yorkshire				28/06/2023
M Davis		Coopted				19/05/2017
A Freebum		Police Service of	Scotland			03/04/2024
M Hamilton		Co-opted				19/02/2024
R Hay		Police Service of	Scotland			18/10/2022
C Irvine		Durham				25/01/2022
BJones		Police Service of	Scotland			16/02/2022
S Kennedy		Meiseyside				24/11/2022
A Less		Co-Opted(NARPO)				02/08/2018
M Marshsllssy		Bntlsh Transport	Police			01/09/2022
G McGrsth		Police Service of	Northern		Ireland	31/07/2023
K Meynell		Derbyshire				25/04/2022
R Murray		Cleveland				01/01/2022
L Poultney		South Yorkshire				18/01/2024
T Purcell		Police Service of	Northern		Ireland	16/07/2018
J Robins		West Yorkshire				16/06/2016
A Shaw		Police Service of	Scotland			12/07/2022
D Simpson		Northumbria Police				14/03/2018
J Skelton		Noitlnghamshire				12/05/2016
E Aldred		North Yorkshire				07/12/2021	16/03/2023
R Duiton		Co-opted				21/11/2013	22/01/2024
A Grandison	(Vice Chair)	West Yorkshire				22/09/2014	31/12/2023
I Magee		Police Service of	Northern		Ireland	16/03/2022	05/05/2023
D Murphy		Police Superintendents'		Association		02/1 1/2017	14/02/2024
LWlnward		North Yorkshire				21/07/2016	31/12/2023

						Unrestricted	Unrestricted
Restricted Endowment						2023	2022
			funds	funds	funds	Total	Total
		Notes		E		6	f
Income from:
Donations and legacies		2	491,358			491,368	520,854
Investments		3	762,647			782,647	721,437
Total Income			1,254,005			1,254,005	1,242,291
Expenditure on:
Raising funds		4	38,843		31,347	70,190	76,091
Charitable activities		5	1,311,985			1,311,985	794,445
Total expenditure			1,350,828		31,347	1,382,175	870,536
Net gains/(losses)	on investments	11	131,018		100,448	231,508	(1,895,829)
Net Income/(expenditure)			34,195		69,141	103,336	(1,524,074)
Net movement In	funds		34,195		69,141	103,336	(1,524,074)
Reconciliation of	funds
Total funds brought	fonvard		7,398,036		6,901,514	14,299,550	15,823,624
Total funds carried forward			7,432,231		6,970,655	14,402,886	14,299,550

		for the Year Ended 31 Decemb	er 2023
				2023	2022
			Notes	f
Cash flow from operating	activities		20	~037,200	~040,025
Net cash flow from operating		activities		~037 260	~640 625
Cash flow from investing	activities
Purchase of investments
Dividends and interest received				782,847	721,437
Net cash flow from Investing		activities		762 047	721 437
Net (decrease) IIncrease	In	cash and cash equivalents		125,387	80,812
Cash and cash equivalents		at start ofperiod		1,218,232	1,138,420
Cash and cash equivalents		at end of period	21	1 244619	1 210232

			Unrestricted	Endowment		2023	2022
			funds	funds		Total	Total
			6	6		E	F.
Donations			13,396			13,396	18,432
Officers donations			477,962		477,962		502,422
			491,358		491,358		520,854
Afi income from donations		and legacies	was attributable	to unrestricted	funds	in both	reporting
periods.
Investment	Income
			Unrestricted	Endowment		2023	2022
			funds 6	funds 6		Totalf	Total 6
Income from UK listed investments			718,517		718,517		712,227
Bank interest receivable			44,131			44,131	9,210
			762,647		762,647		721,437

Analysis ofsupport cos	ts
			General	support	Governance	2023	2022
				costs	costs	Total	Total
				6			8
Management charge —Police
Treatment Centres			270,000			270,000	270,000
Communication and Information
Technology				1,750		1,750	1,475
Other office expenses				24,385		24,385	22,004
Depreciation —owned assets				8,905		8,905	8,905
Legal and other professional		fees					939
Auditor's remuneration					6,020	6,020	4,300
Other							780
				305,040	6,020	311,060	308,403
Net income/(expenditure)		forthe year
						2023	2022
						6	8
Net income/(expenditure)	is	stated aRer	charging:
Depreciation —owned assets						8,905	8,905
Auditor's remuneration						6,020	5,080

2023	2022
	E

Tangible fixed assets
	Fixtures,	Freehold
	fittings and	land and
	equipment	buildings	Total
	E	E	E
Cost
At 1 January and 31 December 2023	5,093	445,273	450,368
Depreciation
At 1 January 2023	5,093	80,147	85,240
Charge for the year		8,905	8,905
At 31 December 2023	5,093	89,052	84,145
Net book values
At 31 December 2023		356,211	358,211
At 31 December 2022		365,126	365,128

Fixed asset	investme	nts
				Endowment	Unrestricted
				cash held	cash held
		Endowed	Unrestricted	as part of	as part of
		Ihited	listed	Investment	Investment
		investments	Investments	portfolio	porffollo	Total
		6	E		E
Valuation
As at 1 January 2023		7,072,815	9,215,301	(171,301)	851,343	16,968,168
Management	fees			(31,347)	(40,843)	(72,190)
Distributions	received				39,125	39,126
Interest					718,517	718,617
Transfers
Withdrawals					(500,000)	(500,000)
Equalisation
Revaluation		100,488	130,928			231/16
As at 31 December 2023 7,173,303			9,436,229	(202,648)	1,068,142	17,385,025
Historic cost	at
31 December	2023	5,596,500	7,291,783	(253,932)	1,238,789	13,873,140

Creditors: amounts f	alling due within one year
		2023	2022
Trade Creditors		151	425
The Police Treatment	Centres current account	61,469	49,312
Accruals and deferred	income	66,965	24,595
		128,585	73,693
Provisions for liabilities
		2023	2022
		8
At 1 January 2023		3,632,935	3,920,424
Utilised in the year		795,069	(768,991)
Charge for the year		(592,664)	481,502
At 31 December 2023		3,836,340	3,532,935

			Endowment	Restricted	Unrestricted	Total
			funds	funds	funds	funds
			6	6		5
Fund balances at 31 December 2023
as represented		by:
Tangible	assets				355,220	356,220
Investment assets			5,970,655		10,414,370	17,385,025
Current	assets				525,555	626,566
Current	liabilities				(128,585)	(128,585)
Long-term liabilities					(3,836,340)	(3,836,340)
			5,970,655		7,432,231	14,402,886

		At 1
		January	Incoming	Outgoing	Gains and	31 December
		2023	resources	resources	losses	2023
		E	E		E.	E
General	fund	7,398,036	1,254,005	(1,350,828)	131,018	7~2,231

Permanent Endowm	ent funds
	At 1
	January	Incoming	Outgoing	Gains snd	31 December
	2023	resources	resources	losses	2023
	E	E	E	E
Investments	6,901,514		(31,347)	100,488	6,970,655

							2023f	2022 8
	Net income / (expenditure) for year						103,336	(1,524,075)
	Depreciation and impairment oftangible			fixed	assets		8,905	8,905
	(Gains) / losses on investments						(231817)	1,895,829
	Interest and dividends received						(762,647)	(721,437)
	Increase / (decrease) in provisions		(net	of payments)			203,406	(287,489)
	Decrease / (increase) in debtors						(13,096)	(12,998)
	Increase / (decrease) in creditors						54,253	640
	Net cash oufflow from operating	activities					~e37,2BO	~640,625)
21.	Analysis ofcash and cash equivalents
							2023	2022
							8
	Cash at bank and in hand						479,126	539,190
	Cash held in investment portfolio		(note	11)			865,493	680,042
	Net cash						1,344,619	1,219,232
22.	Financial Instruments
	The carrying amounts ofthe Charity's			financial		instruments	are as follows:
							2023	2022
							6	E
	Financial assets
	Measured at fair value through		net income		/	expenditure:
	-Fixed asset listed investments		(note	11)			17,385,026	18,988,158

he income, expenses, net ummarised as follows:	gains a	nd net los	ses	attributable the ch	arity's financial	instruments ar
					2023	2022
Income and expense
Financial assets measured	at fair	value through		net income I
expenditure					718517	712227
Net gains snd losses (Including		changes	In	fair value)
Financial assets measured	at fair	value through		net income I
expenditure					231,506	(1,895,829)