A Child of Mine Annual Report and Unaudited Financial Statements for the financial year ended 30 June 2024 Carthy Accountants Limited 33 Eastgale Street stafford ST16 2LZ Charity Number: 1152159
A Child of Mine CONTENTS Page Reference and Administrative Infonnation Trustees, Report statement of Trustees, Responsibilities Independent Examinerfs Report statement of Financial Activities 10 Balance Sheet 11 Notes to the Financial Statements 12-16
A Child of Mine REFERENCE AND ADMINISTRATIVE INFORMATION TNstees Nicola Kate Cardenas Blanco Elizabeth Anne Lennon Helen Teylor C81herine Andrews Andrea Hoy (Appointed 3 February 2024) Sue Culver Chairperson Pamela Ke8ms Charfty Number In Enialand and WalL 1152159 Independent Examlnèr Carthy Accountants Limited 33 Eastgate Street stafford ST16 2LZ
A Child of Mine TRUSTEES. REPORT for the financial yaar ended 30 June 2024 The trustees present thair Trustèes, Report and the unaudited financial statements for the finanaal year ended 30 June 2024. The financial statements are prepared in accordance with the Charities Act 2011, FRS 102 Yhe Financial Reporting standard applicable in tho UK and Republic of Ireland. and AcuntIng and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102>. The Trustees, Report contalns the infomation required to be provided in the Truste8s' Annu81 Report under the statement of Recommended Practi (SORP) guidelines. The tNstees of the charity are also charity trustees for tha purpose of charity law and under th8 charitys constitution are known as members of thè board of irustees. In this rèp)rt Ihe trustees of A Child of Mine present a summary of its purpose, govemance, activities. aehiev&ments and finances for the financial year 30 June 2024. The charity is a r8gislered charity and although not obliged to tt)mply wilh the Statement of Reojmmended Practiee applicable in the UK and Republic of Ireland FRS 102, the organis8tion has implemented its recommendations where relèvant in these financial statements. Mi88lon. Objectlves and Strategy Ml88lon Statement To Provide emolion81 and practical support to bereaved par8nts and families. To WO in partnership with heBlth profession81s to improve the care and support available when a child dies. ObJectlve8 The charity objectives. 8s oullined in the constitution, are to 811eviate the ment818nd physical suffering of bereaved parenls and families in England and Wales by providing advice, support, and practical guidance. This includès working wlh healthcare professionals to improve bereavement car8 and utslizing various channels such as emeil, lelephone, face-to-face meeb'ngs, social media, and an online website, Additionally, tha charity aims to promote and protecl the physical and mental health and wellbeing of bereaved parents and families by providing financial assistance, support, education, and practic81 advice. Financial assistance is available to families who hav8 lost a child under the age of 18 and rèsidè in Staffordshire. Slruclure, Governance and Management Governance A Child of Mine is governed by its constitution, adopted on 23rd April 2013. Composition of the Board and Board Appointment Proce88 The current board of 7 Trustees with be re-appointed or appointed at the Annual General Meeting in December 2024. Upon appointment, all Trustees are provided with an introduction lo the charity by the Chair and others as deemed appropriate and provided with information from the Charity Commission on Ihe roles and responsibilities of a charity trustee. The board of Trustees come from a range of professional backgrounds relevant to the chariws objectives. The Trustees meet regularly. and 7 meetings were held during this financial period 1st July 2023- 30 June 2024 Ri8k Revlew The Trustees have assessed the major risks to which the charity is exposed, Ihose related to the operations and finances of the Charity and are satisfied that systems are in place to mitigate eny exposure to tha major risks. These procedures are periodically reviewed. Financial Review The resulls for the financial year are set out on pag8 10 and additional notes are provided showing incorna and expenditure in greater detail. Results and Dividends At the end of the financial year the charity has assets of £118,262 (2023 - £108,730) and liabilities of £5,172 (2023 - £1,588). The net assets of the charity have increased by £5.948. In accordance with the Constitution, the trustees retire by rotation and, beirvJ eligible, offer themselves for re-election.
A Child of Mine TRUSTEES. REPORT for the financial year 6nded 30 June 2024 Compllance wlth Sector-wlde Legislation and Standards The charity engages pro-actively with legislation, standards and codes lch are developed for the sector. A Child of Mine subscribes to and is compliant with the following= The Charities SORP (FRS 102) Achievements For the last few years, we have spoken about how proud we are lo have been 8ble to grow in such a difficull climate. However, we ar8 gXtr8mely proud once again to have increased our reach and to a much wider area as we took the decision last year to alternate a cxjuple of our groups been online and face to face. We continue to work hard to keep our services and our engagement with tho families we support a priority. We also mad(ed our 11th year of being a registerad charity in May 2024 and are looking forward to the next year ahead albeit we appreciate still in challengii Ig times for thè charity tsgctor. We are incredibly proud to be recognized and rgsp8d8d by our p88rs, including bereavement teams at major UK children's hospitals. The palliativa care team at Great Omiond Street Hospital even considors us the "go-to charity for child loss.. As one Bereavement Service Manger at Greal Omond Slre6t put it .1 hold your work in high esteem and believe what you do for bereaved parents is extraordinary. I will continue to promote A Child of Mine.. We are honoured to continue our position on the Natlonal Children's Hospitsl Bereavement Neknrk which h8S continued to be an online meeting with a fac8 to face meeting once a year. This is a huge lestament to the work we are doing and h8s enabled us to develop new key relationships wlth other children's hospitals across the country and gives the group a parent voice. Our work with the Child Death Overview Process {CDOP) has grown this year and we are honoured to be working more dosely with the specialist nurses to provide education for student nurses and olher agency staff. These relationships help us develop and furth8r our aims as a charity and they arg vltal for us to move forward to provld8 the best possible support we can. Our National Bereaved Parents Day was held on 3rd July 2023. This was the 4th year of hosting the day and this year reached over 5 million people which was incredible. We know that there are many awareness days for loss over the year. with baby loss awareness week in October probably the best known. However. wè wanted to 8cknowledge and join every bereaved parenl whether they had lost In pregnancy. or after or a child at any age. The day was so impactful and it was wonderful to see other charities and organisalions sharing and support the day with charities lik8 Ronald McDonald House Charities UK, Sands, Samaritans and NHSjoining In. Wothng with businesses is extremely important for us as it helps develop re18tionships within our CgJmmunity and ways in which we can work together for mutual benefit. Thls year we wère fortunate to continue our work with ¢h8rity called Pilotlight, who offered us a mentoring program with Directors from Autotrader. The aim was to develop strategy for A Child of Mine to approach corporates to offer leaders and managers a way to support their staff after ¢hild105s. This is important to businesses as a way to improve staff relention and wellbeing. Thi5 project is now ready to run; our workplace support has been developed and Includes 8 fully interactive 3-hour workshop for managerslleader which 8ims to develop a confidence and understanding when supporting thair employees. An employee who feels supported is more likely to be more produdive and stay. In the last year we worked hard to incre8se support and engagement with our families. Dunng 23124 we have supported over 700 people Ihrough signposting. peerlemotional support, information, or by attonding one of our groups. We were honoured to be chosen in July 2023 for a vls5t by the Chalr of Trustees for the Charity Commission Mr Orlando Fraser KC and Mr Nick Baker. Chief Operating Officer. It was so valuable to have the opportunity to ask queslions and gain insights from such influential people. 11 was a pleasur& lo meet Ihem. and we were honoured that they took the time out to visit our charity. Mr Fraser was very complementary about the charity and described us as local charity with a national influence. We have also continued to increase our resource library that our families can utilise. The library is 8 still a work in progress as we add new titles to its inventory, but we have a large var(ety of books about different kinds of loss and written from different kinds of perspectives, mothers, fathers grandparents and a selection of bereavement books for children. We have found the library has been a great support for our families that couldn't afford to buy a book, or who just wanted to try reading a few different books wilhout committing to buy. We lend out Ihe trx)oks to any family that feels it would be of help. We have found fundraising has continued to be a challenge again this year due to cost of living increases and what we can see as a sign of th8 times currenuy. We did add a new fvndraising event to our calendar this year in Christmas Wreath making workshop and this was well altended. and we hope to repliixte this next ye8r. We are saddened to say that we had to take the decision to postpone our Charity Ball in 2024. The reasoning for this was on many levels, but it was the right deosion to make and again sadly a sign of the times in the current economic climale. That said, we have been extremely grateful to our community who have supported the charity in events that have raised ojmparable levels of funding to what we would have raised through our charity ball which has helped
A Child of Mine TRUSTEES. REPORT for the financial year ended 30 June 2024 immensely. Wa note that our part time member of staff left late 2023 due to unforeseen personal circumstances and the post was vacant for 6 months which did have an impact on our activities due to a lack of resources. However, l am pleased to say that we recruited 8 new member of staff in May 2024. and they have settled in well to the lifestyle of a small charity. We also acknowiedge member of Tnjstee Board who joined us in February 2024. Andrea is a great asset to the charity and is instrumental in helping Ihe charity reach its aims and goals. The trustees continue to consider the appropriate balance of financial stability and investment in charitable activtty. The Board regularly review the levels of an appropriate reserves policy. Given the langlh of time likely until we recover fully after the impact of the Covid pandemic and the cost of living lS1S it is impJrtant we continue to hdd a level of reseNes which can sustain our activity until wè have a better picture of what fundraising might Irxjk like, both in thè short and medium tem. We aim to hold a tsrget level of free reservices of around £40.000. which Iha trustees consider to be approximatsly slx months of core expenditure. including staff salaries, accommodation costs end general running costs. Designated funds are rung-fenced for a specified future use. We currently have £11.400 of designated funds to support specific projects and pieces of work agreed by Ihe Trustees and cannot be used for the general running StS of the charity. We hope these designated fijnds will increase in the coming year as we stsrt working on new projects and partnerships. The Future We are looking forward to the next 12 months and further growing A Child of Mine. In 2025 we celebrate 12 years of being a regislered charity. We are still very aware that we are in a difficult economic environment, nevertheless our income has been mainlained this year. Nevertheless, we are cognisant Ihat there is likely to be an ongoing impact on charity funding and community fundraising in tha shortlmedium term. However, building on our services and relalionships with healthcare professionals and increasing the communication arKI reach within our MMunity w8 arè confident that we will continue to sustain and fund our charitablè activities. Wè aim to Iwk at furlher developing the support we can provida. in particular for the mental health and wellbelng of our families. We have also identified the need for an adult child loss group which we will look to address in the new financial year. Wè ar8 still looking to offer wellbeing workshops, pamper days and other ways to supwrt our bereaved families and to improve their wellbeing. I would like to take this opportunity to thank everyone who has been involved in the charity to dats. To our fabulous trustees, staff, supporters and volunteèrs without whom, we woul not be able to make such a difference to our families, lives. Activitie A Child of Mine has ¢ontinuèd to focus on its activities as set out in the constitution. There arp many 8Ctivitias which contribute to achieving our objective: We provide emotional and spiritual support. finanaal support. advice, practical guidanc£. information, and vital peer support directly to bereaved families after a child's death, through group worf¢ and 1-2-1 sessions. We strive to improve professional care for families whose child has died. We do this by working closely wilh both bereaved families and multiagency professionals to help improve care and educale on the needs and experiènces of bèreaved parents. We further this by the provision of infomation for families and professionals, attending regular meetings with kèy heallhcare professionals, lecturing, neknrking, focus groups and multi-agency alliances. We partner with other relev8nt charity organisalions to work together lo ultimately supporting our beneficiaries. We also sil on some relevant berèavement groups across the West Midlands include: the charity CEO b8ing a member of the regional networking group for the Child Death Overview Panel (CDOP), lay member for the Staffordshire Death Overview Panel and for the Black Country Neonatal death review. the Natsonal Children's Hospitals Bereavemenl Neork, Staffordshire Bereavement Alliance. Friends of Stsfford Cemeteries and an independent chair for LeDeR (learning from the lives and deaths of people with a leaming disability and autism). For families wthin our area of benefit we provide small financial grants (via referral). We offer several different support groups, which include, a 'Stay and Play Playgroup. for bereaved parents and Iheir children bom before or after loss, a teenage group for bereaved young people, building confidence through humour and creative activities and a drop in peer support group for bereaved parents, in partnership wilh local child death nurse specialists. These drop in sessions run at two venues across Staffordshire. We also run 2 baby loss support groups specifically for those who have lost in early pregnancy and those who have experiencè a stillbirthlbaby loss. All Ihese groups have been well attended this year and have continue to provide valuable support for those who need it. We provide 2 memorial services for families within Staffordshire. these servtces are hosted by Penkridge Methodist Church and St MaS Church in Stafford. They offer a sage place to come and remember those children or babies that were lost too soon. They provide an emotional outlet and a place lo meet others who have also lost children.
A Child of Mine TRUSTEES. REPORT for the financial year ended 30 June 2024 e love comlng to your services and just being with others who get it, brings us comfort" _ Ashley, a bereaved father. In 2020 w8 establish&d 8 National Awareness Day for bereaved perents which is held on 3rd July each year. On Ihe lead up to the day we share stories from many beraaved parents as a way of uniling this community regardless of when they have lost and in what arcumstance. It is a powerful day and opens up the conversation that babies and chirdren die and it is okay for us to talk about it. Approved by the Board of Trustee8 on 28 February 2025 and Signed on Its behalf by: Parnela earh8 Chalrperson
A Child of Mine STATEMENT OF TRUSTEES. RESPONSIBILITIES for the financial year ended 30 June 2024 The trustees are responsible for preparing the financial statements in accordance with applicable law and regulations. The law applicable to charities in Eng18nd and Wales requires the trustees to prèpare financial statements for eath financial year which give a true and fair view of the assets. liabilities and financial position of the charity as at Ihe financial year end date and of the surplus or deficit of the charity and otherwise comply with the Charities Act 2011. In preparing these financial stalements. the trustees are required to.. select suitable accounb'ng policies and apply them consistently- make judgements and accounting estimates that are reasonable and prudent. stste whether the financial statements have been prepared in accordan with applicable accounting standards, identify those standards, and note the effect and thè reasons for any material departure from those standards" and prepare the financial statements on the going conrn basis unless it is inappropriate to presume that the charity will continue in operalion. The trustees confim that they have complied with the atjovè requiremants in preparing the financial statements. Tha tru51ees are responsible for keeping adequate accounting records Ihat are sufficient to show and explain Iha charitvs tr8nsaclion5 and disclose with reasonable eccuracy at any time thè financial position of the charity and enable them to ensure that the finanaal statements comply with the Charities Act 2011. They are also responsible for safeguarding tha assets of the charity and hence for tsking rè8sonable steps for th8 prevention and detection of fraud and other irregularities. Approved by the Board of Tru8tee8 on 28 February 2025 al 8lgned on Its behalf by: Pamela Ke4tn• Chairpernon
A Child of Mine INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF A CHILD OF MINE We have oxamined the financial ststements of the charity for the financial year erKled 30 June 2024. which comprise the Statement of Financial Activilies, the Balance Sheet and the related notes. This report is made solely to the charitys members, as a body. in accordan with section 145 of tha Ch8rities Act 2011. Our work has been undertaken so that we might compile the financi81 statements that we have been engaged to compile, report to the Board of TNstees that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To fullest extent pemiitted by law, we do not accept or assume responsibility lo anyone other than tha charity and Ihe charitvs memters. as a body, for our work. or for this report. Respectlve respon8lbllllJes of trustees and examlner The charity's trustees are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011. The charily's trustees consider Ihat an audit is not required for this financial year under Section 145 of th8 Charities Act 2011 and that an independent examination is required. It is our responsibility to: examine the financial statements under section 145 of the Act., follow the procedures laid down by the general Directions given by th8 Charfty Commission under section 145(5} ofthe Charities Act 2011: and state whether particu18r m8tt8rs have come to our attention. Bas18 of Independent examlnefs report Our examination was Carried out in accordance with the general Oirections glvèn by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financi81 Statements presented with those reccrds. It also includes oJnsideration of any unusual items or disclosuros in the financial statements and seeking explanations from Ihe trustees conceming any suth malters. 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 falrf view and the report is limited to those matters set out in the 5t8tement below. Independent examlneff8 8tatement In connection wlth our axamination, no matter has come to our attèntion which gives us cause to believe that in. any material respect.. 8coJunting records were not kept in accordance with seclion 130 of the Chariti8s Act 2011 the financial statements do not ecrd with those accounting records the financial statemenls do not comply with the accounting requirements of the Charities Act the financial slatements have not been prepared in 8ccordanL* wilh the Statement of Recommended Practi applicable to charities preparing their acUnts In accordance with the Financial Reportlng Standard applicable in the UK and Republic of Ireland (FRS102) there is further infomiation needed for a proper understanding of the accounts to be reached. We have no concems end have corne across no olher malters in connection with the examination to which attention should be drawn in this report in ortjer to enable a proper understanding of the financial statements to be reached. Carthy Accounlants Limited CARTHY ACCOUNTANTS UMITED 33 Eastgate Street stafford ST16 2LZ Date: 28 February 2025
A Child of Mine STATEMENT OF FINANCIAL ACTIVITIES for the financial year ended 30 June 2024 Unrestricted Restricted Funds Funds 2024 2024 Total Unreslricled Restricled Fund8 Funds Funds 2024 2023 2023 Total Funds 2023 Noles Income Donakn'ons and legacies Charitable activib'es - Grants from govemments and olher co-funders other trading activities other income 51,009 17,841 68,850 29,325 26,493 55.818 2,641 2,641 10,111 74 (81) 10,030 74 4.4 475 475 Total income 54,125 17,841 71,966 39.510 26.412 65,922 Expenditure Charitable activities 54,039 11,979 66,018 50.410 27,228 77,638 Net Incomellexpendlturn) 86 5.862 (10,900) (816) (11,716) Transfers belwe8n funds 218 (218) (470) 470 Net movement In lund8 for the tlnancial year 5,644 5,948 (11,370) (3461 (11,7161 Reconclllallon of funds: Total funds beginning of th8 year 14 88,172 18,970 107,142 99,542 19,316 118,858 Total fund8 at the end of the year 88,476 24,614 113,090 88,172 18,970 107,142 The Statement of Financial Activities includes all gains and losses recognised in the financial y8ar. All income and expenditure relate to ca)ntinuing activities. The notes on pages 12 to 16 fomi part of the financial slalements 10
A Child of Mine BALANCE SHEET as al 30 June 2024 2024 2023 Note8 Flxed A8sets Tangible assets 2,301 3,068 Current As8et8 Debtors Cash at bank and in hand 10 986 114,975 1.163 105,662 115,961 106,825 Credltor8: Amounts falling due wSthin one year 11 (5,172) (2,751) Net Currenl Asset• 110,789 104.074 Total As8el8 les• Current Llabllltle• 113,090 107,142 Fund8 Restricted Irust funds Designated funds {Unrestrlcted) Gener81 fund (unrestricted) 24,614 11,370 77,106 18,970 20,558 67.614 Total funds 14 113,090 107.142 The flnancial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime and in accordance wth FRS 102 The Flnanclal RaForting Standard applicable in the UK and Republic of Iroland. applying Section 1A of that standard. Approved by the Board of Tru8tee8 and authorl•ed for Imue on 28 February 2025 and slgned on Its behalf by Pamela Kearns Chalrper8on The notes on pages 1210 16 fomi part of the financial statements 11
A Child of Mine NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 30 June 2024 GENERAL INFORMATION A Child of Mine is a charity incorporated in the United Kingdom. The registered Offi of the charity is 1 The Green, Stafford, ST17 4BH, United Kingdom which is also the prinapal plac8 of business of the charity. The financial statements have been presented in Pound (£) which is also the functional currency of the charity. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been applied consistently in daaling with items which are considered matsrial in relation to the charitys financial slatem8nts. Ba818 of preparatlon The financial ststements have bèèn prepared on the going concem basis under the historical cost convention, modified to include certain items at fair value. The financial statements have been prepared in accordan with the Statement of Recomrnènded Practice ISORP> 'AccxJunting and Reporting by Charities preparing théir accounts in 8ccord8nce with the Financial Reporting Slandard applicable in the UK and Republic of Ireland FRS 102., applying Seclion 1A of that Standard. As permitted by the Companies Act 2006, the charity has varied the standard formats In th8t act for Ihe statement of Financial Activities and the Balance Sheet. Departures from the standard formals are to comply with the requirements of Ihe Charities SORP and arè in compliance with section 4.7. 10.6 and 15.2 of Ihat SORP. statement of compllanco The financial statements of the charity for the financial year ended 30 June 2024 have been prepared on th8 going conrn basis and in accordance with the Statement of Recommended Practice (SORP) 'Accounling and Reporting by Charities preparing thair accounts in accordance with the Financial Reporting Standard applicable in the UK and Rèpublic of Ireland FRS 102. applying S8clion 1A of that standard. Fund accountlng The following are the categories of fvnds maintsin8d: Re8lricled funds Rèstricted funds represent inci)me received which can only be used for particular purposes, as SFecified by the donors. Such purposes are within the overall objectives of the charity. Unrestrlcted funds Unrestrict8d funds consist of General and D8sign8ted funds. General funds represent amounts which are expendable at th8 discretion of the board, In furth8rance of the objectives of the charity. Designated funds comprise unrestrlcted funds that the board has. 8t its discretion, set aside for particular purposes. Thèse designations have an administratlV8 purpose only, and do not legally rastrtct the board's discretion to apply the fund. Income Incomo is recognised by inclusion In the Statement of Financial Activities only when the charity is legally entitled to the income, performance conditions attathed to the item{s) of income have been met, the amounts involved can be measured with sufficient reliability and it is probable that the income will be received by the charity. Income from charltable activities Income from charitable activities include income éamed from the supply of services under contractual arrangements and from perfomance related grants which have condilions Ihal specify the provision of particular services to be provided by the charity. Income from government and other co-funders is recognised when the charity is legally entitled to the inojme because it is fulfilling the conditions contained in the related funding agreements. Where a grant is received in advan, its reIgnitIOn is deferred and included in credit(Ys. Where entittement occurs bèfore income is received, it is arUed in debtors. Grants from govemments and other co-funders typically include one of the following types of conditions: Perfonnance based conditions= whereby Ihe charity is contractually entitted to funding only to the extent Ihat the care objectives of the grant agreement are achieved. Where the charity is meeb'ng the core objectives of a grant agreement, it recognises the relaled expendilure. to the exlent thal il is reimbursable by the donor. as income. 12
continued A Child of Mine NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 30 June 2024 -Time based conditions: whereby the charity is contractually enkn'ued to funding on the condition that it is utilised in a part¢'cular period. In these cases the charity recognises the Income to the extent it is utilised within the period sperjfied in the agreement. In the absence of such conditions. assuming that reipt is probable and the amount can ba reliably measured, grant income is recognised once the charity is notified of entitlement Grants received towards capital expenditure are uedit8d to the Statement of Financial Activities when received or receivable, whichever is 88rlier. Expendlture Expenditure is analysed beeen 5t$ of charitable activities and raising funds. The costs of each activity are separately accumulated and disclosgd, and analysed according to their major components. Expenditure is recognis8d when a legal or conslructs've obligation exists as a result of a past event, a transfer of eLxJnomic benefits is required in settlement 8nd the amount of the obligation can be reliably measured. Support costs are thosè functions that assist the work of the charity but cannol be attributed to one activity. Such costs ar9 allocated lo activities in proportion to staff time spent or other suitable measure for each activity. Tanglble Ilxed asgets and depreclallon Tangible fixed assets are Stated at cosl or at valuation. less eccumulaled depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tsngible fixed assets, less their estimated residual value, over their expectsd useful lives as follows- Flxturgs. fittings and equipm6nt 25% Reducing balance Debtor8 Debtors are recognised at the s9tt1ement emount due after any discount offered. Prep8ymenls are v81ued at the amounl prepaid net of any trade discounts due. Income reo)gnised by the charity from government agencies and other co-funders, but not yet rec8lV8d at financial year end. is included in debtors. Cash lit bank and in hand Cash at bank and in hand comprises cash on deposit at banks requiring less than three months notice of withdrawal. Taxatlon No current or deferred taxation arises as the charity has been granted charitable exemplon. Irrecoverabl8 valued added tax is 8xpensed as incurred. PROVISIONS AVAILABLE FOR AUDrrs OF SMALL ENTITIES In common with many other charity of our size and nature. we use our auditors to assist with the preparation of the financial statements. INCOME DONATIONS AND LEGACIES Unrestrlctsd Re8trlcted Funds Funds 2024 2023 Donalions and legacies 51,009 17,841 68,850 55,818 CHARITABLE ACTIVITIES Unrestrfcted Reslrlcled Fund8 Funds 2024 2023 Grants from governments and other co-funders". Income from charitable activities 2.841 2,641 OTHER TRADING ACTIVITIES Unrestricted Reslri¢ted Funds Fund8 2024 2023 other trading activities 10,030 13
continued A Child of Mine NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 30 June 2024 OTHER INCOME Unrestrlcted Re8tricted Funds Funds 2024 2023 Olher income 475 475 74 EXPENDITURE CHARITABLE ACTIVITIES Direct Co818 other Costs Support Cost8 2024 2023 Expenditure on charitable activites Govemance Cost5 (Note 5.2) 66,018 88,018 77.571 66,018 66,018 77,638 GOVERNANCE COSTS Direct Costs other Costs Support Costs 2024 2023 Charitable activities - govemance costs NET INCOME 2024 2023 Net Income18 Slated after charglngllcredltlng): Depreciation of tangible 8ssets 767 1,023 INVESTMENT AND OTHER INCOME 2024 2023 Bank interest 667 EMPLOYEES AND REMUNERATION Number of employees The average number of persons employed (including executive trustees) during the financial year was as follows.. 2024 Number 2023 Numbar Employees The staff costs comprise.. 2024 2023 Wages and salaries 51,075 61.580 14
contsnued A Child of Mine NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 30 June 2024 TANGIBLE FIXED ASSETS Fixtures. Iltting8 and equipment Total Cost At 30 June 2024 6,695 6.695 Depreclatlon At 1 July 2023 Charge for tha financial year 3.627 767 3,627 767 At 30 June 2024 4.394 4,394 Net book value At 30 June 2024 2,301 2,301 At 30 June 2023 3.068 3,068 10. DEBTORS 2024 2023 oth8r deblors Texation end sodal security costs (Note 12) 986 1,163 986 1,163 11. CREDITORS Amounts falling due withln one year 2024 2023 Taxation and social security costs (Note 12) Other creditors Accruals and deferred income 395 127 4,650 2,751 5,172 2.751 12. TAXATION AND SOCIAL SECURrrY 2024 2023 Debtors: PAYE I NI 1,163 Creditors". PAYEINI 395 13. RESERVES 2024 2023 At the beginning of the year Surplusl{Deficitl for the financial year 107.142 5,948 118,858 (11,7161 At the end of the year 113,090 107,142 15
continued A Child of Mine NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 30 June 2024 14. FUNDS 14.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestricted Restricted Funds Funds Total Funds At 1 July 2022 Movement during the financial year 99,542 (11.370} 19,316 (346) 118,858 (11.716) AI 30 Juna 2023 Movement during the financial year 88,172 304 18,970 5,644 107.142 5.948 At 30 Jun8 2024 88,476 24,614 113,090 14.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 July 2023 Income Expenditure Transfern between funds Balance 30 June 2024 Restrlcted fund8 Dads group Our Space Sunshine and Rainbows Mariposa Publications Advertising PPE Resource library Penkridge groups Pamper Day Buttertly boxes Christmas gifts Computer equipment Gayle 1-2-1 costs Summer ball sponsor Tralning 848 2,985 1,873 539 2,341 600 550 772 500 3,000 2.004 1.482 295 1,162 600 981 391 244 1,179 (550> 142 1,000 630 500 3,000 16,805 17,341 318 88 381 2,493 2,000 14 (218) 88 381 2.493 2,000 550 536 18,970 17,841 11,979 (218) 24,614 Unre8trlcted funds Butterfy Boxes Pamper Days Christmas Presents 10 year anniversary event 10 year event ttjnlingoncy Publications Unrestricted General 6,030 6,528 2,000 5,500 500 (6,030) 28 6,500 2,000 (5,500) {500) 2,870 9,378 2,870 77,106 67,614 54.125 54,011 88,172 54,125 (54,039) 218 88,476 Total funds 107,142 71,966 66,018 113,090 15. POST-BALANCE SHEET EVENTS There have been no significant events affecting the Charity since the financial year-end. 16