Charity number: 1158213
ELLIE'S LOVE
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

ELLIE'S LOVE
CONTENTS
Page
Reference and admlnlstratiV8 details of the Charity, its Trustees and advisers
Trustoes. report
Independent axamlner's report
Statoment of flnanclal actlvltles
Balance sheet
Note8 to tho flnanclal statements
8-16

ELLIE'S LOVE
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 30 JUNE 2024
Trustees
Nick Load8S
Georg8 Loades
Alessandra Ficarra
Elaine Loades
Charity registered
numbor
1158213
Prlnclpal offlce
Killarney
School Road
Fakenham
Norfolk
NR217NW
Accountants
MA Partners LLP
Chartered Accountants
7 Th8 Clos8
Norwich
Norfolk
NR14DJ
Page 1

ELLIE'S LOVE
TRUSTEES. REPORT
FOR THE YEAR ENDED 30 JUNE 2024
Th8 Trustees present their annual r8port together with the financial ststements of the Charity for the year 1 July
2023 to 30 June 2024.
Objactivos and actlvltlas
a. Policies and objectives
The oblects of the Charity are to promole the relief of children and young persons sufferlng from Cystlc Flbrosls
and thelr famllies through the provislon of financial assistance. support, practical advice or such other means as
the Trustees may from time to time determine.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance
published by the Charity Commlsslon relating to public benefit, including the guidance 'Public benefJt'. runnlng a
charlty (PB2)'.
b. Strategles for achlovlng objectlvas
The objects of the Charity are wide ranging and can therefore be achieved in a number of ways. As tho Trustees
wa have an obligation to assess the options avallable to us year on year and conslder the benefit that they could
provide to the Charlty.
The Charity carries out these objects by:
Organising events to raise awareness and much needed funds that can be used by the Charity or
donation to other organisations with similar objectives.
Making donations to individuals and their famili8s who are in som8 way b8ing impacted by Cystic
Fibrosis. This may be in the form of toys purchased for hospital wards or donations towards a short
break.
c. Actlvltles undertaken to achleve obJactlve8
Throughoul the period to 30 June 2024 the Charity continued Its fundraislng efforts organising the following
events..
The first fundraislng event of the period was a Charity skydive in the late summer of 2023.
The next and main evenl of the period was the Angel Ball. Organised in tandem with friend Kyra Welch,
the Charity held another ball al Holkham Hall in November 2023.
Shortly after this, we again attended the local Christmas tree festival an annual event held in the local
Fakenham church.
Th8 Charity continued to be supported by a number of donations in the period and would like to thank all those
who have donated throughout the period.
Page 2

ELLIE'S LOVE
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
Objectives and activitles (contlnued)
d. Maln activltles undertaken to further the Charlty's purposes for the publlc benefit
The main activity undertaken in the period was th8 Angel Ball in November 2023. This event was another
opportunity for local people to come together to celebrate an evening with family and friends whilst also raising
much naeded funds for East Anglia's Childran's Hospic8s (EACH). As mentioned above the Charity, along with
slgnlficant support and dedication from Kyra Walch. sold tickets to th8 event and found sponsors for tables and
the arrival drink5 as well as donations for auction prizes to be sold on the night.
Representatives from &4CH attended on the night, sharing information on how the funds raised could be used to
support children and their families. Nick and Kyra also shared firsl hand stories of the impact the Charity had had
on them.
In addition to the above the Charlty also purchased further toys for thg children's ward at the Norfolk and Norwlch
University Hospital.
Achlovements and performance
a. Maln achlavemenls of the Charlty
The main achievement of the Charity again this period was th8 SUCC8ss of Ihe fundraising aclivilies, in particular
the Angel Ball, and the resulting donation of £16,837 that we were able to make to East Anglia's Children's
Hospices.
The Trustees would like to thank everyone who supported the event, as well as all other 8V8nts in the y8ar, and
mad8 this donation possible.
Flnanclal revl8W
Golng concern
After making appropriate enqulrles. the Trustees have a reasonable expectation that th8 Charity has adequate
resources to continue in operational existence for the foreseeable future. For this reason, they conlinue to adopt
the going concern basis in preparing the financial statements.
b. Reserves pollcy
The Charity has been well supported over the previous years and the Trustees will continue to gen8ratg income
in the future lo increase this further. Due to the nature of the Charily and the significant funds available, the
balance held as unrestricted funds at 30 June 2024 was £33,994, the Trustees do not have a set level of funds
which they look lo maintain. This also allows the Charity to support a project requiring significant funds should
the opportunity present itself.
However, the Trustees operale the Charity on Ihe basis that events will be successful and any surplus funds can
then be spent on donations similar to those outlined above.
Page 3

ELLIE'S LOVE
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
structure, governance and management
a. Constitutlon
Ellie's Love is a registered Charity, number 1158213, and is constituted under a Tnjst deed.
b. Methods of appolntmenl or electlon of Trustees
The management of the Charity is the responsibility of the Trustees who are elected and co-opt8d under the
terms of the Trust deed.
Statement of Trustees. responslbllltlos
The Trustees are responsib18 for preparlng the Trustees, r8POrt and the financlal statements Sn accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
The law applicab18 to charities in England & Wal8s r8quir8S th8 Trustees to prepar8 financial statements for
each financial which give a true and falr vlew of the stat8 of affairs of the Charlty and of its incoming resources
and applicalion of resources, including Its Income and expenditur8, for that perlod. In preparing these financlal
statements, the Trustees ar8 required to..
select Suitable accounting polici8s and then apply them conslstently;
observe the methods and principles of the Charities SORP (FRS 102).,
make judgments and accounting estimates that are reasonable and prudent.,
state whether applicable UK Accounting Standards (FRS 1021 havg been followed, subject to any material
departures disclosed and explained in the financial stalements.,
prepare the financial slatements on the going concern basis unless il Is inappropriate to presume that the
Charity will continue in business.
The Trustees a￿ responsibl8 for k88ping adequate accounting records that are sufficient to show and explain
th8 Charitvs transactions and disclose with reasonable accuracy at any time the financial position of th8 Charity
and enable them to ensure that tho financial statements comply with th8 Charities Act 2011, the Charity
(Accounts and Reports) Regulalions 2008 and the provisions of the Trust deed. They are also responsible for
S8feguarding the a55ets of the Charity and hence for taking reasonable steps for th8 prevention and detection of
fraud and other irregularilies.
Approved by order of the members of the board of Trustees and slgned on th8ir behalf by..
Nick Loades
(Chair of Trustees)
George Loados
(Trustè8)
Date:
14/041101
Page 4

ELLIE'S LOVE
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 30 JUNE 2024
Independent examinerfs report to the Trustees of Ellie's Lov8 ('the Charity
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 30 June
2024.
Responslbllltles and basls of report
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the
requirements of tha Charities Act 2011 {'the 2011 Act,).
I report in resp8Ct of my examination of the Charitys accounts carried out under section 145 of the 2011 Act and
In carrying out my examination I have followed the applicable Directlons glven by the Charity Commission und8r
section 145(51{b) of th8 2011 Act.
Independent oxamlnorfs statsment
Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and
Roporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in
a¢cordanc8 with th8 Financial Reporting Standard applicable in the UK and Republic of Ir81and (FRS 102) in
preference to the Accounting and Reporting by Chariti&s'. Statement of Recommended Practice iSSU8d on 1 April
2005 which Is referred to in the 8Xtant regulations but has been withdrawn.
l understand that this has been done In order for the accounls to provid8 a true and fair view Sn accordance wlth
the Generally Accepted Accountlng Practl¢e effectlve for reportlng periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matt8rs have come to my attentlon In connection with the
examlnatlon glvlng me cause to believ8 that in any material respect..
accounting r8cords were not kept in respect of the Charity as required by Section 130 of th8 2011 Act. or
the accounts do not accord with those records., or
the accounts do not comply with the applicable requirements concerning the form and content of
accounts set out in the Charities (Accounts and Report5) Regulations 2008 other than any requirement
that tha accounts give a 'true and fairf view which is not a matter considered as part of an independent
examination.
I have no concems and have come across no other matters in connection wlth the examination to which
attention should be drawn in this r8POrt in order Io 8nable a proper understanding of the accounts to be reached.
This report is made solely to the Charitys Trustees, as a body, in aG￿rdance Wlth Part 4 of the Charitl8S
(Accounts and Reports) Regulations 2008. My work ha5 been undertaken so thal I might state to the Charivs
Trustees those matters l am required to state lo them in an Independent examinerfs report and for no other
purpose. To the fullest extent permitted by law, I do not accept or a5surne responsibility to anyone other than the
Charity and Ihe Charitys Trustees as a body, for my work or for this report.
Signed:
F M E Shippam Bsc FCA DChA
Dated: 16 April 2025
MA Partners LLP
Chartered Accountants
7 The Close
Nomich
Norfolk
NR14DJ
Page 5

ELLIE'S LOVE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 30 JUNE 2024
Unrostricted
funds
Total
funds
Total
fvnds
Period ended
30 June
2023
30 June
2024
30 June
2024
Note
Income from:
Donations and legacies
Other trading activities
591
30,042
591
30.042
1, 123
37,082
Tolal Income
30.633
30,633
38.205
Expendlture on:
Raising funds
Charitable activiti&s
16.997
18,127
16,997
18.127
20,372
19,846
Totsl expendlturo
35.124
35,124
40,218
Not movement In funds
14,491)
(4,491)
(2,013)
Reconclllatlon of funds:
Total funds brought forward
Net movement in funds
38.485
(4,491)
38,485
(4,491)
40,498
(2,013)
Totsl funds carrled forward
33,994
33,994
38,485
The Statement of financial activities includes all gains and losses recognised in the year.
Th8 notes on pages 8 to 16 form part of th8S8 financial statements.
Page 6

ELLIE'S LOVE
BALANCE SHEET
AS AT 30 JUNE 2024
2024
2023
Note
Current assets
Debtors
Cash at bank and in hand
2, 104
40,355
35,126
35,134
42,459
Creditors: amounts falling due within one
year
12
(1,140)
(3, 974)
Not current assets
33,994
38,485
Total nat assets
33,994
38,485
Charlty funds
Unr6strict8d funds
14
33,994
38,485
Tolal funds
33,994
38,485
Th8 financial statements were approved and authoris8d for issue by the Trustees and slgned on their behalf by:
Nick Loades
(Chair of Trustees)
George Loades
(Trusteel
Date:
141016 /Loif
The notes on pages 8 to 16 form part of these financial slatements.
Page 7

ELLIE'S LOVE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
General infomiation
Ellie's Love is a Charity ￿gIStered in England and Wales and its registered office is Killarney, School
Road, Colkirk, Fakenham, NR217NW.
Accounting pollcles
2.1 Basis of preparatlon of flnanclal statements
The financial statements have b8&n prepared in accordance with the Charities SORP (FRS 102)
Accounting and Reporting by Charities: Stat8m8nt of Recommended Praclice applicabl8 to charities
preparing their accounts In accordanca with th8 Financial Reporting Standard applicabl& in th8 UK
and Republic of Ireland (FRS 102) {effgctiV8 1 January 2019), th8 Flnancial Reporting Stsndard
applicable in the UK and Republic of Ireland {FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'lrue and fairf view and have d8parted from
the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true
and fairf view. This departure has Involved following th8 Charities SORP (FRS 102) publish8d in
Oclober 2019 rather than the Accounling and Reporting by Charities.. Statement of Recommend8d
Practice effective from 1 April 2005 whlch ha5 slnce been withdrawn.
Ellie's Love meets the definition of a public benefit entity under FRS 102. Assets and liabilities are
initially recognised at historical cost or transaction valua unless otherwise stated in the relevant
accounting policy.
2.2 Incomo
All income is recognised once the Charity has entitlement to the income. it is probable that the
income will be received and the amount of income receivable can be measured reliably.
2.3 Expendlture
Expenditure is reGognised once there is a legal or constructive obligation to transfer economic benefit
to a third party, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably.
Expenditure on raising funds includ8s all expenditure incurred by the Charity to ralse funds for its
charitable purposes and includes costs of all fundraising activities events and non-charilable trading.
Expenditure on charitable activitie5 is incurred on directly undertaking the activitie5 which further lh8
Charity's objectives, as well as any associated support costs.
Grants payable ar8 charged in the year when the offer is made except in those cases where the offer
is conditional, such grants being recognised as expenditure when the conditions attaching are
fulfilled. Grants offered subject to conditions which have not been met at the year end aro noted as a
commitment, but nol accrued as expenditure.
All expenditure is inclusive of irrecoverable VAT.
2.4 Debtors
Trade and other debtors a￿ recognised at the settlement amount after any trade discount offered.
Prepayments are valued al Ihe amount prepaid nel of any trade discounts due.
Page 8

ELLIE'S LOVE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
counting policies (continued)
2.5 Cash at bank and in hand
Cash at bank and In hand includes cash and short-term highly liquid investments with a short maturity
of three month5 or less from the dat8 of acquisition or opening of the deposit or similar account.
2.6 Liabilities and provlslons
Liabilities are recognised when th8re is an obligation at the Balanc8 sh88t date as a result of a past
event, it is probable that a transfer of 8conomic benefit will ba required in settl8m8nt, and tha amount
of the settlement can be eslimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debl or the
amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best eslimale of tha amounts required to sattle th8 obligation. Where
the 8ffect of the tim8 value of money is material. the provision is based on the pres8nl value of those
amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The
unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
2.7 Flnanclal In8trumonts
Th8 Charlty only has financial assets and financial liabilitles of a kind that qualify as baslc financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value with the exception of bank loans which are subsequently
measured al amortised cost using Ihe effective interest method.
2.8 Fund accountlng
General funds are unrestricted funds which are availab18 for use at the discretion of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for other
purposes.
Page 9

ELLIE'S LOVE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
Income from donations and legacies
Unrestrictod
funds
Total
funds
Total
funds
Perlod ended
30 June
2023
30 June
2024
30 June
2024
Donations
591
591
1, 123
Total 2023
1,123
1,123
Income from othgr tradlng actlvltles
Income from fundralslng events
Unrgstrlcted
funds
Total
funds
Total
funds
Period ended
30 June
2023
30 June
2024
30 June
2024
Charity Ball
Skydive
Barn Dance
Christmas Trees
oth8r Fundraising
23,101
5,325
23,101
5,325
31,807
3,895
573
807
573
1,043
573
1.043
30,042
30,042
37.082
Total 2023
37,082
37,082
Page 10

ELLIE'S LOVE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
Expenditure on raising funds
Fundralslng tradlng expenses
Unrnstrlcted
funds
Total
funds
Total
funds
P8riod ended
30 June
2023
30 June
2024
30 June
2024
Charity Ball
Skydive
Bam Dance
14,275
2,418
14,275
2,418
17,871
2.501
Inflatable Run
304
304
16,997
16,997
20,372
Total 2023
20,372
20,372
Analysls of grants
Grants to
Granls lo
Institutions Indlviduals
Total
funds
Total
fvnds
Period endad
30 June
2023
30 June
2024
30 June
2024
30 June
2024
Grants
16,837
16,837
17,159
Total 2023
16,660
499
17,159
Page11

ELLIE'S LOVE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
Analysls of expendlture on charltable activltias
Summary by fund type
Unrostrlcted
funds
Tolal
Total
Period ondod
30 June
2023
30 June
2024
30 June
2024
Cystlc Flbrosls support activlties
18,127
18,127
19,846
Total 2023
19.846
19,846
Analysls of expendllure by actlvltlos
Actlvltle8
undertaken
dlrectly
Grant
fundlng of
actlvltles
Support
costs
Total
funds
Total
funds
Period 8nded
30 Jun8
2023
30 June
2024
30 Juna
2024
30 June
2024
30 June
2024
Cystic Fibrosis support
activities
240
16.837
1,050
18,127
19,846
Tot812023
1,667
17,159
1.020
19,846
Analysls of dlrect costs
Total
funds
Total
funds
Period ended
30 June
2023
30 June
2024
Gifts for beneficiaries
240
1,667
Page 12

ELLIE'S LOVE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
Analysis of expenditure by activitias (contlnued)
Analysis of support costs
Total
funds
Total
funds
Period ondad
30 Juna
2023
30 Jun8
2024
Governance
1,050
1,020
Independenl examlnorfs remunoratlon
The independent examinerfs remuneration amounts to an Independent examlner fee of £1.050 (2023 -
£1,020).
10. Trustees. remunerallon and expenses
Durfng the year, no Trustees recelved any remuneration or other banefits (2023 - £NIL).
During the year ended 30 June 2024, no Trust88 8xp8ns8s have b88n incurred (2023 - £NIL).
11. Debtors
2024
2023
Due wlthln one year
Prepayments and accrued income
2,104
2,104
Page 13

ELLIE'S LOVE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
12. Creditors: Amounts falling due within ono yoar
2024
2023
Accruals and deferred income
1,140
3,974
2024
2023
Deferred Income at 1 July 2023
Resources def8rr8d during th8 y8ar
Amounts r818ased from previous periods
2,954
90
(2,954)
2,954
90
2,954
13.
Flnanclal Instruments
2024
2023
Flnanclal assets
Financial ass8ts measur8d at fair value through income and exp8nditur8
35,126
40,355
Financial assgts measured at fair value through income and expenditure comprise of cash and cash
equivalents.
Page 14

ELLIE'S LOVE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
14. Statemant of funds
statement of funds - currant year
Balance at
30 June
2024
Balance at 1
July 2023
Income Expenditure
Unreslrlcled funds
General Funds - all funds
38,485
30,633
(35.124)
33,994
Stalemenl of funds - prlor year
Ba18nc8 at
30 June
2023
Balanc8 at
1 Apnl 2022
Incom8 Expenditur8
Unr8Strlcted funds
General Funds - all funds
40,498
38,205
(40,218)
38,485
15. Analysls of not assets between funds
Analysls of not assots between funds - current perlod
Unrestrlcted
funds
2024
Total
funds
2024
Currenl assets
Creditors due within one year
35,134
11,140)
35,134
(1,140)
Total
33,994
33,994
Page 15

ELLIE'S LOVE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
15. Analysis of not assets between funds (continued)
Analysis of net assets belween funds - prior period
Unr8Stricted
funds
2023
Total
fvnds
2023
Current assets
Creditors due within one year
42,459
(3.974)
42,459
(3.974)
Total
38,485
38,485
16.
Related party transactlons
Th8 Charity has not enter8d into any related party transaction during the year, nor are there any
outslanding balances owing be￿68n r8lated parties and the Charity al 30 June 2024.
Page 16