REGISTERED CHARITY NUMBER: 1165824 ## **UNAUDITED FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31ST DECEMBER 2025** **FOR** ## **CHILDREN AT RISK IN ASIA (CARA)** Contact address: 10 Greystoke Close Berkhamsted Hertfordshire HP4 3JJ https://www.carauk.org **CHILDREN AT RISK IN ASIA (CARA)** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025** ||**Page**| |---|---| |**Trustees' Report**|1 to 2| |**Independent Examiner's Report**|3| |**Statement of Financial Activities**|4| |**Balance Sheet**|5| |**Notes to the Financial Statements**|6 to 8| |**Detailed Statement of Financial Activities**|9| ## **CHILDREN AT RISK IN ASIA (CARA)** ## **TRUSTEES' REPORT** ## **FOR THE YEAR ENDED 31ST DECEMBER 2025** Thanks to the generosity of our many supporters, in 2025 CARA raised £30,116 and transferred £29,924 to One Sky. CARA together with the Pan Asia Women’s Association supported 264 children to continue their education. CARA trustees agreed to allocate funds to other projects set up by One Sky in response the deteriorating situation along the Thai/Myanmar border as result of the civil war in Myanmar. The bombing of the villages is leading to a fresh wave of migrants coming into the Sangkhlaburi area of Thailand needing support. In this chaos there are some children who need to be taken into care and CARA supports One Sky’s family based care project of foster care and kinship care providing a more desirable option than putting children into institutional care. One Sky is the first NGO in Thailand to partner with the government’s new system of provincial Foster Care Approval Committees. In 2025 this partnership made Kanchanaburi the most successful province with 9 new foster families approved. One Sky is now building on this progress and promoting this successful model to other provinces. In January 2026 CARA trustees Colin and Jan Lillicrap visited Sangkhlaburi and were taken by One Sky to meet some of the families we support. Many live in simple huts in the jungle without running water, sewage treatment or electricity. We met an 84 year old grandmother taking care of her two young grandchildren. In another hut we met a single mother and her young son who had recently escaped from Myanmar where their village was being bombed. There are many more examples like these where people displaced from Myanmar are forced to live in poverty. The funds allocated to One Sky enable them to reach out to these people and ensure when possible the children live in a secure family environment and have access to an education. As reported last year, One Sky is seeing increased demand for its services while major donors have pursued a policy of reducing support year on year and have now stopped donating. This is leading to a budget shortfall that has forced One Sky to reduce support for disadvantaged children and reduce staff salaries. CARA is exploring other sources of funding from businesses. For a business to donate to a charity there is a legal requirement to enter into Commercial Participation Agreement (CPA). To facilitate this CARA has signed up with Work For Good an online platform that simplifies the setting up of the CPA. Our main fund raising event will be our annual garden party on 5[th] July. You can donate on the CARA website by clicking on CARAdonate at https://www.carauk.org/donate. You can also donate while shopping online with most major retailers at no extra cost by selecting CARA as your preferred charity using Easyfundraising. 99% of your donations are used to make a real difference to hundreds of children’s lives. We are all volunteers and keep overheads to the essential minimum. We are grateful to Chris Hodson for volunteering to carry out the independent examination of CARA’s accounts as required by the Charities Commission. ## **The bigger picture** To appreciate why CARA supports One Sky and the importance of the work they do, we need to understand the circumstances in which they operate. In the western provinces of Thailand along the border with Myanmar there are many thousands of migrant families who have escaped the many years of fighting in Myanmar. A recent media report stated the civil war in Myanmar has killed 100,000 people since 2021 and displaced three million. Last year 45,000 were killed through bombing of the Page 1 **CHILDREN AT RISK IN ASIA (CARA)** ## **TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31ST DECEMBER 2025** villages. Many of the displaced people have escaped to Thailand with thousands located in the Sangkhlaburi province where One Sky operates. They have few rights and are exploited as cheap labour, often being paid less than a third of the minimum wage, leading to extreme poverty, which is the primary cause of 135,000 children being in institutional care even though over 90% of them have a living relative. At the time of writing, the impact of the war in the Middle East is sending fuel prices rocketing in Thailand, making food even more expensive for those who were already struggling. ## **FINANCIAL REVIEW** ## **Reserves Policy** At 31st December 2025 the bank balance of £26,469 represented the reserves. The trustees' policy is to hold sufficient cash reserves to cover annual administrative expenses and to build up funds for our partner charity in Thailand, One Sky Foundation, which provides the in-country support to beneficiaries. It is our practice to pay grants twice a year to One Sky Foundation to enable them to support disadvantaged children in Thailand. This policy is reviewed regularly. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust, and it is not incorporated. ## **Trustees** The trustees during the year were Dr C Lillicrap, Mrs J Lillicrap, Mr KJP Connaughton and Mrs M Scholes (appointed 17 November 2025). The charity is managed by the trustees. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Charity Number** 1165824 ## **Principal Address** 10 Greystoke Close Berkhamsted Hertfordshire HP4 3JJ ## **Independent Examiner** Christopher Hodson Chartered Management Accountant 47 Albion Road Pitstone Leighton Buzzard LU7 9AY Approved by the trustees on 10th April 2026 and signed on their behalf by ….................. Dr C Lillicrap Trustee Page 2 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHILDREN AT RISK IN ASIA (CARA)** ## **Independent examiner's report to the trustees of Children At Risk in Asia (CARA)** I report to the charity trustees on my examination of the accounts of Children At Risk in Asia (CARA) (the Trust) for the year ended 31st December 2025. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (the Act). I report in repect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent Examiner's Statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe in any material respect: - 1) accounting records were not kept in respect of the Trust as required by section 130 of the Act, or - 2) the accounts do not accord with those records, or - 3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Christopher Hodson FCMA 47 Albion Road Pitstone Leighton Buzzard LU7 9AY 10th April 2026 Page 3 ## **CHILDREN AT RISK IN ASIA (CARA)** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2025** |Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**3**
**EXPENDITURE ON**
Administration
**Charitable activities**
Grant payments to One Sky Foundation
**Total expenditure**
**NET INCOME/(EXPENDITURE)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|31/12/2025 31/12/2024
Unrestricted
Restricted
Total
Total
funds
fund
funds
funds
£
£
£
£
30,180
8,000
38,180
54,802
192
-
192
133
21,924
8,000
29,924
39,500
22,116
8,000
30,116
39,633
£8,064
-
£8,064
£15,169
26,469
-
26,469
11,300
34,533
-
34,533
26,469| |---|---| The notes form part of these financial statements Page 4 ## **CHILDREN AT RISK IN ASIA (CARA)** ## **BALANCE SHEET AT 31ST DECEMBER 2025** |Notes
**CURRENT ASSETS**
Cash at bank
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
Unrestricted funds
**4**
**TOTAL FUNDS**|Unrestricted
Restricted
funds
fund
£
£
£34,533
-
£34,533
-
£34,533
-
£34,533
-|31/12/2025 31/12/2024
Total
Total
funds
funds
£
£

£34,533
£26,469

£34,533
£26,469

£34,533
£26,469

£34,533
£26,469
£34,533
£26,469
£34,533
£26,469| |---|---|---| The financial statements were approved by the trustees and authorised for issue on 10th April 2026 and signed on their behalf by: C Lillicrap Trustee The notes form part of these financial statements Page 5 **CHILDREN AT RISK IN ASIA (CARA)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025** ## **1) ACCOUNTING POLICIES** The accounts of the charity have been prepared on a receipts and payments basis as allowed under section 133 of the Charities Act 2011. The accounts have been prepared under the historical cost convention. ## **Income** Income is recognised in the Statement of Financial Activities once the charity has received it. ## **Expenditure** Expenditure is recognised in the Statement of Financial Activities once it has been paid out. ## **Taxation** The charity is exempt from tax on its charitable activities. It is entitled to claim tax back on amounts donated with Gift Aid. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objectives of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2) TRUSTEES' REMUNERATION AND BENEFITS** There was no trustees' remuneration or other benefits for trustees in the year (2024: nil). ## **Trustees' expenses** There were no trustees' expenses paid in the year (2024: nil). Page 6 **CHILDREN AT RISK IN ASIA (CARA)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025 (CONTINUED)** ## **3) COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES FOR PRIOR YEAR** |||Unrestricted|Unrestricted|Restricted
Total| |---|---|---|---|---| ||||funds|fund
funds| ||||£|£
£| ||**INCOME AND ENDOWMENTS FROM**|||| ||Donations and legacies||46,802|8,000
54,802| ||**EXPENDITURE ON**|||| ||Administration||133|-
133| ||**Charitable activities**|||| ||Grant payments to One Sky Foundation||31,500|8,000
39,500| ||**Total expenditure**||31,633|8,000
39,633| ||**NET INCOME/(EXPENDITURE)**||£15,169|-
£15,169| ||**RECONCILIATION OF FUNDS**|||| ||Total funds brought forward||11,300|-
11,300| ||**TOTAL FUNDS CARRIED FORWARD**||26,469|-
26,469| |**4)**|**MOVEMENT IN FUNDS**|||| ||Unrestricted funds|At
01/01/2025
£
26,469||Movement
At
in funds
31/12/2025
£
£
£8,064
34,533| ||The movement of funds included in the above|are as follows||| ||Unrestricted funds||Income
£
30,180|Expense
Movement
£
£
(£22,116)
£8,064| ||**Restricted funds**|||| ||Grant from charitable trust||8,000|(£8,000)
-| ||**TOTAL FUNDS**||38,180|(£30,116)
£8,064| Page 7 **CHILDREN AT RISK IN ASIA (CARA)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025 (CONTINUED)** ## **4)** ## **MOVEMENT IN FUNDS (CONTINUED)** ## **Prior year comparatives for movement of funds** |||At|Movement|At| |---|---|---|---|---| ||01/01/2024||in funds|31/12/2024| |||£|£|£| |Unrestricted funds||11,300|£15,169|26,469| |The movement of funds included in the above are as follows||||| |||Income|Expense|Movement| |||£|£|£| |Unrestricted funds||46,802|(£31,633)|£15,169| |**Restricted funds**||||| |Grant from charitable trust||8,000|(£8,000)|-| |**TOTAL FUNDS**||54,802|(£39,633)|£15,169| |||||| ## **5) RELATED PARTY DISCLOSURES** In 2025 the charity gave grants of £29,924 (2024: £39,500) to One Sky Foundation to support their aims of helping children at risk in Thailand. Andy Lillicrap, son of two of the trustees, Dr C Lillicrap and Mrs J Lillicrap, is one of the founders of One Sky Foundation and remains an adviser to One Sky Foundation. ## **6)** ## **RESTRICTED FUNDS** ## **Restricted grant funds** The restricted grant funds are specifically restricted to providing education support. Page 8 ## **CHILDREN AT RISK IN ASIA (CARA)** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2025** |**INCOME AND ENDOWMENTS**
Grant from charitable trust
Other donations
HMRC Charities tax refund
**Total income**
**EXPENDITURE**
**Administration**
Accounts
Bank charges
Sundries
**Charitable Activities**
One Sky Foundation grants
**Total expenditure**
**Net Income/(Expenditure)**|2025
£
8,000
26,826
3,354
38,180
-
192
-
192
29,924
30,116
£8,064|2024
£
8,000
43,758
3,044
54,802
-
133
-
133
39,500
39,633
£15,169| |---|---|---| Page 9