Docusign Envelope ID: 09893023-FA01-4E74-A34D-C16F2C0F7D26
Charity number: 1166538
Company number: 09909730
(England and Wales)
THE CHARLIE & CARTER FOUNDATION LIMITED
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 May 2024
Docusign Envelope ID: 09893023-FA01-4E74-A34D-C16F2C0F7D26
THE CHARLIE & CARTER FOUNDATION LIMITED Contents Page For the year ended 31 May 2024
| Report of the Trustees | 1 to 5 |
|---|---|
| Independent Examiner's Report to the Trustees | 6 |
| Statement of Financial Activities | 7 |
| Statement of Financial Position | 8 |
| Notes to the Financial Statements | 9 to 14 |
| Detailed Statement of Financial Activities | 15 to 16 |
Docusign Envelope ID: 09893023-FA01-4E74-A34D-C16F2C0F7D26
THE CHARLIE & CARTER FOUNDATION LIMITED
Report of the Trustees For the year ended 31 May 2024
The Trustees, who are also directors for the purposes of company law, have pleasure in presenting their report and the financial statements for the charitable company for the year ended 31 May 2024. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2015).
Chair's report
Chair's report
Statement of Trustees' responsibilities
. The Trustees are responsible for preparing the Trustees' report and the accounts in accordance with Charities Act 2011 and United Kingdom Generally Accepted Accounting Practice.
The Charities Act 2011 requires the Trustees to prepare accounts for each financial year which give a true and fair view of its financial activities during the year and of its financial position at the end of the year. In presenting those accounts, they are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP FRS 102;
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make judgements and estimates that are reasonable and prudent;
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follow applicable UK accounting standards and the Charities SORP FRS 102, disclosing and explaining any departures in the accounts; and
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prepare the accounts on the going concern basis unless it is inappropriate to do so.
The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the accounts comply with the Charities Act 2011 and with the requirements of the Statement of Recommended Practice Accounting and Reporting by Charities: statement of recommended practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102)
(effective 1 January 2015) - Charities SORP FRS102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102). They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities besides the above responsibilities.
This report was approved by the trustees on 31st October 2024
OBJECTIVES AND ACTIVITIES
Appointment and retirement of trustees
Membership of the committee of trustees is open to anyone aged over 18 years with an interest in furthering the objectives of the foundation and can offer skills, knowledge, experience and support. The committee consists of not less than five nor more than 10 members, elected at the Annual General Meeting. Should any member of the committee fail to attend three meetings within a period of six consecutive months without good or sufficient reason, they will be deemed to have resigned from the committee.
Organisation
The Foundation is organised so that the trustees meet regularly to review its affairs and set objectives. Risk management
The trustees have agreed to examine, on an annual basis, the major risks faced by the foundation. These risks included financial, operations and regulatory. The main steps taken to minimise such risks are maintenance of appropriate accounting records and insurance cover.
Objectives and activities
The objectives of the Foundation are the relief of children with life-limiting illnesses or conditions and their families, principally through: providing financial support to families with a child with a life-limiting condition which requires 24 hour nursing care or specialist facilities, so that the parents or carers may help care for the child; providing support information, guidance and advise to these families; working with professionals in local hospitals to help establish and meet the needs of these families; raising public awareness of the difficulties faced by parents and carers in these families; providing a further financial grant to the parents previously supported upon bereavement of their sick child, addressing their financial burdens at this time.
The main activities undertaken in relation to these objectives involve the assessment and verification of applications for financial support together with fundraising initiatives to enable us to meet our objective of funding one inspirational family per month.
In setting our objectives and planning our activities, the trustees have regard to the Charity Commissions public benefit guidance when exercising any powers or duties to which the guidance is relevant.
All of the trustees are unpaid (with exception of Sarah Cookson, who works in the finance department) volunteers to ensure all available funds are used to meet our objectives.
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Docusign Envelope ID: 09893023-FA01-4E74-A34D-C16F2C0F7D26
THE CHARLIE & CARTER FOUNDATION LIMITED
Report of the Trustees Continued
For the year ended 31 May 2024
Objectives and aims
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
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THE CHARLIE & CARTER FOUNDATION LIMITED
Report of the Trustees Continued
For the year ended 31 May 2024
ACHIEVEMENTS AND PERFORMANCE
The year started off as always with our fantastic volunteers out and about at South Shields Market every week and working hard in the pop-up shop. They also attended the Westoe Fete raising an incredible £415.15 much needed funds and of course chatting to the local community, raising awareness of the charity. Our market stall and our main shop in the town centre is at the heart of our charity where we have the opportunity to meet up with our supporters daily, offering them pre loved items to purchase at an affordable price. Giving back to the community whilst raising funds for our inspirational families.
August saw the return as one of the chosen charities for Mr Gay Great Britain with the contestants’ raising funds for us as part of the competition. The final at Alnwick Castle was a spectacle and we were proud to be part of it. The contestants put everything into their fundraising and between them they raised an amazing £11,256! The best amount to date and the organisers confirmed that we would be the chosen charity next year as well. We are looking forward to developing this exciting partnership.
September is always a busy month with the Mini and Junior Great North Run and of course the main event, the Adult Great North Run. The Mini and Junior event is really special for us, as we love to see children fundraising for our charity and celebrating Charlie and Carter. This year we had 53 runners taking part across the weekend and an incredible £12,817.28 was raised.
October came round quickly, and we celebrated Charlie with our annual fundraising ball. This year was a milestone as it was our 10 years celebration ball. This year the theme was The Blue Ball, and it was amazing to see our supporters embrace this theme and turn the Hilton Hotel Blue for Charlie and Carter. Our Trustees Mark and Shaun once again took on the role as comperes and led our guests on a rollercoaster ride of emotions throughout the night. We were absolutely thrilled that the night raised £17,704.38.
Unfortunately, we said goodbye to our Fundraising Manager, Joanne, who started a new role as an early year’s practitioner, but we were delighted that she agreed to become a trustee to help move the charity forward.
December is Carters birthday month and as always, we share memories of him with our supporters. Part of Carters legacy and our way of remembering him is by making up and donating bags full of essential items to the Freeman Hospital with items for the parents and the children. Sarah and Chris take these personally to the hospital and spend time with the parents who are all going through what they went through.
One of our corporate partners Pentagon Assurance donated tickets to a Newcastle United match which we were able to auction, raising a fantastic £1,200! The lucky winner had a great time, and we received this incredible donation, win win!
In December we welcomed Kerry Smith to the team as Family Support Coordinator. Kerry will be working with our families, paying the grants and building relationships with other charities to help us reach more families in need.
2024 started with the hiring of Laura Jane Forbes as Charity Fundraising and Events Manager. Laura will be focusing on Fundraising, Events and raising the profile of the charity with both businesses and the local community.
As a charity we have struggled with people not being able to register for events, so we looked at the platform Enthuse, which is tailored for charities and we decided to start using this. This makes signing up for events and creating online giving pages much easier for our supporters and saves some admin time for staff.
In February we were delighted that Pentagon Assurance once again donated tickets to a Newcastle United match and once again we raised £1,200. Support like this is amazing for us, and we are so grateful.
Moving into May our new Fundraising Manager was settling in very well to her newly assigned role, this saw the increase of much needed funds as we approached the spring. Once again, the amazing team at Kuei Ling held their annual boxing match in March raising funds for CCF. The boxers go all out for this event getting sponsorship and holding a raffle on the night. This year they raised a total of £4,560.19 which is incredible!
We received a wonderful surprise this month as well. One of our supporters popped in to see us with a very generous anonymous donation of £4,800. Their words were They were grateful to have been able to see his children grow up and he wanted to help people who were not as fortunate A very special and generous soul, there were of course tears in the office at this point!
In April we celebrated Charlie’s birthday. Charlie would have been 13 this year and it was a poignant moment for Chris and Sarah who always wonder what he would have been like as a 13-year-old. South Tyneside Council agreed to light up the Town Hall Blue on his birthday and helped us share the message for people to blow kisses up to the sky for Charlie.
Our annual Trek for Charlie and Carter saw 31 people walking from Sunderland to South Shields, not only raising awareness along the way but also £2,527 as well!
To end the financial year in style the Charlie and Carter Championships came to town! We were blown away by the support once again from all the dance schools across the country and the event raised a fantastic £8,300! Our patron Faye Tozer presented the Charlie and Carter Memorial Trophy to one of the amazing dancers.
There has been a lot of changes this year with regards to the running of the charity, new staff, new trustees, new procedures all to help us grow and continue to support families who care 24/7 for their sick child who is suffering a life limiting condition. Throughout this year we have supported 16 families and 6 bereaved families, directly paying their financial burdens, giving away in excess of £45,000.00.
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THE CHARLIE & CARTER FOUNDATION LIMITED
Report of the Trustees Continued
For the year ended 31 May 2024
Each family is different as to how the charity financially supports them, some have a need for more immediate £3000,00 worth of bill payments, due to their bills escalating. Others decide to spread their support over the months to give them the security of keeping their homes whilst they spend time with their sick child who will sadly not live a long life.
The support we receive is what keeps us going, we are forever grateful to our generous and hard-working supporters who are the engine behind the work we do, changing the lives of the families we support. We are excited to embark upon the next year and the years ahead with a strong driving force of trustees, staff and volunteers, along with our incredible CCF Supporters!
Financial Review:
In addition to generous donations from individuals and businesses, we rasied money from sales of donated goods, sales of our own branded merchandise and from fundraising events.
Our total income for the year ended 31 May 2024 amounted to £265,813 (2023: £228,656). From net proceeds we were able to support families' finances to the extent of £51,325 (2023: £51,862) in the period and we have carried forward unrestricted reserves of £173,067 (2023: £198,652)
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Foundation is company limited by guarantee without share capital. and is governed by its memorandum and articles of association. The company was incorporated on 9th December 2017 and was registered as a charity on 14th April 2016 (Charity no 1166538).
REFERENCE AND ADMINISTRATIVE INFORMATION
Name of Charity THE CHARLIE & CARTER FOUNDATION LIMITED Charity registration number 1166538 Company registration number 09909730 Principal address 18 Denmark Centre South Shields NE332LR
Trustees
The trustees and officers serving during the year and since the year end were as follows:
Independent examiner
Mr Christopher Cookson Mr Ian Farrar Mrs Sarah Jane Cookson Angela Todd Julie Skevington Shaun Andrew Darcy Claire Haley (Appointed: 17 November 2023) Joanne Nicholson (Appointed: 17 November 2023) Mark Andrew Nicholson Beach Accountants Limited Chartered Certified Accountants 10 Blue Sky Way Monkton Business Park South South Tyneside NE31 2EQ
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Docusign Envelope ID: 09893023-FA01-4E74-A34D-C16F2C0F7D26
THE CHARLIE & CARTER FOUNDATION LIMITED Report of the Trustees Continued For the year ended 31 May 2024
Approved by the Board of Trustees and signed on its behalf by
.............................................................................
31 October 2024
Mrs Sarah Jane Cookson
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THE CHARLIE & CARTER FOUNDATION LIMITED Independent Examiners Report to the Trustees
For the year ended 31 May 2024
I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 May 2024.
Responsibilities and basis of report
As the charity Trustees, who are also directors for the purposes of company law, are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiners statement
Since the Charitable company's gross income exceeded £250,000, your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by virtue of my membership of , which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the requirements of section 396 of the 2006 Act 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; or
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the accounts 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 accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
Beach Accountants Limited
Chartered Certified Accountants 10 Blue Sky Way Monkton Business Park South South Tyneside NE31 2EQ
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Docusign Envelope ID: 09893023-FA01-4E74-A34D-C16F2C0F7D26
THE CHARLIE & CARTER FOUNDATION LIMITED
Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 May 2024
| Notes Income and endowments from: Donations and legacies 2 Other trading activites 3 Other income 4 Total Expenditure on: Raising funds 5 Charitable activities Total Net expenditure Reconciliation of funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 36,727 229,086 - 265,813 (194,861) (96,537) (291,398) (25,585) 198,652 173,067 |
2023 £ 30,712 195,254 2,690 |
|---|---|---|
| 228,656 | ||
| (158,924) (91,590) |
||
| (250,514) | ||
| (21,858) 220,510 |
||
| 198,652 |
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Docusign Envelope ID: 09893023-FA01-4E74-A34D-C16F2C0F7D26
09909730
Registered Number :
THE CHARLIE & CARTER FOUNDATION LIMITED Statement of Financial Position As at 31 May 2024
| Notes Fixed assets Tangible assets 10 Investments Current assets Stocks 11 12 Debtors Cash at bank and in hand Creditors: amounts falling due within one year 13 Net current assets Total assets less current liabilities Net assets The funds of the charity Unrestricted income funds 14 Total funds |
£ 2024 6,356 100 6,456 2,671 8,371 161,244 172,286 (5,675) 166,611 173,067 173,067 173,067 173,067 |
£ 2023 6,225 100 |
|---|---|---|
| 6,325 | ||
| 1,379 12,059 185,346 |
||
| 198,784 | ||
| (6,457) 192,327 |
||
| 198,652 | ||
| 198,652 | ||
| 198,652 | ||
| 198,652 |
For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section
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476,
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The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records
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and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved and authorised for issue by the Board and signed on its behalf by:
Mrs Sarah Jane Cookson Trustee
31 October 2024
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Docusign Envelope ID: 09893023-FA01-4E74-A34D-C16F2C0F7D26
THE CHARLIE & CARTER FOUNDATION LIMITED Notes to the Financial Statements
For the year ended 31 May 2024
1. Accounting Policies
Basis of accounting
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement 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) (effective 1 January 2015)', Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.
THE CHARLIE & CARTER FOUNDATION LIMITED meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
Going concern
There are no material uncertainties about the charities ability to continue for the next 12 months.
Please see trustee comments below on the last two years net deficits shown in the financials:
We have sadly suffered a loss over the last 2 years, this is down to a number of factors, firstly the departure of our Fundraising Manager in Oct 2023, this left us with no active fundraising activities for a period of 3 to 4 month until the new Fundraising Manager was established in her role from February 2024. This led to a fall in funds raised over this period, we are now in a much stronger position, securing new corporate support, building upon relationships and networking with companies who are keen to support the work we do. This along with new fundraising events we have seen a rise in our income over the past 6 months looking forward to a bright future raising vital funds.
The Cost of Living Crisis has also had an impact on our charity shop takings, a lot of people choosing to sell their own pre-loved items on various media sites to help with their own personal income, this along with customers not being as flushed’ as they used to be has reduced our daily takings.
Funds
Unrestricted funds are incoming resources receivable or generated for the furtherance of the objectives of the Charity without a specified purpose and are available as general funds. Resources expended which meet these criteria are charged to the funds, together with a fair allocation of staff and support costs. Restricted funds are used for the specific purposes laid down by the donor or sponsor. Resources expended which meet these criteria are charged to the funds.
Incoming resources
All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Resources expended
Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure:
Taxation
The Charity is exempt from taxation on its charitable activities, as it is a registered charity.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Motor Vehicles 25 Reducing balance Fixtures and Fittings 15 Reducing balance
Stocks and work in progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Debtors
Debtors are recognised at the settlement amount due after allowing for any discounts and as per the terms agreed. Prepayments are valued at the amounts prepaid for services and accrued income are valued at the amounts due per terms agreed and there is certainty of receipt.
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THE CHARLIE & CARTER FOUNDATION LIMITED Notes to the Financial Statements Continued
For the year ended 31 May 2024
Current asset investments
Investments represent the historic cost of the value of stock investrment in a dormants CIC company.
Pensions
The Charity operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
Finance leases
Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.
Income and interest receivable
Income is recognised in the period when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably and is not deferred.
Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.
Income comprises of funds received from , fundraising, events, donations, as well as shop income, Gift Aif and charitable merchandise sales
and are included either as unrestricted funds and used for general purposes of the charity or
restricted funds for the purpose specified by the donor. They are recognised in the Statement of Financial Activities in the period.
The value of services provided by volunteers has not been included.
Investment income is included in the Statement of Financial Activities in the period in which it is receivable.
Interest on funds held in bank account is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
Expenditure and allocation of support costs
Expenditure incurred is recognised in the period once there is a legal constructive obligation to make a payment to a third party. It is probable that settlement will be required and the amount of the obligation can be measured reliably.
Allocation of staff and support costs:
These are management and administration costs and comprises expenditure not directly attributable to the generated funds, charitable or fund raising activities of the Charity, but relate to furtherance of the charity's objectives. They are therefore allocated to the relevant category of resources expended based on the department they work in.
Other accounting policies
Cash at bank and in hand:
Cash at bank and cash in hand includes bank balance kept in current and deposit accounts.
Creditors and provisions:
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provision are normally recognised at their settlement amount after allowing for any discounts.
Financial instruments:
The charity only has financial assets and financial liabilities of a kind that qualifies as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their amortised costs.
Critical accounting estimates and judgements:
There are no significant areas of judgement or key sources of estimation uncertainty arising from the preparation of accounts.
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Docusign Envelope ID: 09893023-FA01-4E74-A34D-C16F2C0F7D26
THE CHARLIE & CARTER FOUNDATION LIMITED
Notes to the Financial Statements Continued
For the year ended 31 May 2024
2. Income from donations and legacies
| Unrestricted funds Donations received come earned from other activities Unrestricted funds Fund raising events Shop income Gift aid from shop sales Merchandise sales ther income Grant income xpenditure on other trading activities Unrestricted funds Fund raising events |
2024 £ 36,727 36,727 2024 £ 84,597 123,720 18,808 1,961 229,086 2024 £ - - 2024 £ 194,861 194,861 |
2023 £ 30,712 |
|---|---|---|
| 30,712 | ||
| 2023 £ 61,183 117,789 14,235 2,047 |
||
| 195,254 | ||
| 2023 £ 2,690 |
||
| 2,690 | ||
| 2023 £ 158,924 |
||
| 158,924 |
3. Income earned from other activities
4. Other income
5. Expenditure on other trading activities
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THE CHARLIE & CARTER FOUNDATION LIMITED
Notes to the Financial Statements Continued
For the year ended 31 May 2024
6. Net income/(expenditure) for the year
This is stated after charging/(crediting):
| This is stated after charging/(crediting): | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Depreciation of owned fixed assets | 1,321 | 1,364 |
| Trustees' remuneration | 14,709 | 13,202 |
| Trustees' pension contributions | 254 | 189 |
| Staff pension contributions | 1,947 | 1,535 |
| taff costs and emoluments | ||
| 2024 | 2023 | |
| General staff | 6 | 6 |
| 6 | 6 |
7. Staff costs and emoluments
8. Trustee remuneration and related party transactions
The following related party transactions occured in the year:
Sarah Cookson being employed in the finance department.
Her Salary is the year was £14,079 and she received employer pension contributions of £254.
Her Salary is market rate and any changes are approved by the board of trustees to which Sarah has no vote in.
The charity engaged with a marketing company which the Trustee Ian Farrar is employed by. This engagement was at market rate and the trustee did not benefit from any of the transactions.
9. Comparative for the Statement of Financial Activities
The comparative year values on the Statement of Financial Activites are for unrestricted funds.
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Docusign Envelope ID: 09893023-FA01-4E74-A34D-C16F2C0F7D26
THE CHARLIE & CARTER FOUNDATION LIMITED
Notes to the Financial Statements Continued
For the year ended 31 May 2024
10. Tangible fixed assets
| Cost or valuation At 01 June 2023 Additions At 31 May 2024 Depreciation At 01 June 2023 Charge for year At 31 May 2024 Net book values At 31 May 2024 At 31 May 2023 |
Motor Vehicles £ 14,151 - 14,151 12,467 421 12,888 1,263 1,684 |
Fixtures and Fittings £ 14,091 1,452 15,543 9,550 900 10,450 5,093 4,541 |
Total £ 28,242 1,452 |
|---|---|---|---|
| 29,694 | |||
| 22,017 1,321 |
|||
| 23,338 | |||
| 6,356 | |||
| 6,225 |
11. Stocks and work in progress
| Stock 12. Debtors Amounts due within one year: Prepayments and accrued income Other debtors 13. Creditors: amounts falling due within one year Other creditors Accruals and deferred income |
2024 £ 2,671 2,671 2024 £ 7,098 1,273 8,371 2024 £ 3,073 2,602 5,675 |
2023 £ 1,379 |
|---|---|---|
| 1,379 | ||
| 2023 £ 12,012 47 |
||
| 12,059 | ||
| 2023 £ 2,542 3,915 |
||
| 6,457 |
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Docusign Envelope ID: 09893023-FA01-4E74-A34D-C16F2C0F7D26
THE CHARLIE & CARTER FOUNDATION LIMITED
Notes to the Financial Statements Continued
For the year ended 31 May 2024
14. Movement in funds
| Unrestricted Funds | ||||
|---|---|---|---|---|
| Balance at | Incoming | Outgoing | Balance at | |
| 01/06/2023 | resources | resources | 31/05/2024 | |
| £ | £ | £ | £ | |
| General | ||||
| General | 198,652 | 265,813 | (291,398) | 173,067 |
| 198,652 | 265,813 | (291,398) | 173,067 | |
| Unrestricted Funds - Previous year | ||||
| Balance at | Incoming | Outgoing | Balance at | |
| 01/06/2022 | resources | resources | 31/05/2023 | |
| £ | £ | £ | £ | |
| General | ||||
| General | 220,510 | 228,656 | (250,514) | 198,652 |
| 220,510 | 228,656 | (250,514) | 198,652 |
15. Analysis of net assets between funds
| Tangible fixed | Investments | Net current | Net Assets | |
|---|---|---|---|---|
| assets | assets / | |||
| (liabilities) | ||||
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General | ||||
| General | 6,356 | 100 | 166,611 | 173,067 |
| 6,356 | 100 | 166,611 | 173,067 | |
| Previous year | ||||
| Tangible fixed | Investments | Net current | Net Assets | |
| assets | assets / | |||
| (liabilities) | ||||
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General | ||||
| General | 6,225 | 100 | 192,327 | 198,652 |
| 6,225 | 100 | 192,327 | 198,652 |
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Docusign Envelope ID: 09893023-FA01-4E74-A34D-C16F2C0F7D26
THE CHARLIE & CARTER FOUNDATION LIMITED Detailed Statement of Financial Activities
For the year ended 31 May 2024
| INCOME AND ENDOWMENT Donations and legacies Donations Other trading activities Fund raising events Shop income Income from Gift aid from shop sales Income from Merchandise sales Other income Grant income Total incoming resources EXPENDITURE Other trading activities Staff costs - wages & salaries Staff costs - pension contributions Depreciation - owned assets Merchandise costs Accountancy fees Rent and rates Light and heat Repairs and maintenance Insurance Motor vehicle expenses Telephone Postage, packaging and stationary Sundries Advertising Fundraising events Selling fees Subscriptions Staff uniform Staff training Staff entertainment Professional fees Legal fees Charitable activities Staff costs - wages & salaries Staff costs - pension contributions Trustee - wages & salaries Trustee - pension contributions Family payments |
£ 2024 36,727 36,727 84,597 123,720 18,808 1,961 229,086 - - 265,813 (77,072) (1,380) (1,321) (3,677) (2,355) (28,717) (7,599) (5,531) (5,694) (4,477) (3,395) (1,627) (1,471) (4,625) (37,643) (2,063) (3,807) - (1,188) (1,115) - (104) (194,861) (29,682) (567) (14,709) (254) (51,325) |
£ 2023 30,712 |
|---|---|---|
| 30,712 61,183 117,789 14,235 2,047 |
||
| 195,254 2,690 |
||
| 2,690 | ||
| 228,656 (62,900) (949) (1,364) (1,747) (2,739) (28,432) (6,212) (3,320) (5,484) (3,679) (1,977) (1,508) (1,728) - (26,323) (1,644) (4,221) (575) (24) (784) (1,500) (1,814) |
||
| (158,924) (25,752) (585) (13,202) (189) (51,862) |
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Docusign Envelope ID: 09893023-FA01-4E74-A34D-C16F2C0F7D26
THE CHARLIE & CARTER FOUNDATION LIMITED
Detailed Statement of Financial Activities Continued
For the year ended 31 May 2024
Total resources expended Net Expenditure
| (96,537) (291,398) (25,585) |
(91,590) |
|---|---|
| (250,514) | |
| (21,858) |
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