{Registered Charity No. 1166803) the lUra centre For when a child dies or is bereaved Trustees Report and Accounts Year ended 31 March 2024 R•glst•rad Office: The Laura Centre Toww Street Leicester LE16WS Charftabla Incorporated Organisation (CIO) Number 1166803
(Registered Charity No. 1166803) THE LAURACENTRE CIO Index Contents Pago Charity Reference and Administrative Details Trustees Annual Report Independent Exarniners Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 10-15
(Registered Charity No. 1166803) THE LAURA CENTRE CIO Charlt Reference and Administrative Details for the èar andad 31 March 2024 Trustees: Dr H Moore MBE (Chair} S Leggott J Delve J White F E fJarke A Leaske Chlef Executlve Officer S Blnning Charty Registration Number: 1166803 Goveming Document: Constitution dated 28 April 2016 Charity Head Office.. Laura Centre 4 - 6 Tower Street Leicester LE16WS Independent Examiners.. Celerica Ltd Certified Accountants & Registered Auditors First Floor, The Old Chapel 9 Kempson Road Leicester LE2 8AN Bankers: CAF Bank Limited Kings Hill West Malling Kent ME19 4JQ Barclays Bank PIC 1- 3 Haymarket TovrS Humberstone Gate Leicester LE11WA Page 1
(Registered Charity No. 1166803) THE LAURACENTRE CIO Trustees Annual Re ort for the ear ended 31 March 2024 The trustees present their annual report and financial ststements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP} "Accounting and Reporting by Chartties. 2019 (FRS102) in preparing the annual report and financial statements of the charity. The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity goveming document, the Charittes Act 2011 and Accounting and Reporting by Charities: Ststement of Recommended Practice applicable to charltles preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019. Trustees of the Chari The trustees listed on page 1 have served as trustees during the year. Introduction - The Laura Centr• Hlstory The Laura Centre, affectionately known as TLC, was founded by two bereaved parents, Gail and Harry Moore following the death of their daughter, Laura, aged 5. from Leukaemia in 1989. At that time, they sought to address the total lack of supp)rt. facilities and resources for bereaved parents affected by the death of a child arKJ chlldren and young people affected by the death of a parenllsibling. which the family were facing first hand. They brought together a working paty of invited indlvlduals Indudlng dinicians dealing with death and dying. psychologists. psychotherapists and other bereaved parents, their aim beirKJ: to develop a working brief to create a dedicated specialist bereavement Centre for when a child dies or is bereaved. The Moore's went on to launch a focused awareness and fundraising Campaign, with tha help of the local media. The Laura Centre opened its doors in 1991 and SIn thls tlme has supported many thousands of bereaved families. Every year TLC sees over 650 individuals referred to the Centre for the very first tlme. Thls glves you a flavour of the scale of this vital service and how our clinical interventions improve lrfe chances by strengthening bereaved families, positively, practlcally, for lrfe. The model the Moore's created, engenders firm foundations. continuity of care and service delivery, together with the ethos of shared consuEtation within the communlty TLC serves, remains today with our beneficiaries keing at the heart of all we do. TLC is a well-established charity and recognised natlonally for Its cuttlng edge approach and dinical exllenCe in the field of family bereavement. This molel underpins the charitys grovrth and development, in a managed and phased way, across the geographical area V now serve. Th• vision of The Laura Centre Is to craato a culture of compassion for bereavad families. The Laura Centre is seen as the preferred provider, within our geographical reach. of highly specialist bereavement counselling and therapeutic support. Our work is recognlsed natlonally for Éts clinical excellence in the field of traumatic grief, anticipatory grief work and family bereavement. Sltuated In the Heart of England, TLC offers a holistic package of care and clinical interventions responding to the individual needs of those referred to us. Our service is fully accesslble and free at the point of delivery to achieve positive change. The charity's tried and tested model of clinical delivery using specialist professional wunsellors and therapists to offer a wide range of individual and group support, as well as a variety of altemative therdpies, is highly successful in delivering lasting regional solutions for bereaved families. Page 2
(Registered Charity No. 1166803) THE LAURACENTRE CIO Trusttss Annual Re ort for tho ear ended 31 March 2024 Continued Objectlves and Actlvltles The charity was established under a trust deed dated 10 July 1986 and called the Children's Leukaemia and Cancer Fund. The aim of the charity was to relieve chlldren and young persons suffering from lrfe threatenlng diseases. The charity started operating under the name COPE during 1988 and formally adopted the change of name In 1992. There were further amendments to the objectives in 2003 and these were incorporated into the new Charttable Incorporated Organisation (CIO} on 28 Aprll 2016 objectNes which are as follow8: . To relieve adults suffering the effects of an antlcipated or actual d6ath of a child of any age and from any cause and to relieve children and young people sufferlng the effect of anticipated or actual death of a sibling, parent, grandparent or other significant person through the provision of advice, counselling and support servl¢es' and • To promote and encourage the study of and research into life threatening diseases and the effects of bereavement on parents. children and families and publishing the results of such research; and . To promote and encourage the advancement of education for those involved in the provision of advice, counselling and support services to families who have suffered the death of a child or vthose child Is suffering from a life threatening illness,. and . The promotion of such other purposes recognised as charitsble under the law of England and Wales in such parts of the United Klngdom as the Charity Trustees from time to time may think fit. In order to achieve the above objective, The Laura Centre provldes ¢ounsellirKJ. advice and support for anyone affected by the loss of a child and for children up to the age of 25 who are affected by a significant loss. The Centre employs quallfied counsellors and psychotherapists to offer a range of individual and group work together with offering support. training, consultation and supervision to a range of organisatlons Including local schools and nurseries and other voluntary and statutory agencies. The ser¥ice is free to any bereaved person seeklng support. Achlevomonts and Perforniance It has been a very busy and fruFttul year, the plans V put in place have been working steadily and successfully. Our appointment of a marketing manager has proved to be effective. The Laura Centre has had a refresh of rts branding with new marketing tools and materials, which has in tum helped to promote our centre and also when nelworking. Statistics from our new website have shown there have been a lot of people accessing our website and the resources on there. Our delivery of training this year has proved to be very successful, we have delivered training to educational establlshments, NHS services and organisations working wthin the County Council. This has generated a significant income stream as well as cascading vital information to those working wlth bereaved people, helping them to provide much more effective support to the bereaved communities. We are pleased to have started our new group programme for children and young people, and are Currently building on this depending on the needs of our beneficiaries. Our groups are providing our clients with much needed peer support in a therapeutic environment. After centralislng our services to the Leicester centre. The Laura Centre continues to support beneficiaries from Derby, Coventry and Warwickshlre successfully. The remote and group work contlnues to work well with these clients. Page 3
(Registered Charity No. 1166803) THE LAURA CENTRE CIO Tru8t•os Annual Re ort for the ar ended 31 March 2024 Contlnuod Financial Review At the balance sheet date. the net assets of the charity totalled £118,135 (2023- £126.146} of which £39,859 (2023 - £21 ,976) was restricted. The overall financial position of the charity was considered robust as £106,682 {2023 - £109.563} was held in cash. The total incoming resources ft)r the year were £337,550 (2023 - £354.353). The total resources expended for Ihe year were £345,561 (2023 - £347.651) resulting in a net deficit of £8.011 {2023- surplus of £6,702). Salary costs for staff who work across the three areas are clearly delineated. The Laura Centre...Plan8 for future..... The Laura Centre is currently working well and capacity, this year we will continue to build on the work we are already doing. We are pleased with the direction that our service is going in and will draw upon our experience and findings from this year and into the next. We hope that our training programme will continue to draw in revenue this year and give guidance to others. To ensure thls happens we will continue to network and build relationships with other organisations that will come and take part in our training days. We are currently working on a new database which will streamline the way we keep our dinical work, this will make our statistics and reporting much more efficient and effective for when writing ports and analysing our service. Our website is a work In progress, we would like this to be much more resourceful for those who are in neeil of our support. This will include more resources specifically tailored towards children and young people. Also. towards professionals that are working to support bereaved families. Reserves policy The long term aim of the trustees is to hold cash equivalent to approximately six months running costs in order to ensure the long term viabilty of the charity. Actual cash is less than this at present but the trustees are committed to achieving this aim. Total unrestricted funds at the year end are £78.276 and restricted funds £39.859 Structure, governance and management Decisions which affect the charitable objectives are made by the trustees with advlce from the Chief Executive and the Senior Management Team. The Chief Execulive reports to the Chairman. Any operational decisions which Involve expendlture of less than £1,000 is designated to the Chief Executive. The introduction of new trustees is undertaken by the Chairman, Harry Moore and opportunities for further training in the role are brought to the attention of the Board of Trustees at their regular meetings throughout the year. Page 4
THE LAURA CENTRE CIO Trustees Annual Re ort for the ear ended 31 March 2024 Continued Structure, governance and management (Continued) The structure can be best illustrated as follows: Board of Trustees CEO Director of Income Generation Referral and Business Support Director of Clinical Serrfices Associate Counsellors Counsellors The Trustees are apprecistive of the unconditional dedication shown by the team the charity employs and the supportive energies of the many volunteers who give up their own free time to help us in consistently achieving all that we do. We know that all this contributes to The Laura Centre's vital work in supporting those families we were founded to serve not only cope but re-engage with life and their communities. This is due to the quality of the clinical work we provide and our understanding of the way in thlch grief affects people in different ways. The Laura Contre...a safo space for leaming the tools to help In deallng with grlef Publlc benefit The trustees have considered the Charty Commission's requirement in respect of Public Benefit. In their view the charity meets. in full. the criteria to satisfy the test. Rlsk management The charity trustees have reviewed the major risks whlch are the loss of funding to which the charlty Is exposed to and have established systems and procedures to manage those risks. Trustees Responslbllltles The trustees are responsible for preparing the Trustees, Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Stsndards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a twe and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financlal statements, the trustees are required to.. selecl suitable accounting policies and then apY them conslstently,. obserye the methods and principles in the Charities SORP 2019 (FRS 102). make judgements and estimates that are reasonable and prudent., state whether applicable accounting standards have been fo15owed, subject to any material departures disclosed and explained in the financial statements,. prepare the financial ststements on the going concern basls unless it is inappropriate to presume that the charity will Continue in operation. Page 5
(RIStered Charlty No. 1166803) THE LAURACENTRE CIO Tru8t•os Annual Re ort for the ear •nded 31 Maych 2024 Contlnu Tru$to•s Responslbifrties (Contlnued) Tho trusteas are responslble fcy keeplrg proper accounting r6Mrds Ihat dlsclose with reagonth accuracy at any tlme the finala1 poslilon of ts charlty and enable them to ensure that the financial Statements comply th the Charltles Act 2011, ts Charllles'(AGwunts and Reports) Retic$ 2008 8nd the provisions of the tru8t deed. They are ro3px$ible for safeguardlng assets of th• charity and ha for taking reasonable steps for the prevention and detectlon of fraud arKI other IrrarlI. Slgned on behalf ol thè trtee$". Dr H Moore MBE Page 6
(Registered Charity No. 1166803) REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF THE LAURA CENTRE CIO Independont Examlnerfs Report to the Trustees of The Laura Centre CIO. I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2024 which are set out on pages 8 to 15. Responsibilities and basis of report As the CharItS trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (Yhe Act"). I report in respect of my examination of the charitys accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent examinerfs statement Since the chariws gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that l am qualrfied to undertake the examination because I am a member of the ACCA. which 18 one of the listed bodies. 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 belleve that in any material respect: 1. accounting records were not kept in respect of the charity as requlred by section 130 of the 2. the accounts do not accord with those records" or 3. the accounts do not comply wlth 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 Yrue and falr vlev/ 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. Anilkumar Tailor FCCA Celeri¢a Ltd Certified Accountants First Floor, The Old Chapel 9 Kempson Road Leicester LE2 8AN Dated: Iq/i2/14 Page 7
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(Registered Charity No. 1166803) THE LAURA CENTrE CIO Balanc• Sheet as at 31st March 2024 2024 2023 Flxed assots Tangible frAed assets 3,820 1,314 Curr•nt ass$ Dabtors Cash at bank and in hand 19.852 106,682 126,534 28.729 109,563 138,292 Cr•dltorn: amounts falllng due wlthin ong year Other creditor8 12.219 Net curront assets 114.315 124,832 N•t assets 118.135 126,146 Cthwlty lunda UnMtrkt•d 12 78,276 104.170 Rostrictod 12 39.859 21,9T6 13 118,135 126,146 Iq/ii124 The financitil Statements were approved and authorlsed for issue by the Board on ..... ...... ....... 8lgned on behaw ol the b(Mrd of truste Trustee Name: Dr H Mocfe MBE Th• notes oft pag•* 10 to 15 forni part of th•8• account• Page 9
(Registered Charity No. 1166803) THE LAURA CENTRE CIO Notes to the financial statements for the ar énded 31 March 2024 1. Summary of slgnificant accounting pollcies a General information and ba818 of preparation Laura Centre is a charitable incorporated organlsatlon In England. The address of the registered office is glven In the charity information on page 1 of these financial statements. The nature of the charity's operations and principal actlvitles are detailed in the trustees report. The financi81 statements of the charity, which is a public benefit entity as defined by FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practi applicable to charities preparing thelr accounts in accordance with the Financial Reporting Standard applicable in UK and Republic of Ireland (FRS 102) (effective 1 January 2019),, Financial Reporting Standard 102 'The Financial Reportlng Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011 and UK Generally Accepted Accounting Practlce. The financial statements are prepared on a golng concern basis under the historical cost convention, modlfled to include certain items at fair value. The financial statements are psented in sterling which is the functional currency of the charity and rounded to the nearest £1. The significant accounting policies applied in the preparatlon of these financial statements are set out below. These pollcles have been consistently applied to all years presented unless otherwise stated. b Funds Unrestricted funds are available for use at the dlscretion of the trustees in furtherance of the general objectlves of the charity and which have not been designated for other purposes. Deslgnated funds comprise unrestricted funds that have been set aside by the trustees for particular purp08es. The aim and use of each deslgnated fund is set out in the noles to the financial statements. Restricted funds are funds which are to be used in accordance with specrfic restrictions Imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restrlcted fund is set out in the notes to the financial statements. c Income recognition All incoming resources are included in the Statement of Financial Actlvities (SOFA) when the charty is legally entitled to the income after any performance of Conditions have been met, the amount can be measured reliably and it is probable that the income will be received. Income from grants and local authority fees are recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred. For legacies, entitlement is the earlier of the charity being notified of an Impending distribution or the legacy being received. At this point Income is recognised. On occasion legacies will be notffled to the charity however it is not possible to measure the amount expected to be distributed. On thes8 occssions, the legacy is treated as a contingent asset and disclosed. IoMe from investments is included In the SOFA in the period in which it is receivable. Page 10
(Registered Charity No. 1166803) THE LAURA CENTRE CIO Not to the financial statements for the Oar andad 31 March 2024 1. Significant Inforniation and basis of preparation (Continued) d Expenditure recognition All expendlture is accounted for on an accruals basis and has been classified under headings that aggregate all costs lated to the category. ExperKliture is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required and the amount of the obligation can be measured reliably. e Support costs allocatlon Support costs are those that assist the work of the charity but do not directly represent charitable actlvities and include office costs. governance costs and administrative costs. They are incurred directly in support of expenditure on the objects of the charity. Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. The analysis of these costs is in included in note 3. f Tanglble flxod assets Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Costs includes costs directly attributable to making the asset capable of operdting as intended. Depreciation is provided on tangible fixed assets. at rates calculated to vffite off the cost. less estlmated resldual value, of each asset on a systematic basis over it's expected useful lrfe as follows: Alterations to leasehold property Fixtures, fittings and equipment Website Over period of the lease Three years Four years g Pensions The charlty operates a defined contribution pension plan for its employees and is recognised as an expense. h Taxation The charty is exempt from tax on its charitable activities. Dèbtors and creditors Debtors and credrtors th no ststed interest rate and recelvable or payable withln one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure. J Cash at bank and in hand Cash at bank and in hand includes cash in hand and monies on short term deposits at the bank. k Going concwn The financial statements have been prepared on a golng concern basls as the trustees belleve that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concem. Page11
(Registered Charity No. 1166803) THE LAURA CENTRE CIO Notes to the financial statements for the ar ended 31 March 2024 Continued 2. Income from donations and legacies Unrestricted Restricted Funds Funds Total 2024 Total 2023 a) Donations and Legacies Donations including gift aid CCG Grant Other income from grants Legacy 77,722 77,722 48,097 208,646 76,027 48,097 197,691 30.000 351.815 48,097 121,794 86,852 164,575 169,891 334.466 b) Charitable activities Supervision and lecture fees 2,855 2,855 2,855 2,855 2.228 2.228 c) Investments Bank interest 229 229 229 229 310 310 3. Charitable Acllvltles Unrestrlctad Restricted Funds Funds Total 2024 Total 2023 a} Direct charitsble costs Salaries and national insurance Bought in therapy sessions and expenses Supervision and training of counsellors 22,868 17.501 5.359 45,728 152.008 174.876 17,501 5.359 197,736 171.110 22,936 5,218 199,264 152,008 b) Support and admlnlstration Salaries and national insurance Depreciation Insurance Premises expenses offi expenses 56.649 1,441 4,339 38.597 44.998 146,025 56,649 1,441 4.339 38,597 44,998 146,025 56.161 820 3.519 48,062 37,845 146.407 Combines charlty activity costs 191,753 152,008 343,761 345.671 4 Oth¢r Costs Unrestrfcted Restrlct Funds Funds Totsl 2024 Total Accounts examination fee 1.800 1.800 1,800 1.800 1,980 1,980 Page 12
(Registered Charity No. 1166803) THE LAURA CENTRE CIO Notes to the financial statom•nts for the ar endod 31 March 2024 5 Staff costs and trust$ remuneratlon 2024 2023 Staff costs during the period were as follows: Wages and salaries and sessional workers Employeffs National Insurance Pension costs 215,203 18,052 4,364 237,618 214,992 13.713 4.414 233,119 The trustees did not receive any remuneration or Vre reimbursed any expenses during the year. Key personnel received total remuneration of £81,042 (2023 - £79,865) during the year. Key management personnel comprises of the Chief Executive and the Director of Clinical Services. Both individuals participate in the provision of the clinical Servi for the Organisation as well as undertaking their management responsibilities. The average number of persons employed bythe charity during the year was 11 (2023- 11). No employees received total employee benefits {excluding employer pension costs) of more than £60.000. 6 Tanglble flxed assets Aterations to Flxtures Flttin Le85ehohJ & Wobsite Totsl Cost: As at 1 Aprll 2023 Additions Disposals As at 31 March 2024 19.996 111,458 1,179 131.454 3,947 2,768 19.996 112.637 2,768 135.401 reciation: As at l April 2023 Charge for the year Eliminated on disposal As at 31 bAarch 2024 19.996 110,144 980 130.140 1,441 461 19.996 111,124 131.581 Net Book Value: As at 31 March 2024 1,513 2,307 3.820 As at 31 March 2023 1,314 1,314 7 Dobtors 2024 2023 Trade Debtors Prepayments other debtors 150 6,899 12,803 19,852 5,974 22.755 28,729 Page 13
{Register8d Charity No. 1166803> THE LAURA CENTRE CIO Notes to the finandal stalements for the ear •ndod 31 March 2024 Continued 8 Cash at bank and In hand 2024 2023 Bank operating accounts Deposit accounts Pety cash 39.409 67.146 127 106,682 82.399 27.050 113 109,562 9 Creditors: amounts falling due within one year 2024 2023 Trade creditors Accruals and deferred income Social security and other taxes 5,235 2,230 4,754 12,219 4,181 2,880 6,399 13,460 10 Operating loas• commltments Total future m inimum lease payments under non-cancellable operating leases, for each of the following periods were: Land and Buildings: Due within One year Due in 2 - 5 years More than five years 33.950 101,850 106,285 242.085 33.750 67.000 67,000 167.750 11 Related party transactions There were no related party transactions during the year or the previous year. 12 Funds Balance 1 A ril 2023 Balance 31 March 2024 enditure Tran8f8rs Unrestricted funds General 104,170 167.659 {193,553) 78.276 Restrlcted funds: The National Lottery Community Fund NHS Leicester, Leicestershire, Rutland ICB East Leicestershire & Rutland CCG 21,976 101,794 (95,935) 27,835 48.097 (36,073) 12,024 20,000 {20,000} 126,146 337,550 1345.561) 118.135 The National Lottery Community Fund Funds received towards the provision of counselling services. NHS Leicester, Loi¢•st•rshlre, Rutland ICB Funds received specifically to pay the costs of full and part time bereavement counsellors. East Le1¢ter$hIre & Rutland CCG Mental Health & Wellbeing Grant Fund for counselling services. Page 14
THE LAURACENTRE CIO Notes to th• financlal statements for the •ar ended 31 March 2024 Contlnued 13 Analysls of Net A88ets B&tw8en Funds an ible Flxed Assets Net Curren Assets Total Unrestrlcted funds General 3,820 3,820 74.456 74,456 78,276 78,276 Restricted funds: The National Lottery Community Fund NHS Leicester. Leicestershire, Rutland ICB 27,835 12,024 27,835 12.024 3.820 114,315 118,135 Page15