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← Halo Children's Foundation

2024-03-31-accounts

Charity number: 1166863

HALO CHILDREN'S FOUNDATION

UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

HALO CHILDREN'S FOUNDATION

INDEX TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

Contents Pages
Legal and administrative information 1
Trustees Report 2-5
Independent Examiners' Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9-14

HALO CHILDREN'S FOUNDATION

LEGAL AND ADMINISTRATIVE INFORMATION FOR THE YEAR ENDED 31 MARCH 2024

Charity number 1166863
Trustees Fatima Rahil, Chair
Adela Grimshaw, Trustee
Michelle McCarroll, Trustee
Khadijah Larkins, Trustee
Principal address Mail Box 24
Hayes Business Studios
4-5 Damson Drive
Hayes
UB3 3DY
Principal operating Halo Play Café
office Unit 225
The Chimes
Uxbridge
UB8 1GB
Chief executive officer Alia Jones

Page 1

HALO CHILDREN'S FOUNDATION

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2024

The Trustees present their annual report together with the financial statements of the Halo Children's Foundation for the period of 1 April 2023 to 31 March 2024.

Halo Children's Foundation was formed on 3 May 2016 as a Charitable Incorporated Organisation (CIO).

Objectives and activities

a. Policies and objectives

The objectives of the Charity are:

1) to promote and protect the physical and mental health of people living in Greater London, in particular children and young adults, who have experienced the loss of a family member or someone close to them by providing and assisting in the provision of services related to bereavement care such as therapeutic play and counselling.

2) to advance the education of the general public in all areas relating to bereavement.

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)

b. Strategies for achieving objectives

Halo Children’s Foundation is a charity supporting children and their families with bereavement when a loved one sadly dies. Many of the children we support have experienced the death of a parent, but this can be a sibling, grandparent or any loved one.

HALO’s aim is to allow families opportunities to hold onto memories of their loved one whilst creating new memories along the way in rebuilding their lives after their loss. We aim to reduce isolation and offer hope to families and a safe place so they do not grieve alone.

HALO support is offered 7 days a week at the HALO play café, with weekly provision available as a drop-in service and a bereavement book library available 5 days a week at our HQ. Our monthly peer support and meet up allows families to meet with others going through similar grief where they do not feel alone. Professionals on hand for families means they can positively tackle issues which arise along their journey.

c. Activities undertaken to achieve objectives

Page 2

HALO CHILDREN'S FOUNDATION

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024

Objectives and activities ( continued)

d. Main activities undertaken to further the Charity's purposes for the public benefit

2) provide training opportunities for professionals and volunteers;

3) provide personalised memory boxes for children to keep loved ones items in;

9) fund trips for families to create new,happy memories to talk about

10) Create a keepsake workbook to express thoughts and feelings

11) provide horse therapy sessions

e. Volunteers

The Charity is grateful for the unstinting efforts of its volunteers who are involved in service provision, partnerships and fundraising.

It is estimated that over 5250 volunteer hours, carried out by 19 main volunteers were provided during the year. If this is conservatively valued at £10.42 an hour (the minimum living wage) the volunteer effort amounts to over £54,705

The Charity has appointed a volunteer lead to ensure that best value is derived from the sterling efforts of our volunteers. Volunteers hold a range of skills in accounting, teaching, safeguarding, gardening, DIY and art and many of our volunteers have helped run the Halo Play Cafe project to be able to offer a referral system for support 7 days a week.

Achievements and performance

Over the past 12 months we have:

recruited new volunteers and offered a Safeguarding Training course to them all;

ran weekly support groups with a Project Coordinator funded by BBC CIN

such as ASDA, Coop, Pod- Track, and Hasbro

work with LBH children’s services and social workers to best support those in need

HALO have offered bereavement support in local schools and encouraged Bereavement Policy’s in Hillingdon schools;

Worked with local Funeral Directors sharing HALO support when someone dies;

Sucessfully ran the Halo play café project in Uxbridge and used it as a hub for support services to reach those in need,

offered professional counselling support in local school and at our hub

Page 3

HALO CHILDREN'S FOUNDATION

TRUSTEES' REPORT ( CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2024

Achievements and performance ( continued)

HALOhave offered a workbook to support children with grief and loss as a keepsake and provide instant telephone support.

HALO run regular groups and sessions offering families consistent support 7 days a week and offers phone support. The HALO team continue to work hard to run the Halo play café - a place to encourage families out of the home, to reduce isolation so they do not grieve alone and raise funds whilst using the space being open for public use.

We started horse therapy sessions this year which provide a therapeutic approach to emotional awareness, encouraging social skills, confidence, trust and empathy as well as opportunities for problem solving.

HALO continue to grow with experience in bid writing and aim to develop this area to be able to fund qualified counselling and psychotherapy support to families in-house and keep the charity running on a strong foundation.

The year ahead we plan to:

Financial review

a. Going concern

After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.

b. Reserves policy

The Trustees recognise the need to hold reserves to allow protection of all core activities in the event of income shortfall and any cashflow problems as well as to promote a balanced long-term strategic plan. We continue to execute our action plan to promote for this.

HALO would like to thank the following for their support during this period:

The Hillingdon Mayor - Counsellor Shehryar Wallana, The National Lottery Fund, South-West Middlesex Crematorium, The Chimes Uxbridge, RRP Electrical, Gas Tech, Co-op, Asda Hayes, Brentford FC, QPR FC, BBC Children In Need, Hasbro Gaming, the local schools, churches and all the individual fundraisers and donors that kindly choose to support the charity.

Structure, governance and management

a. Constitution

Halo Children's Foundation is a registered charity, number 1166863, and is constituted under the terms of the Charitable Incorporated Organisation Constitution.

Page 4

HALO CHILDREN'S FOUNDATION

TRUSTEES' REPORT ( CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2024

Structure, governance and management (continued)

a. Methods of appointment or election of Trustees

The management of the Charity is the responsibility of the Trustees who are elected and coopted under the terms of the Charitable Incorporated Organisation Constitution.

Statement of Trustees' responsibilities

The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

select suitable accounting policies and then apply them consistently; observe the methods and principles of the Charities SORP (FRS 102); make judgements and accounting estimates that are reasonable and prudent; state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Charity Commission Scheme. 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.

Approved by order of the members of the board of Trustees and signed on their behalf by:

Fatima Rahil (Chair of Trustees)

Date: 20/01/2025

Page 5

INDEPENDENT EXAMINERS' REPORT TO THE TRUSTEES OF

HALO CHILDREN'S FOUNDATION

I report on the accounts of the Charitable Company for the year ended 31[st] March 2024, which are set out on pages 7 to 14.

Respective Responsibilities of Trustees and Examiner

The charity’s trustees are responsible for the preparation of the accounts. The Charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to:

Basis of Independent Examiner's Report

My examinination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair' view and the report is limited to those matters set out in the statement below.

Independent Examiner's Statement

In connection with my examination, no matter has come to my attention:

  1. Which gives me reasonable cause to believe that in, any material respect, the requirements:

  2. to keep accounting records in accordance with Section 386 of the Companies Act 2006section 130 of the Charities Act 2011; and and

  3. accounting requirements of the 2011 Act; have not been met; or to prepare accounts which accord with the accounting records and comply with the

  4. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

SONIA GUPTA ALLENBY ACCOUNTANTS

Chartered Accountants

35 Sweetcroft Lane Hillingdon UB10 9LE

Date: 21/01/2025

Page 6

HALO CHILDREN' S FOUNDATION

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

Notes
INCOME RESOURCES
Donations & legacies
3
Charitable Activites
4
Total incoming resources
RESOURCES EXPENDED
Raising Funds
5
Charitable expenses:
6
Total resources expended
Net incoming resources before transfer
Transfers between funds
Other recognised gains and losses
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 UNRESTRICTED
FUNDS
2024
45,218
-
45,218
-
71,721
71,721
(26,503)
(26,503)
169,161
142,658		 RESTRICTED
FUNDS
2024
21,470
-
21,470
-
21,470
21,470
0
0
0
0		 TOTAL
FUNDS
2024
£
66,688
0
66,688
0
93,191
93,191
(26,503)
-
-
(26,503)
169,161
142,658		 TOTAL
FUNDS
2023
£
201,885
0
201,885
0
93,205
93,205
108,679
-
-
108,680
60,481
169,161

There were no recognised gains or losses for 2024 other than those included in the Statement of Financial Activities.

The notes on pages 9 to 14 form part of these accounts.

The charity income and expenditure all relate to charitable purpose.

Page 7

HALO CHILDREN'S FOUNDATION

BALANCE SHEET AS AT 31 MARCH 2024

Notes 2024 2023
£ £
Fixed Assets 1,100 1,100
Fixed Assets Additions 976 0
Less Depreciation (1,425) (733)
651 367
CURRENT ASSETS
Other Debtors 11 8,510 7,840
Pony 7,350 0
Stock 52 52
Cash at bank and in hand 133,980 171,900
149,892 179,792
CREDITORS: amounts falling due Within one year:-
Creditors 12 (7,884) (10,998)
(7,884) (10,998)
NET CURRENT ASSETS/(LIABILITIES) 142,658 169,161
TOTAL NET ASSETS 142,658 169,161
REPRESENTED BY
Restricted Fund 14 0 0
Unrestricted Fund 142,658 169,161
RESERVES CARRIED FORWARD 142,658 169,161

The financial statements were approved by the trustees of the Charity on 20/01/2025 and were signed by:

Fatima Rahil

(Chair of Trustees)

Date: 20/01/2025

The attached notes form an integral part of these accounts.

Page 8

HALO CHILDREN'S FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1 ACCOUNTING POLICIES

Basis of preparation of accounts

The financial statements have been prepared 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Halo Children's Foundation 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.

2 Income

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.

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

2.1 Expenditure

Expenditure is recognised 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 is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

Page 9

HALO CHILDREN'S FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS 4FOR THE YEAR ENDED 31 MARCH 2023

2.2 Expenditure

All expenditure is inclusive of irrecoverable VAT.

2.3 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.4 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 months or less from the date of acquisition or opening of the deposit or similar account.

2.5 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pretax 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.

2.6 Financial Instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic 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 at amortised cost using the effective interest method.

2.7 Pensions

The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

2.8 Fund Accounting

General funds are unrestricted funds which are available 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.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Page 10

HALO CHILDREN'S FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024

TOTAL FUNDS

3 Income from Donations and Legacies
Unrestricted
Funds
Restricted
Funds
TOTAL
TOTAL
2024
2023
£
£
£
£
Donations
45,218
-
45,218
184,573
Grants
-
21,470
21,470
17,312
Total
45,218
21,470
66,688
201,885
4 Income from Charitable Activities
Unrestricted
Funds
Restricted
Funds
TOTAL
TOTAL
2024
2023
£
£
£
£
Income from Charitable Activities
-
-
-
-
-
-
-
-
5 Expenditure on raising funds
Costs of raising voluntary income
Unrestricted
Funds
Restricted
Funds
TOTAL
TOTAL
2024
2023
£
£
£
£
Awards Dinner
-
-
-
-
-
-
-
6 Analysis of expenditure on charitable activity
Summary by fund type
Unrestricted
Funds
Restricted
Funds
TOTAL
TOTAL
2024
2023
£
£
£
£
Charitable Activities
69,281
21,470
90,751
64,359		 Unrestricted
Funds
Restricted
Funds
TOTAL
TOTAL
2024
2023
£
£
£
£
45,218
-
45,218
184,573
-
21,470
21,470
17,312		 Unrestricted
Funds
Restricted
Funds
TOTAL
TOTAL
2024
2023
£
£
£
£
45,218
-
45,218
184,573
-
21,470
21,470
17,312		 Unrestricted
Funds
Restricted
Funds
TOTAL
TOTAL
2024
2023
£
£
£
£
45,218
-
45,218
184,573
-
21,470
21,470
17,312
45,218
21,470		 66,688 201,885
Unrestricted
Funds
Restricted
Funds
TOTAL
TOTAL
2024
2023
£
£
£
£
-
-
-
-
-
-		 - -
Unrestricted
Funds
Restricted
Funds
TOTAL
TOTAL
2024
2023
£
£
£
£
-
-
-
-
-		 - -

Page 11

HALO CHILDREN'S FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024

TOTAL FUNDS

7 Analysis of expenditure on activity

Charitable Activity
Staff costs
Fund raising expenses
Materials
Trips and other activities
Other costs Donation and paypal fees
Telephone
Printing postage & stationary
Repairs and Maintenance
Insurances
Training course
IT Cost
Other staff cost
Governance costs
Halo Play café project
Rent
Depreciation		 Unrestricted
Fund
Restricted
Fund
TOTAL
TOTAL
2023
2023
£
£
£
£
44,867
19,970
64,837
60572
-
-
0
4,822
-
4,822
3725
5,645
1,500
7,145
4061
378
-
378
262
742
-
742
544
440
440
161
1,951
-
1,951
19863
361
-
361
336
6,177
6,177
300
2,098
2,098
0
-
-
216
-
-
104
-
-
0
1,108
-
1,108
252
692
-
692
367
69,281
21,470
90,751
90,763
Independent Examiner remuneration
Analysis of staff costs
wages and salaries
Employers NI
Pension
Total
Fees payable to the Charity's independent examiner for the independent
examination of the Charity's annual accounts
Fees payable to the Charity's independent examiner in respect of All assurance
services not included above		 TOTAL
2024
£
900
1,540
TOTAL
2024
£
61,936
1,553
1,348
64,837		 TOTAL
2023
£
900
1,542
TOTAL
2023
£
56,957
2,340
1,276
60,573

8 Independent Examiner remuneration

9 Analysis of staff costs

Page 12

HALO CHILDREN'S FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024

The average number of persons employed by the Charity during the year was as follows:-

Chief executive officer
Project coordinator		 TOTAL
2024
No.
1
2
3		 TOTAL
2023
No.
1
1
2

No employee received remuneration amounting to more than £60,000 in either year.

10 Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2023 - £NIL) . During the year ended 31 March 2024, no Trustee expenses have been incurred (2023 - £NIL) .

11 Debtors

Prepayments and accrued income
Other Debtors
12 Creditors: Amounts falling due within one year
Other taxation and social security
Other creditors
Accruals and deferred income
13 Financial Instruments
Financial assets
Financial assets measured at fair value through income and expenditure		 TOTAL
2024
£
-
8,510
TOTAL
2024
£
5,684
0
2,200
7,884
TOTAL
2024
£
133,980
133,980		 TOTAL
2023
£
0
7840
TOTAL
2023
£
5,395
3203
2,400
10,998
TOTAL
2023
£
171,900
171,900

Page 13

HALO CHILDREN'S FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2024

14 Restricted Fund Analysis

Fund Name
BBC Children In Need
National Lottery		 Opening
balance
Additions during
the year
Insurance
Salary
Rent
Telephone
Materials
Postage &
stationary
Trips
TOTAL as
at
31/03/24
2023
2024
2024
2024
2024
2024
2024
2024
2024
2024
£
£
£
£
£
£
£
£
£
£
0.00
(9,970.00)
9,970.00
0.00
0.00
0.00
0.00
0.00
(11,500.00)
10,000.00
0.00
0.00
750.00
0.00
750.00
0.00
0.00
(21,470.00)
0.00
19,970.00
0.00
0.00
750.00
0.00
750.00
0.00

Page 14