# THE CHILDREN´S AID FOUNDATION (UK Registered Charity No. 1167965) 

# FINANCIAL REPORT FOR THE YEAR ENDED 31[st] DECEMBER 2023. 



This year more grant applications were prepared professionally by Non Profit Growth; however, their presentations failed to yield any results, and in accordance with their guarantee, they agreed to gradually pay us back their fees. We are now back to square one with our fund raising efforts, but we are looking into new strategies and new ways of operating that should help us to get better results in future. We have given grants for children´s medical needs and school materials in Visayas Philippines aswell as helping schools and poor communities there, and in Santa Cruz Bolivia, and also sponsored a student in Spain for a hotel receptionist course. 



## THE CHILDREN´S AID FOUNDATION 

## UK Registered Charity 1167965 

## INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31[st] DECEMBER 2023 IN GB Pounds 

INCOME                                                     2023                  2022 Carried forward 2022                            10692.12               6445.38 Donations from charity                           150.00                2000.00 Donations from individuals                       893.05                255.66 Donations from companies                         10-00                505.00 Dividends received                                      440.35              414.11 Refunds from companies                            875.00                   0.00 TOTAL                                                      13060.52           11009.39 LESS EXPENDITURE Grants for children                                         3023.59         210.00 Fund raising and marketing                              733.68            0-00 Other expenses                                                  85.08        107.27 Realized capital loss                                         780.21           0.00 SURPLUS CARRIED FORWARD                        7471.00    10692.12 In Wise GBP a/c                                                    40.01            5.37 In Wise Euro a/c 188.89 at 0.869                         58.80        163.84 In Wise USD a/c                                                     10.9             0-00 Brokerage stock a/c *                                      7471.00     10522.91 TOTAL                                                               7580.79     10692.12 



THE CHILDREN´S AID FOUNDATION UK REGISTERED CHARITY 1167965 BALANCE SHEET AT 31[st] DECEMBER 2023 IN GB Pounds 2023                    2022 FIXED ASSETS Investments                                             7471.00           10522.91 CURRENT ASSETS Wise GBP a/c                                                  40.01                  5.37 Wise Euro a/c                                                 58.80               163.84 Wise USD                                                        10.98                  0.00 CREDITORS – Amount falling Due within one year                                         0.00                  0.00 NET CURRENT ASSETS                                109.79             169.21 TOTAL ASSETS                                          7580.79         10692.12 FINANCED BY ACCUMULATED FUNDS Balance brought forward                            10692.12         6445.38 Plus surplus or minus deficit                      (3111.33)        4246.74 TOTAL BALANCE CARRIED FORWARD       7580.79        10692.12 



# THE CHILDREN´S AID FOUNDATION UK Registered Charity 1167965 

WE CONFIRM THAT THE ABOVE ACCOUNTS TO 31[st] DECEMBER 2023 ARE IN AGREEMENT WITH THE ACCOUNTING RECORDS AND BANK STATEMENTS. 

Signed online on 17[th] September 2024 in Valencia, Spain. 

AEC Wolseley-Wilmsen     Lean Delda Wolseley- 

Wilmsen. TREASURER                      SECRETARY 17[th] September 2024         17[th] September 2024 



## THE CHILDREN´S AID FOUNDATION 

## UK Registered Charity 1167965 

Notes to the accounts for the year ended 31[st] December 2023. 

## Notes. 

1. Principal accounting policies. The following Accounting Policies have been applied consistently in dealing with items which are considered material in relation to the Charity´s Financial Statements. 

BASIS OF ACCOUNTING. The Financial Statements have been prepared under the Historic Cost Convention. 

2. * The brokerage stock account at 31[st] December 2023 consisted of the following: 300 Stillwater                     1629.00 pounds 100 Rio Tinto Zinc              5842.00 pounds 

TOTAL                                 7471.00 pounds 

   3. The expenditure on children and youngsters amounted to 3023.59 pounds. This sum is divided between recipients in the following countries: Philippines      1310.93 Bolivia             1565.60 Spain                 147.06 TOTAL             3023.59 pounds. j