CHARrrY REGISTRATION NUMBER: 117433
THE BRADLEY LOWERY FOUNDATION
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024

THE BRADLEY LOWERY FOUNDATION
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
Page
Trustees, annual report
Independent examiner's report to the trustees
ststement of financial activities
10
Statement of financial position
11
Statement of cash flows
12
Notes to the financial statements
13-24

THE BRADLEY LOWERY FOUNDATION
TRUSTEES, ANNUAL REPORT
YEAR ENDED 31 MARCH 2024
The trustees present their report and the unaudited financial statements of th8 charity lor the year
ended 31 March 2024.
Reference and admlnlstrative detalls
Registered charlty name
The Bradley Lowery Foundallon
Charlty registratlon number
1174333
Prlnclpal offl¢e
52-54 Mlddlè Slrget
Blackhall
TS27 4EA
The tru5teg8
Mrs G. L. Lowery
Mrs L. Murphy
Mrs P. Thiflaway
Mr P. C. Empson
Mrs R. Harbron Gray
Independent Exarnlner
Torgérsèn$
Ea81 Sull$, Ground Floor
Avalon Hous8
Sl Catherine's Court
Sunderland
SRS 3XJ

THE BRADLEY LOWERY FOUNDATION
TRUSTEES. ANNUAL REPORT [￿ntinu&d)
YEAR ENDED 31 MARCH 2024
Structure, governance and managgmgnt
Governlng Document
The Bradley Lowery Foundation is a standard registered charity which was registered on 22nd August
2017 and is governed by the trust deed dated 19th July 2017 as amended by deed dated 21 gt August
2017, and as amended on 26th July 2021.
All malor declslons are made by the board of Iruslees.
Recrultment, Induction and trainlng
The board of trustees must include a minimum of 3 Irusteeg who are not employed by the charity. The
urrenl trustees were all appointed when thg charily was first regiglered based on the knowledge,
skills, qualifications and experi•n¢o that Ih6y could brlng to the charity. Future appointments will also
be based on these attributes.
On appoSnlmant trusl@8s are provlded wlth copies of the Charily Commi88ion Coég of Govèrnancè
together with coples of the charity's governing documents lo ensure they havo an understanding of
thelr responsibllllles. Where ne¢es$8ry furth6r Iraininglguidance will be givgn.
The stsff members have completed several courses such as Safeguarding and GDPR. All staff
members have the relevant DBS check5. Thls ensures the famllles are always kept safe. Each 81aff
member has also undergon8 speGllic Iralnlng to enable them to fulfll thelr individual roles.
Salary Levels of staff arg revléwod annually by the board, In Ilne wllh rate8 for similar poslllons. The
CEO and COO are on a much lower salary as requested by them$¢lvo$ to others In a simllar POBlllon,
please
Bee
wh¢r¢
trusl¢o$
researcheé
salaries
charity
CEO'S
www.Iheguardian.comlsociglylsalarysuNoyllabl&lO,12406,1042677,00.html.
Organlsatlonal Structur8
Iqjru$reti',.*',:,'k,.¥i.,
Related Parties
The related parties of the charity are the Iruslees as named in the Iruslees report above. Two of the
trustees being Mrs G. L. Lowery and Mrs L. Murphy 8re also employees of the charity. These two
trustees reeeive no remuneration for their position as trustee bul are remunerated and are reimbursed
expenses as a result of their employment. When the charity began, the charity received significant
donations from the Bradley Lowery Trust a Trust in which the trustee Mrs G. L. Lowery Is also a
truste8.

THE BRADLEY LOWERY FOUNDATION
TRUSTEES. ANNUAL REPORT fcontinueLIJ
YEAR ENDED 31 MARCH 2024
Objectlves and actiyltlets
Charity Alms and Oblectlvès
The Bradley Lowery Foundation (BLFI offers financial and emotional Support lo the families of sick
¢hildren, most of these famllies are fundraising for treatment or equipment rnol available on the NHS In
England and W81es. These include specialist therapies, specialised Irealmenl, or equipment. Some
supported causes may n8ed to acces8 specialist treatment abroad, to access clinical trials only
available in other countrles.
The Bradley Lowery Foundation consulls with professional cllnlcians and trained thèrapists on 8
regular basis, we encourag8 parents lo ask the right questions lo ensure they make the best d@cision
lor their child's health. Onc@ the paren18 have all the information, they can mgkg an informed ¢holGe of
whioh Irealmenl option they wlll wish to pursue.
The Bradley Lowery Foundation differs from other charities, we offer a personal service whlch involves
meeting the famlly and Ihelr fundraising teams, we offer help and advice on an effecllve fundraislng
ampaign. We have many media connections and ulilise thes@ to publici88 the campaigns In a
positive manner. Famlli8s have peace of mind knowing money ralsed is being held by an establishèd
charity in accordance with th8 Charlly Commission guidellnes, and know we 8re available lo contact al
any glvon lime lo di8CUSS thelr campaign or r&c•lv9 SUPPOrt and guldanc8.
During this year. we have actlvely started $upportlng adults who are sèeking fundralsing support for
Irealm8nl for Ilfe Ilmiling conditions that arèn't currently avallable on Ihg NHS. Moving Into adult
cancers has opened our eyes lo how our NHS rgally 18 limil8d wllh rogards lo Ireatm•nts. Families
seeklng support from adults have all of the support wa offgr lo the children.
Publle Benefit stat&mtsnt
Du8 regard has b&•n p8ld to the publlG benefll guKiance publlshed by the Charlly Commlssion.
Actlvltles
The Bradley Lowèry Foundatlon
Thè Bradley Lowery Foundation alms to help famlllas fundral8lng for trèalmgnt or equipm8nl, not
available on the NHS. We aim lo gel bellerlsafer treatments for chlldren available on the NHS by
funding vllal research and campaigning for n8w drugs and Irlals withln the UK.
Supportlng Fvndralslng Campalgns
Wè have supported a number of familles thls flnancial year to successfully raisg funé8 for thèir Gause8,
whSch range8 from trgalmenl abroad, vltal equlpmenl such as Safe-space beds and aullsm assistance
dogs.
The Bradley Lowery Foundation support famllias In the followlng ways..
Supportlng the setup of fundraising campaign via JuslGivlng & JuslGiving text
Managing all offline donallons paid directly into the chlld's account held by the Bradley Lowery
Foundation
Creallng fundraising tools
Supporting social medSa posllngs
Assisting with PR opportunities, settlng up interviews, taking interviews on behalf of the family to
maximise the exposure for each campalgn
Having staff available out of office hours as a polnt of contact for families
We have a family support hub where families being 8UPPOrted by the Bradley Lowery Foundation carb
speak to each other and gel much needed support
Giving the families worldwide exposure using methods wa have gained
We liaise with many other trusts and organisations who offer grants. and other forms of support lo
ensure our families have a multitude of options available lo them
We manage funds raised via BLF tools. paying invoices, sending out receipts of payment and thank
you cards. this not only saves the famlly tlmÈ, bul it ensures donors that funds are being used for ils

THE BRADLEY LOWERY FOUNDATION
TRUSTEES, ANNUAL REPORT (con(InuedJ
YEAR ENDED 31 MARCH 2024
intended purpos8
W8 use our own social media lo kéep followers of each child up to date with each campaign
Medlcal condition8 and illnesses we have already supported:
Neuroblasloma
DIPG
Cerebral Palsy
Downs Syndrome
Global Development Delay
Epilepsy
Autism
Hypermobllity
Dlamond Blackfan Anaemia
Stroke
H8art Diseas8
-SPG15
Undiagnosed condillons
We aim lo support ariy famlly who has conta¢led the Bradley Lowery Foundallon, who arg not already
being supported by 8 registered charlly. Not every child needs lo r8i8e funds for Iraalmenl or
equlpmenl. some children need txposure to encourage people to sign up lo Ihg donor reglsler. This Ss
somethlng the Bradley Low¢ry FoundatSon ar8 more than happy lo advertise. As well as hoslln9
fundralslng campalgn8, W9 hav& acllvely canvassed and held reglslratlon8 for DKMS, the blood donor
register.
Wo speak frequently with other Gharities and organi$8lions that speclalis8 In Cerebral Palsy,
Neurobla81oma and Autism, lo ensu￿ our familles have th8 latest Information on Irlals and tr8atm8nls
avallable.
Our fundralsing team conllnue8 lo develop new Ideas for fundral8lng events.
We contlnug lo make corporate connectSons wlth $ev8ral hl9h-proflle comp8nl86 and we wl11 conllnue
lo develop these relationshlps.
We conllnue to work wllh Gharilies such as St George's Soclety NYC, Clic Sargent, Rainbow Trugl,
Neuroblasloma UK, Clothes Aid, Autism Dogs CIC, Abbl8s Army, Merlln's Magic Spaces, FTionds of
Rosle, and many more. We believe worklng together you gain the best outcome for Ihe famllies we
are supportlng.
Holiday Home
The Holiday Homa "Sup¢r Brad's Pad" Is starting lo take shape.
We now have a roof to go with our walls, and windows are going in soon so thi8 wlll make thÈ htsme
watertight for thè wlnlor.
We have had a lol of support and dlscounls from businessgs who are supporting the build.
The hollday home is being bullt to offer famllies an amazing memory maklng experlence wllh the
whole family. The Bradley Lowery Foundatiorb believes that the whole family should be Involved in
making special memories, so th8 holiday home is 5 double bedrooms wilh an open plan kllchen and
living area. with 2 playrooms and an outside playroom which will be for adults and older ¢hlldren.
As a charity we continue lo fundraise further to complete the build, we also maintain relationships wllh
corporate partners as well, who continue to support the charity and the build.

THE BRADLEY LOWERY FOUNDATION
TRUSTEES. ANNUAL REPORT (eontthved)
YEAR ENDED 31 MARCH 2024
GTant.making
Grants rnay be offered to families being supported by The Bradley Lowery Fourbdallon. Grants are
appligd al the discretion of the Iruslees and are given on a need-by-need basis. To be eligible for a
BLF grant, families must be supported by the BLF either wllh fundraising campaigns or emotionally.
Volunteers
The Bradley Lowery Foundallon has opportunities to become foundation champlons. Foundation
champiDns work alongside BLF by attending and hosting fundraising events, by collecting donations
given lo BLF, and supporting volunteers lo ensure their fundraising events go according lo plan. Each
foundation champion will sign a BLF code of conduct and be issued with a uniform and ID card. BLF
work closely with the foundation champions to ensure they are up lo d818 Wlth new projects and
campaigns. If you would like to enquire to become a foundation champlon, please email
conlacl@bradleyloweryfoundalion.com.

THE BRADLEY LOWERY FOUNDATION
TRUSTEES. ANNUAL REPORT (Gontinuedj
YEAR ENDED 31 MARCH 2024
A¢hievements and performance
In the financial year ended 31 st March 2024 we raised total funds of £412,860 and generated a net
defiGit of £65,045. We began the year with funds of £2,625.001.
Between catching up from Covld and the cost of living crisis, Th8 BLF contlnue lo find innovative woys
to fundrais8, thlnklng oulslde the box.
We have worked with a couple of different charitSes lo hold loinl events throughout the year, namely a
Cglgbrity footb811 match, which ralsed ovér £12,000 8ach for BLF and the Foundation of Llghl.
Flnanclal revlew
Flnanclal Po8ltlon
During the year the charity raised £412,860. Charitable expenditure amounted lo £477.905 giving
net deficit befor& transférs of £65,045.
Reyerves Policy
Al the reporting datè £676,950 was held In general unreslrlcted reserves. We plan lo hold unre81rfcted
reserv8s lo cover the running costs of Ihg foundatlon for al least one financlal year, th1818 to ensure
longevity of The Bradley Lowery Foundallon. The currenl lev61 of reserves wlll be used to meet future
obleclives of thè eharily Includlng supportlng a partnership that will offer one to one telephone support
for famili8$ sufferlng th8 effects of Cancer and funding roséareh proj8cls into Neuroblastoma and other
chlldhood cancers.
Adeslgnaled rè8ery6 to cover lundralsing and other bullding costs In respect of the hollday home
including survey fees had a balance al the reportlng date of £253,748. Further funds may bè
de8lgnaled lo the hollday hom$.
A designated re8&rve was sgt up by transferrlng £50,000 in the financlal ygar ended 2019 from
general reserves for all other childhood cancer research. This will be used lo fund differonl Qhlldhood
cancer research prolects. A further £50.000 was transferred in April 2022 and had a balance al th9
reportlng dale of £100,000.
A deslgnaled reserve was set up by transferrlng £50,000 in the finanGial year 8nd8d 2019 from
general reserv8s lo support the running costs of the BLF support $ervi¢$. thi8 servlce provldes 1 to I
support for familie8 In the North East aff8cl&d by chlldhood cancer, by offering out of hours counselllng
seNice. All couns6llors ar8 fully tralned and accredited. The balance at the reporting date was
£so,000.
A designated reserv9, 11,5 Nice to be Nice. was set up by Ir8nsferring £50,000 In th¢ flnanelal year
2023 from gen8ral reserves. This will be used to offer a small gift or experioncg lo Ghildren who have
spent a lol of lime in hospital. The balance st the reporting dale was £50,000.
From inception the Bradley Lowery Foundation ha8 SUPPOrted a numbor of fundralslng campalgns
each with their own specific purposes and oblectives. Al the reporting date the balance held In
restricted reserves for these campaigns lotalled £1,529.260.
RSsk Assessment and Mitlgatlon
We conduct regular risk assessments as part of our straleglc plan, this Is Yevlewed on a Tegular basis
and the team implement plans lo overcome the risks. To date the identified risks are:
The job role can be physically and emoliornally draining on members of staff, due lo offering
emotional support to families of very poorly children, this can weigh heavily on the staff member they
are in close contact with.
The need to continue lo ralse unrestrfcted funds to cover core costs and ensure longevity of the
eharity-

THE BRADLEY LOWERY FOUNDATION
TRUSTEES. ANNUAL REPORT (eonlinue¢l)
YEAR ENDED 31 MARCH 2024
Being high profile in the media means demand for the service we offer Is very high, therefore having
capacity lo support every family can become an issue.
There is a large volume of fijnds currently coming through the foundation due to the ¢ampaigns we
have, and we have limited staff members lo deal with them. The Iruslee8 have assessed the malor
risks to which the charity is exposed, those related lo the operations and tinan¢e$ of the charity and
are sallslied that systems and procedures are in place to mitigate our exposure lo major risks.
To bgst mitigate the risks..
The Foundation decided il would be in tha bast interest of the staff lo offer counselling sessions from
an independent counselling firm, so staff Can ensure their mental health Is proleelÈd. This is offered to
all staff, and they are able lo access sesslons as 8nd when needed.
Due to the high demand of the support we offer we are in the process of recruiting volunlegrs who
will assist in fundraising events for the foundation and attending events on our behalf. We have
multiplo foundation ehamplons who support BLF If a regular basis.
The Bradl8y Lowery Foundation is high proflle and we have a high demand from campaigns that
need support, this lakes up a lol of tlme. We do not refuse support and therefore have a proce88 and
as such a waiting list, where famllles can still benefit from the financial aspect of thè foundation, bul 1
to 1 support from our staff members Is given on a case by case basis.
-we continug a partnership wllh our PR company 1¢ manage and monllor mèdla enqulrle8 for all
¢ampalgn$.
We conllnu8 to utlll8e Glft Aid Io cov8r the core co818 of runnlng the charlty.
-we contlnuè lo hold unr88tricted reserves to cover 1 year of the core costs, this Ss 10 énsure that In
the event of funding comlng In slowly, the charity can run as normal.
We have worked closely wllh our legal team, and conllnuè to use our 8trlngent polloies and
procedure5 regardlng co116cllons uslng the BLF charlly numb8r, all collectSons must go through BLF to
book and arrange, and all collectlons need8 to be allo¢aled lo the supported causés accounts wllh a
short timeframe, we also request collectors lo flll in paperwork regardlng thèir collecllons whlch 1$ sent
lo BLF at the lime of depositing of funds. Wè have found this has worked well and colleelors
undorsland the ruleg and r8gulatlons of worklng ￿th a ¢harlly.
Plans for future perlods
We plan lo hol¢J unreslrlcled reserves to cover the running costs of the foundation for al laasl 2
nancial years, Ihls Is to ensure longevlty of the Bradley Low8ry Foundatlon. We hope In the future
that funds raised via Glft Ald claimed, will malntain the majority of the runnlng eosls of the foundation,
covering everyday costs such as salaries, rent and utility bills, so that funds ralsed via BLF wlll be
used lo support families who are fundraising for treatment or equipment, grant applleallons and
research. Wg will continue to have meetlngs règ8rding the holiday home. We will conllnue to support
families, emollonally and financially. We wlll also continue lo create good working relationshlps with
other charities, non-profits and buslnèssos lo ensure our families gel (he best support offered.
TTUStees' responslbllltl8S gtatèmgnt
The Iruslees ro$ponslble for preparing tho trusle8s' report and the financial statements In
accordance wllh applicable law and Unlted Klngdom Accounllng Stsrbdards (United Kingdom
Generally Aceep19d Accountin9 Practice).
The law appllcable lo charities in England and Wales requires the chartty trusteès lo prepare financial
slalemenls for each year whlch give a true and fair view of the slate of affairs of the charlly and of the
incoming resources and appllcatlon of r9$0urce8. of the charity for that perlod.
In preparing these financial stslemenls, tho Iru5tees are required to,.
select suitable accounting policies and then apply tham consistently.
observe the methods and principles in the applicable Charilles SORP.
make judgments and accounting @stimates that are reasonable and prudent.

THE BRADLEY LOWERY FOUNDATION
TRUSTEES, ANNUAL REPORT l¢oniinuedJ
YEAR ENDED 31 MARCH 2024
statè whether applicable UK Accounting Stsndards have been followed, subject to any material
departures disclosed and explained in the financial statements.
prepare the financial statements on the going concern ba8ls unless11 Is inappropriale to presume
that the Gharily will continu8 in buslness.
The Iruslee8 ar& responsible for keeping adequate accounting records thal are sufficient to show and
Èxplain the charity's transactions and disclose wllh reasonable a¢Guracy al any timg the financial
PO811ion of thg charity and enable them lo ensure that the linan¢ial statements comply wlth the
Charities Act 2011, the appllcable Charities IAccounts and Reports) Regulations. and the provislons of
the Trust Deed. They are also responsible for safeguardlng the assets of the charity and hence for
taking reasonable steps for the prevention and detaetlon of fraud and other ￿￿egUlaritieS.
The trustees, annual report was approved on , .,l.i.1fjA.Iu
and signed on behalf of the board of
trustees by:
Mr8 L. Murphy
Trustee
Mr P. C. Empson
Trustse

THE BRADLEY LOWERY FOUNDATION
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BRADLEY
LOWERY FOUNDATION
YEAR ENDED 31 MARCH 2024
I report to the trustees on my examination of th8 financlal statements of The Bradley Ltswery
Foundation I'the charity'l for the year ended 31 March 2024.
Responslbllltles and basls of r8port
As the Iruslees of the charity you are responsible for the preparallon of the financial statements in
accordance with the requirements of the Charities Act 2011 I'lhe Act,).
I report in respect of my examination of the charivs financi81 statements carrled out under section 145
of the 2011 Act and in carrying out my examlnalion I have followed all the appllcable Directions given
by the Charlty Commission under secllon 1451Sllb) of the Act.
Independent examlngr's statement
Since the ¢harlly's gross Income exceeded £250,000 your examlnar must be a member of a body
118led in seGllon 145 of the 2011 A¢t. I confirm that l am qualifl•d to undertake the examination
because l am a member of the Inslllute of Chartered A¢counlanls in England and WaSes IICAEW),
which is one of the Ilsled bodies.
I have complelod my @xaminallon. I confirm that no malerlal matlors have come to my attgnllon In
connecllon with the examination glvlng m• cause lo belleve that In any mat8rlal resp$¢t'.
accounting records were not kept In respect of the charity as requlred by se¢llon 130 of the
A¢l', or
the flnanclal statement8 do not accord wllh tho88 rg¢ord8: or
Ihe fbnanclal statements do not comply wlth th6 appllGable requlrements con¢ornlng the
form and conlenl of accounts sel out In the Charilles {Accounls and Reports) Regulations
2008 olhgr than any r8qLJirem8nl that the ac¢ounts glve a 'true and fair, vi¢w whlch Is not a
matt8r considered as part of an Independent examinalS0n.
I have no concerns and have come acro$$ no other m811ers in conn8ctlon with the examinallon to
which allenlion should be drawn in Ihl8 rèport In order to enable a proper und9rsl8ndlng of the
accounts to be reached.
Alison Henshaw FCCA
Indepenéent Examiner
East Suite, Ground Floor
Avalon House
Sl Catherine's Court
Sunderland
SR5 3XJ
17/o8/4¢

THE BRADLEY LOWERY FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 MARCH 2024
2024
Restricted
funds Total funds Total funds
2023
UnrestriGted
funds
Nots
Income and endowments
Donations and legacies
Other tradlng activities
Investment Income
175,941
35,245
353
176,348
11,402
13,571
201.321
352,289
46,647
13,924
392.671
51,169
3,164
447,004
Total incomo
211.539
412,860
Expendlture
Expenditure on ralslng fijnds:
Costs of raising donatlons and
legacies
Costs of other IradSng activiti68
Expendllure on charitable 8clivilie8
Total exp•ndltur•
6,924
21,638
310,873
339,435
6,924
21,638
449,343
477,905
7,151
34,315
908,288
9,10
138,470
138,470
949,754
Transfers
30,215
130,2151
Nèt èxpendlture and net movement In
funds
(97,6811
32,636
165.0451 1502,750)
Reconc115atlon of funds
Tol81 funds brought forward
Total funds earrléd forNard
1,128,377
1,496,624
2.625,001
3,127,751
2,625,001
1,030,696
1,529,260
2,559,956
The stalemenl of financial acllvilies includes all gains and los$e$ recogn18ed In the year.
All Sncome and expenditure derive from conllnulng aGllvllSos.
Thg not85 on pages 13 to 24 form part of those financial statomonts.
io

THE BRADLEY LOWERY FOUNDATION
STATEMENT OF FINANCIAL POSITION
31 MARCH 2024
2024
2023
Note
Flxed Assets
Tangible fixed assets
16
414,885
105,485
Current Assèts
stocks
Debtors
Cash at bank and in hand
17
18
2.718
5,066
2.150.445
4,097
9,614
2,540,167
2,158,229
2,553,878
Credltors: amounts falllng due wlthin one year
Net Current Assats
13,158
34,362
2,519,516
2,145,071
Total Asséts Less Current Llabllltles
2,559,956
2,625,001
2,625,001
Nèt Assets
2,559,956
Funds of the Charlty
Reslricled funds
Unr981ricled funds
1,529,260
1,030.696
1,496,624
1,128,377
Total charlty funds
21
2,559,956
2,625,001
These flrnancial slalemenls were approved by the board of tru$lees and authorlsed for Issue on
and are signed on behalf of the board by..
Mrs L. Murphy
Trustee
Mr P. C. Emp80n
Trusteg
CPL<<
The notes on pages 13 to 24 form part of these financial stat8m•nts.
11

THE BRADLEY LOWERY FOUNDATION
STATEMENT OF CASH FLOWS
YEAR ENDED 31 MARCH 2024
2024
2023
Cash Flows from Operatlng Actlvltles
Net expenditure
165,045} 1502,750)
Adjuslm8nts for..
Depreclatlon of ian9ible fixed assets
Other interest receivable and simllar Incom8
Interest payable arsd similar charges
Accrued lincomellexpensés
1,862
{13,9241
1,283
{1,830)
1,844
13,164)
1,422
1,446
Chang8s in..
Stocks
Trade 8nd other debtors
Trade and other credltors
1,379
4,548
{19,374)
{91.1011 1472,365)
648
6,678
21,511
Cash g6neraled from operatlons
Interest pa1d
Interest received
{1,283)
13,924
{1,422)
3,164
Net cash used in oporatlng actlvltles
178,4601 1470,6231
Cash Flows from Investlng ActSvStle8
Purchase of langibla assets
Net cash us•d In invesllng activities
1311,2621
{311,2821
197,6601
{97,6601
Net Decreage In Cash and Cash Equlval8nt8
Cash and Cash Equlvalents at Bèglnnln9 of Year
Cash and Cash Equlvalents at End of Yoar
1389,7221 1568,2831
2,540,167
3,108,450
2,1SO,445
2,540,167
Th• notes on pages 13 to 24 form part of these flnanclal stalernents.
12

THE BRADLEY LOWERY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
General Informatlon
The charity is a publiG benefit entity and a registered charlty in England and Wales and is
unincorporaled. The address of the principal office is 52-54 Middle St￿et. Bla¢khall. TS27 4EA.
statement of Compllance
These financial 8latemenls have been preparad in compliance wlth FRS 102, 'The Flnanclal
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to ¢harilies preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 Icharilies
SORP {FRS 1021) and the Charities Act 2011.
A¢counting Pollclès
Basls of prèparatlon
The flnanclal slalemenls have been prepareé on the hlstorlcal cost basss.
Golng concem
There are no malerlal urbCgrt8inlles about thè ¢harlty's ablllly to conllnue.
Fund accountlng
Unrestrfcled funds are available for use at tha d18crellon of the Irusl00s lo furth•r any of the
charity's purpos88.
De819nalgd fund$ aw unr8Strlcl&d funds earmarked by tha trustees for partl¢ular future prolecl or
commitment.
Reslrlcted funds are 8uble¢l8d lo rèslricllons on Ihelr expenditur8 declarod by the donor or
through the terms of an appeal, and fall Into one of two sub-¢lasses'. reslricl8d income funds or
endowment funds.
InGomlng resourc08
All Income Is Included in the 51atem8nt of financSal actlvilles when gnli119m9nl has passed lo the
charity, il is probable that the economic benetils associalÈd with the Iransactlon will flow lo the
charlly and the amount can be rellably measured. The followlng spèclflc pollcles are applled lo
partlcular categories of income..
Income from donations or grants Is r8cognlsed when there is evidenGe of enlillemenl lo the glft,
receipt is probablg ond ils amount can be measured reliably.
legacy income is r@eognised when receipt is probable and entitlèment Is establlshed.
income fri￿ donated goods Is measured at the fair value of the goods unless this is impractical
to measure reliably. in which case the value Is derlved from the cost lo Ihe donor or the
eslimaled resale value. Donated f8¢1111i@s and servlces are recognised in the accounts when
received if the value can be r6liably measured. No amounts are included for the contribution of
general volunteers.
13

THE BRADLEY LOWERY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (eonunued)
YEAR ENDED 31 MARCH 2024
Accounting Policigs {¢ontlnu8d)
Incoming resources (¢orttlntsed)
income from contracts for th8 supply of services is recogni8ed with the delivery of the
contracted service. This is classified as unreslricl8d funds urkless there is a contractual
requirement for il to be spent on a particular purpose and returned if unspent, in which ease it
may be regarded as re$lriGted.
income relating lo specifi¢ ¢hildren's campaigns is predominantly recelved vla donallons and Is
recognis8d when there is eviden¢e of enlillement lo the gift, receipt is probable and Ils amount
can be measured reliably.
Resource5 oxpended
Expenditure is recognised on an accruals b881s as a liabillly 1$ InGurred. Expendllure includes 8ny
VAT whlch cannot bo fully recovered, and is classified under headings of the statement of
fjnanclal acllvlllas to whleh il relate8'.
expenditure on raising lunds Includes the costs of all fundraSs1ng aGlivilies, events,
non-charitable trading activilles, and the Sale of donated goods.
expenéllure on charitable actlvllles Includes all costs Incurred by a charity in undertaking
acllvilies that further ils charllable alms for the benefit of Ils beneficiaries, Sncludlng thos& support
costs and co8ls relating lo tha gov&rnance of th8 charlty apportioned to charllab16 activities.
other expenditure Includes all expendlture that Is nellher rèlated lo ralsing funds for the rharlly
nor part of Ils expgndllure on charftable acllvlll&s.
campaign expendllure rglatas to CO8ls incurred by the ¢h8rlty In line wSlh the speclllc
Campaigns or funds transferred lo th@ campaign bgneflciary.
All costs ar• allocated lo expandilure categorles reflecting the use of thè rosourcg. Direct costs
allribulable to a slngle aclivlly are 8llocgled dlrerlly lo that aclivily, Shared costs are apportloned
b81w8en the acllvllles they conlrlbule to on a reasonable, Iu811flable and Gonslslent basls.
Grants payable lo beneficiarées ar& ineludèd in the SOFA when th8 ¢h8rity's obligation has been
e81abll8h6d. The value of such grants that ar& unpaid at the perlod end is 8¢Grued.
Operatlng leasès
Lsase payments ar¢ recognised as an expense over the lease term on a slralght-line basis. The
aggregate benefit of lease incentives is recogniséd as a reduction lo expense over the lease
18rm, on a slralght-llne basis.
Tangible assets
Tangible assets are ir)itially recorded at eosl. and subsequ&nlly staled at cost less any
accumulated depreciation and impairment losses.
Tangible assets relating to the holiday home are recorded al Gost and value of donated goods
and labour less any depreciation and impaimienl losses.
Depreciation
Depreclatlon is calculated so as lo write off the cost or valuation of an asset, legs its r•sldual
value, over the useful economic life of that asset as follows..
Improvements to landlords
propety
Fixtures and fittings
Equipment
Holiday Home
100A straight line
10% straight line
100A straight line
Not depreciated as asset under course of construGlion
14

THE BRADLEY LOWERY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (conthiuedj
YEAR ENDED 31 MARCH 2024
Accounting PollGles (Gontlnued)
stocks
Slo¢ks are measurad al the lower of cost and estimated s811ing price less costs to complete and
sell. Cosl in¢Sudes all eosts of purchase, costs of conversion and other costs incurred in bringing
the stock to ils ptssenl lo¢allon and condltion.
Flnanclal Instruments
Flnancial in8lrum8nts 8re classili8d and accounted for. according to the 8ub8tsn¢e of the
conlraclual 3rrang@ment, as either financial assets. financial liabilities or eqvily instruments. An
equity inslrum8nt is any contract that evidences a residual interest in the assets of the company
after deducting all of its Ilabllllies.
Oeflned contrlbutlon plans
Conlribulions to defined conlribulion plan$ aré recognlsed a8 an expense in the period In whlch
Ihe related service is provided. Prepaid conlribullons are recognlsed as an asset lo the 8xlenl
that lh& prepayment will18ad lo a Taducllon In futur6 payment8 or a cash refund.
When Gontribulions are not expected to be set118d wholly wlthln 12 months of the end of the
reportlng dale In whlch the employees render the related servlGe. the liability 18 measured on a
dis¢ounl&d present value basis. The unwinding of the dlscount 1$ re¢ognised a8 an expense in
thg period In whlch It arlse8.
Donatlons and Legacle8
Unreslricled
Fund8
Reslrlcled Total Funds
Funds
2024
Donatlons
Donations and legacle8 recelved
Just givlng donallons
Facebook donation5
Donr text giving
73,620
100,015
2,216
90
88,375
87.877
161,995
187,892
2,216
186
96
Grants
Grants re¢elv8ble
175,941
176,348
352,289
Unre81ricted
Funds
Restricted Total Funds
Funds
2023
Donatlons
Donations and18gacies received
Just givin9 donatiorbs
Facebook donations
Donr text giving
48.382
81,853
4.390
1,741
98,910
152,081
147,292
233,934
4,390
2.418
677
Grants
Grants receivable
4,637
4,637
136,366
256,305
392,671
15

THE BRADLEY LOWERY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (continuodj
YEAR ENDED 31 MARCH 2024
Other Trading Activities
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Fundraising even18
Shop income
Enthuse fundraising donation8
30,968
2.605
1.672
11,264
138
42.232
2.743
1.672
35,245
11,402
46.647
Unr881ricled
Funds
Restricted Total Fund8
Funds
2023
Fundralslng events
Shop income
Enthu8e fundralsing donations
46,167
2.597
1,981
311
113
46,478
2.710
1,981
50,745
424
51,169
Investment Incomè
Unre8lrlcled
Fund8
Reslrlcted Total Funds
Fund8
2024
Bank Interest re¢elvable
353
13,571
13,924
Unreslricled
Fund8
R8slricled Total Fursds
Funds
2023
Bank inl•res1 receivable
145
3,019
3,164
Costs of Ralslng Donatlons and Legacle$
Unrestrlcted
Funds
Reslrleled Totsl Funds
Funds
2024
Donallons- Merchandise
Donations- Campaigns
Donations- Just Giving fees
Donalion8- Paypal fees
434
434
6,336
154
6.336
154
6,924
6,924

THE BRADLEY LOWERY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (¢ontlnued)
YEAR ENDED 31 MARCH 2024
Costs of RalsSng Donatlons and LegaGies
Unrestrlcled
Funds
Restric18d Total Funds
Funds
2023
Donation8- Merchandise
Donalion8- Campaigns
Donations- Just Glving fees
Donalion8- Paypal fe&$
13
13
6,857
280
6.857
280
7,151
7,151
Cogts of Other Trading Activitiès
Unreslrlcled Total Funds Unrestricted Total Funds
Funds
2024
Fund5
2023
Costs of other trading aclSvi118s- Shop
costs
Costs of other tradln9 aGtlvllle$-
St8glng events
2,225
2,225
3,100
3,100
19,413
21,638
1S,413
31,215
31.215
21,638
34,315
34,315
Expendlture on Charltable Actlvltlos by Fund Typo
Unrestrlcted
Funds
RestrScled Total Funds
Funds
2024
Supporting fundralslng campaigns
Holiday home
Funding research proSoct$
Support costs
349
750
132,186
3,920
895
1.469
132,535
4,670
895
311,243
309,774
310,873
138,470
449,343
Unrgslricted
Funds
Reslricled Total Fund8
Fund8
2023
Supporting fundrai8ing campaign$
Holiday home
Funding research projects
Support GQ$t$
32
340,427
2,831
225,585
918
340.459
2,831
237.755
327,243
12,170
326,325
338,S27
569,761
908,288
17

THE BRADLEY LOWERY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS ftofttlmièd)
YEAR ENDED 31 MARCH 2024
10. Expenditure on Charitable Actlvltles by Activity Typo
Activiti8s
undertaken Grant funding
dlreclly of activities
Support Total funds
costs
2024
Total fund
2023
Supporting fundralslng
campaigns
Hollday home
Fundlng research
projects
Governance costs
132,535
4,670
300.453
432.988
4.670
645,076
2,831
895
895
10,787
449,340
237,755
22,626
908.288
10,787
137,205
895
311,240
11. Analysls of Support Cost8
The Charity initially identifies the costs of ils 8LlPPOrt functions. 11 then identifi8s thosè costs whlch
relate lo the governance function. Having identified 118 governance costs, tho remainlng SLJPPOrt
costs logelhèr with the governance costs are apportioned be￿98n the thr88 key charllable
8cllvilies undertaken18e8 note 11 > In the year. All support costs relatlng to restrlcled Gampalgn$
are allocated directly and the remalnder of costs ar8 split 60 lo SUPPOrting fundralsing Gampaigns,
10°A holiday home and 30°h Bradley Low8ry Foundatlon.
Analysls of Analy81s of
support costs 8UPPOrt eos18
An8ly8is of
supportlng
Bradley 8UPPOrt COBIS
fundralslng
Lowery
Hollday
ampalgn8 Foundallon
Hom& Tot#1 2024 Total 2023
Staff cog18
Premlse8
Communlcatlons and IT
Genèral office
Governance costs
Support costs-
Insuran¢e
Support Gosls- Lggal
Support ¢o$ls- Travel
Support Costs - Bank
charges and interest
Support costs .
Depreciation
136,946
10,101
1,440
10,571
6,473
91,548
5,051
1,188
5,286
3,236
19,427
2,200
240
1,762
1,079
247,921
17,352
2,868
17,619
10,788
245,348
16,885
4,300
21,686
22,626
5,173
42
1,548
2,586
21
774
862
287
257
8,621
350
2,579
8,801
2,577
1,774
835
338
110
1,283
1.422
1,117
559
186
1,862
311,243
1,844
327,243
174,246
110.587
26.410
12. Analysls of Grants
2024
2023
Grants to Institutions
Grants to institutions
233,833
Grants to Individuals
Grants to individuals
3,837
Total grants
237,670
18

THE BRADLEY LOWERY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (
contimied)
YEAR ENDED 31 MARCH 2024
13. Net Expenditure
Net expenditure is ststed after charginglloredillrvJl:
2024
2023
Depreciallon of tanglble fixed assels
1,862
1,844
14. Staff Costs
The total staff costs and employee benefits for the reporting perlod are analysed as follows..
2024
2023
Wages and salaries
Soclal security costs
Employer contributions to pènslon plans
Other employee benefit$
222,301
18,774
6,618
230
220,928
18.024
6.396
247,921
245,348
The average head count of employ••s during the year was 6 (2023., 7),
The number of employees whose remuneratlon for the y•ar féll wllhin the following bands, were:
2024
2023
£60,000 10 £69,999
Koy Management Personnel
Th8 key management personn61 of the charlty comprise two of the charlly's trustees and the
Chief Flnanclal Offloer12023.' two of the charity's trustees and the Chlef Flnanclal Offi¢•rl.
Durlng the currant yèar the key management personnel raeeived remuner8tion lotalling £194,037
12023.. £178,134) and were reimbursed for out of pocket expenses amounting to £846 12023..
£4341.
15. Trustee Rèmuneratlon and Expènses
Trustees exp9nses paid during the year amounted lo £84612023: £4341 paid to two12023-. one)
trustees in relmbursemenl of subsistence costs incurrgd.
The Charlty Commission has given approval for the empltsymenl of Gemma Lowery as CEO. Her
lolal remuneration for the year was £54,432 12023.. £50,400). Employer's National Insurance
costs on this amounted to £4.966 12023.. £4,700). Employer's pension contribution$ on thls
amounted to £1,633 (2023.. £1,512).
The Charity Commlsslon has given approval for the employment of Lynn Murphy as Chief
Operating Offlcer. Her total remuneration for the year was £51,03012023.. £47.2501. Employer's
Natlonal Insurance costs on this amounted to £4,594 12023.. £4,340). Employerfs pension
¢onlrlbullons on Ihls amounted 10 £1.53112023.' £1,418).
19

THE BRADLEY LOWERY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (eoniinuedj
YEAR ENDED 31 MARCH 2024
16. Tanglble Flxed As$etS
Improvements
to Landlord's
Property
Holiday Fixtures and
Home
fillings Equipment
Total
Cost
At 1 Aprll 2023
Additions
3,770
94.812
311,087
405,899
7,865
6.813
175
113.260
311.262
At 31 March 2024
3,770
7,86S
6,988
424,522
Dèpreciation
Al 1 Aprll 2023
Charge for the year
1,885
377
3,781
787
2,109
698
7,775
1,862
At 31 March 2024
2,282
4,568
2,807
9,637
Carrylng amount
At 31 March 2024
1,508
405,899
3,297
4,181
414,885
At 31 March 2023
1,885
94,812
4,084
4,704
105,485
17. Stocks
2024
2023
Raw materials arbd Consumables
2,718
4,097
18. Debtors
2024
2023
Traée debtor$
Pr8paymgnls and accrued income
2,646
2,420
7,292
2,322
5.066
9,614
19. Crèdltors: amount$ falllng due wlthln one year
2024
2023
Accruals and deferred Income
other creditors
9,600
3,558
11,430
22.932
13.158
34,362
20. Pen$lons and Other Post Retlrement Benefits
Deflngd contrlbutlon plans
The amount recognised in Incomo or Èxpenditurg 88 an expense in Telalion lo defined
contribution plans was £6,61612023.. £6,396).
20

THE BRADLEY LOWERY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS ieontlnued)
YEAR ENDED 31 MARCH 2024
21. Analysls of Charltable Funds
Unra$trlct•d funds
At
31 March 20
24
Al
1 Aprll 2023
Income Exp8nditure
Transfers
General funds
Designated Fund
hollday home
Designated Fund -
Neuroblasloma UK
Research
Designated Fund -
Childhood Can¢er
Research
Designated fund It'8
Nice to be Nlce
Designated fund - 8LF
Support Servlce
604,340
211,539
{312,7241
73,795
576,950
324,037
{26.362}
143,929)
253,746
100,000
100,000
50,000
13491
349
50,000
50,000
50.000
1,128,377
211,539
1339,4351
30,215
1,030,696
At
31 March 20
23
Al
1 Aprll 2022
Income Exponditure
Transfer5
Gen&ral funds
Deslgnalgd Fund -
hollday home
Designal&d Fund -
Neuroblastoma UK
Resèarch
Designated Fund -
Childhood Car)¢er
Research
Designated fund Il's
Nlce to be Nice
Designated fund - BLF
Support Servi¢0
1,069,057
187,256
(345,8171 1306,1561
604,340
1553)
(25,843}
350,433
324,037
8,333
18,333)
50,000
50,000
100.000
so,000
50,000
50,000
50.000
1,176,837
187,256
1379,9931
144.277
1,128,377
21

THE BRADLEY LOWERY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS fconilnu*dJ
YEAR ENDED 31 MARCH 2024
21. Analysis of Charltable Funds {¢oneinuÉdJ
De9ignaled Fund - Holiday Home - Thls fund was get up in order to raise funds lo enable to
charity to build a holiday home for the children and their families to visit and enjoy preclous tim8
together.
Designated Fund CIos8d bank accounts This fund was sel up by the charity for tran8paren¢y,
to hold funds from closed accounts before transferring them Into the g&nèr81 fund.
Dasignaled Funé - Neuroblastoma UK Research - Thls fund was set up In order to allow the
charity lo contribute to research into Neuroblastoma.
Deslgnaled Fund - Chlldhood Cancer Research Thls fund was set up in order to allow the
charity lo contribute up lo £50.000 of match funds towards the r88earch into all Childhood
Cancers.
Designated Fund BLF Support SeTvlce This fund was sel up In order to enable tho charity lo
provide a free confidential support Servic8 for parent8 and carers of children with canter in Ihg
North East of England.
De3lgnated Fund - It's Nice to b6 Nlce - Thls fund was 8el up In order lo offer a small glft or
experience lo chlldron who have $penl a lot of time in hospital. These wlll range from a loy the
hlld would Ilke, to a family day out lo make Speclal memorle8.
22

THE BRADLEY LOWERY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (condnuedj
YEAR ENDED 31 MARCH 2024
21. Analysls of Charltable Funds (conllnyed)
RestriGted funds
At
31 March 20
24
At
1 April 2023
Income Expenditure
Transfers
Restricted Fund-
Hollday Hom8
R8slricted Fund
Children's campaigns
Restricted fund - BLF
Support s@rvice
ReslriGted fund - BLF
Research Fund
Restricted fund - Adult
campaigns
Reslrlcted fund -
Supportlng Campaign8-
General
250.201
91.741
14,4371
63.185
400,690
1,232,552
87,980
(130.2261
185,4721 1.104,834
1,514
15
{7481
781
12,357
8,879
(9091
20,327
12,706
12,1501
(7.9281
2,628
1,496,624
201,321
1138,4701
130,215} 1,529,260
Al
31 March 20
23
Al
1 Aprll 2022
In¢ome Expenditure
Transfer8
Restricted Fund-
Holiday Home
Restricted Fund -
Children's Gampaigns
Restricted fund - BLF
Support Service
Reslricled fund - YLF
Researeh Fund
Restricted fund Adult
campaigns
Restricted fund
Supporting Camp#lgn$-
General
306,711
20,063
13,2721
173,301 }
250,201
1,623,139
234,142
1556,1211
168,608} 1,232,552
4,259
21
{3681
12,3981
1,514
16,835
5,522
(10,000}
12,357
{301
1,950,914
30
259,748
{569,7611 1144,2771
1,496,624
23

THE BRADLEY LOWERY FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS {contlnu8dJ
YEAR ENDED 31 MARCH 2024
21. Analysis of Charltable Funds (Gonllnugd)
Holiday Hom8 - Money to build a hollday home for children an(f bereaved families.
Children'g Campaigns
Money ha8 been raised from 38 campaigns relating to 38 individual
children. Each child has ils own largel and objective bul all of them relale lo the provision of
speciali81 equipment or medical Ir8alm8nt not available from the NHS. Further information can be
found about each of the campaigns by visiting th8 websSle www.bradleyloweryfoundallon.¢om.
As shown above, £85,472 was transferred from the foundats'ons unrestricted funds lo the
chlldr6n's campaigns.
Adult'8 Campaigns hAoney has been raised from 4 campalgns relallng to 4 Individual adults.
Each adult has Ils own target and objectiv& bul all of them relate lo the provision of specialist
equlpmenl or medical treatment not available from the NHS. Further Informallon ean be found
about each of the campaigns by visillng the website www.bradleyloweryfoundalion.com. As
shown above, £7,928 was transferred from the foundalion5 unreslricled funds to the adult's
campalgns,
BLF Support Service - Money lo pay for the BLF Support SeNlce that wlll be provlded to parents
and carers of children with cancer in the North East of England.
BLF Research Fund - Money rol$•d to allow the charity lo ¢ontrlbule towards rèsèarch into
childhood cancers.
22. Analysls of Ngt Assets Between Funds
Unreslricled
Funds
Restrlcted Total Funds
Fund8
2024
Tangible flxed assèts
Current assets
Creditors less than 1 year
Net o$$•ts
8,986
1,034,868
(13,1581
1,030,696
405.899
1,123,361
414,885
2,158,229
113,1581
2,559,956
1.529,260
Unrestricted
Funds
Restricted Total Fund8
Fund8
2023
Tangible lixed assets
Current gssels
Credltor81&ss than 1 year
Net assets
10,673
1,130,555
{12,851 }
1,128,377
94,812
1,423,323
121,5111
1,496,624
105.485
2,553,878
134,3821
2,625,001
23. Analysls of Changes In Net Debt
At
At 1 Apr 2023 Cash flows 31 Mar 2024
Cash al bank and in hand
2,540,167
1389,7221 2,150,445
24. Operating Lease Commltments
The total future mlnimum lease payments und•r non-c8ncellable operating leases are as follow$:
2024
2023
Not later than 1 year
Later than 1 year and not later than 5 years
9,552
10,140
9,552
19.500
19,692
29,052
24