REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 FOR LITTLE NARCIES
CONTENTS OF THE FINANCIAL STATEMENTS for the Year Endod 30 June 2024 Page Report ot the Trustees 1 to 3 Statement of Flnan¢lal Actlvltle8 Balance Sheet Notes to the Financial Statements Detailed Statement of Flnanclal Adlvitie6
REPORT OF THE TRUSTEES for thfr Year Ended 30 June 2024 The Trustees have pleasu in advlsing that fund raising adivilles have been good this year with a musical event that has taken place. Smaller activitles have been planned for fund raising to allow us lo be able to raise much needed funds. OBJECTIVES AND ACTIVITIES Objectlves and alms The objects of the Charity is the preseNation and promolion of go(xl health of children and young people suffering from Narcolepsy by: Arranging and providing get togelher meetings for the families of children and young people who suffer from narcolepsy. Presenting to and provlding information to sthools to help with Ihe understanding of the Condllion to both the teachers and puplls. To provide access to mentorlng for children and young people vtho Suffer from narcolepsy. Increaslng Ihe profile of narcolepsy and the support needed for children and young people with the condition. To encourage the benefits of sports and fftness for children and young people with narcol8PSy. To increase the promotion of. or assistance in prorrK)ling"research, surveys and investigations into narcolepsy and rts effects. Collecting and dlstributing infomation via our website and soctal medta avenuas information that is relevant to narcolepsy. Creating the funding strategies to support the Charilies Objectives. Slgnlficant activitles The Charity held a very 5ucc8s8ful music event last year and during thls year. it was decided to do another. Events are becoming harder to put together. but it is our intention to hold events in 2026. Other smaller evonts are planned and being considered. Publlc benaflt The Trustees have complied with their duly in sectt(m 17{5) of the 2011 Charities Act V1h regard to guidance published by the Charlty Commission and public benefit. Volunteer8 All of Ihe charltys helpers are derived from volunteers from the local communty who contribute their time in helping Ihe charity obtaln it's objectives. The charity has no paid staff or employees. ACHIEVEMENT AND PERFORMANCE Charitable Actlvltles The charity has completed a number of lund raising events in PTevious years more belng planned for the fulure and we look forward lo raising awareness. Fundrdlslng acllvltle8 The Charity has not managed to hold any events Ihis year. It is becomlng Increasingly difficult to get people involved. but we will continue on the endeavours. The Charity will continue to raise much needed fuThJs in order lo improve the web sile and raise awareness of thls condillon. The trustees are very appreciative of all funds given to the Charty. Internal and external fa¢tors Inlernal factor relevant to the achlevement of the charivs objectives are the abilily to recruit volunleers to form part of the fund raislng activities and rnaking the charity more well knows so that P80ple will b8 wlling to carry out sponsored events. Once these funds increase. then the charity will be in a position to do more to raise awareness. Page 1
REPORT OF THE TRUSTEES for the Year Ended 30 June 2024 FINANCIAL REVIEW Principal fundlng sources The Charity currently receives Its, funding from individuals and furKI raising events. Plans are in place to hopefully Increase this funding as specific projects are identified. Reserves pollcy The Trustees will maintain sufficlent reseNes to meet the short temi go81 of the tharity and pay for ovèrheads of running Ihe Charity. The main operating ¢o$ts are associaled with the funding of the provision of media services and the Insurance needed to hold the events. Plans are In place for fundlng to be gengrated in future years and enabling reserves to be maintalned and increased. FUTURE PLANS The Charity will continu8 to work on plans to Increase awareness of the condition and how it may affect our young people. The Charity would Ilke lo make schools and educators aware of how students may be helped through their education lo become the best thal they can be. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document Llttle NarGies Is a Charity Incorporated Organisatlon whose only voting members are ils charity trustees and it is govemed by ils ¢onslitulion document. Recrultment and appointment of new trustee8 The Board of Trustees will look to appoint additlonal Trustees where it 18 felt Ihat the Charity needs additional help. Any proposed Trustees must have sufficient qualifications or skills to lulfil that rolg. Oryan18ational structure A Board of Trustees who meet and ¢ommunlcale regularly administer the Charity and are responsible for the policy making decisions. The charity has no branches and all operations afe administered centrally. The Charily ulllises volunteers to assist in ils. operations. however. they are not eliglble to vote at board level. The Trustees 8fe also involved in day lo day operations of the Charity and there is therefore a direct line of communicalion to all volunteers. Indu¢tion and training of new trustees Any new Trustees appointed would be fully inducted by the existing board of Twstees and made familiar wilh all objectives and aims of the Charity and made familiar wilh all operations of the Charity. Related partles Transactions with Trustees ar6 disc105ed in the noles lo the account& REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number CE012349 (England and Wales) Ragistered Charlty number 1174855 Reglstered offlce 39 Lime Avenue Camberley Surrey GU15 2BH Trustees L B Herzog Teaching Assistanl P L HeTzog Pro]ed Manager Miss E D Atkins Admlnlstrator R T Sage Educator a31.4.1.a.&...............- and signed on its behalfby: Approved by order of the board of trustees on ......... Page 2
REPORT OF THE TRUSTEES for the Year Ended 30 June 2024 L B Herzog - Trustee Page 3
STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 30 June 2024 30.8.24 Unrestrlctèd fund 30.6.23 Total funds Noles INCOME AND ENDOWMENTS FROM Donallons and legacies 200 1,896 EXPENOITURE ON Raising funds 199 508 NET INCOME 1.388 RECONCILIATION OF FUNDS Total funds brought forward 355 2,967 TOTAL FUNDS CARRIED FORWARD 4,356 4.355 The notes form part of these financial statements Page 4
BALANCE SHEET 30 June 2024 30.6.24 Unrestrfeted fund 30.6.23 Total funds Notes CURRENT ASSETS Cash al bank 4,535 4,870 CREDITORS Amounts talling due within one year (179} (515) NET CURRENT ASSETS 4,356 4,355 TOTAL ASSETS LESS CURRENT LIABIUTIES 4,356 4,355 NET ASSETS 4,356 4.355 FUNDS Unreslrl¢ted funds 4,356 4.355 TOTAL FUNDS 4,356 4.355 The charitable company Is entitled to exemption from audit under Seclion 477 of the Companies Act 2006 for the year ended 30 June 2024. The members have noi required the company lo obtain an audit of Its financial statements for Ihe year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibililies for (a) ensuring that the charitable company keeps accounting rrdS that comply wllh Sections 386 and 387 of the Companies Act 2006 and preparing financial statements whith give a true and fair view of the State of affairs of the tharitable company as at the end of each financlal year and of its surplus or deficit for each financial year in accordance wlth the requirements of Sections 394 and 395 and which olhewse comply wilh th8 requirernents of the Companies Act 2006 relating to financial statements. so far as applicable to the Charitable company. These financial statements have been prepared in accordance with the provlsions applicabl8 to charitable companies subject lo the small companies regime. stasi ments Vre approved by Ihe Board of Twstees and auihorlsed for Issue . and were signed on its behalf by." (b) The fina cia on L B Herzog - Trustee P L Herzog - Truslee The notes fom) part of these financial statements Psge 5
NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 30 June 2024 ACCOUNTING POLICIES Bas1$ of preparlng the financial statements The financial statements of the charitable company. which is a public benefit entity under FRS 102, have been prepared in accordance with th6 Charities SORP {FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice appllcable to ch8fities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effective 1 January 2019),, Financlal Reporting Slandard 102 The Financial Reporting Sland8rd applicable h the UK and Republic of Ireland, and Ihe Companies Act 2006. Thè financial ststements have been Fyepared under the hislorical cost convention. Income All incomg is recognised in the Statemenl of Financial Activities once the charity has enlltlement to the funds, it is probable that Ihe income will be feceived and the amount can be measured reliably. Expenditure Llabillti8s are recognised as expendlture as soon as there is a legal or construdive obligation committing the charily to that expenditure, it is probable that a transfer of economic benefils will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all Cost re18ted lo the calegory. Where costs cannot be diredly attributed to particular headings they have been allocated to aclivilies on a basis consistent wilh the use of resources. Taxatlon The charity is exempt from corsx)fation tax on ils diarilable activities. Fund accounting Unrestricted funds Can be used in accordance with the chatiiable objectives at the dIsctIon of the trustees. Restricted funds Can only be used for particular restrlded purposes within th8 objecis of the charity. Reslrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further exp18nation of the nature and purpose of each fund is ncluded in the notes to th8 financial statemenls. TRUSTEES. REMUNERATION AND BENEFITS Ther8 were no trusiees, remuneration or other benefits for the year ended 30 June 2024 nor for the year ended 30 June 2023. Trustee$. expenses The Trustees undertake purchases on behalf of the Charity. These costs and expenses are then reimbursed to Ihe Trustees. No gain or remuneralion is received by any Trustee on these expense reimbursements. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donations and legacies 1,896 EXPENDITURE ON Raising funds NET INCOME 1,388 RECONCILIATION OF FUNDS Total funds brought foMard 2,967 Page 6 continued...
NOTES TO THE FINANCIAL STATEPIIENTS - continued for the Yoar Ended 30 June 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - contlnued Unrestricted fund TOTAL FUNDS CARRIED FORWARD 4,355 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.8.24 30.6.23 Trustee Expenses Owed 179 515 MOVEMENT IN FUNDS Net movement in funds At 30,6.24 At 1.7.23 Unrestricted fund$ General fund 4.355 4,356 TOTAL FUNDS 4,355 4,356 Nel movement in funds, Included in th8 above ale as follows: Incomlng resou$ Resources expended Movement in funds Unrestrlcted funds Genor81 fund 200 {199) TOTAL FUNDS 200 {199) Comparatlve6 for movement in fund8 Net movement in funds At 30.6.23 At 1.7.22 Unrestri¢ted funds General fund 2.967 1.388 4.355 TOTAL FUNDS 2.967 1,388 4,355 Comparative net movernent In funds. included in the above ar8 as follows: Incomwig resources Resources expended Movement in funds Unrestricted funds Gener81 fund 1.8 (50B) 1,388 TOTAL FUNDS 1,896 (508) 1,388 Page 7 continued...
NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 30 June 2024 MOVEMENT IN FUPIDS - continued A current year 12 months and prior year 12 months combH)ed position 1$ as follows: Net movement in funds Al 30.6.24 Al 1.7.22 Unrostrlctsd funds G8neral fund 2.967 1,389 4,356 TOTAL FUNDS 2.967 1,389 4,356 A current year 12 months and prior year 12 months combined net movement In funds, included in Ihe above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 2,096 1707> 1,389 TOTAL FUNDS 2.096 (707) 1.389 RELATED PARTY DISCLOSURES There were no relaled party transactions for1he year ended 30 June 2024. Page 8
DETAILED STATEMENT OF FINANCIAL ACTIVITIES for tho Yoar Ended 30 June 2024 30.6.24 30.6.23 INCOME AND ENDOWMENTS Donation8 and legacies Donations Music Festival 200 1.896 200 1,896 Totsl in¢omlng resources 200 1,896 EXPENDITURE Raising donation8 and legacies Fund Ralsing Expenses W6b site costs 369 139 199 199 508 Total resources expended 199 508 Nèt Income 1,388 This page does not form part of the statutory financlal statements Page 9