Charity Registration Number : 1175916
PARADISE 4 KIDS
A CHARITABLE INCORPORATED ORGANISATION (CIO) TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
PARADISE 4 KIDS
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024
Trustees GEORGE TSIAPPOURDHI ELENI HADJIHAMBI MARIA ELEFTHERIOU Charity Number 1175916 Registered Office 207 Wolverhampton Road Pelsall, Walsall WS3 4AW Independent Examiner Marneros Marcus & Co Limited First Floor Hagley Court 40 Vicarage Road Birmingham B15 3EZ
PARADISE 4 KIDS
CONTENTS
FOR THE YEAR ENDED 31 MARCH 2024
Trustees' Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
PARADISE 4 KIDS
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their annual report and financial statements for the year ended 31 March 2024.
Trustees
Appointment of trustees is governed by the Trust Deed of the charity. The board of trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death of existing trustees.
Investment Powers
The trust deed authorises the trustees to make and hold investments using the general funds of the charity.
Structure, Governance and Management
Governing document The Charity is controlled by its governing document, a deed of trust and constitutes an incorporated charity.
Reference And Administrative Details
Registered Charity number is 1175916
Principal address
207 Wolverhampton Road , Pelsall , Walsall ,WS3 4AW
Trustees
GEORGE TSIAPPOURDHI
MRS ELENI HADJIHAMBI
MARIA ELEFTHERIOU
Independent Examiner
Marmeros Marcus & Co Limited, Hagley Court 40 Vicarage Road, Edgbaston, Birmingham, West Midlands B15 3EZ
Activities
The charitable Trust is constituted by Trust Deed and its objectives are to provide advancement of education, the relief of poverty and the promotion of good health for the public benefit anywhere in the world.
This report was approved by the trustees and signed on its behalf by:
GEORGE TSIAPPOURDHI Chairman of Trustees
Date : 19 January 2026
Page 1 of 6
PARADISE 4 KIDS
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Independent Examiner’s Report to the Trustees of Paradise 4 Kids
I report to the Charity Trustees on my examination of the accounts of the charity for the year ended 31 March 2024 which consists of the statement of financial activities,balance sheet and the related notes
Responsibilities and basis of report
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act')
I report in respect of my examination of the charity's 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 Examiner's Statement
The charity’s gross income did not exceed £250,000 and I am qualified to undertake the examination by being a qualified member of ACCA
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records; or
-
the accounts did not comply with 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 ‘true and fair’ view 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.
Name: Andreas Marneros
for and on behalf of Marneros Marcus & Co Limited
Date: 19 January 2026
Page 2 of 6
PARADISE 4 KIDS
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
| Recommended categories by activity Notes Income and endowments from: Donations and legacies 2 Total Expenditure on: Charitable activities 3 Other 5 Total Net income/(expenditure) Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds £ 13,586.13 13,586.13 13,027.50 1,087.34 14,114.84 (528.71) (528.71) 9,565.47 9,036.76 |
Total Funds 2024 £ 13,586.13 13,586.13 13,027.50 1,087.34 14,114.84 (528.71) (528.71) 9,565.47 9,036.76 |
Total Funds 2023 £ 14,947.52 |
|---|---|---|---|
| 14,947.52 | |||
| 16,303.92 1,440.43 |
|||
| 17,744.35 | |||
| (2,796.83) | |||
| (2,796.83) 12,362.30 |
|||
| 9,565.47 |
Page 3 of 6
PARADISE 4 KIDS
BALANCE SHEET
FOR THE YEAR ENDED 31 MARCH 2024
| ALANCE SHEET OR THE YEAR ENDED 31 MARCH |
2024 | ||
|---|---|---|---|
| Recommended categories by activity Notes Current assets Cash at bank and in hand 6 Total current assets Creditors: amounts falling due within one year 7 Net current assets/(liabilities) Total net assets Funds of the Charity Unrestricted funds 8 Restricted funds 8 Endowment funds 8 Total funds |
Unrestricted funds £ 10,116.44 10,116.44 1,080.00 9,036.44 9,036.44 9,036.76 9,036.76 |
Total Funds 2024 £ 10,116.44 10,116.44 1,080.00 9,036.44 9,036.44 9,036.76 - - 9,036.76 |
Total Funds 2023 £ 10,405.15 10,405.15 840.00 9,565.15 |
| 9,565.15 | |||
| 9,565.47 - - |
|||
| 9,565.47 |
The financial statements were approved by the trustees on 19 January 2026 and signed on its behalf by:
GEORGE TSIAPPOURDHI Chairman of Trustees
Date : 19 January 2026
Page 4 of 6
PARADISE 4 KIDS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
1. Accounting Policies
The principal accounting policies adopted by the Charity, which is a public benefit entity, in the preparation of the accounts are as follows.
1.1 Basis of preparation
These accounts have been prepared under the historical cost convention, as modified by the inclusion of charitable properties and fixed asset investments and investment properties at valuation.
These accounts have been prepared in accordance with “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 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
These accounts are presented in pounds sterling and rounded to the nearest pound.
1.2 Going concern
The Trustees have prepared financial projections, taking into consideration the current economic conditions and have, at the time of approving these accounts, a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.
2. Income from Donations and Legacies
| 2. Income from Donations and Legacies | |||
|---|---|---|---|
| Analysis Unrestricted funds £ Donation and gifts 13,586.13 Total 13,586.13 3. Expenditure on Charitable Activities Analysis Unrestricted funds £ Bank charges 48.00 Charity running cost - Donations 12,523.50 Subscription 216.00 Telephone and Internet - Total 12,787.50 Support Costs 240.00 13,027.50 4. Support Costs Analysis Support Costs Governance Costs Accountants fees |
Total funds 2024 £ 13,586.13 13,586.13 Total funds 2024 £ 48.00 - 12,523.50 216.00 - 12,787.50 240.00 13,027.50 Total funds 2024 £ 240.00 |
Total funds 2023 £ 14,947.52 |
|
| 14,947.52 | |||
| Total funds 2023 £ 264.00 346.92 15,263.00 - 190.00 16,063.92 240.00 |
|||
| 16,303.92 | |||
| Total funds 2023 £ 240.00 |
|||
| 240.00 240.00 |
Page 5 of 6
5. Other Expenditure
| Analysis Unrestricted funds Total funds 2024 Total funds 2023 £ £ £ Travel and Subsistence 1,087.34 1,087.34 1,440.43 Total 1,087.34 1,087.34 1,440.43 6. Cash at bank and in hand Total funds 2024 Total funds 2023 £ £ Cash at bank and in hand 10,116.44 10,395.15 Other - 10.00 Total 10,116.44 10,405.15 7. Creditors: Amounts falling due within one year Total funds 2024 Total funds 2023 £ £ Trade creditors 1,080.00 840.00 Total 1,080.00 840.00 8. Charity funds 8.1 Details of material funds held and movements during the CURRENT reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds 9,565.15 13,586.13 14,114.84 - - 9,036.44 Unrestricted General Funds 9,565.47 - - - - 9,565.47 8.2 Details of material funds held and movements during the PREVIOUS reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds Unrestricted General Funds 12,362.30 14,947.52 17,744.35 - - 9,565.47 |
Analysis Unrestricted funds Total funds 2024 Total funds 2023 £ £ £ Travel and Subsistence 1,087.34 1,087.34 1,440.43 Total 1,087.34 1,087.34 1,440.43 6. Cash at bank and in hand Total funds 2024 Total funds 2023 £ £ Cash at bank and in hand 10,116.44 10,395.15 Other - 10.00 Total 10,116.44 10,405.15 7. Creditors: Amounts falling due within one year Total funds 2024 Total funds 2023 £ £ Trade creditors 1,080.00 840.00 Total 1,080.00 840.00 8. Charity funds 8.1 Details of material funds held and movements during the CURRENT reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds 9,565.15 13,586.13 14,114.84 - - 9,036.44 Unrestricted General Funds 9,565.47 - - - - 9,565.47 8.2 Details of material funds held and movements during the PREVIOUS reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds Unrestricted General Funds 12,362.30 14,947.52 17,744.35 - - 9,565.47 |
Analysis Unrestricted funds Total funds 2024 Total funds 2023 £ £ £ Travel and Subsistence 1,087.34 1,087.34 1,440.43 Total 1,087.34 1,087.34 1,440.43 6. Cash at bank and in hand Total funds 2024 Total funds 2023 £ £ Cash at bank and in hand 10,116.44 10,395.15 Other - 10.00 Total 10,116.44 10,405.15 7. Creditors: Amounts falling due within one year Total funds 2024 Total funds 2023 £ £ Trade creditors 1,080.00 840.00 Total 1,080.00 840.00 8. Charity funds 8.1 Details of material funds held and movements during the CURRENT reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds 9,565.15 13,586.13 14,114.84 - - 9,036.44 Unrestricted General Funds 9,565.47 - - - - 9,565.47 8.2 Details of material funds held and movements during the PREVIOUS reporting period Fund names Fund balances brought forward Income Expenditure Transfers Gains and losses Fund balances carried forward £ £ £ £ £ £ Unrestricted funds Unrestricted General Funds 12,362.30 14,947.52 17,744.35 - - 9,565.47 |
Total funds 2023 £ 1,440.43 |
Total funds 2023 £ 1,440.43 |
|---|---|---|---|---|
| 1,440.43 | ||||
| Total funds 2023 £ 10,395.15 10.00 |
||||
| 10,405.15 | ||||
| Total funds 2023 £ 840.00 |
||||
| 840.00 | ||||
| 12,362.30 14,947.52 17,744.35 - |
- | 9,565.47 |
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