www.spons)r8sibliTrg.org SPONSOR A SIBLING ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDING 31ST AUGUST2024 onsor a Siblin Contents 5ummeryfor the accounts forthe year ending 31" Au8USt 2024 Page Trustee Report Statement of financial activities Balance sheet Notes to the accounts f a Siblin Trustee reportfvr the accountsAor the year ending 31 Auqust2024 The Trustees are pleased to submit the annual report and flnancial statement for Sponsor a Sibling for the year endin8 31" August 2024. Registered Charity number 1176912 operating at 25 Grafton Road, Dovercourt, Essex, C012 3BD. Sponsor a Sibling is a Charitable Incorporated Organisation governed by its constitution adopted on the 31" January 2018 and is managed by three Charity trustees named below. Mrs Laura Rolph-wills Mr Graham Rolph-wills Miss Michelle Pierce Chair person Secretary Treasurer The above person5 were trustees of the charity, as defined by the constitution and were in office at 31 August and Served throughout the whole year. When the time arises, Sponsor a Sibling will appoint new trustees With regard to their experience and background to benefit the charity. Overview Sponsor a Siblir)g founded in 2016, originally registered as charity number 1176130. IAII a55ets and funds transferred to Sponsor a Sibling incorporated 1176912 on ISI February 20181 has had successful year despite a global pandemic and is continuing to thrlve. Objectlve The objectives of the charity are as defined in the constitution to offer the relief of siblings of children with life limited or life threatening conditions and also bereaved siblings throughout Englan(I, Ireland, Scotland and Wales by providing in particular but not exclusively a gift which will boost morale and offer support and encouragement and keepsakes and holidays. Financial Revlew Due to persona5 circumstances we are now winding down Sponsor a sibling in preparation to close the charity. All fundraising has ceased. Any assets the charity held have been passed to Ty the beach hut guy on a charity to charity basis and we wish him well for the future. All items remaining will be passed to suitable groups such as EACH and other organisations. We would like to thank everyone for their patience, understanding and support over the past year. Signed on behalf of charitWs trustees.. Signature: Full Name.. Position- Date= / /tL. ii_WLLS bn Igi /S onsor a siblin Statement of finan ial activities for the earendin 31&t Au ust 2024 Note5 Unrestrirted Re5trlrted Total 2023 INCOME Voluntary Income Activities for Generating funds Other income sources Other income sources 1,117 1,117 498 TOTAL INCOME 1,117 1,117 EXPENDrruRE Costs of raising funds Fundraising trading costs Charitable expenditure Governance costs Loss on disposal 9.847 937 7,566 9,847 937 9,807 1,766 7,566 TOTAL EXPENDITURE 18350 18,350 11,573 NETINCOME FOR THE YEAR (17,233) (17,233) (11,075J RECONCILLIATION OF FUNDS Totolfvnd5 boughtfvnvord Totalfvnd5 corrfedAonvard 46,934 35,859 (11,0751 (17,233) 18,626 rhe chorfty hos no recognised goin5 or lossesAor the year ending 31 August 202 onsor a siblin 8alance sheet for the ear endin 31. Au ust 2024 Notes Unrestrlrted Restrirted rotol 2023 Assets ond liabilities Fixed osset5 Tangible assets 5,674 TOTAL FIXEDASSETS 5,674 Current ossets Actrued Income Bank accounts Prepayments and debtors 20,405 20,405 27,778 2,321 TOTAL CURRENT ASSETS 20,405 20,405 TOTAL ASSErs 20,405 35,773 CREDITORS FALLING DUE AFTER ONE YEAR NET ASSETS 20,405 35,773 rHE FUNDS OF THE CHARITY Surplus income bought fonmards Surplus income from this period TOTAL FUNDS 35,859 117.2331 46,934 111,0751 35,859 onsor a siblin Notes to the accounts for the year endin8 31" August 2024 Basls of accounting The statement of accounts has been prepared under the historical cost convention and is in accordance with applicable accounting standards and the statement of recommended practice. Accountlng by charities preparing thelr accounts in accordance with the financial reporting standard applicable in the UK and republic of Ireland IFRS1021 and the charities act 2011 Accountlng pollcles Income and expenditure is accounted for when received or paid out by the charity Resources Income Unrestrirtedfvnd5 £ Restrirtedfvnds Unrestrlrtedfvnds 2024 2024 2023 Donations received Gifts in kind Payroll giving Fundraising Grants Plaquessponsorship Award sponsorship Bonus ball income Caravan donations TOTAL 1,117 1,117 Ex ndlture To generate voluntary intome Fundraising trading costs Charitable expenditure Governonce costs Office costs Promotional event5 Expenses Inc travel Fees 9.847 7,916 536 813 216 Adjustment Postage, printing ondstotiont7ry Insurance 401 737 Equipment Rotes Loon interest Depreciotion Govemonce totql TOTAL EXPENDITURE Sur lus Income 7,566 8,503 18,350 1891 11.573 Please note none of the trustees received any expenses. Salary or benefits from the charity during 7566-this period. Tangible flxed assets Please find below a list of current Tangible fixed assets belonging to sponsor a sibling. TOTAL TANGIBLE FIXED ASSET