Charity registration number 1179844 HOLIBOBS CHILDREN'S CANCER CHARITY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
HOLIBOBS CHILDREN'S CANCER CHARITY CONTENTS Page Chaimian's statement Trustees. report Statement of trustees, responsibilities Independent examiner's report Stslemenl of financial a¢livilies Balance sheet Notes lo the financial slalemenls 9-14
HOLIBOBS CHILDREN'S CANCER CHARITY CHAIRMAN'S STATEMENT FOR THE YEAR ENDED 30 JUNE 2024 Chair's ststement In the year that Holibobs Children's Cancer Charity ¢&lebrated our 5th birthday, the Chair is pleased to report that the ¢harily continues lo successfully navigate ongoing economic un¢&rtainty with our strong financial performance. As a result, we romain well placed to meet our objective of providing valuable support lo some wonderful families. In addition to supporting families through the provision of holidays and short breaks to a variety of different locab'ons across the UK, we also arranged tickets for a number of events for families, including pantomimes and Christmas shows. These proved to be very popular and will be something we will look to continue with in the coming year. Funds continue to be received from a range of different SoUrs, providing diversified income through both individual and corporate supporters. In May 2024, fundraisers participating in 10 Y Fan raised over £18,000 for Holibobs, a significant contribution to our finances for the year, despite no longer being a nominated charity for this event. Other significant contributions came from the Blueberry Foundation1£5KI and HMP Buckley Hall lover £3KI. In addition, a quiz night arranged by the Trustees in October was very successful, raising over £650 on the night and with excellent feedback from attendees there are plans to arrange further quizzes in future. Regular income is also now being received from a number of clothing bins located in positions around South Wales. The trustees are grateful to all supporters and fundraisers who have helped us lo raise funds for the charity over the course of the year. Feedback and photos from families have been gratefully received and provide a welcome reminder of the importance of the work we do and the impact this has on the families we support. We thank them for sharing this with us and allowing us lo share sorlle fantastic photos with our supporters via social media. Finally, I would like lo thank my fellow Trustees, who continue to dedicate a huge amount of lime and effort lo running the charity. We look forward lo continuing to help as many families as possible in the year ahead.
HOLIBOBS CHILDREN'S CANCER CHARITY TRUSTEES. REPORT FOR THE YEAR ENDED 30 JUNE 2024 The trustees present their report and financial statements for the year ended 30 June 2024. The financial statements have been ppared in accordan¢e with the accounting policitrs sel out in the notes to the financial stslemenls and Comply with the charity's goveming document, th& Charities Act 2011 and 'AontIng and Reporting by Charities". Statement of Recommended Pra¢ti¢e applicable to ¢harities preparing their accounts in aOrdance with the Finan¢ial Reporting Stsndard applicable in the UK and Republi¢ of Ireland {FRS 1021 leffe¢tive 1 January 20191" Objective5 and activities The Purpose of Holibobs is.. 'To assist in the treatment and care of children and young people suffering from cancer or leukaemia who are aged 19 or under and living in Wales, and to preserne and protect the health of those caring for th and their families, in particular but not exclusively thmugh the provision of respite holidays and holiday accommodation. Requests for holidays and short breaks are predominantly reiVed from social workers supporting the family but are also on occasion received directly from a family Ihemselves. Either way, they are required to be supported by an appropriate consultant, doctor or other medical professional overseeing treatment. The CIO aims to fLJlfil all holiday requests which meet the above criteria. The charity continues to operate via the support of the trustees, volunteers and fundraisers, all of whom give their time freely and without remuneration for any of the work that they undertake. Holibobs continues lo keep ils operating costs lo a minimum, maximising the amount of funds raised that is spent directly on providing support lo children with cancer or leukaemia and their families. Fundraising activity from a diverse range of sources has taken pla, which has enabled us to cover our costs during the period and to Maintain a healthy bank reserve. This reinforces and slrenglhens our ongoing viability as a charity, an important consideration for the Trustees. We are very grateful lo all individuals and organisations who have raised funds for Holibobs over this period. Public benefit The Trustees have al all limes paid due regard lo the guidance issued by the Charity Commission in deciding what activities the charity should undertake. Everything that has been done by Holibobs has been undertaken in full compliance with the above aims 8nd objectives. The charity continues lo dedicate ils lime and resources to supporting families affected by cancer and leukaemia and the Trustees are all in agreement that these aims metrl the requ1mentS sel out therein. Achievements and performance Several notable fundraising inilialives have taken place during the year, across corporate ftJndra6ing, individual and team fundraising, including 10 Y Fan, a quiz night, a sponsored shave, Choir concert, and a cake sale. Funds received from ¢lothing bins installed in various locations, where Holibobs receives donations from the proceeds from the Clothing received into the bins, provides a good ongoing Sour of revenue for the charity. Our proudest achievement continues to be how many families we have been able to support. Holidays and short breaks for the families we support provide welcome respite and the opportunity to make positive memories at a time when this is much needed. Unfortunately, the nature of the conditions faced by Ihe children means that occasional rescheduling of holidays is inevitable, so we are very grateful for the flexibility that several of Ihe companies that we've booked holidays through have continued to show lo us, often waiving additional charges in such cases. We have also been able to offer the families we support the opportunity to attend pantomimes and other Christmas shows, which were enjoyed by all who came to these events. The positive feedback and wonderful photos shared by the families we have supported emphasises how important our ¢ause remains, showing how much these eXperIenS mean to the whole family. These continue to be a source of inspiration to all involved with the charity and we look forward to continuing to support as many families as possible in the year ahead.
HOLIBOBS CHILDREN'S CANCER CHARITY TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Financial review The charity made an unrestricted surplus of £5,909 for the financial period12023.. £75,850>. The charity maintains a policy that unrestricted funds which have not been designated for a specific use will be mainl8in&d al 8 level equivalent lo between 3 to 6 months exp8nditure as 8 minimum. The Trustees ¢onsid&r that reserves al this level will ensure that in the event of a significant drop in in¢ome. as has been experienced in recent years due to the pandemi¢, they will be able lo Continue the ¢harily's Current activitiesl This also provides sufficient lime for consideration lo be given to ways in which additional funds may be raised. This level of reserves has been maintained IhroLJghoul the period and overall reserves have increased over the period. The Charity's free resetves totslled £140,744 as at 30 June 202412023.. £135,799>. Plans for future periods Holibobs Continues lo attract support from a range of corporate and individual fundraisers from b(*h within Wales and beyond. This involves fundraising initiated by supporters and events such as 10 Y Fan, quiz nights etc that a promoted by Holibobs. Following the success of the Christmas events, where free tickets were provided lo families we support, the Trustees will look to aronge further such events lo provide a range of different opportunities. The Trustees will ¢ontinue to explore opportunities to raise ftjnds and to raise the profile and awareness of the charity, in addition to seeking opportLJnities to help as many families as possible, through the ongoing provision of holidays and short breaks and other activities, such as tickets to shows, in the year ahead. Stru¢ture. governan¢e and managernent The charily is a Charitable Incorporated Organisab'on ICIOI, whose governing document is CIO-Foundation registered 7th September 2018. Trustees are recruiled by the current Trustee Board, with new Trustees selected through a meeting of the Board, where nominees are considered and appointed accordingly. The roles of Chair and Treasurer are selected by the Trustees at a meeting of the Board and these roles are rotated among the Trustees as appropriate periodically. The Trustees consider the current structure and govemance arrangements of the charity to still be appropriate lo its needs. The Board of Trustees The current Board of Trustees are all volunteers, who give up their own time freely and without remuneration to undertake all aspects of day-to-day operations and ensure the continued success of the charity. All Trustees remain committed lo their roles and no additional trustees are considered necessary to be added lo the Board al this lime.
HOLIBOBS CHILDREN'S CANCER CHARITY TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Reference and administrative details Charlty nama Holibobs Children's Canr Charity Charity number 1179844 Trustees Mr L Gillen Ms E Gillen (Treasurerl Mr I Stone (Chairl Mrs R Stone Prln¢lpal addre$$ 46 Heol Cae-Rhys Rhiwbina Cardiff CF14 6AP Independent examiner Azels Audit Services Ty Derw Lime Tree Court Cardiff Gate Business Park Cardiff CF23 8AB The truslees. report was approved by the Board of Trustees. Mr I Stone Trustee Dated.. 30.4.25
HOLIBOBS CHILDREN'S CANCER CHARITY STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 30 JUNE 2024 The trustees are responsible for preparing the Trustees. Report and the financial statements in accordan with applicable law and United Kingdom Accounting Standards Iuniled Kingdom Generally Accepted Accounting Practice). The law applicable lo charities in England and Wales requires the trustees to prepare financial statements for each rinancial year which give a true and fair view of the stale of affairs of the charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial slalements, the trustees are required lo.. select suitable accounting policie5 and then apply them consislenlly., observe the methods and principles in the Charities SORP; make judgements and estimates that 8re reasonable and prudent., slate whether applicable a¢¢ounting standards havo been followed, subjoct lo any material dopartures disclosed and explained in the financial statements., and prepare the financial ststements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The truslees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charilies Acl 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding Ihe assets of the charity and hen for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the Maintenan and integrity of the ¢harity and finan¢ial information induded on the charity's website. Legislation in the United Kingdom goveming the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
HOLIBOBS CHILDREN'S CANCER CHARITY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HOLIBOBS CHILDREN'S CANCER CHARITY I report lo the trustees on my examination of the financial slalements of Holibobs Children's Cancer Charity Ilhe charilyl for the year ended 30 June 2024. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the financial statements in acwrdance with the requirements of the Charities Act 2011 (the 2011 Acti. I report in respect of my examination of the charity's finanryal statements carried out under seclion 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examinerfs statement Your attention is drawn lo the fact that the charty has prepared financial statements in aCcOrdae with Accounting and Rèporting by Charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 in preference lo the Accounting and Reporting by Charities". Statement of Recommended Practice issued on 1 April 2005 which is referred lo in the exlanl regulations bul has now been withdrawn. l understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the ch8rily as reqUId by section 130 of the 2011 Act," or the financial statements do not accord with those records,. or the financial statements do not comply with the applicable requirements concerning the form and conlenl of accounts Set out in the Charities (Accounts and Reports) Regulations 2008 other than any iequiremenl that the accounts give a true and fair view which is not a maller considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination lo which attention should be drawn in this report in order lo enable a proper understanding of the financial slalements lo be reached. .21 Andrew HO17S Azets Audit Services Ty Derw Lime Tree Court Cardiff Gale Business Park Cardiff South Glamorgan CF23 8AB United Kingdom 30 April 2025 Dated..
HOLIBOBS CHILDREN'S CANCER CHARITY STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JUNE 2024 Unrestricted Unrestricted funds funds 2024 2023 Notes Donations and legacies 38,870 99,856 Charitsble activities 32,961 24,006 Net in¢ome for the yearl Nat mov8m8nt in funds 5,909 75,850 Fund balances al 1 July 2023 135,798 59,949 Fund balances at 30 June 2024 141,707 135,799 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
HOLIBOBS CHILDREN'S CANCER CHARITY BALANCE SHEET ASAT30 JUNE 2024 2024 2023 Notes Fixed assets Tangible assets Current assets Debtors Cash al bank and in hand 963 10 5,709 136,895 5,709 131,866 142,604 137,575 Creditors.. amounts falling due within one year 11 11,8601 11,7761 Net current assets 140,744 135,799 Total assets less current liabilitie5 141,707 135,799 Incorne funds Unrestricted funds 141,707 135,799 141,707 135,799 The financial stslemenls were approved by the Trustees on 30.4.25 Mr I Stone- Twstee
HOLIBOBS CHILDREN'S CANCER CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Accounting policies Charity information Holibobs Children's Canr Charity is a charitable incorporated organisation, whose principal offe is 46 Heol Cae-Rhys, Rhiwbina, Cardiff, CF14 6AP. 1.1 Accountlng convèntlon The financial statements have been prepared in accordan with the charity's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities.. Statement of Recommended Practi applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191" The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for smaller charities not to prepare a Stslemenl of Cash Flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only lo the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred lo in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The finan¢i81 slalemtrnls have been prepared under the historical ¢osl convention. The principal accounting policies adopted are sel out below. 1.2 Going concern At the lime of approving the financial slalemenls, the trustees have a reasonable expe¢tstion that the charity has adequate resources to continue in operational exislen¢e for the foreseeable future. Thus the IrLtslees Continuo to adopt the going ¢on¢em basis of a¢¢ounling in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. 1.4 Income Income is CognISed when the ¢harily is legally entitled lo it after any performance conditions have been met, the amounts Can be moasured reliably, and il is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under GiftAid or deeds of covenant is recognised at the time of Ihe donation. Event and sponsorship income is credited to the accounts in the period to which it relates. Sale of merchandise income is recognised when the sale takes place. Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity., this is norrllally upon nottfication of the interest paid or payable by the bank. The value of any voluntary help re1Ve is not included in the accounts bul is described in the Iruslees, annual report.
HOLIBOBS CHILDREN'S CANCER CHARITY NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Accounting policies {Continuedl 1.5 Expenditure Expendilurtr is CognISed once there is a legal or constructive obligation to make a payment lo a third party, il is probable that selllement will be required and the amount of the obligation can be measured reliably. Expenditure is Classified under the following a¢tivity headings.. Charitable expenditure comprises those ¢osts in¢urred by the Charity in the delivery of its a¢tivities and ServIS for its beneficiaries. Governance costs included in support costs are those costs associated with meeting the constitutional and statutory requirements of the charity. All costs are allocated between the expendilLJre categories of the SOFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated diredy. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. 1.6 Tangible fixed assets Tangible fixed assets are initially measured al cost and subsequently rneasured al st or valuation, net of depreciation and any impairment losses. Depreciation is recognised $0 as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Computers 25 /0 Straight line The gain or loss arising on the distx)sal of an asset is determined as the difference beeen the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 1.7 Impairment of fixed assets At each reporting end dale, the Charity reviews the carrying amounts of its tangible assets to deterrnine whether there is any indication that those assets have sUffed an impaimienl loss. If any such indication exists, th& rtr¢over8ble amount of the asset is estimated in order lo d&tetmin& the trxltrnl of the impaimenl loss lif any). 1.8 Cash and Cash oqulvalonts Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.9 Flnanclal Instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Inslrurnents, and Section 12 'Other Financial Instrurnents Issues, of FRS 102 to all of ils financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party lo the contractual provisions of the instrurnenl. Financial assets and liabilities are offset, with the nel amounts presented in the financial slalerllenls, when there is a legally enforceable right lo set off the recognised amounts and there is an intention to settle on a net basis or lo reali5e the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balans, are initially measured al transaction price including transaction wsls and are subsequently carried at amortised cost using the effective interest method unless the arrangement conslilules a financing Iransaclion, where the transaction is measured al the present value of the future receipts discounted al a market rate of interest. Financial assets Classtfied 8$ receivable within one year are not 8mortised. 10-
HOLIBOBS CHILDREN'S CANCER CHARITY NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Accounting policies {Continuedl Derecognition of financial assets Financial assets ar& derecognised only when the ¢onlra¢lual rights lo the cash flows from the asset expire or are settled, or when the charity transfers the financial asset and subslanlially all the risks and rtrwards of ownership to another entity, or if some significant risks and rewards of ownership are retsined but ¢ontrol of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third paty. Basic financial liabilities Basic financial liabilities, including Creditors and bank loans are initially recognised al transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is mèasured at the present value of the future payments discounted at a market rate of interest. Finanryal liabilities Classified as payable within one year are not amortised. Dere¢ognition of financial liabilities Financial liabilities are derecognised when the Charity's ntraCtual obligations expire or are discharged or cancelled. 1.10 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's setvices are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably commitied lo terminate the employment of an employee or to provide termination benefits. Criti¢al accounting estimates and judgements In the application of the charity's accounting policies, the Iruslees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered lo be relevant. Actual results may differ from these estiwales. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting eslimales are recognised in the period in which the estimate is revised where the revision affects (lY that period. or in the period of th& revision and future riodS where th& rtsvision affects both currtrnl and fulura periods. Donations and legacies Unrestricted nds Total 2024 2023 Donations and sponsorship 38,870 99,856
HOLIBOBS CHILDREN'S CANCER CHARITY NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 4 Charitable activities 2024 2023 Depreciation and impairment Donations and holidays General fundraising expenditure Consumables and merchandise Telephone Sloragg 137 25,142 891 2,821 844 696 16,539 2,816 1,342 716 650 30,531 22,063 Share of governance costs Isee note 51 2,430 1,943 32,961 24,006 Support ¢osts Support Govornance costs costs 2024 2023 Independent examination fees Accountancy fees 1,860 570 1,860 570 1,943 2,430 2,430 1,943 Analysed betteen Charitable activities 2,430 2,430 1,943 Governance costs includes payments to the independent examiners of £1,86012023.' £1,560) for independent examination and accountancy fees. £57012023.. 2161 was paid for boDkkeeping costs. Tru$teè$ None of the trustees lor any persons connected with them) received any remuneration or benefits from the charity during the year. During the year, no Irustees12023- none) were reimbursed for exnSes.12O23.. £nill. 12-
HOLIBOBS CHILDREN'S CANCER CHARITY NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Employees The average monthly number of employees during the year was.. 2024 Number 2023 Number Total There were no employees whose annual remuneration was more than £60,000. Taxatlon The charity is exempl from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the exlenl that these are applied to its charitsble objects. Tangible fixed assets Comput8r8 Cost Additions 1,100 At 30 June 2024 1,100 Depreciation and impairment Depreciation charged in the year 137 At 30 June 2024 137 Carrying amount At 30 June 2024 963 10 Debtors 2024 2023 Amounts falling due within one year: Trado debtors Prepayments 5,709 5,659 5,709 5,709 11 Creditors- amounts falling due within one year 2024 2023 Accruals 1,860 1,776 13-
HOLIBOBS CHILDREN'S CANCER CHARITY NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 12 Related party transactions There were no disclosable related paty transactions during the current or prior year. 14-