REGISTERED CHARITY NUMBER: 118(M198 ort of the Tn]st ci31.8tstement8 f r th Ye for N. h las Fund CIO h202 Saint Nicholas Fund CIO **Contents of the Financial Statements** fr the Year to **3 I"** March **2021** ||Page| |---|---| |Report of the Trustees|**I**to**2**| |**Independent Examiner's Report**|3| |**Statement of Financial Activities**|4| |Balance Sheet|_5_| |**Notes to the Finacial Statements tement**|6 to 7| for the YeAt to 31° Mareh 2 The trustee5 present their report with the finallciai statements of the charity for the year ended 31" March 2021. The trustees have adopted ih¢ provisions of Accouniing and Reporting by Charities.. sta￿Ment of Recommended Practice Applicable io chayiies preparing (heir accounts in accoTdan¢e with Ihe Financial Reporting Siandayd applicable in the UK and Republie of Ireland IFRS 102) leffectiv¢ l January 20151. The ehgtity wag registered as a CIO on 27 Sepiemiw 2018, and this is the ihird re￿ of the ￿￿tes. OBJECTIVKS AND ACTIVITIKS The objert of the CJO i8 the advancement of health and ihe relief frotn sicknes5 of children and young people who are h05Pital paiients in England and Wales, by the rnaking of grants for. bui noi l1rni￿d ￿. Ihe purchase of equiplnent including, but not litnited to.. toys and equipment for play and therapeutic purposes: beds and other equipment u) help faciliwe the overnighi stsy of parenisl families of paiienis,. and such other equipm¢nt as the Tw51¢es shall from time to rim¢ in ih¢ir absolu1¢ diwr¢rion think fit. the provision or Rtnproyement of facilitie5 at h05Pltals: the provisiort of presentslgifts or gmngement of parties for inpatients at Christmas or on other (Kcasions,. and the provision of any otheT items which the Tru5tce5 consider at? likely to i]nprove the hospital experience of patients and iheir families and which. in all case5, are not Usually PTovided by the National Hulth Service orother stathtory authority. ACHIEVEMENT AND PERFORMANCE The charity'5 role is to provide SUPW>rt which impmves the hospital experience of paediatric paiienis. It does this by enhancing the serviee provided by the NHS through the provision of granis for ioys. play equipment and other ￿VIpMent which the NHS is unable to fuT)d. There was no activity during lockth)wn, but Si￿¢ then we have been able to donate equipment to some d¢parnn¢nw Paediatsic physiotherdpy got a comprehensive rart8e of new ther￿￿Ul1£ toys and the Senior Playleader was given £l.IKK) for her immediate needs. The new working pr￿uCeS necessitated by Covid 19 meani that the Cheyne Child Developme￿1 Service urgently needed new toys and games as well as a couple of iPads, all of which were delivered lo them in July. We are fundin8 repairs to all Rhino Sen60ry UK ¢quipment ri8ht through the paediatric waAls. In add￿tiOn, we now have att annual service contract in plaee for the very st]y sensory trolleys which are primarily used in the Bums Unit. We are funding the annual maintenance programme forthe No Isolation Robot in the hospiial school. We a150 funded rq￿]rS to two projectors at a c05t of over £l.(m. Covid resrrictions hav¢ pr¢clud2d any fundr2ising events, apart from ouramiual Christmas appea]. FINANCIAL REVIEW During the Year the ¢haJiiy r¢ffiv¢d doTratii>n5 of £3.762. made grants of £9,273, had fundraising costs of £fjO, and had Sup[￿ costs of £2.242. giving an excess of expenditure over income of £7.773. At the end of the Yegr ilJ¢ unrestricwl fund balance amoullted to £93,457, all of which w&5 represented by ¢ash at bank I¢s5 creditors under OTLe year. Apart from legacies. the ch&ity expecis io raise most of lis funds from an annual Christtnas Appe￿ for donations, and occasional events. FUTURE PLANS The ¢¢mtinuing waves of new Covid variants have made At impx)ssible to plan any fundraising aetivities apart from the annual Christmas letter sent to our list of 5UPIKTrrter5. We will continue to 5UPPOrt the paediatric wards in both Chelsea & Westininster b05PLtal and West Middlesex hospital a5 well &s the hospital School a[￿ the IM)SPit¥l play %rvic¢s. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing documenl The al￿11Y IS governed by a CIO Foundation Constitution dated 27 September 2018. REFERENCE AND ADMINISTRATIVE DETAILS Registered Chorlty number 118(M)98 Prindpal address Clo PWW Solicitors ThoTnas House 84 Eccleston Square London swiv Ipx Maria MacGregor Carole Feldman Princess Marina tnbanov-Rosiovs Independent examlner Rekha Shah FCCA. cfA Able & Young Ltd Chtrtered Certified Accountanis Airport House Purley Way Croydon CRO OXZ B#nkers C. Hoare &Co PUBLIC, IILNEbTT STA TEMENT The Trn%tee8 eonftnn that they have Complied with thetr duty to have due regard to the guidance on public benefit published by the CThariiy ComTllis5ion in ext￿lS]ng their ￿werS and duties. Approved by ordeT of the tA)anl of mjstees on 25 January 2022 ar￿ $igAed on its behalf by.. Maria MacGregor - Trusree d ndent Exami aint Nicholas Fund CIO to the Tru5t&s of I report to thc ch&ity trusttts on my examin￿>¢￿ of the a¢￿￿nts of the Saint Ni¢hol&s Fund CIO for th¢ Y¢ar ro 316t March 2(r21. Responslb511ties And ba45 ofT¢￿rt As thc trustees of the Charity you are rwsibk fir thc pIrpaT￿ of the accounts in accord•thce with the requiremertts of the Charities A¢t 2011 ('the ACL?. J repx)rt in re5p¢cr of my eKamillation of the CTrarity's acctyjnts cartied untht se£tion 145 of the Act and in ¢wing out iny exatnat2ation I have followed all appli(xble Dir￿ti￿$ given by the Ch￿lty C(mmiission U￿￿r 5￿tIc￿ 145(5Mb) of the ACL IDdependent WA8JniDer'5 slatetnettt I hawe compleie4 my examination. I coufirni that no material matters have come ￿ my auen¢i¢)n in ¢￿￿e¢ll9n with examination giving me Cause to b¢li¢v¢ in any ma*rial respe￿.. accounting rtcords were not kept in resttti of the Chariry as r4u1￿j by section 130 of the Act: the acc4MJnts th) not with re£c(ds: or accounts do noi eomply with the applicable requiTen￿ concernang the form and ¢onteDi of accounts sd out in the Charities (Accounts atKI Rqmsl Regulation$ 2(M)8 ￿her than any Yequiremeni th¢ a¢coLEnts give a true aThl fair view which is not a mau¢r consideral ￿ pzrt of examin￿1{￿. I confinD that lI￿re are no other matteTS to which YOuratteJti￿ Sh￿Id dtawn to enablc a understhnding of the a¢¢ounts to be reached. Rekha Shah fccA. CTA Able & Youmg I.td Chartered Certif￿d A¢¢ountants Al￿rt House PuTley Way Croydon CRO OXZ Dale.. 2OLL in holas Fund CIO nt of Finallcial for the Y to 31° March 2021 31.03.21 31.03.20 Unrestrictyj fwid Total fuThJ5 Total fi)nOs N￿e$ £ Donauons 3.762 3.762 10262 3.762 3.762 10.262 EXPENDITURE ON Chasithble ¢xperKliture 9.325 9325 18.245 Raising fijnds 419 Oth¢r Expenditure 2.1￿1 2.19) 2676 I lJ35 11535 21,340 IEXPENSLSWThCOME (7.7731 17.7T3} (11.0781 RECONCILIATION OF FUNDS Tirtal funds IKought forward 101,2X) 101230 112,3(Vg TOTAL FUNDS CARRIED FORWARD 93.457 101.230 The rA)tes forni pttrt of finwial aint Nicholas Fund CIO Ba]anc Shee¢ 31.03.21 TorAJ funds 31.03.20 Totsl nds fund CURRENT A&SE75 CAsh at bank 95.407 95.407 lo2.1￿> CREDm)Ls Amounts f211ing due within o year (1.950} {1,950) I9￿}} NET CURRENT ASSETSIILIAB1LIT￿) 93,457 93.457 101.230 TOTAL A&SETS LFSS CURRENT LIABILITIES 93.457 93.457 101.230 NET ASSETS Unrestrict&l fuTr4s 93.457 101.230 TOTAL FUNTAS 93.457 101.230 The financial stswn¢nts We￿ apFffov¢d by th¢ B(wd of trusw ￿ 2P January 2022 and were sigtted its klthlfby.. Maria MacGrcgor -Trustee Saint N ie5 to the Trinancial Stale￿ems 31￿March2o AccouKfiNG POLICILS The financial St3￿ments of tk ¢hariiy, whi¢h xs a ￿blIC tthefit entity unts FBS 102. hav¢ been prepatryl in accordanee with the Charities SORP IFRS 1021 'AccounTing and Re￿nIng by Chasities: Statrment of R¢¢ommended Practice applicable tochaEiiies preparingtheiraccountsin xcordaDce with theF1￿￿￿lalRepDrt1ng Stsndard applicable in the UK and Republic of Ireland {FRS 1021 (effective l January 2015),. atMI the Thuitie5 Act 2011. The fina￿la1 sMements have been prepared the his¢orical wsi cOnvenU(￿ with excepuoD of investments which itKlu(kd * market value. as M(*￿"r1ed by the rev21u*ion of ¢¢nain assets. Income All income is reco8ni5d in the StatenJeDt of Fin￿￿1a1 Activities On￿ the clwity has entille￿￿￿t to the fund5. it 15 probablc that the income will be ￿e1ved and the amountcan ￿ rne&w￿ reliably. Expendlture Liabilitie5 ￿ re¢ognis&J as expeTrJitwe as s(rt)n as thue is a legal or consbvctive obligation committing the charity to that expendiDJre. it is probabk that a traNftr of econornic i￿rits will be required in seitlerneni 8J]d Ihe amouni of the oblig&ion can be ￿￿ured reliably. EX￿￿di￿re is xcounied for on an accruals b&si5 and ha5 been ¢lassified under he*lings that aggr￿￿ all w Telawl to the ca*gory. Where costs earm￿ be directly attiibuted to particular he*Jings they have be*n all