REGISTERED CHARITY NUMBER: 118(N)98 ort f the Trusiees and tements for the Year I li d Financial 22 aini Nichul Saint Nicholas Fund CIO Contents of the Financial Statements for the Year to 31 " March 2022 ||Page| |---|---| |Report of the Trustees|I to 2| |Independent Examiner's Report|3| |Statement of Financial Activities|4| |Balance Sheet|5| |Notes to the Financial Statements|6 to 7| Saint Nicholas Fund CIO n of the Tnlsiees for ihe I'M Ich2022 Thr tru5ttes pt¢scni theiT TrFK)rt with thr financial sraltnKnts of ihe elwiry for the y&qr ended 31 March YJ22. The trustees hav¢ adopt¢d the provisions of AccouThun8 and Reporting by Charitie5.- Statement of Recomfftended Practice applicable ts) chariiies preparillE their accounts in accordatKe with the Financia] Rewrting Slandatd applicable in ihe UK and Republic of Ireland IFRS 1021 (effeciive l January 2015). The ¢harity was registere£l as a CIO on 27 September 2018. aT￿ this 15 the fourth report of the trustees. OBJEcfivES AND AcfJvIT The object of the CIO is the advance￿£￿1 of health and th¢ ￿lIef from si¢kne55 of children and young people who hospatsl patients In England and Wales, by the making of granis fot. but not limited to: the purchase of equiprnent including. but not limited io= ioys and equipment for play and theiartutic PUtpose5: be¢Js and OTher equipment io help fa¢i12tatr ihe overnight stay of parenisl families of paiients; 2rKi Such otherequipmeDI a5 the TtU51ee5 shall from time to lime in theiT absolute discretion think fit. the provision or irnprovernent of facilities at IM)spithIs- the provision of presentsl8Jfts OT arrangemeni of parties for inpatienis ai Christsnas or on other occasions; and the provision of any other iiem$ which the Trus￿$ consider are likely to improve Ihe hospital experience of patients aTKi their families and whi¢h. in all ¢ases. are not usually provided by the Naiional Htalih S¢ryi¢e or oiherstwutory auihority. ACHIEVEMENT AND PERFOKMANCE The charity's role is io provide %upp)n which impro&e5 the hospiial exFtrience ot pa￿dIatriC paiient5. It doe5 this by enhancing the service provided by the NHS through the provision of grants lor toys. play equipment and other equiprnent which ihe NHS is unable io fund. Most of the charity's donations have betn made trTrugh CW+ officittl Charity of Chelsea and WesLrnlnS￿r Hospital NHS Foundation Trusil. They include £1 ?31 for a Bravery Box. £4￿￿ for Play Team toy rtsources and £?.(XMJ for Christmas preben15 activitie& all for use at imxh the CThelsea & WestsKirLsier and Il'esi Vliddlesex hospiials, as well a5 a contribuiion of £IO.O(K) io the new NICU sibling itt the Chelsea and Westminstei Hospithl. We are also coDiinuing to fund the m￿nEe￿an¢t contra¢t$ for the Rhino sensory equipment {£3.4201 the lio Isolation rO￿t for the Ho%pilal Schth)1 (£814). li was siill too soon after the lifting of Covid restrictions io arrdnge any fvndraising eventsduring the year. tmt the chgJity was fortunate to receive donations frorn its regular supwner5 ihrough the annual Chri5tm&s ap￿al and also from a I￿al sch¢)ol. FINANCIAL REVIEW DuTing the Year the ¢hariry received d￿allonS of £11.768. made gtanL5 of £22.81]. had fundraising costs of £20. and had sUPPtsrt costs of £2.092. giving an excess of exr*ndill]re over irKome of £13.155. Ai the end of the YeaT ihe unrestric*d fund balance a￿OUnted 10 £80.30? all of which was repfwnied by c&th aL bank less crediior5 Under0￿ year. Apall from legacies. the charity expect5 to raise nKY51 of its funds fn)m an annual Christm& Appeal for donalion%. and w¢asional events. FUTURE PIANS The chariry will coniinue io suprth lh¢ p￿dIatriC warts in t￿th Chelsea & Westminster hospital and West Middlesex hospital. as well as the TrK)SPiLII scIKX)l a[￿ the hoytaj play servitts STRUCTURE. GOVERNANCE AND MANAGEMENT GoverDiDg d￿UMent The Charity Is governed by a CIO Foundaii(ffi consti￿110n da*d 27° September 201& REFERENCE AND ADMINISTRATIVE DETAllS ReEAstered Charity llurnber 118(K)YS Principal addr Clo PWW Soliciiors Thomas House 84 E¢¢lesion Square London swiv Ipx TnLStees Mana MacGregor Cgmle Feldman ince55 Marina LthDov-RoslOV5ky IDdependtnt exxmi Rekha Shah FCCA. CTA Able & Young Chartered Certified Ac¢¢)uniants Airw)rt Huu5e Purlty Way Croydon CKO OXZ Banker5 C. HOWE & Co PUBLIC BENEFrr STA TEMENr The Trustees confirm that they have COMph￿ with their duty ¢0 have due reg￿ io the guidance on public b¢nefii published by the Charity Comrni$5ion ID exercising theiT ptswers and duiies. Approved by onter of the board of mistres 13° January Y)23 aThJ on its irhalf by.. Maria MacGregor - TrUS￿e rtdent ExarnineF'5 R Nicholas F.ulld CIO rttotheT in I report 10 the charÈty trustees rny examination of the accounts of Saini Nicholas Futld CIO for the Year to 31st March 2022. RqM)nsibllltles and basis ofreport As the trustees of the Charity you are reS￿nsible fot the Prep￿*1(￿ of the acwmis in accordance the requiremcnts of the Charities Act 2011 I'the A¢t'). I teport in res￿￿ of my examinaiion of the Charity's acc(HJnts carried out under 5edion 145 of ihe Aci and Carrying oui my examination I have followed a]1 applicable Th"reciions given by the Ch&iiy Coinmission under se£iion 14515llbl of the Act. IndepeDdellt exgmlner's statement I have ¢ompl¢ied my examinatlDn. I confirn) that rKJ m￿en&1 matter5 have come to rny attention in connection wilh the exaJTrination giving me cause 10 ￿lieve thal in any mawia] ￿SpecI= accounting records were kepi in res￿ of Charity rtyuired by ￿LOTr 130 of the A¢t.' or Ihe accounts do not accord with ihose records." or the accounts do not comply with the applicable requiremthts CO￿tM1￿g the fomi and con*nt of ￿Ount$ set oui in ihe ch￿l1]eS IA¢¢ounts atm4 Re[￿￿) Regulations IX)8 otF*i than any requirement that ihe accounts give true and fair view which is not a matter considetoj as part olan I￿k[endent examination. I confirni that there are no other matters to which YOUT atwition should te drawn io enable a proper undersianding of the accounts to ￿ reacTr￿d. Sholt Rekha Shah FCCA, CTA Able & Young Ltd Chartered Cenified Accountants Airw￿ House Purley Way Croydon CRO OXZ Datr: ... SaiD Nicholas Fund 10 Siaierllent Aciiviiies for he Year TO 31° M h 2022 31.03.22 31.03.21 Unre5rricted fund Total funds Total funds Nth¢s £ INCOME AND ENWWMENTS FROM: Donations 11.768 11.768 3.762 Total 11.768 11,76S 3.762 EXPENDITURE ON Cl￿table eX￿r￿1]I￿re 21811 9.325 Raising fund Other Exw)diiure TOE 24.923 24.923 11.535 IYET (ExPENs￿vINc0ME 113.1551 (13.1551 17.7711 RECONCILIATION OF FUiYDS Touhl funds bTwght forward 93.457 93.457 101,230 TOTAL FUYDS CARRIED FORWARD 80.302 93.457 The notes forn] part of these financia] swements Saint Ni¢ io Balance Sheet At 31 March 02 31.03.22 Total funds 31.03.21 Total funds Unrestrictrd fu￿1 Nwes CURRENT A&SETS Cash ai bank 81.262 81,262 95.407 CREDIfoRS A￿￿nIS falling due within one year {9601 (l.950} NET CURRENT A&SETSI1LIABIL￿1&S) 80,302 80.302 93.457 TOTAL ASSETS LESS CuR￿T LIABILITIES 80.302 80,302 93,457 NET ASSETS 80.302 80.302 FUNDS Unttstricted funds 80.302 93.457 TOTAL FUNDS 80,302 93,457 The fina￿lai s(ai¢m¢nis were apwovcd by the Bctrani of ￿7￿C¢S on 13"January 2023 and were signe41 on its IKhalf by: MaTia Ma¢Gr¢8or .Trustee The T￿leS fomi pgrt of these financial statements Saint Nicholas Fund CIO Notes io rhe Financial StaiemenLS for the Year to 31 ' M￿ch 202? ACCOUNfiNG POLICILS Basts of prep*rlng the finaneia] staten￿nts The financial siaietn¢nis of ¢hariry. whi¢h is a publ?c ￿tter]I entity under FRS 10? have been prtpared in conlance with ihe CTharities SORP IFRS 102} Accounting and Reporting bj Charities.. Siaiem¢ni of RecommendedPra¢ti¢e appli¢abkto¢harities prep&iNgiheiraccounis in accordance with the Financi&l Re￿￿]rts Standard applicable in the UK and Republic of Ireland IFRS 1021 (effixiike l January 20151,. and the Charities Acr 2011. The financial siaLemenis have been prepared Ujmkr the histori¢al cost Conventi￿ with the exception of invesiments which are tncluded at market valu< as m(Mlified by Iht ￿valuation of ccrtain as8elS. Income All income is recognised in the Stsiemeni of FIna￿la1 Activiiies once the charity has entitlement ro Ehe furkds, it 15 wobable that the Inco￿ *ill be rweived and the arnount can reliably. Expenditure Liabiliues are recognised as tx[*￿11￿1re as as th•r is a legal or Cortstruciive obligaiion commilling ihe charity to that expetmlitute. it is probable that a transfer of econojllic benefits will be required in Settlement and the an]ouni of the oblig&ion can IK measured reliably. ExFTMliLure is accounted for on an accrual￿ basis and h& ten classifjed under he￿ling% thai ag8reEate all coll related to the category. Where costs cannot be djrectly 4¢tribuied to panicular headings they hake been all￿3￿1 10 aciiviiies on a basis consist¢nt with rhe use of Gran15 offered subject io CO￿litiOnS which have M IKen ar the year erKI da* are noted as a c0nuni(￿nt bul noi a¢cTueJ as ¢XFwdinw¢. TaxatiOD The charity Is exE]nPt chatitable ￿tIvIti¢5. Fund act￿M￿nE Unrestricted futwjs can be used in acc(Kdance with the charitsble obieeiives at the th"scretion of the trullees. Restyicie