REGIERED CHARITY NUMBER: I I1098 iaj Ststements for the Year to 31° March 2024 nt Nickn1 FuThl CIO
SiLNichol&s Fund CIO In Contents o forth in Statemts Rerrt)rt of the Tn]5tees I to 2 Independent Examincrfs RepDrt Stat¢mtrti of Finan¢ial Activill¢s Balance Shect Notcs to ihc Financial St8trm¢nts 6107 D¢tsiled Swem¢nt of Finèrtcial Activities
Sainl nd CEO Re rt fh Tn to31" h 2024 Thc trustres present th¢iT report with the financial s¢a¢¢m¢nt5 of the chariry for the year ended 3 1 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Re¢ommended Practice applicable to charities preparing iheir arcounis in Accordance with the Financial Reportit)& Stsndard applicable in the UK and R¢public of Ireland {FRS 102) leffeclive l January 2015). The charity was re8isiered as a CIO on 27 SeptembrT 2018, and this 15 th¢ sixth report of (he trusrees. OBJEcfsvES AND ACTIVITIES The objeGt of th¢ CIO ig the advancement of health and the relief fr()m $ickn¢ss of childr¢n artd young people who are hospital patient5 jrt En¥land and Wales, by the (kf¥ranis for, but not limited to.. th¢ purcha$e of ¢quipmenl including. bul iiut limited io- ioys and equipment for play artd therapeutic purposes; beds oiher equipment to help fa¢iliiate the overnighi $tay of parent families of paiients. and such other e4uipmeni as the Trusiee5 shall from time to time in their absolute di5cr¢lion think fit. the Provision or improvement of fllItIeS at hospit&ls', the provision of presenisl8ifts or arrangement of p&rtics for inpltients at Chris¢mas or on other occasions; hnd the provisiort of any other items whieh the Trustees consider are likely to improve thé hospitsl experien¢e of Palients and ih¢ir fAmilies and which, in all coses. are not Usually provided by the Naiion41 H¢alth Service or other Statuiory authority. ACHIEVF.MENT AND PERFORMANCE Tlic charity's rol¢ is LO provide support whiLh improvcs the h05pithI experience of paediatrie paiienis. It does this by enhan¢in8 the service provided by th¢ NHS through Ihe provision of 8r&nts for toys, play equipment and oiher equipmcn¢ which the NIIS is un&ble to fund. Th¢ most si8nificAni piece of expcnditure during the year w&$ £10,145 for wents, bed5, which were needed b¢¢ause of an increased number ofbeds in the paediairic wards. lThc chthrity has also invc5tcd in a rtew website Ipart I c05ting £2,350. with part 2 coming in thc next financi¥l year), which is &lrcody bcaring fruit in iemis uf interest and donations. As in PT¢ViOUS ye&rs. we havc funded ihe service contract for ¢h¢ Rhino sensory equipment1£4.1041 as well as the subs¢ription w No l%o18tion1£900). We have also piid for another year's worth of Bravery Box (£1.2001 to be u5¢d at both c.helsea & Wc5tminytcr and West Middlesex hospi¢als. Our fundr4i5ing activitie$ hav¢ included a Medic81 History Tour, a visit to the Hyde Park Nurseries. a fvndrai5in8 Chris¢ma8 Iwich and & Table Sale. The Charity was fortunate to rec¢iv¢ th)n10Th5 from its re8ular supporters throu8h the artnu&l Christmas 4ppcal as well as subswitial dOnlOnS from A local s¢hottl. FINANCIAL REVIEW During the Yearihe charity Te1Ved donAtions of £14,718. Lega¢ies of £27.482. Intrrest inctsrne of £802. Other income of £1,141, made grts of £16349. had fundraising costs of £245, and had supp¥)rt c(k%ts of £4590, 8iving an exce55 of cxpEndir¢ over income of £22959. At the end of the Year the unrestricted fund ba]8ncc amounted to £93006, of which w&8 representrd by cash at bank less CredirS under one year.
Apart from l¢gwies. the chariry ex1C to raise rnom of irs funds from an annual Christyn&% Appeal for donations. and occasional ¢¥eThts. FUIiIRE PLANS The thaTity will continue to suppon the paediatric wards in both C.hels¢a& W¢stminMer hospitsl aml West Middlesex hospira]. as w¢ll the h05Pital ()1 and th¢ IKJSPital play seThices STrUCTURE. GOVERNANCE AND MAI%AGEMEliT Governing document The Charity is governed by a CIO FOtIOti Consiiw¢trn dated 2 SeOernt¢r 2018. REFERENCE AND ADMINISTRATIVE DETAIIS R¢gistered Chrlty 1180098 PrincipAI JKidreJs Clo PWW Solicitors Thomas House 84 Eccle5ton Square London swiv ipx Tru5tee5 Mari MacGre¥or Carole Feldman Ir¢signed on 15° October 20?41 Kirsti Townend (app)itiied on 15° OctotrKr 2024) Pri[K5 Marina LobanoY-Rostovsky IDdependtnt WA#mintr Rekha Shah FCCA, cfA Able & Young Ltd Chartered Ccrfifjed Accounlants Alrrt House Purley Way Croydon CRO OXZ BADkers C. Hoare & Co PLBLIC BENEFIT STATEMENr The TTUStc¢s confirm that they have complied with their duty w have due regard tD the 8llidanc£ on public benefit Published by th¢ CTharity Commission in exercising thciT P)wers and duiies. Approved by ord¢r of the IK)ard of bwes on 10 December 2024 and $ied th its behalf by.. 14JnaUJEGr¢yrlJan4.20150_ Maria MGregOr
Indc Saint dcni arnne5 Re rt to th I rerA)rt to the chlty tryste¢5 on rny examindion of th¢ aOll5 of the Saint NIC1[aS Fund CIO for the Ycar to 31st Mar¢h 2024. R¢SbsIbIlItIeS 8rtd b4sis of report As ihe trustees of the Charity you arc responsible for the preparation of the accounts in ac£ordartt with the requirements of the Charities Au 2011 ('the Art). l TeP)rt In respect of my exmiitiaiion ofthe Charity's xcounts Carri wi under section 145 of the Act and in carryjng out m) examination I have followed ail appii¢able DireaioTrs 8iVtn by the Charity Commission LU]dcr sectmjn 14515Kb) of the A¢t. Independent exmlner's s¢•t¢ment I have ¢ompletcd my ¢xaminion. I wifinn that M matertal matkrs have come to rny attention in wnne¢tion with the examination giving me cwse to believe that in any mawiol Tesp¢¢L accounting records were noi kept in Twtttofthe Chariry &8 rtquired by seaion 130 of the Act. or thc acounts do accord with those recwds: or the accounts do tt EnPlY wfth thc applicable requirements ¢oncerning the fom artd conlertt Df accounts set out in the Charities (Acwunts and Reports) RegulatioThs 2008 other than any requirement ih¢ a¢counts give a true aNI fairview which 15 TKJt a rnall ¢4)nsider*J as p3rt of an in&pendent exwninatiDll. I confirrtj that there are no othcr mauers whi¢h youratteniion s)KJuld be drdWTr lo enable a proper understanding of the aceou#ts to be r¢ached. Rekha Shah FCCA. CTA Able & Y4)Uts8 L Chartered Certified Accountants Airw>rt House Pllrley Way Croydon CRO OXZ
Saint Nicholas Fund CIO Statrme f Finan¢1 to31° ViEtes 2024 31.03.24 31.03.23 Lnre5trictrd fund Total fimds Totsl funds INCOME AND END0WMEIs FROM: lknnalion5 14.718 802 14,718 9.160 Interest In¢ome Other Incomc L£gxies 7.482 27.482 Totsl 44.143 44,143 9.160 EXPENDrruRg ON Charitable txpcndtiiire Raising funds 16,349 245 16J49 245 17,350 20 Oth¢r Expettditii 4.5 Total 21.1 21.184 19.415 NET (EXPENSESPIliCOME 22.959 22,9S9 {10,255) RECONCILIATIOY OF FUNDS Totsl fund5 broughi fonbzrd 70.047 70.047 80.302 TOTAL FUNDS CARRIED FORWARD 93.IKJ6 93,006 Th¢ tt(tts fomi part of these finmcial 5tstements
Saint Nicholas Fund Balance l March 2024 31.03.24 Total rtds 31.03.23 To¢a] funds Unrestricted fund Notes CURRENT ASSETS Cash at bank 94,126 94,126 71.870 CREDITORS Amounts failing du¢ within onc {l.120) (1.120) 11,8231 NET CL.RREhT ASSETS 93.006 70,047 TOTAL ASSETS LE&S CURRENT LIABILITILS 93,006 93,006 70.047 NET A&SETS FL'NDS 93.006 70,047 TOTAL FUNDS 93.006 70.047 The financial stateMts were approved by th¢ Board Df t[teS on 10 tkcember 2024 and were signcd lis b¢half by.. Maria MacGre8or The rtotrs forni part of these financial swements
aint Nicholas Fund CIO Ststemen 24 forth Y rto 31° ACCOUI¥TING POLICIES BA8iS of prewritsg tho finrtncial 5twteDieii¢8 The financial statements of ih¢ charity. which is a public benefit entiry under FRS 102. have been prepared in aecordance with the Charities SORP {FRS 102) 'Accouniin8 and Reporting by CharitLe5.' Statement of Recommended Practiceapplicableto charilies weparing theirxcuuts in acwrdance with th¢ Financial Reporting Standard applicable in the LK and Republic of I10d (FRS 102) leff¢dive l January 2015)., and the Charitie5 Act 2011. The financial staments have bcen wepared ulthr the hisrical LX)St conveniion with the exception of investmcnT5 which are Iluded at rnarket value. as modifd by the revaluation of certaitj assets. Income All income is re¢ognised in the S12tcment of Finala1 Adivities once the charity h&s entitlerncnt w the hnd4 It ts probabk thai th¢ income will be received and thc amount can be mera reliabty. Exptmditure Liabilities are rEgnised as ¢xpendiDJre soon as the is a legal or ¢onstrnLtive obligation ¢tsmmitting the charity to thai expendittire, it is probabk that a trdnsfcr of ccott(Mni¢ benef w211 be required in scttlcmcttt and the amount of the obligation be measured reliably. ExpeThdibJre is xcounted for on an accruals basis and has been C[lfied under headings that a88re8atc all cosl related the Catrgory. Ivhere costs cannot bc dir¢cdy attributed to pxrticular headings W havt been allocatcd to tlY[li¢S ort a basis nsistenI with the use of resources. Grants off¢red subject conditio8 which have bcett met at the year end dai¢ Mted as a commitment but noi ar¢4 a5 exnditr<. T•xAtffi(n The charity is exempt frorn tax on its charithbk a¢iivilies. Fund ¢¢ollntlng Unrrstricted fuThds can be used in x¢ordance with the charitsblc obj¢uives * the discretion of the ttes. Rrstyi¢t¢d funds can onty be wd foT particularrestric*d purpow within the objects of the charty. Restrictions arise when specified by the (kjnor or when funds are rais&J for particular restricted pUErXs. There atr restricted funds in ihe year to 31° March 2024.
Saini Ni¢holas Fund C Notes to Financ iemen for th Yearto 31" March 2024 ntinu TRUSTEES, REMUNERAT10N AND BENEFTIS There wue no tru5tees' remuneration oroth¢r benefits for the year to 3 1st March 2024. Trnstee$' upeDses There were M trus*e< expenses paid fv the yearty 31 March 2024. MOVEMENT IN FUNDS Nct movement in fuDds Ai31.0323 At31.03.24 UnrestrA¢ted funds General fund 70,047 22.959 93.006 TOTAL FUNDS 70.047 22.959 N¢t movernenl in funds, Ilded in the above are os follows: lrtwming Gains aThd Movement in losses is UDre$trlcted fund5 General fvt 44.143 {21.1841 22.959 21959 TOTAL FUNDS 21,184 22.959 RELATED PARTY DISCLOSURES There are no related party IransthnL