REGISTERED CHARITY NUMBER.. 1183110 of the Trust and naudiied Fin nelal Statem For The Year End¢d 31 Ma 2024 for James klns Trus Kingscott Dix Llmited Chartered Ac¢ountanls Goodridge Court Goodridge Avenue Gloucester Gloucestershire GL2 SEN Jame5 Ho kin$ Trust Contents of th? Flnanclal Statemen For The Year Ended 31 Ma 2024 Page Réport ofthe Trust¢¥$ Indep¢nd•nt Examiner's Report Statement of Financlal Activities Balance Sheet Cash Flow Statement 10 Notes to tho Cash Flow Statem•nt Notes to the Finan¢lal Statements 12 to 20 Jamas Ho kins Trust Re ort of the Trustees r The Year 1Ma 20 The James Hopkins Trust prosenl their Trusteès report and ffinancial slalements for the year ended 31st May 2024. The financlal statements ¢omply with currenl slaluttjry requirements, the charity's trust deed and the Slalemenl of Recommended Practi￿ Accounting and Reporung by Charili8s'. SORP applicable lo charities preparing their accounts In accoTdance with FRS 102. OBJECTIVES AND ACTIVITIES Objèctlves and Aims The aim of the Trusl is established lo help severely disabled young Children and those with life threatening and life limiting illnesses up lo the age of six in Gloucoslershire. This Is achieved through three objectives.. Ovorvlew of Objects l. Relief for Children Under 5.. Providing support for children aged flvo and under who are severely dlsabled. Ilfe-limiled, or life-threatened, and have nursinglmedi¢al needs. 2. Support for Children Aged 5 to 12.. Offering school holiday daycare sessitsns for children aged over five and under twelve who are sevfyrely disabled, lif8-Ilmited, or life-threatened, and have nursinglmedical needs. 3. General Support.. Facilitating and assisting in the provlsion ol facililios that help such ¢hildren. S¢rvlces Provided by James Hopkins Trust James Hopkins Trust is dedicated to supporting children with life limlting conditions and their famllies by providing esseniial respite care. encouraging community connections, and offering comprehengvè emotional support. Our purpose-buill ¢8ntre, Kites Corner, and the range of services we provide are vital In ensuring that families receive the care and support they need during challenging ts'mes. Day and Night Nurslng Respite Car¢ Kites Comer.. Our purpose-buill ¢8ntre on the outskirts of Gloucester Clty offers day and night respilg care. Horne Rèspile.. Depending on the child's needs, we may provide one-to-one respite care in the family homo. Nursing Team.. Composed of registéred children's nurses. Heatth Care Assislanls, and Early Year Educators, we provide a hospice-modelled palliativè care service. Family Support Quality Time for Families.. Wo understand thg impact of caring for a child with specialist needs and aim lo give18milies the chance lo rèlax and spend quality time together. Community Building.. James Hopkins Trust is a pla¢è for families lo meet others In similar siluallons. encouraging lifelong friendships, empowering individuals, and developing a strong sense of belonging. Organised Famlly Activities Family Events.. We organise numerous opportunllles for families to gather in a safe environment, induding family fun days. picnics, and Christmas parties. These events often provide the only opportunilies for some families lo go out together. Emotional and Practical Support Ongolng Emotional Support.. Our nurses provide conlinuoLJS emotional support during vlsits and through extensive telephone contact from the point of diagnosis onwards. Care Planning and End-ol-Life SLJPPOrt'. We engage in difficu51 conversations around care planning and provide increased support during end-of4ife, working closely with other services to respect the child's and family's preferances. Posl-Bereavemenl SvppDrt.' After a child's passing, we offer ongoing emotional support without fjme constraints. Our "Afternoon of Memories" evenl every December allows bereaved families lo remember and celebrate their child's life. Publlc benefit The Trust looks lo a¢hSeve these objectives. whilst demonstrating ils charitable purpose for the public benerrt by the provision of nursing led respite care in thè purpose built day and overnight facility al Kites Comer in Gloucester and daytime nursing respite care in the lamily home. The Trustees consider that they have complied wlh their duly lo have due regard to the public benefit guidan￿ when exercising any powers or duties lo which the guidance is relevant. Page 1 James Ho kins Trust Report of the Tru5ta8s F r The Year ad31Ma 2024 ACHIEVEMENT AND PERFORMANCE Charitable actlvltles The ongoing Concern of James Hopkins Trust is to continue providing the high standard of respite that families deserve and rwive. while balanclng safe working practices and preserving the team's workllife balance. Over the noxt three years James Hopkins Trust are working on expanding its nursing department so that the overnight respile sessions can increase. Sadly, il is well publicised Ihal the UK'S children's palliative care workforce is al breaking polnl": -There arèjusl fifteen children's palliative care CDnsullanls in the UK when there should b8 40.60. -on average children's hospices have a nursing vacancy rale 0112.2010. -Two thirds of children's hospice nurslng posts are still vacant after three months or longer. -There are just 574 NHS communlty children's nurses in England.. safe staffing levels suggest there should be around 5,500 CCNS. 'Source Togelherfor Short Lives 2023-24 ha5 been a time of meaningful change for James Hopklns Trust whero much of tho year was spent implementing our Tevisod respite sessions offered. In terms of service delivery, 202312024 marked significanl achievement with an increase of 3032 respite hours provided.. ' 202212L123 8,683 respite hours lo 108 children ' 202312024 11,715 respite hours to 108 children This unders¢ored our commitment to SUPPOFting the families and children who rely on our servSces. In the face of ongoing nursing recruitment challenges, overnight respite sessions have not matched previous levels, bul we have successfully iniroduced a diverse range of additional regular rasp￿8 hours. Thls adaplalion has enabled us to oxtend our servicgs to more children than ever before. The reslrucluring ol the Inlegraled Commission Boards, and pressure on the NHS continues lo dominate th& news. All of whieh means that we will need to work hard lo ensure that palliative, respite, and end of life care for Children occupies a strong place in planning and dlstribulion of funds from the Government. We are engaging with our local M.P.'s within Gloucestershirè lo obtain their support lo ensure that funding for Children's Hospices features in any govemmental fulLJre planning and distribution of central funds. Events over the last 3 years have highllghted that when all parties work together James Hopkins Twst plays a vllal role in the struclure of PTovidlng co-ordinated palliative carg lo children. We musl ensure this remains al the forefront of any future devélopment within the provision of palliative cara for children. Wo will continue to work closely with GIOu￿stershlr8 Integrated Care Board, So¢lal Services, NHS England. and other relevant organisalions on the issues surrounding stalulory funding to try and ensure we are able to provide the best care and support to our children and families. When we prepared our bLJdgets last year we were very concerned about the initial impact of higher Interest rates and inflation on the g¢onomy and how this would affect fundraising. As a result, we forecast a significant deficit however following re¢eipt of several unexpected donations, grants. a legacy and doser working with Glou¢estershire's Inlegraled Commissioning Board means we are delighted lo end the year with a surplus of £e7.340. The fulura is still very much a challenge. as high inflation and inlerost rates nllnue lo impact on individuals, spendable income. Page 2 Jam8s Ho kins Trust Report of the Trustees For The Year En 1Ma 202 ACHIEVEMENT AND PERFORMANCE Fundraising activities James Hopkins Trust Is reliant on the support given lo us from our local communities, and further afield. lo ensur8 we can continue lo support the childr8n and their famili85 who need our services. In a year when people's disposable income continues to be squeezed by the cost-of-living crisis, wo are exceptionally grateful lo our supporters for their loyally and generosity. Our approa¢h to fundraising Our team of fLJndraisers and volunteers. offer a wide range of activities through which peopLe can support our cause. From events and communily led fundraising to corporate donations, regular standing orders. gifts Igft In wllls and our own Glouceslershire Lottery we aim to have a method ol giving that suits the arcumslan¢es of all supporters. Regulatlon, Compliance, and Governance We are registered with the Fundraising Regulator and comply with the Code of Fundraislng Practice. We had no compliance issues with the scheme during the ye8r. In 2023124 we were a corporate member of the Chartered Institute of Fundraising ICIOF} Protecting vulnarable people and mèmbers of the publlc Our Fundraising Policy JHT 071 advises on how lo protect vulnerable people and The Senior Management Team are available lo support and give guidance lo other team members on any concerns. Mosl of our fundraising asks are mad8 over social media, which followers choose lo receive, and members of the public can @asily 'swilch off. We hold regular leadershlp team meetings where any concerns regarding our contacts ¥￿th the public can bo dSscussed. All funds raised by the Charity will be spent for the purpose for which they arg raised. Al funds raised through activities will be banked into Ihtr Charity's bank accounl before deduction of expenses. ames Hopkins Trust will comply with all relevant law, regulallon, and codes of practice. -James Hopkins Trust wll employ suiiable fundraising staff -James Hopkins Trust wlll never sell or sharè supporters, personal information wSlh a third party. Unless required by law lo do so for exarnple HMRC. -All literature will properly describ6 what donations will b8 used for. All fundralsSng activities w511 be conducted in an open honest and iransparenl manner. -James Hopkins Twsl does not employ the services of Professional Fundraisers., however. we may work with third parties in some of our fundraising activities. Page 3 James Ho klns Trust Re For Th ort of the Trustees aar Ended FINANCIAL REVIEW During the y8ar income lotslllng £748,379 12022.. £670,285} was received. Grant income for the year was £417,04612023-. £327,797}. Th8 Trust received grants includlng £146,517 from NHS England, £80,197 from Together For Short Lives. £55,000 from the Julia and Hans Rausing Trust. £23,919 from the Pattery Trust. £17,600 from Pied Piper Trust, £10,000 each from the Matchroom Charitable Foundation and the Summerfield Charitable Trust and £5,000 ea¢h from the Albert Hunt Trust, tho Sobdl Foundallon and the James Tudor Foundation. Donations and legacies received and due for the year were £249.195 compared to £244,651 received for 2023. INVESTMENT POWERS AND POLICY Under the Trust Oeed. the Twsl has the powgr to inve51 acwrding lo the recommendations ol the Trustees. In view of the working capital requirement of the Trust, il has been agreed lo retain funds of £250,000 within a 32-day notice bank investment and £250,000 within a six-monlh bank bond investment wth a further balance approximating lo £200,000 in an insianl access bank investment. ihe remaining funds are in a curront account lo service the immediatè operating cashflow requiremant. 11 is not deemed appropriate to make further investments as any additional funds would be required to provide the respite cara facilities and reduce the need for any bank borrowings. RESERVES The Trustees have considered thè requirement of the Trust and its reserves. The Trust alms lo build up a contingency of 12 months total expenditure. to ensure conllnuity of care and to maintain Its operating activities most èffectively. The accounts show that the Trust has £787.502 of nel unre51riclgd reserves against a largot of approximaldy £800,000. The average forecast monthly expenditure is approxlmately £68,000 therefore the charity has about 12 months worth of expenditure In unreslricled reseNes. The Trust is planning to purchase additional land to meet th8 operational demands ol increasing nLJmbers of Glouceslershirg families needing support. This will involvts ¢￿atIng a campaign and restricting funds lo raise the income needed lo develop their resplle centre Kites Corner. GOING CONCERN The Charity has been able lo continue lo malntain healthy resetves desplle the inability to conduct ils usual fundraislng events throughout the year. Since the year gnd fundraising events have recommenced and this should enable the charity lo have sufficient funding and reserves in place lo ensure that ils going concem status is not pla¢ed al risk. PLANS FOR FUTURE- OBJECTIVES Continue to liaise with Gloueestershire C¢)unty Council regarding acquiringlpurchasing additional land adjacent to Kites Comer lo in¢rease and improve the respite a¢eommodalion lo meet the growing demand To increase 2417 opening As bolh the team and the service grow. investment wlll be required in technical SO￿are solutions for HR and care related processes Deliver outstanding care and lo aspire lo b8 Taltrd'oulslanding" by the CQC and Ofsled Recruit additional Trusleos SO that we Can ensure we are providing adequate support and speclalisl guidance throughout JHT Re¢ruil more regist$red paedialric nursgs. healthcare assistants and earfy years educators Expand the fundraising team STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document The Trust is a Charitable Incorporated Organisation ICIOI consliluled in accordance wllh the Chari116s Act 2011 and is a registered charity number 1183110. The trust 15 active in seeking grants, fundraising and ulilises the income Ihereby recoived together with gifts and don8tlons for the provision ol care facilities in dedicated premises in Gloucester. Page 4 James Ho kins Trust Report of the Trustees F rTheY Ended 31 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Rècruitment and appointment of new Iru$t88s There must be al least three Charity Trustees. If the number falls bèlow this minlmum, the ramaining Trustee or trustees may act only to call a meeting of the Charily Trusleos, or appoint a new Charily Trustee. There is no maximum number of Charity Trustees that ￿￿Y be appoinlgd to the CIO. Apart frorn the first Charity Trustees, every Truste8 musl be appointed for a term of three years by resolution passèd al a property convened meeting ol the Charity Trustees. Trusleas will be selecled by the charity trustees according lo the skills, knowledge and eXper5en￿ needed for the effective adminislralion of the CIO. A Twstee may b8 removed from office by the Board of Trustees al a properfy convened meeting or may resign their trusteeship by noti￿ in writing to the Board of Trustèes provided that there are al least continuing Twstees. Al the Trustees meelings. the Trustees agree Ihe broad strategy for the Trust Including consSderation of nancing issues, project consideration and appraisal, and rfsk management policies. Inductlon and tralnlng of n?w Trustees The induction material for new Trustees wlll include the charity's governing document in addillon lo the latest annual report and acoounis. with explanatory material where necessary. and recent minutes ol Trustee meetings. Ongoing Iralnlng will bts given where appropriat8 lo equip Trustees with addltional knowledge and skills designed lo meet the needs of the ¢harity and reflecl the different positions of the Trustees, to ensure the charity runs effectively and efficjenlly. K•y managemant remun•ratlon The key management personnel of the charity comprise th8 Trustees, the Trust Dlrector, and Charity M8nager. The total remuneration of key management personnel during the year was £97,532 1202212023.. £85,053). As CQC Registerèd Mang8r, the Trust Diredor has legal responsibility for the carè provided as we51 as Ihe day-lo-day responsibility lor Ihe financial management and sustainability of the Trust, regulation. and compliance issues in addltion lo supporting the Trustees. Tho Trust Director adheros to the limits and authority levels. as set out in Ihg James Hopklns Trust Managerfs Authority Policy Number 059. The Trust Diroctows remungration is reviewed in accordance wlh équivalent roles and guidelines available within the Charity sector. Rlsk man8g•ment The Trustees have a duty to idenlfy and review the risks lo which the charity is exposed and lo ensure appropriate controls are in place lo provide reasonable assurance against fraud and error. The Trustees have considered thè major risks lo which Ihg charity is exposed and have reviewgd those risks and established syslems and procedures lo manage those risks. The Trustees consider the mainlenancg of income from grants. donations and gifts is the rnosl significant risk and have approved the growth of the fundraising team lo continually seek lo find new sourc8s of funding. REFERENCE AND ADMINISTRATIVE DETAILS Registorad Charity number 1183110 Principal address Kites Corner North Upton Lane GIoLJcesler GL4 3TR Page 5 James Hopliins Trust Re )ort of the Trustees ForThe Year Ended 31 MaL2024 Trustees A Fletcher M R Nelmes T. Stuecken Dr. E. Vorslman S Haq (resigned 26,9.231 S Whitlock Independent Examiner Peter Morgan FCA Kingscoll Dix Limited Chartered AcGountanls Goodridge Court Goodridge Avenue Gloucester Gloucestershire GL2 SEN Approved by order of the board of trustees on and signed on its behalf by.. Imes- Tru Page 6 Inde endent Fxaminer's ReLort to tlie Trustees of l