## (A Charitable Incorporated Organisation) **TRUSTEES ANNAUL REPORT AND FINANCIAL STATEMENT FOR PERIOD 1[ST] April 2021 to 31[st] MARCH 2022** **Registered charity number: 1184999** The Rose and Daisy Foundation ## **LEGAL AND ADMINISTRATIVE INFORMATION** Trustees Mrs Amanda Russell Mr Andrew Hudson Mrs Hannah Peters Mr Jamie Peters (Chair) Miss Tamsin Dalton Mr Thomas Nevett Mrs Donna Smith Miss Lauren Bennet Principal Office Charity Number Website 2 Astley Road The Oakalls Bromsgrove B60 2RS 1184999 roseanddaisyfoundation.org **1** The Rose and Daisy Foundation ## **TRUSTEES REPORT For period ending 31[st] March 2021** The trustees present their report and accounts for the year ended 31 March 2021. ## Structure, Governance and Management The charity is governed by its Constitution as a Charitable Incorporated Organisation dated 20th April 2019 and managed by a Board of Trustees. Trustees meet in person or digitally where required to consider the charities performance; fund raising initiatives; governance reviews; establishment of appropriate policies and all new fundraising drives/campaigns. New trustees are appointed for a term of three years and are inducted through meetings with the Trustees to explain the charity’s strategy, policies and procedures. All trustees are provided with a copy of the constitution, latest Trustees’ Annual Report and Financial Statements. All trustees give their time freely and none receive any form of remuneration. ## Objectives and Activities The objects of the CIO as stated in the constitution are: To relieve the emotional and physical distress of parents and their families that have experienced the death of a baby through neonatal loss, infant loss, stillbirth or miscarriage or have a baby in intensive care throughout Worcestershire and the West Midlands by: - a) Supporting parents whilst currently in hospital with their children and providing helping when required. - b) Supporting and promoting information to parents who have experienced the loss of a child. - c) To promote cross trust communication to prevent parents who have experienced a loss or who are in hospital receiving letters, phone calls etc. about subject such as post-natal checks. - d) To make donations to other charitable causes that have similar objectives to ours, if deemed acceptable by our trustees. - e) To make grants to any medical research that is deemed acceptable by our trustees. **2** ## The Rose and Daisy Foundation - f) Working with trusts to ensure care given to bereaved parents is universal and to the same standard across trusts. ## Public Benefit The trustees have taken due regard of the Charity Commissioners guidance on public benefit when reviewing its aims and objectives and planning future activities. The trustees are satisfied that the charity and it’s aims meet the Charity Commission’s guidelines for public benefit. ## Achievements and Performance 2021/2022 saw the tail end of the Covid-19 pandemic and featured lockdowns and a return to “normal” life for everyone. The Rose and Daisy Foundation complied with all regulations during lockdowns and all guidance post lockdown. The trustees are pleased to report that the charity managed to continue supporting parents and families throughout the duration of the pandemic by continuing support via digital means as identified in our previous year to comply with regulations. 2021 saw the start of The Rose and Daisy Foundation monthly support groups. These groups are informal gatherings of bereaved parents and family members and offer a safe space to discuss their experiences or just a general chat about current affairs which helps to create a relaxed environment for all attendees. The charity held it’s 2[nd] Roses Route event in February 2021 hoping to continue the success of the previous year. Unfortunately the event wasn’t as successful as the previous years event but still raised £490. We feel the lower entrants was due to the pandemic restrictions being removed at the time of the event. At the end of last year the charity began developing our parent well-being boxes and early this year they were completed and we have distributed them to multiple hospitals across the west midlands and Worcestershire regions. Each box is given to parents after the loss of their baby and contain: 2 Parent well-being journals (Developed by The Rose and Daisy Foundation), 2 pens, a pack of colouring pencils, 3 crochet hearts, 2 tealights and a pack for leaflets including leaflets from The Rose and Daisy Foundation including a baby details book and support guidance both developed by the charity. The feedback from both parents and bereavement team staff to the hospitals has been overwhelmingly positive and to date we have distributed 100 boxes and 25 parent well-being journals. The charity plans to keep providing these boxes and aims to expand to more hospitals across the region in the coming years. As the covid restrictions had been lifted by December we held our 2[nd] Winter Wonderland Ball. This year we moved to a new venue which made the event bigger and better that our previous year. We welcomed 150 guests to Grafton Manor Hotel **3** The Rose and Daisy Foundation in Bromsgrove. All guests enjoyed a three course meal and had opportunity to take part in our raffle while being entertained with live music and a DJ. The events was a great success and while our expenditure for the event was large, this ensured our outgoings for future years would be reduced as we purchased items that will be used for years to come at the event. The ball raised over £6,500 which was fantastic for the charity. Next year the charity wishes to expand its visibility at community events and also expand our awareness. We also wish to expand out activities to support fathers/male family members in different ways that will encourage them to reach out and get support. **4** The Rose and Daisy Foundation ## Financial Review The trustees feel the fundraising the charity has undertaken during this year has been as expected and boosted significantly by The National Lottery Community Fund Grant of £9,986. We have utilised £4,606 of this grant on the Parent well-being project with the remainder planned to be spent during 2022/2023. The charity this year has seen an increase in in donations from the general public most notably from individuals with no previous connection to the charity completing events such as sponsored runs and coffee mornings. This has raised a total of £9,302. The charity continues to run it’s own individual fundraising events for example The Winter Wonderland Ball and Roses Route. These activities will continue to form a key part of the charities ability to raise both financial funds and also increase awareness of the charity. This has bought in a total of £6,851. The charity has used some of the capital this year to invest in assets for the charities use in key fundraising events such as The Winter Wonderland Ball and local community events. The charity continues to look for ways to improve the ongoing monitoring of the financial status and following a review of available accounting software’s, the trustees have taken the decision to continue the current accounting practice (Excel). This has been based predominantly on the unnecessary additional expenditure the charity would face. It is also noted that a small number of receipts for goods purchased are unavailable, however, this has been noted as a key principle going forward with all expenditure having an accompanying receipt/invoice for goods/services over the value of £50. ## Unrestricted Funds and Reserves Policies Unrestricted Funds are spent or applied at the discretion of the trustees to fund any of the charity’s aims and activities. The trustees may choose to designate a part of the Unrestricted Funds to be used for a particular future project or commitment. Such a Designated Fund remains part of the Unrestricted Funds of the charity. The trustees will regularly review the charity’s need for adequate reserves in the light of the changing risks of the organisation. The charity has decided to change the accounting approach/principles for this financial year and all the years there after to help simplify the management and reporting of the accounts, and will therefore not include things such as fixed assets. The charity accounting principles will be based on income and expenditure only. **5** ## The Rose and Daisy Foundation The unrestricted funds of the charity stood at £7,475.31 at the end of the period (31[st] March 2022) ## Restricted Funds Following the National Lottery Community Grant application being successful the charity have decided to separate these funds out to be used for restricted activities. This is in line with the application to gain the grant and it’s limited use. The trustees will continue to monitor the usage of the funds and have agreed that where funds will not be used in full during the accounting year, it is possible to defer income into the next accounting period for use. This year the charity has utilised £4,606 on the parent well-being project. As a result all funds of the grant will not be used in year one and £5,379 should be deferred to 2022/2023. The restricted funds of the charity stood at £5,379 at the end of the period (31[st] March 2022) ## Independent Examination of Financial Statements Gross Income during the reporting period (including the exclusion of deferred income) was less than an annual rate of £25,000 and therefore, the trustees have elected to take advantage of sections 144 & 145 of the Charities Act 2011 in not submitting these Financial Statements to audit or independent examination. No such examination is required by the charity’s Constitution. **6** The Rose and Daisy Foundation The Trustees’ Report was adopted by the Board of Trustees on 15th December 2022. - - - - - - - - - - - - - - - - - - - - - - Jamie C Peters Chair of Trustees **7** The Rose and Daisy Foundation ## **STATEMENT OF TRUSTEE’S RESPONSIBILITIES For period ending 31[st] March 2021** The trustees are responsible for the preparation of the trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards. The trustees are required to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity as at the balance sheet date and of its income and expenditure for the period ended on that date. In preparing financial statements the trustees are required to – - Select suitable accounting policies and apply them consistently. - Observe the methods and principles in the Charities SORP. - Make judgements and estimates that are reasonable and prudent. - State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements, and, - Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue in operation. The trustees are responsible for maintaining such proper accounting records as are necessary to disclose with reasonable accuracy and at any time the financial position of the charity. The trustees are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees confirm that they have complied with these requirements. Signed on their behalf on 15th December 2022. - - - - - - - - - - - - - - - - - - - - - - Jamie C Peters Chair of Trustees **8** The Rose and Daisy Foundation ## **STATEMENT OF FINANCIAL ACTIVITIES For period ending 31[st] March 2021** |Receipts
Donations, legacies and grants
Fundraising events
Restricted Fund Grants
**Total Receipts**
Payments
Cost of fundraising events
Governance costs
Cost of charitable activities
Purchase Equipment & Supplies
Restricted Fund Activity
**Total Payments**
Surplus for the year carried to unrestricted funds
Funds brought forward on 1st April
Funds carried forward as of 31st March|**2022**
**£**
**2021**
**£**
9,303
6,383
6,851
4,331| |---|---| ||4,607
-| ||20,761
10,714| ||6,534
716
1,584
1,447
2,194
4,594
300
1,444| ||4,607| ||13,219
8,201| ||5,542
2,513
6,682
4,169| ||12,082
4,169| The statement of financial activities includes all gains and losses during the period. **9** The Rose and Daisy Foundation ## **BALANCE SHEET as of 31[st] March 2021** |Fixed Assets
Computers and technical equipment
Furniture, fixtures and fittings
Other equipment and assets
Current Assets
Cash in hand and at bank
**Net Assets**
Funds and Reserves
Unreserved fund
**Total funds and reserves**|**2022**
**£**
**2021**
**£**
0
1,119
0
560
0
792
12,085
6,682| |---|---| ||12,085
9,193| ||12,085
6,682| ||12,085
6,682| The financial statements were approved by the Board of Trustees on 15th December 2022. - - - - - - - - - - - - - - - - - - - - - - Jamie C Peters Chair of Trustees **10**