2023-03-31-accounts - The Rose And Daisy Foundation

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(A Charitable Incorporated Organisation)

TRUSTEES ANNAUL REPORT AND FINANCIAL STATEMENT FOR PERIOD 1[ST] April 2022 to 31[st] MARCH 2023

Registered charity number: 1184999

The Rose and Daisy Foundation

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

Mr Jamie Peters (Chair) Mrs Hannah Peters Mr Thomas Nevett Mrs Donna Smith Miss Lauren Bennet Mrs Rachel Badger

Principal Office

Charity Number Website

2 Astley Road The Oakalls Bromsgrove B60 2RS 1184999

roseanddaisyfoundation.org

The Rose and Daisy Foundation

TRUSTEES REPORT For period ending 31[st] March 2023

The trustees present their report and accounts for the year ended 31 March 2023.

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.

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

The trustees are happy to report that the support groups which began in 2021 have continued to grow month to month and are still being held monthly.

The charity held it’s 3[rd] Roses Route event in February 2023. Unfortunately the event received a further reduction in support than in 2022 and as such wont be returning in 2023 until the event has been reviewed and discussed on ways to move forward with it.

The charity has continued to supply it’s parent well-being boxes to hospitals and this year alone has seen over 200 boxes and 75 parent well-being journals(individually sent as requested from a hospital) distributed. We continue to receive positive feedback from bereavement midwives on their usage.

December saw us host our 3[rd] annual Winter Wonderland ball. Although our numbers were lower than our previous year, our guests still had an amazing experience and as predicted with the additional expenditure from last years event this years expenditure was much lower and as a result we raised over £6,000.

This year saw the charity form Rose and Daisy FC. A football team aimed at providing support targeted at dads and male family members as a support system. The team also comprises of player wanting to support the charity as the team plays In charity games to raise funds. The team required startup funds for items such as balls, medical supplies and kit to name a few items. This was a total cost of £1,200 however the team raised over £1,000 in its first game! The team has created a positive environment for supporting families and we are thrilled to continue with this as an activity in which the charity will support. The team has also managed to become independent from the charity financially after the initial startup but the trustees note that it was decided to subsidise bereaved fathers kit as and when they join the team.

Next year the charity wishes to continue to expand its visibility at community events and also expand our awareness. We also wish to expand our activities to support fathers/male family members in different ways that will encourage them to reach out and get support.

The Rose and Daisy Foundation

The trustees note the delay and late return of this annual report and financial submission. This is due to schedule conflicts and delayed availability. The trustees would like to note these reports will be created a filed much closer to year end in the coming years.

The Rose and Daisy Foundation

Financial Review

The trustees feel the fundraising the charity has undertaken during this year has been as expected and we have utilised £3,533 of our previous National Lottery Community Fund grant on the Parent well-being project with the remaining £1,846 planned to be spent during early 2023/2024.

The charity this year has seen another increase in in donations from the general public and also commercial partners most notably from Tricas Construction who raised £4,149. Total raised funds from donations has totalled £13,376.

The charity continues to run its 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 over £6,000.

The charity has used some of the capital this year to invest in new charity football team which aims to support dads and male family members whilst raising funds for the charity.

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 trustees would like to note on last year’s unrestricted funds statement that the figure was incorrect as it was not updated from the previous years statement. As such the trustees would like to note that last years unrestricted funds stood at £12,082.15 at the end of the period (31[st] March 2022)

The unrestricted funds of the charity this year stood at £22,017.91 at the end of the period (31[st] March 2023)

Restricted Funds

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.

The Rose and Daisy Foundation

This year the charity has utilised £3,533 on the parent well-being project. As a result all remaining funds of the grant will not be used in year two and £1,846 should be deferred to 2023/2024.

The restricted funds of the charity stood at £1,846 at the end of the period (31[st] March 2023)

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.

The Rose and Daisy Foundation

The Trustees’ Report was adopted by the Board of Trustees on 2nd February 2023.

Jamie C Peters Chair of Trustees

The Rose and Daisy Foundation

STATEMENT OF TRUSTEE’S RESPONSIBILITIES For period ending 31[st] March 2022

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 2nd February 2023.

Jamie C Peters Chair of Trustees

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	2023 £ 2022 £ 13,376 9,303 6,336 6,851
	3,533 4,607
	23,245 20,761
	5,255 6,534 2,184 1,587 3,102 2,194 2,626 300
	3,533 4,607
	16,700 13,219
	6,545 5,542 12,082 6,682
	22,017 12,082

The statement of financial activities includes all gains and losses during the period.

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	2023 £ 2022 £ 0 0 0 0 0 0 22,017 12,085
	22,017 12,085
	22,017 12,085
	22,017 12,085

The financial statements were approved by the Board of Trustees on 2nd February 2023.

Jamie C Peters Chair of Trustees