## **UNAUDITED TRUSTEE’S ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020**
**CHARITY REGISTRATION NUMBER: 1185499**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
|**Trustees**|Fiona Corless (Chair)|
|---|---|
||Matthew Longley (Treasurer)|
||Gemma Gaut|
|**Charity Number**|1185499|
|**Registered office**|27 Marlwood Drive|
||Bristol|
||BS10 6SH|
|**Independent Examiner**|Morris Crocker|
||Chartered Accountants|
||Station House|
||North Street|
||Havant|
||PO9 1QU|
|**Bankers**|Lloyds Banking Group Plc|
||25 Gresham Street|
||London|
||EC2V 7HN|
## **CONTENTS**
||**Page**|
|---|---|
|Trustees’ Report|1 - 3|
|Independent Examiner’s Report|4|
|Statement of Financial Activitie**s**|5|
|Balance Sheet|6|
|Statement of Cash Flows|7|
|Notes to the financial statemen**t**
s|8 - 12|
## **TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2020**
## **Introduction**
The Trustees present their repo **r** t and unaudited financial statements for the ye **a** r ended 31 December 2020.
The financial statements compl **y** with the Charities Act 2011 and the Accounting and Reporting by Charities: Statement of Recom **m** ended Practice applicable to charities preparing their accounts in accordance with the Financial R **e** porting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective January 2019).
The charity is a charitable trust **a** nd is constituted and governed by its charitable trust deed dated 2 December 2018. The trust was registered with the Charity Commission, number 1185499, 25 September 2019.
## **Trustees**
Trustees who served during the year were:
Fiona Corless
Matthew Longley
Ellie Ross-Smith (resigned 25 N **o** vember 2020) Gemma Gaut (appointed 25 No **v** ember 2020)
There must be at least three tru **s** tees. The Trustees are ultimately responsible f **o** r the policies, activities and assets of the chari **t** y. They are in regular and frequent contact to r **e** view the developments with regard to th **e** charity, its activities and to make important decisions. The Board of Trustees meets formally at least four times a year, with at least one in person m **e** eting, to ascertain the level of funds available for distribution. New trustees are appointed following an interview process and recommendation from existing trustees having regard to the need f **o** r an appropriate mix of skills on the Trustee Board.
## **Objectives and activities**
The purpose of the charity is to **s** upport bereaved parents through providing access to therapy/counselling free of cha **r** ge; activities/services to help them remember t **h** eir child that has died; and activities to help the **m** remember to look after their emotional well-b **e** ing. We also support children with cancer and life limiting conditions and their families by providing gifts and activities whilst receiving treatment.
Page | 1
## **TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020**
The Trustees aim to ensure that appropriate levels of cash are available in order to meet the ongoing needs of the charity particularly that there is sufficient cash to fund any ongoing therapy to bereaved parents for at least th **e** next twelve months.
## **Risk**
The Trustees have considered **w** here there may be risks to which the Charity is **e** xposed and confirm that systems are established to **m** itigate against them.
## **Public benefit requirement**
The Trustees have given due co **n** sideration to Charity Commission published gui **d** ance on the operation of public benefit requirement.
## **Achievements, performance and financial review**
The financial activities are sum **m** arised on page 4 of the accounts. The charity h **a** s generated a surplus for the year ended 31 D **e** cember 2020 of £20,598 (2019: period ended 3 **1** December of £10,940).
During the year the charity has **f** unded the following activities and services:
- over 70 therapy session **s** for bereaved parents;
- provided over 30 self care comfort boxes for bereaved parents;
- provided over 260 book **s** in 7 bereavement libraries;
- over 60 meals to parents of children on children’s wards at Bristol Child **r** en’s Hospital and Queen Alexandra Hospi **t** al;
- 5 keepsakes for bereav **e** d parents ; and
- 48 food parcels and 40 **a** ctivity packs for families of medically vulnerabl **e** children during the Covid 19 pandemic.
Some comments from parents **w** ho have benefited from our services during the year:
“I would like to say thank you for my beautiful box that I have recently r **e** ceived. It brought a smile to my face and te **a** rs to my eyes. It’s so kind of you.” - Self care box
“I can’t thank you enou **g** h for arranging all of this [therapy] for me. I rea **l** ly feel like I am so ready for it now.” - The **r** apy
## **Future plans**
The charity will continue to fun **d** therapy sessions for the parents we currently provide for as well as look for further referrals to incr **e** ase the number of parents we offer this service to.
Page | 2
## **TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020**
## **Reserves policy**
The Trustees have reviewed the reserves of the Trust and consider this level of f **r** ee reserves to be appropriate to enable the Trust to continue its activities. As at 31December 202 **0** total reserves amounted to £31,538 (2019: 10 **,** 940) including restricted funds of £3,151 (2019: £nil).
On behalf of the Board of Trust **e** es
Fiona Corless Chair of Trustees
Date: 21/10/2021
Page | 3
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF RIPPLES OF COMPASSION**
I report to the charity trust **e** es on my examination of the accounts of Ripples of Compassion (the Trust) for the **y** ear ended 31 December 2020.
## **Responsibilities and basis of report**
As the charity trustees of the Tr **u** st you are responsible for the preparation of the accounts in accordance with the require **m** ents of the Charities Act 2011 ('the Act').
I report in respect of my exami **n** ation of the Trust's accounts carried out under **s** ection 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commissio **n** under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have c **o** me to my attention in connection with **t** he examination giving me cause to believe that in any material respect:
1. accounting records wer **e** not kept in respect of the Trust as required by **s** ection 130 of the Act; or
2. the accounts do not acc **o** rd with those records; or
3. the accounts do not co **m** ply with the applicable requirements concerning the form and content of account **s** set out in the Charities (Accounts and Reports) Regulations 2008 other **t** han any requirement that the accounts give a t **r** ue and fair view which is not a **m** atter considered as part of an independent ex **a** mination.
I have no concerns and have come across no other matters in connectio **n** with the examination to which attention should be drawn in this report in order to enab **l** e a proper understanding of the accounts to be reached.
P J Underwood, FCCA Morris Crocker Chartered Accountants Station House North Street Havant Hampshire PO9 1QU
Date:
Page | 4
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2020**
|||||||**Total**|
|---|---|---|---|---|---|---|
|||||||**Period ended**|
||||**Unrestricted**|**Restricted**|**Total**|**31 December**|
||||**funds**|**funds**|**2020**|**2019**|
||**No**
**te**||**£**|**£**|**£**|**£**|
|**Income:**|||||||
|Donations|||23,057|2,017|25,074|11,773|
|Grants|||1,500|11,141|12,641|-|
|**Total income**|||**24,557**|**13,158**|**37,715**|**11,773**|
||||||||
|**Expenditure:**|||||||
|Charitable expenditure|||5,124|10,633|15,757|-|
|Support costs|**4**||1,360|-|1,360|833|
|**Total expenditure**|||**6,484**|**10,633**|**17,117**|**833**|
||||||||
|**Surplus for theyear**|||**18,073**|**2,525**|**20,598**|**10,940**|
||||||||
|**Funds reconciliation:**|||||||
|Funds brought forward|**8**||10,940|-|10,940|-|
|Surplus for theyear|**8**||18,073|2,525|20,598|10,940|
|**Funds carried forward**|**8**||**29,013**|**2,525**|**31,538**|**10,940**|
The Statement of Financial Acti **v** ities includes all gains and losses recognised in t **h** e year.
All income and expenditure derives from continuing activities.
The notes on pages 8 to 12 for **m** part of these financial statements.
Page | 5
## **BALANCE SHEET AS AT 31 DECEMBER 2020**
**----- Start of picture text -----**
2020 2020 2019 2019
Notes £ £ £ £
Current assets
Debtors 2 2,541 545
Cash at bank 29,597 1 0,395
32,138 10,940
Current liabilities
Creditors: amounts falling due 3 (600) -
within one year
Net current assets 31,538 10,940
Net assets 31,538 10,940
The funds of the charity
Unrestricted funds 8 29,013 10,940
Restricted funds 8 2,525 -
Total funds 8 31,538 10,940
**----- End of picture text -----**
The accounts were approved by the board and authorised for issue and signed on their behalf by:
**Fiona Corless Matthew Longley** Chair of Trustees Treasurer
Date: 21/10/2021
The notes on pages 8 to 12 for **m** part of these financial statements.
Page | 6
## **STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2020**
**----- Start of picture text -----**
Period ended 31 December
2020 2019
£ £
Cash used in operating activities:
Surplus for the year 20,598 10,940
Increase in debtors (1,996) (545)
Increase in creditors 600 -
Net cash used in operating activities 19,202 10,395
Net increase in cash in the year 19,202 10,395
Cash at the beginning of the year 10,395 -
Cash at the end of the year 29,597 10,395
Analysis of changes in net funds:
At 31
At 1 January December
2020 Cash flows Other non- 2020
£ £ cash changes £
Cash 10,395 19,202 - 29,597
Total 10,395 19,202 - 29,597
**----- End of picture text -----**
The notes on pages 8 to 12 for **m** part of these financial statements.
Page | 7
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020**
## **1. Accounting policies**
## **1.1 Basis of preparation**
Ripples of Compassion i **s** a charitable trust constituted by way of a chari **t** able trust deed. It is registered with the Cha **r** ity Commission of England and Wales and its re **g** istered number is 1185499. The registere **d** office is 27 Marlwood Drive, Bristol, BS10 6SH.
The financial statement **s** are prepared under the historical cost convention and in accordance with applic **a** ble accounting standards.
The financial statement **s** have been prepared in accordance with Accou **n** ting and Reporting by Charities: Statement of Recommended Practice applicable to charitie **s** preparing their accounts in accordance with the Financial Reporting Standard applicabl **e** in the UK and Republic of Ireland (FRS **1** 02) (effective 1 January 2019) – (Charities SOR **P** (FRS102)), the Financial Reporting Sta **n** dard applicable in the UK and Republic of Irelan **d** (FRS102).
The Trust is a Public Be **n** efit Entity as defined by FRS 102.
The Trustees are confid **e** nt that the charity will be able to meet its finan **c** ial obligations as they fall due for the for **e** seeable future, being at least 12 months from t **h** e date of signing of these financial stateme **n** ts, and therefore consider it appropriate to pre **p** are the financial statements on a going c **o** ncern basis.
## **1.2 Financial instruments**
The Trust only has financial assets and financial liabilities which are of a **k** ind that qualify as basic financial instrume **n** ts. Basic financial instruments are initially reco **g** nised at transaction value and subsequently at their settlement value.
## **1.3 Income recognition**
Income relates to donations which have been received by the charity and activities for raising funds relate to f **u** ndraising activities which have taken place thro **u** gh the year and are recognised when the charity has entitlement to the income.
Page | 8
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020**
## **1.4 Expenditure**
All expenditure is included in the Statement of Financial Activities Liabili **t** ies are recognised as expenditure as soon **a** s there is a legal or constructive obligation com **m** itting the charity to the expenditure. All **e** xpenditure is accounted for on an accrual basis **.**
Support costs are those costs which are not directly attributable to the **d** irect charitable expenditure, but which **a** re in respect of the general administration of t **h** e charity and overall management of the fun **d** s.
## **1.5 Fund accounting**
General funds are unre **s** tricted funds which are available for use at the **d** iscretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for any other purpose. The charity also has restricted funds **w** hich represents funds donated for speci **f** ic purposes.
## **2. Debtors**
||**2020**
**£**
**2019**
**£**|
|---|---|
|Other debtors
Prepayments|**2,214**
**327**
**2,541**
**218**
**327**
**545**|
## **3. Creditors: amounts falling due within one year**
||**2020**
**£**
**2019**
**£**|
|---|---|
|Accruals|**600**
**600**
**-**
**-**|
Page | 9
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020**
## **4. Support costs**
||**2020**
**£**
**2019**
**£**|
|---|---|
|Independent examiner’s fees
Other|**600**
**760**
**1,360**
**-**
**833**
**833**|
## **5. Trustees**
None of the trustees received a **n** y remuneration during the year (2019: none) h **o** wever one of the trustees was reimbursed expen **s** es totalling £4,264 (2019: £nil) in relation to cos **t** s incurred in providing charity activities whic **h** were not able to be directly funded from the c **h** arity’s bank account.
## **6. Employees**
There were no employees durin **g** the year (2019: none).
## **7. Related parties**
During the year, one of the trus **t** ees was reimbursed expenses totalling £4,264 ( **2** 019: £nil) in relation to costs incurred in pro **v** iding charity activities which were not able to b **e** directly funded from the charity’s bank account **.**
Page | 10
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020**
## **8. Statement of funds**
**----- Start of picture text -----**
At 31
At 1 January December
2020 Income Expenditure 2020
£ £ £ £
Restricted funds
Uni of Bristol – Good Grief - 52 (52) -
Thales – RoC Rugby event - 500 ( 120) 380
CJ Logistics – RoC Rugby shirts - 1,500 (1 , 500) -
Foyles grant – Therapy - 2,000 (1 , 510) 490
Wiltshire Community Foundation - 1,665 (1 , 665) -
grant
National Lottery grant - 5,920 (5 , 270) 650
Starlight fundraiser - 516 ( 516) -
- -
Cooperative Hampshire – Cook 1,005 1,005
vouchers
Total restricted funds - 13,158 (10,633) 2,525
Unrestricted funds 10,940 24,557 (6,484) 29,013
Total funds 10,940 37,715 (17,117) 31,538
**----- End of picture text -----**
Page | 11
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2020**
## **9. Statement of Financial Activities for the period ended 31 December 2019**
||**Note**
**Unrestricted**
**funds**
**£**
**Restricted**
**funds**
**£**
**Total**
**2019**
**£**|
|---|---|
|**Income:**||
|Donations
11,773
-
11,773||
|Grants
-
-
-||
|**Total income**
**11,773**
**-**
**11,773**||
|||
|**Expenditure:**||
|Charitable expenditure
-
-
-||
|Support costs
4
833
-
833||
|**Total expenditure**
**833**
**-**
**833**||
|||
|**Surplus for theyear**
**10,940**
**-**
**10,940**||
|||
|**Funds reconciliation:**||
|Funds brought forward
8
-
-
-||
|Surplus for theyear
**Funds carried forward**
8
10,940
**8**
**10,940**
-
10,940
**-**
**10,940**||
Page | 12