REGISTERED CHARITY NUMBER.. 1187991 Report of the Trn5tee5 and Unaudited Financial Statements for the Year EDded l April 2024 for Henrik's Troopers Harris Lacey and Swain Suite The Riverside Building Hessle East YorkshiTe HU13 ODZ
Henrik's Troopers Contents of the Financial Statements for the Year Ended l April 2024 Page Report of the Trustees Independent Examiner'5 Report Statement of Financial Activitie5 Balance Sheet Notes to the FinaNei#l Statements 7 to 10 Detailed Statement ol Financial Activities
Henrlk's Troopers Report of the Trustees for the Year Ended l April 2024 The tTUStees present their report with the financial statements of the chariry for the year ended l April 2024. The Irustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recotnrnended Practice applicable to charities preparing their accounts in accordance with the Financial Reponing Standard applicable in th¢ UK aThd Republic of Ireland IFRS 102) (effective l January20191. OBJECTIVES AND ACTIVITIES Objectives #nd alms This organization was foTmed in 2020 and its objective is the relief of sickness and preservation of health among Children suffering from Cerebral Palsy, by pr(>viding Jants to parents 01 carers seekino to self- fund children qualifying for Selective Dorsal Rhizotomy surgeryl rreatmeni, including pre and post- operative therapy and equipment. We wani to help families who dont have the financial m¢ans or ability to self- fund children qualifying for Selective Dorsal Rhizototny. In the UK. l in 400 children will be bom with & fgrn of Cerebral Pa15y per year. For children with Cerebral Palsy who has spasticity mainly affecting their legs (low¢r limbs) and with not much weakness SDR can be considered. Selective Dorsal Rhizoiomy ISDR) is an operaiion used to reduce spasticity (muscle StieSSI in Cerebral Palsy. Cerebral Palsy is a descriptive tertn for a problem of motor control caused by an itTeversible structural difference or damaoe 10 the brain Ihat happens at birth, around the birth or in the fjrst 2 years of life. Alihough the brain injury does not get any worse as the child gets older, the ditTiculti¢s li ¢allses can change in the gTowing child. The problem of movemeni can often be accompanied by other tlinical. functional and development chall¢ng¢s. The pattern of movemeni problems are dependent (Trn which part of the brain has been damaged. Somerimes the main problems stiffnes5 {spasticiry). someiimes weakness and sometimes a PTobletn with controllitlg patteTns of movement Idystonia). The extent of the area of brain damaoe usually deterniines the severity of tnovement PToblems. The severity of the child's moror problems is described on a scale of one io five {one the least and five the mostl using the Gross Motor Functional Classificarion System {GMFCSI. As with any child movemen( chanoes with growth and stiffness in the muscles this can lead to pain and titshiness over time and can impair the child's ability to walk. SDR is a complex specialized neur05uruital pr(Kedurel surgery involving cutting nerves in the lower spine that are responsible for muscle StIeSS in order to ease muscle spasticity and improve mobility in people with Cerebral Palsy. The overall treatment also includes pre and post- operative physiotherapy. Before 2019 the surgery was not fijnded by the NHS. Since 2019, the NHS has commissioned SDR to a s¢lectiv¢ group ol ehildTen. However. when NHS conmiissioned the clinical research on SDR they only did it for children in GMFCS levels 11 & 111 and exeluded the research on children in GMFCS levels I,IV & V. There ale some children that still benefits fron having SDR in th¢ higher levels. FINANCIAL REVIEW Principal funding sources Related Party Disclosure During the period ended O l April 2024, donations of £50,00012023 - £50.000) where made by Mr F Ehmer and MTS R Ehm¢T, both of which are trustees of the charity. £1 l i.000 was received from Apax Partners during th¢ year (2023 - £Nil). Mr F Ehmer is a partner at Apax Partn¢rs as well as being a trustee for Henrik's Troopers. Page I
Henrik'5 Troopers Report of th¢ Trustees for the Year Ended l April 2024 FINANCIAL REVIEW Reserves policy The Trustees aim io carry such r¢5¢rves as enables th¢m to facilitate operations for all whts need their help. The charity's ongoing administration c05t will be lo/0 funded by Rll)a and Frank Ehmer. Consequ¢ntly, lo/ of donations will 00 towards providÈng grants. The cost of a surgery at th¢ Portland Hospital is £34,500 whieh includes the cost of the surgery, I week of inpatient {physio twice daily) and then 2 weeks of outpatient physio twic¢ daily and the follow ups ai 6. 12 and 24 months. The charity hold enough funds in reserv¢ io cover this expense should they be required to. The Charities reserve polity is therefore to hold a minimum of £34,500 in reserve io cover the cost of a surgery should they ee required. Th¢ l¢vel of free funds available in the charity is currently £260.38112023.. £113,970) FUTURE PLANS The idea of the organisation was bom when we as a family had to go through this operation with our son Henrik. We were saddened at the time to learn that the surgery wa5 not funded by the NHS at all. Given the substantial cost of the SUTgery, we realised thai it must be difficult for families with limited financial means. This made us think that we wanted to help somt of those fatnilies. The charity has had two applicant in the fInancial yeaT 202312024 with both having the surgery in the financial year 202412025, however. one has been supported with given grant to pre- surgery equipment in the financial year 202312024 to help thetn prepare foi the surgery. STRUCTURE, GOVERNAf4CE AND MANAGEMENT Governing document The charity is controlled by its governintt document, a deed of trust and constitutes an uninco)Forated Charity. Or8ani5ational structure The Orttanisaiion will tske a legal fomi of Charitsble Incorporated Organisation I'CIO") who's only voiing members are its charity trustee5. The Organisation will be governed by a board of 3 Trustees; Rina Ehmer Philip Muelder Frank Ehmer The day to day operaiion of the OrgAnisation will be done by Rina Ehmer. At this stage there i5 no need for any further staffints The organisaiion will be based and operared out of 13 Clareville Grove, London. SW7 SAU. At this stag¢ there is no need for any other premises. Induetion and training of new trustees The Trustee51 Funding cotnmittee takes no view on whether a child qualifies or noi qualifies for the surgeryl treattnent. That decision is made by the specialist surgeon and their team. The Trusteesl Funding committee rely on the sur(peon's recojnmendation to perfom or not perforn) the surgeryl treatment. There is no pre-existing relationship between the Trustees and the applicants. Page 2
Henrik'5 Troopers Report of the Trustee5 for the Year Ended l April 2024 STRUCTURE. GOVERNAf4cE AND MANAGEMENT Marketing Str¥tegy glld Grant Funding The granis will initially be marketed through spe¢ialist surtseons. who will be empowered io meniion to families this altemative for fundino Dr Krisiian Aquilina who is the surg¢on that perforffls this surrwery at Greai Omiond Street Hospital and th¢ Portland Hospital has already agreed io do so. The idea is to broaden this marketintt basis ov¢r time. The fundinu for the grants will not be made directly to the applicant, but directly to the hospital, organisation andlor therapy center where the surgeryl treattnent l5 being performed. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1187991 Prineip#l address 13 Clareville Grove London SW7 SAU Trustees Mrs R Ehmer Chair Mr F Ehmer Trustee Mr P Ehmer Trustee Independent Examiner Harris Lacey and Swkin Suite I The Riverside Building Hessle East Y0rh1re HU13 ODZ Approved by order of the board of trustees on l Ociober 20?4 and signed on its behalf by.. MTS R Ehmer- Trustee Pag¢ 3
Indep¢Ddent Examiner's Report to the Trustees of Henrik's Troopers Indeptndtnt exaN]iner's report to the trustees of Henrik's Troopers I repon to ihe charity trustees on my exatnination of the accounts of Henrik's Troopers (the Trust) for the year ended l April 20?4. Responsibilities and basis of report As the charity trusrees of the Trust you are responsible for the preparation of the a¢counts in aceordance wilh the requirements of the Charities Att 2011 {the Act'l. I report in respect of my examination of ihe Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applÈcable Directions oiven by ihe Chariry Commission und¢r Section 14515)Ibl of the Acl. Independent examiner'5 5taternent I have completed my examinaiion. l ¢onfJrni that no material matters have COTne to tny attention in connection with the examination giving me cause to believe thai in any maierial respect.. accounting records were not kept in Tespect of th¢ Trust as required by Section 130 of the Act.. or the a¢¢ounts do not accord with those records: or Ihe accounts do not comply with the applicable requirements concerning the fomi and content of accounts set out in ihe Charities (AccoLmts and Reports) RegulatÈon5 2008 othei than any requtrement that the accounts give tNe and fair view which is not a maller considered as part of an indep¢nd¢nt ¢xaTninatitsn. I have no concerns and have come across no other matters in connection with ihe examination io which attention Should be drawn an thi5 report in order io enable a proper understsnding of the accounts to be reached. q,,a Richard D Lacey Harris Lacey and Swain Suite I The Riverside Building Hes51e East Yorkshire HU13 ODZ Dale.. Page 4
Henrik's TroopeT5 Statement of Financial Activities for the Year ERded l April 2024 2024 Unre51ricted fund 2023 Total funds Notes INCOME AND ENDOWMENTS FROM Donations and lega¢i¢s 167,623 50.0(X) EXPENDITURE OP4 Raising fullds 1,385 1.315 Charitable aetivities Surgeries 19,827 Total 21.212 NET INCOME 146.411 48,685 RECONCILIATION OF FUNDS Total ndS brought forward 113,970 65.285 TOTAL FUNDS CARRIED FORWARD 260,381 13,970 The notes fom) part of these financial ststetnents
HeRrik'5 Troopers Balance Sheet l April 2024 20?4 Unrestricted fund ?023 Toial fitnds Notes CURRENT ASSETS Cash at bank 261,701 115,230 CREDITORS Amounts falling due within one year 11.320} {1,2601 NET CURRENT ASSETS 260,381 113,970 TOTAL ASSETS LESS CURRENT LIABILITIES 260,381 113,970 NET ASSETS 260,381 113,970 FUNDS Unrestricted funds 260.381 13.970 TOTAL FUNDS 260,381 113,970 The financial statements were approved by the Board of Trustees and authorised for issu¢ (Trn l October 2024 and were signed on its behalf by.. Mrs R Ehrner- Trustee The no9 fomi part of these financial statements
Henrik's Troopers Notes to the Finxneial Statements for the Year Ended l April 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of ihe chariry, whieh is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 1021 'Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accoun15 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 10?) {effective l January 2019}', Financisl Reporting Standard 102 'The Financial Reporting Siandard applicable in the UK and Republic of Ireland. and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Critical accounting judgements and key source5 of estimation uncerlainty Estimates and judoetnents are coniinually evaluated and are based on historical experience and other factor5, including expectations of future events that are believed to be reasonable under the circumstances. Alrhough these estimates are based on the Directors, best knowlcdue of the atnouni, events or actions, actual results ultTrmately differ frotn these estimates. The Directors do not consider there to be any material estimates and judgements. Income Income received for services provided i5 accounted for on an accruals basis. Cash donation5, gifts and legacies are included in full in the income and expenditure account as they are received. Any significant non-cash donations are included in the income and expenditure account at the trustees, esiimaie of iheir market value when received. The value of voluntary help is not included in the a¢collnts. Expenditure Liabiliiies are recognised as expenditure as soon &% there is a le(Tal or consrruciive obligaiion committing the charity to thar expenditure. it is probable that a transfer of economic benefits will be required in settlement and th¢ amount of the obliuation can be measured reliably. Expenditure 15 a¢counted for on an accruals basis and has been classified under headints5 that aogretsate all cosi relared w the category. Where costs cannot be dire¢tly attribuied lo particular headings they have been allocated to activiiies on a basis consistent with ihe use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued &% expenditure. Taiation The charity is exempt from tax on its charitable activities. Fund aecounting Unrestricfed funds ¢an b¢ us¢d in accordance with the chariiable objectives at the dsscretion of the tn15tees. Restricted funds can only be used for particular re5tTlCt¢d purposes within ihe objects of the charity. Restrictions arise when specified by the donor or when fLmds are raised for particular restricted purposes. Furth¢r ¢xplanation of the naiure and pUoSe of ea¢h nd is inclllded in the notes io the fmancial sracements. Finaneial instruments The company only has financial assets and financial liabilities of a kind rhat qualify as basic financial instrumenis. Basi¢ financial instruments, including irade and other debtor5 and creditors ar¢ initially recOlsed at transaction value and subsequently measur¢d at their settlement value. contnued..
Henrik's Troopers Notes to the Finanei81 Statements- continued for the Year Ended l April 2024 RAISING FUNDS Raising donations and leg&cies 2024 2023 Support cosis 65 55 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, rernuneration or other benefits for the year ¢nded l April 2024 nor for the year ended April 2023. Trustees, eipen5e5 There w¢re no trustees, expeThses paid for the year ¢nd¢d l April 2024 nor for the year ended l April 2023. COMPARATIVES FOR THE STATEMENTOF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donaiions and legacies 50,000 EXPENDITURE ON Raising funds l.i15 NET INCOME 48,685 RECONCILIATION OF FUNDS Total ndS broughi forwaTd 65.285 TOTAL FUNDS CARRIED FORWARD I li,970 Page 8 coniinued...
Henrik's Trooper5 Noies to the Financial Statements- continued for th¢ Ye#r Ended l April 2024 CREDITORS.. AMOUNTS FALLING DUE WITHIN OIYE YEAR 2024 2023 Other creditors 1,320 1.260 MOVEMENT IN FUNDS Net mov¢tnent in funds At 1.4.24 At 2.4.23 Unrestricted funds General fijnd 113,970 146,411 260.381 TOTAL FUNDS 113,970 146,411 260.381 Net movement in funds. included in the above are a5 follows.. Incoming resources liesources expended Movement in funds Unrestricted funds General bjnd 167.623 (21,212) 146,411 TOTAL FUNDS 167.623 (21,212) 146,411 Cornparatives for movement in funds Net movement in fund5 At 1.4.2i At 2.4.22 Unrestricted funds General fund 65,285 48,685 113.970 TOT AL FUNDS 65,285 48,685 113,970 Comparative net movement in fvnd5, included in the above are as follows-. Incoming resources Resources expended Movement in funds Unrestricted funds Oeneral fund 50,000 (1.315) 48.685 TOTAL FUNDS 50,000 48,685 Page 9 cortiinued...
Henrik's Troopers Notes to the Financial Statement5- continutd for the YeAr Ended l April 2024 MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combin¢d position 15 as follows.. Net movement in fund5 At 1.4.24 At 2.4.22 Unre5tricied funds General fund 65,285 195,096 260,381 TOTAL FUNDS 65,285 195.096 260,381 A cuttent year 12 months and prior year 12 months cotnbined net movement in funds, included in th¢ above are as follow5.. Incoming resources Resources expended Movernent in funds Unrestricted funds General fund 217,6?3 122,5271 195,096 TOTAL FUNDS 217,623 (22,5271 195,096 RELATED PARTY DISCLOSURES During the period ended O l Aprs12024, donations of £50.000 {2023 - £50,000) where made by Mr F Ehmer and Mrs R Ehmer, both of which are trusiee5 of lh¢ ¢harity. £115.000 was receEved frorn Ap&x Partners during the year12023 £Nil). Mr F Ehmer is a partner ai Apax Partners as well as being a truste¢ for Henrik's Troopers. Page 10
HeDrik'$ Troopers Detailed Statement of Financial Activiti¢5 for the Year Ended l April 2024 2024 2023 INCOME AND ENDOWMEiYTS Donations and legacies Donations 167.623 50.000 Total incoming resources 167.623 50,000 EXPENDITURE Charhtable activhties Grants to individuals 19.827 Support £o$ts FiDance Bank char(res 65 55 GoverNanee eosts Accountancy and legal fees 1,260 Total resources expended 21,212 1,315 Net income 146,411 48,685 This page does noi fonn part of the statutory fjnancial Statements Pagell