REGISTERED CHARITY NUMBER: 1187991 Report of tbt Tru5ttes and Unaudited Financial Statemtttts for the Yt*r Ended l April 202$ for Htnrik's Trooper5 Harris Lacey and Swain The Riverside Building Hessle Easi YorkshiT¢ HU13 ODZ
HeDrik's Troopèrs Contents of tht Ftnaneigl St¥temettt3 for tht Y¢ar Endtd l April 2025 Page Report of the Trustees lthdeptndent Examiner's Report Stittmtni of Finlntial A¢tLVlties Balance Sheet Note5 to the Financial StatenJellt$ 7 10 10 Detailed Statement of Financhal A¢tivi¢ie5
Henrik's Trooptrs Report of the Trustees for the Year Ended l .4pril 2025 The tru51ee5 pr¢s¢nt their report w'ith the fIJi¢la[ staiements of the charit>. fo>r tht >'ear ended l April 2025. The Iiustees have adopied Iht prOlS1onS of Accounting and Rewrting bj Charilles." Staiement ofRecoTnmended Practic¢ applicable 10 chariti¢s preparing Ih¢ir accounts in accordance with the Financial Reporting Standard applicable in th¢ UK and Republic of Ircland IFRS 10?} Icffeciive l January20191. OBJECTtVES AND ACTIVITIES Obje¢tives and xim5 This organization KNas fonntd in 2020 and ils ObJeiVe is the relief of 5ickn¢5s and pr¢s¢ratiOn of health amortg Lhildien suffcring from Certbral Palsv. providing grttnts tu pzrenis or Ltsrer5 Seeking 10 self- lund children qualifving loi. S¢leciiv¢ Dorsal Rhizoiotny surgeryl Ircaitncnl. including pre and post- operative iherap>' and equipment. Wt all1 to help families who don't have ihe financial mtans or ability io self- fund childr¢n qualifying for Selective Dorsal Rhizolotny. Formed in 2020, the charity's purrM)se is to lieve sickness and pr¢5¢rve heth among children affecied by Cerebra] P215>. This is ach&eved b%. providiiig grants lo parents 01 Lareis who dre sell-.funding Seltclive Dorsal Rhi79tomy ISDRI siirg¢Tr. including associated therapy and equipmeni before and after th¢ op¢rolioD. We airn to supwrt families who do noi have the fiiwicial means to fvnd SDR surgery indepetKltnily. In th¢ LIK. approYimaiel>' l in 400 children is born with a form of Cer¢bral Palsv each yeaT. SDR mav be considered for children whose cerebr Pals) piimaril> aIfccis their lower limbs wilh spasiicity bui minimd we3kness. SDR is a neurosureI procedure aimed at reducing spasiiciry (muscle stiffness) in Lhildren wilh Ctrebral PaisN. Th¢ eondilion itsclf arises from irr¢versibl¢ datnage to the brain occutrirtg before, durin& or shortly after birth. Whil¢ the brain injury doe5 not worsen 0er lime. Ihe resulting rnobilTty challenge£ tan evolve as thl Child wws, often accompanied by pain. lightness. and inCTeased diffieulty walking. The paittrn and severity of niotor itnpairments depend on ihe location and extent of brain injury.. which rnay re5uII in 5PU5ticitw, muscle weakness, or diifieulty coordinating t0¢m¢t Idysiortial. These issues are clas5ifi¢d using lh¢ Gross Motor Fullciion Cla5sili¢alion Syslem IGMFCSI. thhich ranges Iroin Ltvel I Il¢asl s¢v¢r¢l lo L¢e1 V lrnost scNerel. SDR involves severing 5p¢cific n¢TV¢S in the lower spinal cord Ihal contribute to tnuscle 5tiffne$s. thus h¢lping 10 i[nprot movement and mobility. Cotnprehet]sive phvsioih¢rapy before 2nd after the surgLry is ini¢gral lo tli¢ trtaimenr. B¢tore 2019. SDR surgery nor funded by the NFIS. Sinre then. NHS commisstontng has mad¢ SDR available 10 a selcci wup of children. specificalli. Ihos¢ in GMFCS Levels II and ILI. He'ter. childr¢n ID L¢vels I, IV, and V Ivere not inLluded in thL NHS-led clinical studies. d¢spil¢ ¢Trid¢nce thai sutne rna) bcnelii Irom Ihe surg¢r>'. ACHIF.VEMENT AND PERFORMANCE Chriiablt £tiviiies During the >'ear ihe chariry r¢reived applications 10 fund t0 surgeries knth of which w'ere accepted ftsr furtdin> The harity continues io accepi applicaiion5 tor funding on an ongoing basis. Grants will be publicised through specialist surgical t¢atns. who ma). infurtn families ofthis funding option. A w¢b5it¢ is also available for ih(>se researching SDR 5UPFK>rt. Grants are noi paid directly to applicants but arc disbursed lo the hospitals or therapy centres adtnsnisicring the Irealm¢nt. Pag¢ I
Henrik's Trooper5 Report of ttle Trustees for the Year Ended l April 2025 FINANCIAL RE'IEw Princip1 funding 50urttS Related Plrty DilosUre During the p¢riod ended 01 April 2025. donaiions of £50.QOO 12024_ £iQ,0001 wh¢re made by Mr F Elllrter and Mrs R Ehtner, both of ivhi¢h ar¢ irusiees of the charity. £50,000 was received from Ap&x Partners during the year12023 - £1 li,OOQI. F Ehmer is a partner ai Apax Partners as w¢ll as being a trust¢¢ for Henrik's Troopr5. Restrves policy Th¢ Trustees aim 10 carry such reserves as enables ihem 10 laciliiat¢ operations for all who nttd their help. The charity. 5 oDgoing administration cosi will be lo/0 funded by RiDa and FT2nk Ehmer. Consequenily. IOOQ/o of dvnationg will go toivards providing grants. Th¢ wst of a sureery ai iht PortlaThl Hospital is U7,000 h1¢h includes the cost of the surgery, l N'ttk of inpati¢ni Iphjsio Iwice dail] and then ? weeks of outpatieni ph>'sio twice daily and the follow ups al 6, 12 and 24 monik%. The charity hold enou funds in reserve to Cover this expense should iho" be r¢quir&J to. The Chariiies r¢serv¢ policy is therefgre lo hold a minimum o1-£37,000 in reserve io cov¢r th¢ cost of a surgery should they b¢ required. The level olfree funds available in (he charity is currently £310,80212023.. £260,381). FUTURE PL4NS The charity was founded follo ing the personal expLrience of the toundtrs. 'hOSe son Henrik under'cl SDR. Ai Ihe lim¢. th¢ procedure was not NHS-liinded, and (he high costs und¢rswred the fi[nCIal batritrs faced bN rnan tamilies. This experience inspired a comtnitment lo supwrt others in similar situaiions. STRUCTURE, GON'EtWANCE AND MANAGEMENT Governing docurnent 'fhe LharitTr 19 eonirollcd bN lis governing docutn¢nl. a deed of tr1 and consriiu1¢5 unincortN)rai¢d charity. Org2nis¥tion415tru¢ture The Organi5ation m.ill lak¢ a leEtsI forni of Charitable Incorporated OTgani5aiion I'CIO") who's onl>. voiing members are its Ghariry tru$iees. The Organisxtion will be govtmed by a board of 3 Trustees; Rina Ehffler Philip Muelder Frank Fhtn¢T Th¢ day lo day operation of ihe Organisaiion will be done by Rina Ehm¢T. Ai this stage there is no nea tor any further staffjng. The organisaiion will be based and operated out 01. 13 Clareville GTOV¢. London. SW7 SAU. Ai this $tage there is no need for any other pretnis¢s. Ittdu¢tion and training of new trustees Th¢ Trusteesl Funding Lommiiiee lakes no view on whether a ¢hild qualifies or noi qualities for ihe 5urgeryl Ir¢atment. That dccision is made bv th¢ sp¢cialist surgeon and their ieajn. The TTUSi¢¢sI Funding committee rely on the surgeon s r¢cotntn¢ndation 10 perform or noi perfortn th¢ surg¢r)'I treatsnenl. There is no pr¢*xi5ting relationship between the Trusree5 and th¢ #pplic8ni$. Page 2
HÈnrik'$ Troopers Report of the Tru5tte5 for the Ytxr Ettdtd 1 .4pril 2025 STRUCTLRE, GOVERNANCE AND MANACEMENT Mlrktting Strategy and Grant Funding 'rhe grants will initially be marketed through specialist surgeons. who .111 be empoiver¢d lo mention lo families this alternaiii't for funding. Dr Kristian Aquilina 'hO 15 th¢ 5UTgeon that pertorms Ihis surgery at Greai Ormond Street Hospital and Ihe Ponland Hospital has alreadj aged to do so. The idea is io broad¢n ihis rnarkeiing basis ov¢r lime. The tiinding for the granis will not b¢ made diT¢cII)" to the applicarti. bui direcilv io th¢ hospltal. organisation andjor therapy tenter where the SgtryI Irtaitnen( is being performed. REFERENCE AND ADIMINISTRATIVE DETAIIS Registered Charity ttumber 1187991 Principil Addre55 13 Clar¢vill¢ Gro¢ Lottdon SW7 SAU Trustee5 Mrs R Ehmer Chair Mr F Ehmer Trusiee Mr P Ehtn¢r Trust¢e Independtnt Examiller HaTris Lacey and Swain The Riverside Building Easi Yorkshire HU13 ODZ AppToied bj order of the of trusiees on 30th Jun¢ 2025 and signed on its behalf by.. Mr$ R Ehmer- Trusiec Page 3
Jnd¢p¢Ddent Ei#mirttr's Rtport to the Trustees of Htllrik's Troopers IAdepeDdent examiner's report lo the trusttès of Héttrik's Trooptrs reFx)ii to ihe charit), trustees on tny cxamin8tion ol. the aLcounis ot. HenriW5 Troopers Iihe Trust) for the year ended l April 2025. Responsibilillts and b*si5 of report As the charl. tru51¢es of ihe 'frust you ar¢ r¢5PODSible for the PTeparalion ol the accounts In accordanct %4'ith the r¢quiTetnents of the Charities Aci 2011 I'the Aci'l. I rewn in respect of tny exatnination of th¢ Tr11,8 accounts carried out under Section 14) of the Act and in carr)"ing out my Lxaminaiion I have to110ed all applicable DIrlon$ giN'en by the Charity Commission der Seciion 14515llbl of th¢ Act. Independent examiner's statemtnt I have completed my examination. l eonfjrm thai no material tnatt¢r5 hav¢ corn¢ to mv aitentivn in conne¢iion with Ihe examinaiion giving nie caus¢ lo b¢liee that in any tnalerial Tespeet.. acc4)uniing records were not kept in r¢sp¢ct of the TTUSt as required by Section 130 of ihe Act., or the acL(Trunts' do noi accord with those records.. or ihe accounts do not coillply ivtth tli¢ applicable requiretnents conccrning thc form and conttni ot'accounts sei out in the Charitl¢5 IActounlS and RetM)rtsl Regulaiions 2008 other than anv requirement that th¢ accouDts gil'e a true and fair vi¢w which is noi a mall¢r consid¢r¢d as Fyart of an indendent examination. I hat no concems and hake come across no other matters in connerlion w'ith th¢ exatnitfdlion to ivhich aiteniion should be drawTr in this Tert in order to enable a proper understanding of the accoun¢8 to be r¢ach¢d. Rich2rd D tacey Harris Lacey and Swain Thc Riverside Building Hessle East Yorkshire HIJ13 ODZ Date.. Page 4
Henrik's Troopers Statement of FinaDci#l Activities for the Year Endtd l April 2025 202) Unrestricted 2024 Total funds Notes INCOME AND ENDOWMENTS FROM Donation$ and legacies 102.000 167.623 EXPEYDITURE or4 Charitable ietivitie5 Surgerie8 50,133 19.827 Other 1.446 ,385 Total 51,579 21,212 NET INCOME 50,421 146.41 RECONCILIATION OF FUNDS 'lolal fuDd% brought forward 260,381 13.970 TOTAL FUNDS CARRIED FORWARD 310.802 260.381 Th¢ Dtries fom) part of these fjnancial statements Page S
Henrik's Trooptr5 Balance Sheel l April 2025 2025 2024 Total funds UtLTestricied fid Notes CURRENT ASSETS Cash ai bank 312,188 261,701 CREDITORS Amounts talling due within one year 11.3861 11,3201 NET CURRENT ASSETS 310,802 260,381 TOTAL ASSETS LESS CURRENT LIABILITIES 3 IQ,802 260,381 NET ASSETS 310.802 260,381 FUNDS Urll'estricied twids 310.802 260,381 TOTAL FUNDS 310.802 ?60.381 The financial siat¢rn¢nis w¢r¢ approved by the Board of Trustee8 and authoris¢d for i$5ue 30th June 2025 and weie signed on its behalf by.. on Mts R Ehmer- Trusiee The tN)ies form part of ihese finallcial stai¢m¢nts Page 6
Hellrik's Trooper5 Notes to the Finxntial Statements for the Yeir Ended l April 2025 ACCObNTING POLICIES Bgsis of preparing the financial Statements The financial stui¢tnenES of the Lharify. ilhich is a public benetii entiry und¢T FRS 102. haTr¢ been prepared in 3ccordance i%'ith Ihe Charities SORP IFRS 1021 'Accounting and Rewrling bj Chariiies.. Siaiemtni ol- R¢comm¢nd¢d Practice applicable to chaTilics preparing (heir accounis in accordance Th'ith the Finanrial Reporting Standard dppIiLablc in Ihe UK and Republic of Irelund IFRS 1021 leffective l Janvar) 20191,. Financial Rewrting SiandaTd 102 The FinanLial Rewrling Standard applicable in the UK and R¢publi¢ of Ireland, and the Chaiities Aet 2011. The financial siatemenls hav¢ been prepared under the hisioiical cost conv¢ntion. Critit#l *ctollnting judgemtnts and key sources of e$timation unttrt#inty Lsliniates and judgements are continuall) evalualcd and are based on hisiorical ¢xperi¢nc¢ and otr factOT$. including expectsiions of fuiurc ci'enis thai are belIe"¢d to be reasonable under the cireurn5tances. Alihough these esiimates based on lh¢ DiTeL10, besi kno¥sledge ol the nOun[. evenis or actions. aclual result$ uliitnalel! differ fiom these esiimaitt. The Directors do no>1 consider there lo be anv material esiimaies and judgemenis. XM¢omt Incorn¢ re¢eiv¢d for seTrices Provid is accounted foron an accrua15 ba51S. Cash doiiation5, gifts dtMI legaeies are included in full in Iht incorne and expenditure account as Ihey are ectivtd. Any signifieani non-cash donations ar¢ included in the income and expendiiure accouni at th¢ trusl¢¢5' ¢5timate of their m3rk¢l Val 'hen received. The valuc of volunrary help 15 not included in the accounis. Expenditure LiabilitiLs are recognised as expenditu as soon a5 there ig a legal tsr conrUctIVe obligaiion committing the charity io thai expendiiur¢. it is prob2ble thai a transfer of tconomic ben¢fits will be required it) getilemeni and Ihe amount ot'the obligation can be measured reliabl>'. Expenditure ig acLouni¢d lor on an accruals basis and has been classified uiider headings that aggregate a]1 cost related ro the categorv. Wh¢re costs Lannot be direcilv aiiribuied to pantcular headings the). huv¢ been alloeat¢d io activities on a basÉs consistent with th¢ use of resources. CJTanLS nfteTed %uhject i(> cDndilil)n% which have nnr been ma al th¢ y¢ar end date 8Te noied as a conmiitmeni but noi accrued as expenditure. TaAation The charitv is exetnpt frotn on it$ thIlable aciiiiiies. a¢¢ounting UnTe5tricted funds can be used in accordance with the charitable objectives at Ihe discretion of ihe Irusie£s. R¢stri¢led tunds can only be used lor particular resiricted purposes within the objects of iht chariry. Restriction8 aTise when specified b! the donor or when funds are raised for panicular restricted purp05¢S. FurthLr explanation of the natUTe and purpgse of each fund is included in ihe noie5 10 the financial stst¢tnenlS. Finkllti#l itkstrumtnts The compans onlv has fitwiti21 assets and fjnancial liabilities of a kind that qualify. as basit financial instrurncnts. Basic financial tnslrumenis. including irade and other dcbiors and creditors are initially r¢cogni5ed ai IranSaOn yU¢ and subsequently tneasured at their sL>ttlemet]i value. Page 7 coniinued...
Hebrik's Troopers Notes to the FinancTal Statements- tothtinued for the Year Ended l April Z025 TRU5TEES' REMUNETL4TION AND BENEFITS There were no trust¢¢s' remuneration or other b¢n¢tits for th¢ year end¢d l April 2025 nor for Ihe )"ear tnded April 2024. TTu5tees' expenses There Th'¢Te no trus¢¢es' ¢xpense5 paid for the year ended l April 20?5 mr for the year ended l April 2024. COMPARATIVES FOR THE STATEMENT OF FINANCIALACTIvrriES Uttresiricitd Fund INCOME AND ENDOWMENTS FROM Donations and LegaLie5 167,623 EXPENDITURE ON Support Costs 1.385 Chgritable llctivitit$ Surgeries 19.827 Totsl 21.212 NET ITrICOME 146.411 RECONCILIATION OF FUNDS Total funds brought forward 113,970 TOTAL FUNDS CARRIED FORWARD 260.381 CREDITORS: Ai¥iouiYfs FALLING DUE WITHIN ONE YEAR 202) 2024 Other creditors 1,386 1.320 movEIE1¥T IIY FUNDS Net movemeni in fund5 At 1.4.?5 At 2.4.24 Unrestricted funds General fund 260,381 50,421 310.802 TOTAL FUNDS 260.381 50,421 310.802 Page 8 onlinued..
Henrik'5 Troopers Notes to the FinAncial Siatements- continued for the Year Ended l April 2025 MOVEMEI¥¥T IN FUNDS- contiknutd Net rnov¢Tnent in funds, included in the above are as follows.. Incoming resouices R¢sour¢e5 cxpended Movement in fijnds Unrestritttd futtds General fiind 102,000 151.5791 50,421 TOTAL FLINDS 102,000 151,5791 iO,421 Comparatives for movement funds Nei tnovement in funds At 2.4.23 .4.24 Unre5tricttd funds General fund 113,970 146,411 260.381 TOTAL FUNDS 113.970 146,411 260.381 Comparattve n¢t movetnenl in funds. included in the aLNJve are as follows= Incoming resources Resources expended Moietneni in tiinds Unrtstritted funds Genttal fund 167,623 TOTAL FUNDS 167.623 146.411 A curreni ytar 12 months and prior year 12 months ¢ombined position is &$ follows.. Ner moTrement in funds At 2.4.23 1.4.25 Unrt$¢rict¢d funds General fund 113.970 196,832 310.802 TOTAL FUNDS 113.970 196.832 310.802 Page 9 coniittued...
Henrik'5 Troopers Notes to the Finntil St*ttmtthts- tontinued for tht Tr'ear Ended l April 2025 MOVEMENT IN FUNDS- tontinued A current year 12 rnonths and prior vear 12 rnonths combined net movemeni in funds included in the above are as lolloivs-. Incoming T¢sources Resources expended Movetnenl in funds Unr¢5tricted fuDds G¢neral fund 269,6?3 172.7911 196.832 TOTAL FUNDS 269.623 172.7911 196.832 RELATED PARTY DISCLOSURES Dtsring ihe period ended 01 April 2025. donaiions of £50.00012024- £50,000) wh¢rc made by Mr F EhmeT atKi Mrs R Ehmer. knth of which are tru51¢¢5 Ot th¢ charity. £50.000 was r¢ceiv¢d from Apax Foundation during the year12023 £115,0001. Mr F Ehm¢r is a partner ai Apax Partners as well as being a Irustet for Henrik's Troopers. Page 10
Henrik'5 Troopers Detailtd Statement of FiDan¢ial Activitie5 for th¢ Year Ended l April 2025 2025 2024 INCOME AND ENDOWMEIYTS DollAtIODS and legY4eies Donaiions 102.000 167,623 Total inCOmTng resourtes 102.000 167.623 EXPENDITURE Charitable xctivitits Grants lo individiials 50,133 19.827 Support costs Financt Bank. charges 60 65 Governante costs Accountancy and legaj f¢¢s 1,386 ,320 Total resources expend¢d 51,)79 21,212 Net income 50.421 146.41 Thi5 page doe5 not form part of the staiuiory. financial statements Page 11