Charity regisbation niiinber.. 1189151
WMVS Children in Care Foundation CIO
Annual Report and Finan¢ial Statements
for the Year Ended 5 April 2024
WMVS
r.hildren in Care

WMVS Children in Care Foundation CIO
Contents
Reference and Admiiilstrat￿vC Details
Trustees, Report
2to5
Independent Examine15 Report
Statement of FinancEal Activities
Balance Sheet
Notes to the Financial Statements
9t0 16

WMVS Children in Care Foundation CIO
Reference and Administrative Details
Chair
M Stiles
Trustee5
M Stiles
S BurnagE
J Chick
L Gill
J Green
J Kelly
D Moorey
A Oliver-Adams
S RiveTS
M Salter
L M Siniih
E Thomas
A R Wiight
1189151
Charlty Registration Number
Principal Office
clo Office Suite I Shi'ieves Walk
Stratford-upon-Avo
Wai'wickshire
CV37 6GJ
Independent Examiner
CBSL Accountants Limited
Chartered Accountant
Rowan House North
The Professional Quaitci.
Shiewsbury Business Park
Shi'ewsbury
Shi'tspshiye
SY2 6LG
Page I

WMVS Children in CAre Foundation CIO
Truste¢s' Report
The trustees present the annual r¢port togeiher witli the financial Statements of the charity for the year cnded 5
Apj'il 2024.
Structure? governance and management
Nuliire ofgovgriiiiig doeiiiiiepil
The charity was registei'ed with tl)e Charity Commission as a charitable incorpoi7ted organisation on 21 April
2020 and is govemed according to its constitution.
The meinbers of th¢ Charity have no liability to contribute to the Charity's assets if the CIO is wound up and
have no personal IEsponsibility for settling its d¢bts and liabÉlities.
Recriiilnienl oiid llppoliiiiiieiil oflriislees
As set out in the constitution, there musi be at least five Charity Ti'ustees. At every annual general meeting of
the Inembers, one third of the Trustees shall retllr fi.osn office bui will be eligible for reappoinknnent.
Each new T&'ustee will Teceive a copy of the Consti￿ti1)n and the latest annual report and statement of accounts
prior to tlieir appointinent.
Truste¢5 alld offieeT5
The trustces and officers serving during the year and since the year end were as follows:
Trustees..
M Stiles (appointed 17 Ociobei. 2023)
S Biiinage (appointed 12 De¢¢inber 2023)
J Chick (appointed 12 DecembET 2023)
L Gill (appointed l April 2024)
J Giren {appofftted 12 December 2023)
J Kelly
A Lawrence (resigned I l October 2023)
D Moorey
A Olivei'_Adains
S RiveT5
M Salter
L M Sinith
E Thoma5 (appointed 18 July 2023)
A R Wright
Page 2

WMVS Children in Care Foundation CIO
Trustees, Report (continued)
Objeetives and activities
Objecls ftiF115
The object{s) Df the CIO aie..
l. to act as a resouire for young people within the public care systeTn across (but ntst excliisively) the West
Midlands legion including (but witl)out liinitatioii) by providing advice and assistance and orgajiising
educational prograinmes and otlier atlivities as a means of..
(a) advancing ui life and helping young people within tho public cal'e system by developing their skills,
capacities and capabilitEes to enllble theill to participate iii society as ￿depeTrdellt. Inature lind r¢%pnn8ible
individuals.
(b) advancing education by pi'oviding ttccess to an extended educational pi'ogramme, educational tastei. sessions
and activities. including (but not exclusively) arts and cultural activitie5. and
(¢) providing support, training and personal development opportunitRES lo build aspirations and develop the
iELdependen¢e and entrepreneurship of young people.
2. the proinotion of social inclusion lor the public benefit ainong5t young people who 2re within, or have
experienced the public ¢ai'e systtm, who are socially excluded by (but without limitation)..
(a) helping 50¢ially excluded peoplc ovcrcoine inequality and disadvantage arising as a Tesult of those people
being in, or having expcricnccd, thc public care system,. alld
(b) promoting equality of apportynitics by pi"oviding the young people with educational opportuTrities to allow
them to have the same chances to obtain qwdlifitations and have successful future careers as those that are not in
or expeiienced the publi¢ care system.
"Socially excluded meaning being excluded from society, or parts of so¢iety. as a r¢sulÉ of being within the
public c&re system.
Objecllves, slrulegles fiiid ¢icliviligs
The Charity was established to enabl¢ children in eare and care leavers to pursue their wider curricular interests
and ainbitions. Trustees are coinniitted to offei'ing a prog1'art￿¢ that actively pron)otes and suppoi'ls the
ediiLRtion of children that are, or who have been, in care to one of the fourteen West Midlands local authoriiies.
ensuring ihat our progra]niJes. events and activities are accessible to all oui. childr¢n and yoiing people
JEgardless of whtre they reside.
The WMVS Cic Foundation supports in excess of I 1,000 caie expei'ienced childi'en plld young people, their
corers, paiEnts And families and links closely with many groupsi agencies, whool and so¢ial tare professionals.
There is an arts, eultui'al opportunities, 5POIt and education support dimension to the cha¥ity'5 offer. Tlie aim is
to opcn up n¢w opporrunities to childien care and raise their awareness of exciting and som¢tiines daunting
opportunities th3t they have not experieiiced before.
The arts progrnmime, via local coordinatoi's, supports the 14 West Midlands Virtual Schools to work together to
develop a Itgional arts and cultural offer foi. all ehildi'en and young people in care, theÈr cai'ers and foster
familie5 acr05S the l'egion. The pt'ograinine includes singing projects, theatre visits, photogiaphy, aniination,
video recording and music production. There has also been a seiies of workshops with profe￿I0nal presenters
followed by a Q and A se5SiOD
fociising on training and .job opportunities.
introduction to TV actiThg,
mak¢-up aTEd PTosihEtics. nail art, behind-the-sceiies camei'a fibn, driiiDming and DJ WDrkshop5. The theatre
V15its to Hainiltun and the Wizard of Oz also included a post perfomiance meeting the cast and crew
opportunity.
Page 3

WMVS Children in Care Foundation CIO
Trustees, Report (continued)
Objeetivcs, stralegaes and activltles (continued)
Working in partnership with sports profession&ls fi'oin across the region, WMVS Children in Care f4oundation is
delivei.ing spoitiiig events and workshops that Spark an iiiterest ii) sport and physical activity, to develop the
lifelong skills embedded within young people.
In June 2023, WMVS Cic Foundation hosted its second annual conference, which i(x)k place live it]
Birniirtghain, and included updates on the Aits, Sports and Le￿i.￿￿8 prograi#ines and netwoi'king workshops
that addressed oppoi'tunities suj'i'ounding tile support of scliools and, particularly, Children in cair. The event
liosted keynote speaker Mark Finnis and workshops led by each of tlie fouileen local aiithorities.
In July 2023, WMVS Cic Foundation held its fiiEt de5ignatEd ttachei'5 conference in Fliiiningham. Kcyt)otc
speakers were Andy and Matt Sinith froin Smash Life and Louise BlackbuTn from Challenging Education.
There wa5 a150 a pei'foi'inance led by yoiing people and Vainos Theatre during the conference.
NoveTnber 2023. Woinen & Theatre held a final celebration by 5howca5ing the filin premiere of their work
with young people across the region.
In th¢ yeai, the Trustees also ￿ntrod￿ced the Arts Mark scheme tg 5¢Yeral selected schDols, with support from
onsultattt5 fatniliar with the progi'amme.
Publlc beiiefil
WNIVS Ctc Foundation aiills to improvE educational outcoines for care experienced children by working with
our partners and commissioning training to ensure that the educational needs of looked after and previously
looked after children are better uDderstood across the West Midlands region.
The trustees coiifirin that they have complied with the requireineiits of section 17 of the Charities Act 2011 to
have due i'egard tD the pllblic benefit guidance published by the CharEty Coinmission for Englalld and Wales.
Financi31 reyieiv
The Charity iyceived grants fro7￿ the University of Wolverhainpton Soc5al Enterpi'ises of £11,500 (2023
£58,250) to deliver the Arts Conneti programine. Subscrsptions of £160,295 (2023 £115,293) were i'eceived
fi'otn Local Authoi'ities within th¢ West Midlands l'egion to deliver the prograini￿¢ of Arts, Cultural Bv¢nts,
Sports, Annual Confeience 8nd Woi'kshops.
In addition the Charity held the De5ignaied Teachers, Conference generating ineome of £63,000 (2023 - £nil).
During the year the Charity incurTed expenditure of £262,J47 {2023 £189,343), of which £224,601 {2023
£134,416) related to directly delivering its charitable activities through the prograsnme of Arts, Cultui'al. Sport
and Educational Events and its confri'ences.
As at 5 April 2024 the Charity had unrestricted reserves of £80,951 (2023 - £107,682}.
Policy oil reserves
The Trustees recogni5e the need for a reason8ble level of finoncial reserves in order to pi'otect the Charity from
the 5)ossibility of any adverse or unforeseen cii'cuinstan¢es that could arise.
Uni'estricted reserves at 5 April 2024 enable the Charity to contittue to deliver its chai'itable activites for at Isast
a further 12 Inonths in the event that ihei'e was a sigllificant drop in income. The Ti'ustees are taking 8ppropriate
stcps over the next financial year to maintain the level of these rESerV￿ tD Ineet the future needs of the Chai'ity.
Page 4

W￿s Children in Care fioundatlon CIO
Tru5tees' Report (¢ontillued)
Statement of Trllatees, Rtsponslbllltle$
Tlie ti'uslees air re51)oiisible for i)rcparing tbe tni$tees' Yeport and the finarLC5al stat¢m¢LIts in accoxdaiice with the
United Kingdon) Accounting Standards (United Kingdom G¢Ji¢rally Accepted A¢wunting Praotice) and
applicable law and regulatio1￿.
Thc law applicable to charities requires the tt'u5te¢s to prepare fiiiallcial statement$ foi. each th)ancial year wliich
give a true atsd fail. view of the 5ts¢¢ of affairs of the ehajity ond af the iucomhng Tesourccs and api)lication of
resources of the Gharity for that period. In PL¢pariiig Ih¢se fthnancial statements, t1￿ trust¢cs are IrquiLed tD'.
selECt Suitable acwunÈing poliGiES and th￿1 apply them ¢oi)sist¢ntly,'
observe the mcthods and principle5 In the Cha¥i¢ies SORP.,
make judgemellts and esti]nate5 that ar¢ reasonable and prudcnt.
state whether applicable a¢coullting standards h&v6 beett followcd, subject to any i)Jat¢rial depaitL)res
disclosed aiid explaiiied in the finan¢iiil StateIn￿)I5- and
pi'epare the finanoial 51at¢ments on the going contenj b&sis uiiless it is inappropriate lo presume that the
charity will ¢oJJtimie in ￿lSiness.
Tlie ttustees are reSpO2￿]ble for keeping pi'oper accouDtiMg records that disclosc with r¢ason3bl¢ accvracy at ￿lY
time the finai)cial positioii of the charity and enable them to ￿lSUre that the fitiancial statenieiits ¢oii)ply with the
Chaj'ities A¢t 2011, the Charities IA¢counts and RepoTls} Rttgulations 2008, and the piovision$ of tb¢
constitution. The tFUStees ai'¢ also responsible for safeguarding the assets of th¢ charity and hence for taking
reasollable steps for the pr¢venlioD and detection of fraud and other inEgutarities.
Th¢ trnstees arc T6SPt>115ible for the m&iiiteoance integrity of the cotpordte and flnancial it]fotmalio
InCl￿ded on the charitable ¢ompany's website. Legislation goveiThing th¢ prcpaTatJon and dissemination of
financial statements i1￿Y diffcr from legislation IEI other jurisdictions.
The aijnual reptkrt was approved by the trustees of the chaiity on.11
. and signed on its behalf by..
M Stiles
Chairn)8n aiid trustee
Page 5

WMVS Children in Care Foundation CIO
Independenl Examiner's Report to the trustees of WMVS Children in Care fl oundation
cio
I rcport to the trustees on Iny ex￿￿EnatIOft of the accounts of WMVS Children in Care Foundation CIO for Ilie
year cndcd 5 April 2024.
Responsibilltles and basis of report
As the chai'ity trustees of WMVS Children in Cal'e Foundation CIO you are responsible foi. the preparatioll of
the accounts aeeordance with the TrquiJEn3ettts of she ChaTlties Act 2011 ('the Act,).
l i'¢￿rt in respect of iny examination of the WMVS Children in Cair Foundation CIO'S accounts carried out
Linder section 145 of the 2011 Act and in cariying out my exaininalion I have followed all the applicable
Directions given by the Charity Cuininission under section 145{5)(b) of the Act.
Independent examiiier'5 5tatenLtfftt
I have completed my exainination. I confinn that no material inatters have come to my attention in connect50n
with the exaTnination giving me cause to believe that in aiiy Inaterial respect..
l. accounting records were not kep( in respect of WMVS Children in Care Foundation CIO as required by
sect&on 130 of the Act- oi.
2. the accounts do not accord with Ehose re¢oi'ds- or
3. the accounts do not comply with thc accounting requirements concerning the forin and ¢ollterEt of dLCOUiIts
set out in the CharitlE5 (Accounts and Rcporisl Regulatioiis 2008 other than any requir¢ment that the
accounts give a 'trlle and fail. view which is not a matter considered as part of an independent
examinatio￿.
I have no con¢erns and have acj'oss no othei. Inattei's in contlection with tl)e examination to which attention
should be dTawn in this report in ojder to ellable a proper w]der5tanding of the accollnts to be reached.
LJOsscL
h4rs L J Osselton FCA
Chartered Accountant
ICAEW
Rowan Hollse North
l The Prafc.%sional Quarter
Shrew8hury Bus¥ness Park
Shrew.%hury
ShrDpshire
SY2 6LG
Dale:..
Page 6

WMVS Children in Care fioulldation CIO
Statement of Financial Activiti¢s for the Year Ended 5 April 2024
Uiiresti'icled
fun(Js
Total
2024
Note
Income and Endowments frorn..
Donatioiis. legacies and grants
Charitable activities
Investment incoine
11,500
223.295
823
11,500
223.295
823
Total income
235,618
235,618
Expenditure on:
Chai'itabl¢ g¢tivitses
1262,347)
(262,347)
Total expenditure
Net expenditure
Net moveinent in fvnds
262,347
{262,347)
26,729
(26,729)
{26,729}
{26,729)
Reeonciliation of funds
Total funds brought forward
107,682
107,682
Tolal funds carried forward
15
80,953
Unj'estrieted
fulld5
80,953
Total
2023
Note
Income and Endowments from.,
Donations. legacies and L￿ants
Chai'itable activities
InvesttnEnt kThcorne
58,250
115,293
240
58,250
115.293
240
Total income
173,783
173,783
Expenditure on:
Chariiable activitie$
189,343)
(189,343)
Total expenditUi'E
Net expendi￿re
Net inoveinent in funds
189,343)
189,343}
(15,560
115,560)
(15,5601
(15,560)
Reconciliation offunds
Total funds brought forward
123.242
123,242
Total funds carried forward
107,682
107,682
All of the Charity's activities derive from coiitinuing operations dui'ing the above two periods.
The fiinds bre&kdown for 2023 is shown in note 15.
The notes on pages 9 to 16 form an integral part of these financial stfttemcnts.
Page 7

WMVS Children Care Foundgtion CIO
{Registi'ation iiumber: 1189151}
Balauce Sheet as at 5 April 2024
2024
2023
Note
Current aS5et5
Debtors
Casli at baT]k atmt in hand
12
13
38,321
183,050
101.770
234,S28
221,371
336.298
Credltors: Amoiints falling due iyithln on¢ year
14
{140,418)
(228,616
Net a$sets
80,953
107,682
Fuiids of the charity:
UEl1'￿trIcttd income fiinds
Unrestricted fimds
80,953
107,682
Totxl funds
15
80.953
107.682
Th fi ancial statements on pages 7 to 16 were approv¢d by the trust¢es, and authorised for iswe
M Siile$
Chairnian 2nd twstee
Th¢ Dotes on pagcs 9 to 16 fonn att iiitegtal parl of these finatscial statei)J¢nts.
p￿¢8

WMVS Children in Care Foundation CIO
Notes to the Financial Statements for the Year Li nded 5 AprAI 2024
l Aecouiiting polleies
Stalernent of eompliaiice
The financial statements have been piEpa￿d in ttecoi'dance with the second edition of the Ch8riti¢s Statement of
Recommended Practice i55ued in October 2019, the Financial Reporting Standard applic3ble in the United
Kingdom and R¢public of Ireland (FRS 102) and the Charities A¢1 2011.
Basis of prep2rgtion
WMVS Children in Care I,oiindation CIO mccts the definition of a public benefit entity undei. FRS 102. The
accollThts (financial statem¢nts) have been prepared under the historical cost convention with iteins recggnised at
cost or transaction value unles5 Otherwise stated in the relevant note(s) to these aceounts.
Going concern
The ti'ustees cortsider that there are no material uncertainties About the charitys ability to continue as a going
concei'n.
llleo]ne and endoivments
Voluntaiy income including donations, gifts, legacies granis that provide coj'e ￿ndIng or are of a general
nature is recognised when the charity has entiileinent to the income, it is probable thai the income will be
received and the amount can be m¢asured with Sufficient reliability.
Groilts ree*lvftbl£
Grants are recognised M,hen the charity has an entitleinent to the filnds and any Conditions linked to the grants
have been met. IlThere pcyforinartcc conditions are attached to the grant and are yet to be inet, the incoine is
recowised a5 a liability and included on the balance sheet as deferred incoine to be released.
DeAerr¢d liieoiiie
Deferred ti)¢ome Irpresents amounts received for future pei'iods and is iEleasEd to incoining resour¢es Èn the
period for which, it has been recetved. Such incoine is only deferred when-.
The donor specifies that the grant oi. donatiot) Jnust only be used in futiii'e accounting pei'iods,. oi.
Th¢ donor has imposed ¢onditions which Inust be Inet before the charity has unconditional entitl¢met)t.
CIIuTilftble rteilviiles
In¢oitte from chai'itable activities is I'ecognised when the charity bEcomes tntitled to tlie resources, the trustees
are virtually certain they will receive the resouTC£S and the mon¢tary value can be measured with sufficient
Expenditur¢
All expendiiure is recognised once there is a legal or constructive obligatioii to ihat expenditU2e, it is probable
settlement is r¢quired and the ainount can be measured reliably. All costs are allocated to the applitable
expenditure heading that a2gregate similbr ¢i)sts to that categaiy. Where cos(s cansiot be directly attribiited to
particular headings they hEtve been allocated ot) a basi5 cOnS￿8tcnt with the use of reSoU￿es, with central staff
costs allocated on the basis of time spent. and depreciation charges all0¢gted on the portion of the asset's use.
Other 5UPPOrt Costs are allocated based on the spread of staff CLlSts.
Page 9

WMVS Children in Care Foun(lation CIO
Note5 to the Financial Statements for the Ycar Ended 5 April 2024 (continued)
Charitable expendithre compi'ises those costs incurred by the chai'ity in the delivery of its a¢tivitie5 and services
for its beneficiaries. It includes both costs thai can be allocated dii'ectly to such activities and those costs of an
indkrect nature necessary to suppoit them.
Gr(iiilprovisioiis
ProvisiorÈs foi. g17nts aiE made when the intention to make a grant has been coinmunicated to the recipient but
there is un¢ertaiiity llbout eiihei. the tiiniiig of the grant or the ainouni of grant payable.
Support Costs
S¥ppoit costs include central functiODS and have been allocated to a¢tiviry Cost categories on a basis consigtent
with the use of resources.
CovernaD¢e cost5
These incliide the cos15 attributable to the chai'Éty's compliance with constitutional and statiitory requireinents,
including audit, sti'ategic m&nagcment and truslees meetsngs and ieiinbur5ed expenses.
Tux¥tion
Th¢ charity is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 201 O and
therefoi'e it ineets the definitign of a charitable company for UK corpoiatiOD tax purposes. Accordingly, the
charity ss potentially ex¢inpt froTll taxation in I'espect of incoine or capital gains received within ¢at¢gories
covered by Chapter 3 Part I l of the Corporatioii Tax Act 2010 or Section 256 of the Taxation of Chargeable
Gains Act 1992, to the extent that such ￿COme or gains are applied exclusively to charitable purposes.
Fund Structure
Unresti'icted income funds are general funds that ale available foi. use at the trustees discTetion in furtherance of
the objectives of the charity.
Designated funds are unrestricted funds set aside for specific purposes at the discretion of the tTUStees.
Page 10

WMVS Children in Care Foundation CIO
Notes to the Finaneial Staten]ents for the Year Ended 5 April 2024 (continued)
2 Incom¢ frotn donations and legacies
Unrestrieted
funds
General
Total
fllr]d5
Gi'ants, including capital gratjts.
Grants froix othcr chariti¢5
11,500
11.500
Total for 2024
11,500
11,500
Total for 2023
58,250
58,250
The Chai'ity I'eceived £11.500 (2023 £58,250) froin the University of Wolverhainpton Arts Connect
Prograinme.
3 Inconie from charitable gCtiVLties
Unrestricted
funds
GellerAI
Total
2024
Total
2023
Subs¢riptiorkS income froin Virtual Schools for
com]nissioned ai'ts, cultural and sports activities
Conference incoine
160,295
63,000
160,295
63,000
115,293
223,295
223,295
115.293
4 Inveslmenl incomt
Umrestrieted
funds
General
Total
2024
Total
2023
Interest receivable and similar incon)e,'
Enterest receivable on bank deposits
823
823
240
Pagell

WMVS Children in Care Foundation CIO
Notes to the Financial Statements for the Year Et llded 5 April 2024 (continued)
S Expenditure on charitgble 8etlvllies
Uiii'estrieted
funds
Geiieral
Total
2024
Total
2023
Note
Delivery of arts, culttiial & sports
actiVLties
Gi'ant funding of activi(ies
Allocated support costs
Governance costs
224,601
1,050
19,581
224,601
1.050
19,581
17,115
134,416
4,200
34,063
16,664
189,242
262,347
262,347
Expenditure on Ch￿.1t￿ble activities is analysed as follows..
Uni'¢stri¢ted
runiys
General
Total
2024
Total
2023
Arts programme
Art5 coordination
Sports programme
Sports coordination
Creating Chance5
Anniial Confei'ence
Women artd Theatre project
Designated Teacher Confei'ence
22,120
35,000
15,921
22,917
188
32,439
50,000
46,016
22,120
35,000
15,921
22,917
188
32,439
50,000
46,016
23,168
32,458
4,981
24,790
1,949
27.070
20,000
224,601
224,601
134,416
Page 12

WMVS Children in Care fioundation CIO
Notes to the Flnaneial Statements for the Year Ended 5 April 2024 (continued)
6 Analysis of governance and support Costs
Alloclltcd support costs
Unrestrieted
funds
G¢nerAI
Total
2024
Total
2023
Basis of ¥lloeation
i 0￿/.
Trainin& cothf¢rence and events
Mai.keting and website costs
ComInunications costs
CoiisultatLCy fees re Arts Mark
Finance and admlninstration
Accounlancy fees
Insurance
Bank charge5
13,745
3,091
14.854
2,445
11,969
700
1,678
2,400
373
16
2,445
1,969
700
1,678
2,400
373
16
IOO°/o
laOQ/o
1,985
373
15
IOO/o
19,581
9,581
34,063
Govermance costs
Unrestricted
funds
General
TotJ)I
2024
Totxl
2023
Independent examiner fees
Examination of the financial st&teinent5
Legal and professional fee5
Other govemance costs
770
15,996
349
770
15,996
349
790
15,874
17,115
17,115
16,664
7 Grant-making
Analysi5 of grants
The support Costs associated with gi'ant-making are £Nil (5 April 2023 - £Nil).
Below al'e detai15 of mattrial grants tnade to institutions.
2024
2023
Name of in5titutitsn
Activity
Arts Mark grants to one (2023 - four) Delivery of arts, cultural & sports
Lo¢al AuthDI'lties
activities
1,050
4.200
Page 13

WMVS Children in Carc Foundalion CIO
Notes to the Financial Statements for the Year Ended 5 April 2024 (Continued)
8 Trustees remuneration expenses
No trustees, nor any per50n5 connected with them, have received any ye￿u￿tratIon fi'om the charity during the
yeai..
No trustees haye received any reimbursed expenses oi. ar]y other bencfit5 frorn the charity during the year.
9 Staff costs
The Charity Iiad no employees during the period.
The Chai'ity received suppoi1 with goveman¢¢ and administrative matters froin Mr P Cox, a seif-employed
consultant. Costs of £15,996 (2023 £12,504) were paid to Mi. P Cox during the period and classified within
govemance costs.
10 Independent examiller'5 remunergtio
2024
2023
Examination of the financial statements
770
790
11 Taxation
The chai'ity is a registered charity and is therefore exeinpt fi.oin taxation.
12 Debtors
2024
2023
Ti'ade debtor5
Prepayinenls
32,328
69,442
38.321
38.321
101,770
13 Cash and cash equivAlents
2024
2023
Cash at bank
183,050
234.528
Page 14

WMVS Children in Care Foundation CIO
Notes to the Finallcial Statements for the Year Ended 5 April 2024 (continued)
14 Creditors: amouuts falling due within one year
2024
2023
Trade creditors
VAT payable
Accruals
Defcri'eLI income
26,356
12,069
1,041
100,952
66,813
20,868
1,040
139,895
140,418
228,616
2024
2023
Defei'red incoine at 6 April 2023
Resour¢¢5 deferred in the period
Amounts r¢leased from pievious periods
Detetyed incoine ai year end
139,895
100,952
{139.895)
87,099
139,895
(87,099)
100,952
139,895
Deferred incotne Telates to subscriptÉons Envoiced in advance for 2024125.
Page 15

WMVS Children in Care Foundation CIO
Notcs to the FinAncial Statements for the Year Ended S April 2024 {eontinued)
15 Funds
BalAnce at O
April 2023
IncomiEJg
resources
Rtsollrces
expended
Balance at 5
April 2024
Unrtstrieted funds
General
107,357
235,618
(262,347)
80,628
Designated
325
325
Total funds
107,682
235,618
262,347)
80,953
Bal2Trce at 6
April 2022
Ineo]ning
resources
Re50urco5
expended
Bglallc¢ a15
April 2023
Unrestricted funds
G¢nei'al
122,917
173.783
(189,343)
107,357
Designated
325
325
Tot21] fund5
123,242
173,783
(189,343)
107,682
Designated funds relate to a grant received to fi]nd research by the Charity.
16 ANalysis of net assets between funds
Total funds at
5 April
2024
Unrestricted funds
Gener#1
Design8ted
Current assets
Current liabilities
221.Q46
(140,4181
80.628
325
221,371
(140,418)
Totsl net assets
325
80,953
Total fund5 9t
5 April
2023
Unreslrictcd funds
General
Designated
CurreDt assets
Cun'ent liabilities
335,973
{228,616
107.357
325
336.298
228,616)
Total net assets
325
107,682
17 Related porty transactions
There Were no I'elated party transactions in the year.
Page 16