Charity IEgistration tiumbci.: 1189151 WMVS Children in Care Foundation CIO uiual Repoit and Financial Stateinents for the Year Ended 5 April 2025 WMVS rhildren in Core
WMVS Cliildren in CarL Foundation CIO Contents Refei'eiice and Admittistrative Details Ttstecs, Repori 2to 14 Independeiit Exaniii)erfs Repoit 15 Statement of finwcial Activities 16 Balance Sheet 17 Notes to the Finaiicial Statein¢nts 18to25
WMVS Children in Cal'e Foundation CIO Reference an(1 Adiniiiistrative Details Chttli. S Rivei's Triisteos S Rivers B Baiiis S Bui'nage M Carrasco J Chick LGill J Giten J Kelly D Mooi'ey A Oliver-Adains M Saltei. L M Sinitli M Stiles E Thoinas L Thompson A R Wright 1189151 Charity Registratilbll NUber Principal Office clo Office Suite I Shrieves Walk %tiatford-Iipon-A von WaiTrvick.%hÈrc CV37 6GJ Independent Examiner CBSL Accountants Limited C.liailered Atcouniani Rowan Floiise Noi'ih l The Professional Quarter Shrewsbiiry Bllsiness Park Shrew5bury ShiDpshire SY2 6LG Page I
Trustees, Annual Report W.M.V.S for the year ended 5 April 2025 Chlldren in Core Registered Charity No. 1189151 Chair of Trustees: Sarah Rivers Vice-chair of Trustees: Mathew Stiles Trustees (date appointed, if during year): Michelle Salter Mikaela Carrusca12111112024} joanne Kelly Balwant Baines {1911212024) Mathew Stiles Lorraine Thompson (1911212024) Emma Thomas Deena Moorey Joanna Clare Chick Sarah Rivers Samuel Burnage Lisa Marie Smith Joanne Green Andrew Richard Wright Lesley Gill (11412024) Alecia Oliver-Adams rovider Area of res Governance Administration, Communications, Website Bookkeeping, Accountancy, Independent Examination Arts Link co-ordination Active Now co-ordination onsibili Geor e Stroud Sets uare Creative Solutions CBSL Accountants Performin Perfectly Energize STW Think Active Active Black Country Active Herefordshire and Worcestershire Together Active SERCO (Birmingham Community Leisure Trust
.1.. Intro(JiJciirJn trnm our Lhair l am delighted to take on the role of Chair of WMVS CIC Foundation. I have seen the charity develop since its inception to become the thriving organisation that it is today. At our core is dedication to developing the highest quality arts, culture and sport opportunities for children in care across the West Midlands. As a recently retired Virtual Head I have seen the Incredible impact this work has had on individual children. It can be transformative and support our children to develop talents and interests for life. A personal highlight this year has been seeing our children take over our Regional Conference for professionals supporting children in care. They were generous in sharing their experiences to shape a piece of theatre. They hosted panel discussions with the CEO of a large academy trust and a Director of Children's Setvices. They delivered keynote speeches with their call to action. One of our key priorities 90ing forward is to build on this work and support our children to have a greater voice in the work of the Foundation. Our Creating Chances work enables us to offer CPD at a regional level ft)r professionals and carers supporting our children. There is strength in our unique collaboration between fourteen Virtual Schools in the West Midlands. By sending out a shared regional message we have facilitated natiorbal engagement with our work. We now look forward to collaborating with the National Govemors Association to develop training for school governors. We will actively continue to Share the lessons we have learned together in the hope that this work will be available to all children in care nationally. The Foundation is working alongside others as part of a national call to action to ensure all children in care have acsS to a culture entitlement. As a charity we have had some success in securing funding regional work by organisations such as The Arts Council, Women & Theatre and The Mighty Creatives. We are proud to have been part of work with the Share Foundation to produce the Stepladder App that Is available to all children in care nationally. It is our aim to further strengthen our range of partners and to widen out funding opportunities for this important work. We will do this by building on and sharing the research and impact evidence that we have collected over the years. I would like to thank Matt Stiles, who has Chaired the charity over the last year with a real focus on strengthening our governance and oversight, and the trustees who give their time with passion and commitment to make a difference for our children. Sarah River5 WMVSCIC Foundation Chair
i.. vvho Mie arp. The WMVS Children in Care Foundation exists to broaden horizons and raise aspirations for children and young people in care across the West Midlands. Our work brings together fourteen of the region's Virtual Schools to create opportunities in the arts, sport, learning and wellbeing - supporting care-experienced young people to thrive, belong and believe in their potential. In so doing, we believe we improve value-for~money and equality of provision for care-experienced young people. The Foundation does not employ staff. Instead, we realise our aspirations through the commissioned work & 511PPOrt of key providers (see cover page). These organisations and individuals carry out our activities based on Service Level Agreements monitored by our Board of Trustees. Our charitable activity currently focuses on three key activity strands: Arts Link: established to create a high-quality arts and cultural offer which all children in care across the West Midlands can access, so that they can develop as learners, as people and a5 artists. More info.. www.wmv5cicfoundation.or challen es Active Now: aims to create an offer of high-quality sporting activities, experiences and opportunities acr055 the region. This will range from 'try it out, one-off activities, to longer 5-6 week programs and special cluster events, Creating Chances: aspires to improve educational outcomes for care experienced children by working with partners and commissloning training to ensure that the educational needs of looked after. and previously looked after children, are better understood. artslink-for- oun eo artslink- Our virtual school membership is as follows.. Birmingham, Coventry, Dudley, Herefordshire, Sandwell, Shropshire, Solihull, Staffordshire, Stoke-on-Trent, Telford, Walsall, Warwickshire, Wolverhampton and Worcestershire. Schools are encouraged to appoint Ambassadors to facilitate engagement with our activity strands. We are a Charitable Incorporated Organisation (CIO) registered & regulated by the Charity Commission for England & Wales. Find out more about our registration here.. htt re ister-of-charities.charit commission. ov.uk en chari -search charit details 5153795 3. What we've done this year During 202¥25, we continued to build momentum across all thre6 activity strands while strengthening the systems and partnerships that enable our work to reach more ore- expeTienced young people across the West Midlands. Through Arts Llnk, led by Lesley Gill, we delivered a vibrant programme of arts and cultural activity across the region. Working closely with Performing Perfectly, we reviewed delivery arrangements in Herefordshire and Worcestershire and maintained a strong focus on participation and accessibility. Our Arts Ambassadors supported events in their local areas, with Virtual Schools providing transport so that child missed out. Ambassadors were
also invited to attend termly face-to-face days. We began developin9 a new framework for data capture, which will allow us to better track engagement and attendance in future years. By spring 2025, around 200 young people had signed up for the regional circus event - a joyful milestone that reflected both appetite and trust in the Foundation's creative offer. As part of the work of the Foundation, some virtual schools took part in a pilot for Art5 Mark. This was a collaboration with Arts Council England to determine if this could be a tool used for Virtual School's - and what adaptations would be required. All virtual schools involved achieved the award and the work will now continue at a national level. You can read about it in our case stud The Active Now programme, led by Sam Burnage, consistently showed a strong uptake in outdoor and physical activities. Fccdback from young participants and carers highli9hted the value of these sessions in boosting confidence and building community. We resolved earlier issues with promotional materials and scheduling, working in partnership with Setsquare to ensure consistent, clear communication. This body of work included a significant update to our website, that now features flyer5 for upcoming events to drive participation. Towards the end of the period a new collaboration with Serco in Birmingham was formalised, bringing fresh variety and improving inclusivity to the program. Creatin9 Chances, led by Alecia Oliver-Adams, grew in Scope and reputation. We delivered the 2024 Designated Teacher Conference and commissioned follow-on work with Geese Theatre, building on the powerful themes of inclusion and empathy explored in earlier projects. Parenting and kinship-carer training with Maria Collins was delivered successfully, while early discussions with the National Governance Association explored opportunities for regional governor training. In Jvne 2025, a Post-LAC development day brought together professionals and young people to help shape Geese Theatre's next production. Partnerships, led by Andy Wright. Throughout the year, we also strengthened our external relationships by maintaining active links with NAVSH and the Depariment for Education's and by increasing regional recognition for our collaborative model. We have been an active member of the call-to-action group "Include Me, I Want to Belong" promoting the importance of arts, culture and sports. Our work aligns closely with ARC with the shared priority of developing attachment aware and trauma informed approaches which support our children to develop a sense of belonging. We supported workshops at ASCL and NAHT conferences and participated in a panel discussion at the ADCS cornferen. 4. The dtfference we've made This year was one of consolidation and confidence. Across the West Midlands, children and young people in care accessed a wider range of arts, sport and learning opportunities than ever before. Feedback from Virtual Schools, carers and providers reflected both the quality and consistency of our offer. We saw young people discovering new interests, forming friendships across local boundaries, and developing creative and physical skills that built self-belief and resilience.
Arts Link Within the Arts Link strand, regional clusters participated in professional creative workshops dijring the summer term. The Commercial Dance sessions with performer Emily Bellingham (Strictly Come Dancing) generated exceptional feedback for their inclusivity and energy. Certificates presented by Emily were Ilbrilliantly received" and contributed to participants, sense of achievement. Additionally, Emily was 'super with the young people. Age range was from 7yrs. Managed very well. Ishe had al Good sense of when dance needed to stop and needed to move on to other dance activities. Emily is now working as a regular for T&W VS leading their own little dance troupe Autumn events included 'School of Rock, workshops, offering something entirely new and popular.. "one young person was inspired after this and has now signed up for C2D- regular weekly se55ions. Usually doesn't engage as in residential Icarel" Spring sessions focussed on recycling and creative sustainability through a "Posca Recycle and Reuse project with Birmingham street-artist Roots and were also we15 attended & received. Hamilton Theatre visit Commercial Dance Workshop
School of Rock R¢cycling Workshops We a150 organised two Hamilton theatre visits - first to Birmingham Hippodrome in July 20241126 ticket5 across nine Virtual Schools) and then to London's West End in August. The trips blended arts access with education.. several young people said the experience influenced subject choices and career ambitions. One participant commented.. loved the costumes. I want to do this when I'm older.11 Carers reported that some children new to the UK were 14absolutely captivated by their first theatre experi¢nce,11 demonstrating the cultural and social impact of the Foundation's arts offer. Lastly, the Foundation rolled out a peripatetic music lesson offer across all 14 Virtual Schools. This means that all children in care (years 4-61 across the region have access to funded music lessons. Creating Chances This year we delivered two key pieces of work.. the regional conference for education & social care professionaSs, and a regional training offer for carers. In May 2024, WMVS organised for young people in care from across the West Midlands to come together to share their voice. Supported by their Virtual School teams and Geese Theatre they co-produced a piece of theatre showcasin9 their stories, through a combination of drama and discussion around key themes in their lives, at the West Midlands Virtual School Regional Conference during the autumn term. In September 2024, we invited those young people to come back together again, to plan their contribution to the conference entitled Me and My Education - Who Cares7 - The Voice of our Young People. They shared their voices in whichever manner was best for them, including poetry, artwork, or to attend the conference itself and share their voices on stage.
The conference took place on 23rd October 2024. Over 200 professionals attended and the feedback was overwhelmingly positive.. .yOIA .Qhqd bcoJukn - US i°n46tls Vlf. CdL6fo&doYd_.. prC).ua of y: p(uolILQA. AJ Lvk cr .. Together, these strands are helping to create a culture where care-experienced young people are seen, supported and celebrated. The Foundation acknowledges the need to collect additional feedback & impact data - and has made changes during the year to ensure this occurs in fLtture.
Active Now Ensure each VS has a secure commitment from a sports partner organisation, to deliver a wide ranging and attractive offer for young people. Explore opportunities with Serco regarding the use of a central facility for a region wide Active Now event. Creatin9 Chances In the coming year Creating Chances will be working with parents of adopted children, special guardians, kinship carers and professionals facilitating exploration of their experiences of education. The findings from consultations and workshops will shape an event to be used by Virtual Schools as part of their CPD offer.. In addition, Creating Chances will be recommissioning regional on-line workshops on a range of education themes to support carers of children in care, previously looked after children and carers of children in Kinship Care. We will be workin9 Wlth the National Governors Association to expSore developing national training materials for school governors. We will continue to work in partnership with ARC to support the regional development of relational approaches. SUlv11v11T AFTER CARE AFTERCARE5SauTriquecoItsboratknbÈVttEonSThItpvhOIgwSenrfQSbd GeoseTheatieC0mty.offPNDIsht1fftl¢IhewQlIdofPrtthUS Ihlsdynomic hall4ywJlffllwVthlchfusf5thEaliÈèihe0.V1lkeY0OTh aniThiera(QmIfft¢y1¢hÈl1IsandAmbor.thdIvrIntscre[5and1ÈIChE1s.tQEp1DE.. Tthle81(yofpre.andp05t.natalirauma,l¢sxaits¢hmeffl¢inlursandtraumawounds BÈhaOrascommUn1CdllOad Ihe5eai¢hlorSJlew YheclashbeThYeens(hoolsptQffl5.tUl& 1ndtrauma1enlFWartke. You4gOIn lThvaluableinswhisfTtsmthe16E p¢rlNman¢e an¢ thesupportln¥thEorÉt1calrYrteS applled Trom IhEfieldsof p5Y(hDr. tTiuma resear¢ IratheraPythatJrÉ wwenbepw¢enandthrouBh Iholnieracuvethealie. WhoDolkiers the Training7 Whal do Oelegale5 Say. GryJ+ Ih*ii li
s. How we're run Our Board of Trustees brings together Virtual School Heads and independent member5 who share a commitment to improving outcomes for care-experienced children and young people. Our AGM held on 19 December 2024 formalised trustee elections, re-elections and the membership register. We welcomed new trustees Balwant Bains and Lorraine Thompson & confirmed the c&option of Mikaela Carrasco. To ensure greater clarity between the role of the regional Virtual Heads forum and board of the Foundation (whose memberships overlap substantially), the AGM also elected Sarah Rivers as Chair {from September 2025). By unlinking the role from that of the Virtual Heads forum we hope to provide continuity in leadership and clarity of responsibilities. Earlier work during the previous year with George Stroud (Governance) mapping organisational structure, roles and respon51bilities led this year to the production of our first Trustee Handbook. This document will be the cornerstone of trustee induction in future, detailing as it does trustee roles and responsibilities and the various honorary offices & subcommittees. The Finance & Governance Subcommittee met regularly throughout the year, ensuring close oversight of budgets, delivered activity & development work. It continued to refine its systems, introducing structured minute-taking using Copilot, clearer pre-meeting financial reviews with Setsquare, and improvements to activity report consistency. Work also progressed on a SharePoint-based file-sharing system, improvin9 the ease with which trustees and providers work collaboratively. Collectively, these developments demonstrate our growin9 maturity as an organisation and our commitment to transparent. well-governed operations. 6. Financial overview {summary only) Subscriptions of £232,728 (2024- £160,295) were received from member Virtual Schools to deliver the programme ot Arts, Cultural, Sports & Educational events, and the Foundation conferences. This represented most of the income for the year which totalled £233,34512024- £235,618). During the year the Foundation incurred expenses of £266,541 {2024- £262,347) of which £217,619 (2024 - £224,601) directly related to delivery of its charitable programme. The remaining 18%12024- 14%) of expenditure was related to support & governance costs. The deficit for the year was {£33,196)12024 -1£26,729)) leaving the Foundation with unrestrlcted reselves of £47,757 {2024- £80,953) at year end.15 April 20251 7. Looking ahead: risks and resilience We consider the main risks facing the Foundation to be.. maintaining sustainable funding & contributions managing provider performance across multiple regions ensurin9 value-for-money from those providers ensuring the safety of participants
By implementing more regu5ar, thorough finar)cial monitoringi including pre-meetings with Setsquare, we hope to improve accuracy and forward planning, Additionallyi work on a more formal reserves policy to safeguard future operations began in spring 2025. In consultation with the virtual schools in our membership we will revisit the subscription model. It is vital that it remains affordable, equable and fit for purpose such that we do not risk losing the contributions & support which underpin our valuable activities. At the same time, we need to further investigate those geographical areas where participants engage least with our offering and develop ways of improving uptake. Our updated, revised and simplified Safeguarding Policy Statement {www.wmvscicfoundation.or safe uardin olic -statement , due to be formally adopted mid-2025, implies increased formality and spot-checking of responsibilities for our contracted providers. The Arts Link and Active Now activity strand Service Level Agreements will need to be revised, in consultation with providers, to ensure the ambitions of the Safeguarding Policy Statement are realised. A working group will be set up in the coming year to make sure that this happens, in good time before revised contracts are issued in 2026. We also introduced a standing agenda item for strategic review, ensuring that our vision, mission and values remain clear and relevant. This focus on reflection and planning underpins our resilience and readiness for future growth. The number of Trustees who are not virtual heads grows year-on-year- and a forthcoming Trustee Skills Survey will help us to identify skill gap5 & recruit to our number in a more informed manner. 7, Looking ahead: delivering on our priorities The Foundation is undertaking an overhaul of the Sewice Level Agreements {SLAsl under which co-ordinators for the Arts and Sports strands operate. This important work aims to align expectations of providers across these strands, strengthen safeguarding practices & improve financial oversight. Making all awarded SLAS from April 2026 a minimum of 2- years will add further Stability to delivery of the Foundation's activity. This revised SLA will then undergo a consultation period with our current providers. In addition, in the forthcoming year. Arts Link Once termly cluster activities las a minimum) as well a5 one regional event. Increased theatre opportunities - and for different shows & locations to improve accessibility. Podcasts will be trialled in response to children's requests. Termly face-to-face development and training days to upskill VS staff and provide taster sessions of the activities and events available to our children. io
Active Now Ensure each VS has a secure commitment from a 5POrts partner organisation, to deliver a wide ranging and attractive offer for young people. Explore opportunities with Serco regarding the use of a central facility for a region wide Active Now event. Creating Chances In the coming year Creating Chances will be working with parents of adopted Children, special guardians, kinship carers and professionals facilitating exploration of their experiences of education. The findings from constjltations and workshops will shape an event to be used by Virtual Schools as part of their CPD offer.. In addition, Creating Chances will be recommissioning regional on-line workshops on a range of education themes to support carers of children in care, previously looked after children and carers of children in Kinship Care. We will be working with the National Governor5 Association to explore developing national training materials for school governors. We will continue to work in partnership with ARC to support the regional development of relational approaches. SUthhAIT AFTER CARE AFTtRCARElsavnlgueCvlèbofotknn bettSumM[lP¥¢hD1wsQrVkS4nd LoDkedAtteiChlldrcnandtheeyperl¥fiWSofedur4i1o. Th6dYmKh11f.d0¥tyat0Ih Tusesihealreon¢thm.WIIItth¢ytsuOn. an InlErdrt11tstseYvo1Il ElliS)ndhffjbEr,thelipren4 Gifwsandtpa(hEI5. loexplDre'. The¢)MPl¢IY0I4dPIn,[PcIfeaThd5PCc11GUaidIIS. h&g¢uiascommunk&dDnondthe2eorchfoF5efp Theda5hbeIesdlVRrs.rUIljndtr$tsftpT11Ce. ¥WlIgarDIn¥3IUbIe55Ights ITOM Ihe15vt PQil0rmor4ceanthPsUPP0rIiD£loet1c4 PQT%FQttlvtS opphe4 frO]r the10s0(prhOIoEY, ItSe4rth.fyi¢Pty(hdtstyJnd vaumètheiJpythat4ro WLvenbefweEnèiidtrwou8hihlttt*raciwetheatro. li
Fund Raisin9 Priorities for this year will be to explore ways to extend the range of organisations that we work with to extend our offer as well as making bids to a range of funds to support our offer. Partnerships We will continue to support the call-to action 'lnclude Me, I Want to Belong" raising the profile of the importance of arts, culture and sports for care experienced children. We will be promotin9 the uptake of Stepping Forward which children from our region helped to co- design with the Share Foundation and the bursary place at Tring Park School for Performing Arts. We have madc links with the Youth Sports Trust and Shakespeare Schools Foundation and will be exploring opportunities for regional collaboration. Nature of governing document The charity was registered with the Charity Commission as a charitable incorporated organisation on 21 Apri12020 and is governed according to its constitution. The members of the Charity have no Siability to contribute to the Charity's assets if tho CIO is wound up and have no personal responsibility for settling its debts and liabilities. Recruttment and appointment of trustees As set out in the constitution, there must be at least five Charity Trustees. At every annual general meeting of the members, one third of the Trustees shall retire from office but will be eligible for reappointment. Each new Trustee will receive a copy of the constitution and the latest annual report and statement of accounts prior to their appointment. Policy on reserves The Trustees recognise the need for a reasonable level of financial reserve5 in order to protect the Charity from the possibility of any adverse or unforeseen circumstances that could arise. U nrestricted reserves at 5 April 2025 enable the Charity to continue to deliver its charitable activites for at leagt a further 12 months in the event that there was a sign if icant drop in income. The Trustees are tal<ing appropriate steps over the next financi31 year to maintain the level of these reserves to meet the future needs of the Charitv. 12
- Public beiiefEt WMVS Cic Foundation aims to impt'ove educational outcomes for care experienced childreii by working with our partners and curnmissioning traÈi)ing to ensui-e that the educational needs of looked after and pieviously looked alter children are better undei'stood acioss the West Midlands region. The trustees confirm thil they have complied with the i'equirements of the Charity ComrnissÉon s guidanc¢ on public beiiefit {Charities Act 2011. s.17).
- Approved by the inembership aiid sigiied on their behalt.: Sarah Rivers Chair of Ti'ustees Date.. 05/12125 13
WMVS Cliildren in CaR'e Foundation CIO Trustecs, Report (continued) Statetneiit ofTrustets' Responsibilities -rhe Iri15tees are responsible foi. prepariRg Ihe trustees, report and (he fiiiancial stateiiTrents in accordance with the United Kingdoni Accoui)ting Staiidards {Uiiited Kingdoni Generally Accepted Accountiiig Pi'acticel and applieable law &nd Tegiilatioiis. The law applicable to charities i'equive5 the triistees to p¥epare financial statements foi. each financial year whEch give a ti'ue and faii. view of Ilie stttte of affaii's of the cliarity and of tlie incomiiig resoEuces and application of i'esources of tlie cliai'ity foi. tliat pei'iod. In pieparing these fiiiancial stateiiieiits. Il)e trustees are i'eqil-ed to.. select suitable accounting policies and tlien apply them consisteiitly., obsei've tlie nielhuds and priiiciples iii the Charities SORP. ii)ake j1gelents aiid estiiiiates tliat ale i'easoiiable aiid pdeJIt' state whetliei. applicable accounting standards have been folloived, subject to any material depaitures disclosed and explained in ¢lie fin&iicial slatenients. and prepaie tlie fillancal stateinents on tlie going lICe1'll basis unles5 It is inappropriate tD presuine that the clias'lty will coiitinue iii business. 'Ilie triistees are responsible for keeping pi'opei. aocounliiig I'ecord5 that disclose ivith reasonable accui'acy at aiiy lime tl)e fiiiancial position of tlie cliai'ity and enable tliem to enslli'e that the fiiiancial stateinenls comply with the Chai'itie5 Aci 2011, the Charities (AccounLE and Repoits) Rcgula(ions 2008, and die provisions of the constitutloll. The trustees are also responsible foi. 53fcguardiiig the assets of the charity and hence for iaking reasoiiable steps for the prevention and deiectioi) of fraud and othei. ii'reglllai'ities. The ti'ustees are i'esponsible for ihe mainttnallce and inteIty of the eorporate and fancial infoi'mation included on tlie cl)ariiable company's website. Legisl&tiOn governing the prepai'ation and dissemlnation of finan¢ial statements Inay differ froin legislation in other JUril¢tIOns. 05112125 The amiual repoi't was approved by the trustees of the charity on .........-.......-.. and signed on its behalf by: S Rivers Chaii'jnan and tmstee Page 14
WMVS Childi'en in Care Foundation CIO Independent Examillcr's Report to the trustces of WMVS Children in Care Foundation cio I rcpoil to the ti'iistees on my exainination of the accouijts of WMVS Childirn in Care Foundation CIO for the yeai. ciided 5 April 2025. Resp0115ibilities and basis of report As the cliarity ti'ustees of WMVS Children in Care Foundation CIO yoii are responsible for the preparation of the accouiits in accordance with the requirements of the Charities Act 2011 ('the Aet,). I report in IEspect of my exait)ination of the WMVS Childi'en in Care Foundation CIO'S accouiits cari'ied out under section 145 of the 2011 Act and in carrying ollt my examinaiion I have followed all the applicable Directions given by the Charity Comn)ission undei. section 145{5){b) uf the Act. Independent ex9miner'5 statement I have completed iny exainination. l ¢onfiTm that no material matters have coin¢ to my attention in connection with the exaininalion giving Ine cause to believe that in any Inaterial iespect.. accounting records were not kept in respeci of WMVS Children iii Care Foundation CIO as I'equired by section 130 of the Act. oi. 2. the accounts do not accord wilh those re¢oi'ds,' oi. 3. the accouiits do not comply with the accounting i'equiremenls concerning the forjn and cojiteiit of accounts set out in tlie Charities (Accounts and Repoits) Regulations 2008 othei. than any Irquirement that the accounts give a 'lrne and fair view, which is not a matter considered as part of an independent examination. I have no concei'ns and have coine across no Other matters in connection with the examination to which attention should be drawn in this repoit in order to enable a propel. understanding of the accounts to be reached. LJogs4Ln Mi's L J Osselton FCA Cliartei'ed Accountant ICAEW Rowan House North l The Professional Quarter Slirewsbury Business Park Shrewsbury Shropshire SY2 6LG Date.. Page 15
WMVS Children in Cal'e Foundation CIO StateJneDt of Financial Activities fol. the Yeaj. Ended 5 Api'il 2025 Uiij'estricteil fuiids Total 2025 Note Iiicoine aiLd EiidoivEncnt$ fro1. Chai-ilable activities Investmeiit ii?coine 232,728 617 2J2,728 617 Total income 233,345 233,345 I xpendlture oti: Charitable activities (266,541) 266,541) Total expenditure 1266,541) 266,541 Net expenditure Nel moveinent in fiinds 33,1961 (33,196) {33,196) (33,196) Reeonciliation nf funds Totsl fiiiids brouglit forwai'd 80,953 80,953 Totsl ndS can'ied forward 15 47,757 Uni'e5tricted funds 47,757 Total 2024 Note Iiicome and Endoivments from; Doiiations, legacies #nd gi8nts Chai'iiable activities Investment llLcoine 11,500 223,295 823 11,500 223,295 823 Total Encome 235,618 235,618 Expenditur¢ on: Chai'itable activities (262,3471 262,347 Total expeiiditure (262.3471 262,347) Net expenditure Net movement in funds (26,729) (26,729) (26,729) (26,729) Reconciliation of funds Total funds brought forward Total funds carried forward 107,682 107.682 15 80,953 80,953 All of the charity's activities derive fi'om continuuig opeixtions durit)g the above two periods. The fiinds breakdown for 2024 is shown in note 15. The notes on pages 18 to 25 foim) an iiitegral pai't of these financial stateinents. Page 16
WMVS Childrcn itl Cal'e fioundation CIO (Registration nllmber: 1189151) Balance Sheet as at 5 Api'il 2(b25 2025 2024 Note Currellt assets Debto Cash at bank aiid in hat]d 12 145,544 36,754 38,321 183,050 182,298 221.371 Creditors: Ainounts falliiig duc iyithin oiie year 14 (134,541 47,757 140,418) Net assets 80,953 Funds of the chRrity: Unrestricted incoine funds Unrestricted funds 47,757 80,953 Total funds 15 47,757 80,953 al st&(ements on pages 16 to 25 were appi'oved by tlie ti'ustees, and authorised for iue on at)d signed on ilieir behalf by.. S Rivers Chairnian and trust¢e The rtotes on pages 18 to 25 foi'ni a]1 integral part of these financial statements. Page 17
WMVS Cliildi'en in Care Foundation CIO Notes to the Financial Statcments lot. the Yeai. Ei nded 5 April 2025 l Accoulltithg policies Statement of eomplisnce The fiiiancial 5tateinents have been piEpaied iii aecordance with ihe second edilÉoi) of the ClIMI'ities Statement of Recoininended Practice issiied in Octobei. 2019, Ihe Finwicial Reportiiig stand &pplicable in the Uiiited Kingdom and Republ&c of Ii'eland (FRS 102) and ihe Chai'ities Act 2011. Bxsis of preparxlion WMVS Childi'en Care Foundation CIO meets Iht defJt]iliun of a public benefEt entity undei. FRS 102. The accouiiis (financial stateJnenisI have been pr¢p3red undei. the historical cost coiivention witli iteins i'ecogt)ised at cos( oi. tiai)saction value iinless otherwise stated in the relevant note(s) to these a¢couThts. Goillg concer The irustees coiisidei. that theit ale iio material uncertainties aboiLt the charity'5 ability to coiitinue as a going toiicern. Incoiiic endowments Voluntary LOte including do[17011%, gifts, legac1 and grants (hat provide core fuiiding oi. are of a g¢ii¢raS nature is iEcognised when the ehayity has entitlement to the income, it ss probable that the income will be received and ihe amount can be measured with sufficient I'eliability. Gropils fecelvable Grants are recognised wlieii the charity lias an entitlement to the funds and any ¢onditions linked to the grants have been met. Wliere perfoiTnall¢e conditioi)s are attached to the grant and al'e yet to be met, the income is ecognised as a liability and included on the balance sheet as deferred incoine to be released. Deferrediiicoil Defei'red incoine represents amounts ieceived for futEire periods and is I'eleased to incoming iesources in the pei'iod for whicli, it ha5 been received. Such incoine is oiily deferred when.. The donoi. specifies that the grant or donation must oiily be used in fiitiwe accounting periods; oi" The donoi. has iinposed cottditioiis whicli Inust be met before ihe charity has unconditional entitlement. Churliable a¢liviiles Incoine froin cliErit&ble activities is recognised wlien the charity becoines entitled to thc resources, tt]e Irustees are viitually certain they will receive the rc50urces and tlie monetary value Can i)e measuird with sufficieni xpeiiditure All expenditure 15 reco71sed once there is a legal or constrii¢¢ive obligation to that expenditure, it is probable settlemeiit is required and the amount ¢aii be measui.ed iEliably. All costs are allocated to the applicable expenditure headii)g thai aggregate similar costs to tliat LalesFOry. Where costs cannot be dsi'ectly Lttributed io particulxr headings they have been alloca*d on a basis consistellt with the use of resources, M'ith CEntr?15taff costs alloc&ted on the basis of tiime spent, and depieciation charges allocated on the portion of the asset's use. Other support costs are allocated based the spread of staff costs. Page 18
WMVS Cliildrcji in Cal'e Foundation CIO Notes to the Finanei21 St2tcments for the Year li ndcd 5 Aprlll 2025 {eontinued) Cliuriliihle ueilvllle& Chai'itable expeiiditure compi'ises those c05t5 iiiciiired by the cliarity iii tl)e dcliveiy of its activities and services for ils benefici&iies. 11 includes both costs that can be allocated directly to such activities and tl)ose cosis of an indiiect nature iiecess&iy to SEippoII them. Grfiiilprovlsloiis Provisions for giaiits are niade when tlie Ènteiilion to n)ake a grant has been colnniCated to the iEcipient but Ihere is nce[la1]ity abolit eithei. the tiniEng of tlie graiit 01- the amount of grant payable. Support costs SLiyJport costs iiitlude centi'al ll¢tIo1]S aiid liave beeli allocated to activi(y cost categoi'i¢s oil a basis coiisis(ent with the use of Tesources. Govei'thartee costs Tliese include tlie costs attributable to the chai'ity'% compliance with coiistitutional and statutory reqiiirenients, ii)cliidiiig audit, strategic nianageineiit aiid trLiStees iiieetings and reinibLirsed expenses. Taxatio Tlie cliai'ity is considered to pass t]ie tests set out in Pa¥agrapli I Schedule 6 of tlie Finante Ad 2010 and therefore it Ineets the d¢fInition of a cl?aritable company for UK coi'POlX¢ion tax piirpos&s. A¢cordingly, the charity ts potentially exempt froTn taxation itL respect of inconie or capital gallis received within categories covered by Chapter 3 Pai't I l of the Coi'poi7tion Aet 2010 or Section 256 of the Taxation trf Cliai'geable Gains Act 1992, to the extent that such iiicome or gains ore applied exclusively to charitable purposes. Fund strueture Unrestricted income funds are general fijnds that are available for use at tlie trustees disci'etion in furtlierance of the objectives of the chai'ity. Designated funds air unrestricLed funds set aside far specifie purposes at the discretion of the Inle¢s. Page 19
WMVS ChKldren in Cal'e fioundation CIO Notes to the fi inancial Statemellts for the Yeai. Ei ndcd 5 April 2025 (conlinued) 2 Incole from donatioiis #nd legaeies Unri%tri¢ted fujids Gelleyal Total funds Total for 2025 Total for 2024 11,500 11,500 The charity i'eceived £i)il (2024- £11,500) from the Univei'sity of Wolverhamp(on Aits Connect PIDgrdmme. 3 Income from chai'itable aellvitics Unrestricted funds General Total 2025 Tot21 2024 Subscriptions income fi'om Virtual Schools for commissioned aits, culttii'al and sports activitie5 Conference incoine 232,728 232,728 160,295 63,000 232,728 232,728 223.295 4 lnvestsnet income Unrestricted fuiids General Total 2025 Total 2024 I]iteiest receivable aDd sitnilai. Kncome- Interest receivable on bank deposits 617 617 823 Pag¢ 20
WMVS Childre in Cal'e Foundation CIO Notes to the fiinancial Stlltemellts for the Yeai. Ended 5 April 2025 {eontinued) 5 Expeiiditllre on eharilable actiYitie5 Unre5ti'icled fund5 Getieral Total 2025 Total 2024 Notc Delivery of arts, culttii'ai & spoits activities Graiit fulldit]g of activities Allocated 5UPPOlt ¢osts Governance costs 217,619 217,619 224.601 1,050 19,581 41,549 7,373 41,549 7,373 266,541 266,541 262,347 Expenditlire on cliai'itable actEVjtie5 is analysed as follows.. Uni'estricÉed funds Geiieral Total 2025 Total 2024 Arts programme Aits cooi'dination Sports progK8mine Sports coordinotio Creating e.hances Aiinu&l Conference Women and Theatre piyiject Designated Teachei. Conference 18,061 38,655 25,818 26,768 8,735 41,706 18,061 38,655 25,818 26,768 8,735 41.706 22,120 35.000 15,921 22,917 188 32,439 50.000 46,016 57,876 57.576 217,619 217,619 224,601 Page21
WMVS Childi'en in Cal'e Foundation CIO Notes to thc Financial Statements for the Yeai. nded 5 Api'il 2025 (continued) 6 Analysi5 of govei-naii¢e arjd siipport Costs Alloealed 5UPPOrt Costs Unrestricted fildS Geiieral Total 2025 Tot21 2024 Basls of allocatlon Marketing aiid websiie costs Comtnut]ications costs Coiistiltai)¢y fres re Arts Mwk F511ance (Ind adinininsli?tion Aecoulltancy fees 2,497 2a,284 1.848 15,122 1,410 373 15 2,497 20,284 1.848 55,122 ,410 373 15 2,445 11,969 700 1,678 2,400 373 16 IOO°/o loo°/ OOQ/o IOO°/o IOOQ/o Bank cliarges iooo/ 41,549 41,549 19,581 Covernanee costs Unre5tri¢ted fuiid5 Gejieral Total 202S Total 2024 Independent examinei. fees Examination of the fiiiancial statemettts Legal and professional fees Othei. govei'iiaiice costs 790 6,583 790 6,583 770 15,996 349 7,373 7,373 7 Grant-nigking Analysis of grants Th¢ support Costs assoctated with at-makIttg are £Nil (5 April 2024- £Nil). Below are details of matei'ial grants msde to institutsoiis. 2025 2024 Name of IstAtutiOn Arts Mai'k grants to nil (2024- oiie) Local Authorities ActÉvity Delivery of aits, cultui'al & spoils activities 1,050 Page 22
WMVS Childi'en in Care r(oundation CIO Notes to the Financial Stateinents for the Year Ended 5 April 2025 (eontinued) 8 Trustees reinuiieration and expenses No Il"UStees, noi. any persons connected witli them, have irceived arty remlineration from the charity dui'ing the yeai.. No ts'ustees have ieceived any rein)biirsed expeiise5 Dr lY othei. beEiefils fi'om the cliarity duriiig th¢ year. 9 .8taff costs Tlie Charity had no einployees dui'ing the period. The Charity received suppoil with govetnancr and admiiiistrative matters fi'om Mr P Cox, a sell'.eiiiployed CQDsu5tant. Costs oc £1,333 (2024 - £15,996) were paid to Mi. P Cox dui'iiig the pei'iod and classified within govetiiat]ce costs. 10 Independent ¢xaniiner'5 remuneration 2025 2024 ExÉtmination of the fu)attcial statements 790 770 I l TaxAtion The charity is a registered charity and is therefore exenipt froin t&KatlOD. 12 Debtors 2025 2024 Trade debtoiE Prepayments 105,754 39,790 38,321 145,544 38,321 13 Casli and cash equivalents 2025 2024 Cash at bank 36,754 183,050 Page 23
WMVS Children in Carc fioundation CIO Notes to the fl inancial Statemeiits for tlie Y¢ai' Ei nded 5 April 2025 (eontinued) 14 Ci-editors: amounts lalling du¢ within one year 2025 2024 Trade cjrditoi VAT payable Accruals Deferred iiicome 38,399 6,973 1,041 88,128 134,541 26,356 12.069 1,041 100,952 140,41 8 2025 2024 Defred incojne at 6 ApFil 2024 Resour¢es deferred in the pci'iod Aniowit5 released ft'oir pi'evious pci'iods 100.952 88,128 1100,952) 88,128 lJ9,895 100,952 139,895) Dcfci'red incoine at year end 100,952 Defei'red income relales to subscriptioiis invosced in advance for 2025126. Page 24
WMVS Children in Care fioundatllon CIO Notes to tlie Financial Statements foi. the Year Ended S April 2025 (eontinued) 15 Fuiids Bal#ii¢e at 6 April 2024 IncoinÈng re50ui.ces Resoui'ees expended Balaii¢e t S April 2025 Unrestricled fuiids General 80,628 233,345 (266,541) 47,432 Designated 325 325 Tot21 funds 80,953 233,345 (266,541) 47,757 Balaiice at 6 April 2023 Incoming resources Re50uI'ces expended Balance at 5 April 2024 Unyesti'icted fullds Genej'al 107,357 235,618 (262,347) 80,628 Designated 325 325 Total funds 107,082 235,618 (262,347) 80,953 Desigtkated t}dS relate to a grant received to fiind research by the Charity. 16 Analysis of net 9Ssets betivttn funds Total funds at 5 April 2025 Unrestrict¢d futid5 General Desigtiated Ciii'rettt assets Cui'rent liabilities 181,973 134,541) 325 182.298 (134,541) Total net assets 47,432 325 47.757 Total funds at 5 Api'il 2024 Unrestricted funds General Designated Cui'rent assets Current liabilities 221,046 140,4181 325 221,371 (140,418) Total net asse 80,628 325 80,953 17 Related party traiis2ctions iei'e were no related party transactions the yeai.. Page 25