## **Forever Colours Children’s Hospice** (Charity Incorporated Organisation) **ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD 28 AUGUST 2020 TO 31 MARCH 2021** Charity Number: **1191073 FOR THE PERIOD 28 AUGUST 2020 TO 31 MARCH 2021** |**CONTENTS**|**CONTENTS**| |---|---| |Legal and administrative information|3| |Statement of the Chairman|4| |Statement of the Chief Executive|5| |Directors’ Report|6| |Independent Examiner’s Report|19| |Consolidated Statement of Financial
Activities|20| |Balance Sheet|21| |Cash Flow Statement|| |Notes to the financial statements|22| Charity Number: **1191073 FOR THE PERIOD 28 AUGUST 2020 TO 31 MARCH 2021** ## **LEGAL AND ADMINISTRATIVE INFORMATION** ## **TRUSTEES:** J Bowman (appointed 28 August 2020) J C Swift (appointed 28 August 2020) E B N Charvet (appointed 28 August 2020) A K Dhillon (appointed 28 August 2020) **CHAIR:** J Bowman (appointed 28 August 2020) **SECRETARY:** J C Swift (appointed 28 August 2020) **CHIEF EXECUTIVE:** J Adams (appointed 28 August 2020) **CHARITY NUMBER:** 1191073 **REGISTERED OFFICE:** Sivatech Business Solutions Gatehouse Close Aylesbury Buckinghamshire HP198DJ **WEB ADDRESS** : www.forevercolourshospice.org.uk **BANKERS:** Lloyds Bank; 25 Gresham Street, London EC2V 7HN **ACCOUNTANTS:** Kreston Reeves LLP Chartered Accountants 2nd Floor 168 Shoreditch High Street London E1 6RA 3 Charity Number: **1191073 FOR THE PERIOD 28 AUGUST 2020 TO 31 MARCH 2021** **The Trustees present their annual report together with the financial statements of the Charity for the period 28 August 2020 to 31 March 2021.** ## **STATEMENT OF THE CHAIR** Welcome everyone to the Annual Report and Financial Statement. I am proud to stand as the Chair of Trustees for Forever Colours Children’s Hospice. To see firsthand the hard work and determination that has gone into not only reaching out to families during this unprecedented global pandemic, but doing so, whilst building a much-needed service that has been shaped by the families themselves. The Charity has been on the frontline, helping babies, children and young people who have life - limiting and life-threatening conditions and their families make the most of every day and supporting them throughout the pandemic. It is therefore imperative that The Charity continues to generate the resources to grow to continue to meet the needs of these families. Data suggests there are over 2,000 babies, children and young people in The Charities catchment area who could be benefitting from Forever Colours Children’s Hospice support. The Charity has come such a long way and myself, alongside the Trustees, are so proud to have been part of the journey. The team are passionate and ambitious and Forever Colours receiving charity status during this period was warmly welcomed. On behalf of The Board of Trustees and everyone at Forever Colours Children’s Hospice, I would like to thank you all for the support that we have received over the last year as an official charity. This time has been one of the most difficult times for everyone globally, where we as a Nation have all experienced forms of disruption, loss and disappointment. I would like to thank Centricus, our Founding Partner, The Trustees, Directors, Care Team and Volunteers for mostly how much they care, alongside their passion, dedication, optimism and hard work. They were instrumental in growing The Charity and a very special thank you to our compassionate supporters, who have continued their support and generosity during this unprecedented time. With sincere gratitude on behalf of everybody at Forever Colours Children’s Hospice for continuing to stand by us. S J Bowman Chair of Trustees Forever Colours Children’s Hospice 4 Charity Number: **1191073 FOR THE PERIOD 28 AUGUST 2020 TO 31 MARCH 2021** ## **STATEMENT OF THE CHIEF EXECUTIVE** We are delighted to share Forever Colours Children’s Hospice First Annual Report and Financial Statement since the concept of the hospice was developed beyond a dream. Our vison is that every baby, child or young person with a life-limiting or life-threatening condition or profound multiple learning disability should have the best possible life with access to the highest quality clinical and holistic care services wherever and whenever they need them. Our initial two-year strategy focussed on the holistic nature of palliative care, and brings together essential areas of activity to deliver our vision. Arriving at a stage where we can plan for our future has not been an easy journey for Forever Colours Children’s Hospice. Like many small charities, the global economic climate is a period of uncertainty, which is leading us to developing strong relationships with statutory agencies and partners who are willing to support us. We also know from our families that care for a child with complex health and social needs can put a significant strain on the whole family, causing families to break down and life aspirations to be put on hold. This has made us question whether we are doing enough for families at every stage of their child’s life and highlighted the need for an enhanced advocacy service. Due to our location and the demographics of our local population we also face unique challenges in serving our culturally diverse communities appropriately and sensitively. The Dr Lorna Fraser research also informed us about the scale of potential and growing referrals we could receive in coming years. We believe our strategy will help us to reach at least 20 children each year by the end of 2021. We would like to conclude our introduction with a thank you - without our Founding Partner, Trustees, Donors, Volunteers, Staff and most importantly – our Families, we would not be able to consider the next year with such optimism. We hope our report inspires you as much as us on this exciting journey. **J Adams Chief Executive Forever Colours Children’s Hospice** 5 Charity Number: **1191073 FOR THE PERIOD 28 AUGUST 2020 TO 31 MARCH 2021** ## **DIRECTORS’ REPORT** The Board is pleased to submit its report and financial statements for the period ending 31 March 2021. ## **Objectives and Activities for the Public Benefit** 6 Charity Number: **1191073 FOR THE PERIOD 28 AUGUST 2020 TO 31 MARCH 2021** Our work at Forever Colours Children’s Hospice is informed by statutory and sector guidance and regulated by the Charity Commission. This report demonstrates how public benefit was delivered through Forever Colours Children’s Hospice’s charitable aims. In working to deliver these objectives, the Board and members (Directors) are cognisant of the need to comply with public benefit requirements. To that end The Charity has paid due regard to the published guidance from the Charity Commission on the operation of the Public Benefit requirement under the Charities Act 2011. ## **Our Vision and Mission** Forever Colours is a family focused, community-based Children’s Hospice covering the borough of Buckinghamshire providing care to families who have children with life-limiting and lifethreatening conditions. Founded in 2019, The Charity provides a range of support services with the emotional, psychological, and physical wellbeing of families in mind. The Charity offers care and advocacy, including sibling and parent/guardian support, one-to-one help, group days out, post-death and end of life care. Our goal is to bring rest, relief, and a helping hand, allowing families to have a little time to themselves, as a family, or connecting with people in a similar situation. 7 Charity Number: **1191073 FOR THE PERIOD 28 AUGUST 2020 TO 31 MARCH 2021** What makes Forever Colours different is the personal family focus and attention to detail that The Charity brings, delivering a high standard of care that is family oriented and invested in making a difference. We never forget that the people we work with are at the heart of everything we do, so we make a sure we are always listening to them and their evolving needs, rather than simply studying the data. With that in mind, we began by focusing our work on Buckinghamshire, as research highlighted the area has a large population without access to this type of support. We quickly found that advocacy was much needed by families, so we introduced our Family Laison Service, which helps with everything from filling in forms to finding out which financial aid a family is eligible for. We also found there was an urgent need to help families where children have a profound and multiple learning disability (PMLD), so we widened our scope to include this referral criteria as well. At Forever Colours we exist to support individuals and individual families, to provide what they need, when they need it, whether it is support grieving the loss of a baby that never came home or providing the freedom to have a little fun at a theme park for a day, knowing that someone else is carrying some of the responsibility. ## **Our Culture and Values** **F** orward Thinking **C** ollaborative **C** onsistent **H** olistic ## **The Impact of the COVID-19 Pandemic** The impact of the COVID-19 pandemic was felt across all areas of The Charity. Whilst we understand that this period has been an extremely isolating time for some of our families and some families have not been able to receive the care and support that they would normally receive. Forever Colours Children’s Hospice has been in a fortunate position to be able to continue to have regular contact with referred families throughout this period. “You (Forever Colours) have been the only ones we have heard from and has checked in on us during lockdown”. Referred Family. 8 Charity Number: **1191073 FOR THE PERIOD 28 AUGUST 2020 TO 31 MARCH 2021** All care and support delivered by Forever Colours Children’s Hospice has been led by the families own choices. As a Charity, we have been able to assess what has gone well for families, as well as what they might have been struggling with, and been able to source ways in which we could support. Forever Colours created a social media support page where families can connect, share and support each other. During this time, The charity provided many fun and creative activities for the whole family to share in their own homes and circulated an informative newsletter that sign posted families to other available support as well as regular updates around COVID-19. The risk of infection for Forever Colours families and staff has been thoroughly assessed and managed throughout the pandemic by ensuring that bespoke Infection, Prevention Control training was offered and updated regularly and COVID-19 and pandemic policies and procedures circulated to all Trustees, Staff and Volunteers. All service delivery was risk assessed and delivered within Government guidelines. All Trustees, Staff and Volunteers were offered the Covid-19 vaccine as soon as the hospice became eligible and the charity maintained 100% uptake. All direct contact with families and professionals was completed adhering to full personal protective equipment guidelines and lateral flow (LFD) and Polymerase chain reaction (PCR) testing has taken place and has been recorded during this period. ## **CARE** Data suggests there are over 2,000 babies, children and young people in The Charities catchment area who could be benefitting from Forever Colours Children’s Hospice support (Fraser et al, 2011). Initially the team joined local community groups, started networking, in particular visiting Hospices, Schools, Hospitals and families to find out what The Charity could do that was not already being offered and would meet an unmet need in the sector. Forever Colours took this as an opportunity to ensure the message to sector colleagues was that Forever Colours Children’s Hospice wanted to enhance and support the incredible work that was already happening in the sector, including consulting with the sector with regards to the final charity name. Whilst this period was one of unpreceded change, involving a global pandemic, there was also much to celebrate for Forever Colours, receiving Charity Commision Registration, considerable charity management set up and staff training to ensure strong governance, safety and compliance and set a stable foundation. With these key priorities in place The Charity was then in a position to start delivering high quality services. 9 Charity Number: **1191073 FOR THE PERIOD 28 AUGUST 2020 TO 31 MARCH 2021** Forever Colours Children’s Hospice regards strong leadership, management and good governance as the key to ensuring that we deliver high-quality, person-centred care, that supports learning and innovation. The Directors make up the Senior Leadership Team and have all used their individual strengths to build The Charity to what it is to date. The Directors have worked on ensuring all of the necessary policies and procedures are up to date and relevant, examples include Safeguarding, Lone Working and Whistle Blowing. The Directors have spent a lot of time working with the Trustee Board, ensuring that the Trustees thoroughly understand and agree with the direction of The Charity. It is imperative that the Trustees know how a compassionate, inclusive and effective Charity operates. Prioritising safe care and ensuring a shared vision is a priority to both the Directors and the Trustee Board. The Charity has clear aims and objectives set out in the constitution. The Charity has taken pride in the services that have been delivered and know that the key to be able to continue to do this effectively is ensuring Trustee, Staff and Volunteer expertise, voices and passions are considered alongside those of the referred families. To ensure this, The Charity has ensured that there has been protected time for training, development, supervision, coaching and appraisal. Practice has been continually reviewed and altered from the results. Forever Colours Children’s Hospice received 15 new referrals of which all families were accepted during this period. Forever Colours are eager for the service to remain flexible and responsive, ensuring the needs of families are at the very centre of all decision making and service delivery, increasing support as capacity allows to respond to ever changing family need. The Charity understands that the offer of services has to be done in a fair and considered way. Forever Colours achieves this by using an assessment system. This system looks at the whole family situation including social and emotional wellbeing, not just the baby/child/young person’s clinical condition, ensuring a holistic offer. Forever Colours Children’s Hospice then started focussing on how to provide a wider range of services to more babies, children, young people and their families; and how, by working in partnership, The Charity can achieve the best possible outcomes for all referred families, with support from the National Health Service, local authorities and other charities and organisations, ensuring not to duplicate efforts. “I completely understand that you are not in a position to offer short breaks at the moment, but just knowing that there is light at the end of the tunnel and support will be there at some point means so much.“ With research estimating that there are over 2000 babies, children and young people with life limiting or threatening conditions that The Charity could be supporting (Fraser et al, 2011). The Charity knows there are many families not accessing hospice care services. This may be due to lack of awareness of the range of services hospices can offer, or because families are afraid that using a hospice is an acceptance that their child will not outlive them. The focus of this period was planned to be: 10 Charity Number: **1191073 FOR THE PERIOD 28 AUGUST 2020 TO 31 MARCH 2021** - Charity Commision Registration. - Care Quality Commission Registration. - Increased awareness of Forever Colours Children’s Hospice. - To work in partnership with other voluntary and statutory organisations/charities. - Information Technology systems to improve governance and risk. Forever Colours Children’s Hospice, despite the challenges of this period, has been able to achieve Charity Commision registration, increase awareness within the sector and beyond, form many successful partnerships and run a safe and effective service by utilising new information technology systems to manage governance and risk. Although the pandemic and pending Care Quality Commission registration has slowed down clinical care delivery to referred families, Forever Colours families identified that this was not their greatest need, and that having The Charity on the other end of the phone, information, advocacy and sign posting to other services has been a much needed and requested support. Forever Colours Children’s Hospice has always aimed, from concept, to fill gaps in the sector, build services around family need and not duplicate what is already being done. The Charity believes that quality of life and family choice is key to an effective service, to ensure this, The Charity, has completed family and child reported outcomes. This translates to a bespoke package of care being developed for each individual family, as the service is designed by the family for the family. All families have the rights to choose how they would like to receive care from diagnosis though to care after death. In order to achieve this, The Charity has ensured to assess the families' holistic needs. Forever Colours has supported the completion of personalised care plans starting with ‘All About Me’ profile pages to ensure that all the baby/child/young person’s individual needs and choices are being met. Alongside, multi-professional and joint working has helped to create long term supportive professional relationships that ensure there is continuity and consistency within the support that is provided. We work with babies, children and young people right up to age of discharge to include supporting transition to adult services. Our main aim at Forever Colours Children’s Hospice has been to ensure that any services offered to referred babies, children, young people and families has been in their best interest. The service is continually reviewed and amended based on the results of audits, incidents and feedback, both positive and constructive. This includes reviewing Local and National priorities, we are also alert to ensuring appropriate safeguarding is at the forefront of our practice, the avoidance of restraint and promoting choice and independence wherever possible. One of the needs that has been identified is that some families struggle to go on holiday. Forever Colours responded this by putting on a competition to give away a family break. The Charity understands the sensitivity around death and dying, this led us to plan how to have honest and open conversations with referred families about their choices and wishes around 11 Charity Number: **1191073 FOR THE PERIOD 28 AUGUST 2020 TO 31 MARCH 2021** death. The Charity purchased a cold blanket, as we were informed that there is currently limited access to pre and post death care in the home setting in Buckinghamshire. At Forever Colours, we value open and honest communication with referred families about the position we have been in throughout the setting up process so that none of the referred families would be disappointed or have an unrealistic expectation. The Charity prioritises ensuring a sustainable service. As a new Charity we want to ensure that we do not set objectives too high, presenting a service that we are unable to sustain as referral numbers increase. We are learning all of the time and is considered an integral part of The Charity. Forever Colours has strict Safeguarding measures in place to safeguard children, young people and their families. We have supported people through hugely difficult circumstances, however there have also been many wonderfully uplifting moments. We are proud to have provided opportunities that families without our support may not have been able to achieve. In order to provide the best possible services in the months and years ahead, J Adams, CEO, has focused on the preparations and planning for the future streamlined running of The Charity. The charity is extremely proud of the accomplishments that have been achieved and are positive for the future. ## **Our Care Highlights** - The recruitment of Carers in this period has been very successful. The Charity has employed 4 new Carers on a zero-hour contract. All Carers received training and completed competencies. - Forever Colours really started to prioritise the offer of Advocacy, an example from 2021, was supporting a family to set up a Go Fund Me Page in order to raise money to build a new driveway so they are able to easily transport their child from the car to home. - Feedback from children, young people, families and professionals using has been both positive and constructive. _“I just want to let you know your generous gift arrived in the post, so a big thank you, it is such a nice gesture.”_ _“Thank you very much for all you help I really do appreciate it.”_ ## **OUR SERVICES** “I felt at my lowest time last night and I looked at my phone and I saw your email, I really don’t think you know how much your kinds word mean to families.” 12 Charity Number: **1191073 FOR THE PERIOD 28 AUGUST 2020 TO 31 MARCH 2021** ## **Specialist Play** - Play and Complimentary Therapies has been a big part of The Charity offer for babies, children, young people and their families. Many of the children and young people that have been supported were isolated and had very little opportunities for interactions outside of the home. - Forever Colours ensure to always communicate with referred babies, children and young people by engaging in the ways they communicate such as PECS cards, Makaton or eye gaze. The charity also has a very good understanding of the different levels of development of babies, children and young people and that no family or situation is the same. - Play is a way in which babies, children and young people learn, grow and develop. It also helps them to make sense of the difficult situations that they might consider themselves to be in. Play looks at the child’s social and emotional needs as well as their all-round development and education. - Play Specialism was offered over Zoom to families. Play has been able to continue widely throughout The Charity. There has been a large focus on play, with training being provided to all newly recruited Care Team members. - During this period The Charity hosted many online stories and games for families that were very popular, particularly in times of isolation. The delivery of activity packs to family homes, ensuring that activities are age and developmentally appropriate were very appreciated by families. - Play has supported referred families in creating environments where stress and anxieties are reduced or confidence and self-esteem is regained. Play has provided an outlet for feelings of anger and frustration. It has also helped the referred children and young people to understand their treatment or diagnosis. - Children and young people have been able to effectively learn the sensory and concrete information needed to prepare and ease anxieties as well as support recovery and rehabilitation. - There are further plans to connect with a multi-faith group to support with the vast variety of cultural activities and events that run throughout the year. - Play plans were created for all referred babies, children and young people to ensure that they have a consistent level of play and development. - Group support sessions for bereaved families are at the forefront of - plans when the climate allows, alongside the individual support for bereaved family members which is being offered. 13 Charity Number: **1191073 FOR THE PERIOD 28 AUGUST 2020 TO 31 MARCH 2021** - Sessions could be supporting siblings with memory making and creating keepsakes or providing emotional support for family members or those who find it challenging to leave home. - The Play Specialist was able to provide sensory stimulation for children and young people or can use environmental music for children or young people’s departure postdeath. - “I just want to let you know how grateful we are for all of your support.” ## **Family Support** - Family Support have been co-ordinating deliveries of activity packs, food parcels and vouchers to families who are shielding, using the support of Care Volunteers. - The Family Bulletin has been sent on a monthly basis, the emphasis of this has been providing emotional and practical help and advice. - Family Support have continued to contribute to individual baby, child, young person or family Multi-Disciplinary Team (MDT) meetings and other external professional meetings e.g. at Hospital or School (some of these meetings have taken place online). - Family Support have been looking at areas of development, to include consultations with families reviewing delivered activities to date. - Family Support have been looking into interpreting and translation services. - Family Support launched an online parent group, for referred families, including post bereaved families, and are planning for developing a virtual Parent Group for bereaved parents. - The support that Forever Colours offers stretches beyond life and continues through bereavement. This support includes arranging funerals. “Even though I haven't met you yet, out of the charity's that support us, you have been the most engaging one of them all. I can't wait to meet you.” ## **Volunteers** - Forever Colours Children’s Hospice has 15 registered Care Volunteers who are actively supporting Care. - Examples of activities carried out by the Care Volunteers include, supporting with Activity Pack deliveries, shopping for families who were struggling to leave home or isolating due to their child/young person being vulnerable, filming, storytelling., facilitating or delivering online classes and activities. 14 Charity Number: **1191073 FOR THE PERIOD 28 AUGUST 2020 TO 31 MARCH 2021** - Due to COVID-19 rules and regulations, many of the Care Volunteer face to face visits were put on hold. This will be offered to families in the future, however sessions have taken place and continued to take place virtually over zoom in the form of storytelling. - There are future plans for zoom play sessions, school work support, even a virtual visit to the park or to see local horses! A great way for children/young people and volunteers to get to know each other before their face to face sessions can begin. Whilst others have very much become a listening ear to the parents. - The Charity offered to do food shopping and prescription deliveries using volunteers through the pandemic. - “You gift and packs have been a life saver in this really difficult time.” ## **Family Events** - Forever Colours planned Family Days to allow the whole family to go out together and enjoy things that they may not normally be able access. During periods of time when this was not possible due to the pandemic, The Charity sent out vouchers for families to use for days out of their choice. - Unfortunately, Forever Colours were unable to hold all of the projected events and activities face to face or in the format of a larger groups during this period. Forever Colours remain hopeful that some of the projected future face to face events may still go ahead, depending on the Government COVID-19 guidelines. - The event timetable was as follows; ‘Sibling Cinema Day’, ‘Parents Afternoon Tea’, ‘Family Eco Farm Day’, ‘Summer Party’ and ‘Halloween Hole’. It was particularly disappointing to cancel the ‘Summer Party’ as this was aimed at increasing referrals. - The Team successfully got creative with imaginative ideas to keep families entertained, for example, story times, pumpkin making, sensory storytelling, dance classes and a ‘Santa present drop’. - The activity programme is coordinated with the offer of ‘play’ from the Play Specialist, which is being offered to all referred families. Safety continued to be paramount when considering all activities during the pandemic, with Government guidelines being strictly adhered to. - The Team have a range of activities planned for 2021. Activities have been organised to adhere to COVID-19 Government Guidelines, and therefore were based on Zoom, with activity packs being dropped to referred family doors. - In February 2021 half-term Story Time’ and ‘Secret Cards’ being sent to the referred children and young people by the Youth Ambassadors was a particular highlight. “The staff are all wonderful, we feel safe and respected.” 15 Charity Number: **1191073 FOR THE PERIOD 28 AUGUST 2020 TO 31 MARCH 2021** ## **FUNDRAISING AND COMMUNICATIONS** “Listening to you all is so inspirational, it makes you smile and want to be part of it.” Up until January 2021, being a new Charity, Forever Colours Children’s Hospice had heavily relied on our Founding Partner, Centricus for funding running costs. Apart from minimal donations as the fundraising arm of the charity was yet to be established. The overriding efforts in 2021 was to establish 4 main revenue streams to bring in funding from the public and establish The Charity as a member of the Fundraising Regulator. The revenue streams that Forever Colours have been establishing throughout 2021 are; ||08 2020 - 03 2021 %|Expected for
next FY%| |---|---|---| |High Net Worth
Individuals||10%| |Trusts and
Foundations||10%| |Challenge Events||5%| |Mass Donations and
Fundraising Events|3%|25%| |Corporate Donation|97%|50%| High net worth individuals are individuals that have a high net worth and are professionally encouraged to support charitable causes. There is an appetite from our Founding Partners to introduce the charity to such individuals. The idea around this particular revenue stream is to look at sustainability and securing the future of The Charity. Individuals will be encouraged to support The Charity over a number of years with regular payments, whether that be monthly, quarterly or annually. Trusts and Foundations is an area that has been identified in order to open up exposure to applications that will bring public benefit and recognition to The Charity. The Charity recognises the importance of protecting time in order to write bids and applications for such benefits. Forever Colours Children’s Hospice has a team of 8 people setting out to ascent to the top of Mont Blanc in September 2021. This is the first challenge of its kind being attempted by a team in order to raise funds for the hospice. The aim is to be able to register with organisations that will allow The Charity to have individuals take on such challenges as marathons, climbs, swims and at the same time raise funds for The Charity. “I really like what you are doing, I feel proud to say that I am a supporter.” 16 Charity Number: **1191073 FOR THE PERIOD 28 AUGUST 2020 TO 31 MARCH 2021** ## **FOREVER COLOURS FUTURE OUTLOOK** Going forward and with lockdown restrictions easing, we expect that more of referred Forever Colours families will feel confident to engage with The Charity and for an increase of new referrals. Whilst zoom sessions have been successful and will continue, we anticipate that these will reduce in the coming months and be replaced with more face-to-face contact. The Care Team furthermore plan to broaden the Family Activities Programme. There are outstanding vacancies in Care and Income Generation, with a pending Fundraising Manager post planned for 2021/2022. Ongoing recruitment for Care Team members is required to reach the target of offering more Care Services in 2021/2022. The proposal is to recruit into a ‘Bank’ system, this involves a number of individuals being recruited and trained, to provide maximum flexibility for families, and the ability to respond to a growing caseload. The COVID-19 pandemic has brought together many new partnerships across the NHS, local and non-local Hospitals and commissioner groups. We plan to grow our cross-organisational working by increasing attendance at sector appropriate networking groups. The Charity plans for fundraising in the future will very much depend on how the established lines of revenue that have been identified above are established. Initial plans include a Charity Golf Day to be held at Foxhill’s Golf Club and the Mont Blanc Charity Climb. Identifying a route to high-net-worth Individuals and a process, including lead time to be established. There is a plan to make applications to Trusts and Foundations hoping to attribute a percentage of fundraising efforts. The Charity hopes that by the start of 2022, it is in a position where all revenue streams are established and have been bringing funds in to be able to justify the recruitment of a Fundraising Manager who will be able to further establish said streams. The Charity started noticing the effect of the COVID-19 pandemic on Income Generation in March 2020. Without the ability to raise funds from events which were cancelled or postponed, from Schools, Companies or Community Groups, the charity turned its attention towards Individuals, Major Donors, Trusts and Foundations. At the time of writing, the COVID-19 emergency appeal, across a range of media platforms and a concerted effort to contact all the charity’s generous supporters and donors has resulted in much needed income generation and gifts in kind. |**Planned Activity**|**Deadline**|**Responsibility**| |---|---|---| |Regular FamilyDays and Broad Activities|2021 - 2022|Holistic Services| |Increase Referrals to 50|2021 - 2022|FamilySupport Services| |FamilyMeasured Outcomes|2021 - 2022|FamilySupport Services| |Referral System Established|2021 - 2022|FamilySupport Services| |FamilySupport Volunteers|2021 - 2023|Holistic Services| |ComplimentaryTherapies|2021 - 2023|Holistic Services| |Maintained Compliance|2021 - 2022|Directors| |Employa FundraisingManager|2021 - 2022|Directors| |20 Donors|2021 - 2023|CEO/FundraisingManager| |Income Generation Revenue Stream|2021 - 2023|CEO/FundraisingManager| |Increased Diversityof Income|2021 - 2023|CEO/FundraisingManager| 17 Charity Number: **1191073 FOR THE PERIOD 28 AUGUST 2020 TO 31 MARCH 2021** FINANCIAL REVIEW 18 Charity Number.. 1191073 FOR THE PERIOD 28AUGUST 2020TO 31 MARCH 2021 ## **INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS AND TRUSTEES OF FOREVER COLOURS CHILDREN’S HOSPICE** 9 Signed: Dated: 28 January 2022 …………………………………………………………… Stephen Tanner BSc (Econ) FCA Kreston Reeves LLP Chartered Accountants 19 Charity Number: **1191073 FOR THE PERIOD 28 AUGUST 2020 TO 31 MARCH 2021** STATEMENT OF FINANCIALACTIVITIES ststom•nt otlin•n¢i•l •¢tiviti•$ For th• p•rlod •nd•d 31 March 2021 Unrestrlcted fvnd5 2021 Total fvnd¥ 2021 Income from.. Don8brffis and *￿ie5 79,015 79,015 Total Incam• 79,015 79.016 Expenditure on: Ra151ng funds Charitable acb'vities 2,421 SS,949 2.421 SS,949 Total expenditure $8,370 58,370 Net m0￿ment in fund5 20,64S 20,645 R•¢ofi¢ili•tion of fund$: Net movement in funds 20,64S 20,64S Total funds carried fonvard 20,64S 20,645 The Statement of financial activit￿$ indudes al gains and losses rewnised in the peri¢Jl. 20 Charity Number.. 1191073 FOR THE PERIOD 28AUGUST 2020TO 31 MARCH 2021 ## **BALANCE SHEET** S J Bowman Chair of Trustees Forever Colours Children’s Hospice Date: 08/01/2021 21 Charity Number: **1191073 FOR THE PERIOD 28 AUGUST 2020 TO 31 MARCH 2021** NOTES TO THE FINANCIAL STATEMENT Notss to the flnanclal stst•m•nts For p•rlod •nd•d 31 Marctt 2021 G•n•rnl Infomiatlon Fortvtt Colc*Jrs ChH¢tr•n's Hc6pice * a chanty rn¥stèrÉd in EThgI￿d, ￿￿th règistration numbw 1191073. The thariws reglstered a(klress i$ 48 Fr￿she￿ Road. LOTh1(￿. N8 ￿X. The prlncipal activty ol the charity i8 to womote and faciltsle the reliel. treatmenl care of Ch￿dren and ￿Ung wsons liv￿9 in UK ￿th lrfe-limitylg andltrf lrfe-lhrealeniry condrttrxs. Accountlng pollcl•¥ 2.1 of pr•p•rwUon of lIn￿¢1•1 •tsl•m•nts The financrdl $￿teMents have been prepared in aceordance vhth Ihe Charibes SORP IFRS 1021- Aecountiro and Rerorting by Charltitt.. s￿em*nt of RetommendÈd Pr8dice 4)FAKable tts eharits.ès preparing their accounts in accordance wth the Finanaal Rewrting StsThJ8rd applub￿ in Ihe UK and Rep(bblK of Ireland IFRS 1021 leffec￿"Ve 1 Jan¢Jary 20191. the Financ￿1 Reporb"ro StaThJard aPF4Ica￿t in the UK and RewblK of Irel￿d IFRS 1021 and the chari￿e$ Act 2011. The ffin8nca81 Stat￿nents have been prepargJ lo gNe a Iwe and tsirf ¥iew and have departd frc the char￿"e$ IAccwnts and Rewrtsl Regulats.(￿S 2{￿ cmty to the extent required to womde a Irue and vithw. This depar￿re has invdved folkn%Mry Ihe Charit*s SORP IFRS 1021 pU￿1$hed in October 2019 rather Ihan the AccounJThJ 8nd Rermybng by Charrfies.. SAxièm•nt ol Recommèndèj Prxts'ce effectNe from 1 Aw"12CK)5 has Sir￿ been wrthdr8Wn. Forever Cd¢)urs Chihlfen's Hospi￿ meets the definits.on of a publ￿ benefit enlty uThler FRS 102. Assets and liabilits'es are inibalty recngntsed at histor￿ CA>St or tr8ns8clion value unless othervAse stated in Ihe rdevanl acc￿n1'ng ￿ry. 22 Golng conc•m The Trustees assess whether the use of going c(Jnwn ts appropnate. i.e. vknelher there are any matefial uncertainb.es related lo events and coThJits"ons that may cast strJnficant dtyjbt on Ihe abilty cl the Charity to continue as 8 90ing r￿ceM. The Trustees make Ihis assessment in respect ol perirll of al ￿st one year from the date of authorisabon is5￿ ol the fina￿181 ststements. 8TrJ have ￿nclUded that the Charity has adeouate ￿S{MjrCes to continue in oFeratIC￿8l extslence for 11 fa￿Setable fU￿re, 8ThJ there are no Ma￿rial Uncertaint￿ ￿1)ul the Chariiys abilrty 10 conb.nue as a going cO￿8m. Ihus IhÈy conlinuè to ￿0p1 thè 90iro basL4 of accounts.ro in prepamg tha rinanaal statements. Whilst ihe impaci d tte COVID-19 pn￿lem￿ has been assessed by the Twstees. so fai as is re8son8bly rKJssibk. due to ils UnpreC￿ented impact on Ihe W￿d￿lide econrmny it ts dr1r￿Ult ev4ugle wth any certainty the potenty'al oul¢omes on the Charitys future actsvity'es. Ho%%ever. taki inio consKleratithl Ihe Chwiws *vel of inLxJme. and the f￿eca$led b￿gets lor Ihe fdh)wing period, Tru5tee5 bel** Ihat the Chanty thill be a￿t to cenb.nue in operatthia èXLSterte fc* iha forese&abk fulur8_ 2.3 Incorn• Al i￿ome B ￿￿liSed once Ihe Charity has enbttement to Ihe i￿orne. it ￿ prob8trAe t￿21 inD)me wil be ￿CeIved and amount of ir¢ome receivab￿ can te measwed ￿lIablY. 22 Charity Number.. 1191073 FOR THE PERIOD 28AUGUST 2020TO 31 MARCH 2021 2A Exp•ndltur• Expenditure is reco￿L$ed oneè I￿rÈ Is a lÉgd or eoftstrudvt oblhJAtkJn ￿ transfer èccmomk benefit lo a third party. it 15 prd>8ble that a Ir8nsler ol economic berÉfits *il be required In 5etUement and Ihe amount of the obligalKJn can be measured reliabty. Expendilure is classrf*d by activty. The costs of each 8¢tivty are made up of the tolal crf direcl costs 8nd shared costs. i￿lUdi￿j support Costs in¥dwJ in undertaking each act'wty. Direcl Costs 8ltribut**le to a single 8c*'wty we olk)c4ted dI￿￿Y Io ihat activity. Shared costs *thich cL)ntribute to more th￿ L￿e aciivty and SUFVOrt costs *thich a not attribuiable to a single actswty are apportKJned bet%4*en those activrtj.es on a basts consistent Ihe use of resJJrees. Centr81 staff costs are alknc8ie(l on Ihe basts of time speffl, aTha ¢JeprecIat￿)n chBrges althaled on the Frfjrlon ol th8 8Ssel's use. Expend￿lre on raiS￿g funds i[￿lUdeS ￿1 expendthre Incurr￿ ty the Ch8rty to raise fuThJs its charitsNe purposes and ir￿KIdeS Costs of all fuThJrw%ng actIVrt￿ events and nOn)sb"ng £5CQ Of more v*e ca￿1811$ed and TecoJniged future ecor￿• ber*fits *e probabk an¢J Ihe ec6t or value of the asset be measurtd rella￿y. Tar*Jble fixed assets are in￿la1￿ rerA)gnised al cost. After rerA)gnition. urnler the cosl mcmlel. lan9trAe fixed assets 8re measur&1 8l cost less accurnuialed depr￿1￿￿on and any accumdated impairmenl losses. All cnsts incurral to briThJ 8 tanL¥tle fixed asset into ts intended wrKkng condits'on shoukl tr indud&J in the measurement of c￿l Depreaats"¢)n is d)arged so as to abcaie the tost of tsn9Ib￿ Nxed assets less lh￿"r resmjual vak over their ests"matsd useful INts, usin9 the Slraight4ine method. Depredation L8 provhl8d on the loLlovAng basis: F￿lureS and rrtts.ngs 20% 2.8 Cuh at bank and In h•nd Cash at bank and in irtludes cash short-ierm highly Iiquhl invtstmtnts WAlh a sh¢)rt maturty of three months or less Irom the date of acquisitk)n or o￿ni￿ ol the de￿￿1 or simi18T accounL 2.7 Llabllltl•s and pro¥l¥lon¥ Liabil￿"eS ere recognised wthen Ihere is Bn ￿ty10n at the B81BncL sheet date as a resutt of 8 pBsI ÈvenL it is probable Ihai a transfer ol economlc befielrt thill be required in settbemen( the amount of Iho S@ttlem•nt can t• estirnated rdiat4y. 8bilibes are recoJnised at the amwnt that Charty anticipates it will p8y to gettle Ihe debl ty amoL￿t it h8$ rec*rv&l 89 8dva￿d payments for the grx)ds serv￿$ il mw8t promde. Provisions are measured at Ihe best estknate ol the amtyjnts r￿uir&I lo settle Ihe ￿l)8￿"0n. Whefe Ihe effeci cl ihe time value ol money is material. the Provis￿ is based the K*eseni vdue ol Ihose moLnis, dist￿nted at the pre-kx dist￿nI rats ihai reflects the risks 5PtUr￿ tts the Ihatrf"lity. The un¥A￿lMg rA MÈ d￿￿nI s retnjnised In llle Stsiemènt or linanc￿l AebvthÈS AS a hnAnce Cx)St. 23 Charity Number.. 1191073 FOR THE PERIOD 28AUGUST 2020TO 31 MARCH 2021 A¢¢ountlng polkl•• Icontlnu•dl 2A Fln•ncl•l In*trum•nls The Charfty 0￿Y has financi41 assets fina￿1￿ liat•&les of a kiThd that qualrfy as basic finartS IrBtrum￿ts. B881¢ finarvd inStrum￿ts are inib81ty re¢fyJnised 8¢ tr￿sact￿)n value 8ThJ Subwu￿￿Y m885ured at their 58tlement value wrth Ihe eXcept￿)n ol b￿k I￿5 which are subWU￿￿Y Measured at arnortised ￿$1 usirvj the effectNe Snteresl rnethc•J. 2.9 P•nglon• Chgrity opwates 8 ijefmed contrbutK)n g(*eme 8nd ￿nSIon L*arge rewesents Ihe aM￿￿ts pay8blÈ by the Charty to the fund in respect of the per￿￿. 2.10 Fund accouniing Genertl lunds are unrÈstittèJ funds whith are avallatle for use at the discrelon of the TNs*ès in ftsrtheranc£ of the ga)eral obiects.ves of the Chaity wthid) have rw)t be￿ de￿0n8￿ for olh purrx)ses. Incom• from don•t10￿ 1•9xI•• Unr•strl¢t•d funds 2021 Totsl funds 2021 Don•ih)ns 78,656 359 79,015 79.016 Exp•ndlbJr• on rnhlnq fvnds Co*is of rnlslng voluntary Incorn• Unrostrlctqd lunds 2011 Total funds 2021 FundraislrrfJ eosts Legal professiona fees 2,392 1392 2,421 1421 24 Charity Number.. 1191073 FOR THE PERIOD 28AUGUST 2020TO 31 MARCH 2021 Analyabs of •xwdltur• on chariiabl• actl¥lth•s Summary by fund typ• Total funds 2021 funds 21 Chwi18kAe 8c¢Nths 55.949 Analy*bs of •Xp￿dI1￿r• by aetlvbths Act1¥￿1•5 undertaken dlr•etly 2021 Support Total 2021 2021 Chwi18Ne 8c¢Nn 49.761 6.188 Anatyshb of dlr•ci Total lunds 2021 tlvltl•s 2021 Stsff costs Depfecwl"on 49,161 49.161 49,761 49.761 25 Charity Number.. 1191073 FOR THE PERIOD 28AUGUST 2020TO 31 MARCH 2021 Anatysls of •xp•ndltur• by aetlvltl•s {eontlnu•dl Amtyjls of support costs Total fvnds 2021 tjvttl 2021 A￿￿tiSIng Family DayslPacks Enkrtanment 1,275 1.276 Computer costs TrA¥d expènsès Subscriptio Clcthiftg eosts Bank charges Prmitry, postè¥ & sthtkin•ry Accountancy DBS costs 341 15 341 306 12 193 12 193 14L 275 275 6.188 4188 1nd0p￿d*nt •xamln•fs r•mun•ratlon 2021 Fees payat4e to the Chartys Independent èxaminer fcrf iThJeFendent exaMIn￿"t￿ tl* Charitys 14 Staff costs 2021 w￿e5 gaL8rl•s Sc¢ial securty costs ContritrtJ1k￿ lo ¢￿Irl1x11b)n perffjw ￿her[*S 47,778 916 49,161 26 Charity Number.. 1191073 FOR THE PERIOD 28AUGUST 2020TO 31 MARCH 2021 Staff costs {contlnu•d> The average numter of persora empbsed by the Charty during Ihe ￿c￿3 was as fO[kn￿.. 2021 Emplojees No emF4o>te receNed ramun¥alion am￿ntr"n9 to m￿e than £f￿.(￿)0 in Lylher ytar. Remurer8tion p8•Y to Key Management Person￿1 duriTrJ ￿ FerK¥J was £43,235. Tru*t•H' r•mun•rntlon and •xp•ng•s Ouring the yic¥J, Tru¥tees receiv￿ 8nyremuneralwi or other benefits. Durkng the pwicxj end￿ 31 March 2021. rKJ Truslee eX￿nSeS have been incurr&l. 10. T•nqlbh Ilx•d Ftxtur•g ffttlngs Cogt Additbjns 41110 At 31 K4arch 2021 5,180 D•pr•clatlon Charge for the F¢rw)d At 31 March 2021 N•t book ¥•lu• At 31 March 2021 27 Charity Number.. 1191073 FOR THE PERIOD 28AUGUST 2020TO 31 MARCH 2021 11. Crndltors: Amounts falllng du• wtthln on• y￿r 2021 er taxation and S￿81 securty pe￿iC￿ fuThJ loan payot4e ¢redit(*s A¢cwAL$ and dèferral In¢thne 236 141x1 3,386 12. St*•m•nt ol lund• Stat•m•nt ol lund*- ¢urr•nt p•rlod 8alanc• at 31 March 2021 In¢om• Exp•ndltUf• Unrnstrlct•d fvnds General FLThJs 79.016 168.3701 13. Summ¥y of funds SUMM￿ of funds- curr•nt p•rbod 8alance at 31 Ilarch 2021 Incom• Exp•ndltUf• General funds 79.015 {$8.3701 28 Charity Number.. 1191073 FOR THE PERIOD 28AUGUST 2020TO 31 MARCH 2021 14. An•tysls of n•1 ts•tw￿n fundg An•tysls of n•1 ts•tw￿n fundg. cuff•nt p•rfod Vnr•$trtct•d funds 2021 Total funds 2021 TanY￿e fixed assets Currènt Cre(*"lors due vth"n y￿1 4,S80 19.431 {3.3661 4,580 19,431 (4366) Total 20,645 15. P•nslon ¢ommlth•nt• The tharty operates a defined contrbjts.on schème. Thè assets of the sthme are hdd separatety from of the chanty in an iThJependenUy administered fund. The pens*)n cost char rewesents contr1￿￿'C￿$ pafvd by the charty to the fund amounted to £915. Al the period end. amoLnt d £208 was Payab￿ lo the fuTrJ and i8 induded in credrt￿s. R•lat•d p*ty trnnsxtSon• Thè Charity has nol èntèrèd into any relatth1 paty trans*b"on dufing Ihè ￿ricAl, ncx *• thèrè outstsndiThJ balantss owirKJ bÈt*Èèn r￿a￿d ptt*"Ès and thè Charity at 31 March 2021. 29 Charity Number.. 1191073 FOR THE PERIOD 28AUGUST 2020TO 31 MARCH 2021