CharFty rog18tratlon numbor 1193000 THE GENIES WISH CHARITY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2022 THE GENIES WISH CHARITY LEGALAND ADMINISTRATIVE INFORMATION Tru$tee$ Ms L Sledman Mr S Near Mr D Reekie Ms W Gray (Appointed 6 January 20211 (Appointed 6 January 20211 (Appointed 6 January 20211 (Appointed 6 January 20211 Charity number 1193000 Registor￿ offlc8 CIO Vlsualize Office Solutions Ltd Unit 19 Broxhead House, Base Innovation Centre 60 Barbados Road Bordon Hampshirè GU35 OFX THE GENIES WISH CHARITY CONTENTS Pagg Trustees, report Independent examinerfs report Statement of financial activities Balance sheet Notes Its the financial statements 6-10 THE GENIES WISH CHARITY TRUSTEES. REPORT FOR THE PERIOD ENDED 31 MARCH 2022 The Irustses present Iheif annual report and financial slalemenls for the period ended 31 Mar¢h 2022. The financial Statements have been prepared in accordance wth the accounting policies set out in note 1. To Comply th the Igoverning documentl, the Charities Act 2011 and 'A¢¢ounting and Reporting by Charib'es.. Statement of Recommended Practice applicable to charits.es prepanng their accounts in accordance wlh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" leffeth.ve 1 January 20191. ObJ•¢tives and actlyitles The Genie's ￿5b Charity will bè forth& public's benefit wthin the community, a￿SS England and Wales, giving r8lièf and assistance lin the realm$ of a Wsh'l for people aged be￿¥&&n Birth and 40 years of age wlh 8 chr¢Mlc orcriti¢al condity'on including terminal illnesses. We will be providing long lasting wishe5 for the age group that wll include one-time gift8lexperiences to improve someone s life. induding specialised equipment, technology, work experience opportunities. life skills. enhancing perstsnal passion, UK family holidays, experiences, ètc. The other area of the charity will be helping young carers from the ages of 5 10 18 years of age. We will be granting a wish to these special children and young 8dults through a referral programme frorn either a family member or through tt)e Carers Trust Network Partners/Other Community based institutions. Being a young carer can have a big impact on the things that are important in growing up, induding affeth'ng a young person's health, wellbeing, social life, and self-confidence. The Genie's Wish Charity will fvifil these special one-off wsheslexperiences through a self-applieAtion process or by being referred by a farnily member. fn'end. or sorneone within the community 8¢ross England and Wdles. A fundraising programmewill be established by working wlhin the communities ol our benefiaaries and having a corporate strategy, by working wlh various corporates across these areas. Our objectives and aims are lo build a kind, personal, professional, sooal enhancing experience where impact is not just measured from a on&day experience or gift, but carried forward, so that lives can be changed with after ca services being offered to all our beneficiaries. This will include working wthin theircommunily, workplace opportunitie5 with our corporate supporters, family online forums, volunteer opportunities and annual sociavonline events to incorporate all our beneficiarie8 Wthin their age groups. The wish fulfilment isjust the start of a lon9-lasting relab'onship wth all our b&nefi¢Éaries. The trustees have paid dug regard to guidance issued by the Charity commissi￿ in deciding what acts"vilies the charity should undertake. THE GENIES WISH CHARITY TRUSTEES, REPORT (CONllNUED) FOR THE PERIOD ENDED 31 MARCH 2022 Achlevements and perfom)ance The Genie's WIEh team have leamed so much Sin￿ ¢￿Ing up the charitys c4)nc8Pt baek in 2020 and now tra¢Jing *nce 6th JarFuary 2021, ospecAdly golng through a global pandemi We ujncentratsd on thr88 key priorllle8 throughout our first ygar. fundamental was Ii)oking al our Struc￿re. ￿lI¢jeS and WOFking the Charity CommissK>n. workin9 dosely with our futuro beneffci8ri&s, and making sure we delwer a quality and wLstandlng service in granting ffteirwshas. We also develo0 a 8tratsoy for how we work with all our 8uppyter5. 9ainir¥J thelr trust support Ènd of cour8e futurg fundTai8lng abilib"es, avenues. and Incorne Str6Èm5. Our foLXfS was to wottrct people and our finances sthilst delivering our purpose so thEt could emErge sale and Strong to rAry us into fvturo year5. We are delighlod th everytring w& have achieved to ¢Jats and are I(m)￿n9 forward lo implem8nting further Initlatives in Ihe comin9 years to 5UPPOrt ￿r alm. Thè board oftruJtee3 h• p￿￿rted 8XWJtional gUPPJrt to lh& charity thn)ug￿trt Ihis dtfficult yearwhh ovw 10 board and trustee4ed committee meolin95. There is no getting away from tho fact that th¢ngs af¥ tight as wa em&rge from a sortes of lothdM?s, bul the charity rnrnatns ￿nfitht Ihat osr pkns ￿M￿n r48v8nt arKI c(*>ust enough to delivèr in the medi(tm to long lemil Flnanclal re¥t•w It 1$ th8 pollcy that thè unr8stTS¢ted fund8 whsc* have not been d8signated for a $p8chfic use shoukl be malnt8inwJ at level 8quivalenlto be￿asn three- 8nd six-month's expendlture. The truste￿ consider that reserves 8t this level will ensure tha( in th& everrt of a signthc*nt drop in funding, Ihey ￿11 be able lo continuo tho charity's eurrènt activities whlle consideration is given to W8ys n which addTrtionoJ fLmds may be r818ed. This lev81 of wervgs h86 been maintalned throLtghout ￿ pen￿]. SINctu￿ gwMm4nc•, and maTragen*nt The trusleos who 89Ned during the tEriod and up to thè date of 8ignabJrg oflhe financlal 8tatgrnent5 ware.. Ms L Stedman Mr S Naal IApp)inted 6 January 20211 Mr D R8ek (Appointeil 6 January 2021) Ms WGray (Appointed 6 J8nL*ary 20211 {Apw'nhJ 6 January 2021) The thartys current pollcy LX)nceming the paymant tsf trade Cr￿ltOrS 13 to follow the C81's Prompt Payer8 Cod (copies are available frorn the CBI. C8ntr8 PThnt, 103 New OxFord Str88t. London WCIA 1DUI. Th8 rI)aii￿ c4Èrwt policy c￿Cem1n9 payrnent oftradB credltors is to.. selue the tsM￿ of payment with suppliers when agreeing the tsrm$ ofeach trdnsacbon. en$uTe that suppliers are mad8 aware of the t8rrnsofpayment by indusion ofthe rtsl8vanttsm15 Ill ¢JWtracts,' and • pay In aL¥X)rdance wth thè charivs contr8thJal end olher legal oblyJalions. Tra(J& ¢reditOTS of tha &*artty at the year4nd were eqwvalenl to 30 dals wrchase4 based on the average amount invoiwl by sup￿19￿$ duth)g th8 year. truste•s' report w98 approvgd by the Board ofTnJstees. M8 L Stedman Trv•te• D8te.' THE GENIES WISH CHARITY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE GENIES WISH CHARITY I report to the trustees on my examination of the finan¢taT statements of The Genies W5h Ch8rity (the for the period ended 31 March 2022. R8sponslbllltles and basls of report As the trustees of the Genie's Wish Charity, you are respf)n5ible for the preparation of thè financial statements in accordance wlh the requirements of the Charities Act 2011 Ith& 2011 Act). I report in respect of my examination of the Genie's Wish Charity's financial ststem8nts carried out un¢Jer sec*'on 145 of the 2011 Act. In carying out my examination I have followed all the applicable Dire¢tio)ns giv&n by the Charity Commi$$ion under section 1451Sllbl of the 2011 Act. Independgnt examlnefs statement Your attention is drawn lo the f8cl that the charity has prepared financial statements in a¢cordancè with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 in preference lo the Accounting and Reporting by Charities." Statement of R￿0Mmended Practice issued on 1 April 2005 which is referrea to in the extant regu181ions but has now been withdrawn. l unders18nd that this has been done for the fjnancial statements to provide a Iwe and fair ¥Trew in accordance wth Generally Accepted Accounting Practice effectNe for reporting penocfs beginning on or after 1 January 2015. I have con7pleted my examination. I confimi that no matters have come lo my attèntion in connection with the examination giving me caLJse lo beli&ve that in any material respect.. accounting rec4Jrds ware not kept in respect of the as required by section 130 of the 2011 act.. or the financial slalements do not accoid wlh those rewd5'. or the financial statements do not comply wth the applicable requiremen15 concerning the fom and content ot accounts 8et out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true ar￿ fair view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection wf(h the examin81ion lo which attentson should be drawn in this report to enable a proper understanding of thè financial slalements to b8 r•8¢hed Dated.. Zol(J l%.¢23 THE GENIES WISH CHARITY STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31 MARCH 2022 Unrestrl¢ted funds 2022 Income from: Donations anrrowngs in currènt liabiliti6S. Basic financial assets Basic financial assets. which include debtors and cash 8nd bank balances, a￿ initially measured al transaction pri¢e including transaction costs and are subsequenlly caTried al amortised cost using the effective interest method unl•ss the arrangement consts'lutes 8 finanrAng transaction. where the transaction is measured al th present value of the future receipts discounted at a market r*e of interest. Financial assets dassifi8d a8 receivable within one y$ar a￿ not amortised. Basic flnanclal Ilabllltles Basic financial li8bililies, including creditors and bank loans are initially recognised al transaction price unless the arr8ngemenl consb'tules a financing Iransaclion, where the debt instrument is measured at the present value ol the future payments discounted al a market rate of inte￿￿t. Financial liabilities dassified a$ payable within one year a￿ not arnorb'sed. Debt instrurnents are subsequentty carried at amorb'sed cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course ol operats"on$ frorn suppliers. Amoun15 payable are ¢la$sified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are reeogn15ed initially at transaction price and subsequtrnlly measured 81 arnortised cost using the effective interest method. Derecognition of financlalli&bilities Financial liabilities are dere¢ognised when the charity's contractual obligations expire or are discharged or ncelled. i.e Employee beneflts The cost of any unused hdiday entitlement 18 recognised in the period in vthich the employee's services are received. Temiination benèfits are recognised immediately as an expense when the charity 18 demonstrably committed lo terminate the employment of an employee or to provide termination bonefils. THE GENIES WISH CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2022 Crltlcal a¢¢ounllng estlmat•s and ludgements In the appllcation of the charity's accounting pollcies, the trustees are requlred to make judgements, estimates and assumptions about the carrying arnounl of assets and liabllilies that are not readily apparent from other sources. The estimates and associated assumptions are based on hlslorical experiencg and othor fact¢rs that are relev8nl. Actual results may differ from these ¢sts'males. Th8 e8timata8 and underfying assumptions a￿ reviewed on an ongoSng basis Revisions lo accounting estimates are reCogni￿d in the pèriod in which th8 eslirnate 1$ revised where the revi&on affects only th* period. or in the period of the revision and future periods where the revision affects both currant and future periods. Donatloni and legacl•• Unrestrlctsd fund• 2022 Donabons and gift8 93,745 R•lslng funds Unr••trlct•d fund• 2022 Staging fundraisin9 events 3,489 3,489 THE GENIES WISH CHARITY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2022 Charltable actlvlties Maklng Grants to Indlviduats 2022 Stsff c08ts Computer running costs Advertising Fundraising costs Insurance Travel and subslslenc8 Sundry èxpenses Charitable expenditu￿ heading 8 17.103 62 4.487 3,200 546 40 200 16 25,654 25,654 Trustees None of the trustees lor any pef50ns connected with them) received any remuneration or b8nefils frtsm tho during the period. Employee5 Tho average monthly number of employees during the period was.. 2022 Numbor Employmont costs 2022 Wages and $alarie3 17,103 There were no employe8s whose annual remuneratim was more than £60.OC4). R•tirement benefit schemes The charity operates a defined contribution pension s¢heme for all qualifying employees. The 8s8els of th¢ $¢herne are held separately from those of the in an independently administered fund. THE GENIES WISH CHARITY NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2022 Relat8d party transa¢tlons There were no disclosable related paty transactions during the period. 10- ## **Document Activity Report** ## **Document Sent** Mon, 30 Jan 2023 17:06:37 GMT ## **Document Activity History** Document history shows most recent activity first ## **Date** ## **Activity** You can verify that this is a genuine Portal document by uploading it to the following secure web page: **http://visualizeaccountants.accountantspace.co.uk/messages/VerifyDocument**