REGISTERED CHARITY NUMBER: 1193043
Noah's Star CIO
Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2023
33 Wirral Road
Birmingham West Midlands B31 1NX
REGISTERED CHARITY NUMBER: 1193043
Noah's Star CIO
Contents of the Financial Statements for the Year Ended 31 March 2023
| Page | |
|---|---|
| Contents of the Financial Statements | 1 |
| Report of the Trustees | 2 - 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 - 17 |
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REGISTERED CHARITY NUMBER: 1193043
Noah's Star CIO
Report of the Trustees
for the Year Ended 31 March 2023
The trustees who present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
To preserve and protect the physical, mental and emotional health of parents and families in the West Midlands caring for sick and preterm babies by offering hospital and community-based services, ancillary to those provided by medical professionals and which are not covered by statutory funding.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Noah's Star CIO is a Charitable Incorporated Organisation (CIO) and is registered with the Charity Commission in England. The Charity was incorporated on 8th January 2021.
Organisational structure
The administration of the Trust is effected by the Trustees whom meet regularly. The board of Trustees implements and monitors matters of policy.
ACHIEVEMENTS AND PERFORMANCE
Introduction
Noah’s Star began to provide support to families in 2017 based upon the lived experience of their founder. Her twin boys were born in July 2015 at only 25 weeks gestation. Devastatingly, Noah only lived for 30 hours, and Oscar spent 12 weeks within the Birmingham Women’s Hospital (BWH). During this incredibly challenging time, their founder noticed that whilst hospitals provide amazing medical support for premature and sick babies, this is where the support is focussed. As a result of the lack of psychological support available to families their mental health has suffered.
In response, Noah’s Star was established and officially registered as a charity in January 2020. Noah’s Star was created to support siblings of premature and sick babies. As the charity has grown, they have increased their support for the whole family. However, their priority is always focused on the sibling.
The year in review
In our second year we are delighted that we have had a such a positive impact on the families of sick and premature babies. We have been able to provide support to over 2000 families of premature and sick babies.
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REGISTERED CHARITY NUMBER: 1193043
Noah's Star CIO
Report of the Trustees
for the Year Ended 31 March 2023
ACHIEVEMENTS AND PERFORMANCE - continued
This support has included family support at Birmingham Women’s Hospital Neonatal Intensive Care Unit and Ronald McDonald House, our counselling sessions, peer mentoring, sibling mentoring, wellbeing workshops, monthly stay and play, themed stay and play sessions, creation and distribution of our sibling support workbook and story book and donations of items to local Neonatal Intensive Care Units.
The restrictions and difficulties imposed by the pandemic created challenges in reaching the people that need our service. However, we are really pleased to be providing regular sessions at Ronald McDonald House and will return to providing regular sessions at Birmingham Women’s Hospital in the next month.
We are proud that our stay and play group has increased to fortnightly session and the feedback from families has been fantastic. These groups enable parents to play in a safe and nonjudgmental environment with their baby whilst connecting with other parents with similar shared experiences The impact of peer support is invaluable.
Our work with other charities including Ronald McDonald House has helped us to reach more families at a time they desperately need the support.
The demand continues to increase for Noah’s Star support as more than 100,000 babies are born prematurely in the UK each year. A recent study concluded that 80% of parent’s mental health got worse after their time on the neonatal unit. However, 62% of parents didn’t have access to psychological support when they needed it on the neonatal unit. Parents with a premature baby are 50% more likely to experience psychological distress compared with parents who do not spend time on the unit.
We are grateful to our donors and supporters. We would also like to thank our team of staff, volunteers and trustees who enable us to continue to support families when their baby is born premature or sick.
The Future
2022 continued to create many challenges linked to the pandemic but also brought new opportunities and new ways of working. Our families needed us more than ever as they struggled with the crisis and trauma of their baby being born premature or sick. The impact this had on families was heightened as restrictions within NHS hospitals at times prevented families from visiting their babies.
As we moved through 2022 we was able to start offered a blended approach of support works for families and therefore we are pleased to offer a combination of remote and face to face support. The support offered will be built around the needs of the family.
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REGISTERED CHARITY NUMBER: 1193043
Noah's Star CIO
Report of the Trustees for the Year Ended 31 March 2023
ACHIEVEMENTS AND PERFORMANCE - continued
We will be continuing to expand our support into other Neonatal Units across the West Midlands (13 hospital units), increasing our stay and play groups to fortnightly and increasing the number of counselling sessions available to families.
FINANCIAL REVIEW
Financial Overview
The charity received income amounting to £24,391 (2021-22: £13,606) during the year. This includes grants received of £15,965 (2021-22: £10,000) and donations received of £3,256 (202122: £3,206). The charity was able to also generate income from providing training services which amounted to £5,170 (2021-22: £400) during the year.
The charity's expenditure for the year amounted to £23,610 (2021-22: £2,885) which includes direct costs amounting to £23,160 (2021-22: £2,435) and support costs amounting to £450 (2021-22: £450).
Notable expenditure includes £6,730 on staffing (2021-22: NIL), £4,838 on storage costs (202122: £200), £2,436 on training (2021-22: NIL), £2,230 on consultancy (2021-22: £200) and £1,647 (2021-22: NIL spent on events).
After taking all financial activity into account the charity made a £781 (2021-22: £10,721) surplus across all funds. This includes a surplus of £2,248 (2021-22: £1,021) in unrestricted funds, and a deficit of £1,467 in restricted funds (2021-22: £9,700 surplus).
At the end of the reporting period unrestricted reserves amount to £3,269 (2021-22: £1,021) and restricted reserves, which includes grant received in advance, amount to £8,233 (2021-22: £9,700). Total reserves amount to £11,502 (2021-22: £21,442).
Reserves policy
The trustees have agreed to a policy to build an unrestricted reserves position of a minimum of 3 months unrestricted expenditure. Based on current unrestricted reserves of £3,269 this policy has been achieved.
Going concern
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements.
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REGISTERED CHARITY NUMBER: 1193043
Noah's Star CIO
Report of the Trustees for the Year Ended 31 March 2023
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1193043
Registered office
33 Wirral Road Birmingham West Midlands B31 1NX
Chief Executive Officer
Jo-Anne Shellum
Trustees
Jo-Anne Shellum Gemma Albanese Charles Rapson (resigned 21 September 2022) Nicola Skipwith (Chair) Christopher Baker Sarah Lilly
Accountants
SAB Accountancy Services Ltd 102 Hamstead Road Great Barr Birmingham B43 5BN
Bankers
Co-operative Bank 1 Balloon Street Manchester M60 4EP
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REGISTERED CHARITY NUMBER: 1193043
Noah's Star CIO
Report of the Trustees for the Year Ended 31 March 2023
STATEMENT OF TRUSTEES RESPONSIBILITIES
The trustees are responsible for preparing the report of the trustees and the financial statements in accordance with applicable law and United Kingdom accounting standards (United Kingdom Generally Accepted Accounting Practice).
In preparing those financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charity SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on 28 October 2023 and signed on its behalf by:
Nicola Skipwith Trustee
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REGISTERED CHARITY NUMBER: 1193043
Noah's Star CIO
Statement of Financial Activities
for the Year Ended 31 March 2023
| 2022/23 2022/23 Unrestricted Restricted funds funds Notes £ £ INCOME AND ENDOWMENTS FROM Charitable activities Charitable activities 2 5,281 13,940 Other trading activities 3 5,170 - Total 10,451 13,940 EXPENDITURE ON Charitable activities Charitable activities 4 8,203 15,407 Total 8,203 15,407 NET INCOME 2,248 1,467 - Transfer between funds - - RECONCILIATION OF FUNDS 7 Total funds brought forward 1,021 9,700 TOTAL FUNDS CARRIED FORWARD 3,269 8,233 |
2022/23 Total funds £ 19,221 5,170 24,391 23,610 23,610 781 - 10,721 11,502 |
2021/22 Total funds £ 13,206 400 13,606 2,885 2,885 10,721 - - 10,721 |
|---|---|---|
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
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REGISTERED CHARITY NUMBER: 1193043
Noah's Star CIO
Balance Sheet At 31 March 2023
| 2022/23 2022/23 Unrestricted Restricted funds funds Notes £ £ CURRENT ASSETS Cash at bank and in hand 4,042 8,233 Debtors 5 - - 4,042 8,233 CREDITORS Amounts falling due within one year 6 773 - - NET CURRENT ASSETS/(LIABILITIES) 3,269 8,233 TOTAL ASSETS LESS CURRENT LIABILITIES 3,269 8,233 NET ASSETS 3,269 8,233 FUNDS 7 Unrestricted funds 3,269 - Restricted funds - 8,233 3,269 8,233 |
2022/23 Total funds £ 12,275 - 12,275 773 - 11,502 11,502 11,502 3,269 8,233 11,502 |
2021/22 Total funds £ 8,483 2,688 11,171 450 - 10,721 10,721 10,721 1,021 9,700 10,721 |
|---|---|---|
The directors acknowledge their responsibilities with respect to the accounting records and the preparation of the accounts.
The charity's trustees consider that an audit is not required for this year, under Section 144 of the Charities Act 2011 (the 2011 Act) - in accordance with section 145 of the Charities Act 2011 the accounts are not required to be independently examined for this reporting period.
The financial statements were approved by the Board of Trustees on 28 October 2023 and were signed on its behalf by:
Nicola Skipwith Trustee
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REGISTERED CHARITY NUMBER: 1193043
Noah's Star CIO
Notes to the Financial Statements
for the Year Ended 31 March 2023
1 ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable entity have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 ' The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then the income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.
Income from trading activities includes income earned from fundraising events, trading activities and the charges of premises costs to tenants. Income is received in exchange for supplying goods and services, in order to raise funds and is recognised when entitlement has occurred.
Income from grants, whether 'capital' grant or 'revenue' grants, is recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is usually upon notification of interest paid or payable by the Bank.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs relating to the category. Where costs cannot be directly attributed to a particular heading they have been allocated to activities on a basis consistent with the use of resources. Expenditure is classified under the following activity headings:
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REGISTERED CHARITY NUMBER: 1193043
Noah's Star CIO
Notes to the Financial Statements for the Year Ended 31 March 2023
1 ACCOUNTING POLICIES
Expenditure - continued
Expenditure on charitable activities includes the direct costs of activities undertaken to further the purposes of the charity, including grants payable and all associated support costs.
Cost of raising funds comprises the costs of commercial trading.
Support costs are those that assist the work of the charity but do not directly represent charitable activities and include governance costs and administrative support costs. They are incurred directly in support of expenditure on the objects of the charity. Where support costs cannot be directly attributed to particular headings they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with the use of resources.
Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Taxation
The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010.
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REGISTERED CHARITY NUMBER: 1193043
Noah's Star CIO
Notes to the Financial Statements for the Year Ended 31 March 2023
1 ACCOUNTING POLICIES
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
A detailed summary of each fund, both restricted and unrestricted, is included in the notes to the financial statements on page 14.
Trustees remuneration and benefits
Jo-Anne Shellum who is the Chief Executive Officer and a Trustee of the charity received remuneration amounting to £6,730 for her role as Chief Executive Officer. No remuneration was paid to Jo-Anne Shellum in relation to her ordinary duties as a Trustee. Her role as a Trustee is undertaken in a voluntary capacity.
Any and all remuneration has been paid in accordance with the charity's constitution, effective
from 21 May 2020.
No Trustees received remuneration for the year ended 31 March 2022.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2023, nor for the year ended 31 March 2022 with the exception of reasonable out of pocket expenses.
2 INCOME FROM CHARITABLE ACTIVITIES
| Grants Donations 3 INCOME FROM OTHER TRADING ACTIVITIES Training services |
2022/23 £ 15,965 3,256 19,221 2022/23 £ 5,170 |
2021/22 £ 10,000 3,206 13,206 2021/22 £ 400 |
|---|---|---|
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REGISTERED CHARITY NUMBER: 1193043
Noah's Star CIO
Notes to the Financial Statements for the Year Ended 31 March 2023
4 EXPENDITURE ON CHARITABLE ACTIVITIES
| Direct costs Support costs 5 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Prepayments 6 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accrued Expenditure |
2022/23 £ 23,160 450 23,610 2022/23 £ - 2022/23 £ 773 |
2021/22 £ 2,435 450 2,885 2021/22 £ 2,688 2021/22 £ 450 |
|---|---|---|
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REGISTERED CHARITY NUMBER: 1193043
Noah's Star CIO
Notes to the Financial Statements for the Year Ended 31 March 2023
7 MOVEMENT IN FUNDS
| Unrestricted funds General fund Restricted funds Awards for All Saturday Hospital Fund Un Ltd TOTAL FUNDS |
At 01.04.22 £ 1,021 9,700 - - 9,700 10,721 |
Net movement in funds £ 2,248 2,737 - 1,270 - 1,467 - 781 |
Transfer between funds £ - - - - - - |
At 31.03.23 £ 3,269 6,963 1,270 - 8,233 11,502 |
|---|---|---|---|---|
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Awards for All Saturday Hospital Fund Un Ltd TOTAL FUNDS |
Incoming resources £ 10,451 10,000 2,000 1,940 13,940 24,391 |
Resources expended £ 8,203 12,737 730 1,940 15,407 23,610 |
Movement in funds £ 2,248 2,737 - 1,270 - 1,467 - 781 |
|---|---|---|---|
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REGISTERED CHARITY NUMBER: 1193043
Noah's Star CIO
Notes to the Financial Statements
for the Year Ended 31 March 2023
7 MOVEMENT IN FUND - continued
General Fund - This relates to general unrestricted funds including donations, training services and unconditional grants towards to be used towards the cost of general activities associated with the operations of Noah's Star.
The Awards for All grant was awarded to provide our support at Birmingham Women’s Hospital for a period of 12 months. The money is used to fund the project administrator salary and volunteer expenses.
The Saturday Hospital Fund was awarded for a 12 month period towards the costs of our counsellor.
The Un Ltd grant was awarded to enable us to cover some of our core costs to provide support at Ronald McDonald House and our stay and play groups. This included money to cover insurance, volunteer expenses, IT equipment, marketing materials and volunteer uniforms. This was awarded for a 12-month period.
| 8 STAFF COSTS AND ASSOCIATED EXPENSES Wages and salaries |
2022/23 £ 6,730 |
2021/22 £ - |
|---|---|---|
The average monthly number of employees during the year was 1 (2021-22: NIL)
| 2022/23 | 2021/22 | |
|---|---|---|
| Part time | 1 | - |
No employees received emoluments in excess of £60,000.
The Charity considers its key management personnel to be its board of Trustees and the Chief Executive Officer. Trustees receive no remuneration or other benefits from the charity for their Trustee duties.
9 LEASING AGREEMENTS
There were no minimum lease payments under non-cancellable operating leases for the year ended 31 March 2023, nor for the year ended 31 March 2022
10 RELATED PARTY TRANSACTIONS
There were no related party transactions for the year ended 31 March 2023, nor for the year ended 31 March 2022
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REGISTERED CHARITY NUMBER: 1193043
Noah's Star CIO
Notes to the Financial Statements for the Year Ended 31 March 2023
11 COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
| 2021/22 2021/22 Unrestricted Restricted funds funds £ £ INCOME AND ENDOWMENTS FROM Charitable activities Charitable activities 3,206 10,000 Other trading activities 400 - Total 3,606 10,000 EXPENDITURE ON Charitable activities Charitable activities 2,585 300 Total 2,585 300 NET INCOME 1,021 9,700 Transfer between funds - - RECONCILIATION OF FUNDS Total funds brought forward - - TOTAL FUNDS CARRIED FORWARD 1,021 9,700 |
2021/22 Total funds £ 13,206 400 13,606 2,885 2,885 10,721 - - 10,721 |
|---|---|
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REGISTERED CHARITY NUMBER: 1193043
Noah's Star CIO
Notes to the Financial Statements for the Year Ended 31 March 2023
12 COMPARATIVE BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2022
| 2021/22 2021/22 Unrestricted Restricted funds funds £ £ CURRENT ASSETS Cash at bank and in hand 984 7,499 Debtors 487 2,201 1,471 9,700 CREDITORS Amounts falling due within one year 450 - - NET CURRENT ASSETS/(LIABILITIES) 1,021 9,700 TOTAL ASSETS LESS CURRENT LIABILITIES 1,021 9,700 NET ASSETS 1,021 9,700 FUNDS Unrestricted funds 1,021 - Restricted funds - 9,700 1,021 9,700 |
2021/22 Total funds £ 8,483 2,688 11,171 450 - 10,721 10,721 10,721 1,021 9,700 10,721 |
|---|---|
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REGISTERED CHARITY NUMBER: 1193043
Noah's Star CIO
Notes to the Financial Statements for the Year Ended 31 March 2023
13 COMPARATIVE MOVEMENT IN FUNDS FOR THE YEAR ENDED 31 MARCH 2022
| Unrestricted funds General fund Restricted funds Awards for All TOTAL FUNDS |
At 08.01.21 £ - - - |
Net movement in funds £ 1,021 9,700 10,721 |
Transfer between funds £ - - - |
At 31.03.22 £ 1,021 9,700 10,721 |
|---|---|---|---|---|
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Awards for All TOTAL FUNDS |
Incoming resources £ 3,606 10,000 13,606 |
Resources expended £ 2,585 300 2,885 |
Movement in funds £ 1,021 9,700 10,721 |
|---|---|---|---|
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