Trustees’ Annual Report for the period
From 01.01.24 Period start date To Period end date
31.12.24
Charity name: Therapy Stars Foundation
Charity registration number: 1196925
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | For the public benefit, to relieve the needs of children and young people up to the age of 18 who have a long term or life limiting illness and/or disability and their families through: Providing funding for recognised therapies and counselling to relieve their needs; Providing peer support services to families_._ |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
The main activity of the charity at present is to provide grants of up to £500 to fund recognised therapies for children with disabilities, under 18 years, who live in North & Mid Wales, Shropshire & Cheshire. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees have had regard to the Charity Commission’s guidance on public benefit when planning all events and determining how best to utilise funds raised. |
Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | The Trustees adopted a Grant Making Policy for Therapy Stars Foundation in June 22. This sets out the criteria by which the Trustees will consider and award all grant applications. The policy will be reviewed annually by Trustees to make sure that it continues to ensure that it fully reflects the charity’s objects. |
| Policy on social investment including program related investment |
Para 1.38 | N/A |
| Contribution made by volunteers |
Para 1.38 | We are grateful for volunteers who have supported and organised fund-raising events during 2024. |
| Other |
Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | 2024 During 2024 we awarded 16 therapy grants. These were for a mix of therapies including Physiotherapy, Music Therapy, Hippotherapy and Hydrotherapy. We awarded grants to families based in Shropshire, Cheshire, North & Mid Wales – so all 4 areas that we support. We received positive testimonials from several families to express how important the funding was for their child’s therapy access. In terms of fundraising, we introduced both a Duck Race and a Summer Cash Builder to raise funds throughout the year, alongside our usual Xmas Raffle and Wrexham Lottery. We had the support of Whittington Senior Citizens Club who raised funds through Bingo Nights. We were grateful to the family of Anthony Ranfield who sent us donations in lieu of flowers at Anthony’s funeral. |
| Additional information (optional) You may choose to include further statements |
Additional information (optional) You may choose to include further statements |
where relevant about: |
|---|---|---|
| Achievements against objectives set |
Para 1.41 | The focus for the year was continuing to raise the profile within our local areas and explore future fundraising opportunities. We introduced a newsletter to try to improve communication with our donors and previous recipients. We also created a Donor Pack to be available with all relevant information and testimonials to share when needed. In January we introduced provider check ins to assess how successful the grants awarded have been. In Sept we decided to improve this further by creating an email template to be sent out at 6 months post award. In February we agreed to extend the areas that we support families in to include Mid Wales. |
| Performance of fundraising activities against objectives set |
Para 1.41 | We have been able to raise enough funds to award the grants that have been applied for during 2024. We planned for future years to secure further funding to enable us to continue to increase the grants we are able to award year on year. |
| Investment performance against objectives |
Para 1.41 | |
| Other |
Financial Review
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Financial Report 2024 Therapy Stars Foundation had a starting balance of£13,726.04 |
|---|---|---|
January Income - We received donations of £30 from Wrexham Lottery, £26.10 from Just Giving and £751.64 from Go Fund Me from the launch. A total of £807.64 Expenditure - £9.20 for Google drive, £20 for lottery licence for the year and £120 for the running of the website. A total of £149.20 February Income - We received donations of £500 from Ellesmere League of Friends, £250 from Maelor South Community Council and £35.50 from Wrexham Lottery. Charity donations received of £184, £227.72 and £4.75 from Just Giving. A total of £1,201.97 Expenditure - £9.20 Google drive. Total £9.20 March Income - Wrexham Lottery £26 and Just Giving £19.42. A total of £45.42 Expenditure - £9.20 Google Drive, £23.21 Albelli photo print for thank you cards and £39 for our charity Balloon race. We awarded two grants. One for £500 and one for £498. A total of £1,069.41 April Income - £26 from Wrexham Lottery. A total of £26 Expenditure - Google Drive (Annual Fee) £121.78 and Amazon £50 (Duck Race prize). We awarded a grant of £450. A total of £621.78 May Income - We received £193.60 from our Charity Balloon race and £32.50 from Wrexham Lottery. A total of £226.10 Expenditure - Zero June Income - £26 from Wrexham Lottery, and charity donations of £65 and £194. A total of £285 Expenditure - We were able to award 4 grants of £500 a total of £2,000 July Income - £26 from Wrexham Lottery, £110 from Therapy Stars donated therapy sessions, £25 from the Conde AD summer cash builder fundraiser, £20 raffle and charity donations totalling £26. Total £207
| Expenditure - Cash Builder prize awarded £55. 2 Grants awarded: one for £200 and one for £480. A total of£735 Aug Income - Wrexham Lottery £32.50 and PayPal donation of £39.32. A total of£71.82 Expenditure -Zero Sept Income - Wrexham lottery £26. A total of£26 Expenditure - We awarded 3 grants: £500, £498 and £400. A total of£1,398 Oct Income - Wrexham Lottery £32.50. A total £32.50 Expenditure - We awarded a grant of £490. A total of£490 Nov Income - Go Fund Me donation £14.51. Just Giving £81.73. Wrexham Lottery £26. The Blakemore Foundation Grant £30. Group and Lei donation of £500. A total of£652.24 Expenditure -Zero Dec Income - Wrexham Lottery £26. Just Giving a total of £391.95. Raffle £300, Bingo £273, Donations totalling £97. A total of£1,087.95 The total income for the year was £4,669.74 and the outgoings were £6,472.59.The excess of expenditure over income was £1,802.85 and the account balance on 31st December 2024 was £11,923.19. |
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|---|---|---|
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | Financial Management Policy adopted Jun 2023 which includes £3000 reserve amount. If amount in bank falls below £4000 committee will be informed in order to plan for further fund raising. |
| Amount of reserves held | Para 1.22 | £3000. |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | N/A |
| Additional information (optional) You may choose to include further statements |
Additional information (optional) You may choose to include further statements |
where relevant about: |
|---|---|---|
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Fundraising during 2024 was from a mix of donations, raffles and lottery. We ran both a Duck Race and Cash Builder to raise funds. We had funds raised by a local Senior Citizens |
Club running Bingo nights through the year. We were also successful in obtaining funding from grants during the year. Investment policy and objectives including any social investment policy adopted Para 1.46 A description of the principal risks facing the charity Para 1.46 Other
Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document | Para 1.25 | Constitution adopted Nov 2021. |
| How is the charity constituted? |
Para 1.25 | CIO |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Apart from the first charity trustees, every trustee must be appointed for a term of three years by a resolution passed at a properly convened meeting of the charity trustees. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. Skills audits are undertaken regularly by Trustees to highlight any areas that we may need support in and how this may impact any new Trustee decision. |
Additional information (optional) You may choose to include further statements where relevant about:
Policies and procedures adopted for the induction and training of trustees Para 1.51 The charity’s organisational structure and any wider network with which the charity works Para 1.51 Relationship with any related parties Para 1.51 Other
Reference and Administrative details
| Charity name | Therapy Stars Foundation |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1196925 |
| Charity’s principal address | Unit 36, Penley Industrial Estate, Penley, Wrexham, LL13 0LQ |
|---|---|
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Deb Whalley | Treasurer | |||
| Suzanne Allcock | ||||
| Sian Boffey | ||||
| Helen Hutcheson | Chair | |||
| Lisa Aird | Secretary | |||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
Funds held as custodian trustees on behalf of others Description of the assets N/A held in this capacity
Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
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