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2024-12-31-accounts

Charity number; 1197746

Trustees’ Annual Report for the year ended 31 December 2024

1. Message from the Chair

Dear Friends and Supporters,

Reflecting on 2024, I am both humbled and inspired by what Larsen’s Pride has been able to achieve. Our mission to support children living with brain tumours has remained at the centre of all we do, and this past year has seen important progress as well as meaningful moments of hope.

The dedication and generosity of our community—whether through donations, volunteering, or partnership—has enabled us to bring courage and comfort into families’ lives during their most challenging times. It is a privilege to witness the difference your support makes.

As we turn towards 2025, our determination is stronger than ever to reach more children and to build on the foundations we have laid. We know we could not do this work without you, and we are deeply grateful for your ongoing commitment to our cause.

With gratitude, Holly Roberts

Chair, Larsen’s Pride

2. Summary of the Charity's Purposes as Set Out in Its Governing Document

Larsen's Pride is dedicated to improving the lives of children diagnosed with brain tumours by providing emotional and practical support, promoting awareness, and facilitating access to specialised care and treatment. Our charity is committed to offering comfort, care, and resources to help alleviate the challenges faced by these children and their families during such a challenging time. Our purposes, as set out in our governing document, include x Supporting children with brain tumours through the provision of therapeutic toys and emotional support. x Raising public awareness of the challenges faced by these children and their families. x Supporting treatment centres with resources that can improve the quality of care provided to children undergoing treatment

3. Summary of Main Actvites, Projects, and Events

Our Main Activities in 2024 were:

o Dear Larsen’s Pride

Our 5-year-old boy was given a beautiful soft tiger today at his radiotherapy session at UCLH and he has been cuddling it since. Thank you so much for making his day and giving him a cuddly friend he can snuggle with, he loves cats and loves his tiger. We really appreciate it x (June 2024)

4. Financial Overview

Statement Explaining the Policy for Holding Reserves

5. Statement on Public Beneft

The Trustees of Larsen’s Pride confirm that, throughout 2024, they have had due regard to the Charity Commission’s guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities. All work undertaken during the year has been focused on advancing our charitable purposes for the benefit of the public, with a particular emphasis on supporting children affected by brain tumours and their families.

6. Risk Management

At Larsen’s Pride, we recognise that careful risk management is vital to ensuring our sustainability and effectiveness. The Trustees regularly assess potential risks and implement measures to reduce their impact. The following key risks and mitigations were identified in 2024:

1. Economic Pressures and Fundraising

Mitigation: We continue to diversify our income by applying for grants, strengthening corporate partnerships, and developing creative fundraising campaigns.

2. Rising Operational Costs

3. Staffing and Volunteer Capacity

4. Reputation and Public Trust

5. Legal and Regulatory Compliance

6. Cybersecurity and Data Protection

Ongoing Monitoring

The Trustees remain committed to continually reviewing and strengthening our risk management framework, adapting to new challenges as they emerge. This proactive approach helps to ensure Larsen’s Pride remains resilient and able to deliver its mission effectively.

7. Summary of the Charity’s Main Achievements in 2024

Looking ahead to 2025, we are excited to build on this momentum with new projects and partnerships that will bring comfort, support, and hope to even more children.

The Trustees’ Report was approved by the Board of Trustees.

Signed

Holly Roberts

Chair of Larsen’s Pride

Date: 13/10/2025

LARSEN’S PRIDE

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

CHARITY NUMBER: 1197746

CONTENTS

Trustees’ Annual Report 2
Statement of Receipts and Payments 8
Statement of Assets and Liabilities 9
Notes to the Accounts 10

2

Larsen’s Pride

Trustees’ Annual Report

For the Year ended 31 December 2024

1. Message from the Chair

Dear Friends and Supporters,

Reflecting on 2024, I am both humbled and inspired by what Larsen’s Pride has been able to achieve. Our mission to support children living with brain tumours has remained at the centre of all we do, and this past year has seen important progress as well as meaningful moments of hope.

The dedication and generosity of our community—whether through donations, volunteering, or partnership—has enabled us to bring courage and comfort into families’ lives during their most challenging times. It is a privilege to witness the difference your support makes.

As we turn towards 2025, our determination is stronger than ever to reach more children and to build on the foundations we have laid. We know we could not do this work without you, and we are deeply grateful for your ongoing commitment to our cause.

With gratitude,

Holly Roberts

Chair, Larsen’s Pride

2. Summary of the Charity's Purposes as Set Out in Its Governing Document

Larsen's Pride is dedicated to improving the lives of children diagnosed with brain tumours by providing emotional and practical support, promoting awareness, and facilitating access to specialised care and treatment. Our charity is committed to offering comfort, care, and resources to help alleviate the challenges faced by these children and their families during such a challenging time. Our purposes, as set out in our governing document, include x Supporting children with brain tumours through the provision of therapeutic toys and emotional support. x Raising public awareness of the challenges faced by these children and their families. x Supporting treatment centres with resources that can improve the quality of care provided to children undergoing treatment

3. Summary of Main Activities, Projects, and Events

Our Main Activities in 2024 were:

3

such as: books, stress toys, sticker charts and a printed document with guidance on how to use the resources and the importance of engaging with younger children on the correct cognitive and communicative level.

4

4. Financial Overview

Financial Review

Review of the charity's financial position at the end of the period:

During 2024 we saw income of £20,343 generated. Primarily, this income was generated from individual donations and fundraising activity. Expenditure totalled £18,488, with the most significant expenditure of £6,312 on Jellycat soft toys. The closing balance for the year was £22,588, which was a pleasing performance as the expenses of the year were slightly lower than income. In tough economic circumstances, we managed to achieve another small surplus for the year, which meant no impact on reserves. It is anticipated that financial conditions will continue to be challenging; however, as the charity continues to progress, there will be greater opportunity to apply for funds from grants and trusts.

Statement Explaining the Policy for Holding Reserves

Larsen's Pride received minimal (£261) donations that were restricted in the year and primarily used unrestricted funds in 2024 to meet its charitable purposes. To provide assurances to the children and families that we support and security for our suppliers, the trustees consider it appropriate to hold reserves of at least £10,000, equivalent to 12 months' operating expenditure.

Amount of Reserves Held

At the end of the year, it was again agreed that the charity would continue to always retain £10,000 in reserve. The remainder, £12,588, is due to be spent in 2025/2026, with several projects earmarked for remaining funds, including radiotherapy filming, animation, and maintaining the number of treatment centres supported with Jellycat at 10.

Explanation of Any Uncertainties About the Charity Continuing as a Going Concern

The charity has a limited number of fixed outgoings and remains in a healthy position going into 2025/2026, so the Trustees are confident of our status as a Going Concern.

Investment Policy and Objectives, Including Any Social Investment Policy Adopted

Larsen's Pride does not have any investments as of the year end (31st December 2024). In May 2024, we set up an interest-bearing bank savings account with our current bank (HSBC) to generate interest on some of our held funds. The Trustees are comfortable with this type of low to zero risk investment and would still not be looking to expand the investment policy any further or increase the risk appetite in this area.

5

5. Statement on Public Beneft

The Trustees of Larsen’s Pride confirm that, throughout 2024, they have had due regard to the Charity Commission’s guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities. All work undertaken during the year has been focused on advancing our charitable purposes for the benefit of the public, with a particular emphasis on supporting children affected by brain tumours and their families.

6. Risk Management

At Larsen’s Pride, we recognise that careful risk management is vital to ensuring our sustainability and effectiveness. The Trustees regularly assess potential risks and implement measures to reduce their impact. The following key risks and mitigations were identified in 2024:

1. Economic Pressures and Fundraising

Risk: Ongoing economic uncertainty may reduce individual giving and make fundraising more challenging.

Mitigation: We continue to diversify our income by applying for grants, strengthening corporate partnerships, and developing creative fundraising campaigns.

2. Rising Operational Costs

Risk: Increased prices for essential resources, including therapeutic toys and distribution costs, may affect our ability to deliver programmes.

Mitigation: We collaborate closely with suppliers to negotiate best value, seek donations in kind, and monitor expenditure carefully to maintain quality while managing costs.

3. Staffing and Volunteer Capacity

Risk: As a small charity reliant on volunteers, difficulties in recruitment or retention could limit delivery of services.

Mitigation: We focus on providing a rewarding volunteer experience, offering training and recognition, and running recruitment initiatives to build capacity.

4. Reputation and Public Trust

Risk: Any negative publicity could impact our credibility and fundraising efforts.

Mitigation: We uphold ambitious standards of governance, transparency, and safeguarding, with clear policies in place and a crisis response plan if required.

5. Legal and Regulatory Compliance

Risk: Failure to comply with charity law and other regulatory requirements could affect our charitable status.

Mitigation: Trustees keep up to date with changes in regulation through training and professional advice, ensuring all reporting and compliance obligations are met on time.

6

6. Cybersecurity and Data Protection

Risk: Increasing digital activity raises the potential for cyberattacks or data breaches.

Mitigation: We maintain strong cybersecurity protocols, regular staff training, GDPR compliance, and ongoing policy reviews to safeguard sensitive data.

Ongoing Monitoring

The Trustees remain committed to continually reviewing and strengthening our risk management framework, adapting to new challenges as they emerge. This proactive approach helps to ensure Larsen’s Pride remains resilient and able to deliver its mission effectively.

7. Summary of the Charity’s Main Achievements in 2024

Expanded Reach: Our Jellycat Soft Toy Programme grew further, reaching even more children in treatment centres across the UK.

Fundraising Growth: Despite a tough economic climate, we sustained our income, supporting current programmes and strengthening reserves for the future.

Partnership Development: We deepened our collaborations with healthcare professionals and other charities, broadening the support available to children and families.

Looking ahead to 2025, we are excited to build on this momentum with new projects and partnerships that will bring comfort, support, and hope to even more children.

The Trustees’ Report was approved by the Board of Trustees.

Signed

Holly Roberts

Chair of Larsen’s Pride

Date: 13/10/2025

7

Larsen’s Pride

Statement of Receipts and Payments

For the Year ended 31 December 2024

Note
s
Unrestricted
Funds
2024
£
Restricted
Funds
2024
£
Receipts
2
Donations
19,880
-
Bank interest
received
202
-
Jellycat “Big Cats”
-
261
Total Receipts
20,082
261
Payments
Charitable activities
3a
17,278
261
Governance costs
3b
951
-
Total Payments
18,279
261
Net of receipts and
payments
1,853
-
Transfers between
funds
-
-
Bank and cash
funds brought
forward
20,733
-
Bank and cash
funds carried
forward
22,586
-
Total
2024
£
19,880
202
261
20,343
17,539
951
18,490
1,853
-
20,733
22,586
Total
2023
£
21,049
-
-
21,049
19,734
1,020
20,754
295
-
20,438
20,733

8

Larsen’s Pride

Statement of Assets and Liabilities

For the Year ended 31 December 2024

31 31
December December
2024 2023
£ £
Asset (cash funds)
Cash and bank deposits 22,588 20,733
Assets retained for the charity’s own use
Stock (Jellycat toys, 30 x small) 600 106
Stock (Tote bags x 50) 50 2,780
Robot (for digital / remote school attendance) 2,780 550
IT Equipment 550 -
Liabilities
Independent examination fee 822 780
Net assets 25,746 23,389

Approved by the Trustees on 13/10/2025

Signed on their behalf by Holly Roberts (Chair of Trustees)

9

Larsen’s Pride

Notes to the Accounts

For the Year ended 31 December 2024

1. BASIS OF ACCOUNTING

The accounts have been prepared under the "Receipts and Payments" basis as prescribed by the Charity Commissioners. The accounts are prepared on a going concern basis.

2. RECEIPTS

ECEIPTS
Income
Just Giving
Donations
Other receipts
PayPal
Refunds
Total income
AYMENTS
a) Cost of activities in furtherance of Charity
objects
Bank Charges
Website Costs
PayPal
Giving.com
Jellycat “Big Cats”
Postage
Resources
Other fundraising costs
Travel
Media Support
T Shirts
Other costs
b) Governance costs
Accounting fees
Total payments
Total
2024
£
17,406
2,473
202
261
20,343
Total
2024
£
63
-
2,556
216
6,313
290
2,802
4,009
487
-
-
802
951
18,490
Total
2023
£
12,283
8726
-
-
40
21,049
Total
2023
£
68
118
1,449
216
7,974
309
4,803
1,324
859
1,610
321
682
1,020
20,754

3. PAYMENTS

10

c) Analysis by Fund
Unrestricted Funds
Restricted Funds
18,229
261
18,490
20,754
-
20,754

The restricted fund relates to the supply of Jellycat "Big Cats" to treatment centres

4. PAYMENTS TO TRUSTEES

No remuneration was paid to the Trustees.

11