Trustees’ Annual Report for the period
From 09/06/2022 To 08/06/2023
Charity name: The Little Ted Foundation
Charity registration number: 1199247
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The relief of need of bereaved families following the loss of a child (under 18) and the families and caregivers of seriously ill children (under 18) |
| 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 |
Providing grants, items and holiday accommodation to individuals in need and/or charities, or other organisations working to relieve the need of bereaved families or those with seriously ill children. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | The trustees of The Little Ted Foundation hereby confirm that, in fulfilling their duties and responsibilities, they have had regard to the guidance issued by the Charity Commission on public benefit. |
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 | The Little Ted Foundation's dedication to supporting families facing serious illness or bereavement is truly remarkable. Through their various initiatives, they have made a significant difference in the lives of countless families across the UK, providing comfort, solace, and opportunities to create lasting memories during challenging times. Financial Assistance and Memory Making Funding: The foundation's provision of financial assistance to 170 families across the UK, along with Memory Making funding, has been instrumental in allowing families to make the most of their time together during difficult circumstances. This support has alleviated financial burdens and enabled families to create cherished memories despite the challenges they face. |
Reunification and Special Occasions: Families have been able to reunite and spend valuable time together, often for the first time since their child's birth. Additionally, the foundation's support has allowed families to celebrate special occasions, such as a much longed-for 6th birthday party for a terminally ill child. These moments of joy and togetherness are invaluable for families navigating through tough times. Recreational Activities and Respite: Families have also benefited from recreational activities, such as days out at the zoo, following extended hospital stays. Furthermore, the opportunity to enjoy breaks at Little Ted's Lodge provides much-needed respite and a peaceful environment for families to relax and heal. Support for Bereaved Families: The foundation's provision of breaks at Little Ted's Lodge to bereaved families is a testament to their commitment to supporting families through the grieving process. Each family receives a Getaway Grant, enabling them to have a stress-free break and make memories or honour the memory of their lost child. Peace and Healing: Little Ted's Lodge serves as a sanctuary for families, offering them a tranquil retreat in the foothills of Mount Snowdon. It provides a space where families can find peace, reflect, and heal together amidst the natural beauty of the surroundings. In its first year, The Little Ted Foundation demonstrated remarkable success and community support, raising a total of £97,535.42. This impressive fundraising effort reflects the generosity and dedication of the foundation's supporters towards its charitable objectives. Out of the total funds raised, £81,451.68 were allocated towards supporting the foundation's charitable objectives. This allocation underscores the foundation's commitment to utilising the funds raised effectively and efficiently to make a meaningful impact in the lives of families with seriously ill children or experiencing bereavement. The transparent and responsible use of funds highlights the foundation's dedication
to its mission and ensures that resources are directed towards initiatives that directly benefit its beneficiaries. This achievement serves as a testament to the hard work, passion, and generosity of the foundation's supporters, enabling The Little Ted Foundation to fulfil its mission and make a positive difference in the lives of those it supports.
Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | Financial reserves = Total funds raised - Funds used for charitable objectives Financial reserves = £97,535.42 - £81,451.68 Financial reserves = £16,083.74 Therefore, The Little Ted Foundation had financial reserves of £16,083.74 at the end of the period. These reserves represent the remaining funds available for future use in supporting the foundation's charitable initiatives and objectives. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The Little Ted Foundation aims to maintain reserves equivalent to £12,000. This target has been determined based on a comprehensive assessment of the organisation's financial needs, operational requirements, and risk tolerance. This essentially funds a full year ahead of unfunded breaks to Little Ted’s Lodge, should the charity face unforeseen circumstances or fluctuations in fundraising. |
| Amount of reserves held | Para 1.22 | £12,000 |
| Reasons for holding zero reserves |
Para 1.22 | |
| Details of fund materially in deficit |
Para 1.24 | |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 |
Structure, Governance and Management
Description of charity’s trusts:
| Type of governing document (trust deed, royal charter) |
Para 1.25 | CIO Foundation Model Constitution |
|---|---|---|
| How is the charity constituted? (e.g unincorporated association, CIO) |
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 | Trustees are appointed by the board of Trustees and meet four times a year to consider proposals and deal with the governance of the charity. Initially the charity started the year with 5 trustees- Jessica Neal, Nicola Tusa, Sammy McKelvey, Lee Neal & Georgia Fish. Jessica Neal stepped down as trustee in April 2023 to take up temporary, part time employment by the charity. |
Reference and Administrative details
| Charity name | The Little Ted Foundation |
|---|---|
| Other name the charity uses | |
| Registered charity number | 1199247 |
| Charity’s principal address | 33 James Drive Calverton Nottingham NG14 6RJ |
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) |
|---|---|---|---|---|
| Jessica Neal | Chair | 09/06/22-31/03/23 | ||
| Lee Neal | ||||
| SammyMckelvey | ||||
| Nicola Tusa | ||||
| Georgia Fish | ||||
– 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 held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Lee Neal Position (eg Secretary, Chair Chair, etc) Date 08/04/2024
Charity Name No (if any) The Little Ted Foundation 1199247 Receipts and payments accounts CC16a For the period Period start date Period end date To from 09/06/2022 08/06/2023
| Section A Receipts and payments | Section A Receipts and payments | |||||
|---|---|---|---|---|---|---|
| A1 Receipts | Unrestricted funds to the nearest £ 23,061 80 19,120 2,072 11,834 294 25,000 200 298 81,958 - - - 81,958 441 1,000 30,400 4,000 9,737 401 7,417 9,114 4,364 320 102 1,638 243 69,177 - - - 69,177 12,781 - - 12,781 |
Restricted funds to the nearest £ - - - - - 16,000 - - 16,000 - - - 16,000 9,978 - 2,065 602 - - - - - - - - - - - 12,645 - - - 12,645 3,355 - - 3,355 |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 23,061 80 19,120 2,072 11,834 294 16,000 25,000 200 298 97,958 - - - 97,958 9,978 441 1,000 2,065 602 30,400 4,000 9,737 401 7,417 9,114 4,364 320 102 1,638 243 81,822 - - - 81,822 16,137 |
Last year to the nearest £ |
|
| JustGiving | 23,061 | - | ||||
| Payroll Giving | 80 | - | ||||
| Donations | 19,120 | - | ||||
| Raffle | 2,072 | - | ||||
| Events(1,2,3) | 11,834 | - | ||||
| Merchandise | 294 | - | ||||
| Restricted Grants | ||||||
| Unrestricted Grants | 25,000 | - | ||||
| Grants returned | 200 | |||||
| Online Auction | 298 | - | ||||
| Sub total(Gross income for AR) |
81,958 | - | ||||
| A2 Asset and investment sales, (see table). |
||||||
| - | ||||||
| - |
- | |||||
| ~~Sub total~~ | - | - | ||||
| Total receipts A3 Payments |
||||||
| - | ||||||
| Wales Caravan Fees- Restricted | - | |||||
| Wales Caravan Fees- Unrestricted | 441 | - | ||||
| Devon Caravan Payments | 1,000 | |||||
| Salaries- Restricted | - | |||||
| HMRC Payments- Restricted | - | |||||
| Grants- Helpin Hospital | 30,400 | - | ||||
| Grants- MemoryMaker | 4,000 | - | ||||
| Grants- Getaway | 9,737 | - | ||||
| BeneficiaryGifts | 401 | - | ||||
| FundraisingEvents '22 | 7,417 | - | ||||
| FundraisingEvents '23 | 9,114 | - | ||||
| Consultancy Fees (IT Services & Charity Development) |
4,364 | - | ||||
| IT Hardware/Software | 320 | - | ||||
| Admin/Postage/Printing | 102 | - | ||||
| Merchandise | 1,638 | - | ||||
| Online Advertising/ AdvertisingHardware | 243 | - | ||||
| **Sub total ** | 69,177 | - | ||||
| A4 Asset and investment purchases, (see table) |
||||||
| - | ||||||
| - | ||||||
| **Sub total ** | - | - | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| - | ||||||
| 12,781 | 3,355 | - | 16,137 | - | ||
| - | - | - | - | - | ||
| - | - | - | - | - | ||
| 12,781 | 3,355 | - | 16,137 | - |
CCXX R1 accounts (SS)
08/04/2024
1
Section B Statement of assets and liabilities at the end of the period
| Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds |
Details Details Details Total cash funds (agree balances with receipts and payments account(s)) Details Details Signature |
Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - 12,631 3,355 Agreement Error OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Lee Neal |
Endowment funds to nearest £ |
|---|---|---|---|
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
| Lee Neal | 08.04.2024 | ||
CCXX R2 accounts (SS)
08/04/2024
2
CCXX R3 accounts ISSI 0810412024
CCXX R4 accounts ISSI 0810412024
(HARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Indepeiident Examiner's Report Report to the truste881 member8 of THE LIThLE TED FOUNDATION On accounts for the year ended 8TH JUNE 2023 Charity no lif any) 1199247 Set out on pages 1T02 I report to the trustees on my examination of the accounts of the above charity I'the Trust ) for the year ended 0810612023. Re8ponsibllltle8 and basis of rèport AS the charity's trustees, you are responsib for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'the Act"). I report in fespecl of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145{5llbl of the Act. Independent I have completed my examination. I confirm that no material matters have examlner's statement come lo my attention in connection with the exomination lolher than that disclosed below") which gives me cause to believe that in. any material respect.. the accounting records weTe not kept in accordance with section 130 of the Charities Act., or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements concerning the form and content of account5 set OLtI in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a'true and fair, view which 1$ not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination lo which attentn should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Slgned: Datg: 0110412024 Name: K. L. NEEDHAM FMAAT Relevant prof¢s8lonal quallflcation{sl or body Ilf any): FMAAT AAT LICENSED MEMBER IN PRACTICE 6520 Addre88: KLN ACCOUNTANCY SERVICES LIMITED 1 -2 BASFORD HOUSE, DERBY ROAD. HEANOR, DE75 7aL IER Oct 2018
Sectioii B Disclosure Only complete if the examiner needs to highlight material mallers of Concern (see CC32, Independent ex?minalion of charity accounts.. directions and guidance for examiners). Glve here brlef detalls of any items that the examlner vAsheg to dl8cI08e. IER Oct 2018