REGISTERED CHARITY NUMBER: 1201616
TLC FOUNDATION
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Shah & Co (Accountants) Ltd Chartered Certified Accountants Cash's Business Centre 1st Floor 228 Widdrington Road Coventry West Midlands CV1 4PB
TLC FOUNDATION
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Balance Sheet | 5 | ||
| Notes to the Financial Statements | 6 | to | 10 |
| Detailed Statement of Financial Activities | 11 |
TLC FOUNDATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. 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
The charity was registered with the charity commission on 17th January 2023 with the following objects: For the public benefit to relieve the needs of people with severe and complex physical and learning disabilities and mental health issues, their families and carers in Warwickshire, in particular by the provision of support, information, practical advice and recreational activities.
ACHIEVEMENTS AND PERFORMANCE
ORGANISATION AND ACTIVITIES
As a reminder TLC exists to improve the lives of children with SEND (special educational needs disability) and life limiting illness. We understand the challenges of caring for a child/young person with special needs. It can be emotionally and physically exhausting, and can often affect employment, leading to financial difficulties. Parents face feelings of burnout, episodes of grief for their child' condition, sleep deprivation, fear of the future, isolation, and sometimes even discrimination.
Each child with disabilities, and their siblings, have their own unique needs, which is why we are passionate about helping these remarkable and brave families live more manageable and enjoyable lives.
Our aim is to provide support in three key areas:
- Support for Parents
- Support for Children with Disabilities
- Support for Siblings
We do this by holding fun family events, day trips and provide a sensory support space here at our base. We listen to our parents and assist the entire family unit to engage in family fun activities in any way we can.
Our successes this year included:
-
day trips including the Sea Life Centre, Iluminate Light trail and a Butterfly Farm
-
adapted disability river cruises.
-
a Christmas party, Halloween party, 70s & 80s disco, Iluminate Light trail and our annual barn dance.
-
substantially increasing our networking in the local community
-
Concentrating and developing our social media presence.
Currently we are helping/working with over 43 children and their families. We expect this number to increase as we develop. Our beneficiaries come from some of the most deprived areas of Warwickshire; Nuneaton and Bedworth Borough have pockets of extremely high deprivation and fall within the top 10% Nationally.
When taking into consideration that people who have children with disabilities also make less money than the average home, due to having to work less or stop working all together to support their child, our charity is a much needed benefit to this vulnerable group in our community.
Looking ahead our focus is in two areas:
1: raising funds for a respite caravan. This will provide families with a much-needed opportunity to take short breaks, allowing them to relax and recharge in a peaceful setting. This caravan will make a huge difference for families who face daily challenges in caring for a child with special needs. Many parents have told us how invaluable this would be to their mental health and family wellbeing.
2: expanding on our events to support siblings and thus the whole family unit
1
TLC FOUNDATION
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1201616
Principal address
1st Floor, The Loft 60 George Street Ringway Bedworth West Midlands CV12 8EA
Trustees
Mrs L Place Ms A Read Ms K Thorpe
Independent Examiner
Shah & Co (Accountants) Ltd Chartered Certified Accountants Cash's Business Centre 1st Floor 228 Widdrington Road Coventry West Midlands CV1 4PB
Approved by order of the board of trustees on 31 October 2025 and signed on its behalf by:
Ms K Thorpe - Trustee
2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TLC FOUNDATION
Independent examiner's report to the trustees of TLC FOUNDATION
I report to the charity trustees on my examination of the accounts of TLC FOUNDATION (the Trust) for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is 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 to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Shah & Co (Accountants) Ltd
Shah & Co (Accountants) Ltd Chartered Certified Accountants Cash's Business Centre 1st Floor 228 Widdrington Road Coventry West Midlands CV1 4PB
31 October 2025
3
TLC FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| 31.3.25 | 31.3.24 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | fund | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies | 3,815 | 56,903 | 60,718 | 20,023 | |
| Investment income | 2 | 48 | - | 48 | - |
| Total | 3,863 | 56,903 | 60,766 | 20,023 | |
| EXPENDITURE ON | |||||
| Raising funds | 103 | - | 103 | - | |
| Charitable activities | |||||
| Training | 60 | - | 60 | - | |
| Room hire | 2,400 | 475 | 2,875 | - | |
| General expenses | (13,261) | 49,589 | 36,328 | 24,513 | |
| Other | - | - | - | 860 | |
| Total | (10,698) | 50,064 | 39,366 | 25,373 | |
| NET INCOME/(EXPENDITURE) | 14,561 | 6,839 | 21,400 | (5,350) | |
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 2,678 | 3,133 | 5,811 | 11,161 | |
| TOTAL FUNDS CARRIED FORWARD | 17,239 | 9,972 | 27,211 | 5,811 |
The notes form part of these financial statements
4
TLC FOUNDATION
BALANCE SHEET 31 MARCH 2025
| 31.3.25 | 31.3.24 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | fund | funds | funds | |||
| Notes | £ | £ | £ | £ | ||
| FIXED ASSETS | ||||||
| Tangible assets | 5 | 4,036 | 1,825 | 5,861 | 1,907 | |
| CURRENT ASSETS | ||||||
| Cash at bank and in hand | 14,043 | 8,147 | 22,190 | 4,744 | ||
| CREDITORS | ||||||
| Amounts falling due within one year | 6 | (840) | - | (840) | (840) | |
| NET CURRENT ASSETS | 13,203 | 8,147 | 21,350 | 3,904 | ||
| TOTAL ASSETS LESS CURRENT | ||||||
| LIABILITIES | 17,239 | 9,972 | 27,211 | 5,811 | ||
| NET ASSETS | 17,239 | 9,972 | 27,211 | 5,811 | ||
| FUNDS | 7 | |||||
| Unrestricted funds | 17,239 | 2,678 | ||||
| Restricted funds | 9,972 | 3,133 | ||||
| TOTAL FUNDS | 27,211 | 5,811 |
The financial statements were approved by the Board of Trustees and authorised for issue on 31 October 2025 and were signed on its behalf by:
Mrs L Place - Trustee
Ms A Read - Trustee
Ms K Thorpe - Trustee
The notes form part of these financial statements
5
TLC FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, 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 Charities Act 2011. 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.
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 cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance Computer equipment - 20% on reducing balance
Taxation
The charity is exempt from tax on its charitable activities.
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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
6
TLC FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
2. INVESTMENT INCOME
| INVESTMENT INCOME | |||
|---|---|---|---|
| 31.3.25 | 31.3.24 | ||
| £ | £ | ||
| Deposit account interest | 48 | - |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted Restricted funds fund £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 5,448 14,575 EXPENDITURE ON Charitable activities General expenses 5,904 18,609 Other 860 - Total 6,764 18,609 NET INCOME/(EXPENDITURE) (1,316) (4,034) RECONCILIATION OF FUNDS Total funds brought forward 3,994 7,167 TOTAL FUNDS CARRIED FORWARD 2,678 3,133 |
Total funds £ 20,023 24,513 860 25,373 (5,350) 11,161 5,811 |
|---|---|
7
TLC FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
5. TANGIBLE FIXED ASSETS
| 5. | TANGIBLE FIXED ASSETS | TANGIBLE FIXED ASSETS | ||
|---|---|---|---|---|
| Fixtures | ||||
| and | Computer | |||
| fittings | equipment | Totals | ||
| £ | £ | £ | ||
| COST | ||||
| At 1 April 2024 | 2,384 | - | 2,384 | |
| Additions | 1,825 | 3,594 | 5,419 | |
| At 31 March 2025 | 4,209 | 3,594 | 7,803 | |
| DEPRECIATION | ||||
| At 1 April 2024 | 477 | - | 477 | |
| Charge for year | 746 | 719 | 1,465 | |
| At 31 March 2025 | 1,223 | 719 | 1,942 | |
| NET BOOK VALUE | ||||
| At 31 March 2025 | 2,986 | 2,875 | 5,861 | |
| At 31 March 2024 | 1,907 | - | 1,907 | |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.3.25 | 31.3.24 | |||
| £ | £ | |||
| Other creditors | 840 | 840 | ||
| 7. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At | 1/4/24 | in funds | 31/3/25 | |
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 2,678 | 10,816 | 13,494 | |
| Unrestricted fund | - | 3,745 | 3,745 | |
| 2,678 | 14,561 | 17,239 | ||
| Restricted funds | ||||
| Restricted fund | 3,133 | 6,839 | 9,972 | |
| TOTAL FUNDS | 5,811 | 21,400 | 27,211 |
8
TLC FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
7. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 118 | 10,698 | 10,816 |
| Unrestricted fund | 3,745 | - | 3,745 |
| 3,863 | 10,698 | 14,561 | |
| Restricted funds | |||
| Restricted fund | 56,903 | (50,064) | 6,839 |
| TOTAL FUNDS | 60,766 | (39,366) | 21,400 |
Comparatives for movement in funds
| Net | ||
|---|---|---|
| movement | At | |
| At 1/4/23 | in funds | 31/3/24 |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 3,994 |
(1,316) | 2,678 |
| Restricted funds | ||
| Restricted fund 7,167 |
(4,034) | 3,133 |
| TOTAL FUNDS 11,161 |
(5,350) | 5,811 |
| Comparative net movement in funds, included in the above are as follows: | ||
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds | ||
| General fund 5,448 |
(6,764) | (1,316) |
| Restricted funds | ||
| Restricted fund 14,575 |
(18,609) | (4,034) |
| TOTAL FUNDS 20,023 |
(25,373) | (5,350) |
9
TLC FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
7. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1/4/23 | in funds | 31/3/25 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 3,994 | 9,500 | 13,494 |
| Unrestricted fund | - | 3,745 | 3,745 |
| 3,994 | 13,245 | 17,239 | |
| Restricted funds | |||
| Restricted fund | 7,167 | 2,805 | 9,972 |
| TOTAL FUNDS | 11,161 | 16,050 | 27,211 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 5,566 | 3,934 | 9,500 |
| Unrestricted fund | 3,745 | - | 3,745 |
| 9,311 | 3,934 | 13,245 | |
| Restricted funds | |||
| Restricted fund | 71,478 | (68,673) | 2,805 |
| TOTAL FUNDS | 80,789 | (64,739) | 16,050 |
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
10
TLC FOUNDATION
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| 31.3.25 | 31.3.24 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 60,718 | 20,023 |
| Investment income | ||
| Deposit account interest | 48 | - |
| Total incoming resources | 60,766 | 20,023 |
| EXPENDITURE | ||
| Other trading activities | ||
| Purchases | 103 | - |
| Charitable activities | ||
| Other operating leases | 2,875 | - |
| Insurance | 995 | 964 |
| Postage and stationery | 739 | - |
| Sundries | 618 | - |
| Co-ordinator | 8,718 | 6,336 |
| Events/Activities | 22,736 | 15,709 |
| Subscription | 517 | 187 |
| 37,198 | 23,196 | |
| Other | ||
| Hire of plant and machinery | - | 860 |
| Support costs | ||
| Governance costs | ||
| Accountancy and legal fees | 600 | 840 |
| Fixtures and fittings | 746 | 477 |
| Computer equipment | 719 | - |
| 2,065 | 1,317 | |
| Total resources expended | 39,366 | 25,373 |
| Net income/(expenditure) | 21,400 | (5,350) |
This page does not form part of the statutory financial statements
11