DSign Envelope ID.. CEEB5CE2-9A014C61-93A7-543D0445349A Charlty rnglstratlon numb•r 1204544 (England and Walès) BRAVE PARENTS ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024
DSign Envelope ID.. CEEB5CE2-9A014C61-93A7-543D0445349A BRAVE PARENTS LEGAL AND ADMINISTRATIVE INFORMATION Trustees Ms C O'Grady Ms S Walker Ms S Derrick Mr J Kemp (Appointed 31 August 20231 (Appointed 31 August 20231 (Appointed 31 August 20231 (Appointed 31 August 20231 Charity number IEngland and Wales} 1204544 Independent examiner M J Bushell Audit LLP 8 High Street Brentwood Essex CM144AB
DSign Envelope ID.. CEEB5CE2-9A014C61-93A7-543D0445349A BRAVE PARENTS CONTENTS Pag• Trustees, rgport Independent examiner's report Statement of financial activities Balance sheet Notes lo the financial statements 10-15
DSign Envelope ID.. CEEB5CE2-9A014C61-93A7-543D0445349A BRAVE PARENTS TRUSTEES, REPORT FOR THE PERIOD ENDED 31 AUGUST 2024 The trustees present their annual report and financial slalements for the period ended 31 August 2024. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's goveming document, the Charities Act 2011, FRS 102 'The Financial Reporting Stsndard applicable in the UK and Republic of Ireland. and the Charities SORP 'Accounling and Reporting by Ch8rilies'. Slalement of Recomrnended Pr8clice applicable lo charities preparing their accounts in ac¢ord8nce with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" Ob-ectives and activities Who wo are Brave Parenis (known as 'Brave'l provides self-care opportunities for parents who have children with complex medical needs. 'Complex medical needs, refers to children who have been diagnosed by a medical professional, with an illness, disability or sensory impairment Isight andlor hearing impairmenll that requires substantial daily support from a Parent Carer. Our mission To provide a support and Comfort network for the mental health 8nd wellbeing of parent carers who have children with Complex medi¢al needs. To provide mental health and well-being support via seasonal containing self-care items. To give parenl carers the opportunity to attend local in-person events lo help them to establish relationships with those in a similar situation. To give parent carers the opportunity to join virtual events for those not able to attend in-person events. To collaborate with other charities and organisalions that are aligned to Brave's aims. To raise awareness of the importance of the parent carer role. .for you" and Hospital Brave boxes Public benefit The trustees have paid due regard lo guidance issued by the Charity Commission in deciding what activities the harity should undertake.
DSign Envelope ID.. CEEB5CE2-9A014C61-93A7-543D0445349A BRAVE PARENTS TRUSTEES, REPORT (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2024 Achievements and erformance hts of our achievements and erformance Throughout the year we have provided self-care opportunities to 3,361 Parent C8rers, including 223 Brave Boxes sent directly lo Hospital wards for those Parent C8rers stsying in with their child. We have provided monthly nomination rounds, ¢ontributed and subsidised ex¢lusive retreat days, and-run regular in-person and virtual events SpecifillY for Parent Carers. Monthly in-person events included.. Retreat Days Mindfulness classes Wreath making workshop Yoga class Wellness Walk Crochet workshop Virtual gvents includgd.. Virtual Yoga Virtual Crochet class Virtual Mindfulness session Virtual Quiz Virtual Music night with takeaway voucher Virtual Comedy night Collaborations During the year we have greatly expanded our collaboration worf( with other charities that share our values and provided care packages lo smaller complex needs support groups. Our new initiative our 'Brave sanitary bags, have been well received and are now available in the hospital wards and children's hospices we now collaborate with. We intend lo keep up and expand our partnerships around the country. We have also worked closely with Special Needs Schoo15 within the local are8, providing Parent Carers with 5elf- care packages 8nd mIndIng them lo focus on their own needs and mental he811h.
DSign Envelope ID.. CEEB5CE2-9A014C61-93A7-543D0445349A BRAVE PARENTS TRUSTEES, REPORT (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2024 Raisin awareness Increasing &wane$S of Parent Carers and motivating them lo think about their mentsl health and wellness is one of our goals. In addition to wnnecting with our local Community and providing pa nt Carers self-¢are opportunities to encoLJrage this, Brave has also organised volunteer days for our supporters to observe the e ort required to SLJPPOrt Parent Carers of children with complex medical needs. They have been incredibly beneficial and have assisted volunteers in realising how, while caring for a child with complex medical requirements, the needs of the parent carer are sometimes ne9lected or come last. We are pleased lo have supporters across the country who contribute to the growth of our fundraising efforts through a variety of fundraising projects. The money raised has greatly impacted Brave's work, enabling us lo offer self-care .for you. packages to all parent carers slaying at respite cenlres and hospices, host monthly events in- person or virtually, and expand our partnerships with oiganisalions and charities that wish to support parent carers without sacrificing their own goals and objectives. In order to increase local aWaneSS of our charitable endeavours, we have developed seasonal free events, such as our free Easter egg scavenger hunt, which was not only fLJn, but had an impact on the number of local Parent Carers and supports we connected with. Our social media presence has grown as a result of our successful Parent Carer Awareness Day campaign, which has reached more parent carers around the United Kingdom. It has also helped Parent Carers. friends and relatives have an insight into what il is like to care for a child with complex medical needs and the loll this might have on their well-being. We have been able to expand our promotiona1 activities with new leaflets and branded products such as stickers, tsbleGloths, and collection pots beGause of received grants. Both p8renl Garers and rnembers of the public who wish lo help our cause are now more aware of Brave as a Charity thanks to this visual impact. nificant activities and achievements Since we beg8n, the demand for parent Carer support h8s significantly incre8s8d. Numerous UK ch8rilies, hospitals and hospices whose main obje¢live is lo care spe¢ifi¢ally for the ¢hildlren with ¢omplex needs have reached out to us requesting our assistan¢e in providing the Parent Carer with much-needed support. They have seen the benefit of what we can offer the Parent Carer and how our collaborative efforts allow for the whole family unit to be SLJPPOrted. This has also grown to include assisting local special needs schools, where we have raised awareness, developed our network of Parent Carer support groups, and given Parent Carers self-care packages. Our successful Brave virtual roadshow not only reached individual parent carers bul also featured in MmUnity spaces within hospital and hospice accommodation. In addition to helping as many parent carers as possible in the UK. we're working to raise awareness among people who know a parent carer about the negative effects caring for a child with complex medical needs may have on their mèntal health and general wellbeing. Our work is made possible by donations, fundraising initiatives, grants, and volunteers,. the secret to our ongoing success is the support we get from these sources in the fulure. Grants are made in accordance with charity law, our constitution and the wishes and directions of our supporters. We endeavour to direct funds towards providing the support needed for Parent Carers. During the year grants tolalling just under £3,000 were made. When considering where lo focus our attention our Trustee's board and have paid regard to the Charity Commission's guidance on public benefit and what this means for Brave. Our future plan to secure further grants will help us provide more in-person events nationwide.
DSign Envelope ID.. CEEB5CE2-9A014C61-93A7-543D0445349A BRAVE PARENTS TRUSTEES, REPORT (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2024 Proud su orters fundraiser5 and volunteers On behalf of the Trustee body, we would like lo thank our'proLJd supporters of Brave,. who enable us lo reach even more parent Carers nationwide and ¢ontinuously provide the supplies needed lor our'lor you" boxes. We are also grateful to the members of PLJblic who give of their time out of hours in SLJPPDrt of the work of the Brave, in developing ideas, in packing our ' .for you, boxes, raising awareness, fundraising activits'es and their continual championing ol our Charity. Flnancial revl•w Reserves oli¢ 11 is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintsined at a level equivalent lo bebMeen three and six month's expendilurts. The trustees consider that reserves at this level will ensure that, in the avènt of a significant drop in funding, they will bè ablè to continuè thè charity's currant activities while considèration is giv8n to ways in which additional fLJnds may bè raised. This levèl of réserves has been maintained throughout the period. Stru¢ture ¢veman¢¢ and mana Èment Brave Parents is a registered charity as of 31 August 2023, with charity number 1204544. The trustees who served during the period and up lo the dale of signature of the financial statements were= Ms C O'Grady (Appointed 31 August 20231 Ms S Walker (Appointed 31 August 20231 Ms S Derrick (Appointed 31 August 20231 MrJ Kemp (Appointed 31 August 20231 Recruitment and a ointment of trustees Apart from the first charity trustees, every Iruslee musl be appointed by a resolution passed al a properly convened meeting of the charity Iruslees. In selecting individuals for appointment as new charity trustees, the existing charity trustees musl have regard to the skills, knowledge and experience needed for the effective adminislralion of the cio. Nong of the trustees has any benèficial inlerost in thè company. All of the Iruslegs arg members of the company nd guarantèè to contribLJt8 £1 in thè 8vènt of a winding up. The company's current policy con¢trrning the payment of trade Creditors is lo follow the CBI'S Prompt Payers Code l¢opies arg available from the CBI, Ctrnlro Point, 103 New Oxford Streol, London WC1A 1 DUI- The company's current policy Conrning the payment of trade creditors is to.. setlle the terms of payment with suppliers when agreeing the terms of each transaction., ensure that suppliers are made aware of the temis of payment by inclusion of the relevant terms in contracts., and pay in accordance with the company's contractual and other legal obligations.
DSign Envelope ID.. CEEB5CE2-9A014C61-93A7-543D0445349A BRAVE PARENTS TRUSTEES, REPORT (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2024 anisational structure Brave's Trustees have responsibility for fulfilling our strategic plans and ensuring all our activities are inline with our conslilution, aims and objectives. Brave Parents org8nisational structure is as follows.. Claire O'Grady Ichairllrusteel Sakura Walker (Compliance OffiCerrusteeI James Kemp Sharyn Derrick Fundraising Co-or(linatortfrustee Well-being Co-ordinatortfrustee
Docu$lgn Envelope ID. CEEB5CE2.9A014C61.93A7.54300445349A BRAVE PARENTS TRUSTEES. REPORT (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2024 The trustees, report was approved by the Board of Trustees. by.. Ms C O'Grady Trustee Ms S Walker Trustee $*nbY.. 7AOCAIÉ.1A4U... Ms S Derrick Trustee Mr J Kemp Trustee 06 March 2025 Dale..
Docu$lgn Envelope ID. CEEB5CE2.gA014C61.93A7.54300445349A BRAVE PARENTS INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BRAVE PARENTS I report to the trustees on my examination of the financial slalements of Brave Parents (the ¢harilyi for the period ended 31 August 2024. Re$p¢n$lbllltle$ and bas1$ of report As the trustees of the charity you are responsible for the preparation of the financial staternents in accordance with the requlrements of the Charllies Act 2011. I report in respect of my examination of the charity's financial statemenis carried out under seclK)n 145 of the Charities Act 2011. In carrying out my examination I have followed the DirectK)ns given by the Charity Commission under section 14515llbl of the Charities Act 2011. Indepèndent examlner'$ $tatemenl Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable lo charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference to the Accounting and Reporting by Charities.. Slalemenl of Recommended Practi issued on 1 April 2005 which is referred lo in the extant regulations bul has now been withdrawn. l understand that this has been done in order for the financial slalemenls lo provide a true and fair view in a¢cordance with UK Generally Accepted Accounlbng Pracllce. I have ¢J)mpleled my examination. I confirm that no mattels have come lo my attention in connection w(th the ex8mln81ion giving me cause to believe that in any material respe¢t'. accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011. the financial slalemenls do not accord with those records,. or the financial statements do not comply with the 8ppli¢able requirements ¢oncerning the form and content of rinancial slalemenls sel out in the Charities IAccounls and Reports) Regulations 2008 olhei than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination. I have no concerns and have come aeross no other matters in connection with the examination to which attention should be drawn in this report In order lo enable a proper undeislanding of the financial slalements lo be read)ed. Do¢u*gfied by. 929FG88BSÉY4C8 J Bu$hell Audlt LLP 8 High Street Brentwood Essex CM144AB 06 March 202S Dale..
DSign Envelope ID.. CEEB5CE2-9A014C61-93A7-543D0445349A BRAVE PARENTS STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31 AUGUST 2024 Unrestrietèd funds 2024 Not•s Income and endowments from: Donations and legacies other trading activities Other inGome 23,937 2,117 200 Total income 26,254 Expenditure on.. Raising funds Charitablè activitias 5,957 13,436 Total expenditure 19,393 Net income and movement in funds 6,861 Rèconciliation of funds.. Fund balances al 31 August 2023 Fund balances at 31 August 2024 6,861 The statement of financial activities includes all gains and losses recognised in the period. All income and expenditure derive from continuing activities.
Docu$lgn Envelope ID. CEEB5CE2.gA014C61.93A7.54300445349A BRAVE PARENTS BALANCE SHEET ASA T31AUGUST2024 2024 Notes Currènt as$et$ Stocks Cash al bank and in hand 12 300 7,521 7,821 19601 Creditors: amounts falling due wlthin one year 13 Net current assets 6,861 The funds of the charity Unrestri¢ted funds 14 6,861 6,861 06 March 2025 The finan¢ial statements were approved by Ihtr Irusletrs on . S¥n¢d "EIBSOXC69IFF482." "YD8B68A6WX42C" Ms S Walker Trustèè Ms C O'Grady Trustèè by.. Ms S Oerrick Trustee Mr J Kemp Trustee
DSign Envelope ID.. CEEB5CE2-9A014C61-93A7-543D0445349A BRAVE PARENTS NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2024 Accounting policie5 Charity inforniation Brave Parents works as a support network for parents who have children with complex medical needs. They providè sèlf carè opportunitiés and raisè parént carèr awarènèss. 1.1 Reporting period Brave Parents was previoLJsly a not for profit organisation, and became a charity as of 31 August 2023. Therefore the financial siaternents represent a full 12 month period of charitable activity. 1.2 A¢¢ountlng ¢onventlon The financial statements have been prepared in accordance with the charity's governing docurnent, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP 'Accounling and Reporting by Charities.. Slalement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" The charity is a Public Benefit Enlily as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for ¢hariligs not to prepare a statement of cash flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only lo th$ èxtènt réquirèd to provide a truè and fair viéw. This d8Parturg has involv&d following thé Stal&ment of Recommended Practice for charities applying FRS 102 rathèr than thè version ol the Statement of Recommended Practice which is referred to in the Regulations bLJt which has Sin been withdrawn. The financial statements are prepared in sterling, which is the ftJn¢tional currency of the charity- Monetary amounts in these finan¢ial statements are rounded to the nearest £1. The financial stslernenls have been prepared under the historical cost convention. The princip818ccounling policies adopted are sel out below. 1.3 Going concern At the time of approving the financial statements, the trustees have a asOnable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.4 Charitable funds Unrtrstricled funds are available for us8 at the discretion of the trusle8s in furtherance of their ¢harilable objeetiv8s. 1.5 Income Income is recognised when the charity is legally enlilled lo it after any performance conditions have been met, the amounts can be measured reliably, and il is probable that income will be received. Cash donations are recognised on reipt. Other donations are re¢ognised once the charity has been notified of the donation, Ljnless performan conditions require deferral of the amount. Inwme tax recoverable in relaii'on to donations received under Gift Aid or deeds of covenant is recognised at Ihe time of the donation. 10-
DSign Envelope ID.. CEEB5CE2-9A014C61-93A7-543D0445349A BRAVE PARENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2024 Aceountlng pollclas IContlnu8d) 1.6 Exp*nditurè Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in seltlemenl, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each adivily are made up of the total of direct costs and shared Costs. including support Costs involved in undertaking e8¢h 8clivily. Dired costs 8ttributsble lo a single activity are allocated directly lo that activity. Shared costs which ¢onlribute lo more than one a¢livily and support costs whi¢h are not attributable to a single activity are 8PPOrtioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. 1.7 stocks Stocks are staled 81 the lower of cost and estimated selling price less costs to Complete and sell. Cost comprises direct materials and, where 8ppli¢8ble, direct labour Costs and those overheads that have been incurred in bringing the stocks to their presènt location and condition. Itèms hèld for distribution at no or nominal consideration are measured the lower of replacement cost and cost. Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution. 1.8 Cash and cash èquivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-lerm liquid investments with original rnaturities of three months or less, and bank overdrafts. 8ank overdrafts are shown thin borrowings in current liabilities. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially me8sured al transaction pri¢e in¢lLJding transa¢tion costs and are subsequently Carried at amortised cost using the effective interest method Ljnless the arrangement constitutes a financing transaction, where the transaction is measured at the present valLJe of the fLJture receipts discounted at a market rate of interest. Finanaal assets classified as receivable within one year are not amortised. Bo$1¢ flnanclal 11obllltles Basic financial liabilities, induding creditors and bank loans are initially recognised at transaction price unless the arrangement conslitules a financing Iransaclion, where the debt instrument is measured at the present value of the future payments discounted al a market rale of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently c8tried al amortised cost, using the effective interest r8le method. Trade Creditors are obligations lo pay for g(K)ds or services that have been a¢qLJired in the ordinary ¢ourse of operations from suppliers. Amounts payable are classified as current liabilities if payment is dLJe within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at aM0sed cost using the effective interest method. Derécognltlon of flnanclal Ilabllltles Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled.
DSign Envelope ID.. CEEB5CE2-9A014C61-93A7-543D0445349A BRAVE PARENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2024 Aceountlng pollclas IContlnu8d) 1.9 Employèè bènèfits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed lo terminate the employment of an employee or lo provide lerminalion benefit5. Income from donations and legacies Unrestricted funds 2024 Cash donations Grant income Donated goods 13,009 2,935 7,993 23,937 In¢ome from other trading a¢tivities Unrestricted funds 2024 Donations from fundraising activities and events 2,117 Other income Unrestricted funds 2024 Bank interest and compensation 200 12
DSign Envelope ID.. CEEB5CE2-9A014C61-93A7-543D0445349A BRAVE PARENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2024 Expenditure on raising funds Unrestricted funds 2024 Fundraising and publicity Cost of fundraising events and activities Goods donated for fundraising events and activities 1,865 4,092 5,957 This includes the cost of prizes donated for use in fundraising events. Expenditure on charitable activities Charltablo Expenditure 2024 Direct costs Goods purchased for donation lo parent carers Goods donated for donation to parent carers Cost of events and activities run for parent carers 4,709 3,901 2,876 11,486 Share of support and governan¢e ¢osts {see note 71 Support Governance 408 1,542 13,436 Analysls by fund Unrestricted funds 13,436 Support Costs allocated to activities 2024 IT and website costs Insurance Governance costs eo 348 1,542 1,950 Analysèd b8twe8n: Charitable Expenditure 1,950 13-
DSign Envelope ID.. CEEB5CE2-9A014C61-93A7-543D0445349A BRAVE PARENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2024 Support costs allocated to actlvltlos IContlnu8d) 2024 Governance costs comprise: Independent examination and accountancy fees 1,542 1,542 Not mov¥m•nt In funds 2024 The net movement in funds is ststed 8fter chargingllcredilingl.. Fees payable for the independent examination of the charills financial slalements 1,542 Trustees None of the Iruslees lor any persons connected with them) reiVed any remuneration or benefits from the charity during the period. 10 Employees The average monthly number of employees during the period was.. 2024 Numb¥r Total There were no employees whose annual remuneration was more than £60,000. Remuneration of key management personnel The remuneration of key management personnel was as follows.. None. 11 Taxatlon The charity is &x8mpl from taxation on ils activities because all its incom8 is applied for ¢harilabltr purpostrs. 12 Stocks 2024 Stock of donated g¢x)ds 300 Stock held relates to goods donated for the purpose of donation lo parent carers. All stock held as at the year end dale has been subsequently donated to parent carers. 14-
DSign Envelope ID.. CEEB5CE2-9A014C61-93A7-543D0445349A BRAVE PARENTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2024 13 Creditors- amounts falling due within one year 2024 Accruals and deferred income 14 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These indude designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 31 August 2023 Incoming resourcès Resources At 31 August expended 2024 General funds 26,254 119,3931 6,861 15 Related party transactions There were no disclosable related party transactions during the period. 15-