REGISTERED CHARITY NUMBER . 1204629 FREDDIES SUNSHINE REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDING 31 MARCH 2024 Jason Ferguson FCCA 4 The Copse Turton Botton BL7 ODP FREDDIES SUNSHINE CONTENTS OF THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2024 Report of the Trustees Independent Examinerfs Report Statement of Financial Activiti'es Balance Sheet Notes to the Financial Statements Detailed Staement of Financial Activrties FREDDIES SUNSHINE REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 MARCH 2024 The trustees present their report wlh the financial statements of the chanty for the year ended 31 March 2024. The trustees have adopted the provisions of the Accountsng and Reporting by Charities Statement of Recommened Practs.￿ applicable lo charib.es preparing their accounts in accordance wlh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 IEffe¢live 1 January 20191 1. Overvlew ofthe Charlty Mlsslon Statement: Al Freddie's Sunshine we aim lo provide Spa￿ for respite for families following the bereavement of child. We want to be a sanctuary where families can remember their loved one in peace, meet other people going through what they are and get suprK)rt from people who understsnd the pain of their loss. To Support and relieve stress experienced by bereaved family members and friends in the United Kingdom following the loss of a child by the provision of charitable mean5 as seen fit by the trustees including bul not limited lo providing space of respite from daily lives and facililies for support and recreab"on. Launched the charity Sel up a JustGiving account which has helped us lo stsrt building funds and making donations easier Began work towards'Bags of Sunshine. which will be gNen lo parents have lost a child as a comfort in the early days. 2. Governance and Stru¢ture Trustees and Ke Personnel.. Chalr of Trustees.. Aimee Beaumont Treasurer. Graeme Beaumont other Trustees." Mark Beaumont. Sophie Garside Tr ees, Annual Re The board of trustees oversees the operabons of Freddie's Sur7shine, ensuring that all activities align wfth the charity's mission. This year. the board has monitored the charity's progre55 and financial status lo ensure sustainability and impact for il's first year. Governance and Structure.. Freddie's Sunshine is govemed by its trustees. who are responsible for the charity's strategic direction. As a CIO. the charity operates without the need for a separate company structure, and all trustees are also directors of the CIO. Trustees, Meelin The trustees meet quarterly. and key decisions are documented and reviewed. Any Confl￿ of interest are disclosed al ea¢h meetsng and recorded in the minutes. 3. Financial Infomiation Income and Ex endilure". Total income for the year.. £14,898 Total expenditure for the year". £2,344 FREDDIES SUNSHINE Net assets at year-end.. £12.554 Sources f In Individual Donabons.. £14.898 Fundraising Events.. £nil Grants,. £nil CO￿)I81e Sponsorships.. £nil F ndraisi Activities.. In the past year, Freddie'5 Sunshine raised £14,898 Ihrough various fundraising activities, but mainty via ¢)ur inits81 swal media campaign and JustGiving. 4.lm act and Out¢omoS Chari Pr rams and Services.. 88gs of Sunshin8'. This is our first initiative that we are currently workin9 on and sourcing the prTrJucts for. Respite Space.. We are fundraising to be able lo purchase a property in we can create a respite space for families following the loss of a ¢hild. Beneficiaries and Im Famil￿5 Supported." So far we are fr￿using on fvndraising and will Icrt* to support families in the years to come. 5. Rl k and Challen Risk Man emenl.. Freddie's Sunshine regularty rewews and upjates its risk management processes. This includes identifying potential risks lo our finances, Servi￿$. and reputation, and implementing stralegies to mitigate these risks. Challen es in the YeaT'. In¢￿ased Costs.. There has been an increase of costs across the UK for various products. which has made the ability lo source our Bags of Sunshine more diffKult. Economic Uncertainty.. The charity faced some challenges in securing funding due to changes in the economic environmenL We are actsvety working lo diversify our income streams and ensure financial $18bility. 6. Plan$ for the Future Strate ic Goals for the Comin Strdtegi¢ goals are discussed betsveen the trustees during meekn'ngs each quarter and agreed along bwth a budget and fundraising plans. Sustainabili and Growth". Ye We are focused on ensunng the $ustainabilty of our Y￿11( by broadening our fundraising efforts, fostering stronger patherships, and buikling our profile. 7. Acknowlod gmgnts and Thanks Donors and Su orters.. We are deeply grateful for the generosty of our supporters. induding whose contn"bub"ons are making it possible lo build Freddie's Sunshine. Approved by order of the board of trustees on 29.01.2025 FREDDIES SUNSHINE And svJned on its beha￿ ty .' mee Beaumont- Trustee INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF FREDDIES SUNSHINE Inde endent examinerf5 re ort to the trustees of Freddie nshine I report to the charity trustees on my examinalK)n of the aeKounts of Fr8ddi8s Sunshine (the Trust) for the Feriod ended 31 March 2024. Res onsibilities and Basis of re As the charity trustees of the Trust you are responsible for the preparab.on of the accounts in accordance with the requirements of the Charibes Act 2011 {'the Act'l I rewrt in rèspect of my examination of the TnJsVs accounts carried out under section 145 of the Act and in carrying out my examination I have folh)wed all applicable Directions given by the Charity Cornmission under section 145{5)Ib} of the Act. Inde endent examinerfs statement I have completed my examination. I confirm that no malenal matters have come to my attention in Gonneclion with the examination giving me cause to believe that in any material rest*ct'. Accounting records were not kept in ￿SpeCt of the Trust as required by section 130 of the Act, or The accounts do not accord wth those records" or The accounts do not comply with the appIl￿ble requirements contsming the form and content of the accounts sel out in the Charits"es (Accounts and Reports) Regulations 2008 other than any requiement that the accounts give a true and fair view which is not a matter considered as part of an independent examinats"on. I have no concerns and have come across no other matters in ¢onnecb'on wth the examination to which attention should be drawn in this report in order to enable a proper understsnding of the accounts lo be reached. Jason Ferguson FCCA ACCA-0163492 4 The copse Turton Bolton BL7 ODP Date 27th January 2025 FREDDIES SUNSHINE STATEMENT OF FINANCIAL ACTNMES FOR THE PERIOD ENDEO 31 MARCH 2024 Unrestricted Restricted Funds Funds Notes 2024 INCOME AND ENDOWNMENTS Donations and Legacies 14,898 14,898 14.898 14,898 EXPENDITURE ON Raising Funds Merchandise 2.290 2,290 2,344 2,3H NET INCOME 12.554 12.554 RECONCILIATION OF FUNDS TOTAL FUNDS BROUGHT FORWARD TOTAL FUNDS CARRIED FORWARD 12,554 12,554 FREDDIES SUNSHINE BALANCE SHEEr 31 MARCH 2024 Unrestricted Restricted Funds Funds Notes 2024 FIXED ASSETS Tangible assets CURRENT ASSETS Cash at bank and in hand 12.554 12,554 12.554 12,554 CREDITORS Amounts falling due wthin one year NET CURRENT ASSETS 12.554 12,554 TOTAL ASSETS LEES CURRENT LIABILITIES 12.$54 12.554 NET ASSETS 12.554 12,554 FUNDS Unrestricted FurKIs Reslricled Funds 12.554 TOTAL FUNDS 12,554 The finan¢ial statements were approved by the Board of Trustees and aLrthorised for the ts$ue on 29.01.2025 and were signed on its behalf by.. Aimee 8eaumont- Trustee FREDDIES SUNSHINE NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2024 1. ACCOUNTING POLICIES Basis of the 8rin the financial ststements The financial statements of the charity. which is a publ￿ benefit enb.ty under FRS 102, have been prepared in accordan￿ with the Charities SORP IFRS 1021 'ACe￿UntIng and Reporting by Charit￿S ststement of Recommended Practice applicable to tharities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Effective 1 January 20191.. Financial Reporting Standard 102 The financial Repotting Standard applicable in the UK an¢J Republic of Ireland. and the Charities Act 2011. The financial slalemenls have been prepared under the historical cost convention. Financial Re ortin standard 102 - r uced disclosure exem The charity has taken advantage of the following disck)sure exemptions in preparing these financial statements. as permilled by FRS 102 'The Financial Reporb"ng Standard applicable in the UK and Republic of Ireland, The requirement of Section 7 Statement of Cash Fh)ws Income All income is recognised in the Statement of Financial Activities On￿ the charity has entstlement of the funds. il is probable that the income will be [￿1Ved and the amount can be measured reliably. endilure Liabilitres a￿ recognised as expenditure as s￿n as there r5 a legal or constructive obligation commitknng the charity lo that expenditure. it is probable that a Iransfer 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 811 cost related lo the category. Where costs cannot ￿ directty attributed to particular headings they have been allocated to aclNities on a consistant basis with the use of ￿SOurCeS. Taxation The charity is exempl from tsx on ils charrtable activities Fund Accountin Unreslricled funds can be used in accordance ￿th the Charitab￿ objectives al the discretion of the trustees Restricted funds can On￿ be used for particular restr.cled purwses within the objects of the charity. Restrictions arise when sFecified by the donor or when fvnds are raised for a particular restricted purpose. FREDDIES SUNSHINE NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2024 2. TRUSTEES REMUNERATION AND BENEFtrs There were no trustses, remuneration or other benefits for the period ended 31 March 2024 There were no tfUStees' expenses paid for the pwicmj ended 31 March 2024. 3. STAFF COSTS The average Monthty Numkr of empbyees during the year wras as follows". 2024 4. MOVEMENT IN FUNDS At Net Al 7.9.23 Movement 31.3.24 Unrestricte(F Funds 12.554 12,554 Restricted Funds 12,554 12.554 5. RELATED PARTY DISCLOSURES There were no related party transactions for the year peric(l ended 31 Mar¢h 2024. FREDDIES SUNSHINE DETAILED STATEMENT OF FINANCIAL ACTNITIES FOR THE PERIOD ENDED 31 MARCH 2024 2024 Donations 14,898 14,898 Just gsvlngfee Purchases of Fred(iies Sunshine Merchandise NET INCOME 12,554