REGISTERED COIIPA)I' NI'.IIBER: 01412JJ9 (gngland W'#les}
REGISTERED CH.4RITI %I %IBER: 280817
sc.o￿lSH CHARIT). NI',IIBER SCOJ95115
Report of iht Trustees *nd
FinaDci*I St*ternents For The I'ur E￿ded 31 D¢￿mber 2023
for
R*dio lffjllipop Il'k) Limited
Fuller Spurling
SwuioTh .4uditors
lill House
58 Guildford Streei
Chertsel"
SuTrei'
kT169BE

R*dio Lolllw)p Il"k) Limiied
Conients of ihe Fin*ncial StAterntnts
For The l'ear Ended 31 December 2023
ge
Report oftlkt Trnstees
Report of ¢ht lTrdeptndeDt Auditors
S¢xt¢fflent of FiD*lltial.4ttiTh'ities
B*l*nte Sheet
otes ¢0 iht Flnxnti*l Ststtmtnis
10 to 17
Det*iled Statement of Financial Arti%ities

Radio ixlllipop (I'KI Llmlied
Report of tht Trusiees
For The l ur Ended 31 Dere¥Dber 2023
The tnjstees WIK) are also directots of the charii). for the purposes of ihe Companies Ad ?0(￿. present their reFx)rt wih
the financial staiemen¢s of the charity for the lear ended i I tkcetnbeT ?O?i. The trusitts hale adopied ihe protrisions
of Ac¢ouThtin¥ and Rew)nin8 bj. Chariiics.. S￿lemen[ of Recommended Ptaciice applicable io Chariiies preparing iheir
accounts in accordance ￿lIb the FinancÉal Rwrting Swmlard applicable in the LK and Republic of Ireland IFRS 10?
(effective l Janur$ 20191.
OWE￿Il.E5.4lD Acfi%"ITI£S
Objecti>e5 xnd %irn5
The principle aclivili of th¢ ¢ompany durins the %"ear w&s the provision of care. comfort and ¢n¢ertainment io children
in h05Pital. through broadcasiing and plaj aciiliiies and ihe compani. Ope￿¢5 ihrou4h hospital siaiioiis staffed by
volunteers. The TnJsie¢s ¢onfLrnI that ihel hai'e referred io ihe guidance Contained in ihe G¢nerdl Guidance on Public
Benefii issued bj the Charit) Comm¥ssion for Ertgland and Il"ales and the Office of The Scolli5h Chariry Regulator
when re%'iewing ihe Chariry'5 aims and objcciii'es in planning fuiure ￿11%.1￿.
AchieTremeni$ And perfornunee
RadÉo LollI￿>p in The L'k is in its 44th )'ear of op¢raiion. and is I￿king with OPiirniSnL io delivering our
s¢rvice5 even more effectively during the yur ah￿1.
Our volunteers eonLinue ￿ proNide D40 fouTwJ-Iherflo¢k radio stsiions. Lolltw>p ?4..7 and LolliTots - th¢ first providing
th¢ opportunity for children io be "on aiff at earh of our host hospitals. Ihe sttond design¢d for pre-school childrcn and
babies. with soTh8s and siorie5 to htlp deielop ihe¥r bond with pareThts and careT5.
Il'e are a150 continuing io ￿0Th. wilh our hosi hospitals io adapt our 5er¥'ices appropri*els in this w)si-pandemic Morld.
and increase our presen¢¢ wilh Crafts and pla). b) Ihe bedside. slo7Ali reiuming 10 pre-pandemic levcls. with the
addition lin some IK*SPit81sl of our hugel). popylar LolliTrollie bringin8 lights. fun and magic io ihe ward.
Fundraising to supply our s¢ryic¢s continues io be challengin& ￿￿ti"¢f our Fundraising Team has worked hard on
iTriiiaiives such as ihe plann¢d laynch of Radio Lollipop Dai. ￿ find ne￿ and innovaiiv¢ methods. Our organisatiortal
wide review. Radio Lolliw)p ?O?S continues to help us irw%'*¢. all0￿1n8 us io be even more ad¢pi at deliierin8 and
focu55ing on Children and their families in IKisPital. with The￿ members of the leadership ieams building experience
alongside those who've been ai the ljean of our organisation for nwi> >eaFs.
We also re-introduced our fa¢¢-fo-fa¢¢ training wttkend this year, which has hel￿d ￿rther motivaie the learn in
prepafaiion for the )¢ar ahead.
The lear has seen us rnurn to the bedside at ihe majoriri of our Ix)ll TrK)SPitals. albeii ￿*11 wilh some level of
restrictions. This combined ￿1th the ￿ntinUing d¢liveTh' of our ts¥o radio s¢Th'i¢es. LOlli￿P ?4,7 and LolliTots. h&s seen
us increasing our l¢vel of afflii'ir). significanilN over ihe pre%'ious >ear. Our biggest fOC￿S h&%. and continues to be. on
volunieer reeruiimeni acTOSS our L k operdtion. as ￿.¢11 as I￿￿king ai ne￿ and innovative ways of raising the funds io
ensur¢ w¢ offer more of our 5¢rvtttS to ¢hildren at our IM)SPita]s.
We've now relUrn￿ to our expansion plans with detsiled wn%Ersations unden425 with further Ih)$1 hosptials in
Martchester and in London. Il'e were for the first lime in a re￿ b.ears been able io bring iogether our local managemeni
teams. fa¢¢ to fxe. for a trainins wtekend. lifling moral. 5harin8 eYperien¢es and developing new skills.
Page I

R*dio Lollipop (I'KI Limlted
Report of the Trustees
For The ) ear Ended Jl Deternbtr 2023
FI%.4%CI.4L REI'IEW.
Financial p05itÉon
Each Radio Lolliw)p volunieer team arourbd the L k is rtsw)nsible for rdi5in8 Ihe flrnds that Ihej nttd io operaie in Iheir
I￿#] hospitsi. Th¢s¢ operaLit)g are fvnded and managed locall%. The principle local costs for (Trperaiing
the or#anisaiion are I I I plav maierials. 10! 5 and 4ifi5 for the children in each Ib)spithl at)d l-l Ihe proi'ision of the rddio
S￿1100 in each hospiial reqltiring b()ih capitsl and revenue e0515. A number of common resource eosts are shared
equallN acr055 all the ￿1]I￿)p teams. Funds ￿ supw>n sha￿d activities sueh as training and 8overnan¢e and
development costs are met from a small certttal fiJnd.
Th¢ rapital costs of rKv4 tadio ¢quipmenL and premises refurbishment are the chariTh 5 lar8e51 sin8le cost. Local teams
will fundvdiS¢ artd save over a number of Jears to med this Cost and curTenil) funds are held for a number of new
studios as hospI￿lS relocate and we move with ihe children io ne￿ hospital pr¢mi5CS.
Tothl ￿Trds received dwing the year amoumed 10 £59.9?0 1?02?: £96.9751. Resource5 expended totslled £102.086
i?o?7: £104.5151. This ￿Su]iCd in a deficit for ihe )ear of £4? 166 1?0??: deficit £7.£401. L￿k"Ing at unresiri¢ted funds
alone. income received amounted 10 £4S.4?01?07?: £96.975I and expendiiutt amounted 10 £90.78$ 1•0?2.. £103.j531.
In addition there w¢re funds irdnsferred from resiricied funds io unresiriaed funds of £7.500 Isee note 161 ￿th1¢h all
resulTed in an unrestricted funds deficit of £37.8651?07?: £6.3781.
The design￿ed reserves wried forward (primarily for ￿udIO equipment - see noie below) are £105.416. ￿rVeS
available for ¢entr￿ ¢osis are le5S than one )earof its running costs and stand at L?? 642.
As the subsidiary cornpan) Feferred to ill %ote l ? was dOn￿an1 through)￿ the )ear and the previous year the thtemeni
of fjnancial activiiie5 refleas the xtivities of ihe companj onl¥.
In%tt¢ment p)1SLTh' *nd objtcii*¢s
The Compan) operaies a slstem m.ith its bankers whereb) funds required for ever)'da!' running of the charity are
transferred to a deFrfJsii accouni. In addition longer temi funds ar¢ held in a high interest rale account. The ¢hariiy
holds no oiher inNesiment5 wilh tht e¥cepiion of ihe shares of its subsidiary- Radio LolliEM)p ITradin8I Limited.
Indemnit> insurAnce
During the Near directors and officer5 indemniry insuTanc¢ premiums of £447 wtre paid i?022: £4351.
Re5eThe5 policy
Each siaiion ieam nominates projects ￿h]Ch it intends io fund (Tr￿ of its eKLsiing resources tO8ether with centrnl
nominaiions by ihe direaors. A¢cordÈnel!'. of the £1*8.058 reserve5 balance of unresthcied funds excluding
Lknrestricted fixed ￿Se15. £IOS.416 has bttn designaied b% lh¢ dirtfflors for use on specific future projects and ne
faciliiies.
Thus free reserves available for continuing acliviiies amount to £2?.64?
expenditure.
This equates ￿ less than on¢ y¢arfs ￿mi¥l
STRI'cfL,RE. GOI'ER%.4NCE AND %1.4%.4GE%IENT
Co￿er￿l￿g d￿Ument
The cornpan) is a registered chariry. number ?80817 in England and SC039505 in Swiland. It is limited by guaraniee
4nd dc*s ￿1 hav¢ a share capithl. li is govfflKd b>. its Memorandurn and Articles of A550¢i*tion.
RecruitmeTrl and *ppointm¢nt of tn15ttts
TrusieeyDire¢iors a￿ s¢l¢cied and inviied its join Ihe Board of Direciots b) ¢XiSling direciors and ihe app)intment of
direciors is i'esied Miih ihe dir¢dor5. Eiisting dirtttors can recommeThd ihe aptmiiniment of a nem dirtCiOT ai anN time.
OrE#nis41ion*l Mrneture
The da} ￿ da) rnanagem¢ni of the eharit).. &s designated b% th¢ direthor& is undertaken b}. lh¢ chairmen of the
i[￿1VidUal stations ￿h0 delega1¢ auihorkry ￿ IMheT ¥N)inied managemeni ieam rnembers vis. secrewy. treasurer. chief
engineer. volunteer co-OTdinaior ¢1¢.
The Direaors m¢ei on a resular three monthly basis and wtih ihe sI￿10n chaimien each half vear. Ai each meeiing the
diTector5 revjeH" the financial performarKe of ihc chariiN. Th¢ dirrcior5 ha%'e a w)liL) of ap￿i￿ling indii'idual
dtrectors to thk¢ direct responsibility for separate wiions and this policy is being d¢v¢10T￿d further.

Radio iA>lllpop IL'K) Limiied
Report of iht Trustees
For The ) Ended 31 Derembtr 2023
STRI'.CTL.RE. GOVERNIANCE AND MANAGE%IE%T
Indurtion and iraining orne* lrusiees
An% ￿tentIal dirccior is inNii¢d io Ihe review ik aims of ihe charity. and ihen is inviied io a nornMI ix)ard meeting and
inirodu¢¢d ¢0 otheT directors. Pro%'iding ther¢ ar¢ ￿ objections the candid&e is ihen irkNited to join the trK)ard. given 2n
information pack and &ssTrgned a fellow director mentor. li is recommended Ihat all dir¢ciors read the relevanl
Charit%. Commission guidelines and the restK>nsibiliiies of direaor5 are rlearll defined under these guidelines.
REFERETr*CE AND ADMINISTIL4TII'E DETAIiS
Re%isiered Company number
015123i9 (England ond Il'alesl
Registered Ch*rity number
?80817
Scottish Cb*riN' number
SCO."?9404
Registered offtce
Charlone Building
Gr¢ss¢ Sireei
London
WIT IQL
Trustees
G L Elderfield
H J Finn OBE
ASGrdy
C E Jon¢s
S A Prescott
D Overton
JRDash
' Ferguson
M K Lowde lappoinied l.9.?31 Iresigned ?l.7 ?41
C Stanislaus lapwinied 1.9.?31
E Craig (appointed ?1.7 ?41
L King (appointed •1.7.•41
Compan) SecTet*ry
L king
A￿dIlorS
Fuller Spurlin8
SiatuiOTr Auditors
Mill House
58 Guildford Sirttt
Chertsey
Surrej
kT169BE
Solicitors
Charles Russell spe￿hlys LLP
5 Fleei Place
London
EC4M 7RD
Bankers
Barcla%s Bank plc
5171419 London Road
North Cheam
Surrey
Smi 8JS
Page 3

Rxdlfj ￿lI(POp ILIKI Llmlted
Report o(tb¢ Trustees
For Tbe Ve•r Ended 31 December 2023
FirriRF. DENTLOPMEYTS
As look ahead 10 20?4. w'e're now. ordering the consrnjction of more LolliTrollics to put into Use around the UK,. Ihe
LolliTrollie is our unique hospi￿1 approved bedside entrnainmeni sssiem ihai. dclil'crcd by our irained volunieers.
brin85 I1￿ht& sound ¢ff¢cts, crafts and fim dKr¢cLly to th¢ ¢hildrcn's bcdside ai an increasing number of our host
hospitals.
Alongside our coniinuing developmeni plan for the futtlre - Radio Lollipop 2025
r'll also be ronduL%tng The Big
Radio Lollipop Survey. a Lomprehensii'e snapshol of our organisaiion w a&sess the skill ba&e and cxperienLes of our
vvlunieers.
Our plannl￿ Training Wc¢kend for 70*4 ￿.117 focus on i'olunTeer reteniion and improvin& and wid¢nin& our play skills
wi¢h L%lXrts joining u5 to 5harc praciical and delii'¢rablc ie¢hniqu¢s.
STATEMENT OF TRL:STEES' RE5PO)SIBILITIES
Thc trusi¥¥s IH'ho arL also ¢hL dirLilor5 of Radio Lollipop (UK) Lirni￿d for thc purposes of conwany law) are
rcsF41115iblc for preparing the Report of ihe TTUStces and th¢ financial stai¢rn¢n￿ in accordancc wih applicablc law and
Uniied Kingdom Accourtting Swidards (L'niied Kingdom G¢ncrally Acccpied Accouniing Pra¢ii¢¢l.
Cornpany law. requires the m%iees io prepare financial siatements for each financial yrdr wthich givc a truc and fair
't¢w of ihc %￿le ol. allairs of the charithle company and of the incorning rcsourc¢s and applicaiion of rcsourccs.
including income and lxpendiiure. of the charitoble comparty for thai period. In preparing (husc financial
stslem¢nts. the tTusiees are required to
selecl suitable &cout)iing policies dnd th¢n apply ihem consisiendy-
observe lh¢ merhods principles Ln lh¢ ChariE) SORP-
make judgcmcn15 and csiimaics thaz ar¢ rrdsofJ3blc and prudcni:
prcparc ihe financial siaiemcnts on the going concern basis unles5 it is inappropri￿e io presume thai the charithblc
company will ¢onLsnu¢ in bwsin¢M.
The trusices are responsjble for k¢¢ping prO￿r ¥¢owilin8 r¢¢ords *'hich disclos¢ wÈth r¢asonabl¥ accurd¢y ai anj. tim
the financial posilion of the charitable cornpany and io enable Ihem TO ensure thai the financial staiements Comply wilh
the Companies Act 2006. Thev are a150 rfsponsible for safeguarding the assets of the charitsble company and hence for
taking r¢asonabl¢ 5tcps for the prei'eniion and d¢i¢ciion of frdud and other i￿egUlarItIcs.
STATEN1ENT.&S TO DISCLOSLRE OF INFOR%I.4TION TO.4LDITORS
So lar ￿ the UlL%i¢es are a￿ar¢. ther¢ is no rel¢1.￿( inlornwtion las defined bi Secuon 418 of the Companies Aci 21M161
of whiLh the Lh￿ri￿61e iUlilPUYi! arc urtii*are. and trus1¢¢ wkrn ull il)¢ )I¢P5 thai LtJ¢y vu¥ht Iv liuv¢
laken as a Irusi¢¢ in ord¢r io m3k¢ thcm aTh7re of any audii infonnatson and io c$￿blIsh that th¢ charitsble company's
audiiors are a￿￿re ofthai infonnaiion.
AUDITORS
The audiiors. Fuller Spurlin& were propjsed for re-ap￿inllDC￿t at the r¢¢eni Annual General Meeting.
Thi5 report has been prepared in accordance with the sp￿18] PTOVi5ions of Part 15 of the Compnies Ac12006 r¢laEing
io sm311 companies.
Approved bv order of thc board of trustc¢s on 21" July 2024 and signed on its behalf by.
L Kin& . . eirctdry
Pa8c 4

Report of ihe Independeni.4udiiors to ¢ht %l¢mlxrs of
Radio LOlli￿p Il'l&l Limiied
Opinion
We have audited ibe rjnanci￿ suiements of Radio Lolliwp ILKI Limited (the 'charitsble ¢ompan)'I for the >'ear ended
31 December ?0?3 ￿h1¢h comprise Ihe Siaiement of Financial .4cli%'itic& thc Balance Sheei and notes to ihe financial
5tai¢Jn¢nt5. in¢luditt8 a summar) of significani accouniing p)li¢ies. The financial reportln8 frame￿ork th& ha5 been
applied in iheir pr¢paralioth is applicable law and United Kin8dom Accounling Standards (United Kingdom Gen¢rally
Accepted Accounting Praciicel.
In our opinion the financial siai¢m¢nts'.
8ive a true and faÉr Vic￿ of the stsie of ihe charithble compan) s affairs as * 31 D¢cember 2023 and of its incoming
resour¢es and application of reSoU￿es. includino its I￿￿The and expenditure. for the Near then ended-
hawe been proper]). prepared in accordance with Lniied Kingdom GenerallN Arcept¢d A¢¢ouniing Praciice: and
hav¢ been prepared in accordance ￿lIh Ihe requirernt￿ts of the Compani¢s.4¢1 ?006.
ha%'e been prepared in accordance ￿1th the Chariiies and Trust¢c INve5tmeni ISwLlandl Acl ?005 and
regulaiion 8 of the Charities Accounts (Scoilandi Regulation5 ?006
Basi5 for opinion
Il'e conducied our audit in a¢￿Idance thith Iniemaiional Standard5 on Auditing (Lkl IISA5 ILK11 and applicable law.
Our re5ponsibilitie5 under those sthndards are further described in the .4udiiors' responsibÉlitie5 for ihe audii of the
rinancial 5Lqiemenis section of our report. Il'e are independeni of the ¢haritable companj in accordance Wilh the
ethical requirements ihai are relevant io our audit of ihe firtancial ststements in ihe LK. including the FRC'S Ethical
Sthrkdard. and the proNision5 available for small ¢thiiiies in the eircumsthnce5 sel out in rt01¢ 18 10 ihe financial
statemenis. and ￿t have fulfilled our other ¢thi¢al ￿spOnSibl]it1eS in accordance wÉih Ihese requirements. We believe
thai ih¢ audit evidence we have obtained is sutyiciem and appwpri*e ￿ provid¢ a b&sis for our opinion.
Conclusions re141ing ¢0 going concern
In audiiing the financial sÈ21ements. ￿e have wncluded thai th¢ mis*e5' use of ihe going ¢on¢em basis of accounting in
the Preparation of the finanrial ststements Is appropriate.
Based on the work. we have perforn￿d. we have noi identif*d 8ny maierial uncertainties ttlating to events or ¢ondiiions
thai. indiwidualli or coll¢¢ti%ely. ma). casi 5iqnificani do￿￿ on ihe ¢harithble compan¥'s abiliN io conttnue as a going
eoncern for a period of ai ltrast tw¢l%'e months from when the financial 51alewnen¢S are auihorised for iSSLte.
Our resronsibilities and the reswisibiliiies of the truy¢¢s with respect ￿ Soins ¢on¢¢rn d¢￿rib¢d in th¢ r¢l¢vani
seciions of ihis t¢￿rt.
Ernph*sis of m•tttr- Prni'ision for liabilities ind ch•rges
In foming our opinion on ihe financial siatem¢nTS. Mhi¢h is Th)t qualified. we hal'e wnsid¢r¢d the adequacy of th¢
di5¢1osures made in note l S io the financial Slate￿entS ¢on¢emiThg the Trustees. &5ses5menl of the provision required for
broadcasiing li¢eD¢e f¢es of £15.0￿. ￿'C ha￿e also reNse*ed the basis of the proNision. There is some doubi wheiher a
proiision is r¢quired at all. or uheiher the probysion is adeqU￿te. The finan¢i•l $th￿￿¢￿ts include any
adjusimen15 thai would be nec¢ssary' if ihis provision yas mai¢rialli' in¢orYe¢t.
Other infornixtion
The INsie¢5 are r¢5wnsible for the other infommtion. The oiher inforniation comprise5 lh¢ inforn*tion tn¢luded it) the
Anr$U￿ ReporL other thjn the fitwicial swements and our Re￿ll of ihe Inde￿ndent Auditors thereon.
Our opinion on the finaneial sthments does noi ¢o%er ihe oiher iTrformation and. e.Kcept to the exieni oiheTh*i5e
explieitlj. ststed in Iw rerxvL we do noi ¢xpres5 an) fomi of ￿￿rance corKlushon thewn.
In ¢ono¢¢iioo wilh our audit of the financial $￿eMen1% our res￿￿57b71l1). is the oiher informatiort and. in doiTrg
80. ctsn5ider whdher ihe oiher inforrNatÉon is materiall%" inconslSl¢nt with the financial *aiemenis or our kno￿ledge
obiained irt ihe audit or oiheTWi5e appear$ 10 be materialli mi551aied. If Me id¢niify' such maierial inconsistencie5 or
apparenl rnateTi¥I misstatements. ￿e are r¢quird to detemine ￿hether this giN¢s rise io a material misstaiement in the
rinan¢ial stsiemenis ihem5¢1ies. If. based on Ihe ￿Ork. we ha%"e perfornied. we eonelude that there is a maierial
missthiemeni of this other infOrn￿l0￿ we are required ￿ rt￿rt thai fa¢L W"e have nothing 10 lYPOrt in ihis r¢gard.
Pagc 5

Re￿rt •f the Indeptndeni.*uditors to the %ltmbeTS of
Radio Lollipop11 IKI Limifed
Opinion5 on other marter5 PTe5cribed ￿. the C.othp•nio .4ci 20116
In our opinion. based on the WOTK" underthk.en in the coutse of the audit-.
Ihe infomwÉion given in ihe Report of ihe Trustees for the financia] )"ear for which ihe financial sthiements are
pr¢pared is ￿nSIStenI ￿1[h ihe financial sthiemenis: and
lh¢ Report of ihe Trusiees has be¢n prepared in accordance with applicable l¢gal requirernents.
latter5 ott whleh *e Ire required io report b). eiception
In ihe liqhi of the kno￿ledge and under5tandinE of ihe charithble company and its environm¢ni obtrined in the course
of the audLL we have not identified material mi55tatements in the Rep)n of the Trusiee
We have noihin￿ to re￿rt in TEspect of the followin8 matters where the Companies A¢1 )006 rwuires us to report to
you sf. in our opinion..
adequate aecouniin8 records have noi bccn kcpt or retums for oyr audit have noi been received from
brdnches noi visiied b). us.. or
the financial 5th1ern¢nTS ar¢ noi in awemeni Miih th¢ acwuniin8 records and reftLrnS: or
certain dtsclosures of trus¢ees' remun¢raiion specifi¢d b% la￿ are noi made: or
'e hav¢ noi weiied all the inftsmaiion and explanations ￿t require for our audiL or
the trustees were not eniitled to thke adNan¢a£e of the small compani¢s ¢x¢mpiion from the wuiremeni ￿ prepwe a
S¢rai¢gi¢ Repon or in preparin8 the Report orth¢ TnLsie
Respon5ibilitie5 of trustee5
As explained more full) in th¢ Stai¢m¢rti of Twsttts. Reswinsibiltiie& the I￿5¥Ce$ lith) at¢ also the direciors of Ihe
¢h8ritsble ¢ompanJ for the Pur￿55e5 of compan%. La￿.) are r￿￿nSible for ihe pr¢p2ration of the financial 5tatem¢nis and
for betng satisfied thai Ihe% give a true and fair I'le￿. and for such in*rnal conirol &$ Ihe iTUS1tt5 deiermine is necessary
io enable ihe preparwion of fiTwicial s¢a*m¢rtts th* are fre¢ from maierial missthiement. ¥Trheth¢r due to fraud or emTrr.
In preparins ihe financtal #aiements. lh¢ trusiees are resTM)nsible for &ssessing the charitable companv's ability to
niinue as a going concern. disclosin& applicable. matters relaied io going eoncern and usiR£ the going con¢ern
b&sis of accounting unle55 the trLLs*es either intend ￿ liquida* the charitsble company or to Ce￿ operations. or have
no realistic alternative blrt io do so.
Page 6

Rtport of thE Independent Awdltors to the Memben of
Our respoDsSbUttles for the #udlt of tbe filland￿ statements
(hjr Objecti￿ are ￿ Ob￿[n reasonable assur￿ atr¥JJt whether the fiftanc￿ as a WI￿￿ ar¢ free from
njatttiai misswellthi whether to fraud or em)r. 8r#l ￿ iswe * ReFK)rt of the Indepenkni Auditors that includes ow
Ith ISA5 (UK) will always d¢tcct a m*riai miss￿1 whrn it Ui5ts. MissTa[c￿ts c4n arisc from fraud or error
and are co￿51der￿1 materia] if. Indi￿d￿allY or in thc they cO￿d Yea￿0•bly be ex￿¢0 to 1Dfiue￿ce thc
The extent w which 0￿p￿t*&1ures are ￿Pable of ￿Tesu￿"ti￿ including fraud is derailed below..
deterri￿ that the EtKM Si8nificant are those that relatc to the Cbariti¢S Act 2011 aDd Charilies SORP as thry direclly
#s part of their fra￿1 diSc￿lOn.
We
evidence.
mi5Statetncnts in relation to fra￿1 in rt]ation to the P￿$$￿111ty of frawjukni or c4MriV PA>Thcnts given the size of the
A fijrther &Scnptt￿ of rt4KmwTr+iliiies for the 8udii of the fillanC￿ 5tatrmeuts is I￿atryI on the Financial Reporllng
Use of our report
ThiB rer￿ is rnade solely to the clwrithble cornplltys as a iKrfty. in aca)rdw with Chapier 3 of Part 16 of
the Cornpawts Art 21))6. 0￿ a￿111 WO￿ lus been $0 th8( we might sthte ￿ the charitable COMp￿Y'S
extent permitted by law. we do moi or assur0¢ rwibility to anyone other th80 the d￿l￿bEC company aod the
Cbaritsble ¢OD]panYs ￿￿rnbE￿ a iK*. foT our3￿111 foT TewJr4 or for the opinions we have fom
Mark Harvey (Senior StatutoryA￿litOr}
for snd ott bebaif of Fu]ler Spurling
Stat￿tory Audito
Mill Howe
58 Guildford Stre
KT16 9BE

R*dlo tA)Ilipop (I'KI Limlied
Si*iemeni of Financial .4rti%'iii¢s
Ilnetsrpor%ting Inrome E%penditure.4ecount)
For The I"t*r Ended 31 Decernber 2023
31.17 73
To￿1
furwjs
31.1?*?
Total
funds
Lnresiriaed
fund
ResiTiCted
fund
IYCO%IE AND ENDOM'IIENTS FRONI
Donations grants and le£acies
11.555
14.4(X)
#6.055
29.460
Fund ratsing aciiviiies
Invesiment income
3?.037
67.302
?13
1.878
TotAI
45.4?0
14.41)0
59.920
96.975
EXPESI DITLRE O
Raisin8 fund5
1,580
1.580
21,355
Chgritable *etil'llies
Direct ChariEable costs
Studio ¢osis
Trainin& travel and conference Co￿$
Governance costs
57.561
5.806
14.946
10.89*
3.557
61.118
5.806
??.6g)
10.89?
58.919
9.843
3.34?
11.046
7.744
Total
IXl.785
11.301
10?.086
104,515
NET INcO￿lE1{EXPE1DITl.RE)
Tnnsfers between fund5
145.j6$1
7.$1)0
3.199
17.5(N)I
14? 1661
17.5401
16
et movemeni In lunds
137.8651
14.iol I
14? 166
17.5401
RECONCILIATIO% OF FL'NDS
Toial funds brought foTh4ard
63.929
736.609
244.149
TOTAL FLINDS CARRIED FoR￿'ARD
134.81
194.443
236.609
CONTI%I"JNG OPER.4TIO%S
All illCOTne and expendÉiuTe ha5 arisen from eontinuing activities.
Of ihe ioial unrestricted funds of£134.815. n￿e 16 dcsignaicd funds for specifi¢ projects of £105.416 and ther¢
are unrestrieied fijnds alread! S￿fit on fk.Ked assets wtih a remainin£ s?lu¢ of £6.757 &4 slK)wn on the balance
sheet. page 9. Thus the available Temaining unrestricted fund> ar¢ £?I.64*
The n￿e$ fonn pan of ihese financial 518tements
Pa8e 8

BglaDte Shett
31 De¢emb¢r 2011
31.12.23
Tothi
31.12.22
Totsl
FIXED ASSETS
Tangible assets
6,755
755
12231
12
757
757
12233
Debtor5
13
8.788
141,
8,788
201,618
17,715
229.581
59,628
150,778
59.628
210.
247396
CREDrroRS
Amounts fallin8 within ODEye4r
14
{7.720)
17.720)
(7.920)
NET CURRENf A&SETS
143.058
59.628
202,686
239J76
TOTAL ASSETS LESS CURRENT
149.815
59.628
209.443
251.6(Y)
PROVISIONS FOR LL4BILfnFS
15
(Is.r￿)
(15.(W)
(15.(W)
IYET ASSETS
134.815
59.628
194.443
23&609
16
Unrestric*d fw¥]s
134.815
59,628
172,680
63.929
TOTAL FUNDS
194.443
236.fA19
subje¢t ￿ the $ll￿ll C¢)tiv￿ ffgime.
And were $i￿d on its iKhalf by:
JRDath.T
OBE.

Radio ￿ll]PDp IL"K} Limited
o¢¢s lo Ihe Fingncigl St8tements
For The I.￿r Ended 31 Dtcember 2023
ACCOiINTING POLICIES
Basis of prep¥ring the finaD¢ial 5ta¢¢ments
The financial 51aietnen15 of ihe charitsble companw. M.hi¢h is a public benefii ¢niity under FRS 102. have been
prepared in accordance with the Charities SORP IFRS 10?) '.4¢couniing and Reporting b) ChariLl¢S.' Siaiemeni
of Recommended PTaaice applicable io ch3riiie5 prepartne iheir accounts ift accordance Mith ihe Finon¢ial
Rep)ning Sthndard appli¢oble in th¢ LK and Republic of Ireland IFRS 10?) leffecitNe l January
Finan¢ial R¢portin8 Standard 10? The Financial RerK>rting Standard applicable in the UK and Republi¢ of
Ireland.. the Charities Au ?01 l and ihe Companies.4a ?￿.
Asset5 and Itabilities are initiall)" recwised at historica] or traT￿ctiON value unless otherwse suied in the
relevani a¢¢ouniing p)li¢)' noies.
Fin*nfi41 ￿pOrting man￿rd 102- redveed disclosure exemptions
Th¢ ¢hariiable ¢ompan% has iak'en odianiag¢ of th¢ folloming disclosur¢ ex¢mption in preparing these financia]
siaiemenw as pennitted by FRS 102 The Financial Reporting Standard applicable in the UK and Republic of
ITeland':
the requirements of Sethion 7 Statemcnt of Cash Flows.
Income
All income is recogni5ed in ihe S￿*Ment of Financial Aciiviiies Or￿ charity entitlement to the funds, li
is probable ihai ihe income will be received and the anK)urt can be measured reliabl).
Donations. grants and legacies ar¢ xcounied for when received.
Inve51ment income is recogni5ed on a r¢ceivabl¢ basis.
Activities for raisin8 fithds are re¢ognised on a receivable basis and include events such Is charity balls.
roadsho￿$ Rnd similar fundrnising acii%iiies.
'olunte¢rs *nd don*ted services And facilitie5
The value of services prokided b) iolunteers is noi inwrporaied inio the% financial 5taiemenis. Further deloils
of the coniribuiion made b). %olunie¢rs ¢aD be found in ihe direaor5' annual rewrt.
'here services are pro%'ided i(Tr the charÈi!' as a donation thai would nomallj. be purchased from our suppliers.
Ihis ¢oniribu¢ion is included in ihe financial siaiemtnt5 at an estimate based on ihe Nalue of Ihe contribution to
the ¢haritv. unless ihe amoun15 are inssgnificant.
Ex￿ndItUre
LiabilÈties are recognised as eypendilure as 5wn 45 therr is a le?al or constructive oblig3tion commirting the
hArity to thai exp¢nd*iure. it is probable ihai a irdnsfer of e(0￿MI¢ b¢n¢fits Mill be required in settlernepi and
the amoLLni of ihe obligaiion can be measured reliabll. Expenditure is a¢¢ouni¢d for on an accruals basis and has
been classified under headings that aggre￿e all cost relaied to the ¢*e¥or%.. M'h¢r¢ ¢osis cannoi be directly
allribuied io particular headings tho. have been ￿k￿ed ￿ aciiviiies on a basis consistent with ihe use of
resources.
All resources e.xpended are cla55ifbed under a¢ii%'it! headings that we431e all costs relat¢d io the category. As
Ihe charily IS not l.'A T TegiSl¢T¢d. ¥.4T 15 charged against ihe ￿egor5 of resources e¥pended for which li was
incurred.
TAngible fixed *55eis
Depreciaiion 15 provided ai th¢ followin8 ann￿] ra￿ in order off each asset over its esiimated useful
Siudio Equipment
20%on¢
Page 10
coniinued...

R*dio LK>llipop (L'KI Lifflited
'oies io ihe Fin*ncial S¢xterntnts- eontinued
For The ) ear Ended Jl Derember 2023
.ACCOI',NTING POLICIES- conlinued
Tgxiiion
Th¢ ¢h4rity i$ ¢x¢mpi frorn cor￿[alL0n tax on its charitable actI￿ticS.
Fund *ceoyntlng
L'Dre5tricted funds can b¢ in acwrdan¢¢ wyth the ¢harithble objeaives * ihe discretion of the trusttts.
Designated fuThls are funds sd aside by the directors out of unrestricted generdl funds for specific ￿[￿re
purposes or projects.
Resirict¢d furkds can onl% be used for particular res¢ri¢*d pur￿$¢$ wiihin obje¢ts of the charity. Re51ri¢tions
arise 5￿CIficd b). Ihc dortor or grnDty)ror funds raised for particular resrriaed purposes.
Further e.xplanation of ihe nature and pur￿$¢ of each fvnd is i￿luded in ih¢ n(Mes to the finanei41 statements.
Debtors
Trdde and other debtors are recosni5ed at the sertlemeni an￿￿nI due after any trade discount offered.
Prepayments ar¢ tralued at the amount prepaid of ani. trade discourts due.
CJsh at bank xnd in h*nd
Cash ai bank includes tash 8nd short temi hi8hly liquid invesirnents with a s￿rt m*urity of ihrtt months or
less from the d￿e of acquisitii)n oropening of the dewjsii or sirnilar account.
Creditor5
Creditots and pn)wisions are recognised where ihe charitv h&$ A preseni obli￿lOn resuliing from a past event
thai will probablN resuli in Ihe irnnsfer of funds io a ihird pan). and ihe amouni due to settle the obligation can
be measured or estimated reliably. Creditors and provision are Th)rniall)' rttognised at their settlemertt amount
after allowing for an! trade dis¢ourt¢s due.
FLND K4ISI%G ACTII'ITIES
31.1???
Fundraising events
Coniribution from other ￿10 Lollipop Compani¢s
17.0(K>
17.000
37.037
67.30?
31.12.23
31.1? ??
Bank iniere51
1.8?8
*13
PzRell
continued...

Radio Lollipop IL'K) Limited
otes to the Financial St4iements- coniinued
For The I'eAr Ended JI DeceThber 2023
CHARITABLE ACTII'ITIES COSTS
Direct
Costs (see
TK)ie
Supw)rt
osts (see
note 61
Totsls
Direci Charitsble cosls
Studio costs
Trdinin4. ird%'el and conference ¢osts
Govemance costs
5.806
10.89*
89.614
10,89?
100.506
DIREcf COSTS OF CHARIT.4BLE.4CTII'ITIES
Including
R¢siri¢ied
in ?0ty3
31.1?.23
31.1? 22
Studio runniog Costs
Gifts and play m•erials
Trainin& trai'el and meeiin8S
Administration and SU[￿r). costs
lThsurdnce
Contribution io Radio Lollipop Tntern*ional Ltd
Depreckation of iansible fixed assets
869
1.699
7.744
S.806
7.008
14.946
34.483
9.311
10.0
7.060
9.843
?.673
3.34?
?3.913
9.437
10.0
1 •.896
989
11.301
89.043
SLtPPORT COSTS
Gov¢mance
cost5
Governance costs
10.89?
SupwTrrt co￿ included in the aiKJve. are as foltows:
Gov¢rnxDce costs
31.12.23
31.12.22
Toial
a¢tiN'iiies
Governan¢¢
costs
Audiior5' remuneration
Audiior5' rernLttheration for non audtl work
Bookkeeping and administw&or
3.150
3J70
4J72
3.035
£.809
2.152
10.897
1.046
Page 12
continued...

R*di(& ￿lI1￿)P Il'k) Limiied
oies ¢0 the Finxncial Stalements- conitnued
For The )"t8r Enthd 31 December 21123
ET INCOMEI{EIPE%DITI'REI
Net income/lexpendtiyrel 15 Stated after ¢hargin&'lcreditÈngl'.
31.12.23
31.1?22
Auditing of accounts
(hh¢r non-audii ser%'ices
3,150
3.370
7.060
-1.0.15
TRL'.STEES' RE%II'%E114TION AJD BENEFITS
There were no iTUStees' remuneration or other b¢nefiis for the year e]Mled 31 Decembcr ?023 t￿r for the year
ended 31 December ?0??
Trustee5' txpe115es
The Charli% reimbursed L?.930 w 6 TnMee5 in the )tar for irabel. subsi￿en¢t and other expenses (2022.. £614
to 2 Trnsiees.)
STAFF C.OSTS
The charii>' employed M stsff in the )'ear. and tsefore incurr¢d no emplojment W5ts.
The ke) manag¢mertt personnel of ¢harit) compri5¢ thr trnstees and the administrator. The benefits of
the kcy rnanag¢ment peT50nrKI of the eharit) ￿tr¢ £4.37? ?0??: L?.15?
10.
CO,%IP.4RATI%"ES FOR THE sfATEIIENT OF FI)ANCI.4L.4crii'iTIES
L'nresiricied
fu
Restricied
fund
Tothl
funds
IINCO%IE AND ENDOIIIIE%TS FROM
Donations grnnts and l¢gacie5
•9.460
29.460
Fund rdising a¢tiviEies
Inwesuneni income
67.30?
?13
67.30?
?13
Totsl
96.975
96.975
EIPE%DITL'RE O
RaisiThg funds
?lJ55
21.355
Ch8ritablt *¢tiiities
Dire¢1 Chariiable ¢osts
Siudio co515
TrainÉn& irdvel and ¢oThftfence ¢05ts
Goveman¢¢ ¢osts
57.757
9.84i
1.162
58.919
9,843
3,34?
11.056
11.056
TotAI
103.353
1.162
104.515
ET IP¥COMEI{EXPENDITI,'RE}
16J781
{1,1621
17.5401
RECONCILI.4TIO% OF FL'NDS
Total funds brniughi foniard
179.058
65.091
?44.149
TOT.4L FLNDS CARRIED FORII.'.4RD
17•.680
63.999
736.609
Page 13
continued...

R*dio Lolli￿p Il'K) Limit¢d
ot¢s to the Financial St#tement5- Colltinued
For The l'ear Ended 31 Decembtr 21123
TANGIBLE FIXED ASSETS
Studio
Equipment
COST
Ai l January ?0?3
Addiiions
386.674
1.584
Ai 31 tk¢ember 20?3
388.ty58
DEPRECI.4TIO
.41 l JanuaTh ?O?-
Char8e for year
374.443
7.060
Ai 31 De¢ernber *0?3
381.503
P4ET BOOK I'ALITE
At 31 December ?0?3
6.755
Ai 31 December 102?
12.
FIXED ASSET IN%"EST%IE%TS
The cornpany holds th¢ wTrKJl¢ of the ordinary share capithl of Radio iA>llirrt)p (Trading) Limiied. 3 company
incorFvratcd in England. undertaking fundraising *"ork" and eosenaniin8 all profits io the company. Thai
company knas domwii Ihroughoui ?0?3 and ?0?! and had no ass¢ts or liabiliiies.
13.
DEBTORS: AMOLJTS FALLI)G DI'E ￿1TH[l OIE I EAR
31.12.23
31.12.22
her debtors
Prep8ymen15
11.550
6.165
8.788
17.715
Pag¢ 14
¢ontinued...

Radio Lollipop {l-Kl Limited
Yotes io the Fin*nrial Siiierntnts- tontinued
For The l egr Ended 31 De¢ember 2023
14.
CREDITORS.. AMOL%TS FALLING DL E M"ITHI% ONE )'E.4R
31.12.23
31.1?.22
Tr*le crtdiiors
A¢cTued expenses
7?0
7?0
7.?00
7.770
7.920
15.
PROVISIOSS FOR LI.4BILITIES
31.1??3
31.1?.2?
Provision fot bft)adcasiing liccD¢e ftts
15.000
The provision relates to possible fees w'hich ma). Etcome palablc in ¢onne¢iioTh ¥Trith Tadio broadcasting ai each
Statkon. The dIr￿lOr5 klieve th* it is unclear whether a liabiliTr aciuall) eNists. Ht5toricalli th¢ compan) has
enjoyed e¥empi sthtus from such fees. HoM'eNer in 7001 bro&Jcasiing licen¢e r¢gulaiion5 were iaried and il
bccame un¢l¢ar M"hether this exempt swus remained in force. During ?01 O. Ihe dir¢¢tors received infomaiion
frorn t￿0 of the ihr¢e Lic¢nsin8 A￿￿K)ntieS concerned that iheir fees arc no* ¢o%'ered by Radio Lollipop's
membership of the Hospital Broadcasting Asso¢iaiton. Tl*se lees are no￿ paid annuall J b) ea¢h stsiion.
r¢mainin8 Auihority. has Indic￿ed an anoyal fet level ￿h1¢h ma). be charged in fuiure. Ho￿ever. the ¢xempi
$18¢US Preiiousli appIl￿ble ma) Still be in force. For prudence the direeior5 consider th￿ a provision or
£15.000 ￿ 31 ￿ December ?0?3 is Slill adeqU￿e ￿ wver an%. fees ￿h7¢h ma). become pa)able and this is Sho￿
in ihe flnancial ststements as a proi'ision in accordance Mith FRS 10?
Pzge 15
conlirtued...

Radio knllip)p Il'k) Llmiied
otes to the Financial Statements- cothiinued
For The l e*r Ended JI December 2023
MO%'E.MEYf i* FLNDS
Restricted funds
Ai31.12.23
At 1.1.23 Incoming
Re50urc¢s
Re￿UrceS
Expended
Southamwon development
Edinburgh- sustaining 5er%'ice
Edinburgh- N'aiional Loiiery. scn50rv io)%
Dundee- Purchase of tablds
Birniingham- for Ipads
Birningham- Davenport for siudio re$￿Ck
Birn)in8ham - NIiddle￿[e Trust
Bristol National Lorter>.
Sludioirait)in&uniforns
GlasBOW - vchtcle and foadthow
equipment
Glasgow - Plai maEeri815 and tablets
Glasgo%4 - Healing power of pla). projeci
Edinburgh- bntera¢iii'¢ equipmeni
Souihampion- Volunieerin8 10 help children
in hospita15
Souihampton . LolliTrolli¢
Microsoft. deielopmeni and connectivity
LO￿de Music- de&¢lopmeni and
conThectÉi'itv
Ceniral - Birmingharn Llnivtr5ity". for
conference
Cash for kids- tyollies
327
397
869
169
2,51JO
?.331
1.085
81
1.000
1.794
1.085
419
2.000
206
3.000
10.(
7.776
4.81)
578
10.000
4.815
578
1.500
1.5
7.51M)
7.5(M)
20.5(KI
20,5(
7.744
7744
989
4.246
6i.9_
14.$00
18.801
9.6?8
The funds received from Microsoft in a p￿1.10￿$ vear hase been recognised as spent on equip￿¢￿1 in Vdrlier
year5 and the amouni has been tyansf¢rred betwzcn Restricted Funds and the General Fund to refl¢ci ihis.
Design4¢¢d Funds
Thr direciors haTrc dtsignot¢d ¢¢rt¥in funds from ihc Lnresiricied Funds of the ¢ompany io be used for the
sp¢cifi¢ future purposes slKTrMrÈ below. FuThds recei¥d durin¥ the >'ear which ￿ere immedi*ely allocaied to
the d¢si8Twed fun&5 are shown iogether with funds expended.
Ai 1.1.23
Incoming
Rtg)ur¢¢s
At31.12.23
Reduction
Funds raised for Radio Lollipop in South
Africa
Studios. planned mwntenan¢e and
pdaies
beside lisieniTh8 iechTK>log}. Hand
held inieractii'¢ ¢hildren's de%'ice5 and
sourcing of crafi and p13v cquipment
5.8?$
725
5.100
*9.?18
29.218
71.098
71.098
106.141
7?5
105.416
Page 16
continued...

R*dio IAAlip)p (L'l&l Limiied
otes lo the Financial Stalements- continued
For The I'e4T Ended 31 December 2023
17.
RELATED PARTI. DISCLOSI'RES
There w¢r¢ no relat¢d pany tyansactions for the year ended 31 December 2023.
FRC ETHICAL STA*DARD- PROI'ISIO%S AI'AILABLE FOR S%IALL ENTITIES
In common with many other busine55es of our size and nwurc we use our auditor5 to assist with the preparatio
of th¢ finwJ¢ial ststements.
19.
LIABILITh' LIMITED BTr' GI'ARANTEE
The company does not have a share Capit￿ and is limi*d b>. guarantee. In the event of the company being
wound up. Ihe M￿lMuM amount which mernb¢r is liable to is £1. There were 10 members at
Ihe ytar end.
Page 17