Charity number: 287866 ## Children in Need Fund Report of the Trustees and Unaudited Financial Statements For the year ended 31 January 2023 Children in Need Fund Contents Page For the year ended 31 January 2023 |Report of the Trustees|1| |---|---| |Independent Examiner's Report to the Trustees|2| |Statement of Financial Activities|3| |Statement of Financial Position|4| |Notes to the Financial Statements|5 to 8| |Detailed Statement of Financial Activities|9| ## Children in Need Fund Report of the Trustees ## For the year ended 31 January 2023 The Trustees have pleasure in presenting their report and the financial statements for the charity for the year ended 31 January 2023. 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 the Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The trustees have considered the Charity Commission’s guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'. ## **REFERENCE AND ADMINISTRATIVE INFORMATION** **Name of Charity** Children in Need Fund **Charity registration number** 287866 **Principal address** 36 - 38 Westbourne Grove Newton Road London W2 5SH ## **Trustees** The trustees and officers serving during the year and since the year end were as follows: Mark Allen David Sloane **Independent examiner** Cunningham and Co Chartered Certified Accountants 135 Notting Hill Gate London W11 3LB Approved by the Board of Trustees and signed on its behalf by Mark Allen ............................................................................. 24 November 2023 Mark Allen Trustee 1 of 9 ## Children in Need Fund Independent Examiners Report to the Trustees For the year ended 31 January 2023 I report to the trustees on my examination of the accounts of the charity for the year ended 31 January 2023. ## **Responsibilities and basis of report** As the charity trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act'). I report in respect of my examination of the charity’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(5)(b) of the Act. ## **Independent examiners qualified statement** I confirm that no other matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. 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 confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached. Cunningham and Co Chartered Certified Accountants 135 Notting Hill Gate London W11 3LB 24 November 2023 2 of 9 ## Children in Need Fund Statement of Financial Activities For the year ended 31 January 2023 |**Notes**
**Income and endowments from:**
Donations and legacies
2
Investments
3
Income from listed investments
Bank interest receivable
**Total**
**Expenditure on:**
Raising funds
4
Costs of generating donations and
legacies
Charitable activities
5
Activities undertaken directly Grants and Donation
**Total**
Net gains/(losses) on investments
**Other recognised gains/losses**
**Net movement in funds**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**£**
66,196
12,561
550
**79,307**
(78)
(63,985)
**(64,063)**
36,802
**52,046**
1,201,345
**1,253,391**|**2022**
**£**
95,870
20,776
9
**116,655**
(96)
(45,631)
**(45,727)**
32,771
**103,699**
1,097,646
**1,201,345**| |---|---|---| 3 of 9 ## Children in Need Fund ## Statement of Financial Position ## As at 31 January 2023 |**Notes**
**Fixed assets**
Investments
**Current assets**
Cash at bank and in hand
**Net current assets**
**Total assets less current liabilities**
**Net assets**
**The funds of the charity**
Unrestricted income funds
9
**Total funds**|**£**
**2023**
1,090,326
**1,090,326**
163,065
**163,065**
**163,065**
**1,253,391**
**1,253,391**
1,253,391
**1,253,391**|**£**
**2022**
1,053,524
**1,053,524**
147,821
**147,821**
**147,821**
**1,201,345**
**1,201,345**
1,201,345
**1,201,345**| |---|---|---| The financial statements were approved and authorised for issue by the Board and signed on its behalf by: Mark Allen Mark Allen Trustee 24 November 2023 4 of 9 Children in Need Fund Notes to the Financial Statements For the year ended 31 January 2023 ## **1. Accounting Policies** ## **Basis of accounting** The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 (FRS 102), and the Charities Act 2011. Children in Need Fund meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). ## **Statement of cash flows** The Trustees have taken advantage of the exemption in SORP FRS 102 from including a cash flow statement in the financial statements on the grounds that the charity is small. ## **Incoming resources** All incoming resources are included in the statement of financial activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: Voluntary income is received by way of grants, donations and gifts and in included in full in the statement of financial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included. Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold. Income from investments in included in the year in which it is receivable. ## **Resources expended** Liabilities are recognised as resources expended when there is a legal or constructive obligation committing the Charity to the expenditure: Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which relates. Cost of generating funds comprise the costs associated with attracting voluntary income and any costs of trading for fundraising purposes including the investment costs. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Support costs are those incurred directly in support of expenditure on the objects of the charity and include project management. 5 of 9 ## Children in Need Fund Notes to the Financial Statements Continued For the year ended 31 January 2023 ## **2. Income from donations and legacies** |**Unrestricted funds**
Donations received
**nvestment income**
**Unrestricted funds**
Income from listed investments
Bank interest receivable
**xpenditure on generating donations and legacies**
**Unrestricted funds**
Support costs
**osts of charitable activities by fund type**
**Unrestricted funds**
Activities undertaken directly Grants and Donations
**nalysis of support costs**
**Voluntary Income**
Bank charges|**2023**
**£**
66,196
**66,196**
**2023**
**£**
12,561
550
**13,111**
**2023**
**£**
78
**78**
**2023**
**£**
63,985
**2023**
**£**
78|**2022**
**£**
95,870
**95,870**
**2022**
**£**
20,776
9
**20,785**
**2022**
**£**
96
**96**
**2022**
**£**
45,631
**2022**
**£**
96| |---|---|---| ## **3. Investment income** ## **4. Expenditure on generating donations and legacies** ## **5. Costs of charitable activities by fund type** ## **6. Analysis of support costs** 6 of 9 Children in Need Fund Notes to the Financial Statements Continued For the year ended 31 January 2023 ## **7. Net income/(expenditure) for the year** This is stated after charging/(crediting): (Gain)/Loss on disposal of fixed asset investments |**2023**|**2022**| |---|---| |**£**|**£**| |(36,802)|(32,771)| ## **8. Comparative for the Statement of Financial Activities** The comparative year values on the Statement of Financial Activities are for unrestricted funds. ## **9. Movement in funds** ## **Unrestricted Funds** |_General_
General
**Unrestricted Funds - Previous year**
_General_
General|**Balance at**
**01/02/2022**
**£**
1,201,345
**1,201,345**
**Balance at**
**01/02/2021**
**£**
1,097,646
**1,097,646**|**Incoming**
**resources**
**£**
79,307
**79,307**
**Incoming**
**resources**
**£**
116,655
**116,655**|**Outgoing**
**resources**
**£**
(64,063)
**(64,063)**
**Outgoing**
**resources**
**£**
(45,727)
**(45,727)**|**Gains and**
**losses**
**£**
36,802
**36,802**
**Gains and**
**losses**
**£**
32,771
**32,771**|**Balance at**
**31/01/2023**
**£**
1,253,391
**1,253,391**
**Balance at**
**31/01/2022**
**£**
1,201,345
**1,201,345**| |---|---|---|---|---|---| ## **10. Analysis of net assets between funds** |**Unrestricted funds**
_General_
General|**Investments**
**Net current**
**assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
**£**
1,090,326
163,065
1,253,391
**1,090,326**
**163,065**
**1,253,391**| |---|---| 7 of 9 Children in Need Fund Notes to the Financial Statements Continued For the year ended 31 January 2023 ## **Previous year** |**Unrestricted funds**
_General_
General|**Investments**
**Net current**
**assets /**
**(liabilities)**
**Net Assets**
**£**
**£**
**£**
1,053,524
147,821
1,201,345
**1,053,524**
**147,821**
**1,201,345**| |---|---| 8 of 9 ## Children in Need Fund Detailed Statement of Financial Activities For the year ended 31 January 2023 |**INCOME AND ENDOWMENT**
**Donations and legacies**
Donations
**Investments**
Income From Listed Investments
Bank Interest Receivable
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Activities undertaken directly Grants and Donations
**SUPPORT COSTS**
**Finance**
Bank charges
**Total resources expended**
**NET INCOME BEFORE GAINS AND LOSSES**
**Other recognised gains and losses**
Gains/(Loss) On Disposal of Commercial
Investments
**Net income before gains and losses**
**Net Income**|**£**
**2023**
66,196
**66,196**
12,561
550
**13,111**
**79,307**
(63,985)
**(63,985)**
(78)
**(78)**
**(64,063)**
36,802
**36,802**
**36,802**
**52,046**|**£**
**2022**
95,870| |---|---|---| |||**95,870**
20,776
9| |||**20,785**| |||**116,655**
(45,631)| |||**(45,631)**
(96)| |||**(96)**| |||**(45,727)**
32,771| |||**32,771**| |||**32,771**
**103,699**| 9 of 9 This page does not form part of the statutory financial statements **Issuer** Sloane & Co. LLP **Document generated** Fri, 24th Nov 2023 13:48:12 UTC **Document fingerprint** aa6a68640d54c0e48c1a57bf2acc57cc ## **Parties involved with this document** ## **Document processed** ## **Party + Fingerprint** Tue, 28th Nov 2023 9:32:37 UTC Thu, 30th Nov 2023 15:54:34 UTC Mark Allen - Signer (b05085f8551a5ff7f82036c570fdaf83) Willie Cunningham - Signer (810f6a53bad04aeaf205117ee28a0b45) ## **Audit history log** ## **Date** ## **Action** Thu, 30th Nov 2023 15:54:35 UTC Thu, 30th Nov 2023 15:54:34 UTC Thu, 30th Nov 2023 15:54:34 UTC Thu, 30th Nov 2023 15:53:00 UTC Thu, 30th Nov 2023 15:04:43 UTC Thu, 30th Nov 2023 15:04:43 UTC Thu, 30th Nov 2023 13:23:59 UTC Thu, 30th Nov 2023 13:23:58 UTC Tue, 28th Nov 2023 9:32:38 UTC Tue, 28th Nov 2023 9:32:38 UTC Tue, 28th Nov 2023 9:32:37 UTC Tue, 28th Nov 2023 9:32:37 UTC Tue, 28th Nov 2023 9:32:24 UTC Tue, 28th Nov 2023 5:48:36 UTC Tue, 28th Nov 2023 5:48:36 UTC Fri, 24th Nov 2023 13:50:17 UTC Fri, 24th Nov 2023 13:50:13 UTC Fri, 24th Nov 2023 13:49:29 UTC Fri, 24th Nov 2023 13:49:29 UTC Willie Cunningham viewed the envelope (109.73.121.153) This envelope has been signed by all parties (109.73.121.153) Willie Cunningham signed the envelope (109.73.121.153) Willie Cunningham viewed the envelope (109.73.121.152) Document emailed to willie@cunninghamandco.com (18.168.200.99) Sent Willie Cunningham a reminder to sign the document. (5.64.196.130) Document emailed to willie@cunninghamandco.com (18.130.254.251) Sent Willie Cunningham a reminder to sign the document. (5.64.196.130) Mark Allen viewed the envelope (31.49.139.14) Document emailed to willie@cunninghamandco.com (3.10.118.239) Sent the envelope to Willie Cunningham (willie@cunninghamandco.com) for signing (31.49.139.14) Mark Allen signed the envelope (31.49.139.14) Mark Allen viewed the envelope (31.49.139.14) Document emailed to mark@sloane.co.uk (3.8.211.239) Sent Mark Allen a reminder to sign the document. (5.64.196.130) Document emailed to mark@sloane.co.uk (18.133.161.70) Sent the envelope to Mark Allen (mark@sloane.co.uk) for signing (51.191.109.56) Willie Cunningham has been assigned to this envelope (51.191.109.56) Mark Allen has been assigned to this envelope (51.191.109.56) Fri, 24th Nov 2023 13:48:33 UTC Fri, 24th Nov 2023 13:48:33 UTC Document generated with fingerprint aa6a68640d54c0e48c1a57bf2acc57cc (51.191.109.56) Fri, 24th Nov 2023 13:48:12 UTC Envelope generated by Neeraja Thiruchittampalam (51.191.109.56)