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Company number (England and Wales): 1815689 Charity number (England and Wales): 289600 Charity number (Scotland): SC045010
## **WELLCHILD**
**(A Company Limited by Guarantee and a Registered Charity)**
**Annual Report**
**Year Ended 31 March 2022**
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## **WELLCHILD (A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
|**INDEX**||
|---|---|
|Charity Information|1|
|Report of the Trustees|2 – 15|
|Independent Auditor’s Report to the Members and Trustees of WellChild|16 - 18|
|Consolidated Statement of Financial Activities (including an income and expenditure account)|19|
|Balance Sheets|20|
|Consolidated Cash Flow Statement|21|
|Notes to the Financial Statements|22 – 43|
Annual report for the year ended 31 March 2022
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**WELLCHILD**
## **(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **CHARITY INFORMATION**
## **PATRON**
The Duke of Sussex
## **KEY MANAGEMENT PERSONNEL**
David (Craig) Hatch – Chair (from 6[th] July 2021) Nicholas Fisher – Vice Chair Rosalind Futter – Treasurer Leanne Cooper Simon Hardy Dr Huw Jenkins Elizabeth Morgan Ruth Seymour Andrew Osborne – Chair (to 6[th] July 2021)
## **SENIOR MANAGEMENT TEAM**
Colin Dyer – Chief Executive (to 15[th] April 2022) Matt James – Director of Communications and Engagement (to 15th April 2022) Matt James – Interim Chief Executive (from 15[th] April 2022) Abigail Guilding – Director of Fundraising Emily Henderson – Director of Operations Tara Parker – Director of Programmes (to 30[th] November 2021)
## **COMPANY SECRETARY**
Emily Henderson
## **REGISTERED AND PRINCIPAL OFFICE**
16 Royal Crescent Cheltenham GL50 3DA
## **COMPANY NUMBER**
1815689
## **CHARITY NUMBER**
289600 England and Wales and SC045010 Scotland
## **INDEPENDENT AUDITOR**
Crowe U.K. LLP 4[th] Floor St James House St James Square Cheltenham GL50 3PR
## **BANKERS**
Barclays Bank 128 High Street Cheltenham GL50 1EG
Annual report and accounts for the year ended 31 March 2022
1
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**WELLCHILD**
**(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **REPORT OF THE TRUSTEES**
## **INTRODUCTION**
WellChild is the UK’s national charity for seriously ill children. The charity’s key objective is working to ensure that all children and young people in the UK living with serious health needs have the best chance to thrive – properly supported at home with their families.
WellChild is a registered charity in England and Wales (number 289600) and Scotland (number SC045010) and is a company limited by guarantee (number 1815689). Details on the structure of the charity can be seen on pages 10 to 11 and WellChild’s independently audited financial statements for the year covered by this report can be found on pages 16 to 18.
The object of the charity is the relief of sickness, primarily but not exclusively among sick and seriously ill children and young people and their families and carers, by:
- The provision, promotion and advancement of charitable activities and services to care for and support the sick and seriously ill, and their families and carers, to ensure that they have the best possible quality of life.
- The promotion, financing, maintenance, and furtherance of medical and health research and ensuring the effective dissemination of the useful results of such research by supporting, informing and educating the sick, their families and their carers.
- The provision of information and education on the avoidance of sickness and the provision of health and welfare.
- Acting on behalf of, promoting and furthering the needs and welfare of the sick and seriously ill and their families and carers.
- Such other charitable purposes as the Trustees in their discretion see fit.
## **CHARITABLE PROGRAMMES SUMMARY**
All funds assigned to WellChild’s charitable programmes during the year were consistent with the aims set out in the charity’s strategy (first published June 2018 and available at www.wellchild.org.uk). Funds were allocated to:
- The WellChild Nurse programme, which is estimated to have supported more than 3,000 children and young people and their families during the year. The charity’s three-year funding for WellChild Nurse posts in Manchester, Gloucestershire, Flintshire and London was completed. Five new professional sub-groups were created, bringing WellChild Nurses together from across the country to share expertise and best practice across a range of national issues.
- The Better At Home training programme, which delivered 3,627 training sessions for more than 1,100 individuals including parents, carers and child health professionals.
- The completion of 27 Helping Hands home suitability projects around the UK, including one community project creating a safe, accessible, and sensory outside space for The Birches Respite Centre in Coventry.
- Launch of the online Family Information Hub, with more than 31 information articles and resources for families viewed more than 10,500 times since launch.
- Enhancements to the WellChild Family Tree online support group and associated activities, improving the support provided by the service. This included delivery of more than 12 virtual and face-to-face events aimed at bringing families together for a range of support, information and family activities.
- Second phase of the Medicines for Children App project in partnership with the Royal College of Paediatric and Child Health (RCPCH) and the Neonatal & Paediatric Pharmacists Group (NPPG).
- The WellChild Awards 2021 programme and event returning to shine a light on the challenges families faced during the COVID-19 pandemic.
Annual report and accounts for the year ended 31 March 2022
2
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**WELLCHILD**
**(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **REPORT OF THE TRUSTEES**
## **REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
WellChild’s Board of Trustees presents the charity’s Annual Report and Accounts for the year ended 31 March 2022. This report summarises the charity’s activities, achievements, and challenges over the past 12 months. The COVID-19 pandemic continued to affect the charity’s plans across all areas throughout the year, creating a new and ever-changing set of aims and tasks as the organisation adapted its services and working practices to meet the needs of children, young people and families, whilst building resilience to protect the charity ahead of an expected difficult fundraising period. In addition, this report outlines the charity’s goals for the year to come, which have also been influenced by the continuing impact of the pandemic on the charity and those families it supports.
This combined annual report contains a Trustees’ report as required by company law. More detailed information on all areas of WellChild’s activity can be found at www.wellchild.org.uk
## **FINANCIAL SUMMARY**
- The charity allocated £1,062,194 to its charitable programmes in 2021/22, with a significant increase in investment in areas such as the Helping Hands programme, where we were able to resume garden transformations as COVID-19 restrictions lessened and it was safe for them to be carried out. We also increased our Investment in information, dissemination and campaigning increased also.
- The charity allocated 66% per cent of its total expenditure to charitable programmes. Post COVID-19, there have been delays in fundraising for new charitable grants within WellChild’s charitable programmes. Whilst there were no new grants committed during the year, all existing grant commitments continued to be paid out across the WellChild Nurse and Better at Home programmes as well as the Medicines for Children App project. Post Covid-19 we continue to focus on fundraising for new charitable programme grants, with a focus on new WellChild Nurse and Better at Home projects for 2022/23.
- Income for the year was £1,274,921, a decrease of £658,931 compared to 2020/21. This included a 62% reduction in donations and legacy income compared to the COVID-19 resilience funding received in the previous year and the end of the Wolfram Syndrome Family Co-ordinator statutory income. The charity did see a £471,535 increase in income from challenge and fundraising events after an easing of COVID-19 restrictions during the latter part of the year.
- Expenditure on raising funds increased by approximately 32 per cent when compared to the previous year, mainly due to the ability to run more fundraising events than the previous year, and their associated costs.
- WellChild ended the year with an undesignated reserve of £668,091 (see note 16), which was a return towards more normal levels of free reserves compared to the prior year’s higher figure of £946,521. In 2021/22 we amended our reserves policy to allow a temporary increase to enable the charity to remain resilient in a difficult economic and fundraising environment. The charity’s reserve policy can be found on page 13.
## **COVID-19 IMPACT AND RESPONSE**
The COVID-19 crisis continued to have an impact on the charity and its beneficiaries during the financial year, but the charity demonstrated its ability to adapt its programmes and services to meet the needs of families as they arose.
The charity saw the return of some activities and events that had been paused or cancelled during the height of the pandemic. The Helping Hands programme was able to deliver projects at a more typical rate despite operating in a more restricted capacity and without the help of volunteers at the beginning of the year, ensuring the safety of the charity’s beneficiaries and staff.
As some of WellChild’s traditional activities and events returned, the charity consolidated the success of its COVID response work in a number of areas. The charity launched the online Family Information Hub, developed from the work carried out in the previous financial year and conducted research and scoping work into potential models for a new direct support service for families, following the impact of the COVID-19 Direct Response Service in 2020/2021.
Annual report and accounts for the year ended 31 March 2022
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**WELLCHILD**
**(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **REPORT OF THE TRUSTEES**
WellChild families faced many challenges during the year following the impact of COVID-19. The charity launched a campaign to raise awareness of the pressure care staff shortages were placing on families increasingly being expected to deliver round the clock medical care alone and the charity’s involvement in the Disabled Children’s Partnership (DCP) continued, campaigning strongly for better funding and services for families with disabled children.
## **WELLCHILD CHARITABLE PROGRAMMES**
Despite the ongoing challenges posed by the COVID-19 pandemic, WellChild was able to continue delivering on the key aims of its five-year charitable strategy ‘HOME’, published in June 2018.
The charity’s vision is for every child and young person living with serious health needs to have the best chance to thrive, properly supported at home with their families. Central to that mission is the belief that every child, young person and family must have:
- The opportunity to be cared for at home, whenever and wherever possible.
- Access to high quality, appropriate care and services, whatever their health needs.
- Involvement in all decisions regarding their care.
The organisation’s strategy has four key priorities for its work:
- Home Is Best – expanding and developing the WellChild Nurse programme and overcoming barriers to hospital discharge.
- Confident To Care – improving the accessibility, quality and consistency of information and training for families, including work to establish a network of Better At Home Training Resources.
- Enabled To Thrive – laying the foundations for a safe, stimulating and happy home life, including expansion of the Helping Hands programme and WellChild Family Tree.
- A Voice & A Priority – ensuring that the needs of families are recognised publicly and at the highest levels.
This report sets out the WellChild’s achievements in each of these priority areas during 2021/2022, along with the charity’s goals for the year ahead.
Whilst COVID-19, a cost-of-living crisis, and international events such as the war in Ukraine will create their own unique pressures, WellChild will strive to achieve these goals and adhere to its mission to give seriously ill children, young people and families the ‘best chance to thrive’, despite an unpredictable external environment.
During the year a project was initiated to standardise our impact reporting measures across our organisation. This it is hoped will form the basis for future impact reporting and strategy development.
## **Home Is Best**
During the financial year, we celebrated the 15[th] anniversary of the WellChild Nurse programme. There are now 50 WellChild Nurses working within children’s hospitals and community settings across the UK. During the COVID-19 pandemic, some undertook emergency roles within their respective NHS Trusts. Most of these Nurses were able to return to their primary roles during the past year, although still face considerable pressures because of the COVID-19 pandemic. It is estimated that WellChild Nurses supported more than 3,000 children, young people and their families during the year.
- The charity completed three-year funding for WellChild Nurse posts in Manchester, Gloucestershire, Flintshire and London during the year, with those roles now funded by the relevant NHS Trusts as part of the charity’s legacy funding model. Meanwhile, nine new post holders were inducted into existing WellChild Nurse roles during the year, continuing the development of the network and the creation of future children’s nurse leaders.
- During the year, five new professional sub-groups were created, bringing WellChild Nurses together from across the country to share expertise and best practice across a range of national issues, including Continuing Care, Palliative Care, Parent Training, Long Term Ventilation (LTV) and Complex Discharge. This complements the existing Transition subgroup, which this year helped to produce a Transition Q&A family resource guide and an associated Easy Read Guide for young people. The subgroups allow WellChild Nurses who work across these areas access to peer-to-peer support, collaboration opportunities and a channel for keeping up to date with national issues.
Annual report and accounts for the year ended 31 March 2022
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**WELLCHILD**
## **(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **REPORT OF THE TRUSTEES**
- As planned, WellChild worked in collaboration with the Pan Thames LTV Collaborative to complete and launch the ‘10 Principles for Complex Discharge Guidance and Toolkit’. The kit contains guiding principles and eleven information documents and templates to support health and care professionals to improve practice for all children and young people requiring a complex discharge from hospital to home and beyond. In situations where children do spend time in hospital, our goal is that this will be a useful reference framework to give clinicians the information and tools to ensure that there is a consistent, safe and timely approach to discharge.
- The charity celebrated the success of WellChild Parent Trainer Nurse, Laura Truscott-Wright at Cardiff and Vale University Health Board, who won the prestigious Suzanne Goodall Paediatric Royal College of Nursing (RCN) Award for making an outstanding contribution to the care of children or young people with a lifelong or life-limiting illness.
- A project was initiated to review WellChild Nurse reporting procedures to enable improved impact and evaluation reporting and to feed into our organisational impact review.
Our priorities and targets for 2022/23 and beyond in this area of work include:
- Work to identify and establish new WellChild Nurse posts across the UK, including the five currently on the charity’s waiting list, and those in areas where demand is greatest.
- Continue the work of the WellChild Nurse sub-groups to identify opportunities for new nurse-led projects and collaborations.
- Review and evaluate the 10 Principles for Complex Discharge project and seek professional endorsements to widen use of the toolkit.
- Work with the WellChild Nurse Transition sub-group to develop a set of national guiding principles and professional resources for improving Transition practices and outcomes for young people.
## **Confident To Care**
The provision of quality and consistent training and information is critical in giving families the confidence to care for a child with serious and complex medical conditions safely at home. This became even more important this year with many families continuing to isolate at home following the COVID-19 pandemic and with care staff shortages placing immense pressure on many families to deliver round-the-clock medical care alone.
- The charity continued with its investment into the Better At Home Training programme during the year and has now funded eleven projects across the country to date. This includes innovative parent training suites within nine NHS Trusts; specialist training kits and equipment; and five specialist WellChild Parent Trainer Nurses working across England, Scotland and Wales.
- During the year, 3,627 training sessions were delivered to more than 1,100 individuals including parents, carers, wider family members and child health professionals. Training included procedures such as tracheostomy changes and the management of emergency scenarios including basic life support.
- The charity also consolidated many of the online information articles published in the previous year into the launch of a new online Family Information Hub on the WellChild website. 32 online articles were published on subjects such as condition management, wellbeing, and information to help families navigate their journey from hospital discharge to transition to adult services. The content within the hub is informed by the needs and issues being faced by families within the WellChild Family Tree network and by the WellChild Nurse and health professional community. In its first year, the Information Hub attracted more than 10,500 visitors.
- Our partnership with the Royal College of Paediatrics and Child Health (RCPCH) and the Neo-natal Paediatric and Pharmacists Group (NPPG) continued as we invested further in the development of the Medicines for Children online information website, which was redesigned and relaunched during the year with a better, more accessible user experience, receiving more than 2.8m pageviews. We also kick-started phase two of the development of a Medicines Management App aimed at making complex medication management easier for parents and carers.
Annual report and accounts for the year ended 31 March 2022
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**WELLCHILD (A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **REPORT OF THE TRUSTEES**
Our priorities and targets for 2022/23 and beyond in this area of work are:
- To look for opportunities to expand the Better At Home Training programme to give more families access to quality training and resources.
- Conduct an evaluation of the Family Information Hub and continue its development to ensure we are responding to the most pressing needs of families.
- To work with the RCPCH and NPPG to complete phase two development of a Medicines Management App for families.
## **Enabled To Thrive**
Giving families the support and opportunity to thrive at home was the focus of a lot of our COVID-19 response work during the previous financial year, particularly in the development of the charity’s digital programmes and services. 2021/2022 saw a consolidation of that work and the return of some of our more traditional direct family support programmes. More than £871,000 was invested in the charity’s information, family engagement, participation, communications and Helping Hands work during the year.
- There were 2,848 families in the WellChild Family Tree network at the end of 2021/2022, which is a 5% increase on the previous year. 960 were in the charity’s closed Facebook Group, within which there were 729 conversations on topics ranging from condition management and COVID-19 to emotional resilience and celebrating positive moments. Work continued on the Catalyst programme, which saw enhancements made to the Facebook group and WellChild Family Tree joining process that will help families access relevant peer-to-peer support quicker.
- 12 virtual events were hosted during the year providing information, emotional support and fun activities for WellChild families. This included two virtual zoo tours, seven Parent Ambassador-led coffee mornings and a transition Q&A webinar.
- The charity also hosted its first physical family event since before the pandemic with the inaugural ‘Giddy Up for Good’ pony riding event for WellChild families in partnership with The Jockey Club and Cotswold Riding for the Disabled (RDA). The event was held at Cheltenham Racecourse and attended by WellChild Ambassador, Sir AP McCoy.
- With the pandemic and the associated restrictions being changeable throughout the financial year, WellChild Helping Hands continued to deliver as a programme and adapted to balance the needs of our beneficiaries and the safety of our staff and corporate partner volunteers. £284,181 was invested in this programme, an increase of £154,983 (54%). With the help and support of eight different corporate partners, the team delivered a total of 27 garden transformation projects throughout the year, for an estimated 83 children and young people. This included a three-day community project undertaken entirely by WellChild staff, transforming the outside space at The Birches Respite Centre in Coventry into a safer, more accessible, and sensory environment for the 20 children and families that use the centre.
- Following research that revealed finding local services to be a big challenge that many families face, the charity was accepted onto Comic Relief’s Tech for Good programme during the year, receiving funding and mentoring support to develop a new online tool to help families discover and access local services quicker. It is hoped that the tool will be launched in the new financial year.
- A scoping project was completed into the needs of families and what future models of support should look like. Research demonstrated the potential value of a Family Support Worker post.
Our priorities and targets for 2022/23 and beyond in this area of work are:
- Increase the number of Helping Hands projects with the aim of delivering between 30 and 36 projects during the next financial year.
- Evaluate the longer-term impact of the Helping Hands programme through the introduction of family ‘Follow Up’ visits during the year. This will form part of the organisation’s wider impact and evaluation project.
- Launch an ‘In Your Area’ online tool to help families find and access local services quicker.
- Develop and expand our family events and engagement programme, including the Giddy Up for Good initiative to bring families together and give children, young people and their families moments to remember.
Annual report and accounts for the year ended 31 March 2022
6
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**WELLCHILD (A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **REPORT OF THE TRUSTEES**
## **A Voice & A Priority**
During the height of the COVID-19 pandemic, WellChild worked hard to raise awareness of the issues facing seriously ill children, young people and their families, who found themselves more isolated and forgotten than ever before. That work was ongoing during 2021/2022 as families continued to suffer disproportionately from the impact of the COVID-19 pandemic. The year also saw WellChild families directly contribute to a range of national research projects aimed at improving understanding and professional practice.
- The charity’s Care Crisis campaign highlighted research by the charity that revealed the impact of care staff shortages on families, with 88% of families reporting that they are being expected to cover staff shortages and deliver round-the-clock care routines alone. The campaign called for a ‘New Deal’ for families caring for a seriously ill child at home. The campaign highlighted the immense pressure that many families are under and was reported on both Sky News and across regional media, and has been presented to a number of regional continuing care networks and working groups.
- The WellChild Awards returned in the summer of 2021 with a celebration at Kew Gardens in London attended by WellChild Patron, The Duke of Sussex and a host of celebrity guests including Ed Sheeran, Ronnie Wood and Anne-Marie. We received more than 153 nominations from across the UK and the inspiring award winner stories helped shine a light on many of the challenges faced by families during the COVID-19 pandemic and the inspirational work of professionals, young carers and volunteers who supported them.
- WellChild now has 31 Parent Ambassadors and, in total 112 individuals volunteered to participate in various family involvement activities during the year from research to campaigning. This included four research coffee mornings and three online surveys. Projects included the development of a Long-Term Ventilation (LTV) ethical framework and resources for parents (in partnership with the PAN Thames LTV Collaborative), Swallowing and Feeding outcomes for children on LTV (in partnership with Evelina London Children's Hospital) and Medicines Management (in partnership with the RCPCH and NPPG).
- WellChild continued its support as a founding member of the Disabled Children’s Partnership (DCP). DCP is a consortium of more than 68 disabled children’s charities, and campaigns for improved services and support for disabled children and their families. DCP played a key role this year in researching and communicating the impact of COVID-19 on disabled children and their families and actively campaigning for improvements to disabled children’s services, funding and challenging decision making and public policy at the highest levels.
Our priorities and targets for 2022/23 and beyond in this area of work are:
- To take forward the Care Crisis campaign and use the voice of families to inform decision-makers and improve awareness of the challenges faced by families.
- Build on the Awards programme and explore ways to provide longer term support and development to WellChild Awards winners.
- Promote and encourage more opportunities for families to contribute to national research and projects aimed at improving outcomes for families caring for children with serious and complex medical needs.
## **COMMUNICATION**
Communicating the impact of the charity’s work and raising awareness of the challenges that families face is always critical to attracting and engaging supporters, decision-makers and families. This year the charity also sought to deliver additional value to its beneficiaries through its primary digital communication channels.
- The charity launched a new website during the year that included new features to improve the user experience and the ability for families and supporters to find the information that they need more easily. One highlight of the new site was the launch of the new Family Information Hub and professionals area, enabling us to deliver greater value to families and professionals through the WellChild website through a range of information and resources relating to issues faced by families caring for a child with serious health needs, from communicating pain, to complex discharge.
Annual report and accounts for the year ended 31 March 2022
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**WELLCHILD**
## **(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **REPORT OF THE TRUSTEES**
- The WellChild Awards, attended by WellChild Patron, The Duke of Sussex generated widespread national and online media coverage, placing a spotlight on inspiring stories from children, young people, professionals and volunteers from across the UK. The Awards helped to highlight many of the challenges facing families during COVID-19 and celebrated their resilience and the work of those who went out of their way to support them.
- A WellChild Helping Hands project in Manchester featured in a BBC Newsnight report on the issues around a lack of adequate housing faced by children and young people with serious health needs and their families.
- We celebrated the work of our most recent nurse posts in Gloucestershire, Manchester and for the Parent Trainer and first Better at Home Suite in London at St George’s hospital, which was featured in The Evening Standard.
- The charity’s Care Crisis campaign made national headlines with a report on Sky News and across regional media, highlighting the struggles facing many families in having to cover care staff shortages as a result of COVID-19.
- The charity enjoyed a second successful year as a partner with The Jockey Club for The Festival at Cheltenham Racecourse, during which it announced Smad Place as WellChild’s first equine ambassador and opened the new WellChild Walkway. The partnership generated widespread news coverage for WellChild and the charity’s work.
Our priorities and targets for 2022/23 and beyond in this area of work are:
- To support the charity’s impact project by developing a suite of communications tools and content to help improve the communication of the charity’s impact to different stakeholders.
- Enhance the website’s value to end users by supporting the development of new content and online information tools and resources for WellChild families.
- Develop a stronger public voice for families on key issues including care staff shortages and transition.
## **FUNDRAISING**
WellChild is a member of the Fundraising Regulator, and we comply with the standards laid out in the Fundraising Regulator’s Code of Fundraising Practice. WellChild staff and volunteers carry out the charity’s fundraising activities, and whilst we do work with specialists for advice and support of our event fundraising activities, we do not employ external agencies to carry out professional fundraising on our behalf.
Following the implementation of the General Data Protection Regulation (GDPR) 2018, and The UK GDPR (January 2021), WellChild relies on consent for all its marketing activities. In line with our Data Protection Policy, the charity does not sell and has not given data to third parties without express permission. Access to the WellChild database by staff and volunteers is strictly controlled with varying access levels as determined by the Senior Management Team (SMT).
In addition, WellChild treats its responsibility towards supporters in vulnerable circumstances with the upmost importance, and our fundraisers are provided with guidance and support to help them respond appropriately to any individual who they consider this might apply to.
Any complaints received during the year are recorded. There were no complaints received in the year. A Complaint Handling Procedure exists and is continually reviewed to ensure it meets the requirements.
WellChild’s income for the 12 months covered by this report was £1,274,921, approximately a third lower than in the previous year, due mostly to a reduction in donations from trusts and legacies which is a reflection of the challenging landscape.
However, this was mitigated in part by an increase in challenge fundraising of £471,535 from £204,942 in 2020/21 to £676,477 in 2021/22.
Annual report and accounts for the year ended 31 March 2022
8
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**WELLCHILD**
**(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **REPORT OF THE TRUSTEES**
## **OUR PEOPLE**
WellChild is committed to investing in and continually improving the capability and competence of the charity’s team through robust recruitment processes, training and personal development, and engagement with those benefitting from and those delivering WellChild’s charitable programmes. The team’s skills, experience, commitment and dedication enable the charity to deliver exceptional services to the children, young people and families that we support.
Operating as an effective and efficient business is critical and the whole team is dedicated to ensuring the limited funds, and resources the charity are being used to achieve the maximum impact.
Some WellChild staff were unable to carry out their normal roles due to government restrictions, lockdowns, and infection-risk. In order to navigate through the Coronavirus pandemic, WellChild continued to use the Government’s Coronavirus Retention (Furlough) Scheme to protect staff jobs in both the short-term and longterm, with the scheme assisting in the strategy designed to ensure the survival of the charity. During the period, the charity claimed £21,429 from the Coronavirus Job Retention Scheme.
WellChild observed and adhered to all Government restrictions, particularly as many of the children and young people supported are extremely clinically vulnerable, and many were shielding. As such the charity was not able to operate its in-demand and successful Helping Hands Programme at the beginning of the year, only seeing a return in May 2021. Initial projects were limited to the Helping Hands Team only (2 staff members to minimise risk), before working with corporate partners again from August 2021, once restrictions were lifted further. Full risk assessments, method statements and collaboration with corporate partners and beneficiary families were conducted and agreed to fulfil the projects.
The volunteer network has been affected by the COVID-19 pandemic and we are delighted to have seen a return of volunteers at fundraising events such as the London marathon in October 2021. Volunteers are a vital support function and we are fortunate to have a dedicated and committed team.
WellChild implemented a Working from Home Policy in August 2021 and staff signed up to a hybrid model of working; partly in the office and partly from home. This has been as a result of the Government guidance during the COVID-19 pandemic to ‘work from home’, where it was soon realised this was possible and there were huge benefits to this. Staff were consulted throughout the pandemic with a series of surveys to check their welfare, work conditions and more. Once the restrictions started to ease, the charity sought to understand how staff would like to return to the office. The overriding result was that staff felt working from home allowed time to focus and working in the office allows for face-to-face collaboration on projects/specific work tasks, both of which were equally as productive and beneficial. Therefore, a hybrid model was chosen. The office was repurposed to allow for as best a working collaborative space as possible. WellChild had already invested in IT technology in 2020, enabling staff to work seamlessly from home or office in a secure, efficient way. Full functionality of Microsoft Office365, Microsoft Teams, and a secure data-management system has enabled this to ensure productive, secure remote access for all staff. This in turn has enabled excellent communication and collaboration on projects and work tasks, whilst maintaining adherence to data protection. Support provided to the staff has been high priority to ensure health and wellbeing, and a flexible approach to individual situations has been adopted.
WellChild is committed to employment policies and procedures based on equal opportunities for all employees, potential employees, Trustees, and other volunteers irrespective of sex, gender, race, religion and beliefs, sexual orientation, age, disability, or marital status. We celebrate and value diversity and aim to create an organisational ethos that is supportive, fair, and free from discrimination and to ensure that all people are treated with dignity and respect.
## **STATEMENT OF PUBLIC BENEFIT**
WellChild provides public benefit as a charity through all the charitable programme areas detailed above. The Trustees have complied with their duty in accordance with the Charities Act 2011 to have due regard to the Charity Commission’s guidance when reviewing the charity’s aims and objectives, approving funding for projects and programmes, and in planning and undertaking current and future activities.
Taking the Charity Commission’s guidance into consideration, the Trustees are satisfied that our public benefit requirements have been met.
Annual report and accounts for the year ended 31 March 2022
9
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**WELLCHILD**
**(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **REPORT OF THE TRUSTEES**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
WellChild is a registered charity in England and Wales (number 289600) and Scotland (number SC045010) and is a company limited by guarantee (number 1815689) which was incorporated on 11 May 1984. The governing document of the charity is its Articles of Association. In the event of the company being wound up, members would be required to contribute an amount not exceeding £10.
WellChild is the parent company and 100% shareholder of its trading subsidiary, WellChild Enterprises Ltd.
The Board of Trustees are responsible for the effective governance of the charity and for safeguarding the organisation’s assets. Trustee terms of office are generally for four years, and the Articles of Association allow a further two consecutive terms. However, the Charity follows the practice set out by the Charity Commission whereby trustee tenure should not exceed nine years other than in exceptional circumstances. The Board meets a minimum of three times per year in addition to the AGM. The Chief Executive and other members of the SMT also attend those meetings.
The members of the Board of Trustees of the charity who served during the year are as follows:
David (Craig) Hatch – Chair from 6th July 2021 Andrew Osborne – Chair to 6th July 2021 Nicholas Fisher – Vice Chair Rosalind Futter – Treasurer Leanne Cooper Simon Hardy Dr Huw Jenkins Elizabeth Morgan Ruth Seymour
## **Sub-committees**
Members of the WellChild Board of Trustees sit on sub-committees which advise the main Board. Each committee has defined terms of reference detailing the delegated authorities where appropriate. These terms of reference were all reviewed during this financial year. The committees are:
- Audit Sub-committee
- Collaboration Sub-committee
- Governance Sub-committee
- Nominations Sub-committee
- Remuneration Sub-committee
## **CHARITY GOVERNANCE CODE**
The WellChild Governance Sub-committee, which reports to the Board of Trustees, was established in March 2018 and has continued every year since to oversee the charity’s governance policies and procedures.
Terms of reference are in place and help to guide the work of the Committee. The Committee membership consists of three Trustees, and the Director of Operations routinely attends to ensure good communication and joint working between the Committee and the senior management team. Other senior management team members are invited to attend as appropriate.
Safeguarding forms part of the Committee’s responsibility and a review was carried out this year by the Safeguarding Trustee Lead and other members of the Board of Trustees and senior management team to review the charity’s processes designed to protect beneficiaries, parents, staff, volunteers, all other stakeholders, and the organisational reputation. The nature of some of the charity’s work does involve contact with people at vulnerable times in their lives, therefore it is important that staff have the requisite safeguarding awareness and skills.
Annual report and accounts for the year ended 31 March 2022
10
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**WELLCHILD**
**(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **REPORT OF THE TRUSTEES**
All staff are DBS checked at the correct level dependent on their job role, and all staff have completed Safeguarding Level 2 training. Level 3 training was provided for the senior management team, some Trustees, and those staff in regular contact with beneficiaries, such as members of the Helping Hands and Family Services teams. The designated Safeguarding Officer attended Level 4 Safeguarding training in June 2021.
The charity’s Safeguarding Policy is reviewed annually, and a Safeguarding Report is provided annually to the Board of Trustees, with any relevant issues brought to the Safeguarding Trustee Lead as soon as possible.
All WellChild staff are aware of how to report safeguarding concerns. Concerns can be raised internally or externally and appropriate forms can be completed and submitted through the charity website. These are sent to a dedicated inbox with restricted access for the Designated Safeguarding Officer.
WellChild engaged with a safeguarding consultant at the end of the year with a plan to carry out a full review of safeguarding protocol and policies to ensure they are robust and compliant. This will continue into next financial year.
The Charity’s Governance arrangements are reviewed annually in line with the Charity Governance Code. The Code is not a legal or regulatory compliance, however it sets the principles and recommended best practice for good governance and WellChild endeavour to commit to this. The standard is reviewed at least annually by the Charity’s Governance subcommittee. The Scheme of Delegation is a recommendation of the Code and as such, WellChild adhere to this and have detailed the powers of delegation by the senior management team and Trustees which is reviewed and approved annually. The work in this area ensures that WellChild are upholding high standards of governance and will seek to continually improve through regularly revisiting the Code’s key principles.
The Charity Governance Code has made some changes to section 6:Equality, Diversity & Inclusion. The charity will endeavour to review this section in line with the strategy, operations, reporting and beneficiary engagement and whether this meets our standards which the Board of Trustees will lead on.
The Fundraising Code is also reviewed annually by the Governance subcommittee. Key areas such as The Fundraising Pledge, Complaints Handling and Consent are in review. The CC20 (Charity Commission guidance https://www.gov.uk/government/publications/charities-and-fundraising-cc20) has been reviewed and updated. The Fundraising and Protection of Vulnerable Donors Policy is regularly reviewed to ensure we identify and manage risk in this area.
## **PAY POLICY**
## **For Senior Staff**
The key management personnel of the charity comprise the Board of Trustees and the SMT and they are responsible for directing, controlling, running, and operating the charity on a day-to-day basis. All Trustees give their time freely and no Trustee remuneration was paid during the year. Details of Trustee expenses and related party transactions are disclosed in notes 4 and 21 to the accounts.
Trustees reviewed and approved the Senior Staff Remuneration Policy at their meeting on 21st March 2022. This policy will continue to ensure the selection and retention of high-quality leaders, but also that our donors, supporters, staff, volunteers, beneficiaries, and the public recognise the importance we place on accountability in all aspects of our work, including the determination of pay and benefits of the SMT. The policy sets out how senior staff pay is governed, how pay is determined, what information will be published and is in line with the broad recommendations of the NCVO report on senior staff pay. The pay of each member of the SMT is reviewed annually by the Remuneration Sub-committee.
## **For All Staff**
The Remuneration Sub-committee determines and agrees the overall policy for the remuneration and pension arrangements for all the charity’s employees (subject to full Board approval) and is consulted on any major changes to employee benefits. WellChild aims for a sustainable and consistent pay strategy. All employee salaries are reviewed annually, and affordability, economic trends, and external market pay movement is taken into account.
Annual report and accounts for the year ended 31 March 2022
11
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**WELLCHILD**
**(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **REPORT OF THE TRUSTEES**
## **APPOINTMENT, INDUCTION AND TRAINING OF TRUSTEES**
The Nominations Sub-committee, as part of its duties, is responsible for recruiting Trustees. There is a broad mix of skills, experience, and backgrounds across the members of the WellChild Board of Trustees and this is continually reviewed. The Trustees recognise the benefits of diverse leadership and are committed to advancing equality of opportunity. Trustee vacancies are widely advertised, but individuals are also approached or introduced on the basis of their skills, experience, and their potential contribution to the charity. Interviews are undertaken by the Nominations Sub-committee prior to appointment by the full Board.
All new Trustees follow an induction programme approved by the Board and they, as well as existing board members, are encouraged to undertake relevant external training courses, seminars and workshops, with members kept informed of these opportunities by the WellChild Director of Operations. Regular updates including recent developments and ‘hot-topics’ relating to charitable governance are provided to all Trustees throughout the year.
## **BOARD EFFECTIVENESS**
Trustee annual appraisals are carried out by the Chairman and a Board Effectiveness Questionnaire was completed by all Trustees during the year. This included a review of Board composition, skills, knowledge and experience, Board culture, diversity and inclusion and a programme of work, to ensure the Trustees have the necessary skills, information and time for effective decision making.
## **SUBSIDIARY COMPANY**
WellChild Enterprises Ltd, (previously WellChild Trading Ltd) incorporated 25[th] September 1984, a company registered in England and Wales (number 1850610) is a subsidiary of WellChild and was previously dormant until 2020/21. WellChild Enterprises Ltd was activated in June 2020, and now has a Board of three Directors who have agreed and approved special resolutions for new Articles of Association and the re-allocation of the one ordinary share from the previous sole Director back to the Charity, which now holds all ordinary shares. All updates have been published with Companies House. WellChild Enterprises Ltd covenants all profits to the charity.
During the year covered by this report, WellChild Enterprises received income from NHS England for WellChild’s Wolfram Syndrome Co-ordinator project and sponsorship income for WellChild charitable events. Net profit at the end of the year was £5,846 (2020/21: £19,039) which was donated by gift aid to the charity.
## **WELLCHILD ADVISORS AND NETWORK**
WellChild strategic direction, the evaluation of its programmes, and some funding decisions made by the Board of Trustees has always included the support of key advisors and networks. While a re-organisation in this area was impeded by the COVID-19 pandemic, the finalising of a flexible group of WellChild Advisors to work with the charity and the Board of Trustees on specific projects requiring their expert input and advice continues. It is intended that some members of the previous WellChild Advisory Panel continue to be involved with the charity as WellChild Advisors, along with our Parent Ambassadors and specialists from other professional networks and partners (as demonstrated in the ‘Voice and Priority’ section above).
## **GRANT AWARDS POLICY STATEMENT**
WellChild is committed to developing and implementing programmes and services which have a major impact on the improvement of care and support for children, young people, and their families in the UK. The policy of grant awards is to invest in projects that fit within WellChild’s strategic vision and objectives and can clearly demonstrate innovation, high-value and best practice. The procedure for making grant awards is through a robust application process with all successful submissions being subject to a rigorous external assessment through the charity’s external advisory panel, the membership of which can be seen above.
There is a formal funding agreement in place for all approved grant awards and WellChild demands integrity and transparency from all recipients of its grants. It is vital that all activities funded by WellChild are carried out to the highest and most ethical standards.
Annual report and accounts for the year ended 31 March 2022
12
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**WELLCHILD**
**(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **REPORT OF THE TRUSTEES**
## **INVESTMENT POLICY**
The WellChild Board of Trustees acknowledge their legal duty to apply charitable funds within a reasonable time of receiving them. The Trustees also acknowledge the need for prudence and caution in their investment policies whilst also recognising their duty to seek to obtain the most appropriate financial return from the charity’s investments. Trustees reserve the right to exclude from any portfolio any investments in companies whose representation might prove damaging, directly or indirectly, to the purposes or reputation of the charity.
The Audit Sub-committee has reviewed the charity’s Investment Policy during the period covered by this report. All the charity’s investments remain as cash in competitive and secure interest-bearing deposit accounts all of which performed in line with policy during the year.
## **RESERVES POLICY**
Total funds of the charity at 31 March 2022 are £1,273,965. These comprise of £7,401 of restricted funds for the Better At Home training programme, £7,363 for Helping Hands programme, £1,191 for the WellChild Nurse programme, and £24,330 for the Family Involvement and Participation programme. In addition, total funds include £565,589 of designated funds which are the WellChild head office building fixed assets and are not, therefore, readily available, and £668,091 reserve (undesignated) funds.
In line with the Charity Commission guidelines, the WellChild Board of Trustees define the charity’s unrestricted and undesignated reserves as income which is available to the charity and is to be expended at the Trustees discretion in furtherance of any of the charity’s objects, but which has not yet been spent, committed, or designated.
The Board of Trustees confirm that the unrestricted and undesignated reserves (‘free reserves’) should be an amount no less than the full costs of closure of the charity (which includes three months operating costs) should circumstances dictate that eventuality. This figure has been calculated as £361,579 for the 2021/22.
At the end of the year, unrestricted reserve (undesignated) funds of £668,091 were available.
## **RISK MANAGEMENT**
WellChild’s register of the potential impact, likelihood and mitigation of risks includes:
- Ensuring WellChild services remain aligned to changes within the children and young people’s health environment.
- Child protection and safeguarding.
- The sustainability of incoming funds and in particular unrestricted funds.
- The allocation of restricted funds.
- Financial controls and approval of expenditure.
- The proper collection and processing of data.
- Compliance with fundraising regulation and the safeguarding of event attendees.
- The impact of COVID-19.
The COVID-19 crisis continued to be a risk to the charity, and the Trustees worked closely with the Senior Management Team to ensure that those risks were understood, and that the organisation was prepared. Plans were put in place to deal with the evolving challenges - both in the short-term throughout periods of COVID-19 restrictions and in the longer-term as the economic and fundraising environment changes.
The cancellation or postponement of events and other fundraising partnerships has been a key risk for the charity with resilience fundraising and adapted working practices put in place to help mitigate the impact of the loss of those important income streams. In addition, particular attention was paid to the charity's ability to reach its beneficiaries through its core programmes, and WellChild adapted to develop new areas of its work that became important during the height of the COVID-19 pandemic.
Detailed and regular financial forecasting and modelling took place during 2021/22 as well as forward planning for 2022/23, including cashflow and scenario planning - with key assumptions being examined as the COVID-19 situation developed and continues to do so.
All risks have been assessed and updated by the Audit Sub-committee and Board of Trustees during the year and are presented for further review at each year’s AGM.
Annual report and accounts for the year ended 31 March 2022
13
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**WELLCHILD**
**(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **REPORT OF THE TRUSTEES**
The Trustees are confident that reasonable systems have been established to identify, mitigate, and manage new and existing risks, and that forward planning will enable the charity to be better prepared for all future eventualities. These systems include a monthly review of the financial results against budget, preparation at six and nine months of an end of year forecast of the financial results, monthly review of the Risk Register by management and biannually by Trustees, with legal, HR and financial input from expert advisors as required.
Robust policies and procedures and regular training for staff contribute to the management and mitigation of risks in operational areas. Should the need arise, WellChild has a Business Continuity Plan which is reviewed on a regular basis, at least annually, and revised as and when appropriate.
Trustee Indemnity insurance of £5,000,000 was arranged as part of the overall insurance package and included in the total premium of £4,926 (2021: £5,503).
## **GOING CONCERN**
With the COVID-19 crisis and other external events impacting WellChild’s income and expenditure during the year, together with a fundraising environment that is expected to remain challenging and unpredictable, the Trustees have worked closely with the Senior Management Team in budget planning and risk assessing as far ahead as possible.
The charity ended the financial year in a better position than originally planned largely because of higher than predicted funds generated towards our family support services, combined with a reduction in budgeted expenditure. This means the charity ends the year with a larger undesignated reserve than budgeted, providing the charity with continued resilience moving into what is predicted to be another challenging year for fundraising.
The Board of Trustees have approved a budget for 2022/23 that takes into account the expected ongoing uncertainty in the fundraising environment. Whilst we anticipate challenge and special fundraising events to return to more typical levels, corporate partnerships are expected to remain challenging. We expect to generate further organisational cost savings but recognise the risk from a high inflation environment. We anticipate a modest income shortfall in 2022/23, which will reduce charitable reserves to a more normal level.
The Board of Trustees will work closely with the Senior Management Team to continually review the strategy and performance of the charity against the challenging and unpredictable external economic and fundraising environment, working with them to ensure the charity remains as resilient as possible in an uncertain climate whilst maximising the charity’s ability to invest as much as possible in the advancement of its charitable goals
Should fundraising during 2022/23 begin to exceed expectations, funds from the undesignated reserve will be allocated to WellChild programmes. Trustees will consider new projects, only when there is confidence that there are funds available, and income is sustainable. Going Concern will be reviewed at each Board of Trustees meeting during the year, and by the Audit Sub-committee on a more regular basis.
The Trustees are confident that the on-going contingency planning within the organisation will ensure that WellChild is in a position to continue as a going concern for the foreseeable future and, therefore, the financial statements have been prepared on this basis.
Annual report and accounts for the year ended 31 March 2022
14
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**WELLCHILD**
**(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **REPORT OF THE TRUSTEES**
## **BOARD OF TRUSTEES’ RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS**
The Board of Trustees are responsible for preparing a Trustees’ Annual Report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period. In preparing these financial statements, the Board of Trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The Board of Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **AUDITORS**
Crowe U.K. LLP has indicated its willingness to be reappointed as statutory auditor.
## **STATEMENT OF DISCLOSURE TO AUDITORS**
To the best knowledge of the WellChild Board of Trustees at the time of approving the Trustees’ Annual Report:
- there is no relevant information, being information needed by the auditor in connection with preparing their report, of which the charity’s auditor is unaware; and
- the Trustees, having made enquires of fellow Trustees and the charity’s auditor that they ought to have individually taken, have each taken all the reasonable steps that they are obliged to take as Trustees in order to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information.
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Approved by the WellChild Board of Trustees and signed on their behalf by:
**David Craig Hatch Chairman**
**Date:** �������������
Annual report and accounts for the year ended 31 March 2022
15
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**WELLCHILD**
**(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND THE TRUSTEES OF WELLCHILD**
## **OPINION**
We have audited the financial statements of WellChild (‘the charitable company’) and its subsidiary (‘the group’) for the year ended 31 March 2022 which comprise the Consolidated Statement of Financial Activities, Charity Statement of Financial Activities, the Consolidated and Charity Balance Sheets, the Consolidated Statement of Cash Flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
- give a true and fair view of the state of the group’s and the charitable company’s affairs as at 31 March 2022 and of the group’s income and expenditure, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Companies Act 2006 and the Charities and Trustee Investment (Scotland) Act 2005 and Regulations 6 and 8 of the Charities Accounts (Scotland) Regulations 2006 (amended).
## **BASIS FOR OPINION**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **CONCLUSIONS RELATING TO GOING CONCERN**
In auditing the financial statements, we have concluded that the Trustee's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's or the group’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.
## **OTHER INFORMATION**
The Trustees are responsible for the other information contained within the annual report. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Annual report and accounts for the year ended 31 March 2022
16
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**WELLCHILD**
**(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND THE TRUSTEES OF WELLCHILD**
## **OPINIONS ON OTHER MATTERS PRESCRIBED BY THE COMPANIES ACT 2006**
In our opinion based on the work undertaken in the course of our audit
- the information given in the trustees’ report, which includes the directors’ report and the strategic report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the strategic report and the directors’ report included within the trustees’ report have been prepared in accordance with applicable legal requirements.
## **MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION**
In light of the knowledge and understanding of the group and charitable company and their environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors’ report included within the trustees’ report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 and the Charities Accounts (Scotland) Regulations 2006 requires us to report to you if, in our opinion:
- adequate and proper accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of trustees' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.
## **RESPONSIBILITIES OF TRUSTEES**
As explained more fully in the trustees’ responsibilities statement set out on page 15, the Trustees (who are also the Directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the Trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
## **AUDITOR’S RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS**
We have been appointed as auditor under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and under the Companies Act 2006 and report in accordance with the Acts and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Details of the extent to which the audit was considered capable of detecting irregularities, including fraud and non-compliance with laws and regulations are set out below.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.
Annual report and accounts for the year ended 31 March 2022
17
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**WELLCHILD**
**(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS AND THE TRUSTEES OF WELLCHILD**
## **EXTENT TO WHICH THE AUDIT WAS CONSIDERED CAPABLE OF DETECTING IRREGULARITIES, INCLUDING FRAUD**
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We identified and assessed the risks of material misstatement of the financial statements from irregularities, whether due to fraud or error, and discussed these between our audit team members. We then designed and performed audit procedures responsive to those risks, including obtaining audit evidence sufficient and appropriate to provide a basis for our opinion.
We obtained an understanding of the legal and regulatory frameworks within which the charitable company and group operates, focusing on those laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial statements. The laws and regulations we considered in this context were the Companies Act 2006 and The Charities and Trustee Investment (Scotland) Act 2005, together with the Charities SORP (FRS 102). We assessed the required compliance with these laws and regulations as part of our audit procedures on the related financial statement items.
In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which might be fundamental to the charitable company’s and the group’s ability to operate or to avoid a material penalty. We also considered the opportunities and incentives that may exist within the charitable company and the group for fraud.
Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the Trustees and other management and inspection of regulatory and legal correspondence, if any.
We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be with the completeness and timing of significant risk income streams including; legacies, grants and Trust income as well as the override of controls by management. Our audit procedures to respond to these risks included enquiries of management and the Trustee Board about their own identification and assessment of the risks of irregularities, designing audit procedures over the completeness and timing of significant risk income streams outlined above, testing on the posting of journals, reviewing accounting estimates for biases, reviewing regulatory correspondence with the Charities Commission and Office of the Scottish Charity Regulator and reading minutes of meetings of those charged with governance.
Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. In addition, as with any audit, there remained a higher risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations.
## **USE OF OUR REPORT**
This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006, and to the charitable company’s Trustees, as a body, in accordance with Regulation 10 of the Charities Accounts (Scotland) Regulations 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body and the charitable company’s Trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Guy Biggin, Senior Statutory Auditor
Date: 27 July 2022
For and on behalf of Crowe U.K. LLP, Statutory Auditor 4[th] Floor, St James House St James Square Cheltenham GL50 3PR
Annual report and accounts for the year ended 31 March 2022
18
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**WELLCHILD**
## **(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES**
## **For the year ended 31 March 2022 (incorporating consolidated income and expenditure account)**
||**Note**|Unrestricted|Restricted|**2022**|2021|
|---|---|---|---|---|---|
|||Funds|Funds|**Total**|Total|
|||£|£|**£**|£|
|**INCOME FROM**||||||
|**Donations and Legacies**|**3b**|249,958|318,219|**568,177**|1,495,312|
|**Statutory Income**|**23**|26,569|-|**26,569**|225,953|
|**Other Trading Activities (including challenge and**||||||
|**other fundraising events)**|**3c**|676,477|-|**676,477**|204,942|
|**Investment Income**||3,698|-|**3,698**|7,645|
|||───────|───────|───────|───────|
|**Total Income**||956,702|318,219|**1,274,921**|1,933,852|
|||───────|───────|───────|───────|
|**EXPENDITURE ON**||||||
|**Raising Funds**||||||
|Cost of Staging Events||372,143|-|**372,143**|180,945|
|Other Costs||166,594|-|**166,594**|226,511|
|||───────|───────|───────|───────|
|**Total Expenditure on Raising Funds**|**5**|538,737|-|**538,737**|407,456|
|||───────|───────|───────|───────|
|**Charitable Activities**||||||
|WellChild Nurse Programme||20,829|23,264|**44,093**|317,605|
|Better At Home Training Programme||27,135|(11,380)|**15,755**|257,848|
|Helping Hands Programme||159,048|125,133|**284,181**|129,198|
|Information and Campaigning||72,546|-|**72,546**|45,092|
|Charitable Events (including WellChild Awards)||83,732|-|**83,732**|513|
|Communications||208,954|-|**208,954**|215,685|
|Family Involvement and Participation (including||||||
|COVID-19 Direct Response Service)||85,850|219,500|**305,350**|496,383|
|Projects (including Medicines For Children)||47,583|-|**47,583**|131,993|
|||───────|───────|───────|───────|
|**Total Charitable Activities Expenditure**|**5**|705,677|356,517|**1,062,194**|1,594,317|
|||───────|───────|───────|───────|
|||───────|───────|───────|───────|
|**Total Expenditure**|**5**|1,244,414|356,517|**1,600,931**|2,001,773|
|||───────|───────|───────|───────|
|**NET (EXPENDITURE) BEFORE TRANSFERS BETWEEN**||||||
|**FUNDS**||(287,712)|(38,298)|**(326,010)**|(67,921)|
|Transfers between funds|**16**|-|-|**-**|-|
|||───────|───────|───────|───────|
|**NET MOVEMENT IN FUNDS**||(287,712)|(38,298)|**(326,010)**|(67,921)|
|**Reconciliation of Funds:**||||||
|Total Funds Brought Forward (1 April)|**16**|1,521,392|78,583|**1,599,975**|1,667,896|
|||───────|───────|───────|───────|
|**Total Funds Carried Forward (31 March)**|**16**|1,233,680|40,285|**1,273,965**|1,599,975|
|||**═══════**|**═══════**|═══════|═══════|
All activities relate to continuing operations.
Movements in funds are disclosed in Note 3 to the financial statements.
The notes on pages 22 to 43 form part of these financial statements.
Annual report and accounts for the year ended 31 March 2022
19
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**WELLCHILD**
**(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **BALANCE SHEETS as at 31 March 2022 Company number: 1815689**
**----- Start of picture text -----**
|||||||
|---|---|---|---|---|---|
|The Group|The Charity|
|31 March|31 March|31 March|31 March|
|2022|2021|2022|2021|
|Note|£|£|£|£|
|FIXED ASSETS|
|Tangible assets|7|565,589|574,871|565,589|574,871|
|Investments|8|-|-|100|100|
|───────|───────|───────|───────|
|TOTAL FIXED ASSETS|565,589|574,871|565,689|574,971|
|───────|───────|───────|───────|
|CURRENT ASSETS|
|Investments|9|1,057,240|1,433,465|1,057,240|1,433,465|
|Debtors|10|501,761|733,479|510,682|802,292|
|Cash at bank and in hand|225,446|458,650|215,555|389,037|
|───────|───────|───────|───────|
|TOTAL CURRENT ASSETS|1,784,447|2,625,594|1,783,477|2,624,794|
|───────|───────|───────|───────|
|CREDITORS: AMOUNTS FALLING DUE WITHIN|
|ONE YEAR|11|(966,872)|(1,336,921)|(966,002)|(1,336,221)|
|───────|───────|───────|───────|
|NET CURRENT ASSETS|817,575|1,288,673|817,475|1,288,573|
|───────|───────|───────|───────|
|CREDITORS: AMOUNTS FALLING DUE AFTER|
|MORE THAN ONE YEAR|
|13|(109,199)|(263,569)|(109,199)|(263,569)|
|───────|───────|───────|───────|
|TOTAL NET ASSETS|1,273,965|1,599,975|1,273,965|1,599,975|
|───────|───────|───────|───────|
|THE FUNDS OF THE CHARITY|
|Restricted funds|15 & 16|40,285|78,583|40,285|78,583|
|Designated funds|16|565,589|574,871|565,589|574,871|
|General reserve (undesignated) funds|16|668,091|946,521|668,091|946,521|
|───────|───────|───────|───────|
|TOTAL CHARITY FUNDS|1,273,965|1,599,975|1,273,965|1,599,975|
|═══════|═══════|═══════|═══════|
**----- End of picture text -----**
The deficit for the year of the charity dealt with in the financial statements was £326,010 (2021: deficit of £67,921).
These accounts are prepared in accordance with the special provisions of Part 15 of the Companies Act relating to small companies and constitute the annual accounts required by the Companies Act 2006.
The notes on pages 22 to 43 form part of these financial statements.
The financial statements were approved by the WellChild Board of Trustees on 6 July 2022 and signed on their behalf by:
**David (Craig) Hatch Rosalind Futter Chairman Treasurer**
Annual report and accounts for the year ended 31 March 2022
20
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**WELLCHILD**
## **(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **CONSOLIDATED CASH FLOW STATEMENT For the year ended 31 March 2022**
**----- Start of picture text -----**
|||||
|---|---|---|---|
|2022|2021|
|£|£|
|Cash flows from operating activities|
|Net cash (used in)/generated from operating activities|i)|(613,127)|21,354|
|───────|───────|
|Cash flows from investing activities|
|Bank interest received|3,698|7,645|
|───────|───────|
|Net cash provided by investing activities|3,698|7,645|
|───────|───────|
|Change in cash and cash equivalents in the reporting period|(609,429)|28,999|
|Cash and cash equivalents at the beginning of the reporting period|1,892,115|1,863,116|
|───────|───────|
|Cash and cash equivalents at the end of the reporting period|ii)|1,282,686|1,892,115|
|═══════|═══════|
|i)|RECONCILIATION OF CASH FLOWS FROM|
|OPERATING ACTIVITIES:|2022|2021|
|£|£|
|Net (expenditure) for the reporting period (as per the Statement of|
|Financial Activities)|(326,010)|(67,921)|
|Adjustments for:|
|Depreciation charges|9,282|9,282|
|Bank interest received|(3,698)|(7,645)|
|(Decrease)/increase in grant creditors|(460,934)|45,482|
|Decrease in debtors|231,718|10,809|
|(Decrease)/Increase in creditors and deferred income (excl. grants)|(63,485)|31,347|
|───────|───────|
|Net cash (used in)/generated from operating activities|(613,127)|21,354|
|═══════|═══════|
|ii)|ANALYSIS OF CASH AND CASH EQUIVALENTS|
|Cash in hand|225,446|458,650|
|Deposits|1,057,240|1,433,465|
|───────|───────|
|Total cash and cash equivalents|1,282,686|1,892,115|
|═══════ ═══════|
**----- End of picture text -----**
The notes on pages 22 to 43 form part of these financial statements.
Annual report and accounts for the year ended 31 March 2022
21
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**WELLCHILD**
**(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **LEGAL STATUS OF THE CHARITY**
WellChild was incorporated in England and Wales as a company limited by guarantee (number 1815689) and has no share capital. The liability in respect of the guarantee, as set out in the Articles of Association, is limited to an amount not exceeding £10 per member of the company. There were nine members at the Balance Sheet date. WellChild is also a registered charity in England and Wales (number 289600) and Scotland (number SC045010).
## **1. ACCOUNTING POLICIES**
## **(a) Basis of Accounting**
The consolidated financial statements have been prepared in accordance with 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) - (Charities SORP (FRS 102)) and the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
The consolidated financial statements, comprising the financial statements of the charity and its subsidiary undertaking WellChild Enterprises Ltd (company number 01850610), have been prepared under the historical cost convention. The results of the subsidiary are consolidated on a line-by-line basis. The financial statements are presented in sterling (£) which is the functional currency of the charity. WellChild meets the definition of a public benefit entity under FRS 102.
The charity has taken advantage of the exemption available to a qualifying entity in FRS 102 from the requirement to present a charity only Cash Flow Statement with the consolidated financial statements.
The charity has also taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Statement of Financial Activities in these financial statements.
**(b) Registered and Principal Office** The registered and principal office of WellChild is 16 Royal Crescent, Cheltenham, GL50 3DA.
**(c) Going Concern**
After making enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue its activities for the foreseeable future. Accordingly, they continue to adopt the going concern basis for preparing the financial statements, determining that there are no material uncertainties as outlined in the Statement of Trustees’ Responsibilities on page 15.
## **(d) Depreciation of Fixed Assets**
In 2017 WellChild took advantage of the option under FRS 102 to use a GAAP revaluation prior to the transition date (1 April 2015) as deemed cost on its freehold property. Depreciation continues to be charged on the property annually at two per cent straight line. The value and condition of the property is reviewed annually by the Trustees, and a formal valuation is carried out every three years, to ensure the Trustees are satisfied that there has been no impairment during the year. All other tangible fixed assets are stated at cost less depreciation. Depreciation is provided to write off the cost of tangible fixed assets owned over their anticipated effective life as follows:
Freehold property 2% straight line Office furniture and equipment 25% straight line
No depreciation is charged on land owned. Items of a capital nature costing £1,000 or more are capitalised.
**(e) Fixed Asset Investments**
Fixed asset investments are stated at market value where available.
Annual report and accounts for the year ended 31 March 2022
22
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**WELLCHILD (A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **1. ACCOUNTING POLICIES (continued)**
**(f) Grants** Where relevant, grant applications are subject to a formal procedure of evaluation by independent experts in the relevant field of children’s health prior to the allocation of funds. Grants payable in furtherance of the charity’s objects are recognised as expenditure when the commitment is communicated to the grant recipient and payment is due in accordance with the terms of the contract.
**(g) Income Recognition** Income, including donations, gifts, legacies, and grants (including government grants) that provide specific charitable project funding or are of a general nature, are recognised and included in the accounts when: there is entitlement to the funds; any performance conditions attached to the item(s) of income have been met or are fully within the control of the charity; receipt of the income is considered probable; and the amount can be measured reliably. Such income is only deferred when either the donor specifies that the grant or donation must only be used in future accounting periods, or the donor has imposed conditions which must be met before the charity has unconditional entitlement.
Income from other trading activities includes income received from major fundraising events that is used to support general activities and specific charitable projects. Such income is only deferred when it is received in advance of the event to which it relates.
Investment income is recognised on a receivable basis.
## Gifts in Kind
Donated goods, services and facilities such as the use of two cars, tools and garden materials, and challenge event refreshments, are included as ‘incoming resources’ at their estimated value to the charity when received, which is the amount the charity would have been willing to pay to obtain the goods, services or facilities of equivalent economic benefit on the open market. A corresponding amount is then recognised under the appropriate expenditure heading depending on the nature of the goods, service or facility provided.
## Legacies
Entitlement is taken as the earlier of the date on which the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the charity that a distribution will be made or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably, and the charity has been notified of the executor’s intention to make a distribution.
**(h) Pension Costs** The charity operates a defined contribution money purchase scheme on behalf of its employees. The costs of providing pensions for employees are charged to the Statement of Financial Activities in the year in which the contributions are payable.
Annual report and accounts for the year ended 31 March 2022
23
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**WELLCHILD**
**(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **1. ACCOUNTING POLICIES (continued)**
**(i) Expenditure** Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party; it is probable that settlement will be required; and the amount of the obligation can be measured reliably.
Costs of raising funds comprise the costs of staging events and other costs. Cost of staging events are those costs incurred in staging and promoting major fundraising and challenge events. These include both direct and support costs relating to these activities. Other costs are those associated with attracting corporate and voluntary income and donations which also include both direct and support costs.
Expenditure on charitable activities includes expenditure associated with activities undertaken to carry out the charity’s aims and objectives and their associated support costs.
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. These include office costs, utilities, finance, insurance, IT, and have been allocated to activity cost categories on a basis consistent with the use of resources – see note 5.
Governance costs include expenditure directly attributable to the Trustees’ statutory, constitutional, and strategic duties and are disclosed in note 5.
Costs in respect of future events, the income for which has been deferred to a future period, are prepaid and will be charged when the event occurs.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
**(j) Debtors** Trade debtors, other debtors and accrued income is recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
**(k) Creditors**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
**(l) Cash at Bank and in Hand**
Cash at bank and in hand includes petty cash and cash held in bank accounts.
**(m) Current Asset Investments** Current asset investments are cash deposits that mature in no more than 12 months from the date of acquisition.
**(n) Operating Leases** The charity classifies the lease of office equipment (franking machine and photocopier) and an internet line as operating leases; the title to the office equipment and internet line remains with the lessor. Rental charges are charged on a straight-line basis over the term of the lease.
Annual report and accounts for the year ended 31 March 2022
24
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**WELLCHILD (A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **1. ACCOUNTING POLICIES (continued)**
**(o) Fund Accounts** The charity has a number of restricted funds which are restricted by the donor for specific purposes or where funds have been raised for a specific purpose which was communicated to donors. All other funds are unrestricted funds. The Trustees consider that those funds represented by tangible fixed assets for use by the charity are not freely available and, therefore, this value is held in designated funds. The balance of the unrestricted reserve (undesignated) funds of £668,091 is in line with the charity’s reserves policy. See page 13 of the Report of the Trustees for details of the charity’s reserves policy.
**(p) Financial Instruments** WellChild only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value - see note 24.
**(q) Significant Estimates and Judgements** Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The items in the financial statements where these estimates and judgements have been made include the following:
## COVID-19 impact
The Board of Trustees regularly review of forecast income, expenditure, and going concern factors impacted by the pandemic.
Increased reserves carried forward at the end of the period covered by this report were helped by a strong fundraising response from many existing partners in 2020/21, which provided the charity with continued resilience.
## Valuation of property
The property is valued every three years. The last valuation was April 2022 and this was valued at £800,000, however WellChild took advantage of the option under FRS102 in 2017 to accept the deemed cost on its freehold property from a valuation in 2013 which was £650,000.
## Useful economic lives of tangible assets
The annual depreciation charges for the tangible assets are sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on economic utilisation and the physical condition of the assets. See note 7 for the carrying amount of tangible fixed assets and note 1(d) for the useful lives of each class of asset.
## Valuation of Gifts in Kind
The charity uses estimates for the valuation of Gifts in Kind by considering the amount that the charity would have been willing to pay to obtain the goods, services or facilities of equivalent economic benefit on the open market – see note 1(g) for details of these.
Annual report and accounts for the year ended 31 March 2022
25
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**WELLCHILD (A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **1. ACCOUNTING POLICIES (continued)**
**(r) Taxation** The company is a registered charity and as such is entitled to tax exemption on all its income and gains, properly applied for its charitable purposes. Any corporation tax payable in respect of the taxable profit of the subsidiary company is recognised in the year in which the taxable profit is generated. In most years, no corporation tax is payable because the subsidiary company distributes all the taxable profits to the charity.
**(s) Volunteers** WellChild is supported by an exceptional team of volunteers working in the head office in Cheltenham and throughout the UK assisting at fundraising events. These dedicated individuals give many hours of their time and contribute significantly to the operation of the charity. We had 137 (2021: 97) volunteers assisting with numerous activities during the year, many of whom volunteered and continue to do so, on a regular basis. In addition to this 249 volunteers took part in Helping Hands projects (due to the COVID-19 pandemic, there were no volunteers on Helping Hands projects during 2020/21).
Our volunteers include the involvement of children, young people and their families in various aspects of WellChild’s work including our Wolfram Syndrome Panel reviewing the provision of services and literature content, our Children and Young People’s Panel involved in WellChild Awards judging, Parent Ambassadors organising (virtual) family meet ups and supporting WellChild at fundraising pitches and with PR activity, and parent members of our Helping Hands Panel reviewing applications. Many families also participated in designing positive postcards for WellChild to create and share with families, as well as sharing videos & photos and carrying out App testing for the Medicines for Children App. A number of youth ambassadors volunteered their time for radio interviews, zoom calls and contributed to written articles for the media.
No monetary cost of volunteering time is included within the financial statements.
Annual report and accounts for the year ended 31 March 2022
26
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**WELLCHILD (A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **2. FINANCIAL PERFORMANCE OF THE CHARITY**
The consolidated statement of financial activities includes the results of the charity’s wholly owned subsidiary. The summary financial performance of the charity alone is:
|||**2022**|2021|
|---|---|---|---|
|||**£**|£|
||Income|**1,268,205**|1,913,036|
||Gift aid from subsidiary company|**5,846**|19,039|
|||───────|───────|
|||**1,274,051**|1,932,075|
||Expenditure|**(1,600,061)**|(1,999,996)|
|||───────|───────|
||Net expenditure|**(326,010)**|(67,921)|
||Total funds brought forward|**1,599,975**|1,667,896|
|||───────|───────|
||Total funds carried forward|**1,273,965**|1,599,975|
|||═══════|═══════|
||Represented by:|||
||Restricted funds|**40,285**|78,583|
||Unrestricted funds|**1,233,680**|1,521,392|
|||───────|───────|
|||**1,273,965**|1,599,975|
|||═══════|═══════|
|**3.**|**NET MOVEMENT IN FUNDS IN THE YEAR**|||
|||**2022**|2021|
|||**£**|£|
||Is stated after charging the following items:|||
||Auditors’ remuneration for audit services|**9,450**|9,000|
||Auditors’ remuneration for other services|**840**|2,095|
||Depreciation of tangible fixed assets|**9,282**|9,282|
||Operating leases|**11,951**|12,143|
||and after crediting:|||
||Bank interest receivable|**(3,698)**|(7,645)|
|||═══════|═══════|
## **3a. GIFTS IN KIND**
Gifts in Kind of £17,507 (2021: £33,559) were received during the year.
## **3b. INCOME FROM DONATIONS AND LEGACIES INCLUDE THE FOLLOWING:**
||**2022**|2021|
|---|---|---|
||**£**|£|
|Corporate donations|**226,890**|521,770|
|Donations inclusive of trusts|**306,903**|901,656|
|Legacies|**34,384**|71,886|
||───────|───────|
||**568,177**|1,495,312|
||═══════|═══════|
Annual report and accounts for the year ended 31 March 2022
27
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**WELLCHILD**
**(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **3. NET MOVEMENT IN FUNDS IN THE YEAR (continued)**
## **3c. INCOME FROM OTHER TRADING ACTIVITIES INCLUDE THE FOLLOWING:**
**----- Start of picture text -----**
||||
|---|---|---|
|2022|2021|
|£|£|
|Corporate partnerships|7,931|50,302|
|Challenge events (see note 6)|309,041|98,568|
|Fundraising events (see note 6)|349,398|55,628|
|Other|10,107|444|
|───────|───────|
|676,477|204,942|
|═══════|═══════|
|TRUSTEES AND EMPLOYEES|
|2022|2021|
|£|£|
|Staff Costs|
|Wages and salaries|858,598|900,183|
|Social security costs|81,455|83,704|
|Other pension costs|52,756|55,681|
|───────|───────|
|992,809|1,039,568|
|═══════|═══════|
|2022|2021|
|The monthly average number of employees was:|Number|Number|
|Management and administration|5|5|
|Charitable activities|15|17|
|Fundraising|8|8|
|───────|───────|
|Total employees|28|30|
|═══════|═══════|
**----- End of picture text -----**
## **4. TRUSTEES AND EMPLOYEES**
There was a total of 137 (2021: 97) volunteers, not including those who took part in Helping Hands projects, who assisted with numerous activities during the year.
Annual report and accounts for the year ended 31 March 2022
28
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**WELLCHILD (A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **4. TRUSTEES AND EMPLOYEES (continued)**
The number of employees whose emoluments, excluding pension contributions, fell within the following band is:
**----- Start of picture text -----**
||||
|---|---|---|
|2022|2021|
|Number|Number|
|£70,000 - £79,999|-|1|
|£80,000 - £89,999|1|-|
|═══════|═══════|
**----- End of picture text -----**
Retirement benefit contributions of £6,162 (2022: £5,971) under a defined contribution scheme were made in respect of the one employee above (2021: one).
All the Board of Trustees, who are not included in the above analysis, are the Directors of WellChild who supply their services on a voluntary basis and have received no remuneration during the year. Total expenses of £6 (2021: £282) was paid on behalf of one (2021: one) Trustee for subsistence (2021: training).
Trustee Indemnity insurance of £5,000,000 was arranged as part of the overall insurance package and included in the total premium of £4,926 (2021: £5,503).
The key management personnel of the charity comprise the Board of Trustees, Chief Executive, Director of Programmes, Director of Operations, Director of Communications and Engagement and Director of Fundraising. The total employee benefits including employer national insurance and pension contributions of the key management personnel of the charity were £313,216 (2021: £326,329).
All employees are paid at least the national living wage. The ratio of the total remuneration of the CEO against the total remuneration of the median employee is 2.8 (2021: 3:1).
During the year total statutory redundancy of £11,152 and payment in lieu of notice of £4,354 was made (2021: nil).
Annual report and accounts for the year ended 31 March 2022
29
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**WELLCHILD**
**(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **5. ANALYSIS OF EXPENDITURE**
The group allocates its support costs as shown in the table below. Support costs are allocated on a basis consistent with the use of resources.
**----- Start of picture text -----**
|||||||
|---|---|---|---|---|---|
|Grant|
|Direct|Funding of|Support|Total|Total|
|Costs|Activities|Costs|2022|2021|
|£|£|£|£|£|
|Charitable Activities Expenditure|
|WellChild Nurse Programme|34,936|-|9,157|44,093|317,605|
|Better At Home Training Programme|18,029|(11,431)|9,157|15,755|257,848|
|Helping Hands Programme|217,835|-|66,346|284,181|129,198|
|Information and Campaigning|51,074|-|21,472|72,546|45,092|
|Charitable Events|71,136|-|12,596|83,732|513|
|Communications|156,000|-|52,954|208,954|215,685|
|Family Involvement and Participation|210,244|-|95,106|305,350|496,383|
|Projects|38,022|-|9,561|47,583|131,993|
|───────|───────|───────|───────|───────|
|Total Charitable Activities|
|Expenditure|797,276|(11,431)|276,349|1,062,194|1,594,317|
|───────|───────|───────|───────|───────|
|Expenditure on Raising Funds|
|Cost of Staging Events|298,037|-|74,106|372,143|180,945|
|Other Costs|133,317|-|33,277|166,594|226,511|
|───────|───────|───────|───────|───────|
|Total Expenditure on Raising Funds|431,354|-|107,383|538,737|407,456|
|───────|───────|───────|───────|───────|
|Total Expenditure|1,228,630|(11,431)|383,732|1,600,931|2,001,773|
|═══════|═══════|═══════|═══════|═══════|
**----- End of picture text -----**
Of the £383,732 (2021: £331,770) support costs detailed above £24,405 (2021: £35,299) relates to the Governance function:
**----- Start of picture text -----**
||||
|---|---|---|
|2022|2021|
|£|£|
|Audit fees|9,450|9,000|
|Accountancy|8,866|8,001|
|Legal fees|995|11,161|
|Insurance and Trustee costs|5,094|7,137|
|───────|───────|
|24,405|35,299|
|═══════ ═══════|
**----- End of picture text -----**
Annual report and accounts for the year ended 31 March 2022
30
����������������������������������������������������������
**WELLCHILD**
**(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
**NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **6. BREAKDOWN OF INCOME AND EXPENDITURE OF STAGING EVENTS**
## **6a. CURRENT YEAR BREAKDOWN OF INCOME AND EXPENDITURE OF STAGING EVENTS**
**----- Start of picture text -----**
|||||
|---|---|---|---|
|Income|Direct Costs Net Income|
|£|£|£|
|Fundraising and challenge events|658,439|(199,387)|459,052|
|═══════|═══════|═══════|
**----- End of picture text -----**
Direct costs include costs such as the purchasing of challenge event places, the hiring of venues and all costs associated with the running of fundraising events as well as staff remuneration, travel and expenses. In the prior year, the majority of fundraising and challenge events planned were postponed as a result of the Coronavirus pandemic.
## **6b. PRIOR YEAR BREAKDOWN OF INCOME AND EXPENDITURE OF STAGING EVENTS**
**----- Start of picture text -----**
|||||
|---|---|---|---|
|Income|Direct Costs Net Income|
|£|£|£|
|Fundraising and challenge events|154,196|(137,101)|17,095|
|═══════|═══════|═══════|
|7. TANGIBLE FIXED ASSETS|
|Office|
|Freehold|Furniture &|
|Group and Charity|Property|Equipment|Total|
|£|£|£|
|Cost|
|As at 1 April 2021|650,000|40,251|690,251|
|Disposals|-|(10,482)|(10,482)|
|───────|───────|───────|
|As at 31 March 2022|650,000|29,769|679,769|
|───────|───────|───────|
|Depreciation|
|As at 1 April 2021|75,761|39,619|115,380|
|Charge for the period|9,000|282|9,282|
|Disposals|-|(10,482)|(10,482)|
|───────|───────|───────|
|As at 31 March 2022|84,761|29,419|114,180|
|───────|───────|───────|
|Net book value|
|As at 1 April 2021|574,239|632|574,871|
|═══════|═══════|═══════|
|As at 31 March 2022|565,239|350|565,589|
**----- End of picture text -----**
The freehold property was valued by John Ryde Commercial Property Consultants at open market value with vacant possession on 19[th ] February 2013 at £650,000, being £200,000 in respect of the land, and £450,000 in respect of the buildings. In 2017, WellChild took advantage of the option under FRS 102 to accept this revaluation as deemed cost on its freehold property.
Intangible fixed assets of £10,320 are included in the above costs and are fully written down as at the balance sheet date.
Annual report and accounts for the year ended 31 March 2022
31
����������������������������������������������������������
**WELLCHILD (A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **8. FIXED ASSET INVESTMENTS**
**----- Start of picture text -----**
||||||
|---|---|---|---|---|
|Group|Charity|
|2022|2021|2022|2021|
|£|£|£|£|
|Unlisted Investments|
|Investments in subsidiary company|-|-|100|100|
|═══════|═══════ ═══════|═══════|
**----- End of picture text -----**
WellChild has ultimate control of WellChild Enterprises Ltd, a company registered in England and Wales (number 1850610) as 100 per cent (2021: 100 per cent) of the share capital is owned by the charity. One member of the Board of Trustees of the charity is also an unpaid director of WellChild Enterprises Ltd.
**----- Start of picture text -----**
||||||
|---|---|---|---|---|
|Group|Charity|
|2022|2021|2022|2021|
|£|£|£|£|
|Amounts owed by Group Undertaking|-|-|100|100|
|═══════|═══════ ═══════|═══════|
|Represented by|
|Share capital|-|-|100|100|
|═══════|═══════ ═══════ ═══════|
|9. CURRENT ASSET INVESTMENTS|
|Group|Charity|
|2022|2021|2022|2021|
|£|£|£|£|
|UK – Short term deposits|1,057,240|1,433,465|1,057,240|1,433,465|
|═══════|═══════ ═══════|═══════|
**----- End of picture text -----**
## **9. CURRENT ASSET INVESTMENTS**
All of the investment income of £3,698 (2021: £7,645) arises from money held in interest-bearing cash deposit accounts.
## **10. DEBTORS**
**----- Start of picture text -----**
||||||
|---|---|---|---|---|
|Group|Charity|
|2022|2021|2022|2021|
|£|£|£|£|
|Prepaid costs in respect of future events|221,586|266,585|221,586|266,585|
|Trade debtors|2,800|23,451|300|23,451|
|Amounts owed by group undertakings|-|-|11,421|68,813|
|Prepayments|20,389|21,768|20,389|21,768|
|Accrued income|253,441|420,658|253,441|420,658|
|Other debtors|3,545|1,017|3,545|1,017|
|───────|───────|───────|───────|
|501,761|733,479|510,682|802,292|
|═══════|═══════|═══════|═══════|
**----- End of picture text -----**
For the year ended 31 March 2022, accrued income includes £227,656 grant income for the Better At Home training programme (2021: £318,981).
Prepaid costs in respect of future events recoverable more than a year after the reporting date amount to £61,350 (2021: £76,868).
Annual report and accounts for the year ended 31 March 2022
32
����������������������������������������������������������
**WELLCHILD**
**(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**----- Start of picture text -----**
||||||
|---|---|---|---|---|
|Group|Charity|
|2022|2021|2022|2021|
|£|£|£|£|
|Trade creditors|41,031|45,687|41,031|45,687|
|Other taxation and social security|20,360|21,968|20,360|21,968|
|Accruals|18,175|32,011|17,305|31,211|
|Deferred income (see note 12)|316,236|358,611|316,236|358,611|
|Grants authorised but not yet paid (see note 18)|565,742|872,306|565,742|872,306|
|Amounts owed to group undertakings|-|-|-|100|
|Other creditors|5,328|6,338|5,328|6,338|
|───────|───────|───────|───────|
|966,872|1,336,921|966,002|1,336,921|
|═══════|═══════ ═══════|═══════|
**----- End of picture text -----**
## **12. DEFERRED INCOME**
**----- Start of picture text -----**
||||||
|---|---|---|---|---|
|Group|Charity|
|2022|2021|2022|2021|
|£|£|£|£|
|London Marathon|94,185|143,252|94,185|143,252|
|Ed Chamberlin Golf Day|19,400|1,600|19,400|1,600|
|WellChild Awards|128,625|125,625|128,625|125,625|
|Restricted charitable projects|-|31,066|-|31,066|
|Other events|74,026|57,068|74,026|57,068|
|───────|───────|───────|───────|
|316,236|358,611|316,236|358,611|
|═══════ ═══════|═══════ ═══════|
**----- End of picture text -----**
Deferred income is potentially refundable income (in the case of cancellation) received for future events and restricted charitable projects. 2021/22 and 2020/21 deferred income was recognised as income during the financial year where the event took place and where the event was postponed, the income was further deferred. The movement in deferred income is shown below:
**----- Start of picture text -----**
||||||
|---|---|---|---|---|
|Group|Charity|
|2022|2021|2022|2021|
|£|£|£|£|
|Deferred income brought forward|358,611|328,110|358,611|328,110|
|Resources deferred during the year|246,920|234,394|246,920|234,394|
|Amounts released from previous periods|(289,295)|(203,893)|(289,295)|(203,893)|
|───────|───────|───────|───────|
|Deferred income carried forward|316,236|358,611|316,236|358,611|
|═══════|═══════|═══════ ═══════|
|13. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR|
|Group|Charity|
|2022|2021|2022|2021|
|£|£|£|£|
|Grants authorised but not yet paid (see note 18)|109,199|263,569|109,199|263,569|
|═══════|═══════ ═══════|═══════|
**----- End of picture text -----**
## **13. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Annual report and accounts for the year ended 31 March 2022
33
����������������������������������������������������������
**WELLCHILD**
**(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **14. ANALYSIS OF GROUP NET ASSETS BETWEEN FUNDS**
## **14a. CURRENT YEAR ANALYSIS OF GROUP NET ASSETS BETWEEN FUNDS**
**----- Start of picture text -----**
|||||||
|---|---|---|---|---|---|
|Restricted|Designated|General|Total|Total|
|Funds|Funds|Funds|2022|2021|
|£|£|£|£|£|
|Tangible fixed assets|-|565,589|-|565,589|574,871|
|Net current assets|149,484|-|668,091|817,575|1,288,673|
|Creditors falling due after more|
|than one year|(109,199)|-|-|(109,199)|(263,569)|
|───────|───────|───────|───────|───────|
|Net assets|40,285|565,589|668,091|1,273,965|1,599,975|
|═══════|═══════|═══════|═══════|═══════|
**----- End of picture text -----**
## **14b. PRIOR YEAR ANALYSIS OF GROUP NET ASSETS BETWEEN FUNDS**
**----- Start of picture text -----**
|||||||
|---|---|---|---|---|---|
|Restricted|Designated|General|Total|Total|
|Funds|Funds|Funds|2021|2020|
|£|£|£|£|£|
|Tangible fixed assets|-|574,871|-|574,871|584,153|
|Net current assets|342,152|-|946,521|1,288,673|1,291,305|
|Creditors falling due after more|
|than one year|(263,569)|-|-|(263,569)|(207,562)|
|───────|───────|───────|───────|───────|
|Net assets|78,583|574,871|946,521|1,599,975|1,667,896|
|═══════|═══════|═══════|═══════|═══════|
**----- End of picture text -----**
Annual report and accounts for the year ended 31 March 2022
34
����������������������������������������������������������
**WELLCHILD**
**(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **15. DESCRIPTION OF FUNDS**
## **DESIGNATED FUNDS**
The designated funds represent 100 per cent of the value of fixed assets. These fixed assets include the WellChild head office building and are not, therefore, readily accessible.
## **RESTRICTED FUNDS**
Restricted funds are those where the donor has been specific about the purpose for which they are donating or where funds have been raised for a specific purpose which was communicated to donors. The funds must be used for the purpose for which they were given and/or raised.
## � **WellChild Nurse Programme**
This programme has been established to fund WellChild Nurses who support children and young people with serious illness, complex health conditions or long-term care needs and their families, across the UK. They work to ensure that these children and young people can leave hospital and return home and offer vital support to make sure that these families have the skills they need to care for their children. In addition, WellChild Nurses are vital in the prevention of frequent hospital re-admissions.
## � **Better At Home Training Programme**
An essential part of children being discharged home is ensuring that parents feel confident and competent in being able to provide complex nursing care at home. This includes care ranging from tube feeding to managing ventilation and dealing with an emergency. Training usually starts at the hospital bedside. What is missing, however, is a consistent approach to how a family is trained, including where and when this takes place. The Better At Home training programme will provide this training.
## � **Helping Hands Programme**
WellChild’s Helping Hands programme works with volunteers from companies and organisations across the UK to tackle essential projects in the homes of children and young people with serious illness, complex health conditions or long-term care needs. These volunteers provide the manpower and enthusiasm for undertaking home and garden make-over projects, as well as donating their time and energy to help make a practical and positive impact on children’s lives.
## � **Families Involvement and Participation Programme**
Families play an active role within WellChild, and the involvement and participation of children, young people, parents and carers is essential to the delivery of WellChild’s strategy. The Family involvement and Participation Programme includes the WellChild Family Tree peer-to-peer support resource and forum, along with many other information, interactive, advocacy, and event activities. WellChild is committed to ensuring children, young people and families remain firmly at the heart of our work. During 2020/21 the programme expanded significantly to incorporate our COVID Direct Response Service and associated support for families.
## � **Wolfram Syndrome Family Coordinator**
Wolfram Syndrome is a rare and complex genetic disorder, causing diabetes insipidus, diabetes mellitus, optic atrophy, and deafness, as well as various other health issues. Because of its rarity, it can be difficult for those with the syndrome or undergoing diagnosis to access local information and advice. This can leave them and their families feeling isolated and anxious. Funded by NHS England, and in partnership with Birmingham Children’s Hospital, WellChild’s Wolfram Syndrome Family Coordinator works with families to provide support, advocacy, and advice. As of 2020/21 the service has been operated through WellChild Enterprises Limited (formerly WellChild Trading Limited) and in 2021/22 the funding came to an end.
Annual report and accounts for the year ended 31 March 2022
35
����������������������������������������������������������
**WELLCHILD (A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **15. DESCRIPTION OF FUNDS (continued)**
� **Medicines for Children App** Working with parents and carers of children with exceptional health needs has shown that guidance on managing often complex 24/7 medication regimes is sorely lacking. Funded by Comic Relief’s Tech for Good and Fidelity, in collaboration with the Royal College of Paediatrics and Child Health (RCPCH) and the Neonatal and Paediatric Pharmacists Group (NPPG), we are developing a medicines management app to help parents and carers better manage their child’s medicine routine safely. The purpose of the app is to equip parents with medicine information for their child instantly, anytime, anywhere, reducing the medicine management burden. It can also act as a child’s online medicine record with the ability for every action/result to be recorded, viewed and shared with health professionals instantly. This project is a continuation of WellChild’s work with the Medicines For Children web resource.
� **IT** During 2020/21, WellChild received and invested funding from Gloucestershire Growth Hub and CAST/Catalyst to help improve its IT infrastructure and online resource.
## **16. STATEMENT OF FUNDS (GROUP)**
## **16a. CURRENT YEAR STATEMENT OF FUNDS (GROUP)**
||**Brought**|**Income**|**Expenditure**|**Transfers**|**Carried**|
|---|---|---|---|---|---|
||**Forward**||||**Forward**|
||**£**|**£**|**£**|**£**|**£**|
|**UNRESTRICTED FUNDS**||||||
|General (undesignated) funds:||||||
|WellChild|946,521|**943,895**|**(1,222,325)**|**-**|**668,091**|
|WellChild Enterprises Ltd|-|**12,807**|**(12,807)**|**-**|**-**|
|Designated funds|574,871|**-**|**(9,282)**|**-**|**565,589**|
||───────|───────|───────|───────|───────|
||1,521,392|**956,702**|**(1,244,414)**|**-**|**1,233,680**|
||───────|───────|───────|───────|───────|
|**RESTRICTED FUNDS**||||||
|WellChild Nurse Programme|(14,128)|
**38,583**|**(23,264)**|**-**|**1,191**|
|Better At Home Training Programme|(10,479)|
**6,500**|**11,380**|**-**|**7,401**|
|Helping Hands Programme|3,190|**129,306**|**(125,133)**|**-**|**7,363**|
|Families Involvement and Participation||||||
|Programme|100,000|**143,830**|**(219,500)**|**-**|**24,330**|
||───────|───────|───────|───────|───────|
||78,583|**318,219**|**(356,517)**|**-**|**40,285**|
||───────|───────|───────|───────|───────|
||1,599,975|**1,274,921**|**(1,600,931)**|**-**|**1,273,965**|
||═══════|═══════|═══════|═══════|═══════|
Annual report and accounts for the year ended 31 March 2022
36
����������������������������������������������������������
**WELLCHILD**
**(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **16. STATEMENT OF FUNDS (GROUP) (continued)**
## **16b. PRIOR YEAR STATEMENT OF FUNDS (GROUP)**
**----- Start of picture text -----**
|||||||
|---|---|---|---|---|---|
|Brought|Income Expenditure Transfers|Carried|
|Forward|Forward|
|£|£|£|£|£|
|UNRESTRICTED FUNDS|
|General (undesignated) funds:|
|WellChild|775,434|1,111,167|(940,080)|-|946,521|
|WellChild Enterprises Ltd|-|71,591|(71,591)|-|-|
|Designated funds|584,153|-|(9,282)|-|574,871|
|───────|───────|───────|───────|───────|
|1,359,587|1,182,758|(1,020,953)|-|1,521,392|
|───────|───────|───────|───────|───────|
|RESTRICTED FUNDS|
|WellChild Nurse Programme|21,135|269,224|(304,487)|-|(14,128)|
|Better At Home Training Programme|165,399|26,020|(201,898)|-|(10,479)|
|Helping Hands Programme|4,298|41,497|(42,605)|-|3,190|
|Families Involvement and Participation|
|Programme|-|402,733|(302,733)|-|100,000|
|Wolfram Syndrome Family Coordinator|7,132|-|(7,132)|-|-|
|Medicines for Children App|110,345|-|(110,345)|-|-|
|IT|-|11,620|(11,620)|-|-|
|───────|───────|───────|───────|───────|
|308,309|751,094|(980,820)|-|78,583|
|───────|───────|───────|───────|───────|
|1,667,896|1,933,852|(2,001,773)|-|1,599,975|
|═══════|═══════|═══════|═══════|═══════|
**----- End of picture text -----**
Restricted funds in deficit are awaiting funding which is to be received in arrears.
Annual report and accounts for the year ended 31 March 2022
37
����������������������������������������������������������
**WELLCHILD (A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
|**17.**|**GRANTS RECONCILIATION**|**£**|
|---|---|---|
||Grants outstanding at 1 April 2021|**1,135,875**|
||Grants authorised in the period|**717**|
||Adjustment to grants in the period|**(14,215)**|
||Grants paid in the period|**(447,436)**|
|||───────|
||Grants outstanding at 31 March 2022 (see note 18)|**674,941**|
|||═══════|
||**GRANTS AUTHORISED IN PERIOD**||
|||**£**|
||**Better At Home**||
||St George’s University Hospitals NHS Foundation Trust – Parent trainer nurse and||
||physiotherapist – top up|**717**|
|||───────|
||**Total Better At Home**|**717**|
|||───────|
||**TOTAL GRANTS AUTHORISED IN PERIOD**|**717**|
||(All paid to institutions)|═══════|
Annual report and accounts for the year ended 31 March 2022
38
����������������������������������������������������������
**WELLCHILD (A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **18. DETAILS OF AUTHORISED BUT UNPAID GRANTS**
||**Outstanding**|**Within One**|**Due Over**|
|---|---|---|---|
||**Balance 31**|**Year**|**One Year**|
||**March 2022**|||
|**PROJECTS**|**£**|**£**|**£**|
|Management of Children’s Pain Project – The Open University|**889**|889|-|
|Medicines for Children App - Royal College of Paediatrics &||||
|Child Health|**84,620**|84,620|-|
||**───────**|───────|───────|
|**TOTAL PROJECTS**|**85,509**|**85,509**|**-**|
||═══════|═══════|═══════|
|**BETTER AT HOME**|**£**|**£**|**£**|
|Better At Home Training Resource - Equipment, Cardiff -|**17,329**|17,329|-|
|Cardiff and Vale University Health Board||||
|Better At Home Training Resource - Training Kit, Alder Hey|**558**|558|-|
|Children’s NHS Foundation Trust||||
|Better At Home Training Resource - Equipment, Birmingham|**46,720**|46,720|-|
|Women’s and Children’s Hospital NHS Foundation Trust||||
|Better At Home Training Resource - Equipment, Royal|**9,947**|9,947|-|
|Manchester Children’s Hospital, Manchester University||||
|NHS Foundation Trust||||
|Better At Home Training Resource - Equipment, University|**10,150**|10,150|-|
|Hospital Southampton NHS Foundation Trust||||
|Better At Home Training Resource – Parent Trainer Nurse,|**70,781**|70,781|-|
|University Hospital Southampton NHS Foundation Trust||||
|Better At Home Training Resource – Equipment, North|**5,969**|5,969|-|
|Cumbria Integrated Care NHS Foundation Trust||||
|Better At Home Training Resource – Parent Trainer Nurse, St|**144,567**|86,740|57,827|
|George’s University Hospitals NHS Foundation Trust||||
|Better At Home Training Resource – Equipment, St George’s|**25,933**|25,933|-|
|University Hospitals NHS Foundation Trust||||
|Better At Home Training Resource – Equipment, Oxleas NHS|**15,135**|15,135|-|
|Foundation Trust||||
|Better At Home Training Resource - Equipment, Ayrshire and|**17,478**|17,478|-|
|Arran - NHS Ayrshire and Arran||||
|Better At Home Training Resource - Equipment, University of|**31,955**|31,955|-|
|Nottingham||||
||───────|───────|───────|
|**TOTAL PROJECTS**|**396,522**|**338,695**|**57,827**|
||═══════|═══════|═══════|
Annual report and accounts for the year ended 31 March 2022
39
����������������������������������������������������������
**WELLCHILD (A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **18. DETAILS OF AUTHORISED BUT UNPAID GRANTS (continued)**
||**Outstanding**|**Within One**|**Due Over**|
|---|---|---|---|
||**Balance 31**|**Year**|**One Year**|
||**March 2022**|||
|**WELLCHILD NURSES**|**£**|**£**|**£**|
|Provision of WellChild Nurse for:||||
|Royal Cornwall Hospitals NHS Trust and Cornwall Partnership|**300**|300|-|
|NHS Foundation Trust||||
|Alder Hey Children’s NHS Foundation Trust and Edge Hill|**8,702**|8,702|-|
|University||||
|Royal Belfast Hospital for Sick Children, Belfast Health and|**365**|365|-|
|Social Care Trust||||
|Manchester University NHS Foundation Trust|**7,894**|7,894|-|
|NHS Gloucestershire Clinical Commissioning Group|**27,211**|27,211|-|
|South Warwickshire NHS Foundation Trust|**77,122**|66,104|11,018|
|North Cumbria Integrated Care NHS Foundation Trust|**68,840**|28,486|40,354|
|Great Ormond Street Hospital for Children NHS Foundation|**1,476**|1,476|-|
|Trust||||
|Betsi Cadwaladr University Health Board|**1,000**|1,000|-|
||───────|───────|───────|
|**TOTAL WELLCHILD NURSES**|**192,910**|**141,538**|**51,372**|
||───────|───────|───────|
|**TOTAL AUTHORISED BUT UNPAID GRANTS**|**674,941**|**565,742**|**109,199**|
||═══════|═══════|═══════|
Annual report and accounts for the year ended 31 March 2022
40
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**WELLCHILD (A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **19. OPERATING LEASE COMMITMENTS**
As at 31 March 2022 the group had total commitments due under non-cancellable operating leases as follows:
**----- Start of picture text -----**
||||
|---|---|---|
|2022|2021|
|£|£|
|Within one year|2,607|2,745|
|Within two to five years|127|961|
|───────|───────|
|2,734|3,706|
|═══════ ═══════|
**----- End of picture text -----**
## **20. CAPITAL COMMITMENTS**
At the year end the group had no capital commitments (2021: nil).
## **21. RELATED PARTY TRANSACTIONS**
Total donations of £155 (2021: £100) were received from three (2021: two) members of the Trustee Board. There were no other related party transactions during the year.
## **22. TRADING SUBSIDIARY**
The charity has one wholly owned trading subsidiary, which is registered In England and Wales. The registered address of Wellchild Enterprises Ltd is 16 Royal Crescent, Cheltenham, Gloucestershire, GL50 3DA. WellChild Enterprises Ltd (registered company 1850610) carries out commercial activities, mainly delivering a service level agreement for NHS England and sponsorship for charitable events.
A summary of the trading results for WellChild Enterprises Ltd is below and is shown before consolidation adjustments. Accounts are filed with the Registrar of Companies at Companies House each year.
**----- Start of picture text -----**
||||
|---|---|---|
|Statement of comprehensive income|WellChild Enterprises Ltd|
|2022|2021|
|£|£|
|Turnover – third party|12,807|71,591|
|Cost of Sales – third party|-|(977)|
|Cost of Sales - group|(4,375)|(49,775)|
|───────|───────|
|Gross profit|8,432|20,839|
|Administration costs|(2,586)|(1,800)|
|Gift aid donation to WellChild|(5,846)|(19,039)|
|───────|───────|
|Operating result|-|-|
|───────|───────|
|Total comprehensive income for the year|-|-|
|═══════|═══════|
|The assets and liabilities of the company were:|
|Current assets|12,391|69,713|
|Current liabilities|(12,291)|(69,613)|
|───────|───────|
|Total net assets|100|100|
|═══════|═══════|
|Share capital - £1 ordinary shares|100|100|
|Retained profits|-|-|
|═══════|═══════|
**----- End of picture text -----**
Annual report and accounts for the year ended 31 March 2022
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**WELLCHILD (A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **23. STATUTORY INCOME INCLUDING GOVERNMENT GRANTS**
Statutory income comprises a performance related grant of £5,140 (2021: £61,678) made by NHS England to fund the Wolfram Syndrome Family Coordinator service and government grants of £21,429 (2021: £164,275) were received through the government’s Coronavirus Job Retention Scheme (furlough).
## **24. FINANCIAL INSTRUMENTS**
|**INANCIAL INSTRUMENTS**|||
|---|---|---|
||**2022**|2021|
||**£**|£|
|**Financial assets measured at settlement value**|**1,538,928**|2,336,225|
|**Financial liabilities measured at settlement value**|**(734,147)**|(1,263,348)|
||═══════|═══════|
Financial assets measured at settlement value comprise cash, short term deposit investments, accrued income, and trade debtors.
Financial liabilities measured at settlement value comprise trade creditors, accruals and grants authorised but not yet paid.
There was no impairment of assets in the year (2021: nil).
Annual report and accounts for the year ended 31 March 2022
42
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**WELLCHILD**
**(A COMPANY LIMITED BY GUARANTEE AND A REGISTERED CHARITY)**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022**
## **25. PRIOR YEAR STATEMENT OF GROUP FINANCIAL ACTIVITIES (WITH FUND ANALYSIS)**
||Unrestricted|Restricted|2021|
|---|---|---|---|
||Funds|Funds|Total|
||£|£|£|
|**INCOME FROM**||||
|**Donations and Legacies**|744,218|751,094|1,495,312|
|**Statutory Income**|225,953|-|225,953|
|**Other Trading Activities (including challenge and other**||||
|**fundraising events)**|204,942|-|204,942|
|**Investment Income**|7,645|-|7,645|
||───────|───────|───────|
|**Total Income**|1,182,758|751,094|1,933,852|
||───────|───────|───────|
|**EXPENDITURE ON**||||
|**Raising Funds**||||
|Cost of Staging Events|180,945|-|180,945|
|Other Costs|226,511|-|226,511|
||───────|───────|───────|
|**Total Expenditure on Raising Funds**|407,456|-|407,456|
||───────|───────|───────|
|**Charitable Activities**||||
|WellChild Nurse Programme|13,118|304,487|317,605|
|Better At Home Training Programme|55,950|201,898|257,848|
|Helping Hands Programme|86,593|42,605|129,198|
|Information and Campaigning|45,092|-|45,092|
|Charitable Events (including WellChild Awards)|513|-|513|
|Communications|204,065|11,620|215,685|
|Family Involvement and Participation (including COVID Direct||||
|Response Service)|186,518|309,865|496,383|
|Projects (including Medicines For Children)|21,648|110,345|131,993|
||───────|───────|───────|
|**Total Charitable Activities Expenditure**|613,497|980,820|1,594,317|
||───────|───────|───────|
||───────|───────|───────|
|**Total Expenditure**|1,020,953|980,820|2,001,773|
||───────|───────|───────|
|**NET INCOME/(EXPENDITURE) BEFORE TRANSFERS BETWEEN**||||
|**FUNDS**|161,805|(229,726)|(67,921)|
|Transfers between funds|-|-|-|
||───────|───────|───────|
|**NET MOVEMENT IN FUNDS**|161,805|(229,726)|(67,921)|
|**Reconciliation of Funds:**||||
|Total Funds Brought Forward (1 April)|1,359,587|308,309|1,667,896|
||───────|───────|───────|
|**Total Funds Carried Forward (31 March)**|1,521,392|78,583|1,599,975|
||═══════|═══════|═══════|
Annual report and accounts for the year ended 31 March 2022
43