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2023-03-31-accounts

CharityInformation
ReportoftheTrustees 2-15
IndependentAuditor'sReporttotheMembersandTrusteesofWellChild 16-18
ConsolidatedStatementofFinancialActivities(includinganincomeandexpenditureaccount) 9
BalanceSheets 20
ConsolidatedCashFlowStatement 21
NotestotheFinancialStatements 22~43

DocuSign Envelope ID: F325E677-2177-4992-A82B-5D04CB4D891E 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 IRREGULARmES, 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, f[o] cusing 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 1021. 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 stale 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: 26 July 2023

For and on behalf of

Crowe U.K. LLP. Statutory Auditor 4th Floor, St James House St James Square Cheltenham GL50 3PR

Annual report and accounts for the year ended 31 March 2023

18

Note Unrestricted—Restricted Unrestricted—Restricted 2023 2022
Funds Funds Total Total
£ £ £ £
INCOMEFROM
DonationsandLegacies 3b 174,55) 718,823 893,374 568,177
StatutoryIncome 23 - - - 26,569
OtherTradingActivities(includingchallengeand
otherfundraisingevents) 3c 992,095 13,275 1,005,370 676,477
Profitonsaleofasset 280,180 - 280,180 -
Investmentincome 7,900 - 7,900 3,698
TotalIncome
1,454,726
732,098

2,186,824

1,274,921
EXPENDITUREON
RaisingFunds
CostofStagingEvents 566,793 - 566,793 372,143
OtherCosts 174,802 - 174,802 166,594
TotalExpenditureonRaisingFunds 5
741,595
-
741,595

538,737
CharitableActivities
WellChildNurseProgramme 23,688 409,960 433,648 44,093
BetterAtHomeTrainingProgramme 78,763 59,090 137,853 15,755
HelpingHandsProgramme 136,062 108,200 244,262 284,181
InformationandCampaigning 65,313 - 65,313 72,546
CharitableEvents(includingWellChildAwards] 38,446 - 38,446 83,732
Communications 185,784 - 185,784 208,954
FamilyInvolvementandParticipation 174,225 55,439 229,664 305,350
Projects(includingMedicinesForChildren) 34,186 - 34,186 47,583
TotalCharitableActivitiesExpenditure 5

736,467

632,689



1,369,156



=:1,062,194
TotalExpenditure 5
1,478,062
632,689

2,110,751

1,600,931
NET(EXPENDITURE)BEFORETRANSFERSBETWEEN
FUNDS (23,336) 99,409 76,073 (326,010)
Transfersbetweenfunds 16 - - - -
NETMOVEMENTINFUNDS
{23,336]
99,409

76,073

(326,010)
ReconciliationofFunds:
TotalFundsBroughtForward(1April) 6 1,233,680 40,285 1,273,965 1,599,975
TotalFundsCarriedForward(31March) 1%
1,210,344
139,694


1,350,038


—=—-1,273,965
Allactivitiesrelatetocontinuingoperations.

The Group TheCharity TheCharity
31March 31March 31March=31March
2023 2022 2023 2022
Note £ £ £ £
FIXEDASSETS
Tangibleassets
Investments		 7
8		 70
-		 565,589
-		 70
100		 565,589
100
TOTALFIXEDASSETS

70

565,589

170

565,689
CURRENTASSETS
Investments
Debtors		 9
10		 1,073,010
902,547		 1,057,240
501,761		 ‘1,073,010
920,269		 ~—si1,057,240
510,682
Cashatbankandinhand 724,129 225,446 705,538 215,555
TOTALCURRENTASSETS

2,699,686

1,784,447

2,698,817

1,783,477
CREDITORS:AMOUNTSFALLINGDUEWITHIN
ONEYEAR N (989,501) (966,872) (988,732) (966,002)
NETCURRENTASSETS

1,710,185

817,575

1,710,085

817,475
CREDITORS:AMOUNTSFALLINGDUEAFTER
MORETHANONEYEAR
13 (360,217) (109,199) (360,217) (109,199)
TOTALNETASSETS

1,350,038

1,273,965

1,350,038

—s:1,273,965
THEFUNDSOFTHECHARITY
Restrictedfunds
Designatedfunds
Generalreserve(undesignated)funds		 15&16
16
16		 139,694
520,070
690,274		 40,285
565,589
668,091		 139,694
520,070
690,274		 40,285
565,589
668,091
TOTALCHARITYFUNDS
1,350,038
1,273,965
1,350,038
1,273,965

2023 2022
£ £
Cashflowsfromoperatingactivities
Netcash(usedin)operatingactivities i) (332,865) {613,127)
Cashflowsfrominvestingactivities
Bankinterestreceived 7,900 3,698
Proceedsfromthesaleofproperty 846,418 -
Giftinkind—legalfeesresaleofproperty (7,000) -
Netcashprovidedbyinvestingactivities 847,318 3,698
Changeincashandcashequivalentsinthereportingperiod 514,453 (609,429)
Cashandcashequivalentsatthebeginningofthereportingperiod 1,282,686=1,892,115
Cashandcashequivalentsattheendofthereportingperiod ii) 1,797,139 1,282,686
i)
RECONCILIATIONOFCASHFLOWSFROM
OPERATINGACTIVITIES: 2023 2022
£ £
Netincome/(expenditure)forthereporting period(asperthe Statementof
FinancialActivities) 76,073 (326,010}
Adjustmentsfor:
Depreciationcharges 6,280 9,282
{Profit)onsaleofproperty (280,180) -
Bankinterestreceived (7,900) (3,698)
Increase/(decrease)ingrantcreditors 255,184 (460,934)
{increase)/decreaseindebtors (389,707) 231,718
Increase/(decrease})increditorsanddeferredincome(excl.grants) 7,385 (63,485)
Netcash(usedin)operatingactivities (332,865) (613,127}
ii)ANALYSISOFCASHANDCASHEQUIVALENTS
Cashinhand 724,129 225,446
Deposits ; 1,073,010 —=—-:1,057,240
Totalcashandcashequivalents 1,797,139 1,282,686

2023 2022
£ £
Income 2,166,952 1,268,205
Giftaidfromsubsidiarycompany 18,922 5,846
2,185,874 1,274,051
Expenditure (2,109,801) (1,600,061)
Netexpenditure 76,073 (326,010)
Totalfundsbroughtforward 1,273,965 1,599,975
Totalfundscarriedforward 1,350,038 1,273,965
Representedby:
Restrictedfunds 139,694 40,285
Unrestrictedfunds 1,210,344 1,233,680
1,350,038 1,273,965
NETMOVEMENTINFUNDSINTHEYEAR
2023 2022
£
Isstatedafterchargingthefollowingitems:
Auditors’remunerationforauditservices 10,500 9,450
Auditors’remunerationforotherservices 940 840
Depreciationoftangiblefixedassets 6,280 9,282
Operatingleases 22,859 11,951
andafercrediting:
Bankinterestreceivable (7,900) (3,698)
2023 2022
£ £
Corporate donations 216,975 226,890
Donationsinclusive oftrusts 632,554 306,903
Legacies 43,845 34,384
893,374 568,177
3. NETMOVEMENTINFUNDSINTHEYEAR(continued)
3c. INCOMEFROMOTHERTRADINGACTIVITIESINCLUDETHEFOLLOWING:
2023 2022
£ £
Corporatepartnerships - 7,931
Challengeevents(seenote6) 574,087 309,041
Fundraisingevents(seenote6)
Other		 406,602
24,681		 349,398
10,107
1,005,370 676,477
4. TRUSTEESANDEMPLOYEES 2023 2022
£ £
StaffCosts
Wagesandsalaries		 776,221 858,598
Socialsecuritycosts 76,577 81,455
Otherpensioncosts 45,647 §2,756
898,445 992,809
2023 2022
Themonthlyaveragenumberofemployeeswas: Number Number
Managementandadministration
Charitableactivities
Fundraising		 5
12
9		 §
15
8
Totalemployees 26 28

andis:
2023 2022
Number Number
£70,000 - £79,999 1 -
£80,000 - £89,999 - ]

Thegroupallocatesitssupportcostsas
consistentwiththeuseofresources.		 showninthe tablebelow.Su pportcosts areallocated onabasis
Grant
Direct Fundingof Support Total Total
Costs Activities Costs 2023 2022
£ £ £ £ £
CharitableActivitiesExpenditure
WellChildNurseProgramme		 44,850 377,268 1,530 433,648 44,093
BetterAtHomeTrainingProgramme
HelpingHandsProgramme
InformationandCampaigning		 22,772
185,080
44,342		 103,551
-
-		 11,530
59,182
20,971		 137,853
244,262
65,313		 15,755
284,181
72,546
CharitableEvents 23,754 - 14,692 38,446 83,732
Communications 132,420 - 53,364 185,784 208,954
FamilyinvolvementandParticipation
Projects
157,326
28,288
-
-
72,338
5,898
229,664
34,186
305,350
47,583
TotalCharitableActivities
Expenditure
638,832
480,819
249,505
1,369,156
~=—:1,062,194
ExpenditureonRaisingFunds
CostofStagingEvents
OtherCosts		 460,322
141,929		 -
-		 106,471
32,873		 566,793
174,802		 372,143
166,594
TotalExpenditureonRaisingFunds
602,251
-
139,344
741,595
538,737
TotalExpenditure
1,241,083
480,819
388,849
2,110,751
1,600,931
Ofthe£388,849(2022:£383,732)supportcostsdetail
Governancefunction:		 edabove£22,122(2022:£24,405)rel atestothe
2023 2022
£ £
Auditfees
Accountancy
Legalfees
InsuranceandTrusteecosts		 10,500
3,976
-
7,646		 9,450
8,866
995
5,094
22,122 24,405
Income DirectCosts NetIncome
£ £ £
Fundraisingandchallengeevents 980,689
 (346,064)
 634,625

Income _—DirectCosts NetIncome
£ £ £
Fundraisingandchallengeevents
658,439
(199,387)
459,052
TANGIBLEFIXEDASSETS
Office
Freehold Furniture&
GroupandCharity Property Equipment Total
£ £ £
Cost
Asat1April2022 650,000 29,769 679,769
Disposals {650,000) (18,324) (668,324)
Asat31March2023
-
11,445
11,445
Depreciation
Asat]April2022 84,761 29,419 114,180
Chargefortheperiod 6,000 280 6,280
Disposals (90,761) (18,324) (109,085)
Asat31March2023
-
1,375
11,375
Netbookvalue
Asat1April2022 565,239 350 565,589
Asat31March2023
-
70
70

8. FIXEDASSETINVESTMENTS Group Group Charity Charity
2023 2022 2023 2022
£ £ £ £
UnlistedInvestments
investmentsinsubsidiarycompany		 -
 -
 100
 100
WellChildhasultimatecontrolofWellChildEnterprisesLtd,acompanyregisteredinEngland
{number1850610)as100percent(2022:100 percent)ofthesharecapitalisownedbythe
memberoftheBoardofTrusteesofthecharityisalsoanunpaiddirectorofWellChildEnterprises		 andWales
charity.One
Ltd.
Group Charity
2023 2022 2023 2022
£ £ £ £
AmountsowedbyGroupUndertaking
-
-
100
100
Representedby
Sharecapital
-
-
100
100
9. CURRENTASSETINVESTMENTS Group Charity
2023 2022 2023 2022
£ £ £ £
UK—Shorttermdeposits 1,073,010
 ~=—:1,057,240~—:1,073,010
 ~—s‘1,057,240
Alloftheinvestmentincomeof£7,900(2022: £3,698)arisesfrommoneyheldininterest-bearing cashdeposit
accounts.
10. DEBTORS Group Charity
2023 2022 2023 2022
£ £ £ £
Prepaidcostsinrespectoffutureevents
Tradedebtors
Amountsowedbygroupundertakings
Prepayments
Accruedincome
Otherdebtors		 182,867
19,702
-
17,046
679,447
3,485		 221,586
2,800
-
20,389
253,441
3,545		 182,867
18,502
18,922
17,046
679,447
3,485		 221,586
300
11,421
20,389
253,441
3,545

902,547
501,761
920,269
510,682

Group Charity
2023 2022 2023 2022
£ £ £ £
Tradecreditors 22,024 41,031 22,024 41,031
Othertaxationandsocialsecurity 20,71 20,360 20,71 20,360
Accruals 14,958 18,175 14,018 17,305
Deferredincome{seenote12) 355,723 316,236 355,723 316,236
Grantsauthorisedbutnotyetpaid(seenote18) 569,908 565,742 569,908 565,742
Amountsowedtogroupundertakings - - 7 -
Othercreditors 6,177 5,328 6,177 5,328


989,501

966,872

988,732

966,002
DEFERREDINCOME
Group Charity
2023 2022 2023 2022
£ £ £ £
LondonMarathon 175,094 94,185 175,094 94,185
EdChamberlinGolfDay 23,975 19,400 23,975 19,400
WellChildAwards 133,000 128,625 133,000 128,625
Otherevents 23,654 74,026 23,654 74,026

355,723
316,236
355,723
316,236
Group Charity Charity
2023 2022 2023 2022
£ £ £ £
Deferredincomebroughtforward 316,236 358,611 316,236 358,611
Resourcesdeferredduringtheyear 337,817 246,920 337,817 246,920
Amountsreleasedfrompreviousperiods (298,330) (289,295) (298,330) (289,295)
Deferredincomecarriedforward

355,723



316,236

355,723

316,236
CREDITORS:AMOUNTSFALLINGDUEAFTERMORE THANONE YEAR
Group Charity
2023 2022 2023 2022
£ £ £ £
Grantsauthorisedbutnotyetpaid(seenote18) 360,217
109,199
 360,217
 109,199

Restricted Designated General Total Total
Funds Funds 2023 2022
£ £ £ £
Tangiblefixedassets
Netcurrentassets		 -
499,911		 -
690,274		 70
1,710,185		 565,589
817,575
Creditorsfallingdueaftermore
thanoneyear (360,217) - - (360,217) (109,199)
Netassets

139,694

520,070

690,274

1,350,038=1,273,965
PRIORYEARANALYSISOFGROUPNETASSETSBETWEENFUNDS
Restricted Designated General Total Total
Funds Funds Funds 2022 202)
£ £ £ £ £
Tangiblefixedassets - 565,589 - 565,589 §74,87)
Netcurrentassets 149,484 - 668,091 817,575=:1,288,673
Creditorsfallingdueaftermore
thanoneyear (109,199) - (109,199) (263,569)
Netassets
40,285

668,091
=1,273,965
=—-1,599,975

CURRENTYEARSTATEMENTOFFUNDS (GROUP)
Brought Income Expenditure Transfers Carried
Forward Forward
£ £ £ £ £
UNRESTRICTEDFUNDS
General(undesignated)funds:
WellChild
WellChildEnterprisesLtd
Designatedfund—Fixedassets
Designatedfund-Property		 668,091
-
565,589
-		 1,433,726
21,000
-
-		 (1,450,780)
(21,000)
(6,262)
-		 39,237
-
(559,237)
520,000		 690,274
-
70
520,000

1,233,680
1,454,726
(1,478,062)
-
1,210,344
RESTRICTEDFUNDS
WellChildNurseProgramme 1,191 366,566 (409,960) - (42,203)
BetterAtHomeTrainingProgramme
HelpingHandsProgramme		 7,40)
7,363		 54,022
107,310		 (59,090)
(108,200)		 -
-		 2,333
6,473
FamiliesInvolvementandParticipation
Programme 24,330 189,200 (55,439) - 158,091
MedicinesforChildren - 15,000 - - 15,000

40,285
732,098
(632,689)
-
139,694

1,273,965
2,186,624
(2,110,751)
-
1,350,038

Brought Income Expenditure Transfers Carried
Forward Forward
£ £ £ £ £
UNRESTRICTEDFUNDS
General{undesignated)funds:
WellChild 946,521 943,895 (1,222,325) - 668,091
WellChildEnterprisesLid - 12,807 (12,807) - -
Designatedfunds 574,871 - (9,282) - 565,589

1,521,392
956,702
(1,244,414)
-
1,233,680
RESTRICTEDFUNDS
WellChildNurseProgramme (14,128) 38,583 (23,264) - 1,191
BetterAtHomeTrainingProgramme (10,479) 6,500 11,380 - 7,401
HelpingHandsProgramme 3,190 129,306 (125,133) - 7,363
FamiliesInvolvementandParticipation
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
NOTESTOTHEFINANCIALSTATEMENTS NOTESTOTHEFINANCIALSTATEMENTS
For theyearended31March2023
17.
GRANTSRECONCILIATION		 £
Grantsoutstandingat1April2022
Grantsauthorisedintheperiod
Adjusimenttograntsintheperiod
Grantspaidintheperiod		 674,941
480,819
(8,172)
(217,463)
Grantsoutstandingat 31March2023(see note18) 930,125
GRANTSAUTHORISEDINPERIOD
WellChildNurses
BirminghamChildren’sHospital
UniversityHospitalofNorthMidlandsNHS		 Trust 184,324
192,944
TotalWellChildNursegrantsauthorised intheperiod 377,268
BetterAtHome
Better
AtHomeTraining
Resource
-		 Equipment,
University		 Hospital
Southampton		 6,004
NHSFoundationTrust
BetterAtHomeTrainingResource—Equipment,IsleofWight		 NHS Trust 3,332
Better
AtHomeTrainingResource
-Equipment,		 Barking Havering andRedbridge 47,137
HospitalTrust
Better
AtHomeTrainingResource
-		 Equipment,
Oxford
University		 HospitalsNHS 19,269
FoundationTrust
BetterAtHomeTrainingResource-Equipment,BartsHealth
BetterAtHomeTrainingResource-Equipment,EastLondon		 NHSTrust(TowerHamlets}
FoundationTrust(Newham)		 14,936
12,873
TotalBetterAtHomegrantsauthorised intheperiod 103,551
TOTALGRANTSAUTHORISEDINPERIOD 480,819

Outstanding WithinOne DueOver
Balance31 Year OneYear
March2023
PROJECTS £ £ £
MedicinesforChildrenApp-RoyalCollegeofPaediatrics&
ChildHealth 67,282 67,282 -
TOTALPROJECTS

67,282

67,282

-
BETTERATHOME £ £ £
BetterAtHomeTrainingResource-Equipment,Cardiff- 17,329 17,329 -
CardiffandValeUniversityHealthBoard
BetterAtHomeTrainingResource-TrainingKit,AlderHey 558 558 -
Children’sNHSFoundationTrust
BetterAtHomeTrainingResource-Equipment,Birmingham 46,720 46,720 -
Women’sandChildren’sHospitalNHSFoundationTrust
BetterAtHomeTrainingResource-Equipment,Royal 9,947 9,947 -
ManchesterChildren’sHospital,ManchesterUniversity
NHSFoundationTrust
BetterAtHomeTrainingResource-Equipment,University 14,192 14,192 -
HospitalSouthamptonNHSFoundationTrust
BetterAtHomeTrainingResource—Equipment,NHSLothian 17,478 17,478 -
{Edinburgh)
BetterAtHomeTrainingResource—Equipment,IsleofWight 3,332 3,332 -
NHSTrust
BetterAtHomeTrainingResource—ParentTrainerNurseand 12,830 50,147 62,683
Physiotherapist,StGeorge’sUniversityHospitalsNHS
FoundationTrust
BetterAtHomeTrainingResource—Equipment,StGeorge’s 25,933 25,933 -
UniversityHospitalsNHSFoundationTrust
BetterAtHomeTrainingResource—Equipment,OxleasNHS 3,279 3,279 -
FoundationTrust
BetterAtHomeTrainingResource-Equipment,Barking 47,137 47,137 -
HaveringandRedbridgeHospitalTrust
BetterAtHomeTrainingResource-Equipment,Oxford 19,269 19,269 -
UniversityHospitalsNHSFoundationTrust
BetterAtHomeTrainingResource-Equipment,BartsHealth 14,936 14,936 -
NHSTrust{TowerHamlets}
BetterAtHomeTrainingResource-Equipment,EastLondon 12,873 12,873 -
FoundationTrust(Newham)
BetterAtHomeTrainingResource-Equipment,Universityof 31,955 31,955 -
Nottingham
TOTALPROJECTS

377,768

315,085

62,683

18. DETAILSOFAUTHORISEDBUTUNPAIDGRANTS(continued)
Outstanding WithinOne DueOver
Balance31 Year OneYear
March2023
WELLCHILDNURSES £ £ £
ProvisionofWellChildNursefor:
RoyalCornwallHospitalsNHSTrustandCornwallPartnership 300 300 -
NHSFoundationTrust
RoyalBelfastHospitalforSickChildren,BelfastHealthand 365 365 -
SocialCareTrust
NHSGloucestershireClinicalCommissioningGroup 21,344 21,344 -
SouthWarwickshireNHSFoundationTrust 22,601 15,067 7,534
BirminghamChildren’sHospital 184,324 52,664 131,660
UniversityHospitalofNorthMidlandsNHSTrust 192,944 §5,127 137,817
NorthCumbriaIntegratedCareNHSFoundationTrust 61,568 41,045 20,523
GreatOrmondStreetHospitalforChildrenNHSFoundation 1,476 1,476 -
Trust
BetsiCadwaladrUniversityHealthBoard 153 153 -
TOTALWELLCHILDNURSES
485,075
187,541
297,534
TOTALAUTHORISEDBUTUNPAIDGRANTS
930,125
569,908
360,217

2023 2022
£ £
Withinoneyear 23,896 2,607
Withintwotofiveyears - 127
23,896 2,734

Statementofcomprehensiveincome WellChild EnterprisesLtd
2023
2022
£
£
Turnover—thirdparty 21,000 12,807
CostofSales-group -
(4,375)
Grossprofit 21,000
8,432
Administrationcosts (2,078)
(2,586)
GiftaiddonationtoWellChild (18,922)
(5,846)
Operatingresult -
-
Totalcomprehensiveincomefortheyear -
-
Theassetsandliabilitiesofthecompanywere:
Currentassets 19,962
12,391
Currentliabilities (19,862)
(12,291)
Totalnetassets 100
100
Sharecapital-£1ordinaryshares 100
100
Retainedprofits -
-

24. FINANCIAL INSTRUMENTS
2023 2022
£ £
Financial assetsmeasuredatsettlementvalue 2,496,288 1,538,928
Financial liabilitiesmeasuredatsettlementvalue (967,106) (734,147)

Unrestricted Restricted 2022
Funds Funds Total
£ £ £
INCOMEFROM
DonationsandLegacies 249,958 318,219 568,177
StatutoryIncome 26,569 - 26,569
OtherTradingActivities(includingchallengeandother
fundraisingevents) 676,477 - 676,477
investmentIncome 3,698 - 3,698
TotalIncome
956,702
318,219
1,274,921
EXPENDITUREON
RaisingFunds
CostofStagingEvents 372,143 - 372,143
OtherCosts 166,594 - 166,594
TotalExpenditureonRaisingFunds
538,737
-
538,737
CharitableActivities
WellChildNurseProgramme 20,829 23,264 44,093
BetterAtHomeTrainingProgramme 27,135 (11,380} 15,755
HelpingHandsProgramme 159,048 125,133 284,181
InformationandCampaigning 72,546 - 72,546
CharitableEvents(includingWellChildAwards) 83,732 - 83,732
Communications 208,954 - 208,954
FamilyInvolvementandParticipation{includingCOVIDDirect
ResponseService} 85,850 219,500 305,350
Projects(includingMedicinesForChildren) 47,583 - 47,583
TotalCharitableActivitiesExpenditure

705,677

356,517

1,062,194
TotalExpenditure
1,244,414
356,517
1,600,931
NETINCOME/(EXPENDITURE)BEFORETRANSFERSBETWEEN
FUNDS (287,712) {38,298} (326,010)
Transfersbetweenfunds - - -
NETMOVEMENTINFUNDS
(287,712)
{38,298)
(326,010)
ReconciliationofFunds:
TotalFundsBroughtForward(1April) 1,521,392 78,583 1,599,975
TotalFundsCarriedForward(31March)
1,233,680
40,285
1,273,965