REGISTERILD CHARITY NUMBER: 292375 Reportof the Tius*es and Fiiiallcial Stalemcnts Foi The Year Ended 31st Dccenibei. 2024 for The Oliver fishei. Special Cair IlabyTIwi
The OliveT Fi51i¢r Special CaTe BabyTrusi Conlenls ofihe b&iJaiitial Si¥lcJn¢nls roi. Tlie Yeai. Ended 31st J)cceJnber 2024 Page Rci)Drt ofilie Tj'usle Independent i%1ne1 S Repojt StulenientofFinan¢ial Activitie8 BalRiice Slie¢¢ Note8 to t1 Fii)allciHI Sialeincnts 8 to 14 Detailed Siniemeiit of fiiiaiicial Acliviiies
The Oliver Fig]iei" Special C2iE B4byTwsl Relrt of Ili¢ Ti'u8lees ForTlie Year fnded 3151 t)cccmbcr 2024 e uu%iees pi%seni dieti. r¢poJ'i willi te rtnan¢iÈl siat•neiJis ofihe ¢IrilY for tile y. ended 31si De¢eJiIb. 2024. The Irii.8lees have adopted tlie provisions of Accouiiling and RewK#ing by Cliarilie$'. 8ial¢i)ienl of Recaiiiiiiended Piwclice Applicable lo elitti-ilies pP81-in$ Ilieir a¢¢ounl$ lrt A¢¢oidaJ¢e wi1 the financial RepKJrting Sland•i'd ipplic8bl¢ in Ihc UK aijd RUbliC of (FRS 1021 l¢ffcclive l January 20191. OBJECTIVKS AND AC'I'IVI'I'IVS Oblecllves olms Tli¢ ¢lilli'ily is a1blis17td 10 provide #iid InHiiitain ni¢dical equipiNent, As suppl¢ments¥y 10 Ilie s¢i'viee of Ilie Mcdivay NHS Fnundatiaii Tiiisi, for Ilic Ii'cfjliiietil of babies needLII8 illtensive snd 81]ecial care, in pa11iculoi', bui not exclusively roi., babi¢$ in Ilie cui'e of thc Olivei. Fi%her Ne(Jnatsl Uijit. Thecli*Yity'S policics for acliicviiig Ilicsc objcclive5 are as follows.. the clilliity aims lo J?isc4war¢neB8 of tlic woi'k of Ili¢ cliayity ie cliwily cooiyiinales fiJndr2i%in8 aclivili¢s lo nise ndS in urder to adiieve its objeLlives Ilic cliarity negotior¢8 with th¢ M¢dwAy NFIS fouiidaiiott Tru$t to ¢nsuir th¢ 8( pwibl¢ iitili38tion of Ihc fund8 available 'riic n)ajoi' oiin ofilie (.'onimittcc ofilie'fNst is lo eiicoiiragc lllid ciiablc oilicrs Io I'ui5C iiioiiic% oil bclialt. ofihc Nconatal Unit wliilsi publici%in8 Ilie ubjc¢i4 of Ihc cliorily. Tliis ]% &dii¢vrd dtyou¥li ensuring Ili&l 911 fundiÈisinB evenis g¢t I'olc of 0uroneirt-11I7ie paid ejiiployee. Oui Lules were anRnded in SepleiThbEr 2015, iii agreenicnl witli the Chaiity Commis8ioJJ. alth1 Iliere has no ¢liaii¥e iii Ilie¥¢ Iiolicies Ilic Inaiii vbjcGliv¢$ of Illc rliRrily GOlllinu¢ 10 be lh¢ 8UPPOrt of the Oliver Fishe¥ NeoD&t&l Unil willi tlie caie of babies wlio reqiiii'e special care in lis widosl foii?i. Puljllc benellt Tlic Ii'Lislce8 havc coniplicd witli Ilic dLily in Scctioji 4 (?f Ihc Cliai'ilics Act 2011 lo liave duc Tculll'd lo guidance published by Ili¢ Chai'ity Commis$iDn, iii¢llldiD8 piibli¢ benefil 8UtdAnce. Aclllll VTr:Ml,:N'I'.% AND pr.RTrORMANCL Duyitig Ilie 2024 ciilcndar yeai. the Oliver Fisher Special CDre Iljby TIu81 {OFSCIITI trusiees, coinmiltee membeTh and fund rn155 liwvc cojilinucd to ivork 10 loisc funds foj. tlic ofdic b4bic5 oli dic Nconatyl Unil. In 2024. Ihc unit adjiiittcd 1.189 babic% and liad 9.020 clinical aciivity days. In addilian lo liigh clinicHI aclsvily. Ilie unil O$L4 8nd iuits Ihr K¢ni Neoiiaial Tixrtsptsil Servi¢0 and roijlinues lo prti'ii¢iplll¢ in clini¢81 ¥Dv&Man¢e, ¢duraiion Iiiiiiiiig aiid rcscaieli aclivilics, In planning our aclivilics for Ilic ycai., wc wcre niindtul of tlie Cliarity eoniiiii58ion's 8uid211et on public bejiefjt. Fuiidi'llislthg 8ctlvitl DoiiAtlons 111 2024, Ilie OFSCBT IrLcivcd total iiicoine of £205,852 atld would likc to tskc thc opportut)ity to t1 all dJ05e who ¥uppurl Ilie Tivsl willi bDilI laig¢ and sniall donatioiJ¥ U)¢y arc viially iniyoitani. PA8e I
TheOlivei'Fisher Special Ct BHbyTTU51 Reporl ofthe'fiwsiees Foi'The Yeai. Endtd 3151 December 2024 ACIIIEVEMENT.8 ANI) P[?RFORMANCE .qulpnieiit Tlic Uiiil appr02tlied die OF'SCBT and Iheclifjrily fuiid¢d Ilic followiiig ileins.. Medical Equipiheiil -Cerehiil functioning Moiiiiors -V8poiliem)5 £46,066.(MJ £63,518.00 PfiLtrtii Roon15 -Fuiniliiie,'fAble, Chaiiy ond Sofa) £4.829.90 MedlcAI.8tAffiR NiTie Ncoiiatal C'onsiilianl8 ¢onliniie lo dclivcr a nioi'e consulmnt delivatd servic¢ across ull ¢liDi¢ul area5 iiieliidiiig a 7 day 12 IIUUTS un-%ilc coJi%ul¢aiit cover iji ll¢¢ordan¢¢ iviili GlllbT aiid BAPM btsi piHclice ifLoiiiiiiendaiions. There Are two coiisullaiiix un-¢ull froin Mi)nday lo I'ridAyi Ort¢ ¢ov¢Js t1 iiilcnsive cait ai'¢u only Had uije covers Ihe lii8h d¢pendciicyi 51)ecial care, IL'BnsilionÈl ¢or¢, delivciy ul1C and the tsuii8POrt team. Cliiiical C?ovcrnAiice And Pali¢nl SAfety a¢iivity IA lcd by T)r Bkke and Dr Cjbiiiigie leads on fsmily iniewicd care. Di. Mcl-IiY)y lesds on Newlioiii8 scirciiing aild also on ili¢ KS8 MatNeo Sxfcly liiipioveiiia)I PIDgiTriiime. 'fiie N¢onots1 Traiiyporl Sei'viLe for Ketii led by l)r P4ltn4yAk coJiliiiii¢% lo l)usy. Di. Skiiiiier leads 00 Mcdi¢HI Woi'kforce. Dr 8ftsliikumoi' 1$ Cullcgc lul<Trr lliid Also Icftds oli netsiiailll dala. Di. BliojiiAuoiivAIA is Ilie %pccsality T.eAd rtd Itnd8 on uiiit $eiviee Im7)genIenI. Di. Raia<knn 15 Ihc iiicdicol diiwloi. foj, Ilic cliildTcn aiid youn8 peopl¢ divi¥ion. l am Ilie le foi. Neonatal Rests111. The A880¢iaie Spccialisls Dr Kulka11 leadi 00 IAu¢iiioTr Bnd thYinin8, Di, Fedeles leads otl Clinical Audit attd Di. Mdidc leads on Gvid¢lin¢ d¢velopJncni. Nui'ilii% Staft. AX iii iircvious years efforfs. lo intrellse Ntsrsing slaff continues as A m2jor prinTity. We liave %uecessfully rc¢rJiied Io Rll eslablislhed by Ilic Ljid of Ilic ycar. All iicwly tEcruiie<l nurses ale supporled willi irniiiinB lo ¢iiible Ilieni lo underl&l(c Ili¢ $i)lA1181 coursc, allowin8 u$ 10 reach the goal of liaviiig 70% oftlie nuiBing workfoirc qualificd in Iliis speci4lity. Tile TC5cllrcli iiurses conliiiue Iv allvw nurs¢5 to be supporled in ¢ttrryi118 Out soitte of I1 inany r¢seJr¢Ji J)I'OjC¢l8 Ilial are ongoing on Ilie uiiil. 'fiic cducatai% coniinue In cn.qiirc 11101 wc nrc al)Ic to iecniii IkiEei' niiiiibcis of newly qualified nui'8C8 and safely tr8in ind.4up¢rvisc Ihcni. 80 that Iliey £onlinu¢ to i)I'ovidc tlic liigh 81andaiYls ol'¢riTC Ihal ivc cxpccl. rilNANCIAL RiI,VIEW PrlnclpRI fun¢llng soui'cr8 1¢ liN'S iiicuiiic Iliis ye8r WAS £189.593, of whicli £135.847 e8m¢ from donotion%. penSC in iiinning tlic Trust CaEnc lo £44,546 tsr 23°A of Ihc fUlS raiscd, being £33,975 for Ilie c0-ol11)a1or. £7,387 for piiblicity aiid fiiiidifftising ¢xpcn5e3 and £3,184 foradniinistrAtiv¢ expen5¢8. As rti I Isl Ilccciiibci. 2024, Ilie lalal flind5 foi- Ilic cliai'ily iycre £957,201 of ivliicli £241,400 WAS conimiltcd to VHTIOIIS projccls lls desigiittied fviids, and £120 was irslrictcd l)y the dtsnnrs. Willi Ilic Neonatal Uiiit ftYO¢iiriDt in the sDulli Cast of Lngland undcr rcview. dis¢ussioii% rtrc ongoiiig foj. addilioiial plJectS wliirli will ulilisc further fun(L% aiid wlien coii)niillcd, Ivill involvc fw'ili¢r ILXnSfe to dcsi¥nated fullds from 8Ctieial futt(Is. liivestmtnt pollcy Aiid objectlves i accoiylaiicc wilh th¢ Iivsl dccd, tiic knu51co% have the pow¢i' lo inve81 any nionics not qUired foi. Il)C iiiullcdiatc piiry)oses of the Triist in Ilie fornis of investn*nt whi¢li Tiwl iiwney niay, by Idw. b¢ inV¢ed with powei. fiojii lii))¢ to tiille lo tt'ansposc sucli iiivesiih¢nts. Page 2
Theolivei. FisherSellI C8iE B&byTrtl Repoi'l of tjie'l'lleeS Foi'The Yeai. Etided 315t Dcccinber 2024 FINANCIAL REVIEW Reseiyes polley Tli¢ Uusiees lJav¢ cxaiiiirted Ilie iequiienicnl for f¢ $¢i¢S whicji ale lIse uiire%lricled funds nol iiivesied IJJ fjxcd assets desigiialed foi. specific piiipo5¢5 01. oilieTwise coiiiitiilted. %ince IIK Injstees n12y be c811ed iipon al aiiy lii)ie to providc lo meet ui'8ent iequesis foi. new equii)iii¢nl. Ilie Iwstcc% wnsidei. il ijnpoitsiit to maiiitain fi'¢e Yescrve% at Icvcl ilial pitsvides fiinds for sucli i)uiiJtsse$, In a¢¢ordLIUL ivilli in081 c]iai'ilics. Ilie Iwslces Ilso cr)nsidei il ijrudenl iiiaiiilaiii $ufficicnl fi)nd4 10 cover obligatioiis willi regard to iiiaiiRgciii¢Dt and Adtiiijiistsylion cost% alld fuiidieisiii8 ai i?ublT¢iIy ¢0S18. U'I'IIRI,: I>X.ANS Tlie Ttiisl is lookitig fonvai'd to llnotlier piudu¢live year i?iSi118 funth to iinprove the ¢ar¢ of bBbte8 1(x)ked aftei. on Ili¢ Olivci. li51ier Ncoiial Unil, My Ilihtiks 80 lo Ilic 01,'SCIIT Coininillcc foi all ils Ird woi'k, lo evcryvn¢ wlits lielped u$ la i11n1&117 iiicoiiit lai. Ihe'lrust wliicli ¢ollblc% 10 do Ilie woik wc do loddy and 011 tlioge pcoi)le iii K£iil and fui'ili¢i' afield ivlio liuve help¢d by J&isin8 iiioney toi. lis dui'ing tlie last ycar. STRUCI'URF,, Govlb RNANCI,; AND MANAGCMF.NT I'lle cliai'ity 1$ COlllioll¢d by its 8oveming docunicnl., a deed of tru$1 and conslitules ali unli1cl30iJIed ¢h81'iLy. I'hc elirItY wa% tswbli$li¢d by Ilie 'friisl tked dnled 7th (ktabei. 1985, onictided iii netobtsr 1996, S¢pteiiib¢i' 2012, S¢pi¢illbcr 2015 aiid iii Novcmbcr 2021.'fii¢ ¢liaiity is ie8isleLYd by Iliecliai'ily C.oiiiiiii$.%ioii. Ref rultitteiit And ppoln¢ment of new ti'uitees 'I'lic C'thiiiiiiiiice COTL%i818 of Iiii%lcc5 aiid fundr¥isiii& Incinbci'%. -flic C'.oniiiiiit will 114ve nu less tlian fivc Rnd no more IAII Iwclvc tyuslc¢%. Tlie CuinmillL'C iiiay clLYl aiiy Conii)iiii¢e ni¢iiiber 10 be M liiislcc, lo fjll aiiy v2¢Hii¢y. hold 01¢¢ nlil tlie ncxl Aiiniial Gciicral Mccliiig, A iicw Coiiii)iittec of Inislecs iYiII k rl¢¢i¢d It ali Aiiiiual (icncrdl McLtiiig or tlic'frust aTbd Tc¢ii'in8 Irusi¢es can be re-eleLled iii accord&nee wilh tli¢ 1. I'lJc'l'i'u%i (.'oniniiiiee iiieets six tinic8 a ye&i', Coii$id¢i% 811 fulure aclivilies for fuiidrni%ith8 ev¢nls. T1 events are u5ulllly rllii by a %ul)-groiti) uf Ilic CoiDiiiitie¢ 4111d overieLn by the Conuiiillce. 'fii¢ Cvi)kniiiiiee aisu review the bid$ for funds to purc11&8c cqiiipin¢ni ond Support for Ilic Neonathl Unil. Tile Trusl Wjlliiiues 10 opeL)IIC H ljui'cly voliini8iy b8$i8 willi Ille exeeplioij of Ilic PubliGily & Fuiidi'4i&ing Co-Qi'dinalor who for tlic yeai. 2024 cost Ihc Trust £33.974 in salaiy alid PClL%iOii cosls. Thc Coiiiiiiillcc pi'lTi¢ipally co-oidinatcs oili¢i' voluiil¢ei& in fundi'ai5in8 und plllns And niana8es tliirc or f1r piiblicilylftindii8ing¢venls e8cli ye&i'. Inductloii and ti'aliilng Dfnew ti'ts$letA Thc iiiajoiily of iiew $t¢eS inilially join tlie Coiiil1tt¢t a% fiJiidittiing membcr8. Oiiee ilicy 8tY faimililli. willi lliid wid¢Niartd Ili¢ workitig¥ of Ilie Coii)It)i1lee aiid die Tiusl ld are williiig lu ¥onimii IlLLiiix¢lv¢s lo Ilic fuitlier ie8pon5ibility, Iliey cAn pui Ilieni8clvc% foiivaid lo bc clccied 0$ Iniqiee8. Tlie iiiajoi'ity of nav fiindiaising nieiiibci's are drAWI fi'oni i)orents and ielaliv&% of babics c8iEd foi. on Ihc Unii. Thc Neonatal Uiiit %14ff Ire veiy 8upporiivc. -fii¢r¢ 1$ Ihtsre ig A ijllck ol infonnnlioii and liler&iuv¢ li'oiii Ilic Cliai'iiy coiiiiiiiioll iiiadc Ayaildble 10 Ilieiii in oi'dcr foi. tlicm io Wldei. netwoi'k The 'l'iii.4t continucs lo work closcly witli Ihe Mcdway NHS Fouiidalioii Thist lo wlioiii 411 Cquil)In7t, which i¥5 prdSe foi. use oli Ihc Neollal Unil. 15 donated. All eqLiipJiient wliid) is to be pur¢hased is iiiiiimlly bid foi. on IlJ¢ Medway NIIS FviindBliun Tiusi cqiiii)iiictil pi'oci)Irincnt Pl-n8idintne. Only wlien fiitids froiii Ilie Nl 1.8 Jiol avnilablc is eqiiipii*nt piirchascd by tlie 'l'ivst oi. ptsirliascd in conjiinclion wilh Ilic M¢dway NHS Fouiidalioii Tn15t and tlicii doJJalcd lo Ilie Mcdway NHS Feuiidalion T%1 for niaiJitcnan¢¢ and replacement purposes. 'fh¢ Olivei" Fi51ier Spccial CHre Baby Trusi lias iio rc8poiisibility for Ilic on8¢ing running costs, maiii¢coanc¢ or fH)laeemcnt for any eqUIp1t donalcd lo thc NcoiialBI Unit. Pag¢ 3
The Olive]. Fither Special CaT¢ BabyTrust Ileijoil ofilie Trustees For Tlie Ycar Ended 31st December 2024 REf4ERENCC AND ADMINISTRATIVI. DLTAIts Ii¢xi5tered Cligrlty iiuijiber 292375 PrliLelpal aildress Medwsy Marilune Hosiiital Windinill RoAd Kent ME76AE Trllsi¢e8 Di. A See Cllmiriiion D Liddiaid Vice ChaiiiNn (i Lawiriiic I r¢asurer Dr 8 Palliiaysk Tixisiee Ms S Shoit Tiii.%lee Ms 111)illon Tnislcc Mr% A M l>cni'.8oN Tiu$l¢¢ A l." Lawirnee-ffilec M.% O G LRwience I'iu%lcc 8 J C18¥ke Truske Iiideptiid¢nt ExAmlner 11()NHld l?I'ict fcA IIcEik K¢innienoe CJiaTleird AccounlI¢s 1-3 Msnur Road Ch4ihuiii Keiii MfA 6AE Approved by orderof Ilje buArd of1rn8lccs LIJ).... &nd sigrted oil it8 beli8ifby'. DJ, A Soe- Triisl Page 4
Trtdeijendenl Fxainittcr's RepDit lo ille TTUStec$ or The Olivcr Pi%liei" Speeial Care BabyTiiist Independent eyAmlner's reiyorl to the li'iisteu of I'h¢Ollv¢r Flsher Spe¢lal Care BabyTJws¢ I rq)nit Iv tli¢ cliarily Iiiislees iny ex&iiiiiiilioyJ of Ilit al1111$ of Tlic Oliver Fisliei. Spccial Cale BabyTiwi (Ilie Tjijst) for the 41'ended 31st Deeenibci'2024. Respoiis5bllilles and basls ofi'¢port As the cliarily lisiteS of Ilic Tiust you arc r&spoiisible for Ilie preparatioii of the accounts in acco14Ce witli the ttquiienients of IlicCliai'itie$ Acl 2011 {'Ilie A¢t). I r¢port in iispeci of my cx4iniiial¢oii ofilie Tnjsi's accounts C&iTied out uiidci. Setlioii 145 of the Act aiid iii c81rying oiit Iny exaininalion I liave folloived applicable Dirccli0Ths giveth by tli¢ ChAI'ily Comn)issioii under S¢eiir>n 14515llbl of Indeptiidtiit tximlntl. X Alrttemeiit I Iii)ve coJiii)leicd iny exaiiiiiialion. I confirm Ihat no inalciial litt¢r5 hllvc eoit)¢ to Iny alletjlion in coiincction willi 11 exaiiiinalion givinu inc ¢au8¢ 10 believe tliat in aT)y nialci'ial re$pe¢i'. accuunlillu Ircoi'ds w¢r¢ not kepi iii LY8p¢cI of Ilic Trusi a$ irquir¢d by Scclioii 130 of Ihe A¢i', or Ihe aecoiinis de noi accoiyl willi Iliose r¢¢ords', oi. the accounts do coivply willi Ihe ai)plicable requireiiieiiLs ¢Dnc¢niiiig lh¢ find coiitcnl of a¢¢i)unts %cl out I hav¢ no ¢on¢¢in8 and liavc cojnc lleJD¥s no ol]I¢i' ttlXlla3 in coniicclion with Ilic ¢x21niiJ&lSOli to wliich altcnlion sliould be drawn ii) Iliis wort in Oler lo ¢i)&bl¢ a proper undersiafKiin8 ofih¢ scteunu to be reaclied. Ro]14ld 1¢¢ rcA Beak Kcmmcnoe Cliortei'cd Accoiinlants I-J MHIioL' Rood C.li&ih8ni Kciit MIA OALI DHt¢'. Page 5
The Olivei'Fisli¢r Speeial C&iE B8byl'Lu81 Stsiejnenl of Trinaticial A¢iivilie5 Foi'TI)e Year F.nded 31st Dcceinber 2024 2024 2023 I'otal ruJJds Re&tricted fiujds fiJJMl9 fuiids Noies INCOML AND ENDOWMCNTS FROM Don21ioris and legacies 135.847 135,847 130.883 Oili¢i' liiding Hctiviiie8 Invcstjnenl in¢om¢ 13.717 40,029 13,717 40.029 5.110 36.896 Tolal 189,593 189,593 172.897 I XPV.NDITURE ON 67,757 67.757 48.238 105,030 120.941 60,179 Total 172,787 188,698 108,417 NET tNCOMTrJIF.XPI.NDITUREI 16,806 895 64,480 Rfi CONCII.IATION ()F TrUNDS 940,275 16,031 956,306 891,826 TOTAI, FUNDS CARRIV.D FORWARD 957,081 120 957.201 956,306 Tlic notcs fomi part of diese fJnRiicial 51alcinents
ThcOlivei'FislJer Si)CClAI BabyTtust Balance Shc¢l 3 Isl tkcenil)ei' 2024 2024 2023 Nolcs FIXED ASSkTS Tall8iblc assets 10 2,510 1.906 cuItRENT ASSETS Stock8 t)¢btOTS li al bank and in liand 16.242 8.040 940.790 12.982 4,223 941.874 12 965,072 959,079 CREDITORS Aniouiits falliiig due wiihill one year 13 {4.679) NET CURRfi,NT Assfi.TS 954,091 954.400 'I'()'I'AI, A.S%I," . I'S I,II,SS CUIIRli NT LIABILI'ri£s 957,201 956,306 NF,T ASSETS 957,201 956,306 FUNDS Is 957,081 940,275 16,031 lie$itictcd fuiid8 TOTAL blJNDS 957,201 956,306 Tli¢ fiiiÈT1¢121 siiiemcnls weK #ppA)ved by Ihe Boold uf Tru$kes and auilioi'i¥ed for i55ue 3iid wcre si8ned oil ils bclinlf by.. on Asoe. Xl¢¢ wrciice-I'Iu51ce Tlie noles fomi p8rt of Ille fJttanci81 Statnellts Page 7
The Oliver Fisher Speci21 CÈTe BabyTrust No1¢5 to I1 Filil¢la1 Sle¢11ts FoTTlie Yr ETidtd 31st Deceniber 2024 ACCOUNTING POLICIRS Jlsl$ of prepAI'ln% thc flnaiic5al ytotemeiits Tlic fiiiaTicial stslwticn of Ihe cliarity. wliich 1$ a piiblic hencfii entity under FRS 102, have been prepilred in llccordanLe witli Ilie Chai'ilies SORP {trRS 1021 'Att'ounling and Rcs)oiting by Cliaiilies.. .8ialcillent of ReLuJiiinciided PIYciic¢ applicablc lo Ljikiiltts piei)aring Ilicii. a¢counls in 8ccordiiiL¢ will) I1 Fiii&tiiciHI RCI111nÉ standa1 ai)plicable iii lh¢ IJK aiid Rei)ublic of Iieland IFR8 1021 Icffcctive l Jaiiuary 20191.. FinaiiciAI Il¢i)orting St4ndaid 102 'The Fiolln¢ial l<ei)orting Siandaiyl ai?i)li¢Hble iii 1C UK and Rq)ublie of FSniiclAI repoi'lliig stalld8rd 102- redu¢ed dl8tlosur¢ exeinp¢loi)8 perinitled by I".RS 102'1'lic fiiiaiiciol Repoiling Stsiidaid bppli¢ablc iii Ilie UK and Il¢i)ul)lic of IiilÈnd': the iwuirenients of Se¢lion 7 Sthicnient ofC8811 Flow%. Incomo All iiicoiiie is IreogniKd in Ilie StAl¢ihent of finAiicixl Aciivilics oiicc Ihc chai'ity hns ciiliilen)eiii lo ilie fund5, il 18 probable ihgt the incoin¢ w511 be Teceiv¢d and the amouiil can b¢ meH$uird rcliably. Expeiidlluie Liabilities ar¢ recogiiiscd 8$ expciidittire A8 8non r¢ Ilieir is a lesol or eoD51iiictive obligtsiion coiiiinilling Ili¢ ¢Jiai'ily lo Ilial txi)Ln(lilurc, il i& probabl¢ Ilial a 114Liisfer of ¢£unDinic beiiefi18 will bc rcquircd iti xciilcinbiil and Ilie Ainoiinl ()r Ilic ohligaii()ii cHii bc inciiyurcd rcli8bly. I".xpcndilui'e 1% B¢¢oiintcd foi. on 811 aCLI'uul% iFa%is and 11¥4 b¢¢ii Cls81r1ed Iindci. hcadings Ihat ttggJrg4le 11 cost rclaicd io Ilie caiegoiy. Wlicre c081s coniiol directly allribuied 10 particul he8diJ8s diey liave be¢n 8llo¢ai¢d to Aclivili¢s on a basis consisieni willi die iise of r¢soiiYce%. T•n%lble llxed Isitti D¢piLLia¢ion is piovided ai Ilic followin8 amiual I&lcs in order to writc off cacli 888ei ovcr ils e8lii)illlol u8eful 33°/o on rcdiicing bA14nc¢ iiiidraisiiigequii)Inent Stock Stock is slalcd ai th¢ low¢i' of cos1 and net iroli5Jblc valuc. CTh$i is d¢ici'iniiied on A firNI.iii, fil-Out basis. Net rcalisable VAIu¢ is bHsed on esliiiiod selllng pricts l¢ss any fviihej'costs of allation. Tax411(b Thc cliThi'ity is exempt fiymn 18x on 11$ ¢harilableactivities. Fund uctoiinllfig Uttirsli'iclcd inconie thnd5 COiiiproiiii8e 8¢fiiThulalcd surpluses and dcfjcits on 8thieixl fund5. They ar¢ Available foruse ai the discretion of I[ Ir1151¢e5 in ful1'alle¢ of thr gen1 charitAble objeclivcs. t81lated fiiiid5 aiE unrestvic¢td fund5 wliich 113ve been HIIocRled foi. a desigrtAl¢d puip)se At ¢li¢ di5crelion of Ili¢ Iruslees. Rc51ricted flind8 AYC fiiiid5 wliicli are siibjc¢t lo specifjc cojidition5 imposed by the donoi. or wheii ndS arc raised for parttculai. resiricled puii)oscs. Ptnsion costs and otljer post-relireinent beneflts Tlic cli'1ty operalcs a defined conli'ibiilioii i)cnsiotJ stjiemc. Conliibulion$ poy8ble to ih¢ elwity5 slOt) &dieie alI7&t 10 Ili¢ Sialcmcni of Fin8nci&l Aclivilies in the p¢tiod lo wliicl) Iliey IEiAIe. Page 8 ¢Ili]jUed...
The Olivei. Fi8lier Special Cal'e BabyTru8t Notes io the ll>alicial Si&leiiienls ttllued rol'TI Yeai" Ended 31st DeceJiibei'2024 OTHER TRADING AcfiviTILS 2024 2023 MiscellHncous incoTne 13,717 5,116 INVESTMEN'f INC.aM£ 2024 2023 Inleiisi receivtsble 40,029 36,896 RAISINC. FUNDS R181112 donllons ind leg*tles 2024 2023 Siaff co$18 Pul?licity and ttiiidiAi8ingexi)e118e PI'iiiiiiiEii iSlE8c llnd &¢AlioneLy Fees Riid 5ub%crii)tioiis 'rrAvLIIitt8 expenses 33.975 7,387 559 30,184 2,434 505 1,440 109 l.Q99 12,063 249 IOJ23 SupJx)It COSL8 56,609 45,161 C14ARITABLf ACI'JVITIES Cth%TS DiTC¢i C03ts Is Iiolc 61 ChAI'ilAblc acliviiies 120,941 DIRF,CT COS'I'S ofi CHARITABI.E AcfiiqTILq 2024 2023 P8i¢nis doy rooiiJ PailS Aineniiies costs Llercavemenl c051s Mcdiclll c4illpliieiit pLircli8ed Br¢8%1 lecding iuoni Urhil geticrul equipmeni 4.830 1.842 2,700 109,584 1,712 273 47.829 444 11.540 120.941 60.179 Page contiijued...
Thc Oliver Fis]ier Spwial Cait BabyTnJsl Notes lo Ilje Finaiici21 SiaieiDeiirs- contillutd Foi'Tht Ye. ded 318t December 2024 SUPPORT COSTS Govein8tJce Managenwit Totals Rtsisiiig donations and le881ies 9.121 2,942 12,063 TRUSTEES, RCI MUNERAI'ION AND BI4NF,filTS No Ini%t¢es, nor any pci.so1 coiiiiteicd willi Iheiii, lifjA received Dr 18 duc lo re¢eive any Iriiiwieralion for the iod. diiiclly or JiNi1cyI from Ilie cb8rily'$ fuTids. Trustees expenaei No IN$lces' wuc reiillbui%ed foi, tillv¢lling cxwises durin8 die ycHr, or iii the previous )wr. COMPARATIV IPOR fHK STATCI MENT OF FINANCIAI. AcfiviTIE8 Uiiirslricled fiinds 41ricied 'rolal fiinds INCOME AND LNDOWMENTS FIIOM Doniiioii8 and le8&CIts 130,885 130,885 Oilier IiHding &elivili¢s Invesimertl inconK 5,116 36.896 -36,896 Tot81 172,897 172.897 Expfi.NDITURE ON 48,238 48,238 Clthrii#blc activitie5 60.179 60.179 Tot#1 108.417 108,417 NET INCOME 64.480 64,480 RF.CONCILIATION OF FUNDS Total rtind5 brouglit foiTrVi'd 875.795 16,031 891,820 TOTAL FUNDS CARIIILD fiORWARD 940275 16.031 95C),-306 Page 10 eontsllucd...
Thc Oliver Fisher Special ca BttbyTrthgl Notes 10 the financial Slaiemenis- cojitinbed Fai. I'lieY¢ai' Eiidcd 315t Dc£cinbcr 2024 io. TANC.IBLLr riIXCI D A$8KTS Offic¢ equipiiiettl Fwith'ttising equipiiieiiÉ Totals COST Ai Isl JanuHry 2024 Addiiiojis 844 1,703 2.612 3.456 1,703 Ai 3181 Dxtynb¢r 2024 2.547 2,612 5,159 DCPRCICIATION Al IstJaiiu&ry 2024 Cli•%¢ ltii. yea¥ 655 631 895 408 1,550 1,099 At 3 Isl Dccciiikr 2024 1,286 l J63 2,049 NF,T BOOK V ALUL At31st DeLeJiTrb¢i' 2024 1261 1.249 2,510 At 31st Deeembei'2023 189 1,906 81'OCKS 2024 2U23 Goods for rexo1¢ StO1ioii¢ry 16,142 loo 12,882 16,242 12,982 12, DbfiTOK8; AMOUNiS fiALLING DUE WITIIIN ONE YEAR 2024 2023 Other debioi% lliid prepayinents 8,040 4,223 Page 11 contillued...
The Olivtt FislieT Special Care B2byTrust Noles lo tlie Firtatiittl Sialeinenis- continued Foi. Tli¢ YearEndcd 31st D¢ccinber 2024 13. CREDITORS: AMOUNTS FALLING DUE wI'fHIN ONE YEP AR 2024 2023 Social 8ecuI?ty oiher tsxes Ac¢ru•ls 1,564 3.115 8.865 10,381 4,679 14. ANALYSIS OTr NET ASSETS BBTWEEN FUNDS 2024 Totsl 2023 TotsLI Urtir511'Lcled ind8 R¢strickd fimd5 rixed asseis CuTrelll usscts 2.510 964.951 2,510 965,072 1,906 959,()79 14,6791 957,081 120 957.201 956.306 15, MOVFMTr.NT IN VUNDS Net moveincnl in fund5 Ai 31.12.24 At 1.1.24 Unreslrltled funds 718,275 222.000 {2,5941 19,400 715,681 241,400 De%igiiatcd 940.275 16.806 957,081 Pare1118' Dlly Rooiii Par¢Tlls bedr111 rethi'bi$liTllCllt nd Wheel N¢vcrTy 120 15,QOU (15,0() 120 'roTAL FUNDS 956,306 895 957.201 Pw12 continued...
The Oliver Fishw Siiecial Care BabyTn)st Notes lo Ihe TriD8n¢i&l Sialem¢ii15-coJilinueii For Tli¢ Year Cnded 3181 Dtcctnber 2024 15. MOVEMENI- IN FIJNDS- colit1Med Nct inovcjnenl in fiinds, iijcliidcd iii Ilie above Bregs follo.. Inconiing resoDI'tes Resources ¢xpeiid¢d Movciiient in fuiids Uiii'osti'ltted fund5 162.693 26.9(N) (165,287) 17,500) (1594) 19.400 DcsignAled 189J93 1172.7871 16,806 Re8ti'ltiod futhd$ Parciil%' l)ay Rooni Whccl Nevcrl'yrc lis.oooi 11S.0(X)J TIYI'AI, fiUNDS 189,593 {188,698) 895 Coiiiporallyu foi. movcnient In Iiinili Ncl Al 31.12.23 At 1.1.23 iii ndS Uni'e51rlcled funds fjcneiil lund Dcsigiialcd 673,795 202,1)00 44.480 20.IX)O 718,275 222.IX)O 875,795 04,480 940,275 R¢sti'lr¢ed funds PaiLllI.%' Dtsy Il<)niii Pai'cnli bcdrooiii I'cfurbislimcnt fLil Wheel N¢v¢J' Tyi 120 15.000 120 15,QOO 16,031 16.031 TO'I'AI. FUNDS 891.826 64.480 956,306 Coiiipgt•tiv¢ llet niovemenl in fuTJd8, iIJcludcd in Ihc above aiE os followK.' Incoming Icsoiiires Rcsourccs expended Movement irt fiirtds Unrtslt4ft¢d fund$ 152.897 20,000 {108,4171 44,480 20,000 Desiwiatsd 172,897 1108,417) 64,480 TOTAL FUNDS 172.897 1108,417) 64,480 Page 13 conlinlled..
The Oliv•. Fisher Special Cair llabyTnt Noies lo Ilie Fi]Jartci81 Sialeinents-coniinutit rioi'TI)e Year knded 3181 Deceiiibcr 2024 16. Ilfl.ATED PARTY DISCL(kSURES There ivere iio Iruslees, reiiiiburscd cxpenscs foi'tlie ye&r endcd 31 Decembei. 2024. 17. COST OF INDLPF.NDENT EXAMINATION AND OTHER PRofE.SSIONAI. SVRVICBS The aniouiits payable to Ihc IndepertdeJi¢ ex4niinei.wcre as followB'. 2024 2023 Cost5 ofcxlernal sciiiiiny COS vf&LcounianLy al 0111tt8eJvi¢e8 2300 295 2300 295 Page 14
The Oliver FisliLa' Spccial Care BabyTrnsl Delled StellieI vfFinonGilll Aclivilies I,or I'lie Year I iidcd 3151 December 2024 2024 Total funds 2023 Totsl runds Unrc811icled fulS Rcstricled funds INCOME AND ENDOWMLNI'S Donation$ Gift llid Fundixisin8 evenL8 108.874 14.233 12,740 108,874 14,233 12,740 118.610 7,321 4,954 135,847 115,847 I3085 Otli¢r tradlnR #cllvltlts Miscellan¢ou8 incoin¢ 13,717 13,717 lJiierL'sl rectivAble 40.029 40.029 J6.896 TDlal Intomlk¥ rosouY¢t$ 189.593 1¥9,593 172,897 EXPW.NDITURE RAl8liiK dtshallon¥ ind leKA¢I¢i Wllgjcs P¢tk%toii$ l)ublicity and fundixisinu expenses 33,167 808 7,387 559 1,417 33.167 808 7,387 5S9 29.674 510 2.434 5a5 1,440 26 rccs atld 8ubsci'ii)tion8 'rrnv¢llin8 ¢xiicn5CS 109 631 468 631 468 Lonipulcr cqiiii)nicnt 155 44,546 44,546 34,838 Other trAdliig actlvltlcs 12,982 14,41>8 116,242) 12,982 14,408 {16,242) 2,407 13,652 112,9821 14ir¢hL¥ts Closing 51ock J,077 ClIArftsble Rttlvltle l)ai-ciil% day rooin Paren18 llinenilies costs t3¢rcavcniclll c0515 Medical equipiiieiit purchllyed Bira81 fecdillg rooni Cmri'icd 3,919 1,842 2,700 94,584 1,712 104,757 4,830 1,842 2,70 109,584 1,712 120,668 15,000 47,829 444 48,639 This pag¢ doe5 not foiin pwtofthc slalutory fJnanci#l statements Pa8e 15
The Olivei. Fisher S181 C8Ye BbYTrl DelRil¢d Sialeliil of FiJJanLiaJ Aclivilies roi. Ilie Yeai'Ended 31%t Dcccjiibcr 2024 2024 Total 2023 UIvcs11'ictcd fuiids Re81iicted funds runds ClIAI'lfablt itllvlll Llrouglil foiivard Uiiil ¥eiieral equipiiicni 104,757 273 120,068 273 48.639 11,540 105,OJO 15,911 120.941 60,179 Suppoi'l costs Mthiiagtiiictht StoragTre facilities 7,461 1,038 327 295 7,461 1.038 327 295 J.246 1,269 660 295 A¢counlancy fees 9,121 9,121 5.470 Covei'nAiiee eo$t$ Sundi'ics It)deJ)enderbl 411}1¢1.8, fees 642 2,300 642 2.300 2.553 2,3Th) 2.942 2.942 4,853 Total irsources exi7clldcd 172,787 1811,098 108,417 Nel Incoiiie 16,806 895 64,480 This page does not foim p* of tli¢ s18tutY fJnanciBI 51gl¢M¢nls P&Ee 16