CHARITY REGISTrATION NUMBER: 103911 Northern Ireland's Children to Lapland and Days to RememberTrust Unaudited Financial Statements 31 December2023
Northern Ireland's Children to Lapland and Days to Remember Trust Financlal Statements Year ended 31 December 2023 Pages 3to5 Trustees, annual report Independent examiner's report to the trustees Statement of financial activities Statement of financial position Notes to the financial statements 9t0 17
Northern Ireland's Children to Lapland and Days to Remember Trust Trustees'Annual Report Year ended 31 December2023 The trustees present their report and the unaudited financial statements of the charity for the year 8nded 31 December 2023. Reference and admlnlstratlve detalls Registered charlty nam Northern ILand'S Children to Lapland and Days to Remember Trust Chartty registratlon number 103911 Principal offi¢e 33A Prospect Road Portstewart BT55 7NF The trustees Mr C J Barkley Mrs L M Rodgers MrG Kelly Dr M Rollins Independent examlner Hopper & Co 6 Doegh Road Bally¢lare. BT39 9BG Stru¢ture• governance and management The charity is governed bya Trust Deed. The charity is constituted by a boar(l of trustees who manage Bnd direct the charity. The board of trustees meetfour times a year to facilitate effective operations and ensure the charity delivers the servic88 speolfied.
Northern Ireland's Children to Lapland and Days to Remember Trust Trustees'Annual Report (continued) Year ended 31 December2023 Objectlves and activities The principaLobj6ctiV8 of the charlry is to help alLeviate the sufferingof children in Northern Ireland with. oraffected by. longterm orterminal illness. physlcalormentaldisabllity, and bereaved children and their families by providing trips to Lapland and other locations and other 80cial, therapeutic, leisure and entert8inmentfaciLlties. All the children who go on the fantasyfLights are selected by Local hospitals throughoutthe province. The charty achieves this by fundralsing all year round as there is no government, lottery or other funding. Northern IreL8nd's Children to Lapland and Days to Remember Trust are able to 8rr8ng8 trav81 and medical insurance to make these trips happen, backed up by full medical care for the duration of the trfps. The tru8t8es have reviewgd the Charlty Commission for Northern Ireland requirem8nts relating to publlc benefit and confirm that the charty meets the criteria set dovm thereln. Northern Ireland's Children to Lapland and Days to Remember Trust became registered th the Charity Commission for Northern Ireland on 9September 2015. Achievements and performance We are pleased to report th8t riormality has been resumed! In 2022, we made ourannual trlp to Lapland, on a 189 seat aircraft, with 85 deserving children on board. We also continued our popuLar'3 Steps to Christmas, campaign, with 35 childr8n receiving £250 worth of presents. 2023 saw us once again take a 189 seatatrcraftto Lapland and continue the 3 Steps campaign for 35 Children. Wa were also delighted to have sufficientfunds to aLiow us to tak8 12 chronicaLiy ill children and their parerrts on 8 3 daytrip to EuroDlsney in Parls. Financlal review The detailed results forthe year and the charity's financi8Lposltion attheyear end are 8et out in the attached financlai statements. The totsl unrestricted incoming resources torthe accounting period amounted to £206,373 (2022.. £132,771), with expenditure of £187,121. {2022: £113,603). This has resulted in net incoming resourceg for the year of £19,252 {2022: £19,168). Unrestricted fund8 remaining at the year end amounted to £200.214. (2022: £161,794). The main incoming resources of th8 charity 8refrom donations.
Northern Ireland's Children to Lapland and Days to Remember Trust Trustees'Annual Report (continued) Year ended 31 December 2023 The trustees. annual report was 8pproved on.... trustees by: and signed on behalf of the board of MrCJ Tru8tee arkley
Northern Ireland's Children to Lapland and Days to Remember Trust Independent Examiner's Report to theTrustees of Northern Ireland's Children to Lapland and Daysto RememberTrust Year ended 31 December 2023 I report to the trustees on my aMinatIon of the financiaL statements of Northem Ireland's Children to Lapland and Days to Remember Trust ('the charity.) for the year ended 31 December 2023. Responsibilities and basls of report As the trustees of the ch8rty you are responsib£e for the preparation of the financial statements in accordance with the requirements of the Chartties Act (Northern Ireland) 2008 (the'2008 Act,). You are Satisfied that your charity is not required by Charity Lawto be audlted and have chosen instead to have an independent examination. I report in respect of my examination of the charity's financial statements as carried out under section 65 of th82008Act. In carryingout my examination I havefollowedthe generalDirections given bythe Charity Commission for Northern Ireland under section 65(9){b) of the 2008 Act. Independent examiner's statement I have completed my &xamination. I confirm that no matters have come to my attention in connection with my examin8tion giving me cau88 to believe that in any material respect: 1. Accounting records were no kept as required bywlth section 63 of the 2008 Act; or 2. The financiaL8tstements do not accord wtth those records: or 3. The financi81 ststements do not complywith the accounttng requirements of the 2008 Act: or 4. The fin8ncSal statements do not comply with the 8pplicable requirements concernlng the form and content of accounts set out in the Charitles <Accounts and Reports) Regulations 2008 oth8r than anyrequirementthatthe a¢countsgivea'trueandf8lr'viewwhich is not£ mattercon8idered as part of an independent examination. I conflrm that there are no other matters to which your attention should be dr8wn to enable a proper understsndlng of the accounts to be reached. Independent Examiner S Hopper F Partnar Hopper & Co Date 1 October 2024
Northern Ireland's Children to Lapland and Days to Remember Trust Statement of Financial Activities Year ended 31 December2023 2023 2022 Unr8Stricted funds Totsifunds Totalfunds Note Incornlng resources Voluntsry Income Investment Income 206.249 124 206,249 124 132,646 125 Total Incoming resources 208,373 206,373 132.771 Resources expended Costs of generating f unds: Fundraising costs Charitable activities 21,146 165.975 21,146 165.975 21,073 92.530 Totsl resources expended 187.121 187,121 113,603 Net income and net movements In funds 19.252 19.252 19.168 Reconcluation of funds Total funds brought forward 180.962 180.962 161.794 Total funds carried forward 200.214 200,214 180,962 The statement of financial actlvities includes au gains and I0s8es recognised in the year. All income and expenditure dérive from continuing activities.
Northern Ireland's Children to Lapland and Days to Remember Trust Statement of Financlal Position Year ended 31 December 2023 2023 2022 Note Fixed assets Tangible fixed assets 13 922 1.085 Current assets Cash at bank and in hand 206.159 190,364 Creditors: amounts faulng due within one year 14 6,867 10,487 Net current assets 199,292 179,877 Total assets less current liabilit 200.214 180.962 Net assets 200.214 180.962 Funds of the charity Unrestricted funds 200,214 180,962 Total charity funds 15 200.214 180.962 These financiaL ststements were approved by the board of trustees and authorised for issue on 1" October 20248nd are signed on beh8Lf of the board by: MrCJ Trustee
Northern Ireland's Children to Lapland and Days to Remember Trust Notes to the Financialstatemonts Year ended 31 December 2023 1. Genardl informatlon The charity is a pubLic benefit entity and a registered charty in Northern Ireland and is unincorpor8ted. The address of the principal office18 33A Prospect Road, Port8tewart. BT55 7NF. 2. Statement of compllance These financial ststements have been prepared in compLian¢e with FRS 102, 'The FinanciaL Reporting standard applicable in the UK and the Republic of Ireland,. the Statement of Recommended Pr8Ctice applicable to charities preporing their accounts in accordance with the Flnancial Reportlng Standard applicable in th8 UK and Republic of Ireland {FRS 102) (Charities SORP (FRS 102)) and the Charities Act (Northern Ireland) 2008. 3. Ac¢ountingpolicles Basls of preparation The financial statements have been prepared on the historical cost basis. as modified by the revaluation of certain assets and liabilities 2nd investment properties measured al fair value through income or expenditure. The financial statements are prepared in sterling, which is th& functionaLcurrencyo* the entity. Goingconcern There £re no material uncertainties 8bout the charitys ability to Continue. Disclosure exemptlons The ch8rty has tsken advantsge of the provi81ons in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. Judgements and key sources of estlmatlon uncertainty The Trustees have estimated the us8ful life and expected residual value of fixed assets in arriving at the amount charged each year fordepreciation.
Northern Ireland's Children to Lapland and Days to Remember Trust Notes to the Financialstatements (contlnued) Year ended 31 December 2023 3. Accounting policies (contlnued) Fund accounting Unrestricted funds are available for use at the discretion of the trust888 to further any of the charity's purposes. Designated funds are unrestricted fund8 eannarked by the trust8es for particular future project or commitment. Restricted funds are sublected to restrlctions on their expenditure declared by the donor or through the terms of an appeal. and fall into one of two sub-classes: restricted income funds or endowmentfunds. Incomlng resour¢es All incoming resources ar8 inGluded in the statement offinancial activlties when entitlement has P8ssed to the charity: it 18 probable that th8 economic benefits asso¢i*ed with the tr8nsaction willflowto the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: income from donations orgrants is recognised when there T8 evidence of entitlement to the gift. receipt is pTob&ble and its amount can be measured reliably. legacy income Is recognised when receipt is probable and entitl8m8nt is establlshed. income form donated goods is measured at the fair valug of the goods unless this is Impractical to measure reliably• in which case the value is derived from tha coast to the donororthe estimated resaLevalue. Donated facilities and services are recognised in the accounts when received if thevalue can be reliable measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of seNices is recognised with the delivery of the contracted service. This is classified 88 unrestrict8d funds unless there Is a contractual requirement for it to be spent on a particular purpose and retumed if unspent. in whlch case it may be regarded as $trIcted.
Northern Ireland's Children to Lapland and Days to Remember Trust Notes to the Financial Statements (continued) Year ended 31 December2023 3. A¢eounting poiioles (continued) Resources expended Expenditure is recognised on an accrual basis as a liability is incurred. Expendrture includes any VAT which cannot be fully recovered. and is classifled under headings of statement of financial activities to which it relates: Expendlture on raising funds includes the costs of a£l fundraising activities, events, non- charitable trading activities, and the sale of donated goods. Expenditure on charitable actlvities includes all costs incurred by a charity in undertaking activitiesthatfurtheris charitableaimsforthe benefitof tts beneficiaries, includingthosesupport costs and costs relating to the governance of the charity apportioned to charltable activities. Other expenditure Includes all expendtture that is neith81 Telatingto raising funds forthe charity nor part of Its expenditure on charitable activlties. All costs 8re allocated to expendtture categories reflecting the use of the resource. Direct costs attrlbutabte to a single activityar8 allocated directLyto thatactivlty. Shared cost$ are apportioned between the actlvltlesthey contributeto on a reasonable. justifiable and consistent basis. Tangible assats Tanglble assets are initially recorded at cost, and subsequently stated at cost less any accumuLated depreciation and Impairment losses. Any tsngibLe assets carried at revalued amounts ar8 recorded at the falr value at the date of revaluatlon less any subsequent accumulated depreciation and subsequent accumuLated impairment losses. An iT]crease in the carrying amount of an asset 8s a result of a revaluation. is recognised in other recognised gains and losses, unless it reverses a charge for impairment that h88 previously b88n recognised as expenditurawithin the statement of financial activities. Adecrease in the carrying 8mount of as asset as a result of revaluation. is recognised In other recognised gains and losses, except to which it oftsets any previous revaluation gain. in which case the loss 1$ shown within other recognised gains and Losses on the statement of financial activities.
Northern Ireland's Children to Lapland and Days to Remember Trust Notes tothe Financial Statements (contlnued) Year ended 31 December 2023 3. Accounting policies (continued) Depreciatlon Depreciation is calculatsd so as to vlrite off the cost or valuation of an asset. Le&9 its residual value. over the useful economic Life of the a8set as follows: Equipment 15% r8ducingbalan¢e Impairment of fixed assets A review for indicators of impalrment is ¢arried out at each reportlng date, with the recoverable amount being estimated where such indicators exSst. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior Impairment$ are aLso reviewed for possible reversal at each reporting date. For the purposes of impaitment testlng, when it is not possible to estimate the recoverabLe 8mount of an individuaL asset. an estimate is made of the recoverable amount of the cash- generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets th8t includes the asset and generates cash inflows that Larg8ly independent of the cash inf lows from other assets or groups of assets. For imp8irmentte8ting of goodwill, the goodwill acqulred in a business Comblnation is, from the acquisition date, alLocated to each of the cash-generating units that are exp8cted to benefft from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assign8d to those units. Financial instrument8 Afin8n¢ial assetor afinancial liabilityis recognlsed onlywhenthecharty becomes a partytoth& contractual provisions otthe Instrument. Basic flnancial instruments are Initlauy recognised atthe amount racelvable or payable including any reLated transaction costs. Current assets and current liabllities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt Instruments are subsequently measured at amortised cost. Where irivestments in shares are publlcly traded or their falr value can otherwise be measured reliably, the investment is subsequently me88ured at fair value with changes in falr vaLue recognised In income and expenditure. Ali other such investments are subsequently measured as c08t less impaimient. 12
Northern Ireland's Chlldren to Lapland and Days to Remember Trust Notes to the Financial Statements (continued) Year ended 31 December 2023 3. Accounting pollcies {contlnuedJ Flnancial instruments (continued) Other fSnanGial instruments, includlng derivatives, are initlally recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate. in which case the asset is measured at the presentvalue of the future payments discounted at8 market rate of interestfor a simiLar debt instrument. Other financial instruments are subsequently me8sured at fair value. with any changes recognised in the statement of financial actNlties, With the exception of hedging instruments in a designated hedging reLationship. Flnancial assets that are measured at Cost or arnortised cost are raviewed for objectlve evidence of impairment at the end of each reporting date. If there is objective evidence of impairm8nt, an irnpairment loss is recognised under the approprlate heading in the 8tatament of financial activities in which th8 initial gain was recognlsed. For all equity in8trum8nts regardless of signrficance, and other financial assets that are individually significant. these are asse88ed individually for impairment. Other finan¢iaL assets are either assessed individuallyorgrouped on the basis of similar credit risk characteristics. Any reversals of impairment ar8 recognised immediately, to the eent that the reversal does not resuLt in 8 carrying amount of the financial a88et that exce8ds what the carrying amount would have been had the impairment not previously been recognised. 4. Voluntary income Unrestricted Totsl Fund8 Unrestrictsd Total Funds Funds 2023 Funds 2022 Donations Donations Corporate Partners NICTL Fundraising 108.356 47,245 50,648 108,356 47.245 50,648 55.545 60.096 17.Q05 55.545 60.096 17.005 206,249 206,249 132,646 132,646 13
Northern Ireland's Children to Lapland and Days to Remember Trust Notes to the Flnanclal Statements (continued) Year ended 31 December 2023 5. Investment Income Unrestricted Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Bank interest receivable 124 124 125 125 6. Fundraislng costs Unrestricted Total Fund8 Unrestricted Total Funds Funds 2023 Funds 2022 Support costs 21.146 21,146 21,073 21,073 7. Expendlture on charitable actlvities byfund type Unrestricted Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Lapland ChrlstmasTrlps Childrens Gifts Support costs 140.720 140,720 6,840 18,415 66,982 7,963 17.585 66.982 7,963 17.585 18.415 165,975 165,975 92,530 92,530 8. Analysis of support costs Charrtable Fundraising Activity Activity Total 2023 Total 2022 Trustees Insurance Sundry IT, Printing, Stationery & Postage Accountancy Fees Bank and Justgiving Fee9 FueL MiLeag8, Travel & Entertainment Wages and SaLaries Depreciation 1,291 1.291 275 174 2,582 275 174 888 572 2.761 32,146 163 2,811 175 1.720 888 306 2,367 30.200 192 888 572 2.761 16.073 16,073 163 18.415 21.146 39,561 38.659 14
Northern Ireland?s Children to Lapland and Days to Remember Trust Notes to the Financlal Statements (continued) Year ended 31 December2023 9. Net In¢ome Net income is stated after charging/(crediting): 2023 2022 Deprecietion of t8ngibLe fed assets 163 192 10. Independent examination fees 2023 2022 Fees payable to the independent examlner for: Independent examination of theflnan¢iaLstatements 888 888 11. Staff costs The average head count of employe8s duringthe year was 1 (2022: 1). No employee received employee benefits of more than £60,000 during the year (2022: Nil). 12. Trustee remuneratlon and expenses The charity trustees receNed no MUneratIon during the year. One trustae was reimbursed out of pocket expenses totaiLing £210.50. 15
Northern Ireland's Chlldren to Lapland and Days to Remember Trust Notes to the Financial Statements (continued) Year ended 31 December 2023 13. Tanglble fixed assots Equlpment Cost At 1 Jan 2023 and 31 Dec 2023 1,503 Depreciation At 1 Jan 2023 Charge fortheyear 418 163 At 31 Dec 2023 581 carng am•)Ullt At 31 D8¢ 2023 922 At 31 Dec 2022 1,085 14. Creditors: amounts faulng due wlthln one year 2023 2022 Accruals and deferred income Socialsecurityand othertsxes Other creditors 4,632 849 1.386 3,798 4,442 2,247 6.867 10.487 15. Analysis of charitable funds Unrestricted funds At 1 J8n 2023 Income Expenditure At 31 Dec 2023 General funds 180.962 206,373 (187,1211 200,214 At l Jan 2022 Income Expenditur8 At 31 Dec 2022 Generalfunds 161.794 132,771 (113,603) 180.962 zz------ 16
Northern Ireland's Children to Lapland and Days to Remember Trust Notes to the Financialstatements (contlnued) Year ended 31 December 2023 16. Analysis of net assets between funds Unrestricted Funds Total Fund8 2023 Tangible red assets Current Assets Creditors le&s than 1 year 922 206,159 (8.867) 922 206,159 {6,8671 Net assets 200,214 200,214 Unrestricted Funds Total Funds 2022 T8ngible ftxed aet8 Current assets Creditors less than 1 year 1,085 190,364 (10.487) 1.085 190,364 (10.487) Net assets 180,962 180.962 17