CHARITY REGISTRATION NUMBER: 103911 Northern Ireland's Children to Lapland and Days to RememberTrust Unaudited Flnanclal Statements 31 December 2024
Northern Ireland's Children to Lapland and Days to Remember Trust Financial Statements Year ended 31 December 2024 Pages 3to5 Trustees, annual report Independent examiner's report to the trustees Statement of financial activities Statement of financial position Notes to the f inancial statements 9t017
Northern Ireland's Children to Lapland and Days to Remember Trust Trustees'Annual Report Year ended 31 December 2024 The trustees present their report and the unaudited financiaLstatements of the charity for the year ended 31 December 2024. Reference and administrative details Registered charity name Northern Ireland's Children to Lapland and Days to Remember Trust Charlty registration number 103911 Princ5paL off ice 33A Prospect Road Portstewart BT55 7NF The trustees Mr C J Barkley Mrs L M Rodgers Mr G Kelly Dr M RolLins Independgnt examiner Hopper & Co 6 Doagh Road Ballyclare. BT39 9BG Structure. governance and management The charity is governed by a Trust Deed. The charity is constituted by8 board of trustees who manage and directthe charity. The board of trustees meetfourtimes a year to facilitate eff ective operations and ensure the charity delivefs the services specified.
Northern Ireland's Children to Lapland and Days to Remember Trust Trustees, Annual Report (continued) Year ended 31 December2024 Objectives and activities The principal objective of the charity is to help alleviate the sufferingof children in Northern IreLand with, or affected by, longterm or terminal ilLn8ss, physicalor mentaldisability. and bereaved children and their families by providing trips to Lapland and other locations and other soci81, therapeutic, leisure and entertainmentfacilities. Atithe children who go on the fantasyflights are selected bylocal hospitaL8throughoutthe province. The Gharity achieves this by fundraising all year round as there is no government, lottery or other funding. Northern Ireland's Children to Lapland and Days to Remember Trust are able to arrange travel 8nd medical insurance to make these trips happen, backed up by fvll medical care for the dur8tion of the trips. Thetrustees have reviewed the Charity Commission for Northern Ireland requirements relatingto public benefit and confirm that the charity meets the criteria set down therein. Northern Ireland's Children to Lapland and D8yS to Remember Trust became registered with the Charity Commission for Northern Ireland on 9 September 2015. AchÉevements and performance In 2023, we made our annuaLtripto Lapland on a 189-seat aircraft with 85 deserving chiLdr8n on board. We also continued our popular'3 Steps to Christmas, campaign for 35 children and ware delighted to have sufficient funds to aLlow us to take 20 chronically iu children and their parents on a 2-daytrip to EuroDisney in Paris. We were delighted, oncE again, to take a 189-seat aircraft to Lapland, with 85 chlldren aboard, each nominated by the various Hospital Trusts and the Children's Hospice and accompanied by at least 1 parent or carer. as well the requistte number of medical professionals. We also took 20 deserving children, again accnmpanied by a parent or caregiver, to Dlsneyland, Paris, for a 2-day trip. This trip has been so popular in recent years that it is hoped that it will become an annual event. Following on from the success of an earlier initiative, also donated £1500 worth of sensory toys to each of the 8 Speclal Chlldren's Units across the Province. as well as to the Children's Hospice. These hospitals have absolutely no budget for this type of purchase, and yet they report how much their ChIdren appreciate and enjoy the faGilty- Financial review The detsiled results for the yearand the charity's financiaL position atthe year end are set out in the attached financial statements. The total unrestricted incoming resourcesforthe accounting period amounted to £246,793 (2023: £206,373), with expenditure of £205.958. (2023: £187,121). This has resulted in net incoming resources forthe year of £40,83512023: £19,252). Unrestricted funds remaining at theyear end amounted to £241,049. {2023: £200,214). The main incoming resources of the Gharity are from donations.
Northern Ireland's Children to Lapland and Days to Remember Trust Trust8es'Annual Report (continued) Year ended 31 December 2024 The trustees, annual report was approved on....... trustees by: and signed on behalf of the board I Mrcj Trustee arkley
Northern Ireland's Children to Lapland and Days to Remember Trust Independent Examiner's Reportto the Trustees of Northern Ireland's Children to Lapland and Days to RememberTrust Year ended 31 December 2024 I report to the trustees on my examination of the financi818tatements of Northern IreLand's Children to Lapland and Daysto RernemberTrust {'the charity.) forthe year ended 31 December 2024. Responslbillties and basls of report As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements ot the Charities Act (Northern Ireland) 2008 (the'2008 AGt'). You are satisfied thatyour charity is not required by charity lawto be audited and have chosen instead to have an independent examination. I report in respect of my examination of the charity'sfinancial statements as carried out under section 65 of the 2008 Act. In carryingout myexamination I havefollowedthe general Directions given bythe Charity Commission for Northern Ireland under section 6519)[b} of the 2008 Act. Independent examiner's statement I have completed my examination. l confirm that no matters have come to my attention in connection with my ex8mination giving me cause to believe that in any material respect: 1. Accounting records were no kept as required bywith section 63 of the 2008 Act: or 2. The financial statements do not accord with those records. or 3. The financial statements do not Complywith the accounting requirements of the 2008 Act. or 4. The financial statements do not comply with the applicable requirgments concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than anyrequirementth8tthe accountsgive a'true andfair'viewwhich is not a matter considered as part of an independent examination. I confirm that there are no other matters to which your attention should be drawn to enable 8 proper understanding of the accounts to be reached. Independent Examiner S Hopper FCA Partner Hopper & Co Date 2J-10-
Northern Ireland's Children to Lapland and Daysto Remember Trust Statement of Financial Activities Year ended 31 December 2024 2024 2023 Unrestricted funds Totalfunds TotaLfunds Note Incoming resour¢es Voluntary Income Investment income 246,793 246,793 206,249 124 Total incomlng resources 246,793 246,793 206.373 Resources expended Costs of generating funds: Fundraising costs Charitable 8Ctivtties 23,418 182,540 23,418 182,540 21,146 165,975 Total resources expended 205,958 205,958 187.121 Net income and net movements in funds 40,835 40.835 19,252 Reconciliation of funds Total funds brought forward 200,214 200,214 180,962 TotaLfunds carried forward 241,049 241,049 200,214 The statement of financial activities includes allg8ins and losses recognised in the year. All income and expendÈture derive from continuingactivities.
Northern Ireland's Children to Lapland and Days to Remember Trust Statement of Financial Position Year ended 31 December 2024 2024 2023 Note Fixed assets Tangible fixed assets 13 784 922 Current assets Cash at bank and in hand 246,471 206,159 Creditors: amounts falling due withln one year 14 6,206 6,867 Net current assets 240,265 199,292 Total assets less current liabllltles 241,049 200,214 Net assets 241,049 200,214 Funds of the charity Unrestricted funds 241,049 200,211 Total charity funds 15 241,049 200,214 These financi statements were approved by the board of trustees and authorised for issue on . and are signed on behalf of the board by." Mrcj Trustee arkley
Northern Ireland's Children to Lapland and Days to Remember Trust Notes to the Financial Statements Year ended 31 December 2024 1. General information The charity is a public benefit entity and a registered charity in Northern Ireland and is unincorporated. The address of the principaLoffice is 33A Prospect Road, Portstewart, BT55 7NF. 2. Statement of compliance These financial statements have been prepared in compliance with FRS 102. 'The Financial Reporting Standard appLicabLe in the UK and the Republic of Ireland,. the Statement of ReGommended Practice applicable to charities preparingtheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)} and the Charities Act (Northern Ireland) 2008. 3. Accounting pollcies Basis of preparatlon The financial statements have been prepared on the historical Cost basis, as moditied by the revaluation ot certain assets and Liabilltles and investment properties measured at fair vaLue through income or expenditure. The financial ststements a prepared in sterling, which is the functional ¢urrencyof the entity. Golngconcern There are no material uncertainties about the charity's abilÈtyto continue. Disclosure exemptions The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 notto prepare a Statement of Cash Flows. Judgements and key sources of estimatlon uncertalnty The Trustees have estimated the useful life and expected residualvalue of fixed assets in arriving at the amount charged each year for depreciation.
Northern Ireland's Children to Lapland and Days to Remember Trust Notes to the Financial Statements (continued) Year ended 31 December 2024 3. Accounting PO.C1eS (continued) Fund accountlng Unrestricted funds are available for use at the discretion of the trustees to further any of the ch8rity'S purposes. Designated funds are unrestricted funds earmarked by the trustees for particuLar future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appesl, and faLI into one of two sub-classes: restricted income funds or endowment funds. Incoming resources All incoming resources are included in the statement of tinanclal activities when entit18m8nt has passed to the charity; it is probable that the economic benefits associated with the transaction will fLowto the ch8rity 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 is evidence of entÈtlement to th8 gift, receipt is probable and its amount can be measured reiiabLy. legacy income is recognised when receipt is probable and entitLement is established. income form donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the coast to the donororthe estimated resale value. Donated facilities and services are recognised inthe accounts when received if the value can be reliable measured. No amounts are included forthe contribution of generalvolunteers. income from contracts for the supply of services 18 recognised with the delivery of the contracted seNice. This is cLassified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. 10
Northern Ireland's Children to Lapland and Days to Remember Trust Notes to the Financial Statements (continued) Year ended 31 December 2024 3. Accounting policies (continued) Resources expended Expenditure is recognised on an accrual basis as a liabiLity is incurred. Expendtture includes any VAT which cannot be fully recovered, and is classified under headings of statement of financial activities to which it relates: Expenditure on raising funds includes the costs of au fundraising activities, events, non- charitabLe trading activities, and the Sale of donated goods. Expenditure on charitable activiti88 include8 alL costs incurred by a charity in undertaking activitiesthatfurther is charitable aimsforthe benefitof its benefiGiaries, includingthose 8UPPOrt costs and costs relatingto the governance of the charity apportioned to Charitable activities. Other expenditure include8 all exp8nditure that is neither relating to raisingfunds for the charity nor part of its expenditure on charitable activitie8. All costs are allocated to expenditure categories refiecting the use of the resource. Direct costs attributsble to a single activityare allocated directlyto that activity. Shared cost8 ar8 apportioned between the activities they contribute to on a reasonable, justifiable and Gonsistent basis. TanglbLe assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any 8ubs8quent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying arnount of an asset as 8 result of a revaluation, is recognis8d in other recognised gains and losses. unless it reverses a charge for impairmentthat has previously been recognised as expenditure within the statement otfinancial activities. A decrease in the carrying amount of as asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain. in which case the loss is shown within other recognised gains and losses on the statement otfinancial activitias.
Northern Ireland's Children to Lapland and Days to Remember Trust Notes tothe FinanciaL Statements (continued) Year ended 31 December 2024 3. Accounting policies (continued) Depreciation Depreciation is calculated so as to write off the cost or valuatlon of an 8sset, Less its residual value, overthe useful economic lrfe of the asset as foLiows" Equipment 15% reducing balance Impairment of fixed essets A review for indicators of impairrnent is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the r8coverable amount, the asset is impaired accordingly. Prior impairments Bre also reviewed for possible reversal at each reporting date. For the purposes of impairrnent testing, when it is not possible to estim8te the recoverable amount of an individual asset, an estimate is made of the r8COV8rable amount of the oash- generating unitto which the asset belongs. The ca8h-generating unit 18 the smallest identifiable group of asset8 that includes the 8sset and generate8 cash inflow8 that largely independent of the cash inflows from other a888ts or group8 of assets. For impairment testing of goodwill. the goodwill acquired in 8 business combination is, from the acquisition dat8, allocated to each of the cash-generating units that are expected to benefit from th8 synergies of the combination, irrespectNe of whether other assets or liabilities of the charity ara assigned to those units. Financlal Instruments Afinancial asset ora financial liability is recogni8ed onlywhen the charity becomes a partyto the contractual provisions of the instrument. Basicfinancialtnstruments are initially recognised atthe amount receivableor payable including any related transaction costs. Current assets and current liabilities 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 investments in shares are pubLicly traded or their fair value Gan otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in incom8 and expenditure. AIL other such investments are subsequently measured as cost less impairment. 12
Northern Ireland's Children to Lapland and Days to Remember Trust Notes to the Flnancial Statements (continued) Year ended 31 December 2024 3. A¢¢ounting polfjcies (continued) Flnancial Instruments (continued? Other financial instruments, in¢ludlng derivatives, are initially 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 m8rket r8te, in which case the asset is rneasured at the pre88nt value of the future payments discounted at a m8rket rate of interestfor a simiLar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financialactivities. with the exception of hedg]ng instruments in a designated hedging relationship. Financial assets that are measured at cost oramortised cost are revlewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence ot impairment, an impairment loss is recognised under the appropriate heading in the statemènt of financial activities in which the initi8igain was recognised. For aLi equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individuaLly for impairrnent. Other tinanciaL assets are either assessed individu811y or grouped on the basis of simiLar credit risk charaGteristics. Any reversals of impairment ar8 recognised immediately, to the extentthat the reversal does not result in 8 carrying amount of the fin8ncial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. 4. Voluntary income Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Donations Donations Corporate Partners NICTL Fundraising Outside Events 56.787 61,105 88,482 40,419 56,787 61,105 88,482 40,419 108,356 47,245 50,648 108,356 47,245 50,648 246,793 246.793 206,249 206,249
Northern Ireland's Children to Lapland and Days to Remember Trust Notes to the Financial Statements (continued) Year ended 31 December 2024 5. Investment income Unrestrictsd Totsi Funds Unrestricted Total Funds Funds 2024 Funds 2023 Bank interest receivable 124 124 6. Fundraisingcosts Unrestricted Tot81 Funds Unrestricted Totsl Funds Funds 2024 Funds 2023 Support costs 23.418 23,418 21.146 21,146 7. ExpendEture on charitable activities by fund typ8 Unrestricted Total Funds ljnrestricted TotaL Funds Funds 2024 Funds 2023 Lapland Christm8sTrips Childrens Gifts Support costs 160,880 1,726 19,934 160,880 1,726 19.934 140,720 6,840 18,415 140,720 6,840 18.415 182,540 182,540 165,975 165,975 8. Analysls of support cost$ Charitable Fundraising Activity Activity Total2024 TotaL 2023 Trustees Insurance Sundry IT, Printing. St8tionery & Postage Accountancy Fees Bank and Justgiving Fees Fuel, Mileage, Travel & Entertainment W8ges and Salaries Depreciation 1,808 1,808 236 690 3,616 236 690 888 915 2,669 34.200 138 2,582 275 174 888 572 2,761 32,146 163 888 915 2,669 17,100 17.100 138 19,934 23.418 43,352 39,561 14
Northern Ireland's Chlldren to Lapland and Days to Remember Trust Notes to the Financial Statements (continued) Year ended 31 December 2024 9. Net inGom8 Net Income is stated after charging1{cd1t1ng)'. 2024 2023 Depreciation of tangible fixed assets 138 163 10. Independent examination fees 2024 2023 Fees payable to the independent examinerfor: Independent examination of the financial statements 888 888 11. Staff costs The average head oount of empLoyees duringthe year was 1 (2023: 1). No employee received employee benefits of more than £60,000 duringthe year (2023: Nil). 12. Trustee remuneration and expenses Th8 charity tru8tees received no remuneration duringthe year. One trustee was reimbursed out of Pocket expenses totalling £602.49. 15
Northern Ireland's Children to Lapland and Days to Remember Trust Notes to the Financial Statements (continued) Year ended 31 December 2024 13. Tangible fixed assets Equlpment Cost At 1 Jan 2024 and 31 Dec 2024 1,503 Depreciation At 1 Jan 2024 Charge for the year 581 138 At 31 Dec 2024 719 Carryingamount At 31 Dec 2024 784 At 31 Dec 2023 922 14. Creditors: amounts falling due within one year 2024 2023 Accru818 and deferred income Social Security 8nd othertaxes Other creditors 3,504 1,392 1,310 4,632 1,386 6,206 6,867 15. Analysis ot charitablefunds UnrestriGted funds At 1 Jan 2024 Income Expenditure At 31 Dec 2024 Generalfunds 200,214 246.793 (205,9581 241,049 At 1 Jan 2023 Income Expanditure At 31 Dec 2023 Generalfunds 180,962 206.373 (187,121) 200,214
Northern Ireland's Children to Lapland and Days to Remember Trust Notes to the Financial Statements (continued) Year ended 31 December 2024 16. Analysis of net assets between funds Unrestricted Funcls Total Funds 2024 Tangible fixed assets Current Assets Creditors less than 1 year 784 246,471 16,206) 246,471 (6,206) Net assets 241,049 241,049 Unrestricted Funds Total Funds 2023 TangibLe f ixed assets Current assets Creditors less than 1 year 922 206,159 (6,8671 922 206,159 (6.867) Net assets 200,214 200,214 17