REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2023 |
FOR |
THE INTERNATIONAL CEREBRAL PALSY SOCIE | TY |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
REPORT OF THE TRUSTEES AND |
FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2023 |
FOR |
THE INTERNATIONAL CEREBRAL PALSY SOCIE | TY |
THE INTERNATIONAL CEREBRAL PALSY SOCIETY |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2023 |
Page |
Report of the Trustees | 1 | to | 2 |
Independent Examiner's Report | 3 |
Statement of Financial Activities | 4 |
Balance Sheet | 5 | to | 6 |
Notes to the Financial Statements | 7 | to | 11 |
THE INTERNATIONAL CEREBRAL PALSY SOCIETY (REGISTERED NUMBER: 01290012) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 30 JUNE 2023 |
The trustees who are also directors of the charity for the purpose of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2023. The trustees have adopted the provisions of 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 2015) |
The Society is registered as a Charity under the Charities Act 2011. There are at least 17 million people throughout the world with cerebral palsy. ICPS, founded in 1969, is a self-help "umbrella" organisation acting as a resource centre aiming to provide knowledge, appropriate support and encouragement to people with disabilities, their families and the professionals who work with them. It is an organisation, which responds to need, helping others to help themselves. The trustees have paid due regard to the Charity Commission guidance on public benefit when deciding the aims and objectives of the charity and strongly believe it achieves this. |
The value of the Charities Aid Foundation Investment remains stable and continues to support our work, though ICPS membership subscriptions have fallen. |
The income of the charity has decreased to £2,102 (£3,591 - 2022). Subscriptions are always gratefully received but the large fluctuations the charity has from year to year highlights the need for subscribers to be pro-active in ensuring the charity continues to be well supported, and that subscriptions are received on a timely basis. The accounts show a surplus for the year of £3,850 (ignoring unrealised losses on investments). This includes the £5,000 contribution to the Pension Fund as detailed in note 9 of the accounts. This was an annual fixed cost for which the trustees have reached a full and final settlement of £25,000 in September 2023, with payment made in November 2023. The overall deficit further highlights the need for a concerted effort to increase the income of the charity. It is worth remembering that the charity is wholly run by volunteers, no salaries are paid and the trustees receive no remuneration. In return the charity continues to keep a high profile for cerebral palsy on the international stage. |
OBJECTIVES AND ACTIVITIES |
Public benefit |
The charity objectives and aims are performed with regard to the Charity Commission guidance on public benefit. |
FINANCIAL REVIEW |
Investment policy and objectives |
Investment funds with CAF Bank are invested in their UK Equity Growth Fund This fund aims to achieve a wide diversification of risk, since its money is pooled with that of other investing charities to purchase a portfolio that is much more extensive than might otherwise be possible. |
Reserves policy |
The charity has total reserves of £24,175. The total amount is unrestricted. Approximately half of the charity's total reserves are invested with the Charities Aid Foundation (CAF) Bank. |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
The charity is controlled by its governing document, the memorandum and articles of association, as amended, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Registered office |
THE INTERNATIONAL CEREBRAL PALSY SOCIETY (REGISTERED NUMBER: 01290012) |
REPORT OF THE TRUSTEES |
FOR THE YEAR ENDED 30 JUNE 2023 |
Trustees |
Company Secretary |
Independent Examiner |
Berkeley Hall Marshall Limited |
6 Charlotte Street |
Bath |
BA1 2NE |
Bankers |
Kings Hill |
West Malling |
Kent |
ME19 4JQ |
Approved by order of the board of trustees on |
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF |
THE INTERNATIONAL CEREBRAL PALSY SOCIETY (REGISTERED NUMBER: 01290012) |
Independent examiner's report to the trustees of The International Cerebral Palsy Society ('the Company') |
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2023. |
Responsibilities and basis of report |
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). |
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. |
Independent examiner's statement |
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: |
1. | accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or |
2. | the accounts do not accord with those records; or |
3. | the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or |
4. | the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). |
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. |
Matthew Small FCA |
Berkeley Hall Marshall Limited |
6 Charlotte Street |
Bath |
BA1 2NE |
5 February 2024 |
THE INTERNATIONAL CEREBRAL PALSY SOCIETY |
STATEMENT OF FINANCIAL ACTIVITIES |
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) |
FOR THE YEAR ENDED 30 JUNE 2023 |
2023 | 2022 |
Unrestricted | Restricted | Total | Total |
fund | fund | funds | funds |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Other trading activities | 2 |
Total |
EXPENDITURE ON |
Charitable activities |
Other | 3 |
Total |
Net gains/(losses) on investments | ( |
) |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 28,025 |
THE INTERNATIONAL CEREBRAL PALSY SOCIETY (REGISTERED NUMBER: 01290012) |
BALANCE SHEET |
30 JUNE 2023 |
2023 | 2022 |
Unrestricted | Restricted | Total | Total |
fund | fund | funds | funds |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investments | 6 |
CURRENT ASSETS |
Debtors | 7 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 8 | ( |
) | ( |
) | ( |
) |
NET CURRENT ASSETS | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
NET ASSETS |
FUNDS | 9 |
Unrestricted funds | 28,025 |
TOTAL FUNDS | 28,025 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023. |
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006. |
The trustees acknowledge their responsibilities for |
(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. |
THE INTERNATIONAL CEREBRAL PALSY SOCIETY (REGISTERED NUMBER: 01290012) |
BALANCE SHEET - continued |
30 JUNE 2023 |
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
The financial statements were approved by the Board of Trustees and authorised for issue on |
THE INTERNATIONAL CEREBRAL PALSY SOCIETY |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30 JUNE 2023 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets. |
Income |
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. |
Expenditure |
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
Taxation |
The charity is exempt from corporation tax on its charitable activities. |
Fund accounting |
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. |
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
2. | OTHER TRADING ACTIVITIES |
2023 | 2022 |
£ | £ |
Investment income |
3. | OTHER |
2023 | 2022 |
£ | £ |
Accountancy | 794 | 794 |
Independent examiners fee | 70 | 70 |
Support costs | 95 | 134 |
THE INTERNATIONAL CEREBRAL PALSY SOCIETY |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 JUNE 2023 |
4. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 30 June 2023 nor for the year ended 30 June 2022. |
Trustees' expenses |
No trustees' expenses were reimbursed during the year (NIL - 2020). |
5. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted | Restricted | Total |
fund | fund | funds |
£ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Other trading activities |
Total |
EXPENDITURE ON |
Charitable activities |
Other |
Total |
Net gains/(losses) on investments | ( |
) | ( |
) |
NET INCOME/(EXPENDITURE) | ( |
) | ( |
) |
RECONCILIATION OF FUNDS |
Total funds brought forward | 32,376 | - |
TOTAL FUNDS CARRIED FORWARD | 28,025 | - | 28,025 |
THE INTERNATIONAL CEREBRAL PALSY SOCIETY |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 JUNE 2023 |
6. | FIXED ASSET INVESTMENTS |
Listed |
investments |
£ |
MARKET VALUE |
At 1 July 2022 |
Additions |
Disposals | ( |
) |
Revaluations |
At 30 June 2023 |
NET BOOK VALUE |
At 30 June 2023 | 28,220 |
At 30 June 2022 | 27,438 |
There were no investment assets outside the UK. |
There were no investment assets outside the UK. |
7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other debtors |
8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2022 |
£ | £ |
Other creditors |
Accruals |
9. | MOVEMENT IN FUNDS |
Net |
movement | At |
At 1.7.22 | in funds | 30.6.23 |
£ | £ | £ |
Unrestricted funds |
General fund | 28,025 | (3,850 | ) | 24,175 |
TOTAL FUNDS | (3,850 | ) | 24,175 |
THE INTERNATIONAL CEREBRAL PALSY SOCIETY |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 JUNE 2023 |
9. | MOVEMENT IN FUNDS - continued |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Gains and | Movement |
resources | expended | losses | in funds |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 2,102 | (6,734 | ) | 782 | (3,850 | ) |
TOTAL FUNDS | ( |
) | (3,850 | ) |
Comparatives for movement in funds |
Net |
movement | At |
At 1.7.21 | in funds | 30.6.22 |
£ | £ | £ |
Unrestricted funds |
General fund | 32,376 | (4,351 | ) | 28,025 |
TOTAL FUNDS | 32,376 | (4,351 | ) | 28,025 |
Comparative net movement in funds, included in the above are as follows: |
Incoming | Resources | Gains and | Movement |
resources | expended | losses | in funds |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 3,591 | (6,758 | ) | (1,184 | ) | (4,351 | ) |
TOTAL FUNDS | 3,591 | (6,758 | ) | (1,184 | ) | (4,351 | ) |
A current year 12 months and prior year 12 months combined position is as follows: |
Net |
movement | At |
At 1.7.21 | in funds | 30.6.23 |
£ | £ | £ |
Unrestricted funds |
General fund | 32,376 | (8,201 | ) | 24,175 |
TOTAL FUNDS | 32,376 | (8,201 | ) | 24,175 |
THE INTERNATIONAL CEREBRAL PALSY SOCIETY |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 30 JUNE 2023 |
9. | MOVEMENT IN FUNDS - continued |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |
Incoming | Resources | Gains and | Movement |
resources | expended | losses | in funds |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 5,693 | (13,492 | ) | (402 | ) | (8,201 | ) |
TOTAL FUNDS | 5,693 | (13,492 | ) | (402 | ) | (8,201 | ) |
10. | RELATED PARTY DISCLOSURES |
11. | PENSION TRUST LIABILITY |
Agreement has been reached on the liability owed by the Society to The Pension Trust in respect of the Employer Debt on Withdrawal. A full and final settlement payment of £25,000 has been made in November 2023. |