The trustees present their annual report and financial statements for the year ended 31 March 2026.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's Memorandum and Articles of Association, the Companies Act 2006 and 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)” (as amended for accounting periods commencing from 1 January 2019).
The charity is concerned with medical and health issues with regard to children and young people. The charity aims to achieve its objectives by raising funds and making grants to organisations that deal with the medical needs of children and young people. The charity primarily provides financial assistance to the Schneider Children's Medical Centre of Israel.
The charity achieves its objectives by raising income through fund raising events and promoting awareness of the work done by the Schneider Children's Medical Centre of Israel. The charity has continued to do this throughout the year.
The trustees have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers or duties.
The charity operates on a voluntary basis. The success of its activities and objectives are totally dependent upon the goodwill, effort and support of volunteers.
The total income of the charity in the year was £58,839 compared to £56,546 for the previous year. Donations in the year to the Schneider Medical Centre of Israel were £38,452 compared to £51,238 for the previous year.
Total income of the charity for the year was £58,839 (2025: £56,546) and total expenditure was £53,810 (2025: £62,199) leaving a (deficit)/surplus of £5,029 (2025: £(5,653)) At 31 March 2026 reserves were £23,331 (2025: £18,302).
The charity has no restricted funds. It aims to distribute the income that it receives and not to accumulate funds.
The charity has no investments but would ensure that interest is earned on any surplus bank deposits it may have from time to time.
The trustees have considered the risks that may have a significant effect on the charity's operational performance and its ability to achieve it objectives. The charity is primarily dependant upon the ability and willingness of its trustees in raising funds so that grants can be made. It is also dependant upon the reputation of and the work done by the Schneider Children's Medical Centre of Israel that the charity aims to promote. The charity has the appropriate insurances in place.
The long-term objective of the charity is to maximise the funds that it raises so that grants can be made. This involves promoting awareness of the charity and of the work done by the Schneider Children's Medical Centre of Israel.
The charity is a company limited by guarantee. None of the trustees has any beneficial interest in the company. All members of the company guarantee to contribute £1 in the event of a winding up.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
The governing document of the charity is its Articles of Association.
Trustees are recruited for their skill and experience so that the charity is able to achieve successfully its objectives. It is the responsibility of the trustees to manage the affairs of the charity. They are responsible for the control of the charity and of its assets and ensuring that the objectives of the charity are achieved.
The charity may appoint trustees by ordinary resolution and these are passed by a quorum of members at general meetings of the charity. Members are the original subscribers to the charity's Memorandum. Membership is open to other individuals or organisations that apply to the charity and are approved by the trustees. The trustees must keep a register of names and addresses of the members.
The trustees make the decisions that affect the running of the charity. No decisions can be made at a meeting of trustees unless a quorum is present and a majority decides the question.
The trustees, who are also the directors of UK Friends of The Schneider Children's Hospital for the purpose of company law, are responsible for preparing the Trustees' Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company Law requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
In preparing these accounts, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the accounts; and
- prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees' report was approved by the Board of Trustees.
I report to the trustees on my examination of the financial statements of UK Friends of The Schneider Children's Hospital (the charity) for the year ended 31 March 2026.
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
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 that in any material respect:
accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006.
the financial statements do not accord with those records; or
the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or
the financial statements 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 financial statements 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 financial statements to be reached.
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
UK Friends of The Schneider Children's Hospital is a private company limited by guarantee incorporated in England and Wales. The registered office is 29 The Rise, Elstree, Herts, WD6 3JR.
The accounts have been prepared in accordance with the charity's Memorandum and Articles of Association, the Companies Act 2006 and “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)” (as amended for accounting periods commencing from 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest pound.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the accounts.
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.
Restricted funds are subject to specific conditions by donors as to how they may be used. The charity has no restricted funds. All funds held by the charity are unrestricted funds.
All incoming resources are accounted for when the charity is legally entitled to the income and the amount can be quantified with reasonable certainty,
Donations are recorded in incoming resources when received.
Income from fund raising events is included in incoming resources when the event takes place.
Legacies are included in incoming resources when the entitlement is the earlier of the charity being notified of an impending legacy or the date of receipt.
Expenditure is accounted for on an accruals basis as soon as a legal or constructive obligation commits the charity to the expenditure.
Raising funds
Marketing
None of the trustees (or any persons connected with them) received any remuneration during the year or in the previous year. Neither did any of them receive expenses either reimbursed or otherwise.
The average monthly number of employees during the year was:
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
There were no disclosable related party transactions during the year (2025- none).
No remuneration was paid to key management personnel during the year (2024 - none). The charity operates on a voluntary basis.