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Children's World
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Children's World |
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Annual Report 2000-2001
Treasurer's Report
Children’s World’s income fell this year from £108,334 to £72,696 (due partly to a fall in grants and donations, and partly due to Children’s World Enterprises Ltd., our trading arm, being unable to gift aid any money to Children's World - as there was no Glastonbury Festival of Contemporary Performing Arts this year and we could not therefore run our usual fund-raising bars and cafes at the event - we look forward to raising much-needed funds again in this way in 2002.) Expenditure was £90,906 leaving a shortfall of £18,210 for the year which was covered by the Charity’s free reserves. We entered our new financial year on 1 September 2001 with a £4,000 restricted grant to purchase a replacement touring van and with £8,750 remaining from our 3-year restricted grant of £45,000 from the Lankelly Foundation, which will pay the wages of our Chief Playleader until April 2002. We have £25,963 of free reserves, a sum which will fund our work for some months, but which urgently needs to be built up. We are delighted that the Esmee Fairbairn Foundation are making a grant of £30,000 over the next 3 years towards the development & expansion of Children’s World’s special needs work. Financial contributions from schools and special schools are rising and we are confident of receiving ever-increasing income from our successful Children’s Festivals - we are confident of completing the planned work in the year ahead, but more major grants are needed if the future of the Charity is to be secure. The Accounts following are a summary of information extracted from the unqualified annual accounts ofChildren’s World, which were approved by the Trustees on 27 October 2001 and which have been submitted to the Charity Commission. Anne Harris, Treasurer & Trustee   
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Giving