THE LITTLE PRINCESS TRUST

Charity number: 1113172
Removed charity

Charity overview

Activities - how the charity spends its money

Charity now operating as 1176160 from 01/08/18 due to change of charity structure to a CIO. For information after 31/07/18 please refer to The Little Princess Trust 1176160 The charity continues to provide wigs for children experiencing hair loss due to cancer treatment and other conditions. It also funds research into the treatment of childhood cancers by the provision of financial assistance.

Income and expenditure

Data for financial year ending 31 July 2018

Total income:
£4,928,689

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Donations and legacies £4.88m
Charitable activities £0
Other trading activities £0
Investments £49.38k
Other £0

Total expenditure:
£2,002,356

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Raising funds £157.09k
Charitable activities £1.81m
Other £39.67k

£49,383 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £196.75k
Charitable expenditure £1.81m
Retained for future use £2.93m

Fundraising

This charity raises funds from the public. It works with a commercial participator with an agreement in place. It does not work with a professional fundraiser.

Trading

This charity does not have any trading subsidiaries.

Trustee payments

One or more trustees receive payments or benefits from the charity for providing services to the charity.

What, who, how, where

What the charity does:
  • The Advancement Of Health Or Saving Of Lives
Who the charity helps:
  • Children/young People
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Advocacy/advice/information
Where the charity operates:
  • Throughout England And Wales
  • Ireland
  • Northern Ireland
  • Scotland

Governance

Registration history:
  • 06 March 2006: Standard registration
  • 14 April 2020: Removed (Funds transferred (incor))
  • 14 April 2020: Funds transferred to 1176160 THE LITTLE PRINCESS TRUST
Organisation type:
Other
Other names:
  • THE LITTLE PRINCESS CHARITY (Previous name)
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Complaints handling
  • Investment
  • Paying staff
  • Risk management
Land and property:
This charity owns and/or leases land or property

Financial history

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Financial period end date

Income / Expenditure 31/07/2014 31/07/2015 31/07/2016 31/07/2017 31/07/2018
Total gross income £1.51m £3.07m £4.62m £4.63m £4.93m
Total expenditure £331.35k £450.75k £708.98k £2.18m £2.00m
Income from government contracts N/A £0 £0 £0 N/A
Income from government grants N/A £0 £0 £0 N/A
Income - Donations and legacies £27.16k £3.06m £4.57m £4.59m £4.88m
Income - Other trading activities £1.47m £0 £19.22k £1.88k £0
Income - Charitable activities £0 £0 £0 £15.00k £0
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £9.36k £15.70k £29.01k £21.08k £49.38k
Income - Other £0 £0 £0 £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £313.70k £441.47k £683.29k £1.98m £1.81m
Expenditure - Raising funds N/A N/A £25.70k £197.63k £157.09k
Expenditure - Governance £2.28k £4.89k £2.28k £0 £6.46k
Expenditure - Grants institution £0 £0 £0 £0 £933.68k
Expenditure - Investment management £0 £3.18k £4.94k £0 £19.86k
Expenditure - Other £0 £0 £0 £0 £39.67k

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/07/2014 31/07/2015 31/07/2016 31/07/2017 31/07/2018
Own use assets £647 £1.18k £1.79k £20.22k £41.43k
Long-term investments £500.00k £553.78k £573.25k £2.19m £3.39m
Other assets £1.66m £4.27m £8.18m £9.15m £11.02m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £5.02k £5.46k £9.71k £61.78k £42.33k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 July 2019 Not submitted
Accounts and TAR 31 July 2019 Not submitted
Annual return 31 July 2018 19 June 2019 19 days late
Accounts and TAR 31 July 2018 19 June 2019 19 days late
Annual return 31 July 2017 19 January 2018 On time
Accounts and TAR 31 July 2017 19 January 2018 On time
Annual return 31 July 2016 05 April 2017 On time
Accounts and TAR 31 July 2016 05 April 2017 On time

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

DECLARATION OF TRUST DATED 12/11/2005 AS AMENDED BY RESOLUTION DATED 08/07/2007 AS AMENDED BY DEED DATED 27/03/2010 AS AMENDED BY DEED DATED 01/12/2012 AS AMENDED BY DEED DATED 14/06/2015

Charitable objects

TO PROVIDE WIGS AND HAIR PIECES FOR CHILDREN WHO HAVE SUFFERED HAIR LOSS DUE TO CANCER TREATMENT OR OTHER HAIR LOSS CONDITIONS. WHERE FUNDS ALLOW - TO PROMOTE RESEARCH INTO THE CAUSES OF CHILDHOOD CANCERS BY THE PROVISION OF FINANCIAL ASSISTANCE TO PROMOTE RESEARCH INTO MINIMISING THE EFFECTS OF CHEMOTHERAPY ON CHILDREN BY THE PROVISION OF FINANCIAL ASSISTANCE

Area of benefit

The area the charity can operate in, as set out in its governing document.

NOT DEFINED. IN PRACTICE WEST MIDLANDS, HEREFORDSHIRE, GLOUCESTERSHIRE, WORCESTSHIRE AND SHROPSHIRE