Trustee Report and Annual Financial Statements
The Family Holiday Charity publishes its Trustees Report and Annual Financial Statements in line with the requirements of the Charity Commission.
You can read summary information about the charity on the Charity Commission website or download the report below.
If you have any questions about the report or the charity’s financial position, please get in touch via hello@familyholidaycharity.org.uk or call 0203 117 0650.
A short summary of the information contained in the report is below.
Income and Expenditure
The charity is funded at different levels by a range of people, organisations, and initiatives.
In our 2023 financial period:
- We received £2,100,000 in income from fundraising and investments.
- We spent £1,660,000 on charitable activities, governance and fundraising.
Objectives, achievements and perfomance
This year we had a core focus on our impact, launching our updated Theory of Change in the early part of 2023 to clearly define and communicate the connection between our activities and our impact goals.
We performed a detailed analysis of the barriers to inclusion in tourism the families we support face and identified no less than 187 distinct barriers which we grouped into 12 dimensions – only one of which was about their finances. With this insight we followed up mid-year with an in-depth study to investigate the nature of those barriers and arm ourselves with a clear understanding of how families are affected in practice. We now have the basis to extend our services beyond direct holiday delivery to find new ways to help families participate in tourism and reach a wider audience than we could with our paid for holidays alone.
Delivery of holidays
Our core service delivery ran smoothly and successfully thanks to the operational improvements we have made in recent years. Overall, we supported 21% more families to have a holiday than our original target, with just over half of these holidays being funded as part of the second phase of our work with VisitEngland.
Fundraising
In fundraising we continued to focus on acquiring new donors and trialled a number of new approaches but the climate for fundraising proved challenging. Alongside our acquisition work we continued to strengthen our relationships with existing donors by running a thanking campaign for our regular givers and by improving the content of our newsletters to supporters to better connect them with the families their support has helped.
What’s next for Family Holiday Charity?
Following several years of operational development in our core service, 2024 will see us extend our activities in support of families.
We plan to:
- Launch non-holiday services aimed at new and existing audiences.
- Switch to an ‘always on’ year-round model for our paid for holiday service with new audience prioritisation criteria.
- Develop a new technology solution to enable us to use donated products for future services.
- Establish community partnerships and make joint funding bids for service delivery to specific audiences
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Impact Data and Report
Read more about our impact through our impact data and reports.