2021-05-31-accounts - Lennox Childrens Cancer Fund

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Lennox Chlldren's Cancer Fund Moking a p051rive diftorence to the live5 nl children iviih tancer Reg151rallon Nutnber IOJ1325 Annual Report and Accounts Year Ending 31 May 2021 www.lennoxccf.org.uk

Legal and Administrative Information
Our Mission
This Year's Highlights
Report of the Board of Trustees
Our Missions, Aims and Objectives
Achievements and Performance
Structure, Governance and Management
Covid-19 Disclosure and Going Concern	8-9
Statement ofTrustees' Responsibilities	10
Annual Accounts
Independent Auditor's Report	11-14
Financial Review	15
Plans for Future Periods	16
Statement ofFinancial Activities
Balance Sheet
Statement ofCash Flows
Notes tothe Financial Statements	20

Legal and	Legal and	Ad	ministrative	ministrative	Informatio
charity Name			Lennox Children's		Cancer Fund
Charity Registration		Number	1011325
Registered	Offfce		26 Hemmells
			Laindon
			Basildon
			Essex
			55156ED
Trustees			Mr I&i Davis		(Chair)
			Ms D Pierson
			Mr D Plato
			Mr M Brown		(Appointed 30April 2021)
Senior Management			V Fitzmaurice		(Chief Executive Officer)
Independent	Auditors		1&LSA LLP
			l&alamu House
			11Coldbath	Square
			London
			EC1R5HL
Banl&ers			Santander	Ul& Pic
			Bridle Road
			Rootle
			Merseyside
			L30468

stat•rnent of Trvstees, Responslbilities The Trltstees are I'e5ponsible for preparing a Truslee's report and the accounts in accordance with applicable law and United l<ingdom Accounting Standards (United l(ingdom Generally Accepted Accounting Practicel. The law applicable to charit.les in En8land and Wale5 requires the Trustee5 to prepare accounts for each fiiianclal year, which give a true and fair view of the state of affalrs of the charlty and of the incomlng resources and applicatlon of resources of the Charlty 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,. mal<e judgements and estimates that are reasonable and prudenl,. state whether applicable accounting standards have been followed, subject to any material departures dlsclosed and explalned in the accounts,. and prepare the accounts on the going concern basls unless it is inapproprlate to presume that the chèritywill eontinue in operatlon. The Trustees are responsible for l<eeping sufficient accounting records that dlsc105e with reasonable accuracy at any tlme the financial positlon of the charity and enable them to ensure that accounts comply with the Charltle5 Act 2011. the Charlty (Accounts and Report51 Regulations 2008 and the provisions of the Trust Deed. They are also responsible for safeguardin@ the as5et5 of the chartty and hence for teking reasonable steps for the prevention and detection of fraud and other irregularities. Statement as to di5c105ure to our audltors In 50 far as the Trustees are aware at the time of approving the Trustee5 Annual Report: there is no relevant information. belng information needed by the auditor in c(Innection with preparing their report, of whlch the group's auditor is unaware, and the Trustees, havlng made enquiries of fellow director5 and the group'5 auditor that they ought to have indivldually taken, have each taken &ll the steps that he/she Is obli8ed to take as a director in orderto rnal<e themselves aware of any relevant audit Informatlon and to establlsh that the auditor is aware of that information. Members of the Trustee Board Members of the Trustee Board, who served during the year and up to the date of this report, are set out on page The Trustee5 report was approved by the Board of Trust on: è/ 2n21 Mr K J Davis, Chair of Trustees Mr D W Plato, Trustee Referenc l. TlierewerearoundL859 n¢w¢asp5 vf cancerln chiklren ye3rlnth& UK In 1012-2014.th3Ys3rouiid fivec35es dl4¢npsEd everyd3y-Cancer Rese3rch UK, hltpJhWm.CanrresearChk.0rglheaIib-prOfeSsIOnJI/c3nCer-5stI(r1Oien5-c8r5Iln¢ldeTh¢eIJheBdlng-zero. at¢essed January 2020. Lennox Childreii'5 Cancer Fund Annual Report and Accourlts Year Ending 31 May 2021 100137

			Unrestricted	Restricted	Total	Unrestncied
			funds	funds		funds
			2021	2021	2021	2020
		Notes	6	E	E
Income and endowments	from:
Donations and legacies		3	539,824	27,000	566,824	655,441
Events		4				5,394
Investments		5				8
Other income		8	201,972		201,972	55,201
Total Income			741,796	27,000	768,796	716,044
Expenditure an:
Saifdins funds		7	280,836		280,836	285,938
Charitable activities		8	337,197	27,000	364,197	358,142
Total resources expended			618,033	27,000	645,033	644,080
Net incomefor theyearj
Netmovementin funds			123,763		123,763	71,964
Fund balances at1June 2020			84,331		84,331	12,367
Fund balances at31May 2021			208,094		208,094	84,331

								2020
				Notes
Fixed assets
Tangible assets							56,520		61,735
Current assets
Debtors					31732			15,600
cash at bank and in	hand				182,635			56,003
					214,367			71,603
Creditors: amounts	falling due
within one year					(31,665)			(13,915)
Net current assets							182,702		57,688
Total assets less current			liabilities				239,222		119,42
									3
Creditors.*amounts aftermore than one	falling due year			16			(31,128)		(35,092 )
Net assets							208,094		84)331
Income funds
Unrestricted funds							208,094		84,331
							208,094		84,331
The financial statements		were approved		by(he Trustees	. l~	Dec-e3
Mr KJ Davis				Mr D W	Plato
Trustee				Trustee

				2020
	Notes
Cash flows from operating	activities
Cash generated from operations			133,240		50,347
Investing activities
Purchase oftangible fined	assets	(3,327)
Investment income received
Net cash (used in)/generated frominvesting activities			(3,327)
Financing activities
Payment of obligations under finance
leases		(3,281)		(3,160)
Net cash used in financing	activities		(3,281)		(3,160)
Net increase in cash and cash equivalents			126,632		47,195
Cash and cash equivalents	at beginning ofyear		56,003		8,808
Cash and cash equivalents	atend ofyear		182,635		56,003

					Unrestncted	Restricted	Total	Unrestricted
					funds	funds		funds
					2021		2021	2020
					E		E
Donations	and gifts				539,824	27,000	566,824	655,441
Donations	and gifts
General donations		and telephone		appeals	489,931	27,000	516,931	566,845
Raffles, draws, competitions			and	collections	13,050		13,050	19,702
Gift aid recoverable					35,231		35,231	65,572
Other					1,612		1,612	3,322
					539,824	27,000	566,824	655,441

	Events
			Total	Unrestncted
				funds
			2021	2020
			E	E
	Fundraising	events		5,394
6	Investments
			Total	Unrestricted
				funds
			2021	2020
			E
	interest receivable
6	Other income
			Unrestricted	Unrestricted
			funds	funds
			2021	2020
			E	E
	Other income		201,972	55,201

			Unrestricted	Unrestricted
			funds	funds
			2021	2020
			f	6
Fundraisin	and	ublicit
Raffle prizes	and	promotion	2,083	4,018
Printing, stationery and postage			14,065	15,511
Events and production costs			2,794	'I5,622
Rent			7,359	6,303
Advertising			110	1,391
Other fundraising		costs	4,741	1,657
Staff costs			122,245	120,371
Supportcosts			123,232	115,514
Fundraising	and publicity		276,629	280,387
T~Ch
Support costs			4,207	5,551
			280,836	285,938

Charitable	A
		Charitable	Charitable
		Activities	Activities
		2021	2020
			9
Staffcosts		118,381	118,439
Printing, stationery Rent	and postage	10,703 5,000	15,992 4,950
Travel costs		6,080	15,117
Gifts		6,803	33,795
UpI&eep ofholiday homes Hire purchase interest Depreciation		58,487 2,700 3,494	24,026 3,364 3,494
		211,648	219,177
Grant funding ofactivities (see note 9)		34,589	26,786
Share ofsupport costs (see note 10) Share ofgovernance costs (see note 10)		113,753 4,207	106,628 5,551
		364,197	358,142
Analysis by fund Unrestricted funds		337,197	358,142
Restricted funds		27,000
		364,197	358,142
Grants Payable
		Charitable	Charitable
		Activities	Activities
		2021	2020
Grants to beneficiaries		34,589	26,786
		34,589	26,786

		SupportGovernsnce	SupportGovernsnce	2021	Support	Governance	2020
		costs	costs		costs	costs
		E	E			E
Staffcosts		184,663		184,663	179,285		179,285
Premises	costs	18,392		18,392	13,859		13,859
Communications		23,726		23,726	21,427		21,427
ITcosts		2,220		2,220	3,204		3,204
Depreciation		5,048		5,048	4,367		4,367
Other expenses		2,936		2,936
Audit fees			4,800	4,800		4,200	4,200
Legal and	professional		3,614	3,614		6,902	6,902
		236,985	8,414	245,399	222,142	11,102	233,244
Analysed	between
Fundraising		123,232		123,232	115,514		115,514
Trading			4,207	4,207	-	5,551	5,551
Charitable	activities	113,753	4,207	117,960	106,628	5,551	112,179
		236,985	8,414	245,399	222,142	11,102	233,244

Number ofemployees Theaverage monthly number ofemployees
	2021	2020
	Number	Number
Chief Executive Officer		1
Family Support Manager Accounts and lT Manager Counselling, advice and information Fundraising Administration and support		1 1 3 10 3
	19	19
Employment costs	2021 6	2020
Wages and salaries Social security costs Other pension costs	386,479 29,134 9,676	381,576 29,086 7,433

				Leasehold	Fixtures andllilobile	Ho/iday	Total
				land and	fittings	Home
				buildings
				6
Cost
At1 June		2020		50,000	6,859	61,995	118,854
Additions					3,327		3,327
At 31 May		2021		50,000	10,186	61,995	122,181
Depreciation and impairment
At 1 June		2020		36,667	6,859	13,593	57,119
Depreciation charged			in the year	1,667	681	6,194	8,542
At 31May		2021		38,334	7,540	19,787	65,661
Carrying	amount
At 31May		2021		11,666	2,646	42,208	56,520
At31May		2020		13,333		48,402	61,735

The mobile holiday home was p information. l4 Debtors	urchased under hire pur	chase. Please refer	to note 17for mo	re
			2021	2020
Amounts falling due within one year:			6
Other debtors			31,732	15,600
15 Creditors: amounts	falling due		2021	2020
within one year
		Notes
Obligations under finance leases			4,246	3,563
Other taxation and social security			800	910
Trade creditors			678	1,296
Other creditors			5,676	3,946
Accruals and deferred income			20,265	4,200
			31,665	13,915

18	Creditors:	amounts	falling due after		2021	2020
	more than	one year		Notes
	Obligations under	finance leases		17	31,128	35,092
17	Finance lease commitments
	Future minimum	lease payments	due under finance leases:		2021	2020
					8
	Within one year Within two and five years ln over five years				4,246 19,872 11,256	3,562 18,267 16,826
					35,374	38,655

At the reportng under non-cancellable operating leases, which fall due	as follows:
		2020
		8
Within one year Between two and five years	10,000	10,000 10,000
	10,000	20,000

			2021	2020
			8	6
Aggregate	compensation		49,614	44,807
No trustee	received any remuneration	during the year.

remuneration of 537,87	1through PAYE (2020:536,507)as shown b	elow;
	Power by which the payment
	is permitted		2020
			5
Kevin Fitzmaur ice	Employed by trustees	30,988	29,480
Victoria Fitzmaudice	Employed by trustees	6,883	7,027

Cash generated from operations	Cash generated from operations	Cash generated from operations	2D21 5	2D20 6
Surplus forthe year			123,763	71,964
Adjustments for:
Investment income recognised		in statement offinancial activities		(8)
Depreciation and impairment oftangible fixed assets			8,542	7,861
Movements in working	capital:
(Increase) in debtors			(16,132)	(11,597)
Increase/(decrease) in	creditors		17,067	(17,873)
Cash generated from	operations		133,240	50,347