CHERRY LODGE CANCER CARE LIMITED
TRUSTEES. REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Registered Charity number
1011629
Company number
2700192

CHERRY LODGE CANCER CARE LIMITED
TRUSTEES, REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
CONTENTS
Pages
Reference and Administrative Details
Trustees, Report
2-10
Independent Auditorfs Report
11-13
Statement of Financial Activities
14
Balance Sheet
15
Statement of Cash Flows
16
Notes to the Accounts
17-25

CHERRY LODGE CANCER CARE LIMITED
REFERENCE AND ADMINISTRATIVE DEfAILS
Charity number:
1011629
Company number:
2700192
Registered office:
23 Union Street
Howard House
Barnet
Hertfordshire
EN5 4HY
Trustees..
Sarah Armitage (Co-chair)
Catherine Braddish
Dr Katherine Edwards {Co-Chair}
Graeme Gibson (Assistant Hon. Treasurer)
Carole Manning (Hon. Treasurer)
Carol Mccalla
Ruth Midgley (Web editor)
Auditor:
Geary Partnership
Chartered Accountants
159a Chase Side
Enfield
Middlesex
EN2 OPW

CHERRY LODGE CANCER CARE LIMITED
TRUSTEES, REPORT
(incorporating DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees (who are also Directors of the Charity for the purposes of the Companies Act) present their
annual report together with the accounts of Cherry Lodge Cancer Care Limited for the year ended 31
December 2023.
The accounts have been prepared in accordance with the accounting policies set out in note I to the accounts
and comply with the Charity's deed of trust, the Companies Act 2006, the statutory requirements of the
Company's governing document, and the provisions of the Statement of Recommended Practice applicable to
charities preparing their accounts in accordance with Financial Reporting Standard 102 {1 January 2019).
Mission Statement
Cherry Lodge Cancer Care exists to enhance and complement the treatment offered to individuals living with
cancer, their carers, family and friends, within the London Borough of Barnet and South Hertfordshire.
The Charity was established by a group of health care professionals and others with personal experience of
cancer. The objective of the Charity is to offer care and comfort to those on their cancer journey by providing
easy access to specialist information and support along Wlth complementary therapies. The aim is to help
improve quality of life, promote well-being and encourage a strong resolve for self-help.
The service is designed to be person-centred, non-judgemental and available to all in need, on request,
completely free of charge for as long as it is needed.
Structure, governance and management
The Charity is constituted under a deed of trust which was adopted on 9 March 1992. The Charity is a company
limited by guarantee as defined by the Companies Act 2006, and is governed by its Memorandum and Articles
of Association.
The power of appointing and removing Trustees, who are also Directors of the Company, is vested in the
members of the Company. The Trustees have the power at any time to appoint any person to be a Trustee
either to fill a casual vacancy or as an additional Trustee. However, the total number of Trustees must not
exceed a maximum number fixed in accordance with its Articles of Association. Any Trustee appointed shall
hold office only until the next Annual General Meeting when they will be eligible for re-election.
The Trustees who served during the year and up to the date of this report were..
Sarah Armitage (Co-chair)
Catherine Braddish
Dr Margaret Clark (former Chair) (resigned 31 December 20231
Dr Katherine Edwards (Co-chair)
Graeme Gibson {AsSlStant Hon. Treasurer)
Carol Mccalla (appointed 14 March 20231
Carole Manning {Hon. Treasurer)
Ruth Midgley (Web editor)
Grant Whitaker {resigned 19 March 2024)

CHERRY LODGE CANCER CARE UMITED
TRUSTEES, REPORT, continued
FOR THE YEAR ENDED 31 DECEMBER 2023
Structure• governance and management. continued
All Trustees give their time voluntarily and receive no remuneration or other benefits from the Charity.
None of the Trustees have any beneficial interest in the Company. All of the Trustees are members of the
Company and guarantee to contribute £1 in the event of a winding up.
The Trustees have assessed the major risks to which the Charity is exposed. and are satisfied that systems are
in place to mitigate exposure to the major risks.
In planning activities for the year the Trustees have kept in mind the Charity Commission's guidance on public
benefit. As outlined in the Mission Statement, the provision of support and information, complementing the
treatment and care received from the NHS and other agencies, is the major objective.
Staff Members
Patrons
Medical Patrons
Olivia Bannon (Cherry Lodge Nurse) Janet Doyle-Blunden
Alessia Biciocchi Icounsellorl
Mr Muhammed Al-Dubaisi
Lady Pamela Kalms, OBE
Susan Brady (Shop Manager)
Dr Philippa Curran
Dame Helen Mirren
Annys Douglas (Assistant Shop
Dr Sian Davies
Aubrey Rose, CBE
Manager)
Dr Rob Glynne-jones
Julia Somerville
Nisha Jain (Financial and Fund-
Dr Andy Nicol
raising Assistant)
The Right Hon. Theresa Villiers MP Professor Hilary Thomas
Fiona Kiddle (Macmillan Cancer
Professor Stephen West
Information Nurse)
Dr Robert Winter
Kirsty Mabb (Macmillan Cancer
Outreach Information Nurse)
Sheila Mundy (Shop Assistant)
Tina Papasavva (Charity Admin-
istrator and Fundraising Events
Co-ordinator)
Linda Patrick {Operations Manager,
from October)
Sarah Quilley (Temporary Assistant
Manager, sickness cover)
Yvonne Shield (Macmillan Home
Visiting Service and Volunteer
Co-ordinator)
Lorraine Takaira (Cancer Inform-
ation and Support Secretary
to the Nurses}

CHERRY LODGE CANCER CARE LIMITED
TRUSTEES, REPORT, continued
FOR THE YEAR ENDED 31 DECEMBER 2023
Objective5 and activities
The diagnosis of cancer can be devastating and often our members (the people who use our services) need
support and information and someone else to talk to other than the hospital specialists about their treatment.
Some members may just need an initial conversation with one of our nurses while others may want to follow
up their visits with therapies, activities or group sessions at the Centre. There is a huge boost for a newly
diagnosed person to meet someone who is now living a normal active life after being supported by the team at
Cherry Lodge. Throughout 2023 we were again able to see members face to face, to continue offering walk
and talk and telephone consultations, and to provide sessions with therapists at the Centre. Many of the staff
have been able to combine working from home with working at the Centre, now fully opened for visltors.
We have a very effective support team, made up of staff, volunteers and therapists, which provides services to
meet members, needs. There is also a fundraising team and the Cherry Lodge shop in Church Passage, Barnet,
which are both very important as we receive no public funding. Monies are raised via the annual Chairfs
appeal, legacies, events by others and event5 organised by the fundraising team. We are also supported by a
local breakfast club and the Summer Soulstice along with so many other events by others.
We could not offer what we do for our members without the amazing team of volunteers who give up their
time for free to work at the Centre, in the shop, at fundraising events, as therapists and befrienders, and in
other important ways.
The Trustees {als0 volunteers) oversee the running of the Charity. The Board was led until the end of 2023 by
our founder, Dr Margaret Clark, who resigned as a Trustee and Chair of Cherry Lodge Cancer Care after 28
years. We all value the inspiration and support she has given to the charity over so many years. She leaves us
with a great legacy for the future care of members living with cancer.
Achievements and performance
Cherry Lodge Cancer Care continues to provide a highly respected information and support service for people
at all stages of their cancer journey, from diagnosis onwards. We work alongside the clinical care of the NHS,
providing up to date medical information and offering a wide range of complementary therapies and activities.
Our services, for new and long-term members, are particularly important in what are diff icult times for many
people.
After the challenges of Covid, we were very pleased to reopen our Centre fully in 2023. Although telephone
appointments are still available, increasing numbers of members now attend the Centre, which is what we are
here for. In 2023, 189 new people met with one of our nurses for assessment, with 149 of them registering to
become members to take advantage of our various services in the longer term. 'Walk and Talk, meetings175}
were held as an alternative to meeting with a nurse at the Centre. Among the 40 people who chose not to
register were individuals signposted to access services provided by other, specific organisations.
The delivery of in-house therapies in 2023 was still below pre-covid levels but new therapists were taken on
and volume increased. Appointment numbers for key therapies are included here in brackets: Acupuncture
1879},. Counselling/Hypnotherapy 14521,. Massage 1780},' Reiki {185},. Reflexology 14501. There were also
sessions (via Zoom or off-site} of Pilates134), Seated Yoga1371, Circle Dancing, Laughter Wellness, and Sound
Healing112).

CHERRY LODGE CANCER CARE LIMITED
TRUSTEES, REPORT, continued
FOR THE YEAR ENDED 31 DECEMBER 2023
Achievements and performance, continued
Mindfulness courses were held via Zoom14 x 6 weeks) and then, in October, in person at the Centre11 x 6
weeks). Groups for people with Specific cancers met initially via Zoom and later in the year sometimes in
person: Lymphona group {31, Men's group131, Ovarian support group141, Moving on group {11). The Carers,
support group met via Zoom throughout the year112).
Our Outreach Services also took a hard hit during Covid, when many community centres were forced to close.
This area of our work, serving Barneys most vulnerable population groups, also saw the beginnings of a
recovery in 2023, with 524 sessions with the nurse and 330 acupuncture appointments.
Cherry Lodge Stories, 2023
For this Annual Report, we have invited members of the Cherry Lodge family to write their own stories of
2023. By describing their various roles, they provide a useful insight into our Charity's many activities.
Fiono Kiddle
I have been the Macmillan Cancer Information Nurse here at Cherry Lodge for 23 years. l am primarily
responsible for any of our members coming to Cherry Lodge, including new member assessments, answering
telephone enquiries about cancer, and providing continued follow-up and support for those who have
accessed the Centre.
l oversee the provision of services provided at Cherry Lodge, particularly our counselling and complementary
therapies. I work closely with the Cherry Lodge Macmillan Outreach Nurse, the Cherry Lodge Nurse, the
Befriending and Volunteer Manager, and the Information and Support Secretary. Together we work as a team
aiming to provide high quality services and care to our members.
Over the years, the role has changed as the cancer world has evolved further. Diagnostic pathways have
become more complex and treatments more intense, with extended treatment plans that have a greater
impact on our members, social, physical and psychological wellbeing. NHS services are stretched, which has
put a greater demand on the need for the follow-up and supportive services that we endeavour to provide.
Kirsty Mabb
In my role as Cherry Lodge Macmillan Outreach Nurse, I focus my work to the west of the borough, where I
hold drop-in sessions in community centres, where no appointment is needed for people living in the
Cricklewood, West Hendon, Colindale and Burnt Oak areas.
I see people who need to discuss their cancer diagnoses, treatments and choices, and also those who need
support beyond, or as a result of, cancer treatment. l invite people to attend/register with Cherry Lodge if they
W15h; but I manage many of them closer to their homes. l also see "worried well" people with symptoms that
could be suggestive of a cancer, and l escalate these to the GP immediately. I try to ensure that people are
conversant with cancer symptoms and are taking up their cancer screening.

CHERRY LODGE CANCER CARE LIMITED
TRusfEES' REPORT, continued
FOR THE YEAR ENDED 31 DECEMBER 2023
Cherry Lodge Stories, 2023, continued
Kirsty Mabb, continued
Additionally, I co-ordinate the weekly outreach acupuncture service, which is provided by Dr Kiran Gargesh at
Barnet Multicultural Centre. This is an invaluable service for people currently going through cancer treatment,
which stops them having to travel to the Cherry Lodge Centre. l also arrange occasional workshops and
speakers for the target audience, which are always well-attended. Once a month I facilitate an evening support
group ICornflower} in Burnt Oak, and arrange therapists and activities for the participants. I do a limited
number of home visits for people whose conditions may have deteriorated and link them in to community
services.
When not doing outreach, l am at the Cherry Lodge Centre in Barnet, seeing new and existing members,
helping with the day to day running of the service, doing reviews and supervision meetings with therapists and
counsellors, and generally being a nuisance. No two days are ever the same!
Tina Papa5avvo
l am the Fundraising Events Organiser/Charity Administrator and have been in the role for many years, during
which time I have built up a network of loyal supporters. Because our Charity does not receive any
government funding, fundraising is a vital strand to the continuation of Cherry Lodge.
I have a very supportive and devoted fundraising team assisting me every step of the way. Two new annual
events were introduced in 2023: the Easter Walk and Stall and a Sponsored Swim, which included members,
volunteers and the local community.
2023 was a very active year for the team working on seasonal events. These included Cherry Lodge's Lights of
Love, Christmas Fair and Pink Tombola, bringing us all together at special times. Sponsored events also
flourished in 2023 thank you to everyone who took part and for the sponsorship received. Cherry Lodge
runners in the 2023 London Marathon raised a very impressive £15,000.
Cherry Lodge is honoured to have supporters putting on third-party events for us throughout the year and is
extremely grateful for all the support we receive from local businesses. Money raised by Barnet's award-
winning Summer Soulstice festival funds our Outreach Nurse and sponsorship of the van. It is great for Cherry
Lodge representatives to be present and volunteer on the actual day and be part of the Soul Family which we
so appreciate.
We send thanks to friends and families of Cherry Lodge, who attend events, donate much needed prizes and
buy raffle tickets. Generous donations were made in response to the Chair's Appeal, with others given in
memory of loved ones or simply to show appreciation of Cherry Lodge services. We are grateful to the ongoing
support of our MP, Theresa Villiers.
All the above help us to do what we do best, supporting those on the cancer journey.

CHERRY LODGE CANCER CARE LIMITED
TRUSTEES, REPORT, continued
FOR THE YEAR ENDED 31 DECEMBER 2023
Cherry Lodge Stories. 2023, continued
Yvonne Shield
My role at Cherry Lodge includes managing the Home Visiting (Befriending) service, attending the off-site
Drop-in group, and working as Volunteer Co-ordinator.
Befriending- This service supports people who are lonely or whose family might wish them to receive
additional visits. Our volunteer befrienders provide a flexible service, seeing people at home, in a nursing
home or in hospital. Since the pandemic, we have continued to include telephone contact but the service is
primarily face to face. During 2023, befrienders visited 18 people once a week (with a commitment to do so
for 18 months). There are regular team meetings four times a year and contact/supervision, attended by all
befrienders, is given on a regular bas1S.
Drop-in: The group relocated during 2023 to Christ Church, St Albans Road, EN5 4AL. At least 11 people attend
every week and sometimes it can go up to 15. Many people arrive for coffee at 10.15am and remain there for
lunch l As well as introducing new members to the group, I pass on messages to keep the nurses up to date
with the medical status of members. l also ensure attendees are up to date with Cherry Lodge news and are
given the opportunity to attend events and talks.
Volunteers: New volunteers with a wide range of skills were recruited in 2023. DBS checks are carried out on
all volunteers and training is offered to everyone according to their role. Two induction sessions were held
during the year. We currently have 113 volunteers of all ages, races and abilities, who help in many different
ways. Volunteer roles include administration, reception, being a member of the fundraising committee,
helping at events, providing therapies or counselli ng, befriending, driving, gardening, serving as a trustee, and
of course working in our charity shop. 2023 saw the introduction of a new initiative: recruiting volunteers to
drive people to medical appointments or to the Cherry Lodge Centre. This has proved very useful as many
people cannot access public transport.
Charlotte Bolozs
I have been a volunteer at Cherry Lodge since May 2017, primarily working as a receptionist at Howard House.
I moved to High Barnet when I retired and was determined to become immersed in my new community. I live
at New Ground Cohousing Community in Union Street and, in early 2017, Yvonne Shield visited us hoping to
find new volunteers. The rest is, so to speak, history!
I currently work on Thursdays when most members visit for acupuncture with Dr Kiran Gargesh as well a5 for
reiki and reflexology with other therapists. Working a regular day, I get to know members and they, in turn,
get to see the same face when they arrive at the front door. l am conscious that as a receptionist l am
frequently the first person members encounter and it is so important to make them feel welcome and in a safe
space. Offering a cup of tea is a good ice breaker.
In 2023 1 arranged for BBC Radio London journalist Anna O'Neill to interview me at Howard House about my
role as a Cherry Lodge volunteer- invaluable publicityl
It's an absolute privilege to be a Cherry Lodge volunteer as well as great fun. I cannot imagine not being a
Cherry Lodge volunteer.

CHERRY LODGE CANCER CARE LIMITED
TRUSTEES, REPORT, continued
FOR THE YEAR ENDED 31 DECEMBER 2023
The Cherry Lodge shop
The shop has always been very important to the Charity as it gives us a presence on the High Street in Barnet
and makes us feel part of the local community. We receive many good donations and have a very loyal team of
volunteers and staff who work hard in the shop. The unit is small and can sometimes be overwhelmed with
donations, making it necessary for us to close the shop temporarily for them to be sorted - people are advised
to phone in advance. Trading has also sometimes been interrupted by building work issues.
We successfully renewed the shop lease in July 2023 for a term of seven years, with a break option after four
years.
Financial review
The trustees report a surplus for the year of £46,857 compared with a surplus of £445,887 in the previous
year.
Total income for the year was £465,135 compared with £906,310 in the previous year, the reduction being
largely due to legacies. Legacies of £591,338 were received in 2022, £180,125 in 2023.
Total expenditure for the year increased from £377,797 to £449,252. The increase is largely accounted for by
the costs of additional staff whose employment is made possible by the very generous legacies.
The Charity held bank and cash balances of £614,854 {2022 £880,784) and readily-realisable investments of
£885,618 12022 £604,644) at 31 December 2023. Of these amounts, approximately one-third has been
designated by the Trustees for specific purposes to secure the present operations of Cherry Lodge for the
foreseeable future.
Reserves policy
Cherry Lodge continues to operate in a competitive market for raising funds whether it is from events, retail
outlets or general donations. The Trustees have carefully considered the risk factors with regard to future
income generation, and have agreed that the charity should continue to hold £400,000 in reserves to cover a
12 month period of running costs. This ensures that in the event of a reduction in income or an unexpected
expense, the charity can protect its much needed services, whilst sourcing alternative funding streams. An
additional £156,735 is set aside for the uses detailed in note 9 to the accounts. Trustees have agreed that the
most appropriate policy at present is to maintain all such funds in the form of bank deposits and readily
realisable investments.
The reserves policy is monitored throughout the year. Trustees are continually reassessing the services and
facilities of the charity and looking to its long-term future, both in terms of financial stability and service
provision.

CHERRY LODGE CANCER CARE LIMITED
TRUSTEES, REPORT, continued
FOR THE YEAR ENDED 31 DECEMBER 2023
The future
We will review our aims, objectives and activities each year. We will look at what we have achieved and review
the benefits we have brought to our members. This will help us plan our future activities.
In future planning, the Trustees are minded of the Charity Commission's guidance on public benefit as outlined
in our Mission Statement. Our aim is to plan and offer services based upon our members, needs as we support
them, complementing the treatment they are receiving from the NHS or other agencies. We will always
provide our support services for free.
The Trustees, staff and Operations Manager are mindful of the cost of living crisis affecting all members of our
community and that a cancer diagnosis can have a huge impact upon this. Individuals, wellbeing and mental
health are also affected so we are looking to increase counselling and therapies to support wellbeing.
We aim to consult with other cancer charities and with our members to see what new services we can offer
and bring our services back to, or beyond, what we were offering before Covid restrictions closed down many
activities.
We continue to develop our web51te, www.cherrylodgecancercare.org.uk, to inform people of the services we
provide and news and articles about our events.
We send a huge thank you to all who support, fund, volunteer and bring their individual style to the family of
Cherry Lodge Cancer Care.
Statement of Trustees, responsibilities
The Trustees, who are Directors for the purposes of company law, are responsible for preparing the annual 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 financial statements for each financial year. Under company law
the Trustees must not approve the financial statements unless they are satisfied that they 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 those financial
statements, the Trustees are required to..
select suitable accounting policies and apply them consistently;
observe the methods and principles of the Charities Statement of Recommended Practice;
make judgments 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 financial statements; and
prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will
continue in operation.

CHERRY LODGE CANCER CARE LIMITED
TRusfEES' REPORT, continued
FOR THE YEAR ENDED 31 DECEMBER 2023
Statement of Trustees, responsibilities, continued
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at
any time the financial position of the charitable company and to enable them to ensure that the account5 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.
Disclosure of information to auditors
The Trustees have confirmed that there is no information of which they are aware which is relevant to the
audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate
steps to identify such relevant information and to establish that the auditor is aware of such information.
The Trustees declare that they have approved the Annual Report.
Signed on behalf of the Board of Trustees by:
Sar
rmitage (Co-chair)
Date: 25 June 2024
io

INDEPENDENT AUDITOR'S REPORTTO THE MEMBERS OF
CHERRY LODGE CANCER CARE LIMITED
Opinion
We have audited the financial statements of Cherry Lodge Cancer Care Limited for the year ended
31 December 2023 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of
Cash Flows and the related notes, including a summary of significant accounting policies. The financial
reporting framework that has been applied in their preparation is applicable law and United Kingdom
Accounting Standards, including Financial Reporting Standard 102 The FinanciGI Reporting Standard applicable
in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
give a true and fair view of the state of the charitable company's affairs as at 31 December 2023 and
of its incoming resources and application of resources, including its income and expenditure, for the
year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice: and
have been prepared in accordance with the requirement5 of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing {UKIIISAs{UK)) and applicable
law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the
audit of the financial statements section of our report. We are independent of the charitable company in
accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK,
including the FRC'S Ethica I Standard, and we have fulfilled our other ethical responsibilities in accordance with
these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to
provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the Trustees, use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to
continue as a going concern for a period of at least twelve months from when the financial statements are
authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the
relevant sections of this report.
Other information
The other information comprises the information included in the Trustees, Report, other than the financial
statements and our auditor's report thereon. The Trustees are responsible for the other information contained
within the Trustees, Report. Our opinion on the financial statements does not cover the other information
and, except to the extent othe￿ise explicitly stated in our report, we do not express any form of assurance
conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the
other information is materially inconsistent with the financial statements or our knowledEe obtained in the
course of the audit or otherwise appears to be materially misstated. If we identify such material
li

Independent Auditorfs Report to the members of
Cherry Lodge Cancer Care Limited, continued
Other information, continued
inconsistencies or apparent material misstatement5, we are required to determine whether there is a material
misstatement in the financial statements themselves. If, based on the work we have performed, we conclude
that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
the information given in the Trustees, Report lincorporating the directors, report) for the financial year
for which the financial statements are prepared is consistent with the financial statements; and
the directors, report has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained in
the course of the audit, we have not identified material misstatements in the directors, report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006
requires us to report to you if, in our opinion:
adequate accounting records have not been kept, or returns adequate for our audit have not been
received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns,. or
certain disclosures of directors, remuneration specified by law are not made,. or
we have not received all the information and explanations we require for our audit,. or
the Trustees were not entitled to prepare the financial statements in accordance with the small
companies, regime and take advantage of the small companies, exemptions in preparing the directors,
report.
Responsibilities of Trustees
As explained more fully in the Statement of Trustees, Responsibilities set out on pages 9 and 10, the Trustees
(who are also the directors of the charitable company for the purposes of company law) are responsible for
the preparation of the financial statements and for being satisfied that they give a true and fair view, and for
such internal control as the Trustees determine is necessary to enable the preparation of financial statements
that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the Trustees are responsible for assessing the charitable company's
ability to continue as a going concern, disclosi ng, as applicable, matters related to going concern and using the
going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to
cease operations, or have no realistic alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free
from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our
opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in
12

Independent Auditorfs Report to the members of
Cherry Lodge Cancer Care Limited, continued
Auditor's responsibilities for the audit of the financial statements, continued
accordance with ISAS {UK) will always detect a material misstatement when it exists. Misstatements can arise
from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be
expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud. are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of
irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities,
including fraud, is detailed in the following paragraph.
Procedures capable of detecting irregularities performed during our audit included..
tests to ensure all bank transactions have been accounted for and bank balances reconciled;
examination of donor correspondence, website descriptions of fund-raising events and initiatives,
shop till records and returns, gift aid records, and investment managers, statements, to ensure that
income is fully recorded;
verification of legitimacy of expenditure by reference to invoices, statements, payroll records and
correspondence;
examination of title records to ensure a55et5 have not been misappropriated;
tests of analysis to satisfy ourselves that ledger balances are reasonable and in line with expectations.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including
those leading to a material misstatement in the financial statements or non-compliance with regulation. This
risk increases the more that compliance with a law or regulation is removed from the events and transactions
reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance.
The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves
intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements Is provided on the
Financial Reporting Council's website at www.frc.org.uk/auditors/audit-assurance/auditor-s-responsibilities-
for-the-audit-of-the-fi/description-of-the-auditorYoE2Yo80%99s-responsibilitie5-for. This description forms part
of our auditorfs report.
Use of our report
This report is made solely to the charitable companVs members, as a body, in accordance with Chapter 3 of Part
16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable
companVs members those matters we are required to state to them in an auditor's report and for no other
purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
the charitable company and the charitable company's members as a body, for our audit work, for this report, or
for the opinion we have formed.
Andrew G
ry BSC FCA
Senior Statutory Auditor
for and on behalf of:
Geary Partnership
Statutory Auditor and Chartered Accountants
159a Chase Side, Enfield, EN2 OPW
Date: 25 June 2024
13

CHERRY LODGE CANCER CARE LIMITED
STATEMENT OF FINANCIAL AcfiviTIES
(incorporating INCOME AND EXPENDITURE ACCOUNT}
FOR THE YEAR ENDED 31 DECEMBER 2023
Total
funds
2023
Total
funds
2022
Unrestricted Designated Restrirted
funds
funds
funds
Notes
INCOME AND EXPENDITURE
Income from:
Donations and legacies
Charitable activities
Other trading activities
Investments
49,781
92,538
93,240
4,576
175,000
50,000
224,781
142,538
93,240
4,576
669,242
143,013
93,484
571
Total income
240,135
225,OCrf)
465,135
906,310
Expenditure on:
Raising funds
Charitable activities
150,813
226,668
1,671
70,100
152,484
296,768
133,421
244,376
Total expenditure
377,481
71,771
449,252
377,797
Net income/(expenditure) before
net gains/(losses} on investments
{137,3461
153,229
15,883
528,513
Net gains/llossesl on investments
30,974
30,974
182,626}
Net income/lexpenditure)
1106,372)
153,229
46,857
445,887
Transfers between funds
Other recognised gains/(losses)
Net movement in funds
1106,3721
153,229
46,857
445,887
RECONCILIATION OF FUNDS
Total funds brought forward
at l January 2023
1,804,053
556.735
89,006 2,449,794 2,003,907
Total funds carried forward
at 31 December 2023
1,697,681
556,735
242,235 2,496,651 2,449,794
14

CHERRY LODGE CANCER CARE LIMITED
BALANCE SHEET AT 31 DECEMBER 2023
2023
2022
Notes
Fixed assets
Tangible assets
Investments
996.956
885,618
991,407
604,644
1,882,574
Current assets
Stock
Debtors
Cash at bank and in hand
1,596,051
1,000
33,923
614,854
1,000
13,700
880,784
649,777
Creditors: amounts falling due
within one year
895,484
135,7001
141,741)
Net current assets
614,077
853,743
Total assets less current liabilities
2,496,651
2,449,794
Net assets
2,496,651
2,449,794
Funds
Unrestricted funds..
General fund
Designated fund5
Revaluation reserve
Investment fair value reserve
1,097.858
556,735
597,803
2,020
1,229,225
556,735
603,782
128,9541
2,254,416
242,235
Restritted funds
2,360,788
89,006
2,496,651
2,449,794
Approved by the Board of Trustees on 25 June 2024 and signed on their behalf by:
Sarah Armitage
Trustee
Carole Manning
Trustee
Company number.. 2700192
15

CHERRY LODGE CANCER CARE LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
Notes
Net cash generated by/(used in) operating activities
li
1,491
548,535
Cash flows from investing artivities:
Proceeds from sale of fixed assets
Purchase of fixed assets
Purchase of investments
7,000
124,4211
{250,000)
Net cash (used inl investing activities
1267.4211
Net (decrease)/increase in cash and cash equivalents
1265,9301
548,535
Cash and cash equivalents at beginning of year
880,784
332,249
Cash and cash equivalents at end of year
614,854
880,784
Reconciliation to cash at bank and in hand
Cash at bank and in hand
Cash equivalents
614,854
880,784
Cash and cash equivalents
614,854
880,784
16

CHERRY LODGE CANCER CARE LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
I ACCOUNTING POLICIES
a) Basis of preparation of accounts
The Charity is a public benefit entity. Its accounts have been prepared under the historical cost convention as
modified by the revaluation of land and buildings and investments, and in accordance with 'Accounting and
Reporting by Charities: Statement of Recommended Practice, (Charities SORPI applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 1021 (effective l January 20191, and the Companies Act 2006.
b) Income
Income is included in the Statement of Financial Activities when the Charity is legally entitled to the income, its
receipt is probable, and the amount can be quantified with reasonable accuracy.
Grants received are accounted for once conditions for receipt have been complied with. Where there are no
conditions, grants are accounted for when due.
Legacies are accounted for when the conditions of probability of receipt, measurement and entitlement have
been met.
c} Expenditure
Expenditure is accounted for on an accruals basis. Costs are allocated between the expenditure categories of the
Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating to a particular
activity are allocated directly, others are apportioned on an appropriate basis.
Expenditure on raising funds comprises the costs associated with fundraising and the costs of trading activities.
Expenditure on charitable activities comprises all expenditure incurred directly in pursuance of the Charity's
charitable objectives.
Governance costs are those costs incurred in connettion with administration of the Charity in respect of
compliance with constitutional and statutory requirements.
d) Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Gains or losses arising on
revaluation are taken to a revaluation reserve. Depreciation is provided at rates calculated to reduce the value of
each asset to its estimated residual value over it5 expected useful life, as follows..
Freehold land- not depreciated
Freehold buildings- 2% straight line
Motor vehicles- 200A on reducing balance
Computer equipment- 20% on reducing balance
Fixtures, fittings and equipment- 20¥0 on reducing balance
17

CHERRY LODGE CANCER CARE LIMITED
NOTES TO THE ACCOUNTS, continued
FOR THE YEAR ENDED 31 DECEMBER 2023
I ACCOUNTING POLICIES, continued
e) Investments
Listed investments are stated at market value at the balance sheet date. Gains or1055es on revaluation during
the year are reflected through the statement of financial activities and the fair value reserve.
fj Stock
Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.
g) Financial instruments
A financial asset or a financial liability 15 recognised only when the Charity becomes a party to the contractual
provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the
arrangement constitutes a financing transaction, when it is recognised at the present value of the future payments
discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently
measured at amortised cost.
h) Lease rentsls
Operating lease rentals, where substantially all of the risks and rewards of ownership remain with the lessor, are
charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
i) Pensions
The Charity operates a defined contribution pension scheme for its employees. The assets of the scheme are held
separately from those of the Charity. The annual contributions are charged to the Statement of Financial Activities
as they fall due.
j) Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees.
The revaluation resenie is part of unrestricted funds.
Designated funds are set aside out of unrestricted funds by the Trustees for specific purposes.
Restricted funds can only be used for particular restricted purposes within the objects of the Charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in note 9 to the accounts.
k) Taxation
The Charity is exempt from corporation tax on its charitable activities.
18

CHERRY LODGE CANCER CARE LIMITED
NOTES TO THE ACCOUNTS, continued
FOR THE YEAR ENDED 31 DECEMBER 2023
2 INCOME
Unrestrirted Designated Restricted
Funds
funds
funds
Total
2023
Total
2022
Donation5 and legacies
Donations
Legacies
Gift Aid tax rebate
15,883
5,125
28,773
15,883
180,125
28,773
46,745
591,338
31,159
175,000
49.781
175,000
224,781
669,242
Charitable activities
Fundraising events
92,538
50,000
142,538
143,013
Other trading activities
Shop income and merchandising
93,240
93,240
93,484
Investments
Interest and dividends receivable
4,576
4,576
571
3 EXPENDITURE
Unrestricted Designated Restricted
Funds
funds
funds
Total
2023
Total
2022
Raising funds
Costs of fundraising
Shop costs
58,364
92,449
58,364
94,120
50.557
82,864
1,671
150,813
1,671
152.484
133,421
Charitable activities
Home visits and outreach
Information and support
Therapies and patient care
Governance costs {including auditor's
remuneration £3,420 (2022 - £3,300)
49.724
52,603
118,017
44,743
94.467
52,603
143,374
88,687
40,902
111,487
25,357
6,324
6,324
3,300
226,668
70,100
296,768
244,376
Non-audit fees paid to the auditor for other professional setvices provided amounted to £1,852 {2022- £1,507)
The rent charge for the year in respect of the operating lease referred to in note 12 below amounted to £26,346
{2022 - £24,000).
19

CHERRY LODGE CANCER CARE LIMITED
NOTES TO THE ACCOUNTS, continued
FOR THE YEAR ENDED 31 DECEMBER 2023
3 EXPENDITURE. continued
Included in expenditure above are
support costs analysed as follows:
Staff Property Office Gover-
Costs running
costs
nance
Total
2023
Total
2022
Other
Raising funds
Charitable activities
82,402 44,819
44,273 36.058 30,382
3,515 130,736
3,420 11,588 125,721
129,742
63,709
126,675 80,877 30,382
3,420 15,103 256,457
193,451
4 STAFF AND TRUSTEES
2023
2022
Staff costs:
Wages and salaries
Social security costs
Pension costs
247,567
15,622
12,129
212,599
14,346
9,874
275,318
236,819
The average number of employees during the year was 12 (2022- 9}.
There were no employees whose annual remuneration was £60,000 or more {2022- none).
None of the Trustees, or any persons connected with them, received any remuneration during the year12022
£nill. There were no Trustees, expenses paid for the year12022 - £nil).
20

CHERRY LODGE CANCER CARE LIMITED
NOTES TO THE ACCOUNTS, continued
FOR THE YEAR ENDED 31 DECEMBER 2023
5 TANGIBLE FIXED ASSErs
Land and
buildings
Computer
equipment
Motor Fixt.,fittings &
vehicles & equipment
Total
C05t/valuation
At l January 2023
Additions at cost
Disposals
1,000.000
31,468
5,548
7,779
18,133
17,7791
10.524
740
1,049,771
24,421
17,7791
At 31 December 2023
1,000,000
37,016
18,133
11,264
1,066,413
Depreciation
At l January 2023
Charge for the year
Eliminated on disposals
12,000
12,000
29,899
1,424
6,147
3,626
16,147}
10,318
190
58,364
17,240
16,1471
At 31 December 2023
24,000
31,323
3,626
10,508
69,457
Net book value
At 31 December 2023
976,000
5,693
14,507
756
996,956
At 31 December 2022
988,000
1,569
1,632
206
991,407
The Charivs freehold premises at 23 Union Street, Barnet were revalued by the Trustees at £1,000,000 at 31
December 2021. The net surplus of £430,508 on revaluation was taken to the revaluation reserve. The premises
were last valued professionally on an open market basis at £500,000 by the Bowen Partnership, a firm of
independent chartered surveyors, in 2013.
The historical cost of land and buildings at 31 December 2023 was £456,912 {2022 - £456,912}. The land and
buildings depreciation charge for the year on a historical cost basis would be £6,02112022 £6,021), and the net
book value of land and buildings at 31 December 2023 on a historical cost basis would be £444,870 {2022
£450,891).
Land and buildings includes land valued at £500,000 (2022- £500,000) which is not depreciated.
21

CHERRY LODGE CANCER CARE LIMITED
NOTES TO THE ACCOUNTS. continued
FOR THE YEAR ENDED 31 DECEMBER 2023
6 INVESTMENTS
2023
2022
Listed investments and deposits:
Market value at beginning of year
Investments purchased in year, at cost
Net gain/{loss} on revaluation at year-end
604,644
250,000
30,974
687,270
182,6261
Market value at end of year
885,618
604,644
Historical cost at end of year
883,598
633,598
7 DEBTORS
2023
2022
Prepayments and accrued income
Other debtors
13,367
20,556
2,846
10,854
33,923
13,700
8 CREDITORS: Amounts falling due within one year
2023
2022
Accruals and other creditors
35,700
41,741
22

CHERRY LODGE CANCER CARE LIMITED
NOTES TO THE ACCOUNTS, continued
FOR THE YEAR ENDED 31 DECEMBER 2023
9 STATEMENT OF FUNDS
Brought
FonNard
Incoming
resources
Resources
expended
Transfers
in/lout)
Carried
forward
Unrestricted funds
Genemlfund
1,229,225
240,135
(377,481}
5,979
1.097,858
Revaluation reserye
603,782
15,979)
597,803
Foir value reserve
128,9541
30,974
2,020
Designotedfvnds..
Refurbishment Fund
Office Space
Shop Upgrade
Outreach
Recruitment
Development of Fundraising
Marketing and Advertising
Meeting of annual costs
Sunflower Group
22,110
30.000
15,000
40,000
10,000
25,000
5,000
400,000
9,625
22,110
30,000
15,000
40,000
10,000
25,000
5,000
400,000
9,625
556,735
556,735
The funds of the Charity include the following designated funds which have been set aside out of unrestricted
funds by the Trustees for specific purposes:
Refurbishment Fund- for the refurbishment of the CharitV5 premises at Howard House, 23 Union Street, Barnet.
The Trustees have acknowledged that the Charitys premises are in need of upgrading to ensure the environment
for members and staff remains at a high standard.
Office Space - Despite the refurbishment of Howard House, it has been agreed that additional office space is still
required. This level of funding should meet all expenses this is likely to entail, including any possible
refurbishment.
Shop Upgrade- This expenditure will enable the Charity's retail outlet to meet the ever growing competition and
the shop provides the highest standards for its shop staff, volunteers and customers.
Outreach - £40,000 has been designated to fund the possible expansion of our outreach programme as well as the
recruitment of an additional cancer information nurse.
Recruitment- Staff capacity will be regularly monitored and this account will meet any recruitment expenses for
both current posts and additional new appointments.
Development of Fundraising- A root and branch review of all aspects of fundraising is to be undertaken to assist
in the Charity obtaining long-term financial stability. This fund will enable Trustees to meet the costs of appointing
a consultant to support them throughout the review period.
23

CHERRY LODGE CANCER CARE LIMITED
NOTES TO THE ACCOUNTS, continued
FOR THE YEAR ENDED 31 DECEMBER 2023
9 STATEMENT OF FUNDS, continued
Marketing and Advertising- to enable the marketing of not only the Charity, but our events and shops, to be done
to the highest standard. The fund will also cover any possible changes to our website and newsletter.
Meeting of annual costs
When considering all the risk factors, Trustees have agreed the Charity should hold
£400,000 in reserves to cover a 12 month period of running costs. This will ensure that in the event of a reduction
in income or an unexpected expense, the Charity can protect its much needed services, whilst sourcing alternative
funding streams.
Sunflower Group-funds set aside for a satellite cancer support group operating in Burnt Oak.
Brought
Forward
Incoming
resource5
Resources
expended
Transfers
in/lout)
Carried
forward
Restricted funds
Summer Soulstice
Visual Healingand
Sound Therapies
Girlies Raising Hope
Lloyds Exercise Classes
Outreach
Edith Senett legacy
4,747
50,000
{46,414}
8,333
5,000
11,387
2,872
15,000
50,000
5,000
11,387
2,872
15,000
199,643
175,000
(25,3571
89,006
225,000
{71,771}
242,235
The funds of the Charity include the following restricted funds comprising unexpended balances of donations and
grants held on trust for specific purposes:
Summer Soulstice
a fund made by the annual Summer Soulstice event to sponsor the Charity's van and to
contribute to the salary of an Outreach Nurse.
Visual Healing and Sound Therapies
Charity members.
a fund for the introduction of visual and sound therapies to benefit the
Girlies Raising Hope
a fund for the acquisition and preparation of body product packs as a welcome gift to
members undertaking therapies. These packs are tailored to the treatment being undertaken by each member.
Lloyds Exercise Classes- a fund for the setting up of exercise classes for the Charity members.
Outreach- a fund for the expansion of our outreach programme.
Edith Senett Legacy- a fund to contribute toward the salaries of three staff members.
24

CHERRY LODGE CANCER CARE LIMITED
NOTES TO THE ACCOUNTS, continued
FOR THE YEAR ENDED 31 DECEMBER 2023
10 ANALYSIS OF NET ASSETS BETWEEN FUNDS
General Designated Restricted Revaluation
fund
funds
funds
reserve
Fair value
reserve
Total
funds
Tangible fixed assets
Investments
Current assets
Creditor5 due within one year
399,153
326,863
407,542
(35,7001
597,803
996,956
885,618
649,777
{35,7001
556,735
2,020
242,235
1,097.858
556,735
242,235
597,803
2,020
2.496,651
11 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING AcfiviTIES
2023
2022
Net income a5 shown on the Statement of Financial Activities
Adjustments for..
Depreciation
(Profit) on sale of fixed assets
Net {gainsl/losses on investments
{Increaseldecrease in debtors
IDecreasel/increase in creditors
46,857
445,887
17,240
(5,368)
130,974}
{20.2231
16,0411
12,851
82,626
985
6,186
Net cash generated by operating activities
1,491
548,535
12 COMMITMENTS UNDER OPERATING LEASES
At the balance sheet date, the Charity had annual commitments under non-cancellable operating leases as
follows:
Land and buildings
2023
2022
Expiry date:
Within one year
After more than five years
24,000
29,789
13 AUDITORS, EfHICAL sfANDARDS
In common with many charities of our size and nature, we use our auditor5 to assist with the preparation of
the accounts, as allowed under the FRC Ethical Standard 'Provisions Available for Audits of Small Entities,.
25