Cosmetic, Toiletry & Perfumery Foundation (Programme Title: “Look Good Feel Better”) Trustees Report and Financial Statements 31 December 2025
Registered No: 2850925 - Company Limited by Guarantee Registered Charity No: 1031728
CONTENTS
Trustees and advisors .................................................................................................... 3 Trustees annual report ................................................................................................... 4 Financial review ............................................................................................................ 11 Statement of trustees' responsibilities ........................................................................... 13 Independent auditor’s report ........................................................................................ 14 Consolidated statement of financial activities…………………………………………….. . 18 Consolidated balance sheets ....................................................................................... 19 Consolidated statement of cash flows ........................................................................... 20 Notes to the financial statements .................................................................................. 21 Supporting organisations ……………………………………………………………………..34
Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
Board of Trustees
Geoff Percy - Chairman, CTPF Mark Spillman -Vice Chair CTPF Kenneth Green - Chairman, Kenneth Green Associates Louise Wallace – Global Head of CMS Corporate / M&A Group Debbie Hunter – Trustee, CTPF Stuart Sheath – Trustee Gill Smith - Managing Director, The Perfume Shop Sarah Harbon – General Manager, Benefit Cosmetics Charlene Johnson – Head of Uk Sales, Chanel (Resigned 8th September 2025) Debbie Lewis - Managing Director, Clarins UK (Resigned 31st December 2025) Chrys Andradi - Trustee, CTPF (Resigned 31st December 2025)
Executive Services
Mark Flannery – Chief Executive, CTPF Anna Bowen - Finance Director, CTPF
Honorary Life President
Richard Bradley
Honorary Vice Presidents
Barbara Daly OBE Gloria Freilich Diana Moran Charles Worthington MBE Susan Taylor Per Neuman
Registered and Administrative Office
West Hill House, 32 West Hill, Epsom, KT19 8JD
Auditors
Crowe U.K. LLP, Black Country House, Rounds Green Road, Oldbury, West Midlands B69 2DG
Solicitors
CMS Cameron McKenna Nabarro Olswang LLP, 78 Cannon Street, London EC4N 6AF
Bankers
Barclays Bank Pic, Piccadilly 9, Leicester LE87 2BB
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Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
Trustees Annual Report
Our Vision – To be recognised as one of the UK’s leading cancer support charities and the only one dedicated to improving the physical appearance and overall wellbeing of people living with cancer.
Our Mission – We deliver cancer support services in local communities through a series of face to face and online group sessions along with video tutorials to help people face cancer with confidence, to regain their sense of normality, to make friends and most of all to look good and feel better.
At Look Good Feel Better UK, everything we do begins with people, people living with cancer who, alongside the physical impact of treatment, often experience profound changes to their appearance, confidence, and sense of self. For many, these changes can feel isolating and overwhelming at a time when they are already navigating so much. Our purpose is simple but powerful: to help people with cancer feel more like themselves again to give the priceless gift of self-confidence and to help them regain a sense of normality, at an abnormal time.
The first workshop for women was held in 1994, since then the charity has developed special sessions for young adults and, in 2018, introduced vitally needed services for men. Each group session is led by trained volunteers and is a chance to meet others in a similar situation, as well as learning useful skills and techniques to manage the side-effects of cancer treatment. In 2020 our first online skincare & make-up workshops were launched and since then new online services including hair care, nail care, styling for confidence.
2025: Overview
In 2025 the charity delivered another year of excellent impact, a year in which the need for our services has continued to grow. Across the UK, increasing pressures on health services, ongoing cost-of-living challenges, and the long-term effects of the pandemic have made access to wellbeing support more important than ever. In this context, we have remained focused on delivering high-quality, practical, and compassionate support to those who need it most.
Over the past year, we have supported over 14,300 people living with cancer through our confidence-boosting workshops and services, delivered both face-to-face in hospitals and cancer centres and through our expanding digital offer. By combining expert guidance with peer connection, our workshops help people manage the visible side effects of cancer treatment, from hair loss and skin changes to changes in body image, while also providing something less tangible but equally vital: reassurance, community, and hope.
2025 was a hugely successful year for our charity, our service delivery, and our commitment to helping more people, in more places, in more ways. We launched three new face-to-face services in 2025, widening our face-to-face impact, whilst making our services accessible to more people. We were hugely proud to launch our specialist cancer related hair loss support, ‘HeadWrappers’ after a successful charity merger in January 2025. We also saw our Styling for Confidence programme delivered in a number of John Lewis and Partners stores across the UK, bringing direct and practical support around the issues of dressing, styles, colours, and techniques to support cancer patients to feel comfortable in their appearance.
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Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
The year saw us deliver successful pilots of our cancer support workshop for Men, focussing on grooming, styling, wellness diet, and fitness, and critically providing a safe and trusted space for men to talk and access peer support.
Key achievements in 2025:
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Look Good Feel Better (LGFB) supported 14,388 patients across 150 delivery venues across the UK
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Of the 14,388 patients supported, 950 were supported through our new face to face services, HeadWrappers, Styling for Confidence and our support service for Men, providing a solid platform for future growth
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LGFB made some significant steps in raising its profile on a national basis with dedicated segments on the ITV Lorraine show during Breast Cancer Awareness Month and on Vernon Kay’s VE Day tea party, covered live on BBC Radio 2
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Our online community has continued to grow with our supporter database reaching 50,000 subscribers (up 10,000 from 2024), Instagram followers reaching 23,000 (up 19%), Facebook followers reaching 21,600 (up 25%) and our LinkedIn following reaching 5,000 (up 30%)
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Overall, LGFB had 12.5million views across its social media channels.
Our most significant success in 2025 was the 80% increase in satisfaction survey respondents, up from 1,000 in 2024 to 1,800 in 2025, and this survey produced some exceptional results:
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99% of respondents said that they would recommend LGFB services to others going through cancer treatment
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96% of respondents said that our services met or exceeded their expectations
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96% of respondents felt that our workshops were an important part of their treatment plan
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95% of respondents felt that our workshops had a positive impact on their mental health
Donated Products and Services
The Foundation’s charitable activities continue to rely on:
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the donation of suitable skincare and cosmetic products for use by the charity’s beneficiaries
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compassionate and professional skincare, make-up and grooming consultants who volunteer to host the workshops in hospitals and cancer support centres
The Board recognises the significant benefit to the charity of donated products; over 35 companies donated products in 2025.
The charity is also very grateful for the significant logistical support it receives from one company, which enables products to be sent to support sessions across the UK.
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Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
Raising Funds
The charity is registered with the Fundraising Regulator and committed to following the Code of Fundraising Practice. The charity’s main fundraising objective for 2025 was to contribute to secure the financial stability of the charity.
Like most smaller charities, the financial pressures within the charity sector have had an impact. Despite these challenges, we have continued to adapt how we work, strengthening our service delivery while reaffirming the value of in-person connection. We have listened carefully to feedback from those we support, using their insights to shape our services and ensure they remain relevant, inclusive, and impactful. While challenges remain, including rising demand for our support and unrelenting financial pressures across the charity sector, we are encouraged by the resilience of our community and the dedication of our team.
In 2025, the fundraising landscape around LGFB was especially challenging. The UK charity sector has been experiencing critical pressures with demand rising, operating costs rising, but income making a sharp decline. A high percentage of income for LGFB comes from the UK beauty industry, namely corporate partners, and in 2025, that sector was also experiencing some significant turbulence with a number of organisations and key partners undergoing restructures, redundancy programmes or cost reduction plans. At the end of Q1, continuing into Q2, the charity saw a number of high value donation pledges and fundraising campaigns withdrawn, all values that had been agreed and included in the 2025 budget and cost base. As the headline income started to decline, a larger over-reliance on our e-commerce and beauty box activity, emerged. As a newer income stream to the charity, and one in which we are still investing in its infrastructure, the charity found itself having to compete for sales in the beauty e-commerce space, going against significantly sized national and global beauty brands and businesses, many significantly discounting similar beauty box products whilst using their size and strength to ensure maximum visibility This dynamic created a ‘perfect storm’ for LGFB in the fact that income was dropping from our key area of strength and opportunity yet we were not able to recover that loss effectively through an income line very much still in its infancy.
A full list of key organisations which supported the charity in 2025, whether through product donations, staff time or fundraising, has been included in Note 16 to the Accounts at the back of this document. The charity is very grateful to every one of them for the part they have played in helping support women, young adults and men living with cancer.
The charity did not pay any third party or agency to undertake material fundraising activities on its behalf and received no complaints during the course of the year regarding any fundraising activities.
The charity and its Trustees are fully aware of the requirements and duties set out in the Charities (Protection and Social Investment) Act 2016 with respect to fundraising activities and are focused on ensuring any future fundraising activities are fully compliant.
Protecting vulnerable people
The charity endeavours to ensure that all staff, volunteers and the general public are safe and protected while taking part in fundraising activities.
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Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
Respecting our supporters is a key element of our Fundraising Promise. We must be able to identify and respond to those supporters who may be in vulnerable circumstances, in a way that is sensitive to their needs. All our supporter-facing staff have access to guidance and associated training. This is informed by the Fundraising Regulator Code and the Chartered Institute of Fundraising’s own guidance on ‘Acceptance, Refusal and Return of Donations’. We follow the Code of Fundraising Practice in relation to all fundraising which helps to ensure that vulnerable people can be easily identified and, critically, that they are responded to and protected in a non-discriminatory way.
Fundraisers may sometimes find themselves approaching donors who may be vulnerable or need additional support to make a decision. We have guidance in place and available for review on our website to ensure all our fundraisers are aware of the risks and know what to do if they are concerned about an individual and their circumstances.
We endeavour to ensure that our staff, volunteers and the general public are safe and protected while taking part in our fundraising activities. The charity has a zero-tolerance approach to bullying, harassment or sexual harassment of any kind towards any of our staff or volunteers.
We encourage people of any age or background to fundraise for us, and we stipulate that those under the age of 16 must be supervised by a responsible adult when fundraising.
There were no complaints received in the year with regard to fundraising.
Strategic Direction and Governance
The Cosmetic, Toiletry and Perfumery Foundation (Registered No: 2850925 - Company Limited by Guarantee, Registered Charity No: 1031728) is governed by its Memorandum and Articles of Association and operates through its Programme, Look Good Feel Better (LGFB).
Our charitable purposes for the public benefit are:
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to give assistance help advice counselling and Information to cancer patients who have suffered appearance-related side effects from chemotherapy, radiotherapy and /or other treatments undergone by them for or in relation to cancer, and to develop and promote the "Look Good Feel Better" programme and other similar programmes in the United Kingdom and to provide cosmetic products, volunteer beauty consultants, makeover workshops and other necessary support to such patients with a view to assisting them in improving their appearance and quality of life.
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to give assistance, help, advice, counselling and information to persons suffering from the appearance-related side-effects resulting from cancer and/or other disease, illness, injury or condition.
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to encourage and promote the study into and research related to the relationship between appearance, quality of life and recovery to health of patients and the effects of such recovery, and to educate and inform the public as to the results of such study and research.
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Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
The Members of the Board are the charity Trustees and also the Directors for the purposes of the Companies Act 2006. The Board is made up of Senior Directors nominated by supporting companies who are actively engaged in the LGFB Programme as well as independent individuals who are selected through an interview process with other Trustees. Nominations are made to maintain a balance of expertise at a senior level.
Newly nominated Trustees are given a thorough understanding of the Programme through meeting with the Chief Executive/Chairman of Trustees, other members of the Executive Team and are encouraged to observe workshops on a regular basis. They are encouraged to attend appropriate external training events where this would facilitate the undertaking of their role.
The Board is responsible for overseeing the strategy of the charity and ensuring the Foundation’s finances are on a firm footing using the guidance of a Finance Committee drawn from senior finance executives of member companies and individuals.
An Ambassador Group, made up of individuals directly employed by member and supporting companies, champion and manage their company’s input to the LGFB Programme.
The Chief Executive, Mark Flannery, joined in September 2022 and has overall responsibility for all operational matters to ensure the successful delivery of the Programme.
The Foundation has a wholly owned trading subsidiary, Look Good Feel Better Trading Limited, which was formed to undertake non primary purpose trading activities to raise funds on behalf of the charity. All profits from this subsidiary are gifted to the parent charity on an annual basis under a deed of covenant.
Public Benefit
The Trustees confirm that they have complied with their duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission and have considered this in setting the key strategic objectives of the Foundation.
Risk Management
The Board acknowledges its responsibility for establishing a risk management system and is satisfied that appropriate procedures have been established to identify and mitigate major risks which the Foundation faces. A risk register is maintained on this basis, including an assessment of the scale of probability of specific risks to better identify strategic areas for review. It is recognised that systems can only provide reasonable but not absolute assurance that major risks will be adequately managed.
The operational and financial risks facing the charity as a result of the above are summarised as follows:
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Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
| Key Operational Risk | Mitigating Action |
|---|---|
| Reduction in donated goods impacting on the number of workshops we can facilitate. |
Comprehensive product requirement list has been developed to calculate ‘in-year’ requirements and requirements for the following year. |
| Loss of volunteer support resulting in reduced capacity to deliver workshops effectively, in turn, diminishing service and beneficiary experience. |
Appropriate management, motivation and training of volunteers; increased use of paid social media to recruit volunteers; Regional Managers increased engagement with volunteers. |
| Governance failure – trustees maintain oversight of key risks with limited training and resources. |
Robust trustee induction ensures awareness of their legal obligations; trustee training on- going programme. |
| Regulatory / compliance risk. | Policies and procedures in place; regular staff training. |
| Safeguarding – failure to safeguard beneficiaries, staff and volunteers. |
Safeguarding procedures in place and shared with staff and volunteers upon appointment. Designated Safeguarding Leads appointed and trained. |
| Key Finance Risk | Mitigating Action |
|---|---|
| Members and partner companies not delivering committed financial support. |
Robust monthly review all corporate income forecasts; ownership of targets by members of the Corporate Fundraising team; focus on diversification of income streams. |
| Financial sustainability; lack of working capital. |
Robust debt chasing process implemented; robust financial monthly monitoring/review; diversification into alternative income streams; regular cash flow forecasting. |
| Financial management / financial fraud. |
Robust financial procedures, policies and segregation of duties in place. Finance Committee are provided with regular financial updates to allow for independent review and scrutiny. |
| Cyber-attack/ Ransomware. | Robust IT systems / firewall / external monitoring in place 24/7. |
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Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
The Board recognises the need for all risks associated with the efficient delivery of the Programme to be kept under review, especially as it reshapes the organisation and its services to provide continued public benefit.
Going Concern
On page 11 we have set out a review of financial performance and the charity's reserves position.
Our planning process, including financial projections, has taken into consideration the current economic climate and its potential impact on the various sources of income and planned expenditure. The strategic plan increases focus on growing and diversifying our income generation activities. We have a reasonable expectation that we have adequate resources to continue in operational existence for the foreseeable future and the accounts have, therefore, been prepared on the basis that the Foundation is a going concern. Income and expenditure for 2026 are as planned.
Remuneration
The Remuneration Committee, which operates as a sub-committee of the Finance Committee, is expected to meet twice a year. This committee makes recommendations on overall remuneration levels and specific recommendations for the remuneration of the Chief Executive.
Salary awards are benchmarked using a variety of publicly available data including ONS salary trends, Charity Jobs survey and a wide variety of individual charity reports.
Charity Governance Code
The Charity Governance Code was published in 2020 and updated in 2025. The updated code sets out eight principles of good governance and encourages charities to review their governance structures and processes against this code to ensure they are fit for purpose and operate efficiently. The Board’s review of its governance processes is ongoing, and no material weaknesses have been identified however, in view of the rapid changes in the external environment experienced over the last couple of year, it is focussing on ensuring they are fit to reflect the changes in both activities and fundraising. This will be revisited in 2026 to refresh against the newly issued code.
Charity Objectives for 2026
Looking ahead, our focus is on sustainability and reach. We are committed to extending our services to more people affected by cancer, reducing inequalities in access, and ensuring that confidence and wellbeing support is recognised as a vital part of holistic cancer care. We will continue to invest in innovation, partnerships, and evidence-based practice, always guided by the voices and experiences of those we serve.
We remain steadfast in our belief that everyone facing cancer deserves to feel supported, valued, and confident. On behalf of Look Good Feel Better UK, thank you for being part of this journey. Together, we are making a real and lasting difference to the lives of people living with cancer across the UK.
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Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
Financial Review
The financial statements show a net deficit in resources for the year of £262,921 (2024: £100,768 net surplus) which together with the funds brought forward of £1,025,404 (2024: £924,636) results in funds to be carried forward of £762,483 including unrestricted reserves of £739,750.
Our supporters raised £2.9m (2024: £3.4m) in 2025, including £1.3m Gifts in Kind (2024: £1.6m). The remaining £1.6m came from member companies, corporate partners, individual supporters and trusts, all of whom fundraised to help the charity support its patient beneficiaries.
The charity invested £3.2m (2024: £3.3m) in services for cancer patients including £1.3m of donated products and services. The charity’s main direct expense is on its staff £1.1m (2024 £0.99m). Most of these are directly involved in running frontline services, including:
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Recruitment, training and management of volunteers (975 active volunteers in 2025)
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Sourcing and coordination of product donations and logistics
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Liaising with hospitals, cancer centres and support groups who act as venues / hosts for the sessions
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PR and communications, seeking to raise awareness of the Programme amongst potential beneficiaries as well as volunteers and other supporters
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Fundraising and engaging with our corporate and other supporters
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Research and development of new services to support our beneficiaries
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Management and compliance with all relevant legislation; providing support services to the frontline staff
Other expenditure is on consumable products for the support sessions, travel costs for volunteers and running costs for head office.
Budgeting and Forward Planning
The Foundation is fortunate to have a highly qualified Finance Committee on whose expertise they can draw. This Committee sits twice a year and gives input and advice on the Foundation’s plans and financial projections for the year ahead, as well as scrutinising the report of the Auditors. The Finance Committee then makes recommendations to the Board of Trustees in relation to these items.
The Foundation’s budget is always prepared on a prudent basis, recognising the inherent unpredictability of donation income.
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Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
Donated Services
The Foundation is exceptionally grateful for the donated volunteer time, logistical support and the products used in the patients’ gift bags, which have all been donated by the Cosmetic’s Industry (without cost to the Foundation) without which the Programme would be unable to run. The value of the product donations and logistical support received has been included as ‘Gifts in Kind’ in the Statement of Financial Activities.
The charity sometimes receives donated advertising space which assists in raising awareness of the work of the charity. The charity is very grateful to the relevant publishers for the publicity this provides, but no financial value is attributed to this advertising space as the advertising would not be undertaken if not donated.
The volunteer time, although crucial to the success of the programme, has been valued in line with the recommendations of the Charities’ SORP.
Reserves Policy
At 31 December 2025 the Group had free reserves (i.e. unrestricted reserves not used to fund fixed assets) totalling £667,561 (2024: £949,624). The reserves policy is set by the Trustees and is intended to reflect the changing scale of the charity and operations over time:
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Four months operational costs allowing the activities to continue in the event of a significant fall in income
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Four months cost of logistical support at commercial rates
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An amount set aside for purchasing beauty products for use in workshops in the event of a donation shortfall or catastrophic event, e.g. flood or fire at the logistics centres
At 31st December 2025, based on the plans for 2026, this calculation gave a desired reserves figure in the region of £650,000.
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Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
Statement of Trustees’ Responsibilities Year ended 31 December 2025
The Trustees (the members of the Board who are also Directors of The Cosmetic, Toiletry & Perfumery Foundation for the purposes of company law) are responsible for preparing the Annual Report and the financial statements in accordance with applicable laws and United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards).
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 period. In preparing these financial statements, the Trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities Statement of Recommended Practice (SORP);
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make judgments and estimates that are reasonable and prudent;
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state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions, disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006 and the provisions of the charity’s constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Auditors
So far as the Members of the Board are aware, there is no relevant audit information of which the charity’s auditors are unaware. The Members of the Board have each taken all the steps that we ought to have taken as Members of the Board in order to make ourselves aware of any relevant audit information and to establish that the charity’s auditors are aware of that information.
Crowe U.K. LLP has expressed their willingness to continue as auditors for the next financial year.
On behalf of the Board
Geoff Percy Chairman 9 July 2026
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Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
Independent Auditor’s Report to the Members Foundation for the year ended 31 December 2025
Opinion
We have audited the financial statements of The Cosmetic, Toiletry and Perfumery Foundation for the year ended 31 December 2025 which comprise the Consolidated Statement of Financial Activities (Incorporating the Income and Expenditure Account), the Consolidated and Charitable Company Balance Sheets, the Consolidated Cash Flow Statement and notes to the financial statements, 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 Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
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give a true and fair view of the state of the group’s and the charitable company’s affairs as at 31 December 2025 and of the group’s income and expenditure, for the year then ended;
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have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
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have been prepared in accordance with the requirements of the Companies Act 2006
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (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 group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical 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 or the group’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.
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Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
Other information
The trustees are responsible for the other information contained within the annual report. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise 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 knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to 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 our audit
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the information given in the trustees’ report, which includes the directors’ report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial statements; and
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the trustees’ report has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In light of the knowledge and understanding of the group and charitable company and their environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ 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:
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adequate and proper accounting records have not been kept; or
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the financial statements are not in agreement with the accounting records and returns; or
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certain disclosures of trustees' remuneration specified by law are not made; or
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we have not received all the information and explanations we require for our audit; or
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• 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 trustees' report and from the requirement to prepare a Strategic report.
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Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
Responsibilities of trustees
As explained more fully in the trustees’ responsibilities statement set out on page 14, 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 and groups ability to continue as a going concern, disclosing, 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 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.
Details of the extent to which the audit was considered capable of detecting irregularities, including fraud and non-compliance with laws and regulations are set out below.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.
Extent to which the audit was considered capable of detecting irregularities, including fraud
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We identified and assessed the risks of material misstatement of the financial statements from irregularities, whether due to fraud or error, and discussed these between our audit team members. We then designed and performed audit procedures responsive to those risks, including obtaining audit evidence sufficient and appropriate to provide a basis for our opinion.
We obtained an understanding of the legal and regulatory frameworks within which the charitable company and group operates, focusing on those laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial statements. The laws and regulations we considered in this context were the Companies Act 2006, the Charities Act 2011 together with the Charities SORP (FRS 102). We assessed the required compliance with these laws and regulations as part of our audit procedures on the related financial statement items.
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Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which might be fundamental to the charitable company’s and the group’s ability to operate or to avoid a material penalty. We also considered the opportunities and incentives that may exist within the charitable company and the group for fraud. The laws and regulations we considered in this context for the UK operations included Employment Legislation, Taxation Legislation and General Data Protection Regulation (GDPR).
Auditing standards limit the required audit procedures to identify non-compliance with these laws and regulations to enquiry of the Trustees and other management and inspection of regulatory and legal correspondence, if any.
We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be within to be within the timing of recognition of income and the override of controls by management. Our audit procedures to respond to these risks included enquiries of management, and the trustees about their own identification and assessment of the risks of irregularities, designed audit procedures on income recognition, sample testing on the posting of journals, reviewing accounting estimates for biases, reviewing regulatory correspondence with the Charity Commission, and reading minutes of meetings of those charged with governance.
Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. In addition, as with any audit, there remained a higher risk of nondetection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing noncompliance and cannot be expected to detect non-compliance with all laws and regulations.
Use of our report
This report is made solely to the charitable company’s 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 company’s 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 opinions we have formed.
Helen Blundell LLB FCA FCIE DChA ( Senior Statutory Auditor) for and on behalf of Crowe U.K. LLP Statutory auditor Black Country House Oldbury, West Midlands B69 2DG 22 July 2026
17
Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
Consolidated Statement of Financial Activities (incorporating an Income and Expenditure Account) Year Ended 31 December 2025
| Notes INCOME AND ENDOWMENTS FROM: Donations and legacies - General donations and legacies - Member Pledges - Gifts in Kind Other trading activities Other TOTAL INCOME AND ENDOWMENTS EXPENDITURE ON: Raising funds Charitable activities Gifts in Kind Other TOTAL EXPENDITURE 3 Net Income Funds brought forward at 1 January 2025 Funds carried forward at 31 December 2025 |
Unrestricted Restricted Total Total Funds Funds 2025 2024 £ £ £ £ 909,169 95,808 1,004,977 1,079,878 159,850 - 159,850 172,390 1,337,583 - 1,337,583 1,584,298 484,526 - 484,526 565,859 5,431 - 5,431 17,339 |
|---|---|
| 2,896,559 95,808 2,992,367 3,419,764 |
|
| 961,547 - 961,547 906,070 1,337,583 - 1,337,583 1,584,298 870,944 85,214 956,158 828,628 |
|
| 3,170,074 85,214 3,255,288 3,318,996 |
|
| (273,515) 10,594 (262,921) 100,768 |
|
| 1,013,265 12,139 1,025,404 924,636 |
|
| 739,750 22,733 762,483 1,025,404 |
The notes on pages 21 to 34 form part of these financial statements.
18
Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
Consolidated and Foundation Balance Sheets as at 31st December 2025 Company Number 02850925
| Notes FIXED ASSETS Intangible Assets 6 Tangible assets 6 Investments 12 Total fixed assets CURRENT ASSETS Stock Debtors 7 Short term deposits Cash at bank and in hand CREDITORS Amounts falling due within one year 8 Net current assets NET ASSETS FUNDS Unrestricted funds - General funds - Designated Funds 10 Restricted funds 10 TOTAL FUNDS |
2025 2025 2024 2024 Group Parent Company Group Parent Company £ £ £ £ 51,604 51,604 58,170 58,170 20,585 20,585 5,471 5,471 - 100 - 100 |
|---|---|
| 72,189 72,289 63,641 63,741 49,312 44,812 56,125 56,125 294,632 668,956 249,438 678,722 163,000 163,000 214,739 214,739 443,778 266,148 687,946 394,717 |
|
| 950,722 1,142,915 1,208,248 1,344,303 (260,428) (452,721) (246,485) (382,640) |
|
| 690,294 690,194 961,763 961,663 |
|
| 762,483 762,483 1,025,404 1,025,404 |
|
| 739,750 739,750 1,013,265 1,013,265 22,733 22,733 12,139 12,139 |
|
| 762,483 762,483 1,025,404 1,025,404 |
The parent charity’s net expenditure included in the consolidated results above, was £262,921 (2024: £100,768 net income).
Geoff Percy Chairman Date: 9[th] July 2026
19
- look good feel better
- FACING CANCER WITH CONFIDENCE Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee) 20
Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee) |
Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee) |
Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee) |
|---|---|---|
| Consolidated Statement of Cashflows for the year ended 31 December | 2025 | |
| 2025 | 2024 | |
| £ | £ | |
| Net cash (used) / generated by operating activities | (267,922) | 168,921 |
| Cash flows from investing activities | ||
| Interest | 4,576 | 5,539 |
| Proceeds from sale of equipment | 2,927 | - |
| Purchase of intangible assets | (12,163) | (63,925) |
| Purchase of equipment | (23,326) | (1,312) |
| Net cash (used) by investing activities | (27,986) | (59,697) |
| Change in cash and cash equivalents in the reporting period | (295,907) | 109,224 |
| Cash and cash equivalents at 1st January 2025 | 902,686 | 793,462 |
| Cash and cash equivalents at 31st December 2025 | 606,778 | 902,686 |
| Reconciliation of net movement in funds to net cash flow from operating activities: | ||
| 2025 | 2024 | |
| £ | £ | |
| Net movement in funds for the reporting period | (262,921) | 100,768 |
| Adjustments for: | ||
| Depreciation charges | 26,588 | 28,080 |
| Interest | (4,576) | (5,539) |
| Decrease/ (increase) in stocks | 6,813 | (32,288) |
| Decrease / (increase) in debtors | (45,195) | (70,110) |
| (Decrease) / increase in creditors | 13,943 | 148,010 |
| Net cash (outflow) / inflow from operating activities | (265,348) | 168,921 |
| Analysis of cash and cash equivalents | ||
| 2025 | 2024 | |
| £ | £ | |
| Cash in hand | 443,778 | 687,946 |
| Notice deposits (less than 100 days) | 163,000 | 214,739 |
| Total cash and cash equivalents | 606,778 | 902,685 |
21
Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
Notes to the Accounts Year ended 31 December 2025
1.Accounting Policies
a) Basis of Preparation
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared under the historical cost convention in accordance with the Financial Reporting Standard Applicable in the UK and Republic of Ireland (FRS102), the Companies Act 2006 and the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (Charities SORP (FRS102)).
After reviewing the charity’s forecasts and projections, the Trustees consider that the group is well placed to manage the business risks it faces. This position is supported by strong cash balances and a sufficient level of reserves.
The Trustees therefore have a reasonable expectation that the charity has sufficient resources to continue in operational existence for the foreseeable future and believe that there are no material uncertainties that call into doubt the ability of the group to continue as a going concern. The group therefore continues to adopt the going concern basis in preparing its consolidated financial statements.
The group’s planning processes, including financial projections, take into consideration the current economic climate and its potential impact on various sources of income and planned expenditure.
Intragroup balances are eliminated fully on consolidation. No statement of financial activities is presented for the charitable company alone as the results of the subsidiary company are separately identified within the group accounts and the charitable company is exempt from presenting such a statement under s408 Companies Act 2006.
b) Company Status
The charity was incorporated on 1 September 1993 in England and Wales and is limited by the guarantee of its members. Its registered address is West Hill House, 32 West Hill, Epsom, KT19 8JD.
The members of the company are the Members of The Board named on page 3. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.
c) Fund Accounting
Restricted funds can only be used for the purposes specified by or agreed with the donor. Unrestricted funds comprise those funds, which are available for use at the discretion of the Trustees in furtherance of the objectives of the charity and which have not been designated for other purposes.
22
Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
Notes to the Accounts Year ended 31 December 2025
1. Accounting Policies Continued…
d) Incoming Resources
All incoming resources are included in Statement of Financial Activities (SOFA) when the charity is legally entitled to the income and the amount can be quantified with reasonable probability. For the member pledges, this translates to recognition at the point of invoices raised. The majority of the remainder of the Charity’s income is ‘pure’ donations, which are recognised on receipt.
e) Resources Expended
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
f) Donated Products
The charity relies on the donation of suitable cosmetic products by various cosmetics companies for use by the charity’s beneficiaries.
The products have been valued at approximate wholesale value using the market average retail price as reported by the Cosmetic, Toiletry and Perfumery Trade Association. Due to stocks of these products being kept in hospitals it is very difficult to accurately count these at the year end, so the Trustees have chosen to value the product donations at the point of distribution.
g) Donated Volunteer Time
The charity’s workshops are provided using donated beauty consultant time freely volunteered from companies and freelancers.
In line with the Charity SORP the Trustees do not consider that they are able to reliably quantify and measure the value to the charity in financial terms of the volunteer time and this is not therefore included in the SOFA.
h) Donated Services
The Charity receives donated services from a corporate partner for the distribution of the cosmetic products to the hospital workshops. This is not a service normally provided by this company for a fee.
However, the Trustees recognise that the scale of the Charity has grown to the extent that it is significant enough that we would be required to pay for the service if it were to lose this support and therefore have chosen to value it at the market rate which would be payable to a third-party provider.
i) Tangible and Intangible Fixed Assets and Depreciation
Tangible fixed assets costing more than £500 are capitalised and included at cost including any incidental expenses of acquisition.
23
Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
Notes to the Accounts Year ended 31 December 2025
1. Accounting Policies Continued…
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost less estimated residual value of each asset evenly over its expected life as follows:
-
Office equipment & furniture – 5 years
-
Computer equipment – 3 years
-
Software – between 3 and 5 years
The carrying values of tangible and intangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate the carrying value may not be recoverable.
j) Stock
Stocks are valued at the lower of cost to the Group or net realisable value. The stock value on the balance sheet is with regard to purchased goods for re-sale and not donated goods.
k) Pension Costs
The company operates a defined contribution pension scheme and has complied with autoenrolment legislation. Contributions are charged in the SOFA as they become payable in accordance with the rules of the scheme. Expenditure is allocated to the appropriate heading in the accounts on the basis of average headcount.
l) Leasing Commitments
Rentals payable under operating leases are charged in the SOFA on a straight-line basis over the lease term.
m) Financial Instruments
The charity has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at amortised cost using the effective interest method.
Financial assets held at amortised cost comprise cash and bank and in hand, together with trade and other debtors.
Financial liabilities held at amortised cost comprise bank loans and overdrafts, trade and other creditors.
Investments in subsidiary undertakings are held at cost less impairment.
n) Key Judgements and Estimates
In the application of the accounting policies, Trustees are required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources.
The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
24
Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
Notes to the Accounts Year ended 31 December 2025
1. Accounting Policies Continued…
The estimates and underlying assumptions are reviewed on an ongoing basis.
Donated products are valued on distribution using costs noted on the Cosmetic Toiletry and Perfumery Association annual report.
Donated logistic services are valued per product using estimated costs from the logistics supplier.
Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period. If the revision affects current and future periods it will be recognised in the period of the revision and future periods.
In the view of Trustees, no assumptions concerning the future or estimated uncertainty affecting assets or liabilities at the balance sheet date are likely to result in a material adjustment to their carrying amounts in the next financial year.
o) Public Benefit
The Foundation meets the definition of a public benefit entity under the guidance issued by the Charity Commission.
2 Donated Products and Consultant Time
During the year the charity received approximately 220,000 donated cosmetic product items (2024: 244,000 items) and benefited from approximately 8,859 hours of volunteer time (2024: 8,679 hours) donated by 975 (2024: 882) beauty consultants and others (hospital contacts volunteer to organise workshops within hospitals) and 72 (2024: 48) semi-voluntary Lead Volunteers support the consultants at each workshop.
This enabled the charity to run the 1,658 (2024: 1,552) workshops. As explained in the accounting policies in Note 1, no financial value is attributed to the volunteer time in the financial statement.
25
- look good feel better
- FACING CANCER WITH CONFIDENCE Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee) Notss to the Accounts Year ended 31 December 2025
- Resourees Expended Staff Costs Dlr•ct Costs Support Gov•rnanc• Costs Costs Total 2025 Raisin Funds 540,086 273,105 138,859 9,496 961,546 Charitabl• Activltl•s Gifts In TrQnd Other 1,337.583 239.298 1.576.881 1.849.986 1337 583 1.031.755 2.369 338 3.330,885 570 121 570.121 1,110,207 208 105 208 105 346,963 14.232 14 232 23.729 Tolal 2025 2024 Raisin Funds 524,595 187,998 180,345 13,132 9C6,070 Charitable Activities Gifts in lfjnd Other 1,713.794 192 817 1.906.611 2 094 609 1,713,794 897 529 2.611.323 3 517 393 511235 511235 1035 830 180345 180345 13132 13.132 Tolal 2024 26
Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
Notes to the Accounts Year ended 31 December 2025
3. (cont) Analysis of Support and Governance costs
| 2025 Support Costs Office rent and admin IT PR Other Total Support 2024 Support Costs Office rent and admin IT PR Other Total Support Governance Costs Trustees expenses Audit fees Legal fees Other Total Governance |
Raising Funds Charitable Activities Total £ £ £ 32,165 48,205 80,370 38,754 58,080 96,834 15,228 22,822 38,050 52,712 78,998 131,710 |
Raising Funds Charitable Activities Total £ £ £ 32,165 48,205 80,370 38,754 58,080 96,834 15,228 22,822 38,050 52,712 78,998 131,710 |
|---|---|---|
| 138,859 208,105 346,964 |
||
| Raising Funds Charitable Activities Total £ £ £ 35,879 35,879 71,758 38,973 38,973 77,946 23,400 23,400 46,800 82,093 82,093 164,186 |
||
| 180,345 | 180,345 360,690 |
|
| 2025 2024 £ £ 1,397 415 22,332 19,260 1,489 3,748 - - |
||
| 25,218 23,424 |
27
Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
Notes to the Accounts Year ended 31 December 2024
4. Employees
| 4. Employees | |
|---|---|
Wages and Salaries Social Security Costs Pension costs |
2025 2024 £ £ 976,496 882,198 95,425 85,360 38,286 26,887 |
| 1,110,207 994,445 |
Travel expenses and allowances were paid to Volunteers totalling £3,958 in the year (2024: £4,298).
One employee received emoluments as defined for taxation purposes of between £60,000 and £70,000 in the year (2024: one employee), one employee received emoluments as defined for taxation purposes of between £70,000 and £80,000 (2024: no employees) and one employee received emoluments as defined for taxation purposes of between £90,000 and £100,000 (2024: one employee). Two employees are members of the defined contribution pension scheme; employers' contributions paid into the scheme in relation to these employees was £7,995 (2024: £10,828) in the year.
There were five key management personnel in 2025, defined as those with strategic influence. These were:
-
Chief Executive • Head of Programme Services
-
Finance Director • Director of Fundraising • Head of Operations
Between them these five key management personnel (as defined in the Trustees Report) received total remuneration packages (inclusive of employer pension and national insurance contributions) of £413,001 (2024: 5 heads received £349,668).
The number of employees (headcount) analysed by function during the year was:
| Charitable Programme Fundraising and PR Management and Administration |
2025 2024 No. No. 11 7 8 10 6 6 |
|---|---|
| 25 23 |
There were no redundancy payments made during the year.
In 2025 one trustee (2024: one) was reimbursed for their travel and meeting expenses in relation to their activities on behalf of the foundation. In total, they incurred expenses of £1,397 (2024: £415) in the year, of which £0 remained as a creditor at year end (2024: £0).
28
Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
Notes to the Accounts Year ended 31 December 2025
5.Net Incoming resources for the year
Net incoming resources are stated after charging:
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Operating lease rentals | 18,103 | 16,718 |
| Depreciation | 26,588 | 28,080 |
| Audit fees | 22,332 | 21,636 |
6. Intangible and Tangible Fixed Assets (Group & Parent Entity)
| Cost: At 1 January 2025 Additions Disposals At 31 December 2025 Depreciation: At 1 January 2025 Charge for the year Disposals At 31 December 2025 Net book value: At 31 December 2025 At 31 December 2024 |
Intangible Assets Office Furniture & Equipment Total 2025 2025 2025 £ £ £ 208,403 67,657 276,059 12,163 23,326 35,488 - (9,403) (9,403) |
|---|---|
| 220,565 81,579 302,144 |
|
| 150,233 62,185 212,418 18,728 7,860 26,588 - (9,051) (9,051) |
|
| 168,961 60,994 229,955 |
|
| 51,604 20,585 72,189 16,720 9,765 26,485 |
29
Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
Notes to the Accounts Year ended 31 December 2025
7. Debtors
| 7. Debtors | ||||
|---|---|---|---|---|
| 2025 | 2025 | 2024 | 2024 | |
| Group | Parent Company |
Group | Parent Company |
|
| £ | £ | £ | £ | |
| Prepayments | 34,909 | 34,909 | 22,137 | 22,137 |
| Trade Debtors | 254,301 | 211,172 | 183,720 | 144,279 |
| Accrued income | 5,422 | 5,422 | 43,581 | 43,581 |
| Inter-company debtor | - | 281,861 | - | 116,117 |
| Amount due from subsidiary - gift aid | - | 135,591 | - | 352,608 |
| Total | 294,632 | 668,955 | 249,438 | 678,722 |
| 8. Creditors:amounts falling due within one year | ||||
| 2025 | 2025 | 2024 | 2024 | |
| Group | Parent Company |
Group | Parent Company |
|
| £ | £ | £ | £ | |
| Trade creditors | 26,937 | 26,937 | 18,888 | 18,888 |
| Tax and social security | 36,292 | 25,579 | 29,229 | 21,313 |
| Inter-company creditor | - | 209,066 | - | 150,331 |
| Accruals and deferred income | 183,997 | 177,937 | 192,891 | 186,631 |
| Other Creditors | 13,202 | 13,202 | 5,477 | 5,477 |
| Total | 260,428 | 452,721 | 246,485 | 382,640 |
| Deferred Income | 2025 | 2024 | ||
| £ | £ | |||
| Balance at 1 January | 164,710 | - | ||
| Amount released to incoming resources | (164,710) | - | ||
| Amount deferred in the year | 156,550 | 164,710 | ||
| Balance at 31 December | 156,550 | 164,710 |
Deferred income relates to 2026 membership invoices raised in 2025 and restricted grant income where the expenditure will take place in 2026.
30
Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
Notes to the Accounts Year ended 31 December 2025
9. Other Financial Commitments
Operating leases
At 31 December 2025 the company had commitments under non-cancellable operating leases as set out below:
| Amounts Due: Within 1 year Within 2 – 5 years Total |
2025 2024 2025 2024 £ £ £ £ 19,500 19,500 2,098 1,846 19,500 17,875 4,561 4,654 Land and buildings Other |
|---|---|
| 39,00037,3756,6596,500 |
All leased items are based at the Foundation's offices at West Hill House, 32 West Hill, Epsom, KT19 8JD. Lease payments recognised in 2025 totalled £16,258 (2024 £16,718).
10. Analysis of movement in Unrestricted Funds
| Current year General Fund Designated Strategic Research Total Designated Fund Total Prior year comparative General Fund Designated Strategic Research Total Designated Fund Total |
Funds Funds 1st Jan 2025 Income Expenditure Transfers 31st Dec 2025 £ £ £ £ 1,013,265 2,896,559 (3,170,074) - 739,750 - - - - - |
|---|---|
| - - - - - |
|
| 1,013,265 2,896,559 (3,170,074) - 739,750 |
|
| Funds Funds 1st Jan 2024 Income Expenditure Transfers 31st Dec 2024 £ £ £ £ 1,013,265 3,321,819 (3,187,730) - 1,013,265 - - - |
|
| - - - - - |
|
| 1,013,265 3,321,819 (3,187,730) - 1,013,265 |
31
Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
Notes to the Accounts Year ended 31 December 2025
Analysis of movement in Restricted Funds
| Current year Total Prior year Various Total Various - Workshop Funding |
Funds Funds 1st January 2025 Income Expenditure 31st December 2025 £ £ £ £ 12,139 95,808 (85,214) 22,733 |
|---|---|
| 12,139 95,808 (85,214) 22,733 |
|
| Funds Funds 1st January 2024 Income Expenditure 31st December 2024 £ £ £ £ 45,460 97,945 (131,266) 12,139 |
|
| 45,460 97,945 (131,266) 12,139 |
Restricted Fund
Since 2020, numerous donations were received from trusts and foundations for workshops in specific locations.
11. Analysis of group net assets between funds
| Fixed Assets Cash at bank, in hand and deposits Net current assets Total Prior Year Fixed Assets Cash at bank, in hand and deposits Net current assets Total |
General Fund Designated Funds Restricted Funds 31st Dec 2025 Total £ £ £ £ 72,189 - - 72,189 584,045 - 22,733 606,778 83,516 - - 83,516 |
|---|---|
| 739,750 - 22,733 762,483 |
|
| General Fund Designated Funds Restricted Funds 31st Dec 2024 Total £ £ £ £ 63,641 - - 63,641 890,546 - 12,139 902,685 59,078 - - 59,078 |
|
| 1,013,265 - 12,139 1,025,404 |
32
Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee)
Notes to the Accounts Year ended 31 December 2025
12. Investment in subsidiary
| 12. Investment in subsidiary | |
|---|---|
| Investment in | |
| subsidiary | |
| undertaking | |
| £ | |
| Cost and net book value | |
| As 1 January 2025 | 100 |
| Additions | - |
| As 31 December 2025 | 100 |
The wholly owned trading subsidiary Look Good Feel Better Trading Limited was incorporated in England and Wales (Registered Company No: 09017551) on 29th April 2014 and pays all of its taxable profits to the charity under the gift aid scheme. Its registered office is at West Hill House, 32 West Hill, Epsom, KT19 8JD. The Company carries out trading activities on behalf of the Foundation, including, but not limited to licencing the name of Look Good Feel Better Programme to commercial partners engaged in promotions which are of benefit to the Charity.
The results for the year of the subsidiary are shown below.
| Turnover Cost of Sales/Administrative expenses Profit before taxation Corporation tax payable Profit after tax Gift aid donation to parent charity Surplus for the year Retained earnings brought forward Retained surplus for year Total assets Total liabilities Total funds |
2025 2024 £ £ 384,999 432,681 (149,407) (80,073) Look Good Feel Better Trading Limited |
|---|---|
| 235,591 352,608 - - |
|
| 235,591 352,608 (235,591) (352,608) |
|
| - - - |
|
| - - |
|
| 434,325 483,000 (434,225) (482,900) |
|
| 100 100 |
33
Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee) Notes to the Accounts Year ended 31 December 2025
13. Related Party Transactions
Included in debtors of the parent charity is an amount of £517,453 (2024: £468,725) due from the fully owned subsidiary Look Good Feel Better Trading Limited. This includes profit of £235,591 (2024: £352,608) which is donated under a deed of covenant from the Trading Company to the Charity.
Included in the creditors of the parent charity is an amount of £209,066 (2024: £150,331) due to the fully owned subsidiary Look Good Feel Better Trading Limited.
Trustees of the Charity in the main hold senior roles in member cosmetic companies. Those companies have in aggregate donated £540,772 in the year (2024: £420,000).
14. Prior year comparatives
| 14. Prior year comparatives | |
|---|---|
| Donations and legacies - General donations and legacies - Member Pledges - Gifts in Kind Other trading activities Other TOTAL EXPENDITURE ON: Raising funds Charitable activities Gifts in Kind Other TOTAL NET INCOME/EXPENDITURE FOR THE YEAR Funds brought forward at 1 January Funds carried forward at 31 December INCOME AND ENDOWMENTS FROM: |
Unrestricted Restricted Total Funds Funds 2024 £ £ £ 981,933 97,945 1,079,878 172,390 - 172,390 1,713,794 - 1,713,794 565,859 - 565,859 17,339 - 17,339 |
| 3,451,315 97,945 3,549,260 |
|
| 906,070 - 906,070 - 1,713,794 - 1,713,794 697,362 131,266 828,628 |
|
| 3,317,226 131,266 3,448,492 |
|
| 134,089 (33,321) 100,768 879,176 45,460 924,636 |
|
| 1,013,265 12,139 1,025,404 |
34
Cosmetic, Toiletry & Perfumery Foundation (Limited by Guarantee) Notes to the Accounts Year ended 31 December 2025
15. List of Supporting Organisations
The following is a list of significant donors to the LGFB Programme in 2025. The donations may have been financial or of products, volunteer time, advertising space or other services. The Foundation would like to express its gratitude for all donations received over the period.
Member Companies
Partner Organisations
Christian Dior / LVMH American Crew Aromatherapy Kenneth Green Associates Association L’Oréal UK Barber Pro Morphe Benefit Cosmetics Philip Kingsley Cantu Revlon Collection Cosmetics Shiseido Group Coty UK Limited The Perfume Shop Dr Lipp Dr PawPaw Elemis Elf Elizabeth Arden Glorious Brands Harrods John Lewis Kiko Cosmetics Laser Clinic Marc Jacobs NUXE OPI Nails Refy Beauty Revolution Beauty Rituals Shakeup Cosmetics Silk Company Wella Wormser UK Yardley London
35