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2022-09-30-accounts

REGISTERED COMPANY NUMBER: 02890943 (England and Wales) REGISTERED CHARITY NUMBER: 1032828

REPORT OF THE TRUSTEEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022 FOR CANCER HELP (PRESTON) LIMITED (A COMPANY LIMITED BY GUARANTEE)

Foster & Co. Limited Unit 16 Eastway Business Village Olivers Place Fulwood Preston PR2 9WT

CANCER HELP (PRESTON) LIMITED

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022

Page
Chairmans Report 1 to 2
Report of the Trustees 3 to 9
Independent Examiner’s Report 10
Statement of Financial Activities 11
Balance Sheet 12 to 13
Notes to the Financial Statements 14 to 21
Detailed Statement of Financial Activities 22 to 24

CANCER HELP (PRESTON) LIMITED

CHAIRMAN’S REPORT

FOR THE YEAR ENDED 30 SEPTEMBER 2022

Once again, I must report that CancerHelp has experienced another challenging year. As I write this report in late 2022 it seems that to a large extent the country has returned to a degree of normality, following the worst effects of the Covid-19 pandemic. However, I had to remind myself that as the charity started the new financial year, in October 2021, the country was still in the grip of the pandemic. The Omicron variant was spreading quickly, and the Government introduced Plan B to protect the NHS which included the use of face masks, a vaccine booster program, and a mandatory requirement for Covid Passes, in certain settings.

Thanks in large part to the vaccination program, over the course of the previous year, and the booster program in late 2021, the primary impacts of Covid-19 on daily lives began to lessen. However, for the charity that was not necessarily the case. There were two main effects that the charity had to deal with. Firstly, financially, the charity’s gross income fell by 25%. Secondly, the virus restricted, and compromised, the charity’s ability to deliver its services. Both issues are explained in more detail later in this report.

The Annual Report includes the charity’s Annual Accounts which provide a detailed study of the charity’s finances. As a rule, I try to avoid detracting from that part of the Report by not including numbers here. That said, the headline figure to be drawn from the accounts is that the charity lost nearly £25,000 in the year ending 30[th] September 2022.

However, I think it is important to note that the Government support, that the charity benefited from in the previous two years, ended. In that I would include the furlough scheme and business continuation grants. The estimated value of that support over the two years was around £200,000. Unfortunately, the charity’s other income streams, such as fundraising and donations did not recover sufficiently to replace this loss. In addition, two of the charity’s four shops, Plungington Road and New Hall Lane, did not reopen though I must note that the shops in Garstang and Longridge performed exceptionally well.

Through this statement, the thanks of the Trustees are offered to the volunteers who kept those shops open and to every single volunteer whose support makes the heart of the charity beat.

In concluding this financial note, I should say that over the three years, October 2019 to September 2022, affected by Covid the Trustees hoped, and set budgets, to break even. In the event, over that three-year period the charity made a surplus of circa £90,000.

Looking forward, as the prospect of an economic crisis looms, I believe the charity will find that people, and companies, will have less to give, costs such as energy will increase and concurrently demand for the charity’s services will grow. Therefore, a realistic and accurate budget will be an essential part of the 2022/23 Operating Plan.

As the year unfolded, we began to understand the true impact of Covid-19 on the National Health Service. Many areas of our health service were at breaking point because of the strain of dealing with the pandemic and the difficulties in delivering routine services during the last three years. The number of people awaiting investigative tests for cancer, cancer diagnosis and cancer treatments all grew significantly. Sadly, there were many cancer patients who, under normal circumstances, had treatable cancers but who were eventually diagnosed with, and/or treated for, terminal conditions.

Not surprisingly the charity’s service delivery teams have noted a significant increase in the complexity of cases presenting to them. The impact of delayed diagnosis and treatment has had a huge impact on the mental health and wellbeing of many clients. As a result, the average time required for each adult therapy session increased significantly towards the end of the year. The pressures on the charity’s adult service team were increased with the departure of the Head of Adult Services. At the time of writing that position has not been filled. The continued delivery of services would not have been sustainable were it not for the flexibility, dedication, professionalism, and support of the charity’s counsellors.

Page 1

CANCER HELP (PRESTON) LIMITED

CHAIRMAN’S REPORT - continued FOR THE YEAR ENDED 30 SEPTEMBER 2022

Despite the extended use of volunteer and student counsellors to fill the gap a solution will be required in the new year.

Over the course of the year the charity delivered 1080 (1390) adult sessions, 390 (276) Children and Young People sessions and 940 (1128) Complementary Therapy sessions. These figures are estimates (see note below) and the figure in brackets is a nominal capacity agreed through the planning process. The total number of people seen, on a one-to-one basis, was Adult Services 154, Children and Young People Services 56 and Complementary Services 134. It is important to note that these numbers do not include the large number of people helped through drop ins, telephone calls, support groups, and cancer specific groups. The greatest compliment to the service delivery teams lies in the words of people who have accessed the charity’s services.

“Every person I have met has shown me kindness and compassion, with a genuine sense of understanding. My therapist has given me the strength to carry on in the hardest time of my life. She has great empathy, allowing me to be honest with my thoughts and feelings, without judgement.”

“The warm welcome and smiling faces just cheer me up every time. If I could bottle it and sell it, I’d be a millionaire! This has been such a wonderful place to come; one where I could express my true feelings, release my tears, and be comforted without feeling I am being a burden.”

To try and deliver accurate and up to date performance data the board introduced the Senior Management Performance Report. The aim of the report was to provide Trustees with the data they require to discharge their legal duties and to provide senior managers with the information they need to operate the charity efficiently and effectively. I believe it is fair to say, as the year ends, the report requires significant work to ensure the data is consistent, reliable, and timely.

In the charity’s 2021/22 Operating Plan, senior managers set sixteen objectives of which nine were fully or partially met. That broke down into four Organisational Objectives of which two were met, four Employment Objectives of which none were met, three Service Delivery Objectives of which two were met and five Financial Objectives of which five were met. The mixed levels of success led Trustees to commission an Operational Review to feed into this year’s planning process. It will consider the structure, roles, and responsibilities within the charity, human resource provisions, internal reporting processes and the ability of the charity to implement change. Given the importance and nature of the findings of the Operational Review, the recommendations will form the basis of the Operating Plan for the coming year.

In concluding, I think it is fair to say that the year was a mixed one in many respects – some positives and some negatives. I have no doubt that the coming year will be equally challenging. However, as I write these reports, and I think this is my twelfth, I reflect on the ever-present strength of CancerHelp - its people. Despite the challenges, the trials, and the tribulations the charity has faced over many years it is still here, delivering life changing services to hundreds of people, each year. This success has been built on the quality, dedication, kindness, and skill of the people who work and volunteer within the charity.

If you are one of them, thank you so much for all you have done and, if you are not, why not come and join us?

Jonathan Gorick

Chair of Trustees

Page 2

CANCER HELP (PRESTON) LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2022

INTRODUCTION

The Board of trustees

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2022. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019).

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

02890943

Registered Charity number 1032828

Registered office

Vine House Day Care Centre 22 Cromwell Road Ribbleton Preston Lancashire PR2 6YB

Trustees

Mr J D Gorick Miss J M Robinson Mr P D Hine Miss R Mallett Rev D L Anderson Mr M J Swift Mrs R L Rose Mrs A R Shorrock

Company Secretary Mrs H C Patterson

General Manager Miss J Smalley

Independent examiner

Jill Foster ACA Institute of Chartered Accountants in England & Wales Foster & Co Ltd Unit 16 Eastway Business Village Olivers Place Fulwood Preston PR2 9WT

Solicitors

The Charity’s solicitors are Marsden Rawsthorn Solicitors Limited, 3-4 Faraday Court, Fulwood, Preston, PR2 9NB.

Bankers

The Charity’s bankers are Barclays Bank PLC, 38 Market Street, Lancaster, LA1 1HS.

General Manager

Miss J Smalley

Page 3

CANCER HELP (PRESTON) LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2022

OBJECTIVES AND ACTIVITIES

Management

For the third consecutive report, the Trustees must recognise the impact that the Covid-19 pandemic has had on the charity. Once again, the country was subject to varying degrees of restrictions including the Government’s Plan B, primarily designed to avert a service delivery disaster within the NHS. However, thanks to the program of vaccines and boosters, the country began a journey towards a degree of normality, as the year progressed. Nonetheless, the legacy of the pandemic continued to be felt and, in many respects, it will take a long time for the economy, businesses, and people to truly recover.

The Trustees ability to manage the charity improved as in person meetings, such as the Trustees’ Meetings, were held once more though attendees continued to be offered online access. The Covid-19 working group, consisting of the Chairman, Jonathan Gorick, Treasurer, Rachel Mallett and Trustee, Mike Swift, became the operating group of trustees. Through its monthly meetings, Trustee Assurance Meetings (TAM), trustees continued to oversee the operation of the charity through General Manager, Jeanette Smalley. The decisions and outcomes of the TAM’s were referred to the Trustee Board for approval.

At a financial level the Trustees are indeed pleased to report that CancerHelp has survived another difficult year. It has done so thanks to the hard work and commitment of its staff and volunteers. The charity has continued to deliver its support to all those who have sought its help. In doing so the charity has had to draw on its reserves to compensate for the loss of Government support on which its financial survival was dependent in the previous two years.

Aims

CancerHelp strives to be the leading charitable provider of support for all those affected by cancer and close family bereavement, in Central Lancashire. CancerHelp will offer the highest standards of help, advice, and therapy to all those who seek assistance; allowing them to find comfort, gain self-confidence and, above all, live fulfilled lives.

Page 4

CANCER HELP (PRESTON) LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2022

Significant activities

The main activities undertaken in relation to the objectives of the charity include a mix of one-to-one counselling/therapy and groupwork. The main areas of one-to-one support are

The main areas of group support are

Given the impact of Covid-19 earlier in the year it should be noted that some of the services (mainly the group sessions) listed above were not available during the earlier parts of the year. The charity’s ability to deliver some of these services has been dictated by its response to Government Restrictions and Guidelines. CancerHelp has provided the services listed above as and when permitted and safe to do so.

The charity’s services are reviewed on a regular basis to ensure they continue to satisfy the objectives of the charity and continue to meet the needs of service users. Client feedback is sought and published within senior management reports. Almost exclusively that feedback is very positive reflecting the value of the services provided and their ability to help service users to deal with traumatic circumstances.

The charity offers a dedicated service for children and young people. The service provides support to those who are affected by cancer themselves or in their immediate family. That support extends to children and young people who are experiencing, or have experienced, close family bereavement associated with cancer. It is well known that, without appropriate support, many such children and young people go on to develop psychological disorders that can adversely affect the remainder of their lives. Sadly, the statutory Children and Adolescent Mental Health Services have raised their thresholds so that bereavement no longer meets their referral criteria. CancerHelp’s Stride service is unique in Central Lancashire.

The benefit provided to the people of Central Lancashire by CancerHelp cannot be measured in terms of money or statistics. It must be measured in terms of the well-being of that large part of society touched by cancer. To the recipients of CancerHelp’s support the benefit is invaluable.

Page 5

CANCER HELP (PRESTON) LIMITED

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2022

Public benefit

The trustees have given due consideration to Charity Commission published guidance on the operation of the public benefit requirement.

The charity exists to help all those affected by cancer in Central Lancashire. It aims to help cancer patients, their families, and their carers to live with the disease and its consequences. This includes support through diagnosis, treatment and sadly sometimes death. CancerHelp fills a significant gap in service provision in Central Lancashire. That gap lies between the diagnostic, medical intervention and associated support services offered by Lancashire Teaching Hospitals, including the NHS charitable organisation Rosemere, and the palliative care provided by St Catherine’s Hospice.

Macmillan Cancer Support estimates that there are over three million people currently living with Cancer in the UK, a figure that has increased by almost 500,000 in the last five years. It is anticipated that, by 2030, the number of people living with cancer will be four million. Talking therapies and complementary therapies have been proved to be effective in protecting the wellbeing of people coping with the disease and its consequences. The services offered by charities such as CancerHelp have never been more important than they are now.

That is why, every year, several hundred people from Central Lancashire access the charity’s cancer support centres in Preston (Vine House) and Garstang (Croston House). Following assessment, they are directed to one, or more, of the charity’s services, depending on their individual need. Usually this will result in six to eight one to one meetings with one of the charity’s qualified and experienced counsellors or access to one of the specific support groups. Support can be provided in person at Vine House or Croston House (as and when it has been possible to open), at home, by video link or over the phone. CancerHelp provides several thousand service user sessions every year. All the services offered by the charity are free of charge.

Cancer does not discriminate by age, gender, race, or background and neither does CancerHelp; everyone is welcome to access its services.

Volunteers

This report offers Trustees the opportunity to recognise that the charity could not function without its team of dedicated volunteers. Without their much-appreciated efforts the community would be deprived of an invaluable service. They are the lifeblood of the charity and are often its unsung heroes.

Once again, this has never been truer than in the year just ended. As the impact of the Covid-19 pandemic lessened, and the charity’s shops and day care centres reopened, the charity’s volunteers returned. Between them they ensure the charity generates income, the shops are open, the day care centres can welcome clients and vital services are delivered.

CancerHelp, like many other charities, has a constant need for new volunteers. Generally, its ranks of volunteers tend to be elderly and sadly, for several reasons, some are no longer with us. The charity has an active program to recruit volunteers at all points of contact with the public. Not surprisingly many volunteers come from the large number of people who have benefited either directly or indirectly from the work of the charity. Others have been young people volunteering in the charity shops, particularly students. That is vital as new energy and enthusiasm provides encouragement to existing volunteers. CancerHelp strives to ensure volunteering is a positive experience that has the potential to provide a sense of giving back, confidence, self-worth, companionship, and valuable work experience.

Finally, it is worth remembering that the Trustees, who are ultimately responsible for the well-being of the charity, are also volunteers. They provide their time, experience, and skills free of charge.

Page 6

CANCER HELP (PRESTON) LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2022

ACHIEVEMENT AND PERFORMANCE

Charitable activities

There is no doubt that the Covid-19 pandemic has continued to have a significant impact on the National Health Service’s ability to deliver its routine services. It’s resources have for over two years been consumed by its response to the pandemic. As a result, many cancer patients have experienced delays to diagnosis and to treatment. At its extreme this has resulted in treatable cancers becoming terminal. More commonly cancer patients have experienced significant levels of stress which has resulted in mental health issues. It therefore comes as no surprise that CancerHelp’s counsellors and therapists have noted a significant increase in the complexity of the cases presented to them. This has meant the charity’s service delivery teams have had to spend more time with individual clients depending on their specific needs. None the less, over the course of the year, CancerHelp supported several hundred new service users and has continued to offer its core services.

The provision of a comprehensive assessment process at the first point of contact allows CancerHelp to direct service users to the most appropriate service or services. The charity provides and facilitates counselling and support for each person as an individual at their own pace depending on the individual stage of the illness or psychological need.

For thirty-three years CancerHelp has been providing support services for cancer patients, their families, their carers and young people affected by bereavement. This year has been another of the most difficult and challenging the charity has experienced.

Fundraising activities

The charity has struggled to recover from the complete shutdown in fundraising activities. Over the previous two years the charity was able to rely on Government support through the furlough scheme and business support grants, valued at £200,000. That has not been repeated this year. The charity’s single most important source of income has been its shops which sell donated goods to the public. Sadly two of the charity’s four shops, Plungington Road and New Hall Lane Preston, have not reopened though the two best performing shops, Garstang and Longridge, have. Fortunately, both performed much better than expected, more than compensating for the two closed shops.

Income derived from “in person” fundraising fell below that hoped for as did the level of donations. However, the Friends Group maintained their invaluable support for the charity and raised significantly more than budgeted. Despite the best efforts of the charity income generated from grants was one third of that expected.

On a more positive note, the local NHS Clinical Commissioning Group continued to provide its funding for contracted services.

As previously reported the charity’s financial survival can be put down to several factors. Primarily the hard work of its own staff and volunteers over the previous two years ensuring the charity accessed all available funding and, in part related, its reserves.

Page 7

CANCER HELP (PRESTON) LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2022

FINANCIAL REVIEW

Principal funding sources

For many years the charity’s principal funding sources have remained the same. The single largest source of income are the shops which deliver one third of the charity’s income. Thereafter voluntary giving, made up of donations and fund raising, provides a further third of the charity’s income. Finally, there is the income received from the NHS through contracts with the local Clinical Commissioning Group to deliver specific services. The Trustees are aware that this funding stream is changing as the CCG’s are replaced with Integrated Care Systems. Time is being taken by the charity’s senior managers to ensure the charity is represented in this change process.

Investment policy and objectives

It is the policy of the Trustees to be risk averse in the stewardship of its resources and therefore cash deposits are not to be applied in any venture considered by them to be risky. Although interest rates on cash deposits remain at an all-time low the Trustees believe the security of the capital sums on deposit are a priority.

Reserves policy

The Trustee Board’s current policy is to hold a minimum of six months operating costs in reserve. These are free reserves to be used for charitable purposes with no restrictions placed upon them. Despite the events of this year the Trustees believe that it is highly unlikely that all CancerHelp’s income streams would fail simultaneously and therefore the charity’s reserves would be added to during that six-month period. Any reserves relating to restricted funds do not have a spending timescale imposed on them.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, its memorandum and articles of association dated 25th January 1994, and constitutes a limited company, limited by guarantee. Its memorandum and articles of association were amended on 22nd April 1998 and again on 20th April 2016 when the company's articles of association were modernised and brought up to date following various changes in statutory legislation. The liability of the members is limited to £1 per member.

Recruitment and appointment of new trustees

The recruitment and appointment of new Trustees rests with the board of directors who are the trustees. In identifying potential new Trustees, the board consider any potential gaps in the makeup of the existing board and look specifically to recruit someone with the necessary skills and experience to actively bring benefit to the charity from their expertise.

Organisational structure

Under normal circumstances, the Trustees meet every two months to discuss the charity's affairs and plan for future events. This has not been possible for much of the year. Senior members of the board did meet as part of the Covid-19 management team monthly to resolve day to day issues with input being sought from staff and volunteers. Urgent issues were dealt with over the telephone or via electronic communication with the Trustee Board. The day-to-day activities of the charity are overseen by the General Manager who liaises with the staff and volunteers, the Trustee working group, and as required the Trustee Board.

Induction and training of new trustees

New trustees are given all the necessary and relevant information relating to the running of the charity over recent years to bring them up to speed with the charity and its work and how it operates thus promoting a seamless introduction.

Wider network

Referrals are often given by health professionals working for the National Health Service whose own organisation cannot provide the kind of service being offered by the charity. Patients and/or their families and carers can also refer themselves directly and the charity's services are open to anyone regardless of age, race or ability to pay with support offered by specialist professionals each accredited in their relevant area of expertise.

Related parties

The Trustees consider that they themselves and the General Manager and Company Secretary have the power to exert significant influence over the charity. Generally, there are no transactions either directly or indirectly between parties connected to the above and the charity.

Page 8

CANCER HELP (PRESTON) LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Trustees have a risk register which identifies those major risks to which the charity is exposed. Where appropriate systems or procedures have been established to mitigate those risks. This register is updated periodically.

Procedures are in place to ensure the health and safety of staff, volunteers, and service users at Vine House, Croston House, and the charity’s shops. Additional rules have been implemented to cover the delivery of services during the Covid-19 pandemic to protect both the service user and the service provider.

As was the case last year, the focus of the Board of Trustees has been the risk of depletion of financial resources. The Trustees are very much aware that income that has secured the survival of the charity in this year will not be available next year. Policies to increase, and diversify, income to avoid dependency upon such sources of income will have to be considered. The charity will need to build on the success it has seen in some areas such as grants. CancerHelp continues to seek corporate support from local businesses.

The balance between the need to manage finances and fulfil CancerHelp’s objectives has been a significant challenge for the Trustees. The results contained in these Annual Accounts highlight a degree of success in achieving this. Thanks to growth in Grants, the maintenance of Donations and the receipt of Government support the charity has balanced its books over the course of the year. That position was somewhat improved by the generous legacy, referred to earlier, that has left the charity with a surplus in the year.

The Trustees recognise that the relative success of the year is built on income streams that may not be repeated in the future. The Covid-19 virus is still prevalent and is likely to exist for years to come. The charity is facing yet another challenging year in which new forms of income will be required and one in which its costs will need to be closely managed.

Despite the challenges, the Trustees remain committed to ensuring the long-term future of the charity and the continued delivery of support to those that seek its help.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 22 March 2023 and signed on its behalf by:

............................................. Mr J D Gorick - Trustee

Page 9

CANCER HELP (PRESTON) LIMITED

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF CANCER HELP (PRESTON) LIMITED

Independent examiner’s report to the trustees of Cancer Help (Preston) Limited (‘the Company)’

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2022.

Responsibilities and basis of report

As the charity’s trustees of the Company (who are also the directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your Charity’s accounts as carried out under Section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

The Company’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England & Wales.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the Charities SORP (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Miss J K Foster A.C.A. Institute of Chartered Accountants in England & Wales Foster & Co Limited Unit 16 Eastway Business Village Olivers Place Fulwood Preston Lancashire PR2 9WT

Date: 22 March 2023

Page 10

CANCER HELP (PRESTON) LIMITED

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 SEPTEMBER 2022

Unrestricted
Restricted
Notes
Fund
Fund
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
107,227
36,476
Other trading activities
2
160,538
-
Investment income
3
5,390
-
_
_
Total
273,155
36,476
EXPENDITURE ON
Raising funds
4
47,086
-
Charitable activities
Therapies & support costs
132,145
72,315
Governance costs
82,733
-
_
_
Total
261,964
72,315
_
_
NET (EXPENDITURE)/INCOME
11,191
(35,839)
Transfers between funds
14
(35,839)
35,839
_
_
Net movement in funds
(24,648)
-
RECONCILIATION OF FUNDS
Total funds brought forward
1,126,662
-
_
_
TOTAL FUNDS CARRIED FORWARD1,102,014
-
_
_		 2022
Total
Funds
£
143,703
160,538
5,390
_
309,631
47,086
204,460
82,733
_
334,279
_
(24,648)
-
_
(24,648)
1,126,662
_
1,102,014
_		 2021
Total
Funds
£
298,106
102,326
3,907
_
404,339
71,433
203,040
86,777
_
361,250
_
43,089
-
_
43,089
1,083,573
_
1,126,662
_

The notes form part of these financial statements

Page 11

CANCER HELP (PRESTON) LIMITED

BALANCE SHEET

30 SEPTEMBER 2022

Unrestricted
Notes
Fund
£
FIXED ASSETS
Tangible Assets
9
809,160
CURRENT STOCK
Stocks
10
679
Debtors
11
32,068
Cash at bank and in hand
329,476
_
362,223
CREDITORS
Amounts falling due within one
year
12
(69,369)
_
NET CURRENT ASSETS
292,854
_
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,102,014
_
NET ASSETS
1,102,014
__
FUNDS
14
Unrestricted funds
TOTAL FUNDS		 Restricted
Fund
£
-
-
-
56,031
_
56,031
(56,031)
_
-
_
-
_
-
__		 2022
Total
Funds
£
809,160
679
32,068
385,507
_
418,254
(125,400)
________
292,854
________

1,102,014
_

1,102,014
_
1,102,014
_
1,102,014
__		 2021
Total
Funds
£
813,792
250
60,107
332,975
_
393,332
(80,462)
_
312,870
_
1,126,662
_
1,126,662
_
1,126,662
_
1,126,662
__

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibility for

The notes form part of these financial statements

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CANCER HELP (PRESTON) LIMITED

BALANCE SHEET - continued

30 SEPTEMBER 2022

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies’ regime.

The financial statements were approved by the Board of Trustees and authorised for issue on

22 March 2023 and were signed on its behalf by:

………………………….

Miss R Mallett - Trustee

The notes form part of these financial statements

Page 13

CANCER HELP (PRESTON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘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 (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain assets.

Cancer Help (Preston) Limited is a private company, limited by guarantee, registered in England and Wales. The company’s registered office address can be found on page 3 of the Trustees Report.

The presentation currency of the financial statements is the Pound Sterling (£). The financial statements are rounded to the nearest £1.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office Equipment - 20% on cost Motor vehicles - 20% on cost

The trustees arrange for the property to be revalued on a regular basis by Garside Waddingham, Chartered Surveyors. The most recent valuation was undertaken on 7 July 2022 and showed that the value had increased to £885,000. Historically, the trustees have adopted the market value within the accounts, but this year have not shown details of the increased value as one property is undergoing significant refurbishment, and the trustees will arrange for a further revaluation to be undertaken when work has been completed. As the professional valuation shows an increased value, no depreciation has been charged.

Page 14

CANCER HELP (PRESTON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS – continued FOR THE YEAR ENDED 30 SEPTEMBER 2022

1. ACCOUNTING POLICIES – continued Capitalisation of fixed assets

Each class of assets is included at cost except for land and buildings which is capitalised at valuation. Only assets with a value of £400 or more will be added to capital expenditure, small amounts being considered trivial in nature.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities and also from Value Added Tax on its trading activities relating to its four charity shops.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor/provider of funding or when funds are raised for particular restricted purposes.

Financial instruments

The following assets and liabilities are classified as financial instruments – cash at bank and on hand, trade and other debtors, trade creditors and bank loans.

They are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Donated goods

Members of the public and supporters of the Charity donate goods to each of the Charity’s four shops. The income derived from the sale of those goods in recognised only when a sale has been made, or where the goods are not saleable when a receipt is made for the sale of scrap or waste products.

Where goods of a capital nature are donated for the Charity’s use the value ascribed to those goods are what a reasonable person would pay for the equipment bearing in mind its age, and condition when acquired. Such a value is then treated as a cost for the equipment and also as an income donation of an equal amount.

Retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company’s pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Page 15

CANCER HELP (PRESTON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS – continued

FOR THE YEAR ENDED 30 SEPTEMBER 2022

2. OTHER TRADING ACTIVITIES

Fundraising events
Shop takings
Christmas card sales
3.
INVESTMENT INCOME
Rents received
Bank account interest
4.
RAISING FUNDS
Raising donations and legacies
Staff costs
Consultancy fees re grants
Other trading activities
Purchases
Christmas cards
Fundraising event costs
Aggregate amounts		 2022
£
33,176
127,132
230
_
160,538
_
2022
£
5,390
-
_
5,390
_
2022
£
-
4,000
_
4,000
_
2022
£
42,888
137
61
_
43,086
_
47,086
_		 2021
£
30,478
71,848
-
_
102,326
_		 2021
2021
£
3,884
23
__
3,907
_____		 2021
2021
£
2,267
6,750
_
9017
_		 2021
2021
£
61,581
778
57
_
62,416
_		 2021
71,433
_

Page 16

CANCER HELP (PRESTON) LIMITED NOTES TO THE FINANCIAL STATEMENTS – continued FOR THE YEAR ENDED 30 SEPTEMBER 2022

5. NET (EXPENDITURE)/INCOME

NET (EXPENDITURE)/INCOME
Net (expenditure)/income is stated after charging/(crediting):
Depreciation – owned assets
Independent examination fee		 2022
£
4,632
__
3,000
____		 2021
£
4,628
_____		 2021
4,150
_____

6. TRUSTEES’ REMUNERATION AND BENEFITS

There were no trustees’ remuneration or other benefits for the year ended 30 September 2022 nor for the year ended 30 September 2021.

Trustees’ expenses

There were no trustees’ expenses paid for the year ended 30 September 2022 nor for the year ended 30 September 2021.

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
Restricted
Fund
Fund
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
189,706
108,400
Other trading activities
102,326
-
Investment income
3,907
-
_
_
Total
295,939
108,400
_
_
EXPENDITURE ON
Raising funds
71,433
-
Charitable activities
Therapy Work
80,720
122,320
Support costs
86,777
-
_
_
Total
238,930
122,320
_
_
NET INCOME/(EXPENDITURE)
57,009
(13,920)
Transfers between funds
(13,920)
13,920
RECONCILIATION OF FUNDS
Total funds brought forward
1,083,573
-
_
_______

TOTAL FUNDS CARRIED FORWARD
1,126,662
-
__
_		 Total
Fund
£
298,106
102,326
3,907
_
404,339
_
71,433
203,040
86,777
_
361,250
_
43,089
-
1,083,573
_
1,126,662
_		 Total
Fund
£
298,106
102,326
3,907
_
404,339
_
71,433
203,040
86,777
_
361,250
_

Page 17

CANCER HELP (PRESTON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS – continued

FOR THE YEAR ENDED 30 SEPTEMBER 2022

8. EMPLOYEE EMOLUMENTS

No employees’ benefits exceeded £60,000 during the year (including taxable benefits in kind but not including pension contributions).

Two employees classified as key management personnel received between them £49,360 (2021: £49,225).

The average number of trustees during the year was 8 (2021: 8).

The average number of employees during the year was 6 (2021: 7).

9. TANGIBLE FIXED ASSETS

Land and
Office
Buildings
Equipment
£
£
COST/VALUATION
At 1 October 2021 &
30 September 2022
800,000
147,774
_
_
DEPRECIATION
At 1 October 2021
-
133,982
Charge for year
-
4,632
_
_
At 30 September 2022
-
138,614
_
_
NET BOOK VALUE
At 30 September 2022
800,000
9,160
_
_
At 30 September 2021
800,000
13,792
_
_		 Motor
vehicles
£
10,000
_
10,000
-
_
10,000
_
-
_
-
_		 Totals
£
957,774
_
143,982
4,632
_
148,614
_
809,160
_
813,792
_

Included in cost of land and buildings is freehold land of £245,000 (2021 - £245,000).

The valuation of freehold properties is based on an open market valuation undertaken by Garside Waddingham, Chartered Surveyors on 22 April 2016. The trustees obtained a further valuation in July 2022 which showed a revalued amount of £885,000. As detailed in the accounting policies note the trustees have not adopted this value.

If freehold property had not been revalued it would have been included at the following historical cost:

Cost £
807,450
_

Page 18

CANCER HELP (PRESTON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS – continued

FOR THE YEAR ENDED 30 SEPTEMBER 2022

10.
STOCKS
2022
£
Stocks
679

11.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
£
Other debtors
24,539
Prepayments
7,529
_
32,068
_
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022
£
Trade creditors
18,549
Social security and other taxes
920
Other creditors
400
Accruals and deferred income
105,531
_
125,400
____
2021
£
250

2021
£
49660
10447

60,107
___		 2021
£
250
___
2021

2021
£
11,206
-
872
68,384
__
80,462
____
2021

Deferred income consists of funding received during the year, the performance relating to that funding to be carried out in the following year.

13. SECURED DEBTS

The bank borrowings are secured by a first legal charge on the land and buildings of the charity.

14. MOVEMENT IN FUNDS

Net
Movement
At 01.10.21
in funds
£
£
Unrestricted funds
Unrestricted fund
1,126,662
11,191
Restricted funds
Restricted fund
-
(35,839)
_
_
TOTAL FUNDS
1,126,662
(24,648)
_
_		 Transfer
between
funds At 30.09.22
£
£
(35,839)
1,102,014
35,839
-
_
_
-
1,102,014
_
_

Page 19

CANCER HELP (PRESTON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS – continued

FOR THE YEAR ENDED 30 SEPTEMBER 2022

14. MOVEMENT IN FUNDS – continued

Incoming
Resources		 Movement
Resources
expended		 in funds
£
£		 £
Unrestricted funds
Unrestricted fund 273,155
(261,964)		 11,191
Restricted funds
Restricted fund 36,476
(72,315)		 (35,839)
_
_		 _
TOTAL FUNDS 309,631
(334,279)		 (24,648)
_ _ _
Comparatives for movement in funds
Net
Transfer
Movement
between
At 1.10.20 in funds
funds		 At 30.09.21
£ £
£		 £
Unrestricted funds
Unrestricted fund 1,083,573 57,009
(13,920)		 1,126,662
Restricted funds
Unrestricted fund - (13,920)
13,920		 -
__ __
_		 _
TOTAL FUNDS 1,083,573 43,089
-		 1,126,662
__ __ _ _
Comparative net movement in funds, included in the above are as follows:-
Incoming
Resources		 Movement
Resources
expended		 in funds
£
£		 £
Unrestricted funds
Unrestricted fund 295,939
(238,930)		 57,009
Restricted funds
Unrestricted fund 108,400
(122,320)		 (13,920)
__
_		 _
TOTAL FUNDS 404,339
(361,250)		 43,089
__ __ __

Page 20

CANCER HELP (PRESTON) LIMITED

NOTES TO THE FINANCIAL STATEMENTS – continued

FOR THE YEAR ENDED 30 SEPTEMBER 2022

15. CONTINGENT LIABILITIES

During the year the Charity accounted for a total of £8,892 (2021: £850) from the client accounts of a firm of solicitors connected to the Charity by virtue of common directorships. Despite the best efforts of the law firm to trace their missing clients they were unable to do so, and The Solicitors Regulation Authority have confirmed the funds may be donated to charity on the undertaking that a repayment will be made should the missing clients (or any of them) be traced.

Although the funds have been received the Trustees have had to sign indemnities in favour of the law firm to repay some or all of the amounts totalling £27,848 (2021: £18,956) should those missing clients be traced.

Any liabilities are contingent on the missing clients being found and them proving to have a valid claim on the funds which have now been donated.

16. RELATED PARTY DISCLOSURES

During the year ended 30 September 2022 aggregate donations were received without conditions from Directors/Trustees or organisations connected to Directors/Trustees amounting to £21,876 (2021 £22,550). These donations were received without attached conditions which would, or might, require the charity to alter significantly the nature of its existing activities, except to the extent of £8,892 total £27,848 (2021 £18,956) referred to in the Contingent Liabilities note contained in these financial statements.

17. ULTIMATE CONTROLLING PARTY

The Directors consider that there is no controlling party as the company is limited by guarantee, and there is no one person exercising dominant influence over the Charity.

18. OPERATING LEASE COMMITMENTS

The following operating lease payments are committed to be paid within one year:-

Land and buildings
Expiring:
Within one year
Between one and five years		 2022
£
-
20,000
_
20,000
_		 2021
£
-
26,300
_
26,300
_		 2021

Page 21