CHESHIRE ASBESTOS VICTIMS SUPPORT GROUP
HON. TREASURERS REPORT 2024/2025
Hi everyone,
Thank you for having me as Treasurer.
Our income this year was down overall on the previous year by some £4500. This meant we returned to a similar level to the 2022/23 financial year. The group has recently increased the sponsor amount for the next financial year but has also recently lost one of its main sponsors which may affect income going forward.
In terms of our expenditure, most were consistent with the previous year, but utilities, salaries and IT expenses did increase, leadingto an overall increase in expenditure of around £4000. Overall, the group ended the year with a loss of £4,578.22.
In other news, online banking was set up which should aid ongoing financial management. | will be looking into integrating this with Xero over the coming year.
Our bank accounts remain healthy, and | am confident that the group will thrive in the coming years.
Thanks again, and | look forward to the year ahead.
Charles Green.
Chairpersons resort 2025
This is the chairman’s report for the Cheshire Asbestos Victim Support Group for 2025.
We continue to provide a service and offer advice on the benefits available to those suffering from asbestos related diseases. This year we have managed to obtain (either directly or indirectly (via civil claims)) an astonishing figure of nearly £2m. This figure may be significantly higher as we only receive notification from approximately 70% of our clients.
We continue to contribute to the Asbestos Support Group Forum who provide one voice for asbestos victims nation-wide and to bring any issues to the All-Party Parliamentary group on Occupational Health and Safety for consideration. The campaign for Cape Industries to pay a sum of money in compensation is still on-going with little movement.
The 2024 Action Mesothelioma Day was held at the Walton Hall Golf Club with a theme of wellbeing, healthy and was a success with several members attending. At the end of the event, there was a Qi Gong class which was enjoyed by our members and staff.
The group has arranged monthly coffee clubs and these have seemed to be well received. The last club of 2024 was also a Christmas dinner as a thank you for our supporters which was well attended. The continuing enjoyment of the coffee club is down to the enthusiasm of our committee member Lou and the commitment of our clients.
The group held a University Challenge type event for our solicitors at Daresbury Village Hall in October which was again well received and enjoyed by all. This will become an annual event
The group would like to thank our panel of solicitors for their continued and much needed financial support and assistance so that we can continue our work. We would also like to thank all of those who have provided donations in these difficult times which have helped us to maintain our work.
Finally, | would like to thank the staff and volunteers because, without these people giving their time and expertise, the group could not continue to provide the outcomes that we do for our clients.
Les Hodgkinson
Chair
April 2025
Unaudited Financial Statements for the Year Ended 31 March 2025
Cheshire Asbestos Victims Support Group
Cheshire Asbestos Victims Support Group
Contents of the Financial Statements for the Year Ended 31 March 2025
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|---|---|---|---|---|
|Page|
|General|Information|1|
|Client Approval|Certificate|2|
|Detailed|Profit and|Loss|Account|3|
|Balance|Sheet|4|
|Notes|to the|Financial|Statements|5|
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Cheshire Asbestos Victims Support Group
General Information for the Year Ended 31 March 2025
PROPRIETOR:
ADDRESS:
ACCOUNTANTS:
CAVSG
3 Fryer Street Runcorn Cheshire WA?7 1ND
Jennions Macken Ltd Suite 1, Foundry House Waterside Lane Widnes Cheshire WA8 8GT
:
Page 1
Unaudited Financial Statements
for the Year Ended 31 March 2025
Cheshire Asbestos Victims Support Group
Client Approval Certificate
in accordance with the terms of engagement of Jennions Macken Ltd, | approve the financial statements for the year ended 31 March 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes. | acknowledge my responsibility for the financial statements, including the appropriateness of the accounting basis as set out in note 1, and for providing Jennions Macken Ltd with all information and explanations necessary for their compilation.
| _ AnGag, : ecret OMA CAVSG Date:eRe J ~ ae
.
i
Page 2
Cheshire Asbestos Victims Support Group
Detailed Profit and Loss Account for the Year Ended 31 March 2025
| 31.3.25 | 31.3.24 | ||||
|---|---|---|---|---|---|
| £ | £ | £ | £ | ||
| Income | |||||
| Halton Borough Council | - | 5,000 | |||
| Sponsorships | 30,000 | 24,000 | |||
| Membership | 183 | 167 | |||
| Donations | 9,913 | 14,973 | |||
| Ses | 40,096 | See ye |
44,140 | ||
| Other income | |||||
| Sundry receipts | 60 | 608 | , | ||
| Depositaccount interest | 660 | 622 | |||
| re tak ae | 720 | ane, | 1,230 | ||
| 40,816 | 45,370 | ||||
| Expenditure | |||||
| PremisesCosts | 8,804 | 7,629 | |||
| Wages | 25,523 | 24,109 | |||
| VolunteerExpenses | 2,530 | 2,494 | |||
| Outreach and CaseWork | 1,463 | 1,315 | |||
| Licencesand insurance | 1,354 | 1,142 | |||
| Administration | 5,630 | 4,518 | |||
| Welfareand Trips | 9 | 49 | |||
| eer Tape | 45,313 | nt CA ae | 41,256 | ||
| (4,497) | 4,114 | ||||
| Depreciation | |||||
| Computer equipment | 83 | 83 | |||
| NET(LOSS)/PROFIT | (4,580) | 4,031 |
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:
Cheshire Asbestos Victims Support Group
Balance Sheet 31 March 2025
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|||||||
|---|---|---|---|---|---|
|31.3.25|31.3.24|
|Notes|£|£|.|£|
|FIXED|ASSETS|
|Tangible|assets|2|-|83|
|CURRENT ASSETS|
|VAT|;|165|-|
|Prepayments|619|612|
|Bank|Deposit|Account|47,551|46,891|
|Bank Current Account|28,620|39,867|
|Nat West Account|2|30,499|18,818|
|Cash|in|hand|297|57|
|107,751|106,245|
|CURRENT|LIABILITIES|
|Accruals|and|deferred|income|51,321|45,318|
|Sar|ee|56,430|ar|aT|60,927|
|NET ASSETS|56,430|61,010|
|FINANCED BY|
|CAPITAL ACCOUNT|3|56,430|61,010|
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Page 4
Cheshire Asbestos Victims Support Group
Notes to the Financial Statements for the Year Ended 31 March 2025
1, ACCOUNTING POLICIES
5
Basis of preparing the financial statements
The financial statements have been compiled on a basis which enables profits to be calculated in . accordance with generally accepted accounting practice and which provides sufficient and relevant _ information to enable the completion of a tax return.
2. TANGIBLE FIXED ASSETS
'
| TANGIBLE FIXED ASSETS | ||||||
|---|---|---|---|---|---|---|
| Plantand | Computer | |||||
| : | machinery | equipment | Totals | |||
| £ | a | £ | ||||
| COST | ||||||
| At 1 April 2024 | ||||||
| and 31 March 2025 | 30,000 | 6,212 | 36,212 | |||
| DEPRECIATION | ||||||
| At 1 April 2024 | 30,000 | 6,129 | 36,129 | |||
| Charge foryear | - | 83 | 83 | |||
| At31 March 2025 | 30,000 | 6,212 | 36,212 | |||
| NETBOOKVALUE | ||||||
| At 31 March 2025 | - | - | - | |||
| At 31 March 2024 | - | 83 | 83 | |||
| CAPITALACCOUNT | ||||||
| 31.3.25 | 31.3.24 | |||||
| £ | £ | £ | £ | |||
| - | Broughtforward | 61,010 | 56,979 | |||
| Add | ||||||
| Net profit | - | 4,031 | ||||
| 61,010 | 61,010 | |||||
| Less | ||||||
| Net loss | : | 4,580 | - | |||
| ure, | 56,430 | Sa | 61,010 | |||
| 56,430 | 61,010 |
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