Helen Rollason Heal Cancer Charity Financial Statements Year Ended 31 January 2025 Charity registration number.. 1052861 Company registration number.. 03144906
Helen Rollason Heal Cancer Charity Financial Statements Year Ended 31 January 2025 Contents Page Charity Reference and Administrative Details Trustees, Annual Report Independent Examiner's Report Statement of Financial Activities 10 Balance Sheet 11- 12 Notes to the Financial Statements 13-20
Helen Rollason Heal Cancer Charity Charity Reference and Administrative Details Year Ended 31 January 2025 Charlty registration number 1052861 Company registratlon number 03144906 Trustees John Triston (Chair) Elaine Oddie ffreasurer) Chantal Constable Rachel Leech Tracey Hazell {R8signed Nov 2024) David Johnson Ben Schneider Tom Carr Frederike Englund Registered and operational office Yvonne Stewart House The Street Hatfield Peverel Chelmsford CM3 2EH Independent Examiners Shirley Smith & Co Limited 11 Chandlers Way South Woodham Ferrers Chelmsford CM3 5TB Bankers Barclays Bank PIC 1 Churchill Place London E14 5HP
Helen Rollason Heal Cancer Charity Trustees, Annual Report Year Ended 31 January 2025 The Trustees are pleased to present their Strategic Report and the Annual Report together with the financial statements of the charity for the year ending 31 January 2025 which are a150 prepared to meet the requirements for a directors. report and accounts for Companies Act purposes. The financial statements of the charity comply with the Charities Act 2011. the Companies Act 2006, the Memorandum and Articles of Association, and 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) (issued in October 2019). Structure, governance and management Governing document The organisation is a charitable company limited by guarantee. incorporated 11 January 1996 and registered as a charity on 9 February 1996. The company was established under a Memorandum of Association which established the objects and powers of the company. In the event of the company being wound up, its members are reqUId to contribute an amount not exceeding £10. Appointment of trusteos The directors of th8 company (the charity) are also charity trustees for the purposes of charity law and under the company's Memorandum & Articles, are known as Trust88S. Under the provisions of the Articles.. the number of trustees shall not be less than three but (unless determined by ordinary resolution) is not subject to a maximum. at every annual general meeting. one third of the trustees who are subject to retirement by rotation (or the number nearest to one third} shall retire and those to r8tire are those who have been longest in office since their last appointment or reappointment. Persons are invited to become trustees by the exisling trustee board. The trustee board is reviewing the skills and experience of the existing trustees and the needs of the charity. As a result, the trustees are actively engaged in the recruitment of additional trustees to strengthen the trust88 board. Under the Articles, the members of the company comprise the subscribers to th8 Memorandum and such other persons or organisations as are admitted to membership in accordance with the rules made by the trustees. Rules were made by the trustees on 11 July 2005 and provide that the trustees may to admit membership any person over the age of eighteen who is not a paid worker of the charity or any of its subsidiary companies and who in the opinion of the trustees has made a significant contribution or commitment to the work of the charity. The charity currently has 24 members.(2024'. 24) Trustee induction and tralning Upon appointment truslees shall be provided with a welcome pack and encouraged to visit the various centres operated andlor supported by the charity. The purpos8 of the pack is to give new trustees an induction to the work of the charity and their responsibilities and to provide signposts to further information and resources. Organlsatlonal structure John Triston is Chair of the charity overseeing the board of Trustees. The Chief Executive Officer is responsible for the day-to-day operations of the charity. The team is led by the Chief Executive Officer. The other managers have delegated authority for their areas of the operation.
Helen Rollason Heal Cancer Charity Trustees, Annual Report Year Ended 31 January 2025 The trustees meet with the CEO monthly to monitor the running and performance of the charity. Regular meetings are also held between the CEO and the key managers to discuss the strategic direction and current issues. Related parties and Cowoperatlon with other organisations The charity works closely with several medical and health organisations including Ihe Mid Essex Hospital Services NHS Trust. Princess Afexandra Hospital Trust, St Lukes Hospice and Spire Healthcare. The charity also has working relationships with Look Good Feel Bett8r, RHS, Nicola Jane, Wig Bank and other community organisations. Pay policy for senior staff The board of trustees and the senior management team comprise the key management personnel of the charity. The directors of the company (the charity) are also charity trustees who give their time freely receiving no remuneration for their time and contribution. The pay of the s8nior staff is reviewed annually and compared to other organisations of similar size and nature. Rlsk management The trustee5 have adopted a statement of risk policy which (inter alia).. ensures that the trustees review the major risks to which the charity is exposed and that systems are estsblished to mitigate those risks. ensures that it is recognised that risks can arise both from the charity's activities and a failure to act on or exploit opportunities- in respect of volunteers. gives rise to an expectstion for them to consider the risks of any activlty and act in accordance with any recomm8ndations for risk manag8ment', states that proposed new activities, significant increases in existing activities and significant changes in the way those activities are pursued are first required to be the subject of a proper proposal to the trustees and risk assessed. The trustees have instituted a review of major risks to which the charity is exposed with a view to establishing a risk register and a procedure to mitigate the risks the charity faces. This document is reviewed every three months by the management team, and any recommendations are then advised to the trustees. Procedures are in place to ensure compliance with health and safety of staff, volunteers. clients and visitors to the several premises where the charity Conducts its operations. Report from Chlef Executive Officer In England there are more than 321,000 new cancer cases every year. and with that number rising, the need for good cancer care is greater than ever. With just under 1,400 clients accessing our complementary therapy. counselling and support groups our ambition is to reach as many clients and their loved ones as we can. Helen Rollason Cancer Charity support clients throughout their Gancerjourney whether this be at the beginning of a cancer diagnosis, throughout or after treatment. We offer free. accessible and good quality care to 5UPPOrt well-being without the need of a referral. Currently we have two Centres within Essex, one based at Hatfield Peverel and the other at Harlow (inside Harlow Leisurezonel. Helen Rollason Cancer Charity also deliver reflexology tr8atments at Princess Alexandra Hospital Chemo Unit and Spire Hartswood {Brentwood) and Spire Southend.
Helen Rollason Heal Cancer Charity Trustees, Annual Report Year Ended 31 January 2025 We are very pleased to continue to support clients wilhin Mid Essex for Manual Lymphalic Drainage with a specific grant from Mid & South Essex NHS Trust. for which we are very grateful. Our support groups have continued to develop and further enhances our clients experience whilst living with cancer. In the year ahead we will be setting up focus groups, as well as using our client evaluations, to ensure the views of our clients are considered for any new areas of support. We have continued to collaborate with other organisations to further support our clients. Organisations such as Nicola Jane, Macmillan Benefits Advisors, Look Good Feel Better and Royal Horticultural Society, have offered services in our Centres to our client base. We will continue to look for these opportunities as we move into next year. We are blessed to have 200 volunteers now supporting Helen Rollason Cancer Charity, and only the FTE equivalent of 17 members of staff. Without our volunteers we cannot continue to operate as we do, and we are forever grateful for the time. support and enthusiasm they give us. This year we have focused heavily on cutting our costs to ensure as much Money as possib18 goes back into supporting our clients. We have completed this via a formal review of all departments, as well as reviewing all our suppliers and streamlining our processes. Training has also been given as requir8d on all areas of compliance. As we move into our next year, Helen Rollason Cancer Charity must continue to look for opportunities to minimise costs, but also to focus on diversifying incom8 Streams. It is also important that we continue to adapl to the changing needs of our client base but also reach out to others who may not be aware of our services. l am confident with the expertise and drive we have within the organisation, the support of our board and Collaborative partners, we will b8 able to continue to offer quality of Ca for those living with cancer. Strateglc Report Objectives and actlvltles The Charity is established for the benefit of the public to assist in the treatment and care of persons suffering from cancer by supporting people living with cancer through dedicated c8ntres and virtual services, offering support, counselling and a range of complimentary treatments and therapies. The vision of the charity is to enable a better quality of lrfe to anyone living with and affected by cancer. It aims to offer services that will support and care for individuals touched by cancer and improv6 their quality of life. Providing support for cancer patients, emotional wellbeing alongside their medical treatment, continues to be at the Core of the charity's mission. The charity is the legacy of BBC broadcaster Helen Rollason, whose wish was: 'Good quality of life while coping with cancer. It is the most important gift a sick person can receive. It should be available to everyone" At the year end the charity had the following support centres.. Mld Essex situated in Hatfield Peverel. near Chelmsford and West Essex in Harlow. HRCC offers reflexology. massage, aromatherapy massage and Bach flower remedies for clients as well as counselling for Glients and their immediate loved one. The 5UPPOrt centres also give access to support groups to meet others. The Mid Essex Centre also offer manual lymphatic drainage for those diagnosed with lymphoedema. This is a massage technique that encourages the trapped lymphatic fluid along alternative pathways in the body thus reducing the swelling of the affeded limb. This is funded by the Mid & South Essex Trust via St Luke's
Helen Rollason Heal Cancer Charity Trustees, Annual Report Year Ended 31 January 2025 Hospice. Clients receiving this treatment must be registered with a GP within tho boundaries of the NHS Trust and there must be a referral from a medical professional. The contract with the NHS for a manual lymph drainage service provides a small percentage of the charity's income. The charity is funded almost entirely by donations from the public and our clients, the proc8eds from our retail outlets and through fundraising events. Events are organised by the charity's own fundraising team along with a large group of volunteers, fundraising support groups and other supporters of the charity. One in two people will be diagnosed with cancer during their lifetime and the services that Helen Rollason Cancer Charity's offer are needed more than ever. The trustees regularly review its aims, objectives and activities and the benefits they have brought to the people the charity aims to help. The trustees have referred to the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and planning future activities. In particular the trustees consider how planned aclivities will contribute to the aims and objectives they have. The charity's main activities are described above. All the charity's activities are to promote the care and support of individuals affected by cancer and are undertaken for the purposes of public benefit. Volunteers The charity is extremely grateful for the considerable efforts of its volunteers who are involved in the provision of the charity shop operations, fundraising, support ntre$ and main office. Currently we have around 200 regular volunteers supporting us. as well as many others who volunteer for our 8venls. Achievements and performance The feedback below from clients emphasises the difference the charity makes to people living with cancer.. "They help to achi8ve a sense of calmness regardless of what the future may look like, It helps to find calm amongst the storm, thank you kindly for everything" "As soon as you enter the centre there is a sense of calm. The receptionists are kind. and the therapists have been incredible with their empathetic response to anything and everything have thrown at them" "One of those places that when you have a scary cancer diagnosis, softens the blow and helps you continue a normal life, knowing you have someone to turn to" "I will forever be grateful for the time and care you have provided me and continue to do so" In addition to the above, the charity has continued to achieve the following during the year- Client feedback continues to show very high satisfaction levels with 970/0 of clients surveyed stating that HRCC services have improved their quality of lrfe. Finalised the review of all departments, suppliers. compliance and structure of the organisation. Reduced the financial deficit whilst still supporting nearty 1,400 clients. Increased brand awareness within targeted areas in Essex.
Helen Rollason Heal Cancer Charity Trustees, Annual Report Year Ended 31 January 2025 Financial review The charity recorded a deficit of £12k for the year which was a significant improvement from the initial budget set by the Trustees which indicated a deficit of £50k at the beginning of the year. The reduced deficit is a credit to the management team in exercising strong leadership in cost savings. Donations increased by 10 % compared with the previous year and income from the retail operation also increased by 7.5 %. The charity has opened an additional retail outlet since the year end and anticipates furth&r growth in this income stream in the forthcoming year. Charitable expenditure remained on budget for the year at a totsl of £418k Reserves at the end of the year remain over £1.3m of which over 250/0 is in cash. Although our reserves are high, the Trustees and Managemenl of the charity are focussed on growing our income to ensure we can continue to provide our vital services to our clients. Plans for the future The charity's 5-year strategy is to continue to provide support to those living with cancer, increasing our client reach. We are currently reviewing our long-term strategy. aims and mission. Our strategy for 2025 is as follows: Renewed focus on our ¢lientjourney to ensure we are providing our services to the right people at the right time and therefore having a greater impact on quality of Irf8. Building on our brand by maximising relationships and developing all our income and profitability both big and small, with a focus on effort v achievement. Focusing on retail as to what works best and getting it done to maintain gr0h and profit. Consolidation and continuous review of all procedures within the organisation to enhance our development. Annual Report Investment powers and pollcy The charity's liquid funds are invested in short term deposits in order to maximise the investrnent income while retaining cash for working capital requirem8nts. Amounts are held in deposit accounts and where not required as working capital imminently on fixed term treasury deposits. It is the charity's policy to acquire only fixed assets which will produ income for the charity in the future such as medical equipment. leasehold trading premises and vehicles for use in the trading activities. Fundraising The Gharity seeks to raise funds to support its ServIS by obtaining donations from clients using its services and from other individuals and businesses. It also generates income from fundraising events organised by the charity, sponsorship money from individuals participating in sporting events such as the London Marathon and other challenge5. Such income is raised by the charity's in house fundraising team of staff and volunteers and is monitored by the Board. The charity does not use any professional fundraisers or commercial agencies to raise funds on its behalf.
Helen Rollason Heal Cancer Charity Trustees, Annual Report Year Ended 31 January 2025 To protect vulnerable people and other members of the public from unreasonable intrusion on a person's privacy. unreasonably persistent approaches for the purpose of soliciting or otherwise procuring money or other propety on behalf of the charity and placing undue pressure on a person to give money or other property the charity Complies with GDPR regulations. The charity also ensur8S that all staff and volunteers employed by the charity who undertake fundraising roles follow the fundraising Code of Practic8. Third party fundraisers are supported by a member of the fundraising team to ensure their fundraising does not breach regulations. We review our privacy policy yearly and GDPR Iraining has been undertaken along with other training such as cyber security to ensure compliance to key members of the team. Reserves policy and going concern 11 is the trustee's policy that a minimum of 6 months forecast expenditure should be held on unrestricted Reserves, of which at least 50 % should be held in cash. The trustee's aim is lo have total charitable spend at 67% of total income in the coming financial year. The Charity is very fortunate to have so many volunteers supporting Helen Rollason Cancer Charlty. This does save the Charity funds but does have a direct impact on the charitsble 0/0 spend. The trustees have reviewed the circumstances of the charity. The charity is car8fully monitoring ils level of reserves. They are currently of the view that the charity is a going concern. Key management personnel The directors of the charitable company (the charity} are its trustees for th8 purpose of charity law. The trustees and officers serving during the year and Sin the year end date were.. Trustses John Triston (Chairl Elaine Oddie (Treasurer) Chantal Constable Rachel Leech Tracey Hazell (resigned November 2024) David Johnson Ben Schneider Tom Carr Friederike Englund Management leam Hazel Keane Evelyn Fitz-Patrick Justine Wilsher Alison Matthews Zoe Jay Lisa Curtis Chief Executive Officer Management Accountant Head of Shared Services Head of Retail Head of Fundraisinglmarketing Head of Support Services Trustees, responsibilities In relation to financlal statements The charity trustees (who are also the directors of Helen Rollason Heal Cancer Charity for the purposes of company law) are responsible for preparing the trustees, annual report and financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
Helen Rollason Heal Cancer Charity Trustees, Annual Report Year Ended 31 January 2025 Company law requires the charity trustees to ppare financial statements for each financial year which 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 those financial statements, the trustees are required to: select suitable accounting policie5 and then apply them consistently. observe the methods and principl8s in the Charity SORP. make judgements and estimates that are reasonable and prudent. slate whether applicable UK accounting stsndards have been followed, subject to any material departures disclosed and explained in the financial statements. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records which disclose with r8asonable accuracy at any time the financial position of the charitab18 company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for tsking reasonable steps for the prevention and detection of fraud and other irregularities. Statement as to disclosure of infonnatlon to Independent examiners So far as the trustees are aware at the time of approving our trustees, annual report: there is no relevant information, being information needed by the independent examiner in conn8Ction with preparing their report, of which the charity's independent examiner is unaware, and the trustees, having made enquiries of f811ow directors and the charity's independent examiner that they ought to have individually taken. have each taken all steps that helshe is obliged to take as a director in order to make themselves aware of any relevant independent examination information and to eslablish that the independent examiner is aware of that information. This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies, exemption. The trustees declare that they have approved the Irustees, report (including directors. report) above. On behalf of the board John Triston. (Chalr) Trustee 8 September 2025
Helen Rollason Heal Cancer Charity Independent Examiner's Report to the Trustees of The Helen Rollason Heal Cancer Charity Year Ended 31 January 2025 I report to the charity trustees on my examination of the accounts of the company for the year ended 31 January 2025 which are set out on pages 10 to 20. Responsibilities and basls of report As the charity trustees of Ihe company land also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Acl 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 company'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 Charrty Commission under section 145{5){b) of the 2011 Act. Independent examlnerfs statement 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 that in any material respect.. accounting records were not k@pt in respect of the company as required by sedion 386 of the 2006 Act: or the accounts do not accord with those records: or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102}]. I have no conc&rns 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. Signed: Shirley Smith & Co- Independent Examiner Chartered Accountants 11 Chandlers Way South Woodham Ferrers CM3 5TB 8 September 2025
Helen Rollason Heal Cancer Trust Statement of Financial Activities Year ended 31 January 2025 2025 2024 Note Unreslricted Restrlcted funds funds Total funds Total Income: Donations & legacies Charitable activities Other trading activities Investments Other 223,650 78,513 563,472 10,388 1.625 223,650 78,513 563.472 10,388 1,625 235,385 65.077 492,048 3.649 1.525 Total income 877,648 877,648 797.734 Expendlture: Raising funds Charitable activities 445,798 443,446 445.798 443.446 493,458 392.548 Total expendltur8 889,244 889,244 886,006 Net incomelexpenditure for the year {11,596) {11,596) (88,272) Transfers between funds 2.377 (2,377) Net deflclt after transfers (9,219) (2,377) {11,596) (88,2721 Reconclllatlon of funds: Total funds brought forward 1,364,436 2.377 1.366.613 1,455.085 Total funds carried forward 1355217 1355,217 1,366,813 The brought forward and carried forward funds above have been agreed to the Balance Sheet. A separate Statements of Total Recognised Gains and Losses in not required as this ststement includes all recognised gains and losses. All activities derive from wntinuing operations. The notes attached on pages 13 to 20 form and integral part of these accounts 10
Helen Rollason Heal Cancer Charity Balance Sheet As at 31 January 2025 2025 2024 Note Fixed assets Tangibl8 assets 13 952,819 964,484 Current assets Stock Debtors Cash at bank and in hand 14 15 1,230 90,179 331.915 1,628 71,885 370.513 Total curront assets 423.324 444,026 Credltors: amounts falling due within one year 16 20,926 41,697 Net current assets 402,398 402,329 Total net assets 1,355,217 1,366,813 The total net assets are funded by the funds of the charity as follows:. Rostricted funds Restricted revenue funds 18 2,377 Unrestrlcted funds Unrestricted revenue funds 18 1,355,214 1,364,436 Totsl Charity funds 1,355,214 1,366,813 The brought forward and carried forward funds are agreed in accordance with the terms of the SORP. The Directors are satisfied that the company is entitled to exemption from the requirement lo obtain an audit under section 477 of Companies Act 2006. The members have not required the company to obtain an audit in accordance with section 476 of the Act. The Directors acknowledge their responsibilities for complying with the requirements ofthe Companies Act 2006 with respect to accounting record5 and preparation of accounts. The charity is subject to independent examination under the Charity Legislation. and the report of the independent examiner is on page 9. 11
Helen Rollason Heal Cancer Charity Balance Sheet As at 31 January 2025 The financial statements have been prepared in accordance with the provisions in part 15 of the Companies Act 2006, applicable to companies, subject to the small companies, regime. John Triston, Director and Trustee Approved by the board of trustees on 8 September 2025 The notes attached on pages 13 to 20 form an Integral part of these accounts. 12
Helen Rollason Heal Cancer Charity Notes to the Financial Statements Year Ended 31 January 2025 Summary of significant accounting policies (a) General infomiation and basis of preparation The accounts have been prepared on the accrua15 basis, under the hislorical cost convention. and in accordance with the Financial Reporting Standard 102, (effective 1st January 20161 and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in February 20161, (The SORP), published by the Charity Commission in England & Wales (CCEW) , effectlV8 January 2016. Helen Rollason Heal Cancer Charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note. (b) Income recognition All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received, and the amount of the income receivable can be measured reliably. Donations are recognised when the Charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the Charity before th8 Charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the Charity and it is probable that these conditions will be fulfilled in the reporting period. Grants are recognised when the Charity has an entitlement to the funds and any conditions linked to the grant have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released. (c) Expendlture recognltlon A liability, and the related expenditure, is recognised when a legal or conslructive obligation exists as a r8suIt of a past event. and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated. Liabilities arising from future funding commitrnents and constructive obligations, including performanc8 related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities and is decreased by the utilisation of any provision within the period and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates. (d) Donatsd servlces and facilitles Donated professional services and donated facilities are recognised as income when the charity has control over them, any conditions associated with the donated item have been met, the reGeipt5 of economic benefits from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102). the general volunteer time of the charity is not recognised. Details can be found in the Trustees. Report. 13
Helen Rollason Heal Cancer Charity Notes to the Financial Statements Year Ended 31 January 2025 (e) Allocation of support costs Support costs are those functions that assist the work of the Gharity but do not directly undertake charitsble activities. Support costs include back-office costs, finance, personnel. payroll and governance costs which support the charity. These costs have been allocated between cost of raising funds and expenditure on charitable activities on the basis of time spenl by relevant staff. (fj Interest recelvable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity. This is normally upon notification of the interest paid or payable by the bank. (g) Operatlng leases The charity classifies the short-term lease of properties and equipment as operating leases, the title of which remains with the lessor. Rental charges are charged on a straight-line basis over the term of the lease. {h) Tangible flxed assets Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its inlended working condition. Depreciation has been provided at the following rated in order to write off the assets to their anlicipated residual value over estimated useful lives. Flxtures & fittings Medical equipment Motor vehicles 150/0, 20 %, 25% & 33.33 /0 per annum 14.290/0 per annum {Fully depreciated) 250/0 per annum (Fully depreciated) Leasehold land and buildings are amortised in equal instalments over the lease period. Freehold land and buildings were valued in January 2020 at £920.000. The directors are of the opinion that the current carrying value is not materially different to their market value as at 31 January 2025. (i) Intangible fixed assets Amortisation is provided to write off the cost of the intangible assets over their expected useful life at a rate of 10Vo per annum. This asset {Datsbase) has been fully deprecialed. (i) Stock of goods purchased and donated for resale stock of goods purchased for resale is included at the lower of cost or net realisable value. The value of goods donated held in the charity shops for resale at the year end is not recognised in the balance sheel as it is not practical or the charity to establish fair value on receipt of the good5. The amount is recognised when sold. (k) Flnancial instruments Including cash and bank balances Cash held by the charity is included at the amount held and counted at the year end. Bank balances. whether in credit or overdrawn. are shown at the amounts properly reconciled to the bank statements. 14
Helen Rollason Heal Cancer Charity Notes to the Financial Statements Year Ended 31 January 2025 (l) Debtors Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid net of discounts. (m) Creditors and provlslons Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at the settlement amount after allowing for any discounts due. (n) Pensions The charity makes contributions to a defined contribution scheme. Conlributions are charged to the statement of financial activities as they become due in accordance with the rules of the scheme. (o) Golng concern The financial statements have been prepared on a going concem basis as th8 trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of res8rves for the charity to be able to continue as a going concern. (p) Fund accounting Unrestricted funds are available for use at the discretion of the truslees in furtherance of the general objectives of the charity. Restricted funds comprise income which the contributor has specified are to be solely used for particular areas of the charity's work or for a specific project being undertaken by the charity. Donations and legacies 2025 2024 Donations Trust applications Govemment and council grants Legacies 196,664 13,500 5,486 8,000 202,308 2,500 3,150 27,427 223.650 235,385 Charitable actlvlties 2025 2024 Care centres 78.513 65,077 15
Helen Rollason Heal Cancer Charity Notes to the Financial Statements Year Ended 31 January 2025 Income from other trading activities 2025 2024 Retail sales Fundraising and events 362,902 200,570 298,490 193,558 563,472 492,048 Income from Investments All of the charity's investment income arises from interest bearing deposit accounts and room hire from Mid and West Essex centres. Cost of raising funds Charlty shop costs Fundraising costs Office running costs 230,445 135,537 79,816 445,798 201,934 219,282 72,242 493,458 The cost of raising funds Includes £nil (2024.. £nil) of restricted expenditure. Cost of charltable activities Care centre costs Fundraising costs Office running costs 416,608 26,426 412 443,446 366,315 25,857 376 392,548 The cost of running the care centres includes £nil (2024: £nil) of restricted expenditure. Staff costs Gross salaries Social security Pension contributions 493.577 26,487 7,065 527,129 491,334 27,090 7,490 525,914 There are no staff receiving emoluments of more than £60,000 {2024.' None). 16
Helen Rollason Heal Cancer Charity Notes to the Financial Statements Year Ended 31 January 2025 Staff numbers 2025 2024 Total paid staff 48 40 Full-time 4 days per week 3 days per week 2 days per week 1 day per week /2 a day per week Full time equivalent 12 13 14 15 17 15 At the year-end date 21 of the above employees participated in the defined contribution pension scheme. (2024: 18). 10. Trustees, remuneratlon and the cost of key management personnel The trustees rec8ived no remuneration or expenses during both the current or preceding year. The key manag8ment personnel of the charity comprise the trustees and the management team. The totsl employee ben8fits of the key management personn81 of the charity were £143,894 (2024.. £149.529) 11. Net incoming resources 2025 2024 Net incoming resources are stated after charging: Depreciation of fixed assets Independent examiners remuneration Rental payments under operating leases 13,735 4.800 93,046 18,134 5,160 87.848 12. Taxation As a charity, Helen Rollason Heal Cancer Charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied lo its charitsble objects. No tax charges have arisen in the charity. 17
Helen Rollason Heal Cancer Charity Notes to the Flnancial Statements Year Ended 31 January 2025 13 Tangibl8 fixed assets Land Fixtures & flttlngs Total buildings Cost At 1 February 2024 1,006,897 113,809 1,120.706 Additions 2,070 2,070 At 31 January 2025 1.006,897 115,879 1,122,776 Depreciation At 1 February 2024 51,210 105,012 156,222 Charge for the year 7,452 6,283 13,735 At 31 January 2025 58,662 111295 169 957 Net Book value At 31 January 2025 948,235 4,584 952 819 At 31 January 2024 955,687 8,797 964.484 Land & buildings is represent8d by: NBV Freehold property 947,612 Leasehold property 623 Total 948,235 The freehold propety was revalued at £920,000 on 8 January 2020 by a member of the National Association of Estate Agents from Robert Dewar Associates, Commercial & Industrial Property Agents, Surveyors and Valuers. The trustees do not consider the value at 31 January 2025 to be materially different to the current carrying value. 14 Stock 2025 2024 Goods purchased for resale 1,230 1.628 18
Helen Rollason Heal Cancer Charity Notes to the Financial Statements Year Ended 31 January 2025 15 Debtors 2025 2024 Gift Aid receivable Income receivable Prepayments 31,852 28,195 30.132 6.452 16,660 48.773 90,179 71,885 16 Creditors: amounts falling due within one year Trade creditors Other creditors Taxation and social security 6,783 6,595 7,548 18,974 25,364 {2,641) 20,926 41.697 Financial instruments Carrying amount of flnancial assets Debt instruments measured at amortised cost 28,195 16,660 Carrying amount of financlal liabilities Measured at amortised cost 13,378 44,338 17 Analysis of movements In funds 01102124 Incomlng Resources resources expended Transfers 31101125 Desl nated funds Unrestricted funds General Fund 1.364.436 877,648 (889,244) 2.377 1,355,217 Restricted funds Retail fund 2,377 (2,377) 1,366,813 889,244 1.355,217 19
Helen Rollason Heal Cancer Charity Notes to the Financial Statements Year Ended 31 January 2025 Purposes of reslrictsd funds The retail reserve was income raised by shop volunteers used in the maintenance and improvement of premises 18 Analysls of net ass8ts between funds General fund Restrlcted funds 2025 Total Tangible fixed assets 952,819 952,819 Current assets 423,324 423,324 Current liabilities 20,926 20,926 Net assets at 31 January 2025 1,355,217 1355,217 2024 Tangible fixed assets 964,484 964,484 Current assets 441,649 2,377 444,026 Current liabilities 41,697 41.697 Net assets at 31 January 2024 2,377 1366,813 19 Lease commitments 2025 2024 Falllng du8: Within one year Beeen 1-5 years After 5 years 72,389 238,896 300,311 40,174 4.790 611,596 45,504 20 Related party transactions Donations without conditions totalling £720 (2024.. £4,966) were made by trustees during the year. There were no other related paty transaclions during the year. 21 ultimate conlrolling party There is no ultimate controlling party. 20