Reglstered number.. 3325051 Charity number= 1062120 CORBY & DISTRICT CANCER CARE (A Company Limited by Guarantee) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
CORBY & DISTFUCT CANCER CARE IA Company Limited by Guaran) CONTEPs Page Referoncg •nd Admlnlstrntlvè D•taS1s of th• Charlty. Its Trustees and Advisor¥ Ttee5. Report Ind•p•nd•nt Examln&rf• Report Statement of Flnan¢l•l A¢tlvltlos 10 Balanc• She•t 11 Statemgnt of Cash Flows 12 Notes to th• Fln•n¢l¥l Stst•m•nts 13-29
CORBY & DISTRICT CANCER CARE (A Company Llmitod by Guafante•l REFERENCE AND ADMINISTRATIVE DETAJLS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2023 TrusteesldlrKto R Cooper L J P O'malley (resign 2 Odcthr 20231 G Tait C Reilly lappoinled 1 October 2023) K A Goviar lappointed 1 October 2023) I C Pric¢ lappointed 1 O¢tc4)¥r 20231 D A Renshaw lappointd 1 O¢ttsr 20231 T M Osbtsrn¢ lappoint$d 1 O¢tob¢r 20231 T Taffs18ppointed 1 O¢tob$r 20231 Company ro91ster numbor 3325051 Charfty regtstered number 1C62120 R•glst•r•d olfk• Lak•land$, B(rtland Road. Oak Vale, C¢xby. Ncrfthanls, NN18 8LX Secr•tary G Tait Independ•nt •x•mln•r MHA, Century House, The Lake8. Northampton. NN4 7HD Bank•r8 HSBC Bank pfc, Corby, Northants. NN17 1NY Solicltorn Touers. Exchange Court. cdtingham R¢od, Northants. NN17 1TY vage i
CORBY & DISTRICT CANCER CARE IA Company Limited by Guar4ntee} TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2023 The Tfuslees present their annual Teport logelher with the finan¢i81 ststemgnts of thè Company for the year 1 April 2022 10 31 March 2023. The Annual Report serves the purpose5 01 btsth 8 Trustees. report and a directors. report under cornpany law. The Trvslees confirn that the Annual Report aftd financial statemersls ol the Charrtab company comply wilh the current statutory rffjuirements. the requirements of the charrtable company's goveming document and the provisions of the Ststement of Recrxnmended Practice ISORPI applicabte lo chartties preparing their acc¢yJnls in accordance with the Financial Reporting Standard applicable in the UK and RepublK of IreLand IFRS102) (effective 1 January 20191. Since the company qualrfies as small under section 383, the strategic repcrft required ol mèdium and large ¢ompani&s under Th& Companies Act 2Cth {Slcale9ic R•port and Directorfs Rewtl Regulalitsns 2013 is not required. STRUCTURE, GOVERNANCE AND MANAGEMENT Constitutlon Corby & District Canr Carn is a company linited by guarantee by its Memorandum #nd Arti¢le$ 0fA$sttiaOn. The charitable company vrds lormed lo take over the KIMlw of a ¢harrtabL trust, Corby & Di81rict C8n¢or Care. whose assets were transferred lo the charitablg ccfflp¥ny on 18 Mar¢h 1997 th• consenl of th• Charlty Commission. Organh•tlon 8tru¢tuY• Tha charitable company is managed by the board of Trustee5. all of whom are directors of the ¢omp8ny, who considèr all sKJnifi¢ant expenditure And other requests al their ffleelirss. The ¢h¥rity employs a H05pice M8nag¥r who handles a119eneral administra1K and dher matters and reler5 lo the 808rd of Trustee8 as approprt¢. Trust••s The present membership of the Board is set tyjl b•tQAf. All di(ectors seNed throughout the peritrd. R Cooper L J P O'malley Ireswned 2 October 2023) GTart Tiuslees are invited to join the Board genefaltry on th& recommendation of existing Trustses ond do not serve minimum Of maximum per1 as Tru$tees. Page 2
CORBY & DISTRICT CANCER CARE IA Company Llmlted by Guarantee) TRUSTEES. REPORT leontinuedl FOR THE YEAR ENDED 31 hlARCH 2023 Rlsk managemant The major risks, lo whth Ctsrby 8 Di51rict Cancer Care Is expos. •$ #lèntffj by the Trustees, have bèèn viewed and sy31em5 have been established to mitigate Ihose ri5k5. The charrtablè company employs qualified staff who operale on written wocedures. There 15 a health and safety poIY to o3ver thè actiwties of the htsspi¢e. The Tfuslees consmler rhe insurance arrarvJemenls of the charity lo be adeqltate. A fundraising team is employed to ra¢se the future incc¥ne of the chafrtable cunpany. Th¢ board are activety seeking to reLrLtit and strength&n Ihe number of Iru51ees, this Pr¢$$ b woing. Since th& ¥r end wè have recruited six now Trustess but this process aNYdys undeT revivii. TralnSng ol trustees There 1$ no form•1 Ir¥ining progr•nm for Tw$i•es. Tru$t4•s have 8 wide experience and most have many years seM¢e •$ Trust¢es. CTIVES ANO ACTIVITIES OblectFv•s The Obj•rt3 of the ¢haritable ¢crfnpany las set out in the Memorandum of As¥oci¥lionl 8ffj the pvIsI¢n and maintenan¢& of a day-¢arè htssp lor the benefft of palients and carers in Corby and the $urroundirG district, to prom¢le and erKourage r•s&arch into the care and trealment of persons suffering from can¢er, and lo advance the edu¢alion of the publ¢. sufferws and r•[alS in matters relaling lo cancw. STRATEGIES FOR ACHIEVING 08JECTIVES - to promde a centre the relf of pain and distress. whether phrJK81. emotlonal, psychological. splritual or social.. - to ¢rèate a welcoming and compassionate envvonmenl for Fecyle diagnosed wlh g1rf4hreatenin9 illness, their lamilp5 ¥nd G8rtrrs', - lo provide holistK care lo enhance qualty of lrfè, irtludirvJ effectNe syThplom control and soctsl and emotional support, enabling the pefson lo live lrfe ¥$ fulty as ptsssibfe., - lo Ireal each individual with dignty. respect. understanding and acceptance. - lo establish a resource centre for education and training. for prd¢s$ionals. familEs and carers aThJ other support ageleS involved in piowding palh'alwe care.. - to provide development training and supwt for slaff and volurbleers lo ensure a Skil ond expert team that Is enthusiast about ts rt)le'. -10 work in partnrship with Ch'nul Cc¥nmFssioning Groups, Gener Prxtitioners gnd other provider5 in the development of comphen¥e pallwtNe ¢are servtts; - lo work with NorthamplOnshi Provthr SeM¢es in accordarte wth the infomiatK)n sharing 8greement svJned by both parties., - to monitor and evaluate our semces and implemerbt develwnent Pmgrammes vthere appropriate.. - to accepl referrals frc¥n District Nurses when a pat1 is fett to be wthin the last lour ekS ol lrfe- - to prowde skined nursing care to patients in their hune., - to prowde ¢onsecubve ¢are every nLqht induding eekends and bank holKlays (Wre possible) untl the palRnt dies or ¢are is no longer ¥equiied" - lo provide support and bereavement folkyw-up to families. carers and friends.. - to secure the financial resources lo run and devekp the seMce provide.. Pa9e 3
CORBY & DISTRICT CANCER CARE IA Cornpany Lim5ted by Guoranteel TRUSTEES. REPORT Icontlnuedl FOR THE YEAR ENDED 31 MARCH 2023 - to ensu ¢ost4ffe¢tiv¢ us¢ of w¢ur. Publlc ben•fft The Trustees confirm thal they ha referred lo Ihe guidance in thtr Charity Commission's publ Bentrfil Guidance when rewewng Ihe charrtable companys aims and obJ"edNe5 ¥nd in plannin9 future activiti8$. ACHIEVEMENTS AND PERFORMANCE GOING CONCERN After making appropriate enquirie5. the Irust¢e5 have a rea$able eXCtat)n that the company ha$ gdequate resource5 to continue in operational exi51en¢tr for the foresee#e future. For this raason they continu¢ to adopt the going concern basis in Pfeparing the financK81 slatements. Further detsits r89arding the adopl¥)n ol th¥ going concern basis can be found in the ACcntir9 Policies. REVIEW OF ACTIVITIES Tho LAk8lands jourw bogan thity.fve yEars ago in 1988 and stands as • testament to tha strong will and dfjt•fmination of •veryon• thal has b8en inld. Tho last three years have been extremety detrimenlal for the welfbeing of many old&r and vulnerable people within our communty, thwo has been crisis. anforce4J isolatKJn. fear and R5trKlion, dominatad by CovKI-19 pand&mic risk$. Working Ythhin govemment COVID-19 gUh4d1n w¥ wèr• able to reinstate many of Ouf ¢linkal services but with reslricled numbers to albw for •degu¥t¢ $c¢ial distancing. Ouf daycare Hospice serwce waB reduced to 4 days a week, the chronic obstru¢lNe, pulm)nary diseasè ¥nd heart failure program cne day per week and our Hospice al Hcffle cThilinued to cover 365 d¥ys of th¥ year. Collaboration betNeen the Hospice at Home team and the distri¢t nursin9 team enabled us lo ¢ontinu• to provide nights of care over the per)ts and this ha8 helpwj • nth¢Onl nUMr of paIntS to remain at htsme towards the end of their INes. There has ¢ontinu8d to be an I1•8s¢ in paInI attendance at the daycare hospice forbn9 the lrfting of the Te$tri¢tiffi$ caused by the COMD-19 crtsis. Trustees lime and Tesource conb.nued lo be d¢)minated by thè r8sF¥)nse to Ihe COVID-19 cri515 having regards to the lifting of reslricttsjns and the abilty for the Hospice to incmse numbers and prowde prè-pandemt¢ seNces. Committee meetirrtJs continued lo move frryn 'online" to in pèrson as did regular meetirG$ wrth th& Hospice management team to rewew, discuss and inpknenl strateg$ in reactin to the constsnl changes relating to the pandemtc. The Management Team of Corby Distr1 Cancer Care were ab to work in an increasingty cooperative manner and attended the HOspe as the restrictions lfted. Prewous wgrking pattems were incorporated into the new ways of working to $Lyport paiients and their carers who faGed a great deal of uncertainty and disrupts'on. Corby DislrKt Cancer Care focus&J on mainlaining as many of ts $¢Mcès as it could and worked l¢)wards relum to pre-pandemic semces and we maintained our H05pice at Home $erwcès throughout th8 WlIe of the financial year and speck41 menlion mvst go to the team of dedicated Hospice * Homè nurses and coordinators for maintaining the see tr• provKle ts1 end ol lile care tn the home to patients referred to us. Page 4
CORBY & DISTRICT CANCER CARE {A Company Limh6d by Guarant1 TRUSTEES, REPORT (COnnUtdl FOR THE YEAR ENDED 31 PAARCH 2023 C¢xnmunty fundraislng Yras a fctus hawng regards lo the restrictions cavsed by the pandemic and thè inability lo hokl ma55 partEcipation events. As a ccnmunity Hospice. hIstoral lunded by the geneiosty and support from its local popvlatM)n this conlsnues to be chalten9ing. The fvndraising team w85 Str$n9thened wth the appointment of 8 comrnunity lurtdr8iser 8nd the fLXUS continues on trust and grants. corporate support and securing funding, which m8y Wrtinue ¢0 be 8¥ailgble from ktal authority. Hospice, UK, and $mergenGy trust and grant support packages. 80th our tall premiseB in cOY ¢onlinue to rat¥ within 9uid•lines and have be8n able lo open up f¢llowng the easing of pandemic reslrKtions. Inccrfne levels have ProVed towards Pfwandemic levels and have increased gradLMlly with the help of the Man&aemenl strength of thè team throughout th8 Trading Company. The Day Hospi has concluded its phased recsjening lofkywing th¢ pondwnk and 411 staff and volunteers can n¢w att&nd in ac¢ordancè with guidelines and all staff and vc4uDleers undertakè ra9ular testing to ensure Ihat patients a $af$ and secure. Throughout the period and lo dale there have bo&n zero positNe Covid case$, which is a t¥stament to the load•rship of the Nurse Manager. Support 8ervKe$ such 8$ pab.enl o¢tMtie$. boroavement. counsdling and caro capr $upport 9r¢up meeting$ have been reinststed in the linan¢ial year Staff and Volunteorn Trustees woukl lthe lo thank the wJ)derful team of staff ¥nteerS who have $leadla$dy Vrt(ed through the pandemic and who have rrked above and Wond Ihe usual expectations throughout tho last year. FINANCIAL REVIEW Th•r• was a deficit for the per Wcfe realised unr801ts revaluat tosse5 on inve$tsn•nls wnounling to £173,514 12022.. £23,679). unle15ed aluat)fi loss M investrnents for the perh amounted lo £12,873 {2022 £3,479). Unrtstri¢ted funds at 31 Maid) 2023 amounted lo £813.52712022". £1,002,183). RestrKted fvnds at 31 March 2023 amounted to £41,06412022.' £38,795). The Trustees Jo monitorirKJ th& financ•s of the charitable company, and wepare an annval fore¢a$l whl¢h Is compared lo actual income and exAdIlur• ot 8 monlhPy rewew. Investment pollcy The Twst8es have considered the most appropriate pofw for investing fvnds Bnd have lound that combination of fixed interest stocks and equr(ies wth $h dwjsrts meet their requirements lo generate income and secure Gaptsl valuès. Thè Trustees will conts.nue to retain ¥ large prcports'on of k'quid fund$ to ensure that they are availabk to ¢ontinue fvnding the existing reqU1MentS of the trust. Consider that the charitable company has insuffu¢nt funds them lo btt investèd in the lor¥Jer term. All funds not required for immediate use are held on interest bèariro bank depos Page
CORBY & DISTRICT CANCER CARE IA Company Llmlt•d by Guarant901 TRUSTEES. REPORT Icontinued FOR THE YEAR ENDED 31 PfiARCH 2023 R•$èrv•$ poll¢y The reseryes poliy of Charitab CLThpany is bas¢d on hwng free restrN¢$ #t • lowl $Vff1¢nI lo hold twelve months operatsng expenditurè of free reserves. The defin"On of free reseryes for these purposes excludes fixed assets so rèpr•s4nts net ¢uryent assets on all funds and on this bas15 there is suffKient funds at the balance sheet date 31 March 2023. Ft 1$ th& poli¢y of the Twuslees not to hold 8pecrfK reserves. except wthere funds have been raised for a particular purpose. Th• puwe of the unrestricted funds is to finance the provi5icffl of the hospKe. Grant maklng polky The polKy of the Trustee5 is not lo make grants to indNKluals tr other chanttes. Volunt••r tlm• The Trustees and many other indivKluals 9ive a $KJnffi¢ant 8mwnt ol tmno in voluntary $ervic• to Ihe company. This tsme is not reflected in the financ statements. Fundlng The Trustaes ale sati$fièd Ihat, ¢oupld th Ih•ir intenlion to seek •dditi"on¥l funds, the ¢harWs assets are available and adfjquata to fubi its oblwJathxs. Stat•ment of trustees. r•8ponslbllltl•• Tho Trustetrs (who are atso directors of Corby & Di51rict Cancer Care lor the purposes ol c¢)mpany lawl aro responsible for preparing the Trustees. Report and the financk?I statements in accordance with applkabb law and United Kingdom Accounting Standards (Unrted Kingdcm Generalty Accepted Accounting PraCte1. Ccmpany law wu1$ the Trustee5 to prepwe fin•n¢kql stst¥n¢5 for fin#n¢ial year. Under company18W th¢ Trusttres must not appiove the financial slalernenls unless they are satisfied that they gwe a true and fair ew of the slate of affairs of the charitabte company and of the incoming resources arHI applicalK)n ol resour¢es, including the income and expendit¢Jre. of the charitable company for that period. In preparing these financial staternenls, the Tnjstees are required to". select suitable accounting Pl¢le$ and th•n appty thtm eonsKtsnt. observe the methods and princples in the Charities SORP., makejud9ments a¢countin9 $Stim*es that ar¢ wsonablè and wudèn( State whether applicable UK AccountirnJ Standards ha¥E been fofthRd, subj.¢ to any material dèpartu¥e$ disclosed and explained in Ihe financial 51atemenls', prepare the financial statements on the g04ng concem basi8 unless it is inappropriate lo presume that the charitable company will continue in operation. The Trustee5 are responsth for keepiThJ adequaie CoUntIng records that are sufficient to Sh and explain the charitable companrfs transacti$ and disck>se with reasonabk acculacy at any time the financial position of the Charitable company and ènablè them to ensure that the financial statements comply vrith Ihe Companie5 Act 2006. They are also responstble for safeguarding Ihe assets of the charitable company and hence lor taking reasonable steps for the prevention and ¢JeteclKJn of fraud and other irregulalrt. PaJe O
CORBY & DISTRICT CANCER CARE IA Company Llmltod by Guarant) TRUSTEES. REPORT Icontinu8dl FOR THE Y84R ENOED 31 MARCH 2023 The TnJslee$ am re5ponstsle for the malnten2nc• arKI intwity ol th& ¢porate and financi informab.on induded on the ¢haritabJe companys *bsile. Legffjlab"on in the United KIryd govemillg the prep8ratyon and di88eminatbon of financaal Statements may thfferfrom gialth in Ottr jurisdNons. G Tail DIrtOr Page 7
CORBY & DISTRICT CANCER CARE IA Company Ltmited by Guarantee) INOEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2023 INDEPENDENT EK4MINER'S REPORT TO THE TRUSTEES OF CORBY & DISTRICT CANCER CARE lthe 'company'} I report lo the charty Tru$l•es on my •xaminion of th• a¢¢ounts ol the CLNnpany for the year ended 31 Mar¢h 2023. This report is made 601ety lo the compan¥s Trustees, as a body, in accordance with Part 4 of the Charities (Accounls and Reports) RegUtS 2008. My woth has been undertaken so that I might stale to the companls TDJstees those rnatters l am reqvired lo state lo them in an Independent Examiner's Report and for no other purpose. To the Ivllesl extent permitted by lknf, I do not accept or assume responsibility lo anyone other Ihan the c¢¥mpany and tho companls Truste•s as a bcrtly. for my woth or this report. RESPONSIBILITIE8 AND BASIS OF REPORT As Iho Tru$te•$ of the ¢nY l•nd it$ dir¢¢tors for th¢ purpos•$ of ¢rynp4ny lawl yc¥J are respon$Ole for the praparation of the x¢ounls in ac¢ordan¢$ with tho r4quirem•nts of the Ccrfnpanies Act 20061'the 20C6 Act'l. Having salisfhryd mys8W thal th• accounts of lh• cc¥npany are not requir&J lo be audited under Part 16 of th• 2008 Act and are eligible lor independent ex¥nination. I report in respect of my examination ol the compan accounts carned out under section 145 of the Charithes Act 2011 Ilhe 2011 ACVI. In car.n9 out my examination I have lolbwed the Direct$ gNen by the Charity Commission under 145lSllbl of the 2011 Act. Paoo 8
CORBY & DISTRICT CANCER CARE IA Company LIMIt by Guarantee) INDEPENDENT EXAMINER'S REPORT Icontlnued) FOR THE YEAR ENDED 31 IAARCH 2023 INDEPENDEiif EXAMINER% STATEMENT I have coMeted my examinati¢)n. l ¢an that no mattèrs have come to my attention in connection wlth thè ¢xamination giwng me caus¢ to bèliéve.. accr¥Jnling records were not kept in res[ of the company as requif&Y by section 386 tsf the 2006 Act,. Ihtr a¢¢ounts do nol accord vnth I)se records.. or th¢ accounts do not ¢omply with th¢ •¢AtIng rtyulrnts of s•¢tion 396 of the 20C6 Aet other than any requirement that the accounts gi¥¢ a and fairf th whi¢h 1$ not a matter considered a$ part of n indèpendtrnt examination.. or thè accounts have not been preparfjd in a¢¢ordan¢• th• mel8 and pl1rlpleS of the Statement of Racommended Practic8 for accounting and rèportin9 by charil*s lapplicable to charities preparing their a¢¢ounts In 8c¢ordan¢¢ vnth thtr Finart¢ Reports'rKJ Standard applicable in the UK and Republic of Iroland IFRS 102)]. I have rH> concerns and have coffle across no other matterg in ¢onne¢lion wlth th• •xaminati¢n to which attention should be drawn in this report in order to enae a proper U¢Klerslanding of tho 8¢¢ounts to be reached. Adam Young ACA MHA Chartered Accountants Century House The Lakes Northampton NN4 7HD Page 9
COR8Y & DISTRICT CANCER CARE IA Company Llmited by Guarantee) STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2023 Unr•strlctod Restrlctsd fvnds funds 2023 2023 Total funds 2023 Total funds 2022 Noto INCOME FROM: Dtsnalitsns and legaci•s Charitabl& acb'vitie$ Investmont$ Other incom¢ 202.140 31.405 3.081 202.140 33,674 3,081 265,104 52,869 2,497 43,068 2.269 TOTAL INCOME 236,626 2,269 238,895 363.538 EXPENDITURE ON: Raising funds Charitable aclivilte8 74.092 338,317 74.092 338.317 84,260 302,9S7 TOTAL EXPENOITURE 412,409 412,409 387.217 NET INCOME I IEXPENDITUREI BEFORE INVESTMENT LOSSES Nel Ilossesllgains on investrnenls NET INCOME I IEXPENOITUREI BEFORE OTHER RECOGNISED GAINS AND LOSSES 1175.7831 112.8731 2.269 1173.5141 112,8731 123,6791 13,479} 13 1188.6S61 2369 1186,3871 127.1S81 NET MOVEMENT IN FUNDS (188.6561 2.269 1196,3871 127.158) RECONCILIATION OF FUNDS: Total funds brought lorward 1.1)02,183 38.79S 1,040,978 1,068,136 813.527 41,064 854,691 TOTAL FUNDS CARRIED FORWARD 1,040.978 The noles on pages 13 10 29 form part of these financHI slalements. Pagè 10
CORBY & tMSTRICT CANCER CARE IA Company Llmitod by Guarant¢g1 REGISTERED NUMBER.. 33250S1 BALANCE SHEET AS AT 31 MARCH 2023 202J 2022 FIXED ASSETS Yan9ltrAe gssets Inv88trnents 12 880.331 869.969 13 r03.935 726.446 ¢UIIRENT ASSEf8 Deblorg ¢a$h al bank wrfl In hwKI 14 163.123 39.271 214690 $7,316 202.394 323,005 CREDtTORS: m¢Jthts ¢kn one year 15 151.n8) 18,4ni NET CURRENT A8SVS 150.656 31W2 IIET ASSETS 854,591 1.040,97B CHARITY FUNDS R•strthd fvnds Unrn$trfd¢d lunds 17 17 41.064 813,S27 38.79$ 1.002,183 TOTAL FUNDS 8Y.591 1,04Q.978 Th• compan(B finanual 8tatemenlS ha b¢eD wepw•d (n wAth th• •ppIlble lo compaftles subject to the $mal ctsmpans rtyme. The Truslees th•t th• 45 •iUded tOex•rnr0n fmm rgqutrementto have kn aud vnderth¢ ProOn# of secl¥ 477 ofth¢ Compan*s Ad ¥nd rnembern have nrt rej th• oJnrAny to obtain an gudd the year In 9tI1 Ai or%ordanc8 sécbon 476 of ihe Ar Thè finandal ststemerts werg appro •thxatd lue by the Truskns on IE/I 2fy23 P¥gB11
CORBY & DISTRICT CANCER CARE (A Company Limited by Guarantee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2023 2023 2022 Cash flows from opgrating actlvltl•s N8t cash used in operating activities 19 (20.1841 1113.7691 Cash ft¢xvs from Inv•stlng OCtlv5ti•s." Dividends. interest and renis from invesknenl¥ PLtr¢h85e ol tangible frrted assets 2.490 {1.2291 Not cash Pfovlded by Inv•stlng actfv5tl•s 1140 1.261 Chang• In u$h and cash •qulvalents In th• y•ai Ca8h and cash aquivalents brought forward Ca¥h •nd cuh •qul¥al*nt• carr5•d forward 118,044) 67.315 {112,5081 169.823 20 39.271 67,31S The notes on pag8$ 13 to 29 form part of these fina ststements. Pty• 12
CORBY & DISTRECT CANCER CARE IA Company Llmit8d by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 ACCOUNTING POLICIES 1.1 General Infomiailon Corby & Distr Cancer ca is limLted by guaranlee. domled in EThJlaThd 8nd Wale$, r¢gi$t$r number 3325051 and registered charty number 1062120. The registered and prir¥I pkn of business 18 L8keland$. BUt¢ar Road. Oakl¥y Vale, Coty, Northan15. NN18 8LX. 1.2 84sls of pr•paratlon of financlal statements The financial 8talements have been prepared in ¢tyd3nce wlh th¢ Charibes SORP {FRS 1021- A¢¢ounting and Reporting by Charilies.. Statement ol Recommended Practice applicable to charits'es prepaiing their accounts in a¢¢ordance wth the Finan¢ial Reportng Standard applicbble in the UK and Rptsb1 ol Ireland IFRS 1021 leffectNe 1 January 20191. the Financial Reporting Standard applicab in the UK and Republ¢ of Iraland IFRS 102} •nd the Compani•$ Act 20C6. Corby & Ol$tr1 Cancer Care me¢ts lh• d&finrtion of 8 public benefft entity under FRS 102. Assets and li8bililies are In1.a1 recogn15ed al htstorical cost or transaction value unless otherwise staled in Ihe relevant ¥¢¢ounting pcly. 1.3 Company $tstu$ The comp¥ny 18 0 ¢(Thpany limrte¢Y by ouorantee. Thtr membors of the ¢panY are the Trusle8s named on page 1. In the event of the company be9 wound up. th? Iwbility in r8spe¢t of the guarantee is limrted to £10 per memter of the company. vage ii
CORBY & DISTRICT CANCER CARE IA Company Llmited by Guaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 ACCOUNTING POUCIES (CONTINUED) 1A Inct)mlng r•souYc Al income is recognised once the company h05 entitlement to thè income. it is probabl• that the income vrill b¢ ré¢eivtd arKI the amount of incixne receivable be mèa$ured relKably. For 189aews, éntitlemènt 1$ token as th8 eartr tsl the d¥te tsn whh eilhèr. th• company 1$ oware that probate has been granted. the estale has t)een finalised 8nd nOtifatIOn has bn made by the eXUtor(s} to the Trust that a dislribulKJn wll be maLle. or when a distribution is re¢eived from tha estate. Receipt ol a legacy. in whole or in part, ts only considered probable when the arnounl can be measured reliably and the company has been nOtifd of the execulorf5 intention lo make a disliibu¢ion. Wheie legac$ have been noibfd to the company, or the company 15 awa of th& granting ol probate, and the criteria for income recognttion have not been met, Ihtrn Ihe kgacy Is treated as a contingent asset and disclosed rf material. Gift6 in kind donaled lor dtstribulKin are KKluded at valuation and TecogniBed as inc¢ffle when thèy are distributed to tha pioi8cls. Grfts d¢)natsd for resak are included as inccrfne when they ara sold. Donated facilits'•$ are included al the Val to the company where this can be qvanlrfied a third party ¢s bearing cost No amounts are included in th& financial statements for seMc•$ donated by volunte•fs. Donated $rvicès or f¥ilJties aw wogni$ed vthèn th8 company has control over thè item, any ¢onditr<>n$ as$¢¢i•d Mth th¢ d¢)rt8t¢d rtem been m, thè rece¢pl of economic benefrt from the u$è ol the ¢¢mpany of the rtem is probab and that econefflic benefit can be measured reliably. In a¢cordan¢e with Iho Charrts SORP {FRS 1021, th& 9•nèral volunteer (ime of the Frionds 1$ not re¢c9ni$ed an(f Tefer lo the Trustees. Report for more inltymation gbout th&ir contribution. On relPt, donated profes5N)nal Serv 4nd donated fxiMie$ ar¢ re¢ogni8•d on the basis of the value of the gift lo the company vthich is the amounl the company would havè bean wlling lo pay lo obtain servKes or facili1$ ol equirdlent economK berefrt on the open market," 8 ¢orresponding amount is then recognised in expendrture in the peri1 of rwRipt. Irame lax recoverab in relatKJn to donaticS reCed under Gfft AKI or d¢•ds of covenant Ls recognised al the time of the donati. Inc¢8 tax 0ver¥b in retalion ¢0 inve$tsnent income Is recognised al the lime th& investment in¢tyn& is re¢eivable. Other cOme is reccgnised in the per) in whth tt is re¢eNable to the •xtenl g¢)ods have been provided or cOmpletn ofthe Ser¥e. Certain lypes of income are shcwm in the Statement of Financi81 Acliwlie5 in¢orporting Income and ExFenditur• Account net of expeThditure as fd*y•'. Grant5 receivoble Grants are accounted lorwhen Cdrt5 to entrtjernI have bg¢n met. PagE 14
CORBY & DISTRICT CANCER CARE IA Company Llmlted by Guarant••l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 ACCOUNTING POLICIES ICONTINUEOI 1.S Resources expended Governance costs are those incurred in connection with adml$tratIOn of the company and compliance wlh constitutional and statutory requirements. Costs of generating fuThls are costs ftKurred in attractitYJ Untary ncome, and those incurred in trading activiti8s th raisa fLW)d$. charitab a¢tivitiss and G0ManCe ¢osts are ¢osts incu¥r•d on the companys educational operation$. induding $UPPtyt ¢osts ¥nd ¢osl$ r¢l•t¥ty to th& 9ovamanco of th8 company opportion¢d to ¢haritsbl¥ a¢tivities. All exponditure 1$ InC$e of irTe¢Ovw1e VAT. 1.6 Fund a¢¢ountlng General funds are unrestricted funds vthich are avaiL9ble for use )t thè discr•i1 of the Trv$tetrs in furtherance of the general objectives of the c(vnpany and whi¢h ha not Wn d&sxJnaled for other purposes. Oesignaled funds comprise unrestn'cled funds Ihat have been $¢t 8side by the Truslees for particular purposes. The aim and use of despanaled fvnd i8 out in the notès trs the financial 6tatement6. Restricted lunds are funds which are to be used in xcordance spe¢rfi¢ restri¢tions imposed by donors or which have been raised by the company for partular purposes. The ¢osts of raising and administering such funds arè charged against the specffic lund. The aim and use ol each restricted fun¢J 1$ set 04rt In t n¢)t•$ to th• finan¢ial $tatgmenls. Invo$tm•nl in¢om¢. 9•in$ and h)ss¢$ ar• dk¢atfjd to th• appropriate lund. 1.7 Golng con¢ern The financial statements have been prepared on ¥ gng ¢onc8rn basis. The TN5tee$ have considered relevant Inlomiatn. inchjding the annual budget, and the impact ol subsequent events in making their aS$SMent. Th• Truste•s havt not trJènlifd any further material uncertw'nlie$ Ih8t may ¢ast $ignrfranl doubl about the abilty ol thè charrtablè company to continue as a gng concern. The ¢harrtable companrf$ bts51ne5S •Ctivilies, together with tho factws I1(e together with tong term contra¢ts lor all of its Irading cenlres. Based on these assessments and having regard to the resources aailable lo the charitable company, the Tnjstees have concluded that there 13 no material uncertainty and that they can corJtinu& to adopt the goin9 concem basis in preparirrfJ the annval report and accounts. Pa9¢ 15
CORBY & DISTRICT CANCER CARE IA Company Llmlted by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 ACCOUNTING POUCIES ICONTINUEDI 1.8 Tangible fixed 4s$9ts and d•pr•clatlon A review for ¥npairm¥nt of a fixed asset ts ¢afried out rf events or changes in circum5tancey indicate that the carrying value of any fixed asset may not recoverable. Shortfa115 between the Carrying value ol fwed a55ets and their rè¢overable amounts are recognised as impaimiènts. Impairment losses are recogni5ed in the Ststemenl ol FinanGial A¢b"¥Aties incorporating IrKiJme and Expenditure Accovnl. Tangible fixed assets are carried al cost. net of depreciatw and any prowsion for impairmont. Depreciation is provided at rates calculated to write off the ¢ost of fixed Oss9, les6 Ih•ir estimgted resklual value. over their expected useful lives on the followitsg basos". Leasohold Da>r8re Fkjspice C¢)mputers Miniby$ Equipment Solar pan•lg Period of lease- 99 years 4 years slraighl line 4 years slraighl line S years stravJhl I 10 yoars stravjhl fine 1.9 Taxallon The ¢omp•ny1s tx•mpt frtyn ¢orp)ration tax by wrtue of its chartsbte status. 1.10 Debtorn Trade and other debtors are rewnised at th? 80ttment Ount due. PrentS pAe valued al the amount prepaid. 1.11 Cuh at Bankand In hand Cash at bank and in hand includes cash and short temi hghty liquid investments wth a short matuiity of thre8 months or less from the dale of wui$it&w ty LyniThJ of the deposit or similar a¢count. 1.12 Cred5tor> and provlslon¥ Liabilities are recognised Wh there Is an obligat•Jn at the balance sheet date 8$ a rssurt of a pa51 event, il is probable that a transfer of e¢onomic beneft wll be wuired in settlement. and the amount of the setuemenl can be estimated lIab. L¢abilits are recognised at the amount Ihal the company anticipates it pay to settle the debt or the amount it has recwved as advanced payynents for the g¢x*Js Of semces it musl Pfowde. PrtiwsK)ns are measured at the best estimat• of the amotsnts iequired to settle the oblatiOn. Where the effact of the time value ol mon¢y is matèrial. thé provi%ion is based on the present value of those amounls, discouThled at the pre-tsx discount rale that reflects thè risks specffj to the Ik?bilty. The unvrinding of the di8counl is recognis&J within interest payable and sinilar char9es. 1.13 Investments Assèts hekl lor investment purFoses a vaued at market value at the balance sheet dae. Not gains nd losse$ arising M rwdlUTrtin during the per are ¢luded in the statement of finala1 actmti'es. Page 16
CORBY & DISTRICT CANCER CARE IA Company Limlt8d by Guarant*) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH 2023 ACCOUNTING POUCIES (CONTINUED 1.14eorby & Dlstrkt Cancer Car• Tradtng Umlted The company operates on premises of which the charity is the leaseholdw. The company donate$ h period under the gift aid prowsion5. an amount equal to its taxable profrts for the accountin9 period, to Corby & Di$trKt Con¢er Care. 1.15 Governmènt ornnts Job letentn $¢heme grants are credited lo the Statement of Financial A¢tryiti¢$ as the related •xpèndilur¢ 15 incurred. 1.16 Crltl¢•l a¢¢ounting esllmaies •nd ar•as of Judgm•nt Eslirn8te5 and judgments a continuany eluated and are based on historical expernce and othtrr factors. Including expectatiS ol futur& evtsnts that #o belitrved lo be re850n8bl8 undèr the ¢lr¢um5tances. Critical accountin9 eslimats$ and as$umptityis'. The company makes •stimates and assumptan5 conceming the fvture. The results'ng ¥c¢ounling eslimales and assumptions w711. by definrtion. Se equal the related actual Tesuts. The eslimales and assumptK)ns that hav• a $KJnrfi¢anl r15k of causing a rnaterial adjustment lo th& ¢8rrying
mounts of ass•ts and IBbilrt$ within the next financial year are diBcussed bekhv.
INCOME FROM DONATIONS AND LEGACIES Unrestrkted ReBtrlcted lunds funds 2023 2023 Total funds 2023 Total funds 2022 Individ¢Jal donatirybs Group donations M8mcwial donatiws and bequ¢8¢5 Legacios Boxes 8,355 29,277 18,436 8.355 29,277 18,436 1.000 8.377 2.202 134h93 13,710 21,444 19,776 19.988 6.182 4,424 179,680 8,377 2,202 134.493 Grants and trusts T¢l81 dMati¢Jn$ and legacies 202,140 202,140 265.104 Py. 17
CORBY & DISTRICT CANCER CARE {A Company LSmEted by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 INCOME FROM OONATIONS AND LEGACIES- PRIOR YEAR Unrestr5cted Restricted Total funds funds funds 2022 2022 2022 Indiwdual donati8 Group donatnS memori donations and bequesls Legacies Boxes G¢ft aid Grants and tru$ts 13,710 21h44 19,776 19.988 6,182 4,424 179.S80 13,710 21.444 19,776 19,988 6,182 4,424 179,580 Total donations and legacies 265.104 26S.104 INCOME FROM CHARITABLE ACTIVITIES Unrestrkted Re8trlcted funds funds 2023 Fundrnising other income Mini Bus Garage Ap1 HospKe shop sa Sponsor A Nurse VAT Ckims 12,170 12,170 2,269 2,447 4.574 12,214 2.269 2.447 4.674 12,214 Totgl 33,674 33,674 INCOME FROM CHARITABLE ACTMTIES- PRIOR YEAR Unr•strl¢tod funds 2022 Fundraising other income Sponsor A Nurse VAT claims 25.440 9.496 6.199 11,734 25,440 9.496 6.199 11.734 Totsl 52,869 52,869 Pag¢ 18
CORBY & DISTRICT CANCER CARE IA Company Llmlted by Guaranteo) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH 2023 INVESTMENT INCOME Total funds 2023 Total ftsnds 2022 Bank depo$its Share dividend5 81 3.000 2.490 3,081 2,497 Tc4al 2022 2A97 OTHER INCOMING RESOURCES UnMtr1¢t R•strfcl¥d funds lund¥ 2023 2023 Total funds 2023 Total funds 2022 Job r8t•ntion scheme Income 43.068 Total 2022 43,068 43.068 EXPENE4TURE ON RAISING FUNOS Unrestrtctsd R•strlct8d funds funds 2023 2023 Total funds 2023 To¢al funds 2022 Employmènt costs Fundraising and open day expenses Prinlirtg ststnery 67A05 6.037 650 67.405 6.037 74.222 9A16 622 74.092 74,092 84,260 Total 2022 84.260 84.260 Ps¥J• 19
CORBY & DISTRICT CANCER CARE IA Crynpany LSmited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 EXPENDITURE ON RAISING FUNDS- PRIOR YEAR Unrèstrlctod Restrlcted funds funds 2022 Total funds 2022 EmplOlent costs Fundraising and open day ew$es Printing and stationery 74.222 9.416 622 74.222 9.416 622 Totsl 2022 84.260 84.260 ANALYSIS OF EXPENDITURE ON CHARITABLE ACTMTIES Unr•strkt•d R•strlcted fvnds funds 2023 2023 Total funds 2023 Total nds 2022 Charitable activilies 328.704 328,704 296,562 Toial 2022 296,662 296.562 EXPENDITURE ON CHARABLE ACTMTIES Unwstrlct•d funds Total 2023 Employment costs Premises from Lakeland Day C•ntr8 Consumab M¥n8g&ment and administr•ti¢)n 214,304 64.347 13.696 46,357 214.304 54.347 13.696 46,357 328,704 328,704 T¢4812022 296.562 296.662 PayE 20
CORBY & DISTRICT CANCER CARE IA Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH 2023 EXPENDrruRE ON CHARITABLE ACTivrriES- PRIOR YEAR Unrnstrlct•d funds Total 2022 Empl¢)ym•nt costs Prernise3 from Lakeland Day Centre Consumabjes Management and &dministratN 226,886 32.215 7.$83 29,878 226.886 32.215 7,583 29,878 Tot•1 2022 296.S62 296,562 ANALYSIS OF GOVERNANCE COSTS Unrestrlcted R•strkt•d funds fund$ 2023 2023 Total nds 2023 Total funds 2022 Gowrnance costs 9,613 9,613 6.395 10. STAFF COSTS Th• awrage number ol lS¢)n5 •mplwd by the ccffjpany during the year wa8 as follJw8'. 2023 No. 2022 Hospice Olher Fundrai$ing 15 15 No employee rtteiwd r8munerat*Jn •nount¢ng lo than £60,(KK) in either year. 11. NET INCOMEIIEXPENDITUREI Th1$ 1$ stated after ¢harging'. 2023 2022 Dgpr8eialton of lan9fol8 fixed assets: - ¢)wned by the ¢harity 10,498 10.314 Pagc 21
CORBY & DISTRICT CANCER CARE IA Company Llmlted by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THÉ YEAR ENDED 31 MARCH 2023 12. TANGIBLE FIXED ASss Leasehold Daycar• Hosplc• Comput•rn Solar panels Mlnlbu$ Equlpmont Total Cost At l April 2022 Add+ti¢)ns 836,787 20.672 860 79.282 70.331 18,366 1,025,438 860 At 31 March 2023 836.7e7 21,532 79.282 70.331 18,366 1.026,298 Depreciallon Al 1 April 2022 Charge for thtr year 169,707 8,457 19,463 361 79.282 70.331 16.686 1,680 355,469 10,498 At 31 March 2023 178.164 19.e24 79.282 70,331 18.366 365.967 Net book value At 31 Mar¢h 2023 658.623 1.708 660.331 At 31 March 2022 667.080 1.209 1.680 669,969 13. FIXED ASSET INVESTMENTS Llt•d Inv¥8tments UnlSsted s•curltl•s Total Mark•t valu• At 1 April 2022 Change in mark8t valu• of invasknents 56,476 112,8731 S6,477 {12,8731 At 31 March 2023 43.603 43,604 Subsldlary und•rtklno$ The folbbwng were $ubspJiary un¢Jertakings of the APan. Name Corby & Di$trKt Cancer Care Trading Lirnited Haldlng 100% Pap 22
CORBY & DISTRICT CANCER CARE IA Company Llmlted by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 13. FIXED Ass INVESTMENTS IcontSnu•dl The abovÈ interest relates lo the charitys whofy ¢y•med subshyiary ¢1%party Corby 8 District C8n¢tf Care Trading Limited, a company registered in Engld and Wa. vthi¢h is principalty engaga<l in retailing ol goods fw ¢harrtabb purposes. The ccfnpeny don¥l¢s an of its taxable pmffts lo th¥ ¢harity by Gift Aid. Th8 aggregate of the shaw ¢apital and reserves as at 31 March 2023 and ol th& profft or loss lor the year ended on that dale for the subs#Jiary undertakings were as foll.. Aggregat• of share ¢•pltal and r•s*TV•S N¥m• ProfSUllossl Corby & OislrKt Canr Car• Tr&ding knmited 128,8181 3.281 Investments at mark•t v•lu• eomprls•: 2023 2022 Listed investments Investment- sub$idi•ry company 43.603 56N76 Total market value 43.604 66A77 All Ihe fixed 8sset investrnents art hehj in the UK 14. DEBTORS 2023 2022 Amovnts owed by group undertakings other deblofs 129.868 33.255 249,336 16,354 163.123 265.690 15. CREDrfoRS: Amounts falllng due withln one year 2023 2022 Trade cdItorS S(ra1 security and other tsxation A¢cruals 40,061 6.298 5.379 1.223 7.250 51,738 8A73 Pe 23
CORBY & DISTRICT CANCER CARE IA Company Limited by Guarante•l NOTE5 TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 hlARCH 2023 16. PAYMEKfs TO TRUSTEESIDIRECTORS AND CONNECTED PERSONS No TrusteeireCtOr or person with a famity or busines5 cOnnectn vth a trustee reeetved any Temuneralion in the period. diredly or indirectty, frcrn the chartsble group or an institution or company conlroled by the charrtable group. During the year, the payroll services were provJed to the Company by Clrfford Robert$, Chartered Accountants. Mr L O'malley is a partner ol cirfford Roberis and is a Truste?Iect0r of the Charitable Company. No fee was charged for this seNce in either year. Costs arè in¢urred by lh• Truste8$ personalty in persuance of the charitable grwp's ¢bjectNes. There re no gxpen$•s r•1Mlsd to th¢ Trust$ duriThJ wc4112022- £nill. Page 24
CORBY & DISTFUCT CANCER CARE IA Company Limited by Guarant6•1 NOTE5 TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 17. STATEMENT OF FUNDS STATEMENT OF FUNDS- CURRENT YEAR Unrealised Balance at galnsl 31 March (Lossesl 2023 Bal•nc• •t 1 Aprll 2022 In¢om• Exp•ndlture Dèslgnat8d funds Patient chairs Bathroom Prclect 6.148 6,148 8,692 8,692 Unrestrlctod fund¥ Un$trted funds 993.491 236.826 1412,4091 112.8731 804,835 Total Unrestricted funds 1.002,183 236,626 1412,4091 112,8731 813,527 R•strlct•d funds Mlttibus 38.795 2.289 41.064 Total ollunds 1,(I40,978 238,895 {412.4091 112.8731 854,591 Page25
CORBY & DISTRICT CANCER CARE (A Company Limi¢od by Guaranteg) NOTES TO THE FINANcL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 17. STATEMENT OF FUNDS Icontlnuedl STATEMENT OF FUNDS - PRIOR YEAR Unrealised Balance at gainsl 31 March (Lossesl 2022 Bance at 1 April 2021 Transfers inlout In¢oMe Expendrture Doslgnated funds Patient ¢hairs Hospice at Hom¢ Bathroom Proi¢d 6.148 172.065 6.148 61,612 163.4891 1180,0881 180.757 61,S12 153,4891 1180.08ei 1333.7281 180,OB6 8.692 Unrestrieted lunds 850,OS1 300.559 13.4791 993.491 R•strlct•d lunds Minibu5 37.328 1A67 38.795 SUMMARY OF FUNDS- CURRElff YEAR Unreallwl Balance at g4ln¥l 31 March 2023 Balance at 1 Aprll 2022 In¢om• Exp•nd5tur• Designated funds Unreslricled furKI$ 8.692 993.491 8,692 804,835 236.626 1412.4091 {12,8731 1,002,183 38,795 2J6.626 2.269 {412.4091 {12.8731 813,527 41,064 Reslrict&J funds 1.040,978 238,895 1412,4091 112.8731 854,S91 Page 26
CORBY & DISTRICT CANCER CARE IA Company Llmited by Guaranteè) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 MARCH 2023 17. STATEMENT OF FUNDS {contSnuedl SUMMARY OF FUNDS- PRIOR YEAR Unroalised Balan¢? at gainsl 31 March ILo$$e$l 2022 Balance al 1 Apnl 2021 Transfers inlout Inctyn? ExpoThditUf¥ Designatod lunds Unre$lri¢t8d funds 180,757 860,051 61.512 300.659 {53.4891 1180.088) 1333.7281 180,088 8,692 993,491 13.479) 1.030.808 37.328 362.071 1.467 {387.2171 {3.4791 1.002.183 38.795 Restrict fvnd$ 1,068,13fj 363.S38 1387.2171 13,4791 1,040,978 O•slgnat¢d funds The management ¢ommitte$ desKJned th•$e funds for the folk)wng PU#56$.. Patlent Chalrs These desvJnaled lund8 * ¥lbx•ted for th• purF4)se of new chair8 for tho day ¢8r¥ attande•s. Hosplce at Home These funds enab the Hospice lo provide 8n t)vemight service lo offer care and $upport for patients th life limiting illnesses and theif relatNe5. in Ihwr own homès. Bathroom prol•ct These designed lund$ arn glk*aled for the purp05e8 ol the renovation of the balhrocth for the day care att$ndè&s. ReBtricttrd fund8 Mlnlbus These funds are restricted lor the reptscem¢nt and runnirKJ costs of the chortys vehicles. when curienl vehicles become ineffective. or lail lo Clpty wilh legislatic and other regutstitin$. Gen•ral furbd These funds are unrestricted and for general charilatle w. The TrLtstees woukj expect lo six rnonths wwking expèn58S. Page 27
CORBY & DISTRICT CANCER CARE IA Company Limlted by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 18. ANALYSIS OF NET ASSETS BETWEEN FUNDS ANALYSIS OF NET ASSETS BETWEEN FUNDS- CURRENT YEAR Unr•strlcted RtTkted funds funds 2023 2023 Total funds 2023 Tangible fixed assets Fixed as$et investments Current ¥$s8ts Creditors due within ar 660.331 43,604 161,330 151,7381 660,331 43,604 202,394 151.7381 41.064 813,527 41,064 854.591 ANALYSIS OF NET ASSETS BEfYiEEN FUNDS- PRIOR YEAR Unrestricted Restricted funds funds 2022 2022 Total funds 2022 Tangible fsxed asset$ Fixed as5el inveslm&nts Current assets Creditors due within one year 669,969 56,477 284,210 18.4731 669.969 56N77 323.1105 18,4731 38,795 1.002.183 38,795 1,040,978 19. RECONCILIATION OF NEf MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES 2023 2022 Nel expendrture lof the year {as per slatonI of Finala1 Activities) 1186,3871 {27,1581 Adjustment for- Depreciation charges Unrealised lossllgainsl on investments Diwdends, interest and rents from investrnents Docreasellincreasel in debtors Increasellde¢ws¢l in ¢rgdit 10.498 12.873 13,0001 102,567 43.265 10,314 3,479 12,4901 196,9161 19981 Net cash used in operating activiti 120.1841 1113,7691 Page 28
CORBY & DISTRICT CANCER CARE IA Company Llmlted by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 20. ANALYSIS OF CASH AND CASH EQUIVALENTS 2023 2022 Cash al bank 39.271 57,316 Totsl 39,271 67.315 21. TAX STATUS The Charity is exempt from lax on income and gains f8ling %Mthin sedi(n 505 of the T8x•$ Act 1988 or section 252 of th¥ Taxation of ChargeJle Gains Acl 1992 to the extent that thesè ar& aPpld to itg Charitab o'e¢ts. Tho charity hats T•1¥•d approval from the H M Revenue and Custtyn$ regarding its tsx exempl $t8lus. 22. SHARE CAPITAL The rnmpany is limrted by guarant•è. The membepJ are habk lo contrknute lo the assets in Ihe ovtrnt of nding up lo an amount not ex¢eedin9 £10. 23. LEASING ¢OMIAITMENTS Th• company has a lease of tsnd #t O¥kbyVale, C¢xby wlh Corby Borou9h C¢yJn¢il for 99 years, expiri 28 July 2098, al a peppeTcorn annugl r•nt of £1. 24. CONTROLLING RELATED PARTY The ¢Jiwtors afe the companys controlling 1d9t paty by rtue of th¢ir office. 25. RELATED PARTY TRANSACTIONS During the year, the payr1 seNces ware provtrded to the Ccthpany by Ckfford Roberts, Chartered Accountant5. Mr L O'malley is a partner of Cljfford RL*Jerts aTrd is ¥ dlr•ctor ol the Company. No fee was charged for this $èrvi¢e in either year. During the current yEar, Corby & Th'strKt Care Tr•JiThJ Limited. 8 wholty owned subsid¢ary ol the charity, donated £nib {2022". £nill Page 29