Charity Registration No. 1064736 (England and Wales) Charity Registration No. SC043065 (Scotland) Company Registration No. 3436893 (England and Wales) YOUTH CANCER TRusf (UK) LIMITED (A company limited by Euaranteel ANNUAL REPORT AND UNAUDITED FINANCIAL sfATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 BUSINESS ADVISORS 10 Bridge Street Christchurch Dorset BH23 IEF
YOUTH CANCER TRUST (UK) LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trustees Dr. T Hickish Ms. J Mccarthy Mr. A McQuin Mr. M Hillman Secretary Ms. G Hillman Charity number (England and Wales) 1064736 Charity number (Scotland) SC043065 Company number 3436893 Registered office The Factory Poundbury Peverell Avenue East Dorchester United Kingdom DTI 3WE Website address www.youthcancertrust.org Independent examiner TC Group 10 Bridge Street Christchurch Dorset BH23 IEF
YOUTH CANCER TRUST (UK) LIMITED CONTENTS Page Trustees, report Statement of trustees. responsibilities Independent examiner's report Statement of financial activities Statement of tinancial position 9-10 Notes to the financial statements 11-21
YOUTH CANCER TRUST (UK) LIMITED TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORT) FOR THE YEAR ENDED 30JUNE 2024 The trustees. who are also directors of the charity for the purpose of the Companies Act 2006. present their report with the financial statements of the charity for the year ended 30 June 2024. The accounts have been prepared in accordance with the accounting policies set out in note I to accounts and comply with the charity's governing document, the Companies Art 2006, the Charities and Trustee Investment (Scotlandl Att 2005, the Charities Accounts (Scotland) Regulations 2006 las amended) 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 IFRS 1021" las amended for accounting periods commencing from l January 2016}. Objectives and activities Charitable Objectives The principal objective of Youth Cancer Trust is to provide support and free peer-support activity holidays for teenagers and young adults laged 14 to 301 living with cancer from across the UK and Ireland. Each young person can be accompanied by a friend or sibling. also at no cost. Services Provided Youth Cancer Trust delivers its services through: Residential holidays offering accommodation. meals, and activities. Digital and online peer support services via the Realshare platForm. Social networking through monitored Facebook and Instagram groups. Residential holidays are hosted at Manor Farm Barn and Churn Cottage in Dewlish, Dorset, where actTr/ities include horse therapy and arts and crafts. All activitie5 are optional, allowing beneficiaries to rdax and recharge in a safe environment. The Trust's digital support services, hosted on a private Facebook group and Re31share (integrated within the main website). provide a safe space for young people to share experiences, access support groups. and engage in online acknvities. Realshare is owned and moderated by Youth Cancer Trust to ensure a secure and supporhve environment. Additionally. social medi3 channels are actively monitored and used as a tool to provide ongoing engagement and peer support. At the heart of Youth Cancer Trust is our value of 'empowernienV- we strive to equip young people with the strength, confidence, and support they need to overcome challenges, build lasting friendships, and embrace life with hope and resilience.
YOUTH CANCER TRUST (UK) LIMITED TRUSTEES, REPORT ICONTINUED)IINCLUDING DIREcfoRS' REPORT) FOR THE YEAR ENDED 30JUNE 2024 Achievements and performance Residential and Online Support During the financial year ending 30 June 2024, Youth Cancer Trust Successfully operated its residential holiday programme and continued to offer online support via a closed Facebook group and the Realshare platform. Key achievements: Provided support to over 200 young people via Realshare and the private Facebook group. Delivered a range of online activities, including.. Weekly quiz nights, yoga. cookery sessions. arts and crafts, bingo. raffles. and peer discussion groups. Weekly therapeutic support session5. including ont0-one support with qualified practitioners. Signposting to external services covering employment, finance, shielding, mental health, and general wellbeing. The residential holidays and digital support services have been managed by Youth Cancer Trust staff. with significant contributions from Youth Cancer Trust Ambassadors, who provide essential peer support. The Trustees extend their gratitude to all staff and volunteers for their invaluable effort5. Outreach and Awareness Marketing efforts have included targeted engagement with UK hospitals, cancer-related organisations, and parent support groups. A social media advertising campaign has been in place to increase awareness among newly diagnosed cancer patients and their families. YCT Fundraising, a third-party organisation, has continued promoting the charity and raising funds through supermarket and retail-based initiative5. A Google Adwords and Linkedln campaign has been deployed to reach young patients, healthcare professionals, and key stakeholders. The charity has strengthened its presence within the local community in Dorchester, receiving valLBble support from local groups and businesses,whilst retaining its support network in Bournemouth with a satellite office. The Trustees would like to extend their sincere thanks to all Youth Cancer Trust Ambassador5, SUPPOrters, grant-giving trusts, YCT Trading Limited, volunteers, and benefactors for their ongoing commitment to the charity's mission.
YOUTH CANCER TRUST (UK) LIMITED TRUSTEES, REPORT ICONTINUED)IINCLUDING DIREcfoRS' REPORT) FOR THE YEAR ENDED 30JUNE 2024 Financial review The Statement of Financial Activities is shown on page 8 of the financial statements. Due to the uncertain nature of the charity's funding, it ha5 remained the trustees, intention to maintain the charity's contingency reserves at an appropriate level that would enable uninterrupted Services to be provided to the sick children and young adults and to cover any unexpected expenditure. At the year end £350,000 was designated for this purpose12023 £350,000). There is no planned expenditure date for the designated funds held at the year end. It is the policy of the charity that unrestricted funds which have not been designated for a specknc use should be maintained at a level equivalent to between three and six month's expenditure. The trustees consrjers that reserves at this level will ensure that. in the event of a significant drop in funding, they will be able to continue the charity's current acknvities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. At the year end the charity's reserves totalled £357,939 {2023 - £399.154). Thi5 was split as follows, £8,289 12023 - £5,789) as restricted reserves. £350,(MJO12023 - £350.0001 as designated reserves and -£35012023 E43,3651 as unrestricted reserves. The trustees have assessed the major risks to which the charity is exposed. and are satisfied that systems are in place to mitigate exposure to the major risks. Strurture, governance and management Youth Cancer Trust IUKI Limited is constituted as a company limited by guarantee {company registration number 34368931 and is a charity registered for charitable purposes with the Charity Commission in England and Wales (charity registration number 1064736} and in Scotland (charity registration number SC043065}. The governing documents are the Memorandum and Arkncles of Association. The names of the trustees who have served during the year and since the year end are set within Legal and Administrative Information. Trustees are appointed by the Board of Trustees and annually put themselves forward for reappointment by rotation. Any new trustees are provided with new trustee information pack on appointment. The trustee5 meet quarterly, where po55ible, but there is also a fund raising committee of volunteers, which meets regularly and then reports to the full Board of Trustees. A trustee 15 present at the fund raising committee meetings. Key management remuneration is decided bythe trustees during a trustee meeting. Trustees related to key management personnel leave the room while the specific employees remuneration is discussed. In the event of the charity being wound up during the period of membership. or within the year following. members are required to contribute an amount not exceeding £10.
YOUTH CANCER TRUST (UK) LIMITED TRUSTEES, REPORT ICONTINUED)IINCLUDING DIREcfoRS' REPORT) FOR THE YEAR ENDED 30JUNE 2024 Plans for future The Trustees are committed to increasing the number of young people benefiting from Youth Cancer Trust's services. Future plans include= Expanding marketing effort5 to all young people on the YCT database. oncology unit5 in UK hospltals, parent support groups, and other cancer-related charities. Enhancing outreach through hospital visits and direct engagement with oncology staff in 2025126. Continued investment in diBltal support services, ensuring relevance to young people's evolving needs and online behaviours. Updating the charity's registered objectives with the Charity Commission and Companies House to reflect an adjusted age range and expanded digital support remit. Accommodation and Service Developments The sale of Tracy Ann House is near completion. A new holiday accommodation arrangement has been secured on a working farm in West Dorset, initially for 12 weeks per year, with the flexibility to expand. The accommodation comprises two properties, one of which is fully accessible. Facilities include a games room. swimming pool. and access to various local activities, while maintaining proximity to Bournemouth's resources. A chef is now on-site to provide healthy meal options. Additional staff have been recruited to support the holiday periods. Tribute to the Charity Founder The Trustees wish to publicly acknowledge the dedication and tireless service of Brenda Clark, the charity's founder. since its inception in 1997. A formal celebration of Brenda's contributions will be held in 2025. Collaboration and Peer Support The Trust recognise5 the critical role of peer support in reducing i501ation for young people diagnosed with cancer. Research highlights its significance from initial diagnosis through treatment, remission. and for those managing long-term effects of cancer. Youth Cancer Trust remains committed to= Collaborating with UK and international cancer organisations to share best practices and improve support services. Listening to the needs of young people with cancer and continuously adapting its mission and servres accordingly. Maintaining a core focus on providing safe and enjoyable residential holidays, alongside a robust online support network. Conclusion The Trustees remain dedicated to ensuring Youth Cancer Trust continues to deliver its essential support services, bringing empowerment. respite, and meaningful connections to young people living with cancer. The Board thanks all supporters. volunteers, and staff for their unwavering commitment to the charity's mission.
YOUTH CANCER TRUST (UK) LIMITED TRUSTEES, REPORT (CONTINUED) (INCLUDING DIREcfoRS' REPORT) FOR THE YEAR ENDED 30JUNE 2024 The trustees, who are also the directors of Youth Cancer Trust IUK) Limited for the purpose of conpany law. are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company Law requires the trustees to prepare financial statements for each financial year which gwe a true and fair view of the state of affairs of the charity and of the incoming resources and application of re sources, including the income and expenditure, of the charitable company for that year. In preparing these financial statements. the trustees are required to= select suitable accounting policies and then apply them con5i5tently: observe the methods and principles in the Charities SORP: make judgements and estimates that are reasonable and prudent- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements- and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006, the Charities and Trustee Investment {Scotlandl Act 2005 and the Charities Accounts (Scotlandl Regulations 2006 las amended). They are also responsible for safeguarding the assets of the charity and hence for tsking reasonable step5 for the prevention and detection of fraud and other irregularities. The trustees, report was approved by the Board of Trustees. Dr. T Hickish Trustee and Chairman Dated- 25 March 2025
YOUTH CANCER TRUST (UK) LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF YOUTH CANCER TRUST (UK) LIMED I report to the trustees on my examination of the linancial statements of Youth Cancer Trust IUKI Limited Ithe charityl for the year ended 30 June 2024. Responsibilities and basis of report As the trustees of the charity land also its directors for the purposes of company lawl you are rponSIble for the preparation of the financial statements in accordance with the requirements of the Charities and Trustee Investment Iscotlandl Act 2005 Ithe 2005 Act), the Charities Accounts Iscotlandl Regulations 2006 1 amended) and the Companies Act 2006 (the 2006 Act). You are satisfied that the financial statements of the charity are not required by charity or company law to be audited and have chosen instead to have an independent examination. Having satisfied myself that the financial statements of the charity 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 examinati on of the charity's financial statements carried out under section 44 {11 { cl of the 2005 Act and section 145 of the Charities Act 2011 Ithe 2011 Act). In carrying out my examination I have followed the requirements of Regulation 11 of the Charities Accounts (Scotlandl Regulations 2006 las amended) and all the applicable Directions given by the Charity Commission under section 14515llb) of the 2011 Act. Independent examiner's statement Since the charity is required by company law to prepare its accounts on an accruals basis and is gIStered as a charity in Scotland your examiner must be a member of a body listed in Regulation 11121 of the Ch¥ities Accounts Iscotlandl Regulations 2006 las amended). I confirm that l am qualified to undertake the examination because l am a member of the Association of Chartered Certilied Accountants. which is ore of the listed bodies. 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 respett: accounting records were not kept in respect of the charity as required by section 386 of the 2006Act and Regulation 4 of the 2006 Accounts Regulations- or the linancial statements do not accord with those records- or the financial statements do not comply with the accounting requirements of Regulation 8 of the Charitie5 Accounts {Scotlandl Regulations 2006 la5 amended) and 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 financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporkn.ng by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021.
YOUTH CANCER TRUST IUKI LIMITED INDEPENDENT EXAMINER'5 REPORT IcoNfiNUED} TO THE TRUSTEES OF YOUTH CANCER TRUST IUX) LIMITED I have no concems and have come across no other rnatters in connection with the examination to wh¢h attentton should be drawn In thls report In order to enable a proper un(Jersiandin8 of the fi.nancial statements to be reached. Dean Pullen FCCA TC Group 10 Bridge street Christchurch Dorset BH23 IEF Dated: 7r131zr
YOUTH CANCER TRUST (UK) LIMITED STATEMENT OF FINANCIAL AcfiviTIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30JUNE 2024 Unrestrirted Restricted funds funds 2024 2024 Totsl Unrestricted Restrirted funds funds 2023 2023 Totsl 2024 2023 Notes Income and endowments from: Donations and legacies Other trading activities Other income 238,542 417 2.5C 241,042 417 164,484 7,739 10,728 164,484 7,739 10,728 Total income 238.959 2.500 241.459 182,951 182.951 Expenditure on: Raising funds Charitable activities 37.467 245,207 37,467 245,207 32,670 270,204 32,670 270,204 Total expenditure 282.674 282,674 302,874 302,874 Net incomellexpenditure) and movement in funds 143.715} 2.5(M) 141,2151 1119,9231 1119,9231 Reconciliation of funds: Fund balances at l July 2023 393,365 5.789 399,154 513,288 5,789 519,077 Fund balances at 30 June 2024 349.650 8.289 357.939 393,365 5,789 399.154 The statement of financial activities includes all gain5 and losses recogni5ed in the year. All income and expenditure derive from continuing activities. The statement of financial activites also complies with the requirements for an income and expendrcure account under the Companies Act 2006.
YOUTH CANCER TRUST (UK) LIMITED STATEMENT OF FINANCIAL POSITION AS AT30JUNE 2024 2024 2023 Notes Fixed assets Tangible assets 155,641 167,178 Current assets Debtors Cash at bank and in hand io 25,154 185.078 24,024 272,966 210.232 296,990 Creditors: amounts falling due within one year li 17,9341 165,014} Net current assets 202,298 231,976 Total assets less current liabilities 357,939 399.154 The funds of the charity Restricted income funds 13 8,289 349,650 5,789 393,365 Unrestricted funds 14 357,939 399,154
YOUTH CANCER TRUST (UK) LIMITED STATEMENT OF FINANCIAL POSITION {CONTINUED) AS AT30JUNE 2024 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, forthe year ended 30 June 2024. The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting re(Drds which comply with Section 386 of the Act and for preparing financial ststements which give a true and fair view of the State of affairs of the company a5 at the end of the financial year and of it5 incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requrements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. The members have not required the companyto obtain an audit of its financial ststements for the year in question in accordance with section 476. These financial Statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the trustees on 25 March 2025 Mr. A McQuin Trustee Company registration number 3436893 (England and Wales) 10-
YOUTH CANCER TRUST (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30JUNE 2024 Accounting policies Charity information Youth Cancer Trust IUKI Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is The Factory, Poundbury, Peverell Avenue East, Dorchester, DTI 3WE, United Kingdom. 1.1 Accounting convention The accounts have been prepared in accordance with the charity's governing document. the compani Act 2006. the Charities and Trustee Investment (Scotlandl Att 2005, the Charities Accounts Iscotlandl Regulations 2006 la5 amended) and 'Accounting and Reporting by Charitie5: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reportingstandard applicable in the UK and Republic of Ireland IFRS 1021" las amended for accounting periods commencing from l January 20161. The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin I not to prepare a Statement of Cash Flows. The accounts are prepared in sterling. which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest pound. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Going concern In line with many small charities. the charity relies on the continued support from its donations and fundraising activities to fund its costs. The trustees have prepared forecasts for the twelve months from approving these accounts that demonstrate that its expected income will enable the company to meet rcs liabilities as they fall due. Accordingly, the trustees consider the charity to be a going concern. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated have been designated for other purposes. Restricted funds are subjert to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Designated funds are unrestricted funds which the trustees have designated to a parhcular fund. 11
YOUTH CANCER TRUST (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30JUNE 2024 Accounting policies (Continued) 1.4 Incoming resources Income is recognised when the charity has entitlement to the funds, any performance conditions attached have been met, it is probable that the income will be received and the amount can be measured reliably. Income from grants is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. For legacie5. entitlement IS taken as the earlier has been finali5ed and notification has been made by the executorlsl to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliable and the charity has been notified of the executor's intention to make a distribution. Where legacies have been notifi'ed to the charity. or the charity is aware of the grantr.ng of probate, and the critla for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material. Interest on funds held on deposit is included when receivable and the amount can be measured reliably bv the charity; this is normally upon notification of the interest paid or payable by the bank. Income is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business. 1.5 Resources expended Expenditure is recognised once there 15 a legal or constructive obligation to make a payment to athird party, it is probable that settlement will be required and the amount5 of the obligation can be measured reliably. Expenditure is classifi'ed under the following activity headings= Raising funds are costs incurred in attracting voluntary income and in fundraising events. Charitable activities include expenditure associated with the provision of holidays and include both direct costs and support costs relation to these activitie5. Any irrecoverable Value Added Tax has been included with the expense to which it relates. 12-
YOUTH CANCER TRUST (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30JUNE 2024 Accounting policies (Continued) 1.6 Tangible fixed assets Tangible lixed assets are initially measured at cost and subsequently measured at cost or Valtion. net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases= Freehold land and buildings Freehold improvements Fixtures and fitknngs Computers Motor vehicles 2% Straight Line 2% Straight Line 20% Reducing Balance 33% Reducing Balance 20% Reducing Balance The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset. and is recognised in the statement of financial activities. 1.7 Cash and cash equivalents Cash and cash equivalent5 include cash in hand. deposit5 held at call with bank5, Other 5hort-term liquid investment5 Wlth original maturities of three months or le55. and bank overdraft5. Bank overdraft5 are shown within borrowings in current liabilities. 1.8 Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instrument5, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments. 1.9 Retirement benefits Employees of the charity are entitled to join a defined contribution 'money purchase, scheme. The charity contributions is restricted to the contributions disclosed in note 8. There were no outstanding contributions at the year end. The costs of the defined contribution scheme are included within staff costs and clrrged to the unrestricted funds of the charity. 1.10 Leases Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are cla55ified as operating leases. Assets held under frnance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the statement of financial position as a tinance lease obligatr"on. Lease payments are treated as consisting of capital and interest elements. The interest is charged to net incomellexpenditure} for the year so as to produce a constant periodic rate of interest on the remaining balance of the liability. 13-
YOUTH CANCER TRUST (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30JUNE 2024 Accounting policies (Continued) 1.11 Government grants Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grant recovered. A grant that specifies performance condition5 is recognised in income when the performance conditK)ns are met. Where a Erant does not specify performance conditions it is recognised income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a 1.12 Taxation The charity is exempt fmm corporation tax on its charitable activities. 1.13 Debtors Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the am(wnt prepaid net of any trade discounts due. 1.14 Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to 5etde the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Unrestricted donations and legacies 2024 2023 Unrestricted donations From individuals, companies & clubs From street collections IYCT Fundrai5ingl Donation5 Giftaid Friends of YCT 30,693 28,387 55,731 8,071 34,089 18,477 1,674 2,173 loo.000 2,642 121.089 Legacies 238,542 164,484 14-
YOUTH CANCER TRUST (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30JUNE 2024 Fundraising events Unrestrirted Unrestricted funds fund5 2024 2023 Bournemouth & New Forest Marathon Festival Fundraising events. dinners & balls etc 325 417 4.899 Other trading activities 417 7.739 Other incorne Unrestrirted funds Total 2024 2023 Net gain on disposal of tangible fixed assets 10.728 15-
YOUTH CANCER TRUST (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30JUNE 2024 Raising funds 2024 2023 Fundraisin and ublicit Seeking donations, grants and legacies Advertising Stsff costs 14,493 5,983 16,991 4,018 3,615 25,037 Fundraising and publicity 37,467 32,670 37,467 32,670 Expenditure on charitable activities Totsl Totsl 2024 2023 Direct costs Stsff costs Depreciation and impairment Telephone Printing, postage and stationary Patients travel 69,898 5,913 10,787 4,950 6,511 2,554 5,646 7,036 2,479 2,739 1,489 535 154,611 7,770 6,766 855 2.954 2.498 5,238 3,891 2,419 3,449 1,554 1.620 2.143 3.764 6,000 1,879 62,793 Motor running costs Insurance Light and heat Council tax and water rates Computer costs Sundry expenses Repairs and maintenance Household Food Activities 1,552 3,650 6,023 12581 113,703 Cleaning Other charitable expenditure 245,207 270,204 Analysis by fund Unrestricted funds 245,207 270,204 16-
YOUTH CANCER TRUST (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30JUNE 2024 Net movement in funds 2024 2023 The net movement in funds is ststed after charging/(creditingl: Depreciation of owned tangible fixed assets Lossllprofitl on disposal of tangible fixed assets 5,913 615 7,771 110,7281 Employees Employment costs 2024 2023 Wages and salaries Social security costs Other pension costs Other staff costs 77,441 2,250 4,346 54,000 113.732 6,662 5,254 84.037 179,648 Employee costs, excluding "other staff costs" have been allocated in accordance with the activities of the staff= 20Yo to acknvities for generating funds and 80% to charitable activities. The number of employees during the year was 3 {2023- 5). Other staff costs represent the amount payable by the charity as part of a severance agreement whh also facilitates the sale of the property as discussed in the 2023 trustees report. No employee received emoluments of more than £60,(J)O in the year or comparative period excluding the severance agreement Stated above. No trustee received any remuneration or reimbursement of expenses in the year. 17-
YOUTH CANCER TRUST (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30JUNE 2024 Tangible fixed assets Freehold land Freehold and buildings impro*ments Flxwres and Computets MorvehICleS Tal Cost At ljuly 2023 Additions Disposa15 145.828 132,657 51.264 6.695 265 14,620 351.064 265 114,6201 114,6201 At 30 June 2024 145,828 132,657 51.264 6,960 336,709 Depreciation and impairment At l July 2023 Depreciation charged in the year Eliminated in respect of disposals 72,922 45.808 49.763 6.662 8,731 183,886 2,917 2,653 300 43 5.913 18,7311 18,7311 At 30 June 2024 75,839 48,461 50,063 6,705 181,068 Carrying amount At 30 June 2024 69,989 84,196 1.201 255 155.641 At 30 June 2023 72,906 86,849 1.501 33 5,889 167,178 10 Debtors 2024 2023 Amounts falling due within one year: Prepayments and accrued income 25.154 24,024 18-
YOUTH CANCER TRUST (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30JUNE 2024 11 Creditors: amounts falling due within one year 2024 2023 Obligations under finance leases Other taxation and social security Trade creditors Accruals and deferred income 5,274 1,186 3,324 362 4.248 58.554 7,934 65,014 The hire purchase liabilities are secured against the assets to which they relate. 12 Retirement benefit schemes 2024 2023 Defined contribution schemes Charge to profit or105s in respect of defined contribution Schemes 4.346 5.254 The charity operates a delined contribution pension scheme for all qualifying employees. 13 Restricted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At l July 2023 Incoming resources At 30 June 2024 Souter Charitable Trust Horse Therapy Scheme 5,789 5.789 2,500 2.51XJ 5,789 2.500 8.289 Previous year: At l July 2022 Incoming resources At 30 June 2023 Souter Charitable Trust 5,789 5,789 19-
YOUTH CANCER TRUST (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30JUNE 2024 13 Restricted funds (Continued) The Souter Charitable Trust represents funding towards the transport cost of Scottish patients. The Horse Therapy Scheme represents funds received for the provision of horse therapy. 14 Designated funds The unrestricted funds ofthe charity comprise the unexpended balances of donations and Erants which are not subject to specitic conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. Movement in funds Balance at l July 2023 Transfer5 Balance at 30 June 2024 Contingency fund YCT youngster activities Healthy eating project 250,000 50.000 50.000 250,000 50,000 50.000 350.000 350,000 The trustees have designed the following funds for specific purposes: Contingency fund due to the uncertain economic environment the trustees look to maintain a contingency fund so that the activities of the charity can continue undisrupted if income falls in fijture years. this is reviewed annually. YCT for youngster activities- building funds for further activities. Healthy eating project- to improve the food provision for the young people who reside at Tracy Ann House, in light of the need for specific healthy eating plans and particular dietary requirements during a1 after a cancer diagnosis, inclLJding the dietary needs of people fmm different faiths. -20-
YOUTH CANCER TRUST (UK) LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 30JUNE 2024 15 Analysis of net assets between funds Unrestrirted Restrirted 2024 2024 Total 2024 Total 2023 Fund balances at 30 June 2024 are represented by.. Tangible assets Current assets/lliabilitiesl 155,641 194,009 155,641 202,298 167,178 231,976 8,289 349.650 8.289 357.939 399.154 16 Related party transactions During the year the charity paid professional fees to Sam Becketts Limited of £nil12023 £7,838). The charity also paid fees of £33,00012023 - £28,500) to Sam Becketts Limited for digital services and costs. Sam Becktts Limited is related to the charity by virtue of the fact that Mr. M Hillman Itrusteel and Ms. G Hillrren are directors and shareholders in Sam Becketts Limited. 21