COMPANY REGISTRATION NUMBER: 3297916 CHARITY REGISTRATION NUMBER: 1086465
Cancer Black Care Company Limited by Guarantee Unaudited Financial Statements
31 March 2024
BAPTISTE & CO
Chartered Certified Accountants Tower 42, 25 Old Broad Street London EC2N 1HN
Cancer Black Care
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2024
| Page | |
|---|---|
| Trustees' annual report (incorporating the director's report) | 1 |
| Independent examiner's report to the trustees | 3 |
| Statement of financial activities (including income and | |
| expenditure account) | 4 |
| Statement of financial position | 5 |
| Notes to the financial statements | 6 |
| The following pages do not form part of the financial statements | |
| Detailed statement of financial activities | 13 |
| Notes to the detailed statement of financial activities | 14 |
Cancer Black Care
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 March 2024
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2024.
Reference and administrative details
Registered charity name Cancer Black Care Charity registration number 1086465 Company registration number 3297916 Principal office and registered C/O 56 Redbridge Lane West office London E11 2JU The trustees Professor F Chinegwundoh S During Dr I Llewellyn Independent examiner Baptiste & Co Tower 42, 25 Old Broad Street London EC2N 1HN
Strategic report
The following sections for achievements and performance and financial review form the strategic report of the charity.
CBC Chair Report for 2023/2024 Accounts
Cancer Black Care (CBC) continues to be a pivotal charitable organisation dedicated to providing comprehensive support for individuals and families affected by cancer within Black and other ethnic minority communities. As we enter our 29th year, we remain committed to delivering culturally sensitive, personalised cancer care and support. The past year has been transformative for CBC. With the continued support of the North West London Integrated Care Board and our strategic partnership with Macmillan Cancer Support, we have significantly expanded our impact. Our Chief Executive Officer, Paul Campbell, has been instrumental in driving our strategic vision, enhancing our organisational capacity and reach.
Key Achievements in 2024:
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Strengthened partnerships with local healthcare providers and community organisations
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Hosted a successful boxathon fundraiser supported by Balham ABC
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Invited multiple times to the House of Commons to meet ministers first-hand and discuss healthcare disparities
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Widened our network of healthcare providers and support mechanisms
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Employed a new full-time staff member to work in the Brent area
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Attended the Black Men's Health Advisory Group hosted by PCUK various times
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Delivered workshops and training to various local authorities and healthcare organisations throughout the year
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Ran 12 CBC member group sessions monthly, exploring themes including cancers, nutrition, mindfulness, meditation, and well-being
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Cancer Black Care
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 March 2024
-
Welcomed two new trustees to our board, with additional interviews scheduled for experienced trustees in January 2025
-
Updated the CBC website to improve user experience
-
Introduced personalised CBC merchandise for our members for the first time
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Worked on and featured in "The Beauty of Support" short film, produced by Macmillan
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Secured full use of the Cancer Awareness Trust's office at no charge
-
Participated in discussions regarding the NHS's 10-year healthcare plan
-
Forged new strategic relationships in the Brent community
Financial Sustainability:
Despite challenging economic conditions, CBC has maintained financial stability through diversified funding streams, including grants, donations, and strategic partnerships. Our relationship with the Cancer Awareness Trust and continued Macmillan funding has been crucial in supporting our operations.
Future Objectives:
Looking ahead, Cancer Black Care aims to:
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Further digitalise our support services
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Add more experienced trustees to our board
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Locate funding to boost/improve our services and keep our chief exec
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Expand our mental health and resilience programmes
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Develop more targeted cancer awareness initiatives
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Secure a permanent office space to enhance our operational capabilities
-
Continue advocating for improved cancer treatment access for ethnic minority communities
-
Develop a fundraising strategy
-
Plan another fundraiser
We extend our heartfelt gratitude to our staff, volunteers, trustees, partners, and most importantly, the communities we serve. Their continued support enables us to make a meaningful difference in cancer support and awareness.
As we move forward, CBC remains dedicated to our core mission of providing comprehensive, culturally sensitive support to those affected by cancer.
Kind regards, Chair, Cancer Black Care
The trustees' annual report and the strategic report were approved on 16 December 2024 and signed on behalf of the board of trustees by:
Professor F Chinegwundoh Trustee
Charity Secretary
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Cancer Black Care
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Cancer Black Care
Year ended 31 March 2024
I report to the trustees on my examination of the financial statements of Cancer Black Care ('the charity') for the year ended 31 March 2024.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
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:
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accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
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the financial statements do not accord with those records; or
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the financial statements 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 reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Independent Examiner
Tower 42, 25 Old Broad Street London EC2N 1HN
16 December 2024
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Cancer Black Care
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 31 March 2024
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 5 | 870 | 117,529 | 118,399 | 42,941 |
| -------------- | -------------------------------- | -------------------------------- | ---------------------------- | ||
| Total income | 870 | 117,529 | 118,399 | 42,941 | |
| ============== | ================================ | ================================ | ============================ | ||
| Expenditure | |||||
| Expenditure on charitable activities | 6,7 | 63 | 123,053 | 123,115 | 58,340 |
| Other expenditure | 8 | 1,260 | – | 1,260 | 1,260 |
| ----------------------- | -------------------------------- | -------------------------------- | ---------------------------- | ||
| Total expenditure | 1,323 | 123,053 | 124,375 | 59,600 | |
| ======================= | ================================ | ================================ | ============================ | ||
| ----------------------- | -------------------------------- | -------------------------------- | ---------------------------- | ||
| Net expenditure and net movement in | |||||
| funds | (453) | (5,524) | (5,976) | (16,659) | |
| ======================= | ================================ | ================================ | ============================ | ||
| Reconciliation of funds | |||||
| Total funds brought forward as previously | |||||
| reported | 7,800 | (3,108) | 4,692 | 21,351 | |
| Prior year adjustment | 35,916 | – | 35,916 | – | |
| ---------------------------- | -------------------------------- | -------------------------------- | ---------------------------- | ||
| Total funds brought forward as restated | 43,716 | (3,108) | 40,608 | 21,351 | |
| Transfer | (40,000) | 40,000 | |||
| ---------------------------- | -------------------------------- | -------------------------------- | ---------------------------- | ||
| Total funds carried forward | 3,263 | 31,368 | 34,632 | 4,692 | |
| ============================ | ================================ | ================================ | ============================ |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 6 to Error! Bookmark not defined. form part of these financial statements.
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Cancer Black Care
Company Limited by Guarantee
Statement of Financial Position
31 March 2024
| 2024 | 2023 | |||
|---|---|---|---|---|
| Note | £ | £ | £ | |
| Fixed assets | ||||
| Tangible fixed assets | 12 | 1,984 | 734 | |
| Current assets | ||||
| Cash at bank and in hand | 32,648 | 3,958 | ||
| ---------------------------- | ----------------------- | |||
| Net current assets | 32,648 | 3,958 | ||
| ---------------------------- | ----------------------- | |||
| Total assets less current liabilities | 34,632 | 4,692 | ||
| ============================ | ======================= | |||
| Funds of the charity | ||||
| Restricted funds | 31,368 | (3,108) | ||
| Unrestricted funds | 3,264 | 7,800 | ||
| ---------------------------- | ---------------------------- | |||
| Total charity funds | 13 | 34,632 | 4,692 | |
| ============================ | ============================ |
For the year ending 31 March 2024 the charity was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements were approved by the board of trustees and authorised for issue on 16 December 2024, and are signed on behalf of the board by: JLpn Professor F Chinegwundoh Trustee
The notes on pages 6 to Error! Bookmark not defined. form part of these financial statements.
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Year ended 31 March 2024
Cancer Black Care
Company Limited by Guarantee
Notes to the Financial Statements
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is C/O 56 Redbridge Lane West, London, E11 2JU.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.
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Cancer Black Care
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
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income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
-
income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
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other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
All fixed assets are initially recorded at cost.
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Cancer Black Care
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
3. Accounting policies (continued)
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
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Cancer Black Care
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
3. Accounting policies (continued)
Financial instruments (continued)
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Limited by guarantee
The liability of each member is restricted to £10.
5. Donations and legacies
| YEAR TO 31/03/2024 | Unrestricted | Restricted | Total Funds |
|---|---|---|---|
| Funds | Funds | 2024 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 870 | – | 870 |
| Grants | |||
| Grants receivable - BCCG | – | 117,529 | 117,529 |
| -------------- | -------------------------------- | -------------------------------- | |
| 870 | 117,529 | 118,399 | |
| ============== | ================================ | ================================ | |
| YEAR TO 31/03/2023 | Unrestricted | Restricted | Total Funds |
| Funds | Funds | 2023 | |
| £ | £ | £ | |
| Donations | |||
| Donations | 364 | – | 364 |
| Grants | |||
| Grants receivable - BCCG | – | 42,577 | 42,577 |
| -------------- | ---------------------------- | ---------------------------- | |
| 364 | 42,577 | 42,941 | |
| ============== | ============================ | ============================ |
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Cancer Black Care
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
6. Expenditure on charitable activities by fund type
| YEAR TO 31/03/2024 | Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|---|
| Funds | Funds | 2024 | |||
| £ | £ | £ | |||
| Delivery of services | – | 123,053 | 123,052 | ||
| Support costs | 63 | – | 63 | ||
| -------------- | -------------------------------- | -------------------------------- | |||
| 63 | 123,053 | 123,115 | |||
| ============== | ================================ | ================================ | |||
| Wages and salaries | 100,868 | 52,727 | |||
| Telephone | 2,175 | 2,427 | |||
| Other office costs | 19,573 | 2,878 | |||
| Depreciation | 436 | 245 | |||
| -------------------------------- | ---------------------------- | ||||
| 123,115 | 58,340 | ||||
| -------------------------------- | ---------------------------- | ||||
| YEAR TO 31/03/2023 | Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2023 | |||
| £ | £ | £ | |||
| Delivery of services | – | 58,276 | 58,277 | ||
| Support costs | 64 | – | 63 | ||
| -------------- | ---------------------------- | ---------------------------- | |||
| 64 | 58,276 | 58,340 | |||
| ============== | ============================ | ============================ | |||
| 7. | Expenditure on charitable activities | by activity type | |||
| Activities | |||||
| undertaken | Support | Total funds | Total fund | ||
| directly | costs | 2024 | 2023 | ||
| £ | £ | £ | £ | ||
| Delivery of services | 123,052 | – | 123,052 | 58,277 | |
| Governance costs | – | 63 | 63 | 63 | |
| -------------------------------- | -------------- | -------------------------------- | ---------------------------- | ||
| 123,052 | 63 | 123,115 | 58,340 | ||
| ================================ | ============== | ================================ | ============================ | ||
| 8. | Other expenditure | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2024 | Funds | 2023 | ||
| £ | £ | £ | £ | ||
| Accounting fees - independent | |||||
| examination | 1,260 | 1,260 | 1,260 | 1,260 | |
| ======================= | ======================= | ======================= | ======================= | ||
| 9. | Net expenditure | ||||
| Net expenditure is stated after charging/(crediting): | |||||
| 2024 | 2023 | ||||
| £ | £ | ||||
| Depreciation of tangible fixed assets | 436 | 245 | |||
| ============== | ============== |
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Cancer Black Care
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
10. Staff costs
| The total staff costs and employee benefits for the reporting period are analysed as | The total staff costs and employee benefits for the reporting period are analysed as | follows: |
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Wages and salaries | 100,868 | 52,727 |
| ================================ | ============================ |
The average head count of employees during the year was 2 (2023: 2).
No employee received employee benefits of more than £60,000 during the year (2023: Nil).
11. Trustee remuneration and expenses
There was no trustees' remuneration.
12. Tangible fixed assets
| Fixtures and | |||
|---|---|---|---|
| fittings | Equipment | Total | |
| £ | £ | £ | |
| Cost | |||
| At 1 April 2023 | 76,032 | 10,262 | 86,294 |
| Additions | – | 1,686 | 1,686 |
| ---------------------------- | ---------------------------- | ---------------------------- | |
| At 31 March 2024 | 76,032 | 11,948 | 87,980 |
| ============================ | ============================ | ============================ | |
| Depreciation | |||
| At 1 April 2023 | 75,356 | 10,204 | 85,560 |
| Charge for the year | – | 436 | 436 |
| ---------------------------- | ---------------------------- | ---------------------------- | |
| At 31 March 2024 | 75,356 | 10,640 | 85,996 |
| ============================ | ============================ | ============================ | |
| Carrying amount | |||
| At 31 March 2024 | 676 | 1,308 | 1,984 |
| ============================ | ============================ | ============================ | |
| At 31 March 2023 | 676 | 58 | 734 |
| ============================ | ============================ | ============================ |
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Cancer Black Care
Company Limited by Guarantee
Management Information
Year ended 31 March 2024
13.
Analysis of charitable funds
Unrestricted funds
| at | Prior | at | |||
|---|---|---|---|---|---|
| 31/03/23 | income | Expenditure | year adj | Transfer | 31/03/24 |
| 7,800 | 870 | 1,323 | 35,916 | (40,000) | 3,263 |
Restricted funds
| at | Prior | at | |||
|---|---|---|---|---|---|
| 31/03/23 | income | Expenditure | year adj | Transfer | 31/03/24 |
| (3108) | 117,529 | 123,053 | 40,000 | 31,368 |
The following pages do not form part of the financial statements.
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Cancer Black Care
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 31 March 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Income and endowments | ||
| Donations and legacies | ||
| Donations | 870 | 364 |
| Grants receivable - BCCG | 117,529 | 42,577 |
| -------------------------------- | ---------------------------- | |
| 118,399 | 42,941 | |
| -------------------------------- | ---------------------------- | |
| -------------------------------- | ---------------------------- | |
| Total income | 118,399 | 42,941 |
| ================================ | ============================ | |
| Expenditure | ||
| Expenditure on charitable activities | ||
| Wages and salaries | 100,868 | 52,727 |
| Telephone | 2,175 | 2,427 |
| Other office costs | 19,573 | 2,878 |
| Depreciation | 436 | 245 |
| Other interest payable and similar charges | 63 | 63 |
| -------------------------------- | ---------------------------- | |
| 123,115 | 58,340 | |
| -------------------------------- | ---------------------------- | |
| Other expenditure | ||
| Accounting fees - independent examination | 1,260 | 1,260 |
| ----------------------- | ----------------------- | |
| -------------------------------- | ---------------------------- | |
| Total expenditure | 124,375 | 59,600 |
| ================================ | ============================ | |
| -------------------------------- | ---------------------------- | |
| Net expenditure | (5,976) | (16,659) |
| ================================ | ============================ |
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Cancer Black Care
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities
Year ended 31 March 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Expenditure on charitable activities | ||
| Delivery of services | ||
| Activities undertaken directly | ||
| Wages and salaries | 100,868 | 52,727 |
| Telephone | 2,175 | 2,427 |
| Other office costs | 19,573 | 2,878 |
| Depreciation | 436 | 245 |
| -------------------------------- | ---------------------------- | |
| 123,052 | 58,277 | |
| -------------------------------- | ---------------------------- | |
| Governance costs | ||
| Bank charges and interest payable | 63 | 63 |
| -------------- | -------------- | |
| -------------------------------- | ---------------------------- | |
| Expenditure on charitable activities | 123,115 | 58,340 |
| ================================ | ============================ |
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