REGISTERED COMPANY NUMBER: 04197003 (England and Wales) REGISTERED CHARITY NUMBER: 1087175
Report of the Trustees and Unaudited Financial Statements For The Year Ended 30 April 2021
for
The Chestnut Appeal for Men's Health Ltd
Bromhead Harscombe House 1 Darklake View Plymouth Devon PL6 7TL
The Chestnut Appeal for Men's Health Ltd
| Contents of the Financial Statements | |||
|---|---|---|---|
| For The Year Ended 30 April 2021 | |||
| Page | |||
| Report of the Trustees | 1 | to | 5 |
| Independent Examiner's Report | 6 | ||
| Statement of Financial Activities | 7 | ||
| Balance Sheet | 8 | ||
| Notes to the Financial Statements | 9 | to | 13 |
| Detailed Statement of Financial Activities | 14 |
The Chestnut Appeal for Men's Health Ltd
Report of the Trustees For The Year Ended 30 April 2021
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Chestnut Appeal for Men's Health Ltd is required by charity and company law to act within the objectives of its Memorandum of Association.
The Chestnut Appeal for Men's Health Ltd is a public benefit entity.
Its principal objects are to relieve suffering and distress amongst persons suffering from and affected by prostate cancer. This is achieved by working with men suffering with prostate cancer and their families in Devon and Cornwall, and raising awareness of prostate cancer in the region. The charity will also raise awareness of Testicular Cancer and Penile Cancer.
The trustees have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing aims and objectives and in planning the future objectives.
Cancer referrals are down by 75% which could equate to an extra 18,000 lives lost over the next 12 months due to cancer as a result of COVID-19. Raising awareness of the risks, signs and symptoms is a key element to our work and reaching out to the communities we serve is needed more than ever before. Cancer hasn't stopped because of the Coronavirus, and neither have we.
Our Mission is to increase awareness of Prostate Cancer, Testicular Cancer and Penile Cancer while still offering our existing aims of funding salaries of specialist prostate cancer nurses, provide equipment for prostate cancer care and to fund the latest treatments available for prostate cancer patients in the South West.
It was heart breaking to see so many events and meetings cancelled due to Covid-19, those we were able to arrange in the late summer were a lot smaller than we needed, alongside this other community events didn't happen, like golf days, walks and parties. Freemason, Rotary and Lions clubs didn't meet and other groups and clubs cancelled activities too, meaning the pandemic saw our income decimated, with a loss of around 60%. We were not entitled to any support from government or any local council grants either.
However, despite this were able to get onto BBC Radio Devon to talk about the online support group twice, which is remarkable considering the airwaves were full of covid reports and nothing else!
Page 1
The Chestnut Appeal for Men's Health Ltd
Report of the Trustees For The Year Ended 30 April 2021
OBJECTIVES AND ACTIVITIES
Achievements and performance
To continue to keep our profile as high as possible we made use of social media channels as much as we could, and arranged a Billboards and Buses Campaign for April 2021. This meant we were on 100 Bus Rears and 11 Billboards for the entire month right across Devon & Cornwall. It was a bold campaign and was arranged at no charge by Fuel Communications, we only had to pay for the advertising space at a cost of £20,000.
We managed to hold a much smaller Breakwater Swim, Burgh Island Swim and Drakes Island. We were really pleased to be able to hold these 3 events and we raised around £45,000 for the charity. As well as these events we also put on several virtual events, that people could get involved with from their own homes or in their own communities, these didn't do as well as expected, we think this is due to over exposure of larger scale endeavours, like the big telethons and the Captain Tom fundraiser that happened, so not a lot of people wanted to help this regional charity with yet another virtual event.
We received an amazing donation from Tavistock Lions. They fundraised from the Trees of Light in Tavistock, which as ever, formed the centre piece of the town's Christmas illuminations on the front of the Town Hall. £3,000 is a huge amount for the charity and will go towards our future vital work with men's cancers in our community.
This year, as we know has been absolutely dire for events, so charities like ours, that put on lots of events to create an income have been hit particularly hard, that's why we're so pleased Plymouth Bike Nights were able to hold a few events across the summer, raising some funds for the charity. We usually send someone from the Charity along to their club night to thank them, let them know how we are going to spend the donation and see how they all are, but this year sadly we couldn't, but we gratefully received their kind donation of £1,000.
We were invited to The Mayors Lodge in Bodmin on Thursday 19th November by Lord and Lady Mayor Jeremy & Nikki Cooper who spent their year fundraising for the charity, sadly due to restrictions we were unable to meet, so Nikki Cooper kindly sent the charity a photo to document the occasion. It means a great deal, especially after such a tough year, so thank you to Bodmin Town and the Lord and Lady Mayor so much for showing such kind generosity. To raise £2,500 is an incredible achievement.
The Radiotherapy department at Derriford Hospital approached us and asked if we would fund a series of DVDs.
As part of the treatment pathway patients with prostate cancer are invited to a pre radiotherapy consent session where we discuss what to expect from treatment and they are also consented at this point. Due to COVID 19 they are no longer able to run these sessions and instead have made patient information videos to replace the face to face sessions. They distribute these videos via a link in an email however they needed to have a number of DVD's made for those patients who may not be able to access the link. We funded these for the department at a cost of £59.
We managed to support Torbay Hospital in 2020 with a £10,000 donation towards the MRi fusion scanner, so that was pleasing.
Penile Cancer is rare cancer but needs to be caught early to be treated successfully. It occurs on the skin of the penis or within the penis. There are around 630 cases in the UK each year and is mostly diagnosed in men over 60 however men in their 30s, 40s and 50s can also be affected.
Testicular cancer is cancer that develops in the testicles, a part of the male reproductive system. Symptoms may include a lump in the testicle, or swelling or pain in the scrotum. Treatment may result in infertility. Risk factors include an undescended testis, family history of the disease, and previous history of testicular cancer.
We aim to make a marked difference to men and their families from across the region and are extremely grateful for all the help and support we get from so many groups, clubs and individuals right across the region.
We are delighted to extend our congratulations to our chanty's original founder & trustee, Mr Andrew Dickinson, who's been awarded the distinguished Gold Medal for services to Urology over the past 20 years, by The British Association of Urology Surgeons. An impressive accolade, many congratulations from us all at the charity for everything you do.
The support from the people of the South West is absolutely brilliant and we are so pleased to be able to continue making a marked difference to men's health across the region.
Thank you everyone for such wonderful support.
Page 2
The Chestnut Appeal for Men's Health Ltd
Report of the Trustees For The Year Ended 30 April 2021
OBJECTIVES AND ACTIVITIES FINANCIAL REVIEW
The financial year 30 April 2021 has resulted in net outgoing resources of £36,995 (2020: net incoming £115,955).
In total we received £124,099. (2020: £253,698) This amount comes from donations from the public, from clubs and groups as well as from gift aid. There were no donations from the local or national government offices.
We spent a total of £161,094 (2020: £137,743).
The balance in the bank at the end of the financial year was £523,824.57 (2020: £556,567).
Reserves policy
It is the policy of the company to try and maintain a level of free reserves, that are those unrestricted funds which are not invested in fixed assets, designated for a specific purpose or otherwise committed which meet the cost of the associations governance and the level of its preservation policy within its available budget. This is currently set at £200,000.
The company has identified that this amount will keep the charity in operation for 18 months. It is the trustees' opinion that this level of reserves would be adequate to maintain uninterrupted services in the event of a major loss of funding or unforeseen expenditure.
The charity is working with Plymouth Hospitals NHS Trust to help provide a Centre of Excellence for the region for Men's Cancers, and has identified a further £100,000 of funding that is in the bank to go towards that project. Whilst the unexpected nature of NHS projects makes the timescale fluid, this will remain held for two years. The charity has identified other projects to focus on around the mental health of cancer patients and intends to fund psychological training and deliver this support in Plymouth and Truro over the next two years. The anticipated spend in the Centre of Excellence will also increase by £200,000 for the two years after it is established, in order to provide welfare and support facilities for patients with men's cancers.
The Board of Trustees has agreed that having a 'zero level' reserves policy creates a heightened financial risk from the possibility of unforeseen expenditure, sudden closure, trustee liability, a shortfall in income or an inability to control costs. Therefore having an agreed amount of free reserves is the policy adopted by the Board to protect and sustain the charity and the work it does to raise awareness and support men's cancers.
Investment policy
The management committee has considered the most appropriate policy for investing funds and has found that investing funds in a guaranteed fixed deposit account meets their requirements.
A certain amount of funding needs to be available on a daily basis and the committee consider the return that they receive on their investments to be low risk. Funds are invested in low risk accounts although the reduction in bank interest rates has reduced the returns made by the charity.
Social investments
The political and social landscape could change quite a bit over the coming years, although historically when times are tough people give to small local charities our competition is increasing as less and less government grants become available and the EU funding ends more and more charities will be asking the public for donations. The Charity Commission has seen a record number of new applications for charity registrations and demand continues to rise.
What we think is great about The Chestnut Appeal is that you can see what your fundraising efforts can do and we are so very grateful for all the help we are receiving. We hope you know that you really do make a difference. Without help we wouldn't be able to provide state of the art equipment, support nurses or raise awareness of this most common cancer in men, so thank you all very much.
We will work to ensure donations keep coming in by encouraging groups to hold events and staging them ourselves, with four swimming events already planned.
The activities of the charity are bound by it's constitution adopted 9 April 2001 and amended 6 December 2017.
The charity, The Chestnut Appeal for Men's Health, is also known as The Chestnut Appeal.
Page 3
The Chestnut Appeal for Men's Health Ltd
Report of the Trustees For The Year Ended 30 April 2021
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Chestnut Appeal for Men's Health Limited is a charity registered with the Charity Commission in England and Wales, number 1087175. The company is limited by guarantee and has no share capital, its registered number is 4197003.
Recruitment and appointment of new trustees
The trustees shall carry out the election of the officers at the Annual General Meeting. Nominations are to be made in writing. Each nomination must be proposed and seconded by trustees of the company and accompanied by the written consent of the nominee. New trustees are inducted into the workings of the charity during meetings held throughout the year. Trustees are recruited to provide specific skills and experience required. They are provided with regular internal and external information relevant to the charity's governance.
The membership of the Board of trustees initially lasts 3 (three) years or 36 months for every new applicant. Following the initial 3-year contract, the trustees may opt to further remain on the Board as trustees of the charity. Chestnut Appeal welcomes all contribution of members with experience on the Board and in this case, they will be allowed to remain on a rolling 1(one) year basis. Their membership will be renewed annually (every 12 months). If the trustee wishes to cease his/her duties, the contract may be cancelled (by the Trustee themselves, within a month's notice).
It is required to have a minimum of 4 and a maximum of 12 members, all over the age of 18 and not forbidden by law from acting in these positions. The Board of trustees consists of the officers, those being the Chairman, the Treasurer and the Secretary, and ordinary trustees.
Organisational structure
Overall responsibility for the management of the company is vested in the trustees. The company holds at least four committee meetings during the year. These meetings are organised by the trustees to continue with the work necessary to maintain the objects of the charity. Ms Lesley-Ann Simpson manages the charity on a day to day basis.
Risk management
The trustees are responsible for the management of the risks faced by the company. The trustees continue to examine the major internal and external risks that the charity faces. Systems are in existence to monitor and control these risks to mitigate any impact that they may have on the charity in the future.
The key controls used by the charity include: · Formal agendas for all committee and board meetings · Comprehensive strategic planning, budgeting and management accounting · Established organisational structure and lines of reporting · Clear authorisation and approval levels
The trustees recognise that systems can only provide reasonable but not absolute assurance that major risks have been adequately managed.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
04197003 (England and Wales)
Registered Charity number
1087175
Registered office
Department of Urological Research Derriford Hospital Level 7 Plymouth Devon PL6 8DH
Trustees
A Dickinson S Natale A Harwood S Parford P Hunter- Campbell Ms C Giles A Porter M Mantle Ms R Jeffs (appointed 19.11.20)
Page 4
The Chestnut Appeal for Men's Health Ltd
Report of the Trustees For The Year Ended 30 April 2021
REFERENCE AND ADMINISTRATIVE DETAILS Company Secretary
S Parford
Independent Examiner
Bromhead Harscombe House 1 Darklake View Plymouth Devon PL6 7TL
Approved by order of the board of trustees on 13 January 2022 and signed on its behalf by:
S Parford - Trustee
Page 5
Independent Examiner's Report to the Trustees of The Chestnut Appeal for Men's Health Ltd
Independent examiner's report to the trustees of The Chestnut Appeal for Men's Health Ltd ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2021.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies 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 your 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:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (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.
Neil Stevens ACA FCCA Bromhead Harscombe House 1 Darklake View Plymouth Devon PL6 7TL
18 January 2022
Page 6
The Chestnut Appeal for Men's Health Ltd
Statement of Financial Activities
(Incorporating an Income and Expenditure Account) For The Year Ended 30 April 2021
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 77,295 Charitable activities Costs of generating voluntary income 43,147 Fundraising trading: Cost of goods sold and other costs 2,727 Investment income 2 680 Total 123,849 EXPENDITURE ON Charitable activities Governance costs 2,950 Other resources expended 157,894 Total 160,844 NET INCOME/(EXPENDITURE) (36,995) Transfers between funds 12 164 Net movement in funds (36,831) RECONCILIATION OF FUNDS Total funds brought forward 555,519 TOTAL FUNDS CARRIED FORWARD 518,688 |
Restricted fund £ 250 - - - 250 - 250 250 - (164) (164) 212 48 |
30.4.21 Total funds £ 77,545 43,147 2,727 680 124,099 2,950 158,144 161,094 (36,995) - (36,995) 555,731 518,736 |
30.4.20 Total funds £ 181,547 70,089 - 2,062 |
|---|---|---|---|
| 253,698 2,394 135,349 |
|||
| 137,743 | |||
| 115,955 - |
|||
| 115,955 439,776 |
|||
| 555,731 |
The notes form part of these financial statements
Page 7
The Chestnut Appeal for Men's Health Ltd
Balance Sheet
30 April 2021
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 8 565 CURRENT ASSETS Stocks 9 200 Debtors 10 193 Cash at bank 523,825 524,218 CREDITORS Amounts falling due within one year 11 (6,095) NET CURRENT ASSETS 518,123 TOTAL ASSETS LESS CURRENT LIABILITIES 518,688 NET ASSETS 518,688 FUNDS 12 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted fund £ 48 - - - - - - 48 48 |
30.4.21 Total funds £ 613 200 193 523,825 524,218 (6,095) 518,123 518,736 518,736 518,688 48 518,736 |
30.4.20 Total funds £ 634 - 2,098 556,568 558,666 (3,569) 555,097 555,731 555,731 555,519 212 555,731 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements 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 charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 13 January 2022 and were signed on its behalf by:
C Giles - Trustee
S Parford - Trustee
The notes form part of these financial statements
Page 8
The Chestnut Appeal for Men's Health Ltd
Notes to the Financial Statements For The Year Ended 30 April 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
The charity has various sources of income which are recognised in the following ways;
Income from government and other grants, whether ‘capital’ grants or ‘revenue’ 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
Legacies are recognised at the earlier date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) 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 reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material.
Donations and fundraising events income are recognised when the money is received.
Sale of goods are represented at the point of sale and when the Charity is entitled to the funds.
Gift aid is recognised when the charity has entitlement to the funds and the amount can be measured reliably.
Interest on funds held in deposit accounts are included when receivable and the amount can be measured reliably by the charity, this is normally upon notification of the interest paid or payable by the Bank.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost Computer equipment - 25% on cost
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 9
continued...
The Chestnut Appeal for Men's Health Ltd
Notes to the Financial Statements - continued For The Year Ended 30 April 2021
1. ACCOUNTING POLICIES - continued
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Going concern
Despite the uncertainty of the global economic position due to the Covid-19 pandemic, the trustees are confident that the level of reserves held by the Charity means that they can continue to support those affected by prostate and penile cancers for at least the next twelve months.
2. INVESTMENT INCOME
3.
| INVESTMENT INCOME | ||
|---|---|---|
| 30.4.21 | 30.4.20 | |
| £ | £ | |
| Deposit account interest | 680 | 2,062 |
| NET INCOME/(EXPENDITURE) | ||
| Net income/(expenditure) is stated after charging/(crediting): | ||
| 30.4.21 | 30.4.20 | |
| £ | £ | |
| Independent examiner fee | 1,170 | 1,140 |
| Depreciation - owned assets | 404 | 308 |
| Other operating leases | 21,224 | 29,562 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 April 2021 nor for the year ended 30 April 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 30 April 2021 nor for the year ended 30 April 2020.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
6.
| 30.4.21 Administration 2 No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund fund £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 181,547 - Charitable activities Costs of generating voluntary income 70,089 - Investment income 2,062 - Total 253,698 - EXPENDITURE ON Charitable activities Governance costs 2,394 - |
30.4.20 2 Total funds £ 181,547 70,089 2,062 253,698 2,394 |
|---|---|
Page 10
continued...
The Chestnut Appeal for Men's Health Ltd
Notes to the Financial Statements - continued For The Year Ended 30 April 2021
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| Unrestricted fund £ Other resources expended 135,185 Total 137,579 NET INCOME/(EXPENDITURE) 116,119 Transfers between funds 164 Net movement in funds 116,283 RECONCILIATION OF FUNDS Total funds brought forward 439,400 TOTAL FUNDS CARRIED FORWARD 555,683 |
Restricted fund £ 164 164 (164) (164) (328) 376 48 |
Total funds £ 135,349 |
|---|---|---|
| 137,743 | ||
| 115,955 - |
||
| 115,955 439,776 |
||
| 555,731 |
7. DONATED GOODS, FACILITIES AND SERVICES
The charity has the use of a small office within Derriford Hospital, Plymouth and a storage unit which are currently provided rent free. These are reflected in the accounts at market value, being £6,000 per annum for the office and £900 per annum for the unit.
8. TANGIBLE FIXED ASSETS
| TANGIBLE FIXED ASSETS | |||
|---|---|---|---|
| Plant and | Computer | ||
| machinery | equipment | Totals | |
| £ | £ | £ | |
| COST | |||
| At 1 May 2020 | 850 | 11,902 | 12,752 |
| Additions | - | 383 | 383 |
| At 30 April 2021 | 850 | 12,285 | 13,135 |
| DEPRECIATION | |||
| At 1 May 2020 | 850 | 11,268 | 12,118 |
| Charge for year | - | 404 | 404 |
| At 30 April 2021 | 850 | 11,672 | 12,522 |
| NET BOOK VALUE | |||
| At 30 April 2021 | - | 613 | 613 |
| At 30 April 2020 | - | 634 | 634 |
Page 11
continued...
The Chestnut Appeal for Men's Health Ltd
Notes to the Financial Statements - continued For The Year Ended 30 April 2021
| 9. STOCKS Stocks 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors 12. MOVEMENT IN FUNDS At 1.5.20 £ Unrestricted funds General fund 555,519 Restricted funds Restricted fund 212 TOTAL FUNDS 555,731 Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS Comparatives for movement in funds At 1.5.19 £ Unrestricted funds General fund 439,400 Restricted funds Restricted fund 376 TOTAL FUNDS 439,776 |
Net movement in funds £ (36,995) - (36,995) Incoming resources £ 123,849 250 124,099 Net movement in funds £ 115,955 - 115,955 |
30.4.21 30.4.20 £ £ 200 - 30.4.21 30.4.20 £ £ 193 2,098 30.4.21 30.4.20 £ £ 6,095 3,569 Transfers between At funds 30.4.21 £ £ 164 518,688 (164) 48 - 518,736 Resources Movement expended in funds £ £ (160,844) (36,995) (250) - (161,094) (36,995) Transfers between At funds 30.4.20 £ £ 164 555,519 (164) 212 - 555,731 |
|---|---|---|
Page 12
continued...
The Chestnut Appeal for Men's Health Ltd
Notes to the Financial Statements - continued For The Year Ended 30 April 2021
12. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 253,698 253,698 |
Resources Movement expended in funds £ £ (137,743) 115,955 (137,743) 115,955 |
Resources Movement expended in funds £ £ (137,743) 115,955 (137,743) 115,955 |
|---|---|---|---|
| 115,955 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Restricted fund TOTAL FUNDS |
At 1.5.19 £ 439,400 376 439,776 |
Net movement in funds £ 78,960 - 78,960 |
Transfers between funds £ 328 (328) - |
At 30.4.21 £ 518,688 48 |
|---|---|---|---|---|
| 518,736 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 377,547 | (298,587) | 78,960 |
| Restricted funds | |||
| Restricted fund | 250 | (250) | - |
| TOTAL FUNDS | 377,797 | (298,837) | 78,960 |
Nature of funds
The restricted fund balance as at 30 April 2021 £48 (2020: £212) is restricted for IT purchases.
13. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 30 April 2021.
Page 13
The Chestnut Appeal for Men's Health Ltd
| INCOME AND ENDOWMENTS Donations and legacies Donations Gift aid Grants Donated services and facilities Investment income Deposit account interest Charitable activities Fundraising events Sale of goods Total incoming resources EXPENDITURE Charitable activities Wages Social security Events expenses Rent Insurance Post, printing & stationery Promotions & advertising Research nurse funding Technology costs Purchases Sundries Payroll expenses Management fees Bank charges Travelling Training Donated equipment Subscriptions Patient support Computer equipment Support costs Governance costs Independent examiner fees Accountancy fees Total resources expended Net (expenditure)/income |
Detailed Statement of Financial Activities For The Year Ended 30 April 2021 30.4.21 30.4.20 £ £ 57,146 159,359 6,205 10,288 7,294 5,000 6,900 6,900 77,545 181,547 680 2,062 43,147 70,089 2,727 - 45,874 70,089 124,099 253,698 72,210 68,849 3,269 4,120 21,224 29,562 6,900 6,900 347 330 83 424 21,598 6,305 - 9,388 6,938 771 391 - 95 928 454 437 1,554 2,669 318 451 90 954 1,390 165 18,670 - 1,546 600 663 2,188 404 308 158,144 135,349 1,170 1,140 1,780 1,254 2,950 2,394 161,094 137,743 (36,995) 115,955 |
Detailed Statement of Financial Activities For The Year Ended 30 April 2021 30.4.21 30.4.20 £ £ 57,146 159,359 6,205 10,288 7,294 5,000 6,900 6,900 77,545 181,547 680 2,062 43,147 70,089 2,727 - 45,874 70,089 124,099 253,698 72,210 68,849 3,269 4,120 21,224 29,562 6,900 6,900 347 330 83 424 21,598 6,305 - 9,388 6,938 771 391 - 95 928 454 437 1,554 2,669 318 451 90 954 1,390 165 18,670 - 1,546 600 663 2,188 404 308 158,144 135,349 1,170 1,140 1,780 1,254 2,950 2,394 161,094 137,743 (36,995) 115,955 |
|---|---|---|
| 181,547 2,062 70,089 - |
||
| 70,089 | ||
| 253,698 68,849 4,120 29,562 6,900 330 424 6,305 9,388 771 - 928 437 2,669 451 954 165 - 600 2,188 308 |
||
| 135,349 1,140 1,254 |
||
| 2,394 | ||
| 137,743 | ||
| 115,955 |
This page does not form part of the statutory financial statements
Page 14