.,
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 2025 for
The Chestnut Appeal! for Men's Health Ltd
TC Bromhead Limited Harscombe House 1 Darklake View Plymouth Devon PL6 7TL
The Chestnut Appeat for Men's Health Ltd
.
Contents of the Financial Statements For The Year Ended 30 April 2025
| Page | |||
|---|---|---|---|
| ReportoftheTrustees | 1 | to | 6 |
| Independent Examiner's Report | 7 | ||
| Statement of Financial Activities | 8 | ||
| Balance Sheet | 9 | ||
| Cash Flow Statement | 10 | ||
| Notes to the Cash Flow Statement | 14 | ||
| Notes tothe Financial Statements | 12 | to | 18 |
| DetailedStatementofFinancialActivities | 19 | to | 20 |
ae
The Chestnut Appeal! for Men's Heaith Ltd
Report of the Trustees For The Year Ended 30 April 2025
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Chesinut Appeal for Men's Health Lid 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 dealing with prostate cancer and their families in Devon and Cornwall and raising awareness of prostate cancer in the region.
The charity also raises awareness of Testicular Cancer and Penile Cancer.
The trustees have referred to the guidance contained in the Charity Commission's generat guidance on public benefit when reviewing aims and objectives and in planning the future objectives.
The charity's current aims are:
-
To support prostate cancer nurses who are specialists in their field. 2. To increase awareness throughout Devon & Cornwall through events and talks, encouraging men to get their prostates checked.
-
To fund the latest equipment and technology, to be used for the treatment of Prostate Cancer. 4. To speak up about testicular and penile cancers, encouraging men to take action when they think something might be wrong.
-
To fund some PSA testing events until a screening programme becomes available. 6. To develop and help upgrade healthcare provision for men in the SW region. 7. To offer free holidays at the charity's static caravan, for men and their families facing prostate, testicular and penile cancers.
We want to ensure that every person suffering from or affected by Prostate Cancer, Testicular Cancer and Penile Cancer will get the help and support they need.
We raise funds that pay for the very latest equipment and specialist nurses to fight these cancers. We develop patient-led support groups and offer free holidays for those recently diagnosed with cancer. We can only do that with ihe amazing help we receive from the communities of Devon & Cornwall. Prostate cancer is without a doubt a disease epidemic of the modern age. Although first described in 1853, as a single case report, today, it is the most common male cancer in the western world today and a major cause of morbidity and mortality.
There is a strong public perception that urinary symptoms are one of the key indicators of prostate cancer. If rates of earlier diagnosis are to improve, people need to be aware that prostate cancer is a silent disease especially in the curable stages, and men should come forward for testing regardless of whether they have symptoms. Get your prostate checked from 45 if you are in a high-risk group, and from 50 if not. Awareness is key, early diagnosis saves lives!
Because of this, raising awareness of this most common cancer in men is at the heart of everything we do, and it is a natural progression to include Testicular Cancer and Penile Cancers under this umbrella. It is our mission to highlight this most common cancer in men & also knock down those stereotypical imageries of old men suffering from prostate cancer. Times are changing. Younger men are presenting with prostate cancer and more awareness in the community is needed. 1 in 8 men will get prostate cancer, 1 in 4 if it's in your family or you are of African Caribbean decent.
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 are mostly diagnosed in men over 60 however men in their 30s and 40s can also be affected and 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 swelting 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.
ee Page 1
The Chestnut Appeal for Men's Health Ltd
Report of the Trustees For The Year Ended 30 April 2025
OBJECTIVES AND ACTIVITIES
Achievements and performance
The charity aided with the opening of the new unit in Plymouth. The Chestnut Urological investigations Unit is a purpose-built unit for anyone who needs to access urology services, in particular men with Prostate, Testicular or Penife Cancers. Early, quicker, faster diagnosis saves fives, and this now is the third specialist unit in the country offering this service, helping to future proof access to treatments for decades to come.
The charity celebrated its 25th anniversary in 2024, and employed it's fourth member of staff to aid with succession planning as well as increase our involvement in the community and to help increase fundraising participation for the swims, although many sign up for our events, a smaller percentage fundraise for the charity, so this is something we are working on increasing.
The 2024 swimming season was less disrupted than previous years, with all the swims happening on their planned dates, apart from sadly the Looe Island swim, which was cancelled completely following a sewage breach.
Thank you to everyone who supported the Breakwater swim, with mentions going to Koala Karlous, who provided discounted drinks and food for swimmers. To Plymouth City Bus, who sponsored the event with a £500 donation, with this year being their last year of sponsorship. Thank you to Safewear Printers who helped us create a souvenir that people can buy. To the National Marine Park volunteers who donated their time to help the team. Thanks also to Plymouth Boat trips and the Mountbatten ferry, Plymouth City Council and last but not least The King's Harbour Master. In ail 170 people tock part in this challenge.
The Gawsand swim was held for the final time, with dwindling numbers, only 65 swimmers, the inability to attract a sponsor for the event, and the return on investment, we felt that energies were spent on the more successful swims, so we have rested this route for the time being.
The Drakes Island swim on the other hand attracted 300 swimmers, one of the largest for many years, registration in Steel Brew continues to prove io be a super venue. The swim sponsors Block took part in the event with a six strong swim team, and paid for the swimming hats, so many thanks to them for their time, effort and donation.
The St Michaels Mount Swim was sponsored by St Aubyn Estate have continued to support the swim both financially and in person, cheering on the swimmers from the beach. With 330 swimmers from across the UK signed up it was one of our most spectacular swims, taking on the beautiful backdrop of the Mount.
The 2024 Burgh Island swim attracted 310 swimmers on the day. Thanks to Marchand Petit for both sponsorship and providing a team of helpers and to Burgh Island hotel for providing the snacks. Hotel manager Viad Krupa took part for the second time after having considered doing so for the 16 years he has worked at the Hotel.
Allin all, some 1,175 swimmers registered across the five swims, which is incredible, however, a low take up of individual sponsorship was evident, as the cost-of-living crisis continues to affect the charity sector. Obiaining sponsorship for the events that are comparatively new has remined an issue and it's hoped once sponsorship has been secured then the sponsors will remain in place for a few years. Sponsorship helps with covering the costs of medals and swim caps really means that we can make the most from donations made by our fabulous fundraisers. We parinered with MyPSATests for a PSA test event at Plymouth Argyle Football Club, in memory of our founder and colleague, Dr. Salvo Natale as well as Prostate Cancer Awareness month, we saw 291 men attend at a cost of £7,566.00. 21 men were flagged to see a health care professional as soon as possible. 8 men presented as Amber and 13 were Red. The main age group of men tested, were the harder to reach men, those, who, often symptomiess, yet if diagnosed with prostate cancer, posed the most risk, these men are those aged from 40 to 59. We hope to continue this partnership with Plymouth Argyle FC.
To continue to keep our profile as high as possible we used advertising channels across the region, such as Billboards, displays at the A30 services, signs on buses in Truro and a Magazine. Social media posts on Facebook and Instagram, as well as a fully sign written van we use at as many locations as possible.
This Plymouth Prostate Cancer Support Group has changed to the Plymouth Support Group, offering access to all men and their families, affected by or dealing with prostate, testicular or penile cancers. The group tend of meet monthly at The Derriford Health and Leisure Centre and enjoy outings to places such as The Box in Plymouth, Plymouth Argyle and Cornish Tea. We also invite guests along to ialk to the group, including other charities like MacMillan, CAB, Who Needs Instructions, as well as clinical nurses and consultants. We have also recently included a new location, date and time for an additional support group, which now meets at the new Foulston Park in Devonport, to help reach men who are on the other side of the city of Piymouth.
Page 2
The Chestnut Appeal for Men's Health Ltd
Report of the Trustees For The Year Ended 30 April 2025
OBJECTIVES AND ACTIVITIES
All members of staff went on a training conference to London. The event was called Elevate and held many sessions and workshops on how to elevate the fundraising in the charity and what themes and issues might be coming down the line for charities. It was a great experience to network with other members of the sector and to learn some new skills and learn about new products that might help the charity in the years ahead.
The charity was also pleased to receive £2,500 from the Duchy Health Charity which was used for the travel costs for 4 people to visit the Isles of Scilly in October 2024, whilst there the charity engages with the population of over 2000 people, raising awareness and making links on the island, something we have not done before as a charity. We also met with clinicians, talked about the need for support on the island, held an awareness session on !sland Radio, and a drop in clinic with clinical nurse specialists and a NHS Urology Consultant for islanders who needed some help, we had a full day and saw over 20 people and handed out over 250 information leaflets.
As you may be aware, prostate cancer treatment can lead to continence issues in over 60% of men after 6 months post surgery following a radical prostatectomy. This can have a large psychological impact on a patient’s ability to move on from their cancer diagnosis and treatment. Within the southwest peninsula there is very little support for these men. Any support that is available is not specific to their needs and dramatically over subscribed. We are now able to fund, a nurse specialist at the Plymouth site who is running continence clinics dedicated to helping these men, and it costs around £18,000 a year, we have agreed to fund this position for up to 5 years reviewed annually. These clinic hours funded by our supporters, have reduced the waiting time for patients from around 30 weeks to just four weeks. The support this clinic offers is crucial in helping patients to maximise their quality of life after cancer treatment. We are also, in a manner, funding a radiologist in Truro, who is now able to dedicate one day a week purely to prostate cancer patients who need radiotherapy, reducing waiting times for these patients.
During 2021 we were left a legacy from the estate of the Late Keven Paul Beer, this legacy of £124,000 enabled the charity to purchase a holiday home at Tregoad Holiday park nr Looe in October 2022. We now offer free holidays for cancer patients, somewhere to recuperate. This project is called, "Have a Break on Us” and is proving to be very popular. The Plymouth Bike Nights Community donated a huge £5,600 towards the running costs, and we were pleased to welcome them at Tregoad for a look around, so they could see exactly what their fundraising helps to support. We allocate £10,000 per year for costs, and we expect to upgrade the holiday home in 3 to 4 years’ time.
The Charity Commission has seen a record number of new applications for charity registrations, and demand continues torise. There is, however, talk within the sector of a legacy boom, which the charity researched, enabling us to be in the best position to benefit from any potential boom in charitable giving. This has resulted in us joining the Free Wills Network and adding a Legacy Page on our website to encourage people to leavea gift in their will to the charity. Following on from a legacy the charity has been gifted from Mrs Stocker, we are creating a new project in her name. The Stocker Report. It's aim is: You're Given the All Clear ..... What Now!!
We are looking at Survivorship, Living with and beyond cancer with our Survivorship Pack that can be given to patients. When given the ‘All Clear’ or are told they are in remission, this pack will help reinforce the positive news, answer queries, and help give them courage io start living again, and making the best choices for their bodies and mind.
People need to be living their lives beyond their cancer diagnosis, and they need help to minimize the damage caused by cancer treatment, be that psychical or mental. Not everyone has an engaged partner who can help motivate, not everyone can change habits of a lifetime without help or encouragement.
Having had cancer is still seen as taboo, people feel it could come back at any minute. People don't like to talk about it. (yes this is still a thing).
As we are aware, particularly in Cornwall, there are active projects, looking at getting communities living fit and active lives, so we will be able to sign post to local groups and clubs, as well as this the project gives the opportunities to spot any red flags, any missing provision that might hinder living well after cancer, such as noi able to cook, no technology, lack of transport, depression, family issues. Our Cornwall Development Officer is researching social prescribing to see if that would be a good fit for the charity and this project.
We are also exploring the possibility of attaching a shop to our website, so we can sell t-shirts and other merchandise from our events far easier, faster.
The political and social landscape is always changing, regardless of this, we will continue to ask the public for donations.
ne
Page 3
The Chestnut Appeal for Men's Health Ltd
;
Report of the Trustees For The Year Ended 30 April 2025
OBJECTIVES AND ACTIVITIES
What we think is great about The Chestnut Appeal for Men's Health, is that you can see what your fundraising efforts can do, and what a difference they make in the community, we are continually grateful for all the help we receive.
Without help we wouldn't be able to provide state of the art equipment, support nurses, run support groups, provide a holiday home, or raise awareness of this most common cancer in men. We work to ensure donations keep coming in by encouraging groups to hold events as well as holding them ourselves, with five swimming events already planned for 2025, including an upgraded route for the Plymouth Breakwater Swim, and new sponsors Cor-Heat and Kingsmoor Construction.
The activities of the charity are bound by its 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.
FINANCIAL REVIEW
Financial position
The financial year 30 April 2025 has resulted in net income of £242,275 (2024: net expenditure of £14,529).
In total we received £546,807 (2024: £245,109). This amount comes from donations from the public, from clubs and groups as well as from gift aid. We were also lucky enough to have a legacy left to the charity, which almost doubled our income within the year.
We spent a total of £304,532 (2024; £259,638).
The balance in the bank at the end of the financial year was £757,831 (2024: £556,619)
Investment policy and objectives
The management committee of The Chestnut Appeal for Men’s Health have considered the most appropriate policy for investing funds and have found that investing funds in a guaranteed fixed deposit account meets their requirements. A certain amount of funding needs to be available daily and the committee consider the return that they receive on their investments to be low risk. Funds are invested in low-risk accounts.
Reserves policy
It is the policy of the charity to try and maintain a level of free reserves. Those, are unrestricted funds which are not invested in fixed assets, or designated for a specific purpose or otherwise commiited. Which meet the cost of the association's governance and the level of its preservation policy within its available budget. It is currently set at £215,000. 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. Free reserves at 30 April 2025 are £809,532 (2024: £546,529).
The charity works in partnership with Plymouth Hospitals NHS Trust to help provide a Centre of Excellence for the region, namely for Men's Cancers, and has ringfenced £100,000 towards this project, with £45,000 left to spend. We have also committed to funding a Radiographer in Truro, 3 handheld prostate sizers for Cornwall, at a cost of £6,000 each, 2 new probes at £15,000 each for Derriford and Truro, a Continence Nurse, a new Ai Project at Derriford for 3 years at £31,444 a year, plus start-up costs, a Continence service at Derriford Hospital at just over £4,000 a quarter, and the Holiday Home at £10,000 a year. Whilst the unexpected nature of NHS projects makes the timescales fluid, this should be completed in the next 3 years.
The charity has identified other projects to focus on around the mental health of cancer patients as well as money will need to be made available to upgrade the holiday home in the coming years, at a cost of around £100,000 over the next 2 years. The anticipated spend in the Centre of Excellence will also increase for the 2 years after it is established, in order to provide welfare and support facilities for patients with men's cancers.
There is also a diagnostic centre being constructed in Bodmin and one in Penzance, where we will be setting aside a sizable amount to support those projects too.
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.
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.
Page 4
The Chestnut Appeal for Men's Health Lid
:
Report of the Trustees For The Year Ended 30 April 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Recruitment and appointment of new trustees
The trustees shall carry cut ihe 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. The 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, the Secretary and the Policy Officer, as well as ordinary trustees.
Organisational structure
Overail 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. Lesley-Ann Simpson manages the charity on a day-to-day basis.
The organisation also takes part in strategy days and away days for training and group development as and when needed.
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.
A dedicated Policy Officer. Comprehensive strategic planning, budgeting and management accounting. Established organisational structure and tines of reporting. Clear authorisation and approval levels. Risk Register.
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
eee
Page 5
The Chestnut Appeal for Men's Health Lid
Report of the Trustees For The Year Ended 30 April 2025
Trustees
A Dickinson P Hunter- Campbell A Porter (resigned 29.9.25) M Mantle S Graber A Holmes T Whittingham (appointed 10.12.24) H G Wright (appointed 10.12.24) Ms R Mabelle (appointed 7.10.25)
Company Secretary S Graber
Independent Examiner TC Bromhead Limited Harscombe House 1 Darklake View Plymouth Devon PL6 7TL
Approved by order of the board of trustees on Z8fiolze
and signed on its behalf by:
seene[ene][ eeeneenrea] SSSE[cone][ Giees] ae. ee[ee][ ee] . S Graber - Trustee~
Page 6
; Independent Examiner's Report to the Trustees of The Chestnut Appeal for Men's Health Ltd
| report to the trustees on my examination of the financial statements The Chestnut Appeal for Men's Health Ltd for the year ended 30th April 2025.
Responsibilities and basis of report
As the trustees of the charity (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 financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of the charity's financial statemenis carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
| have completed my examination. | confirm that no matiers have come to my attention in connection with the examination giving me cause to believe that in any material respect:
" accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
" the financial statements do not accord with those records; or
"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).
| 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 financial statements to be reached.
Neil Stevens ACA FCCA
TC Bromhead Limited
Harscombe House
1 Darkiake View Plymouth Devon PL6 7TL
Date: ADL EUEeccccceeen
Page 7
The Chestnut Appeal for Men's Health Ltd
.
----- Start of picture text -----
||||||
|---|---|---|---|---|
|Statement of|Financial Activities|
|(Incorporating|an|Income and|Expenditure Account)|
|For The|Year|Ended|30|April 2025|
----- End of picture text -----
----- Start of picture text -----
|||||||||
|---|---|---|---|---|---|---|---|
|30.4.25|30.4.24|
|Unrestricted|Restricted|Total|Total|
|fund|funds|funds|funds|
|Notes|£|£|£|£|
|INCOME|AND|ENDOWMENTS|FROM|
|Donations|and|legacies|2|447,195|-|447,195|171,511|
|Charitable|activities|5|
|Men's|cancer support|and|awareness|78,951|-|78,951|69,514|
|Other trading|activities|3|3,920|-|3,920|213|
|Investment|income|4|16,741|-|16,741|3,871|
|Total|546,807|-|546,807|245,109|
|EXPENDITURE|ON|
|Raising|funds|6|1,467|-|1,467|10|
|Charitable|activities|7|
|Men's cancer support and|awareness|301,673|1,392|303,065|259,628|
|Total|303,140|1,392|304,532|259,638|
|NET INCOME/(EXPENDITURE)|243,667|(1,392)|242,275|(14,529)|
|RECONCILIATION|OF|FUNDS|
|Total|funds|brought|forward|682,028|5,225|687,253|701,782|
|TOTAL FUNDS CARRIED FORWARD|925,695|3,833|929,528|687,253|
----- End of picture text -----
The notes form part of these financial statements
Page 8
The Chestnut Appeai for Men's Health Ltd
Balance Sheet
30 April 2025
| 30.4.25 | 30.4.24 | ||||
|---|---|---|---|---|---|
| Unrestricted fund |
Restricted funds |
Total tunds |
Total funds |
||
| Notes | £ | £ | £ | £ | |
| FIXEDASSETS | |||||
| Tangible assets | 13 | 116,163 | 3,833 | 119,996 | 135,499 |
| CURRENTASSETS | |||||
| Stocks | 14 | - | - | - | 120 |
| Debtors Cash atbank |
15 | 57,605 757,831 |
- - |
57,605 757,831 |
334 556,619 |
| 815,436 | - | 815,436 | 557,073 | ||
| CREDITORS | |||||
| Amounts fallingdue withinone year | 16 | (5,904) | - | (5,904) | (5,319) |
| NETCURRENTASSETS | 809,532 | ba | 809,532 | 551,754 | |
| TOTALASSETS LESSCURRENT | LIABILITIES | 925,695 | 3,833 | 929.528 | 687,253 |
| NET ASSETS | 925,695 | 3,833 | 929,528 | 687,253 | |
| FUNDS | 17 | ||||
| Unresirictedfunds | 925,695 | 682,028 | |||
| Restrictedfunds | 3,833 | 5,225 | |||
| TOTALFUNDS | 929,528 | 687,253 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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 ithe Board of Trustees and authorised for issue on sreieseeneaeeteseetnnsseeeesieeerseeeees aNd Were Signed on its behalf by: Hunter- Campbell - Tolstec
The notes form part of these financial statements
Page 9
The Chestnut Appeal for Men's Health Ltd
Cash Flow Statement For The Year Ended 30 April 2025
| 30.4.25 | 30.4.24 | |||
|---|---|---|---|---|
| Notes | £ | £ | ||
| Cash flowsfrom operating activities | ||||
| Cash generated from operations | 1 | 185,551 | 1,062 | |
| Net cash provided byoperating activities | 185,551 | 1,062 | ||
| Cashflowsfrom investing activities | ||||
| Purchaseoftangiblefixedassets | (1,078) | (55,791) | ||
| Interest received | 16,741 | 3,871 | ||
| . | ||||
| Netcash provided by/(used in) investing activities | 15,663 | (51,920) | ||
| Change in cash and cash equivalents in | ||||
| the reporting period Cash andcash equivalents atthe |
201,214 | (50,858) | ||
| beginning ofthe reporting period | 556,619 | 607,475 | ||
| Cash and cash equivalents attheend of | ||||
| thereportingperiod | 757,831 | 556,619 |
The notes form part of these financial statements
Page 10
The Chestnut Appeal for Men's Health Lid
.
Notes to the Cash Flow Statement For The Year Ended 30 April 2025
1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|30.4.25|30.4.24|
|£|£|
|Net|income/(expenditure)|for the|reporting|period|(as per the|
|Statement|of Financial|Activities)|242,275|(14,529)|
|Adjustments|for:|
|Depreciation|charges|16,581|16,352|
|Interest|received|(16,741)|(3,871)|
|Decrease|in|stocks|120|10|
|(Increase)/decrease|in|debtors|(57,271)|1,998|
|Increase|in|creditors|587|1,102|
|Net cash|provided by operations|185,551|1,062|
----- End of picture text -----
- ANALYSIS OF CHANGES IN NET FUNDS
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|At|1.5.24|Cash|flow|At|30.4.25|
|£|£|£|
|Net cash|
|Cash|at bank|556,619|201,212|757,831|
|556,619|201,212|757,831|
|Total|556,619|201 21|2|757,831|
----- End of picture text -----
.
The notes form part of these financial statements
Page 11
;
- ACCOUNTING POLICIES
The Chestnut Appeal for Men's Health Ltd
Notes to the Financial Statements For The Year Ended 30 April 2025
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 Financia! 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 execuior'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 ai the point of sale and when the Charity is eniitled 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 notitication 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.
Freehold property - 10% on reducing balance Plant and machinery - 25% on cost Fixtures and fittings - 25% on cost Computer equipment - 25% on cost Motor Vehicles - 20% on reducing balance
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.
Page 12
continued...
The Chestnut Appeal for Men's Health Ltd
Notes to the Financial Statements - continued For The Year Ended 30 April 2025
1. ACCOUNTING POLICIES - continued
Fund accounting
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.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
2. DONATIONS AND LEGACIES
| 2. | DONATIONS AND LEGACIES | ||
|---|---|---|---|
| 30.4.25 | 30.4.24 | ||
| £ | £ | ||
| Donations | 96,636 | 103,378 | |
| Gift aid | 9,425 | 14,733 | |
| Legacies | 332,234 | - | |
| Grants Donated services and facilities |
- 8,900 |
44,500 8,900 |
|
| 447,195 | 171,511 | ||
| Granis received, included inthe above, are as follows: | |||
| 30.4.25 | 30.4.24 | ||
| £ | £ | ||
| Bernard Suniey Foundation | - | 5,000 | |
| The Duchy Health Charity | - | 2,500 | |
| The Postcode Community Trust | |||
| - | 35,000 | ||
| Cornwall Community Foundation | |||
| - | 2,000 | ||
| - | 44,500 | ||
| 3. | OTHERTRADING ACTIVITIES | ||
| 30.4.25 | 30.4.24 | ||
| £ | £ | ||
| Sale ofgoods | 3,920 | 213 | |
| 4. | INVESTMENT INCOME | ||
| 30.4.25 | 30.4.24 | ||
| £ | £ | ||
| Depositaccountinterest | 16,741 | 3,871 |
Page 13
continued...
The Chestnut Appeal for Men's Health Ltd
Notes to the Financial Statements - continued For The Year Ended 30 April 2025
.
| 5. | INCOME FROM CHARITABLE | ACTIVITIES | |||
|---|---|---|---|---|---|
| 30.4.25 | 30.4.24 | ||||
| Fundraising events | Activity Men's cancersupportandawareness |
£ 78,951 |
£ 69,514 |
||
| 6. | RAISING FUNDS | ||||
| Other trading activities | |||||
| 30.4.25 | 30.4,.24 | ||||
| £ | £ | ||||
| Purchases | 1,467 | 10 | |||
| 7. | CHARITABLE ACTIVITIES COSTS | ||||
| Direct | |||||
| Costs | |||||
| £ | |||||
| Men's cancersupport and awareness | 303,065 | ||||
| 8. | NETINCOME/(EXPENDITURE) | ||||
| Net income/(expenditure) is stated aftercharging/(crediting): | |||||
| 30.4.25 | 30.4.24 | ||||
| £ | £ | ||||
| Depreciation -owned assets | 16,581 | 16,352 | |||
| 9. | TRUSTEES’ REMUNERATIONAND BENEFITS | ||||
| There were no trustees’ remuneration or other benefits for the year ended 30 April 2025 nor for | the year | ended | |||
| 30 April 2024. | |||||
| Trustees’ expenses | |||||
| There were no trustees’ expenses paid for the year ended 30 April 2025. There were no expenses paid | for the | ||||
| yearended 30 April 2024. | |||||
| 10. | STAFFCOSTS |
There were no trustees’ expenses paid for the year ended 30 April 2025. There were no expenses paid for the year ended 30 April 2024.
| STAFF COSTS | ||
|---|---|---|
| 30.4.25 | 30.4.24 | |
| £ | £ | |
| Wages and salaries | 113,793 | 94,512 |
| Social security costs | 5,874 | 4,027 |
| Other pension costs | 262 | : |
| 119,929 | 98,539 | |
| The average monthly number ofemployeesduring the yearwas as follows: | ||
| Administration | 30.4.25 4 |
30.4.24 ——3 |
No empfoyees received emoluments in excess of £60,000.
Page 14
continued...
The Chestnut Appeal for Men's Health Ltd
;
Notes to the Financial Statements - continued For The Year Ended 30 April 2025
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|11.|COMPARATIVES|FOR THE STATEMENT OF|FINANCIAL|ACTIVITIES|
|Unresiricted|Restricted|Total|
|fund|funds|funds|
|£|£|£|
|INCOME AND|ENDOWMENTS|FROM|
|Donations|and|legacies|162,011|9,500|171,511|
|Charitable|activities|
|Men's|cancer support|and|awareness|69,514|-|69,514|
|Other|trading|activities|213|-|213|
|Investment|income|3,871|-|3,871|
|Tota!|235,609|9,500|245,109|
|EXPENDITURE|ON|
|Raising|funds|10|-|10|
|Charitable|activities|
|Men's|cancer support and awareness|255,353|4,275|259,628|
|Total|255,363|4,275|259,638|
|NET INCOME/(EXPENDITURE)|(19,754)|5,225|(14,529)|
|RECONCILIATION|OF|FUNDS|
|Total|funds|brought|forward|701,782|-|701,782|
|TOTAL FUNDS CARRIED FORWARD|682,028|§,225|687,253|
|12,|DONATED|GOODS,|FACILITIES AND SERVICES|
----- End of picture text -----
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 £8,000 per annum for the office (2024: £8,000) and £900 per annum for the unit (2024: £900).
- TANGIBLE FIXED ASSETS
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|Fixtures|
|Freehold|Plant|and|and|
|property|machinery|fittings|
|£|£|£|
|COST|
|At|1|May|2024|101,647|4,022|31,688|
|Additions|-|778|-|
|At|30|April|2025|101,647|4,800|31,688|
|DEPRECIATION|
|At|1|May 2024|17,017|1,413|3,621|
|Charge|for year|8,463|955|4,335|
|At 30|April|2025|25,480|2,368|7,956|
|NET|BOOK VALUE|
|At 30|April 2025|76,167|2,432|23,732|
|At 30|April|2024|84,630|2,609|28,067|
----- End of picture text -----
Page 15
continued...
;
The Chestnut Appeal for Men's Health Ltd
Notes to the Financial Statements - continued For The Year Ended 30 April 2025
----- Start of picture text -----
||||||||
|---|---|---|---|---|---|---|
|13.|TANGIBLE|FIXED|ASSETS|-|continued|
|Motor|Computer|
|vehicles|equipment|Totals|
|£|E|£|
|COST|
|At|1|May 2024|22,500|7,263|167,120|
|Additions|-|300|1,078|
|At|30|April|2025|22,500|7,563|168,198|
|DEPRECIATION|
|At|1|May|2024|2,625|6,945|31,621|
|Charge|for year|2,625|203|16,581|
|At 30|April|2025|5,250|7,148|48,202|
|NET|BOOK|VALUE|
|At 30|April 2025|17,250|415|119,996|
|At 30|April|2024|19,875|318|135,499|
|14,|STOCKS|
|30.4.25|30.4.24|
|£|£|
|Stocks|-|120|
|15.|DEBTORS:|AMOUNTS|FALLING|DUE WITHIN ONE YEAR|
|30.4.25|30.4.24|
|£|£|
|Other|debtors|57,605|334|
|16.|CREDITORS:|AMOUNTS|FALLING|DUE WITHIN ONE YEAR|
|30.4.25|30.4.24|
|£|£|
|Other|creditors|5,904|5,319|
|17.|MOVEMENT|IN|FUNDS|
|Net|
|movement|At|
|At|1.5.24|in|funds|30.4.25|
|£|£|£|
|Unrestricted|funds|
|General fund|682,028|243,667|925,695|
|Restricted|funds|
|Duchy|Health|Charity|808|(808)|-|
|Bernard|Sunley|4,417|(584)|3,833|
|5,225|(1,392)|3,833|
|TOTAL FUNDS|687,253|242,275|929,528|
----- End of picture text -----
Page 16
continued...
.
The Chestnut Appeal! for Men's Health Ltd
Notes to the Financial Statements - continued For The Year Ended 30 April 2025
17. MOVEMENT IN FUNDS- continued
Net movement in funds, included in the above are as follows:
----- Start of picture text -----
|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|546,807|(303,140)|243,667|
|Restricted|funds|
|Duchy|Health|Charity|-|(808)|(808)|
|Bernard|Sunley|“|(584)|(584)|
|“|(1,392)|(1,392)|
|TOTAL FUNDS|546,807|(304,532)|242,275|
|Comparatives|for movement|in|funds|
|Net|
|movement|At|
|At|1.5.23|in|funds|30.4.24|
|g|£|£|
|Unrestricted|funds|
|General|fund|701,782|(19,754)|682,028|
|Restricted|funds|
|Duchy|Health|Charity|-|808|808|
|Bernard|Sunley|-|4.417|4,417|
|-|§,225|5,225|
|TOTAL FUNDS|701,782|(14,529)|687,253|
|Comparative|net|movement|in|funds,|included|in|the|above|are|as|follows:|
|incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|235,609|(255,363)|(19,754)|
|Restricted|funds|
|Duchy|Heatth|Charity|2,500|(1,692)|808|
|Bernard|Sunley|5,000|(583)|4,417|
|Cornwall|Community|Foundation|2,000|(2,000)|-|
|9,500|(4,275)|5,225|
|TOTAL FUNDS|245,109|(259,638)|(14,529)|
----- End of picture text -----
Page 17
continued...
.
The Chesinut Appeal for Men's Health Ltd
Notes to the Financial Statements - continued For The Year Ended 30 April 2025
- MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined position is as follows:
----- Start of picture text -----
||||||
|---|---|---|---|---|
|Net|
|At|1.5.23|movementin|funds|30.4,25At|
|£|£|£|
|Unrestricted|funds|
|General|fund|701,782|223,913|925,695|
|Restricted|funds|
|Bernard|Sunley|-|3,833|3,833|
|TOTAL FUNDS|701,782|227,746|929,528|
----- End of picture text -----
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as foliows:
----- Start of picture text -----
|||||||
|---|---|---|---|---|---|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|782,416|(558,503)|223,913|
|Restricted|funds|
|Duchy|Health|Charity|2,500|(2,500)|-|
|Bernard|Sunley|5,000|(1,167)|3,833|
|Cornwall|Community|Foundation|2,000|(2,000)|-|
|9,500|(5,667)|3,833|
|TOTAL|FUNDS|791 916|(564,170)|227,746|
----- End of picture text -----
Duchy Health Charity
Grant towards Isles of Scilly engagement project, a project to improve health and wellbeing of the people of Cornwall and the Isles of Scilly.
Bernard Sunley
Grant towards purchase of van to use for events.
- RELATED PARTY DISCLOSURES
No related party transactions took place in the financial period, (2024: NIL).
Page 18
.g
.
The Chestnut Appeal for Men's Health Ltd Detailed Statement of Financial Activities For The Year Ended 30 April 2025
| 30.4.25 | 30,4.24 | |
|---|---|---|
| £ | £ | |
| INCOME ANDENDOWMENTS | ||
| Donationsandlegacies | ||
| Donations | 96,636 | 103,378 |
| Gift aid Legacies Grants |
9,425 332,234 - |
14,733 - 44,500 |
| Donated services and facilities | 8,900 | 8,900 |
| 447,195 | 171,511 | |
| Other trading activities | ||
| Sale ofgoods | 3,920 | 213 |
| Investment income | ||
| Depositaccount interest | 16,741 | 3,871 |
| Charitable activities | ||
| Fundraising events | 78,951 | 69,514 |
| Total incoming resources | 546,807 | 245,109 |
| EXPENDITURE | ||
| Other trading activities | ||
| Purchases | 1,467 | 10 |
| Charitable activities | ||
| Wages | 113,793 | 94,512 |
| Social security | 5,874 | 4,027 |
| Pensions | 262 | - |
| Rent | 9,861 | 9,818 |
| Insurance | 783 | 783 |
| Post, printing & stationery | 1,029 | 1,370 |
| Promotions & advertising | 10,139 | 8,459 |
| Event expenses Technology costs Sundries |
55.577 10,847 1,006 |
56,189 10,550 842 |
| Payroll expenses | 380 | 438 |
| Management fees | 3,411 | 3,254 |
| Bank charges | 530 | 325 |
| Travelling | 5,379 | 6,142 |
| Motorexpenses | 586 | 475 |
| Training Subscriptions |
2,051 4,032 |
2,573 1,633 |
| Telephone | 948 | §31 |
| Unitcosts | - | 1,837 |
| Patientsupport | 16,191 | 9,089 |
| Accountancyfees | 2,360 | 2,241 |
| Independent examiner fees | 1,850 | 1,750 |
| Holiday home expenses | 8,793 | 8,483 |
| Nurse funding | 30,803 | 17,955 |
| Freehold property depn | 8,463 | 9,403 |
| Plant & machinerydepn | 955 | 541 |
| Carriedforward | 295,903 | 253,220 |
This page does not form part of the statutory financial statements
Page 19
“
The Chestnut Appeal for Men's Health Lid
Detailed Statement of Financial Activities For The Year Ended 30 April 2025
| 30.4.25 | 30.4.24 | |
|---|---|---|
| £ | £ | |
| Charitable activities | ||
| Broughtforward | 295,903 | 253,220 |
| Fixtures & fittings depn | 4,334 | 3,578 |
| MotorVehiclesdepn | 2,625 | 2,625 |
| Computerequipment depn | 203 | 205 |
| 303,065 | 259,628 | |
| Total resourcesexpended | 304,532 | 259,638 |
| Netincome/(expenditure) | 242,275 | (14,529) |
This page does not form part of the statutory financial statements
Page 20