OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

← Cancer Aid Merthyr Tydfil Ltd

2025-09-30-accounts

REGISTERED COMPANY NUMBER: 04899059 (England and Wales) REGISTERED CHARITY NUMBER: 1101769

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

CANCER AID MERTHYR TYDFIL LTD.

Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL

CANCER AID MERTHYR TYDFIL LTD.

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page
Report of the Trustees 1 to 10
Independent Examiner's Report 11
Statement of Financial Activities 12
Balance Sheet 13 to 14
Notes to the Financial Statements 15 to 28
Detailed Statement of Financial Activities 29 to 30

CANCER AID MERTHYR TYDFIL LTD.

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2025. The trustees have adopted the provisions of 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).

The annual report includes the directors' report as required by company law.

The company limited by guarantee (company number 4899059) and was granted charitable status on 27th January 2004 (charity number 1101769).

On 3 October 2006, the charity changed its name to Cancer Aid Merthyr Tydfil Ltd.

This report provides a summary of the work taken forward over the past year, and includes the development of the Cancer Aid service, along with the work of the Board of Trustees.

Page 1

CANCER AID MERTHYR TYDFIL LTD.

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025

OBJECTIVES AND ACTIVITIES

Who Are We?

We are grassroots, independent cancer support charity based in the borough of Merthyr Tydfil providing practical and emotional support to anyone affected by cancer.

The charity exists to provide support to the patient with cancer, and their carers and wider family members, as well as supporting people through death and bereavement. We provide practical and emotional support to people, free at the point of use.

How do patients access the service?

We continue to work with clinical teams, clinical nurse specialists and support staff in hospitals throughout Wales. We accept referrals from GP surgeries, GP support officers, district nurses, social services and many third sector organisations.

We aim to make access as simple as possible for our patients which is why patients can self-refer to the charity by walking into the centre, telephoning our support line or sending an email. The service aims to be as accessible as possible to ensure we are reaching as many people as we can.

Core services

Our objectives are to provide practical and emotional support to cancer patients, their families and friends living in the Borough of Merthyr Tydfil. The services we provide are as follows.

Transport : a door-to-door service ensuring patients have access to a safe, reliable confidential transport service to attend any outpatient clinic or treatment at hospitals throughout South Wales.

Counselling: one to one counselling, bereavement counselling & telephone counselling.

Complementary therapy : we offer a range of complementary therapies that can help relieve the stress and anxiety that patients and carers can experience at this very difficult time in their lives.

Foot health care : we provide nail cutting and foot health care for cancer patients to help them look after their feet while undergoing different treatments associated with their illness.

Drop-in-centre : Our drop-in centre is the first point of contact for our patients who access our services. No appointments are required and people can drop in daily for advice and support, or just to sit and chat with a volunteer.

Group support: We provide courses on various group work and these courses are a six week course. When the course has finished a new group of patients will begin a new course. Our groups include social meetings, peer support, coffee mornings and gentle exercise.

Peer led support - we provide regular coffee mornings and social events in the centre for patients and carers to meet others in a safe, relaxed and informal way.

Telephone support - can range from a friendly voice at the end of the phone when patients call in, to scheduled weekly check ins on patients. Last year we averaged around 250 calls per week.

Carers support - we will be there for anyone affected by a cancer diagnosis and that means being there for carers, and providing groups, services and activities that meet their varying needs as well as caring for the patient.

Income Generation - We run our own charity shop which generates a substantial amount of income for our core services each year. This year we have included online selling through the vinted app which raised over £1200.00 over a 12 month period.

Page 2

CANCER AID MERTHYR TYDFIL LTD.

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025

Signposting - We cannot meet everyone's every need which is why we will refer to local organisations who can deliver professional services to include welfare benefits advice or other statutory services. We never turn anyone away and if we can not provide support we will find an organisation that can help.

What our service users think about our service.

As an organisation committed to serving the local community and ensuring we continue to adapt, change and meet the ever changing needs of our patients, carers and families the patient voice is at the heart of this charity.

We regularly ask patients for their feedback, their opinions and what they would like to see through surveys and focus groups. Conversations continue to provide rich data on what patients and carers really want and need, and what they value from our service. We collect surveys every quarter and always have a feedback and suggestions box available in the centre year round.

Feedback

I came for RLD, I wasn't sure what to expect but the session was so relaxing and there is an improvement in my mobility now after treatments. Anon.

Cancer aid is a godsend for attending appointments. Anon

Services that i have received from Cancer Aid have been amazing, staff are always kind and compassionate. Volunteers are so friendly. Brilliant charity. Mr J

How our activities deliver public benefit

All our charitable activities focus on relieving the needs of those who have been affected by cancer.

All our services are free of charge and are available to cancer clients, relatives, carers and those bereaved.

We continue to work with clinical teams and specialist nurses at various hospitals, district nurses, GP support workers, and many other third sector organisations in referring and signposting our patients as and when necessary to relevant other parties.

Page 3

CANCER AID MERTHYR TYDFIL LTD.

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025

OBJECTIVES AND ACTIVITIES

Volunteering contribution

Volunteers are vital in ensuring the charity is able to deliver its aims and objectives covering a variety of roles including retail, receptionists, fundraisers, and volunteer drivers. We express our sincere thanks to each and every volunteer who has volunteered their time with us this year by giving up their own time to support the charity in delivering its core services.

Volunteers remain at the heart of our organisation and play a key role in the service delivery of the charity. Whilst recruiting new volunteers has been a challenge in recent years, our volunteer base are dedicated and committed to supporting us in our mission. We have volunteers celebrating 5, 10, 15, 20 and even 25 years service this year. The volunteers are essential in delivering our mission and we are so grateful for the support our volunteers provide each and every week. We have a wonderful, dedicated team of volunteers whose commitment to the charity remains outstanding.

Our volunteer drivers covered many miles and visited every hospital throughout South Wales including Velindre Hospital, Royal Glamorgan Hospital, University Hospital of Wales, Llandough Hospital, Singleton and Morriston Hospitals, Dewi Sant, Ysbyty Cwm Cynon, Ysbyty Cwm Rhondda and Neville Hall.

Our retail volunteers work tirelessly sorting through donations, pricing stock, serving customers and raising funds for the charity. Each month the charity receives more than 300kg in textile donations which is sorted by volunteers and sold in our retail store to the public. We also recycle around 150kg of donated textiles that are not fit for sale. The shop provides high-quality, low-cost clothing, books, homeware to the public, saving thousands of perfectly good items ending up in landfill as well as providing an income stream for the charity.

Volunteer hours and costs

The volunteer hours donated over the last financial year can be broken down as:

Retail 4680 Reception 1560 Fundraising 300 Drivers - 6184 Event / other 520

Total volunteer hours for year ending 30th September 2025 - 13244

No of hours donated to the charity by volunteers this year - based on National Minimum wage (£12.50 per hour) is valued at £165,550.

The volunteers are essential in delivering our mission and we are so grateful for the support our volunteers provide each and every week. We have a wonderful, dedicated team of volunteers whose commitment to the charity remains outstanding.

Page 4

CANCER AID MERTHYR TYDFIL LTD.

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025

ACHIEVEMENTS AND PERFORMANCE Charitable activities

Achievements and performance during this financial year

The charity continues to be the main service provider for cancer support services within the Merthyr Tydfil borough, working alongside NHS service providers to support patients practically and holistically. We always have a member of staff available to support patients who attend the drop in centre, or telephone for information, support or advice. Patients requiring counselling or complementary therapy services are offered a first appointment within 10 working days ensuring that patients needs are met in a timely manner. 100% of patients were offered an appointment within 10 working days.

The quantitative measures for the charity during the year were as follows:

During the period we delivered over 4544 sessions of support to people requiring information, support, advice or services which is detailed below:

Number of miles covered by volunteer drivers: 32500 Number of counselling sessions delivered: 186 No of transport journeys completed - 1294 No of hours of group support delivered to service users: 1978 No of hours of complementary therapy sessions delivered: 784 No of telephone calls to the support line: 10591 No of hair salon appointments provided since March 2025: 182 During this period we have also provided 120 sessions of nail cutting and foot health care for cancer patients.

We received funding during this financial period from the regional integrated fund of £20,000 which funded the drop in centre, complementary therapy sessions, carers days and our connections café a support group for carers to access. It also enabled us to fund the wages of the services support officer for 0.5 days to enable us to continue to offer groups and social activities. As well as delivering on building community connections, supporting social isolation and improving wellbeing, this funding enabled us to provide hot drinks, refreshments and hygiene and support packs to those in need. This project enabled us to develop a group support service that has provided facilitated or peer led support which has grown from 6 attendees to 30 attendees each week.

During this period we also received £10,000 in relation to providing short breaks for carers. The project has been a great success, in helping us reach those who did not initially identify as carers, and offered a range of opportunities to make connections, attend social groups or events, attend theatre shows, access therapy and much more.

We have also been able to offer overnight stays, and short breaks for families, particularly those seeking memory making opportunities with their loved ones.

In March 2025 we launched a new service which was hairdressing specifically for cancer patients, supporting them with hair loss, hair cuts and hair care advice and support with funding secured for the refurbishment of a room into a hair salon. Thanks to CRT breaking barriers fund for funding the refurbishment and first year running costs of the salon. The salon has provided over 300 sessions of haircare support to cancer patients facing hair loss, and requiring post surgery support.

In the year 106 newly diagnosed patients registered and accessed services, 86 carers and 25 families requiring bereavement support registered during this financial year. Over 275 patients / carers were able to access support during this period.

Advertising and social media.

Our social media platform is most active on Facebook with 2293 followers and our posts being viewed over 500,000 times. Our engagement has increased by 25% over the past year with consistent posting. 90.7% of individuals engaging with our content are over the age of 35 with less than 9% of our followers aged between 18-34. Our aim will be to increase engagement with that age group to ensure they are aware of what support is available to them. We continue to be visible in the local community by attending community events, and being present in GP or hospital settings to promote the services we provide locally.

Page 5

CANCER AID MERTHYR TYDFIL LTD.

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025

FINANCIAL REVIEW

Financial position

We continue to hold two years running costs to ensure the long term continuation of services.

During the period, the charity incurred a deficit of £22,740 (2024: Deficit £26,284), before unrealised gains.

However, we have managed to again maintain our unrestricted reserves at the period end to a total of £568,201 (2024: £564,508). Of the total reserves, £83,963 (2024: £85,650) represents amounts invested in tangible fixed assets. A further £74,000 (2024: £67,500) of free reserves was allocated to unrestricted designated reserves, as detailed in Note 16.

Principal funding sources

Aside from the income generated by the charity shop and other fundraising activities and donations, during the year to September 2025, the main funding sources were the Cwm Taf Morgannwg University Health Board, The National Lottery, Interlink RCT, Macmillan Cancer Support and Coalfields Regeneration Trust.

The charity continues to be extraordinarily well supported by the public, with fundraising events taking place during most weeks on our behalf. The trustees would like to express their thanks to the public for these fundraising activities, which are crucial to our continued operation.

Page 6

CANCER AID MERTHYR TYDFIL LTD.

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025

FINANCIAL REVIEW

Reserves policy

We have a reserves policy in place which is reviewed annually. In September 2025, the board agreed the following allocation of reserves:

The equivalent of two years running costs are maintained in free reserves.

The following sums of unrestricted funds and designated as below:

The sum of £50,000 is designated to cover redundancy payments should the charity need to make redundancies in the future.

The sum of £20,000 is designated for property repairs or renovations for the Centre of Excellence building.

The sum of £4,000 is designated to cover the cost of emergency contingency works that may be required by the charity.

During the year to September 2025, total resources expended, excluding depreciation, were £210,599 and therefore the targeted free reserves are considered to be approximately £421,198. Free reserves as at 30th September 2025 stood at £410,238 therefore slightly short of this target.

The trustees are conscious that at present the actual free reserves are short of the target free reserves, and as there is still much uncertainty in the current economic climate, the trustees are aware that in order to continue its current activities in future years, the charity will need to be more reliant upon internally generated unrestricted funds.

The trustees are currently investigating how our services to the community may be enhanced and diversified. Our reserves will enable us to be able to act upon opportunities when they arise.

Investment Policy

Under the memorandum and articles of association, the trustees have the power to make any investment that they see fit. Historically, a very cautious attitude to risk has always been undertaken, with any available funds being invested in bank deposits.

During the year ended 30th September 2025, we continued to hold approximately 26% (2024: 20%) of our liquid reserves in bank deposits, with monies also being invested in fixed rate term accounts to obtain a better return than those available in instant access deposit accounts.

Funds with a market value of £315,555 (2024: £312,750) at the year-end have been invested in low risk investment funds, under the advice of an Independent Financial Adviser. To date, these funds have performed reasonably well.

During the year to 30th September 2025, our investments have generated £16,037 (2024: £15,572) of income.

The Trustees are currently investigating further investment alternatives in order to generate a further improvement in return.

Page 7

CANCER AID MERTHYR TYDFIL LTD.

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025

FUTURE PLANS

The charity is keen to continue to deliver the high quality care for cancer patients and their families, and to continue to explore new ways to support our patients and explore ways to fund the services. Our core services of counselling, complementary therapy and hospital transport are well established and we have been meeting the needs of patients and families for over 20 years in delivering these services.

Our core services continue to provide an invaluable support to cancer patients and their families and regular surveys and feedback from our patients evidence and document the need for us to continue offering these services.

We will continue to seek new ways to support patients needs by offering services that are needed within our community. Our focus will remain on delivering our core one to one services but extending our reach with group support ensuring patients are able to connect with others and share experiences together to reduce loneliness and isolation and create solid connections.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Organisational structure

The members of the board, who are directors for the purpose of company law and trustees for the purpose of charity law, who served during the year and up to the date of this report are set out on page 9.

Members of the charitable company guarantee to contribute an amount not exceeding £10 to the assets of the company in the event of winding up. The total number of guarantees at 30 September 2025 was 8 (2024: 7).

The charity is governed by its Memorandum and Articles of Association incorporated on 15th September 2003 as amended by Special Resolution dated 22nd January 2004 and Special Resolution dated 3rd October 2006.

The board meets on a Bi-monthly basis and are responsible for the strategic direction and policy of the charity. Day to day running of the centre is the responsibility of the Centre Manager, Mrs Tracey Burke.

Due to the nature of cancer, the charity focuses upon people of all ages. The board seeks to ensure that the needs of the charity and that of its clients are appropriately reflected through the diversity of the trustee body. Traditional business skills are represented among the trustees, as well as individuals with knowledge of cancer sufferers and their needs.

In an attempt to ensure that the needs of the charity and cancer sufferers are met, individuals who possess the required skills and knowledge are from time to time invited to join the board of trustees.

New trustees are encouraged to attend a series of short training sessions to familiarise themselves with the charity and context within which it operates. These training sessions cover:

Page 8

CANCER AID MERTHYR TYDFIL LTD.

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025

STRUCTURE, GOVERNANCE AND MANAGEMENT

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

We maintain a risk register, and this was reviewed by the board in September 2024.

Financial management.

Our future financial health continues to be one of our key risks. This is due to the wider economic climate which has seen in increase in our running costs along with a decrease in donations. The scarcity of available grant funding is a further factor. As an organisation, we are fortunate to have available reserves to draw on to support our running costs. The board receive a financial update every 2 months and reviews any key areas of expenditure.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

04899059 (England and Wales)

Registered Charity number

1101769

Registered office

Upper Union Street Dowlais Merthyr Tydfil CF48 3LE

Trustees

A Pritchard Chair G Rees C Thomas Treasurer K Quinlan A Gunter Vice Chair J Ellis (resigned 12.11.24) Mrs S L Haxton Secretary P Griffiths J Jenkins (appointed 10.4.25)

CENTRE MANAGER (Day-to-day management)

Mrs T Burke

PRESIDENT

Sir Stanley Thomas OBE

PATRON

Mrs J Cheyne

Page 9

CANCER AID MERTHYR TYDFIL LTD.

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025

REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Richard I Knoyle ACA FCCA Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL

Bankers

Lloyds Bank High Street Merthyr Tydfil CF47 8DL

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 2 March 2026 and signed on its behalf by:

A Pritchard - Trustee

Page 10

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CANCER AID MERTHYR TYDFIL LTD.

Independent examiner's report to the trustees of Cancer Aid Merthyr Tydfil Ltd. ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2025.

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:

  1. 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

  2. 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

  3. 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.

Richard I Knoyle ACA FCCA

Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL

2 March 2026

Page 11

CANCER AID MERTHYR TYDFIL LTD.

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 SEPTEMBER 2025

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
64,319
Charitable activities
5
Services to cancer sufferers
-
Other trading activities
3
46,184
Investment income
4
16,037
Total
126,540
EXPENDITURE ON
Charitable activities
Community transport services
8,633
Counselling and therapies
125,463
Total
134,096
Net gains on investments
11,249
NET INCOME/(EXPENDITURE)
3,693
RECONCILIATION OF FUNDS
Total funds brought forward
564,508
TOTAL FUNDS CARRIED FORWARD
568,201		 Restricted
funds
£
-
71,117
-
-
71,117
15,000
71,301
86,301
-
(15,184)
194,996
179,812		 2025
Total
funds
£
64,319
71,117
46,184
16,037
197,657
23,633
196,764
220,397
11,249
(11,491)
759,504
748,013		 2024
Total
funds
£
36,376
70,027
50,972
15,572
172,947
19,081
180,150
199,231
19,803
(6,481)
765,985
759,504

The notes form part of these financial statements

Page 12

CANCER AID MERTHYR TYDFIL LTD.

BALANCE SHEET

30 SEPTEMBER 2025

Notes
FIXED ASSETS
Tangible assets
11
Investments
12
CURRENT ASSETS
Debtors
13
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
14
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
16
Unrestricted funds
Restricted funds
TOTAL FUNDS		 2025
£
259,572
315,555
575,127
10,977
167,105
178,082
(5,196)
172,886
748,013
748,013
568,201
179,812
748,013		 2024
£
269,370
312,750
582,120
2,141
188,484
190,625
(13,241)
177,384
759,504
759,504
564,508
194,996
759,504

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 13

CANCER AID MERTHYR TYDFIL LTD.

BALANCE SHEET - continued 30 SEPTEMBER 2025

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 2 March 2026 and were signed on its behalf by:

A Pritchard - Trustee

The notes form part of these financial statements

Page 14

CANCER AID MERTHYR TYDFIL LTD.

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

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, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.

Financial Reporting Standard 102 - Reduced Disclosure Exemptions

The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Legal status of the charity

The Charity is a private company limited by guarantee and has no share capital, incorporated in England & Wales.

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.

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

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.

continued...

Page 15

CANCER AID MERTHYR TYDFIL LTD.

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

1. ACCOUNTING POLICIES - continued

Expenditure

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes VAT which cannot be recovered, and is reported as part of the expenditure to which it relates:

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold - 2% on cost Plant and machinery - 25% on cost

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.

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.

Pensions

The company makes contributions into the personal pension schemes of its employees. Contributions are charged to the profit and loss account as they become payable .

Investments

Investments are shown at market value, any unrealised gain or loss being transferred to

continued...

Page 16

CANCER AID MERTHYR TYDFIL LTD.

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

1. ACCOUNTING POLICIES - continued

reserves.

Income from investments is recognised on a receivable basis.

Going concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The directors/trustees have reviewed future cash flows and are confident that the accounts should be prepared on a going concern basis.

Debtors and Creditors

Are recognised at their settlement amount.

2. DONATIONS AND LEGACIES

Donations
Legacies
3.
OTHER TRADING ACTIVITIES
Fundraising events
Shop income
4.
INVESTMENT INCOME
Investment income
Deposit account interest		 2025
£
58,319
6,000
64,319
2025
£
16,393
29,791
46,184
2025
£
9,795
6,242
16,037		 2024
£
36,376
-
36,376
2024
£
23,025
27,947
50,972
2024
£
8,517
7,055
15,572

continued...

Page 17

CANCER AID MERTHYR TYDFIL LTD.

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

5. INCOME FROM CHARITABLE ACTIVITIES

Activity
Grants
Services to cancer sufferers
Grants received, included in the above, are as follows:
MTCBC Community Transport Grant
Cwm Taf Morganwwg UHB
The National Lottery
Interlink RCT
Macmillan Cancer Support
MTCBC
Coalfields
6.
SUPPORT COSTS
Human
resources
£
Community transport services
6,190
Counselling and therapies
6,191
12,381
Governance costs:
Independent examiner remuneration
Legal & professional fees
Payroll & Pension administration costs
Investment costs		 Activity
Grants
Services to cancer sufferers
Grants received, included in the above, are as follows:
MTCBC Community Transport Grant
Cwm Taf Morganwwg UHB
The National Lottery
Interlink RCT
Macmillan Cancer Support
MTCBC
Coalfields
6.
SUPPORT COSTS
Human
resources
£
Community transport services
6,190
Counselling and therapies
6,191
12,381
Governance costs:
Independent examiner remuneration
Legal & professional fees
Payroll & Pension administration costs
Investment costs		 Other
£
2,443
7,327
9,770		 2025
£
71,117
2025
£
15,000
31,551
-
9,758
-
-
14,808
71,117
Governance
costs
£
-
6,503
6,503
2025
£
2,100
1,267
810
2,326
6,503		 2024
£
70,027
2024
£
5,000
20,858
20,000
10,000
9,189
4,980
-
70,027
Totals
£
8,633
20,021
28,654

Amounts payable to Independent Examiners in relation to payroll and pension administration was £810 (2024 £768). Amounts payable to Independent Examiners in relation to software fees was £282 (2024: £216).

continued...

Page 18

CANCER AID MERTHYR TYDFIL LTD.

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

7. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025 2024
£ £
Depreciation - owned assets 9,798 8,673
Independent Examiners Remuneration 2,100 2,100

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 September 2025 nor for the year ended 30 September 2024.

Trustees' expenses

No trustees received expense payments in the year ended 2025. In 2024 two trustees received £147 and these payments were reimbursement of travelling and sundry expenses.

9. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs		 2025
£
125,682
5,368
11,149
142,199		 2024
£
121,771
5,551
6,770
134,092

The key management personnel of the charity is the Centre Manager. The total employee benefits of the key personnel of the charity were £44,726 (2024: £47,401).

The average monthly number of employees during the year was as follows:

Charity manager
Development officer
Administration
Therapist		 2025
1
1
2
1
5		 2024
1
1
1
1
4

No employees received emoluments in excess of £60,000.

continued...

Page 19

CANCER AID MERTHYR TYDFIL LTD.

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

10.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
36,376
Charitable activities
Services to cancer sufferers
-
Other trading activities
50,972
Investment income
15,572
Total
102,920
EXPENDITURE ON
Charitable activities
Community transport services
14,081
Counselling and therapies
118,289
Total
132,370
Net gains on investments
19,803
NET INCOME/(EXPENDITURE)
(9,647)
RECONCILIATION OF FUNDS
Total funds brought forward
574,155
TOTAL FUNDS CARRIED FORWARD
564,508		 Restricted
funds
£
-
70,027
-
-
70,027
5,000
61,861
66,861
-
3,166
191,830
194,996		 Total
funds
£
36,376
70,027
50,972
15,572
172,947
19,081
180,150
199,231
19,803
(6,481)
765,985
759,504

continued...

Page 20

CANCER AID MERTHYR TYDFIL LTD.

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

11.
TANGIBLE FIXED ASSETS
COST
At 1 October 2024 and 30 September 2025
DEPRECIATION
At 1 October 2024
Charge for year
At 30 September 2025
NET BOOK VALUE
At 30 September 2025
At 30 September 2024
12.
FIXED ASSET INVESTMENTS
MARKET VALUE
At 1 October 2024
Disposals
Revaluations
At 30 September 2025
NET BOOK VALUE
At 30 September 2025
At 30 September 2024
There were no investment assets outside the UK.
Cost or valuation at 30 September 2025 is represented by:		 Long
leasehold
£
405,570
137,887
8,111
145,998
259,572
267,683		 Plant and
machinery
Totals
£
£
26,812
432,382
25,125
163,012
1,687
9,798
26,812
172,810
-
259,572
1,687
269,370
Listed
investments
£
312,750
(8,444)
11,249
315,555
315,555
312,750
Valuation in 2025 Listed
investments
£
11,249
Cost 304,306
315,555

continued...

Page 21

CANCER AID MERTHYR TYDFIL LTD.

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

==> picture [494 x 327] intentionally omitted <==

----- Start of picture text -----
2025 2024
£ £
Other debtors 10,537 1,701
Prepayments 440 440
10,977 2,141
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Social security and other taxes 1,547 1,170
Deferred income - 9,000
Accrued expenses 3,649 3,071
5,196 13,241
Deferred Income
2025 2024
£ £
-
Opening balance 9,000
Movement in the period (9,000) 9,000
Deferred income carried forward - 9,000
----- End of picture text -----

Deferred income represents income received from contributing agencies where the contribution was restricted to a fixed time period project which extends beyond the current financial year. Income is deferred on the basis that the contribution was to the project as a whole, the time period of the project was fully disclosed to the contributing agencies and that time period is certain.

The deferred income carried forward is analysed as follows:

The deferred income carried forward is analysed as follows:
2025 2024
Interlink RCT - Amser Grant £
-
-		 £
9,000
9,000

continued...

Page 22

CANCER AID MERTHYR TYDFIL LTD.

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

15. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Fixed Assets
Net Current Assets		 Unrestricted
£
-
410,237
410,237		 Designated
£
83,963
74,000
157,963		 Restricted
£
175,608
4,205
179,813		 2025
Total
£
259,571
488,442
748,013		 2024
Total
£
269,369
490,135
759,504

16. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Designated Fixed Assets
Redundancy Fund
Property Repairs Fund
Emergency Contingency Fund
Restricted funds
Building Project
The National Lottery
Macmillan Cancer Support Fund
Coalfields Regeneration Trust
TOTAL FUNDS		 At
1/10/24
£
411,358
85,650
43,500
20,000
4,000
564,508
183,719
7,778
3,499
-
194,996
759,504		 Net
movement
in funds
£
5,380
(1,687)
-
-
-
3,693
(8,111)
(7,778)
(3,499)
4,204
(15,184)
(11,491)		 Transfers
between
funds
£
(6,500)
-
6,500
-
-
-
-
-
-
-
-
-		 At
30/9/25
£
410,238
83,963
50,000
20,000
4,000
568,201
175,608
-
-
4,204
179,812
748,013

continued...

Page 23

CANCER AID MERTHYR TYDFIL LTD.

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

16. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Designated Fixed Assets
Restricted funds
MTCBC Community Transport
Cwm Taf Morganwwg UHB
Building Project
The National Lottery
InterlinkRCT Amser Grant
Macmillan Cancer Support Fund
Cwm Taf UHB Unpaid Carers Grant
Coalfields Regeneration Trust
TOTAL FUNDS		 Incoming
resources
£
126,540
-
126,540
15,000
21,531
-
-
9,758
-
10,020
14,808
71,117
197,657		 Resources
expended
£
(132,409)
(1,687)
(134,096)
(15,000)
(21,531)
(8,111)
(7,778)
(9,758)
(3,499)
(10,020)
(10,604)
(86,301)
(220,397)		 Gains and
Movement
losses
in funds
£
£
11,249
5,380
-
(1,687)
11,249
3,693
-
-
-
-
-
(8,111)
-
(7,778)
-
-
-
(3,499)
-
-
-
4,204
-
(15,184)
11,249
(11,491)

Comparatives for movement in funds

Unrestricted funds
General fund
Designated Fixed Assets
Redundancy Fund
Property Repairs Fund
Emergency Contingency Fund
Restricted funds
Building Project
The National Lottery
Macmillan Cancer Support Fund
TOTAL FUNDS		 At
1/10/23
£
420,443
86,212
43,500
20,000
4,000
574,155
191,830
-
-
191,830
765,985		 Net
movement
in funds
£
(9,085)
(562)
-
-
-
(9,647)
(8,111)
7,778
3,499
3,166
(6,481)		 At
30/9/24
£
411,358
85,650
43,500
20,000
4,000
564,508
183,719
7,778
3,499
194,996
759,504

continued...

Page 24

CANCER AID MERTHYR TYDFIL LTD.

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

16. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Designated Fixed Assets
Restricted funds
MTCBC Community Transport
Cwm Taf Morganwwg UHB
Building Project
The National Lottery
InterlinkRCT Amser Grant
Macmillan Cancer Support Fund
MTCBC (Lighting) Fund
TOTAL FUNDS		 Incoming
resources
£
102,920
-
102,920
5,000
20,858
-
20,000
10,000
9,189
4,980
70,027
172,947		 Resources
expended
£
(131,808)
(562)
(132,370)
(5,000)
(20,858)
(8,111)
(12,222)
(10,000)
(5,690)
(4,980)
(66,861)
(199,231)		 Gains and
Movement
losses
in funds
£
£
19,803
(9,085)
-
(562)
19,803
(9,647)
-
-
-
-
-
(8,111)
-
7,778
-
-
-
3,499
-
-
-
3,166
19,803
(6,481)

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Designated Fixed Assets
Redundancy Fund
Property Repairs Fund
Emergency Contingency Fund
Restricted funds
Building Project
Coalfields Regeneration Trust
TOTAL FUNDS		 At
1/10/23
£
420,443
86,212
43,500
20,000
4,000
574,155
191,830
-
191,830
765,985		 Net
movement
in funds
£
(3,705)
(2,249)
-
-
-
(5,954)
(16,222)
4,204
(12,018)
(17,972)		 Transfers
between
funds
£
(6,500)
-
6,500
-
-
-
-
-
-
-		 At
30/9/25
£
410,238
83,963
50,000
20,000
4,000
568,201
175,608
4,204
179,812
748,013

continued...

Page 25

CANCER AID MERTHYR TYDFIL LTD.

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

16. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Designated Fixed Assets
Restricted funds
MTCBC Community Transport
Cwm Taf Morganwwg UHB
Building Project
The National Lottery
InterlinkRCT Amser Grant
Macmillan Cancer Support Fund
MTCBC (Lighting) Fund
Cwm Taf UHB Unpaid Carers Grant
Coalfields Regeneration Trust
TOTAL FUNDS		 Incoming
resources
£
229,460
-
229,460
20,000
42,389
-
20,000
19,758
9,189
4,980
10,020
14,808
141,144
370,604		 Resources
expended
£
(264,217)
(2,249)
(266,466)
(20,000)
(42,389)
(16,222)
(20,000)
(19,758)
(9,189)
(4,980)
(10,020)
(10,604)
(153,162)
(419,628)		 Gains and
Movement
losses
in funds
£
£
31,052
(3,705)
-
(2,249)
31,052
(5,954)
-
-
-
-
-
(16,222)
-
-
-
-
-
-
-
-
-
-
-
4,204
-
(12,018)
31,052
(17,972)

The General reserve represents the free funds of the charity which are not designated for particular purposes.

Included in the General Reserve fund balance are unrealised gains and losses on investments.

Designated Fixed Assets fund

Where balances on funds are designated as fixed assets this is the amount within the fund set aside for the future depreciation of those assets.

The Redundancy fund

Represents amounts put aside to cover any unforeseen future redundancy costs.

The Property Repairs s fund

Represents amounts put aside to maintain the Centre of Excellence building.

The Emergency Contingency fund

Represents amounts put aside to cover any unforeseen emergency costs.

The Cwm Taf Local Health Board (Restricted)

This grant is to aid with the provision of the following services:

continued...

Page 26

CANCER AID MERTHYR TYDFIL LTD.

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

16. MOVEMENT IN FUNDS - continued

The National Lottery

Funding for the cancer and carers HUB. To support wages and overheads.

Interlink RCT (Amser Unpaid Carers Grant)

This fund is to support carers who are caring for a loved one with cancer. The fund will help with costs of providing the carers with social events and activites as a respite from their daily caring.

Macmillan Cancer Support Fund

To fund a dedicated cancer information room within the centre, to enable patients and service users to access one to one support from a member of staff and obtain information through booklets, leaflets and on-line sites, all within a safe, confidential and warm space.

Coalfields Regeneration Trust

This grant is for the refurbishment of a room in the building together with helping with the establishment of a "Top to Toe" wellbeing service.

17. RELATED PARTY DISCLOSURES

Julie Jenkins is a MTCBC Councillor (Town Ward).

During the year to 30th September 2025 a grant of £15,000 was received from MTCBC for community transport.

18. ULTIMATE CONTROLLING PARTY

The Charity is controlled by its directors/trustees.

19. VOLUNTEER TIME

The charity relies on volunteers to operate the patient transport service and to run the charity shop.

The trustees estimate the volunteer hours during 2025 as follows:

Patient transport
Charity shop
Drop in centre (reception)
Fundraising/ad hoc volunteering		 6,184
4,680
1,560
820
13,244

continued...

Page 27

CANCER AID MERTHYR TYDFIL LTD.

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 SEPTEMBER 2025

20. PENSIONS

The company makes pension contributions into the personal pension schemes of its employees.

The contributions in the period amounted to £11,149 (2024 £6,770). There was a pension debtor of £Nil at 30th September 2025 (2024 £701 pension debtor).

21. LIMITED LIABILITY

Cancer Aid Merthyr Ltd is a company limited by guarantee. The Memorandum and Articles of Association restrict the liability of members on a winding up to £10. In case of winding up, none of the accumulated funds are distributable to members, but shall be given, or transferred to, some other charitable institution having similar objectives.

Page 28

CANCER AID MERTHYR TYDFIL LTD.

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Legacies
Other trading activities
Fundraising events
Shop income
Investment income
Investment income
Deposit account interest
Charitable activities
Grants
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Other costs
Support costs
Human resources
Wages
Other
Other running costs
Governance costs
Accountancy fees
Carried forward		 2025
£
58,319
6,000
64,319
16,393
29,791
46,184
9,795
6,242
16,037
71,117
197,657
113,301
5,368
11,149
61,925
191,743
12,381
9,770
2,910
2,910		 2024
£
36,376
-
36,376
23,025
27,947
50,972
8,517
7,055
15,572
70,027
172,947
107,255
5,551
6,770
53,001
172,577
14,516
5,695
2,868
2,868

This page does not form part of the statutory financial statements

Page 29

CANCER AID MERTHYR TYDFIL LTD.

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025

Governance costs
Brought forward
Legal and Professional fees
Investment fees
Total resources expended
Net expenditure		 2025
£
2,910
1,267
2,326
6,503
220,397
(22,740)		 2024
£
2,868
1,267
2,308
6,443
199,231
(26,284)

This page does not form part of the statutory financial statements

Page 30