##
##
##
|||Page|
|---|---|---|
|Trustees'
annual
report|||
|Independent
examiner's
report|||
|Statement offinancial activities and income and expenditure|account|10|
|Balance sheet|||
|Statement ofcash flows||12|
|Principal accounting
policies||13-15|
|Notes to the financial statements|||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Reference|and administrative|and administrative|and administrative|details|||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Charity number|||||1104261||||||
|Company|number||||5086868||||||
|Name and|registered||office||Cavendish
Cancer Care
34Wilkinson
Street, Sheffield, S10 2GB||||||
|Our advisors:|||||||||||
|Independent||Examiners|||Tingle Ashmore
Limited||||||
||||||Chartered
Accountants||||||
||||||Enterprise
House,|Broadfield
Court, Sheffield,|||S8OXF||
|Bankers|||||The Co-operative|Bank Pic|||||
||||||PO Box250, Delf|House,|Southway,|Skelmersdale,||WN8 6WT|
||||||Virgin Money pic||||||
||||||110Pinstone Street, Sheffield, S1 2HQ||||||
||||||HSBC Bank Plc||||||
||||||49-63 Fargate, Sheffield,||S1 2HD||||
||||||Nationwide
Building Society||||||
||||||PO Box3, 5-11StGeorges Street, Douglas,||||isle of|Man, IM99 1AS|
|Investment|advisers||||Investec Wealth and Management||||||
||||||Beech House, 61|Napier|Street, Sheffield, S118HA||||
|Directors|and|Trustees|||Mr D Grey MBE||-Chairman||||
||||||Mr D Thurkettle||-Treasurer||||
||||||Mrs SShepley||||||
||||||Mr A Spier||||||
||||||Mrs G Coverley||||||
||||||Mr MJTunbridge||||||
||||||Mrs AJ Clarke||||||
|Founder|||||Dr D Simons (not|a director or Trustee)|||||
|Company|secretary||||Mrs G Coverley||||||
|Chief Executive|||||Mrs Emma Draper||||||
##
##
##
##
##
##
||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||Notes|funds|funds|funds|funds|
||||||||2023|2022|
|Income from:|||||||||
|Donations
and legacies:|||||||||
|Charitable
trusts|||||91,573|53,920|145,493|128,692|
|Statutory
bodies|||||34,867||34,867|34,867|
|Legacies|||||33,016||33,016|283,790|
|Other|||||262,494||262,494|213,532|
|Charitable
activities|||||||||
|Therapy fees|||||80,350||80,350|39,805|
|Learning
and development|||income||51,452||51,452|21,511|
|Other trading
activities|||||||||
|Fundraising
events|||||85,558||85,558|90,747|
|Master Cutler's|Challenge||||101,507||101,507||
|Room hire|||||1,095||1,095|140|
|Investment
income|||||||||
|Bank interest receivable|||||414||414|204|
|Dividends
and|interest||||1,802||1,802||
|Total income|||||744,128|53,920|798,048|813,288|
|Expenditure
on:|||||||||
|Raising funds|||||196,983||196,983|112,009|
|Charitable
activities|||||585,214|71,141|656,355|493,825|
|Total expenditure|||||782,197|71,141|853,338|605,834|
|Losses on investments|||||||||
|Realised|||||(79)||(79)||
|Unrealised|||||(4,001)||(4,001)||
||||||(4,080)||(4,080)||
|Net (expenditure)fincome||for the|year|3|(42,149)|(17,221)|(59,370)|207,454|
|Transfers
between|funds||||86,869|(86,869)|||
|Net movement
in funds|||||44,720|(104,090)|(59,370)|207,454|
|Total funds brought|forward||||597,103|126,135|723,238|515,784|
|Total funds camed|forward||||f641,823|822,045|F663,868|F723,238|
##
##
##
##
##
##
||||||Total|Total|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2023|2022|
||||||F||
|Cash flows from operating|activities:||||||
|Net cash provided
by/(used|in) operating||activities||255,600|(55,498)|
|Cash flows from investing|activities:||||||
|Interest received|||||414|204|
|Dividends
received|||||1,802||
|Purchase oftangible
fixed|assets||||(25,771)|(1,116)|
|Purchase of investments|||||(157,886)|(21,781)|
|Proceeds from sale of investments|||||13,554||
|Net cash used
in investing|activities||||(167,887)|(22,693)|
|Change
in cash and cash equivalents||in|the|year|87,713|(78,191)|
|Cash and cash equivalents|at the beginning|||ofthe year|313,780|391,971|
|Cash and cash equivalents|at the end of||the|year|6401,493|F313,780|
|Cash and cash equivalents|consists of:||||||
|Cash at bank and on hand|||||367,192|235,561|
|Cash held as investments|||||34,301|78,219|
||||||F401,493|F313,780|
|Net income for the|year|||(59,370)|207,454|
|---|---|---|---|---|---|
|Adjustments
for.||||||
|Depreciation
charges||||21,251|26,051|
|Interest receivable||||(414)|(204)|
|Dividends
receivable||||(1,802)||
|Losses on investments||||4,080||
|Decrease/(increase)|in debtors|||278,382|(283,680)|
|Increase/(decrease)|in creditors|||13,473|(5,119)|
|Net cash provided|by/(used|in) operating|activities|K255,600|F(55,498)|
##
##
##
##
##
##
##
##
|||Staff costs|Premises|Other|Total|Total|
|---|---|---|---|---|---|---|
|||and therapists'|and office|costs|||
|||fees|costs||2023|2022|
|2|Total expenditure||||||
||Raising funds:||||||
||Fundraising
costs|113,111||33,134|146,245|111,042|
||Master Cutler's Challenge|22,652||28,086|50,738|967|
||Charitable
activities:||||||
||Therapy
provision|550,258|60,717|42,753|653,728|489,946|
||Governance
costs:||||||
||Staff costs|556|||556|900|
||Other|||2,071|2,071|2,979|
|||8686,577|860,717|2106,044|f853,338|f605,834|
##
##
||||||2023|2022|
|---|---|---|---|---|---|---|
|Net (expenditure)fincome
for the year|||||||
|This is stated after charging:|||||||
|Depreciation|||||21,251|26,051|
|Independent
examiner's
remuneration
Auditor's
remuneration
—audit|||||1,560|1,790|
||-accountancy|||||550|
|Analysis of|staff costs, Trustee remuneration||and expenses,|and the cost|||
|ofkey management
personnel|||||||
|Therapists'
Wages and
Employer's
Employer's|fees and staff costs comprise:
salaries
national
insurance
pension
contributions||||455,362
32,459
11,265|351,411
23,439
8,598|
|Therapists'|fees||||164,725|82,050|
|Recruitment,|consultancy,
travel, training|and|other costs||22,766|19,686|
||||||6686,577|f485,184|
##
##
##
|6|Tangible assets|Improvements|Furniture||
|---|---|---|---|---|
|||to landlord's|and||
|||property|equipment|Total|
||Cost||||
||As at 1st February 2022|133,682|70,174|203,856|
||Additions||25,771|25,771|
||Disposal||(6,200)|(6,200)|
||As at 31stJanuary 2023|133,682|89,745|223,427|
||Depreciation||||
||As at 1st February 2022|51,273|60,393|111,666|
||Charge forthe year|13,458|7,793|21,251|
||Eliminated
on disposal||(6,200)|(6,200)|
||As at 31stJanuary 2023|64,731|61,986|126,717|
||Net book value||||
||As at 31stJanuary 2023|268,951|f27,759|F96,710|
||||2023|2022|
|7|Fixed asset investments||||
||Listed investments:||||
||Market value at 1st February 2022||21,781||
||Additions||157,886|21,781|
||Disposals||(13,633)||
||Net investment
losses||(4,001)||
||Market value at 31stJanuary 2023||162,033|21,781|
||Investment
cash||34,301|78,219|
||As at 31stJanuary 2023||6196,334|f100,000|
||Historical cost oflisted investments||2166,034|f21,781|
##
##
##
|||||2023|2022|
|---|---|---|---|---|---|
|8|Debtors|||||
||Trade debtors|||28,889|25,885|
||Legacies receivable
Other debtors and prepayments|||24,435|283,790
22,031|
|||||F53,324|E331,706|
|9|Creditors - amounts|falling due within|one year|||
||Trade creditors|||6,312|5,430|
||Taxation and social|security||8,443|7,724|
||Other creditors, accruals and deferred||income|34,937|23,065|
|||||649,692|f36,219|
|10|Operating
lease commitments|Operating
lease commitments||||
|---|---|---|---|---|---|
||The charity had operating|leases at the year end with total future|minimum|||
||lease payments
as follows:|||||
||Amount
falling due:|||||
||Within
1year|||28,370|28,637|
||Within 2to 5years|||111,456|102,477|
||After more than 5years||||25,000|
##
##
##
##
##
##
##
|11|Total funds (continued)|||||||||
|---|---|---|---|---|---|---|---|---|---|
||Prior year comparison:|||||Balance at
1st Feb|Movement
Incoming|in resources
Outgoing|Balance at
31stJan|
|||||||2021|||2022|
||Unrestricted
funds|||||||||
||General funds|||||316,056|758,186|(492,460)|581,782|
||Designated
funds - fixed||assets|||17,308||(1,987)|15,321|
|||||||333,364|758,186|(494,447)|597,103|
||Restricted funds|||||||||
||Westfield
Health Charitable|||Trust||50,000||(7,178)|42,822|
||Marjorie Coote Old People's|||Charity Fund|||15,000|(15,000)||
||Will Charitable
Trust|||||1,091|||1,091|
||Masonic Charitable
Foundation|||||10,000||(10,000)||
||BBCChildren
In Need|||||3,407|20,602|(24,009)||
||GHEP Grant|||||540||(540)||
||Duke ofDevonshire's|Charitable|||Trust|2,000||(1,647)||
||February
Foundation|||||5,000||(5,000)||
||Buddy Scheme|||||2,439|11,000|(13,439)||
||National
Lottery Community|||Foundation||8,126||(8,126)||
||Pink Ribbon Foundation||||||3,500|(3,500)||
||Aviva Broker Community||Fund||||5,000||5,000|
||Fixed Assets Fund|||||99,817||(22,948)|76,869|
|||||||182,420|55,102|(111,387)|126,135|
||Total funds|||||F515,784|f813,288|E(605,834)|2723,238|
|12|Analysis ofnet assets|between|||funds|||||
||Fund balances at 31stJanuary||||2023are represented
by:|||||
|||||||General|Designated|Restricted|Total|
|||||||funds|funds|funds|funds|
||Tangible fixed assets||||||96,710||96,710|
||Investments|||||196,334|||196,334|
||Net current assets|||||348,779||22,045|370,824|
||Net assets|||||F545,113|896,710|222,045|8663,868|
||Prior year comparison|||||||||
||Fund balances at 31stJanuary||||2022 were|represented
by:||||
||Tangible fixed assets||||||15,321|76,869|92,190|
||Net current assets|||||100,000|||100,000|
||Creditors due after more||than one year|||481,782||49,266|531,048|
||Net assets|||||f581,782|215,321|F126,135|F723,238|
##
##
|for the year ended 31stJanuar|y 2022 is as follows:||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||||2022|
|Income from:|||||
|Donations
and legacies:|||||
|Charitable
trusts||73,590|55,102|128,692|
|Statutory bodies||34,867||34,867|
|Legacies||283,790||283,790|
|Others||213,532||213,532|
|Charitable
activities|||||
|Therapy fees||39,805||39,805|
|Learning
and development|income|21,511||21,511|
|Other trading
activities|||||
|Fundraising
events||90,747||90,747|
|Room hire||140||140|
|Investment
income|||||
|Bank interest receivable||||204|
|Total income||758,186|55,102|813,288|
|Expenditure
on:|||||
|Raising funds||112,009||112,009|
|Charitable
activities||382,438|111,387|493,825|
|Total expenditure||494,447|111,387|605,834|
|Net movement
in funds||f263,739|f.(56,285)|2207,454|