2020-12-31-accounts - Against Breast Cancer Limited

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CONTENTS					PAGE
Chairman's	Statement
Trustees Annual Report
independent	auditor's report to the	members
Consolidated	Statement offinancial	activities (incorporating		the
income and	expenditure account)				13
Charity Statement offinancial activities (incorporating			the
income and	expenditure account)
Consolidated	Balance sheet				15
Charity Balance sheet					16
Consolidated	Statement ofCashf lowe				17
Charity Statement of Cashflows					18
Notes to the	financial statements				19

have been establishe	have been establishe	have been establishe	have been establishe	d to mitigate those	d to mitigate those	risks.	risks.
REFERENCE AND				ADMINISTRATIVE		DETAILS
Registered			charity	name			Against Breast Cancer Limited
Charity	registration			number			1121258
Company		registration			number		6310215
Registered			office				Leathern House
							13Napier Court
							Barton Lane
							Abingdon
							Oxen
							OX143YT
The trustees
The trustees			who served		the charity during		the period were as follows.
							Mrs J Chattoe
							Miss V Harmer
							Miss N ALyyebb
							Iylr R Bahu
							Mrs L Hounam
							Mrs J Collins
							Mr D Remoundas
Auditor							David Cadwallader	&Co Limited
							Chartered Certified	Accountants
							& Statutory Auditor
							Suite 3 Bignell Park	Barns
							Chesterton
							Nr Bicester
							Oxen
							OX26 1TD
AUDITOR

		YEAR	ENDED 31 DE	CEMBER 20	20
			Unrestricted	Restricted	Total Funds	Total Funds
			Funds	Funds	2020	2019
		Note	6	6	6	E
INCOME AND ENDOWMENTS
Donations and legacies		2	495,917		495,917	706,495
Other trading activities		3	298,730		298,730	465,306
Investment income		4	2,934		2,934	2,565
Other income		5
TOTAL INCOME			797,581		797,581	1,174,366
FXPENDITURE ON
Raismg Funds			(588,217)		(588,217)	(651,986)
Charitable activities			(383,878)		(383,878)	(404,585)
Other			(13,040)		(13,040)	(22,440)
TOTAL EXPENDITURE			(985,135)		(985,135)	(1,079,011)
NET INCOME AND	NET
MOVEMENT IN FUNDS FOR
THE YEAR		10	(187,554)		(187,554)	95,355
RECONCILIATION	OF FUNDS
Total funds brought	forward		734,117	10,000	744,117	648,762
TOTAL FUNDS CARRIED
FORWARD			546,563	10,000	556,563	744,117

		YEAR	ENDED 3'I DE	CEMBER 20	20
			Unrestricted	Restricted	Total Funds	Total i=unde
			Funds	Funds	2020	2019
		Note	6	6	5	E
INCOME AND ENDOWMENTS
Donations and legacies			707,487		707.487	1,097,397
Other trading activities			9,231		9,231	9,192
Investment mcome			2,934		2,934	2,565
Other income			65,000		65,000	51,000
TOTAL INCOME			784,652		784,652	1,160,154
EXPENDITURE ON
Costs ofgenemting	funds.
Costs of raismg	donations
and legacies			(577,805)		(577,805)	(640,608)
Costs of charitable	activities		(383,878)		(383,878)	(404,585)
Other			(10,523)		(10,523)	(19,606)
TOTAL EXPENDITURE			(972,206)		(972,206)	(1,064,799)
NET INCOME AND	NET
MOVEMENT IN FUNDS FOR
THE YEAR		10	(187,554)		(187,554)	95,355
RECONCILIATION	OF FUNDS
'I otal funds brought	forward		734,117	10,000	744,117'	648,762
TOTAL FUNDS CARRIED
FORWARD			546,563	10,000	556,563	744,117

				2020		2019
			Note	E		E
FIXEDASSETS
Intangible assets			13			I
Tangible assets			14		308,657	309,532
					308,658	309,533
CURRENT ASSETS
Stocks			16	17,255		23,351
Debtors			17	131,445		83,226
Cash at bank and	in hand			515,471		573,510
				664,171		680,087
CREDITORS: Amounts		falling due within one year	18	(416,266)		(245,503)
NET CURRENT ASSETS/(LIABILITIES)					247,905	434,584
TOTAL ASSETS	LESS CURRENT LIABILITIES				556,563	744,117
CREDITORS; Amounts		falling due after more than one
year
NET ASSETS/(LIABILITIES)					556,563	744,117
FUNDS
Restricted income	funds		22		10,000	10,000
Unrestricted income funds			23		546,563	734,117
TOTAL FUNDS					556,563	744,117

				2020		2019
			Note	E		f
FIXEDASSETS
Intangible assets			13		1	1
Tangible assets			14		308,657	309,532
Investments			15		2	2
					308,660	309,535
CURRENT ASSETS
Debtors			17	149,036		100,528
Cash at bank and	in hand			482,080		554,685
				631,116		655,213
CREDITORS: Amounts		falling due within one year	18	(383,213)		(220,631)
NET CURRENT ASSETS/(LIABILITIES)					247,903	434,582
TOTAL ASSETS	LESS CURRENT LIABILITIES				556,563	744,117
CREDITORS: Amounts		falling due after more than one
year
NET ASSETSI(LIABILITIES)					556,563	744,117
FUNDS
Restricted income	funds		22		10,000	10,000
Unrestncted income funds					546,563	734,117
TO1AL FLINDS					556,563	744,117

		3	1 DECEMBER 2020
				2020	2019
				8	f
Cash flows from operating	activities
Net income				(187,554)	95,355
Adjustments for
Depreciation oftangible fixed assets				875	875
Other interest receivable and similar income				(2,934)	(2,565)
Interest payable and similar	charges			827	1,565
Accrued expenses/(income)				(49,372)	40,376
Changes mi
Stock				6,096	(9,581)
Trade and other debtors				49,870	(8,027)
Trade and other creditors				122,046	29,770
Cash generated from operations				(60,146)	147,768
Interest paid				(827)	(1,565)
Interest received				2,934	2,565
Net cash from operating activities				(58,039)	148,768
Cash flows from investing	activities
Purchase oftangible assets
Net cash used in investing activities
Cash flows from financing	activities
Proceeds from borrowings
Net cash (used in)/from financing		activities
Net increase/(decrease) in	cash	and cash	equivalents	(58,039)	148,768
Cash and cash equivalents	at beginning		ofyear	573,510	424,742
Cash and cash equivalents	at end ofyear			515,471	573,510

			2020 f	2019 f.
Cash flows from operating	activities
Net mcoms			(187,554)	95,355
Adjustments for:
Oepreqation oftangible fixed assets			875	875
Other interest receivable and similar income			(2,934)	(2,565)
Interest payable and similar	charges		827	1,565
Accrued expenses/(income)			(49,372)	40,376
Changesin:
Trade and other debtors			34,800	20,471
Trade and other creditors			128,646	31,795
Cash generated from operations			(74,712)	187,872
Interest paid			(827)	(1,565)
Interest received			2,934	2,565
Net cash from operating actwities			(72,605)	188,872
Cash flows from investing	activities
Purchase oftangib/e assets
Net cash used in investing activities
Cash flows from financing	activities
Proceeds from borrowings
Net cash (used in)/from finanqng activities
Net increase/(decrease) in	cash and cash	equivalents	(72,605)	188,872
Cash and cash equivalents	at beginning	ofyear	554,685	365,813
Cash and cash equivalents	at end of year		482,080	554,685

		Group	Charity	Group	Charity
		2020	2020 f	2019 2	2019 2
Donations
Donations and	gifts	253,822	253,822	423,842	417,642
Trust income		14,627	14,627	24,310	24,310
Sporting events		63,570	83,570	211,730	211,730
Gift Aid reclaimed		19,866	19,866	37,245	37,245
Donation from	subsidiary		211,570		396,902
Government	Grant Income
Job Retention	Scheme	34,760	34,780
Legacies
Legacies		89,272	89,272	9,368	9,368
		495,917	707,487	706,495	1,097,397

				Group	Charity	Group	Charity
				2020 E	2020 E	2019 F.	2019 f
Recycling		income		9,231	9,231	9,192	9,192
Trading	income of subsidiary			289,499		456,114
				298,730	9,231	465,306	9,192
All income		is unrestricted	for both years.
OTHER	INVESTMENT INCOME
				Group	Charity	Group	Charity
				2020	2020	2019	2019
				8	F.	B	8
Bank mterest receivable				2,934	2,934	2,565	2,565
All income		is unrestricted	for both years.
OTHER	INCOME
				Group	Charity	Group	Charity
				2020	2020	2019	2019
				E	E	E
Management charge from			subsidiary		65,000		51,000

COSTS OF GENERATING VO	LUNTARY INCOME
		Group	Charity	Group	Charity
		2020 E	2020 f	2019 E	2019
Donations		117,457	117,457	170,776	170,776
Event Fundraising		263,006	263,006	256,449	256,449
Trading costs of subsidiary		10,412		11,378
Support costs		197,342	197,342	213,383	213,383
		588„217	577,805	651,966	640,608
All expenditure is unrestdicted	for both years.
COSTS OF CHARITABLE ACTIVITIES BYFUND TYPE
		Group	Charity	Group	Charity
		2020	2020	2019	2019
		E	K	f
Research		383,878	383,878	404,585	404,585

OSTS OF CHARI	TABLE ACTIVITI	ES BYACTIVITY TY	PE
		Voluntary	Event	Support	Total	Total
		Fundraismg	Fundraising	Costs	2020	2019
		2		6		5
Wages &salaries		21,397	206,640	142,594	370,631	346,586
Employers Nl		1,374	17,050	12,752	31,176	29,318
Staff Pension		570	9,471	5,973	16,014	15,330
Staff recruitment	&training	9,837	4,140	3,556	17,533	21,048
Rates &water		1,341	1,476	3,690	6,507	6,774
I ight & heat		679	453	1,133	2,265	2,079
Insurance		1,477	985	2,463	4,925	4,190
Telephone		2,961	2,369	592	5,922	6,613
Depreciation		437	350	88	875	875
Stationery		3,185	2,548	637	6,370	5,342
Publicity		6,080	11,290		17,370	5,331
Event management		44632	4,911		49,443	137,903
Database rxists				23,562	23,562	31,393
Travel		409	326	82	817	5,185
Property repairs	&maintenance	16,845			16,845	1,635
Gifts in kind
Agency fees online giving
Miscellaneous		276	118		394	253
Office equipment Postage	& hardware	4,701 1356			4,701 ~2455	11,654 9099
Charity expenditure		117,457	263,006	197,342	577,905	640,608
Trading purchases		10,412			10,412	11,378
Group expenditure		127,869	263,006	197,342	588,217	651,986

YEAR ENDED	YEAR ENDED	YEAR ENDED	31 DECEMBER 202	0
OTHER COSTS
			Group	Charity	Group	Charity
			2020	2020	2019	2019
					f	E
Employers	NIC		(4,000)	(4,000)	(3,000)	(3,000)
Accountancy		fees
Audit fees			9,429	7,054	9,722	6,886
Legal fees			2,461	2,461	6,923	6,923
Interest payable			4,179	4,179	1,565	1,565
Corporation		Tax charge for year
Other financial costs			971	829	7,230	7,230
			13,040	10,523	22,440	19,606

	This is stated after charging:
	Group
						2020	2019
						E
	Staff pension contnbutions				16,314		15,330
	Depreciation					875	875
	Auditors' remuneration:
	—audit ofthe fmancial statements					9,429	9,724
	Charity
						2020	2019
	Staff pension contnbutions				16,314		15,330
	Depreciation					875	875
	Auditors' remuneration
	-audit ofthe financial statements					7,054	6,923
11.	STAFF COSTS AND EMOLUMENTS
	Total staff costs were as	follows:
						2020	2019
						6	f
	Wages and salaries				382,047		346,586
	Social security costs				28,141		29,318
	Other pension costs				16,314		15,330
	Redundancy and termmation	payments			10,000
					436,502		391,234
	Particulars ofemployees:
	The average number ofemployees		during	the year, calculated	on the basis offull-time	equivalents	was as follows:
						2020	2019
						No	No
	Number of support staff					10	10

12.	TAXATION - GROUP
	In respect ofthe year

TAXATION - GROUP In respect ofthe year	YEAR ENDED 31 DECEM	BER 2020
			2020	2019
			f
Taxation based on results	for the year
INTANGIBLE FIXEDASSETS-GROUP AND CHARITY
				Patent
				9
COST
At 1 January 2020 and	31December 2020			2,762
AMORTISATION
At 'I January 2020 and	31 December 2020			2,761
NET BOOK VALUE
At 31 December 2020
At 31 December 2019
TANGIBLE FIXEDASSETS —GROUP AND CHARITY
		Freehold
		property	Equipment	Total
		8		8
COST
At 1 January 2020		307,782	36,105	343,887
Additions
At 31 December 2020		307,782	36,105	343,887
DEPRECIATION
At 1 January 2020			34,355	34,355
Charge for the year			875	875
At 31 December 2020			35,230	35,230
NET BOOK VAI UE
At 31 December 2020		307„782	876	308,657
At 31 December 2019		307,782	'1,750	309,532

'13.	Taxation based on results for the year INTANGIBLE FIXEDASSETS-GROUP AND CHARITY COST At 1 January 2020 and 31December 2020 AMORTISATION At 'I January 2020 and 31 December 2020 NET BOOK VALUE At 31 December 2020 At 31 December 2019

16.	STOCKS
							2020	2019
							f	f
	Stock						17,255	23,351
'17.	DEBTORS
						Group	Charity	Group	Charity
						2020 f	2020 f	2019 f	2019 f
	Trade debtors					34,605	2,254	54,858	24,827
	Amounts	owed by group undertakings					49,942		47,331
	Other debtors
	Prepayments					96,840	96,840	28,370	28,370
						131,445	149,036	83,228	100,528
18.	CREoiTDRs: Amounts		falling	due within one year
						Group	Charity	Gl'oiip	Charity
						2020	2020	2019	2019
						6			f
	Bank loans and overdraft
	Trade creditors					244,809	244,809	120,456	118,332
	Amounts	owed to group undertakings
	Corporation Tax
	Taxation	and social security				47,497	16,669	35,810	15,287
	Other creditors					4,326	2,101	3,539	1,314
	Accruals					119,634	119,634	85,698	85,698
						416,266	383,213	245,503	220,631
19.	Analysis	ofcash and cash equivalents
				Group 2020f	Charity	2020	Group 2019 f.	Charity 2019 f
Cash in Hand					482J)80

0.A	nalys	is of	changes in net	debt (Consolidate	d cash	flow statement)
				Balance	at 1	Cash Flows	Balance at 31
				January	2020f	5	December 2020
Cash	and Cash equivalents			573,510		(58,039)	515,471
Loans	due	within	1 year
Loans	after	1 year
Total				573,510		(58,039)	515,471

1.	Analysis	of	changes in net de	bt ICharity cash	bt ICharity cash	flow	statemen	t)
				Balance		at 1		Cash Flows		Balance at 31
				January		2020		5	December 2020
						6				6
Cash and Cash equivalents					554	885		(72,605)		482,080
I oans due within			1 year
Loans afler 1		year
Total					554,685			i72,605)		482,080
2.	RESTRICTED INCOME FUNDS
				Balance at						Balance at
				1January	2020		Income	Expenditure		31Dec 2020
					6		6			6
	Stewarts	Law	Foundation		10,000					10,000
	Pink Ribbon Foundation
	Diamond	Campaign
					10,000					10,000

UNRE	STRICTE	D INCOME FU	NDS
				Balance at	Incoming	Outgoing	Balance at 31
			1	January 2020 f	resources E	resources E	December 2020 6
Group	General	Funds		734,117	797,581	985,135	546,563
Charity	General	Funds		734,117	784,652	972,206	546,563

				Tangible fixed assets	Nat current assets/ (liabilities)	Total
				6	5
Group	Unrestricted		Income Funds	308,657	237,905	546,563
Charity	Unrestricted		Income Funds	308,659	237,903	546,563
Group	Restricted	Income Funds			10,000	10,000
Charity	Restricted		Income Funds		10,000	10,000