Registered number: 06471938 Charity number: 1123665 TOGETHER AGAINST CANCER (A company limited byguarantee) UNAUDITED TRUStEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 i K Together Against Cancer
ToGHER AGAINST CANCER (A company limited by guarantee) CONTENTS Page Reference and administrative details of the charity. its Trustees and Advisers Trustees. report Trustees. responsibilities Statement Independent examiner's report io-ii Statement of finanaal activities 12 Balance sheet 13 Notes tothe financial statsments 14-30
TOGETHER AGAINST CANCER (A company limited by guarantee) REFERENCE AND ADMINISTRATIVE DEfAILS OF THE CHARITY. ITS TRUSfEESAND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2024 Trustee5 Mr Lawrence MacKay MrsJoy MacKay Mrs Merra Bacos Tabay {resigned 14 October 2024) Mr Edwin Bulaon Company re8lStered number 06471938 Charity registered number 1123665 Registered office Unit Sl Troon Way Business Centre Humberstone Lane Leicester LE49HA Company secretary Mrs Susana Bulaon Website https://www.togetheragainstcancer.org.uk Accountants Key Accountants (Midlands) Ltd Office 5. The Forest Rock Offices Leicester Road Whitwick Leicestershire LE67 5GQ Pagel I
TOGETHERAGAINST CANCER (A company limited by guarantee) TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Trustees present their annual report together wtth the financial statements of the charity for the l January 2024to 31 December 2024. TheAnnual report serves the purpose5 of both a Trustees, report and a Directors. report under company law. The Trustees confirm that the Annual report and financial statements of the charitable companycomplywith the current statutory requirement5, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORPI applicable to chartties preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ire12nd IFRS102) leffective l January 2019). Since the charity qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2tM)6 (Strategic Report and Directors, Report) Regulations 2013 has been omttted. Objectives and artivities Policies and objertives The chartty's objectives are to assist in the relief of persons with cancer and any similar or related diseases or conditions particularly but not exclusively by the provision of homeopathic and holistic treatments- to advance education and raise public awareness about cancer or any other similar or related diseases or conditions, their incidence, causes, treatment, avoidance and relief. In setting objecttves and planning for activities, the Trustees have gtven due consideration to general guidance published by the Charity Commission relating to public benefit. including the guidance 'Public benefit: running a charity IPB21'. Public benefit The Trustees have complied with their duty in section 17 of the Chartties Act 2011 to have due regard to guidance published bythe Charity Commission. Achievements and performance The Highlights We continued wtth educational workshops and other group events WFth 86 events with 515 attendees in 2024 compared to 156 events with 724 attendees in 2023. We recorded 2304 one to one therapeutic sessions in 2024, compared to 2002 in 2023 We were successful in securing corporate sponsorship from The Barratt Foundation for a value of £1500 Fundraising activities for the year brought in £38.412 in 2024, compared to £30,935 in 2023 Legacies received forthe year were £34,292 in 2024 compared to £48,824 in 2023 We expanded the range of Fundraising events with partnership with local businesses We increased the number of one-on-one therapies available to 25 per week Page21
TOGETHER AGAINST CANCER (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Grant approvals for 2024 None received in 2024. Review of artivities Education & Wellness Centre- Leicester In 2024, we worked to build on the ground work completed in 2023 to expand the services available to cancer patients. We welcomed regular monthly guest speaker5 We continued with the Hydroxy therapy, where patients breathe in a gas of oxygen and hydrogen and opened the service to carers, as well as the public. This helps patients and carers with their level of vitality. 8 Additional therapies were scheduled per month to meet the growing demand, now with 25 hours scheduled each week. Visitors to Centre In 20234 clients continued to benefit from the l on I therapies, educational workshops, as well as counselling. "I love my visits to TAC. You are all so friendly, kind and compassionate. The reiki and reflexology I have really helps my physical and mental wellbeing." Sue. TAC patient "First time at TAC centre and it was an amazing experience. Calming, friendly. lots of good information. l am full of gratitude for such a wonderful service" S. New patient "l just love TAC and visiting the centre makes happy and lifts my spirrt. Thank you all for looking after me, l alway5 feel warmth and kindness from you all" M. TAC patient Educational Worksho s and Events A total of 72 workshops/wellness session5 were held in 2024 with 469 attendees, split as follows: The range of workshops and group sessions included the following- Weekly Sessions Yoga until Sep 2024, then Tai Chi on a weekly basis TRUStEES' REPORT ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Page31
TOGETHERAGAINST CANCER {A company limited by guarantee) Wellbeing Workshops via Guest Speaker5 Christmas Brunch with Emmie Crystal Healing with Kam Sundal Eco Em Natural Products Emmie- Drop in Session Nutrition with Emmie- Monthly Falguni / Nutritionist / Anti-inflammatory Functional Nutrition Workshop wtth Joe GlamourGlitz Glow Naturally with Rachel CK (see 26110123) In Your Own Words Nutritron with Emmie- Hydration Workshop Oliver the Soul Doctor Online Trainer / Fitness Coach Thomas E Ballentyne Rachel CK- Calming Connection Session Rachel CK- Essential Oil Drop I Rachel CK- Green Cleaning Rachel CK- Immune Boost Rachel CK- Life Laundry- Naturally Nume Health Coaching- Let's talk aboLrt Sleep Sound Bath with Kat Berry Stem Cell and Light Therapy TAC Support Group with Nicky The Cancer Conversations- Sleep Naturally The Digestive System with Emmie Wellbeing Workshops delivered by TAC Emotional Freedom Technique Group Meditation Visua lisation Page41
TOGETHERAGAINST CANCER (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Com lementar Thera Sessions Cancer Patients and their Carers In 2024, we provided a total of 2304 therapy sessions to patients living with cancer, which is an increase of 15% on therapies delivered in 2023. This is still just about meeting the detnand brought by additional new patients. In early 2023, we supported around 40 individuals, bythe end of 2024, we supported around 80 individuals. Number of complementary therapies January February March April May June July August September October November December 167 sessions 199 sessions 189 sessions 178 sessions 193 sessions 155 Sessions 193 sessions 199 sessions 209 sessions 254 sessions 180 sessions 188 sessions Website Social media In 2024, our website was updated wtth a new corporate section, allowing our sponsor5 to have their logos displayed on the home page. Our social media exposure grew wtth 4,319 likes on Facebook {192 extra from 2023), increased presence on Linkedln1303 followers by the end of 20241 and Instagram1590 followers by end of 2024). Fundraisin Activities and Income Generation External fundraisers are essential to the continuation and expansion of therapies at the centre. In order to leverage these efforts, 2 new contracts were taken on. A new contract with Run for Charity enabled us to have spaces at racing events. A new fundraising plarform called Givematch worked with us to maximise fundraising campaigns. The centre organised 6 small fundraising events- 4 Quiz Nights, a Curry & Race Night and a Christmas Raffle and Fundraising Campaign. In total, those events raised £3,848. Collaboration with a local pub resulted in a New Year fundrdiser, a Family Fun Day in August, resulting in £2,006.96. The charity joined the BNI (Business Network International} Business Connect group in July 2023. The members have supported the charity at the above-mentioned events, as well as organised external fundraising. Overall. this has helped with raising awareness and gain financial support. In total for 2023, £3,826 was raised through the BNI members activities. In 2024. BNI provided £5,480! Page51
TOGETHERAGAINST CANCER (A company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 The charity gained the I Corporate Sponsor from June 2023 to April 2024. Secure Retail is business based in Coalville with an office of around employee5. They organised fundraising acttvities throughout the year in order to raise funds. In total, this generated £1,345 in 2023 and a further£l,655 in 2024. Label Apeel became our 2" corporate sponsor from October 2024 with a target of £3,000 in mind over the year. 3 corporate sponsors donated a total of £7,104. Donations made at the centre raised £6,093. External fundraisers were successful in raising over £11.754 in 2024: A local DJ did a 24hr fundraiser with £l.010 achieved In memory fundraising raised £3,239. A 3, party Race Night raised £3.600 Individual client fundraisers raised £3.700 Local Community Centre raised £205 Financial Review Going Concern In 2024, Donations through the direct mailings have reduced further and represented 80% of the income to the charity. We also observed a 15% reduction in the number of donor5 and 30% reduttion in total donations in 2024. This decrease is expected due to the ageing of the donor database and difficult financial times experienced in the UK. Fundraising via events managed by the tre and external fundraisers has increased to compensate for the decreased donations from the mailings. The centre also increased rts activities and is 5UPPOrting close to 80 individuals compared to 40 a couple of years ago. Plans forfuture eriods Our pledge for 2025 is-. To continue support to cancer patients via complementarytherapies, educational workshops. and counselling. Continue delivering Hydroxy Therapyto cancer patients. Grow our corporate support and increase engagement in the local communtty Review existing fundraising approach to maximise support from the local communrty We have 9 part-time staff members ranging from administration, accountin& donation processing, digttal marketing and therapist. In 2024, we were supported by 16 volunteers ranging from guest speakers, receptionists, admin/office, therapists who kindly volunteered 335 hours to the charty. Page61
TOGETHERAGAINST CANCER {A company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Structure. governance and management Constitution Together Against Cancer (TAC} is a company limtted by guarantee, registered in England and Wales number 06471938, its registered charity number 1123665. Its governing document is its Memorandum and Articles of Association, dated, 11 March 2008. The Trustees, who are alsothe directors forthe purpose of company law. and who served during the year are: Mr Lawrence MacKay Mrs Joy MacKay Mrs Merra Bacos Tabay {resigned 14 Ortober 2024) Mr Edwin Bulaon None of the Trustees have any beneficial interest in the company. All the trustees are members of the company and guarantee to contribute £1 in the event of a winding up. The CEO is Larry MacKay and the day-to-day management of the UK Centre is delegated to the Centre Manager Valerie Viot. Methods of appointment or election of Trustees There is no formal method for recruiting new charity trustees. Each current trustee can make recommendations if the need arises to rep13ce or add a newtrustee. At the annual board meeting in December of each year trustees are appointed and elected to serve for the approved period. Policies adopted for the induction and training of Trustees New trustees are encouraged to visit the UK Education and Wellness Centre and meet the Centre Manager, learn more about the services provided and meet the staff and volunteers. New trustees are encouraged to obtain a copy of the charity commission booklet 'The Essential Trustee: what you need to know, what you need to do,. Pay policy for key management personnel With over 40 years of administrative work for non-profit corporations, Larry MacKay has developed an understanding for what is fair and reasonable compensation for management positions at a non-profit corporation. Salaries are determined by the Importan of the position being filled, the experience of the person being hired and the ability of the charity to meet this obligation. Page71
TOGEfHERAGAINST CANCER (A company limited by guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Structure, governance and management {continued) Risk management The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to the major risks. The major risks identified are a5 follows: Raisin enou h mone to meet the earl bud et The Board of Trustees and the management team have been actively pursuing fundraising personnel to assist TAC in its fundraising effiirts. When it come5 to raising moneyfor chartty work there are only a few successful methods that a charity can pursue. The most successful over the years is to develop a database of committed donors who will support the efforts of the charity over an extended period. Once the database is established it is in the best interest of the charity to begin to communicate with these donors, especially the ones who have given repeatedly with the substantial donations. as to their willingness to Tnake larger donations. capttal donations or legary bequests. Approved by order of the members of the board of Trustees and signed on their behalf by- Mr Lawrence MacKay Trustee Date.. 2 a2J2 Page81
TOGETHER AGAINST CANCER (A company limited by guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Independent Examiner's Report to the Trustees of Together Against Cancer ('the charity.) I report to the charrty trustees {who are also Direttors for the purpose of company lawl on my examination of the financial statement5 of the Together Against Cancer I'the charitable company'} for the year ended 31 December 2024 which comprise of the Statement of Financial Acttvities. the Balance Sheet, the Statement of Cash Flows and related notes. This report is made solelyto the charity's trustees. as a body, in accordance with section 145 of the Charitie5 Act 2011. My work has been undertaken so that I might state to the charivs trustees those matters l am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charit¢s trustees as a body, for my work, for this report. orfor the opinions I have formed. Responsibilities and Basis of Report As the trustees of a charitable company, you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Art 2006 {'the 2006 Acy). Having satisfied myself that the financial statements of the charitable company are not required to be audited under Part 16 of the Act and are eligible for independent examination, I report in respect of my examination of the charitable compan¢s financial statements carried out under section 145 of the Ch2rtties Act 20111'the 2011 Act'l and in carrying out my examination I have followed all the applicable Dirertions given by the Charity Commission under section 14515llb) of the 2011 Act. An independent examination doe5 not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audtt go beyond the limited assurance that an independent examination can provide. Consequently, l express no opinion asto whetherthe financial statements present a 'true and fairf view and my report is limited to those specrfic matters set out in the independent examinerfs statement. Page 10 I
TOGETHERAGAINST CANCER {A company limited by guarantee) INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Independent Examiner's Statement Since the charitable cornpanws gross income exceeded E250,OOOyour examiner must be a member of a body listed in section 145 of the 2011 Att. I confirm that l am qualified to undertake the examination because l am a member of ICAEW specify other appropriate body, which is one of the listed bodies. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: l. accounting records were not kept in respect of the charity a5 required by section 386 of the 2006 Act: or 2. the financial statements do not accord with those records; or 3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair, view which is not a matter considered as part of an independent examination; or 4. 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}. 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 to enable a proper understanding of the financial statements to be reached. Signed: Dated.. It Key Accountants {Midlands) Ltd Office 5 The Forest Rock Offices Leicester Road Whitwick Leicestershire LE67 5GQ Page 11 I
TOGETHERAGAINST CANCER (A company limited by guarantee) STATEMENT OF FINANCIAL AcfiviTIES (INCORPORATING INCOME AND EXPENDITUREACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestrirted funds 2024 Restricted funds 2024 Totsl Funds 2024 Total Funds Note Income from: Donations and legacie5 Charitable activities Other trading activtties Investments 432.019 432.019 532,026 195 195 763 1,003 490 542 542 Total income 432.756 432.756 534.282 Expenditure on: Raising funds Charitable artivities 42.605 42.605 392,944 42.768 392.944 468,386 Total expenditure 435,549 435.549 511,154 Net movement in funds (2.793) (2.793) 23,128 Reconciliation of funds". Total funds broughtforward Net movement in funds 291.179 12.793) 24.343 315.522 {2.793) 292,394 23,128 Total funds carried fonward 288,386 24.343 312.729 315,522 The notes on pages 13 to 30 form part of these financial statements. Page 121
TOGETHER AGAINST CANCER {A company limited by guarantee} REGISTERED NUMBER". 06471938 BALANCESHE AS AT 31 DECEMBER 2024 2024 2023 Note Tangible assets 17 2.778 3,978 Current a55ets 2.778 3.978 Stocks Debtor5 Cash at bank and in hand 18 19 1,500 50.797 309.173 1,198 30,035 315,023 361.470 346,256 Creditors: amounts falling due within one year 20 (51.519) {34,7121 Net current assets 309.951 311,544 Total net assets 312.729 315,522 Charity funds Restricted funds Unrestricted funds 21 24,343 288.386 24,343 291,179 21 Total funds 312,729 315,522 The charity was entitled to exernption from audtt under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006. The Trustees acknowledge their responsibilities for compiying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies, regime. The financial statements were approved and authorized for issue bythe Trustees and signed on their behalf by.- Mr Lawrence MacKay Trustee Date: /t-08-ZQ2 The notes on pages 13 to 30 form part of these financial statements. Page 131
TOGETHER AGAINST CANCER (A coinpany limited by guarantee) NOTES TO THE FINANCIAL STATEMEKfs FOR THE YEAR ENDED 31 DECEMBER 2024 1.0 General information Together Against Cancer is an incorporated charity registered with the Charity Commission. Its registered office is Unit 2, Charnwood Edge Business Park, Syston Road, Cossington. Leicester, LE7 4UZ. The Company registration number is 06471938 and the registered Charity number is 1123665. 2.0 Accounting policies 2.1 Basis of preparation of financial statements The financial statements have been prepared in accordance with the Charities SORP IFRS 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 Iroland IFRS 1021 leffertive l January 20151, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 and the Companies Act 2006. Together Against Cancer meets the definwtion of a public beneftt enttty under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. 2.2 Company Status The Chartty is a company limtted by guarantee. The members of the company are the Trustees named on page l. In the event of the charity being wound up. the liabilty in respect of the guarantee is limited to £1 per member of the chartty. 2.3 Going concern The Trustees assess whether the use of going concern is appropriate. i.e. whether there are any material uncertaintie5 related to events or conditions that may cast signtficant doubt over the abiltty ofthe charity to continue as a going concern. The Trustees make this assessment in the respect of the period of at least one year form the date of authoris3tion for issue of the financial statements and have concluded that the charity has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about the charity's ability to continue as a going concern, thus they continue to adopt the goinE concern basis of accounting in preparing the financial statements. Page 141
TOGETHERAGAINST CANCER {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies (continued) Income All income is recognised once the charity is legalentit1edt0 Ft afterany performance conditions havebeen met, the amounts can be measured reliably, and is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has beennotified of the donation unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deed of covenant is recognised at the time of donation. Legacies 8 re recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and the receipt is expected. If the amount is not known, the legacyistreated as a contingent asset. Grants are included in the Statement of financial activtties on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt. tts recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received. the income is accrued. Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount realised. Gifts in Kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the Statement of Financial Activities as incoming resources when reasonable. Expenditure Expenditure is recogn i5ed on an accrual's basis, inclusive of Value Added Tax. Expenditure included in costs of generating funds are the charitable company's marketing costs. Expenses relating to charitable activities relate to grants paid and gtfts in kind. Support Costs are alsoincluded within this categoryof expendtture which include consultancy and office support. Grants payables are charged it7 the year when the offer is made except in those case5 where the offeris conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the yearend are noted as acommitment, but not accrued as expenditure. Fund accounting General funds are unrestrirted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Restricted funds are fund5 which are to be used in accordance wÈth specific restrictions imposed by donors orwhich have been raised by the charity for purposes. The costs of raising and administering such fund5 are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Operating leases Renta Is paid under operating leases are charged to the Statement of financial activities on a straight-line basis over the lease term. Page 151
TOGETHER AGAINST CANCER (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies (continued) Tangible fixed assets and depreciation Tangible fixed 35sets costing £500 or more are capitalised and recognised when future economic benefits are probable, and the cost or value of the asset can be measured reliably. Tangible fixed assets are initially recognised at COSt. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condttion should be included in the measurement of cost. Depreciation is charged to allocate the cost of tangible fixed assets less their residual value over their estimated useful live5. Depreciation is provided on the following basis- Fixtures and fittings - 20% on a straight-line basis Office and computer equipment- 33%- 50% on a straight-line basis Stocks Stocks are valued 3t the lower of cost and estimated selling price less costs to complete to Sell. C05t comprises direct materials and where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distributionat no or normal consideration are measured the lower of replacement costs and cost. 2.10 Cash at bank and in hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisitlon oropening of the deposit orsimilar account. Page 161
TOGEfHER AGAINST CANCER (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 DECEMBER 2024 2. Accounting policies (continued) 2.10 Financial instruments The charity has elected to apply the provisions of Section 11 'Bastc Financial Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all its financial instruments. Financial instrument5 are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, wtth the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention tosettle on a net basis or to realise the asset and settle the liabiltty simultaneously. Basis financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transattion price including transaction costs and are subsequently carried out at amortised cost usingthe effective interest method unless the arrangement constitutes a financing transaction. where the transaction is measured at the present value of future receipts discounted at a market rate of interest.Financial assets classified as receivable within one year are not amortised. Basis financial liabilities Basis financial liabilÈties, including creditors, are initially recognised at transaction price unless the arrangement con5tttutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilwties classified as payable within one year are not amortised. Debt instruments are subsequentlycarried at amortised cost. using the effectwe interest rate method. Trade creditors are obligations to pay for goods or serViS that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classrfied as current liabiltties if payment isdue within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recogni5ed initially at transaction price and subsequently measured at amortised cost using the effective interest method. 2.11 Employee benefits The costs of any unused holiday entttlement are recognised in the period in which the employee's services are received. Termination benefits are recognised Immediate as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. 2.12 Pension5 The charity operates a defined contribution pension scheme. and the pension charge represents the amounts Payable bythe charityto the fund in respect of the year. Page 171
TOGEfHER AGAINST CANCER (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMEf4TS FOR THE YEAR ENDED 31 DECEMBER 2024 3. Critical accounting estimates and areas of judgment Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future event5 that are believed to be reasonable under the circumstances. Critical accounting estimates and 3ssumptions: The charity makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustTnent to the carrying amount5 of assets and liabilities wtthin the next financial year are discussed below. Useful economic lives of tangible assets The annual depreciation charge for tangible assets is sensittve to changes in the estimated useful economic lives and residual values of the assets. The usefijl economic lives and residual values are re- 25sessed annually. They are amended when necessary to reflect current estimates. based on technological advancement, future investments, economic utilisation, and the physical condition of the assets. See note 17 for the carrying amount of the tangible assets and note 2 for the useful economic lives for each class of assets. Income from donations and legacies Unrestricted funds 2024 Restrirted funds 2024 Total funds 2024 Total funds 2023 Donations Legacies Grants 397.726 34,293 397.726 34.293 474,719 48,824 8,483 Total 2024 432,019 432.019 532,026 Total 2023 525,040 6,986 532.026 Income from charitable activities Unrestricted funds 2024 Total funds 2024 Total funds 2023 Workshops, classes. and events 195 195 763 195 195 763 Page 181
TOGETHER AGAINST CANCER (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Income from other trading activities Income from fundraising events Unrestricted funds 2024 Total funds 2024 Total funds 2023 Sale of merchandise 1,003 1,003 Investment income Unrestricted funds 2024 Total funds 2024 Total funds 2023 Proftt on sale of fixed asset5 Bank interest received 542 542 490 542 542 490 Expenditure on raising funds Costs of raising voluntary income Unrestrirted funds 2024 Total nds 2024 Total funds 2023 Other fundraising costs Wages and salaries National insurance Pension costs 15.772 20,192 4.876 1.765 15,772 20.192 4.876 1,765 16,861 18,388 5.752 1,767 42.605 42,605 42,768 Analysis of grants Grants to institutions 2024 Total funds 2024 Total funds 2023 Grants payable Page 191
TOGETHER AGAINST CANCER (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 io. Grants payable Grants to institutions Total funds 2024 Total funds 2023 Mary How Trust Destiny Medical Fund Patient Funding- HBO Therapy The Foundation for Collaborative Medicine and Research ii. Analysis of expenditure by activtties Direct costs 2024 Grants payable 2024 Support c¢)sts 2024 Total funds 2024 Total funds 2023 Charitable activtties Grant giving 291,051 101.893 392.944 468,387 Total 2023 291.051 101.893 392,944 468,387 Total 2023 371,115 97,272 468,387 Analysis of dirert costs Total funds 2024 Total funds 2023 Staff costs Cancer awareness and support and marketing Nutrition workshops and conferences 56,299 158.668 1,545 77,354 221,924 1,308 216,512 300,586 Page 201
TOGEfHER AGAINST CANCER (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 11. Analysis of expenditure by activities (continued) Analysis of support costs Totsl funds 2024 Total funds 2023 Staff costs Depreciation Cancer awareness and support and marketing Management charges Marketing Repairs and maintenance Rent and rates Governance costs (see note 12) 35.422 1,200 32,986 5,791 36.470 9.572 7.473 11,757 74.539 36,000 7,924 2,894 11,677 70,529 176,433 167,801 12. Governance costs Total funds 2024 Total funds 2023 Accountancy Examiners fees Legal and professional fees Bank charges and foreign exchange differences Office support costs Travel and subsistence 482 4.800 1,845 11,943 54,274 1.195 6,887 4,800 5,366 11,721 41.040 715 74.539 70,529 Page 211
TOGEfHERAGAINST CANCER (A company limited by guarantee) NOTES TO THE FINANCIAL StATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 13. Independent examiner's remuneration 2024 2023 Fees payable to the charity's independent examiner for the independent examination of the charty's annual accounts 4.800 4,800 Fees payable to the charity's independent examiner in respect of- All other services not included above 6,887 14. Staff Costs 2024 2023 Wages and sa13ries Social security Costs Pension costs 111,913 4.876 1.765 128,303 5,752 1,766 118,554 135.821 The average number Of persons employed by the charrty during the year was as follows= 2024 2023 No. Employees No employee received remuneration amounting to more than £60,OIX] in either year. The key management personnel of the charity comprise of the Trustees who do not receive any direct remuneration and management staff in our UK centre. Page 221
TOGEfHER AGAINST CANCER (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 15. Trustees. remuneration and expenses During the year, no Trustees received any remuneration or other benefits12023-£NILI. During the year ended 31 December 2024, no Trustee expenses have been incurred12023- £NIL). 16. Volunteers The charity benefited from the work of sever31 volunteers who are involved in admin/workshop and therapist sessions. 17. Tangible fixed assets Office and computer equtpment Fixtures and fittings Total Cost or valuation At lJanuary2024 Additions Disposals 172 17,248 17,420 At 31 December 2024 172 17,248 17.420 Depreciation At l January 2024 Charge for the year On disposals 80 34 13,362 1.166 13,442 3,921 At 31 December 2024 115 14,528 17,363 Net book value At 31 December 2024 58 2.720 2,778 At 31 December 2023 92 3886 3978 Page 231
TOGETHER AGAINST CANCER (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 18. Stocks 2024 2023 Finished goods and goods for resale 1.500 1,198 19. Debtors 2024 2023 Trade debtors Other debtors Prepayments and accrued income 6.386 4.745 39,666 4,150 25,885 50,797 30,035 20. Creditors: Amounts falling due within one year 2024 2023 Trade creditors Taxation and social security Other creditors Accruals and deferred income 25.570 650 398 24.911 27,243 1,123 391 5,955 34,712 Page 241
TOGETHERAGAINST CANCER (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 21. Statement of funds Statement ol funds- current year Balance at l January 2024 Balance at 31 December 2024 Transfers In/out Income Expenditure Unrestricted funds General funds 291.179 432.756 (435.5491 288,386 Total Unrestyicted funds 291.179 432.756 {435.549) 288,386 Restricted fvnds John Lewis- West Sussex John Lewis- Basing5toke Gerson Support Group Mark Beams fundraiser Pink Ribbon grant 638 930 9.199 1,915 11.661 638 930 9,199 1,915 11.661 Total Restricted funds 24.343 24,343 Total of funds 315,522 432.756 (435,549} 312,729 Page 251
TOGETHER AGAINST CANCER (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 21. Statement of funds (continued) Statement of funds- prior year Balance at l January 2023 Balance at 31 January 2023 Transfers In/out Income Expendtture Unrestritted funds General funds 275.037 527,296 1511,1541 291.179 Total Unrestrirted fund5 275,037 527.296 (511.154) 291,179 Restrirted funds John Lewis- West Sussex John Lewis - Basingstoke Gerson Support Group Mark Beams fundraiser Pink Ribbon Erant 638 930 9,199 1,915 4,675 638 930 9.199 1,915 11.661 6,986 Total Restricted funds 17.357 6.986 24,343 Total of funds 292.394 534,282 (511.154) 315,522 Page 261
TOGETHER AGAINST CANCER {A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 statement of funds (continued) 21. The specific purposes forwhich the funds are applied are as follows. Restrirted Funds The John Lewis West Sussexfunding was received to be used towards the patient funding programme to help those patients in the Horsham and West Sussex area. The unspent funds have been carried forward. The John Lewis Basingstoke funding was received to be used towards the patientfunding programme to helpthose patients in the Basingstoke area. The unspent fund5 have been carried fomard. The charity received income from the Gerson Support Group for three projerts. l. Vegetable boxes for patients: these funds were spent in full during the year. 2. TAC Connected funds, to be used towards the cost of workshops, developing, and hosting online courses on the Healing Hub, contributions towards grant and event management, talks at the centre and live streamed content. The funds received from the Mark Beams fundraiser are in respect of fundraising events held. Some funds were raised towards the cost of meditation videos as part of the TAC Connected project. The income has helped to fund the cost of two videos. Fund5 were also raised to help to provide mobile therapy sessions for patients who are unable to attend the centre. The Pink Ribbon grant was received to provide therapy sessions for breast cancer patients with the aim to provide two therapies per client for a total of forty clients over a two-year timeline. Page 271
TOGETHER AGAINST CANCER (A company limtted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 22. Analysis of net assets between funds Analysis of net assets between fund5- current year Unrestricted funds 2024 Restrirted funds 2024 Total funds 2024 Tangible fixed assets Current assets Credrtors due within one year 2.778 361,470 (51,519) 2.778 361,470 {51,519) Totsl 312.729 312.729 Analysis of net assets between funds - prior year Unrestricted funds 2023 Restricted funds 2023 Total funds 2023 Tangible fixed assets Current assets Creditor5 due wtthin one year 3,978 339,270 (34,7121 3,978 346,256 134,712} 6,986 Totsl 308,536 6.986 315,522 Page 281
TOGEfHER AGAINST CANCER (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 23. Reconciltation of net movement in funds to net cash flow from operating activities 2024 2023 Net income/expendtture for the year las per Statement of Financial Activttiesl {2,793) 23,128 Adjustments for: Depreciation charges Dividends, interests, and rents from investments Loss/lprofitl on the sale of fixed assets Decrease/(increasel in stocks Increase in debtors Increase/ldecreasel in creditors 1,200 5,791 (302) {20,762) 16.807 432 15,665 140,909} Net cash provided by/(used in) operating attivities (5,850) 4,109 Analysis of cash and cash equivalents 2024 2023 Cash in hand 309.173 315,023 Totsl cash and cash equivalents 309.173 315,023 25. Analysis of changes in net debt At l January 2024 At31 December 2024 Cashflows Cash at bank and in hand 315,023 {5.850} 309,173 Total 315.023 (5.850) 309,173 Page 291
TOGETHERAGAINST CANCER (A company limited by guarantee) NOTE5 TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 26. Pension commitments The charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fijnd. The pension cost charge represents contributions payable by the group to the fund and amounted to £1,76512023- £1,766). Contributions payable to the fund and included in creditors at the balance sheet date are £39812023 - £391). 27. Related party transattions During the year the charity received £nil12023 £nil) in donations from and paid £36,47012023 - £36,000) and £12,000 {2023 - £15,0(K)) in management fees and donations respectively to Cancer Aid and Research Fund. Together Against Cancer's affiliate charity in the USA. In addition to being a Trustee of Together Against Cancer. Lawrence MacKay is also the president and Founderof this affiliate charrty. The charity also incurred consultancy fees amounting to £nil (2023 - £nil) from Creative Journey.This company is owned by Kimberly Aldridge, the daughterof Lawrence and Joy MacK3y. who are both Trustees of TogetherAgainst Cancer. These consultancyfees are paid at ami's length. Page 301