**REGISTERED COMPANY NUMBER: 06362972 (England and Wales) REGISTERED CHARITY NUMBER: 1124057**
## **SUE YOUNG CANCER SUPPORT IN LEICESTERSHIRE AND RUTLAND**
**REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
Mark J Rees LLP Chartered Accountants Granville Hall Granville Road Leicester Leicestershire LE1 7RU
**SUE YOUNG CANCER SUPPORT IN LEICESTERSHIRE AND RUTLAND**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
**----- Start of picture text -----**
Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7 to 8
Notes to the Financial Statements 9 to 19
Detailed Statement of Financial Activities 20 to 21
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**SUE YOUNG CANCER SUPPORT IN LEICESTERSHIRE AND RUTLAND**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
The Trustees, who are also Directors, present their report along with their unaudited financial statements for the year ended 31 March 2022. The Trustees have adopted the provisions of the Statement of Recommended Practice (FRS 102 SORP) "Accounting and Reporting by Charities" issued in 2014 in preparing the annual report and financial statements of the charity.
## **Objectives and Activities**
The Charity's objectives are to provide practical and emotional support to anyone affected by cancer in Leicestershire and Rutland which includes their families, their carers and friends.
Throughout the past 2 years, the Charity's services have been severely curtailed by the Covid-19 pandemic.The Charity takes the safety of our staff, volunteers and service users seriously and, consequently, even after the National restrictions were lifted in June 2021, the Charity took a cautious view, having been recommended to do so by its external Health and Safety advisers as many of our service users were deemed to be clinically vulnerable. Our services were gradually restored in the final quarter of 2021 to deal with the pent-up demand for our complete range of services, particularly for mental health and well-being issues exacerbated by the covid-19 pandemic. Apart from addressing our service users needs in these areas, our principal services have been counselling, befriending, complementary therapies and support groups including 3 new groups established in the past 12 months.
## **Summary of Main Achievements**
Despite the challenges brought about by the pandemic the charity marked some significant achievements and made considerable progress in a number of areas.
In September 2021, the Charity welcomed Michael Kapur Esq OBE, Her Majesty's Lord Lieutenant of Leicestershire to the Charity's premises to mark the 40th Anniversary of the formation of the Charity. The founder of the Charity, Mrs Sue Young travelled from Leeds for the celebrations. The event presented an opportunity for the Trustees and staff to meet a cross section of service users, corporate donors, volunteers in relaxing surroundings, and was a resounding success in public relations. A separate evening was also arranged for the Trustees to thank volunteers for their invaluable support.
The Charity now has approx. 60 volunteers, of which 30 are counsellors, and we have over 400 service users who use our services at least once a week.
The Charity has forged links with other National Cancer charities and has encouraged small local groups formed for specific cancer patients to use our facilities free of charge. We firmly believe that our Charity should support these specialist cancer groups as appropriate, treating them not as competitors but providing a supplementary service to what we provide.
In August 2021, the Charity promoted Mr Courtney Nangle as Charity Manager. Courtney brings with him a wealth of Charity experience and for a number of years, he has been a volunteer for the Charity, an independent consultant for the Charity prior to taking up a full-time role as Charity Manager.
Our accounting had previously been undertaken by a book-keeper but from November 2021, a volunteer who has many years experience in accountancy has taken over the role and is able to provide accurate financial information in a timely manner.
## **Governance**
The Charity was established in 1981 and became a charitable company Limited by Guarantee in 2008. It is governed by a Memorandum and Articles of Association.
Page 1
**SUE YOUNG CANCER SUPPORT IN LEICESTERSHIRE AND RUTLAND**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
The Charity is governed by a Board of Trustees which usually meets every 2 months.The Board is authorised to appoint new Trustees to fill any vacancies, using a selection procedure consisting of submission of a Curriculum Vitae and supporting application, followed by an Interview Panel, references and a DBS check. The Trustees receive regular performance reports from the Charity Manager, who has delegated authority, concerning management, operations, fundraising, finance and staffing.
## **Management of Risk and COVID-19**
The Trustees are aware of the risk factors involved with the running of a registered Charity. The Trustees have a risk management strategy which comprises a regular review of risks the Charity may face, the establishment of systems and procedures to manage and mitigate those, and a review of all procedures/policies regularly to ensure that any identifiable risks are appropriately dealt with.
The Charity has also adopted a Pandemic Policy along with a Covid-19 Health and Safety Policy and Risk Assessment. The Charity takes the safety of our staff, volunteers and service users seriously and, consequently, even after the National restrictions were lifted in June 2021, the Charity took a cautious view, having been recommended to do so by its external Health and Safety advisers as many of our service users were deemed to be clinically vulnerable.
## **Finance and Funding**
The total income for the year was £206,423 (2021: £211,763) which, after deducting expenditure of £247,988 (2021: £157,868) resulted in net expenditure of £41,565 (2021: net income of £53,895). At 31 March 2022 the charity had total reserves of £712,394 (2021: £753,959).
The Charity has forged links with local partners, such as the local authorities in Leicestershire and Rutland, as well as GP and hospital services, from which the Charity receives regular referrals. A wide range of funders and donors have provided varying degrees of support, and we will continue to work hard to improve our ongoing relationships with both funders and other supporters.
## **Reserves Policy**
Sue Young Cancer Support in Leicestershire & Rutland has identified that a minimum level of unrestricted reserve funds should be set to counterbalance trading uncertainty and produce a base level for stability.
The Board has identified that the level of unrestricted funds held should be set at a minimum level of six months' unrestricted expenditure on charitable activities, being the level suggested by the Charity Commission. In the 2022 financial period, 6 months of unrestricted expenditure was £98,657. The Trustees have also decided that the value of the freehold property should be excluded from the value of unrestricted funds held at the year-end for the purpose of reviewing this policy. The level of unrestricted funds held as at 31 March 2022 excluding the value of the freehold property was £74,706 (2021: £140,824). The Trustees are mindful that at the year end the level of unrestricted funds was insufficient to meet their agreed strict formula and every effort will be made in the current financial year to ensure that it is achieved.
This policy and the financial data will be kept under strict review at each Board Meeting, and adjusted as the Board finds appropriate and necessary, based on guidance from the financial advisors.
## **Our Volunteers**
The Charity relies on volunteers to deliver the majority of its services. Around 60 volunteers offer their time to the Charity, as counsellors, complementary therapists, befrienders, and help at support groups and at fundraising events. The contributions of our volunteers enrich the work of the Charity and without their support, we would not be able to offer the range and depth of services we have provided. Their support is invaluable, and will continue to be so as we move into the next period, and we are greatly indebted to all our volunteers.
Page 2
**SUE YOUNG CANCER SUPPORT IN LEICESTERSHIRE AND RUTLAND**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
## **Public Benefit**
The Trustees have complied with their duty to have regard to the guidance on public benefit published by the Charity Commission in exercising their duties. Our main activities and who we help are explained above. All our charitable activities focus on the provision of information and support to those affected by cancer and are undertaken to further our charitable purposes for the public benefit.
## **Trustees' Responsibility Statement**
The Trustees (who are also directors of Sue Young Cancer Support in Leicestershire and Rutland for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the Trustees to prepare financial statements for each financial year. Under that law the Trustees have elected to prepare financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland. Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles of the Charities SORP (FRS 102);
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the provision and detection of fraud and other irregularities.
## **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.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
06362972 (England and Wales)
## **Registered Charity number**
1124057
Page 3
**SUE YOUNG CANCER SUPPORT IN LEICESTERSHIRE AND RUTLAND**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022**
## **Registered office**
Helen Webb House 35 Westleigh Road Leicester Leicestershire LE3 0HH
## **Trustees**
Ms L O'Boy Chair (resigned 4.6.2021) Mrs R Huthwaite Mr W Richmond Chair Mrs S J Havinden (resigned 9.7.2022) Mr B Singh Poonia (resigned 9.8.2021) Mr N Inge (resigned 30.4.2021) Prof W F Fagan (resigned 13.1.2022) Mr R J P Clarke (appointed 30.4.2021) (resigned 27.5.2022)
Mr D Hackett was appointed as a trustee on 22.4.2022 and resigned on 9.7.2022. Mrs C Shelley was appointed as a trustee on 22.4.2022.
Mr W Richmond was appointed chair, following Ms L O'Boy's resignation on 4.6.2022. Mr C Nangle is the charity manager.
## **Life President**
Mrs Sue Young
## **Independent Examiner**
Mark J Rees LLP Chartered Accountants Granville Hall Granville Road Leicester Leicestershire LE1 7RU
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 26 October 2022 and signed on its behalf by:
Mr W Richmond - Trustee
Page 4
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SUE YOUNG CANCER SUPPORT IN LEICESTERSHIRE AND RUTLAND**
## **Independent examiner's report to the trustees of Sue Young Cancer Support in Leicestershire and Rutland ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.
## **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
3. 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
4. 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.
## **Use of our report**
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our work, for this report, or for the opinions we have formed.
Mr P Bott FCA BSc (Hons) Mark J Rees LLP Chartered Accountants Granville Hall Granville Road Leicester Leicestershire LE1 7RU
31 October 2022
Page 5
**SUE YOUNG CANCER SUPPORT IN LEICESTERSHIRE AND RUTLAND**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2022**
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**132,393**
Investment income
3
**3**
Other income
**-**
**Total**
**132,396**
**EXPENDITURE ON**
**Charitable activities**
4
Cancer support services
**197,314**
**NET INCOME/(EXPENDITURE)**
**(64,918)**
**Transfers between funds**
14
**(1,200)**
**Net movement in funds**
**(66,118)**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**740,824**
**TOTAL FUNDS CARRIED FORWARD**
**674,706**|Restricted
funds
£
**74,027**
**-**
**-**
**74,027**
**50,674**
**23,353**
**1,200**
**24,553**
**13,135**
**37,688**|**2022**
**Total**
**funds**
**£**
**206,420**
**3**
**-**
**206,423**
**247,988**
**(41,565)**
**-**
**(41,565)**
**753,959**
**712,394**|2021
Total
funds
£
211,113
109
541
211,763
157,868
53,895
-
53,895
700,064
753,959|
|---|---|---|---|
The notes form part of these financial statements
Page 6
**SUE YOUNG CANCER SUPPORT IN LEICESTERSHIRE AND RUTLAND**
## **BALANCE SHEET 31 MARCH 2022**
|Notes
**FIXED ASSETS**
Tangible assets
10
**CURRENT ASSETS**
Debtors
11
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
12
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
14
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
funds
£
**600,186**
**9,811**
**76,294**
**86,105**
**(11,585)**
**74,520**
**674,706**
**674,706**|Restricted
funds
£
**-**
**29,094**
**8,594**
**37,688**
**-**
**37,688**
**37,688**
**37,688**|**2022**
**Total**
**funds**
**£**
**600,186**
**38,905**
**84,888**
**123,793**
**(11,585)**
**112,208**
**712,394**
**712,394**
**674,706**
**37,688**
**712,394**|2021
Total
funds
£
600,372
80,663
151,445
232,108
(78,521)
153,587
753,959
753,959
740,824
13,135
753,959|
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 7
**SUE YOUNG CANCER SUPPORT IN LEICESTERSHIRE AND RUTLAND**
## **BALANCE SHEET - continued 31 MARCH 2022**
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 26 October 2022 and were signed on its behalf by:
Mr W Richmond - Trustee
The notes form part of these financial statements
Page 8
**SUE YOUNG CANCER SUPPORT IN LEICESTERSHIRE AND RUTLAND**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022**
## **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, as modified by the revaluation of certain assets.
## **Financial reporting standard 102 - reduced disclosure exemption**
The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
## **Income**
All incoming resources including donations, gifts, legacies and grants are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be qualified with reasonable accuracy. Income received under gift aid includes the related income tax recoverable. Donations, gifts, legacies and grants from various organisations and individuals have been included as incoming resources from the charitable activities where these amount to a contract for services, but as voluntary income where they have been given as core funding or with greater freedom of use. Investment income comprising interest receivable is included when receivable by the charity.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
**----- Start of picture text -----**
|||
|---|---|
|Freehold property|2% per annum on cost|
|Freehold property improvements|5% per annum on cost|
|Computer equipment|33% per annum on cost|
|Office equipment|20% per annum on cost|
|Donated assets|20% on reducing balance|
**----- End of picture text -----**
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
continued...
Page 9
**SUE YOUNG CANCER SUPPORT IN LEICESTERSHIRE AND RUTLAND**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **1. ACCOUNTING POLICIES - continued**
## **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.
## **Debtors**
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
## **Creditors**
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **2. DONATIONS AND LEGACIES**
|Donations and Fundraising
Gift aid
Legacies
Grants
Government grants
Grants received, included in the above, are as follows:
Leicester City CCG
Arc
The Morrisons Foundation
Groundwork UK
The National Lottery Community Fund
Intelligent Energy Trust
Postcode Places - Lottery
Community Foundation
Other grants|**2022**
**£**
**91,454**
**16,791**
**5,863**
**74,027**
**18,285**
**206,420**
**2022**
**£**
**8,000**
**-**
**-**
**-**
**-**
**7,171**
**19,060**
**28,094**
**11,702**
**74,027**|2021
£
62,282
-
25,000
113,678
10,153
211,113
2021
£
22,136
30,000
6,315
6,166
43,298
-
-
-
5,763
113,678|
|---|---|---|
continued...
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**SUE YOUNG CANCER SUPPORT IN LEICESTERSHIRE AND RUTLAND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
|**3.**
**INVESTMENT INCOME**
Deposit account interest
**4.**
**CHARITABLE ACTIVITIES COSTS**
Cancer support services
**5.**
**SUPPORT COSTS**
Cancer support services
**6.**
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
Independent examiners remuneration
Depreciation - owned assets|**2022**
**£**
**3**
Support
Direct
costs (see
Costs
note 5)
£
£
**218,452**
**29,536**
Governance
Finance
costs
£
£
**501**
**29,035**|**2022**
**£**
**3**
Support
Direct
costs (see
Costs
note 5)
£
£
**218,452**
**29,536**
Governance
Finance
costs
£
£
**501**
**29,035**|**2022**
**£**
**3**
Support
Direct
costs (see
Costs
note 5)
£
£
**218,452**
**29,536**
Governance
Finance
costs
£
£
**501**
**29,035**|**2022**
**£**
**3**
Support
Direct
costs (see
Costs
note 5)
£
£
**218,452**
**29,536**
Governance
Finance
costs
£
£
**501**
**29,035**||2021
£
109
Totals
£
**247,988**
Totals
£
**29,536**|
|---|---|---|---|---|---|---|
|||||**2022**
**£**
**3,420**
**186**||2021
£
4,350
214|
## **7. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
continued...
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**SUE YOUNG CANCER SUPPORT IN LEICESTERSHIRE AND RUTLAND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **8. STAFF COSTS**
|Wages and salaries
Social security costs
Other pension costs|**2022**
**£**
**144,187**
**6,715**
**3,169**
**154,071**|2021
£
62,654
4,467
1,125
68,246|
|---|---|---|
## **Remuneration of key management personnel**
Key management personnel are deemed to be those having authority and responsibility, delegated to them by the trustees for planning, directing and controlling the activities of the charity. The key management personnel of the charity comprised the Operations Manager and Charity Manager. The total employee benefits of the key management personnel of the charity amounted to £NIL (2021: £29,500). The total employee remuneration of the key management personnel of the charity amount to £62,455(2021: £32,362)
The average monthly number of employees during the year was as follows:
|**2022**
Charitable activities
**4**
Management and administration
**2**
**6**
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - 31 MARCH 2021**
Unrestricted
Restricted
funds
funds
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
185,497
25,616
Investment income
109
-
Other income
541
-
**Total**
186,147
25,616
**EXPENDITURE ON**
**Charitable activities**
Cancer support services
145,387
12,481
**NET INCOME**
40,760
13,135
**Transfers between funds**
9,503
(9,503)
**Net movement in funds**
50,263
3,632|2021
1
2
3
Total
funds
£
211,113
109
541
211,763
157,868
53,895
-
53,895|
|---|---|
## **9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - 31 MARCH 2021**
continued...
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**SUE YOUNG CANCER SUPPORT IN LEICESTERSHIRE AND RUTLAND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
|**9.**
**COMPARATIVES FOR THE STATEMENT OF**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**
**10.**
**TANGIBLE FIXED ASSETS**
Freehold
property
£
**COST**
At 1 April 2021 and
31 March 2022
**600,000**
**DEPRECIATION**
At 1 April 2021
**-**
Charge for year
**-**
At 31 March 2022
**-**
**NET BOOK VALUE**
At 31 March 2022
**600,000**
At 31 March 2021
600,000|**FINANCIAL ACTIVITIES - 31 MARCH 2021**
Unrestricted
Restricted
funds
funds
£
£
690,561
9,503
740,824
13,135
Fixtures
and
Donated
Computer
fittings
assets
equipment
£
£
£
**27,508**
**301**
**24,308**
**27,136**
**301**
**24,308**
**186**
**-**
**-**
**27,322**
**301**
**24,308**
**186**
**-**
**-**
372
-
-|**- continued**
Total
funds
£
700,064
753,959
Totals
£
**652,117**
**51,745**
**186**
**51,931**
**600,186**
600,372|
|---|---|---|
Freehold property was valued on an open market basis on 23 June 2020 by PG Tew FRICS of Peter Tew and Company. The property was also internally valued by the Trustees on 31 March 2022 where it was deemed that the fair value of the property was equal to the valuation as performed by Peter Tew and Company.
Freehold property is depreciated at 2% on cost per annum and property improvements at 5% on cost per annum, included within freehold property is freehold land of £150,000 (2021: £150,000) that is not depreciated. At the year end the residual value of the property was deemed to be equal to the cost per the accounts (see paragraph above regarding the revaluation of the property) resulting in a £nil depreciable amount and a £nil depreciation charge in the year.
Cost or valuation at 31 March 2022 is represented by:
Fixtures Freehold and Donated Computer property fittings assets equipment Total
continued...
Page 13
**SUE YOUNG CANCER SUPPORT IN LEICESTERSHIRE AND RUTLAND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **10. TANGIBLE FIXED ASSETS - continued**
**----- Start of picture text -----**
£ £ £ £ £
Valuation in 2020 600,000 - - - 600,000
Cost - 27,508 301 24,308 52,117
600,000 27,508 301 24,308 652,117
**----- End of picture text -----**
If freehold property had not been revalued it would have been included at the following historical cost:
|Cost
Value of land in freehold property
**11.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
**12.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Bank loans and overdrafts (see note 13)
Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income|2022|2022|2021|2021|
|---|---|---|---|---|
||£||£||
||423,639||423,639||
||||||
|||40,000||40,000|
||||||
|||**2022**
**£**
**38,905**
**2022**
**£**
**-**
**4,043**
**3,059**
**1,063**
**3,420**
**11,585**||2021
£
80,663
2021
£
74,375
1,536
-
180
2,430
78,521|
continued...
Page 14
**SUE YOUNG CANCER SUPPORT IN LEICESTERSHIRE AND RUTLAND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **13. LOANS**
An analysis of the maturity of loans is given below:
**----- Start of picture text -----**
||||
|---|---|---|
|2022|2021|
|£|£|
|Amounts falling due within one year on demand:|
|Bank overdrafts|-|74,375|
**----- End of picture text -----**
The above bank overdraft for 2021 was the net expenditure figure in relation to Leicester's One Big Weekend. This was recovered in 2022.
## **14. MOVEMENT IN FUNDS**
**----- Start of picture text -----**
||||||
|---|---|---|---|---|
|Net|Transfers|
|movement|between|At|
|At 1.4.21|in funds|funds|31.3.22|
|£|£|£|£|
|Unrestricted funds|
|General fund|472,855|(64,918)|(1,200)|406,737|
|Revaluation reserve|267,969|-|-|267,969|
|740,824|(64,918)|(1,200)|674,706|
|Restricted funds|
|-|-|
|Big Lottery Funding|4,014|(4,014)|
|-|-|
|Mercia Funding|5,321|(5,321)|
|-|
|LCC Community Funding|2,900|25,194|28,094|
|Media Allocation|900|(900)|-|-|
|Leicester CMF|-|185|-|185|
|MOTO|-|500|-|500|
|ASDA|-|882|-|882|
|-|-|
|Lottery|(1,137)|1,137|
|-|-|
|Betty Messenger Foundation|1,000|1,000|
|LCC|-|(63)|63|-|
|-|-|
|Intelligent Energy Trust|7,027|7,027|
|13,135|23,353|1,200|37,688|
|TOTAL FUNDS|753,959|(41,565)|-|712,394|
**----- End of picture text -----**
continued...
Page 15
**SUE YOUNG CANCER SUPPORT IN LEICESTERSHIRE AND RUTLAND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **14. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Big Lottery Funding
Mercia Funding
LCC Community Funding
Media Allocation
Blaby District Council
Leicester CMF
Oadby & Wigston Lions
MOTO
ASDA
Screwfix
Lottery
Betty Messenger Foundation
LCC
Intelligent Energy Trust
**TOTAL FUNDS**|Incoming
resources
£
**132,396**
**-**
**-**
**28,094**
**-**
**200**
**3,630**
**450**
**500**
**922**
**5,000**
**19,060**
**1,000**
**8,000**
**7,171**
**74,027**
**206,423**|Resources
Movement
expended
in funds
£
£
**(197,314)**
**(64,918)**
**(4,014)**
**(4,014)**
**(5,321)**
**(5,321)**
**(2,900)**
**25,194**
**(900)**
**(900)**
**(200)**
**-**
**(3,445)**
**185**
**(450)**
**-**
**-**
**500**
**(40)**
**882**
**(5,000)**
**-**
**(20,197)**
**(1,137)**
**-**
**1,000**
**(8,063)**
**(63)**
**(144)**
**7,027**
**(50,674)**
**23,353**
**(247,988)**
**(41,565)**|
|---|---|---|
continued...
Page 16
**SUE YOUNG CANCER SUPPORT IN LEICESTERSHIRE AND RUTLAND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **14. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
Leicester Time Out
Wanlip Time Out
Market Harborough Time Out
Revaluation reserve
**Restricted funds**
LCC Fencing Grant
Leicester Lions Kitchen Grant
MacMillan Project
The Allotment Fund
Big Lottery Funding
Mercia Funding
LCC Community Funding
Media Allocation
**TOTAL FUNDS**|At 1.4.20
£
410,613
4,929
4,491
874
269,654
690,561
1,507
4,605
3,191
200
-
-
-
-
9,503
700,064|Net
movement
in funds
£
40,760
-
-
-
-
40,760
-
-
-
-
4,014
5,321
2,900
900
13,135
53,895|Transfers
between
funds
£
21,482
(4,929)
(4,491)
(874)
(1,685)
9,503
(1,507)
(4,605)
(3,191)
(200)
-
-
-
-
(9,503)
-|At
31.3.21
£
472,855
-
-
-
267,969
740,824
-
-
-
-
4,014
5,321
2,900
900
13,135
753,959|
|---|---|---|---|---|
continued...
Page 17
**SUE YOUNG CANCER SUPPORT IN LEICESTERSHIRE AND RUTLAND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **14. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Big Lottery Funding
Mercia Funding
LCC Community Funding
Media Allocation
Refurbishment Fund
**TOTAL FUNDS**|Incoming
resources
£
186,147
4,014
5,321
2,900
900
12,481
25,616
211,763|Resources
Movement
expended
in funds
£
£
(145,387)
40,760
-
4,014
-
5,321
-
2,900
-
900
(12,481)
-
(12,481)
13,135
(157,868)
53,895|
|---|---|---|
## **Restricted funds details**
## **Name of fund**
## **Description, nature and purpose of fund**
Big Lottery Funding To help support our in the pink program. Mercia Funding To help run our in the pink program in Measham LCC Community Funding To support our activities program. Media Allocation To assist with advertising for in the pink program. Blaby District Council To assist with computer upgrades. Leicester CMF Support for our counselling services. Oadby & Wigston Lions Provision of hardship fund for a family Intelligent Energy To Support our time out provisions Moto To support time out Loughborough Asda Support our Crafts Group Screwfix Building decoration
continued...
Page 18
**SUE YOUNG CANCER SUPPORT IN LEICESTERSHIRE AND RUTLAND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022**
## **15. EMPLOYEE BENEFIT OBLIGATIONS**
The charity contributes to a personal pension scheme in respect of certain employees. The total costs payable in the year were £3,169 (2021: £1,125). Contributions of £1,063 (2021: £180) were outstanding at the year end.
## **16. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2022.
Page 19
**SUE YOUNG CANCER SUPPORT IN LEICESTERSHIRE AND RUTLAND**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations and Fundraising
Gift aid
Legacies
Grants
Government grants
**Investment income**
Deposit account interest
**Other income**
Miscellaneous income
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Wages
Social security
Pensions
Staff expenses
Office costs
Volunteer expenses
Counselling resources
Property costs
Discretionary spending
Other costs
Insurance
Cancer Support Activities
Fixtures and Fittings Depreciation
Donated assets Depreciation
Impairment losses for tangible fixed assets|2022
£
**91,454**
**16,791**
**5,863**
**74,027**
**18,285**
**206,420**
**3**
**-**
**206,423**
**144,187**
**6,715**
**3,169**
**4,890**
**11,911**
**829**
**3,155**
**13,595**
**979**
**508**
**1,740**
**26,588**
**186**
**-**
**-**
**218,452**|2021
£
62,282
-
25,000
113,678
10,153
211,113
109
541
211,763
62,654
4,467
1,125
256
9,240
-
3,413
25,031
786
5,157
-
-
208
6
18
112,361|
|---|---|---|
This page does not form part of the statutory financial statements
Page 20
**SUE YOUNG CANCER SUPPORT IN LEICESTERSHIRE AND RUTLAND**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022**
|**Support costs**
**Finance**
Bank charges
**Governance costs**
Legal and professional fees
Independent examiners remuneration
Total resources expended
**Net (expenditure)/income**|2022
£
**501**
**25,615**
**3,420**
**29,035**
**247,988**
**(41,565)**|2021
£
91
41,066
4,350
45,416
157,868
53,895|
|---|---|---|
This page does not form part of the statutory financial statements
Page 21