2021-03-31-accounts - Force Cancer Charity

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Contents
			Page
Chair and	CEO's Report
Trustees'	Report
Independent Auditor's		Report	25
Statement	of Financial	Activities	29
Balance Sheet			30
Statement	of Cash Flows
Notes to the financial		statements	32

REFERENCE AND ADMINISTRATIVE DETAILS	REFERENCE AND ADMINISTRATIVE DETAILS	REFERENCE AND ADMINISTRATIVE DETAILS	REFERENCE AND ADMINISTRATIVE DETAILS	REFERENCE AND ADMINISTRATIVE DETAILS	REFERENCE AND ADMINISTRATIVE DETAILS	REFERENCE AND ADMINISTRATIVE DETAILS
Registered		Address:				Force Cancer Charity
						Corner House
						Barrack Road
						Exeter
						EX2 5DW Tel:01392402875
Registered		Charity	Number:			1140676
Registered		Company		Number:		07529991
Patron:						Mr Nigel Acheson
Vice-Patrons:						Mr David Cantle
						Mr Mervyn Hayes
Trustees:						Dr Anne Hong —Chair
						Mr Morley Sage —Vice Chair
						Mr Nigel Acheson (resigned	8/12/2020)
						Mrs Ruth Boobier
						Mr Frank Cook (appointed	14/7/20)
						Dr Jenny Forrest
						Dr Sally Kidner
						Mrs Louise Mayor
						Mr Felix Medland
						Mr John Renninson
						Mr Jeremy Roberts
						Mrs Sally Tapp (appointed	8/12/2020)
						Dr Christina Thirlwell
Chief Executive Officer:						Mrs Meriel Fishwick
Finance	8	Income	Generation		Committee:	Mr Morley Sage - Chair
						Dr Anne Hong
						Mr Felix Medland
						Mrs Meriel Fishwick —Chief Executive Officer
						Mrs Julia Pitts —Chief Finance Officer
						Mrs Sarah Daniels —Head	of Income Generation

Statement of Fina	ncial A	ctivities	(Including t	he Income	and Exp	enditure	Account
			Unrestricted	Designated	Restricted	Total	Total
		Note	funds	funds	funds	2021	2020
						F
Income."
Donations and legacies			590,066		238,950	829,016	519,530
Other trading activities			385,910		140	386,050	731,678
Charitable activities			2,593			2,593	20,705
Investment income			2 l,443			21,443	30,321
Other income			3,251			3,251	7,085
Total income			1,003,263		239,090	1,242,353	1,309,319
Expenditure:
Expenditure on raising funds			363,5l3	11,387	3,501	378,401	461,186
Expenditure on charitable	activities		577,375	149,352	272,230	998,957	1,207,772
Total resources expended			940,888	160,739	275,731	1,377,358	1,668,958
Net gains/(losses) on investments		17	91,110			91,110	(31,691)
Net income/(expenditure)			153,485	(160,739)	(36,641)	(43,895)	(391,330)
Transfers between funds		22/23	(136,471)	136,471
Net movement in funds			17,014	(24,268)	(36,641)	(43&895)	(391,330)
Funds at 31 March 2020			1,165,797	293,955	192,970	1,652,722	2,044,052
Funds at 31 March 2021			1,182,811	269,687	156,329	1,608,827	1,652,722

Balance S	hee	t	Company registere	d number 0752999	1
				2021	2020
			Note
Fixed assets
Tangible assets			16	264,632	350,450
Investments			17	305,979	458,039
				570,611	808,489
Current assets
Stocks				7,084	5,883
Debtors			18	93,995	44,957
Investments				170,000	480,259
Cash at bank	and	in hand		1,093,075	463,176
Total current	assets			1,364,154	994,275
Liabilities
Creditors falling due within one year			19	(325,938)	(150,042)
Net current assets				1„038,216	844,233
Net Assets				1,608,827	1,652,722
The funds of	the	charity
Unrestricted	funds
General funds	-	free reserves		1,037,180	997,679
General funds	- fixed asset reserve			145,631	168,118
				1,182,811	1,165,797
Designated funds			22	269,687	293,955
				1,452,498	1,459,752
Restricted funds			23	156,329	192,970
Total charity	funds		21	1,608,827	1,652,722

Statement of Cash Flows	Statement of Cash Flows
					Note	2021	2020
Cash provided by/(used in) operating		activities			27	63,499	(256,169)
Cash flows from investing activities
Dividends,	interest and rents from investment					21,443	30,321
Purchase	of property plant and equipment					(8,472)	(67,943)
Proceeds	from sale of investments					300,163	106,107
Purchase	of investments					(83,927)	(104,988)
Cash used in investing activities						229,207	(36,503)
Changes	in cash and cash equivalents	in the	reporting	period		292,706	(292,672)
Cash and	cash equivalents at the beginning		ofthe			979,580	1,272,252
reporting	period
Cash and	cash equivalents at the end	ofthe	reporting		28	1,272,286	979,580
period

ns and Legacies
	2021	2020
		F
Legacies	264,151	278,701
In memoriam	40,984	48,341
Donations	209,470	80,668
Gift Aid	77,196	40,613
Grants	237,215	71,207
	829,016	519,530

rading Ac	tivities
		2021	2020
Collecting	boxes	7,1I7	19,273
Fundraising	Events	243,562	468,974
Sales of goods and services		6,368	9,757
Shop sales		129,003	233,674
		386,050	731,678

le activities
	2021	2020
Oncology coffee bar	213	15,552
Sale of support services stock	219	3,730
Other charitable activities	2,161	1,423
	2,593	20,705

nt Inc	ome
		2021	2020
		P
Interest	received	3,091	7,614
Flat rent		6,675	6,466
Dividend	income	11,677	16,241
		21,443	30,321

ncome
	2021	2020
Sundry	3,251	7,085
	3,251	7,085

All income is	unrestricted.
Expenditure	on generating	funds

ture on g	enerating fun	ds
			2021	2020
Shop expenditure			161,844	199,317
Fundraising	events		206,008	249,224
Goods for	resale		4,233	6,693
Investment	management	costs	6,316	5,952
			378,401	461,186

ture on	charitable activiti	es
			Note	2021	2020
					P
Patient support costs				607,928	685,833
Outreach	costs			197,199	247,148
Equipment	donated		10	7,600	24,296
Research	and expenditure	grants	11	3,958	53,146
Other grants payable				1,500	3,866
Support services stock sold				2,241	4,776
Extension	depreciation			36,767	36,767
Database	depreciation			10,027	10,027
Oncology	coffee bar			9,402	18,184
Administrative support costs			12	103,438	108,849
Governance costs			13	18,897	14,880
				998,957	1,207,772

accordance with the Charity's o	bjectives. Equipmen	t was purcha	sed and donate	d as follows	:
	Unrestricted	Designated	Restricted	Total	Total
	Funds	funds	funds	2021	2020
Royal Devon and Exeter
Hospital:
Other equipment			7,600	7,600	24,296

esearch	expenditure and grants
		Total	Total
		2021	2020
			F
Research	grant	3,958	53,146
		3,958	53,146

		Total	Total
		2021	2020
Staff costs		87,625	90,980
Travel and motor		26	280
Printing, postage and stationery		1,124	2,899
Computer and website costs		5,876	5,567
Insurance		113	90
Bank charges	and interest	1,407	1,353
Training and conferences		228	1,262
Depreciation		2,596	2,082
Irrecoverable	VAT	1,450	1,729
Sundry		2,993	2,607
		103,438	108,849

sts			2021	2020
				F
Salaries	and wages		748,232	782,592
Social security costs			63,810	65,468
Pension	contributions		98,937	104,905
			910,979	952,965
			No.	No.
Average	number	of staff	32	34
Average	number	of FTE staff	22	24

	Freehold	Leasehold	Leasehold	Motor	Office &shop	Total
	land &	property	improvements	Vehicles	equipment
	buildings	(shop)	(centre)
Cost
At 1 April 2020	123,693	111,892	435,388	51,116	202,139	924,228
Additions	3,545				4,927	8,472
Disposals
At 31 March 2021	127,238	111,892	435,388	51,116	207,066	932,700
Depreciation
At 1 April 2020	46,480	57,071	325,620	25,742	118,865	573,778
Charge for year	2,827	11,109	42,587	6,798	30,969	94,290
Disposals
At 31 March 2021	49,307	68,180	368,207	32,540	149,834	668,068
Net book values
At 31 March 2021	77,931	43,712	67,181	18,576	57,232	264,632
At 31 March 2020	77,213	54,821	109,768	25,374	83,274	350,450

		2021	2020
			F
Market value at 1 April		458,039	478,252
Additions		83,927	104,988
Disposals		(300,163)	(106,255)
Gain/(loss)	on investments	91,110	(31,691)
Movement	in cash holdings	(26,934)	12,745
Market value at 31 March		305,979	458,039
Historical	cost at 31 March	248,577	435,321
Listed investments:		2021	2020
			R
UK Bonds		70,647	109,109
UK Equities		50,877	98,405
Overseas	Equities	123,322	116,900
Other		51,922	97,480
Cash		9,211	36,145
Market value at 31 March		305,979	458,039

18.Debtors
			2021	2020
	Other debtors		74,532	17,726
	VAT refund		2,167	2,276
	PrepaYments		17,296	24,955
			93,995	44,957
19.Creditors
			2021	2020
	Trade creditors		237,560	85,197
	Reimbursement	of staff costs	49,842	12,187
	Accruals		38,536	52,658
			325,938	150,042

At 31 March 2021 the C below:	harity had	annua	l comm	itments	under non-cancellabl	under non-cancellabl	e op	erating le	ases	ases	as set out
					2021				2020
				Plant and		Land &		Plant &			Land &
				machinery buildings			machinery			buildings
Operating leases which	expire:
In less than 1 year					15,082	23,775		15,706			23,775
Within 2to 5years				25,307		86,663		42,236			93,413
In more than 5 years						156					17,181
				40,389		110,594		57,942			134,369
The Charity has a 25 year lease with the Royal Devon					& Exeter NHS Foundation			Trust in	respect of The
Corner House, Wonford	Hospital,	Exeter. The lease commenced				on 13July 2007 at an initial				annual rent
of 225 per annum.
F17,000 &E6,750 annual	commitments		are in respect of the leased			element	of the	Charity's	shop		premises
and shop storage premises in Heavitree			Road,	Exeter,	respectively.
At the year-end there was a capital commitment				of anil	(2020:anil).
Movement on Funds
				Unrestricted		Designated Restricted
					funds	funds		funds			Total
At 1 April 2020					1,165,797	293,955		192,970		1,652,722
Surplus / (deficit) for the	year after transfers				17,014	(24,268)		(36,641)			(43,895)
At 31 March 2021					1,182,811	269,687		156,329		1,608,827

Restricted funds
	At	Income	Expenditure	Transfers	Balances
	1.4.20				31.3.21
Extension to Centre	75,138		(36,767)		38,371
Patient Support	14,369	205,272	(168,234)	(20,877)	30,530
Force @locations	8,726	33,260	(59,290)	20,677	3373
Donated Equipment	84,521		(7,600)	1,000	77,921
Centre Fixed Assets	10,216	558	(3,840)	(800)	6,134
	192,970	239,090	(275,731)		156,329
2019Restricted funds	At	Income	Expenditure	Transfers	Balances
Comparative	1.4.19				31.3.20
			P
Extension to Centre	111,905		(36,767)		75,138
Patient Support ForceIlocations	1,220 38,504	25,575 64,721	(12,426) (94,499)		14,369 8,726
Donated Equipment	16,102	1,500	(25,264)	92,183	84,521
Research		4,200	(4,200)
Centre Fixed Assets	19,502	2,428	(4,428)	(7,286)	10,216
	187,233	98,424	(177,584)	84,897	192,970

			Unrestricted	Designated	Restricted
			funds	funds	funds	Total
	Tangible fixed assets		145,631	73,309	45,692	264,632
	Fixed asset investments		305,979			305,979
	Cash at bank and	in hand	956,060	196,378	110,637	1,263,075
	Other net current	assets	(224,859)			(224,859)
			1,182,811	269,687	156,329	1,608,827
2020	net assets between	funds
	Comparative
			Unrestricted	Designated	Restricted
			funds	funds	funds	Total
						P
	Tangible fixed assets		168,118	96,078	86,254	350,450
	Fixed asset investments		458,039			458,039
	Cash at bank and	in hand	638,842	197,877	106,716	943,435
	Other net current	assets	(99,202)			(99,202)
			1,165,797	293,955	192,970	1,652,722

26.	Financial instruments
						2021	2020
	Financial assets measured	at fair value through			income and expenditure	305,979	458,039
27.	Reconciliation of net income/(expenditure)				to net cash flows from	operating activities
						2021	2020
						F
	Net income/(expenditure)	for the reporting		period		(43,895)	(391,330)
	Adjustments for:
	Depreciation charge					94,290	87,123
	(Gains)/losses on investments					(91,110)	31,691
	Dividends, interest and rents from investment					(21,443)	(30,321)
	(Increase) in stock					(1„201)	212
	(Increase) in debtors					(49,038)	(12,958)
	Increase in creditors					175,896	59,414
	Net cash provided by/(used		in) operating	activities		63,499	(256,169)
28.	Analysis of cash and cash	equivalents
						2021	2020
	Cash in hand					1,093,075	463,176
	Fixed asset investments					9,211	36,145
	Current asset investments					170,000	480,259
	Total Cash and Cash equivalents					1,272,286	979,580