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2024-03-31-accounts

MDS UK PATIENT SUPPORT GROUP

Unaudited Financial Statements Year ended 31st March 2024

Registered Charity Number: 1145214

MDS UK PATIENT SUPPORT GROUP Report of the Trustees for the year ended 31[st] March 2024

Index Page Number Description 2 - 9 Report of the Trustees 10 Unaudited Statement of Financial Activities 11 Unaudited Balance Sheet 12 - 19 Unaudited Notes to the Financial Statements

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MDS UK PATIENT SUPPORT GROUP

Report of the Trustees for the year ended 31[st] March 2024

The trustees submit their report together with the financial statements for the year ending 31st March 2024.

Results

The results for the year and the financial position of the charity ("MDSUK") are shown in the annexed financial statements. The charity is a non-profit Charitable Incorporated Organisation and is a registered charity (No, 1145214).

The financial statements have been prepared in accordance with the accounting policies and comply with the Charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard (FRS 102).

Chair’s report

The Board of Trustees of MDS UK believes the organisation is, at the end of March 2024, as strong as it has ever been.

Our objectives remain clear – to improve the lives of all those affected by MDS or CMML – and our strategic activities are now aligned to do this. Huge thanks are due to Debbie Hickman, our Interim CEO, and her small team for their work in supporting patients and their families, and for developing relations with a wider group of specialist haematologists, together with all the fundraising, communications and administration work necessary to support this, all of which are set out in the Chief Executive’s report below.

I am sorry to report that Fiona Pirilla, our former secretary, died last year, as did Andy Veitch. Andy led the Kent Patient Support Group, was a committee member and CIO member of MDS UK, and for a while was acting chair before ill-health meant he had to step down. They both gave their support and service to MDS patients and both are sadly missed. My condolences to their families and all families who have lost loved ones to MDS or CMML during the past year.

Ted Peel, formerly chairman of trustees of MDS UK, resigned in March this year as a result of illness, but I am delighted that he remains involved in our work as one of our Patrons. Thank you also to John Evason and Alastair Day for their support, both of whom retired as trustees during the last year. We have been fortunate to have recruited a number of new trustees in recent months, who each bring something special to the Board and MDS UK. As a result I feel confident about the board’s continued ability to lead the organisation through the next few years as we develop our support to MDS and CMML patients and their families.

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MDS UK PATIENT SUPPORT GROUP

Report of the Trustees for the year ended 31[st] March 2024

I must end by thanking all our volunteers, including our trustees, for their work in supporting our organisation and our members, and on behalf of MDS UK I send my best wishes to all our members, patients and their families as we continue to provide support to assist them in dealing with the personal consequences of their condition.

Tony Allen Chair MDS UK Patient Support Group June 2024

Our purpose and activities

The Charity’s principal activities during year under review relate to the support of individuals suffering Myelodysplastic Syndrome (“MDS”), which is a rare blood cancer. The activities were previously carried on by a trust with the same name and were taken over by the company with effect from 1[st] April 2012.

The objects of the Charity are:

(i) To relieve the sickness and preserve, promote and protect the health of suffers of MDS in the United Kingdon

(ii) To advance the education of the general public in the United Kingdon in all areas in relation to MDS.

(iii) To promote and support scientific research into MDS and its treatment together with the care of MDS suffers and those disposed to the development of MDS

Report of the Chief Executive

Objectives and achievements

1.Charitable Purpose

MDS UK’s charitable purpose has two main strands:

The provision of support to those affected by rare blood cancers MDS and CMML, including patients, their families and caregivers.

To represent MDS and CMML within the clinical community; raising awareness, supporting drug and clinical research by providing patient expertise, and through affiliation with other blood cancer organisations and agencies at both national and international levels.

To fulfil these objectives, the charity’s main activities include:

at patient/user level:

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MDS UK PATIENT SUPPORT GROUP

Report of the Trustees for the year ended 31[st] March 2024

within the wider MDS community:

2. Achievements in 2023/4

The charity’s main achievements in this financial year have been:

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MDS UK PATIENT SUPPORT GROUP

Report of the Trustees for the year ended 31[st] March 2024

3. Operations

Following a period of illness and bereavement, CEO Sophie Wintrich took extended leave from April 2023 to October 2023 and subsequently resigned from the post (previously a secondment from Kings College Hospital but now been brought in-house). The Interim CEO was appointed in May 2023 to oversee operations during the CEO’s absence and continues to steer the charity until a permanent replacement is found (recruitment is underway April 2024).

A Risk and Audit sub-committee was established in 2023/24 and has undertaken a full review of the charity’s financial arrangements and governance. Quarterly meetings of the R & AC take place, which include ongoing reviews of the charity’s risk register, policies and procedures.

4. Priorities for the charity in 2024/25

Debbie Hickman, Interim CEO June 2024

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MDS UK PATIENT SUPPORT GROUP Report of the Trustees for the year ended 31[st] March 2024

Financial review

The following figures were taken from the full accounts approved on 30[th] August 2024. This part of the Trustee’s annual report comments on the key features of these accounts. In this section we explain how we raised the money and then how we spent it.

Money received - £133,420 Money spent - £226,050.

Money received: sources of funds

We received donations of £100,108 from members of the public and relatives of patients. This was a decrease of 16.13% compared to last year.

We received a small number of legacy receipts, £25,867, We are extremely grateful to those who choose to recognise the work of the charity in this way.

Money spent:

Expenditure for the year of £226,050 (£204,117 - 2022/23). This year’s accounts report the costs of each of our charitable activities. The comparative figures are restated accordingly.

The deficit for the year of (£92,627) has been subtracted from the unrestricted reserves which now amount to £710,264. Our reserves are required to protect the charity from unexpected shocks and to be used to increase our support for patients and their families in line with our strategic objectives.

Going concern

At the time of this report, partly as a result of a number of large and unforeseen legacies received, MDS UK had unrestricted cash assets in excess of its liabilities, budget and contingency requirements. The trustees continue to develop plans to ensure that those resources are used to enhance and expand its services to its beneficiaries in accordance with its charitable objects.

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MDS UK PATIENT SUPPORT GROUP Report of the Trustees for the year ended 31[st] March 2024

Reference and administrative details

Charity number: 1145214 Registered Office: The Old Court House, New Road Avenue, Chatham, Kent, ME4 6BEJ Office Address: Unit B.2 The Fuel Tank, 8-12 Creekside, London, SE8 3DX

Our Advisors

Examiner: Orchard Accountants, The Old Court House, New Road Avenue, Chatham, Kent, ME4 6BEJ

Bankers:

CAF Bank Ltd (Charities Aid Foundation) Co-Operative Bank Ltd Insignis Cash

Trustees

The trustees serving during the year and since the year end were as follows: Russell Cook Claudia Richards Tony Allen Lin Holder John Evason (resigned 1 December 2023) Alastair Day (resigned 6 October 2023 Edward Peel (resigned 31 March 2024) Sophie Wintrich (resigned 28th April 2023) Chris Dugmore (appointed 20 March 2023 Sirat Bhalla (appointed 10 January 2024 Keith Hackett (appointed 8 March 2024) Jen Goodison (appointed 8 March 2024 Atashia Gonsalves (appointed 21 March 2024

Key management personnel:

Chief Executive: Debbie Hickman - Interim CEO

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MDS UK PATIENT SUPPORT GROUP Report of the Trustees for the year ended 31[st] March 2024

Structure, governance and management

Governing document

The Charity changed from a company limited by guarantee to a Charitable Incorporated Organisation (CIO) governed by a constitution dated 23rd October 2020. The members of the CIO who are trustees of the charity are listed above.

Appointment of trustees

Existing trustees propose new trustees. The number of trustees shall not be less than three and a maximum of twelve.

Organisation

The board of trustees administers the charity and normally meets quarterly. A Chief Executive is appointed by the trustees to manage the day to day activities to facilitate effective operations. The Chief Executive has delegated authority, within terms of delegation approved by the trustees, for operational matters including finance and employment.

Equal opportunities

The Charity operates a policy of equal opportunities. All recruitment, employment practice and service delivery within the organisation is carried out according to the principles of equal opportunities.

Risk management

The trustees have assessed the risks to which the charity is exposed and are satisfied that systems and procedures are in place to mitigate, where possible, those risks identified. The principal risk is the ability to replace key staff and trustees and our ability to secure staff for the planned expansion of activities.

Register of interests

A register has been set up in which trustees are required to declare their outside interests, specifically directorships of other boards.

Trustee's responsibilities in relation to the financial statements

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and regulations. Charity law requires the trustees to prepare the financial statements for each financial year.

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting standards (FRS 102) for Smaller Entities. Under charity law trustees must not approve the financial statements unless they give a

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MDS UK PATIENT SUPPORT GROUP

Report of the Trustees for the year ended 31[st] March 2024

true and fair view of the state of affairs of the charity and of the incoming resources and outgoing resources of the charity for that period

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website.

This report has been prepared in accordance with the provisions applicable to charities.

By Order of the board of Trustees

Tony Allen (Chair) Date 30[th] August 2024

Registered Charity Number: 1145214

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MDS UK PATIENT SUPPORT GROUP Report of the Trustees for the year ended 31[st] March 2024

Income from
Note
Donations and similar incoming resources
3
Legacies
3
Grants
4
Investment income
5
Other income
Total income
Expenditure on
Raising funds
6
Charitable activities
7
Governance costs
12
Total expenditure
8
Write back of Provision for Research grant 10
Net income/deficit
Reconciliation of funds
Total funds bought forward
Total funds carried forward
2024
2023
£
£
Total
Total
100,108 119,364
25,864 260,000
-
-
5,907 4,075
1,541 18,608
133,420 402,047
56,514 39,919
169,428 164,166
108
32
226,050 204,117
- 1,301
(92,630) 196,630
802,894 606,264
710,264
802,894

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MDS UK PATIENT SUPPORT GROUP Report of the Trustees for the year ended 31[st] March 2024

Note
Non-current assets
Office furniture and fittings
Current assets
Debtors
14
Current asset investments
15
Cash in bank and in hand
Liabilities: Amounts falling due within one year
Creditors and accruals
16
Total Net Assets
The Funds of the Charity
Unrestricted Income Funds
17
Total Funds
2024
£
Total
8,172
1,097
656,684
50,338
9,267
2023
£
Total

-

1,328

377,894

429,699

6,027
707,024
802,894
707,024
802,894
707,024
802,894
707,024
802,894

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MDS UK PATIENT SUPPORT GROUP

Report of the Trustees for the year ended 31[st] March 2024

Unaudited notes to the financial statements as at 31st March 2024

1) Accounting policies

The Charity is a Charitable Incorporated Organisation (CIO) registered in England & Wales and has no share capital. The charity's registered office address is The Old Court House, New Road Avenue, Chatham, Kent ME4 6BA. Its charity number is 1145214.

Basis of preparation

The financial statements were prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102), effective 1 January 2019 - Charities SORP (FRS 102).

Assets and liabilities are recognised at historical cost or transaction value.

Preparation of accounts on a going concern basis.

The Trustees are satisfied that the CIO is a going concern and that these accounts should be prepared on that basis. With the continuing uncertain economic outlook, the Trustees and CEO have put measures in place to extend and improve fundraising. The Trustees have considered the level of funds held and the expected level of income and expenditure for 12 months following the approval of these financial statements. The trustees have initiated a strategic review which will lead to the utilisation of excess reserves to improve and extend our activities.

Income Recognition

Income represents income attributable to the activities of the Charity when the Charity becomes entitled to the donation or similar income and any conditions for receipt are met, and the trustees are reasonably certain that they will receive it and the value can be reliably measured. Grants received without any restriction on entitlement are recognised in full upon award.

Legacy gifts are recognised following the granting of probate when the Charity has been notified in writing of both the amount and settlement date.

Donated professional services or facilities are recognised as income when the Charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time of our team of volunteers is not recognised.

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MDS UK PATIENT SUPPORT GROUP Report of the Trustees for the year ended 31[st] March 2024

Unaudited notes to the financial statements as at 31st March 2024

Interest on funds held on deposit is included when receivable and the amount can be measured reliably. All the charity's investment income arises from money held in interest bearing deposit accounts regulated by the Prudential Regulating Authority and covered by the Government's Financial Services Compensation Scheme (FSCS).

Resources expended

Liabilities are recognised as soon as there is a legal or constructive obligation committing the Charity to that expenditure, it is probable that settlement will be required and amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Irrecoverable VAT is reported as part of the expenditure to which it relates.

Research Grants

No further research grants were agreed during the period of these accounts.

Charitable activities

Costs of charitable activities includes expenditure incurred in the delivery of activities and services for beneficiaries and all the support costs as shown in note 10.

Governance costs

Governance costs comprise all costs involving public accountability of the Charity and its compliance with regulation and good practice. These costs include legal and professional fees and the costs of the AGM and governance meetings.

Corporation Tax

The Charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 as any surplus or gains are applied for charitable purposes.

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MDS UK PATIENT SUPPORT GROUP Report of the Trustees for the year ended 31[st] March 2024

Unaudited notes to the financial statements as at 31st March 2024

Reserves

The Trustees have reviewed the policy on reserves and our reserves are required to protect the charity from unexpected shocks and to be used to increase support for patients and their families in line with our strategic objectives.

Cash flow statement

Due to its size, the charity is not required to present a Cash flow Statement under the Financial Reporting standards.

2) Trustees’ Remuneration

The charity reimbursed King's College University Hospital Trust for emoluments of £15,820 in total for pension and employers' National Insurance in respect of Sophie Wintrich, the former Chief Executive. The other trustees neither received or waived any emoluments. The charity meets the expenses incurred by trustees in carrying out their duties. During the year one trustee had expenses met by the charity for £15.

Note
3) Donations, legacies and similar incoming
resources
Donations (including Gift Aid)
Legacies
Other income (honorarium received)
4) Grants
No grant income was received
5) Investment income
Investment and bank interest received
2024
2023
£
£
100,108
119,634
25,864
260,000
1,541
-
127,513
379,364
-
-
5,907
4,075

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MDS UK PATIENT SUPPORT GROUP

Report of the Trustees for the year ended 31[st] March 2024

6) Cost of raising funds

Advertising and promotion
Consultant
Event costs
Donor database development/maintenance
Fundraising platform commission
Allocated staff costs
7) Expenditure on charitable activities
Information and advocacy and outreach
Helpline
Local patient support groups
National forum
Conferences/representation
Patient survey
Website/social media
Clinical trials/advisory
Support costs
-
2,139
2,675
-
1,575
16,678
22,043
3,602
563
-
29,658
17,500
56,514
39,919
21,964
20,273
17,067
25,878
7,500
20,438
-
9,065
943
11,373
-
824
22,043
30,271
-
7,747
100,019
38,298
169,536
164,167

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MDS UK PATIENT SUPPORT GROUP

Report of the Trustees for the year ended 31[st] March 2024

8) Analysis of total expenditure

Reimbursed staff costs (1 secondee to 11 Aug 2024)
Salary, NI and pensions
9
Rent and business rates
Website
Conference participation
Other costs
Governance costs
Fundraising costs
Legal expenses
9) Staff costs and emoluments
Salaries
Social security costs
Pension costs
10) Research grant
No further grants had been provided
10
11) Governance costs
AGM and governance meetings
15,810
34,913
108,653
95,797
13,157
-
22,043
14,900
943
-
25,497
18,556
108
32
33,085
39,919
6,754
-
226,050
204,117
102,594
81,541
3,917
12,142
2,142
6,875
108,653
100,558
-
-
108
32

12) Taxation

The CIO is a registered charity with no tax liability arising in the year

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MDS UK PATIENT SUPPORT GROUP Report of the Trustees for the year ended 31[st] March 2024

13) Debtors

Gift Aid Recoverable
Other
14) Current asset investments
Insignis Cash
4,337
-
-
1,328
4,337
1,328
656,684
377,894

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MDS UK PATIENT SUPPORT GROUP Report of the Trustees for the year ended 31[st] March 2024

16) Creditors
HMRC
Pension provider
Accruals
17) Funds
Balance at 1st April 2023
Surplus/deficit for the year
3,535
-
640
560
5,092
5,466
9,267
6,026
802,894
606,264
(92,630)
196,630
710,264
802,894

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MDS UK PATIENT SUPPORT GROUP

Unaudited Financial Statements Year ended 31st March 2024

Registered Charity Number: 1145214

MDS UK PATIENT SUPPORT GROUP Report of the Trustees for the year ended 31[st] March 2024

Index Page Number Description 2 - 9 Report of the Trustees 10 Unaudited Statement of Financial Activities 11 Unaudited Balance Sheet 12 - 19 Unaudited Notes to the Financial Statements

Page | 1

MDS UK PATIENT SUPPORT GROUP

Report of the Trustees for the year ended 31[st] March 2024

The trustees submit their report together with the financial statements for the year ending 31st March 2024.

Results

The results for the year and the financial position of the charity ("MDSUK") are shown in the annexed financial statements. The charity is a non-profit Charitable Incorporated Organisation and is a registered charity (No, 1145214).

The financial statements have been prepared in accordance with the accounting policies and comply with the Charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard (FRS 102).

Chair’s report

The Board of Trustees of MDS UK believes the organisation is, at the end of March 2024, as strong as it has ever been.

Our objectives remain clear – to improve the lives of all those affected by MDS or CMML – and our strategic activities are now aligned to do this. Huge thanks are due to Debbie Hickman, our Interim CEO, and her small team for their work in supporting patients and their families, and for developing relations with a wider group of specialist haematologists, together with all the fundraising, communications and administration work necessary to support this, all of which are set out in the Chief Executive’s report below.

I am sorry to report that Fiona Pirilla, our former secretary, died last year, as did Andy Veitch. Andy led the Kent Patient Support Group, was a committee member and CIO member of MDS UK, and for a while was acting chair before ill-health meant he had to step down. They both gave their support and service to MDS patients and both are sadly missed. My condolences to their families and all families who have lost loved ones to MDS or CMML during the past year.

Ted Peel, formerly chairman of trustees of MDS UK, resigned in March this year as a result of illness, but I am delighted that he remains involved in our work as one of our Patrons. Thank you also to John Evason and Alastair Day for their support, both of whom retired as trustees during the last year. We have been fortunate to have recruited a number of new trustees in recent months, who each bring something special to the Board and MDS UK. As a result I feel confident about the board’s continued ability to lead the organisation through the next few years as we develop our support to MDS and CMML patients and their families.

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MDS UK PATIENT SUPPORT GROUP

Report of the Trustees for the year ended 31[st] March 2024

I must end by thanking all our volunteers, including our trustees, for their work in supporting our organisation and our members, and on behalf of MDS UK I send my best wishes to all our members, patients and their families as we continue to provide support to assist them in dealing with the personal consequences of their condition.

Tony Allen Chair MDS UK Patient Support Group June 2024

Our purpose and activities

The Charity’s principal activities during year under review relate to the support of individuals suffering Myelodysplastic Syndrome (“MDS”), which is a rare blood cancer. The activities were previously carried on by a trust with the same name and were taken over by the company with effect from 1[st] April 2012.

The objects of the Charity are:

(i) To relieve the sickness and preserve, promote and protect the health of suffers of MDS in the United Kingdon

(ii) To advance the education of the general public in the United Kingdon in all areas in relation to MDS.

(iii) To promote and support scientific research into MDS and its treatment together with the care of MDS suffers and those disposed to the development of MDS

Report of the Chief Executive

Objectives and achievements

1.Charitable Purpose

MDS UK’s charitable purpose has two main strands:

The provision of support to those affected by rare blood cancers MDS and CMML, including patients, their families and caregivers.

To represent MDS and CMML within the clinical community; raising awareness, supporting drug and clinical research by providing patient expertise, and through affiliation with other blood cancer organisations and agencies at both national and international levels.

To fulfil these objectives, the charity’s main activities include:

at patient/user level:

Page | 3

MDS UK PATIENT SUPPORT GROUP

Report of the Trustees for the year ended 31[st] March 2024

within the wider MDS community:

2. Achievements in 2023/4

The charity’s main achievements in this financial year have been:

Page | 4

MDS UK PATIENT SUPPORT GROUP

Report of the Trustees for the year ended 31[st] March 2024

3. Operations

Following a period of illness and bereavement, CEO Sophie Wintrich took extended leave from April 2023 to October 2023 and subsequently resigned from the post (previously a secondment from Kings College Hospital but now been brought in-house). The Interim CEO was appointed in May 2023 to oversee operations during the CEO’s absence and continues to steer the charity until a permanent replacement is found (recruitment is underway April 2024).

A Risk and Audit sub-committee was established in 2023/24 and has undertaken a full review of the charity’s financial arrangements and governance. Quarterly meetings of the R & AC take place, which include ongoing reviews of the charity’s risk register, policies and procedures.

4. Priorities for the charity in 2024/25

Debbie Hickman, Interim CEO June 2024

Page | 5

MDS UK PATIENT SUPPORT GROUP Report of the Trustees for the year ended 31[st] March 2024

Financial review

The following figures were taken from the full accounts approved on 30[th] August 2024. This part of the Trustee’s annual report comments on the key features of these accounts. In this section we explain how we raised the money and then how we spent it.

Money received - £133,420 Money spent - £226,050.

Money received: sources of funds

We received donations of £100,108 from members of the public and relatives of patients. This was a decrease of 16.13% compared to last year.

We received a small number of legacy receipts, £25,867, We are extremely grateful to those who choose to recognise the work of the charity in this way.

Money spent:

Expenditure for the year of £226,050 (£204,117 - 2022/23). This year’s accounts report the costs of each of our charitable activities. The comparative figures are restated accordingly.

The deficit for the year of (£92,627) has been subtracted from the unrestricted reserves which now amount to £710,264. Our reserves are required to protect the charity from unexpected shocks and to be used to increase our support for patients and their families in line with our strategic objectives.

Going concern

At the time of this report, partly as a result of a number of large and unforeseen legacies received, MDS UK had unrestricted cash assets in excess of its liabilities, budget and contingency requirements. The trustees continue to develop plans to ensure that those resources are used to enhance and expand its services to its beneficiaries in accordance with its charitable objects.

Page | 6

MDS UK PATIENT SUPPORT GROUP Report of the Trustees for the year ended 31[st] March 2024

Reference and administrative details

Charity number: 1145214 Registered Office: The Old Court House, New Road Avenue, Chatham, Kent, ME4 6BEJ Office Address: Unit B.2 The Fuel Tank, 8-12 Creekside, London, SE8 3DX

Our Advisors

Examiner: Orchard Accountants, The Old Court House, New Road Avenue, Chatham, Kent, ME4 6BEJ

Bankers:

CAF Bank Ltd (Charities Aid Foundation) Co-Operative Bank Ltd Insignis Cash

Trustees

The trustees serving during the year and since the year end were as follows: Russell Cook Claudia Richards Tony Allen Lin Holder John Evason (resigned 1 December 2023) Alastair Day (resigned 6 October 2023 Edward Peel (resigned 31 March 2024) Sophie Wintrich (resigned 28th April 2023) Chris Dugmore (appointed 20 March 2023 Sirat Bhalla (appointed 10 January 2024 Keith Hackett (appointed 8 March 2024) Jen Goodison (appointed 8 March 2024 Atashia Gonsalves (appointed 21 March 2024

Key management personnel:

Chief Executive: Debbie Hickman - Interim CEO

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MDS UK PATIENT SUPPORT GROUP Report of the Trustees for the year ended 31[st] March 2024

Structure, governance and management

Governing document

The Charity changed from a company limited by guarantee to a Charitable Incorporated Organisation (CIO) governed by a constitution dated 23rd October 2020. The members of the CIO who are trustees of the charity are listed above.

Appointment of trustees

Existing trustees propose new trustees. The number of trustees shall not be less than three and a maximum of twelve.

Organisation

The board of trustees administers the charity and normally meets quarterly. A Chief Executive is appointed by the trustees to manage the day to day activities to facilitate effective operations. The Chief Executive has delegated authority, within terms of delegation approved by the trustees, for operational matters including finance and employment.

Equal opportunities

The Charity operates a policy of equal opportunities. All recruitment, employment practice and service delivery within the organisation is carried out according to the principles of equal opportunities.

Risk management

The trustees have assessed the risks to which the charity is exposed and are satisfied that systems and procedures are in place to mitigate, where possible, those risks identified. The principal risk is the ability to replace key staff and trustees and our ability to secure staff for the planned expansion of activities.

Register of interests

A register has been set up in which trustees are required to declare their outside interests, specifically directorships of other boards.

Trustee's responsibilities in relation to the financial statements

The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and regulations. Charity law requires the trustees to prepare the financial statements for each financial year.

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting standards (FRS 102) for Smaller Entities. Under charity law trustees must not approve the financial statements unless they give a

Page | 8

MDS UK PATIENT SUPPORT GROUP

Report of the Trustees for the year ended 31[st] March 2024

true and fair view of the state of affairs of the charity and of the incoming resources and outgoing resources of the charity for that period

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website.

This report has been prepared in accordance with the provisions applicable to charities.

By Order of the board of Trustees

Tony Allen (Chair) Date 30[th] August 2024

Registered Charity Number: 1145214

Page | 9

MDS UK PATIENT SUPPORT GROUP Report of the Trustees for the year ended 31[st] March 2024

Income from
Note
Donations and similar incoming resources
3
Legacies
3
Grants
4
Investment income
5
Other income
Total income
Expenditure on
Raising funds
6
Charitable activities
7
Governance costs
12
Total expenditure
8
Write back of Provision for Research grant 10
Net income/deficit
Reconciliation of funds
Total funds bought forward
Total funds carried forward
2024
2023
£
£
Total
Total
100,108 119,364
25,864 260,000
-
-
5,907 4,075
1,541 18,608
133,420 402,047
56,514 39,919
169,428 164,166
108
32
226,050 204,117
- 1,301
(92,630) 196,630
802,894 606,264
710,264
802,894

Page | 10

MDS UK PATIENT SUPPORT GROUP Report of the Trustees for the year ended 31[st] March 2024

Note
Non-current assets
Office furniture and fittings
Current assets
Debtors
14
Current asset investments
15
Cash in bank and in hand
Liabilities: Amounts falling due within one year
Creditors and accruals
16
Total Net Assets
The Funds of the Charity
Unrestricted Income Funds
17
Total Funds
2024
£
Total
8,172
1,097
656,684
50,338
9,267
2023
£
Total

-

1,328

377,894

429,699

6,027
707,024
802,894
707,024
802,894
707,024
802,894
707,024
802,894

Page | 11

MDS UK PATIENT SUPPORT GROUP

Report of the Trustees for the year ended 31[st] March 2024

Unaudited notes to the financial statements as at 31st March 2024

1) Accounting policies

The Charity is a Charitable Incorporated Organisation (CIO) registered in England & Wales and has no share capital. The charity's registered office address is The Old Court House, New Road Avenue, Chatham, Kent ME4 6BA. Its charity number is 1145214.

Basis of preparation

The financial statements were prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102), effective 1 January 2019 - Charities SORP (FRS 102).

Assets and liabilities are recognised at historical cost or transaction value.

Preparation of accounts on a going concern basis.

The Trustees are satisfied that the CIO is a going concern and that these accounts should be prepared on that basis. With the continuing uncertain economic outlook, the Trustees and CEO have put measures in place to extend and improve fundraising. The Trustees have considered the level of funds held and the expected level of income and expenditure for 12 months following the approval of these financial statements. The trustees have initiated a strategic review which will lead to the utilisation of excess reserves to improve and extend our activities.

Income Recognition

Income represents income attributable to the activities of the Charity when the Charity becomes entitled to the donation or similar income and any conditions for receipt are met, and the trustees are reasonably certain that they will receive it and the value can be reliably measured. Grants received without any restriction on entitlement are recognised in full upon award.

Legacy gifts are recognised following the granting of probate when the Charity has been notified in writing of both the amount and settlement date.

Donated professional services or facilities are recognised as income when the Charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time of our team of volunteers is not recognised.

Page | 12

MDS UK PATIENT SUPPORT GROUP Report of the Trustees for the year ended 31[st] March 2024

Unaudited notes to the financial statements as at 31st March 2024

Interest on funds held on deposit is included when receivable and the amount can be measured reliably. All the charity's investment income arises from money held in interest bearing deposit accounts regulated by the Prudential Regulating Authority and covered by the Government's Financial Services Compensation Scheme (FSCS).

Resources expended

Liabilities are recognised as soon as there is a legal or constructive obligation committing the Charity to that expenditure, it is probable that settlement will be required and amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Irrecoverable VAT is reported as part of the expenditure to which it relates.

Research Grants

No further research grants were agreed during the period of these accounts.

Charitable activities

Costs of charitable activities includes expenditure incurred in the delivery of activities and services for beneficiaries and all the support costs as shown in note 10.

Governance costs

Governance costs comprise all costs involving public accountability of the Charity and its compliance with regulation and good practice. These costs include legal and professional fees and the costs of the AGM and governance meetings.

Corporation Tax

The Charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 as any surplus or gains are applied for charitable purposes.

Page | 13

MDS UK PATIENT SUPPORT GROUP Report of the Trustees for the year ended 31[st] March 2024

Unaudited notes to the financial statements as at 31st March 2024

Reserves

The Trustees have reviewed the policy on reserves and our reserves are required to protect the charity from unexpected shocks and to be used to increase support for patients and their families in line with our strategic objectives.

Cash flow statement

Due to its size, the charity is not required to present a Cash flow Statement under the Financial Reporting standards.

2) Trustees’ Remuneration

The charity reimbursed King's College University Hospital Trust for emoluments of £15,820 in total for pension and employers' National Insurance in respect of Sophie Wintrich, the former Chief Executive. The other trustees neither received or waived any emoluments. The charity meets the expenses incurred by trustees in carrying out their duties. During the year one trustee had expenses met by the charity for £15.

Note
3) Donations, legacies and similar incoming
resources
Donations (including Gift Aid)
Legacies
Other income (honorarium received)
4) Grants
No grant income was received
5) Investment income
Investment and bank interest received
2024
2023
£
£
100,108
119,634
25,864
260,000
1,541
-
127,513
379,364
-
-
5,907
4,075

Page | 14

MDS UK PATIENT SUPPORT GROUP

Report of the Trustees for the year ended 31[st] March 2024

6) Cost of raising funds

Advertising and promotion
Consultant
Event costs
Donor database development/maintenance
Fundraising platform commission
Allocated staff costs
7) Expenditure on charitable activities
Information and advocacy and outreach
Helpline
Local patient support groups
National forum
Conferences/representation
Patient survey
Website/social media
Clinical trials/advisory
Support costs
-
2,139
2,675
-
1,575
16,678
22,043
3,602
563
-
29,658
17,500
56,514
39,919
21,964
20,273
17,067
25,878
7,500
20,438
-
9,065
943
11,373
-
824
22,043
30,271
-
7,747
100,019
38,298
169,536
164,167

Page | 15

MDS UK PATIENT SUPPORT GROUP

Report of the Trustees for the year ended 31[st] March 2024

8) Analysis of total expenditure

Reimbursed staff costs (1 secondee to 11 Aug 2024)
Salary, NI and pensions
9
Rent and business rates
Website
Conference participation
Other costs
Governance costs
Fundraising costs
Legal expenses
9) Staff costs and emoluments
Salaries
Social security costs
Pension costs
10) Research grant
No further grants had been provided
10
11) Governance costs
AGM and governance meetings
15,810
34,913
108,653
95,797
13,157
-
22,043
14,900
943
-
25,497
18,556
108
32
33,085
39,919
6,754
-
226,050
204,117
102,594
81,541
3,917
12,142
2,142
6,875
108,653
100,558
-
-
108
32

12) Taxation

The CIO is a registered charity with no tax liability arising in the year

Page | 16

MDS UK PATIENT SUPPORT GROUP Report of the Trustees for the year ended 31[st] March 2024

13) Debtors

Gift Aid Recoverable
Other
14) Current asset investments
Insignis Cash
4,337
-
-
1,328
4,337
1,328
656,684
377,894

Page | 17

MDS UK PATIENT SUPPORT GROUP Report of the Trustees for the year ended 31[st] March 2024

16) Creditors
HMRC
Pension provider
Accruals
17) Funds
Balance at 1st April 2023
Surplus/deficit for the year
3,535
-
640
560
5,092
5,466
9,267
6,026
802,894
606,264
(92,630)
196,630
710,264
802,894

Page | 18

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinef s Report Report to the trustees Chanty NamÈ MDS UK PATIENT SUPPORT GROUP On accounts for the year ended 31 MARCH 2024 Charity no (if any) 1145214 Set out on pages I￿￿ber lo i￿l￿e Ihe page nuffjbe￿ of additional sheelsl I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 3110312024. Responsibilities and basis of report As the charitys trustees. you are responsible for the prepaiation of the accounts in accordance with the requirements of the Charities Acl 2011 (-the Act.). I report in respect of my examination of the Trust's accounls carried OLrt under section 145 of the 2011 Act and in carrwng out my examination. I have followed all the applicable Directions given by the Charity Commission under section 145(5Xb) of the Act. Independent The charity's gross income exceeded £250,000 and l am qualified to examinerfs statement undertake the examination by being a qualified member of The Association of Chartered Certified Accountants. I have completed my examination. I confimi that no material matters have come to my attention in ￿nneCtion with the examination. Signed: Date: Namo: MR OLUFEMI ALAKIJA FCCA Relevant professional qualification(s) or body (if any): ASSOCIATION OF CHARTERED CERTIFIED ACCOUNTANTS Address: THE OLD COURT HOUSE NEW ROAD AVENUE CHATHAM KENT ME4 68E Section B Disclosure only complete ,,1 the examip.er needs lo h.IghliJhl material matters of concern (see CC32. Independent examination of charity aGcounls.' directions and guidance for examiners). IER Oct 2018

Give here brief details of any items that the examiner wishes to disclose. Not applicable. IER Oct 2018