Independent Examiner's Report To the trustees of The Malcolm Whales Foundation
I report on the accounts of the Trust for the year ended 31 December 2024, which are set out on pages 1 to 3.
Respective responsibilities of trustees and examiner.
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under Section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
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Examine the accounts under section 145 of the 2011 Act
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To follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act: and,
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To state whether particular matters have come to my attention.
Basis of Independent Examiner's report.
The accounts have been prepared on a receipts and payments basis.
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent Examiner's statement
In connection with my examination, no matter has come to my attention
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which gives me reasonable cause to believe that in any material respect the following requirements have not been met:
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to keep accounting records in accordance with section 130 of the 2011 Act, and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act and
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which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Peter Barlow Thomas Quinn Chartered Accountants The Station House 15 Station Road St Ives Cambs PE27 5BH
Date: 22 October 2025
Internal#
The Malcolm Whales Foundation Statement of Financial Activities for the year ended 31 December 2024
| Incoming resources Activities for generating funds: Sponsored Walk Total Incoming Resources Resources Expended Charitable activities Total resoucres expended Net Movement in funds Reconciliation of funds Total Funds B/Fwd Total Funds C/Fwd |
Unrestricted Funds Restricted Funds 2024 £ 2023 £ 5,700 108,299 113,999 87,119 |
|---|---|
| 5,700 108,299 113,999 87,119 |
|
| 9,224 175,264 184,488 52,896 |
|
| 9,224 175,264 184,488 52,896 |
|
| (3,524) (66,965) (70,489) 34,223 6,254 91,725 97,979 63,756 |
|
| 2,730 24,760 27,490 97,979 |
Internal#
The Malcolm Whales Foundation Balance Sheet for the year ended 31 December 2024
| Notes CURRENT ASSETS Prepayments and accrued income Cash at bank and in hand CURRENT LIABILITIES Accruals and deferred income NET ASSETS Unrestricted Funds: General funds Total Unrestricted Funds Restricted funds TOTAL CHARITY FUNDS |
2024 £ 482 27,427 27,909 420 420 27,490 2,730 2,730 24,760 27,490 |
2023 £ 193 98,505 |
|---|---|---|
| 98,698 | ||
| 720 | ||
| 720 | ||
| 97,979 | ||
| 6,254 | ||
| 6,254 91,725 |
||
| 97,979 |
Internal#
CHARITABLE FUNDS
| Balance | Resources | Fund | |||||
|---|---|---|---|---|---|---|---|
| for theyear ended 31 December | 2024 | B/Fwd | Walk | 12 Hrs Sport | Expended | Transfers | C/Fwd |
| Unrestricetd Funds | |||||||
| General Fund | 5% | 6,254 | 5,700 | - | (9,224) | 2,730 | |
| 6,254 | 5,700 | - | (9,224) | - | 2,730 | ||
| Restricted Funds | |||||||
| Children Affected By Cancer | 75% | 70,309 | 85,499 | - | (138,366) | 17,442 | |
| Bowel Cancer | 20% | 21,416 | 22,800 | - | (36,898) | 7,318 | |
| 91,725 | 108,299 | - | (175,264) | - | 24,760 | ||
| Total | 97,979 | 113,999 | - | (184,488) | - | 27,490 |
Annual Review 2024
Our 16th year!
Seemingly every two to three years there is a sudden jump in the scale of the foundation. 2024 was one of those years!
There were a number of significant examples in 2024 including: record breaking numbers and the opening of Malcolm’s Retreat.
The highlights
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The Dorset Walk participants went from 270 in 2023 to 400 this year (130 increase)!
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We raised our biggest ever annual amount, a staggering £118,634.95; £37,000 more than last year. Meaning since 2009 the grand total raised is now £620,000
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There was also the completion of our Lakeside Lodge project which saw Malcolm’s Retreat opening in November.
The year that was 2024
The Dorset Walk
This year we walked in pink, navy and white. We broke all previous records with 400 participants and over £96,000 raised.
We reflected on the juggernaut that we have created as we watch the size of the walk continuing to scale up. There were a couple of tweaks this year – the away team included the Wednesday night minibus crew. The ‘walk rhythm’ changed with checkpoints rather than stopping points. The weather played nice with almost perfect walking conditions. Edward Whales managed his first full 40 miles and Sophie Read sold hundreds of walk bracelets.
£perperson donations this year (£400): (i) Pulmonary Fibrosis Trust (ii) Myeloma UK (iii) A local family in need (iv) The South West Coastal Path
Also this year included a random personal addition to the ‘Dorset Walk’. On Saturday the 22nd September James German and myself decided to walk the 40 mile Dorset Walk in a day. Leaving Weymouth seafront just after 4am, 13.5hours later we arrived on Studland beach. A fair achievement!
Malcolm’s Retreat
The long awaited Lakeside Lodge opening took place at the end of November. Following a sustained period of fundraising; almost £100,000 has been invested in creating this incredible space.
Free Respite and Wellbeing breaks are now available for those impacted by cancer and for those people who treat and support the patients.
The lodge build started in May 2024 and 6 months later opened its doors to its first guests. Fittingly the first guests were friends of the charity who have had to manage some very difficult circumstances.
Further details can we found via our website https://tmwf.co.uk/malcolms-retreat/
There was also some nice additional press coverage via: Peterborough Telegraph, Hunts Post December, Hunts Post October