2025-03-31-accounts - The Alternative Hair Charitable Foundation

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• • fighting. ALTERNATIVE HAIR f.HAR'IABIE FC)UNDA- ON TRUSTEES, REPORT AND ACCOUNTS FOR THE 12 MONTHS TO 31 MARCH 2025 The Alternative Hair Charitable Foundation Registered charity 1147189 Unit 8, Sumrnit Centre. Summit Road. Potters Bar, Herts EN6 3QW

Trustees Mr A J Rizzo (Chairman}. Mrs M E Rlzzo, Mrs P Mascolo. Mr D L Osbome aets as Honorary Adviser to the Trustees. Govemance The Foundation is govemed by the terms of the Declaration of Trust dated 20th January 2012 as amended by the Supplementary Dedaration dated 14th June 2012. New Truslees are selected by the Trustees having due regard to their skills, knowledge. experience and ability to advance the Foundation's charitable work. Worklng Name We have adopted the working name Ylghtlng Leukaemla" which is registered with the Charity Commission. Oblectlves and Actlvltles The Foundation is empowered to promote any charitable purposes for the public benefit as are exdusNely charitable according to the laws of England and Wales as the Trustees may from time to lime determine and in particular but without prejudice to the generality of the foregoing the advancement of research into and the treatment and welfare of people suffering leukaemia and related cancers of the blood. The Trustees have decided that for the time being they can best pursue the loregoing as a grant making charity that focuses on specrfic selected causes and have adopted a grant making policy that reflects this. Grant Maklng Pollcy 1. Introductlon The Atternative Hair Charitable Foundation was sgt up in January 20t2 follong 30 yeaf5 of Thg Altemativ8 Hair Shows, a series of unwue cha17ty fundraising events supported by the hair care industry inlemalionally and founded on tha show held in London each year sin¢e 1983. Shows have also been staged Bologna, Chicago, Moscow, Seoul, Totyo and Vienna. The shows have all been dedicated lo supporting the wort( of fhe UK charity, Leukaemia & Lymphoma Research (noa Blood cancer UK) and charifyes that advance research and treatn7ent of leukaemia and related cancers of th8 blood in the other countries in which they were st8ged. Much has been achieved as 8 resutt. Z Pollcy The Tnistees, policy for the foresee8ble future is lo build upon and broaden the beneffts that The Alternative Hair Shows are bringing to mankind by funding chanlies th eslablished expeilence and expertise in the advancen7ent of Trsearch into and the lTratment and wglf8re ofpeopl8 suff917ng leukaemia and related C8ncers of the blood. They reseThe the dAscrelion to vary the ferms contained in this document should they consider th¢ particular circumslances warrant it. 3. Application of Policy The fnjslees are applying lunds to any one or combinatkm of the following objectives.. a. Supporting charities with the established experience and expertise lo deliverprojects which will hglp to accelerat8 and/orextend more widely the benefits ofresearch and Ire8tm8nt d8velopecl in the UK b. Funding or contributing to thg funding ofspecrficprojeGts approved by LLR'S expert advwry pangls with p8cularernphaS on the acceleration and translation of successful research into clinical benefit for children with leuk88mia. Promoting the well being of children with leukaemia and thTfaMIlIes. Research grdnts will be subject to pmof of satisfactorypeer raviaw of Ihe research by the grantee. Th8 Trustees b8li8ve that the for?9ng Mll commit all the fvnds they 8ra CUntlY8bl6 to raise and so cannot onsider applications for support from organisations or individuals atpresent, nor for the foreseeable future. 4. Award and Monitoring of Grants The Trustees .11 confinn in writing th8 details ofany grnnt awarded 81ong with the tem7s and condibons of th8 grant including requlrements forprogress rnport&

Future Policy The Truste&s will keep the above policy undorregular rgvigw Volunteers The Foundation depends heavily upon the contribution of volunteers - their time, their expertise, their money. The day to day running of the Foundation is carried out on an entirely voluntary basis by the Trustees with the assistance of staff and office facilities generously provided by our Chairman, Mr A J Rizzo, al no cost to the Foundation. The annual Atemative Hair Show, currently the Foundation's main source of income, comprises a spectacular array of on-stage productions by hairdressing artistic teams Irom across the world who give their services entirely free of charge. "EVOLUTION". The 2024 Alternative Hair Show The Show was staged live at the ROUNDHOUSE London on Sunday 13 October 2024 and featured an exciting array of hairdressing talent from across the globe with the special added attraction of the VisionaryAwards. As atways. we are deeply grateful lo our loyal audience, our sponsors, and all who supported the Show in any way. Alas, due to continued rising costs and the uncertain tsmes the amount we were able lo generate for our charitable causes was again down on the previous year. Achlevements lor the year We made charitsble grants in the total sum of £46,637 across: the work of World Chlld Cancer towards the cost of lifesaving support for children with leukaemia In Bangladesh and Myanmar. the ground breaking research Developing rn0 effective and saler treatments for thildhood leukaemia'led by Prolessor Tariq Enver at UCL Cancer Institute under the aegis of Blood Can¢&r UK. A grant to The Chernobyl Rellel Foundatlon In the UK in r&sponse lo Iheii special appeal lor Ukranian children Publlc Benellt We are aware of the Charity Commission's public benefit guidelines and csider that the work we have funded during the course of the year falls entirely within those guidelines. Flnanclal Review and Reserveg We do not grant or commit lunds beyond our actual financial resources. Our day to day running cosls are generously supported by our Chairman, Mr Rizzo and his business operation. The state of the Foundation's finances Is, therefore, sound. We Iny@rt funds rais8d and given into charitsble grants for public benefit as soon as is practicably possible and reserve sufficient funds to cover the venue deposit and insurance and Other upfront costs for the next yearfs Alternative Hair Show which is currently our main source of income. Investment Pollcy Bearing in mind the reserv8s policy ouuined above. the Trustees do rt have any sizeable funds lo invest DeF)osiI interest amounted to £481. The Trustees declare they have approved the above ReF)Ort Signed for an on b&half of the Trustees A J Rizzo, C an . 2025

THE ALTERNATIVE HAIR CHARITABLE FOUNDATION Income and Expense Account For the year ended 31 March 2025 INCOME Donations This year £115,460 £96.632 £481 Last year £119,926 £139,339 £990 Sponsor Deposit interest Total Income £212,572 £260,255 EXPENDITURE Charitable Grants: World Child cancer Blood Cancer UK Chernobyl Relief Maids of the Poor Sisters In Ethiopia £10,000 £38,137 £500 £20,000 £60,000 £21,181 £101,181 £48.637 Fundraising: Venue hire and staging costs Credit card/bank charges Insurance £189,461 £15 £317 £167,524 £1.911 £375 £189,793 £169,810 Admini5tratlon: General Liability Insurance General Professional fees £441 £140 £840 £326 £3,000 £588 £1,421 £3.914 Total expendlture £239.851 £274,905

THE ALTERNATIVE HAIR CHARITABLE FOUNDATION Staternent of Assets and Liabilities As at 31 March 2025 CURRENT ASSErs Cash at Bank Deposit Account This year £19,607 Last year £4,739 £42,147 TOTAL ASSETS £19.607 £46,886 CURRENT LIABILITIES £0 £0 NET ASSETS £19,607 £46,886 REPRESENTED BY Funds carried forward £19,607 £46,886 The foreg? rig ccounts were ¥Jproved and authorised for issue by the trustees tli MBE, Chainna ..2025

THE ALTERNATIVE HAIR CHARITABLE FOUNDATION

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF THE ALTERNATIVE HAIR CHARITABLE FOUNDATION

I report on the accounts of the charity for the year ended 31 March 2025.

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:

(i) examine the accounts under section 145 of the 2011 Act;
(ii) 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
(iii) to state whether particular matters have come to my attention.

Basis of independent examiner's report

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:

(a) which gives me reasonable cause to believe that in any material respect the requirements:
(i) to keep accounting records in accordance with section 130 of the 2011 Act; and
(ii) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act;

have not been met; or

(b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

R Davis

R Davis (Sep 10, 2025 14:34:34 GMT+1)

Roy Davis Zome Accountants Limited

Chartered Certified Accountants 5th Floor 111 Charterhouse Street London EC1M 6AW

Dated: ......................... 10/09/2025