OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← Topic Of Cancer

2023-12-31-accounts

The Topic of Cancer Report and Financial Statements For the Year Ended 31 December 2023 Charity No: 1151079

CONTENTS

Legal and Administrative Information

Report of the Trustees

Independent Examiner's Report

Statement of Financial Activities

Balance Sheet

Notes to the Accounts

LEGAL AND ADMINISTRATIVE INFORMATION

TRUSTEES

Alan Loryman (Treasurer) Anne Powell-Evans (Chair) Professor H. Pandha Panos Koliou. Anna Hunter. James Thurlow-Craig. Adam Frampton. Recruited 18.07.23. Dave Chuter. Recruited 12.09.23.

PATRONS Alison Steadman Michael Elwyn Yvonne Hall Colin Roy Sir Paul Beresford Glyn Powell-Evans Michael Buerk

CHARITY REGISTRATION NO: 1151079

PRINCIPAL OFFICE 23 Poltimore Road Guildford GU2 7PT INDEPENDENT EXAMINER THB LLP BANKERS (from 27 Jan 2016) Metro Bank One Southampton Row London WC1B 5HA

REPORT OF THE TRUSTEES

The Trustees present their report and the financial statements for the year ended 31 December 2023.

Governing documents

The organisation is an unincorporated trust, constituted under a Trust Deed dated 12 February 2013 and is a registered charity, number 1151079,

Trustees

The year ending December 2023 saw the recruitment of two Trustees. The chair of the charity is Anne Powell-Evans who took over the role on 9[th] April,2021. This chairmanship was approved by the Trustees on 12[th] April, 2022.

Recruitment, resignations, and appointment of trustees.

Nigel Lewis-Baker remained as Honorary President. Adan Frampton was recruited as a trustee on 18[th] July 2023 Dave Chuter was recruited as a Trustee on 12[th] September 2023

Maggie Knivett remained as ambassador of Toc Voices, and Alun Davis as ambassador for Toc Fit. There is no longer a requirement for an ambassador for the Support group as it is run independently by another organization and collaborates with Topic of Cancer.

The Board of Trustees are responsible for the recruitment and appointment of Trustees. The Board seeks to ensure that they have the requisite skills between them to run the charity. All potential trustees are interviewed by 2 existing trustees.

Trustee induction and training

Most new Trustees are already familiar with the practical work of the organisation. Trustees are recruited from the cancer patient community, the cancer research team and other interested people who can offer the necessary relevant skills. New Trustees are given a short, informal training session to familiarize themselves with the Charity, and the context within which it operates. They are issued with a pack which contains all the necessary documentation.

This covers:

Aims and objectives

Analysis of research funding shows that most funds are spent on basic research and understanding the causes of disease although a more recent projects are looking at the role of the microbiome in pancreatic cancer and the role of the microbiome and, ethnicity in prostate cancer as well as the effect of exercise on oesophageal cancer treatment outcomes with regard to the immune response. Bladder cancer – current treatment is BCG which is toxic and causes unpleasant side effects. The aim is to supersede this treatment with a virus created by Dr Guy Simpson. Results are very promising and the plan is to patent the virus.

The aims and objectives are achieved at the lowest administrative cost possible and sets us apart from the other major charities operating in this sector. We are a volunteer run charity with one paid social media contractor.

Summary of public benefits

In planning our activities for the year, we have kept in mind the Charity Commission's guidance on public benefit. The objectives and achievements offer public benefit to all cancer patients. The charity focuses its investment in two main areas: immunotherapy research into the causes, diagnosis and treatment of cancer using more targeted and less aggressive therapies and running support groups which offer physical, emotional and social support to cancer patients, partners, care givers and their families.

Immunotherapy Cancer Research

The UK is considered one of the world’s leaders in this branch of cancer research and the research team, located at the University of Surrey, is one of the main immunotherapy research teams with expertise in conducting clinical trials. This is greatly facilitated by its proximity to the Royal Surrey County Hospital and the team work in collaboration with their clinical colleagues. One of the Topic of Cancer Charity's main goals is to support this team to provide multiple benefits. Three consultant oncologists sit on the charity committee to advise on how best to use available funds. To this end we have provided funding for maintenance and repair of essential pieces of equipment and associated costs and assist funding the employment costs of specified staff as requested. In 2022, a decision was made at a

Trustees’ meeting to raise money for a specific machine, a Leica Bond which would significantly improve the work of the research team. This machine was installed in the laboratories in November 2023 at a cost of £97,000.

We have continued to raise the profile and awareness of cancer and immunotherapy research through networking, articles in local magazines, active use of social media and fundraising events. Topic of Cancer maintains a website which offers information about the support services we provide, as well as videos of the scientists explaining their research. We have continued to keep it regularly updated. We have developed social media links on platforms such as Facebook, Instagram and LinkedIn. We have continued to keep it regularly updated. The charity has continued to keep interested parties informed through regular newsletters. These have been well received as have visits to the research laboratories at the University of Surrey.,

Local Cancer Support Groups

The charity had a support group, ToC Together which offered emotional and social support to cancer patients, partners, care givers and their families, but this fell into abeyance during the pandemic lockdown. Our support group was designed to provide emotional, educational, and social support for patients and their families through monthly meetings and occasionally there were guest speakers from science, medicine, entertainment, and complementary therapies. We have now been able to continue our support work by partnering with another group, the Cancer Chat Café.

We also fund ToC Fit exercise classes. There are 6 classes a week for cancer patients who are undergoing or recovering from treatment and led by specially trained instructors. The classes are graded according to the participants’ level of fitness. During lockdown, the classes took place on Zoom and have continued to do so as the participants chosen method. These are run in partnership with another charity, ThriveFit, and are free of charge.

We have a choir called ToC Voices for people undergoing treatment for cancer, recovering from cancer and for their families and carers. The choir rehearse together weekly, perform at concerts and at local festivals. We currently make no charge to our members for these services and fund them by seeking community grants and fund raising by the members. Some members of the choir have been kind enough to record testimonial videos which have been uploaded on to our website.

Annual accounts

Topic of Cancer’s accounts on an accrual basis which was adopted in 2018. There is no change to this accounting procedure.

The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Charities Act 2011.

Investment policy

The charity aims to maintain enough funds in the current account to support our fundraising efforts, administrative costs and our three support groups. It was agreed by the Trustees at their meeting on 8[th] September 2022 that an account would be opened with COIF Charities Deposit Fund through the CCLA (Churches, Charities and Local Authorities Investment Management) for any surplus monies in order to maximise the return on funds for future activities of the charity. Signatories to be the current Chair and Treasurer.

Review of progress, achievements, and future objectives

The purpose of this section of our report is to provide a clear summary of information about the activities of the Topic of Cancer. In particular, we review the progress against our objectives set for 2023, record achievements for the year and set objectives for next year.

Our objectives for 2023 were:

The charity has expanded its trustee base by appointing two new trustees, one of whom is a consultant oncologist who heads the research team, thereby bringing up to date research information to trustees and providing an invaluable link to the Royal surrey County Hospital, and the other who has considerable experience of sitting on the boards of charities and skills in liaising and linking charities together and organising events.

The charity has worked on building up its support group. The profile of the charity has been raised by attendance at various networking events such as Business Expo at the University of Surrey in April 2023 which gave the trustees the opportunity to make contact with other local charities and businesses both to fund raise and promote the charity. We have attended Surrey Charity Network meetings and met with Surrey Voluntary Services in order to extend the awareness of the charity. We still employ a contractor for a few hours per month to handle our social media and thereby promote the charity. This is our first paid employee but we feel it essential to use someone conversant with this method of publicity if we are to grow the charity. We are active users of social media and have a strong following on Facebook and Twitter. We have produced regular Newsletters to keep our supporters updated on current research and events.

Time has been spent looking for corporate supporters but the economic climate ensured that this was not a good use of time currently. Many firms were reluctant to commit expenditure in a financially unstable climate. This is not to say that we have

not been supported by various local organisations. The Guildford Quilters generously donated the proceeds from an exhibition of quilting at a local house of historic interest, the Community Foundation for Surrey gave a grant to our choir and Thames West Unicorn/Wokingham Fireworks donated a proportion of the takings from their firework event. We have been fortunate to be the beneficiaries from Surbiton Rotary Club as well as from regular monthly donations from private individuals. . We continue to receive some monies from funerals and birthdays as well as from organisations where talks are given by a member of the charity. The Tiverton Rotary Club also continued to support our fund raising.

Instead of approaching more corporates, the charity decided to use its resources in fund raising events. One of the members of our research team ran the London Marathon raising money for us. In May, we held an Open Garden which raised a good amount and, in September, a Supercar event which raised a significant amount. We are most grateful to Tanya and Robert Lewis for lending us their venue. In September, we organized a Purple Ball which was well attended.

Charity trustees have spent some time reaching out to the local community of GPs and nurses and building on the relationship with medical and nursing staff is ongoing.

We have not set up a Working Party for financial planning but, instead, decided to form a “Moving Forward” Working Party to look at the whole direction of the charity including its financial planning. This work is on-going into 2024.

Our Patient Support Groups have been thriving and continue to provide the support so many cancer sufferers require. The choir has several new members and all say how much they benefit from this interaction. They have enjoyed taking part in local events such as ChoirBlast.

The fitness groups have been extremely well attended on Zoom and there are now 6 classes a week offering pilates, tai chi and general fitness. Each applicant is individually assessed and allocated a class that meets their needs led by special trained instructors. We continue to work in partnership with ThriveFit in providing this service.

We see the way forward as collaborating with other organisations so have been fortunate to partner with another group, Cancer Chat Cafe in providing a support group. The continuing attendance of members at all our groups only goes to demonstrate the importance to them.

The total amount raised from fundraising events in the year is £48,519.

Notable funds raised.

Purple Ball £11,272
Open Garden £. 7,705
Guildford Quilters £ 1,300
Supercar event £12,881
London marathon £ 1,300
Surbiton Rotary Race Night £ 750
Addiscombe Masonic Lodge £ 1,000

There were many smaller donations from companies, members and individuals

The majority of the money is used to purchase and service essential equipment for the research team. We have provided some funding for PhD students to carry out work within the team. There is a continuing need to fund consumables and we are funding, maintaining, and updating the equipment needed to continue and extend the ground-breaking work of the research team. Our main focus has been to raise money for the Leica machine, a task we achieved in September 2023.

A small proportion of our income is used for the support, choir and fitness groups.

We have been able to meet our aims both in supporting the immunotherapy research group at the University of Surrey and encouraging and supporting the establishment of patient support groups. We hope to expand our fund raising for more specific items for the research team.

Next year, the charity intends to:

Immunotherapy report

The report is submitted by the team at the University and reflects their work in the year. It is included as we have been, and are, ongoing funding supporters to the team. We have no direct management of the group, which lies, within the University. The groups’ activities have been reported to the charity at meetings during the year.

The team has been concentrating on bladder cancer, the current treatment for which is toxic and causes unpleasant side effects. The aim is to supersede this treatment with a virus, the results of which are very promising. Dr Guy Simpson, who has been operational in developing this virus has filed a patent and the next stage is running a clinical trial in humans. This is to be formally presented to 2 biotechnology companies with the aim to partner development.

Research has been taking place into a form of advanced prostate cancer called Neuroendocrine Prostate Cancer (NEPC), which 1 in 5 men will get. Immunotherapy treatments for prostate cancer don’t usually work because the immune cells cannot infiltrate the prostate tumour. However, for 1 in 12 men, immunotherapy does work but the reasons why are not known. For men with NEPC, more information is needed as to whether, and what type, of immunotherapies will work. Trustees of Topic of Cancer agreed to fund £10,000 of this work. The team is collaborating with a centre in Milan which is developing immune based therapies for prostate cancer.

The Professor of Oncology and Senior Research Scientist negotiated a collaboration for the next 1-2 years with a company based in Oxford. This is the next step in their long term cancer survivor project- they will be taking samples from patients who have been cured by immunotherapy to work out why this has worked so well, and whether they can create the same effective immune cells in the factory as a therapy.

Work is also continuing on microbiome research into ethnic disparities in the outcomes of treatment for prostate cancer.

Review of financial activities

During the year the charity received income totalling £76,934 a 14% reduction over the 2022 figure. This figure is made up of £24,686 from grants and donations (a 50% reduction from 2022), £2,330 from charitable activities (-81%), £48,264 from Trading Activities (+73%) and £1,654 from bank interest (+1,436%). The increase in interest was primarily as a result of investing in the CCLA Account that was set up towards the end of 2022.

During the year the charity spent a total of £117,549, a 43% increase over the previous year, meeting all of its 2022 commitments to the University of Surrey (£82,144) (+65%) and to its Support Community £15,449) (+14%). The charity also spent £19,406 (+8%) on the costs of fundraising. The balance on expenditure of £551 was spent on insurance, publicity & administration. Our largest item of expenditure was a new piece of research equipment to the tune of £96,844 (included within the University of Surrey figure - This was part funded by a reallocation of funds set aside in 2021 to fund researcher salaries - that were ultimately not requested by the University.

At year end the charity had a surplus of £20,616, a reduction of £3,754 (-66%) on the balance at the end of 2022. This balance is unrestricted and will be carried forward to 2023 to continue with the funding of research and running its support groups.

Post balance sheet events

T he Charity Founder - Nigel Lewis-Baker, passed away in early 2024. He was very much the figurehead for our fund raising activities. It is not yet known how his death may affect our fund raising activities going forward.

Reserves policy

The Trustees aim to keep cash reserves of around £5,000.

Organisational structure

The Trustees undertake the day to day running of the charity, all of which occurs on a voluntary basis. The Trustees are also responsible for the strategic direction and policy of the charity and meet every two months or more often if necessary.

The Trustees believe that they have all the necessary documentation and policies in place, including GDPR, privacy policy and safeguarding.

Risk

The major risks to which the charity is exposed, as identified by the Trustees, have been reviewed and systems or procedures have been established to manage those risks.

Trustees Responsibility in respect of Financial Statements

Charity law requires the Trustees to prepare financial statements for each financial period which give a true and fair view of the charity's affairs; the Balance Sheet, the incoming resources and application of funds and the income and expenditure for the financial period. In preparing those financial statements the Trustees should follow best practice and:

The Trustees are responsible for maintaining proper accounting records, which disclose with reasonable accuracy the financial position of the charity, enabling 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.

Approved by the Board of Trustees on 10th October 2024 and signed on their behalf by:

Chair and Trustee Topic of Cancer. Charity number 1151079.

INDEPENDENT EXAMINERS REPORT

Independent Examiner's Report to the Trustees of The Topic of Cancer

Independent examiner's report to the trustees of The Topic of Cancer ('the Charity') I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31st December 2023.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). The Charity’s trustees consider that an audit is not required for this year under section 144(2) of the Act and that an independent examination is needed.

I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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. THB LLP

THB LLP ACCA 1 & 2 Studley Court Mews Studley Court Guildford Road Chobham Surrey GU24 8EB Date: 18[th] November 2024

STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDING

31[ST] DECEMBER 2023

INCOMING RESOURCES
2023 2022
Donations and Legacies
 £24,868 £49,499
Charitable Activities
 £2,330 £12,160
Other Trading Activities
 £48,264 £27,821
Bank Interest £1,654 £. 108
------------
 ------
-----
£76,934 £89,588
=======
======
RESOURCES EXPENDED
2023 2022

Raising Funds		 £19,406 £18,027
Charitable Activities £15,449 £13,503
Material Item of Expense £96,844 £49,700
Other Spend
 £-14,150 * £ 1,040
------------ -----------
£117,549 £82,270
=======
======
NET INCOME / (EXPENDITURE)
 (£40,614) £ 7,318

FUNDS BROUGHT FORWARD		 £61,230 £53,912
------------ ------------
FUNDS CARRIED FORWARD £20,616 £61,230
====== =======

BALANCE SHEET AS AT 31[ST] DECEMBER 2023

CURRENT ASSETS

CURRENT ASSETS
2023 2022
Debtors & Prepayments £2,207 £19,655
Cash at bank & in hand £20,834 £57,938
------------- ------------
£23,041 £77,593
------------- ------------
Creditors & Accruals £2,426 £16,363
------------ ----
--------
ASSETS LESS LIABILITIES £20,616 £61,230
------------ ------------
FUNDS TO THE CHARITY £20,616 £61,230

NOTES TO THE ACCOUNTS

1. BASIS OF PREPARATION

1.1 Basis of Accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued on16 July 2014 and with the Charities Act 2011.

1.2. Going Concern

The Trustees have considered what, if any, material uncertainties could affect the Charity’s ability to continue as a going concern in the next twelve months.

Cancellation of the Purple Ball and other fundraising events caused by the Covid pandemic are problematic because the Charity relies on this income to pay grants and overheads.

Available funds at 31st December 2021 were £53,912, of this £13,00 will cover annual support costs with the remainder used to fund research. The Charity does not employ any staff and overheads are kept to the absolute minimum. At no time would the trustees commit to future expenditure that exceeded available funds.

Now that we are emerging from the pandemic income streams from fund raising events are increasing and it is anticipated that these will continue to increase throughout the coming year.

On these assumptions, there is no reason to believe that the Charity will not continue as a going concern for the next twelve months at least.

2. ACCOUNTING POLICIES

2.1. INCOME

This standard list of accounting policies has been applied by the charity.

Recognition of Income

These are included in the Statement of Financial Activities (SOFA) when:

Offsetting

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS102 SORP

Grants and Donations

Grants and donations are included in the SOFA when the general income criteria have been met (5.10 to 5.12 FRS 102 SORP)

Tax Reclaims on donations and gifts

Gift Aid receivable is included when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation os considered to be part of that gift and is treated as an addition to the same funds the initial donation unless the donor or the terms of the appeal have specified otherwise.

Donated Goods

Donated goods are measured at a fair value (the amount for which the asset could be exchanged) unless impractical to do so. Gifts in kind for use by the charity are included in the SOFA as income from donations when receivable.

Donated Services and Facilities

Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA.

Income from interest, royalties and dividends

This is included in the accounts when the receipt is probable and the amount receivable can be measured reliably.

2.2 EXPENDITURE AND LIABILITIES

Liability Recognition

Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

2.3. ASSETS

Tangible fixed assets used by the charity

They are valued at cost

Debtors

Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.

3. ANALYSIS OF INCOME

Donations and Legacies: 2023 2022

Donations and Gifts		 £17,238 £47,611
Gift Aid £2,448 £ 1,888
Grants from other charities Nil Nil
Specific Grant £5,000
 Nil
----------- -----------
£24,686 £49,499
Charitable Events:
Organised Challenges £2,250 £10,085
Personal Challenges £. 80 £ 2,075
----------- ----------
£2,330 £12,160
Other Trading Activities:
Purple Ball £21,818 £27,820
Open Gardens £8,620 Nil
Car Event £17,826 Nil
---------- ----------
£48,264 £27,820

Income from Investments:
Bank Interest £1,654 £ 108
------------
 -----------
TOTAL INCOME £76,934 £89,587
=======
 ======

Restricted Funds included above:

Income includes a grant of £5,000 towards the running costs of the ToCVoices support group.

4. ANALYSIS OF RECEIPTS OF GOVERNMENT GRANTS

The charity received no government grant funding.

5. ANALYSIS OF DONATED GOODS AND SERVICES

The only donated service was the provision of accountancy services for the end of year report.

6. ANALYSIS OF EXPENDITURE

6. ANALYSIS OF EXPENDITURE
Expenditure on Raising Funds: 2023 2022
Incurred seeking donations
 £1,200 £ 1,906
Staging Fundraising Events
 £. 785 £2,325
Other Trading Activities £17,421 £13,795
----------- -----------
£19,406 £18,026
Expenditure on Charitable Activities:
Support Groups £15,449 £13,504
Material Item of Expenditure:
Grant to Surrey University
 £82,144 £49,700
Other:
Rebranding Costs Nil £ 478
Insurance and Admin
 £. 551 £
 562
——- ———-
£551 £ 1,040
TOTAL EXPENDITURE £117,549 £82,270
======= ======

Restricted Funds included above:

£5,000 spend within support groups relates to contribution towards the cost of running ToCVoices

Analysis of Expenditure on other charitable activities:

Support Groups 2023 2022
ToCVoices –Choir Leader & Hall Hire £10,949 £ 9,004

ToCFit –Fitness Trainer/Hall Hire/ Equipment £ 4,500		 £ 4,500
----------- -----------
£15,449 £13,504
====== ======

7. EXTRAORDINARY ITEMS

The Charity had no extraordinary items.

8. DETAILS OF CERTAIN ITEMS OF EXPENDITURE

There was no independent examiner fee in 2022

9. PAID EMPLOYEES

The Charity does not have any paid employees.

10. GRANT MAKING

The Charity gave an immunotherapy Research Grant to the University of Surrey. This was made up as follows:

Purchase of Leica Sampling Analysis Machine £96,844 Reallocation of resources of Grant unclaimed in 2022 (£14,700) ————- TOTAL £82,144 =======

11. TANGIBLE FIXED ASSETS

The charity does not have any tangible fixed assets.

12. INVESTMENT ASSETS

The charity does not have any investment assets.

13. STOCKS

The charity does not hold any stock.

14. DEBTORS AND PREPAYMENTS

DEBTORS AND PREPAYMENTS
Analysis of Debtors 2023 2022
Gift Aid £ 1,901 £1,804
Milford Golf Club £12,500
Wokingham Fireworks £ 3,000
Auction £ 1,470
Masonic Charities Fund £ 500
Miscellaneous Items £ 113 £. 309
Prepayments
 £193 £ 72
--------- ----------
£2,207 £19,655
====== ======
CREDITORS AND ACCRUALS
Analysis of Creditors
 2023 2022
Purple Ball £1,015
 £ 660
Support Groups £ 407 Nil
Surrey University Salaries Nil
 £14,700
Balance of EUSA Grant £ 903 £ 903
Social Media £ 100 £ 100

15. CREDITORS AND ACCRUALS

---------- --------£2,426 £16,363

====== ======

16. PROVISIONS FOR LIABILITIES

The charity has not made any provisions for future liabilities.

17. CONTINGENT LIABILITIES AND CONTINGENT ASSETS

The charity has no contingent liabilities or assets.

18. CASH AT BANK AND IN HAND

2023 2022
Short term deposits £15,691 £57,101
Cash at bank and on hand £ 5,143 £ 837
------------ -----------
£ 20,834 £57,938
======= ======

19. FAIR VALUE OF ASSETS AND LIABILITIES

The charity's exposure to debt is very small. The only debts outstanding are generally those occurring around the time of the purple ball. The charity has sufficient funds to cover any losses as a result of the failure of debtors to not pay monies outstanding.

20. EVENTS AFTER THE REPORTING PERIOD.

In early 2024 the charity founder died. He was very influential in helping the charity to raise funds. Many donors donated because of him. As a result it is likely that some of the charity’s funding streams will lessen.

21. CHARITY FUNDS

21.1 MATERIAL FUNDS AND MOVEMENTS DURING CURRENT REPORTING PERIOD

Fund balances Income Expenditure Transfers Gains & Fund Balances brought forward Losses carried forward

Research
 £54,730 £70,694 £102,100 (£7,708) -
 £15,615
Support Groups £ Nil £. 1,240 £ 10,449 £9,208 - Nil
Contingency £. 6,500 (£1,500) - £
5,000
----------- ------------ ----------- ——— —— ————
Total Funds £61,230 £71,934 £112,549 - - £20,615
====== ======= ======= ===== ==== ======

21.2 MATERIAL FUNDS AND MOVEMENTS DURING PREVIOUS REPORTING PERIOD

Fund balances Income Expenditure Transfers Gains & Fund Balances

brought forward
Losses carried forward Losses carried forward Losses carried forward
Research £49,359 £88,572 £68,214 (£14,987) - £54,730
Support Groups £ 4,553 £ 1,016 £14,056 £ 8,487 - Nil
Contingency £ 6,500 - £ 6,500
----------- ------------ ----------- ——— ——— -----------
Total Funds
 £53,912
 £89,588 £82,770 -
-		 £61,230