Company registration number.. CEOOI 152 Charity registration number. 1156377 Victoria's Promise (A company limitel by guarantee) Annual Rwrt and Financial Staiejnents forthe Year Ended 31 Mar¢h 2024 Vi¢toria's Promise Contents Trustees, Report Ito6 Independent Exarnin¢rfs Report Statement of Financial Activiti¢s Sto9 Balance Sheet 10 Notes to th¢ Financial Statements 11 to 17 Victoria's Promise Trnstees, Report The trustees present the annual report together with the financial 5taternents and auditi￿s, report of the charity for th¢ year ended 31 March 2024. The Trust¢¢5 have adopted the FKovAsions of Accounting and Reporting by Charities.. Statement of Recommended Pr￿1]¢¢ appli¢able to charities preparlng their accounts in accordance with the Finan¢ial Reportfftng Standard app]i￿ble in the UK and Republic of Irelalld (FRS 102) (¢ff¢div¢ I January 2015). Objec¢ive5 and Activities Missiott Stxtement The Mission of the Vi¢ioria'$ Promise ¢ommunity is to connec¢ support, empower and serve its tribe, so that ea¢h individual may flcwish through their journey with cancer. Objects and aims Victoria's Promise SuppoTts women ihrough eancer. We are a UK Charity focused on providing personalised supp)rt and services for womw and their families, from the moment of their di2gnosis, through treatment and beyond. Raising their positivity, reducing their feelings of isolation and fear, help ease any burdens due to their diagnosis and create as much norn￿11￿ as possible. Thereby aiding their wellbeing and helping to reduce reoccurrence. The vision of Vi¢tOTla'S Promise is a community of young women di￿0ver[ng peace, joy, com)ection and understandin& as t￿Y are supported and empowered through cancer. In the ¢at¢hrnent of ihe Hampshire Hospital Foundation Trus¢ Victoria's Promise supports women. between the ages of 18 8nd 50. with specific care provision lo meet iheir ernotional, physical and practical need5. This imcllldes, but noi limAted to, specialist therapies, on¢-lfron¢ yo* domestic cleaning, childminding and counselling for her and her immediate family rnembers. We visit each young woman in her home and idenlity the individual nttds that will create a difference and ¢&5¢ th¢ir journey through eaneer. Their needs n]ay change dependeni on any changes to tbeir pro￿osI5 and we ar¢ ih¢r¢ to serv¢ those needs as best we are able. D￿]ng the last 12 nminths Victoria's Promise h&8 deepened th¢ support we are offering young worn¢n and their familte4 workllig to offer a rnor¢ tailored and individualised care plan. Victoria's Promise has a150 rur￿ Tnonthly VP Meet ups, to serve the wornen in the Basingstoke and Winchester areas which are open to any young women diagnosed with cancer at any stage of her journey including after their treatment has finished and feel they will benefit frorn on-going support. The wom¢n find these get togethers very uplifting and a favour¢d way to meet other young women going through slmilar cancer treatnJent5 and challenges as themselves who they feel they can really relate to. We #im Lo open more areas for VP Live Meet Ups and to re introduce VP Connect, which are coffee mornings ¢0 introduce 2 or 3 women who are on a similar pathway? similar lifestyle and live geographically in Close proximity. The Vlftorl*'$ Promise App. continues to a much needed gap women diagn05¢d with cancer throughout the UK enabling theni io coJ)nect with other women on line, (Trft¢n finding so]neome who is on the sam¢ tr¢atment and stage &8 them, or finding someone els¢ who has been diagnosed with the same, sometimes iare cer as they have which they f]nd re assuring. We ¢(Trntinue to bring this community of young womeD together lo experience a range of Anftirniative and supportive webinars and a￿]Vities. The App raises their positivity, and decre￿5 their 3ens¢ of isolation and fears. Through the App the women access the necessary links to th¢ online webinars, workshops, yoga classes. PT classes and virtual coff¢e mornings. It also offers the means for them to find others who are living near by who they can priva1¢ rn¢5sage and aTrdnge to meet up with. The plan over time is to set up VP Live Meet Ups in more and moTe lo¢ations thToughout the UK. Page I Victoria's Promlse Trustees. Report Our aim is to build awareness of the VP App. ¢0 SUPW)rt th¢ breaiesi number of young wornen 80ing through cancer as well as during their r¢coY¢ry p¢riod, so that every woman has the opportunity to join this understanding and supportlve community. However, whilst we conlinue to reach more yOUDg women, enabling us to give dir¢¢t support throughout the UK, lack of funding this year stitled our ability to n]arkei and create as much awaren¢5s of the App as we would wish. Fiona Eastman, Co-Founder of Victoria's Prornise, Continued in her role as CEO of the charity for the fiscal year ¢nding March 2024. The TnLStees confm that they have referred to ihe guidance contained in the Cbarity Commission's general guidanct on publfftc benefft when reviewing the TnL8t's aims objectives and in pla￿￿]ftg ￿tUre activitie5 and setting the gratti making policy forth¢ year. Achievements and performanee Charitsble and Fundralslng A¢tlvltl¢s As a result of the ongoing difficult economic environm¢nt and in con]mon with the majority of the charitable sector, fijnding Continued to prove challenging this y¢ar. D¢spile all the elyorts of the whole team, in¢oming resources of £150,088 were 3.5 % below 2023 (£155,696). Charitable expenditure in the year of £180,143 was 15.40/0 above 2023 (£156,126). This was the result of additional fimdraising expenditure in the year, incurred on ow contrdcting specialist fundraising consultant in an att¢mpt to inere&8e incoming funding froJn ms and trusts. This proved Unsuccess￿1, and the Consultancy was ended. so ongoing costs were not being inc￿. The overall irnpact of the above was a net reduction in fimds of £30,055. Pagc 2 Victoria's Promise Trustees, Report Other blghllgbts Include During this fillancial period (April'23- March ?4), Victoria's Promise supported att increased number of 49 youttg women and mEmbeTS of their fat)Jily. All of them received a varying level of in*erson support and paid-for service5. Thirry per¢ent of ihem had one ormore family members being suppojted with in-person servi¢e$. Five of the women died during this period. and seven of the wotnen are still sutviving their terniinal progno$i$ as of 31st March 2024. Wilh the incr¢as¢ it) the number of wolnen we ale siWPOrting vmu5 the decrease in fiu)ding, we reduced 5taffin8 by olle member ty lower our outgoin8s as be* ￿ tould. 121 ConsultAtion Ev¢ry yowig woman with cancer ihai Victoria's Promise supports is part of OUT community. For those Ththo are diagnosed or rreated withiib the HaTnp$hire Hoswtal Foundation Trust, their first interacts.on with Victoria'g Promise would b¢ through a personal one-to.one ￿t)$￿It9t10n our CEO, who ¢oorth"nates all ihe care pmviston and critical support 8ervice5 we offer. CounBellinK Whilsi Vi¢tOTia'5 Promise has always f￿￿Sed on providing the very besi available cowis¢lling services to the community of womcn we support within the Hampshir¢ Hospital FouDdation Tr￿1, as well as their immediate fAmily members. Children of diffcrent ages ¢op¢ with their mother having Laneer in dtff¢rent ways. Likcwisc. tILeir partners, husband5, parents, and siblin85 ￿aY 5uff¢r and need support. Our counsclling services h8Ye a direcl impact on ihe young women and their familic5. and we will CODiinue to grow and expartd OUT reach ￿til il Is nationwide. The number of ￿'0M¢n and members oftheir family requesting counscllin8 contillues to in¢reose. Altern*tlve Th¢Taple8 Vi¢itsria'$ Promi8e has spceiali5t-trained th¢rapist o)ntradors who support our community of wom¢n OJJ a one-toryone basis with the aim of helping th¢ir ovKall w¢llb¢in8. Clinical cancer treatrnenls such as ehemotherapy aT￿ Tadiotherapy hav¢ s¢v¢re side effects. which we aim to h¢lp alleviate through specialists who an advis¢ on ways io relieve changes, provide Sp￿1&71$t massages to reduce lymphedema. aid sle¢p, reduce acxiety, suppon good nutriihon, and overall improyc w¢llbeing and re¢oY¢ry. Domestl¢ Cleaning We provide a spe¢io1 domestic cleaning service ¢0 women who are currently rccciving treatment. One of the biggest strains ot) women suifering from the extreme fatigu¢ that often accompanics treatll*At is rryryn8 to maintain a good home environment that 15 conducive to rc¢overy. W¢ ensur¢ that the cleallline5s of the FK)me is onc Icss thing to worry about, allowing th¢ women to T¢laK and r¢cover from th¢ir tr¢aID￿ntS and operations. Chlldmlmdlng When needed, we h¢lp to provide childminding to ¢ov¢r ftFr times when the yOUT]g woman is ¥tt¢ndÉng appointmcnts. Urtdergoing operations, or receivin¥ inp#ti¢ni ¢an¢¢r tr¢alm¢nt$. In $oine cases. this 5UPPOrt ensures that the husband or pam¢r can continue atteNbing work. This is a costly aspect of our services and a strain OD our funding. VP ComrnuThity One of ihe nmin drivers of mental and etnotional dislie5s for women ktween the age5 of I S and 50 is i501atiOD and lack of peei support. Womcn rcpori not wanting to burden their familics and feeling that friends do not undersland what they arc going through. As a young woman, it i& hard to find and conncct with oihffs who are undergoing similar ¢halleng¢s. We havc created a communily wh¢r¢ w¢ bring tygether the WOTnen w¢ ar¢ supportin& both OD]itie and offline, through workshops. coffee rnomirtg& yoga Classes, personal training closse4 onlit)e forums. group5, and webinars. We pmwde high-quality ar￿ relevant edutatton 8nd advice in an ¢nvironment conducive to peer-to-peer support and wellbeing. Pag¢ 3 Victoria's Promise Trusteu, Report FiTr&nci•l R¢view Pollcy on rvs¢n*s Total account re%rves at the yeaT-end stood at £l1.778 (2023: £41,833). The Trnstees rnaintaim reserves at a level whi¢h allows for plamied growth and un¢xpecl¢d expenditure. Th¢ reserves policy is Teviewed annually in line with the O￿l00k of the charity. changes in ￿ndIng and the expect economic climate. The Trustees aim to maintain cash r¢serves lo cover three Tnonihs 12023.. three months) operational expenditure. Cash reserves at the year