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2022-12-31-accounts

Company Registration Number: 08934642 Charity Number: 1158646

Pink Events UK Limited (a company limited by guarantee)

Directors’ Report and Unaudited Financial Statements For the year ended 31 December 2022

PINK EVENTS UK LIMITED

CONTENTS FOR THE YEAR ENDED 31 DECEMBER 2022

Information 1
Directors’ report 2
Independent Examiner’s Report 5
Statement of Financial Activities 6
Balance Sheet 7
Statement of Cashflows 8
Notes to the Financial Statements 9

PINK EVENTS UK LIMITED

INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2022

Directors Sarah Pattinson (Chair) Mandy Bellfield Kim O’Rourke Maureen Young James O’Rourke (appointed 28 May 2022) Michael Young (appointed 10 June 2022) Company Number 08934642 Registered Office 1 Hawthorne Gardens Adel Leeds West Yorkshire LS16 7TP Registered Charity Number 1158646

PINK EVENTS UK LIMITED

DIRECTORS REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

The directors, who are also the trustees of the charity, present their report and the financial statements for the year ended 31 December 2022.

Company status

Pink Events UK Limited does not have share capital and is limited by guarantee to the value of £10 per member.

The company was incorporated on 12 March 2014 and is constituted under the Memorandum and Articles of Association of the company, dated 12 March 2014 as amended on 16 September 2014 and comprise its principal governing documents.

The company obtained charitable status from 23 September 2014, with the charity number 1158646.

The objects of the charity are to relieve sickness and promote and protect good health amongst those who are at risk of, or who have been diagnosed with, breast cancer in such ways as the trustees shall think fit, in particular but not exclusively by:

Statement of directors' responsibilities

Company Law requires the directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the company at the end of the year and of its financial activities during the year then ended. In preparing those financial statements, the directors are required to:

The directors are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the trust and which enable them to ensure that the financial statements comply with the Companies Act 2006. They have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the trust and to prevent and detect fraud and other irregularities.

Governance and management

The charity was registered with the Charity Commission on 23 September 2014. Its constitution was adopted on 16 September 2014. The governing documents instruct the trustees to act in a way to promote the objects of the charity.

The trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the Trust’s aims and objectives and in planning future activities.

Trustee appointment, induction and training

Trustees are appointed by the Members of the Charity, who are also the Trustees. New trustees undergo induction and training to brief them on their legal obligations under charity and company law, the Charity Commission guidance on public benefit, and inform them of the content of the Memorandum and Articles of Association, the committee and decision-making processes, and recent financial performance of the charity.

PINK EVENTS UK LIMITED

DIRECTORS REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

Achievements and performance

2022 once again proved a challenging year for Pink Events with breast cancer in the family once more. In spite of these challenges Pink Events, with the help of many supporters, raised over £42,000.

We are grateful for the continued support that Mailway Packaging Solutions Ltd have provided this year. They have maintained their supportive contribution which has been provided since Pink Events was registered as a Charity in 2014.

We would like to thank the staff at Stonebridge Homes for their continued support of Pink Events with office-based fundraising events.

The bakery staff at Betty’s of Harrogate nominated Pink Events as their charity of the year and held a number of fundraising events throughout the year which raised £11,772 for Pink Events.

We would like to register our thanks to a number of our supporters who took on personal challenges throughout the year in order to help. These included James J who participated in a white-collar boxing challenge, Claire McFarlane and friends who walked the Yorkshire Three Peaks, Angie who bravely shaved off her hair, Callum Gommersal who is now a regular fundraiser through his Personal Training business (CG Fitness).

We would also like to mention the following family friends who regularly give up their time to support Pink Events, not only by completing challenges, but by volunteering to help at all our events. Thanks to Josh, Jonny, Jacob, Makeil, Ben and Luke. We don’t know what we would do without this fantastic level of support.

In 2022 Pink Events returned to our familiar and successful fundraising events such as the Wine Tasting, Afternoon Tea, Garden Party and a four-day stall at the Christmas Fair at the Great Yorkshire Showground.

During 2022, Pink Events continued the grant funding of the chemotherapy effectiveness research project which began in 2021.

Future plans

2023 brings its own health challenges with its ongoing fight against breast cancer within the Trustee family, however, we will continue to operate our usual events e.g. wine tasting evening, afternoon tea, garden party and the Christmas Fair at the Great Yorkshire Showground. We will also be hosting a Rod Stewart tribute night for the first time.

Our supporters are already planning various sporting challenges which will include Mitch, Jonny, Josh, Callum, Scott and Clive running the Rob Burrow Marathon. Josh & Ethan running the Yorkshire Three Peaks, Rachel taking on a 10k run, Emma & Niamh climbing Snowden and Liv & Abby taking on the Tough Mudder (Yorkshire) challenge and many more to come.

During the next financial year Pink Events will purchase a BodyJet Evo system which will replace a piece of equipment we had supplied to St James’s Hospital in Leeds some 14 years ago which was now at the end of its useful life. With this in mind we have designated the required funds as explained more fully in note 7.

We will also continue to support Cancer Research UK with regular donations.

Financial review

The income for the charity is £42,047 for the year ended 31 December 2022 (2021 - £36,633). As at 31 December 2022 the charity recorded unrestricted general funds of £34,115 (2021: £52,203) in addition to a designated fund with a balance of £56,000 (2021 - £15,000). Details of the designated fund are shown in note 7.

A proportion of Pink Events’ income came from donations, also from sponsorship by Mailway Packaging Solutions Limited and Stonebridge Homes.

Pink Events are lucky to have many friends and supporters who arrange their own events with us in mind and donate the proceeds from various activities. The majority of our donors and supporters have been working with us for a number of years and we are eternally grateful for their friendship, help and support.

PINK EVENTS UK LIMITED

DIRECTORS REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

Pink Events would like to acknowledge the support and help of our Patrons: Steve le Fevre, Michael Speight, Philip Turton, Tim Lees, Richard Bramma and Bob Dixon.

Reserves policy

The directors’ principal aim is to ensure that income is sufficient to cover the charity’s regular expenditure and to utilise any surplus resources towards the principal objects as set out elsewhere in this report. The year-end reserves totalled £90,115, including the £56,000 designated fund explained in note 7, and there is an expectation that further grants will be made in 2023 to utilise these year-end reserves.

Directors

The directors, set out below, have held office from 1 January 2022 to the date of this report, unless otherwise stated:

Sarah Pattinson (Chair)

Mandy Bellfield

Kim O’Rourke

Maureen Young

James O’Rourke (appointed 28 May 2022)

Michael Young (appointed 10 June 2022)

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the secretary on Sep 25, 2023

and signed on their behalf by

Maureen young Maureen young (Sep 25, 2023 09:53 GMT+1)

Maureen Young

Trustee

PINK EVENTS UK LIMITED

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF PINK EVENTS UK LIMITED FOR THE YEAR ENDED 31 DECEMBER 2022

I report on the financial statements of Pink Events UK Limited for the year ended 31 December 2022, which are set out on pages 6 to 12.

Respective responsibilities of trustees and examiner

The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements as carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(b) of the 2011 Act.

This report, including my statement, has been prepared for and only for the charity’s trustees as a body. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body for my examination work, for this report, or for the statements I have made.

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 financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, 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 financial statements 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, which is complete, no matters have come to my attention which give me reasonable cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.

Signed:

David Hoose (Sep 25, 2023 09:56 GMT+1)

David Hoose FCA

Mazars LLP, Park View House, 58 The Ropewalk, Nottingham, NG1 5DW

Date: Sep 25, 2023

PINK EVENTS UK LIMITED

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2022

2022 2021
Unrestricted funds Unrestricted funds
£ £ £
£
Income
Donations 24,767 17,685
Interest received 7 1
Income from fundraising activities 17,273 18,947
Total income 42,047 36,633
Expenditure
Costs of raising funds 6,647
2,441
Expenditure on charitable activities 3 10,589 15,000
Other costs 4 1,898 2,262

Total expenditure		 19,134 19,703
Net income 22,912 16,930
Total funds at start of year 67,203 50,273
Total funds at end of year7 90,115 67,203

The Statement of Financial Activities has been prepared on the basis that all operations are continuing operations.

There are no gains or losses other than those reported in the Statement of Financial Activities.

The note on pages 9 to 12 form part of these financial statements.

PINK EVENTS UK LIMITED

BALANCE SHEET AS AT 31 DECEMBER 2022

Notes
Assets
Debtors
5
Cash at bank and in hand
Creditors due in less than one year
6
Net assets
The funds of the charity:
Unrestricted funds – general
7
Unrestricted funds – designated
7
Total charity funds		 December
2022
£
-
90,355
90,355
(240)
90,115
34,115
56,000
90,115		 December
2021
£
-
67,443
67,443
(240)
67,203
52,203
15,000
67,203

In preparing these financial statements:

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by the Board of Trustees on Sep 25, 2023 and signed on its behalf by

Maureen young Maureen young (Sep 25, 2023 09:53 GMT+1)

Maureen Young Trustee

Registered number: 08934642

The note on pages 9 to 12 form part of these financial statements.

PINK EVENTS UK LIMITED

STATEMENT OF CASHFLOWS FOR THE YEAR ENDED 31 DECEMBER 2022

____________
Note
2022
£
£
Cash flows from operating activities
Net movement in funds
22,912
Decrease in debtors
5
-
Increase in creditors
6
-
Interest received
(7)
Net cash inflow from operating activities
22,905
Cash flows from investing activities
Interest received
7
Net cash inflow from investing activities
7
Net increase in cash and cash equivalents
22,912
Cash and cash equivalents at the start of the
year
67,443
Cash and cash equivalents at the end of the
year
90,355
Cash and cash equivalents consists of:
Cash at bank and in hand
90,355		 ____________
Note
2022
£
£
Cash flows from operating activities
Net movement in funds
22,912
Decrease in debtors
5
-
Increase in creditors
6
-
Interest received
(7)
Net cash inflow from operating activities
22,905
Cash flows from investing activities
Interest received
7
Net cash inflow from investing activities
7
Net increase in cash and cash equivalents
22,912
Cash and cash equivalents at the start of the
year
67,443
Cash and cash equivalents at the end of the
year
90,355
Cash and cash equivalents consists of:
Cash at bank and in hand
90,355		 ____________
Note
2022
£
£
Cash flows from operating activities
Net movement in funds
22,912
Decrease in debtors
5
-
Increase in creditors
6
-
Interest received
(7)
Net cash inflow from operating activities
22,905
Cash flows from investing activities
Interest received
7
Net cash inflow from investing activities
7
Net increase in cash and cash equivalents
22,912
Cash and cash equivalents at the start of the
year
67,443
Cash and cash equivalents at the end of the
year
90,355
Cash and cash equivalents consists of:
Cash at bank and in hand
90,355		 _______
2021
£
£
16,930
-
240
(1)
17,169
1
1
17,170
50,273
67,443
67,443		 _______
2021
£
£
16,930
-
240
(1)
17,169
1
1
17,170
50,273
67,443
67,443
7 1
22,912
67,443		 17,170
50,273
90,355 67,443
90,355 67,443

The note on pages 9 to 12 form part of these financial statements.

PINK EVENTS UK LIMITED

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

1. Accounting policies

(a) General information

Pink Events UK Limited (‘the charity’) is a charitable company limited by guarantee incorporated in the United Kingdom and registered as a Charity in England and Wales. The address of the registered office is:

1 Hawthorne Gardens

Adel

Leeds West Yorkshire LS16 7TP

The charity was established to relieve sickness and promote and protect good health amongst those who are at risk of, or who have been diagnosed with breast cancer. The Trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning its activities.

These financial statements have been presented in pound sterling which is the functional currency of the charity.

(b) Basis of preparation

The charity is a public benefit entity and the financial statements have been 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 Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019) – (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS102) and the Companies Act 2006. Assets and liabilities are initially recognised at historical cost.

(c) Income

Donations and fundraising income are accounted for when conditions for receipt have been met and there is a reasonable assurance of receipt.

Bank interest is accounted for when receivable.

(d) Expenditure

Costs of raising funds comprise the direct costs of undertaking these activities. These are recognised when there is a legal or constructive obligation.

Charitable activities represent grants made. These are recognised when there is a legal or constructive obligation.

Other costs comprise the costs of running the charity including certain legal and professional fees and secretarial and administration costs.

Grants are considered on their merits and approved by the Trustees. Only applications which would further the Charity’s objects are considered.

(e) Financial instruments

Financial assets and liabilities are recognised when the charity becomes party to the contractual provisions of the financial instrument. The charity holds only basic financial instruments, which comprise prepayments, accrued income and accruals.

Financial assets – classified as basic financial instruments

Relevant debtors include accrued income and prepayments.

Financial liabilities – classified as basic financial instruments

PINK EVENTS UK LIMITED

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

(f) Going concern

The Trustees have considered the future activities of the charity. Due to the expected activities together with the low fixed overheads of the charity, the trustees have concluded that they believe the charity to be a going concern and they have not identified any material uncertainties. Therefore they have prepared the financial statements using the going concern basis of accounting.

2. Critical Accounting Judgements and Key Sources of Estimation Uncertainty

In applying the charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The judgements, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made, and are based on historical experience and other factors that are considered to be applicable. Due to the inherent subjectivity involved in making such judgements, estimates and assumptions, the actual results and outcomes may differ.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods, if the revision affects both current and future periods.

The Trustees believe that there are no critical accounting judgements nor key sources of estimation uncertainty within these financial statements.

3. Expenditure on charitable activities

The charity undertakes its charitable activities in part through grant making and has made the following grants in the year under review:

llowing grants in the year under review:
Recipient Number
St James’s Hospital Leeds 3 grants (2021: 1 grant)
H&T Charitable Trust 1 grant (2021: 0 grants)
Cancer Research UK 0 grants (2021: 1 grant)		 2022
2021
£
£
10,459
5,000
130
-
-
10,000
10,589
15,000

The St James’s Hospital grant comprises:

  1. the second and third elements (of £5,000 each) of the costs Pink Events has agreed to pay in respect of a research project investigating the effectiveness of chemotherapy in triple negative breast cancer treatment.

  2. A grant of £459 to cover the purchase cost of bras for post-mastectomy patients. These bras contain padded inserts and are for use post-surgery.

The H&T Charitable Trust grant has been made to fund the Charitable Trust’s breast cancer project.

The Charity does not have any employees.

4. Other costs

Other
Independent examination		 2022
2021
£
£
1,658
2,022
240
240
1,898
2,262

PINK EVENTS UK LIMITED

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

5. Debtors

----- Start of picture text -----
|||| |---|---|---| |2022|2021| |£|£| |-|-| |Prepayments| |-|-| |6.|Creditors due in less than one year| |2022|2021| |£|£| |Accruals|240|240| |240|240|

----- End of picture text -----

7. Funds

----- Start of picture text -----
|||||| |---|---|---|---|---| |Balance|Movement in Resources|Balance| |31 Dec|Incoming|Outgoing|Transfers 31 Dec| |2021|2022|2022|2022|2022| |£|£|£|£|£| |Unrestricted general fund|52,203|42,047|(9,134)|(51,000) 34,115| |Unrestricted designated funds|15,000|-|(10,000)|51,000 56,000| |───────|───────|───────|─────── ──────| |67,203|42,047|(19,134)|- 90,115| |═══════|═══════|═══════|═══════ ══════|

----- End of picture text -----

All of the Charity’s assets and liabilities are unrestricted.

The Trustees have designated a fund to cover certain costs in relation to two matters:

  1. A research project which aims to improve Breast Cancer treatment effectiveness. Initially this project was hoped to have begun during 2020 but, due to delays caused by the COVID-19 pandemic, the project began in August 2021 and will take two years to complete. The total amount initially designated was £20,000 of which £15,000 has been utilised. The expectation is that the final £5,000 will be utilised during 2023.

  2. The purchase, during 2023, of a Body-Jet Evo machine for the Breast Cancer Unit at St James’s Hospital in Leeds. The Body-Jet Evo is a liposuction and fat transfer machine used in breast reconstructive surgery. £51,000 has been designated to cover the purchase cost.

8. Trustee Remuneration

The members of the Board of Trustees received no remuneration for their services during the year. During the year Trustees received expenses totalling £nil (2021: £nil).

Key management personnel comprise only the Trustees who are the only employees, who received no remuneration in the current or prior year.

9. Taxation

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 to the extent that these are applied to its charitable objects.

PINK EVENTS UK LIMITED

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

10. Financial Instruments

Financial assets that are debt instruments measured at amortised costs:

2022 2021
£ £
Debtors - -
Financial liabilities that are debt instruments measured at amortised costs:
2022 2021
£ £
Creditors 240 240

11. Related Party Transactions

During the current and previous years there have been no related party transactions.

12. Legal Status of the Charity

The charity is incorporated as a company limited by guarantee, having no share capital. In accordance with the Memorandum of Association, every member is liable to contribute a sum of £10 in the event of the company being wound up. The members comprise the Trustees.

13. Ultimate Controlling Party

The charity has no ultimate controlling party due to no individual having control over it.