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← Pink Events UK Limited

2023-12-31-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 2023

PINK EVENTS UK LIMITED

CONTENTS FOR THE YEAR ENDED 31 DECEMBER 2023

Information 1
Directors’ report 2
Independent Examiner’s Report 5
Statement of Financial Activities 7
Balance Sheet 8
Statement of Cashflows 9
Notes to the Financial Statements 10

PINK EVENTS UK LIMITED

INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2023

Directors

Sarah Pattinson (deceased 6 October 2023) Mandy Bellfield Kim O’Rourke Maureen Young James O’Rourke (Chair from 10 October 2023) Michael Young

Company Number 08934642 Working Name Sarah’s Pink Events Registered Office 3 Chestnut Way Adel Meadows Leeds West Yorkshire LS16 7TN Registered Charity Number 1158646

PINK EVENTS UK LIMITED

DIRECTORS’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

The directors, who are also the trustees of the charity, present their report and the financial statements for the year ended 31 December 2023.

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.

PINK EVENTS UK LIMITED

DIRECTORS’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

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.

Achievements and performance

Sarah, founder of Pink Events, passed away in October 2023 following a long and difficult battle with breast cancer. Sarah was a wife, mother, first time grandmother, sister, sister-in-law, aunt and daughter and friend to many, very much loved by all.

Sarah was the inspiration behind Pink Events which she founded in 2005 following Kimberley’s breast cancer diagnosis. Sarah felt that as Kimberley underwent her treatment it would help if she had something else to focus on and look forward to and so she decided to arrange a Pink Ball. This was a tremendous success, Sarah carried on and organised another ball the following year and shortly other events followed.

Sarah is missed so very much by all of us and she left a legacy that we, the Pink Events family, will carry on and try to live up to.

During Sarah’s long illness in 2023 some of the planned events had to be cancelled with the exception of our garden party in July, an evening with a Rod Stewart tribute act and our now regular stall at the Harrogate Christmas Fair.

During the year we were overwhelmed by the support of many friends and family who decided to raise money for us in their own unique way:

Mailway Packaging Solutions Limited supported us as they have done for the last 10 years.

A huge thank you to all our supporters and friends.

During the year we purchased the Body-Jet Evo machine for the breast care unit at St James Hospital, we also paid the final instalment of the Research project done by a Doctor at the unit.

Future plans

During 2024 we plan to return to our usual level of activity. We are planning a Wine Tasting evening, an afternoon tea with a Michael Buble tribute act, we will have our usual stall at the Harrogate Christmas Fair and once again we have been invited to decorate a Christmas tree at an event in Otley.

We intend to purchase another electronic couch for the unit, we will also fund another research project. We will also continue to support Breast Cancer Research UK.

PINK EVENTS UK LIMITED

DIRECTORS’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2023

Financial review

The income for the charity is £42,778 for the year ended 31 December 2023 (2022 - £42,047). As at 31 December 2023 the charity recorded unrestricted general funds of £31,695 (2022: £34,115) in addition to a designated fund with a balance of £24,800 (2022 - £56,000). Details of the designated fund are shown in note 7.

A proportion of Pink Events’ income came from donations from fundraising activities, also from sponsorship by Mailway Packaging Solutions Limited.

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 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 £56,495 including the £24,800 designated funds explained in note 7, and there is an expectation that further grants will be made in 2024 to utilise these year-end reserves.

Directors

The directors, set out below, have held office from 1 January 2023 to the date of this report, unless otherwise stated:

Sarah Pattinson (deceased 10 October 2023) Mandy Bellfield Kim O’Rourke Maureen Young James O’Rourke (Chair from 10 October 2023) Michael Young

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

Approved by the secretary on and signed on their behalf by

Maureen Young (Oct 24, 2024 18:34 GMT+1)Maureen Young 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 2023

I report on the financial statements of Pink Events UK Limited for the year ended 31 December 2023, which are set out on pages 7 to 13.

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:

PINK EVENTS UK LIMITED

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF PINK EVENTS UK LIMITED FOR THE YEAR ENDED 31 DECEMBER 2023

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 FCA

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

Date:

PINK EVENTS UK LIMITED

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2023

2023 2022
Unrestricted funds Unrestricted funds
£ £ £
£
Income
Donations 14,727 24,767
Interest received 107 7
Income from fundraising activities 27,944 17,273
Total income 42,778 42,047
Expenditure
Costs of raising funds 6,771
6,647
Expenditure on charitable activities 3 67,713 10,589
Other costs 4 1,914 1,898

Total expenditure		 76,398 19,134
Net (expenditure)/income (33,620) 22,912
Total funds at start of year 90,115 67,203
Total funds at end of year7 56,495 90,115

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 10 to 13 form part of these financial statements.

PINK EVENTS UK LIMITED

BALANCE SHEET AS AT 31 DECEMBER 2023

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
2023
£
-
56,735
56,735
(240)
56,495
31,695
24,800
56,495		 December
2022
£
-
90,355
90,355
(240)
90,115
34,115
56,000
90,115

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 and signed on its behalf by

Maureen Young (Oct 24, 2024 18:34 GMT+1)Maureen Young Maureen Young Trustee

Registered number: 08934642

The note on pages 10 to 13 form part of these financial statements.

PINK EVENTS UK LIMITED

STATEMENT OF CASHFLOWS FOR THE YEAR ENDED 31 DECEMBER 2023

____________
Note
2023
£
£
Cash flows from operating activities
Net movement in funds
(33,620)
Increase in debtors
5
-
Increase in creditors
6
-
Interest received
(107)
Net cash inflow from operating activities
(33,727)
Cash flows from investing activities
Interest received
107
Net cash inflow from investing activities
107
Net (decrease)/ increase in cash and cash
equivalents
(33,620)
Cash and cash equivalents at the start of the
year
90,355
Cash and cash equivalents at the end of the
year
56,735
Cash and cash equivalents consists of:
Cash at bank and in hand
56,735		 ____________
Note
2023
£
£
Cash flows from operating activities
Net movement in funds
(33,620)
Increase in debtors
5
-
Increase in creditors
6
-
Interest received
(107)
Net cash inflow from operating activities
(33,727)
Cash flows from investing activities
Interest received
107
Net cash inflow from investing activities
107
Net (decrease)/ increase in cash and cash
equivalents
(33,620)
Cash and cash equivalents at the start of the
year
90,355
Cash and cash equivalents at the end of the
year
56,735
Cash and cash equivalents consists of:
Cash at bank and in hand
56,735		 ____________
Note
2023
£
£
Cash flows from operating activities
Net movement in funds
(33,620)
Increase in debtors
5
-
Increase in creditors
6
-
Interest received
(107)
Net cash inflow from operating activities
(33,727)
Cash flows from investing activities
Interest received
107
Net cash inflow from investing activities
107
Net (decrease)/ increase in cash and cash
equivalents
(33,620)
Cash and cash equivalents at the start of the
year
90,355
Cash and cash equivalents at the end of the
year
56,735
Cash and cash equivalents consists of:
Cash at bank and in hand
56,735		 _______
2022
£
£
22,912
-
-
(7)
22,905
7
7
22,912
67,443
90,355
90,355		 _______
2022
£
£
22,912
-
-
(7)
22,905
7
7
22,912
67,443
90,355
90,355
107 7
(33,620)
90,355		 22,912
67,443
56,735 90,355
56,735 90,355

The note on pages 10 to 13 form part of these financial statements.

PINK EVENTS UK LIMITED

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

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:

3 Chestnut Way Adel Meadows Leeds West Yorkshire LS16 7TN

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 2023

(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 4 grants (2022: 3 grants)
H&T Charitable Trust 0 grants (2022: 1 grant)
Cancer Research UK 2 grants (2022: 0 grants)		 2023
2022
£
£
56,271
10,459
-
130
10,133
-
66,404
10,589

The St James’s Hospital grant comprises:

  1. the final element of £5,000 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. The total value of the grant, across the 2021, 2022 and 2023 financial years was £20,000.

  2. A grant of £180 to cover the purchase cost of bras for post-mastectomy patients. These bras contain padded inserts and are for use post-surgery.

  3. A grant of £71 for refreshments in the Breast Cancer Unit.

  4. A grant of £51,020 to fund the purchase of a Body-Jet Evo machine for the Breast Cancer Unit. The Body-Jet Evo is a liposuction and fat transfer machine used in breast reconstructive surgery.

The Cancer research UK grants have been made to further their work in the breast cancer field.

The Charity does not have any employees.

PINK EVENTS UK LIMITED

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

----- Start of picture text -----
|||| |---|---|---| |4.|Other costs| |2023|2022| |£|£| |Other|1,674|1,658| |Independent examination|240|240| |1,914|1,898| |5.|Debtors| |2023|2022| |£|£| |-|-| |Prepayments| |-|-| |6.|Creditors due in less than one year| |2023|2022| |£|£| |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| |2022|2023|2023|2023|2023| |£|£|£|£|£| |Unrestricted general fund|34,115|42,778|(20,378)|(24,820) 31,695| |Unrestricted designated fund 1|5,000|-|(5,000)|-|-| |Unrestricted designated fund 2|-|-|-|24,800 24,800| |Unrestricted designated fund 3|51,000|-|(51,020)|20|-| |───────|───────|───────|─────── ──────| |90,115|42,778|(76,398)|- 56,495| |═══════|═══════|═══════|═══════ ══════|

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

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

The Trustees have designated funds to cover certain costs in relation to the following:

  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 was utilised prior to this accounting period and the final £5,000 was expended in 2023.

  2. A research project which will investigate mechanisms behind how nutrition influences breast cancer development (with a specific focus on triple negative breast cancer). The anticipated costs are £24,800 and therefore the Trustees have designated this amount.

  3. 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 was designated to cover the estimated purchase cost.

  4. 12 -

PINK EVENTS UK LIMITED

NOTES TO THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

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 (2022: £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.

10. Financial Instruments

Financial assets that are debt instruments measured at amortised costs:

2023 2022
£ £
Debtors - -
Financial liabilities that are debt instruments measured at amortised costs:
2023 2022
£ £
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.