Hugs Children's Cancer Charity (CIO)
Annual Report and Financial Statements
Year Ended 30 April 2023
Charity registration number". 1161382

Hugs Children's Cancer Charity (CIO)
Contents
Reference and Adrninistralive Details
Trustees, Report
2109
Statement of Trustees. Responsibilities
10
Independent Examinerfs Report
Slalemenl of Financial Activities
121013
Balance Sheet
14
Notes lo the Financial Ststernents
15to24

Hugs Children's Cancer Charity (CIO)
Reference and Administrative Details
Chlef Executiv8 Officer
Mrs Elsbelh Hallam
Charity
Mr Ade Edwards Ichairl
Ms Zoe Edwards
Michael Hallam
Kelly Heauey
Victoria Reeve
PO Box 164
PLYMOUTH
Devon
PL1 9EP
co foundtrr of Hugs Children's Cancer
Tru$toes
Principal Office
Telephone .' 01752 651880 107812 346019
Email . enquiries@hugsfromhenry.co.uk
Websitè.. www.hugslromhenry.co.uk
CharSty Registration Number
7161382
Soll¢ltors
Nash & Co
Beaumont House
Beaumont Park
PLYMOUTH
Devon
PL4 98D
GA Solicitors
Gillakasler House
25 Lockyer Street
PLYMOUTH
PL1 2QW
Independant Examiner
Francis Clark LLP
Independent examiner
Melville Building East
Unit 18
23 Royal William Yard
PLYMOUTH
Devon
PL1 3GW
Page 1

Hugs Children's Cancer Charity {ClO)
Trustees, Report
The Iruslees prestsnl the annual report together with the financial statements of the charity for the year
ended 30 April 2023.
Trustees and officers
The Iruslees and officer5 serving during the year and since the year end were as follows..
Mr Ade Edwards (Chair)
Ms Zoe Edwards
Michael Hallam
Kelly Healley
Victoria Reeve (appointed 14 January 20241
Trustees..
Chief Executive offi￿r..
Mrs ESsbelh Hallam
Charity
co founder of Hugs Children's Cancer
Misslon Stat¢ment
Hugs Children's Cancer charity is a Plymouth based charity which helps families who havtslhad a child
with Childhood cancer. Whether emotional support, making a memory or helping families keep in
touch, Hugs Children's Cancer charity provides them wth a place lo tum.
Obje¢tlves and actlvltles
The charity is a Charitable Incoporated Organisation ICIOI with its principal office in England. Hugs
Children's Cancer Charity is a small non-governmental, non-polili¢al, non-religious charity established
in 2015. 11 is registered as a charity with the Charity Commission under registration number 1161382.
The charity objectives are as follows..
Th& relief of sickness and the pr&servalion of health of children and young people suffering fro
Neuroblastoma or childhood cancer, in particular but not exclusively by the provision of a
respilelholiday home. and emotional support and the provision of group social events lor them and
their families.
To provlde relief of sickness and the preservation ol h8allh of children and young people suffaring
wlth childhood cancer. in particular with the provision ol group social events.
Page 2

Hugs Children's Cancer Charity {ClO)
Trustees, Report (continued)
Fundraising
The charity runs two charity shops which sell second hand dDnated goods. provides an outlet for
publicity material for the charity and collects donations for the ggngral work of the charity..
Hugs Childrens Cancer Charity donation unil
1-3 Unil,
Sugar Mill Retail Park
Plymouth
PL9 7HT
Hugs Childrens Cancer Charity shop
The Broadway
PIyTnslock
Plymouth
PL9 7AU
Telephone. 01752 651880
Public benefit
The trustees confirm that they have complied with the requiremenis of section 17 of the Charities Act
2011 to have due regard lo the public benefit guidance published by the Charity Commission for
England and Wales.
What have we achieved this year
In summary Hugs Children's Cancer Charity has delivered the following activities for the publlc benefit
which are in accord with our charitable objects and aims..
The respite home continues lo provide unique breaks for families affected wth childhood cancer.
Families are offered 31517nighls al the respite home free of charge. The house has been invésted into
lo ensure that farnilies have a relaxing break. including a privatè hol lub and pagoda, new board
games and books and entertainmenl channgls such as Disney, Paramount and Sky.
Emotional support I Peer lo peer support is provided through our CEO Elsbelh Hallam who speaks
to many families nationally, providing one lo one advi¢e and emotional 5UPPOrt. Elsbelh also manages
social media groups to support families with ¢hildhood can￿r in Plymouth, Cornwall and now Exeler.
Elsbelh uses social media lo connect with families throughout the UK as a reach out service. Her
information is also given to newly diagnosed families alongside a voucher.
We have provlded emotional support and delivered "care packs" lo the families affected by
childhood cancer during hospital visits lo Plymouth Derriford Hospital, Bristol Children's Hospital.
Treliske and more recently Royal Devon and Exèter Hospitals and London's GOSH and UCLH. The
care packs genèrally consist of small Ireals, loilelries and food vouchers for the family. Elsbeth has
also carried out a number of individual visits to local families on request.
Page 3

Hugs Children's Cancer Charity {ClO}
Trustees, Report (continued)
We have again provided luxury Hampers and gifts al Christmas to Derriford Hospital, Bristol
Children's Hospital, Royal Devon and Exeter Hospita1 and Royal Comwall Hospital and hand
delivered to families in the comrnunity induding our bereaved families.
Our charity shops continue to be our main fundraiser for the charity. 11 has become a Community in
itself with regular customers. volunteers and ils own social media platform run by our retail manager,
Ryan Jackson. The retail provides job opportunity but also volunteering tc) adults with leaming
difficulties. As a result of opening the new shop and the charity moving illlo a larger unil on the
Broadway income from the charity shop5 has more than doubled this year from £164k to £346k. costs
havè increased from £138k to £240k.
The charity returned ID organlzing group events and coffee mornings for families including the
popular family away days to popular sights around the country. This year we have taken two groups to
the Harry Potter experience, provided zoo visits and coffee mornings al Ihe Egg drop in Plymslock
and at Jump childrens play area. Our biggest family away day will be Longleat in November in which
we have applied for a National Lottery grant.
We have employed a charity fundraiser lo focus solely on bringing in the vital funds needed to run
the charity. We hope to expand this team as our charity grows.
Use of volunteers
W& are lucky to be supported by 30 regular volunteers over both the shopping units. Our retail
manager, Ryan, actively encourages supporting people in the community with learning difficulties to
work in the units. We also have a number of volunteers who will also help al events, for example the
charity balls often sees part volunteers relum to support the charrty in raising funds IhroLJgh raffles
and bucket Collecting.
Volunle8rs continue to be the lifeblood of the charity, a donation of lime really makes a massive
differen￿ lo (he amount of money we Can raise.
Finan¢lal revlew
Net exp?nditLJre for the year was £32,810 12022.. nel expendilure £29,024). The balance held in
unreslricled funds at 30 April 2023 was £72,235 12022.. £108,7511 of which £4.886 12022: £4701 is
represented by fixed assets and is not therefore readily available. The balance held on restricted
funds at the year end was £145,32212D22-. £141,616).
Policy on re5erYes
The Iruslees aim to maintain free reserves al a level which equates lo approximately six months of
unreslri¢led expenditure. The Irijstees consider the CIO'S Èxposure lo major risks in terms of their
likely irnpacl on income sources and planned expenditure in the short lo medium term, as well as
assessing the best way to manage such risks. The unreslricled funds of the charity are held for the
promotion of physical and mental health of sufferers of Neuroblastoma in the UK and lo provide
support and advi￿ lo families of children suffering from Neuroblasloma.
Al the year end free reservos were £67,349 which equates to 2 months of expenditure based on the
last financial year. The Irusl&es are mindful that the reserves policy is not being mel and ale looking
at ways lo 5ncrease shop and event income going forward.
Page 4

Hugs Children's Cancer Charity {ClO)
Trustees, Report (continued)
Plans for future periods
Our Vision
We TMII continue lo provide respite lo families with childh¢)od cancer, in treatment. post treatment
and lo those who have been bereaved by childhood Gancer. There is currently no limit on lime when
this support ends as we feel childhood cancer is a long term (Jiagnosis and has lasting effecls on not
only the Child with cancer bul the whole family. The home ¢ontinues lo be open all year.
We will continue to visit hospitals within the South Wesl lo provide care packs and emotional support
lo Ioc81 families being Irealed in these areas. W$ provide emotional support over the phone or email
for any family with neuroblasloma nationally. We hope moving into 2024 that this will increase as
fundraising pressLJras are taken off OLJr CEO, Elsbeth, with the new fundraiser.
We will continue lo providg our annual Children's Cancer Ball free of charge to the local oncology
¢hildren and their families.
* We will organize various group away days throughout the year for fainilies lo spend lime with other
oncology families, encouraging communication and support in thè oncology community. We hope lo
incréase the away days from 2 8 year to 3 or 4 a year.
We will continue to provide gifts and hampers al Christmas lo local hospitals. We are happy lo have
expanded this year lo support all of Devon and Cornwall's main children's departments with these in
2023.
We will continug lo provide cooked meals lo those in t￿atMent when requested. Vouchers and car8
packs will hopefully grow as the chaiily fundraising grows.
How do w¢ fund our mission$7
Charity Shop
Fundralsing events
Sponsored runs. walks, skydives elc.
Corporate sponsorship
Grants from National grant givers ie National Lollery. Comic relief, Red nose day, Global Make
Some Noise, Sl James Place
Structure, governance and management
Nature of governlng document
The trust is a registered charity (number 11813821, 8 charitable ￿nCOrporated organisalion ICIOI
(number CE0039831 and is consliluted under trust deed dated 22 April 2015 in England and Wales.
On 23 July 2020 the charity changed its name lo Hugs Children's Canc8r Charlly (formerly known as
Hugs From Hgnryl.
If the CIO is wound up, the members of the CIO have no liability lo contribute to its assets and no
personal responsibility for settling its debts and liabilities.
Page 5

Hugs Children's Cancer Charity (CIO)
Trustees, Report (continued)
Recruitment and appointment of trustees
The constitution provides for a minimum of three trustees and Ih&re is no maximum. Every trustèe
musl be appointed by a resolulitsn passed at a proptrrly convened meeting of the charity trustees. In
selecting individuals for appointment regard is given lo skills, knowledge and experience. Trustees
an serve until they either ￿SIgn or their terrn ends wilhoul renewal. Overall responsibility for the
management of the CIO is vested in the trustees.
Our trustees are unpaid and details ol trustee expenses are disclos8d in the accounts.
The charity will re¢nJil additional trustees, as and when requir8d by invilalion. Trustees musl oive one
month's noti￿ befo￿ resigning. Extension of terms will be agreed by the board. The charily will b8
advertising for a new member lo join the Iruslee board in 2023.
Arrangements for setting key managementpersonnel remuneratlon
The day lo day management of the charity 15 Carried out by the CEO, Elsbelh Hallam, who receives
remLJneration Iiom the ch8rily for thi5 service. The level of remuneration is sel by the Iruslees, after
taking into account the siz8 of the charity and is benchmarked against other Charities in the local area.
Organi5ational slru¢ture
The day lo day running of the ¢harily Is handled by Elsbeth Hallam. She is guided by the trustees
when needed, organises trusltrè meetings quarterly and also tuns a Whatsapp group to ease
communication be￿een members. The majority of decisions are mado by a Quorum of three Iruslees
where the finan¢ial sums involved are in excess of £1,000.
Trustees all provide regular voluniary help with tasks where they have particular expertise,
Elsbelh Hallam is also thè family liaison officer for the charity. She has regular ¢ontacl with families
and ensures that she is available when needed for contact and visits. She organises group events,
food deliveries and general mana9emenl of the respile home.
The charity shop is run by Ryan Jackson, our retail development manager of both units. INilh a vast
experience of the retail s&¢lor. he is a key part of our fundraising mission IhrDugh the shops. Ryan is
dedicated to making a difference to not only the local community bul lo also the environment. being
the first charity shop in Plymouth lo recycle all plastics, he is keen on ensuring as little goes to landfill
as possible and that recy¢ling of all items is done where possible. This stands Hugs in great slttad as
we move IDrward into a more environtnentally friendly fijlure.
Page 6

Hugs Children's Cancer Charity (CIO)
Trustees, Report (continued)
Trustoes
Ade Edwards
Ade works a5 a senior manager within a drug and alcohol charity in Plymouth and has worked
exclusively in the third sector for the last 20 years. Ade bring5 knowledge and undersianding of how
charities operate, their legal fmmework and financial underpinnings to ihe board of trustees of which
he is currently chair.
Michael Hallam
Michael is HenWs father and CO•founder of Hugs Children's Cancer Charfly. Mike Is director of
Expedite Building Services, with over 13 years of electrical engineering experience. He has
experience of running large nLJmbers (>f staff and projects. He brings the knowledge from work lo the
Charity bul most crilically the knowledge of being a lather in the pediatri¢ oncology field.
Zoe Edwards
Zoe has been a long standing support lo Hugs from ils conception in 2015. Zoe is a registered nurse
with over 20 years experience, she brings her wealth of medi¢al knowledge and practice nurse
experiell￿ lo the Board.
Kelly Heatlèy
Kelly first started al Hugs as a volunteer helping raisg thousands and being a part if the original prid8
ol Plymouth fundraising teams. Kelly brings this experience lo the Board of Trustees and is pivotal in
fundraising ideas and campaigns.
Staff
Ryan Jackson - Retail Development Manager
Hayley Glanfield - Shop Assistant
Jaqueline Young Shop Assistant
Helen Townsend - Shop Assistant
Sharon Hallam - Shop assistant
Amy Lynn Shop A5sislanl
Andrew Richardson - Shop Assistant
Claire Johnson Shop Assistant
Kalh Harvey - Shop Assistant
Linda Spottiswood Shop Assistant
Zoe Smith - Shop Assistant
Shaun Chin Van Driverldelivery and pick up
Page 7

Hugs Children's Cancer Charity (CIO)
Trustees, Report (continued)
Rlsk Management
All significant acliwlies undertaken are subject lo a risk review prior to implementslion. Risks are
assessed against their polential impact and likely effect on..
Operallonal perfomiance
• FinancAal sustainability
Achievement of our aims and objective5
Meeting the expectations of our beneficiaries I supporters
Charity inlegrity
We review these risks on an ongoing basis to satisfy ourselves that adequate measures and
procedures have been taken io manage the risks identified. Where appropriate certain mitigations are
taken such as insurance or outside professional advice.
Prior lo implementation all risks were highlighted and miligalion measures were takan. Legal advi¢e
was sought by GA Soll¢ilors regarding employment contracts and Nash & Co regarding shop leases,
as well as the combined expertise and experioncg from all our tru51e¢s.
A staff handbook has been written by our solicitors GA Soliotors and provided lo all staff as a part of
our ongoing risk management.
Going concern
After making appropriate enquiries and due consideration, the Iruslees havè a reasonable expectation
that the Charity has adequate resources ID continue in operational existen￿ for the foreseeable
ftJlLJre. For this reason. they continue lo adopt the going ¢oncem basis in preparing the financial
slal&ments.
The charity uses social media tools lo promote events and expand its social media presence.
Collection lins have continued lo be ulilised and increased acros5 the city, these are being monitored
by Sharon Hallam.
The charity has joined the Business Network Intemalion81 IBNII, a networking group that drives those
in the group lo raise funds for Ihe charity. We also are part of the Devon and Plymtsulh Chamber
increasing our presence in the city and gaining corporalg SUPPDrt.
Increased capacity at both shops has led lo increased funds being raised and post year end the
charity invested in a van for house clearances. Our retail Manager Ryan continues lo find the best
rates for recycling ilems not sold.
With many plans in place, the trustees consider th8 charity has a posllive way forward.
P8ge 8

Hugs Children's Cancer Charity {ClO)
Trustees, Report (continued)
2023.2024 and onwards
We have an exciting few years ahead for our charity giving elements and these include the following.,
A renovallon of the RgSPlt8 home, including changing tha bottom bathroom lo w&1 room to make Ihe
home more disability friendly. We will be applying lo various grant giving chari11os for support in this
process.
Farnily away days are always very popular events in Ihe hugs calendar and we hope lo expand on the
amount of these we do each year. Thgse give families th& ability lo do a fun day out free of cost,
bringing the family unil together bul also giving families the ability lo speak lo olhors who are going
through similar circumstances. In 2022-2023 we organi5ed a trip lo Harry Potter studios, Paignlon zoo
anLI Longleal safari festival of lights. Next year we would like to offer families a trip to a local
altraclion, a theme park, a possible London trip and back lo Longle8t at Christmas. All planned events
are based on amount fundraised.
The children's cancer ballldisw will be taking placa in 2024 èxpanding to allow for mora people lo
attend.
Future fundraising
With the excAling start of a fundralser at the charity. we look fomard to expanding our fundraising
lolals in 2024.
We are excited lo hold our Strictly Hugs dancing ball again in 2024. This wll be the 6th year we have
organized and has become a fim) f8vorile with our patrons. We hope lo raise upwards of £1 Ok al this
event.
Our Christmas event this year was held at the Boringdon Park and golf club and was a wonderful
festive community event. Ws hops to organis8 this event again in 2024 and explore other events in
this locab'on.
We wll be hosting a couple of large scale corporate events throughout the year. hoping lo raise
upwards of thirty thousand pounds.
We will be holding a Silent disco event this year and hope to raise be￿￿een £2-£3k. We will also look
lo hire out the equipment lo raise funds.
We have applied for various grants nationally to help the charity on its missions including the away
days and we hope that this will help in funding more events.
The annual re
If by..
ort
was approved by the trustees of the charity on 0610212024 and signed on its
Mr
Tr
Edwar
lee
Page 9

Hugs Children's Cancer Charity (CIO)
Statement of Trustees, Responsibilities
The trustees are responsible for preparing the trijstees. report and the financial statements in
accordance with the Uniled Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice) and applicable law and regulations.
The law applicable lo Charities requires the truslegs to prepare financial slalements for each financial
year which give a true and fair view of the slate of affairs of the charity and of the incoming resources
and application of resource5 of the ¢harity for that period. In preparing Ihese financial stslemenls. the
trustees are required lo..
select suitable accounting policies and then apply them ¢onsistenlly',
observe the methods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent;
slate whether applicable accounting standards have been followed, subject to any rnalerial
departures disclosed and explained in the financial slalements.. and
prepare th$ financial slalemenls on the going concem basis unless it is inappropriate lo presume
that the charity will ¢ontinue in business.
The trustees are responsible for keeping proper accounting records that disclose with rea50nablè
accuracy al any time the financial position of the charity and enable Ih8m lo ensure that the financial
slalemenls cornply with th& Charities Act 2011, the applicable Charities IAccounts and RepDrtsl
Regulations, and the provisions ol the conslilution. The trustees are also responsible for $8leguarding
the assets of the charity and hence lor taking reasonable steps for the prevention and del8Ction of
fraLJd and other irregularities.
The trustees are responsible for the maintenance and integrity ol the corporate and financial
information inclu
d on the charitable companls website. Legislation governing the preparation and
dissemination o
ancial statements may drffer from legislation in other jurisdictions.
ved by
ruslees of the charity o
0610212024 and signed on ils behalf by..
Mr
e Edwards (Chair)
ee
Page 10

Hugs Children's Cancer Charity (CIO)
Independent Examinerfs Report to the trustees of Hugs Children's
Cancer Charity (CIO)
I report lo the trustees on Tny examination of the accounts of Hugs Children's Cancer Charity ICIOI for
the year ended 30 April 2023.
Responsibilities and basls of raport
As the charity trustees of Hugs Children's Cancer Charity ICIOI you a￿ responsible for the
preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'the Act'l.
I report in rfispect of my examination of the Hugs Children's Cancer Charity ICIOI'S accounts carried
out under section 145 of the 2011 A¢t and in carrying out my examination I have followed all the
applicable Directions given by the Charity Commission ijnder section 1451Sllbl ol the Act.
Independent examiner's statement
Since Hugs Children's Cancér Charity ICIOI'5 gross income ex¢èedèd £250.000 your examiner musl
be a membgr ol a body listed in section 145 of the 2011 Act. I confirm that l am qualified lo undertake
the examination because l am a meTnber of FCA, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come lo my attention in
connection with the examination giving mg cause to believe that in any malgrial respect..
1. accounting records were not kept in respect of Hugs Children's Cancer Charity ICIOI 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 accounting requiremonts concerning the form and conlenl of
accounts sel out in the Charities (Accounts and Report51 Règulalions 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 wth tha examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts lo be reached.
DC£￿1
Duncan Leslie
Independent examiner
FCA
Melville Building East
Unit 18
23 Royal Williaffl Yard
PLYMOUTH
Devon
PL1 3GW
Dale..
1310212024
Page11

Hugs Children's Cancer Charity (CIO)
Statement of Financial Activities
Year Ended 30 April 2023
(Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Total
2023
Unrestri¢t&d
Rastrlcted
Note
Incorne and Endowments from:
Donaty'ons and legacies
Charitable activities
Other trading a¢tivilies
Investment income
17,287
3,524
345,670
72
8,150
25,437
3,524
345.670
72
Total Income
366,553
8,150
374,703
Expenditure on..
Raising ILJnds
Charitable activities
{240,3861
162,683
1240,3861
167,127
Total Expenditure
1403.069
4.444
1407,513
Net movement in funds
136.5161
3,706
132.8101
Raconclllatlon of funds
Total funds brought forward
108.751
141,616
250.367
Total ILJnds Carried fon￿ard
17
72,235
145,322
217.557
The notes on pages 15 10 24 form an integral part of th8se financial 5tat8ffl8nts.
Page 12

Hugs Children's Cancer Charity (CIO)
Statement of Financial Activities
Year Ended 30 April 2023 (continued)
(Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Total
2022
un￿StrICted
Re$tricted
Note
Income and Endowments from..
Donations and legacies
Charitable activities
Other trading activities
Investment incon)e
51,2SO
4,098
1e4,216
51,250
4,D98
163,916
13001
Total In¢omg
219,570
300
219,270
Expendlture on:
Raising funds
Charitable activities
1138,2271
103,359
1138.2271
1110.067
16,7081
Total Expenditure
1241,5861
16,7081
248,294
N&1 expenditLJre
Gross transfers between funds
122,0161
650
17,0081
6501
129,0241
N81 movement In funds
121,3661
17.6581
{29,0241
Reconciliation of funds
Total funds brought forward
130,117
149,274
279,391
Total funds carried forward
17
108,751
141,616
250,367
All of the charity's adivilies deriv& from continuing operations during the above two periods.
The funds breakdown for 2023 and 2022 is shown in note 17.
The not8s on pag8s 15 lo 24 form an int8gral part of these financial statements.
Page 13

Hugs Children's Cancer Charity (CIO)
Balance Sheet
30 April 2023
2023
2022
Notè
Flxed a$sets
Tangible assets
142,058
142,086
Current assets
Debtors
Cash al bank and in hand
14
11,224
73,475
14,597
97,644
84,699
112,241
Cr*dltors: Amounts falllng du& wlthin one year
15
9,200
3.960
Nat current asset5
75.499
108,281
Net assets
217,557
250,367
Funds of the charity:
Restricted Income funds
Reslricled funds
145,322
141,616
Unrestricted in¢ome funds
Unreslricled funds
72,235
108,751
Total funds
17
217,557
250,367
The financial st
on
10212024
ements on pages 12 to 24 were approved by the trustees. and aulhorised for issuo
nd signed on their behalf by".
Mr
Tr
Edwards I
hairl
sl
The notgs on pagès 15 to 24 lomi an int8gral part of these financial stat8rnents.
Page 14

Hugs Children's Cancer Charity {ClO)
Notes to the Financial Statements
Year Ended 30 April 2023
1 Accountlng policies
statement of compllance
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities.. Slalemenl of Recommended Pr8¢1i¢e applicable lo charities preparing Iheir ac¢ounts in
8cCordan￿ with the Financial Reporting Standard appli¢able in the UK and Republic of Ireland IFRS
1021 leffective January 20191 and the Charities Act 2011.
Ba$1$ of preparatlon
Hugs Childien's Cancer Charity ICIOI meets Ihe definition of a public benefit entity under FRS 102.
The accounts (financial statements) have been prepared under Ihe historical cost ¢onvenlion with
items re¢ognised al cost or transaction value unless otherwise slated in the relevant notes to these
accounts.
Going ¢on¢ern
After making appropriate enquiries and due ¢onsideralion, the Iruslees have a rèasonable expectation
that the charity has adequate resources lo ¢onlinuè in opèrational existence for the foreseeable
future. For this reason, they continue to adopt the going concern basis in preparing the financial
51alements
The charity uses social media tools lo promote events and èxpand its social media presènce.
Collection bns continue lo be ulilised and increased across the clty and these are monitored by
Sharon Hallam.
The Charity has joined the Business Network International IBNII. a ne￿Or￿n9 group that drives those
in the group to raise funds for the charity. We also are part of the Devon and Plymouth Chamber
increasing our prgs8nce in the city and gaining corporal8 SUPF)Ort.
Increas8d capacity al both shops has led lo increased funds being raised and post year end the
charity invested in a van for house clearances. Our retail manager Ryan continues lo find the best
rates for recycling items not sold.
With many plans in plac8, the Iruslees consider the charity has a positive way forward.
Page 15

Hugs Children's Cancer Charity (CIO)
Notes to the Financial Statements
Year Ended 30 April 2023 (continued)
Judgements and key sources of estlmatlon uncertalnty
In the appplication of the charity's accounting policies, which are described in this note. the Iruslees
are required lo make judgements, estimates and assumptions about the carryng vlaue of assets and
li8bililies that 8re not readily 8pparenl from other sources. The estimates and underlying assumptions
are based on historically kni)wn factors and experience. Therefore, the Iruslees do not perceive thor8
lo be any critical areas of judgement or key sources of eslirllalion uncertainly in the formulation of the
rinancial statements.
Income
Donations and legacigs
Donations and legacies are recognised on a receivable basis when receipt is probable and the
amount can be reliably measured.
Government grants
Governrnenl grants are recognised on the accrual model and are measured al the fair value of the
asset received or receivable, Grants are classrfied as relatillg either lo revenue or to assets. Grants
relating to revenue are recognised in income over the period in which the related costs are
recognised. Grants relating to assets are recognised over the expected usefLJI life of the assel. Where
part ol the grant relating lo an asset is deferred. it is r8cognis$d as deferred income.
other trading activities
Money raised from the charity shops is recognised on recelpl.
Expendlture
All expenditure is recognised once there is a legal or constructive obligation lo that expenditure. il is
probable settlement is required and the amount can be measured reliably. All costs are allocated to
the applicable expenditure heading that aggregate similar costs lo Ihal category. Where costs cannot
be directly attributed lo particular headings they have been allocated on a basis consistent with the
use of resources.
Ralslng funds
These are Costs incurrod in attracting voluntary incomo and thos8 incurred in trading activities that
raise funds.
Charitable activitios
Charitsble expgndilure ¢omprisgS those costs incLJrred by the charity in the deliv&ry of its activities
and services for ils beneficiaries. 11 inGludes both costs that Can be allo¢aled directly to such a¢livilies
and those costs of an indirect nature necessary to SUPPOrt Ihefft.
Support costs
Support costs include central functions and have been aSlocal8d lo activity cost categories on a basis
Consistent with the use of resources.
Page 16

Hugs Children's Cancer Charity (CIO)
Notes to the Financial Statements
Year Ended 30 April 2023 (continued)
Governance ¢o$ts
These include the costs attributable lo the charivs compliance with conslitulional and statutory
requirements, including independent examination, strategic management and Iruslees. meetings and
reimbursed expenses.
Taxation
The charity is considered lo pass the tests sel out in Paragraph I Schedule 6 of the Finance Act 2010
and th¢refore it meets the definition of a charitable company for UK corporation lax purposes.
Accordingly, the Gharity is potentially exempt from taxation in respect of income or ¢apitsl gains
received wlhin categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992, to the exlenl that such income or gains are
appligd exclusively lo charitable purposes.
Tangible lixed assets
Individual fixed assets are initially recorded al cost, less any subsequent a¢¢umulaled depreciation
and subsequent accumulated irnpairmenl losses.
Depreciation and amortisation
Depre¢ialion is provided Dn tangible fixed assets so as lo write off the cost or valuation, Igss any
eslimaled residual value, over their expe¢ted Ljseful economic life as follows..
Asset clas$
Freehold land
Freehold property
Furniture and equipment
Computer equipment
Depreclatlon method and ratg
not depreciated
20A slraighl line
250/0 slmight line
330A straight line
Stock
Slo¢ks are valued al the lower of cost and net realisable value. Donated goods sold in charity shops
are valued al zero cost.
Fund structurè
Unrestricted income funds are general funds that are available for use at the trustee5' discretion in
furtherance ol the objectives of the charity.
Restricted income funds are those donalecl for use in a particular area or for specific purposes. the
use of which is restricted to that area or purpose.
Financial instruments
Classrfication
The Charity holds the following financial inslrumenls..
Short term other creditors
Cash and bank balances
All financial instruments ar6 classified as basic.
Page 17

Hugs Children's Cancer Charity (CIO)
Notes to the Financial Statements
Year Ended 30 April 2023 (continued)
Re¢ognltlon and measurement
The Charity has chosen lo apply the re¢ognition and measurement principles in FRS102. Financial
instruments are recognised when the ¢harity becomes party lo the contraclLJral provisions of Ihtr
inslrutnenl and derecognised when in the cas& ol Ihe assets, the conlraclural rights lo cash flows fro
the assets expire or substantially all the risks and rewards of ownership are transferred to another
party. or in the case of liabilities, when the charivs obligations are discharged, explre or are
cancelled.
2 Income from donatlons and legacies
Unrestricted
General
fund
Total
2023
Total
2022
Reslrl¢ted
Donations 8nd lega¢ies',
Donations from individuals
Grants, including capital grants.
National Lollery Funding
National Lottery Covid
asslslance
Local Authority Covid 19
assistance
17,287
17,287
33,958
8.150
8,150
10,000
7,292
17,287
8,150
25,437
51,250
3 Income from charitable activities
Unrestricted
G•n•ral fund
Total
2023
Total
2022
Non-investmenl propety rental in¢ome
3.524
3.524
4,098
4 In¢ome from other trading actlvltl•$
Unrestricted
Ganeral
fund
Total
2023
Total
2022
Trading income-
Sale of goods
Events income.,
Other events incorlle
312,955
312.955
130,476
32,715
32,715
33,440
345,670
345,670
163,916
Page 18

Hugs Children's Cancer Charity (CIO)
Notes to the Financial Statements
Year Ended 30 April 2023 (continued)
5 Investment income
Unrestricted
General
fund
Total
2023
Total
2022
Interest receivable and similar income..
Interest re¢8ivable on bank daposits
72
72
6 Expendlturo on raising funds
al Costs of tradlng actlvltles
Unrestrlctsd
General
fund
Total
2023
Total
2022
Fundraising trading costs..
Publicity
Shop running expenses
Shop staff Costs
7,224
108.416
124,745
7,224
108,416
124,746
2,785
72,440
63,002
240,386
240,386
138,227
7 Expenditure on charitable a¢tlvltiè$
Activity
undertaken
dlrectly
Actlvlty
support cost5
Total
2023
Total
2022
Event costs
Donations and gifts
Respite home costs
Direct staff costs
Insurance
Travel costs
ststionery and admin
Sundries
Depreciation
Support costs
Governance costs
38,884
16.216
23,444
29,306
2,151
14,926
5,468
3,529
6.890
38,884
16,216
23,444
29,306
2,151
14,926
5,468
3.529
6,890
15,289
11,024
20,398
6,971
21,541
26,876
1,410
2,447
5,229
1.306
7.163
12,766
3.960
15,289
11,024
140,814
26,313
167,127
110,067
Page 19

Hugs Children's Cancer Charity (CIO)
Notes to the Financial Statements
Year Ended 30 April 2023 (continued)
£162,683 12022.. £103,359) of the above expenditure was unreslricled and £4,444 12022.. £6,708)
restricted in nature.
8 Analysls of govemance and support costs
Support costs allocated lo charitable activitles
Other
support
costs
Total
2023
Total
2022
Basis of
allocation
2001.
100V.
Direct 51aff c051s
Legal and professional
7.327
7.962
7,327
7,962
1 S,289
6,719
6.047
15,289
12.766
l support costs are unrestricted expendilure12022'. all unreslricledl.
Govornance costs
Unrestricted
General
fund
Total
2023
Total
2022
Independent examlner fees
Examination of the financial statements
Accounlan¢y Ljnderprovided
Other fees paid lo Inde￿ndent Examiner
Other fees unprovided
5,500
1,800
1,900
1,824
5.500
1.800
1.900
1.824
3.960
11,024
11,024
3.960
I govemance costs are unrestriclgd expenditure12022.' all unreslrictedl.
9 N&t outgoing resources
Nel outgoing resources for the year include..
2023
2022
Operating leases- other assets
Depreciation of fixed assets
73,926
6.890
31.937
7.163
Page 20

Hugs Children's Cancer Charity (CIO)
Notes to the Financial Statements
Year Ended 30 April 2023 (continued)
10 Trustees. remuneratlon and expenses
The founder, who is also considered to be the Charity's key rnanagemenl is married lo one of the
trustees. Remuneration receiv¢d is disclosed in note 11. No truslees. nor any persons connected with
them, have received any remuneration from Ihg charity during the ygar other than as disclosed in note
19. No trustees received any reimbursed 8xp&nses or any other benofils from the charity during the
year12022.. none}.
11 Staff costs
The aggregate payroll costs were as follows..
2023
2022
Staff costs durlng the year were:
Wages and salaries
161,379
96,597
The monthly average number of persons lincluding senior managgmgnt tgaml employed by tho
¢harily during the year wa5 as follows-
2023
No
13
2022
No
Full and part time ernployees
No employee received emoluments of more than £60,000 during the year.
The lolal employee benefits of the key management personnel of the charity were £36,63312022
£33,595).
12 Taxation
Thg charity is a registered charity and is therefore exempl from taxation.
Page 21

Hugs Children's Cancer Charity {ClO)
Notes to the Financial Statements
Year Ended 30 April 2023 {continued)
13 Tanglble fixed assets
Land and Furniture and
building5
equipmènt
Cofflputer
aquipmont
Total
Cost
Al 1 May 2D22
Additions
150.974
15,317
3.419
5,069
3,443
171,360
8,862
AI 30 April 2023
150,974
18.736
8,512
178,222
Depreciation
At 1 May 2022
Charge for the year
12,076
3,019
12.599
2,280
4.599
1,591
29.274
6,890
AI 30 April 2023
15,095
14,879
6,190
36.164
Net book value
At 30 April 2023
135,879
3,857
2,322
142.058
AI 30 April 2022
138,898
2,718
470
142.086
14 Debtors
2023
2022
Prepayments
Other debtDrs
11,224
14.170
427
11,224
14.597
15 Creditors: amounts falllng due within one year
2023
2022
Accruals
9,200
3,960
16 Obllgatlon$ under leases and hiro purchasè contracts
Total future minimum lease payments under non-cancellable operating leases are as follows..
2023
2022
Land and buildings
Within one year
Between one and five ygars
62,734
94,929
62,734
157,663
157,663
22D,397
Page 22

Hugs Children's Cancer Charity {ClO)
Notes to the Financial Statements
Year Ended 30 April 2023 (continued)
17 Funds
Balance at 1
May 2022
In¢oming
resources
Resources
axpendèd
Balance at 30
April 2023
Unrestricted funds
General
Unrestricted fund
108,751
366,553
1403,0691
72,235
Rostrlctèd funds
Hugs Children's Can¢er
Charity - respilts property and
fumilure
National Lollery funding
141,616
{4,4441
137,172
8,150
8,150
Total restrl¢ted funds
141.616
8,150
14,444
145,322
Totsl funds
250,367
374,703
407.513
217.557
Restrictèd Funds
Hugs Chlldren's Cancer Charity resplte property and furniture fund this fund relates lo a holiday
horne purchased lo provide respite for the sufferers of neur(Iblastoma and other childhood cancers
and (heir families. The value of assets brought forward was £141,616, 8 dep￿ciall0n charge of
£4,444 has been made this year, leaving a closin9 balance of £137,172.
National Lottery funding during the year the charity received £8,150 towards a trip lo Longl8al
Safari Park for families. These funds have been carried forward towards the future cost of the trip
scheduled for Novgmber 2023.
Balance at
30 Aprll
2022
8alance at
1 May 2021
In¢orning Resourcos
resources
expended
Transfers
Unréstrlctod funds
Ggngral
Unre51ricted fund
130,117
219,570
1241,5861
650
108,751
Restricted
Hugs Children's Cancer
Charity - rtsspile property
and furniture
Boxing event
148,324
16,7081
141.616
300
6501
Total restrictod funds
149,274
1300}
6,708
16501
141,616
Total funds
279,391
219.270
248,294
250,367
Page 23

Hugs Children's Cancer Charity (CIO)
Notes to the Financial Statements
Year Ended 30 April 2023 (continued)
18 Analysls of net assèts between funds
Unrestricted
funds
General
Total funds
at 30 April
2023
Restrl¢ted
funds
Tangible fixed assets
Currenl assets
CuTrenl liabilitiès
4.886
76,549
9,2DOI
72,235
137.172
8,150
142,058
84,699
9,2001
Total nel assels
145,322
217,557
Total funds
at 30 April
2022
Unrestricted
Gen&ral fund
RestTl¢ted
funds
Tangible fixod assets
Current assets
Current liabilities
470
112,241
3,9601
108,751
141,616
142,086
112,241
13,9601
250,367
Tot81 net assets
141.616
19 Related party transaction5
During the year ended 30 April 2023 the charity paid £1,350 {2022.' £6.7851 lo a close family rnernber
of Michael Hallam ITrusteel for employment as a shop assistant in Ihg Hugs Children's Can￿r charity
shop.
As disclosed in note 9, the founder, who is also the ¢haritls key management is married lo Michael
Hallam. Remuneralion is disclosed in note 10.
There were no other related party transactions during the year whi¢h require disclosure.
Page 24