THE ALEXANDRA SALES TRUST REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 PIARCH 2024 R•gl*t•r•d Charfty No. 1161811 At•ts Audlt S•rvlu• Rlv•r Hou8• l Maldston• Road Sldcup Kent DA14 5RH THE ALEXANDRA SALES TrUST CONTENTS Charity Infonnaoon Report olthe Trustees Inde￿ndent Exomin$r's Report Stslenwnl of Flnon¢S0l Acllvfftkns Balance Sheet Note8 to the Financial Statements THE ALEXANDRA SALE8 TRUST REFERENCE AND ADMINISTRATIVE DETAILS Tru8t••8 T Salos GM Sale$ AJ Dgldwfi91d GL Lowry TJ Lowry D Richards DW Richards M Saunders Charfty R¢gl¥tr*tlon NurrtJ•r 1161811 Prlnclpal Offlc• Crofton. Platt Common Platt Sevonoaks Kent TN15 8JX Bank•r Barclay5 Bank PLC 1 Churchill P18¢è London E145HP Ind•p•nd•nt Examln•r M A Wilkas Az8ts Audlt River House 1 Maidslone Road Sidcup Kent DA14 SRH THE ALEXANDRA SALES TRUST REPORT OF THE TRUSTEES The Trustees present their report and finanaal ststements for the year anded 31 March 2024. The financial ststernents have been prepared in aceordance with the accounting polieres sèt out in note 1 to the accounts and comply with the charity's trust deéd, the Charitiès Acl 2011 and AcGounling arKI Reporting by Charili8s." Stat6mènt ol Rscommended Practicè applicablè to chants'85 prepariThJ th8ir accounts in accordance with the Financial Reportitvj Standard applrable In the UK and Republ￿ of Ireland published in October 2019. OBJECTIVES The main objective of the charity is to assist with the rel￿f of cancer sufferers aged 1 lo 24 years and Iheir families and carers in parbcul8r bvt not excFu5ivety by.. Providing financAal assistance for their benefit in eilher the Child￿n.$ ward of at the teenage cancer twst at the Royal Marsden, Surrey., Providing grants to tsrnilies and carers of those children and assist their emotion81 wellbeing or providing the means for a respite break for the whol8 family,. Providing funding to the Royal Mafsden, Surrey ft>r equipment or other faulities required in ihe teenage cancer Twsl unit,. or By fundiry any other charitias or charitable organisations that provKlè support or care to children and young people stth$Thng with can¢er. REVIEW OF THE YEAR 2024 marks the 101h anniversary of The Aexandra Sales Trust and the Truslees would like to thank all of our sponsors. donors and participants for their amazing support over this time. We carry forward Alexandra's name in all we do and are proud to maintain and strengthen our mantra of raising "Smilg money, for young peoplè suffering from canTrr. Over this 10 year period we have raised over £335,000. wlh 99.￿ of monies raised going to good causes. We have maintsined most of our regular events during this financial year inrjuding GOW D8y. Race Nighis and Quiz Nights. A spécial notè of thanks must be madè to the Pearson family who again have provide(l tsntastic sUp￿rt through Poult Wo(xJ Golf Club. We decided to rest our Aftemoon Tea event In 2024 arKI have replaced with a Craft Fair bvhich took place al Ide Hill Village Hall in March. This event was in main organised by Trustee Mary Saunders and was a great success, especial￿ in extending the reach ol our Charity intr) a new region and involving new supFthers. We expect to repeat this event in 2025. A special thanks lo our major donors in the 2023r24 Financi81 Year induding Retailer Group. Round Table, Barratt Homes and Cazenove Group who match-funded our Golf Event. Th8nks also to J Hughes. D Lowe and S Walsh- McEwen who all participated in challenges which raised £4800 through the Just Giwng platform. Wtr Continue lo have an ex¢ellenl relationship with Young Lives vs Cancer who remain our main partner in nominating worthy recipients ol our "Smile. gifts, trips, vouchers and tutoring. We also maintain a good rel8tion5hip with Pembury Hospitsl to pmwde support for thèir nominatèd tseipiÈnts. We continue to support and gift families with the rtems or day s out they requesl. A few examples are a visit t help feed the tigers at Woburn Safari Park. driving lessons. a trip to an Arsena5 Football match and an Arsènal football shirt, numerous theatre trips and much needed iherapy sessions. We all remain fwused and proud to conlinue to raise "smi￿, money in Alexandrd's name and look forward to another successtul and fruitful year in 2024r25. PUBLIC BENEFIT Tha Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefil when reviewing the Fund's aim and objectives and in planning futu￿ activities and setting the grant making policy lor the year. THE ALEXANDRA SALES TRUST REPORT OF THE TRUSTEES FINANCIAL REVIEW To181 income for the year was £31,46812023 -. £30,917) and total 8xperKJitur8 for the yg8r was £26.88712023 .' £28,576). Of this. £26.67112023 .' £28,360) was distributed a$ donalK)ns tr> individu8ls. The ftjnds at 31 March 2024 were £69,15712023 .' £64.5761. RESERVES POLICY On an ongoing basis the Trustees aim to hold minirnal reseryes as the general cost base is low 8nd fvnds will not be distributed to bèneficiariès unb"I thèy afy réceiveil. GOING CONCERN The Trustees ￿￿eW nominations ￿¢&IVa￿ and approv8 Ihese in line with funds available. Funds arè not committed ahead of baing receiv8d. On this basis the Trustee5 consider the charity to be a going concem. STRUCTURE, GOVERNANCE AND MANAGEMENT ¢nstitution The Charity 15 8 Charitable Incorporated Organisation, registered with the Charity Commisson on 26 May 2015. It is 8 registered charity, number 1161811. The charity tegan operats'rKJ on 15 June 2015. rrv$t••$ The followrKJ Tfustees have servèd during Ihè year to dale.. T Sales GM Sales AJ Delderfield GL Lowry TJ Lowry DW Richards D Ri¢h8rds M Saunders STATEMENT OF TRUSTEES. RESPONSIBILMES The Trustees are responsible for preparing the Trusl¢es' Annual Report and the financi81 statements in accordance wth applicable law and Ut*ted Kingdom A¢cotJnling Stand8rds IUnite(l Kingdom General￿ Aceepted Accounting Practice). The law applicable to charities in England & Wales ￿quireS th8 Trust$ès to ptspar8 financial statements for each financial year which give a true and lair view of the state of affairs of the charity and of the incoming resources an(J application of resources of the charity for thal period. In preparing these financial statell￿nts, the Trustees arè required lo.. select sultable occwntlng policies and then appty Ihtrm consistenlly,. observe the methods and principles in the Charities SORP 2015 IFRS 1021,. make jvdgements and estimates that are reasonable and prudent., state whether applicabl8 accounting standards have been followed, subject to any material dapartures disclosed and explained in the financial statements., prepare the financial stalernents on the going concem basis unless it is inappropriate to presvme that th8 charity wll continue in operation. The Trustees are re5ponsibl8 for keepiro proper accounting records that disclose with reasonable accuracy at any tim8 thè financial position of the Gharity and enable thern io ensure that the financial siatemènts comply with the Charities Aet 2011, the Charity (Accounts and Reportsl Regulation8 2008 and the provigons ol the trust d8ed. They are also responsible for safeguardin9 the assets of the Charity and hgn¢e for tsking reasonable steps for thè prevention and detedion of fraud and other ifwularities. ThE ALEXANDRA SALE8 TRUST RepoRT OF THE TRU8TEes signed on their bèhaw.. 22 D.¢¢ombèr 2024 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ALEXANDRA SALES TRUST I rèport to Ihè Trust88s on my examination of the accounts of the Alexandra Sales Trust for the year ended 31 Marth 2024. R•sponsibiliti•s and basi* of report As thè charity Trustaès ol the Trust you are respon￿ble for the preparation of ihe accounts bn a￿Or[lanCe wth the requirements of the Charities Act 2C)11 Ilhe Act'i. I report in respect of my examination ol the Trust's accounts carried out under sedion 145 of the 2011 Act and in carrying out my examination I have followed all the applicable DireGts'ons given by the Charity Commission under section 145(SXbl ol the Acl. Indopendont •xamlnoT'8 statement I have completed my examination. I conffim that no material matters have corne to my attention in connèetion with the examination giving me cause lo ￿lIeVe that in any material les￿1.. accounts records were not kept in respect of ihe Trust as required by $8ction 130 of the Act.. or Ihtr accounts do not accord with those records; or the accounts do not ¢omply wlh the 8pplicable requirements concemin9 the fom and content of a¢counts set out in the Charities IAccounts and Reports) Regulations 2008 other than any requirement that the acwunts gw8 a 'true and fair view. which 15 not 8 rnatter considered as part ol an ind8p8ndent examinats'on. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enab￿ a propèr undèfstanding of the accounts to be reached. M A Wilk•s IFCAI For and on behalf of Azets Audlt SorvI￿8 River House, 1 Maidstone Road Sidcup, Kent, DA14 5RH 23 De¢ember 2024 THE ALEXANDRA SALES TRUST STATEMENT OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 MARCH 2024 Unr•strl¢t•d fund• 2024 2023 Inc¢m• from.. Donations Fundraising events Inl¥resl 13,499 17,301 688 12,070 18,727 120 Tot41 In¢om• 31,4e8 30,917 Expondltur• on: Rai￿9 funds Charilable a¢tlvllles- donatlons to individu818 216 26.671 216 28.360 Total •xp•ndltur• 26,887 28.576 N•t mov•m•nt In fund• 4.581 2,341 Fund• brought forward at 1 Aprll 2023 64,576 62,235 Fund balan￿ carrfod forward •t 31 March 2024 69,157 64,576 All tran$action$ are derived from con￿n[l1￿J actNiti&8. All transactions In both ye9￿ were dortveij from unfe8trfct8d funds. ThE ALEXA14DRA SALES TRU8T BALAIICE 8HEEr AS AY 31 MARCH 2024 Cyrr•rt a•••ts Cath at bank •nrl In haThJ 69.157 64,$76 69,1S7 64.576 FUNOS 89.157 64.$76 Th• finarwl 22 Decèmber 2024 .. and sign•d on behallolthe 8oarf by: G Salo• TnMIo• THE ALEXANDRA SALES TRUST NOTES ro THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNnNG POLICIES Basls of pr•paratlon The Alexandra Sales Trust is a Charitable Incorporalgd Organis81ion. The address of ihe prinapal office is given in the charity infomation on page 1 of thesè ffinancial stattrmgnts. The nature ol the charity's operats'ons and principal activities are set out on page 2. The charity o)nstrtules a pU￿1C benefit eniity as defined by FRS 102. Thtr fin8ncial statements have been prepared in accordance wilh Accounting and Reporting by Charitiès". Statement of Recornmended Practice applicable to charities preparirrfJ their accounts in accordance with thè Financi81 Reporting Stsnd8rd applicable in Ihe UK and Republic of Ireland IFRS 1021 issued in October 2019, the Charib'es Act 2011 and UK Generally Accepted Practice. The financial slalements a￿ prepared on a going concern basis under the hi5tori¢al cos¢ convention. The financial statements are prepared in sterfing which is the functsonal currency ol the eharity. The &gnificant acwjnting policies applied in the preparation of these financial statèmÈnts 8r8 sel out below. Thes8 poliC￿S have b8en consistently applied to all years presented unless othemise ststed. Income All income is included in the Statement of Financial Aclivilies ISOFAI when the charity is legally enb.tled to the income after any perfomiance conditions hav8 been mèt, the arnounl c8n be measured rellably and it is probable that the income will be received. For donations to be fecognised the charity will have been notified of Ihe amunts and the settlement date in wribng. If there are conditions attached to the donation and this requires a level of perfomiance beforè Èntitlement can be obtained then income is defer￿d until those conditions a￿ fully met or the fulfilm8nl of those corKlibons is within the control of the charity and it is probable that they will be fulfilled. Exp•nditur• All expenditure Is aceounlad for on an accftJal8 basis 8nd has been classified under headiws that a99regale all cosls relaled to the category. Expenditure is recognised where there is a legal lx constructive obligation to make payments to third parties, il is probable that the settlement wll be required and the amount of the obligation can be m6asur6d reliably. It is categorised under the followng headings.. Costs of raising funds includes ihose cosis incurrad by the charlty when marketing and fundraising lo raise lund for the charity., and Exp8ndilure on charit8ble 8clivilies comprises those costs incurred by the charity in the delivery of donations tts its b￿nefi￿an85. 11 includes both costs allocated directly lo such activiti.es and those costs of an indire¢t nature necessary lo support them, where applicable. Funds Unrestricted funds a￿ available lor use at the dIsCre￿(>n ol the Trustees in furtherance of the general objectwes of the charity and which have not been designated fot other purposes. Going ConrArn The financial stalemgnts have been prepared on a going concem bags as ihe Trustees b&li8ve that no material uneertainties exist. The Trustees have considered the ￿Ve1 of funds held and the expected lev81 of income and expendilurè for 12 months from authorising these financial statements. The budgeted income and expenditu￿ is SLrfficiènt wilh th8 level of reserves for the charity to be able lo conts'nue as 8 going concem. THE ALEXANDRA SALes TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Judg•m•nt• and key sources of eBtlmatlon unc•rtalnty AccountiNJ esbmat88 and judjèmènts are continually evaIL￿ted and af8 based on hlstorfcal oxpeiience and other factors, including èxpectalions of fijture ev8nts that are b8118vod to bg reasonable under the drcum$tance8. No jLK1gements (apart from those involving estimate81 have been made in Ihe proc8s$ of apptying the above a¢¢ounling wili¢ies th81 have hat1 tha most significant effect on amounts recognlsed in the financial statsmgnts.. There are no key assumptions con¢8miNJ the future and other key sources of ests'mation uncertainty at Ihe ￿pOrtir@ date thal have a $1gnthcanl risk ofcausing è material adj'ustment lo the carrying amounts of $8ets and liabilities ￿thIn thg next financial year. STAFF COSTS AND TRUSTEES, REMUNERATION None of the Trustees recelved any remunfjratlon or relmbursed &xpen8es during tho y6ar12023: non81.