Children'5 Cancer Centie of Lebanon (UK) Limited Company nuniber.. 9233775 Charity number.. 1161911 Children's Cancer Centre of Lebanon (UK) Limited {A charitable company limited by guarantee Annual Reportand Unaudited Financial Statements for the year ended 31 December 2023
Children's Cancer Centre OE Lebanon {UKI Limited Contents Page (i) {ii} (iii) Legal and AdministratÈve Inforniation Trustees, Report (Including Directors, Report) Report OF the Endependent Examiner (IV) Statement of Flliancial Activities (v) Balance Sheet (Vll Notes Forming Part of the Financial Statements
ChiIdren's Cancer Centre of Lebanon (UK} Limited Trustees, Annual Report Year ended 31 December 2023 (l) Legal and Administrative information: Charity Name.. A150 known as.. Childrens Cancer Cene of Lebanon IUKI Limited CCCLIUKI or CCCLUK 1161911 Charity registration number.. Company registration number.. Registered office addre55'. 923377? 27/28 East¢astle Street, London, Wl W 8DG Independent Examiiier.. Stephen Meredith FCA. DChA AIITOtts, LLP Manfield House. l. Southampton strt. London WC2R OLR. Bankers= Banorient Bank London, 193-195 Brampton Road, Londotty SW3 ILZ Bank Audi Sofil Branch. Beirut-Lebanon S¢>licitors.' Dechert LLP, I60 Queen Victor&a Street. London, EC4V 4QQ 'rrvstees / Directors= Paul Edde, Hana Elchaar, Salm'a Salman
Children's Cancer Centre of Lebanon (UK) Limited Trustees, Artnual Report Year ended 31 December 2023 (ID Trustees, report In these financial statements. we will review our activities and tlieir outcome5 in 2023 and as a resulL we will plan accordingly our strategy for the 2024 finanfftal year. The review looks at the means of fLtThd-raising and deterniines the level of eontributitsns the chaTity made to cover each key purpose and the nefit we have brought to those groups of children we were set up to help. The review also helps us en5UTe that M'e meet our aims and objectives and that our activities remain Eocu5ed on our 5knted purposes. By reviewing our aims and objecttyes and plallning our future *cttvi¢ies. the dirertors consider hom, the future planned activsties will contribute to the above aims and objective5. 11 Ob'ectives aiid Activities Our Charl5 purposes rernained unCl1ged and are as Set out in the obiecttves contsined tn the chariiv's articles of association (the Articlt% l. Thoy remain.. the relief of sickne55 and the preservation and protection of l)ealth among children with any form of cancer in l.ebanon or the surrounding region, or who are in need of rehabilitation as a result of such illnÈss and, their familtes and cares by proNidin8 funds to a5515t in the provision of acces5 totreatment, recreational facilities, and such other support. as thedirectors may determine,. the preservation and protecti(¥n of the physical and mental health of individLEals and familie5 in Lebanon and the gurrounding region who are suffertng ber@avement or loss by the provision of cowiseiin8 and support- and the advancement of edueation in bartort in the subject of pediatric canr in particular by providing fundingforresearchinto pediatric cancer and to publish the usefulresults of such research. In the financial year 2023, our main acttviti¢> continued to serve the objectives by Saving the live5 and helping treat children suffering from cancer and support in research that will eventually help to ftnd better cures and increase the raho OF CUTing those patients. The strategies we used to raise fIa$ for this activity Ilde.. Orgarlizing charitable events and campaigns to raise the necessary fund5 to approve at least one Support application for the Children's Cancer Center of Lebanon based in Beirut, Lebanon I CCCL L£banon I per financial year. and identifyins and contacting potential donoTS and sponsors.
Children's Cancer Centre of Lebanon (UK) I.imited 21 How Our Activities Deliver Public Benefit The directors have paid due regard to guidance on public benefit Issued by the Charity Commission in decidin8 what activitie5 the charity should undert&ke. Our main ¢haritabl¢ activities and who we try to help area5 Follows.. All of our (IrItable activities focus on raising funds to help treat children suffering from canter. The Charity approves srants applied lor by CCCL Lebanon to cover the ¢05t ol treating children sufferiJ)8 froni cancer, in line with our objectives. Funds may a150 be needed to cover accommodati¢)n costs of patients with acute medical conditions who r(side wkth their £amilie5 in places far from the medical certter and who are requtred to be nearin case of any eniergency. To support the developnEnt of medical protocols, the researth program on pediatric cancer, and the awareness campaign of CCCL Lebanon, m.hich will also lead to educatkn8 the general public/donor5 and supporters through fundraising campaigns where audiovisual and print material will be shared with the public. The directors ensure that all grants made or being made will be to further our charilzble purposes for the above benefits. 31 Achtevements and Our grants-making policy is to provide grants to CCCL Lebanon. The number of Children treated by CCCL Lebanon tn Beirut ha5 reached 400 ca$es in 2023 land more than 4.(XJO cases to date). CCCL Lebanon's medical servxces are accessed by all ethnic backgrounds, religions, gender, and nationality as proven by their adTnission records. CCCL tEbanun aims to maintain the equality of access to their service5, which we believe i5 Vital to our dea5ion in approving graiits, and it M'ill be an ongoing condition in future decisions, bcaUSe no child should die without irying all treatrftez)ts available to save his/her life. CCCL Lebanon treats children from birth to 18 years old. In cases of relapse. CCCL Lebanon will support continuing treatment,. the grants approved by our charity could also cover counseling or teaching Servic provided by CCCL Lebano whÈch will ensurethe recovery of children and the ellbein8 of the Pcitients. erlormance 4) Em lo I'he Chaldren. 5 Cancer Centre of Lebanon IUKI Limited I CCC I.UK ) has continued not to employ yone and all functions are operated by volunteers, includsng the fundraising team and administrator5. ment
Children's Cancer Centre of Lebanon (UK) Limited volunteers, roles include organiy.ing meetings. bookkeepin& h05tin& fundrai51tl8, communi¢&tÉon, distributing information leaflets. public relatsons, and many more. Volunteers donated an esttmated 150 hours of volunteering in 2023 'ro date, no remuneration has been PTovided to any volunteeT5. None of the diTrctors liad any tnteres in any of thecontract 5 CCCLUK has entered into with any 5upplier5 of services or goods. Financial Review The funding OF grants 82ven by CCCLUK is raised froni donatiOn5, events and eventg sponsors. CCCLUK made £46,855 in grants to CCCL Lebanon in 2023 Lllone of which is re5tt'icted. This saved many chi]dren as this helped in covering two months support with medications and yearly accommodation. CCCLUK'S success in raising £%,149 in 2023which will allow the Charity to ke fukther grants in 2024 to help CCCL Lebanon'5 work, Total reserve5 at the year-end were £729,17312023: £677.913} 6) Princi al Fundin Sources Donatlons, fundraising events, unrestricted donations rcreived generated an amount of C75,280 {2021- £227R45}. The prEncipal funding Sourc for the charity are currently ¢vent organizing &nd receiving kind donations from supporters of the tnission, cause5 and the tsbiectives trf the charity. The charity will carTy on with tlieir effoi'ts in seeking to Eovni new partnerships wtth multi-national organizations that are based in l.ondon in order to identify p05s1ble fuiidratsing opportunities for the fuhxre. Tlie charity does not use a proEe55ional fundraiser, or commercial parttclpator. Investment Poli The charity will aim to retain a pruLlent amount in reserve5 each year. However. we will spend most of the funds raised (restricted and non-restrict@dl sn supporting CCCL Lebanon with its mission a5 set out above.AccordinslyR we do not intend to keep any funds for loftg-term investment nevertheless. the board of directoi's will review all the investments option5 and make any iiive5ttnent5 plans early in the new financial year of 2024. 81 Reserves Polic In 2024, the Ex)ard of directors exaJnined the charity's requirements for emersency and free re5erve5 and decided tocontinue with their initial plan of retainins some of the unrestricted funds held by the chartty. The emergency reserves of.CCCLUK should be between three and stx months of its annual expenditure calculated 2023. Based on ?021. 2022 and 2023 expenditutres. tho average annual expenditure is £Ai,914 and the total eypenditure for 2024 is not expected to exceed £IOO,000. Due to
Children's Cancer Centre of Lebanon (UK) Limited various risk factor which could hinder and obstrttct Eundrai5tng activities globally. and the recent increase of the CCCL UK Ltd expenditure for the past 3 years, the board of directors has decided to increase the initi•l ta¥get of a minimum £17.500 and the maximum resÈrve fund from L15,0(X) to £48.500. The board of director5 15 confident thut at thi5 level it would be able to continue the Current activities of the charÈty in the ovent of asignificant drop in fundraising and wrforeseen events such os thespread of the pandemic. Since the board's decision was to postpone the continuation of buijdtng the reserve needed as planned the prev&ous annual reports, and since the board decide to iftcrease the reserves to £48,200. As at the year-enLI, the free reserves were Q29,173 (2022.- £6T7,913) followqng the net movement in funds of £51,260 resulting from the generou5 donations in the year. This wiu allow CCCLUK to make further lif&saving donations to CCCL LEbanon iii 2024 returning reserves down to the maxtmum. So far, CCCL IUKI Ltd is planning to grant the Children's Cancer Center of LL.banon during the financial year of 2024. a grant totalins around £480,(KX). 91 Plans for Future Perii>ds The charity's plans are to continu@ the aclivities outlined above in 2024 and in the forthcoming vears 5ubFCt tts satisfactoi'y fundraising out¢tsme5. Moreover, the Ex)ard of directors will continue to seek to elaborate on currejit and establish iiew partnerships with inulti-iiational organizatiOT]S to increase donations paid to CCCLUK and executin8 crowd funding campaigns. Any learnings froni past expellence are discussed and assessed aiyong the trustees atthe AGM. 10) Structure Governance and Mana ement The organization is a charitable company limited by guarantee. incorporated on 24 September 2014 and registered as a charity on l Fune 2015. The compa]iy was estsblished and it is sovemed by its meinorandum and ArtÉclÉs. The charity is run by the volunteer board of directors. 111 Recruitment and A The director5 01 CCCLUK are also the charity, trustee5 in Order to Fulfill the purposes of thecharity, law and under the company's Arbcles. For one to be eligible to become a CCCLUK trustee. hel She shall: l. Have experience in the NGO/ charities field for not less than 3 year5 2. Is an active person & ready to give from his/ hei. own time & money in favor oEthe cause ointment of ]30ord of Dtr¢ctors 3. experience in doing fundraising events
Children's Cancer Centre of Lebanon (UK} Limited 4. Have good FR Under the r&iuireTnent5 of CCCLUK'5 Articles of Association, all directors should have retired in rotation at the first annual genera5 meeting (held on 21 PebruaTy 2017). with one-third of the directors to retire at each subsa4uent meeting. Retirin8 directors may be re-elected. Aix)ut training, all the trustees have previous experience in NGO work and they have all read tlie Articles OF Association related to CCCLUK. 121 Risk Mana Significant external risks to funding have led CCCLUK to plan develop a strategic approach that will allow fL)r the divLrsification of fundraising projects ld activitifs. Interttal control risks are niinimized by theimylementation OF Pro(Ur£S for the authorization of all transactions and for project execution. CCCL UK Pla[ed on organtzins a gathering for its supporters in 2023 with theaitn of reminding the community about the cause #nd raising both funds and awaren5, however due to the instabiltty i the region where CCCL operates, we had to postpone this gathering until the year 2024. anizational Strurture ement CCCLUK'S Board of directors is comprised of at least two directors (not sul4.ect to any maximum). There aTe currently three director5 who meet frequently and are resptsnsible lor the strategic direction and policy of tlie charity. At present, the director5 have a variety of proEe55ional backgrounds relevant to the work ol the Charity. 141-Frustees' Res onsibilities The tsteeS, who are also the directors of Childreii's Cancer Centre of Lebanon IUKI Limited For the purpose of company law. are responsible for preparing the Trustees. Report al the accounts in accordance with applicable law and regulations and United Kingdom Accoullting Standards (United Kinsdom Genorall), Accepted Accountins PraLticel. Company law requtres the trustees to prepare accounts for each financial year. U2)der that law, the trustees have elected to prepare the Einancial statements in accordance with United Kingdom Generally Accepted Accounting Psactice (United Kingdom Accounting standards and applicablelawl. Under company law, the trustee5 must not approve the financial statements unIe55 they are satisfi that the), srive a true and fair view of thLI State of affairs of the charity and the result of the charity for that period. In preparins these accounts, the Trustee5 are required to.. -seloct suitable accounting policies and then apply them
Children's Cancer Centre of Lebanon (UK) T.imited -observe th¢ rnetiiods and prtncipals in the Charitie5 SORP IFR51021,' -nuke judgtnents and estimates that are reasoiiable and prudent. an -pr¢pare the accotmts on the going concern basis unless It is inappropriate to presume that the charity wrll continue iii operation. The trustees are responsiblo for keeping adequate accounting records that disclose w*th reasonable accuracy at any time the financial position of the charity, and eiiable them to ensure that the accouiit5 comply with the Cornpanies Act 2(I)6. They are also responsible for safeguarding the assets of the charitv and hence for tsking reasonable steps for the prevention and detection of fraud and other irregularities. Thi5 report ha5 bEen prepared tn accordance with the statement of reconiinended practice, Accounting, and Reporting by Charities, andiThaccordance w'ith the special provisions of part15 of thecompanies Act 2006 relating to smau entities. This trustees, report includin8 pages 3 to page 9 wa5 approved by the Board on30 October 2024 and Signed on it5 behalf by.. Hana El Chaar Trustee
Children's Cancer Centre of l.ebanon {UK) Limited (III) Independent Examiner's Report to the Trustees of Children's Cancer Centre of Lebanon (UK) Limited I report to the chartty tMsti*s on m), examination of thL accounts of tht charitablL company for the ye1c r endeif 31 DoCcLThr 2023, which are set vut on pagL4 11 Lo li. Respo1ibl1[11es bnSTS of Teyorl A5 thicharity's trllstCQ5 land aknitsdweciors for the Purpo ofcompany lawl. you are responsible for the preparation ol the accounts in accordance M'ltli tjie rLTuiremenls ol the Companies Ar.t 2006iihe 2(M16 Act). Haviiig satisfieif mysclf that tliL accounls of the charity, are not rLyuireLI lo be aLtdiied under Part 16 of the 21116 Act aThJ arL eligible for indtpcndent exaniination, I rcporl in respect nf ¢&[nIn(1hoTr of }ruur charity % finantial statementas carried out under 1430f Uiechariiies ActJJl Ithe2011 Act). In caryins uul tny eXalliktion, I have folli)%ved ihe DirLYtions given by thL Charity Commission under Section 14?1?Ilbl of the 2(ni Act. IndepeKdeJif cxrtriiifrier's stfilcincnl I havL' complele(I my examination. I cofiFirni that ni) iJiatlLrs havo c()me lo my kiti'nhtsn in connection with the Lxatllinatitsn giving cause lo L1)eVe llial any material re.specL acci)unlin¥ rL'cofLls were not kL'pI iii rL'5PiYt of thL £hariti¥ as rL'quirixl by section 386 of the2006 Act,. or thc financial 5talcmonts dt? not accord wilh thoser(Yords,' (7T the financial stalemeJiLs d() iiiil LODiplsr ivith UILS accounting rlxuiremenls of tion 496 c)f tlie 20(kn Act Dtlier th¢in any requirL'tnent that the Iltcounis g]Ye & 'tn]e and faiT' view which ]% not a matter considered a5 part of an independenl oxalliination,. or tho atcounts havo not becn prcparcd in actordaiice with thL tnLthod5 and printiplos of Lilo StatEmonl Of R0mended Practice.. Accounting and Repi)rtiiig by Charibes lappliiable t(} cliariiie5 preparing their arcounL% in acconlance with tlie Financial Reportingsiandard rippliccible ui tho UK tind rtie RLpublic ol Irc142nd IFRS10211. J liave no conceyns and liave come acrnss no other tnattei% iji cojiniytion with Ilie oxaniinalion lo w'liich allcntioD should be dr47wn in this rL'POrt iii ordo'r io Lnable a propLY ujiderstsiiding of the accounts to be rLached. Stephen fvlLrLQith FCA DChA Alliutts LLP, ai£lriofLxI AttounLlnts f&nfiL'lIq HoiisL,. I, %)ullniPlo Si LoTrilon WC2RdLR 30 October 2024 10
Children's Cancer Centre of Lebanon (UK) I.imited IIV) Statement of financial activities (incorporatin& income and expenditure account) Year ended 31 December 2023 Note Unrtstricted Restricted 2023 2023 Total 2023 Untricted Restricted 2022 9022 Totsl 2022 lrt¢ome and Endowments From: Donation5 and legacie5 Raisiii8 fund5 Otliei Revenues 75,280 75.280 227,345 227345 20,869 20,869 20,583 20,583 Total Incoine alld Endowmenls 96,149 96,149 247,928 247.928 Expenditure o Raising Funds Charitable Activrties 44,889 44,889 42,988 42.988 Total resource5 expeiided 44.889 44,&89 42,988 42,988 Net Movemettt x FuTrd5 51,260 51,260 2&1,940 2(4,940 Fund balanc at I january 2023 Fund balances at 31 December 201 677,913 6T/,913 471973 472.973 729,173 729,173 677,913 677,913 The Statement of financial Activities include5 a51 gains and losses in the year. All incomsng resour and resovrces expended derive from continuing activities. The attached notes from part of t]Se financial statements. 11
Children's CanceT Centre of Lebanon {UKI Liinited (V) Balance sheet as at 31 December 2023 Note5 2023 2022 Current Assets Cash at bank and in hand 681,064 681,064 Credito. amounts falling due within one year 13.6111 13.151} Net &ssets 729.173 677,913 Reserves Restricted funds General unrestricted funds 729,173 729,ITJ 677,913 677,913 For the fjnancial yEdr ended 31 December W23, the charitable company was entitled to exemption fvom audit under 5eclion 477 of the Companies Act 2L116 relating to sniall companie5. The menibershave not required thecompany to obtain an auditin accordance with section476 of thecompanies Act 2006. The directors acknowledge their responsibility for the charitable company with the requirements of the Act with respect tt) accounting records and for the preparation ofaccounts. The accounts hai'e been prepared inaccordance 14ritfi the provi5ion5 cipplicable tocompanies 5ub5ectto the small companie5. regime. Approved lor issue by the bL*rd of trustees on 3Q.Q.¢LobRr.2014...... and 518ned on its behalf by.. Flana El Chaar Trustee The alt hed note5 fonn parl of these financial 5tatenienls. Compa y registration No. 9233775 12
ChTldTen's Cancer Centre of Lebanon (UK) Limited {Vll Notes to the financial statements Year to 31 December 2023 l) Principal Accounting Policies Chari Information Children's Cancer Centreof Lebanon IUKI LTJlllted is a private company limited bv guarantee ill¢OTporated in England and Wales. Its registered office i5 27128 Eastcastle Street, London, WIW 8DG. Basis of accountin Th@ finanoal statements hove been prepared sn accordance w'ith FRS 102 'The Finan¢&%l Reporbng Standard applicable in the UK and Republic UE Ireland, I'fRS 1021, 'Accounti]ig and Reporting b}, Charities, the Sialement ol Recommonded Pr&ctice for chartties applying IRS Iff2 las ellective from l January 2a191, the Compani& Act20 and UK Geiierally Accepttd Accounting Practice. The company is a Public Benefit Eiitifv as defsned bj. FRS 102. The ftnancial statements are prepared in sterling. Ivhi¢h ts the functional currency of the companv. Monetary amounts in these financial statements are rounded to the nearest £. Goin Concern Atthe tiine of approving theaccounts. the trusteeshave a rasOnable expectation that the charitable conipany has adequate resources to continue in operational existence for the foresable futt&re. Thus, the trustees continue to adopt thegoing concern basis ofaccounting tn preparing the accounts. Incomin Resouwes All incoming resources are includod in statenieiit of financial activitie5 when the charity is entitled to the income, and the ainount can be quantified i%'ith reasonable accuracy. Don¢ltions are normall5, brought into account when received and arc stated gross of any ttributable tax rKoverable. Government and institlltEonal graiits t)re accounted for on a receivable basis. Donotions and grants given for specific purposes are treated as restricted income. Resources Ex ended Liabilities are recogniyed as resources expended as soon as there is a legal or constructtve obligation comniitting tlie charity to the expenditure. All expendIre is accounted for on an accrual basis and has been cla55ilied uiider headings that aggregatt all costs related to the category. Expeiiditure includes all VAT that is not recover, and il is reported as part ol tl)e expenditure to which il relates. Governance costs comprtse examiner's fee5 aiid expenses. Grants made comprise payments made to CCCL Lebanon during theyear. 13
Children's Cancer Centre of Lebanon (UK) Limited 3) Charitable Activities Unrestricted Funds Restricted FsÈnds Total 2023 Unrestricted Funds Restrirted Fund5 Total 2022 rants made 36,8? 3,92 4,11 44/8 36,8i 3,924 4,11 44,88 16,9J4 8,534 17,54 42.988 16,914 8,534 17,540 42,988 overnance costs Note 4 ort COSt5 On februar}, 20, 2024, CCCLUK donated N5,000 equivalent to Q6,8i5 to CCCL LebatTron in a form of an unrestricted ant. Noiie ofthetrustees ha5 been paid aiiy remuneratton or recei¥ed any other benefits from employment with their charity or a related entity12022.. £nil). The were no employee5 in 2023 (2022.. none) and no employee benefits in theyear {2021= none). Governance costs include payments to the independettt examiners of £3.480 12022.. Q,036) for indepelldent ¢%amination fees. 4) Support Costs Support Cost5 Governance Costs Support Costs Governance Costs Total Total 2W23 2022 Exchange Losse5 33 158 J58 Other sundry ¢osts Telephone 1,744 1,744 15,728 15,728 1,468 1,468 1.282 1.282 Bank cha¥es Le8al and rofe55ional 865 372 372 3,924 3.924 8534 5,498 Total 4.110 3,924 8,034 17,540 8534 26.074 14
5) Creditors 2023 2022 Trade Creditors 131 115 Acttuals 3.480 3,036 3.151 3,611 61 Funds of the Charity Balance at I Jafv23 Incoming resources Outgoing resources Balance at 31 Dec-23 Unrestri¢td I"'unds 6T1,913 96.149 J14,889 729.173 Analysis of net assets in funds Untr[¢ted Restricted Total Net Current Assets 729,173 Nil 729,173 8) Related Party Transactlons The charitable company donated to the Children'5 Cancer Center of Lebanon during the year of £36,8i512022. £16,914). 9) Controlling Party The Children's Cancer Center of Lebanon is considered the ultimate conts'olling partv of the charitable company by virtUL* ol tho majority of trustees in common. lThe Children's Ccincer Center ol IEbanon 15 a Lebanese Not-for-profit foundation TegisiETed at the MFnisty OE Interior under tho No. 1.38 AD, with its principal place located at the American University ol Beirut Nqedical Center IAUBMCI Buildsng i6, Clemenceau St., Beirut, Lebanon. 15