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Report of the Trustees and
Financial Statements
For the year ended 31 December 2023
(Unaudited)
for
My Cancer My Choices
(A Charitable Incorporated Organisation)
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Charity number: 1162165
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My Cancer My Choices Charity number: 1162165 (A Charitable Incorporated Organisation) Contents of the Financial Statements For the year ended 31 December 2023 (Unaudited)
| Contents | 1 |
|---|---|
| Charity Information | 2 |
| Report of the Trustees | 3 to 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 to 12 |
| Report of the Independent Examiner | 13 |
Page 1
My Cancer My Choices (A Charitable Incorporated Organisation)
Charity number: 1162165
Charity information For the year ended 31 December 2023 (Unaudited)
| Charity name: | My Cancer My Choices | My Cancer My Choices |
|---|---|---|
| Charity registration number: | 1162165 | |
| Registered Office | 46 Old Bath Road | |
| Charvil | ||
| Reading | ||
| Berkshire | ||
| RG10 9QR | ||
| Trustees | Ms Alison Grieve | Chairman |
| Dr Jane Barrett OBE | ||
| Mrs Amanda Barter | Founder | |
| Dr Richard Brown | ||
| Mrs Claire Grove | ||
| Mr Robert Goddard | ||
| Ms Lynn McLeish | ||
| Dr Lindsey Barker | ||
| Mr Anthony Smith | Treasurer | |
| Chief Executive Officer | Ms Claire Rhodes | |
| Independent Examiner | Nortons Assurance Limited | |
| Chartered Accountants | ||
| Second Floor | ||
| NOW Building | ||
| Thames Valley Park | ||
| Reading | ||
| Berkshire | ||
| RF6 1RB | ||
| Bankers | CAF Bank Limiited | |
| 25 Kings Hill Avenue | ||
| Kings Hill | ||
| West Malling | ||
| Kent | ||
| ME19 4JQ |
Page 2
My Cancer My Choices
Charity number: 1162165
(A Charitable Incorporated Organisation)
Report of the Trustees For the year ended 31 December 2023 (Unaudited)
The Trustees present their report with the financial statements of the charity for the year ended 31 December 2023.
The Trustees confirm that their report and the financial statements of the charity comply with the current statutory requirements of the charity’s governing document and the provisions of the Charities Act 2011, Accounting and Reporting Standard applicable to charities preparing their accounts with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102).
Reference and Administrative Information
The reference and administrative information is detailed on page 2.
Structure, Governance and Management
Governing document
The organisation is a Charitable Incorporated Organisation, registered as a charity on 12th June 2015. The charity was established under a constitution which details the objects and powers of organisation and it is governed by the constitution. Recruitment and appointment of trustees and directors
The Trustees who have served during the period and since the period end are listed on page 2 and below.
Under the requirements of the constitution, the Trustees must be appointed for a term of three years by a resolution passed at Trustee meetings. Any person retiring as a charity Trustee is eligible for reappointment. A charity Trustee who has served for three consecutive terms may not be reappointed for a (fourth) consecutive term but may be reappointed after an interval of at least one year.
The CEO is now a paid employed position and the current incumbent started in June 2023 following public competition and stringent recruitment process and was appointed by the Trustees. Previously the founder of the charity carried out the role of CEO, and is now a Trustee on the Board of Trustees and Deputy Chair. The Trustees appoint the Chairman. Decisions are taken by a majority of Trustees present at quarterly meetings.
The Chief Executive reports on all aspects of the charity’s operations and is responsible for keeping Trustees informed about charity and other relevant laws and procedures. The Trustees and Chief Executive attend relevant courses and seminars, to maintain the required skills for the proper governance and financial control of the charity.
Trustee Induction and training
New Trustees are provided with a copy of the charity's constitution and latest Annual Report and Statement of Accounts.
Trustees are appointed based on their skills, knowledge and experience that are considered to be appropriate for the charity's activities.
New Trustees undergo briefings on the vision of the charity, its charitable objectives, current activities and financial status and forecasts. They are provided with a copy of the Charity Commission, "The Essential Trustee" (CC3) document, and are required to sign our Code of Conduct. Trustees are supported by the Chair of Trustees on an ad-hoc basis for their role and responsibilities, introduced to all other trustees and committee members, and invited to all trustee meetings.
Trustees
Trustees who served during the period and up to the date of this report are set out below. Mr Colin Maclean OBE (resigned 30 June 2023) Dr Jane Barrett OBE
Mrs Amanda Barter
Dr Richard Brown Ms Alison Grieve Mrs Claire Grove Mr Robert Goddard Mrs Ruth Lysons (resigned 30 June 2023) Ms Lynn McLeish Mr Anthony Smith Dr Lindsey Barker (appointed 19 January 2023)
Page 3
My Cancer My Choices
Charity number: 1162165
(A Charitable Incorporated Organisation)
Report of the Trustees - continued For the year ended 31 December 2023 (Unaudited)
Objectives and Activities
Background
This report covers the period from January 2023 to December 2023.
The period on which we are reporting has been one of implementing the changes in strategic direction we needed to ensure the future viability of the charity, which included continuing to develop our face to face services in existing locations, continuing to run virtual services where appropriate and developing all our services, while ensuring that our excellent relationships at all staff levels in the hospital were maintained. It has been a year of significant leadership changes with the change of both CEO and Chair of the charity. The Founder who was also the voluntary CEO stepped down and we recruited a paid CEO with extensive charity experience who we believe will lead the charity well in the future. The Chair had completed the maximum terms accepted in the charity’s constitution and following a recruitment process and agreement with the Board of Trustees a new Chair was recruited. Both new positions started in June 2023. The focus of 2023 has been on change of leadership while maintaining a successful service supporting our service users and volunteers with a view to growth in 2024.
We continue to operate in our headquarters office and treatment centre in Charvil, (Wokingham), the Deanwood Therapy Centre in Newbury, the College of Integrated Chinese Medicine in Reading and Brants Bridge Healthspace in Bracknell.
During the year we successfully provided Acupuncture, Reflexology, Oncology Massage, Reiki, Art Therapy, Aromatherapy, Mindfulness, Yoga and Scar Tissue Massage in our portfolio of services.
Our Objectives reflect the wide range of services we provide in giving choice to our patient which are shown below. In addition, further signposting and support was provided to the service users and their families, including provision of a lending library.
Objectives
The objectives of the charity are ‘For the public benefit, the relief and support of people with a diagnosis of cancer in Berkshire and surrounds and their carers, and where appropriate on-line throughout the UK by a) the provision of complementary therapies in acupuncture, art therapy, aromatherapy, reflexology, massage, reiki, and relaxation techniques; b) providing facilities for the practice of yoga, Tai Chi and mindfulness training and c) the provision of advice and information’.
Activities
The principal long term aim of the charity, and ongoing objectives of the Trustees, is now to offer complementary therapies to anyone in Berkshire who has recently been diagnosed with cancer, with a choice of ‘face to face’ services and to additionally provide a virtual on-line complementary therapy service in Mindfulness, Yoga and Art Therapy to people living with cancer in Berkshire and beyond, continuing to develop Charvil as our dedicated centre of excellence for the service. We continue to confine our offering to adult patients recently diagnosed with cancer and to their carers.
Operations
Claire Rhodes, our new CEO, continues to develop the management, administration and governance of the charity. She manages a team of Lead Complementary Therapist, Service Delivery Manager, and Marketing and Communications Officer. Additionally we have an Art Therapist who joined the payroll in May 2023, as part of a stipend, funded by a grant. We are currently recruiting an additional team member to support fund raising through building community and corporate links and plan to recruit further team member to assist on trust and grant applications. The Complementary Lead Therapist manages the leadership and governance of our volunteer therapists, the Service Delivery Manager oversees the delivery of our service. The Marketing and Communications Officer creates the campaigns and events to increase awareness of the service as well as help bring more volunteers and donors to the charity. The additional support in fund raising will complete the team and recruitment will start in 2024. With the support of our treasurer and governance staff from the Royal Berkshire Hospital, and some IT and clinical governance consultants, we are now more comfortable that our administration and governance is satisfactory, with Trustees informed about any risks we face.
Led by the CEO and Trustees, the service is delivered by managers and volunteers. We continue to work closely with the Royal Berkshire Hospital, particularly the Berkshire Cancer Centre, and other charities of relevance in the support of cancer patients, and with those organisations that can help us to find and retain sufficient volunteers to develop the service.
Fundraising
Our fundraising group, some members of which have had some experience with cancer, either personally or in their families, have continued to work extremely hard and have generated enough money, together with some very generous donations to the charity, to fund our planned growth, manage the charity throughout the constraints of the cost of living crisis and increase our reserves sufficiently to be able to fund our services and their planned growth for the next two years. We owe them all a big debt for all this very successful work.
Volunteers
The charity was recognised this year in November with the announcement that it is recipient of the King's Award for Voluntary Service. This is a huge achievement for a charity which is so young and still in the early stages of its potential. It demonstrates the impact the charity is having on those people we serve and the capacity, capability and passion of the volunteers. The charity continues to be led and supported by willing volunteers in meeting its objectives and some of its administrative activity and the Trustees would like to take this opportunity to say how much they appreciate their continuing and valuable support. The Award is an amazing testament to our volunteers. We owe them a real debt. The Trustees consider that no measurable value can be placed on their contribution for the purpose of our accounts but in practical terms, they are invaluable and the beating heart of what we do.
Achievements and Performance
Our valuable relationship, with the Directors of the Royal Berkshire Hospital and the consultant oncologists, clinical nurse specialists, management and administrative staff at the Royal Berkshire NHS Foundation Trust, has been maintained, with mutual support being evidenced on both sides.
We have learned to manage and maintain those good relationships through various staff changes that have occurred in the Hospital and at the charity. The Hospital Trust continues to donate the use of rooms to deliver our services at the Bracknell Healthspace and to allow the charity to maintain a communication presence, for patients, at the Royal Berkshire Hospital.
The Trust also continues to provide training of the therapists in the NHS ‘cancer pathway’, enabling the MCMC services to be tailored to patient need. We now have 29 volunteer therapists and 9 volunteers to meet and greet people who wish to access the service. It is our objective to recruit 5 more therapists and 4 more meeter-greeters in the next financial year.
In the year ending December 2023, we provided 1344 therapies to 332 patients, with 817 acupuncture appointments and 527 aromatherapy, reflexology and massage appointments. The proportion of our clients that are male increased to above 20%, following our efforts to stimulate interest from men. We also ran courses in mindfulness training and yoga and began on- line 1-1 art therapy sessions.
The patient feedback remains incredibly positive indicating that the demand for our services remains strong and our experience of the on-line services has shown that there is still demand for support on-line. This feedback continues to confirm that there is a very big demand for the service and that, within the limits of our present resource, we are delivering an offering that effectively relieves pain and reduces side effects which are associated with some cancer treatments, while helping the patient to come to terms with their illness, regain and maintain some control of their lives and and improve their wellbeing.
Page 4
My Cancer My Choices
Charity number: 1162165
(A Charitable Incorporated Organisation)
Report of the Trustees - continued For the year ended 31 December 2023 (Unaudited)
Future Plans
Our immediate plans are to continue to develop our services at Charvil and to fill more of the available face-to face therapy slots at our other sites, develop our service offerings and continue our search for new services that can improve the confidence and empowermentof our service users.
It is our long term plan to build services across Berkshire, delivered from at least three more treatment rooms, with an additional room in Charvil, and new centres including one in Henley and one in East Berkshire.
Our biggest challenges are:
-
To strengthen our fundraising capability to ensure that we have the resources for the continuing growth in demand;
-
To finalise our growth in delivery sites by opening a second room in Charvil and establishing a new base in Henley in 2024;
-
Recruitment of volunteers is an ongoing challenge especially for therapists and “meeter-greeters”, against a background of the cost of living crisis. We are also looking for new people to join our fund raising volunteer team. This is continuing to be a challenge to maintain the level of service as well as for future growth.
Public benefit
The Trustees confirm that they have complied with their duty under section 17 of the Charities Act 2011. They have considered the public benefit guidance published by the Charity Commission and believe they have followed it.
Financial Review
Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future, for this reason they continue to adopt the going concern basis in preparing the financial statements.
Financial position
Incoming resources for the period are £150,289 (2022: £115,190) and resources expended £140,684 (2022: £122,316), leaving an overall surplus for the year of £9,605 (2022: £7,126 deficit). Total reserves of £113,384 (2022: £167,233) are unrestricted.
Reserves Policy
It is the charity’s policy to retain reserves equivalent to 12 months normal expenditure to safeguard against significant loss of sources of income. This equates to c. £80,000. In addition, as a relatively new charity, which has had to find rental accommodation for much of its service delivery and still needs to extend its services to cover the whole of Berkshire and to expand its service offering, the Trustees have been building up sufficient funds of c. £170,000 per annum, which have been designated to grow the charity further over the next three years, increase the number of staff it employs (currently five) and funding its headoffice and treatment centre. This policy will be reviewed on a regular basis and the Trustees are confident about the financial stability of the charity.
Page 5
My Cancer My Choices
Charity number: 1162165
(A Charitable Incorporated Organisation)
Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 December 2023 (Unaudited)
| Notes Income: Donations and legacies 2 3 Other activities Investment income 4 Total income Expenditure: Fundraising and other activities 5 6 Support costs 7 Governance costs 8 Total expenditure Reconciliation of funds Total funds brought forward 17 Total funds carried forward Net income/(expenditure) and net movement in funds for the period Expenditure on raising funds: Income from other trading activities: Cost of charitable activities Income from donations and legacies: Expenditure on charitable activities: |
Y/E Dec-23 Unrestricted Funds £ 38,350 89,500 3,932 131,782 16,681 6,511 89,783 2,656 115,631 16,151 167,233 183,384 |
Y/E Dec-23 Restricted Funds £ 18,507 - - 18,507 - 2,586 22,467 - 25,053 (6,546) 7,986 1,440 |
Y/E Dec-23 P/E Dec-22 Total Unrestricted Funds Funds £ £ 56,857 50,010 89,500 44,390 3,932 550 150,289 94,950 16,681 749 9,097 3,778 112,250 89,795 2,656 11,361 140,684 105,683 9,605 (10,733) 175,219 177,966 184,824 167,233 |
P/E Dec-22 Restricted Funds £ 20,240 - - 20,240 - 828 15,805 - 16,633 3,607 4,379 7,986 |
P/E Dec-22 Total Funds £ 70,250 44,390 550 115,190 749 4,606 105,600 11,361 122,316 (7,126) 182,345 175,219 |
|---|---|---|---|---|---|
The statement of financial activities includes all gains and losses for the period. All incoming resources and resources expended derive from continuing activities.
The notes form part of these financial statements
Page 7
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My Cancer My Choices
Charity number: 1162165
(A Charitable Incorporated Organisation)
Notes to the Financial Statements
For the year ended 31 December 2023 (Unaudited)
1 ACCOUNTING POLICIES
Basis of accounting
The financial statements have been prepared in accordance with the 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 (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)) and, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
The Charity's functional and presentational currency is GBP and the financial statement have been rounded to the nearest £.
Fund accounting
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity.
Restricted funds are to be used in accordance with specific restrictions set out by the donor. See notes 17 and 18.
Incoming resources
All incoming resources are included in the Statement of Financial Activities when the charity is entitled to the income and the amounts have been received. The following specific policies are applied to particular categories of income:
-
Donations and fundraising income are recognised in the accounts as and when receivable. Income tax recoverable in relation to donations received under Gift Aid is recognised at the time of the donation.
-
• Grant income is recognised in the accounts as and when receivable. Where entitlement occurs before income is received the income is accrued. • Investment income is credited to income when it is receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest being paid or being payable by the bank.
Resources expended
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT and is reported as part of the expenditure to which it relates:
-
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
-
• Fundraising costs are those incurred in seeking voluntary contributions. • Governance costs include those costs associated with meeting the constitutional requirements of the charity and include the accountants fees and costs linked to the strategic management of the charity.
Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Cash at Bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
Liabilities and provisions
Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received in advanced payments for the goods or services it must provide.
Financial instruments
The charity only has financial assets and financial liabilities that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and are subsequently measured at their settlement value.
Taxation
The charity is exempt from tax on income and gains of S256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to charitable objects. No UK corporation tax charges have arisen in the charity for the year ended 31 December 2023 due to the charity's charitable status.
Operating leases
Operating leases are recognised over the period of which the lease falls due.
Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight line basis over the period of the lease.
Pensions
Defined contribution pension plan
The Charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Charity pays fixed contributions into a separate entity. Once the contributions have been paid, the Charity has no further payment obligations.
The contributions are recognised as an expense in the Statement of Financial Activities when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Charity in independently administered funds.
Page 9
Charity number: 1162165
My Cancer My Choices
(A Charitable Incorporated Organisation)
Notes to the Financial Statements - continued For the year ended 31 December 2023 (Unaudited)
| 2 INCOME FROM DONATIONS AND LEGACIES Donations Gift Aid Grants 3 INCOME FROM OTHER TRADING ACTIVITIES Fundraising 4 INVESTMENT INCOME Bank Interest Received 5 EXPENDITURE ON RAISING FUNDS Fund raising costs 6 CHARITABLE ACTIVITIES COSTS Therapy costs, training and supplies 7 SUPPORT COSTS Telephone and fax Trustee expenses Wages Subscriptions Insurance Office expenses Sundry expenses Premises expenses Refurbishment costs Marketing & Promotions All support costs relate to charitable activities. 8 GOVERNANCE COSTS Accountancy fees Legal & professional fees |
Unrestricted Funds Y/E Dec-23 £ 29,949 8,401 - 38,350 Unrestricted Funds Y/E Dec-23 £ 89,500 Unrestricted Funds Y/E Dec-23 £ 3,932 Unrestricted Funds Y/E Dec-23 £ 16,681 Unrestricted Funds Y/E Dec-23 £ 6,511 Unrestricted Funds Y/E Dec-23 £ 3,755 - 69,031 528 538 2,765 4,656 6,341 817 1,352 89,783 Unrestricted Funds Y/E Dec-23 £ 1,440 1,216 2,656 |
Restricted Funds Y/E Dec-23 £ - - 18,507 18,507 Restricted Funds Y/E Dec-23 £ - Restricted Funds Y/E Dec-23 £ - Restricted Funds Y/E Dec-23 £ - Restricted Funds Y/E Dec-23 £ 2,586 Restricted Funds Y/E Dec-23 £ 618 - 17,653 87 88 1,038 766 1,859 135 223 22,467 Restricted Funds Y/E Dec-23 £ - - - |
Total Funds Y/E Dec-23 £ 29,949 8,401 18,507 56,857 Total Funds Y/E Dec-23 £ 89,500 Total Funds Y/E Dec-23 £ 3,932 Total Funds Y/E Dec-23 £ 16,681 Total Funds Y/E Dec-23 £ 9,097 Total Funds Y/E Dec-23 £ 4,373 - 86,684 615 626 3,803 5,422 8,200 952 1,575 112,250 Total Funds Y/E Dec-23 £ 1,440 1,216 2,656 |
Unrestricted Funds P/E Dec-22 £ 43,211 6,799 - 50,010 Unrestricted Funds P/E Dec-22 £ 44,390 Unrestricted Funds P/E Dec-22 £ 550 Unrestricted Funds P/E Dec-22 £ 749 Unrestricted Funds P/E Dec-22 £ 3,778 Unrestricted Funds P/E Dec-22 £ 3,461 6 60,235 315 706 3,411 5,028 13,337 1,392 1,904 89,795 Unrestricted Funds P/E Dec-22 £ 2,460 8,901 11,361 |
Restricted Funds P/E Dec-22 £ - - 20,240 20,240 Restricted Funds P/E Dec-22 £ - Restricted Funds P/E Dec-22 £ - Restricted Funds P/E Dec-22 £ - Restricted Funds P/E Dec-22 £ 828 Restricted Funds P/E Dec-22 £ 760 - 13,222 69 155 749 126 - 306 418 15,805 Restricted Funds P/E Dec-22 £ - - - |
Total Funds P/E Dec-22 £ 43,211 6,799 20,240 70,250 Total Funds P/E Dec-22 £ 44,390 Total Funds P/E Dec-22 £ 550 Total Funds P/E Dec-22 £ 749 Total Funds P/E Dec-22 £ 4,606 Total Funds P/E Dec-22 £ 4,221 6 73,457 384 861 4,160 5,154 13,337 1,698 2,322 105,600 Total Funds P/E Dec-22 £ 2,460 8,901 11,361 |
|---|---|---|---|---|---|---|
Page 10
My Cancer My Choices
Charity number: 1162165
(A Charitable Incorporated Organisation)
Notes to the Financial Statements - continued For the year ended 31 December 2023 (Unaudited)
9 FEES FOR THE EXAMINATION OF THE ACCOUNTS
Independent examiner’s fees
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Total Total
Y/E Dec-23 P/E Dec-22
£ £
1,440 1,860
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10 TRUSTEES' REMUNERATION AND BENEFITS
During the current and prior period, no Trustees received any remuneration. During the current and prior period, no Trustees received any benefits in kind. During the year £nil (2022: £nil) of travelling expenses were reimbursed to any Trustee.
11 STAFF COSTS
| Salaries and wages Social security costs Pension Administrative staff The average number of employees during the period, calculated on the basis of full time equivalents, was as follows: |
Total Y/E Dec-23 £ 82,865 1,777 2,042 86,684 3 |
Total P/E Dec-22 £ 71,320 0 2,137 73,457 2 |
|---|---|---|
No employee received emoluments of more than £60,000.
12 PENSION COMMITMENTS
The Charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Charity in an independently administered fund. The pension cost charge represents contributions payable by the Charity to the fund and amounted to £2,042 (2022: £2,137). Contributions of £nil (2022: £382) were payable to the fund at the balance sheet date.
13 RELATED PARTY TRANSACTIONS
During the period the Trustees did not consider there to be any related party transactions, other than the matters within note 10.
14 DEBTORS
| Prepayments and accrued income 15 Other creditors Accrued expenses CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
Total Y/E Dec-23 £ 7,988 Total Y/E Dec-23 £ 12,323 2,140 14,463 |
Total P/E Dec-22 £ 195 Total P/E Dec-22 £ 15,429 2,189 17,618 |
|---|---|---|
16 ANALYSIS OF NET ASSETS BETWEEN RESERVES
| Current assets Current liabilities |
Unrestricted Funds Y/E Dec-23 £ 197,847 (14,463) 183,384 |
Restricted Funds Y/E Dec-23 £ 1,440 - 1,440 |
Total Funds Y/E Dec-23 £ 199,287 (14,463) 184,824 |
Unrestricted Funds P/E Dec-22 £ 184,782 (17,549) 167,233 |
Restricted Funds P/E Dec-22 £ 8,055 (69) 7,986 |
Total Funds P/E Dec-22 £ 192,837 (17,618) 175,219 |
|---|---|---|---|---|---|---|
Page 11
My Cancer My Choices
Charity number: 1162165
(A Charitable Incorporated Organisation)
Notes to the Financial Statements - continued For the year ended 31 December 2023 (Unaudited)
17 MOVEMENT IN FUNDS
| Unrestricted funds Designated funds Restricted funds Total funds Unrestricted funds Restricted funds Total funds |
As at 1 January 2023 £ 167,233 - 7,986 175,219 As at 1 July 2021 £ 177,966 4,379 182,345 |
Incoming resources £ 131,782 - 18,507 150,289 Incoming resources £ 94,950 20,240 115,190 |
Outgoing resources £ (115,631) - (25,053) (140,684) Outgoing resources £ (105,683) (16,633) (122,316) |
Transfers £ (70,000) 70,000 - - Transfers £ - - - |
As at 31 December 2023 £ 113,384 70,000 1,440 184,824 As at 31 December 2022 £ 167,233 7,986 175,219 |
|---|---|---|---|---|---|
Purpose of Designated Funds
The Trustees have designated funds for the future refurbishment and fit-out of new treatment rooms and meeting rooms at various locations £40,000 and the set up of a new CRM systems £20,000.
18 Restricted funds
| Balance at 1 January 2023 Incoming resources - grants Outgoing resources - cost of charitable activities and support costs Balance at 31 December 2023 Restricted funds (continued) Balance at 1 January 2023 Incoming resources - grants Balance at 31 December 2023 Outgoing resources - cost of |
Greenham Grant £ 1,131 9,407 (10,538) - FSP Foundation £ 2,740 - (1,300) 1,440 |
Newbury Cancer Care £ 1,115 5,500 (6,615) - Burghfield Parish Council £ - 500 (500) - |
Corinne Burton Memorial Trust £ - 2,400 (2,400) - The Albert Hunt Trust £ 3,000 - (3,000) - |
Burghfield Residents Association £ - 700 (700) - Total Restricted Funds £ 7,986 18,507 (25,053) 1,440 |
|---|---|---|---|---|
19 OPERATING LEASE COMMITMENTS
At 31 December 2023 the total of the Charity's future minimum lease payments under non-cancellable operating lease was:
| Amounts payable Within 1 year Between 1 and 5 years |
Y/E Dec-23 £ 4,200 5,950 10,150 |
P/E Dec-22 £ 4,200 10,150 14,350 |
|---|---|---|
Page 12
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