REGISTERED COMPANY NUMBER: 09398265 (England and Wales) REGISTERED CHARITY NUMBER: 1162821
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 January 2023
for
A GIFT TO LIFT
Celerica Ltd Accountants First Floor The Old Chapel
9 Kempson Road Leicester LE2 8AN
A GIFT TO LIFT
Contents of the Financial Statements for the Year Ended 31 January 2023
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | to | 7 |
| Notes to the Financial Statements | 8 | to | 13 |
| Detailed Statement of Financial Activities | 14 |
A GIFT TO LIFT
Report of the Trustees for the Year Ended 31 January 2023
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 January 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The aims and objectives of the charity is to support those battling with blood cancer.
Significant activities
The significant activities carried out by the charity during the year included raising awareness of blood cancer through organising events.
Public benefit
The Trustees have considered the general guidance on public benefit issued by the Charity Commission and taken due regard of that guidance. The Trustees consider that they are satisfied that the charity's activities do provide a wide public social benefit
ACHIEVEMENT AND PERFORMANCE
Charitable activities
The charity has been providing blood cancer patients with wishes in the midlands area. We have managed to build a good rapport with the Nottingham, Leicester hospitals, Birmingham Queen Elizabeth and Stoke Hospital leading them to recommend patients to us in need of a wish, allowing us to carry out a wish of their choice. This relationship helps us to meet our charity criteria regarding providing wishes to blood cancer patients within the Nottingham, Leicester, Birmingham area. This is what we are all about, being able to give someone in need of a lift during their harsh treatment and long periods of time spent in hospital.
We are supportive of Blood Cancer UK, a Charity that researches into blood cancer. We support them by donating money to go to research and trials for blood cancer patients, for further advance treatments that will hopefully one day be able to beat blood cancer.
In July 2022, we had enough in our reserve funds to able us to purchase a lovely holiday lodge. The lodge is in Burnham Market in Norfolk. It is set in a lovely development of luxury lodges all privately owned. The holiday lodge is perfect to offer has a wish or for a safe haven for blood cancer patients to have a holiday during their cancer treatment.
It is a two bedroom, two bathroom, lounge kitchen dining area. It has a patio area at the front from the patio doors and a nice garden area at the back of the lodge with a bench to sit and reflect.
The ground is leasehold. Our holiday lodge is for the purpose of patients, but with running costs and keeping it maintained we will rent out a few weeks if the year to help with the cost of maintaining the lodge when these weeks are free from patients. With our continuing support from our supporters that will help sponsor a stay at the lodge for patients and keep it maintained as well.
All of us at A Gift to Lift are super proud of our achievement on getting the lodge, we have worked so hard for with lots of events and fundraising. We couldn't of done it also without the help from our supporters over the years we are so grateful for everyone's help that has got us Alex's dream. A safe haven for blood cancer patients to spend quality time with family and friends.
Fundraising activities
Some of our fundraising events had been suppressed due to covid restrictions. We have however managed to do some sponsored events wolf runs, walks, runs, marathons. We held afternoon brunches and a charity ball .
Supporting members of the public have also done various fundraising events to help raise money for the charity .
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A GIFT TO LIFT
Report of the Trustees for the Year Ended 31 January 2023
FINANCIAL REVIEW
Financial position
The charity has maintained a good income stream from donations and and fund raising events. During the period, the charity made a small deficit of £2,499. A lot of this was down to refurbishing the new property they had acquired for direct charitable purposes.
Principal funding sources
The principal funding sources were derived from donations thanks to the general public.
Reserves policy
The Trustees have examined the charity's requirements for reserves in light of the main risks to the organisation. The Charity has sufficient reserves for it to continue for the foreseeable future.
FUTURE PLANS
The future plans of the charity is to grow the designated reserves so that it can acquire a dwelling for use by blood cancer sufferer's and their family.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
09398265 (England and Wales)
Registered Charity number
1162821
Registered office
First Floor The Old Chapel 9 Kempson Road Leicester LE2 8AN
Trustees
Miss L C Newman Director Mrs J Hopwood Director Miss L J Millman Director (resigned 25.7.23)
Company Secretary
Independent Examiner
MR ANILKUMAR TAILOR F.C.C.A Celerica Ltd Accountants First Floor The Old Chapel 9 Kempson Road Leicester LE2 8AN
Approved by order of the board of trustees on 30 September 2023 and signed on its behalf by:
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A GIFT TO LIFT
Report of the Trustees for the Year Ended 31 January 2023
Mrs J Hopwood - Trustee
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Independent Examiner's Report to the Trustees of A GIFT TO LIFT
Independent examiner's report to the trustees of A GIFT TO LIFT ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 January 2023.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
MR ANILKUMAR TAILOR F.C.C.A
Celerica Ltd Accountants First Floor The Old Chapel 9 Kempson Road Leicester LE2 8AN
30 September 2023
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Statement of Financial Activities for the Year Ended 31 January 2023
| 31.1.23 Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 15,372 Other trading activities 2 13,981 Investment income 3 12 Other income - Total 29,365 EXPENDITURE ON Raising funds 4 26,649 Charitable activities Gift Boxes 705 Sale of Jewellery - Sundry expenses 4,125 Other 385 Total 31,864 NET INCOME/(EXPENDITURE) (2,499) RECONCILIATION OF FUNDS Total funds brought forward 238,711 TOTAL FUNDS CARRIED FORWARD 236,212 |
31.1.22 Total funds £ 24,068 6,842 23 5,113 36,046 15,783 490 1,750 5,024 385 23,432 12,614 226,097 238,711 |
|---|---|
The notes form part of these financial statements
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Balance Sheet
31 January 2023
| 31.1.23 Unrestricted funds Notes £ FIXED ASSETS Tangible assets 10 225,171 CURRENT ASSETS Cash at bank 14,121 CREDITORS Amounts falling due within one year 11 (3,080) NET CURRENT ASSETS 11,041 TOTAL ASSETS LESS CURRENT LIABILITIES 236,212 NET ASSETS 236,212 FUNDS 12 Unrestricted funds 236,212 TOTAL FUNDS 236,212 |
31.1.22 Total funds £ 556 241,235 (3,080) 238,155 238,711 238,711 238,711 238,711 |
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
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Balance Sheet - continued
31 January 2023
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 30 September 2023 and were signed on its behalf by:
J Hopwood - Trustee
L C Newman - Trustee
The notes form part of these financial statements
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Notes to the Financial Statements for the Year Ended 31 January 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Financial reporting standard 102 - reduced disclosure exemptions
The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - not provided Fixtures & equipment - 20% on cost Computer equipment - 33% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
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Notes to the Financial Statements - continued for the Year Ended 31 January 2023
2. OTHER TRADING ACTIVITIES
| OTHER TRADING ACTIVITIES | ||||
|---|---|---|---|---|
| 31.1.23 | 31.1.22 | |||
| £ | £ | |||
| Fundraising awareness events | 13,981 | 6,842 | ||
| INVESTMENT INCOME | ||||
| Deposit account interest | 31.1.23 £ 12 |
31.1.22 £ 23 |
||
| RAISING FUNDS | ||||
| Raising donations and legacies | ||||
| Support costs | 31.1.23 £ 10,573 |
31.1.22 £ 10,484 |
||
| SUPPORT COSTS | ||||
| Raising donations and legacies | Management £ 10,573 |
Information technology £ - |
Totals £ 10,573 |
|
| Other resources expended | - | 385 | 385 | |
| Sundry expenses | 3,176 | - | 3,176 | |
| 13,749 | 385 | 14,134 | ||
| NET INCOME/(EXPENDITURE) | ||||
| Net income/(expenditure) is stated after charging/(crediting): | ||||
| Depreciation - owned assets | 31.1.23 £ 385 |
31.1.22 £ 385 |
3. INVESTMENT INCOME
4. RAISING FUNDS
5. SUPPORT COSTS
6. NET INCOME/(EXPENDITURE)
7. TRUSTEES' REMUNERATION AND BENEFITS
The wages of £10,573 were paid to Mrs J Hopwood, a trustee of the charity for work undertaken during the year in respect of raising funds and awareness of the charity. This also included the general management of the charity. The salary was carefully reviewed and confirmed to be below market value in order to achieve the charity's primary aims and objectives.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 January 2023 nor for the year ended 31 January 2022.
continued...
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Notes to the Financial Statements - continued for the Year Ended 31 January 2023
8. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 31.1.23 | 31.1.22 | |
|---|---|---|
| Management and awareness | 1 | 1 |
| No employees received emoluments in excess of £60,000. | ||
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||
| INCOME AND ENDOWMENTS FROM | Unrestricted funds £ |
|
| Donations and legacies | 24,068 | |
| Other trading activities | 6,842 | |
| Investment income | 23 | |
| Other income | 5,113 | |
| Total | 36,046 | |
| EXPENDITURE ON | ||
| Raising funds | 15,783 | |
| Charitable activities | ||
| Gift Boxes | 490 | |
| Sale of Jewellery | 1,750 | |
| Sundry expenses | 5,024 | |
| Other | 385 | |
| Total | 23,432 | |
| NET INCOME | 12,614 | |
| RECONCILIATION OF FUNDS | ||
| Total funds brought forward | 226,097 | |
| TOTAL FUNDS CARRIED FORWARD | 238,711 | |
9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
continued...
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Notes to the Financial Statements - continued for the Year Ended 31 January 2023
10. TANGIBLE FIXED ASSETS
| Long Fixtures leasehold & equipment £ £ COST At 1 February 2022 - 1,928 Additions 225,000 - At 31 January 2023 225,000 1,928 DEPRECIATION At 1 February 2022 - 1,372 Charge for year - 385 At 31 January 2023 - 1,757 NET BOOK VALUE At 31 January 2023 225,000 171 At 31 January 2022 - 556 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accrued expenses 12. MOVEMENT IN FUNDS Net movement At 1.2.22 in funds £ £ Unrestricted funds General fund 48,711 (2,499) Designated fund - Holiday Home for blood cancer patients 190,000 - 238,711 (2,499) TOTAL FUNDS 238,711 (2,499) Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 29,365 TOTAL FUNDS 29,365 |
Computer equipment Totals £ £ 3,927 5,855 - 225,000 3,927 230,855 3,927 5,299 - 385 3,927 5,684 - 225,171 - 556 31.1.23 31.1.22 £ £ 3,080 3,080 Transfers between At funds 31.1.23 £ £ (35,000) 11,212 35,000 225,000 - 236,212 - 236,212 Resources Movement expended in funds £ £ (31,864) (2,499) (31,864) (2,499) |
|---|---|
continued...
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Notes to the Financial Statements - continued for the Year Ended 31 January 2023
12. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund Designated fund - Holiday Home for blood cancer patients TOTAL FUNDS |
At 1.2.21 £ 36,097 190,000 226,097 226,097 |
Net movement in funds £ 12,614 - 12,614 12,614 |
At 31.1.22 £ 48,711 190,000 238,711 238,711 |
|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds | Incoming Resources resources expended £ £ |
Movement in funds £ |
|---|---|---|
| General fund | 36,046 (23,432) |
12,614 |
| TOTAL FUNDS | 36,046 (23,432) |
12,614 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Designated fund - Holiday Home for blood cancer patients TOTAL FUNDS |
At 1.2.21 £ 36,097 190,000 226,097 226,097 |
Net movement in funds £ 10,115 - 10,115 10,115 |
Transfers between funds £ (35,000) 35,000 - - |
At 31.1.23 £ 11,212 225,000 236,212 236,212 |
|---|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds | Incoming Resources resources expended £ £ |
Movement in funds £ |
|---|---|---|
| General fund | 65,411 (55,296) |
10,115 |
| TOTAL FUNDS | 65,411 (55,296) |
10,115 |
continued...
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Notes to the Financial Statements - continued for the Year Ended 31 January 2023
13. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 January 2023.
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| Detailed Statement of Financial Activities | |||
|---|---|---|---|
| for the Year Ended 31 January 2023 | |||
| 31.1.23 | 31.1.22 | ||
| £ | £ | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies | |||
| Fundraising income donated | 9,907 | 15,041 | |
| Donations | 2,145 | 9,027 | |
| Lodge income | 3,320 | - | |
| Other trading activities | 15,372 | 24,068 | |
| Fundraising awareness events | 13,981 | 6,842 | |
| Investment income | |||
| Deposit account interest | 12 | 23 | |
| Other income | |||
| HMRC Job Retention Scheme | - | 5,113 | |
| Total incoming resources | 29,365 | 36,046 | |
| EXPENDITURE | |||
| Other trading activities | |||
| Lodge expenses | 6,474 | - | |
| Fundraising awareness costs | 9,602 | 5,299 | |
| Charitable activities | 16,076 | 5,299 | |
| Sundries | 949 | 247 | |
| Gift boxes for families | 705 | 2,240 | |
| Support costs | 1,654 | 2,487 | |
| Management | |||
| Wages | 10,573 | 10,484 | |
| Insurance | 102 | 502 | |
| Telephone | 260 | 238 | |
| Postage and stationery | 424 | 462 | |
| Advertising | 1,610 | 1,391 | |
| Accountancy | 780 | 2,184 | |
| Information technology | 13,749 | 15,261 | |
| Depreciation of tangible fixed assets | 385 | 385 | |
| Total resources expended | 31,864 | 23,432 | |
| Net (expenditure)/income | (2,499) | 12,614 | |
This page does not form part of the statutory financial statements
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