## In Sue's Name
Report and Financial Statements 12 month period ended: 31st December 2021
Charity no: 1164236
Sue's name
## Report of the trustees for the 12 month period ended 31st December 2021
The trustees present their annual report and financial statements of the charity for the 12 month period ended 31st December 2021. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's trust deed, the Charities Act 2011 and 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 published on 16 July 2014.
## Objectives and activities for the public benefit
The purposes of the Trust are for the public benefit and specifically within the area of England and
(a) To assist in the treatment and care of persons suffering from brain tumours or in need of support as a result of such illness
(b) To promote and protect the physical and mental health of sufferers of brain tumours in England and Wales through the provision of financial assistance, support, education and practical advice
(c) To advance the education and awareness of the general public in all areas relating to brain tumours
(d) To provide grants to fund research into the prevention and cure of brain tumours.
The trustees confirm that they have referred to the Charity Commission's guidance on public benefit when reviewing the Trust's aims and objectives, in planning future activities, and setting the grant making policy for the year.
The Trust furthers its charitable purposes for the public benefit through its grant-making policy which aims at funding research and teaching related to the treatment, cure and nursing of sufferers of Brain Tumours and related conditions. To date the charity has donated exclusively to the Blizard Institute at the University of London in Whitechapel to support their research and teaching
## Grant making policy
The Trust has established its grant making policy to achieve its objects for the public benefit. The Trust's aim is to improve the lives of sufferers with Brain tumours and related conditions now, and to seek a permanent cure in the future. Brain cancer is the biggest cancer-related killer of under 40s and as such it devastates young families, leaving parents without children and children without parents.
## Risk management
The principal risks faced by the Trust lie in operational risks from ineffective grant making and the capacity of the Trust to make effective grants. The operational risk from ineffective research and grant awards that are ineffective in the advancing knowledge and practice to the benefit of those suffering from Brain tumours and related conditions is managed by firstly retaining trustees of sufficient skill and expertise to our board of trustees and secondly through the quality of the institutions and people who we support. The process of reporting and review assists us, and those we support, in keeping track of how research and knowledge is developing. This review process retains our focus on the public benefit derived from our funding of their work.
## Structure, governance and management
The Trust is a charitable incorporated organisation ("CIO") with charity number 1164236, and is constituted under a constitution dated 20 August 2015. The Trust was established by the Taylor family in memory of their daughter, Sue Blasotta. The Trust actively undertakes fundraising activity and it seeks to work with research and teaching organisations in making grants to further the charity's aims.
New trustees are appointed by the existing trustees and serve for terms between 2 and 4 years after which they may put themselves forward for re-appointment. The constitution provides for a minimum of three trustees, to a maximum of nine trustees. At the quarterly trustees' meetings, the trustees agree the broad strategy and areas of activity for the Trust, including consideration of fundraising, grant making, and risk management policies and performance. The day-to-day administration of grants is delegated to the Treasurer. Assisting the trustees, a selection of sub committees manage specific events and key focus areas such as marketing. The trustees seek to follow the good practice 'Charity Trustees Guide' issued by 'CSA and have all been issued with a copy of the governing constitution and a copy of the Charity Commission's guidance The Essential Trustee: What You Need to Know'
The Trust is an umbrella member of the Brain Tumour Research UK.
Trustees are required to disclose all relevant interests and register them with the Chief Executive and in accordance with the Trust's policy withdraw from decisions where a conflict of interest arises. Neither the Trust nor any of the trustees have interests with the pharmaceutical industry but any such interests would be disclosed. No officers of the charity receive any remuneration.
## Reference and administrative information
## Trustees
Craig Rydqvist, Chair of Trustees Simal Raicha Daniella Siretz Michael Cuschieri
Officers
David Taylor, Director Nichola Rydqvist, Treasurer
## Principal Office
127 Wynchgate Wnchmore Hill London N21 IQT
Charity Number: 1164236
## Trustees' responsibilities in relation to the financial statements
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period. In preparing the financial statements, the trustees are required to.
select suitable accounting policies and then apply them consistently; observe the methods and principles in the applicable Charities SORP; make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the
financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website in accordance With legislation in the United Kingdom goveming the preparation and dissemination of financial statements.
Approved by the trustees on 30 September 2021 and signed on their behalf by: Craig Rydqvist
C RYDQVIST CHAIR of TRUSTEES
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CHARITY COMMISSION 11642%
FOR [NGtANO wm€s
Annual accounts fry the 'od
end
Period d*te Jan-2f To Dec-2f
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## Section A
## Statement of financial activities
||||||||||||Restricted|Restricted|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Recommended
categories||||
by||||Unrestricted
mnds|||Income||mnds||TO|
mnds|||||finds||
|Incoming
resources|
(Note||
3)||||||||F
02||F
03||||||||F
05||
|Income
and
endowments
from
:|||||||||||||||||||||||
|Donatiors||||||SOI|||12.790|||||||`f`|
`790`||||20.396||
|adivities||||||502|||9
960|||||||9
960|||||2252||
|tradirp
adi•ities||||||S03|||55
245||||||55||||45||16909||
|Separate
item
Of|||||||||||||||||||||||
|Total|||||||||77
995||||||77
995||||||39
557||
|Resources
expended
(Note||||
6)|||||||||||||||||||
|Expenditure
Ott:|||||||||||||||||||||||
|RAiS'V|||||||||487||||||||||||10,389||
|Ct»rnabk|||||||||90
000||||||90000||||||36,037||
|note-rial
item
01
e•erso||||||SIO|||626||||||||||||1.481||
|Total||||||S12|||91|
113|||||91|||
113|||47|907|
|Net
income/(expenditure)||
before|||
investment||||||||||||||||||
|gains/(losses)||||||S13||
-|13|
118||||||13118
-|||||||
|Net
gairW(bsses)
on|||||||S14||||||||||||||||
|Net
income/(expenditure)|||||||SIS|-|13|
118||||||13||
11B|||B|
350|
|Extraordinary
items|||||||SIS||||||||||||||||
|Transfers
between|funds|||||`S17`|||||||||||||||||
|Other
recognised
gains/(losses):|||||||||||||||||||||||
|arri
bSSeG
on|of
fixed
assets||||
for|we|SIB||||||||||||||||
|aher
gairzt(bsseG)|||||||`S19`||||||||||||||||
|Net
movement
in
funds|||||||`S20`|`-`|13|
118||||||1||11B||
-|||
|Reconciliation
of
funds:|||||||||||||||||||||||
|Total
fon•ard
Total
funds
carried
forward|||||||`S21`
S22||25,782
12664||||||`x`
`782`
12664||||||34.132
E
782||
## Section B
## Balance sheet
||||||||||||Restricted||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Unrestricted||income|Endowment||Total|this|Total|
last||
||||||||||funds||fundA|funds|||||||
|Fixed
assets|||||||||||F02|F03||||F05|||
|Intangibh
assets|||(Note|
15)|||||||||||||||
|Tangible
assets|||(Note|
14)||||B02|||||||||||
|Hernage
assets|||(Note|
16)||||003|||||||||||
|Investments|||(Note|
17)|||||||||||||||
||||Total
fixed
assets|||||005|||||||||||
|Current
assets|||||||||||||||||||
|Stocks|||(Note|
18)|||||||||||||||
|Debtors|||(Note|
19)||||007|||||||||||
|Investments|||(Note
17.4)||||||||||||||||
|Cash
at
bank
and
in||
hand
(Note
24)||||||B09|12.664|||||12,664||26412|||
||Total
current
assets|||||||BIO|12,664|||||12,664||26412|||
|Creditors:
amounts|||falling
due
within||||||||||||||||
|one
year|(Note
20)|||||||Bli||||||||||631|
|Net
current|||assets/(liabilities)|||||B12|||||||||||
|Total
assets|less||
current|
liabilities
813|||||12,664|||||12,664||25||
781|
|Creditors:
amounts|||falling
due
after||||||||||||||||
|one
year|(Note
20)|||||||B14|||||||||||
|Provisions
for
liabilities||||||||815|||||||||||
|Total
net
assets|or
liabilities|||||||816|12,664|||||12,664||25||
781|
|Funds
of
the|
Charity||||||||||||||||||
|Endowment
funds
(Note
27)||||||||817|||||||||||
|Restricted
income
funds
(Note
27)||||||||B18|||||||||||
|Unrestricted
funds||||||||B19|||||||||||
|Revaluation
reserve||||||||B20|||||||||||
||||Total||
funds|||821|||||||||||
|Signed
by
one
or
two
trustees
on
behalf||||||
of|
all|||||||||Date||of|
|the
tri-stees|||||||||Sig|ure||Print|
Name|||approval|||
|||||||||||||||||dd/mrn/|||
## Section C
## Notes to the accounts
## Note 1 Basis of preparation
This section should be completed by all charities
## 1.1 Basis of accounting
These valtn accounts otherwse have been stated prepared in the relevant urxler the mte(s) historical to these cost accouNs.corvention vith iterns recognised at cost or transaction The accounts have been epared in accordance with: • and with' preparirv ttw Statement accounts of Recommerxjed in accordance Practice: with AccountimJ the Finandal and Stamard by Charitiesappucable in the UK arri RepubEc of Ireland (FRS 102) issued on 16 JuW 2014 . and with' the Financial Reporting Starr]ard appicable in the UNted Kingdom and Repubic of Ireland (FRS 102) • arxi with the Charities Act 2011.
The FRS charity 102. • constittnes a ptbic benefit entity as defined by
- -Tick as appropriate
## 1.2 Going concem
If ability there to are continue material as uncertainties a going concern, related please to events provide or the conditions following that details cast significant or state "Not doubt applicable", on the charity'sif appropriate:
An explanation as to those factors that support Not applicable the concltsion that the charity is a goirv concern; Discbsure of any uncertainties that make the Not applicable concem assumption doubtful; Where accounts are not prepared on a Not applicable concern basis, pbase disclose this fact together with the basis on whch the tnstees prepared the accounts and the reason wtry ttE charity is not regarded as a going concem.
## 1.3 Change of accounting policy
The accounts present a true arri fair view arri the
**----- Start of picture text -----**
Yes•
• -Tick as appropriate
No'
**----- End of picture text -----**
policies adopted are tmse othined in note { }.
## Please dsclose:
- (i) the nature of the change in accounting policy;
**----- Start of picture text -----**
(ii) the reasons why applying the new accounting policy
prm•ides more reliable and more relevant information;
and
(iii) the amount of the aØustment for each line affected
in the current period, each prior presented and
the aggregate amount of the adjustment rdating to
before those presented, 3.44 FRS 102 SORP.
**----- End of picture text -----**
## 1.4 Changes to accounting estimates
No changes to eccotnting estimates have occurred in the
period (3 46 FRS 102 SORP).
Yes'
• -Tick as apmopriate Noe
## Please disclose:
## (i) the nature of any
## (ii) the effect of the change on income and expense or
assets and liabilities for the current period; and
(iii) where practicable, the effect of the change in one or more future periods.
## 1.5 r&terial prior year errors
No material prior year emor have been identified in the reporting period (3.47 FRS 102 SORP).
|Yes*|An
immaterial
prior
year|An
immaterial
prior
year|
error
from
yle|
error
from
yle|
2019
has
been|
corrected.|
corrected.|
corrected.|
Debtors|
Debtors|
of|
E850|
E850|
were||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||recognised
in
that|
year||no
corresporxiirq
income.
This|||led|
to
an||
immaterial|||
misstatemert||of|
||openim
balances
which||
has|
now
been|
corrected.|||||||||||
## Please disclose:
||||||||||||||||||2019
income
was
mderstated
by
an
immaterial
amourt|
of|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|(i)
the
nature||of||
the
prior||period|
error;||||||||||€850.
Auction
prizes
were
sold
but
rot
pad
for.
The
debtors
were
recognised
bifi
the
income
was
not
ard
net||
||||||||||||||||||income
was
therefore
understated
€850||
|(ii)
for
each
prior
period|||||presented|||||in
the||accounts,||||the|||
|amount|of
the
correction|||||for
each|||
account||||line|
item|||||
|affected;
and|||||||||||||||||2019
income
ard
funds
carried
forward
were
understated
by
€850.||
||||||||||||||||||In
the
2020
accotrts
the
funds
carried
forward
contirwed||
||||||||||||||||||to
be
urderstated
by
€850.||
|(iii)
the
earliest|amount
of
the
correction
prior
period
presented
in|||||||at
the
beginning
the
accounts.|||||||of
the||€850
increase
in
ftrds
carried
forward
from
prevf0Lsty
stated
2020
accounts||
cont
Section C
## Notes to the accounts
## Note 2 Accounting policies
## 2.2 INCOME
|ms
sterxi•rd|ms
sterxi•rd|ms
sterxi•rd|ms
sterxi•rd|ms
sterxi•rd|Est|Est|Est|Est|
of
accounting
policies
has
been
by
chørty
ex.coM
for
those
ticked
•NO*|
of
accounting
policies
has
been
by
chørty
ex.coM
for
those
ticked
•NO*|
of
accounting
policies
has
been
by
chørty
ex.coM
for
those
ticked
•NO*|
of
accounting
policies
has
been
by
chørty
ex.coM
for
those
ticked
•NO*|
of
accounting
policies
has
been
by
chørty
ex.coM
for
those
ticked
•NO*|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|dd«ent|or||
eddtional||||||||
policy||
has
been
O'%pted
tt»n
this
is
&to/led
in
the
box
below|||||||||
|||||or||||
income|||||These
are
included
in
the
StatereN
Of
Financial
(SOFA)|||||||||
||||||||||||||•
the
charity
becomes
entmed
to
t
resources;|||||||||
||||||||||||||it
is
more
likety
than
ttvt
the
trustee
win
recetvo
tho
resources;
and
•
the
rronetary
can
be
rrpasured
w•ntl
gumcient
re»abilRY.||||||No||N/a|
||||||||||||||lhere
has
been
no
of
assets
liabilities.
or
expenses.|||required|Yes||NO|||
|Offsetting|||||||||||||or
permitted
by
the
FRS
102
SORP
or
FRS
102.|||||||||
||||||||||||||||||Yes||No|||
||||||||||||||Grants
and
dor•tions
are
only
in
tte
SoFA
When
the
general|||||||||
|Grants
and||||dohations|||||||||recognition
criteria
are
(5.10
to
5.12
FRS
102
SORP).|||||||||
||||||||||||||In
the
case
or
related
grants,
incorrp
only
be
recognised
to
extent
that
the
charity
has
provided
the
specified
goods
or
services
as
to|
the|||Yes||No||N/a|
||||||||||||||grant
only
occurs
the
related
coryfittors
are
rmt
(5.16
FRS
102|||||||||
||||||||||||||SOR|||||||||
|Legacies|||||||||||||Legacies
are
included
in
the
SOFA
when
receipt
is
probable,
that
is,
wten
there
has||||Yes||No|||
||||||||||||||been
grant
of
probate.
executors
have
established
that
there
are
assets|
in||||||||
||||||||||||||the
estate
and
any
conditions
attached
to
the
legacy
are
enter
ttY'
control
of
the|||||||||
||||||||||||||cturtty
or
have
been
met|||||||||
|Govemment|||||
grants||||||||The
charity
has
received
government
grants
in
the
reporting
period||||Yes|||N/a||
||||||||||||||Git
Aid
receivable
is
in
income
when
tt»re
is
a
valid
declaration
from
the|||||||||
|Tax
reclaims||||||on|||||||dor»r.
Any
Git
Aid
armunt
recovered
on
a
donation
is
considered
to
be
part
of
that|
gin|||Yes|||Wa||
|donations|||and|||||gifts|||||and
is
treated
as
an
addition
to
the
san>
find
as
initial
dorntion
unless
the
donor||
or|||||||
||||||||||||||terns
of
the
appeal
have
specified
otherWse.|||||||||
|Contractual
income
md
perforrnance
related|||||||||||||This
is
orty
included
in
the
SoFA
once
the
charity
has
provided
ttE
related
goods
or
cr
the
perforrnance
related
conditions.|||||||||
|grants||||||||||||||||||||||
|Donated
goods|||||||||||||Donated
goods
are
at
value
(the
arrotnt
br
vålich
the
asset
could
be
exchanged)
unless
in-practical
to
do
so.||||Yes||||Wa|
||||||||||||||The
cost
of
any
stock
of
goods
doruted
for
distribLiion
to
beneficiaries
is
deerrpd
to
the
fair
valLE
of
ttÜse
gifts
at
the
tirne
of
their
receipt
they
are
recognised
on|be|||Yes||||Wa|
||||||||||||||receipt.
In
the
reporting
period
in
'"lich
the
stocks
are
distnbtåed,
they
are
recognised|||||||||
||||||||||||||as
an
expense
at
carryirg
armunt
of
the
stocks
at
distribution.|||||||||
||||||||||||||Donated
goods
6r
resale
are
measured
at
Éir
value
on
initial
recognition,
Mlich
is
the|||||||||
||||||||||||||expected
proceeds
from
sale
less
the
expected
costs
of
sale,
and
recognised
in
'Incorre
from
other
tradirv
activities'
'"th
ttp
corresponding
stock
recognised
in
the
balance||||Yes||||Wa|
||||||||||||||st-eet.
On
its
sale
the
value
of
stock
is
charged
against
from
other
trading|||||||||
||||||||||||||activities'
and
proceeds
from
sale
are
also
recognised
as
from
trading|||||||||
||||||||||||||activties'
_|||||||||
||||||||||||||||||Yes||||N/a|
||||||||||||||Goods
dorzted
for
orygoing
use
by
tt'E
charity
are
recognised
as
tangible
fixed
assets|||||||||
||||||||||||||and
included
in
the
SoFA
as
incoming
resources
when
receivable.|||||||||
||||||||||||||Gifts
in
for
use
by
the
are
included
in
the
SoFA
as
incorre
from
donations||||Yes||||Wa|
||||||||||||||when
receivable.|||||||||
|Donated||services||||||||and|||Donated
services
%cilities
are
incued
in
SOFA
when
received
at
the
value|of|||`Yes`|||||
|facilities|||||||||||||the
gift
to
the
charity
provided
the
value
of
the
gift
can
be
measured
reliably.|||||||||
||||||||||||||Donated
services
ard
facilities
that
are
consurred
imrnediately
are
recognised
as||||Yes|||||
||||||||||||||incorne
with
an
equivalert
armurt
recognised
as
an
expense
under
the
appropriate|||||||||
||||||||||||||heading
in
tre
SOFA|||||||||
||||||||||||||||||Yes||No|||
|Support||
costs|||||||||||The
charity
has
irrumed
expenditure
on
support
costs.|||||||||
|Volunter|||help||||||||||The
value
of
any
voluntary
help
received
is
not
iTEIuded
in
the
accounts
but
is
described
in
the
trustees'
annual
report.||||Yes||No|||
|Income|
from|||||
interest|||||||This
is
included
in
the
accourts
#1en
receipt
is
probable
and
the
armunt
receivable||||'Yes||No|N/a||
|royalties||and||||dividends|||||||can
be
reliably.|||||||||
|Income
from
bership
subscriptions|||||||||||||Mernbership
subscriptiors
received
in
the
nature
of
a
gift
are
recognised
in
Donations
and
Legacies||||Yes|||||
||||||||||||||MerrbersNp
subscriptiom
wtich
gives
a
rrEffber
the
rigm
to
buy
services
or
other||||Yes|||||
||||||||||||||benefits
are
recognised
as
earned
from
the
provision
of
goods
services
as|||||||||
||||||||||||||incorre
from
charitable
activities.|||||||||
|Settlernent
of
claims|||||||
insurmce||||||Inscrance
clairs
are
only
included
in
the
SoFA
wten
the
general
recognition
criteria
are
met
(5.10
to
5.12
FRS102
SORP)
and
are
included
as
an
item
of
other
income
in
the
SoFA||||Yes|||||
|Investrnent
losses||||gains||||||
and|||irwestnuns
and
This
includes
any
realised
or
unrealised
gains
or
losses
on
the
sale
of
any
gain
or
toss
from
revaluing
investrrents
to
market
value
at
the
end
of||||Yes|No||||
||||||||||||||year.|||||||||
## 2.3 EXPENDITURE AND LIABILITIES
|
Liability
recognition|
Liability
recognition|
Liability
recognition|
Liability
recognition||Liabilities
are
recognised
wt»re
is
rmre
likely
ttqn
not
that
thoro
a
toga'
or
constnntive
obligation
convnltting
tho
charity
to
pay
out
regotrcos
tho
armtnt
Of
tho
obligation
can
be
rmasured
Mh
reasonobio
certainty||||||Yeo|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Governance
md
costs||support|||Support
costs
have
been
aoocnted
governaree
cost'
other
•tm-port
Governance
costs
all
cost'
Involving
public
eccountabilty
Of
charty
and
Rs
compliarco
regulatm
and
good
proctk;o.|||||||`No`||||
||||||Support
costs
include
central
turttions
have
boon
altocat&d
to
activRy
cost||||||Yes|No||||
||||||on
a
basis
consistent
tho
of
resorrce•,
eg
anocating
property|||||||||||
||||||by
moor
areas.
or
per
staff
costs
by
ttY'
tin-e
aryl
otter
costs
by|||||||||||
|Grants
Witt
performance
conditions|||||ueago.
Where
the
charity
gtveg
a
grant
condition'
it'
payrmr•i
being
a
•peci%e
lovel
of
service
or
mnptn
to
be
provided,
such
grartg
aro
onty
recogn"ed
in
tho
SoFA
ome
tt»
recipiert
of
the
grant
has
provided
the
specified
service
or
output||||||Yes|No||||
|Grants
payable
without
performance
conditions|||||Where
there
are
conditions
attaching
to
the
grant
that
doror
chatty
to
realistically
avoid
the
a
liability
br
tho
obligation
rmnt
be
recogniged.||||||Yes|No||Wa||
|Redundancy
cost|||||The
charity
nude
redurrfancy
payrronts
dining
ttw
reporting
period||||||Yes|No||||
|Deterred
income|||||No
item
of
deferred
has
been
included
in
the
accoumg.||||||Yes|No||Wa||
|Creditors|||||The
charity
has
creditors
which
are
at
art»unts
less
any
trade
discotnts||||||Yes|No||N/a||
|Provisions
for
liabilities|||||A
liability
is
ny»sured
on
recognition
at
its
historical
cost
and
then
subsequently
at
the
best
estimuto
or
the
required
to
settle
the
obligation
at||||||Yes||No|N/a||
||||||reporting
date|||||||||||
|Basic
financial
in
strum
at
ts|||||The
charity
accounts
for
basic
on
initial
recognition
as
per
paragraph
10.7
FRS102
SORP.
roeagurormnt
is
ag
per
paragraphs
f
.17
to
11.19,
FRS102
SORP.||||||-Yes||No|N/a||
|2.4
ASSETS||||||||||||||||
|Tangible
fixed
assets||||for|are
capitalised
if
they
can
bo
used
than
one
year,
cost
at
least|||||||||||
|use
by
charity|||||They
are
valued
at
cost.||||||Yes||NO|||
||||||The
depreciation
rates
used
are
disclcsed
in
note
9.2.|||||||||||
|Intangible
fixed|
assets||||The
charity
has
irtamible
fixed
assets.
that
is,
non-rmnetary
assets
trut
do
not
have||||||Yes||No|Wa||
||||||physical
substance
but
are
identifiable
and
are
controlled
by
the
charity
throtnh
custody|||||||||||
||||||or
legal
rights.
The
rates
and
rnethods
used
are
disclosed
in
note
9.5|||||||||||
||||||They
are
valued
at
cost.||||||Yes|||Wa||
|Heritage
assets|||||The
charity
has
heritage
assets.
fret
is.
nonqmnetary
assets
writh
Hstoric,
artistic.
scientific,
tectnologel.
geophysical
or
envirorrmntal
qualities
trat
are
held
and||||||Yes||No|Wa||
||||||principally
br
trpir
cortribution
to
krmviedge
and
culture.
The
depreciation|||||||||||
||||||rates
and
methods
Lsed
as
disclosed
in
ncie
9.6.1.4.|||||||||||
||||||||||||Yes|||||
||||||They
are
valued
at
cost.|||||||||||
|Investments|||||Fixed
asset
investrtEnts
in
qLDted
shares,
traded
bonds
and
similar
investnprts
are|||||||||||
||||||valued
at
initially
at
cost
and
subsequentty
at
hir
value
(their
rrzrket
value)
at
the
year||||||Yes|||||
||||||end.
The
sane
treatment
is
applied
to
unlisted
investments
'Mlless
fair
value
cannot
be|||||||||||
||||||reliably
in
which
case
it
is
measured
at
cost
less|||||||||||
||||||Investrrents
held
br
resale
or
pending
their
sale
and
cash
and
cash
equivalents
with
a||||||Yes|||N/a||
||||||rrzturity
date
of
less
than
1
year
are
treated
as
current
asset|||||||||||
|Stocks
and
work
prog
ress||
in|||Stocks
t*ld
for
sale
as
part
of
non-cheritable
trade
are
rneasured
at
or
cost
realisable
value.|
or|net||||Yes||No|Wa||
||||||Goods
or
pro•Æed
as
part
of
a
ctzritable
activity
are
at
net
realisable
value||||||Yes||No|||
||||||based
on
the
service
potential
provided
by
items
of
stock|||||||||||
||||||Work
in
progress
is
valæd
at
cost
less
any
foreseeable
loss
that
is
likely
to
occtr
on|
the|||||Yes||No|||
||||||contract.|||||||||||
|D±tors|||||Debtors
(includirq
trade
debtors
and
bars
receivable)
are
measured
on
indial
recognition
at
settletTV1t
amount
after
any
trade
discounts
or
armmt
advanced
by
the
charity.
Subsequently,
they
are
measured
at
the
cash
or
other
corsideration
expected
to
be
received
•Yes||||||||No|||
|Curran
asset
in
vestrnents|||||The
charity
has
has
investrrerts
which
Folds
resale
or
pending
their
sale
and
cash
and
cash
eqtjvalents
with
a
rrzturity
date
less
tren
one
year.
Ttese
include
cash
on
deposit
and
cash
with
a
rrzturity
date
of
less
than
ore
year
teld
for
purposes
rather
than
to
rreet
st-ort
term
cash
cornrWtrrprts
as
they
dæ
Yes|||||||||||
||||||They
are
valued
at
fair
value
except
vhere
they
qualify
as
basic
martial
instnrrents.||||||Yes||No|||
|POLICIES
ADOPTED||||||||||||||||
|ADDITIONAL
TO|||
OR|||||||||||||
|DIFFERENT
FROM||||||||||||||||
|THOSE
ABOVE|||||||||||||||None|
(cont)
## Section C
## Notes to the accounts
> Note 3 Analysis of income
||||||||||||||||||||||Unrestri&d|Unrestri&d|hc«ne|End(Nment|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Ana|||is|||||||||mnd'|||mndS|rundl|||Prior|
year||
|Donations
and
legacies:|||||Donatiors
arx.i
Gift
Aid
L
cies|||rts|||||||||||||12
790
9
960||||12,790
9
960|||20|
396||
||||||General
grants
provided|||||||
try|
governmerWottpr||||||||||||||||||
||||||charities||||||||||||||||||||||||||
||||||Membership
subscriptiors|||||||||sporsorstips|||||||||||||||||
||||||whch
are
in
substance||||||||||||||||||||||||||
||||||Donated
oods|||faciities
arri||||||services|||||||||||||||||
|||||||||||||||||||Total|||22,750||||22|750||22|
648||
|Chariab)e|||||||||||||||||||||||||||||||
||||||||||||||||||||Total||||||||||||
|Other|||
trading||||||||||||||||||||||||||||
||||||Annual
Gor
Event||||||||||||||||||||||||||
||||||Themed
Ni
hts
Ortit
Wak
of
Ho
Jail
Break
S
ive||||||||||||||Total||15,915
35,631
3
593
106
55
245||||15,915
35,631
3,593
106
55
245|||150
16,359
16909|||
|Income||||from|Interest
income||||||||||||||||||||||||||
|investrnents:|||||Divider-d
income||||||||||||||||||||||||||
||||||Rental
ard
leasi|||||income|||||||||||||||||||||
||||||||||||||||||||Total||||||||||||
|Separate|||||||||||||||||||||||||||||||
|material
item|||||||||||||||||||||||||||||||
|of|
income:||||||||||||||||||||||||||||||
||||||||||||||||||||Total||||||||||||
|Other:|||||Conversion|of
endowrrert
ftrris|||||||||into
income||||||||||||||||
||||||Gain
on
disposal||||of
a|||||fixed||||
asset|
heki||||||||||||
||||||for
cha
's|
ovvntse|||||||||||||||||||||||||
||||||Gain
on
disposal||||of
a||programme||||||
rehted||||||||||||||
||||||investmert||||||||||||||||||||||||||
||||||Royalties
from||
the|||
exploitation
of||||||intelecttnl|||||||||||||||
||||||ri
hts||||||||||||||||||||||||||
||||||Other||||||||||||||||||||||||||
||||||||||||||||||||Total||||||||||||
|TOTAL||||INCOME|||||||||||||||||77,995||||77,995|||39,557|||
(cont)
## Section C
Note 6
## Notes to the accounts
Analysis of expenditure
||||||||||||Restrlcted|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Unm
stricted||Inccme|Endowment||||||||
||||||||||funds||funds|funds||funds||Prior|
year|||
|||||Ana
is||||||||||||||||
|Expenditure|||on|Incumed
seekirp
donations||||||||||||||||
|raising
funds:||||Incm•ed
seekirp
k>gacies||||||||||||||||
|||||Incumed
seekitv
grants||||||||||||||||
|||||Operatim)
membership
schemes||||and||||||||||||
|||||social
lotteries||||||||||||||||
|||||Stagirv
fundraising
events||||||||||||||||
|||||Fudraisirv
agents||||||279||||279||8||
878||
|||||Operatirv
charity
shops||||||||||||||||
|||||Operating
a
company||||||||||||||||
|||||tradim)||||||||||||||||
|||||activi||||||||||||||||
|||||Advertising,
direct|||mail|||||||||||||
|||||ubici||||||208||||208||1||
511||
|||||Start
up
costs
incurred
in
generating||||||||||||||||
|||||new
source
of
ftnure
income||||||||||||||||
|||||Database
devebpment
costs||||||||||||||||
|||||Other
activities||||||||||||||||
|||||Investment
management
costs:||||||||||||||||
|||||Portfobo
man
ement
costs||||||||||||||||
|||||Cost
of
obtaining
investment||
advice||||||||||||||
|||||Investment
admiristration
costs||||||||||||||||
|||||Intenectual
property
ficencing||
costs||||||||||||||
|||||Rent
coUection,
property
repairs||||and||||||||||||
|||||mairtenance
charges||||||||||||||||
|||||Total
expenditure
on
raising|||
funds|||487||||487||10,389||||
|Expenditure
charitabk|||on|Blizzard
Institute
Grant
2020|||||90,000|||||90,000||36,037||||
|activities||||||||||||||||||||
|||||Total
expenditure
on
chartable
activities|||||90,000|||||90,000||36,037||||
|Separate
item
of
expense||||Insurance
Write
off
of
debtors||||||626|||||626||||631|
||||||||||||||||||||850|
|||||Total|||||||||||626|1||
,481||
|Other||||||||||||||||||||
|||||Total
other
expenditure||||||||||||||||
|TOTAL||
EXPENDITURE|||||||91
113|||||91|
113|47|||
907|
(cont)
Notes to the accounts
## Section C
## Note 19
## Debtors and prepayments
Please complete this note if the charity has any debtors or prepayments.
9.1 Analysis of debtors
**----- Start of picture text -----**
This par Last Fr
**----- End of picture text -----**
Trade debtors Prepasments and accrued income Other debtors
**----- Start of picture text -----**
Total
**----- End of picture text -----**
## Section C
## Notes to the accounts
**----- Start of picture text -----**
(cont)
**----- End of picture text -----**
Note 20 Creditors and accruals Please complete this note if the charity has any creditors or accruals.
## 20.1 Analysis of creditors
|||||||Amounts|Amounts|faNing
due
one
Far|faNing
due
one
Far|faNing
due
one
Far|within|Amounts
falling
due
aner
more
than
one
rar|Amounts
falling
due
aner
more
than
one
rar|Amounts
falling
due
aner
more
than
one
rar|Amounts
falling
due
aner
more
than
one
rar|Amounts
falling
due
aner
more
than
one
rar|Amounts
falling
due
aner
more
than
one
rar|Amounts
falling
due
aner
more
than
one
rar|Amounts
falling
due
aner
more
than
one
rar|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||This|year||Last||
bear|This|year|||Last
par||||
|Accruals
for
grants|
payqble|||||||||||||||||||
|Bank
loans
and
overdrafts||||||||||||||||||||
|Trade
creditors|||||||||||631|||||||||
|Payments
received
on
account||
for|
contracts|
or||||||||||||||||
|performance-related
grants||||||||||||||||||||
|Accruals
and
deferred
income||||||||||||||||||||
|Taxation
and
social|
security|||||||||||||||||||
|Other
crediors||||||||||||||||||||
|||||Total|||||||631|||||||||
|Section
C|||Notes
to||
the|
accounts||||||||||||(|cont|
(cont)
## Note 24 Cash at bank and in hand
|||||||||||||This|
year|Last|year|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Short|
tem|cash||investments||(less|than|3|
months|
maturity|
date)|||||
|Short|term|deposits||||||||||||||
|Cash|at
bank||
and
on||
hand||||||||12,664|26,412||
|Other||||||||||||||||
|Total|||||||||||||12,664|26,412||
## In Sue’s Name
Report and Financial Statements 12 month period ended: 31st December 2021 Charity no: 1164236
## Report of the trustees for the 12 month period ended 31st December 2021
The trustees present their annual report and financial statements of the charity for the 12 month period ended 31st December 2021. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s trust deed, the Charities Act 2011 and 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 published on 16 July 2014.
## Objectives and activities for the public benefit
The purposes of the Trust are for the public benefit and specifically within the area of England and Wales:
(a) To assist in the treatment and care of persons suffering from brain tumours or in need of support as a result of such illness
(b) To promote and protect the physical and mental health of sufferers of brain tumours in England and Wales through the provision of financial assistance, support, education and practical advice
(c) To advance the education and awareness of the general public in all areas relating to brain tumours
(d) To provide grants to fund research into the prevention and cure of brain tumours.
The trustees confirm that they have referred to the Charity Commission’s guidance on public benefit when reviewing the Trust’s aims and objectives, in planning future activities, and setting the grant making policy for the year.
The Trust furthers its charitable purposes for the public benefit through its grant-making policy which aims at funding research and teaching related to the treatment, cure and nursing of sufferers of Brain Tumours and related conditions. To date the charity has donated exclusively to the Blizard Institute at the University of London in Whitechapel to support their research and teaching
## Grant making policy
The Trust has established its grant making policy to achieve its objects for the public benefit. The Trust’s aim is to improve the lives of sufferers with Brain tumours and related conditions now, and to seek a permanent cure in the future. Brain cancer is the biggest cancer-related killer of under 40s and as such it devastates young families, leaving parents without children and children without parents.
## Risk management
The principal risks faced by the Trust lie in operational risks from ineffective grant making and the capacity of the Trust to make effective grants. The operational risk from ineffective research and grant awards that are ineffective in the advancing knowledge and practice to the benefit of those suffering from Brain tumours and related conditions is managed by firstly retaining trustees of sufficient skill and expertise to our board of trustees and secondly through the quality of the institutions and people who we support. The process of reporting and review assists us, and those we support, in keeping track of how research and knowledge is developing. This review process retains our focus on the public benefit derived from our funding of their work.
## Structure, governance and management
The Trust is a charitable incorporated organisation (“CIO”) with charity number 1164236, and is constituted under a constitution dated 20 August 2015. The Trust was established by the Taylor family in memory of their daughter, Sue Blasotta. The Trust actively undertakes fundraising activity and it seeks to work with research and teaching organisations in making grants to further the charity’s aims.
New trustees are appointed by the existing trustees and serve for terms between 2 and 4 years after which they may put themselves forward for re-appointment. The constitution provides for a minimum of three trustees, to a maximum of nine trustees. At the quarterly trustees’ meetings, the trustees agree the broad strategy and areas of activity for the Trust, including consideration of fundraising, grant making, and risk management policies and performance. The day-to-day administration of grants is delegated to the Treasurer. Assisting the trustees, a selection of sub committees manage specific events and key focus areas such as marketing. The trustees seek to follow the good practice ‘Charity Trustees Guide’ issued by ICSA and have all been issued with a copy of the governing constitution and a copy of the Charity Commission’s guidance ‘The Essential Trustee: What You Need to Know’
The Trust is an umbrella member of the Brain Tumour Research UK.
Trustees are required to disclose all relevant interests and register them with the Chief Executive and in accordance with the Trust’s policy withdraw from decisions where a conflict of interest arises. Neither the Trust nor any of the trustees have interests with the pharmaceutical industry but any such interests would be disclosed. No officers of the charity receive any remuneration.
## Reference and administrative information
Trustees
Craig Rydqvist, Chair of Trustees Simal Raicha Daniella Siretz Michael Cuschieri
Officers
David Taylor, Director Nichola Rydqvist, Treasurer
Principal Office
127 Wynchgate Winchmore Hill London N21 1QT
Charity Number: 1164236
## Trustees’ responsibilities in relation to the financial statements
The charity trustees are responsible for preparing a trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period. In preparing the financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the applicable Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements;
- • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the
financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements.
Approved by the trustees on 30 September 2021 and signed on their behalf by: Craig Rydqvist
C RYDQVIST CHAIR of TRUSTEES
**----- Start of picture text -----**
In Sue's Name Charity No
(if any) 1164236
Annual accounts for the period
Period end
Period start date Jan-21 To date Dec-21
Section A Statement of financial activities
Restricted
Recommended categories by Unrestricted income Endowment Prior year
activity funds funds funds Total funds funds
£ £ £ £ £
Incoming resources (Note 3) F01 F02 F03 F04 F05
Income and endowments from:
Donations and legacies S01 12,790 - - 12,790 20,396
Charitable activities S02 9,960 - - 9,960 2,252
Other trading activities S03 55,245 - - 55,245 16,909
Investments S04 - - - - -
Separate material item of income S05 - - - - -
Other S06 - - - - -
Total S07 77,995 - - 77,995 39,557
Resources expended (Note 6)
Expenditure on:
Raising funds S08 487 - - 487 10,389
Charitable activities S09 90,000 - - 90,000 36,037
Separate material item of expense S10 626 626 1,481
Other S11 - - - - -
Total S12 91,113 - - 91,113 47,907
Net income/(expenditure) before investment
gains/(losses) S13 - 13,118 - - - 13,118 - 8,350
Net gains/(losses) on investments S14 - - - - -
Net income/(expenditure) S15 - 13,118 - - - 13,118 - 8,350
Extraordinary items S16 - - - - -
Transfers between funds S17 - - - - -
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the charity’s own use S18 - - - - -
Other gains/(losses) S19 - - - - -
Net movement in funds S20 - 13,118 - - - 13,118 - 8,350
Reconciliation of funds:
Total funds brought forward S21 25,782 - - 25,782 34,132
Total funds carried forward S22 12,664 - - 12,664 25,782
Guidance Notes
**----- End of picture text -----**
## **Section B Balance sheet**
||Guidance Notes|**Unrestricted**
**funds**|**Restricted**
**income**
**funds**|**Endowment**
**funds**|**Total this**
**year**|**Total last**
**year**|
|---|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**|**£**|
|**Fixed assets**||F01|F02|F03|F04|F05|
|**Intangible assets(Note 15)**|B01|-|-|-|-|-|
|**Tangible assets(Note 14)**|B02|-|-|-|-|-|
|**Heritage assets(Note 16)**|B03|-|-|-|-|-|
|**Investments(Note 17)**|B04|-|-|-|-|-|
|**_Total fixed assets_**|B05|-|-|-|-|-|
|**Current assets**|||||||
|**Stocks(Note 18)**|B06|-|-|-|-|-|
|**Debtors(Note 19)**|B07|-|-|-|-||
|**Investments(Note 17.4)**|B08|-|-|-|-|-|
|**Cash at bank and in hand(Note 24)**|B09|12,664|-|-|12,664|26,412|
|**_Total current assets_**|B10|12,664|-|-|12,664|26,412|
||||||||
|**Creditors: amounts falling due within**
**one year(Note 20)**|B11|-|-|-|-|631|
||||||||
|**_Net current assets/(liabilities)_**|B12|12,664|-|-|12,664|25,781|
||||||||
|**_Total assets less current liabilities_**|B13|12,664|-|**-**|12,664|25,781|
||||||||
|**Creditors: amounts falling due after**
**one year(Note 20)**|B14|-|-|-|-|-|
|**Provisions for liabilities**|B15|-|-|-|-|-|
||||||||
|**_Total net assets or liabilities_**|B16|12,664|-|-|12,664|25,781|
|**Funds of the Charity**|||||||
|**Endowment funds (Note 27)**|B17|-|||-|-|
|**Restricted income funds (Note 27)**|B18||-||-||
|**Unrestricted funds**|B19|||-|-||
|**Revaluation reserve**|B20||||-||
|**_Total funds_**|B21|-|-|-|-|-|
||||||||
|Signed by one or two trustees on behalf of all
the trustees||Signature||Print|Name|Date of
approval
dd/mm/yyyy|
||||||||
||||||||
**Section C Notes to the accounts**
|||||||
|---|---|---|---|---|---|
|Note1**Basis of preparation**||||||
|||||||
|**_This section should be completed by allcharities_**_._||||||
|**1.1 Basis of accounting**||||||
|These accounts have been prepared under the historical cost convention with items recognised at cost or transaction
value unless otherwise stated in the relevant note(s) to these accounts.||||||
|The accounts have beenprepared in accordance with:||||||
|• and with*|✓|the Statement of Recommended Practice: Accounting and Reporting by Charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland (FRS 102) issued on 16 July 2014||||
|• and with*|✓|the Financial Reporting Standard applicable in the United Kingdom and Republic of
Ireland (FRS 102)||||
|• andwiththe CharitiesAct2011.||||||
|||||||
|The charity constitutes a public benefit entity as defined by
FRS 102.*||||||
|* -Tick as appropriate||||||
|**1.2 Going concern**||||||
|**_If there are material uncertainties related to events or conditions that cast significant doubt on the charity's_**
**_ability to continue as a going concern, please provide the following details or state "Not applicable", if_**
**_appropriate:_**||||||
|An explanation as to those factors that support
the conclusion that the charity is a going
concern;||||**_Not applicable_**||
|Disclosure of any uncertainties that make the
going concern assumption doubtful;||||**_Not applicable_**||
|Where accounts are not prepared on a going
concern basis, please disclose this fact
together with the basis on which the trustees
prepared the accounts and the reason why the
charity is not regarded as a going concern.||||**_Not applicable_**||
|**1.3 Change of accounting policy**||||||
|The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }.||||||
|Yes*|✓|* -Tick as appropriate||||
|No*|✓|||||
|||||||
|**_Please disclose:_**||||||
|**_(i) the nature of the change in accounting policy;_**||||||
|**_(ii) the reasons why applying the new accounting policy_**
**_provides more reliable and more relevant information;_**
**_and_**||||||
|**_(iii) the amount of the adjustment for each line affected_**
**_in the current period, each prior period presented and_**
**_the aggregate amount of the adjustment relating to_**
**_periods before those presented, 3.44 FRS 102 SORP._**||||||
## **1.4 Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
**----- Start of picture text -----**
Yes* ✓
* -Tick as appropriate
No* ✓
Please disclose:
(i) the nature of any changes;
(ii) the effect of the change on income and expense or
assets and liabilities for the current period; and
(iii) where practicable, the effect of the change in one or
more future periods.
1.5 Material prior year errors
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
Yes* ✓ An immaterial prior year error from y/e 2019 has been corrected. Debtors of £850 were
recognised in that year with no corresponding income. This led to an immaterial misstatement of
No* ✓ opening balances which has now been corrected.
Please disclose:
2019 income was understated by an immaterial amount of
£850. Auction prizes were sold but not paid for. The
(i) the nature of the prior period error;
debtors were recognised but the income was not and net
income was therefore understated by £850.
(ii) for each prior period presented in the accounts, the
amount of the correction for each account line item
2019 income and funds carried forward were understated
affected; and
by £850.
In the 2020 accounts the funds carried forward continued
to be understated by £850.
(iii) the amount of the correction at the beginning of the £850 increase in funds carried forward from previously
earliest prior period presented in the accounts. stated 2020 accounts.
**----- End of picture text -----**
|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**|**Section C Notes to the accounts (cont)**||
|---|---|---|---|---|---|---|---|
|||||||||
|**Note 2 Accounting policies**||||||||
|**2.2 INCOME**||||||||
|_This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a_
_different or additional policy has been adopted then this is detailed in the box below._||||||||
|||||||||
|**Recognition of income**|These are included in the Statement of Financial Activities (SoFA) when:|||||||
||• the charity becomes entitled to the resources;|||||||
||·it is more likely than not that the trustees will receive the resources; and||||Yes|No|N/a|
||• the monetary value can be measured with sufficient reliability.||||✓|✓|✓|
|**Offsetting**|There has been no offsetting of assets and liabilities, or income and expenses, unless required
orpermitted bythe FRS 102 SORP or FRS 102.||||Yes|No|N/a|
||||||✓|✓|✓|
|**Grants and donations**|Grants and donations are only included in the SoFA when the general income
recognition criteria are met(5.10 to 5.12 FRS102 SORP).||||Yes|No|N/a|
||||||✓|✓|✓|
||In the case of performance related grants, income must only be recognised to the
extent that the charity has provided the specified goods or services as entitlement to the
grant only occurs when the performance related conditions are met (5.16 FRS 102
SORP).||||Yes|No|N/a|
||||||✓|✓|✓|
|**Legacies**|Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charityor have been met.||||Yes|No|N/a|
||||||✓|✓|✓|
|**Government grants**|The charity has received government grants in the reporting period||||Yes|No|N/a|
||||||✓|✓|✓|
|**Tax reclaims on**
**donations and gifts**|Gift Aid receivable is included in income when there is a valid declaration from the
donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift
and is treated as an addition to the same fund as the initial donation unless the donor or
the terms of the appeal have specified otherwise.||||Yes|No|N/a|
||||||✓|✓|✓|
|**Contractual income and**
**performance related**
**grants**|This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.||||Yes|No|N/a|
||||||✓|✓|✓|
|**Donated goods**|Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.||||Yes|No|N/a|
||||||✓|✓|✓|
||The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on
receipt. In the reporting period in which the stocks are distributed, they are recognised
as an expense at the carryingamount of the stocks at distribution.||||Yes|No|N/a|
||||||✓|✓|✓|
||Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance
sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading
activities'.||||Yes|No|N/a|
||||||✓|✓|✓|
||Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incomingresources when receivable.||||Yes|No|N/a|
||||||✓|✓|✓|
||Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.||||Yes|No|N/a|
||||||✓|✓|✓|
|**Donated services and**
**facilities**|Donated services and facilities are included in the SOFA when received at the value of
the gift to the charity provided the value of the gift can be measured reliably.||||Yes|No|N/a|
||||||✓|✓|✓|
||Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
headingin the SOFA.||||Yes|No|N/a|
||||||✓|✓|✓|
|**Support costs**|The charity has incurred expenditure on support costs.||||Yes|No|N/a|
||||||✓|✓|✓|
|**Volunteer help**|The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.||||Yes|No|N/a|
||||||✓|✓|✓|
|**Income from interest,**
**royalties and dividends**|This is included in the accounts when receipt is probable and the amount receivable
can be measured reliably.||||Yes|No|N/a|
||||||✓|✓|✓|
|**Income from**
**membership**
**subscriptions**|Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.||||Yes|No|N/a|
||||||✓|✓|✓|
||Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.||||Yes|No|N/a|
||||||✓|✓|✓|
|**Settlement of insurance**
**claims**|Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.||||Yes|No|N/a|
||||||✓|✓|✓|
|**Investment gains and**
**losses**|This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.||||Yes|No|N/a|
||||||✓|✓|✓|
|**2.3 EXPENDITURE**|**AND LIABILITIES**|**AND LIABILITIES**|**AND LIABILITIES**|||||
|---|---|---|---|---|---|---|---|
|**Liability recognition**|Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of
the obligation can be measured with reasonable certainty.||||Yes|No|N/a|
||||||✓|✓|✓|
|**Governance and support**
**costs**|
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and
its compliance with regulation and good practice.||||Yes|No|N/a|
||||||✓|✓|✓|
||Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their
usage.||||Yes|No|N/a|
||||||✓|✓|✓|
|**Grants with performance**
**conditions**|Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.||||Yes|No|N/a|
||||||✓|✓|✓|
|**Grants payable without**
**performance conditions**|Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.||||Yes|No|N/a|
||||||✓|✓|✓|
|**Redundancy cost**|The charity made no redundancy payments during the reporting period.||||Yes|No|N/a|
||||||✓|✓|✓|
|**Deferred income**|No material item of deferred income has been included in the accounts.||||Yes|No|N/a|
||||||✓|✓|✓|
|**Creditors**|The charity has creditors which are measured at settlement amounts less any trade
discounts||||Yes|No|N/a|
||||||✓|✓|✓|
|**Provisions for liabilities**|A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date||||Yes|No|N/a|
||||||✓|✓|✓|
|**Basic financial**
**instruments**|The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.||||Yes|No|N/a|
||||||✓|✓|✓|
|**2.4 ASSETS**||||||||
|**Tangible fixed assets for**
**use by charity**|These are capitalised if they can be used for more than one year, and cost at least|||||||
||They are valued at cost.||||Yes|No|N/a|
||||||✓|✓|✓|
||The depreciation rates and methods used are disclosed in note 9.2.|||||||
|**Intangible fixed assets**|The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody
or legal rights. The amortisation rates and methods used are disclosed in note 9.5||||Yes|No|N/a|
||||||✓|✓|✓|
||They are valued at cost.||||Yes|No|N/a|
||||||✓|✓|✓|
|**Heritage assets**|The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 9.6.1.4.||||Yes|No|N/a|
||||||✓|✓|✓|
||||||Yes|No|N/a|
||Theyare valued at cost.||||✓|✓|✓|
|**Investments**|Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliablyin which case it is measured at cost less impairment.||||Yes|No|N/a|
||||||✓|✓|✓|
||Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments||||Yes|No|N/a|
||||||✓|✓|✓|
|**Stocks and work in**
**progress**|Stocks held for sale as part of non-charitable trade are measured at the lower or cost or
realisable value.|||net|Yes|No|N/a|
||||||✓|✓|✓|
||Goods or services provided as part of a charitable activity are measured at net realisable
based on the servicepotentialprovided byitems of stock.|||value|Yes|No|N/a|
||||||✓|✓|✓|
||Work in progress is valued at cost less any foreseeable loss that is likely to occur on the
contract.||||Yes|No|N/a|
||||||✓|✓|✓|
|**Debtors**|Debtors (including trade debtors and loans receivable) are measured on initial recognition at
settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received.||||Yes|No|N/a|
||||||✓|✓|✓|
|**Current asset**
**investments**|The charity has has investments which it holds for resale or pending their sale and cash and
cash equivalents with a maturity date less than one year. These include cash on deposit and
cash equivalents with a maturity date of less than one year held for investment purposes rather
than to meet short term cash commitments as theyfall due.||||Yes|No|N/a|
||||||✓|✓|✓|
||||||Yes|No|N/a|
||They are valued at fair value except where they qualify as basic financial instruments.||||✓|✓|✓|
|||||||||
|**POLICIES ADOPTED**
**ADDITIONAL TO OR**
**DIFFERENT FROM**
**THOSE ABOVE**|||||**None**|||
|||||||||
|||||||||
**Section C Notes to the accounts (cont)**
||||||||
|---|---|---|---|---|---|---|
|**Note 3**|**Analysis of income**||||||
||**Analysis**|**Unrestricted**
**funds**|
**Restricted**
**income**
**funds**|**Endowment**
**funds**|
**Total funds**|**Prior year**|
||||||**£**|**£**|
|**Donations**
**and legacies:**|Donations and gifts|12,790|-|-|12,790|20,396|
||GiftAid|9,960|-|-|9,960|2,252|
||Legacies|-|-|-|-|-|
||General grants provided by government/other
charities|-|-|-|-|-|
||Membership subscriptions and sponsorships
whichareinsubstance donations|-|-|-|-||
||Donated goods,facilities and services|-|-|-|-|-|
||Other|-|-|-|-||
||**Total**|22,750|-|-|22,750|22,648|
||||||||
|**Charitable**
**activities:**||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
|**Other trading**
**activities:**||-|-|-|-|-|
||AnnualGolf Event||-|-|-||
||ThemedNights||-|-|-|150|
||Orbit|15,915|||15,915|400|
||Walkof Hope|35,631|||35,631||
||Jail Break|3,593|||3,593||
||Skydive|106|-|-|106|16,359|
||**Total**|55,245|-|-|55,245|16,909|
||||||||
|**Income from**
**investments:**|Interestincome|-|-|-|-|-|
||Dividendincome|-|-|-|-|-|
||Rentalandleasingincome|-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
|**Separate**
**material item**
**of income:**||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
|||-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
|**Other:**|Conversionofendowmentfundsintoincome|-|-|-|-|-|
||Gain on disposal of a tangible fixed asset held
forcharity's ownuse|-|-|-|-|-|
||Gain on disposal of a programme related
investment|-|-|-|-|-|
||Royalties from the exploitation of intellectual
propertyrights|-|-|-|-|-|
||Other|-|-|-|-|-|
||**Total**|-|-|-|-|-|
||||||||
|**TOTAL INCOME**||77,995|-|-|77,995|39,557|
**Section C Notes to the accounts (cont)**
|||||||||
|---|---|---|---|---|---|---|---|
|**Note 6**|**Analysis of expenditure**|||||||
||**Analysis**||**Unrestricted**
**funds**|
**Restricted**
**income**
**funds**|**Endowment**
**funds**|
**Total funds**|**Prior year**|
|||||||**£**|**£**|
|**Expenditure on**
**raising funds:**|Incurred seeking donations||-|-|-|-|-|
||Incurred seeking legacies||-|-|-|-|-|
||Incurred seeking grants|||||-||
||Operating membership schemes and
social lotteries|||||-||
||Staging fundraising events||279|||279|8,878|
||Fudraising agents|||||-||
||Operating charity shops|||||-||
||Operating a trading company
undertaking non-charitable trading
activity|||||-||
||Advertising, marketing, direct mail and
publicity||208|-|-|208|1,511|
||Start up costs incurred in generating
new source of future income||-|-|-|-|-|
||Database development costs||-|-|-|-|-|
||Other trading activities|||||-||
||Investment management costs:||-|-|-|-|-|
||Portfolio management costs||-|-|-|-|-|
||
Cost of obtaining investment advice||-|-|-|-|-|
||Investment administration costs||-|-|-|-|-|
||Intellectual property licencing costs||-|-|-|-|-|
||Rent collection, property repairs and
maintenance charges||-|-|-|-|-|
||||-|-|-|-|-|
||**Total expenditure on raising funds**||487|
-|-|487|10,389|
|||||||||
|**Expenditure on**
**charitable**
**activities**|**Blizzard Institute Grant 2020**||90,000|-|-|90,000|36,037|
||||-|-|-|-|-|
||||-|-|-|-|-|
||||-|-|-|-|-|
||**Total expenditure on charitable**
**activities**||90,000|-|-|90,000|36,037|
|||||||||
|**Separate material**
**item of expense**|Insurance||626|-|-|626|631|
||Write off of debtors|||-|-|-|850|
||||-|-|-|-|-|
||||-|-|-|-|-|
||**Total**||626|-|-|626|1,481|
|||||||||
|**Other**||||||||
||||-|-|-|-|-|
||||-|-|-|-|-|
||||-|-|-|-|-|
||||-|-|-|-|-|
||||-|-|-|-|-|
||**Total other expenditure**||-|-|-|-|-|
|||||||||
|**TOTAL EXPENDITURE**|||91,113|-|-|91,113|47,907|
**Section C Notes to the accounts (cont)**
**----- Start of picture text -----**
Note 19 Debtors and prepayments
Please complete this note if the charity has any
debtors or prepayments.
This year Last year
19.1 Analysis of debtors
£ £
- -
Trade debtors - -
- -
Prepayments and accrued income
Other debtors - -
Total
**----- End of picture text -----**
## **Section C Notes to the accounts (cont)**
**----- Start of picture text -----**
Note 20 Creditors and accruals
Please complete this note if the charity has any creditors or accruals.
20.1 Analysis of creditors
Amounts falling due within Amounts falling due after
one year more than one year
This year Last year This year Last year
£ £ £ £
- - - -
Accruals for grants payable
Bank loans and overdrafts - - - -
Trade creditors 631 - -
Payments received on account for contracts or
- - - - -
performance related grants
Accruals and deferred income - - - -
- - - -
Taxation and social security
Other creditors - - - -
Total - 631 - -
**----- End of picture text -----**
**----- Start of picture text -----**
Section C Notes to the accounts (cont)
Note 24 Cash atote 24 Cash at 24 Cash atCash ath atat bank and in handnk and in handand in handnd in handd in hand in handandndd
This year Last year
£ £
- -
Short term cash investments (less than 3 months maturity date)
- -
Short term deposits
Cash ath atat bank andnk andandndd on handn handandndd 12,664 26,412 ,664 26,412 4 26,412 6,412 412
Otherhererr - -
Total 12,664 26,412 ,664 26,412 664 26,412 ,412 412
**----- End of picture text -----**
**----- Start of picture text -----**
Note 24 Cash atote 24 Cash at 24 Cash atCash ath atat bank and in handnk and in handand in handnd in handd in hand in handandndd
This year Last year
£ £
- -
Short term cash investments (less than 3 months maturity date)
- -
Short term deposits
Cash ath atat bank andnk andandndd on handn handandndd 12,664 26,412 ,664 26,412 4 26,412 6,412 412
Otherhererr - -
Total 12,664 26,412 ,664 26,412 664 26,412 ,412 412
**----- End of picture text -----**
## REPORT
Independent examiner's report to the trustees of In Sue's Name Charitable Incorporated Organisation ('the
```
CIO').
```
I report to the charity trustees on my examination of the accounts of the CIO for the year ended 30 December 2021.
## Responsibilities and basis of report
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the CIO's accounts carried out under section 145 of the Act. In
carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## Independent examiner's statement- matter of concern identified
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept as required by section 130 of the Act; or 2. the accounts do not accord with those records.
In carrying out my examination I noted a restatement of prior year carry forward balances of E850. This
relates to an understatement of income in 2019 from the sale of auction items that gave rise to trade debtors with no corresponding recognition of income.
**----- Start of picture text -----**
I confirm that there are no other matters to which your attention should be drawn to enable a proper
understanding e a cou to be reached.
Signed:
Name: hn Taylo A A
**----- End of picture text -----**
Address: 14 Fairgreen, Barnet, Hertfordshire EN4 OQS
Date: [ ] October 2022i