OpenCharities

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2021-10-31-accounts

The trustees
have
had
regard
to the guidance
issued
by the
Charity
Commission
on public benefit.
The CIO makes one or more donations
to
carefully selected organisations,
consistent
with its object.
Research
into potential
cures and treatments
for blood cancer provides a
clear public
benefit
in reducing
the risk of contracting
diseases
such as
Leukaemia
and Lymphoma,
and increasing
the possibility
for patients
to
make a successful
recovery. There are several
renowned
organisations
operaffng
in the UK, which have demonstrated
through
their research and
clinical
practice,
substantially
positive
outcomes
for patients
and
have
Summary
ofthe main
communicated
their
know-how
more
widely,
through
peer-reviewed
activities undertaken
for the
publications
and conferences.
They
participate
in important
initiatives,
public benefit
in relation to
these objects (include within
which
promote
pan-European
and
other
international
collaboration
in
research
and clinical excellence
in treating
blood cancers.
this section the statutory
declaration
that trustees
have The section of the UK public who
will benefit most from the work of our
had regard tothe guidance
issued
by the Charity
Commission
on public
CIO is those
persons
who are currently
suffering
from a blood cancer,
and
those
who
may
in the
future
be diagnosed
with
a blood-cancer
related disease.
benefit)
Additional
details ofobjectives
and activities (Optional
information)
The trustees
follow a thorough
process to identify
suitable
recipient(s)
of
the funds
that we raise: typically
either
another
charity,
which
closely
aligns
with our object (ie. focused
on cancer research)
or for example
a
renowned
research
team
associated
with
a hospital
cancer treatment
ward.
We go through
both
a vetbng
process,
including
visit(s)
to potential
You may choose to include
further statements,
where
rscipisnt(s)
where appropriate,
and a vsriiication
process (post-donation)
to receive feedback on how our donated
funds have been used.
relevant,
about:
There is an annual
review of the effectiveness
of these processes
and
~
policy on grantmaKlng;
corrective steps are taKen where necessary
to ensure
that the funds we
~
policy programme
related
investment;
have raised are used according
to our declared
object.
We continue
to
communicate
with
Professor
Jane
Apperley
the
principal
of Imperial
Health
Charity
(Blood Fund) and through
the discussions
have been abls
~
contribution
made by
to review
and verify the satisfactory
use of the grant made
during 2021,
volunteers. and look ahead to plans for2022.
The CIO is entirely
organised
and staffed
by volunteers,
to whom we are
very grateful.
The trustees
and others donate the use of premises
and
facilities required
for our fundraising
operations.

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e
Summary
ofthe main
achievements
ofthe charity
during the year
In the CIO's sixth year of operation,
donations
totalling
F500 were made
to Imperial
Health
Charity
(further designated
for the Blood Fund); having
been
agreed
by the trustees
to be consistent
with
our object. This
required
us to deplete
our reserves
of working
capital
by approximately
f300.
A formal grant-making
policy is yet to be developed,
but would be based
on the principles
explained
in the preceding
paragraphs.
The trustees
remain
at
the
heart
of
the
decision-making
process
and
other
beneficiaries
may be considered
for future years.
Fundraising
events
were
not practicable
during
2021, though
we did
continue
to sell of branded
clothing.
Insurance
cover primarily
relates to
the cycling
training
(see below),
which
according
to our assessment
is
the
main
risk.
The trustees
act as the
main
offlcers
of the
Fireflies
Cycling Club.
The CIO was able to attract over 40 members
to join the "Fireflies Cycling
Club" which
organises
training
for novice and improver
cyclists enabling
them to participate
successfully
and safely
in endurance
cycling events.
Meetings
of the trustees
were held virtually,
including
with sister groups
around
the world, which have similar objectives.