Section B – Structure, Governance and Management
Optional Information
All trustees are responsible for decision making on the grant giving process. If any of the trustees knows anyone who applies, then that trustee must abstain from the decision-making process to allow a fair and true decision.
We have a more merchandise made in a bid to make more money and also to increase the charities branding so people are more aware of us.
Our aim is to reach as many people as possible with the charity and to get the name out there into the public domain.
If we wanted to appoint a new trustee, I discuss the candidate with the existing trustees to see if there are any objections. I would then approach the person and ask them if they would be a trustee. We then would hold a meeting with all the trustees including the new appointment.
Section C – Objectives and Activities
The objective of the charity is the relief of the financial hardship among people suffering from cancer through the provision of grants.
We have registered with Wonderful Payments as they only take 10p per transaction for general donations. We still have PayPal options on the charity website to restrict the risk of fraud by giving the bank details out.
Section D – Achievements and Performance
The charity ball and other events we had planned were cancelled due to the COVID-19 Pandemic. We asked those who wanted to still take part in the Valley to Coast Walk to do it over the month of August instead. We raised £1395.
We have yet to submit our gift aid claim.
Due to pandemic we didn’t help many people, but we gave out in grants £11,457. The pandemic definitely hindered how many people we helped because hospital appointments and treatment were largely stopped/cancelled. We did see a small rise in applications once lockdown was lifting but not as much as we thought.
Section E – Financial Review
We need a certain amount of money in the bank to put events on. We are hoping in 2021 we can put some events on but at the moment things are still uncertain.
I would like to see us have 1 year’s worth of running costs plus 1 year for up and coming events.
1
REGISTERED CHARITY NUMBER: 1165956 REPORT OF THE TRUSTEES AND UNAuDED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 FOR COST OF CANCER Graham Paul knmited Court House Court Road Bndgend CF31 18E
COST OF CANCER CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020 Pa Report of the Trustees 1 to 2 Statement of Financial kntivifjos Balance Sheet Notes to the Financral Ststom•nts 5 to 9
COST OF CANCER REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020 The tnjstees present their rewrt Imth the fmaKial statements of the d)arity for the year ended 31 De¢ember 2020. The trustees have adopteil the provisions of Accounting and Reporb"ng by Charith"es.' Stslemenl of Recommended Pracb"ce applicable to charibes pparing their accounts in accordance wth the Financial Reporting Stsndard applicabk in the UK and RepulAic of IrelaThJ (FRS 1021 leffective 1 January 2019}. OBJEcfNES AND ACTIVITIES The objective of the charity is the relief of the finawal hardsh among people SLrffering from cancer through the provision of grants. While continuing to raise funds the charrty started focusiNJ ts efforts on the identrficat'on of potential grant re¢ipients in order lo increase the amount of fvnd5 that it distributes. To this end the charity 15 seeking to develop methods of rasing rts profile among potentsal donees. In order lo raise abrdreness. we have had more merchandise made thith our branding provide at fundraising events. Our aim is to reach as many people as possible the charity and to get the name out there into the public domain. ACHIEVEMENT AND PERFORMANCE The charity raised £9,205 in the period12019- £53,916). The charity ball and othei events had planned were ¢an¢elled due to the COVltk19 Pandemi¢. We asked those wanted to stsjl take part in the Valley to Coast Walk to do it over the month of August instead. We raised £1,395. The charity donated £11,457 to 14 donees12019- £8,139 to 13 donees). The pandern definitely hindered how many people helped because hospital appointments and treatsnent werè lar9ety stoppe(V¢an¢elled. We did see a sm811 rise in applications once lockdown VAS lrfbng but It as much as thought. The chafty is focusing on raisin9s its profile in ord¥ to irxrease the number of donees and the amount di8trib(rted in future periods. FINANCIAL RE4llEW The charty made a deficit of £5,827 in the period {2018- £5,545). We hoping in 2021 VR can hord events but at the moment things are still uncertain. At the end of the period h*1 £71.757 {£2019 - £79,640) in the bank. The charitys reserves polw is to keèp approxiTnately 12 months of reserves in the bank Jnty vK)uld be approximatety £15,000. As can be seen the charty is cUentlY holds more than this requiiemenl. As noted earliei the charity is therefore working to raise its profile in the coming months so that it can distribute more grants tr) reduce Ihis surplus ovei the coming years. FUTURE PLANS The charity intends to continue to expand s104%fy. In p3cUlar. the tsrget for 2021 is to be able to help more indwiduals than in 2020 and 2019. To do this the charity 15 consistenuy looking to spread avtareness of the Gharty to polentsal applicants.
COST OF CANCER REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2020 STRUCTURE. GOVERNANCE AND MANAGEMENT Govèmlng document The charity is controlled by its goveming document, a deed of trust and constrbJtes unincorporated ¢harty. Kèy D•clsions All trustees are responsible for decision making on the grant giviryJ process. If any of the trustee5 know5 anyone vtho applie5, then that trustee musl abstain from the decisioTrmakiro process lo allow a fair and tnje decision. Tru$ts¢ Appointments To appoint a new trustee, the Current trustees will be consutted. Individuals Mfjll then be approa¢hed lo assist as trustees. A confirmation meeting will theft be held 7Mth all of the trustees. REFERENCE AND ADMINISTRATIVE DETAILS Registergd Charity number 1165956 Principal address Unil 8 Green Court Village Farm 1ndustn.al Eyate Bridgend CF33 6BN Trustees Mrs N Moss Mrs E K Thomas Mrs G Bamard Approved by order of the t¥)ard of trustees on ......... .... .. . .. ar signed on its behalf by.. Mrs N Moss- Trustee
COST OF CANCER STATEMENT OF FINANCIAL AcTIVlEs FOR THE YEAR ENDED 31 DECEMBER 2020 2020 unrestn.cled fvnd 2019 Total funds Notes INCOME AND ENDOWMENTS FROM Oonalions and Segacies 3,663 19,846 Other fvndraising income 5.542 34,070 Totsl 9,205 53,916 EXPENDITURE ON Raising fijnds 3,282 17,480 Charitabl• activlties Fundraising events Grants Paid 12 11.458 135 8,139 Other 280 1,504 Total 15.032 27,258 NET INcOMEIIEXPENDURE} {5,8271 26.658 RECONCIUATION OF FUNDS Totsl funds brought fOrard Tl.164 50,506 TOTAL FUNDS CARRIED FORWARD 71,337 77,164 The notes form part of these fmancial statements
COST OF CANCER BALANCE SHEET 31 DECEMBER 2020 2020 Unrestricted fijnd 2019 Total funds Notes CURRENT ASSETS Debtor5 Cash at bank 300 71,757 917 79,640 72,057 80,557 CREDITORS Amounts falling due wthin one year 1720) 13,3931 NET CURRENT ASSETS 71.337 77.164 TOTAL ASSETS LESS CURRENT UABIUTIES 71,337 77,164 NET ASss 71.337 77.164 FUNDS Unrestricted funds 71,337 71,164 TOTAL FUNDS 71.337 77.164 tatements e approved by the Board of Trustees and authorised for issue on .. and %%we on rts behalf by.. N Moss- Trustee The note5 fomi part of these finanaal stalements
COST OF CANCER NOTES TO THE FINANCIAL STATEMENTS FOR THE YE4R ENDED 310ECEMBER 2020 ACCOUNTING POUCIES Basis of prèparing the financial statènwnts The finan¢ial statements of the charity, 1th is a public benefft entity under FRS 102, have been prepared in acctsrdanGe Yth the Charities SORP IFRS 1021 Accounting and Reporting by Chartbes- Statement of Recommended Practi¢e applicable lo charrb.es preparing theiT a¢¢ounls in accordance wth the Financial Reporting Standard appCable in the UK and Republic of Ireland IFRS 102} {effectwe 1 January 20191,, Finanaal Reporting Standard 102 The Financial Reporting Stsndard applicable in the UK and Republic of Ireland. and the Charibes Act 2011. The finarrial statements have been prepared under the historical cosl Convention. In¢¢me All income is recognised in the Statement of Financwl Actiwti"es once the charpty has enlrfement to the funds. rt 15 probable that the income will be receiveil and the amount can be measured reliabty. Exp8nditur• Liabilities are re¢ognised as expenditure as soon as there is 3 legal or constructNe OblatiOn commttting the charty to that eXpen1rtu, rt is probable that a transfer of economic beneffts will be required in sethement and the amount of the oblKJation can be mèasured reliabty. Expenditure is a¢¢ounled foi on an accruals basis and has been dassrfied under headings that aggregate all wsl related lo the category. Where costs rannot be diredy attributed to particuL3r headings they have been allocated to activrties ¢n a basis consislenl %wth the use of resources. Grants offed subject to cOndonS have not l*en met at the year end date are noted a$ a commf(ment bul not accrued as expendiiure. Taxation The charity is exempt from tax on ris charitable ath[ts. Fund accounting Unrestricted fvnds can be used in accordance 7oAlh the ¢harilable objectives at the discretion of the trustees. Restricted funds can only be used for parbcular $trted purposes wthin the obiects of the charrty. Re5th"ctions arise vknen specified by the donor or %then funds are raised for partlar restrictsd pU05e$. Further explanabon of the nature arKI wrpose of eath fund is induded in the note5 to the financial stalemenls. Cash The Charty deffnes cash as those arnounts held as cash and in bank at the year end.
COST OF CANCER NOTES TO THE FINANCIAL STATEMENTS- conlinugd FOR THE YEAR ENDED 31 DECEMBER 2020 OTHER FUNDRAISING INCOME 2020 2019 Fundraising events Income from sale of goods Social lotteries 2,789 61 2.692 29,999 1,161 2,910 5,542 34,070 SUPPORT COSTS Finance Accountancy Totals other resour expended Fundraising events 480 480 12 12 12 480 492 Iuded in support costs accountsnry fees payablp of£48012019'. £1,110). The charity does not have any employees12019.' NID. TRUSTEES, REMUNERATION AND BENEFs There Vre no trustees, remunerab.on or other beneffts for the year ended 31 December 2020 nor for the year ended 31 December 2019. Trustees. expenses The followng expense5 re paid to IteeS during the year. N Moss- Nil {2019- £194) DEBTORS: AMOUPUS FALUNG DUE WITHIN ONE YEAR 2020 2019 Other debtors 300 917
COST OF CANCER NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020 CREDITORS: APAOUNTS FALLING DUE WITHIN OME YEAR 2020 2019 Trade creditors other creditors 1,593 1.800 720 720 3,393 MOVEMEMT IN FUNDS Nel movemerrt in funds At 31.12.20 At 1.1.20 unrestrict funds General fund 77.164 {5,827) 71,337 TOTAL FUNDS 77,164 15,827) 71.337 Nel movement in funds, induded in the above are as folkms.. Incoming reswrces Resources expended Movement in fvnds Unrestricted funds General fund 9205 (15.0321 {5,82n TOTAL FUNDS 9,205 115,0321 15,8271 Comparatives for mov•m•nt tn funds Net movement in fvnds Al 31.12.19 At 1.1.19 Unrestricted funds General fund 50.506 26,658 77,164 TOTAL FUNDS 50,506 26,658 77,184
COST OF CANCER NOTES TO THE ANANCIAL STATEMENTS - continu8d FOR THE YEAR ENDED 31 DECEMBER 2020 MOVEMENT IN FUNDS - ntInU•d Comparative net movement in funds. incl in the above are as follows" Incoming reSoUrS Resouices expended Movement in funds Unrestricted funds General fund 53.916 (27.258) 26,658 TOTAL FUNDS 53,916 {27,258) 26,658 A current year 12 months and prior year 12 months combined F*)sthn is as follovts.. Net movement in fvnd5 At 31.12.20 At1.1.19 Unrestrlctsd funds General fund 50.506 20,831 71,337 TOTAL FUNOS 50,506 20,831 71,337 A current year 12 months and prior year 12 months COMned net movement in lund$. induded in the 8b)ve a as f).. Incoming resources Resources expended Movemerrt in ftjnds Unrestricted funds General lund 63.121 142.2901 20,831 TOTAL FUNDS 63.121 142,2901 20,831
COST OF CANCER NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020 RELATED PARTY DISCLOSURES There tre no related party tran5aLln5 for the year ended 31 December 2020.