REGISTERED CHARifY NUMBER: 1165956 REPORT OF THE TRVSTEES AND UNAUWED HIIANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 FOR COST OF CANCER Graham Paul Limrted Crth HoLe Court Road Bnd9end CF31 18E
COST OF CANCER CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Rèport of th• Tyuste Statement of FSnancl¥l Actl¥ttles Batanco Sh8•t Nots¥ to th• Financlal St•tom•nts 5 to 9
COST OF CANCER REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 The trustees preserrt their report ith the fir(81 statements of the f the year ended 31 Dember 2023. The trustees have adopted the txomsons of Atting and Rwting by Charitses.. ststernent of Recommended Prathce apF4icalAe to thanb.es preparing ihw'r accounts in accordance vth the Finanoal Rtporbng Stsrtdard aFWicatrJ• in the UK and RepulAiG of Ireland IFRS 1021 (effective 1 January 20191. OPJECTIVES AND ACTMTIES Objectives and aims The objecb.ve of the thanty is the relf of the finanLy hardship 09 reoF4e suffering frcffl cancer through the provision of grants. The Trustees are aware of thè Charity C¢)mmisOn Guidance C putAi¢ benefft and therefore look to ensure their aCtItieS and grants pro¥ided meet th"s guidance Ir4elher WTth the objectives set out in the Trust Deed. While continuing to ty to raise fvrth, the (• InJstees identified that the ret cost of IMn9 CsIS and change in people'5 souoeconomic ststus. led to a reduced levd of donats'ons and [eSpSe to raising events. This identrfied the reqLHremenl fiK a shift in lund raising thare15 and methods. This soaoeconomic ststus led to an irKrease in grant apF4icab"ons and therefrye demand on d)arlty resources and as the tharty contsnues to be fun v¢4untarily. relab.S with business spjnsors to hdp raise it5 profile and financial income was a key target due to tr)eir finrial p)gtion Comre individuals and thr dejire to raise their own profile in tum by supportwlg ¢hanbes. Business Sponh1ps wll be a key focus in the coming year. Merthandise stodi levds are 8ufficxenlly diveTse folwn9 the fccJ8 on expanding tho ¢)nline shcs) in yèwous year5, however sale5 have been hwer than wedicte¢J, therefcfe invent¢)ry levels remain high. A drivtr to sell more is a focjjs lor this next finanaal year and soc3al media wll be channelltd for this. Th• charity Fa¢•bc account vrn$ UnfoatelY tsrgeted by h¥cers and they V•W• able to tok• dMI the account. This is an iMptsnt focus lo resurreca thi$ as rt is a key d)annd for event and brand awareness. This is woving a chaIn91ng task due lo the diffiajlty in dealing and cM)municats"ng wth Meta, hOvar through businesy assoaation vAth Moss Tecni¢al, their IT expert is assisting this free of charge. Thls 11 be a continued pri for tharty. The monthly lottery conts'nues lo a steady inclyne for the tharity, though nv4V m•mlJeT8hlp has plateaL. A drN• to inc¥ea3e number sold will a foojs also in the comin9 year. ACHIEVEMENT ANO PERFORIAANCE Charitsble activities The charrty rJi$eO £2,532 in the period12022- £8,318). The ¢haiity donated £11,900.04 to 6 famitses(2 - £7,936 to 7 fwnli iesl. From October 2023 we had an increase of people apply.ng for help. It was rety hard to keep on tcp of. so a vmibng list wa5 Started. We did think this was jusi temporary. but Tt did not ease and Ca1 on Ihroughout 2024. We try lo give people applwng mwe time to gel apF4ications back to us as VR underStd that vknen a patient 1$ undergoing treatment it can be very tirirwJ ¥ may need to reduce thi5 time in order to try arwj help others thè list. We have noticed that are notid by other ryganisaliorts as V•E W referrals frryn these OTganisions. some being Great Orrnd Street Hospta. Lond( and IAauNlan n Cardrffvale Hospta.
COST OF CANCER REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEIIIBER 2023 FINANCIAL REVIEW Financial position The charty made a deffi¢it of £9,014 the {2022- surF4us £4,41. At the end of the period £66,087 12022 - £65,283) in the bank. The chaws reserve5 policy is to keep approximatety 12 months of reserves in the bank cUty I)Uld be approximately £12,000. As can be seen the chanty CuentlY hc4ds m(e than requiremerrt. As noted eadier the tharty is thereforè working to get the cuirent wa"rj list LMI so that rt ¢an distn"LwJte mwe grarrts to re(luce this surplus over the coming years. FUTURE PLANS The charity intends to get the oJrrent w3ng list and to get ba¢k Mlo Faceljook so that can Increase its (lIne pmfite. We need to get more people to take on and do ents for the charty to keep the funds omlng in. Our target 18 to increase thts number ol pecyltr the ttharrty hetps eaL year. We V•ill aim lo ke¥p sweading STRUCTURE, GOVERNANCE AND IAANAGEMEpir Gov•mlng documènt The tharty 1$ cortroued by its goveming dc4xmrt a dead of Iru8t ¥tibJteS an unincorpated c8rity. Rocrultm•nt and appolnlmont of new trustee To appoint a new tnjstee. th• current tW5tees Vlill be cty8uIW. lndiirydus wll then be approadwd to asBlst as trustees. A confirniatim m¢etr'ThJ w711 then be held ilh all of Ihe tN8tees. D•cl•lon maklng All trust are respMNe for dedsion making M tr grnnt rxocess. If any of the trusteey know anyme who applies. then that trustee rnust abstain the deo'yormaklng Fwoce88 Its Ilow a fair and tru• deOn. REFERENCE AND AOMINISTRATIVE DETAILS R•glstwgd Ch¥rbty numb 1165956 Prfncipal addr Unil 8 Green Court Village Fami Induslrial Esate Pe Bridgend CF33 6BN Tru8te8 Mrs N Moss Mr5 E K Thomas Mrs C Bamard Approved by L¥der of the board of trustees ...... ..... 8nd ggned on its bthaK by.. Mrs N Mv33- Trustee
COST OF CANCER STATEMENT OF FINANCIAL ACTniTfiES FOR THE YEAR ENDED 310ECEMBER 2023 2023 UnStricted ftjrvj 2022 Total fund$ Ncrtes INCOME AND ENt)OYlMENTS FROM Donations and legaryes 2,532 8.403 other fundraiwn9 inccth¢ Investment income 4.657 925 10,181 Totsl 8.114 18,878 EXPENDITURE 014 Raising funds 2,85N) 4,162 Charftsble actlvttl•s Grants PaKI 13,284 9.105 Other 924 1,120 Total 17.098 14,387 NET INCOMEIIEXPENDITURE) (8.9841 4,491 RECONCILIATION OF FUNDS Total fvnd5 brought forward 65,283 80,792 TOTAL FUNDS CARRIED FORWARD $6,299 65,283
COST OF CANCER BALANCE SHEET 31 DECEMBER 2023 2023 Unrestricted lund 2022 Totsl fund5 Ncrtes CURRENT ASSETS Debt$ Cash at bank 300 58,449 300 66.219 56,749 66,519 CREDITORS Amounts falling due vthin one year 12.4501 (1.2361 NET CURRENT ASSETS 56,299 65.283 TOTAL ASSETS LESS CURRENT UABILITIES 56.299 65.283 NET ASS8 56,299 85,283 FUNDS Unrestricted fundB 65,283 TOTAL FUNDS 56,299 65.263 S V*we aFyoved by the Bowd of Trustees and authc¢d for igsue . and were gned on its bew by.. N Moss- Truste• The ncrtes fcvm part ofthese finarrial Statnts
COST OF CANCER NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 ACCOUt4TING POLICIES Basis of preparing the financlal statements The finanrial statement5 of the tharty, wh¢ch is a putdic tenefft under FRS 102. have been prepared in accordance the Charth"es SORP IFRS 1021 'A(Lfwnting and Reporbng by Chartbes.. Statement of Recommended Pracb"ce a'Cale to thanlies preparing thwr accounts in accordance wrth the Finanaal Reptrg Standard aw114e in Ihe UK and Reput4ic of IielarHI {FRS 102) leffectve 1 January 20191,. Finanrial Reporb"ng Standard 11r2 The Finan(#al Reporting Stsndard applicable in the UK and RepU1C of Irdand, and the Charibes 2011. The finan(x81 statements have been wgpared under the historical cost C(fftvenl. Incofflo All income 15 rerJc4Jnised in the Statem)t of Finan kliwbe$ {Ce the (anty ha$ entitiement to the funds. it is wobatAe that the ir¥ne ViM received and Ihe anount can be me3¥urnd reliabty. Expenditurn Liabilities are recognised as expenditure as as there is a legal or Clstruc 0ation commrtts'ng the charity to that expend1ttJ. rt is wobat4e th a transfer of econwic benefits will be required in sethement and the amount of the ats'On can bp measured reliably. Expenditure is accounted for on an accxual$ baS and ha$ been dassifie(l under heath'ngs that aggregate all c05t related lo the category. Where ¢osts cannot be dire• attribLrted to parti¢uLar headings they have been allocated to actsb.¢$ on a ba5 consistent with the use of reTr£s. Grants offered sU.e¢l to condfoons vthK have not been met ot the yew end dat• We noted as a ¢cnmitsnent but not 8euued a8 expendrture. TaxatSon The charity is exempt from tax on itj d)arbtatle athibes. Fund accountlng Unre$tricted fuThJs cw be Lvd in aCCdKO ith the charrt4t4• ¢ty.l¥e9 at the dl8tt•tion of the trustees. Restricted lunds Can onty be used for p8rficular restrithd Purposes wittin the obJ"•cts of the thanty. R&stricts'ons wise speufigj by tr donor or 4then fvnds are raisgj for pauar re8tricted purposes. Further eXanati of tho nabjre and pUrrA2 of eath lund 1$ ityjuded in the nots8 lo the finanrAal ststements. Cash Thè Chanty defines ¢8sh as those amounts held as cash arKI in bwk at the year end.
COST OF CANCER NOTES TO THE FINANCIAL STATEMENTS- continutd FOR THE YEAR ENDED 31 DECEMBER 2023 DONATIONS AND LEGACIES 2023 2022 Donations Gift aid 2,532 8.318 85 2.532 8,403 OTHER FUNDRAISING INCOME 2023 2022 Fundraising nts Income from sale of gcL*Js SocAal lotteries 2.078 7.301 228 2,652 2.572 4.657 10,181 INVESTMENT INCOME 2023 2022 Depo%t account int•rest 925 SUPPORT COSTS Accywntancy 924 Tho accourrtanvs fee fLY assi5tsrK• in CL¥nwliThJ fv acojunts 18 £900 wL•l$rj VAT. The tharity d5 not have any emF4oye•$12022.' NID. TRUSTEES. REMUNERATION AND BENEFrrs There were no trustses, remUneratic LY other benefits the 31 Decwnbw 2023 r for the year ended 31 December 2022. No expwws vme pa¢d to trustees in the yw (2(Y22- £N.
OST OF CANCER NOTES TO THE FINANCIAL STATEMENTS- continuèd FOR THE YEAR ENDED 31 DECEMBER 2023 DEBTORS: AMouNfs FALUMG DUE WITHIN ONE YEAR 2023 2022 Oth& debtOTS 300 CREDITORS.. AMouKfs FALUNG DUE V•lTHIN ONE YEAR 2023 2022 Trade rJeditoT$ Other credilc 470 1.980 180 1,056 2.450 1,236 MOVEMENT IN FUMOS Net movement in funds At1.1.23 31.12.23 Unre¥trlctsd fund• General fund 65.283 18,984) 56,299 TOTAL FUNDS 65,283 18,984} 56.299 Net movemwrt in funds. induded in th• abm are as fdkyh3'. Ithing Resour¢*s Movement in fund Unrestrictsd funds General fund 8.114 117.0981 18.9841 TOTAL FUNDS 8.114 117,098) 18.9841 Compardtlves for mov•m•nt In funds Net movement in funds At 31.12.22 At 1.1.22 Unresti7Cted funds General fvnd 60,792 4,491 65,283 TOTAL FUNDS 60.792 4.491 65,283
COST OF CANCER NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER 2023 MOVEMENT IN FUNDS- continued CL¥nparative net movement in fund5, induded in the are as fOlv.. IncomiTrJ Resources Movement resources expended in funds Unrestrfcted funds Genera fund 18,878 (14,38n 4,491 TOTAL FUNDS 18,878 114,38TJ 4,491 A OJTrent ye•r 12 mcth arKI w1year 12 mtyrths DJMned posilj.on is as fdlthbB'. Net movement in fund At 31.12.23 At1.1.22 Unrestrictsd funds General fund 60,792 {4.4931 S6,299 TOTAL FUNDS 00,792 14,4931 56,299 A curreftt year 12 months Fwior year 12 m(xths c&Nnknned rt mo¥•m•nt in fund8, irdId in the abjve are as fdlowJ'. Ifwning res1 Resourcs Movement expended In funds Unmtr1Ct funds General knd 26,992 {31,4851 14,4931 TOTAL FUNDS 26.992 131,485) (4.4931 10. RELATED PARry DISCLOSURES There Vre no rdated party transactim8 fty tr* ended 31 December 2023.
COST OF CANCER NOTES TO THE FINANCIAL STATEMENTS- conllnued FOR THE YEAR ENDED 31 DECEMBER 2023 11. GOVERNANCE The tharrty is an UnincryF*N thwity. set LV a(IrFMnistered via a deed of trusL