Charity R•glstratlon No. 1166674 (England and W•lesl Charlty Reglstraoon No. SC0466691Scotland) BREAST CANCER RESEARCH AID ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
BREAST CANCER RESEARCH AID CONTENTS Trust8es' rert Indep8nd8nt examinerfs rgFW)rt ststem8nl of flnancial acvlbes Balan¢9 $h¢6t Not9¥ to th$ finanual sLments 7-10
BREAST CANCER RESEARCH AID TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2021 The Truslees present thelr 8nnual report a1 finandal statenwnts fLY the year ended 31 March 2021. The Trustees have adopted the provisions of the Statement of Recornnded Prackn ISORPI 'Accounting and Reporting by Chanti&S' iS$Ld in March 2005. The finanaal stalam8nts hav8 been prepared in accordance wth th& accounting w)liLye5 sel out in nCe 1 to the financial statements and u)mply with the Charfty's constrtution, the Charities Act 2011, the chanb.es and Trustee InvestTnent ISLyJllandl Act 2005, th8 Charities Accounts Iscollandl Regulations 2006 las amended) and 'Aco)unting and Reporbng by Charities.. Slalem8nt of Recommnded Pract applicabl8 to charlties preparing their accounts in accordance with th8 Financial Repo.ng Slandard appIable in the UK aTrJ Republ of Ireland (FRS 102) {effeclive 1 January 20191.. Oblècllvos and actlvltl•s The charity's oblective is lo w0de the relief of si¢krws arKI and wotectlon of good health among t8& suffering with breast Can ty SpSShIp of relevant research FffO9rams. The charity helps save lives by SUPFrfxUng ts ongcing re1¢h into breast tancer. and contributing to thè further undgrstanding of the disease w6venlion. dwnosts and treatment by supporting ground breaking research programmes. A¢hlgv•ments and p8rfofmanc• Coronavirus is an ongoing tuatIon affecting everyone IndJIng businesses and Charrttes. 8CRA have also begn affect8d, reduong face to fac colleclion of donations. However, word of moLth.th8 inl8m8t. soclal m8(li8 elc hav6 helped Charlty 800 an Incyoose in don81icTh since the firsl lock down, whlch h88 tsken all th6 Trustees by surpris8. The Trusle8s are workirvJ h8r(1 to promote the Chadty and wai8é mt be given to tham as wa know physical contsct has been drfficutt espeually at the stsrt of thls year. The Charity continu8 to help wilh r8search into Ix9asl cancer and have been lucky erK)ugh to pass on larger donations to the various causes we support, whkh has helped In tria of medlcalion used for Ir8aling cortain types of breast cancer. COV 19 hasn't allowed the Tnjstees to physically see their work this year but the power of th8 intem8t has allowed access wa Zoom to see the benefits from the donabons. Breast Cancer Research Abd is bocorning a noted thwity by the put4ic, sm811. but In stattjre and as Such we are seeing an increase in approathes by iThJfvidua who wlsh tt) ralse don8Uons for Iho Charlty from their own organised events. Plans lor th• futurè As Covid 19 continues. I fmse8 the rxI 12 rnnths bèing on8 of stsbilisation as a tharity INJt with an Sncrease In awareness from the gene1 putAic. mainly from tho use of the inlem81. as more p8ople work and shop from home rather than attend events. Due to the increase in correspondence the Charty now gets and bringing tcoether it1eas on raisiNJ donations, being volunteers has its ch811enges and so going Iard. l am delyhted to have been asked and acp1 the role of part lime Chief Executive Officer for the Charity. so allowing a face and contact for the Charity along with all th8 involvemerts and ro this pJsition expeds. This 18aves a vacancy for Chairporson which Marfena Tercjak has accepted and leaves a Tntsl8e vanCY whith we hope to ffill before Christmas. The next 12 months I hope wll be one wheffj Chanty t*n benefit more from u88 of the intemet whilst Iwking into olher ways. fa to or othws. so the hard work getting the Chanty to where tt is now. doesn't (fvindle. Financial revigw The charity r1Ved donations of £75,680 12020 - £77.095) during thg year. After c¥Jtgoing axpgns95 of £49,61912020- £52.880}, the thanty was left with a surplus of £26.061.
BREAST CANCER RESEARCH AID TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 The unrestricted funds represent income eamed but not utilis&J in SuptIng charilable actNilie5. At 31 March 2021 the chanty held at the bank £83.057 and the Trustees consider this lo be appropriate lo allow them to resrK)nd lo requests for financial SUPForL Strncturg. govgm•nc• and managèmont The Charty is controlled by irs goveming douJment. a LTh5bbJtion forthe charilable I)rpOrated organisation Icioi. Th8 Twsleas who servod during the year and up to the date of signabJr6 of the finandal ststements were.. Mr L Robinson Mr M 8ayllss Ms M Tercjak Charlty TruMr {England and Wal•s) 1166674 CharNy numbor (Scotland) SC046669 PrlnGlpal Address 152 Kemp House CtyRo London EC1V 2NX Indep•ndont Examln•r Flona Haro 3 Casue Court Camegie Campu8 Dunfonnline Frfe KY118PB
BREAST CANCER RESEARCH AID TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 ststement of Trust$. rosponsibililies The Trustees are reSpKN)s1e for preparing the Trustees. Repcfft arKI the finan(ial S)ents in accordan with applicable law and Untte(J lfjngthxn Ac(£MJnts"ng Standards (United lfjngdom Generdly Accepted Accounting Practs.l. The 18w applicable lo tharities tn End and Vlales arxl in ScolJaThY wuirBS tho Trust88s lo prepare financial statements for 6ach finanaal year %thich gve a true arwj fwr view of th8 slat& of affai of the Charity and of the incoming reSOUTces and applicalion of resOurS of the Charity that year. In preparing thesa fin8ncAal statements. the Trustees 8re wuired to." . select suitable actsJuntiNJ kKdld88 then tham ujnststenty. . obs8rv8 the methods arKI prlndple5 In thè Chaf6kn SORP: . make Judgements and eslimales ltsi are pnthnt: - stste whether applThble aecouth"rJ standardg have been folkAved. subject to any materfal departures dlsdosed and explained kn the flnand81 slatsmwts; and . prepare Ihg finan081 statements going u)nc8rn ba515 unless it is hwpwwiatg to PTewm8 that t charity will confinu6 in operatic. The Tru$tg9$ arg reSp0nwb for kgeping sufficpnt accounlw records that disdose wlth reasonable accuracy al any lime the financial posthon of the Charity arKI enable them to ensure that the financi815talements comply wilh the Charities Act 2011. the Chaiity (Acccwnts and Rewts) Rogulations 21))8. the Ch8rities and Trust88 Investment IScoU8nd) Act 2005. the Charlt$8s Ac(x)unts {ScoVand) Ragulalons 2CK)6 (as amnded) and the provlsions of th8 trusl deed. Try are s0 reswJnsib10 for safrguarding the assets of the Charity ond hence for tskirwj roasonab stgps for ts pr84wnlion and of fraud arKI wrwauliti&s. Mr M Bayllss Tru5teg Dated." 20 DwAmber 2021
BREAST CANCER RESEARCH AID INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BREAST CANCER RESEARCH AID I repk)rt to the Trustees on my exnInat)n of fala4 slatements of Breast C•Kr Resewth Aid (the Charity) forth8 y8ar end&J 31 Marth 2021. This report is made soldy lo the chantys Trustees. as a bcmty, in acxx)rdance wth seoon 145 of the Charitles Act 2011. My work has baw undertaken that I slale to the charitls Trustees those matters l am required lo stsle to them in this T8Wrt and for no oth8r purposo. To the fvllesl extent rrnrtted by law, I do not ap1 or assume responsibility to anyone otlw than the Cl and the Trustees as a body, for my worK for thi% repcrt or f(Y the opinions I formed. Rospon$lbllltles and basls of report As the Trustees of the Chartty you are rosponso18 for the w•paT8twJn ol the financ#al statgments In a¢cordarKe with the requirements of the Charibes and Tnlee Inveslmenl IScoU8nd) Act 2005 {the 25 Act), the Charities Accounts {S(x)Ilandl RgguLgtwJns 2006 {as amenO&J) aThJ under seCn 144121 of tha Charities ACE 2011 Ith9 2011 Act). You are sab'sfied that your chai7ty ts not required by charity law lo be audft8d and have (*an instèaj to have an ian1 examin1. I report In respact of my examinatK)n of the CharlS financial Statem ¢arri8d out under secb.on 44111 (cl of the 25 Act and $8Ction 145 of the 2011 Ad. In caryThJ wt my examination I have followed the requirgments of Regulation 11 of the Charilies knxNJnts (Scouandl RegetIOnS 2006 (as 8mendedl and 811 the applublg DirectNJns given by lh8 Chanty c0mmtssK under section 145(5Mb} 2011 ACL Indep•ndont •xamlnorf8 St3t•m• I have completed my examinab"on. I conffinn that no matters have ¢XJme to my attention In ts)nnethn wlth the examination giving me cause to believ8 Ihai in any material rest". accounting records were not kept in respect of the Charity as r8qulred ty s8CttC 44111 lal of the 2Crf)5 Act and Regulallon 4 of the Charitsas Accounts IScLthrKI) RegLd8ti0Th5 20 (as onKgndedl and sedlon 130ofthe2o11.or tho financial statents do not acc¥xd rOrds. or tho financial statem8nts do not 0)mY with the accounting rthwirem8nts of R89ulation 8 of the Charities A¢ftts (lIand) Regulation$ 26 (as amended) and th not comply with the 8pplicaNè requirements c0Mir form 8rKI contgnt of ac£cMJnts set wt in th8 Chanli68 IA(xounts and Reports) RegulalK>ns 2008 cthor than any requ)ent that the aco)unts give a true and fair view whlch 18 a matterconsxlered as part ofan WKleptht exarrAnatth. I hav8 no nc8MS and have i)Jm8 )SS no matters in wth 8X8minatlon to which attentton Should bo dr¥n wi Ihis r8Pryt In order to enabl& a kyoper uTrJgrstsnding the finanrya stst8ments to be reoched. Flona Haro CA Thomson Coop 3 Castle Court Camegie Campus Dunfermline KY118PB Dotsd.. 21 De(wib8r 2021
BREAST CANCER RESEARCH AID STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021 Unrnstricted Unrestricted funds funds 2021 2020 Donations lega¢ies 75.680 77,095 Charitabl8 activities 49,619 S2,880 Not mov8m8nt In fund$ 26.061 24,215 Fun(J balances 81 1 Aprol 2020 56,996 32.781 Fund balanc •t 31 March 2021 83.057 56,996 The statement of finan¢ral activibes irdeS am gains ¥KI losses recognised in the year. All income and expendliure d8ffv6 from conlinuirvJ acalvil.
BREAST CANCER RESEARCH AID BALANCE SHEET ASAT31 MARCH2021 2021 2020 Current assets Cash at bank and in hand 84.197 57,896 Credltors: amounts falllng due wlthln one year (1.140) 19)0) Net current assets 83,057 56,996 Incom• funds Unrestricted funds 83.057 83,057 56,996 Th8 financial statttnents were approved by the T$5 on 20 December 2021 Mr M Bayli88 Tru•t••
BREAST CANCER RESEARCH AID NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 A¢¢ountlng pollcles Charlty infomiation Bwst Cancer Research is a Chaiilable Iw)thd Organisation. 1.1 Accounting convoTrtion Tha financial statements have been rryjared in vlith the ChariWs Igoveming documnll. the Charities Act 2011. tha Charlb"es and Trustee Investmenl {Scolandl Ad 2005. the Ch8rilies Accounts Iscollandl Regulations 2006 las amended) and "Accounts"ng and Rewrttng by Charities.. Ststement of R8commended Practi applicable lo charities preparing their ac£ounts in accordatKe with the Flnanaal Reporting Standard applicab in the UK and Reptjblic of Ireland IFRS 1021 {eff8¢tive 1 January 2019}'. The Charity is 8 Public Benefft Enty as defined by FRS 102. The Charity has tsken advantage of the proviSn$ wi Ihe SORP for charib"8s apptyiNJ FRS 102 Update Bulletin 1 not lo prepare a statenI of Cash Flows. The financi81 statements have been plered under the histortcal f>)8t C4)nventhJn. The pnaP81 8ccKJuntlng policies adopted are sel out bek)w. 1.2 Golng con¢¢m Al the time of approwThJ the financi81 statements. the Trustees havo a reasonable oxpectalion that the Charfty has adequat8 resources lo continue in operational exislence for the for8$eeable future. Thus the Trusl868 trnUe to adopt the ba&8 ofac(x)unts'ng in prèpaiwYJ thè financlal $tstemènts. Al the lime of approvtng the flnanoal $tatgm8nts the Trust99s h8vo a reasonoble eXptstion that thè Charity has adequate resources lo cthilinue in operational exislence for the tseseeable fuiure. Thus the Truste88 contlnue to adopt the wlng c4Jncgm basis of actounbng in Preparfng the 8CtLJunts. At tha d8te of approval of th6 accounts. the Trustees are aware of the pot8ntial impact on tho charlty of the Coronavlrus. 11 Is ai a very early stage therefore it is not posgble lo assess the PK)tential impact. The Irusloes are activèly taklrwj all steps to mrtlgat8 any impact th6 vlrus mty have on the ch8rity. 1.3 Charltable fund$ UnStrIcted tunds can be Itsed in ac(>yd8no vAth the tharltaAo Ced1ve3 at the discretion of the Trustees. R8Stricted fvnds can only be us8d for parti(lar restn.cted purposes with the objects of the charity. Restrictions arise when specif*d by th8 donor or when funds are raised paitiwlar restricted purposes. Further eXana1)n of the nature 8nd wrpw of each fund is Inded in Ihe rK•tes to Ihe ffinancial statements. IA In¢om• l incoming resources cm thè Ststement of Fina181 Aclivitigs 0 Ihe Charfty is 18golly entFlled to the in(x)me and the amomjnt (an be qUant[r wilh reasonable a¢TaCY. Cash donauons are re(x)gnise(f on rg¢xipt. Other drath are re(>)gnised oncè the Charity has been nobfied of the donation. unless performance conditions requrre deferr81 of the amount. Income lax recoverable in relation lo dc¥"On$ receNed urth Gtft or deeds of wvenanl is recognised al the time of the donation.
BREAST CANCER RESEARCH AID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 A¢countlng pollcles (Continued) 1.5 Expendlture ExKEndilure is accounted for on an acc¥uals basis and has been dassrfied uTrler headings that aggregate all cost lated to the calegcwy. Where costs cannot be diredy alth"buted lo particular h&adin95, they have been allocated to activities on a basis consistent wrth the use of reswrr*s. 1.6 Taxatlon The charty is èxempt from tax on its djaritab adivitie¥. Donatlons and hgacl Unrnstrlcted Unrestricted funds lundy 2021 2020 Donallons and gifts Gfft Aid 74.951 729 76,594 501 75.680 77.095 Chable actSvltl•8 Tatal 2021 Total 2020 Re88arch PrO1ts Professional Fees Wobsits Costs 38,074 1.007 8,799 47,999 2.838 72 47.880 50,909 Share of support Costs (see note 4) Share ofgovemance costs {$9e Th)te 4) 599 1,140 771 1,200 49.619
BREAST CANCER RESEARCH AID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Support Costs Support Govomanca costs costs 2021 Support Govemance 2020 Subscriptions 599 TT1 TT1 Independent Examinab'on 1,140 1.200 1.200 1.140 1,739 771 1,200 1,971 Analysed between Charitable activitigs 1.140 1.739 771 1.200 1.971 All costs ara apportined a diroGt ba T9•8 Nong of th8 Tru81008 {or any pgr80n8 cOnled wlth th6ml reCeIv any rtmunératbn or benefits from the Charlty during Ihe year. Employees Th8 averagg monthly number of empknyees duriNJ year 2021 Numb•r 2020 Numb•r Totsl There were no emoYeeS thxe annual remuneration was more than E60.OL¥J. Crndftor•: amounts falllng du• wlthln on• y•ar 2021 2020 Accruals and deferred inccrr 1,140 900
BREAST CANCER RESEARCH AID NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 AIARCH 2021 Unrostrlct8d fund8 Th8se are unrestrlcted fuThYs are rnateri to Ihe Charivs o(*Miies made up as folkxvs.. Alovemont In funds Movgmgrt In funds 1th112M• 31 Il•rth 2tr21 G8nèr81 Fund 32.781 {52.880) 75.680 149.6191 83,057 R•lat8d party transxt 10-