Cabaret vs Cancer
Report and Financial Statements
Year ending 31st March 2021
Charity registration number: 1167819
Margins Accounting Services Ltd 111 Harbour Way Folkestone CT20 1NA
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Contents
Reference and Administrative Information.................................................................................................................. 4 Trustees .................................................................................................................................................................. 4 Registered Address ................................................................................................................................................. 4 Website .................................................................................................................................................................. 4 Accountant ............................................................................................................................................................. 4 Chair’s Review ............................................................................................................................................................ 5 Report of the Trustees ................................................................................................................................................ 6 Structure, Governance and Management.................................................................................................................... 6 Trustees .............................................................................................................................................................. 6 Decision Making .................................................................................................................................................. 6 Objectives and Activities ............................................................................................................................................. 6 The purposes of the charity ..................................................................................................................................... 6 Contribution made by volunteers ............................................................................................................................ 7 Special Relationships ............................................................................................................................................... 8 Achievements and Performance.............................................................................................................................. 8 St Joseph’s Hospice Hackney (Child Bereavement Team) ..................................................................................... 9 St John’s Hospice, Camden .................................................................................................................................. 9 Macmillan Cancer Support .................................................................................................................................. 9 Boost .................................................................................................................................................................. 9 Cancer is a Drag................................................................................................................................................... 9 Cancer Research UK ............................................................................................................................................ 9 Achievements of the Charity ................................................................................................................................. 10 In Memory Of .................................................................................................................................................... 10 Sponsorship ...................................................................................................................................................... 10 Ashes to Ashes .................................................................................................................................................. 10 Auctions ............................................................................................................................................................ 11 December Advent ............................................................................................................................................. 11 Income Trends .......................................................................................................................................................... 12 Risk Management ..................................................................................................................................................... 13 Plans for the Future .................................................................................................................................................. 13 Statement of Trustees’ Responsibilities ..................................................................................................................... 14
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Independent Examiner’s Report ............................................................................................................................... 15 Statement of Financial Activities ............................................................................................................................... 16 Balance Sheet ........................................................................................................................................................... 17 Notes to the Financial Statements............................................................................................................................. 18
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Reference and Administrative Information
Trustees
Elisabeth Hannah, Chair of Trustees and Founder Mason Ball, Trustee Viphakonh Anita Johnson, Trustee
Registered Address
624 Rayleigh Road Leigh on Sea SS9 5HU
Website
www.cabaretvscancer.co.uk
Accountant
Margins Accounting Services Ltd 111 Harbour Way Folkestone CT20 1NA
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Chair’s Review
Welcome friends and supporters to the Cabaret vs Cancer Annual report.
It’s been a year since I last sat here and looked at the world around us. Covid 19 has had a massive impact on Cabaret vs Cancer but I am hugely grateful to everyone who has continued to support us through online events and auctions, birthday fundraisers and with regular donations. It’s been a challenge of a year, but I am proud to say we have managed to continue to support those most affected by cancer.
Thanks to the support you have given us this year, this will enable us to make a huge impact on those who need our support, from much needed financial grants at Macmillan to Virtual Reality headsets at St Joseph’s. We’ve made a real difference.
Thank you all, and I hope we see each other soon.
E Hannah
Elisabeth Hannah
Founder and Chair of Board of Trustees
Rose Thorne (Founder & Director) with Trustee Benjamin Louche
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Report of the Trustees
The Trustees present their annual report and financial statements of the charity for the year ended 31[st]
March 2021. The financial statements comply with the charity’s trust deed, the Charities Act 1993 and the Statement of Recommended Practice: Accounting and Reporting by Charities.
Structure, Governance and Management
Cabaret vs Cancer operates as a Constitution of a Charitable Incorporated Organisation. We have been operating as a registered charity since June 2016.
Trustees
At any one time there must be a minimum of three charity Trustees. There has been no change in our Board of Trustees and in line with our constitution there is no remuneration paid to Trustees.
If any of the Trustees step down from the Board, a recruitment and selection process for a new Trustee will take place. Future Trustees will be required to serve a 6-month probationary period. This allows the new Trustee and the existing Trustees the opportunity to evaluate their decision. On completion of the probationary period the position will be confirmed for a period of 3 years, which may be renewable, by mutual agreement.
Decision Making
The Board of Trustees meet and consult regularly, they hold ultimate responsibility for the Charity. It agrees the strategy and direction of the charity and confirms grant donations and key financial issues.
Day to day management and administration of Cabaret vs Cancer is delegated to the Chair of the Board of Trustees, in the role of Chief Executive Officer. The charity has no employees.
Objectives and Activities
Over the period of these accounts Cabaret vs Cancer awarded grants which met the Charity’s overarching purpose.
The purposes of the charity
To advance such charitable purposes (according to the law of England and Wales) as the Trustees see fit from time to time but not limited to the relief of sickness and the preservation and protection of good health by:-
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advancing the research, treatment, care and rehabilitation of persons suffering from cancer; and
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by making grants and awards to cancer charities and children under the age of 16, who have lost parents to cancer.
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Contribution made by volunteers
Our team of nation-wide Ambassadors, Angels and Ally’s are collecting donations, staging events and supporting the Board of Trustees as we continue to grow the charity. They continue to be key in growing awareness of the charity throughout the industry.
Sadly most haven’t been able to support us in the way they had previously as the venue doors remained closed for the majority of the last twelve months.
No events were staged for the financial benefit of Cabaret vs Cancer during the year 20-21.
However, the community looked for new ways to raise funds and we are hugely grateful to everyone who raised money with an online show, 24 hour video game-a-thons, a head shave, a virtual class, cash collections at the few actual shows that happened, by donating a % of sales and through our December advent.
Some of our 20/21 Supporters
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Special Relationships
During this year, the Trustees have continued to build relationships with key staff at our main beneficiaries. This enables us to see how our grants are spent and to ensure that Cabaret vs Cancer grants are being utilised for the public benefit. We have continued to build a strong relationship with those who receive our grants.
Achievements and Performance
Cabaret vs Cancer has awarded institutional grants supporting our purpose. Grants are awarded twice a year, in accordance with our governing body, in June and December. The value of grants awarded is agreed upon by the board of Trustees at bi-annual meetings. In addition, emergency grants can be awarded following agreement from the board, this emergency fund allowed us to award a grant to St Joseph’s to buy IT equipment to maintain their child bereavement service during lockdown.
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St Joseph’s Hospice Hackney (Child Bereavement Team)
The family room at St Josephs was worked on extensively during the lockdown – the room was free from use which meant the planned changes could be made without interrupting the work of the team. CvC were given a virtual tour via Skype. This room, along with the smaller rooms facilitate discussions, support and art therapy for young people dealing with bereavement. Feedback from users is that the rooms feel much more comfortable, and the team say the layout and refurbished atmosphere encourages a more open and honest exchange.
St John’s Hospice, Camden
The Stardust Fund in St John’s Hospice continues to support children dealing with the loss of a close relative. Thanks to The Stardust Fund, the hospice child bereavement team have been able to support young siblings with art materials to create a memory box and express their grief, support two siblings of primary and secondary school with a day trip to the seaside which had been a special place for their mother.
Macmillan Cancer Support
Grants awarded to Macmillan on behalf of Cabaret vs Cancer are directed to the grant giving fund of Macmillan. This ensures our grants are used to support those who need financial aid while being treated for cancer. The money is used to provide grants of up to £250 to those who may need additional financial support, whether for heating, traveling to treatments or to buy items to support their recovery.
Boost
This small company in Cornwall produce modern breast forms for women following a mastectomy.
Cancer is a Drag
This charity specifically supports individuals in the palliative stages of their cancer diagnoses.
Cancer Research UK
Grants awarded to CRUK are used to fund research into cancer and advance treatments.
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Achievements of the Charity
In Memory Of
We are full of thanks for those who have created a fundraiser in memory of a loved one. This is the first year we are reporting income due to collections in lieu of flowers and we are hugely grateful to the families of those who supported us at this very difficult time.
Special thanks are given to Yvette Hughes for her significant gift in memory of Jacqui.
Sponsorship
We were delighted to watch our Patron, Dusty Limits and Audacity Chutzpah have their heads shaved for CvC at the beginning of lockdown.
Ashes to Ashes
It was disappointing to not be able to stage any of our planned Ashes to Ashes events live in in 20/21, however tickets holders for our Wilton’s Music Hall dates were able to move to a new date later in 21/22.
Thanks to Sean Mooney, our Ambassador and Director of Beyond the Cabaret, our Trustee Benjamin Louche presented an online virtual Ashes to Ashes show, featuring pre-recorded acts and live performance from Beyond the Cabaret Studios. Live updates were posted on social media thanks to our Ambassador Sarina Del Fuego.
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Auctions
Once again the charity ran a number of online auctions to help raise vital funds for the work of the charity. This time we added an auction in November with no set theme to help raise much needed income for the charity.
We are grateful for the support of David Lynch, Duffy Archives, Brian Herring and all our creators and makers for their donations.
Sci Fi & Fantasy Auction
David Bowie Auction
Twin Peaks/David Lynch Auction
General Auction
December Advent
We set a small target for a December advent, run in association with our Etsy friends and cabaret supporters. With special offers, news, look backs and more. This success will see the annual advent, hopefully grow into a key component of our fundraising calendar.
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Income Trends
----- Start of picture text -----
Income Trends
£12,000
£10,000
£8,000
£6,000
£4,000
£2,000
£-
APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR
17/18 18/19 19/20 20/21
----- End of picture text -----
The chart above shows that our income streams and spikes are becoming predictable. The October 2020 spike was due to a single £10,000 In Memory Of donation. Our monthly direct debit donations took a slight dip at the start of this year but are now back on track.
The income drop in February 2021 was due to the fact we were not able to stage our annual Ashes to Ashes show and associated raffle. The cancellation of the Edinburgh Fringe festival, the Wonderground Festival and all other live events contributed significantly to the reduced income during 20/21.
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Risk Management
The trustees have a risk management strategy that highlights key risks. This strategy indicates the principal risk the charity faces is financial stability due to a decline in donations. The ongoing process of income monitoring and reporting help mitigate the risk. Attention continues to focus on risks arising from health and safety of performers, audiences and our event collections team. Our data policy ensures compliance with GDPR.
Risk assessments are being developed in line with Public Health England guidance in relation to Covid 19 in both terms of collections and live performance.
Plans for the Future
The Trustees’ overarching intention is that Cabaret vs Cancer should continue to provide grants in line with our purpose; supported by our fundraising community and to the benefit of others.
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➢ To ensure the health of the charity in a climate of uncertainty and change due to Covid 19;
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➢ Hold auctions including Twin Peaks, Sci Fi and our Bowie art and collectibles;
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➢ Continue to explore new revenue streams and income generation ideas;
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➢ Appoint a new Ambassador to celebrate our 5[th] birthday; and
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➢ Explore new groups who support those affected by cancer and look to expanding the people we can help support.
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Statement of Trustees’ Responsibilities
The Trustees are responsible for preparing the Trustees’ Annual Report and the 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 Trustees to prepare financial statements for each financial 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 these financial statements, the Trustees are required to:
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➢ select suitable accounting policies and then apply them consistently;
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➢ observe the methods and principles in the Charities SORP;
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➢ make judgments and estimates that are reasonable and prudent;
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➢ state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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➢ 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 enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees declare that they have approved the Trustees’ report above.
Signed on behalf of the charity’s Trustees
| Signature(s) | Elizabeth Hannah | Mason Ball |
|---|---|---|
| Full Name(s) | Elizabeth Hannah | Mason Ball |
| Position | Chair of Trustees | Trustee |
| Date | 16/6/2021 | 16/6/2021 |
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Independent Examiner’s Report
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under Section 144(2) of the Charities Act 2011 and that an Independent Examination is needed. The charity’s gross income exceeded £25,000 and I am qualified to undertake the examination by being a qualified member of the Association of Accounting Technicians
It’s my responsibility to:
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examine the accounts under Section 145 of the Charities Act 2011
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to follow the procedures laid down in the General Directions given by the Charity Commission under Section 145(5)(b) of the Charities Act 2011
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to state whether particular matters have come to my attention
Basis of the independent examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those set out in the statements below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
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1) which gives me reasonable cause to believe that, in any material respect, the requirements
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to keep accounting records in accordance with Section 130 of the Charities Act and;
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to prepare accounts which accord with the accounting records, comply with the accounting requirements of the Charities Act have not been met; or
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2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed:
Date: 23/06/2021
Antoinnette Kudjoe-Flood MAAT Margins Accounting Services Ltd 111 Harbour Way Folkestone CT20 1NA
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Statement of Financial Activities For The Year Ended 31 March 2021
| Notes | Unrestricted | Total | Prior year | |||
|---|---|---|---|---|---|---|
| funds | Restricted | funds | funds | |||
| income funds | ||||||
| £ | £ | £ | £ | |||
| Incoming resources | 3 | 2021 | 2021 | 2021 | 2020 | |
| Income and | ||||||
| endowments from: | ||||||
| Donations and legacies | 50,687 | - | 50,687 | 42,077 | ||
| Charitable activities | 394 | - | 394 | 11,689 | ||
| Investments | 38 | - | 38 | 101 | ||
| Total | 51,119 | - | 51,119 | 51,056 | ||
| Resources expended | 6 | |||||
| Expenditure on: | ||||||
| Raising funds | 654 | - | 654 | 6,487 | ||
| Charitable activities | 48,156 | - | 48,156 | 47,416 | ||
| Total | 48,810 | - | 48,810 | 53,903 | ||
| Net income/(expenditure) | ||||||
| before investment | ||||||
| gains/(losses) | 2,309 | - | 2,309 | -36 | ||
| Net gains/(losses) on | ||||||
| investments | - | - | - | - | ||
| Net income/(expenditure) | 2,309 | - |
2,309 | -36 | ||
| Net movement in funds | 2,309 | - | 2,309 | -36 | ||
| Reconciliation of funds: | ||||||
| Total funds brought | ||||||
| forward | 17,009 | - | 17,009 | 17,045 | ||
| Total funds carried | ||||||
| forward | 19,317 | - | 19,261 | 17,009 |
All of the charity’s transactions are derived from continuing activities. The Statement of Financial Activities includes all gains and losses recognised in the year.
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Balance Sheet For the Year Ended 31 March 2021
| Notes Fixed Assets 7 |
2021 £ 311 |
2020 £ 621 17,757 996 16,761 17,382 17,382 17,382 |
|---|---|---|
| Current Assets | ||
| Cash at Bank and in Hand | 20,003 | |
| Creditors Amounts due in one year 8 Net Current Assets Net Assets Restricted Funds General Funds Total Funds |
996 19,007 19,317 19,317 19,317 |
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Notes to the Financial Statements For the Year Ended 31 March 2021
1 Accounting Policies
a. Basis of preparation
These accounts have been prepared on a going concern basis 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 charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance 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 the Charities Act 2011.
b. Income
All income is included in the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
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Voluntary income and grants receivable, including donations and gifts, are included in full in the Statement of Financial Activities when receivable.
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Investment income is included when receivable.
c. Expenditure
Expenditure is accounted for on an accruals basis. The irrecoverable element of VAT is included with the item of expense to which it relates.
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Costs of generating funds are those costs incurred in attracting voluntary income.
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Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs allocated directly to such activities and those costs of an indirect nature necessary to support them.
d. Funds accounting
Unrestricted general funds are funds which can be used in accordance with the charitable objects at the discretion of the Directors. Restricted funds are funds that can only be used for particular restricted purposes within the objects of the charity. Restriction arises when specified by the donor or when funds are raised for particular restricted purposes.
e. Fixed Assets
Fixed assets are disclosed at cost with items costing (individually or in aggregate for groups of related items), in excess of £300 being capitalised.
Depreciation is calculated to write off the cost of fixed assets on a straight-line basis over the useful economic lives of the assets concerned. Office equipment is depreciated at the rate of 33%.
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Notes to the Financial Statements For the Year Ended 31 March 2021 (continued)
| 2 Income | |||
|---|---|---|---|
| Unrestricted | Restricted | Total Total |
|
| 2021 | 2021 | 2021 2020 |
|
| £ | £ | £ £ |
|
| Donations | 50,687 | - | 50,687 42,077 |
| Other Interest |
394 38 |
- - |
394 38 11,689 101 |
| 51,119 | - | 51,119 53,867 |
3 Expenditure of Charitable Activities
| Unrestricted | Restricted | Total Total |
|
|---|---|---|---|
| 2021 | 2021 | 2021 2020 |
|
| £ | £ | £ £ |
|
| FundraisingActivities | 654 | - | 654 6,487 |
| Administrative Expenses | 5,150 | - | 5,150 4,160 |
| Governance Cost Grants |
756 42,250 |
- - |
756 42,250 756 42,500 |
| 48,810 | - | 48,810 53,903 |
| 4 | Analysis of Governance Costs |
2021 | 2020 | ||
|---|---|---|---|---|---|
| £ | £ | ||||
| Accountancy fees | 596 | 596 | |||
| Independent examination | 160 | 160 | |||
| 756 | 756 | ||||
5 Trustees Expenses
The governing documents provide that no remuneration should be paid to the Trustees and none has been paid.
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Notes to the Financial Statements For the Year Ended 31 March 2021 (continued)
| 6 | Grant Making Boost Butterfly Giving Cancer Research Cancer is a Drag CRUK Daft as a Bush Macmillan St Joseph's Hospice St John’s Hospice The Loss Foundation |
2021 | 2020 | |||
|---|---|---|---|---|---|---|
| £ | £ | |||||
| 2,000 - 3,000 250 4,000 - 7,000 13,000 13,000 - - |
3,000 1,000 7,000 - - 1,000 7,000 12,500 10,000 - 1,000 |
|||||
| 42,250 | 42,500 |
7 Depreciation
Office Equipment Total £ £ Cost At 1st April 2020 932 932 Additions - - Depreciation -621 -621 Net Book Value 311 311
8 Creditors
Trade Creditors
| 2021 | 2020 |
|---|---|
| £ | £ |
| 996 | 996 |
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996
996
9 GOING CONCERN
In common with a number of charities of similar size, Cabaret vs Cancer’s ability to continue is a going concern for the foreseeable future, and depends on its ability to raise funds from various sources.
The financial statements have been prepared on a going concern basis and the trustees believe no material uncertainties exist. The trustees have therefore concluded that it remains appropriate to prepare the accounts on a going concern basis.
The Trustees recognise however that these matters are inherently uncertain and should existing funding streams be disrupted or, additional funding not become available, the trustees may have no alternative but to cease operations.
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