Chrity rngistr*ion number 1188682 PROSTATE CYMRU ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
PROSTATE CYMRU CONTENTS Page Chairman's statement Twstees, feport 2-13 Independent examinerfs rèport 15 Statement of financial activities 16 88Lgnc8 sh8et 17 Not88 to the finonaal statements 19-31
PROSTATE CYMRU CHAIRMAN'S STATEMENT FOR THE YEAR ENDED 31 DECEAIBER 2023 Welcome from our Chairman On behalf of the Trustees, l Bm pleased to present th& Trust8es Annual Report and Financial Statent for th& year gndSng 31 Dgcgmber 2023. This was an important year for the charity, as we commemorated its 2Cth anniversary. The oecasion was marked with many celebratory events throughout the year, Including the unvelllng of specA8lly commissitin8d 8riwork, designed by ourArnbassador, Welsh a¢tisl Nathan Wybum. Another hi9hpoint saw many iconic Welsh landmarks illuminated blue, a symbolic reminder of thg n88d to raisa awarengss of prostate C8ncer and to open Ihe conversation around prostate health. We have reMaIn unwaverSng In our delemination lo ensure th81 all men in Wales have equal accAss to knowledge, best 8vall8ble tests, care a1 support in the treatment of prostate dise85e. continuing th818ga¢y of )undiThJ Ch8irm8n, 1hg lats R8y Murr8y. The last 10 years ha5 seen considerable growth and we are now recognised Bs thè lsading pr0518te heatth arity In Wales. We are irnmensely proL*J of th8 diffsrance we have made to thè livès of men living in Wales. sincere thanks to f8llow Trustees. Dawd Brace OBE. Lyn Murray, John D8niels, Phil Jarnes MBE. lan Barwick and Jamos Trafford for their nStsnl support, passion and commitm¢nl. Their ltradorship and dear direction arg paramount in the ¢ontlnual growth and expansion ofthe charrty. As a board we are delighted that the plans Sel out for 2023 have, in the main, come to fruition. This must be attributed lo the hard work and rnmItrnent fvom the staff, directed by Chief Executive, fina Tew. (Jjr thanks to Owon Pugsley, Rebecca Havard, Lydia Ca?, Mali Hire aThJ Torn Oakjw. who havg embrac8d the challenges with dedicats'on and enthusk?sm, along wilh new recruits Phoebe Williams & Ellen Jug. l am dgliqhted to raport Income has axcggdgd the Wel recorded prior to Ihe pandemic. I'm sure you'll agree this is an exceptioftal achievement given the current finanfy81 dimate and the fact that we receive no govemment funding or nat81 grants. As an independ8nt WeLsh charity, we rely solely on the gc<¥Jwlll and support of volunteers, fundraisern, and public donations. The report that follows prowdes more delail in relation to our incomg. expgndtturg gnd achiovements during this financh81 year, a8 well as a summary of our future plans. Thls is tharefore an approprfats tlme for me lo thank our FrTendship Groups based in Cardiff & V819. CarmertnShIrC. CeredigK)n, Pernbrokeshire and GlaTnorg8n, 8$ well as the many members of our awaren$ leam who givg UP theiT time to 5UPPOrt the charity in achieviryJ its key objectives. We are fothnale to have a diverse and 8nthusiastiC 9roup of Ambassadors who rÈguL4rty support fvndraisirwJ actNities and awareness opportunitses throughout th& year. A heartfelt thank you to eath of Ih8m for everything they do. Thanks too to Speualist Nurge. Gaynor Newton, who is happiest when meeting and chatitng to 8nd their families who have concerns about thelr prostate health. G8ynor is also avaijable vla thg nursg htstline every weekday evening. We are grateful to our accountsnts. Az9ts. for the prolgs$ional support in compiling these arLounts and for their advice throughout the year. A .9 thank lo weryone who has contributed to the success and grcvmh of th9 Charity as we 81rive, l(yJ8lher, to rnake a drfference to the health and welbe1j ofthe men in Wales. Jamès Andr•w Thomas. Chaimian
PROSTATE CYMRU TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The trustees kwent thelr 8nnual report and ffinanaBI statement8 foT the year ended 31 Decembor 2023. Thg finana81 stataments have been prepared in 3c¢ordan¢e wth the accounting poliaes sel out In nots 1 to the ftnanrAal s18temonts and comply with the charity's goveming document, the Charities Act 2011 and "Accounting and Reporting by Charities.. Statement of Racomrnended Practice appIlbI8 to charitaS prèparing th accounts in accordance wth the Financial Reporting Standard applicable in the UK and Repui4ic of Ireland IFRS 1021 (effective 1 January 20191.. Despite th8 downium in thè aconomy and c4JsI of living rise. parbcularly of note the hik8 in morJage interest ral85 and utilty bills, the th8rity's ouuook for 2023 was srtiVe. Many new Initsatives were planned and fundraising commitmants on the increase. We looked loard to a year of celebralions. and o full calendar of events, as we commemorated our 20th anniversary year. We continued to monrtor our overheads ensurirvJ we kè8p thes&. and op&ratlon81 wsts to a minirnum. However, the investrnent in our awar&ness prOgraMff increased to meet the renewgd dgrnand for workplace lalks. driven by an increased awareness r3mp8ign aThJ strategic approach lo expanding wr corporate partnerships and networklng Opportunities. We are grateful lo our many Friendship groups who are key lo its Su$$. both In planning and implgmgntatlon. The report that follows represgnts the financial perfomancg and activlles ¢)f the tharty during ils financial year ended 31 Drnber 2023. Obledivots and a¢tlvltloS Prt)stata Cymru operates as a Charitable Incorptsr¥ted OrgBnisation {CIOI under Ihè govemance of the Charity Commi8siw and havè stated the following obiects: PTovide support, etlu¢8bon, and practical advice * advance the education of the pu1¢ in all areas relating to prostste problems promote and influence efferthvè cara. involvement and support foT people affected by prostate problems Prostate cancer is m05t common cancer in men, with over 2,500 baing diagnosed every year in Wal88. The risk in rnen of beirrfj Lliagnosed Is 1 in 8 and indications are that the risk is increasing. Our pledge is to irmSe awareness and UndetandIng of both prostale Cancer and proslate disease amongst the Welsh population Bnd provide a source of advicè and support. This work continues lo be 8 priofTty, 8d8Pted accordingly to accomrnodat8 the indiwdual needs of busin9559s and communities. There has bÈ8n a shift in woting practlces with less employeos working from hom•, and empk)yers ncreasing the nurnber of offi¢e*8sed days, renewin9 the demand for the workpL4¢e prn"On$ and aWanesS stands. Our engagement with local communitiès increased aided by Ihe delivery of our bespoke Mobi unlt and th9 L9unch ol our outreach programme. The charity w8$ abl8 to retain a strong inLyJme level, with a slight Incwse of 7.5% on the previous year, whth is commendable given the curr8nt financial dimate and pressure on the individu81's purse strings. In addition to the obwous fmancial benefit, fundraising events play a huge part in ra5sing awargn&88 and sgcurfng ftJbJTe suppcwt of individuals, groups and corporat8 partners. We also mainlained a strong position in tsms of communlcatton and PR, Improving the numbers reached and evident from the ewKouraging and positive messages received. Our advtcè linè and assessment fcffm played a valuable role forthostr with health concems or undergoiro IreatsnenL The Frlendship Groups have been outstanding, with wular meelings. social gatherings and fundraising events plotteil throughout the year. We now have 5 estsblished groups, CardffF & Vale. Camiarthanshire, CeredvJion, P8mbrokeshire and Glamoigan.
PROSTATE CYMRU TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Early discussions have taken place with groups in Monmoulhshire and Brecon, and we are hopeful that these wlll develop further in 2024. A group in North Wales remains a fijture ambibon to support the fijndraising Betivities already takitwJ placo and èstablish a programmÉ of awaron8SS talks. Maln a¢dvltlg¥ Events and lundraSBlng Stsff dlsnJption$ in the first half ol Ihe year put addItnal strain on the team, particajlarly durfng the fr$y porv)d In the summer and the launch of the outreach programme, whth you will hear about later in the reFort. D&%plta thls, wo had a hugo successful summar. with moro evgnts 1han aver, and golf days baing rtiCularty pular. The supprirt of our ragular fundrAis8rs and (x)mmitrngnt of our Friendship Groups wa8. 8fKI c(linUeS to be, invaluable. It Is neY8r easy lo predicl or guarantse income each yèar, 1hjwer, in a year whore many are f88llng tha impact of incxeased personal financAal pressures, we haye again exceeded exFectation. As a charty wè dèpand solely on donath)ns, wa ara Iherèforè 8t&maNy gratèful to all QUT SUPWrtgrs who have tsken part In our offtfal events or ¢ated their own unlquo activfffjes. The Income dertved trom internalty organised evgnts Teprgsentsd 40% of our revgnue. with Ihtr balance being made up from extemal fvrbdralsers and donors, cornpared to 8 morè èvan split in 2022. In Fgbruary w8 h8ld our Big cebratIOn Dinner at The Exchange in Cardiff, to honour aThJ celabrats th¢ hard work and effort of all our fundraisers. Awards lor the 2022 fvndraising year were presented to Kath Jones. Individual Fundraiser." Llandèilo RFC, Team of the Year. Motonovo Finance. Corporate Fundr•l$¢r- St Davld* P8nknlf• Club, Communlty Funthal8•r' and Ollvw Ladbrook•-DAvb•s and Dan Thoma8, Innovativè Fundraiser5. Th8 PresTrdent's Spèck81 RecognitK)n Award was 8W8rdèd in mamory of our much kJv8d Ambassador. Eddie Butler and to everyone who look part in the Machu Picchu trek. Our thanks to all nomine8s who attended. along with sponsors and guests who made it such a memorable evening, Our 20th annivèrsary celabrations b8gan in March th a glamorous black tia dinngr at The Bear Hotel in Cc¢wbridge. organi$ed by the family of our late foun(Jer and Chaiman. R8y Murray. Our thank8 to Rals widow Lyn, who wnlinues to stt on the t)oard of Trustees, plus sons Rob and Matl for their constant commlrnenl. It was a hug8ty succèssful èAllyj, 8tténdéd by many tsf thè original cammrttè& and supporter5, as well as rnembers ofthe Cowbridge communlty, vth8re it all began. In ¢ollaborati¢)n whh the Welsh AssoaatKJn of Male Choirs IWAMCI, a memorable mid-summer concert was held at St David s Hall in Jung. Tha 6venirvJ was a resounding succgss, bringlng toggther 15 male ¢hoir$ from across Wales united to create an unforgèttAbtè musical èxpari8nce. Th8 WAMC hav8 been supporters of Prostate Cymru for some Ume, and we are gratsful lo them for thelr ongolng support we look fOard to their c(Jnc8rt at The Royal bert Hall in 2024. The Ray Murlay Gow Day. a ragular feature In our sprfng calendar, was once again supported by our wular golfers and the many corporate parlnors who contributo to its success evory year. We are gr8lefvl lo the Murray family for their support wh) were on hand to present the trophy, and congratulatM)ns lo th13 year's winners, Jellyfish Business Solutions. Golf provod lo be a popular fvndrasing aGUvty thi$ summgr many gow Club caplalns and bJswiessgs choosing to raise lunds for Prostste Cwmru. Thelr outslanding efftjrts 9V in a totsl in excess of £40,OCQ, whilst also raisirrfJ awareness of prostste c8ncer. Following the sLeSS of 81 year'8 Big Walk. tho èvent took place across a vaTiety of locations, including a heritage walk in the Vale of Glamorgan. Carnarthenshire countryside. Pembrokeshire Coastal Path and thè seaslde town of Aberystwh. Tha Glamorgan Ftlendshlp group's walk Maed the 10th year of the Big Walk, ending wth 8 CU5torn8ry'after paty, at KenfwJ Hill Rugby clb.
PROSTATE CYMRU TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 The event proved as popular as ever wlth reoord numbers turning out to support tho gfforts of thelr local Frfandship Group and community. We 8re a180 gratsfvl to th¢ many individuals and trKJsinesses whu adapted the tradlDn$ of the walK by c¥eating their own mardthon 26 milè walks whelher acTOSS one day or spread throughout the month. The social media interaction as a result was not only a rnajor contributory factor to th8 fundraisiig èfforts but m8d& a huge differen(e in raising awarerss ofthe f8¢ts and risks of proslate cancer. To further endorse our 20th year of operation, wè béeamè th8 charty pather of the Oji Pcrthcawl 10k. Throughout the p8st two decades Prostate Cyrnru has had a strong associalion with thè area and had recenuy launched a new friendship group which also covers Porthcawl. We were gratefvl to all our runners an(J volunteers who made rt such a successfvl and memorablg day. The FN8 Valleys Switve in August, was supported by 200 cyclists who tc(l( on the chaIng1rrfj route from Margam Park, ts¢kllng the steep dimbs of the Bwlch and Rhigos mountains. Competitors battkd thrgh Ihe ernnts inGludin9 heavy rain, mist and winds, supported by the 8rrny of volunteers who ensured the route was well signposted, with strateglc stops s(ttered throughout offering refreshmènts 8nd mechanical 8sslst8nce. As has b8ccffi8 the custom in Novgmber, Big Breakfasts were held throughout the month, to rnlse lun<b lor Prostote Cymru and promote prostale health and aw8rgnèss. Al Friendship Groups embraced the initiaDve hosting many breakfasts In each county. Our thanks lo them 8nd ev9ryon8 who took part, contribulirrfJ to a total of rTh)re th8n £45.0(KI. We are also privileged to work closely with many voluntary organisations such as Rugby Clubs, Rotary Clubs, Golf Clubs. Cycling Club$ and Masonic Lcmjges who have chosen Prostate Cymru as the bgnèfieLqry for th8lr fundraising efforts. We would also like lo thank them for thg OPFN)rtunity to addre55 their membership to r8is9 awar8n8ss of the charity's work and highlah1 thè risks and frdcts of prostale disease. The con(rted gffort througk•ut Ihe year of 50 many should b8 applauded as we extend our thanks and appwiation to the staff of Prostste Cymru, Friendship Groups and Ihe m8ny fftdividuals, voluntary assoaations, business85 and soci81 cg8nlsallons who havg dedicated their time, energy and resource wi support of Prostate Cymru. Aworgn8S15 RaisirwJ awargnes$ of wostate disease throughoul Wales rem81ns a high priority. The 201h annfversary of th8 charity gave an ld"on81 ¢ause for celebration and platform lo increase public knovAgdg9. The milestone was marked by IKJhting up iconic locations across Wales, to raise awarengss about prostste hoalth. Th8 campaign, which aimed to shine a li9ht on Prostate cancer, saw the likes ol the Botanical Gardens. Camrth6nShlre County Counc41 Off8, Ro*h Park Lighthouse. The National Library of Wales, Castell Coch and th8 histr)ric casues of Caemarfon, Pembroke, Chepstow, Hade¢h and Cardrff lum blu8. This symbol messaging 8cting as w r8minder of the need to start conversations and en(A)uragè men to share their personal h8aNh exrIenceS, partiw18rfy those at greBter Fisk. Th8 Conversations conb'nued, when over 200 Prostatè Cymru supporters joined tcgether at NatK)nal Mu5eurn of Wales in Card. to witness the unveiling of a sp8ci8lly producad piK9 of commemorative athork. The portrait. produced by local artist and Prostale Cyrnru Ambassador. N8th8n Wybum, was created using hundreds of photos sent in by those who have been dIagSed with proslats cancer, those working on thg frontline lo improve servic%s for men in Walos, fundraisfrrs an¢J thgse who have lost loved ones to the disease. We wore grateful to S4C who filmed the evening as part of tho Welsh language programme, Y Sgubor Flodau (The Flower Bam), where the last episode in the seri95 was dadiratad to Prostat8 CYMN cbrating 20 ye8rs of achiovement.
PROSTATE CYMRU TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 In June, our much antiapated purpwbuim vehidg 6uppli&J frc¥n South Wales Freemasons 8rrN8d. The custOm-mad8 £120,000 exhibition van was a massive boost to our awareness programm• and a walcome sight at ¢ommunty Ioc8tions a¢ross the country, providing men ¥Mth on opportunlty to grty•4 Ihelr understsnding ol prostats disease an4J spgak to gXPOrts aboui any con¢om$. The vehK48 was presented lo Prostate Cymru by the Provinaal Grand Mastsr, Gerald Rowbottom on behalf of Scrtjth Wales Freemasons, with fvnding through the Masonic Benevolent Fund of South Wales follng an exi%pts'onal dration Iiom Freemason Dawd Swain of the Breckncck Lodge. W& ar8 èxtramally gratgful to Soulh Waks Freemasons for their significant grfl. who hav8 madè a vital contrlbution t only to our chgrity, but to men's heaKh in Wales as a vthole. In addition to thè high profil6 events, tha aim k8 to have a presence in locations to tackle Ihe high-risk categorEs Including an are8 of dèprivation where prostste can¢8r 18 mofe common, a rural arèa where access to medical sem$ is restricted and to an innerwfAty location to encourace wnversation wrth ethnic communities. Th8 v8hid• made its first public apwrance al the Ogi Porthcawl 10k and carried on with ils busy summer schèdule wsrtiTrJ festNals and agricumjral shows across Wales. includin9 the Royal Wèlsh, Pembrokeshire, B1gend. Aborystwh. Monmoulh 8nd Usk. Ad¢Jitional stops were atso made al supomi8rkgts, shopping centres and key sporting èv8nts suth as Thè Cardiff Half, FNa Vallays SportNa and our Big Walk series. Continuing the sporting theme, the second year of our partnership with The Cardiff Devils was confimiad and fans. favourite Josh Batch was Thjminated as our player amba&sador for the season. Thè partnership is a major contributary factor in driving traffic to Jr social rnedia channèls. wth craativè and Interacfjve video o)ntent plawng a key role in aChIng new BUdnceS. Prostote heath messages rwJularfy fgature in their munIcations, with branding p9rmanenly wtthin Ihg aren8 and the official playing shirts. With 53% of the C8rdiff Demls fan base belng male. ifs a perfeL# gateway lo reach our t8rgot audience potenb'ally thos8 at higher risk. Glamorgan Cricket, anolh8r high sporling organbsation, nominated Prostale Cymru as their Ghosen charity at the T20 match against Hampshire al Th8 Gnoll, in August. Our thanks to the N&ath Cricket Club for m8king thls happen and giving us another opportunty to promote prostate health to our key male audience. Wg wér& also privilagad to ba tha nominatad charty at Walas's top dass racing vènu&, Ffos Las, cm rnany OCL3SN)ns through(Krt tt7e racing season. Once again, an opportunity to raise awarene&8 and promote the Importan of earty diagnosis. It is fair to say that the arrival of th& new vehide dramatllY expanded our outreach programme and generatsd hugè int8r8st. However, this did not come vrithout its challengas in t8mis of r8sourcè and logislics. We are grateful to our drivers. awareness volunteers and friendship groups for their commitmènt, wlthout their support it wouk not have been possible lo deliver suth 8n 8mkMtDUS 8cheElule. The CoMptieS of th8 programrne had been underestirnated, therefor8 in Nov8mber thg decision was taken to appoint a dedicated member of staff to manage DUI outreach and awareness programm•s and walcomad Phoeb8 Wlllems to Ihe team. Alongside th& tr8h pr(NJramm. our kèy prèsénlèrs D8wd John, Andy Brown. Brian Harries, Frank Hart. Chrts Jon8s, Slrnon Moffett, lan Norton, Ruth Webb and Andrew Vvllllarns continued lo d81iver awareness talks, sharing their personal expertences. The interactive sessions aL80 provide a means to relay feedba¢k from Ihosg attendlng the semTrnars, thebY regularty updaling the presentalon to address the o)ncns and queskns raised and ensurSng a consi$l¢nt mgssage. with the demand for awareness tslk8 growing. we are grateful to the volunteers who have pledged to undertake awaTreSS training in 2024 to meet this requirement.
PROSTATE CYMRU TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 The expansion of our awaren8s8 8Ctwty has incrèasad thè Iw81 of engagement wlth the public, wth the direct rosult ol more men understsnding the ri8k3, w)98king to th8ir GPS and iherefore generally improwng earfy diagnosis rates. The contact number5 werg fvrthèr boosted by the many organisations choosing Prostste Cymru as thèy nominated charily, with the first tssk to infom) and educ8te their stsff members. i81 m8dia (xjnlinued to play a vital role in shariro awarèness messages. promofjng the nurse hotline and su83Sfu1Y encour8glng thousonds of new folknvers to complete tho heath a$$os$mgnt lomi eaGh month. Our everyday aclwity across 811 platfomis such as Facebook, Inslagram and Twtter, as well as Go(ole adverts to increase website traffic, ha6 reached ovor 4 mlllion u$ors. The introduction of creative video contsnt h8s also boostèd tha numbers of new followers, with 8 particular thanks to our ambassadors and corporate partners for thefjr contrlbutSons. Achievements and perfomi•n¢• The financlal re¥ Shows the breokdown of tha 2023 ino)me and èxp&ndilure, wth a o)mp8rison of 2022, including notes in relation lo the Charity's Incorpwation. I was ploasing to se6 Ihe revenue gen8rated in 2023 continue to inLYgase, wrth a rise of 7.50% over the previous year. We are an indeFEndent Welsh d)arity. we do not have access lo any central funding or G0Mment grants. therefore we rety on the generostiy and support of IndIdual fundraisers and donors. The incom8 dved from Ihls $ource represented 60Y• of Ihe ovtrr811 total, an UF4tft of 33% on last year. The es¢alaUon in PR activty and scK4al medi3 presen( is a major factor in $g¢uring thls public suppxt. We are. of cou, 8Xtr8mèly grat•ful lor all donations received, and thankful for pledges of continued support. We applaud and acknowlod9& the hard work and ugativlty of the staff whose enthusiasm and cornmitrnEnt g•nerated the remaining 40% of revenuè, resulting from the centrally organi8ed community events, such as The Big Walk, Five valYS Sportive, running series, dlnners at)d godayS. We 8r8 also fortunate to have the commitment of our volunl88r frndShiP groups who suprxyl the key events. ntributing a signiftant amount to the annual income. They are wilhoul doubl Ihg most ¢ommittgd hSghly motivated group of individuals you could wish for. we cannot praise them enough. Tho pressure on the NHS services continugd. with the unrest amongst nurses and doctors resuhing in unpr81&nted strike action, which was well documènted. Ttrwe dlfficulties led to a di8ruption in seMc8s, and inevitably a bseo9 in patient care and diagnosis. Whilst we remain1 own to dialogue with the urology departments across Wales, given Il fin8n(x81 and DratIonal difficulties within the NHS, a review w85 undertakèn to ensure that agreed projects remained viable and achievable. The movement within th8 designalod funds rgfte¢t tse adlustrnents, with efforts C4)ncentrated on projècts th8t will have a positlve Impact and are wlhin the charity's ¢ontrd to doliver. Evttde $w$ that paInts 8re wesenting much later therefore at a far more adv8nc*d stage. whelhw that's due to general apathy amongst men, reludan to a(kl to thè burden ol an alr8ady strained systern, or in 50Th cases GP'S resistance to carry out PSA lesls. For this reason, it is mor• important than ever that awarene55 remain5 a kèy uS of the worf¢ we do. EaY diagnosis is &s8ential to achleve the most positive outC0rn8, making our awareness and Othreh programmes 8 prilty.
PROSTATE CYMRU TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 t)e$ta funds available to supw)rt th& edutIOn And d6vèkJpment of m8di(¥l wofession81s, th&re were no applications frotn individuals in 2023. However, a scfKJlaiship programme diiectly th Cardrff University Jpported three prostate Cancer research projects undertaken by medical students during their inlèrcalatad degree year. Intercalated degiees provk medlcal students th a unlque Oppnty to Investl9ate a parfkwlar of mgdk4ne In much degP9r datall thgn thelr medlcol degr99 0thgThY15e Bllows. We ho that this sLol8rship progr8nm8 Mll enthuse and empower th& nexl generdtion ol prostats cancer clinical researche. Our support of the We15h Urology Conference in January was rewarded with a record number of nurses In attendance, induding OLsr own Specialist Nurse, Gaynor Nevrton. The pathership wth the WeL%h Urology dapartm8nts and this evant enables us to promotg thg charity to all urology departrn8nts across Wa18s 8n opportunity to rnget others working within Iha sèctor. Flnan¢i41 revlew During the year the charitys incoming resources amounted to £586.IM3 12022-. £544,950) and soUl expended arutell to £463,084 12022.. £399,055) reSung in 8 surplus for the period 01 £122,959 12021.. £145.8951 of which a surplus of £147.45912022.. t131,8951 reLiled to unrestricted funds. The charity be(8me a charitoblo Ino)rporated organlsatlon ICIOI on 9 August 2016 and the nèt ass8ts fftjm the unincorporated charty were transferred to the new entty on 1 January 2017. The nèt 8SSets trHnsfwred totslled £490,057. This money has been accumulated during the period 29 March 2004 tr) 9 August 2016, being the period that the Unin)rpatsd thartiy Commenc its athllbs until Its Incorporation. As an inde[KIent charity wtth no central OT govemmenl funding, we are completely seK-financed, relying on our staff led fundraising events, friendship groups, voiuntsers and the generosity of public donations. You wlll see from prevJus elements of 1his report we have onjoyed another flnowally rewardlng year. Th& 9rowth ol incL)me has meant that the split betsveen internally organised events and èxt8mal fundraisers aTh donaion$ has revgrtgd to 4¢)160 respactivaly. All expenditure conlnue3 to be 8¢futinlsad to delermlne fts ¢urrenl relevanc8 Contribution to athiemng our key objectives, induding those allLKated in designated funds. Al effort is made to keep staffing levels to a minlmum, wllh a small administratlve and fundralslng team, made up of both part-tirne and full-time stsff. As prevKJusly mentioned, additDnal paJ resource is necessary to facililale the effictncy of the outreath pr(¥Jramme. We continue to operate as efficienly as possible and regularfy monitor overheads, applying savings wherever POS5ible without hamng a detrimental impact on our seM(w and oFeration. Following the review adjustrn trj the designated funds, an amount in the reg*)n of £140,(MX) ha8 been set asldg for th? wgarch and Inngv8Uon grants, educational bUa$S and Iralnlng. We wll )linUe dialogue with the medral profession81s working within the urology depBrtments throughout Wales, lo promote the availability of ihis support. The oNJolThJ cost of the 8wargn&s$ aTrJ outreach progr9mmg8 wlll bo occounlgd for und8r expendrbjre on th8ritsble adivrti85. In overall t8rm6, the ffinancial position is favourable.
PROSTATE CYMRU TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Rlsk managomont The biggest threat will aayS be the way In whith we raise fvnds. The lack of central funding or government grants. and subsequent reliance to self-finance are risks highlight8d And managad èach yaar as we continue to ly on the offorts and ooodwll of our rnany stskeholders. We are well aware of Ihg competition within the charty sector, il is therefore imperalive wg increas$ thg b¥¢1 of publ support by retsining our 8XlSting support base. enrolliro new d¢xors, devdoping business linkg or ating innovative thallenges and events lo attract fresh support. Wè are fortunate to have a variety ofAmbassadors and corporate partr$, who p8ssk)natety support the charty nd use Ihelr Influènce through their vast SOCAal media presence. Th& partnership with Cardrff Devils aThJ Glarnorgan Crickst has addèd a n8w dimension to the activity and widen our re3ch. Our plan is lo ojntinue the expansion of Friendship Groups and rpOrate supwxtsrs. Both these groups are kay to maintsining the level of incorne and to enUge SUPPtsrt via their WOrkfr)r or iMMlate conThunity. Discussions continue to establish a group in Monmouthshlre and Brgconshlrg. 8$ well as resurrecting convgrsatK)n$ wlth supporters in the Swansea area. All expenditure continues to b& scruontsed to detemilne Ils ujrrent relevance and contri1tion to achieving our key objectives, ind11 those alloc2tèd in dasignatad funds. The ffin8n¢lal obllgations have been taken into rDnsideralion within the reserves policy below. Looklng ahead to 2024 We have much lo look forwar<1 to In 2024. We ar8 committed lo ensuring the work will continug, 8S W8 strivè to make a difference to the health and well- being of the men in Wales. M9n ar8 notoriously poor at discussing health matters, which is evident in tha f8Ct that 1 in 5 of those diagnosed have left too le. and the cancer is at B far more advanced stsge. We are striving to changè this and must find more avenues to raise awareness and encourage thosa potenlially life.saving conversations. An earty diagnosis saves lives. Caught in its early stages, proststs cancer can be cured. For this r8ason, il is more important than ever that aw8ren8ss T8mains 8 key fc£us. It is one of the most effective parts of the charity's work and makes a real dnTerence to the live8 of men in Wales. The face-tsface prèx8nt8tK)ns and tslks continue to be an impacthjl elemènt of the awarene88 progrnmme, offering a favourable setting to encourage qugslons and genero1 discjjssion. Our trained team of volunteers share their personal extxriencg to der the powarful m&ssag8 to highlight the risk of prostate Canr. We plan to Increase our engagement with businesses and soaal organisalions auoss Walos. parfi¢ularty areas of high ii5k ftsr éxampk black and athnic communities. deprived areas arKI rural loc4tion5. The outreach vehicle will be on the road and busy throughout the year. The bespoke mobile unil will play 8 major rola in expanding the work we do in the communty and inlrodu¢e a stru¢tured programn of Bwareness activity. Wo hopo to en9age a team of professionals and offer a wider range of services induding uoI11, med[ support and anclllary advice. We are grateful to our Frigndship Groups and volunteers to Hlentify and 5UPF(wi potential locatio in their coMmuTht. as well as the regular Summar festivals. There 15 no screen1r programme for prostale canw. The only indicator is the level of prost8tè speuffic antigen {PSAI pr&s8nt, whl¢h Is 8 protein produced by both nomial and canceuS prostste celL8. wrmal for all men to have some PSA in th¢ir blood, how8var a high level of PSA can be a sign ol cancer.
PROSTATE CYMRU TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 acc8ssibilty of PSA t&sts dIff dram81ically across the County, dop8ndirvJ on th8 views of individual GPS and. in some casos, varying wtthin the same pra(cg. There is char guidance regarding PSA tests but it's the only test ¢urrenlty avaiL4ble. All men over the age of 50, Dr those wilh a family history, are enthtled to a free PSA tèst vi8 the NHS, however, this does not appear to be happening in practice. Wè h8ve had tt)nstd&rabla fèedback from rnen 8cr&s3 the country. unl&s8 they are showing symptoms, Ihay ara being rèfusèd 8 PSA tèst, rè98rdlÈss of agè, ethnicity and famty history. of ¢x)urse TS r)t the case at all GP practices but does seem to be a worrying theme of conversatK)n ac¥055 the UK. Our advice will ahvays be to seek advice from their GP, however, in light of the feedback we havfy sel 88iJa funding to support the intrcJuction, on a trial basis, of PSA testing days. in association with the Graham FulfoTd charItae Trust. Discussions have tak place vlth Swansea Cty Foolball Club who are keen to support this initiative, and we havfr also idenlffiod CoOrate partngrs who wish to ¢)ffei thg service lo their omployees. This is not sornethiTrJ that can be sustain, therefore it is importBnt to o)ntinue the work we do in raising aWarer and highlighting the dangers of late diagnosis. We will be launching a d8dical8d advertising campatgn. in partnership wrfh media specialists. Route Media. Thè campaign wll complem8nted by incTr888d communications wth businesses and soc4al organisations. togèthèr with a plannad soa81 madia 8rrfJagernent. SupportOrwJ tl)e education and development of medlcal prof88sionals18 8L%o an Intsgral part of the charitys plans. Funds have been sel aside to support medical strjdents, nurses. trainees and young consultants lo devdop 8knlls and encourage innovalion. Dialogue with the urology departments across Wales wll continu8, includlng Ihe promotirJn of Proslale Cymru's research and innovatM)n fund. The one-off grants ol up to £10,0110 can be used to fund small projects or act as a 'pump prfming, grant to stimulate largor projects. We 8re delighted to (x)ntinue our SLEPPOrt of the Welsh Urological Conference, via a heavlly subsidÈèd f8& for nurses wishing lo attend. This has proved hugety popular and successful, with record numbers of nurses in attendance and contributing ID the content of the conference. In retum, we hope to gain the suppY)rt of nurses as part ¢)f our QLrtr9ath prggramme. Tha currènt 188sg M tha office a(offlrn(xJalhon at 12 Drake Walk, Cardiff. expires in March 2024. A full assossmenl of the tharitys operational needs was undertaken, wth the outcorne that the $hould bg extended. Fure opportun(ties to purchase a propety. with potential rent incorne. will be consKlèrèd at yny time an appropriate oppcfjtunty arises. Swansea Bay Heamh authorty re-submitted their grant applution for a Surgi¢81 CarB Practthoner ISCPI to join I11r Urology le8m. The rolè wll be pivotsl in both supporting the r0t 8urgery process and promding comprehenswe care lo patients throughout their treatment journey, frorn prewassessment to disd)arga whil8 also carying out a vital rol8 during Surgery. Funding has been approved to cover a 2 year appoinbnenl IDtslling £120.000 on the basis that the Health Board have committed to the continuatKJn of thè p05t. We are partwkrfy d91hte to supwt Ihls Init. whlch ¢omplem&nts our previous investment in trainirrfJ surg8ons on the fir8t robot system, reaffirniing our comrnitment to improving prostale cancer car8 tsi Was. A further grant has also boen approved for Cardiff Universty, to directly fund a substanll81 re59Hrch and innovation project into prostate cancer, via a 3 year PHd sbjdentship, totalling £100,000. Thè suc£8ssful studenl will be in place for the start of the 2024 acadernic year. This is an exciting optM)rtunity for the charity to be invofvad in high level scientifi¢ rgse8rch and foster our continued stroThJ link with Cardiff Univorslty. 11 will b8 known as thg Eddie Butler PHd SILKlentship, in memory of our much lovgJ friend and Ambassador. who sl1Y pa&8ed away in Septsmber 2022.
PROSTATE CYMRU TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2023 Plans for future period8 All aclivthes over the next five years are aligned to achieving the charty's key objectives., raisin9 awareness. edUtIOn of mgdical students and professionals, and supporting th8 NHS by facilitating th9 Introdurtn of new inrliatives and proc8durgs. Thg ordar in which th8s• are prioritised will be conStsnY rewewed. Our oMtIon to have Tepresent8bon in oach hgamh reglon in Wales remains the focus for the coming y8ars. Progress continuès with groups established in Ceredigion, pèmbrokeshi, Cardiff & Vale, Carmarthenshire and the Nealh, B0gend and PortTalbot area. Posrbve aThY encouraging eonversatk)ns have tsken place yth groups in Monmoulhshire and Breconshire, as well as r8surrecling nverSal10n$ wth SUPF4)rtors in the Swansea and New&NJrt areas. This VAII allow us to capitalise on their local knowledge. experience and influence to increase awaranevd of prostats dlsgase and prornote the charity's pSenCe via their community networks. We ntinue to irnprov8 communication channds wilh frequent improvements to the webslle and increased actNity via social media, induding the prluCtIOn of new advertising campaigns and promotional vidaos to supwl key awareness messag88. The ¢harty is parbcularfy pro of its work with mèdical profassionaL8 to support new initiatwe5 in terms of treatmont tsf both prostate cancer and benign prostate disease. Funds hav8 bèen set Bside specifully for this purpose and all He8llh Board$ ara invited to submit applications for supKK)rt. The sUcS of our fijndraising 1$ fundamental in shaping our future and achiewng these objertNes, therefvrg wg wbll constantly explore new NYay510 in¢rgas& r8v&nue streams. drawing on all available resource. We havo dfymonstrated a strong leadership and wll contsnu8lly adapt to challenges as they arise. Structure. g¢)v?man and manag•ment Govomlng documont The charity's goveming document 1$ that of a CIO foundation that was regisl&re(l on 9th August 2016. charity is charitable incorporated organi58tion rggistèrèd wth the Charity Commission. Ro¢rUitml and appolntm8nt of tnbsts0S Apart from the first charity trustees, every trustee must be appolntsd for 8 tem of three years by a resolution paswj at a properfy convened m8èts.ng of the charity trustees. In selecting individuals for app)intment as chaity trustees, the charity trustees must hyvg r8gard to th8 skills, knowledge and expernce nee(1 for thè èffeth.ve 8dministralion of the CIO. Thg Trustees 8k to ènsure that Ihe need5 of the Cherity arg appropriately reflected through the diversity of its Organisational structure The Charity is administered by the Board of Tmsteos, which meets on a quarterfy basis. Th? ¢Jay lo day owrations of tha Charity are delegaled lo the Chief Exacutiva and administratNJn team. Trustoo IndU10n and tralnlng New trustees will re<yve an induction pack. a handbook with a copy of the gov#ming do¢ument and all t pc4icies and procedures a(k)pled by thg board. Th¢ Trustaes are also encouraged to attend suitable lrninlno seminars conducted by ihe Charitys accountants and legal advLsors from time to time. 10-
PROSTATE CYMRU TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Pay poll¢y for koy manag•m•nt Powsonn•l The trLJStees and the senior managemenl team comprise the key rnanagement personnel of the charity in charge of directing an¢J cOntrling. ftjnntng and operatlng thg chority on a dBy to day basls. All trustees givo of Iheif time fres and trustee rewved rgmLtn8ration in the year. Details of trustees, expenses. key manAgemenl parsonnol Bnd reL7ted party Iransactions are disclosgd in the notOS to 1hg accounts. The salary for tho key management personnd is determined by benchmarking the rates against Ihè Current market. Relatod partiOS The Pembrokeshire and C8marthenshir8 Friands ara whony affili8t8d to Prostate CYMN in SUPFQrt of 8th11n9 its objects. 11
PROSTATE CYMRU TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Reference and admlnlstratlv• d•tsll$ Charlty name Prostats Cymru Charity r•gistration numbèr 1168682 Prfncll offl¢e 12 Drake Walk Waterfront 2000 Cardiff CF10 4AN Trustses Dr Jam&s Andraw Thomas Mrs Marion Lyn Murray Mr David Brace OBE Mr John Daniels Mr Phil James MBE Mr James Trafford Dr lan Barwk Chief Executive Officer na Tew Bankers HSBC 61 High Streèt C¢Mbridge Vale ol Glamorgan CF717YJ Independent examiner Joanne Taylor FCCA OChA Azets Audit Services Chartered Accountants & StatuloryAudilors Ty Derw, Lime Tree Court Cardiff Gate Business Park C8rdlff CF23 8AB L•gal advisors Geklards LLP 4 C8Prtal Quarter TyndBII Street Cardiff CF10 4BZ
PROSTATE CYMRU TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 The tru$tw' rawrt was approved by thg Board of Trustees. Phll Jame 13-
PROSTATE CYMRU STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2023 Th& trustaas ar& rnsponsiblè for praparing the Trustees. Report arKI the financial statements in accordance WTth 8pplirable 18W 8nd United Kingdom Accountlro Stsndards (United Kingdom Generalty Accepted Ac¢ounb"ng Practic81. The law applica8 to charities in EngL4nd and Wales r8quir85 thg ttjstees to preparg financial stslements for each financial y&ar which give a true a1 falr view of the stsle of affair5 of the charity and ol the incoming resources and applicotion of rèsourcès of thè Charity forthat y&8r. In preparirvJ these ffinancial statements. the truslees are reqUId lo.. - select suitable accountiro w11S and Ihan apply thgm Ix)nsiently'. - obsgrve th$ [th0$ and prinlaples in the Charities SORP,. - make judgefflents and estimatgs that are reasonable and prudent., state whether appliCae accountiro stBndards have been followed. sUblt to any materfal rJep8rtures disclosed and gxplalngll in the financial statemonts,- and - prepa th8 ffinanaal statements on lh8 going corThrn basis unles8 il is inBpproprtate to presuTh th8t tho charlty will ntinUe in operalw)n. Tho tnjstees aro responsible for kgeping sufficlfrnt accountlng r8cor(Is that disclose wlh reasonable accuracy at Bny "ms tha financial position of thè charity and èn8bl6 them to 8n$ur8 th8t the financial statements o)mply 1h tl Ch8riti8s Act 2011, the Charty (Accounts and RepK)rtsl Regulation5 2008 and the provisions of the trust ded. They a also responsible for safwJuarding the assets of the charity and hence for takin9 ieasonablg steps for the prevent)n and det8Ction of freud and other irregularities. The trustees are responsible forthè rnaintènancè and intsgiity of the ¢h8rity and financial infomiation included on tha charity's wabsitè. Legisl8b"on in Ihè Unitèd Kinydorn govgrning thg preparation and dissemination of )InancJal stat8rnents rnay drffgrfrurn legi5Lqtion in other jurisdicts'ons. 14-
PROSTATE CYMRU INDEPENDENT EXAMINER'S REPORT TOTHE TRUSTEES OF PROSTATE CYMRU I rewrt to the trustees on my examlnatlon of the finarti81 stslements ol Prostats Cymru (the charftyl for the y88r ended 31 Oecernber 2023. Responslblllll•s and basls of report As the trustees of the charity you are respon5ikAe ftlr the preparation of thg fin8nclal ststements in accordance with th8 requirements ofthe Charlti&sAct 2011 Ilhe 2011 Act). I roport In r0Ct of my examination of the chority'$ finorYAal statern8nts carried out under se¢Jlon 145 of ihe 2011 Act. In carrying out my examination I have followed all the applicable Directions gNen by the Charity Commission under seclion 14515llb} ol thg 2011 ACL Indopondont •xamln•rfs stat•m•nt Slnc the charlty's gross Incoma 8xc6&d8d £250,IKJO your exaTr7iner must be 8 member of a listed in section 145 of the 2011 Act. I confirm Ihal l am qualified to uThJertake the oxgtninatK)n because l 8rn a member of The AssatIOn of Chartered Certified Accountsnts, whK is one oflhe listttd bodies. Your attention is drawn lo the lact that the tharty has prepared financial stat8ments in accord8rli with Accounling and Reportbng by Charitiès preparing their accounts in accordan¢e with the Finanaal Repcrting Slandard applicable in the UK and RepubliG of Ireland IFRS 102} in prgference to ihe Ac(x)untsng and Repcrting by Charities.. Statement of Recommended Practice issued on 1 Apn"12005 which Is rèforrgd kn In t extant regulattons but has now witlKlrawn. l und&rstsnd Ih81 this has been (Sone in ord8T for financi81 8tstemonts to provKI* 8 true and fair view in actrA)rdancè with G8n2rdlly Accepted Accounting Pradi¢e offpctive for reporting pe?$ beginning on or after 1 Janu8ry 2015. I have complet6d my &xamin8tion. I confirrn that no matters have come lo my attenlion in cneCtic with the examinalion 9iving rn8 cause to belleve that in any material respect.. accounting records were not kept in respect ol the charity as required by s9ctn 130 of the 2011 Ad: or the financial 8tatsments do not ac4xJrd wth those records; or the fin8fiu81 st8tsments do not comply with the BppIic8ble requirements concaming Ihe form and wntent of accounts set out in Charitiès (Accounts and Reports) Regulthns 2008 olher than any requirement that the accounts gtva a twe an¢J fair vW whth is nol a maltgr consldered as part of an independent examination. I havè no concem8 and have come across no other rnatters in Connects' with the examlnation lo which attention should be drawn in this r8POrt in ordèr to enable a proper understanding of Ihe finanaal statements to be reached. Joanno Taylor FCCA DChA Azets Audit Ser¥lces Ty Derw, Lime Tree Court C8rdiff Gale Business Park Cardiff CF23 BAB Unlted K6ngdom 15-
PROSTATE CYMRU STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 Unrostrlctod R•$trktgd funds fvnds 2023 2023 Total Unr•gtrict•d Restricted funds funds 2022 2022 Total 2023 2022 Notes Donations and legacles Other trading ath"vit69s InvtmentS 275.061 81,742 356,803 247,486 20.(K)O 267,486 221,998 7,242 221.998 7,242 276.770 694 276.770 Totsl In¢ome 504,301 81.742 586,043 524,950 20,000 544,950 Ralsing funds 142.225 142.225 1 $3.458 153,458 Charitabb 8ctiirits•s 320,859 320,859 245,597 245.597 Total •xpndltur• 463,084 463.084 399,055 399.055 N•t Ineomlng resour¢e$ bofor• transfèrs 41,217 81,742 122,959 125,895 20,000 145.895 Gross tran5f8 tre8en funds 1C6.242 I1(.242) 6,000 16,0001 Net Incom?Ilexp•ndliur•} for the yearl N•t movement in fufids 147,459 124,5001 122,959 131,895 14,IxJO 145,895 Fund balancgs at 1 January 2023 663.031 26,040 889,071 731,136 12,040 743,176 Fund balAnces at 31 Docgmbèr 2023 1,010.490 1,540 1,012.030 863,031 26.040 889.071 The statement of finan18¢11V1tiOS indud85 all gain3 8nd losses recognised in the year. All income and expenditurg delive frorn continuing actr[S. 16-
PROSTATE CYMRU BALANCE SHEET ASAT31 DECEMBER 2023 2023 2022 Note5 Fixed ¥95ets Intsngible assets T3ngibl8 assgts 12 13 2.500 112,995 8,5(X) 4,924 115.495 13,424 Curr•nt a8sats Debtors CBsh at bank arKI in hand 14 4S,467 866.965 32.051 863,995 912,432 896.046 Cr•ditor8: amounts falling within one year 15 15,8971 120.3991 Net current assets 875,647 Total assets less current liabilities 1.012.030 889.071 In¢ome fund5 ReStrted funds Unre Designated fvnds General unrestricted funds 17 26,040 18 256,243 754,247 255,192 607,839 1,010,4 863.031 1,012,030 889.071 Th xjunts were approved by the Truste8s on ......................... James Andrew Thomas Chairman es MBE Tru8• 17-
PROSTATE CYMRU STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 Notes Cash Ilows from operating a¢tivrties Cash general1 frorn tsper8thons 120,751 138.617 Invgsting acti¥iti•s Purchase of tangiblg fixed assets Invgstment income feceived {125,0231 7.242 I3,2) 694 Net caBh used In Investlng 8¢tivib8s 1117,7811 13.268) N•t ca8h used In financlnq actlvltle Net increase in cash and cash equlval•nts 2.970 135,349 Cash and cash 8quivalants at baginning of year 863.995 728,646 Cash and cash gqulval•nts at end of year 866,965 863,995 18-
PROSTATE CYMRU NOTES TO THE FINANCIAL sTATEMErs FOR THE YEAR ENDED 31 DECEMBER 2023 Accounllno pollcl•s Charity Inft>rrnation Prostste Cymw 1$ a ¢h8ri18bk incfJrpor8¢ed organtsab"on. Thg prfn¢ipal offi¢8 is 12 Drake Walk, Waterfront 2000, Cardiff, CF10 4AN. 1.1 Accountlng conventlon The finanryal statsments have been prepared in accordance with the charitys governing dwumgnt. Ihfr Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Prathc8 applicabla to charities preparing thaw accounts in accordancg with tha Financial Reporting Stsnd8rd applICab In the UK and Rapubllc of Irèland IFRS 102I1off8ctiva l January 20191.. Tho charity is a P1C Benefit Entity 0$ defined by FRS 102. The ¢harlty 0$ tskgn advantsgo of tho provisions In tho SORP for small¥r ¢haritiès not to prepare Statemgnt of Cash Flows. The financial statements are prepared in sterfing. which is the functional currerw of the tarty. Monetary amounts In thasa ffinanclal statem&nts ar& roundad to tha naaragt £. The finar1 sternent8 have been prepared under the historicpl u)st wnvenlion. The princApal accounts'ng policies adopted are set out below. 1.2 Golng concern At the time of èpproviro the )Snand81 statsments. the trustees havè a reasorkabb expectation that thè ch8rlty has adgquate resources to continue in operational existence for the foreseeablg fubJro. Thus the trustees continue to adopt the going concem basis of acrxjunting in preparing the financial ststements. 1.3 Charitable funds Unreslrided funds are available for use * the discreticffi of Ihe hjstees in fvrtherance of their charltsbl ¢)bjeth'ves. Desunated fuThJs cornpri8e funds whith have been set aside al the disuetion of the trust885 for srIfiC purposes. The purposes and LL5es of the designated funds are set out in the notes to the financial ststements. Restricted funds are subject to specific coTrJthons by donors as to how tw may b• usad. The purFK)ses 8nd us&s oftha restri funds arg sat OLrt in the not&s to the finawal slatements. 1.4 Incomlng r•soureo$ Income is recognised when the charity is legally entitl&Y to it after any performance conditions hava ba mat, the amounts can be measured reliably. Bnd it is probable thBt income will be received. Cash donations are recognised on receipt. Other donations are reccgnised once tho ¢harity has been nobfied of the donBtion, unless perf0rnan conditions require deferral of the amount. Incowne tsx recoverable in relati(x to donatK)ns received under GrfIAid or deeds of rxjvenant is re(x)gni5ed al the lime of the donation. Ck)nated servw and lacililias are included in th& SOFA vthen receNed al the Yalue of the gfft to the charity provided the value of the can be measured reliably. Dor)alwJ services and facilitEs that ara consumgd immediately are recognised as income with an equivalent amount recognised as an expense under Ihe gppropriate headlng in the SOFA. 19-
PROSTATE CYMRU NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 A¢¢ountlng polici•s {Contlnued} Event and fundraising income 1$ credlted to the Ststerrent of Finanti81 Activiti8$ in thè rI00 to which tha event is due lo t3ke place. Grants are only inclLpJed in Ihe SoFAwh8n Iha ganarBI incomè recognition crlteria are rnet. In the casè of perfOnMon lated grants, incune must only be r8cognlsed to the extent that the th8rlty has provided thè sp8cifiad goods or services, as enlillemenl lo the graftt only oc¢urs wh6n the pèrformance related condthons are rngt. Grants receNable are treated in drfterent ways endernt urth thwr purpasa$ and the teTms of the grant. Grants receivable for specific purposes are also trealgd as restn"¢ted so that any unused fvnds can be separately Identified. Th8 value of any voluntsry help recewed is not in¢lude(J In Ihe 8¢o)unts bLrt is described in the trustees. annual rewjrt. 1.5 R•sour¢oS Oxpgndgd ExpendibJre is recognised once Ihere is a legal or cJ)n$tru¢tiVg obligatlon to tfansfer economic benefit to third party. it is probabl• thal a transfer of e(x)nomr ben8fts will be required in sethement. and the arTh)unt ol th& obllgth.on con be measured reliabty. Expenditure is ¢lassrfLéd by actiwty. The costs of each a¢lwty are made up of th9 lotsl of dlwt costs shared costs, induding sUPPOrt costs involvèd In undertakn.ng each actiwty. Oirecl costs aitributaNg to 8 single actiwty are allocaled diredly to that activity. Sharad costs which contribute to rnore than one 8Ctivty and support costs which are not 8ttributabl8 to 8 slngle atvty a apportKJned betsyegn those actNities on a basis consistent with the use ol resoufces. Central staff costs are dlocated on the basis ol time spent, and d8pr8ckitlc charges are allocated on the portK)n of th¢ asset'$ use. Expenditure Is recognised once there is a legal or construdive oblKJab"on to make a payrnent to a third party, it is probabl8 that satuement will be required and the amount of the oNigatK)n can be measured relbty. Costs of raising funds cornprise thg ¢osts In relation to generating inojme suth 88 fundraising Acbvthas. Expenditure on charitable activie8 kncludgs 811 ¢osts rglating to the turtherance of the chariys objects'ves as statgd in the trustees report and Ihgir associatèd support costs. Support costs h8ve be ollocated befften governance costs and other Suprt. Supw)rt costs Includ9d central functions and h8va bèèn allocated to activity cost calegori83 on ¥ basis ¢yMsistent with the use of resources. fy)v8mance costs cornpiise Bll costs involving publ ac(xJunlability of th8 charity and its compliance with regu18tion and good practice. Irrecoverab VAT 15 d)8r98d as a cost against the for vthith the extXndtTr was inrred. 1.6 Intangible fixed a$sets other thAn goothwlll Intangible a58ets 8(4uirgd sèparately from a business are recognised al 81 ant1 are sub$Équ8ntty measured at cost lass accumulated amortSsalSon and accumulated irnpaimient losses. Amorti3ation rewgnis8d so as to write off the cost or valualion of assets less their re$ldual v8lu8s over thr useful lives on the following bases.. soare straight line -20-
PROSTATE CYMRU NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accountlng pollcles {Contlnu•d) 1.7 T8nglbl• flxed assgts Tangible fixed assets are inibBlly mwasured al (¥)81 and 8ubsequ8ntty measured at c•)st or vall10n, net of dopreciathon and any impairment loss88. Oeprecialion k8 recoJni5ed so as to write off the cost or valuath)n of a&88ts less their residual values over thdr useful Iwes on the folbwing bases.. Fixbjres and ffttings Computers Motorhle$ 20% str8ighl Ilno 33% str8yht line 20% dUcIn9 balance 1.8 Impalmwnt of flxed ass•ts At gach reporbng end date, the charity Teviews the caTrying afflounts of its tangible and intangible assgts to determine whether there is any indication that those assets have suffered an impaimient loss. If any such indican axists. tha r8cov8rable amount of the asset is esbmato(t in order to detamiinè the extant of impairment kjss Irf any). 1.9 Cash and Cash oqulvalonts Cash and cash equivalents Include cash In h8nd, deposits held at call wNh banks, other short-term Ilqukl investments with ortginal maiuriti&s of ihree months or less, and bank overdrafts. Bank overdraft$ or* shown within borrowngs in ojrrenl liabiltties. 1.10 Finan¢ial instruments Thg charity has elected to apply the provisons of Sethn 11 'Basic Finanaal Instruments. and Sedc4) 12 'Oknar Finanoal Instruments lssue$' of FRS 102 to Bll of its financi81 instruments. Financial instruments are re¢ognis&l In the charlty's balance sheet when the chanty bec(eS party to the CDntraciual pYovi8ions of the instrument. Financial assets and liablfil are offset. with the net amounts presented in the financial statements, whèn thare is a legalty enforceable right to set off the recognised amounts and there ts an Intentlon to satua on 8 net basls or to realis8 tho asset and settle the liabilty SimultaneouY. 8ask flnanclala$sots Basic financial 8ss8ts, lch Indude d8btors and cash and b8nk balancas, are initially measured transaction price induding transadK)n Costs anrl are subsequenyy Carr at amortised cost using the effective Imerest meihc<f unless the 8rrangemenl constitutes a finanfyng transa¢Uon, where the transadion is measured at the present value of the fLrture receipts diswunled at a market ra ol interest. Financial assgts ckssified as receivable within one year are not amortised. Dernwnition of financial a$$ets Fin8nci818ssets are derecogni88d only whgn the wrthdual rights to Ihe G95h llows from Ihe asset expire or are setlled, or when the charity transfers the financial asset and substantially all the risks and rewards of ownership to another entity. or il some signfficant risks and rewards of ownership are rntainsd but (x)ntrol of the asset has transferred to another paty that is able to sell the asset in its entirety to an unrelated third party. 21
PROSTATE CYMRU NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Ac¢ountlng poli¢i•$ Icontlnuod) Baslc flnanclal Ilabilities Basic financial liabilities. Including creditors and bank loans are initially recognised at Iransa¢b"on price unl&ss the arrangement constttutes a financing transaction, whare the debt instrument is measured al the present valu& of the future payments discounted at a market ratg 01 int4resL Finanaal liabilit classifd as payab wmhln one year are not amortised. Trade rAedTtors are oblig8tions to pay for goods or services that have been aUlled In thè ordlnary course of operations from suppli8rs. Amounts payatr)le are dassified as current liabilities if paytnènt i% duè within one year or less. If not, they are pre$ented as non-cufrent liabiles. Trade creditors are renised nf¢kqlly at tranSactic Pre and subsequently measured at Bmortised wst using the effectNe inlerost methtsj. Dwvoognltson (Jf finafteial Il•blllll•s Financial liabllrtlgs are deTecognised when the charity's rontractual obligations 8xpir8 OT are distharg•J or ncellgd. 1.11 Employee b•nefits The cost of any unuse<l tlIdaY enfjtlomgnt is rerAgnised in the period in whth th8 èmployaa s s8Mcas ar• receNed. Tenninion bgnofits are recognised immedkqtety as an 8xnSt Wh th8 charity is demonslTrbty comrnitted to teminate the employment of an employeè or lo provlde Iwmination benefits. 1.12 Retirement benefits Payments lo defined contribution retirewEnt benefit schgmgs arè charg8d as an axpense as they fall due. Crllical accountlng •8timat•8 and ludggmonts In the application of Ihe charitys acc4Junlng pOIleS. the trust8es are required to makg judgements, estimates antj assumptions about thg carryiThJ amount ol assets and liabilities 1hat are not r8adlly apparent from other sources. The estimatès and assouated assumptions are based on historical experence and other factcs that are c4Jndered to be relevant. Actual results may diffef from Ih8se bstimates. The estimates and underlying 8ssurnptii)ns arè rewewed on an ongoing basis. Revisions to accounting estimates a rgcognis6d in the p8riod in which the 88tirnate is revt59d wh8re the revKsion affects cnly that period, or in Ihe rIOd of the revison and future period8 Wha the reMs6on affects both current and fulu periods. Donatlons and legacies Resl8te Total Unrèstriet•d R•strlcted funds funds Total Unrestn'cted Re8trf¢te(J lunds funds 2023 2023 2023 2022 2022 2022 Donations and gifts Donat•d 9dS and servi¢es 275.061 81,742 356,803 243,886 20.000 263,886 3.600 3,600 275,061 81,742 356,803 247,486 20.000 267,486 Gifts in kind in the prior year rdate to a lease of a van. -22-
PROSTATE CYMRU NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2023 Oth¢r tradlng actMtI•s Unrnstrlct8d Unrestricted funds funds 2W23 2022 Eva)ts 221,998 276,770 InvgStment* Unrestrlcted Unrestricted fund8 funds 2023 2022 Interest rechwabl 7,242 R•l$lng fund8 UnY•strf¢t•d Unrostsi¢¢e<l funds fvnds 2023 2022 PrOfess)nal and consultsncy fees Event and fundraising costs Staff costs 13.459 80.230 48.536 13.120 108.578 31.760 142.225 153.458 23-
PROSTATE CYMRU NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Charltsble •¢tlvltles 2023 20T2 Staff costs Deprecialion and inpaimènt Research, innovallon anfl tr81nlng Web8tte rSts Rènt and rates Professional, con5uttarKy and invoiced fees Insurance Trdvel and sub8iStenc8 Printin9, posl8gg and ststionory Markating campaigns ond prc¥nollono1 aGOvlOes Awareness support ,276 22,952 9.201 11,583 33,838 22,432 7,820 6,926 568 59,587 29.169 61,900 7,466 6,000 10.658 21,646 21,867 1.885 1.811 578 47,406 19.025 264.352 200.242 Share ol support costs (seg note 8) Share ol governance costs Isee 1& 81 53.339 3.168 42.805 2,550 320,859 245.597 For th• y•ar •nd•d 31 D•c•mb8r 2022 Unrestriobl funds 245.597 Support costs Support Governance costs 2023 2022 B•¥i• of allOtIon staff costs Rent and rates Professional and (x)nsuManry f8 Insurance Printing, postsge and StatiOry Equipment Sundry expen8e8 7,795 3,760 37,558 869 63 313 2.981 7.795 3.760 37,558 869 63 313 2.981 1,588 Direct 2,405 Direct 32,743 Direct 209 Direct 64 Dirg 2,340 Dlrect 3,456 Direct Independ8nt examln8lk)n fges 3,168 3,168 2,550 GoveTnanc8 53.339 3,168 56,507 45,355 Analysed betsyeen Charitable activibes 53,339 3.168 56.507 45,355 -24-
PROSTATE CYMRU NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Tntee5 ofthg trust99s l¢y any p9rson$ nnected wrfh 1hgm} r9Cgived any remun0ratn during the year. The c*aritls Pr85id8nl is a director of DunTaven Windows. The company provided a lea8e<l van free of charge to the charity the prior year. The lease value was reco9nised in the ffinancial slaternents in the prior year. 2 trust88s werè reimbursed for exn$88 totslled £704 12022.. no tnjstees wue 1mbud expensesl. 25-
PROSTATE CYMRU NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 10 Employ• Tho averag8 monthly number of employegs during the year was.. 2023 Numbor 2012 Numbor Employm•nt ¢osts 2023 2022 Wagès 8nd salBries Social socurity ¢osts Olher penslon o)sts 112,027 3.106 1.474 90,597 2.846 1,805 116,607 95,248 Employe9$ ¢arnlng > £60k No employee eamgd morg than £60.000 during the current or prior p8rKJd. Key managemont pèrsonnel The gross benefits rerived by kèy managèmènt personnel totalled £44,86412022.. £43,735). 11 Taxation Thg charity is exempl Irorn tax on income and 98lns f811ing wthi section 505 of Ihe Taxes Ad 1988 or section 252 Of1 Taxatlonof Chargeabb Gains Act 1992 to th8 8xtant that thes& ara applied to its tharitable objects. 12 Intangible fixed •s•et* Al 1 January 2023 and 31 Dernber2O23 Arnortlsatlon and Impalrm¢nt At 1 January 2023 AmorUsaOon chBrged for the year 21.51]0 6,000 Al 31 December 2023 27.500 Carylng amount At 31 0Mbr 2023 2.500 At 310ecemb8r 2022 8,500 -26-
PROSTATE CYMRU NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 13 Tanglbh fixed a•s•ts Flxturo8 and CompLrtèra Mtstorvehldos Ilttln Total Cost At 1 January 2023 Addthons 4.140 120 11,156 2,813 15,2 125.023 122,090 At 31 Decgmber 2023 4,260 13.969 122,090 140.319 Depreclatlon and Impalrniont At 1 January 2023 Dapr8a8tion chargèd in the year 2,730 7.642 1.862 10.372 16.952 14.244 At 31 December 2023 3.576 14.244 27,324 CArrying amount At 31 Decembar 2023 4,465 107,846 112,995 At 31 Dember 2022 1.410 3.514 4,924 14 Debtors 2023 2022 Amounts fallln9 du• wlthin one yur- Trade debtor5 Other debtors Prepayments and 8c£ru8d incs)me 395 25,588 6,068 11.927 45,467 32,051 15 Cr•ditors: amounts falling due wh1n one y 2023 2022 Oth8r taxation and $w81 security Trade cr6ditors Other (xeditors AecnJals and deferred income 2,193 5,363 10,295 2.548 6.052 4.775 3.168 15,897 20.399
PROSTATE CYMRU NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED) FOR THE YEAR ENDED 31 DECEMBER 2023 16 R•tir•m•nt bofft schemes D•flned contribution $¢h•mos The charity oper8tgs a defined contribution pension schem8 for all qUali.g employees. Th& assets of the scheme are held separately frun those of the charity in an independgnly admlnistered fijnd. The tharge to profit or loss in rèspect of defined ¢))ntrItIOn schemes was £1,47412022- £1.8051. Amounts outstaEkYirvJ at th8 yèar and tolalled £27512022.. £2751. 17 R•stricted fund* The income funds of the charity indude restri¢te(I funds comwising thg following unexpended balancw of donations and grants hekl on trust for specific purposes.. ov•m•nt in lundg Movement in funds Im¢omlnq Transf•T¥ Balance at Incomlng Transfer¥ ource• 1 January 2023 rwowce• B•lan£8 at 1 Jarary 2022 31 DKamber 2Q23 Welsh sludent bursaries Ma8ons 12,040 16,C(Q 14,5001 1101,7421 20,000 20,(KX) 81,742 12,040 16,OlY)I 26,¢)40 81.742 1106,2421 W•lJh stuthnt burnari Donations received from Carten to hdp fund rnedal sludgnts Spla11S1ng in urology fund their eleclive studles. An elective is a plaGem8nt in which the stlent chcM)sgs th8 content and setting of their thdies. The tsBnsfèT is relating lo bursariès pald during the year. Mason• DOnatn received for a new vehicle which was PUfch888d In thè CLtrrent year. The conditions of tho donalions have been satisfied and the amount has been transferr9d to dèsKJnatad funds to be held as 8 fix1 a&%èt. -28-
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PROSTATE CYMRU NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 20 Rèlated party transactions There were no disdosable related party transactions during the year12022- none). 21 Opgratlng loaso cgmmltm•nts At the reporting end date the charty had outstandlng mmItMents for future mlnimum1è88e payments under Th)nwCanCellae operating leases, which fall duo as follows- 2023 2022 Wrthin one year Belween Iwo and five years In over fve years 16.092 80,460 4,023 16.092 100,575 16.092 31