# **JOHN KING BRAIN TUMOUR FOUNDATION** Charity number 1172606 # **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2024** **JOHN KING BRAIN TUMOUR FOUNDATION** ## **CONTENTS FOR THE YEAR ENDED 31 MARCH 2024** **----- Start of picture text -----**
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Trustee Annual Report 1 - 3
Independent Examiners Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the financial statements 7 - 8
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## **JOHN KING BRAIN TUMOUR FOUNDATION** ## **TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024** ## **Charity number** 1172606 ## **Registered Office** 6 Mill Farm Business Park Millfield Road Hanworth Middlesex TW4 5PY ## **Trustees** Laura King Andrew Sharland Ronan Dunne Anne Donoghue Bruce Langlands Bill Knott Tim Jones Gill Eastwood Holly King Christine Sullivan ## **Independent Examiners** Community360 Winsley’s House High Street Essex CO1 1UG The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015). ## **Objectives and activities** We are a registered charity supporting the Atkinson Morley Wing of St George’s Hospital. We fundraise for neurosurgical equipment, the McKissock Ward Roof Garden which the foundation maintains and also the Neuro ICU Roof Garden which is planned to be open in 2025. 1 ## **JOHN KING BRAIN TUMOUR FOUNDATION** ## **TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024** Our charity works with a simple vision: to improve outcomes for adult and paediatric patients with brain diseases and disorders. Our mission is to make a tangible difference by fundraising the encourage advanced treatments and create healing hospital gardens which offer the opportunity to have a restful space for critical care patients, carers and loved ones who are all recovering from the impact of extremely difficult and traumatic circumstances. ## **Significant activities and achievements** The Trustees confirm they have given due consideration to Charity Commission’s guidance on the Public Benefit requirement under section 4 of the Charities Act 2011. Our main activities and achievements in the reporting period to further our purposes for public benefit include, but are not limited to: The John King Brain Tumour Foundation has over the last 6 years, tirelessly fundraised to provide vital neurosurgical equipment for both adult and paediatric neurosurgery at St. George's, which have led to significant improvements in surgical outcomes. We're very proud that our fundraising efforts to date have meant that we were able to purchase: · Two state-of-the-art Zeiss surgical microscopes for the neurosurgical department. Both microscopes combine digital and optical visualisation modalities, a unique micro-inspection tool and surgeon-controlled robotics. They enable surgeons to see further into the brain and thus be able to remove more of the tumour during surgery. Not only does this increase patients’ life spans but also helps Tim Jones, the Consultant Neurosurgeon at St. Georges, to provide training to his team. The microscopes each have a “teaching arm” which allows medical students to watch the surgery and learn during live operations. Each microscope is being used approximately 1,200 times a year in theatre and not only helps adults and children with brain tumours but also is used for other paediatric and adult neurosurgery including spinal cord surgery, repairing ruptured blood vessels in the brain, brain tumour removal and repair of spina bifida in children, trauma and many other conditions. · A two pin skull clamp and actuated headrest, designed to support children’s heads during neurosurgery. By protecting at-risk areas (such as around the eyes and the very thin skin of neonates and young infants) surgery is much safer and also enables the paediatric neurosurgeons to take on longer and more challenging procedures . The headrest is now being used in over 130 neurosurgery procedures per year on children ranging from new born up to 18 years. In addition, we have donated £30,000 to The Royal Marsden Cancer Charity to fund a research assistant for one year. The charity also maintains the beautiful roof garden adjacent to the McKissock Ward, which is very busy, patients are often seriously ill so the garden is a haven where they and their family can step out to breathe in the fresh air and spend time in a calming, green environment, which helps them on the road to recovery. We are a small charity with big ambitions. We engage one freelance member of staff who has been active with the charity since its inception. She is engaged to work 8 hours per week and manages the day to day running of the charity including administration, event management, financial overview, marketing and donor liaison. 2 ## **TRUSTEES ANNUAL REPORT** ## **TRUSTEES ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2024** ## **Plans for the future** Our planned future projects include the: · Creation of a ‘forest in the sky’ roof garden adjacent to the Neuro ICU unit. This garden will offer the opportunity to have a restful space for critical care patients, carers and loved ones who are all recovering from the impact of extremely difficult and traumatic circumstances. It promises to have benefits to rehabilitation as patients become re-acquainted with the outside world and use their senses to stimulate the healing process. · Purchase a Stealth Autoguide Robotics Guidance Platform for St George’s Hospital Neurology Department, which can’t be funded by the NHS. This state-of-the-art equipment will enable surgeons to perform precision, minimally invasive, cranial surgery including biopsies, electrode placements, laser ablations and tumour removal. The robotic guide will improve both patient and surgeon safety and surgical success, resulting in better patient outcomes, including longer life expectancy, reduced recovery times, improved post-surgical quality of life etc. Once purchased, the robotic guide is expected to benefit over 1,000 cranial surgery patients each year at St George’s Hospital. · Purchase of a Sonoca 300 Soring console and Endoscopic Handpiece for Paediatric neurosurgery which will be used for both emergency and elective paediatric neurosurgical procedures e.g. treating brain tumours, hydrocephalus, spina bifida etc. ## **Governance and Risk Management** The Trustees have adopted and maintain policies for safeguarding, financial control, risk management, data protection, equality, diversity and inclusion, whistleblowing, managing conflicts of interest and a wide range of HR policies. We will continue to develop further policies and procedures as the work of the charity. ## **Reserves Policy** The charity aims to maintain a general reserve of unrestricted funds sufficient to meet its financial, legal and moral obligations to its service users, employees and volunteers and to all relevant authorities. The Trustees have assessed that to mitigate the risk of income fluctuations, and unexpected expenditure, the charity needs to maintain in general reserves an amount that would cover 6-12 months of the charity’s general running costs. This amounts to £30,000 for the financial year ending 31 March 2024. During the reporting year the Trustees have been building up funds to enable them to contribute to the costs of a second garden at St George’s Hospital. £197,833 of the charity’s funds at 31 March 2024 will be allocated for this purpose in 2025. In addition as at March 2024 the charity held £69,387 in unrestricted reserves. Signed Laura King, Chair Date 28th November 2024 3 ## **JOHN KING BRAIN TUMOUR FOUNDATION** ## **INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024** I report on the accounts of John King Brain Tumour Foundation for the year ended 31 March 2024 which are set out on pages 5 to 8. ## **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 (The Act) but that an independent examination is needed. The charities gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of Association of Accounting Technicians. It is my responsibility to: - Examine the accounts under section 145 of the Charities Act, - To follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the Charities Act, and - To state whether particular matters have come to my attention. ## **Basis of independent examiner’s Statement** My examination was carried out in accordance with the General Directions given by the Charity Commissioners. 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 considerations 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 I do not express an audit opinion on the view given by the accounts. ## **Independent examiner’s statement** In the course of my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did not comply with the applicable requirements concerning the form and content of the accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair' view which is not a matter considered as part of an independent examination. I have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Shelley-Marie Rudling FMAAT AATQB for and on behalf of: Community360 Winsley’s House, High Street, Colchester, Essex Date 30/01/2025 **4** **JOHN KING BRAIN TUMOUR FOUNDATION** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024** |**Note**
**Incoming resources**
Income from charitable activities
**3**
**Total income**
**Expenditure**
Charitable activities
**4**
**Total resources expended**
**Net income/(expenditure)**
Transfer between funds
**Net income for the period**
**Funds at 1 April 2023**
**Funds at 31 March 2024**|**Unrestricted**
**Total**
**£**
151,547
**151,547**
49,604
**49,604**
**101,943**
(150,000)
**(48,057)**
117,444
**69,387**|**Designated**
**Total**
**£**
**-**
**-**
66,632
**66,632**
**(66,632)**
150,000
**83,368**
114,465
**197,833**|**2024**
**Total**
**£**
151,547
**151,547**
116,236
**116,236**
**35,311**
-
**35,311**
231,909
**267,220**|**2023**
**Total**
**£**
256,154
**256,154**
139,781
**139,781**
**116,373**
-
**116,373**
115,536
**231,909**| |---|---|---|---|---| Notes on pages 7 to 8 form part of these financial statements **5** **JOHN KING BRAIN TUMOUR FOUNDATION** ## **BALANCE SHEET AS AT 31 MARCH 2024** |**Note**
**Current assets**
Debtors
**6**
Cash at bank and in hand
**Current liabilities**
Creditors, amounts falling due within one year
**7**
**Net current assets**
**Net assets**
**Funds**
Unrestricted funds
Designated funds|**2024**
**Total**
**£**
-
267,760
267,760
540|**2024**
**Total**
**£**
267,220
**267,220**
69,387
197,833
**267,220**|**2023**
**Total**
**£**
-
232,479
232,479
570|**2023**
**Total**
**£**
231,909
**231,909**
117,444
114,465
**231,909**| |---|---|---|---|---| These accounts were approved by the Trustees and signed on their behalf by : Signed Laura King Date 27/01/2025 **6** **JOHN KING BRAIN TUMOUR FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** ## **1. Accounting Policies** ## **Basis of the preparation of the accounts** The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement on Recommended Practise applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Rebulic of Ireland (FRS 102) and the Companies Act 2006. ## **Cash flow statement** The trustees have taken advantage of the exemption in Financial Reporting Standard 1 (revised) from including a cash flow statement in the financial statements on the grounds that the company is small. ## **Incoming resources** All material incoming resources have been included on a receivable basis They are included if the date receivable falls within the period covered by these accounts. ## **Expenditure** Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. All expenditure is inclusive of irrecoverable VAT. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. ## **Going concern** The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity. ## **Charitable funds** Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees. ## **2. Critical accounting estimates and judgements** In the application of the charity's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. There are no critical accounting estimates or judgements in the financial statements. **7** **JOHN KING BRAIN TUMOUR FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** |**3. **
**4. **|**Income from Charitable activities**
Income generated
Donations
Events
Other
Gift Aid
**Total**
**Costs of charitable activities**
Consultancy
Marketing
Event costs
Donation
Insurance
Garden expenses
Professional fees
Bank charges
**Total**|**Unrestricted **
**£**
93,873
57,674
-
-
**151,547**
**Unrestricted **
**£**
12,535
-
34,229
-
1,038
-
540
1,262
**49,604**|**Designated**
**£**
-
-
-
-
**-**
**Designated**
**£**
-
-
-
-
-
66,632
-
-
**66,632**|**2024**
**£**
93,873
57,674
-
-
**151,547**
**2024**
**£**
12,535
-
34,229
-
1,038
66,632
540
1,262
**116,236**|**2023**
**£**
120,286
130,680
3,000
2,188
**256,154**
**2023**
**£**
18,320
-
53,083
30,000
1,000
35,535
570
1,274
**139,781**| |---|---|---|---|---|---| The donation of £30,000 was made to The Royal Marsden Hospital Cancer Charity to fund a research assistant. ## **5. Staff** No Staff were employed is 2023 (2022: Nil) |**6. Debtors**
Accrued income
**7. Creditors; amounts falling due within one year**
Creditors and accruals|**2024**
**£**
-
**-**
**2024**
**£**
540
**540**|**2023**
**£**
-
**-**
**2023**
**£**
570
**570**| |---|---|---| ## **8. Related parties** There were no related party transactions in this financial year. **8**