CROHN'S AND COLITIS CONCERN UK FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CHARITY NUMBER 1173451 CROHN'S AND COLITIS CONCERN UK- CHARITY NUMBER 1173451 FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Contents Pages Legal and administrative infomiation Trustees. report 2to4 Independent examiner's report Statement of f￿anCIal activities Balance sheet Notes to the financial stafrments 8t012 CROHN'S AND COLITIS CONCERN UK - CHARITY NUMBER 1173451 LEGAL AND ADMINISTRATIVE INFORMATION AS AT 31 MARCH 2024 Trustees J Varley J Roberts A Garlick Company Number CEOIIO80 Registered Office 15 - 17 Clarendon Street Hyde Cheshire SK14 2EL Accountants Scott Roberts Taylor & Co Central Buildings 517 Corporation Street Hyde Cheshire SK14 IAG Bankers The Co-operative Bank Business Direct PO Box 250 Skelmersdale Lanca5hire WN8 6WT Charity Number 1173451 CROHN?S AND COLITIS CONCERN UK- CHARITY NUMBER 1173451 TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 The trustees present their report and fmancial statements for the year ended 31 st March 2024. NAME AND NATURE OF ASSOCIATION The name of the Association is CROFtN'S AND COLITIS CONCERN UK (The Charity) The Charity is a Charitable Incorporated Organisation. The Charity's registration number is 1173451 and company number is CEO11080. OBJECTIVES AND ACTIVITIES The Charity's objects are'.- (a) to promote, improve, develop and maintain public education into Crohn's and Colitis and their causes, effects and methods of treatment. (b) the advancement of health in relation to the field of Crohn's and Colitis, especially in the care and improvement in the quality of life for sufferers and those at risk. There have been no changes to the activities of the Association in the year under review. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing Document The governing instrument is the said Memorandum and Articles of Association of Crohn's And Colitis Concern UK incorporated on 16th June 2017. Restrictions Imposed by the Constitution No changes or further restrictions of any form have been requested or approved by the trustee5 over and above what is laid out in our Memorandum and Articles of Association over the last year. Specific Investment Powers No specific investment powers have been requested or approved by the trustees over and above what is laid out in our Memorandum and Articles of Association over the last year. Organisational Structure No changes in the organisational structure of the Charity have occurred over the last year. RecruitmentlAppointment of Trustees No changes in the trustees in either nurnber of makeup have been recorded over the last year. Risk Review The fallout of the Covid-19 outbreak is still being felt by the charity. especially in ternis of its main income generator- the shop in Hyde. The shop has seen a significant a reduction on footfall since the covid outbreak, which has been made worse by the subsequent cost of living crisis. The landlord of the shop is looking to sell the propety. the trustees will wait for the outcome of that - but have security of tenure until 2027 in their lease. The trustees are confident they have overcome the worst of th¢ fall-out but are wary of the impending change in government and the likely fiscal tightening to come. With this in mind we will continue to be cautious in our financial outlook and reserves policy in m¢cting our core aims. CROHN'S AND COLITIS CONCERN UK- CHARITY NUMBER 1173451 TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 ACHIEVEMENTS AND PERFORMANCE The Hyde shop continues to be the main Source of funds and has enabled the charity to fmish the year with an extra £609 in our general fund. During the covid outbreak the landlord suspended rental payments whilst the shop was shut. The charity has been paying these back since reopening and ale pleased to announce that during this flllancial year, all outstanding historical rent debts have now been cleared. The trustees would like to thank the shop staff for all their efforts in keeping positive, motivated and driving the shops increased profitability over the last financial year. We understand the high street is far from reNrning to nonnal levels of footfall. But donations of stock to be sold remains high and the shop staff are confident they can remain competitive against the other charity shops in the town. We will be looking to engage once again in reviewing potential recipients in the coming months, but the financial stsbility and viability of the charity is the priority FINANCIAL REVIEW The accounts for the period have been prepared in accordance with the Statement of Recommended Practice Accounting and Reporting by Charities and comply with all statutory requirements and the charity's governing document. The net Profit for the year was £609. Reserves Policy Generally any surplus available will be Teinvested in the charity's objectives. However. the charity aims to keep a contingency reserve of £15,000 to cover three months full operating costs of its Hyde charity shops, after which any surplus will then be paid over to the charity. TRUSTEES The following trustees have held office since 1st April 2023: Jonathan Varley Jennifer Roberts Andrew G￿lIck CROHN'S AND COLITIS CONCERN UK- CHARITY NUMBER 1173451 TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEES RESPONSIBILITIES The Trustees are responsible for the keeping of accounting records and the preparation of financial statements which give a true and fair view of the state of affairs of the charity as at the end of the financial year end of the surplus or deficit of the charity for that period. The Charities Act 201 I requires the Charity to ensure that the accounting records disclose with reasonable accuracy the fmancial position of the Charity. In doing so the Trustees are required to select appropriate accounting policies and apply them consistently, making judoements and estimates that are reasonable and prudent and to prepare the financial statements on a going concern basis unless it is inappropriate to presume that the Charitable InCo￿orated Organisation will continue in business. The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the fmancial position of the charity. 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. On behalf of the Trustees. J Varley Trustee 13 NtsNa- CROHN'S AND COLITIS CONCERN UK- CHARITY NUMBER 1173451 INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Report to the trustees of Crohn's And Colitis Concern UK (Charity no. 1173451) on the accounts for the year ended 3151 March 2024, which are set out on pages 6 to 12. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is our 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 Commission (under section 145 (5) (b) of the Charities Act).. and To state whether particular matters have come to our attention. Basis of Independent Examiner's Statement Our examination was carried out in accordance with the general direction 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 frorn the 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 matters set out in the statement below. Independent Examiner's statement In connection with our examination, no matter ha5 corne to our attention: (l) Which gives us reasonable cause to believe that in any material respect the requirements:_ to keep accounting records in accordance with section 130 of the Charities Act.. and to prepare accounts which accord with the accounting records and comply with the accounting Tequirements of the Charities Act have not been met.. or (2) To which, in OUT opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Scott Roberts Taylor & Co Accountants & Registered Auditors Central BuildKngs sn Corporation Street Hyde Cheshire SK14 IAG IC AoiaJJ.4........ CROHN'S AND COLITIS CONCERN UK- CHARITY NUMBER 1173451 STATEMENT OF FINANCIAL ACTIVITIES AT 31 MARCH 2024 Restricted General Funds Funds Total Funds 2024 Total Funds 2023 Notes Ineome Resourees Shop sales Donations received Interest received 70,581 2,148 274 70,581 2.148 274 75.872 330 28 Outgoing Resources Staff salaTies, pensions & NIC Rent, lates and insurance Waste collection & stock removal LighL heat & water Repairs & maintenance Telephone & broadband Accountancy Bookkeeping Payroll costs Legal & Professional Subscriptions Depreciation Cleanin(r North Care Charity Sundry expenses Total resources expended 36,231 24,189 1,082 5,958 1,445 249 36,231 24,189 1,082 5,958 1,445 249 30,085 22,825 639 1,427 3,632 296 111 750 480 840 750 480 840 750 720 870 900 216 164 77 10,000 239 138 114 239 138 114 679 679 Net (outgoing)lincoming resources 609 609 2,523 Transfer between funds Net movement in funds 609 609 2,523 Total funds brought forward Total funds carried forward CROHN'S AND COLITIS CONCERN UK- CHARITY NUMBER A17345A BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Notes FIXED ASSETS Tangible assets 786 924 CURRENT ASSETS Debtors 6,241 6,940 Cash at bank and in hand 34,924 33,076 CREDITORS: amounts Falling due within one year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES FUNDS OF THE CHARITY Re5trieted Income Fund General Fund Signed on behalf of all the Trustees on . . by.. J Varley (Trustee) Charity No: 1173451 CROHN'S AND COLITIS CONCERN UK- CHARITY NUMBER 1173451 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IWtARCH 2024 STATEMENT OF ACCOUNTING POLICIES These accounts have been prepared under the historic cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to the accounts. The accounts 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 with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and with the Charities Act2011 The charity constitutes a public benefit entity as defmed by FRS 102. Irrecoverable VAT is charged to the SOFA as incuTTed. INCOMING RESOURCES Recognition of Incoming Resources These are included in the Statement of Financial Activities (SOFA) when.. The charity becomes entitled to the resources. The trustees are virtually certain they will receive the resources- and The monetary value can be measured with sufficient reliability. Investment Income Investment income is included in the accounts when receivable. Incoming resources with related expenditure Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SOFA. Grants and donations Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources. Tax reclaims on donations and gifts Incoming Tesources from tax claims are iThcluded in the SOFA at the sarne time as the gift to which they relate. Gifts in kind Gifts in kind accounted for at a reasonable estimate of their value to the charity or the amount acmally realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable. Volunteer help The value of any voluntary help received is not included in the accounts but is acknowledged in the tru5tees' annual report. Investment gains and105ses This includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. CROHN'S AND COLITIS CONCERN UK- CHARITY NUMBER 1173451 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 EXPENDITURE & LIABILITITES Liability Recognition Liabilities are recognised as soon as there is a legal or constructive obligation comrnitting the charity to pay out resource5. All expenditure is accounted for on an accruals basis and has been cla5sifJed under headings that aggregate all costs related to the category. Grants with performance conditions Where the charity gives a grant with conditions for its payment being a specific level of service OT Output to be provided, such grants are only Tecognised in the SOFA once the recipient of the grant has provided the specified service or output. Grants payable without performance eonditions These are only recognised in the accounts when a committnent has been made and there are no conditions to be met relating to the grant which remain in the control of the charity. ASSETS Depreciation of tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its useful life.. Fixtures, fittings and equipment 150/0 Teducing balance TAIYGIBLE FIXED ASSETS Fixtures Fittings & Equipment Totsl Cost: At l April 2023 Additions Revaluations Disposal At 31 March 2024 1,986 1,986 Depreeiation: At l April 2023 Charge for Year Elimination on disposal At 31 March 2024 1,064 138 1,064 138 Net book value: At l April 2023 24 24 At 31 March 2024 CROHN?S AND COLITIS CONCERN UK - CHARITY NUMBER I A7345A NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 DEBTORS 2024 2023 Prepayments & Accrued Income 241 CASH AT BANK AND IN HAND 2024 2023 Bank current account Deposit account 6,881 6,108 CREDITORS: amounts falling due within one year 2024 2023 Pension PAYENI Accruals and deferred income 68 410 50 -io- CROHN'S AND COLITIS CONCERN UK- CHARITY NUMBER 1173451 NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2024 ANALYSIS OF RESOURCES EXPENDED Restricted General Funds Funds Total Funds 2024 Total Funds 2023 Wages, Salaries & NIC: Gross wages Employers, NIC Employers, Pensions Total 35.880 35,880 29,635 351 351 450 Rent, rates and Insuranee: Rent Rates Premises Insurance Total 23.775 352 62 23,775 352 62 23,447 786 24 Details of eertain items of Expenditure: 2024 2023 Trustees Expenses Number of trustees who were paid expenses Na￿Te of expenses Fees for examination of audit Independent examiners fees -li- CROHN'S AND COLITIS CONCERN UK- CHARITY NUMBER 1173451 NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2024 PAID EMPLOYEES 2024 2023 Staff Costs Gross wages. salaries and benefits in kind Pension Costs Total 35,880 351 29.635 450 Average number of full time Equivalent Employees in the year 2024 2023 The parts of the charity in which the Shop employees work Total FUNDS OF THE CHARITY At l April 2023 Surplus/ Transferred At 31 Mareh (Deficit) Between Funds 2024 Restricted Income Fund General Fund 609 -12-