Combat Cancer
Company number CE014041 Charity number 1178293
Report of the Trustees and unaudited financial statements for the period ended 31[st ] March 2024 for
Combat Cancer
Adrem Accounting Ltd
Greenfield Farm Trading Estate Congleton Cheshire CW124TR
1
Combat Cancer
Contents
| Page | |
|---|---|
| Legal and Administrative Information | 3 |
| Report of the Trustees | 4-5 |
| Statement of Trustees Responsibilities | 6 |
| Independent Examiners Report | 7 |
| Statement of Financial Activities for the period ended 31stMarch 2023 | 8 |
| Balance Sheet | 9 |
| Notes to the Financial Statements | 10 |
2
Combat Cancer
Legal and Administrative information
Company number CE014041
Charity number 1178293 (England and Wales) SC048662 (Scotland)
Trustees
Sharon Stanley Elizabeth McDonald Justin Grosvenor Principal Address 27 Old Gloucester Street London WC1N 3AX Website
www.combatcancercharity.org
Independent Examiner Leonard Jones FCA Adrem Accounting Ltd Chartered Accountants Greenfield Farm Trading Estate Congleton Cheshire CW12 4TR
3
Combat Cancer
Report of the Trustees for the period ended 31[st ] March 2024
The Trustees confirm that the Report and Financial Statements of the CIO comply with the current statutory requirements of the CIOs governing documents and the provision of the Statement of Recommended Practice (SORP) applicable to charities in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102)
Introduction
Combat Cancer (The Charity) is a Charitable Incorporated Organisation (CIO) whose members are involved in raising funds to sponsor relevant cancer research programmes.
The charity's objective is to provide the relief of sickness and promotion and protection of good health among those suffering with cancer by sponsorship of relevant research programs.
The charity helps save lives by supporting the ongoing research into cancer and contributing to the further understanding of the disease prevention, diagnosis, and treatment by supporting ground-breaking research programmes
Structure and Governance
The Charity is a CIO which was registered on the 8[th ] May 2018
It is governed by a board of Trustees. All new Trustees are given sufficient training and induction programmes to obtain enough knowledge to understand the responsibilities of governance. The Trustees are responsible for the business of the Charity and may form subcommittees as appropriate to better discharge their duties
There must be at least three charity trustees. If the number falls below this minimum, the remaining trustee or trustees may act only to call a meeting of the charity trustees, or appoint a new charity trustee.
The maximum number of charity trustees is 12. The charity trustees may not appoint any charity trustee if as a result the number of charity trustees would exceed the maximum.
The charity trustees are as follows, and are appointed for three years
the following terms – Sharon Stanley Elizabeth McDonald Justin Grosvenor
The Trustees confirm that they have referred to the guidance contained in the Charity Commission’s guidance on public benefit when reviewing the Charity’s aims and objectives.
Achievements and performance
The Charity has continued with helping research, from donations/monies raised and received, into the various causes of childhood cancer.
The Charity continues to work closely and sponsor the Newcastle University Wolfson Childhood Cancer Research Centre. The Charity connection with the Centre has grown in strength over the past year and will continue growing, as the Charity become the Centre’s official sponsor.
We are finding the general public in the United Kingdom are becoming more aware of the Charity, with people using the internet to find smaller charities to help and we can only hope that this continues but like all Charities, the changes as a result of the pandemic and current Cost of living crisis and its consequences We continue to respond to requests from the members of public to help them with disposing their unwanted goods.
Combat Cancer continues its research on most aggressive types of cancer which are on the rise.
In particular, our latest research suggests that pancreatic cancer is one of the rapidly progressive types of cancer in the world in the recent years,
Combat Cancer continues its fundraising campaign to support the UK research institutions working on finding cure for this aggressive illness.
4
Combat Cancer
Fundraising Activities
The Income arises from marketing and information dissemination of the Charity’s objects in combatting cancer and is reliant on online donations which in turn are forwarded to our principal beneficiary The Wolfson Childhood Cancer Research Centre. Our fundraising activities include House-to-house collections of second-hand
clothing carried out by our partner organisation Giving Support Ltd
Financial Review
The Charity as it is today though, is now in a stronger position to continue its aim of raising much needed money that can then be used in research into cancer, and all the Trustees look forward to seeing this Charity continue its growth. We are planning to extend our fundraising activities for supporting research on other types of most aggressive cancers
The charity had incoming resources of £55111.34 and expenses of £57637.83 during the year resulting in a deficit of £2526.49
It is anticipated that this income continues to grow once the Charity’s profile is further raised by the Trustees.
Reserves Policy
It is the Charity’s aim to ensure that unrestricted funds not presently committed to future projects be maintained in accordance with the Charity’s Commission guidelines of 6 months operating costs. This has now been achieved
Investment Policy
It is anticipated that excess cash not immediately required for research be placed on short term deposit to minimise the loss to the Charity whilst trying to achieve the best returns available for its funds.
Risk Management
The Trustees are aware of their duty to review manage and mitigate risks to which the Charity is potentially exposed and to provide reasonable internal controls to prevent fraud and error.
Plans for future periods
It is intended to increase donations via a series of promotional campaigns
This report was approved by the Board of Trustees on 21/11/2024 and signed by
Trustee- Sharon Stanley …………………………………………………………
Trustee -Elizabeth McDonald……………………………………………
Trustee- Justin Grosvenor……………………………………………
5
Combat Cancer
Statement of Trustee’s responsibilities in relation to the Financial Statements
for the period ended 31[st ] March 2024
The Charity Trustees are responsible for preparing a Trustee’s Annual Report and Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (UK GAAP)
The law applicable to Charities in England and Wales requires the Charity Trustees to prepare financial statements which give a true and fair view of the state of affairs of the CIO and the incoming resources and application of resources of the CIO for the relevant period. In preparing the financial statements, the Trustees are required to
-
Select suitable accounting policies and apply them consistently
-
Observe the methods and principles in the applicable Charities SORP
-
Make judgements and estimates that are reasonable and prudent
-
State whether applicable accounting standards have been followed, subject to any material departures that must be disclosed and explained in the financial statements
-
Prepare the financial statement on a going concern basis unless it is inappropriate to do so
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the CIO and to enable them to ensure that the financial statement comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution or other governing document. They are also responsible for safeguarding the assets of the CIO and taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees are also responsible for the maintenance and integrity of the CIO and the financial information included on the CIO’s website in accordance with the legislation in the United Kingdom governing the preparation and dissemination of financial statements
Approved by the Trustees on 21/11/24
----- Start of picture text -----
Trustee- Sharon Stanley …………………………………………………………
----- End of picture text -----
Trustee -Elizabeth McDonald……………………………………………
Trustee- Justin Grosvenor ……………………………………………….
6
Combat Cancer
Independent Examiners report to Combat Cancer for the period ended 31[st ] March 2024
I report on the financial statements of the CIO for the period ended 31[st ] March 2024 which comprises of the Statement of Financial Activities, the Balance Sheet and the related notes
This report is made solely to the CIO’s Trustees as a body in accordance with section 145 of the Charities Act 2011 and regulations made under section 154 of the Act, my examination has been undertaken so that I might state to the CIO’s Trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not assume responsibility to anyone other than the CIO and the CIO’s Trustees as a body, for my examination, for this report, or for the opinions I have formed
Respective responsibilities of Treasurer and Examiner
The Trustees are responsible for the preparation of Accounts the Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the CIO is not subject to Audit and is eligible to prepare accounts on a receipts and payments basis and is eligible for an independent examination, it is my responsibility to
-
Examine the accounts under Section 145 of the 2011 Act
-
To follow the procedures laid down in the general Directions given by the Charity Commission under section 145(b) of the 2011 Act; and
-
To sate whether particular matters have come to my attention
Basis of Independent Examiners Report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the CIO and a comparison of the accounts presented with those records. It also includes a consideration of any unusual items or disclosures in the accounts and seeking explanations from the Trustees concerning 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 Examiners statement
In connection with my examination, no matter has come to my attention:
1 Which gives me reasonable cause to believe that in any material respect the requirements
-
To keep accounting records in accordance with section 130 of the 2011 Act and
-
To prepare accounts which accord with the accounting records, 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) and in other respects comply with the accounting requirements of the 20111 Act
have not been met; or
2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached
L E Jones
Adrem Accounting Ltd
Chartered Accountants
Greenfield Farm Trading Estate
Congleton, Cheshire
7
Combat Cancer
CW124TR
Statement of Financial Activities (incorporating Income and Expenditure Account)
for the period ended 31[st ] March 2024
| Notes | Unrestricted Funds | Unrestricted Funds | |
|---|---|---|---|
| 2024 | 2023 | ||
| INCOME | £ | £ | |
| Income from Charitable Activities | 3 | 55111.34 | 47727.76 |
| Total incoming resources | 55111.34 | 47727.76 | |
| EXPENDITURE | |||
| Charitable activities | 4 | 57637.83 | 32971 |
| Surplus for the year | (2526.49) | 14755.91 | |
| Net income/(expenditure) | (2526.49) | 43136.35 | |
| Funds brought forward | 57892.26 | 14755.91 | |
| TOTAL FUNDS CARRIED FORWARD | 55365.77 | 57892.26 |
All amounts related to continuing activities
All funds in the current year were unrestricted
The Charity has included gains and losses above and no statement of recognised gains and losses has been presented
The notes of page 10 form part of these financial statements
8
Combat Cancer
Balance Sheet as at 31[st ] March 2024
----- Start of picture text -----
Notes 2024 2023
Current Assets
Cash at Bank 6 55365.77 57892.26
Total Assets 55365.77 57892.26
Funds
Unrestricted funds- general 55365.77 57892.26
----- End of picture text -----
The notes on pages 10 form part of these financial statements
The constitution does not require the CIO to obtain an audit of its accounts for the period in question; the exemption from audit has therefore been claimed. The Trustees acknowledge their responsibilities for maintaining accounting records and the preparation of accounts
The financial statements were approved by the trustees on [date required]
----- Start of picture text -----
Trustee- Sharon Stanley …………………………………………………………
Trustee -Elizabeth McDonald……………………………………………
----- End of picture text -----
----- Start of picture text -----
Trustee- Justin Grosvenor………………………………………………
----- End of picture text -----
9
Combat Cancer
Notes to the Financial statements for the period ended 31[st ] March 2024
1 Charity Information
Combat Cancer is a charity registered in England and Wales no 1178293 and in Scotland, no SC048662. It is a CIO governed by a constitution, The Principal address is 27 Somerset Close, Congleton, Cheshire. CW12 1SG.
2 Accounting Policies
Accounting Convention
The financial statements have been prepared under the historical cost convention and in accordance with the SORP, the Accounting and Reporting by Charities preparing their accounts in accordance with FRS 102 and Financial Reporting standards applicable to the UK and Republic of Ireland. They have been prepared on a receipts and payments basis.
The CIO constitutes a public benefit entity as defined by FRS 102
The accounts have also been prepared on a going concern basis
Exemption from preparing a cash flow statement is allowed as the Charity qualifies as a small Charity.
Incoming resources
All income is recognised once the CIO has accepted the receipt
Resources Expended
All expenditure has been accounted or on a payment basis
Taxation
The Charity is exempt from tax on its Charitable activities
Fund Accounting
Unrestricted funds can be used at the discretion of the Trustees in pursuit of the Charitable objectives
3 Income from Charitable objectives £55111.34
These relate mainly to online donations received in support of the stated objectives
4 Expenditure on Charitable activities £57637.83
These costs are summarised as follows
| Accountancy | 420 |
|---|---|
| Advertising | 187.06 |
| Donations | 41200 |
| Salaries | 11797 |
| Software subscriptions | 660.63 |
| Travel | 1790.50 |
| Telecommunications | 550.37 |
10
Combat Cancer
Printing and stationery 10.84 Office Expenses 1021.40
5 Cash at Bank £55365.77
This represents the balance held in the CO Op Bank account
6 Related Parties
There have been no transactions with related parties
7 Controlling Party
The CIO is under the joint control of the Trustees
11