CANCER CARE DIASPORA
ANNUAL REPORT & FINANCIAL STATEMENTS
30 JUNE 2022
Charity Number 1178766
CANCER CARE DIASPORA FINANCIAL STATEMENTS FOR YEAR ENDED 30 JUNE 2022
| CONTENTS | PAGE |
|---|---|
| Trustees Annual Report | 3 - 6 |
| Statement of Financial Activities (incorporating the | |
| Income and expenditure account) | 7 |
| Balance sheet | 8 |
| Notes to the financial statements | 9 - 10 |
| Independent Examiners Report | 11 |
CANCER CARE DIASPORA TRUSTEES ANNUAL REPORT YEAR ENDED 30 JUNE 2022
REFERENCE AND ADMINISTRATIVE DETAILS
Registered charity name CANCER CARE DIASPORA
Charity registration number 1178766 Principal office 83 Ducie Street Manchester M1 2JQ Registered office 83 DUCIE STREET Manchester M1 2JQ THE TRUSTEES Abigail Omoye Abara Mercy Eriamiatoe Dr Amara Ajaegbu Independent Examiner Nii Otu Quaye FFA/FICA Chartered Certified Accountant 11 Louvaine Close Manchester M18 8SJ Bankers Lloyds Bank
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CANCER CARE DIASPORA TRUSTEES ANNUAL REPORT YEAR ENDED 30 JUNE 2022
The trustees have the pleasure to present their report and the unaudited financial statement of the charity for the period ended 30[th] June 2022.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Cancer Care Diaspora is a registered charity and is governed by the trust deed . The Charity was registered as charity with the Charity Commission on June 13, 2018. The charity is governed by the trust deeds which states that the appointment of new trustees is at the discretion of the spiritual leadership of the church. Trustees retire from office at each Annual General Meeting and are auromatically eligible for reelection. An election is held with Trustees required to receive a simple majority of those present to be elected. New trustees with the necessary skills to contribute to the charity’s management and development are nominated by members of the board of Trustees, interviewed by a panel and appointed by a resolution taken by the trustees. When new trustees are appointed they are given an introduction to the work of the Charity and provided with the information they need to fulfil their roles, which includes information about the role of trustees and charity law.
The Board of Trustees administers the charity, meeting . The Chief Executive is appointed by the trustees to manage the day to day operations of the charity, reporting on the performance against the strategic plans of the establishment.
RISK MANAGEMENT
The Trustees consider the risk affecting the Charity and its activities as part of its short and long term planning procedures. These are renewed regularly and plans amended accordingly to mitigate those risks. The Risk Register we have created helps us consider the level of risk being faced and to reduce the higher risks to a level acceptable to Cancer Care Diaspora governing body. In assessing risk, the trustees recognise that some areas of our work require the acceptance and management of risk if our key objectives are to be achieved.
OBJECTIVES AND ACTIVITIES
The objects of the charity are for public benefit:
- To advance the wellbeing of the the local community
2.To relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods or services of any kind, including the provision of counselling and
support in such parts of the United Kingdom and the world as the trustees from time to time may think fit; and
- 3.To advance the welfare of the community the trustees from time to time may think fit.
The trustees' objectives for each year are determined by reference to the overall objects.
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CANCER CARE DIASPORA TRUSTEES ANNUAL REPORT YEAR ENDED 30 JUNE 2022
ACHIEVEMENTS AND PERFORMANCE
We continued to serve the community by ensuring provision of a safe space for regular exercise twice a week online and gradually reintroduced face to face sessions with funding (£15,000) received from Comic Relief & partners through the Global Majority Fund disbursed by the Caribbean & African Health Network. The funding also enabled us to support young persons in primary and secondary schools across Greater Manchester (with a parent or guardian undergoing cancer treatment) through online tutoring and homework support. The project was successful and we received a lot of positive feedback from the schools through the families we supported. Our trained online tutors also gave a lot of feedback on the children and highlighted how the funded sessions helped the children to achieve more in their learning. We were also able to give out culturally appropriate food parcels to our service users for one year with the help of this grant.
We also received a grant of £4,974 from We Love Mcr charity for our face to face support group meeting, refreshments and part venue hire, including volunteers and sessional staff support.
In September 2021 we were awarded Lottery funding up to £150,000 for three years for organisational core funding for staff salaries, volunteer transport, weekly fitness sessions, office rent, accountant and other consultancy fees and evaluation.
We are very grateful to these funders who constantly support our community projects yearly enabling us to reach out to communities that have seen a lot of marginalisation, health inequalities and poor outcomes of cancer over the years and sadly very poor outcomes of the Covid 19 pandemic.
FINANCIAL REVIEW
Voluntary unrestricted income totalled £3,520 (2020 was £3,268) and has been achieved through the efforts of staff and volunteers. The significant inadequacy in income has allowed us to review our income generating activities and our out-going operations to relieve financial hardship on the organisation. The charity did receive a grant of £56,394 (2020 was £44,472) to promote cancer awareness in the year under review. Moving forward, we have to establish gift aid management to enhance future incoming activities by engaging our accountants to help with a well established process of making the gift aid claims. It is expected that the financial position will increase over the subsequent years. Also, the charity is pursuing strict budgetary and prudent ways of reducing the cost of running the charity.
It is the Trustees objective to build up sufficient reserves to cover one year's expenditure. In the Trustees opinion, it will take a number of years to achieve this objective.
PLANS FOR FUTURE PERIODS
As in previous years, we will continue to build our capacity and financial position in furtherance of our objectives. The Board and Senior Management Team will carry regular reviews and where appropriate make necessary improvements in our activities
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CANCER CARE DIASPORA TRUSTEES ANNUAL REPORT YEAR ENDED 30 JUNE 2022
and services in our bid to offer more tailored activities and services that will suit our service users' needs.
RESPONSIBILITIES OF THE TRUSTEES
The trustees (who are also the directors of CCD for the purposes of company law) are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Charity Commission law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable organisation for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. The trustees are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Volunteers
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CANCER CARE DIASPORA STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 30 JUNE 2022
| Total Funds | Total Funds | ||
|---|---|---|---|
| 2022 | 2021 | ||
| Note | £ |
£ | |
| INCOMING RESOURCES | |||
| Incoming resources from generating funds: | |||
| Voluntary Donations | 2,946 | 3,520 | |
| Investmeny Income | |||
| Grants | 69,324 | 56,394 | |
| TOTAL INCOMING RESOURCES | 72,270 | 59,914 | |
| RESOURCES EXPENDED | |||
| Charitable activities | 62,124 | 39,705 | |
| Support costs | 9,537 | 22,061 | |
| Fundraising Cost | 1,500 | 5,194 | |
| TOTAL RESOURCES EXPENDED | 73,161 | 66,960 | |
| NET INCOMING RESOURCES FOR THE YEAR | (891) | (7,046) | |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 5,001 | 12,047 | |
| TOTAL FUNDS CARRIED FORWARD | 4,110 | 5,001 |
The Statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared. All of the above amounts relate to continuing activities.
The notes on pages 9 to 10 form part of these financial statements.
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CANCER CARE DIASPORA BALANCE SHEET AS AT 30 JUNE 2022
| 2022 | 2021 | |||
|---|---|---|---|---|
| Note | £ | £ | £ |
| FIXED ASSETS | |||
|---|---|---|---|
| Tangible assets | |||
| INVESTMENT | |||
| Unlisted Investment | |||
| CURRENT ASSETS | |||
| Debtors | 4,110 | 5,000 | |
| Cash and cash equivalents | 0 | 1 | |
| ---------------------- | ------------- | ||
| 4,110 | 5,001 | ||
| CREDITORS: | |||
| Amounts falling due within one year | |||
| NET CURRENT ASSETS | 4,110 | 5,001 | |
| --------------------- | |||
| NET ASSETS | 4,110 | 5,001 | |
| ================ | |||
| FUNDS | |||
| Restricted | 0 | 0 | |
| Unrestricted income funds | 4,110 | 5,001 | |
| ---------------------- | |||
| TOTAL FUNDS | 4,110 | 5,001 | |
| ================ |
These financial statements were approved by the members of the committee on the 28[th] February 2023 and signed on their behalf by:
(Chairman of Board of Trustees)
24[th] April 2023
The notes on pages 9 to 10 form part of these financial statements.
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CANCER CARE DIASPORA NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 JUNE 2022
1. ACCOUNTING POLICIES
Basis of accounting
The financial statements of CCD have been prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, the Statement of Recommended Practice "Accounting and Reporting by Charities" issued in March 2005 (SORP 2005) using the Receipts and Payment basis.
Cash flow statement
The trustees have taken advantage of the exemption in Financial Reporting Standard No 1 (revised) from including a cash flow statement in the financial statements on the grounds that the company is small.
Fixed assets
All fixed assets are initially recorded at cost.
Depreciation
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
| Equipment | - | 25% WDV |
|---|---|---|
| Building work | - | 25% WDV |
| Motor Vehicles | - | 25% WDV |
2. INCOME
| Donations Voluntary Donations Investment Interest Grants Total |
Restricted Funds £ 69,324 69,324 |
Unrestricted Funds £ 2,946 2,946 |
Total Funds 2022 £ 2,946 69,324 72,270 |
Total Funds 2021 £ 3,520 56,394 |
|---|---|---|---|---|
| 59,914 |
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CANCER CARE DIASPORA NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 JUNE 2022
3. COSTS OF CHARITABLE ACTIVITIES BY FUND TYPE
| Unrestricted | Restricted |
Total Funds | Total Funds | |
|---|---|---|---|---|
| Funds | Funds | 2022 |
2021 | |
| £ | £ | £ | ||
| Community Advancement | 62,124 | 62,124 |
39,705 | |
| Support costs | 9,537 | 9,537 |
27,255 | |
| ---------------------- | ---------------------- | |||
| 71,661 | 71,661 |
66,960 | ||
| ================ | ================ |
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CANCER CARE DIASPORA NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 JUNE 2022
Independent Examiner's Report to the members of CCD Trustees
To the trusees and members of Cancer Care Diaspora with Charity number 1178766.I report on the accounts for the year ended 30 June 2021, which are set out on pages 7 to 9.
The members of 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 2011 Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 (5)(b) of the 2011 Act,
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to follow the procedures laid down in the general Directions given by the Charity Commission and
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to state whether particular matters have come to my attention.
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from 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.
In connection with my examination, no matter has come to my attention;
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which gives me reasonable cause to believe that in, any material respect,the requirements:
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to keep accounting records in accordance with section 41 of the 1993 Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 1993 Act have not been met.
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To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Nii Otu Quaye FCCA FFA
Chartered Certified Accountant 11 Louvain Close
Manchester Lancashire M18 8SJ 20[th] April 2023
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