2025-03-31-accounts

Charity Registration No. 1182590

PROST8 UK

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

PROST8 UK

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees	A N Tregoning
	J K Cushion
Charity number (England and Wales)	1182590
Independent examiner	Maynard Heady LLP
	Matrix House
	12-16 Lionel Road
	Canvey Island
	Essex
	SS8 9DE

PROST8 UK

CONTENTS

	Page
Chairman's statement	1
Trustees report	2 - 4
Independent examiner's report	5
Statement of financial activities	6
Balance sheet	7
Notes to the financial statements	8 - 13

PROST8 UK

CHAIRMAN'S STATEMENT

FOR THE YEAR ENDED 31 MARCH 2025

2024/25 has seen some notable successes, in addition to a record number of placements of men with an early stage prostate cancer diagnosis into the NHS focal treatment system, we have continued to support the HIFU treatment unit deployed into Bath RUH hospital which commenced treatments on 6th December 2023. The deployment was so successful that the hospital funded the outright purchase of the unit and continues to operate fully ongoing. This makes an enormous difference to men’s quality of life following treatment.

Fundraising this year has, yet again, been a challenge for the most established charities and was no different for Prost8. The charity team here is striving to develop and deliver a highly ambitious series of physical fundraising events for the coming year.

The charity will continue to support a concerted campaign to pressure the NHS and the DoH to complete the deployments ideally, and eventually, into every cancer care region across the UK (22 in total).

As above, the Charity has achieved some notable outcomes for patients along with significant feedback from beneficiaries, the medical sector and general press reflecting the achievements in this year. The number of men directly helped to successfully access focal treatments is now well in excess of two hundred (having dealt with more than 1000 enquiries to get to that successfully treated figure, which is a legacy in itself. But with more than 12,000 men each and every year entering the system who could benefit from focal treatment there is a long way to go.

At the year end, the Charity is confident of being in a strong position to continue fundraising and events activity thanks to an innovative and high-profile list of campaigns and projects.

The core team, now without the one full time employee, is still comprised primarily of volunteers and although still limited in numbers they are working hard to achieve the charity’s aims along with maintaining the day to day demands of the Charity.

See the charity website for current activity and for details on how to support us at prost8.org.uk.

A N Tregoning Chairman

Date: 19 December 2025

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PROST8 UK

TRUSTEES REPORT

FOR THE YEAR ENDED 31 MARCH 2025

The trustees present their annual report and financial statements for the year ended 31 March 2025.

The charity is regulated under the Charities Commission for England and Wales (charity no 1182590) under the constitution of a Charitable Incorporated Organisation (Foundation Structure) adopted on the 20th March 2019. The charity was entered on the register of charities on 21st March 2019.

2024/2025 saw a continued increase in patient enquiry numbers over last year but the continuing slow economy and fading consumer confidence has impacted general donations for the charity, as has been the case for most UK charities of late.

As in previous years the charity has continued to manage a patient advocacy role to assist men with a new prostate cancer diagnosis to access minimally invasive treatment services, in an environment when healthcare (in particular GP’s and hospitals) sadly do not take men’s health, in particular prostate cancer, seriously enough.

The charity champions the cause of men with early stage treatable prostate cancer (who number up to 12,000 each and every year) along with men with recurring cancer after previous treatments. These sectors are both currently poorly served by the NHS in that despite their early stage treatable cancers they are in almost all cases only offered the same invasive treatments as men with advanced cancers. This is despite the growing availability of newer NICE and NHS approved, less invasive, lifestyle preserving treatments (known generically as focal therapies).

We have continued to develop strategies to best maintain activity and support for the new and existing cases we manage ongoing.

The charity continues to face the challenges of the record backlogs for missed diagnosis and delayed treatments from the Covid era. This will continue regrettably for the foreseeable future, and indeed waiting lists are getting larger rather than smaller, so provisions will be made to cope with this as best as resources permit.

The principle management responsibilities continue to strive to keep pace with the above with limited manpower and financial resources. The staffing levels have reduced with the one full-time marketing and digital media manager leaving to travel in February 2025, so the pressure of managing the running is more intense. A part time virtual assistant (a non-charity-office based PA) has been employed to assist with events and some admin tasks.

The main activities being managed by the current limited team include:

• conducting and managing the advice and patient triage services;

• event creation and management;

• preparing grant applications and applying for funding (looking to outsource this);

• managing resources to maintain general services and campaigns.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)".

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PROST8 UK

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Objectives and activities

The Charity’s objectives are primarily to support men with an early or intermediate stage prostate cancer diagnosis to be aware of, and to enable access to, less invasive treatment options. This includes the awareness of prostate symptoms, education of the need for better screening/early diagnosis and access to newer, less invasive treatment options for prostate cancer (such as focal therapy). These aims are intended to reduce the numbers of men with an early stage treatable diagnosis to avoid unnecessary overtreatment of their condition. Currently most men with a new diagnosis will unnecessarily receive the same invasive treatment options as those with advanced cancers. This will provide dramatically improved lifestyle outcomes for those treated, lower costs at the point of delivery for providers, much reduced recovery time and minimal ongoing support/treatment costs.

This is achieved by the provision of awareness programmes, education, funding in relation to equipment deployment and training, and these are considered to be for public benefit.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Part of the Prost8 UK plan is to provide small funding grants or cost covering to selected strategic HNS hospitals in the UK to facilitate the deployment and use of focal therapy equipment. This is to establish a number of ‘centres of excellence’ to provide and accelerate access to minimally invasive

The charity deployed a successful unit in Bath RUH hospital (went live on 06.12.23, which is successfully treating patients and proving the funding model can work. This work is continuing to deploy and fund further units across the UK. A rent/buy option via the manufacturer is being explored. Operational costs ongoing will be the responsibility of the recipient hospital/health trust.

Achievements and performance

Significant activities and achievements against objectives

The Charity has faced a challenging year operating in the current financial climate, in line with the charitable sector as a whole. The Trustees and management team are eager to make sure that the charity is able to meet targets in the 2025/26 year. Case studies and success stories are featured on the Charity’s website (prost8.org.uk).

The Trustees are committed to improving income to the Charity and to look at wider fundraising activities.

Financial review

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to three months expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

Structure, governance and management

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

• 3 -

PROST8 UK

TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

The trustees report was approved by the Board of Trustees.

A N Tregoning Trustee

19 December 2025

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PROST8 UK

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PROST8 UK

I report to the trustees on my examination of the financial statements of Prost8 UK (the charity) for the year ended 31 March 2025.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

• 1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011.

• 2 the financial statements do not accord with those records; or

• 3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination.

I have no concerns and 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 financial statements to be reached.

Daniel Keys

Daniel Keys (Dec 19, 2025 11:37:05 GMT)

Daniel Keys ACA Maynard Heady LLP Matrix House 12-16 Lionel Road Canvey Island Essex SS8 9DE 19 December 2025

• 5 -

PROST8 UK

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

		Unrestricted	Unrestricted
		funds	funds
		2025	2024
	Notes	£	£
Income from:
Donations and legacies	3	93,075	117,236
Total income		93,075	117,236
Expenditure on:
Raising funds	4	48,097	53,438
Charitable activities	5	54,503	70,227
Total expenditure		102,600	123,665
Net expenditure and movement in funds		(9,525)	(6,429)
Reconciliation of funds:
Fund balances at 1 April 2024		40,729	47,158
Fund balances at 31 March 2025		31,204	40,729

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

• 6 -

PROST8 UK

BALANCE SHEET

AS AT 31 MARCH 2025

2025 Notes £ Fixed assets Tangible assets 9 Current assets Debtors 10 12,625 Cash at bank and in hand 31,700 44,325 Creditors: amounts falling due within one year 11 (13,858) Net current assets Total assets less current liabilities The funds of the charity Unrestricted funds	2024 £ £ 737 402 54,506 54,908 (15,270) 30,467 31,204 31,204 31,204	£ 1,091 39,638
		40,729
		40,729
		40,729

The financial statements were approved by the trustees on 19 December 2025

A N Tregoning Trustee

• 7 -

PROST8 UK

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

Charity information

Prost8 UK is a UK registered charity with the Charity Commission.

1.1 Basis of preparation

The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.

The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 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 or grantors 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.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

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PROST8 UK

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers

20% Straight Line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

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PROST8 UK

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

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.

3 Income from donations and legacies

	Unrestricted	Unrestricted
	funds	funds
	2025	2024
	£	£
Donations, gifts and events	93,075	117,236

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PROST8 UK

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

4 Expenditure on raising funds

	Unrestricted	Unrestricted
	funds	funds
	2025	2024
	£	£
Fundraising and publicity
Direct costs for raising funds	-	694
Promotion and advertising	6,676	14,608
Other fundraising costs	41,421	38,136
	48,097	53,438

5 Expenditure on charitable activities

	Charitable	Chaitable
	Expenditure	Expenditure
	2025	2024
	£	£
Direct costs
Staff costs	37,961	42,500
Depreciation and impairment	354	354
Travel and subsistence	5,255	4,694
Office expenditure	1,666	3,465
Consultancy	60	8,624
Computer costs	2,253	2,012
Insurances	1,700	1,972
Telecommunications	1,058	893
Postage and stationery	184	988
Accountancy	1,200	2,100
Entertaining	1,834	1,913
Subscription and licences	978	712
	54,503	70,227
Analysis by fund
Unrestricted funds	54,503	70,227

6 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

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PROST8 UK

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

7 Employees

The average monthly number of employees during the year was:

	2025	2024
	Number	Number
Employees	2	2
Employment costs	2025	2024
	£	£
Wages and salaries	37,961	40,969
Social security costs	-	1,531
	37,961	42,500

There were no employees whose annual remuneration was more than £60,000.

8 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

9 Tangible fixed assets

Tangible fixed assets
	Computers
	£
Cost
At 1 April 2024	1,769
At 31 March 2025	1,769
Depreciation and impairment
At 1 April 2024	678
Depreciation charged in the year	354
At 31 March 2025	1,032
Carrying amount
At 31 March 2025	737
At 31 March 2024	1,091

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PROST8 UK

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

10 Debtors

Amounts falling due within one year: Other debtors Prepayments and accrued income Creditors: amounts falling due within one year Other taxation and social security Other creditors Accruals and deferred income	2025 £ - 12,625 12,625 2025 £ 1,352 11,306 1,200 13,858	2024 £ 134 268
		402
		2024 £ 1,865 11,306 2,099
		15,270

11 Creditors: amounts falling due within one year

12 Retirement benefit schemes

Defined contribution schemes

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

13 Related party transactions

There were no disclosable related party transactions during the year (2024 - none).

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Prost8 Accounts

Final Audit Report

2025-12-19

Created: 2025-12-19 By: Daniel Keys ([e-mail]) Status: Signed Transaction ID: CBJCHBCAABAARkyJZpEhw2ogN-7R-wJLkrjOC5QDAy2J

"Prost8 Accounts" History

Document created by Daniel Keys ([e-mail])

2025-12-19 - 11:36:25 AM GMT

Document emailed to Daniel Keys ([e-mail]) for signature 2025-12-19 - 11:36:29 AM GMT

Document e-signed by Daniel Keys ([e-mail]) Signature Date: 2025-12-19 - 11:37:05 AM GMT - Time Source: server

Agreement completed.

2025-12-19 - 11:37:05 AM GMT