Registered Charity Number 1184635
## **THE TEAMCARO FOUNDATION**
## **TRUSTEES REPORT AND ACCOUNTS**
31 March 2021
## **THE TEAMCARO FOUNDATION Financial statement Year ended 31 March 2021**
|**Contents**|**Page**|
|---|---|
|Charity information and professional advisers|3|
|Trustees’ report|4|
|Accountants’ report|5|
|Income statement|6|
|Statement of financial position|7|
|Notes to the financial statements|8|
2
## **THE TEAMCARO FOUNDATION Charity Information Year ended 31 March 2021**
Registered charity name THE TEAMCARO FOUNDATION Charity number 1184635 40 VALLEY VIEW Registered office GREENHITHE DA9 9LU Mason Edwards _(Chair)_ Trustees Jack Street Sharon Hamusati Paul Accountants BC NWAIWU & CO LTD Building 1 Suit 4A Office 6 Wilsons Park Business Centre Manchester M40 8WN Bankers Barclays Bank Plc
3
## **THE TEAMCARO FOUNDATION Trustees’ Report Year ended 31 March 2021**
## **About Us**
The TeamCaro Foundation is a cancer support charity, providing a range of support to cancer patients.
## **Trustees**
The following person served as trustees during the period:
1. Mason Edwards (Chair)
2. Jack Street
3. Sharon Hamusati Paul
## **Our Objects**
The objects of the charity for the public benefit include;
1. To promote and protect the health of the public through provision of information and raising of public understanding of the nature, causes, diagnosis, prevention, treatment and cure of all forms of cancer and in furtherance of that primary object, to provide practical support to people affected by cancer and their families.
## **Projects**
Projects undertaken during the year include:
Held the 2019 The TeamCaro Foundation annual event on the theme, “Standing Tall Against All Cancers” with speeches from cancer patients on the benefits of accessing treatment early as well as experiences of people who accessed treatment late for family members.
Our ‘Facebook lives’ have also continued commanding average viewership of 1000 people per live. Reaching out to cancer patients who were self-isolating and possibly isolated from friends and families. Checking on their mental wellbeing.
Encouraging adherence to treatment and communicating any additional medications with doctors.
Visits to patients including companionship, light housework, cooking and shopping. Spending time with patients’ children to give them a rest, including taking them to restaurants and parks.
Home visits stopped in March 2020 due to Covid-19. All patients contacted via telephone or live video calls. Door deliveries of food and other essentials continue.
Mason Edwards Chair – Board of Trustees
4
## **THE TEAMCARO FOUNDATION**
**Accountant’s report For the period ended 31 March 2021**
## **Accountants' report to the board of trustees on the preparation of the unaudited statutory accounts of The TeamCaro Foundation for the period ended 31 March 2021.**
In order to assist you to fulfil your duties under the Charity Act 2011, we have prepared for your approval the accounts of The TeamCaro Foundation for the period ended 31 March 2021 which comprise of the Statement of financial activities (incorporating income & expenditure account), the Balance Sheet and the related notes from the charity’s accounting records and from information and explanations you have given us.
This report is made solely to the Trustees of The TeamCaro Foundation, as a body, in accordance with the terms of our engagement dated 15[th] November 2021. Our work has been undertaken solely to prepare for your approval the accounts of The TeamCaro Foundation and state those matters that we have agreed to state to the Trustees of The TeamCaro Foundation, as a body, in this report to the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The TeamCaro Foundation and its Trustees as a body for our work or for this report.
It is your duty to ensure that The TeamCaro Foundation has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position of The TeamCaro Foundation. You consider that The TeamCaro Foundation is exempt from the statutory audit/independent examination requirement for the period.
We have not been instructed to carry out an audit/independent examination or a review of the accounts of The TeamCaro Foundation. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
BC NWAIWU & CO LTD
________________________
BC NWAIWU & CO LTD
Building 1 Suit 4A Office 6 Wilsons Park Business Centre Manchester M40 8WN
Date: 14 February 2022
5
## **THE TEAMCARO FOUNDATION Income Statement For the period ended 31 March 2021**
|**Note**
**Income from:**
Donations and legacies
2
Charitable activities
3
**Total income**
**Expenditure on:**
charitable activities
4
**Total expenditure**
**Net income/(expenditure)**
**for the year**
5
Transfer between funds
Net movement in funds for
the year
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted **
£
895
3,580
**4,475**
3,121
**3,121**
**1,353**
-
**1,353**
(38)
**1,315**|**Restricted**
£
-
5,369
**5,369**
3,316
**3,316**
**2,053**
-
**2,053**
(57)
**1,996**|2021
£
895
8,949
**9,844**
6,437
**6,437**
**3,407**
-
**3,407**
(95)
**3,312**|2020
£
9,725
-|
|---|---|---|---|---|
|||||**9,725**|
|||||9,820|
|||||**9,820**|
|||||**(95)**
-|
|||||**(95)**
-|
|||||**(95)**|
The notes on pages 8 to 10 form part of these financial statements
6
## **THE TEAMCARO FOUNDATION Statement of Financial Position As at 31 March 2021**
|**Not**
**e**
**Fixed assets**
Tangible assets
6
Total fixed assets
**Current assets**
Cash at bank and in hand
7
Debtors
8
Total current assets
**Liabilities**
Creditors - Amount falling due
within one year
9
**Net current assets**
**Total assets less current liabilities**
Creditors - Amount falling due
after more than one year
10
**Net assets**
**The funds of the charity:**
Unrestricted funds
11
Restricted funds
11
**Total charity funds**|£
1,938
-
1,938
(300)|2021
£
1,673
1,673
**1,638**
3,312
-
**3,312**
1,315
1,996
**3,312**|£
105
-
105
(200)|2000
£
-|
|---|---|---|---|---|
|||||-
**(95)**|
|||||(95)
-|
|||||**(95)**|
|||||(38)
(57)|
|||||**(95)**|
Mason Edwards Chair of Trustees
Approved by the board on 14 February 2022
The notes on pages 8 to 10 form part of these financial statements
7
**THE TEAMCARO FOUNDATION Notes to the Financial Statements For the period ended 31 March 2021**
## 1. **Accounting Policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019) - (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).
The TeamCaro Foundation meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Going concern basis of accounting**
The accounts have been prepared on the assumption that the charity is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves. There are no material uncertainties about the charity's ability to continue as a going concern.
## **Fund accounting**
General reserves are unrestricted funds that are available for use at the Trustees’ discretion in furtherance of the objects of the charity.
## **Incoming resources**
All incoming resources are included in the SOFA when the charity is legally entitled to the income, is reasonably certain of receipt and the amount can be measured with sufficient reliability. In accordance with the SORP, no value has been attributed to the work performed by volunteers, although their work is considered vital to the activities of the charity.
## **Donations and gifts**
Donations and gifts consist of the total donations from individuals, trusts and corporates, along with income from fundraising events.
## **Resources expended**
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Costs of generating funds are those incurred in seeking voluntary income and do not include the costs of disseminating information in support of the charitable activities.
Charitable expenditure include costs incurred directly by The TeamCaro Foundation in the furtherance of its charitable objectives, along with associated support costs.
8
**THE TEAMCARO FOUNDATION Notes to the Financial Statements For the period ended 31 March 2021**
Governance costs relate to the general running of the charity as opposed to those costs associated with fundraising or charitable activity. Included within this category are costs associated with internal audit and risk, as well as external audit costs, as opposed to day-to-day management of the charity’s activities.
|2
**Donations and**
**legacies**
Donations
Other income
**Total**
3
**Charitable activities**
**Grants**
Department for Work
and Pensions (DWP)
**Charitable trading**
Charity sales
Support services
**Total income from**
**charitable**
**activities**|Unrestricted
£
895
-
895
Unrestricted
£
3,580
3,580
-
-
-
3,580|Restricted
£
-
-
-
Restricted
£
5,369
5,369
-
-
-
5,369|2021
£
895
-
895
2021
£
8,949
8,949
-
-
-
8,949|2020
£
9,725
-|
|---|---|---|---|---|
|||||9,725|
|||||2020
£
-|
|||||-|
|||||-
-|
|||||-|
|||||-|
9
## **THE TEAMCARO FOUNDATION Notes to the Financial Statements For the period ended 31 March 2021**
|4
**Expenditure on charitable activities**
Staff cost
Project costs
Depreciation
Professional fees
Governance costs
Support costs
Restricted expenditure
Unrestricted expenditure
5
**Net income/(expenditure) for the year**
This is stated after charging/(crediting):
Depreciation
6
**Fixed assets: tangible**
**assets**
Land and
Buildings
£
**Cost**
At 1 October 2020
-
Additions
-
At 30 September 2021
-
**Depreciation**
At 1 October 2020
-
Charge for the year
-
At 30 September 2021
-
**Net book value**
At 30 September 2021
-
At 1 October 2020
-|2021
£
2,698
1,379
452
1,290
300
319
6,437
3,316
3,121
6,437
2021
£
452
Fixtures &
fittings
Computer
equipment
£
£
-
-
1,594
531
1,594
531
-
-
319
133
319
133
1,275
398
-
-|2021
£
2,698
1,379
452
1,290
300
319
6,437
3,316
3,121
6,437
2021
£
452
Fixtures &
fittings
Computer
equipment
£
£
-
-
1,594
531
1,594
531
-
-
319
133
319
133
1,275
398
-
-||2020
£
-
6,729
-
200
450
2,441
9,820
6,383
3,437
9,820
2020
£
-
Total
£
-
2,125|
|---|---|---|---|---|
||||||
||||||
||||||
||||||
||||||
|||531||2,125|
|||-
133||-
452|
|||133||452|
|||398||1,673|
|||-||-|
10
## **THE TEAMCARO FOUNDATION Notes to the Financial Statements For the period ended 31 March 2021**
|7
**Cash at bank and in hand**
Cash at bank
Cash in hand
8
**Debtors**
Trading debtors
Grant debtors
Prepayments
9
**Creditors - Amount falling due**
**within one year**
Accountancy fee
10
**Creditors - Amount falling due after**
**more than one year**
Trade creditors
Other creditors|2021
£
1,938
-
**1,938**
2021
£
-
-
-
**-**
2021
£
300
**300**
2021
£
-
-
**-**|2020
£
-
-|
|---|---|---|
|||**-**|
|||2020
£
-
-
-|
|||**-**|
|||2020
£
200|
|||**200**|
|||2020
£
-
-|
|||**-**|
11
## **THE TEAMCARO FOUNDATION Notes to the Financial Statements For the period ended 31 March 2021**
|11
Fund movements
**Restricted funds**
Restricted project
fund
**Unrestricted funds**
General fund
**The funds of the**
**charity**|Balance
at 1
April
2020
£
(57)
(57)
(38)
(38)
(95)|Income
£
5,369
5,369
4,475
4,475
9,844|Expenditure
£
(3,316)
(3,316)
(3,121)
(3,121)
(6,437)|Transfers
£
-
-
-
-
|As at
31
March
2021
£
1,996|
|---|---|---|---|---|---|
||||||1,996
1,315|
||||||1,315|
||||||3,312|
12