## **Team Antoinette**
19 Prince of Wales Drive, LONDON, SW11 4SB
**T:** +44 7720844330 teamantoinette.org
## **Charitable Incorporated Organisation**
**Annual Report and Financial Statements for the period from 11 December 2019 to 31 December 2020**
e-mail: mail@teamantoinette.org Team Antoinette is a CIO in England and Wales LN87200/0003-EU-27889410/1
Trustees Thomas Friend William Friend John Friend Principal address 19 Prince of Wales Drive London SW11 4SB Registered charity number 1186894 Gift Aid number ZD07190
The Trustees’ Report and accounts were approved by the board of the Trustees on 30 October 2021
John Friend
Thomas Friend
William Friend
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## **Objectives and activities**
||SORP
reference||
|---|---|---|
|Summary of the purposes
of the charity as set out in
its governing document|Para 1.17|Team Antoinette is a Charitable
Incorporated Organization (CIO) which
works to further as a charitable purpose
under English law the advancement of
health, in respect of the treatment of
cancer and in particular metastatic
cancer. The CIO's work involves
funding, associated fundraising activities,
and supporting research and promoting
better care for cancer patients to achieve
this goal.|
|Summary of the main
activities in relation to
those purposes for the
public benefit, in particular,
the activities, projects or
services identified in the
accounts.|Para 1.17
and 1.19|The objects of the CIO have remained
unchanged – these are to protect and
promote the health of the public, in
particular by:
supporting research relating to cancer
and, in particular, metastatic cancer
treatment and analysis for the public
benefit;
providing information and raising public
understanding in all areas in respect of
cancer and, in particular, metastatic
cancer and its treatment; and
promoting and influencing effective care,
involvement and support for those
affected by cancer and, in particular, by
metastatic cancer.|
|Statement confirming
whether the trustees have
had regard to the
guidance issued by the
Charity Commission on
public benefit|Para 1.18|The trustees confirm they have complied
with the requirements of section 4 of the
Charities Act 2011 to have regard to the
guidance issues by the Charity
Commission on public benefit.|
## **Additional information (optional)**
||SORP
reference||
|---|---|---|
|Policy on grant making|Para 1.38|· Where the charity trustees decide to
fund medical research, they will ensure
that any research funding is awarded in
accordance with this grant-making
policy.
· A condition of the charity's funding for
this purpose would be that all research is
conducted to protect and promote the|
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health of the public for the benefit of the public and that arrangements are made so that the useful results of any research are made publicly available and disseminated widely. · Where research funded by the charity might produce results which can be exploited, either financially or in furtherance of the charity's aims, the trustees will consider and take reasonable steps to protect the charity's intellectual property arising from their funding. · The trustees will ensure the charity uses such rights to further the charity's aims or maximise the return that the charity receives from them. · In selecting topics for medical research, the trustees will be guided by recommendations from any academics with whom they are working, along with their own personal experiences, to ensure public benefit is delivered. · The trustees will ensure that in respect of all the charity funding of medical research no more than incidental private benefit will arise to any individuals or non-charitable / commercial entities as a result. · The trustees will consider the Charity Commission's guidance 'Research by higher education institutions' wherever applicable.
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## **Achievements and Performance**
||SORP
reference||
|---|---|---|
|Summary of the main
achievements of the
charity, identifying the
difference the charity’s
work has made to the
circumstances of its
beneficiaries and any
wider benefits to society
as a whole.|Para 1.20|Our first year as a charity, 11 December
2019 to 31 December 2020, marks the
beginning of an exciting journey of the
Charitable Organisation in delivering
upon its’ objects.
The Charity is funding a medical
research project at the Centre for
Translational and Experimental Medicine
at Imperial College in London.
This work is critical as current cancer
treatments typically target a particular
mutation. However, cancer cells rapidly
divide acquiring multiple mutations over
time. It is this diverse, or heterogenous,
make up of metastatic cancer cells which
often results in cancer recurring or
spreading to other parts of the body. By
building a cutting-edge 3D model of
breast cancer the scientists working on
this research will enable drugs to be
tested on multiple mutations at the same
time.|
## **Financial Review**
|Review of the charity’s
financial position at the
end of the period|Para 1.21|The principal funding sources were donations
via the PayPal Giving Fund. The PayPal
Giving Fund collects donations from PayPal
Users, eBay Users and Other Users, acting
as Donors and regrants these donations with
GiftAid, where applicable, to Team
Antoinette. [1] The PayPal Giving Fund does
not charge a fee for using the Website or the
Online Tools.
In addition, no deductions for The PayPal
Giving Fund’s expenses and services are
made from the funds re-granted to Team
Antoinette. [1] The PayPal Giving Fund also
ensures that there are no fees for receiving
funds into the CIO’s PayPal or bank account.
[1]|
|---|---|---|
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||||[1]https://www.paypal.com/uk/webapps/mpp/
givingfund/policies#DonationDeliveryPolicy|
|---|---|---|---|
|Statement explaining the
policy for holding
reserves stating why they
are held|Para 1.22||The trustees aim to maintain free reserves in
unrestricted funds at a level which equates to
approximately six months of unrestricted
charitable expenditure. The trustees consider
that this level will provide sufficient funds to
operate should the trustees cease funding of
operational costs. The estimated reserve
need is approximately GBP 426.00 which
incorporates
Website fees of approximately 40GBP per
month
Telephone costs of approximately 20 GBP
per month
Insurance costs of approximately 11 GBP per
month|
|Amount of reserves held|Para 1.22||The balance held at 31 December 2020 was
£497.61, leaving the current level of reserves
in line with reserve requirements. All funds,
including reserves, are held with its bankers
until the charity trustees award medical
research funding in accordance with the
grant-making policy.|
|Reasons for holding zero
reserves|Para 1.22||Not applicable.|
|Details of fund materially
in deficit|Para 1.24||None.|
|Explanation of any
uncertainties about the
charity continuing as a
going concern|Para 1.23||There are no uncertainties about the charity
continuing as a going concern.|
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing
document
(trust deed, royal charter)|Para 1.25|‘Foundation’ model constitution|
|How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|Team Antoinette is a Charitable
Incorporated Organisation (CIO) whose
only voting members are its charity
trustees.|
|Trustee selection methods
including details of any
constitutional provisions|Para 1.25|Appointment of charity trustees
(1)
Apart from the first charity
trustees, every trustee must be|
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|e.g. election to post or
name of any person or
body entitled to appoint
one or more trustees||appointed by a resolution passed at a
properly convened meeting of the charity
trustees.
(2)
In selecting individuals for
appointment as appointed charity
trustees, the charity trustees must have
regard to the skills, knowledge and
experience needed for the effective
administration of the CIO.
Information for new charity trustees
The charity trustees will make available
to each new charity trustee, on or before
his or her first appointment:
(a) a copy of the current version of this
constitution; and
(b) a copy of the CIO’s latest Trustees’
Annual Report and statement of
accounts.
Retirement and removal of charity
trustees
(1) A charity trustee ceases to hold
office if he or she:
(a) retires by notifying the CIO in writing
(but only if enough charity trustees will
remain in office when the notice of
resignation takes effect to form a quorum
for meetings);
(b) is absent without the permission of
the charity trustees from all their
meetings held within a period of six
months and the trustees resolve that his
or her office be vacated;
(c) dies;
(d) in the written opinion, given to the
company, of a registered medical
practitioner treating that person, has
become physically or mentally incapable
of acting as a director and may remain
so for more than three months;
(e) is disqualified from acting as a
charity trustee by virtue of sections 178-
180 of the Charities Act 2011 (or any
statutory re-enactment or modification of
that provision).
(2) Any person retiring as a charity
trustee is eligible for reappointment.
Taking of decisions by charity trustees
Any decision may be taken either:
•at a meeting of the charity trustees; or|
|---|---|---|
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|• by resolution in writing or electronic|
|---|
|form agreed by a majority of all of the|
|charity trustees, which may comprise|
|either a single document or several|
|documents containing the text of the|
|resolution in like form to which the|
|majority of all of the charity trustees has|
|signified their agreement. Such a|
|resolution shall be effective provided that|
|•
a copy of the proposed resolution|
|has been sent, at or as near as|
|reasonably practicable to the same time,|
|to all of the charity trustees; and|
|•
the majority of all of the charity|
|trustees has signified agreement to the|
|resolution in a document or documents|
|which has or have been authenticated by|
|their signature, by|
|•
a statement of their identity|
|accompanying the document or|
|documents, or in such other manner as|
|the charity trustees have previously|
|resolved and delivered to the CIO at its|
|principal office or such other place as the|
|trustees may resolve within 28 days of|
|the circulation date.|
|Delegation by charity trustees|
|(1) The charity trustees may delegate|
|any of their powers or functions to a|
|committee or committees, and, if they|
|do, they shall determine the terms and|
|conditions on which the delegation is|
|made. The charity trustees may at any|
|time alter those terms and conditions or|
|revoke the delegation.|
|(2) This power is in addition to the|
|power of delegation in the General|
|Regulations and any other power of|
|delegation available to the charity|
|trustees, but is subject to the following|
|requirements:|
|(a) a committee may consist of two or|
|more persons, but at least one member|
|of each committee must be a charity|
|trustee;|
|(b) the acts and proceedings of any|
|committee must be brought to the|
|attention of the charity trustees as a|
|whole as soon as is reasonably|
|practicable; and|
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(c) the charity trustees shall from time to time review the arrangements which they have made for the delegation of their powers. Meetings of charity trustees (1) Calling meetings (a) Any charity trustee may call a meeting of the charity trustees. (b) Subject to that, the charity trustees shall decide how their meetings are to be called, and what notice is required. (2) Chairing of meetings The charity trustees may appoint one of their number to chair their meetings and may at any time revoke such appointment. If no-one has been so appointed, or if the person appointed is unwilling to preside or is not present within 10 minutes after the time of the meeting, the charity trustees present may appoint one of their number to chair that meeting. (3) Procedure at meetings (a) No decision shall be taken at a meeting unless a quorum is present at the time when the decision is taken. The quorum is two charity trustees, or the number nearest to one third of the total number of charity trustees, whichever is greater, or such larger number as the charity trustees may decide from time to time. A charity trustee shall not be counted in the quorum present when any decision is made about a matter upon which he or she is not entitled to vote. (b) Questions arising at a meeting shall be decided by a majority of those eligible to vote. (c) In the case of an equality of votes, the person who chairs the meeting shall have a second or casting vote. (4) Participation in meetings by electronic means (a) A meeting may be held by suitable electronic means agreed by the charity trustees in which each participant may communicate with all the other participants. (b) Any charity trustee participating at a meeting by suitable electronic means agreed by the charity trustees in which a
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participant or participants may communicate with all the other participants shall qualify as being present at the meeting. (c) Meetings held by electronic means must comply with rules for meetings, including chairing and the taking of minutes. Membership of the CIO (1) The members of the CIO shall be its charity trustees for the time being. The only persons eligible to be members of the CIO are its charity trustees. Membership of the CIO cannot be transferred to anyone else. (2) Any member and charity trustee who ceases to be a charity trustee automatically ceases to be a member of the CIO. Informal or associate (non-voting) membership (1) The charity trustees may create associate or other classes of non-voting membership and may determine the rights and obligations of any such members (including payment of membership fees), and the conditions for admission to, and termination of membership of any such class of members. (2) Other references in this constitution to “members” and “membership” do not apply to non-voting members, and nonvoting members do not qualify as members for any purpose under the Charities Acts, General Regulations or Dissolution Regulations. Relationship with any related parties There are no related parties which either control or influence the decisions and operations of the CIO.
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## **Team Antoinette**
|**Receipts and payments accounts**||Receipts -|Receipts -|Total 31|
|---|---|---|---|---|
|||Unrestricted|Restricted|December|
|from 11 December 2019||funds|funds|2020|
|to 31 December 2020|||||
||Note|￡|￡|￡|
|Income and Endowments from:|||||
|Grants||£ 497.61|£ -|£ 497.61|
|Donations and legacies||£ -|£ -|£ -|
|Other trading activities||£ -|£ -|£ -|
|Total Income||£ 497.61|£ -|£ 497.61|
|Expenditure on:||£ -|£ -|£ -|
|Raising funds||£ -|£ -|£ -|
|Charitable activities||£ -|£ -|£ -|
|Total Expenditure||£ -|£ -|£ -|
|Net movement in funds||£ 497.61|£ -|£ 497.61|
|Reconciliation of funds|||||
|Total funds carried forward||£ 497.61|£ -|£ 497.61|
The notes on page 14 form part of these accounts. Approved by the trustees on 30 October 2021.
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|**Current Assets**
Cash at bank and at hand
Funds of the charity
Restricted funds
Unrestricted income funds
Unrestricted funds|£ 497.61|
|---|---|
||£ -
£ 497.61|
|Total Cash Funds|£ 497.61|
The notes on page 14 form part of these accounts. Approved by the trustees on 30 October 2021.
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## **Cash flow statement as at 31 December 2020**
|**Cash flow statement as at 31 December 2020**||
|---|---|
|Net cash used in operating activities
_Cash flows from investing activities:_
Interest and dividends
Net cash provided by investing activities
_Cash flows from donations and grants_
Receipt of donations
Net cash provided by financing activities
Change in cash at bank and in hand in the year
Cash at bank and in hand brought forward|£ -
£ -
£ -
£-|
||£497.61|
||£ -
£ 497.61|
||£ 497.61|
|Cashat bankandin hand carriedforward|£497.61|
The notes on page 14 form part of these accounts. Approved by the trustees on 30 October 2021.
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## **Notes to the Financial statements for the Period from 12 December 2019 to 31 December 2020**
## **Accounting policies**
## **Charity status, statement of compliance and basis of preparation**
Team Antoinette is a charitable incorporated organisation and meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared on a Receipts and Payments basis, in accordance with the Charities Commission guidance for small non-company charities.
## **Accounting Period**
This set of accounts is the CIO’s first set of accounts and as a result is for a period longer than 12 months from 12 December 2019 to 31 December 2020.
## **Accounting currency**
The presentation currency is Great British Pounds in which the accounts are denominated.
## **Charitable activities**
Charitable expenditure comprises those costs incurred by the CIO directly in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Recognition of income**
## **Offsetting**
There has been no offsetting of assets and liabilities, or income and expenses.
## **Government grants**
The charity has received no government grants in the reporting period.
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