## **ACCOUNTS FOR THE PERIOD ENDED 31 MARCH 2021** **REGISTERED CHARITY NUMBER: 1187121 COMPANY LIMITED BY GUARANTEE : 12358324** ## **Accounts and Reports for the period 11[th] December 2019 to 31[st] March 2021** ## **Contents** **Pages 1 to 8 Trustees and Directors Annual Report Pages 9 to 10 Independent Examiners Report Pages 11 to 26 Financial Accounts** ## **Trustees’ annual report (including Directors’ report) for the period** **From: 11 December 2019 To: 31 March 2021** **Charity name: WMUK** **Charity registration number: 1187121** **Company number: 12358324** ## **Objectives and activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|To promote and protect the physical and mental
health of people affected by WM through the
provision, in particular but not exclusively, of
financial assistance, information, support,
education and practice advice.
The relief of sickness and the preservation of
health, in particular but not exclusively, by
promoting and supporting research into WM and
the development of more effective treatments
and care for patients with WM. To advance the
education of the general public in all areas
relatingto WM.| |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|An annual patient and doctor summit to share
information, advice and latest research in the
world of WM. An information service for WM
patients and their families and the Rory Morrison
Registry to collect data from WM patients in
order to advance novel treatments and
understand the best treatment regimes.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public benefit|Para 1.18|| ## **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference Policy on grant making Para 1.38 1 Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other ## **Achievements and performance** |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.|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.||| |---|---|---|---| ||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|WMUK is the only charity in the UK focused
solely on Waldenstrom’s macroglobulinaemia
(WM), a rare type of blood cancer. Through a
dedicated website and information service,
WMUK has provided a community for WM
patients where they can seek information, share
concerns and benefit from sharing their
experiences of the disease. In addition WMUK
have through their Rory Morrison Registry,
collected data which has supported the approval
of new treatments for WM and increased the
number of treatment options available to
patients. The patient/doctor summit has
allowed a large part of the WM community to
meet together for the first time and share
current learnings in the WM world and give
patients access to WM experts.| ## **Additional information (optional)** You may choose to include further statements where relevant about: Para 1.41 Achievements against objectives set 2 Para 1.41 Performance of fundraising activities against objectives set Para 1.41 Investment performance against objectives Other |**Financial review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|The charity received c£124,000 in revenue and
finished the financial year with £160,000 in
reserves, which allows for approximately
eighteen months of runningcosts.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|Due to ambitious plans to scale the activities of
the charity in the next 3-5 years, it was decided
to hold larger than average reserves to mitigate
anyrisk in the current strategy.| |Amount of reserves held|Para 1.22|£160,832| |Reasons for holding zero
reserves|Para 1.22|N/A| |Details of fund materially in
deficit|Para 1.24|N/A| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|None.| ## **Additional information (optional)** You may choose to include further statements where relevant about: Para 1.47 The charity’s principal sources of funds (including any fundraising) 3 Para 1.46 Investment policy and objectives including any social investment policy adopted Para 1.46 A description of the principal risks facing the charity Other ## **Structure, governance and management** |Description of charity’s trusts:||| |---|---|---| |Type of governing document:
for example, trust deed,|Para 1.25|Memorandum and Articles Incorporated in
December 2019| |memorandum and articles of
association etc||| |How is the charity
constituted?for example
limited company,
unincorporated association,
CIO|Para 1.25|Registered charity and Charitable company| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled to
appoint one or more trustees|Para 1.25|All Trustees are selected by the Board. As we are
a relatively new organisation, we are currently
reviewing our governance structure and
subcommittees to determine specific roles and
responsibilities.| |||| ## **Additional information (optional)** You may choose to include further statements where relevant about: Para 1.51 Policies and procedures adopted for the induction and training of trustees 4 **----- Start of picture text -----**
Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51
Relationship with any related
parties
Other
**----- End of picture text -----**
## **Reference and administrative details** |Charityname|WMUK| |---|---| |Other name the charityuses|None| |Registered charitynumber|1187121| |Charity’sprincipal address|Foden House,47 London Road,AlderleyEdge,Cheshire. SK9 7JT| **Names of the charity trustees who manage the charity** 5 |1
2
3
4
5
6
7
8
9
10|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee(if any) **| |---|---|---|---|---| ||Dr Shirley D’Sa|UCLH
Cancer Division, 3rd
Floor West, 250 Euston
Road, London, NW1
2PG||| ||Mr Eric Low|Eric Low Consulting, 5
Souness View,
Haddington, East
Lothian,EH41 3DH||| ||
Ms Nina Pinwill|69 Goodwin Road,
London,N9 0EN||| ||Dr Helen McCarthy|Royal Bournemouth
Hospital, Castle Lane,
East Bournemouth,
BH7 7DW||| ||Professor Guy Pratt|University Hospitals
Birmingham NHS
Foundation Trust,
Birmingham B15 2GW||| ||Dr Jaimal Kothari|Oxford University
Hospitals NHS
Foundation Trust
Churchill Hospital Old
Road, Headington,
Oxford OX3 7LE||| ||
Mr Colin Rainford|193 Lansdowne Road,
Oldham,OL9 8QX||| ||
Dr Harriet Scorer|2 Bix Folly , Old Bix
Road, Henley on
Thames ,Oxon, RG9
1LP||| ||
Mr William Franks|Cairn House, 67 High
Street, Burbage,
Marlborough,
Wiltshire,SN8 3AF||| ||
Dr Dima El-Sharkawi|Tarquins , Manor Way,
Oxshott, Leatherhead,
Surrey,KT22 0HU||| Corporate trustees – names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** 6 ## **Funds held as custodian trustees on behalf of others** Description of the assets held None in this capacity Name and objects of the N/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (optional information)** **Type of Name Address adviser** **Name of chief executive or names of senior staff members (optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details **None.** 7 ## **Other optional information** ## **Declarations** **The company has taken advantage of the small companies’ exemption in preparing the report above.** **The trustees declare that they have approved the trustees’ report (including directors’ report) above.** **Signed on behalf of the charity’s trustees/directors** **Signature(s) Full name(s) Position (for example Secretary, Chair, etc) Date** 8 **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** **Report to the** WMUK **trustees/directors/ members of On accounts for the** 11[th] December 2019 to 31[st] March 2021 **period Charity no.:** 1187121 Company no.: 12358324 **Set out on pages** 10 to 23 I report to the charity trustees on my examination of the accounts of the Company for the period ended 31/03/2021. **Responsibilities and** As the charity’s trustees of the Company (who are also the directors of the **basis of report** company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”). Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act”). In carrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act. **Independent** [The company’s gross income exceeded £250,000 and I am qualified to **examiner's statement** undertake the examination by being a qualified member of [insert name of applicable listed body]]. Delete [ ] if not applicable. I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) which gives me cause to believe that: • accounting records were not kept in accordance with section 386 of the Companies Act 2006; or • the accounts do not accord with such records; or • the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or •the accounts have not been prepared in accordance with the Charities SORP (FRS102). 9 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 accounts to be reached. - _Please delete the words in the brackets if they do not apply._ ||*_Please delete the words in the brackets_|_apply._| |---|---|---| |**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body**
**(if any):**
**Address:**||10/08/2021| |||| ||JASON DENNIS|| |||| ||MAAT Association of Accounitng Technician|| |||| ||31 Clover Way, Paddock Wood, Tonbridge Kent TN12|6BQ| |||| |||| |**Section B**|**Disclosure**| |---|---| ||Only complete if the examiner needs to highlight material matters of concern| ||(see CC32, Independent examination of charity accounts: directions and| ||guidance for examiners).| **Give here brief details of any items that the examiner wishes to disclose** . 10 ## **WMUK Charity Number 1187121 Company Number 12358324 For the period 11th December 2019 to 31st March 2021** ## **Section A Statement of financial activities (including summary income and expenditure account)** |Guidance Note
S01
S02
S03
S04
S06
S07
**Expenditure (Notes 6)**
**Expenditure on:**
S08
S09
S10
S11
S12
S13
Tax payable
S14
S15
Net gains/(losses) on
investments
S16
S17
**Extraordinary items**
S18
S19
S20
Other gains/(losses)
S21
S22
**_Reconciliation of_**
**_funds:_**
S23
S24
Donations and legacies
Investments
Charitable activities
Other trading activities
**Other recognised** **gains/(losses):**
**_Total_**
**Recommended categories by activity**
**Income (Note 3)**
**Income and endowments from:**
Raising funds
Other
Other
Total funds brought forward
Gains and losses on revaluation of fixed assets for the
charity’s own use
Charitable activities
Separate material expense item
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) after tax**
**before investment gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
**_Net movement in funds_**
**Net income/(expenditure) before tax for**
**the reporting period**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03|**Total funds**
**Prior year**
**funds**
**£**
**£**
F04
F05|**Total funds**
**Prior year**
**funds**
**£**
**£**
F04
F05| |---|---|---|---|---|---| ||124,817|-|-|124,817|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||124,817|-|-|124,817|-| ||||||| ||12,626|-|-|12,626|-| ||78,640|-|-|78,640|-| ||-|-|-|-|| ||780|-|-|780|-| ||92,046|-|-|92,046|-| ||||||| ||32,771|-|-|32,771|-| ||-|-|-|-|-| ||32,771|-|-|32,771|-| ||-|-|-|-|-| ||32,771|-|-|32,771|-| ||128,061|-|-|128,061|| ||-|-|-|-|-| ||||||| ||-|-|-|-|-| ||-|-|-|-|-| ||160,832|-|-|160,832|-| ||||||| ||-|-|-|-|-| ||160,832|-|-|160,832|-| 11 ## **WMUK** **Charity Number 1187121 Company Number 12358324 For the period 11th December 2019 to 31st March 2021** ## **Section B Balance sheet** |Guidance Note
**Current assets**
**Cash at bank and in hand (Note 7)**
B09
**_Total current assets_**
B10
**_Net current assets/(liabilities)_**
B12
**_Total assets less current liabilities_**
B13
**Provisions for liabilities**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
**Restricted income funds (Note 27)**
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**Fair value reserve**
B21
**_Total funds_**
B22|**Unrestricted**
**funds**
**£**
160,832|
**Restricted**
**income**
**funds**
**£**
-|**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
- 160,832|**Total last**
**year**
**£**| |---|---|---|---|---| |||||-| ||160,832|-|- 160,832|-| |||||| ||160,832|-|- 160,832|-| |||||| ||160,832|-|**-**160,832|-| |||||-| ||-|-|- -|| |||||| ||160,832|-|- 160,832|-| ||-
160,832|-|-
-
- 160,832
-|-
-
-| ||160,832|-|- 160,832|-| _**The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.**_ _**The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.**_ _**The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.**_ _**These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.**_ |(Sign Here)
(Sign Here)
Signature of director authenticating accounts being sent to
Companies House
Signed by one or two trustees/directors on behalf of all the
trustees/directors|Date of
approval
dd/mm/yyyy
Date
dd/mm/yyyy
**Print name**
Signature
Print Name| |---|---| CC17a (Excel) 15/09/2021 12 **WMUK Charity Number 1187121 Company Number 12358324 For the period 11th December 2019 to 31st March 2021** ## **Section C** ## **Notes to the accounts** ## Note 1 **Basis of preparation** ## _**This section should be completed by all charities** ._ ## **1.1 Basis of accounting** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: the Statement of Recommended Practice: Accounting and Reporting by Charities • and with*  preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 the Financial Reporting Standard applicable in the United Kingdom and Republic of • and with*  Ireland (FRS 102) - and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102.*  - -Tick as appropriate ## **1.2 Going concern** ## _**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_ An explanation as to those factors that support the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the going concern assumption doubtful; Where accounts are not prepared on a going concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern. _**Not applicable Not applicable Not applicable**_ ## **1.3 Change of accounting policy** The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note { }. Yes*  * Tick as appropriate 13 -Tick as appropriate No* ## _**Please disclose:**_ |**_Please disclose:_**|| |---|---| |**_(i) the nature of the change in accounting policy;_**|**_Not applicable_**| |**_(ii) the reasons why applying the new accounting policy provides more reliable_**
**_and more relevant information; and_**|**_Not applicable_**| |**_(iii) the amount of the adjustment for each line affected in the current period,_**
**_each prior period presented and the aggregate amount of the adjustment relating_**
**_to periods before those presented, 3.44 FRS102 SORP._**|**_Not applicable_**| ## **1.4 Changes to accounting estimates** No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP). Yes*  * -Tick as appropriate No* ## _**Please disclose:**_ |**_Please disclose:_**|| |---|---| |**_(i) the nature of any changes;_**|**_Not applicable_**| |**_(ii) the effect of the change on income and expense or assets and liabilities for_**
**_the current period; and_**|**_Not applcable_**| |**_(iii) where practicable, the effect of the change in one or more future periods._**|**_Not applicable_**| ## **1.5 Material prior year errors** No material prior year error have been identified in the reporting period (3.47 FRS102 SORP). |Yes*
No*||* -Tick as appropriate| |---|---|---| |||| ## _**Please disclose:**_ _**Not applicable (i) the nature of the prior period error;**_ 14 |**_(ii) for each prior period presented in the accounts, the amount of the correction_**
**_for each account line item affected; and_**|**_Not applicable_**| |---|---| |**_(iii) the amount of the correction at the beginning of the earliest prior period_**
**_presented in the accounts._**|**_Not applicable_**| 15 ## **WMUK Charity Number 1187121 Company Number 12358324 For the period 11th December 2019 to 31st March 2021** |**Section C**
**Notes to the accounts**|**(cont)**|**(cont)**|**(cont)**| |---|---|---|---| |**Recognition of income**
This is included in the accounts when receipt is probable and the amount receivable
can be measured reliably.
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.
These are included in the Statement of Financial Activities (SoFA) when:
•
the charity becomes entitled to the resources;
•
it is more likely than not that the trustees will receive the resources;
•
the monetary value can be measured with sufficient reliability.
Grants and donations are only included in the SoFA when the general income
recognition criteria are met (5.10 to 5.12 FRS102 SORP).
Gift Aid receivable is included in income when there is a valid declaration from the
donor. Any Gift Aid amount recovered on a donation is considered to be part of that
gift and is treated as an addition to the same fund as the initial donation unless the
donor or the terms of the appeal have specified otherwise.
There has been no offsetting of assets and liabilities, or income and expenses, unless
required or permitted by the FRS 102 SORP or FRS 102.
Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.
**Government grants**
The charity has received government grants in the reporting period
**Legacies**
Donated services and facilities are included in the SOFA when received at the value of
the gift to the charity provided the value of the gift can be measured reliably.
**Offsetting**
**Grants and donations**
**Note 2**
**Accounting policies**
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on
receipt. In the reporting period in which the stocks are distributed, they are recognised
as an expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in
'Income from other trading activities' with the corresponding stock recognised in the
balance sheet. On its sale the value of stock is charged against 'Income from other
trading activities' and the proceeds from sale are also recognised as 'Income from
other trading activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
**Income from membership**
**subscriptions**
**Income from interest,**
**royalties and dividends**
The charity has incurred expenditure on support costs.
**Investment gains and**
**losses**
This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.
Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.
**Settlement of insurance**
**claims**
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
**Support costs**
**Tax reclaims on**
**donations and gifts**
Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.
**2.1 INCOME**
**Donated goods**
In the case of performance related grants, income must only be recognised to the
extent that the charity has provided the specified goods or services as entitlement to
the grant only occurs when the performance related conditions are met (5.16 FRS 102
SORP).
**Volunteer help**
The value of any voluntary help received is not included in the accounts but is
described in the trustees’ annual report.
**Donated services and**
**facilities**
**Contractual income and**
**performance related**
**grants**|Yes*
No*
N/a*||| ||||| ||Yes*
No*
N/a*||| ||||| ||Yes*
No*
N/a*||| ||||| ||Yes*
No*
N/a*||| ||||| ||Yes*
No*
N/a*||| ||||| ||Yes*
No*
N/a*||| ||||| ||Yes*
No*
N/a*||| ||||| ||Yes*
No*
N/a*||| ||||| ||Yes*
No*
N/a*||| ||||| ||Yes*
No*
N/a*||| ||||| ||Yes*
No*
N/a*||| ||||| ||Yes*
No*
N/a*||| ||||| ||Yes*
No*
N/a*||| ||||| ||Yes*
No*
N/a*||| ||||| ||Yes*
No*
N/a*||| ||||| ||Yes*
No*
N/a*||| ||||| ||Yes*
No*
N/a*||| ||||| ||Yes*
No*
N/a*||| ||||| ||Yes*
No*
N/a*||| ||||| ||Yes*
No*
N/a*||| ||||| ||Yes*
No*
N/a*||| ||||| ||Yes*
No*
N/a*||| ||||| CC17 FRS 102 SORP 10/08/2021 16 **WMUK** **Charity Number 1187121 Company Number 12358324 For the period 11th December 2019 to 31st March 2021** |**Section C**
**Notes to the accounts**|**Section C**
**Notes to the accounts**|**(cont)**|**(cont)**|**(cont)**| |---|---|---|---|---| |**Grants with performance**
**conditions**
**2.3 ASSETS**
**POLICIES ADOPTED**
**ADDITIONAL TO OR**
**DIFFERENT FROM**
**THOSE ABOVE**
They are valued at fair value except where they qualify as basic financial instruments.
**Debtors**
Debtors (including trade debtors and loans receivable) are measured on initial
recognition at settlement amount after any trade discounts or amount advanced by the
charity. Subsequently, they are measured at the cash or other consideration expected
to be received.
**Current asset investments**
The charity has investments which it holds for resale or pending their sale and cash
and cash equivalents with a maturity date less than one year. These include cash on
deposit and cash equivalents with a maturity of loss than one year held for investment
purposes rather than to meet short-term cash commitments as they fall due.
**Stocks and work in**
**progress**
Stocks held for sale as part of non-charitable trade are measured at the lower or cost or
net realisable value.
Goods or services provided as part of a charitable activity are measured at net
realisable value based on the service potential provided by items of stock.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on
the contract.
**Investments**
Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.
Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments
**Heritage assets**
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 16.
They are valued at cost.
**Intangible fixed assets**
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through
custody or legal rights. The amortisation rates and methods used are disclosed in note
15.
They are valued at cost.
**Tangible fixed assets for**
**use by charity**
These are capitalised if they can be used for more than one year, and cost at least
They are valued at cost.
The depreciation rates and methods used are disclosed in note 14.
**Provisions for liabilities**
A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date
**Basic financial instruments**
The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.
**Deferred income**
No material item of deferred income has been included in the accounts.
**Creditors**
The charity has creditors which are measured at settlement amounts less any trade
discounts
**Grants payable without**
**performance conditions**
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
i
d
**Redundancy cost**
The charity made no redundancy payments during the reporting period.
**Governance and support**
**costs**
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and
its compliance with regulation and good practice.
Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their
usage.
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
**Note 2**
**Accounting policies**
**2.2 EXPENDITURE AND LIABILITIES**
**Liability recognition**
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of
the obligation can be measured with reasonable certainty.||Yes*
No*
N/a*||| |||||| |||Yes*
No*
N/a*||| |||||| |||Yes*
No*
N/a*||| |||||| |||Yes*
No*
N/a*||| |||||| |||Yes*
No*
N/a*||| |||||| |||Yes*
No*
N/a*||| |||||| |||Yes*
No*
N/a*||| |||||| |||Yes*
No*
N/a*||| |||||| |||Yes*
No*
N/a*||| |||||| |||Yes*
No*
N/a*||| |||||| |||||| |||£2,500||| |||Yes*
No*
N/a*||| |||||| |||Yes*
No*
N/a*||| |||||| |||Yes*
No*
N/a*||| |||||| |||Yes*
No*
N/a*||| |||||| |||Yes*
No*
N/a*||| |||||| |||Yes*
No*
N/a*||| |||||| |||Yes*
No*
N/a*||| |||||| |||Yes*
No*
N/a*||| |||||| |||Yes*
No*
N/a*||| |||||| |||Yes*
No*
N/a*||| |||||| |||Yes*
No*
N/a*||| |||||| |||Yes*
No*
N/a*||| |||||| |||Yes*
No*
N/a*||| |||||| |||||| |||||| 17 **WMUK Charity Number 1187121 Company Number 12358324 For the period 11th December 2019 to 31st March 2021** |**Section C**|**Notes to the accounts**
**(cont)**| |---|---| |**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
Donations and gifts
110,172
-
-
110,172
-
Gift Aid
9,068
-
-
9,068
-
Legacies
5,577
-
-
5,577
-
**Total**
124,817
-
-
124,817
-
124,817
-
-
124,817
-
**Note 3**
**Income**
**Analysis of income**
**Donations**
**and legacies:**
**TOTAL INCOME**|| CC17a (Excel) 10/08/2021 18 ## **WMUK** **Charity Number 1187121 Company Number 12358324 For the period 11th December 2019 to 31st March 2021** |**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Expenditure on raising funds :**
**£**
**£**
**Analysis**
**Section C**
**Notes to the accounts**
**(cont)**
**Note 4 Expenditure**
**This year**
**Last year**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Expenditure on raising funds :**
**£**
**£**
**Analysis**
**Section C**
**Notes to the accounts**
**(cont)**
**Note 4 Expenditure**
**This year**
**Last year**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Expenditure on raising funds :**
**£**
**£**
**Analysis**
**Section C**
**Notes to the accounts**
**(cont)**
**Note 4 Expenditure**
**This year**
**Last year**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Expenditure on raising funds :**
**£**
**£**
**Analysis**
**Section C**
**Notes to the accounts**
**(cont)**
**Note 4 Expenditure**
**This year**
**Last year**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Expenditure on raising funds :**
**£**
**£**
**Analysis**
**Section C**
**Notes to the accounts**
**(cont)**
**Note 4 Expenditure**
**This year**
**Last year**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Expenditure on raising funds :**
**£**
**£**
**Analysis**
**Section C**
**Notes to the accounts**
**(cont)**
**Note 4 Expenditure**
**This year**
**Last year**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Expenditure on raising funds :**
**£**
**£**
**Analysis**
**Section C**
**Notes to the accounts**
**(cont)**
**Note 4 Expenditure**
**This year**
**Last year**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Expenditure on raising funds :**
**£**
**£**
**Analysis**
**Section C**
**Notes to the accounts**
**(cont)**
**Note 4 Expenditure**
**This year**
**Last year**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Expenditure on raising funds :**
**£**
**£**
**Analysis**
**Section C**
**Notes to the accounts**
**(cont)**
**Note 4 Expenditure**
**This year**
**Last year**| |---|---|---|---|---|---|---|---|---| |**Expenditure on raising funds :**
**Analysis**
**Note 4 Expenditure**||||||||| |Fundraising consultants|12,153|-|-|12,153|-|-|
-|-| |Merchandise -T Shirts Buckets|473|-|-|
473|-|-|-|-| |**Total expenditure on raising funds**|12,626|-|-|12,626|-|-|
-|-| |**Expenditure on charitable activities:**||||||||| |Research RMR Support|13,760|-|-|13,760|-|-|
-|-| |Administrative Consultancy|20,400|-|-|20,400|-|-|
-|-| |Management and CEO Consultancy|28,371|-|-|28,371|-|-|
-|-| |Bookkeeping|1,100|-|-|1,100|-|-|
-|-| |Recruitment Costs|295|-|-|295|-|-|
-|-| |Staff Expenses|313|-|-|313|-|-|
-|-| |CRM System|3,504|-|-|3,504|-|-|
-|-| |Postage|4,824|-|-|4,824|-|-|
-|-| |Office Rent|196|-|-|196|-|-|
-|-| |Insurance|224|-|-|224|-|-|
-|-| |IT|540|-|-|540|-|-|
-|-| |Bank Charges|2|-|-|
2|-|-|
-|-| |Telephone|156|-|-|156|-|-|
-|-| |Website Maintenance|3,136|-|-|3,136|-|-|
-|-| |Marketing|900|-|-|900|-|-|
-|-| |E-News Subscription|29|-|-|29|-|-|
-|-| |Memberships and Subscriptions|850|-|-|850|-|-|
-|-| |Just Giving Fees|360|-|-|360|-|-|
-|-| |Summit Events Refund|-
320|-|-|-
320|-|-|
-|-| |**Total expenditure on charitable activities**|78,640|-|-|78,640|-|-|
-|-| |**Other**||||||||| |Independent Examiner|780|-|-|780|-|-|-|-| |**Total other expenditure**
**TOTAL EXPENDITURE**|780|-|-|780|-|-|-|-| ||92,046|-|-|92,046|-|-|-|-| CC17a (Excel) 10/08/2021 19 ## **WMUK** **Charity Number 1187121 Company Number 12358324 For the period 11th December 2019 to 31st March 2021** ## **Section C Notes to the accounts (cont)** ## **Note 5 Extraordinary items** ## _**Please explain the nature of each extraordinary item occurring in the period.**_ |**Extraordinary item 1**
**Total extraordinary ite**|**Description**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**| |---|---|---|---| ||Transfer of Net Assets from old charity WMUK on 1st April
2020|128,061|-| ||||| ||**ms**|128,061|-| CC17a (Excel) 10/08/2021 20 ## **WMUK** **Charity Number 1187121 Company Number 12358324 For the period 11th December 2019 to 31st March 2021** ## **Section C Notes to the accounts Note 6 Details of certain types of expenditure** ## **Note 10.1 Fees for examination of the accounts** _**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_ ## **Independent examiner’s fees** |**This year**
**£**|**Last year**
**£**| |---|---| |780|-| CC17a (Excel) 10/08/2021 21 ## **WMUK** **Charity Number 1187121 Company Number 12358324 For the period 11th December 2019 to 31st March 2021** |**Section C**
**Notes to the accounts**|**(cont)**|**(cont)**|**(cont)**| |---|---|---|---| |**Cash at bank and on hand**
**Total**
**Note 7 Cash at bank and in hand**|||| ||**This year**
**£**|**Last year**
**£**|| ||160,832|-|| ||160,832|-|| CC17a (Excel) 10/08/2021 22 ## **WMUK Charity Number 1187121 Company Number 12358324 For the period 11th December 2019 to 31st March 2021** |**Section C**
**Notes to the accounts**
**(cont)**|**Section C**
**Notes to the accounts**
**(cont)**|**Section C**
**Notes to the accounts**
**(cont)**| |---|---|---| |**Note 8 Fair value of assets and liabilities**
**25.1 Please provide details of the charity's**
**exposure to credit risk (the risk of**
**incurring a loss due to a debtor not paying**
**what is owed) , liquidity risk (the risk of not**
**being able to meet short term financial**
**demands) and market risk (the risk that the**
**value of an investment will fall due to**
**changes in the market) arising from**
**financial instruments to which the charity**
**is exposed at the end of the reporting**
**period and explain how the charity**
**manages those risks.**
**25.2 Please give details of the amount of**
**change in the fair value of basic financial**
**instruments (debtors, creditors,**
**investments (see section 11, FRS 102**
**SORP)) measured at fair value through the**
**SoFA that is attributable to changes in**
**credit risk.**
Not applicable
Not applciable
**Thisperiod**
**Lastyear**
Credit risk is low due to income being in the
form of donations. Cash is the only investment
so market risk is low on investment values
falling. Liquidity risk is low as costs are
managed in relation to income received.
Not applicable||| ||
Credit risk is low due to income being in the
form of donations. Cash is the only investment
so market risk is low on investment values
falling. Liquidity risk is low as costs are
managed in relation to income received.|Not applicable| |||| ||Not applicable|Not applciable| CC17a (Excel) 10/08/2021 23 **WMUK Charity Number 1187121 Company Number 12358324 For the period 11th December 2019 to 31st March 2021** |**Section C**||**Notes to the accounts**|**(cont)**| |---|---|---|---| |**Note 9**|**Charity funds**||| ## **9.1 Details of material funds held and movements during the CURRENT reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_ _*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_ |**_funds_**||||||||| |---|---|---|---|---|---|---|---|---| |**Fund names**|**Type PE, EE**
**R or UR ***|**Purpose and Restrictions**|**Fund**
**balances**
**brought**
**forward**
**£**|**Income**
**£**|**Expenditure**
**£**|**Extraordinary**
**Items**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**| |General Fund|UR|Generalallpurposenorestrictions|-|124,817|(92,046)|128,061|-|160,832| |**Total Funds as per balance sheet**|||-|124,817|(92,046)|128,061|-|160,832| |**Fund balances carried forward include assets and liabilities denominated in a foreign currency**||||Yes*
No*
||||| |||||||||| _**If yes, please state the basis on which the assets and/or liabilities have been translated into sterling (or the currency in which the accounts are drawn up).**_ CC17a (Excel) 10/08/2021 24 **WMUK Charity Number 1187121 Company Number 12358324 For the period 11th December 2019 to 31st March 2021** **Section C Notes to the accounts** ## **(cont)** **Note 9 Charity funds** ## **9.2 Details of material funds held and movements during the PREVIOUS reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds' (which should include revaluation reserve and fair value reserve, if applicable). The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_ _*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_ |**Fund names**|**Type PE, EE**
**R or UR ***|**Purpose and Restrictions**|**Fund**
**balances**
**brought**
**forward**
**£**|**Income**
**£**|**Expenditure**
**£**|**Transfers**
**£**|**Gains and**
**losses**
**£**|**Fund**
**balances**
**carried**
**forward**
**£**| |---|---|---|---|---|---|---|---|---| |General Fund|UR|Generalallpurposenorestrictions|-|-|-|-|-|-| |**Total Funds as per balance sheet**|||-|-|-|-|-|-| |**Fund balances carried forward include assets and liabilities denominated in a foreign currency**||||Yes*
No*
||||| |||||||||| CC17a (Excel) 10/08/2021 25 ## **Section C** **Notes to the accounts** **(cont)** ## **Note 10 Transactions with trustees and related parties** _**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_ ## **10.1 Trustee remuneration and benefits** ## **This year** |**None of the trustees have been paid any remuneration or received any other benefits from an**
**employment with their charity or a related entity (True or False)**|**TRUE**| |---|---| ## **10.2 Trustees' expenses** _**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_ **No trustee expenses have been incurred (True or False)** **TRUE** ## **10.3 Transaction(s) with related parties** _**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_ ## **This year** |**Last year**
**There have been no related party transactions in the reporting period (True or False)**
**There have been no related party transactions in the reporting period (True or False)**|**TRUE**| |---|---| ||| ||**TRUE**| CC17a (Excel) 10/08/2021 26