REGISTERED COMPANY NUMBER: 12358324 (England and Wales) REGISTERED CHARITY NUMBER: 1187121
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FOR
WMUK (A COMPANY LIMITED BY GUARANTEE)
Hysons Chartered Accountants 14 London Street Andover Hampshire SP10 2PA
WMUK
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
| Page | |
|---|---|
| Report of the Trustees | 1 to 2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 to 6 |
| Notes to the Financial Statements | 7 to 10 |
WMUK (REGISTERED NUMBER: 12358324)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of 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) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The main purposes and objectives of the charity were:
To promote and protect the physical and mental health of people affected by Waldenstrom's macroglobulinaemia ("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 relating to WM.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
WMUK is the only charity in the UK focused solely on WM, a rare type of blood cancer. Through a dedicated website and information service, WMUK's impact in 2024-25 included:
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We launched the Clinical Trials Hub, the first ever WM-specific searchable database of all WM clinical trials in the UK, giving patients and families accessible information to help have confident and meaningful discussions with their healthcare team about treatment options.
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54% growth in the Support Line use, supporting 228 people with concerns and questions about WM. Our nurses spent 7,092 minutes supporting people on the line by email or phone, with the longest call stretching to 105 minutes.
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Launched the WM Buddy Service, connecting people who have just been diagnosed with trained individuals with lived experience to provide peer support in a safe environment.
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Co-hosted the second European WM Patient Forum. 95% of attendees said they gained more knowledge of the topics discussed.
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Responded to the government's call to evidence for the 10 Year Health Plan and the National Cancer Plan, using data and patient feedback to raise the WM voice from a firm base of evidence, and ensure changes in policy help improve access to care and treatment for everyone affected by WM.
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Ran the largest WM-specific survey, resulting in data that has helped to identify key gaps in care, extend our Support Strategy, and create our strategy for Policy and Advocacy.
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Published the 2nd Edition of the Newly Diagnosed Guide, the only PIF-TICK accredited WM guide for patients and families.
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Grew our network of Healthcare Professionals to increase the breadth of WM understanding across the country, and better understand the challenges faced by HCPs in treating people with WM.
FINANCIAL REVIEW
Financial position
The charity received £423,817 (2024: £538,580) in revenue and finished the financial year with £549,556 (2024: £476,653) in reserves of which £549,556 (2024: £421,653) are unrestricted, which allows for approximately seventeen months of running costs.
Page 1
WMUK (REGISTERED NUMBER: 12358324)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
FINANCIAL REVIEW
Reserves policy
The Trustees have set a level equivalent to 12 months of operating costs for the organisation as a desired level of reserve. This fund is a contingency in the event of a sudden reduction in income in order to protect the future operation of the organisation from the effects of any unforeseen variations in its income and expenditure. It also provides a cash flow buffer for where grants and contracts are paid in arrears. The amount of unrestricted reserves held at the year end was £549,556 (2024: £421,653).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, the Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
12358324 (England and Wales)
Registered Charity number
1187121
Registered office
Foden House 47 London Road Alderley Edge Cheshire SK9 7JT
Trustees
Dr H J M Scorer Ms J C Kidd Mr C G Lilley (resigned 29.10.25)
Independent Examiner
Christopher Joyce FCCA Hysons Chartered Accountants 14 London Street Andover Hampshire SP10 2PA
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 16 December 2025 and signed on its behalf by:
Dr H J M Scorer - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WMUK
Independent examiner's report to the trustees of WMUK ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors 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 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 examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
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:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Christopher Joyce FCCA
Hysons Chartered Accountants 14 London Street Andover Hampshire SP10 2PA
19 December 2025
Page 3
WMUK
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 423,817 Other income - Total 423,817 EXPENDITURE ON Raising funds 3 26,202 Charitable activities 4 WM support, research and information 269,712 Total 295,914 NET INCOME/(EXPENDITURE) 127,903 RECONCILIATION OF FUNDS Total funds brought forward 421,653 TOTAL FUNDS CARRIED FORWARD 549,556 |
Restricted funds £ - - - - 55,000 55,000 (55,000) 55,000 - |
2025 Total funds £ 423,817 - 423,817 26,202 324,712 350,914 72,903 476,653 549,556 |
2024 Total funds £ 538,580 5,000 |
|---|---|---|---|
| 543,580 | |||
| 25,398 287,561 |
|||
| 312,959 | |||
| 230,621 246,032 |
|||
| 476,653 |
The notes form part of these financial statements
Page 4
WMUK (REGISTERED NUMBER: 12358324)
BALANCE SHEET
31 MARCH 2025
| Unrestricted fund Notes £ CURRENT ASSETS Debtors 8 242,133 Cash at bank 319,850 561,983 CREDITORS Amounts falling due within one year 9 (12,427) NET CURRENT ASSETS 549,556 TOTAL ASSETS LESS CURRENT LIABILITIES 549,556 NET ASSETS 549,556 FUNDS 10 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ - - - - - - - |
2025 Total funds £ 242,133 319,850 561,983 (12,427) 549,556 549,556 549,556 549,556 - 549,556 |
2024 Total funds £ 31,137 458,024 489,161 (12,508) 476,653 476,653 476,653 421,653 55,000 476,653 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
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continued...
WMUK (REGISTERED NUMBER: 12358324)
BALANCE SHEET - continued 31 MARCH 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 16 December 2025 and were signed on its behalf by:
Dr H J M Scorer - Trustee
The notes form part of these financial statements
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WMUK
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
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continued...
WMUK
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
2. DONATIONS AND LEGACIES
| Donations Gift aid Legacies 3. RAISING FUNDS Raising donations and legacies Fundraising consultants Fundraising fees 4. CHARITABLE ACTIVITIES COSTS WM support, research and information 5. SUPPORT COSTS |
Direct Costs £ 307,389 |
2025 £ 384,464 39,353 - 423,817 2025 £ 15,638 10,564 26,202 Support costs (see note 5) £ 17,323 |
2024 £ 517,771 18,655 2,154 |
2024 £ 517,771 18,655 2,154 |
|---|---|---|---|---|
| 538,580 | ||||
| 2024 £ 17,642 7,756 25,398 Totals £ 324,712 |
2024 £ 17,642 7,756 |
|||
| 25,398 | ||||
| SUPPORT COSTS | |||||
|---|---|---|---|---|---|
| Information | Governance | ||||
| Management | Finance | technology | costs | Totals | |
| £ | £ | £ | £ | £ | |
| WM support, research | |||||
| and information | 5,654 | 970 | 1,570 | 9,129 | 17,323 |
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
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WMUK
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
7. STAFF COSTS
The average number of employees during the year was 4 (2024: 3).
| 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Social security and other taxes Other creditors Accrued expenses 10. MOVEMENT IN FUNDS At 1.4.24 £ Unrestricted funds General fund 421,653 Restricted funds Access to Care - App 55,000 TOTAL FUNDS 476,653 Net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 423,817 Restricted funds Access to Care - App - TOTAL FUNDS 423,817 |
2025 £ 242,133 2025 £ 5,762 4,829 - 1,836 12,427 Net movement in funds £ 127,903 (55,000) 72,903 Resources expended £ (295,914) (55,000) (350,914) |
|
|---|---|---|
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WMUK
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
10. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net movement At 1.4.23 in funds £ £ Unrestricted funds General fund 206,292 215,361 Restricted funds RMR 39,740 (39,740) Access to Care - App - 55,000 39,740 15,260 TOTAL FUNDS 246,032 230,621 Comparative net movement in funds, included in the above are as follows: Incoming Resources resources expended £ £ Unrestricted funds General fund 338,401 (123,040) Restricted funds RMR - (39,740) Access to Care - App 205,179 (150,179) 205,179 (189,919) TOTAL FUNDS 543,580 (312,959) |
At 31.3.24 £ 421,653 - 55,000 55,000 476,653 Movement in funds £ 215,361 (39,740) 55,000 15,260 230,621 |
|---|---|
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
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