**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: - 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. - 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. - 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. - Co-hosted the second European WM Patient Forum. 95% of attendees said they gained more knowledge of the topics discussed. - 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. - 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. - Published the 2nd Edition of the Newly Diagnosed Guide, the only PIF-TICK accredited WM guide for patients and families. - 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: 1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. 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 4. 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 - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (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 Page 5 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 Page 6 **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. Page 7 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. Page 8 continued... **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)|| |---|---|---| Page 9 continued... **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. Page 10