## **ANNUAL REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025** (Charitable Incorporated Organisation) ## **CHARITY REGISTRATION No: 1190392** Castle View Accounting Ltd Ground Floor Offices 53 High Street Arundel West Sussex BN18 9AJ ## **RAY OF LIGHT CANCER SUPPORT** (Charitable Incorporated Organisation) ## **CONTENTS** |Page 2|Contents| |---|---| |Page 3|Legal & Administrative Information| |Pages 4 to 14|Trustees' Report| |Pages 15|Statement of Trustees' Responsibilities| |Page 16|Statement of Financial Activities| |Page 17|Balance Sheet| |Pages 18 to 25|Notes to the Financial Statements| |Page 26|Independent Examiner's Report| 2 ## **RAY OF LIGHT CANCER SUPPORT** (Charitable Incorporated Organisation) ## **LEGAL AND ADMINISTRATIVE INFORMATION** **CHARITY NUMBER** 1190392 **DATE OF REGISTRATION** 13th July 2020 **START OF FINANCIAL YEAR** 1st April 2024 **END OF FINANCIAL YEAR** 31st March 2025 **TRUSTEES AT 31ST MARCH 2025** Sofia Spagnoli Sindy Richards Lisa Nurton **LEGAL STATUS** Charitable Incorporated Organisation **GOVERNING INSTRUMENT** CIO - Foundation Registered 13th July 2020 ## **OBJECTS** For the public benefit to relieve the needs of, and preserve and protect the good health and wellbeing amongst people diagnosed with and recovering from cancer (including their family and carers who have been affected by such cancer) in Wales and such other parts of the UK as the Trustees shall determine, in particular but not exclusively by providing; health, social counselling, education, creative, musical and recreational activities and services. Transport to and from medical appointments and support through advocacy. Assistance with practical tasks, such as shopping and obtaining essential medication. Peer to peer support, befriending, advice, information and signposting services designed to better inform and assist peoples in need of support. ## **CORRESPONDENCE ADDRESS** ## **PRIMARY BANKERS** ## **INDEPENDENT EXAMINERS** The Meadows Peterston Road Groesfaen Pontyclun Mid Glamorgan CF72 8NU Lloyds Bank Plc 25 Gresham Street London EC2V 7HN Castle View Accounting Ltd Ground Floor Offices 53 High Street Arundel West Sussex BN18 9AJ 3 Cancer Support ANNUAL REPORT 2024/2025 REGISTERED CHARITY NO.1190392 Of Cancer Syp MISSION STATEMENT -,11 Ra!. ol l.ight (:ancL'i' siipp()i'l. i)iii' niis%ii)n 1,% l() i)i'()i'idL' fi'LL', liiirli-(iiialiL!' afi'ec lcd l)i' caiiLei'. IN'C ai'c (Ic(licalccl to ii)aki lig ,511 I'C Ci.'Ci'!.' IiciicficiJri' c'clii accc5b IIIL social. praclical Iiiid eiiiotionLiI %iiiiport tliei- nccil, tailiircd tu Ilicii- iiidii-idiial L ii-cuni,sLdiiLL%. Ilre l)eliei'e no one slioiil(I face calicei. aloiie aiid oiii. sei'i'ices al'e desigiie(I to iiiiI'l iii'c ii-clll)cing aiid sli'ciigLIIcii rcsiliciicc Ilii'ouglioiit tlic journc!T 11()re than just d %erN'ice. Rai. ()f Light 1% a commiinil!" ol (di-e. ufierin.g Luinpassiun, iin(lei'staiidi ii.g an(1 coiinection to iiidii-iduals, tlieii. fainilies, fi'ieiids aiid cai'ci's. MEET THE TEAM SLTE NORRIS FOLNDF.R.4ND OPF.EL4TIONAL DIRF.CTOR .Siie di'aii's oil hei- eNten.5ii"e b¢iLk%i-oiin(l in 50Lial cal-e dll(I hei. i)i%n Iiei'%niial cxi)ci'ieiice nf siii)i)ni'tiiig Iintl) liei. i)ai'ent% aiid olliei. clo%e rainili- IiiL'inl)L'i'% Ilii'i)Ii¥li LdiiLL'I'. l)iii'iii¥ Ilial IiiiiL. slIL' ()flL Tl fLIL Iii%t aiid isultilL.d. il'liiLII ii)41)il'L'd IIL'I. Iu Ll'L¢ile cl Sdle %i)clLL' foi. ulliL'I' faLiTig %ilTiilai' c114111L'Ii%L%. li-tiiil l)e%aii a.8 a siiiall iiiilialii'e lias Siiice %i'oM'ii iiito a I.e￿iste1'ed l)L'liC'fiLiai'ic'% aiid fiiiiiilie% affccli.d l)i' LAI)cei'. ,l.s Llie I'uiiiidei.. %Lie LuiiliiiiiL.s lu ledil Llie Ilevelui)riieiiL ¢lTiII (Icl!.'_lo-(lil!' lilaiiii￿CTi)elII ()( Ilie cl)ai'iti s %ei'i'ices. Lii%iii'iii% Ll)L}' adapt to iiieLt IliL' LliclTlkYiIIX IIL'L.d.s ul IhL' cuinmiiiiil!. M'L. %L'I'I'e. IiTr;IlTr;C,C,.A ()'M.,11 IONEI, i)i{()I I,;(:'I' 11.,IN..I(;I,'II lTri'()jL'cl Ilaiia.£L'I' dll(I I'i'()jL'LI I.L'dll'iL'lcls IIL'xL'iiL'i'al i()n 'l'i'ii%l. hL'I Iiinsr I'L'ac li I'diiii l IL',% in disadi.'aii La%ed coiiiinuiii lie%: aiid tl)e Il'el%li (iOI'CI'iii)ieJil and (',ai'ei's I'1'u%t. ii'lio li'ii e fli iidl'd OLlI' slioi'l Bi'eak% i)i'o.gi'aiiiine Ji)d i'ital %iii)i)oi"I foi. carei'%. Il'e also 'L'in'iiii .¥raLL'lul (() l()Lal l)U%lllL'.%.%L'.%, c liai'it'il)IL' li'u%t%, d()n()i"%, and Iiiiidrai%Lr% r()r Ihcii. c()nliniiL(l Lvnli'il)IiLioiis. Tl) 1,5 fiiniling hds cndblLd 11.5 l() pi'oi-idc a ii-idL i-aiigc uf supi)(ii'L. ijicluding eiiioLioiiJl aiid pi'acLicJl help. fainili. aclii-ilics. ci'cJlii-c Ni-clll)ciiig gi-oiiiis. aii(I pccr connccLioiis Ilii'oiigli miisic. arts aiicl coiniiiiinil!. ei-enls. Ei-erN- act of suI)port hds hLIIiLd us i'LcliiLL isulaLioii and bL'illgY L onifoi'l Lo LhosL gruiiigT Ihi'uugli iiici'edil)l&' tough linies. Oil belialf of Ra!- of Liglit C;ancei' Siipport. l M-aiit to tliaiik oiir flinders. especiall the National Lottei'!- for l)eliei'in.g in oiii. ii'ork. 'I'o oiii. trustees. thank l'ou for N'our guiclanLL': Lo OLII. s Lal'l. lui. i'oui. comi)dSSlUlI aiid hai'cl ii'oi'k: and lo oui. N olun LL'L'I'S, i'liose dedication sliiiies tliroii.gli in ei-ei'i-tliing li'e do. 'fo.getliei', li'e al'e bi'in.ging li,gliL, supi)orl, aiid eonneclioii lo Iliose M'ho iieed it inost. Lisa Nui'lnn Ti'easurer A MCssAG,E,FROM THE FOUND£.R I Ni'anl t() %aN' a heai'llelt thank !-()ii tn The Ni ati()nal L()Ilery foi. their c()ntiiiiJe(I siipi)ort. Tlieir hackiiig has lielped Tlie lu.sl .4Sk Pi'ojecl grom: into a space Nvhere y, I people 4lft'ected b), cancel" feel sceii. supi)orted and neN'er alone. Y ils e stei) into our toui'th year, we i'eiiiain £'ocused on ii.'hal i'eall}' mattel's listening to i)eoi)le. i'esponiliiig to tlieii. iieeds. aiid ci'eatiiig spaces tliat offer comfoi't, coiiiiectioIi and care. 11.'L' I'L, sli'eiigllieiie(i oiii. Teleplioiie Befi'ieiiiliiig sei'i'ice. ii'liicli is a liieliiie i'or Iho%L' M'lio nii.4hL iiu I l)L' I'L'aili' oi. **INCOMING RESOURCES**
**Incoming Resources from Generated Funds**
Donations, Grants & Legacies
**3a**
Investment Income
**3b**
Other Incoming Resources
**3c**
**TOTAL INCOMING RESOURCES**
**RESOURCES EXPENDED**
**Costs of Generating Funds**
Cost of Charitable Activities
**4a**
Governance Costs
**4b**
**TOTAL RESOURCES EXPENDED**
**NET INCOMING (OUTGOING) RESOURCES**
Funds Brought Forward
Transfer Between Funds
**2 & 6**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2024/25**
**2023/24**
£
£
£
£
£
3,759
-
246,731
250,490
188,964
-
-
-
-
1
4,170
-
100
4,270
4,743
**7,929**
**-**
**246,831**
**254,760**
**193,708**
4,225
-
227,391
231,616
187,285
1,380
-
835
2,215
969
**5,605**
**-**
**228,226**
**233,831**
**188,254**
**2,324**
**-**
**18,605**
**20,929**
**5,454**
9,888
-
63,334
73,222
67,768
14,499
-
(14,499)
-
-
**26,711**
**-**
**67,440**
**94,151**
**73,222**| |---|---| Movements on all reserves and all recognised gains and losses are shown above. All of the organisation's operations are classed as continuing. The notes on pages 18 to 25 form part of these financial statements. 16 RAY OF LIOHT CANCER SUPPORT BALA14CE SHEET ASAT 31ST IAARCH 2025 TOTAL 31.11￿2$ TOTAL 31.Mar.24 10A74 10A74 In￿51￿￿nIS Totsi Flx•d AM•ts 10.874 10.874 Curr•nt A•g•ts D•blors & Prwywrfntl C¥¥li ¥1 Y1￿ iii Totsi CurnntAb••ts 17.217 17.217 87,440 84,657 44,657 73,222 73,22Z 10 TCURAENT AsseTS 15m7 83.277 TJ222 24711 67 94.1J1 n222 11 67 73 Vund¥ofth•Chvlty 2&711 26,711 C•s*nated Fun Ree¢rkt•d Fwd• 67,440 63,324 TOTAL¢HARITY FUIIDS 24711 67A40 Iq.l(x125.......... Printed Na LISI WAfD 17 ## **RAY OF LIGHT CANCER SUPPORT** (Charitable Incorporated Organisation) ## **NOTES TO THE FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDED 31ST MARCH 2025** ## **1. ACCOUNTING POLICIES** ## **Basis of Preparation & Assessment of Going Concern** ## **Basis of Preparation** The financial statements 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 financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP 2015) (Second Edition, effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Charities Act 2011. The Charity meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost unless otherwise stated in the relevant accounting policy notes. ## **Assessment of Going Concern** Preparation of the accounts is on a going concern basis. The trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern. ## **Incoming Resources** ## _**Recognition of Incoming Resources**_ These are included in the Statement of Financial Activities (SOFA) when: ▪ the charity becomes entitled to the resources; ▪ the trustees are virtually certain they will receive the resources; and ▪ the monetary value can be measured with sufficient reliability ## _**Incoming Resources with Related Expenditure**_ Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resource and related expenditure are reported gross in the SOFA. ## _**Grants and Donations**_ Grants and Donations are only included in the SOFA when the charity has unconditional entitlement to the resources. ## _**Tax Reclaims on Donations and Gifts**_ Incoming resources from tax reclaims are included in the SOFA at the same time as the gift to which they relate. ## _**Contractual Income and Performance Related Grants**_ This is only included in the SOFA once the related goods or services have been delivered. ## _**Gifts in Kind**_ Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. Gifts in kind for use by the charity are included in the SOFA as incoming resources when receivable. ## _**Donated Services and Facilities**_ These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received. ## _**Volunteer Help**_ The value of any voluntary help received is not included in the accounts. ## _**Investment Income**_ This is included in the accounts when receivable. ## _**Investment Gains and Losses**_ This included any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. 18 ## **RAY OF LIGHT CANCER SUPPORT** (Charitable Incorporated Organisation) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025** ## **1. ACCOUNTING POLICIES (continued)** ## **Expenditure and Liabilities** ## _**Liability Recognition**_ Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. ## _**Governance Costs**_ Include costs of the preparation and examination of statutory accounts, the costs of the trustees meetings and cost of any legal advice to trustees on governance or constitutional matters. ## _**Grants with Performance Conditions**_ 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. ## _**Grants Payable without Performance Conditions**_ These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity. ## _**Unrestricted Funds**_ These funds can be used for the general objectives of the charity as set out in the trustees report. The movements of the unrestricted funds are given in the Statement of Financial Activities. ## _**Restricted Funds**_ These funds are where the donor has specified a purpose for the donation made. These restrictions often arise as a result of appeals for special offerings for specific purposes. ## _**Designated Funds**_ These funds are funds set aside by the trustees out of unrestricted general funds for particular purposes or projects. ## _**Fixed Assets**_ Fixed Assets are capitalised if they can be used for more than one year and cost at least £1,500. They are valued at cost or, if gifted, at the value to the charity on receipt. ## _**Depreciation Expense**_ Depreciation is calculated at a rate to write off the cost of tangible fixed assets over their estimated useful lives. The rates applied are as follows: Fixtures, Fittings and Equipment 25% - Straight Line Basis Motor Vehicles 25% - Straight Line Basis ## **2. TANGIBLE FIXED ASSETS** |Cost
01-Apr-24
Additions
Cost Value at
31-Mar-25
Depreciation
01-Apr-24
Charge
Depreciation at
31-Mar-25
Net Book Value
31-Mar-25
Net Book Value
31-Mar-24|Motor
Fittings &
**Total**
Vehicles
Equipment
**2024/25**
£
£
£
-
-
-
14,499
-
14,499
14,499
-
14,499
-
-
-
3,625
-
3,625
3,625
-
3,625
**10,874**
**-**
**10,874**
**-**
**-**
**-**| |---|---| The annual commitments under non-cancelling operating leases and capital commitments are as follows: 31st March 2025: None 31st March 2024: None 19 ## **RAY OF LIGHT CANCER SUPPORT** (Charitable Incorporated Organisation) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025** ## **3. INCOMING RESOURCES** |**Note**
**a) Donations, Grants & Legacies**
Gifts & Donations
Grants Received
**6**
**b) Investment Income**
Interest
**c) Other Incoming Resources**
Sundry Income
**6**|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2024/25**
**2023/24**
£
£
£
£
£
3,759
-
-
3,759
1,770
-
-
246,731
246,731
187,194
**3,759**
**-**
**246,731**
**250,490**
**188,964**
-
-
-
-
1
**-**
**-**
**-**
**-**
**1**
4,170
-
100
4,270
4,743
**4,170**
**-**
**100**
**4,270**
**4,743**| |---|---| 20 ## **RAY OF LIGHT CANCER SUPPORT** (Charitable Incorporated Organisation) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025** ## **4. RESOURCES EXPENDED** |**Note**
**a) Cost of Charitable Activities**
Activities & Events
**6**
Advertising & Publicity
**6**
Bank Charges
Depreciation Expense
Equipment Costs
**6**
Insurance Costs
**6**
License & Subscriptions
**6**
Motor Vehicle Expenses
**6**
Office Costs
**6**
Premises Expense
**6**
Repairs & Maintenance
**6**
Staff Costs
**6**
Sundry Expenses
**6**
Training Costs
**6**
Travel & Hospitality
**6**
Utility Costs
**6**
Volunteers Expenses
**6**
Website Costs
**6**
**b) Governance Costs**
Independent Examiners Fees
**10**
Legal & Professional Fees
**6**|Unrestricted
Designated
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
Funds
**2024/25**
**2023/24**
£
£
£
£
£
482
-
39,961
40,443
38,574
-
-
1,615
1,615
1,722
4
-
-
4
-
3,625
-
-
3,625
-
-
-
2,300
2,300
2,619
-
-
715
715
548
-
-
1,260
1,260
553
-
-
1,652
1,652
-
-
-
541
541
522
-
-
11,171
11,171
5,298
114
-
23,412
23,526
151
-
-
132,462
132,462
127,153
-
-
53
53
147
-
-
987
987
1,364
-
-
5,874
5,874
5,043
-
-
958
958
942
-
-
1,537
1,537
1,114
-
-
2,893
2,893
1,535
**4,225**
**-**
**227,391**
**231,616**
**187,285**
**-**
1,380
-
-
1,380
-
-
-
835
835
969
**1,380**
**-**
**835**
**2,215**
**969**| |---|---| 21 ## **RAY OF LIGHT CANCER SUPPORT** (Charitable Incorporated Organisation) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025** ## **5. DESIGNATED FUNDS** The CIO held no designated funds during this or the financial year. ## **6. RESTRICTED FUNDS** ## **CURRENT FINANCIAL YEAR** |Amser Continuation Fund
Amser Project
Awards for All
BUPA Fund
Carers Grant Fund
Carers Trust
Coalfields Fund
Community Matters Grant
Interlink Fund
Just Ask Yr 1
Just Ask Yr 2
Just Ask Yr 2 Extra
Just Ask Yr 3
Just Ask-Extra
Lloyds Bank Foundation
MacMillan Fund
Magic Stars
Moondance Foundation
RCT Multiply Grant
RCT Warm Hub & Lunches|**Balance**
**Balance**
**01-Apr-04**
Income
Expenditure
Transfers
**31-Mar-25**
£
£
£
£
£
-
31,417
31,417
-
-
1,696
-
1,665
-
31
407
19,291
816
(9,553)
9,329
1
145
146
-
-
1,989
21,168
23,157
-
-
-
5,220
5,220
-
-
-
17,000
10,565
-
6,435
-
4,980
3,892
-
1,088
-
1,000
919
-
81
-
116,185
101,827
-
14,358
-
-
103
-
(103)
13,992
-
7,503
(3,614)
2,875
15,851
(10,759)
5,092
-
-
-
32,500
14,217
-
18,283
500
(500)
-
-
-
12,397
-
11,409
-
988
-
-
-
-
-
16,501
-
1,101
(1,333)
14,067
-
7,239
7,238
-
1
-
1,945
1,939
-
6
**63,334**
**246,831**
**228,226**
**(14,499)**
**67,440**| |---|---| 22 ## **RAY OF LIGHT CANCER SUPPORT** (Charitable Incorporated Organisation) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025** ## **5. RESTRICTED FUNDS (Continued)** ## **PREVIOUS FINANCIAL PERIOD** |Ambassadors Fund
Amser Project
Awards for All
BUPA Fund
Carers Grant
Carers Trust
Green Shoots
Just Ask Yr 2
Just Ask Yr 2 Extra
Just Ask Yr 3
Lloyds Bank Foundation
MacMillan Fund
Magic Stars
Moondance Foundation
Neighbourly Foundation
Prosperity Fund
RCT Warm Hub & Lunches|**Balance**
**Balance**
**01-Apr-03**
Income
Expenditure
Transfers
**31-Mar-24**
£
£
£
£
£
-
275
275
-
-
-
35,909
34,213
-
1,696
407
-
-
-
407
-
1,301
1,300
-
1
-
10,706
8,717
-
1,989
-
10,750
10,750
-
-
-
4,950
4,950
-
-
19,202
17,558
36,760
-
-
25,824
-
11,832
-
13,992
-
90,785
74,934
-
15,851
-
500
-
-
500
-
13,836
1,439
-
12,397
-
506
506
-
-
16,501
-
-
-
16,501
-
118
118
-
-
436
-
436
-
-
1,986
-
1,986
-
-
**64,356**
**187,194**
**188,216**
**-**
**63,334**| |---|---| The Restricted Funds held are wholly represented by the CIO's cash reserves and are to be expended as specified above. 23 ## **RAY OF LIGHT CANCER SUPPORT** (Charitable Incorporated Organisation) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025** ## **7. INVESTMENTS** The CIO held no fixed assets investments during this or the financial year. ## **8. CASH AT BANK AND IN HAND** ||Unrestricted|Restricted|**TOTAL**
**TOTAL**| |---|---|---|---| ||Fund|Fund|**31-Mar-25**
**31-Mar-24**| ||£|£|**£**
**£**| |Cash at Bank & in Hand|17,217|67,440
84,657
73,222|| ||**17,217**|**67,440**
**84,657**
**73,222**|| |**9. DEBTORS AND PREPAYMENTS**
Sundry Debtors|Unrestricted
Fund
£
-|Restricted
Fund
£|**TOTAL**
**TOTAL**
**31-Mar-25**
**31-Mar-24**
**£**
**£**
-
-
-| ||**-**||**-**
**-**
**-**| |**10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Independent Examiners Fees|Unrestricted
Fund
£
1,380|Restricted
Fund
£|**TOTAL**
**TOTAL**
**31-Mar-25**
**31-Mar-24**
**£**
**£**
-
1,380
-| ||**1,380**||**-**
**1,380**
**-**| ## **11. CREDITORS: AMOUNTS FALLING DUE IN MORE THAN ONE YEAR** The CIO held no long term liabilities during this or the financial year. ## **12. NET ASSETS BETWEEN FUNDS** |Fixed Asset Investments
Net Current Assets
Long Term Liabilities|Unrestricted
Restricted
**TOTAL**
**TOTAL**
Funds
Funds
**31-Mar-25**
**31-Mar-24**
£
£
£
£
-
-
-
-
26,711
67,440
94,151
136,127
-
-
-
-
**26,711**
**67,440**
**94,151**
**136,127**| |---|---| 24 ## **RAY OF LIGHT CANCER SUPPORT** (Charitable Incorporated Organisation) ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST MARCH 2025** ## **13. STAFF COSTS AND NUMBERS** |Gross Wages, Salaries & Fees
Employer's National Insurance Costs
Pension Contributions
Employees who were engaged in each of the following activities:
Charitable Activities|**TOTAL**
**2024/25**
£
116,050
9,829
6,584
**132,462**
**TOTAL**
**2024/25**
5|**TOTAL**
**2023/24**
£
111,263
9,723
6,167
**127,153**
**TOTAL**
**2023/24**
5| |---|---|---| The Charity operates a PAYE scheme to pay all members of employed staff and no employees received emoluments in excess of £60,000 (2023/24:None). ## **14. TRUSTEES AND OTHER RELATED PARTIES** No payments were made to trustees or any persons connected with them during this financial period. No material transaction took place between the organisation and a trustee or any person connected with them. ## **15. RISK ASSESSMENT** The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on an annual basis will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks. ## **16. RESERVES POLICY** The Trustees have considered the level of reserves they wish to retain, appropriate to the CIO's needs. This is based on the CIO's size and the level of financial commitments held. The Trustees aim to ensure the CIO will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The Trustees will endeavour not to set aside funds unnecessarily. ## **17. PUBLIC BENEFIT** The CIO acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the CIO has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the CIO should undertake. 25 ## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS** Report to the trustees/ members of Ray of Light Cancer Support on the accounts for the year ended 31st March 2025 set out on pages 16 to 25. ## **Respective Responsibilities of Trustees and Examiner** The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this period under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to: - Examine the accounts under section 145 of the Charities Act, - Follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - State whether particular matters have come to my attention ## **Basis of Independent Examiner’s Statement** I conducted my examination in accordance with the General Directions given by the Charity Commissioners for England & Wales in relation to the conducting of an independent examination, referred to above. An independent examination includes a review of the accounting records kept by the Charity and of the accounting systems employed by the Charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of the Charities legislation and that the financial statements comply with the SORP, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements. The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the trustees in the course of the examination is not subjected to audit tests or enquiries, and consequently I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below. The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Association of Accounting Technicians. I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtain written assurances from the trustees of all material matters. ## **Independent Examiner's Statement** In connection with my examination, no matter has come to my attention: 1. which gives me reasonable cause to believe that in any material respect, the requirements: - to keep accounting records in accordance with section 130 of the Charities Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. K. Collaku MAAT Castle View Accounting Ltd Ground Floor Offices 53 High Street Arundel West Sussex BN18 9AJ Date: 22nd December 2025 26