Charity No. 1195182 NOAH'S PINK BALLOON LEUKAEMIA FUND REPORT OF THE TRUSTEES AND UNAUDITED RECEIPTS AND PAYMENTS FOR TrIE YEAR ENDED 31 MARCH 2023 Crowe U.K. LLP Chart?r$d Accountants Black Country House Rounds Green Road otdbury West Midlands 889 2DG
NOAH'S PINK BALLOON LEUKAEMIA FUND CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Page Report of the Trustees Independent Examiner's Report ReIpts and paymenls accounts Stat8ment of assets and liabilities Noles to the Financial Statements
NOAH'S PINK BALLOON LEUKAEMIA FUND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023 REFERENCE AND ADMINISTRATIVE DEfAILS Reglstgred Charlty number 1195182 Prln¢lpal addrgss 22 Ellesmere Road, Twickenham TWI 2DL Twstees S.L. Tesselaar L.C. Greggalns D.J.J.A Tesselaar Independent examlner Crowe U.K. LLP Chartered Accountants Black Country House Rounds Green Road Oldbury Wesl Midlands B69 2DG Page 1
NOAH'S PINK BALLOON LEUKAEMIA FUND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023 The truslees presenl their report wilh the financial stat8menls of the charity for the year ended 31 MaTch 2023. The trvstees have wepared the accounts on a reGeiptS and payments basis. Structuro & Rocrultmont of Trustees The charity is governed by a constitution af a Charrt8ble InCorpoted Organisalton whose Ofty vollng members are ils charity trustees. The Charity was registered on 15 July 2022 and the constitution was amended in October 2023 to dlIce the minimum number OP trustees to iwa. AppoSnted by the founders of Noah's Pink Balloon Leukaemia Fund. Prfnclpal A¢tlvftles and Objecllves Established in Juty 2021, Noah's Ank Balloon Leukaemia Fund was set-up to fund medical research ID Ihe areas of paediatric haematology, paedialric oncology and invasive fungal infections attributable to Ihe high infection risk of blood cancer patients. The Charity was forn)ed in memory and honouT of Noah Tesselaar, who was diagnosed with leukaemia in May 2020 and died on the 5th of June 2020 at the age of five. With Noah al the heart of the fund, tre Charily wants to support the ftrture care, dlagnosts. treatment of children with blood cancer to help sava children's lives. Maln activitles undertaken to further the Gharttys purp¢ lor th• pdohc betwYtt.- The Trustees will only consider fundlng research where in all Cases it is intended that ihe knowledge acquired from the research will be disseminated to the public and others will ¥ie able to use or ben8fit from it, and where the research B condu¢ted for the public beneftt OP ChAdref health and not for commercial gain. Summary of main achievements: The MeOic31 Research Council Cenlre for Medical Mycology IMRC CMMI is located at the university of Exeter. In January 2023 the Trustees visited the laboratories of the MRC CMM in the Geoffrey Pope Building lo meet the re8e8rch team and tour the facilities. Dr. Alyssa Hudson has been working with eleven different species of fungi that cause mucormycosis and with a monoclonal antibody ihal binds to a substance, or antigen. produced by these lungi. Durtllg th(s financial year, the Charity met its funding commitment paying tyle baaTr ot 148,Q74 an 27 March 2023. Our annual income for the period ending 31 March 2Q23 was £52,896. The Charity continues to work with Kew Green Prep and INEOS as stra¥8gic partners. Future plans: With the first project of the Charity, the Noah's Pink Balloon Fellowship coming to an end, the TrLSStees aFe in discussions with Great Ormond Street Hospital (GOSH) about a project invesligating a new DNA edsling technique as a safer, more effective altemative to stem cell IransplanlatiDn foT childien with genetic disorders. having implications for children with a myriad ol conditions. Page 2
Reserves Pollcy Noah's Flnk B3lk)on Leukaemla Fund h8s no paid staff or property so there is no need to hold a finarlcial reserve to cater for this. Operating Results The accounts have been prepared on a receipts and payments basis and the excess of payments over receipts for the year ended 31 March 2023 amounted to £64.77412022 surplus: £73,814). Approved by order of the board of trustees on 1¥01 2ol4 and signed on its bghalf by.. S. L. Tesselaar Trustee Page 3
INDEPENDENT EXAMINEIYS REPORT TO TrfE TRUSTEES OF14OA6('S Vfl4K 8ALLao LEUKAEMIA FUND I report on the accounts for the year ended 31 March 2023 sel out on pages SIX to eleven. This report is made solely to the charity's Twstees, as a ljody, in accordance with Section 745 of the Charities Act 2011 and regulations made under Section 154 of that A¢l. My work has been noÈrt8ken SDth8t I mighl slatelDlhe chartiy's Trusteesthose matters l am required to state to Ihem in an Independenl examiDpi's report and for no olher purpose. To the fullost extent pennitted by law, I Iso not accept or assume responsibilrty to anyone Dlher Ihan the charity and charity s Trustees as a body, for my work or for this report. Respective responslbllllles of trustees and examlner The charily's lrnslees are responsible for Ihe preparation of the accounts. The charity's trustees consider Ihal an audit is nol required for this y9ar (under Section 144{2) of the Charitios Act 2011 (the 2011 Actll and that an independent examinatson is r8quired. It is my responsibility to.. examine the accounts under Section 145 of the 2011 Act to follow the procedures laid down in the General Directions given by the Chari¥y Commission lunder Section 14515)Ib) of the 2011 Act)-, and to slate wh8ther particular matt8rs havo com8 to my attentton. Basis ollhe independent examlner's rnport examination was carried Dut in 8CCOTdance with Ihe Gener81 Direttions given by the Charity Commission. An examinalioFI includes a review of th8 accounting reeords kepl by the charity and a CDmparisDn of the accountg presented with those records. 11 also includes consideration of any unusual ilems or disclosures in accounts, and seeking explanations from you as truste8S ¢DnceTning any such matters. The pro¢edures undertaken do not provide all the evidence th81 would be requireij in an auijit. and Consequently no OPiT3ion is given as to whether the accounts present rue and fair view ' and the report is limited to those matters set out in the statements below. Independont examin¢rfs stst8m8nt In connection with my examination, no matter has come to my att8ntm.' (1) which gives me reasonable cause to bellev8 that, in any material respect, the requiretnents lo keep aGGounting records in accordance with Section 130 of the 201 l Act,- and to prepare accounts which accord wlth the accounting rdS alld lo comply with the accounting requirements of the 2011 Act have not boen met; or (2) IDwhich. in my opinion. attention should be drawn In OTderto enablè a proper understanding of the accounts lo b8 Teached. Helen Blundell LLB FCA FGIE DChA Crowe U.K. LLP Chartered Accountants Black Country House Rounds Green Road Oldbury B69 2DG Date: 18 January 2024 G¢X4X LLP Page 4
NOAH'S PINK BALLOON LEUKAEMIA FUND RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENOEO 31 MARCH 2023 Unr•$trlcted Fund 2023 Total FurKts 2022 Total Funds Recelpts Oonatw)ns and legaaes 52,898 52,696 77,82D Total Re¢•lpts 77 Payments Noah's Pink Balloon Fellowship Ftsndraising pl8ttom costs Printing and pron70tional materials Marketing Event ¢osts A¢countancy Postage and stalw)nery 103,415 889 264 7,421 1.500 3,660 321 103.415 889 264 7.421 1.500 3,660 321 202 390 1.431 1,983 Totsl Paymènt$ Net ol recèlptsl(payrnentsl 164.7741 164,7741 73,814 Transfer CASH FUNDS AT 1 APRIL 2022 CASPI FUNDS AT 31 MARCH 2023 Thè notes fom part of th888 roceipts and payrnents accourts Page 5
NOAH'S PINK BALLOON LEUKAEMJA FUND STATEMENT OF ASSEfs AND LIA81UTIES AT 31 MARCH 2023 Unre¥trlct•d Fund 2023 2022 Cash Funds Cash at Bank CuTr•nt Assets other Debtors cuent Liabilities Other CredlLors ac¢ruais The Tecepts and paymersls accounts were approved by the Board of Twstees on and were signed on its behalf by.. Ig 01 zol S. L. Tesselaar Trust89 Page 6
NOAH'S PINK BALLOON LEUKAEMIA FUND NOTES TO THE RECEIPTS ANO PAYMENTS FOR THE YEAR ENDED 31 MARCH 2023 ACCOUNTING POLICIES The accounts have been prepared on a raceipts and payfflents basis. Basis of preparatlon Noah's P¥nk Ba#oDn LDukaemia fund is a charity govemèd by a constitution of a Charitable Ir>corporaled OTg8nis21ion whose onty voting members are ils charity trustees. It has no share capital. The registered office is 22 Ellesmere Road, Twickenham. TW1 2DL. Its princ¥pal adiv>lie5 aTe lo support medical research in the areas of paediatdc haematology. paedi21ric oncology and invasive fungal infections altribulable lo the hlgh nfectiOn risk of blood cancer patients. Income AIS income Is recognlsed in Receipts and Payments once kne charity has red ftmrts. Expenditure All payments are recognised in Ihe ReGeipts and Paymenls Accourts k*hen tt Is paKt. Taxation The ¢harty 15 exempt from lax on ils charitable activibes. Fund accounllng Gener81 funds are unrestricted funds which are available for use at the dlscr8tion of the Truslees in furtheranc8 of the general objgclives of the charity and which have not been designaled for other purposes. STAFF cosrs, TRUSTEES. REMUNERATION AND BENEFITS Ther8 were no employees during the year or prior year. There have been no remuneralion or expend(ture paid to the trustees during the year orprtor year. Page 7
NOAH'S PINK BALLOON LEUKAEMIA FUND NOTES TO THE RECEIPTS AND PAYMENTS- CONTINUED FOR THE YEAR ENDED 31 MARCH 2023 FUNDS ANALYSIS Balyncè at 0110412022 Incom6 Exp•ndltur• Balance 3110312023 Unrestrict8d Funds Gener81 Funds 814 117470 Total Unre*triet8d Fund• 698 Total Fund$ Page 8