**Charity No. 1195182** ## **NOAH’S PINK BALLOON LEUKAEMIA FUND** ## **REPORT OF THE TRUSTEES AND UNAUDITED RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 MARCH 2024** Crowe U.K. LLP Chartered Accountants Black Country House Rounds Green Road Oldbury West Midlands B69 2DG ## **NOAH’S PINK BALLOON LEUKAEMIA FUND** **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024** ||Page| |---|---| |Report of the Trustees|1 - 3| |Independent Examiner's Report|4| |Receipts and payments accounts|5| |Statement of assets and liabilities|6| |Notes to the Financial Statements|7 - 8| ## **NOAH’S PINK BALLOON LEUKAEMIA FUND** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024** ## **REFERENCE AND ADMINISTRATIVE DETAILS** **Registered Charity number** 1195182 ## **Principal address** 14 Claremont Road Twickenham TW1 2QY ## **Trustees** S.L. Tesselaar L.C. Greggains (Resigned 01/02/2024) D.J.J.A Tesselaar ## **Independent examiner** Crowe U.K. LLP Chartered Accountants Black Country House Rounds Green Road Oldbury West Midlands B69 2DG Page 1 ## **NOAH’S PINK BALLOON LEUKAEMIA FUND** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024** The trustees present their report with the financial statements of the charity for the year ended 31[st] March 2024. The trustees have prepared the accounts on a receipts and payments basis. ## **Structure & Recruitment of Trustees** The charity is governed by a constitution of a Charitable Incorporated Organization whose only voting members are its charity trustees. The Charity was registered on 15[th] July 2021 and the constitution was amended in October 2023 to reduce the minimum number of trustees to two. The Charity received the resignation of Lucy Greggains, previously a Trustee, on 1[st] February 2024. Appointed by the founders of Noah’s Pink Balloon Leukaemia Fund. ## **Principal Activities and Objectives** Established in July 2021, Noah’s Pink Balloon Leukaemia Fund was set-up to fund medical research in the areas of pediatric hematology, pediatric oncology and invasive fungal infections attributable to the high infection risk of blood cancer patients. The Charity was formed in memory and honour of Noah Tesselaar, who was diagnosed with leukaemia in May 2020 and died on the 5[th] June 2020 at the age of five. With Noah at the heart of the fund, the Charity wants to support the future care, diagnosis, and treatment of children with blood cancer to help save children's lives. ## **Main activities undertaken to further the charity’s purpose for the public benefit** The Trustees will only consider funding research where in all cases it is intended that the knowledge acquired from the research will be disseminated to the public and others will be able to use or benefit from it, and where the research is conducted for the public benefit of Childrens’ health and not for commercial gain. ## **Summary of main achievements** From 1[st] April 2023 onwards, the research of Dr. Alyssa Hudson into the invasive fungal infection, mucormycosis continued at the Medical Research Council Centre for Medical Mycology (MRC CMM) located at the University of Exeter with the following highlights: An educational day on the 9[th ] May 2023, where the Charity’s Fellow Dr Alyssa Hudson, Professor Adilia Warris and Rachel Etherington from the MRC CMM visited Kew Green Preparatory School. It was also a great opportunity for the pupils and teachers to see how their fundraising efforts have directly benefited the research Fellowship. During the week 3[rd] -5[th] September 2023, Noah’s Pink Balloon Leukaemia Fund Fellow Dr Alyssa Hudson presented her work at the British Society of Medical Mycology Conference in Manchester, and to mark the end of her Fellowship, on 16[th] December 2023, she graduated with distinction with a Master of Research (MRes) in Medical Mycology and Fungal Immunology. The Trustees had the pleasure of attending her graduation ceremony and meeting her family. Page 2 Discussions be￿een the Charity and Great Ormond Street Hospital Children's Charity {GOSH) for the benefit of Great Omiond Street Hospital for Children NHS Foundation Trust {the "Foundation Trust-l concluded on 8 January 2024. Last financial year, on 26 January 2024, the first payment of £80.000 was made. Our annual inwme for the period ending 3161 March 2024 was £77,716. Future plan$ Noah's Pink Balloon Leuka8mla Fund will be working wilh Great Om)ond Street Hospital Children's Ch8rty IGOSHI for the next 3 years to assist in the financin9 of 8 Potentially safer and more precise technique to offer children with leukaemia andlor rare genetic disorders a kind8r aKernattve to a bone marrow or stem c611 transplant. The research project is called 'Base editing for gentle repair of fragile DNA dlsorders,. 11 will be18d by Professor Waseem Qasim gt the Foundation Trusl. Reserves pollcy Noah's Pink Balloon Leukaemia Fund has no paid staff or property so Ih8f8 is no need to hold a financial reseNe to cater for this. Operallng Results The accounts have been prepared on a r￿ipts and paymonts basis and the excess of payments over receipts for the year ended 31￿ March 2024 amounted to £5.51112023 excess.. £64,774) Approved by the b of trustees on i 5 0 2oZ k and signed on its behalf by: S. L Tesselaar Tnjstee Page 3 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NOAH’S PINK BALLOON LEUKAEMIA FUND** I report on the accounts for the year ended 31[st] March 2024 set out on pages five to eight. This report is made solely to the charity’s Trustees, as a body, in accordance with Section 145 of the Charities Act 2011 and regulations made under Section 154 of that Act. My work has been undertaken so that I might state to the charity’s Trustees those matters I am required to state to them in an Independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and charity’s Trustees as a body, for my work or for this report. ## **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 year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required. ## 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 Charity Commission (under Section 145(5)(b) of the 2011 Act); and - to state whether particular matters have come to my attention. ## **Basis of the independent examiner's report** My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below. ## **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 2011 Act; and - to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 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. Helen Blundell LLB FCA FCIE DChA Crowe U.K. LLP Chartered Accountants Black Country House Rounds Green Road Oldbury B69 2DG Date: 16 October 2024 Page 4 ## **NOAH’S PINK BALLOON LEUKAEMIA FUND** ## **RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024** ||**Unrestricted**|**2024**|**2023**| |---|---|---|---| ||**Fund**|**Total**|**Total**| |||**Funds**|**Funds**| ||£|**£**|£| |**Receipts**|||| |Donations and legacies|**77,716**|**77,716**|
52,696| |**Total Receipts**|**77,716**|**77,716**|52,696| |**Payments**|||| |Noah’s Pink Balloon Fellowship|**80,000**|**80,000**|103,415| |Fundraising platform costs|**562**|**562**|889| |Printing and promotional materials|**-**|**-**|264| |Marketing|**542**|**542**|7,421| |Event costs|**-**|**-**|1,500| |Accountancy|**1,800**|**1,800**|3,660| |Postage and stationery|**-**|**-**|321| |Insurance|**323**|**323**|-| |**Total Payments**|**83,227**|**83,227**|117,470| |Net of receipts/(payments)|**(5,511)**|**(5,511)**|(64,774)| |Transfer|**-**|**-**|-| |CASH FUNDS AT 1 APRIL 2023|**9,040**|**9,040**|73,814| |CASH FUNDS AT 31 MARCH 2024|**3,529**|**3,529**|9,040| The notes form part of these receipts and payments accounts Page 5 NOAH'S PINK BALLOON LEUKAEMIA FUND STATEMENT OF ASSEfs AND LIABILmE8 AT 31 MARCH 2024 Unrn$trlcted Fund 2024 2023 Cash Funds Cash at Bank Curr•ftt Llabilltl•s Other Creditols and 8ccru818 The roceipts and payments accounts were approved by the Board of Tfuste6s on and were signed on i behalf by: IS- OcLTLer 2oL esselaar Trustee Page 6 ## **NOAH’S PINK BALLOON LEUKAEMIA FUND** ## **NOTES TO THE RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 MARCH 2024** ## **1. ACCOUNTING POLICIES** The accounts have been prepared on a receipts and payments basis. ## **Basis of preparation** Noah's Pink Balloon Leukaemia fund is a charity governed by a constitution of a Charitable Incorporated Organisation whose only voting members are its charity trustees. It has no share capital. The registered office is 14 Claremont Road, Twickenham, TW1 2QY. Its principal activities are to support medical research in the areas of paediatric haematology, paediatric oncology and invasive fungal infections attributable to the high infection risk of blood cancer patients. During the year, the charity changed its registered office from 22 Ellesmere Road, Twickenham, TW1 2DL to 14 Claremont Road, Twickenham, TW1 2QY. ## **Income** All income is recognised in Receipts and Payments once the charity has received funds. ## **Expenditure** All payments are recognised in the Receipts and Payments Accounts when it is paid. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. ## **2. STAFF COSTS, TRUSTEES' REMUNERATION AND BENEFITS** There were no employees during the year or prior year. There have been no remuneration or expenditure paid to the trustees during the year or prior year. Page 7 ## **NOAH’S PINK BALLOON LEUKAEMIA FUND** ## **NOTES TO THE RECEIPTS AND PAYMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2024** ## **3. FUNDS ANALYSIS** |**.**
**FUNDS ANALYSIS**||||| |---|---|---|---|---| ||**Balance at**|**Income**|**Expenditure**|**Balance**| ||**01/04/2023**|||**31/03/2024**| ||£|£|£|£| |**Unrestricted Funds**||||| |General Funds|9,040|77,716|(83,227)|3,529| |**Total Unrestricted Funds**|**9,040**|**77,716**|**(83,227)**|**3,529**| |**Total Funds**|**9,040**|**77,716**|**(83,227)**|**3,529**| Page 8