Charity No. 1195182
NOAH’S PINK BALLOON LEUKAEMIA FUND
REPORT OF THE TRUSTEES AND UNAUDITED RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 MARCH 2025
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 2025
| 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 2025
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number 1195182
Principal address
14 Claremont Road Twickenham TW1 2QY
Trustees
S.L. Tesselaar D.J.J.A Tesselaar
Independent examiner
Crowe U.K. LLP Chartered Accountants Black Country House Rounds Green Road Oldbury West Midlands B69 2DG
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NOAH’S PINK BALLOON LEUKAEMIA FUND
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. 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 July 2021, and the constitution was amended in October 2023 to reduce the minimum number of trustees to two.
There have been no structure or governance changes this financial year.
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 05th of 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 Children’s health and not for commercial gain.
Summary of main achievements
Following the successful completion of Noah’s Pink Balloon Fellowship at the Medical Research Council Centre for Medical Mycology (MRC CMM) located at the university of Exeter, the Trustees, the medical community and our supporters were proud to have the research of Dr. Alyssa Hudson published in the Medical Journal of Infectious Diseases entitled Characterization of the Spatiotemporal Localization of a Pan-Mucorales–Specific Antigen During Germination and Immunohistochemistry.
04th September marked the start of our collaboration with King’s House School, Richmond, which has been a very rewarding partnership for the final quarter of 2024. Events included two school assemblies to help raise awareness and promote the importance of medical research. The fundraising calendar has included a Wearing Pink Day in November and the Christmas Fair on 07th December 2024.
The Charity also received the Annual Impact report in relation to our project entitled "Base Editing for gentle repair of fragile DNA disorders” for the benefit of Great Ormond Street Hospital for Children NHS Foundation Trust (the “Foundation Trust”) and made the second payment of £25,000 on 07th February 2025. Our annual income for the period ending 31st March 2025 was £25,404.
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Firture Plans The Charity is committed to {letIng our Current research project with Great Omiond Street Hospital lor Children. Reserve8 poIIcy Noah's Pink Balloon Leukaemia Fund has no paKI staff or prop8ty SO there is no need to hold a financlal reserve to cater for this. Operatlng Re8uII8 The a¢counts have b8en prepared on a receipts and payments basis and the excess of paymenls over receios for the year ended 31ai March 2025 amounted to £3.508 (2024 8XC8ss: £5,511) Approved by the board of Irustees on I i . o S. 20 2 5 and slgned on its behalf by: Tesseiaar Trustge 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 2025 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:
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examine the accounts under Section 145 of the 2011 Act
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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
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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
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to keep accounting records in accordance with Section 130 of the 2011 Act; and
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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
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(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: 28 August 2025
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NOAH’S PINK BALLOON LEUKAEMIA FUND
RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted | 2025 | 2024 | |
|---|---|---|---|
| Fund | Total | Total | |
| Funds | Funds | ||
| £ | £ | £ | |
| Receipts | |||
| Donations and legacies | 25,404 | 25,404 | 77,716 |
| Total Receipts | 25,404 | 25,404 | 77,716 |
| Payments | |||
| GOSH research project | 25,000 | 25,000 | 80,000 |
| Fundraising platform costs | 360 | 360 | 562 |
| Printing and promotional materials | 921 | 921 | - |
| Marketing | 353 | 353 | 542 |
| Accountancy | 1,950 | 1,950 | 1,800 |
| Insurance | 328 | 328 | 323 |
| Total Payments | 28,912 | 28,912 | 83,227 |
| Net of receipts/(payments) | (3,508) | (3,508) | (5,511) |
| Transfer | - | - | - |
| CASH FUNDS AT 1 APRIL 2024 | 3,529 | 3,529 | 9,040 |
| CASH FUNDS AT 31 MARCH 2025 | 21 | 21 | 3,529 |
The notes form part of these receipts and payments accounts
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NOAHE PIM( BALLOON LEUKAEMIA FUND STATEMEiif OF ASSEfs AND UABILMES AT 31 MARCH 21Y25 Fund Cath Fund• Cash at Bank Currwrt Ll•blllth• Olhei Creditor8 and ruBlI ar#J were 81oned on its behalf by: S. L. Tesselaar Truslee Page 6
NOAH’S PINK BALLOON LEUKAEMIA FUND
NOTES TO THE RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 MARCH 2025
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.
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.
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