Company registration number: CE026485 Charity registration number: 1195567
## Cancer and Pisces Trust
Annual Report and Financial Statements for the Year Ended 31 December 2024
CI Accountancy Ltd 11-12 The Courtyard St. Mary's Chare Hexham Northumberland NE46 1NH
## **Cancer and Pisces Trust**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 3|
|Independent examiner's report|4|
|Statement of financial activities|5|
|Balance Sheet|6|
|Notes to the financial statements|7 to 11|
|The following pages do not form part of the statutory financial statements:||
Statement of financial activities per fund 12 to 13
## **Cancer and Pisces Trust Reference and Administrative Details**
|**Charity name**|Cancer and Pisces Trust|
|---|---|
|**Charity registration number**|1195567|
|**Company registration number**|CE026485|
|**Principal office**|The Northern Fishing School|
||Swinton Hotel|
||Masham|
||Ripon|
||North Yorkshire|
||HG4 4JH|
|**Registered office**|The Northern Fishing School|
||Swinton Hotel|
||Masham|
||Ripon|
||North Yorkshire|
||HG4 4JH|
|**Trustees**|Ashe George Russell Windham CVO|
||James Clement Royds|
||Sekhar Bahadur|
||Richard Elliott|
||Lara May|
|**Chair**|Ashe George Russell Windham CVO|
|**Accountant**|CI Accountancy Ltd|
||11-12 The Courtyard|
||St. Mary's Chare|
||Hexham|
||Northumberland|
||NE46 1NH|
Page 1
## **Cancer and Pisces Trust**
## **Trustees' Report**
The Cancer and Pisces Trust has steadily built on its mission of providing a completely free day’s fishing and a picnic lunch to cancer sufferers and their carers since its founding in 2021. In previous years, the trust focused on establishing itself, securing funding, and launching its therapeutic angling programs. In 2024, we had expanded our outreach, opening our third centre at Albury near Guildford. Our original centre at Swinton in North Yorkshire is now well established and is usually booked up for each of the days which we offer. The second centre at Holbury near Romsey in Hampshire, which opened in 2023, is well on the way to full capacity. Albury has been a little slower to get going but is gaining traction. For each venue, we offer one weekday early each month from May to October, months inclusive, to host our members. The trustees decided that 2025 would be a year of consolidation, not least because our managing director, Marina Gibson, told us that she would be having a baby in March 2025. Having been safely delivered of a girl, Marina is on maternity leave until July. We are now seeking a fourth centre, possibly in Scotland, to open in 2026.
The Cancer and Pisces Trust's progress can be measured through several key metrics:
**Financial Transparency** : The **c** haritable incorporated organisation (CIO) has consistently submitted its annual returns and accounts on time, demonstrating strong governance and accountability. In 2022, the trust reported a total gross income of £55, 590, with expenditure of £22,190. By 2023 **,** the trust’s income had more than doubled to £113,700 thanks to a large fund raising dinner held in London in November that year, while expenditure increased to £49,340 **.** In 2024, the CIO’s income declined to £31,967, whilst expenses fell from last year to £35,822. The reason for the fall in expenditure is because, although we provided approximately 35% more days’ fishing for our members, we have reduced lunch to a ‘meal deal’ type offering which is surprisingly proving more popular with our members and all our guides and hosts are now giving their time for free. Given that we have some £115,000 in the bank, we can afford a small loss each year, whilst the trustees see no need for any large fund raising event in the next two or three years. We are now receiving regular funds from a couple of charities who recognise the value of what we are doing and also from individuals who appreciate the work the CIO is doing.
**Program Expansion** : The trust has now broadened its outreach to three venues, offering therapeutic fishing experiences to more participants, including young people. The trust now engages with The Teenage Cancer Trust and has run two separate afternoons for that worthwhile charity, whilst our liaison with the excellent Maggie’s Centre continues to flourish.
**Community Engagement** : Increased participation in the monthly events at our three centres suggests growing awareness and involvement in the trust’s mission. We are enormously fortunate that our guides and hosts for each venue provide their services for free, which helps our finances a good deal, as explained above. Feedback from those who volunteer their valuable time has been very positive, universally recognising the benefits to themselves from helping others, whilst their contribution is essential to the operations of the charity and to the well-being of our members.
In summary, 2024 was a busy year but a successful one, whilst we look forward to the future with growing confidence.
Page 2
## **Cancer and Pisces Trust**
## **Trustees' Report**
Approved by the Trustees and signed on their behalf by:
## ~~.........................................~~
Ashe George Russell Windham CVO (Jun7, 2025, 5:55am) Ashe George Russell Windham CVO Trustee 07 Jun 2025 Date:................................
~~.........................................~~ Richard Elliott (Jun 7, 2025, 11:18am) Richard Elliott Trustee 07 Jun 2025 Date:................................
~~........................................~~ .
James Royds (Jun 6, 2025,10:53am) James Clement Royds Trustee 06 Jun 2025 Date:................................
~~.........................................~~ Lara May (Jun 10, 2025, 3:22pm) Lara May Trustee 10 Jun 2025 Date:................................
## Sekhar Bahadur
.........................................
Sekhar Bahadur (Jun 6, 2025, 12:57pm) Sekhar Bahadur Trustee 06 Jun 2025 Date:................................
Page 3
## **Independent Examiner's Report to the Trustees of**
## **Cancer and Pisces Trust**
I report on the accounts of the Trust for the year ended 31 December 2024, which are set out on pages 5 to 11.
## **Respective responsibilities of trustees and examiner**
The trustees are responsible for the preparation of the accounts. The 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 needed.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- follow the procedures laid down in the General Directions given by the Charity Commission under section 145 (5) (b) of the 2011 Act; and
- state whether particular matters have come to my attention.
## **Basis of 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 statement 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 Act; and
- to prepare accounts which accord with the accounting records and 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.
......................................... CI Accountancy Ltd CI Accountancy Ltd (Jun 10, 2025,3:37pm) 10 Jun 2025 Date:................................
11-12 The Courtyard St. Mary's Chare Hexham Northumberland NE46 1NH
Page 4
## **Cancer and Pisces Trust**
## **Statement of Financial Activities for the Year Ended 31 December 2024**
|**Note**
**Incoming resources**
Incoming resources from generated funds
Voluntary income
2
Activities for generating funds
3
Investment income
4
Total incoming resources
**Resources expended**
Costs of generating funds
Costs of generating voluntary income
5
Fundraising trading: cost of goods sold and other
costs
5
Governance costs
5
Total resources expended
Net movements in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Unrestricted**
**Funds**
**£**
24,490
3,313
4,164
31,967
-
34,742
1,080
35,822
(3,855)
119,066
115,211|**Total Funds**
**2024**
**£**
24,490
3,313
4,164
31,967
-
34,742
1,080
35,822
(3,855)
119,066
115,211|**Total Funds**
**2023**
**£**
111,496
2,208
-|
|---|---|---|---|
||||113,704|
||||14,440
32,801
2,100|
||||49,341|
||||64,363
54,703|
||||119,066|
All incoming resources and resources expended derive from continuing activities.
The charity has no recognised gains or losses for the year other than the results above.
The notes on pages 7 to 11 form an integral part of these financial statements.
Page 5
## **Cancer and Pisces Trust (Registration number: CE026485)**
## **Balance Sheet as at 31 December 2024**
|**Note**
**Fixed assets**
Tangible assets
8
**Current assets**
Debtors
9
Cash at bank and in hand
**Creditors: Amounts falling**
**due within one year**
10
**Net current assets**
**Net assets**
**The funds of the charity:**
**Restricted funds**
**Unrestricted funds**
Unrestricted income funds
**Total charity funds**|**2024**
**£**
**£**
259
350
117,392
117,742
(2,790)
114,952
115,211
-
115,211
115,211|**2023**
**£**
**£**
323
145
124,034
124,179
(5,436)
118,743
119,066
-
119,066
119,066|**2023**
**£**
**£**
323
145
124,034
124,179
(5,436)
118,743
119,066
-
119,066
119,066|
|---|---|---|---|
||||119,066|
||||-
119,066|
||||119,066|
Approved by the Board on ................... and signed on its behalf by:
......................................... ......................................... Ashe George Russell Windham CVO Ashe George Russell Windham CVO (Jun7, 2025, 5:55am) James Royds (Jun 6, 2025,10:53am) James Clement Royds Trustee Trustee ......................................... ......................................... Richard Elliott (Jun 7, 2025, 11:18am) Lara May (Jun 10, 2025, 3:22pm) Richard Elliott Lara May Trustee Trustee
Sekhar Bahadur
.........................................
Sekhar Bahadur (Jun 6, 2025,12:57pm) Sekhar Bahadur Trustee
The notes on pages 7 to 11 form an integral part of these financial statements.
Page 6
**Notes to the Financial Statements for the Year Ended 31 December 2024**
## **Cancer and Pisces Trust**
## **1 Accounting policies**
## **Basis of preparation**
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice 'Accounting and Reporting by Charities (SORP 2005)', issued in March 2005, applicable accounting standards and the Charities Act 2011.
## **Fund accounting policy**
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Further details of each fund are disclosed in note 12.
## **Incoming resources**
Donations are recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
Shop income is recognised as earned (that is, as the related goods or services are provided).
Investment income is recognised on a receivable basis.
## **Resources expended**
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes.
## **Governance costs**
Governance costs include costs of the preparation and examination of the statutory accounts, the costs of trustee meetings and the cost of any legal advice to trustees on governance or constitutional matters.
## **Fixed assets**
Individual fixed assets costing £100 or more are initially recorded at cost.
## **Depreciation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Fixtures, fittings and equipment
20% reducing balance basis
Page 7
## **Cancer and Pisces Trust**
## **Notes to the Financial Statements for the Year Ended 31 December 2024**
_......... continued_
## **2 Voluntary income**
|**Donations and legacies**
Appeals and donations
**Grants**
Grants receivable
**Activities for generating funds**
**Operating activity 1**
Sales of purchased goods
Interest on cash deposits
**nvestment income**
Interest on cash deposits|**Unrestricted**
**Funds**
**£**
24,490
-
24,490
**Unrestricted**
**Funds**
**£**
3,313
-
3,313
**Unrestricted**
**Funds**
**£**
4,164|**Total Funds**
**2024**
**£**
24,490
-
24,490
**Total Funds**
**2024**
**£**
3,313
-
3,313
**Total Funds**
**2024**
**£**
4,164|**Total Funds**
**2023**
**£**
97,056
14,440|
|---|---|---|---|
||||111,496|
||||**Total Funds**
**2023**
**£**
1,608
600|
||||2,208|
||||**Total Funds**
**2023**
**£**
-|
## **3 Activities for generating funds**
## **4 Investment income**
Interest on cash deposits
Page 8
## **Cancer and Pisces Trust**
## **Notes to the Financial Statements for the Year Ended 31 December 2024**
_......... continued_
## **5 Total resources expended**
|**Direct costs**
Cost of goods sold
Employment costs
Establishment costs
Repairs and maintenance
Office expenses
Printing, posting and stationery
Sundry and other costs
Motor expenses
Travel and subsistence
Advertising and promotion
Accountancy fees
Legal and professional costs
Bank charges
Depreciation of tangible fixed assets|**Operating**
**activity 1**
**£**
3,358
15,689
645
2,448
1,548
1,103
8,166
228
354
650
-
70
419
64
34,742|**Governance**
**£**
-
-
-
-
-
-
-
-
-
-
1,080
-
-
-
1,080|**Total**
**£**
3,358
15,689
645
2,448
1,548
1,103
8,166
228
354
650
1,080
70
419
64|
|---|---|---|---|
||||35,822|
## **6 Trustees' remuneration and expenses**
No trustees received any remuneration during the year.
## **7 Net (expenditure)/income**
Net (expenditure)/income is stated after charging:
Depreciation of owned assets
|**2024**||**2023**||
|---|---|---|---|
|**£**||**£**||
||64||80|
Page 9
## **Cancer and Pisces Trust**
## **Notes to the Financial Statements for the Year Ended 31 December 2024**
_......... continued_
## **8 Tangible fixed assets**
|**Cost**
Additions
**Depreciation**
As at 1 January 2024
Charge for the year
As at 31 December 2024
**Net book value**
As at 31 December 2024
As at 31 December 2023|**Fixtures,**
**fittings and**
**equipment**
**£**
403
80
64
144
259
(80)|
|---|---|
## **9 Debtors**
|Trade debtors
**Creditors: Amounts falling due within one year**
Trade creditors
Other creditors
Accruals and deferred income|**2024**
**£**
350
**2024**
**£**
667
983
1,140
2,790|**2023**
**£**
145|
|---|---|---|
|||**2023**
**£**
2,887
149
2,400|
|||5,436|
## **10 Creditors: Amounts falling due within one year**
Page 10
## **Cancer and Pisces Trust**
## **Notes to the Financial Statements for the Year Ended 31 December 2024**
_......... continued_
## **11 Related parties**
## **Controlling entity**
The charity is controlled by the trustees.
## **12 Analysis of funds**
|**General Funds**
Unrestricted income fund|**At 1**
**January**
**2024**
**£**
119,066|**Incoming**
**resources**
**£**
31,967|**Resources**
**expended**
**£**
(35,822)|**At 31**
**December**
**2024**
**£**
115,211|
|---|---|---|---|---|
## **13 Net assets by fund**
|Tangible assets
Current assets
Creditors: Amounts falling due within one year
Net assets|**Unrestricted**
**Funds**
**£**
259
117,742
(2,790)
115,211|**Total Funds**
**2024**
**£**
259
117,742
(2,790)
115,211|**Total Funds**
**2023**
**£**
323
124,179
(5,436)|
|---|---|---|---|
||||119,066|
Page 11
## **Cancer and Pisces Trust**
## **Statement of financial activities by fund Year Ended 31 December 2024**
|**Incoming resources**
Incoming resources from generated funds
Voluntary income
Activities for generating funds
Investment income
Total incoming resources
**Resources expended**
Costs of generating funds
Costs of generating voluntary income
Fundraising trading: cost of goods sold and other costs
Governance costs
Total resources expended
Net movements in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward|**Unrestricted**
**income fund**
**2024**
**£**
24,490
3,313
4,164
31,967
-
34,742
1,080
35,822
(3,855)
119,066
115,211|**Unrestricted**
**income fund**
**2023**
**£**
107,056
2,208
-|
|---|---|---|
|||109,264|
|||10,000
32,801
2,100|
|||44,901|
|||64,363
54,703|
|||119,066|
This page does not form part of the statutory financial statements.
Page 12
## **Cancer and Pisces Trust**
## **Statement of financial activities by fund Year Ended 31 December 2024**
|_......... continued_
**Incoming resources**
Incoming resources from generated funds
Voluntary income
Total incoming resources
**Resources expended**
Costs of generating funds
Costs of generating voluntary income
Fundraising trading: cost of goods sold and other costs
Total resources expended
**Reconciliation of funds**
Total funds carried forward|**Restricted**
**income**
**fund 1**
**2024**
**£**
-
-
-
-
-
-|**Restricted**
**income**
**fund 1**
**2023**
**£**
4,440|
|---|---|---|
|||4,440|
|||4,440
-|
|||4,440|
||||
|||-|
This page does not form part of the statutory financial statements.
Page 13