CHARITY REGISTRATION NUMBER: 1196513 Sheffield Area Kidney Association Unaudited Financial Statements 31 May 2025 HEB Chartered accountants 2 Westbrook Court Sharrow Vale Road Sheffield S118YZ LETHWAI
Sheffield Area Kidney Association Flnancial Statements Year ended 31 May 2025 Pages Trustees, annual report Independent examinerfs report to the trustees Stalement of financial activities Statement of financial position Notes to the financial statements 1to6 10t015
Sheffield Area Kidney Association Trustees, Annual Report Year ended 31 May 2025 The Injstees present their report and the unaudited financial statements of the tharity for the year ended 31 May 2025. Reference and administrative detsils Registered charity name Sheffield Area Kidney Association Charity registratlon nurnber 1196513 Prin¢ipal offlcg 7 Talbol Place Sheffield S2 2SS Thg trustees Mr R Brighl MrsSJBurt Mr D W Marshall Mr P J Beallie Mr P Joynson Mrs G 8ealtie Mrs K Radford Mrs C J Thompson Mr A Raftery Mrs V Broadley Independent examiner Richard Murdoch FCA 2 Westbrook Court Sharrow Vale Road Sheffield S11 8YZ
Sheffield Area Kidney Association Trustees. Annual Report{tontsnued) Year ended 31 May 2025 Structure> governance and management How the charity is constituted SAKA is 3 Charitable Incorporated Organisation made up of members and run by il's truslae5. Trustee Meetings The committee of Iruslees meet monthly to discuss developments in renal care at local hospitals as well as lo consider grant and funding requests from patients and the medical profession. Cash book summaries are produced every month by the Treasurer lo enable the committee of Iruslees lo make informed finanoal decisions that are In the best Interest of the charity. A scheme of delegation is in place and day lo day responsibility for the adminislralion of the charity rests with the officers, namely Chairman. Vice-chairman, Treasurer, Secretary and any such officers a$ the Annual General Meeting shall determine from lime lo time. Rècrultment and Tralning of Trust8es Trustees are appointed based on them having an intere51 in, and being able lo contribute posillvely lo, the objectives of SAKA. New Iruslees are Inducted lo the charity via the monthly meetings held and formal training is available lo all Iruslees where this Is deemed appropriate. Risk Management SAKA revie Ils risk profile each year prior lo renffim'ng ils insurance policy and. where appropriate, systems and procedures have been oslablished lo miligale the n$ks that SAKA faee3.
Sheffield Area Kidney Association Trustees, Annual Report (contlntsed) Year ended 31 May 2025 Objgctives and activities Sheffield Area Kidney Association (SAKAI was established lo offer help and assistance lo renal patients and their relatives. and lo promote and encourage research into renal disease and kidney failure,. and lo disseminate the resulls thereof. The objectives of the charity are set out in Ils governing document, as adopted in November 2021. Summary of the main activities undertakgn for the public benefit in relatlon to these objèctlve8 In planning our activities for the year we kept in mind the Charity Commissions guidance on public benefit al our trustee meetings-. The fu$ of our activities remains advancing grants and assistance lo renal patients in difficulty (following the advice of the renal social worker) and in abvdrding grants lo the medical profession for studies into renal disease. In addition we help lo keep Renal care at the forefront of Ihe minds of the various Hospital trusts through our allendance of Direclorale Management Team meetings. Finally, we continue lo keep Renal patients informed with news and updates through our website. social media and e-newsleller.
Sheffield Area Kidney Association Trustees, Annual Report (conlinued) Year ended 31 May 2025 Achievements and perfomiance SAKA Performance and Achievements 2024-25 During this period, the 8oaTd of SAKA CIO has mel regulady lo maintain overssghl of the affairs of the charity, mee11ng six bmes in all. either face-to-face or virtually, to conduct business as appropriate, and provide the focus necessary lo ensure that our charilable objects are being met. As ever, all meetings have been formally recorded in minutes that weie subsequently approved and filed for easy access rf required. These inGlu¢e a note of discussion topics and decisions taken. not least in respect of grant aid for patient3, and other expenditures The standing agenda includes an activity report from (he Chairman, and as required by our Conslilulion a financial updale from the Treasufer, as well as regular feports on relevant medical and social work issues. including grant application5. Issues of Interest or concern are considered on an ad hoc basis, with any necessary aclion delegaled lo lal named individu81{sl who subsequently report back to the Board on progfess lo ensure Ihal actions aTe carried through as well as possible. From a governance point of view. our ten trustees have maintained close contact with developments and all meetings have been quorate. As Is customary. we confirmed arrangements for our meeting cyrle, dales and venues. and where appropriate idenlifwng meetings wh1ch would be held virtually. We introduced an Aclion Log, lo help streamline Board business and an 'Events Calendarf lo iterate key dales and establish timelines. There has been some necessary reflection on, and fine tuning of our grant pro¢edure$ in response lo atypical requesls lor assistance. To assure ourselves that our funds are being appropriately managed, we maintained our contract with Hebblelhwailes of Sheffield lo review SAKA'S accounts. and continued our relationship with RPG Finance. Rolherham, for invesiment advice. The turbulence in the markets encouraged us lo revisit our Investment slrategy leading lo a decision to re-allocate our funds lo new fund managers yielding a beller relum. SAKA carried through Ils proposed support fof Kidney Beam, a national digital physiolherapy plarform designed exclusively for renal palienls, and ullimalely Invested £60,000 in this initiative, which pleasingly went on lo the coveted 2025 Pnx Galien UK Laureate for Best Digital Fleallh Solution and continues ils mission lo become available to every UK renal patient. Sadly, we look Ihe decision lo disband the SAI<A Lottery a5 relalively few people had responded lo the opportunity. The Board has continued lo receive and consider requesls for grant aid from palienls in need, although surprisingly there were slightly lewer applicalions dunng Ihis year despite the Increasing cost of living. Such requests are presented by a member ol the specialist Renal Social Work team, who have a standing invitation to join committee meetings, and who supply evidence and background information in support of each request. after whh ITvslees decide on the amount of grant aid lo be given. Truslees. discretlOn8ry powers have been lesled lo Ihe limit as more applications were presented without all the relevant Informalion from patienls, perhaps an indication of Ihe diff icull lifestyl8 endured by some palienls. However, during the year, a lolal of £6.789 was expended on direct grant aid lo fourteen Individual patients. This Included awarding hardship grants for living costs, £1,120 towards holiday dialysis costs for two patients. and the purchase of items of furniture and domestic appliances A total of £507 was spent on blood pressure monitors for home use by the parents of renal patients al the Sheffield Children's Hospital. and pill tyjxes for patients under the care ol the Sheffield Hospitals Foundation Trust, where SAKA also mel the c051 of producing the renal dietitians. regular newsleller Vve agreed lo contribute £6.000 p a. for three years towards the cost of upgrading and modernising the Palienl Transplant Education Facility, the inlroduclion of which was previously enabled by a a grant from SAKA.
Sheffield Area Kidney Association Trustees. Annual Report (contintsed) Year ended 31 May 2025 Additionally. the Board provided £300 to the Renal &Kial Vvorkers. fund for emergency situation5. Also palienl-facing, as is customary, SAKA once again sponsored the Sheffield Adult Team al this year's 8rilish Transplant Games at a total cost of £6,196. Our expanded conlracls for a benefits advice Service from Age UK Sheffield and Age UK Barnsley respectively. continued lo pay dividends with commendably high returns for those patients involved. The cost lo SAKA of £8.000 per year for Sheffield and £8.952 for Barnsley was deemed good value for rnoney. Progress towards establishing a means of supporting the mental health of renal patients was slower than had been hoped bul remained a key objective Efforts were made lo re-inslale two elective bursaries in memory of Dr Margaret Plalls. a orocess which was carried through lo the following year. SAKA continued to represent patient interests. notably al the monihly meetings of the Renal Dlrectorate Management Team, but also on an in(Jividual basis when necessary. One issue of concern was the inadequate perforniance of Phlebotomy Services although service improved over an extended period of lime. We supported and were represenled al the Direclorale's Service of Remembrance We also continued our practice of recognising the hard work of renal staff by donating some gifts of chocolate al Christmas lime. a small gesture, but. we believe. well-received. The Board has continued lo make funds available for local rese8r¢h into renal disease an¢J ils Irealmenl. although once again dLtring this year we have received no applications lo fund such work. However. as usual, SAKA did supporl hospital Colleagues In an event lo mark Vvodd Kidney Day. Allhougtt once again lundraising has not featured prominently In our work this year, income has nonetheless been steady rf relatively modest and down on last year. We benefilled from 'Jusl Giving, donation5 of £1,145 and £1.515 in general donations. One noteworthy initiative taken lo raise awarene55 of SAKA - and parti¢ularly the need for organ donation was lo commission a sel of adverlisemenls on local buses. These were reporledly widely noliced an(J well-received and may provide a platform for future campaigns. Work to promote the need for organ donors continued as a priority. Our database of consliluenls and supporters has conlinue(J to grow sloimy, and bolh our Facebook page and our website have been consislenlly accessed by patients, with 16.583 website visits in-year laveraging over 45 per dayl, up by 29% on the previous year We look back on a year where we have begun lo exercise our ability to act on a bigger scale than ever before and look forward with confidence lo maintaining Ihis attitude for the benefit of even more palienls and their families.
Sheffield Area Kidney Association Trustees. Annual Report (continued) Year ended 31 May 2025 Financial revlew The continued kind support of members of the association as well as monies received from those associated wlh Renal disease is vital lo SAKA'S ability lo continue Ils works. Overall the association has recorded a surplus for the year of £974 compared lo a surplus for the 2024 year end of £84,850,. however, this is after temporary movements on the valuation of long term investmen13 which recorded a gain for the year of £29,574 {2024 gain £46,779). Al the year end SAKA held £101.813 {2024 £266.9291 in various bank accounts aThJ had unrestricted funds of £1,396,682 12024 £1,395,708). These funds are held lo ensure SAKA have sufficienl resources lo meet current commitments as well as lo ensufe the charitable works of the association can continue. SAKA hold £12,000 in a reserve fund. included within restricted funds, to ensure the charity can meet one full year of njnning costs in the case of financial distress. Plans for future p8riods In Ihe coming year SAKA will continue lo cary out il's C objectives of offering help and assistance lo renal patien13 and their relatives. and promoting and encouraging research into Renal disease and kidney failure,. and lo disseminate the results thereof. The Iruslees, annual report was approved on 12 February 2026 and signed on behalf of the board of Irusleès by.. Mr D W Marshall Truslee Mr P J Beattie Trustee
Sheffield Area Kidney Association Independent Examiner's Report to the Trustees of Sheffield Area Kidney Association Year ended 31 May 2025 I report to the trustees on my examination of the financial statements of Sheffield Area Kidney Association I'lhe charity,) for the year ended 31 May 2025. Responsibilitiès and basls of roport As the Iruslees of the charrty you are responsible for the preparation of the financial slalemenls in accordance with the requirement5 of the Charities Act 2011 I'lhe Acl'l I report In respect of my examination of the ¢haritys financial statements carned out under section 145 of tht 2011 Act and In Carryng out my examination I have followed 811 the applicable Directions givon by the Charity Commission under section 145{5Mbl of the Act. Indepondent examiner's statement I have completed my examination. I confirm that no material mallers have come lo my allenlion in connection with the examination giving me cause lo believe that in any material respect.. accounting records were not kepl in respect of Ihe charity as required by section 130 of the Act.. or the financial stalemenl$ do not acCd with those ocords,. or Ihe financial slalemenls do not comply wlh the applicable requiTrmenls concerning the form and conlenl of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requifemenl Ihal the accounts give a 'lrue and fair, view which is not a maller considered as part of an independent examinalion. I have no concerns and have come across no other matters in connection with the examination lo which allenlion should be drawn In this report In order lo enable a proper understanding of the accounts lo be reached. Richard Murdoch FCA Indep*ndent Examiner 2 Westbrook Court Sharrow Vale Road Sheffield S11 8YZ 17 February 2026
Sheffield Area Kidney Association Statement of Financial Activities Year ended 31 May 2025 2025 Reslricled funds Total funds 2024 Unresiricled funds Total funds Income and endowments Donations and legacies Charitable activities Investment Income 2,660 2.000 12,393 2,660 2,000 12,393 28,285 4,327 40,724 73.336 Total income 17,053 17.053 Exponditure Expenditure on raising funds.. Charitable activities Other expenditure Total expondlturg 35,777 9,876 45,653 35.777 9.876 34,287 978 45,653 35,265 Nel gains on investments 29.574 29.574 46,779 Net income and n•t mov•rngnl In funds 974 974 84,850 Reconciliation of funds Total funds brought forward Total funds carried forward 1,395.708 12,000 1.407,708 1.322,858 1,407, 708 1.396,682 I2,0 1,408.682 The statement of financial activities includes all gains and losses recognised in the year. All Income and expenditure derive from continuing activities. The notes on pages 10 to 15 forn part of these financial statements.
Sheffield Area Kidney Association Statement of Financial Position 31 May 2025 2025 2024 Note Current assets Investments Cash al bank and in hand 12 1,310,002 101,813 1.145,930 266,929 1.411,815 1.412.859 Credltors= amounts falllng due within ono year Net current a¥s¢ts 13 3,133 5,151 1.408,682 1.407.708 Total assets less current Ilablllties 1,408.682 1.407,708 Net assets 1,408.682 1,407.708 Funds of the charlty Reslricled funds Unreslricled funds 12,000 1,396.682 12,000 1,395,708 Total charity funds 14 1,408,682 1.407.708 These financial stalemenls were approved by Ihe t#Mrd of Iruslees and aulhorised for issue on 12 February 2026, and are signed on behalf of the board by.. Mr D W Marshall Trustee Mr P J Beattie Trustee The notes on pages 10 to 15 form part of the$¢ finan¢ial statements.
Sheffield Area Kidney Association Notes to the Financial Statements Year ended 31 May 2025 General Infonnation The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 7 Talbol Place, Sheffield. S2 2SS. Statement of compliance These financial slalemenls have been prepared in compliance with FRS 102, The Financi21 r<eportin9 Standard applicable in the UK and Ihe Republic of Irelgnd., the Statement of Recommended Practice agplicable lo chanlies preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Charities SORP IFRS 10211 and the Charities Act 2011. Accountlno policies Basis of prèparatlon The financial slalemenls have been prepared on the historical cost basis, as modified by the revaluation of certain financial assels and liabilities and investment properties measured al fair value Ihroijgh income or expenditure. The finar181 slatemenls are prepared in sleding. which is the functional currency of the enlily. Going concern There are no material uncertainties about the charivs ability lo continue. Judgements and key source¥ ol estlmatlon uncertalnty The preparation of the financial $latemenls requires management to make iudgemenls, eslimales an¢J assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors. including expectations of future events that are believed to be reasonable under the circumstances. In the opinion of the management and Eruslees. there are no judgements or key sources of eslimalion uncertainty that have a signrficanl impact on Ihe financial stalemenls, other Ihan those highlighted below Fund accounting Unreslricled funds are available for use al Ihe discretion of the trustees lo further any of the charitys purposes. Designated funds are unrestri¢led funds earmarked by the trustees for particu18r future project or commitment. Restricted funds are subjected to restriclK*ns on their expenditure declared by the donor or through the terms of an appeal. 8nd fall Into one of iwo subdasses.. restricted income funds or endowment funds. 10
Sheffield Area Kidney Association Notes to the Financial Statements iconllntsed) Year ended 31 May 2025 Accounting policies (continued) Incoming resources All Incoming resources are included in the slalemenl of financial activities when entitlement has passed to the charity.. it is probable that the economic benefits assClated with the transaction will flow lo the charity and the amount can be reliably measured. The following specific policies are applied lo particular categories of Income". income from donations or grants is recognised when there is evidence of enlillemenl lo Ihe gift. receipt is probable and ils amount can be measured reliably. legacy income is recognised when receipl is probable and entillemenl is established. income from donated goods Is measured al the fair value of the goods unless this is impractical lo rneasure reliably, in which case the value is derived from the cost lo the donor or the eslimaled resale value Donaleiy facilities and services are recognised In the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunleers. income from contracts for the supply of services Is recognised wlh the delivery of the contracted service. Thi$ Is classrfied as unrestricted funds unless there is a contractual requirement for Il lo be spent on a partioJlar purwse and tUrned rf unspent. in which case il may be regarded as reslncled. Resources expended Expenditure is recognised on an accruals basis a$ a liability is incurred. Expondilure includes any VAT which cannot be fully recovered, and 1$ dassifiod under headings of the slalement of financial activities lo which Il relates.. expenditure on raising funds includes the costs of all fundraising aclivilies, events, non- charitable trading aclivilies, and the sale of donated goods. expenditure on eharilable activities includes all costs Ineurred ty 8 charity in undertaking activities Ihal further its charitable aims for the benefit of Ils beneficiaries, including those support costs and costs relaiing to the govemance of the charity apportioned to charitable aclivilies. olher expenditure indudes all expenditure that is neilher related lo raising funds for the charity nor part of Ils expenditure on charitable aclwities. All costs are allocated lo expenditure categories reflecting the use of the resource. Direct costs attributable lo a single activity are allocated direcuy lo Ihal activity. Shared costs are apportioned between the aclivilies they contribute to on a reasonable. justifiable and consislenl b8SI$. 11
Sheffield Area Kidney Association Notes to the Financial Statements (conlinuedj Year ended 31 May 2025 Accounting policies (continued) Financial instruments A financial asset or a financial liability is recognised Only when the entity become5 a parly to the contractual provisions of the inslrumenl. Basic financial instruments are initially recognised at the amount receivable or payable including any r81at8d tr8nsaclion costs. unless the affangement constitutes a financing transaction. where il is recognised al ihe present value of the future payynenls discounted al a market rale of interest for a similar debt inslrumenl. Current assets and current liabilitie5 are subsequently measured al the cash or other Gonsideralion expected lo be paid or received and not discounled. Debt instruments are subsequenuy measured al amortised cosl. Donatlons and lègacle8 Unreslricled Total Funds Unreslricled Total Funds Funds 2025 Funds 2024 Donations Donalions 2,660 9.284 9,284 Legacies Legacy Bequests 19.001 19,001 28,285 2,660 28,285 haritablo actlvltles UnSIri¢ted Total Funds Unreslricled Total Funds Funds 2025 Funds 2024 Income from Transplant Games 2.000 2,000 4.327 4,327 Invoslment Income Unreslricled Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Income from investments Bank Interest Received 33 12.360 33 12,360 35,261 5.463 35.261 5,463 12,393 12,393 40.724 40,724 12
Sheffield Area Kidney Association Notes to the Financial Statements (contsnued) Year ended 31 May 2025 Charitable activities Unreslricled Total Funds Unrestricted Total Funds Funds 2025 Fund5 2024 Social Work Fund Patient Aid Hospital Projects Holiday Dsalysis and Taxis Insurance Transplant Games Costs Bank Charges Patient Buffets Printing and postage Independent Examiners Fee Benefits adviser consultancy feey Legal fees 300 6.790 508 1.120 207 6.197 86 1,273 300 6.790 508 1.120 207 6,197 86 1.273 300 5,812 2.037 1.788 198 6,875 107 300 5.812 2,037 1.788 198 6,875 107 2,100 16,952 233 2,100 16.952 233 2,058 8.000 7,112 2,058 8,000 7,112 35,777 35.777 34,287 34,287 Other expenditure Unrgslricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Christmas Cards Miscellaneous Expenses 15 9,861 9,861 978 978 9,876 9.876 978 978 Net gains on Investménts Unreslrided Total Funds Unreslricled Total Funds Funds 2025 Funds 2024 Gainsl{losses} on listed investments 29,574 29,574 46,779 46,779 10. Independent oxamination fees 2025 2024 Fee5 payable lo the indapendent examiner for.. Independent examinaiion of the financial statements 2.100 2,058 11. Trusteo remuneration and •xpénses No remuneration is paid to the trustees for their seThices and no trustee expenses have been incurred. 13
Sheffield Area Kidney Association Noles to the Financial Statements i¢ontinued) Year ended 31 May 2025 12. Investments 2025 2024 Other investments - CCLA Other investments - Kidney Beam 1,250,002 60,000 1.145,930 1,310,002 1,145,930 Investments are managed on behalf of SAKA by independent third party managers. Al Ihe year end, £1,250.002 is invested in a COIF Charities Deposit fund. which is a change from the previous year 12024 £1,145.930} where funds were Invested directly in listed shareslsecurilies. SAKA has also invested £60.000 In a national digital physiolherapy platform named Kidney Beam dufing the year. 13. Credltors.. amounts falllng du• withln on• yoar 2025 2024 Accruals and deferred Ineome 3,133 5,151 14. Analysis of charltable funds Unre8trICt funds At 1 June 2024 Gains and At losses 31 May 2025 Income Expenditure General funds 1.395,708 17.053 145,6531 29,574 1,396,682 At 1 June 2023 Gains and Al losses 31 May 2024 Income Expenditure General fund$ 1.310.858 73.336 {35,2651 46,779 1.395,708 Restrlcted funds Al 1 June 2024 Gains and At losses 31 May 2025 Income Expenditure Operating Costs Reserve Fund 12,000 12,000 Ai 1 June 2023 Gains and Al losses 31 May 2024 Income Expenditure Operatin9 Costs Reserve Fund 12,OQKI 12,000 14
Sheffield Area Kidney Association Notes to the Financial Statements (continued) Year ended 31 May 2025 15. Analysis of net asset5 between funds Unrestricted Funds Reslncled Total Funds Funds 2025 Currenl assets 1,396.682 12,000 1,408,682 Unrestrieled Funds Reslrieled Total Funds Funds 2024 Currènt assets 1.395,708 12,000 1,407,708 16. R•lat•d partles On the 10th November 2021 Ihe new CIO statvs of the Sheffield Area Kidney Association was recognised by the Charity Commission. On 4th May 2022 the assels of the old charity were transferred lo the new chanty using_merger accounting. The two parties lo the Iransaclion were as follows.. Sheffield Area Kidney Association Icharity No 5063861 Sheffield Area Kidney AssLxiation (Charity No 11985131 l[ 15