| Page | |
|---|---|
| Trustees' report | 1#4 |
| Statement of Trustees' responsibilities | 5 |
| Independent auditor's report | 6-8 |
| Statement of financial activities9 | |
| Balance sheet | 10 |
| Notes to the financial statements | 11 - 18 |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2024 | 2024 | 2024 | 2023 | 2023 | 2023 | ||
| Notes | £ | £ | £ | £ | £ | £ | |
| Income from: | |||||||
| Donations and legacies | 2 | 129 | 190,408 | 190,537 | 32 | 45,616 | 45,648 |
| Charitable activities | 3 | 95,976 | - | 95,976 | 1,771,684 | - | 1,771,684 |
| Investments | 4 | 1,575 | - | 1,575 | - | - | - |
| Total income | 97,680 | 190,408 | 288,088 | 1,771,716 | 45,616 | 1,817,332 | |
| Expenditure on: | |||||||
| Charitable activities | 5 | 200,144 | 190,408 | 390,552 | 1,820,465 | 45,616 | 1,866,081 |
| Total expenditure | 200,144 | 190,408 | 390,552 | 1,820,465 | 45,616 | 1,866,081 | |
| Net expenditure and | |||||||
| movement in funds | (102,464) | - | (102,464) | (48,749) | - | (48,749) | |
| Reconciliation of funds: | |||||||
| Fund balances at 1 January | |||||||
| 2024 | (124,958) | - | (124,958) | (76,209) | - | (76,209) | |
| Fund balances at 31 | |||||||
| December 2024 | (227,422) | - | (227,422) | (124,958) | - | (124,958) |
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| Fixed assets | |||||
| Intangible assets | 9 | 48,960 | |||
| Current assets | |||||
| Debtors | 10 | 45,775 | 203,279 | ||
| Cash at bank and in hand | 125,462 | 32,044 | |||
| 171,237 | 235,323 | ||||
| Creditors: amounts falling due within | 11 | ||||
| one year | (447,619) | (360,281) | |||
| Net current liabilities | (276,382) | (124,958) | |||
| Total assets less current liabilities | (227,422) | (124,958) | |||
| The funds of the charitable company | |||||
| Unrestricted funds | 14 | (227,422) | (124,958) | ||
| (227,422) | (124,958) |
| 1.4 | Income |
|---|---|
| Income is recognised when the charitable company is legally entitled to it after any performance conditions | |
| have been met, the amounts can be measured reliably, and it is probable that income will be received. | |
| 1.5 | Expenditure |
| Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a | |
| third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of | |
| the obligation can be measured reliably. | |
| All expenditures are accounted for on the accruals basis. In particular, the costs of charitable activities | |
| represents all costs of the charity excluding those appointed to governance costs. Where costs cannot be | |
| directly attributed to particular headings they have been allocated to activities on a basis consistent with use | |
| of the resources. |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2024 | 2024 | 2024 | 2023 | 2023 | 2023 | |
| £ | £ | £ | £ | £ | £ | |
| Donations and gifts | 129 | 10,000 | 10,129 | 32 | 32 | |
| Grants | - | 180,408 | 180,408 | - | 45,616 | 45,616 |
| 129 | 190,408 | 190,537 | 32 | 45,616 | 45,648 | |
| **Income from charitable ** | activities | |||||
| Unrestricted | Unrestricted | |||||
| funds | funds | |||||
| 2024 | 2023 | |||||
| £ | £ | |||||
| Fundraising activities | ||||||
| Incoming resources from | charitable activities | 95,976 | 1,771,684 | |||
| Income from investments | ||||||
| **Unrestricted ** | Unrestricted | |||||
| funds funds | ||||||
| 2024 | 2023 | |||||
| ££ | ||||||
| Interest receivable | 1,575 |
| Charitable | Charitable | ||
|---|---|---|---|
| activities | activities | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Direct costs | |||
| Staff costs | 22,321 | 43,284 | |
| Meetings and events | 19,437 | 7,253 | |
| Subcontract costs | 82,476 | 1,664,286 | |
| Travel and accommodation expenses | 10,563 | 3,070 | |
| Legal fees | 10,789 | 4,025 | |
| Consultancy | 203,245 | 111,741 | |
| Computer costs | - | 963 | |
| Subscriptions | 35 | 40 | |
| General expenses | 3,510 | 3,451 | |
| Insurance | 7,719 | 7,499 | |
| Lecture fees | 16,650 | 8,000 | |
| Accountancy and bookkeeping | 7,295 | 6,460 | |
| Bank charges | 563 | 287 | |
| Entertaining | 486 | 699 | |
| Foreign exchange | 463 | 523 | |
| 385,552 | 1,861,581 | ||
| Share of support and governance costs (see note 6) | |||
| Governance | 5,000 | 4,500 | |
| 390,552 | 1,866,081 | ||
| Analysis by fund | |||
| Unrestricted funds | 200,144 | 1,820,465 | |
| Restricted funds | 190,408 | 45,616 | |
| 390,552 | 1,866,081 | ||
| **6 ** | Support costs allocated to activities | ||
| Charitable | Total | ||
| activities | |||
| 2024 | 2023 | ||
| £ | £ | ||
| Governance | 5,000 | 4,500 |
| Support costs allocated to activities | (Continued) | |
|---|---|---|
| 2024 | 2023 | |
| Governance costs comprise: | £ | £ |
| Audit fees | 5,000 | 4,500 |
| 5,000 | 4,500 | |
| Employees |
| The average monthly number of employees during th | e year was: | |
|---|---|---|
| 2024 | 2023 | |
| Number | Number | |
| 1 | 1 | |
| Employment costs | 2024 | 2023 |
| £ | £ | |
| Wages and salaries | 22,321 | 43,284 |
| Intangible fixed assets | |
|---|---|
| Development | |
| costs | |
| £ | |
| Cost | |
| At 1 January 2024 | |
| Additions - internally developed | 48,960 |
| At 31 December 2024 | 48,960 |
| Amortisation and impairment | |
| At 1 January 2024 and 31 December 2024 | |
| Carrying amount | |
| At 31 December 2024 | 48,960 |
| At 31 December 2023 |
| 10 | Debtors | |||
|---|---|---|---|---|
| 2024 | 2023 | |||
| Amounts falling due within one year: | £ | £ | ||
| Trade debtors | 23,109 | |||
| Other debtors | 22,288 | 191,259 | ||
| Prepayments and accrued income | 378 | 12,020 | ||
| 45,775 | 203,279 | |||
| Included within 'trade debtors' is a balance of £3,109 due to related | parties. | |||
| 11 | Creditors: amounts falling due within one year | |||
| 2024 | 2023 | |||
| Notes | £ | £ | ||
| Other taxation and social security | 289 | |||
| Deferred income | 12 | 105,000 | 36,884 | |
| Trade creditors | 10,821 | 9,980 | ||
| Other creditors | 280,414 | 227,423 | ||
| Accruals | 51,384 | 85,705 | ||
| 447,619 | 360,281 | |||
| 12 | Deferred income | |||
| 2024 | 2023 | |||
| £ | £ | |||
| Other deferred income | 105,000 | 36,884 | ||
| Deferred income is included in the financial statements as follows: | ||||
| 2024 | 2023 | |||
| £ | £ | |||
| Deferred income is included within: | ||||
| Current liabilities | 105,000 | 36,884 | ||
| Movements in the year: | ||||
| Deferred income at 1 January 2024 | 36,884 | |||
| Resources deferred in the year | 68,116 | 36,884 | ||
| Deferred income at 31 December 2024 | 105,000 | 36,884 |
| At 1 January | Incoming | Resources | At 31 | |
|---|---|---|---|---|
| 2024 | resources | expended | December | |
| 2024 | ||||
| £ | £ | £ | £ | |
| Leukamia UK (Training events) | - | 68,332 | (68,332) | - |
| AML Registry | - | 122,076 | (122,076) | - |
| - | 190,408 | (190,408) | - | |
| Previous year: | At 1 January | Incoming | Resources | At 31 |
| 2023 | resources | expended | December | |
| 2023 | ||||
| £ | £ | £ | £ | |
| Leukaemia UK (Training events) | - | 31,025 | (31,025) | - |
| AML Registry | - | 14,591 | (14,591) | - |
| - | 45,616 | (45,616) | - |
| At 1 January | Incoming | Resources | At 31 | |
|---|---|---|---|---|
| 2024 | resources | expended | December | |
| 2024 | ||||
| £ | £ | £ | £ | |
| General funds | (124,958) | 97,680 | (200,144) | (227,422) |
| Previous year: | At 1 January | Incoming | Resources | At 31 |
| 2023 | resources | expended | December | |
| 2023 | ||||
| £ | £ | £ | £ | |
| General funds | (76,209) | 1,771,716 | (1,820,465) | (124,958) |
| Expenditure on charitable | Expenditure on charitable | |
|---|---|---|
| activities | ||
| 2024 | 2023 | |
| £ | £ | |
| Entities over which the entity has control, joint control or significant influence | 195,659 | 1,699,816 |
| Key management personnel | 22,321 | 43,284 |
| 217,980 | 1,743,100 |
| **Amounts owed to ** | related | |
|---|---|---|
| parties | ||
| 2024 | 2023 | |
| £ | £ | |
| Entities over which the entity has control, joint | ||
| control or significant influence | 280,414 | 227,423 |
| 280,414 | 227,423 |
| **Amounts owed by ** | related | **Amounts owed by ** | related | |
|---|---|---|---|---|
| parties | parties | |||
| 2024 | 2023 | |||
| Balance | Net | Balance | Net | |
| £ | £ | £ | £ | |
| Entities over which the entity has control, joint | ||||
| control or significant influence | 3,109 | 3,109 | - | |
| 3,109 | 3,109 | - |