Registered Charity Number: 268218 Macmillan •anng ioGaiiy Macmillan Caring Locally An Unincorporated Charity Trustees, Report and Financlal Statements For the year ended 31 December 2025 Registered Office: Christchurch Hospital Fairmile Road Christchurch Dorset BH23 2JX (01202) 477628
Macmillan Caring Locally (Unincorporated Charity 268218} Annual Report 2025 Macmlllan Table of Contents Reference and Adminlstrati¥e Details..... ... .. About Us . Trustees, Report......................... . Financial review....... Structure, governance and management........... Disclosure of information to auditor..... Responsibilities of the Directors and Trustees.....-.......... Examiners, Report............... . Statement of Financial Attlvltles.................... . . ... . Balance Sheet...... -10 Notes to the Flnancial Statements... 11-16 Page 12
Macmillan Caring Locally (Unincorporated Charity 268218) Annual Report 2025 Macmlllan Reference and Administrative Details Legal Status Macmillan Caring Locally was set up by Trust Deed dated 26 July 1974 as Macmillan Cancer Trust, registered with the Charity Commission under registration number 268218. With consent of the Charity Commission, the name was changed to Macmillan Caring Locally on 29 September 2009. On 11 May 2020 the charity converted to a CIO under registration number 1189412. On l January 2022 the old charity's reserves lexcludin8 the leasehold) were transferred into the CIO. The accounts for the CIO are presented separately under registration number 1189412. This set of accounts relates only to the leasehold asset remaining under the old, unincorporated charity registration number 268218. Charity Details Charity Registration Number- 268218 Registered Office- Christchurch Hospital, Fairmile Road, Christchurch, BH23 2JX Board of Trustees Mr ME Emsley (Chairman) Mr JJK Harvey Mr KT Wilkinson Leadership Team Mr NSC Williams- Trust Secretary Auditors: PKF Francis Clark Towngate House 2-8 Parkstone Road Poole BH15 2PW Solicitors: Steele Raymond LLP Richmond Point 43 Richmond Hill Bournemouth BH2 6LR Bankers: HSBC 62 Commercial Road Bournemouth BH2 5LR
Macmillan Caring Locally (Unincorporated Charity 2682181 Annual Report 2025 Macmlllan About Us Our history Macmillan Caring Locally are the long leasehold owner of the Grove Hotel. The hotel was previously used to provide a respite break for patients with cancer. This activity was stopped as a result of the Covid pandemic and afterwards the trustees took the difficult decision to close the Grove permanently. It was felt that, even when permitted to open. the measures that would have to be put in place coupled with the vulnerable nature of the prospective guests, made it unlikely that the same atmosphere could be maintained. Additionally. the increased costs of operating would be too much for the reduced income of the charity. The charity agreed with another party for him to take over the running of the hotel in exchange for payment of an agreed sum. Alongside this, it was further agreed that the new manager would have the option to buy the property. The charity wishes, ultimately, to sell their leasehold interest. The freehold owner of the Grove, having been approached for permission to assign the lease, after the creation of an incorporated charity to run the charity, refused his consent. The freehold owner continues to refuse to accept rent from the charity, alleging that the lease has been breached by the involvement of an independent manager. There is ongoing legal action to try to resolve these issues. Until the end of 2025, the charity was invoicing the new manager from the CIO and accruing the costs of the rental due to the freehold owner also within that charity. The trustees accepted that this position was incorrect because the Grove lease remains in this old charity. At 31" December 2025 all invoices to the new manager from the new CIO were credited and reissued under the old charity. Up to 31, December 2025, this old charity had been dormant. Payments from the manager under the management agreement, since the creation of the CIO, have all been ringfenced in a designated bank account. This is separated from the general bank account of the incorporated charity, accruing the rent ultimately due to the freeholder. Page 14
Macmillan Caring Locally (Unincorporated Charity 268218) Annual Report 2025 Macmlllan Trustees, Report Financial Review This charity reported nil income and nil expenditure between 2022 and now. Its only asset remains the Grove Hotel lease, and income and expenditure for this lease was attributed to the new Macmillan Caring Locally CIO. Following legal advice. the trustees accepted that this process was incorrect and at 31, December 2025, all invoices for the Grove Hotel under the new charity were removed with credit notes and reinvoiced under this old. unincorporated charity which retains the Grove lease. There has therefore been no loss of funds or harm suffered by anyone or any body of persons. Following a comprehensive valuation of the options open to the charity to sell the leasehold interest in the hotel, the trustees took the decision to write down the value of the leasehold asset on the balance sheet. This recognises the more realistic recoverable amount in an industry that faces a challenging Position. Reserves policy Reserves only reflect the one asset in the accounts. The Board of Trustees will continue to actively review the risks faced by the charity and discuss these in relation to the reserves level. Structure, Governance and Management Macmillan Carin8 Locally's governing document is a Trust Deed dated July 1974, as subsequently amended in 2018. Following receipt of professional advice and a8reement by the Charity Commission, the Trust established a Charitable Incorporated Organisation ICIOI in May 2020. The assets and business of the Trust were transferred on l January 2022 and re8lStered with the Charity Commission with registration number 1189412. The only asset that could not be transferred to the CIO was the Grove lease and this is the only asset that remains under this charitable body. The Board The Board currently comprises three Trustees. A list of Trustees who have served during the year can be found on page 3 and further information about their backgrounds, experience and interests can be found on the Macmillan Caring Locally website. All Trustees give their time freely and no remuneration was paid durin8 the year in respect of their position as Trustee.
Macmillan Caring Locally (Unincorporated Charity 2682181 Annual Report 2025 Macmlllan Governance The Board of Trustees are responsible for the overall strategy and policies of the charity and meet four to six times a year. Responsibility for the day-to-day management of the charity is delegated to the Trust Secretary. Publlc Benefit Chartty Trustees have a duty to carry out their charity's purposes for the public benefit. Whilst this charity has not carried out activities specifically for the public benefit. its activities remain to support the overall activities of the charity through the CIO, registration number 1189412. Risk Management The Trustees consider annually a statement of the major risks to which the charity is exposed and consider the actions to be taken in mitigation of these risks.
Macmillan Caring Locally (Unincorporated Charity 268218) Annual Report 2025 Macmlllan Statement of Trustees, Responsibilities The trustees are responsible for preparing the financial statements in accordance with the United Kingdom Accounting Standards (United Kin8dom Generally Accepted Accounting Practice), and applicable laws and regulations. The law applicable to charities requires the trustees to prepare financial statements for each tinancial year which give a true and fair view of the state of affairs of the charity and of the incomin8 resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to: select suitable accounting policies and apply them consistently; observe the methods and principles in the Charities SORP: make judgements and estimates that are reasonable and prudent; State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements,. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2011, the Charities (Accounts and Reports) Regulations 2008. and the provisions of the constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irre8ularities. Approved by the trustees of the charity on 17 April 2026 and signed on its behalf by: Mr JJK Harvey Trustee
Macmillan Caring Locally (Unincorporated Charity 2682181 Annual Report 2025 Macmlllan Independent examiner's report to the Trustees of Macmillan Caring Locally (unincorporated charity) I report to the trustees on my examination of the accounts of Macmillan Caring Locally lunincorporated charity) "charity" for the year ended 31, December 2025, which are set out on pages 9 to 16. Responsibilities and basis of report As the charity trustees of the charity. you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Att'l. I report in respect of my examination of the Trustee's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 14515llbl of the 2011 Act. Independent examiner's staternent Since the charity's 8r055 income exceeded £250,CQO your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the FCA, which is one of the listed bodies. I have CL)mpleted my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the charity as required by section 130 of the Att,. or 2. the accounts do not accord with those records,. or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities IAccounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view, which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connettion with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed.. Name: Mr Daniel Tout FCA la partner of) Address.. PKF Francis Clark, Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW Date.. th 15 May 2026
Macmillan Caring Locally {Unincorporated Charity 268218) Annual Report 2025 Macmlllan Statement of Financial Activities- Year Ended 31 December 2025 (Including Income and Expenditure Account) Unrestrirted fvnds Restricted funds Totsl 2025 Total 2024 Note Income and Endowments from: Charitable activities 337,500 337,500 Total Income 337,500 337,500 Expenditure on: Charitable activities 1967,0931 1967,0931 Totsl expenditure 1967,0931 1967,0931 Net income 1629,5931 1629,5931 Net movement in funds 1629,5931 1629,5931 Reconciliation of funds Total funds brought fonvard 12 1,187,290 1,187,290 1,187,290 Total funds carrled fobward 12 557.697 557.697 1,187,290 2024 transactions were similarly from unrestricted funds only. All of the charity's activities derive from continuing operations during the above two periods. The fund5 breakdown for 2024 is shown in note 13. The notes on pages 11 to 16 form an integral part of these financial statements.
Macmillan Caring Locally (Unincorporated Charity 2682181 Annual Report 2025 Macmlllan Balance Sheet as at 31 December 2025 2025 2024 Note Flxed assets Tangible assets 380,0(KI 1.187,290 Totsl fixed assets 380,(K)O 1,187,290 Current assets Debtors 337,500 Totsl current assets 337,500 Creditors: Amounts falling due within one year io 1159,8031 Net current assets 177,697 Net a55ets 557,697 1,187.290 Funds of the charity: Restrlcted income funds Restricted funds Unrestrlcted Income funds Unrestricted funds 557,697 1,187,290 Total funds 12 557,697 1.187,290 The financial statements on pages 9 to 16 were approved by the trustees, and authorised for issue on IT April 2026 and signed on their behalf by.. Mr JJK Harvey Trustee The notes on pages 11 to 16 form an integral part of these financial statements. Page 110
Macmillan Caring Locally (Unincorporated Charity 268218) Annual Report 2025 Macmlllan Notes to the Financial Statements- Year Ended 31 December 2025 l Accounting policies Statement of compliance The linancial statements have been prepared in accordance with Accounting and Reporhng by Charitie5.' Statement of Retommended Practice lapplicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211 (issued in October 20191- (Charities SORP IFRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Basis of preparation Macmillan Caring Lotally meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless Otheise stated in the relevant accounting policy notes. Going concern The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets. Income and endowments All income is recognised once the charity has entitlement to the income, it is probable that the income will be received, and the amount of the income receivable can be measured reliably. Expenditure All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate Similar costs to that category. Where costs cannot be directly attributed to particular headings, they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Charltoble ortlvltles Charitable expenditure comprises those cost5 incurred by the charity in the delivery of its activities and Services for it5 beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. fjovernance costs These include the costs attributable to the charity's compliance with constitutional and statutory requirements. including audit. strategic management and trustees, meetings and reimbursed expenses. Taxation The charity is exempt from Corporation Tax as all its income is charitable and is applied for charitable purposes.
Macmillan Caring Locally (Unincorporated Charity 268218) Annual Report 2025 Macmlllan Tangible fixed a55ets Individual fixed assets are recorded at cost, less any subsequent accumulated depreciation and subsequent impairment10sses. Depreciation and amortisation Depreciation 15 provided on tangible fixed assets so as to write off the cost or valuation. less any residual value, over their expected useful economit life as follows: Asset class Depreciation method and rate Over the term of the lease Grove leasehold Grove fixtures and tittings 15-20% reducing balance Trade credltors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporhng year, to defer Settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Fund structure Unrestricted income funds are general funds that are available for use at the trustees, discretion in furtherance of the objectives of the charity. 2 Income from charitsble artivities Unrestrirted funds General Restricted fund5 Total 2025 Total 2024 Grove Hotel Management fees 337,5(X) 337,500 337.5 337,5(x) The Manager of the Grove Hotel poys a monthly management fee to the charity of £6,250. This had been invoiced under the new incorporated charity from July 2021 to December 2025. Following legal advice, the trustees accepted that this process was incorrect and at 31" December 2025, all invoices for the Grove Hotel ijnder the new charity were removed with credit notes an(1 reinvoiced under this old, unincorporated charity which retains the Grove lease. The £337,500 income represents the cumulative adjustment of the equivalent of 54 months of management fee5. Page 112
Macmillan Caring Locally (Unincorporated Charity 268218) Annual Report 2025 Macmlllan 3 Expenditure on charitable activitles 2025 2024 Grove Hotel: Rental costs 156,383 94,103 713,187 3,420 967.093 Depreciation Impairment of asset Governance costs- Note 4 The charity incurs rental fees to the freehold owner of the Grove Hotel. At 31" December 2025, the amount owing was £IS6,383. 4 Analysis of governance c05tS 2025 2024 Independent examination of the financial statements 3,420 3,420 Net incomingloutgoing resources Net incoming/outgoing resources for the year include.. 2025 2024 Independent examination of the financial statements Depreciation Impairment of asset 3,420 94,103 713,187 6 Trustees. rernuneration ?nd expenses No trustees, nor any persons connected with them, have received any remuneration from the charity during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year. 7 Taxation The charity is a registered charity and is therefore exempt from taxation. Page 113
Macmillan Caring Locally (Unincorporated Charity 268218} Annual Report 2025 Macmlllan 8 Tangible fixed asset5 Grove Furniture, Equipment & Refurbishment Grove Leasehold Property Total Cost At l January 2025 At 31 December 2025 Depreciation 1,494,045 1,494,045 482,283 482,283 1,976,328 1,976,328 At l January 2025 Charge for the year Impairment At 31 December 2025 341,086 76,864 702,036 1,119,986 447,952 17,239 11,151 476,342 789,038 94,103 713,187 1,596,328 Net book value At 31 December 2025 374,059 5,941 380,(K)O At 31 December 2024 1,152,959 34,331 1,187,290 9 Debtor5 2025 2024 Due from Macmillan Caring Locally- incorporated charity number 1189412 337,500 337,500 10 Creditors: arnounts falllng due within one year 2025 2024 Trade creditors Accruals 156,383 3,420 159,803 Page 114
Macmillan Caring Locally (Unincorporated Charity 2682181 Annual Report 2025 Macmlllan 11 Commitments 2025 2024 Payable after more than 5 years.. Grove hotel rent- 78-year lease expiring March 208912025.. 771 months remairbingl 2.379,820 2,416,860 Other financial commltments 12 Funds Balance at 31 Resources December expended 2025 Balance at I Incoming January 2025 resources Unrestricted funds General 1,187,290 337,5 1967,0931 557,697 Restrlcted funds Total funds 1,187,290 337.500 1967,0931 557,697 Balance at 31 Decernber 2024 Balance at I Incomlng January 2024 resources Resources expended Unrestrirted funds General 1.187.290 1,187,290 Restrirted fund5 Total funds 1,187,290 1,187,290 The specific purposes for which the funds are to be applied are as follows= Unrestrirted funds are used for general charitable purposes.
Macmillan Caring Locally {Unincorporated Charity 2682181 Annual Report 2025 Macmlllan 13 Analysis of net assets between funils Total funds at 31 December 2025 Unrestrirted funds Restrirted fvnds Fixed assets 380,000 337,5CN) 1159,8031 380,CKJO 337,500 1159,8031 Current assets Current liabilities Total net assets 557,697 557,697 Unrestricted funds General Total funds at 31 December 2024 Restricted funds Fixed assets 1,187,290 1,187,290 Current assets Current liabilities Total net a55ets 1,187,290 1,187,290 14 Related party trans3rtions Macmillan Caring Locally, CIO, registration number 1189412 is linked to this unincorporated charity. These charities are separated because the Grove leasehold asset was prevented from being transferred to the new charity when the conversion to a CIO occurred from I" January 2022. All bank accounts were transferred to the CIO, so at 31 December 2025, this charity is owed £337,500 by the CIO as highlighted in note 912024- £nill. Page 116