REGISTERED CHARITY NUMBER.. 282944 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR THE PEGGY WOOD FOUNDATION McCab8 Ford Williams Chartered Accountants Buil(5ing 1063 Comforth Drive Kent Science Park sirriNGBOURNE Kenl ME9 8PX THE PEGGY WOOD FOUNDATION coNTE￿rS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDEL) 31 MARCH 2025 Page Report of the Trustees Independent Examinerf$ Report Statement of Financlal Actlvltles Balance Sheet Notes to the Financial Statements 7 to 15 THE PEGGYWOOD FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The Iruslees present their report with the financial slalemenls of the Charity for the year ended 31 March 2025. The trustees have adopted the provisions ol AccoLsnling and Reporting by char￿es.. Siatemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and RepublK of Ireland IFRS1021 leffective1 January 2019). OBJECTIVES AND ACTIVITIES Objectlves and alms The object of the Fund is the relief of sicknes5 of pab'enls suffering Irom leukaemia and cancer at The Maidslone General Hospital in the County ol Kent. 11 Is the aim of thé Fund to make The Maidstone General Hospital a major centre for the Irèalmenl of rAnrRr and leuk￿mEa. 11 has begn our aim Ihis year to put in place a robust procedure with Maidstone Hospital to ensure our money is used the most important purGhases needed first. Volunteers We continue to rely on volunteers and have 18 in lolai. They help to run the shop and do delivery pick-ups and drop-offs. All volunteers are trained by the shop manager. We also support the Bower School for children with special needs and these children do their work experience in 11 shop. This is all risk assessed by the charity and the ￿h0O1. We have taken two children this year. ACHIEVEMENTS AND PERFORMANCE Revlew of actlvltles committee have been a Gontinued support lo the chairman this year hel￿ng with different lasks whenever they can. We now have clear process from the hospital as to how they PTiorilise equipment that is needs. We will be meelirrfJ regularfy to support U)e hospital. We 8re me81ing Bi- hAonlhly with the hospital lo ensure our funds are pl￿d in the most appropriate form lo help p80pI8 with ca￿er. Fundralslng activities Fundraising mainly derives from the shop bul there are also a lew fundraising events during the year. We also re￿1ve occasional donations from the faMil￿S of patients we have SUPFX)rted, and on&off donations which are sent lo us. Public Benefit The trustees confirm that they have complied with the duties in SeclDn 17151 of the Charities AGI 201110 have due regard lo the Charity Commission's general guidance on public benefit. We have referred to the guidance in the Charity Commi8sion general guidan￿ on public benefit when reviewing our aims and objectives and in planning our lulure aclivib8s. In particular, the twstees Gonsider how planned acbvilies will contribute to the aims and objectives that they have sel. FINANCIAL REVIEW Investment pollcy and oblectlves The Committee has considered that the most appropriate policy for investing funds not required for the day lo day PUTposes of the chaiily is in fixed interest money market deposits lo ensure that there is no risk of loss of capital. Page 1 THE PEGGYWOOD FOUNDATION REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 FINANCIAL REVIEW Reserves policy It is the policy of the Charity lo maintain unrestricted lunds, which are the free resetves of the Charity, al a kvel which covers the adminislralive expenditure for at least one year. This would enable the Charty lo continue in the event of a significant drop in funds. Golng concern The trustees have reviewed the level of reserves held at the year end aThJ have concluded that thère are no material tjncertainlies relating lo gting CO￿[n. FUTURE PLANS We will continue lo run the shop which provides our main source of income. We continue to support Maldstone trh)SPital as and when we receive appropriate requèsts. The hospital is reviewing its services. The committee has agreed lo continue to raise funds and wail Iof Ihe equipment requests once the hospitsl reslwcture lakes place. We will of course continue lo fund any ongoing cancer related ilerns needed. We will ensure the hospital has a more robust structure in place for highlighting the equipment that k8 lleeded. The hospital have now appointed a charity fund raiser, they are our first poinl of contact, This is a great help and focus point on whafs needed al the hospital. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by ils goveming document, a deed of trust and conslilules an unincorporated charity. The Fund was estsblished as a registered charity under a conslilulion adopted 20th April 1981 as amended 26th July 1983 and as varied or affected by commissioners scheme 013 De¢ember1996. On 30 May 2006 the name of the Charity was changed from Kent Leukaemia and Cancer Equipment Fund to the Peggy Wood Foundation. Recrultment and appolntment of newtiustees The recruilmenl of the committee and trustees is as folbws.. 1. Prospective members are introduced through the committee 2. They are voted on by the present committee 3. Any training is given by the relevant committee member 4. Any new skills enlisted by the committee are quickly ulilised Organlsallonal structure The Committee of A550cialion consisting ol up lo 6 memtern, meet quarterfy, administers the Charity. New members are recruited by invitation and can be appointed by existing memters. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Charity number 282944 Page 2 Yw FO EPORT OF THE TRUSTEES H2 2S Prlnclpal addres$ Clo 75 North Street Milton Regis SITTINGBOURNE Kent ME10 2HJ Truslets B Annis S Annis J Williams T DurliNJ L Apps A Francis Independent Examlner Mr5 C Rayner FCA DChA Mccabe Ford Witllams Chartered Accounianls Building1063 Cornforth Dr￿le Kent scien￿ Park SIThINGBOURNE Kenl ME9 BPX Prin¢lpal Place of Buslness 6- 8 Mill Street Maidslone Kent ME15 6XH Approv8d by order ol Ihe board of Irustees on... ... . and signed on its be￿i[by.. B Annis- Twslee Pa&* 3 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PEGGYWOOD FOUNDATION Independent examiner's report to the trustees of The Peggy Wood Foundatlon I report lo the charily trustees on my examination of the accounts ol The Peggy Wood Foundation Ilhe Trust) for the year ended 31 March 2025. Responslbllltles and basls of report As the charity Iruslees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'lhe Act). I report in respect of my examination of the Trusvs accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Sectxin 145151{bl of the Act. Independent examiner's statement I have cotnpleled my examination. I confimi that no material matters have come to my attention in connection with the examination giving me cause lo believe that in any matèrial respeGI'. accounting records were not kept in respect of ihe Trust as required by Section 130 of the Act., or the accounts do not accord wilh those records,. or the accounts do not comply with the applicable requirements conceining the form and content of ae£ounts sel out in the Charitie5 IAccounls and Reports) RegulalDn5 2008 other than any requirement that the accounts givè a true and fair view which is not a matter considered as part of an independent examination. I have no concems and have come acTOSS no other mattets in connect￿n with the exarninalion to which attention should be drawn in this report in orderto enable a proper undersianding of the accounts lo be reached. Mrs C Rayner FCA DChA Mccabe Ford Williams Chartered Accountants Building 1063 Cornforth Drive Kent Science Park SITTINGBOURNE Kent ME9 8PX Date:........l.7.1111.£0.:?.).......... Page 4 THE PEGGY WOOD FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 31.3.25 Total funds 31.3.24 Total funds Unrestricted funds Restricted funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 63,036 63,036 2,791 Other trading activities Investment income Other inGome 50,778 1,789 55 50,778 1,789 2,195 50,905 2,749 2,066 2,140 Total 115,658 2,140 117,798 58,511 EXPENDITURE ON Raisiro funds 62,879 2,140 65,019 62,579 Charltable actlvltles Equipment for Maldstone Hospital 92,736 92,736 61,527 Other 219 219 232 Total 155,834 2,140 157,974 124,338 NET INCOMEI{EXPENDITURE) 140,176} {40,1761 (65,8271 RECONCILIATION OF FUNDS Totsl funds brought forward 123,961 123,961 189,788 TOTAL FUNDS CARRIED FORWARD 83,785 83,785 123,961 The notes fomi part of these financlal statements Page 5 TH PEGGY 00 NDAT ON LA CE 31.3.2S Total funds 31.3.24 Total funds Unreslrfcted funds ReStr￿t￿L funds Notes FIXED ASSETS Tangibb pssets 752 12 381 CURRENT ASSETS Debtors Cash al bank and in hand 13 5,112 82,257 5,112 82,257 5,255 120,937 87,369 87,369 126,192 CREDITORS Amunts falling due I￿thIn une year 14 13,9651 I3,￿) 12,9831 NET CURRENT ASSETS 83,404 123,209 TOTAL ASSETS LESS CURRENT LIABiullES 83,785 83,785 I23,￿1 NET ASSETS 83,785 83,785 123,%1 FUNDS Unrestr￿ted funds 15 83.785 123,961 TOTAL FUNDS 83,785 123.961 The Inancial slalements were approved by the Board of T[￿lee8 and authorlsed for issue on and were slgned on ils behaw by.. B Annls. Trustse The noles form part ol these financol slalemenls Pagtr 6 THE PEGGY WOOD FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES Statement of compllance The financial statements of the charity, which is a public benefit entity undèr FRS 102, have been prepared in accordance the Charities SORP IFRS 1021 Accounting and Reporting by Charities.. Stslemenl ol Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland IFRS 1021 {effeclive 1 January 20191,, Financial Reporting Standard 102 'The Financial ReportiThJ Standard appliGable in the UK and RepubliG ol Ireland, and the Charities Act 2031. The financial statements have been prepared under t￿ historlcal cost convention. The presentation Gurrency of the financial staleTnents is Ihe Pound Slerfing 1£). Amounts included in the financial stslemenls are rounded lo the nearest Pound Slerting (£1. Income All income is recognised in the Slalemenl of Financial Activities once the charity has enlillemenl lo the funds, it is probable that the inGome will be received and the amount can be measured reliably. Donated Goods Donated goods are recognised al Ihe point of sale. Legacy Income For legacies, enlillernenl is taken as the earfier of the dale on which either. the charity is aware that probate has been granted, Ihe estate has been finalised and notification has been made by the executorlsl lo the Trust that distribution will tE made, or when a distribution is ieceived from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the execulorfs intention lo make a distribution. Where legaci85 have been notified lo the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed rf material. Expenditurè Liabilities are recognised as èxpenditure as soon as there 15 a legal or constructive obligation comrnitting the charity lo that expenditure, it is probable that a Iransler of economic benefils will be required in settlement and the amount of the obligat¢on can be rneasured reliably. Expenditure is accounted for on an awwals basis and has been Classified under headings that aggregate all cost related to the calegory. Where costs cannot be directly attributed to partKular healing5 t￿Y have ken alloGated lo activities on a basis ci)nsisienl with the use of resources. Grants offered subject lo Conditions which have not been mel at Ihe year end dale are noted as a commitment bul not ￿cnjed as expetwjiture. AllocatSon and apportlonment of costs Support costs are allocated between the expendilure categories of the SOFA on a basis designed to rellecl the use of the resource. Costs relating lo a particular activity are albcaled diwlly. Wherè support costs can not be aitribuled directly they are ap￿rtIoned using income as the basis. Tanglble fixed assets Depreciabon is provided at the following annual rates in order to writ8 off each asset over its estimated useful Motor vehicles Cornpuler equipm&nl 25Yo on cost 3310 on cost Page 7 continued... THE PEGGY WOOD FOUNDATION NOTES TO THE FINANCiAL STATEMENTS- oontinued FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES . contlnued Taxatlon The charity is exempl from tsx on its Gharitsble aclivitEs. Fund accounting Unrestricted funds can be used in accordance with the charitable objeclives al the discretion of the trustees. Restricted funds can only be llsed for particular reslriGled purposes within the objects of the charity. Reslriclions arise when specified by the doTh)r or when funds arts raised for particular reslricled purposes. Further explanal¢on of the nature and purpose of each luThJ is included in thè noles lo the financial stalemÈnts. Flnanclal Instruments The company enters into basic financial inslmmenls that result in tho recognition of financial assets and liabilities like trade and other ac￿unIS receivable and payable, loans from banks and other third parties and loans lo related parties. al Trade and other debtors Trade and other debtors are initially recognised at fair value and IhereafteT slated at amortised cost using the effective interest method, less impaim)enl losses for bad and doubvul debts except where the effect of discounting would be immaterial. In suGh ¢asès, the receivables are slated at cost less impaimient losses for bad and doubtful debts. b) Cash and cash equivalents Cash and cash equivabnts comprise cash al bank and in hand. cl Impalrment of financial assets Financial assets that are measured al cost and amortised cost are assessed al the end of e&h reporting period for objective evidence of impaimienL 11 objective evidence of impairment is found, an impairment loss is recognised in profit or loss. For financial assets measured al amortised cost, the impaimienl loss is measured as the difference between an assels carrying amount and the present value of estimated cash flows discounted al the asset'5 original effective Inte￿St rate. If a financial asset has a variable interest rate, the discount rate for measuriTrJ any impaimient loss is the current effecb've interest rale detemiined under the contract. For financial assets measured al Gosl less impaimient, the impaimienl loss is measured as the drfferencè between an asset's carrying amount and the best eslimale, which is an approxirnal￿n, of the amount that the Company would receive for the asset il ilwere lo be sold al the reporting dale. dl Trade and other crèdltors Debt instruments like loans and other accounts payable are initially measured al present value ol the future payments and subsequently al amortised cost using the effective interest method. Debt instruments that are payable wlhin one year, lypiGally trade payables, are measured, initially and subsequently, al the undiscounled amount of the cash or other considerats'on expected lo be paid. However, if the arrangements of a short-lemi instrument constitute a financing Irdnsaclion, like the payment of a trade debt deferred beyond normal business temis or financed al a rate of interest that is not a market rate or in case of an outright short-lerm loan not at marf(el rate, the financial asset Is measured, initially and subsequently, al the present value of th9 futu payments discounted at a market rale ol interest for a similar debt instrument. Page 8 onlinued.. THE PEGGY WOOD FOUNDATION NOTES TO THE FINANCIAL STATEMENTS. contlnued FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES. continued Financial Instruments Financial assets and liabilities are offset and the net amount reported in the slalemenl of financial position when there is an enfo￿able right to set off the recognised amounts and there is an intention lo settle on a nel basis orto realise the asset and setue the liability simultaneously. Impairment of non.financlal assets Al each reporting dale non-financial assets not carried al fair valuè, like plant and equipment, are reviewed, to delemine whether there is an indicats'on that an asset may be impaired.11 there is an indication of possible impairment, the recoverable arnounl of any a55el or group ol related assets, wh￿h is the higher of value in use and the fair value less cost lo sell, is estimated and compared with ils carrying amount. If the recoverable amount is lower, the carrying amount ol Ihe as5el is reduced lo ils recoverable amount and an impaimienl loss is recognised immediately in profil and loss, Inventories are also assessed for impairment al each reporting dale. Each item of inventory 15 compargd to the last sokl dale and an impairment bs5 recognised on a percentage basis in profil and loss. If an impairment loss is subsequently reversed, the carrying amount of the asset or group of related assets is increased to the revised estimate of ils recoverable amount, btkl not lo exceed the amount that would have been determined had no impaimienl loss been recognised for the asset or group ol related a55els in prior periods. A reversal of an impairment loss is r6cognised irnmedialely in profil and loss. Leaslng commltments Rentals under operating leases are charged to the Slalement of Financial Activities on a straight line basis over the lease temi. statutory Informatlon The Peggy Wood Foundation is an unincorporated charity registered wlh the charities cornmis5ion. It Is established under a de￿1 of trust dated 20th Apiil 1981. Going Concern The trustees have reviewed the level of reserves held al the year end and have concluded that there are no material uncèrtainties relating lo going concem. Crltlcal Accounting Ju(Igements and Key Sources ol E5tlmatlon Uncertalnty In the application of the Charitls accounting policies management is required to make judgements, eslimales and assumptions about the cafrying value of assets and liabilrties Ihal are not readily apparent from other sources. The eslimales and undedying assumptions are based on historical experience and other fact(HS that are considered to be Televanl. Actual resu￿$ may differ l¥om the estimates. The estimates and u￿lerIyIng assumptions ar8 reviewed on an ongoing basis. Revisions lo accounting estimates are recognised in Ihe period in wh￿h the estimate is revised if the ievision affeols only Ihal period, or in the ￿riod of the revislon and future periods if the revision affec15 both current and fvture per￿d5. The critical accounlirvJ judgements and key sources of eslimalion uncertainly affecting the charitable company Is depreciab'on. Page 9 continued... THE PEGGY WOOD FOUNDATION NOTES TO THE FINANCIAL STATEMENTS. continued FOR THE YEAR ENDED 31 MARCH 2025 DONATIONS AND LEGACIES 31.3.25 31.3.24 Donations 63,036 2,791 OTHER TRADING ACTIVITIES 31.3.25 31.3.24 Shop income 50,778 50,905 INVESTMENT INCOME 31.3,25 31.3.24 Deposlt account interest 1,789 2,749 RAISING FUNDS Raising donations and lègacles 31.3.25 31.3.24 Support wsts 2,988 3,143 CHARITABLE ACTWITIES COSTS Grant funding of activities (see note Equipment for Maidslone Hospilal 92,736 GRANTS PAYABLE 31.3.25 31.3.24 Equipment for MaKlslone Hospital 92,736 61,527 Page 10 continued.. THE PEGGY WOOD FOUNDATION NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 MARCH 2025 SUPPORT COSTS Management Finance Totals Raising donations and ￿g￿leS Other trading activities Other resources expgnded 2,988 2,988 371 219 371 219 2,988 590 3,578 Supwrt costs, included in the above, are as follows.. Management 31.3.25 Raising donations and legacies 31.3.24 Total activities Accountsncy fee 2,988 3,143 Finance 31.3.25 31.3.24 Other trading activities other resources expended Total activities Total activities Bank charges Depreciation of lat¥Jible fixed assets 219 219 371 232 323 371 371 219 590 555 TRUSTEES, REMUNERATION AND BENEFITS There were no Iruslees, remuneration or othef benefits for the year ended 31 March 2025 nor ft)rthe year ended 31 March 2024. Page11 continued... THE PEGGY WOOD FOUNDATION NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 MARCH 2025 10. STAFF COSTS 31.3.25 31.3.24 Wages and salar￿S Social security costs other pension costs 31,331 2,140 484 28,750 1,990 225 33,955 30,965 The average monthly number of employees during the year was as follows.. 31.3.25 31.3.24 Administrat￿n No employees received emoluments in excess of £60,CQQ. There wgre no employees earning more than £60,000 in Ihe year under review or in the previous year. 11, COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricted funds Tol81 funds INCOME AND ENDOWMENTS FROM Donations and legacies 2,791 2,791 othertrading acttvities Investment income other income 50,905 2,749 50,905 2,749 2,066 2,066 Total 56,445 2,066 58,511 EXPENDITURE ON Raising funds 60,513 2,066 62,579 Charitable activitles Equipment for Maidslone Hospital 61,527 61,527 Other 232 232 Total 122,272 2,066 124,338 NET INCOMEIIEXPENDITURE) 165,8271 165,8271 RECONCILIATION OF FUNDS Total futKls brought forward 189,788 189,788 Page12 continued... THE PEGGY WOOD FOUNDATION NOTES TO THE FINANCIAL STATEMENTS. contlnued FOR THE YEAR ENDED 31 MARCH 2025 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES. contlnued UnreStr￿ted furKIs Reslficled funds Total funds TOTAL FUNDS CARRIED FORWARD 123,961 123,961 12. TANGIBLE FIXED ASSETS Motor vehicles Computer equipmenl Totals COST Al 1 April 2024 Disposals 16,440 4,677 17461 21,117 17461 Al 31 Match 2025 16,440 3,931 20,371 DEPRECIATION Al1 April 2024 Charge for year Eliminated on disposal 16,440 3,925 371 17461 20,365 371 17461 At 31 March 2025 16,440 3,550 19,990 NET BOOKVALUE At 31 Maich 2025 381 381 At 31 March 2024 752 752 13. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Prepayments and accrued income 5,112 5,255 Page13 continued... THE PEGGY WOOD FOUNDATION NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 MARCH 2025 14, CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Other creditors 3,965 2,983 15, MOVEMENT IN FUNDS Nel movement in funds Transfers between funds Al 31.3.25 Al1.4.24 Unrestrlcted funds General lund Designated fund 123,961 52,560 192,7361 192,736} 92,736 83,785 123,961 140,1761 83,785 TOTAL FUNDS 123,961 140,1761 83,785 Nel movement in funds, included in the above are as follows.. Incoming resourGes Resources expended )vement in funds Unrestricted funds General fund Designated fund 115,658 163,098) 192,736) 52,560 {92,7361 115,658 1155,834) {40,176) Restricted fund5 Employers Alowance 2,140 {2,140} TOTAL FUNDS 117,798 1157,974} (40,1761 Comparatlves for movement in funds Nel movement in funds Transfers between funds Al 31.3.24 Al1.4.23 Unrestrlcted funds GeneTal fund Designated fund 129,788 60,000 {4,3001 161,5271 {1,527} 1,527 123,961 189,788 165,8271 123,961 TOTAL FUNDS 189,788 165,8271 123,961 Page 14 continued... THE PEGGY WOOD FOUNDATION NOTES TO THE FINANCIAL STATEMENTS. continued FOR THE YEAR ENDED 31 MARCH 2025 15. MOVEMENT IN FUNDS- conllnued Comparative nel movement in funds, i￿luded in the above are as follows.. IncomiThJ resources Resources expended Movetnent in funds Unrestricted funds General fund Designated lund 56,445 160,745} 161,527} 14,3001 161,527) 56,445 {122,272} 165,8271 Restrlcted funds Employers Allowance 2,066 12,0661 TOTAL FUNDS 58,511 {124,3381 165,827) 16. RELATED PARTY DISCLOSURES A Card, daughter of B Annis, a trustee, is employed by the charty as a retail assistant. A Card's appointment was made in open competition and B Annis wa5 not involved in the decision making process regarding appointment. A Card is paid within the nomal pay scale for her role and receives no special treatment as a result of her relationship lo a Iruslee. A Card received £22,385 gross pay12024- £11,419) during the period covered by the financial slalements. 17. ULTIMATE CONTROLLING PARTY The ultimate controlling party of the Charity is the committee members wh> are responsible for the day lo day running of the Charity. Page15 **THE PEGGY WOOD FOUNDATION** ## **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 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The object of the Fund is the relief of sickness of patients suffering from leukaemia and cancer at The Maidstone General Hospital in the County of Kent. It is the aim of the Fund to make The Maidstone General Hospital a major centre for the treatment of cancer and leukaemia. It has been our aim this year to put in place a robust procedure with Maidstone Hospital to ensure our money is used on the most important purchases needed first. ## **Volunteers** We continue to rely on volunteers and have 18 in total. They help to run the shop and do delivery pick-ups and drop-offs. All volunteers are trained by the shop manager. We also support the Bower School for children with special needs and these children do their work experience in the shop. This is all risk assessed by the charity and the school. We have taken two children this year ## **ACHIEVEMENTS AND PERFORMANCE** ## **Review of activities** The committee have been a continued support to the chairman this year helping with different tasks whenever they can. We now have clear process from the hospital as to how they prioritise equipment that is needs. We will be meeting regularly to support the hospital. We are meeting Bi- Monthly with the hospital to ensure our funds are placed in the most appropriate form to help people with caner. ## **Fundraising activities** Fundraising mainly derives from the shop but there are also a few fundraising events during the year. We also receive occasional donations from the families of patients we have supported, and one-off donations which are sent to us. ## **Public Benefit** The trustees confirm that they have complied with the duties in Section 17(5) of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit. We have referred to the guidance in the Charity Commission general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that they have set. Page 1 **THE PEGGY WOOD FOUNDATION** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025** ## **FINANCIAL REVIEW** ## **Investment policy and objectives** The Committee has considered that the most appropriate policy for investing funds not required for the day to day purposes of the charity is in fixed interest money market deposits to ensure that there is no risk of loss of capital. ## **Reserves policy** It is the policy of the Charity to maintain unrestricted funds, which are the free reserves of the Charity, at a level which covers the administrative expenditure for at least one year. This would enable the Charity to continue in the event of a significant drop in funds. ## **Going concern** The trustees have reviewed the level of reserves held at the year end and have concluded that there are no material uncertainties relating to going concern. ## **FUTURE PLANS** We will continue to run the shop which provides our main source of income. We continue to support Maidstone hospital as and when we receive appropriate requests. The hospital is reviewing its services. The committee has agreed to continue to raise funds and wait for the equipment requests once the hospital restructure takes place. We will of course continue to fund any ongoing cancer related items needed. We will ensure the hospital has a more robust structure in place for highlighting the equipment that is needed. The hospital have now appointed a charity fund raiser, they are our first point of contact. This is a great help and focus point on what’s needed at the hospital. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. The Fund was established as a registered charity under a constitution adopted 20th April 1981 as amended 26th July 1983 and as varied or affected by commissioners scheme of 3 December 1996. On 30 May 2006 the name of the Charity was changed from Kent Leukaemia and Cancer Equipment Fund to the Peggy Wood Foundation. ## **Recruitment and appointment of new trustees** The recruitment of the committee and trustees is as follows: 1. Prospective members are introduced through the committee 2. They are voted on by the present committee 3. Any training is given by the relevant committee member 4. Any new skills enlisted by the committee are quickly utilised ## **Organisational structure** The Committee of Association consisting of up to 6 members, who meet quarterly, administers the Charity. New members are recruited by invitation and can be appointed by existing members. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 282944 Page 2 ## **THE PEGGY WOOD FOUNDATION** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024** ## **Principal address** C/o 75 North Street Milton Regis SITTINGBOURNE Kent ME10 2HJ ## **Trustees** B Annis S Annis J Williams T Durling L Apps A Francis ## **Independent Examiner** Mrs C Rayner FCA DChA McCabe Ford Williams Chartered Accountants Building 1063 Cornforth Drive Kent Science Park SITTINGBOURNE Kent ME9 8PX ## **Principal Place of Business** 6 - 8 Mill Street Maidstone Kent ME15 6XH Approved by order of the board of trustees on 19 December 2024 and signed on its behalf by: Page 2 **THE PEGGY WOOD FOUNDATION** ## **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 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The object of the Fund is the relief of sickness of patients suffering from leukaemia and cancer at The Maidstone General Hospital in the County of Kent. It is the aim of the Fund to make The Maidstone General Hospital a major centre for the treatment of cancer and leukaemia. It has been our aim this year to put in place a robust procedure with Maidstone Hospital to ensure our money is used on the most important purchases needed first. ## **Volunteers** We continue to rely on volunteers and have 18 in total. They help to run the shop and do delivery pick-ups and drop-offs. All volunteers are trained by the shop manager. We also support the Bower School for children with special needs and these children do their work experience in the shop. This is all risk assessed by the charity and the school. We have taken two children this year ## **ACHIEVEMENTS AND PERFORMANCE** ## **Review of activities** The committee have been a continued support to the chairman this year helping with different tasks whenever they can. We now have clear process from the hospital as to how they prioritise equipment that is needs. We will be meeting regularly to support the hospital. We are meeting Bi- Monthly with the hospital to ensure our funds are placed in the most appropriate form to help people with caner. ## **Fundraising activities** Fundraising mainly derives from the shop but there are also a few fundraising events during the year. We also receive occasional donations from the families of patients we have supported, and one-off donations which are sent to us. ## **Public Benefit** The trustees confirm that they have complied with the duties in Section 17(5) of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit. We have referred to the guidance in the Charity Commission general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that they have set. Page 1 **THE PEGGY WOOD FOUNDATION** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025** ## **FINANCIAL REVIEW** ## **Investment policy and objectives** The Committee has considered that the most appropriate policy for investing funds not required for the day to day purposes of the charity is in fixed interest money market deposits to ensure that there is no risk of loss of capital. ## **Reserves policy** It is the policy of the Charity to maintain unrestricted funds, which are the free reserves of the Charity, at a level which covers the administrative expenditure for at least one year. This would enable the Charity to continue in the event of a significant drop in funds. ## **Going concern** The trustees have reviewed the level of reserves held at the year end and have concluded that there are no material uncertainties relating to going concern. ## **FUTURE PLANS** We will continue to run the shop which provides our main source of income. We continue to support Maidstone hospital as and when we receive appropriate requests. The hospital is reviewing its services. The committee has agreed to continue to raise funds and wait for the equipment requests once the hospital restructure takes place. We will of course continue to fund any ongoing cancer related items needed. We will ensure the hospital has a more robust structure in place for highlighting the equipment that is needed. The hospital have now appointed a charity fund raiser, they are our first point of contact. This is a great help and focus point on what’s needed at the hospital. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. The Fund was established as a registered charity under a constitution adopted 20th April 1981 as amended 26th July 1983 and as varied or affected by commissioners scheme of 3 December 1996. On 30 May 2006 the name of the Charity was changed from Kent Leukaemia and Cancer Equipment Fund to the Peggy Wood Foundation. ## **Recruitment and appointment of new trustees** The recruitment of the committee and trustees is as follows: 1. Prospective members are introduced through the committee 2. They are voted on by the present committee 3. Any training is given by the relevant committee member 4. Any new skills enlisted by the committee are quickly utilised ## **Organisational structure** The Committee of Association consisting of up to 6 members, who meet quarterly, administers the Charity. New members are recruited by invitation and can be appointed by existing members. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 282944 Page 2 ## **THE PEGGY WOOD FOUNDATION** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024** ## **Principal address** C/o 75 North Street Milton Regis SITTINGBOURNE Kent ME10 2HJ ## **Trustees** B Annis S Annis J Williams T Durling L Apps A Francis ## **Independent Examiner** Mrs C Rayner FCA DChA McCabe Ford Williams Chartered Accountants Building 1063 Cornforth Drive Kent Science Park SITTINGBOURNE Kent ME9 8PX ## **Principal Place of Business** 6 - 8 Mill Street Maidstone Kent ME15 6XH Approved by order of the board of trustees on 19 December 2024 and signed on its behalf by: Page 2