ChaTtty rq815trnlon nurnbep290574 Comp•ny rryistFation number 01803307 {En￿and and Wales) CANCERWISE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024 CANCERWISE LEGAL AND ADMINISTRATIVE INFORMATION Trustees MsAKFox Ms E S Lochhead Mr R M Meredith Mr K Mitchelson Charity number 2￿574 Cornpary number 01803307 9-10 thJke5 Court 808nor Road Chichetter West Sussex Er*$lartd POI9 8FX Independent exarnlner OINef Read FCCA ACA James Todd & Co ￿miled Drayton House Chichester West Sussex P020 2EW CANCERWISE CONTENTS Trustees, report Independent examiner'5 report Sratèment of financial aetivities Balance Sheet Notes to the financial statements 7-IS CANCERWISE TRUSTEES. REPORT (INCLUDING DIREcfoRS' REPORn FOR THE YEAR ENDED 29 F£BRUARY2024 The Trustees present theirannual rep)rt and financial st*ementsforthe year ended 29 February 2024. The financial ststernents have been p￿pared in accordance wtth the accouniinB pol*cies set out in note I to the financial staternents and comply with the Charity'5 ¥￿erning document. the Companies Act 2(h)6 and "Accounting and Reporting by Charities". Statement of RecDrnmended Prartice applirJble to charrties prepaiinB their accounts in accordance with the Financial Reportin8 StaThJ?rd applicable in the VK and Rtpuwic of IrekThd IFRS 1021 leffertive l January 20191.. Objedi¥es and a(￿¥1￿$ The char￿.5 objectives are to.. Support C3n¢er patients. their lamilies and children affectsd ty cartce¥. with counsellin& wmplementsry therapies and Specialist support gmups. It has defined its pnrne area of operation as the ChKhe5tef. Arun and Adtsr districts of West Su55ex arbd the Havant athd East Hampshire districts of Hampshire. Public benefit The Trustees have paid due regard to 8uidance issued try the Charity Commtssion in deciding what actiwtie5 the Chanty should undertake. To meet the Charity's objetti¥es and to keep in mind the Charity Cornmsssion's guidance on publK benefit, can￿rWIse carried out the f￿lowIng atta￿11t$. Operated a cancer support centre in Chichester Whe￿ cancer patients and their families were able to call for emotional and wellbeing support. Alternativel¥, they may have only been lookin8 for a tounsellor with whom they could discu* their problems and concerns. These seNtes were available over the telephone or on the web for those not able to Visit the centre. The centre offered tndmdual and group therapies through a team of professional tOUTr5ellor5 and therapists who are experienced in hÈlping those with cancer. This te•rn was able to offer CounselltnL Aromatherapy massa8e. Indiao head massage, Craniosacral therapy, Reiki, Refiexolo8y. Acupuntture therapies and Qigong. Achie¥Yments and performance Sigrtificont ortivities Gnduchievements ogolt￿Ob1ertiVe5 The Charity's new premi5e5 continues to prw¢Je Rreater Space, NEntilation, faolities and atte55 for their clients. During the current year, the Charities fundraising team were bJ5y planning the various ortivities and have a Irusree dedicated to oversight of fundTr¢sing actMt*s. Flnanclal Reserves policy It is the polity of the Charity that unrestrirted lunds whith not been desi8nated for a specific use should be malntained at a level e9uiv3lÈnt to Six months. expenditure. The TTUStee5 considers that reserves at this level will ensure that, in the event of a significant drop in fundin& they will be able to continue the ChariVs ¢urrent artivities while ¢onsiderdtion is liven to Wty5 In which additional funds mty be raised. This level of ￿serveS has been maintained thfoushout the year. CANCERWISE TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORn (CONTINUED) FOR THE YEAR ENDED 29 FEBRUARY 2024 The 8oard has considered the ftrture fundin8 needs of the Charity in light of the cornmitrneTrt to a 4 year lea% at an annual rent of £16.CX)O plu5 additional cost5 lor maintenance, servlce charges and rate5. In the atTrsence at present of any major 50ur¢Ès of guaranteed funding. it has been decided that li should aim to ha4E reserves. at any time. eguwalent to six Months, funding of the Charity's running Costs. The Charity commenced the year with surplus funds of £129,345 which had increased to £164,796 by the end of the vear, tsf which £70.LKN) was desi8nated for rentsl fees for the remainder of the terTn of the le35e at Dukes Court. The Charity received a le￿cY in 2021 which enabled us to relocate to new premi5e5 in Chichester and a portion of this legacy has been esignated for rerst. There were restricted fvnds of £lQ.(4Y 3Ad the remaining year-end resefye balance of £84.192 was wholly unrestricted. Princlpolfvnding50urces For the forthcorninz year. it is antitipated that the prinopal sources of fvrbding will tontinue to be from grants. fundraising event5 and dor*atiotI5. We would like to re¢o8nise the considerable efforts of the Centre's Mana8emeilt Tèam in tsbtainln8 rnuch nÈÈded revenue through succes5fulty applying for grants and fin3ncial support. Investmentpolky The Board ha5 C0Th5idered the most appropnate policy for irwesting surplus funds and has decided that bank dtposits both a term and call basi5 are the mo# appropriate investment for the Chartws needs. Muior risks The Trustee5 have assessed the major risks to which the Charity is exposed 8nd art satisfied that ￿$temS are in place to mitl8ate exposure tothe major risks. Documented procedures are in place and are ￿gUlarlY reviewed. The Board of Direttors ha5 £ondutted a review of the major ri5k5 to which the charity 15 exposed and has prepared Finance. Health and safety. Equal Opportunities. Confidentiality. Volunteets and Complaints Policies covering a£tivit*es at the Centre and at off-site fund rai5inB evÈnts. Appropriate sy5tern5 af authonsation have been estsblisheij to rninirnise risk5 awciated with finafiiiol transattions and insuraThce w¥er has been taken out to cow other risks. These arrangements are periodically reviewed to ensure that thÉy meer ihe needs of the Charity- Plan5 for future perlods Whilst the cent￿ continues to pr￿de muth help to its clients. the Board recognises that thefe are many people li¥iry with cancer th3r it is failiTh8 to reach. In order to overcome this. they habt introduced a programme r3ising the Charity's profile with Primary Care Provider5 ar￿ organisations lTrvo￿ed in rancer ore such as Macrnillan Cancer Relief. In additic￿, the charity has launched a coun5ellin8 service for thildren aBed 4-17 whose lives have been affetted by a famity rnernber or friend diagnosed with, andlor being treated for. cancer or cwng ￿th the Ioss t>f a kNed one. Strurture, ￿Vernan(e and rnan4ement The charity is CQfitrolled by its 8o¥eming document. Ihe Memorandum of Assoaation. and con5trtutes a limited cdmpany, limited by guarantee, 0$ defined ty the CornpaniÈs Art 2L¥J6. The organisètion is a charitablt company limited by gUara￿ee, incorpoTrted on 26 Mar(h 1984 and registered as a charity on 14 DecÈmber 1986. The compèny was estab115hed under a Memorandum of Association which ewbli5heé the objects and powers of the charitsble company and is 8o¥erned under its Articles of Assoriation. In the event of the iompany bein8 wound up. rnernber$ aro required to contributè an arnount not exieeding £1. CANCERWISE TRUSTEES, REPORT (INCLUDING DIREcfoRS' REPORTI (CONTINUED) FOR THE YEAR ENDED 29 FEBRUARY2024 The Trustees, who are also the directors for the purpose ol company law. and who served dufjn8 the year and up to the date of signature of the financial Statements were.. M5AKFox Ms E S Lochhead Mr R M Meredrth Mr X Mitchelson Recrultment and apwntment of trurtees The Dirertor5 of the cornpany are also charty trustees for the purposes of charrty law_ ilnder the requirements of the Mernorandum and Articles of Association. all éirectors are wuired to be elected at eath Annual General Meeting for J period of one year. The work of the Charity is entirely devoted to those affetted by cancer. A5 a result. Ihe Board of Director5 seek to engjre thèt iepresentstives frorn this group aYÈ rnembers of that bth. In •ldrtion, e¥ery efft)rt is made to Inclvde thrertors With the relevant busines$ skills to ensure meaniThgful govemance and supwrt of the Charity's actiwties. ¢knnls*lon*l stnKlure The Article5 of Association provide for ihe appDintrnent of 12 trustees." ai present there are 4 and efforts are made to identify additionèl trustees with relevant skills as the need arises. The 8oard meets regularly throughout the year when al major decisior15 reEarding the strategy and opef*ions of the Charity are made. These meetings are attended by the Operation5 Manager, as appropriate. The day to day operation of the Centre is carried out under the tontrol of the Operntions Manager. The Centre Mana8er organi5es counselltsr ané therapist diaries. new Client appointments and the running of the Centre. The Centre is supp¢rted by unpaid volunteers who assist wtth administration and fundraising. for whom we are very grateful. Any issue which is outside the authorfty of the Operations Manager must be tak£Th up with the Chairperson OT an appropriate member of the 8oard. Indurtlon and tr•ining of trustees All new directors a￿ familiar with the activitie5 of the charity and have visited the Support Cemre in Chichester. They are invited to attend a re8ular Board meeting and are welcome to ask questions about any aspect of the Charity's work. They are invited to make a short pre5entstion on the skills they would bring to the eoard and how they would contributp to its deliberation5 3n*J decision makin8. They are also proviéel with copies of the Charity's wblisheil literature, 3 copy of the Memorandurn and Article5 of Association. a copy of the latest publishÈd accounts and a copy of'The Essential Trustee - what you need to know. and have Signed the Code of Conduct poJi(v. The Charity rnaintains 8ood relations with other bodies Irw0￿ed in dealing wrth those affected by cancer, iTrcludin8 lotal NH5 hospltsls. Macmillan Carw Relief and Sl Wiffrid's Hospice. The Trustees. ￿port was approved by the 8oard of Trustees. Mr R M Meredith Trustee 12 5ewernber 2024 CANCERWISE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CANCERWISE I report to the Trustees on nry eyarniTration of the financial ststements of Cancerwise (the Charity) for the year ended129 February 2024. Respon5ibili¢ies and ￿$15 of report As the Trustees of the Charity land also tts direttor5 for the pUT￿lSe5 of (ompary lawl you are resw)nsible for the preparation of the finanoal statements in ac¢txdante wtth the requirements of the Companie5 Art 2￿5 (the 21Y)6 Actl. Having satisfied my5eW that the financial statements of the Chhrrty afe not Tequired to be audited under Part 16 of the 2006 Act and are e148ible for IndeFendent examinatitsn, I report in ￿SpeCt of my examination of the Charity's financial smements carried out under section 145 of the Charities ACL 2011 (the 2011 Artl. In carryin8 014t rny examination I have followed all the applicable Dirertions gNen by the Charity Commission under section 145ISllbl of the 2011 Att. Independent st*t¢mert I have cofflpleteé rny examination. I confirm that no matters have come to my attention in connertèon with IlTre examination 8ivin8 rne cause to believe that In any material respe(t'. accounting records were not kept in respect of the Charity 45 required by section 386 of the 2(￿ Act: or the finèncial staternents do not accord with those records," of the finèncial statements do not iompty with the accounting requirements of section 396 of the 2006 Act other t an any requirernent that the accounts gi¥e a true and fair view which is not a matter conSide￿d a5 Part of an independent exarnination., or the financial statements h￿e not been prepared in accordance wTth the methods and principles of the Ststerntnt of Recommended Prartice for accounttng and reporting by chanties applicable to £haiitiÈs preparing their accounts in accordance vnth the F¢nancial Reporting Standard applicable in the VK and Repub14c of I￿land IFRS 1021. I have no tontèms and have tome a¢r055 no other rnatter5 in connertion with the examination to which attention 5holJld be drawn in this report in orderto tnable a proper under5tsndini of ihe financial ststernent5 to be reached. Oll¥er Read FCCA ACA J3mesTodd & Co Limited Drayton House Drayton Lane Chichester We# Sussex P020 2EW England Dated.. 12 5eptembet 2024 CANCERWISE STATEMENT OF FINANCIAL ACTivmES IP4CLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 29 FE8RUARY2024 Unre5trirted ￿e￿rICted fvI￿5 lund5 2024 2024 Total unrestrIrt￿ Reslrirted fvnd5 fvnd$ 2023 ij Totsl 2024 2023 In¢ome from.. Donations and le8ac*e5 Charitable a£tivr(ies Counselling and therdpv 170.816 170.816 116.220 123,720 9.678 9.678 7.356 7,356 Investments 707 707 Totsl Iv￿Orne Is3,4￿7 183,4 124.283 7.5L)) 131,783 Expendlture on: Raising funds Charitsble attivities Counselling and therapv 1.053 L053 495 495 146.896 146,896 136.173 136.173 Total expenditure 147.949 147.949 136.668 136,668 Net income/lexpendilur*l and movement in fvnds 35,451 35.451 112.3851 14,8851 Aeconclliatbon of funds: Fund balances at l March 2023 118,741 10.6LM 129.345 131,126 3.104 134,230 FurKI balantts at 29 February 2024 154.192 i0.fl 164,796 118,741 10.604 tr29,345 The 5tstement ol h"ftancial actNities indudes all gains and 1055e5 recogni5ed in the year. incorne and expenditur* derive from continuing artiwtie5. CANCERWISE BALANCE SHEET ASAT29 FEBRUARY2024 2024 Flxed assets Tangible assets 553 416 CurTerrt a55ets Debtors Cash ai bank and in hand 2.554 167.814 6,057 125.776 170,368 16.1251 131,833 12.9041 CreditoTh: amounts lalllni due wrllwn oneyeèr 15 14*t eurrtnt ass•ts 164,243 128.929 Totsl ass•ts les5 ￿rrent liabllths 164.796 129,345 Net assets eXdUdl￿ pension liabillty 164.796 129.345 Thefunds of tht Charity Restricted Income funds Unrestricted funds 17 10.604 154.192 10,604 118,741 164,796 129,345 The cornpany is entitled to the exernption from the audil reqUi￿rnent contained in settion 477 of the Companies Act 2th)6, for the year ended 29 February 2024. The directors acknowledge their responsibilrties for tornpfwng with the requi￿rnents of the Companies Art 2CQ6 with tespect to accounting ￿CordS and the prepararion of finantial statements. The members have not required the comparry to obtain an audit of its finaneial statements for the year in question in acio¥dan£e with 5ertioTh 476. These finar%cial statements ha￿ bEW prepared in accordafice with the proWs￿n$ applicableto tompanies subjert to the 5rnall companies regime. The flnaficfjal statrmeTrts were approved bythe Trustee5 on 12 September 2024 MT R M Mer@dlth Trustee Comparw registration number01￿3￿7 IEntl8nd Jnd Wales1 CANCERWISE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY2024 AeciwnUt4 polkie5 tharlty inlorrnation Cancerwise Is a priwdtt £ompany liM￿¢ed by guarantee In£0￿(￿￿ted in England and Wale5. The registered office is 910 Dukes Court, Bo&r￿f Road, Chichester, West Sussex. P019 8FX, England. 1.1 Accountln£ ¢onbYnti¢ The financial statement5 been prepared in ac¢ordarKe wilh the Charrt¢5 memorandum and articles of assaaation, the Companies Aa 2CK6, 102-The Financjal Reporting Standard applicable In the UK and Republi£ of Ireland" I"FR5 102.1 and the Charitie5 SORP "Accounting and ReportinE by Charrties.. Staiernent of Recommended Practice applicable to charities preparing their accounts in attordance with the Fin3ncial Reporting Standard applicable in the UK and Republic of Ilelar￿ IFRS 1021" leffÈctr¥e l January 20191. The Charity is a Public Benefrt Entity a5 defi.ned by FRS 102. The Charity h•5 tsken athaTrta8e of the prts¥i5iL￿5 in the SORP for chaflties not Eo prepare a Statement of cash Flt)ws. The financial statements are prepared in stedin& whith is the funttional currency of the Charity. Monetsry am•unts in these financial 5tatemeMs are rounded to the neare# £. The flnancial 5taternents habE been svepared under the histor￿1 tost convention. The principal accounting PoliciÈs adopted are set out below. 1.2 6uln4 ur5e of 0￿ratiOnS from suppliers. Amounts payable are dassified as current liabilities if payrnent is due within one year or le55. If not, they a￿ presented a5 non￿Urrent liabilitie5. Trade creditors are recognised initialty at transaction price and subsequent measured at amortised cost using the èffettive interest tnethod. Derecognltlon offimndolllvbllftles Financial li3bb1it￿s are derÈtOBnised when thÈ Charitys contrartual obliBatiorts expire or a￿ discharged or cancelled. 1.10 Empltyyee benefft5 The CO￿ of any Unl￿ holiday entrtlement is recognised In the peri￿ in which the employee's 5ervice5 are received. Termination benefiis are reco8nised immediately as an expense when the Charity is dernonstrnbly committed to terminate ihe employment of an employee or to pffjwde tern)Ination benefits. 1.11 Retlrement bene16ts Payments to defined contribution retirement benefit scheTh*s are charyed as an expense a5 theytsll due. In the application of the Charity's accountin8 policies. the Trustees are required to make judgements, estimates and ssumptions about the carryir¢8 amount ol assets and liabilities that are not readily apparent from other sources. The estimatÈs and associated assumpt￿￿% are based on hittorical experience and other factors that are con5idertd to be relev7nt. ArtLsal results may dtlfer frorn these estimate The estimates and underlwng a55LlrnPtion5 are reviewed on an ongoing ba515. Revisions to attounting estimètes are recogni5ed in the period in wh¢ch the estimate is re¥i5ed where the revision affects only that period. or in the period of the revision and future periods where the Tev15ion affect5 both CUTrent and future periods. CANCERWISE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 29 F£BRUARY2024 unrestri¢￿ Unrestricted funds fvnds Restnrted ftsnds Total 2024 2023 2023 2023 Donat￿n5 and 8ffts Le8acies Grants 58.854 24,274 87.688 38,412 15,C 62.808 38.412 15.000 70,308 170.816 116.220 J23,720 The Lerdcies monies rereThEd have been set aside to covei fiVe￿ar,$ rental costs (the length of the leasel. Unre#rided nds 2024 Un￿eted fvnds 2023 Coun5elllr41 and therapy Sale of good5 9.678 7,356 Unrestrirted UnTe5tritted funds funds 2014 2013 Investment income 707 Ratslng fvnds Unrestrlcted Unr¥trfrted fvnds funds 2024 1023 Fundrdisin and OthÈr fundraising c05rs 1.053 495 1.053 495 10- CANCERWISE NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR EAIDED 29 FEBRUARY2024 E¥pen4titure on tharltable a¢iivlll Counselling and thefapy 2024 Cothsellinz and therapv 2023 Dlrett tosis Staff costs Suè)striptions Counsellin8 and therapy V*ramins 5.886 771 42,374 I 10.W) 1,032 24.376 200 Rent, rates and water Insurance light and heat Telephone Postage and stationery Sundr￿e5 Repairs and rnaintenante Staff training Bank £har8es 20.946 806 18,916 466 3,990 1.943 1.432 2,309 2,327 io.iii 837 3.070 1.054 81 36 82,261 75,386 Share of 5UPPOrt and ￿4￿m•￿¢t cost5 note 81 Support Governance 60.984 3.651 $4,996 5,791 146,896 136,173 Anatysls by fund Unrestrirted fvnd5 146.896 136.173 Support tosts •lkn¢¥ted to athibes 2023 Staff costs Depreciat*on Go¥emance costs 60.845 139 54.825 171 | 5,791 60,787 3.6SI 64.635 AAalys¢d b¢tw••n: Counsellin8 and therapv 64.635 60,787 CANCERWISE NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDEO 29 FEBRUARY2024 Nrt mo*ment kn fvnds 2024 2023 The net movernent in funds is stated after chawngllcrediiin81: Fees payable forthe independent ey2mination ¢)f the ¢harity'S financial ￿tements Depreciation of owned tan¥ible fixed assets 139 171 Trume None of the Trustee5 lor any persons connetted with them) receNed any remuneration or benefits Irom the Charity during the year. li Ern￿o¥e￿$ The average Month￿ nurnber ofemplO￿ during the year was.. 2024 Numbef 2023 Number Employmefft ¢wts 2024 2023 Wages and salaries Other pension costs 65.285 1.446 63,493 1,332 66.731 64.825 There were no ernpw whose annual rernLbneration was more than ffQ.COJ. 12 Taxation The tharity is exempt from tax*ion on rts activities because all its income is applied lor charitable purposes. 12- CANCERWISE NOTES TO THE FINANCIAL STATEMENTS {CONnNUEDI FOR nlE YEAR ENDED 29 FEBRUARY2024 13 Tan￿ble fixed assets T4)1•1 At l March 2023 Additions 13,465 774 276 675 14,914 276 At 29 February 2024 13.465 675 15,190 Depredatkn and Impoirnbent At l March 2023 Depreciation char¥ed in the year 13,465 358 139 675 14.498 139 At 29 February 2024 13.465 497 675 14,637 Carrylne •mount At 29 Febrnary 2024 553 553 At 28 February 2023 416 416 2024 2023 Amounts f•llini due wlthln one yw. Other deblor5 p￿paYments and accrued income 2.057 497 451 2,554 6,057 15 edltors: amounts falling duo within om y 2024 2013 Other taxation and soaal security Trade credrtors Other credrtors crnals and deferred incorne 1.053 3,895 277 949 788 267 6,125 13 CANCERWISE NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 29 FEBRUARY2024 2024 2023 Charge to piofit or bss in respect of defined contribLrtion sd￿Me$ 1.332 The Charrty operntes a defined cOntrib￿lon pension scheme for all qLbality"fi8 employees. The assets of the scheme are held separately frtyn those tsf the Charity in an independently administered fund. 17 Ilestricw fvnds The Testncted funds of the charity comprise the ur*xpended balances of donations and grants held on tft￿t gubiett to specific conditions by donor5 as to how they may be used. Movèment in funds Mo¥efflent in funds I￿offi1 l Marrh X122 l Marth 2023 Furniture Fund The We Found*son Grart 3.104 3,104 3,104 3.104 10.604 10.604 Furniture FuTrd This 15 a fund setup by the Charityfor the replacemem of fvrniture. TheF e Foundation Grdnt This is a 8Tant re£ewed by ihe Charity Core C05ts- The Trustees and team are ¥ery grateful to the Foyle Foundarion forthis generous gram to benefrt people Imng with car￿er. Unrestrlcted fund5 The unrestricted funds of the tharity tornprise the unexpefit1ed balances of donations and grant5 which are not subject to specific conditions by donors and 8rantors as to how they mhy be used. The5È indude designated funds which have been set aside rwjt of ￿n￿￿rIcted fvnd5 by the trustee5 tsr spetsfic purpo At l Marth 2023 In(ominq Re50urce5 At 29 Ftbru•ry 2024 General funds 118,741 183.4 1147,9491 154,192 14- CANCERWISE NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 29 FEBRUARY2024 18 Unr•¥trfrt•d funds Icontinuedl At i Marth 2022 InwminK Re50uryes At 28 February 2023 General funds 131.126 124.283 1136,6681 118.741 19 Anal￿￿$ olnet assets betrrten fvnds Unrestrirteil funds Totsi unrestr1t￿ Resttkted fvnds fvnil$ Z023 2023 Total fund5 2024 2024 2024 2023 Fund balances at 29 February 2024 are represented by.. Tan8ible a55et5 Current assetsllliabilitiesl 553 164.243 553 164.243 416 118,325 416 128,929 10,604 164,796 164,796 118.741 10.604 129.345 20 OpÈratin8 lease commftmeThts At the reporting end date the Charity had outstsnding commitments for fvture minimum lease payrnent5 ￿der non- tancell3ble operating leases, which fall due a5 follow5- 2024 2023 etween two and fi¥e year5 16.lJJ) 16,(KK) 21 Related p•rtytsanswknns There were Ao disdosable related partyiransattions during the ytar12023- r￿le1. 15-