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2024-12-31-accounts

Charity registration number 328432 (England and Wales) Company registration number 02333474

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE)

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mr BT Burnie Mr AM Chuhan Dr I Pedley Lord JW Shipley (Appointed 1 September 2024) Mr IW Farrer (Appointed 22 April 2025) Secretary Mr BT Burnie Charity number (England and Wales) 328432 Company number 02333474 Registered office Daft As A Brush House Great North Road Gosforth Newcastle upon Tyne NE3 2DR Auditor Sumer Auditco Limited Unit 2 Gosforth Park Avenue Newcastle upon Tyne NE12 8EG Bankers Santander San Uk Corporate New Sunderland Tyne and Wear SR43 4ET Solicitors PGS Law LLP Law Court Chambers 22 Denmark Centre Fowler Street South Shields NE33 2LR Investment advisors CCLA One Angel Lane London EC4R 3AB

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) CONTENTS

Page
Trustees report 1 - 5
Independent auditor's report 6 - 8
Statement of financial activities 9 - 10
Balance sheet 11
Statement of cash flows 12
Notes to the financial statements 13 - 25

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 DECEMBER 2024

The trustees present their annual report and financial statements for the year ended 31 December 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and "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

The charity's objects are;

To relieve the suffering and improve the condition of life of persons suffering from cancer as the charity may think fit and insofar as the same are entirely ancillary to such object but not further or otherwise the charity shall have the following powers:-

The charity offers staffed custom-made vehicles to transport outpatients who are undergoing Chemotherapy and/or Radiotherapy cancer treatment, free of charge, to and from hospital. The service entails collecting and transporting the patients in a safe and comfortable environment, from where they are living, taking them to where they are having their treatment and if required staying with the patient whilst they have their treatment, then taking the patient back home.

Public benefit

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Achievements and performance

Significant activities and achievements against objectives

During the year under review the trustees and senior management team used the experience gained over the past years in creating new systems of cancer patient transportation. This includes the fitting of a tail lift to one of the ambulances to allow cancer patients wheelchair access, plus staff training in the use of it. The main activities of the charity have centered around the transportation of outpatients, free of charge, to and from hospital who were undergoing Chemotherapy and/or Radiotherapy cancer treatment. In 2024 the whole of the DAAB Team (which includes: DAAB Staff/Volunteers, an independent software development company, both the Freeman Hospital senior management staff/operational staff and external management consultancy advising the DAAB trustees etc) have spent extensive time and resources in successfully devising a bespoke systems programme. This will ensure that the patient always arrives on time for their appointment, allowing them to ring that bell. The charity still managed to transport some 65,000 (2023: 60,000) patient journeys.

Our volunteer staff

The charity is very involved in the local community and primary schools and relies on voluntary help. The number of volunteers remain static and are they can assist in various areas of the charity, a key area being the transport of persons suffering from cancer to attend appointments using our custom-made vehicles. We wish to thank all volunteers for their loyal support and service.

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

Financial review

The charity has obtained sufficient funding to ensure that the charity can operate for the foreseeable future. The charity aims to use the funds generated to make 55,000 patient journeys per year to and from hospital appointments. The charity estimates that it will cost £550,000 per year to operate and hopes that this level of funding can be achieved in future from a combination of donations from NHS invoicing, donations from the general public and income from investments.

In April 2013, the charity invested £1,000,000 in a COIF Investment Fund held and managed by CCLA. A further £700,000, £400,000, £75,000, £100,000, £200,000, £200,000 and £77,000 were invested in the COIF Investment Fund in 2015, 2016, 2017, 2018, 2019, 2020 and 2021 respectively. £2,900,000 was withdrawn during 2024 and the reinvested. During 2024 there was a realised loss of £76,193 (2023: gain £79,586). At the end of the current year the investment was valued at £4,540,904 (2023: £4,492,351) with an unrealised gain of £224,746 (2023: £500,181) has been recognised in the Statement of Financial Activities.

The charity made a gain of £33,648 (2023: £478,119) and at the year end had total funds carried forward of £6,721,589 (2023: £6,687,941), which includes £30,853 of restricted funds (2023: £52,511) and £6,690,736 of unrestricted funds (2023: £6,635,430).

Reserves policy

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

Reserves policy and going concern

Reserves are needed to bridge the gap between the spending and receiving of income and to cover unplanned emergency repairs and other expenditure.

The 'free reserves' of the charity (defined as those unrestricted funds not designated for specific purposes or tied up in fixed assets) stood at £925,422 (2023: £831,173).

The trustees have reviewed the circumstances of charity and consider that adequate resources continue to be available to fund the activities of the charity for the foreseeable future. The trustees are of the view that the charity is a going concern.

Major risks

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Risk management

Where appropriate, systems or procedures have been established to mitigate the risks the charity faces. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with health and safety of staff, volunteers, clients and visitors to the premises.

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

Plans for future periods

Plans for the future

The charity plans to continue the activities outlined above in the forthcoming years and has satisfactory funding arrangements in place.

The organisation now has a small team of dedicated full and part-time paid staff based at Daft as a Brush House and the Freeman Hospital along with over approximately 400 (2023: 400) volunteer workers. Next year some of the volunteers will be awarded their 15-year service badge. All new staff undergo an initial induction and then move on to a training program, and a DBS Enhanced Certificate check from the NHS, that will lead to an in-depth knowledge of the Hospital cancer departments, the workings and management of the Ambulance Fleet and the management of cancer patients that are being transported to and from hospital. On satisfactory completion of these three separate training programmes the staff are then awarded a Certificate of Achievement.

Structure, governance and management

The charity is a company limited by guarantee, incorporated on 9 January 1989 and registered as a charity on 1 December 1989. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mr BT Burnie Mr C Potts (Resigned 18 June 2024) Mr AM Chuhan Dr I Pedley Professor DJ Burn (Resigned 30 April 2025) Lord JW Shipley (Appointed 1 September 2024) Mr IW Farrer (Appointed 22 April 2025)

Recruitment and appointment of trustees

Appointment of trustees

The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles are known as members of the Management Committee. Under the requirements of the Memorandum and Articles of Association, each year at the Annual General Meeting, at least one-third of members are required to retire from office by rotation and, being eligible, offer themselves for re-election.

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute an amount not exceeding £1 in the event of a winding up.

Organisational structure

Organisation

Daft as a Brush Cancer Patient Care Charitable Trust has a Management Committee of 5 members (2022: 5) who meet quarterly and are responsible for the strategic direction and policy of the charity.

A scheme of delegation is in place and day to day responsibility for the provision of the services rest with the Chief Executive, Mr B T Burnie. The Chief Executive is responsible for ensuring that the charity delivers the services specified and that key performance indicators are developed and met. The Chief Executive also has responsibility for the day to day operational management of the Charity, individual supervision of the staff team and also ensuring that the team continues to develop their skills and working practices in line with good practice.

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

Induction and training of trustees

Trustee induction and training

New trustees undergo an induction day to brief them on: their legal obligations under charity and company law, the Charity Commission guidance on public benefit, and inform them of the content of the Memorandum and Articles of Association, the committee and decision-making processes, the business plan and recent financial performance of the charity. The trustees are encouraged to attend appropriate external training events where these will facilitate the undertaking of their role.

Relationship with related parties

Related parties and co-operation with other organisations

None of the trustees received remuneration or other benefit from working with the charity. Any connection between a trustee or senior manager of the charity must be disclosed to the full board of trustees in the same way as any other contractual relationship with a related party. Related parties transactions are disclosed in note 23 to these financial statements.

Statement of Trustees responsibilities

The trustees, who are also the directors of Daft As A Brush Cancer Patient Care Charitable Trust for the purpose of company law, are responsible for preparing the Trustees Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate 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 2006. 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 irregularities.

Auditor

In accordance with the company's articles, a resolution proposing that Sumer Auditco Limited be reappointed as auditor of the company will be put at a General Meeting.

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

Disclosure of information to auditor

Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.

The Trustees report was approved by the Board of Trustees.

Mr BT Burnie

Trustee

23 June 2025

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT

TO THE TRUSTEES OF DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST

Opinion

We have audited the financial statements of Daft As A Brush Cancer Patient Care Charitable Trust (the ‘charity’) for the year ended 31 December 2024 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE TRUSTEES OF DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report included within the Trustees report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the statement of Trustees responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT (CONTINUED)

TO THE TRUSTEES OF DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST

Capability of the audit in detecting irregularities, including fraud

Based on our understanding of the charitable company and the sector in which it operates, we identified that the following laws and regulations are significant to the entity:

These matters were discussed amongst the engagement team at the planning stage and the team remained alert throughout the audit.

Audit procedures undertaken in response to the potential risks relating to irregularities (which include fraud and noncompliance with laws and regulations) comprised of: inquiries of management and the Trustees as to whether the entity complies with such laws and regulations; enquiries with the same concerning any actual or potential litigation or claims; inspection of relevant legal correspondence and legal costs incurred; review of Trustee meeting minutes; testing the appropriateness of journal entries; and the performance of analytical review to identify unexpected movements in account balances which may be indicative of fraud.

No instances of material non-compliance were identified. However, the likelihood of detecting irregularities, including fraud, is limited by the inherent difficulty in detecting irregularities, the effectiveness of the entity's controls, and the nature, timing and extent of the audit procedures performed. Irregularities that result from fraud might be inherently more difficult to detect than irregularities that result from error. As explained above, there is an unavoidable risk that material misstatements may not be detected, even though the audit has been planned and performed in accordance with ISAs (UK).

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Mr Stephen Slater (Senior Statutory Auditor) for and on behalf of Sumer Auditco Limited Statutory Auditor Unit 2 Newcastle upon Tyne NE12 8EG

Date: 24 June 2025

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2024

Current financial year
Unrestricted
Restricted
funds
funds
2024
2024
Notes
£
£
Income and endowments from:
Donations and legacies
3
525,553
-
Other trading activities
4
96,668
-
Investments
5
60,017
-
Other income
6
21,941
-
Total income
704,179
-
Expenditure on:
Raising funds
7
56,034
-
Charitable activities
8
741,392
21,658
Total expenditure
797,426
21,658
Net gains/(losses) on investments
15
148,553
-
Net income/(expenditure) and movement in funds
55,306
(21,658)
Reconciliation of funds:
Fund balances at 1 January 2024
6,635,430
52,511
Fund balances at 31 December 2024
6,690,736
30,853		 Total
2024
£
525,553
96,668
60,017
21,941
704,179
56,034
763,050
819,084
148,553
33,648
6,687,941
6,721,589		 Total
2023
£
711,037
44,634
9,096
75,457
840,224
64,653
877,219
941,872
579,767
478,119
6,209,822
6,687,941

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2024

Prior financial year
Unrestricted
Restricted
funds
funds
2023
2023
Notes
£
£
Income and endowments from:
Donations and legacies
3
643,422
67,615
Other trading activities
4
44,634
-
Investments
5
9,096
-
Other income
6
75,457
-
Total income
772,609
67,615
Expenditure on:
Raising funds
7
59,473
5,180
Charitable activities
8
867,295
9,924
Total expenditure
926,768
15,104
Net gains/(losses) on investments
15
579,767
-
Net income and movement in funds
425,608
52,511
Reconciliation of funds:
Fund balances at 1 January 2023
6,209,822
-
Fund balances at 31 December 2023
6,635,430
52,511		 Total
2023
£
711,037
44,634
9,096
75,457
840,224
64,653
877,219
941,872
579,767
478,119
6,209,822
6,687,941

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET

AS AT 31 DECEMBER 2024

Notes
Fixed assets
Tangible assets
16
Investments
17
Current assets
Debtors
19
Investments
20
Cash at bank and in hand
Creditors: amounts falling due within
one year
21
Net current assets
Total assets less current liabilities
The funds of the charity
Restricted income funds
23
Unrestricted funds
24		 2024
£
£
1,255,263
4,540,904
5,796,167
66,901
909,635
100,237
1,076,773
(151,351)
925,422
6,721,589
30,853
6,690,736
6,721,589		 2023
£
£
1,346,282
4,492,351
5,838,633
181,774
-
927,089
1,108,863
(259,555)
849,308
6,687,941
52,511
6,635,430
6,687,941		 2023
£
£
1,346,282
4,492,351
5,838,633
181,774
-
927,089
1,108,863
(259,555)
849,308
6,687,941
52,511
6,635,430
6,687,941
5,838,633
849,308
6,687,941
52,511
6,635,430
6,687,941

The financial statements were approved by the trustees on 23 June 2025

Mr BT Burnie Trustee

Company registration number 02333474 (England and Wales)

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 DECEMBER 2024

2024
Notes
£
£
Cash flows from operating activities
Cash absorbed by operations
27
(23,712)
Investing activities
Purchase of tangible fixed assets
(94,522)
Proceeds from disposal of tangible fixed
assets
41,000
Purchase of investments
(3,809,635)
Proceeds from disposal of investments
3,000,000
Investment income received
60,017
Net cash (used in)/generated from
investing activities
(803,140)
Net cash used in financing activities
-
Net (decrease)/increase in cash and cash
equivalents
(826,852)
Cash and cash equivalents at beginning of year
927,089
Cash and cash equivalents at end of year
100,237		 2023
£
£
(159,597)
(174,809)
82,499
-
900,000
9,096
816,786
-
657,189
269,900
927,089

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

1 Accounting policies

Charity information

Daft As A Brush Cancer Patient Care Charitable Trust is a private company limited by guarantee incorporated in England and Wales. The registered office is Daft As A Brush House, Great North Road, Gosforth, Newcastle upon Tyne, NE3 2DR.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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). The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

1.2 Going concern

At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the accounts.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

1.4 Income

Income is recognised when the charity 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.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

Incoming resources from charitable trading activities is accounted for when earned.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

1 Accounting policies

(Continued)

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the charity and its activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities. The bases on which support costs have been allocated are set out in note 9.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold property straight line over 50 years Property improvements straight line over 50 years Fixtures and fittings straight line over 3 years Motor vehicles 20% straight line

Freehold land is not depreciated.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Fixed asset investments

Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.

1.8 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.9 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.10 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

1 Accounting policies

(Continued)

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.11 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Critical judgements

Assessing indicators of impairment

In assessing whether there have been any indicators of impairment of assets, the trustees have considered both external and internal sources of information such as market conditions and experience of recoverability.

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

(Continued)

Key sources of estimation uncertainty

Determining residual values and useful economic lives of tangible fixed assets

The company depreciates tangible fixed assets over their estimated useful lives. The estimation of the useful lives of assets is based on historic performance as well as expectations about future use and therefore requires estimates and assumptions to be applied by management. The actual lives of these assets can vary depending on a variety of factors, including technological innovation, product life cycles and maintenance programmes.

Judgement is applied by trustees when determining the residual values for tangible fixed assets. When determining the residual value trustees aim to assess the amount that the company would currently obtain for the disposal of the asset, if it were already of the condition expected at the end of its useful economic life. Where possible this is done with reference to external market prices.

3 Income from donations and legacies

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2024 2024 2024 2023 2023 2023
£ £ £ £ £ £
Donations and gifts 525,553 - 525,553 643,422 67,615 711,037

4 Income from other trading activities

Unrestricted Unrestricted
funds funds
2024 2023
£ £
Fundraising events 95,540 40,979
Shop income 1,128 3,655
Other trading activities 96,668 44,634

5 Income from investments

Unrestricted Unrestricted
funds funds
2024 2023
£ £
Rental income 9,000 9,000
Interest receivable 51,017 96
60,017 9,096

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

6 Other income

Unrestricted Unrestricted
funds funds
2024 2023
£ £
Net gain on disposal of tangible fixed assets 20,628 75,362
Other income 1,313 95
21,941 75,457

7 Expenditure on raising funds

Unrestricted
Restricted
funds
funds
2024
2024
£
£
Fundraising and publicity
Advertising
1,770
-
Other fundraising costs
54,264
-
56,034
-		 Total
Unrestricted
Restricted
funds
funds
2024
2023
2023
£
£
£
1,770
35,108
5,180
54,264
24,365
-
56,034
59,473
5,180		 Total
2023
£
40,288
24,365
64,653

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

8 Expenditure on charitable activities

Direct costs
Depreciation and impairment
Fuel and oil
Repairs and servicing
Vehicle insurance
Misc motor expenses
Travelling
Misc purchases
Clothing costs
Share of support and governance costs (see note 9)
Support
Governance
Analysis by fund
Unrestricted funds
Restricted funds		 2024
£
124,007
109,163
28,912
42,142
13,756
3,929
2,565
2,021
326,495
433,705
2,850
763,050
741,392
21,658
763,050		 2023
£
126,006
112,062
19,717
48,394
12,901
2,489
-
2,043
323,612
550,707
2,900
877,219
867,295
9,924
877,219

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

9 Support costs allocated to activities

Basis of allocation
Staff costs
Staff time
Depreciation
Staff/volunteer time
Telephone
Staff/volunteer time
Hospitality
Staff/volunteer time
Premises
Staff/volunteer time
Repairs and renewals
Staff/volunteer time
Premises expenses
Staff/volunteer time
Printing, postage and stationery
Staff/volunteer time
Insurance
Staff/volunteer time
Sundries
Staff/volunteer time
Legal and professional
Staff/volunteer time
Governance costs
Staff/volunteer time
Analysed between:
Charitable activities
Governance costs comprise:
Audit fees
Accountancy
10
Auditor's remuneration
Fees payable to the charity's auditor and associates:
For audit services
Audit of the financial statements of the charity
For other services
All other non-audit services		 2024
£
261,383
41,162
9,137
31,406
17,378
31,414
6,373
9,103
8,045
7,705
10,599
2,850
436,555
436,555
2024
£
1,200
1,650
2,850
2024
£
1,200
1,650		 2023
£
253,766
41,276
13,438
85,040
16,815
26,367
52,491
42,761
10,918
7,830
5
2,900
553,607
553,607
2023
£
1,200
1,700
2,900
2023
£
1,200
1,700

11 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

12 Employees

The average monthly number of employees during the year was:

Administrative staff
Employment costs
Wages and salaries
Social security costs
Other pension costs		 2024
Number
6
2024
£
235,811
20,354
5,218
261,383		 2023
Number
6
2023
£
229,321
19,533
4,912
253,766

There were no employees whose annual remuneration was more than £60,000.

Remuneration of key management personnel

The remuneration of key management personnel was as follows:

Aggregate compensation
13
Net movement in funds
The net movement in funds is stated after charging/(crediting):
Fees payable for the audit of the charity's financial statements
Depreciation of owned tangible fixed assets
Profit on disposal of tangible fixed assets		 2024
£
93,529
2024
£
2,850
165,169
(20,628)		 2023
£
81,534
2023
£
2,900
167,282
(75,362)

14 Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent these are applied to its charitable objects.

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

15 Net gains/(losses) on investments

Revaluation of investments
Gain/(loss) on sale of investments
16
Tangible fixed assets
Cost
At 1 January 2024
Additions
Disposals
At 31 December 2024
Depreciation and impairment
At 1 January 2024
Depreciation charged in the year
Eliminated in respect of disposals
At 31 December 2024
Carrying amount
At 31 December 2024
At 31 December 2023		 Unrestricted Unrestricted
funds
funds
2024
2023
£
£
224,746
500,181
(76,193)
79,586
148,553
579,767
Freehold
property
Property
improvements
Fixtures and
fittings
Motor
vehicles
Total
£
£
£
£
£
722,990
322,768
190,155
684,770
1,920,683
-
81,457
6,460
6,605
94,522
-
-
-
(38,806)
(38,806)
722,990
404,225
196,615
652,569
1,976,399
110,699
62,453
158,356
242,893
574,401
12,300
7,833
21,029
124,007
165,169
-
-
-
(18,434)
(18,434)
122,999
70,286
179,385
348,466
721,136
599,991
333,939
17,230
304,103
1,255,263
612,291
260,315
31,799
441,877
1,346,282

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

17 Fixed asset investments

Cost or valuation
At 1 January 2024
Additions
Valuation changes
Disposals
At 31 December 2024
Carrying amount
At 31 December 2024
At 31 December 2023
18
Financial instruments
Carrying amount of financial assets
Debt instruments measured at amortised cost
Equity instruments measured at cost less impairment
Instruments measured at fair value through profit or loss
Carrying amount of financial liabilities
Measured at amortised cost
19
Debtors
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
20
Current asset investments
Unlisted investments		 Common
investment
fund
£
4,492,351
2,900,000
224,746
(3,076,193)
4,540,904
4,540,904
4,492,351
2024
2023
£
£
-
95
4,540,904
4,492,351
909,635
-
145,227
244,539
2024
2023
£
£
-
95
29,644
19,800
37,257
161,879
66,901
181,774
2024
2023
£
£
909,635
-

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

21 Creditors: amounts falling due within one year

Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income
22
Retirement benefit schemes
Defined contribution schemes
Charge to profit or loss in respect of defined contribution schemes		 2024
£
6,124
10,777
127,343
7,107
151,351
2024
£
5,218		 2023
£
15,016
40,324
188,812
15,403
259,555
2023
£
4,912

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

No contributions were payable to the scheme at the end of the year (2023: £nil).

23 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1
Ambulance fund
Previous year:
At 1
Ambulance fund		 January
2024
Incoming
resources
Resources
expended
At 31
December
2024
£
£
£
£
52,511
-
(21,658)
30,853
January
2023
Incoming
resources
Resources
expended
At 31
December
2023
£
£
£
£
-
67,615
(15,104)
52,511

Ambulance fund

During 2023 The Bigg Market Reunion and Stagecoach Walkergate Depot raised funds to purchase two ambulances and meet their associated costs.

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

24 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At
General funds
Previous year:
At
General funds		 1 January
2024
Incoming
resources
Resources
expended
Gains and
losses
At 31
December
2024
£
£
£
£
£
6,635,430
704,179
(797,426)
148,553
6,690,736
1 January
2023
Incoming
resources
Resources
expended
Gains and
losses
At 31
December
2023
£
£
£
£
£
6,209,822
772,609
(926,768)
579,767
6,635,430

25 Analysis of net assets between funds

Unrestricted
Restricted
funds
funds
2024
2024
£
£
At 31 December 2024:
Tangible assets
1,224,410
30,853
Investments
4,540,904
-
Current assets/(liabilities)
925,422
-
6,690,736
30,853
Unrestricted
Restricted
funds
funds
2023
2023
£
£
At 31 December 2023:
Tangible assets
1,311,906
34,376
Investments
4,492,351
-
Current assets/(liabilities)
831,173
18,135
6,635,430
52,511		 Total
2024
£
1,255,263
4,540,904
925,422
6,721,589
Total
2023
£
1,346,282
4,492,351
849,308
6,687,941

DAFT AS A BRUSH CANCER PATIENT CARE CHARITABLE TRUST (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024

26 Related party transactions

Transactions with related parties

During the year the charity entered into the following transactions with related parties:

Trustees Rental income
2024
2023
£
£
9,000
9,000
9,000
9,000		 Rental income
2024
2023
£
£
9,000
9,000
9,000
9,000
9,000

At the year end £127,343 (2023: £188,812) was due to B Burnie. No interest is chargeable on the balance and no formal repayment terms have been agreed.

During the year Bluebell Cancer Patient Care, a charity of which B Burnie was also a trustee, made donations to the charity of £21,000 (2023: £22,800). This charity ceased to operate during 2024 and was removed from the Register of Charities on 16 April 2024.

No guarantees have been given or received.

Rent receivable was charged at market rate as identified by an independent professional surveyor. Purchases were made at market rates.

An amount of £nil (2023: £7,500) in relation to rent paid in advance has been included in creditors falling due within one year.

27 Cash absorbed by operations 2024 2023
£ £
Surplus for the year 33,648 478,119
Adjustments for:
Investment income recognised in statement of financial activities (60,017) (9,096)
Gain on disposal of tangible fixed assets (20,628) (75,362)
Loss/(gain) on disposal of investments 76,193 (79,586)
Fair value gains and losses on investments (224,746) (500,181)
Depreciation and impairment of tangible fixed assets 165,169 167,282
Movements in working capital:
Decrease/(increase) in debtors 114,873 (113,026)
(Decrease) in creditors (108,204) (27,747)
Cash absorbed by operations (23,712) (159,597)