2024-03-31-accounts

Our annual report April 2023 – March 2024

Weston Park Hospital Development Fund Limited, trading as Weston Park Cancer Charity (a company limited by guarantee) Registered number: 1480596 Charity number: 509803

Document ID: 213c7b5142f215d3e3817885d74e9c20197dd8f595d2b5e4d15befedf2637ed7

Weston Park Hospital Development Fund Limited (a company limited by guarantee)

Contents

1	Welcome to the 2023-24 Annual Report .......................................... 3
1.1	Introduction from our Chairperson ................................................................................................. 3
1.2 Introduction from our CEO .................................................................................................................. 4
2	Our strategic objectives and achievements .................................... 5
2.1 Objective 1:Spread the word about Weston Park’s services ......................................... 6
2.2 Objective 2:Address health inequalities in our region ...................................................... 9
	2.2.1 Big Purple Bus ......................................................................................................................................... 9
	2.2.2 Accessing Financial Report ............................................................................................................ 11
2.3 Objective 3:Provide free transport to hospital appointments .................................... 11
2.4 Objective 4:Advance Weston Park’s cancer research .................................................. 13
	2.4.1 Our Grants Programme ................................................................................................................... 14
2.5 Objective 5:Expand our digital offering ................................................................................... 16
2.6 Objective 6:Share the impact of our work and inspire support ............................... 17
	2.6.1 Fundraising Events ............................................................................................................................. 19
	2.6.2 Our Amazing Volunteers................................................................................................................ 20
3	Ensuring the charity is a wonderful place to work ....................... 21
4	Continuing our mission ....................................................................22
5	Our Trustees ................................................................................ 24-28
6	Independent auditors’ report on the financial statements .. 29-33
7	Statement of Financial Activities ................................................... 34
8	Balance Sheet ....................................................................................35
9	Statement of Cashflows................................................................... 36
10	Notes to the Financial Statements ............................................ 37-51

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Document ID: 213c7b5142f215d3e3817885d74e9c20197dd8f595d2b5e4d15befedf2637ed7

Weston Park Hospital Development Fund Limited (a company limited by guarantee)

Reference and Administrative Details of the

Charity, its Trustees and Advisers

FOR THE YEAR ENDED 31 MARCH 2024

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||| |---|---| |Senior Management Team|Ms E Clarke, CEO| |Ms C Rhone, Deputy CEO| |Company registered number|1480596| |Charity registered number|509803| |Registered office|Weston Park Hospital Development Fund Limited| |23 Northumberland Road| |Sheffield| |S10 2TX| |Independent auditors|BHP LLP| |2 Rutland Park| |Sheffield| |S10 2PD| |Bankers|Santander| |Bootle| |Merseyside| |L30 4GB| |Investment managers|Investec Wealth and Investment Limited| |Beech House| |61 Napier Street| |Sheffield| |S1 2PP|

----- End of picture text -----

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Document ID: 213c7b5142f215d3e3817885d74e9c20197dd8f595d2b5e4d15befedf2637ed7

Weston Park Hospital Development Fund Limited (a company limited by guarantee)

1 Welcome to the 2023-24 Annual Report

1.1 Introduction from our Chairperson

As Chair of the Board of Trustees, I’m delighted to share Weston Park Cancer Charity’s annual report with you, covering the period between 1 April 2023 and 31 March 2024.

As I write this, I am acutely conscious this is my last year as the Chair of the Board of Trustees. I retire as Chair in April 2025, a role I have been fortunate enough to hold since 2022. This note is even more meaningful as I look over not just the year gone by but also the past three years as the Chair and the previous nine years as a Trustee. I am incredibly proud to have played a role, alongside many others, in the charity during what has been both a challenging and rewarding time.

Our organisation is headquartered in Sheffield, but our services support those affected by cancer across the region including South Yorkshire, North Nottinghamshire, and North Derbyshire. This year we have provided emotional, practical, and financial support for more than 6,800 people. We funded sector-leading clinical trials and awarded £11,045 in hardship funds, helping 65 people affected by financial hardship.

We saw the launch of our Big Purple Bus bringing our cancer support services directly to local communities, across the region. Our bus has hosted drop-ins by 613 people, and engaged with over 2,000 people at community events, ensuring people across South Yorkshire have equal access to cancer support services.

It’s wonderful to see the positive impact our grant funding, in partnership with Age UK Sheffield, is making for those in need. Thanks to the incredible support for our charity, more than 800 people, whether they’re living with or beyond cancer, or are caring for someone who is, now have access to a comprehensive three-month support package. This empowers them to maintain their independence.

We know the harrowing fact that every year more than 9,000 people in our region will receive the heartbreaking news that they have been diagnosed with cancer. Our supporters, staff and volunteers will never stop striving to ensure that everyone gets the care they need.

As the Chair of the Board of Trustees, I feel immense pride to work alongside such inspirational people and witness first-hand the amazing work the charity does. This report celebrates the fantastic work Weston Park Cancer Charity has achieved in 202324 and showcases the breadth of our life-changing work.

I will be a lifelong ambassador of the charity that supports the one in two of us, who will sadly, be affected by cancer.

Thank you as ever for your ongoing support and dedication. We could not do it without you.

Niall Baker, Chair of the Board of Trustees

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Weston Park Hospital Development Fund Limited (a company limited by guarantee)

1.2 Introduction from our CEO

Firstly, I would like to extend my heartfelt thanks to our amazing supporters, staff and volunteers who continue to inspire me every single day,

This past year has been truly monumental for the charity. As well as a packed year of fundraising, community events and celebrations, we have successfully launched new services and commemorated key milestones.

I am delighted to see the progress we are making to meet our strategic aims, and particularly our outstanding strides in tackling health inequalities within our region.

Last September, we launched one of the charity’s biggest projects yet – the Big Purple Bus. The Big Purple Bus is effectively breaking down barriers by delivering cancer support and advice to underserved areas where access to crucial resources and support is often limited. We are also ensuring, via volunteering, and local partnerships, that more people know we are here to provide care and advice for those affected by cancer.

As well as a year of incredible celebrations and project launches, our work continues to enable the development of cancer treatment and enable vital research. I have been in constant awe of the amazing Weston Park Cancer Centre’s Cancer Clinical Trials Centre and how, through funding from the charity, patients are benefitting from high-quality research and clinical trials.

From our Cancer Support Centre and Charity Hub in Sheffield, we continue to deliver first-class care and advice for cancer patients and their loved ones. Our friendly Healthcare Professionals, therapists and support staff provide various forms of therapy sessions, support groups, and cancer care advice, and we are open for anyone to drop in and access our services.

My deepest thanks go out to everyone who has helped the charity this year. Your dedication and positivity are what makes it possible for us to be there, at every step, for the one in two people who will be diagnosed with cancer in our region.

I hope you enjoy reading about how your support is making a lasting difference for the people who need it most.

Best wishes,

Emma Clarke, CEO of Weston Park Cancer Charity

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Weston Park Hospital Development Fund Limited (a company limited by guarantee)

2 Our strategic objectives and achievements

About Weston Park Cancer Charity and our Strategic Goals for 2023-2024

Weston Park Cancer Charity is here to face cancer with you, and we’re proud to serve the people of South Yorkshire, Bassetlaw and North Derbyshire.

We sadly know the reality that each year, an estimated 9,000 people across the region will be diagnosed with cancer and over 57,000 people will be living with the disease, as reported by the Cancer Alliance.

That’s why it's vital that we continue to care in every sense for those affected by cancer. We do this by advancing research — supporting clinical trials to improve outcomes, enhancing treatment and care for patients and their loved ones at Weston Park Cancer Centre and beyond. We also continue to offer a wide range of dedicated services from our support centre and transport hub, as well as out in the community with our Big Purple Bus. We are committed to being there for people and families across the region.

Our mission is clear: “To improve the lives of people affected by cancer by providing emotional, financial and practical support, investing in high-quality research and treatment, so that the people of this region benefit from the best treatment and care.”

Our supporters enable pioneering research and clinical trials led by medical experts at the Weston Park Cancer Centre; provide emotional, physical and practical support through therapy and welfare sessions; run transport services, check in calls and support groups; and work with partners to enhance the lives of those with cancer and their families.

This report directly highlights how we are working to meet our ‘Together at Every Step’ three-year strategy we launched back in 2022. This strategy sets out six key priorities: Awareness, Reach, Access, Research, Digital and Impact. Our long-term vision is summarised by Dr Patricia Fisher:

“Creating a better life for every person in our region who is affected by cancer, both now and in the future. Everything we do is driven by this vision as we promise to be there – together at every step – for the one in two of us who will face a cancer diagnosis.

“If you are affected by cancer, I really want you to know that we are all here for you.

“Early detection is the key to treating cancer successfully, so if you have symptoms or concerns, please contact your GP immediately. Weston Park will always be here for you, whenever you need us.”

Dr Patricia Fisher, Clinical Director South Yorkshire and Bassetlaw Cancer Alliance, Clinical Oncologist at Weston Park Cancer Centre

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Weston Park Hospital Development Fund Limited (a company limited by guarantee)

2.1 Objective 1: Spread the word about Weston Park’s services

Awareness - everyone diagnosed with cancer in the region will know about Weston Park Cancer Charity, and how we can help them and their loved ones, at every step.

Building strong relationships with Healthcare Professionals is crucial to ensure more people affected by cancer receive the support they need. By engaging with Healthcare Professionals across the region, we make sure they are aware of the opportunity to refer patients to our services, offering a lifeline at the time when it’s needed most.

During 2023-24 we continued our pledge to engage with 1,000 Healthcare Professionals within secondary care across the region by 2025. This year we spoke to 303 Healthcare Professionals, an increase of 75% compared to the previous year. This was achieved through a variety of community engagement events including running talks at Clinical Nurse Days, hosting staff visits to our support centre in Sheffield and showcasing our work at the Head and Neck Cancer Event at the OEC Arena.

The increase in healthcare engagement, including our work on the Sheffield Cancer Support Referral Pathway, means more patients are directed to vital services such as emotional support, practical help and complementary therapies, all of which can improve quality of life during treatment and beyond.

Our services are open to all who need them, and we strive to ensure people from all ages and backgrounds feel welcome and able to come to us for support. The majority of our service users are aged between 50 and 70, reflecting the increased risk of cancer that comes with age, with 63% of service users being female.

This year we interacted directly with almost 7,000 people on more than 21,300 occasions, an increase of 24% on the previous year. Additionally, we estimate our grant programme benefitted over 18,000 people affected by cancer across our region.

During 2023-24 our Cancer Support Centre hosted 1,452 drop-in appointments, enabling people to have immediate access to crucial emotional and practical support. Our coffee mornings continued to be particularly successful, we attracted 35% more participants than the previous year and attendance at our health walks, almost doubled. Uptake on our complementary therapies has also increased, with 15% more people using this service compared to last year. These services help improve the quality of life for people living with cancer and their families, offering comfort, care, and relief during an incredibly challenging time.

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Figure 1. Number of times our centre-based services were used in 2023-24.

Increasing awareness of our support services

Our support services team have also worked hard to increase direct communications and data sharing with lead cancer nurses at Weston Park Cancer Centre to identify hospital teams where low or no referrals are coming from, and collaborating with them to advocate for the pathway.

We’ve increased our attendance at events across the region to give the charity more visibility. This has seen us talk to both Healthcare Professionals and members of the public about our services. Events and groups that we have attended include a men’s mental health group, Sheffield Bereavement Collaboratives’ Death Café and the Sheffield head and neck cancer support group.

We also know many of our patients and their loved ones love to feel connected with the charity. Sharing content online is one of the quickest and most effective ways to communicate with a large proportion of our Weston Park family.

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This year has seen a surge of activity across our digital channels, with us posting more regularly about our specific support services. We have also made significant improvements to our website including a new Healthcare Professionals page designed for easy access to resources including further information about the Sheffield Cancer Support Referral Pathway and referral forms.

It’s also been important for us to identify areas we still need to reach. Our teams continue to work within the primary care networks to ensure we approach and inform all corners of the region about the cancer support referral pathway and our vital work in supporting our communities.

We are continuously working to improve access to our services beyond our support centre, including innovative initiatives like the Big Purple Bus, which brings cancer support directly into the community for those who may struggle to reach us. To ensure we’re reaching the people who need us most, we’re also developing processes to capture more demographic information, helping us understand who is accessing our services and where we need to raise greater awareness.

Sadie Pickford, Lead Cancer Nurse at Sheffield Teaching Hospital NHS Foundation Trust, said: “The Sheffield Teaching Hospitals team work closely with Weston Park Cancer Charity, to ensure patients are aware of the support services available to them.

“The charity is a much-loved and appreciated resource to NHS colleagues, knowing there is a place for our patients to go and receive emotional, financial and welfare support at this difficult time in their life.

“We are collaborating to help spread the word about the referral pathway to make sure everybody in our region, who needs the charity, is aware of them.”

Emily Fox, physiotherapist and mum of twin boys, was diagnosed with Inflammatory Breast Cancer at 44 years old. She found great support through our art therapy group, which allows people to explore their creativity and providing a safe space in which people can meet and connect with others in similar circumstances.

She praised the sessions as one of the best things she could have done during her cancer journey: “I can’t praise the charity enough. The art therapy sessions were a lifeline for me. To be able to talk to other people going through similar circumstances, to share our ups and downs, and be there for each other, has helped me so much. We still meet up even though the course has finished.

“When you first find out that you have cancer it feels like your world has ended and that you will never feel happiness again, but this does change over time.

“I still have sad times, but I am now able to experience joy again too and this is thanks to friends, family, Weston Park Hospital, the charity and other local charities. Feeling such love and care at a time of heartbreak is overwhelming but it is also what has helped get me through.”

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2.2 Objective 2: Address health inequalities in our

region

Reach - everyone diagnosed with cancer in communities where there are greatest cancer health inequalities in the region will be able to access our support

In South Yorkshire, individuals from minority communities and lower-income areas face up to three times the risk of dying prematurely from cancer. These groups are also significantly less likely to access services that could support them during and after their cancer treatment.

2.2.1 Big Purple Bus

In September 2023, we took significant steps to engage our region’s underserved communities, with the launch of the Big Purple Bus (BPB). Thanks to The National Lottery Community Fund, Westfield Health and South Yorkshire Cancer Alliance, the BPB project was launched to equalise access to emotional, financial and practical support for people affected by cancer across the region, regardless of their background.

Since the launch, our two Big Purple Buses have been traveling throughout Sheffield and surrounding areas. By March 2024, our dedicated Healthcare Professionals and Advisors had engaged with over 1,200 people, bringing vital cancer support and services directly to those who need it most.

By bringing our support services directly to minority communities, we’re not only helping to combat health inequalities, but we’re also educating people about the services we provide at Weston Park Cancer Charity and giving advice and guidance to people who may not have ordinarily sought out support.

Big Purple Bus Key Achievements from its launch in September ‘23 until March ’24:

• Launched in seven locations

• Engaged with over 2,000 people at events

• Delivered more than 20 education sessions

• Trained 12 BPB volunteers, who have collectively contributed over 750 hours

• Collaborated with community groups, cancer support services, hospital teams and additional health services

• Translated Big Purple Bus leaflets and posters into three languages - Urdu, Punjabi and Arabic

• Displayed marketing materials in local communities to promote when and where the bus is visiting

• Made stops at local football clubs Sheffield Wednesday, Sheffield United and Barnsley FC as part of our ‘Together at Every Step takeover’ days.

Our Big Purple Bus is raising awareness of cancer and our support services and providing drop-in appointments in high-risk communities. In 2021 we identified that

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94% of our Cancer Support Centre clients described themselves as White. In 2023-24 77% of those visiting our BPB were White, showing this service’s value in supporting minority communities.

Figure 2. Ethnic Group of BPB Visitors (where known)

Cancer doesn’t only affect the person with the illness, but also their family and friends. Relationship dynamics might change, and they may be relied upon for emotional, physical or financial support. The bus not only supports those with cancer, but also provides a safe place for relatives and friends to ask questions, increase understanding, discuss feelings and access emotional support. In 2023-24, 44% of those engaging with the BPB had been diagnosed with cancer, 27% were relatives and 15% were friends of cancer patients.

A client’s story – Wendy talks about the support the Big Purple Bus team have provided her during her thyroid cancer treatment.

“The team on The Bus have helped me with everything. They booked me in for a Citizens Advice session with Dean, he's given me some good places to go and talk to for more information about finances. They told me about the complementary therapies, which I wouldn't have known about without the bus.

“They’re have been an absolute godsend, they deserve medals! They all just make you feel so welcome. They've all been fabulous.”

Deep-rooted within our communities

As part of our endeavour to help end cancer health inequalities within our region, this year saw us further develop our partnerships with local organisations and healthcare providers including SOAR, SACMHA, Manor Castle Development Trust, Friends of Foundry, Darnall Wellbeing, Hanfia Masjid & Islamic Cultural Centre, and Breathing Space.

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We have also partnered with Meadowhall Shopping Centre to help raise awareness of the Big Purple Bus service. As part of this, we deliver advice at Meadowhall itself, as well as signposting clients to our locations in their own communities.

The BPB team attends Breathing Space in Rotherham whilst breast cancer clinics are in progress. This is an outpatient suite primarily for patients based in Barnsley, Rotherham and Doncaster. Our volunteers proactively share information about our services and attendees can easily access practical and emotional support from a Healthcare Professional on the BPB before or after their appointments.

2.2.2 Accessing Financial Support

Our partnership with Sheffield Citizen’s Advice has enabled 835 people to access specialist welfare advice, with a value of over £1.3M for clients, an increase of over 60% on the previous year. We fund specialist advisors who work directly with clients, providing a seamless support service. Their practical guidance with applying for benefits enables those affected by cancer to navigate these challenging times and build their financial resilience.

A client’s story

Weston Park Cancer Charity connected a service user with prostate cancer to one of our specialist advisors at Sheffield Citizens Advice. His wife was his full-time carer, whilst also trying to manage the small business which they had setup together. Of pension age, they still had a large mortgage and high monthly bills.

The Citizens Advice advisor discussed their situation and helped the couple to submit claims for Attendance Allowance, Carer’s Allowance and Pension Credit. They also helped apply for Council Tax Support and a Blue Badge.

The total benefit claim of the couple was worth over £12,000 per year, hugely reducing their financial concerns and making an enormous difference to their wellbeing during this challenging time.

2.3 Objective 3: Provide free transport to hospital appointments

Access - everyone diagnosed with cancer in the region will have access to free transport to attend treatment and clinic appointments, if they need it

Weston Park Cancer Charity’s free transport service launched in 2021, and since then it has provided safe, reliable transport to hundreds of people.

Transport should never be a reason for someone to miss potentially lifesaving hospital appointment or treatment. At Weston Park Cancer Charity we continue to expand our free transport service for cancer patients who are receiving treatment at any of the Sheffield Teaching Hospital sites.

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Between 1 April 2023 and 31 March 2024, our transport service made 2,250 journeys, travelling a total distance of over 35,000 miles (that is more than the circumference of the globe!). Over 280 patients have made use of our service, almost 50% more than in the previous year, demonstrating the increased accessibility brought about by our new stops. We also launched a Transport Service Working Group to ensure a collaborative approach to developing the service across Services, Fundraising and Marketing teams.

During the year, we added four new pick-up points across Barnsley, Chesterfield and Rotherham, including Holiday Inn (Barnsley), Meadowhall, Rotherham Interchange and Beetwell Street (Chesterfield). We have noted that people as far afield as Crich (Derbyshire) and Skelmanthorpe (Huddersfield) have used our transport, demonstrating the need for continued expansion of this service.

We are hugely grateful to 31 volunteer drivers who enable this service to run, whilst providing a friendly and comforting face for all passengers. Together, they have contributed over 4,000 hours providing this essential service. This means more people than ever can get to and from their hospital appointments, who otherwise may have missed potentially lifesaving care and treatment.

On launching our Meadowhall free transport stop, our Transport Coordinator spoke of how patients confide in each other and value the opportunity to be amongst other people who understand what they are going through.

Angus, who was diagnosed with prostate cancer, used the transport service to access his treatment at Weston Park Cancer Centre. After finding out about the service, Angus was able to not only attend all his appointments, but also to make friends with other patients and our volunteer drivers.

Angus talks about his prostate cancer diagnosis and our free transport service.

“I knew when I was diagnosed that I would receive first-class care from Weston Park. The main issue for me was getting to the hospital from where I live in High Green in Sheffield.

“My daughter took me up for my first radiotherapy appointment, and she suggested I ask about any transport services that may be in place.

“I was in luck. The charity provides a free-of-charge bus service and one of the stops is Meadowhall – which is perfect for me. The bus drivers are all so friendly and I enjoy hearing their stories and equally, sharing mine. It makes the whole experience easier, as by the time I’ve got to the hospital we’ve already had a bit of a laugh on the way.

“Getting the bus enables me to make my own way to my appointments, and it’s direct, which means I don’t have to think about parking or running late.

“It's little things like having a chat with the bus driver about the football results, or the latest goings on. It doesn’t have to all be about cancer. A chat can change someone’s day – and I know they’ve changed some of my hardest days.”

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2.4 Objective 4: Advance Weston Park’s cancer research

Research – We will support Weston Park Cancer Centre to continue to be a leading UK cancer research centre, giving people in this region the opportunity to support ground-breaking clinical trials and studies

Cancer Clinical Trials Centre

2024 marks 25 years of the Cancer Clinical Trials Centre (CCTC) at Weston Park Cancer Centre. Weston Park Cancer Charity has been supporting their work since it began, with trials providing patients in our region the opportunity to access new treatments, and allowing Sheffield-based researchers to improve cancer care and treatment. The outcomes from this work transform cancer treatment around the world.

The CCTC provides patients with access to pioneering treatments not yet offered by the NHS. Those patients taking part in studies also receive special monitoring and close nursing supervision due to their participation. We currently fund seven research nurse positions, which are crucial to the delivery of clinical trials. These research nurses raise awareness of the trials and identify eligible patients, provide information and support for participants, co-ordinate treatment and assessment, and liaise with staff throughout the hospital.

In April 2023 we funded a two-year grant to fund a Teenage and Young Adult (TYA) research nurse, embedded within the Cancer Clinical Trials Centre, to collaborate closely with the TYA team. This role is specifically designed to increase young people with cancers’ access to clinical trials, transforming the treatment and long-term impact of cancer on this group.

Research projects

In May 2023 we celebrated the completion and publication of a research project funded by one of our grants: ‘Identifying molecular drivers of dormancy in oestrogen receptor-positive breast cancer’.

Breast cancer claims 12,000 lives in the UK each year. The cancer spreads in around 20% of patients, returning several years after treatment. This is because cancer cells can stay dormant within a patient’s bone marrow, during which they cannot be effectively detected or treated.

The research project we funded focused on identifying the key factors that allow these cancer cells to become and remain dormant. By understanding this process, the researchers aimed to facilitate the development of new drugs that will specifically target these dormant cells, thus significantly improving survival rates for breast cancer patients.

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Through in-depth gene analysis, the researchers identified key genes linked to dormancy in breast cancer cells and relapse likelihood, taking a massive step towards identifying treatment. This offers patients hope for improved outcomes.

We have supported the funding of a clinical research fellowship for Dr Rebecca Andrews, who is addressing the determinantal affect that cancer has on bone health. Specifically, she is focussing on increasing our knowledge about how the bone microenvironment behaves in patients suffering from myeloma-related bone disease, and how we can improve patient outcomes. The charity's funding enabled the delivery of an observational clinical study that has given new insights into how bone responds to cancer treatments in myeloma. Rebecca's research focusing on a TGFβ-targeting agent, shows promise in repairing myeloma bone disease.

Rebecca has also been successful in being awarded a further research contract locally to continue her cancer research beyond this clinical research fellowship

We are also delighted that Weston Park Cancer Charity grant recipient, Dr Victoria Parker, continues to produce research into Gestational trophoblastic disease that occurs during or after pregnancy. As a result of our funding, Dr Parker has been able to complete research studies that improve and personalise the diagnosis and management of patients diagnosed with this condition.

By funding research like this, we are spearheading progress that can lead to major breakthroughs in cancer care and treatment, giving new hope to all those affected by cancer in the region and beyond.

2.4.1 Our Grants Programme

In addition to supporting pioneering research at the CCTC, we also provide grants to enhance treatment and provide support for people affected by cancer in our region. We award both large and small grants that support research, treatment and care, designed to benefit patients under the care of NHS colleagues at Weston Park Cancer Centre as well as through community organisations.

We know that grants of £1,500 can make an enormous difference to front line NHS colleagues and local community organisations. Our small grants programme aims to transform cancer care through enabling these relatively small changes that can have a huge impact for cancer patients and their families.

One recent small grant provided essential funding to supply bras for patients undergoing radiotherapy at Weston Park Cancer Centre. Fran Tod, a former radiographer and current Cancer Information and Support Advisor, explained the crucial role of well-fitted bras for breast cancer patients undergoing radiotherapy. Fran explained that 63% of breast cancer patients receive radiotherapy, and require a supportive bra during treatment to ensure consistent positioning. Finding a suitable bra can be challenging and costly for patients, and can delay treatment and create financial stress.

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Thanks to our grant, the radiotherapy team can provide patients with vouchers for the necessary bras, reducing treatment delays and improving the patient experience. This emphasizes our commitment to improving the experience for every individual undergoing cancer treatment in our region.

We also provided a £1,500 grant to Friends of Foundry, a service providing weekly dropin sessions at Verdon Street Recreation Centre with free hot meals. This group aims to help people to get the financial, housing, health, and social support they need. With our support, they are raising cancer awareness in this high-risk group, and making those affected by cancer aware of our services. Our Healthcare Professionals have also attended their sessions to provide information and talk about cancer awareness.

Overall, we awarded over £362k in grants in 2023-24. Whilst we estimate our funding has impacted 18,000 people across the region, the true reach of our grants is likely to be higher as our research grants will benefit patients of future generations.

Table 2. Breakdown of grants awarded through our Small and Large Grants programmes.

During the year, the charity has made the following financial commitment towards our grant giving work

Area Large Grants Small Grants Total	Area Large Grants Small Grants Total	Area Large Grants Small Grants Total	Area Large Grants Small Grants Total
Research	£323,417	£2,700	£326,117
Treatment & Care	£23,252	£12,436	£35,688
Grand Total	£346,669	£15,136	£361,805

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2.5 Objective 5: Expand our digital offering

Digital - Everyone with cancer and their donors will be able to access support and donate through digital platforms

Our Weston Park family love to feel connected both online and in person. That is why one of our priorities is to continually develop our online presence and digital platforms.

Making a difference with digital engagement

For many people, our website is their first port of call to access information about our services, opening times, and the latest updates from the charity.

Throughout 2023-24, we implemented improvements to our website to enhance user experience and ensure individuals have easy access to the information they need. We expanded our news stories and added valuable content to keep people informed about our work. We reimagined our support services pages to provide clear and comprehensive details on our range of services, making it easy for anyone affected by cancer to find the help they need, wherever they are in their journey.

In 2023-24 31,200 people visited our website, with a total of 155,765 page views. Our donation page, cancer support services and transport service pages were within our top 10 most visited pages. Our Facebook and Instagram content reached over 540,000 people, an increase of 315% compared to 2022-23, with over 19,000 interactions (likes, shares and comments) from our online community. The growth of our social channels means we are reaching more people than ever before, increasing awareness of our services and support.

We continue to ensure our social media platforms – Facebook, Instagram, LinkedIn and X – are kept up to date with latest news and events and celebrate the support of our community. We also strive to ensure all content aligns with the charity’s strategy.

During 2023-24 we created a digital working group with representation across the charity, to focus on the delivery of our digital collection tins and ‘Give a Little’ app, enabling people to make digital donations. This lets people donate securely in more locations, encourages greater participation in supporting our vital work, and reaches a wider demographic who may no longer carry cash. We have used portable digital collection tins at several events over the year, raising a total of £11,500. We look forward to installing permanent digital collection tins in Weston Park Cancer Centre, which will provide a new mechanism by which service users can give back to the hospital and NHS staff who have supported them, whilst simultaneously raising awareness of the charity throughout the Cancer Centre.

Enhancing the donor journey

By improving our digital offering, we are making it easier for people to support our work and express gratitude in a way that directly changes the lives of those affected by cancer.

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In 2023-24 the number of donations through our online fundraising platform, Raisely, more than doubled from the previous year, with over 7,000 supporters choosing this method to donate, totalling more than £240,000 in support. Raisely enables both direct donations to the charity and provides the facility for people to fundraise on our behalf. This growth shows the importance of continuing to invest in and expand our digital offering.

We had 167 transactions through our online shop, with 459 individual products purchased for a total of £2,570. Christmas cards continue to be our most popular item, accounting for 83% of products sold.

2.6 Objective 6: Share the impact of our work and inspire support

Impact - Existing and potential donors will see the difference they make to the lives of people with cancer and their families

Our deepest thanks go out to our donors, community fundraisers, volunteers, patrons, and trustees. Without them, we couldn’t continue making a difference to thousands of people across our region. This year, over 3,300 supporters enabled us to continue being there for those that need us. Our total income between 1 April 2023 and 31 March 2024 was an incredible £2.5M, thanks to support from the Weston Park Cancer Charity family.

We are always amazed by our supporters and the innovative ways they raise money for the charity. From getting involved in charity-led events, to volunteering their time to raise money, to people setting up their own unique fundraising activities - we are overwhelmed by people’s sheer enthusiasm to support us.

Their support transforms cancer care across our region through funding our dedicated services, transport, community work and research grants, all of which are so valuable for those affected by cancer.

2023-24 Fundraising Highlights

• 939 individuals and companies fundraised for WPCC, raising a total of £735,117!

• £11,568 was donated in collection tins out in local businesses.

• £7,937 was raised by those inviting donations when celebrating big life events, including 80[th] birthdays, wedding gifts and a Golden wedding anniversary.

• Our creative community have raised funds in so many ways, including organising treasure hunts, Zumba-thons, movie days and selling knitted decorations.

• Over £2,000 was raised by daring supporters completing sky dives!

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Weston Park Hospital Development Fund Limited (a company limited by guarantee)

Annual Star Appeal

In November 2023, we ran our Christmas Appeal, shining a light on people from across our charity. This year’s appeal had a focus on Jodie, who was diagnosed with breast cancer at the age of 29. Her experience emphasises the vital role our support and services play, demonstrating how they truly make a difference and provide meaningful help.

We also included a message from Amada Traynor, a nurse at Weston Park Cancer Centre, reflecting on over 22 years of experience. Her letter highlighted the significant improvements to the hospital made possible by our supporters, including enhanced facilities and comforting amenities.

We also highlighted how donations directly impact those in need by using specific examples. For instance, we gave people the opportunity to buy virtual gifts in our online shop, where we illustrated how a gift of £25 can fund a research nurse for an hour, helping coordinate clinical trials and support patients. Similarly, a £100 contribution can provide an emergency hardship grant to a cancer patient facing financial difficulties. These tangible examples show how every donation makes a meaningful difference to local people.

Figure 3. Total income by source

Our Incredible fundraisers

We are hugely grateful for the support of our donors and fundraisers, who make a massive difference to the lives of those affected by cancer in our region. This year, we celebrated long-standing supporter and Patron of Weston Park Cancer Charity, Mick Allsop, who has been fundraising for the charity since 2004. Mick, who was given Charity Patron status in 2023, runs a myriad of events and challenges to raise funds for the charity, including an annual ‘Posh Do’. In his 20 years of dedicated fundraising, he has raised over £258,000 for the charity, and inspired many others to get involved.

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Weston Park Hospital Development Fund Limited (a company limited by guarantee)

“Weston Park Cancer Charity is truly a spectacular organisation that is engrained into South Yorkshire, Derbyshire and Nottinghamshire. The work they do is life-changing, and we are very lucky to have them.

“I am honoured to have helped raise money for them over the last 20 years, and I am privileged to be a part of making a difference to the people who need it the most.” Mick Allsop, Patron, Supporter and Friend .

The services and support we provide would not be possible without our amazing supporters. Their commitment not only inspires others to donate, but also increases the awareness of what the charity provides for those who need it. We are so incredibly grateful.

2.6.1 Fundraising Events

In January 2024, we unveiled our exciting events calendar for the year, kicking off with a campaign on February 2nd across our website and social media channels. Our coordinated posts on Facebook, Instagram, X, LinkedIn, and via email reached 4,000 people, highlighting the breadth of opportunities for supporters to engage with us.

Throughout the year we held some truly special events from our annual race day at Doncaster Racecourse, a very rainy but incredibly successful Golf Day all the way through to a memorable and festive Celebration ‘Sing Under the Stars.’ By hosting a diverse range of events, we are making it easier for more people to connect, participate, and contribute in ways that work for them, ensuring that everyone has a chance to be part of our journey and make a meaningful impact.

Walk as One

In September 2023, our inaugural Walk as One event raised more than £50,000. Over 500 supporters walked either four or ten-mile routes, coming together to celebrate the charity’s achievements. And raise vital funds.

Our patients will often share their stories with us. Weston Park patients Russ White and Stephen Hall first met waiting for chemotherapy and went on to develop a strong friendship through going on walks together. They wanted to take part in Walk as One to show their support for others going through treatment.

Weston Park patient, Jan, took part in Walk as One two days before her surgery. She shared how she felt it was important for her to take part to ensure support was available for people less fortunate than herself.

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Weston Park Hospital Development Fund Limited (a company limited by guarantee)

2.6.2 Our Amazing Volunteers

In total, 144 amazing volunteers supported our work during the 23-24 year. At Weston Park Cancer Charity, our volunteers are at the heart of everything we do. Their dedication, passion, and unwavering support enable us to make a real difference in the lives of those affected by cancer. From fundraising efforts to offering practical help, welcoming people into our Charity Hub, keeping our transport service running and providing support during the festive period, our busiest time of the year.

Table 1. The number of volunteers supporting each area of our work.

Volunteering role No. of volunteers Volunteering hours	Volunteering role No. of volunteers Volunteering hours	Volunteering role No. of volunteers Volunteering hours
Transport Drivers	31	4144
Big Purple Bus Drivers	6	483
Big Purple Bus Info & Support	6	282
Meet & Greet	4	781
Specialist Support*	2	75
Events & Fundraising	58	533
Total	102**	6298

*Specialists include a complimentary therapist and our hair loss service provider.

**Total accounts for several dedicated volunteers doing more than one role.

In addition, 42 volunteers from our corporate supporters helped at our events, collectively contributing over 350 hours.

Our volunteers play a vital role in ensuring that we can continue providing the services and support that so many people rely on. We simply could not do what we do without them, and we are deeply grateful for the time, energy, and commitment they so generously give.

Steve’s story

65-year-old Steve Dixon, an avid runner, football fan, and community champion, who, despite a devastating terminal cancer diagnosis, is determined to give back to the community through volunteering with Weston Park Cancer Charity.

He said: “Weston Park Cancer Charity’s services are truly remarkable. As a region, we are so lucky to have their services right on our doorstep.

“I know they’re there when I need their support and it’s that sort of peace of mind you need when you’re facing cancer.”

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3 Ensuring the charity is a wonderful place to work

At the core of our charity is an extraordinary team of individuals who work together to provide support for people affected by cancer, every step of the way. United, we are Team Weston Park.

At Weston Park Cancer Charity, the wellbeing of our team is a top priority. By prioritising the physical, mental and emotional health of employees, we strengthen the foundation of the charity and contribute to its overall success. Our Wellbeing Plan is designed to create a supportive environment. This includes flexible working arrangements, team socials and celebrations, and the presence of trained Mental Health First Aiders.

Our monthly all-staff meetings are a vital opportunity for us to come together, to stay informed about what’s happening across the charity, and to strengthen our understanding of how we work best as a team, and as individuals. These meetings help maintain open communication, foster collaboration, and ensure we are all aligned with the overall goals of the charity. By sometimes incorporating a breakfast butty or coffee walk in the park into our meetings, we encourage staff to engage with others across the charity and boost wellbeing.

During the year we held two all-staff away days, providing valuable opportunities to come together, celebrate achievements, and reconnect through shared experiences. These away days were centred around connection, belonging, and celebration, offering us a chance to reflect on how we collaborate and strengthen our team dynamic.

We have several working groups including groups focussed on Wellbeing, Transport, Digital, Outreach and ED&I. Our focus remains on providing the best possible services and support to the one in two people affected by cancer. By working together, we are dedicated to extending our care and resources where they are needed most, ensuring no one is left behind.

As a Real Living Wage employer, we ensure fair pay while offering a comprehensive rewards package that reflects our dedication to staff wellbeing and recognition. This further shows our commitment to valuing and supporting our team in every way possible.

This year, with the support of our trustees, we secured approval to expand our team in alignment with our strategic goals and growing ambitions. By expanding the team, we are not only enhancing our capacity to deliver impactful work, but also facilitating continued progress and development across all areas of the charity. This marks an exciting step forward in our journey to amplify our reach and broaden the impact of everything we do.

As part of this growth, we also developed a new pay policy designed to enhance staff reward and recognition. This policy reflects our commitment to ensuring fair compensation, while acknowledging the hard work and dedication of our team.

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Weston Park Hospital Development Fund Limited (a company limited by guarantee)

4 Continuing our mission

We are incredibly proud of the progress we have made across our strategic objectives in 2023-24. However, we know there is always more to do to ensure we deliver on our comprehensive and ambitious strategy by 2025.

Thanks to our wonderful teams across the charity and our colleagues at Weston Park Cancer Centre, we are on track to meet our strategic aims and make the biggest possible impact for the communities we serve.

By 2025, we want…

• Everyone across the region to know about Weston Park Cancer Charity and our services, so people understand how we can help them and their loved ones when they need it most.

• To continue our fantastic outreach work with our Big Purple Bus, breaking down health inequalities across the region, especially in areas of deprivation where experiences and survival outcomes are typically worse. We believe that every single person, regardless of their background or where they live, should have access to excellent cancer care and advice.

• To ensure that no one misses vital care and life-saving cancer treatment by providing free transport to anyone who needs it. No one should miss an appointment because they cannot get to the hospital due to financial reasons or lack of transportation.

• To continue supporting Weston Park in becoming a leading UK cancer research centre. We aim to ensure every eligible person living with cancer can participate in cutting-edge clinical trials and studies.

• To ensure everyone can access our support and donate to the charity through digital platforms.

• To help people see and understand the life-changing impact we make on the lives of people with cancer and their families. We will continue to communicate with the everyone across our Weston Park family, so they understand the true difference their money makes and ensure that they continue to feel inspired to support our work.

Together, we will continue to support our communities and be there every step of the way for the people who need us most. Thank you for being an essential part of our journey.

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Reserves, finances, investments

Review of accounts

At 31st March 2024 there was a net increase in funds of £398k (2023: decrease of £303k).

Income for the year was £2,582,240, an increase of £359k from 2022-23. This reflects an increase in legacy gifts, which has risen to £1.2m (2023 £511k) during the year.

Expenditure costs in the year were £2,204,344 (2023 £2,475k), a decrease of £270k.

Investments

Under the Memorandum and Articles of Association, the Trustees are empowered to invest the resources of the charity in any way they think fit.

At the 31 March 2024 the Charity held £489k (2023 £463k) in investments, an increase of £26k (2023: decrease of £68k) since last year.

Reserves Policy

In formulating their reserves policy, Trustees have followed the guidance set out by The Charity Commission in deciding, publishing, implementing and monitoring their charity's reserves policy so that they can comply with their legal duties to:

• Act in the interest of their charity and its beneficiaries

• Protect and safeguard the assets of their charity;

• Act with reasonable care and skill;

• Ensure their charity is accountable.

The Trustees use a risk-based approach to assess the level of unrestricted undesignated reserves that need to be held. The risks are monetised and compared to the value of working capital required. The higher value is used as the reserves level. The Trustees reserves policy sets a minimum of £600k unrestricted, undesignated funds. Reserves are reviewed at least annually.

At 31st March 2024 the charity’s total reserves were £4,356,957 (2023: £3,959,318).

Of the £0.57m designated funds held at the end of the year, £0.21m has been designated to Research Grants, £0.01m to Treatment and Care Grants, and £0.35m Outreach.

This leaves general unrestricted funds of £2.9m (2023: £2.1m), and free reserves of £2.4m (2023: £1.6m). This exceeds the target level of £600k therefore the trustees are intending to review the reserves position again during the coming year.

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Weston Park Hospital Development Fund Limited (a company limited by guarantee)

5 Our Trustees

The Trustees present their annual report together with the audited financial statements of the group and the Charity for the year ended 31 March 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" (FRS 102) in preparing the annual report and financial statements of the charity.

Weston Park Cancer Charity is a company limited by guarantee, company number 1480596, and a Charity, registration number 509803. The trustees, listed below, have overall responsibility for the strategic direction and effective governance of the charity.

Board of Trustees

Members of the board during the year and up to the date of signing the accounts were:

Niall Baker	Chairperson Ex officio member of all sub-committees
Patricia Fisher	Chair of the Services Committee Member of the Treatment and Care Committee (Retired May2023)
Robert Coleman	Chair of the Research Committee until dissolved in July 2023 Member of the Grant Giving Committee (Retired September 2024)
David Bussue	Member of the Corporate Services Committee
Nigel Beasley	Member of the Research Committee until dissolved in July 2023 Member of the Grant Giving Committee
Tim Brazier	Member of the Services Committee
Steve Wragg	Chair of the Treatment and Care Committee until dissolved July 2023 Member of the Grant Giving Committee Chair of the Corporate Services Committee, Lead for Risk & Assurance
Melinda Schofield	Member of the Corporate Services Committee
James Catto	Member of the Research Committee until dissolved in July 2023 Member of the Grant Giving Committee
Darrell Re
Peter O’Connell	Treasurer

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Weston Park Hospital Development Fund Limited (a company limited by guarantee)

	Member of the Corporate Services Committee, lead for Finance.
Stephen Chufungleung	Member of the Corporate Services Committee, lead for HR Chair of the Grant Giving Committee (Appointed April 2023)
Louise Merriman	Chair of the Services Committee (Appointed June 2023)

How our activities deliver public benefit

Our main activities and who we try to help are described within this report. All our charitable activities focus on enabling life-saving research and clinical trials, enhancing treatment and providing support for people with cancer and their loved ones across South Yorkshire and those who are receiving treatment at Weston Park Cancer Centre from across the UK. All activities are undertaken to further our charitable purposes for the public benefit.

How decisions are made

The charity operates a governance structure determined by the Board of Trustee to conduct its legal, regulatory and oversite duties. This is formed of a Board of Trustees which meets, as a minimum, three times per year. The following committees report to the board:

• Corporate Services Committee is accountable to the Board for the following: o Risk, Audit and Governance – gives assurance on all aspects of the charity’s operations including IT and premised and has oversight and scrutiny of the risk register.

• HR – oversees all matters relating to our people, appraisal of the Chair and succession planning to the Board.

• Finance – has oversight and scrutiny of finance, oversight of financial performance of the organisation and all of resources to the Board.

• Services Committee is accountable to the Board for all clinically related services, their evaluation, development and risks.

• Research Committee this committee was dissolved in July 2023 at the Board of Trustees Meeting.

• Treatment and Care Committee this committee was dissolved in July 2023 at the Board of Trustees Meeting.

• Grant Giving Committee this committee was formed in July 2023 at the Board of Trustee Meeting; it has oversight and scrutiny of grants and makes recommendations to the Board on grant applications.

The Board has an agreed delegated scheme of approval which makes it clear how decisions are made within the charity and who makes these. This was reviewed, updated and approved by the Board in July 2022.

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Weston Park Hospital Development Fund Limited (a company limited by guarantee)

Day-to-day operational decisions are delegated to the executive team headed by the Chief Executive Officer.

Decisions on Grant-Giving

• Between April – July 2023 the Research Committee and Treatment and Care Committee were chaired by a Trustee and are quorate with three members present, two of whom should be trustees. The committee(s) makes recommendations to trustees on which projects should or shouldn’t be funded and it is for the Board to make the final decision based on these recommendations. The committees have delegated responsibility to oversee the grant application process and monitor grants. The Board look to the committee to shape strategy and suggest budget allocations which Trustees then approve.

• It is important that expertise is sought from a broad range of disciplines and experience to ensure the soundest decisions are made on how grant funding is allocated and managed. Alongside trustees the Research and Treatment & Care committees include those with lived experience of cancer and those with specialist clinical research of care knowledge in the area (such as oncologists and nurses).

• From August 2023 the newly formed Grant-Giving Committee set out its terms of reference and membership. This committee makes recommendations to trustees on which projects should or shouldn’t be funded and it is for the Board to make the final decision based on these recommendations. The committees have delegated responsibility to oversee the grant application process and monitor grants. The Board look to the committee to shape strategy and suggest budget allocations which Trustees then approve.

• Membership of the Grant-Giving committee includes Trustees with clinical, research, community development and NHS governance expertise. Additional expertise is sought, including peer review of applications and evaluation of funded grants, to ensure robust and transparent decisionmaking.

• Charity operates a small grant application process through which applications to a maximum of £1,500 can be made with the total fund available being £20k per annum. Trustees delegated responsibility for these decisions to the CEO who, in turn, has delegated this to a small crossorganisational staff group. This empowers staff, is an effective way to develop their skills and ensures a wide range of experiences involved in the decisionmaking process. Staff have enjoyed being involved in this process.

Recruitment and appointment of Trustees

The skills audit of the Board is reviewed on an ongoing basis and linked to our strategy to help us to recruit people with the skills, knowledge and expertise needed to strengthen our leadership. During the year, 2 new Trustees were appointed who bring

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a wealth of experience which has benefited the charity, both have taken on chair roles of committees.

Trustee induction and training

New trustees are invited to training sessions with the CEO and Senior Leadership Team which cover the responsibilities of being a trustee as well as the specifics of the management of Weston Park Cancer Charity and the ways in which we adhere to, and deliver against, our governing document and charitable objectives. New trustees are also encouraged to participate in training for new trustees delivered by the likes of Civil Society.

Trustees are encouraged to undertake training as and when they are able, and it is the responsibility of each trustee to ensure they have the skills and knowledge to be able to undertake their role. Trustees are encouraged to participate in training provided by external providers on subjects such as governance, change to charity law and codes, finance etc. The CEO provides regular updates on policy changes and information of interest from the sector press. An annual trustee away-day takes place which involves strategy development but also team building.

Linked Charity

The Trustees’ Report and Financial Statements also incorporate The Weston Park Hospital Cancer Care and Research Fund, a linked charity. The trade and assets were transferred into Weston Park Hospital Development Fund Ltd. on 30th April 2018. There is no continued trade within this charity.

The Senior Leadership Team

Operational responsibility for the charity is delegated by the Board to the executive team. The Senior Leadership Team comprises the following roles:

• Chief Executive Officer

• Leads the charity, develops and implements strategy and is accountable for the day-to-day operations of the Charity.

• Responsible for the team which delivers finance, IT, admin, HR, health and safety and premises functions.

• Responsible for the team which delivers our services, the development of future services and effective use of our grants.

• Deputy Chief Executive Officer

• Leads the development of plans to secure income and to market ourselves so that people want to support us or use our services.

The Senior Leadership Team is supported by department heads who are responsible for delivering their part of the annual plan.

• Head of Cancer Support Services

• Head of Fundraising

• Head of Finance & Resources

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Weston Park Hospital Development Fund Limited (a company limited by guarantee)

Trustees' responsibilities statement

The Trustees (who are also directors of Weston Park Hospital Development Fund Limited for the purposes 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. Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles in the Charities SORP;

• make judgments and accounting estimates that are reasonable and prudent;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Disclosure of information to auditors

Each of the persons who are Trustees at the time when this Trustees' report is approved has confirmed that:

• so far as that Trustee is aware, there is no relevant audit information of which the charitable company's auditors are unaware, and

• that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audit information and to establish that the charitable company's auditors are aware of that information.

18/12/2024 GMT

This report was approved by the Trustees, on ……………………………………… and signed on their behalf by:

Signer ID: HZ6BK8CQPE...

Niall Baker

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Weston Park Hospital Development Fund Limited (a company limited by guarantee)

6 Independent Auditor’s Report to the

Members of Weston Park Hospital

Development Fund Limited

Opinion

We have audited the financial statements of Weston Park Hospital Development Fund (the ‘charity’) for the year ended 31 March 2024 which comprise the statement of financial activities, the balance sheet, cashflow statement and 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:

• give a true and fair view of the state of the charitable company’s affairs as at 31 March 2024, and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Companies Act 2006.

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 responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company 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 charitable company’s ability to continue as a going concern

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Independent Auditor’s Report to the Members of Weston Park Hospital Development Fund Limited

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 trustees' 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.

Opinions on other matters prescribed by the Companies Act 2006

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

• the information given in the trustees' report, which includes the directors’ report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial statements; and

• the strategic report and the directors’ report included within the trustees' report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors’ 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:

• adequate accounting records have not been kept by the charitable company, or returns adequate for our audit have not been received from branches not visited by us; or

• the charitable company’s financial statements are not in agreement with the accounting records and returns; or

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Independent Auditor’s Report to the Members of Weston Park Hospital Development Fund Limited

• certain disclosures of trustees’ remuneration specified by law are not made; or

• we have not received all the information and explanations we require for our audit.

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement the trustees (who are also the directors of the charitable company for the purposes 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 charitable company’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 responsibilities for the audit of the financial statements

We have been appointed as auditors under the Companies Act 2006 and report in accordance with this Act.

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.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

• the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise noncompliance with applicable laws and regulations;

• we identified the laws and regulations applicable to the charitable company through discussions with Trustees and other management, and from our knowledge and experience of the sector;

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Weston Park Hospital Development Fund Limited (a company limited by guarantee)

Independent Auditor’s Report to the Members of Weston Park Hospital Development Fund Limited

• we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the charitable company, including charity law and regulation, safeguarding legislation, health and safety, and data protection laws;

• we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and trustees; and

• identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.

We assessed the susceptibility of the charitable company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

• making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and

• considering the internal controls in place to mitigate risks of fraud and noncompliance with laws and regulations.

To address the risk of fraud through management bias and override of controls, we

• performed analytical procedures to identify any unusual or unexpected relationships;

• tested journal entries to identify unusual transactions; and

• investigated the rationale behind significant or unusual transactions.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

• agreeing financial statement disclosures to underlying supporting documentation;

• reading the minutes of meetings of those charged with governance; and

• enquiring of management as to actual and potential litigation and claims.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

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Weston Park Hospital Development Fund Limited (a company limited by guarantee)

Independent Auditor’s Report to the Members of Weston Park Hospital Development Fund Limited

A further description of our responsibilities is available on the FRC'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.

Signer ID: YHZA7ZGW8B...

Phillip Allsop (Senior Statutory Auditor)

For and on behalf of

BHP LLP

2 Rutland Park Sheffield S10 2PD

Date: 18/12/2024 GMT

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Weston Park Hospital Development Fund Limited (a company limited by guarantee)

7 Statement of Financial Activities

(Incorporating Income and Expenditure Account)

For the year ended 31 March 2024

Year ended 31 March 2024	Year ended 31 March 2024	Year ended 31 March 2024	Year ended 31 March 2024	Year ended 31 March 2024	Year ended 31 March 2023
	Note	Unrestricted Funds	Restricted Funds	Total Funds	Total Funds
~~Ge~~ ~~a~~	~~Ge~~	£ ~~Ge~~	£ ~~Ge~~	£ ~~Ge~~	£ ~~Ge~~
Income ~~Ge~~ ~~a~~	~~Ge~~	~~Ge~~	~~Ge~~	~~Ge~~	~~Ge~~
Donations & legacies ~~aa~~	2	2,291,123	17,693	2,308,816	2,089,292
Fundraising trading activities ~~a~~ ~~a~~		120,196		120,196	88,507
Other trading activities ~~a~~ ~~a~~		7,181		7,181	5,392
Investment income ~~a~~ ~~es~~	~~es~~	146,047 ~~es~~	~~es~~	146,047 ~~es~~	40,251 ~~es~~
Total income ~~es~~ ~~es~~	~~es~~ ~~es~~	2,564,547 ~~es~~ ~~es~~	17,693 ~~es~~ ~~es~~	2,582,240 ~~es~~ ~~es~~	2,223,442 ~~es~~ ~~es~~
~~es~~ ~~ee~~	~~es~~ ~~ee~~	~~es~~ ~~ee~~	~~es~~ ~~ee~~	~~es~~ ~~ee~~	~~es~~ ~~ee~~
Expenditure ~~ee~~ ~~ee~~	~~ee~~ ~~ee~~	~~ee~~ ~~ee~~	~~ee~~ ~~ee~~	~~ee~~ ~~ee~~	~~ee~~ ~~ee~~
Fundraising ~~ee~~ ~~ee~~	3 ~~ee~~ ~~ee~~	739,494 ~~ee~~ ~~ee~~	~~ee~~ ~~ee~~	739,494 ~~ee~~ ~~ee~~	704,866 ~~ee~~ ~~ee~~
Charitable activities ~~ee~~ ~~Ge~~	4 ~~ee~~ ~~Ge~~ ~~(~~	1,284,552 ~~ee~~ ~~Ge~~ ~~(~~	180,298 ~~ee~~ ~~Ge~~ ~~(~~	1,464,850 ~~ee~~ ~~Ge~~	1,769,661 ~~ee~~ ~~Ge~~
Total expenditure ~~en~~	~~en~~ ~~(~~	2,024,046 ~~en~~ ~~(~~	180,298 ~~en~~ ~~(~~	2,204,344 ~~en~~	2,474,527 ~~en~~
	~~(~~ ~~es~~	~~(~~	~~(~~
Net income / (expenditure) before investmentsgains /(losses) ~~es~~	~~es~~ ~~es~~	540,501 ~~es~~	(162,605) ~~es~~	377,896 ~~es~~	(251,085) ~~es~~
Net gains / (losses) on investments ~~ee~~	12 ~~es~~ ~~ee~~	19,743 ~~ee~~ ~~GO~~	~~ee~~ ~~GO~~	19,743 ~~ee~~	(51,631) ~~ee~~
Net movement in funds ~~Gs~~	~~Gs~~	560,244 ~~Gs~~ ~~GO~~	(162,605) ~~Gs~~ ~~GO~~	397,639 ~~Gs~~	(302,716) ~~Gs~~
~~Gs~~ ~~ee~~	~~Gs~~ ~~ee~~	~~Gs~~ ~~GO~~ ~~ee~~	~~Gs~~ ~~GO~~ ~~ee~~	~~Gs~~ ~~ee~~	~~Gs~~ ~~ee~~
Reconciliation of funds ~~ee~~ ~~ee~~	~~ee~~ ~~ee~~	~~ee~~ ~~ee~~	~~ee~~ ~~ee~~	~~ee~~ ~~ee~~	~~ee~~ ~~ee~~
Total funds brought forward ~~ee~~ ~~ee~~	~~ee~~ ~~ee~~	2,914,962 ~~ee~~ ~~ee~~	1,044,356 ~~ee~~ ~~ee~~	3,959,318 ~~ee~~ ~~ee~~	4,262,034 ~~ee~~ ~~ee~~
Net movement in funds ~~ee~~ ~~OO~~	~~ee~~ ~~OO~~	560,244 ~~ee~~ ~~OO~~ ~~(~~	(162,605) ~~ee~~ ~~OO~~ ~~(~~	397,638 ~~ee~~ ~~OO~~	(302,716) ~~ee~~ ~~OO~~
Total funds carried forward ~~OO~~ ~~DGD~~	~~OO~~ ~~DGD~~	3,475,206 ~~OO~~ ~~DGD~~ ~~(~~	881,751 ~~OO~~ ~~DGD~~ ~~(~~	4,356,957 ~~OO~~ ~~DGD~~	3,959,318 ~~OO~~ ~~DGD~~

The Statement of financial activities includes all gains and losses recognised in the year. The notes on pages 37 to 51 form part of these financial statements.

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Weston Park Hospital Development Fund Limited (a company limited by guarantee)

8 Balance Sheet

As at 31 March 2024

Note Year ended 31 March 2024 ~~a~~	Note Year ended 31 March 2024 ~~a~~	Note Year ended 31 March 2024 ~~a~~	Year ended 31 March 2023
~~a~~ ~~a~~		£	£
Fixed assets ~~a~~ ~~a~~
Tangible assets ~~a~~ ~~a~~	11	123,230	109,271
Investments ~~a~~	12	489,250	463,213
TOTAL FIXED ASSETS ~~a~~		612,480	572,484
~~ee~~	~~ee~~	~~ee~~	~~ee~~
Current assets ~~ee~~ ~~a~~	~~ee~~ ~~a~~	~~ee~~ ~~a~~	~~ee~~ ~~a~~
Stocks ~~a~~ ~~a~~	~~a~~ ~~a~~	11,132 ~~a~~ ~~a~~	8,921 ~~a~~ ~~a~~
Debtors ~~a~~ ~~a~~	13 ~~a~~ ~~a~~	626,332 ~~a~~ ~~a~~	788,481 ~~a~~ ~~a~~
Cash at bank and in hand ~~a~~ ~~ee~~ ~~a~~	~~a~~ ~~ee~~	4,328,486 ~~a~~ ~~ee~~	3,762,197 ~~a~~ ~~ee~~
Subtotal ~~ee~~ ~~a~~ ~~a~~	~~ee~~	4,965,950 ~~ee~~	4,559,599 ~~ee~~
Creditors: amounts falling due within one year ~~a~~ ~~a~~	14	(941,604)	(882,003)
Net current assets ~~a~~		4,024,346	3,677,596
Creditors: amounts falling due after more than one year ~~a~~	15	(279,869)	(290,762)
Net assets ~~ed~~	~~ed~~	4,356,957 ~~ed~~	3,959,318 ~~ed~~
~~a~~
Charity Funds ~~a~~
Restricted funds ~~a~~	16	881,751	1,044,356
Unrestricted funds: ~~ee~~	~~ee~~	~~ee~~	~~ee~~
Designated funds ~~ee~~ ~~ee~~	16 ~~ee~~ ~~ee~~	571,754 ~~ee~~ ~~ee~~	845,068 ~~ee~~ ~~ee~~
General funds ~~ee~~ ~~ee~~	16 ~~ee~~ ~~ee~~	2,903,452 ~~ee~~ ~~ee~~	2,069,894 ~~ee~~ ~~ee~~
Total unrestricted funds ~~ee~~ ~~ee~~ ~~a~~	~~ee~~ ~~ee~~	3,475,206 ~~ee~~ ~~ee~~	2,914,962 ~~ee~~ ~~ee~~
TOTAL FUNDS ~~ee~~ ~~a~~	~~ee~~	4,356,957 ~~ee~~	3,959,318 ~~ee~~

The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies’ regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

~~Niall Baker~~

Signer ID: HZ6BK8CQPE...

Niall Baker

Date: 18/12/2024 GMT

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Weston Park Hospital Development Fund Limited (a company limited by guarantee)

9 Statement of Cash Flows

Note 2024	Note 2024	Note 2024	2023
~~a~~ ~~a~~	~~a~~	£ ~~a~~	£ ~~a~~
Cash flows from operating activities ~~a~~ ~~a~~
Net cash used in operating activities ~~a~~ ~~a~~	19	470,343	(365,499)
~~a~~ ~~ee~~	~~ee~~	~~ee~~	~~ee~~
Cash flows from investing activities ~~ee~~ ~~ee~~	~~ee~~ ~~ee~~	~~ee~~ ~~ee~~	~~ee~~ ~~ee~~
Dividends, interests and rents from investments ~~ee~~ ~~ee~~	~~ee~~ ~~ee~~	146,047 ~~ee~~ ~~ee~~	40,251 ~~ee~~ ~~ee~~
Purchase of tangible fixed assets ~~ee~~ ~~ee~~	~~ee~~ ~~ee~~	(37,892) ~~ee~~ ~~ee~~	(93,367) ~~ee~~ ~~ee~~
Purchase of investments ~~ee~~ ~~ee~~	~~ee~~ ~~ee~~	(65,708) ~~ee~~ ~~ee~~	(44,744) ~~ee~~ ~~ee~~
Proceeds from disposal of investments ~~ee~~ ~~ee~~	~~ee~~ ~~ee~~	53,498 ~~ee~~ ~~ee~~	(50.343) ~~ee~~ ~~ee~~
Net cash provided by investing activities ~~ee~~ ~~ee~~	~~ee~~ ~~ee~~	95,945 ~~ee~~ ~~ee~~	(47,517) ~~ee~~ ~~ee~~
~~ee~~ ~~ee~~	~~ee~~ ~~ee~~	~~ee~~ ~~ee~~	~~ee~~ ~~ee~~
Change in cash and cash equivalents in the year ~~ee~~ ~~ee~~ ~~ee~~	~~ee~~ ~~ee~~	566,289 ~~ee~~ ~~ee~~	(413,016) ~~ee~~ ~~ee~~
~~ee~~ ~~ee~~	~~ee~~	~~ee~~	~~ee~~
Cash and cash equivalents at the beginning of the year ~~ee~~ ~~a~~		3,762,197	4,175,213
Cash and cash equivalents at the end of the year ~~ee~~ ~~a~~	20	4,328,486	3,762,197

The notes on pages 37 to 51 form part of these financial statements

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Document ID: 213c7b5142f215d3e3817885d74e9c20197dd8f595d2b5e4d15befedf2637ed7

Weston Park Hospital Development Fund Limited (a company limited by guarantee)

10 Notes to the Financial Statements

For the year ended 31 March 2024

1. Accounting policies

1.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Weston Park Hospital Development Fund Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

The Statement of financial activities (SOFA) and Balance sheet represent the financial statements of the charity. The results of its subsidiary undertaking, Weston Park Trading Limited have not been consolidated within the accounts due to its immaterial nature. Weston Park Trading Limited is a dormant subsidiary with share capital totalling £1.

The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.

1.2 Going concern

The Trustees have prepared forecasts of income and expenditure and cash flow for 12 months from authorising these financial statements which shows that they have sufficient reserves to be able to continue for the foreseeable future. The Board will continue to monitor the impact on income and take appropriate action as necessary. The Trustees therefore continue to adopt the going concern basis of preparation for these financial statements.

1.3 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

For legacies, entitlement is taken as the earlier of the date on which either: the Charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received 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 executor's intention to make a distribution. Where legacies have been notified to 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 treated as a contingent asset and disclosed if material.

Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold. Donated facilities are included at the value to the Charity where this can be quantified, and a third party is bearing the costs. No amounts are included in the financial statement for services donated by volunteers.

Donated services or facilities are recognised when the Charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the Charity of the item is probable and that economic benefit can be measured reliably.

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Weston Park Hospital Development Fund Limited (a company limited by guarantee)

On receipt, donated professional services and facilities are recognised on the basis of the value of the gift to the Charity which is the amount it would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

1.4 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.

Fundraising costs are those incurred in seeking voluntary contribution and do not include the costs of disseminating information in support of the charitable activities. Governance costs are those incurred in connection with administration of the Charity and compliance with constitutional and statutory requirements.

Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds. Charitable activities and Governance costs are costs incurred on the Charity's operations, including support costs and costs relating to the governance of the Charity apportioned to charitable activities. All expenditure is inclusive of irrecoverable VAT.

1.5 Grants payable

Grant awards are reviewed at least annually and are subject to the grant terms.

Grants payable are recognised in full, for all years of the grant, in the year the offer is made when there are no conditions on the grant. Where grants are conditional, they are recognised when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year-end are noted as a commitment and not recognised.

1.6 Tangible fixed assets and depreciation

A review for impairment of a fixed asset is carried out if events or changes in circumstances indicate that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying value of fixed assets and their recoverable amounts are recognised as impairments. Impairment losses are recognised in the Statement of financial activities incorporating income and expenditure account.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any

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Weston Park Hospital Development Fund Limited (a company limited by guarantee)

accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following bases:

Long-term leaseholdproperty	10years
IT equipment(over £1,000)	5years
Fixtures and fittings(over £500)	5years
Motor vehicles	10years

1.7 Interest receivable

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 institution with whom the funds are deposited.

1.8 Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

1.9 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.10 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1.11 Liabilities and provisions

Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the statement of financial activities as a finance cost.

1.12 Financial instruments

Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at

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Weston Park Hospital Development Fund Limited (a company limited by guarantee)

fair value and the changes in fair value recognised, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

1.13 Taxation

The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

1.14 Pensions

The Charity’s main pension schemes are defined contribution pension schemes and the pension charge represents the amounts payable by the Charity to the fund in respect of the year.

The Charity also participates in one of the NHS pension schemes. It is a defined benefit scheme but the Charity is unable to identify its share of the underlying scheme liabilities and so it is accounted for as a defined contribution scheme. See note 22 for further details.

1.15 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

1.16 Critical accounting estimates and areas of judgment

• Preparation of the financial statements can require management to make significant judgements and estimates.

• Multiyear grants payable – management make an assessment of the liability each year based upon the grants recognised and de-recognised in the period

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Weston Park Hospital Development Fund Limited (a company limited by guarantee)

10 Notes to the Financial Statements

For the year ended 31 March 2024

2. Income from donations and legacies

Year ended 31 March 2024	Year ended 31 March 2024	Year ended 31 March 2024	Year ended 31 March 2024	Year ended 31 March 2024	Year ended 31 March 2023
	Note	Unrestricted Funds	Restricted Funds	Total Funds	Total Funds
		£	£	£	£
Donations and fundraising		1,079,880	17,693	1,097,573	1,578,280
Legacies		1,211,243		1,211,243	511,012
Total		2,291,123	17,693	2,308,816	2,089,292
Total 2023		1,548,752	540,540	2,089,292

3. Fundraising expenditure

Year ended 31 March 2024 ~~Po~~ ~~EE~~ ~~a~~	Year ended 31 March 2024 ~~Po~~ ~~EE~~ ~~a~~	Year ended 31 March 2024 ~~Po~~ ~~EE~~ ~~a~~	Year ended 31 March 2024 ~~Po~~ ~~EE~~ ~~a~~	Year ended 31 March 2024 ~~Po~~ ~~EE~~ ~~a~~	Year ended 31 March 2023
~~Po~~ ~~rrt—“—=isi—sSC~~ ~~a~~	Note ~~rrt—“—=isi—sSC~~	Note Unrestricted Funds ~~rrt—“—=isi—sSC~~ ~~EE~~	Restricted Funds ~~rrt—“—=isi—sSC~~	Total Funds	Total Funds
~~Po~~ ~~rrt—“—=isi—sSC~~ ~~aa~~	~~rrt—“—=isi—sSC~~	£ ~~rrt—“—=isi—sSC~~ ~~EE~~	£ ~~rrt—“—=isi—sSC~~	£	£
Events and activities ~~aa~~		49,114 ~~EE~~		49,114	44,130
Wages and salaries ~~aee~~	9 ~~ee~~	397,226 ~~ee~~	~~ee~~	397,226	377,582
Training and recruitment ~~ee~~	~~ee~~	9,540 ~~ee~~	~~ee~~	9,540	8,610
Support costs ~~ee~~	6 ~~ee~~	114,713 ~~ee~~	~~ee~~	114,713	127,290
Governance costs ~~ee~~	7 ~~ee~~	13,514 ~~ee~~	~~ee~~	13,514	12,521
Other ~~ee~~ ~~a~~	~~ee~~	155,387 ~~ee~~	~~ee~~	155,387	134,733
Total ~~a~~ ~~a~~		739,494	0	739,494	704,866
Total 2023 ~~a~~ ~~a~~		704,866	0	704,866

4. Analysis of expenditure on charitable activities

Year ended 31 March 2024	Year ended 31 March 2024	Year ended 31 March 2024	Year ended 31 March 2024	Year ended 31 March 2024	Year ended 31 March 2023
	Note	Note Unrestricted Funds	Restricted Funds	Total Funds	Total Funds
		£	£	£	£
Grantspayable ~~	~~	5 ~~		~~	338,588 ~~
Patient Services		~~		~~	298,245 ~~
Staff costs		9 ~~		~~	395,443 ~~
Trainingand recruitment		~~		~~	8,870 ~~
Depreciation		~~		~~	~~
Support costs		6 ~~		~~	187,364 ~~
Governance costs ~~——~~	7 ~~——~~	56,042		56,042	51,925
Total ~~——~~	~~——~~	1,284,552	180,298	1,464,850	1,769,661
Total 2023	~~		~~	1,731,513 ~~

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Weston Park Hospital Development Fund Limited (a company limited by guarantee)

5. Grants payable

Year ended 31 March 2024 Year ended 31 March 2023 Note Unrestricted Funds Restricted Funds Total Funds Total Funds ~~SD~~
£ £ £ £ Grants to institutions Research Grants 309,664 23,218 332,882 589,521 ~~——~~
Treatment and Care Grants 23,252 23,252 276,494
Small Grants 15,200 15,200 11,448
Research Grants De-allocated (9,464) (9,464) (8,615)
Treatment and Care Grants De-allocated (34,441) Small Grants De-allocated (64) (64) (4,227) Total 338,588 23,218 361,805 830,180 Total 2023 810,408 19,772 830,180 ~~a~~
Support cost allocation in relation to these grants is set out below: 2024 2023 Research Grants 30,966 56,975 Treatment and Care Grants 2,325 27,649 Small Grants 1,520 1,145 Research Grants De-allocated, Treatment and Care Grants De-allocated show where the relevant committee has taken the decision to withdraw part or all of the funding of a grant either due to a change of circumstances, non-delivery or poor performance against the agreed terms and conditions. 6. Support costs Year ended 31 March 2024 Year ended 31 March 2023 Note Unrestricted Funds Restricted Funds Total Funds Total Funds £ £ £ £ Premises 1,292 1,292 2,007 Telephones 3,758 3,758 3,373 Office equipment & software maintenance 5,071 5,071 5,290 ~~—====a~~	Year ended 31 March 2023 Total Funds £ 2,007 3,373 5,290
Legal and Professional 34,327 34,327 50,378	50,378
Depreciation 12,722 12,722 12,280	12,280
Other staff costs 23,919 23,919 21,186	21,186
Other costs 35,713 35,713 32,130	32,130
Staff costs 9 192,924 192,924 189,651	189,651
Total 309,725 0 309,725 316,295	316,295
Total 2023 316,295 0 316,295

Page 42

Document ID: 213c7b5142f215d3e3817885d74e9c20197dd8f595d2b5e4d15befedf2637ed7

Weston Park Hospital Development Fund Limited (a company limited by guarantee)

Support costs have been allocated as follows:

Year ended 31 March 2024	Year ended 31 March 2024	Year ended 31 March 2024	Year ended 31 March 2024	Year ended 31 March 2024	Year ended 31 March 2023
	Note	Unrestricted Funds	Restricted Funds	Restricted Funds Total Funds	Total Funds Total Funds
		£	£	£	£
Costs of raisingfunds		3	_		114,713
Charitable activities		4	_		187,364
Governance costs		7	_		7,648
Total ~~Po~~	~~Po~~	309,725 ~~Po~~	0 ~~Po~~	0 309,725 ~~Po~~	309,725 316,295 ~~Po~~

7. Governance costs

Year ended 31 March 2024 Year ended 31 March 2023	Year ended 31 March 2024 Year ended 31 March 2023	Year ended 31 March 2024 Year ended 31 March 2023	Year ended 31 March 2024 Year ended 31 March 2023	Year ended 31 March 2024 Year ended 31 March 2023	Year ended 31 March 2024 Year ended 31 March 2023
	Note	Unrestricted Funds	Restricted Funds	Total Funds	Total Funds
			£		£
Wages and salaries	9	41,369		41,369	39,631
Auditor’s remuneration		18,864		18,864	15,180
Other		1,675		1,675	1,921
Support costs	6	7,648		7,648	7,714
Total		69,556	0	69,556	64,446
Total 2023		64,446	0	64,446

Governance costs have been allocated to:

Year ended 31 March 2024 Year ended 31 March 2023	Year ended 31 March 2024 Year ended 31 March 2023	Year ended 31 March 2024 Year ended 31 March 2023	Year ended 31 March 2024 Year ended 31 March 2023	Year ended 31 March 2024 Year ended 31 March 2023
	Note	Unrestricted Funds	Total Funds	Total Funds
		£	£	£
Costs of raising funds	3	13,514	13,514	12,521
Charitable activities	4	56,042	56,042	51,925
Total ~~Cf~~	~~Cf~~	69,556 ~~Cf~~	69,556 ~~Cf~~	64,446 ~~Cf~~

8. Net income / (expenditure)

2024 2023	2024 2023	2024 2023
This is stated after charging:	£	£
Depreciation of tangible fixed assets: - owned bythe charity	23,932	15,380
Auditors remuneration – audit (gross of VAT) ~~	~~ ~~	~~
Auditor’s remuneration – other services (gross of VAT) ~~	~~	4,615 ~~

Page 43

Document ID: 213c7b5142f215d3e3817885d74e9c20197dd8f595d2b5e4d15befedf2637ed7

Weston Park Hospital Development Fund Limited (a company limited by guarantee)

9. Staff costs

2024 2023	2024 2023	2024 2023
	£	£
Wages and salaries	947,490	874,621
Social security costs	90,594	89,112
Pension costs	47,949	52,396
Temporary staff	30,008	6,374
Other staff costs	8,588	8,408
Total	1,124,629	1,030,911

The average number of persons employed by the Charity during the year was as follows:

2024 2023 Average 30 27 ~~ee~~
The average headcount expressed as full-time equivalents was: 2024 2023 Service Delivery 13 11 Marketing and Fundraising 11 10 Support 6 6 Total 30 27 ~~——~~
The number of employees whose employee benefits (excluding employer pension costs) exceeded
£60,000 was: 2024 2023 In the band £60,001-£70,000 1 1 In the band £70,001-£80,000 1 ~~ee~~

The key management personnel of the charity are considered to be the Chief Executive and Deputy Chief Executive. The total employee benefits of the key management personnel of the Charity were £156,197 (2023: £149,888).

Staff costs have been allocated to activities as follows

Note Total funds 2024	Note Total funds 2024	Note Total funds 2024	Total funds 2023
		£	£
Costs of raising funds ~~—SS==>~~	3 ~~—SS==>~~	397,226 ~~—SS==>~~	377,582 ~~—SS==>~~
Charitable activities ~~—SS==>~~	4 ~~—SS==>~~	493,110 ~~—SS==>~~	424,047 ~~—SS==>~~
Support costs ~~—SS==>~~	6 ~~—SS==>~~	192,924 ~~—SS==>~~	189,651 ~~—SS==>~~
Governance ~~—SS==>~~	7 ~~—SS==>~~	41,369 ~~—SS==>~~	39,631 ~~—SS==>~~
Total ~~—SS==>~~	~~—SS==>~~	1,124,629 ~~—SS==>~~	1,030,911 ~~—SS==>~~

Page 44

Document ID: 213c7b5142f215d3e3817885d74e9c20197dd8f595d2b5e4d15befedf2637ed7

Weston Park Hospital Development Fund Limited (a company limited by guarantee)

10. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2023 - £nil).

During the year ended 31 March 2024, no Trustee expenses have been incurred (2023 - £nil).

11. Tangible fixed assets

Long-term leasehold property Motor vehicles Fixtures and fittings	Long-term leasehold property Motor vehicles Fixtures and fittings	Long-term leasehold property Motor vehicles Fixtures and fittings	Long-term leasehold property Motor vehicles Fixtures and fittings	Total
Cost or valuation	£	£	£	£
At 1 April 2023	46,002	82,755	102,000	230,757
Additions		4,790	33,102	37,892
At 31 March 2024	46,002	87,545	135,102	268,649
Depreciation
At 1 April 2023	46,002	64,822	10,663	121,487
Charge for the year	0	10,249	13,683	23,932
At 31 March 2024	46,002	75,071	24,346	145,419
At 31 March 2024	0	12,474	110,756	123,230
At 31 March 2023	0	17,933	91,337	109,270

12. Fixed Asset Investments

2024 2023	2024 2023	2024 2023
	£	£
Market value at 1 April 2023	463,213	531,360
Additions	65,708	44,744
Disposals	(53,498)	(50,343)
Net investment gains /(losses)	13,827	(62,548)
Market value at 31 March 2024	489,250	463,213

In addition to the above investments held at market value, a £1 investment in the subsidiary company Weston Park Trading Limited is included in the 2024 figures. Total Investments are therefore £489,251 (2023: £463,214).

2024 2023 £ £ ~~|~~ Cost at 31 March 397,191 384,981 ~~|~~ | | | Unrealised (loss)/gain 13,827 (62,548) Realised gain 5,916 10,917 ~~|~~ Net (loss)/gain on investment 19,743 (51,631) The difference between the historical cost and market value of investments has been included in unrestricted funds.

Page 45

Document ID: 213c7b5142f215d3e3817885d74e9c20197dd8f595d2b5e4d15befedf2637ed7

Weston Park Hospital Development Fund Limited (a company limited by guarantee)

The following investments account for more than five percent of the total market value of investments held by the charitable company:

Holding 2024 2023
% £ £
Vanguard Funds PLC S&P 500 Units Etf USD Dis 11% 55,103 43,754 ~~
Legal & General UT L&G All Stks Gilt Idx Tst 7% 36,053 0 ~~
Royal London Utm Sterl Credit Instl Inc Z GBP 5% 26,664 25,410 Findlay Park Fund Ic Findlay Park American I 4% 21,614 23,193 Total 139,434 92,357 ~~
13. Debtors
2024 2023
Due within one year £ £
Prepayments 44,507 34,625 Accrued income 581,825 753,856 ~~
Total 626,332 788,481 ~~

13. Debtors

14. Creditors: Amounts falling due within one year

2024 2023	2024 2023	2024 2023
	£	£
Trade creditors	264,045	163,967
Deferred income	22,875	10,450
Other creditors	30,043	23,305
Accruals	65,217	41,103
Grants payable	559,424	643,178
Total	941,604	882,003

15. Creditors: Amounts falling due after more than one year

2024 2023	2024 2023	2024 2023
	£	£
Grants payable		279,869

16. Statement of funds

Balance at 1 April 2023 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2023 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2023 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2023 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2023 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2023 Income Expenditure Transfers in/out Gains /(losses)	Balance at 31 March 2024
Unrestricted funds	£	£	£	£	£	£
~~	~~ ~~	~~	~~	~~ ~~	~~ ~~	~~
Designated funds ~~	~~		~~	~~
Delivery of strategy - research	452,552		(265,000)	26,782		214,335
Delivery of strategy - treatment and care	33,983		(21,000)			12,983
Delivery of strategy - outreach ~~Po~~	358,533	~~ef~~	(14,097) ~~ef~~			344,436
Total ~~Po~~	845,068	0 ~~ef~~	(300,097) ~~ef~~	26,782	0	571,754

Page 46

Document ID: 213c7b5142f215d3e3817885d74e9c20197dd8f595d2b5e4d15befedf2637ed7

Weston Park Hospital Development Fund Limited

(a company limited by guarantee)

Balance at 1 April 2023 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2023 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2023 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2023 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2023 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2023 Income Expenditure Transfers in/out Gains /(losses)	Balance at 31 March 2024
General funds	2,069,894	2,564,547	(1,723,949)	(26,782)	19,743	2,903,452
Total Unrestricted Funds	2,914,962	2,564,547	(2,024,046)	0	19,743	3,475,206
Restricted funds ~~po~~	~~po~~	~~po~~	~~po~~	~~po~~	~~po~~	~~po~~
Scott McBride Sarcoma Fund ~~po~~	110 ~~po~~	~~po~~	(110) ~~po~~	~~po~~	~~po~~	0 ~~po~~
Brain Tumour Support Group Fund	2,175					2,175
Heads Together Support GroupFund	20,296	8,005	(1,888)			26,412
Thyroid Patients Fund	3,542					3,542
Rochelle Baxter Fund	104,496	9,688	(21,219)			92,965
Barnsley Transport Fund	2,409		(2,409)			0
Community Fund - Outreach	262,937		(104,073)			158,865
Westfield Health Foundation	52,000		(18,898)	(33,102)		0
SYB ICS Cancer Alliance	20,491		(20,491)			0
Capital fund - buses	75,900		(11,210)	33,102		97,792
Hospital equipment fund	500,000					500,000
Total Restricted Funds	1,044,356	17,693	(180,298)	0	0	881,751
Total of Funds	3,959,318	2,582,240	(2,204,344)	0	19,743	4,356,957

Designated funds

The trustees designated £1.8m for projects related to our ‘Together at Every Step’ strategy listed below. These funds are being utilised over a three-year period.

Delivery of Together at Every Step strategy – Research Grants

This fund is to enable us to invest in research and new technologies that can improve the effectiveness, tolerability and/or cost effectiveness of treatment and also to give patients the opportunity to participate in ground-breaking clinical trials.

Delivery of Together at Every Step strategy - Treatment and Care Grants

This fund is to enable us to improve the environment where cancer patients across the region receive treatment and to support innovative services that enhance the experience of living with and beyond cancer in the community.

Delivery of Together at Every Step strategy - Cancer Support Community Outreach

This fund is to deliver an outreach cancer support service to areas of greatest need.

Suitable fund transfers have occurred to match the funds designated by the trustees at financial year end.

Restricted fund details:

Heads Together fund – used to support projects which benefit head and neck cancer patients

Rochelle Baxter fund – used to improve the lives of cancer patients aged between 16 and 25, and their families

Scott McBride fund – used to support projects which benefit sarcoma patients

Page 47

Document ID: 213c7b5142f215d3e3817885d74e9c20197dd8f595d2b5e4d15befedf2637ed7

Weston Park Hospital Development Fund Limited (a company limited by guarantee)

Thyroid patient fund – used to support projects which benefit thyroid patients

Barnsley Transport fund – used to support the Barnsley transport service

Outreach – National Lottery Community funds received for the Outreach programme commenced in 2022/23

Westfield – prior year funding used to purchase the Big Purple Buses for the Outreach programme, in support of strategic objective 2. During the year £33,102 was transferred to the capital fund for additional costs on the buses.

SYB ICS Cancer Alliance – funding used for operational costs of the Outreach programme and the Rotherham bus service, in support of strategic objective 3.

Capital fund - buses - funded the purchase of a minibus for the Rotherham transport service and two buses for Outreach service delivery. Depreciation will be charged against the funding over the 10-year useful life of the vehicles

Hospital equipment fund - £500,000 towards the purchase of equipment to support Weston Park Hospital.

Balance at 1 April 2022 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2022 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2022 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2022 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2022 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2022 Income Expenditure Transfers in/out Gains /(losses)	Balance at 31 March 2023
~~ee~~	£ ~~ee~~	£ ~~ee~~	£ ~~ee~~	£ ~~ee~~	£ ~~ee~~	£ ~~ee~~
Unrestricted funds ~~ee~~ ~~rd~~	~~ee~~ ~~rd~~	~~ee~~ ~~rd~~	~~ee~~ ~~rd~~	~~ee~~ ~~rd~~	~~ee~~ ~~rd~~	~~ee~~ ~~rd~~
~~rd~~ ~~fe~~	~~rd~~ ~~fe~~	~~rd~~ ~~fe~~	~~rd~~ ~~fe~~	~~rd~~ ~~fe~~	~~rd~~ ~~fe~~	~~rd~~ ~~fe~~
Designated funds ~~fe~~	~~fe~~ ~~es~~	~~fe~~ ~~ss~~	~~fe~~ ~~ss~~	~~fe~~	~~fe~~	~~fe~~
Delivery of 5 year strategy - research ~~ee~~	1,027,548 ~~ee~~ ~~es~~	~~ee~~ ~~ss~~	(555,224) ~~ee~~ ~~ss~~	(19,772) ~~ee~~	~~ee~~	452,552 ~~ee~~
Delivery of 5 year strategy - treatment and care	316,525 ~~es ~~	~~ss~~	(282,542) ~~ss~~			33,983
Delivery of 5 year strategy - outreach	358,533					358,533
Other - Emergence ~~rs~~ ~~a~~	7,379 ~~rs~~	~~rs~~	(3,629) ~~rs~~	(3,750) ~~rs~~	~~rs~~	0 ~~rs~~
Total ~~a~~	1,709,985	0	(841,395)	(23,522)	0	845,068
~~ars~~	~~rs~~	~~rs~~	~~rs~~	~~rs~~	~~rs~~	~~rs~~
General funds ~~es~~	2,010,085 1,682,902 ~~es~~	2,010,085 1,682,902 ~~es~~	(1,594,984) ~~es~~	23,522 ~~es~~	(51,631) ~~es~~	2,069,894 ~~es~~
~~se~~ ~~re~~	~~se~~	~~se~~ ~~sD~~	~~se~~ ~~sD~~	~~se~~ ~~sD~~	~~se~~ ~~sD~~	~~se~~
Total Unrestricted funds ~~re~~	3,720,070 ~~De~~	1,682,902 ~~sD~~ ~~De~~	(2,436,379) ~~sD~~ ~~eG~~	0 ~~sD~~ ~~eG~~	(51,631) ~~sD~~	2,914,962
~~re~~ ~~ed~~	~~ed~~ ~~De~~ ~~nD~~	~~sD~~ ~~ed~~ ~~De~~ ~~nD~~	~~sD~~ ~~ed~~ ~~eG~~	~~sD~~ ~~ed~~ ~~eG~~	~~sD~~ ~~ed~~	~~ed~~
Restricted funds ~~es~~	£ ~~De~~ ~~es~~ ~~nD~~	£ ~~De~~ ~~es~~ ~~nD~~	£ ~~eG~~ ~~es~~	£ ~~eG~~ ~~es~~	£ ~~es~~	£ ~~es~~
Support Centre Fund	518 ~~nD~~ ~~es~~	~~nD~~ ~~es~~	(518)			0
Scott McBride Sarcoma Fund ~~ee~~	0 ~~ee~~ ~~es~~	110 ~~ee~~ ~~es~~	~~ee~~	~~ee~~	~~ee~~	110 ~~ee~~
Brain Tumour Support GroupFund ~~ee~~	2,175 ~~ee~~ ~~es ~~	~~ee~~ ~~es~~	~~ee~~	~~ee~~	~~ee~~	2,175 ~~ee~~
Heads Together Support GroupFund	17,260	3,390	(354)			20,296
Thyroid Patients Fund ~~ee~~	3,542 ~~ee~~	~~ee~~	~~ee~~	~~ee~~	~~ee~~	3,542 ~~ee~~
Rochelle Baxter Fund ~~DG~~	117,873 ~~DG~~ ~~De~~	6,040 ~~DG~~ ~~De~~	(19,417) ~~DG~~	~~DG~~	~~DG~~	104,496 ~~DG~~
Barnsley Transport Fund ~~re~~	7,596 ~~re~~ ~~De~~ ~~De~~	~~re~~ ~~De~~ ~~De~~	(5,187) ~~re~~	~~re~~	~~re~~	2,409 ~~re~~
Outreach ~~ee~~	270,000 ~~De~~ ~~ee~~ ~~De~~	~~De~~ ~~ee~~ ~~De~~	(7,063) ~~ee~~	~~ee~~	~~ee~~	262,937 ~~ee~~
Westfield Health Foundation	100,000 ~~De~~	~~De~~		(48,000)		52,000
SYB ICS Cancer Alliance ~~rs~~	23,000 ~~rs~~	~~rs~~	(2,509) ~~rs~~	~~rs~~	~~rs~~	20,491 ~~rs~~

Page 48

Document ID: 213c7b5142f215d3e3817885d74e9c20197dd8f595d2b5e4d15befedf2637ed7

Weston Park Hospital Development Fund Limited (a company limited by guarantee)

Balance at 1 April 2022 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2022 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2022 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2022 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2022 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2022 Income Expenditure Transfers in/out Gains /(losses)	Balance at 31 March 2023
Capital fund - buses	0	31,000	(3,100)	48,000		75,900
Hospital equipment fund ~~GG~~ ~~-_—~~	0 ~~GG~~	500,000 ~~GG~~	~~GG~~	~~GG~~ ~~	~~	~~GG~~ ~~
Total Restricted funds ~~-_—~~	541,964	540,540	(38,148)	0 ~~	~~	0 ~~
~~-_—~~				~~	~~	~~
Total of funds ~~-_—~~	4,262,034			2,223,442

17. Summary of funds

Summary of funds – current year

Balance at 1 April 2023 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2023 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2023 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2023 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2023 Income Expenditure Transfers in/out Gains /(losses)	Balance at 1 April 2023 Income Expenditure Transfers in/out Gains /(losses)	Balance at 31 March 2024
	£	£ ~~FT~~ ~~ee~~	£ ~~FT~~ ~~ee~~	£ ~~ee~~	£ ~~	~~
Designated funds	845,068	~~FT~~ ~~ee~~ ~~ee~~	(300,097) ~~FT~~ ~~ee~~ ~~ee~~	26,782 ~~ee~~ ~~ee~~	~~	~~ ~~
General funds	2,069,894 2,564,547	2,069,894 2,564,547 ~~ee ~~ ~~ee~~ ~~PT~~	(1,723,949) ~~ee~~ ~~ee~~ ~~PT~~	(26,782) ~~ee~~ ~~ee~~	19,743 ~~	~~ ~~
Restricted funds	1,044,356	17,693 ~~ee ~~ ~~PT~~ ~~ee~~	(180,298) ~~ee~~ ~~PT~~ ~~ee~~	~~ee~~ ~~ee~~	~~	~~ ~~
Total	3,959,318	2,582,240 ~~PT~~ ~~ee~~	(2,204,344) ~~PT~~ ~~ee~~	0 ~~ee~~	19,743 ~~	~~ ~~

Summary of funds – prior year

Balance at 1 April 2022 Income Expenditure Transfers in/out Gains /(losses) ~~Po~~ ~~ee~~ ~~ee~~	Balance at 1 April 2022 Income Expenditure Transfers in/out Gains /(losses) ~~Po~~ ~~ee~~ ~~ee~~	Balance at 1 April 2022 Income Expenditure Transfers in/out Gains /(losses) ~~Po~~ ~~ee~~ ~~ee~~	Balance at 1 April 2022 Income Expenditure Transfers in/out Gains /(losses) ~~Po~~ ~~ee~~ ~~ee~~	Balance at 1 April 2022 Income Expenditure Transfers in/out Gains /(losses) ~~Po~~ ~~ee~~ ~~ee~~	Balance at 1 April 2022 Income Expenditure Transfers in/out Gains /(losses) ~~Po~~ ~~ee~~ ~~ee~~	Balance at 31 March 2023
~~Po~~ ~~Po~~	£	£	£ ~~ee~~ ~~ee~~	£ ~~ee~~ ~~ee~~	£ ~~ee~~ ~~ee~~	£
Designated funds ~~Po~~ ~~Po~~ ~~Po~~	1,709,985		(841,395) ~~ee~~ ~~ee~~ ~~ee~~	(23,522) ~~ee~~ ~~ee~~ ~~ee~~	~~ee~~ ~~ee~~ ~~ee~~	845,068
General funds ~~Po~~ ~~Po~~ ~~Po~~	2,010,085	1,682,902	(1,594,984) ~~ee~~ ~~ee~~ ~~ee~~	23,522 ~~ee~~ ~~ee~~ ~~ee~~	23,522 (51,631) ~~ee~~ ~~ee~~ ~~ee~~	2,069,894
Restricted funds ~~Po~~ ~~Po~~ ~~Po~~	541,964	540,540	(38,148) ~~ee~~ ~~ee~~ ~~ee~~	~~ee~~ ~~ee~~ ~~ee~~	~~ee~~ ~~ee~~ ~~ee~~	1,044,356
Total ~~Po~~ ~~Po~~	4,262,034	2,223,442	(2,474,527) ~~ee ~~ ~~ee~~	0 ~~ee~~ ~~ee~~	(51,631) ~~ee~~ ~~ee~~	3,959,318

18. Analysis of net assets between funds

Analysis of net assets between funds – current year

Unrestricted funds 2024 Restricted funds 2024 Total funds 2024	Unrestricted funds 2024 Restricted funds 2024 Total funds 2024	Unrestricted funds 2024 Restricted funds 2024 Total funds 2024	Unrestricted funds 2024 Restricted funds 2024 Total funds 2024
Current Year	£	£	£
Tangible fixed assets	123,230		123,230
Fixed asset investments	489,250		489,250
Current assets	4,084,199	881,751	4,965,950
Creditors due within one year ~~a~~	(941,604)		(941,604)
Creditors due in more than one year ~~a~~	(279,869)		(279,869)
Total ~~a(OO~~	3,475,206 ~~(OO~~	881,751 ~~(OO~~	4,356,957 ~~(OO~~

Analysis of net assets between funds – prior year

Unrestricted funds 2023 Restricted funds 2023 Total funds 2023	Unrestricted funds 2023 Restricted funds 2023 Total funds 2023	Unrestricted funds 2023 Restricted funds 2023 Total funds 2023	Unrestricted funds 2023 Restricted funds 2023 Total funds 2023
Prior Year	£	£	£
Tangible fixed assets ~~Ds~~	33,371 ~~Ds~~	75,900 ~~Ds~~	109,271 ~~Ds~~
Fixed asset investments ~~Ds~~		463,213 ~~Ds~~	~~Ds~~
Current assets	~~a~~	3,591,143	968,456
Creditors due within one year ~~a~~	(882,003)		(882,003)

Page 49

Document ID: 213c7b5142f215d3e3817885d74e9c20197dd8f595d2b5e4d15befedf2637ed7

Weston Park Hospital Development Fund Limited (a company limited by guarantee)

2024 2023 ~~————————————~~	2024 2023 ~~————————————~~	2024 2023 ~~————————————~~
~~————————————~~	£ ~~————————————~~	£ ~~————————————~~
Net income for the year (as per Statement of Financial Activities)	397,639	(302,716)
Adjustments for:
Depreciation charges	23,932	15,380
Losses/(gains) on investments	(13,827)	62,548
(Increase)/decrease in stocks	(2,211)	(3,711)
Decrease in debtors	162,149	(309,168)
Increase/(decrease) in creditors	48,708	212,419
Investment income	(146,047)	(40.251)
Net cash used in operating activities	470,343	(365,499)

20. Analysis of cash and cash equivalents

2024 2023	2024 2023	2024 2023
	£	£
Cash at bank and in hand	4,328,486	3,762,197
Total cash and cash equivalents	4,328,486	3,762,197

21. Analysis of changes in net debt

At 1 April 2023 Cash flows At 31 March 2024	At 1 April 2023 Cash flows At 31 March 2024	At 1 April 2023 Cash flows At 31 March 2024	At 1 April 2023 Cash flows At 31 March 2024
	£	£	£
Cash at bank and in hand	3,762,197	566,289	4,328,486
Total	3,762,197	566,289	4,328,486

22. Pension commitments

Eligible staff belong to one of three pensions:

All staff who joined the organisation after 1st May 2018 and all staff who were TUPEd over from the Weston Park Cancer Care and Research Fund charity are in the Charity's auto-enrolment scheme with the Peoples Pension. Weston Park Cancer Charity makes an employer’s contribution to the scheme.

One member of staff who was with the charity before the merger is in an auto-enrolment compliant stakeholder pension. Weston Park Cancer Charity makes an employer’s contribution to the schemes. The pension funds above are assets of the individual and Weston Park Cancer Charity has no liability nor interest in the value of each fund. Weston Park Cancer Charity contributions are charged to the SoFA as they are incurred.

Staff who had an NHS pension when they joined the Charity and who were still eligible to be in the NHS scheme remain in the scheme. Weston Park Cancer Charity makes contributions to the NHS superannuation scheme. Employer’s pension cost contributions are charged to operating expenses as and when they become due.

The latest actuarial valuation undertaken for the NHS Pension Scheme was completed as at 31 March 2020. It was published in October 2023 and noted a notional deficiency of £40.9Bn. The results of this valuation set the employer contribution rate payable from April 2024 to 23.7%, up from 20.6% (2019) of pensionable pay. The uplift was funded by the Department for Health and Social Care.

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Weston Park Hospital Development Fund Limited (a company limited by guarantee)

The total employer contribution payable to the NHS Pension Scheme in 2023-24 was £2,893 (2022-23 £10,015), £Nil was outstanding at the year end (2023: £Nil). In addition, employees who are members of the Scheme paid salary dependant contributions of 6.1%.

23. Related party transactions

Donations totalling £2,301 (2023: £9,485) were received from Trustees in the year.

During the year Irwin Mitchell charged £1,253 (2023: £1,210) for services to the charity. Niall Baker is the Regional Managing Partner of Irwin Mitchell.

24. Capital commitments

At 31st March 2024 the charity had no capital commitments (2023: none)

25. Contingent assets

In accordance with the charity’s accounting policy in note 1.3, legacies to which the charity had entitlement by the year end and the amount is confirmed, have been included within accrued income. There were no additional legacies where the revenue recognition criteria had been met by 31 March 2024 (2023 £157,560).

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