Charity Registration No. 701336
LEUKAEMIA UNIT APPEAL FUND
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
LEUKAEMIA UNIT APPEAL FUND
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | Lee Jenkins |
|---|---|
| Roslyne Bratt-Wyton | |
| Pauline Jenkins | |
| Ken Winning | |
| David Bareford | |
| Christine Protheroe | |
| Angela Watts | |
| Charity number | 701336 |
| Principal address | 38 Strathern Drive |
| Coseley | |
| West Midlands | |
| WV14 9HE | |
| Independent examiner | Neal and Co Business Services Limited |
| Shakespeare Buildings | |
| 26 Cradley Road | |
| Cradley Heath | |
| West Midlands | |
| B64 6AG | |
| Bankers | NatWest |
| Merry Hill Centre | |
| Brierley Hill | |
| West Midlands | |
| DY1 1LW | |
| Solicitors | Higgs & Sons |
| 3 Waterfront Business Park | |
| Dudley Road | |
| Brierley Hill | |
| DY5 1LX |
LEUKAEMIA UNIT APPEAL FUND
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Independent examiner's report | 3 - 4 |
| Statement of financial activities | 5 |
| Statement of financial position | 6 |
| Notes to the accounts | 7 - 14 |
LEUKAEMIA UNIT APPEAL FUND
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2023
The trustees present their report and accounts for the year ended 31 March 2023.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's constitution, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016)
Objectives and activities
The charity's objective continues to be the promotion of care in comfortable surroundings for patients receiving treatment for haematological malignancies and those receiving chemotherapy for solid tumours. The charity has provided for the construction and expansions to the Georgina Unit in the Metropolitan Borough of Dudley. These objectives are met by a number of activities which assist in the maintenance of the care environment by assisting the welfare of patients, families and staff.
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Purchase of consumables, games, furnishings and other items to improve the quality of life for those who work and stay in the Unit.
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Contributions towards the upkeep of the Unit.
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Contributions towards the purchase of equipment for the Unit.
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Provision of respite accommodation for patients and their families.
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Provision of scholarships to nurses and other hospital staff to assist with their training and education in cancer care.
The charity formed a wholly owned trading subsidiary called LUAF Ltd on 7th February 2013. The trading activity of LUAF Ltd is the sale of donated goods in charity shops. Profits from this company are transferred to the charity via the provisions of gift aid at the end of each financial year.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
This year has been another challenging year for the fund in terms of raising funds to meet its core objectives. Historically low interest rates have resulted in poor investment returns. Covid 19 also meant a loss of income due to a reduction in fundraising.
In addition to assisting the Georgina Unit with general purchases of consumables, the fund has continued to finance large items of expenditure by earmarking monies to be spent on specific items which will benefit the Unit, the staff and the patients. Details of these are given in Note 16 of the financial statements.
The fund has continued to support the maintenance of the holiday homes, support of education and training for Haemato/Oncology staff and patient support. The fund has also been able to help patients with special events in their lives.
The respite accommodation allows the units patients and families to enjoy a holiday when treatment allows and also allows for bereaved families to take time away in a comfortable environment. The respite accommodation consists of a log cabin, two chalets and a family caravan.
The Trustees pay a tribute to the invaluable work undertaken by the many people who have volunteered their time, in assisting with the fund-raising events and helping to maintain the chalets, log cabin and caravan.
Therefore, taking into account the difficult economic climate, 2022/23 has been an encouraging year with the generous support from many people. This has allowed the fund to support the Georgina Unit in all its activities.
The success of the fund also brings additional responsibilities to the Trustees to ensure the money is spent appropriately.
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LEUKAEMIA UNIT APPEAL FUND
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
Financial review
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
The trustees have built up reserves to meet the ongoing changes within the Leukaemia and cancer care environment. The trustees have funds designated for the purchase of specialist equipment and the cost of educational scholarships. Other designated funds are for the support of salaries for specialised staff.
The trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
Structure, governance and management
The charity was established by a charitable trust deed on 27 February 1989.
The trustees who served during the year were: Lee Jenkins Roslyne Bratt-Wyton Pauline Jenkins Ken Winning David Bareford Christine Protheroe Angela Watts
Prospective new Trustees are nominated by Board members.
The trustees' report was approved by the Board of Trustees.
Roslyne Bratt-Wyton
Trustee Dated: 16 October 2023
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LEUKAEMIA UNIT APPEAL FUND
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LEUKAEMIA UNIT APPEAL FUND
I report on the accounts of the charity for the year ended 31 March 2023, which are set out on pages 5 to 14.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
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(i) examine the accounts under section 145 of the 2011 Act;
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(ii) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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(iii) to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.
Independent examiner's statement
Your attention is drawn to the fact that the charity has prepared accounts in accordance with Accounting and reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
In connection with my examination, no other matter except that referred to in the previous paragraph has come to
my attention:
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(a) which gives me reasonable cause to believe that in any material respect the requirements:
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(i) to keep accounting records in accordance with section 130 of the 2011 Act; and
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(ii) to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act;
have not been met or
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(b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
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LEUKAEMIA UNIT APPEAL FUND
INDEPENDENT EXAMINER'S REPORT (CONTINUED) TO THE TRUSTEES OF LEUKAEMIA UNIT APPEAL FUND
Robert Chance FCCA Neal and Co Business Services Limited
The Association of Chartered Certified Accountants Shakespeare Buildings 26 Cradley Road Cradley Heath West Midlands B64 6AG
Dated: 16 October 2023
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LEUKAEMIA UNIT APPEAL FUND
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2023
| Notes Income and endowments from: Donations and legacies 2 Other trading activities 3 Investments 4 Other income 5 Total income Expenditure on: Charitable activities 6 Other 10 Total resources expended Net income/(expenditure) for the year/ Net movement in funds Fund balances at 1 April 2022 Fund balances at 31 March 2023 |
2023 £ 22,970 4,027 5,254 147,618 179,869 159,738 428 160,166 19,703 1,155,735 1,175,438 |
2022 £ 73,262 259 4,217 96,975 174,713 214,452 250 214,702 (39,989) 1,195,724 1,155,735 |
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
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LEUKAEMIA UNIT APPEAL FUND
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023
| Notes Fixed assets Property, plant and equipment 11 Investments 12 Current assets Trade and other receivables 14 Cash at bank and in hand Current liabilities 15 Net current assets Total assets less current liabilities Income funds Unrestricted funds Designated funds 16 General unrestricted funds |
2023 £ £ 9,620 1 9,621 93,296 1,074,971 1,168,267 (2,450) 1,165,817 1,175,438 156,675 1,018,763 1,175,438 1,175,438 |
2022 £ £ 52,867 1 52,868 113,463 994,535 1,107,998 (5,131) 1,102,867 1,155,735 289,921 865,814 1,155,735 1,155,735 |
2022 £ £ 52,867 1 52,868 113,463 994,535 1,107,998 (5,131) 1,102,867 1,155,735 289,921 865,814 1,155,735 1,155,735 |
|---|---|---|---|
| 52,868 1,102,867 |
|||
| 1,155,735 | |||
| 1,155,735 | |||
| 1,155,735 |
The accounts were approved by the Trustees on 16 October 2023
Lee Jenkins Roslyne Bratt-Wyton Trustee Trustee
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LEUKAEMIA UNIT APPEAL FUND
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
1 Accounting policies
Charity information
Leukaemia Unit Appeal Fund is a a registered charity in England and Wales. The principal address is 38 Strathern Drive, Coseley, West Midlands, WV14 9HE.
1.1 Accounting convention
The accounts have been prepared in accordance with the charity's governing document, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin
1 not to prepare a Statement of Cash Flows.
The accounts have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the accounts.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the accounts.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4 Incoming resources
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
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LEUKAEMIA UNIT APPEAL FUND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
1 Accounting policies
(Continued)
Revenue is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, VAT and other sales related taxes.
1.5 Resources expended
Expenditure is included on an accruals basis, when incurred.
Charitable Activities
These are purchases of goods and services which relate directly to the provision of the charitable activities. Grants payable are accounted for once approved by the trustees.
Support Costs
These are incurred directly in support of the charitable activities. They are allocated equally to the two main charitable activities (supporting the patients and carers at the Leukaemia Unit at Russells Hall Hospital and respite accommodation for patients and families).
Governance
These are costs incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
1.6 Property, plant and equipment
Property, plant and equipment are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is calculated to write off the cost less estimated residual value of fixed assets on a straight line basis over their estimated useful lives.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.
1.7 Non-current investments
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.9 Fund accounting
The charity's general reserves consists of funds which the charity will use for the purpose of supporting the specialist cancer unit in the Metropolitan Borough of Dudley (the Georgina Unit) for the treatment of cancer patients with a Haematological malignancy that are cared for on the Georgina Unit, and any other related expenditure (at the discretion of the trustees).
Designated funds are unrestricted funds earmarked by the Trustees for particular purposes.
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LEUKAEMIA UNIT APPEAL FUND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
2 Donations and legacies
| Unity Productions In memory of Eileen Elsie Price The Saleem Foundation David Gregory Lindsey Holliday Pauline Adams In memory of Lily Abbiss Porsche 500 Club In memory of Gordon Monckton Third From The Right Productions Other donations 3 Other trading activities Activities for generating funds 4 Investments Interest receivable 5 Other income Net gain on disposal of tangible fixed assets Rental income from holiday homes Profits transferred from LUAF Ltd |
2023 £ 10,120 1,080 1,300 10,470 22,970 2023 £ 4,027 2023 £ 5,254 2023 £ 48,941 17,410 81,267 147,618 |
2022 £ 2,000 47,356 3,316 1,623 1,115 1,100 1,000 15,752 |
|---|---|---|
| 73,262 | ||
| 2022 £ 259 |
||
| 2022 £ 4,217 |
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| 2022 £ - 18,775 78,200 |
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| 96,975 |
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LEUKAEMIA UNIT APPEAL FUND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
6 Charitable activities
| Supporting the Leukaemia Unit Respite Accommoda tion £ £ Depreciation and impairment - 11,008 Purchase of furnishings and consumables for ward 29,483 - Scholarships 3,525 - Home chemotherapy service 79,536 - Repairs, maintenance and cleaning - 9,120 Furnishings and consumables - 2,089 Site costs - passes, rent and utilities - 19,877 112,544 42,094 Share of support costs (see note 7) 1,500 1,500 Share of governance costs (see note 7) 1,050 1,050 115,094 44,644 Analysis by fund Unrestricted funds 115,094 44,644 115,094 44,644 For the year ended 31 March 2022 Unrestricted funds 163,277 51,175 163,277 51,175 |
Total 2023 £ 11,008 29,483 3,525 79,536 9,120 2,089 19,877 154,638 3,000 2,100 159,738 159,738 159,738 |
Total 2022 £ 14,192 8,826 15,728 136,347 15,173 419 19,014 |
|---|---|---|
| 209,699 2,773 1,980 |
||
| 214,452 | ||
| 214,452 | ||
| 214,452 |
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LEUKAEMIA UNIT APPEAL FUND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
7 Support costs
| Support costs Governance costs £ £ Printing, stationery and advertising 181 - Insurance 2,459 - Sundry 360 - Audit fees - 2,100 3,000 2,100 Analysed between Charitable activities 3,000 2,100 |
2023 £ 181 2,459 360 2,100 5,100 5,100 |
2022 Basis of allocation £ 138 2,217 418 1,980 Governance 4,753 4,753 |
|---|---|---|
Governance costs includes payments to the accountants of £2,100 (2022£1,980) for independent examination fees.
8 Trustees
None of the trustees received any remuneration during the year.
9 Employees
There were no employees during the year.
10 Other
| Catering | 2023 £ 428 428 |
2022 £ 250 250 |
|---|---|---|
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LEUKAEMIA UNIT APPEAL FUND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
| 11 Property, plant and equipment Cost At 1 April 2022 Disposals At 31 March 2023 Depreciation and impairment At 1 April 2022 Depreciation charged in the year Eliminated in respect of disposals At 31 March 2023 Carrying amount At 31 March 2023 At 31 March 2022 12 Fixed asset investments Cost or valuation At 1 April 2021 & 31 March 2022 Carrying amount At 31 March 2023 At 31 March 2022 13 Financial instruments Carrying amount of financial assets Debt instruments measured at amortised cost Equity instruments measured at cost less impairment Carrying amount of financial liabilities Measured at amortised cost |
Respite Accomm Office Equipment Total £ £ £ 308,771 61,721 370,492 (95,529) - (95,529) 213,242 61,721 274,963 255,904 61,721 317,625 11,008 - 11,008 (63,290) - (63,290) 203,622 61,721 265,343 9,620 - 9,620 52,867 - 52,867 Unlisted investments £ 1 1 1 2023 2022 £ £ 80,442 87,976 1 1 2,450 5,131 |
|---|---|
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LEUKAEMIA UNIT APPEAL FUND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
14 Trade and other receivables
| Trade and other receivables | ||
|---|---|---|
| Amounts falling due within one year: Amounts due from subsidiary undertakings Prepayments and accrued income |
2023 £ 80,442 12,854 93,296 |
2022 £ 87,976 25,487 |
| 113,463 |
15 Current liabilities
| Current liabilities | ||
|---|---|---|
| Other payables Accruals and deferred income |
2023 £ 410 2,040 2,450 |
2022 £ 904 4,227 |
| 5,131 |
16 Designated funds
The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:
| Movement in funds | Movement in funds | |||||
|---|---|---|---|---|---|---|
| Balance at 1 | Incoming | Resources | Transfers | Asset | Balance at 31 | |
| April 2022 | resources | expended | disposal | March 2023 | ||
| £ | £ | £ | £ | £ | £ | |
| Respite | ||||||
| accommodation | 52,865 | - | (11,008) | - | (32,238) | 9,619 |
| Staff support and | ||||||
| bursaries | 12,000 | - | (1,525) | 1,525 | - | 12,000 |
| Hinton scholarship | ||||||
| fund | 119,356 | - | - | - | - | 119,356 |
| Amy Stew-Gregory | ||||||
| scholarship fund | 16,100 | - | (2,000) | - | - | 14,100 |
| Mr and Mrs Turner | ||||||
| ophthalmoscopes | ||||||
| fund | 1,600 | - | - | - | - | 1,600 |
| Mr M Adams | 88,000 | - | - | (88,000) | - | - |
| 289,921 | - | (14,533) | (86,475) | (32,238) | 156,675 |
Respite accommodation
This represents capital expenditure on two chalets, one log cabin and one caravan which the Fund has purchased to be utilised by the patients of the Georgina Unit and their families. The expended resources represent the annual depreciation charge and the asset disposal is the sale of the log cabin in October 2022. Therefore, the closing balance is equal to the closing net book value of the assets.
Staff support and bursaries
The Fund has previously supported the training and education of nurses and hospital staff, and had earmarked a further £12,000 towards this.
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LEUKAEMIA UNIT APPEAL FUND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023
16 Designated funds
(Continued)
Hinton scholarship fund
This fund represents a legacy received from Kenneth and Margaret Hinton. The funds have been put aside and will be used for scholarships.
Amy Stew-Gregory scholarship fund
This fund represents money raised in memory of Amy Stew-Gregory. The funds have been put aside and will be used for scholarships.
Mr and Mrs Turner ophthalmoscopes fund
This fund represents a donation from Mr and Mrs Turner for ophthalmoscopes.
Mr M Adams
This is a ring fenced donation for a chemotherapy at home service in memory of Mr M Adams. The charity has now fulfilled its 3 year support of such service.
17 Related party transactions
The Keleaner is a cleaning firm operated by the daughter of one of the Trustees (P Jenkins). They were employed to do washing and deep cleaning for the holiday homes. The total value of services amounted to £210 (2022 - £1,611).
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