Charlty reglstratlon number 701336 LEUKAEMIA UNIT APPEAL FUND ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 NEAL AND Co
LEUKAEMIA UNIT APPEAL FUND LEGAL AND ADMINISTRATIVE INFORMATION Trustees Lee Jenkins Roslyne Bratt-INyion Pauline Jenkins Ken Winning David Bareford Christine Protheroe Angela Watts Charlty number 701336 Prlnclpal address 38 Strathem Drive Coseley West Midlands IAfi114 9HE Independent examlner Neal and Co Business Services LimFted Shakespeare Buildings 26 Cradley Road Cradley Heath West Midlands B64 6AG Bankers Natvlest Merry Hill Centre Brierley Hill West Midlands DY11LW Sollcltors Higgs & Sons 3 Waterfront Business Park Dudley Road Brierley Hill DY51LX
LEUKAEMIA UNIT APPEAL FUND CONTENTS Page Trustees, report Independent examinerfs report Statement of financial activities Statement of financial posits'on Notes to the financial statements 6-15
LEUKAEMIA UNIT APPEAL FUND TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 The trustees present their annual report and financial statements for the year ended 31 March 2024. The accounts have been prepared in accordance with the accounting policies set out in note 1 to tre 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 viith 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 activitles The chaflty's objective continues to be the promotion of care in comfortable surroundings for patients receiving treatment for haematological malignancies and those reIving chemotherapy for solid tumours. The charity has provided for the construction and expansions to the Georgina Unit in the Metropolitan Borough of Dudey. These objectives are met by a number of activities which assist in the maintenance of the care environment by assistin9 the welfare of patients, families and staff. Purchase of consumables, games, furnishings and other items to imprové the quality of life for those who work and stay in the Unit. Contributions towards the upkeep of the Unit. Contributions towards the purchase of equipment for the Unrt. Provision of respite accommodation for patients and their families. Provision of scholarships to nurses and other hospital staff to assist with their training and education in canr care. The charity formed a wholly owned trading subsidiary called LUAF Ltd on 7th February 2013. The tr&4ing 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. In addition to assisting the Georgina Unit with general purchases of consumables, the fund has continued to finance large items of expenditure by eamarking monies to be spent on specific items which will benefit the Unit, the stsff and the patients. Detsils of these are given in Note 15 of the financial statements. The fund has continued to support the maintenance of the holiday homes, support of education and training for Haematoloncology 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 I•], two chalets and a family caravan. The Trustees pay a tribute to the invaluable wot* 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, 2023124 has been an encouraging Ye with the generous support from many people. This has allowed the fund to support the Georgina Unit in all its activits'es. The success of the fund also brings additional responsibilities to the Trustees to ensure the money is spent appropriately.
LEUKAEMIA UNIT APPEAL FUND TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Flnanclal revlew 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 betsveen three and Six month's expenditure. The trustees consider that resepies 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 m8intained throughoui the year. The trustees have built up reserves to meet the ongoing changes within the Leukaemia and cancer environment. The trustees have funds designated for the wrchase of specialist equipment and the cost of educational scholarships. Other designated funds are for the support of salaries for specialised staff. The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks. Structure, governanco and management The charity was established by a chantable trust deed on 27 February 1989. The trustees who Served during the year and up to the date of signatur8 of the financial ststements were: Lee Jenkins Roslyne Bratt-vlyton Pauline Jenkins Ken Winning David Bareford Christine Protheroe Angela Wdtts Prospective new Trustees are nominaled by Board members. The trustees, report was approved by the Board of Trustees. É ,4Jw Roslyno Bratt.Wyton Trustee Dated.. 14 November 2024
LEUKAEMIA UNIT APPEAL FUND INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LEUKAEMIA UNIT APPEAL FUND I report to the trustees on my examination of the financial statements of Leukaemia Unit Appeal Fund {the charty) for the year ended 31 March 2024. Responsibllltles and basis of report As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act). I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145{5)(b) of the 2011 Act. Independent examlnerfs statement Your attenb'on is drawn to the fact that the charty has prepared finanoal statements in accordar£e wth Accounting and Reporting by Charikn'es 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 exkant regulats"Ms but has now been withdrawn. l understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effects.ve for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confimi that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act., or the financial statements do not accord with those records.. or the financial statements do not comply with the applicable requirements conceming the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concems and have come acro&8 no other matters in connection with the examination to which attention shoul rawn in this report in order to enable a proper understsnding of the financial ststements to be reached. Neal and Co Business Services Limited Shakespeare Buildings 26 Cradley Road Cradley Heath West Midlands 864 6AG Dated: 14 November 2024
LEUKAEMIA UNIT APPEAL FUND STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrnstrlcted Unrestrlcted funds funds 2024 2023 Notes Donations and legacies Other trading activities Investments Other income 35,775 250 9,468 104.503 22,970 4,027 5.254 147.618 Total Income 149.996 179,869 Charitable acts'vities 76,069 160.168 Other 10 10,000 Total expondltur¢ 86,069 160,166 Net Income for the yearl Net movement In funds 83,927 19,703 Fund balances at 1 April 2023 1,175,438 1,155,735 Fund balances at 31 March 2024 1,239.365 1,175,438 The statement of financial activities indudes all gains and losses recognised in the year. All income and expenditure derive from continuing activits"es.
LEUKAEMIA UNIT APPEAL FUND STATEMENT OF FINANCIAL POSITION AS AT31 MARCH 2024 2024 2023 Notes Flxed assets Property, plant and equipment Investments 11 12 4,780 9,820 4,781 9,621 Current assets Trade and other receivables Cash at bank and in hand 13 83,782 1,153,944 93,296 1.074,971 1,237,726 (3,142) 1,188,267 (2,450) Current Ilabllltl•$ 14 Net current assets 1,234,584 1,165,817 Totsl a88ets le88 current Ilabllltles 1,239,365 1,175,438 Incom• funds Designated funds General unrestricted funds 16 154,691 1,084,674 156,675 1,018,763 1,239,365 1,175,438 1,239,365 1,175,438 The financial ststements were approved by the Trustees on 14 November 2024 Lee Jenkins Trustse Roslyne Br8tt-Infyton * . l/ Trustee
LEUKAEMIA UNIT APPEAL FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng policles Charlty Infonnatlon Leukaemia Unit Appeal Fund is a a registered charity in England and Wales. The principal address is 38 Strathern Drive, C05eley, West Midlands, 14 9HE. 1.1 Accountlng 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 commenang 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 Updak Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements 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 vthich is referred to in the Regulations but which has since been withdrawn. The financial ststements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. Imodified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair valuel. The principal accounting policies adopted are set out below. 1.2 Golng concern At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the tnEtees continue to adopt the going concern basis of accounting in preparing the financial ststements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furth&rance of their charitable objectives. 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 financial statements. 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 contingent asset.
LEUKAEMIA UNIT APPEAL FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng pollcles {Contlnued) 1.6 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 charitsble 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 Hospitsl and respite accommodation for patients and families). Governance These are costs incurred in connection wth administration of the charty and compliance with constitutional and statutory requirements. 1.6 Property, plant and oqulpm•nt Property, plant and equipment are instially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impainnent losses. Depreciation is calculated to write off the cost less estimated residual value of fixed assets on a straight line ba8is over their estimated useful lives. The gain or loss arising on the disposal of an asset is detemiin8d as the dffterence between the sale proceeds and the carrying value of the asset. and is recognised in the ststement of financial activities. 1.7 Non4urrent Investments Fixed asset investments are initially measured at transaction price exduding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net incomel(expenditure) lor the year. Transaction costs are expensed as incurred. 1.8 Cash and cash •qulval•nts Cash and cash equivalents include cash in hand, deposits held at call %Mth banks, other short-tem liquid investments vith original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.9 Fund accountlng The charity's general reserves consists of funds thIch the charity will use for the purpose of supporting the specialist cancer unit in the MetroF)olitsn 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 earniarked by the Trustees for particular purposes.
LEUKAEMIA UNIT APPEAL FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Donations and legacies 2024 2023 Porsche 500 Club In memory of Gordon Monckton Third From The Right Productions In memory of Sandra Lorraine Price Theam Secunty Ltd Cy Wooldridge CPI Mortars LimitedlCPI Euromix Friends at Studio 524 In memory of Dave Birchall (Enville Athletic Social Club) Housewives Choice Jeff Worsey Other donations 10.120 1.080 1,300 5.689 4,000 3,588 3,498 2,015 1,311 1.000 1.000 13,674 10,470 35,775 22,970 Other trading actlvlties Unrestricted Unrestricted funds funds 2024 2023 Activities for generating fvnds 250 4,027 Investments Unrestrlcted Unrestricted funds funds 2024 2023 Interest receivable 9.468 5,254
LEUKAEMIA UNIT APPEAL FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Other Income 2024 2023 Net gain on disposal of tangible fixed assets Rental income from holiday homes Profits transferred from LUAF Ltd 48,941 17,410 81,267 13,805 90,698 104,503 147,618 Charttable actlvltles Supporting Resplte theAccommoda Leukaemia Ilon Unlt 2024 Total Supporting Resplte 2024 thoAccommoda Leukaemla tlon Unlt 2023 Total 2023 2024 2023 Depreciation and impaiment Purchase of furnishings and consumables for ward Scholarships Home chemotherapy service Repairs, maintenance and deaning Furnishings and consumables Sbte costs - passes, rent and utilities 4,840 4,840 11,008 11,008 37.487 1,126 37,487 1,126 29,483 3,525 29,483 3,525 79,536 79,536 7,246 7,246 9,120 9,120 831 831 2,089 2,089 18,848 18,848 19,877 19,877 38,613 31,765 70,378 112,544 42,094 154,638 Share of support costs (see note 7) Share of govemance costs (see note 7) 1,724 1,723 3,447 1,714 1,714 3,428 1.122 1,122 2,244 1,050 1,050 2,100 41,459 34,610 76,069 115,308 44,858 160,166
LEUKAEMIA UNIT APPEAL FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Support costs Support Governance costs costs 2024 Support Governance costs costs 2023 Printing. stationery and advertising Insurance Catering Sundry 354 2,206 671 216 354 2.206 671 216 181 2,459 428 360 181 2,459 428 360 Audit fees 2,244 2,244 2.100 2,100 3,447 2,244 5.691 3,428 2,100 5,528 Analysed between Charitable activities 3,447 2,244 5,691 3.428 2.100 5.528 Govemance costs includes payments to the accountants of £2.244 (202> £2,100) for independent examination fees. Trustees None of the trustees received any remuneration during the year. Employees There were no employees during the year. 10 Other 2024 2023 Charitable donations 10,000 10,000 10-
LEUKAEMIA UNIT APPEAL FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 11 Property, plant and equipment Respite Accomm Office Equipmenl Total Cost At 1 April 2023 213.242 61,721 274,963 At 31 March 2024 213.242 61,721 274,963 Depreclatlon and impairnient At 1 April 2023 Depreciation charged in the year 203.622 4.840 61,721 265,343 4.840 At 31 March 2024 208,462 61,721 270,183 Carrylng amount At 31 March 2024 4,780 4,780 At 31 Marth 2023 9,620 9,620 12 Fixed asset investments Unllsted Investments Cost or valuatlon At 1 April 2023 & 31 March 2024 Carrying amount At 31 March 2024 At 31 March 2023 13 Trade and other receivables 2024 2023 Amounts falllng due vAthln one year. Amounts owed by subsidiary undertakings Prepayments and arUed income 67,573 16,209 80.442 12.854 83,782 93,296 11
LEUKAEMIA UNIT APPEAL FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 14 Current Ilabllities 2024 2023 Other payables Accruals and deferred income 410 2.040 3,142 3,142 2,450 12-
lx C(00 Ou)0 oo)o) oinoo (DOmr¢Q 0(£4000 CD0000
LEUKAEMIA UNIT APPEAL FUND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Related party transactlons The Keleaner is a cleaning fimi 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 £200 (2023- £210). 15-