Charis Cancer Care Ltd Consolidated Statement of Financial Activities including the Income and Expenditure Account- Group for the Year Ended 31 Oetober 2024 31110124 Total funds 31110123 Total funds Unrestricted funds Restricted funds Noles INCOME AND ENDOWMENTS FROM Donations and legacies 241,851 241,851 151,108 Charitable activities Charitable Activities Other trading activities Investment income 44,925 44,925 85,741 12,929 305,998 73,766 11,932 85,741 12,929 Other Income Coininercial trading operations 209 579 209 579 203,075 Total 550 100 44,925 595,025 745,879 EXPENDITURE ON Charitable aetivities Charitable Activities Support Costs Governance Costs 276,884 186,644 16,057 102,122 30,611 379,006 217,255 16,057 536,165 Other Expenditure Commercial trading operations 145,977 145,977 157,314 Total 625,562 132,733 758,295 693 479 NET INCOMEI(EXPENDITURE) (75,462) (87,808) (163270) 52,400 RECONCILIATION OF FUNDS Total funds brought forward 984,220 269,895 1,254,115 1,201,715 TOTAL FUNDS CARRIED FORWARD 908,758 182,087 1,090,845 1,254,115 The notes fonn part of these financial statements 14
Charis Caneer Care Ltd Consolidated Statement of Financial Position- Group 31 October 2024 31110124 Total funds 31110123 Total funds Unrestricted funds Restricted fund5 Notes FIXED ASSETS Tangible assets 12 233,789 182 087 415 876 437,546 233,789 182,087 415,876 437,546 CURRENT ASSETS Debtors Cash at bank and in hand 14 14,821 694,379 14,821 694,379 15,976 819,179 709,200 709,200 835,155 CREDITORS Amounts falling due within one year 15 (34,231) {34,231) (18,586) NET CURRENT ASSETS 674,969 674,968 816,569 TOTAL ASSETS LESS CURRENT LIABILITIES 908,757 182,087 1,090,845 1,254,115 NET ASSETS 908,757 182 087 1,090,845 1,254,115 FUNDS Unrestricted funds Restricted funds 16 908,758 182,087 984,220 269,895 TOTAL FUNDS 1,090,845 1,254,115 These financial statements have been prepared in accordance with the provisions applicable to charlfable companies subject to the small companies regime. The financial stateinents were approved by the Board of Trustees and authorised for issue on 2 June 2025 and were signed on its behalf by: David Andrew - Trustee The notes form part of these financial stateinents 15
Ch8ris Cancer Care Ltd Statement ofFinancial P051tion- Charity 31 October 2024 31110124 Total funds 31110123 Total funds Unrestrieted fuy)ds Restricted funds Notes FIXED ASSETS Tangible assets Investments 12 13 233,633 182,087 415,720 433,901 233,634 182,087 415,721 433,902 CURRENT ASSETS Debtors Cash at bank and in hand 14 8,475 584,187 8,475 584,187 12,529 722 602 592,662 592,662 735,131 CREDITORS Amounts falling due within one year 15 (30,264) (30,264) (14,042) NET CURRENT ASSETS 562J98 562,398 721,089 TOT AL ASSETS LESS CURRENT LIABILITIES 796,032 182,087 978,119 1,154,991 NET ASSETS 796,032 182,087 978,119 1,154.991 FUNDS Unrestricted funds Restricted funds 16 796,032 182,087 885,096 269,895 TOTAL FUNDS 978,119 1,154,991 These financial statements have been prepared in aOrdanCe with the provTr5ions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 2 June 2025 and were signed on its behalf by.. ..O.. David Andrew enry - Trustee The notes forni part of these financial statement5 16
Charis Cancer Care Ltd Consolidated Statement of Cash Floivs - Group for the Year Ended 31 Oclober 2024 31110124 31110123 Notes Cash flows from operating activitie5 Cash generated from operations 137,045) 64,716 Net cash (used in)Iprovided by operating activities 137,045) Cash flows from investing activities Purchase of tangible fixed assets Interest received (684) (8,600) Net cash provided by investing activities 12,245 8,600) Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period (124,800) 56,116 819,179 763,063 Cash and cash equivalents at the end of the reporting period 094,379 819 179 The notes forni part of these financial statements 17
Charis Cancer Care Ltd Note5 to the Consolid2ted Statement of Cash Flows ror the Year Ended 31 October 2024 RECONCILIATION OF NET (EXPENDITURE)IINCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 31110124 31110123 Net (expenditure)lincome for the reporting period (as per the Statement of Financial Activities) Adjustment5 for: Depreciation charges Interest received Decrease in debtors Increasel(decrease) in creditors (113,270) 52,400 22,355 (12,929) 1,156 34,357) 21,327 2,409 11,420 Net cash (used in)/provided by operations 137,045) 64,716 ANALYSIS OF CHANGES IN NET FUNDS At 1111123 Cash floiv AI 31110124 Net cash Cash at bank and in hand 819,179 124 800) 694,379 819,179 124,800 694J79 Total 819,179 124,800) 694,379 The notes forni part of these financial stateinents 18
Charis Cancer Care Ltd Notes to the Financial Statements for the Year Ended 31 October 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of Recominended 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 l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The fmancial statements have been prepared under the historical cost convention. The charlty is incorporated. limited by guarantee and registered in Northern Ireland. The registered office of the charity is 163 Lough Fea Road. Ballybreist, Cookstown, Co. Tyrone. BT80 9TU. The charity's principal activity 15 the provision of support to people affected by cancer. Preparation of consolidated financial statements The financial statements consolidate the results of the charity and its wholly owned subsidiary on a line by line basis. Details of the wholly owned subsidiary are in note 4. A separate Statement of Financial Activities and Statement of Cash Flows a¢¢ount for the charity have not been presented because the charity has taken advantage of the exeinption afforded by Companies Act 2006, s.408. Income AIS income is recognised in the Statement of Financial Activities once the charity has entitleinent to the funds, it is probable that the income will be received and the amount can be measured reliably. Income from government and other grants. whether 'capital' grants or 'revenue' grants, are recognised when the charity has enlitlement to the funds, any performance conditions atta¢hed to the grants have been met, it is pi'obable that the income will be received and the amount can be measured reliably and is not deferred. Incoine received in advance for a future fundraising event or for a grant received relating to the following year are deferred unlil the criteria for income recognition are met. Interest on deposit funds held is included when receivable and the amount can be measured reliably by the charity whlch is nonnally upon notification of the interest paid or payable by the bank. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation cominitÉing the chai'ity to that expenditure. it is probable that a transfer of economic benefits will be required in 5ettleinent and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings ihat aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to aclivities on a basis consistent wilh the use of resources. Expenditure on charitable activities includes the costs of providing activÈties undertaken to further the purposes of the charity and their associated support costs. Support Costs comprise those costs which are incurred directly in support of expenditure on the objects of ihe charity and include governance cost. finance, and office cosls. Governance costs are those costs incurred in connection with the compliance with constitutional and statutory requirements of the charity. Taxation The charity is exempt from corporation tax on its charitable aclivities. 19 continued...
Charis Cancer Care Ltd Notes to the Financial Statements- continued for the Year Ended 31 O¢tober 2024 ACCOUNTING POLICIES continued Tangible fixed assets Depreciation 15 provided at the following annual rates in order to write off each asset over its estimated useful life. Freehold propety Office Equipment Fixtures and fittings Motor vehicles Coinputer equipment 2% oncost 20 % on cost 200/0 on cost 200/0 on cost 250/0 on cost Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the truslees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions aris¢ when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the fmancial statements. Pension costs and other post-retirement benefits The charitable coinpany operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. OTHER TRADING ACTIVITIES 31110124 31110123 Fundraising events Other Trading Income 83,061 73,184 585 85,741 73,769 INVESTMENT INCOME 31110124 31110123 Deposit account interest 12,929 11,932 COMMERCIAL TRADING OPERATIONS The trading subsidiary of the charity is Friends of Charis Limited. The company is incorporated in Northern Ereland within th¢ United Kingdom. Company niimber . N1605705 Registered address: 163 Lough Fea Road Ballybreist Cookslown Co. Tyi'one BT80 9TU 20 oiitinued...
Charis Cancer Care Ltd Note5 to the Financial Statements- continued for the Year Ended 31 October 2024 COMMERCIAL TRADING OPERATIONS continued 31110124 31110123 Trading Income Cost of Sales Administrative Expenses Other Operating Income 206,424 (84,642) (61,335) 3,155 63,602 203,075 (92,088) (115,225) (4,238) Included within Administrative Expenses for the year ended 31 October 2023 is a donation of £50,000 rnade to the parent charity Charis Cancer Care. The donation has been eliminated on consolidation in accordance with the Charities SORP. Subsequent to the date of the balance sheet, the Directors have deterniined to make a donation from Friends of Charis to the parent company, Charis Cancer Care Ltd, of £67.100 (2023 - £50,000). This donation is not included in the above financial infonnation. Aggregate Share Capital and Reserves 112,726 CHARITABLE ACTIVITIES COSTS Supporl costs (see note 6) Direct Cost5 Totals Charitable Activities Support Cosls Governance Costs 379,006 196,691 379,006 217,255 20,564 16,057 575,697 36,621 612,318 SUPPORT COSTS Governance costs Finance Totals Support Costs Governance Costs 19,143 1,421 16,057 20,564 19,143 36,621 NET INCOMEI(EXPENDITURE) Net incomel{expenditure) is stated after chargingl(crediting): 31110124 31110123 Depreciation - owned assets 22,355 21,327 21 ontinued...
Charis Cancer Care Ltd Notes to the Financial Statements- continued for the Year Ended 31 October 2024 AUDITORS, REMUNERATION 31110124 31110123 Fees payable to the charity'5 auditors for the audit of the group's financial statements 5,760 7,441 TRUSTEES, REMUNERATION AND BENEFITS There were no truslees, remuneration or other benefits for the year ended 31 October 2024 nor for the year ended 31 October 2023. Trustees, expenses There were no trustees, expenses paid for the year ended 31 October 2024 nor for the year ended 31 October 2023. io. STAFF COSTS 31110124 31110123 Wages and salaries Social security cost5 Other pension costs 319,056 29,269 8,386 235,910 44,568 2,429 356,711 280 907 The average monthly number of employees during the year was as follows: 31110124 io 31110123 12 Administration Charitable Activities 14 12 No employees received emoluments in excess of £60.000. 22 continued...
Charis Cancer Care Ltd Notes to the Financial Slatements - continued for the Year Ended 31 October 2024 ii. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Re5trieted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 151,108 ISI,108 Charitable activities Charitable Activilies Other trading activities Investment income 305,998 305,998 73,766 11,932 73.766 11,932 Other Income Commercial trading operations 203 075 203,075 Total 439.881 305 998 745,879 EXPENDITURE ON Charitable activities Charitable Activities 310,775 225,390 536,165 Other Expenditure Commercial trading operations 157,314 157,314 Total 468,089 225,390 693.479 NET INCOMEI(EXPENDITURE) (28,208) 80,608 52,400 RECONCILIATION OF FUNDS Total funds brought fonvard ,012,428 189.287 1,201,715 TOTAL FUNDS CARRIED FORWARD 984,220 269,895 1,254 115 23 ¢ontinued...
Charis Csncer Care Lld Notes to the Financial Statement5 - continued for the Year Ended 31 October 2024 12. TANGIBLE FIXED ASSETS Group Fixtures and rittings Freehold property Office Equipment COST At l November 2023 Additions Disposals 434,545 11,566 128,530 6,393) At 31 October 2024 434,545 122,137 DEPRECIATION At l November 2023 Charge for year Eliininated on disposal 25,684 7,235 11,182 83 122,125 3,717 At 31 October 2024 32,919 11,265 119449 NET BOOK VALUE At 31 October 2024 401,626 301 2,688 At 31 October 2023 408,861 384 6,405 Motor vehicles Computer equipment Totals COST At l November 2023 Additions Disposals 36,545 50,601 685 661,787 685 12,143) 5,750) At 31 October 2024 51,286 650 DEPRECIATION At l November 2023 Charge for year Eliminated on disposal 33,383 3,162 5,750) 31,867 8,158 224,241 22,355 12 143} At 31 October 2024 30,795 234,453 NET BOOK VALUE At 31 October 2024 11,261 415 876 At 31 October 2023 3,162 18,734 437 546 24 ontinued...
Chari5 Caneer Care Ltd Notes to the Financial Statements - continued for the Year Ended 31 October 2024 12. TANGIBLE FIXED ASSETS continued Charity Fixtures and rittings Freehold property Office Equipmenl COST At l November 2023 Additions Disposals 434,545 7,176 97,504 At 31 October 2024 434,545 7,176 91,111 DEPRECIATION At l November 2023 Charge for year Eliininated on disposal 25,684 7,235 6,792 83 91,583 3,389 6,393) At 31 October 2024 32,919 88,579 NET BOOK VALUE At 31 October 2024 401626 301 At 31 October 2023 408,861 384 Motor vehicles Computer equipment Totals COST At l November 2023 Additions Disposals 22,745 50,602 684 612,572 684 12,143) 5,750) At 31 October 2024 16,995 601,113 DEPRECIATION At l November 2023 Charge for year Eliininated on disposal 22,745 31,867 8,158 178,67] 18,865 12,143) 5,750) At 31 October 2024 16,995 40,025 185 393 NET BOOK VALUE At I l October 2024 11,261 415,720 At 31 October 2023 18,735 433,901 25 continued...
Charis Cancer Care Ltd Noles to the Financial Slatevnents - Continued for the Year Ended 31 October 2024 13. FIXED ASSET INVESTMENTS Charity Shares in group undertaking COST LESS IMPAIRMENT At l November 2023 and 31 October 2024 NET BOOK VALUE At 31 October 2024 At 31 October 2023 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Group 31110n4 31110123 Trade debtors Other debtors Prepayments and accrued income 234 6.260 9.482 6,169 14,821 15,976 Charity 31110124 31110123 Trade debtors Other debtors Prepayinents and accrued income 234 3,856 8,439 1,824 8,475 15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Group 31110ll4 31110123 Trade creditors Social security and other taxes Other creditors Accruals and deferred income 5,742 5,479 257 4,945 6,111 1,383 34,231 18,586 26 ontinued...
Charis Cancer Care Ltd Notes to the Financial Statements- continued for the Year Ended 31 October 2024 15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR eontinued Charity 31110124 31110123 Trade creditors Social security and oiher taxes Other creditors Accruals and deferred income 3,575 5,479 257 2,247 5,390 257 6,148 30,264 16. MOVEMENT IN FUIYDS Net movement in funds At 1111123 At 31110124 Unrestricted funds General fund Friends of Charis Designated Funds 635,097 99,123 250,000 (89,066) 13,602 546,032 112,725 250,000 984,220 (75,464) 908,757 Restricted funds Dept Of Health Cominunity Foundation PowerNI Capital Grant 84,208 185 687 (84,208) 3,600 182 087 269,895 182,087 TOTAL FUNDS 1,254,115 163 270 1,090,845 Net movement in funds, included in the above are as follows: Ineoming resourees Resources expended Movement in funds Unrestricted funds General fund Friends of Charis 390,521 209,579 {479,585) (195,977) (89,066) 13,602 Restricted funds Dept Of Healih Community Foundation PowerNI Capital Grant Mei'cy Projecls Fund Hospital Saturday Fund Tesco Stronger Start5 Misc Restricted Grants 23,865 (108,073) {3,600) (8,000) (9,900) (1,125) (84,208) (3,600) 8,000 9,900 1,125 2,035 44.925 132,733) 87,808 TOTAL FUNDS 645,025 808,295) 163,270) 27 conttnued...
Charis Caneer Care Ltd Notes to the Financial Statements - continued for the Year Ended 31 October 2024 16. MOVEMENT IN FUNDS- continued Comparatives for movement in funds Net movemenl in fund5 At illin2 At 3111012J Unrestricted funds General fund Friends of Charis Designated Funds 709,067 53,361 250,000 (73.970) 45,762 635,097 99,123 250.000 1,012,428 (28,208) 984,220 Restricted funds Dept Of Health Communtty Foundation PowerNI Capital Grant 84,208 84,208 185.687 189.287 189.287 80,608 269,895 TOTAL FUNDS 1,201,715 52,400 1,254,115 Comparative net movement in fitnds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted funds General fund Friends of Charis 236,808 203,075 (310,778) (157,313) (73,970) 45,762 Restricted funds Dept Of Health Cominunity Foundation PowerNI Capital Grant 305,999 (221,791) 3,600) 84,208 305 999 225 391) TOTAL FUNDS 745.882 693.482) 52,400 28 continiied...
Charis Cancer Care Ltd Notes to the Financial Statements - continued ror the Year Ended 31 October 2024 16. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined position 15 as follows: Net movement in funds At 1111122 At 31110124 Unrestricted funds General fund Friends of Charis Designated Funds 709,067 53,361 250 000 (163,035) 59,364 546,032 112,725 250,000 .012.428 (103,671) 908,757 Restricted funds PowerNI Capital Grant 189,287 (7,200) 182,087 TOTAL FUNDS 1.201.715 110.871) 1090 844 A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: Ineoming resources Resourees expended Movement in funds Unrestricted fund5 General fund Friends of Charis 627,329 412,654 (790,363) (353,290) (163,035) 59,364 Restricted funds Dept Of Health Community Foundation PowerNI Capital Grant Mercy Projects Fund Hospital Saturday Fund Tesco Stronger Starts Misc Restricted Grants 329.864 (329,864) (7,200) (8,000) (9,900) (1,125) 2.035) (7,200) 8,000 9.900 1.125 2.035 350,924 358,124) 7.200) TOTAL FUNDS 1,390,907 (1,501,777) 110,871) 29 continued...
Charis Caneer Care Ltd Notes to the Financial Slatelnents - continued for the Year Ended 31 October 2024 17. RELATED PARTY DISCLOSURES There were no related paty transactions for the year ended 31 October 2024. 30 continued...
Charis Cancer Care Ltd Detailed Statement of Financial Activities- Charity for the Year Ended 31 October 2024 31110124 31110123 INCOME AND ENDOWMENTS Donations and legAeies Donations Gift aid 276,632 15,219 151,108 291,85J 151,108 Other trading activities Fundraising events Other Trading Income 83,061 2,680 73,184 585 85,741 73,769 Investment income Deposit account interest 12,929 1,932 Charitable activities Grants 44,925 305 998 Total incoming resources 435,446 542,807 EXPENDITURE Charitable activities Wages Social security Pensions Rates and water Insurance Light and heat Telephone Postage and stationery Advertising Sundries Therapists Fundraising Costs Cleaning Coinputer Costs Repairs & Maintenance Staff Training Subscriptions Ti'avel & Subsistence 250,169 23,554 6,85LI 419 7,566 8,128 5,247 8,090 1,873 2,619 218,060 ii,ooi 4,235 6,313 11,720 3,643 143,822 44,568 2.429 135 5,047 11,568 5,342 9,683 1,298 2,221 231,292 3,009 6,266 9,285 7,195 3,439 466 2,019 6,210 575,697 489.084 This page does not forni part of the statutory financial stateinents
Charis Cancer Care Ltd Detailed Statement of Financial Aclivilies - Charity for the Year Ended 31 October 2024 31110124 31110123 Support cosls Finance Bank charges Depreciation of tangible fixed assets 278 287 19,143 17,836 Governance c0515 Auditors, remuneration Legal fees 5,671 7,441 21.808 17,478 29,249 Total resources expended 612,318 536,169 Net (expenditllre)lincome 170 872) This page does not forn] part of the statutory financial stateinents 32