Registered number: N1605880 LILAC CANCER SUPPORT LTD DIRECTORS, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024 04mcg O'HAGANMcGLINCHÈ¥ & CO .
Lllac Cancer Support Ltd Dlrector5' Report and Financial Statements For The Year Ended 31 January 2024 Contents Pag• Company Infom)atlon Dlrector5' Report Accountant's Report Income and Expendlture Account Balance Sheet Notes to the Flnanclal Statements The followlng pages do not form part of the statutory accounts: Detalled Income and Expendlture Account
Lilac Cancer Support Ltd Company Informatlon For The Year Ended 31 January 2024 Dlrecto Mrs Bernadette Morgan Mr Eamon Morgan Mrs Anne Walsh Mrs Julle Ann McAllster Company Number Nf605880 R•glster•d Offlce 2nd Floor Loy 8ulldlngs Loy Street Cookstown Trrone BT80 8PE Account•nt• O'Hagan McGllnchey & Co 36 Dungannon Road Coa1151an Dungannon Trrone BT71 4HP Bank•r• Ulster Bank Llmlted 39 Market Square Dungannon Trrone BT70 IJJ Page I
Lilac Cancer Support Ltd Company No. N1605880 Directors, Report For The Year Ended 31 January 2024 The dlrertors present thelr report and the flnanclal statements for the year ended 31 January 2024. Dlrector• The dlrectors who helo offlce durfng the year were as follows.. Mrs Bernadette Morgan Mr Eamon Morgan Mrs Anne Walsh Mrs Julle Ann McAllster Statom•nt of Dlr•rtor¥' R•sponslbllltle* The dlrectors are responslble for pr¢pJrlng the Dlrertors, Report an¢J the flnanclal statements In accordance wlth appllcable law and regulatlons. Company law requlres the dlrectors to prepare financlal statements for each flnanclal year. Under that law the dlrectors have elected to prepare the flnanclal statements In a¢cordance wlth Unlted Klngdom Generally Accepted Accountlng Practlce (Unlted Klngdom Accountlng Standards and appllcable law). Under company law the dlrectors must not approve the flnanclal statements unless they are 5atlsfled that they glve a true and falr vlew of the state of affalrs of the company and of the sury>lus or deflclt of the company ftjr that perlod. In preparlng the flnanclal statoments the dlrector5 are requlred to: • select sultable accountlng pollcles and then apply them conslstently. make Jud9ments and accountlng estlmates that are reasonable and prudent. prepare the flnanclal statements on the golng Concern b)$15 unless It Is Inapproprlate to presume that the company wlll contlnue In buslness. The dlrectors are responslble lor keeplng adequate accountlng records that are sufflclent to show and explaln the Company, transactlons and dlsclos& wlth reasonable accuracy at any tlme the flnanclal posltlon of the company and enable them to gnsure that the financlal statements comply wlth the Companles Act 2006. They are also responslble for safeguardlng the assets of the company and hence for taklng reasonable steps for the preventlon and detectlon of fraud and other Irregularltles. The dlrectors are responslble lor the malntenance and Integrlty of the corporate and flnanclal Informatlon Included on the company s webslte. Leglslatlon In the Unlted Klngdom governlng the preparatlon and dlssemlnatlon of flnanclal statements may dlffer from leglslatlon In other Jurfjsdl¢tlon$, Sm•ll Company Rul¢• Thls report has been prepared In accordance wlth the speclal provlslons relatlng to eompanles subject to the small companles reglme wlthln Part 15 01 the Companles Act 2006. On behalf of the board Mrs Bernadette Morgan Dlrector Mr5 Anne Walsh Dlrettor 19th March 2024 Page 2
Lllac Cancer Support Ltd Accountant's Report For The Year Ended 31 January 2024 Report to th• dlrertor8 on th• ppapar•tlon of thq unaudlted statutory aeeounti of Llltte Canetr Support Ltd for th• year ended 31 January 2024 In order to asslst you to fulfll your dutles under the Companles Act 2006, 1 have prepared for your approval the accounts of Lllac Cancer Support Ltd for the year ended 31 January 2024 which compr15e the Income and Expendlture Account, the Balance Sheet and the related notes from the accounting records and from Infomiatlon and explanatlons you have glven to us. As a practlslng member of the Institute of Flnanclal Accountants (IFA), we are subject to It$ ethlcal and other professlonal requlrements whlch are detalled at https:/lwww.Ifa.or9.uk/about-U5/acting-In-the-publlc-InteresVmemberregulatlon5. Thls report Is made solely to the dlrectors of Lllac Cancer Support Ltd. as a body. In accordance wlth the terms of our engagement letter dated 19 March 2024. Our work has been undertaken 501ely to prepare for your approval the accounts of Lllac Cancer Support Ltd and state those matters that we have agreed to state to the dlrectors of Lllac Cancer Support Ltd, as a body, In thls report. To the fullest extent permltted by law, we do not accept or ?ssume responslblllty to anyone other than Lllae Cancer Support Ltd and Its dlrectors, as a bodyi for our work or for thls report. It Is your duty to ensure that Ulac Cancer Support Ltd has kept adequate accountlng records and to prepare statutory accounts that glve a true and falr vlew of the assets, Ilabllltles, flnanclal p051tlon and proflt or loss of Lllac Cancer Support Ltd. You conslder that Lllac Cancer Support Ltd Is exempt from the statutory audlt requlrement for the year. We have not been Instructed to carry out an audlt of the accounts of Lllac Cancer Support Ltd. For thls reason, we have not verffled the ac¢urgcy or completeness of the accountlng records or Informatlon and explanatlon5 you have glven to us and we Jo not, therefore. express any oplnlon on the flnanclal statements. Slgned 19th March 2024 O'Haoan McGllnchey & Co 36 DungJnnon Road CoallsSand Dungannon Trrone BT71 4HP Page 3
Lilac Cancer Support Ltd Income and Expendlture Account For The Year Ended 31 January 2024 20Z4 2023 Noteg TURNOVER Cost of sales 142,053 196,798) 141,947 198,287) GR05S SURPLUS 45,255 43,660 Admlnlstratlve expenses Other operatlng Income (56,894) 10,433 (50,905) 10,245 opeRAnNG (DEFICIT}/SURPLUS AND (DEFICIT)/SURPLUS POR THE FINANCXAL YEAR (1,206) 3,000 The notes on pages 6 to 7 form part of these flnanclol statements. Page 4
Lllac Cancer Support Ltd Balance Sheet As At 31 January 2024 2024 2023 Notes FIXED ASSETS Tanglble Asset5 30,777 20,187 30,777 CURRENT ASSErs Stocks Cash at bank and In hand 20,187 5,475 85,593 5,500 97,040 91,068 102,540 Cr•dltor•: Amount• Falllng Du• Wlthln One Y•ar (1.290) (966) NET CURRENT ASSETS (LIABILITIES) 69,778 101,574 TOTAL ASSETS LESS CURRENT LIABILITIES 120,555 121,761 NeT ASSETS 120,555 121,761 Income and Expendlture Account 120,555 121,761 MeMBERS' PUNDS 120,555 121,761 For the year endlng 31 January 2024 the company was entltled to exemptlon from audlt under sectlon 477 of the Companles Act 2006 relatlng to small companles. The members have not requlred the company to obtaln an audlt In accordance wlth sectlon 476 of the Companles Act 2006. The dlre¢tors acknowledge thelr responslbllltles for complylng wlth the requlrements of the Art wlth respect to accountlng records and the preparatlon of accounts. These accounts have been prepared In accordance wlth the provlslons appllcable to companle$ subjert to the small companles, raglme. On behalf ol the board Mrs Bernadette Moryan Dlrector Mrs Anne Walsh Dlrertor 19th Mareh 2024 The notes on pages 6 to 7 form part of these flnanclal statements. Page 5
Lllac Cancer Support Ltd Notes to the Financlal Statements For The Year Ended 31 January 2024 l. Gonoral Informatlon Lllac Cancer Support Ltd 15 a prlvate companyi Ilmlted by guarantee, Incorporated In Northern Ireland, re9lstered number N1605880. The reglstered offlce Is 2nd Floor Loy Bulldlngs, Loy Street, Cookstown. Ivrone, BT80 8PE. 2. Accountlng Pollcl 2.1. Ba*ls of Preparatlon of FlnJn¢lal Statements The financlal statements have been prepared under the hlstorlcal cost conventlon and In accordance with Flnanclal Reportlng Stsndard 102 sectlon IA Small Entitles "The Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland" and the Companles Art 2006. 2.2. Turnover Turnover Is measureo at the falr value of the conslderatlon recelved or recelvable, net of dlscount5 and value added tsxes. Trrnover Includes revenue earned from the sale of goods and from the renderlng of servlces. Turnover Is reduced for estlmated customer returns, rebate5 and other slmllar allowances, Sale of good• rnover from the sale of good5 15 recognlsed when the slgnlflcant rlsks and rewards of owner5hlp of the good5 has transferred to the buyer. Thls Is usually at the polnt that the customer has slgned for the dellvery of the goods. Renderlng of ••rvl¢•• Turnover from the renderlng of servlces Is recognlsed by reference to the stage of cr)mpletlon of the contrart. The stage of eompletlon of a contract Is measured by comparlng the costs Incurred for work perfornied to date to the total estlmated contract C05t5. Turnover Is only recogn15ed to the extent of recovernble expenses when the outcome of contract cannot be e5tlmated rellably. 2.3. Tanglble Flx•d A•••t• and D8pr•cl•tlon Tanglble fixed as5et5 are measured at cost le55 a¢cumulated depreclatlon and any accumulated Impalrnient losses. Depreclatlon Is provlded at rates calculated to wrlte off the cost of the flxed assets, less thelr estlmated resldual value, over thelr expected useful Ilves on the followlng bases,. 25Vo Reduclng Balance 25Vo Reducln9 Balance 250/0 Reduclng Balance Plant & Machlnery Motor Vehlcles Flxtures & Flttlngs 2.4. stock8 and Work In Progr••• Stocks and work In progress are valued at the lower of cost and net reallsable value after maklng due allowance for obsolete and slow-movlng stocks. Cost Includes all dlrect costs and an approprlate proportlon of flxed and varlable overheads. Work-ln-progress Is reflected In the accounts on a contract by contract basls by recordSng turnover and related costs as contract actlvlty progresses. 3. Av¢r•g¢ Numb•r of employ••¥ Average number of employees. Includlng dlrectors. durlng the year was: 5 (2023., 4) 4. Tanglbl• A••et• Plant & M•¢hln•ry Motor V•hlcl•• Flxture• & Plttlng• Total Co•t As at l February 2023 Addltlons 28,118 20,362 20,850 16,945 65,425 20,850 As at 31 January 2024 28,118 41,212 16,945 86,275 Depr•¢latlon As at l February 2023 Provlded durlng the perlod As at 31 January 2024 14,314 3,451 18,456 5,689 12,466 1,120 45,238 10,260 17,765 24,147 13,586 55,498 .CONTINUED Page 6
Lllac Cancer Support Ltd Notes to the Financlal Statements (continued) For The Year Ended 31 January 2024 Not Book Value As at 31 January 2024 10,353 17,065 3,359 30,777 As at l February 2023 13,804 1,904 4,479 20,187 5. Stocks 2024 2023 Flnlshed goods 5,475 5,500 5,475 5,500 6. Cr•dltor•: Amount• Palllng Du• Wlthln On• Y•ar 2024 2023 Other taxes and soclal securlty Accruals and deferred Income 590 700 266 700 1,290 966 7. R••erve# Included In the reverves flgure Is £60,000 that has been set aslde to cover operatlonal costs for 4 6 month porlod. 8. Company Ilmlted by gu•r•nt•• The company Is Ilmlted by guarantee Ebnd h•s no sh)re cjpltal. Every member of the company undertakes to contrlbute to tha assets of the compJnyi In the event of a wlndlng up, such an amount as may be requlred not exceedlng £1, Page 7
Lilac Cancer Support Ltd Detalled Income and Expendlture Account For The Year Ended 31 January 2024 2024 2023 TURNOVER Shop Trklngs Rental Income Grants and subsldles recelved Other tradlng Income 80.023 1,350 51,208 9,472 78,312 900 50,993 11,742 141,947 COST OF SALES Openlng stock - flnlshed goods Actlvlty costs Helpers Wages and salarles Employers penslons - deflned contrlbutlon schemes Closlng stock - flnlshed ooods 142,053 5,500 13,358 14,126 68.106 1,183 (5,475) 5.745 18,175 12,232 65,303 2,332 {5,500) GROSS SURPLUS 196,798) 45,255 198.287) 43,660 Admlnl¥tratlve Expen•• Rent Rates Llght and heat Vehlcle runnlng costs Repalrs, renewals and malntenance Insurance Prlntlng. postage and statlonery Telecommunlcatlons and data costs Accountancy fees Professlonal fees Subscrlptlons Bank charges Depreclatlon of plant and machlnery Depreclatlon ol motor vehlcles Depreclatlon of flxtures and flttlngs Sundry expenses 18,969 577 1,791 6,184 7,947 3,850 1,369 3,557 1,561 12,950 677 3,349 8,423 8,671 3,261 746 3,075 1,531 792 524 148 4,601 635 1,493 29 670 146 3,451 5,689 1,120 13 Oth•r Operatlng Incom• Fundralslng & donatlons {56,894) (50,905) 10,433 10,245 OPERATING (DEFICIT)/SURPLUS AND IDEFXCIT)/SURPLUS FOR THE PINANCZAL YEAR 10,433 10,245 { 1,206} 3,000 Page 8