CHILDREN'S CANCER UNIT CHARITY TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022 McGuire + Farry Limited Chartered Certified Accountants CHILDREN'S CANCER UNIT CHARITY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2022 2022 2021 Notes Restrlcted Unrestricted Total Total Incomln and Endowments from Income from Charitable Activities Donations and events 450,011 450,029 502,373 Merchandise 20 450,029 502,373 Grants Incoming resources from Investment Income Bank Interest Received 1,447 1,447 5,134 Total Incoming Resources 451,478 451,478 507,507 enditure On: Charity activities Childrens, Unit Wing Running Expenses 115,644 115,644 128,336 Costs of generating funds 97,064 97,064 73,897 Governance costs 17,277 17,277 17,010 Other expenditure 79,859 79,589 54,461 Ultra Sound Scanner 120,000 120,000 Total Resources Expended 429,844 429,844 273,704 Net Incomin Out oin Resources 21,634 21,634 233,803 Euro Disney/MRI Scanner Appeal Isolation Rooms Revaluation of Investment (162,766) (162,766) 80,214 Funds at 1 November 2021 3,973,682 3,973,682 3,659,665 Funds at 31 October 2022 3,832,550 3,832,550 3,973,682 CHILDRENS CANCER UNIT CHARITY STATEMENT OF FINANCIAL POSITION AS AT 31 OCTOBER 2022 2022 2021 Notes Fixed Assets Tangible Assets 2,796 3,495 Fixed Asset Investments 1,310,769 1,473,535 Total Fixed Assets 1,313,565 1,477,030 Current Assets Prepayments and Accrued Income 34,217 21,143 Cash at Bank 2,532,539 2,513,225 2,566,756 2,534,368 Creditors: Due within one Year 47,773 37,716 Net Current Assets 2,518,983 2,496,652 Total Assets Less Current Liabilities 3,832,548 3,973,682 ital and Reserves Unrestricted Funds: General Funds 3,832,548 3,973,682 The notes at pages 8 and 9 form part of these accounts. Approved by th Trust s and signed on their behalf by: 30 K. lols Approved Date CHILDREN'S CANCER UNIT CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022 Accountin Policies Accountin Convention The financial statements are prepared under the historical cost convention and comply with it￿S recognised at cost or transaction value unless otherwise stated in the notes to the accounts. The Accounts have been prepared in accordance with the stat￿nent of Recommended Practice: Accounting and Reporting by Charities preparing their Accounts in accordance with the Financial Reporting Standard applicable in UK and Republic of Ireland (FRS102) Issued on 16 July 2014. Tumover Income of the charity represents monies received from donations and bank interest. Tan ible Fixed Assets and De reciation Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows: Equipment 20 % Reduclng Balance Fumiture and fittings 20 % Reducing Balance Income and Endowments Donations, appeals, I￿acleS, and other income is induded in full in the Statement of Financial Activities when received. Bank interest received is accounted for on accruals basis. enditure All expenditure is accounted for on the accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings, they have all been allocated to activities on a basis consistent with the use of resources. Govemance costs indude audit, legal, consultancy and other administration costs not attributable to generating funds or service and project delivery. Fund Accountin The Restricted funds are to be used for specified purposes by reference to the donor. Expenditure which meets this criteria is identified to the fvnd, together with a fair allocation of overheads and costs. Unrestricted funds represent other incoming resources received or generated for charitable purposes, expendable at the discretion of the Trustees in furtherance of the objects of the Charity. CHILDREN'S CANCER UNIT CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2022 Tan Ible Flxed Assets Furniture and Flttlngs Equlpment Total Cost At 1 NOv￿ber 2021 7,220 72,633 79,853 Additions At 31 October 2022 7,220 72,633 79,853 Depreciation At 1 NOv￿ber 2021 5,749 70,609 76,358 Charge for the year 294 405 699 At 31 October 2022 6,043 71,014 77,057 Net Book Values At 31 October 2022 1,177 1,619 2,796 At 31 October 2021 1,471 2,024 3,495 Debtors 2022 2021 Prepayments and accrued income 34,217 21,143 Creditors: amounts fallln within one ear due 2022 2021 Trade Creditors 21,601 6,916 Accruals and deferred income 25,999 30,666 PAYEIPension 173 134 47,773 37,716 Related Part Transactions Mr Drew Wilkinson is a member of the Trustee Committee for the Charity and is also a director in Maliz ConsultirYJ Ltd. During the year £14,400 (2021: £14,400) was paid by the Children's Cancer Unit Charity to Maliz Consulting Ltd for accounts preparation services. There is £1,200 outstanding to Maliz Consulting Ltd. at the year end.