CHILDREN'S CANCER UNIT CHARITY
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
CHARITY COMMISSION for NORTHERN IRELAND REGISTRATION NUMBER 104794

CHILDREN'S CANCER UNIT CHARITY
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
Page
Charity Reference and Administrative Details
Trustees. Annual Report
Independent Auditor's Report
statement of Financial AGtivities (Including Income and Expenditure Account)
Balance Sheet
7-10
12
Statement of Cash Flows
13
Noles to the Financial Statements
14-20

CHILDREN'S CANCER UNIT CHARITY
CHARITY REFERENCE AND ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 OCTOBER 2023
President
Dr Ben Wilson
Trustees
Felix Mooney (Chairman)
Keith Farley (resigned 12th December 2023)
Sheila Ferguson
Stuart Iwin (appointed 7th March 2024)
Laurie Jones (resigned 24th June 2024)
Anthony Mccarthy
Mark Mccormack (appointed 12th December 2023) Denis
Murphy
Stephen Warke {resigned October 2023)
Drew Wilkinson (Treasurer, resigned September 2023)
Chief executive officer
Jane Hoare
Registered office
141-143 Falls Road
Belfast
BT12 6AF
Registered Number
NIC104794
Auditors
McGuire + Farry Limited
Chartered Certified Accountants
Emerson House
Carryduff
Belfast
BT8 8DN
Solicitor
Edwards & Co. Solicitors
28 Hill Street
Belfast
BT12LA
Ulster Bank (Northern Ireland)
Belfast City Office 1
11-16 Donegall Square East
Belfast
BT15HD
Bankers
Danske Bank
Donegall Square West
Belfast
BT16JS
Bank of Ireland UK
1 Donegall Square S
BT15LR
Investment managers
J & E Davy (UK) Limited
(trading as" Davy Private Clients UK)
Donegall House
7 Donegall Square North
Belfast
BT15GB
Page 1

CHILDREN'S CANCER UNIT CHARITY
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 OCTOBER 2023
The Trustees are pleased to present their annual report together with the financial statements of the charity
for the year ending 31 October 2023.
Reference and Administrative Details
The required reference and administrative details are laid out on Page 1- Company information.
Objectives and Activities
The principal activity of the Children's Cancer Unit Charty is to provide support for the Unit, medical slaff.
and families at The Royal Belfast Hospltal for Sick Children's Qncology and Haematology Unit. and to
ensure that they have the necessary resources, equipment and support to ensure that children affected by
cancer in Northern Ireland have access to the best possible treatment and care.
The charity also aims to raise awareness of childhood cancer and the effects it has on families across
Northern Ireland.
In addition to this, the Charity is committed to providing additional support to families affecled by cancer.
MAIN ACTIVITIES
Staffing and Specialised Care
The Children's Cancer Unit Charity strives to ensure that children and young people receive the highest level
of care they need during their cancerjourney by supporting the medical teams involved in their treatment.
We fund vital posts across a range of disciplines at the Haematology and Oncology Unit.
We also provide support and resources for the wider Unit team and by funding training and education
programmes for the staff to ensure they have the knowledge and skills to provide the best possible care.
Infrastructure
We actively contribute to the funding, development and enhancement of the physical infrastructure of the
Unit. Where possible we have funded the construction of additional rooms and spaces on the ward and
clinic. In the past this has included the creation of two isolation suites, as well as dedicated rooms tailored
specifically for teenagers and young people. and a parents, kitchen on the ward. Through these initiatives,
we strive to improve the physical environment of the Unit, making it a place of comfort, care and support.
Equipment
The Children's Cancer Unit Charity provides and funds a range of equipment to benefit children during their
cancerjourney, both at hospital and at home.
We invest in essential medical equipment eg. funding the state of the art Ultrasound Room.
We also provide specialised equipment and resources to prepare children for treatment including My Special
Aflac Ducks, play resources and sensory toys.
Our Robotics programme enables children to access school during their treatment through the use of
telepresence robots, which help them get back into the classroom remotely and stay connected with their
schoolwork, teachers and classmates.
Family Support Services
The Children's Cancer Unit Charity provides a range of services to families to ensure they find some level of
comfort. normality and togetherness during their child's cancerjourn&y.
These services include practical and financial support to ease the burdens families may face following a
cancer diagnosis, home-from-home comforts in the Unit such as seasonal treats, visits and activities as well
as toys and games. We organise events and opportunities for families to spend quality time togelher away
from the hospital setting.
Page 2

CHILDREN'S CANCER UNIT CHARITY
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 OCTOBER 2023
Research & Development
The Children's Cancer Unit Charity aclively contributes to research focused on improving treatment options
and outcomes for children with cancer.
We continue to work in partnership with other organisations to develop initiatives and improvements for
children and young people with cancer, including the Teenage & Young Adult Service, the Northern Ireland
Heallh Charities Coalition, as well as working with Queens University Belfast to promote and engage
students with children's cancer nursing.
Together, we build a stronger, more supportive environment for children and strive to make a positive,
lasting impact on every child's cancer journey.
ACHIEVEMENTS AND PERFORMANCE
New Headquarters
In May 2023, The Children's Cancer Unit Charity moved into new Headquarters on the Falls Road. Belfast,
based just across the road from the Unit itself. These new premises have dramatically improved the level of
seNice we are able to offer. Not only does it increase the Charity's public visibility and brand awareness. but
we are easily accessible to our supporters, the families we support, and the staff in The Children's Cancer
Unit itself.
We have increased space for fundraising and administrative activities, to allow for expansion of the team,
and are also able to store easily accessible equipment and supplies for the Unit. We have meeting rooms
which Unit staff make regular use of for meetings, training and development purposes. Additionally, we have
a small meeting room where parents can meet with members of the hospital team away from the clinical
environment.
The ease of access has already strengthened relationships between the charity and the Unit staff, as well as
with families, allowing us to engage more directly and effectively with them and respond to needs in a more
efficient manner.
Governance and Structure
Following the appointment ofthe Charity's first Chief Executive in January 2023, and in line with our
commitment to growth and sustainability, we undertook a review of our organisational structure and recruited
a Fundraising Manager and Communicatioris Manager. This strategic change will enable us to expand our
reach, enhance our impact and provide more comprehensive support to those who rely on us.
The Chief Executive reviewed processes and policies to ensure compliance with Charity Commission Nl
requirements and worked with Edwards & Co to begin the process of incorporation which will be completed
next year.
Supporting the Unit
The Charity continued to provide support to the Children's Cancer Unit through the provision of equipment
and resources for the Ward and Clinic, as well as providing toys, gifts and treats for children and families.
We have continued our partnership with Aftac Northern Ireland to provide My Special Aflac Ducks to children
diagnosed with cancer. We also continued to roll out our robotics programme, providing telepresence robots
to schools to help combat social isolation and support the educational needs of young patients while
undergoing treatment.
The Children's Cancer Unit Charity a150 conlinued to fund specialist roles wilhin the Unit. As well as
continuing to fund a Teenage & Young Adults Database Manager and Assistant Clinical Psychologist, in
2023 we also funded two new roles - a Brain Tumour Dedicated Social Worker and a Clinical Fellow.
Additionally. we committed to funding a Play Specialist to deliver weekend activity which will be recruited in
2023124.
Page 3

CHILDREN'S CANCER UNIT CHARITY
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 OCTOBER 2023
Family Support
The Charity Gontinued to provide financial assistance to families on referral from the Social Work Team in
the Unit. These requests for specific support included travel for treatment, specialist equipment for the family
home, childcare for siblings, educational resources, and palliative support.
Raising Awareness
In September. the Children's Cancer Unit Charity partnered with Childhood Cancer Ireland and Cancer Fund
for Children to deliver the Light It Up Gold campaign. This event to mark Childhood Cancer Awareness
Month, included activities for children and young people in the Unit, as well as having prominent buildings lit
up in Belfast to raise awareness of childhood cancer.
In 2023, the Charity developed and rolled out a partnership with Queen's University Belfast School of
Nursing to promote children's cancer nursing as a career path. This first year included an Annual Student
Showcase event, Engagement Workshops, Student Prize and a Travel Scholarship Programme which sent
three students to the Children's Centre of Healthcare in Atlanta, USA.
Fundraising
While fundraising activity took place throughout the year from a variety of corporate, community and
individual supporters, the much of the focus was in September, during Childhood CancerAwareness Month.
The fundraising highlight of the yearwas the bi-annual CCUC Golf Day at Rockmount Golf Club in
September, which raised £130,000 for the Charity. Our annual Stormont Mile, sponsored by Hagan Homes,
also took place in September, raising £30,000.
FINANCIAL REVIEW
The Charity's income for the 12 month period ending 31s1 October 2023 was £567,347, increasing from Ihe
previous financial year (net expenditure of £451,479 in 2022).
Total resources expended of £470,921 increased when compared to the previous financial year (2022..
£429,845), mainly due to the restructuring of the team, new staff roles, and move to new headquarters.
Total net assets amounted to £3.972,704 as of 31sl October 2023 {2022: £3,832,548).
The majority offunding comes from voluntary donations.
Reserves Policy
The Children's Cancer Unit Charity's policy is to provide the charity with adequate financial stability and the
means for it to meet its charitable objectives for the foreseeable future. The charity aims to maintain reserves
at levels equivalent to 9 months operational expenditure. The organisation is entirely dependent upon
fluctuating donor funding from year to year and requires protection against and the ability to continue despite
any downturn in income. Levels of reserves are currently high and until the reserves are utilised, funds will
be invested in a number of short to medium term deposits to obtain a return in the current economic climate.
On making these investments, the ability to wtthdraw funds has been considered.
PLANS FOR THE FUTURE
Plans for the next twelve months include..
Supporting the Children's CanGer Unit
The Children's CanGer Unit Charity will furiher enhance its support forfamilies and identify development
opportunities.
In addition to Ihe roles currently funded by the Charity, the Charity has committed to funding a Play
Specialist to ensure that Play Support is delivered 7 days a week.
The Charity will roll out a pilot programme using Virtual Reality technology to provide immersive experiences
to reduce anxiety and introduce relaxation techniques for children undergoing cancer treatments. The VR
technology will be delivered in partnership with the Clinical Psychology Team.
The Charity will also provide events for families living with cancer to spend quality time together in a safe
and supportive environment, outside of the h05Pltal setting.
Page 4

CHILDREN'S CANCER UNIT CHARITY
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 OCTOBER 2023
The Charity will continue to provide training and development support to the staff team within the Children's
Cancer Unit, to provide meeting space within our new headquarters, and to further strengthen working
relationships to better support the team's needs.
The Children's Cancer Unit Charity will engage with the Department of Health in their review of their strategy
for teenagers and young adults.
Raising Awareness
The Children's Cancer Untt Charity will develop clear brand guidelines and create appropriate services
literature to better inform families and supporters of our seNices.
The Charity will also develop a new website, with funding secured through the National Lottery Community
Fund, and will create updated video and photography content.
The Charity will continue to develop and deliver its partnership with Queen's University Belfast's School of
Nursing and Midwifery, delivering a programme of events to promote and enhance Childhood cancer
treatment and care in Northern Ireland.
The Charity will also become an active member of the Northern Ireland Children'5 Health Charities Coalition.
The Children's Cancer Unit Charity are also committed to exploring opportunities to support research into
paediatric oncology and will engage with Ulster University and the All-lsland Children's Oncology Ne￿Ork
(ACORN} on potential collaboration.
Family Support
The Children's Cancer Unit Charity will continue to work alongside the Social Work Team within the Unit to
deliver appropriate support to families, as well as to continue to expand the Robotlcs Programme.
The Charity will also partner with Young Lives Vs Cancer and Cancer Fund for Children to develop a Parents
Advisory Group.
Fundraising
With the recruitment of the new Fundraising Manager, we will review income generation, develop an income
generation strategy and put in place the appropriate resources and structures to increase income
generation, in order to ensure that The Children's Cancer Unit Charity has the financial resources it needs to
achieve its aims and objectives.
Governance and Structure
The Charity will progress the process of incorporation and ensure compliance with the Charity Commission
of Northern Ireland.
The Trustees will undertake a strategic review to ensure that we can continue to deliver and expand our
activities in line with our objectives.
The Trustees are committed to the development of the infrastructure of the organi5ation in terms of staffing
and will recruit an Office Manager and Services Co-ordinator. to further maximise opportunities and enhance
good governance.
In setting our objectives and planning our activities for the year, the Trustees have given careful
Gonsideration to the Charity Commission for Northern Ireland's guidance on public benefit to ensure that the
activities have helped to achieve the charitls purposes and provide a benefit to the beneficiaries.
Page S

CHILDREN'S CANCER UNIT CHARITY
TRUSTEES, ANNUAL REPORT
FOR THE YEAR ENDED 31 OCTOBER 2023
Trustees, responsibilities
The trustees are responsible for preparing the Trustees, Annual Report and the financial ststements in
accordance with applicable law 2nd United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice).
The law applicable to charities in Northern Ireland requires the trustees to prepare financial statements for
each financia5 year which give a true and fair view of the state of affairs of the charity and of the incoming
resources and application of resources of the charity for that period.
In preparing these financial statements, the trustees are required to:
select suitable accounting policies and then apply them consistently-
observe the methods and principles in the Charities SORP 2019 (FRS 1021.,
make judgements and estirnates that are reasonable and prudent.,
state whether applicable aGcounting standards have been followed..
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy
at any time the financial position of the charity and enable them to ensure that the financial statements
comply with the Charities Act (Northern Ireland) 2008, Ihe Charities (Accounts and Reports) Regulations
(Northern Ireland) 2015 and the provisions of the trust deed. They are also responsible for safeguarding the
assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and
other irregularities.
Disclosure of information to the auditors
We, the trustees who held office at the date of approval of these Financial Statements as set out above, each
confirm, so far as we are aware, that..
there is no relevant audit information ofwhich the company's auditors are unaware., and
we have taken all the steps that we ought to have taken as trustees in order to make ourselves aware of
any relevant audit information and to estsblish that the company's auditors are aware of that information.
On behalf of the board
Felix Moo
Date..
Chai
Page 6

CHILDREN'S CANCER UNIT CHARITY
INDEPENDENT AUDITOR'S REPORT
Opinion
We have audited the financial statements of Children's Cancer Unit Charity (the'charitable Gompany,) for the
year ended 31 October 2023 which comprise Statement of Financial Activities, Balance Sheet, statement of
Cash Flows and notes to the financial statements, including significant accounting policies. The financial
reporting framework that has been applied in their preparation is applicable law and United Kingdom
Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard
applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
give a true and fair view of the state of the charitable company's affairs as at 31 October 2023, and of
its incoming resources and application of resources, including its income and expenditure, for the year
then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting
Practice., and
have been prepared in accordance with the requirements of the Charities Act (Northern Ireland) 2008.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) {ISAs (UK)) and
applicable law. Our responsibilities under those standards are further described in the auditor responsibilities
for the audit of the financial statements section of our report. We are independent of the charitable company
in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK,
including the FRC'S Ethical Standard. and we have fulfilled our other ethical responsibilities in accordance
with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate
to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to
continue as a going concern for a period of at least twelve months from when the financial statements are
authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the
relevant sections of this report.
other information
The other information comprises the information included in the trustees, annual report2
other than the
financial statements and our auditor's report thereon.The trustees are responsible for the other
information. Our opinion on the financial statements does not cover the other information and we do not
express any form of assurance conclusion thereon.
Our responsibility is to read the other information and, in doing so, consider whether the other infonTJation is
materially inconsistent with the financial statements or our knowledge obtained in the course of the audil or
otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material
misstatements, we are required to determine whether this gives rise to a material misstatement in the
financial Statements themselves. If, based on the workwe have performed, we conclude that there is a material
mi5Statement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Page 7

CHILDREN'S CANCER UNIT CHARITY
INDEPENDENT AUDITOR'S REPORT
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and
Reports) Regulations (Northern Ireland) 2015 require us to report to you if, in our opinion..
the information given in the trustees, report is inconsistent in any material respect with the financial
statements- or
sufficient accounting records have not been kept., or
the financial statemenls are not in agreement with the accounting records., or
we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the trustees, ￿sponsibl11t¢es statement set out on page six, the trustees are
responsible for the preparation of Ihe financial stalements and for being satisfied that they give a Irue and fair
view, and for such internal control as the trustees determine is necessary to enable the preparation of financial
ststements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's
ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using
the going concern basis of accounting unless the trustees eilher intend to liquidate the charitable company or
to cease operations, or have no realistic alternative but to do so.
Auditor responsibilities for the audit of the financial statements
We have been appointed as auditor under section 65{2} of the Charities Act (Northern Ireland) 2008 and report
in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whetherthe financial statements as a whole are free
from material misstatement, whether due to fraud or error. and to issue an auditorfs report that includes our
opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise
from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be
expected to influence the economic decisions of users taken on the basis of these financial statements.
A further description of our responsibilities is available on the FRC'S website at..
htt s'.Ilwww.frc.or
-uklauditorslaudit-assurancelauditor-s-res
onsibilities-for-the-audit-of-the-fildescri
the_auditor/oE20/080% 99s-res
onsibilities-for. This descriplion forms part of our auditor's report.
tion-of-
Explanation as to vvhat extent the audit was considered capable of detecting irregularities, including fraud
Irregularities. including fraud, are instances of non-compliance with laws and regulations. We design
procedure5 in line with our responsibilities, outlined above, to detect material misstatements in respect of
irregularitie5, including fraud. Owing to the inherent limilations of an audit there is an unavoidable risk that
material misstatement in the financial statements may not be detected, even though the audit is properly
planned and performed in accordance with ISA'S (UK).
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below..
Based on our understanding of the company and industry, we identified thal the principal risks of
non-compliance with laws and regulations related to compliance with Employment Law, Environmental
Regulations and Health & Safety Laws, and we considered the extent to which non-compliance mighl have a
material effect on the financial statements. We also considered those laws and regulations that have a direct
impact on the preparation of the financial statements such as Companies act 2006 and applicable tax laws.
The Audit engagement partner considered the experience and expertise of the engagement team to ensure
that the team has appropriate competence and capabilities to identify or recognise non-compliance with the
laws and regulation. We evaluated management's incentives and opportunities for fraudulent manipulation of
the financial statements (including the risk of override of controls) and determined that the principal risks were
related to posting inappropriate journal entries to manipulate financial performance and management bias
through judgements and assumptions in significant accounting estimates, in particular in relation lo significant
Page 8

CHILDREN'S CANCER UNIT CHARITY
INDEPENDENT AUDITOR'S REPORT
one-off or unusual transactions. We apply professional scepticism throughout the audit to consider potential
deliberate omission or concealment of significant transactions, or incompletelinaccurate disclosures in the
financial statements.
In response to these principal risks, our audit procedures included but were not limited to..
Enquiry of management on the policies and procedures in place regarding compliance with laws and
regulations, including consideration of known or suspected instances of non-compliance and whether they
have knowledge of any actual, suspected or alleged fraud.,
Inspection of the company's regulatory and legal correspondence and review of minutes of directols
meetings during the year.,
Gaining and understanding of the internal controls established to mitigate risk related to fraud.,
Discussion amongst the engagement team in relation to the identified laws and regulations and regarding
the risk of fraud, and remaining alert to any indications of non-compliance or opportunities for fraudulent
manipulation of the financial statements throughout the audit.,
Identifying and testing journal entries to address the risk of inappropriate journals and management
override of controls.,
Designing audit procedures to incorporate unpredictability around the nature, timing or extent of our testing-
Challenging assumptions and judgements made by management in their significant accounting estimates,
including estimating useful lives of tangible fixed assets, and allowance for the impairment of old or obsolete
stock- and
Review of the financial statement disclosures to underlying supporting documentation and enquiries of
management.
The primary responsibility for the prevention and detection of irregularities including fraud rests with those
charged with governance and management. As with any audit, there remains a risk of non-detection or
irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations or override of
internal controls.
As part of an audit in accordance with ISAS {UK}, we exercise professional judgment and maintain
professional scepticism throughout the audit. We also..
Identify and assess the risks of material misstatement of the financial statements. whether due to fraud
or error, design and perform audit procedures responsive to those risks, and obtain audit evidence
that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material
misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve
collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that
are appropriate in the circumstances, but not for the purpose of expressing an opinion on the
effectiveness of the internal control.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting
estimates and related disclosures made by the directors.
Conclude on the appropriateness of the directors use of the going concern basis of accounting and.
based on the audit evidence obtained, whether a material uncertainty exists related to events or
conditions that may cast signtficant doubt on the company's ability to continue as a going concern. If
we conclude that a material uncertainty exists, we are required to draw attention in our auditorfs report
to the related disclosures in the financial Statements or, if such disclosures are inadequate, to modify
our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's
report. However, future events or conditions may cause the company to cease to continue as a going
concern.
Evaluate the overall presentation, structure and content of the financial statements, including the
disclosures, and whether the financial statements represent the underlying transactions and events
in a manner that achieves fair presentation.
We communicate with those charged with governance regarding. among other matters, the planned scope
and timing of the audit and significant audit findings, including any significant deficiencies in internal control
that we identify during our audit.
Page 9

CHILDREN'S CANCER UNIT CHARITY
INDEPENDENT AUDITOR'S REPORT
Use of our report
This report is made solely to the charitable company's trustees, as a body, in accordance with Part 4 of the
Charities (Accounts and Reports) Regulations {Northern Ireland) 2015. Our audit work has been undertaken
so that we might state to the Gharitable Gompany's trustees those matters we are required to state to them in
an auditor's report and forno other purpose. To the fullest extent permitted by law, we do not accept or assume
responsibility to anyone other than the charitable company and the charitable companls trustees as a body,
for our audit work, for this report, or for the opinions we have formed.
10
Keith William Mcmanus FCCA
Auditor)
For and behalf of
McGuire + Farry Limited
Chartered Certified Accountants and Statutory Auditors
Emerson House
Carryduff
Belfast
BT8 8DN
Page 10

CHILDREN'S CANCER UNIT CHARITY
STATEMENT OF FINANCIAL ACTIVITIES
Ilncorporating the Income and Expenditure Account)
FOR THE YEAR ENDED 31 OCTOBER 2023
2023
2022
Unaudited
Unrestricted
R8strict&d
funds
funds
Total
Total
Note
Income from:
Donations and legacies
Other trading activities
Other
Total income
548,573
548,573
450,012
20
1.447
451,479
18,774
567,347
18,774
567,347
Expenditure on:
Raising funds
Charitable activities
Total expenditure
50,140
420,781
470,921
50,140
420,781
470,921
51,818
378,027
429,845
Net gainsl(losses) on revaluation
of investments
Net incomel{expenditure)
43,728
43,728
(162,766)
140,154
140,154
(141,132)
Transfers between funds
Net movement in funds
140,154
140,154
(141,132)
Reconciliation of funds:
Total funds brought forward
3,832,550
3,832,550
3,973,682
Total funds carried forward
3,972.704
3,972,704
3,832,550
All income and expenditure derive from continuing activities.
The statement of financial activities includes all gains and losses recognised during the year.
Page 11

CHILDREN'S CANCER UNIT CHARITY
BALANCE SHEET
FOR THE YEAR ENDED 31 OCTOBER 2023
2023
2022
Unaudited
Nole
Fixed assets
Tangible assets
Investments
10
2,237
3,591,177
2,796
1,310,769
3,593,414
1,313,565
Current assets
Debtors
Cash and cash equivalents
5,491
393,131
34,217
2,532,539
398,622
2,566,756
Creditors: amounts falling due within one year
12
19,332
47,773
Net current assets
379,290
2,518,983
Total assets less current liabilities
3,972,704
3,832,548
Charity Funds
Unrestricted funds- General Funds
13
3,972.704
3,832,548
The financial statements were approved and authorised for issue by the Board on
Signed on behalf of the board of trustees
Felix Mooie
Date.. g£)£
Chairma
The notes on pages 14 to 20 form part ofthese financial statements.
Page 12

CHILDREN'S CANCER UNIT CHARITY
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 OCTOBER 2023
2023
2022
Unaudited
Note
Cash flow from operating activities
Net incomel{loss) for the reporting period
140,154
(141,132)
Adjustments for:
Depreciation charges
Interest received
Dividends and interest from investments
Net {gainllloss from revaluation of investments
Decrease in debtors
Decrease in creditors
Net cash flow from operating activities
10
559
{12,881)
15,8931
{43,728)
35,716
{28,4411
85,486
699
(1,447)
162,766
(11,629)
10,057
19,314
Cash flow from investing activities
Payments to acquire investments
Dividends, interest and rents from investments
{2,230,7871
5,893
Net cash flow from investing actiVTties
{2,224,894)
Net increase l (decrease) in cash and cash equivalents
(2,139,408)
19,314
Cash and cash equivalents at the beginning of the year
2,532,539
2,513,225
Cash and cash equivalents at the end of the year
393,131
2,532,539
Cash and cash equivalents consists of:
Cash at bank and in hand
Cash fund in investment portfolio
373,918
19,213
2,532,539
Cash and cash equivalents at the end of the year
393,131
2,532,539
P8ge 13

CHILDREN'S CANCER UNIT CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
Summary of significant accounting policies
(al General information and basis of preparation
Children's Cancer Unit Charity is a charity organisation registered in Northern Ireland. The addres5 of
the registered office is given in the charity information on page 1 of these financial statements.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have
been prepared in accordance with 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 issued in October 2019, the Financial Reporting
Standard applicable in the United Kingdom and Republic of Ireland {FRS 102),the Charities Act
(Northern Ireland) 2022, and UK Generally Accepted Accounting Practice.
The financial statements are prepared on a going concern basis under the historical cost convention,
modified to include certain items at fair value. The financial statements are presented in sterling which
is the functional currency of the charity and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all years presented unless otherwise stated.
(b) Funds
Unrestricled funds are available for use at the discretion of the trustees in furtherance of the general
objectives of the charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular
purpose5. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the charity for particular purposes. The cost of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted fund
is set out in the notes to the financial statements.
(c) Income recognition
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is
legally entitled to the income after any performance conditions have been met, the amount can be
measured reliably and it is probable that the income will be received.
For donations to be recognised the charity will have been notified of the amounts and the settlement
date in writing. If there are condition5 attached lo the donation and this requires a level of performance
before entitlement can be obtained then income is deferred until those conditions are fully met or the
fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled.
No amount is included in the financial statements for volunteer time in line with the SORP. Further detail
is given in the Trustees. Annual Report.
Investment income is earned through holding assets for investment purposes such as shares and
property. It includes dividends, interest and rent. Where it is not practicable to identify investment
management costs incurred within a scheme with reasonable accuracy the investment income is
reported net of these costs. It is included when the amount can be measured reliably. Interest income is
recognised using the effective interest method and dividend and rent income is recognised as the
charity's right to receive payment is established.
Page 14

CHILDREN'S CANCER UNIT CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
(d) Expenditure recognition
All expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate all costs related to the category. Expenditure is recognised where there is a legal or
constructive obligation to make payments to third parties. it is probable that the settlement will be
required and the amount of the obligation can be measured reliably. It is categorised under the following
headings=
Costs of raising funds includes of costs incurred in attracting voluntary income, and those incurred
in trading activities that raise funds.,
Expenditure on charitable activities comprises the costs of delivering services the community,
together with supports costs incurred centrally and governance costs associated with the
governance arrangements of the charity which are primarily associated with constitutional and
statutory requirements.
Other expenditure represents those items not falling into the categories above.
Irrecoverable VAT is charged as an expense against the activity for which expenditure arose.
All costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect
the use of the resource.
le) Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation
and accumulated impairment losses. Cost includes costs directly attributable to making the asset
capable of operating as intended.
Depreciation is provided on all tangible fixed assets, at rates calculated to write off Ihe cost, less
estimated residual value, of each asset on a systematic basis over its expected useful life as follows..
Plant and machinery
Equipment
20% Reducing balance
200/0 Reducing balance
(fj Investments
Investments are recognised initially at fair value which is normally the transaction price excluding
transaction costs. Subsequently, they are measured at fair value with changes recognised in 'net gains
l (losses) on investments, in the SOFA if the shares are publicly traded or their fair value can otherwise
be measured reliably. Other investments are measured at cost less impairment.
Current asset investments are short term highly liquid investments and are held at fair value. These
include cash on deposit and cash equivalents with a maturity of less than one year.
(g) Debtors and Creditors receivable I payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded
at transaction price. Any losses arising from impairment are recognised in expenditure.
(h) Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at
each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's
cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount
exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is
carried at a revalued amount where the impairment loss is a revaluation decrease.
Page 15

CHILDREN'S CANCER UNIT CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
(i) Fund accounting
The Trust has var¢ous types offunds for which it is responsible, and which require separate disclosure.
These are as follows..
Restricted funds
Grants or donations received which are designated by the donor for specific purposes. Such purposes
are within the overall aim of the charity.
Unrestricted funds- General funds
Funds which are expendable at the discretion of the charity in the furtherance of the objectives of the
charity.
Unrestricted funds - Designated funds
Funds which have been set aside by the charity to act as a contingency to ensure the continuity of
service. Designated funds continue to count as part of the unrestricted funds of the charity.
(i) Leases
The charity classifies the lease of p￿miseS as an operating lease. The title to the premises remains with
the lessor. Rental charges are charged to the statement of financial activities on a straight line basis
over the term of the lease.
{k) Employee benefits
When employees have rendered service to the charity. short-term employee benefits to which the
employees are entitled are recognised at the undiscounted amounl expected to be paid in exchange for
that service.
The charity operates a defined contribution plan for the benefit of its employees. Contributions are
expensed as they become payable.
(l) Tax
As a charity, the Trust is not liable to either income tax or corporation tax.
(m) Going concern
The financial statements have been prepared on a going concern basis as the trustees believe that no
material uncertainties exist. The trustees have considered the level of funds held and the expected level
of income and expenditure for 12 months from authorising these financial statements.
(n) Judgements and key sources of estimation uncertainty
The following judgements {apart from those involving estimates) have been made in the proces5 of
applying the above accounting policies that have had the most significant effect on amounts recognised
in the financial statements-
Determine whether there are indicators of impairment of the company's tangible assets. Factors taken
into consideration in reaching such a decision include the economic viability and expected fulure
financial performance of the asset and the business in general. The directors also consider the
depreciation rates on an annual basis to ensure there is sufficient evidence to support these and that
the estimates remain reasonable.
Page 16

CHILDREN'S CANCER UNIT CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
Other income
2023
2022
Bank inlerest received
Dividends and interest from investments
12,881
5,893
18,774
1,447
1,447
The total amount was attributable to unrestricted funds both in 2023 and 2022.
Expenditures
Unrestricted
Reslricttd
Total
Funds
Total
Funds
Funds
Funds
2023
2023
2023
2022
Raising funds
PR and Marketing
Finance Service charges
48,978
1,162
50,140
48,978
1,162
50,140
50,703
1,115
51,818
Charitable activities
Support costs (Note 4)
CHU- staff costs
Family and children support
Project and partnership costs
Event costs
CHU- conference and training costs
180,706
78,802
74,991
45,746
22,774
17,762
420,781
180,706
78,802
74,991
45,746
22,774
17,762
420.781
74,362
77,657
43,853
164,557
17,598
378.027
Allocation of support costs
Unrestricted
Restricted
Total
Funds
Total
Funds
Funds
Funds
Support costs
2023
2023
2023
2022
Staff costs
Office costs (incl. rental)
Governance costs (Note 51
Travel expenses
Hospitality
Insurance
Depreciation
Bank charges
Other
Total
86,611
53,666
34,846
1,504
170
2,936
559
199
215
180,706
86,611
53,666
34,846
1,504
170
2,936
559
199
215
180,706
32,597
19.462
17,277
1,525
587
2,077
699
138
74,362
Page 17

CHILDREN'S CANCER UNIT CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
Governance costs
2023
2022
Audit and accountancy services
Professional and legal fees
17,520
17,326
34,846
14,400
2,877
17,277
Net incorne l (expenditure) for the year
Net income / (expenditure) is stated after charging l (crediting)=
2023
2022
Depreciation of tangible fixed assets
Operating lease rentals
(Profit) I loss on fair value movement of investments
559
18,040
(43,7281
699
10,316
162,766
Auditor's remuneration
The auditorfs remuneration amounts to an audit fee of £3,000 (2022 - nil) and tax and other services of
£480 (2022 - £1,560}.
Trustees. and key management personnel remuneration and expenses
The trustees neither received norwaived any remuneration during the year (2022.. £Nil).
The total amount of employee benefits received by key management personnel is
£46,951 (2022 - £Nil}. The Trust considers its key management personnel to comprise those
individuals who have the authority and responsibility for planning. direcling, and controlling the
activities of the Trust. This typically includes members of the Board of Trustees, the Executive
Director, and other senior management roles.
No trustees are accruing pension arrangements in 2023 (2022 - Nil>.
The trustee5 did not have any expenses reimbursed during the year (2022- £Nil).
Staff costs and employee benefits
The average monthly number of employees and full time equivalent (FTE) during the year was as
follows..
2023
Number
2023
FTE
2022
Number
2022
FTE
Governance
Page 18

CHILDREN'S CANCER UNIT CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
The total staff costs and employee benefits were as follows:
2023
2022
Wages and salaries
Social security costs
Other pension costs
83,225
1,075
2,311
28,917
3,680
86,611
32,597
No employees received total employee benefits (excluding employer pension costs) of more than
£60,000.
10 Tangible fixed assets
Equipment
Furniture and
Fittings
Total
Cost or valuation:
At 1 November 2022
Additions
Disposals
At 31 October 2023
7,220
72,633
79,853
7,220
72,633
79,853
Depreciation:
At 1 November 2022
Charge for the year
At 31 October 2023
6,043
235
71,014
324
77,057
559
6.278
71,338
77.616
Net book value:
At 31 October 2023
942
1,295
2,237
At 31 October 2022 (unaudited)
1,177
1,619
2,796
Fixed asset investments
Total
Cost or valuation
At 1 November 2022
Additions
Disposals
Revaluation
At 31 October 2023
1,310,769
3,184,148
947,468
43,728
3,591,177
The fair value of listed investments is determined by reference to the quoted price for identical assets in
an active market at the balance sheet date.
Page 19

CHILDREN'S CANCER UNIT CHARITY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
12 Creditors: amounts falling due within one year
2023
2022
Trade creditors
Other tax and social security
Other creditors
Accruals
15,660
673
20,470
173
1,131
25,999
2,999
19,332
47,773
13 Analysis of net assets between funds
Unrestricted
Restricted
funds
funds
Total
2023
2023
2023
Fixed assets
Current assets
Creditors less than one year
3,593,414
398,622
19,332
3,593,414
398,622
19,332
Total
3,972,704
3,972,704
Unrestricted
Restricted
funds
funds
Total
2022
2022
2022
Fixed assets
Current assets
Creditors less than one year
1,313,565
47.773
2,566.756
1,313.565
47,773
2,566,756
Total
3,832,548
3,832.548
14 Pension scheme
Defined contribution pension plans
The charity operates a defined contribution pension plan for its employees. The amount recognised as
an expense in the period was £2,311 (2022 - £3,680).
The defined contribution liability is allocated to unrestricted funds.
15 Related party transactions
Mr Drew Wilkin50n was a member of the Trustee Committee and is also a director in Maliz Consulting
Ltd. During the year, £14,400 (2022.. £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.
Page 20