cc The Children Cancer Unit Charity CHILDREN'S CANCER UNIT CHARITY ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 CHARITY COMMISSION for NORTHERN IRELAND REGISTRATION NUMBER 104794
CHILDREN'S CANCER UNIT CHARITY CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 Pa90 Charlty Reference and Adminislrative Details Trustees. Annual Report Independent AudStols Report Stalement of Flnanci81 Activitres (Including Income and Expenditure Account) 8alanc6 Sheet 8-11 12 13 Statement of Cash Fbws 14 Notes to the Flnanclal Statements 15-21
CHILDREN'S CANCER UNrr CHARITY CHARITY REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 OCTOBER 2024 Presldent Dr B8n WHson Tru8te88 Fellx Moongy (Chalrman) Anne Dougan (appolnted 24th January 2025) Sheila Ferguson stuart Irwin {appoint8d 7th March 2024) Laurie Jones (resigned 24th June 2024) Anthony Mccarthy Mark Mccomiack (r8sign8d 24th June 2025) Denls Murphy Aaron Niblock {appolnt8d 24th January 2025) Chlof executlvo offlcer Jane Hoare Reglsterod office 141-143 Falls Road Belfast BT12 6AF Règ18terad number NIC104794 Audltors McGulre + Fary L5mlted Chartered Certlfied Accountants Emerson House Carryduff Belfast BT8 8DN Sollcltor Edwards & Co. Solicltors 3r1 Floor Sessla House 61-67 Donegall Street Belfasi BT12QH Bankers Ulster Bank (North8m Ir8land) PO Box 232 11-16 Donegall Square Easl BeaSt BT15UB Danske Bank PO Box 183 Donagall Squar8 W8St Belfast BT16JS Inveslmont managers J & E Davy (UK) Limited {trading as" Davy Private Cllents UK) Donegall House 7 Donegall Square North Belfast BT15GB P1
CHILDREN'S CANCER UNIT CHARITY TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 OCTOBER 2024 The Trusle8s are pleased to present their annual r8POrt together with the financlal statements of the charlty for the yéar anding 31 October 2024. Rèfernnco and Admln18tratlve Dolalls Th8 r6qulred reference and adminlstrat5v8 details ar8 lald out on Page 1- Company Inforniallon. Objectlves and Acllvltl•s Th8 prlncipal activity of the Children's Cancer Unit Charty Is providing support for the Unil, medical slaff and famllles 81 The Royal Belfast Hospital for Sick Children's Oncology and Haemalology UnSt, and to ensure that they have thé necassary resourc88, equipmenl and support lo ènsur8 that childr8n affect8d by Cancer and complgx blood dlsorders in North&m Ireland hav8 access to the best Possible Ireatment and care. The charity also aims to ralse aw8r8n8ss of childhood cancer end the 8ffects It has on famllles across Northern Ireland, and to funding research into paediatric oncology. In addltlon to Ihls, the charity Is commltted to provKllng additlonal support to famlll8s affect8d by cancer. MAIN ACTIVITIES Slaftlng and Speclallsod Cara The Children's Cancer Unlt Charlty strfves to ensure thal chlldren and young people rec8iV8 the hlghest level of care they need durlng thelr cancerjourney by supporting the medlcal teams Involved In Ihelr treatment. We fijnd vltal posts across a range of disclpllnes at the Haemalology and Oncology Unit. We also provlde support and r8sources for Ihe wlder Unlt leam 8nd by fundlng tralning and educatlon programmes for the slaff to ensure they have the knowledge and skllls to provlde the best possible care. Infrastructure Wé a¢llvely contrlbute to Iha funding, developmenl and enhancement ofthe physical Infrastructure of the Unlt. Where possible, we have funded the constructlon of addltlonal rooms and spaces on tha ward and cllnic. In the past th18 has Included th8 creatlon of two Isolalion sultes, as well as d8dical8d rooms tailored speciflcally for teenagers and young people, and a parents, kitchen on Ihe ward. Thiough these inillatlves, we strlv8 to Improve the physlcal envlronmenl of the Unit, maklng It a place ol comforl, care and support. Equlpm8nt The Children's Cancer Unit Charlty provldes and funds a raroe of equipfflent to bonefit chlldren during thelr cancerjourney, both al hospltal and at home. We Invest In essentlal medical equlpment eg. funding the state of the art UltrasOur Room. W6 also provide speclallsed 8quipment and Tesources to prepare chlldren for tre8lmant includlng My Special Aflac Ducks, play resourc8$ and sensory toys. Our Robotlcs progranimo enables chlldren to access school durlng thelr treatment through Ihe use of telepresence robots. which help them get back into the classroom remotely and stay ¢onnected with thelr schoolwork, teachers and classmates. Famlly Support Sarvlce8 The Chlldren's Cancer Unlt Charlty provides a range of seNic&s lo familie510 ensure they find some level of comfort, nomallty and togethemess during their child's cancer journey. Paga 2
CHILDRENJS CANCER UNIT CHARITY TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 OCTOBER 2024 These services indude praGtlcal and financlal support to e8S8 the burdens families may face followlng a cancer dlagnosis, hom8 from home comforts in the Unit such as seasonal tr8ats. vlsits and activit18s, as well as tOyS and games. W6 organis8 8v6nts and opportunitl8s for famlltes to spend qualty time together away from tho hospital setting. Resoor¢h & Dovalopment The Chlldren's Cancer UnSt Charlty actively contributes to research focused on ImprovSng treatment optlons and oulcomes for chlldren with cancer. We continue to work in partner5hlp with other organlsalions to develop inltlatives and Smprovements for chlldren and young people with cancer, including the Adolescent & Young Adol8scent (AYA) Service, the Norihem Ireland Charltles Health Coallllon, the Northern Ireland Cancer Charllle8 Coalition. as w811 as worklng whth Queens Unlverslty Belfasl to promot8 and engage students wlth chlklien'5 Gancer nurslng. Tog8th8r. we build a stronger, mor8 supportive envlronment for children, and strlve to make a poslliva, lasting impact on every child's Cancer Journey. CHIEVEMENTS A D PERFORMANCE Now H6adquarter8 Throughout the year The Chlldrèn's Cancer Unlt Charlty conlnued to develop Ihe new headquarter Space across the road from the Unit. These new premlses hav8 dramalically Improv8d the level of servlce we are able to offer, Increa8lng the Charlty'8 public visibllity and brand awareness wilh new slgnag8, and offerlng Increased accessibllity and engagement with supporter5 and famlli8s. We completed the refurbishment of the meellng rooms whlch are now regularly used by slaff18arn8 from Ihe Children's Cancer Unit. The ease of access has continued to Strengthen relatlonshlps between the ¢harlty and the Unlt staff, a8 W811 as with famllles. allowlng us to engage more dlrgctly and 8ffecliv8ty wilh them 8nd respond to needs In a more efficlent mann8r. Governan¢• and Slructure In Iln8 wlth our commttment to gr0h and sustainabHity, lh8 Charlty has expandad Ils staff team wlth the addillon of an Offlc8 Manager and SeNIc8s Co-ordinator. The Qffl¢e Manager, in additlon to the admlnlstratlv6 funcllon of the role, also provldes structur8 and conslslency of cover for our headquarters. ensur5ng staff, families and supporters can avail of our services. The Services Co-ordinator lials6S Wlth staff In the Unll and fam115es to deliver sUPPOrt services including the rnanagernt and dellvery of our telepresence robots. famlly ev6nts and tre81s In the Unlt. The Board Trustees commllled to undertaklng a 8trateglc and govemance rgvlew project to develop 8 new organlsatlonal str8tegy to take the Charlty forward. Supportlng the Unlt The Charlly contlnued to provlde supportto the Children's Cancor Unlt through the provlslon of equlpment and resource8 for th8 Ward and Clinic, as well as provldlng toys. gifts and traats for children and f8mili8S. We have contlnued our partnorship with Afla¢ Northern Ireland to provlde My Special Aflac Ducks to children dlagnosed wlth cancer. We also continued lo roll out our robotlcs programm8, providing lè18wes8nce robots lo schools to help combat sockal Isolation arKJ suppori the educational needs of young patients whlle und&rgolng treatment.
CHILDREN'S CANCER UNIT CHARITY TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 OCTOBER 2024 Worklng alongslde the Clinlcal PsychoEogy Tearn, Th8 Children's Cancer Unlt funded new VR Technology to support childr8n and young people during treatment through immersiv8 8XP8riences to redu¢6 anxlety and introduce relaxauon technlques. The Chlldren's Cancer Unlt Charfty also continued to fijnd speclalisl rolas with5n th8 Unlt. As well as the Assistant Clinical Psychologlsl, Braln Tumour D8dlcated Social Worker and Cllnlcal Fellow, we also Inlroduc8d two further roles. fvnding a Play Speciallst to deliver weekend activlty. and part-funding a Cllnical Resèarch Nurse. We contSnued to support the training and development ol the Unit staff by funding att8ndance at conferences and courses, to ensure they hav8 access to the most up-tdate Informatlon to improve treatments. Famlly Support Thg Charlly continued to provlde financlal asslstanc8 to families on r8f8rral from the Soclal Work Team in the Unit. These requests for specific support induded travel for treatment, speciallst 8qulpmenl for the famlly hom8, childcare for slbllngs. educational r8sourc8S, 8nd palllatlv8 SUPPOrt. Worklng In partnership with Young Llv8s vs Canc8r and Cancer Fund for Children, we Introduced a Parents Advisory Group. provlding parents wilh a spac8 to voice thelr f88dback on the Unlt. We also dellver8d a number of famlly events. Indudlng a ChrfBlmas Party at Tha MAC Belfast, and Summer Famlly Fun Day with Afia¢ Nl. These events allow8d chlldren who ar8 undergolng treatment to enjoy partles with thelr famllies, In a safe 8nvlronment. Ral8lng Awaren09A Followlng th8 recrultment of the Communlcatlons M8nag8r, Th8 Childrèn's Cancer UnSt Charity undertook a brand revlew prolecl, developing clear brand guidellnes and consistenl me8saglng. We developed new literature oulllnlng our seNices, and workèd on the development of a new websile, to be launch8d In 2024125. In September, th8 Children's Canc8r Unlt Charlty parlnered with Cancer Fund for Chlldr8n and Frlends of the Cancer Centre to dellver a Go Gold Day. This event lo mark Chlldhood Can¢8r Awaranass Month, included actlvllles for Children and young people In the Unlt, as well a8 raising awareness of childhood Cancer. The Charity contlnued Its P8rtnershlp wlth Queen's University Belfast School of Nur51ng & Mldwifery to promots children's ¢anc8r nursing as 8 career palh. Thls Included the delivery of th8 Annual Student Showcase event, Student Pilze and a Travel Scholarshlp Programme whlch sent Ihree students to the Children's Centre of H8allhcare In Atlanta, USA. Fundr8lslng Wlth the recruitment of the Fundraising Manager, the Charity has seen Substanal growth in fundraising and donations, as evidenced In the accounts. As w911 as continued support from community fundralslng, we have seen Sn¢re8sed engagement wllh famllles in the Unlt and have developed a number of n8W 8nd exlstlng corporate parlnerships Including (>and Opera House Belfast, Davy Wealth Management, Aflac Northem Ireland. and Nl Scr88n. Key fundralslng events Ihroughout Ihe year include th8 Stormont Mll8 and Betfast Comedlans Boxlng Nlght at Ihe Ulster Hall. Wa hav8 also developed néw fundralsing supplles and resources. In line with the new brand guldelines, and have improved donor care plans. Research & Dovolopmenl Tho Childien's Cancer Unit Charity has been worklng alongslde Ulster Unlversfty. Queen's Unlver81ty Belfast and Universlty College Dublln, and has commiE18d to funding specific paediatrtc oncology research proJe¢ls. with a view to improving treatments and outcomes for children and young people with Canr. Pag8 4
CHILDREN'S CANCER UNIT CHARir TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 OCTOBER 2024 The Charity has advocatad on behalf of familles Ilving with childlKJod cancer in Northern Irèland, presénting lo the All-Party Group on Cancer, and meeling with ihe Department of Heallh and Health Mlnlster to improve access to clinical trials for paediatric cancer patlenls. This year we also began funding a 3-year PhD studenl lo dellv6r a research project with Ulster Untvarslty °Underslanding the psyGhosoGial needs of Adolescents and Young Adults with a cancer dlagnosls - Ireland fflixed methods stud, We have also, alongside other key stak8hoklers. engage'd with the Department of Health to develop thèir r8view of the Adolescent & Your)g Adult with Cancer seNice in Northem Ire18nd and have r8C8nlly lolnéd the newly fomied Nl Cancer Charities Coalits'on. NANCIAL REVIEW The Charlly's income for the 12 month period ending 3111 October 2024 was £1.092,003. increaslng from the previous Ilnancl81 year (£611,075 in 2023). Total resources expended of £754,180 incr8ased when compared lo the previous financial year {2023'. £470.9211, mainly due lo Ihe reslru¢luring of Ihe team, new stsff ro16s. and move lo new headquarteT8. Total net assets amounled lo £4,310,527 as of 3111 October 2024 (2023.. £3,972,704). The malorlty of funding comes from voluntsry donatlons. Reserves Pollcy The Children's Cancer Unll Chaiily's policy Is lo provlde the charity wth adequale Itnanclal stabillly and the means for It lo meet its charitable objectives for the foreseeable future. Th8 charity aims lo malniain reserves al levels eqvivalent to 9 months operallonal expenditure. Th8 organlsalion Is entlrely dependent upon flucluatlng donor funding from y88r lo year and requires protection against and the 8bSllly to conllnue despile any downturn In income. Levels ol r8seNes are currently high and until the r8seNes ar8 uIIIIs8d, funds will be Invested In a number of short lo medium lem) deposlts lo obtain a relum in the current economlc Glimat8. On maklng these Investménts, the abllity to wthdraw funds has been )nsIdered. PLANS FOR THE FUTURE Plans for the next twelve months Indude: Supportlng tho Chlldren's Can¢er Untt Th6 Chlldren's Cancer Unll Charity wlll rther enhance Its support for fam1118s and id8nllfy dev8lopmgnl opportunStles. In addltion lo the roles cuffenlly funded by the Charity, we have also commltted to fundlng 8 Benign Haemalolooy Dedlcaled Sopial Worker for the Unll, to provlde support to families living With complex blood disorders. The Charity has also committed to funding specialist wheelchairs and equipment for use as directed by the Occupational Health and Physiotherapy Team. The Charity will provide develop and deliver evenis for famifies living wlh cancer to spend quality lime log8th8r in a safe and supportive environrnenl, outside of the hospital setting. The Charity will continue lo provide Iraining and development support to the staff team within the Chlldren's Cancer Unit, to provide meeting space within our new headquarters. and lo further strengthen working relationships lo beller supp(rt kne leam's needs. Pw5
CHILDREN'S CANCER UNIT CHARITY TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 OCTOBER 2024 The Chlldr8n's Cancer Unit Charity will continue to engage with th6 Department of Health In their feviéw of their strategy for adolescents and young adults as w811 as to advocat8 for Improvements in access to cllnl¢al tTlaEs. We have also committed to funding Advanced Conwnunlcatlons Skllls Tralnlng for all heaEthcare professionals working wlth ¢hlldren and young people with cancer kn Northern Ireland, offerlng tralnlng around th8 unique communlcations issues wlth thls age group. Rftlslng Awareness The ChSldr8n's Canc8r Unil Charlty wlll launch our new website. wlth fundlng secured through the Nallonal Lot18ry Communlty Fund, and will create upda18d vldeo and photography contenl for use on tho webslte and soclal medla ch8nnet8. The Charlty wlll contlnue lo develop 8rKI d81iv8r its partnershlp wlth Queen's Unlverslty Belfast's School of Nursing and Mldwtfery, delivering a programme of events lo promot6 and enhance chlldhood cancar treatment and care In Northem Ireland. The Charlty wlll 81so partlcipate In thé Nl Cancer Charltles Coallllon. and wlll parlner with approprfat8 organ18atlons to furlher raise awareness and Inprove care for chlldren and young people wlth cancer. Famlly Support The Chlldr&n's Canc8r Unkt Charfty wlll conllnue to work ak)ng51de the SoGlal Work Team wlthin the Unit to deliver appropriate support to famllles. as well as to continue to expand the Robollcs Programme. W8 wlll al80 dellver additional f8mlly 8v8nts and partle8 to allow chlldren and young people to re18x and enjoy quality Ilm8 together In a safe space, outsid8 of the clinical environment. Fundralslng The Trustaos ar8 commmed to the development of the infrastw¢tur8 of th8 organlsatlon In tamis of staffing and have commltted to further resourclng the Fundralsing Team wth a Communlty Fundraiser lo help Increase income and allow us to diverslfy our fundraisln9 In order to ensure that The Children's Cancer Unil Charity has Ihe financial resources It needs to achleve Ils aims and objectives. Resaaroh and Development The Chlldren's Cancer Unll Charlty wlll contlnue to develop our research partnerships lo Improve trealment and outcomes for children and young people with cancer. We wlll work wilh the Palrlck G Johnston Centre for Cancor Research al Queen's Unlverslty Belfast. Ulster Unlverslty and Unlversity College Dublln to identify and develop appropriate research opportunltle8. The Trustses are commltted to iaklng an all-lsland approach to th88e partnershlps whére possible. Governance and Structuro The Charity will progress the process of Intr)rporatlon and onsure compllance with th8 Charity Commlsslon of Northern Ireland. The Trust8es will undertake a strategic revlew to ensure that W8 Can contlnue to deliver and expand our actlvltles In line with our obl8ctlv8s. We will also undertake a revlew of our govemance and deliver Irainlng lo Trustees. In settlng our objeclives and planning our activltles for the year. the Trustee5 have given careful consideration to lh8 Charlty Commission for Northem Ireland's guidance on publlc benefit to ensure that the activities have helped to achleve Ihe charity's purpos8s and provide a benefil Éo the beneficlaries. P8p6
CHILDREN'S CANCER UNIT CHARITY TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 OCTOBER 2024 Trustees, responslbllftles The trustees are responsible for preparing the Truste65' Annual Report and the financial stalements in accordance wllh appllcable law and United Klngdom Accountlng Standards {Unlted Kingdom Generally Accepted Accounllng Practlce). Th6 law applicable to charitles In Northem Ireland requires the truste85 to pr8par8 financi81 siatemenls for each financial year whlch glve a tru8 and fair vlew of the stste of affalrs of the charfty and of the In¢omlng re¥our¢es and appllcation of resources of the charity for Ihat perlod. In preparing these financial statements, the trustees are required lo: select sultable accounting pollcles and then apply them consistenty; observe the melhods and prln¢lple8 In the Chartt18s SORP 2019 {FRS 102>; make ludgements and estimates that are reasonable and prudenl; slate wheth&r applicable accounting standards have be8n followed: prepar8 the financlal ststement8 on th8 golng ¢oncem ba818 unless It Is Inappropriate to presume that the charlty will c(mtlnue In oper8tlon. The trustees are responslble for ke8ping proper accounting records that disdos8 wlth reasonabl8 accuracy at any Ilme th6 fin8nclal posltion of th8 charlty and enable Ih8m lo 8nsur6 that th8 flnanclal statements comply wSth tha Charities Act (Northern Ireland) 2008. Ihe Charities {Accounts and Reports) Regulations (Northern Ireland) 2015 and the provlslons of the trust deed. They are also r8sponslble for safeguaTdlng the a888ts of th8 charlty and hence for taklng r8asonab18 St8ps for th8 prevenllon and det8Ctlon of fraud and other Irregularltles. Dl8cIo8ur• ot Informatlon to the audltors We, the Iruste88 who hald Offi at the date of approval of these FlnancSal Siatemenls as set oul above, each confirm, so far 85 we aro aware, thal: there Is no relevant audlt Infomiatlon of whtch the company's audltors ara unavmra; and we have taken all the steps that we ought lo have taken as Iruslees In order lo make ourselves aware of any relevant audlt inlormallon and to establish that the company's audltors are aware of Ihat Infoimatlon. On behalf ol th8 board Felix Mooney, Chalmian Oate (o Pagts 7
CHILDREN'S CANCER UNIT CHARITY INDEPENDENT AUDITOR'S REPORT Oplnlon We hav8 audited the financial st8tements of ChlkJrÈn's Cancer Unit Charlty (Ihe'charllable company,) for the yaar ended 31 October 2024 which compris8 Slat8m8nt of Financial Activities. Balance Sheet, Slalemant of Cash Flows and notes lo the financial statements, including significant accounung polici8s. The financlal reporng framework that has been applied in their preparation 15 appllcable law and UnEted Kingdom Accounting Standards, including Financlal Reporting Stsndard 102 The Financial Reporting Standard appllcable In tha UK and Republic of Jrgland (United Kingdom Gen8rally Accepled Accounting Pracllce). In our oplnlon th8 financial ststements: glve a true and fair vlèw of the slate of th8 charitable company's affalrs as at 31 October 2024, and of Its Incoming re8ources and appliCatn of resources. In¢ludlng Its Income and expendllure, for the year then end8d; have been properly prepared in accordance wlth Unltéd Kingdom Generally Accepted Accountlng Practlce: and have b88n pr8pared in accordance wllh the requlreffk8nts of the Charili85 Act (Northem Ir8land) 2008. Bas18 for oplnlon We conduded our audll In accordance wlth Intsmational Standards on Audltlng (UK) (ISAS (UK)) and appllcab18 law. Our responslbilitles under thos8 standards are further described in the audllor responslblllties for the audit of the flnanclal stalemenls section of our r8POrt. We are Independent of the ¢harllabl8 company In accordanc8 With the ethlcal requlrements that are r818vant to our audlt ofthe flnanclal ststements In the UK, Including the FRC'S Ethlcal Standard, and we have fullllled our other elhlcal r8spon8lbllllles In accordance wlth these requirements. We believe that th8 audit evldenco we have oblalned Is sufflcient and approprlate lo provide a basls for our opinion. Concluslons relatlng to golng concern In audlllng th8 flnanclal statements, we have concluded thal the tru8tee$' use of the golng concem basls of accounting In the preparatlon of the financial statements Is approprlate. Based on the work w8 have performed, we have rh)t Identified any material un¢8rt8lnt18s r8lating to av8nts or condltlon$ th8t, Indlvldually or colle¢liv8ly, m8y cast slgnlficant doubt on the ¢harltable company's abllily to contlnue as a going concern for a perlod of al least twelve months from when the financlal statements ar aulhorlsed for issue. Our r8sponsibllllles and th8 fespon8lbllStles of the trustees with respect to golng conc8rn 8r6 descrlbed In the relevant sectlons of thls report. Other Inforniatlon The other Informatlon cornprises th8 infoimatlon Miduded In the twstees, annual report2, other than the flnanclal stat8menls and our audltovs report thereon. The Iru5tees ara r8sponslble for the other Informatlon. Our oplnlon on the flnanclal stat8ments dogs not cover the other Informatlon and we do not express any fomi of assurance conclusion Iher80n. Our responslbility is lo r8ad the other Infomiation and. In dolng so, conslder whether fhe other Informallon Is materially inconsistent wlth the financial statements or our knowledge obt8ined In Ihe couise of Ihe audit or otherwlse appears to be matarially misslat8d. If we identify such material inconsi51encies or apparent materlal mlsstalements, we are required to delermine whetherthls gives ris8 to a rnat8rial misstatemenl In the flnancial statements th8mselv8s. If. based on the work we have performed, we ¢onclud8 that ther8 Is a materlal mlsstatement of Ihls other information, we are required to report that fact. We have nothlng to report In thls regard.
CHILDREN'S CANCER UNIT CHARITY INDEPENDENT AUDITOR'S REPORT Matters on whlch we are requlred to report by exceptlon W6 have nothing to report In respect of the following matters In relation to which thè Ch8riti8s (Accounts and Reports) Regulatlons (Northern Ireland) 2015 roquire us lo report to you if, in our opinion.. the Informatlon glven In the trusts8s' report Is Inconslstent In any material respect wSth th8 flnand81 statements. or sufficient accounting rerdS have not been kept. or lh8 financial slatements aro nol In agreement with the accounllng records: or we have not received all the infonnatbn and explanations we requlra for our audlL Re5pon¥lbllltles of trustees As 8xplalned more fully In the trustees, responsibilitles statement set out on page slx. the tru8t8es are r8sponsible for Ihe preparatlon of the flnanclal stalements and for belng 8atlsfl8d that they glve a true and falr view, and forsuch Internal control as the trustees dalermine is necessary to enable the preparation of financlal stat8m8nts that are free from material mlsstalement, whether du8 to fraud or error. In preparlng the flnanclal statements, the trustees ar8 responslbla for assessing the charltable company's ablllly to continue as a going conc8rn, discloslng, as appliGable. matters related lo going concern and using the golng ¢onc6rn basis of accountlng unless the trust&es 8ilher Sntènd to Ilquldate the charltable ¢ompany or to cease operatlons. or have no reallstlc alt8rn811v8 but lo do so. Audltor re8ponslbllltl6$ for the audlt of the financlal statompnl8 We have been appolnled as audltor under sectlon 65(2) of th8 Charlti8s Act (Northarn Ir8land) 2008 and report In accordance wlth the Act arKJ r&E8vant regulatlons made or havlng 6ffect thereunder. Our objectives are to obtaln reasonable assurance about wh81her the ftnan¢lal stalém8nts as 8 whole are free from materlal mlsststemenl. whether du6 to fraud or error, and to Issue an auditor's report that includ8s our oplnion. Reasonable assurance is 8 high level of assurance, but Is not a guarantee that an audll condu¢ted In a¢cordanc8 With ISAS (UK) wlll always detect a material misstatem8nt when it 8xlsls, Mlsslatements can arlse from fraud or error and are consld8r8d mat81ial If. Indlvldually or In the aggreg8t&, they could reasonably be expected lo Infflu8nce the economlc decislons of users taken on the basi5 of these flnanclal statements, A further descrlptlon of our responslbllltles Is available on th8 FRC'S webslte at: https'.1lw.frc,Qrg.uk1audIIDrsIaVdIt-assUranee1audlt0r -s-r8sponslbi1Sties-for-the-audit-of-the-fild@8crlptlon- of- thg-audStor%E2Vo800k998-responsibllltle8-for. Thls description forms part of our auditorfs report. Explanatlon 8s lo what extent the audit was consldered capable of detecllng Irr6gu18rlll8s, Including fraud Irregularltles, includlng fraud. are Instances of non-compliance with laws and regulatlons. We design procèdures In Iln8 wlth our responsibllitie5, oulllned above. to detect materlal misstatements In respect of irregu18rllies, Including fraud. Owlng to the inherent limltatlons of an audit there Is an unavoldable rlsk that material mlsstatemant in the financlal statements m8y not be detscted, even though the audit is properly planned and performed in accordance wllh ISA'S (UK), The extent to whlch our procedures are capable of detecting irregularllies. Includlng fraud Is detailed below: Basod on our understanding of the company and Industry, we Idontffled that the prlncipal rlsks of non- oompllan¢o with laws and regulatlons related to compliance with Employment Law, Environmental Regulation8 and H68llh & Safety Laws. and we conslderod the extent to whl¢h non-complianc8 might have a matorial effect on the financial statements. We al80 considered those laws and regulatSons that have 8 direct impact on the preparation of the financial statements such as Companie8 act 2006 and applicable tax laws. The Audit engagement partner considered the experience and 8xperlise of the engagement team to ensur8 that the team has appropriate competence and G8pabiliti8S to identify or PaJe 9
CHILDREN'S CANCER UNIT CHARrrY INDEPENDENT AUDITOR'S REPORT recognise non-compllance wlth the laws and regulatlon. We evaluated manag&ment's incantiV8s and opportunilles for fraudulent manipulation of the financlal statements (includin9 the risk of overrlde of controls) and determined that the princlpal rlsks were r61ated to posting inappropriale Journal entries lo manipulate financ181 performance and management bias through judgements and assumptions in significant accounting estimates. In particular in Telatlon to significant one-off or unusual transacllons. We apply professional s¢eptlclsm Ihroughout the audit to conslder potentlal d81iberate omission or concealment ol slgnificant transactions, or incompletellnaccurate disclosures in the financlal st2lem6nts. In response to these princlpal rlsks. our audit procedures Included but were not limlted to: Enqulry of management on the pollci8s and procedures in place regardlng compliance wlth laws and regulatlons, Includlng consideratlon of known or suspected Instances of non-compllance and wh8ther they have knowledgo of any actual, susp8ct8d or alleged fraud,, Inspectlon of the company's regulatory and legal correspondence and revlew of mlnutes of dlrector's m88tlngs durlng th8 yéar; Galnlng and und8rstandlng of the internal controls establlshed lo mitigate rlsk related lo fraud., Dlscussion amongst the 8ngagem8nt laam In relalion to the identifled laws and regulations and regardlng the risk offraud, and remainlng alert to any indications of non-complianc8 or opportunltl&s for fraudulent manlpulatlon of the financlal statements throughout the audlt; Identlfylng and testing journal entries to address Ihe risk of Inapproprlate journa18 and management override of controls; Deslgnlng audlt procedures to In¢orporat8 unpredictability around the nature, tlmlng or extent of our tesllng: Challenging assumptlons and Judgements made by managemenl In their significant 8ccounting estlmates, Includlng estimallng useful lives of tangible fixed assets, and allowance for the impalrment of old or obsolete stock; and Revlew of the financlal stat8m8nt dlsclosures to underlyliig supportlng documentatlon and 8nquirle8 of management. The prlmary responsiblllty for the prevenllon and detecljon of Irreguledlies Includlng fraud r8Sts wlth th080 Gharg6d wllh gov8rnanc• and management. As wllh any audlt, there rernalns a risk of non-d81ectlon or irregularlt188. as these may Involve collusion, forgery, intentional omlssions, misrapresentallons or ov&rrlde of Internal controls. As part of an audlt In accordance wllh ISAS (UK). we exerclse Professional judgment and malntaln professlonal sc8ptlcism throughout the audll. We also-. Identify and assess the rlsks of materlal ml8slatemenl of Ihe financlal slatements. wheth6r due to ffaud or error, design and p8rform audit procedures responsive lo those rfsks, and obtaln audit 6vidence that is sufflclent and approprlate lo provide a ba8 for our oplnion. Thé risk of not detecting a matorlal mlsstatement resulting from fraud is higher than for ono r&sulllng from error, as fraud may Involve colluslon, forgery, intentlonal offlisslons. mlsrepresentatlons, or the overrlde of intemal ¢onlrol. Obtain an understsnding of Inlernal control relevant to the audit In order to deslgn audit procedur88 Ihat ar8 appropriate in th8 clrcumstances. bui not for the purpose of 8xpr8sslng an oplnlon on th8 effectlveness of the Intemal control. Evaluate tha approprlateness of a¢untIng policies used and the reasonableness of accounting eslimates and related dlsdosuros mad8 by the dlTectoTs. Conclude on the appropriateness of the dlreGtors use of the going Gonc8m basls of accountlng and, based on the audlt evidence obtained. whether a Material uncertainty exlsts r8lated lo events or conditions that may cast significant doubt on the company's ability to continue as a golng concern. If we conclude that 8 material uncertalnty eSts, we are required to draw attention in our audilorfs report to the related dlsclosures In thè Ilnancial statements or, if such dlsclosures aro Inadequale, to modify our opinion. Our conclusions are based on the audlt evldence obtained up to the da18 of our auditofs report. However. fulure 8V8nis or conditions may cause the company to cease to contlnue as a golng concem. Page 10
CHILDREN'S CANCER UNIT CHARITY INDEPENDENT AUDITOR'S REPORT Evaluate the overall prÈs8ntallon, structure and content of the financial statements, Includlng the dlsdosures, and whether the financlal stalement8 represent thè underlying transactions and ev8nts in a manner that achieves lalr presentalion. We communi¢ala with those charged with governance regarding. among other matters, the planned scope and Ilmlng of thé audlt and slgnificanl audit findings, including any significant deficiencies in internal control that we Idenli(y during our audit, Use of our report This report Is made solely to the charitable company's trustees, as 8 body, In accordan with Part 4 of (he Charitles (Accounts and Reports) Regulatlons (Northam Ireland) 2015, Our audit work has been undertaken so that we might slate lo the charitable company's trustees those matters we ara r8quir6d lo stale lo theni in all 8uditor'8 report and for no other purpose. To the fullest extent permllted by law, we do not accept or assume responslbllity lo anyone other than the charitable company and the charitablè company's truste88 as 8 body, for our audlt work, for thls report, or for the oplnlonB we have formed, 101912025 Keith Wi Statutory Audilor) For and behalf of McGulre+ Fafry Llmiled Chartered Cerlifled Accountanls and Statutory Audltors Emerson Hou86 Carryduff Belfast BT8 8DN
CHILDREN'S CANCER UNIT CHARITY STATEMENT OF FINANCIAL ACTIVITIES (Including tho Income and Expendlturo Account) FOR THE YEAR ENDED 31 OCTOBER 2024 2024 2023 Total Totsl Incomè from: Donatlons and18gades Other tr8dlng acllvlties Other Total Income 654,782 654,782 548,573 17.837 672,619 17,837 072.619 18.774 567,347 Expendlture on: Ralslng funds Charlt8ble actlvllles Total expendlture 69,128 685,052 754,180 69,128 685.052 754,180 50,140 420,781 470,921 Net galn on r8V8lu8tlon of Snvestmenls Nel Income 11 419,384 419,384 43,728 337,823 337,823 140,154 Transfers between fund$ Not movom6nt In funds 337,823 337,823 140,154 Reconelllatlon of fund$. Total funds broughl forward Totsl funds carrled forward 3.972,704 4,310,527 3,972,704 4.310,527 3,832.550 3,972,704 All Income and expendllure derive from continuSng aclivi1188. The statemenl of flnanci81 activltles Indudes all galn8 and lossas racognlsed durlng tha y8ar. Page 12
CHILDREN'S CANCER UNIT CHARITY BALANCE SHEET FOR THE YEAR ENDED 31 OCTOBER 2024 2024 2023 Flxed assets Tanglble assets Investments 10 11 1,790 4,014,450 2.237 3,591,177 4.016,240 3,593,414 Curront assèts Debtois Cash at bank and In hand 5,491 393,788 5,491 393,131 399,279 398,622 Credllors: amounts falllng due wlthln one year 12 104,992 19,332 Net current a88Ot8 294,287 379,290 Total as8ot$ less currnnt118bllltSes 4,310,527 3,972,704 Charlty Funds Unrestricted funds - General Fund8 13 4,310,527 3.972.704 Th8 financlal statements were approved and authorfsed for Issue by the Board on Signed on behalf ol Ihe b ard of trustees Slgnature Nam&, Trustee F.L L. ) ¥ Date The notes on pages 16 lo 21 fom part of these financial slatements. Pagè 13
CHILDREN'S CANCER UNIT CHARITY STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 OCTOBER 2024 2024 2023 Cash flow frorn operatlng actlvltles Net incomel(loss) for th8 reporting period 337,823 140,154 Adlu8tmentB for; Deprecialion charges Inlerest rec8Ned Dlvldends and Interest from Investments Nel galn from r&valuatlon of Investmenls 447 {3,778) (14,059> (419,384) 559 (12,881) (5,893) (43,728} Changès In.. D8btors Credltors Cash g8n8raled from operatlons 28,728 28,441 78,498 85,660 (13,291) Interest r8c8lved Nét cash from operating actlvi1188 3,778 9,513 12,881 91,379 Cash flow from Invesllng actlvltles Payments to acquire Investments Salo of Investment secur5tles Dlvldends, Interesl and r6nt8 fiom investments Nel cash flow from Invè811ng actlvltles (1,291.686) 1,287,797 14,059 10.170 (3.184,148) 947.468 5,893 2,230.787 Nèt Incr•a8e l (docr8ase} In ¢a8h and eash equlv8lents 657 (2,139,408) Cash and cash oqulvalants at tho boglnnlng of tho year 393.131 2,532,539 Cash and cash equlvalenls at the end of tho y•ar 393.788 393,131 Cash and cash oqufvalonts ¢onslsts of: Ca8h at bank and In hand Cash fund In Inv8Stment portfolio 382,969 10,819 373,918 19,213 Cash and caBh oquivalent8 al the end of the year 393,788 393.131 Pago 14
CHILDREN'S CANCER UNIT CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 Summary ol slgnlflcant accountlng pollcles (a) General Inforniatlon and basls of preparatlon Childr8n's Cancer Unlt Charrty is a charlty organlsation reglstered in Northern Ireland. Tho address of Ihe r8gistered office18 given in th8 charity Infom)ation on page 1 of thes8 financial statements. The charity constilules a public benefit enlity as defined by FRS 102. The financial ststements have been prepared in accordance with Accounting and Reporting by Charftles: Statement of R8commend6d Practice appli¢able to charilies preparing their accounts in accordance with the Flnancial Reporting Standard applicable In lh8 UK and Republlc of Ireland issued in October 2019. the Flnancial Reporting Standard applicable In the Unlted Klngdom and Republlc of Iroland (FRS 102),the Charltlas Acl (Northern Ireland) 2022. and UK Gen8rally Accepted Accounting PracllGe. The financial Statements ar8 prepar8d on a going concern b88is under the historical cost convention, modm8d to Includ8 certaln It8ms al fair value. Tho flnanclal statements 8r8 presented In Sterling which Is the functional currency of Ihe charlty and rounded to the nearost £. The significant accountlng policies apFlied in the preparation of Ihese financial statsm8nls are set out below. These pollcles have consistently applled to all years presented unless olheTwise slated. (b) Fund8 Unr8Stric18d fundB are avallabl8 for use at the dl8cratlon of the truste88 in furtherance of the general obleclives of th8 Gharlty and whlch have not been d8slgnated for other purposes. D881gnated fvjnds ¢omprls8 unrestTbcted funds that have been Set a8lde by the ITus188s for particular purposes. The alm and use of each designated fund Is sel out In the notes to lh8 financial stat8ment8. Restrlcted funds ar8 funds whkh are to be used In aCrdanCe wlth spe¢lfi¢ restrlctlons Imposed by donors or wh5ch h8v8 been ralse(J by th8 charity for partl¢ular purposes. The cost of raising and admlnistorlng such funds are charged againsl th8 SP8clfic fund. Th8 alm and use of each restrlcted fund Is set out In th8 notes to the financial statements. (c) Incom• recognlllon All Incoming resources are Included In the Statement of Flnancial Acflvltl89 (SOFA) when the charlty18 legally entltled lo th8 Income after any perfonnance condltlons have been mel, Ihe amount can be measured rellably and It Is probable thal th8 Income wlll be reCeed. For donatlons to be re¢ognlsed the chariiy will have been nolifted of the amounts and the settlement dale In wrillng. If there are condllions attached to Ihe donalion and this requires a level of performance before enlitlement can be oblained then Inwme Is deferred unlll those conditions ar8 fully met or the fulfllment of those condlllons Is wlthln the control of the charlty 8nd11 Is probable that they wlll be fulfllled. No amount Is Included in the financi81 statements for volunteer tlme In fine wllh tha SORP. Further detall Is glven in the Twste8s' Annual Report. Inveslmenl Income Is eamed through holding assets for Investrnent purposes such as shares and property. It includes dividends, interest and rent. Where it Is not practicable to identlfy Investment management Costs incurred wilhin a scheme with reasonable accuracy the investment Income Is reported net of these Costs. It is included whan th8 amount can be measured reliably. Interest Income Is recognls8d using the effective interest method and dlvidend and rent in¢om8 Is recognised as th9 charity's right to receive payment is esiablish8d. Page 15
CHILDREN'S CANCER UN CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 (d) Expendltura recognltlon All 8xpenditure is eccounled for on an accru81s basls and has been class1fl8d undei headlngs that aggr6gata all costs relatèd to the catggw. Expenditure is recognk8ed where Iher8 is a legal or con5truclSve obllgauon to make payments to third parties, it is probable that the settlement will be r8qulr8d and the amount of the obligauon can be measured rallably. It Is categorlsed under Iho followlng headings: Costs of raising funds Indudes of costs Incurred In attracllng voluntary Income. and thosè Incurr8d In tradlng activities that ralse funds-. Exp8nditure on ch8rflable activllles comprises the Sts of dellverlng servlce8 Ihe communlty, together wilh supports costs incurred centrally and govèmance costs assoclated wilh the govemance arrangements of the charlty whlch are primarily a$soated wlth conslilullonal and statutory fequirements. other expenditure represènts those items not falling into the calegorfes above. Irr6coverabl8 VAT Is charged as an 8xp8ns8 agalnst the 8Ctlvlty for vthlch exp8nditure ar05e. All costs are allocated belween the gxpenditure ¢ategorl8s of the SOFA on a basis dasigned to reflect the use of the resourc8. (e) Tanglble fixed a•s8ts Tanglble llx8d assets are slated al Cost {or deemed cost) or valuatlon less accumulated depr8clallon and accumulaled Impalmient losses. Cost Includes costs dlr8clly attrulable to maklng the asset capable of operatlng as Intended. Depreciallon is provlded on all langlble flx8d assets. at rates calculated to wrlte off the cost, le8$ estlmated resldual value, of each 88sel on a sysl8malic basis over ils expected useful life as follows: Furniture end Flttlngs Equlpment 20'A Reducing balance 20% Reduclng balance lfj Inve8tm8nls Investments are reeognised Inltially al falr vahje whlch 18 nomially the Iransactlon prtce 8x¢luding transactlon costs. Subsequently. they are measured at falr value wilh changes recognised in 'net galns l (losses) on Investments, in the SOFA if the shares are publlcly traded or thelr falr value ¢8n othe18e b8 measured rellably. Olher Inve5tm8nts are measured at Cost less Impalrment. Current asset Investmenls are short term hlghly Ilqukl Investments and are held at falr value. These Include cash on deposlt and cash equivalenls wilh a maturity of less than one year. (g} Debtors and credltors recelvable I payable wlthln one year Debtors and creditors wllh no s1818d Kiterosl ral8 and r8C81vable or payable wlthln one year ar8 recorded al transaction pri¢8. Any losses 8rlsSng from impalrment 8r8 recognised in expgndlture. (h) Impalmient Assets not measured at fair value are revievd for any Indication Ihat the asset may be impaired at each balance sheet da18. If such indicatlon exists, the recoverable amount of th8 asset, or the asset's cash generating unit, Is estimated and compared to the carrying amount. Where tha carrying amount exceeds its recoverable amount. an impairment loss Is recognised in profil or loss unloss tho asset is carried at a revalued amounl where the impaimienl loss Is a revaluation decreas8. Pago 16
CHILDREN'S CANCER UNIT CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 (l) Fund accountlng The Twst has various types ol funds for whlch It Is responslb18, and whlch roqulre separaia disclosure. Theso are as follows,. Restrlct8d funds Grants or donatlons received whlch are designated by the donor for speclftc purposes. Suth purposes are within the overall aim of the chartty. Unrestricted fund5- General funds Funds whlch are expandable at the dlscrellon of the charty In the turtheranc8 of the oblectlves of the charlty. Unrestrictod fvnds - Designated funds Funds which have been sat aside by the tharfty to act as a wntlngency to ensure fhe coniinulty of 5eNlce. Designated fund8 conllnue to count as part of th8 unre$lrfded funds of Ihe Charlty. U) Laas85 The charlty cla5Stfies the lease of premises as an operatlng lease. The Illle lo Ihe premises remalns wlth the lessor. Renlal charges are charged to lh8 Statement of finandal acllvltles on a stralght line basls OV8r the temi of the le8se. (k) Employ•a beneflls When employees have rend8red servic8 to tho charity, 8hort-18rm employee beneflts to whlch the employees are 8ntilled are recogn18ed at the undlscount8d amount expected to be p81d In exchange for that servlGe. The charlty operat88 a deflned contrlbullon plan for the benefit of 5ts employees. Contrlbutlons are expensed as they b8com8 payable. {1) Tax As a charity, the Tw3t b not liable to elther incA>me tax or corporatlon lax. {m) Golng concern Th8 flnanclal statements have been prepar8d on a golng concorn basls as the trustees belleve that no m8terlal uncertainties exist. The trustees have consldered the level of funds held and the expeGted level of incoffle and expendilure for 12 months from authorlslng these financlal statements. (n) Judgemenls and key sources of ostlmatlon un¢ertalnty The following ludgements (apart from those Involving estimates) have been made In the process of applylng the above accounting poll¢les that have had tho most slgnlficent effact on amounts recognised In the financlal statem8nts'. Detemilne whethtr there are indlcators of impairment of the company's tanglble assets. Factors taken inlo consideration in reachlng such a dèclslon Include thé economic vlability and expected future financlal perfomiance of the asyet and the business In general. The directors also conslder the depreciation rates on an annual basls to 8nsure there is sufficient evidence lo support these and that th8 estimates remain reasonable. Page 17
CHILDREN'S CANCER UNIT CHARir NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 Oth6r Income 2024 2023 Bank Interest recelvad Dlvldends and Interest from Investments 3,778 14,059 17.837 12.881 5,893 18,774 The tolal amount was attrlbutable to unrestrlct8d funds both In 2024 and 2023. Expandllures IlnT•strld•d R&8Ct•d Totsl Funds Total Funds Fund FufidA 2024 2024 2024 2023 Ralslng Fund8 PR and Marketing Flnance SeNlce charges 49,449 19,679 69,128 49.449 19.679 69,128 48.978 1,162 50,140 Charltablo actlvltle8 Support Costs (Nole 4) CHU - staff c08ts Fam55y and chlldren support Project and p8rtnershlp costs CHU - conferen¢8 and training c08ts 265,109 256.753 78,485 78.283 6.422 685,082 265,109 256,753 78.485 78.283 6.422 685,082 180,706 78,802 74,991 68.520 17,762 420,781 Allo¢atlon of 8UPPOrt cos18 Unr••¢rtct•d Fund• R•Set*d Tolal Funds Total Funds Fund• 2024 2024 2024 2023 Support ¢Qgt8 Staff cost5 Office costs (Incl. rentsl) Governance costs (Note 5) Travel expenses Insurance D8preclatlon Bank charges Hospitalty Other Total 128.062 69,550 62,359 2.189 2,321 447 181 128,062 69,550 62,359 2,189 2.321 447 181 86,611 53,666 34,846 1.504 2.936 559 199 170 215 180,706 265,109 265.109 Pa9b18
CHILDREN'S CANCER UNIT CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 Govemance costs 2024 2023 Audlt and accountancy services Professlonal and lagal fe8S 13,600 48,759 17,520 17,326 34.846 Nèl Incomol (oxpendlturo) for the year Nel Income l (expendlture) Is stst8d after charglng l (Lyedlling). 2024 2023 Depreclalion of tanglble Ilx8d assets Operating lease rentals Profit on fair value movement of Investments 559 18,040 43.728 20,020 419,384 Audllof s remuneratlon The 8uditorfs remuneratlon amounts lo an audlt fee of £3,000 (2023.. £3,000) and 0th8r servlces of £nil 12023.. £480). Tru¥toe¥' and key management personnol remunoratlon and expenses The trustees nelther recelved nor walved any remuneratlon durlng the year (2023: £NII). The total amount of employee ben6flts received by kay manag8m8nt P8rsonnèl Is £56,64012023,. £46,951). The Trust conslders Its key management P8rsonn81 comprise those Indivlduals who have the authority and responsiblllty for pl8nning, dlTecting, and controlllng Ihe activllles of the Trust. Thls typlcally Includ8s m8mbers of th8 Board of Trustees, the Ex8cutlv8 Dlreclor, 8nd 0th8r $8nlor managernenl rd8s. No Irustees are accrulng penston arrangements In 2024 (2023.. Nil). The trustee8 dld not have any expenses r8imbursed during tho y8ar (2023 - £NII). Staff costs and employee beneflts The average morbthly numbér of employees and full tlme equivalent {FTE) during the year was a$ follows: 2024 Number 2024 FTE 2023 Number 2023 FTE Gov8m8nce Page 19
CHILDREN'S CANCER UNIT CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 Th8 total staff costs and employe8 benafits wera as follows: 2024 2023 Wages and salaries Social security Other p8nsion costs 108.535 12.566 6,961 128,062 83,225 1,075 2.311 86,611 No employees rec8ived total employee bgnefits (exdudlng 8mployer pen8lon costs) of mor8 than £60,000. 10 Tangible flxod assets Equlpmènt Furnllurn and Flttlngs Total Cost or valuatlon: At 1 Novembar 2023 Additions Dlsposal8 Al 31 October 2024 7,220 72,633 79,853 7.220 72.633 79,853 D8pr8clation: At 1 November 2023 Charge for the year Al 31 October 2024 6,278 188 8,466 71,338 259 71,597 77,616 447 78,063 Net book value- Al 31 October 2024 754 1,036 1,790 At 31 October 2023 942 1,295 2,237 11 Flxad asset Investments Total Cost or valuatlon At 1 Novembar 2023 Additions Dlsposals Revaluation At 31 O¢lob8r 2024 3.591,177 1.291,686 1,287.797 419.384 4,014.450 The fair valu8 of Ilsted investments is deiermlned by referen to the quoled prlce for Identlcal assets In an activa market al the balance sheet date. Pag? 20
CHILDREN'S CANCER UNIT CHARITY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024 12 Cr•dltors: amounts falllng duè wlthln one year 2024 2023 Trade credltors Other tax and soclal Serity Accruals 95,992 15,660 673 2,999 9,000 104.992 19,332 13 Analys18 of nèl as88ts between funds Unraslrw R•strt¢l•d tund ftJnd8 Total 2024 2024 2024 Flxed asset8 Current assets Credltor8 less than one year 4,016,240 399,279 104,992 4.016,240 399,279 104,992 Total 4.310,527 4,310,527 lthreatsklod Re8blctsdfvnd Total 2023 2023 2023 Flxed assets Current 8ssels Credltors less than one year 3.593,414 398.622 19,322 3.593,414 398,622 19,322 Totsl 3,972,704 3.972,704 14 Pèn8lon8 8¢hemo Defined conlrfbution penston plans The charlty operates a defined contrlbutlon penslon plan for Its employee5. The amount racognls8d as 8n expense in lh8 period was £6.961 {2023: £2,311). Th8 defin8d conlrlbution Ilability is allocated to unr8Stricted funds. 15 Rolalod party tran$acllon8 There are no related paty transactions durlng th8 pariod. In 2023. Mr. Dr8w Wilkinson was a memb8r of the Trustee Committee and Is also a director In Mallz Consuttlng Ltd. and £14,400 was paid by the Chlldron's Cancer Unit Charfty to Maliz Consulting Ltd. for accounts preparation s&rvices. There was £1,200 outstanding to Maliz Consultlng Ltd. as at the prior year. 16 Comparatlvo flgures Some Gomparative figures in the Statement of cash flows and Note 3 Charitable activities have been changed for presentation purposes only. The changes have had no effect In the not income. Pag8 21