Company number: N1654500 Charity number: NIC103788 Hive Cancer Support (Company Ilmlted by guarantee) Dlrectors, report and financial statoments for the year end¢d 31 March 2023
Hive Cancer Support Company limited by guarantee Contents Page Legal and administrative inforniation Directors, report Independent Examinerfs report Statement of Financial Activities Balance shc¢t Notes to the financial statements 8-14
Hive Cancer Support Company limited by guarantee Company lllformation Dlrectors George McGowan Clare Cregan Margaret Gallagher Donna Mccloskey Linda McKinney Claire Mccauley ( Appointed 1210412023) Elaine Mcconnick (Appointed 1010412023) Company numbor N1654500 Charity number NIC 103788 Registcred office 128 Lecky Road Brandywell Derry BT48 6NP Accountants M¢Groarty Mccafferty & Company Ltd Accountants & Tax Consultants 2 Carlislc Terrace Derry BT48 6JX Bankers AIB (NI) Meadowbank Strand Road Derry BT48 7TN Page I
Hive Cancer Support Company limited by guarantee Directors, report for the year ended 31 March 2023 The directors present tlieir report and the audited financial statements for the year ended 31 March 2023. Our objectives and activltles Pur ose and aims Tlie primary objective of Hive Cancer Support is to provide support to those who have been affcctcd by cancer. How our charity activities deliver publlc bencflt The public benefits which flow from our Cliaritable activites are as follows: the improveineiit of the lives ofpeople who have been alYe¢ted directly or indirectly by cancer. the proinotion of early detcction and advice on cancer prevention methods to help save lives. tlie provision of a welcome drop in and safe space where people can come for iinmediate support and advicc without liaviiig to wait unlil tlieir next medical appointment. the improvcment ofinental. pliysical and emotional outcomes for cancer sufferers and their fainili¢s/car¢rs. the enablement of individualslfainilies to Connect with their communities and eacli other, leam and sliare new skills aiid experiences and Inake Choices that suit their own lives. Name change The Cliarity chaiiged name froin The Pink Ladies Cancer Support Group to Hive Cancer Support on 13th June 2023. Financial review Tlie financial perfoman¢e is 5ummarised in the enclosed a¢¢ountS. Structure? governance und management Tlie company is governed and Inanaged by the board of directors. The directors who served tl)e company during thc financial year are shown on pllge l. Recruitment and ointment of mana ement committee The directors of the company are also charity trustees for the purposes of Charity Law. Under the requirements of the Meinorandum and Articles of Association directors are elected at an Annual General Meeting from amongst tliose persons nominated by the Ordinary Members. The directors have th¢ power at any tiine to appoint any person to be a director, eitlier to fill a casual vacancy or &$ an addition to the existing directors. Any director so appointed serves only until the next Annual General Meeting at which directors are to be elected and are then eligible for re-election. A retiring director is eligible for re-election. Page 2
Hive Cancer Support Company limited by guarantee Directors, report for the year ended 31 March 2023 continued Reserves Pollc Tlie Board of Directors lias examined the charity's requirements for reserves in light of the main risks to the organisalion. It has established a policy wliereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity sliould be at least 6 months of core costs.The reserves are needed to meet the working capital requireinents of the charity and the directors are confident that at this level they would bc able to continue the current activities of the charity in the event of a significant drop in funding. The present level of unrestrictcd reserves available to the cliarity is £41,972 and the board are confident of achieving their target in the next year.Thc board are satisfied tliat tlie current reserves held are adequate and will continuc to Inonitor aiid review tlie funds hcld to cnsure tliat the existing and future charitable activities of tlie or&iaiiisation can be funded from its resources. Directors Responsibilities In Relatlon To The FlnAnclal Statements Coinpany law requires the directors to prepare financial statements for each financial year whicli give a true and fair view of tlie state of the affairs of tlie cliaritable company and of the profit or loss of the charity company for that ycar. In preparing Ihcse the directors are required to: select Suitable accounting policies and apply them consistently. Inake judgemenls and estiniates tliat are reasonable and prudent: observe metliods and principles in tlie charities SORP 2019 (FRS 102). state whetlier applicable UK Accounting Standards havc been followcd, subject to any material dcpartures disclosed and explained in th¢ finan¢ial stateineiits; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the compaiiy will continue in business. The directors are respoiisible for keeping proper accounting records which disclose witli reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial stateinents comply witli tlie Companies Act 2006. They are also responsible for safeguarding the assets of ilie company and lience for takiiig reasonablc steps for the prevention and detection of fraud and other irregularities. The report is prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to sinall Goillpanies aiid in accordance with SORP 2019 (FRSI 02). Indepcndent ExAminer A resolutioii will be proposed at the Annual General Meeting that McGroarty Mccafferty & Coinpany Ltd be reappointed as indepeiid¢nt examiners for the ensuing year. The financial statements were approved and authoiised for issue by the board on 27 October 2023 and signed on its behalf by. Ic nno Director Coo Director LiiuI)tq t)ENSts4 cLc)5 Page 3
Hive Cancer Support Company limited by guarantee Independent exaniiner's report on the unaudited financial statements to tbc directors or The Pink Ladies Callcor Support Group We report on the accounts of the company for tlie year ended 31 March 2023, which are set out on pages 5 14. Respectlve rosponsibilities of charity directors and oxaminer. As the charity directors you are responsiblc for the preparation of the accounts in accordance with the requirements of tlic Companies Act 2006. Having satisfied ourselves that the charity is not subject to audit under conipany law, and is eligible for independent examinalion, it is our responsibility to; cxaminc tlie accounts under section 65 of the Charities Act 2008. follow the procedures laid down in the general directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of ilie Cliarities Act 2008. state whetlier particular Inatters have ¢ome to our attention. BASIS of indepcndent examiner's report We liave exaIniIied your charity accounts as required uiider section 65 of the Charities Act and our examination was carried out in accordance with tlie general directions given by the Charity Cominission for Northern Irelaiid under Section 65(9)(b) of the Charities Act. The examination included a review of the accounling records kept by the charity and a comparison of the accounts presented with tliose records. It also iiicluded a considcration of any unusual items or disclosures in the accounts, and seeking explanations from you as cliarity directors concerniiig any such matters. Our role is to state whetlJ¢r any material matters have come to our attention giving us cause to believe: tl)at accouiitiiig records were not kept in accordance witli section 386 of tlie Companies Act 2006; that ilie accounts do not accord with those accounting records; tliat the accounls do not comply witli the accounting requircments of the Section 396 of the Coirjpanies Act 2006 and the metliods and principles of the Charities Statement of Recommended Practice applicable to charitics preparing their accounts in accordance with the financial Reporting Standard applicable in the UK and Republic of Ireland. Ihat tliere is furtlier inforination needed for proper understanding. Independent examiner's statement We can confirni we are qualified to undertakc the examination and are regulated aiid a member of Chartered Accountants Ireland, wliicli is one of the listed bodies. We liave completed our examination and have no concems in respect of the matters listed above and, in coiinection with the following directions of tlle Cliarity Commission for Nortliem Ireland, we have found no Inatters tliat require drawing to your attention. McGroarty, Mccafferty & Company Ltd Accountants & Tax Consultanls 2 Carllsle Terrace BT48 6JX Date. 27 October 2023 Page 4
Hive Cancer Support Company limited by guarantee Statement of Financial Activities for the year endod 31 March 2023 Total Funds 2023 Total Funds 2022 Unrestricted Funds Restrlcted Funds In¢om¢ and Expenditure Incomlng Rcsourees Voluntary Income 7,023 277,666 284,689 220,300 Total Incomlng Resourcos 7,023 277,666 284,689 220,300 Rc50urces Expended Direct Cliaritable Eipenditure Total Resources Expcndcd 3,107 278,731 281,838 210,701 3,107 278,731 281,838 210,701 Net Incoming l (Outgoing) Resources 10 3,916 (1,065) 2,851 9,599 Balances brought forward 38,056 8,866 46,922 37,323 Balances carried forward 31 March 2023 41,972 7,801 49,773 46,922 The above amounts relate to continuing operations of the charity. Tlie charity has no recognised gains and losses other tlian those included in the results above and therefore no separate statement of total recognised gains and losses has been presented. There is no difference between the net incoming resources for the year stated above and their historical cost equivalents. Page 5
Hive Cancer Support Company limited by guarantee Balance sheet as at 31 March 2023 2023 2022 Notes Fixed assets Tangible assets Current a55ets Debtors Cash at bank and in Iiand 3,318 5,525 7,849 228,932 17,934 131.274 236,781 149,208 Credltors: amounts falling due wlthln one year (190,326) (107,811) Net current assets 46,455 41,397 Total assets less current liabilities 49,773 46,922 Nel assets 49,773 46,922 Funds Rcslricted Uiirestricted 10 7801 41,972 8,866 38,056 49,773 46,922 The notes on pages 9 to 14 form an integral part of these financial statements. Page 6
Hive Cancer Support Company limited by guarantee Balance sheet (continued) In approving these financial statements as directors of the company we hereby confirni: The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to sinall coinpanies. The meinbers liave not required tlie coinpany to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors ackiiowledge tlieir responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and preparation of accounls. These accounts have been prepared in accordance with the provision5 applicable to small companies subject to the small compaiiies regime and in accordance witli SORP 2019 (FRSI 02). The fiiiaiiLial statements ivere approved and authorised for issue by tlie board on 27 October 2023 and signed oli ils belialf by: Director rector D#te: 27 O¢tober 2023 Datc: 27 October 2023 fvLL ReglstrAllon No: N1654500 Page 7
Hive Cancer Support Company limited by guarantee Notes to the financial statements for the year ended 31 March 2023 continued Accounting policies Tlle charity is a private limited company by guarantee, registered in Northern Ireland and a registered charity in Nortliern Ireland. The registered office is 128 Lecky Road, Brandywell, Derryg BT48 6NP. 1.1. Accountlng ¢onvontion The principal accounting policies adopted in the preparation of tlie financial statements are set out below and have remained unchanged from tlie previous year, and also liave been consistently applied within tlie same accounts. The cliarity constitutes a public benefit entity as defined by FRSI 02. The financial statements have been prepared in accordance witli Accounting and Reporting by Charities: Statement of Recominended Prllclice applicable to charities preparing tlieir accounts in accordance with the Financial Reporting siandard applicable in the UK and Republic of Ireland Charities SORP 2019 (FRS 102) and the Coiiipanies Act 2006. Tlie fiii&iicial statements are prepared on a going concerti basis uiider the historical cost convention modified to include the certaiii items at fair value. The financial statemeiits are presented in sterling wliifjli is tli¢ functional ¢urr¢ncy of th¢ charity. The directors consider tliat there are no material uncertainti¢s about the charity's ability to continue as a going concern. Tlie charity has taken advantage of the e?4emption in FRS 102 from the requireinent to produce a ¢ash flow stalement as the company qualifies as a small company. Incoming resources All incoiniiig resources are included in the statement of financial activities when the charity is entitled to the incoine and tlie ainount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income.. Voluiitary income is received by way of grants, donations and gifts and is included in full in the slatement of fiiiaiicial activities when receivable. Grants where entitlement is not conditional on the delivery of a sp¢cifi¢ perforinance by tlie charity are recognised when the charity becomes unconditionally entitled to the grant. Donated services and facilities are iiicluded at the value to the charity where this can be quantified. The value of the services provided by the voluiiteers has not been included. Gifts doiiated for r¢5ale are included as incoming resources within the activities for generating funds wlien tliey are sold. Grants, including grants for the purchase of fixed assets, are recognised in full in tlie statement of financial activities in the year in which they are receivable. Income from investments is included in the year in which it is receivable. Page 8
Hive Cancer Support Company limited by guarantee Notes to the financial statements for the year ended 31 March 2023 1.3. Resources expended Expenditure is recogiiised on an accrual basis as a liability is incurred. Expenditure includes any VAT whicli cannot be fully recovered, and is reported as part of the expenditure to which it relates. Costs of geiierating funds comprise the costs associatcd with attracting voluntary income and tlie costs of trading for fundraising purposes. Charitable expenditure comprises those costs incurred by tlie charity in the delivery of its activities and services for its bencficiaries. It includes both costs tliat can be allocated directly to such activities and those costs of an indirect nature necessary to support them. 1.4. Grants Revenue grants are credited to income on the earlier date of when they are received or when tliey are receivable, unless they relate to a specific future period, in which case they are deferred. Grants for the purpose of capital expenditure are credited to restricted income when receivable, transferred to restricted funds on the purchase of the asset and then released to unrestrictcd funds over tlie related asset's Useful lives. 1.5 Tanglblc fixed assets and depreciation Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off thc cost less residual value of each asset over its expected useful life, as follows: Motor Vcchicles Fi.xtures, filtings and equipment 20 % Straiglit Liiie 200/0 Straight Line Page 9
Hive Cancer Support Company Iimited by guarantee Notes to the financial statements for the year ended 31 Marcb 2023 continued Unrestricted Income 2023 Restricted Income 2023 Total Funds 2023 Total Funds 2022 Incoming Rosourcos Incomln resources from ch#ritable activities TEO- Urban Villages BSA Britisli Science Departinent for Cominunities Departinent of Healtli National Lottery NHIP Clear Grant Tesco Triax Derry City & Strabane District Council Rank Foundatioii Secds Otlier ii)coine 750 920 33,269 88,972 124,994 750 920 33,269 88,972 124,994 3,000 41,308 15,732 122,958 2,040 8,366 11,461 359 11,461 359 480 681 14,439 271 1,550 681 14,439 271 1,550 8,582 602 277,666 277,666 203,068 Volunta Income Donations & Projcct Income 7,023 7,023 [7,232 Tolal 7,023 277,666 284,689 220,300 (i) Restricted Funds runds received which are earniarked by the Funder for specific purposes. Such purposes are within tlic ovcrall aims of ihe organisation. (li) Unrestricted Funds Funds which arc expendable at the discretion ofthe company in furtherance of the aims of the cliarity. In addition funds may be held in order to finance capital investment and working capital. Page 10
Hive Cancer Support Company limited by guarantee Notes to the financial statements for th¢ year ended 31 March 2023 continued Resources Expended Unrestricted Funds Restricted Funds Total 2023 Total 2022 Direct Charitable Expenditure Wages & salaries Staff pensions Rent Programme costs Repairs & Inaintenance Motor & travel expenses Advertising & proiiiotion Insurance Stationery & postage Telephone & internet Accounlancy fees Bank fees General expenses Depr¢ciation 175,555 11,518 18,857 63,149 175,555 11,518 18,857 65,070 122,413 6,630 14,226 49,453 2,573 3,100 1,080 840 1,770 3,170 973 534 1,483 2,456 ,921 479 432 2,085 1,538 2,611 913 486 479 432 2,085 1,538 2,611 913 572 86 1,100 ,108 2,208 3,107 278,731 281.838 210,701 Net (Deficit)I Surplus 2023 2022 Net surplus is stated after cliarging: Depreciation and other amounts written off tangible assels 2,208 2,456 Pagell
Hive Cancer Support Company limited by guarantee Notes to the financial statements for the ycar ended 31 March 2023 continued Employees 2023 2022 Wages & Salaries Staff pension contributions 175,555 11,518 122,413 6,630 187,073 129,043 Nuniber of employees 'rhe average monthly numbers of employecs during the year, calculated on ihe basis of full time equivalents, was as folloNvs: 2023 Number 2022 Number Av¢rage nuinbcr of einployees Taxation As a cliarity, Hive Cancer Support is exempt from t&x on incoine and gains falling within section 505 of tlie Taxes Act 1988 or s256 of the T&xation of Cliargeable Gains Act 1992 to the extent that these are applicd to its chargeable objects. Accordingly, no tax charges have arisen in Ihe cliarity. Page 12
Hive Cancer Support Company limited by guarantee Notes to the financial statements for th¢ y¢ar ended 31 March 2023 continued Fixtur¢$, flttlngs and equlpment Tangible fixed a55ets Motor vohlclcs Total Cost At l April 2022 8,393 5,500 13,893 At 31 March 2023 8,393 5,500 13,893 Depreciation At l April 2022 Charge for the year 5,067 1,108 3,300 1,100 8,367 2,208 At 31 Marcl12023 6,175 4,400 10,575 Nct book values At 31 March 2023 2,218 1,100 3,318 At 31 Mar¢h 2022 3,325 2,200 5,525 D¢btors 2023 2022 Graiits Receivable 7,849 17,934 Creditors: amounts falling due within one year 2023 2022 Otlier Loans Other t&xes and so¢ial security costs Otlier creditors & deferred income Accruals 104 4,634 183,575 2,013 606 3,700 102,605 900 190,326 107,811 Page 13
Hive Cancer Support Company limited by guarantee Notes to the financial statements for th¢ year ¢nded 31 March 2023 continued 10. Movements in Fund$ At l Aprll Incomlng Outgoing 2022 resources resourcos At 31 March 2023 Restricted funds: Restricted funds 8,866 277,666 (278,731) 7,801 Unrestricted funds: General Funds 38,056 7,023 (3,107) 41,972 Total unrestricted funds 38,056 7,023 (3,107) 41,972 46,922 284,689 (281,838) 49,773 ii. Related party transactions There were no related party transactions in the year under review. 12. Controlling interest Coiitrolling interest of the cliarilable company lies with board of directors. 13. Company limlted by guarantee Hive Caiicer Support is a company liinited by guarantee and not having a sliare capital. The company is incorporated in Nortliern Ireland. The registered office is 128 Lecky Road, Brandywell, Derry, BT48 6NP. 14. Post Balance Sheet events No significant events Iiave taken place since the year end that would result in adjustments to 2023 financial inforination or inclusion of a note tliereto. Page 14