Company number: N16S4500 Charity number: NIC107275 Hive Cancer Support (Company limi(ed by guarantee) Dire£tors' report and financial statements ror the year ended 31 Mnrch 2025
Bive Cancer Support Company limited by guarantee Contents Page Legal and administraiiv¢ inforniation Directors, report Independent Bxaminers r¢port Slaiement of Financial Acfivitie5 Balance sheet Notes lo the financial statements 8-14
Hive Cancer Suppor¢ Company Ilmited by guarantee Company information Directors George McGowan Clare Cregan Margaret Gallagher Donna McCJ05kcy Linda liAcKinney Claire Mccauley Elaine Mccomiick Compony number N1654500 Charity number TIC 107275 Registered orrice 128 Lecky Road Brandywell Derry BT48 6NP Accountants McGroarty Mccafferty & Company Ltd Accountants & Tax Consultants 2 Corlisle Terrdc Derry BT48 6JX Bankers ALB (hl Meadowbank Strand Road Derry B T48 7TN Page I
Hive Cancer Support Company limited by guarantee DirectOTS' report for the year ended 31 March 2025 The director.% presont tFLeir report and the unaudtted financial statements for the year ended 31 March 2025. Pur OSQ 2nd aims The primary objeciive of Hive Cancer Support is to provide support lo Ehose who have been affected by cancer. How our charlty aclivities deltver public benefit The public benefits which flow from our charitable aclivites are as ftlllows: - Ihe improvement of the lives of people who have been affected direcily or indirectly by cancer. Ihe promolion of eurly de(eclion and advice on cancer prevention rnethods io help save lives. the provision of a welcom¢ drop in and safe space where people can come for irnTnediaie 5UPPOrt and advice witliout having 10 ivait uniil their next medical appointment. the irnprovernent of nientaj. physical and emolional outcomes for cancer suffere5s and their familieslcarers. the enablement of individuals/famili to connect with their cDmmuniti¢s and each other. leaTh and share new skills and expericnces and rnake choices thAt suit their own liv&s. riinancial review The financial perfonnance is surnmari5ed in the enclosed accounts. Structure) governance and management The company is governed and mana8ed by the boar(l of directors. The directors who Served the cornpany during the financial year are shown on page l. Recruitment and o intment of mana ement committee The direclors of the company are also charity iruste&s for the pulposes of Charity Law. Under the requirerttents of the emordndum and Articles of Associallon directors are eleeted at an Annual General Meeting from ainongst ihose persons nominaied by the Ordinary Members. The directors have the power al any time to appoint any person (o be a director, either lo fill a casual vacancy or as an addiiion to the existing directors. Any dhrectoi so appoinled serves only until the ncx( Annual General Meeting at which directors are to be elected and are then eligible for Te*lecLion. A Ietiring dlrector is eligible foi re-ele10. Reserves Policv Page 2
ive Cancer Support Company limited by guarantee Directors, report for the )ear ended 31 March 2025 coniinued The Board of Diiectors has examined the charitys Tequirements for TrVeS ID lighi of the main risks lo the organisation. It has established a policy whereby the unrestricted funds not committed or invo%ted in tangible fixed assets held by the chariiy should be at least 6 months of core c05ts.The reserves are needed to meet the vorking capital iequirements of the charity and the directors are confideni that al this level they would be able to continue the current activiti£% of the charity in the ev¢nt of a significant drop in funding. The present level of unrestricfed reserv&£ available to the charity is £81631 and the board are confident of achieving their target in the next year.The board are saiisfied that ihe current reserves held are adequate and will continue to rnonitor and review the funds held io ensure that the exisiing and future ChIlable activities of the orsani5aCion can be funded from its resources. Directors Rcsponsibilities In Relation To The Financial Statements Company law requir&s the direciors (o prepare financial siaiements for each financial year which give a irue and fair view of the state of the affairs of the charitable company and of the profit or loss of the chariiy cornpany for ihat Yr. In preparing these the directors are required to: - select suitable accounting policies and apply them consistsntly; - make judgements and estimates that are reasonable and prudent; - observe niethods Ind principles in ihe charilies SORP 2019 (FRS 102): stat¥ wlieiher dppliLoble UK Accouniiftg Standards have been followed. subjeci to any material departures disclosed an(J explained in the financial Siatements; prepare the financial statements on the going concern basis unless it is inappropriaie 10 presume that the cornpany will continue in busin&ss. The directors are responsible for keeping proper accounting records which disclose with re&%onable accurKICy at any time the financial p051tion of the company and to enable them lo ensure Ihat ihe financial slalements comply with th2 CoFnpanies Acc 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irre8ularitses. The report is prepared in Jccordanc¢ with (he special provisions of Part 15 of the Companies Act 2006 relatlns to small companies and in accordance with SORP 2019 (FRSI 02). Independent Examiner A rasolution wilI bc proposed at ihe Annual General Meeling that McGroarty Mccafferty & Company Ltd be reappointed a5 independent exafftiners for the ensuing year. The finaThcial statements were approved and auihorised for issue by the board on 17 October 2025 and siEn¢d on its behalf by; Director DirecÉor Page 3
Hive Cancer Support Company limited by gu2r2ntte Independen¢ examiner's report on the unaudited financial ststements to the directors of Hive Cancer Support We report on ihe accounts of the company for the year ended 31 March 2025, which are sei our on pages 5 - 14. Rospectivo rponsibilitieS of charity directors and examiner" As (he charity directors you are responsible for the preparation of the accounts in accordance iviih the Icquirerrtents of the Conipanies Act 2006. Having satisfied ourselves that the charity is nol subjecL to audit under cornpany law. and is eligible for independent examination. it is our responsibllity lo: - examine the accoun(s under section 65 of the Charities Act 2008. follow the procedur¢5 laid down in the gene directions given by the Charity Commission for Northern Ireland under seclion 65(9)(b) of the Charities Acl 2008. - state whether particular malters have come to our atten(ion, Basls of Independent exam1n0S report We have examined your chari(y aceounts as required under section 65 of the Charities Act nnd OUT examinaiion was called out in accordance with the genernl directions given by the Charity Commission for Northern Ireland under Section 65(9)(b) of the Charities ACL The examina(ion included a review of Ihe accounting records kept by the charity and a comparison of the accounts presenled with those records. It also included a consideration of any unusual items or dis¢105ur¢5 in the accounts, and seeking explanations from you as charity directors concerning any such maiters. Our role is to state whether any material mailers have tome lo our attention giving us cause to believe: - that accounting reeords were not kepi in accordance wilh section i86 of the Companies Act 2006. that ihe accounts do nor accord with those accounlÈng records: Ihat the accounL£ do not comply with ihe accounting requirements of the Section 396 of th& Compani&s Act 2006 and the methods and principles of the Chariiies Statement of Recommended Practice applicable to charities preparing their 3ccouDts in occordance with the Financial Reporting Standard applicable in the UK and Republic of Irelond: - that there 1.4 further information needed for proper under.standing. Independent examiner's statement We can conflrm we are qualified to undenake the examinaiion and are regulaied and & member of Chartered Accouniants Ireland, which is one of the listed bodie We have cornpleted our examination and have no conttrns in respect of the matters listed above and. in onnection with Ihe following direciions of the Charity Commission for Northern Treland. we have found no mallcrs that requirc drawing to Jour attention. McGroarty? Mccaffer y & Compan Accounlants & Tax Consultants 2 C2rlisle Terrace BT48 6JX Date: 17 October 2025 Ltd Page 4
Hive Cancer Support Company limited by guarantee Statement of Financial Activilies ror the year dcd 31 March 2025 Tothl Funds 2025 Total Funds 2024 Unrestrictcd Funds Rcstricted Funds Incolne and Expenditure Incoming Resources Voluntsry Income ?0,461 358,155 378,616 40S,090 Total Incoming Resources 20.461 358,155 378,616 408,090 Resources Expended Dircct Cliariithlc Expcnditurc Total Resources Expended 6.198 357.247 363.445 389,886 6.198 357,247 363.445 389.886 Net Incomlng l (Outgoing) Resources 10 14,263 908 15.171 18,204 Tran¥f¢r belwe2n funds 8.098 (8,098) Balances brought forward l April 2024 59.270 8.707 67,977 49,773 Bdlanc&s carried forwar<1 31 Marcli 2025 81.631 1,517 83,148 67,977 The above amounls Telote to continuing operauons of the charity. The charity has no recognised gains and 105ses other than those included in the results above and therefore no separate statement of total reCO.lsed 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
Hii'e Cancer Support Company limlted by guarantee Bttlance sheet as at 31 March ?025 2025 2024 Notes Fiyed ossets Tangible lgseis Current assets Debtors Cash at bank and in hand 1.517 3.131 10,331 194.589 10,560 307,478 204.920 318,038 ered5tors: amounts falling due wilhin one year Net current Oiabilities)lassets (123.289) (253,192) 81.631 64,846 Total atS Icss current liabilities 83.148 67,977 Net {Ilabllitles)la$5ets Funds Restricted Unrestricted 83.148 67,977 10 ,517 81,631 8.707 59.270 83,148 67,977 The notes on pages 8 to 14 form an integral part of these fmancial statements. Page 6
Hive Callcer Support Company limited by Euarantee Balanee sheet (continued) In appmving these financial statcrnents os d?rectors of the company we hereby confirm: The company was entiiled to exemption from audit under s477 of the Compani&% Act 2006 relaling to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requ1MentS of the Companies Act 2006 ivilh respect to accountins records and preparation of accounts. These accounts have been prepared in acrdance with the provisions applicable to small companies subject to the small companies regime and in accordance with SORP 2019 (FRSI 02). The financial statemenis ivere approved and authorised for issue by the board on 17 October 2025 and .8i.oned on 11.4 behalf by: cQlo Director Direclor Date: 17 October 2025 Date: l7 October 202S Registration No: N1654500 Page 7
Irjve Cancer Support Company limited by guarantee Notes to the financial statements for the sear ended 31 Nlarch 2025 Accounting policies The ch¥trity is a private limited company by guarantee. registered in Northern Ireland and a Tegistered chwity in Northern Ire12nd. The registered office 15 128 Ixky Road, Brandywell, Derry. BT48 6NP. 1.1. Accounting eonvention The principal accounting policie5 adopled in the preparation of the financial statetnents are set out beloiv and have remained unchanged from Ihe previous year. and a)so have been consisEenlly applied Ivithin the same accounts. The charity constilules a public benefit enlity as defined by FRS102. The financial statements have been prepared in accordance with Accounling and Reporting by Charities. Statement of Recon]mended Praclice applicable to charities preparing iheir accounts in accoTdance with the Financial Rcportlng Standard applicable in the UK and Republic of Ireland Charities SORP 2019 (FRS 102) and the Companies A¢t 2006. The financial statements are prepared on a going concern basis under the historical cost convention modified to include the certain items at fair value. Thc financial slatcments aTe pi¢s¢nted in st¢rlin8 which is the functional curr¢ncy of the Charity. The directors consider that there no Marial uncertainue5 about (he chariil5 ability lo conlinue as a going concern. The charity has iaken advaniaoe of the exemption in FRS 102 from th¢ rcquirement lo produce a cash floiv slatement as (he company qudifjes as ll sma]I company. 1.2. Incoming resourccs All incoming resources are included in the statement of financial activities when the charity is entitled to the income 2nd ihe amount can be quantified with reasonable accuracy. The following speciflc policies are applied to particular categories of income: Voluntary inrome 15 received by ivay of grants, donations and gifts and is included in full in the siaiement of flnancial activities when receivable. Grants where entitlement is not conditional on the delivery of a specific perfonnance by the chariiy are recognised when the charity becomes unconditionally entiiled to the grant. Donated services and faciliiies are included at the value lo the chariiy where this can be quaT)tified. The value of the services PTovided by the volunteers has not been included. Gifts donaled for resale are included as incoming Icsourca within the actiiiities for gen¢TaUnty funds when they are sold. Grants, includin8 grants for thc purchase of fixed assets. are recognised in full in the Slament of financial activities in the year in which they are receivable. tncome from investrnents is included in the year in which it is receivable. Page 8
Hiye Cancer Support Company limited by guarantee Notes to the financial statements for the year ended 31 March 2025 . continued 1.3. Resources Èxpended Expenditure is recognised on an accrual bnsis as a liability is incurred. Expenditure include5 ony VAT which cannot be fully recovered. and is reponed as p2rt of the expendilure lo which it relates. Costs of generating funds comprise the coszs associated with attracting voluntary incorne and the costs of Irading for fundraising purposes. Charilable expenditure comprises those costs incurred by the charity in Ihe delivery of its activities and services for tts bcneficiaries. It includes both costs that can be allttaied directly to such activities an those cosls of an indirecl 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 they are tBceivubl4 unless Ihtty relale lo a Specific fulute peri[, in which c&se they are defcrTed. Grants for the pUOSe of capithl cxpenditure are credited to restricted income ivhen receivable. transferred io Teslricied funds on the purchase of (he asset and then rele&sed to unreslricted funds over tho ](ed asset's useful lives. 1.5 Tangible fixed assets and depreciution TanlbIg fxxed assets are staled at cost less depreciation. Depreciauon is provided at rdtes calculated io wriie off the Cost less residual value of each asset over its expected useful lif¢. as follow's: Motor Ve¢hicles Fixtures, fittings and equipment 20% Straight Line 20% Strnight LID¢ Page 9
Hive Cancer Supp(trrt eompany limited by Euardntee Notes to the financial ststements for the year ended 31 March 2025 . continued Unrestricted Income 2025 Restricted Income 2025 Total Funds 2025 Totsl Funds 2024 Incoming Resource5 Incomin resources from charilablc activities BSA British Science Department for Communities Jobsturt- DFC DFC additional funding DepanTnent of Health Bogside Brandywell Hea]th Fornm National Lottery Halifax Clear Grant Community Development & Health AXTetwork Tesco Derry City & Strabane District Council Rank Foundation Seeds HSBC Mcmullan Canc¢r 8289 25.916 24.043 19.840 135.993 4.502 130.027 8.289 ?5,916 24,043 19.840 135.993 4,502 130.027 60,835 27,763 142,504 4,600 137.99? 1,940 4,964 3,610 640 776 818 1,087 5,000 3.462 1.083 3,462 1.083 358.155 358.155 387.529 Voliynt Tncome Donations & PÉDject Incom¢ 20.461 20,461 20,561 Total 20.461 358.155 378.616 408.090 (i) Restricted Funds Funds received which are eamiarked by the Funder for specific purpos. Such purposes are within the overall aims of the organisation. (li) Unrestricted Funds Funds ivhich are expendable at the discretion of the company in furtherttn of the aims of the chaTity. In addition funds may be held in order io finance capital ini'eslment and ivorking apital. Page 10
IlivÈ Cancer Support Company Iimited by guarantee Notes ti) the finallci21 staÉements for the year ended 31 March 2025 . continued Resourees ExTrended Unrestricted Funds Rcstricted Funds Total 2025 Tolal 2024 Direct Charitable Expenditure Wages & salaries Staff pensions Rent Programme costs Motor & travel expenses Insurance Stationery & postag Telephone & internet Computer costs Accountancy fee5 B<tnk lees Gcncral expenses Deprecia(ioTh 228.855 13,022 17,407 85,868 1,468 1,740 209,091 12,727 20,202 130,826 447 3,412 919 7,453 13,0?2 17,407 88,242 1.468 1,740 82 6,133 3,063 1,140 602 77 1,614 2.374 82 6,133 3.063 1,176 595 323 2,7J4 002 77 1,614 6,198 357,247 363,445 389,885 Net (Defieit)I Surplu5 2025 2024 Net sU]uS is stated after charging: Depreciation and other amounts wrilten off iangible assets 1,614 2,714 Page 11
Hive Cancer Support Company limitod by guarantee Notos to the fin2ncial statements for the year ended 31 March 202) . con¢inued Employees 2025 2024 Wages & Sa]arics Staf[ pension contributions 228,855 13.022 209,091 12,727 241,877 2?1,818 Number of employees The average monthly nurnbers of employees during the year, &CUlated on the basis of full time equivalenls. was as follows; 2Q2S Number 2024 Number Avernge number of employees 13 13 Taxation As 2 charity. Hivc Cancer Support is exempt fro tax on income and gains fajling within section 505 of the Taxes Acc 1988 or s256 of the Taxuiion of Chargeable Gains Acr 1992 ro the ex¢ent thal these are pplied lo its charguble objects. AccoTdingly. no clwges have arisen in the chaiity. Page 12
Hive Cancer Supporl Company limited by gu&rnntee Notes to the flnancial statements for thc year ended 31 Marth 2025 . continued ixturos, rittings and equipment Tangible fixed assets Motor vehiel£s Total Cost At l April 2024 10,920 5,500 16,420 At 31 March 2025 10,920 5.500 16,4?0 Depreciation At l April 2024 Charge for the year 7.789 1,6l4 5,500 13,289 1,614 At 31 Morch 2025 9,403 5,500 14,903 Net book vnlues At 31 March 2025 1.517 1,517 At 31 March 2024 3.131 3,131 Debtors 2025 2024 Grants Receivable 10,331 10,560 Creditors: amounts falling due within ono year 2025 2024 Other taxes and social security costs Other creditors & deletred income Accruals 2,590 l J 6.749 3,950 4.032 244.829 4,331 123.289 253.192 Page 13
Hive Cancer Support Company limited by guarantee Notes to the financAal statements for the year cnded 31 March 2025 . continued 10. Movcments in Funds At etiyeen l April Jncoming Outgoing Trnnsfer 2024 resources resources funds At 31 March 2025 R&strict¢d funds: Restricted funds 8,707 358.155 (357.247) (8,098) 1,517 UnresIC[ed funds: General Funds 59.270 20.461 (6,198) 8,098 81,631 Total unrestricted funds 59,270 20,461 (6.198) 8.098 81,631 67.977 378,616 (363,445) 83.148 li. Related party transa¢¢lons There were no related party transactions during the year under review. 12. Controlling in¢eres¢ Conlrolling interesi of the Charitable company lies with bwd of direc(ors. 13. Company limited by guaraJ)tee Hive Cancer Support is a cornpany limiled by guarnntee and not having a share trdpilal. The company is incorporated in Ni lonhcrn Ireland. The registered office is l?8 Lecky Roud, Brnndvell, D¢ry> B T48 6NP. 14. P05t Balance Sheet events No significant events have taen place since the end that would result in adjustments to ?024 financial inforniation or inclusion of a noie Ehereto. Page 14