Registered number: SC286333 Charity number. SC036638 UCAN (GRAMPIAN) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 UCAN (GRAMPIAN) CONTENT8 Page Reference and administrative details of th8 Gompanyj its Directors and TNsteos and advisers Trustees. report Trustees. responsibilities statgmont Indopendent audltorfs rew1 on the flnanclal statements Statement of financial artivities 7-10 11 Balance sheet 12 Notes to th8 finan¢lal statements 13-23 UCAN (GRAMPIAN) REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY. DIRECTORS AND TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 JUNE 2024 Dlrectors and Trnslees Company reglslered number SC286333 Charlty reglstered number SC036638 Reglstered offlce Prlnclpal addrn8S UCAN Office Foresterhill Health Centrè Foresterhill Aberdeen AB25 2AY Company s8Grgtary James & Gporgg Collie LLP Auditors Anderson Anderson & Brown Audit LLP Kingshill View Prime Four Business Park Kingswells Aberdeen AB15 8PU Bankers The Rordl Bank of scO￿and 40 Alb￿1 Place Aberdeen AB10 1YN Sollcltors James & George Collie LLP 1 East Craibstone Street Aberdeen AB116YQ Page 1 UCAN {GRAMPIAN) TRUSTEES. REPORT FOR THE YEAR ENDED 30 JUNE 2024 The Directors (who are also Trustees of the tharity for the purposes of charity lawl present their annual report together with the audited fillancial statements of UCAN (Grampian) {"the charitable company'l for the year ended 30 June 2024. The Directors confimi that the annual feport and financial ststements of the charitable company comply with the current statutory requirements. the requirements of the charitable CoMpan￿S goveming document and the provision5 of the Slalement of Recommended Practice ISORP) Accounting and Reporting by Charities {FRS 1021. Since the company qualifies as small under sedion 382. the strategic report required of medium and large companies under Thg Companies Act 2QN)6 {Strategtc Report and CJir8Ctorfs Report) Regulatlons 2013 is not required. STRUCTURE, GOVERNANCE AND IAANAGEMENT Constitutlon UCAN (Grampian) ('UCAN') is a company limited by guarantee {c4)mpany number- SC286333) and a registered Scottish charity (charity number - SC036638). The charitabl8 company is govemed by its Memorandum and Articles of Association. Method of appolnlment or electlon of Dlroctors The powers for appointment and removal of Directors are sel out in the charitable companls Memorandum and Articles of Association. It is the charitable companls policy to seek to appoint Directors who have a specific interest in its objects or whose skills can complement those already in plaee. Pollcles adopted for tho Inductlon and training of Dir•ctor8 Newly appointed directors are introduced to the workings of tho Board through their first meetings. Organlsational structure and decision making The Board of Directors is responsible for the overall ccmtrol, strategic direction, and govemance of UCAN. The directors during the year were a5 listed on page 1. Th8 Board of Directors is responsible for. Sgtting strategic direction: Monitoring pn)gress' Allocating resources: and Overseeing govemance ofthe charity. Rlsk managemenl The Directors have assessed the major risks to the charitabla t>Jmpany is exposed, in particular those related to the operations and finan¢%s of the company. and are satisfied Ihal systems and procedures are in place to manage our exposure to th& major risks. Page 2 UCAN (GRAMPIAN TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 OBJECTIVES AND ACTIVITIES UCAN has been set up to improve the qualty of lrfe for people and lamilies living with uroFogic81 cancers in the North of Scotland through estsblishment of a North of Scouand Urological Cancer Care Centre, provides better information and support to patients and their families {induding a dedicated helpline). and provides dedicated urology cancer specialist nurses and other S[￿alist SUPF*Yt groups to bring the benefits of this work to patients and families in the North of Scotland. UCAN successfully implemented the first robotic surgical system in Scotland (North East of Scotland being the first region In Scotland to have a surgical robot) in 2015 transfonning the care urological cancer patients are receiving in the North of Scouand and was instnjmenlal in bringing the new systems in 2021 and expanding the seNice they promde. ACHIEVEMENTS AND PERFORMANCE Revlew of actlvltlas UCAN continues to suc￿$$fullY deliver whal is now recognised as the UCAN model of urologiral cancer care. This model of care has positively impacted many thousands of benefiu8ries in the North of ScoUand. Hamng successfully implemented robotic surgical services in the North of Scouand, UCAN is successfully complementing the much improved cancer support seNices through the UCAN Centrg With the best available surgical treatment techniques using the surgical robot. The robotic surgical system fijnded by UCAN and the staff trdined by UCAN fvnding are continuing to make an impact on urological cancer patients prowding the highest qualty urological ￿re. This has allowed patients in the North East of Scotland to access v￿r1d dass urological care. The staff training faulitated by UCAN has allowed rnore patients to a￿e$s the system. Our new nurse specialists have made an impad on patient care, cancer waiting times and patient centred care delivery. UCAN has delivered on the most up to datg diagnostic equipment for proslate cancer to facilitate early proststp cancer diagnosis. UCAN has helped deliver world dass Tesearth that has infomied how we best rnanage urological cancers moving forwards. FINANCIAL REVIEW Financial and risk management objectlves and pollcles The net incoming resources for the year. amounted to £195.496 {2023 - £15.460), has b99n dealt with as shown in the ststement of financial activities. During the year, we generated volunLqry income of £215.045 {2023 - £212.5561 comprising £110.000 (2023 - £148,724) from corporate and signfficant individual donations and £105,045 (2023 - £63,832) from general and community donations. Fundraising income of £32.547 was recongtsed in the ar￿ is induded at note 4. The main elements of the expenditure on raF5ing fiJr￿s are staff costs ar￿ costs associated with the fundraising event. Page 3 UCAN (GRAMPIAN) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 FINANCIAL REVIEW ICONT.) Rgs8rvg3 policy Unrestricted funds al 30 June 2024 sh(AV a surplus of £145.421 (2023 - £134,741 }, and restrbcted funds show a surplus of £273,435 (2023 - £88,637). The directors, policy is to maintain a level of unrestricted funds whith allows them to meet their general operating liabilities as they fall due. The policy on restricted reserves is to maintain thelgvel necessary to meet the ongolng obligations related lo that fijnd. PLANS FOR FUTURE PERIODS UCAN continues lo enhance Aberdeen's reputation as an International Centre of Excellence for Urological Care, Applied Research and Training {"A Clinical Academic Cgntrg.). This is being achieved by. Sharing knowledge of UCAN'S eXI￿rIenCe awss Scotland, th8 rest of UK and Globally. Increasing patient involvement by listgning to the voKe of the patient and to the patient's family regarding decisions about their care. Further increasing access to robolic surgery for patients liwng in the North of Scotland. Supporting servtce improvements in earfy diagnosis of all urological cancers establishing Aberdegn as the place to come for training in surgical skills by bringing the best trainers in th8 world to run courses in the North of Scotland. UCAN continues to work on improving patient cancer outcLYnos and thereby domonstrating impact through conlribuling lo European big data cancer programmes ensuring th8 North of Scoland can be compared and benchmarked against the best in Europe and beyond. Strengthening UCAN'S speaalist nurse postbons to prowde broader coverage and more comprehenslve cancer services lo include bladder. kidney. testicular and penile cancers as well as prostate cancer. UCAN continues to provide funding for rOt￿lie diagnoslic addibons to faalitale more complex renal cancer surgery to help to prevent loss of kidney function in patients who may otherwise require di8lysls or other supportive measures. The Charity has supported the purchase of n9w image guided prostate biopsy equipment to reduce the risk of complications and to increase the likelihoTrJ of Identi￿ng harder to diagnos8 prostate cancarg at an oadier stage. The introduction of robotic surgery for urology in Aberdeen by UCAN has dramatically improved and transfomed outcom85 for patients across thg North of Scovand. The Clinicians within UCAN have Njentified a further transfomiation that will have. in a dtfferent way just as dramatic a transformation as the introduction of robotic surgery. This initiative 1$ to create a 'one stop, unit to more quickjy and efficK8n￿Y diagnose and evaluate patients in a single visit and will include the introducbon of some specific new outpatient prO￿dureS that take place on the same day under local anaesthetic. Some of these outpalienl procedures currenly require a hospital inpatient admission, general anaesthetic and the use of an operating theatre as well as time in a hospital ward. In addition many patients are currently subjected to several appointments that will be reduced to one reducing anxiety and stress not just for the pab'enl but for the patient's family as well. It will also result in a far rnore efficient use of Consultant's time and the time of all support staff. Page 4 UCAN (GRAMPIAN) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 PLANS FOR FUTURE PERIODS ICONT) The new S.U.R.E. Unit {s￿ft Urological ResFKJnsive Evaluation) will be provided in an existing space wrlhin ARI and UCAN has made a commitment to NHS Grampian to fund £2.8 million of the costs. This includes the alterations. ventilation and all associated construction work UCAN'S contribution for this wort< capped at £600,000. Specialist equipment and staffing for three years wll be funded by UCAN after vthich NHS Grafflpian will fund the staff and Maintenan￿ ot the Unit. It had been hoped that work could Start in Iwo phases in the first quarter of 2025 with all WO￿ complete within 36 weeks of commencement. however NHS Grampian is considering an altemative area for the SURE Unit as a result of further appraisals of available space across the ARI Estate. This altemative location rnay delay construction comrnencement unttl October 2025 with all WO￿ complete by May 2026 adding approximately five months to the tirneline. Following the year end. UCAN has entered inlo a joint venture wth another Aberdeen based charity, Friends of Anchor, which will fund half of the £2.8 million. As a resull of donations from companies and individuals, bequests, community fund raising and the generous under-writing of a substantial part of the balance by a local family trust, the Board believes UCAN now has SLrfficient commitments in place to meet all of the costs. Fundraising continues but il is hoped that any surplus will fund ongoing innovative initiatives. UCAN has agreed a Memorandum of Understanding IMOU) NHS Grampian to deliver the SURE Unit. this Mou provides similar arrangements to those that applied to the provision of robotic surgery in 2015. The SURE Unil will fvrther enhance the reputation of Aberdeen Rordl Infirmarfs Urology Department in Ward 209 as a Centre of Excellence thus helping to Continue to attract the best Medical Practitioners from around the Wodd. DISCLOSURE OF INFORMATION TO AUDITOR Each of the persons who are Directots at the tim8 when this Direthjrs. rewrt is approved has confimied that: So far as that Director is aware. there is no relevant audit infomation of which the charitable companls auditor is unaware.. and That Director has taken all the steps that ought to have been taken as a Director in order to be aware of any infomialion needed by thg charitable CoMpan￿S auditor in connection with preparing its report and to establish that the charitable companls auditor is aware of that infomiation. AUDITOR The auditors, An(Jerson Anderson & Brown Audit LLP. indicated the willingness to cL)ntinug in offi¢9. Thg Designated Directors wll propose a motion re-aFwinting tha auditors at a meeting of the Directors. Approved by order of the members of the Ix)ard of Trustees and signed on their behalf by. Director Page 5 UCAN (GRAMPIAN) STATEMENT OF TRUSTEES. RESPONSIBILrriES FOR THE YEAR ENDED 30 JLINE 2024 The Trustees (who are also the Directors of the company for the purF4)ses of company lawl are responsible for preparing the Trustees. report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United lQngdom Generally Accepted Accounting Practice). Company law requires the Tnjstees to prepare finan(yal statements for each ffinancial . Under company law, the Trustees must not approve the finanual statements unless they are satisffied that they give a true and fair v¢ew of th8 slate of affairs of the company and of tts In(￿ming resources and application of resourGes. including its income and expenditure. for that peric#J. In preparing these financial ststements. the Trustees are requlred to: select suitable ac£ounting poliL?69 and then appty them cffi$istently. observe the methc*Js and prinoples of the Charits'es SORP {FRS 102): make judgements and accounting estimates that are rèasonable and prudenL stale whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disdosed and explained in ffinancial statements.. and prepare the financtal statements on the going LX)ncem basis unless it 1$ inappropriate to presume that the company will continue in bU￿ness. The Trustees are responsible for keeping adequate atcounting recwds that are sufficient to show and explain the compan￿$ transaetiolls 8nd disdose with reasonable accuracy at any b'me the financial position of the company and enable them to ensure that the finanaal statements comply with the Companies Act 2006. the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts {Scotland) Regulations 2006 (as amended). 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 irregularities. Page 6 UCAN (GRAMPIAN) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF UCAN (GRAMPIAN) Oplnlon We have audited the financial siaternents of UCAN (Grampian) (the 'tharitable compan￿} for the year ended 30 June 2024 which comprise the Statement of finanaal activities, the Balance shee( and the related notes. including a summary of 5igntficant accounting poliryes. The financial reporting frameworf( that has been applied in their preparation is applicable law and United lfjngdom Accounting Standards, induding Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, (United Kingdom Generally Accepted A¢￿Unting Practice). In our opinion the finanaal statements: give a true and fair wew of the state of the charitable CoMpan￿S affairs as at 30 June 2024 and of its incoming rgsources and application of resources, induding its income and expenditure for the year then have been properfy prepared in accordance *ith Unrted Kingdom Generally Accepted Accounting Practice.. and have been prepared in accordance with the requirements of the Companies Act 2006. the Charities and Trustee Investment (Scodandl Act 2005 and regulation 8 of the Charities Accounts (Scotland) Regulations 2006. Basls for oplnlon We conducted our avdit in accordance with Intemational Standards on Auditing {UKI IISAS {UKI} and applicable law. Our responsibilities under those standards are fvrther described in the Auditorfs responsibilities for the audit of the financial statements section of our rep)rt. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the finan￿al statements in the United Kingdom, including the Finanual Reporting Council's Ethical Standard. and we have fulfilled our other ethiral responsibilities in accordance with these requirements. We believe that the audr( ewdenee we have obtained is sufficient and appropriate to provide a basis for c4Jr cyin1￿. Concluslons relallng to golng concern In auditing the financial statements. we have conduded that the Trustees. use of the going concem basis of accounting in the preparation of the financial slatements is apyropriate. Based on the work we have perfonned. we have not identified any material uncertainties relating lo events or conditions that. individually or wllec*vely. may cast signtfieant doubt on the charitsble companls ability to continue as a going cx)neem for a pericrfl of at least Iwelve months from when the financial statements are authorised for Issue. Our responsibilities 8nd the responsibilrtie$ of the T￿￿tee3 Wth respect to going concem are described in the relevant se¢ts'ons of this report. Page 7 UCAN (GRAMPIAN) INDEPENDENT AUDrroR'S REPORT TO THE MEMBERS OF UCAN {GRAMPIAN) {CONTINUED) Other Snfonnatlon The other InfO￿allOn comprises the infomation included in the Annual report other than the finandal statements and our Auditorfs report there(m. The Trustees are responsible for the other infomiation contained within the Annual report. Our opinion on the ftnancial statements does not cover the other infomiation and. except to the extent otherwise eXpl1￿￿Y stated in our report. we do not express any fomi of assurance conclusion thereon. Our responsibility is lo read the olher infomiation and, in doing so. consider whether the other information is materially inconsistent with the financial ststements or our kno%￿edge obtsined in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistendes or apparent rnaterial misslatemenls. we are required to detemiine bthether this gives rise to a material misstatement in the financial statements themselves. If. based on the work we have perfomied. we ¢C￿ClUde that there is a rnaterial misslalement of this other infomiation. we are required lo report that fact. We have nothing to rep￿ In this regard. Oplnlon on other matters presulbed by the Companles Act 2006 In our opinion. based on Ihe work undertaken in the course of the audit: the infomialion given in the Trustees. Report for the financial year for vthich the financial statements are prepared is consistent with the finanaal statements. th¢ Tru$tees' Report has bggn prgpared in a¢¢ordanc• with applicable18gal requirements. Matters on whlch wo are requlred to report by excoptlon In the light of our knowledge and understanding of the charitable company and its environment obtalnad In the course of the audit. we have not identified material misslatements in the TnJstees' Report. We have nothing to report in respect of the followng matters in relation to which Compani8s Act 2006 and the Chari118s Accounts {Scotlandl Regulations 2006 las amended) require us to report to you if. in our opinion.. adequate and proper accounting reoJrd5 have not been kepL or rgtums adoquatg for our audit have not been received from branches not visited by us: or the financial statements are not in agreement the accounting records and retum5,' or certain disclosures of Tnjstees. remuneration specified by law are not made: or we have not received all the infomiation and explanations we require for our audit.. or the Trustees were not entitled to prepare the financial statements in accordance wth the small companies regime and take advantage of the small companies. exemptions in preparing the Trustees, Report and from the requirement lo prepare a Strategic Report. Responslbllllles of trustees As explained more fully in the Trustees, resp￿SibIlItieS ststement. the Trustees Iwho are also the directors of the charitable company for the purposes of (￿MpanY law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. and for such internal control as the Trustees delemiine is necessary to enable the preparation of ffinancial statement5 that are free from material misstslement. whether due to fraud or errt*. In preparing the financial statements. the Trustees are responsible for assessing the charitable companls abilty to continue as a going concem, disclosing. a5 appluble. matters related to going concem and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or tr) cease operations, or have no realistic altemative bui to do so. Page 8 UCAN (GRAMPIAN) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF UCAN (GRAMPIAN) (CONTINUED) Auditor's responslbllitles for the audit of the financlal statem We have been appointed as auditor under seelion 4411)(el of the Charibes and Trustee Investrnent (Scotland) Act 2005 and under the Companies Act 2006 and report in 8(xordance with the Act and relevant regulations made or having effect thereunder. Our objectives are to i)btain reasonable assurance about whether the financial statements as a whole are free from material Tnisstalement, whether due to fraud or error. and to issue an Auditorfs report that includes our opinion. Reasonable assuran￿ is a high level of assurance. but is not a guarantee that an audit conducted in accordance with ISAS IUK} will a￿ayS detect a rnaterial missLknent when it exists. Misstatements can arlse from fraud or error and are considered material rf, indiwdually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities. including fravd. The extent to which our procedures are capable of detecting irregularitses. including fraud is detailed below.. We identified the greatest risk of material impact on the financial statements from irregularities including fraud to be: Management override of controls to manipulate the Presentation of the charitable compan*s financial statements. Timing and complgteness of revenue recognition: and Compliance with relevant laws and regulations directly impact the financial ststements, the Companies Act 2006 and the Charities Accounts Iscowand) regulaticffls 2006. Our audit procedures to reSp￿d to these risks induded: Testing ofjoumal 9ntries and other adjustments for appropriaten9￿. Evaluating the rationale of significant transactions (Njtside the normal course of business; Reviewing judgements made by management in their calculatbon of accounting estimates for potential managernent bias.. EnqLFiring of management about litigation and daims and inspection of relevant corresponden Reviewing the minutes of meetings between the Board of Directors conducted during the year and subsequent to the year end up to the date of approval of these finanaal ststemenls. Reviewing legal and professional fees to identify indbcalh)ns of aclual or potential litigation. claims and any non-compliance with laws and regulations: and Perfomiing a disclosure checklist on the financial statements to ensure Companies Act 2006 and the Charities Accounts {Scotlandl regulations Act 2006 requirements are satisfied. Because of the inherent limitations of an audit. there is a risk that we ￿11 not detect all irregularities. including those leading to a material misststement in the ffinanoal ststements or non-compliance with regulation. This risk increases the more that compliance wrth a law or regulation is removed from the events and transactions reflected in the financial statements. as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than eTror, as fraud involves intentional concealment. forgery. collusion. omission or misrepresenlation. A further description of our responsibilibes for the audit of the financial statements is located on the Financial Reporting Council's website at.. VhVW.frc. .uklaudiiorsres nsibilibes. This description forms part of our Auditorf5 Teport. Page 9 UCAN (GRAMPIAN) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF UCAN IGRAMPIANI IcoKfiNUED) U¥¢ of our report This report is made solely to the tharitable companls fnernbers, as a body, in accordance with Chapter 3 of Part 16 of the Companies Ad 2006, and to the charitable compan¥s trustees, as a body, in accordance with regulation 10 of the Charities Accounts {Scolland) Regulations 2006. Our audit work has been undertaken so that we might state lo the charitable companys members and Trustees those matters we are required to slate to them in an Audilorfs report and for no other purpose. To the fvllest exient pemiitted by law, we do not accept or assume responsibility to anyrjne other than the charitable company, its members, as a body, and its trustees, as a body for our audit Wofk, for this report, or for the opinions we have fom)ed. Anderson Anderson & Brown Audlt LLP Slalulory Auditor Kingshill View Prime Four Buslness Pak* Kingswells Aberdeen AB15 8PU Date: Anderson Anderson & Brown Audil LLP are eligible to act as auditors in tems of section 1212 of the Companies Act 2006. Page 10 UCAN (GRAMPIANI STATEMENT OF FINANCIAL ACTIVITIES IINCORPORATING INCOME AND EXPENDrruRE ACCOUNn FOR THE YEAR ENDED 30 JUNE 2024 Restricted Unrestricted funds funds 2024 2024 Totsl funds 2024 Total fvnds 2023 Note Income from: Donations and legacies Other tr8ding activities Irsvestments 125.666 89.379 32,457 18.320 215.045 32.457 18,320 212.556 78,009 7,437 Total Income 125,666 140.156 265.822 298,002 Expenditure on: Raising funds Charitable actmlies 17.544 49.432 17,544 52.782 71,226 211.316 Total exp8nditure 3.350 66,976 70,326 282,542 Nèt Incomel(expendlture) 122,316 73,180 195.496 15.460 Net movement In funds 122.316 73.180 195.496 15.460 Reconciliation of fvnds: Total funds brought foNard Net movement in funds 88.637 122.316 134.741 73.180 223.378 195,496 207.918 15,460 Total funds carrled forward 210,953 207,921 418.874 223.378 The nolg5 on pages 13 to 23 fom) part of these finan￿81 ststements. Page 11 UCAN (GRAMPIAN) REGISTERED NUMBER: SC286333 BALANCE SHEET AS AT 30 JUNE 2024 2024 2023 Note Current assets Debtors Cash at bank and in hand 10 17,175 692,513 715,991 715.991 709.688 Creditors.. amounts falling due wthin one year 11 (172,326) (195,3021 Net currgnt assets 543,665 514.386 Total assets less current Ilabllltles 543.665 514,386 Crodilors.. amounts falling due after rnC￿e than one year 12 (124,791) {291.008) Total net assets 418.874 223,378 Charlty funds Reslricled funds Unrestricted funds 14 210.953 207,921 88,637 134,741 14 Total funds 418,874 223.378 The Trustees acknowledge their responsibilities for complying the requirements of the Act with respect to accounbng records and preparation of financial statements. The financial statements have been prepared in accordance with thg provisions applicable to entities subject to tho Small companies regimo. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by. Director Date.. 11. l. L The notes on page$ 13 to 23 fomi part of these finanaal statements. Page 12 UCAN IGRAMPIANI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Goneral Inforn)atlon UCAN office i Grampian) is a charitable company limited by guarantee inCor￿rated in S￿ttand. The registered The principal activity of the charitable company is lo undertak8 activities aimed at improving the quality of life for people and families Imng urological (3ncers on the Norlh of sc￿and. AG¢ountlng pollcl•8 2.1 Basls of preparatlon of flnanclal ststfjmgnts The finan￿81 statements have been prepared in accor(Jan¢e the Chartbes SORP {FRS 1021- Accounting and Reporting by Charities- Statement of Recommended Prdetice applicable to charities preparing their accounts in accordance wth the Finanual Reportyng Standard applicable in the UK and Republic of Ireland {FRS 102), the Financial ReF4Jrting Standard applicable in the UK and Republic of Ireland {FRS 102) and the Companies Act 2006. The financial statements have also been prepared in accordance wih the Charities Accounts (Scotlandl Regulations 2006 and Ihe Charities and Trustee Investh)ent (Scollandl Aca 2005. UCAN (Grampian) meets the definition of a public benefft entity under FRS 102. Assets and liabilities are inibally recogniS￿l at historical c¥>st or tr8ns8Ction value unless othepwis8 Stated in the relevant accounting policy. The financial statements do not indude a Cash flow statement because the company, as a small Tewrting entity, is exempt from the requir&nent to prepare such a statement. 2.2 Golng concern The Directors. having made due and careful enquiry, are of the opinion that the tharilable company has adequate working capital to execute its operations over the next 12 months following the approval of these financial statements. The Directots. therefore. have made 8n infom)ed judgement, at the time of approving Ihe financial ststements. that there is a reasonable expectation that the charitsble company has adequate resources to continue in operdtional e￿$tence for the foreseeable future. As a result. the Directors have continued to adopt the going corw basi5 of a¢¢ounting in preparlng the annual ffinancial statements. Page 13 UCAN (GRAMPIAN) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Accountlng pollGies IGontinuod) 2.3 Incorne All income is Tecognised once the charttable company has entitlement to the income, it is probable that th8 income will be received and the amount of income receivable can be measured reliably. For legacies, enlitiement is taken as the eadier of the date on which either.. the company is aware that probate has been granted. the estate has been finalised and notification has been made by the executorlsl to the Trust that a distribution wll be made. or when a distribution is received from the estate. Receipt of a legacy, in whole or in part. is only considered probable when the amount can be measured reliably and the company has been notified of the executorfs intention to make a distribution. Where legacies have been nottfied to the company, or the company is aware of the granting of probate, and the criteria for income reL￿n[knon have not been mel. then the legacy is treated as a contingent asset and disdosed rf material. Donated services or faalities are Tecognisod when the ojmpany has control over the item. any conditions associated with the donated item havo been rnet. the receipt of economic benefit from the use of th6 company of the item is probab￿ and thal economic benefit can be tneasured reliably. On recèipt. donated professional services and donated faulities are recognised on the basis of the value of the grfl to the company vthich is the amount the company would have been willing to pay to obtsin services or facilities of equivalent economic bengfit on the op9n maTket,' a corresponding amount is thon reeognised in expendilure in the p8riod of receipL Income lax recoverdble in relation to donations received under Gift Aid or deeds of covgnant is recognised at the tsme of the donatic￿. Income tax recoverablg in relatil￿ to inveslment income is recognised at th8 time the investmgnt income is receivable. 2.4 Expendlture Expenditure Is TecoJnised once there is a18gal or constructive obligation to transfer economic benefit to a third paty. it is probable that a transfer of economic benefits ￿11 be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single actiwty are allocated directly to that activity. Shared costs which contribulo to more than one actiwty and support costs which are not attributable to a single activity are apportioned betwogn those activities on a basis consistent with the use of resources. Central staff costs arg allocated on the basi5 of time spent. and depreciation charges allocated on the wrbon of the asset's Usg. Support ¢osts are those cx)sts incurred direcyy in SUPFQrt of 9XPgnditure on thè objects of the company. Cosls of generating funds are c4)sts incurred in attracting voluntary income, and those incurred in trading a¢tivikne$ that raise funds. Charitable activities and Govemance costs are costs inCu￿ed on the companls educational operations, including supwt costs and costs relating to the governance of the company apportioned to charitable adivities. Exp8nditAJre on raising funds Indudes all expenditure incurred by the company to raise funds for its charitable purposes and includes costs of all fundraising actiwties events and non-charitable trading. Expendi￿re on charitable activities is inc#Jrred on directy undertaking the activities whith fvrther the compan￿$ objectives. as well as any associated support costs. Pagg 14 UCAN (GRAMPIAN) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Accountlng pollcies {continuod) 2.4 Expendlture {continugdl Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recogni5ed as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions bthich have not been mel at the year end are noted as a commtlmen( but not accrued as expenditure. Atl expendibjre is inclusive of irrecoverable VAT. 2.5 Int•rest recelvable Interest on funds held on depM)Sit is included reeeivable and the amount can be measured reliably by the company. this is normally urKJn notification of the interest paid or paydble by the institution wth whom the funds are deposited. 2.6 Taxation The ￿rnPany is considered lo pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitsble company for UK corporation tax purposes. Accorijingly, the company is potentially exempt from taxation in respect of income or capital gains Teceived within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Secb'on 256 of the Taxation of Chargeable Gains Aci 1992, to the extent that such income or gains are applied exclusively to charitable purposes. 2.7 Oobtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 2.8 Cash at bank and In hand Cash at bank and in hand includes cash and short-tefm highly liquid investrnents wth a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 2.9 Liabilities and provislons Liabilities ar8 recognised when there is an obligation at the Ba5anca Sheet date as a result of a past 9vent. it is probable that a transfer of economic benefit will be required in sgttlement, and the amount of thg settlement can be estimated reliably. Liabiliknes are recognised at the amount that the company antiopates it wll pay to $gtt19 the debt or the amount it has received as advanced payments for the gorAls or services it must provid9. Provisions arg m9asured at the best estimate of the amounts required to settle the obligation. Where the effect of the lime value of money is material. the provision is based on the present value of those amounts, discounted at the pre-tax discount rale that refiects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost. 2.10 Flnanclal Instruments The company only has financial assets and ffinancial liabilÉbes of a kind that qualify as basic financial instnjmenls. Basic finanaal instruments are initially recognised at transaction value and sUbseqUen￿Y measured at their settlemenl value the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. Page 15 UCAN (GRAMPIAN) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 countlng pollcles (contlnued) 2.11 Pensions The company contributes to a defined contribution pension scheme and the pension charge represents the amounts payable by the company to the fund in respect of the year. 2.12 Fund accounllng General funds are unrestricted funds bthich are available for use at the discretion of the Trustees in furtherance of the general objectives of the company and which have not been designated for other purposes. R95tricted funds are funds which are to be used in accordance with speafic restrietions imposed by (Jonors or whith have been rdised by the company for particular purposes. The costs of raising and administering such funds are tharged against the speryfic fvnd. The aim and use of each restricted ftjnij is set out in the note5 to the finanaal statements. Investment income, gains and losses are allocated to the appropriate fund. Income from donatlons and legacios Restricted Unrestricted funds funds 2024 2024 Total funds 2024 Total funds 2023 General and community donations Corporate and significant indiwdual donations 1S.666 110,000 89.379 105.045 110.000 63,832 148.724 Total 2024 125,666 89.379 215.045 212.556 Total 2023 15.4(Kl 197,156 212,556 Income from other trading actlvftles Sncome froffl non Charitab￿ trading actlvltles UnrgStrid8d funds 2024 Total funds 2024 Total funds 2023 Fundraising 32.457 32.457 78,009 Tot812023 78.009 78.009 Page 16 UCAN IGRAMPIANI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Investmonl incomo Unrestricted funds 2024 Total funds 2024 Total funds 2023 Bank interest receivable 18.320 18.320 7.437 Totsl 2023 7.437 7.437 Expenditure on raislng funds Costs of raising voluntary incorne Unrestricted fijnds 2024 Total funds 2024 Total funds 2023 Promotional costs UCAN Centr8 Staff costs Pension costs 61.871 6.662 10.454 428 6,662 10.454 428 8.988 367 Total 2024 17.544 17,544 71,226 Total 2023 71,226 71,226 Pagg 17 UCAN IGRAMPIANI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Analysls of expendlture on charltable actlvitles Sumrnary by fund type Restricted Unrestricted fvnds funds 2024 2024 Total 2024 Total 2023 Awareness and support Robotic surgery and related equipment SURE 49.432 49,432 3.350 50,392 10.924 150,000 3.350 Total 2024 3.350 49.432 52.782 211.316 Total 2023 160.924 50.392 211,316 Analys1$ of •xpendlture by actmtles Actiwties undertaken direcuy 2024 Support costs 2024 Total fvnds 2024 Total fijnds 2023 Awareness and support Robotic surgery and related equipment SURE 49.432 49.432 3.350 50.392 10.924 150,000 Totsl 2024 3,350 49.432 52.782 211.316 Total 2023 160.924 50.392 211.316 Analysis of dirnct costs Total fvnds 2024 Total funds 2023 project 2024 SURE 2024 Fundlng commitsment 3.350 3,350 160.924 1 grant was committed in the year to insttlutl￿8l2o23- 1). Page 18 UCAN (GRAMPIAN) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Analysls of exp•nditure by activities Icontlnued) Analysls of support costs Building effective support structures 2024 Total funds 2024 Total funds 2023 SLiff costs Govemance costs 32,648 16.784 32,648 16,784 28,066 22,326 49,432 49,432 50,392 Staff costs 2024 2023 Wages 8nd salaries Pension costs 41.817 1,713 35.954 1,467 43,530 37,421 The average number of persons employed by thg o)mpany during thè year was as follows.. 2024 No. 2023 No. Directors Fundraising During the year. no Dire(lor received any remuneration. benefits in kind or Trimbursement of expenses 12023- £nll)- No individuals oU￿1th the Directors are considered to be key management. No employee recelved remuneration amounting to more than £60,000 in either year. Page 19 UCAN (GRAMPIAN) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 10. Debtors 2024 2023 other debtors 1.031 16,144 Accnjed income 17.175 11. Credltors: Amounts falllng due withln y8ar 2024 2023 Other creditors Aceruals and deferred income 164.000 8,326 162,228 33,074 172.326 195.302 12. Credltors: Amounts falllng due after more than ong year 2024 2023 Grant commitments 124,791 291,008 13. Flnancial Instruments 2024 2023 Financial assets Financial assets measured at fair value thr