REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements for the Year Ended 31 December 2023 |
for |
Cancer Card |
(A Company Limited by Guarantee) |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements for the Year Ended 31 December 2023 |
for |
Cancer Card |
(A Company Limited by Guarantee) |
Cancer Card |
Contents of the Financial Statements |
for the Year Ended 31 December 2023 |
Page |
Report of the Trustees | 1 | to | 2 |
Independent Examiner's Report | 3 |
Statement of Financial Activities | 4 |
Balance Sheet | 5 | to | 6 |
Notes to the Financial Statements | 7 | to | 13 |
Cancer Card (Registered number: SC670718) |
Report of the Trustees |
for the Year Ended 31 December 2023 |
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). |
OBJECTIVES AND ACTIVITIES |
Reflections of the year |
The foundations set in 2022 has enabled Cancer Card to mature and diversify. We have recruited a Fundraising and Events Manager providing focus to this key area of the charity. We have also recruited an Operations Manager who is ensuring controls and processes match the policies, allowing us to grow safely. |
We have grown turnover significantly and we can see that the number of users of our website steadily growing. We have secured grant funding to help us achieve our objectives set out in our strategy. |
We have successfully achieved Cyber Essentials Plus Accreditation a significant milestone in our commitment to data security and safeguarding our valuable resources. |
We have established great partnerships that bodes well for the future development of Cancer Card. We would like to thank all funders for their invaluable support, and all who have donated money, or time to our charity. |
We were delighted to learn that our founder, Jen Hardy, was recognised on King's Birthday Honours List and awarded a Member of the Order of the British Empire (MBE). The honorary awards recognise the most inspiring achievements and service of people across the UK. |
We continue to enhance our website and are working through a number of exciting initiatives to support and compliment our core offering. |
2023 was a year of growth, establishing partnerships and creating longevity for this great charity. We continue to strive to deliver the best possible non-medical support service to those that are impacted by cancer. We will also strive to influence the cancer strategy being developed by the Scottish Government. |
Chair of Board, Jen Hardy stepped down as Chair of Board and remains a trustee of Cancer Card. |
Gwyneth Scholefield was appointed new Chair of Board at Cancer Card in December 2023. |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
Cancer Card is a company limited by guarantee, governed by its memorandum and articles of association and recognised as a charity by the Office of the Scottish Charity Regulator in accordance with the provisions of the Charities and Trustee Investments (Scotland) Act 2006. In accordance with the Memorandum of Association, every member is liable to contribute a sum of £1 in the event of the company being wound up. |
Directors and members |
The directors of the charitable company ("the charity") are also the trustees of the charity for the purposes of the Companies Act 2005, and throughout this report are collectively referred to as Directors. |
The directors have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). |
Recruitment and appointment of new trustees |
The Directors have the power to appoint any person to be a member of the Board subject to a minimum number of 4 and maximum of 6 Directors. Recruitment of new Directors is generally done through advertisements in the local press followed by a series of interviews, unless a suitable candidate is found from existing contacts, such as Cancer Card Ambassadors. At the interview stage candidates are fully briefed on the role and responsibilities of a Cancer Card Director and their commitment to undertake the role and attend training is ascertained. |
Cancer Card (Registered number: SC670718) |
Report of the Trustees |
for the Year Ended 31 December 2023 |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Directors' induction and training |
All new Directors are given a full induction which gives a background to the organisation, how it operates and an understanding of the impact that a diagnosis of cancer has on patients and their families. This includes briefing on the support services provided by Cancer Card. |
Principal Risks and Uncertainties |
Cancer Card has a comprehensive risk management process in place. The Board of Directors has assessed the major risks to which the charity is exposed, in particular those related to the operations and services of the charity and are satisfied that systems are in place to mitigate the charity's exposure to major risks. |
This review continues to identify that the on-going general economic downturn and the increased cost of living, Cancer Card's major financial risk relates to challenges in ensuring that income generation supports the cost of Cancer Card's charitable activities. |
Reserves Policy |
The Directors have looked at the requirements for reserves in light of the main risks to Cancer Card. The policy has recently been reviewed and revised and the agreed policy is to hold a minimum of three months expenditure in reser |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
Registered office |
Trustees |
Company Secretary |
Independent Examiner |
J S Accounting Services Limited |
13-15 Morningside Drive |
EDINBURGH |
EH10 5LZ |
Approved by order of the board of trustees on |
Independent Examiner's Report to the Trustees of |
Cancer Card |
I report on the accounts for the year ended 31 December 2023 set out on pages four to thirteen. |
Respective responsibilities of trustees and examiner |
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention. |
Basis of the independent examiner's report |
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. |
Independent examiner's statement |
In connection with my examination, no matter has come to my attention : |
(1) | which gives me reasonable cause to believe that, in any material respect, the requirements |
- | to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and |
- | to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations |
have not been met; or |
(2) | to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. |
June Sinclair CA |
The Institute of Chartered Accountants of Scotland |
J S Accounting Services Limited |
13-15 Morningside Drive |
EDINBURGH |
EH10 5LZ |
8 July 2024 |
Cancer Card |
Statement of Financial Activities |
for the Year Ended 31 December 2023 |
31.12.23 | 31.12.22 |
Unrestricted | Restricted | Total | Total |
fund | funds | funds | funds |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies | 2 |
Other trading activities | 3 |
Total |
EXPENDITURE ON |
Raising funds |
Charitable activities |
Total |
NET INCOME |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 36,633 |
Cancer Card (Registered number: SC670718) |
Balance Sheet |
31 December 2023 |
31.12.23 | 31.12.22 |
Unrestricted | Restricted | Total | Total |
fund | funds | funds | funds |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 8 |
CURRENT ASSETS |
Debtors | 9 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 10 | ( |
) | ( |
) | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
NET ASSETS |
FUNDS | 11 |
Unrestricted funds | 31,624 |
Restricted funds | 5,009 |
TOTAL FUNDS | 36,633 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006. |
The trustees acknowledge their responsibilities for |
(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. |
Cancer Card (Registered number: SC670718) |
Balance Sheet - continued |
31 December 2023 |
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
The financial statements were approved by the Board of Trustees and authorised for issue on |
Cancer Card |
Notes to the Financial Statements |
for the Year Ended 31 December 2023 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
Income |
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. |
Expenditure |
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. |
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. |
Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
Computer equipment | - |
Taxation |
The charity is exempt from corporation tax on its charitable activities. |
Fund accounting |
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. |
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. |
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
Pension costs and other post-retirement benefits |
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. |
Cancer Card |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2023 |
2. | DONATIONS AND LEGACIES |
31.12.23 | 31.12.22 |
£ | £ |
Donations |
Gift aid |
Grants |
Grants received, included in the above, are as follows: |
31.12.23 | 31.12.22 |
£ | £ |
Arnold Clark | - | 2,000 |
National Lottery Community Fund | 9,848 | 3,129 |
Pink Ribbon Foundation | 6,000 | 6,000 |
Tesco | 1,125 | - |
Peoples Postcode Lottery | 20,000 | - |
St James Place | 2,500 | - |
Robertson Trust | 8,000 | - |
AABie | 2,500 | - |
Lanarkshire Wind Farm | 5,000 | - |
54,973 | 11,129 |
3. | OTHER TRADING ACTIVITIES |
31.12.23 | 31.12.22 |
£ | £ |
Fundraising events |
Listing fees | 900 | - |
4. | NET INCOME/(EXPENDITURE) |
Net income/(expenditure) is stated after charging/(crediting): |
31.12.23 | 31.12.22 |
£ | £ |
Depreciation - owned assets |
Cancer Card |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2023 |
5. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022. |
Trustees' expenses |
There was £240 paid in respect of trustees expenses in the year ended 31 December 2023 (2022 - £126). |
6. | STAFF COSTS |
The average monthly number of employees during the year was as follows: |
31.12.23 | 31.12.22 |
Admin and project staff |
7. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted | Restricted | Total |
fund | funds | funds |
£ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Other trading activities |
Total |
EXPENDITURE ON |
Raising funds |
Charitable activities |
Total |
NET INCOME |
RECONCILIATION OF FUNDS |
Total funds brought forward | 17,950 | 5,000 |
TOTAL FUNDS CARRIED FORWARD | 31,624 | 5,009 | 36,633 |
Cancer Card |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2023 |
8. | TANGIBLE FIXED ASSETS |
Computer |
equipment |
£ |
COST |
At 1 January 2023 |
Additions |
At 31 December 2023 |
DEPRECIATION |
At 1 January 2023 |
Charge for year |
At 31 December 2023 |
NET BOOK VALUE |
At 31 December 2023 |
At 31 December 2022 |
9. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.23 | 31.12.22 |
£ | £ |
Trade debtors |
Other debtors |
10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.23 | 31.12.22 |
£ | £ |
Trade creditors |
Social security and other taxes | ( |
) |
Other creditors |
Accruals and deferred income |
Accrued expenses |
Cancer Card |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2023 |
11. | MOVEMENT IN FUNDS |
Net |
movement | At |
At 1.1.23 | in funds | 31.12.23 |
£ | £ | £ |
Unrestricted funds |
General fund | 31,624 | 27,398 | 59,022 |
Restricted funds |
Support delivery | 182 | 394 | 576 |
Breast Cancer Journey | 4,827 | (1,013 | ) | 3,814 |
Comfort boxes | - | 10,460 | 10,460 |
9,841 |
TOTAL FUNDS | 37,239 | 73,872 |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 158,100 | (130,702 | ) | 27,398 |
Restricted funds |
Support delivery | 9,848 | (9,454 | ) | 394 |
Breast Cancer Journey | 6,000 | (7,013 | ) | (1,013 | ) |
Comfort boxes | 15,500 | (5,040 | ) | 10,460 |
( |
) | 9,841 |
TOTAL FUNDS | ( |
) | 37,239 |
Comparatives for movement in funds |
Net |
movement | At |
At 1.1.22 | in funds | 31.12.22 |
£ | £ | £ |
Unrestricted funds |
General fund | 17,950 | 13,674 | 31,624 |
Restricted funds |
UN Ltd | 5,000 | (5,000 | ) | - |
Support delivery | - | 182 | 182 |
Breast Cancer Journey | - | 4,827 | 4,827 |
5,000 | 9 | 5,009 |
TOTAL FUNDS | 22,950 | 13,683 | 36,633 |
Cancer Card |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2023 |
11. | MOVEMENT IN FUNDS - continued |
Comparative net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 79,326 | (65,652 | ) | 13,674 |
Restricted funds |
UN Ltd | - | (5,000 | ) | (5,000 | ) |
First aid | 1,000 | (1,000 | ) | - |
Support delivery | 4,130 | (3,948 | ) | 182 |
Breast Cancer Journey | 6,000 | (1,173 | ) | 4,827 |
11,130 | (11,121 | ) | 9 |
TOTAL FUNDS | 90,456 | (76,773 | ) | 13,683 |
A current year 12 months and prior year 12 months combined position is as follows: |
Net |
movement | At |
At 1.1.22 | in funds | 31.12.23 |
£ | £ | £ |
Unrestricted funds |
General fund | 17,950 | 41,072 | 59,022 |
Restricted funds |
UN Ltd | 5,000 | (5,000 | ) | - |
Support delivery | - | 576 | 576 |
Breast Cancer Journey | - | 3,814 | 3,814 |
Comfort boxes | - | 10,460 | 10,460 |
5,000 | 9,850 | 14,850 |
TOTAL FUNDS | 22,950 | 50,922 | 73,872 |
Cancer Card |
Notes to the Financial Statements - continued |
for the Year Ended 31 December 2023 |
11. | MOVEMENT IN FUNDS - continued |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 237,426 | (196,354 | ) | 41,072 |
Restricted funds |
UN Ltd | - | (5,000 | ) | (5,000 | ) |
First aid | 1,000 | (1,000 | ) | - |
Support delivery | 13,978 | (13,402 | ) | 576 |
Breast Cancer Journey | 12,000 | (8,186 | ) | 3,814 |
Comfort boxes | 15,500 | (5,040 | ) | 10,460 |
42,478 | (32,628 | ) | 9,850 |
TOTAL FUNDS | 279,904 | (228,982 | ) | 50,922 |
12. | RELATED PARTY DISCLOSURES |