Charity Registration No. 1064736 (England and Wales)
Charity Registration No. SC043065 (Scotland)
Company Registration No. 3436893 (England and Wales)
YOUTH CANCER TRUST (UK) LIMITED
(A company limited by guarantee)
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
10 Bridge Street
Christchurch
Dorset
BH23 1EF
YOUTH CANCER TRUST (UK) LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Dr. T Hickish
Ms. J McCarthy
Mr. A McQuin
Mr. M Hillman
Secretary
Ms. G Hillman
Charity number (England and Wales)
1064736
Charity number (Scotland)
SC043065
Company number
3436893
Registered office
The Factory
Poundbury
Peverell Avenue East
Dorchester
United Kingdom
DT1 3WE
Website address
www.youthcancertrust.org
Independent examiner
TC Group
10 Bridge Street
Christchurch
Dorset
BH23 1EF
YOUTH CANCER TRUST (UK) LIMITED
CONTENTS
Page
Trustees' report
1 - 4
Statement of trustees' responsibilities
5
Independent examiner's report
6 - 7
Statement of financial activities
8
Statement of financial position
9 - 10
Notes to the financial statements
11 - 21
YOUTH CANCER TRUST (UK) LIMITED
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 30 JUNE 2024
- 1 -

The trustees, who are also directors of the charity for the purpose of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2024.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's governing document, the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and “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)” (as amended for accounting periods commencing from 1 January 2016).

Objectives and activities

 

Charitable Objectives

The principal objective of Youth Cancer Trust is to provide support and free peer-support activity holidays for teenagers and young adults (aged 14 to 30) living with cancer from across the UK and Ireland. Each young person can be accompanied by a friend or sibling, also at no cost.

 

Services Provided

Youth Cancer Trust delivers its services through:

 

Residential holidays are hosted at Manor Farm Barn and Churn Cottage in Dewlish, Dorset, where activities include horse therapy and arts and crafts. All activities are optional, allowing beneficiaries to relax and recharge in a safe environment.

 

The Trust’s digital support services, hosted on a private Facebook group and Realshare (integrated within the main website), provide a safe space for young people to share experiences, access support groups, and engage in online activities. Realshare is owned and moderated by Youth Cancer Trust to ensure a secure and supportive environment. Additionally, social media channels are actively monitored and used as a tool to provide ongoing engagement and peer support.

 

At the heart of Youth Cancer Trust is our value of ‘empowerment’ — we strive to equip young people with the strength, confidence, and support they need to overcome challenges, build lasting friendships, and embrace life with hope and resilience.

YOUTH CANCER TRUST (UK) LIMITED
TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 30 JUNE 2024
- 2 -
Achievements and performance

 

Residential and Online Support

During the financial year ending 30 June 2024, Youth Cancer Trust successfully operated its residential holiday programme and continued to offer online support via a closed Facebook group and the Realshare platform.

 

Key achievements:

 

The residential holidays and digital support services have been managed by Youth Cancer Trust staff, with significant contributions from Youth Cancer Trust Ambassadors, who provide essential peer support. The Trustees extend their gratitude to all staff and volunteers for their invaluable efforts.

 

Outreach and Awareness

 

The Trustees would like to extend their sincere thanks to all Youth Cancer Trust Ambassadors, supporters, grant-giving trusts, YCT Trading Limited, volunteers, and benefactors for their ongoing commitment to the charity’s mission.

YOUTH CANCER TRUST (UK) LIMITED
TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 30 JUNE 2024
- 3 -
Financial review

The Statement of Financial Activities is shown on page 8 of the financial statements.

 

Due to the uncertain nature of the charity's funding, it has remained the trustees' intention to maintain the charity's contingency reserves at an appropriate level that would enable uninterrupted services to be provided to the sick children and young adults and to cover any unexpected expenditure. At the year end £350,000 was designated for this purpose (2023 - £350,000). There is no planned expenditure date for the designated funds held at the year end.

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

 

At the year end the charity's reserves totalled £357,939 (2023 - £399,154). This was split as follows, £8,289 (2023 - £5,789) as restricted reserves, £350,000 (2023 - £350,000) as designated reserves and -£350 (2023 - £43,365) as unrestricted reserves.

The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Structure, governance and management

Youth Cancer Trust (UK) Limited is constituted as a company limited by guarantee (company registration number 3436893) and is a charity registered for charitable purposes with the Charity Commission in England and Wales (charity registration number 1064736) and in Scotland (charity registration number SC043065).

 

The governing documents are the Memorandum and Articles of Association.

 

The names of the trustees who have served during the year and since the year end are set within Legal and Administrative Information. Trustees are appointed by the Board of Trustees and annually put themselves forward for reappointment by rotation. Any new trustees are provided with new trustee information pack on appointment.

 

The trustees meet quarterly, where possible, but there is also a fund raising committee of volunteers, which meets regularly and then reports to the full Board of Trustees. A trustee is present at the fund raising committee meetings. Key management remuneration is decided by the trustees during a trustee meeting. Trustees related to key management personnel leave the room while the specific employees remuneration is discussed.

 

In the event of the charity being wound up during the period of membership, or within the year following, members are required to contribute an amount not exceeding £10.

 

YOUTH CANCER TRUST (UK) LIMITED
TRUSTEES' REPORT (CONTINUED)(INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 30 JUNE 2024
- 4 -
Plans for future

The Trustees are committed to increasing the number of young people benefiting from Youth Cancer Trust’s services. Future plans include:

 

Accommodation and Service Developments

 

Tribute to the Charity Founder

The Trustees wish to publicly acknowledge the dedication and tireless service of Brenda Clark, the charity’s founder, since its inception in 1997. A formal celebration of Brenda’s contributions will be held in 2025.

 

Collaboration and Peer Support

The Trust recognises the critical role of peer support in reducing isolation for young people diagnosed with cancer. Research highlights its significance from initial diagnosis through treatment, remission, and for those managing long-term effects of cancer.

Youth Cancer Trust remains committed to:

Conclusion

The Trustees remain dedicated to ensuring Youth Cancer Trust continues to deliver its essential support services, bringing empowerment, respite, and meaningful connections to young people living with cancer. The Board thanks all supporters, volunteers, and staff for their unwavering commitment to the charity’s mission.

YOUTH CANCER TRUST (UK) LIMITED
TRUSTEES' REPORT (CONTINUED) (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 30 JUNE 2024
- 5 -

The trustees, who are also the directors of Youth Cancer Trust (UK) Limited for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

 

Company Law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

 

In preparing these financial statements, the trustees are required to:

 

- select suitable accounting policies and then apply them consistently;

 

- observe the methods and principles in the Charities SORP;

 

- make judgements and estimates that are reasonable and prudent;

 

- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

 

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial 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 charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees' report was approved by the Board of Trustees.

Dr. T Hickish
Trustee and Chairman
Dated: 25 March 2025
YOUTH CANCER TRUST (UK) LIMITED
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF YOUTH CANCER TRUST (UK) LIMITED
- 6 -

I report to the trustees on my examination of the financial statements of Youth Cancer Trust (UK) Limited (the charity) for the year ended 30 June 2024.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities and Trustee Investment (Scotland) Act 2005 (the 2005 Act), the Charities Accounts (Scotland) Regulations 2006 (as amended) and the Companies Act 2006 (the 2006 Act). You are satisfied that the financial statements of the charity are not required by charity or company law to be audited and have chosen instead to have an independent examination.

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 44 (1) ( c) of the 2005 Act and section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed the requirements of Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 (as amended) and all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity is required by company law to prepare its accounts on an accruals basis and is registered as a charity in Scotland your examiner must be a member of a body listed in Regulation 11(2) of the Charities Accounts (Scotland) Regulations 2006 (as amended). I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1

accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act and Regulation 4 of the 2006 Accounts Regulations; or

2

the financial statements do not accord with those records; or

3

the financial statements do not comply with the accounting requirements of Regulation 8 of the Charities Accounts (Scotland) Regulations 2006 (as amended) and do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4

the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

YOUTH CANCER TRUST (UK) LIMITED
INDEPENDENT EXAMINER'S REPORT (CONTINUED)
TO THE TRUSTEES OF YOUTH CANCER TRUST (UK) LIMITED
- 7 -

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Dean Pullen FCCA
TC Group
10 Bridge Street
Christchurch
Dorset
BH23 1EF
Dated: 25 March 2025
YOUTH CANCER TRUST (UK) LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 JUNE 2024
- 8 -
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2024
2024
2024
2023
2023
2023
Notes
£
£
£
£
£
£
Income and endowments from:
Donations and legacies
2
238,542
2,500
241,042
164,484
-
164,484
Other trading activities
3
417
-
417
7,739
-
7,739
Other income
4
-
-
-
10,728
-
10,728
Total income
238,959
2,500
241,459
182,951
-
182,951
Expenditure on:
Raising funds
5
37,467
-
37,467
32,670
-
32,670
Charitable activities
6
245,207
-
245,207
270,204
-
270,204
Total expenditure
282,674
-
282,674
302,874
-
302,874
Net income/(expenditure) and movement in funds
(43,715)
2,500
(41,215)
(119,923)
-
(119,923)
Reconciliation of funds:
Fund balances at 1 July 2023
393,365
5,789
399,154
513,288
5,789
519,077
Fund balances at 30 June 2024
349,650
8,289
357,939
393,365
5,789
399,154

The statement of financial activities includes all gains and losses recognised in the year.

 

All income and expenditure derive from continuing activities.

 

The statement of financial activites also complies with the requirements for an income and expenditure account under the Companies Act 2006.

YOUTH CANCER TRUST (UK) LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
30 JUNE 2024
30 June 2024
- 9 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
9
155,641
167,178
Current assets
Debtors
10
25,154
24,024
Cash at bank and in hand
185,078
272,966
210,232
296,990
Creditors: amounts falling due within one year
11
(7,934)
(65,014)
Net current assets
202,298
231,976
Total assets less current liabilities
357,939
399,154
The funds of the charity
Restricted income funds
13
8,289
5,789
Unrestricted funds
14
349,650
393,365
357,939
399,154
YOUTH CANCER TRUST (UK) LIMITED
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT
30 JUNE 2024
30 June 2024
- 10 -

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 June 2024.

The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the 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 company.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on 25 March 2025
Mr. A McQuin
Trustee
Company registration number 3436893 (England and Wales)
YOUTH CANCER TRUST (UK) LIMITED
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
- 11 -
1
Accounting policies
Charity information

Youth Cancer Trust (UK) Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is The Factory, Poundbury, Peverell Avenue East, Dorchester, DT1 3WE, United Kingdom.

1.1
Accounting convention

The accounts have been prepared in accordance with the charity's governing document, the Companies Act 2006, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and “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)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.

 

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest pound.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

In line with many small charities, the charity relies on the continued support from its donations and fundraising activities to fund its costs. The trustees have prepared forecasts for the twelve months from approving these accounts that demonstrate that its expected income will enable the company to meet its liabilities as they fall due. Accordingly, the trustees consider the charity to be a going concern.

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated have been designated for other purposes.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Designated funds are unrestricted funds which the trustees have designated to a particular fund.

YOUTH CANCER TRUST (UK) LIMITED
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
1
Accounting policies
(Continued)
- 12 -
1.4
Incoming resources

Income is recognised when the charity has entitlement to the funds, any performance conditions attached have been met, it is probable that the income will be received and the amount can be measured reliably.

 

Income from grants is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

 

For legacies, entitlement is taken as the earlier has been finalised and notification has been made by the executor(s) to the Trust that a distribution will 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 reliable and the charity has been notified of the executor's intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.

 

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Income is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business.

1.5
Resources expended

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amounts of the obligation can be measured reliably.

 

Expenditure is classified under the following activity headings:

 

- Raising funds are costs incurred in attracting voluntary income and in fundraising events.

 

- Charitable activities include expenditure associated with the provision of holidays and include both direct costs and support costs relation to these activities.

 

Any irrecoverable Value Added Tax has been included with the expense to which it relates.

YOUTH CANCER TRUST (UK) LIMITED
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
1
Accounting policies
(Continued)
- 13 -
1.6
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
2% Straight Line
Freehold improvements
2% Straight Line
Fixtures and fittings
20% Reducing Balance
Computers
33% Reducing Balance
Motor vehicles
20% Reducing Balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.8
Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

1.9
Retirement benefits

Employees of the charity are entitled to join a defined contribution 'money purchase' scheme. The charity contributions is restricted to the contributions disclosed in note 8. There were no outstanding contributions at the year end. The costs of the defined contribution scheme are included within staff costs and charged to the unrestricted funds of the charity.

1.10
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

 

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the statement of financial position as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to net income/(expenditure) for the year so as to produce a constant periodic rate of interest on the remaining balance of the liability.

YOUTH CANCER TRUST (UK) LIMITED
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
1
Accounting policies
(Continued)
- 14 -
1.11
Government grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grant recovered.

 

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

1.12

Taxation

The charity is exempt from corporation tax on its charitable activities.

1.13

Debtors

Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.14

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

2
Unrestricted donations and legacies
2024
2023
£
£
Unrestricted donations
From individuals, companies & clubs
30,693
8,071
From street collections (YCT Fundraising)
28,387
34,089
Donations
55,731
18,477
Gift aid
-
1,674
Friends of YCT
2,642
2,173
Legacies
121,089
100,000
238,542
164,484

 

YOUTH CANCER TRUST (UK) LIMITED
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 15 -
3
Fundraising events
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£

Bournemouth & New Forest Marathon Festival

-
325

Fundraising events, dinners & balls etc

417
4,899
Other trading activities
417
7,739

 

4
Other income
Unrestricted
Total
funds
2024
2023
£
£
Net gain on disposal of tangible fixed assets
-
10,728
YOUTH CANCER TRUST (UK) LIMITED
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 16 -
5

Raising funds

2024
2023
£
£
Fundraising and publicity
Seeking donations, grants and legacies
14,493
4,018
Advertising
5,983
3,615
Staff costs
16,991
25,037
Fundraising and publicity
37,467
32,670
37,467
32,670
6
Expenditure on charitable activities
Total
Total
2024
2023
£
£
Direct costs
Staff costs
69,898
154,611
Depreciation and impairment
5,913
7,770
Telephone
10,787
6,766
Printing, postage and stationary
4,950
855
Patients travel
6,511
2,954
Motor running costs
2,554
2,498
Insurance
5,646
5,238
Light and heat
7,036
3,891
Council tax and water rates
2,479
2,419
Computer costs
2,739
3,449
Sundry expenses
1,489
1,554
Repairs and maintenance
535
1,620
Household
1,552
2,143
Food
3,650
3,764
Activities
6,023
6,000
Cleaning
(258)
1,879
Other charitable expenditure
113,703
62,793
245,207
270,204
Analysis by fund
Unrestricted funds
245,207
270,204
YOUTH CANCER TRUST (UK) LIMITED
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 17 -
7
Net movement in funds
2024
2023
£
£
The net movement in funds is stated after charging/(crediting):
Depreciation of owned tangible fixed assets
5,913
7,771
Loss/(profit) on disposal of tangible fixed assets
615
(10,728)
8
Employees
Employment costs
2024
2023
£
£
Wages and salaries
77,441
113,732
Social security costs
2,250
6,662
Other pension costs
4,346
5,254
Other staff costs
54,000
-
84,037
179,648

Employee costs, excluding "other staff costs" have been allocated in accordance with the activities of the staff: 20% to activities for generating funds and 80% to charitable activities.

 

The number of employees during the year was 3 (2023 - 5).

 

Other staff costs represent the amount payable by the charity as part of a severance agreement which also facilitates the sale of the property as discussed in the 2023 trustees report.

 

No employee received emoluments of more than £60,000 in the year or comparative period excluding the severance agreement stated above.

 

No trustee received any remuneration or reimbursement of expenses in the year.

 

 

YOUTH CANCER TRUST (UK) LIMITED
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 18 -
9
Tangible fixed assets
Freehold land and buildings
Freehold improvements
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
£
Cost
At 1 July 2023
145,828
132,657
51,264
6,695
14,620
351,064
Additions
-
-
-
265
-
265
Disposals
-
-
-
-
(14,620)
(14,620)
At 30 June 2024
145,828
132,657
51,264
6,960
-
336,709
Depreciation and impairment
At 1 July 2023
72,922
45,808
49,763
6,662
8,731
183,886
Depreciation charged in the year
2,917
2,653
300
43
-
5,913
Eliminated in respect of disposals
-
-
-
-
(8,731)
(8,731)
At 30 June 2024
75,839
48,461
50,063
6,705
-
181,068
Carrying amount
At 30 June 2024
69,989
84,196
1,201
255
-
155,641
At 30 June 2023
72,906
86,849
1,501
33
5,889
167,178
10
Debtors
2024
2023
Amounts falling due within one year:
£
£
Prepayments and accrued income
25,154
24,024
YOUTH CANCER TRUST (UK) LIMITED
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 19 -
11
Creditors: amounts falling due within one year
2024
2023
£
£
Obligations under finance leases
-
5,274
Other taxation and social security
3,324
1,186
Trade creditors
362
-
Accruals and deferred income
4,248
58,554
7,934
65,014

The hire purchase liabilities are secured against the assets to which they relate.

12
Retirement benefit schemes
2024
2023
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
4,346
5,254

The charity operates a defined contribution pension scheme for all qualifying employees.

13
Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 July 2023
Incoming resources
At 30 June 2024
£
£
£
Souter Charitable Trust
5,789
-
5,789
Horse Therapy Scheme
-
2,500
2,500
5,789
2,500
8,289
Previous year:
At 1 July 2022
Incoming resources
At 30 June 2023
£
£
£
Souter Charitable Trust
5,789
-
5,789
YOUTH CANCER TRUST (UK) LIMITED
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
13
Restricted funds
(Continued)
- 20 -

The Souter Charitable Trust represents funding towards the transport cost of Scottish patients.

 

The Horse Therapy Scheme represents funds received for the provision of horse therapy.

14
Designated funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

Movement in funds
Balance at 1 July 2023
Transfers
Balance at
30 June 2024
£
£
£
Contingency fund
250,000
-
250,000
YCT youngster activities
50,000
-
50,000
Healthy eating project
50,000
-
50,000
350,000
-
350,000

The trustees have designed the following funds for specific purposes:

 

Contingency fund - due to the uncertain economic environment the trustees look to maintain a contingency fund so that the activities of the charity can continue undisrupted if income falls in future years, this is reviewed annually.

 

YCT for youngster activities - building funds for further activities.

Healthy eating project - to improve the food provision for the young people who reside at Tracy Ann House, in light of the need for specific healthy eating plans and particular dietary requirements during and after a cancer diagnosis, including the dietary needs of people from different faiths.

 

 

YOUTH CANCER TRUST (UK) LIMITED
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 21 -
15
Analysis of net assets between funds

Unrestricted

Restricted

Total
Total
2024
2024
2024
2023
£
£
£
£
Fund balances at 30 June 2024 are represented by:
Tangible assets
155,641
-
155,641
167,178
Current assets/(liabilities)
194,009
8,289
202,298
231,976
349,650
8,289
357,939
399,154
16
Related party transactions

During the year the charity paid professional fees to Sam Becketts Limited of £nil (2023 - £7,838). The charity also paid fees of £33,000 (2023 - £28,500) to Sam Becketts Limited for digital services and costs. Sam Becktts Limited is related to the charity by virtue of the fact that Mr. M Hillman (trustee) and Ms. G Hillman are directors and shareholders in Sam Becketts Limited.

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