Charity registration number 1119516 (England and Wales)
Company registration number 04956925
AFRICAN CARIBBEAN LEUKAEMIA TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
AFRICAN CARIBBEAN LEUKAEMIA TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr J Alamazani
Ms C Dawkins
Ms D De-Gale
Mr D Forbes
Ms S Julien
Ms M E F Meade
Ms L Walker
Senior management
Orin Lewis OBE
Chief Executive Officer
Laverne Walker
Treasurer
Charity number (England and Wales)
1119516
Company number
04956925
Registered office
2a Garnet Road
Thornton Heath
Croydon
Surrey
CR7 8RD
Independent examiner
Perrys Audit Limited
4th Floor
399-401 Strand
London
United Kingdom
WC2R 0LT
Bankers
CAF Bank Ltd
PO Box 289
25 Kings Hill
West Malling
Kent
ME19 4PD
AFRICAN CARIBBEAN LEUKAEMIA TRUST
CONTENTS
Page
Trustees' report
1 - 3
Independent examiner's report
5
Statement of financial activities
6
Balance sheet
7
Notes to the financial statements
8 - 15
AFRICAN CARIBBEAN LEUKAEMIA TRUST
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 JULY 2024
- 1 -

The trustees present their annual report and financial statements for the year ended 31 July 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)".

Objectives and activities

The ACLT is dedicated to raising the awareness of the shortage of Black, Asian, Mixed Race and Minority Ethnic (BAME) donors on the UK Stem Cell (Bone Marrow), Blood and Organ registers, recruits potential donors to come forward at ACLT registration drives via cheek swabs or blood donation and is involved in the process of offering hope and a healthy future to someone whose disorder/condition may otherwise prove fatal. The likelihood of finding a matching donor is considerably greater if the patient and the donor are from the same ethnic background. To relieve, counsel and support persons, in particular those from Minority Ethnic communities suffering with bone marrow/stem cell disorders such as leukaemia, blood disorders such as sickle cell disorder and those in need of an organ transplant.

Our mission is to tackle the health inequalities in the BAME community by increasing the number of lifesaving donors from this group. The ACLT is committed to providing the most convenient, culturally sensitive and most friendly healthcare and wellbeing service to the BAME community in the UK. The ACLT aims to give BAME individuals diagnosed with bone marrow/blood cancers the ability to hope. The charity’s ultimate aim is to accelerate the saving of more lives within the BAME community.

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.

Achievements and performance
Significant activities and achievements against objectives

The ACLT adopts a consultative approach to its work and has evolved to create a service in direct response to what people in the BAME community have told us they need. This has resulted in the following:

 

AFRICAN CARIBBEAN LEUKAEMIA TRUST
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
- 2 -

We achieve our aims through a variety of activities:

 

Financial review

In the year to 31 July 2024 total income for the year amounted to £349,863 (2023: £460,137). The charity ended the year with a deficit of £35,497 (2023: surplus £106,059) before charging depreciation of £12,305 (2023: £11,999). Expenses are detailed in the Statement of Financial Activities on page 7 and analysed in notes 4, 5, 6 and 7. The total funds at 31 July 2024 were £499,376 (2023: £547,178).

Reserves policy

The Trustees are endeavouring to build up its financial donor base with a view to having reserves of up to four months operating expenditure.

 

Structure, governance and management

The Charity is a company limited by guarantee.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mr J Alamazani
Ms C Dawkins
Ms D De-Gale
Mr D Forbes
Ms S Julien
Ms M E F Meade
Ms L Walker
AFRICAN CARIBBEAN LEUKAEMIA TRUST
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
- 3 -
Recruitment and appointment of trustees

When a need arises the power of appointing new Trustees vests with the Trustees at that time.

 

The trustees to retire by rotation shall be those who have been longest in office since their last appointment or reappointment, but as between persons who became or were last reappointed trustees on the same day those to retire shall (unless they otherwise agree among themselves) be determined by lot.

 

No person other than a trustee retiring by rotation shall be appointed or reappointed a trustee at any general meeting unless:

 

(i)    He/she is recommended by the trustees; or

 

(ii)    Not less than fourteen nor more than thirty-five clear days before the date appointed for the meeting, notice executed by a member qualified to vote at the meeting propose that person for appointment or reappointment stating the particulars which would, if he/she were so appointed or reappointed, be required to be included in the Charity’s register of trustees together with a notice executed by that person of his/her willingness to be appointed or reappointed.

 

None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

Organisational structure

Organisational structure

The trustees work together and the decisions are made by all trustees at trustee meetings. Individual trustees take responsibilities for different areas of work, when this is deemed appropriate.

 

Governing document

The African Caribbean Leukaemia Trust (ACLT) is a registered charity, number 1119516. It is also a Company with no share capital, limited by guarantee. The governing document is the Memorandum and Articles of Association incorporated 7.11.2003.

 

Risk management

The Trustees of the ACLT constantly monitor and review the major practical and financial risks to the Trust. The balance sheet highlights the overall financial state of the Trust.

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

Ms L Walker
Trustee
4 April 2025
AFRICAN CARIBBEAN LEUKAEMIA TRUST
STATEMENT OF TRUSTEES' RESPONSIBILITIES  
FOR THE YEAR ENDED 31 JULY 2024
- 4 -

The trustees, who are also the directors of African Caribbean Leukaemia Trust 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. 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.

AFRICAN CARIBBEAN LEUKAEMIA TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF AFRICAN CARIBBEAN LEUKAEMIA TRUST
- 5 -

I report to the trustees on my examination of the financial statements of African Caribbean Leukaemia Trust (the Charity) for the year ended 31 July 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 Companies Act 2006.

Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the Charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

Since the Charity’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, 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 Companies Act 2006.

2

the financial statements do not accord with those records; or

3

the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements 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 financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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.

 

 

Stephen Hale FCA FCCA

Perrys Audit Limited
4th Floor
399-401 Strand
London
WC2R 0LT
United Kingdom
4 April 2025
AFRICAN CARIBBEAN LEUKAEMIA TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 JULY 2024
- 6 -
Unrestricted
Unrestricted
funds
funds
2024
2023
Notes
£
£
Income from:
Donations and legacies
2
347,040
451,278
Charitable activities
3
-
4,210
Investments
4
2,823
4,649
Total income
349,863
460,137
Expenditure on:
Raising funds
5
128,052
97,033
Charitable activities
6
269,613
275,044
Total expenditure
397,665
372,077
Net income/(expenditure) and movement in funds
(47,802)
88,060
Reconciliation of funds:
Fund balances at 1 August 2023
547,178
459,118
Fund balances at 31 July 2024
499,376
547,178

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

AFRICAN CARIBBEAN LEUKAEMIA TRUST
BALANCE SHEET
AS AT 31 JULY 2024
31 July 2024
- 7 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
11
18,917
29,996
Current assets
Debtors
12
28,340
-
Cash at bank and in hand
495,071
548,007
523,411
548,007
Creditors: amounts falling due within one year
13
(21,831)
(5,575)
Net current assets
501,580
542,432
Total assets less current liabilities
520,497
572,428
Creditors: amounts falling due after more than one year
14
(21,121)
(25,250)
Net assets
499,376
547,178
The funds of the Charity
Unrestricted funds
15
499,376
547,178
499,376
547,178

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 July 2024.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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 4 April 2025
Ms L Walker
Trustee
Company registration number 04956925 (England and Wales)
AFRICAN CARIBBEAN LEUKAEMIA TRUST
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
- 8 -
1
Accounting policies
Charity information

African Caribbean Leukaemia Trust is a private company limited by guarantee incorporated in England and Wales. The registered office is 2a Garnet Road, Thornton Heath, Croydon, Surrey, CR7 8RD.

1.1
Accounting convention

The financial statements have been prepared in accordance with the Charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". 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 not to prepare a statement of cash flows.

The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £1.

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

1.2
Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

1.4
Income
Income is recognised when the Charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
AFRICAN CARIBBEAN LEUKAEMIA TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
1
Accounting policies
(Continued)
- 9 -
1.5
Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 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 activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

1.6
Tangible fixed assets

Tangible fixed assets are capitalised if over £500 and are 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:

Computers
25% straight line
Motor vehicles
25% straight line

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
Impairment of fixed assets

At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8
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.

1.9
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.

 

Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

AFRICAN CARIBBEAN LEUKAEMIA TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
1
Accounting policies
(Continued)
- 10 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Charity’s contractual obligations expire or are discharged or cancelled.

1.10
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Income from donations and legacies
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£
Donations and gifts
222,863
285,154
Grants
120,688
157,566
Membership fees
1,764
5,308
Donated goods and services
1,725
3,250
347,040
451,278
AFRICAN CARIBBEAN LEUKAEMIA TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
- 11 -
3
Income from charitable activities
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£
Charitable income
Other income
-
4,210
4
Income from investments
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£
Interest receivable
2,823
4,649
5
Expenditure on raising funds
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£
Fundraising and publicity
Advertising
45,625
24,631
Support costs
82,427
72,402
128,052
97,033
AFRICAN CARIBBEAN LEUKAEMIA TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
- 12 -
6
Expenditure on charitable activities
Charitable expenditure
Charitable expenditure
2024
2023
£
£
Direct costs
Short film
1
18,528
Respite care
421
-
T-shirts
1,045
1,410
Computer database
8,354
-
Daniel De-Gale memorial
-
1,212
ACLT challenge
750
-
10,571
21,150
Share of support and governance costs (see note 7)
Support
256,362
251,487
Governance
2,680
2,407
269,613
275,044
Analysis by fund
Unrestricted funds
269,613
275,044
AFRICAN CARIBBEAN LEUKAEMIA TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
- 13 -
7
Support costs
Support costs
Governance costs
2024
Support costs
Governance costs
2023
Basis of allocation
£
£
£
£
£
£
Depreciation
12,305
-
12,305
11,999
-
11,999

Travel and motor expenses

18,131
-
18,131
-
-
-

Hire purchase interest due

2,557
-
2,557
2,922
-
2,922

Office & general expenses

26,598
-
26,598
32,925
-
32,925

Staff costs

216,001
-
216,001
174,859
-
174,859

Rent

8,354
-
8,354
916
-
916

IT costs

9,521
-
9,521
9,484
-
9,484

Printing and stationery

1,711
-
1,711
1,365
-
1,365
Entertaining
1,994
-
1,994
-
-
-

Consulting

41,617
-
41,617
89,419
-
89,419

Independent examination

-
2,680
2,680
-
2,407
2,407
Governance
338,789
2,680
341,469
323,889
2,407
326,296
Analysed between
Fundraising
82,427
-
82,427
72,402
-
72,402
Charitable activities
256,362
2,680
259,042
251,487
2,407
253,894
338,789
2,680
341,469
323,889
2,407
326,296

 

AFRICAN CARIBBEAN LEUKAEMIA TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
- 14 -
8
Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year.
9
Employees

The average monthly number of employees during the year was:

2024
2023
Number
Number
5
4
There were no employees whose annual remuneration was more than £60,000.
10
Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

11
Tangible fixed assets
Computers
Motor vehicles
Total
£
£
£
Cost
At 1 August 2023
-
47,995
47,995
Additions
1,227
-
1,227
At 31 July 2024
1,227
47,995
49,222
Depreciation and impairment
At 1 August 2023
-
17,999
17,999
Depreciation charged in the year
307
11,999
12,306
At 31 July 2024
307
29,998
30,305
Carrying amount
At 31 July 2024
920
17,997
18,917
At 31 July 2023
-
29,996
29,996
12
Debtors
2024
2023
Amounts falling due within one year:
£
£
Prepayments and accrued income
28,340
-
AFRICAN CARIBBEAN LEUKAEMIA TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2024
- 15 -
13
Creditors: amounts falling due within one year
2024
2023
Notes
£
£
Obligations under finance leases
4,129
4,129
Other taxation and social security
7,902
(594)
Accruals and deferred income
9,800
2,040
21,831
5,575
14
Creditors: amounts falling due after more than one year
2024
2023
Notes
£
£
Obligations under finance leases
21,121
25,250
15
Unrestricted 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.

At 1 August 2023
Incoming resources
Resources expended
At 31 July 2024
£
£
£
£
General funds
547,178
349,863
(397,665)
499,376
Previous year:
At 1 August 2022
Incoming resources
Resources expended
At 31 July 2023
£
£
£
£
General funds
459,118
460,137
(372,077)
547,178
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