REGISTERED COMPANY NUMBER: 03334552 (England and Wales)

REGISTERED CHARITY NUMBER: 1062236

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Lady McAdden Breast Cancer Trust

Page

Report of the Trustees

1

to

5

Independent Examiner's Report

6

Statement of Financial Activities

7

Balance Sheet

8

to

9

Notes to the Financial Statements

10

to

17

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 March 2025. 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

Objectives and aims

The objectives of the charity are to preserve and promote the good health of the female population through advice, education and awareness.

The charity is also developing services to support individuals in the Essex locality who are undergoing breast cancer treatment by providing emotional support, and practical care during their treatment journey. Also, to help individuals who have completed their breast cancer treatment navigate life after cancer, the charity is developing services to support the emotional recovery, physical rehabilitation, and reintegration into daily life.

Significant activities

The significant activities of the charity in the year were:

Self referred nurse appointments for Breast Awareness:

Raising Awareness

The team at Lady McAddden continue to work hard at raising awareness, educating women and men about the signs and symptoms of breast cancer. Our nurse team sees people to show them how to check their breast's properly through our self-referral service, whether face to face, by video call or over the phone. The nurse team also offer breast pain clinic sessions, during which they discuss the possible pain triggers and encourage the keeping of a pain diary to help any subsequent investigations.

The service is vital in the fight against breast cancer survival as national figures show that 42% of women who are newly diagnosed have found their changes themselves and the earlier symptoms are detected the better the outcomes. Furthermore, 46% of women admit to not checking their breast's themselves, our service therefore gives women confidence that they know how to perform a breast check correctly and what to look for and is a significant part of our work.

Appointment Statistics

Type of appointment/Year April '23- Mar '24 April '24- Mar '25

Day time 804 572

Evening 205 85

The number of appointments has decreased in the last year and there are several reasons for this. Firstly, the nurse team were operating at half capacity for six months of the year as we had two leavers within a short space of each other and recruitment to replace them took longer than expected. Secondly, we have also seen an increase in the complexity of the appointments meaning when the nurses are seeing women with concerns, a lot of time is going into advocating on their behalf to ensure they are seen and referred when needed, thus reducing the amount of appointment time available.

During the last year, a larger part of our nurse's work has become advocating on behalf of women, to ensure that when they have a concern, they are seen quickly by their GP to start the referral process to the breast unit.

Our nurses are also providing ongoing support to a wide range of women who may be undergoing treatment or have other concerns. 5 people have been diagnosed with a cancer during the last financial year.

Public benefit

The Trustees have reviewed the public benefit the charity provides in line with guidance from the Charity Commission and is satisfied the charity provides due benefit to the public to continue operation.

The trustees are grateful for the continued generous support of all of its benefactors and of donations from the general public, which are essential for the charity's continued survival. Special mention must be made of the trustees' gratitude to all members of staff and volunteers. Without their support and hard work, the charity could not function so successfully or remain at the forefront of breast cancer detection and health education within the community.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

Awareness Events

Through the events held during 2024-25 we have spoken to over 3,000 people highlighting what the charity offers, how to spot the signs of breast cancer and how to check. We carried out a number of supermarket collections which were a great way of raising our profile in the local community, talks were given in a variety of settings- including the Fire HQ at Felsted, WI groups and assemblies in some of the local secondary schools. We also had stands at several community events including, Southend Pride, Health Events at Garons Park, and Community in a Cup.

New awareness projects

At the start of 2025 we successfully applied and received funding from the Health Inequalities Fund for an outreach worker and one of our nurses fulfilled this position. The focus of the outreach project is raising awareness to the learning difficulties and autism communities and whilst the project is still in its infancy, it has been well received and shows there is a huge demand for raising awareness to this population demographic.

During the summer of 2024 we held an art exhibition 'Palette to Prevention'. We had over 30 local artists provide pieces of artwork around the theme of breast cancer. It was held in the Forum, Southend for the month of July. Throughout the month we saw over 500 people engage in the workshops and visit the exhibition. This was a fantastic opportunity in raising awareness to our local community.

New McAdden Sanctuary services

During the last year the charity agreed to expand its mission from just raising awareness to providing support to women (and men) before, during and after a breast cancer diagnosis. Following research and discussions led by our CEO and nurse manager the trustees agreed to pursue funding to support development of a dedicated service delivery space, to be known as 'The McAdden Sanctuary' where provision of such expanded services could take place. The plan is to refurbish our current centre to create a calm, safe space where people who have had or are going through breast cancer, can come and access different sessions that will provide the holistic support as required. A new business plan was developed by the CEO and signed off to enable these new services to progress.

Charity shops

The Tilbury shop continues to thrive and with the cost-of-living crisis we have seen their takings increase to an all-time high. This provides invaluable income to the charity enabling us to deliver the work of supporting women in the before, during and after of breast cancer.

In December 2024 we received the keys to a second shop property that we are renting on Canvey Island. Following the hard work of the team preparing the space, the new Lady McAdden shop opened at the end of January with a new manager and team of volunteers.

Fundraising activities

Fundraising

Our fundraising was a huge success in 2024/25. A programme of 4 ladies' lunches was held across the year with each averaging approximately £3000 of profit for the charity. Given the success of the lunches, we expanded our activities during October's Breast Cancer Awareness month and hit an all-time fundraising high generating over £25,000 in the month. Our first Gala Ball was a significant part of these activities and was a great success. We continue to look at how we can expand our fundraising efforts, particularly in the community and are launching new programmes to encourage more third parties to choose to raise money for us.

During the period under review the charity has performed the following:

804 Day Time Appointments delivered, increased from 441 appointments in 2025.

205 Evening Appointments delivered, increased from 113 appointments in 2025.

175 new people are subscribed to our free text reminder service. During the year, unfortunately 5 people have been diagnosed with a cancer diagnosis within this time period. Currently we are supporting one of these ladies through their diagnosis.

42 events were attended to present awareness talks with the community.

1000 people attended the "Selfie on Sea" project which involved a large empty shop unit in the Royals Shopping Centre being converted into 12 selfie stations for the enjoyment of the community whilst performing outreach work.

90 women attended an International Women's day "Ladies that lunch" event with Gillian Mullane OBE as guest speaker whilst we promoted the services of the charity.

FINANCIAL REVIEW

Investment policy and objectives

Under the Memorandum and Articles of Association, the trustees have discretion to make investments on behalf of the charity that they consider to be appropriate.

The trustees have regard to the liquidity requirements of operating the trust and to the reserves policy in formulating the charity's investment policy. The charity is investing available funds in interest bearing deposit accounts and 2 one-year interest bearing bonds offering some opportunity to earn interest on our deposits.

Reserves policy

The trustees have established a policy whereby unrestricted funds not committed or invested in tangible fixed assets (the "free reserves") held by the charity should be six months of the resources expended. At this level the trustees are of the opinion that they would be able to continue the current activities of the charity in the event of a significant reduction in funding until replacement funding could be obtained or, if this is not sustainable, to enable the trustees to manage the requisite changes in the service provided.

The Trustees also agreed to ring fence some unrestricted reserves to enable execution of the new Business Plan (referenced above), enabling Lady McAdden to extend the services it provides to support those diagnosed with breast cancer and those in remission, two specific ring-fenced projects were agreed as follows:

Current HQ Building usage improvement project: £20,000

Second Shop: (i) Investment of £10,000 to establish the shop and £5,000 per month for 12 months to cover operating costs and get to profitability: £60,000

At 31 March 25 the free reserves amounted to £136,906 in the year to 31 March 2025.

Funds in deficit

The Trustees took the decision at 31st March 2024 to invest funds over the next 2 years to facilitate the growth of the charity for the future. This decision meant a planned deficit for the years ended 31st March 2025 and 31st March 2026 of approximately £30,000 per annum.

This decision was fully considered and deemed an appropriate investment to provide a foundation for growth in future years.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Member's funds

In the event that the charity should be wound up or dissolved and surplus funds remain after all its debts have been satisfied, then the surplus shall be given or transferred to some other charity (or charities) having similar objectives and shall not be paid or distributed to the members of the charity.

The liability of the members is limited and every member of the company undertakes to contribute such amounts as may be required (not exceeding £10) to the charity's assets if it should be wound up while he or she is a member or within one year after he or she ceases to be a member.

The board of trustees administers the charity. The board meets regularly and business managers are appointed by the trustees to manage the day-to-day operations of the charity.

To facilitate effective operations, the business managers have delegated authority, within terms of delegation approved by the trustees, for operational matters including employment and the operation of the breast screening unit awareness services and the shop.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

03334552 (England and Wales)

Registered Charity number

1062236

Registered office

The Lady McAdden Centre

203 Elmsleigh Drive

Leigh on Sea

Essex

SS9 4JH

Trustees

Mrs J L Jones

A Kirkman (resigned 23.10.2024)

Mrs L Marston

Mrs C L Nichols

Mrs C Wyatt

D L Belton (appointed 23.10.2024)

L Gloyne (appointed 23.10.2024)

J M Williams (appointed 23.10.2024)

Independent Examiner

Butlers Chartered Accountants

1434 London Road

Leigh on Sea

Essex

SS9 2UL

Advisers

Bankers:

CAF Bank Limited

25 Kings Hill Avenue

Kings Hill

West Malling

Kent ME19 4JQ

Lloyds Bank plc

25 Gresham Street

London EC2V 7HN

Barclays Bank plc

1 Churchill Place

London E14 5HP

Metro Bank

One Southampton Row,

London

WC1B 5HA

Scottish Widows Bank plc

67 Morrison Street

Edinburgh EH3 8YJ

Approved by order of the board of trustees on 31 October 2025 and signed on its behalf by:

Mrs C L Nichols - Trustee

Independent examiner's report to the trustees of Lady McAdden Breast Cancer Trust ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company 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 your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, 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:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts 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 accounts 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)).

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 accounts to be reached.

Butlers Chartered Accountants provided a mechanical book-keeping services for the charity during the year, which is separable in staffing from the independent examination. The FRC's Revised Ethical Standard hsd been followed in respect of this assignment.

Hayley Meagher FCA

The Institute of Chartered Accountants in England and Wales

Butlers Chartered Accountants

1434 London Road

Leigh on Sea

Essex

SS9 2UL

31 October 2025

31.3.25

31.3.24

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

46,561

-

46,561

114,750

Charitable activities

General

-

19,915

19,915

-

Other trading activities

2

226,877

-

226,877

197,529

Investment income

3

5,656

-

5,656

5,074

Total

279,094

19,915

299,009

317,353

EXPENDITURE ON

Raising funds

152,896

-

152,896

115,788

Charitable activities

General

163,826

6,130

169,956

139,713

Total

316,722

6,130

322,852

255,501

NET INCOME/(EXPENDITURE)

(37,628

)

13,785

(23,843

)

61,852

RECONCILIATION OF FUNDS

Total funds brought forward

669,534

-

669,534

607,388

TOTAL FUNDS CARRIED FORWARD

631,906

13,785

645,691

669,240

31.3.25

31.3.24

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

8

332,949

-

332,949

326,698

CURRENT ASSETS

Debtors

9

22,523

-

22,523

3,247

Cash at bank and in hand

293,124

15,292

308,416

347,818

315,647

15,292

330,939

351,065

CREDITORS

Amounts falling due within one year

10

(16,690

)

(1,507

)

(18,197

)

(8,523

)

NET CURRENT ASSETS

298,957

13,785

312,742

342,542

TOTAL ASSETS LESS CURRENT LIABILITIES

631,906

13,785

645,691

669,240

NET ASSETS

631,906

13,785

645,691

669,240

FUNDS

11

Unrestricted funds:

General fund

216,906

174,240

Designated Property Ownership Fund

325,000

325,000

Designated Building Improvement Fund

30,000

20,000

Designated Charity Shop Expansion Fund

20,000

70,000

Designated Service Development Fund

40,000

80,000

631,906

669,240

Restricted funds

13,785

-

TOTAL FUNDS

645,691

669,240

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 31 October 2025 and were signed on its behalf by:

C L Nichols - Trustee

C Wyatt - Trustee

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, as modified by the revaluation of certain assets.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

in accordance with the property

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Freehold property is held on a fair value basis since 1st April 2024 which was a change from the previous policy of historic cost less depreciation.

The property will be valued every three years by a competent valuer.

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.

2.	OTHER TRADING ACTIVITIES

31.3.25

31.3.24

£

£

Fundraising events

42,701

47,270

Shop income

174,487

144,892

Pop up Shop income

9,689

5,367

226,877

197,529

3.	INVESTMENT INCOME

31.3.25

31.3.24

£

£

Rents received

3,900

2,325

Deposit account interest

1,756

2,749

5,656

5,074

4.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.3.25

31.3.24

£

£

Depreciation - owned assets

568

566

5.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

6.	STAFF COSTS

The average monthly number of employees during the year was as follows:

31.3.25

31.3.24

Charitable delivery

3

3

Nursing

3

4

Fundraising/shop trading

9

5

15

12

No employees received emoluments in excess of £60,000.

7.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

funds

funds

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

114,750

-

114,750

Other trading activities

197,529

-

197,529

Investment income

5,074

-

5,074

Total

317,353

-

317,353

EXPENDITURE ON

Raising funds

115,788

-

115,788

Charitable activities

General

138,094

1,619

139,713

Total

253,882

1,619

255,501

NET INCOME/(EXPENDITURE)

63,471

(1,619

)

61,852

RECONCILIATION OF FUNDS

Total funds brought forward

605,769

1,619

607,388

TOTAL FUNDS CARRIED FORWARD

669,240

-

669,240

8.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST OR VALUATION

At 1 April 2024

325,000

39,515

15,500

380,015

Additions

-

6,819

-

6,819

At 31 March 2025

325,000

46,334

15,500

386,834

DEPRECIATION

At 1 April 2024

-

37,817

15,500

53,317

Charge for year

-

568

-

568

At 31 March 2025

-

38,385

15,500

53,885

NET BOOK VALUE

At 31 March 2025

325,000

7,949

-

332,949

At 31 March 2024

325,000

1,698

-

326,698

Included in cost or valuation of land and buildings is freehold land of £75,000 (2024 - £75,000) which is not depreciated.

Cost or valuation at 31 March 2025 is represented by:

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

Valuation in 2024

(52,189

)

-

-

(52,189

)

Cost

377,189

46,334

15,500

439,023

325,000

46,334

15,500

386,834

If Freehold land and buildings had not been revalued it would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

377,189

377,189

Value of land in freehold land and buildings

75,000

75,000

Freehold land and buildings were valued on an open market basis on 31 March 2024 by estate agents .

9.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

4,800

-

Prepayments and accrued income

17,723

3,247

22,523

3,247

10.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

10,536

4,060

Social security and other taxes

5,449

3,608

Other creditors

848

684

Accrued expenses

1,364

171

18,197

8,523

11.	MOVEMENT IN FUNDS

Net

Transfers

movement

between

At

At 1.4.24

in funds

funds

31.3.25

£

£

£

£

Unrestricted funds

General fund

174,534

(37,628

)

80,000

216,906

Designated Property Ownership Fund

325,000

-

-

325,000

Designated Building Improvement Fund

20,000

-

10,000

30,000

Designated Charity Shop Expansion Fund

70,000

-

(50,000

)

20,000

Designated Service Development Fund

80,000

-

(40,000

)

40,000

669,534

(37,628

)

-

631,906

Restricted funds

Health Inequality Fund

-

13,785

-

13,785

TOTAL FUNDS

669,534

(23,843

)

-

645,691

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

279,094

(316,722

)

(37,628

)

Restricted funds

Health Inequality Fund

19,915

(6,130

)

13,785

TOTAL FUNDS

299,009

(322,852

)

(23,843

)

Comparatives for movement in funds

Net

Transfers

movement

between

At

At 1.4.23

in funds

funds

31.3.24

£

£

£

£

Unrestricted funds

General fund

605,769

55,222

(486,751

)

174,240

Designated Property Ownership Fund

-

8,249

316,751

325,000

Designated Building Improvement Fund

-

-

20,000

20,000

Designated Charity Shop Expansion Fund

-

-

70,000

70,000

Designated Service Development Fund

-

-

80,000

80,000

605,769

63,471

-

669,240

Restricted funds

Gannett Foundation

1,619

(1,619

)

-

-

TOTAL FUNDS

607,388

61,852

-

669,240