EXTERNAL QUALITY ASSESSMENT SERVICES FOR CANCER DIAGNOSTICS C.I.C.

Company limited by guarantee

Company Registration Number:
10585826 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

EXTERNAL QUALITY ASSESSMENT SERVICES FOR CANCER DIAGNOSTICS C.I.C.

Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

EXTERNAL QUALITY ASSESSMENT SERVICES FOR CANCER DIAGNOSTICS C.I.C.

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Principal activities of the company

The company's principal activity during the year was the operation of a worldwide external quality assessment scheme for immunocytochemistry for laboratories.

Additional information

The objects of the company are to carry on activities that benefit the community and in particular (without limitation): To provide an administrative framework supporting the activities of External Quality Assessment (EQA) in cancer diagnostic testing in clinical laboratory sciences. It will operate on a not-for-profit basis; conform to high professional standards; act impartially; be strictly financially accountable. In order that all concerned with the quality of laboratory investigations may have confidence in the services provided, it will assess the quality of clinical laboratory testing in the areas of cancer diagnosis and prediction of treatment response. This testing is carried out in laboratories throughout the UK and worldwide, and by providing external quality assessments, the company will assist healthcare professionals to assure the quality of the work undertaken in their laboratories, which in turn will help to facilitate optimal care for cancer patients undergoing treatment for their disease in the UK and across the world.



Directors

The directors shown below have held office during the whole of the period from
1 April 2024 to 31 March 2025

A R Dodson
S C Parry
L B Whitby
M A Cummins


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
24 December 2025

And signed on behalf of the board by:
Name: A R Dodson
Status: Director

EXTERNAL QUALITY ASSESSMENT SERVICES FOR CANCER DIAGNOSTICS C.I.C.

Profit And Loss Account

for the Period Ended 31 March 2025

2025 2024


£

£
Turnover: 1,703,134 1,762,074
Cost of sales: ( 439,919 ) ( 302,465 )
Gross profit(or loss): 1,263,215 1,459,609
Administrative expenses: ( 1,451,825 ) ( 1,466,185 )
Operating profit(or loss): (188,610) (6,576)
Interest receivable and similar income: 1,859
Interest payable and similar charges: ( 32 )
Profit(or loss) before tax: (186,783) (6,576)
Tax: 17,086 20,488
Profit(or loss) for the financial year: (169,697) 13,912

EXTERNAL QUALITY ASSESSMENT SERVICES FOR CANCER DIAGNOSTICS C.I.C.

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Fixed assets
Intangible assets: 3 112,113 129,913
Tangible assets: 4 333,375 400,649
Total fixed assets: 445,488 530,562
Current assets
Stocks: 5 23,976 21,796
Debtors: 6 966,660 176,984
Cash at bank and in hand: 550,233 678,760
Total current assets: 1,540,869 877,540
Creditors: amounts falling due within one year: 7 ( 976,957 ) ( 212,845 )
Net current assets (liabilities): 563,912 664,695
Total assets less current liabilities: 1,009,400 1,195,257
Provision for liabilities: ( 84,643 ) ( 100,807 )
Total net assets (liabilities): 924,757 1,094,450
Members' funds
Profit and loss account: 924,757 1,094,450
Total members' funds: 924,757 1,094,450

The notes form part of these financial statements

EXTERNAL QUALITY ASSESSMENT SERVICES FOR CANCER DIAGNOSTICS C.I.C.

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 24 December 2025
and signed on behalf of the board by:

Name: A R Dodson
Status: Director

The notes form part of these financial statements

EXTERNAL QUALITY ASSESSMENT SERVICES FOR CANCER DIAGNOSTICS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life.

    Intangible fixed assets amortisation policy

    Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. Amortisation is provided on all intangible fixed assets.

EXTERNAL QUALITY ASSESSMENT SERVICES FOR CANCER DIAGNOSTICS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 13 13

EXTERNAL QUALITY ASSESSMENT SERVICES FOR CANCER DIAGNOSTICS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 April 2024 309,447 309,447
Additions 55,112 55,112
Disposals
Revaluations
Transfers
At 31 March 2025 364,559 364,559
Amortisation
At 1 April 2024 179,534 179,534
Charge for year 72,912 72,912
On disposals
Other adjustments
At 31 March 2025 252,446 252,446
Net book value
At 31 March 2025 112,113 112,113
At 31 March 2024 129,913 129,913

EXTERNAL QUALITY ASSESSMENT SERVICES FOR CANCER DIAGNOSTICS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2024 323,449 537,706 861,155
Additions 0 33,982 33,982
Disposals
Revaluations
Transfers
At 31 March 2025 323,449 571,688 895,137
Depreciation
At 1 April 2024 175,397 285,109 460,506
Charge for year 29,611 71,645 101,256
On disposals
Other adjustments
At 31 March 2025 205,008 356,754 561,762
Net book value
At 31 March 2025 118,441 214,934 333,375
At 31 March 2024 148,052 252,597 400,649

EXTERNAL QUALITY ASSESSMENT SERVICES FOR CANCER DIAGNOSTICS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Stocks

2025 2024
£ £
Stocks 23,976 21,796
Total 23,976 21,796

EXTERNAL QUALITY ASSESSMENT SERVICES FOR CANCER DIAGNOSTICS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Debtors

2025 2024
£ £
Trade debtors 816,532 60,313
Prepayments and accrued income 105,512 55,962
Other debtors 44,616 60,709
Total 966,660 176,984

EXTERNAL QUALITY ASSESSMENT SERVICES FOR CANCER DIAGNOSTICS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

7. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 38,909 84,085
Taxation and social security 122,438 24,466
Accruals and deferred income 774,143 65,273
Other creditors 41,467 39,021
Total 976,957 212,845

COMMUNITY INTEREST ANNUAL REPORT

EXTERNAL QUALITY ASSESSMENT SERVICES FOR CANCER DIAGNOSTICS C.I.C.

Company Number: 10585826 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

The Company has supported the activities of a UK-based external quality assessment (EQA) scheme, which provides its services to healthcare laboratories throughout the world. Currently the number of laboratories receiving EQA services is in excess of 500, with approximately 40% of them being based in the UK. By providing these EQA services the Company through its Scheme allows laboratories to benchmark the quality of their clinical testing activities against those of its peers, providing assurance that the quality of testing is good in the vast majority of cases. Where deficiencies in test quality are identified the Scheme works with the laboratory to improve that quality, through the provision of education and advice.

Consultation with stakeholders

There has been consultation with all stakeholder groups. 1.Clinical laboratories participating in the EQA activities are provided with an annual questionnaire designed to obtain their feedback about all aspects of the EQA services. The company provides an outward-facing website, through which participants may contact the EQA Scheme. 2.The EQA Scheme is part of a wider consortium of similar operations hosted by various legal entities (mainly NHS teaching hospitals). Directors from EQASCD CIC regularly attend joint meetings of that consortium group (up to 7 meetings per year).

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £248,632. There were no other transactions or arrangements in connection with the remuneration of directors which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
24 December 2025

And signed on behalf of the board by:
Name: A R Dodson
Status: Director