The Cheer-Up Squad Limited

	Page
Trustees' Report	1—2
Independent Examiner's Report	3
Statement of Financial Activities (including Income and Expenditure Account)	4
Comparative Statement of Financial Activities (including Income and Expenditure Account)	5
Balance Sheet	6
Notes to the Financial Statements	7—12

The trustees present their report and the financial statements for the year ended 31 October 2025.

Objectives and Activities

Aims and Objectives

To provide relief and moral support to sick and ill people of all ages, both in hospital and at home, and to persons in prisons. To uplift and raise their spirits and to improve their condition, in particular (but not exclusively), by arranging visits to and entertainment for the sick, elderly and frail, weekend activities and holidays for sick and ill people together with persons caring for them, and visits to persons in prisons. To give presents to unwell children.

The advancement of such other objects as are charitable according to English law.

Monies are raised through private donations and grants.

Public Benefit

The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.

Reference and Administrative Details

Trustees

Mr David Breuer

Mr Abraham Gluck

Mr Moses Mandel

Charity Number

1139859

Company Number

07419511

Registered Office

107 Dunsmure Road

London

N16 5HT

Independent Examiner

Samuel Feigenblatt FCCA

LONDON ACCOUNTING GROUP LTD

26 Theydon Road
London
E5 9NA

Page 1

Page 2

The Cheer-Up Squad Limited

Trustees' Report (continued)

For The Year Ended 31 October 2025

Small Company Rules

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The trustees' report was approved by the board of trustees and signed on its behalf by:

Mr Moses Mandel

Trustee

18/05/2026

Page 2

Page 3

The Cheer-Up Squad Limited

Independent Examiner's Report to the Trustees of The Cheer-Up Squad Limited

For The Year Ended 31 October 2025

Independent Examiner's Report to the Trustees of The Cheer-Up Squad Limited

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

Responsibilities and Basis of Report

As the charity 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

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:

accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
the accounts do not accord with those records; or
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
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.

Samuel Feigenblatt FCCA

18/05/2026

26 Theydon Road
London
E5 9NA

Page 3

Page 4

The Cheer-Up Squad Limited

Statement of Financial Activities (including Income and Expenditure Account)

For The Year Ended 31 October 2025

Statement of Financial Activities (including Income and Expenditure Account)

				2025	2024
		Unrestricted funds	Restricted funds	Total funds	Total funds
	Notes	£	£	£	£
INCOME AND ENDOWMENTS FROM:
Donations and legacies	3	56,782	83,025	139,807	83,829

EXPENDITURE ON:
Raising funds	5	(15,603 )	-	(15,603 )	(9,856 )
Charitable activities:	5
Charitable activities		(94,238 )	(27,500 )	(121,738 )	(71,394 )
Governance costs		(1,921 )	-	(1,921 )	(900 )
Support costs		(242 )	-	(242 )	(1,042 )

		(112,004 )	(27,500 )	(139,504 )	(83,192 )

NET INCOME		(55,222 )	55,525	303	637


NET MOVEMENT IN FUNDS		(55,222 )	55,525	303	637
RECONCILIATION OF FUNDS:
Total funds brought forward		18,145	10,686	28,831	28,194

TOTAL FUNDS CARRIED FORWARD	14	(37,077 )	66,211	29,134	28,831

The notes on pages 7 to 11 form part of these financial statements.

Page 4

Page 5

The Cheer-Up Squad Limited

Comparative Statement of Financial Activities (including Income and Expenditure Account)

For The Year Ended 31 October 2025

Comparative Statement of Financial Activities (including Income and Expenditure Account)

				2024
		Unrestricted funds	Restricted funds	Total funds
	Notes	£	£	£
INCOME AND ENDOWMENTS FROM:
Donations and legacies	3	39,343	44,486	83,829

EXPENDITURE ON:
Raising funds	5	(9,856 )	-	(9,856 )
Charitable activities:	5
Charitable activities		(37,594 )	(33,800 )	(71,394 )
Governance costs		(900 )	-	(900 )
Support costs		(1,042 )	-	(1,042 )

		(49,392 )	(33,800 )	(83,192 )

NET INCOME		(10,049 )	10,686	637


NET MOVEMENT IN FUNDS		(10,049 )	10,686	637
RECONCILIATION OF FUNDS:
Total funds brought forward		28,194	-	28,194

TOTAL FUNDS CARRIED FORWARD	14	18,145	10,686	28,831

The notes on pages 7 to 11 form part of these financial statements.

Page 5

Page 6

The Cheer-Up Squad Limited

Balance Sheet

As At 31 October 2025

Balance Sheet

				2025	2024
		Unrestricted funds	Restricted funds	Total funds	Total funds
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	9	1,674	-	1,674	2,232

		1,674	-	1,674	2,232
CURRENT ASSETS
Debtors	10	22,674	4,599	27,273	26,259
Cash at bank and in hand		2,145	1,002	3,147	8,232

		24,819	5,601	30,420	34,491
Creditors: Amounts Falling Due Within One Year	11	(61,690 )	60,610	(1,080 )	(3,254 )

NET CURRENT ASSETS (LIABILITIES)		(36,871 )	66,211	29,340	31,237

TOTAL ASSETS LESS CURRENT LIABILITIES		(35,197 )	66,211	31,014	33,469

Creditors: Amounts Falling Due After More Than One Year	12	(1,880 )	-	(1,880 )	(4,638 )

NET ASSETS		(37,077 )	66,211	29,134	28,831

FUNDS OF THE CHARITY
Restricted Funds				66,211	10,686
Unrestricted Funds				(37,077 )	18,145

TOTAL FUNDS	14			29,134	28,831

For the year ending 31 October 2025 the charitable company was entitled to exemption from audit 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 trustees 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 in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

Mr Moses Mandel

Trustee

18/05/2026

The notes on pages 7 to 11 form part of these financial statements.

Page 6

Page 7

The Cheer-Up Squad Limited

Notes to the Financial Statements

For The Year Ended 31 October 2025

Notes to the Financial Statements

1. General Information

The Cheer-Up Squad Limited is a company limited by guarantee, incorporated in England & Wales, registered number 07419511 and registered charity number 1139859 . The registered office is 107 Dunsmure Road, London, N16 5HT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements 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 charitable company is a Public Benefit Entity as defined by FRS 102.

2.2. Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Designated funds comprise unrestricted funds that have been set aside by the trustees for a specific purpose.

Restricted funds are to be used for specific purposes as laid down by the donor.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2.3. Incoming Resources

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy.

2.4. Resources Expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs 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.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

25% reducing balance

2.6. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

3. Income from Donations and Legacies

			2025
	Unrestricted	Restricted	Total
	funds	funds	funds
	£	£	£
Donations and gifts	56,782	-	56,782
Grants	-	83,025	83,025

	56,782	83,025	139,807

Page 7

Page 8

The Cheer-Up Squad Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

			2024
	Unrestricted	Restricted	Total
	funds	funds	funds
	£	£	£
Donations and gifts	39,343	-	39,343
Grants	-	44,486	44,486

	39,343	44,486	83,829

4. Net Income/(Expenditure)

The net income is stated after charging/(crediting):

	2025	2024
	£	£
Depreciation of tangible fixed assets - owned	558	744

5. Analysis of Expenditure

				2025
	Activities undertaken directly	Grant funding of activities	Support costs (see note 6 )	Total
	£	£	£	£
Raising funds	15,603	-	-	15,603
Charitable activities	84,629	5,000	32,109	121,738
Governance costs	85	-	1,836	1,921
Support costs	-	-	242	242

	100,317	5,000	34,187	139,504

			2024
	Activities undertaken directly	Support costs (see note 6 )	Total
	£	£	£
Raising funds	9,856	-	9,856
Charitable activities	37,937	33,457	71,394
Governance costs	-	900	900
Support costs	-	1,042	1,042

	47,793	35,399	83,192

Page 8

Page 9

The Cheer-Up Squad Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

6. Support Costs

				2025
	Charitable activities	Governance costs	Support costs	Total
	£	£	£	£
Employee costs	15,209	80	-	15,289
Premises expenses	16,900	-	-	16,900
General administration	-	676	242	918
Governance costs	-	1,080	-	1,080

	32,109	1,836	242	34,187

				2024
	Charitable activities	Governance costs	Support costs	Total
	£	£	£	£
Employee costs	20,027	-	-	20,027
Premises expenses	13,430	-	-	13,430
General administration	-	-	304	304
Governance costs	-	900	738	1,638

	33,457	900	1,042	35,399

7. Staff Costs

Staff costs were as follows:

	2025	2024
	£	£
Wages and salaries	15,209	20,027

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.

8. Average Number of Employees

Average number of employees during the year was: 3 (2024: 4)

9. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 November 2024	23,235

As at 31 October 2025	23,235

Depreciation
As at 1 November 2024	21,003
Provided during the period	558

As at 31 October 2025	21,561

...CONTINUED

Page 9

Page 10

The Cheer-Up Squad Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

Net Book Value
As at 31 October 2025	1,674

As at 1 November 2024	2,232

10. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	27,273	26,259

11. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	1,080	3,254

12. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	1,880	4,638

13. Loans

An analysis of the maturity of loans is given below:

	2025	2024
	£	£
Amounts falling due between one and five years:
Bank loans	1,880	4,638

14. Movement in Funds

	As at 1 November 2024	Income	Expenditure	As at 31 October 2025
	£	£	£	£
Unrestricted funds
General:
General unrestricted fund	18,145	56,782	(112,004 )	(37,077 )
Restricted funds
Restricted fund	10,686	83,025	(27,500 )	66,211


Total funds	28,831	139,807	(139,504 )	29,134

	As at 1 November 2023	Income	Expenditure	As at 31 October 2024
	£	£	£	£
Unrestricted funds
General:
General unrestricted fund	28,194	39,343	(49,392 )	18,145

...CONTINUED

Page 10

Page 11

The Cheer-Up Squad Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

Restricted funds
Restricted fund	-	44,486	(33,800 )	10,686


Total funds	28,194	83,829	(83,192 )	28,831

15. Transactions with Trustees

During the year the expenses reimbursed to the trustees or paid directly to third parties were as follows:

	2025	2024
	£	£

16. Related Party Disclosures

Page 11

Page 12

The Cheer-Up Squad Limited

Detailed Statement of Financial Activities (including Income and Expenditure Account)

For The Year Ended 31 October 2025

Detailed Statement of Financial Activities (including Income and Expenditure Account)

	2025	2024
	Total funds	Total funds
	£	£
INCOME AND ENDOWMENTS FROM:
Donations and legacies

Donations and gifts	56,782	39,343
Grants	83,025	44,486

	139,807	83,829


	139,807	83,829
EXPENDITURE ON:
Raising funds
Advertising, marketing, direct mail and publicity	(2,831)	(2,579)
Fundraising	(12,772)	(7,277)

	(15,603)	(9,856)
Charitable Activities:
Charitable activities
Food, gifts and activities	(25,465)	(13,812)
Toys and equipment	-	(115)
Admin and project management	(51,942)	(16,900)
Sundries	-	(103)
Insurance	(178)	-
Data and telecommunications costs	(2,743)	(3,377)
Printing, postage and stationery	(3,743)	(2,886)
Grants to individuals	(5,000)	-
Depreciation	(558)	(744)
Wages and salaries	(15,209)	(20,027)
Rent	(16,900)	(13,430)

	(121,738)	(71,394)
Governance costs
Bank interest payable	(85)	-
Travel expenses	(80)	-
Website costs	(552)	-
Sundry expenses	(124)	-
Accountancy fees	(1,080)	(900)

	(1,921)	(900)
Support costs
Professional fees	(176)	-
Bank charges	(66)	(304)
Professional fees	-	(738)

	(242)	(1,042)

	(139,504)	(83,192)

NET INCOME	303	637

Page 12