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2021-03-31-accounts

Contents
Page number
Chair's Report
Trustees Report (Incorporating
Directors' and		 Strategic Reports)
The Covid-19 pandemic —ayear like no other
Our Income in 2020rr21
How we spent our money 2020/21
The people we help —Kevin's story 12
What we' ve achieved this year 13
How we achieved
it
What we haven't achieved 20
Looking forward 21
Structure, Governance and Management 24
State ment ofTrustees' Responsibilities
for the
Financial Statements and Corporate Governance
Independent
Auditors'		 report to the members of 34
Tenovus Cancer Care
Financial Statements 37
Notes to the financial statements for the year ended 31"March 2021 42
We wanted to thank

Tenovus Cancw C3reA•walRepori & Accounts | YearEnding 31% March 2021 36 A fijrther description of our responsibilities Is available on the FinanciaL Reporting Council s website at.. httpxllwww.frLofg.uklOui-WothlAvditlAudit-and-assurancelStandards-and-widancelStandards-and- gvldancfrfor-auditorslAuditOts-responsibllities-for-auditlDe5UiPtion-of-auditOfS-responsibiiities-for- audiLasp This description form5 part of our auditor's report Extent to which the audit was considered cap(thle of detecting irregularities, including fraud Irregul2rFties, including fravd, are instances of non-coMp￿ance with laws and regulations. We deslgn procedures In ￿ne with our respon5ibiUties, outLined above and on the Financial Reporting CounciL's website, to detect materiaL misstatements in respect of Irregularities. Including fraud. We obtain and update our understanding of t￿ entity, its activities, its control envIron￿￿￿t and likely future developments, incLuding in reLation to the LegaL and regulatory framework appbcabLe and the entity is complying with tlk2t framework. Based on this understanding. we identify and assess the risks of material misstatement of the financiaL statement5, whether due to fraud or error, design and perform audit Pro￿dureS responsive to those risks. and obtain audlt evldence that is sufficient and appropriate to provide a basis for our opinion. This incLude5 consideration of the risk of acts by the entity that were contrary to applicable Laws and reguLatlons, incLuding fraud. In response to the risk of irregJLaritles and non-compLiance with laws and regulations. InclL￿lng fraud. we deslgned procedures which inciLxled: Enquiry of management and those charged wlth govemance around actual and potential Iltlgation and cLaims as welL as actuaL 5uspetted and aiieged fraud., Reviewing minutes of meetlngs of those charged with governance: Assessing extent of comptiance wlth the Laws and reguLations considered to have a direct materlaL effect on the financial statements or the operations of the entity fvough enquiry and inspectlon,. Reviewing financlaL statement discl05ures and testing to supporting documentation to assess Comp￿ance with appLicabLe laws and reguL8tions', Performing audit work over t￿ risk of managempnt bias and override of controls, including testing of journal entries and other adjustments for approprlateness, evaluating the business rationaLe of significant transactions outside ￿ nor￿[ course of business and reviewing accounting estlmates for indicators of potential bias. Because of the Intr￿ent Umitatlons of an audit, tlEre is a risk that we WILL not detect ali irregularities. including t￿)Se Leading to a material misstatement in the financiaL statements or non-compliance with reguLition. This risk increases the more that compliance with a law or reguLation is removed from the events and transartions refiected in the financial State￿￿ntS, as we will be less Likely to become aware of instances of non-compliance. The rlsk of not detecting a materiaL misstatement resuLting from fraud Is hlgher than for one ￿SuLt1rKj from error, as fraud may invoLve coLLuslon, forgery, Intentional omissions, misrepresentations, or override of internal control. Use of our report This report is made soLeLy to the charitabLe coryary's ff*mbers, as a body. in accordance with Chapter 3 of Part16 of the Companles Act 2006. Our audit work has been undertaken so that we mlght state to the charitable CoMpa￿S members those matters we are requlred to state to them in an auditor's report and for no other purpose. To the fuLLest extent permitted by law, we do not accept or assurre ￿SPOnsIblUty to anyone other than the charitabLe company 3nd the charitsble companls members as a body, for our audit worK for this repo¢ or for the opinions we have formed. Sarah Case FCA DthA-1Senior Statutory Auditor) For and on behalf of Azets Audit Services. Chartered Accoun Ty Dern. Lime Tree C¢JUrt, Cardlff ￿sIneSS Gate Cardlff CF23 8AB nts Statutory Auditor 17-3-2olJ

xpenditure
account and s		 tatement ofrecognised
gain		 ofrecognised
gain		 s and losses). s and losses).
Note Unrestricted Restricted Total 2021 Total 2020
Funds 2021 Funds 2021
f f
INCOME &
ENDOWMENTS
FROM:
Donations
&Legacies		 2 3,315,498 245,159 3,560,657 2,657,701
Charitable
Activities		 61,931 61,931 178,205
Total Fundraising 3,315,498 307,090 3,622,588 2,835,906
Income
Expenditure
Raising funds— 969,884 188,810 1,158,694 1,019,293
donations
&legacies
Total Fundraising 969,884 188,810 1,158,694 1,019,293
Expenditure
Fundraising 2,345,614 118,280 2,463,894 1,816,613
Contribution
Job Retention Scheme 1,250,012 1,250,012
Covid Retail Grants 1,032,143 1,032,143
Investment
income		 45,440 45,440 115,112
Other income 1,350
Total Contribution 3,423,197 1,368,292 4,791,489 1,933,075
from Income &
Endowments
Retail Operations 1,585,340 1,585,340 5,206,993
Trading
Income
Retail Operations 2,896,589 825,706 3,722,295 4,696,610
Trading
Expenditure
Contribution
from		 (1,311,249) (825,706) (2,136,955) 510,383
Retail Operations
Other Trading Activities 603,165 603,165 527,906
Income
Other Trading Activities 261,313 261,313 466,753
Expenditure
Contribution
from		 341,852 341,852 61,153
Other Activities
Total Contribution (969,397) (825,706) (1,795,103) 571,536
from Trading Activities
Year Endin
31eINsrch 2		 02 1 38
Consolidated
Statement		 of Financial Activities for the year ended 31 March 2021 (incorporating income and
expenditure
account and		 statement of recognised
gains and losses) continued.
Net income available for 2,453,800 542,586 2,996,386 2,504,611
Charitable
Activities
Charitable
Expenditure
Grants to research Sa 132,375 36,813 169,188 740,421
o
anisations
Patient Services Sb 620,815 509,487 1,130,302 1,920,627
Sing with Us Support Sc 281,953 197,952 479,905 624,363
Grou s
Policy 8 Campaigns Sd 60,272 9,181 69,453 313,173
Total Charitable 1,095,415 753,433 1,848,848 3,598,584
E
enditure
Net income before 1,358,385 (210,847) 1,147,538 (1,093,973)
(loss) /gain on
investments
Represented
by
Total Income 6,561,586 1,557,102 8,138,688 8,687,267
Total Expenditure 5,223,201 1,767,949 6,991,150 9,781,240
Net 1,358,385 (210,847) 1,147,538 (1,093,973)
income/expenditure
before (loss) /gain on
investments/fixed
assets
Net (loss) /gain on 16 701,768 701,768 (284,829)
investments
Transfer between 3,553 (3,553)
funds
Losses on disposal of 13 (28,289) (2,993) (31,282) (534)
fixed assets
Net movement
in funds		 2,035,417 (217,393) 1,818,024 (1,379,336)
Reconciliation
offunds		 21
Funds brought
forward		 at 2,950,263 1,257,808 4,208,071 5,587,407
1 April 2020
Total funds carried 21 4,985,680 1I040,415 6,026,095 4,208,071
forward at 31 March
2021

Group Charity
Note 2021 2020 2021 2020
6 6 6
FIXEDASSETS
Tangible assets 1,543,457 1,895,554 1,543,457 1,895,554
Intangible
assets		 15 76,268 94,790 76,268 94,790
Investments 16 4,022,759 2,940,386 4,022,759 2,940,386
5,642,484 4,930,730 5,642,484 4,930,730
CURRENT ASSETS
Stock 17 58,789 111,770
Debtors 18 717,419 1,306,285 805,047 1,289,639
Cash at bank and in hand 1,048,822 102,242 959,555 24,113
1,825,030 1,520,297 1,764,602 1,313,752
CURRENT LIABILITIES
Creditors:
amounts		 falling 19 (1,137,707) (1,813,127) (1,084,630) (1,616,433)
due within one year
NET CURRENT 687,323 (292,830) 679,972 (302,681)
ASSETS/(LIABILITIES)
Creditors:
amounts		 falling 19 (303,712) (429,829) (303,712) (429,829)
due more than one year
TQTAL ASSETS 6,026,095 4,208,071 6,018,744 4,198,220
FUNDS
Unrestricted
Parent charity 4,978,329 2,940,412 4,978,329 2,940,412
Subsidiary
Company		 21 7,351 9,851
Total unrestricted funds 4,985,680 2,950,263 4,978,329 2,940,412
Restricted
Parent charity 21 1,040,415 1,257,808 1,040,415 1,257,808
6,026,095 4,208,071 6,018,744 4,198,220

2021 2020
E E
CASH FLOWS FROM OPERATING ACTIVITIES
Net cash provided/
(used in) operating		 activities 1,297,916 (34,060)
(Noted on Page 41)
CASH FLOWS FROM INVESTING ACTIVITIES:
Interest received 241
Dividends
from investments		 45,436 114,871
Dividends
re-invested		 17,034
Proceeds from sale ofinvestments 1,961,286 1,662,659
Proceeds from sale offixed assets 93,633
Foreign exchange gains/losses 946 (2,305)
Purchase oftangible
and intangible		 assets (51,107) (988,968)
Purchase ofinvestments (2,234,127) (735,658)
NET CASH PROVIDED BYINVESTING ACTIVITIES (166,895) 50,840
CASH FLOWS FROM FINANCING ACTIVITIES:
Net change
in cash and short term		 deposits (investment (125,760) 98,896
assets)
NET CASH FLOWS PROVIDED BY/(USED IN) (125,760) 98,896
FINANCING
ACTIVITIES
Change
in cash and cash equivalents		 in the reporting 1,005,261 115,676
period
Cash and cash equivalents
atthe beginning		 ofthe reporting 43,561 (72,115)
period
Cash
and cash
equivalents
at the		 end of the reporting 1,048,822 43,561
period (Note 23)
2021f 2020f
Net income/(expenditure) forthe reporting period before gains and losses 1~"47538 ("093973)
on investments
and
fixed assets		 (as per the statement of financial
activities)
Depreciation/amortisation oftangible and intangible fixed assets 296,811 253,741
Investment
income receivable		 (45,440) (115,112)
(Increase)/decrease
in		 debtors 588,866 771,084
Increase/(decrease)
in		 creditors (742,840) 222,048
Decrease/(increase)
in		 stocks 52,981 (71,848)
NET CASH USED IN OPERATING ACTIVITIES (PAGE 40) 1,297,916 (34,060)

2. DONAT IONS & LEG A CIES
Unrestrictedf Restrictedf 2021f 2020
Donations & Gifts 576,768 9,578 586,346 806,523
Legacies 2,579,999 20,678 2,600,675 1,559,675
Trusts 8 Grants 5,278 214,905 220,183 156,722
Donated Goods 8 Services 153,453 153,453 134,781
3,315,498 245,159 3,560,657 2,657,701
3. CHARITABLE ACTIVITIES
Unrestricted Restrictedf 2021f 2020f
Welsh Government 156,079
Single Advice Fund 61,931 61,931 22,126
61,931 61,931 178,205
4.OTHER TRADING ACTIVTIES
2021f 2020f
Retail Operations
Shop income 1,478,915 5,021,818
New Goods in Trading Subsidiary (4a) 106,425 185,175
1,585,340 5,206,993
Other Trading activities
Mobile Unit Income in Trading Subsidiary (4a) 124,024 75,750
Contribution to Mobile Units within Charity 148,680 29,088
Events 29,307 128,294
Lottery 301,154 294,774
603,165 527,906
2,188,505 5,734,899
2021 2020
INCOME 6 EXPENDITURE ACCOUNT 6 6
Turnover
New Goods 106,425 185,175
Mobile Unit 124,024 75,750
230,449 260,925
Net operating expenses new goods (145,821) (144,438)
Net operating expenses mobile unit (83,833) (46,822)
Operating
surplus		 795 69,665
Prior year funds 2,500
Amount covenanted to Tenovus Cancer Care (3,295) (69,665)
Retained
in subsidiary
A summary
of		 its aggregate assets, liabilities and funds isas follows:
.Assets 194;174 252,340
Liabilities (186,823) (242,489)
Funds 7,351 9,851

Unrestrictedf Unrestrictedf Unrestrictedf Restricted 2021
6		 2020f
Dividend
income		 45,436 45,436 114,871
Interest receivable 4 4 241
45,440 45,440 115,112
6.EXPENDITURE FOR RAISING DONATIONS LEGACIES AND
OTHER
Unrestricted Restricted 2021 2020
6 6 6 6
Donations 8 Gifts (6a) 595,348 188,810 784,158 697,200
Donated goods and services (6b) 153,453 153,453 134,781
Legacies and Trusts 200,738 200,738 163,519
Investment
Management		 Costs 20,345 20,345 23,793
969,884 188,810 1,158,694 1,019,293
6a. DONATIONS &GIFTS Unrestricted Restricted 2021 2020
6 6 6
Staff &other related costs 168,956 188,810 357,766 389,335
Other overhead costs 43,557 43,557 71,798
Support costs 382,835 382,835 236,067
595,348 188,810 784,158 697,200
6b.DONATED GOODS &SERVICES Unrestricted Restricted 2021 2020
6 6 6 6
Publicity 91,211 91,211 94,414
Mobile
Support		 Unit equipment & 25,000 25,000 40,000
services
Rent 36,875 36,875
Goods &Services 367 367 367
153,453 153,453 134,781
Unrestricted Restricted 2021 2020
Funds Funds
E
7a. RETAIL SHOP COSTS
Staff &other related costs 1,053,716 782,023 1,835,739 2,139,427
Rent, rates &insurance 973,956 973,956 1,132,257
Other costs 133,656 1,200 134,856 357,742
Utilities 82,230 82,230 239,453
Consumables 38,624
Repairs 8 renewals 15,828 15,828 119,908
Depreciation 15,937 15,937 19,607
Bad debts 35,512
Support costs 475,445 42,483 517,928 469,642
2,750,768 825,706 3,576,474 4,552,172
8.COST OF CHARITABLE ACTIVITIES
Unrestricted Restricted 2021 2020
Funds Funds
E 8
Sa.
GRANTS
TO		 INSTITUTIONAL RESEARCH
ORGANISATIONS
University
of Cardiff		 (10,569) (10,569) 440,129
University
ofWales Bangor		 41,206 41,206
Swansea Bay UHLB (Lymphoedama Network Wales) 57,000
University
ofSwansea		 37,706
Valindre Cancer Care (83) (83) 9,535
University cfAberystwylh (4,797) (4,797) (9,064)
CardN &Vale UHB (30,000) (30,000) (374)
Morriston
Hospital		 (5,883)
(managed
by Swansea Bay UHLB)
Princess ofWales (590)
(managed
by Cwm Taf Morgannwg		 UHLB)
Direct costs (sai) 66,977 31,132 98,109 158,863
Support costs (9) 69,641 5,681 75,322 53,099
132,375 36,813 169,188 740,421
otes to the financial statements for the year ended 31 March 2021 —continued
Unrestricted Restricted 2021 2020
Funds Funds
f f
Sai. DIRECT COSTS
Staff &other related costs 57,342 31,132 88,474 87,961
Other research costs 17,126 17,126 49,306
Direct overheads (7,491) (7,491) 21,596
66,977 31,132 98,109 158,863
rises. This liability amounted
tof407,2		 rises. This liability amounted
tof407,2		 47at 31 March 202 1 (2019/20:f59 7,987).
8b. PATIENT SERVICES Unrestricted
Fundsf		 Restricted
Fundsf		 2021f 2020f
Staff &other related costs 165,713 83,314 249,027 713,005
Depreciation 493 16,335 16,828 17,554
Direct overhead costs 1,234 21,856 23,090 110,322
Grant 85,800 85,800
Support costs (9) 60,310 31,417 91,727 349,609
Mobile Support Unit direct costs 282,508 261,750 544,258 573,024
Mobile Support Unit support costs (9) 110,557 9,015 119,572 157,113
620,815 509,487 1,130,302 1,920,627
8c.SUPPORT GROUPS
Unrestricted
Funds		 Restricted
Fundsf		 2021f 2020f
Staffcosts 94,570 132,818 ~227,388 353,936.
Direct overhead costs 15,924 50,561 66,485 49,214
Travel &Subsistence 24,186
Room hire (7,249) (7,249) 27,725
Support costs (9) 178,708 14,573 193,281 169,302
281,953 197,952 479,905 624,363
sd. CAMPAIGNS &POLICY
Unrestricted
Fundsf		 Restricted
Fundsf		 2021f 2020f
Staff costs 41,249 7,946 49,195 181,383
Direct overhead costs 3,879 3,879 41,007
Campaign
costs		 20,724
Support costs (9) 15,144 1,235 16,379 70,059
60,272 9,181 69,453 313,173

9.SUPPORT COSTS Total
Other overhead Staff costs Total 2021 2020
6 8
Retail &Subsidiaries 200,297 363,166 563,463 516,735
Costs ofRaising Funds 147,311 267,097 414,408 250,008
Patients Services 32,607 59,120 91,727 349,609
Mobile Support Units 42,505 77,067 119,572 157,113
Support Groups 68,706 124,575 193,281 169,302
Campaigns
&Policy		 5,822 10,557 16,379 70,059
Research 26,759 48,563 75,322 53,099
524,007 950,145 1,474,152 1,565,925
10.STAFF COSTS AND TRUSTEES' REMUNERATION
2021 2020
6 5
Wages &salaries 3,671,848 4,677,203
Redundancy
&termination		 payments 84,336 73,392
Social security costs 261,989 368,915
Other pension costs (note 24) 159,243 201,974
4,177,416 5,321,484
The number
of higher paid employees		 was as follows:
2021 2020
Number Number
f60,001 - 870,000
f80,001 - K90,000
The number of higher paid employees for whom retirement benefits are accruing:
2021 2020
Number Number
E60,001 - 870,000
F80,001 - 890,000
2021 2020
Number Number
660,001 - 870,000 8,295 17,946
f80,001 - K90,000 6,145 4,994

11.STAFF NUMBERS
2021 2020
Number Number
Average number ofemployees
(full time equivalent)		 154 205
Patient Services —costs allocated tostatement
offinancial activities
—patient services		 15 30
Research —costs allocated
to statement
of financial		 activities—
research costs
Support Groups —costs allocated to statement
offinancial activities
—support groups
Income Generation
Department —allocated to statement
activities—		 offinancial 12 17
Head Office —allocated to statement
offinancial activities		 17 22
Campaigns
&Policy —allocated to statement
offinancial		 activities 1 4
Marketing
8 Communication
—allocated to statement		 of financial
activities
Shops —allocated to the statement
offinancial
activities		 97 109
205
12.NET INCOME/ (EXPENDITURE) FOR THE YEAR
As permitted
by Section 230 of the Companies
Act 2006,		 the parent company's income and expenditure
account has not been included
in these financial statements.
The net income/(outgoing)
resources for the year are made		 up 2021 2020
aa follows: L' L
Income generated
by parent charitable
company		 7,908,239 8,426,342
Expenditure
by parent charitable
company		 (6,761,496) (9,589,980)
Share of net
income/(expenditure)
resources
generated		 by 795 69,665
subsidiary
in year and covenanted
to this company
(Note 4a)
1,147,538 (1,093,973)

Net incoming resources resources resources for the year is stated year is stated after 2021 2020
charging: 6 6
Gift Aid income 69,036 331,179
Depreciation
of		 tangibles 262,479 235,647
Amortisation
of		 Intangibles 34,332 18,094
Auditors'
remuneration		 —audit fee 12,570 12,332
Land and buildings operating
lease costs		 1,063,723 1,141,873
Other operating lease costs 32,768 19,513
Profit/(loss)
on disposal		 of tangible fixed assets (31,282) (534)
14.TANGIBLE FIXED ASSETS
Charity &Group
Leasehold Motor Furniture, Mobile Support Short TOTAL
shop vehicles fittings & Units leasehold
improvements equipment premises
Cost
At 1 April 2020 288,990 32,122 398,532 2,407,077 394,602 3,521,323
Additions 34,397 600 35,297
Disposals (84,387) (26,517) (394,602) (505,506)
At 31 March 2021 239,300 32,122 372,615 2,407,077 3,051,114
Depreciation
At 1 April 2020 208,226 32,122 303,942 791,777 289,702 1,625,769
Charge for the
year 17,517 25,311 203,724 15,927 262,479
Eliminated
on		 (54,122) (20,840) (305,629) (380,591)
disposal
At 31March 2021 171,621 32,122 308,413 995,501 1,507,657
Net Book Value 67,679 64,202 1,411,576 1,543,457
at 31 March 2021
Net BookValue at 80,764 94,590 1,615,300 104,900 1,895,554
31 March 2020

Charity &Group
Software TOTAL
Acquisition
Cost
At 1 April 2020 134,506 134,506
Additions 15,810 15,810
Disposals
At 31 March 2021 150,316 150,316
Amortisation
At 1 April 2020 39,716 39,716
Charge forthe year 34,332 34,332
Eliminated
on disposal
At 31 March 2021 74,048 74,048
Net Book Value at 31 76,268 76,268
March 2021
Net Book Value at 31 94,790 94,790
Hlarch 2020

FIXEDASSET IN FIXEDASSET IN VESTME NTS
Group &Charity 2021 2020
6 6
Fair value at 1 April 2020 2,940,386 4,248,823
Less: disposals at opening book value (1,648,757) (1,604,520)
Add:
acquisitions		 at cost 2,234,127 735,658
Net unrealised investment gains/(losses) 371,243 (340,681)
Increase/(decrease) in cash as held as part of investment 125,780 (98,894)
parffoli
Fairvalue at 31 March 2021 4,022,759 2,940,386

Notes tothe financial statemen ts
forthe year end		 ed
31 March 2021
co		 ntinued
Split by:
Fixed Asset Investments 4,022,759 2,940,386
Represented
by:
Quoted
UK Investments
Fixed Interest Stock, UK Government 55,428 36,136
Corporate
bond and bond funds		 391,328 247,981
Equities 2,754,055 1,819,253
Other Investments 670,609 811,437
Cash held as part ofinvestment portfolio 151,339 25,579
Fair value at 31 March 2021 4,022,759 2,940,386
Cost at 31 March 2021 3,492,675 2,995,146

Group Group Charity
2021 2020 2021 2020
6 E E E
Greeting cards &merchandise 58,789 111,770
58,789 111,770
18.DEBTORS
Group Charity
2021 2020 2021 2020
Amounts
falling due within one year:		 6 E E E
Trade debtors 130,028 47,693 93,952 27,077
Amount due from subsidiaries 133,746 45,795
Other debtors 14,763 55,852 14,762 55,854
Prepayments 363,281 529,146 363,240 529,104
Accrued Income 209,347 673,594 199,347 631,809
717,419 1,306,285 805,047 1,289,639
19.CREDITORS
Group Charity
2021 2020 2021 2020
Amounts
falling due within one year:		 6 6 E, E
Bank overdraft 58,681 58,681
Trade creditors 99,163 646,139 99,110 543,390
Accruals 624,911 763,254 621,941 760,284
Deferred income 133,485 122,790 96,933 46,108
Other creditors 280,148 222,263 266,646 207,970
1,137,707 1,813,127 1,084,630 1,616,433

Group Group Charity Charity
Amounts falling due after one year: 2021 2020
E		 2021
8		 2020
f
Other creditors 303,712 429,829 303,712 429,829
303,712 429,829 303,712 429,829
ther creditors
include the liability for		 repayment of monies to the Moondance
Foundation,
research
and
rant commitments due after 1 year. Following discussions
with		 Moondance
Foundation
they		 have kindly
greed to defer the agreed repayment schedule that was due to continue
on a quarterly
basis		 until August
021 as a result of Covid-19 impact on the charity. We are in ongoing
discussions
with		 Moondance
oundation on repurposing
part of this		 liability to fund a specific project proposal which
may		 reduce
this
utstanding liability in the future.
Group Charity
DEFERRED INCOME 2021 2020 2021 2020
6 f 6
Opening Balance 122,790 17,271 46,108 17,271
Released in the year (214,363) (99,850) (146,753) (99,850)
Deferred in the year 225,058 205,389 197,578 128,687
Closing Balance 133,485 122,790 96,933 46,108

0. FINANCIAL
INST		 RUMEN TS
Group Charity
2021 2020 2021 2020
E E E E
Financial assets measured at fair
value
Investments 4,022,759 2,940,386 4,022,759 2,940,386
4,022,759 2,940,386 4,022,759 2,940,386
Financial assets measured at
amortised cost
Trade debtors 130,028 47,693 93,952 27,077
Other debtor transactions 224,110 729,446 347,855 733,458
Cash 1,048,822 102,242 959,555 24,113
1,402,960 879,381 1,401,362 784,648
Financial
liabilities		 measured at
arnortised
cost
Bank overdraft 58,681 58,681
Trade creditors 99,163 646,139 99,110 543,390
Other creditor transactions 1,208,771 1,415,346 1,192,299 1,398,083
1,307,934 2,120,166 1,291,409 2,000,154
Notes to the finan cial statements for the year ended 31 Mar ch 2021 —co ntinued
21.FUNDS
Balance at Income Expenditure Investment Transfers Balance at
1 April 2020 gains/
losses		 between
Funds		 31
March
E 2021
E
Unrestricted
General
Fund		 2,676,645 6,201,137 (4,943,462) 673,479 (725,990) 3,861,809
Designated
Funds
Development
of		 120,857 (4,337) 116,520
Sustainable
Income
Streams Fund
Development
of		 25,057 (25,057)
Charitable
Activity
Office Move Fund 27,853 (20,691) 32,838 40,000
Property Upgrade 90,000 50,000 140,000
Fund
Mobile Units 150,000 150,000
Community
insight		 200,000 200,000
and Emotional
support
Increased
Digitalisation
across		 150,000 150,000
the Charity
Lung Cancer
Screening
Fund		 100,000 100,000
Retail Improvement
Programme 200,000 200,000
Total Unrestricted 2,940,412 6,351,137 (4,993,547) 673,479 6,848 4,978,329
Restricted
Equipment
Fund		 13,855 3,910 17,765
Mobile
Units
Capital
Fund 1,002,590 (139,152) 863,438
Mobile
Units
Running
Costs Fund 48,773 (91,675) (970) 12,977
Research Fund 6,000 (6,000)
Retail Fund 26,344 (1,200) 25,144
Support Services Fund 25,143 197,478 (110,376) (2,993) 109,252
Support Groups Fund 62,853 24,585 (74,047) (1,552) 11,839
Velindre
Fund		 96,518 (101,487) 4,969
Job Retention Scheme 1,250,012 (1,250,012)
Fund
Total Restricted 1,257,808 1,557,102 (1,767,949) (2,993) (3,553) 1,040,415
Total Charity 4,198,220 7,908,239 (6,761,496) 670,486 3,295 8,018,744
Total Subsidiary (4a) 9,851 230,449 (229,654) (3,295) 7,351
Total Group 4,208,071 8,138,688 (6,991,150) 670,486 8,026,095

Tenovus Cancer Care
Annual
Report &Accounts
Year Endin
31"INarch 2021		 Tenovus Cancer Care
Annual
Report &Accounts
Year Endin
31"INarch 2021		 Tenovus Cancer Care
Annual
Report &Accounts
Year Endin
31"INarch 2021		 Tenovus Cancer Care
Annual
Report &Accounts
Year Endin
31"INarch 2021		 65
Notes to the financial statements for the year ended 31March 2021 - continued
21.FUNDS -Comparative Reserves
Balance Income Expenditure Investment Transfers Balance at 31
at 1 April gains/ between March 2020
2019 losses Funds
Unrestricted
General
Fund		 3,683,657 8,059,824 (8,657,673) (285,363) (123,800) 2,676,645
Designated
Funds
Development
of		 125,792 (4,935) 120,857
Sustainable
Income
Streams
Fund
Development
of		 72,629 (47,572) 25,057
Charitable
Activity
Office Move Fund (10,480) 38,333 27,853
Property Upgrade 73,686 (30,235) 46,549 90,000
Fund
Total Unrestricted 3,955,764 8,059,824 (8,750,895) (285,363) (38,918) 2,940,412
Restricted
Campaign
fund		 3,308 (3,308)
CSTActivity Fund 13,744 (5,904) 7,840
Equipment
Fund		 17,487 (3,632) 13,855
Mobile Unit 1 Capital 9,242 (1,411) (5,929) 1,902
Fund
Mobile Unit 1— 89,316 (13,134) 107,684 183,866
Redesign
Fund
Mobile Unit 2 Capital 186,325 (38,550) 147,775
Fund
Mobile Unit 3 Capital 748,538 (79,491) 669,047
Fund
Mobile Unit 2 24,900 (9,385) 15,515
Running
Costs Fund
Mobile Unit 3 189,786 27,284 (163,236) 53,834
Running
Costs Fund
Moondance
Fund		 250,000 (250,000)
Research
Fund		 19,382 (19,382)
Single Advice Fund 22,126 (21,014) 1,112
Specific Area Fund 4,367 5,435 (6,111) 3,691
StJames Place 8,680 (8,680)
Fund
Support Groups 5,849 94,260 (44,084) 6,828 62,853
Fund
Welsh Government 156,079 (156,079)
Velindre
Fund		 112,202 (15,684) 96,518
Total Restricted 1,621,792 366,518 (839,085) 108,583 1,257,808
Total Charity 5,577,556 8,426,342 (9,589,980) (285,363) 69,665 4,198,220
Total Subsidiary 9,851 260,925 (191,260) (69,665) 9,851
Total Group 5,587,407 8,687,267 (9,781,240) (285,363) 4,208,071

General Funds General Funds Designated Restricted Funds Restricted Funds Total
Fundsf E 31 March 2021
E
Charity
Fixed/ 756,286 863,439 1,619,725
Intangible
assets
Investments 4,022,759 4,022,759
Net assets/ (897,236) 1,096,520 176,976 376,260
(liabilities)
3,881,809 1,096,520 1,040,415 6,018,744
Group
Fixed/ 756,286 863,439 1,619,725
Intangible
assets
Investments 4,022,759 4,022,759
Net current (889,885) 1,096,520 176,976 383,611
assets/-
(liabilities)
3,889,160 1,096,520 1,040,415 6,026,095
23.ANALYSIS OF NET FUNDS
1 April 2020 Cash flows 31 INarch
2021
6
Net cash analysed
in the
balance sheet
Cash at bank and in hand 102,242 946,580 1,048,822
OverdraR (58,681) 58,681
Net funds 43,561 1,005,261 1,048,822

t 31 Ma rch 2021 th e charit y ha d annual commitments
un		 der non-canc ellable
operating
leases as f		 ellable
operating
leases as f
Other Land &Buildings
2021 2020 2021 2020
6 6 6 6
Expiring within one year 22,084 32,044 784,663 1,001,680
Expiring between two and five 16,326 28,625 1,767,766 2,030,096
years
Expiring in over five years 681,337 548,640
38,410 60,669 3,233,766 3,580,416

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