## |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| ## ## ||||4I
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