OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← Lymphoma Action

2024-12-31-accounts

Annual Report & Accounts for the year ending 31 December 2024

Contents

Welcome Page 3
Who we are and what we do Page 4
Our year in numbers Page 5
Our objectives and achievements Page 7
Thank you to our fundraisers Page 12
Reflections and lessons learnt Page 14
Our plans for the future Page 15
Governance, structure and management
Constitution, purpose and public benefit Page 17
Board and management operations and structure Page 18
Remuneration policy Page 20
Risk assessment and management Page 21
Our approach to fundraising Page 24
Financial review
Financial overview and review/ our reserves policy Page 25
Statement of Trustees’ responsibility Page 27
Independent auditors’ report Page 29
Financial statements Page 34
Reference and administrative detail Page 52
Company Registration No 03518755
Charity Registration (England and Wales) No 1068395 (Scotland) No SC045850

Welcome

Welcome to this year’s report on our achievements in 2024.

2024 certainly proved to be a busy, successful year for us here at Lymphoma Action. Thanks to our generous supporters, we were able to reach even more people by raising awareness about lymphoma and building on the support we offer to those affected by the condition.

There were many highlights. We launched our new Preparing for Treatment Service, and our Regional Lymphoma Days saw a welcome return to face-to-face support for members of our community.

We expanded our suite of Online Support Meetings and reached more people with our accredited information, both online and through printed booklets which continue to be highly in demand. Lymphoma Matters magazine was launched in a brand new digital format – adding to our library of online resources and our Lymphoma Symptoms animation went on to win an award in the People’s Choice category at the Smiley Charity Film Awards.

Over 1,200 people in the UK completed the 2024 Patient Survey which we conducted in collaboration with the Lymphoma Coalition, of which Lymphoma Action was a founding member. It was the best-performing patient survey to date, and we are truly grateful to everyone who took part. Their insights will continue to shape what we do and how we deliver our services.

2024 also saw us support the National Non-Hodgkin Lymphoma Audit (NNHLA), which is part of the National Cancer Audit Collaborating Centre (NATCAN) and aims to improve treatment and reduce variations in care across England and Wales. We also took part in an incredible 21 different health technology assessments and increased the services we offer to support healthcare professionals.

All of this was possible through planned investment from the generous donations and legacies which we have been fortunate to benefit from. I’d like to thank our staff team who work closely and collaboratively with each other to provide a broader range of support services than ever before. We are also grateful for the time, skills and expertise offered by our volunteers who help us deliver our work and make sure our activities align to what people need.

From the whole team here at Lymphoma Action, we want to thank everyone in our lymphoma community who has supported our work in 2024. Together, we can look forward to the coming year with some equally exciting plans.

Mark Harrison

Chair of the Board of Trustees Lymphoma Action

3

Who we are and what we do

Lymphoma Action was established in 1986 and is the only UK national charity dedicated to lymphoma – the fifth most common cancer in the UK. It provides high quality information, advice and support to people affected by lymphoma, and their family, friends and healthcare professionals.

Our vision

Everyone affected by lymphoma will receive the best possible support, treatment and care.

Our mission

Through information, education, support and influence, we will make sure no one has to face lymphoma alone.

Our goals

Ensure that people understand lymphoma.

Enable people affected by lymphoma to feel supported by others who understand what they are going through.

Empower people affected by lymphoma and their healthcare professionals to communicate with confidence.

Be a voice for people affected by lymphoma to influence the decisions that affect them.

Increase the impact of our work by making best use of our resources.

Our values

Focused – we are dedicated to the needs of those affected by lymphoma. Empowering – we build confidence to make change happen.

Trusted – we use our expertise to deliver quality services. Innovative – we look to a better future for people affected by lymphoma. Collaborative – we are inclusive and value our partnerships.

4

Our year in numbers ee

Information a

120

28,240

1,800,000

information blog posts

information books health information sent page views published

88,469 24,258 Lymphoma Matters Lymphoma TrialsLink magazines sent page views

50,000+

views of our Lymphoma Symptoms animation

Support & volunteering a

1,281 Helpline Service interactions

247

active volunteers

44 Buddy links

5,129 members in Closed Facebook Support Group

267

Online Support Meetings

----- Start of picture text -----
299
----- End of picture text -----

Preparing for Treatment Service users

5

Education & training a

5,965 72 219 listens across our healthcare people attended 25 podcast series with professionals Live Your Life six new episodes registered for our inevents released person Lymphoma Management course

Social media — : 6 60,065 518,677 total followers engagements

Income Zz a £2,648,919 £631,552 total income challenge events

71

people attended our two Regional Lymphoma Days

1,507 posts

£539,311 legacies

6

Our objectives and achievements

2024 provided us with opportunities to increase our reach and impact through the introduction of new activities and the development of our peer support services. Here we summarise progress against our five main goals.

1. Ensure that people understand lymphoma.

Objective

Provide trusted information about

lymphoma, at the right time and in the right way, to meet the individual needs of people affected by lymphoma.

Key achievements

Objective

Disseminate our information to more people and more diverse communities to increase our reach.

Key achievements

Objective

Make our information accessible and give people choice as to how they receive it so they can make informed decisions about their health and care.

Key achievements

7

2. Enable people affected by lymphoma to feel supported by others who understand what they are going through

Objective

Ensure that everything we do is informed by the needs and experiences of those we are here to support.

Key achievements

Objective

Provide a range of face-to-face and digital services so that people feel connected and supported.

Key achievements

medical experts and people with lived experience.

Objective

Develop and expand our peer-led services.

Key achievements

The Closed Facebook Support Group has been such a positive place. Knowing that pretty much whatever lymphoma has thrown at me, someone in this group will have walked the same path.

8

3. Empower people affected by lymphoma and their healthcare professionals (HCPs) to communicate with confidence.

Objective

Provide education and resources to equip more healthcare professionals to deliver the best care to those affected by lymphoma.

Key achievements

Objective

Engage with more healthcare professionals, so that they understand how we support and connect people and feel confident promoting our services.

Key achievements

Objective

Empower people to access the treatment, support and care of their choice.

I really valued how Lymphoma Management focused on discussing patient quality of life, patient time and side effects in the selection of treatment.

vas

Key achievements

9

4. Be a voice for people affected by lymphoma to influence the decisions that affect them.

Objective

Collaborate with our partners to share and amplify the voice of people affected by lymphoma and bring about change in policy.

Key achievements

Objective

Improve health outcomes by supporting developments in the prompt diagnosis, treatment and care of lymphoma.

Key achievements

Scottish Medicines Consortium (SMC). 10 went on to receive a positive

recommendation (five for each respective body).

Objective

Develop communications and campaigns to raise awareness of lymphoma.

Key achievements

10

5. Increase the impact of our work by making best use of our resources.

Objective

Invest and develop in a responsive way, focusing resources effectively to meet the changing needs of the Charity and the people we support.

Objective

Grow and engage the Lymphoma Action community, underpinned by effective People and Volunteering strategies.

Key achievements

Key achievements

Objective

Build an adaptive organisation through responsible fundraising and robust planning and innovation.

Key achievements

I just find it so rewarding to be able to give back to Lymphoma Action as a volunteer. They have given me so much support whenever I have needed it.

11

Thank you to our fundraisers

2024 was a hugely successful year for fundraising, with more than £2.6 million raised to fund our vital information and support services.

The donations we received from our community this year, whether a one-off gift or regular contribution, have made a big difference. £364,869 was given in response to appeals, in memory of loved ones, or to show support for the important work we do. £305,250 was contributed by major donors and trust funders, including a significant gift from The Roger Counter Foundation, whose committed support has been instrumental in the development of the Charity over the last 17 years.

More than 450 people got involved in a variety of different challenges: walking, running, swimming, cycling, and throwing themselves out of airplanes or across zip-wires. Along with our 72 London Marathon runners and 352

participants in our Bridges of London and Britain event, they raised £631,552, achieving more than they thought possible.

Beyond challenge events, our supporters got involved in fundraising activities of all types in 2024, including cake sales, concerts, remission parties and birthday and anniversary celebrations. They also nominated us as charity of the year at their schools, golf clubs and social groups. Their creativity never ceased to amaze us, and they raised £187,572 , having a great deal of fun along the way!

Our corporate partners remained

tremendously supportive, whether through the provision of donations, grants and sponsorship, or the facilitation of employee fundraising. Together, they raised £273,159 and shared our messages about lymphoma symptoms and the support available with a wider audience.

We saw double the level of engagement in our Let’s talk lymphoma campaign for Blood Cancer Awareness Month in September, with more than 1,000 people and 80 healthcare professionals requesting packs covering awareness raising and fundraising ideas, and around 200

12

information packs delivered to GP surgeries and community pharmacies. Around £100,000 was raised in association with the campaign, in a variety of ways including challenge events, community fundraising activity and corporate support.

Gifts in Wills remained an important source of income, with £539,311 left to Lymphoma Action by more than 30 generous supporters. We’re always so grateful to everyone who chooses to remember the Charity in this way, and their contributions represent a lasting legacy of care and support for our community.

Thank you so much to everyone who chose to support Lymphoma Action in 2024. With you by our side, we have continued to be here for everyone affected by lymphoma, whenever they needed us.

13

Reflections and lessons learnt

2024 was an exciting year and it was fantastic to see the fruits of our development activities as we reached more people and raised more income than we had expected.

However, the year also brought unexpected challenges due to factors outside of our control, such as issues experienced by third party service providers or our ICT systems. We therefore undertook a number of change projects, including system migrations, to help address these challenges, on top of further development activity in services. Robust planning and good communication with staff were key to ensuring these projects went smoothly given the additional workload they created.

2024 was also a year of change when it came to wider social and political affairs. There were a number of changes relating to the ownership and governance of social media companies. This led us to challenge ourselves as to how and when we communicate, and on which platforms. Our focus has always been on what our community wants us to do, balancing any such difficult discussions with our desire to reach as many people affected by lymphoma as possible.

There was also huge media interest in AI and we set up a new AI working group with transparency and learning at its heart. We quickly learnt the value of creating a safe and effective space for our staff to explore AI rooted in our existing ICT & Digital Strategy.

Crucially, 2024 saw a change in government and a new health secretary which naturally impacts our work as we seek to determine how government policy will affect those we support. Guided by our community, we learnt to be bolder in developing new activities, particularly in policy and public affairs. The key to this work still centres on a strong collaborative approach with charity partners and healthcare organisations to make sure we can respond effectively on behalf of our community.

Thanks to the generosity of our supporters, we are fortunate to have healthy reserves at a time when many charities are struggling financially. We have drawn on these over the past year to build strong foundations. With an eye to the future, we will continue to innovate, develop and collaborate so that we can sustain all of our new developments.

14

Our plans for the future

Towards the end of 2024, we reviewed and revised our theory of change. As a result of this, we have amended our strategic aims for 2025 and are pleased to share a revised set of core goals that we will use to plan our activities for the coming year.

Our strategic aims

1. People understand lymphoma and are able to better manage their health.

2. People affected by lymphoma have improved wellbeing and emotional resilience.

15

3. People affected by lymphoma experience a strong sense of community and belonging.

4. People affected by lymphoma know who we are and contribute to our collective voice.

Enablers: Increasing our impact by having the right people, systems and financial resilience.

16

Governance, structure and management

Constitution

Lymphoma Action is incorporated as a Charitable Company limited by guarantee and is a registered Charity in England, Wales and Scotland. It is governed by its Memorandum and Articles of Association, and the work, management, finances and strategy of the Charity are overseen by a Board of Trustees, who are also the Company Directors. The Trustees who held office during the financial year 2024 and at the date of the report are set out on page 52.

A minimum of four Trustees and a maximum of 11 Trustees in office at any one time are required by the Articles of Association. At every Annual General Meeting (AGM) four Trustees retire by rotation but are eligible for re-election. There is no restriction on the term of tenure as a Trustee. Trustees do not receive remuneration for their duties.

Purpose

The Charity’s purposes are set out in its Memorandum of Association:

Public benefit

We inform people by providing the information and literature they need to understand the complexities of their type of cancer and the different treatment options.

We support anyone affected through a range of support services, including our confidential phone and LiveChat support line, peer support and education events.

We connect people to the best resources available and to others who understand what they are going through, including through our Buddy Service and support meetings.

A diagnosis of lymphoma changes lives, whether a person is diagnosed themselves or caring for a loved one. We are often the first point of contact and continue to be there for people throughout their experience of lymphoma. Despite being the fifth most common cancer, many

17

people know little about lymphoma. Therefore, as well as providing information and support services, we represent the interests and voice of people affected by lymphoma in areas of policy and raise awareness of lymphoma as a blood cancer.

The Trustees review the aims, objectives and activities of the Charity each year. This report looks at what the Charity has achieved and the outcomes of its work in the reporting period. The Trustees report the success of each key activity and the benefits the Charity has brought to those groups of people that it is set up to help. The review also helps the Trustees ensure the Charity's aims, objectives and activities remained focused on its stated purposes.

The Trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the Charity's aims and objectives and in planning its future activities. In particular, the Trustees consider how planned activities will contribute to the aims and objectives that have been set.

Board and management operations and structure

Board of Trustees

The Board of Trustees meets four times a year to review the organisation’s work, finances and services, and to agree the strategic goals for the Charity. The Chief Executive and Senior Management Team attend all meetings. The Board also reviews its own operation, effectiveness and governance on an annual basis and every year there is a Trustee/Senior Management Team Away Day. We have one Trustee who has been with the Charity for over ten years. As the majority of our Board have joined in the last few years, it is considered beneficial to retain longer-serving Trustees to help maintain continuity and institutional knowledge of Lymphoma Action.

The Charity also has a Finance and Risk sub-Committee to the Board. The Committee, comprising three Trustees including the Treasurer, has specific responsibility for overseeing and reviewing the organisation’s financial operation and risk management. It usually meets four times a year, with the Chief Executive, the Director of Finance and the Director of Fundraising and Communications in attendance.

In addition, a Remuneration Committee, comprising three Trustees, including the Chair of the Board, the Treasurer and one other Trustee (preferably with HR expertise), meets once a year to make recommendations on setting pay awards, salary levels and to review the Chief Executive’s salary.

Recruitment and appointment of new Trustees

A review of the recruitment needs of the Board of Trustees is conducted under the leadership of the Chair, including a skills audit of the current knowledge, experience, skills and abilities and how they will be affected by any Trustee departures in the future. We work with specialist agencies to advertise any Trustee vacancies nationally and via relevant professional and organisational networks, depending upon the expertise and specialisms required.

18

Applicants are shortlisted against the criteria in the person specification for the role of Trustee, including any specific qualities highlighted during the above audit. Shortlisted applicants are invited for interview by at least two Trustees, one of whom will be the Chair. Shortlisted applicants are only appointed where they have the necessary skills and qualities to contribute effectively to the Charity’s management and development.

The Charity aims to have the following represented on the Board of Trustees in terms of personal knowledge or experience: lymphoma (directly or indirectly); medical or clinical practice; financial management or investment (with preferably a recognised accountancy or auditing qualification); governance and risk management; fundraising; strategic planning, human resources; public relations; media and communications; lobbying and campaigning; sales or marketing; NHS and/or cancer policy; change management; digital/information technology; monitoring and evaluating performance.

All new Trustees receive a comprehensive induction, which includes detailed information about the Charity, including its Memorandum and Articles, accounts, financial reports and minutes of previous Board and Committee meetings. In addition, Trustees attend an induction process, where they are briefed by the Chief Executive and key staff members on all aspects of the Charity’s operations, staffing and organisational management.

Under the Charity’s Diversity and Inclusion Framework the Board of Trustees is committed to ensuring that the Charity’s leadership better reflects the communities that we are here to serve. This manifests itself in a commitment to principles of equity, diversity and inclusion and an ongoing review of the Trustee recruitment process so that there is diversity of thought and experience reflected on the Board. New Trustees are provided with a ‘Guide for Trustees’ which acts as a manual and gives them an overview of the Charity and their governance responsibilities. This was updated in 2024 and includes a greater emphasis on their duties to foster equity, diversity and inclusion at Lymphoma Action.

Management and organisation

Day-to-day operation of the Charity, and strategy implementation, is delegated by the Board to the Chief Executive, with the support of the Senior Management Team.

The Senior Management Team is comprised of:

Chief Executive, Ropinder Gill

Director of Services, Dallas Pounds

Director of Finance, Jim Howson

Director of Fundraising and Communications, Deborah Laing

Related parties

The only related parties are considered to be the Trustees and those connected with the Trustees including their close family, business and other charity interests. There have been no

19

transactions with related parties, other than the reimbursement of any reasonable expenses for the purposes of attendance at Board meetings and other relevant organisational activities.

Remuneration policy

The Board of Trustees formally reviewed and re-approved the Charity’s Remuneration Policy following a meeting on the 2 April 2024. The policy can be summarised as follows:

Lymphoma Action is committed to ensuring that we pay our staff fairly and in a way that ensures we attract and retain the right skills to have the greatest impact in delivering our charitable objectives. We also recognise that pay is part of a wider employment offer to staff which includes, amongst others, satisfaction of working for a Charity, personal development, good working practices and a range of other benefits.

To ensure we pay a fair salary that is competitive within the charitable sector, we monitor sector pay levels using a benchmarked market pay system. We also ensure that pay is proportionate to the complexity of each role, in line with our organisational objectives and without discrimination on grounds of protected characteristics as set out in the Equality Act 2010.

As set out in detail in the full policy, Lymphoma Action aims to provide remuneration which:

A review of salaries normally takes place annually in March/April to take effect from the January before and, if changes are to be made, staff are advised in writing of the amount and the date from which it takes effect.

A salary review does not imply an increase and, in making any pay award, the review will be based on the organisation’s financial health. The remuneration policy is reviewed annually and a Remuneration Committee oversees its application, providing advice to the full Board.

The Board of Trustees is committed to including the following information within its annual statutory accounts:

20

Overall risk appetite statement

Risk assessment and management

The Board of Trustees, supplemented by the Finance and Risk Committee, is responsible for setting and monitoring risk appetite, balancing our need to be sustainable with our desire to meet our strategic objectives. We understand that taking risks, when well assessed and managed, is healthy – often leading to innovation, improvement and growth and that, when taking risks, we must do so in an open and transparent way.

Lymphoma Action operates a dynamic approach to risk assessment with each of the seven Board level risks ‘owned’ by a senior manager and actively managed. In 2024 we did more work to deepen our understanding of our risk appetite relative to the risks and their components. The risk matrix, showing all the risks relative to each other and our risk appetite, is regularly reviewed by the Finance and Risk Committee to satisfy the Board that major risks have been accurately identified and that measures for managing those risks are in place. The approach to, and appetite for risk, is summarised in the risk appetite statements relating to each of the Board level risks.

Summary of top-level risks and their measures and controls

Top-level risks Measures and controls
Charitable activities
Lack of coherent and effective
strategies to drive services and impact
and/or reduced quality of services with
resultant loss of market share to other
charities.		 •
Long-term strategy in place with effective
business planning/strategy processes and cycles.
•
Quality standards and KPIs in place.
•
Effective monitoring of external environment,
other service providers and horizon scanning.
•
Key stakeholder groups and feedback/complaint
mechanisms in place.

21

Income and financial sustainability
Significant drop in reserves and/or
failure to meet income and expenditure
targets which affects net income,
charity reserves and ability to deliver
short, medium or long-term strategic
goals.		 •
Diversified income streams and income
generating strategies, mapping risks and
assumptions.
•
Robust reserves policy in place.
•
Internal and external monitoring mechanisms
such as market trends, management accounts.
•
Robust budget setting process with Finance and
Risk Committee in place.
•
Effective policies and financial controls in place.
People, leadership and culture
Weaknesses or failure of leadership,
inability to develop and retain talent
effectively and an organisational
culture that is not an enabler in the
pursuit of the charity’s strategy and
objectives.		 •
Competitive pay and benefits for staff.
•
Staff and volunteer surveys.
•
Robust policies and procedures.
•
Remuneration Committee in place.
•
People Strategy in place and a Diversity and
Inclusion Framework.
•
Internal communications processes in place.
Reputation
Reputational risk which impacts on
financial sustainability and ability of
the charity to continue its services due
to incidents or events which damage
or negatively impact the charity's
reputation or operations.		 •
Robust policies and procedures in place.
•
Effective processes for risk management with
monitoring of feedback, complaints, incidents.
•
Mechanisms to detect, investigate and
report/respond.
•
Expert and lay panels in place.
•
Public and professional liability insurance in
place.
•
Member of the Fundraising Regulator.
•
Publication of detailed annual accounts and key
documents/policies on website.
Systems and facilities
Systems and facilities which are
inadequate, antiquated or prone to
failure, business continuity incidents
which will impact on our ability to
provide services or raise income.		 •
ICT and Digital Strategy in place with external
ICT support.
•
Office/lease management and maintenance plan.
•
Emergency response policy and procedures in
place.
•
Key ICT systems and infrastructure in place.
Data and Information Security
Accidental or malicious loss of
personal data or confidential
information by Lymphoma Action or by
third-party partners.		 •
Data Protection Lead and Data Protection policy
in place with robust procedures and documents
•
ICT security policies with Cyber Essentials
security certificate and cyber security insurance
in place.
•
Training for staff and volunteers.

22

Governance and compliance
The Charity does not achieve its
strategic, charitable, regulatory and
ethical objectives due to inadequate
governance at the Board, senior
management or operational level.		 •
Board of Trustees with varied skills and
experience, with effective induction processes in
place for new Trustees.
•
Effective sub-committees in place including
Remuneration Committee and the Finance and
Risk Committee.
•
Policies and procedures including emergency
response and Board Conflicts of Interest policy.
•
Annual financial audit.
•
Adherence to Charity Commission guidance with
compliant reporting mechanisms.
•
Appropriate insurance cover and measures.
•
Regular cycle of Board and governance
meetings.

23

Our approach to fundraising

We are registered with the Fundraising Regulator and ensure that our supporter communications and fundraising practices meet the requirements of the Codes of Practice. Our fundraising promise outlines our commitment to high standards.

24

Financial review

Financial overview and review

In 2024 our income was £2,648,919, up by 20% or £443,169 on 2023. Our greater reach and engagement with our community meant that we performed well on the majority of our income lines raising almost £277k more in donations and legacies than in 2023 and £122k more in trading activities, predominantly due to increased London Marathon income.

A number of other factors also contributed to our better-than-expected financial performance including another good year for legacy income, more engagement with the business community and generous gifts from long-term supporters and new donors. Restricted income increased by circa £213k over 2023 figures predominantly related to a large final gift from the Roger Counter Foundation, a long-term generous supporter.

There were challenges – it was difficult to raise income from trusts and foundations, some lines stayed relatively static, and we continued to see a squeeze on the number and value of individual donations, although we were delighted that regular giving had improved on 2023. It was encouraging to see a return on our investment in fundraising across a number of lines and our Christmas activities (everything from The Big Give to Christmas cards) surpassed the prior year’s performance. This is testament to the amazing generosity of our community, the hard work of our Fundraising and Communications Teams, and the quality and breadth of our services.

Expenditure increased on 2023 figures by 3%, rising from £2,122,123 to £2,183,128, although we had originally budgeted to spend more. Although the increase was conservative the overall mix of expenditure was different. The largest increase was on salaries where we spent £127k more than in 2023, but direct costs reduced by £94k reflecting the change of our investment approach from discreet projects to increasing capacity.

Whilst we spent less on direct costs related to publications, raising awareness and helpline services, these increased for workshops and conferences. Including salaries related to capacity building we spent £49k more on fundraising, £17k more on support services and £23k more on Education and Training. The additional capacity allowed us to develop, amongst others, our peer support services, our social media presence, our website and two new services - one of which (Preparing for Treatment) launched in 2024. The development posts recruited in 2024 and the year before are part of our three-year plan to spend our designated strategic investment reserve.

Support and governance costs increased by circa £38k reflecting HR and ICT increases, the latter of which included, for example, a SharePoint project, the purchase of additional hardware and laptops together with the costs of migrating systems such as our telephony.

25

Whilst we increased expenditure it was still not to the level that we had planned as some activities, including recruitment, began a little later than expected. This together with betterthan-expected income meant that we finished 2024 with a surplus of £465,791.

At 31 December 2024 the net assets of the Charity were £4,025,919 (2023: £3,560,128), comprising £2,964,370 in uncommitted unrestricted funds (2023: £2,492,121) and £1,026,549 in designated unrestricted funds (2023: £1,043,007). We had an excess of income over expenditure of £465,791 representing a very strong year financially.

Our reserves policy

In 2024 we reviewed our reserves policy, in line with best practice guidance. Our policy identifies three elements of reserve:

The reserves (and the reserves policy) are reviewed annually in time for the new financial year and are calculable at any point of the year if required. Lymphoma Action expresses the reserves amount in ‘months expenditure’ for the purposes of external communications and will consider and recalculate the reserves level should they fall below our minimum requirements (reference the first two bullet points above).

At 31 December 2024 we held £4,025,919 in reserves (2023: £3,560,128) of which £35,000 was restricted, £1,026,549 was designated for projects and activities, leaving £2,964,370 in free reserves which represents 16 months of unrestricted annual expenditure.

Given the particular challenges of lymphoma (which include a greater vulnerability of lymphoma patients to health pandemics), the Trustees consider a minimum of 12 months to be a reasonable reserves level to ensure patients are adequately supported in the event of closure. We intend to designate a further £200k annually from our free reserves for specific infrastructure and campaigns activities, subject to approval from the Board of Trustees, to bring our free reserves closer to our target. According to our current projections we will need to limit our investment activity beyond 2027 if we do not secure further resources to sustain the investment posts and desired levels of activity.

Our designated reserves reflect the Board of Trustees’ commitment to spend excess reserves and a particularly generous legacy strategically and carefully to develop services and activities. In 2024 the majority of the designated spend covered, and will continue to cover, the cost of a number of new posts which were recruited to increase capacity. These

26

posts helped develop key projects we would not otherwise have been able to support, as set out on page 25

We plan to further develop how we communicate, campaign and advocate for change in 2025, as well as support further potential NHS developments including a Best Practise Timed Pathway for lymphoma. In addition, our investment in services will see us launch our new modular learning programme for nurses, as well as develop further resources for people affected by lymphoma including family, friends and carers.

Whilst the Board of Trustees has prioritised additional designated spend, recognising the challenge of increased reserves and the fact that donations are given for the benefit of people affected by lymphoma, they are mindful that lymphoma can be a devastating diagnosis and some people need long-term support due to the nature of this cancer. We therefore aim, in everything we do, to balance the desire to invest sustainably in our services, with the need to protect and maintain the vital information and support we provide.

Statement of Trustees’ responsibilities

The format and content of the report and financial statements comply with the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP 2019) issued October 2019, applicable accounting standards, the Charities Act 2011 and the Companies Act 2006.

Company law requires the Trustees, as Directors of the Charitable Company, to prepare financial statements for each financial period which give a true and fair view of the state of the affairs of the Charitable Company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial period. In preparing those financial statements, the Trustees follow best practice and:

The Trustees are responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the Charitable Company and to enable them to ensure that the financial statements comply with the Charities Act 2011 and the Companies Act 2006.

27

The Trustees are also responsible for safeguarding the assets of the Charitable Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Disclosure of information to the Auditor

In so far as the Trustees are aware:

The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the Charitable Company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Members of the Charity guarantee to contribute an amount not exceeding £1 to the assets of the Charity in the event of winding up. The total number of such guarantees at year end 2024 was 9 (2023 10). The Trustees are members of the Charity but this entitles them only to voting rights. The Trustees have no beneficial interest in the Charity.

Auditor

The Auditor, Sayer Vincent LLP, have signified their willingness to continue in office. A resolution to re-appoint them as Auditor will be proposed at the forthcoming annual general meeting.

Financial statements are published on Lymphoma Action's website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements, which may vary from legislation in other jurisdictions.

The maintenance and integrity of Lymphoma Action's website is the responsibility of the Trustees. The Trustees' responsibility also extends to the ongoing integrity of the financial statements contained therein.

The Trustees have prepared this report in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small entities.

The Trustee’s annual report has been approved by the Trustees and signed on their behalf by Mark Harrison, Chair of the Board of Trustees, Lymphoma Action

Mark Harrison Chair Date: 13 May 2025

28

Independent Auditor’s report to the members of Lymphoma Action

Opinion

We have audited the financial statements of Lymphoma Action (the ‘Charitable Company’) for the year ended 31 December 2024 which comprise the statement of financial activities, balance sheet, statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the Charitable Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on Lymphoma Action's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

29

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the Trustees’ annual report, including the strategic report, other than the financial statements and our auditor’s report thereon. The Trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the Charitable Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees’ annual report, including the strategic report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 and the Charities Accounts (Scotland) Regulations 2006 (as amended) require us to report to you if, in our opinion:

30

Responsibilities of Trustees

As explained more fully in the statement of Trustees’ responsibilities set out in the Trustees’ annual report, the Trustees (who are also the directors of the Charitable Company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the Charitable Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the Charitable Company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005 and under the Companies Act 2006 and report in accordance with regulations made under those Acts.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud are set out below.

31

Capability of the audit in detecting irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

32

Use of our report

This report is made solely to the Charitable Company's members as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and section 44(1)(c) of the Charities and Trustee Investment (Scotland) Act 2005. Our audit work has been undertaken so that we might state to the Charitable Company's members those matters we are required 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 assume responsibility to anyone other than the Charitable Company and the Charitable Company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Jonathan Orchard (Senior statutory auditor)

17 June 2025

for and on behalf of Sayer Vincent LLP, Statutory Auditor

110 Golden Lane, LONDON, EC1Y 0TG

Sayer Vincent LLP is eligible to act as auditor in terms of section 1212 of the Companies Act 2006

33

Lymphoma Action

Statement of financial activities (incorporating an income and expenditure account)

For the year ended 31 December 2024

Unrestricted
Note
£
Income from:
Donations and legacies
2
1,472,345
Charitable activities
3
31,062
Other trading activities
4
664,975
Investments
5
98,877
2,267,259
Raising funds
6
667,603
Charitable activities
6
621,942
6
346,265
Education and training
6
175,658
Total expenditure
1,811,468
Transfers Between Funds
-
455,791
Net gains / (losses) on investments
-
455,791
Reconciliation of funds:
Total funds brought forward
3,535,128
Total funds carried forward
3,990,919
Net movement in funds
Total income
Expenditure on:
Net income / (expenditure) before net
gains / (losses) on investments
Publication production &
distribution, information and
raising awareness
Support for people affected by
lymphoma		 Unrestricted
Note
£
Income from:
Donations and legacies
2
1,472,345
Charitable activities
3
31,062
Other trading activities
4
664,975
Investments
5
98,877
2,267,259
Raising funds
6
667,603
Charitable activities
6
621,942
6
346,265
Education and training
6
175,658
Total expenditure
1,811,468
Transfers Between Funds
-
455,791
Net gains / (losses) on investments
-
455,791
Reconciliation of funds:
Total funds brought forward
3,535,128
Total funds carried forward
3,990,919
Net movement in funds
Total income
Expenditure on:
Net income / (expenditure) before net
gains / (losses) on investments
Publication production &
distribution, information and
raising awareness
Support for people affected by
lymphoma		 Restricted
£
381,660
-
-
-		 2024
Total
£
1,854,005
31,062
664,975
98,877		 Unrestricted
£
1,409,291
25,008
542,973
60,580		 Restricted
£
167,898
-
-
-		 2023
Total
£
1,577,189
25,008
542,973
60,580
2,267,259 381,660 2,648,919 2,037,852 167,898 2,205,750
667,603
621,942
346,265
175,658		 -
126,200
195,500
49,960		 667,603
748,142
541,765
225,618		 618,689
753,152
458,733
148,651		 -
23,000
65,898
54,000		 618,689
776,152
524,631
202,651
1,811,468 371,660 2,183,128 1,979,225 142,898 2,122,123
-
455,791
-		 -
10,000
-		 -
465,791
-		 15,225
73,852
-		 (15,225)
9,775
-		 -
83,627
-
455,791
3,535,128		 10,000
25,000		 465,791
3,560,128		 73,852
3,461,276		 9,775
15,225		 83,627
3,476,501
3,990,919 35,000 4,025,919 3,535,128 25,000 3,560,128

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 18 to the financial statements.

34

Lymphoma Action

Balance sheet

Company no. 03518755

As at 31 December 2024

Note
£
Fixed assets:
Tangible assets
12
Current assets:
Stock
13
15,604
Debtors
14
190,203
Cash at bank and in hand
3,918,628
4,124,435
Liabilities:
Creditors: amounts falling due within one year
15
(123,680)
17
18
Restricted income funds
Unrestricted income funds:
Designated funds
1,026,549
General funds
2,964,370
Total unrestricted funds
Total Charity funds
Net assets
The funds of the Charity:
Net current assets		 Note
£
Fixed assets:
Tangible assets
12
Current assets:
Stock
13
15,604
Debtors
14
190,203
Cash at bank and in hand
3,918,628
4,124,435
Liabilities:
Creditors: amounts falling due within one year
15
(123,680)
17
18
Restricted income funds
Unrestricted income funds:
Designated funds
1,026,549
General funds
2,964,370
Total unrestricted funds
Total Charity funds
Net assets
The funds of the Charity:
Net current assets		 2024
£
25,164		 £
10,505
129,392
3,547,360		 2023
£
28,089
25,164
4,000,755		 28,089
3,532,039
4,124,435
(123,680)		 3,687,257
(155,218)
1,026,549
2,964,370		 1,043,007
2,492,121
4,025,919 3,560,128
35,000
3,990,919		 25,000
3,535,128
4,025,919 3,560,128

Approved by the Trustees on 13 May 2025 and signed on their behalf by

Mark Harrison Chairman

35

Lymphoma Action

Statement of cash flows

For the year ended 31 December 2024

Note
Cash flows from operating activities
Depreciation charges
(Gains)/losses on investments
Interest from investments
(Increase) Decrease in stocks
Decrease / (Increase) in debtors
Increase/(decrease) in creditors
Net cash (used in) operating activities
Cash flows from investing activities:
Dividends, interest and rents from investments
Proceeds from the sale of fixed assets
Purchase of fixed assets
Proceeds from sale of investments
Net cash provided by investing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
Net income / (expenditure) for the reporting period
(as per the statement of financial activities)		 £
£
465,791
11,652
-
(98,877)
(5,099)
(60,811)
(31,539)
281,117
98,877
-
(8,726)
-
90,151
371,268
3,547,360
3,918,628
2024		 £
£
465,791
11,652
-
(98,877)
(5,099)
(60,811)
(31,539)
281,117
98,877
-
(8,726)
-
90,151
371,268
3,547,360
3,918,628
2024		 £
£
83,627
9,545
-
(60,580)
(3,801)
24,160
18,186
71,137
60,580
-
(11,967)
-
48,613
119,750
3,427,610
3,547,360
2023		 £
£
83,627
9,545
-
(60,580)
(3,801)
24,160
18,186
71,137
60,580
-
(11,967)
-
48,613
119,750
3,427,610
3,547,360
2023
98,877
-
(8,726)
-		 60,580
-
(11,967)
-
371,268
3,547,360		 119,750
3,427,610
3,918,628 3,547,360

36

Lymphoma Action

Notes to the financial statements

For the year ended 31 December 2024

1 Accounting policies

Lymphoma Action is a Charitable Company limited by guarantee and is incorporated in England, Wales, and Scotland.

The registered office address is Unit 3, Bell Business Park, Smeaton Close, Aylesbury, Bucks, HP19 8JR.

b) Basis of preparation

The financial statements have been prepared in accordance with 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) - (Charities SORP FRS 102), The Financial Reporting

Standard applicable in the UK and Republic of Ireland (FRS 102) (March 2018) and the Companies Act 2006.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

In applying the financial reporting framework, the Trustees have made a number of subjective judgements, for example in respect of significant accounting estimates. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The nature of the estimation means the actual outcomes could differ from those estimates. Any significant estimates and judgements affecting these financial statements are detailed within the relevant accounting policy below.

c) Public benefit entity

The Charity meets the definition of a public benefit entity under FRS 102.

d) Going concern

The Trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern. We have free reserves in excess of ten months of unrestricted expenditure which provides the capacity to respond to changing circumstances.

The Trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

37

Lymphoma Action

Notes to the financial statements

For the year ended 31 December 2024

1 Accounting policies (continued)

Income is recognised when the Charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the Charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

For legacies, entitlement is taken as the earlier of the date on which either: the Charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the Charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the Charity, or the Charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material.

Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.

f) Donations of gifts, services and facilities

Donated professional services and donated facilities are recognised as income when the Charity has control over the item or received the service, any conditions associated with the donation have been met, the receipt of economic benefit from the use by the Charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), volunteer time is not recognised so refer to the Trustees’ Annual Report for more information about their contribution.

On receipt, donated gifts, professional services and donated facilities are recognised on the basis of the value of the gift to the Charity which is the amount the Charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

38

Lymphoma Action

Notes to the financial statements

For the year ended 31 December 2024

h) Fund accounting

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.

Designated funds are unrestricted funds earmarked by the Trustees for particular purposes.

i) Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

j) Allocation of support costs

Resources expended are allocated to the particular activity where the cost relates directly to that activity. However, the cost of overall direction and administration of each activity, comprising the salary and overhead costs of the central function, is apportioned on a per capita basis.

Governance costs, comprising the audit fee, Trustees' expenses and indemnity insurance, and the cost of recruiting new Trustees, are apportioned on a per capita basis.

k) Operating leases

Rental charges are charged on a straight line basis over the term of the lease.

39

Lymphoma Action

Notes to the financial statements

For the year ended 31 December 2024

Items of equipment are capitalised where the purchase price exceeds £1,000. Depreciation costs are allocated to activities on the basis of the use of the related assets in those activities. Assets are reviewed for impairment if circumstances indicate their carrying value may exceed their net realisable value and value in use. Major components are treated as a separate asset where they have significantly different patterns of consumption of economic benefits and are depreciated separately over its useful life.

Where fixed assets have been revalued, any excess between the revalued amount and the historic cost of the asset will be shown as a revaluation reserve in the balance sheet.

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

m) Listed investments

Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. Any change in fair value will be recognised in the statement of financial activities. Investment gains and losses, whether realised or unrealised, are combined and shown in the heading “Net gains/(losses) on investments” in the statement of financial activities. The Charity does not acquire put options, derivatives or other complex financial instruments.

n) Stocks

Stocks are stated at the lower of cost and net realisable value. In general, cost is determined on a first in first out basis and includes transport and handling costs. Net realisable value is the price at which stocks can be sold in the normal course of business after allowing for the costs of realisation. Provision is made where necessary for obsolete, slow moving and defective stocks.

o) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

40

Lymphoma Action

Notes to the financial statements

For the year ended 31 December 2024

1 Accounting policies (continued)

p) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

q) Creditors and provisions

Creditors and provisions are recognised where the Charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

r) Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

s) Pensions

Contributions payable to the company's pension scheme are charged to the statement of financial activities in the period to which they relate.

2 Income from donations and legacies

Income from donations and legacies Income from donations and legacies
Unrestricted
£
Fundraising and individual giving
492,005
In memoriam
167,586
Trusts and companies
96,142
Gift aid
177,301
Legacies
539,311
1,472,345		 Restricted
£
90,000
-
291,660
-
-		 2024
Total Unrestricted
£
£
582,005
445,440
167,586
166,690
387,802
75,550
177,301
145,909
539,311
575,702
1,854,005
1,409,291		 Restricted
£
-
-
167,898
-
-		 2023
Total
£
445,440
166,690
243,448
145,909
575,702
1,472,345 381,660 1,854,005 1,409,291 167,898 1,577,189

41

Lymphoma Action

Notes to the financial statements

For the year ended 31 December 2024

Unrestricted
£
Education and training
31,062
31,062		 Unrestricted
£
Education and training
31,062
31,062		 £
-
Restricted		 2024
Total Unrestricted
£
£
31,062
25,008
31,062
25,008		 2024
Total Unrestricted
£
£
31,062
25,008
31,062
25,008		 £
-
Restricted		 2023
Total
£
25,008
31,062 - 31,062 25,008 - 25,008
Unrestricted
£
Challenge events
631,552
Trading income
33,423
664,975		 Unrestricted
£
Challenge events
631,552
Trading income
33,423
664,975		 £
-
-
Restricted		 2024
Total Unrestricted
£
£
631,552
518,994
33,423
23,979
664,975
542,973		 2024
Total Unrestricted
£
£
631,552
518,994
33,423
23,979
664,975
542,973		 £
-
-
Restricted		 2023
Total
£
518,994
23,979
664,975 - 664,975 542,973 - 542,973
Unrestricted
£
Bank interest
98,877
98,877		 Unrestricted
£
Bank interest
98,877
98,877		 £
-
Restricted		 2024
Total Unrestricted
£
£
98,877
60,580
98,877
60,580		 2024
Total Unrestricted
£
£
98,877
60,580
98,877
60,580		 £
-
Restricted		 2023
Total
£
60,580
98,877 - 98,877 60,580 - 60,580

42

Lymphoma Action

Notes to the financial statements

For the year ended 31 December 2024

6a Analysis of expenditure (current year)

Staff costs (Note 8)
Direct costs
Generating donations and legacies
Challenge event fees
Merchandise and other costs
Publications
Raising awareness and website
Helpline and support services
Regional and international activities
Workshop, conference and events
Support costs
Finance, HR & IT
Premises
Stationery, post, phone, equipment and sundry
Depreciation
Governance
Support costs
Governance costs
Total expenditure 2024		 Cost of raisingfunds Cost of raisingfunds Charitable activities Charitable activities Governance
costs
£
38,432
-
-
-
-
-
-
-
-		 Support
costs
£
112,145
-
-
-
-
-
-
-
-		 2024
Total
£
1,418,383
80,285
60,419
31,621
112,460
108,491
15,260
1,067
27,898		 2023
Total
£
1,291,215
76,433
79,601
31,342
131,453
143,516
47,114
3,693
18,982
Generating
donation
and
legacies
£
326,764
80,285
-
-
-
-
-
-
-		 Costs of
activities for
generating
funds
£
36,788
-
60,419
31,621
-
-
-
-
-		 Publication
production &
distribution,
information and
raising awareness
£
383,337
-
-
-
112,460
108,491
-
-
-		 Support for
people
affected by
lymphoma
£
380,384
-
-
-
-
-
15,260
1,067
-		 Education
and training
£
140,533
-
-
-
-
-
-
-
27,898
80,285
-
-
-
-
-		 92,040
-
-
-
-
-		 220,951
-
-
-
-
-		 16,327
-
-
-
-
-		 27,898
-
-
-
-
-		 -
-
-
-
-
16,139		 -
193,779
56,861
48,814
11,651
-		 437,501
193,779
56,861
48,814
11,651
16,139		 532,133
167,201
59,427
44,247
9,546
18,354
407,049
102,814
13,256		 128,828
13,868
1,788		 604,288
127,425
16,429		 396,711
128,488
16,566		 168,431
50,655
6,532		 54,571
-
-54,571		 423,249
-423,249
-		 2,183,128
-
-		 2,122,123
-
-
523,119 144,484 748,142 541,765 225,618 - - 2,183,128 2,122,123

43

Lymphoma Action

Notes to the financial statements

For the year ended 31 December 2024

6b Analysis of expenditure (prior year)

Staff costs (Note 8)
Direct costs
Generating donations and legacies
Challenge event fees
Merchandise and other costs
Publications
Raising awareness and website
Helpline and support services
Regional and international activities
Workshop, conference and events
Support costs
Finance, HR & IT
Premises
Stationery, post, phone, equipment and sundry
Depreciation
Governance
Support costs
Governance costs
Total expenditure 2023		 Cost of raisingfunds Cost of raisingfunds Charitable activities Charitable activities Governance
costs
£
35,331
-
-
-
-
-
-
-
-		 Support
costs
£
105,600
-
-
-
-
-
-
-
-		 2023
Total
£
1,291,215
76,433
79,601
31,342
131,453
143,516
47,114
3,693
18,982
Generating
donation
and legacies
£
283,257
76,433
-
-
-
-
-
-
-		 Costs of
activities for
generating
funds
£
34,355
-
79,601
31,342
-
-
-
-
-		 Publication
production &
distribution,
information and
raising awareness
£
361,459
-
-
-
131,453
143,516
-
-
-		 Support for
people
affected by
lymphoma
£
341,037
-
-
-
-
-
47,114
3,693
-		 Education
and training
£
130,176
-
-
-
-
-
-
-
18,982
76,433
-
-
-
-
-		 110,943
-
-
-
-
-		 274,968
-
-
-
-
-		 50,807
-
-
-
-
-		 18,982
-
-
-
-
-		 -
-
-
-
-
18,355		 -
167,201
59,427
44,247
9,546
-		 532,133
167,201
59,427
44,247
9,546
18,354
359,690
89,643
12,467		 145,298
10,176
1,415		 636,427
122,665
17,060		 391,844
116,574
16,213		 149,158
46,962
6,531		 53,686
-
(53,686)		 386,021
(386,020)
-		 2,122,123
-
-
461,800 156,889 776,152 524,631 202,651 1 1 2,122,123

44

Lymphoma Action

Notes to the financial statements

For the year ended 31 December 2024

7 Net income / (expenditure) for the year

This is stated after charging:

This is stated after charging:
2024 2023
£ £
Depreciation 11,651 9,546
Operating lease rentals payable:
Property 37,800 37,800
Other 4,800 4,383
Auditor's remuneration (excluding VAT):
Audit 9,765 9,300

Staff costs were as follows:

Staff costs were as follows:
Salaries and wages
Redundancy and termination costs
Social security costs
Employer’s contribution to defined contribution pension schemes
Income protection and life assurance		 2024
£
1,229,752
-
110,780
72,732
5,118		 2023
£
1,114,264
5,560
101,151
66,579
3,661
1,418,382 1,291,215

The following number of employees received employee benefits (excluding employer pension costs and employer's national insurance) during the year between:

2024 2023
No. No.
£80,000 - £89,999 1 -
£70,000 - £79,999 - 1

The total employee benefits (including pension contributions and employer's national insurance) of the key management personnel were £290,632 (2023: £283,100) in relation to four key management posts.

The Charity Trustees were neither paid nor received any other benefits from employment with the Charity in the year (2023: £nil). No Charity Trustee received payment for professional or other services supplied to the Charity (2023: £nil).

45

Lymphoma Action

Notes to the financial statements

For the year ended 31 December 2024

8 Analysis of staff costs, Trustee remuneration and expenses, and the cost of key management personnel (continued)

Trustees' expenses represent the payment or reimbursement of travel and subsistence costs totalling £241 (2023: £184) incurred by 2 (2023: 3) members relating to attendance at meetings of the Trustees.

During the year Trustee liability insurance was obtained for £4,267 (2023: £3,370).

9 Staff numbers

The average number of employees (head count based on number of staff employed) during the year was 42 (2023: 39).

Staff are split across the activities of the Charity as follows (head count basis):

Raising funds
Charitable activities
Support staff		 2024
No.
11
26
5		 2023
No.
11
23
5
42 39

10 Related party transactions

There are no related party transactions to disclose for 2024 (2023: none).

11 Taxation

The Charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

46

Lymphoma Action

Notes to the financial statements

For the year ended 31 December 2024

12 Tangible fixed assets

Property
improvements
Cost
£
At the start of the year
-
Disposals in year
-
Additions in year
-
At the end of the year
-
Depreciation
At the start of the year
-
Disposed of in year
-
Charge for the year
-
-
Net book value
At the end of the year
-
At the start of the year
-
All of the above assets are used for charitable purposes.
At the end of the year		 Property
improvements
£
-
-
-		 Computer
equipment
£
74,520
(7,212)
8,726		 Furniture &
equipment
£
16,065
-
-		 Total
£
90,585
(7,212)
8,726
- 76,034 16,065 92,099
-
-
-		 57,701
(7,212)
8,440		 4,795
-
3,211		 62,496
(7,212)
11,651
- 58,929 8,006 66,935
- 17,105 8,059 25,164
- 16,820 11,270 28,090

13 Stock

13
Stock
Goods for resale
14
Debtors
Income tax receivable
Prepayments
Accrued income		 2024
£
15,604		 2023
£
10,505
15,604 10,505
2024
£
10,077
139,276
40,850		 2023
£
10,983
88,409
30,000
190,203 129,392

47

Lymphoma Action

Notes to the financial statements

For the year ended 31 December 2024

15 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
Trade creditors
Taxation and social security
Accruals
Deferred income (note 16)		 2024
£
35,254
22,016
15,054
51,355		 2023
£
34,729
20,852
20,743
78,895
123,680 155,219

16 Deferred income

Deferred income comprises income received in advance for events, including entry deposits and sponsorships for individuals undertaking challenge events.

for individuals undertaking challenge events.
Balance at the beginning of the year
Amount released to income in the year
Amount deferred in the year
Balance at the end of the year		 2024
£
78,895
(78,895)
51,356		 2023
£
55,448
(25,504)
48,951
51,356 78,895

17a Analysis of net assets between funds (current year)

Tangible fixed assets
Net current assets
Net assets at 31 December 2024		 General
unrestricted
£
-
2,964,370		 Designated
£
25,164
1,001,385		 Restricted
£
-
35,000		 Total funds
£
25,164
4,000,755
2,964,370 1,026,549 35,000 4,025,919

17b Analysis of net assets between funds (prior year)

Analysis of net assets between funds (prior year)
Tangible fixed assets
Net current assets
Net assets at 31 December 2023		 General
unrestricted
£
-
2,492,121		 Designated
£
28,089
1,014,918		 Restricted
£
-
25,000		 Total funds
£
28,089
3,532,039
2,492,121 1,043,007 25,000 3,560,128

48

Lymphoma Action

Notes to the financial statements

For the year ended 31 December 2024

18a Movements in funds (current year)

Restricted funds:
Information and publications
Publications
Education & Training
Total restricted funds
Unrestricted funds:
Designated funds:
Investment Reserve
ICT replacement fund
Legacy fluctuation fund
Total designated funds
General funds
Total unrestricted funds
Total funds
Value of functional assets net of
restricted funds
Support for people affected by
lymphoma
Information & support, including
helpline, buddy scheme & support
groups		 At 1
January
2024
£
10,000
15,000
-		 Income &
gains
£
141,200
180,500
59,960		 Expenditure
& losses
£
(126,200)
(185,500)
(59,960)		 Transfers
£
-
-
-		 At 31
December
2024
£
25,000
10,000
-
25,000 381,660 (371,660) - 35,000
912,058
50,000
75,000
28,089		 -
-
-
-		 (235,673)
(22,665)
-
(11,651)		 200,000
22,665
-
8,726		 876,385
50,000
75,000
25,164
1,065,147 - (269,989) 231,391 1,026,549
2,469,981 2,267,259 (1,541,479) (231,391) 2,964,370
3,535,128 2,267,259 (1,811,468) - 3,990,919
3,560,128 2,648,919 (2,183,128) - 4,025,919

The narrative to explain the purpose of each fund is given at the foot of the note below.

49

Lymphoma Action

Notes to the financial statements

For the year ended 31 December 2024

18b Movements in funds (prior year)

Movements in funds (prior year)
Restricted funds:
Information and publications
Publications
Counselling/psychological support
Research
Total restricted funds
Unrestricted funds:
Designated funds:
Investment Reserve
ICT replacement fund
Facebook settlement fund
Legacy fluctuation fund
Total designated funds
General funds
Total unrestricted funds
Total funds
Value of functional assets net of
restricted funds
Support for people affected by
lymphoma
Information & support, including
helpline, buddy scheme & support
groups		 At 1
January
2023
£
-
3,200
-
12,024		 Income &
gains
£
33,000
-
134,898
-		 Expenditure
& losses
£
(23,000)
-
(119,898)
-		 Transfers
£
-
(3,200)
-
(12,024)		 At 31
December
2023
£
10,000
-
15,000
-
15,225 167,898 (142,898) (15,224) 25,000
1,176,852
50,000
8,745
75,000
25,667		 -
-
-
-
-		 (264,794)
(10,164)
-
-
(9,546)		 -
10,164
(8,745)
-
11,968		 912,058
50,000
-
75,000
28,089
1,336,264 - (284,504) 13,387 1,065,147
2,125,013 2,037,852 (1,694,721) 1,837 2,469,981
3,461,277 2,037,852 (1,979,225) 15,224 3,535,128
3,476,501 2,205,750 (2,122,123) - 3,560,128

The narrative to explain the purpose of each fund is given at the foot of the note below.

Purposes of restricted funds

Information and publications

Publications

Grants to fund information booklets from our award-winning range about lymphomas and their treatment. 50

Lymphoma Action

Notes to the financial statements

For the year ended 31 December 2024

Support for people affected by lymphoma

Information and support, including Helpline, Buddy Service and Online Support Meetings

Grants received towards our information and support services. These include our Helpline (telephone, email

and live chat enquiries from people worried about or needing information on lymphoma), Buddy Service (links people to Buddies who have similar, lived experience of lymphoma) and online peer support services.

Education and training

Education and training events and activities

Events for healthcare professionals are held throughout the year.

Purposes of designated funds

In December 2021 we received a legacy of £1.3 million which has been designated for development projects seeking to expand the range of our work and accounted for separately from other funds to prevent it masking any underperformance in mainline fundraising and services.

The ICT replacement fund is to replace ICT assets.

The legacy fluctuation fund is set aside to offset any lower than expected legacy income.

19 Operating lease commitments payable as a lessee

The Charity's total future minimum lease payments under non-cancellable operating leases is as follows for each of the following periods

each of the following periods
Less than one year
One to five years		 2024
2023
£
£
37,800
40,950
151,200
-
189,000
40,950
Property		 2024
2023
£
£
2,981
1,826
10,433
-
13,414
1,826
Equipment
189,000 40,950 13,414 1,826

20 Legal status of the Charity

The Charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.

51

Reference & administrative details

Trustees

Mark Harrison (#*)

Chair (and Chair of Remuneration Committee)

Dr Cathy Burton

James Cray (*)

Chief Executive Ropinder Gill

Key management personnel

Jim Howson

Director of Finance

Dallas Pounds

Director of Services

Susan Daniels

Deborah Laing

Keith McLeod (#*)

Treasurer (and Chair of Finance and Risk Committee) Stepped down November 2024

Melanie Brittain (#*)

Treasurer (and Chair of Finance and Risk Committee) Appointed December 2024

David McNeill

Harriet Outred (#)

Stepped down February 2024

Shaf Mansour

Christina Kirby

Charlotte Locks-Moro (#)

Director of Fundraising & Communications

Company Secretary Ropinder Gill

President

Professor John Radford

Patron

Lord Menzies Campbell of Pittenweem

Charity number England and Wales 1068395

Scotland

SC045850

Company number 03518755

Appointment ratified February 2024

Registered office

# Member of Finance and Risk Committee * Member of Remuneration Committee

Unit 3, Bell Business Park Smeaton Close Aylesbury Buckinghamshire HP19 8JR

Website

52

Bankers

CAF Bank Ltd

25 Kings Hill Avenue, West Malling, Kent ME19 4JQ

National Westminster Bank plc

22 Market Square, Aylesbury, Buckinghamshire HP20 1TR

Lloyds Bank plc

25 Gresham Street, London, EC2V 7HN

Auditor

Sayer Vincent LLP

110 Golden Lane, London, EC1Y 0TG

Medical Advisory Panel

Dr Kirit Ardeshna Charlotte Bloodworth Dr Adrian Bloor Professor Kristian Bowles Dr Cathy Burton Kathryn Chamberlain Dr Graham Collins Professor David Cunningham Dr Shirley D’Sa – stepped down from MAP January 2025 Dr Paul Fields Dr George Follows– stepped down from MAP September 2024 Dr Christopher Fox Dr Eve Gallop-Evans Dr Georgina Hall – stepped down from MAP August 2024 Professor Peter Hoskin Professor Tim Illidge Professor Peter Johnson Dr Rod Johnson Dr Nagesh Kalakonda Dr Ben Kennedy Christine Kirby Dr Kim Linton

Medical Advisory Panel (continued)

Dr Prem Mahendra

Dr Pam McKay Dr Christopher McNamara Dr Brian D Nicholson

Dr Wendy Osborne Dr Shankara Paneesha Dr Ruth Pettengell Professor Andrew Pettitt Professor John Radford (Chair) Dr Ravi Ratnavel - stepped down from MAP January 2025

Dr Bhupinder Sharma Dr Andy Wotherspoon

Image credits

Page 15: Richard Bierton

53