Registered company number 03807203
Registered charty number 1077638
THE UNIVERSITY COLLEGE
LONDON HOSPITALS
CHARITABLE FOUNDATION
(A company limited by guarantee)
Annual Report and Financial Statements
31 March 2024

THE UNIVERSITY COLLEGE LONDON HOSPITALS
CHARITABLE FOUNDATION
Annual Report and Financial statements for the year ended 31 March
2024
Contsnts
Pages
Legal and administrative information
Trustees report
Independent Examinerfs Report
Statement of financial activities
Statement of financial activits'es (31 March 2023)
Balance sheet
10
Notes to the financial statements

THE UNIVERSITY COLLEGE LONDON HOSPITALS
CHARITABLE FOUNDATION
Legal and administrative information
Chairnian & Treasurer
Dr Christopher Moran
Deputy Chainnan
Mr Colin Reilly
Charity Registration Number
1077638
Company Number
03807203
Principal address and registered office
Floor 1 b Maple House
149 Tottenham Court Road
London
W1T7NF
Independent Examiner
Heather ￿ee1hOuSe ACA
BDO LLP
55 Baker Street
London
W1U7EU
Solicitors
Linklaters
One Silk Street
London
EC2Y 8HQ

THE UNIVERSITY COLLEGE LONDON HOSPITALS
CHARITABLE FOUNDATION
Trustees report (incorporating the report of the Directors) for the year
ended 31 March 2024
The Trustees, who are the directors of the company, present their report and financial statements for The
University College London Hospitals Charitable Foundats"on (the "Foundation.) for the year ended 31 March
2024. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum
and Articles of Association, and 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).
Status and objects
The Foundation was incorporated on 14 July 1999 and is a company limited by guarantee which is incorporated
in England and Wales No 03807203. The members of the company are the trustees. In the event of the charity
being wound up the liability in respect of the guarantee is limited to £1 per member. The charity is governed by
its Memorandum and Articles of Association and is registered as a charity in England number 1077638.
The Foundation was established to promote the relief and prevention of sickness and disease and to advance
medical education. Funds raised by the Foundation can be used for the erection and maintenance of buildings,
the purchase and rna1ntenan￿ of medical equipment, for education, for employment of staff and for clinical
research.
Public Benefit
We have referred to the guidance contained in the Charity Commission's general guidance on public benefit
when reviewing our aims and objectives and in planning our future acts'vities.
Governance
The Trustees are responsible for the overall management and decision making for the Foundation. A list of the
Trustees who seNed during the year is set out on page 4 in this report. In order to promote good governance
and effectiveness, new Trustees are offered an induction programme at the time of their proposed appointment.
This is designed to ensure that new Trustees are briefed on the Foundation in order to understand its
purpose and its legal and financial position. The programme also covers the duties and responsibilities of
trustees. The trustees confirm they have been guided by the Charity Governan.ce C¢)de.
The Trustees determine the directs'on and policy of the Foundation in response to requests from University
College London Hospitals NHS Foundation Trust ("UCLH Trusf).
The Trustees meet three to four times a year and the Chaiman oversees the administration and management
of the charity.
Investment powers
Under the Memorandum and Articles of Association, the charity has the power to make any investment which
the Trustees see fit.

THE UNIVERSITY COLLEGE LONDON HOSPITALS
CHARITABLE FOUNDATION
Trustees report (incorporating the report of the Directors) for the year
ended 31 March 2024 (continued)
Review of the year and future plans
During the year UCL Hospitals Charitable Foundation continued its primary focus of supporting various projects
across the hospitals within the UCLH NHS Foundation Trust. Some of these projects are" _
Stroke Services Unit at UCLH
We currently receive £50,000 per year from The Woosnam Foundation and £50,000 per year from The Lord
Leonard and Lady Estelle Wolfson Foundation to The Michael Feldman and The Lady Estelle Wolfson Bursary
Fund to support Stroke Services at UCLH.
The Michael Feldman and The Lady Estelle Wolfson Bursary Fund supports the purchase of equipment for the
Stroke Unit as well as the education, training and development of stsff who work within Stroke Services at UCLH
under Dr David Turner, Stroke and Geriatric Consultant for UCLH. Expenditure incurred in the year of £87,998
(2023. £96,513)
The UCLH Lun
and Heart Bioresource
Over the past few years, UCLH Charitable Foundation has been fundraising to support this pioneering research
project that is improving early detection rates and survival rates for lung cancer, chronic obstructive pulmonary
disease (COPD) and cardiovascular disease (CVD). The UCLH Lung and Heart Bioresource is a vast and unique
dataset of biological information gathered by the innovative SUMMIT Study, one of the largest interventional
trials of its kind. This large and comprehensive study into these three fatal diseases allows scientists a unique
means of studying individuals at the highest risk of developing these particular diseases. The biological findings
gathered by the study are paving the way for routine early screening for Lung Cancer, COPD and CVD.
We currently have an agreement with the UCLH NHS Foundation Trust to support the salary costs of a Clinical
Fellow working on the Lung and Heart Bioresource for three years. Delays in the recruitment of the Clinical
Fellow has led to minimal expenditure in the current period, with the appointment commencing in 2024125.
Lun
s for Livin
Lung cancer may not be the most common can￿r in Britain but it is the most lethal, killing 35,000 people a year.
To bring it in line with survival rates of other cancers, it is imperative that research into lung cancer is significantly
increased and accelerated.
The Lungs for Living fund has helped to create. equip and staff a leading research centre in the UK for lung
cancer. The Lungs for Living Research Centre was created in order to bring a strong team of researchers
together in well equipped, modern laboratories. By doing this, we are able to maximize and speed up making
significant advances in understanding the causes of lung can￿r and finding new ways to treat it.
Youn
Person's Unit
The Young Person's Unit (YPU), based on ward T12 South at University College Hospital, cares for patients
aged 13-19 with chronic and acute illnesses other than cancer. These illnesses include rheumatological,
gastrointestinal and endocrine disorders, many of which are lifelong and some of which can be life threatening.
UCLH Charitable Foundation has fundraised for the YPU for over 20 years, helping to fund Youth Support Co-
ordinator staff salaries, a multi-function recreation room, toyslgames and artslcrafts materials for the young
people on the unit.
UCH Macmillan Cancer Centre
The UCH Macmillan Cancer Centre has been a fundraising project for UCL Hospitals Charitable Foundation for
well over 10 years. The Cancer Centre became operational and opened to patients in April 2012. Whilst no
longer a major fundraising appeal of ours we continue to actively fundraise forthe centre to ensure that it remains
at the forefront of cancer care and research in the UK.
Additional funds
UCL Hospitals Charitable Foundation also holds funds which supportvarious departments and areas of research
throughout the UCLH campus such as.. Obstetrics" SarcoidlCFA and Sarcoma.

THE UNIVERSITY COLLEGE LONDON HOSPITALS
CHARITABLE FOUNDATION
Trustees report (incorporating the report of the Directors) for the year
ended 31 March 2024 (continued)
Financial Review
During the year ended 31 March 2024 the Foundation's donation and legacy income was £115,847 {2023'.
£177,706). At the year end the charity is reporting net expenditure of £66K {2023- £295K). However, the balance
sheet remains strong with net assets of £543K and cash of £570K (of which £554K is held for restricted funds-
per Note 11). Details of the movements on all restricted funds are given in note 12 on page 16. Unrestricted
expenditure costs of £32k relate to one full time employee together with associated administration costs. Against
this amount, unrestricted donations in a challenging environment forfunds were received totaling £11,502, which
were predominately received in small donations (less than £1.5K).
Going Concern & Plans for the future
We plan to continue our fundraising efforts and objectives for our various funds over the next year by continuing
to make approaches for support to individual donors, companies, foundations and trusts. We have fundraising
promotions planned to continue in 2025126 in regards to donations and legacies. Confirmation of support has
been provided from Chesterlodge Limited, of which Dr Christopher Moran lchairman￿ruStee) is the sole
shareholder and PSC. The assessment of the going concem is detailed within note 2(b).
Reserves policy
Trustees believe that the Foundation should have adequate reserves to allowfiexibility to support projects across
the eight hospitals within the UCLH Trust. The 'free' reserves at 31 March 2024 were a deficit of £{7,683) £
(2023.. surplus of £50,322)- Chesterlodge Limited la company by a Trustee of the charifv) has provided a letter
of support. This letter ensures sufficient funding for more than 12 months from the date of signing these financial
statements. It covers the deficit in unrestricted funds and all unrestricted costs over the same period.
Risk exposure
The Trustees have addressed the major risks to which the Charity is exposed, in particular those relating to its
operations and finances, and are satisfied that the systems in place are sufficient to minimise any exposure
identified.
UCLH Charitable Foundation holds reserves and these will be used, together with support from Trustees,
accordingly to ensure the charity remains a going concem.
Trustees
The Trustees of the Foundation who served during the year were:
Dr Christopher Moran (Chairman)
Dr Margaret Spittle OBE, FRCP, FRCR
Dr Jeremy George MA, Msc, MD, FRCP
Mr Colin Reilly

THE UNIVERSITY COLLEGE LONDON HOSPITALS
CHARITABLE FOUNDATION
Trustees report (incorporating the report of the Directors) for the year
ended 31 March 2024 (continued)
Statement of Trustees responsibilities
The Trustees (who are also Directors of the Foundation for the purposes of company lawl are responsible for
preparing the Report of the Trustees and the financial statements in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice}.
Company law requires the Directors to prepare financial statements for each financial year. Under that law the
Directors have elected to prepare the financial statements in accordance with United Kingdom Generally
Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law
the Directors must not approve the financial statements unless they are satisfied that they give a true and fair
view of the state of affairs of the company and of the income and expenditure of the charitable company for that
period. In preparing these financial statements, the Directors are required to-
select suitable accounting policies and apply them consistenty"
observe the methods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any material departures
disclosed and explained in the financial statements-
prepare the financial statements on the going con￿rn basis unless it is inappropriate to presume that the
charitable company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity
and enable them to ensure that the financial statements comply with the requirements of the Companies Act
2006. They are also responsible for safeguarding the assets ofthe charity and hence for taking reasonable steps
for the prevention and detection of fraud and other irregularities.
The Trustees are responsible for the maintenance and integrity of the corporate and financial information
included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination
of the financial statements and other information included in annual reports may differ trom legislation in other
jurisdictions.
In so far as the Trustees are aware:
there is no relevant information of which the charitable company's independent examiner is unaware,. and
the Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant
information and to establish that the independent examiner is aware of that information.
The Trustees are responsible for keeping proper accounts'ng 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 Companies Act 2006. They are also responsible for safeguarding the assets of the
company and hence ft)r taking reasonable steps for the prevents'on and detection of fraud or other irregularities.

THE UNIVERSITY COLLEGE LONDON HOSPITALS
CHARITABLE FOUNDATION
Trustees report (incorporating the report of the Directors) for the year
ended 31 March 2024 (continued)
Small company provisions
This report has been prepared in accordance with the special provisions for small companies under Part 15 of
the Companies Act 2006.
y order of
Dr Christopher
Chairman
Date. 24/02/2025
oran

Independent Examiner's Report to the members and Trustees of The
University College London Hospitals Charitable Foundation
I report to the charity's Trustees on the accounts of the company for the year ended 31 March 2024 which are
set out on pages 8 to 19.
This report is made solely to the charity's trustees, as a body, in accordance with Regulation 31 of the
Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the
charity's trustees those matters l am required to state to them in an independent examiner's report and for no
other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other
than the charity's trustees as a body, for my work, for this report, or for the statement I have made.
Responsibilities and basis for report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are
responsible for the preparation of the accounts in accordan￿ with the requirements of the Companies Act
2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the
2006 Act and are eligible ft)r independent examination. I report in respect of my examination of your charity's
accounts as carried out under section 145 of the Charities Act 2011 {'the 2011 Act,). In carrying out my
examination I have followed the Directions given by the Charity Commission under section 145(5} (b) of the
2011 Act.
Independent examinerfs statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe..
1 .accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act" or
2.the accounts do not accord with those records", or
3.the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any
requirement that the accounts give a 'true and fair view which is not a matter considered as part of an
independent examination- or
4.the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities {applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
IFRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Signed..
Docusbjned by..
DA15AED7SD454S3.
Heather Wheelhouse ACA
BDO LLP
London, UK
Date 25 February 2025
BDO LLP is a limited liability partnership registered in England and Wales (with registered number OC305127)

THE UNIVERSITY COLLEGE LONDON
HOSPITALS CHARITABLE FOUNDATION
Statement of financial activities for the year ended 31 March 2024
(incorporating an income and expenditure account)
Unrestricted
funds
Restricted
funds
Total funds
2024
Totsl funds
2023
Note
Income and expenditure
Income
Donations and legacies
Investment income
11.502
503
104,345
16,300
115,847
16,803
177,706
8,080
Total income
12,005
120.645
132,650
185,786
Expenditure
Cost of raising funds
Charitable activities
32,892
43,611
32,892
165,435
85,938
394,659
121,824
Total expenditure
76,503
121.824
198,327
480,597
Net expenditure
(64,4981
(1,179)
(65,677)
(294,811)
Transfers between funds
6,493
(6,493)
Net movement in funds
(58,005)
(7,672)
(65,677)
(294,811)
Fund balances
Balances brought forward
50.322
558,218
608,540
903,351
Balances carried fonNard
{7,683
550,546
542.863
608,540
All above amounts are derived from continuing operats"ons.
All gains and losses for the year are shown above.
The notes on pages 11 to 19 form part of these financial statements

THE UNIVERSITY COLLEGE LONDON
HOSPITALS CHARITABLE FOUNDATION
Statement of financial activities for the year ended 31 March 2023
(incorporating an income and expenditure account)
Unrestricted
funds
Restricted
funds
Total funds
2023
Total funds
2022
Note
Income and expenditure
Income
Donations and legacies
Investment income
18,043
205
159,663
7,875
177,706
8,080
158,589
716
Total income
18,248
167,538
185,786
159,305
Expenditure
Cost of raising funds
Charitable activities
12,605
10,674
73,333
383,985
85,938
394,659
119,731
137,535
Total expenditure
23,279
457.318
480.597
257,266
Net expenditure
(5.031)
(289.780)
1294,811)
(97,961)
Net movement in funds
(5,031)
(289.780)
(294,811)
(97,961)
Fund balances
Balances brought forward
55.353
847.998
903.351
1,001,312
Balances carried forward
50,322
558.218
608.540
903,351
All above amounts are derived from continuing operations.
All gains and losses for the year are shown above.
The notes on pages 11 to 19 form part of these financial statements

THE UNIVERSITY COLLEGE LONDON
HOSPITALS CHARITABLE FOUNDATION
Balance Sheet at 31 March 2024
Note
2024
2023
Current assets
Debtors
Bank balances and cash in hand
1,448
570,225
1,493
678,096
571.673
679,589
Creditors: amounts falling due within one year
10
128,810)
(71,049)
Total assets less current liabilities
542.863
608,540
Unrestricted funds
Restricted funds
11
11
(7,683)
550,546
50,322
558,218
Total funds
542,863
608,540
The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006
with respect to accounting records and the preparation of financial statements.
For the financial year in quests'on the company was entitled to exemption under section 477 of the Companies Act
2006 relating to small companies.
No members have required the company to obtain an audit of its accoun+ for the year in question in accordance
with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to
accounting records and for the preparation of accounts.
These accounts have been prepared in accordan￿ with the provisions applicable to companies subject to the small
companies, regime.
The financial statements were approved by the Trustees and authorised for issue on
signed on their behalf by-
and were
Mr
eilly
Dr
pher Moran
Deputy Chairman
Chairman & Treasurer
The notes on pages 11 to 19 form part of these financial statements.
10

THE UNIVERSITY COLLEGE LONDON
HOSPITALS CHARITABLE FOUNDATION
Notes to the financial ststements for the year ended 31 March 2024
Company information
The University College London Hospitsls Chantable Foundation is a Charitable company limited by
guarantee incorporated and domiciled in England & Wales.
The Registered Office is Floor 1b Maple House, 149 Tottenham Court Road, London, W1T 7NF.
The principal acttvity of the Charty is to promote the relief and prevention of sickness and disease
and to advan￿ medical education. The Company's registered number is 03807203. The registered
Charity number is 1077638.
The functional and presentational currency of these financial statements is GBP.
Accounting policies
Accounting basis
The financial statements cover the period 1 April 2023 to 31 March 2024.
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
1021 (effective 1 January 2019) - (Charities SORP {FRS 102)), the Financial Reporting standards
applicable in the UK and Republic of Ireland (FRS 102) the Companies Act 2006 and the Charities
Act2011.
The charty meets the definition of a public benefit entty under FRS 102. Assets and liabilities are
initially recognised at historical cost or transaction value unless otherwse stated in the relevant policy
note(s).
They are prepared under the historical cost convention.
b)
Going concern
As of 31 March 2024, the charity had total reserves of £542,863 represented by (£7,683) of
unrestricted reserves and £550,546 restricted reserves. The majority of expenditure is within
restricted funds. The Foundation has received a letter of support from Chesterlodge Limited
{Company registration no 01611575) who will provide sufficient funding to ensure the charity will
have sufficient income generated over a period greater than 12 months from the date of these
financial statements to cover the deficit as of 31 March 2024 in unrestricted funds and all
unrestricted costs over the period to 28 February 2026.
On this basis, the Trustees have reviewed and made an assessment of the charity's ability to
continue as a going con￿rn for a period of at least ￿e1ve months from the date on which the
financial statements are approved. If in the worst case scenario no further external funds were
received by the charity, there would be sufficient support from Chesterlodge Limited to cover costs
for a period exceeding ￿e1ve months from the date of signing of these accounts. We plan to
continue ourfundraising efforts and objectives for ourvarious funds over the next year by continuing
to make approaches for support to individual donors. companies. foundations and trusts.
This assessment indicates the ability of the entty to continue to operate as a going con￿rn and
therefore it is considered appropriate to prepare the accounts on a going concern basis.
In making their assessment the Trustees do not consider there to be any material uncertainty
relating to events or conditions that individually or collects-vely may cast significant doubt on the
charity's ability to continue as a going con￿rn.

THE UNIVERSITY COLLEGE LONDON
HOSPITALS CHARITABLE FOUNDATION
Notes to the financial statements for the year ended 31 March 2024 (continued)
Accounting policies (continued)
Income
All income is included in the Statement of Financial Activities (SOFA) when the charty is legally entitled
to the income and the amount can be quantified with reasonable certainty.
d)
Legacies
Legacies are included when the charity is advised by the personal representative of an estate that
payment will be made, or that the receipt is probable and the amount involved can be quantified.
Expenditure
All expenditure is accounted ft)r on an accruals basis, inclusive of irrecoverable VAT, and is
allocated to the appropriate heading in the accounts.
Costs of raising funds include the costs incurred in generating voluntsry income and the costs of
direct publicity intended to raise the profile of the charity.
Charitable expenditure comprises services supplied and activities undertaken which are identifiable
as wholly or mainly in support of the charity's objectives.
Governance costs are those costs associated with the governance arrangements ofthe charity, and
these include audit, legal advice for trustees, Costs associated with trustee meetings and the cost
of the preparation of the statutory accounts.
Support costs are those costs which enable fund generating and charitable activities to be
undertaken. Costs that relate to more than one activity have been apportioned, with reference to
staff time, on a reasonable and consistent basis.
Grnnts payable
Grants payable are accounted for in the financial statements as liabilrties when the Foundation has
either a legal or constructive obligats.on to meet.
g)
Fund accounting
The Foundation has three types of funds for which rt is responsible and which require separate
disclosure. These are as follows..
Restricted funds
Donations or legacies received which are earmarked by the donor for specific purposes. Such
purposes are within the overall aims of the Foundation.
Designated funds
These are funds set aside by the Trustees out of the General Fund for a specific purpose. There
were no designated funds in the year.
General fund
Funds, which are expendable at the discretion of the Trustees in furtherance of the objects of the
Foundation.
h)
Capital expenditure
No expenditure below £500 is capitalised as the size and nature of the items purchased are not
considered matenal.
Financial Instruments
The trust only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are recognised at transaction value.
12

THE UNIVERSITY COLLEGE LONDON
HOSPITALS CHARITABLE FOUNDATION
Notes to the financial statements for the year ended 31 March 2024 (continued)
Accounting policies (continued)
i)
Judgments in applying accounting policies and key sources of estimation
uncertainty
In preparing the Financial Statements, management is required to make estimates and assumptions
which affect reported income, expenses, assets, liabilities and disclosure of contingent assets and
liabilities. Use of available information and application of judgement are inherent in the formation of
estimates, together with expectations of future events that are believed to be reasonable under the
circumstances. Actual results in the futu￿ could differ from such estimates.
There are not considered to be any key areas of judgement in these financial statements.
Income from donations and legacies
2024
2023
General donations
Legacies
Donations from charitable trusts
Donations from events
12,160
49,630
103,100
587
128,076
115,847
177,706
Restricted income is £104,345 (2023: £159,663).
Interest receivable and similar income
2024
2023
Interest receivable
16,803
8,080
Restricted income is £16,300 (2023.. £7,875).
Costs of raising funds
2024
2023
Direct costs of fund raising activities
Staff costs
General overheads
5,251
20,331
7,310
8,544
67,092
10,302
32,892
85,938
Restricted expenditure is £nil {2023- £73,333).
13

THE UNIVERSITY COLLEGE LONDON
HOSPITALS CHARITABLE FOUNDATION
Notes to the financial statements for the year ended 31 March 2024 (continued)
Charitable activities
2024
2023
Medical salaries and direct costs
Staff costs
General overheads
Governance costs (note 7)
76.608
57,549
7.308
23.970
347,319
33,589
6,560
7,191
165,435
394,659
Restricted expenditure is £121,824 {2023: £384,005).
Governance costs
2024
2023
Staff costs
Independent examination
Other costs
12,335
5.022
6,613
666
4,317
2,208
23,970
7,191
Staff costs
2024
2023
Staff:
Gross
Employers Nl
Pension
63.973
8,211
10.030
61,482
7,578
9,537
Self*mployed:
Gross
8.000
22,570
90,214
101,167
One staff member (2023: One} is employed by the University College London Hospitals NHS Trust and is
contracted to work for the Foundation. Staff costs are Charged to the Foundation on the basis of the time spent
working for the Foundation. 1 member of staff was paid more than £60,000 (2023: 1).
The Trustees consider themselves as comprising the key management personnel ofthe Foundation, in charge
of directing and controlling the Foundation. No Trustee received remuneration for serVi￿S dL2ring the year
(2023.. nil) and received no benefits in kind (2023.. nil). No Trustee claimed any expenses during the year (2023..
nil). No Trustee received any beneficial interest in any contract with the Foundation.
14

THE UNIVERSITY COLLEGE LONDON
HOSPITALS CHARITABLE FOUNDATION
Notes to the financial statements for the year ended 31 March 2024 (continued)
Debtor5
2024
2023
Due within one year
Interest receivable
Other debtors and prepayments
1,448
1,228
265
1,493
10.
Creditors
2024
2023
Due within one year
Other creditors and accruals
28.810
71,049
28.810
71,049
11.
Analysis of net assets between funds
Unrestricted Restricted Total 2024
Bank
Debtors (note 9)
Creditors (note 10)
16,520
553,705
1,448
14,609)
570,225
1.448
(28.810)
{24.201)
(7,683)
550,546
542,863
Analysis of net assets between funds (prior year)
Unrestricted Restricted Total 2023
Bank
Debtors (note 9)
Creditors (note 10)
63.106
265
(13,049)
614,990
1,228
(58,000)
678,096
1,493
171,049)
50.322
558,218
608,540
15

THE UNIVERSITY COLLEGE LONDON
HOSPITALS CHARITABLE FOUNDATION
Notes to the financial statements for the year ended 31 March 2024 (continued)
12.
Restricted funds
Balance
1 April
2023
Balance
31 March
2024
2024
Income
Expenditure
Transfer
Aids
Arthritis (Dr Fishe¢s RLHH
Research)
Cancer Clinical Trials
Cancer Day Centre
Cardiology Clinical Trials
Colorectal Cancer Unit
COX2 Sarcoid Project
Dr Seddon's Sarcoma Fund
Early Lung Cancer Project
Learning Disability Services
Lifebox
Lung & Heart Bioresource
Lungs For Living
The Michael Feldman & Lady Estelle
Wolfson Bursary Fund
Mitochondrial Fund
Multi-sensory Room
Paediatric Oncology Research Nurse
Paediatric Ward T11
Pranav Pandya's Obstetrics Fund
Radiopharmacy Facility
RLHH
RLHH Research
RNTNE Play Services Fund
Roald Dahl Fund
Rokitansky Syndrome Fund
Royal Nat. Throat Ear & Nose
Hospital
Sarcoid
Severe Asthma Unit
Stephen Green Fund
Stroke Unit
Therapy Services
Transplant Unit
UCLH Paediatric Epilepsy Unit
Young People's Unit
600
600
5,701
911
1.065
3.139
3.355
1.137
146.985
174
77
46
236.863
80.114
172
120
754
89
101
5,873
1,031
1,708
3,031
3,456
197
1,137
4.166
108
9,245
17
141,906
265
10
77
12
13
8.556
2.067
5,061
15,352
240,358
66,829
14
15
16
17
18
19
20
21
22
23
24
25
15,273
19,000
1,000
451
2,285
16,600
367
908
130
25
192
305
100,966
539
87,998
1,195
28,241
18,344
1,000
13
65
573
28
144
1.051
436
2,206
16,122
367
908
130
26
12
19
185
295
26
27
28
29
30
31
32
33
333
1,284
42
1,796
21
96
321
1,471
283
42
51
1,626
113
99
1,734
1,527
200
930
13,147
3,783
200
930
373
827
238
12,693
3,545
558,218
120.645
121,824
6,493
550,546
During the year, transfers were made from inactive restricted funds to unrestricted funds. This transfer was made
due to certain restricted funds were unutilised for a significan: period. This reallocation ensures that these funds
can be effectively used to support our ongoing activities and was done in accordance with the charity commission
guidance.
16

THE UNIVERSITY COLLEGE LONDON
HOSPITALS CHARITABLE FOUNDATION
Notes to the financial statements for the year ended 31 March 2024 (continued)
12.
Restricted funds (Prior year)
Balance
1 April
2022
Balance
31 Maroh
2023
2023
Income Expenditure
Aids
Arthritis (Dr Fisheff s RLHH
Research)
Cancer Clinical Trials
Cancer Day Centre
Cardiology Clinical Trials
Colorectal Cancer Unit
COX2 Sarcoid Project
Dr Seddon's Sarcoma Fund
Early Lung Cancer Project
Learning Disability Services
Lifebox
Lung & Heart Bioresource
Lungs For Living
The Michael Feldman & Lady Estelle
Woltson Bursary Fund
Mitochondrial Fund
Multi-sensory Room
Paediatric Oncology Research Nurse
Paediatric Ward T11
Pranav Pandya's Obstetrics Fund
Radiopharmacy Facility
RLHH
RLHH Research
RNTNE Play Setvices Fund
Roald Dahl Fund
Rokitsnsky Syndrome Fund
Royal Nat. Throat Ear & Nose
Hospital
Sarcoid
Severe Asthma Unit
stephen Green Fund
Therapy Services
Transplant Unit
UCLH Paediatric Epilepsy Unit
Young People's Unit
600
600
14,057
698
200,006
3,139
4,283
1,137
137,161
927
77
9,000
5,701
911
1,065
3,139
3,355
1,137
146,985
174
77
46
236,863
80,114
213
1,059
200,000
72
1,000
24,824
247
15,000
1,000
10
12
13
236,023
170,732
37,732
128.350
14
15
16
17
18
19
20
21
22
23
24
25
11,178
21.785
1.000
451
2.279
18.277
367
908
1.058
25
192
299
100.608
215
96,513
3,000
15.273
19,000
1.000
451
2,285
16,600
367
908
130
25
192
305
323
2,000
72
1,000
26
27
28
29
31
32
33
333
830
42
2,724
200
930
15,004
1,230
333
1,284
42
1,796
200
930
13,147
3,783
72
1,000
143
2,000
{2,545
847,998
167,538
457.318
558.218

THE UNIVERSITY COLLEGE LONDON
HOSPITALS CHARITABLE FOUNDATION
Notes to the financial statements for the year ended 31 March 2024 (continued)
12.
Restricted funds (continued)
Notes
(1.)
These fvnds were for research into HIVIAIDS
(2.)
These funds are to support research and educational work regarding Arthritis at the Royal London
Hom￿0pathiC Hospitsl (now known as the Royal London Hospital for Integrated Medicine)
(3.)
These funds were to support the Can￿r Clinical Trials Unit (primarily Gl)
(4.)
These funds are for the UCH Macmillan Can￿r Centre
(5.)
These funds are to support research work into Cardiology
{6.)
These funds are to provide equipment and patient information packs for the Colorectal Cancer
Unit
(7.)
These funds were to support the COX2 Sarcoid project
(8.)
These funds are to support Dr Seddon's Sarcoma Fund
{9.)
These funds are to support the Early Lung Cancer Detection & Treatment Programme
(10.) These funds were to support Learning Disabilty servI￿s throughout the Trust
(11.) These funds were for Lifebox
(12.) These funds are to support the UCLH Lung & Heart Bioresour
{13.} These fvnds are to support Lungs for Living
(14.) These fvnds are to support the Stroke Services Department at UCLH
115.) These funds are to support Mttochondrial Research
(16.) These funds were to support a multi-sensory room
(17.) These funds were used to support a Paediatric Oncology Research Nurse and research work into
Paediatric Oncology
(18.) These funds are to provide recreational facilities for the T11 Paediatn'c Ward
(19.) These funds are to suppor*. the Obstetrics work of Pranav Pandya and the Fetal Medicine Unit
(20.) These funds were for a Radiopharmacy Facilty
(21.) These funds were for the com.plementary and alternative medicine library and information centre at
the Royal London Homoeopathic Hospital (now known as the Royal London Hospital for Integrated
Medicine)
(22.) These funds were for research Ca￿led out at Royal London Homoeopathic Hospital (now known
as the Royal London Hospital for Integrated Medicine)
(23.) These funds were to support the Roald Dahl Marvellous Children's Charity Play Specialist
18

THE UNIVERSITY COLLEGE LONDON
HOSPITALS CHARITABLE FOUNDATION
Notes to the financial statements
For the year ended 31 March 2024 (continued)
13.
Restricted funds (Gontinued)
Notes
(24.) These funds are to support work around Mayer Rokitansky Kuster Hauser Syndrome- also known
as DSD (Differences of Sex Development)
(25.) These funds are to support the Play Specialists at the Royal National Throat, Nose and Ear
Hospitsl (RNTNE} and the Nuffield Hearing and Speech Centre
126.) These fvnds are to support SeNi￿S at the Royal Nats'onal Throat, Nose & Ear Hospital
{27.) These funds are for research into Sarcoid I Cryptogenic Fibrosing Alveolitis (CFA)
(28.) These funds were to support the Severe Asthma Unit
(29.) These In Memoriam donations for Stephen Green are used to predominantly supportthe maternity
ward at UCH {as well as other areas)
(30.) These funds are to support Stroke Unit throughout the Trust
(31.) These funds were to support Therapy Services throughout the Trust
(32.) These funds were to support the Transplant Unit
(33.) These funds are to support the UCH Paediatric Epilepsy Unit
(34.) These funds are used to support the Young People's Unit
13.
Related parties
During the year UCL Hospitals Charitable Foundation continued its primary fccus of supporting various projects across
the hospitals within the UCLH NHS Foundation Trust. During the year, the UCLH NHS Foundation Trust recharged
salary costs to The University College London Hospitals Charitable Foundation of £82,214 {2023; £78,596). At the
year£nd there was £16,761 due to the UCLH NHS Foundation Trust (2023: £nil}.
19