Charity registration number 1089086 {England and Wales)
Company rngistration number 04125713
THE FOUNTAIN CENTRE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

THE FOUNTAIN CENTRE
LEGAL AND ADMINISTRATIVE INFORMATION
Trustses
N A Hobs¢)n (Chairman)
MERead
D M Roberts
W Roberts
M J Simpgon
V Mumford
M Jarratt
DrJ E Wthtlby
M l Merryweather
D E C Hudson
VLMKan
(Appointed 29 July 2025)
Secretary
W Roberts
Charlty number
1089088
Company numbar
04125713
Registsred offic8
Royal Surrey County Hospital
Egerton Rd
Gulldford
GU2 7XX
Independent examlner
Paul Davis FCA
Brighl Grahame Murray
Emperorfs Gate
114a Cromweu Road
Kensington
London
SIAIT 4AG
Banker8
HSBC Bank
12A North Slreet
Guildford
GU14AF
Solicltors
Moore Barltyw LLP
The Oriel
Sydenham Rd
Guildford
GU13SR

THE FOUNTAIN CENTRE
CONTENTS
Page
Trustees, report
Independent examinefs report
Statemenl of financlal activilies
Balance Sheet
10
Statement of cash tlows
11
Notes *0 the financial ststements
12-24

THE FOUNTAIN CENTRE
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
The Twstees present their annual report and financial statements forthe year ended 31 December 2024.
The accounts have been prepared in accordance wilh the accounting policies sel out in note 1 to the accounts
and comply with the Charity's goveming document, the Companies Act 2006 and 'Accounting and Reporting by
Charilias: Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in
accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)° (as
am8nded for accounting perlods commenclng from 1 January 2016).
The company is a charity which exists to aid the prowsion of infonnation and relief to cancer patiènts and their
familie5 and ¢arers mainly in Suirey, Wesl Sussex and Hampshi￿.
dvice and Infomiatlon
The Fountain Centre wa5 established in 1998 in the Royal Surrey County Hospital. Gulldford. to provide a caiing
environment lor patients newly dlagnosed wlth cancer. in order to balance the traditional approaches to can￿r
treatment with a range of complementary therapies and individual support. The Centre is located wlthln the St
Luke's wing of the Hospital, now named Royal Surrey Cancer Centr8. on floors, a level A faclllly With
treatment rooms was opened In April 2012 lo extènd the seNices provided by the original centre. Within this
Centre, patients. their families and carers can mak8 infofmed choices about their future and become active in
their own self-managem@nL Most adminlstrative staff are employed by the Royal Surrey NHS Foundab'on Trusl,
whiGh is then, in m081 ca$e$, raimbur3ed by the company.
The Fountaln Cenlre operates under a rolling IwTryear Service Level Agreement (SLA) with the hospital. which is
scheduled for renewal in April 2025. A review of the current SLA is already underway. The hospttal currently
provides the accommodalion and associated utilitie5 foi the Centre. The Fountain Centre ¢ontribute5 to its
operational costs. Therapists and volunteers-vilal lo the Cenlre's daily operations-are recruited through the
Royal Surrey Volunteer Seryice. The Fountain Centre also funds the provision of books, leaflets, and audlo-visual
materials to ensur8 Vlsltors have free access to Infomation. Addilionally, the Centre maintsins a dedicated
resource website offering patients information and advice. Since 2022, the Centre has significantly 6xpand6d its
virtual and online servlces.
Futu
ose
In order to meet the objects of the company In support of The Founlain Centre operations. the future strategy
Includes seeking ways to expand the premises and facalilies available lo allow an increase in the servi￿5
providéd lo meet the rise in numbers of people using the Centre year on year. The current business plan runs lo
the end of 2025. Discussions on the new Business plan started in November 2024 and il was agreed to develop
a 5 year buslness plan and strategy. To accommodate Irading acliwlies, Fountain Cenlre Servlces Limited was
inGorporated in 2015 and started trading on 1 February 2016. At the end of 2024 the Directors of the trading
company, in consultation with the Fountain Centre's Board of Trust8es, decided to end ils chargeable activi118s in
order lo concentrate on addressing the growing requirements al the Centre and to allow the company to remain
domiant until the charills fu￿re strategy had been agreed in the new 2025 Business Plan.
The Trustees rèview the Charivs objectives and activilies to ensure they conlinue to rellect Its aims. In carylng
out this review, Ihe Trustees have considered the Charity Commisslon's general guidance on public benefit and
are satisfied that il meels the criteria in full.
Unfortunately, we were unablÈ to restsrt our services at Frimley and Ashford Hospitals due to increased demand
and capacily issues at the main hospital. As our pres8nc"e wilhin the Royal Surrey Cancar Service grows. it was
agreed that for the immediate fuiure. we would focus on developing the new space and increasing our scope of
work within Ihe main cancer c8ntr&.

THE FOUNTAIN CENTRE
TRUSTEES, REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
While the Gurrent financlal position of The Fountain Centre remains healthy, Twstees are mindful that we are
entering a more challenging economic dimale. This may impact not onty the Centre direclly, but also th8
availability of exlemal fundlng from gBnt-making bodies. In response. Trustees work dosely with the Head of
The Fountaln C8nlr8 to regularly assess ongoing demand for the service and èxplore how it can conlinue lo be
susta5nably funded. The Board activety considers both medium- and long-temi funding strategies, and the Head
of the Centre provldes updates on fundraising progress and developmants at aach quarterfy Board m881ing.
Governancé
We have ¢ontinu6d to maintaln good govemance through regular meetings of the Board of Trustees and ils
constituent cornarstone groups and these have been well attended. The majority of Ihese meetings have been
held face to face but trustees have used video Conferen￿ faclltigs where these have been more convenient for
the members ¢on¢emed.
The Trustees are grateful for the unstinting efforts of thelr staff and volunteers durfng this demanding period.
Overall achlevements
In 2024, the Founlain Centre experlenc8d continued growlh in demand for its seNices. General referrals
Increased from 1,157 in 2023 to 1,378 in 2024. Notably, there wa5 a 24.50A rise In referrals to our Family SeNice
and a 15•A increase in overall appointmants, bringlng the Centre ¢los8 to full capacity, Our relationship wlth
Guildford CAB continued into its 4th year and w8 saw a lolal of 226 referrals. 672 different issues discussed, and
Clients are in receipt of, or are expected lo receive. £741,487 in welfare benefits and othèr financial help
A $ignlficant development thls year v￿S the opening of the new Cancgr Centre in August 2024. This space has
enabled the Royal Surrey lo manage the increase In demand by provlding a larger walting area and new clinic
rooms. The Fountain Centre was allocated a large space in the wa¢ti'ng area, which was deslgnaled as the
Fountain Centre support and wellbeing hub and provid8d the Fountain Centre wilh rnuC￿needed additional
space. This expansion enabled us lo launch new support groups focused on managlng fatigue and sleep issues,
enhancing the holistic support avallable to patients. The space has a number of information screens so patients
can understand what seNlces are Provided whilst waiting for thelr dinic appointment.
In the same month, we recrurted an oncology physiotherapist to help realise our long-lerm vlsion of integrating
exerclse m•diane Into Cancer care. This role has slrengihened collaboration with Clinical Nursè Specialist (CNS)
teams across the hospital. The physiotherapist now regularly attends mult￿dIsdpl]n8ry team meelings and is
working alongside the University of Surrey and the Breast Team to ¢Q-develop specialist advice and support
tailored lo pallents, needs. This initiative empowers patienls to manage trealm8nt side effects and regain
confidence in retumlng to exercise.
While our partnership with Ihe Pituitary Foundatlon eontinued in 2024, we decided lo conclude the GRACE
Counsellor projeGI followlng a olralegic rewew. We also ceased providing services dlrectly at Clrde HÈallh. bul
reaifirnied our commitment to the broader community by wetcoming all local private patients to access Fountain
Centre servioes at the hospital.
A major focus in 2024 was Ihe redevelopmenl of our palient wellbeing garden, a cherished space for refleclion
and recovery. We began planning and capital fundralsing for Ihi5 project. which is expected to be compleled and
opened In 2025. Our marketing team undertook a marketing survey and branding review to understand how
patlents, carers, and professionals perceive the Fountain Centre and 10 Identify opportunities to strengthen our
identity, improve communication, and enhance engagement.
Staff development remained a L)Jrnerstone of our progress. Key highlights include:
our acupuncturlst commencing a PhD focused on cancer care.
Our PsychologiLxI Lead beginning a Masterfs degree in Health Psythology.
Our Centre Manager participating in Ihe NHS Leadership Academy's Rosalind Franklin programme.
Our Cancer Coach PhD candidate published Iheir first paper in a peer-re￿eWed heallh ioumal, marlllng
an Important milestone for our evidence-ba5ed praGtice.

THE FOUNTAIN CENTRE
TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
We also deepened our engagement with a national coathing organisalion, ￿llaboratIng on the development of
standards of practice for c8nc8r coaching, helping shape lh2 future of thls growing field.
Finally, Tha Fountain Centre's commrtment to working dosely and in partnership with the Royal Suffey led us to
undertake a joint NHS England Quality lrnprovement IQI) project focused on care administration. This project
aimed lo ensure that every eligible patient is consislenlly informed about the wellbeing support avallable Ihrough
the Fountain Centre. reinforcing our shared commitment to equity and access. Thls prolect will continue into
2025 and through this collaborallve approach, we aim to Strengthen our integration within patients canor
pathways, aligned our processes more closely wilh clinrcal teams, and ensured that 8molional and hollsllc
support is embedded for the patients from the point of diagnosis onwards.
Fundralslng
We held a number of fundraising events during 2024 induding a sponsored skydive. a Fashion Show. and the
Christmas Concert, bringing in £80,860. We are grateful for the continued contributions of donors and
supporters, especially those who enhance their donations through glft aid which reali5ed £38,586 during 2024.
We continued to be funded for specific activities and roles and ar8 very gratefvl for the ongoing svpport from our
donors. Our healthy fundraising meant Ihal our income exceeded our running costs in 2024, enabling us again to
replenish some of the reserves we were forced to draw on in 2Q21, whl¢h have now almosl recovered lo Iheir
preknCOVID state.
FINANCIAL REVIEW
Re8uIts
The nel in¢oming resources for the year amounled to £157,515 (2023.. £78,704) including nel Incomirig
resources of £133,028 12023: £18,343) ￿lated to designated and reslrictad funds. At the end of the year
General Unreslricted Funds arnounled to £451,287 (2023: £426,800), Deslgnated Funds £259,058 {2023:
£271,595> and Restrictèd Funds £331,031 (2023: £185,466).
Fundraislng evènls ralsed sums of £80.860 in 2024 (2023: £101,613). In addits'on, general unrestricled donations
were £229,084 {2023'. £198,858) (see note 2).
serve
Th• Trust•os havo 8$tablighod a polioy whcroby the oim IJ to hold General ReseNes wliiLlI gyudl& Its
mlnimum ol six months of the annual running costs of operating the Fountain Centre. While we currently exceed
this reserve target we ctosely monitor the funding needs of the charity on an ongoing basis, balanclng the deslre
to maintain reserves with the cash requirements of developin9 the future stralegy. The Trustees formally review
the continuing appropriateness of the resems policy on a regular basis and will pay Speclal attention to thi5
during the development of a new Business Plan in 2025.
Investmon
Polic
and Strdte
As reported previously, due lo a signifi(xnt legacy and 2 few large donations. The Fountsin Centre's investment
strategy was revlsed at the end of 2019 lo manage these funds appropriately. These funds have b88n set aside
to cover the ongoing costs of posts and their associated services currendy covered by grants, whlch. with
terminatlon dales. may possibly not be renewed. The Fountain Centre board felt tt was appropriate to sel these
funds aside due lo concerns regarding aeLessing future grants. thereby ensuring continuity around these posts
and the value they add to patienl support.
In 2019 an initial amounl of £200,000 was earmarked to be drip-fed into three funds under a Standard Life wrap,
which was completed in 2020. A later decision was made in 2021 10 invest a further £300,000 and to modify the
investment pollcy so that we could be assured that Ihere was no direct exposure of the charity lo the tobacco
Industry, resulling in investments in Ihe Quillei Chan"tles Fund and Iwo new funds under the Standard Life WTap.
As a result of economic uncertainty, the monlhly drip-feed into the wrap fijnds was stopped at the point where
only c.£435K of the tolal Ixlmmitment lo £500K long-lemi irweslmenls was completed.

THE FOUNTAIN CENTRE
TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
The board continued to consult with its IndèperKlent Financial Adviser (IFA) on the ¢harity's investment portfolio
and in the summer of 2024 deaded to close tts existing lunds. replaung tham wilh a fund managed by
Rathbones. on a discretionary basis. These inveslmenls. then valued at c, £456K were transferred to Rathbones
during the third quarter of 2024, and at 31 De￿mber 2024 stood at c.£363K (c.£411 K at 31 December 2023)
axcluding cash balances held in the portfollo of £89K (c.£20k at 31 December 2023).
Risk Revlew
The Trustees have assessed Ihe major risks to which the Charrty is exposed, and are s￿$r1ed that syslem5
are in place to rnitlgate exposure to the major risks.
Thg most significant risks to the organisation have been Identif￿ as:
We need to add fvndraising expertise to the trustee board.
We need to have a robust plan to reduce the risk of reliance on a Concentrated number of donors by
Improved diverslltcalion of our Ir)corne slreams
We need lo add our relationship with the Royal Surrey Cancer Centre to Partnershlp working.
We need to Increase focus on volunteer training to rnake SU￿ it Is completed on timg.
Trustees recognise that, while steps have been taken to reduce exposure to funding and operational risks,
challenges remain. External risks have been mitigated to some extent Ihrough a broader approach lo
fundraising and the introduction of a reserves policy. Internally. procedures are in place to manage risk through
authorssalion protocols and the requirement for Truste8 approval on major projeds and annual budgots. These
easures are kept under rewew lo ensure they remain appropriate in a changing environment.
Policie5 and the rlsk reglsler are reviewed regularly, and all clinical governance matters are addressed during
monthly meetings hèld within the hospital. Finance and Governance meeting5 have standing agenda items,
providing a forum to discus5 any inciden13, complalnts, or emerging risks.

THE FOUNTAIN CENTRE
TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Status
The organisation is a charilable company limited by guarantee and registered as a charity on 26 Octobar 2001.
At 5ts meeting in May 2024. the Board of Trustees agreed lo adopt the Charity Governance Code in order to
improve the charily's adherence lo best standards and lo work towards its full Implementation. The Board has
begun a programme of reviewing its performancè against the Code's Principles and by the end of 2024 had
completed a revlew of Prin￿pIe 1 The Overarching Prinoiple and agreed on action to further improve our
adherence to Ihe Code .
Members of the charitable company guaranlee to contrrbule an amount not exceeding £10 to the assets of the
charitable company in the event of a winding up. At 31 December 2024. the number of members was 1012023..
10) wilh the total of guarantees of £100 {2023.' £1001.
The company was established under a Memorandum of AssO￿ation which sèts out the objeds and poweis of
the Charitable company and 55 governed under its Articles of Association. These Artldes were reviewed in the
firsl half of 2022 and the Board agreed changes which were reported on previously.
Members of the Mana
eTngnt C
mmltt
The Trustees, who are also the directors for the purpose of company law, and who Served during the year were..
N A Hobson {Chalrman)
MERead
D M Roberts
W Roberts
M J Simpson
V Mumford
M Jarrati
Dr J E Whilby
M l Merryweather
D E C Hud3on
VLMKan
(Appolnted 29 July 2025)
The Trustees are directors for the purpose of company law and trustees for the purpose of charity law. The
Trustees who served during the year and up lo the date of the report are set ¢wI above.
The Directors. togelher with the Tr8asurer and the Head of Fountain Cenlre, are responsible for the operational
management of the company and for the financial and other controls, procedures and risk as59ssments to
ensure proper husbandry of resources.
The board of Trustees meet on a regular basis to conslder and review the charily's aclivilies, general progress
and current flnanc5al position. Decisions are then made on matters such as the investment of the charity's funds
and the level of reserves appropriate to each fund in order to meet their objectives.
At the charity's annual meeling in July 2024 four tnjsleesldirectors - Martin Read, Moni¢• Simpson, Douglas
Hudson and Wyn Roberts
stood down and offered themselves for re-election. All four truslees were
unanimously r￿lected for a period of 3 years.

THE FOUNTAIN CENTRE
TRUSTEES. REPORT (CONTINUED){INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
statement of Trustees, respons1bll1￿É£
The Trustees, who are also the directors of The Fountain Centre for the purpose of company law. a￿ responsible
for preparing the Trustees, Report and the financial statements In accordance with applicable law and United
Klngdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The Truste
epo
as approved by the Board of Trustees.
N A Hob80n (Chalrnian)
Twslee
81k 3o•2025

THE FOUNTAIN CENTRE
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE FOUNTAIN CENTRE
I report to the Trustees on my examination of the financial statements of The Fountain Centre (the Charity) for
the year ended 31 December 2024.
Responsibilities and basls of report
As the Trustees of the Charity (and also its directors for the purposes of company law), you are responsible for
the preparation of the financial statements in accordan￿ with the requirements of the Companies Act 2006.
Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16
of the Companies Act 2006 and are eligible for independent examination. I report in respect of my examination
of the Charity's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my
examination I have followed the Directions given by the Charity Commission under section 14515)(b} crf the
Charities Act 2011.
Independent examiner's statement
Since the Charity's gross income exceeded £250,000, the independent examiner must be a member of a body
listed in section 145 of the Charities Act 2011. 1 confirm that l am qualified to undertake the examination
because l am a member of the Institute of Chartered Accountants in England and Wales, which is one of the
listed bodies.
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 that in any material respect-.
accounting records were not kept in respect of the Charity as required by section 388 of the Companies
Act 2006.
the financial statements do not accord with those records., or
the financial statemenls do not comply wilh the accounting requirements of section 396 of the Companies
Act 2006 other than any requirement that the financial statements give a true and fair view, which is not
matter considered as part of an independent examination,. or
the financial statements have not been prepared in accordance with the methods and principles of the
Slatemenl of Recommended Praclice for accounting and reporting by charities applicable to charilies
preparing their financial statements in accordan￿ with the Financial Reporting Standard applicable in the
UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the financial statements to
vis FCA
Ind
endent Examiner
Bright Grahame Murray
Emperor's Gate
114a Cromwell Road
Kensington
London
SW7 4AG
Dated.. 18 September 2025

THE FOUNTAIN CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Currentfinanclal year
Unrnstrlcted Unrestrlcted
funds
funds
general designated
2024
2024
Restrlcted
funds
Total
Total
2024
2024
2023
Note5
Income from:
Donations and legacies
Investments
309,944
26,140
448,321
758,265
26,140
616,959
17,393
Total Income
336,084
448.321
784,405
634,352
Exponditure on:
isin
Fundraising and publicEty
Investment management
94,298
2.645
22,618
116,916
2,645
84,243
2,719
96.943
22.618
119,561
86.982
Charltable acllvltles
Other expenditure
223.033
5.552
12,537
280,138
515,708
5,552
488,895
3,854
Total expendlture
325.528
12,537
302,756
840,821
579,711
Nel gainsl<losses> on
investments
13.931
13,931
24.063
Net In¢omel(expendlture} and
movement In funds
24.487
(12,537)
146,566
157,515
70,704
Reconclllatlon of funds:
Fund balances at 1 January 2024
426,800
271.595
185,466
883,881
805,157
Fund balances al 31 DeCem￿r
2024
451,287
259,058
331.031
1,041,376
883.861
The slatement of financial acliMtie5 includes all galns and losses recognised in the year. All incorne and expenditure
derive from conllnulng activities.

THE FOUNTAIN CENTRE
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Prlor Ilnanclal year
Unrestricted Unrestrlcted
funds
funds
gengral de5ignat8d
2023
2023
Restrlcted
fundg
Total
2023
2023
Notes
Income from:
Donatlons and legacies
Investmènts
300,471
17,393
5,000
311,488
616,959
17,393
Total Incoma
317,864
5,000
311,488
634.352
Expenditure on:
fund
Fundraisin9 and pUbl￿lty
Investment management
84,243
2,719
84.243
2,719
86,962
86.962
Charitable activities
Other expenditure
190.750
3,854
862
297,283
488,895
3,854
Total expendlture
281,566
862
297,283
579,711
Net gainsl{losses) on Inveslmenls
24,063
24,063
Net income and movèment In funds
60,361
4,138
14,205
78,704
Reconclliation ot funds:
Fund balances at 1 January 2023
366,439
267,457
171,261
805.157
Fund balances at 31 December 2023
426.800
271.595
185,466
883,881

THE FO.UNTAIN CENTRE
BALANCE SHEET
ASAT31 DECEMBER 2024
2Q24
23
Inveslmerrta
11
363,161
410,729
Currnntimots
Pobtots
Cash at bank and in hand
23.47a
788.252
22,703
497.196
811,725
Clgdltora:
5.19,899 '.
•knOynts f•.!!IDg ￿thIn
14
133,500)
N•t eurr•nt.as•ats
87.8325
478,132
Tolal lrn• currnnt114blhU
1.041,376
883,861
The fund• of'th• Ch4rlty
Re8trtded Inojme fund#
Unr8slrlcted funds- genero1
Unrn61tlcted funth- ¢*iiatsd
19
17
15
331.031
451287
.269,058 .
1B5.486
426,800
271,595
1.041,378
883,881
The compaTry18 ontllled to the.ex*npfjon from audrt rewkement ¢onlatr*d In 477 ofthe CompanlegArt
2006, ￿ tné yw èndad 31 Uédèmber 2024.
Tha dlrocttv# aoxfiowé bw fèty5iiW￿01 for C￿np[Y￿]g Thrflh thè re(pJlremÈnts ol thé eompardes 2008
wtth reBpe¢t to aceountlng recc*ds and the preparallon pf financlal 8IAlemenl8.
Tho mombefs nol requtTYd tho coh)pany ts ob&ln ￿ audit of Its fin8nd3lsiatemants forthe y88r In questloft In
¥.wor49nfi9 ￿th IgGllon 476,
Th¢Je 8tsl¢ments have.t*•D. proparo4 with tho prMglw?4PPNctha to Compan1￿ BubJ8Ct
lo. Ibg $rno11 Bompanbs r￿lMe.
The IlnHn¢lal
me
W￿0'apProVad bytha Tiiistees on ...
lrnian)
Chalrnian and Tru*teé
Compahy regislrntioTr numbor 04125713 (Englaftd and
-io-

THE FO.UNTAIN CENTRE
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Cash flow¥ from OPOrnllng acllvllle
.4h gFnqrHhrt from opgr¥lio
21
31653
Invostlng aGtivttlo•
Re-anatysl8 of cash from thd asset invesiments
Purch￿9 ol olb¢r Investments
PrDffjgds Tram dtSP.Q5al of ¢lher Invesbment8
Invèstment recehrnd
13225
(458.546)
618.058
26.137
17,393
Nat ca•h geh•Mt•d from Inv•gtlng
actlvluoo
7,e49
fl•t ca•h usqd In ftnxnclng •dlvlll
'Ket Incroa•e In cash'and cash equlval•nts
2gi,056
61418
osh and ca•h eqU￿T￿nIS •1 boglnnlrig ofyè
,198
433.780
Uash. arid ￿¥h •éulValéfil& Atétta Myédl
788252
497,199
11

THE FOUNTAIN CENTRE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policies
Charlty Infomtstlon
The Fountain Centre Is a private company Ilmiled by guarantee Incorporated in England and Wales. The
registered offlce Is Royal Surrey County Hospital. Egerton Rd, Guildford. GU2 7XX.
1.1 Accounting convention
The financial statements have been prepared in accordance with the CharIt￿5 9overnlng document, the
Companies Act 2006, FRS 102 'The Financial Reporting Standard applicable in the UK and Republlc of
Ireland, fFRS 102.) and the Charllies SORP 'Accounling and Reporting by Charities: Statement of
Recommend8d Practice applicable to charities preparing their accounts in accordance wlth the Financial
Reporting Sl8ndard applicable in the UK and Republic of Ireland (FRS 102)" (effectlvè 1 January 2019). The
Charity Is a Publlc Benefrt Enlity as defined by FRS 102.
The financlal statements are prepared in sterling, whlch Is the tunctional currency of the Charity. Monetary
amounts in these financial slatements are rounded to the nearesl £.
The financlal statements havè been prepared under the historical cost convention. The prlncipal accountlng
policies adopted are sel out below.
The charfty con$lltLrtes a public benefit entity as defined by FRS 102.
1.2 Golng concern
At the lirne of approving the financlal statements. the Trustees have a reasonable expectation that the Charlty
has adequate resources lo continue in operational existence for the foreseeable future. Thus the Trusteès
continue to adopt the going concern basis of accounting in preparing ihe financial statements.
1.3 Charitablo funds
Unreslricled funds are donatlons and other incoming resources re￿1vable or generated for Ihe objects of the
charity without further spe￿rIed purpose and are available as general funds. All Income is inGluded when
recelvable.
Daslgnated funds are unreslricted funds eamiaiked by the trustees for particular purposes.
Restricted funds dl¥ lu used for speclllc purpose8 as lald down by Iho donor. Expenditure whlch meets
these ultèrla Is charged to the fund. together with a tdir allocation of management and support costs.
1.4 In¢ome
Income is recognised when the Charity is legally entitjed to it after any performance conditions have been
met, the amounts be measured reliably, and il Is probable that income will be received.
Voluntary income is received by way of donations and gifts and is induded in fvll in the Slatemenl of Financial
Aclivities when receivable. The value of services provided by volunteers has not been Included.
Gtft aid and discretionary trust fund distribution tax credits are rect)gnised with the income to which they
relate.
Legacies are treated a5 received when funds are notrfied as re￿Nable. Receipt of a ￿gacY, in whole or in
part, is only considered probable when the amount can be measured reliably. and the charity has been
notlfied of the 8xeculorfs intention lo make a distribution.
12-

THE FOUNTAIN CENTRE
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting policles
{Contlnued)
Income from govemment and other grants whether capital grants or rav8nue grants is recognised when the
charlty has entitlement to the funds, any perf0rrnan￿ conditions attached to the grants have been met, tt Is
probabl8 that the income V￿11 be receivèd and the amount can be measured reliably and is nol defa￿ed.
1.5 Expenditure
Resources éxpended are recognlsed in the period In whlch they are incurred. Resources expandéd indude
attrlbulable VAT which cannot be recovered.
Governance costs represent Ihe general running of the Charity and which are not in respect of the direct
management and costs of generating funds and the day to day delivery of the main objectives.
Support costs are diredy attributed to the activity to which they relate.
1.6 Tanglble flxed assets
Tangible fixed assets are initially measured at C05t and subsequently measured at ¢051 or valuation, not of
depreciation and any impaimienl losses.
Deprecialion Is recognised so as to wrile off the c05t or valualion of assels less their residual values over thelr
useful lives on the following bases..
LeasehoSd improvements
20•A straight line per annum
The gain or loss arising on the disposal of an asset Is determined as the difference between the sale
proceeds and the carrying value of the asset, and is recogni$ed in the statement of financial activities.
1.7 Fixed asset investments
Fixed asset investments are initially measured at transactlon price exdudlng transaction costs, and are
subsequently measured at fair value at each reportrng date. Changes In falr value are recognised in nel
.incomel(expenditure) for the year. Transaction Costs are expensed a8 incurred.
A subsidiary 18 an entity controllèd by tho Charbty. Control is Ihe power lo govem tho financial •nd oparatln9
policies of the entity so as lo obtsin benefits from its activities.
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at ￿11 with banks. other short-tem) liquid
investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown
within borrowings In Gurrent liabilities.
1.9 Financlal instruments
The Charity has elecied to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12
'Other Financial Instruments Issues. of FRS 102 to all of tts financial instrumenls.
Financial inslruments are recognised in the Chaiity's balance sheet when the Charity becomes party to the
¢onlraclual provisions of the instrvmenl.
Debtors are measured at their transaciion value less any impairment losse5. They are measured at Ihelr
recoverable arnounls. Cash at bank and in hand are basic financial assets and include deposits held at call
with banks, other short-lemi liquid investments with maturities of three months or less.
Creditors aro measured at transaction price and iecognised when the Charity has a Present obligation
resulting from a past event and Ihe obligation can be measured or estimated reliably (usually Ihe invoice
price).
13-

THE FOUNTAIN CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting pollcle$
(Contlnuedl
FinanThal liabilities aré derecognised when the Charivs contractual obligations expire or are discharged or
cancelled.
1.10 Covenants
In a covenanl with the Royal Surrey County Hospital National Heallh Trust dated 21 February 2003 the
Fountaln Centre agreed lo gift the cosl of the new extension to the Hospltal and In exchange the Fountaln
Centre wlll be permitted to use Ihe whole area - Inthding that under the covenant dal8d 19 July 2002 and the
new extension. Subsequent two-year exfensions to the initial len-year licence have been agreed unlll
replaced by a new Rolling Agreement with annual review taking effect from 1 February 2020. The agreement
was renewed for a further 12 monlhs from March 2022. A new service level agreement, containing lease
details, was signed in April 2022 for a further year. This agreement was reviewed in April 2023 following the
completion of the St Luke's Cancer Cenlre renovation. whereby a new rolling agreernenl with an annual
revlew was agreed to be effective for 2 year5 to April 2025.
Donallons and legacles
Unrestrfctsd Deslgnatsd Restrlctsd
fund8
funds
fund3
Total
2024
Totsl
2023
Oonations and gifts
Internet giving
251,344
58,600
448,321
699,665
58,600
553,102
63,857
309,944
448.321
758,265
616,959
For the ygar endgd 31 December
2023
300.471
311.488
616.959
Unr8Stricted fund donations indude grants of £Nil (2023: £NII). Restr]cled fund donations Include grants of
£375 (2023- £1,125).
Ral¥lng funds
Unrostrfctsd Restrlcted
funds
funds
Total
2024
Total
2023
Charitsble activities
Fundralsing
94.298
22,618
116.916
84.243
nv
2.645
2,645
2,719
96.943
22,618
119.561
86,962
14-

THE FOUNTAIN CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Ralslng ￿ndS
(Continuéd
For the year ended 31 December 2023
Fundraising
Investment management
84,243
2,719
84,243
2.719
86.962
86,982
Charltable activlties
2024
2023
Advice, Information and Centre cosls (see note)
Therapy and other direct costs
471.250
44.458
433,190
55,705
515.708
488,895
Advice, information and centre costs relate to a con1n￿Ul1On to Royal Surrey Counly Hospltal 5alari8S.
Trustoes
None of the Trustees (or any persons Connected with them) received any remuneration or benefits from the
Charity during the year.
No trustee expenses have been incurred durlng the year (2023: £nil)
Employe89
The average monthty number of employees durlng the y6ar was:
2024
Number
2023
Number
Total
There were no employees whose annual remunerati(m was more than £60,000.
15-

THE FOUNTAIN CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Support costs
2024
2023 Basis of allocation
Accountancy
Legal and professional
General
2,520
1.200
1,832
2,640 Govemance
1.200 Govemance
14 Goveman
5.552
3,854
Governance Costs indudes payments to Ihè Independent examlnar of £2,520 (2023". £2.640) for the
examination of the accounts.
Net galnsl(losse8) on invèstm•nts
Unrestrlcted Unrestrl¢ted
funds
funds
general
general
2024
2023
Revaluatlon of irlveslments
Gainl(Ioss1 on sale of investments
(3,448>
17,379
24,085
(22)
13,931
24,Q63
Taxatlon
The company, being a registered charity, is exempt from corporation tax on Ils Gharitable acllvities.
16-

THE FOUNTAIN CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
10 Tanglble fixed assets
Loasohold Improv•monts
Cost
Al 1 January 2024
124.377
At 31 December 2024
124,371
Depreclatlon and impairnient
At 1 January 2024
124,371
At 31 December 2024
124,371
Carrylng amount
Al 31 December 2024
At 31 December 2023
11 Flxed asset Inveslments
Listed
Other
Investment8 Investments
Total
Cost or valuatlon
Al 1 January 2024
Additions
Valuatlan changes
Disposals
410,829
449,750
3,348
(500,676)
100
410.729
449,750
3,348
1500.676)
At 31 L)ecember 2024
363.051
100
363,151
Carrying amount
Al 31 December 2024
363,051
100
363,151
At 31 December 2023
410,629
100
410,729
2024
2023
Other inv93tments comprise:
Notes
Investments in subsidiaries
12
100
100
17-

THE FOUNTAIN CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
12 Subsidiaries
Fountain Centre Services Limited is a wholly ovm8d subsidiary of The Fountsin Centre. The company is a
ptivate company Ilmlted by shares and incorporated in England. Ils registered offic8 is The Fountain Cenlre,
Royal Surrey County Hospital, Egerton Road. Guildford GU2 7XX. It provided therapy servlces to cancer
P81ients and Iheir carers at other hospitals until 31 December 2024. The subsidiary company wlll remain
dormant until Ihe charity's future strategy has been agreed in the new 2025 Business Plan.
The Fountain Centr8 has not prepared consolldated accounts in accordance virlh th8 8xemplion permitled by
FRS102 as the lotal income of Founlain Centre SeNices Limited is below the consolidation Ihreshold
Separate financial statement5 are prepared presenting the Infomiatlon of Ihe charity as an individual
undertaknng.
The investment in the subsidlary is shown at Ihe inliial cosl of the ordinary shar85 of £100, whlch15 1000/0 of
the called-up share capllal. The subsidiary company has trad8d since 1 F&bruary 2016. In 2024 a donation of
£14.559 (2023.. £14,826) was recelved by the parent from the subsidiary.
2024
2023
Capltal and Regerv
Callèd up share ¢apital
Profil and loss reserve
100
14
100
660
92
Not Assots
Assets
Liabllities
Net Asset8
15,519
859
17,458
Proflt and Lojs Account
Sales
Direct ¢osts
Administratlve costs
Net Proflll(Loss)
54.489
53.872
{39.502) {38.005)
Investments In subsidiarles are slated at o)st.
13 Debtors
2024
2023
Amounts falllng due within one year:
Tax recoverable on glft aided donallons and trust fund distributions
Other debtors and prepayments
1,744
21,729
2,588
20.115
23,473
22,703
14 Crédltors: amounts falllng duo wlthln one year
2024
2023
Other creditorg
133,500
46,767
18-

THE FOUNTAIN CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
15 Unrestrlcted funds - deslgnated
Thesa are ynrestrtcted funds which are materral lo Ihe Charitys aclivities.
At 1 January
2024
Incomlng
resources
Rosou￿96
expended
At31
December
2024
271,595
(12,537)
259,058
Prevlou8 yèar:
At 1 January
2023
Incomlng
rosources
R8sourco8
expended
At31
Docember
2023
267,457
5.000
(862)
271,595
16 Analysis of net assets between lunds
Unrestrlcted Unrostrlcted
funds
funds
general designated
2024
2024
Re$trlct8d
funds
Total
2024
2024
At 31 December 2024..
Investments
Current assetsl{liabilities)
363.151
88,136
383,151
678,225
259,058
331.031
451.287
259.058
331,031
1,041.376
UnrestriGted Unrestrlcted
funds
funds
general designated
2023
2023
Restrlcted
funds
Total
2023
2023
At 31 Dècember 2023:
Investments
Current asselsl(liabilities)
410.729
18.071
410,729
473,132
271,595
185,466
426,800
271,595
185.4S6
883,861
19-

THE FOUNTAIN CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
17 Deslgnatod funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants whid) are
not subject to specific condillons by donors and granlors as to how Ihey may be used. These indudè
designated fvnds which have been set aside out of unrestricled furmls by the trustees for specifiG purposes.
B•l•ncg at
1 J•nu*ry 2024
Rgsourcos
Balanco at
9wnd8d 31 D&¢omber
2024
Garden project
Art project
Ha3wrnb8 oncology support
Debra Stappard
Famlly Support $eNces
Outreach unit
Penningtons
Creative Arts
6,802
1,884
1,179
9,883
95,054
150,000
1,793
5,000
6,802
1,884
1,179
2,398
95,054
150,000
1,741
(7,485)
(52)
(5,000)
271,595
12,537
259,058

THE FOUNTAIN CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
18 Designated Funds
Development Fund
The development fund was established from general funds in 2012 for the future developmant of the Fountaln
Centre. No expenditure was incurred in 2024 (2023.. £862).
Garden Project Fund
The project fund was set up to design and construct a garden for use by cancer patients and their carers in an
area at the side of St Luke's Cancer Centre entrance and leading to The Fountain Centre. The balance of the
fund is available lor maintenance and improvements to the garden. There was no 8xpendlture In 2024 {2023:
£nil) due to building works to Sl Luke's Cancer Cenlre. The redevelopment of the garden reported on earlier In
thls report will be completed and opened In 2025.
Art Project
There was no expendilure in 2024 {2023: £niD.
Hascombe Oncology Support Fund
This was set up to Pfolfjde asslslance to young people with cancer. There was no exp8ndltur8 in 2024 (2023:
£nil).
Debra Stappard Fund
The purpose of the Fund is to look after and maintain the Debra Sl8ppard Room in the Royal Surrey County
Hospilal In accordance wlth the original establishment of Ihe room by the Debra Stappard Cancer Tnjsl, whlch
has now been wound up. The donation of £10.000 in 2004 by the trust to the company has been sel aslde to
allow such future malntenance costs to be met. There was £7.485 of expenditure in 2024 (2023.. £nll>.
Outroach Unit Fund
Thls fund was established from unrestricled general funds in 2016 lo meet the perceived need to 8xpand
premise5 and facilities lo meet the rising deffland for cancer treatment care. As there was little or no prospect
of additional Trust space bècoming available for the Fountain Centre, the management team and trustees
explored a number of options, induding the purchase of a vehlcle lo conlain treatment rooms, th8 Igase of
premises near to the Fountain Centre, and the devel¢)pmgnt of satellile units al Frimlp.y Park and Ashford St
Peters hospitals.
th the decrease in footfall in 202(>2021 as a resull of the Covid-19 pandemic th8 need for additional space
reduced but now that footfall has recovered to pre-pandemic levels and the new St Luke's Cancer Centre 15
complete, the space ￿quIrementS will be reviewed in 2025.
Famlly Support Services
A children's counsellor was recruited in March 2017 to support children under 18 of parents wlth Cancer.
Within six monlhs, the counsellor had over 140 child clienls lo review over and beyond the period of Irealfflent
of the children's parents. This significant uptake pointed to the need and importan¢e of this work which the
trustees agreed to support through the establishment of this designated fund supplemented by support from
Ihird parties up lo Seplember 2017. Subsequently the demand led lo the recruitment of additional staff and
development of the seNce, largely funded by a five-year National Lottery grant to September 2022. In
Oclober 2022 the Fountain cent￿ was awarded a fwe year grant by the Luigi Francescon Trust to maintain
and develop the Family Support Services. The designated lund is being retained to meet any additional costs
not covered by the granl and to provide conlinulty of service when the cu￿ent grant expires.
21

THE FOUNTAIN CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
19 Regtrictgd funds
The restricted funds of the eharity comprise the unexpended balances of donations and grants held on trust
subject to specific conditions by donors as to how they may be used.
Movement In funds
Balance at I Incoming ResoU￿e$ Balance at 31
January
resour¢e8
expended
Dècember
2024
2024
Postitive Health Programme
Brain Tumour Research Fund
John Ackroyd Trust
Luigi Francescon Trust
Chemo Bus
Ashford Outreach Fund
Sport England
Arnold ClarkAuto
Haskins Charitable Fund
Bamett Waddingham
Childrens 8ereavement
GRACE
Counselling SessSons
Wisley Foundation
7.320
4,777
2,543
4,444
4,000
283,244
5,566
14,700
5,000
1,000
1,585
1.500
1,349
4,000
122.676
417.634
257,066
14,700
1,000
4.942
1,500
974
13,344
3,357
375
812
6,500
23,000
14,156
400
23,000
6,100
185.466
448,321
(302,756)
331,031

THE FOUNTAIN CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
20 Re$trlcted Funds
Positive Health Programmo
The Research project is a Posilive Health Programme initialtve whith lakes a hollstlc view of the healih of the
participants to &nable them lo make signfficant lifestylè changes. It promotes the value of preventative
rneasures aimed al the prevention of cancer or ils re¢urrence. Partlcipalion is entirely voluntary and open lo
both patien15 who have completed trealment and lo carers. It has initially been funded by a donation of
£12,600 from the West Surrey Health Authority in 2001 with further funding received in 2009.
Brain Tumour Support Group
The fvnd was established In January 2013 foi Ihe proVis￿n of staff training and equipment to Improve the
treatment of skin cancer and brain tumours. The fund receÉved donations of £Nil in 2024 (2023: £Nil) and had
outgoings of £Nil (2023.. £Nil).
Teènago and Young Adult Support Group
The support group was sel up as a resuh of a new Se[W￿ provlded by the Royal Surrey Hospital for 16 to 24-
year-old cancer patlents. Funds are raised by the group and used mainly for social events.
Lulgi Francescon Trust
The Trust, who had provided funding in 2019 to provide a new bulldlng for children's counselling, provided
funds lo finan(x Ihe (Jevelopment of online seTvlces launched during the pandemlc and to offset Ihe salary
costs of those slaff who were not redeployed In the Royal SurrBy County Hospital. In 2022, following the
ending of the funding for the Family support se￿Ice by the Natlonal lottery, the Luigi Francescon Trust agreed
to lake over the funding of the Family support servic6 for a further 3 years, unlll October 2025. This grant wlll
pay for two full lime counsellors. The Luigi Francescon Trust has conlinued lo support The Fountain Cenlre by
providing further funding for a nijmber of posts. In addition to the 3 years funding of the Family Support
Service, they committed lo a further 1 year funding for 5 other posts. It was agreed thal future funding would
be agreed on a yaar on year basis. The fund received donations of £417,634 In 2024 (2023: £298,196) and
had outgoings of £257,064 {2023.' £295,26911.
Ashford Outreaeh
Tho plans for tho Founialn Cenlre ai A$lffor¢l ho$piial hav• bogn k•pt on hold, Iharo have bgen no
developments in 2024.
GRACE
Thls service started in December 2023 in collaboration with GRACE and £13,344 of fundlng was provided up
front lo be Spent throughout 2024, in 2024 an additlonal £812 wa5 raised. and expenditure totalled £14,156.
-23-

THE FOUNTAIN CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
21 Cash generated Irom operations
2024
2023
Surplus for the year
157.515
78,704
Adjustments for:
Investment income recognised in statement of finartial activities
{GainJiloss on disposal of investments
Fair value gains and losses on investments
(26,140)
(17,379)
3,448
(17.393)
22
{24,085)
Movemènts in worklng capltal:
(Increase) in debtors
Increasel(d8crease) in c￿dItOrS
(770)
86,733
(2,622)
(2,073)
Cash generated from operatlons
203,407
32,553
22 Rolated paty transactlon8
Fountain Centre Services Limited. a wholly owned subsidiary of The Fountsin Centre, made a charltable
donation tolalling £14,560 to the charity during th8 year (2023- £14,826).
-24-