Charlty registration number 1091
82 (England and Wales)
Company. regis
tian number 041111627,
THE MOUNTVERNON MARIE CURIE RESEARCH
NG TRUST
ANNUAL REPORT AND FINANCIAL STATEM
NTS
FOR THE YEAR ENDED 30 SEPTEMBER 2
24
"• xeinadin

THE MOUNT VERNON MARIE CURIE RESEARCH WING
RUST
LEGAL AND ADMINISTRATIVE INFO.RMATION
Trustees
Dr RAlon
Prof P HDStvri
DrA Makrfs
DrKJYChtu
Charity number (England and Wales)
1091882
Company number
041.10627
Registered office
The Mount Vemon Marie Curie Research
1st Floor, Mount V8mon.Hospital
RickmanswDrth Road
Northwood
Middlesex
England
HA6 2RN
ng
Audltor
Xeinadin Audit Limited
26 High Street
Rlckmansworth
Hertfordshire
WD3 1ER
Rowan Dartlngton & Co. Ltd
1 Emperor Way
Exeter Business Park
Investment advisors
EX13QS

THE MOUNTVERNON MARIE CURIE RESEARCH WING
RUST
CONTENTS
Trustees report
Indep8Ddent auditoV8 report
Slatement of fjngndal activities
Balan￿ sheet
Notes to Ihe flnancA] statements
9-16

THE MOUNT VERNON MARIE CURIE RESEARCH WING
RUST
TRUSTEES: REPORT (INCLUDING DIRECTORS. REPO.RTI
FOR THE YEAR ENDED 30 SEPTEMBER 2024
The tnjstèes present thew annual report and fmanaal statementA for the year ended 30 S
ptember 2024.
The flnan¢ial slaiements have been prepared in acts3rdai￿ wtth the acrx)unting polici
finandal statements and Comply with the trusvs governing documenL the Companies
Financial Reporting Standard apPr￿abl&. in the UK and RepJblic al treland" and the C
and Reportlng by Charitles: Statement of Recommended Practtce apptTcabl8 to ¢harltie>
accordance with the Financial Reporting Standard appl(xb18 In the UK and Republic of Ir
s set out in notè 1 to the
ct 2006. FRS 102 'The
rities SORP "Accounting.
reparlng thair accounts in
tand [FRS 102)°.
Obj¢¢tivgs and actlvitles
ThE objectives of the Trust are to protect and promote the health of the public in pardtyjla
'the invesllgatton of the causes of (ancer and the prevention, treatm'ent. Gure ari
forms.,
. the 2dvancÉrnent of scientifio and medical education and research into 1￿cOlO
c2ncor, and
th8'fLn1hèrancg ofany other charitable PUfPOS8 (or the rellef of persons suffering
by.
defeat of cancer In all Its
and all toplcs relating to
rom Can￿r.
Publlc benefft
The. truste8s have pald due regard to guidance fssued by the Charlty Commission in
trust should undertake:
ciding what activities the..
Ac'hievements and perftymanc'e
significant activit16s and achievements agalnst objeobves
The Mount Vemon Marlp CurIe Research Wing Trust charty 5tts wjthln the NHS frarne
app.lied r8search Into varlous. forms of cancer on bebalf of.a number of organK8ations
private. This can indud8 trials of new drugs or treatments which will provide material
carter sofferers.
rK condudtng
both p.ubfic and
benefjt to rnany
In May 2024 the charffy supported members of 4he Head &. Neck onwlogy t&wn to
Associ2tton of Head & Neck Oncology meeting, topic for 2024 was "data outcomes
cancer.. For ESTRO 2024 Dr AbdukLatif pr8seriied "Sa￿age brathyther8py in second
tumour event. Relating doslrnety with late toxithf, whitst Drs Chowdhurfs, sl￿ and G
accepted for The UK Interdisoplinary Breast Cancer Symposium held in January 20
dlsturbanc% amongst tha breast cancer populatEon: a single4errtre prDspectJva exparlen
ttend .the British
n Head & Neck
lateral breast
py.'s poster Was
. rrtted .. Sleep
The trials we.participate.In are fisted as follows:
Clinical trfa]s in breast ￿nCer evaluating new drugs in collaboR'tion pharma
Clinical trials in prostate and bladdor eancer evaluating nEw drugs h collabo
industy partners
nlcal frials in prostate ￿nCer evaluatin9 new radiotherapy sdiedules
cl1n1￿1 trials In prostst& ￿nCer evaluating new brachytherapy sGhedules
Clinical.'Irials in prostatg cancer evatuating salvage brachytherapy
crinical trfals in bladder cancer evaluatyng new radiotherapy schedule5 and drug
Clinical Irlals ln head and neck Cancer evaluating new radiotherapy schedules an
Cllnical trials in'.head and ned( can￿r evaluatiTrJ new drugs in Gollaboration
partners
uticaE industy partne
ttQD th p.ham10c9tsti￿f
mbinabor
drug comblnatlons
pharmacautical industy
The Fighting Breast Cancer Campalgn led by Dr Makris and Dr. Miles eoDOnues 10 4Jnd
from d¢diGated individuals keen to support the (xmpaign.
ke sucLessftEI fundraistng
The charity contlnues to receive support.from donations through fundraiseTS uslng J
Foundatk)n amongst Others, and wll regularty reviw'any opporiuniknes. for grant appli
Suppoitfrom Etsevier.'The ¢harityalso benefits from occasional ffiJnd-￿lS1n9 campaigns
Èving and Charitles Afd
ons, as well as.on*oing
m supp.orters.
There: is a continual ftcw o.f publications from Ihe WO.￿ supported by the tharity. In 2
review publications and 8bstra.cls arising from this work.
3124 knere were 65 pear

THE MOUNT VERNON MARIE CURIE RESEARCH WING
RUST
TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT) (CONTI
FOR THE YEAR ENDED 30 SEPTEMBER 2024
UED)
The work of1he charfty is also'presenfed in lecknres both nationally and intemationally
Nattonal leclures at the Royal College of Radiologlsts in"London. the Briti
Society, British Instilute of Radiology and the British Association of Head & N
LectU￿S al thè universltses Oxfor4 cambti.dge and Manchester
Lectures at intemaional meetings in Europè, US4 ALtstraEasia: Sri Lanka., and In
ding.
Gynaeco]ogiEal Cancer
n'wlogists (BAHNO)
ia
During the yearwe accepted the following clinitral Visitors to observe Brachytherap'y proc
of Professor Hoskin," Dr Wtwatchai Siknong Trom Siriraj Hospitsl Thailand, for a period of
fromAustratla.
dures under the guidance
1 year'olso DrA£￿n Kent
The Mount Vemon Marie Curia Researclj Wing K% Q)ntinuing to support MD'S for Dr Am
Brooks by gponsoring tuition fees for the duration of their eoutse at Manchester Univers
.Chowdhury and Dr Chloe
Financial revlew
The operat50nal.loss of £41518 (2023: 4636 gain). b8for8 the net gain of £126.14
investrnenls. is regarded as sattsfactory In.Mew of the nalure of alt fields of the Trusvs
ecc>riomj¢.sStuation.
{2023: £34,175 gairij on
peratlons and the ￿rrent
The nature of,research Is cyclical and the policy of the Trust is notto commit to employi
is cèrtainty of fijnding for the- project. Duo to.the speCIa￿Sed naiur6 of the Trusys ectivitl
to undèrtake research.can take some tlme.
research staff untll'there
. f]ndlng.4he right pe￿.0￿8
This is emphasIsed by th8 net assets of £1,6S2,651 (2023: £1,569.022). whiBh i8.suffi
forecast commitinents.
8nt to cover Eurrent and
Re48￿e$ poHcy
It IG 'the policy of the trust 'that unrestriGted funds whith have not been designafed fo
malntained at 8 level equlvalent to at least iwelve monlh's expenditure. The I￿stee$ o)
level wdl ensure that, in the event of a significant dtop In fundlng. they wll .bg able to
activ(tE8s while consideration is given to ways in which adrfrtlonal funds may be raised.
been maintained throughout the year.
a speofi¢ use should be
slder that reseN¢s.at th1$
ntinue the trusl's current
is lavel of reseNes has
Structure, governance and management
The trust i& a company fimited by'guaranl88 Cuitrolled by its goveming document and a d
of trust.
The trustccs". who are.8lso.the directors for the purpose.of company law. and who ser4e
'thé date of sIgnaiu￿ of Ihe flnancial statements were:
Dr R AJor(zi
Prof P Hoskin
Dr.A Makris
DrKJYChi
during the ypar and up'to
Recniitment and appointment of frustees
The Irustees keep themselv.es infom￿￿ of current issues and "rf necessary extra. Irainln
needed.
is.arranged as and vihen
None of the trustees has any beneficlal interest in the o)mpany. All of the.trustses are me
guaranteé to ¢ontrfbute £1 in the event of a wtndlng up.
bers of the company and

THE MOUNTVERNON MARIE CURIE RESEARCH WING
RUST
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPO.RT) (CONTI
FOR THE YEAR ENDED 30 SEPTEMBER 2024
UED)
The company's current:poficy concemlng the payment of ITade (Xedito￿.1S to followthe
(copies.are available from the CBI..Centre Polnt, 103 New Oknrd Stre8( London WC14
The. compan￿$ current policy ¢oncemingthe payment of trade cre￿rtOrS Is to:
. settle the tenns of payTnent wth sup￿lerS when a9reeing the terms of eath transacti
ensur8 that suppliers are made aware. of the tern￿.0f payment by inclusion of thè r
and
pay in accordance with the comi)anYs cotthctual and olher legal obligations.
Bl's Prompt Payers Code
DU).
levant terrns in contracts;,
statement of trustees, responsibilities
The trustèes. who are also the dlrector5 of The Mount Vemcjn Marie Curie ReseaTch Wi
Company law, are r8sponslbla for preparfng the TrusÉe8s' Report and the finandal stat
applicable law ar￿ United Klngdom Accounting Standards (Untted lfjngdom Gene
practs"￿).
g Trust for Ihe purpose of
ments in accordance with.
y Ac￿pted AGGounling
Company law reqUI￿S the bwtees to prepare financial stafements for 8ath finanGal'yea
view of the state of affairs of Ihe trust and of the Incoming resources and application
IAcom8.and expenditure, of the charifable cofftpany for thatyaar.
which gwe a true and fair
f rEsources. .including the
In preparing Ihese financial'statements, the tnjslees.are required to".
- select suttable accounting pollctes and then apply them consistently,
- obseN8 the methods and principles in the Charities SORP",
make judgements and estimates thatare reas'onable and prudent and
- prepare the financial ststements ori'the going ¢oncem basis unless it is inapproprfate
¢ontinue in operat50n.
pr8surn8 that the trust wili
The. trusi&ps arp respcnslble for keeping adequate accountlng record5.lhat disolose wi
any'time Ihe financial positlon of th8 trust and enable them to ensure that Ihe financial
Companles Act 2006. They are also responsible for saleguarding the assets of the. t
reasonable steps for11se preventlon and detectton of fra(Kl arKI other trregulariues..
h reasonable accuracy at
terrients comply the
st and h6nc8 for. laking
Audltor
In accordance Wilh the C4)mpsnys arlicles. a resolution proposing that Xéinadln Audll
auditor of the company will be put at a Genarat Meeting.
Imlted be reappointed 2$.
Dlsclosure of Infonnatlon to audltor
Each of the trusteès has ¢orifirmed that.ther8 Is no information of whlch th&y ara ow•
audit. but of which the auditor is unawar8. Thw have further confirmed that thty have
identify such relevant information and to establish tr￿t the audilor ts awarg of such infom
whith is ve￿vant.10"the
ken appropriata staps to
The trustees, reportwqs approved. by the. Board of Trust￿ and signed on
behalf by.
DrR Alonzi
Trustee
of P Hoskin
Date: ...

THE MOUNTVERNON MARIE CURIE RESEARCH WING
RUST
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF THE MOUNT VERNON MARIE CURIE RES
TRUST
CH WING
Oplnlon
We have. audited the financial statèmonts of The Mountvemon Marie Curie Rese*b Wi
year ended 30 September 2024 which comprise the statement of financiat activitsès..the
the financial ststements, including significant accounting poficies. Th& fin￿tIal reportin
appllecf in Iheir preparation is applicable law and United ￿ngdoM Accounting Stan
Rèporung Standard 102 The Rnanoal Repo￿ng StarKlarf applicabl8 In the UK and
Kingdom GenerallyAccepted Accounting PraCtI￿)-
g Trust {the 'trustJ for the
lanGe sheet and. notes to,
framwork that has been
ards, Including Fihancial
public of Iralan.d (Unlted
In our opinion. the fihanaal ststeTnents:
.glve a..(rt￿ and fdir vlew of'the stste of the charitable companvs affalrs as at 30
ihcoming. resour￿ and application of 'resoUr￿s. including ts incomc" and 'exp
ended:
have- been properly prepared In accordance wlth United Klngdorn Generalty Acc
eptember 2024 and of its
diture. for the year then
ted Atsounllng Practtce;
ha!&be8n preparéd in at£thance with the rAquirÈmonts. of th8 Companies Act.20
Basis for opinion
We conducted our sU￿rt in accordance Intemational Stsndards (x). Auditing 'lUK) (
law. Our responsibilities under those standards Ére further described In the Auditorfs res
the ffnaDual Séat￿￿8nts section of our ￿PorL We are independanl of the trust in
requirements that are relevant to our audit of the financial statements in the UK, in
Stsndard, and we have fulfilled our other ethical responsibilities in accordanc8 wilh thes
thatthe audlt evldéncè we have obtained Is sufflclent and approprfatè to proviclg a basls
As (UK)) and applicablè
nsibi7ities for the eudit ot
rd8nce wilh the elhical
ludlng the FRC'S Ethioal
requirements. We believe
r our oplnloh.
conclusio1￿'relatIng to golng conBern
In audltbng the finandal statsments. w& h8v8 conch!ded thqt the tru5tBes' use of. th
aC￿untIng in the preparation of the financial statements is approprtate:
gciog concem basss of
Based on the work we have perfornied, we. have not identFffèd any material uncetrdl
ccnditions tha( individuaity or collectrvetyi may cast signiff¢2nt doubl .on the IrusY$ abil
concem.fora period of al least..twelve months from when the financial Stat￿nents are au
ties relating to ev¢nts or
to ¢ontinue as a going
orfsed for Issue.
Our responsibilties and the responsibilities of the trust￿ ￿ respect to'going con
relevant sections.of this report,
m are deKribed In the
Other information
The other information comprises the information inddded in thÉ annual rÈpDrt' othpJ th
the financial statements
and our auditorfs report thereon. The trustees aro. responsibla for th'8 Othw information c
tsined wthin the annual
reporL Our opinion on the financia]. staternents doe5 not ￿Ver fhe 0th8r inf0m￿tion
nd, Èxcept to the extent
olh8Mise..expliciUy stated in our report. we do .not expre.sè any forni of assuran
conclusion theréon. Our
responsibility Is to read the olher infomation and. in doing so. consider whether the oth
r infom)ation' is materially
inconsistent wlth the finandal statements or our Enowkdge obtained in the course of the
diL or othetwiwappears
lo be mat8rialty mlsstat9d. If we Identify such material inconslstencles or apparent matè 'al misstatemanls, we are
required to delemine whether thls. gives iyse to a material misstatement in the financial
atsmeA¢s themselves. tf,
based on the work we have performed. we conclude that.there is a material misstatsme
l of thi& other information.
WB are required to report that fa¢L
We have nothing to rèport in this regard.

THE MOUNT VERNON MARIE CURIE RESEARCH WING
RUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF THE MOUNT VERNON MARIE CURIE RES
TRUST
CH WING
Opinlons on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of our autht:
th2 infonriation .given in tlie Irustees, report for the financial year for which th
prèpared. which include&the'dire¢tO￿. report prepared forthe purposes of crimpan
financial statèmenls, and
'tho diractors, report included wlthih the trnst8es' tpport has been prepared In ai
requirements.
f nanci81 statements are
law. ￿ consistent with the
ahce wtth appllca'ble.legal
matters.on whi¢h.wtr aro ￿luired to report by exception
In the light of the knowledge.and understandiTVJ of trust and its environm8nt.obtaine
We have not identÉfied material misstatements In the dlrectors, report induded wlthln.the
In Ihe course of the aLKr¢
' report.
W8 have nothing to ￿pOrt in respect of We following'rnalters in ￿lation to which tt)e Co
us'to report.. to you if.. in our opinion:
adequate aGcounting re￿rdS have r#)t been kepi or"retums adequats for our au
from branches r]ot vtsiled by u5- or
the ftnan¢ial stst8ments.are not ID agreement wllh the ac£OUntin￿ rer>Jrds and retu
cèrtain disclosurps of tnjslees, remunérnfjon S￿thed by law are not made; or
we have not received all the Information and exptanations we require for our audit..
the trustees were not entilted to prepare the. financial 6tatements in accordance
regime and lakp advantsge of the small companies exemptions In preparing the
requlrementto prepare a strateglc repo
panies Act 2006 requiras
it have not baen r8celved
or
'th the Bmah companies
tees. report and from the
Responsibilltles of trustees
As explained more fully in th8.Staternent of truste8s' responsibiliti85. Ihe trustees, who a
trust for the purpose of company law, are rosponsible for the preparation of the firianGia
satisfied that they give a true and fair Mew, and for such intemal control as the trustees
enable the preparaton of fjnancial statemerts that ar8 free from materia mlsstatemen
error. In p￿ p￿ing the financial statements, the trustees are responsilAe for assessing th
as a going concem. disclosing. as applicable. matters.related to going rI)ry￿rn and usifjg
accounong unless the trustees either Intend to Itquidat8 the tharitab18 company or to C8
reafisltc allernatÈve.but to do so.
also the directors of the
tstements and for being
etermine. is necessaryto
whelher due lo fraud or
trust's ab[￿ty to continue
e goÈng concem basis of
é operaknons, or have no
Audibrfs responslbilities for th'e audit of the flnan¢ial Statem￿lts
Our objeclives are to obtain reasonable'assurance about whether.the finan(281 ¢atsmen
m8t8rlal m15slatemerrt. whethBr due to fraud or erro"r,. and to I£suA 3n .audltt)¢s rèport
Reasonable assurance is a high level of assuran￿ but is not a guarantee that an audi
with ISAS {UK) always detect a material misstatemeht when it ex-jsts. Misstaternen
emr and are consldered material if. ShdI￿dU￿fy or in the aggregate. they could roasonabl
the economic decisions.of users taken on the. ba*s of these financial stateriients.
as a whole ara.free from
t includes our. opinlon.
conducted in accordance
can arise from fraud or
be 8xpecled to influer
The extenl to which our procedures are capable of de￿ling irregularftiÈs: indudng fraud
isdetaited below.
A further descAPOon of our responsibilifias is available on the Financial Reportsnty Co
www.fr&org.uklaudftorsresponsibTri ies. This descriptlon forms part of our audilorf.s.fepo
ncifs website. atr. htip¥Jl
Use of'our report
This reportls made solely to fh8 tharlt8ble.compan￿s Membe￿, as a body. in.'acwrdan
of the Companies Act2006. Our sudtt work has been undertaken srl that we might State .
members those matters we are required to stale to. them in an auditor's report and for
fullest.extent pemiitted by law. we do not accept or assume responslbllty to anyone
company and the charitablè companys Mernbe￿ as a body. for ourauditwcitK forthis re
have fomied.
WIUI Chapter 3 of P2rt 16
the.charitablè company's
no other purpose.. To the
other than the charftable
orL or fo'r'the oplnions we

THE MOUNT VERNON MARIE CURIE RESEARCH WING TRUST
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF THE MOUNT VERNON MARIE CURIE RESEARCH WING
TRUST
Kleron Pearce FCCA (Senior Statutory Auditor)
For and on behalf of Xeinadin Audrt ￿mIted, StatutoryAuditor
Chartered Accountants
26 High Street
Rickmansworth
Hertft)rdshire
WD3 1ER
30 June 2025

THE mOUNTv.ERNO￿ MARIE CURIE RESEARCH WING
RUST
STATEMENT OF FINANCIAL ACTMTIES
INCLUDING INCOME AND EXPENDITUREACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
nr
trfcted
funds
2024
.Unrestricted
funds
2023
Notss
Income and endowments ftom:
Donations and legacies
Charitable actlvtties
Inveslmelits
Other income
21.604.
.g,365
54,485
.5,892
23,023.
23,603
52,478
9..205
Total Income
118,309
Expertdmure on:
Raslng funds
Charltablè activities
19.451
96,222
113,644
Total expendlture
133,864
115.673
Ngt gainsl(loss•sl on'lnvethtnts
12
126.147
Net income'.and movement.in fvnds
83,629
36,811
Reconcillation of funds=
Fund balanGes at 1 October 2023.
,569,021
1,532,211
Fund balances at 30 Sep.tènlber 2024
.652.651
1.569,022
The.statement of firydndal activlties indudes all gains artd losses Tecognised in the year.
derive.from confjnulng a¢tivhies.
income and expenrfrture
Tb&notes on pages 9 to 16 form part of these financial stslements.

THE MOUNTVERNON MARIE CURIE RESEARCH WING
RUST
BALANCE SHEET
AS AT30 SEPTEMBER 2024
2024
2023
Fixed assets
Invastrnents
14
1.,444,088
1293,509
Current assets
Debtors
Cash at bank and in hand
15
45h25
21.4.034
34,023
28g.792
259,459
Creditors: amounts falling due wtthln
one:'year
323,815
(50.896)
(48,302.)
Net current assets
208,563
275.513
Total assets le￿ current Ilabilitios
1,652,651
1,569,022
The funds of th? trust
Unrestrlcted fund.s
17.
1.652,651
1,569,022
1,652.651
1,$69,022
The notes on pag¥'9 to 16 fonyb pert of'these Ilnancial slatements.
The ftnancial statèments Wère approved by the.tnths o
7AZ¢
Dr R Alonzl
Trustee
rof P Hoskln
Trustee
DrAMakris
Dr K Chiu
Trustee
Trustee
Company registra￿On number 04110627 (England and Wales)

THE MOUNT VERNON MARIE CURIE RESEARCH WING
RUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Accounang p0￿Cl￿
Charity inforniation
The Mount VÈmon Marie Curie Research w￿g. Trust is a privat"e'company IRmited
in England arjd Wabs. Thé registered office is The Mount VemoY Marie Curie
Mount Vemon Hos*l. R1dm￿nsWOrth Road, Northwood: Middlese& HA6 2RN, E
y guarantee incDrp.orated
esearch Wiro.. 1st Floor,
land,
1.1 Accounting convention
The financial staternents have been prepared in acoNdance V￿th the trust's
Companies Act 2006. FRS 102 Yh6 Finawaj RepoTting Standard applicable i
Ireland. and the Charities SORP 'AcLounting and Reporting by Charities: Sts
Prathce applicab]e' to chariknes preparing Iheir accounts in accordance with the Fi
appliGable in the UK and Republic of I￿13nd (FRS. 102)". The.frust Is a Public Bene
oveming douJmenL 'th"e
th8 UK and Republic of
ment of Recommended
ncial Rep(wting standard
Entity as defined by FRS
The twst has. taken.advantage of the prDvlslons in the SORP for charjiles not te p
pare a stslemèht of G8sh
The ffnanclal statements a￿ prepared in sterlng: ithich b the fvD¢tional curr
Blnounts in thesa financial ststsments are rounded to the nearest £
of the trust. Monetary
Th& finandal statements have been prepared under the historical cost conventlon
poli¢les adopted are set outbalow.
The principal accountÉng
1.2 Golng concem
At the time. of approving the financial ststements, the tnjstees have 8 reasonable
has.'adequate resources to continue in oPerat￿nal existence ft)r the foreseeable
Gonlinue to adopt the goins concèrn basls of accourrtirwJ n prepariry Ihe ffnancial s
8xpeclation that he trust
fvbjre. Thus the fnJstee$
teménts.
1.3 Gharitable funds
UnrestrSGted fijnds are. avali able 'for use at. Ihe dlscretion of the Injstees in fu
objectives.
rance of their charitable
1.4 In¢oThO
Income is recognksed when tho trust is legally 8nttt]ed to it after ary perfo￿￿2￿Ce
the amounts tran be m￿SUTed Teliably. and it is probabb that inrnmp WHI be receiv
onditlons have been rnet,
Cash donalions are recognised on receipL Otr¢er donalions arè recogrused onc8 th
the donation,"untess performance con￿￿ons.reqU1r& defÈrTal of the amounL Income
to donations re￿iVed under GiftAid or deeds cf covenant Is recognised at the t￿ne
trust has been notifièd of
recoverable Ih"relation
f thE donatson.
Legacaés a￿ recognised on receipt or olh8Trvtse if the tnist has been notified of an
amount is kno￿. and receipt Is expected. If tlie amount is not luThn, the legacy
asset.
pon(fing distribu￿On, the
5 treated as a contlngent

T.HE MOUNTVERNON MARIE CURIE RESEARCH WING
RUST
KOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Accounting pollcies
'(Continued)
1.5 Expenditure
Exp8nditure is r8cognised once there is a legal or construthve obligation lo tran
third paty, it Is probable that a transfer of economtc benefits. will be r8quired in s
1he obligatlon can be measured reliabty.
Expenditure is classtfied by acbvity. The cost& of eath actsvity fi￿ made up of
shared costs. i1)c￿dIng support costs involved in undertaking each activlty. Dlre-t c
activity are auocatsd dÉrect]y to that actiwty. Shared costs which coRtibute to
support Costs ithich are not attributable to 2 single activity are apportioned be￿e
nsistant with the use of 'resour¢XS. Central staff Costs are allocated cn the
depredatlcin tharges are allocated on portlon of the assefs use.
rer 8conomiG benefit to a
emenk and the amount of
total of direct costs and
attrlbulable. b.a single"
re than one activSty 4nd
those activitleg on.a basis
asis of time spent, 'and
1.6 Flxed asset investments
Fixed asset rnvestments are initiaily measured at transartion price exdudlng
subsequently measured at fair value al each reporting. date. Changes in fair v
Incomollexpanditure) far the year. TransaGtion costs are eXper￿d as incurred.
nsaction oxts, and ar8
ue aTe rec4)gntsed in n'et
1.7 Cash and cash equivalents
Cash and .cash equiva]ents Include cash in ThaDd'. deposits held at call with ban
intrestments with original matufities of thrBo months or less. and bank overdr.afts.
within borrowtngs in current liabilitie&
other short-lerm liquid
?nk overdrafts arè shown.
1.8 Financial instruments
Thè trust has'elected to apply the provisions of Sedion 11 'Baslc Financial Instnjm
.Financial Instrum8nts Issues. of FRS 102 to all of Its financ￿￿ instruments.
nts and Sectlon 12 '0thèr
Inancial instwments are recognised. in the trusts balance sheet then the t
ntractiial provisions of the InstrumenL
st becomes paty to thè
Flnancial assets and liabllStES are otset, with the net amounts presented In the
there is a legally enforceable right to sel off the recognised 7mounts arKI Ihere is an
baas or to reallse the asset and settle the liabifty simult4neou81y.
ancxal statements, when
ntentic?n to settle.on a net
Basic financlal assets
BasiG financial asèets, whith inclvd& debtors end "¢ash and bank baknc8s.
transaction Pri￿ including transaclion costs and are 5ubsequentty Ixrried at arno
Interest method unless thè .arrangément ¢onstitute5 a finandng transactton.
measured.at. ihe present value of.the fijlU￿ receipts discounted at a market rate o
classified.as receivable withln one year are riot amartised.
re inTiially measured at
d cost using the effectwg
Ère thè transaction 15
interest. Ftnancial assets
Basic'r
Inancial Ilabllities
Basic financial liabilities. includlng creditors and bank loans are Initially r9¢x)gnised
the arrangÉment constilutes. a financing transactson. where the debt inslNment i
t transaction price unless
measured at tTrJè present
value of the future payrnerits dlscounted at a market rate of IrrteresL FIr￿n¢la1 liab"'ties ciassifipd as'pay'able
within one.year are not amortised.
Debt iiistruments are subsequenty 1*rri￿at amortised (xjrt Jjsing the effeclive in
Trade creditors are obligalK>ns ta pay for'goods or servKes Ihat have been acqui
operations fro.m stsppliÉrs. Amounts payable are classified as currenl" liabiliiie5 rf
year or less. If not.. they are presented as nonairrent liabiffies. Trade ueditors
transaction prlce and subsequentty" measured at amortised O￿t using the.effective
est rats meihcd.
in Ihe" ordinary.cours&.'of
yThent due within onè
retsgnised initially at
tereg..method.

THE MOUNT VERNON MARIE CURIE RESEARCH WING
RUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
A¢£ounting poficies
(Continued)
Derecognillon of financlal liabilities
Financial fiabtrrtÉ8s .are derecognised when ihe 'trusYs contrdclual obltgations
cancelled.
irg or. are .distharged or
1.9 Employee'benefits
The cost of any unused holiday eNffttem8nt is recognised in the perfod in which.th
ernptOy8e's seNicès are
TermÈnation benefits'are recognised immediately as aD expense when the trust is
termlnafe.the emptoyment of7n employee ar to pp)vid8 termination beneftt&
monstrably Gomrritted to
Income from donations and legacles
Unr
5trfcted
funds
2024
Unrestrlcted
funds
2023
Donations and grfts
Legaaes
21,104.
500
28,023
5.000
21,6Q4
33,023
InGome from ¢harltable actlvllles
strieted
'funds
202
Unrestricted
funds
2023
Research"into and education on oncology.
P¢rforth'an¢e relat￿ grants.
9.366
23.603
In￿me from Investments
estricted Urtrestrlcted
funds
fund$.
2024
2023
Income frorn listed invesbnents
Interest recei¥rable
51.652
1833
51,.186
1.,292
54.485
52,478
11

THE.MOUNT VERNON MARIE CURIE RESEARCH WING
RUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Other income
restricted Unrèstrfcted
fvnds
funds
2024
2023
Tralnlng irbcome
Other income
1..93&
3,954
2.407
5.892
EXpendI￿re on ralslng funds.
rostricted UnrestriGte.¢
fvnds
funds
2024
2023
Inveslm8nt management
20220.
Expendituro on chaTStable aetlvilies
Research
Research
into and
into and
ducatlon
èducalio
oncology on oncology.
2024
.2023
on
Dlrect costs
Staff costs
Research mateAals
Lecture fees
Conf•renc8s
Computer & office.¢osts
Medlcat equipment
32,306
984.
.2,669
26,dS4
7,51.7
5,052
155
47.405
385
500
84.384
73.682
.Share' of support and governattce eosts (see no'te 8)
support
29.280
22.54Q
113.644
96.222
Analysis by.fund
Unrestricted fijnds
113.844
96,222
Durfng tha year ar) ex-gratia.'payment of has been ac&ryJed to the voluntBer.
'.as thanks for the work undertaken in managing the tharitie5 accounting functt¢in.
ooJd(eeper for the charity
--1.2-

THE MOUNT VERNON MARIE CURIE RESEARCH WING
RUST
NOTES TO THE FINANCIAL STATEMENTS (CONTNU.ED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
sup.port eosts allocaled to acbvities
arch Into
ucatlon
oncology
2024
Total
and
pn
2023
Subscriptions
Administrative expenses.
Travelling
Student tralning
Governance
1.281
6,962
1.9D3
12,069
7.746
29,260
22.540
Net movement in funds
2024
2023
The net movement iri.funds Is stated after chargingl(crediting):
Fees payable for the audit of the charl￿5 financial slatements
5,100
4.5È0
10 Trust••s
None of lh8 .trustees .(or any persons conn8Cted Y￿th them) received aFry' remune
tru'st during the year.
During the year4 Trustees Were reimbursed expenses lotalllng £4,735 (2023. £3,12
tlon or bgnafits from the
.11 Ernployoos
The average monlhty'nutnber of emp.toye8s during the yearwas:
2024
Number
2023
Number
Res.éarch staff
Etnployment Gr)sts
2024.
2028.
w8ges.and salaries
33,481
There wer6 no èmployees wlloge annuaI.remurEration was moro than £60.01)O.
13-

THE MOUNTVERNON MARIE CURIE RESEARCH WING
RUST
N.OTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
12 Goins.and losses on imvestm8nts
restricted Unreslrlcted
funds
funds
.2024
2023
Gainsl(losses) arising on-
'R£valuaUon of investrnÈnts
126.147
34.175
13. Taxation
The dlarity Is exempt from taxation on its activibea beixuse all its income Is applied
forcharitsb18 purposes.
14 Fixed asset investments
Listed
investments
Cost orvaluatioh
.At 1. October 2023
Addffjons.
Valtratlon"Ghanges
Disposals
1.293,50'9
324,034
t32,250
(305,705.1
At 30 September 2024
1,444,088
Carrying amount
At 30 September 2024
1.444,088
At 30 Septernber 2023
1.293,509
q.5. Debtors
2024.
2023
Amounts fallng due. within one yaar:
other'dèbtors
Prepayments and ewrued In￿￿8
19,859
25,566
1'7,394
16.629
45,425
34.023
.6 Crndstors-. tmtsunts taifing due wtthin on8 year
2024
2023
Trade crethtOTS
A¢cruals and defeThed incorrte
10,800
40,096
.32,T29
14.573
50.896.
48,302
-14-

THE MOUNTVERNON MARIE CURIE RESEARCH WING
RUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEP.TEMBER 2024
17 Unrestricted lunds
The unrestricted funds of the cham.ty Comprise lh8 unexp8nded ba'lances of donatio
nDt subject to sperAfic c*nrfrtion& by donors arid grantors as to how they may be us
d8signated funds which have been set£side out of unreslricted fvnds by the truste
and grants whlth are
. These include
for specific purposes.
At 1 October
2023
Incoming
sources
Resources
expended
ains and
losses
.At 30
September
2024
Dr'P Hoskin
Dr K Chlu
Dr D Mile5
DrA Makr&s
Breast
Development
F￿hting breast cancer
Staff development
Cybert(nife
Brad)y
General fvnds
Dr P Ostler
Dr M Harrison
Dr N Shah
Dr S Mawdlsey
Dr R Alonzr
Dr Guppyjwesbtury
Dr N Bhuva
DrA Vinayan
59&,717
184.7TO
103.218
34.018
.10,924
3.398
3,131
(55,896)
(4,720)
(10,418)
(21.591)
(1,380)
(1252)
{574)
(6.117)
(215)
(34)
(14,111)
(8565
(6,490)
{6,516)
(199)
(3.oon
(409)
(87}
(12)
47,975
14,855
8,300
7.646
4.014
622.814
205.829
104,498
84.291
54,206
106,909
52,439
79,641
18.362
5,168
116,g42
29.857
15,701
74.861
6,991
49.928
97.153
42.998
.029
16.686
2.652
115,916
27.587
19.932
73.094
1S.4?11
37..584
7,084
3,198
6,558
2,536
549
2.337
5,818
908
656
1406
508
8,812
83
2,672
1,040
3,457
6,193
1,342
213
9,'319
1241
3.022
570
419
73
7,478
8,247
2,006
1.569,022
91.346
(133.8845
126,147
1.652,6$1
-15.-

THE MOUNTVERNON MARIE CURIE RESEARCH WING
UST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED.).
FOR THE YEAR ENDED 30 SEPTEMBER 2024
17 Unrestrlcted funds
[ConthiLtÈd
Prevlous year.
At 1 Odober
2022
Incoming
resour¢2s
Resources
expended
ins and
105ses
At30
Seplember
2023
Dr P Hoskin
Dr K Chlu
Dr D Miles
DrA Mark
.Breast
Pevelopment
Fighling. breast trancer
Staff devehjpmènt
Cybetknlfe
582.790.
184.809
102,602
97.511
48.842
93,14S
38,371
73,853
14.244
2.542.
119,580
27,394
19,110
70.721
14,804
.25.341
8.598
9,582
49,2T4
11,371
.3,428.
3.258
(48.34n
(15,532)
(5.100)
17.839)
(1,635)
(1,182)
(5,859)
{938)
(1.4e3)
(32)
[16.609)
(1,333)
{243)
13,000
598,717
184.7TO
103,218
95,105
49,928
97,153
42,998
77,029
16,686
2,652
115,916
27,587
19,932
73,.094
1S,441
37,584
7.084
5223
905
2,288
2.175
.3.112
9,630
2,467
3,587
85
10,278
915
639
1363
495
13.855
2,078
856.
1,647
318
57
2.667
General funds
Dr P Osti8r
Dr M H*rison
Dr N Shah
Dr S Mawdlsey
Dr RAlonzi
Pr Guppyfflesblury
DrN Bhuva
DrA Ifinayan
426
.1,577
330
S65
f47
214
(188)
(2.177)
(604)
(4,893)
320
657
1,532 211
118.309
(115,&73)
34,175
1,5fj9,022
When funds are re¢eNed' for 8 .$pecific corKsulianL they arB allocated to the rele
other receipts are allocatedlo the g8n8ral )TrJnd.
t consultarits fund. Aiiy
The geneRI, breas( fighting breast cancer and devekjpment fvnds are not aifocate
and are for.'general use on cancer ￿rCh.
to one specific consultant
The staff development fund is a designaled for staff and student dovelopmènL Cy
are designated'for research ih Improving those specific treatments.
knlfe and 'Brachy funds
18 Related party transactlons
There weté dlsclosable related paty transactÉons during the yèar (2023- none).
There were nc¥.related paty transactlons forthe year ended 30.September 2024.
19 Ultlmate Gontrolling party
The trustees be￿eve there is no ullimate contrDifing party.
16-