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2023-03-31-accounts

Trustees MrSArnold
MrsMEdwards(Chair)
MsD_Fielding_ resigned31May2023
MrHGardener
ProfessorRHealdCBE resigned25July2022
MrGCSMatherCBE resigned30November2022
MrFMohamed
ProfessorBMoran
MrMReesOBE
Mr1Wood deceased15June2023
Charityregistrationnumber 1141911
Companynumber 07264864
Charityaddress ThePelicanCancerFoundation
TheArk
DinwoodieDrive
Basingstoke
Hampshire
RG249NN
Auditors TCGroup
3AcornBusinessCentre
NortharbourRoad
Cosham
Portsmouth
P063TH
Bankers CAFBank
25KingsHillAvenue
KingsHill
WestMailing
Kent
BarclaysBankPlc
MarketPlace
Basingstoke
Hampshire

CONTENTS PAGE
Chair'sstatement 1
Trustees'report 2-8
Auditors'report 9-12
Statementoffinancialactivities 13
Balancesheet 15
Notestothefinancialstatements 15-24

Restricted Unrestricted Total Total
Funds Funds Funds Funds
Notes 2023 2023 2023 2022
f f f f
IncomingResources
Incomingresourcesfromvoluntarysources:
Donationsfromthepublic 2 40,453 40,453 32,206
Trustincome 2 - 5,500 5,500 52,500
Legacyincome 2 -
Fundraisingincome 2 - 51,557 51,557 30,662
Incomeresourcesfromcharitableactivities:
Courses 2 6,320 6,320
Governmentgrants 2 21,166
Otherincome:
Investmentincome 2 - 24,947 24,947 17,082
Totalincomingresources 128,777 128,777 153,616
Resourcesexpended
Costofgeneratingfunds 3 89,613 89,613 149,580
Charitableactivities:
Researchexpenditure 3 1,264 1,264 (23,804)
Coursecosts 3 34,587 97,393 131,980 40,634
TotalResourcesexpended 34,587 188,270 222,857 166,410
Netincomingresourcesforthe year (34,587) (59,493) (94,080) (12,794)
Unrealisedgains/(losses)on
revaluationofinvestments - (77,152) (77,152) 16,134
Netmovementoffunds (34,587) (136,645) (171,232) 3,340
At31March2022 45,013 921,29S 976,40g 972,0Gg
At31March2023 10,426 794,750 805,176 976,408

2023 2022
Notes
Fixedassets
Tangibleassets 7 4,623 5,363
Investments 8 739,150 891,678
Currentassets
Accountsreceivable 5,401
Prepaymentsandotherdebtors
4,204

1,387
Cashatbankandinhand 69,970
91,996
79,575
93,383
Creditors:amountsfallingduewithintheyear
Accountspayable 7,815
4,554
Employmentcreditors 4,417
2,442
Accruals 5,940
5,400
Grantspledged 9 1,620
Deferredincome
18,172
14,016
Netcurrentassets 61,403 79,367
Totalassetslesscurrentliabilities 805,176 976,408
Funds
Restricted 10 10,426 45,013
Designated 11 550,000 550,000
General 11 244,750 381,395
805,176 976,408
ThesefinancialstatementswereauthorisedforissueandapprovedbytheTrusteeson t?.) •t'1/47- 3

Total Total
Restrictedfunds Unrestrictedfunds funds funds
2023 2022 2023 2022 2023 2022
f f f f f f
Incomingresourcesfromvoluntarysources
Donationsfromthe
public 40,453 32,206 40,453 32,206
TrustIncome 50,000 5,500 2,500 5,500 52,500
LegacyIncome - -
FundraisingIncome 51,557 30,662 51,557 30,662
Incomingresourcesfromcharitableactivities
Courses 6,320 - 6,320 -
CoronavirusJobRetentionScheme - 21,166
OtherIncome
InvestmentIncome - 24,947 17,082 24,947 17,082
RefundreR&Drepaid
Totalcosts - 50,000 128,777 103,606 128,777 153,606

Costsof Total Total
generating Research Course funds funds
funds expenditure costs 2023 2022
£ f f f f
Trainingcourses - - 71,201 71,201 29,592
Researchexpenditure(note9) (2,143) (2,143) (28,221)
Wagesandsalaries(note4) 67,241 2,606 46,496 116,343 108,245
Facilitiescosts 167 - 167 91
Consultancyandprofessionalfees 11,912 461 8,236 20,609 36,458
Fundraisingcosts 1,549 - - 1,549 2,307
Website - - 263
Supportcosts 8,744 340 6,047 14,832 17,675
Totalcosts 89,613 1,264 131,980 222,857 166,410

RESOURCESEXPENDED(continued...)
2023 2022
£ £
Analysisofsupportcosts
Depreciation 2,660 2,580
ITcosts 2,754 6,483
Auditfees 5,940 5,400
Bankfees 473 466
Otherofficeadministrativesupportcosts 3,005 2,746
14,832 17,675

STAFFCOSTSANDTRUSTEES'REMUNERATION
2023 2022
£ £
Staffcostsandtrustee'sremuneration
Wagesandsalaries 101,900 91,611
Socialsecurity 5,347 7,914
Pensioncosts 9,096 8,720
116,343 108,245

Theaveragenumberofemployeesduringtheyearwasmadeup asfollows:
2023 2022
No. No.
Total 4 4
6. NETINCOMINGRESOURCESFORTHEYEAR
Thisisstatedaftercharging:
2023 2022
£ £
Auditorsremuneration—asauditor 5,940 5,400
Depreciation 2,660 2,580

Computers Equipment Total
Cost
At1April2022 91,618 27,426 119,044
Additions 1,920 1,920
At31March2023 93,538 27,426 120,964
Depreciation
At1April2022 87,796 25,885 113,681
Depreciationcharge 2,166 494 2,660
At31March2023 89,962 26,379 116,341
Netbookvalue
At31March2023 3,576 1,047 4,623
At31March2022 3,822 1,541 5,363
8. INVESTMENTS
2023 2022
Marketvalue
At1stApril2022 891,678 955,473
Investmentincomereceivedreinvested 24,624 17,071
Withdrawals (100,000) (97,000)
Gain/(Loss)onfairvaluemovements (77,152) 16,134
At31March2023 739,150 891,678
Investmentsheldasfollows:
Globalinvestmentunitfunds 886,888
Cashheldbyinvestmentmanners 739,150 4,790
At31March2023 739,150 891,678

ANALYSISOFGRANTS
2023 2022
£ £
Researchexpenditureduringtheyear
COALS 2,224
PelicanFellow
Grantrefundsreceivedongrantspreviouslyderecognised (945)
Grantobligationsreleasedonexpiryofgrant (29,500)
GrantspayablechargedtotheSoFAduringtheyear (28,221)
2023 2022
£ £
Grantspayable
Grantspayableat31stMarch2022 1,620 29,500
GrantspayablechargedtotheSoFAduringtheyear (2,143) (28,221)
Grantspaidduringtheyear (2,230) (604)
Grantreceiptsreceivedduringtheyear 2,753 945
Grantspayableat31stMarch2023 1,620
Inadditiontotheabove,thetrusteeshadalsoapprovedthefollowinggrantstobemadeat31March2023,
butwhicharenotaccruedforwithinthesefinancialstatements,asthecharitystillhadcontrolofthesefunds
at31March2023:
2023 2022
£ £
Grantsapproved
None
Grantspledgescommitted,butnotaccruedat31stMarch2023

RESTRICTEDFUNDS
At At
1April Incoming Outgoing 31March
2022 resources resources Transfers 2023
f f f f f
Restrictedfunds
Equipment-MDTProjector 2,000 2,000
TIPTOP 14,813 (14,813)
ColorectalSymposium (6,387) 14,813 8,426
OnlineEducationProgramme 28,200 (28,200)
TotalRestrictedfunds- 2023 45,013 (34,587) 10,426

At At
1April Incoming Outgoing 31March
2021 resources resources Transfers 2022
f f f f f
Restrictedfunds
TIPTOP 14,813 14,813
OnlineEducationProgramme 50,000 (21,800) 28,200
Equipment—MDTprojector 2,000 2,000
TotalRestrictedfunds- 2022 16,813 50,000 (21,800) 45,013

At At
1April Incoming Outgoing 31March
2022 resources resources Transfers 2023
f f f f E
Designatedfunds
Contingencyreserve 300,000 300,000
Research&Educationcommitments 200,000 200,000
Fixedassetfund 50,000 50,000
TotalDesignatedfunds- 2023 550,000 550,000
Generalfunds 381,395 128,777 (265,422) 244,750
TotalUnrestrictedfunds- 2023 931,935 128,777 (265,422) 794,750
At At
1April Incoming Outgoing 31March
2021 resources resources Transfers 2022
E E f f f
Designatedfunds
Contingencyreserve 300,000 300,000
Research&Educationcommitments 200,000 200,000
Fixedassetfund 50,000 50,000
TotalDesignatedfunds— 2022 550,000 550,000
Generalfunds 406,255 119,750 (144,610) 381,395
TotalUnrestrictedfunds- 2022 956,255 119,750 (144,610) _ 931,935

Unrestrictedfunds Unrestrictedfunds
Designated GeneralFunds Restricted Total
Funds Funds
f f f f
Fixedassetinvestments 550,000 189,150 739,150
Tangiblefixedassets 4,623 4,623
Cashatbankandinhand 59,544 10,426 69,970
Othernetassets/(liabilities) (8,567) (8,567)
550,000 244,750 10,426 805,176