ORACLE CANCER TRusr ANNUAL REPORT 2021-22
| Annual rteport an Contents |
d Financial Staternenta, 2021 —2 |
022 |
|---|---|---|
| Our impact 2021/22 | ||
| Thanks from our Chair | 3 | |
| Welcome from our CEO | ||
| Peter Rhys-Evans | 5 | |
| Who we are | 7 | |
| Robert's story | 8 | |
| Working in Partnership |
9 | |
| Our Research Impact | 10 | |
| Janet's story | 13 | |
| Our fundraising approach |
14 | |
| Looking ahead | 15 | |
| Report from the trustees | ||
| Financial Review 2021/2022 | 16 | |
| Structure, Governance and Management |
17 | |
| Legal and administrative details |
20 | |
| Statement ofTrustee' responsibilities | 21 | |
| Independent auditor's |
report | 22 |
| Financial statements | 25 | |
| Notes to the financial | statements | 27 |
| Trustees | Mr Peter Rhys-Evans, MB, BS,LRCP, FRCS, DCC (resigned 77May 2022) |
Mr Peter Rhys-Evans, MB, BS,LRCP, FRCS, DCC (resigned 77May 2022) |
Mr Peter Rhys-Evans, MB, BS,LRCP, FRCS, DCC (resigned 77May 2022) |
|
|---|---|---|---|---|
| Sir Michael Lockett, KCVO (resigned 21st (Vlarch | 2023) | |||
| MrJohn Fallon (resigned 14December 2022) | ||||
| Mr Keith Jones | ||||
| Mr James Robertson | ||||
| Mrs Nicola Ridges-Jones | ||||
| Prof. Gus Alusi (appointed 1September 2022) | ||||
| Mrs Ali Hansford (appointed 2September 2022) |
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| Dr Mehrnet Sen (appointed 1September 2022) | ||||
| Honorary | Trustees | Prof. Kevin Harrington, BScMBBSMRCP FRCR |
FRCP PhD DIC | |
| Prof. Christopher Nutting, BScMBBSMD PhD FRCP FRCR MedFIPEM |
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| Dr Kate Newbold, MBChB MRCP FRCPE FRCR MD |
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| Prof. Vinidh Paleri MBBS MS FRCS (CSiGI FRCS(ORL-HNS) |
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| Patron | Sir Michael Morpurgo | |||
| Tony Matharu | ||||
| President | Jimmy Mulviile |
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| Vice-Presidents | Nigella Lawson | |||
| Jenny Pitman OBE |
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| Charity Number | 1142037 | |||
| Company | Number | 07125497 | ||
| Principal address | 85Great Portland Street, London, WlW 7LT | |||
| Registered Office ofChadity | 80Coombe Road, New Maiden, KT34QS |
|||
| Auditors | Goldwins, 75Maygrove Road, West Hampstead, |
London, NW6 2EG | ||
| Bankers | CAF Bank Limited, 25 Kings Hig Avenue, Kings Hill, |
West Mailing, Kent ME19 | ||
| 1BE | ||||
| Solictiors | Dorsey &Whitney LLP,199Bishopsgate, London, |
EC2M 3UT |
| Notes | Restricted | Unrestricted | Total | Total | |||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | ||||
| 2022 | 2022 | 2022 | 2021 | ||||
| E | E | E | E | ||||
| INCOME | |||||||
| Donations and legacies Government grants received |
1 | 211,783 | 226,004 | 437,787 | 255,704 2,933 |
||
| Fundraising events Investment income Other income |
2 | 27,730 174 |
27,730 174 |
39,300 4,471 16,927 |
|||
| Total Income | 211,783 | 253,908 | 465,691 | 319,335 | |||
| EXPENDITURE | |||||||
| Costs ofraising funds | |||||||
| ~ costs ofgenerating fun drai sing income |
voluntary | and | 3 | 2,200 | 130,278 | 132,478 | 96,968 |
| Expenditure on charitable |
|||||||
| activides and Governance costs | 4 | 203,767 | 175,987 | 379,754 | 249,671 | ||
| Total expenditure | 205,967 | 306,265 | 512,232 | 346,639 | |||
| Net gains on investments | |||||||
| Net Expenditure forthe | year | S,816 | (52,357) | (46,S41) | (27,304) | ||
| Reconciliation ofFunds | |||||||
| Total Funds brought forward 1June 2021 |
285,842 | (113,294) | 172,548 | 199,852 | |||
| Transfer between funds | (128,490) | 128,490 | |||||
| Total funds carried forward at 31 | May 2022 | 163,168 | (37,161) | 126,007 | 172,548 |
| Notes | 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|
| FIXEDASSETS | ||||||||
| Tangible | ||||||||
| CURRENT ASSETS | ||||||||
| Debtors | 10 | 5,666 | 40,908 | |||||
| Cash at bank | and in hand | 470,285 | 714,156 | |||||
| 475,951 | 755,064 | |||||||
| CREDITORS: Amounts | falling due | |||||||
| within one year | 349,944 | 582,516 | ||||||
| NET CURRENT ASSETS | 126,007 | 172,548 | ||||||
| TOTAL ASSETSLESSCURRENT LIABILITIES | 126,007 | 172,548 | ||||||
| NET ASSETS | 126,007 | 172,548 | ||||||
| FUNDS | ||||||||
| Restricted funds | 12 | 163,168 | 285,842 | |||||
| Unrestricted | funds | 13 | (37,161) | (113,294) | ||||
| TOTAL FUNDS | 126,007 | 172548 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| E | E | |||
| Project related donations | Restricted | |||
| Unrestricted | funds | 5,000 | ||
| General donations | Restricted | 67,555 | 132,280 | |
| Unrestricted | funds | 224,791 | 106,854 | |
| Grant funding | Restricted | 144,228 | ||
| Unrestricted | funds | |||
| Legacies | Restricted | |||
| Unrestricted | funds | 1,213 | 11,570 | |
| 437787 | 255,704 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| g | E | |||||
| Bank | interest | receivable | unrestricted | funds | 174 | |
| 174 | 4,471 |
| 3.Costs | ofgenerating | ofgenerating | voluntary | and fundraised income |
|
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| f | E | ||||
| Unrestricted | |||||
| Fundraising | Costs | Salaries | 40,291 | 32,697 | |
| Events | 11,003 | 9,391 | |||
| Support | costs allocated (Note 5) | 78,984 | 54,880 | ||
| 130,278 | 96,968 | ||||
| Restricted | |||||
| Printing, | Postage and stationery | (from | 2,200 | ||
| Mercers' | Fund) |
| Charitable activities and gove |
rnance costs |
|
|---|---|---|
| 2022 | 2021 | |
| 6 | ||
| Research grants | 321,109 | 199,705 |
| Support costs (Note 5) | 31,377 | 20,292 |
| Governance costs (Note 6) | 27,268 | 29,674 |
| 379,754 | 249,671 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| 6 | E | ||||||
| Sub-contractors | 69,838 | 36,115 | |||||
| PR consultancy | 7,065 | 6,563 | |||||
| Printing, | postage, stationery | and website | 12,403 | 14,887 | |||
| Other office, travel and | sundry | Recruitment | 18,887 | 19,752 | |||
| Legal | 3,600 | ||||||
| Allocated | to Charitable | activites | (Note 4) | ||||
| Allocated | to Governance | costs | (Note 6) | (31,377) | (20,292) | ||
| (1,432) | (2,145) | ||||||
| 78984 | 54879 |
| Governance costs | ||
|---|---|---|
| 2022 | 2021 | |
| g | ||
| Bookkeeping and external scrutiny | 25,836 | 27,529 |
| Support costs allocated (Note 5) | 1432 | 2,145 |
| 27,268 | 29,674 |
| et expe | nditure for |
the year | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| 5 | ||||
| This is stated | after charging (net | ofVAT): | ||
| Fees payable | tothe Auditor | Audit services | 4,500 | 4,500 |
| Depreciation | charge for the year | |||
| 4,500 | 4,500 |
| 8.Staff costs, trustee remuneration | 8.Staff costs, trustee remuneration | and | key management | |
|---|---|---|---|---|
| personnel | 2022 | 2021 | ||
| E | ||||
| Salaries | 3,872 | |||
| Employer | Nl | 130 | ||
| pension costs | 28 | |||
| 4,030 |
| angible fixed assets | |
|---|---|
| 2022 | |
| Computer | |
| Equipment | |
| E | |
| Cost or Valuation | |
| At 31May 2021 | 1,180 |
| Additions | |
| At31May 2022 | 1,180 |
| Depreciation | |
| At 31May 2021 | 1,180 |
| Charge for the year | |
| At31May 2022 | 1,180 |
| Net Book Value | |
| At 31May 2022 | |
| At 31May 2021 |
| .Debtors | ||
|---|---|---|
| 2022 | 2021 | |
| E | E | |
| Grant and event debtors | 17,555 | |
| Other debtors and prepayments | 5,666 | 18,902 |
| Accrued income: | 4,451 | |
| Gift Aid and bank interest | ||
| accrued | 5,666 | 40,908 |
| Creditors - Due within 1year | ||
| 2022 | 2021 | |
| E | ||
| Grant accruals | 298,037 | 481,733 |
| Deferred Income and other | 12,370 | 11,752 |
| accruals Trade creditors | 39,537 | 89,031 |
| 349,944 | 582,516 |
| Balance | ||||||
|---|---|---|---|---|---|---|
| 1June | Gains / | Balance | ||||
| 2021 | Income | Expenditure | Transfers | (losses& | 31May 2022 | |
| E | E | E | E | E | ||
| CHK Charities | 39,533 | (27,500) | 12,033 | |||
| Swire- Pioneers of | 130,000 | (77,338) | 52,662 | |||
| Discovery (Fleming and | ||||||
| Melake) | ||||||
| Beaumont/ Terradace |
56,438 | 71,457 | (76,150) | (20,225) | 31,520 | |
| / AMRC (Patin) | ||||||
| Beaumont/Terradace | 50,000 | (25,558) | 9,637 | 34,079 | ||
| (Marsh) | ||||||
| AMRC (Lin) | 72,770 | 1,589 | (43,535) | 30,824 | ||
| Chellaram (Hobart) |
37,311 | 17,556 | 1,190 | (56,057) | 0 | |
| The Worshipful | 4,050 | (2,200) | 1,850 | |||
| Company ofMercers | ||||||
| Pennycress Trust |
200 | 200 | ||||
| BigGive | 18,310 | (18,310) | 0 | |||
| Immunotherapy | ||||||
| appeal | ||||||
| 285,842 | 211,783 | (205,967) | (128,490) | 163,168 | ||
| Balance | ||||||
| 1June | Gains / | Balance | ||||
| 2020 | Income | Expenditure | Transfers | (losses) | 31May 2021 | |
| E | E | E | E | E | ||
| BenderFoundation | ||||||
| CHK | 69,883 | (22,500) | (7,850) | 39,533 | ||
| Karsten Schubert | ||||||
| Mark Oonegan | (1,791) | 1,791 | ||||
| Fellowship | ||||||
| The Swire / Adrian | ||||||
| Swlre Charitable trust | ||||||
| Swlre Robotic Surgical | (11) | |||||
| Swire - Pioneers of | 156,000 | (26,000) | 130,000 | |||
| Discovery | ||||||
| Robinson / l.epicard |
5,569 | (8,824) | 3,255 | |||
| Julian's Journey | 2,679 | (2,679) | ||||
| Bob I-fowes (Patin) | ||||||
| Beaumont/ Terradace |
50,000 | 56,438 | ||||
| (Patin) | ||||||
| Robert Luff (Fleming) | (26,000) | 26,000 | ||||
| Chellaram (Hobart) |
73,711 | (36,400) | 37,311 | |||
| Worshipful Company |
4,050 | 4,050 | ||||
| ofMercers | ||||||
| Pennycress Trust |
200 | 200 | ||||
| BigGive | 15,310 | 3,000 | 18,310 | |||
| Immunotherapy | ||||||
| appeal | ||||||
| 245,443 | 132,280 | (86,387) | (5,494) | 285,842 |