Charity registration number: 1160500
40TUDE CURING COLON CANCER
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

40TUDE CURING COLON CANCER
CONTENTS ICONTINUED)
Trustees Report
1 to6
Statement of Trustees, Responsibilities
Independent Examiner's Report
8t09
Statement of Financial Activities
10
Balance Sheet
Notes to the Financial Statements
12to19

40TUDE CURING COLON CANCER
TRUSTEES REPORT
The trustees have pleasure in presenting their report and the unaudited financial statements of the
charity for the year ended 31 December 2024.
1. REFERENCE AND ADMINISTRATIVE DETAILS
Registered charity name 40tude Curing Colon Cancer
Charity Registration number 1160500
Charity correspondent Mr Gordon Moore,
12 Ranelagh Avenue,
London,
SW13 OBP
Registered Office As above
Website www.40tude.org.uk
2. THE TRUSTEES
The trustees who served the charity during the period were as follows:
Mr Jonathan Aucamp
Mrs Claire Godwin
Mr Gordon Moore {Chaiman)
Mr Stephen Morrison
Mrs Louise Murray
Secretary Mr G Moore
Key management personnel Ms K Sanday
Bankers Lloyds Bank,
33, 33A King's Rd
London
SW3 4LX
Solicitors Kirkland & Ellis (Intemational) LLP.
30 St. Mary Axe,
London,
EC3A 8AF
Page 1

40TUDE CURING COLON CANCER
TRUSTEES REPORT (CONTINUED
3. OBJECTIVES AND ACTIVITIES
The objectives of the 40tude Curing Colon Can￿r are..
To promote and protect the physical and mental heatth of sufferers of colon cancer and
gastrointestinal disease and their families through the provision of financial assistance,
research funding, specialised equipment, support, education and practical advi￿,. and
To advan￿ the education of the general public in all areas relating to bowel cancer and
gastrointestinal disease.
4. STRUCTURE, GOVERNANCE & MANAGEMENT
40tude Curing Colon Cancer is a Charitable Incorporated Organisation governed in line with its
Constitution dated May 2014.
Trustee recruitment and appointment
The charity trustees are as follows, and are appointed for the following terms..
Mr Gordon Moore indefinitely.,
Mr Jonathan Aucamp for a further three years"
Mrs Louise Murray for a further one year..
Mr Stephen Morrison for a further two years., and
Mrs Claire Godwin for a fijrther two years.
Mr Jonathan Aucamp was reappointed for a further three-year temi following the conclusion of his
second temi as trustee in 2024.
Every new trustee must be appointed for a term of three years by a resolution passed at a properly
convened meeting of the charity trustees.
Grant and donation making policy
The trustees have a policy for apportioning funding on the following basis..
Identify an organisation within the United Kingdom of Great Britain & Northern Ireland that we
consider to be effective and leading edge within the treatment of colon cancer and
gastrointestinal disease.
Within that organisation to identify the specialist programmes that we think most worthy of our
funding given our objectives.
Interview and engage with the programme leaders to agree how our grant will be applied to
create maximum impact on eradication of colon cancer.
Select one or more programmes that the charity funds.
Risk reviews
The trustees confirm that a Risk Management system is in place and that regular risk evaluation takes
place so that ne￿SSary steps can be taken to mitigate those risks.
Page 2

40TUDE CURING COLON CANCER
TRUSTEES REPORT (CONTINUED
5. PUBLIC BENEFIT STATEMENT
The trustees have referred to the guidan￿ contained in the Charity Commission's general guidance
on public benefit when reviewing the aims and objectives and in planning future activities. The
charitable objectives are also set out in order to provide a clear and demonstrable public benefit.
6. ACHIEVEMENTS AND PERFORMANCE
2024 was another action-packed year for 40tude, with many team and individual initiatives helping to
raise awareness as well as funds in support of the objectives of the charity.
In April, 40tude held once again its popular golf event in the north of Scotland. In the autumn the
stalwart support of 40tude from Scotland's rugby community came to the fore for our Tom Smith
Ginza Ridge Adventure Challenge in Japan. Our team of amateur trekkers was co-led by 40tude's
Ambassador and Scotland Rugby coach Gregor Townsend, as well as Zoe Smith. Zoe is the wife of
40tude's former Ambassador Tom Smith, the former Scotland and British Lion international who sadly
died from colon cancer in 2022. Through the team's efforts in scaling the Ginza Ridge, £84,000 was
raised for 40tude.
40tude is grateful to the many others who took on a range of personal challenges to raise awareness
and funds to cure colon cancer throughout the year, several of whom were inspired by Tom Smith and
his wish that everything should be done to prevent anyone dying from the avoidable consequences of
colon cancer.
In May, the indefatigable Stuart Thom and Budge Pountney led a new challenge in support of 40tude,
4Ed and the My Name'5 Doddie Foundation. For 'The Long Run, a group of former team-mates and
friends of the much-missed Tom Smith and Doddie Weir ran 78.6 miles (three back-to-back
marathons) in just one day, from GIOu￿ster Rugby Club to the home of Northampton Saints RFC, for
whom Tom played 174 matches.
Continuing the rugby connection, the following month 40tuder Nigel Connell was inspired to walk
66km from London Welsh to Reeds Weybridge rugby clubs in a little over 13 hours, to mark his 66th
birthday and his recent recovery from Stage 3 colon cancer. As well as helping to promote awareness
of 40tude's core messages about getting tested for this type of cancer. Nigel and the friends and
family who accompanied him on his long walk between these clubs, with whom he has long
associations as a player and coach, raised over £21.000 for the charity.
On 29th June a small group of long-time supporters of 40tude cycled the breadth of England in just
one day, riding 340km befvrfeen the Isle of Sheppey to Weston-super-mare be￿een the hours of
sunrise and sunset. They set themselves this challenge to honour their friend and fellow 40tude
cyclist, Lee Clements, who sadly died very unexpectedly from an undetected heart condition in early
2024. Reaching the finish with just one minute to spare before their target of sunset, they raised a
total of £14,000 which was directed equally to 40tude and C-R-Y (Cardiac Risk in the Young).
The summer also saw long-standing 40tuder Andrew Peterson take on another epic cycle ride for
40tude'. this time taking part in the Transcontinental Race from Roubaix in northern France to
Istanbul. For this ultra-dIstan￿ enduran￿ route Andy navigated his own route via four race
checkpoints in Slovenia, Bosnia, Kosovo and Turkey. cycling over 4,300 km 12,745 miles) and
climbing more than 45,000 metres in just 15 days while experiencing some of some of Europe's most
extreme summer temperatures. He was the oldest person to finish the Race, and, as a result of his
considerable efforts in completing this challenge raised more than £64,000 for 40tude.
Page 3

40TUDE CURING COLON CANCER
TRUSTEES REPORT (CONTINUED
Throughout 2024 40tude was delighted to be supported in a variety of ways by increasing numbers of
young people. We are grateful to Lucy Morrison who, with little running experience, set herself the
daunting challenge of running two marathons for 40tude within six months, completing the first of
these in Yorkshire in October. The Trustees are grateful also to Freya Sandberg who ran the
Copenhagen Marathon in memory of family friend, Saul Neale, who passed away due to colon cancer
the previous year,. Tom Edgar who completed the Westem Australia Ironman likewise in memory of
his uncle; and Amelie Smith, the daughter of Tom Smith, who nominated 40tude to receive the funds
raised through a concert held by the 'a capella, group that she sang in while at Exeter University.
Through this range of initiatives, and the many generous donations made by supporters, the charity
generated total income through fundraising of £241,014 in 2024.
In addition, 40tude was generously supported with donations from a number of companies and
foundations, including the 8c Capital Trust. CGE Partners. Raymond James, OPTO, Wype and
Urenco.
During 2024, 40tude was pleased to continue its partnership with St. Mark's Hospital and the St.
Mark's Hospital Foundation. As part of that on-going, multi-year, collaboration, 40tude supports a
significant number of projects including:
ICAN Study. a study to develop a non-invasive test to improve the earfy diagnosis of colon cancer in
IBD patients.
This programme is suc￿sSfullY developing a genetic test to predict accurately the bowel cancer risk
of IBD patients who have aggressive dysplasias. The intention is to determine be able to offer the
appropriate treatment, crucially, sparing low risk patients from unnecessary surgery.
Lync" three integrated studies to develop a new approach to detecting and preventing colon cancer
for those with Lynch Syndn)me.
The Lync quest to identify those carrying the Lynch Syndrome gene has been a huge success. A
National Registry has been created which is locating those individuals at an ever-increasing rate. This
will enable those on the registry to be invited for regular testing, thereby increasing early detection.
Multiple testing methods have been developed to improve testing and surveillance for those with
Lynch Syndrome and non-invasive methods have been evaluated alongside colonoscopies. The
intention is to improve the efficiency of screening those with Lynch Syndrome. 40tude's funding has
supported a significant study into the efficacy of qFIT tests for Lynch Syndrome.
The study is also world-leading in understanding the biomarkers in the gut biome in Lynch Syndrome.
The Tom Smith Research Fellowship.. a role dedicated to ￿searChing the genetics of hereditary colon
cancer.
The 40tude research fellow, Penelope Edwards, has been investigating how our immune system
interacts with mutated cancers and why some people with Lynch Syndrome develop cancer and some
don't. This exploration of how immunity could predict cancer risk, or even prevent cancer, is
anticipated to support outcomes for people at risk of developing colon cancer.
Project DRIVEN: a research programme looking at personalised surgical and medical treatment for
individuals recently diagnosed with colon cancer, with particular reference to right-sided cancer.
The combination of scans, biopsies and surgical results has now created a frame of reference for the
future treatment of right-sided colon cancer. helping to improve the outcomes for colon cancer
patients.
Page 4

40TUDE CURING COLON CANCER
TRUSTEES REPORT (CONTINUED
PERFECTS 11 and the National CT Colonography ("CTC') Training and Accreditation Programme..
programmes that have devised and deliVe￿d high-quality training for the inte￿retatIOn of CTC scans.
The wide variation in skills and outcomes in interpreting CTC scans had been a significant barrier to
successful early identification of colon cancer. 40tude's long term support has now resulted in the
training of over 70 radiologists and the creation of the CTC Training Academy. This makes 'gold
standard, training accessible across the UK, with nine Centres of Ex￿lLen￿ in England and the first
centre just opened in Scotland.
PERFECTS 11 extended the study to the training to radiographers (from radiologists). The intention of
PERFECTS I &11 has been to enable even greater use of CTC, reducing waiting lists and accelerating
diagnostic result times.
It is worth noting that every project involves ft)rmal and informal collaboration of many other brilliant
individuals and organisations across the United Kingdom working in this sector. Organisations who
work on these projects in collaboration with the St. Mark's Hospital Foundation include the Royal
Marsden Hospitsl,. the Institute of Cancer Research" Imperial, and St. Bartholemew's Hospitsl.
40tude provided £195,000 in funding to support these initiatives in the year.
At the end of the period the charity had cash available of £454,082 for future charitable funding and
the administration of the charity.
7. BRIEF STATEMENT OF THE CHARITY'S POLICY ON RESERVES
We had unrestricted reserves of £461,953. These fvnds are held in order to cover working capital and
short-term expenses to operate the charity and also to cover current and future commitments to fund
research projects and to advance further the objectives of the charity-
8. FINANCIAL REVIEW
As described above, the majority of income is applied to projects at St. Mark's Hospital Foundation,
costs relating to the fundraising events and to staff costs. We keep staff costs low by employing a
single manager of the charity and then buying specialist services from outside providers where
required.
The trustees control the charity funds. The attached financial statements show the current state of
finances, which the trustees consider to be sound.
The financial statements comply with the Charities Act 2011 and Accounting and Reporting by
Charities= Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable to the UK and Republic of Ireland
published on 16 July 2014, the charity's goveming document and have been prepared in accordan
with the accounting policies set out in the notes to the financial statements.
9. TRUSTEES, RESPONSIBILITIES STATEMENT
The trustees are responsible for preparing the Annual Report and the financial statements in
accordance with applicable law and regulations.
The law applicable to charities in England & Wales requires the trustees to prepare financial
statements for each financial year in accordance with United Kingdom Generally Accepted Accounting
Practice (United Kingdom Accounting Standards and applicable law). The trustees must not approve
the financial statements unless they are satisfied that they give a true and fair view of the state of
affairs of the charity and of the incoming resources and application of resources, including the income
and expenditure, of the charity for that period.
Page 5

40TUDE CURING COLON CANCER
TRUSTEES REPORT (CONTINUED
In preparing these financial statements, the trustees are required to..
a} select suitable accounting policies and apply them consistendy-
b) observe the methods and principles in the Charities SORP-,
make judgements and accounting estimates that are reasonable and prudent"
state whether applicable UK Accounting Standards have been followed, subject to any
material departures disclosed and explained in the financial statements,.
prepare the financial statements on the going con￿rn basis unless it is inappropriate to
presume that the charity will continue to operate.
d)
The trustees are responsible ft)r keeping sufficient accounting records that disclose with reasonable
accuracy at any time the financial position of the charity and enable them to ensure that the financial
statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008
and the provisions of the trust deed. They are also responsible for safeguarding the assets of the
charity and hen￿ for taking reasonable steps for the prevention and detection of fraud and other
irregularities.
10. INDEPENDENT EXAMINER
A resolution to re-appoint Mr NP Smith BA (Hons) FCCA as independent examiner for ensuing year
will be proposed at the annual general meeting.
11. DECLARATION
The trustees declare that they have approved the trustees. report a¥,2x&
SECURELY
28/10/2025
The annual report was approved by the trustees of the charity 61
behalf by=
IDf2025 31 10..26..17 AM
TC
nd signed on its
SIGNED SE¢iIRELY
2811012025 * 10..26..17AM LITC
Mr Gordon Moore
Chairman
Page 6

40TUDE CURING COLON CANCER
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees are responsible for preparing the financial ststements in accordan￿ with the United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice} and
applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial
year which give a true and fair view of the state of affairs of the charity and of the incoming resources
and application of resources of the charity for that period. In preparing these financial statements, the
trustees are required to..
select suitable accounting policies and then apply them consistently-
observe the methods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent"
state whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements., and
prepare the financial ststements on the going concern basis unless it is inappropriate to presume
that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable
accuracy at any time the financial position of the charity and enable them to ensure that the financial
statements comply with the Charities Act 2011, the Charities (Accounts and Reports} Regulations
2008, and the provisions of the constitution. The trustees are also responsible for safeguarding the
assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud
and other irregularities.
The trustees are responsible for the rna1ntenan￿ and integrity of the corporate and financial
information included on the charitable company's website. Legislation goveming the preparation and
dissemination of financial statements may differ from legislation in otherjurisdictions.
SIGNED SECURELY
28/ 10/2025
Approved by the trustees of the char
6H101202S at 10..2S..17 signed on its behalf by"
SIGNED SECURELY
2811012025 at 10'.26'.17AM urc
Mr Gordon Moore
Chairman
Page 7

40TUDE CURING COLON CANCER
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF 40TUDE CURING COLON
CANCER
I report to the charity trustees on my examination of the financial statements of the charity ft)r the year
ended 31 December 2024 which comprise the Statement of Financial Activities, the Balan￿ Sheet
and related notes which are set out on pages 10 to 19.
This report is made solely to the charity's trustees, as a body, in accordance with section 145 of the
Charities Act 2011. My work has been undertaken so that I might state to the charity's trustees those
matters l am required to state to them in this report and for no other purpose. To the fullest extent
permitted by law, I do not accept or assume responsibility to anyone other than the charity and the
charity's trustees as a body, for my work, for this report, or for the opinions I have formed.
Responsibilities and basis of report
As the charity's trustees of 40tude Curing Colon Can￿r you are responsible for the preparation of the
accounts in accordance with the requirements of the Charities Act 2011 ('the Act,).
I report in respect of my examination of the 40tude Curing Colon Cancer's accounts carried out under
section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable
Directions given by the Charity Commission under section 145(5)(b) of the Act.
An independent examination does not involve gathering all the eviden￿ that would be required in an
audit and consequently does not cover all the matters that an auditor considers in giving their opinion
on the financial statements. The planning and conduct of an audit goes beyond the limited assurance
that an independent examination can provide. Consequently l express no opinion as to whether the
financial statements present a 'true and fairf view and my report is limited to those specific matters set
out in the independent examinerfs statement.
Independent examiner's statement
Since 40tude Curing Colon Cancer's gross income ex￿eded £250,000 your examiner must be a
member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the
examination because l am a member of, which is one of the listed bodies.
I have completed my examination. I confimi that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect..
1. accounting records were not kept in respect of 40tude Curing Colon Cancer as required by
section 130 of the Act. or
2. the accounts do not accord with those records" or
3. the accounts do not comply with the accounting requirements concerning the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a 'true and fair view, which is not a matter considered as part
of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Page 8

40TUDE CURING COLON CANCER
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF 40TUDE CURING COLON
CANCER (CONTINUED)
SIGNED SECURELY
2811012025 at 10=54=16 AM UT
Mr N P Smith FCCA
21 Navigation Business Vlllage
Navigation Way
Ashton-on-Ribble
Preston
PR2 2Y
SIGNED SECURELY
28/ 10/2025
28M012025 •11Q..54..16AM irrc
Page 9

40TUDE CURING COLON CANCER
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestricted
funds
Restricted
funds
Total
2024
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Investment income
241,014
7,500
13,977
30,000
271,014
7,500
13,977
Total income
262,491
30,000
292,491
Expenditure on:
Raising funds
Charitable activities
Support costs
(60,097)
(165,000)
(46,080
(60,097)
(195,000)
(46,080)
(30,000)
Total expenditure
(271,177
(30,000
301,177
Net expenditure
(8,686)
8,686)
Net movement in fiJnds
(8,686)
(8,686)
Reconciliation of funds
Total funds brought forward
470,639
470,639
Total funds carried forward
16
461,953
Unrestricted
funds
461,953
Total
2023
Restricted
funds
Income and Endowments from:
Donations and legacies
Charitable activities
Investment income
268,946
24,684
6,308
32,800
301,746
24,684
6,308
Total income
299,938
32,800
332,738
Expenditure on:
Raising funds
Charitable activities
Support costs
{76,154)
(396,119)
{45,181)
(76,154)
(428,919)
(45,181)
{32,800)
Total expenditure
(517,454)
(32,800)
(550,254)
Net expenditure
(217,516)
(217,516)
Net movement in fiJnds
(217,516)
(217,516)
Reconciliation of funds
Total funds brought fotward
688.155
688,155
Total funds carried forward
The funds breakdown for 2023 is shown in note 16.
470.639
470,639
The notes on pages 12 to 19 form an integral part of these financial statements.
Page 10

40TUDE CURING COLON CANCER
(REGISTRATION NUMBER: 1160500)
BALANCE SHEET AS AT 31 DECEMBER 2024
2024
2023
Note
Fixed assets
Tangible assets
12
215
Current assets
Debtors
Cash at bank and in hand
13
14
8,260
454,082
19,594
452,686
462,342
472,280
Creditors: Amounts falling due within one year
15
390
1,856
Net current assets
461,952
470,424
Net assets
461,953
470,639
Funds of the charity:
Unrestricted income funds
Unrestricted funds
461,953
470,639
Total funds
16
461,953
470,639
ffj1&￿1*ES1atements on pages 10 to 19 were approved by the trustees, and authorised for issue
3F/ 10/2025 and signed on their behalf by:
2811012025 at 10.26.17 AM UTC
SIGNED SE¢iIRELY
2811012025 at 10..26..17 AM
Mr Gordon Moore
Chairman
The notes on pages 12 to 19 form an integral part of these financial statements.
Page11

40TUDE CURING COLON CANCER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1 ACCOUNTING POLICIES
Statement of compliance
The financial statements have been prepared in accordan￿ with the second edition of the Charities
Statement of Recommended practi￿ issued in October 2019, the Financial Reporting Standard
applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
40tude Curing Colon Cancer meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless othewise stated in the
relevant accounting policy notes.
Going concem
The trustees consider that there are no material uncertainties about the charity's ability to continue as
a going concern.
Income and endowments
Voluntary income including donations, gifts. legacies and grants that provide core funding or are of a
general nature is recognised when the charity has entitlement to the income, it is probable that the
income will be received and the amount can be measured with sufficient reliability.
Donations and legacies
Donations and legacies are recognised on a re￿1vable basis when receipt is probable and the
amount can be reliably measured.
Deferred income
Deferred income represents amounts re￿iVed for fijture periods and is released to incoming
resources in the period for which, it has been received. Such income is only deferred when..
The donor specifies that the grant or donation must only be used in future accounting periods., or
The donor has imposed conditions which must be met before the charity has unconditional
entitlement.
Donated services and facilities
Donated services and facilities are included in the Statement of Financial Activities when received at
the value of the gift to the charity provided the value of the gift can be measured reliably.
Donated ServI￿S and facilities that are consumed immediately are recognised as income with an
equivalent amount recognised as an expense under the appropriate heading in the Statement of
Financial Activities.
Page 12

40TUDE CURING COLON CANCER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
(CONTINUED)
Expenditure and liabilities
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is
probable settlement is required and the amount can be measured reliably. All costs are allocated to
the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot
be directly attributed to particular headings they have been allocated on a basis consistent with the
use of resources.
Raising funds
These are costs incurred in attracting voluntary income, the management of investments and those
incurred in trading activities that raise funds.
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities
and services for its beneficiaries. It includes both costs that can be allocated directly to such activities
and those costs of an indirect nature ne￿SSary to support them.
Liability recognition
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation
committing the charity to pay out reSoUr￿S and the amount of the obligation can be measured with
reasonable certainty.
Tangible fixed assets
Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any
estimated residual value, over their expected useful economic life as follows"
Asset class
Office equipment
Depreciation method and rate
33 % straight line
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees, discretion in
furtherance of the objectives of the charity.
Pensions and other post retirement obligations
The charity operates a defined contribution pension scheme which is a pension plan under which
fixed contributions are paid into a pension fijnd and the charity has no legal or constructive obligation
to pay further contributions even if the fund does not hold sufficient assets to pay all employees the
benefits relating to employee Servi￿ in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities
when they are due. If contribution payments ex￿ed the contribution due for service, the excess is
recognised as a prepayment.
Page 13

40TUDE CURING COLON CANCER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
(CONTINUED)
Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value.
2 INCOME FROM DONATIONS AND LEGACIES
Unrestricted
funds
General
Restricted
funds
Total
funds
Donations and legacies..
Donations from individuals
Gift aid reclaimed
215,301
25.713
30,000
245,301
25,713
Total for 2024
241,014
30,000
271,014
Total for 2023
268,946
32,800
301,746
3 INCOME FROM CHARITABLE ACTIVITIES
Unrestricted
funds
General
Totsl
2024
Total
2023
Sponsorship
7,500
7,500
24,684
4 INVESTMENT INCOME
Unrestricted
funds
Total costs
Interest receivable and similar income=
Interest re￿1vable on bank deposits
13,977
Total for 2024
13,977
Total for 2023
6,308
Page 14

40TUDE CURING COLON CANCER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
(CONTINUED)
5 EXPENDITURE ON RAISING FUNDS
A) COSTS OF GENERATING DONATIONS AND LEGACIES
Unrestricted
funds
General
Total
funds
Event management expenses
Marketing and publicity
52,273
7,824
52,273
7,824
Totsl for 2024
60,097
60,097
Totsl for 2023
76,154
76,154
6 EXPENDITURE ON CHARITABLE ACTIVITIES
Unrestricted
funds
General
Restricted
funds
Total
funds
Donations to St Mark's Hospital
Foundation
165,000
30,000
195,000
Totsl for 2024
165,000
30,000
195,000
Totsl for 2023
396,119
32,800
428,919
Page 15

40TUDE CURING COLON CANCER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
(CONTINUED)
7 SUPPORT COSTS
Unrestricted
funds
Total costs
Staff costs
Wages and salaries
Pension costs
Independent examiner fees
Examination of the financial statements
Administrative expenses
33,862
829
1,280
10,109
Total for 2024
46,080
Total for 2023
45,181
8 TRUSTEES REMUNERATION AND EXPENSES
No trustees have received any benefits from the charity during the year.
9 STAFF COSTS
The aggregate payroll costs were as follows-
2024
2023
Staff costs during the year were:
Wages and salaries
Pension costs
33,862
829
33,865
829
34,691
34,694
The monthly average number of persons (including senior management I leadership team) employed
by the charity during the year expressed as fvll time equivalents was as follows..
2024
No
2023
No
Average number of employees
No employee received emoluments of more than £60.000 during the year
Page 16

40TUDE CURING COLON CANCER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
(CONTINUED)
10 INDEPENDENT EXAMINER'S REMUNERATION
2024
2023
Examination of the financial statements
1,280
1,550
11 TAXATION
The charity is a registered charity and is therefore exempt from taxation.
12 TANGIBLE FIXED ASSETS
Furniture and
equipment
Total
Cost
At 1 January 2024
649
649
At 31 De￿mber 2024
649
649
Depreciation
At 1 January 2024
Charge for the year
435
213
435
213
At 31 December 2024
648
648
Net book value
At 31 December 2024
At 31 December 2023
214
214
13 DEBTORS
2024
2023
Prepayments
Accrued income
7,736
524
19,263
331
8,260
19,594
14 CASH AND CASH EQUIVALENTS
2024
2023
Cash at bank
454,082
452,686
Page 17

40TUDE CURING COLON CANCER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
(CONTINUED)
15 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other creditors
Accruals
161
229
161
1,695
390
1,856
16 FUNDS
Balance at 31
December
2024
Balance at 1
January 2024
Incoming
resources
Resources
expended
Unrestricted funds
General
470,639
262,491
{271,177)
461,953
Restricted funds
30,000
(30,000)
Total funds
470.639
292,491
1301,177)
461,953
Balance at 31
December
2023
Balance at 1
January 2023
Incoming
resources
Resources
expended
Unrestricted funds
General
688,155
299,938
(517,454)
32,800
470,639
Restricted funds
32,800
Totsl funds
688,155
332,738
(550,254)
470,639
Page 18

40TUDE CURING COLON CANCER
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
(CONTINUED)
17 ANALYSIS OF NET ASSETS BETWEEN FUNDS
Total funds
at31
December
2024
Unrestricted
funds
General
Tangible fixed assets
Current assets
Current liabilities
462,342
(390)
462,342
(390)
Total net assets
461,953
461,953
Total funds
at31
December
2023
Unrestricted
funds
General
Tangible fixed assets
Current assets
Current liabilities
215
472,280
(1,856)
215
472,280
{1,856)
Total net assets
470,639
470,639
Page 19