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2024-03-31-accounts

International Cancer Research Partnership (ICRP) Annual Report

Objectives and Activities

Summary of the purposes of the charity as set out in its governing document[2]

To promote and protect the good health of people affected by cancer and the public by promoting collaboration between cancer research funders across the world and by co-ordinating research into the causes, prevention, treatment and cure of all forms of cancer, to maximise the value and benefits of cancer research.

Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts[3]

  1. Provision of a public database of global cancer research projects - classified by research and cancer type - that are funded by the partner organisations, to enable cancer researchers and funders to identify opportunities for collaboration, avoid duplication, and highlight gap areas where further investment is required to enhance research for the benefit of cancer patients and the public.

  2. Enhancing communication between cancer research funders to promote collaboration, share knowledge and maximise resources by avoiding duplicative activities. This is achieved through monthly online meetings for partners, an annual meeting, and provision of resources through the partner website and forum.

  3. Publish regular reports on global cancer research activity, to highlight opportunities to enhance research, for the benefit of partners, patients, policymakers and the wider public.

Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit[4]

The trustees have complied with their duty to have due regard to the commission's public benefit guidance

Achievements and Performance

Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole[5]

  1. Enhancing the database of cancer research

  2. In 2023-24, 7701 new projects were uploaded to the database and updates processed for 25731 projects. A server migration was completed to expand database capacity to enable further uploads. An additional 34,000 projects were coded and prepared for upload in April-May 2024 to enable production of reports on research activity in childhood cancer and survivorship during the

1 Report includes some research activities of the group from 1 April 2023 – 4 September 2023 (e.g. publications).

2 SORP reference Para 1.17

3 SORP reference Para 1.17 and 1.19

4 SORP reference Para 1.18

5 SORP reference Para 1.20

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next reporting period. Enhancements were also made to the database search on the website to improve the user experience.

2. Publications, evaluations and analysis

3. Membership and communications

Quarterly newsletters were published via the website and distributed by email to potential new partners. Funding opportunities from partner organisations were highlighted on the ICRP website and by Twitter/X to attract global applicants. The Irish Cancer Society was welcomed to the partnership and discussions were held with the European Commission on including funded projects that had been coded to research and cancer type as part of the Lancet Commission roadmap for cancer research in Europe in 2022 in the ICRP database. Coding training sessions were held for two partner organisations during the year.

4. Patient engagement

Since setting up patient/advocate engagement workshops in 2021, ICRP has ensured that patient priority areas for research are an integral part of analyses and publications.

5. Annual and virtual meetings

Due to ongoing travel restrictions post-COVID and the challenge of finding an appropriate time for a meeting, it was decided to postpone the annual meeting until 2024. Virtual partner meetings were held monthly (with the exception of August and December) with presentations from partners on topics of interest or collaborative funding opportunities.

6. Organisation, finance & operations

During this period activity focused on registering the ICRP as a CIO in the UK (England & Wales) and appointing additional trustees as requested by the Charity Commission. The process of migrating financial functions to a UK bank was initiated.

Financial Review

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Review of the charity’s financial position at the end of the period Para 1.21 See Fiscal Statement
(Attachment IV)
Statement explaining the policy for holding reserves stating why
they are held
Para 1.22
6 month operational
reserve for winding up
operations
Amount of reserves held Para 1.22 £80K ($100K USD)
Reasons for holding zero reserves Para 1.22 n/a
Details of fund materially in deficit Para 1.24 n/a
Explanation of any uncertainties about the charity continuing as a
going concern
Para 1.23 n/a

Additional information (optional)

The charity’s principal sources of funds (including any fundraising) Membership dues SORP Para 1.47

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document Para 1.25 Association Model Constitution
How is the charity constituted? Para 1.25 Charitable Incorporated Organisation
Trustee selection methods including details of any
constitutional provisions e.g. election to post or
name of any person or body entitled to appoint
one or more trustees
Para 1.25 Skills audit

Reference and Administrative details

Charity name International Cancer Research Partnership
Other name the charity uses n/a
Registered charity number 1204566
Charity’s principal address International House, 10 Churchill Way, Cardiff, CF10 2HE, UK

Names of the charity trustees who manage the charity

Trustee Name Ofice (if any) Dates acted if not
for wholeyear
Name of person (or body) entitled
to appoint trustee(if any)
Iain Frame
KimberlyBadovinac
Katherine McKenzie
Lynn Turner
Richard Stephens
Sarah McDonald Appointed Dec. 2023

Report agreed at the Annual General Meeting (13 May 2024)

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Financial report

September 2023. The fiscal year report (attached) was prepared and audited by the Canadian Partnership Against Cancer, ICRP’s fiscal sponsor. For historical reasons, the account was held in USD. Work is underway to transfer residual funds and banking to the UK for the next financial reporting year 1 April 2024 – 31 March 2025, for reporting in GBP.

Summary

Income USD GBP6 Income
04 Sept 2023 – 31 March 2024
(GBP)
Balance of funds minus foreign exchange losses 121,294 96,811 48,405
Membershipfees 58,500 46,692 23,346
Total 71,751
Expenditure USD GBP Income
04 Sept 2023 – 31 March 2024
(GBP)
Consultingfee,legal &publication costs 52,516 41,916 20,958
Membershipfees 5,805 4,633 2,317
Total 23,274

6 - - USD-GBP conversion using average annual exchange rate (https://www.trade tariff.service.gov.uk/exchange_rates/view/2024 3?type=average)

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International Cancer Research Partners (ICRP) FINANCIAL REPORT for Ihe period of Apn"11. 2023 - March 31. 2024 Chair. Finance Committee Kirnberty Badovinac Host Institution Sponsor Asat ICRP March 31, 2024 Canadian Partnefshi ainst Cancer SOURCES OF FUNDS uso USD Balance of funds as of Jxpril 1. 2023 P•mber8hy Fees FY22f23 re¢eNed in FY23124 P•mber8hip Fees for FY2Y24 otal lunds available for April 1. 2023 Morch 31, 2024 XPEHDITURES INCURRED 202 281.00 31,￿0.00 27.000.C 260.781.00 11 Saknry ond Benefrts al Con$uJb"ng Fee 52,516.11 Subtotal 52,S16.11 21 C￿erat￿n8 al ICRP Ebex & other subscripb'on8 etc. 5.804.99 Subtotal 5,804.99 58,321.10 Total expenditure8 incurred Apr 1, 2023 - Mar 31, 2024 NSPENT BALANCE 202.459. 202.459.90 OTAL BALANCE USD Unrealized foreign exchange losses (Plote 21 otal Ad"usted BalDnce USD Noie 1 73.12 IGNATURE ot 1.. As at Mar¢h 31. 2024. the USD •qubvalMt ofthè $164.$97.72 CLI balance in CPAC'S acco￿1 is $121.4n.12 USD using xchanpe wate ol o.n80. Thi5 difference 15 due to the effect ol ac£wnulated cwrEncylluctuation 5in¢e Au9U5t 1. 2013. the nralizod toreign xchany loss￿ $10.986.78 USD. ote 2.. FY2Y24 membership ke ol USD 8.01)O from Japan Agonryfor R5•arch aTrd D•TMloprnnt Wa5 fo￿l¥•d on Aw . 2024 and w41 be in FY24125 5talEment. I hereby cerufy Ihat the knds re¢2wed and the ￿￿d￿re5 in￿￿0d tr3nsaciÈd on bèh￿￿ ntee. ￿¢j thgt the 5UPFO￿￿ dotyjmenis ole v4loble fur monfvying pwp05es. Jwie Yin. CPA.CGA cc￿trOller, Finance & AdminiBtratK Canadian Partnership against Cancer May 1, 2024 Date