2023
ANNUAL
REPORT &
ACCOUNTS
Friends of
The
ROYAL
MARSDEN
Chelsea
r.)i. ,

'P,.A4*
The Queen's Award
for Voluntary Service
rhe MBE for volunteer groups
21,1
.i.Iia li"
Friends of the Royal Marsden. Chelsea, Committee
From the Top (left to right): Anneke MacThomas, Biffa Bradshaw. Katie Sketchley, Sally Robotham.
lan WiS1iams, Sarah Phipps. Teresa DICK, Jane Munday. Sandra Franklin, Cristiana Araqoni.
Not in the Picture Mel Bowker. Goorglana Fiddian-Green, Saiah Laidlaw and Emily Eban.

ANNUAL REPO
COUNTS 2023
Friends of the Royal Marsden, Chelsea
Friends of
The
ROYAL
MARSDEN
OBJECTIVES
The Objectives of Friends of The Royal Marsden,
Chelsea are:
Chelsea
To supplement the service provided by The Royal
Marsden Hospital, Chelsea, for the health. welfare
and comfort of the patient5
by the provision of
facilitie5. buildinqs and equipment which may be
required for the treatment of such patier)ts, or for
the efficient running of the hospital.
CONTENTS
3. Objecti!:es.-& Public
Benefit
4. Administration:,&,.:
G,p.!.e'rna nce:.
To provide. or to assist in the provision of amenities
in The Royal Marsden Hospital, Chelsea for patients
and staff. including the provision and running of
hospital shops. canteens. libraries, flower services,
the establishment of clubs, health and recreation
centres, hostels and rest and convalescent homes
for the use and benefit of such persons.
6., Achieve.me.n,t,"#.:,&
Performance
11. Fun.d.r.'aising & Even.ts
1,'2:,.¥W,here the mon
PUBLIC BENEFIT
13. Financial,..Summary:.
1.6. Inde,pe.Ddent.A,udi,tar's
,.Report
The activities described in this report benefit The
Royal Marsden Hospital. Chelsea and its patients.
19..5't.atement of FiiP:,:anci;61.
A.E'tivities
The Trustees have paid due regard to the quidance
published by the Charities Commission on public
benefits.
20. Balance Slipet
21. Not.es to t.h,'e Fin.aii,eial

co
NTS
Friends of the Royal Klarsden. Chèlsea
PICTURE- SANDRA FRANKLIN. PRESIDENT
WELCOME
This is the Trustees, Report and Financial Statements
for the year ended 31 December 2023.
st, It is prepared in accordance with the accounting
pol icies set out in Notes to the Accounts and complies
with the Charity's governing document, the Charitie5
¥4 Act 2011 and Accounting and Reporting by Charities:
statement of Recommended Practice applicable to
charities preparing their actounts in accordance with
the Financial Reportlng Standard applicable in the UK
and Republic of Ireland published in October 2019.
PRESIDENT
SANDRA FRANKLIN
HON. PRESIDENTS
ANTOSNETTE PARDO MBE
JUNE TORRANCE
inci
The Royal Marsden, Chelsea
203 Fulham Road. London, SW3 6JJ
HON. SECRETARY
MARIE STACEY
HON. TREASURER
IAN WILLIAMS
Cooper Parry Group Limited
Ai5ella, 46 High Street, Esher
Surrey, KTIO 9QY
CHAIR
CRISTIANA ARAGONI
VICE-CHAIR
SARAH PHIPPS
HSBC Bank plc, Knightsbridqe,102 Brompton Road.
London, SW3 1JJ
TRUSTEES
CRISTIANA ARAGONI
WENDY DE CAPELL BROOKE
SANDRA FRANKLIN
IAN WILLIAMS
ANTOINETTE PARDO MBE
EMMA ROGERS
MARIE STACEY
LINDA WIMBLE
. REGISTERED CHARITY NO: 222613

NU
REP
02
Friend5 of the Royal Marsden, Chelsea
THANK YOU
Over the past year it has been a privileqe to be
Chair of the Friends of the Royal Marsden, Chelsea.
With the amazinq support and the enthusiasm of a
180 strong team of volunteers and the efficient
help of the office we have achieved unparalleled
results.
The Friends help making the Royal Marsden
Chelsea, extra special, and we are proud of it.
The fundraising events on our calendar have been
very successful and have hel ped us, toqether with
our commercial ventures. funding the many
request5 we have received from the hospital. from
elegant furniture to revitalise tired looking waitinfJ
rooms to the latest state of the art medical
equipment to cut waitinq times, waiting lists and
making the patient experience more comfortable.
CRISTIANA ARAGONI, CHAIR
l am proud of all we have achieved together and to share them in more detail with you.
it has been a great 2023 and 2024 already looKs very promising.
would also like to take this opportunity to thank the invaluable 5UPPOrt and very hard work of Sarah
Phipps Vice-chair. who has taken a very active role and is of constant help; and the hard work of our
Committee. who meets 10 times a year to deliberate on hospital requests and is very pro-active in
leading their departments and organise events.
A special thanks to our Trustees, who provide invaluable advice and hold the history that built and the
strength of our charity.
Last, but not least, a passionate thank you to OLbr volunteers who make and ARE the Friends of the
Royal Marsden. Chelsea: your smiles. kindness. commitment. generosity make our charity all that it is.
Your hard work and dedication are praised constantly by patients and hospital staff, you make a real
difference. every day.
Thank you

AN
cc
TS
023
Friends of the Royal Marsden, Chelsea
ACHIEVEMENTS &
PERFORMANCE
Friends of
The
ROYAL
MARSDEN
FORAPPROACHING 90 YEARS THE FRIENDS HAS BEEN
SUPPORTING THE WORK OF THE HOSPITAL NOT ONL Y B Y
FUNDRAISING BUT PERHAPS MORE IMPORTANTL Y, B YPROVIDING
VOLUNTEER ASSISTANCE IN VARIOUS AREAS..
Cholsea
THE SHOP TROLLEY
The Trolley provides
regular and much welcome
service
visiting
wards.
sometimes twice daily, to
provide
the
shop
amenities to
in-patients,
outpatients, their carers, and
busy staff.
The team of14 volunteers headed by Sally
Robotham is always welcomed with friendly and
appreciative smiles and is often a source of Z.
friendly chat and much needed comfort.
The Friends Shop continues to be a real success
story, opening reqularly Monday to Saturday
with a strong and enthusiastit team of over 40
volunteers who dedicate their time and hard i
work to the 5ellinq of essential items, food,,-1
snacks, gift items and hot drinks to patients,
carers, and staff.
Thanks to its refurbishment in 2020 coupled
with the hard work and the enthusiasm of the i
volunteers, the dedication of the Manager Katie
Sketchley, the help of Helen Moran. Linda
Wimble and all the buying team, the shop
continues to grow and to be of service to an
ever-qrowing number of customers.
THE CAFF,
The Friends Café has now fully returned to its
former glory, with china mugs and plates also re-
introduced in 2023. Many new volunteers have
joined an already busy team, now counting over
60 people, and are making daily fresh
sandwiches as well as serving coffees and teas.
The new teams had the opportunity to meet in
November when an evening of nibbles and drinks
was orqanised by the Manager Sarah Laidlaw.
The shop ha5 become a major source of revenue:
totalling with the trolley E147,000 yearly qross
income in 2023 compared to £115,000 in 2022. 1
With a net income of £63.000 it has widened its
ranqe of products, offered a number of healthy
choites
and catering for many dietary
requirements.
The café continues to qrow and in 2023 has
recorded a yearly qross income of £56,000 and
net income of £24,000. The ranges of food sold
are widening with an emphasis in oivino variety
and offering more healthy choices- including f ruit
pots. granolas, and rice cakes as well as hot
SOUP5
and pastie5,
dèlicious
takes.
and
sandwiches. And always trying to off er very qood
value for money to be of benefit to patients and
staff aliKe.

FiriÈends of4thè,R.O￿]
Friends of
The
ROYAL
MARSDEN
and the plenter:g'.aroun'd-;
p.ital are re,l?niti'@ssly.-It}ok'ed aft'er'by, our
eaded,,
,otiF-:T,rustee,' tylarie Stacey-. Th*,,
gr,eat* sourte (i!...:wqllbejng, wé
,are. 40 proud f or all..the hard work'.tliè'team puts.
in'and It. is app.reclated all around,..
Chelsea
FrieD.&'
? ¥oly.nteers. now.headèd kyi
a'c"T.'kLthas proviti¢ Eh¥,l-.
.ii.ice'b-t*eèPiri9
the pali¢h't&
wr5 in.'tlie
uspital'.:Ward&'
fresh. and'ifiJith
,-dw.at'èr.
The. 511K I!.
are chan
easonal.ly by
fundè'd th'e*urc
-briq ht..
TEA TROLLEY IN MDU
Headed by Suzanna Magill, the team can count
on 8 volunteers who serve tea and coffee in
the Medical Day Unit with daily runs. This
service is free of charqo and all the drinks and
biscuits offered are proudly sponsored by the
Friends. This service is something patients
really look forward to when they attend their
chemotherapy.

POR
Friends of the Royal Marsden. Chelsea
WARD ASSISTANCE
Friends of
The
ROYAL
MARSDEN
Tne ¢ory¢pas5ion' èn'¢ as5i$tance that our team
oftéis at the','lie.dside.,to pati
ruly 5pe¢ial
and neve:r.go,es uno9ticed by.--6taff:, and Garpi,
This is an area wllèf
tho,.'Fri.ènd9.I￿ÉlIP andTh7ra're
can, reallV.',irriakek.a
¢ieot's 4a,v., more begr.,4b,!e
with:a:hidher.level'LiI'.comfprty.'.:,iLv'havp a team
of'ltholunteETrrsyilO r,p¢ularly vtsit14order.ward.
Chelsea
MEET & GREET
This knowledgeable team composed of 24
volunteers, coordinated by Sarah Phipps, dally
help visitors navigate the hospital at both
Wallace Wing and Main Reception. The team
providing a friendly
welcome
whether
directing or accompanying patients where
necessary.
In 2023 we said Goodbye to our retiring Vice-
Chair and long standinq volunteer
Susie Blackwood.
ADMINISTRATIVE SUPPORT IN CCU
&MDU
In 2023 the Friends and in particular, Choppv
Car,ter..hatr'* .been' able to,p.rovid&: administ[rftkVe.
oal,p.', at, times
.0. n.tr.ibution m
al.1, the,
.t.É¥rencè to staff and;
BOOKS & MAGAZINES
We have a book stand in Outpatients and since
May 2023 we have restarted the dlstribution
of maqazines donated monthly by Conde Nast.
The books are all second-hand and are sorted
by Mercel Ball. who also organises booK-sales
on a reqular basi5. These sales have provided a
qreat Source of extra income for the Friends
and in 2023 have totalled nearly £2000.

Friends ol the Royal Marsden. Chelsea
Friends of
The
ROYAL
MARSDEN
COFFEE MACHINES
The Friends 5UPPOrt three coffee machine5 for
patients
visitinq R DAC,
Radiotherapy
and
Cyberknife and provide much comfort in areas
where a cup of tea, a coffee or a hot chocolate can
oo a lono way when waiting to be called for an
appointment. In 2023 we have seen an increase in
the use of our machines. due to a hiqher level of
visitors and appointments and we are proud to be
able to support this service to patients.
Chelsea
COLLECTION TINS
We have a number of tin5 located all around
the hospital. they are also provided with a QR
code for those who no longer like to carry
cash. They provide a good source of income
to offset the costs of the many services we
support, Roger Robotham has been regularly
committing his time to visit the Royal
Marsden and doing all the counting of the tins
and we are hugely grateful for his helps,
which has been constant over the years.
THE PIANO,
THE ARTS FORUM
& THE AQUARIUMS
HANDCRAFTING: SEWING &
KNITTING
,.We...are".proud' to have 4 team of 7 pianists,.,
oordinated by our Hon. President June Tarran¢e.'
Thei¢ reoularly pla,y the St
piario'..at thé base,
of the Reqency, staircase. creating a, soothing,
atmospher'e as
-.ents and family arrive at Roy41:
Marsden, Ch'els
Thére have been many special,.
momen*s-Shared bY,the R. éricy,,stai[case' whergi
the 4ound echoeslhrough tli¢ corri¢ors.
Our Cafe, volunteer, Ruth Coles is a
busy sewino syringé driv
ags for patien,ts
thank5 to réoular donations of fab,ric, These
are then distributed to patient5.
Mercel Ball, volunteering in the,$
also looKirig after boo1is.and flo
;.waS'also
busy in,'202-3..knitting Cht,istmas and,.:: .
Halloween th@med outfits for our Teddies:in
the"Shop' as .well' as Chicks'.dwring EisJtb#:;
Arts 'Forurri-. to siiFSPO'rt the. ,acquisition,.. -and
mai ntenance of art on digp,lay., art projects for staff,
music . ¥essions 'in wards,. "a numbèr,, of concerts
taKinq ,placf:..1s,Ih,p chèpel, a choir pp:en to staff and
volunteer4., a,f¥6.':art packs. whi.ch-B,r.1',4istributed irt
i%ar,ds and so gr.,qtpfJ
'tei.veO;
ThanK.you Buth.and:I'
your wonderf ul SKI
contribution
ekcel for your time,
il IvÉry oenero4S.. .
tb.#.'Aqu.ariuffi* In-. O'utp.atients.'ond , Radi6therap¥.
hJ&h:...were do,nated to tha.Rb¥al. Marsden over a

NU
REP
20
Friends ol the Royal Marsden, Chelsea
Friends of
The
ROYAL
MARSDEN
RECRUITMENT
he heart.. of the FrlPlI'&s.:
campjiqn.: ht-'
el.,P6wKor, who has
erttTrrinously' ￿71th thè
r,ecruitment and procwiing
Yunteerl.
Chelsea
VOLUNTEEERS
A Team of178 active voluntetsrs wh-o in 2023
have dèdicA.tèd qround --3:'6,.000:.
servlf è to the F,rlend.g of the
.s-èt:. ' up,
Voices Forum, a firs
'.withln Ihi4 AN'_s,'which.ig:'
open to.all voluntéering .groUps￿￿th1ri the,.
hospital, to ,SLsbmit . .fÉodbacK¥i*that, will
improve the patiénts, experiencp.
Anadca
,Sprino -2'.Ci
.qs-rurJ in
h-'proii.ed.
rÈsulted-in the recruitment
of 30 moré volunteers just
in the18St 6 ffionlhll:
an absolu.te gem, wqrhinri tirelessly to
rnake, th8
e¢ruitmenty,, p., rocèss ve'r:¥ p"fficiènt. By the
ond of 202.
we-had ned,rly180 active-tiolunteers.
nteers ¢.
responsibility, td.'.bè fu
tr3ined an
up to datÈ*wAI ty, all the"Le.arnirtg,
and e-learnin9,. modltj
4bq,uired' b 'the
Trust. This also enables thqrti. to.
aware of w,lat is expected of..ti]bro,i.-,.:
Situations twlipn d'Éi?I,I'ng
errterqencios,.
care for those in .ne.ed-. and confi'dènjl
',The Friends hay.e,a hi9fri.:"levo,l of compl
an
e ar.e pr.oud- 'oft this,. result.
small effort.
SECRETARIAL SUPPORT
MEMBERSHIP
Camilla Callander and Carolirse Syms have been a
By the end of 2023. The Friends of The Royal
formidable team in 2023 and have manaoed tirelessly
Marsden, Chelsea had 290 fully subscribed the rotas of the shop and the café as well a5 all the
members. of which178 were active volunteer5, 11
off ice day to day administration. They are the only paid
Younq Friends and101 non-volunteers members.
members of our charity and provide u5 Wlth excellent
and vital support. We are very grateful for all they do
and for their professionalism and enthusiasm.

PORT & AC
Friends of the Royal Mar5den. Chelsèa
UN
Friends of
OUR FINANCE SUPPORT TEAM
TREASURER & BOOI( KFFPFR
The
ROYAL
MARSDEN
.lan
,iN,,iLliams,
Tre4sQrer,
ioineEi
Chelsea
MARKETING/ PR
a.Iwa,g:9"
.eyè':' on,. rfo",
The Friends manq9e: all our.
w.e,b platforms, whilii hel
qs.:well as cal;culati-nfi.'event: reven ues. We
alsTr.5e,11. Christmas cèids.online as.'..well as
p,rovidiDq a linb,:to,.all irnpo jtant inf ormation
out the F'rien'ds of tli<':Ro
Chelsea.
a our
.f i nanci
safegusr.di
as ' w&ll
ts i nterests.
Witli:,'thè jelp ot Teresa Ditk, our boakKeeper,-théy
that. ail o'ur records are mai.Ulajried iry gi)od':cirdef: T
Friends of -. the ,Royal -'Mafsden, Chelsea is . a.r,.
reqistérèd chapity'.fully audi,ted'ÈvéTr.v.'yèar.
in. 20.23 the link to our Grqnt.-sèhemp,:.yas
added: so that Hospltal requ.
.could be sent using a set application fo.rm
through oyr site.
COMMITTEE
BRANDED GIFTS
The
committee
members
are
Key
members of the Charity because of their
higher level of involvement, heading a
department and organising events.
',WÈ have produced a number ,o.f brandè,d,,'
items dv,è,t,,tbe _years, and they a,,re.'.all:
irici
-IPopular' wish.. Kiisitors .atsfy,':41a.ft:,
e. tote b
' china muqy; p.ios,' lie
al.l so'ld in the F.riends' shop.
re
They
attend
regular
meetings
evaluate and approve hospital requests
for funding.
Their role is extremely
important to the Charity.

'.PJéhVs.'DTlbp Roy4lsM&r.s¢ron. Chelsde
y V
FUNDRAISING FOR THE FRIENDS
Cycling in Scotland
',Cycling jn-Ècotland fropi..19:
ctober 21023,
Dunran Ross cycled from Land5 End to John O'Gr,Oats.
to the
*":'Orkriey-151and5,.-. He r-ai?¥d-E695 for tIlR'.Ptie
,dg o,f thRI
MarsiSe,n, Chels,
'I,.a.iTrtycling this jovrne:ii,::'
them from tbei bottdiil'b't my.:
. fthF,alth worl(
SUPPORTING EVENTS
e a Life -.7,th December
oluntéers braved the elements outside the front of the
CtygtitV4celebr@ting 25 year>:
$h@ Friends of.fhe. R{s8.I,,Marsden, Chelse
,.Th'anding ' tiut the order:.. bf -: servicè-. arid averseeinq. the
Christmas Gifts and
ristmas Dayj..
mè.t ear,li4r. i,n the'.tnohth. to pack up th
ICR èdd
were
'fj.,es:tiQé Qoodie baq jin'th
Saralh Èi,hipps haridad. tFuI qver
'resldential on Chri5lmas Jp.-orn j.
Fut.ure E'vents;
for 20,2.4,
National,Ilolunteer.5,Wp.ek*Weeh-'.qft,8rO Junp
Bridgo Event. Week of 24th No
,.CarDilé by Candl'eliightThednésd,'
thP.o¢ember:.,
.Celébiate a Life - in coTiaboration:wiib'::tl-e Royal. Marsd'èn,,.
Cancer CJ: arity

cco
NTS
Friend5 01 thè Royal Marsden, Chelsèa
FINANCIAL SUMMARY
In 2023, the gross income of the Friends of The Royal Marsden, Chelsea IFORMC)
increased by 68%, with the net income increasing by1050/. from £81,298 to £166,140. The
main drivers of this improvement were as follows (all in £1:
ACTIVITIES
Legacie5
£211,250
£13.352
Shop & Shop Trolley
Turnover
Net Profit
£147,229
£ 63.699
£115,310
£ 53.228
Café
Turnover
Net Prof it
£ 56, 043
£ 24.084
£ 19,833
£ 2.760
Income from subscriptions and donations was 12/0 higher in 2023. £76.671 against
£68,448 in 2022.
Fundraising events raised £42,672 in 2023 aoainst £71,284 in 2022. The difference is
principally attributable to the absence of a Summer Drinks Party in 2023.
As set out in the table on page 14, FORMC provided amenities and equipment worth
£229 486 in 2023 against £110,473 in 2022. In addition, FORMC had committed. as at
31st December 2023. to provide additional equipment and amenities worth £51,729.
We received three legacies in 2023, one for £36.250, another for £150.000 and a third for
£25,000.

AL
POR
AC
Fri?nds ot the Royal Marsden. Chelsea
WHERE THE MONEY GOES
Ward
Clinical Serviies
Cancer Services -
Dentistry
ccu
ccu
Day Surgery
Dr Popat
Gynea Sur9ery
£6,518.00
£2,855.00
£5,397.00
£47.814.00
Abbott i-¥fAT Ajinlty System
Drufomal
Hoist
14 Avento reclining chair
Post-op reclining chair5 x 2 for
patient bed area5
Research Salary (Lungl
RUMI Mley
Fine needle surgical
instruments
Happiness Projeci
25 Hybrid mattresses
Torche5
19 Chairs lor the waiting area
12 Sllk orchids
Dual funttion microscope
20 Wheelchairs
Training module for total
laryngectomy
.In 2023 FORMCI,, Friends of
rsdèn,.'CtY,o15ea.I ,
F na.￿è".,r
£2,506.00
£7.539.00
£10.688.00
sden:H6spit'31,',
Head and Neck
Horder
Hospital Wards
Hospltal Wards
Imaging
MDU
Microblology
Portering
Practise
Educatlon
Radiotherapy
£1,488.00
E3.654.00
£5.961.00
£383.00
£10.477.00
£1,196.00
£27.237.00
£14.558.00
£1.086.00
The top tgtyl& to the left is
all equlpmeny," and .1
servicé5."f u'nde-d 'and "it. has
. m,,piled to show the
different.,
pirtrrienti
' qrqnts-,
Ih'pen able t¢,,'reèch.:
Venezia Interstitial lunar ovoid
4pplicators
£59.341.00
Total Involced In 2023
208.698.00
CA)mmitrnents
jeip.end itures
incurred. to . Lun.d-, the
23
£6.000,00
£766.00
£663.00
£660.00
£880.00
£8,240.00
£216.00
£2.404.00
£427.00
£108.00
É144.00
£280.00
Art5 Forum contribution
Aromatherapy Oils Complementary Therapies
presents to Patlents
Birthdaylgreetln9 cards for pètients
Christmas presents and gifts for patients and staff
Coffee Machines In RDAC, Cyberknife hnd Radlolherapy
Fresh Flowers
Garden planting, maintanance and irrlgation system
Medical Day Unit Tea Trolley
Piano tuning
CushionslRefurbishment5
Other expense5, including
i-ril.fer,.
Y'BY, 31/12/2023 FORMC'.h-,a.
¢oinrrijtted a furthèr._:..
Total actlvities in 2023
£20,788.00
Total expenditures 2023
£229,486.00

20
Friènd5 of the Royal M8r5den. Che15tr
Financial Position at the Year End
FORMC continues to remain in a stronq f inancial position at the year-end with a 19 /0 increase in
Accumulated Funds from £873,190 at 31st December 2022 to £1,039.330 at 31st December
2023.
Charitable spend increased to £229,486. more than double the previou5 year. Cash and deposits
at year end are £934,000, a 4% increase from £895,000 at 31st December 2022. This strong
cash position will help to ensure that the Friends continue to fulfil the objects of the Charity as
stated on paqe 3.
Reserves Policy
Generally, the Restricted and Unrestricted fund5 of FORMC are available to be spent as the
Trustees and Committee decide, the only exceptions beinq as follows:
Restricted funds - the funds provided by the Campbell-Paterson Will Trust must be spent on
purchases of medical equipment.
After takinq the above into account, FORMC does not formally hold any reserves. However, it
does aim to maintain a level of funds at a minimum of E250.000. The Trustees believe that this
will enable the Charity to meet its responsibilitie5 and to ensure that it continues to operate on a
'Going Concern, basi5.
structure, Governance and Management
FORMC is governed by the Objects and Rules a5 amended and altered by the members of FORMC
at the Extraordinary General Meeting on 29th November 2007 and effective from 1st January
2008
-The Objects and Rules have been amended and re-registered by the Charities Commission on the
6th November 2015. Trustees are nominated by the Committee of FORMC and shall comprise the
President of FORMC and a minimum of three members nominated by the Comrnittee for
appointment at the Annual General Meeting. The trustee5 have delegated the conduct and
management of the affairs of FORMC to the Committee in accordance with the Objects and Rules.
Remuneration to Charity Trustees
FORMC paid no remuneration or other benefits in kind to a Charity trustee.
Relationships with other Charities
The Royal Marsden NHS Foundation Trust has its own fundraisinq charity which concentrates on
major capital projects and the support of research funds. The trustees of FORMC consider that the
income (Jeneratinq activitie5 of their charity, as operated by the dedication of its volunteers. in
providing highly visible services, are complementary to the work of the main hospital charity.
A significant number of volunteers are recruited from former patlents and their families and
friends. FORMC meets from time to time with the Friends of other larqe London hospitals to
discuss matters of common interest and to share ideas for providing services and f undraisinq.

ANNUAL R
PORT & AC
UNTS
023
Friends of the Royal Mar5den. Chelsea
Trustees Responsibilities in Relation to the Financial Statements
The trustees are responsible for preparing the Trustees Annual Report and the Financial Statements
in accordance with applicable law and United Kingdom Accounting Standards (UK Generally
Accepted Accounting Practice).
The law applicable to charitie5 in Enqland and Wales require5 the trustees to prepare Financial
statements for each f inancial year which qives a true and fair view of the situation 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 con5iStently.
.Observe the methods and principles in the Charities SORP 2019 {FRS 1021
.MaKejudgements 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
.Prepare the Financial Statements on the qoing concern basis unless it is inappropriate to
presume that the Charity will continue in operation.
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 Trust deed. They are also responsible for safeguarding
the assets of the Charity and hence for taking reasonable steps for the prevention and detection of
f raud and other irregularities.
The trustees are responsible for the maintenance and integrity of the Charity and financial
information includèd on the Charity's website. Legislation in the United Kingdom governing the
preparation and dissemination of Financial Statements may differ from legislation in other
jurisdictions
Auditors
The audit business of Haines Watts Kingston LLP was acquired by Cooper Parry Group Limited on
14th November 2023. Haines Watts Kinqston LLP has resigned as auditors and Cooper Parry Group
Limited has been appointed in its place,
Cristiana Aragoni, Chair
On behalf of the Trustees
28th May 2024
lan William5, Hon. Treasurer
On behalh of the Trustees
28th May 2024

FRIENDS OF THE ROYAL MARSDEN CHELSEA
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF FRIENDS OF THE ROYAL MARSDEN
CHELSEA
Opinlon
We have audited the financial slalements ol Friends of the Royal Marsd8n Chalsea Ilhe 'charity'l for the year
ended 31 December 2023 which comprise the Statement of Financial Activities, the Balance sheet and thè
relaled notes, including a sumrnary of significant accounting policies. Tha finaneial reporting framework that has
been applied in their preparation is applicable law and United Kingdom Accounting Skndards, including
Finan¢ial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland. (United Kin9dom Generally Accepted Accounting Practice).
In our opinion the financi81 statements".
give a true and lair view of the slate of the charitable Company's affairs as at 31 December 2023 and ol its
incoming resources and application of resources. including ils income and expenditure for Ihe year then
ended.,
have been property prepared in accordance witti United Kingdom Generally Accepted Accounting
Pracli¢e,' and
have been prepared in accordance with the requirem8nls of the Charities Act 2011.
Basi5 for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and aPpI￿able
law. Our responsibilitEs under those standards are further described in the Auditors, responsibilities for the audit
of the financial statements section of our report. We are independent of the charitable company in accordance
with the ethical requirements that are relevant lo our audit of the linanclal statements in the United Kingdom,
induding th8 Financial Reporting Council's Eth￿al Standar(I, and we have fulfilled our otheT èthical
responsibilities in accordance with these requirements. We believe that the audit avidence we have obtained is
suffieient and appropriate to provide a basis for our opinion.
Concluslons relating to golng concem
We have nothin9 to report in respect of the following matters in relat￿n to wh￿h the ISAS IUKI require us lo
report lo you where..
the TfUStees' use of the going concern basis of accounting in preparation of the fin￿¢la1 statements is not
appropriate., or
the TTUStees have not drsclosed in th8 financial slalements any idents.fpd material uncertainties that may
cast significant doubl about the charity's ability lo continue lo adopt the going Goncern basis of accounting for
a period ol at least iwelve months from the date when the financial slalemenls are authorised for Issue.
Our responsibilities and the responsibilities of the T￿￿teeS with respect to going concern are described in the
relevant Sections of this reporL
Page 1

FRIENDS OF THE ROYAL MARSDEN CHELSEA
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF FRIENDS OF THE ROYAL MARSDEN
CHELSEA {CONTINUEDI
Other inforniation
The Trustees are responsible lor th• other information. The olh8r information Comprises the information intluded
in the Trustees annual report, but does rK)I Include the linancral statements and our Report of the Auditor5
thereon.
Our opinion on the financial statements does not cover the other information and, except lo the extent othe￿iSe
explicit￿ stated in our report. we do not express any form of assurance conclusion Ihereon.
In connection with our audit of the finan¢ial slalements, our responsibility is to read the other information and, in
doing so, Consider whether the other information is materially inwnsistent with the financial slalements or our
Knowledge obtained in the audit or otherwise appears lo bè materialty misstated. 11 we identify such material
inconsistencies or apparent material misstatements, we are required lo determine whether this gives rise lo a
material missla18meTrl in the financial slalaments themselve5. If, based on the work we have performed. we
conclude that there is a material mi5Statement of this other information, we are iequired to report that lact We
have nothing to report In this regard.
Mattors on whlch w• ar¢ requirèd to roport by ox¢option
We have nothing lo report in respect of the following matters where the Chorities {Accounls and Reports)
Regulations 2008 requires us lo report lo you rf, in our opinion..
the information given in the Trustees, report is inconsistent in any material ￿SPect with the financial
statements.. or
sufficient accounting records have not been kept., or
the financial statements are not in agreement wilm the accounting records and ￿tUrns., or
we have not receNed all the information and explanations we require for our audit.
Responslbilitles of Irustefrs
As explained more ful￿ in the Trustees, responsibilities statement. the Trustees (who are also the directors of the
charitable company lor the purposes of company lawl are responsible lor the preparation ol the financial
stal8ments and for being satisfi8d that they give a true and fair viw. and for such internal control as the
Trustees dètemiine is necessary lo enable the preparation of financial statements that ar& free from material
misslalement, whether due lo fraud or etror.
In preparing the financial statements, the Trustees are responsiblè for assessing the charitable company's ability
lo continue a5 a going Goncein. disclosing, as applicable. matters rèlaled to going concern and using the going
concem basis of accounting unless the Trustees either intend ItJ liquidate the charitable company or to cease
operations, or have no realistic alternativè but lo do so.
Page 2

FRIENDS OF THE ROYAL MARSDEN CHELSEA
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF FRIENDS OF THE ROYAL MARSDEN
CHELSEA ICONTINUEDI
Audltors. rèsponsibilities lor the audlt of the financial statements
W8 have been appointèd as auditor under séction 145 01 the Charities Act 2011 and report in accordancè with
the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial slalements as a whole are free
from material misstatement, whether due lo fraud or error, and lo issue an Auditor5, report that includes our
opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in
accordance with ISAS {UKI will always delecl a malerial misslalernent when it exists. Misstalernenls Gan arise
from fraud or error and are considered matèrial rf. individually or in the aggrègate, they could reasonably be
expect•d to influence the economic decisions ol useis taken on the basis of these linancial statements.
Irrègularities, including fraud. are instances of nonvcompliance with laws and regulations. We design procedures
in line with our responsibilities. outlined above, to detect material misstat8menls in respect of Irregularities,
inclLJding fraud. The extent lo which our procedures are capable of dètecting irregularities, including fraud is
detailed below..
We gained an understanding of the legal and regulatory framework applicable to the charity and the Industry in
which il operates, and considered the risk of acts by the charity that were contrary lo appliable laws and
regulations, including fraud. We discussed with the Treasurer the policies and procedures in place regarding
compliance with laws and regulations. We discussed amongst the aL￿1t team the indentified law5 and
regulations, and remained alert lo any indication$ of non-compliance.
During the audit we focused on laws and regulations which Gould reasonably bè expected to give rise to
malerial misstatement in the financial ststements, including. bul not limited to, the Charities Act 2011 and UK lax
legislaliors. Our tests includeiy agreeing the financial 5talemenl disclosures to underlying supporting
documentation and enquiries with management.
Our procedures in relation lo fraud included but were not limited to.. inquires ol management whether they have
any knowledge of any actual, suspected or alle9ed fraud, and discussions amongst the audit team regarding risk
ol fraud such as opporturiities for frauaulenl manipulation of financial ststements. We determined that the
principal risks related lo posting manual journal entries to manipulate financial performance and management
bias through judgements in accounting eslimales. We also addressed the risk of management override of
internal controls, including lesling journals and evaluating wh8lher there was evldence of bias by the Trustees
thal represented a risk of matèrial misslalement due lo fraud.
Because of the inherent limitations of an audit, Iheie is a risk that we will not dèlecl all irregularities, including
those leading lo a material misstalemenl in the finanGial slatemgnts or non-compliance wlh ragulation. This risk
increasas thè more that compliance with a law or regulation is removed from the events and transactions
r8flected in the financial statemanls, as we will be less likely lo bècome aware of instance5 of non-compliance.
The risk is also greater regarding irregularities OCCLJrring due to fraud rath8f than error, as fraud involves
intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilib.es lor the audrt of the financial statemen15 is located on the Financial
Reporting Council's website at.. www.frc.
-uk1 ditorsres
nsibililies. This dascripts'on forms part of our
Auditors, report
Page 3

FRIENDS OF THE ROYAL MARSDEN CHELSEA
INDEPENDENT AUDrroRS' REPORT TO THE MEMBERS OF FRIENDS OF THE ROYAL MARSDEN
CHELSEA {CONTINUED}
Use of our report
This report is made solely lo the charity's Trustees, as a body, in accordance with Part 4 of the Charities
IAccounls and Reportsl Regulations 2008. Our audit work has been undertaken so that we might sta18 to the
charity's Trustees those matters we are required lo stale to them in an Auditors, report and for no other purpose.
To the fvllesl exlenl permitted by law, we do not accept or assume responsibility lo anyone Dther than the
charitys Trustees, as a body, for our audrt work, for this report, or for the opinions we have formed.
Jane Wills FCA MA l$8nior Ststutory Auditorl
for and on behalf of Cooper Parry Group Limited
sktulory Auditor
3rd Floor Aissela
46 High Street
Esher, Surrey
KT10 9QY
Date..
Cooper Parry Group Limited are eligible to act as auditors in terms of sectlon 1212 of the Companies Act 2006.
Page 4

FRIENDS OF THE ROYAL MARSDEN CHELSEA
STATEMENT OF FINANCIAL ACTIVITIES IINCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 DECEMBER 2023
Re$trieled Unrestriet•d
fund$
funds
2023
2023
Total
funds
2023
Total
funds
2OZ2
Note
INCOME FROM
Donations and legacies
Charitable activities
Investments
28,946
287,921
249,144
4.431
316,867
249,144
6,505
116,179
223,525
1,589
2,074
TOTAL INCOME and ENDOWMENTS
31.020
541,496
572,516
341.293
EXPENDITURE ON
Raising funds
Charitable activities
Governance Costs
7,000
163,8461
159,790
293,332
10,100
166,790
229,486
10,100
143,422
110,473
6,100
TOTAL RESOURCES EXPENDED
156,8461
463,222
406,376
259,995
Net income before net galns on
invostments
87.866
78,274
166.140
81.298
NET NIOVEMENT IN FUNDS
87,866
78.274
1 66.140
81.298
RECONCILIATION OF FUNDS
TOTAL FUNDS BROUGHT
FORWARD
NET MOVEMENT IN FUNDS
75.935
87.866
797.255
78.274
873,190
166.140
791.892
81.298
TOTAL FUNDS CARRIED FORWARD
163,801
875,529
1,039,330
873,190
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 7 10 19 form part of these financial statements.
Page 5

FRIENDS OF THE ROYAL MARSDEN CHELSEA
BALANCE SHEET
AS AT 31 DECEMBER 2023
Restricled Unrgstrlctod
Funds
Funds Total Funds Total Funds
2023
2023
2022
2023
Note
FIXED ASSETS
Tangible Fixed Assets
23,818
23,818
28,744
23.818
23.818
28,744
CURRENT ASSETS
Stocks
10.200
214,407
337,106
478,342
10.200
259,840
349,517
584,299
10,088
29,205
344,577
550,013
Debtors and Prepayments
Short Term Deposits
Cash al Bank and in hand
45,433
12,411
105,957
163.801
1,040,055
1,203,856
933,883
Creditors.. amounts falling due within
one year
10
1188,344)
1188.344}
{89.4371
NET ASSETS
163,801
875.529
1,039,330
873,190
REPRESENTED BY:
Reslricled and Unrestricted Funds
163.801
875,529
1,039,330
873,19)
ACCUMULATED FUNDS
163.801
875,529
1,039,330
873,190
The notes on pages 7 10 19 form part of these financial statements.
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by..
lan Williams
Honorary Treasurer & Trustee
Date. 2810512024
Cristiana Aragoni
Chair & Trustee
Date.. 2810512024
Page 6

FRIENDS OF THE ROYAL MARSDEN CHELSEA
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accountlng pollclas
1.1 Basls of prgparatioii
Friends of The Royal Marsden, Chelsea is an unincorporated Charity registered in England. The
address of the registèred office is given in the Charity Information on page 4 of Ihase Financial
Statements.
The Charity conslilules a putlic benefit entty as deflned by FRS 102.
The Financial Staternents have been prepared in accordance with Accounting and Reporting by
Charities.. Slalgmenl of Recommended Practice applicable lo charities pieparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
issued in Octobei 2019, Financial Reporting Standard applicable in the United Kingdom and
Republ￿ of Ireland IFRS 1021, the Charities AGI 2011, and UK Generally Accepted Acwunling
Pra¢tice.
Th8 Financial Statements are prepared on a going concern basis under the historiGal cost
convention, modified to include certain iterns at fair value. The Financlal Statements are presented in
sterling which is the functional currency ol the Charity and rounded lo the nearest £.
The significant accounting policies applied in the preparation of thesè Financial Ststements are Set
out below. Thése policies have been consistgnlly applied to all years presented unless othe￿iSe
stated.
1.2 Fund A¢countlng
Unrestricted Funds are funds that are available for use at the discretion of thè Trusteès to advance
the general objeclNes of the Chaiity and Ihal have not been designated for other puiposes.
There L8 one Restrictèd Fund, the WL Campbell-Pal6rson Will Trust, under which the FRMC is
required lo use all incom8 from the Trust to provide medical equipment lo The Royal M8rsd8n NHS
Foundation Tru51.
Page 7

FRIENDS OF THE ROYAL MAR3DEN CHELSEA
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accguntlng policies Icontinuedl
1.3 A¢¢ountlng Polkit$
INCOMING RESOURCES..
All incoming resources are included in the Statement of Financial Activitl8s when FORMC is 8ntsded
lo the incorne and the amount can be measured with sufficient reliability. Legacies are included when
the Friends are advised by the peisonal representstive of an eslale that payment wll be M￿e, or
property transferred and the amount involved can be quantrfied.
Where incoming resources have related expenditure, as with fundraising, the incoming resources
and related expenditure are reported gross in the Stalemenl of Financial Activikn"es.
Donation5 are only included in the Statement of Financial Activities when the Charity has
unconditional ent￿ement to the resources_
Incoming resovrce5 from tsx reclaims are incIL￿ed in th8 Statement of Financlal Aclivilies at the
same lime as the gift to wh￿h they relate.
Donated Services and facilities aw only Included in incoming resources, with an equivalent amount in
resources expended. where the benefit to the Charity is reasonably quantifiable, measurable and
material.
The value placed on these reSoUr￿S is the estimated value to the Charty of the service or facility
received. The value of any voluntary help received is not included in the accounts bul is described in
the Truste8s' Annual Report. Investment inGome is included in the accounts whon re¢eivaLIe.
RESOURCES EXPENDED,.
All expèndilura is accounted for on an accrual basis and included under 8xpense categories that
aggregate costs for allocation to activities. whe￿ costs cannot be directly attributed lo parhcular
aclivilies, they have been allocated on a basi5 consi51ent with the use of the resources.
VALUE ADDED TAX..
Income and Expenditure are shown net of recoverable VAT.
ASSETS.
Tangible fixed asset5 are r3pilalised if théy can ba uséd for more than one year and cost more than
£500. They are staled al c051 less depr8cialion. Depreciation 15 providèd al lates calculated to write
off the cost of lixed assets. less th8ir estsmaled resldual value. over their expected useful lives on the
following basis".
Café OqUiPTnant- 25°h straight line over four years-,
Café refurbishment and Shop refurbishment- 10°h straight line over ten year5.
stocks are valued at the lower of cost or market value.
FINANCIAL INSTRUMENTS..
Financial assets and financial Ik4bililies are recognised in the balance sheet when Ihe charity
bècomes a party to the contractual provisions ol the in51rumÈnl. Trade and other debtors and
creditors are classified as basic financial instruments and measured al initial recognition al
transaction price. Cash and cash equivalents are classified a5 basic financial in51iuments and
omprise cash in hand and al bank. Financial liabilities are classified in acGordanGe with the
substsnce of the contractual arrangements enterèd into and the definitions of a financial liability.
Page B

FRIENDS OF THE ROYAL MARSDEN CHELSEA
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
A¢countlng pollcies leontinu•d}
1J Accounting Policies {Mntinuedl
GRANT INCOME:
Grant iricome is recognised under the accrual model of Financial Reporting Standard 102. Grant
income is recoynised in the profi't and Ios5 account on a systematic basis over the period in which the
charity recognises the related costs for which the grant is intended lo compensate.
GOING CONCERN
The financial statements have been prepared on a going concern basis.
The Trustees hav
reviewed and considered the consequences of Covid-19 and other events and condilions, and have
determined that they do not create a material uncertainly that casts significant doubt upon the enlittys
ability to continue as a going concem.
OPERATING LEASE AGREEMENTS..
Rentals payable undèr operatin9 leases are charged against incorne on a strai9hl line basis ovar the
term of the lease.
PENSION COSTS..
The charity provides the staff with the benefi'l of a defined contsibulion pension which is paid into
either the charity pension schemè or a scheme of their choi¢e. The scheme is managed. and their
assets are held, tjy independent managers. The pension ¢harge represents Contributions due from
the charity and amounted to £163 12022.. £1621. Contributions payable to the charity's pension
scheme are charged in the period trj which they relate.
Page 9

FRIENDS OF THE ROYAL MARSDEN CHELSEA
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
INCOME FROM DONATIONS AND LEGACIES
Rèstri¢tÈd Unreytrfcted
funds
funds
2023
2023
Total
fund5
2023
Donations
Legacies
WL Campbell-Patarson Will Trust
Subscriptions
52,874
211.250
52,874
211.250
28,946
23,797
28,946
23,797
TOTAL DONATIONS AND LEGACIES
28,946
287,921
316,867
Restrictsd Unrestricted
funds
funds
2022
2022
Total
funds
2022
44,789
13,352
34.379
23,659
Donations
Legacies
WL CampbelkPaterson Will Trust
Subscriptions
44.789
13,352
34,379
23,659
TOTAL DONATIONS AND LEGACIES
34.379
81,800
116,179
INCOME FROM CHARITABLE ACTNITIES
Unrestricted
funds
2023
Total
funds
2023
Friends Shop & Trolley
Friends Café
Young Friends Event
Christmas Cards
Summer Drinks Party
Piano Recotal
Bridge Evening
Carol Concert
Easyfundraising
MIS￿lIaneOuS
Quiz
Sponsorship
147.229
56,043
6,014
1,3g8
147,229
56,043
6.014
1.3
17.152
16.242
17
1,787
3.264
17,152
16,242
17
1.787
3,264
TOTAL INCOME FROM CHARITABLE AGTIVITIES
249, 144
249.144
Page 10

FRIENDS OF THE ROYAL MARSOEN CHELSEA
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
INCOME FROM CHARITABLE ACTIVITIES Icontinuedl
Unrestrf¢ted
funds
2022
Total
funds
2022
Friends Shop & Trolley
Friends Café
Young Friends Event
Christmas Cards
Summer Drinks Party
Piano Recital
Bridge Evening
Carol Concert
Easyfundraising
Sponsorship
115.310
19,833
5,855
10
36,851
25
12,240
16.608
45
115.310
19,833
5,855
10
36,851
25
12,240
16,608
45
16.748
16,748
TOTAL INCOME FROM CHARITABLE ACTIVITIES
223,525
223.525
Pa9e 11

FRIENDS OF THE ROYAL MARSDEN CHELSEA
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
TRADING AND FUNDRAISING C08TS
R¢strictèd Unr8strictgd
funds
lunds
2023
2023
Total
funds
2023
Frionds Shgp & Trolley
Friends Café
Support Costs
Young Friends Event
Christmas Cards
Bridge Evening
Garol Concert
Miscellaneous
Portfolio F88S
Salary Costs
Social Security
Pension Costs
Depreciation
83,530
31,989
4,721
1,940
2,594
1,393
7.999
11,3251
83.530
31.989
4.721
1,940
2.594
1,393
7,999
11.3251
7,000
21,595
265
163
4.926
7,000
21,595
265
163
4,926
TOTAL TRADING AND FUNDRAISING COSTS
7.000
159,790
166,790
Pa9e 12

FRIENDS OF THE ROYAL MARSDEN CHELSEA
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
TRADING AND FUNDRAISING COSTS Icontinuedl
R￿tri¢tOd Unr8stri¢t8d
funds
funds
2022
2022
Total
funds
2022
Friends Shop & Trolley
Friends Café
Support Costs
Porttolio Fees
Young Fiiend5 Event
Christmas Cards
Summer Drinks Party
Bridge Evening
Carol Concert
Miscallaneous
Marketing
Salary Costs
Pension Costs
Depreciation
62,082
17,073
4,129
62,082
17.073
4,129
7,002
832
4.327
16.510
2.256
6,194
424
200
16.711
162
7,002
832
4,327
16,510
2,256
6,194
418
200
16,711
162
S,520
5,520
TOTAL TRADING AND FUNDRAISING COSTS
7,008
136,414
143,422
Page 13

FRIENDS OF THE ROYAL MARSDEN CHELSEA
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
CHAR￿ABLE ACTIVITIES
Unrostri¢tod
funds
2023
Total
funds
2023
AmEN￿lEs AND EQUIPMENT PROVIDED
Venezia Inlersti1131 Lunar Ovoid Applicators
CCU - Avento Reclinin9 Chair
Dual Function Microscope
20 Wheelchairs
Gynea Surgery- RUMI Alley
Imaging - 19 Chairs lor the Waitin9 Arèa
Coffee Machines
Dr Poppat Research Salary
Abbott I-STAT Alinity System
Arts Forum Contribution
25 Hybrid Mattresses
CCU - H9151
Happiness Project
Cancer SeNi¢es- Drufom8t
Posl-op Reclining Chairs
Garden Planting, Maintenance and Irrigation System
Fine Negdle Surgical Instruments
12 Silk Orchids
Training Module lor Total Laryngectomy
Chrlstmas Presents and Gifts
Aromatherapy Oils
Presenls To Patients
Birthday Cards
Medical Day Unit Tea Trolley
Torches
other Expenses
Fresh Flowers
CushionslRefurtJishment
Piano Tuning
59,341
4f,814
27,237
14.558
10,688
10,477
8.240
7,539
6,518
6,000
5,961
5.397
3,654
2,855
2,506
2,404
1,488
1,196
1,086
880
59,341
47,814
27,237
14.558
10,688
10,477
8,240
7,539
6,518
6,000
5,961
5,397
3,654
2.855
2,506
2,404
1,488
1,196
1.086
880
766
663
660
766
663
660
427
383
280
216
144
108
427
383
280
216
144
108
TOTAL AMENITIES AND EQUIPMENT PROVIDED
229,486
229.486
Restrictod Unr•strlcted
funds
lunds
2022
2022
Total
funds
2022
TOTAL AMENITIES AND EQUIPMENT PROVIDED
62,972
47,501
110,473
Page 14

FRIENDS OF THE ROYAL MARSDEN CHELSEA
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
STAFF COSTS
2023
2022
Staff Costs were as follows:
Wages and salaries
Soci31 secuTily costs
Contribution to defined contribulic¥) pgnsion schemes
21.595
265
16.711
163
22,023
162
16.873
The average number of employees during the yeai was Two {2022'. Two)
TRANSACTIONS WITH TRUSTEES
During the year, no Trustees received any remuneration or other benefits {2022- £NILI.
During the year ended 31 December 2023, no Trustee expenses have been incurred12022- £NILI.
TANGIBLE FIXED ASSETS
Café & Shop
Equipment
COST
At 1 January 2023
62,369
At 31 December 2023
62,369
Depreciation
Al 1 January 2023
Charge for the yeaT
33,625
4,926
Al 31 December 2023
38,551
Ngt book valu8
Al 31 December 2023
23.818
At 310ecember 2022
28,744
Page 15

FRIENDS OF THE ROYAL MARSDEN CHELSEA
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
DEBTORS
Rgstricted Unrestricted
funds
funds
2023
2023
Total
funds
2023
Trade Debtors
3,157
211,250
3,157
256,683
Other Debtors
45,433
259.840
Tots12023
45.433
214,407
Restricted Unrestricted
funds
funds
2022
2022
Total
funds
2022
280
1,942
5,175
280
1.942
28,662
Trade Debtors
Prèpayrnents
Other Debtofs
23,487
Total ZQ22
23,487
7,397
30,884
Page 16

FRIENDS OF THE ROYAL MARSDEN CHELSEA
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
10. CREDrroRS
Unrestricted
funds
2023
Totsl
funds
2023
Trade Creditors
Accruals
Other Creditors
Taxation & Social Security
13,971
171,672
170
13.971
171,672
170
2,531
2,531
Total 2023
188,344
188,344
Re$trlcted Unrestricted
funds
funds
2022
2022
Total
funds
2022
Trade Creditors
13,730
11.639
1.901
13,730
75,486
1,901
Accruals
Olh8r Credilors
63,847
Total 2022
63,847
27.270
91.117
Paga 17

FRIENDS OF THE ROYAL MARSDEN CHELSEA
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
11. CHARrrABLE COMMITMENTS
At December 31, 2023 Friends of The Royal Marsden, Chelsea haj agreed lo fund the following..
2023
Gamma Detection Probe
12 Clinical Trolleys
Calheler Tip Location System
Injecb'on Chair
Head and Neck - Fine Needle Suigical Instruments
Urinanalysis Machine
Psychological Supwrt- Personalised Avatar
Physiolherapy- Series ol Pilales Videos
Psychological Support- 2 Chalrs for Therapy
TOTAL OUTSTANDING COMMITMENTS AT 31 DECEMBER 2023
20,238
18.980
5.000
2,531
1,466
1.435
900
600
579
51,729
FORMC also supports hospital patients and staff by providing payment for many other routine costs
induding:
RDACIR3diolherapylCryolheiapy- Complementary Hol Drinks
Refreshments for Welkbeing Events
Piano- Maint8nanGe
Various items for Complimentary Therapies
Roof Terraces and Gardens- Maintenance
12. SUMMARY OF FUNDS
CURRENT YEAR
Balance at
31
Balance at 1
January
2023
D8cemb•r
2023
Income Expendituro
Unrestricted funds
ReStr￿ted funds
797,255
75,935
541,496
31,020
1463,2221
56.846
875,529
163,801
873.190
572,516
1406,3761
1,039,330
Page18

FRIENDS OF THE ROYAL MARSDEN CHELSEA
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
12. Summary offunds Icontinuodl
PRIOR YEAR
Balance at
31
December
2022
Balance at
1 January
2022
Income Expendlture
Unrestricted funds
Reslricled funds
680,634
111.258
306,637
34,656
1190.0161
169.9801
797,255
75.934
791,892
341,293
1259,9961
873,189
13. OPERATING LEASES
Al 31 December 2023 the Company had commitments to make future minimum lease payments under
non-¢ancellable operating leases as follows..
2023
2022
Not later than 1 yèar
Later than 1 year and not later than 5 years
6,255
4,957
5.788
3.243
11.212
9,031
14. DONATED SERVICES
FORMC received various free services from the hospital which, although theoretically p055ible. would be
difficult to value. and therefore this is not conSide￿d to be worthwhile. Thèse donated services ¢onsi510f.'
Space for a small shop. shop stock, a small café, a small ofli¢e and storage.,
Payment on postage of out90ing mail",
Four computers, all of which are linked lo the hospital ne￿Ork.. one printer and, as necessary, computer
service supporL
15. RELATED PARTIES
Included in Income and Endowments 1$ £Nil12022.' £2.0071 donated by Trustees ¢*Jring the year.
16. CAPITAL
Every member undertakes to contribute to the charily in the event of it being wound up whilst she I he is a
member or wrthin one year afterwards. for the payment of debts and liabilities of the company contracted
before she I he ceases to be a member and the cos15, charges and expenses of winding up and for the
adjustment of the righ15 of contributories among Ihemsglves such amount as may be required not
exceeding one pound.
Page 19

APPENDIX I
cou
20
Friends of thè Royal Marsdèn, Chelsea
ccu-
4 X POST OP RECLINING
HAIR
12X
wsi
ORC
IDSINMDU
20
WH
Al

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