Friends of 2024 ANNUAL REPORT & ACCOUNTS ROYAL MARSDEN Chelsea Welcom en Café the Fl The Queen's Award for Voluntary Service The MBE for volunteergroups P¥4 Friends of the Royal Marsden, Chelsea, Committee & Secretaries From the top (left to rightl.. Emily Eban, Mel Bowker, Camilla Callander, Sarah Phipps, lan Williams, Cristiana Aragoni, Wendy de Capell Brookè, Katie Sketchlèy, Sally Robotham, Anneke MacThomas. From thè btsttom (lèft to rlghtl-. Sarah Laidlaw, Terèsa Di¢k, Jane Munday, Biffa Bradshaw, Suzanna Magill. Committee members are key members of the charity because of their high level of involvement and commitment, when organising events andlor heading departmènts. They attend regular meetings, eight times a year, to evaluate and approve hc>spital requests for funding as well as report back on volunteers, services, fund raising events and special projects. Page 2 NNUAL REPORT & ACCOUNTS 2024 Friends of The ROYAL MARSDEN Chelsea OBJECTIVES CONTENTS The main Objectives of Friends of The Royal Marsden, Chelsea 8re: 3. Objectives & Public Benefit To supplement the service provided by The Royal Mar5den Hospital, Chelsea, for the health, welfare and comfort of the patients, therein by the provision of facilities, buildings and equipment which may be required for the treatment of such patients, or for the efficient running of the h05Pltal. 4. President's Welcome Administration & Governance 5. Chair Introduction To provide, or to assist in the provision of amenities in The Royal Marsden HDSPltal, Chelsea for patients and staff, including the provision and running of hospital 5hDPS. canteen5, libraries. flower services. the establishment of clubs, health and recreation centres, hoste15 and rest and convalescent homes for the use and benefit of such persons. 6. Achievements & Performance 13. Fundraisinq & Events 15. Financial Summary 16. Where the Money Goes 17. Financial Summary cont. 19. Independent Auditor's Report PUBLIC BENEFIT 23.Statement of Financial Activities The activities described in this report benefit The Royal Marsden, Chelsea and its patients. 24. Balance Sheet The Trustees have paid due regard to the guidance published by the Charities Commission on public benefits. 25. Notes to the Financial statements Appendix l Equipment Photos Page 3 ANNUAL REPORT & ACCOUNTS 2024 WENDY DE CAPELL BROOKE. PRESIDENT WELCOME I welcome you to the Annual Report and Accounts for 2024. It has been a huge privilege to take on the role of President durinq this year. I have been involved in the Friends of The Royal Marsden, Chelsea for over 30 years, starting as a volunteer, Committee member. Chair and Trustee and I continue to be bowled over by the dedication and hiqh standards achieved by everyone at the Friends. This report speaks for itself as Dur charity goes from strength to strenoth led by our wonderful Chair, Cristiana Aragoni. PRESIDENT WENDY DE CAPELL BROOKE Thi5 15 the Trustees. Report and Financial Statements for the yearended 31 December 2024. HON. PRESIDENTS ANTOINETTE PARDO MBE JUNE TORRANCE It is prepared in accordance with the accounting policies set out in Notes to the Accounts and complie5 Wlth the Charity'5 governing document, 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 Reportino Standard applicable in the UK and Republic of Ireland published in October 2019. HON. SECRETARY MARIE STACEY HON. TREASURER IAN WILLIAMS CHAIR CRISTIANA ARAGONI Wendy de Capell Brooke Principal Office.. The Royal Marsden, Chelsea 203 Fulham Road, London, SW3 6JJ VICE-CHAIR SARAH PHIPPS TRUSTEES CRISTIANA ARAGONI WENDY DE CAPELL BROOKE ROGER ROBOTHAM EMMA ROGERS MARIE STACEY IAN WILLIAMS LINDA WIMBLE Auditor Cooper Parry Group Limited statutory Auditor New Derwent House 69-73 Theobalds Road Holborn London WCIX 8TA Bank.. HSBC Bank plc, Kniohtsbridge,102 Brompton Road, London, SW31JJ Page 4 REGISTERED CHARITY NO: 222613 THANK YOU It is an honour to serve as Chair of the Friend5 of The Royal Marsden. Chelsea. and to work with a charity that benefits from the unwavering commitment and dedication of over 160 volunteers. I have been fortunate to witness and participate in numerous special moments where the Friends has truly made a difference for patients, their families, and caregivers. The staff at The Royal Marsden greatly value the Friends for the various daily services we provide to support and enhance the hospital community. CRISTIANA ARAGONI, CHAIR The Friends, Committee has worked tirelessly in 2024 to meet and approve qrant requests and to oroanise fund-raising events and countless innovative projects. A special thanks to our Trustees for their continued support and advice and to Sarah Phipps, Vice-chair, for taking a very active role and for being of invaluable help. 2024 has seen a number of actNvities, commercial ventures. new projects. fund-raising events that have proven really successful, and in this report, I will share some key aspects. The Friends of The Royal Marsden, Chelsea is a charity comprised of many hardworking, dedicated individuals who generously offer their time, passion. and care, making a significant impact on the lives ol those who work at, and receive treatment. from The Royal Marsden, Chelsea. l am grateful every day for the incredible contributions of our volunteers and the spirit that brings u5 all together. Thank you, Cristiana Araqoni Page 5 Friends of The ROYAL MARSDEN ACHIEVEMENTS & PERFORMANCE Chelsea THE SHOP TROLLEY THE SHOP The Shop Trolley provides a much loved service, visiting wards daily and offering a selection of the shop goods to patients, their carers and Staff who may not be able to leave the wards. The team of 16 volunteers, headed by Sally Robotham so appreciated by the whole hospital community which often greets them with a smile. In 2024 the shop trolley generated a gross income in excess of £7,000. The Friends. Shop continues to be a vital focal point for staff, visitors, patients and their families. It provides everything from snack5, drink5, sandwiches to qift ideas, greeting cards and toiletries. Thanks to the hard worK and enthusiasm of a strong team of 45 volunteers it is open six days a week. The buyinq team dedicate many hours to findinq new and stylish accessories. beautiful cards and healthy snacks: special thanks to Katie Sketchley, Helen Moran, Linda Wimble and Fi Egerton-warburton for their dedication and talent. The shop is a major source of revenue. It5 gross income in 2024, tooether with the shop trolley, totalled £162.272. compared to £147,229 in 2023. With a net income ol almost £68,000 it is a real success story, year on year. THE CAFE, The Friends. Café. has returned stronger than ever. Freshly made sandwiches, delicious quiches, 50ups, cakes, and a great variety of coffees and teas are served with warmth by a dedicated team of 66 enthusiastic volunteer5. Open Monday to Friday, the Café offers a comforting presence in the busy Outpatients area. consistently striving to provide excellent value for both patients and staff. With the support of Olivia Stirling, Sarah Laidlaw has successfully re-organised all supplies, food aller¢Jen labels, food training, and all procedures, leading to impressive results. In 2024, the café has achieved a remarkable qross income of £74,973. up from £56,043 in 2023 and a net income ot £31,317 up trom £24,054 in 2023. rJ Page 6 Friends of The ROYAL MARSDEN GARDEN & FLOWERS Come rain or shine, the garden terraces are cherished by both staff and patients. particularly during lunch hours. Surrounded by lovely plants and flowers, these spaces are diligently maintained by our former chair and trustee, Marie Stacey with the help of Jane Farrell. These areas offer great $018ce, especially when a breath of fresh air is needed in the hustle and bustle of a busy hospital. Chelsea Fresh lilies in the Chapel were also sponsored by the Friends. A team of 10 volunteers now headed by Anneka MacThomas provide the service of keeping the patients, own flowers in the hospital wards, fresh and with clean water. The Friends also support and look after the silk flower compositions in the reception area, by the piano and in the chapel. These are changed seasonally and created by Georgiana Fiddian-Green and Mary Herbert. They provide an elegant and warm touch and are much admired by staff and visitors. THE TEA TROLLEY IN MDU Headed by Suzanna Magill, this team can count on 15 volunteers who regularly serve tea and coffee in the Medical Day Unit with daily runs. This service is free of charge to patients and their carers and all the drinks and biscuits offered are proudly sponsored by the Friends. The yearly cost in 2024 was £1,349. This Service is something patients really look forward to when they attend their chemotherapy treatments. Page 7 ANNUAL REPORT & ACCOUNTS 2024 Friends of The ROYAL MARSDEN WARD ASSISTANCE Chelsea MEET & GREET How many of us can say they can navioate the hospital buildings as well as the Meet and Greet Team? They direct, accompany patients and their carers through the many corridors of the Chelsea buildings. A team of 31 volunteers headed by Sarah Phipps continues to be an essential part of our Services in Wallace Wing and at the main entrance, providing excellent support to staff and a hiqh level of care to visitors. Horder Ward was refurbished in September to extend the number of beds from eiqht to twelve for palliative care patients. A team of over 15 volunteers were headed by Fi Horbye until December 2024. We thank Fi, for all her continued worK and contribution over the years. The Friends has really made a difference, providing support to Gifty (the hostess) for the breakfast, lunch and dinner services. Welcome 10 The QOYAL MAQSDEN ADMINISTRATIVE SUPPORT IN MDU Up until November 2024 volunteer Choppy Carter provided administrative support in the Medical Day Centre to support a trial clinic. This service has been on-going for six years and her contribution has made all the difference to staff and visitors. BOOKS & MAGAZINES The Friends, reqularly receives donations of booKs which are sold in a dedicated stand in Outpatients, in the Friends Shop and during special events. The BOOK Sales that we run regularly in 2024 by the Regency Staircase have generated an income of over £1,300. Magazines donated by Condé Nast were distributed in key patient waitinq areas around the hospital. Pagè 8 ANNUAL REPORT & ACCOUNTS 2024 Friends of The ROYAL MARSDEN COFFEE MACHINES In 2024 the Friends has continued to support three coffee machines for patients visitin(J RDAC, Radiotherapy and Cyberknife. These services provide much comfort in areas where a cup of tea, coffee or a hot chocolate can really be appreciated by patients and visitors. Chelsea COLLECTION TINS In 2024 the costs of these services went up considerably as more patients attended the hospital and more were taKinq advantage of this free service. Total costs were £13,074 against £8.240 in 2023. The Friends has a number of collection tins located all around the hospital; they are also each displaying a QR code for those who no longer carry cash. They provide a good source of income to offset the costs of the rnany services we support, especially the coffee machines. THE PIANO, THE ARTS FORUM & THE AQUARIUMS Our Trustee and active volunteer, Roger Robotham, has continued to commit his time to do all the counting of the cash in the tins and we are huqely grateful for his help, which ha5 been constant over the year5. HANDCRAFTING: SEWING & KNITTING Our Team of pianists has grown from 7 to11 in 2024 and are coordinated by our Hon. President June Torrance. They regularly play the Steinway piano at the base of the Regency Staircase, creating a very special atmosphere as patients and family arrive at The Royal Marsden. Chelsea. Our Café volunteer, Ruth Coles has continued to be busy sewing syringe driver and drainage bags for patients, thanks to regular donations of fabric. These are then distributed to patients, through the wards, matrons. In 2024 the Friends has also contributed £6,000 towards the Arts Forum: to support the acquisition and maintenance of art on display, music sessions in wards and a choir open to staff and volunteers. This included the aluminium printing and installation of London landmarks images by photographer in residence June Torrance. The Friends, teddy bears have hand-knitted sets of woollen scarves and hats generously made by donors from all over the world, including Italy. These are sold in the Friends shop as fun gift items. The Aquariums in Outpatients and Radiotherapy. which were donated to the The Royal Marsden over a decade ago, continue to be of great enjoyment to all. Page 9 ANNUAL REPORT & ACCOUNTS 2024 Friends of The ROYAL MARSDEN WEDDINGS Chelsea The Friends have always been on hand to ensure that any patient who is gettinq married has a special day. Whether in the Boardroom or on the Ward, Sarah Phipps alongside Sarah King, from PALS. ensures it is a memorable occasion. The Friends provide a wedding card, a f loral bouquet, buttonholes, table decorations, a wedding cake, a polaroid shot and refreshment5. To mark the occasion. a framed photo is given to the couple. THE FRIENDS, GIFTS The Friends has a number of branded items created over the CHRISTMAS ELVES WRAPPING RIOV2 MAR_ years. They are very popular with visitors and staff: teddy bears, tote baqs, china muqs, pins, pens, areall sold in the Friends, shop and perfect when organizing events. Every year a team of volunteers meet in early December to pack up the festive goodie baqs to be delivered to the patients on Christmas day. THE FRIENDS, 2025 CALENDAR In 2024 the Friends produced a fabulous calendar, thanks to the generous contributions of our talented volunteers who donated their artwork. The Friends, desktop calendars were sold in the shop and on-line'they were also donated at Christmas time to patients and staff at The Royal Marsden, Chelsea. In 2024 we met in the boardroom and had a competition for the best outf itl The winner was Janina Kmiecik in herfull Santa costume. Jane Munday, her friend Tim and Helen Moran handed out over 95 baqs to those who were in-patients on Christmas morning. Page 10 ANNUAL REPORT & ACCOUNTS 2024 SECRETARIAL TEAM Friends of The ROYAL MARSDEN In Summer 2024 we sadly had to say qoodbye to our Part-time Secretary Caroline Syms who worKed tirelessly for the Friends. We have welcomed to the secretarial team a very familiar friend, Mel BowKer. who co-ordinates recruitment and is now working alongside Camilla Callander. looKing after the Friends, officè. Chelsea They are the only two paid members of our charity and provide an expert support to the volunteers, the event teams, the trustees and the Committee Members. They also look after the Café and Shop rotas. VOLUNTEEERS A Team of 175 active volunteers who in 2024 dedicated around 35,000 hours of service to the Friends of The Royal Marsden, Chelsea. Volunteers have a responsibility to be fully trained and up to date with all the learning and e-learning modules required by the Trust. The Friends volunteers have a high level of ompliance, over 90%, and we are proud of this result as we understand that this is achieved with no small effort. We thank Camilla Callander. our Secretary, for co-ordinatinfj all the e-learning activities. We are also huqely qrateful to the Learning & Development team for orqanising supervised sessions with PCS at disposal to support our efforts. RECRUITMENT Mel Bowker has continued to look after the recruitment and processing of all new volunteers. With regular intakes and signing up of 17 new volunteers in 2024, we have kept a healthy total number of active volunteers who are keen tojoin our charity in the various roles. MEMBERSHIP By the end of 2024, the Friends of The Royal Marsden. Chelsea had 286 fully subscribed members, of which 175 were active volunteers, 10 Young Friends and 101 non-volunteer members. Page 11 ANNUAL REPORT & ACCOUNTS 2024 Friends of The ROYAL MARSDEN OUR FINANCE SUPPORT TEAM TREASURER & BOOK KEEPER Chelsea MARKETING & PR The Friends manages all our events via web platforms which help with ticketinq as well as calculating event revenue5. We a150 sell Christmas cards online on our website and in 2024 we have seen that our on-llne shop over Christmas has been extremely popular and had a high volume of Sales, exceeding £3.700 and over 800 pacKs of cards and calendars sold. lan Williams. Hon Treasurer. joined the Friends in June 2023 and since then he has been an incredible asset, always keeping an eye on how to best manage the charity financially, as well as safeguarding its interests. Since its launch in 2023 the on-line application for the Grant scheme has proven popular and easy to use. In 2024 most Hospital requests for funding have been received via this tool linKed to the Friends. website. We thank Linda Wimble, former Chair, for creatinq this important element which is very user-friendly. Teresa Dick, our bookkeeper. has been volunteering in this role for a number of years. She has been truly invaluable in the course of these years, providing regular and efficient support, makinq sure that all our records are maintained in good order. Friend5 of The Royal Mar5den, Chelsea 15 a UK registered charity, and it is fully audited every year. Friends of The Royal Marsden, Chelsea 15 also a member of the Kensington. Chèlsea & Westminster Chamber of Commerce who orqanise regular events for networking with local businesses, and in 2024 was shortlisted in the Charity category. THE YOUNG FRIENDS THE TRUSTEES & THE COMMITTEE The Young Friends is a small committee of about10 younq profe55ionals. Between 2020 and 2024 the Young Friend5 has raised over £35,000 and this money goes towards the purchase of medical equipment and servicesg for the benefit of patients, their carers and staff at the hospital. The Younq Friends committee meets virtually once a month and in person once a quarter. We thank them for their passion. dedication and impressive results. The Trustees ot the Charity meet quarterly to discuss overall financial and operational activities. The Committee meets eight times a year, to evaluate h05Pltal request5 for funding and to discuss the Friends. day to day operations. They are also an invaluable source of expertise as most Trustees have covered the role of Chair and have been involved with the charity for a number of years. It5 member5 have a very high level of involvement, heading a department and orqanising/supporting fund raising events. Headed by the Chair they regularly report on their departments and events and also vote on hospit81 requests for funding. Loulsa Bullard an¢J Charlie Rogers Co.Chalrs Page 12 ANNUAL REPORT & ACCOUNTS 2024 FUNDRAISING & EVENTS th Volunteers Drinks Party- 10 January A much loved event when all volunteers were invited to share memories and meet each other for the first time. At an exceptional location. the Sloane Square Hotel, this event was fully sponsored by the Hotel and the Friènds, Committee. th 'Sounds for the Soul, by Min-Jung Kim - 14 May A Piano Recital in conversation with Dr. Sian Williams This event successfully raised over £10.000. with more than 200 tickets sold. The funds collected were donated to the Breast Unit via Emma Kipps. who, alonq with Lewis Butler, played an active role on the evening. th Quiz Niqht- 12 November raising over £5.000 A sell-out event, with the questions org8nised by Toni Pardo MBE, our Trustee and Hon. President. This event continues to be a night of great fun with Sally Robotham, Wendy de Capell Brooke at the helm and thanks to a strong team of enthusiastic participants and active volunteers. The funds raised to ijo towards MDU and Chemotherapy. th th Bridge Event- 18 to 24 November raising £17.000 135 packs sold and 8ridiJe players participated in this hugely 5ucce5sful event, orqanised once again by Jane Gill and Emma Roqers, with the hands provided by Zeb Stocken. The funds raised to be used to part-purcha5e two Alinity 1ST AT Creatinine Devices for the Radioloqy Department. Congratulations to Suzi McArthur and Cilla Maquire-samson for winning. Young Friends Events raising over £13,000 Golf Day on 22. March Pyrtord Lake Golf Course in Surrey. A brand new event, that h8s already become a popular fixture in the calendar. Thi5 day of 5POrt and fun proved very suctesgful and tnost of thè monèy was made on the day by Silènt Auctions and spècial plays on the qolf eourse. The Younq Friènds have also run this aqain in 2025. Qulz Nlqht on 21" November The Young Friends of The Royal Marsden, Chelsea hosted a lively pub quiz nioht in Battersea. Featuring quiz rounds crafted by committee rnembers and the return of the Young Friends favourite'PicK a Ball, oame with fantastic prizes. Over100 tickets were sold. It was a brilliant evening and hopefully the Younq Friends will organise this event again in Autumn 2025. th Carols by Candlelight- 11 December raising over £21.000 A full house of 350 people attended our third spectacular Carols by Candlelight. organised by Jane Munday. Biffa Bradshaw and Sarah Phipps at Chelsea Old Church. The event this year was supported by the Band Trust. Nicholas Harries. Chelwood Partners. Estate Agent. Sarah Phipps. Jane. Biffa and their families. Drinks and canapes followed in Petyt Hall after the service. -Th•nk you forlnvlthom• t￿S￿h4 lov•ly•vert ofmyl•vDurtt••v•ntsofth• y•arl IM1don•￿$￿￿ asucc•sJfuly••r, w•ar•so fortsnat•tsh•v• I￿￿11t￿l￿d*￿I￿Oat1rpa￿*￿ts•￿dsI•11. Wlthmywrm•rtwtsh** l•r* v•ryH¥pyChrl*thk** aAdMw Y•ar. •lly- Page 13 Chl•fExw¢rtfv•, Th•R0￿M￿￿￿•￿ 14HSFvund•thn Ttrwt ANNUAL REPORT & ACCOUNTS 2024 SUPPORTING EVENTS Ih Environmental Day- 5 June The Friends participated at this event, held at the Chelsea site, giving free starter packs of Sunflower seeds to staff to grtsw at horne and expert advice on how to best look after pot5 and plants at home. This event was coupled with a nice BBQ for staff. Jane Farrell and Deirdre Montagu were the expert Friend5 on hand on the day. th World Mental Health Day - 10 October The Friends contribution was very special to the team working in psychological support and manning the table a5 we helped them with the planning and the purchasing ol free merchandise to hand out to staff and visitors. Stre55 balls. notebooks. positive stickers. dark chocolate mints and T-shirts for staff manning the table. wop MI￿AL PAYX th Volunteer Week - 3-7 June In 2024 the Friend5 5UPPOrted thi5 important mtrment, where all volunteers are thanked natlDnally for all the WDrK they do. We hosted coffee morning and supported an awarene5S table by the Regency staircase. giving information. All volunteers received a Thank you pin to I mark the occasion. "Thihkydu lotAIIy*ut*ypportthl* y•*r. I r••llydv4ppr•¢l41• Vé •Trdv4lu•th• m•zlnq w¢Jw* you •r• dolnq to 5UPPQrt th• dwelopment OfVol￿￿￿rySer¥lc*s In your t•4ms." try PtldM•M H••d ofVolunt••rS•r¥1¢•5 Th• Roynl Marnd•Tr NHS Foundatlon Tru th Celebrate a Life- 7 December +:ii "'* A team of12 volunteers braced the elements, outside the front of The Royal Marsden in Chelsea to support this yearly gathering. The event sees families and patients alike returning annually and some have been coming for the 26 years it has been running. The Friends 5UPPOrts the event by handing out the order of service and offering refreshments of mince pies, mulled wine and hot chocolate. th Calendar of Events 2025 & Celebration of our 90 Anniversary1935 - 2025 Volunteers drink party March 1935 - 20?. th Cocktails in the Garden 14 May 90th Anniversary Gala Concert- 20 October Bridge Event- Month of November th th Carols by Candlelight- 10 December th Christmas presents to patients- 25 December Page 14 ANNUAL REPORT & ACCOUNTS 2024 FINANCIAL SUMMARY 2024 Financial Highlights ACTIVITIES 2024 £ 2023 £ CHANGE YEAR ON YEAR Shop & Shop Trolley -Revenue 162,272 147,229 io% -Net Income 67,857 63,699 Cafe -Revenue 74,973 56,043 33% -Net Income 31,317 24,054 30% Events Bridge Evening 17,105 17,152 Carol Concert 21,345 16,242 31% Piano Recital 10,587 Quiz Night 5,098 3,264 56% Young Friends Events 13,016 6,014 116% Events Revenue 67,151 42,672 57% Events Net Income 48,987 31,340 56% Amenities and Equipment Provided 142,240 229,486 -38% Committed Funds 108,197 51,729 109% Donations & Legacies 72,531 264,124 -73% Subscriptions 31,092 23,797 31% Cash reserves at year end 1,131,392 Both the Shop and the Café performed exceptionally well, offerinfJ excellent value for money to both staff and patients, who greatly appreciate these services. Alongside the Shop Trolley, they remain an important source of incorne for the Friends of the Royal Marsden, Chelsea. The Café in particular is growing at fast pace, with a net income of £ 31,317 nearly matchinfj pre-covid net income of £33,503 in 2019. Fundraisino events raised £67,151 in 2024 against £42,672 in 2023. The difference is mainly attributable to the success of the Young Friends events and the Piano Recital by Min-Jung Kim. Page 15 ANNUAL REPORT & ACCOUNTS 2024 WHERE THE MONEY GOES Medical Equipment received in 2024 Amenities & Charitable Expenditures 2024 Ward / D•pt Hosp5tal Requests Equlpm•nt Total ¢ost Ward / Dept Description Total c05t Cancer Services £4,040 Arts Forum E6.000 Clinical Services Abbott I-ST AT Alinity Systetn £6.501 ccu Family Room makeover £123 Critical Care Unit £13,082 Chgpel Fresh Flower5 E368 Additional stack unit to bè used with video scope for Head & Neck Coffee Machines RDAC/R4diotherapy/ E13,074 Head and Nèck £36,935 Camplementary £762 Head and Neck Fine needle surqic81 Instruments £1,506 Environrnenl Day SuTrfl¢wer seedslpols £50 Horder H8ppine5s Project £3,600 Garde £1,283 Imaginq £2,530 E70 Nuclèar Mèdicinè Gamm8 Detection Probe £20,239 and PET/CT Dept MDU Te4Trolley El,349 Physiotherapv Pilates Video for P8tients £600 Occup¥tion Therapy 50 E891 Psychiatry Video Information Project £900 Occupation Therapy Weights. DeMeTrtla clocks and Gooseneckfor tablets E775 Radiotherapy Specialist cushions for p8tients P05t treatments x 5 £907 Reqen¢y s1gir¢aseS Ch4pel E324 Speèch/Swall/Voice Staff Training video £720 Pre58nt5 for Patients £1,649 Speèch/Swall/Voice Stack-deposit £6,519 Present5fur Stafl £138 TULA- Mini Device for Uroloqy £9.875 £221 bladder tumours Silk Flowers Flower8rr4ngement5 £308 Vascular Access ANP Catheter Tip Loc8tion System £5,000 Weddings Flowers and r@freshfflgnls £240 £112.954 Wreaths for Chap81 Christfflasdecorations £35 Otherexpen5es £1.626 Grand total £142,240 £29,286 In 2024 the Friends of The Royal Marsden. Chelsea has received a good number of new hospital requests for both medical equipment and amenities for patients and staff wellbeing. The total spent on amenitiès went from £20,788 in 2023 to £29,286 in 2024. The Friends of The Royal Marsden, Chelsea also committed a further £108.197 for new medical equipment which the Committee approved but was not received or invoiced by 31/12/2024. Page 16 ANNUAL REPORT & ACCOUNTS 2024 Financial Position at the Year End The Friends of The Royal Marsden, Chelsea I'FORMC'I continues to remain in a strong financial position at the year-end. Net assets increased from £1,039,330 at 31, December 2023 to £1,066,397 at 31" December 2024. This strong financial position will help to ensure that FORMC continues to fulfil the objects of the Charity as stated on page 3. Charitable spend was £142,240 compared to £229,486 in 2023 and commitments of a further £108,197 were made at 31/12/2024 towards the purchase of new medical equipment, approved by FORMC Committee, but was not received nor invoiced by 31/12/2024. Reserves Policy FORMC aims to maintain a level of funds at a minimum of £250,000 which it considers necessary to protect current activities in a way that enables the Charity to meet its responsibilities and to ensure that it continues to operate on a 'Going Concern, basis without risk. structure, Governance and Management FORMC is qoverned by the Objects and Rules as amended and altered by its members at the Extraordinary General Meeting on 29th November 2007 and effective from 1st January 2008 and further amended by the members of FORMC at the Annual General Meeting on 30 May 2024. The Objects and Rules have been amended and re-reqistered at the Charities Commission. Trustees are nominated by the Committee of FORMC and shall comprise the President of FORMC and a minimum of three members nominated by the Committee for appointment at the Annual General Meetinq. The trustees 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 fundraising charity which concentrates on major capital projects and the support of research f unds. The trustees of FORMC consider that the income ¢Jenerating activities of their charity, as operated by the dedication of its volunteers, in providinfJ highly visible services, are complementary to the work of the main hospital charity. A significant number of volunteers are recruited f rom former patients and their families and f riends. FORMC meets from time to time with the Friends of other large London hospitals to discuss matters of common interest and to share ideas for providing services and f undraising. Page 17 ANNUAL REPORT & ACCOUNTS 2024 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 IUK Generally Accepted Accountinq Practice). The law applicable to charities in England and Wales requires the trustees to prepare Financial statements for each financial year which qives a true and fair view of the situation of the Charity and of the incoming resources and application of resou rces of the Charity f or that period. In preparing these Financial Statements. the trustees are required to: Select suitable accounting pol icies and then apply them consistently. Observe the methods and principles in the Charities SORP 2019 IFRS 1021 MaKejudgements and estimates that are reasonable and prudent. state whether applicable accountino standards have been followed, subject to any material departures disclosed and explained in the Financial Statements Prepare the Financial Statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in operation. The trustees are responsible for keeping proper accountin(J records that disclose with reasonable accuracy at any time the f inancial position of the Charity and enable them to ensure that the Financial Statements comply with the Charities Act 2011, the Charities (accounts and reports) Reg ulations 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 fraud and other irregu larities. The trustees are responsible for the maintenance and inte(Jrity of the Charity and financial information included on the Charity's website. Legislation in the United Kingdom qoverninq the preparation and dissemination of Financial Statements may differ from legislation in other jurisdictions. Auditors The audit busines5 of Haines Watts Kingston LLP was acquired by Cooper Parry Group Limited on14th November 2023. Haines Watts Kingston LLP has resigned as auditors and Cooper Parry Group Limited has been appointed in its place. lan Williams, Treasurer On behalf of the trustees 20th May 2025 Cristiana Aragoni. Chair On behalf of the trustees 20th May 2025 Page 18 **FRIENDS OF THE ROYAL MARSDEN CHELSEA** ## **INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF FRIENDS OF THE ROYAL MARSDEN CHELSEA** ## **Opinion** We have audited the financial statements of Friends of the Royal Marsden Chelsea (the 'Charity') for the year ended 31 December 2024 which comprise the Statement of Financial Activities, the Balance Sheet and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: - give a true and fair view of the state of the charity's affairs as at 31 December 2024 and of its incoming resources and application of resources, including its income and expenditure for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Charities Act 2011. ## **Basis for opinion** We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. ## **Conclusions relating to going concern** We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where: - the Trustees' use of the going concern basis of accounting in preparation of the financial statements is not appropriate; or - the Trustees have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the charity's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report. Page 19 **FRIENDS OF THE ROYAL MARSDEN CHELSEA** ## **INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF FRIENDS OF THE ROYAL MARSDEN CHELSEA (CONTINUED)** ## **Other information** The Trustees are responsible for the other information. The other information comprises the information included in the Trustees report, but does not include the financial statements and our Report of the Auditor's thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. ## **Matters on which we are required to report by exception** We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion: - the information given in the Trustees' report is inconsistent in any material respect with the financial statements; or - sufficient accounting records have not been kept; or - the financial statements are not in agreement with the accounting records and returns; or - we have not received all the information and explanations we require for our audit. ## **Responsibilities of trustees** As explained more fully in the Trustees' responsibilities statement, the Trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so. Page 20 **FRIENDS OF THE ROYAL MARSDEN CHELSEA** ## **INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF FRIENDS OF THE ROYAL MARSDEN CHELSEA (CONTINUED)** ## **Auditor's responsibilities for the audit of the financial statements** We have been appointed as auditor under section 145 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditor's 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 (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting 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 it operates, and considered the risk of acts by the charity that were contrary to 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 audit team the identified laws and regulations, and remained alert to any indications of non-compliance. During the audit we focused on laws and regulations which could reasonably be expected to give rise to a material misstatement in the financial statements, including, but not limited to, the Charities Act 2011 and UK tax legislation. Our tests included agreeing the financial statement disclosures to underlying supporting documentation and enquiries with management. Our procedures in relation to fraud included but were not limited to: inquires of management whether they have any knowledge of any actual, suspected or alleged fraud, and discussions amongst the audit team regarding risk of fraud such as opportunities for fraudulent manipulation of financial statements. We determined that the principal risks related to posting manual journal entries to manipulate financial performance and management bias through judgements in accounting estimates. We also addressed the risk of management override of internal controls, including testing journals and evaluating whether there was evidence of bias by the Trustees that represented a risk of material misstatement due to fraud. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditor's report. Page 21 **FRIENDS OF THE ROYAL MARSDEN CHELSEA** ## **INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF FRIENDS OF THE ROYAL MARSDEN CHELSEA (CONTINUED)** ## **Use of our report** This report is made solely to the charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's Trustees those matters we are required to state to them in an Auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity's Trustees, as a body, for our audit work, for this report, or for the opinions we have formed. **Cooper Parry Group Limited** Statutory Auditor Sky View Argosy Road East Midlands Airport Castle Donington Derby DE74 2SA Date: 27/05/2025 Cooper Parry Group Limited are eligible to act as auditors in terms of section 1212 of the Companies Act 2006. Page 22 **FRIENDS OF THE ROYAL MARSDEN CHELSEA** ## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2024** |**Note**
**INCOME FROM**
Donations and legacies
2
Charitable activities
3
Investments
**TOTAL INCOME**
**EXPENDITURE ON**
Raising funds
4
Charitable activities
5
Governance Costs
**TOTAL RESOURCES EXPENDED**
Transfers between funds

**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS**
TOTAL FUNDS BROUGHT
FORWARD

NET MOVEMENT IN FUNDS

**TOTAL FUNDS CARRIED**
**FORWARD**|**Restricted**
**funds**
**2024**
**£**
-
-
-|**Unrestricted**
**funds**
**2024**
**£**

104,433

308,934

10,014
|**Total**
**funds**
**2024**
**£**

104,433

308,934

10,014|**Total**
**funds**
**2023**
**£**

316,867

249,144

6,505

572,516

166,790

229,486

10,100

406,376

-

166,140

873,190

166,140

1,039,330| |---|---|---|---|---| ||-|423,381|423,381|| ||-
-
-|

240,074

142,240

14,000
|

240,074

142,240

14,000|| ||-|396,314|396,314|| ||
(163,801)|

163,801
|

-|| ||(163,801)|
190,868|27,067|| ||

163,801

(163,801)|


875,529

190,868
|

1,039,330

27,067|| ||-|1,066,397|1,066,397|| The Statement of financial activities includes all gains and losses recognised in the year. The notes on pages 25 to 39 form part of these financial statements. Page 23 ## **FRIENDS OF THE ROYAL MARSDEN CHELSEA** ## **BALANCE SHEET AS AT 31 DECEMBER 2024** |**Note**
**Fixed assets**
Tangible assets
8
**Current assets**
Stocks
Debtors
9
Investments
Cash at bank and in hand
Creditors: amounts falling due within one
year
10
**Net current assets**
**Total assets less current liabilities**
**Net assets**
12
**Total net assets**
**Charity funds**
Restricted funds
Unrestricted funds
**Total funds**|11,406

38,172
357,346
774,046|**2024**
**£**
20,648
|

10,200
259,840
349,517
584,299|**2023**
**£**
23,818
23,818






1,015,512
1,039,330
1,039,330
1,039,330
163,801
875,529
1,039,330| |---|---|---|---|---| |||20,648






1,045,749
||| ||1,180,970

(135,221)||1,203,856
(188,344)|| ||||



|| |||1,066,397
||| |||1,066,397
||| |||1,066,397||| |||
-
1,066,397
||| |||1,066,397||| The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by: ................................................ **Cristiana Aragoni** Chair & Trustee Date: 27/05/2025 ................................................ **Ian Williams** Honorary Treasurer & Trustee The notes on pages 25 to 39 form part of these financial statements. Page 24 **FRIENDS OF THE ROYAL MARSDEN CHELSEA** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **1. Accounting policies** ## **1.1 Basis of preparation** Friends of The Royal Marsden, Chelsea is an unincorporated Charity registered in England. The address of the registered office is given in the Charity information on page 22 of these Financial Statements. The Charity constitutes a public benefit entity as defined by FRS 102. The Financial Statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, and UK Generally Accepted Accounting Practice. The Financial Statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The Financial Statements are presented in sterling which is the functional currency of the Charity and rounded to the nearest £. The significant accounting policies applied in the preparation of these Financial Statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. ## **1.2 Fund Accounting** Unrestricted Funds are funds that are available for use at the discretion of the Trustees to advance the general objectives of the Charity and that have not been designated for other purposes. There was one Restricted Fund, the WL Campbell-Paterson Will Trust, under which the charity is required to use all income from the Trust to provide medical equipment to The Royal Marsden NHS Foundation Trust. The restricted fund was made unrestricted during 2024 following a review of the initial will from the donor. Page 25 **FRIENDS OF THE ROYAL MARSDEN CHELSEA** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **1. Accounting policies (continued)** ## **1.3 Accounting Policies** ## INCOMING RESOURCES: All incoming resources are included in the Statement of Financial Activities when the charity is entitled to the income and the amount can be measured with sufficient reliability. Legacies are included when the charity are advised by the personal representative of an estate that payment will be made, or property transferred and the amount involved can be quantified. Where incoming resources have related expenditure, as with fundraising, the incoming resources and related expenditure are reported gross in the Statement of Financial Activities. Donations are only included in the Statement of Financial Activities when the Charity has unconditional entitlement to the resources. Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate. Donated services and facilities are 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 resources is the estimated value to the Charity of the service or facility received. The value of any voluntary help received is not included in the accounts but is described in the Trustees’ Annual Report. Investment income is included in the accounts when receivable. RESOURCES EXPENDED: All expenditure is accounted for on an accruals basis and included under expense categories that aggregate costs for allocation to activities. Where costs cannot be directly attributed to particular activities, they have been allocated on a basis consistent with the use of the resources. VALUE ADDED TAX: Income and expenditure are shown net of recoverable VAT. ASSETS: Tangible fixed assets are capitalised if they can be used for more than one year and cost more than £500. They are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Café equipment - 25% straight line over four years; Café refurbishment and Shop refurbishment - 10% straight line over ten years. Stocks are valued at the lower of cost or market value. ## FINANCIAL INSTRUMENTS: Financial assets and financial liabilities are recognised in the balance sheet when the charity becomes a party to the contractual provisions of the instrument. Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank. Financial liabilities are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability. Page 26 **FRIENDS OF THE ROYAL MARSDEN CHELSEA** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **1. Accounting policies (continued)** ## **1.3 Accounting Policies (continued)** GOING CONCERN: The financial statements have been prepared on a going concern basis. The Trustees have reviewed and considered events and conditions, and have determined that they do not create a material uncertainty that casts significant doubt upon the Charity's ability to continue as a going concern. ## OPERATING LEASE AGREEMENTS: Rentals payable under operating leases are charged against income on a straight line basis over the term of the lease. ## PENSION COSTS: The charity provides the staff with the benefit of a defined contribution pension which is paid into either the charity pension scheme or a scheme of their choice. The scheme is managed, and their assets are held, by independent managers. The pension charge represents contributions payable by the charity and amounted to £249 (2023: £163). Contributions payable to the charity’s pension scheme are charged in the period to which they relate. Page 27 **FRIENDS OF THE ROYAL MARSDEN CHELSEA** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **2. INCOME FROM DONATIONS AND LEGACIES** |Donations
Legacies
Subscriptions
**TOTAL DONATIONS AND LEGACIES**
Donations
Legacies
WL Campbell-Paterson Will Trust
Subscriptions
**TOTAL DONATIONS AND LEGACIES**
**3.**
**INCOME FROM CHARITABLE ACTIVITIES**
Friends Shop & Trolley
Friends Café
Young Friends Events (Golf Day & Quiz)
Christmas Cards
Bridge Evening
Piano Recital
Carol Concert
Miscellaneous
Quiz Night|**Restricted**
**funds**
**2024**
**£**
-
-
-
|**Unrestricted**
**funds**
**2024**
**£**

42,281

30,250

31,902|**Total**
**funds**
**2024**
**£**

42,281

30,250

31,902

104,433
**Total**
**funds**
**2023**
**£**

52,874

211,250

28,946

23,797

316,867
**Total**
**funds**
**2024**
**£**

162,272

74,973

13,016

3,289

17,105

10,587

21,345

1,249

5,098

308,934| |---|---|---|---| ||-|104,433|| ||**Restricted**
**funds**
**2023**
**£**
-
-
28,946
-
|
**Unrestricted**
**funds**
**2023**
**£**

52,874

211,250

-

23,797|| ||28,946|287,921|| |||
**Unrestricted**
**funds**
**2024**
**£**
162,272
74,973
13,016
3,289
17,105
10,587
21,345
1,249
5,098|| |||308,934|| Page 28 **FRIENDS OF THE ROYAL MARSDEN CHELSEA** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **3. INCOME FROM CHARITABLE ACTIVITIES (continued)** |Friends Shop & Trolley
Friends Café
Young Friends Events (Golf Day & Quiz)
Christmas Cards
Bridge Evening
Carol Concert
Miscellaneous
Easyfundraising
Quiz Night|**Unrestricted**
**funds**
**2023**
**£**
147,229
56,043
6,014
1,396
17,152
16,242
1,787
17
3,264|**Total**
**funds**
**2023**
**£**

147,229

56,043

6,014

1,396

17,152

16,242

1,787

17

3,264

249,144| |---|---|---| ||249,144|| Page 29 **FRIENDS OF THE ROYAL MARSDEN CHELSEA** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **4. TRADING AND FUNDRAISING COSTS** |Friends Shop & Trolley
Friends Café
Support Costs
Young Friends Events
Christmas Cards
Summer Drinks Party 2025 - Deposit
Bridge Evening
Carol Concert
Miscellaneous
Marketing
Quiz Costs
Piano Recital Costs
Provisions against amounts receivable from WL Campbell-Paterson Will
Trust
Staff Costs
Social Security Costs
Pension Costs
Depreciation
**TOTAL TRADING AND FUNDRAISING COSTS**|**Unrestricted**
**funds**
**2024**
**£**
94,415
43,656
4,011
4,589
2,791
750
3,065
6,193
1,278
203
1,328
2,989
45,433
23,811
351
249
4,962|**Total**
**funds**
**2024**
**£**

94,415

43,656

4,011

4,589

2,791

750

3,065

6,193

1,278

203

1,328

2,989

45,433

23,811

351

249

4,962

240,074| |---|---|---| ||240,074|| Page 30 **FRIENDS OF THE ROYAL MARSDEN CHELSEA** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **4. TRADING AND FUNDRAISING COSTS (continued)** |Friends Shop & Trolley
Friends Café
Support Costs
Portfolio Fees
Young Friends Events
Christmas Cards
Bridge Evening
Carol Concert
Miscellaneous
Marketing
Staff Costs
Social Security Costs
Pension Costs
Depreciation
**TOTAL TRADING AND FUNDRAISING COSTS**|**Restricted**
**funds**
**2023**
**£**
-
-
-
7,000
-
-
-
-
-
-
-
-
-
-
|**Unrestricted**
**funds**
**2023**
**£**

83,530

31,989

4,721

75

1,940

2,594

1,393

7,999

(1,770)

370

21,595

265

163

4,926|**Total**
**funds**
**2023**
**£**

83,530

31,989

4,721

7,075

1,940

2,594

1,393

7,999

(1,770)

370

21,595

265

163

4,926

166,790| |---|---|---|---| ||7,000|159,790|| Page 31 **FRIENDS OF THE ROYAL MARSDEN CHELSEA** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **5. CHARITABLE ACTIVITIES** |**AMENITIES AND EQUIPMENT PROVIDED**
TULA - Mini Device
Cancer Services - Lifting chair for falls
Clinical Serices - Abbott I-STAT Alinity System
CCU - Clinical Trolleys x12
Fine Needle Surgical Instruments
Arts Forum
Coffee Machines
Catheter Tip Location System
Gamma Detection Probe
Video information project
Radiotherapy - Cushions for post treatment
Staff Training video
Happiness Project
Speech Services - Stack Deposit
Post-op Reclining Chairs
Garden Planting, Maintenance and Irrigation System
Branding stickers
Silk Orchids
Critical Care Unit
Christmas Presents and Gifts
Aromatherapy Oils
Christmas decorations
Birthday Cards
Medical Day Unit Tea Trolley
Fans
Fresh Flowers
World mental health day
Piano Tuning
Additional Stack Unit
Pilates Video for Patients
Sunflower Seeds/Pots
Weights/Clocks/Gooseneck for Tablets
Weddings
**TOTAL AMENITIES AND EQUIPMENT PROVIDED**|**Unrestricted**
**funds**
**2024**
**£**
9,875
4,040
6,501
13,082
1,506
6,000
13,074
5,000
20,239
900
907
720
3,600
6,519
2,530
1,283
1,626
308
123
1,787
762
35
70
1,349
891
368
221
324
36,935
600
50
775
240|**Total**
**funds**
**2024**
**£**

9,875

4,040

6,501

13,082

1,506

6,000

13,074

5,000

20,239

900

907

720

3,600

6,519

2,530

1,283

1,626

308

123

1,787

762

35

70

1,349

891

368

221

324

36,935

600

50

775

240

142,240| |---|---|---| ||142,240|| Page 32 **FRIENDS OF THE ROYAL MARSDEN CHELSEA** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** |**TOTAL AMENITIES AND EQUIPMENT PROVIDED**|**Unrestricted**
**funds**
**2023**
**£**
229,486|**Total**
**funds**
**2023**
**£**

229,486| |---|---|---| ## **6. STAFF COSTS** |Wages and salaries
Social Security Costs
Pension Costs|**2024**
**£**
23,811
351
249|**2023**
**£**

21,595

265

163

22,023| |---|---|---| ||24,411|| The average number of persons employed by the Charity during the year was as follows: Two (2023: Two). No employee received remuneration amounting to more than £60,000 in either year. ## **7. TRANSACTIONS WITH TRUSTEES** During the year, no Trustee received any remuneration or other benefits (2023 - £NIL-). During the year ended 31 December 2024, no Trustee expenses have been incurred (2023 - £NIL). ## **8. TANGIBLE FIXED ASSETS** |**COST**
At 1 January 2024
Additions
At 31 December 2024|**Café & Shop**
**Equipment**
**£**
62,369
1,793
64,162| |---|---| Page 33 **FRIENDS OF THE ROYAL MARSDEN CHELSEA** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** |**8.**
**TANGIBLE FIXED ASSETS (continued)**
**Depreciation**
At 1 January 2024
Charge for the year
At 31 December 2024
**Net book value**
At 31 December 2024
At 31 December 2023|**Café & Shop**
**Equipment**
**£**
38,551
4,963
43,514
20,648
23,818| |---|---| Page 34 **FRIENDS OF THE ROYAL MARSDEN CHELSEA** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **9. DEBTORS** |Trade Debtors
Other Debtors
**Total 2024**
Trade Debtors
Other Debtors
**Total 2023**|**Restricted**
**funds**
**2023**
**£**
-
45,433
|**Unrestricted**
**funds**
**2024**
**£**
2,400
35,772|**Total**
**funds**
**2024**
**£**

2,400

35,772

38,172
**Total**
**funds**
**2023**
**£**

3,157

256,683

259,840| |---|---|---|---| |||38,172|| |||
**Unrestricted**
**funds**
**2023**
**£**

3,157

211,250|| ||45,433|214,407|| Page 35 **FRIENDS OF THE ROYAL MARSDEN CHELSEA** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **10. CREDITORS** |Trade Creditors
Accruals
Other Creditors
Taxation & Social Security
**Total 2024**
Trade Creditors
Accruals
Other Creditors
Taxation & Social Security
**Total 2023**|**Unrestricted**
**funds**
**2024**
**£**
85,357
45,677
1,451
2,736|**Total**
**funds**
**2024**
**£**

85,357

45,677

1,451

2,736

135,221
**Total**
**funds**
**2023**
**£**

13,971

171,672

170

2,531

188,344| |---|---|---| ||135,221|| ||
**Unrestricted**
**funds**
**2023**
**£**
13,971
171,672
170
2,531|| ||188,344|| Page 36 **FRIENDS OF THE ROYAL MARSDEN CHELSEA** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **11. CHARITABLE COMMITMENTS** At 31 December 2024 the Charity had agreed to fund the following: |Olympus Voice recorders
Specialist Integra Surgical Headlights
Bariatric chairs on wheels
Female Pelvis Model
12 Recliners chairs
Isolated Limb Perfusion Probe
Pilates Video Series II
EMDR Bar lights x 3
Alinity ISTAT Creatinine Devices x 2
**TOTAL OUTSTANDING COMMITMENTS AT 31 DECEMBER 2024**|**2024**
**£**
2,864
22,000
10,020
690
24,000
30,255
660
1,305
16,403
108,197| |---|---| The Charity also supports hospital patients and staff by funding certain routine costs including: RDAC/Radiotherapy/Cryotherapy - Complementary Hot Drinks Refreshments for Well-being Events Piano - Maintenance Various items for Complimentary Therapies Roof Terraces and Gardens - Maintenance ## **12. Summary of funds** ## **CURRENT YEAR** |Unrestricted Fund
Restricted Fund|**Balance at 1**
**January**
**2024**
**£**
875,529
163,801|**Income**
**£**

423,381

-|**Expenditure**
**£**

(396,314)

-
|**Transfers**
**in/out**
**£**

163,801

(163,801)|**Balance at**
**31**
**December**
**2024**
**£**

1,066,397

-
1,066,397| |---|---|---|---|---|---| ||1,039,330|
423,381|
(396,314)|-|| Page 37 **FRIENDS OF THE ROYAL MARSDEN CHELSEA** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **12. Summary of funds (continued)** ## **PRIOR YEAR** |Unrestricted Funds
Restricted Funds|**Balance at**
**1 January**
**2023**
**£**
797,255
75,935|**Income**
**£**

541,496

31,020
|**Expenditure**
**£**

(463,222)

56,846|**Balance at**
**31**
**December**
**2023**
**£**

875,529

163,801

1,039,330| |---|---|---|---|---| ||873,190|
572,516|(406,376)|| There was one Restricted Fund, the WL Campbell-Paterson Will Trust, under which the charity is required to use all income from the Trust to provide medical equipment to The Royal Marsden NHS Foundation Trust. The Restricted Fund was made unrestricted during 2024 following a review of the will of the donor. ## **13. Analysis of net assets between funds** |Tangible fixed assets
Current assets
Creditors due within one year
**Total**|**Unrestricted**
**funds**
**2024**
**£**
20,648
1,180,970
(135,221)|**Total**
**funds**
**2024**
**£**

20,648

1,180,970

(135,221)

1,066,397| |---|---|---| ||1,066,397|| |Tangible fixed assets
Current assets
Creditors due within one year
**Total**|**Restricted**
**funds**
**2023**
**£**
-
163,801
-
|**Unrestricted**
**funds**
**2023**
**£**

23,818

1,040,055

(188,344)|**Total**
**funds**
**2023**
**£**

23,818

1,203,856

(188,344)

1,039,330| |---|---|---|---| ||163,801|875,529|| Page 38 **FRIENDS OF THE ROYAL MARSDEN CHELSEA** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **14. OPERATING LEASES** At 31 December 2024 the Charity had commitments to make future minimum lease payments under non-cancellable operating leases as follows: |Less than 1 year|**2024**
**£**
623|**2023**
**£**

6,255| |---|---|---| ## **15. DONATED SERVICES** The Charity received various free services from the Royal Marsden Hospital, Chelsea which, although theoretically possible, would be difficult to value, and therefore this is not considered to be worthwhile. These donated services consist of: Space for a small shop, shop stock, a small café, a small office and storage; Payment on postage of outgoing mail; Four computers, all of which are linked to the hospital network; one printer and, as necessary, computer service support. ## **16. RELATED PARTIES** Included in Donations is £1,158 (2023: £Nil) donated by Trustees during the year. ## **17. CAPITAL** Every member undertakes to contribute to the Charity in the event of it being wound up whilst she / he is a member or within one year afterwards, for the payment of debts and liabilities of the charity contracted before she / he ceases to be a member and the costs, charges and expenses of winding up and for the adjustment of the rights of contributories among themselves such amount as may be required not exceeding one pound. Page 39 APPENDIX I- PICTURE GALLERY & FEEDBACKS ANNUAL REPORT & ACCOUNTS 2024 TWO ALINITY ISTA T CREA TININE DEVICES CHAIR FOR INJECTIONS IN IMAGING 1 brn 5urÈ Patients wlll notic ma55iv•diff•rvnc• with th• n•w chalrand wlll be very happyto Use the probe and utilise somethlno •asl•r, •n4 Trnprov• vtI•￿t carè. Th•Trk you as well Joana. for taking the time present b•half of th• d•partrn•nt and doln9 a 9rMtlob. Thank you all. Best wlsh•s An• Ana Marqarld4 Rujs Radlolsotope 5ervlce Manager Nucl•ar M•dicin• and PET/CT D•p•rtrn•nt These w511 ènabl• th• MRI t•arn to bè •bl• to und•rtak• rapld analysis of a pall•nts rEnal funGtion frorn a blovd sample. By u5inq up to date blood rp5uIts, we can uStO do thi$fas￿r (within 5 minutes) to minimise d¢laVSto the patient pro¢ess and h•lps •nsur• Ih•y ir• at Ih•Srappolntm•nttlm•. Th• n•w prob• would •llow on• m•rnb•r of physics staff to att•nd thHtr• rithqr than tw•. currentiy.two members ol stall are required to set up the e4uipmenL Nlek Komawmy 12 NEW CLINICAL TROLLEYS IN CCU 1Sn5cal En9lne•rSnq Doportm•nt ThE Royal Mar5den NHS Found•tionTru5t Statt has been very complementary on theCCU trolleys th81 were pur¢hase4 ith thesupportfrorn the Friendsof LIFTING CHAIR FOR FALLS - CANCER SER VICES asyto manoéuvre. Plea5@ See b8low Some of the CCU nurses ¢ommenls. Yara Oliveira Matron torcritiral Car•, CCOT, R•susclt•tion and Paln Toam Thllnk you to all @Frl•nds of RO￿￿ll ChÈlsoa for 4llowlnq us to present and for pproying the grant request.your 5UPPOrt 90•5 a long way. But reqJrd7. Klm Christine Marie (Kim) urdEtt CDutts Ward M*n*ger for u5 bedside nurses The drgwer5 8re can access all ol them at the same titne.. 'Thank you to thé generous p8ople ¥vho don8tÈd thgsg items-your LEONARDO MINI DEVICE FOR TULA SLN DETECTION PROBE FOR NUCLEAR MEDICINE l am wrltSnq to uy• huq• thank yLTru fvrsupportinq the pur¢hase of the Le•n•rdo 'Please Nnd attached the picture5 ?1 our SLN prove. provlded $0 ThÈ Rtsyal Marsd•n Chelsea. It his t4k•n us i whll• to b• ¢onsidered i*ser$4fe but l am pleased to Inlorm you th•t we Completed tre4tment for our lirstfew ￿tIentStOd￿Y.T￿E patS•nt hÈM sn th• photo w•$ All the statthave been tr&ln•d, and •v•ryon• Is very ex¢ited and keen to Improv• ours•rvlc•s and p4tlent care puf¢hase was made byth* Frlonds and was •quillv deliqhted to bethe first patiènt t￿lted. Thinkyou mych to you and èll the Friends torour support. Joana" Joaha Dlas DÈputy S•rvl¢• Lead- Chelst Nucl•ar M•dScln• and P£TCT D*partment Thllnk5aqllin fDryDur Support. BW Becc Rtbe¢¢é Mértin Urology Friends of The ROYAL MARSDEN Chelsea BECOME A FRIEND Would you like to join Friends of The Royal Marsden, Chelsea as a volunteer or a non-volunteering member? Sign up on www.formc.uk BECOME A CORPORATE MEMBER Would you like to support a local charity as part of your corporate & social responsibility programme? Email us: friends.chelsea@rmh.nhs.uk SUPPORT US Don't miss out on forthcoming events. Check out for updates on formouk *90Y::, 1935- 2025 REGISTERED CHARITY NQ. 222613