THE FREENDS OF BRISTOL HAEMATOLOGY AND ONCOLOGY CENTRE
ANNUAL REPORT AND AUDrrED FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
Charfty No 264136

ThE FRIENDS OF BRISTOL HAEMATOLOGY AND ONCOLOGY CENTRE
ANNUAL REPORT ANO FINANCIAL STATEMENTS
YENR ENDED 31 DECEMBER 2024
The Trust was tstablished urwJ•r a trust deed in April 1972 in order to provide Telieflo pthnts al tho ¢enlre and to $uFwt th8 WO￿ ofth
c4ntre.
Tho Trust 1$ 8 i¢giitsred thority.
Pfesldent..
The Lord Mayor of Bristol
Officor
Chalr
Genaral Secretary
Trea8urer
Mrs O Grogono
Miss Fl Earltr
Mrs CM Owen
Mr S Blake
MTS A Carlton
Mr GJ Clements
Mrs L Densham
Mrs G Cr8a$g
Dr G Crichton
Mrs N Day
Mrs O Grogono
Mrs J Lothwood
Mr S Mocylon
Mr3 P Murphy
Mrs CM Owen
Mrs S Sims
Mrs A Thomas
Athisorn
Bankers
N8thMèI Westminsier Bank plc
Bristol Cty Office
Audittsrs
Charlton Baker (Bristol) Limit8d
1st Flcrf)r 61 Macrae Road
Ham G￿en
istol
BS20 ODD
Stock brokefs
pha Pcrtfolio Management
1 rhe Square
Templ8 Q[￿Y
Brisiol
Bristol Haematology aThY On￿￿9Y Centre
Horfield Road
8ristol
0117 342 3432
T•￿Phone

THE FRIENDS OF BRISTOL HAEMATOLOGY AND ONCOLOGY CENTRE
ANNUAL REPORT AND FINANCIAL STATeMENTS
YEIR ENCED 31 DECEMBER 2024
Tru8t•es' r•port
The twstees present their reput 8Th1 lh8 8udled financial statements frjr lh8 yèar ènd8d 31 D8C8rnber 2024.
The finanrAal statemenls have ￿eTh Wep￿￿￿ in accordan￿ wilh the Statement of Recommended Prac1￿". Accountirrfj and Reportiro by
Chantiès prèpating their a(Lounts in accofdance wrth the Fsn8ncial Reporting Standard applicable in the UK and Republic of Ireland
IFRS1021 aryj Ihe Finanaal Reporting Stsrthrd applicat)le In the United Kingdom and Republic of Ir•PdtKI IFRS1021 and the Charrti8s A
2011 And UK Generalty AttÈpt8d Practi￿ a$ it 8pplw 1 January 2015
Con8tltution and oblects
The Trusf wa5 consts'tuted under the model deed lor F￿ThJ$ of Hospita15. A revisgd constitution was adopted in Septemter 20Lb. The
prinrip81 obied of the Tw5t as set out in the constitution is to offer reliel to patients and former patients and to suppcrt the wotk of the
Centre.
During th& y•ai. rna¥> obieth.vas ￿ntinU¢d tts b¢ IlYJs* ol fundrsislng and man8gemènt ol th• portfdio. &nabling
financial sw)port to be gNen to lh8 Brstol Haw)atok¥Jy and Oncdogy Centre in respect of specific proiects.
The trustees confirm Ih8t they have ref8rred to thg guKlaKe contained in thè Charity CommtS5ioners' g8n8r81 guid8Trc& on pubb'c b8n8fft
vthen revwying th¢ Tnjsvs aims and Dblecives Bnd in plaming luture bjnding of the Centre.
Strneture and orgonSzatlon
rhe Tru3t 18 uninry)rpor8teJ and i8 8 regi4tered tharty. The trustees in offieR duiing the year and 8t the date of thi8 report set crtrt on
page l.
A main committee as set out In the constitutiors manages the Trust. Meetings are hehl quarterty and are atteTrJed by representstNes from
the h05Prtal. Trustee5 a￿ invited to join the committee by existing trustee5 or by ￿comMendatIOnS from hospital staff. In addibon to I
main cornmrtteè thara B an investmènt commrttè& whith has r6sponsrtJiltty for in￿S￿"ng th• Trust's TrsaNes.
The investment ¢oMrn1tt￿ is chaired by Mrs O Grogono. The ￿lDwing tru3tee¥ also serve on the ￿Mil$ee.. Mr GJ cfements, and Mrs
CM Owen.
Raview of activitia# and fviurn develowants
DuriThJ thg year Ihe Trust hes continued to raise money to tenefft thtr p*ients (rf The Bit8tol Haematoloyy and Oncol(yJy Cent￿. The
fundraising is largely carried out by voluntsers and Iha trustees are very gratefvl to the many volunteers who carried ¢Jth fvnd raisiThJ
on behalf of the TrustthJriTrJ Ihe year.
The Trust has, and wiu ccffltir4Je to. sipp(yt th& work of the hospital by flnawog yaiious capital and research proje¢A8 und9rtak?n by I
hospital and B¢istol Universty.
Flnonrlal activitlg8 and affair¥
The￿ hav8 be8n rKJ th8nge5 in the polioes ofth8 Trust during the ￿#r.
During the year inrx)miro resour￿5 from fundraising, donatKJns artd lega¢iè$ and iftvèsbnent in¢ome lotslbd £315,24612023." £221.487,
and expenditura on specific projèus amotsntad to £949,503 12023.. £140,2781. After deducting the chaws operats.ng expenses and
allowing for the realised and unrealised investment ievaluation su@u¥os resuttirg d?ficit for the ￿ar was £368.070 12023".surplus
252.1751.
At the year end the Twst's balance sheet showed total funds of £4.988,632 12023.. £5,356.7021 of which £4,￿1,402 12022.. £5,309,814)
wère unre8trthY IwKI8.
Pag& 2

THE FRIENDS OF BRISTOL HAEMATOLOGY AND ONCOLOGY CENTRE
ANNUAL REPORT AND FINANCIAL STATEhlEKrs
YE4R ENDED 31 DECEMBER 2024
Reserwei
The unresth¢ted ftJThY represents the a¢eurnulated $urpluso3 from previous years. The polKy of Ihe Tnjst is to bu*1 these reserves by
judiC￿u5 management ol invèthant assets to maximtse the Éncome available for fvt￿￿ yea￿. The eypenditLsre on thariiati￿ objectives
each year depends on requests from the h05Prtal management. All expenditu￿ 15 approved by lh• hosprtal management bèlor8 being
presèntèd to the Trustees * quartÈrly meehngs Th818v81 of rès8rv8s ss reviewed at the meelngs and decisions regarrting expenditure is
made by the Trustees ha￿ng gwen considerabon to available reserves and fvrKls already cryllmitted. The Trusteès keep suffiuent rèsaNes
to sypport any lorrfJ tsrn commitments to tre hospital. Surplus fgSafv85 hav• b6trn inbested to maximise #)come and ￿)nsequent
4nwd5tm8rts are a￿lIable to be 1g9lised Should charitsb￿ trxpenditum exc*J a¥ai18ble cash in bank.
The r¢stri¢tod lunds rgpre8gnl hekd tr spè¢i&¢ purposes as set out in note 12 lo the finarK5al statements
Tru•tsw' ￿ponsIbIlIty for the accounts
Law aFP1Kab￿ to charities in England and Wales requires the trust8es to prepare financsal statements lor each financial year. give a
tru¢ and fair vi8w of the finanry81 activit￿5 of the th8rity during the year aThJ ol its stsie of affairn at end of the year. In prèparing those
nancial statements trustees are required to..
1. Sa16Ct sthiabb a¢¢ounD"ThJ pol￿1&$ aThJ apply them ¢onsistenty',
2 M8ke judgrnent¥ aTrJ 88tirnate8 that org reason8bb and prudèn('
3. the methots and prirKiples in ts Charities SORP
4. Statg whether applicable accx)unting standards and ststernents ol récommendsd practts bg•n Ic41rrw8d. subJ8ci to any materral
departures diselosed and èxpL4in•d in the financial Statements,. and..
S. Prepare Ihe financial ststsments on th8 going con￿rn basis unles$ 4t 1$ inappropnats to pr8sumg that the Charity wll Contin￿ in
operatJ"on.
The trust&s arè r85ponsibk for keeping prLyer 8ecounting records. which disclose wilh reasonable a¢curacy at any b.me the finaneial
position of the charity and whith enable them to ensure that the financaal st*ements compty v47th Sact￿rt 130 of the chaiib.es Act 2011 and
ggneral FJW. They are atso responsib￿ for safeguaiding ass8ts of thè charty and hence for tsking reasonable 5t8P5 for Ihe prevention
d d•tethin of fraud and oth6r irrggulariti8s.
Rl8k managomgnt
The trust895 have assèssed the Major risks to which thè Trust is expo*d. in particu￿1 ItKJ5e related to the opelati0t￿ aThJ of the
Trusl, aryj are satisfied that systems are in pla￿ to rn￿ate eyposure to suth IBks.
InvestThent pollcy
The trustees have the Fth%Er to invest in such assets as they See ft.
Thè invÈstment o)mmittee meets st least three times È yÈar to féVKaW the investment Fortlolio aThl the cash requirements of the Trust FOT
the last few years the Trust's Inc￿Me has exceeded its requiTernents and as a result the investmènt stratagy is to invest in low and medium
ii¥k In￿entS to balance capital appTraation with a reasonabb incomè fiow to •nabl8 the trust to meet its o*ctives.
Approv￿ by th• tru8ts08 on 24nd 8lgngd on thelr b•half by:
Carnline Ow•n
Tru$te•
P¥3

INDEPENDENT AUDITOR'8 REPORT TO THE TRUSTEES OF The FRIENDS OF BAISTOL HAEMATOLOGY AND ONCOLOGY
CENTRE
Optnlon
We have audited the finano81 statarn&nts of The Friends of Bristd Haernatology aThJ Oncology Centre lthe'ChanWI for the year ended 31
t)ecèmber 2024 whith cLJmprise the Statement of Financial A¢tivities, B8lan¢e Sheet. Statement of Cash Fk)vrfs and notes to th* financial
statements. inclurjing a summary ol signifirant accounting pdicie5. The financ￿1 r8ports.ng tramÈwork that has been applied in their
t)repai8t'on is applicab￿ law and United Kj'ngdom Ae¢ounb"ng Stsndards. i￿UdI￿ Financial Reporting Standard 102.. The Fin8nck*l
Reportirsg Standard appli¢the in the UK and Republ￿ of IrelaThJ (United K¢ffjdc¥n Geneiamy Ac(wted Accountin9 Pracb'ce}.
In our o11n￿Th, the financAal stat8m8nts'.
' givè o true and fair view of the state of thg Charitys 8lTrair¥ 98 al 31 December 2C¢24 and of ts incx)me and expemdlture for the year then
ended.,
. have been propeTty prepared in aeeor(Janc8 with United ￿'r￿JdoM GeneTally AC￿￿ted AccounlAI9 Prath"ca',
• been preparwj ut ?cGwd8n¢e th the wulrements ofthe Cha17t￿ Act 2011.
Ba•1• for Op￿￿On
We condvcted our audit in aC£ordar￿ with Intemational Standards on Auditing IUKI {ISA8 IUKII and appltcable law. Our responslbllrties
under those standards 8re further describpd in the Audrtofs responsibilth.es for the au(Ift of the finanoal statements section of our ￿pOrl
ar8 Indyndent of the Charity in accordance wilh th8 OthiL¥I r9quirernents that are re￿Vant to our audit ol the finanaal statements in
the UK. induding the FRC'S EthiGg1 Standard, and we have lulfiRed our Dlher elhical Tesponsbilities in ac￿rd￿n￿ with these requirements.
We bdieve that the audrt e￿￿en￿ we have obtained Is SU￿￿ent and appropn* to promde a basis forour opin￿n.
Concfuslons relatlng to going concern
We have nothny to report ￿ respect of the f￿loW1ng matters in relth.on to wh￿h the IW {UKI require to report to you where..
. the tnJste6S' of the gO￿g concem basis ol atcoullting in the preparation ol the fin8ncial statements is not appropriate,. or
•the trustees have not dis¢losed in thg finaniaal statements any hlentifred material ￿n￿rtainlIeS that may cast $wJnifica#t doubt about the
Ch2rrtVs 8￿IrtY to CDntMue to ayopt the going concem ba&s of a¢counling for a period of at least tAve months from the datè when th&
financial statements sre 8uthoris8d for issue.
Other Informailon
The trustees are reSpC￿s1b￿ forthe other infonnation. The other information comprises th8 infomiats.on Niduded in the 8nnual rèport other
than thg financial statements aThJ our auditor's report there￿. Our opinion on the financial statements does not cover the tsther 1nfomiab.ttn
and. exceptto th• txtent othgLWi5g eXplic￿Y stated in our report, we do not &j￿re$S any fr)mi tsf assurancg conclusion thgreon.
In connection wrth our a￿lIt of the financo18¢8t8ments. our ￿ponsIbIlIty Is to thè other infom&titsft and. in doin9 $0. cnnsider whether
the othol infofmation Is materialty inconsistent with the ffinaneial $18t8m8Ttts or our knowledge obt&"n&J in the aLpJrt or otherwise appears to
be materially misstated. If we Klentify such m8terial inconststsn(ies or apparent mgttsrkgl mssstsl¢ments. we are required to detem)ine
whether there ss a material misstatement in thè fin8nc%al statements or a material misstatement of the other infomiation. If. b*ed on th8
work we hava perforngd. we condude that there is a material misstatement tsl this other information, we are require(1 to report that fa(a.
We ha* nothing to report in Ihi% regard.
hlatsr¥ OTr whlch wg ar• rwulred to rèport by ax￿pIlO￿
In li9ht ol knowledge and understan(Sing of the Ch8rity al￿ its ènvironment cètained in the course of tho audth. not *I8ftbfjed
materiat rnisstaternents in the Trusteos. Annu￿ ReporL
Page 4

We havè nothing to report n respe¢t of th& I￿loW1n9 mattars in relation to which the Charftth Act 2011 requirgs us to raport to if, in our
opIn￿n..
•suffi¢ient accounting récords have not been kep(.
. the financial statements are not in agreement with the accounting records and relurns,. or
•w¢ have not obtsined all the inforynatson and expL8natsons necessary 191 th¥ purposes of our audiL
R•spon81ts11Stlos of the trustee8
As explained mcye fully in the twstees, rewn81￿M￿.es Statement set out on page 3, the trustees are re8ponsitAe forthe PTeparation of the
financial 5taternerits and foT b6sng satisfied that they give a truè and lair wew. and for such intemal c￿ntrol as deterrnin8 is fwessary to
gnable the pr8parab.on ol financial staten)ents that are fr* from matsrial mvastatement, whether due to fraud or $rror.
In preparing the financ4al ststerngnts, the trustees are responsib￿ fDr assessing the ChanlY$ a￿"lIty to conts.nue as a going CcM￿m,
disclosing, 8$ apwlicable, matters relaled to 90ing ￿nCeM and using th8 gtsing concèm basis of accountirg unlgss the trustees eith8r interyj
to liquidate the Charity or to CA8s8 opèr8tions, or havg no realisl'¢ #￿emati￿ but to do so.
Our respon$5bllJtle8 for thè Audlt of th• financlal statemgnts
K•y audlt matt•rs.' our a￿￿rn*nt of rL•k8 of mat•rial ml$$tatsment
Key audit malters ?re those rnatters that in professsonal iudgernont were of most signifiC8n￿ in th8 audtt of fInar￿la¢ 5tatemeftts and
indude the most sKJrtthcant assessed T%sks of rrtateri81 misstatement Iwhether or not duo to fraudl ￿entified by us. induding those
had the greatest effect on the ollocation ol ro$ourcè$ in the aLKlit. and directing th8 efforts of the engagèmént team. There are no key are&$
identified as the audit lo•J nsk no￿al awlit woc&Jures a¢lequote in all audrt ale8S.
Wg a9￿d to repDrt to lh8 board of Irustees ary corrac￿j or uncorrected identifEd misstatements
Id•ntsfying and rèportlng of rl•k8 of matsri41 miaststemènt due to fr4ud
To ¥Jèntify r(sks of material misstatemert due lo fra4KI wtr assessed events or condth.ons that coukl indicate an incènb.vè or pressure to
cnmmit fra￿1 or pro¥￿￿ an opportunty to c(vnmit fraud. Our risk ass8ssmant prO￿d￿re$ Indud￿..
li) enquiring of the trustees and inspection ol kny p8peis provided to thw charged with govemanee as to hbJh bvel pollaes and
procedures to prevent and detect fraud.
lill ravièwin9 the minutes of trustees, maatings.
We r￿MmunICated id9ntified fraud risks thiougttout the audst team and rgmalnad alert to any indir2tths offraul through)ut thg 8wth't.
As iequired by Audrts'ng Standards. and tsking into a¢o)unt our overall ol thg control ￿virOnmert we perfomed procedures to
assegs the rssks of rnanagement ovorrida of c1)nt￿lS. To address thè paJvasNe risk as it re18tad to management override ol ¢gntrols, we
raviowed matérial journal •ntMs and 89re8d thèsè to supporting docvmentslion Whe￿ appropriate.
1dont￿n9 and r•#pondlng to rlsks of mat•rfal rn18ststsm•nt du• to nonrfompliance with la￿ and regulations
Vva Klentifred areas of law5 arKJ Wula￿nS that c￿￿ky r8230nabty be expec*d to ha￿ a materfal èffect on Ihe finan¢i818tatements from our
general commercial and sectw ex￿[￿nc& and through discu$$ton with tt)e Treaswer. As the charity is tsgulat8d, our assessrngnt of risks
inwlvs(I gainir¥J an U￿1￿[Sta￿J1n￿ of the ￿n1rd eft¥ironm&nt includir4J the enbtys Pfocedures for complyng wth regulatory reqUIr￿nents.
Page 5

We communicated identif*d lawts and r8gul?tions throughout our tsam and remainéd a￿rt to any Indi￿￿On$ of non-Q)mplkanc* throughout
thè 8udrt.
Aud￿n9 Stsndards limit tha r￿UIred audit PT[￿edureS to tdentfy non-compliance with these law5 and regulations to enouiry of management
and trustees and inspection of regulatory and bgal ¢orrespondence. if any. Therefore, rf any breath of 0￿rational regulati￿￿ i8 not
disdosed to US Of evYJent from relevant corre5pon¢jan￿, an audrtwll not det6Ct that breach.
Limitstlon8 to th• ability of tha audlt to dele¢t fraud or Ix8ach8$ of Ipw$ and ￿gulatIOn
Owing to the inherent Imita*on of an audrt, thère ￿ an unavoidable risk that w may not h8V8 detected some material mtsstat•ments in
financial statemonts, tIKJugh we have properly planned and pgrfomed our audit in accordan￿ audrting standards For exarnph,
thé furthèr removed non-compliancg with law5 and regulations i8 from the events aThJ trans8d10t￿ reflecthd in the financial st81￿￿nts. the
less likety the inherentty limited prO￿d￿re$ raquirsd by AtKlthg Standards would tdgntrfy rt.
In 8dditii)n. 83 with any a￿1&1, thérè rémained a h%Jher risk of non4trtectitsn of fr8Ltd, 85 this rnay involve collLTrSiOn, forgory. irtentiDnal
omissions, mYsr&presentats"ons, or the overrKl8 of internal controls. Our aLMJst pro￿dureS are dÈsisned to detect material misststemen( and
therefore we are not rB5ponsible for F¥eventng non-compliance or frgud al￿ onnot tr* expected to detect Tron-compliance wth 811 law3 and
regul3tions.
A further descriptith of our iesponsitilities tc*the aLKlitof the financial statements is located on the Financial Reporting Counc4's websit6 at
ww.Irc.org.ukloudrtorsr95Fonsiblits'e& This descripti￿ lomi$ part of our 8udrt¢rfs report.
UB? of our report
Teport is made soklyto the ChgriW$ trustee5, as a body. in acCo￿n￿ kmth seditsn 144 ofthe Charities Acl 2011 and th• ragUlat￿n5
made undar section 154 of Ihat Act. Our audit worf( has undertaken so that we rnight state to the ChariV$ trustses ihose matters we
are required to Stale tts them in an auditorfs report and for no oth81 PUtP058. To the luljest extent permitted by I￿, we do not accept OT
assume responsibility tr& anyone other than the Charitys trustses as a b(xly, for our audit work, for this raport, or for thè optnions we have
Paul Crrdland
Chsrlttsn Baker (Bristo4 Ltrj ICharter8d Acwuntsnts and Statutory Auditorl
1 Flwr, 61 Macrae Rc*d
Edgn 8wine5s Park
Harn Green
Bristol BS20 ODD
25
P890 6

THE FRIENDS OF BRISTOL HAEMATOLOGY ANO ONCOLOGY CENTRE
STATEhlENT OF FINANCIAL ACTIVITIES
YEAR ENDED 31 DECEMBER 2024
2024
Restrict•d
funds
2023
Unrgotrlcted R08trfctod
lund
funds
Unrè8trl¢ted
fund
Totsl
Totsl
Note
Income #nd èndowinants
Don8ts"ons a￿1 *xies
Other tr&Jbng actmties
Investment income
143,052
44,852
108.521
18,564
161,616
44,852
108.778
83.111
26,718
109,829
2.836
108,822
2,836
108,537
257
285
Total
29S,425
18.621
315,246
194,484
27,003
221,487
ExpendthJFe on
Raising funds
charitab￿ acti*it
20,OS5
98.112
20.035
999,372
2,283
184,070
901,280
86,S56
97,514
Total
118.147
1,260
1,019,407
86,819
97,514
186,333
Net incom•
178,278
1882,4391
1704,161}
105,665
170,5111
35.154
Transfars
Gross transfers ba￿￿en ftjnds
Net in¢omo t6fore other
r•cogntsed gains and
108898
ie62,7811
8e2,781
167.2691
67,2e8
ie84,$031
119,6581
1704,1611
38.397
13,2431
35,154
OTHER RECOGNISED GAWS
(Lossèsllgèins on investrneftts
Realrsed gasns on dy)0s81s
60.804
83,313
83,313
Unrealised gain8lllossg51 on
r&valuth"ons
275,287
275,287
133,708
133.708
Net mo¥wn•nt In fund
1348,4121
{19,6581
{368,070)
255,418
13,2431
252.175
Total fund¥ broughtfor*ard
5.309.814
46,888
5,356.702
S,054,396
50,131
5,104,527
Totsl fundè eattl•d lorwanl
4,961.402
27,230
4.988.632
5,309,814
46.888
5,356,702
All actNf(ies relate to Cx)nlnuing 0￿ratiOnS.
I galns and losses recognised in the ￿ar are included in Ihe Statement ol Financial A¢tMtitrs.
Pag6 7

THE FRIENDS OF BRISTOL HAEMATOLOGY AND ONCOLOGY CENTRE
BALANCE SHEET
YEAR ENDED 31 DECEMBER 2024
2024
2023
FIXED ASSErs
Inv8slments
4,889,241
4,603,040
CURRENT ASSETS
t)ebtors
Cash at bank and ift hand
10
75.000
43.480
118.480
1.549
759,641
761,190
CREDITORS: amounts falllng dug wlthln on•
11
19.089
7,528
Net C#JKrent assets
99,391
753,f62
Total assets less curront Ilabllltl&s
4.988,632
5.356,702
Funds
Unrestrici6d luTh
12
4.￿1.402
27,230
5,309,814
R￿trIcted fund
4.988,632
5,956.702
Approved ￿ athorised for Yasue by the Trusl8e8 on $141 q• ¢3
and $NJrwJ on It￿tr b&half by
Mrs O GrogoTh)- Chair
OG
The notes on pages 10 to 15 fomi an integral part Of1￿89 accounts.
Pgge 8

THE FRIENDS OF BRISTOL HAEMATOLOGY AND ONCOLOGY CENTRE
STATEMENT OF CASH FLOW
YEAR ENDED 31 DECEM8ER 2024
Total Funds
2024
Totsl Funds
2023
Noté
Ngt ¢4oh 9on*ratod by operating acti¥ltl•#
15
1874,8291
146,8691
Cash frcm7 investing actiV￿e$
Intgrost and I￿￿￿endS
Tr&n5fgr from stockbrc&9r
108,778
49,889
108.822
25,683
Caah providgd by invè¥ting a¢tlvilia#
158,867
134,505
Chany In Cash and cash 0qulva￿nts In th•y•ar
(716.162)
87,636
Cash and (ash equNaknts brought forward
759,841
672.(X)S
Cash and fAsh •qui¥alents ¢arrfed fov*ard
43,479
759,641
Pag8 9

THE FRIENDS OF BRISTOL HAEMATOLOGY AND ONCOLOGY CENTRE
NOTES TO THE FINA￿lAL STATEMENTS FOR THE YLAR ENDED
31 DECEMBER 2024
Accountin9 pollcl•s
Basis ofprepaiation 8nd assessment of going con￿r￿
The finanaal statements have b¢on prepared under tho histofical cost convÈnb"on, 8$ modhfjed by the reVa￿allOn of c¥rtain ftxed assets,
and in acco¥dancè with the Staterngnt of Recomm*ndsd Practi￿ 'Accounts"ng and Repoth"ng ty Ch8rllTes pr0p3ring their accounts in
ac￿rdanCe with Fft)ancial Reporting Standard applicaue in the LIK and Republi¢ gf Iretand, {FRS1021. applicabk accounting $tsndards WKI
the Charities Act 2011.
Th• Trust thnstitutes a public t￿rrt 8ntity as defined by FRS102.
Incomlng re80UfC•S
Donations are a¢rx)untecl for when re￿1Ve￿ by the Trust and legacies are rety)gnised wh8n it is pYd)atrAe that they v*ll te receNed. Oth
income 15 accounte(I for on ¥n accruaL8 basis as lar as rt is prudènt to do 80. Incnm$ I￿￿L￿Je3 income tsx recovwabje.
R88ources expended
LBbilibes are recogni58d as soon as thore is a legal or construth.ve obligation ¢ornmtiti'ng the charity to thg expenditurè. I￿1 ayndit￿• is
a¢counted for on an accnsals basis ar]d has been ¢J8ssthed under headings that 8gJre9ate all costs related to the caiegory.
ChaTitabkg eXpenortu￿ ¢omprise3 thw costs incurred by the charity in the delNery of rts aL¥J"Wt￿$ arny seNKes lor its ben*iarEs. It
incltsdes both costs that can b& directy altocated to thg activity and indirect Costs required to support the ￿)rk of the chwity.
Gifto In klnd
The Trust reco1￿5 tha beneff( of work ¢arried out by voluntsgrs and ts all¢xated a room al the Cgntre free of charge, No value is placed on
these iteffls.
Taxation
As a registered charity, the trust is exempt Ironi tax as it has no tsxable 8CtivitEs. IT￿￿rable VAT borrÉ by thg Tru$l 1$ Indu￿ in the
cost of Ihg rtem to whth it relates.
Inv￿￿ents
Investment inwmo IS taken into a(xount on the basL% of the due date tsf paymtnt. Invgstments are a fomi of basic financ¥al instrLMnent and
are inthally rwnised * their trarr&acbon value and subseqvenuy measured at t￿1r fair va￿$ as at the balance Sheet date using the
cl¢sing quolecs market All gains and105ses, thether r8alised or unraalis8d are credited or charged to the Unrestricted Fund.
Fund ¥￿OUnt1￿9
Unrgstiict&J in(¥me ￿ndS are g¢neral fu￿1$ that are avaikble for use at Tru9t￿, discretion in fvrtheran￿ of the ci)iectNes of the
charrty.
Restricted funds are thos8 donated for use in a partiujlar aroa or fora 5peufic purpose, Ihe use olwhth b rests¥Xed to that area.
Detsils olthe nature and purposÈ of each fiJTrl is set oui in note 12.
Governance ¢OBts
Govemanrg costs incjude costs of the preparation and examinalK)n of the Report aTrJ Flnanci81 StstEmgrt ¢o¥ts rdating to Tr￿￿.
meebngs and any legal costs relatiro to governan￿ and constitutional mattgrs.
Trans￿tionS wlth Tru8tee8 and oth•r eonn•¢ted pernon8
No transacI￿nS took place tr*￿en the Trust and th• Trustees ￿ any Fer50ns conn￿ed *ilh tkn.
Pag9 10

THE FRIENDS OF BRISTOL HAEl•lATOLOGY AND ONCOLOGY CENTRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 DECEM8ER 2024
Donaliom and legacig¥
2024
Restricted
fund
2023
Unr••trl¢ted R￿trICt*d
fund
lund
Unr•strt¢ted
fvnd
Total
Total
Donations
Tax Tthnds
60.534
7.518
75,000
18,564
79.098
7.518
75,C(rf)
71.091
26.718
97.809
12.020
12,020
143,052
18,564
161,616
83,111
26,718
109.829
4. Othw *¢tMl•8 to g•nerate lund8
2024
R•strlcted
fund
2023
Re8trictod
fvnd
Unrgstrietèd
fund
Unréstrlct•d
fund
Tot•1
Totsl
sa￿ of merchandise
1.275
43.S77
1,275
43,577
2.836
Events Nn by the trust
44.852
44,852
2,836
2,836
& Inv•¥lm•nt ine¢)m•
2024
R•8tricted
lund
2023
R•strlct•d
fund
lJnrèstri¢tofl
fund
Unre8trfctsd
fund
Toi•l
Totsl
OivKleNJ$ from UK l%%ted
investrnents
Interest receivable
98.972
9,549
98,972
g.8r
97.415
11,122
97,415
11,407
257
285
108,S21
257
108,778
108,537
2&5
108,822
6. Rai8ing Fund8
2024
Unregtrlcted RgStri¢tsd
fund
nd
2023
Rèstrlctèd
fund
Unfestrlcted
fund
Total
Total
Purchasè ol itams foi sale
Cost of evgnts lun by Ihe TftKst
2,263
19,049
19,049
20,03S
20,035
2,263
2,263
P•3&11

THE FRIENDS OF BRISTOL HAEMATOLOGY AND ONCOLOGY CEKfRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 DECEMBER 2024
7. Dgtalls of Charftatsl• Actlvltl•s
2024
Rèstrletèd
fund
20ZJ
R￿trictfjd
fund
Unrt8tAet¢d
fund
Unr•8trlet•d
fund
Totsl
Totsi
rants and Donatlon8
Equipmènt purchase
Rgsearch $4laries
Patient thefapy
Pthnt amensbes
Paknt granls
Course5 trdining library
Support Costs
Insurance
821,832
77.758
821,632
93,371
18,000
5,405
1,870
9,225
91,427
91,427
14,80S
14,450
6,480
5,447
7,668
15,613
18,(KM)
5,405
14,8C6
14,450
5.840
640
5,447
1,B70
9.225
1,065
9,619
25,871
2,169
Em(Aum8nts of emplo
Stod(brok8f s fees
Soc4al media
offi￿ cnst
G0￿m￿ne• costs
11,C69
27,097
4.230
1,779
17,069
27,097
4,230
1,779
9,619
25,871
2.169
Audltofs remun¢r*Éon
5,070
5,070
98.112
901,260
999,372
86.556
97.514
184.070
8. Stsff
Stsff costs were as folbws..
2024
2023
Charga for salaries from Universty Hosytsls Bristol NHS Foundation Trust
11,¢
9.619
Thgro was employee througl¥)ul the year. Th¢s wrployee not r￿lY? gmolumgnts ofmore thon £60,CNJI.
No trustees have re￿IVed any remuneration or ￿1MbUrSed eyens¢s during th& ￿81. nor any thjsteè have 8 disdosable interest in any
of thè eharitls transaetions.
pa￿ 12

THE FRIENDS OF BRISTOL HAEMATOLOGY AND ONCOLOGY CENTRE
NOTES TO THE FINANCIIL STATEMENTS FOR THE YEAR ENDED
31 DECEMBER 2024
9. Flx8d a8s•t in¥•stmont*
2024
2023
UBted Inv••knents at rnark•t
value
O¥erse¥s Equity Shares
UK Equity shares
P￿0￿erty Trust
Altgm8tW85
FiKgd intsrest bonds
2,516,423
932,414
47,700
197.100
889,458
4,583.095
306.146
1.741,2eO
1.841.861
96.705
198.164
912.982
4,590.772
12.268
4.603,040
Cagh
4.889.241
H8torleAI cost ol Itsted Investments
4,051.271
4,334,236
Llgtsd
Inv￿tr￿ents
Cash
Totsl
Markét Value..
At 31 D￿rnber 2023
Add￿"onS
Disposals
lnuease in value in year
Transfer to Incoma
4,59).772
1,619.242
11,902,2C61
275,287
12,268
1,963,009
(1.619,2421
4,603,040
3,582.251
13,521.4481
27S.287
149.8891
149,8891
At 31 Oettmb8r2024
4,583,095
306,146
4,889,241
At 31 Dèixnbèr 2024 thèré werè hvo holJitvJs with a market valu8 in 6X￿$S of 5% 01 the total value A httlling ol S&P I shares had a
market value of £512,213 and a hokying of Vanguard FTSE Developed Worfd hwl a markat value of£498,474.
10. D•btor¥
2024
2023
Prepaid exp&ws
LgJacAes due
1,549
75,1XJO
75.000
1,549
11. Cr•ditorn: amounts falling du• wlthln one year
2024
2023
Acuued expenses
Unpwd invol￿S
4.800
14,289
4,500
3.028
19.089
7,528
Page 13

THE FRIENDS OF BRISTOL HAEhlATOLOGY AND ONCOLOGY CEpifRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 DECEMBER 2024
12. Fund$
At31
Decèmb•r
2023
TrdnsfBrs
b•lw8en
funds
A131
Decembgr
2024
Incorning
Resourc•s
expended
Ro8lrlctsd Fund8
Equipment fund- to purchase and maintsin
medical equipment
Research Fund- to fvftil rèsearth projects
Mat5dgn beque31- to fjjnd research s8krias
Earrnarted fund- gilts for other puwe5
13,982
238
821,631
77.758
807,649
55.132
22,388
1,485
23.015
46.888
19
1,504
25,726
27,230
4,582
18,821
1,871
901.260
862,781
Unrestii¢tod fund$
General fvnd
5,309.814
S,356,702
632.516
651,337
118.147
1,019,407
1862,7811
4.961,402
4,988,632
13. Analysis of ngt betwMn funds
Unrestiicted
Funds
Restricted
Fu￿$
Totèl Funds
2024
Investhients
cul￿nt ass&ts
4,889,241
91,250
119.0891
4,961,402
4,889,241
118,480
119,0891
4,988.632
27.230
Credrtors due %4Athin one wr
27,230
14. Approved futur• fundlng
AE 31 D8(8mbfyr 2024 the trust had entered into the fomowing fwid*w c(*nrnitrnenls.
Coursos for hosprtal staff
Infom)ats"on support and research salar￿S
TYA rDmplimentary therapies
Prgctib'oner for CART ￿11 therapy
Auto outlining sofNvara
Brachytherapy HDR
Bariatic trolley
ECG Picc Equipment
Pi¢c rocKn char
Steev Phantom
Wheelchaits
16,(￿)
26,000
40,￿0
89,300
53.874
318,000
25.000
10,400
5.950
31,233
1.600
Psgè 14

THE FRIENDS OF BRISTOL HAEMATOLOGY ANO ONCOLOGY CENTRE
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 DECEMBER 2024
16. Re¢on¢lllatlon of n•t rnowment In fund8 to ¢a$h Ilow trom operatlng actlvltltts
2024
2023
Net movement In funds
Less investment incorne
1368,0701
1108,778>
1338.0911
(73,451>
11,561
252.175
1108,8221
1217.0211
28.451
11,6521
Less losslgains on investrnents
De￿aSe111ncre8seI in debtors
{Detrtras*yincrease in crediiors
Nèt cash gtrner8ted by operating aciiwiti8S
1874.8291
146,8691
P¥15