Friends of EORTC
Annual Report and Accounts
31 December 2022
Charity Registration Number 272818
Contents
| Reports | |
|---|---|
| Legal and administrative information | 1 |
| 2 | |
| Independent auditor | 8 |
| Accounts | |
| Statement of financial activities | 12 |
| Balance sheet | 13 |
| Statement of cash flows | 14 |
| Principal accounting policies | 15 |
| Notes to the accounts | 18 |
Friends of EORTC
Legal and administrative information
| Trustees | Comte Diego du Monceau de Bergendal |
|---|---|
| Edward Chandler (resigned 1 March | |
| 2023) | |
| Duncan Jodrell | |
| Caroline Artis (appointed 28 March 2023) | |
| Registered office | 180 Piccadilly |
| London | |
| W1J 9HF | |
| Registered number | 272818 |
| Independent auditor | Buzzacott LLP |
| 130 Wood Street | |
| London | |
| EC2V 6DL | |
| Bankers | Coutts & Co |
| 440 Strand | |
| London | |
| WC2R 0QS |
Friends of EORTC 1
31 December 2022
The Trustees present their report along with the accounts of the Friends of EORTC (the Charity) for the year ended 31 December 2022. The accounts have been prepared in accordance with the accounting policies set out on pages 15 to 17 and comply with the porting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and
Structure, governance and management
The Charity was established under a Trust Deed in 1976 and is registered with the Charity Commission under charity number 272818.
The Chairman, Comte Diego du Monceau de Bergendal, was appointed a trustee in 2015 on the retirement of the then Chairman, Sir Christopher Mallaby. His fellow trustee, Lady Solti was appointed a trustee in 1998 and Mr Edward Chandler was appointed on 7 October 2020, coinciding with the resignation of Mrs Victoria Agnew who had dedicated 22 years to her role with the organisation. Mr. Duncan Jodrell was appointed on 10 November 2021 to replace Lady Solti. Mrs Artis was appointed on 7 October 2022. Mr Edward Chandler resigned on March 1, 2023. There is no time limit on the tenure of the trustees. The trustees meet twice a year.
The Board keeps the skill requirements for the Trustee Body under review and in the event that a trustee permanently retires or additional trustees are required, the Board would put in place appropriate procedures to recruit the new trustee(s). The Board would also ensure that appropriate induction and training is provided to all new trustees.
Statement of trustees' responsibilities
The trustees are responsible for preparing the trustees' report and accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these accounts, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the accounts; and
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prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
Friends of EORTC 2
31 December 2022
Statement of trustees' responsibilities (continued)
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Risk management
The Charity does not have any employees, significant contracts or material investments nor is the Charity dependent on grant funding from external sources to maintain its charitable activities. As a result of these limited activities, the Charity is exposed to few significant risks. The principal risk faced by the Charity would be the failure to generate sufficient donations to cover the costs of organising a fundraising event. This is mitigated by the Charity, wherever possible, by raising funds in advance of costs being incurred; carefully planning its fundraising events; targeting known supporters of the Charity and closely monitoring fundraising costs and donations. Risk assessment in relation to the coronavirus pandemic is set out on page 6 of this report.
Objectives and activities
EORTC was set up in 1962 by leading cancer specialists in the EU and Switzerland in order that research on treatment of cancer could be co-ordinated and carried out on a European scale, thereby avoiding duplication and achieving economies of time and money.
The primary object of the Charity, as stated in its governing document, is to support the charitable objects and purposes of EORTC Cancer Research Fund AISBL (ECRF), a charity registered in Belgium. The ECRF was established in 1976, as The EORTC Foundation. This charitable trust was established to support the activities of the EORTC.
The ECRF supports the activities of the EORTC through annual grant payments to the EORTC which are used by the EORTC to fund research into cancer treatments. The Friends of EORTC supports the ECRF by organising fundraising events in the UK and by a major fundraising initiative. The funds raised by the Friends of EORTC are then used to support the activities of the ECRF. The Friends of EORTC makes donations to EORTC on an adhoc basis, as determined by the Trustees.
Achievements and performance
Financial review
The income of the charity declined over that of the previous year, however the major fundraising initiative continued, and national and private donations were received in 2022. The charity received donations from its supporters amounting to £224,891 (2021 £256,180).
Interest and foreign exchange
The Charity earned £203 in interest in 2022 (2021 £26) and booked no foreign exchange gains (2020 none).
Friends of EORTC 3
31 December 2022
Achievements and performance (continued)
In late 2011, the EORTC Cancer research Fund (previous EORTC Charitable Trust) entered into a Partnership with Walgreens Alliance Boots (previously Alliance Boots) and its group of companies to create the first pan - European Biobank in advanced Colorectal Cancer, the main facility for which is now in full operation in Dresden. Walgreens Alliance Boots and its this important EORTC research resource. The scientific planning for this major project, named SPECTAcolor by EORTC, commenced in the spring of 2012, with the establishment of Biobanking facilities in Dresden, the infrastructure and the identification of participating hospitals and institutes.
The success of the pilot SPECTA platform for advanced colorectal cancer (SPECTAColor) has led EORTC to create similar biobanking platforms on other disease types. All those platforms merged in a single one called SPECTA for all cancer types including rare cancers in 2018 with a central Biobanking facility in Luxemburg. WBA and EORTC renewed their partnership in October 2018 with a new 5- reinforcing recognition of the SPECTA platform as the leading pan-European translational research infrastructure.
Alliance Healthcare & AmerisourceBergen
In June 2021, WBA announced that its Alliance Healthcare businesses was sold to AmerisourceBergen Group. Since then, Alliance Healthcare is a wholly owned subsidiary of AmerisourceBergen and continues its support and commitment to SPECTA under this new ownership. The partnership with Alliance Healthcare under the umbrella of
SPECTA Achievements & Performance in 2022
In 2022, 29 new cancer researchers joined the SPECTA platform, from the Czech Republic, France, Estonia, Germany, Italy, Portugal, Romania, Slovenia, Spain and Switzerland. We are proud of our SPECTA network, active throughout Europe. More than 600 cancer patients were confirmed eligible to participate in one of the SPECTA downstream projects.
Since its activation in 2019, today SPECTA counts:
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Over 2700 registered patients
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153 research doctors from 19 countries (Austria, Belgium, Croatia, Cyprus, Czech Republic, Estonia, France, Germany, Greece, Italy, Lithuania, Netherlands, Poland, Portugal, Romania, Slovenia, Spain and Switzerland)
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Over 1700 individual genomic profile reports to patients
Friends of EORTC 4
31 December 2022
Achievements and performance (continued)
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5 downstream projects: 2 in final analysis, 2 open to patient recruitment and 1 in development
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A team of 20 people at EORTC HQ dedicated and involved either in the platform or its downstream projects.
Alliance Healthcare & AmerisourceBergen 2022 Contributions
EORTC is proud to continue its partnership with Alliance Healthcare and count AmerisourceBergen as its partner. Following the updated agreement between Alliance Healthcare as a fully owned subsidiary of AmerisourceBergen Group and the EORTC Cancer Re
September 4th, 2023, has been agreed in support of the EORTC SPECTA platform.
generous contributions to the SPECTA platform are being allocated. Table 2 provides the total contributions from June 2021 to November 2022.
Table 1 SPECTA Budget Allocation 2022
----- Start of picture text -----
SPECTA Platform Activities
2022 Allocation of budget
Site activations: including site set-up fee
and HQ team effort for the contract set-
up with site, Clinical operations 32%
management team (COM) and regulatory
activities for activation;
Database set-up and adaptation (including 8%
IT tools)
Biobank costs (samples & storage) and 42%
management: clinical operation follow-up
(guidelines, follow up with IBBL biobank)
Project Management 7%
Protocol amendment and translations, 9%
Ethics Committee fees
Other costs: insurance, travel costs, 2%
publication costs
----- End of picture text -----
Friends of EORTC 5
31 December 2022
Achievements and performance (continued)
AMRC Association of Medical Research Charities
Since October 2014, the Friends of EORTC has been a member of AMRC. This membership provides clear benefits for EORTC and for the costs related to its international clinical studies being opened or adopted in the UK. Membership of AMRC helps the EORTC to qualify as eligible under the UK NHS AcoRD Programme under which certain clinical research costs are met by the National Health Service.
Under AcoRD, AMRC charities that fund in open competition do not have to pay these costs. The work will be done by the NIHR Clinical Research Networks or will be covered by the infrastructure support funding going to NHS trusts and universities. EORTC, through the Friends of EORTC, is in good standing for support from the NIHR and NHS for other study related costs as described above.
UK Liaison Offices
A Liaison Office has been established for the past four years in the UK between the National Cancer Research Institute (NCRI), EORTC and CR-UK to promote better communications between these three organisations and to facilitate the adoption of EORTC's international studies in the UK and the extension of UK studies into Europe. The Friends of EORTC supports this initiative by currently contributing one third of the costs of the salary of the Liaison Officer, based at the University of Leeds. Since 2017, the costs of the Liaison Office in Leeds have been shared between EORTC and CR-UK.
Investment powers, policy and performance
The Charity does not hold investments other than cash held on an interest bearing deposit on a short-term basis. These funds are held in the Charity's bank account, held by Coutts.
Grant making policy
The Charity makes grants to the EORTC and to the EORTC Cancer Research Fund AISBL and for fellowships, as direct grants or on an ad-hoc basis.
Reserves
The Charity makes grants to the EORTC as cash becomes available, retaining sufficient funds to cover the potential outgoings associated with future fundraising events. The Charity does not generally enter into on-going commitments and therefore does not need to ensure a steady flow of income. For this reason, the trustees do not consider it appropriate to maintain a target level of reserves.
The funds raised by the Charity are held as deposits on call accounts until such time that the Trustees wish to make grants or donations directly to the EORTC to support their ongoing activities.
Friends of EORTC 6
31 December 2022
Achievements and performance (continued)
Going Concern
The Trustees of the charity have determined that there are no material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees are of the opinion, based on available information at the date of approval of the financial statements, despite the global uncertainty in relation to coronavirus that the charity will have sufficient resources to meet its liabilities as they fall due. They do not believe that there are concerns regarding the
Approved by order of the Trustees.
Chairman Date
Friends of EORTC 7
31 December 2022
Auditor
Opinion
We have December 2022, which comprise the statement of financial activities, the balance sheet, the statement of cash flows, the principal accounting policies and the notes to the accounts. The financial reporting framework that has been applied in their preparation is applicable law and Financial Reporting Standard applicable in the UK and Republic of I Generally Accepted Accounting Practice).
In our opinion, the accounts:
-
2 and
-
of its income and expenditure for the year then ended;
-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
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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 independent of the charity in accordance with the ethical requirements that are relevant to our 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
concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable months from 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.
Friends of EORTC 8
31 December 2022
Auditor
Other information
The trustees are responsible for the other information. The other information comprises the thereon. Our opinion on the accounts does not cover the other information and we do not express any form of assurance conclusion thereon.
In connection with our audit of the accounts, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the accounts 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 there is a material misstatement in the accounts or a material misstatement of the other information. 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 in relation to which the Charities Act 2011 requires us to report to you if, in our opinion:
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with the accounts; or
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sufficient accounting records have not been kept; or
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the accounts are not in agreement with the accounting records and returns; or
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we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
for the preparation of the accounts 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 accounts that are free from material misstatement, whether due to fraud or error.
In preparing 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.
Friends of EORTC 9
31 December 2022
Auditor
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 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 identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements for charitable companies operating within this sector, through our own experience as well as through discussion with management and those charged with governance and inspection of regulatory and legal correspondence. We remained alert throughout our audit to any indications of non-compliance, with areas of highest risk communicated to all members of the audit team.
The charitable company is subject to laws and regulations directly affecting the financial statements including financial reporting legislation and taxation legislation which we assessed compliance with as part of our review of related financial statement items. This includes the Charities Act 2011 as referenced above. Other laws and regulations of which compliance was considered higher risk (as non-compliance could lead to material misstatement of the financial statements) included anti-bribery regulations, health and safety legislation and data protection regulations.
Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected a material misstatement within the financial statements while performing our audit in accordance with applicable audit standards. Irregularities may involve a collusion, forgery, intentional omissions, misrepresentations or override of internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations.
A further description of our responsibilities for the audit of the financial statements is located
Friends of EORTC 10
Auditor 31 December 2022
Use of our report
a body, in accordance with section 144 of the Charities Act 2011 and with regulations made under section 154 of that Act. Our audit 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 opinions we have formed.
Buzzacott LLP Statutory Auditor 130 Wood Street London EC2V 6DL
Date: 20 September 2023
Buzzacott LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006.
Friends of EORTC 11
Statement of financial activities Year ended 31 December 2022
| Notes | Unrestricted funds £ |
Restricted funds £ |
2022 Total funds £ |
2021 Total funds £ |
|---|---|---|---|---|
| Income: Donations 2 Bank interest Total income Expenditure: Expenditure on charitable activities 3 Total expenditure Net income (expenditure) Net movement in funds Reconciliation of funds: Funds brought forward at 1 January 2022 Funds carried forward at 31 December 2022 |
44,933 203 |
179,958 | 224,891 203 |
256,180 26 |
| 45,136 | 179,958 | 225,094 | 256,206 | |
| 58,173 | 241,569 | 299,742 | 259,776 | |
| 58,173 | 241,569 | 299,742 | 259,776 | |
| (13,037) | (61,611) | (74,648) | (3,570) | |
| (13,037) 40,936 |
(61,611) 61,611 |
(74,648) 102,547 |
(3,570) 106,117 |
|
| 27,899 | 27,899 | 102,547 |
All of the above amounts resulted from continuing activities during the above two financial periods.
The notes on pages 18 to 21 form part of these accounts.
Friends of EORTC 12
Balance sheet 31 December 2022
| Notes | 2022 £ |
2021 £ |
|---|---|---|
| Current assets: Debtors 5 Cash at bank and in hand Total current assets Liabilities: Creditors: amounts falling due within one year 6 Total net assets The funds of the charity: Restricted funds 7 Unrestricted funds . General funds 8 Total funds |
53,935 184,413 |
46,516 310,367 |
| 238,438 | 356,883 | |
| (210,449) | (254,336) | |
| 27,899 | 102,547 | |
| 0 27,899 |
61,611 40,936 |
|
| 27,899 | 102,547 |
The notes on pages 18 to 21 form part of these accounts.
Chairman
Dated:
Friends of EORTC 13
Statement of cash flows 31 December 2022
| Notes | 2022 £ |
2021 £ |
|---|---|---|
| Cash flows from operating activities: Net cash provided by operating activities A Cash inflow from investing activities: Bank interest received Change in cash and cash equivalents in the year Cash and cash equivalents at 1 January 2022 Cash and cash equivalents at 31 December 2022 B |
(126,157) 203 |
70,927 26 |
| (125,954) 310,367 |
70,953 239,414 |
|
| 184,413 | 310,367 |
Notes to the cash flow statement for the year to 31 December 2022
A Reconciliation of net movement in funds to net cash flow from operating activities
| 2022 £ |
2021 £ |
|
|---|---|---|
| Net movement in funds (as per statement of financial activities) Interest receivable (Increase) in debtors (Decrease) / Increase in creditors Net cash provided by operating activities |
(74,648) (203) (7,419) (43,887) (126,157) |
(3,570) (26) (8,269) 82,792 70,927 |
B Analysis of changes in net debt
| At 1 January 2022 £ |
Change in Year £ |
At 31 December 2022 £ |
|
|---|---|---|---|
| Cash at bank and in hand | 310,367 | (125,954) | 184,413 |
Friends of EORTC 14
Principal accounting policies 31 December 2022
Basis of preparation
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are laid out below.
Basis of accounting
These accounts have been prepared for the year to 31 December 2022.
The accounts have been prepared under the historical cost convention with items initially recognised at cost or transaction value unless otherwise stated in the relevant accounting policies below or the notes to these accounts.
The accounts 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 Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
The accounts are presented in sterling and are rounded to the nearest pound.
Critical accounting estimates and areas of judgement
There are no items in the accounts where trustees have been required to make significant judgements and estimates.
Assessment of going concern
The trustees have assessed whether the use of the going concern assumption is appropriate in preparing these accounts. The trustees have made this assessment in respect to a period of one year from the date of approval of these accounts.
The trustees of the charity have concluded that there are no material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees are of the opinion that the charity will have sufficient resources to meets its liabilities as they fall due. In making this assessment, trustees have considered the impact of the coronavirus pandemic on the operational and financial performance of the charity.
Funds structure
Unrestricted income funds are those which the Trustees are free to use for any purpose in donor has made known their non binding wishes or where the trustees at their discretion, have created the designation for a specific purpose. Restricted funds arise from grants and donations received for specific purposes defined by the donor or the terms of an appeal. Restricted funds relating to income received in connection with the Alliance Boots Biobank project are transferred to the Biobank project through grants made to the EORTC.
Friends of EORTC 15
Principal accounting policies 31 December 2022
Income
All incoming resources are recognised when the following three factors are met:
-
entitlement control over the right to the economic benefit has passed to the charity;
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probable it is more likely than not that the economic benefits associated with the transaction will flow to the charity;
-
measurement - when the monetary value of the incoming resources can be measured reliably.
Income comprises donations and bank interest.
Donations are recognised when the charity has confirmation of both the amount and settlement date.
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
Foreign exchange
Items appearing in the accounts have been translated on the following bases:
-
Assets and liabilities: at rates prevailing at the balance sheet date.
-
Income and expenditure: at average rates for the year.
Differences arising on exchange are charged or credited to the Statement of Financial Activities.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to make a payment to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.
All expenditure is accounted for on an accruals basis. Expenditure comprises direct costs and support costs. All expenses, including support costs, are allocated or apportioned to the applicable expenditure headings. The classification between activities is as follows:
-
Expenditure on raising funds includes all expenditure associated with raising funds for the charity.
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Expenditure on charitable activities includes all costs associated with furthering the charitable purposes of the charity through the provision of its charitable activities. Such costs include charitable grants and donations, direct and support costs and governance costs.
Grants are made to the EORTC and to the EORTC Cancer Research Fund AISBL and for fellowships. A liability for such grants is recognised when approval has been given by the Trustees.
Friends of EORTC 16
Principal accounting policies 31 December 2022
Expenditure (continued)
Other costs includes all expenditure that cannot be analysed into the above two headings.
Contractual arrangements are recognised as goods and services are supplied and are accounted for on an accruals basis.
Irrecoverable VAT is charged against the category of resources expended, for which it was incurred.
Debtors
Debtors are recognised at their settlement amount, less any provision for non-recoverability. Prepayments are valued at the amount prepaid.
Cash at bank and in hand
Cash at bank and in hand represents such accounts and instruments that are available on demand or have a maturity of less than three months from the date of acquisition. Deposits for more than three months but less than one year have been disclosed as short term deposits. Cash placed on deposit for more than one year is disclosed as a fixed asset investment.
Creditors and provisions
Creditors and provisions are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Creditors and provisions are recognised at the amount the charity anticipates it will pay to settle the debt.
Friends of EORTC 17
Notes to the accounts 31 December 2022
1 Related party transactions
The Friends of EORTC provides financial support to the EORTC Cancer Research Fund AISBL and EORTC. The trustees of the Charity had the following connections with these organisations throughout 2021 and 2022.
| EORTC Cancer Research Fund | EORTC | |
|---|---|---|
| AISBL | ||
| Comte Diego du Monceau de | Chairman of the Council | Board member |
| Bergendal | ||
| Duncan Jodrell | Member of the Council | |
| Edward James Chandler | Member of the Council |
Grants to EORTC Cancer Research Fund AISBL are shown in note 3 below.
None of the trustees received payment for their services to the Charity or reimbursement of expenses by the Charity.
2 Donations
| Donations | |||
|---|---|---|---|
| Unrestricted funds £ |
Restricted funds £ |
2022 £ |
|
| Donations from individuals and foundations Corporate donations 2022 total funds |
44,933 44,933 |
179,958 179,958 |
44,933 179,958 224,891 |
| Unrestricted funds £ |
Restricted funds £ |
2021 £ |
|
|---|---|---|---|
| Donations from individuals and foundations Corporate donations 2021 total funds |
48,185 48,185 |
207,995 207,995 |
48,185 207,995 256,180 |
3 Charitable expenditure
| Charitable expenditure | |||
|---|---|---|---|
| Unrestricted funds £ |
Restricted funds £ |
2022 £ |
|
| Direct costs Grants awarded Liaison office and finance costs Support costs Governance costs . Audit and accountancy fees . Bank and subscription charges 2022 total funds |
8,691 43,595 3,948 1,939 |
241,569 | 250,260 43,595 3,948 1,939 |
| 58,173 | 241,569 | 299,742 |
Friends of EORTC 18
Notes to the accounts 31 December 2022
3 Charitable expenditure (continued)
| Charitable expenditure(continued) | |||
|---|---|---|---|
| Unrestricted funds £ |
Restricted funds £ |
2021 £ |
|
| Direct costs Grants awarded Liaison office and finance costs Support costs Governance costs . Audit and accountancy fees . Bank and subscription charges 2021 total funds |
3,714 42,674 3,600 1,793 |
207,906 89 |
211,620 42,674 3,600 1,882 |
| 51,781 | 207,995 | 259,776 |
There are no key management personnel employed by the charity.
4 Comparative Statement of Financial Activities
| Notes Income: Donations 2 Bank interest Total income Expenditure: Expenditure on charitable activities 3 Total expenditure Net income (expenditure) Net movement in funds Reconciliation of funds: Funds brought forward at 1 January 2021 Funds carried forward at 31 December 2021 5 Debtors |
Unrestricted funds £ |
Restricted funds £ |
2021 Total funds £ |
|---|---|---|---|
| 48,185 26 |
207,995 |
256,180 26 |
|
| 48,211 | 207,995 | 256,206 | |
| 51,781 | 207,995 | 259,776 | |
| 51,781 | 207,995 | 259,776 | |
| (3,570) | (3,570) | ||
| (3,570) 44,506 |
61,611 | (3,570) 106,117 |
|
| 40,936 | 61,611 | 102,547 | |
| Debtors | ||
|---|---|---|
| 2022 £ |
2021 £ |
|
| Prepayments and other debtors Gift Aid |
50,235 3,700 53,935 |
42,816 3,700 46,516 |
Friends of EORTC 19
Notes to the accounts 31 December 2022
6 Current liabilities
| Current liabilities | ||
|---|---|---|
| 2022 £ |
2021 £ |
|
| Amounts falling due within one year: . Accruals . Trade creditors |
210,449 - 210,449 |
254,102 234 254,336 |
7 Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended balances.
----- Start of picture text -----
At 1 At 31
January Incoming Resources December
2022 resources expended 2022
£ £ £ £
AmerisourceBurgen 154,958 (154,958)
Sallie Snowman Fellowship Fund 33,872 (33,872)
Sir Ronald Grierson Fellowship Fund 27,739 (27,739)
Climbers Against Cancer 25,000 (25,000)
61,611 179,958 (241,569)
At 1 At 31
January Incoming Resources December
2021 resources expended 2021
£ £ £ £
Alliance Boots Fund 207,995 (207,995)
Sallie Snowman Fellowship Fund 33,872 33,872
Sir Ronald Grierson Fellowship Fund 27,739 27,739
61,611 207,995 (207,995) 61,611
----- End of picture text -----
Alliance Boots Fund
Donations received to this fund are be applied for funding SPECTA (Biobank 1553) until 2021 and E2-RADiatE from 2021.
AmerisourceBergen
Donations received to this fund are be applied for funding SPECTA (Biobank 1553)
Sallie Snowman Fellowship Fund
Donations received to be applied for funding the Sallie Snowman Fellowship.
Sir Ronald Grierson Fellowship Fund
Donations received to be applied for funding the Sir Ronald Grierson Fellowship.
Climbers against Cancer
Donations received from Climbers Against Cancer are used to EORTC 1809 STRASS II study.
Friends of EORTC 20
Notes to the accounts 31 December 2022
8 Unrestricted funds
| At 1 January 2022 £ |
Incoming resources £ |
Resources expended/ transferred £ |
At 31 December 2022 £ |
|
|---|---|---|---|---|
| General Fund Total unrestricted funds |
40,936 40,936 At 1 January 2021 £ |
45,136 45,136 Incoming resources £ |
(58,173) (58,173) Resources expended/ transferred £ |
27,899 27,899 At 31 December 2021 £ |
| General Fund Total unrestricted funds |
44,506 44,506 |
48,211 48,211 |
(51,781) (51,781) |
40,936 40,936 |
Friends of EORTC 21