| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | Funds | Funds | funds | ||
| 2022 | 2022 | 2022 | 2021 | ||
| Note | £ | £ | £ | £ | |
| INCOME FROM: Donations and legacies Investment income |
2 3 |
3,882,248 256,435 |
757,570 - |
4,639,818 256,435 |
1,792,773 261,502 |
| TOTAL INCOME | 4,138,683 | 757,570 | 4,896,253 | 2,054,275 | |
| EXPENDITURE ON: | |||||
| Raising funds: | |||||
| Fundraising and legacy | 585,712 | - | 585,712 | 553,923 | |
| generation costs Investment management Charitable activities |
6 | 31,384 2,303,910 |
- 104,576 |
31,384 2,408,486 |
34,477 1,526,210 |
| TOTAL EXPENDITURE | 6 | 2,921,006 | 104,576 | 3,025,582 | 2,114,610 |
| NET INCOME/(EXPENDITURE) |
1,217,677 | 652,994 | 1,870,671 | (60,335) | |
| BEFORE INVESTMENT GAINS Gains/(Iosses) on investments |
(1,030,141) | - | (1,030,141) | 1,220,320 | |
| NET INCOME/(EXPENDITURE) |
187,536 | 652,994 | 840,530 | 1,159,985 | |
| BEFORE TRANSFERS | |||||
| Transfers between funds | 652,994 | (652,994) | - | - | |
| NET MOVEMENT IN FUNDS | 840,530 | - | 840,530 | 1,159,985 | |
| RECONCILIATION OF FUNDS: Total funds brought forward |
4,570,907 | - | 4,570,907 | 3,410,922 | |
| TOTAL FUNDS CARRIED | 5,411,437 | - | 5,411,437 | 4,570,907 | |
| FORWARD |
| REGISTERED | REGISTERED | NUMBER: 2165552 | NUMBER: 2165552 | ||||
|---|---|---|---|---|---|---|---|
| CONSOLIDATED BALANCE SHEET | |||||||
| AS | AT 30 SEPTEMBER 2022 | ||||||
| 2022 | 2021 | ||||||
| Note | £ | £ | £ | £ | |||
| FIXED ASSETS Tangible assets Investments |
9 10 |
2,614 8,049,550 |
4,265 9,260,053 |
||||
| 8,052,164 | 9,264,318 | ||||||
| CURRENT ASSETS | |||||||
| Stocks | 11 | 17,193 | 17,100 | ||||
| Debtors | 12 | 1,150,651 | 735,532 | ||||
| Debtors: amounts falling due after | 12 | 127,174 | 102,072 | ||||
| more than one year Cash at bank and in hand |
2,129,678 | 387,629 | |||||
| 3,424,696 | 1,242,333 | ||||||
| CREDITORS: amounts falling due | in | 13 | (3,409,817) | (2,995,168) | |||
| less than one year |
|||||||
| NET CURRENT ASSETS/(LIABILITIES) | 14,879 | (1,752,835) | |||||
| TOTAL ASSETS LESS | CURRENT | 8,067,043 | 7,511,483 | ||||
| LIABILITIES | |||||||
| CREDITORS: amounts falling due | 14 | (2,655,606) | (2,940,576) | ||||
| after more than one |
year | ||||||
| NET ASSETS | 5,411,437 | 4,570,907 | |||||
| CHARITY FUNDS | |||||||
| Restricted funds Unrestricted funds |
16 16 |
- 5,411,437 |
- 4,570,907 |
||||
| TOTAL FUNDS | 5,411,437 | 4,570,907 |
| Group and Charity | Unrestricted | ||
|---|---|---|---|
| and total | Restricted | Total | |
| Funds | funds | funds | |
| 2022 | 2022 | 2022 | |
| £ | £ | £ | |
| Legacies | 2,983,546 | 657,994 | 3,641,540 |
| Donations | 851,074 | 99,576 | 950,650 |
| Donations-in-kind | 47,628 | 47,628 | |
| Coronavirus Job Retention Scheme Grant | - | ||
| Total donations and legacies | 3,882,248 | 757,570 | 4,639,818 |
| Group and Charity | Unrestricted | |||
|---|---|---|---|---|
| and total | Restricted | Total | ||
| Funds | funds | funds | ||
| 2021 | 2021 | 2021 | ||
| £ | £ | £ | ||
| Legacies | 1,155,690 | - | 1,155,690 | |
| Donations | 378,398 | 164,977 | 543,375 | |
| Donations-in-kind | 59,028 | - | 59,028 | |
| CoronavirusJob Retention Scheme Grant | 34,680 | - | 34,680 | |
| Total donations and | legacies | 1,627,796 | 164,977 | 1,792,773 |
| 3. INVESTMENT INCOME | ||||
| Group and Charity | Unrestricted | |||
| and total | Restricted | Total | ||
| funds | funds | funds | ||
| 2022 | 2022 | 2022 | ||
| £ | £ | F | ||
| Investment income | — listed investments | 256,151 | 256,151 | |
| Investment income | — cash investments | 284 | 284 | |
| 256,435 | - | 256,435 |
| Group and Charity | Unrestricted | |||
|---|---|---|---|---|
| and total | Restricted | Total | ||
| funds | funds | funds | ||
| 2021 | 2021 | 2021 | ||
| F | F | £ | ||
| Investment income | — listed investments | 261,785 | - | 261,785 |
| Investment income | — cash investments | (283) | - | (283) |
| 261,502 | - | 261,502 |
| RECONCILIATION OF GRANTS PAYABLE | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Accrued at 1 October 2021 | 5,301,163 | 6,659,651 |
| Grants made in the year— Liverpool | 1,140,563 | 431,844 |
| Grants made in the year— Lancaster | 123,369 | 663,371 |
| Grants made in the year— Bangor | 105,000 | 100,500 |
| Grants made in the year— Chester | (85,584) | 94,375 |
| Grants made in the year— Blackpool | ||
| Grants made in the year— Manchester | 104,950 | |
| Grants made in the year— LJCLAN | 4,000 | |
| Grants made in the year— Edgehill | 85,584 | |
| Grants made in the year— Liverpool John Moores | 104,970 | |
| Grants made in the year— Newcastle | 124,152 | |
| Grants made in the year— Cancer Research Wales | 398,936 | |
| Grants made in the year — Swallows Head & Neck Charity |
10,000 | |
| Grants cancelled or recovered | (70,247) | (165,882) |
| Grants paid and other movements | (1,538,215) | (2,591,646) |
| Accrued at 30 September 2022 | 5,699,691 | 5,301,163 |
| Payable as follows: | ||
| Grants payable <lyr— institutional | 3,044,085 | 2,360,587 |
| Grants payable >lyr— institutional | 2,655,606 | 2,940,576 |
| Total grants payable | 5,699,691 | 5,301,163 |
| 5. GOVERNANCE COSTS | 5. GOVERNANCE COSTS | 5. GOVERNANCE COSTS | ||||
|---|---|---|---|---|---|---|
| Group and Charity | Unrestricted | |||||
| and total | Restricted | Total | ||||
| funds | funds | Funds | ||||
| 2022 | 2022 | 2022 | ||||
| £ | £ | £ | ||||
| Governance | Auditor’s remuneration | 16,112 | 16,112 | |||
| Governance | legal and | professional fees | 3,317 | 3,317 | ||
| Governance | share of | support costs | 46,486 | 46,486 | ||
| Governance | expense | — recruitment fees | 1,062 | 1,062 | ||
| Governance | expense | — wages and salaries | 83,091 | 83,091 | ||
| Governance | — depreciation | — tangible fixed | 265 | 265 | ||
| assets | ||||||
| 150,333 | - | 150,333 |
| Group and Charity | Group and Charity | Unrestricted | |||
|---|---|---|---|---|---|
| and total | Restricted | Total | |||
| Funds | funds | Funds | |||
| 2021 | 2021 | 2021 | |||
| £ | £ | £ | |||
| Governance | Auditor’s remuneration | 10,960 | - | 10,960 | |
| Governance | legal and professional fees | 6,896 | - | 6,896 | |
| Governance | share of | support costs | 17,233 | - | 17,233 |
| Governance | expense | — recruitmentfees | 1,315 | - | 1,315 |
| Governance | expense | — wages and salaries | 57,355 | - | 57,355 |
| Governance | — depreciation — tangible fixed |
193 | - | 193 | |
| assets | |||||
| 93,952 | - | 93,952 |
| . ANALYSIS OF RESOURCES EXPEN | DED BY EXPENDITURE TYPE | DED BY EXPENDITURE TYPE | ||
|---|---|---|---|---|
| Group and Charity | Staff costs Depreciation 2022 £ 2022 £ |
Other costs 2022 £ |
Total 2022 £ |
|
| Expenditure on fundraising Expenditure on investment |
234,555 | 748 - |
350,410 31,384 |
585,712 31,384 |
| management | ||||
| Cost ofgenerating funds | 234,555 | 748 | 381,794 | 617,096 |
| Research grant expenditure | 62,648 | 200 | 2,003,241 2,066,089 |
|
| Education and outreach expenditure |
137,S76 | 439 | 54,049 | 192,064 |
| Expenditure on governance | 83,091 | 265 | 66,977 | 150,333 |
| Charitable activities | 283,315 | 903 | 2,124,267 | 2,408,486 |
| 517,870 | 1651 | 2,506,061 | 3,025,582 | |
| Group and Charity | Staff costs 2021 £ |
Depreciation 2021 £ |
Other costs 2021 £ |
Total 2021 £ |
| Expenditure of fundraising Expenditure on investment |
285,010 - |
961 - |
267,952 34,477 |
553,923 34,477 |
| management | ||||
| Cost ofgenerating funds | 285,010 | 961 | 302,429 | 588,400 |
| Research grant expenditure Expenditure on governance |
147,007 57,354 |
497 193 |
1,284,754 36,405 |
1,432,258 93,952 |
| Charitable activities | 204,361 | 690 | 1,321,159 | 1,526,210 |
| 489,371 | 1,651 | 1,623,588 | 2,114,610 |
| This is stated after charging: | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Depreciation oftangible fixed assets: owned by the Charity Auditor’s remuneration — audit |
1,651 16,112 |
1,651 10,600 |
| During the year, no Trustees received any remuneration (2021: £0). | ||
| During the year, no Trustees received any benefits in kind (2021: £0). During the year, 1 Trustee received reimbursement of travel and accommodation expenses of £196 |
||
| (2021: £NIL). |
| taff costs were as follows: | ||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| Wages and salaries Social security costs Other pension costs |
450,493 44,321 23.056 |
430,240 36,434 22,697 |
| 517,870 | 489,371 |
| he average number of persons (headcount) emplo | yed by the Company duringthe ye | ar was as |
|---|---|---|
| 2022 | 2021 | |
| No. | No. | |
| Fundraising and marketing Administration |
8 4 |
8 5 |
| 12 | 13 |
| . TANGIBLE FIXED ASSETS | ||
|---|---|---|
| Group and Charity | Fixtures and fittings |
Total |
| £ | £ | |
| Cost At 1 October 2021 |
8,256 | 2,256 |
| At 30 september 2022 | 8,256 | 8,256 |
| Depreciation At! October2021 Charge for the year |
3,990 1,651 |
3,990 1,651 |
| At 30 September 2022 | 5,641 | 5.641 |
| Net book value At 30 September 2022 |
2,614 | 2,614 |
| At 30 September 2021 | 4,265 | 4,265 |
| 10. FIXED ASSET INVESTMENTS | ||||
|---|---|---|---|---|
| IJsted | ||||
| Group | securities (Market value) £ |
Cash £ |
£ Total |
|
| At a october 2021 Additions Disposals Movement in cash for the year |
9,185,368 968,852 (1,109,586) |
74,685 (39,628) |
9,260,053 968,852 (1,109,586) (39,628) |
|
| Realised and unrealised gains | (1,030,141) | (1,030,141) | ||
| on investments | ||||
| At 30 september 2022 | 8,014,493 | 35,057 | 8,049,550 | |
| Shares in | ||||
| Listed | Group | |||
| Company | securities (Market value) £ |
Cash £ |
£ Undertakings |
£ Total |
| At 1 October 2021 Additions Disposals Movement in cash for the year |
9,016,437 967,830 (1,109,586) |
74,685 - - (39,628) |
1 | 9,091,123 967,830 (1,109,586) (39,628) |
| Realised and unrealised gains | (994,585) | - | (994,585) | |
| on investments | ||||
| At 30 September 2022 | 7,880,096 | 3S,057 | 1 | 7,915,154 |
| Aggregate of | ||
|---|---|---|
| share capital | ||
| and reserves | Profit/ (loss) | |
| Name | £ | £ |
| NW Cancer Research Trading Ltd. | 1 | |
| Cancer and Polio Research Fund Limited | 52,533 | (101,319) |
| Total | 52,534 | (101,319) |
| 1. STO | CKS | |||||
|---|---|---|---|---|---|---|
| Group | Charity | |||||
| 2022 | 2021 | 2022 | 2021 | |||
| £ | £ | £ | ||||
| Goods | for | resale | 17,193 | 17,100 | 17,193 | 17,100 |
| 2. DEBTORS | ||||
|---|---|---|---|---|
| Group | Charity | |||
| 2022 | 2021 | 2022 | 2021 | |
| F | £ | £ | £ | |
| Other debtors | 1,945 | 1,178 | 1,945 | 1,178 |
| Prepayments Accrued legacy income Other accrued income |
24,304 873,033 378,543 |
22,713 540,425 273,288 |
24,304 869,973 588,474 |
22,713 497,230 383,643 |
| 1,277,825 | 837,604 | 1,484,696 | 904,764 |
| Group | Charity | |||
|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | |
| £ | £ | £ | £ | |
| Other debtors | - | - | - | - |
| Prepayments | - | - | - | - |
| Accrued legacy income | - | - | - | - |
| Other accrued income | 127,174 | 102,072 | 258,198 | 170,486 |
| 127,174 | 102,072 | 258,198 | 170,486 |
| Group | Group | Charity | Charity | ||
|---|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | ||
| £ | £ | £ | £ | ||
| Trade creditors | 137,406 | 357,756 | 137,370 | 357,756 | |
| Sundry creditors | 465 | 465 | 465 | 465 | |
| Amounts owed | to NWCRT, the subsidiary | - | - | 1 | 1 |
| company | |||||
| Other taxation | and social security | 22,626 | 13,155 | 22,626 | 13,155 |
| Accruals and deferred income | 205,235 | 263,206 | 203,123 | 261,606 | |
| Grants accrued | — institutional (see note 4) | 3,044,085 | 2,360,586 | 3,044,085 | 2,360,586 |
| 3,409,817 | 2,995,168 | 3,407,670 | 2,993,569 |
| Group | Group | Charity | Charity | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | |||||||
| £ | £ | £ | £ | |||||||
| Grants | accrued | — | institutional | (see | note | 4) | 2,655,606 | 2,940,576 | 2,655,605 | 2,940,576 |
| Group | Group | Charity | Charity | |
|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | |
| £ | £ | £ | £ | |
| Financial assets measured at fair value | ||||
| Investments | 8,049,550 | 9,260,053 | 7,915,153 | 9,091,122 |
| Financial assets measured at amortised cost | ||||
| Debtors excluding prepayments | 1,253,521 | 814,891 | 1,460,391 | 882,050 |
| Financial liabilities measured at amortised | ||||
| cost | ||||
| Creditors | 6,065,424 | 5,935,745 | 6,063,277 | 5,934,146 |
| Balance at | Balance at | |||||||
|---|---|---|---|---|---|---|---|---|
| 1 October | Transfers | Gains | / | 30 | ||||
| September | ||||||||
| 2021 | Income | Expenditure | In/Out | (Losses) | 2022 | |||
| £ | £ | £ | £ | £ | ||||
| Unrestricted | ||||||||
| and total | ||||||||
| funds | ||||||||
| Other | ||||||||
| General | 4,570,907 | 4,138,683 | (2,921,006) | 652,994 | (1,030,141) | 5,411,437 | ||
| funds | ||||||||
| Restricted | ||||||||
| funds | ||||||||
| Other | ||||||||
| restricted | .- | 757,570 | (104,576) | (652,994) | - | - | ||
| funds | ||||||||
| Total of funds |
4,570,907 | 4,896,253 | (3,025,582) | - | (1,030,141) | 5,411,437 | ||
| 43 |
| Balance at | Balance at | |||||||
|---|---|---|---|---|---|---|---|---|
| Transfers | Gains | / | 30 | |||||
| 1 October | September | |||||||
| 2021 | Income | Expenditure | In/Out | (Losses) | 2022 | |||
| £ | £ | £ | £ | £ | £ | |||
| Unrestricted | ||||||||
| and total funds | ||||||||
| Other funds |
General | 4,417,055 | 4,091,505 | (2,808,065) | 652,994 | (994,585) | 5,358,903 | |
| Restricted | ||||||||
| funds | ||||||||
| Other | ||||||||
| restricted | - | 757,570 | (104,576) | (652,994) | - | - | ||
| funds | ||||||||
| Total of | funds | 4,417,055 | 4,849,075 | (2,912,641) | - | (994,585) | 5,358,903 |
| NALYSIS OF NET ASSETS BETWEEN FUNDS — CUR | RENT YEAR | ||
|---|---|---|---|
| GROUP | Unrestricted andtotal funds |
Restricted funds |
Total funds |
| 2022 | 2022 | 2022 | |
| £ | £ | £ | |
| Tangible fixed assets Fixed asset investments Current assets Creditors duewithin one year Creditors due in more than one year |
2,614 8,049,550 3,424,696 (3,409,817) (2,655,606) |
- - - - - |
2,614 8,049,550 3,424,696 (3,409,817) (2,655,606) |
| 5,411,437 | - | 5,411,437 |
| NALYSIS OF NET ASSETS BETWEEN FUNDS — PRI |
OR YEAR | ||
|---|---|---|---|
| GROUP | Unrestricted and total funds |
Restricted funds |
Totol funds |
| 2021 | 2021 | 2021 | |
| £ | £ | £ | |
| Tangible fixed assets Fixed asset investments Current assets Creditors due within one year Creditors due in morethan one year |
4,265 9,260,053 1,242,333 (2,995,168) (2,940,576) |
- - - - - |
4,265 9,260,053 1,242,333 (2,995,168) (2,940,576) |
| 4,570,907 | - | 4,570,907 |
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Net incomef (expenditure) for the year (as per Statement of Financial | 840,530 | 1,159,985 |
| Activities) | ||
| Adjustment for: | 1,651 | 1,651 |
| Depreciation charges | 1,030,141 | (1,220,028) |
| (Gains)/Losses on investments Dividends, interest and rents from investments |
(255,435) | (261,502) |
| Assets acquired (Increase)!decrease in stocks |
(93) (440,221) |
25 (157,894) |
| (Increase) in debtors | 129,680 | (1,506,801) |
| Increase/(decrease) in creditors | ||
| Net cash used in operating activities | 1,305,253 | (1,984,564) |
| 19. ANALYSIS OF CASH AND CASH EQUIVALENTS | ||
| 2022 | 2021 | |
| £ | £ | |
| 2,129,678 | 387,629 | |
| Cash in hand | 35,057 | 74,684 |
| Investment cash accounts | ||
| 2,164,735 | 462,313 |
| 20. RECONCILIATION OF NET DEBT | At 1 October 2021 |
Cashflow | At 30 September |
|---|---|---|---|
| 2022 | |||
| £ | £ | £ | |
| Cash in hand and at bank | 462,313 | 1,702,422 | 2,164,735 |
| 462,313 | 1,702,422 | 2,164,735 |