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|||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|
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|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|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||||||
#
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|||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|
##
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