Scottish Cancèr Foundation (A charitable company limited by guarantee) Report and financial statements Charity number SC028300 Registered number SC189859 30 September 2025
Th• Se4)tb8h C1 Found&tk IA table cornpany Ilmlled by gu8ranle8) Roport arKI unatsth finaral &tm•rrt8 30 Sept¢rnber 2026 Contents Page Company infomiaiion Tnjstees, report Independent examln8fs report to oftho scottish C•)car Foundatlon ststebrtsnt of flnancial activ8 Balance 8hoet Statement of cash 10 11 12
The Scatb¥h Cancer FourYatN)n (A (arilablg runpary limited by gu8rant8el R8pDrt and un8UtJby fmrKid statents
) Sopt¢rrl)w 2025 Company Informatlon Trustoe8." &r Andrew Cubi8 CBE (retired 20 November 2025} Professor Annie ATrJer50n Dr D8VKI Brewster Profes80r David Weller Professor Robert Steele CBE (Chaimwil Bryan Chrfstle (resigned 1 February 20261 an J Hartley CA Makolm Chisholm (reshJned 20 November 2025) DT (&)zde Ozaknnci Lady Fiona Frr MBE profess Katie Robb (appointed 1 November 20241 Secrotary." Alan J Harw CA 31 Cadogan Road Edinburyh EH16 8LY Ind•p•ndwbt Ex•mln•r Andrew Niblock Henderson Logg LLP Level 5 The Stamp OffKo 11k14 WaterlDO Plaoe Edinburgh EH13EG Bankern: Vlrgln M 83 George Street Edinburgh EH2 3ES cjo Henderson Loggle LLP Level 5 The Starnp Off8 10-14 Waterloo Pla( Edinburgh EH1 3EG S¢otb¥h CIMrlty Numbor SC028300
Trustees, report The Trustees present their rem and finanal stalemwts fr th8 year ended 30 Septenthr 2025. The Trustees are conshlwed the Directors for Ihe purpo¥es of Company Law. SlnKiurn. gov•rn•nc• and m•n•gement The Scottish cancerFna1h)n is a company limited by guarantee and is Teccgni58d as a chlty Iscotbsh Charity No SC028300). It is govemed by ts menftduM and Artic ol Assctiation. Every member undertakes to contribute such an amount as may be required towards the debts and liabilitN of the company In the e¥ent of its ng wound up but not exceedmig the sum of £1. Details of the trustees and advisers and other refererKe Infonmon is given on page 3. Und8r the requifeffents of the Memorandum and ATtides of Association. trustee5 a appcmnted by the board of trustees at the Annual General Meeting and mu retire by rotation after a pericrfj of three years. Th8 Foundati.8 winripal Objece8 are to promote tho reduction of deaths in ScotlarKI caLd by ¢ancer, to encourage and promote standards of excellence in research into the ¢auses, methods of prevention and treatment of cancer in Scodand, io advance the edurAb"on, knOWge and awaneSS of the public in general of the causes of cancer and potential methods of preventirffi. There were no amendn*nts to the objecb'ves during the year io 30 September 2025. Flhan¢i•l revlow The defiul for the year amounted to £245,281 12024. £18.753 surplus) refiectirKJ Twstee and adviser 8¢tivity. putsuing the objectNe5 of the Foundation. The Twstses assess the major risks to which the Foundation 1$ exposed on an annual basis, in PartUlar those related to the opefations and finances of the Foundation and are satlsfied that systems are in place to mib'gate any such exposu. Risk is reviewed annually when the programme for the coming year is considered. Unrestrkted fvnds represent the general funds which the Trustees are free to use in accordance wth the Foundation's charitable objectives. At 30 September2025 tot81 reserves ofthe chaiity were £24,11012024'. £269,391) of which £14,100 was unrestncted12024.' £53,849) and £nil designated (2024.. £200.OCQ). Thg Trustees regard the present rate of ac¢umulatlon of reSe8S as acceptable retative to fure activities arKI suprth provided by a numker of Twstee& The Tfustees confirm that, in thelr oplnlon. the assets ofthe Foundat#)n are availab and adequate to fuff its current obllgations.
The SrxJill8h Cer F¢JundatSon (A chwitable ts)mpany Imited by guwante81 R•port aTrJ unaudit8d fmgnri818tatemqnts 30 September 2025 Trustees, report (L¥tinued) The Scottish Cancer Foundation is a charity devoted to three main alms.. 1. To improve Publ derntanding of can¢er and its treatrnL 2. To Prorle the preventbon of cancer in Scotland. 3. To nurture (yJllaJorative research in Scotland thatwill have a dIt impact on cancer. It is important to appreciate that these three activities a of the utmost importance. particulady in Scotland, which has on8 of the highest rates of cancer in Ihe worfd. However. most charib'es and otherfunding bod are ftSed on basic laboratory research that may b8 Im[tant for understanding eaftcer but has li1Ig immediate impact on patient care. 11 is also important lo note that it has been èsbmated Ihat about on8 third of ean¢er$ that occur today ¢an be prevented - and we know to do this if we can help the people of Scouand to take the right actton We also know that there are inteNention$ that can improve the outlook for pab'ents who devety cancer. and 8p8 Ihe Th)sl important Oftt is eaty dlagnos. There ts. as ye( no 'magic buikf that can cure advanced cancer. However. we al> know what to do now in temB of prevenlion, early detectlon and optinwm use of existing IreatrtEnts. The Scottish Cancr Foundation al to dErrease the Ixjrden of cancer in Scouand by prorrKJting these approa¢he5, and hero we outhne what we do now, and what we aspire to in future. Actl¥ltl88 1 Wth the Support ofthe Grant Simpson Trust, the Foundation is continuing to lund tho Scottish Can F¢)undalion Award and the EvanwForrest Medal. The SCF PrFze for 2024 was not awarded owing to lack of suitable candidates but was re-advertlsed on 1 March 2025 and has been awarded to Stephen Mcsorley from Glasgow Ur¢Nersty. 2 The Foundation otIn1 to participat• in the Scottbh Parflanwtsry Cr08s4Jaty Group on Cancor and the Scottish Cancer Coalition. 3. The Foundation continues to sponsor a wblic 18Cture at the Royal SoGiety of Edinburgh. The 2024 evenl tcfvjk place C 1 November when Professor John Saxton, Llniversity of Hull, delivergd a talk ( tha importance of exercr6e in cancer prevention. The 2025 event took place on 20 November 2025 when Professor Mark Hull from the UnNersty of Leeds spoke on Dietary Supplements and Can¢er Prevention. 4. The Scotttsh Cancer Foundation website is upmjated on a regular basis ty Mary Buthè. 5. Thanks to generous donations the Foundation is curfenty funding iwo PhD slud8ntships in Cancer Prevention. The frst was awarded to Katie Robb {as supervisor) of the University of GlaBgow. The Snd was awarded to Ross Cagan las suwrvisor) ofthe Universty of Glasgow. 6. The award of th8 first of the Sir Pat Fe$l Clinul Felky4v$hlp was made in eaty 2025 to Professor Dav*J Weller of tho UnNerslty of Edlnburgh.
The Scottish Cartsr FOd81)n (A Lwstth company 4miled by gu#rant¢s) R•m fina14 stgiements 30 Septemtrèr 2025 Trustees. rnport (continu8d) What vn do nDW have now slarted to fund PhD Feuowships, awarded on a competitfr4e basis contributs on a regular basis to the Scottish Governmenys Cros>Paty Group on Can¢er and 10 the Scottish careT coalon of Cancer Chath"ey, provlding expert advice where appropriale. sponsor cthlferenw and worksh¢)PS to brbng together rAn¢er researchers from different instltutions throughout Soottand so that colkborative research can be developed to the highest possible standard. Scouand has many of the best cancer res8arthers in the wodd, bLrt they usual have to work in isolation. We strive to overcome the barriers to collaborative working so that the research ¢ommunity in Scooand can woth together- Ihe whole 18 greater than the the parts" is particulaty true ot cancer research. We haye a website that pUbllieS the Foundation and Its activities and abo prov¢des a reswrc4 for people seeking reliable inforntstson about cancer. This is mBlntained ty volLinteers, and tTh)re input needed to bring rt up to the standard y would wlsh We are actively fijndraising with an aim to raise £250,000 whith will be used to fund the second of Iwo cllnical PhD fellowshlFYS In cancer prevention. A fundraisin9 apal, termed the 'Sir Pat Forrest Appeal" in honour of one of oui founders was initbated on 8 October 2022. and to de we have raised £250.000 which will be handed over to Professor David Weuer ShIly. Wh•i we wl•h to do in the ftrture Vle wlsh to ¢ontlnue our current aclfvftles, but to PLrt them on to a sustainable footing. In partKular, we wlsh to ensure Ihat the Foundation's website 15 pJpu18ted wth high qualty, up-to-dale information. These activrtles will be very important Mi delivering our aims of improving awareness arn1 understanding and of promoting prevention. wish io move lo a pOsitn vhwe we can provide more PhD Studentships and eventual CliniGal Research Fellowships, awarded on a competitNe ba6. These asplration$ are ambilous. but, we believe, emlnentty feas1e. The FouThJation is for Scotland, and we appe81 to the people 8nd inslitutions of Scotland to support us in improving the outlook for FAople with, or al risk of, cancer. Ail money raised by the Foundation will be ynt in Scotknd for the benefft of h8r populalon. Thg b)ard of tJrectors of the SCF, both p88t and tffe¥onL is made up of heath wofes61onals and by members who are leaders in their respective fields vAlhin Scotland. They are all dgJiGated lo the aims of the Foundation. and will ensure that all funds rad will be uged exciusivety for the pursuit of those aims.
(A clwiith compwry li by warnntee) R•kVt lrta statenwit8 Xl sePtr 2025 Trustees. report (GonttylU6d) Acknowl•dgom•nt Th& Scottish Cancér Foundation would like to express Its thanks to the Univ6r5rty of Dundee for providing support by way of administratNe services. Small compry pvovl•lon8 This report has been Prepared in &cordance wlth the special WQVYSTons relating to small oJmp8nies wllhin Part 15 of the Companies Act On behaK of the toard Al•n J Hartley CA TwstO9
Independent examlnerfs report to the members on the unaudlted flnancial statements of The Scottlsh Cancer Foundatlon (A charitablo comp•ny limit by guarant••) l pOrt on the a¢counts of the tharity for the year ended 30 September 202S which are set out on pages 9t016. This report is mad8 to the trust&s, a5 a in aGcOrdan with the terns of my engagement W work has been undertaken to enable to report my winion as set tjrt below and for no other Purpose. To the fullest extent perritted by law I do nol ac¢ept or assu Te5ponsibility to anyone other than the trustees, as a tthy. lor my wk or for this report. RMpKI1 re8pon8lbllltle• of tru•tees and ex•mlner The charity's trustees (who are also direct of the cxNnpany for the purFwes of company lawl are responsible for the preparation of the accounts in xcoid8nce with the terms of the Companies Act 2(K6, the Charrties and Trustee Investment (Scotlandl Act 2005 and the Charities hr£ounts IScy)dand) Re9uLgtsons 2008 las annded). The charity's trustees CcS1der Ihat the aurfrt requirement ot RgJulation 10 (1) (d) of the Accounts Regulations does not appty. It is my reswnsibility to examine the aw)unts a6 required under Section 44111 (cl of the Charities and Trustsg Invesknanl (SIal) Act 2WS and to state whether particular matters have come to ry attenllon. Ba•1• of Ind•p•ndont •x•mlnee• •lat•m Nfy exatTill8bon Is cafrth out in accordance with RegulatiOD 11 of the Charities Ac(xxtnts Iscoland) Regul81ions 20[ las amended). An examination includes a revi ofthe accouniin9 records kept by the ¢hartty and a ¢omparison of the 8ccounts presented those re&)rds. It a180 includes conslderation of any unusual items or di8closure8 in the aco)unts. and seeks explanations from the trustees conceming any such matters. The procedures urwjertaken do not provlde all the evidence that would be required in an 8udC and (x)nsequently I do not express audit qxnion on the view gNen by the aGCOUllts. In the course of my examinalion. matter has come to my attention.. Wh gives m8 réasonable cause io believe that in any rnaterial respxt the rwuirements.. to keep 8(xounting records in (X)rdan(w1th Section44{1) lal of the 2005 Act and Ragulatlon 4 of the 2tlJ6 AcUnts Regulatlons {as amended). and io prepare accounts whith accord wilh thg a¢xounting records and ¢ompty wsth RegUlan 8 ofthe 20C6 h£counts Regulat#)ns (as affded) have not been mgt, or to**)Icl), in my OpinN, attention should b? drawn In order to enable a proper understsnding of the accounts to be rexhed. 19 June . 2026 Andrew Nlblo¢k CA Indendent Examin
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Tha StJ)t118h Cancer Foundallon (A tharie MPO m¥d by guawtgB) Raport and unwdit•d Inandal stabFngrrt• ) S4>tÈmber 2025 Balance sheet at 30 Swber 2025 8arnk 252.172 249.708 22,183 253h22 271.891 Cuff•nt Ihbllltle• Creditors wlthin one year 174,M11 (2,600} 171.441 269.391 Crédttorn due after year (154.331) 24.110 280.391 Unrostrrtad fw4ls Deslgnat8d funds io 10 io 1{100 10.011 15.542 24,110 269,1 The trustees consider th the coffoany entitled to exempth)n from ts requirement to have an audit under the provbh)ns of saction 477 of the Companies Act 20C6 for the year ended 30 September 2025. Th9 membèrs have not requifed th8 ¢x>mpany to obtain an audit for its financial statements tr the year ded 30 September 2025 in accordance wth section 476 of the Compani8s Act 2(Ml8. The tnjstees ackncmledge their respons*)blitr3 for. ensuring that the company keep5 accounting record8 whlch CoMY wtth section 388 of the Companies Act 2006: a1 PFepAring financial ststem8ntswhith give a true arKI fairw1 ofthe state of affairs oflhe o)mpany as at the end of the financial year and of its profft or ioss for each finanaal year in occordance wlh the requirerrffjnts of section 396 and which othepwise compty with the reqU1ments of the Companies Aot relaiing to financial statements. so far as applicabte to the company. These financial statets have been prepared in a(%ordance wrth the Speck provisv)ns relatlng to small )mpan• wilhln Part 15 ofthe Companies Act 2006. The financlal slatements were apFYov¢d arKI authorised frjr issue by th8 board on .. Buned on its behalf by". Alon J Hartley CA The notes on page5 12 to 16 fm part of these financia ststemènts. 10
IA thritat4e c)mpany linited by yr•ftee) R•port and Unaud flnala1 slatem8nts 30 S•pternber 2025 Statement of cash IIow8 •t30 SePtber 2025 2025 2024 Net lexsxnditureyincomg for the yeor 1245.2811 226.812 20.933 18,753 D8$e In debtCK8 12.970 31,723 IncrnM8 In and cmh •qul¥•l•nts In Ihv ymr C•sh cB8h ewl¥al•nts at Ihe ofthe year 1464 31.723 217.985 Tot1 ¢••h and rA•h •qul¥aknl¥ •t the end oftlw y 282.172 249.708 C*•h and •h •qulv41ont• Cash at bk 252,172 249.708
Thè SV5h Cancer Foundation (A d)aibtsble coffp8ny limrted by guwaF%te•) R¥pxl aNJ unoudted llnandal stateMts 30 Sept¢mbèr 2025 Notes The Scottish Carw Foundation 18 a ¢harltable company limited by guarantee, inwwrated in Scouand with the registered address as noted on page 3. The charity is a Publ Benefft Entity and has no shar8 capital. however, in the event of a winding up. eath one of the members undertakes to ¢ontribute such affL)unt as may be required, not 8xceedin9 £1. Aceountlng polkl•• Accountlng convontlon Th8 financial ¥tsternents have been weped on a going t>)ncem basis urojer the hl8torul c(xt convtion and are in accordance with AppIable hA%ountsng Stsndards, the Statement of Recommended Practic& FRS102 (SORP FRS 1021 "Accounting and Reportlng by Chaniies.. the ChaTilie5 Act 2011, The Charities and Trustee Inve5tsment {ScoUandl Act 2LYJ5. The Charitks Accounts {Scotland) RegulatK)ns 2006 (as amended), the Chantw Act 2011, the Compan¢es kt 2006 8nd in accordance with Finan¢ial Reporting Standd 102 {FRS 102). The fmanc statements are prEpared in Steding. which is the fvDctkal ¢urrencM of the ctsmpany. Monelary ar(Ints in these financial ststerrwts are roundthl to the nearest pound. These financial statewlS have been Wepar1 on a going o)n¢em basis whth auMeS that the chafrty wll c4)nt4nue its operatkins. There are no material uncertainties that exk8t or miial Changes in the Wdy the charity operates and the Trustees C4Jnsider it apwopriate to wepaTe financial ststerrnnts on a going wncem basi8. IrKome ts recognssed when the cttarity has enlitlement to the funds. when it is probatle that the incorrÈ wlll be r1Ved and the amount can be measured Trlrabty. Nel donath)n8 are acu>unt8d lor in the year in which they are receNable with any recoverable tax being included to r&ord the donations at their gr(w value. Donated servi¢85 and fadlities are included at the value to the charity where this ean be quantified which is the vajue th& charity would have paid on the oren markeL No amounts are included in the finanu81 statementfor 8ervice5 donated by volunleer& Expen(rrtUfe is induded on an 8ru815 basis and is reujgnised when there k* a gaI or ¢on$tructNe obli98tion to pay for expendibjre. All $ts have been dIrUY altrtbuted to one of the functNal categories of expenditu in the St8temenl of Financial ActNitss. Charitable aGtivities indude expenditure associated with ho$b"ng corrferew, awarding prizes and governance. Govemanee CO819 include those incurred in the govemance of the charity and its assets and are primarity assoclated wth Constitullonal and statutory requlremenls. The Foundation is not fegi8ted for VAT and acccydingly eXndItUre is shown gross. Cash atbank Indudescash and highly ltr]uid short-temi investmentswith a matUrY of three mnlhs or less from the dale of acquisition or opening the deposit or sinwlar account. 12
The Scottish FoundaNon (A (aritsble comp8ny limited by guornntstr) ReiKMI a1 fin8nixal 8tatemnts 30 September 2026 Notes (ntinu) Aecountlng pollcl•• {cvntinu8d) Creditors and provisions are rwnmed where the tharity has a present obligalion re$uMng from past event that will probabty re8uII in a transfer of funds to a third party and the aUnt due to seltle the oblrgation ran be measured or estimated reliatrAy. Creditor8 and wovisions ate nomwlty reeAJgni8ed at their seltlwt aUnt aftor allwng lor any trade discounts due. The charity onty ha8 flnartcial assets and financial liabilities of a kind that qualify a8 b8si¢ finanaal instruments. BasK financial instruments are nitialty rettsJnlsed at transaction value and subswnuy mswed at their setUem&ntvalue. Funds Funds are dassified a6 either restrthd, unrestricw or designated. Restricbj funds are funds Subj to specific ¢ondition8 authorised by the donor. Unrestricted funds are experKlable at the trustees. discrétion in fvrtherance of the obiectNe6 of the charity. ()esignated furKls are tunds raised for the Sir Pat FoNest Appeai. a speaal ap1 to fund two clinical PHD fellowships in cancer prevention. The company is recognised by the HMRC as a dlarity and no th8rge for taxatTh arises on the results of the year. R•mun•ratlon of tru•t•o8 and •taff Trustees are consklwed the key managemgnt of the tharity. No trustee recelved any remunerntion during the year (2024.. £niD. No expense8 were reirrt)urwJ to trustees in the yoar12024'. £nlll. The charity has no employees arKI as such therpwere no wnptyees who rNe(f employee beneffitsl24.. £nil}. Donath)R• •nd l•gacl¢• Totsl 25 UntrI•d Re8tri¢thl 2024 2024 Tcrt81 2025 2025 Grant Slnyson Indnriduafs and smauet don8Jw8 Grand Lodge of Scolland 10.C 10.(KA) 4.1•5 5,OOD 9,95S 10,(XIO 13
IA th•rablè rorry>afry trdted by guarantee) ReyAt and urwudled finanLi81 stat8mgnts 30 Sepiemb8r %125 Nots8 (continuod) Unr••trlct•d O••lgnat•d Tatsl 2.502 24323 26.82J &r Pat F Clinical FelDshlpAwatd Web¥ite manwenl Go¥emance ¢J>8ts {Nole 8) 791 791 278.900 42.812 Sir Pat Forr08t cnICal FdloYh¥> Award 3,1%1 GOffl•n co•t8 2026 2024 D•btorn D(atron r•¢l8im8 10.1XXJ 12.183 22.183 Crndltorn withln on• y••r 202 2024 Independent &tarnlr8 f TexaOn f Granl wrdB payable 72.851 749B1 14
(A dwltaNe (y)mpany Ilmoted by gLw8nt¢el Rewt WKI unau¢JitwJ finaTh 8tatem•rts 30 September 2tr15 Notes (()u8dj Cradltorn du• aft•r on• yMr 2025 154331 154331 10 R•Mrv•• Balan¢e at 1 Oct24 B•lanc• •t CanceT Frfize Re8eatch prr4 Pat Forreot 10,010 3,182 10,010 124323) 21.141 12.3501 15,542 (24,3231 18,791 10.010 Pat ForTes1 Appe I2,0> Gth)èral Fund 53,849 1¥657) <18,7911 269,391 (m.9eo) 24110 The Restricted Fund5 e for the purposes of assists'ng SCPN funding, the cancer prtze and funds for sponsorfng resear¢h proj'ects. Dessgnated funds represent fvnds transferred from unrestrthd funds to wpport the Sir Pat Forre8t Appeal, a special appeal to fund diniGal PHD felkAv8hips in cancer wevenli)n. Bgbmce at 10ct23 Canc*r prize Re8earch F0JeCtS Pat Fcrfrest 10,010 10,L (lo,1) 130,884) tO.010 3,782 2,350 46.428 10.((KI (40.884) 15,542 Pat Forrest AFFe81 Unrgthted General Furxl 200,( 4212 (3.Ce1) 53,849 (43.944 269,391 15
The 8o)tti8h Cwcer FOdatI 30 Septembw 2025 Nots8 (wnlinuadj 11 An01# of n•t iM•l¥ botwe•n lund• G•nw41 D•Blgnatsd fund fund• Fund• 2D25 1U.431 10.010 1nA41 1154.3311 crlIB fgmlng grwterth#n one ye 14100 10.010 24,11Q Unrestsk fvndB Tol•l Funds 2024 fiJThls fund8 53,849 15,542 2.381 53,Wa 2.) 15,542 289,391 12 Rolatod party tran••ctloM Ddee University wovides adMInktrntr servlces to the Trnst for no cL¥)sthtion. An exact value for those donated sekOS ¢annot be identified; h(Mever the trustees are able k) estimate the value wllh SUffict refsabifrty to conclude it is not material. Th8 total amount donated to the FOundan during ihe year by trustees was £nl2024.. £nil). 14 Ultkn•t• ¢ontrolllng party The charity 15 Contred ty its Tntées. 16