Notes to the Accounts (continued)


18. Negative goodwill


Group 2011 £000


At 1 April 2010 Amortisation


At 31 March 2011 19. Debtors


Group 2011 £000


Trade debtors Amounts due from Group undertakings Taxation recoverable Other debtors Prepayments Accrued legacy income Accrued other income


5,359 –


10,343 1,748


10,946 80,710 9,257


118,363


Group 2010 £000


5,780 –


10,371 21,891 11,901 81,335 9,103


140,381


Charity 2011 £000


4,394 4,935


10,418 1,480 9,982


80,710 3,314


115,232


Charity 2010 £000


4,194 4,191


10,472 21,533 10,620 81,335 3,761


136,106


Other debtors include balances due after more than one year of £0.9 million (2010: £1.1 million). A small proportion of accrued legacy income may be received after more than one year, but a figure has not been calculated due to the inherent uncertainty in the timing of legacy income receipt.


Other debtors at 31 March 2010 included £19.3 million proceeds of sale of Charity freehold properties. This was received in full in 2011.


The Charity has made a loan to its trading subsidiary company Cancer Research Technology Ltd (CRT) amounting to £1 million. The loan is secured on the assets of CRT, excluding intellectual property, and attracts interest at base rate plus 1%. The amount outstanding is repayable in full on 31 March 2015 or on 13 calendar months’ notice from the Charity.


20a) Creditors: amounts falling due within one year


Group 2011 £000


Research grants payable Life chairs and fellowships Trade creditors Amounts due to Group undertakings Tax and social security creditors Other creditors Accruals Deferred income


127,083 786


9,199 –


4,415 2,114


27,715 19,816


191,128


Group 2010 £000


144,324 1,273


11,535 –


4,068 2,473


23,353 15,768


202,794


Charity 2011 £000


127,083 481


6,625


20,142 4,312 1,974


19,243 15,082


194,942


Charity 2010 £000


144,324 1,134 7,656


24,588 3,956 2,462


15,157 10,297


209,574


(5,572) 778


(4,794)


Group 2010 £000


(6,349) 777


(5,572)


46 / Annual Report and Accounts / Notes to the Accounts


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