26. Restricted and endowment funds


Balance at 1 April 2010 £000


Restricted funds


Restricted funds for research Grants for specific projects Bobby Moore Fund Breast cancer research Research in Scotland


Childhood cancer research Ballesteros brain cancer research War on Cancer (from 1 December 2010)


Other restricted funds Intangible income


NCRI conference funding


MKF Mobile Cancer Awareness Units CancerHelp UK


Sundry other funds Total restricted funds – Charity


War on Cancer (to 30 November 2010) Gibb Research Fellowship Endowment Fund The Nuffield Research Fellowship


The Beatson Institute for Cancer Research Intangible income


Total restricted funds – Group


Permanent endowment funds Total endowment funds – Charity


Gibb Research Fellowship Endowment Fund The Beatson Institute for Cancer Research


Total endowment funds – Group Total – Group –


1,063 – – – – –


–


274 107 –


3,362 4,806


2,018 –


98


9,375 –


16,297


1,621 3,971


25 5,617 21,914


5,081 2,292 3,236 1,148 2,172 664 173


3,121 705 559 529


10,377 30,057


93 – –


3,124 32


33,306


191 111


– 302 33,608


(5,081) (4,199) (3,236) (1,148) (2,172) (664)


(2,048)


(3,121) (979) (475) (529)


(13,661) (37,313)


(3)


(527) –


(16,662) (32)


(54,537) –


(16) –


(16) (54,533)


– – – – – –


89


– – – – –


89


40 – –


322 –


451 –


193 –


193 644


– – – – – –


2,148


– – – – –


2,148


(2,148) 527 –


18,192 –


18,719 –


(527) –


(527) 18,192 –


(844) – – – –


362


– –


191 –


78 (213)


– –


98


14,351 –


14,236


1,812 3,732


25 (5,569) 19,805


On 1 December 2010, the Charity Commission granted War on Cancer a uniting direction with Cancer Research UK. On this date, the funds of War on Cancer of £2.1 million were transferred to Cancer Research UK and are shown as a transfer between funds above. War on Cancer is now shown as a restricted fund within Cancer Research UK’s accounts.


The net assets of the Beatson Institute for Cancer Research at 31 March 2011 of £19.2 million (Note 17c) are offset by the negative goodwill in the balance sheet of £4.8 million (Note 18).


The Bobby Moore Fund has fallen into deficit this year. This is due to grants awarded but not yet paid during the year, which will be paid out of funds from future years’ fundraising activities. Transfers in of £18.2 million comprise mainly £17.4 million of grants awarded to the Beatson from Cancer Research UK’s general fund.


Net


Incoming resources £000


Resources expended £000


investment gains £000


Transfers between funds £000


Balance at 31 March 2011 £000


Annual Report and Accounts / Notes to the Accounts / 49


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64