Cancer ResearchUK is theworld’s leading cancer charity dedicated to saving lives through research.

Our groundbreaking work into the prevention, diagnosis and treatment of cancer has seen survival rates double in the last 40 years. Our scientists and doctors have contributed to most of the world’s top cancer drugs and we have pioneered the use of life-saving radiotherapy to treat cancer. But more than one in three of us will still get cancer.

We receive no government funding for our research. Thanks entirely to the generosity and support of the public, our researchers lead the world in discovering new ways to fight cancer, helping more people beat this devastating disease.

Contents

02 Chairman’s statement 03 Chief Executive’s statement 04 Some of our highlights from the year 05 Our life-saving research 08 Helping people to prevent and understand cancer 09 Influencing public policy and campaigning for change 10 Our finances 16 Our governance, structure and management

Achieving our vision to beat cancer

Our purpose We carry out world-class research to improve our understanding of cancer and find out how to prevent, diagnose and treat different kinds of cancer. We ensure that our findings are used to improve the lives of all cancer patients. We help people to understand cancer, the progress we are making and the choices each person can make. We work in partnership with others to achieve the greatest impact in the global fight against cancer.

Thanks to Katie – a leukaemia survivor – and her mum Siobhan for featuring on the cover of this Annual Report and Accounts. Read about their story and our work in our Annual Review 2010/11. aboutus.cancerresearchuk.org/our-annual-publications

23 Trustees’ responsibilities 24 Independent Auditors’ Report 25 Consolidated Statement of Financial Activities 26 Balance Sheets 27 Consolidated Cash Flow Statement 28 Notes to the accounts 60 Legal and administrative details 61 Find out more and get involved

Our goals In 2007 we set ten ambitious goals that we aim to achieve by 2020 with the help of our partners. To find out more visit aboutus.cancerresearchuk.org/who-we-are/our-goals

7. 8. We will especially tackle cancer in low income communities 9. People with cancer will get the information they need 10. We will continue to fight cancer beyond 2020

1. People will know how to reduce their risk of cancer 2. The number of smokers will fall dramatically 3. People under 75 will be less likely to get cancer 4. Cancer will be diagnosed earlier 5. We will understand how cancer starts and develops 6. There will be better treatments with fewer side effects More people will survive cancer