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