Yudu - Annual Report and Accounts 2010/11

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 –

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)

– – – – – –

– – – – –

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)

– –

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