TEENAGE CANCER TRUST
The long term objective of Teenage Cancer Trust is to make sure young people's lives don't stop because they have cancer. This is achieved by1. The development, construction and support of teenage cancer units2. The provision and development of regional services in connection with TYA cancers 3. The provision of funding for national initiatives for the benefit of all young people with cancer
Financial health, per its FY2024 accounts
The accounts state that the charity delivered a net surplus of £1.2m for the year ended 31 December 2024, a significant recovery from the £5.4m deficit in the previous year. Total income rose to £19.8m, while total expenditure decreased to £18.9m, resulting in unrestricted reserves of £11.4m. The trustees confirm the charity has adequate resources to continue as a going concern, though they note the need to review the operating model to ensure long-term financial sustainability against income fluctuations.
What the accounts disclose
“Based on a review of our current commitments and risk, the level of reserves needed for 2025 is £10m.”
“In support of its charitable objectives, the Trust operates a wholly owned subsidiary with its own separate Board of Directors. The Teenage Trust (Trading) Limited, company number 02691170, is a company limited by guarantee. The accounts of The Teenage Trust (Trading) Limited are consolidated into the financial statements of the charity.” — page 2
In the news
- Richard Soan breaks half million pound milestone for Teenage Cancer Trust
- Joel Dommett's Teenage Cancer Trust How To Donate Video Election Tesults (bqvUrQXERB)
- Aldi colleagues tackle 900‑mile relay to raise funds for Teenage Cancer Trust
- Remarkable International Show Comes To The Swallow Theatre In Aid Of Teenage Cancer Trust
- Young people must not be overlooked in new Welsh Cancer Strategy, says Teenage Cancer Trust
- Teenage Cancer Trust Launches Football Print Series
- Teenage Cancer Trust appoints new CEO
- Teenage Cancer Trust hires ex-Kobalt exec Sam Winwood to manage music relations
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/12/2025)
Register events
- Received assets from another charity (20/08/2025)
- Received assets from another charity (24/06/2025)
- Received assets from another charity (24/01/2024)
- Received assets from another charity (10/07/2023)
- Received assets from another charity (05/04/2023)
- Received assets from another charity (15/02/2023)
Trustees
- PAUL SPANSWICKchair
- Andrew Mark Ransom
- Caren Ayre Hindmarsh
- Charlotte Emma Kendall
- Gurinderjit Kaur Carr
- Jeremy Harmsworth Shute
- Jeremy Paul Seigal
- Lawrence Engel
- Professor Rachael Emma Hough
- Richard Martin Baillie Waterworth
- Susan Jane Morgan
- Varda Shine
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £21.1m | £20.2m |
| 31/12/2024 | £19.8m | £18.9m |
| 31/12/2023 | £16.1m | £21.6m |
| 31/12/2022 | £18.7m | £19.0m |
| 31/12/2021 | £16.3m | £15.8m |
Common questions
Is TEENAGE CANCER TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity delivered a net surplus of £1.2m for the year ended 31 December 2024, a significant recovery from the £5.4m deficit in the previous year. Total income rose to £19.8m, while total expenditure decreased to £18.9m, resulting in unrestricted reserves of £11.4m. The trustees confirm the charity has adequate resources to continue as a going concern, though they note the need to review the operating model to ensure long-term financial sustainability against income fluctuations. Its FY2024 accounts were audited by Moore Kingston Smith LLP.
Who funds TEENAGE CANCER TRUST?
Funders whose own accounts filings name TEENAGE CANCER TRUST as a grant recipient include Flat Iron Trust, THE PENNIES FOUNDATION, IRWIN MITCHELL CHARITIES FOUNDATION, THE FIDELITY UK FOUNDATION, THE TRUANTS FOUNDATION.
Known funders
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Community Foundation North East | 24/10/2024 | £500 | Grant to Teenage Cancer Trust |
| Community Foundation North East | 02/09/2021 | £2k | A grant to Teenage Cancer Trust |
| Community Foundation North East | 22/07/2021 | £2k | A grant to Teenage Cancer Trust |
| The National Lottery Community Fund | 02/08/2019 | £10k | Find Your Sense of Tumour - Over 18s |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HOBSON CHARITY LIMITED | 2 | £13k |
| THE HISCOX FOUNDATION | 2 | £2k |
| WARRANT OFFICERS' & SERGEANTS' MESS SCHOOL OF ELECTRICAL & MECHANICAL ENGINEERS | 1 | — |
| THE ANNANDALE CHARITABLE TRUST | 1 | £35k |
| THE WATCHES OF SWITZERLAND GROUP FOUNDATION | 1 | £25k |
| THE BATCHWORTH TRUST | 1 | £25k |
| THE OPENWORK FOUNDATION | 1 | £15k |
| DUDLEY AND GEOFFREY COX CHARITABLE TRUST | 1 | £15k |
Charities like this
- CHILDREN WITH CANCER UK
- TEDDY20 SUPPORTING CHILDREN WITH CANCER LIMITED
- THE TANYA'S COURAGE TRUST
- TEENS UNITE FIGHTING CANCER
- THE CANCER TREATMENT AND RESEARCH TRUST CIO
- THE CHILDREN'S CANCER AND LEUKAEMIA GROUP
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| TEENAGE CANCER TRUST | £21.1m | — | — | unclear | — | no doubt |
| CHILDREN WITH CANCER UK | £17.8m | £130,001 - £140,000 | — | unclear | 20.0% | no doubt |
| TEDDY20 SUPPORTING CHILDREN WITH CANCER LIMITED | £125k | — | 0 | unclear | — | no doubt |
| THE TANYA'S COURAGE TRUST | £209k | — | 0 | unclear | — | no doubt |
| TEENS UNITE FIGHTING CANCER | £1.2m | £60,001 - £70,000 | 1 | unclear | — | no doubt |
| THE CANCER TREATMENT AND RESEARCH TRUST CIO | £502k | — | 0 | above | — | no doubt |