THE ROYAL MARSDEN CANCER CHARITY
Latest income
£34.0m
Latest spending
£36.5m
Registered
2002
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that total funds increased to £130.2 million, with free reserves of £36.3 million significantly exceeding the stated policy target of £10 million. The charity generated £34 million in income and made £26.8 million in grants, resulting in a strong financial position with no material uncertainties reported regarding its ability to continue as a going concern.
What the accounts disclose
Highest-paid employee band: £140,001 - £150,000 — above the median for charities its size (£125k)
“The Managing Director’s basic salary in 2024/25 was £149,102 (2023/24: £143,367).” — page 31
Per its FY2025 accounts as filed with the Charity Commission.
Reserves policy: £10 million (held: £36.3m)
“Trustees maintained the free reserves policy target level at £10 million with a minimum level of £5 million, equivalent to at least six months of direct fundraising expenditure.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Charity makes grants to The Royal Marsden NHS Foundation Trust. Grant and funding awarded to The Royal Marsden during the year was £23 million (2023/24: £19.5 million).
“Grant and funding awarded to The Royal Marsden during the year was £23 million (2023/24: £19.5 million). Grants payable owed to The Royal Marsden at 31 March 2025 totalled £40.8 million (31 March 2024: £33.6 million). The Charity has provided an interest-free loan of £226,000 (2023/24: £226,000) to The Royal Marsden to offer support to staff for season tickets and bicycle purchases.”
“The Royal Marsden NHS Foundation Trust also provides a number of services to the Charity, which are recharged under a contractual service level agreement. The total amount payable to The Royal Marsden for its staff under the service level agreement for the year was £218,000 (2023/24: £363,000), with an additional £155,000 (2023/24: £24,000) in relation to other ancillary services.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: The Royal Marsden NHS Foundation Trust provides services to the Charity under a service level agreement.
“Grant and funding awarded to The Royal Marsden during the year was £23 million (2023/24: £19.5 million). Grants payable owed to The Royal Marsden at 31 March 2025 totalled £40.8 million (31 March 2024: £33.6 million). The Charity has provided an interest-free loan of £226,000 (2023/24: £226,000) to The Royal Marsden to offer support to staff for season tickets and bicycle purchases.”
“The Royal Marsden NHS Foundation Trust also provides a number of services to the Charity, which are recharged under a contractual service level agreement. The total amount payable to The Royal Marsden for its staff under the service level agreement for the year was £218,000 (2023/24: £363,000), with an additional £155,000 (2023/24: £24,000) in relation to other ancillary services.”
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Donations received from Trustees and related parties.
“Grant and funding awarded to The Royal Marsden during the year was £23 million (2023/24: £19.5 million). Grants payable owed to The Royal Marsden at 31 March 2025 totalled £40.8 million (31 March 2024: £33.6 million). The Charity has provided an interest-free loan of £226,000 (2023/24: £226,000) to The Royal Marsden to offer support to staff for season tickets and bicycle purchases.”
“The Royal Marsden NHS Foundation Trust also provides a number of services to the Charity, which are recharged under a contractual service level agreement. The total amount payable to The Royal Marsden for its staff under the service level agreement for the year was £218,000 (2023/24: £363,000), with an additional £155,000 (2023/24: £24,000) in relation to other ancillary services.”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: Royal Marsden Cancer Campaign Trading Company Limited
“The Group consists of The Royal Marsden Cancer Charity and Royal Marsden Cancer Campaign Trading Company Limited.”
Per its FY2025 accounts as filed with the Charity Commission.
Corporate structure
- Registered company of the charity Companies House 04615761
- Trading subsidiary: ROYAL MARSDEN CANCER CAMPAIGN TRADING COMPANY LIMITED Companies House 04722285
Leadership, per the charity’s website
- Sir Douglas Flint CBE — Chairman
- Antonia Dalmahoy — Managing Director
Structured financials (annual return, FY ending 31/03/2025)
Total income
£34.0m
Total spending
£36.5m
Cost of raising funds
£8.2m
Reserves (reported)
£36.3m
Employees
106
Register events
- Received assets from another charity (21/10/2025)
- Received assets from another charity (07/06/2024)
- Received assets from another charity (29/08/2023)
- Received assets from another charity (06/07/2023)
- Received assets from another charity (30/03/2023)
- Received assets from another charity (09/05/2022)
Trustees
- Sir DOUGLAS JARDINE FLINT CBEchair
- Andrew Fisher OBE
- Anuj Ranjan
- Baroness Olivia Caroline Bloomfield
- Dame Anya Hindmarch DBE
- Dame CAROLINE PALMER
- Professor David Cunningham
- ROGER GRAY
- Russell Chambers
- Sir Terry Leahy
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £34.0m | £36.5m |
| 31/03/2024 | £35.9m | £28.2m |
| 31/03/2023 | £34.4m | £21.7m |
| 31/03/2022 | £31.2m | £43.2m |
| 31/03/2021 | £32.9m | £48.5m |
Common questions
Is THE ROYAL MARSDEN CANCER CHARITY financially healthy?
The accounts state that total funds increased to £130.2 million, with free reserves of £36.3 million significantly exceeding the stated policy target of £10 million. The charity generated £34 million in income and made £26.8 million in grants, resulting in a strong financial position with no material uncertainties reported regarding its ability to continue as a going concern. Its FY2025 accounts were audited by Buzzacott Audit LLP.
What does the highest-paid employee of THE ROYAL MARSDEN CANCER CHARITY earn?
Per its FY2025 accounts, the highest-paid employee was in the £140,001 - £150,000 band.
Who funds THE ROYAL MARSDEN CANCER CHARITY?
Funders whose own accounts filings name THE ROYAL MARSDEN CANCER CHARITY as a grant recipient include DENISE COATES FOUNDATION, THE DORFMAN FOUNDATION, LADY GARDEN FOUNDATION, THE THOMPSON FAMILY CHARITABLE TRUST, KUSUMA TRUST UK.
Known funders
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| COUNTY AIR AMBULANCE TRUST | 1 | £354k |
| PARKINSON'S DISEASE SOCIETY OF THE UNITED KINGDOM | 1 | £169k |
| THE BRIDGE RENEWAL TRUST | 1 | £131k |
| ENFIELD LIONS CLUB (CIO) | 1 | £50k |
| THE DANSON FOUNDATION | 1 | £20k |
| THE STELLA AND ALEXANDER MARGULIES CHARITABLE TRUST | 1 | £18k |
| THE ELIZABETH FRANKLAND MOORE AND STAR FOUNDATION | 1 | £16k |
| THE VICTORIA FOUNDATION | 1 | £9k |