THE CANCER TREATMENT AND RESEARCH TRUST CIO
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £1,204,178 at year-end, which the trustees confirm exceeds their stated policy target of £350,000. The charity reported a net income increase to £359,949 for the year, driven by higher donations and investment income, while total expenditure decreased to £142,202. The trustees consider the charity to be a going concern with sufficient resources to meet obligations for at least the next 12 months.
What the accounts disclose
“It is the policy of CTRT to hold £350,000 in reserve in addition to the costs associated with any committed research projects for this purpose to ensure we can continue operation for up to 3 years and fulfil our commitments until their completion.” — page 6
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Professor Michael Julian Seckl PhDchair
- Dr Anand Sharma
- Dr David James Pinato
- Dr Ehsan Ghorani
- Glen Williams
- Kirandeep Kaur Grewal
- PROFESSOR GORDON JOHN SAMPSON RUSTIN
- Professor PAUL DANIEL NATHAN
- Russell John Hallam
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £502k | £142k |
| 31/12/2023 | £180k | £223k |
| 31/12/2022 | £382k | £203k |
| 31/12/2021 | £0 | £0 |
Common questions
Is THE CANCER TREATMENT AND RESEARCH TRUST CIO financially healthy?
The accounts state that unrestricted reserves stood at £1,204,178 at year-end, which the trustees confirm exceeds their stated policy target of £350,000. The charity reported a net income increase to £359,949 for the year, driven by higher donations and investment income, while total expenditure decreased to £142,202. The trustees consider the charity to be a going concern with sufficient resources to meet obligations for at least the next 12 months. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CECIL PILKINGTON CHARITABLE TRUST | 2 | £55k |
| THE ANNANDALE CHARITABLE TRUST | 2 | £37k |
| THE JOSEPH AND LILIAN SULLY FOUNDATION | 2 | £35k |
| THE WILLIE AND MABEL MORRIS CHARITABLE TRUST | 2 | £11k |
| THE JONATHAN TOWLER FOUNDATION | 2 | £7k |
| THE EARL FITZWILLIAM CHARITABLE TRUST | 2 | £6k |
| CBRE UK CHARITABLE TRUST | 2 | £4k |
| ONE FOOTSTEP | 1 | — |