TEENAGE CANCER TRUST
Charity overview
Activities - how the charity spends its money
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 by 1. The development, construction and support of teenage cancer units 2. 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
Income and expenditure
Data for financial year ending 31 December 2023
Total income:
£16,116,561
| Donations and legacies | £13.88m | |
| Charitable activities | £0 | |
| Other trading activities | £2.03m | |
| Investments | £214.76k | |
| Other | £0 |
Total expenditure:
£21,646,717
| Raising funds | £8.61m | |
| Charitable activities | £13.03m | |
| Other | £0 |
£126,227 investments gains (losses)
Charitable expenditure
Charitable expenditure with investment gains
Charitable expenditure
Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.
In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.
Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.
By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.
| Raising funds and other expenditure | £8.61m | |
| Charitable expenditure | £13.03m |
People
175 Employee(s)
11 Trustee(s)
563 Volunteer(s)
Employees with total benefits over £60,000
| Number of employees | |
|---|---|
| £60k to £70k | 9 |
| £70k to £80k | 7 |
| £80k to £90k | 3 |
| £90k to £100k | 4 |
| £100k to £110k | 1 |
| £130k to £140k | 1 |
Fundraising
Trading
Trustee payments
What, who, how, where
- Education/training
- The Advancement Of Health Or Saving Of Lives
- Children/young People
- Other Charities Or Voluntary Bodies
- Other Defined Groups
- The General Public/mankind
- Makes Grants To Organisations
- Provides Human Resources
- Provides Buildings/facilities/open Space
- Provides Services
- Provides Advocacy/advice/information
- Sponsors Or Undertakes Research
- Throughout England And Wales
- Northern Ireland
- Scotland
Governance
- 29 May 1997: Standard registration
- 22 February 2017: Funds received from 1049851 THE PATRICIA MARY GAMMON TRUST
- 01 November 2018: Funds received from 1150083 THE JANE KASLER FOUNDATION
- 11 February 2019: Funds received from 1141849 NEVER GIVE UP
- 25 August 2022: Funds received from 327529 THE MOSS FAMILY CHARITABLE TRUST
- 15 February 2023: Funds received from 1147442 PETER'S PLACE
- 05 April 2023: Funds received from 1117581 BARNSLEY CANCER AFTERCARE
- 10 July 2023: Funds received from 1178893 RHYS' DONATION FOUNDATION
- 24 January 2024: Funds received from 268645 MRS S L CHAMBERS' CHARITABLE TRUST
No other names
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service
11 Trustee(s)
| Name | Role | Date of appointment | Other trusteeships | Reporting status of other trusteeships | ||||||||
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| PAUL SPANSWICK | Chair | 05 January 2012 |
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| Professor Rachael Emma Hough | Trustee | 03 November 2022 |
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| Gurinderjit Kaur Carr | Trustee | 10 February 2022 |
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| Susan Jane Morgan | Trustee | 04 May 2021 |
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| Richard Martin Baillie Waterworth | Trustee | 11 February 2021 |
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| Jeremy Paul Seigal | Trustee | 18 July 2019 |
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| Jeremy Harmsworth Shute | Trustee | 20 July 2015 |
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| Varda Shine | Trustee | 20 July 2015 |
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| Caren Ayre Hindmarsh | Trustee | 20 July 2015 |
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| RICHARD BARRY ROSENBERG | Trustee |
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| RONNIE HARRIS | Trustee |
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Financial history
Financial period end date
| Income / Expenditure | 31/12/2019 | 31/12/2020 | 31/12/2021 | 31/12/2022 | 31/12/2023 | ||
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Total gross income | £18.35m | £15.63m | £16.34m | £18.66m | £16.12m | |
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Total expenditure | £17.47m | £14.96m | £15.75m | £19.01m | £21.65m | |
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Income from government contracts | N/A | N/A | N/A | N/A | N/A | |
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Income from government grants | N/A | £1.13m | £57.75k | N/A | N/A | |
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Income - Donations and legacies | £14.68m | £13.79m | £15.59m | £14.93m | £13.88m | |
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Income - Other trading activities | £3.60m | £679.37k | £643.29k | £3.57m | £2.03m | |
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Income - Charitable activities | £0 | £0 | £47.42k | £0 | £0 | |
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Income - Endowments | £0 | £0 | £0 | £0 | £0 | |
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Income - Investment | £74.33k | £32.70k | £3.37k | £155.25k | £214.76k | |
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Income - Other | £0 | £1.13m | £57.75k | £0 | £0 | |
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Income - Legacies | £430.62k | £235.35k | £510.30k | £258.60k | £404.07k | |
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Expenditure - Charitable activities | £10.55m | £9.79m | £10.14m | £11.26m | £13.03m | |
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Expenditure - Raising funds | £6.91m | £5.17m | £5.61m | £7.74m | £8.61m | |
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Expenditure - Governance | £510.85k | £527.11k | £620.68k | £804.24k | £1.00m | |
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Expenditure - Grants institution | £0 | £0 | £0 | £0 | £0 | |
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Expenditure - Investment management | £0 | £0 | £0 | £0 | £0 | |
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Expenditure - Other | £0 | £0 | £0 | £0 | £0 |
Assets and liabilities
Definitions for assets and liabilities
These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.
Long term InvestmentsInvestments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.
These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.
Defined benefit pension scheme asset or liabilityThis is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.
Total liabilitiesThese are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.
| Asset / Liability | 31/12/2019 | 31/12/2020 | 31/12/2021 | 31/12/2022 | 31/12/2023 | ||
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Own use assets | £14.42k | £0 | £178.00k | £154.00k | £136.00k | |
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Long-term investments | £0 | £0 | £0 | £7.91m | £7.09m | |
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Other assets | £16.85m | £18.45m | £18.17m | £9.81m | £6.21m | |
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Defined benefit pension scheme asset or liability | £0 | £0 | £0 | £0 | £0 | |
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Total liabilities | £1.99m | £2.91m | £2.22m | £2.30m | £3.26m |
Accounts and annual returns
| Title | Reporting year | Date received | Received | Download |
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| Annual return | 31 December 2023 | 19 September 2024 | On Time | |
| Accounts and TAR | 31 December 2023 | 19 September 2024 | On Time | Download Open in new window |
| Annual return | 31 December 2022 | 31 October 2023 | On Time | |
| Accounts and TAR | 31 December 2022 | 31 October 2023 | On Time | Download Open in new window |
| Annual return | 31 December 2021 | 27 July 2022 | On Time | |
| Accounts and TAR | 31 December 2021 | 27 July 2022 | On Time | Download Open in new window |
| Annual return | 31 December 2020 | 27 July 2021 | On Time | |
| Accounts and TAR | 31 December 2020 | 27 July 2021 | On Time | Download Open in new window |
| Annual return | 31 December 2019 | 20 August 2020 | On Time | |
| Accounts and TAR | 31 December 2019 | 20 August 2020 | On Time | Download Open in new window |