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Bloodwise 56<br />

Notes to the Accounts for the year ended 31 March 2015<br />

Notes to the accounts for the year<br />

ended 31 March 2015<br />

1 INVESTMENT INCOME<br />

2015 2014<br />

£'000<br />

£'000<br />

UK listed equities 754 874<br />

Non-UK listed equities 142 135<br />

Fixed interest stocks 490 472<br />

Bank interest - 3<br />

Rental income 35 44<br />

Interest on legacy accounts 1 7<br />

1,422 1,535<br />

2 RESOURCES EXPENDED<br />

Research<br />

Grants<br />

Staff<br />

Direct<br />

costs<br />

Allocated<br />

Central<br />

Support<br />

costs<br />

Total<br />

2015<br />

Total<br />

2014<br />

£’000 £'000 £'000 £'000 £'000 £'000<br />

Costs of generating funds<br />

Fundraising and Marketing - 2,820 2,245 663 5,728 5,380<br />

LLRT costs (note 7) - - 355 - 355 257<br />

Investment management fees - - 199 - 199 235<br />

Charitable activities<br />

Research 32,297 316 478 75 33,166 24,168<br />

Deferred funding (7,535) - - - (7,535) (3,862)<br />

Unspent funds at completion<br />

of grant (2,057) - - - (2,057) (679)<br />

Patient benefit activities - 840 523 140 1,503 815<br />

Governance costs - 140 44 18 202 251<br />

Total 22,705 4,116 3,844 896 31,561 26,565<br />

Direct costs are those costs associated with providing the activity such as fundraising materials, advertising,<br />

postage and stationery, venue and travel expenses. Central support costs, which include office and premises costs,<br />

are allocated on a basis consistent with use of resources, primarily headcount.<br />

Staff costs and allocated central support costs are allocated on the basis of a combination of time spent on each<br />

activity and headcount.<br />

Governance direct costs include auditor’s remuneration, legal and professional fees and Trustees’ expenses.<br />

Bloodwise trading as Leukaemia & Lymphoma Research Company limited by guarantee 738089<br />

Registered charity 216032 (England & Wales) SC037529 (Scotland)

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