UPDATE - Issue 19 - October 2004
2003/04 Accounts break records
Christmas will be upon us before we can pronounce the word marzipan.
Yet as each month comes into focus so the work and achievements of Prostate Research Campaign UK intensifies. The pie charts shown relate to our accounts for the year up to 31st March 2004. They represent income totalling £617,000, of which fund raising events amounted to £339,964. Amongst these, two achievements stand out, namely the ascent of Mount Kilimanjaro by Professor Roger Kirby and his splendid team and the spectacular fund raising in and around Somerset by Mrs. Jennifer Sheldon. Donations plus associated gift aid make up the second largest slice of the pie at £168,656 whilst legacies, bequests and in memoriam amounted to £79,414. To all who helped us in whatever way here's a great big thank you.
On the expenditure side,£345,298 was spent on research grants. In recent years we have now spent in excess of £1 million on research seeking the answers to the enigmatic prostate riddles. The second largest expenditure item was £78,395, spent on furthering the charity's important objectives of raising awareness and providing information about prostate diseases and their treatment. Our supporters will be glad to hear that our Administration and Management costs were under 15% of expenditure.
At the time of writing, the research community are being invited to participate in a new and bigger round of research awards. Research cannot be funded on the cheap. It costs money - lots of money that must be found if we are to push the frontiers of knowledge further and further. Needs, however, are unending. That's why your personal enthusiasm and support is vital now and always.
We are going through a period of change and have recruited staff to support John Anderson at our new offices in South West London. It is essential to build on the successes of recent years and to expand. Naturally we must be prudent at such a stage in our development but we must also recognise the well-worn adage that we must speculate to accumulate.
The pie charts tell a story of progress coupled with good housekeeping.