8. Subsidiary undertakings
As at 31 December 2023, the Charity had seven wholly-owned subsidiaries which are incorporated in the UK. The registered
address for all the subsidiary undertakings is 89 Albert Embankment, London, SE1 7UQ. All of their taxable profits each year are
transferred to the Charity. The specific activity or status of each company is:
Company registration number Principal activity
Macmillan Cancer Support Trading Limited 2779446 Fundraising trading activities and sale of
Christmas cards and other items
Macmillan Cancer Support Enterprises Limited 3123290 Dormant
Cancerbackup 2803321 Dormant
Macmillan Healthcare Lottery Limited 9771479 Seasonal raffle. Trade transferred to Macmillan
Cancer Support in October 2023. Inactive as
at 31 December 2023.
Macmillan Cancer Information Lottery Limited 9771409 Weekly lottery. Trade transferred to
Macmillan Cancer Support in October 2023.
Inactive as at 31 December 2023.
Macmillan Financial Grants Lottery Limited 9494065 Weekly lottery. Trade transferred to
Macmillan Cancer Support in October 2023.
Inactive as at 31 December 2023.
Macmillan Influencing Cancer Care Lottery Limited 9771351 Weekly lottery. Trade transferred to
Macmillan Cancer Support in October 2023.
Inactive as at 31 December 2023.
During the year ended 31 December 2023, the trades of Macmillan Healthcare Lottery Limited, Macmillan Financial Grants Lottery
Limited, Macmillan Cancer Information Lottery Limited and Macmillan Influencing Cancer Care Lottery Limited were transferred to
their parent charitable company, Macmillan Cancer Support, as part of a group restructure. The trade and assets have been reflected
in the balances of the Charity from the date of transfer, with all assets and liabilities presented in the closing balances of the Charity.
The net book value of net assets at the date of transfer for each subsidiary company was £1 and retained earnings was £nil. The profits
of each subsidiary company for the period up to the date of transfer was £nil, due to the requirement under the Articles of Association
to transfer all profits to the parent. Please see note 26 for details regarding profits transferred up until the date of transfer.
These companies were inactive as at 31 December 2023, and will be closed with Companies House during 2024.
102
Environmental, social
and governance review
Financial review
Strategic report
Overview
Financial statements
Thank you