27. Related party transactions
• Mohammed Mehmet is a trustee of Macmillan Cancer
Support. He is also a non-executive director of Public Health
Wales NHS Trust. During 2023 Macmillan made no payments
in relation to commitments from prior years to Public Health
Wales (2022: £39,000) and received a repayment of £3,000
(2022: nil). Macmillan made no support grant commitments
in year (2022: £2,000) and grant writebacks relating to
prior year grants were processed totalling £421,000 (2022:
£439,000). At 31 December 2023, our outstanding amount
owed to Public Health Wales was £104,000 (2022: £522,000).
Other
• Macmillan was a member of the National Cancer Research
Institute (NCRI), until it ceased to operate in 2023, which
brought together the major organisations that fund cancer
research to coordinate their activities including joint funding
initiatives. In 2023, the Charity made payments totalling £nil
(2022 £8,000) to the NCRI for membership.
• Macmillan Cancer Support Jersey Limited (MCSJ Ltd) is
a company limited by guarantee and incorporated in
the Island of Jersey (company number 104090). It is an
independent organisation which carries out fundraising on
the Island and funds Macmillan services. Christopher Scally,
Strategic Partnership Manager for South West England is a
Director of MCSJ Ltd. During 2023 the Charity did not have
any transactions with MCSJ Ltd (2022:£nil).
• The Charity acted as the Secretariat for the All Party
Parliamentary Group on Cancer, a group which brings
together MPs and Peers to improve cancer services. The
Charity operates a separate bank account for the Group
which had a balance of £59,000 (2022: £60,000) as at 31
December 2023.
• The Macmillan Cancer Support Endowment Trust (charity
number 261017-1) was registered in 25 June 2021. The
Endowment Fund aims to protect the future of cancer care
by helping to provide a stable, sustainable source of income
to fund our work in the long term. Donations to fund are
invested. The total value of investments held by the Trust
was £161,000 (2022: £106,000) as at 31 December 2023. The
total cash at bank and in hand held was £nil (2022: £nil).
116
Environmental, social
and governance review
Financial review
Strategic report
Overview
Financial statements
Thank you