This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.
2021-12-31-accounts
| Trustees serving during the year |
Professor John Petrie |
| and up to date of approval |
Dr Gillian Hood |
|
DrAvideh Nazeri |
|
Professor John Gregory |
|
Professor Kamiesh Khunti |
|
Professor Dan Cuthbertson |
|
Professor Simon Griffin |
|
Professor Shareen Forbes |
|
MrAlex Todd |
|
Professor David Russell-Jones |
| Secretary |
Dr Paul Chester |
| Charity number |
1056410 |
| Principal address |
Novo Nordisk UK Research Foundation |
|
3 City Place |
|
Beehive Ring Road |
|
Gatwick |
|
West Sussex |
|
RH60PA |
| Independent examiner |
RSM Tax and Accounting Limited |
|
Chartered Accountants |
|
34 Floor, Portland |
|
25 High Street |
|
Crawley, West Sussex |
|
RH10 1BG |
| Bankers |
Barclays Bank Pic |
|
Corporate Banking |
|
PO Box 3, 1 North End |
|
Croydon, Surrey CR9 1UF |
|
Notes |
2021 |
2020 |
|
|
£ |
£ |
| INCOME from |
|
|
|
| Donations |
2 |
255,000 |
277,733 |
| TOTAL INCOME |
|
255,000 |
277,733 |
| EXPENDITURE on |
|
|
|
| Charitable activities |
3 |
221,987 |
369,965 |
| TOTAL EXPENDITURE |
|
221,987 |
369,965 |
| NET INCOME/(EXPENDITURE) and net movement in funds |
|
33,013 |
(92,232) |
| Reconciliation of funds |
|
|
|
| Balance brought forward at 1 January 2021 |
|
(9,794) |
82,438 |
| Balance carried forward at 31 December 2021 |
8 |
23,219 |
(9,794) |
|
|
|
Notes |
2021 |
2020 |
|
|
|
|
£ |
£ |
| CURRENTASSETS |
|
|
|
|
|
| Debtors |
|
|
5 |
12,000 |
4,059 |
| Cash at bank and in hand |
|
|
|
658,684 |
476,490 |
|
|
|
|
670,684 |
480,549 |
| CREDITORS: Amountsfalling duewithin one year |
|
|
6 |
(319,887) |
(233,459) |
| Netcurrentassets |
|
|
|
350,797 |
247,090 |
| CREDITORS: Amountsfalling due after morethan |
|
one year |
7 |
(327,578) |
(256,884) |
| TOTAL NET (LIABILITIES)/ASSETS |
|
|
|
23,219 |
(9,794) |
| UNRESTRICTED FUND |
|
|
8 |
23,219 |
(9,794) |
| l |
1,12 |
|
|
|
|
Approved bythe trustees on
lfe |
|
and signed on their behalf |
|
by: |
|
| Professor John Petrie |
|
|
|
|
|
| (Chairman) |
|
|
|
|
|
| 2 |
DONATIONS |
2021 |
2020 |
|
|
£ |
£ |
|
Corporate donor |
255,000 |
255,000 |
|
Donated services |
|
22,733 |
|
|
255,000 |
277,733 |
| 3 |
EXPENDITURE ON CHARITABLE ACTIVITIES |
2021 |
2020 |
|
|
£ |
£ |
|
Grants |
|
|
|
Research Fellowships- grants to 1 individual (2020: 1 individuals) |
186,335 |
279,514 |
|
Grants to Doctors- grants to 2 individuals (2020: 3 individuals) |
15,484 |
35,644 |
|
UK Diabetes Fund- grants to 7 individuals (2020: 1 O individuals) |
10,174 |
22,900 |
|
|
211,993 |
338,058 |
| 3 |
EXPENDITURE ON CHARITABLE ACTIVITIES (continued) |
2021 |
2020 |
|
|
£ |
£ |
|
Support costs |
|
|
|
Fund and grantadministration |
|
119 |
|
Foundation administration |
5,734 |
20,918 |
|
|
5,734 |
21,037 |
|
Governance |
|
|
|
Secretarial administration |
|
6,820 |
|
Accountancy fees |
2,460 |
2,430 |
|
Independent Examinersfees |
1,800 |
1,620 |
|
|
4,260 |
10,870 |
|
Total expenditure on charitable activities |
221,987 |
369,965 |
| DEBTORS: |
2021 |
2020 |
|
£ |
£ |
| Other debtor- Grant to reimbursed |
12,000 |
|
| Prepayments |
|
4,059 |
|
12,000 |
4,059 |
| 6 |
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2021 |
2020 |
|
|
£ |
£ |
|
Grants |
315,627 |
229,319 |
|
Accruals |
4,260 |
4,140 |
|
|
319,887 |
233,459 |
| 7 |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN |
2021 |
2020 |
|
ONE YEAR |
£ |
£ |
|
Grants |
327,578 |
256,884 |
| 8 |
UNRESTRICTED FUND |
2021 |
2020 |
|
|
£ |
£ |
|
Balance at 1 January 2021 |
(9,794) |
82,438 |
|
Net (expenditure)/incomeforthe year |
33,013 |
(92,232) |
|
Balance at 31 December 2021 |
23,219 |
(9,794) |