| Page | |||||
|---|---|---|---|---|---|
| Trustem' annual report |
(incorporating | the | director's report) | ||
| Independent examiner's |
report tothe | trustees | |||
| Statement offinancial | activities (including | income and expenditure | |||
| account) | |||||
| Statement offinancial | position | ||||
| Notes tothe financial | suuements | 10 |
| Regtsteml | charity name | charity name | Peninsula Medical Foundation |
Peninsula Medical Foundation |
||
|---|---|---|---|---|---|---|
| Charity registration | number | 1060423 | ||||
| Company registration | number | 03300591 | ||||
| Principal oSke and registered | Methetell Gsrd | |||||
| since | Old Memorial Hall | |||||
| Morvsl | ||||||
| Looe | ||||||
| Comwall | ||||||
| PL13 1PN | ||||||
| Mr DCWilhns | ||||||
| Mrs SJHobbs | 8Decembm 2021) | |||||
| Mr JBKitson DL | ||||||
| MsJHopkinson | (Resigoed | 8December 2021) | ||||
| Mr H Andensm | ||||||
| Mr NBBuddsnd | ||||||
| PmfJA Copplestone | ||||||
| Ms RJames | ||||||
| Mr PMcAnfie | ||||||
| Mr RH GMichelmore | ||||||
| Mr M Plant | ||||||
| MrPVosper | ||||||
| PmfCTLewis OBE | ||||||
| Pmf H Khalil | ( ppointed | 8Decemtnn 2021) | ||||
| Independent | ezsmlner | Guy Ian Nortbcott FCA DCbA | ||||
| Northcott Tnnnfield | Chattenxl | Accountants | ||||
| Devonshire Villa |
||||||
| 52 Stuart Road | ||||||
| Stohe | ||||||
| Plymouth | ||||||
| PL34EE |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| fimds | funds | Total fends | |||||
| Nets | f | ||||||
| Income and endowments | |||||||
| Donations and legacies |
5 | 450,439 | 8,838 | 459377 | 8,961 | ||
| Investment income |
6 | 4,431 | 4,431 | 5480 | |||
| Total income | 454,870 | 8,838 | 463,708 | 14341 | |||
| Expenditure | |||||||
| E penditme on miring fends: |
|||||||
| Costa ofrsismg dotunions | and | ||||||
| legacies | 7 | 1,256 | 1,256 | 7,924 | |||
| Invesnnent management |
costs | 8 | 2,023 | 2,023 | 1,756 | ||
| Expenditure on charitable activities |
9,10 | 193,876 | 9,819 | 203,695 | 47,121 | ||
| Total expenditure | 197,155 | 9,819 | 206,974 | 56,801 | |||
| Net gains on invesnnnnts | 13 | (15,099) | (15,099) | (5,159) | |||
| Net income/(expenditure) | aud net | movement | |||||
| iu funds | 272,814 | (981) | 271,833 | (37,401) | |||
| Reconetaattou offunds | |||||||
| Toad funds brought forward | 167,097 | 45,491 | 212,588 | 249@89 | |||
| Total funds carried forward | 439,911 | 44,510 | 484,421 | 212488 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Note | f. | ||||
| Fixed assets | |||||
| Tantpbte fixed assets | 18 | 474 | 632 | ||
| laveshnents | 19 | 206,933 | 199,426 | ||
| 207,407 | 200,058 | ||||
| 20 | 427,116 | 1,926 | |||
| 34,064 | 14,044 | ||||
| 461,180 | 15,970 | ||||
| Credltorst amounts |
falllag due within one year | 21 | 184,166 | 3,440 | |
| Net current assets | 277,014 | 12430 | |||
| Total assets less carreat llabtatles | 484,421 | 212,588 | |||
| Net assets | 484,421 | 212488 | |||
| Funds ofthe charity Restricted funds U~ funds: |
44410 | 45,491 | |||
| Revaluation reserve |
34362 | 21,730 | |||
| Other unrestricted | income fimds | 405449 | 145367 | ||
| Total uar striated fends | 439,911 | 167,097 | |||
| Total charity lhnds | 22 | 484,421 | 212,588 |
| DtindItt | |||
|---|---|---|---|
| onaons a egaco | U~ | Restricted | Total Funds |
| Funds f |
Funds f. |
2022 f |
|
| Donations | |||
| Donations | 20@23 | 8,838 | 29,061 |
| Gift Aid received | 6,006 | 6,006 | |
| Legades | |||
| The Elwyn Thomas Memorial Pand | 375,877 | 375,877 | |
| Mrs JA Gibbs | 48333 | 48,333 | |
| 450,439 | 8,838 | 459377 | |
| Umestricted | Total Funds | ||
| Funds | 2021 | ||
| f | |||
| Donations | |||
| Donations | 7356 | 7356 | |
| Gift Aid received | 1,705 | 1,705 | |
| Legades | |||
| The Elwyn Tlmnas Memoria Fuad | |||
| Mrs JA Gil&bs | |||
| 8,961 | 8,961 |
| Itt | i | ||||
|---|---|---|---|---|---|
| nvesmea | ncome | U~ | Total Funds | Unrestricted | Total Funds |
| Fuads f |
2022 | Funds f |
2021 | ||
| Income from | listed investments | 4,431 | 4,431 | 5471 | 5371 |
| Bank interest | receivable | 9 | 9 | ||
| 4,431 | 4,431 | 5380 | 5480 |
| 7. | Costs ofrai | sing donations | and Iegades | |||
|---|---|---|---|---|---|---|
| Umesnicted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2022 | Funds | 2021 | |||
| f | ||||||
| Consultancy | 6,919 | 6,919 | ||||
| Just giving fees | 216 | 216 | 216 | 216 | ||
| Advertising | 1,040 | 1,040 | 789 | 789 | ||
| 1~6 | 1456 | 7,924 | 7,924 | |||
| 8. | Investment | management | costs | |||
| Portfolio~t | Uruestricted Funds 2,023 |
Total Funds 2022 0 2,023 |
Umestricted Funds 1,756 |
Total Funds 2021 6 1,756 |
||
| 9. | Expenditure | on charitable | acnvltles by ftmd type | |||
| Unrestricted | Restricted | Total Fends | ||||
| Funds | Funds | 2022 | ||||
| Ressort' Grants, Bunsuies | and Prizes | 7,701 | 9,819 | 17,520 | ||
| Medical Research equipment | 182,582 | 182,582 | ||||
| Support costs | 3,593 | 3,593 | ||||
| 193,876 | 9,819 | 203,695 | ||||
| Unrestricted | Reshicted | Total Funds | ||||
| Funds | Funds | 2021 | ||||
| 8 | 6 | |||||
| Research Grants, Bursaries | and Prizes | 40,788 | 40,788 | |||
| Medical Research equipment | ||||||
| Support costs | 6,333 | 6,333 | ||||
| 6,333 | 40,788 | 47,121 |
| Expeaditnre on charitable acttvtttrn by a |
cttvtty type | |||
|---|---|---|---|---|
| Activities | ||||
| Total fends | Total fund | |||
| ~Gnmts, Bursaries snd Prizes Medical Research equipment |
directly 17,520 182,582 |
Support costs 3493 |
2022 0 21,113 182482 |
2021 47,121 |
| 200,102 | 3,593 | 203,695 | 47,121 |
| 11. | Analysis ofsapport cost | s | |||||
|---|---|---|---|---|---|---|---|
| Analysis | of | ||||||
| support costs f |
Total 2022 f |
Total 2021 f |
|||||
| Geneml office | 270 | 270 | 535 | ||||
| Accounts A~on |
2,464 702 |
2,464 702 |
5,680 468 |
||||
| Depreciation | 158 | 158 | 210 | ||||
| 3,594 | 3,594 | 6,893 | |||||
| 12. | Analysis ofgreats | ||||||
| 2021 | |||||||
| Grants to nsntunens | |||||||
| Rcseareh Grants | 11,890 | 30,746 | |||||
| Grants toindividuals | |||||||
| Bursaries and Prizes | 1,000 | 2375 | |||||
| Vandervell Elective Award |
7,767 | ||||||
| Boun Tumour Research | 4,629 | ||||||
| 5,629 | 10,042 | ||||||
| Total gnmts | 17,519 | 40,788 | |||||
| All grants are tothe University ofPlymouth | |||||||
| Please see note 22formore detail. | |||||||
| 13. | Net gains on investmeats | ||||||
| Unrestricted | Total Fends | Unrestricted | Total Funds | ||||
| Funds f. |
2022 f |
Funds | 2021 f |
||||
| Gates/fosses) on listed mvestments |
15,099 | 15,099 | 5,159 | 5,159 | |||
| 14. | Net income/(espenditure) | ||||||
| Net Income/(ezpendiuue) | is stated after charging/(creditiug): | ||||||
| 2022 | 2021 | ||||||
| f | |||||||
| Depreciation oftangible ffzed assets | 158 | 210 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| 8 | ||||
| Fees payable | tothc independeat | examiner for: | ||
| Independent | semination ofthe | financial statements | 14&4 | 1,440 |
| Cost | |
|---|---|
| At 1Februmy 2021and 31Janumy 2022 | 879 |
| Deprelatiau | |
| At I February 2021 | 247 |
| Charge forthe year | 158 |
| At 31January 2022 | 405 |
| Canytng amount |
|
| At31January 2022 | 474 |
| At 31January 2021 | 632 |
| Company Limited by Guarantee Notes to the Finandal Statementsf~ |
Company Limited by Guarantee Notes to the Finandal Statementsf~ |
Company Limited by Guarantee Notes to the Finandal Statementsf~ |
|||
|---|---|---|---|---|---|
| Year ended 31January 2022 | |||||
| 19. | Investmeats | ||||
| Listed | |||||
| investmeuts | |||||
| Cost or valuation | |||||
| At 1February 2021 | 12,171 | 187355 | 199,426 | ||
| Additions | 152 | 39,722 | 39,874 | ||
| ispossls | (5,883) | (41,809) | (47,692) | ||
| Fair value movements | 15,099 | 15,099 | |||
| Transfers | 226 | 226 | |||
| At31January 2022 | 200,493 | 206,933 | |||
| Impairment At 1February 2021 |
snd 31January 2022 | ||||
| Carrying amount | |||||
| At31January 2022 | 6,440 | 200,493 | 206,933 | ||
| At 31Jsnmry 2021 | 12,171 | 187~5 | 199,426 | ||
| ABinvestments shown above are held atvaluation. |
|||||
| Ftnsndal assets held | atfair value | ||||
| All investments shown above are held atvaluation. |
|||||
| 20. | Debtors | ||||
| 2022 | 2021 | ||||
| f | |||||
| 424,210 | 221 | ||||
| 2,906 | 1,705 | ||||
| 427,116 | 1,926 | ||||
| 21. | Creditors: amounts | falling due within one year | |||
| 2022 | 2021 | ||||
| f | |||||
| 184,166 | 3,440 |
| Un estrtcte | d aurds | |||||||
|---|---|---|---|---|---|---|---|---|
| Gains and | At | |||||||
| ht | 1Feb 2021 | Income | Expenditure | Transfers f |
losses | 31Jan 2022 | ||
| General funds | 145,367 | 454,870 | (197,155) | (87,632) | 15,099 | 330~9 | ||
| Revaluation Desigaated |
reserve Fnad- |
21,730 | 12,632 | 34,362 | ||||
| Pos graduate | ||||||||
| Research | 75,000 | 75,000 | ||||||
| 167,097 | 454,870 | (197,155) | 15,099 | 439,911 | ||||
| Gains and | At | |||||||
| At | I Feb2020 | Income f |
Expenditure | Transfers | losses f |
31Jan 2021 | ||
| General funds | 138,605 | 14441 | (16,013) | 3375 | 5,159 | 145,367 | ||
| Revaluation reserve Designated Pund- |
25,105 | (3,375) | 21,730 | |||||
| P stgnuhum | ||||||||
| Research | ||||||||
| 163,710 | 14~1 | (16,013) | — | 5,159 | 167,097 |
| Analysis ofcharitab | le funds |
|||||
|---|---|---|---|---|---|---|
| Gains and | At | |||||
| Just Giving f1,048 | At I Feb 2021 | Income f |
Expenditure f |
Transfers | losses f |
31Jan 2022 f |
| and Vospers f2,600 | 8,838 | (5,190) | 3,648 | |||
| Brain Tumour | ||||||
| Research | 4,629 | (4,629) | ||||
| Dental Academic | ||||||
| Prize | 6,500 | |||||
| Dental School | ||||||
| Prizes | 4,618 | 4,618 | ||||
| Diabetes Plymouth | ||||||
| Fund | 24,663 | 24,663 | ||||
| Dr Gould Prize fund General~ |
73 2,158 |
73 2,158 |
||||
| Hopkins Bursary | ||||||
| May Sullivan Prize | ||||||
| Music Prize | ||||||
| Psrkuusm's Pilot |
||||||
| Project | ||||||
| Peninsuh Prize |
||||||
| Fund | 1,950 | |||||
| Vandervell Elective |
||||||
| Fund | ||||||
| 45,491 | 8,838 | (9,819) | 44+10 | |||
| Gains and | At | |||||
| At I Feb 2020 | Transfers | losses | 31Jaa 2021 | |||
| f | f | |||||
| Just Giving f1,048 | ||||||
| and Vospers f2,600 | ||||||
| Brain Tumour | ||||||
| Research | 29,692 | (25,063) | 4,629 | |||
| Dental Academic | ||||||
| Prize | 6,700 | (200) | 6400 | |||
| Dental School | ||||||
| Prizes | 4,618 | 4,618 | ||||
| Diabetes Plymouth | ||||||
| Fund | 24,663 | |||||
| Dr Gould Prize | ||||||
| fimd | 73 | 73 |
| ended 31January Analysh ofcharitable |
2022 fundsf~ |
||
|---|---|---|---|
| General Restricted Hopkins Bursary |
2,158 1475 |
(1475) | 2,158 |
| May Sullivan Prize | 800 | (800) | |
| Music Prize | 900 | ||
| Parkbuon's Pilot |
|||
| Pmjact | 5,683 | (5,683) | |
| Peninsula Prize | |||
| Pund Vsndervett Blective |
1,950 | 1,950 | |
| Fund | 7,767 | (7,767) | |
| 86379 | (40,788) | 45,491 |
| Unrestricted | Restricted | Total Feeds | ||
|---|---|---|---|---|
| Funds | Fuads | 2022 | ||
| 8 | ||||
| Tangible fixed assets Creditors less than 1 year |
624,077 (184,166) |
44410 | 668,587 (184,166) |
|
| Net assets | 439,911 | 44410 | 484,421 | |
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds f |
2021 | ||
| Tangible fixed assets Creditors less than 1 year |
170,537 (3,440) |
45,491 | 216,028 (3,440) |
|
| Net assets | 167,097 | 45,491 | 212,588 |