OpenCharities

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2023-03-31-accounts

Page
Legal and administrative
information
Trustees'
(directora) report
2-4
Independent
examiner's
report
Statement offinancial activities
Balance sheet 7-8
Notes to the financial
statements
9-tl

Charity number Charity number Charity number l073453
Company registration number 02949804
Registered office 7-8Ritz Parade
Western Avenue
London
W5 3RA
Charity Trustees (directors) P JFranks
CJMoffatt
S GMurray
JA Stirling
Secretary PJFranks
Independent examiner Arvind Joshi FCA CTA DChA
Levy + Partners Limited
Chartered
Accountants
7-8Ritz Parade
Western Avenue
London
W5 3RA
Bankers Barclays Bank pic
Fulham Broadway Branch
Hammersmith Business Centre Group
P0Box738
London W6 9HY

Fina nciaI review Fina nciaI review
In the period under review the company returned adeficit on ordinary activities:
Surplus on ordinary
activities
(24,540)
Retained reserves brought forward 58,989
Retained reserves carried forward 34,449

Unrestricted 2023 2022
funds Total Total
Notes
Income
Research 65,500 65,500 97,354
Bank interest received 187 187 15
Total income 65,687 65,687 97,369
Expenditure
Research costs 44,714 44,714 26,207
Governance
costs
45,513 45,513 44,461
Total expenditure 90,227 90,227 70,668
Net movement in funds (24,540) (24,540) 26,701
Total funds brought forward 58,989 58,989 32,288
Total funds carried forward 34,449 34,449 58,989

as at31M arch 20 23
2023 2022
Notes
Current
assets
Cash at bank and in hand 44,768 68,978
44,768 68,978
Creditors: amounts falling
due within one year 6 (10,319) (9,990)
Net current assets 34,449 58,988
Net assets 34,449 58,988
Funds ofthe charity
Unrestricted funds 34,449 58,988
Total charity funds 34,449 58,988

Costs of charitable
activities
Unrestricted 2023 2022
funds Total Total
g
Wages k Salaries 44,714 44,714 26,207
44,714 44,714 26,207

3. Governance costs
Unrestricted 2023 2022
funds Total Total
Accountancy fees 1,224 1,224 1,224
Insurance 2,733 2,733 2,593
Professional 100 100 100
Office costs 1,640 1,640 1,556
General expenses 35 35 35
Bank charges 102 102 122
Research dt development costs 39,679 39,679 38,831
45,513 45,513 44,461
4. Employees
Employment costs 2023 2022
Wages and salaries 44,714 26,207
No employee received emoluments ofmore than 860,000(2022:None).
Number of employees
2023 2022
Number Number
1.2 1.2

6. Creditors: amounts falling due
within
one year
2023 2022
Other creditors 7,156 7,156
Other taxes and social security 1,795 1,466
Other creditors 1,368 1,368
10,319 9,990
7. Unrestricted
funds
At At
I April Incoming Outgoing 31March
2022 resources resources 2023
Unrestricted
Funds
58,989 65,687 (90727) 34,449