Registered Chwlty Number 1075453 FI8dr Famity Trust Report and A(munts For The Year Ended 31 December 2020
Fls¢her Famlly Trust Report and accounts Cont•nts gg TTU#tw' RePt Charity Infornauon Statement of Trustee6' respon8blllUes IndapèThlantAu¢Jltor$' reptyt Statement ol Flnandal A¢tIeS Bala ¥hggt Cash flowstatement 10 Notes to the 8nI8 11 Dethid Slatem8nt of Financkql fv£tNiti85 18
Fl8ch8r F•mlly TTust rh• report of the IruBteo8 for the yr endgd 31 D•c•mb•r 2020 Introdu¢tbn Tlw Iru8lee8 tywenl t11 ann1 r¢pryt and aecounts fef thè r •rJ#d 3191 EetmbBr ard of truBIo06 WO 6aU6fi00 th• p•rformanc• of Ihg 1fty durfng the year 8nd tha Pcsluon HI 316t Decombor 2020 and con$ld8r tbt the chBdty L8 In a Slrong p08111on to conttnu8 Its 8cllvllles durlng Ihe coming ar, and that the tharitls assèts Are adoquate lo fldfil its Olga1jnl. 14am•, regl8t•r offlc• and conBtltutlon of tho charfty 5-7 Wo$1 Centr, 127 YV1¢AVenUo, P•rk, OX14 4SA 1075453 ChatyR8glslrallon Numbw Obl•e¢Trn• •nd Actlvlth• of tho Charlty ob11¥ KIMtl•• lor tho putsll¢ b•Mfft T of th• Tw•t arn th• advarKnent ol edwauon, hl•lorf¢al •rnJ medkel r88earch. rh8 dm8 for lh8 ya8r are to continue to BUPFQrt projects In th888 8r8as from Inccffla d&rived In th& r. The trwtee8 conffm Ihey h8ve re9< to th8 dne In th& Charlty Commlsslon general guldBn( on put4ic b8nBfit when Ia1ng The Trutst8 and eble¢llve8 and In Flan[4 fuhjre actfvlife8 and 8OtllnG uyanl makfnq Wlcy for IN? >wr. The Tru8tC4TwIo8 1 th888 ty. In qducatbn th• Tru almB to knprov• h •dur4llorMI chokei to •ll by wppwlng Pr0cl8 that 0)nntrate on earty J•Ar8 lèarnlng And anaWrYJ ad1101 dats. On methcal re86arch tho Tru8t alms to support ntUrn8 Ihal concontrato on fesewch thlo DNA modfk4Uon In Iho braln. In 2020 Tru8t 8uppcdod ventur96 rdaled to Coo-19. On hteI¢I r•a•arth th• Trt th8 to •upport yo¢18 th•t ImprLw und•r•tandlNd of NMI An •W•n•llon olth• ch•rlty maln obJ•cWvts for they••r. Durlng the thè Tru8t 8UPWtod medk41 prolec¢• At Sy4tern8 PAd¢)gy Labcrtlory UK CIC nd Quèen Mary uThrty London 8$ wall aÉ 8ducaltyn and othèr all•r pro¢18 Achlov•monts and Perft•rnian¢o of th• Chorlty A r•vl•w of charltabh •¢Uviei•s uftd•th•n by th• ¢lwlty DLwlng th8 ar th8 Tru&t Bltppcrted medlcal eCISI88 COVID-19 t88lng Bupport} at Syslems Bloltyy Labor81ory UK CIC. Dgnatlon$ lor tb989 woJg¢ts totalkd £1,538.411. Tho Trt al8D SUPPOrted prolo¢ts at Quaon Mary Urkn•rnlty Lc¢KJon an(J tm tolal dOnaOnI f lh to¢alkd £227.500. Educstknnal re808r¢h at FF[ Educ8Uon Lld 881f flnBndng In tho year 80 Tru&l dd not rd to BUPPOrt 51 finandalty. Inst&ad Ihe Twst Ped fln8nca Ihe core work of the Succes$ I pro9ramm8 ift the UK aioty with thè prl¢ct ano totsl thnatlon8 f(* th68e proiecl¥ was £685,985. Varfous olhw srnall donalk)n6 wero mats to thdiw¢Juols and Indlvldual charflJo6 In tho broad S $Wpted ty ts Tru•t.
The TTLSi was esIaN&11 the terms of a trL d¢gd 8 Drnter 1998 a d8Bd dabj 21 A0 19Yg. Tr1 is m8nW by th8 tArd rl tres nilh ¢•tskn day b) thy thted to i[ul1S Sy7t8rns BK4cgy L8btyaW UK . M D aTrl K W arF dtrBrtLY5 crf thls organls8knn. D8tal8d (nfcthiakn latsd Fwty trari)r am fvn In 14 tr) th8 trus thnfjfyaTrJ T8¥kwlhe rs Ihg ¢WJs arwj to Rnandal R•vi8w Tl Tnthes look to martsin a res eq lo at knast IlY88 tArJffth of furnfiru f Educatbjn LK a cLrty U D Fwtwar#1 K W PArx*$8we
The Twsfs rgsems ot 1 Jamwy 2020 st(tsJ ot £338, utillsed In Fort alcfflg v•th etheT dornticfis aThJ irKtrne receNed in b)& ar ot £2.015.644 lo lund V8ftOL methcd. histOK81 and educsth)nd w(ds by lh& TntsL TtrÉrt grft •d r8ceipl8 of £476.L1 in Ihe ypar P019:£23.150). financial s18tern8nts are 881 oui on Féges 8 to 1B. ffinarK¥I statements have boe [r18rt in 8oXrddr th the FirArKi81 RwbTrJ Slandwd FRS 11r2 .A% statsd in the th& 8r lo sati. Thg Stslwnenl Lrf Fin•Kial slthf r1 outtykng rBSOLYr8s fcf th8 ature rf£98.357 net11 (2rAtsI natLxe of É1.174. Ir¥xY Jw £ nl . £1A5101 and [t reaiwj kncan 931 rt inIng £153.51 Tha total Y8ser¥e$ 81tt ernl sknd •t£Td8.010 Latoratory UK CIC.
The member6 ofthe Board al Tru8iees ofthe Charlty durlry thg >•ar enthd 31 December 2020 w•r• :_ M D Fischer KW Br¢oks Q J Mcmilkn JLWest The members ot the Board of Trust••s of the Charltyatthe date the report and ateounts w8r• apwovèd w•r•:. M D Th5chgr Kw8kS G J McMSlkn JLWest Bankers Barday5 Bank Wc Oxfcfd CorpoT8t8 B8nklThJ CEntr8 11 Westway Oxfcld OX2 OXP Auditors Ilkr HcvkJ LLP Radlu5 House 51 CL9rendon Road Wath>sd Herts Wn17 1HP
Slatement of Truste. Re¥pon6thlllts The Charib8s k18 the Bwd ol TTwl885 b) F¥Bp8rB fffiarKial slateM fty 83c nanc4al year thich gN8 a true far vi8w of b)8 Stale of 8ff"rs of Ihe as at th& erb ststern¢nts tt Bc¢rd trj:. . rnd(vludpmBnts and esl¥nHtos Ihat arB le85ry and arvj . prewe If stsfeThnts on b8sis ur48sS it . state whelher aN)rAble 8(x)urthJ slarthrds arAI Bklements or The Trustees are aL%o respJn5tikn adeqte 8ccwnti 15sAI)¥e rea¥Jnth acojrxy 8t any frne the poy¢w)n ?thB ckwity and whi( are surrkaent to Sh atNI exF4ain the charitys traTtIo and enat4e them lo ensurp that the finanaal ststements ith regLdaffLs made urhjer th8 char85 A They tre also res Slb f¢Y $8fwrthng the asts of the ¢thity arKI herKe Icf resportslt4ity of th8 8u¢thi£¥ in r8LqlpJn to the tsus1885' rFwt 15 liimted to eyArThrwrvJ the reFrt and ensLrir¢J the face r8Wt. tlre are rx• inxÉ15t8th fAIth the tyr98 dosed In th8 ffinanca sts*m8rts. KW Bro¢>k8 Dlr•eiorand Trust••
Fhchor Fwnlly Trust Independont Audltor5 Report to the Inte5 of Fl8chw FamllyTn*t to tho tFU¥to0 of Flsch•r F8mllyTh18t Thls report Is made solelytothe thatY$truSteeS. as a bo(ty. in accordanWIth re8ulatlcffis made under Section 154 of the Charities Act 2011. Ouraudltworkhas been undertaken so that we might state to the charf$ trustees those matter5we are requlred to state to them in an auditorfs report and for no other urpose.Tothe fvllest extent permltted by law.we do not accept orassume responslbltfty to anyone ot er than the charlty and the charltlstrustees as a body, for ouraudlt work,forth15 repo orfor the oplnlons we have tortned. Rospxllv• r•sponstblllU•s of In and th• audttor As PlaIned more fvliv ID theTrustee< Responslbllltles Ststementsetout on page 5, thetrU5tee5 are responslble forthe preparatlon of fimnclal statements which wve a trueand fair view. We have been appdnted as audltsf under sectlon 144 of theChadtlesAct 2011 and report In accordancewlth rulatIOnS made undersectlon 154 of thatAct. Our respons[tlIty1$to audit and express an opinion on the finanLial 51aternents in accordancewith app15cable law and Intematlonal Stsndards on Auditing (UK and Irelandl. Thosestandards requlre us to coMplyth thÈ Authur Pla¢t1 808rfs IIAPB'sll Ethlcal Stsndards fw Audltor& 8¢op• of audlt tsf thg Ilnandal statomonts An audll In11Ve5 obtalnlngevldence about the arnountsand dlsc105ures In the flnanctal statements sufficlenttOBlve reasgnable assurance that the flnandal $tsternentsa free from materlal mlsstaternenLwhether ¢aused byfraud or error. Thls indudes an assessment ofr. whether the arrountinK policie5 are appropriate to the charitV5 circum5tartcesand have been conslstendyapplled and adequatelydisd05ed; the reasonableness of s1gnifint accounting estimate5 made by the trustees; and the overall presentation of the financl81 ststsments. In addltlon, we read all thefinandal and non-fln(1al Informauon In theTnJsteeg Annual Report to ldenfy materlal Inconslstentieswtth the audlted ffinandal statement& rfwe become aware of any apparent materfal mlsststementsor Snconst5tendeswe consider the Impllcatlonsfor our report. Oplnltffl on fkn8neSal ststèmènts In our op1n1c theffinanclal statements.. ' ge a true and fairview of the State of ihe £haritV5 affasrs a5 at31 December2020. and of Its Incorning resOursand application of re50urces,forthe year then ended- . have been wopedy prepared In acrdanWlth ngd0Th GeneralAccepted Acwuntlng Pracllce appllcabletosmaller Entltles; . have been prepared rn accordanwIth the requirernentsof theChartt5e5Aci 2011. d•p•nd•nt AudStors R•port to thè Iru$t••B of F1$Cl FamllyTrust (Contlnuod) Matt•rs on whlch w• arn r•qulred to report
Flsch•r FamllyTru•i We have nothlng to reprrt In respett ofthe followlry matterswhere theChirftiesAci 2011 requlres us to report to you If. In ouroplnlon: • the Inforrnation glven In theTTUStee< Annual Awtls IncLYthlstent In any mattrtal respett wlth ihe finandal statements. or • suffldentac£c4mtln8 recudShW notbeen * or • the flnan¢lal slatements•re In a6reemEnt wlth the accountlry re£ord5 and reknn5; ry . • we h4ve not recel¥ed all the Informatlon•Thl expl•rt1($we wulreforouraudlL Ne81 CarterACA Hllter F[Cf*n¥ LLP Rad8 51 Clarendon Rood Wollord Hert WD17 1HP 5 July 2021
FIBch•r Famlly Trnst statement of Financial Activitles for tha yaar ended 31 December 2020 Unre5trfcEed Rutrlcted Total Fund$ Fund• Lzst Year Tthl Funth 2020 2020 2019 Incoming resourcos IncomIngSources from 9ongrnt¢dfimds Vo]untary In¢cYne Invethent In 2A75,587 16,051 2N7587 16.C67 1.133.ts2 27.516 Total Incoming re8ource8 2M1.644 1.161308 Costs of ch8rllable •cdvltlo# 2e3,rf47 2A83A47 .002 8mB Total resourceg expènded 2,590.tI)1 2,001 l,LXj7,8 (Net outgolng rnsources)Inet Incomlng resourceb before transfers tWOn funds {#,3571 (N8t outgolng resOurClInet incoming resources belor• other rncognls•d galns and lo$$•$ 198.3571 (98,3571 153,510 (98.Wl 153.510 Net movement In funds (98.3571 I57) 15&510 Roconclllaiion of fund$ Totsl funds br(wqht fonvard 336.367 181B57 Tolal Fund8 carrled forward 238,010 2S8,MO 33 The net Movnt In funds refeTh•l to at#)va Is tho Mt N))mlrE reswrces 86 defined In the Statent of RecOmmead Practiee for Artounting Brtd R8porUng L86ued by th8 Charfty CornmtsdDn frK & Wales and & rOnC19d to Ihe lotal fund5 as shovm in Ihe Bthnce Sheet on paga g &8 requlr8d by the 5 statement All •ctivities dfrnm contlnulng opwatlo The notes on Pe& 9 to 18 forni an Integral ofthts• ¢¢ounts.
Fhsthgr F•my Tnwt Bafance 8h¢et as •t31 Ile¢ember2trI0 2019 TAngl¥ Inve5th%nts 10 11 12 Cash at t4nk aTrJ 210A64 Cr•dknr¥'.. amounts duewillMn(rnJ 13 111 237.128 238.LXO Neta&••ts Ilun0 perffjlon •Metlli•bility 238.0 238mO Do¥wJrd revenueld5 Ilnrn8titted fu#d• DeSrted llxed a55•1th 2Sg.MO R•ththd c¥ltsl fund¥ Totsl clw1tyfdl 238.0 J20151 Tnstee KW Brooks Appro¥od bytheln¥teEs On X21
FIBcher Famlly Trust Cash Flow Statemgnt for the year end•d 31 Dnber2O20 2020 2019 Cash genorated frorn op8ratlDns Opèrating Ilossyproff( R9ClItion to cash generaled frcrfn operabons.. Deprecl8Uon Decreaselllnernse) in debtors Increase In cr8dltOTS 1114A14) 125.994 136.077 4.795 26,752 {131 3.657 129.838 Cash from other 8ouru8 Int&t recelv 16.057 16.057 27.516 AppllrAtion of cash Purtha8e oftanglbkg fwj a38et8 1,174 1.174 Net In¢r¢as• tn Cash Cash at bankand in h8nd18S5 Lwerdr8ft8 at 1 J8nLtary Cash at bank and In hand1988 OV8rdraftB at31 December 41.635 210.584 252,199 157.154 S3.410 21064 Con816t]ng 01: Cash at bankand In hd 252,199 210.564 252,199 210,564 RB¢onElllatlon of Not MovomBnt In Funds to Operallng Pro Ngt M(wnontkn Funds r80FA Les8: Interest rece (98.3571 153,510 116.0571 I2716) OperdtiNJ ProrrtllLos$l Cash )R¢Jw statement 1114A14) 125,994 10
FlgcherFwnlyTnwl rthey•ar qndod 31 December %120 l Arun11j pullci kntkKluvJthofolo*trfj' Thècha fvJttwhthertiSTrJ kgal •wJ 10 18151 Oec4thr 2QO £ nl Frne niwb T•xatk¥n 3 a rnglst¢rèS tharity, IMI. and ate 11
Fl#4rFnllyTrKt frjrthoyoarended JI D•c•nb•r 2024 2 W1n¢1ng or dl•eoluUon 2Af5MY 1.133.2 and4tsr ¢M4nw.- ttor5' RfjMuw4l FRS102 1•ff•&t l jryI01¥ 2015110 bè d&clDSbd tho 17 tho srt fArt h tho Dthknd the • IrdEome IrlOt8tfrLYn ithrKJ 2716 1.765,911 EducAlwJn .675 Other 2J47.IT6 98fA10 12
forthA yAar qndqd 31 Dqc•Thbv2020 IpY¢r8Ln CU5s rAJI 0Xkn UnhY5ty 15,675 43.ocL) X19 18A19 19A d9>)4%2{?)l9..l> Tnryl in Ihp >Tar•Jr £7.668 r2019. £3m)). G J Il¢lkn F•> 12019.£3A¥JI. 10 Ix•d II•ENnvry rfiffi$ At31 Dernt4r2WJJ 1.174 DEprlaN07 Cforl&yv 131 tsxthmbEr20X) 1401 b••kv•l
FIBdr FwnlfyTwst Notes to Ihe A¢1¥ ftrlho y•ar ind•d 31 D•eUbIr2D2Tr Net reIled glllffts) Mrk•tv4lit31 D•¢•mb•r2020 Totsl IT%11 IndL•Jlry Totsl Inw9bY•ots Indudlog ljon stock in Sy5knE Lthacry UK the ¥aw. The sloE 15 snd gt dwi¥of £2 PJ19£21. Url W69tm 8¥sln iK M9 Tolal 12 W)19 0th8rDebbJt¥ 131 a)19 PAYE 518 18JJ1 11
FIBeh0rFaThtyTnmt Notes to thèAceounts forthe y8ar8ndgd 31 Dqcgm2WJJ Tho Tnthtrnod¢ £1I36A1f 12019£ffi6.735)bJ 8y5twn5 LrfxthyLl¢a IID Flxordon5tsJ £1.9)JMD (W19£gltrJ)). FFT&ILakn Ltd£9s.r (yJI9£40&L). rFthtyTwgt knlhssLvnot£135XW ty¢ar1D 31rtOK4rnber2D20¥JLBt4knKeLKtsrthJ 31•t D3]1](£0. TIIB TA kw 6todt ¢fW45,CW (3)19 £2245,IbJQl 5jj skn QT £U01.WO1%19 Q201ATr)l kn Systrts uKC. Th rn0 ofthfr b)3n grnwnt of £1,101 13)19 E22931 VAd Bk*>Jy UK QC l¥ &357) 1.174 31 15310 1SYA1 16 Enthmnert FwM15 D¢wthr2D19. 15
Fls¢h•r F•mllYTn1 Schedule to the Statsment ol Flnan¢lal A¢11¢$ for thtyear ended 31 Dec8mbBr 2020 Statu& ofthl& heUtetOthe Slmenlof Ananclal Acllvls The Schedu8 on Ihe fd10n9 pages are wulred by thè dktkjsurè rwktsmÈnts ol tho Staiemgnt or Reconunended Pw8clice ftr A¢courrtMg RÈpNtwe knued by Ihe rawity & A8 xh,th8ylc¥m a partoflhe actount8 rnqukJ bylh6 CPArkn8s IAtteunt8 8nd R8ptstsI 2008. They8rn hIn the rewl 1rfth8 •Jdlorn und¥ S144121 ofth8 Charrtles 2011. Voluntwylnromv unltctEd RethGted Total FUT Fuhds Funds 2Q2D 2020 Prknrperfod Totsl Funds 2019 2020 Non 9o%mThent and Mn PLthlic bod108 Ihcoming mouKe8 ofa ye¥efi n8bJre 1,999,000 476 000 2A75JJOO 2.47500 1,999,iWJD 1.133,692 GhlAhJ Total T)tO1 Grnn¢•tsg•¢tM & Don•tits R•¢tl%d 2A75.OQO 1.133.692 Glfts In klnd. donated arLdfxllttl SBL paymetht ofFFf penslon Total Glfts In nd, donated 80rv1¢ andfaEIINIv8 587 587 Tat•l vts1ary kncomo 2.47SAtrI 2fv7S.S67 1.133? In¥estmeftt Incorne Intsr88t from non banThJ 80ufc8B 18.0ST 16,057 2T,616 Total In¥Mtm•nt Ineom• 16.0 1¢.057 27.016 Total Incornlng Re50urco5 2A91M44 1491.644 1,161208 Costs of g•nnllngfitnds Fundral¥lry Trndlng Clorftable expendlture Medicd Reseerch Edutrthon 1,765,911 738.265 1,765.W1 738265 43.OJO 2.S4Y.176 666,73S 261675 63.(#JO 987AI0 oth8r Gmnts 2.$47.178 Bnd gBIBthB- charitoble BcrfvrfknB pone0ntrUtbn5 ¢hafflabI8 8mFIry88S Tempornry Stay_ Charttabl8 aLthitTes 18.819 1&81 220 19 10,626 s• 16
Fts¢her FattTrt for the yw ended 31 Deumb8r 2020 Rc<ffl Hlrt 171 B•nkcharys 138 130 17
Fls¢h¢rFarrdlyTrust Sthedule to the Statetnent of Flnandal forthe ye8r ended 31 December 2020 0er U18rfee L8gsl. prth8*0nd & c08ts 4.130 lJ.823 15A53 4.130 11.823 15353 1.701 9.OBI DepTEctsOn ufassBts used ferdritablpUrp05e8 294 Totat PpOt co 271 Totol EXp0nd on CharftsN• Activities. 2,583.447 2,5B3,447 . Governanco costs that8 notdlffectm8nagementfuncdons Inhernnlln genwaltr 999,002 17ndudlng managwn•ntandadfftlnlshtlon Truslee¥' e¥peT dkoT5' rewwneratlc 554 6,0 554 3.654 Tota] ooY4man¢o costs aft•r r•allocallon 18