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2020-07-31-accounts

ement Of Ftnanslal Actividee (Inoume	end Expenditure sCCOuntlfOr	the year ended 3	July 2D28
		Reafdcfed
		Income
		Frrnd	Toiafidnds
		2020	2919
tnDOme:
Income from donauons Income from charitable income from Investment	-grant from NQCC activities- rents receivable -bank interest receivable	800,000 138,441 278	2DD,DDD 138,441 283
Total income		938,719	338,724
Expenditure: Expenditure on chantable activities		307,312	454,80D
Tote Iexpenditure		307,312	454,800
piet income (expenditure)		631,407	(116,076)
ReoonotHation offunds:
Total funds brought forward		8,099,704	8,215,78D
Total funds carried forward		8,731,111	8,099,704

				2D20		2019
Fixed assets
Tangible assets				8,892.503		7,9S6,369
Current assets
Debtors		8	280,145		25,807
Cash st bank and io hand			332,547		113,23D
			612.692		139,037
Liabilities
Creditors amounts	fathng due
within one year		9	(774,084)		(35,702)
Net current assets				(161,392)		103,335
Het assets				8,73'I, 111		8,099.704
The funds ofthe charity
Restricted Income Funds		10		8,731.111		8,099,704
Total charity funds				8,731,111		8,099,704

Nuffield Orthopaedics Limited Statement of Cash flaws for the year ended 31July 2020
			2020	2019
				5
Operating activities Net income (expenditure) for the year			631,407	(116,076)
Adiustments for:
Depreciation (increase) Idecrease in debtors increase I(decrease) in creditors			189,308 (254.338) 738,382	169,308 1.272 (148)
			1,284,759	(54,356)
Cash generated byf(used in) operating		activities	1,284,759	(54,356)
investing activities Payments toacquire tangible fixed assets			(1,065,442)	(206,296)
Cash used in Investing activities			(1,065,442)	(206,296)
Met cash used
Cash generated by/(used in) operahng Cashusedin investing activities	activities		1,284,759 (1,065,442)	(54,356) (206,286)
Net cash used			219.3'I7	(151,940)
Cash and cash equivalents at 1August			113,230	265,170
Cash and cash equivalents at 31July			332,547	113,230
Cash and cash equivalents comprise: Cash at bank			332,547	113,230
			332,547	113,230

	Tangiblefixed as	sets
				Land and	Asset under
				buildings	construction	Total
				At cost	Atcost
				f:
	Cost or valuation At 1 August 2019 Addtbons			9,166,158	790,205 1,065,442	9,956,363 1,065,442
	At 31July 2020			9,166,158	1,855,647	11,021,805
	Depreciation At 1 August 2019 Charge for the year			'l,959,994 169,3DS		1,959,994 169,308
	At31July 2020			2,129,302		2,129,302
	Carry ing amount At 31 July 2020			7 036,856	1 855,647	8,892.503
	At 31 July 2G19			7,206,184	790,205	7,996,369
0	Debtors					2019 6
	Other debtors				280,145	25,SD7
9	Creditors; amounts		falling due within one year		2020 8	2019
	Trade credrtore Accruels and deferred		income		680,169 93,915	35,702
					774,084	35,702
10	Restricted income funds				202D 6	2019 8
	Al 1 August Net expenditure	for the year			8,098,704 631,407	8,215,7SG (116.076)
	At 31 July				8,731,111	8,099,704

for the year ended	31 July 2020
		2020	2019
Income
Grants from NOCC		800,000	20ij,000
Rents receivable		138,441	138,441
Interest receivable		278	283
		938,719	338,724
Expenditure
Premises costs:
Rent		130,462	130,462
		130,462	130,462
General administrative Bank charges insurance	expenses	33 2,360	33 2,360
De prer.i ation		169,308	169,308
		171,701	171,701
Legal and professional Accountancy fees Solicitors fees	costs'	5,136	5,210 147,414
Other legal and professional		13	13
		5,149	152,637
		307,312	454,800