2020-12-31-accounts - Cerebra - For Brain Injured Children And Young People

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							31.12.20	31.12.19
					Unrestricted	Restricted	Total	Total
					fund	fund	funds	funds
				Notes			f
INCOME AND ENDOWMENTS			FROM
Donations and legacies				2	2,757,618	134,847	2,892,465	2,628,929
Charitable activities
Research &Information		(inc Research Projects)			27,681		27,681	105,170
Other trading activities								2,350
Investment income					1,490		1,490	1,978
Total					2,786,789	134,847	2,921,636	2,738,427
EXPENDITURE ON
Raising funds					1,094,287		1,094,287	1,231,343
Charitable activities				6
Sleep Service					192,475		192,475	176,010
Research &Information		(inc Research Projects)			1,015,735	98,638	1,114,373	1,174,012
Total					2,302,497	98,638	2,401,135	2,581,365
NET INCOME					484,292	36,209	520,501	157,062
Transfers between funds				20	5,749	(5,749)
Net movement in funds					490,041	30,460	520,501	157,062
RECONCILIATION	OF FUNDS
Total funds brought forward					602,852	39,428	642,280	485,218
TOTAL FUNDS CARRIED FORWARD					1,092,893	69,888	1,162,781	642,280

				31.12.20	31.12.19
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
FIXEDASSETS	Notes		g
Intangible assets Tangible assets	13 14	1,139 93,957		1,139 93,957	8,318 111,776
		95,096		95,096	120,094
CURRENT ASSETS
Stocks Debtors Cash at bank and in hand	15 16	1,277 46,342 1,580,547	69,888	1,277 46,342 1,650,435	1,661 38,136 1,098,642
		1,628,166	69,888	1,698,054	1,138,439
CREDITORS
Amounts falling due within one year	17	(630,369)		(630,369)	(616,253)
NET CURRENT ASSETS		997,797	69,888	1,067,685	522,186
TOTAL ASSETSLESSCURRENT
LIABILITIES		1,092,893	69,888	1,162,781	642,280
NET ASSETS		1092,893	69,888	L I 62,781	642,280
FUNDS	20
Unrestricted funds Restricted funds				1,092,893 69,888	602,852 39,428
TOTAL FUNDS				1,162,781	642,280

					31.12.20	31.12.19
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
		Notes
FIXEDASSETS
Intangible	assets	13	1,139		1,139	8,318
Tangible	assets	14	93,957		93,957	111,776
			95,096		95,096	120,094
CURRENT ASSETS
Stocks		15	1,277		1,277	1,661
Debtors		16	149,525		149,525	141,319
Cash at bank and m hand			1,580,547	69,888	1,650,435	1,098,642
			1,731,349	69,888	1,801,237	1,241,622
CREDITORS
Amounts	falling due within one year	17	(630,369)		(630,369)	(616,253)
NET CURRENT ASSETS			1,100,980	69,888	1,170,868	625,369
TOTAL	ASSETSLESSCURRENT
LIABILITIES			1,196,076	69,888	1,265,964	745,463
NET ASSETS			1,196,076	69,888	1,265,964	745,463
FUNDS		20
Unrestricted funds					1,196,076	706,035
Restricted	funds				69,888	39,428
TOTAL	FUNDS				1,265,964	745,463

				31.12.20	31.12.19
			Notes
Cash flows from operating activities
Cash generated from operations				540,917	202,874
Net cash provided by operating activities				540,917	202,874
Cash flows from investing	activities
Purchase oftangible fixed Interest received	assets			(9,364) 1,490	(110,813) 1,978
Net cash used in investing	activities			(7,874)	(108,835)
Cash flows from financing	activities
New loans in year				18,750
Net cash provided by financing activities				18,750
Change in cash and cash	equivalents	in
the reporting period Cash and cash equivalents	at the			551,793	94,039
beginning ofthe reporting	period			1,098,642	1,004,603
Cash and cash equivalents	at the end	of
the reporting period				1,650,435	1,098,642

	RECONCILIATION	RECONCILIATION	RECONCILIATION	OF NET INCOME TO NET CASH FLOW FROM	OF NET INCOME TO NET CASH FLOW FROM	OPERATING
	ACTIVITIES
						31.12.20	31.12.19
	Net income	for the	reporting		period (as per the Statement ofFinancial
	Activities)					520,501	157,062
	Adjustments	for:
	Depreciation	charges				34,362	49,711
	Interest received					(1,490)	(1,978)
	Decrease in	stocks				384	97
	(Increase)/decrease		in debtors			(8,206)	17,000
	Decrease in	creditors				(4,634)	(19,018)
	Net cash provided		by	operations		540,917	202,874
2.	ANALYSIS	OF CHANGES			IN NET FUNDS
					At 1.1.20	Cash flow	At 31.12.20
							f
	Net cash
	Cash at bank	and in	hand		1,098,642	551,793	1,650,435
					1,098,642	551,793	1,650,435
	Debt
	Debts falling	due within		1 year		(18,750)	(18,750)
						(18,750)	(18,750)
	Total				1,098,642	533,043	1,631,685

								31.12.20	31.12.19
	Donations and legacies							2,763,593	2,628,929
	Grants							128,872
								2,892,465	2,628,929
	Income included	in	donations			and legacies	consist of:
								2020	2019
								8
	General donations							26,818	40,147
	Legacies Coincard and regular Boxes income Raffle			giving				59,400 644,813 23,674 297,734	5,565 576,144 37,519 273,250
	Lottery							1,409,488	1,485,100
	Gift aid receipts							113,534	125,812
	Regional offices							188,132	85,392
								2,763,593	2,628,929
	Grants received, included				in the above, are		as follows:
								2020	2019
	HMRC Job retention			scheme				72,622
	Welsh Government		Third		Sector Resilience		Fund for Wales	56,250
								128,872
3.	OTHER TRADING			ACTIVITIES
								31.12.20	31.12.19
	Miscellaneous income								2,350
4.	INVESTMENT INCOME
								31.12.20	31.12.19
	Deposit account interest							1,490	1,978

						31.12.20	31.12.19
		Activity
		Research	&Information	(inc	Research
Research	income	Projects)				27,681	105,170

							Support
						Direct	costs (see
						Costs	note 7)	Totals
	Sleep Service					174,451	18,024	192,475
	Research &Information		(inc Research
	Projects)					1,096,349	18,024	1,114,373
						1,270,800	36,048	1,306,848
7.	SUPPORT COSTS
							Governance
						Management	costs	Totals
	Raising donations	and	legactes			12,435	3,016	15,451
	Sleep Service					14,507	3,517	18,024
	Research &Information		(inc Research
	Projects)					14,507	3,517	18,024
						41,449	10,050	51,499
	Support costs, included		in the above, are	as follows:
	MANAGEMENT
							31.12.20	31.12.19
						Research
			Raising			&Information
			donations			(inc
			and		Sleep	Research	Total	Total
			legacies		Service	Projects)	activities	activities
	Wages		7,189		8,387	8,387	23,963	23,316
	Social security		759		886	886	2,531	2,453
	Pensions		415		484	484	1,383	1,319
	Hire ofplant and	machinery		62	73	73	208	222
	Rent, rates and service
	charges		955		1,115	1,115	3,185	6,568
	Carried forward		9,380		10,945	10,945	31,270	33,878

							31.12.20	31.12.19
						Research
				Raising		&Information
				donations		(inc
				and	Sleep	Research	Total	Total
				legacies	Service	Projects)	activities	activities
Brought forward				9,380	10,945	10,945	31,270	33,878
Insurance				257	300	300	857	783
Light and heat				279	325	325	929
Telephone				129	151	151	431	1,470
Postage and	stationery			45	53	53	151	443
Sundries				67	79	79	225	330
Stafftraining				60	70	70	200	179
Cleaning				157	183	183	523	975
Repairs and	maintenance							102
Computer costs				1,156	1,349	1,349	3,854	2,389
Travelling				32	38	38	108	327
Subscriptions				37	42	42	121	151
Recruitment Dilapidation	costs expense			10	10	10	30	(22) 2,705
Depreciation				826	962	962	2,750	2,990
				12,435	14,507	14,507	41,449	46,700
GOVERNANCE		COSTS
							31.12.20	31.12.19
						Research
				Raising		k Information
				donations		(inc
				and	Sleep	Research	Total	Total
				legacies	Service	Projects)	activities	activities
Trustees' expenses Auditors' remuneration				2,430	2,835	2,835	8,100	2,682 9,300
Sundries				45	52	52	149	39
Legal and professional Board meetings			fees	541	630	630	1,801	20,522 170
				3,016	3,517	3,517	10,050	32,713

	31.12.20	31.12.19
Auditors' remuneration	8,100	9,300
Depreciation - owned assets	27,183	36,002
Hire ofequipment	2,602	2,771
Rebranding costs amortisation	7,179	13,709

STAFF COSTS
				31.12.20	31.12.19
					I
Wages and salaries				1,316,027	1,324,203
Social security costs				103,109	102,718
Other pension costs				58,546	58,854
				1,477,682	1,485,775
The average monthly		number ofemployees	during the year was as follows:
				31.12.20	31.12.19
Charitable activities				14	17
Cost ofgenerating	funds			48	53
Management and administration				7	8
				69	78

COMPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted	Restncted	Total
				fund	fund	funds
INCOME AND ENDOWMENTS			FROhl
Donations and legacies				2,577,829	51,100	2,628,929
Charitable activities
Research &Information		(inc Research
Pro)ects)				29,100	76,070	105,170
Other trading activities					2 350	2,350
Investment income				1,978		1,978
Total				2,608,907	129,520	2,738,427
EXPENDITURE ON
Raising funds				1,231,343		1,231,343
Charitable activities
Sleep Service Research &Information		(inc Research		167,610	8,400	176,010
Projects)				1,079,000	95,012	1,174,012
Total				2,477,953	103,412	2,581,365
NET INCOME				130,954	26,108	157,062
RECONCILIATION	OF FUNDS
Total funds brought	forward			471,898	13,320	485,218
TOTAL FUNDS CARRIED FORWARD				602,852	39,428	642,280

RESEARCH PROJECTS - CHARITABLE ACTIVITIES	RESEARCH PROJECTS - CHARITABLE ACTIVITIES	RESEARCH PROJECTS - CHARITABLE ACTIVITIES	RESEARCH PROJECTS - CHARITABLE ACTIVITIES
The amounts payable in the year comprises:-
Swansea R&D				33,750
CIC Royalttes				13,841
Academic	Chair	- Barcelona		88,595
Academic	Chair	- Birmingham		34,470
Academic	Chair	- Leeds		101,790
Academic	Chatr	- Leeds Law	School	46,800
Academic	Chair	—University	College London	33,886
Academic	Chair	- Warwick		38,293
Restricted	Expenditure			8,734
Knowledge	Transfer (KTP)			21,464
				421,623

INTANGIBLE FIXEDASSETS —GROUP AND CHARITABLE C	OMPANY
	Rebranding
	cost,s
COST
At I January 2020 and 31 December 2020	61,683
AMORTISATION
At I January 2020	53,365
Charge for year	7,179
At 31 December 2020	60,544
NET BOOK VALUE
At 31 December 2020	1,139
At 31 December 2019	8,318

TANGIBLE FIXEDASSETS—GROUP AND	TANGIBLE FIXEDASSETS—GROUP AND	CHARITABLE	COMPANY
	Improvements		Fixtures
	to	Office	and	Computer
	property	equipment	fittings	equipment	Totals
COST
At 1 January 2020 Additions	131,740	120,963	91,744	805,281 9,364	1,149,728 9,364
At 31 December 2020	131,740	120,963	91,744	814,645	1,159,092
DEPRECIATION
At I January 2020 Charge for year	61,460 7,530	120,742 313	78,900 4,100	776,850 15,240	1,037,952 27,183
At 31 December 2020	68,990	121,055	83,000	792,090	1,065,135
NET BOOK VALUE
At 31 December 2020	62,750	(92)	8,744	22,555	93,957
At 31 December 2019	70,280	221	12,844	28,431	111,776
STOCKS —GROUP AND CHARITABLE COMPANY
				31.12.20	31.12.19
Stocks				1,277	1,661
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
GROUP
				31.17.20	31.12.19
Trade debtors				91	12,270
Amounts owed by group undertakings
Prepayments				46,251	25,866
				46,342	38,136
CHARITABLE COtXIPANY
				31.12.20	31.12.19
				f.
Trade debtors Amounts owed by group undertakings				91 103,183	12,270 103,183
Prepayments				46,251	25,866
				149,525	141,319

CREDITORS: COMPANY	AMOUNTS FALLING DUE WITHIN	ONE YEAR —GROUP AND CHARI	TABLE
		31.12.20	31.12.19
Other loans (see note 18)		18,750
Trade creditors		175,627	7,391
Social security	and other taxes	24,823	23,835
Other creditors		1,225	487
Deferred lottery	mcome	87,448	80,712
Research accruals		322,496	503,828
		630,369	616,253

An analys	is ofthe maturity ofloans is given below:
		3L12.20	31.12.19
Amounts	falling due within one year on demand:
Other loans		18,750

	3L12.20	31.12.19
Within one year	54,000
Between one and five years	163,479
	217,479

					Net	Transfers
					movement	between	At
				At 1.1.20	in funds f	funds	31.12.20
Unrestricted funds
General fund				602,852	484,292	5,749	1,092,893
Restricted funds
Research projects and parent		support		39,428	36,209	(5,749)	69,888
TOTAL FUNDS				642,280	520,501		1,162,781
Net movement in funds,	included		m the above	are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
Unrestricted funds
General fund					2,786,789	(2,302,497)	484,292
Restricted funds
Research projects and parent		support			134,847	(98,638)	36,209
TOTAL FUNDS					2,921,636	(2,401,135)	520,501
Comparatives for movement		in	funds
						Net
						movement	At
					At 1.1.19	in funds	31.12.19
Unrestricted funds
General fund					471,898	130,954	602,852
Restricted funds
Research projects and parent		support			13,320	26,108	39,428
TOTAL FUNDS					485,218	157,062	642,280

				Incoming	Resources	Movement
				resources	expended	in funds
Unrestricted			funds
General	fund			2,608,907	(2,477,953)	130,954
Restricted		fuuds
Research		projects and parent support		129,520	(103,412)	26,108