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|||||31.12.22|31.12.21|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|fund|funds|funds|
||Notes|£|£|£|£|
|**INCOME AND ENDOWMENTS FROM**||||||
|Donations and legacies|2|2,492,253|132,805|2,625,058|2,850,535|
|**Charitable activities**|4|||||
|Research & Information (inc Research Projects)||29,590|-|29,590|32,813|
|Investment income|3|37,454||37,454|184|
|**Total**||2,559,297|132,805|2,692,102|2,883,532|
|**EXPENDITURE ON**||||||
|Raising funds||1,185,226|-|1,185,226|1,059,038|
|**Charitable activities**|5|||||
|Sleep Service||93,419|24,092|117,511|201,871|
|Research & Information (inc Research Projects)||1,238,205|106,992|1,345,197|1,386,314|
|**Total**||2,516,850|131,084|2,647,934|2,647,223|
|**NET INCOME**||42,447|1,721|44,168|236,309|
|**RECONCILIATION OF FUNDS**||||||
|Total funds brought forward||1,305,995|93,095|1,399,090|1,162,781|
|**TOTAL FUNDS CARRIED FORWARD**||1,348,442|94,816|1,443,258|1,399,090|
##
|||||31.12.22|31.12.21|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|fund|funds|funds|
||Notes|£|£|£|£|
|**FIXED ASSETS**||||||
|Tangible assets|12|89,819|-|89,819|92,024|
|**CURRENT ASSETS**||||||
|Stocks|13|1,098|-|1,098|967|
|Debtors|14|50,990|-|50,990|62,687|
|Cash at bank||1,777,168|94,816|1,871,984|1,917,571|
|||1,829,256|94,816|1,924,072|1,981,225|
|**CREDITORS**||||||
|Amounts falling due within one year|15|(570,633)|-|(570,633)|(674,159)|
|**NET CURRENT ASSETS**||1,258,623|94,816|1,353,439|1,307,066|
|**TOTAL ASSETS LESS CURRENT**||||||
|**LIABILITIES**||1,348,442|94,816|1,443,258|1,399,090|
|**NET ASSETS**||1,348,442|94,816|1,443,259|1,399,090|
|**FUNDS**|18|||||
|Unrestricted funds||||1,348,442|1,305,995|
|Restricted funds||||94,816|93,095|
|**TOTAL FUNDS**||||1,443,258|1,399,090|
##
##
|||||31.12.22|31.12.21|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|fund|funds|funds|
||Notes|£|£|£|£|
|**FIXED ASSETS**||||||
|Tangible assets|12|89,819|-|89,819|92,024|
|**CURRENT ASSETS**||||||
|Stocks|13|1,098|-|1,098|967|
|Debtors|14|154,173|-|154,173|165,870|
|Cash at bank||1,777,168|94,816|1,871,984|1,917,571|
|||1,932,439|94,816|2,027,255|2,084,408|
|**CREDITORS**||||||
|Amounts falling due within one year|15|(570,633)|-|(570,633)|(674,159)|
|**NET CURRENT ASSETS**||1,361,806|94,816|1,456,622|1,410,249|
|**TOTAL ASSETS LESS CURRENT**||||||
|**LIABILITIES**||1,451,625|94,816|1,546,441|1,502,273|
|**NET ASSETS**||1,451,625|94,816|1,546,441|1,502,273|
|**FUNDS**|18|||||
|Unrestricted funds||||1,451,625|1,409,178|
|Restricted funds||||94,816|93,095|
|**TOTAL FUNDS**||||1,546,441|1,502,273|
##
##
|||31.12.22|31.12.21|
|---|---|---|---|
||Notes|£|£|
|**Cash flows from operating activities**||||
|Cash generated from operations|1|___(21,734)|293,641|
|Net cash (used in)/providedby operating activities||(21,734)|293,641|
|**Cash flows from investing activities**||||
|Purchase of tangible fixed assets||(26,688)|(26,689)|
|Interest received||2,835|184|
|Net cash used in investing activities||(23,853)|(26,505)|
|**Change in cash and cash equivalents in**||||
|**the reporting period**||(45,587)|267,136|
|**Cash and cash equivalents at the**||||
|**beginning of the reporting period**||1,917,571|1,650,435|
|**Cash and cash equivalents at the end of**||||
|**the reporting period**||1,871,984|1,917,571|
##
|**1.**|**RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM **|**OPERATING**||
|---|---|---|---|
||**ACTIVITIES**|||
|||31.12.22|31.12.21|
|||£|£|
||**Net income for the reporting period (as per the Statement of Financial**|||
||**Activities)**|44,168|236,309|
||**Adjustments for:**|||
||Depreciation charges|28,894|29,760|
||Interest received|(2,835)|(184)|
||(Increase)/decrease in stocks|(131)|310|
||Decrease/(increase) in debtors|11,697|(16,345)|
||(Decrease)/increase in creditors|(103,527)|43,791|
||**Net cash (used in)/provided by operations**|(21,734)|293,641|
||At 1.1.22|Cash flow|At 31.12.22|
|---|---|---|---|
||£|£|£|
|**Net cash**||||
|Cash at bank and in hand|1,917,571|(45,587)|1,871,984|
||1,917,571|(45,587)|1,871,984|
|**Debt**||||
|Debts falling due within 1 year|_ 18,7501|________ -|__(18,750)|
||_ 18,750|________ -|__ 18,750|
|**Total**|1,898,821|(45,587)|1,853,234|
##
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##
##
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##
||2022|2021|
|---|---|---|
|Fundraising|28%|28%|
|Research|64%|64%|
|Management and Support|8%|8%|
|The allocations of costs are deemed fair and reasonable|under the regulations of the SORP||
##
##
|**DONATIONS AND LEGACIES**|||
|---|---|---|
||31.12.22|31.12.21|
||£|£|
|Donations and legacies|2,625,058|2,792,399|
|Grants|-|58,136|
||2,625,058|2,850,535|
||2022|2021|
|---|---|---|
||£|£|
|General donations|1,676|27,505|
|Memorial donations|7,587|-|
|Legacies|129,290|18,185|
|Coincard and regular giving|566,104|633,028|
|Boxes income|15,906|20,220|
|Raffle|238,891|289,348|
|Lottery|1,326,575|1,437,305|
|Gift aid receipts|101,669|105,518|
|Regional offices|247,361 _|261,290|
||2,635,059 _|2,792,399|
||31.12.22|31.12.21|
|---|---|---|
||£|£|
|HMRC Job retention scheme|-|1,886|
|WVCA Grant|-|56,250|
||-|58,136|
|**INVESTMENT INCOME**|||
||31.12.22|31.12.21|
||£|£|
|Rents received|34,619|-|
|Deposit account interest|2,835|184|
||37,454|184|
##
##
|**INCOME FROM CHA**|**RITABLE ACTIVITIES**|||
|---|---|---|---|
|||31 12.22|31.12.21|
||Activity|£|£|
||Research & Information (inc Research|||
|Research income|Projects)|29,590|32,813|
##
|**CHARITABLE ACTIVITIES COSTS**||||
|---|---|---|---|
|||Support||
||Direct|costs (see||
||Costs|note 6)|Totals|
||£|£|£|
|Sleep Service|92,978|24,533|117,511|
|Research & Information (inc Research||||
|Projects)|1,320,664|24,533|1,345,197|
||1,413,642|49,066|1,462,708|
##
|**SUPPORT COSTS**||||
|---|---|---|---|
|||Governance||
||Management|costs|Totals|
||£|£|£|
|Raising donations and legacies|14,869|6,162|21,031|
|Sleep Service|17,343|7,190|24,533|
|Research & Information (inc Research||||
|Projects)|17,343|7,190|24,533|
||49,555|20,542|70,097|
##
|**MANAGEMENT**||||||
|---|---|---|---|---|---|
|||||31.12.22|31.12.21|
||||Research|||
||Raising||& Information|||
||donations||(inc|||
||and|Sleep|Research|Total|Total|
||legacies|Service|Projects)|activities|activities|
||£|£|£|£|£|
|Wages|8,975|10,470|10,470|29,915|28,312|
|Social security|979|1,142|1,142|3,263|2,932|
|Pensions|499|581|581|1,661|1,570|
|Hire of plant and machinery|25|28|28|81|125|
|Rent, rates and service||||||
|charges|1,644|1,918|1,918|5,480|5,529|
|Carried forward|12,122|14,139|14,139|40,400|38,468|
##
##
##
||||||31.12.22|31.12.21|
|---|---|---|---|---|---|---|
|||||Research|||
||Raising|||& Information|||
||donations|||(inc|||
||and|Sleep||Research|Total|Total|
||legacies|Service||Projects)|activities|activities|
||£|£||£|£|£|
|Brought forward|12,122|14,139||14,139|40,400|38,468|
|Insurance|336||391|391|1,118|1,023|
|Light and heat|168||197|197|562|719|
|Telephone|277||322|322|921|965|
|Postage and stationery|32||39|39|110|113|
|Sundries|24||29|29|82|115|
|Staff training|31||38|38|107|**180**|
|Cleaning|43||49|49|141|314|
|Computer costs|990|1,154||1,154|3,298|3,350|
|Travelling|113||131|131|375|226|
|Subscriptions|39||45|45|129|437|
|Depreciation|694||809|809|2,312|2,381|
||14,869|17,343
=||17,343
—|49,555
—|48,291
b|
|**GOVERNANCE COSTS**|||||||
||||||31.12.22|31.12.21|
|||||Research|||
||Raising|||& Information|||
||donations|||(inc|||
||and|Sleep||Research|Total|Total|
||legacies|Service||Projects)|activities|activities|
||£|£||£|£|£|
|Trustees' expenses|33||39|39|ill|-|
|Auditors’ remuneration|2,805|3,272||3,272|9,349|5,904|
|Sundries|59||70|70|199|198|
|Legal and professional fees|3,092|3,608||3,608|10,308|13,741|
|Board meetings|173||201|201|575|-|
||6,162|7,190||7,190|20,542|19,843|
##
##
||31.12.22|31.12.21|
|---|---|---|
||£|£|
|Auditors' remuneration|9,349|5,904|
|Depreciation - owned assets|28,893|28,621|
|Hire of equipment|1,011|1,567|
|Rebranding costs amortisation|-|1,139|
##
##
##
|**STAFF COSTS**|||
|---|---|---|
||31.12.22|31.12.21|
||£|£|
|Wages and salaries|1,388,062|1,261,106|
|Social security costs|123,338|104,991|
|Other pension costs|60,620|57,028|
||1,572,020|1,423,125|
||31.12.22|31.12.21|
|---|---|---|
|Charitable activities|17|14|
|Cost of generating funds|38|33|
|Management and administration|10|11|
||65|58|
|||31.12.22|31.12.21|
|---|---|---|---|
|£80,001|- £90,000||1|
|£90,001|- £100,000|1|-|
|||1|1|
##
##
|**10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|**10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|||
|---|---|---|---|
||Unrestricted|Restricted|Total|
||fund|fund|funds|
||£|£|£|
|**INCOME AND ENDOWMENTS FROM**||||
|Donations and legacies|2,657,826|192,709|2,850,535|
|**Charitable activities**||||
|Research & Information (inc Research||||
|Projects)|32,813|-|32,813|
|Investment income|184||184|
|**Total**|2,690,823|192,709|2,883,532|
|**EXPENDITURE ON**||||
|Raising funds|1,059,018|20|1,059,038|
|**Charitable activities**||||
|Sleep Service|136,792|65,079|201,871|
|Research & Information (inc Research||||
|Projects)|1,281,911|__ 104,403|1,386,314|
|**Total**|2,477,721|169,502|2,647,223|
|**NET INCOME**|213,102|23,207|236,309|
|**RECONCILIATION OF FUNDS**||||
|Total funds brought forward|1,196,076|69,888|1,265,964|
|**TOTAL FUNDS CARRIED FORWARD**|1,409,178|93,095|1,502,273|
##
##
|The amounts payable in the year comprises||
|---|---|
||£|
|Swansea R & D|45,000|
|CIC Royalties|14,795|
|Academic Chair - Barcelona|109,214|
|Academic Chair - Birmingham|99,123|
|Academic Chair - Leeds|43,944|
|Academic Chair - Leeds Law School|45,000|
|Academic Chair - University College London|(45,886)|
|Academic Chair - Warwick|65,270|
|Academic Chair - Warwick Children's Potential|52,983|
|Restricted Expenditure|67,935|
|Sundry Research Expenditure|2,308|
|Knowledge Transfer (KTP)|(1,662)|
||498,024|
##
|**TANGIBLE FIXED ASS**|**ETS - GROUP AND**|**CHARITABL**|**E COMPANY**|||
|---|---|---|---|---|---|
||Improvements||Fixtures|||
||to|Office|and|Computer||
||property|equipment|fittings|equipment|Totals|
||£|£|£|£|£|
|**COST**||||||
|At 1 January 2022|75,299|129,920|91,744|832,377|1,129,340|
|Additions||||26,688|26,688|
|At 31 December 2022|75,299|129,920|91,744|859,065|1,156,028|
|**DEPRECIATION**||||||
|At 1 January 2022|20,080|121,560|85,593|810,083|1,037,316|
|Charge for year|7,530|1,791|2,593|16,979|28,893|
|At 31 December 2022|27,610|123,351|88,186|827,062|1,066,209|
|**NET BOOK VALUE**||||||
|At 31 December 2022|47,689|6,569|3,558|32,003|89,819|
|At 31 December 2021|55,219|8,360|6,151|22,294|92,024|
##
|**13.**|**STOCKS - GROUP AND CHARITABLE COMPANY**|||
|---|---|---|---|
|||31.12.22|31.12.21|
|||£|£|
||Stocks|1,098|967|
|**14. **|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
||**GROUP**|||
|||31.12.22|31.12.21|
|||£|£|
||Trade debtors|14,130|10,539|
||Amounts owed by groupundertakings|-|-|
||Prepayments|36,860|52,148|
|||50,990|62,687|
||**CHARITABLE COMPANY**|31.12.22|31.12.21|
|||£|£|
||Trade debtors|14,130|10,539|
||Amounts owed by group undertakings|103,183|103,183|
||Prepayments|36,860|52,148|
|||154,173|165,870|
##
|**CREDITORS: AMOUNTS FALLING DUE WITHIN**
**COMPANY**|**ONE YEAR - GROUP AND CHAR**|**ITABLE**|
|---|---|---|
||31.12.22|31.12.21|
||£|£|
|Other loans (see note 16)|18,750|18,750|
|Trade creditors|13,184|21,868|
|Social security and other taxes|29,663|24,383|
|Other creditors|13,770|80|
|Deferred lottery income|67,524|75,958|
|Research and general accruals|427,742|533,120|
||570,633|674,159|
##
##
||31.12.22|31.12.21|
|---|---|---|
||£|£|
|Amounts falling due within one yearon demand:|||
|Other loans|18,750|18,750|
##
||31.12.22|31.12.21|
|---|---|---|
||£|£|
|Within one year|32,400|56,700|
|Between one and five years|13,500|64,800|
||45,900|121,500|
##
|**MOVEMENT IN FUNDS - CHARITABLE CO**|**MPANY**|||
|---|---|---|---|
|||Net||
|||movement|At|
||At 1.1.22|in funds|31.12.22|
||£|£|£|
|**Unrestricted funds**||||
|General fund|1,409,178|42,447|1,451,625|
|**Restricted funds**||||
|Research projects and parent support|93,095|1,721|94,816|
|**TOTAL FUNDS**|1,502,273|44,168|1,546,441|
|Net movement in funds, included in the above are as follows:||||
|---|---|---|---|
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|2,559,297|(2,516,850)|42,447|
|**Restricted funds**||||
|Research projects and parent support|132,805|(131,084)|1,721|
|**TOTAL FUNDS**|2,692,102|(2,647,934)|44,168|
##
##
##
|||Net||
|---|---|---|---|
|||movement|At|
||At 1.1.21|in funds|31.12.21|
||£|£|£|
|**Unrestricted funds**||||
|General fund|1,196,076|213,102|1,409,178|
|**Restricted funds**||||
|Research projects and parent support|69,888|23,207|93,095|
|**TOTAL FUNDS**|1,265,964|236,309|1,502,273|
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|2,690,823|(2,477,721)|213,102|
|**Restricted funds**||||
|Research projects and parent support|192,709|(169,502)|23,207|
|**TOTAL FUNDS**|2,883,532|(2,647,223)|236,309|
|A current year 12 months and prior year 12 months|combined position is as follows:|||
|||Net||
|---|---|---|---|
|||movement|At|
||At 1.1.21|in funds|31.12.22|
||£|£|£|
|**Unrestricted funds**||||
|General fund|1,196,076|255,549|1,451,625|
|**Restricted funds**||||
|Research projects and parent support|69,888|24,928|94,816|
|**TOTAL FUNDS**|1,265,964|280,477|1,546,441|
##
##
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|5,250,120|(4,994,571)|255,549|
||**Restricted funds**||||
||Research projects and parent support|325,514|(300,586)|24,928|
||**TOTAL FUNDS**|5,575,634|i5,295,157)|280,477|
|**19.**|**CAPITAL COMMITMENTS**||||
||||31.12.22|31.12.21|
||||£|£|
||Contracted but not provided for in the financial statements||22,200||
##
##
##
||31.12.22|31.12.21|
|---|---|---|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations and legacies|2,625,058|2,792,399|
|Grants|-|58,136|
||2,625,058|2,850,535|
|**Investment income**|||
|Rents received|34,619|-|
|Deposit account interest|2,835|______ 184|
||37,454|184|
|**Charitable activities**|||
|Research income|29,590|32,813|
|**Total incoming resources**|2,692,102|2,883,532|
|**EXPENDITURE**|||
|**Raising donations and legacies**|||
|Wages|733,469|640,583|
|Social security|59,719|47,714|
|Pensions|26,878|24,497|
|Hire of equipment|283|439|
|Rent, Rates and service charges|19,181|19,351|
|Insurance|3,912|3,581|
|Light and heat|1,965|2,517|
|Telephone|14,994|14,647|
|Printing, postage and stationery|40,181|25,590|
|Staff training|427|908|
|Repairs and maintenance|1,652|4,613|
|Cleaning|494|1,098|
|Computer costs|32,150|32,478|
|Motor and travel|8,741|8,626|
|Advertising|33,561|17,174|
|Raffle and lottery costs|62,164|67,687|
|Bank charges|15,358|18,440|
|General expenses|2,980|1,378|
|Lottery and other prizes|94,000|95,500|
|Subscriptions|3,996|3,442|
|Amortisation of intangible fixed assets|-|319|
|Carried forward|1,156,105|1,030,582|
##
||31.12.22|31.12.21|
|---|---|---|
||£|£|
|**Raising donations and legacies**|||
|Brought forward|1,156,105|1,030,582|
|Depreciation of tangible fixed assets|8,090|8,014|
||1,164,195|1,038,596|
|**Charitable activities**|||
|Wages|624,678|592,211|
|Social security|60,356|54,345|
|Pensions|32,081|30,961|
|Hire of plant and machinery|647|1,003|
|Rent, rates and service charges|43,843|44,231|
|Insurance|8,943|8,184|
|Light and heat|4,492|5,754|
|Telephone|14,990|15,407|
|Printing, postage and Stationery|4,200|8,225|
|Sundries|(5,749)|3,856|
|Staff training|5,288|6,354|
|Repairs and maintenance|14,056|9,224|
|Computer costs|33,809|33,355|
|Travelling|12,903|6,100|
|Research charges|498,024|670,015|
|Cleaning|1,128|2,511|
|Subscriptions|4,011|7,596|
|Satellite costs|6,291|2,982|
|Library|15,856|19,133|
|Exhibitions & conferences|15,303|-|
|Amortisation of intangible fixed assets|-|729|
|Depreciation|18,492|18,317|
||1,413,642|1,540,493|
|**Support costs**|||
|**Management**|||
|Wages|29,915|28,312|
|Social security|3,263|2,932|
|Pensions|1,661|1,570|
|Hire of plant and machinery|81|125|
|Rent, rates and service charges|5,480|5,529|
|Insurance|1,118|1,023|
|Light and heat|562|719|
|Telephone|921|965|
|Postage and stationery|110|113|
|Sundries|82|115|
|Staff training|107|180|
|Carried forward|43,300|41,583|
##
||31.12.22|31.12.21|
|---|---|---|
||£|£|
|**Management**|||
|Brought forward|43,300|41,583|
|Cleaning|141|314|
|Computer costs|3,298|3,350|
|Travelling|375|226|
|Subscriptions|129|437|
|Depreciation|2,312|____ 2,381|
||49,555|48,291|
|**Governance costs**|||
|Trustees1 expenses|111|-|
|Auditors' remuneration|9,349|5,904|
|Sundries|199|198|
|Legal and professional fees|10,308|13,741|
|Board meetings|575||
||20,542|19,843|
|Total resources expended|2,647,934|2,647,223|
|**Net income**|44,168|236,309|