##
##
|Trustees|||Katrin Kandel Burke-Smith|Katrin Kandel Burke-Smith|Katrin Kandel Burke-Smith||
|---|---|---|---|---|---|---|
||||Simon Fennell
(Chairman)||||
||||Peter Schell||||
||||Charles Schrager||||
||||Norma Timoney||||
||||Michael Chan||||
||||Christopher|Forrest|||
||||Anil Patel||||
||||Richard Porter||||
|Charity|number||1092772||||
|Company||number|04427304||||
|Principal|address||Suite 5, Bank Chambers||||
||||567 Fulham|Road|||
||||London||||
||||SW6 1ES||||
|Registered||office|Suite 5, Bank Chambers||||
||||567 Fulham|Road|||
||||London||||
||||SW6 1ES||||
|Auditor|||Georgiades|Charalambou||&Co LLP|
||||283 Green|Lanes|||
||||Palmers
Green||||
||||London||||
||||N13 4XS||||
|Bankers|||CAF Bank Limited||||
||||25 Kingshill|Avenue|||
||||Kingskill||||
||||Kent||||
||||ME194JQ||||
||||Barclays Bank UK||Pic||
||||1 Churchill|Place|||
||||London||||
||||E145HP||||
||||Metro Bank|Pic|||
||||One Southampton||Row||
||||London||||
||||WC1B5HA||||
|Solicitors|||Bates Well|& Braithwaite|||
||||Cheapside|House|||
||||137Cheapside||||
||||London||||
||||EC2V6BB||||
##
|||Page|
|---|---|---|
|Trustees'
report||1-11|
|Independent
auditor's|report|12-15|
|Statement
of financial|actiwties||
|Balance sheet||17|
|Statement ofcash flows||16|
|Notes to the financial|statements|19-30|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2022|2022|2022|2021|2021|2021|
|||Notes|f||F|6|8|8|
|Income and endowments|||from:||||||
|Donations
and|||||||||
|legacies||3|307,940|130,000|437,940|661,261||661,261|
|Investments||4|756||756|43||43|
|Other income||5|2,385||2,385||||
|Total income|||311,081|130,000|441,081|661,304||661,304|
|~E«d it|||||||||
|Raising funds||6|40,768||40,768|49,221||49,221|
|Charitable
activities||7|304,629|46,495|351,124|584,136|153,614|737,750|
|Total expenditure|||345,397|46,495|391,892|633,357|153,614|786,971|
|Net (expenditure)/income|||||||||
|for the year/|||||||||
|Net movement|in funds||(34,316)|83,505|49,189|27,947|(153,614)|(125,667)|
|Fund balances at 1 January|||||||||
|2022|||435,952|32,885|468,837|408,005|186,499|594,504|
|Fund balances|at 31||||||||
|December 2022|||401,636|116,390|518,026|435,952|32,885|468,837|
##
##
##
|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Notes|||||
|Fixed assets||||||||
|Tangible assets|||13||1,033||1,218|
|Current assets||||||||
|Stocks|||14|3,120||27,500||
|Debtors|||15|4,053||6,531||
|Cash at bank and in||hand||529,724||459,188||
|||||536,897||493,219||
|Creditors:|amounts|falling due within||||||
|one year|||16|(19,904)||(25,600)||
|Net current|assets||||516,993||467,619|
|Total assets less current liabilities|||||518,026||468,837|
|Income funds||||||||
|Restncted|funds||17||116,390||32,885|
|Unrestricted|funds|||||||
|Designated|funds||18|175,000||175,000||
|General
unrestricted||funds||226,636||260,952||
||||||401,636||435,952|
||||||518,026||468,837|
##
##
##
||||||2022||2021||
|---|---|---|---|---|---|---|---|---|
|||||Notes|8||8||
|Cash flows from operating||activities|||||||
|Cash generated
from/(absorbed|||by)|23|||||
|operations||||||70,366||(147,046)|
|Investing|activities||||||||
|Purchase|oftangible
fixed assets||||(586)||(744)||
|Investment|income received||||756||43||
|Net cash|generated
from/(used||in)||||||
|investing|activities|||||170||(701)|
|Net cash|used
in financing|activities|||||||
|Net increase/(decrease)
in||cash and||cash|||||
|equivalents||||||70,536||(147,747)|
|Cash and|cash equivalents|at beginning||ofyear||459,188||606,935|
|Cash and|cash equivalents|at end of||year||529,724||459,188|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||Unrestricted|Restricted|Total|Unrestricted|
|---|---|---|---|---|---|
|||funds|funds||funds|
|||2022|2022
6|2022f|2021|
|Donations|and gifts|135,549|130,000|265,549|177,354|
|Government|grants||||6,000|
|Donated goods and services||172,391||172,391|477,907|
|||307,940|130,000|437,940|661,261|
##
|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2022|2021|
|||6|6|
|Interest|receivable|756|43|
|||Unrestricted|Total|
|---|---|---|---|
|||funds||
|||2022|2021f|
|Other|income|2,385||
##
##
||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2022|2021|
|||||||6|
||Fundraisin|and|ublicit||||
||Activities undertaken|||directly|18,917|29,228|
||Share ofsupport||costs||21,851|19,993|
||Fundraising|and|pub(icity||40,768|49,221|
||||||40,768|49,221|
|7|Charitable|activities|||||
||||||2022|2021|
|||||||6|
||Staff costs|||||1,449|
||Training
programme||||211,619|642,433|
||Fellowship|costs|||52,098|13,731|
||Other charitable||expenditure|||165|
||||||263,717|657,778|
||Share of support||costs (see note 8)||59,563|53,644|
||Share ofgovernance|||costs (see note 8)|27,844|26,328|
||||||351,124|737,750|
||Analysis
by fund||||||
||Unrestricted|funds|||304,629|584,136|
||Restricted|funds|||46,495|153,614|
||||||351,124|737,750|
||For the year ended|||31 December 2021|||
||Unrestricted|funds|||584,136||
||Restricted|funds|||153,614||
||||||737,750||
##
##
|8|Support costs|Support costs|Support costs||||||
|---|---|---|---|---|---|---|---|---|
|||||Support|Governance|2022|2021|Basis ofallocation|
|||||costs|costs||||
|||||f|||||
||Staff costs|||52,181|2,746|54,927|46,764|Staff time|
||Office overheads|||22,272|1,172|23,444|23,820|Usage|
||Audit fees||||8,580|8,580|8,700|Governance|
||Accountancy||fees||21,191|21,191|19,749|Governance|
||Trustee costs||||1,116|1,116|932|Governance|
|||||74,453|34,805|109,258|99,965||
||Analysed|between|||||||
||Fundraising|||14,890|6,961|21,851|19,993||
||Charitable|activities||59,563|27,844|87,407|79,972||
|||||74,832|34,805|109,258|99,965||
|Net movement
in funds|Net movement
in funds|||2022f|2021
6|
|---|---|---|---|---|---|
|Net movement|in funds is stated|after charging/(crediting)||||
|Fees payable|to the company's|auditor for the audit ofthe company's|financial|||
|statements||||8,580|8,700|
|Depreciation|ofowned tangible|fixed assets||771|730|
|Operating
lease charges||||27,780|25,940|
##
##
##
##
##
|The average|monthl|y
number
ofemployees
during the|year was:||
|---|---|---|---|---|
||||2022|2021|
||||Number|Number|
|Admin|||||
|Employment|costs||2022|2021|
||||6||
|Wages and salaries|||48,296|42,962|
|Other pension costs|||871|841|
||||49,167|43,803|
|Other employment||costs|5,760|4,410|
##
|Tangible fix|ed assets|||||
|---|---|---|---|---|---|
||||Fixtures ahd|Computers|Total|
||||fittings|||
||||F|||
|Cost||||||
|At 1 January|2022||10,416|18,023|28,439|
|Additions||||586|586|
|At 31 December 2022|||10,416|18,609|29,025|
|Depreciation|and impairment|||||
|At 1 January|2022||10,317|16,904|27,221|
|Depreciation|charged|in the year|99|672|771|
|At 31 December 2022|||10,416|17,576|27,992|
|Carrying
amount||||||
|At 31 December 2022||||1,033|1,033|
|At 31 December 2021|||99|1,119|1,218|
##
##
|14|Stocks|||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||F|f|
||Stock of medical equipment|||3,120|27,500|
|15|Debtors|||||
||Amounts
falling due||within one year:|2022f|2021
f|
||Other debtors|||2,348|2,998|
||Prepayments|||1,705|3,533|
|||||4,053|6,531|
|16|Creditors: amounts||falling due within one year|||
|||||2022f|2021f|
||Other taxation|and social security||1,888|1,903|
||Trade creditors|||829|341|
||Other creditors||||76|
||Accruals|||17,187|23,280|
|||||19,904|25,600|
##
|||||||Movement|in funds||
|---|---|---|---|---|---|---|---|---|
||||Balance at|Resources|Balance at|Incoming|Resources|Balance at|
||||1 January 2021|expended1|January 2022|resources|expended|31 December|
|||||||||2022|
|||||||||f|
|Fellowship|Programme||26,499|(3,614)|22,885|130,000|(46,495)|106,390|
|Centres of|Excellence||130,000|(130,000)|||||
|RCSAccreditaion||Protect|30,000|(20,000)|10,000|||10,000|
||||186,499|(153,614)|32,885|130,000|(46,495)|116,390|
##
##
##
|||||Movement||Movement||
|---|---|---|---|---|---|---|---|
|||||in funds||in funds||
||||Balance at|Incoming|Balance at|Incoming|Balance at|
|||1|January 2021|resources1|January
2022|resources|31 December|
||||||||2022|
||||||||f|
|Designated|funds||175,000||175,000||175,000|
||||175,000||175,000||175,000|
||||m0||0||||CO
N|CD
CD||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||CO||
||||o
cu
0'0
C
0||N
0|||||||
||||N0|||||||||
||||13
N
IQC|ul
'0
C
v|0|||||Cl
Ct0
IO|0
Ct0
IO|
||||«JJ|||||||p|C|
||||N0O|||||||||
||||ID
C
Ql0|ul'0
C
0|N
0
N||||CO
N|'ct
Ot
IO|IO
Ot
Ct|
||||0||0
N|DQ||||||
||||0 N
N'0
v C
0||N
N
0|||||||
||||I|||||||||
||||N|||||||||
||||IP|||||||||
||||0
CQ
V|N
'0
CO||||||Ct
Cl
Ct|Ct
Cl|
||||C|v||||||IA|IO|
||||Ul|||||||||
||||N|||||||||
||||NO|||||||||
|CI
III
ZI-|||P.
Qt
C0
0|N
'0
C
v|N
O||||ut
O|ut0
CO
IO|CO
CO
CD|
|0
O||||||||||||
|MI-X||||||||||||
|IJJ||||||||||||
|IJJ
V)|O
IJJ
Cl
IJJ
CI|Ih'0
C
C
Ql|||||ID
IQ
N0
N|||||
|||Ql|||||N|||||
|U
Z|IJJ
CI
CI|QlSl
ID
Ql
N|||||E
Qt0
Qt
Ct|||ul
N||
|||ID|||||CO|||QD||
||IJJ|IQ||||||||CQ||
|UJXI-0I-
th
UJI-0Z|IJJ
IJ.0|QlC
u0
ul
N
IQC|||||Ql
N
Qt
0
C
IU
m
'0
C|-0
0
Qt
C
Ql
ID
CD
Ql|ul
I/I
N
ut
N
N
N
CQ
N
CQ
C
Ot
N
C
m
I—U|||
##
##
##
||||2022|2021|
|---|---|---|---|---|
||||6||
|Within|one|year|13,680|13,480|
##
##
||The foundation
is ultimately
controlled|The foundation
is ultimately
controlled|The foundation
is ultimately
controlled|by the|by the|trustees.||||
|---|---|---|---|---|---|---|---|---|---|
|23|Cash generated
from|operations||||||2022|2021|
|||||||||6|6|
||Surplus/(deficit)
for the|year||||||49,189|(125,668)|
||Adjustments
for.|||||||||
||Investment
income recognised
in statement|||||offinancial|activities|(756)|(43)|
||Depreciation
and impairment
oftangible||||fixed assets|||771|730|
||Movements
in working|capital:||||||||
||Decrease/(increase)
in|stocks||||||24,380|(27,500)|
||Decrease
in debtors|||||||2,478|4,535|
||(Decrease)/increase
in|creditors||||||(5,696)|900|
||Cash generated
from/(absorbed||by)||operations|||70,366|(147,046)|
|24|Analysis
ofchanges|in net funds||||||||
||The Foundation
had no debt during||the||year.|||||