2023-07-31-accounts

Members ofthe board	and professional	advisers
Trustees' annual report			4-9
Statement oftrustees'	responsibilities
Independent auditor's	report		11-14
Statement offinancial	activities		19
Balance sheet
Statement ofcash flows			17
Notes tothe financial statements			18-26

The hoard oftrustees	i Radcllff (Resigned 17	May 2023)
	R P Dennis
	D K Mosley
	E L McMurtry
	JS Les
	K Perera
	5 LThorp
Comps ny secretary	E L McMurtry
Scientific committee	R Falconer
	Dr G McDowell
	Prof M Slevin
	Dr lan Pike
	C Quinn
	Prof 3Sweeney
Sdentific director	Dr D Pye
Relgstered office	Alumni House
	Acton Square
	Salford
	M5 4NY
Auditors	Mitchell Charlesworth	(Audit) Limited
	Chartered Accountants
	Statutory Auditor
	3rd Floor
	44 Peter Street
	Ma n chester
	M2 5GP
Bankers	Barelays Bank pic
	PO Box357
	5th Floor
	M os lay Street
	Ma n chester
	M60 2AU

		Unrestricted		Total	Unrestricted	Restricted
		Funds	Restricted	Funds	Funds	Funds	Total Funds
			Funds	2023			2022
	Here	E	t	f	6	E	6
Income from:
Donations and legacies	4	128,229	115W3	243,872	132,037	55,509	187,546
Income from trading	5	49,14$		49,148	74,614		74,614
activities
Grants received					17,140		17,140
Investment income	6			1,265	47		47
Total income		178,642	115,643	294,285	223,838	55,509	279,347
Expenditure on:
Raising funds	7	179,733	17,120	196,853	234,832	14,488	249,320
Charitable activities	8	11,244	23,979	35,223	35,374	84,330	119,704
Tata Iexpenditure		190,977	42~	292,076	270,206	98,818	369,024
Net
income/(expenditure)		l12.335)	74~	62.209	(46,368)	l43,309)	l89,677)
Recondgatlon of
funder
Total funds brought forward		79,$73	47~	127r497	126,241	90,933	217,174
Transfer offunds
Tata Ifunds carrfed
forward		67,538	122,168	189,706	79,873	47,624	127,4'97

1Iuly 20	2	3
					2022
			Note
Current assets:
Stocks			12	1883	2,445
Debtors			13	16,786	18,615
Cash at bank				230,697	269,822
Totalcurrent		assets		249,466	290,882
lfabllltless
Creditors: falling due within one year			14	(28~I	l134,724l
Net current	assets			221,443	156,158
provisions
USS pension		scheme degcit recovery
plan				(31,737l	l28,661)
Net assets				189,706	127,497
The funds ofthe charity:
Unrestrirted		income funds	16	67,538	79,873
Restricted	income funds		16	122,168	47,624
Totalfunds				189,706	127,497

tatement ofCash Flow 1july 2023	s
					2022
			Note		f
Cash expended in operating activities			18	(40,390l	(111,439 I
Cash flows from investing	activities
Interest income					47
Decrease in cash and cash	equivalents
for the year				(39,125l	l111,3921
Cash and cash equivalents	at the
beginning ofthe year				269,822	381,214
Totalcash and cash equivalents		atthe		230,697	269,822
end ofthe year

	wound u	p,	the	liability in	respect o	fthe guar	antee	is limit	ed to11	per truste	e o	fthe charity,
	Income
	fram							Total					Tote I
	donations		Vnrestrlcted		Restricted			funds	0nrestrktad		Restricted		funds
	and legacies			funds f		fundsf		2023f		funds f		funds f	2022f
	Gifts			128429	115,643			243,S72	132,D37			55,509	187,546
				128429	115,643			243,S72	132,D37			55,509	187,546
	Income of	f115,643(2022:f55,509)				was received		for restricted purposes.
	The charity	benefits greatly			from the involvement			and enthusiastic		support	of	its many volunteers. In
	accordance	with		FRS 102	and the	Charities	SORP IFR5		102), the	economic		contribution	of general
	volunteers	is	not	recognised	in the accounts.
3.	Income from		other trading		activities							2023	2022
												f	IE
	Events											5.221	27,159
	Street/Stadium		«ogections									2.714	4,528
	Placed collection			tins								41,213	42,927
												49,148	74,614

		Basis of	Oonngens		Stodent/Co		Trusts	dr
		agocatrnn	a tegocles	grouts	eunueity	Placed tins	Foundations		2023 Tend	2022 Total
Costa dree tly
allocated to actidticm
Stag'Costs		Dimct	65371	11,616	28329		12,032		142,125	1&7,028
Catering / Hospitably		D unct								29
Event / Room Hire		Ducat	93/ip	2267					114127	9,756
Printing / Publicity		Dlmct	95	1,017	191				1303	12,793
Travel dc Espenses		Dimct		4317	301	2,766			7384	3,508
Ceo eral Con sums bise		D unct			262	740			15192	2342
Aude Fee		Ducat
Rccruitrncnt Fccs		Dlmct
Inter.st		Direct
Supgort Casts
auocesed to actidtles	r
Insurance		StatTCosts	1,007	179	439	379		185	2,109	1424
Travel dc Espenses		Stag Costs								Il
Conceal Oflice Costs		Stag Casts	10356	1/76	4607	3,969		1,943	22rr5 1	22,990
M a drat in 8 d. Pub laity		StaBCosts	Id66	296	727	626		306	34121	3,716
Sodwarc/W ebsitc		StatTCosts	2, 1401	380	934	805		394	4/653	5623
Total tape nd tare			90,195	21,948	35,990	332010	142010		196v854	2411320

8.	Charitable	activities			Total			Tots I
			Unrestricted	Restricted	funds	Unrestricted	Restricted	funds
			funds f	funds E	2023 6	fund s f	funds f	2D22f
	Research grants		I5,016)	23,979	18,961	22,716	84,330	107,046
	Governance	costs	16460		16,260	12,658		12,658
			11~	23,979	35,221	35,374	84,330	119,704

	Governance cost analysis:			Total	Tote I
			Basisof	2023	2022
	Costs directly allocated to activities:		allocation	E	f
	Staff costs		Direct	1,990	2,304
	Audit fee		Direct	24)77	2,400
	Re«ruitment fees		Direct	10,176	7,200
	interest		Direct	949	337
	Support costs allocated to activities:
	Insurance		Staff costs	31	19
	General office costs		Staff costs	317	283
	Marketing fk publicity		Staff costs	51	46
	Software/web site		Staff costs	69	69
	Total expenditure			16,260	12,658
9.	Analysis ofstaff costs, trustee remuneration	and expenses			2022
					f
	Salaries and wages			120499	188,413
	Socia I security costs Pension costs			9J)24 9~	f12,211) 23,545
	Pension deficit plan provision			2,127	I10,415)
	Redundancy costs			22)SS
				144,113	189,332

Staff numbers			2023	2022
The average number	ofadministration	staff in the charity was as
follows:
Hcadcount
Full time equivalent			4.2	6.6

12,	Stock			2023	2022
					E
	Promotional	merchandise		1,$77	1,837
	Clothing				608
					2,445
				2023f	2022 f
	Prepayments	and accrued income		16,786	18,615
				16,786	18,615
14.	Creditors: amounts		falling due within one year	2023f	2022 f
	Other creditors			13,933	80,836
	Accruals			13,400	32,692
	Deferred income			670	1,236
				28,023	134,724

Deferred income:
Deferred income as at	1August 2022			1,236	6,389
Released from previous	year			(1P'%)	(6,589)
Income deferred in year				670	1,236
Deferred income as at	31July 2023			670	1,236
*tthe balance sheet date, the charity		was holding funds	received in advance	in respect of events taking
place later in 2023/24.
Commitments				2023f	2022 E
At the reporting end date the company		had commitments	in respect of
grants payable as follows:
Within one year				36,712	49,544
After one year				25,000
				61,712	49,544
Analysfs ofcharnable	funds
	Balance	Incoming	Resources		Balance
	01/08/2022	resources	expended	Transfers	31/07/2023
	6	6	6	6	E
IJnrestrlcted funds:	79,873	178,642	190,977		67,538
Re strfct ed funds:
Gracie's Goal Fund	4,'964				4,964
Tim Bacon Foundation	12,412		(12,412)
M/cr Guardian Society			2,126		4,030
The Grand Trust	1,904		(13,693)		3,172
VKH Foundation					3,500
General Research		33422	(4cf23)		452
Student Place ments Pump Priming	9,115	7,750 3~	(4,707)		19,657 10,500
Core Costs Ambassador Prog	5,365 13,864	30JOD 10~	(7~)		7,500 22,500
PhD Research		108M			45r893
Education Programme		202)81			4,964
	47,624	115AI43	(41,099)		122,169

Reconciliation ofn	et movement		in funds tonet cash flow from	operating expenses
				2023	2022
				6	E
Net movement in funds				62,209	(89,677)
(Decrease)/Increase	in provislons			3,076	(10,079)
Deduct interest income shown		in	investing activities	(1,265)	(47)
Decrease/(increase)	in stock				(1,231)
Decrease/(increase)	in debtors			1,829	(2,431)
(Decrease)/Increase	in creditors			(106,701)	(7,974)
Net cash generated	in operating		acthrities	(40,390)	(111,439)