| Reference and Adrrdnhrtrelve Details of |
Reference and Adrrdnhrtrelve Details of |
the Charity, Its Trustees snd Advisers | the Charity, Its Trustees snd Advisers | |
|---|---|---|---|---|
| Trustees' Report | 2-7 | |||
| Independent Auditors' |
Report on the Financial Qaternents | |||
| Statement ofFinancial | Activities | i2 | ||
| Balance Sheet | t3 | |||
| Statement ofCash Flows | ||||
| Notes tothe Flntmcial | Statements | 15-25 | ||
| The fofiowing pages do | not form part ofthe | statutory | financial statements: | |
| Charlg Detailed Income and Expenditure | Account | and Summaries |
| Restricted | Unrestricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funrfa | |||
| 2021 | 2021 | 2021 | 2020 | |||
| Note | E | 8 | 2 | |||
| INCOME FROMt | ||||||
| Donations, grants snd legacies | 310,197 | 535,704 | 848,901 | &39,578 | ||
| Charitable activities |
488,217 | 488417 | 888,378 | |||
| Investments | 929 | 929 | 2,581 | |||
| TOTAL INCOSIE | 310,197 | 1AI25,850 | 1,335,047 | 1,810,537 | ||
| EXPENDITURE ON; | ||||||
| Raising funds: Management | ||||||
| operations, fundraising communications |
and | 90r895 | 90W5 | 141,400 | ||
| Charilable acfivifies |
315,141 | 970,830 | 1,288,990 | 1,276,691 | ||
| TOTAL EXPENDITURE | 318,141 | 1AHi1,734 | 1,377,875 | 1,418,091 | ||
| NET MOVEMENT IN FUNDS |
(5,944) | IS5,884) | (41,828) | 192,448 | ||
| RECONCIUATION OF |
FUNDS: | |||||
| Total funds brought forward |
115,937 | 834rSSO | 950,787 | 758.921 | ||
| Net movement in funds |
t5,944) | f35884) | (41r828) | 192,446 | ||
| TOTAL FUNDS CARRIED FORWARD | 109,993 | 799,948 | 908,939 | 950,787 |
| 2020 | ||||||
|---|---|---|---|---|---|---|
| 2021 | Restated | |||||
| FIXEDASSETS | ||||||
| Tangible assets | 10 | 8,130 | 12,471 | |||
| 8,130 | 12.471 | |||||
| ' | CURRENT ASSETS | |||||
| Debtors | 1'I | 234,698 | 238,711 | |||
| Cash at bank and in hand | 827,601 | 878,699 | ||||
| 1,082,099 | 'i,117,410 | |||||
| Creditors: anounts Ising due within one | ||||||
| 12 | (161,290) | (179,114) | ||||
| NET CURRENT ASSETS | 900JI09 | 938,286 | ||||
| TOTAL ASSET8 LESSCURRENT | ||||||
| UABIUTIES | 908439 | 950,767 | ||||
| 908,939 | 950,767 | |||||
| TOTAL NETASSETS | 908,939 | 950,767 | ||||
| CHARITY FUNDS | ||||||
| Restricted funds | 109,993 | 115.937 | ||||
| Unrestricted funds |
7S8,946 | 834,830 | ||||
| TOTAL FUNDS | 950,767 |
| 2021 | 2020f | ||||
|---|---|---|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES | |||||
| Net cash used in operating | activities | (48,728) | f27,071 | ||
| CASH FLOWS FROM INVESTING ACllVITIES | |||||
| Purchase oftangible gxed | assets | (4,763) | (3,259) | ||
| Interest from investments | 291 | 258f | |||
| NET CASH USED IN INVESTING ACTIVITIES | (4,472) | (878) | |||
| CHANGE IN CASH AND |
CASH EQUIVALENTS | IN THE | YEAR | (51,198) | 128,393 |
| Cash and cash equivalents | atthe beginning ofthe year |
878,899 | 752,305 | ||
| CASH AND CASH EQUIVALENTS ATTHE END OF THE YEAR | 827,501 | 57a,dgtt | |||
| The notes on pages 15to | 25 form part ofthese gnancial | statements |
| Restricted | Unrestricted | Total | Tolal | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2821 | 2021 | 2821 | 2020 | ||
| E | E | ||||
| Donations | 488,808 | 500,000 | |||
| Grants | 310,197 | 310,197 | 439,578 | ||
| Government | grants | 39,804 | 38,804 | ||
| 310,197 | 536,704 | 84$,901 | 930,578 | ||
| Total 2020 | 430,578 | 500,000 | 830,578 |
| Unrestrkted | Total | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2021 | 2021 | ||||
| 6 | |||||
| Conference | and events | 211,274 | 211,274 | 137,072 | |
| Research projecis | 195,071 | 195,071 | 454,665 | ||
| Subscriptlons | (individual | and corporate) | 81,872 | 81,872 | 76,84f |
| 488,217 | 488417 | 658.378 | |||
| 858,378 | 888,378 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funda | |||
| 2021 | 2021 | 2020 | |||
| 2 | 5 | ||||
| Bank | interest | received | 2,581 | ||
| Total | 2020 | 2,581 | 2 58'I |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2021f | 2021 E |
2020 | |
| Conference and events | 18,875 | 19,876 | 52541 |
| Allocation ofsupport costs (Note 8) | 71,020 | 71,020 | 88559 |
| 90895 | 90895 | 14f,400 | |
| 141,400 | 141,400 |
| Torsi | ||||
|---|---|---|---|---|
| Restricted | Unrestricted | Total | funds | |
| funds | funds | funds | 2020 | |
| 2021 | 2021 | 2021 | (restated) | |
| 6 | 5 | |||
| Unbound grant expenditure |
41,854 | 41,854 | 33,191 | |
| Nuffield grant | 264,197 | 254,197 | 288,808 | |
| Gatsby grant | 21,780 | |||
| Riching grant | 10,290 | 1D,290 | ||
| Research fees and subscrlptions | 6D,D32 | 80,032 | 130,482 | |
| Pringng ofpublicadons | 2097 | |||
| Alhcagon ofsupport costs (Note 6) |
910,608 . | 910PDS | 782335 | |
| 316,141 | 97D,840 | 1,286,981 | 1,278,691 | |
| 7olel 2020 | 381,777 | 914,914 | 1,278,891 |
| Governanos | costs | ||||
|---|---|---|---|---|---|
| 2021 | 2020f | ||||
| Auditors' remuneration (including |
prior yser under provision) | 9,748 | 9,630 | ||
| Accountancy, | payrol fees, autoenrolment | fess | 8,348 | 6,075 | |
| Accountancy | and advice prior year under | provision | 2,827 | 3,500 | |
| Baakkeeping | 3433 | 3,017 | |||
| Legal and professional fees | 1,387 | 1,069 |
| Costs of | Total | |||||
|---|---|---|---|---|---|---|
| generating funds |
Charitable activities |
Total funds |
funds 2020 |
|||
| 2021 6 |
2021 | 2021 | (restated)f | |||
| Of%ca costs | 7,353 | 66,176 | 73,529 | 102,097 | ||
| Website and ITcosts | 1,550 | 13,951 | 1S,601 | |||
| Misce8aneous | 5,700 | |||||
| Bank charges | 287 | 319 | ||||
| Consultancy | 25,198 | |||||
| Adverlising and promotional |
509 | 4,585 | 5,094 | e,efo | ||
| Wages and salaries | 47,318 | 903,776 | 961,094 | 899.459 | ||
| Nakanal insuranos |
5,050 | 95,946 | 100.996 | 96,070 | ||
| Pension casts | 5,935 | 112,773 | 118,708 | 64,874 | ||
| Restricted expenditure |
Unbound | (Note 6) | (41,654) | (41,884) | (33.191) | |
| Restricted expendliure | -Nufliekl | (Note 6) | (284.'l97) | (264,197) | (285,806) | |
| Restricted expenditure | - Stiching | Benevolentia | (10,290) | (10,290) | (20,000) | |
| Restricted expenditure | -Gstsby | (Note 7) | (21,760) | |||
| Governance costs (Nate 7) |
2,362 | 21,261 | 23,623 | 23,291 | ||
| Deprecia8on | 910 | 8,194 | 9,104 | 9,089 | ||
| Total | 71,019 | 910,808 | 981,827 | 871,194 |
| 2821 | 2020 | ||||
|---|---|---|---|---|---|
| 6 | |||||
| Wages and | salaries | 961,094 | 899,469 | ||
| Social security costs | 100,996 | 96,070 | |||
| Contribution | to delinsd | contribution | pension scheme | 118,708 | 64,874 |
| 1,170,798 | f,060,403 |
| The average | number o | fpers | ons emptoyed by the chatty during |
the year was as folkwvs: | |
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| No | IVo | ||||
| Management, | research | end | adminisbative | 22 | 2f |
| Fixtures and | ONce | |||
|---|---|---|---|---|
| fiitings | equipment f |
Total | ||
| Costorvaluation | ||||
| At 1 April 2020 | 0,196 | 36,375 | 44,572 | |
| Additions | 4,763 | 4,763 | ||
| At 31 March 2021 | 8,196 | 41,139 | 49,335 | |
| Depreciation | ||||
| At 1 April 2020 | 5,032 | 25289 | 32,101 | |
| Charge for the year | 2,123 | 6,981 | 9,104 | |
| At 3 I March 2021 | TW5 | 33450 | 41,205 | |
| Net book value | ||||
| At 31 March 2021 | 8,130 | |||
| At31ltfsrch 2020 | 2364 | $0,fOT | 12,471 | |
| 11. | Dsbtom | |||
| 2021f | ||||
| Due within one year | ||||
| Trade debtors | 178,702 | 166,362 | ||
| Other debtors | 31,612 | 32,436 | ||
| Prepayments and accrrjsd income |
17410 | 20.280 | ||
| Tax recoverable | 6,774 | 633 | ||
| 234,598 | 236.711 |
| Trade creditors | 14,883 | 33,738 | |
|---|---|---|---|
| Other taxation and social security | 90,114 | 72398 | |
| Other creditors | 17AM | 33,f87 | |
| Accrusls and deferred | income | 38,024 | 39,79f |
| 161,290 | 179,114 | ||
| 2020 | |||
| Other trum5on snd social security | |||
| PAYE /Nl control | 35,4fo | ||
| VAT control | 36,988 | ||
| 90,114 | 72,390 |
| Reconcgiation ofne |
t~ | t in funds |
to net cash liow from operat | ing activities |
|
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| E | |||||
| Net income/expenditure | for the year (as per | Statement ofFinancial | |||
| Activities) | (41,828) | 192,446 | |||
| Adjustments for. |
|||||
| Dspredsgon charges |
9,104 | 9,532 | |||
| Interest received | (291) | (2,58fj | |||
| (Increase) / decrease |
in debtors | 4,112 | (f47,358/ | ||
| Increase / (decrease) |
In creditors | (17,623) | 75,032 | ||
| Net cash pmvlded by/(used |
In) opensdng | activides | (46,726) | f27,07f |
| Not later than | 1 year | 38,224 | 48,053 |
|---|---|---|---|
| Later than 1 year and not later than 5years | 43,683 | 91,738 | |
| 81,907 | 139,791 |
| 2021 | 2021 | 2020 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 6 | 6 | 6 | ||||||||
| Income | ||||||||||
| Donabons snd grants |
4083)00 | 500,000 | ||||||||
| Conference and events | 211474 | 137,072 | ||||||||
| Research and projects | 183417 | 447,765 | ||||||||
| Restricted grants receivable | $10,198 | 439,576 | ||||||||
| Subscriplions and publications |
81,872 | 76.641 | ||||||||
| Bank interest receivable | 2,582 | |||||||||
| Misceganeous income |
11,563 | |||||||||
| Furlough krcome |
393N)4 | |||||||||
| Gross income In the reporting | period | 1,336,047 | 1,610,537 | |||||||
| Less: | ||||||||||
| Costs ofgenerating | funds | |||||||||
| Conference snd events | 19,678 | 52,541 | ||||||||
| Printing ofpublicadons | 2097 | |||||||||
| Research fees and subsciptions | 60,0S2 | 130,489 | ||||||||
| Wages snd salaries | 961,094 | 899,459 | ||||||||
| Employer's national insurance |
100,998 | 96,070 | ||||||||
| Pension costs | 118,708 | 64,874 | ||||||||
| CIBcecosts | 73,629 | 102,097 | ||||||||
| Websile snd ITcosts | 15,501 | |||||||||
| Advertising, marketing |
and recruitment | 5,094 | 6,809 | |||||||
| Consultancy | 25,196 | |||||||||
| Auditors' remureratlon |
(induding | prior | year | |||||||
| underprovision) | 9,743 | |||||||||
| Accountancy snd payrog fees gnctuding underprovision) |
prior year | 9,176 | 9,574 | |||||||
| Bookkeepmg (non-audit) |
3333 | 3,016 | ||||||||
| LegN fees | 1387 | 1,069 | ||||||||
| liliscehsneous | 5,694 | |||||||||
| Bank charges | 319 | 365 | ||||||||
| Depreciation | 9,104 | 9,069 | ||||||||
| Total expenditure | 1377,875 | 1,416,091 | ||||||||
| Net (expenditure)/Income reporting period |
before | taxation forthe | (41,828) | 192346 | ||||||
| Net (expenditure)llncome | forthe | reporting | period | (413I28) | 192~ |
| 2021 E |
2021 K |
2020 f |
2020 f |
|||||
|---|---|---|---|---|---|---|---|---|
| (Deficit)ISurplrrs | for | the | report)ng | perfod | (41,828) | 192445 |