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2021-12-31-accounts

TABLE OF CONTENTS
Reference and Administrative Details
Trustees' Annual Report
Statement ofTrustees' Responsibilities
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Statement of Cash Flows
Notes to the Financial Statements

							2021			2020
						Restricted			Restricted
					Note	Income	Unrestricted	Total	Income	Unrestricted	Total
						f	f	f	f	f	f
Income and endowments				from:
Donations	and legacies				3	213,215	24,222	237,437	26,069	16,490	42,559
Other trading		activities			4					2	2
Investments					5		11,039	11,039		12,623	12,623
Total						213,215	55,261	24S,476	26,069	29,115	55,1S4
Expenditure on:
Raising funds					7	14	21,888	21,902	440	5,957	6,397
Charitable	activities				8	15,996	28,186	44,182	2,274	11,999	14,273
Total						16,010	50,074	66,084	2,714	17,956	20,670
Net income and		net movement
in funds before		gains and		losses
on investments						197,205	(14,813)	182,392	23,355	11,159	34,514
Net gains/(losses)		on
investments							21,505	21,505		(10,923)	(10,923)
Net Movement		in funds				197,205	6,692	203,897	23,355	236	23,591
Reconciliation	offunds:
Total funds	brought		forward		12	26,602	561,748	588,350	3,247	561,512	564,759
Total funds	carried forward				12	225,807	56$,440	792,247	26,602	561,748	58$,550

			2021			2020
	Note	Restricted Income f	Unrestricted f	Total	Restricted Income	Unrestricted f	Total f
Fixed assets
Investments			510,926	510,926		489,421	489,421
Current assets
Debtors			1,161	1,161
		223,807	70,239	294,046	28,715	82,212	110,927
Total current assets	10	223,807	71,400	295,207	28,715	82,854	111,569
Current liabilities
Creditors and accruals			13,886	13,886	2,113	10,527	12,640
Net current assets		223,807	57,514	281,321	26,602	72,327	98,929
Net assets		223,807	568,440	792,247	26,602	561,748	588,350
The Funds ofthe Charity Total income	12	223,807	568,440	792,247	26,602	561,748	588,350

				2021			2020
			Restricted			Restricted
		Note	Income	Unrestricted	Total	Income	Unrestricted	Total
					f	f	E	f
Cashflows from Operating
Activities:
Net cash provided by operating activities		13	195,092	{23,012)	172,080	25,031	{1,690)	23,341
Cash flows from investing
activities:
Dividends and interest	from
investments				11,039	11,039		12,623	12,623
Change in cash and cash equivalents in the year			195,092	(11,9731	183,119	25,031	10,933	35,964
Cash and cash equivalent brought forward		10	28,715	82,212	110,927	3,684	71,279	74,963
Cash and cash equivalent forward	carried	10	223,807	70,239	294,046	28,715	82,212	110,927

3. Donations and legades
		2021			2020
	Restricted			Restricted		Total
	income	Unrestricted	Total	Income	Unrestricted
			f	f	f
Recurring donations
Under gift aid		730	730		1,180	1,180
Not under gift aid		160	160		170	170
Tax recoverable		182	182		295	295
		1,072	1,072		1,645	1,645
Other donations
Under gift aid	85	4,005	4,090	55	7,740	7,795
Not under gift aid	213,109	18,107	231,216	26,000	4,513	30,513
Tax recoverable	21	1,038	1,059	14	2,592	2,606
	213,215	23,150	236,365	26,069	14,845	40,914
Total donations	213,215	24,222	237,437	26,069	16,490	42,559

			2021	2020
				f
Licence fee income
Other trading activities were unrestricted.
5.	Investment	income
			2021	2020
				f
Fund	distributions		11,037	12,604
Interest on bank		deposits	2	19
			11,039	12,623

						Charitable
Cost Type			Raising funds			activities
						Education
			Donations	and legacies		and training
			Unrestricted
				Restricted
			income
				income	funds
							Basis
Administrator's		cost			0%	0%	Time spent
Just Giving charges					0%	0%	Actual cost
Web site maintenance			100%		0	0%	Actual cost
Printing	and stationery				0%	0%	Actual cost

7. Expenditure on	7. Expenditure on	raising funds
			2021	2020
			E	E
Restricted	Nursing	funds
Donations	and legacies
Administration costs				438
Just Giving	charges		14	2
			14
Unrestricted funds
Donations	and legacies
Administrator costs			8,200	4,832
Just Giving	charges		341	319
Web site development			13,060	519
Insurance			202	202
Regulatory	and association costs		85	85
			21,888	5,957

8. Expenditure on c	haritable a	ctivities
			2021			2020
		Restricted			Restricted		Total
		Income	Unrestricted	Total	income	Unrestricted
				f	f	f	f
Grant funding
Individual projects			8,310	8,310
Medical support
Colorectal Department	website
Stoma team and colorectal
nursing staff		996		996	2,274		2,274
		996		1,140	2,274		2,418
Education and training
Robotics Registry		7,500		7,500
Robotics Research		7,500		7,500
Leaflets						235	235
Clinical Data Manager	and
Research Facilitator			19,732	19,732		11,620	11,620
		15,000	19,732	34,732		11,855	11,855
		15,996	28,186	44,182	2,274	11,999	14,273

				2021	2020
				f	f
Movements		in investments comprised:
Fair value	at	the beginning ofthe year		489,421	500,344
Net gains/(losses) on revaluation of investments				21,505	( 10,923)
Fair value	at	the end of	the year	510,926	489,421
Investments		at original	cost comprised:	Cost
				2021	2020
				f	f
IFSL CAF	Fixed Interest		Fund (BIncome)	137,617	137,617
IFSL CAF	UK	Equity Fund (BIncome)		219,982	219,982
				857,599	257,599
Investments		at fair value comprised:			Market Value
				2021	Revaluation	2020
				f	f	f
IFSL CAF	Fixed Interest		Fund (8Income)	227,827	( 11,108)	238,935
IFSL CAF	UK	Equity Fund (BIncome)		283,099	32,613	250,486
				510,926	21,505	489,421

10. Current assets
		2021			2020
	Restricted			Restricted
	Income	Unrestricted	Total	Income	Unrestricted	Total
					f	f
Debtors and prepayments		1,161	1,161		642	642
Current account	223,807	48,814	272,621	28,715	60,789	89,504
Deposit account		21,425	21,425		21,423	21,423
Cash at bank	223,807	70,239	294,046	28,715	82,212	110,927
	223,807	71,400	295,207	28,715	82,854	111,569

				2021	2020
				f	f
Restricted Nursing		funds
Charitable activities					2,113
Unrestricted	funds
Administrators	charges			2,086	1,140
Clinical Data	Manager		and Research Facilitator
costs				3,214	9,255
Other creditors				8,586	132
				13,886	10,527

12. Analysis off	und movements	und movements	und movements
Details ofmaterial	funds held and movements			during the current reporting		period
		Balance							Balance
	Type Ror	brought						Gains and	carried
Fund names	UR	forward		Income	Expenditure	Transfers		losses	forward
					E	E
TaTME training	R		18,607						18,607
Dr Elman Poole
Research
Fellowship				195,000					195,000
Exosome Projects				10,054					10,054
Robotic Research				7,500	( 7,500)
Nursing team
support			495	661	( 1,010)				146
Registry			7,500		( 7,500)
Restricted Income			26,602	213,215	( 16,010)				223,807
Unrestricted		561,748		35,261	( 50,074)			21,505	568,440
Total		588,350		248,476	(66,084)			21,505	792,247
"Key: R - restricted	income funds, including		special	trusts, ofthe charity; and U —unrestricted			funds

13. Reconciliation		ofnet movem	ent in funds to n	et	cash flow fro	m	operating	activities
					2021					2020
			Restricted Income	Unrestricted		Total		Restricted Income	Unrestricted		Total
								f		E	f
Net movement in	funds (as
per the statement		of
financial activities)			197,205		6,692	203,897		23,355		236	23,591
Dividends and interest from
investments					(11,039)	(	11,039)			( 12,623)	( 12,623)
(Gains on)/losses	on
investments					( 21,505)	( 21,505)				10,923	10,923
(Increase)/decrease		in
debtors					( 519)		( 519)			263	263
Decrease in creditors			( 2,113)		3,359		1,246	1,676		( 489)	1,187
Net cash provided		by
operating activities			195,092		(23,012)	172,080		25,031		(1,690)	23,341