2020-09-30-accounts - Kidney Research Yorkshire

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		Page
Business Information
Report of the Trustees
Independent Examiner's	Report
Statement of Financial Activities
Balance Sheet		10
Notes tothe Financial Statements		12

BUSINE	BUSINE	SS INFORMATION
DIRECTORS:		D. I. Firth (resigned 10October 2019) J.L.Wiley J.H. Marryat (appointed 17October 2019) W. Grtffiths (resigned 31 January 2020)
PATRONS:		The Lord St.Oswald
		The Hon. Simon Howard
		Trevor Gurney, FCA
		Christine Talbot
		Ashley Jackson
		Prof. Alex M. Davtson, RD, MD, FRCP
		Danni Hewson
		Matthew Lewis
		Kevin Sinfield MBE
		Stuart Andrew MP
		Professor Graham A. Leslie Hon DBA, CBE
		Baroness Haleh Afshar OBE,FScSS
SECRETARY:		Rachel Dunhill MAAT, ACA
REGISTERED	OFFICE:	StPeg's Mill
		Brighouse
		West Yorkshire
		HD6 4AH
BANKERS:		Yorkshire Bank PLC
		94-96 Briggate
		Leeds
		LS1 6NP
INVESTMENT FUND MANAGERS:		Brewin Dolphin Securities Limited P0Box512
		National House
		36StAnn Street
		Manchester, M60 2EP
INDEPENDENT	EXAMINER:	Daniel Brownhill FCA, FMAAT
		Integra Advisers LLP
		1 Westleigh Hall
		Wakefield Road
		Denby Dale
		Huddersfield
		HD8 8QJ

		Notes	Unrestricted Funds	Restricted Funds	Total	Total
					2020	2019
INCOME:
Donations and legacies Other trading activities Investments Other —JRSgrant			19,049 9,783 25,156 13,776		19,049 9,783 25,156 13,776	95,600 33,299 30,991
TOTAL INCOME			67,764		67,764	159,890
EXPENDITURE:
Cost of raising funds Charitable activities Other		5 7 10	63,329 128,298	(30)	63,329 128,268	42,435 31,453 110
TOTAL EXPENDITURE			191,627	(30)	191,597	73,998
Net (expenditure)/income	and
Net movement in funds before gains and losses in investments			(123,863)	30	(123,833)	85,892
Net gains on investments			16,833		16,833	44,745
Net (expenditure)/income and net Movement in funds for the year			(107,030)	30	(107,000)	130,637
Total funds brought forward			1,341,553	38,099	1,379,652	1,249,015
Total funds cardied forward			1,234,523	38,129	1,272,652	1,379,652

	Notes	Unrestricted	Ress'icted Funds	Total	Total
				2020	2019
FIXEDASSETS
Investments	11	1,500,318	46,767	1,547,085	1,539,266
CURRENT ASSETS
Debtors Cash at bank and in hand	12 13	266	19,696	266 19,696	1,215 80,554
Total current assets		266	19,696	19,962	81,769
CREDITORS Amounts
falling due within one year	14	(265,831)	(28,334)	(294,165)	(241,383)
NET CURRENT LIABILITIES		(265,565)	(8,638)	(274,203)	(159,614)
NET ASSETSLESSCURRENT
LIABILITIES		1,234,753	38,129	1,272,882	1,379,652
CREDITORS Amounts
falling due after one year	15	(230)		(230)
NET ASSETS		1,234,523	38,129	1,272,652	1,379,652
The funds ofthe charity:
Restricted income funds Unrestricted income funds	17	1,234,523	38,129	38,129 1,234,523	38,099 1,341,553
		1,234,523	38,129	1,272,652	1,379,652

3.	OTHER TRADING ACTIVITIES	OTHER TRADING ACTIVITIES	OTHER TRADING ACTIVITIES	OTHER TRADING ACTIVITIES	OTHER TRADING ACTIVITIES
						Unrestricted	Restricted	Total	Total
						Funds	Funds	Funds	Funds
								2020	2019
									6
	Dinner dance		income			8,795		8,795	20,549
	Fund raising events					988		988	12,750
						9,783		9,783	33,299
4.	INVESTMENT
						Unrestricted	Restricted	Total	Total
						Funds	Funds	Funds	Funds
								2020	2019
								6	E
	Investment	income				25,152		25,152	30,987
	Bank interest					4		4	4
						25,156		25,156	30,991
5.	COSTS OF	GENERATING
	VOLUNTARY		INCOME
						Unrestricted	Restricted	Total	Total
						Funds	Funds	Funds	Funds
								2020	2019
								6
	Dinner dance costs					6,920		6,920	7,308
	Advertising					6,160		6,160	6,704
	Fundraising	events				818		818	2,275
	Fundraising	consultancy				10,454		10,454
	Collection boxes								13
	Website &e-mail			costs		300		300	190
	Rent Staffcosts					2,795 23,986		2,795 23,986	2,795 10,807
	Travel costs					384		384	590
	Newsletter costs					1,590		1,590	104
	Postage, printing			and stationery		88		88	120
	Subscriptions								120
	Telephone					355		355	240
	Investment management				fees (note 6)	9,124		9,124	10,953
	Sundry					139		139
	Just giving fees					216		216	216
						63,329		63,329	42,435

INVESTMENT COSTS	MA	NAGEMENT
			Unrestricted	Restricted		Total	Total
			Funds		Funds	Funds	Funds
						2020 f	2019 f
Brewin Dolphin	fees		9,124			9,124	10,953
CHARITABLE ACTIVITIES
			Unrestricted		Restncted	Total	Total
			Funds		Funds	Funds	Funds
						2020 F	2019 f
Staff costs Stationery, printing Rent Grants Governance costs		and postage (note 9)	23,986 88 2,795 88,511 12,918		(30)	23,986 88 2,795 88,481 12,918	10,807 120 2,795 3,939 13,792
			128,298		(30)	128,268	31,453
GRANTS AWARDED TO INDIVIDUALS
Grants awarded	in	the year charged to the	Statement ofFinancial		Activities	included:
			Unrestricted		Restricted	Total	Total
			Funds		Funds	Funds	Funds
						2020	2019
					f
Dr Macdonald							3,939
Dr Daga Dr Kassianides			77,020 5,525			77,020 5,525
Dr Lewington Dr Fitzpatrick Dr Hewitt			9,731 (3,362)		(30)	9,731 (30) (3,362)
Dr Baker			(403)			(403)
			88,511		(30)	88,481	3,939

			Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
					2020	2019
					8	E
Staff costs Postage, stationery		and printing	7,809 30		7,809 30	3,519 39
Insurance			270		270	943
Rent			910		910	910
Computer costs			70		70	300
Independent	examination		3,540		3,540	3,720
Payroll costs			248		248
Recruitment costs Credit card charges			28		28	4,320 28
Filing fee			13		13	13
			12,918		12,918	13,792

		Unrestricted	Restricted	Total	Total
		Funds	Funds	Funds	Funds
				2020	2019
				5	5
Software	licences				110
					110

INVESTMENTS Quoted investments		2020	2019 F
Market value at 1 October 2019		1,509,593	1,448,374
Less: Disposals at opening book cost Add: Acquisitions at cost Net gain on revaluation at 30September 2020		(397,174) 363,152 22,493	(394,530) 401,082 54,667
Nlarket value at 30 September 2020		1,498,064	1,509,593
Cash held in investment portfolio		49,021	29,673
Total investments at 30September 2020		1,547,085	1,539,266
Historical cost at 30 September 2020		1,289,007	1,378,799
Investments are analysed as follows:	2020		2019
Market		%ofTotal Market	%ofTotal
value		value
E
Absolute Return Asia Pacific Equities Emerging Markets Equities UK Equities European Equities Global Investments Japanese Equities Property UK Bonds N American Equities COIF Cash 100,772 79,575 18,987 390,449 51,103 93,101 41,806 25,122 190,574 334,768 171,807 49,021		651% 514% 1.23% 25.24% 3.30% 6.02% 2.70% 1 62% 12.32% 21 64% 11.11% 317% 101,867 66,796 17,232 415,499 26,398 95,238 42,054 54,321 232,374 297,136 160,678 29,673	6.62% 4.34% 1.12% 2699% 1.72% 6.19% 273% 3.53% 1510% 19.30% 10 44'I 1,92%
SUBTOTAL 1,547,085		100.00% 1,593,266	100.00%

at 30Sep
		2020
	Market		%ofTotal
	value
	E
COLA COIF Charities Investment Account Vanguard Funds S&P500 Ucits ER UDS Dis Maitland Instl Svc Ml Select Mngr UK Eqty Inc Maitland Instl Svc Ml Select Mngrs Nth Amer EQ	171,806 82,569 86,911 128,048		11.11% 534% 561% 828%

12.	DEBTORS
				2020	2019
				6
	Prepayments	and accrued income		266	1,215
				266	1,215
13.	CASH AT BANK
				2020	2019
				6	6
	Current Accounts Deposit Accounts Petty cash			18,807 883 6	79,672 879 3
				19,696	80,554
14.	CREDITORS	—Amounts	falling due within one year
				2020	2019
				L
	Trade creditors Other creditors Grants committed Other taxation and social security Accruals and deferred income			7,220 19,594 259,050 2,650 5,650	19,794 215,040 6,549
				294, 164	241,383
15.	CREDITORS -Amounts		falling due after more than one year
				2020	2019
				F
	Grants committed			230
				230

		Balance	Income	Expenditure	Gain/(loss)	Balance
		01/01/19			on revaluation	30/09/20
Unrestricted	funds	1,341,553	67,764	(191,627)	16,833	1,234,523
		1,341,553	67,764	(191,627)	16,833	1,234,523
		Balance 01/01/1 8	Income	Expenditure	Gain/(loss) on revaluation	Balance 30/09/1 9
Unrestricted	funds	1,210,916	159,890	(73,998)	44,745	1,341,553
		1,210,916	159,890	(73,998)	44,745	1,341,553

The income includes restricted f	unds as reported in the	Statement o	f Financial Activitie	s as follows:
	Balance at	Income	Expenditure	Balance at
	01/10/19			30/09/20
	f			F
Icebirg Project Legacy —Mary Strang	29,081 9,018		(30)	29,111 9,018
	38,099		(30)	38,129
	Balance at	Income	Expenditure	Balance at
	01/10/18			30/09/19
	6			6
Icebirg Project Legacy- Mary Strang	29,081 9,018			29,081 9,018
	38,099			38,099

	Total			Costs of	Charitable	Basis of
	Allocated	Governance		raising funds	activities	Apportionment
Cost type
Staff costs Rent Postage and stationery	55,781 6,500 205		7,809 910 29	23,986 2,795 88	23,986 2,795 88	14:43:43% 14'43'43% 14:43:43%
	62,486		8,748	26,869	26,869
ANALYSIS OF NET ASSETS BETWEEN FUNDS
			Restricted	Unrestricted	2020	2019
			Funds	Funds	Total	Total
			E		E
Fixed asset investments Current assets Current liabilities Long term liabilities			46,767 19,696 (28,334)	1,500,318 266 (265,831) (230)	1,547,085 19,962 (294,165) (230)	1,539,266 81,769 (241,383)
Net assets as at 30September 2020			38,129	1,234,523	1,272,652	1,379,652
			Unrestricted	Restricted	2019	2018
			Funds	Funds	Total	Total
			E	E		E
Fixed asset investments Current assets Current liabilities			1,539,266 10,586 (208,299)	71,183 (33,084)	1,539,266 81,769 (241,383)	1,474,961 109,993 (335,939)
Net assets as at 30September 2019			1,341,553	38,099	1,379,652	1,249,015

STAFF COSTS
	2020	2019
		6
Wages and salaries Social security costs Pension costs	52,228 2,160 1,393	23,160 1,618 355
	55,781	25,133