2020-12-31-accounts

Trustees		Dr LRAdams
		Dr C Boyle
		Dr M KDeol
		Dr K Downie
		Dr C G P Holden
		Dr PC Howlett
		DrS Hughes
		DrSG Jones
		DrYLoo
		Dr D P Pearson
		DrSShah
		Dr Z Shehabi
		Mrs E KLee
		Dr M Majithia
Secrehsry		Dr M K Deol
Treasurer		Dr K Downie
Charity number		1107420
Company number		05314579
Principal address		21 Portland Place
		London
		W1B1PY
Registered	office	21 Portland Place
		London
		W1B1PY
Independent	examiner	Silver Levene LLP
		Chartered Certwed Accountants
		37Warren Street
		London
		W1T6AD

			Page
Trustees' report			1-2
Independent examiner's		report
Statement offinancial	activities
Balance sheet
Statement ofcash flows
Notes to the financial	statements		7-15

			Unrestricted	Restricted	Total	Total
		Notes	funds K	funds	2020f	2019
Subscriptions			53,517		53,517	54,853
Charitable activities			144,559	2,240	146,799	511,876
Investments			20,180		20,180	25,431
Other income			20		20	20
Total income			218,276	2,240	220,516	592,180
Charitable actMties			193,025	31,716	224,741	428,422
		12	3,278		3,278	4,908
Total resources expended			196,303	31,716	228,019	433,330
Net gains/(losses) on investments		13	(84,521)		(84,521)	69,503
Net movement	in funds		(62,548)	(29,476)	(92,024)	228,353
Fund balances at 1 January 2020			817,028	102,896	919,924	691,571
Fund balances	at 31December 2020		754,480	73,420	827,900	919,924

				2020		2019
			Notes	E		R
Gash flows from operating		activities
Cash (absorbed by)/generated operations		from	20		(28,276)		119,886
Investing activities
Purchase oftangible fixed	assets					(4,503)
Interest received				20,180		25,431
Net cash generated from activities	investing				20,180		20,928
Net cash used in financing		activities
Net (decrease)/increase equivalents	In	cash and	cash		(8,096)		140,814
Cash and cash equivalents	at beginning		ofyear		504,322		363,508
Gash and cash equivalents		at end of	year		496,227		504,322

			Unrestricted	Unrestricted
			funds	funds
			2020	2019
	Membership fees		53,517	54,853
4	Charitable	Income
			2020	2010
			f	f
	Courses and conferences		142,929	393,408
	Leaflets and publications		1,630	22
	IHS loan scheme			9,000
	Evaluation	fee	2,240	109,446
			146,799	511,876
	Analysis	by fund
	Unresbicted funds		144,559	402,430
	Restricted	funds	2,240	109,446
			146,799	511,876

		Unrestricted	Unrestricted
		funds	funds
		2020	2019
		R
Income	from listed investments	19,739	24,429
Interest	receivable	441	1,002
		20,180	25,431

Other	income
		Unrestricted	Unrestricted
		funds	funds
		2020	2019
Other	income	20	20

Charitable a	ctivities
		Resources	Governance	Total	Total
		Expended f	Costs f	2020f	2019f
Depreciation	and impairment	3,259		3,259	4,099
Courses and	conferences	60,001		60,001	221,563
Leaflets and	publications	25,400		25,400	23,799
Prizes		2,250		2,250	970
IHS loan scheme					4,728
Evaluation expense		31,716		31,716	39,575
		122,626		122,626	294,734
Grant funding	ofactivities (see note 8)	27,991		27,991	3,530
Management	costs		71,444	71,444	127,278
Governance	costs		2,680	2,680	2,880
		150,617	74,124	224,741	428,422
Analysis by	fund
Unrestricted	funds	118,901	74,124	193,025
Restricted funds		31,716		31,716
		150,617	74,124	224,741
For the year	ended 31December 2019
Unrestricted	funds	258,689	130,158		388,847
Restricted funds		39,575			39,575
		298,264	130,158		428,422

Support costs
	Support	Governance	2020	Support	Governance	2019
	costs	costs		costs	costs
	R		R
Management and administration	71,444		71,444	127,278		127,278
Accountancy		2,680	2,680		2,880	2,880
	71,444	2,680	74,124	127,278	2,880	130,158
Analysed between
Charitable activities	71,444	2,680	74,124	127,278	2,880	130,158

	The avera	ge monthly number ofemployees during	the year was:
			2020	2019
			Number	Number
	Total
12	Other
			2020	2019
	Financing	costs	3,278	4,908

Net gains/(l	osses) on investments
		Unrestricted	Unrestricted
		funds	funds
		2020	2019
		R
Revaluation	ofinvestments	(84,521)	69,503

Tangible fixed assets
		Fixtures, flNnga a equipment
		R
Cost
At 1 January 2020		68,271
At 31December 2020		68,271
Oepreciatlon and impairment
At 1 January 2020		46,543
Depreciation charged	in the year	3,259
At 31 December 2020		49,802
Carrying amount At 31December 2020		18,469
At 31 December 2019		21,729

Fixed asset inves	tments
				Other
				investments
Cost orvaluation
At 31 December 2020				490,507
Valuation changes				(84,521)
At 31December 2020				405,986
Carrying amount
At 31December 2020				405,986
At 31 December 2019				490,507
			2020	2019
Other investments	comprise:	Notes	R
M &G Investments			405,986	490,507

16	Debtors
							2020	2019
	Amounts falling due	within	one year.				R
	Prepayments and accrued income						875
17	Creditors: amounts	falling due within		one year
							2020	2019
							R
	Acciuals and deferred	income					6,922
18	Analysis ofnet assets between funds
		Unrestricted		Restricted	Total	Unrestricted	Restricted	Total
			funds	funds		funds	funds
			2020	2020	2020	2019	2019	2019
			R		R			E
	Fund balances at 31
	December 2020are
	represented by:
	Tangible assets		18,469		18,469	21,729		21,729
	investments		405,986		405,986	490,507		490,507
	Current assets/
	(liabilities)		416,760	73,420	490,180	401,426	102,896	504,322
	Provisions and
	defened income		(86,735)		(86,735)	(96,634)		(96,634)
			754,480	73,420	827,900	817,028	102,896	919,924

There were no disdosabie related party transactions during the year (201	There were no disdosabie related party transactions during the year (201	9 - none).
Cash generated from operations			2019
(Deficit)/surpus for the year		(92,024)	228,353
Adjustments for:
investment income recognised	in statement offinancial activities	(20,180)	(25,431)
Fair value gains and losses on investments Depreciation and impairment oftangible fixed assets		84,521 3,259	(69,503) 4,099
Movements in working capital:
(Increase) in debtors		(875)
Increase in creditors		6,922
(Decrease) in deferred income		(9,899)	(17,632)
Gash (absorbed by)/generated	from operations	(28,276)	119,886