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2021-12-31-accounts

Page
Reference and Administrative
Details
Report ofthe Trustees 2 to 4
Independent
Examiner's		 Report
Statement
of Financial		 Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow Statement
Notes to the Financial Statements 10to 15
Detailed Statement
of Financial Activities		 16
TRUSTEES J P Moulton
SEverett
SJ Moulton
COMPANY SECRETARY S Everett
REGISTERED OFFICE 10Buckingham Street
London
WC2N 6DF
REGISTERED COMPANY NUMBER 05311748(England and Wales)
REGISTERED CHARITY NUMBER 1109891
INDEPENDENT EXAMINER Amicus Accountancy Ltd
Chartered
Certified Accountants
The Stables
Goblands
Farm		 Business Centre
Cemetery
Lane
Hadlow
Kent
TN11 OLT
BANKERS Coutts &Co
440 Strand
London
WC2R OQS
CHIEF EXECUTIVE OFFICER J P Moulton

2021 2020
Unrestricted Unrestricted
fund fund
Notes 6
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 149,525 1,019,399
Royalties received 27,536
Investment
income		 61 1,555
Total 177,122 1,020,954
EXPENDITURE ON
Charitable
activities
Grants payable 469,645 1,325,190
NET (EXPENDITURE) I INCOME (292,523) (304,236)
RECONCILIATION OF FUNDS
Total funds brought forward 845,543 1,149,779
TOTAL FUNDS CARRIED FORWARD 553,020 845,543

2021 2020
Unrestricted Unrestricted
fund fund
Notes 6
CURRENT ASSETS
Debtors 8,751 19,407
Cash at bank 553,029 930,331
561,780 949,738
CREDITORS
Amounts falling due within one year 12 (8,760) (104,195)
NET CURRENT ASSETS 553,020 845,543
TOTAL ASSETSLESSCURRENT LIABILITIES 553,020 845,543
NET ASSETS 553,020 845,543
FUNDS 13
Unrestncted
funds:
General fund 553,020 845,543
TOTAL FUNDS 553,020 845,543

Notes 2021
f		 2020f
Cash flows from operating activities:
Cash (used in) Igenerated from operations 1 ~377363 ~237 636
Cash flows from investing activities:
Interest received 61 1,555
Net cash provided
by investing		 activities 61 1555
Change
in cash and cash		 equivalents in the reporting period (377,302) (236,335)
Cash and cash equivalents at the beginning ofthe reporting
period 930,331 1,166666
Cash and cash equivalents at the end ofthe reporting period 553,029 930,331

2021 2020
E 6
Net expenditure
for the reporting		 period (as per the
statement
offinancial		 activities) (292,523) (304,236)
Adjustments
for:
Interest received (61) (1,555)
Decrease
in debtors
(Decrease)
/ increase		 in creditors 10,656
~95,435		 9,409
58,492
Net cash used in operating
activities		 ~377363 .j3333589988

6. GRANTS PAY ABLE
2021f 2020
6
Grants payable 460,446 1~314026
GRANTS PAYABLE - INSTITUTIONAL
2021 2020
6
Great Ormond
Street Hospital		 100,000 12,933
Imperial
College
I ondon		 583,484
University of Cambridge 94,073
University ofManchester 34,868 213,479
University of Sheffield 50,209
King's College London 30,908
Institute of Cancer Research 5,289 81,151
Royal Papworth
Hospital		 NHS Foundation
Trust		 89,077 10,000
Newcastle University 40,000
Scar Free Foundation 30,000
University College London 278,906
Exeter University 97,911
Prostate Cancer UK 22,184
Total grant payments 460,446 1 314,020
All grants payabls ars for medical research projects.
7. SUPPORT COSTS
Governance
Other costs Totals
8 8 6
Grants payabls 367 8,832 9,199
Support costs, included in the above, are as follows:
Other
2021 2020
Grants Total
payable activities
8 6
Bank charges 367
Travelling 73
367 73
Governance costs
2021 2020
Grants Total
payable activities
6 8
Independent
Examiner's		 fees 3,960
Auditors' remuneration 6,000
Accountancy
and taxation		 4,872 5,091
8,832 11,091

2021f 2020
8
Auditor'a
remuneration		 6,000
Independent Examiner'a fee 3,960
Accountancy and taxation services ~4872 ~5091

11.DEBTORS: AMOUNTS AMOUNTS FALLING FALLING FALLING DUE WITHIN ONE YEAR DUE WITHIN ONE YEAR
2021 2020
E
Other debtors 8,751 ~19407
~8751 19,407
12.CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
6 E
Grants payable 94,073
Accruals and deferred income ~8760 10,122
8,760 104,195
t3.MOVEMENT IN FUNDS
Net movement
At 1/1/21
f		 in funds At 31/12/21
6
Unrestricted funds
General fund 845,543 ~292 523) ~553020
TOTAL FUNDS ~845 543 ~292 523) 553,020
Net movement in funds, included in the above, are as follows:
Incoming Resources Movement
In
resources
8		 expendedf funds
Unrestricted funds
General fund 177,122 ~469 645) ~292,523)
TOTAL FUNDS ~177122 ~469,645) ~292,523)
Comparatives for movement In funds
Net movement
At 1/1/20 In funds At 31/12/20
6
Unrestricted funds
General fund ~1149779 ~304236) ~845 543
TOTAL FUNDS 1,149,779 ~304236) 845,543
Nei movement in funds, included in the above, are as follows:
Incoming Resources Movement
In
resources expended funds
8 6 6
Unrestricted funds
General fund 1,020,954 ~1,325 190) ~304236)
TOTAL FUNDS ~1020,954 ~1,325,190) ~304,236)

Total Total
2021f 2020f
At 31 December 2021 the charity had commitments as follows:
Commitments in respect ofgrants approved for projects which have not
been accrued in the financial statements but which will form part ofgrants
payable
in future periods:
Within one year 1,245,848 1,374,162
Between one and two years 251,099 433,240
Between two and three years 151,099
1,496941 1 999 6111

2021 2020
6
INCOME AND ENDOWMENTS
Donations
and legacies
Donations 149,525 1,019,399
Royalties received
Royalties received 27,536
Investment
income
Interest receivable 61 1,555
Total incoming
resources		 177,122 1,020,954
EXPENDITURE
Charitable
activities
Grant review fess
Grants to institutions 460,446 1,314,026
DonaUons
payabls
460,446 1,314,026
Support costs
Other
Bank Charges 367
Travel costs 73
367 73
Governance costs
Auditors'
remuneration		 6,000
Accountancy
and taxation		 8,832 5 091
8832 11.091
Total resources expended 469,645 1,325,190
Net fexpenditure)/ Income ~292 523 ~303.235