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