2021-03-31-accounts

			Page
Reference snd administrative details ofthe Charity, its Trustees and advisers
Trustees' report			2-9
Independent	auditors' report on the financial statements		10-13
Consolidated	statement offinancial activities		14
Consolidated	income and expenditure	account	15
Consolidated	balance sheet		16-17
Charity balance sheet			18-19
Consolidated	statement ofcash flows		20
Notes tothe	financial statements		21 - 36

		Unrestricted	Total	Total
		funds	funds	funds
		2021	2021	2020
	Note	2	2
Income from:
Other trading activities		820,555	820,555	589,130
Investments		162,2$2	162,292	162,472
Total income		982,847	982,847	751,602
Expenditure on:
Raising funds	5,6	273,61$	273,619	301,327
Charitable actMties	8	661,957	661,957	806,427
Total expenditure		935,576	935,576	907,754
Net gains/(losses) on investments		715,497	715,497	(434,396)
Net movement In funds		762,768	762,768	(590,548)
Reconciliation offunds:
Total funds brought forward		4,392,143	4,392,143	4,982,691
Net movement in funds		762,768	762,768	(590,548)
Total funds carried forward		5,154,911	5,154,911	4,392,143

					Total funds	Total funds
				Note	2021 2	2020f
Income					982,847	751,602
(Losses)/gains on investments					715,497	(434,396)
Gross Income In the reporting		period			1,698,344	317,206
Less: Total expenditure					(935,576)	(907,754)
Net Income/(expenditure)	for	the reporting	period		762,768	(590,546)
The notes on pages 21 to	36form part ofthese financial statements.

		CONSOLIDATED	BALANCE SHEET
		AS AT 31	MARCH 2021
			2021
		Note	2
Fixed assets
Investments		14	4,359,490		3,495,023
			4,359,490		3,495,023
Current assets
Debtors		15	573,320	361,196
Cash at bank and in hand			1,195,535	1,062,263
			1,768,855	1,423,459
Creditors: amounts	falling due within	one
year		16	(654,057)	(422803)
Net current assets			1,114,798		1,000,856
Total assets less current Ilabgltles			5,474~		4,495,679
Creditors: amounts	falling due after	more
than one year		17	(319,377)		(103,536)
Total net assets			5,154,911		4,392,143
Charity funds
Restricted funds		19
Unrestricted funds		19	5,154,911		4,392,143
Totalfunds			5,154,911		4,392,143

		FOR TH	E YEAR ENDED 31 MARCH 202	1
				2021	2020
				2
Cash flows from operating		activities
Net cash	used in operating	activities		120,465	(802,819)
Cash flows from investing		activities
Dividends,	interests and rents from investments			162,292	162,472
Proceeds	from sale of investments			11,922	11,606
Purchase	of investments			(161,407)	(156,912)
Net cash	provided by Investing activities			12,807	17,166
Change in cash and cash		equivalents In	the year	133,272	(785,653)
Cash and	cash equivalents	at the beginning	ofthe year	1,062~	1,847,916
Cash and	cash equivalents	at the end of	the year	1,195i535	1,062,283
The notes	on pages 21 to 36form part ofthese financial statements

			Unrestricted	Total	Total
			funds	funds	funds
			2021	2021	2020
			2	8
	Trading income		820,555	820,555	589,130
	Total 2020		589,130	589,130
4.	Investment	income
			Unrestricted	Total	Total
			funds	funds	funds
			2021 2	2021 2	2020f
	Income from	fixed asset investments	161,407	161,407	160,797
	Interest receivable		885	885	1,675
			162,292	162,292	182,472
	Total2020		162,472	162,472

Other trading	expenses
		Unrestricted	Total	Total
		funds	funds	funds
		2021 2	2021 2	2020f
Administration	expenses	117,412	117,412	204,379
Administration	staff costs	143,377	143&377	84, 124
		260,769	260,789	288,503
Total2020		288,503	288,503

6.	Investment	management	costs
				Unrestdcted	Total	Total
				funds	funds	liunds
				2021 2	2021 2	2020 f
	Investment	management	costs	12,830	12,830	12,824
	Total 2020			12,824	12,824

								Grants to	Grants to	Grants to	Total	Total
						Institutions					funds	funds
									2021 6		2021 2	2020f
Research								485,154			485,154	323,072
Total 2020								323,072			323,072
The Group has made the following material grants		to	institutions				during		the year:
											2021	2020
											2
Name of Institution
University College London - Unravelling	the Mechanism			of Carbon
Monoxide Toxicity												40,000
National Poisons Information Service -	The Impact	ofCO on the					Human
Brain												56,100
Sheffield University -The Impact of CO on the Human				Brain								51,541
Imperial College - Pilot Study: determining biological			effects		of low-level
exposure, developing novel biomarkers	and therapies			in in vivo		animal
models ofCO toxicity - supplement
University of Newcastle - Identification	of Protein Markers in				Peripheral
Blood Lymphocytes Following Carbon Monoxide Exposure												72,224
StGeorges Hospital - Screening for CO Exposure		in	Emergency
Departments (Neurological Clinics)												56,361
Aintree Universtiy Hospital - Measuring	exhaled carbon			monoxide							7,861
Liverpool John Moores University- Corbon monoxide			and the Belisama
Ecotherapy Community											4,188
Liverpool John Moores University -Carbon monoxide			and the Irish Traveller
Community											7,993
University of Herefordshire - Evaluation	of Chromodynamic				Pupillometry					as
a sensitive indicator of carbon monoxide exposure.											283,296
Improving performance in practice - Identifying and women from CO exposure		protecting pregnant									62,294
University College London - Carbon monoxide toxicity:				Developing				a neuro
protective strategy to improve treatment	outcomes										105,923
Queen Mary University of London											9,841
Sheffield Hafiam University											9,972
Liverpool John Moores University - Grant not used											(6,214)
											485,154	323,072

	Unrestricted	Total	Total
	funds	funds	funds
	2021 2	2021 2	2020f
CO Research	661,957	661,957	806,427
Total 2020	606,427	606,427

	Activities	Grant
	undertaken	funding of	Supporl	Total	Total
	directly	acthrlties	cos'ts	funds	funds
	2021	2021	2021	2021	2020
	2	2	2	2
CO Research	143,453	485,154	33,350	661,&7	606,427
Total 2020	203,187	323,072	80,168	606,427

	CO	Total	Total
	Research	funds	funds
	2021 2	2021 2	2020f
PR & marketing	55,393	55,393	22,791
Travel &subsistence	808	808	4,406
Electralink - Support services			160,988
Other expenses	19,380	19,380	15,000
Other projects - Solid fuel review	9,910	9,910
Other projects - Research output review	29,100	29,100
Management fees	28,862	28462
	143,453	143,453	203,167
Total2020	203,187	203,187

	Promoting	Total	Total
	gas srdety	funds	funds
	2021	2021	2020
	2	2
Travel &subsistence	1,886	1,886	10,285
Other expenses	9,685	9,885	1,413
Office costs	91	91	302
Legal 8 professional	18,088	18,088	17,741
Electralink and ENA - Support services			40,247
Audit and Accountancy	3,600	3,600	10,180
	33,350	33~	80,168
Total 2020	80,168	80,168

					2021f
Fees payable	to the Charity's	auditor	for the audit ofthe Charity's	annual
accounts					3,600	6,000
Fees payable	to the Charity's	auditor	in respect of:
All non-audit	services not included above					11,180

Staffcosts		FOR T	HE YEA	R ENDED 31 MARCH	2021
				Group	Group	Charity	Chanfy
				2021 f	2020 f	2021 2	2020
Wages and	salaries			125,774	72,146	49,417
Social securiiy costs				9,012	7,588	3,426
Contribution	to defined contribution		pension
schemes				8,591	4,410	3,969
				143,377	84,124	56,812
The average	number	of persons employed		by the Charity during the year was as follows:
				Group 2021	Gmup 2020	Charity 2021	Chadfy 2020
				No.	No.	No.	No.

		NOTES TO THE FINANCIAL STATEMENTS
		FOR THE YEAR ENDED 31 MARCH 2021
14.	Fixed asset Investments
			Other fixed
			asset
			Investments
	Group		2
	Cost orvaluation
	At 1 April 2020		3,495,023
	Additions		161,407
	Disposats		(9,658)
	Revaluations		712,718
	At 31 March 2021		4,369,490
	Net book value
	At 31 March 2021		4,359390
	At31March 2020		3,495,023

		Investments
		in	Other fixed
		subsidiary companies	asset Investments	Total
Charity		2	2	2
Cost orvaluation
At 1 April 2020		727,794	3,495,023	4,222/17
Additions			161,407	161,407
Disposals			(9,658)	(9,656)
Revaluations			712,718	712,718
At 31 March 2021		727,794	4,359390	5,087,284
Impairment
At 1 April 2020		162,255		162,255
At 31 March 2021		162,255		162,255
Net book value
At 31 March 2021		585,Sm	4,359,490	4,925am
At3t March 2020		565,539	3,495,023	4,060,562
Qsfaits ofsubsidiary	undertakings
All entities have a year	end of31st March.

		Group 2021f	Group 2020f	Charity 2021 2	Charity 2020f
Due after more than one year
Trade debtors			7,650
Prepayments	and accrued income		59,977
			67,627
Due within one year
Trade debtors		324,523	179,981
Amounts owed by group undertakings				613,723	411,519
Other debtors			3,750		3,750
Prepayments	and accrued income	248,797	109,858	44,564	44,995
		573,320	361,196	658,287	46D,284

	Group	Group	Charity	Charity
	2021f	2020f	2021f	2020f
Trade creditors	98,$32	48,103	78,581	33,702
Other taxation and social security	80,279	26,190	1,677	7,4D7
Other creditors	7$8	1,384	498	35
Accruals and deferred income	474,048	347,126	438,491	318,888
	654,057	422,803	519,247	360,030

				Group	Group	Charity	Charity
				2021 f	2020	2021 2	2020 f
Accruals	and	deferred	income	319,377	103,536	319,377	103,536

				Group	Group	Charity	Charity
				2021 2	2020	2ml 2	2020 f
Financial		assets
Financial		assets measured	at fair value
through	income and expenditure			4,359,490	3,495,023	4,925,029	4,060,563
				Group	Group	Charity	Chanfy
				2021 2	2020 f	2021 2	2020 f
Rnandal		Ilablllths
Financial		liabilities measured	at amortised
cost				973,434	526,339	836,624	463,566

Items of income, expense,	gains orlosses
				Net gains
			Income	/(losses)
			2	2
2021
Financial assets measured	at fair value through	income
and expenditure			161,407	715,497
Financial assets measured	at amortised cost		885
2020
Financial assets measured	at fair value through	income
and expenditure			160,797	(434,396)
Financial assets measured	at amortised cost		1,675

							Btdsnce at
			Balance at 1			Gains/	31Mamh
			Aprs 2020	Income	Expendllure	(Losses)	2021
			2	2	2	2	2
Unrestricted	funds
Designated	funds
Designated	Funds		2,645,500
General funds
General Funds			1,746,643	982W7	(935476)	715,497	2~811
Total Unrestricted		funds	4,392,143	982,847	(935/76)	715,497	5,154/11
Statement offunds		- prior year
							Balance at
			Balance at			Gainer	31March
			1April 2019 2	Income	Expendituref	(Losses)	2020 2
Unrestricted	funds
Designated	funds
Designated	Funds		2,645,500				2,645,500
General funds
General Funds			2,337,191	751,602	(907,754)	(434,396)	1,746,643
Total Unrestrtcted		funds	4,962,691	751,602	(907,754)	(434,396)	4,392,143

FOR THE YEAR ENDED 31 Analysis ofnet assets between funds Analysis ofnet assets between funds - current year	MARCH 2021
	Unrestricted	Total
	funds	funds
	2021	2021
	2	2
Fixed asset investments	4,359,490	4r359,490
Current assets	1,768,855	1,7I4855
Creditors due within one year	(654,057)	(654457)
Creditors due in more than one year	(319,37T)	(319,377)
Total	5,154,911	5,154gf 1

Analysis ofnet assets between funds - prior year
	Unrestn'cted	Total
	funds	funds
	2020f	2020
Fixed asset investments	3,495,023	3,495,023
Debtors due after more than one year	67,627	87,827
Current assets	1,355,832	1,355,832
Creditors due within one year	(422,803)	(422,803)
Creditors due in more than one year	(103,536)	(103,536)
Tl	4,392,143	4,392,143

Reconciliation of	net movement In funds	net movement In funds	to net cash flow from operating	to net cash flow from operating	activities
					Group	Group
					2021	2020
					2
Net income/expenditure for the year (as per			Statement	of Financial Activities)	762,768	(590,548)
Adjustments for:
Gains/(losses) on investments					(714,982)	434,397
Dividends, interests	and rents	from investments			(162~)	(182,472)
Increase in debtors					(212,124)	(108,272)
Increase/(decrease)	in creditors				447,095	(377,924)
Net cash provided	by/(used	In) operating	activities		120,465	(802,819)