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||||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|
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|||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|
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||||||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.||||||
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|||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|
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|||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|||||
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||||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||
##
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|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||
##
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##
|||||||||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|
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||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||
##
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||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||
##
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##
||||||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|
##
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##
|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.|
##
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##
|||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|
##
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##
##
|||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.||||
##
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##
|||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|
##
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##
|||||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||
##
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##
##
||||||||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|
##
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##
|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)|
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