2022-03-31-accounts

	Page
Referenceand Administration Details	3
Trustees Report	4-7
Independent Examiners' Report	8-9
Statement of Financial Activities	10
Balance Sheet	11
Statement of Cash Flows	12
Notes to the Financial Statements	13 - 17

		2022	2021
	Notes
		£	£
Income from:
Donations		1,461	253
Grants	2	162,655	831,658
Legacies		27,776	6,808
Total Income		191,892	838,719
Expenditure on:
Charitable activities	3	(147,986)	(815,261)
Total expenditure		(147,986)	(815,261)
Net income for the year		43,906	23,458
Total unrestricted funds brought forward		237,401	213,943
Total of unrestricted funds carried forward		281,307	237,401

	Notes	2022	2021
		£	£
Current Assets
Debtors and prepayments	6	893,031	831,658
Cash at bank		723,027	1,172,280
		1,616,058	2,003,938
Creditors
Research grants duewithin 1 year	7	(1,315,025)	(1,761,857)
Sundrycreditors and accruals		(19,726)	(4,680)
		(1,334,751)	(1,766,537)
Net Assets		281,307	237,401
Unrestricted Funds	8	281,307	237,401

	2022	2021
	£	£
Cash flows from operating activities
Net cash (used in)/provided by operating activities	(449,253)	432,192
Change in cash and cash equivalents in reporting period	(449,253)	432,192
Bank cash and cash equivalents at the beginning of the reporting
period	1,172,280	740,088
Total cash and short term deposits at the beginning of the
reporting period	1,172,280	740,088
Bank cash and cash equivalents at the end of the reporting
period	723,027	1,172,280
Net income for the reporting period	43,906	23,458
Adjustments for:
(lncrease)/decrease in debtors	(61,373)	348,714
(Decrease)/increase in creditors	(431_786)	60,020
Net cash (used in)/provided by operating activities	(449,253)	432,192

Analysis of changes in net funds	1 April 2021	Cashflow	31 March 2022
Cash at bank and in hand	1,172,280	449,253	723,027

2	Grants	2022	2021
		£	£
	Grant from theAlzheimer's Society	432,628	415,829
	Grant from theAlzheimer's Research UK	432,627	415,829
		865,255	831,658
	less amount no longer required	(702,600)
		162,655	831,658

3	Charitable Activities	2022	2021
		£	£
	Research Grants:
	University of Bristol	128,605	123,079
	University of Cardiff	59,657	58,600
	King's College London	167,276	155,340
	University of Manchester	107,159	104,133
	University of Newcastle	120,821	116,694
	University of Newcastle (Co-ordinating Centre)	105,682	103,357
	University of Oxford	136,055	130,455
		825,255	791,658
	Amount no longer required	(702,600)
		122,655	791,658
	Staffcosts (note 4)	21,377	18,849
	Associated support costs (note 5)	3,954	4,754
		147,986	815,261
4	Staff Costs	2022	2021
		£	£
	Gross wages and salaries	18,433	16,338
	Employer's National insurance	1,921	1,642
	Pension contributions	1,023	869
		21,377	18,849

5	Support Costs	2022	2021
		£	£
	External examination fees	3,900	4,680
	Otherexpenses	54	74
		3,954	4,754

6	Debtors	2022	2021
		£	£
	Amount owed by related parties duewithin oneyear:
	Alzheimer's Society	432,628	415,829
	Alzheimer's Research UK	432,627	415,829
	Accrued income	27,776
		893,031	831,658
7	Creditors	2022	2021
	Amounts falling due within one year	£	£
	Research grants	1,315,025	1,761,857
	Accruals	19,726	4,680
		1,334,751	1,766,537
	Research grants creditors payable
	Withinoneyear	1,315,025	1,761,857
		1,315,025	1,761,857
	Reconciliation of Research grants commitments
	Balance brought forward	1,761,857	1,696,597
	Newcommitments entered into	825,255	791,658
	Commitments no longerrequired	(702,600)
	Amounts spent intheyear	(569,487)	(726,398)
		1,315,025	1,761,857
8	Movement in Funds	2022	2021
		£	£
		Unrestricted	Unrestricted
		Fund	Fund
	Balance bought forward as at 1stApril	237,401	213,943
	Net incoming resources fortheyear	43,906	23,458
	Balance carriedforward	281,307	237,401