2021-12-31-accounts - Nppg Limited

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Reference and Administrative Details
Report ofthe Board
Independent Auditors'	Report
Statement of Financial	Activities
(Including Income and	Expenditure	Account)
Balance Sheet
Accounting Policies
Notes to the Financial	Statements
income and Expenditure Account

The Directors/Trus	tees who	served during the year are	listed below:
	31	December 2021	31 December 2020
Members:	Ms	Abigail R Mee	Ms Abigail R Mee
	Mr	Stephen R Tomlin	Mr Stephen R Tomlin
	Ms	Diana Mowbray	Ms Diana Mowbray
	Mr	Nigel Gooding	Mr Nigel Gooding

						UNRESTRICTED	UNRESTRICTED
					Note	2021	2020
						E	F
INCOME AND EXPENDITURE
INCOME:
Donations and legacies						137,017	145,993
Charitable activities						25,360	21,898
Investment income						10,756	10,872
TOTAL INCOME						173,133	178,763
EXPEND ITUR E:
Charitable activities:
Advancement of education	and	training	in
paediatric and neonatal	pharmacy					189,169	156,602
TOTAL EXPENDITURE						189,169	156,602
NET (EXPENDITURE)/INCOME						(16,036)	22,161
OTHER RECOGNISED GAINS		AND LOSSES:
Gain on revaluation of fixed asset investments						51,373	23,278
NET MOVEMENT IN FUNDS FOR THE			YEAR			35,337	45,439
Reconciliation of Funds
Fund Balance Brought Forward		at 1 January		2021		880,945	835,506
Fund Balance Carried Forward		at 31 December 2021				916,282	880,945

		2021	2020
	Note		F
FIXEDASSETS
Investments		698,840	646,717
CURRENT ASSETS
Debtors		99,370	115,112
Cash at bank		190,533	194,719
		289,903	309,831
LIABILITIES
Creditors falling due within one year		72,461	75,603
NET CURRENT ASSETS		217,442	234,228
NET ASSETS		918,282	880,945
THE FUNDS OF THE CHARITY:
Unrestricted Funds		916,282	880,945

5. ANALYSIS OF	CHARITABLE EXPENDITURE	2021	2020
Grants		24,285
Medicines for Children		20,000	30,000
POP study day Information officer	services	35,000	870 35,000
Membership liaison officer services		19,470	18,539
Post and stationery			308
Travelling expenses Technical literature		9,863	3,089 7,565
Administration and Insurance	clerical support	15,000 5,417	15,000 5,137
Audit		3,626	3,295
Accountancy		3,625	3,296
Sundry			1,580
Investment management costs		10,006	8,900
Loss from annual	conference	21,490	6,000
Position statement	officer	7,372	5,801
Education and training officer		12,087	12,088
Electronic committee voting system		523
PANG study day Bank charges		1,395 10	134
		189,169	156,602

7. FIXED A	SSE	T INVES	TMEN	TS
					Managed		Interest in
					Investment		Associated
					Portfolio		Undertaking	Total
						F	F	f.
COST OR VALUATION:
At 1 January	2021					646,715		646,717
Additions						10,756		10,756
Disposal Revaluation						(10,006) 51,373		(10,006) 51,373
At 31 December		2021				698,838		698,840
IMPAIRMENT:
At 1 January	2021 and 31 December 2021
CARRYING	AMOUNT:
At 31 December		2021				698,838		698,840
At 31 December		2020				646,715		646,717
Investments	at	fair value	within	the managed	investment	portfolio	comprise
							2021	2020
								F
Equities							413,153	343,994
Securities							159,469	200,842
Cash within	investment portfolio						11,756	7,345
Property within investment portfolio Alternative assets							22,845 91,615	21,708 72,826
							698,838	646,715

11. NET	M	OVEMENT	S IN FUNDS
						Gains
			At	Incoming	Outgoing	and	At
			01/01/2021	Resources	Resources	Losses	31/1 2/2021
			E	E	E	F
Unrestricted		Funds:
General	Fund		880,945	173,133	189,169	51,373	916,282

RCPCH Publications Limited:	Summary Results
		31/08/2021	31/08/2020
		F
Turnover		231,402	235,882
Cost of sales and administrative	expenses	~38,353	~39,152
Operating profit		193,049	196,730
Interest receivable		15	274
Net Profit		'I93,064	197,004
Charitable Trading Funds;
Balance at 1 September
Net profit		193,064	'I97,004
To be gifted to RCPCH for year ended 31 August		(96,532)	(98,502)
To be gifted to NPPG for year	ended 31 August	~96,532	~98,502
Balance at 31 August
Charity share:
Balance at 1 September
Balance at 31 August

						31/08/2021	31/08/2020
							E
Measured at fair	value	through	net income/expenditure:
Fixed asset listed investments (note 7)						698,838	646,715
Debit instruments	measured at		amortised	cost:
Other debtors		(note 8)				2,838	16,610
Amount	owed	by related undertakings			(note 8)	96,532	98,502
						99,370	115,112
Financial liabilities measured at amortised				cost:
Accruals	and	deferred	income (note 9)			48,176	75,603
Accrual	for grants payable (note			9)		24,285
						72,461	75,603

									2021			2020
INCOME
Member subscriptions								18,620			16,898
Corporate donation								35,485			42,490
Donation from RCPCH			Publications				Ltd	96,532			98,503
POP sponsorship								5,000			5,000
Annual conference	float										5,000
Income from managed			investment				portfolio	10,756			10,872
Income from SOCMO		study			day			4,740
Income from PANG	study			day				2,000
									173,133			178,763
EXPENDITURE
Grants								24,285
Medicines for Children								20,000			30,000
POP study day											870
Information officer services								35,000			35,000
Electronic committee		voting			system			523
Membership liaison	officer services							19,470			18,539
Post and stationery											308
Travelling expenses											3,089
Technical literature								9,863			7,565
Administration and	clerical support							15,000			15,000
Auditors' remuneration								7,251			6,591
Sundry											1,580
Investment management				fees				10,006			8,900
Insurance								5,417			5,137
Loss from annual conference								21,490			6,000
Position statement	officer							7,372			5,801
Education and training			officer					12,087			12,088
PANG study day								1,395
									189,159			156,468
									(16,026)			22,	295
Finance costs
Bank charges										10			134
NET (EXPENDITURE)/INCOME						FOR THE YEAR			(16,036)			22,	161