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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||||
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|DIRECTORS:|AR Mee||||||
|---|---|---|---|---|---|---|
||S R Tomlin||||||
||D Mowbray||||||
||N Gooding||||||
|SECRETARY:|Profile Productions|||Limited|||
|CHAIR:|N Gooding||||||
|VICE CHAIR:|N Christiansen||||||
|TREASURER:|D Mowbray||||||
|REGISTERED OFFICE:|69-75 Boston Manor Road||||||
||Brentford||||||
||Middlesex||||||
||TW8 9JJ||||||
|COMPANY NUMBER:|4620347||||||
|REGISTERED CHARITY NUMBER:|1117648||||||
|STATUTORY AUDITOR:|DonnellyBentley||Ltd||||
||Chartered|Accountants|||& Statutory|Auditor|
||Hazlemere||||||
||70 Chorley|New|Road||||
||Bolton||||||
||Lancashire||||||
||BL1 4BY||||||
|BANKERS:|HSBC|
|---|---|
||525 Prescot Road|
||Old Swan|
||Liverpool|
||L13 5UU|
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|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|
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|||||||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|
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|||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|
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|2. DONATIONS
AND LEGACIES|2. DONATIONS
AND LEGACIES|2. DONATIONS
AND LEGACIES||Total Funds|Total Funds|
|---|---|---|---|---|---|
|||||2021|2020|
|||||E|E|
|Donation
from RCPCH||Publications|Ltd (see note 12)|96,532|98,503|
|Corporate
donation||||35,485|42,490|
|POP Sponsorship||||5,000|5,000|
|||||137,017|145,993|
|3. INCOME FROM CHARITABLE|||ACTIVITIES|Total Funds|Total Funds|
|||||2021|2020|
||||||F|
|Members'
subscriptions||||18,620|16,898|
|Annual
conference|float||||5,000|
|Income from SOCMO study days||||4,740||
|Income from PANG study days||||2,000||
|||||25,360|21,898|
|4. INVESTMENT|INCOIVIE|||Total Funds|Total Funds|
|||||2021|2020|
|||||f.|F|
|Bank interest||||||
|Income from managed||investment|portfolio|10,756|10,872|
|||||10,756|10,872|
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|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|
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|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|
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
||||||||E|
|Amount|owed from related|||undertakings||96,532|98,502|
|Other debtors||||||2,838|16,610|
|||||||99,370|115,112|
|9. CREDITORS:||AMOUNTS|||FALLING DUE WITHIN ONE YEAR|||
|||||||2021f|2020|
|Accruals|and deferred||income|||48,176|75,603|
|Accrual|for grants|payable||||24,285||
|||||||72,461|75,603|
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|||2021|2020|
|---|---|---|---|
|||F|E.|
|Fixed asset investments||698,840|646,717|
|Current|assets|289,903|309,831|
|Current|liabilities|~72,461)|~76,603|
|||916,282|880,945|
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|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|
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|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||||
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|||||||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|
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||||||||||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|