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|---|---|---|---|---|
|Reference and administrative
details ofthe charity,||its trustees|and advisers||
|Trustees'
report||||2-9|
|Independent
examiner's|report|||10-11|
|Statement of financial|activities|||12|
|Balance sheet||||13|
|Notes to the financial statements||||14-26|
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|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
||||Note|2023|2023f|2022|
|Income from:|||||||
|Donations
and legacies
Investments||||TT,438
18,967|77,438
18,967|13,226
17,463|
|Total income||||96,405|96,405|30,689|
|Expenditure
on:|||||||
|Raising funds
Charitable
activities||||8,443
269,055|8,443
269,055|10,556
249,009|
|Total expenditure||||277,498|277,498|259,565|
|Net expenditure
before investment
Net gains
/ (losses) on investments|gains/(losses)||10|(181,093)
(40,845)|(181,093)
(40,845)|(228,876)
48,851|
|Net expenditure
before other recognised
losses||gains and||(221,938)|(221,938)|(180,025)|
|Net movement
in funds||||(221,938)|(221,938)|(180,025)|
|Reconciliation
offunds:|||||||
|Total funds brought
forward||||1,206,575|1,206,575|1,386,600|
|||||984,637|984,637|1,206,575|
|Total funds carried forward|||||||
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|||||Note||2023||2022f|
|---|---|---|---|---|---|---|---|---|
|Fixed assets|||||||||
|Intangible assets||||14||33,830||42,287|
|Tangible assets||||15||3,734||5,039|
|Investments||||16||855,520||1,072,697|
|||||||893,084||1,120,023|
|Current assets|||||||||
|Debtors||||17|3,481||3,481||
|Cash at bank and||in|hand||99,348||90,884||
||||||102,829||94,365||
|Creditors:|amounts||falling due within one||||||
|year|||||V1,276)||(7,813)||
|Net current|assets|||||91,553||86,552|
|Net assets||||||984,637||1,206,575|
|Charity Funds|||||||||
|Unrestricted|funds|||19||984,637||1,206,575|
|Total funds||||||984,637||1,206,575|
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|3.|Investment
income|||||
|---|---|---|---|---|---|
||||Unrestricted|Total|Total|
||||funds|funds|funds|
||||2023|2023|2022|
||Income from listed investments||16,554|16,554|16,924|
||Interest receivable||2,413|2,413|539|
||||18,967|18,96T|17,463|
||Total 2022||17,463|17,463||
|4.|Analysis ofcharitable|expenditure||||
|Analysis of|charitable
e|xpend|iture||||
|---|---|---|---|---|---|---|
|||||Charitable|||
|||||expenditure|Total|Total|
|||||2023f|2023f|2022f|
|Raising funds:|||||||
|Investment|management|(see|note 5)|8,443|8,443|10,556|
|Subtotal
raising funds||||8,443|8,443|10,556|
|Charitable|activities:||||||
|Support costs (see note 8)
Direct costs (see note 6)||||211,5T9
38,267|211,5T9
38,26T|200,995
32,490|
|Subtotal charitable
activities||||249,846|249,846|233,485|
|Expenditure|on governance||(see note 9)|19,209|19,209|15,524|
|||||277,498|277,498|259,565|
|Total 2022||||259,565|259,565||
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|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2023|2023|2022|
||||||Z||
||Investment||management|8,443|8,443|10,556|
||Total 2022|||10,556|l0,556||
|6.|Direct|costs|||||
|||||information|||
|||||and Support
Services|Total
2023|Total
2022f|
||Medical|consultancy||21,250|21,250|20,000|
||Printing|and|stationery|17,017|17,017|12,490|
|||||38,267|38,267|32,490|
||Total 2022|||32,490|32,490||
|7.|Grants|payable|||||
||||||Total|Total|
||||||2023|2022|
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|Support c|osts||||
|---|---|---|---|---|
|||Information|||
|||and Support|Total|Total|
|||Servicesf|2023|2022f|
|Staff costs||157,494|157,494|149,091|
|Depreciation||9,762|9,762|'l2,251|
|Rent and rates||26,371|26,371|24,185|
|ITconsultancy||11,506|11,506|8,866|
|Postage||3,599|3,599|2,888|
|Telephone|and fax|463|463|821|
|Other expenses||913|913|905|
|Subscriptions||1,471|1,471|1,988|
|||211,579|211,579|200,995|
|Total 2022||200,995|200,995||
##
|Governance|costs|||
|---|---|---|---|
|||Unrestricted|Total|
|||funds|funds|
|||2023|2022|
|Accountancy|fees|7,470|3,600|
|Legal and professional||9,916|10,497|
|Insurance||1,823|1,427|
|||19,209|15,524|
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|||Website|
|---|---|---|
|||Costs|
|Cost|||
|At 6 April|2022 and 5 April 2023|75,840|
|Amortisation|||
|At 6 April 2022
Charge for the year||33,553
8,457|
|At 5 April|2023|42,010|
|Carrying|amount||
|At 5 April|2023|33,830|
|At 5April|2022|42,287|
##
|Tangible fixed assets||||
|---|---|---|---|
||Plant and|Fixtures and||
||machinery|fittings|Total|
|Cost||||
|At 6 April 2022 and 5 April 2023|3,543|14,552|18,095|
|Depreciation||||
|At 6 April 2022
Charge for the year|3,459
21|9,597
1,284|13,056
1,305|
|At 5 April 2023|3,480|10,881|14,361|
|Net book value||||
|At 5 April 2023|63|3,671|3,734|
|At 5April 2022|84|4,955|5,039|
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|||||||||Sub total|
|---|---|---|---|---|---|---|---|---|
|||||Listed|Cash|in||carried|
|||||securities|portfolio|||forward|
|||||F|||||
|Market value|||||||||
|At 6April
Additions
Disposals
Valuation
Withdrawal|2022
changes
ofcash|funds||1,067,264
9,750
(170,088)
{51,40T)|5,432
(5,432)|||1,072,696
9,750
(1T0,088)
(51,407)
(5,432}|
|At 5 April|2023|||855,519||||855,519|
|||||Sub total|||||
|||||brought|investment|in|||
|||||forward|subsidiary|||Total|
|||||||||f.|
|Market value|||||||||
|At 6 April 2022
Additions
Disposals
Valuation
changes
Withdrawal
ofcash||funds||1,072,696
9,750
(170,088)
(51,407)
(5,432}||1||1,0T2,697
9,750
(170,088)
{51,407)
(5,432)|
|At 5April 2023||||855,519||||855,520|
|iary
undertakings|||||||||
|The following
were||subsidiary|undertakings|ofthe company:|||||
||||||2023|||2022|
|Name||||Holding|||||
|PAPAA Enterprises||Limited||100%|1|||1|
|Name||||Business|Registered||office||
|PAPAA Enterprises||Limited||Website Licence|Calder 8 Co||||
||||||30Orange Street||||
||||||London||||
||||||WC2H THF||||
##
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|17.|Debtors|||||
|---|---|---|---|---|---|
|||||2023f|2022f|
||Other debtors|||2,600|2,600|
||Prepayments|and accrued income||881|881|
|||||3,481|3,481|
|18.|Creditors: Amounts||falling due within one year|||
|||||2023|2022f|
||Trade creditors|||3,053|223|
||Other taxation|and social security||4,382|3,989|
||Amounts
owed to subsidiary
undertaking
Accruals and deferred
income|||1
3,840|1
3,600|
|||||11,276|7,813|
##
|Statement offund|s - cu|rrent year|||||||
|---|---|---|---|---|---|---|---|---|
||||Balance at||||Gainsl|Balance at|
||||6April 2022
f|Income
f|Expenditure|f|(Losses)
F|5 April 2023
F|
|Designated
funds|||||||||
|Investment
and research
fund
Small research grant programme|||1,039,600
47,000|||||1,039,600
4T,000|
||||1,086,600|||||1,086,600|
|General funds|||||||||
|General
Funds|||119,9T5|96,405|{277,498)||{40,845)|(101,963)|
|Total Unrestricted|funds||1,206,575|96,405|(2?T,498)||(40,845)|984,63?|
|Total offunds|||1,206,575|96,405|(277,498)||(40,845)|984,637|
##
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|Statement offun|ds - pr|ior year||||||
|---|---|---|---|---|---|---|---|
||||Balance at|||Gains'|Balance at 5|
||||6April 2021|income|Expenditure|(tosses)|April 2022|
|||||||E|E|
|Designated
funds||||||||
|Investment
and research
fund
Small research grant programme|||1,039,600
47,000||||1,039,600
47,000|
||||1,086,600||||1,086,600|
|General funds||||||||
|General
Funds|||300,000|30,689|(259,565)|48,851|119,Q75|
|Total Unrestricted|funds||1,386,600|30,689|(259,565)|48, 85'l|1,206,575|
|Total offunds|||1,386,600|30,689|(25Q,565)|48,851|1,206,575|
##
|Analysis|ofnet assets between funds -current year||
|---|---|---|
|||Unrestricted|
|||funds|
|||2023|
|||E|
|Intangible
fixed assets
Tangible
fixed assets
Fixed asset investments
Current assets
Creditors due within one year||33,830
3,734
855,520
102,829
(11,276)|
|||984,637|
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|Analysis|of net assets between
funds - prior year||
|---|---|---|
|||Unrestricted|
|||funds|
|||2022|
|Intangible
fixed assets
Tangible fixed assets
Fixed asset investments||42,287
5,039
1,072,697|
|Current assets||94,365|
|Creditors|due within one year|(7,813)|
|||1,206,575|
##
|Remuneration
of key management|personnel|2023|2022|
|---|---|---|---|
|Aggregate
compensation||64,400|60,033|