2023-06-30-accounts

	Page
Legal and administrative information	1
Trustees' report	2−6
Statement of trustees responsibilities	7
Independent Examiner's Report	8
Statement of financial activities	9
Balance sheet	10
Notes to the accounts	11−16

Trustees	A Budgen
	K Hill
	K Stubbs
	R Hancock
	D Small
Secretary	A Budgen
Charity number	1121784
Company number	06249601
Principle address	Riverside East
	2 Mil!sands
	Sheffield
	S3 8DT
Registered office	Riverside East
	2 Mil!sands
	Sheffield
	S3 8DT
Accountants	Landin Wilcock & Co
	68 Queen Street
	Sheffield
	S i 1WR
Bankers	CAF Bank
	25 Kings Hill Avenue
	Kings Hill
	West Mailing
	Kent
	ME19 4TA
	HSBC
	22, The Moor
	Sheffield
	S i 4PA

		Unrestricted	2023	2022
		funds	Total	Total
	Notes	£	£	£
Income and Endowments from:
Income from Investments	2	6,146	6,146	1,537
Income from donations and legacies	3	40,274	40,274	92,164
Total income and endowments		46,420	46,420	93,701
Expenditure on:
Charitable activity	4	5,496	5,496	2,368
Research Grants & Costs	6	597,580	597,580	44,991
Net gains on investments	11	1,052	1,052	9,867
Total resources expended		604,128	604,128	57,226
Net income/(expenditure)		(557,708)	(557,708)	36,475
Transfers between funds	10
Net movement in funds		(557,708)	(557,708)	36,475
Total funds brought forward		785,415	785,415	748,940
Total funds carried forward	13	227,707	227,707	785,415

			2023		2022
	Notes
Current assets
Investments	11		59,212		60,264
Other debtors			882
Cash at bank and in hand			684,332		741,425
			744,426		801,689
Liabilities
Creditors: amounts falling due within
one year	12	1,032		978
Research Grants	6	215,911		15,296
			(216,943)		(16,274)
Total assets less current liabilities			527,483		785,415
Creditors due after more than one
year: Research Grants	6		(299,776)
Net Assets			227,707		785,415
Income funds
Unrestricted funds			227,707		785,415
Accumulated funds	13		227,707		785,415

2	Investment income
		2023	2022
	UK bank interest receivable	6,146	1,537
3	Incoming from donations and legacies
		2023	2022
	Donations receivable	40,274	92,164
4	Charitable activity costs
		2023	2022
	Fundraising and event expenditure	3,788
	Governance costs	1,708	2,368
		5,496	2,368
5	Governance costs
		2023	2022
	Accountancy & Professional fees	1,121	1,652
	Bank charges	480	574
	Miscellaneous expenses	107	142
		1,708	2,368

	2023	2022
Awarded in year:
Projects and research fellowships	597,580	44,991
Charge in SOFA	597,580	44,991
Paid in the year	(97,189)	(29,695)
Movement	500,391	15,296
Balance at start of year	15,296
Balance at end of year	515,687	15,296
Due within one year	215,911	15,296
Due after more than one year	299,776
Balance at end of year	515,687	15,296

11	Investments
		2023	2022
		£	£
	Quoted Investments
	Balance at start of year	60,264	70,131
	Additions in the year
	Movement in valuation of investment	(1,052)	(9,867)
	Balance at end of year	59,212	60,264

			2023	2022
			£	£
	Accruals		1,032	978
13	Analysis of net assets between funds
		Unrestricted	2023	2022
		funds	Total	Total
		£	£	£
	Fund balances at 30 June 2023 are
	represented by:
	Tangible fixed assets
	Current assets	744,426	744,426	801,689
	Creditors: amounts falling due within
	one year	(216,943)	(216,943)	(16,274)
	Creditors: amounts falling due after
	more than one year	(299,776)	(299,776)
		227,707	227,707	785,415