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2022-08-31-accounts
|
|
Page |
|
| Report ofthe Trustees |
1 |
to |
4 |
| Independent Examiner’s Report |
|
|
|
| Statement of Financial Activities |
|
6 |
|
| Balance Sheet |
7 |
to |
S |
| Notes to the Financial Statements |
9 |
to |
13 |
| l)etailed Statement of hnancial Activities |
|
14 |
|
|
|
|
2022 |
2021 |
|
Unrestricted |
Restricted |
Total |
Total |
|
funds |
funds |
funds |
funds |
| Notes |
£ |
£ |
£ |
£ |
| INCOME AND ENDOWMENTS FROM |
|
|
|
|
| Donations and legacies |
90,098 |
|
90,098 |
15,082 |
| EXPEXI)ITURE ON |
|
|
|
|
| Raising funds |
|
683 |
683 |
648 |
| Charitable activities |
|
|
|
|
| Research Giants and Symposium payments |
8,468 |
- |
8,468 |
87.646 |
| Other |
7,639 |
|
7,639 |
902 |
| Total |
16,107 |
683 |
16,790 |
89.196 |
| Net gains(losses) on investments |
|
(8,200) |
(8,200) |
19,118 |
| NET IXCOME/(EXPENDITURE) |
73,991 |
(8,883) |
65,108 |
(54.996) |
| RECONCILIATION OF FUNDS |
|
|
|
|
| Total funds brought for\varcl |
37,739 |
119,476 |
157,215 |
2 12.21
1 |
| TOTAL FUNDS CARRIED FORWARD |
111,730 |
110,593 |
222,323 |
157,215 |
|
|
|
|
2022 |
2021 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
| CURRENT ASSETS |
|
|
|
|
|
| Debtors |
6 |
|
- |
- |
8,510 |
| Investments |
7 |
- |
109,587 |
109,587 |
118,471 |
| Cash at bank |
|
112,999 |
1,006 |
114,005 |
30,895 |
|
|
112,999 |
110,593 |
223,592 |
157,876 |
| CREDITORS |
|
|
|
|
|
| Amounts falling due within one year |
8 |
(1,269) |
- |
(1,269) |
(661) |
| NET CURRENT ASSETS |
|
111,730 |
110,593 |
222,323 |
157,215 |
| TOTAL ASSETS LESS CURRENT |
|
|
|
|
|
| LIABILITIES |
|
111,730 |
110,593 |
222,323 |
157,215 |
| NET ASSETS |
|
111,730 |
110,593 |
222,323 |
157,215 |
| FUNDS |
9 |
|
|
|
|
| Unrestricted funds |
|
|
|
111,730 |
37,739 |
| Restricted funds |
|
|
|
110,593 |
119,476 |
| TOTAL FUNDS |
|
|
|
222,323 |
157.215 |
| Investment management costs |
|
|
|
2022 |
2021 |
|
£ |
£ |
| Support costs |
683 |
648 |
|
|
|
2022 |
2021 |
| Part |
time |
administration |
I |
— |
|
Unrestricted |
Restricted! |
Total |
|
funds |
funds |
funds |
|
£ |
£ |
£ |
| INCOME AND ENDOWMENTS FROM |
|
|
|
| Donations and legacies |
15.082 |
|
15,082 |
| EXPENDITURE ON |
|
|
|
| Raising funds |
- |
648 |
64S |
| Charitable activities |
|
|
|
| Research Grants and Symposium |
|
|
|
| payments |
87,646 |
- |
87,646 |
| Other |
902 |
- |
902 |
| Total |
88.548 |
648 |
89,196 |
| Net gains on investments |
- |
19,118 |
19,118 |
|
|
Unrestricted |
Restricted |
Total |
|
|
funds |
funds |
funds |
|
|
£ |
£ |
£ |
|
NET INCOME/(EXPENDITURE) |
(73,466) |
18,470 |
(54,996) |
|
RECONCILIATION OF FUNDS |
|
|
|
|
Total funds brought forward |
111,205 |
101,006 |
212.211 |
|
TOTAL FUNDS CARRIED |
|
|
|
|
FORWARD |
37,739 |
119,476 |
157,215 |
| 6. |
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
|
|
2022 |
2021 |
|
|
|
£ |
£ |
|
Other debtors |
|
- |
8,510 |
| 7. |
CURRENT ASSET INVESTMENTS |
|
|
|
|
|
|
2022 |
2021 |
|
|
|
£ |
£ |
|
Rathbones |
|
109,587 |
118,471 |
| 8. |
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
|
|
2022 |
2021 |
|
|
|
£ |
£ |
|
Other creditors |
|
1,269 |
661 |
| 9. |
MOVEMENT IN FUNDS |
|
|
|
|
|
|
Net |
|
|
|
|
movement |
At |
|
|
At 1.9.21 |
in funds |
31.8.22 |
|
|
£ |
£ |
£ |
|
Unrestricted funds |
|
|
|
|
Undesignated Funds |
37,739 |
73,991 |
111,730 |
|
Restricted funds |
|
|
|
|
Harvard Donation |
650 |
|
650 |
|
Glenn Irvine Prize Fund |
118,826 |
(8,883) |
109,943 |
|
|
119,476 |
(8,883) |
110,593 |
|
TOTAL FUNDS |
157,215 |
65,108 |
222,323 |
|
Incoming |
Resources |
Gains and |
Movement |
|
resources |
expended |
losses |
in funds |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| Undesignated Funds |
90,098 |
(16,107) |
- |
73,991 |
| Restricted funds |
|
|
|
|
| Glenn Irvine Prize Fund |
- |
(683) |
(8,200) |
(8,883) |
| TOTAL FUNDS |
90,098 |
(16,790) |
(8,200) |
65,108 |
| Comparatives for movement in funds |
|
|
|
|
|
|
|
Net |
|
|
|
|
movement |
At |
|
|
At
1 .9.20 |
in funds |
31 .8.21 |
|
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| Undesignated Funds |
|
111,205 |
(73,466) |
37,739 |
| Restricted funds |
|
|
|
|
| Harvard Donation |
|
650 |
- |
650 |
| Glenn Irvine Prize Fund |
|
100,356 |
18,470 |
118,826 |
|
|
101,006 |
18,470 |
119,476 |
| TOTAL FUNDS |
|
212.21! |
(54,996) |
157.215 |
|
Incoming |
Resources |
Gains and |
Movement |
|
resources |
expended |
losses |
in funds |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| Undesignated Funds |
15,082 |
(88.548) |
- |
(73.466) |
| Restricted funds |
|
|
|
|
| Glenn Irvine Prize FLinci |
|
(648) |
19.118 |
18,470 |
| TOTAL FUNDS |
15.082 |
(89,196) |
19,118 |
(54.996) |
|
|
Net |
|
|
|
movement |
At |
|
Ar 1.9.20 |
in ftmds |
31.8.22 |
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
| Undesignated Funds |
111,205 |
|
111.730 |
| Restricted funds |
|
|
|
| Harvard Donation |
650 |
|
650 |
| Glenn Irvine Prize Fund |
100,356 |
9,587 |
109.943 |
|
101.006 |
9.587 |
110,593 |
| TOTAL FUNDS |
212.211 |
10,112 |
222.323 |
|
Incoming |
Resources |
Gains and |
\iovemenr |
|
resources |
expended |
losses |
in funds |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| Undesignated Funds |
105,180 |
(104,655) |
- |
525 |
| Restricted funds |
|
|
|
|
| Glenn Irvine Prize Fund |
- |
(1.33 1) |
10.918 |
9,587 |
| TOTAL FUNDS |
105,180 |
(105,986) |
10,918 |
10.112 |
| Detailed Statement ofFinancial Activities |
|
|
| for the Year Ended 31 August 2022 |
|
|
|
2022 |
2021 |
|
|
£ |
| INCOME AND ENDOWMENTS |
|
|
| Donations and Legacies |
|
|
| Donations |
90,098 |
15,082 |
| Total incoming resources |
90,098 |
15.082 |
| EXPEND ITURE |
|
|
| Charitable Activities |
|
|
| Research Grants & Symposium |
8,468 |
87,646 |
| Support Costs |
|
|
| Finance |
|
|
| Rathbones lees |
683 |
648 |
| Bank charges |
209 |
155 |
| Exchange rate gait Losses |
100 |
(703) |
|
992 |
100 |
| Information Technology |
|
|
| IT Expenses |
912 |
263 |
| Other |
|
|
| Wages |
5,550 |
|
| Sundry Expenses |
164 |
322 |
| Accountancy |
704 |
865 |
|
6,418 |
1,187 |
| Total resources expended |
16,790 |
89.196 |
| Net income/(expenditure) before gains |
|
|
| and losses |
73,308 |
(74.L 14) |
| Realised recognised gains and losses |
|
|
| RealisecL gains (losses) on programme |
|
|
| related investments |
(8,200) |
19,11 8 |
| Net income/(expenditure) |
65,108 |
(54,996) |