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|Strategic Report|||
|---|---|---|
|Trustees'
Report||2to8|
|Statement ofTrustees'|Responsibilities||
|Independent
Examiner's|Report|10|
|Statement ofFinancial|Activities||
|Balance Sheet||12|
|Notes to the Financial Statements||13to20|
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|Structure,|governance|governance|governance|and management|and management||||
|---|---|---|---|---|---|---|---|---|
|Reference|and Administrative||||Details||||
|Trustees|||||Mr S I Horthy||||
||||||Mr M Ridwan||||
||||||Monsieur XGuerrand-Hermes||||
||||||A Asseily||||
||||||Professor P Brodeur||||
||||||Mrs IA Horthy||||
|Secretary|||||Mr S I Horthy||||
|Principal|ONce||||199Preston Road||||
||||||Brighton||||
||||||BN1 6AW||||
||||||The charity is incorporated||in England|and Wales.|
|Company|Registration|||Number|05002640||||
|Charity Registration|||Number||1134575||||
|Independent||Examiner|||Chisnall Comer Ismail|&Co|||
||||||Chartered Accountants|&|Registered|Auditors|
||||||Maria House||||
||||||35Millers Road||||
||||||Brighton||||
||||||BN1 5NP||||
|Financial|instruments||||||||
|Objectives||and policies|||||||
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Recognised|
Gains and Losses|
)|||
|---|---|---|---|---|---|---|
|||||Unrestricted|Total||
||||Note|fundsf|2021f||
|Income and Endowments||from:|||||
|Donations
and legacies||||104,443|104,443||
|Investment
income||||11|||
|Total Income||||0472|1210 7||
|Expenditure
on:|||||||
|Support costs||||(65,359)|(65,359)||
|Charitable
activities||||(2S0,538)|(2S0,538)||
|Other expenditure|||||||
|Total Expenditure|||||||
|Net income|||||||
|Net movement
in funds||||828,516|828,516||
|Reconciliation of|funds||||||
|Total funds brought|forward||||||
|Total funds carried|forward||18||||
|||||Unrestricted|Total||
|||||fundsf|2020f||
||||Note||||
|Income and Endowments||from:|||||
|Donations and legacies||||10,334||10,334|
|Investment
income||||1 136 07|1 136007||
|Total Income|||||1 1|341|
|Expenditure
on:|||||||
|Support costs||||(57,550)|(57,550)||
|Charitable
activities||||(212,219)|(212,219)||
|Other expenditure||||||428|
|Total Expenditure||||||197|
|Net income||||840 144|||
|Net movement
in funds||||840,144|&40,144||
|Reconciliation of|funds||||||
|Total funds brought|forward|||8424 854|8|24854|
|Total funds carried|forward||18||||
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|||||2021|2020|
|---|---|---|---|---|---|
||||Note|||
|Fixed assets||||||
|Tangible assets|||12|591,877||
|Investments|||13|9064835|8308744|
|||||9656712|8308744|
|Current assets||||||
|Debtors|||14|356,723|393,427|
|Cash at bank|and in hand|||327967|573757|
|||||684,690|967,184|
|Creditors: Amounts||falling due within one year|15|3792|10930|
|Net current|assets|||680898|956254|
|Total assets|less current liabilities|||10,337,610|9,264,998|
|Creditors: Amounts||falling due after more than one year|16|244 095||
|Net assets||||||
|Funds|ofthe charity:|||||
|Unrestricted|income funds|||||
|Unrestricted|funds|||10093 514|9264998|
|Total funds|||18|||
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|4
Investment
income|||||
|---|---|---|---|---|
|||Unrestricted|||
|||funds|||
||||Total|Total|
|||General|2021|2020|
|Market value adjustment|for listed investment||&R|~47 323|
|Gain on disposal oflisted|investment||||
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||||Unrestricted|||
|---|---|---|---|---|---|
||||funds|||
|||||Total|Total|
||||General|2021|2020|
|||Note||||
|Grant funding|ofactivities||143,646|143,646|109,822|
|Research staff costs|||102,652|102,652|74,403|
|Research activities|||5,272|5,272|4,022|
|project travel|&meetings||9,297|9,297|8,386|
|Research travel and meetings|||13,540|13,540|11,762|
|Governance|costs||1|1ff111||
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Other exp|enditure||||||
|---|---|---|---|---|---|---|
|||||Unrestricted|||
|||||funds|||
||||||Total|Total|
|||||General|2021|2020|
||||Note||||
|Insurance||||2,505|2,505|2,726|
|Repairs and renewals||||15,151|15,151|10,602|
|Computer costs||||3,236|3,236|7,497|
|Sundry expenses||||2,216|2,216|6,014|
|Cleaning||||1,964|1,964|3,035|
|PR (literature|and brochures)|||626|626|478|
|Meeting costs||||335|335|3,882|
|Legal and professional||fees|||26|2 194|
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|7Analysis o
Governance|fgovernance
and support costs
costs|||||
|---|---|---|---|---|---|
|||Unrestricted||||
|||funds||||
|||General
f|Total
2021f||Total
2020f|
|Independent|examiner fees|||||
|Examination|ofthe financial statements|3,537|3,537|||
|Other governance
costs||12594|12|594||
|Support Costs||||||
|||Unrestricted||||
|||funds||||
|||General
f|Total
2021f||Total
2020f|
|Wages and salaries||39,847|39,847||36,038|
|Staff pensions||9,078||9,078|8,906|
|Rates||7,084||7,084|4,464|
|Light, heat and power||3,294||3,294|2,762|
|General maintenance||1,023||1,023|1,172|
|Telephone||3,489||3,489|3,765|
|Printing, postage and stationery||610||610|443|
|Other interest|payable|78||78||
|Depreciation|offixtures and fittings|856||856||
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|Examination|ofthe financial|statements|
|---|---|---|
|11 Taxation|||
|The charity|is a registered|charity and is therefore exempt from taxation.|
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|12 Tangible fixed assets||||||
|---|---|---|---|---|---|
||Land and||Furniture|and||
||buildings
f||equipment
f||Totalf|
|Cost||||||
|At 1 January 2021||||1,211|1,211|
|Additions|58|9||5414|592 733|
|At 3'I December 2021||||||
|Depreciation||||||
|At 1 January 2021||||1,211|1.211|
|Charge for the year|||||856|
|At 31 December 2021||||||
|Net book value||||||
|At 31 December 2021||||||
|At 31December 2020||||||
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|Other investments||||
|---|---|---|---|
|||Unlisted||
|||Investments|Total|
|Cost orValuation||||
|At 1 January 2021||8,308,744|8,308,744|
|Revaluation||819,589|819,589|
|Disposals||~5&RQ|498|
|At 31December 2021||||
|Net book value||||
|At 31December 2021||||
|At 31 December 2020||||
|14 Debtors||||
|||2021|2020|
||||K|
|Trade debtors||1,440|1,440|
|Other debtors|||391987|
|15Creditors: amounts|falling due within one year|||
|||2021|2020|
|Other taxation and social|security||7,643|
|Other creditors|||191|
|Accruals|||3096|
|16 Creditors: amounts|falling due after one year|||
||||2021|
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|18Funds|18Funds||||||
|---|---|---|---|---|---|---|
|||Balance|at 1|Incoming|Resources|Balance at 31|
|||January
f|2021|resources
f|Expended
f|December 2021
f|
|Unrestricted||funds|||||
|General|||||||
|||Balance|at 1|Incoming|Resources|Balance at 31|
|||January
f|2020|resources
f|Expended
f|December 2020
f|
|Unrestricted||funds|||||
|General|||||||
|19Analysis||ofnet assets between funds|||||
||||||Unrestricted
funds|Total fund
f|
||||||General
f||
|Tangible|fixed assets||||591,877|591,877|
|Fixed asset investments|||||9,064,835|9,064,835|
|Current|assets||||684,690|684,690|
|Current|liabilities||||(3,792)|(3,792)|
|Creditors over 1year|||||244|2|
|Total net assets|||||||
|20Analysis||ofnet funds|||||
|||||At 1 January|||
|||||2021f|Cash flow|Balance at
31December|
|||||||2021f|
|Cash at|bank and in hand|||573,757|(245,790)|327,S67|
|Net debt|||||||