2022-07-31-accounts

			Page
Reference and Administrative		Details ofthe Charity, its Trustees and Advisers
Trustees' Report			2-7
Trustees' Responsibilities Statement
Independent Auditors'	Report	on the Financial Statements	9-12
Statement of Financial	Activities		13
Balance Sheet			14
Statement ofCash Flows			15
Notes to the Financial	Statements		16-22

REFERENCE AND	REFERENCE AND	ADMINISTRATIVE DETAILS	OF THE	CHARITY, ITSTRUSTEES AND ADVISERS
		FOR THE YEAR	ENDED 31 JULY 2022
Trustees		Professor John Lonsdale	(appointed	22 September 2021)
		Professor Dr Joy Pereira	(appointed	22 September 2021)
		Tun Ahmad Sar(i bin Abdul Hamid (deceased 28 August 2021)
		Dato' Henry Barlow
		Mr Jeremy Carver
		Professor Sir Brian Heap	(resigned	1 October 2022)
		Professor Lord Hunt of Chesterton
		Dato' Thomas M L Lee
Charity registered
number		1136815
Principal office		Trinity College
		Cambridge
		CB2ITQ
Independent	auditor	Peters Elworthy & Moore
		Chartered Accountants
		Salisbury House
		Station Road
		Cambridge
		CB1 2LA
Bankers		National Westminster Bank Pic
		21 Petty Cury
		Cambridge
		CB23NE

			Unrestricted	Total	Total
			funds	funds	funds
			2022	2022	2021
		Note
INCOME FROM:
Donations			1,000,000	1,000,000	1,000,000
Interest receivable			359	359	158
TOTAL INCOME			1,000,359	1,000,359	1,000,158
EXPENDITURE ON:
Charitable activities			794,564	794,564	1,587,716
TOTAL EXPENDITURE			794,564	794,564	1,587,716
NET MOVEMENT	IN FUNDS		205,795	205,795	(587,558)
RECONCILIATION	OF FUNDS:
Total funds brought	forward		909,251	909,251	1,496,809
Net movement in funds			205,795	205,795	(587,558)
TOTAL FUNDS CARRIED FORWARD			1,115,046	1,115,046	909,251

	Note	2022f	2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net cash used in operating activities	11	(449,291)	(48,085)
CASH FLOWS FROM INVESTING ACTIVITIES
Dividends, interests and rents from investments		359
NET CASH PROVIDED BYINVESTING ACTIVITIES		359
CHANGE IN CASH AND CASH EQUIVALENTS IN THE YEAR		(448,932)	(48,085)
Cash and cash equivalents at the beginning of the year		1,668,614	1,716,699
CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR	12	1,219,682	1,668,614
The notes on pages 16to 22 form part ofthese financial statements

Unrestricted	Total	Total
funds	funds	funds
2022	2022	2021
2	2
1,000,000	1,000,000	1,000,000

	Activities	Grant
	undertaken	funding of	Support	Total	Total
	directly	activities	costs	funds	funds
	2022f	2022	2022 2	2022 E	2021
English Language		536,681		536,681	500,000
Climate Change		50,000		50,000
Electoral Democracy	13,125			13,125
Promotion & Education	31,339		163,419	194,758	1,087,716
TOTAL 2022	44,464	586,681	163,419	794,564	1,587,716
TOTAL 2021	880,362	500,000	207,354	1,587,716

			Total	Total
			funds	funds
			2022	2021
			2
Staff costs			114,582	166,035
Telephone,	postage and couriers		1,963	1,642
Rent and rates			4,367	3,929
Administrative		support	8,832
Qfffce expenses			10,032	8,417
Property costs			10,011	13,235
Travel			1,846	685
Bank charges			386	1,591
Governance		costs	11,400	11,820
			163,419	207,354

		2022	2021
		E	8
Wages and salaries		91,403	137,574
Social security	costs	10,487	15,082
Pension cosis		12,235	12,753
Apprenticeship	levy	457	626
		114,582	166,035

2022	2021
No.	No.

2022	2021
No.	No.

		2022	2021
		2	9
Trade creditors			14,215
Amount	owed by MCSC	93,012	200,841
Other creditors		224
Accruals		11,400	544,307
		104,636	759,363

							2022	2021
Net income/(expenditure) for the		year	(as per	Statement	of	Financial
Activities)							205,795	(587,558)
ADJUSTMENTS FOR:
Dividends, interests	and rents from	investments					(359)
(Decrease)/increase	in creditors						(500,200)	539,473
NET CASH USED	IN OPERATING	ACTIVITIES					(294,764)	(48,085)