| Page | ||
|---|---|---|
| Reference and Administrative Details ofths Charity, iis Trustees and Advisers |
||
| Trustees' Report |
2-4 | |
| Independent Auditors' |
Report on the Financial Statements | 6-8 |
| Statement ofFinancial | Activities | |
| Statement ofFinancial | Position | |
| Statement ofCash Flows | ||
| Notes to the Financial | Statements | 12-19 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2022 | 2022 | 2021 | |||
| Note | 5 | K | E | ||
| Income from: | |||||
| Donations and legacies |
3 | 1,692,060 | 1,692,060 | 1,015,200 | |
| Expenditure on: |
|||||
| Charitable activities: |
|||||
| Grants | 1,889,104 | 1,889,104 | 1,004,504 | ||
| Events | 24,966 | 24,966 | 10,935 | ||
| Governance costs |
4,608 | 4,608 | 3,330 | ||
| Support costs | 124,298 | 124,298 | 48,405 | ||
| Exceptional cost | 16,085 | 16,085 | |||
| Total expenditure | 2,059,061 | 2,059,061 | 1,067,177 | ||
| Net gains on investments | 433,012 | ||||
| Net movement in funds |
(367&001) | (367,001) | 381,035 | ||
| Reconciliation offunds: |
|||||
| Total funds brought | forward | 2,725,639 | 2,725,639 | 2 344 604 | |
| Net movement in funds |
(367,001) | (367,001) | 351,035 | ||
| Total funds carried | forward | 2,358,638 | 2,358,638 | 2,725,630 |
| STATEMENT | STATEMENT | STATEMENT | OF FINANCIAL | OF FINANCIAL | POSITION | ||||
|---|---|---|---|---|---|---|---|---|---|
| AS AT 31 MARCH 2022 | |||||||||
| 2022 | 2021 | ||||||||
| Note | 6 | 6 | |||||||
| Fixed assets | |||||||||
| Intangible assets | 22,548 | ||||||||
| Current assets | |||||||||
| Debtors | 10 | 3,589 | |||||||
| Cash at bank and | in | hand | 2,342,366 | 2,728,489 | |||||
| 2,345,955 | 2,728,489 | ||||||||
| Current liabilities | |||||||||
| Creditors: amounts year |
falling due within | one | 11 | (9,865) | (2,850) | ||||
| Net current assets | 2,336,090 | 2,725,639 | |||||||
| Total net assets | 2,358,638 | 2,725,639 | |||||||
| Charity funds | |||||||||
| Restricted funds | |||||||||
| Unrestricted funds |
2 358 638 | 2,725,639 | |||||||
| Total funds | 2,358,638 | 2,725,639 | |||||||
| The entity was entitled to exemption | from | audit under | section 477 | of the Companies | Act 2006. |
| STATEMENT OF CASH FLOWS | STATEMENT OF CASH FLOWS | ||||||
|---|---|---|---|---|---|---|---|
| FOR THE YEAR ENDED 31 MARCH 2022 | |||||||
| 2022 | 2021 | ||||||
| E | 5 | ||||||
| Cash flows from operating | activities | ||||||
| Net cash | used in operating | activities | (363,575) | 384,047 | |||
| Cash flows from investing | activities | ||||||
| Donations received in shares |
(1,692,060) | (1,015,200) | |||||
| Proceeds | from the sale of investments | 1,692,060 | 2,263,434 | ||||
| Profit on | disposal of listed investments | (433,012) | |||||
| Purchase | ofintangible fixed |
assets | (22,548) | ||||
| Net cash | (used in)/provided | by investing | activities | (22,548) | 815,222 | ||
| Change | in cash and cash | equivalents | in | the year | (396123) | 1)199)269 | |
| Cash and | cash equivalents | at the beginning | ofthe year | 2,728,489 | 1,529,220 | ||
| Cash and cash equivalents | atthe end of | the year | 2,342,366 | 2,728,489 | |||
| The notes on pages 12to 19form part | ofthese financial statements |
| 3. | Income from | Income from | Income from | donations | and legacies | ||
|---|---|---|---|---|---|---|---|
| Unrestricted | Total | ||||||
| funds | funds | ||||||
| 2022 5 |
2022f | ||||||
| Donations | 1 692060 | 1(892)080 | |||||
| Unrest icted | Total | ||||||
| funds | funds | ||||||
| 2021f | 2021 6 |
||||||
| Donations | 1,015,200 | 1,015,200 | |||||
| 4. | Analysis | ofgrants | |||||
| Grants to | Total | ||||||
| InstltuSrons | funds | ||||||
| 2022 | 2022 | ||||||
| 5 | |||||||
| Grants to | UK registered | charities | 1 556 902 | 1,558,902 | |||
| University | of | Cambridge | 142,202 | 142,202 | |||
| University | of | Bath | 105,000 | 105,000 | |||
| University | College London | 55,000 | 55,000 | ||||
| Manchester | Metropolitan | University | 30,000 | 30,000 | |||
| Total 2022 | 1,889,104 | 1,889,104 | |||||
| Grants to | Total | ||||||
| Institutions | funds | ||||||
| 2021 | 2021 | ||||||
| 5 | 6 | ||||||
| Grants to | UK registered | charities | 748,072 | 748,072 | |||
| University | of | Cambridge | 176,407 | 176,407 | |||
| University | of | Bath | 80,025 | 80,025 | |||
| Total202 | 1 | 1,004,504 | 1,004,504 |
| Unrestricted | |||||
|---|---|---|---|---|---|
| funds | Total | ||||
| 2022 | 2022 | ||||
| E | 6 | ||||
| Grants to registered | charities | 1,556,902 | 1,556,902 | ||
| University of |
Cambridge | 142,202 | 142,202 | ||
| University of | Bath | 105,000 | 105,000 | ||
| University College London |
55,000 | 55,000 | |||
| Manchester Metropolitan |
University | 30,000 | 30,000 | ||
| Wages | 31,044 | 31,044 | |||
| Event costs | 24,966 | 24,966 | |||
| Legal &Consultancy | 75,275 | 75,278 | |||
| Administrative | support 5IT | 16,897 | 16,897 | ||
| Governance | costs | 4,608 | 4,608 | ||
| Bank charges | 1,079 | 1,079 | |||
| Exceptional costs | 16,085 | 16,085 | |||
| Total2022 | 2,059,061 | 2,059,061 |
| Unrestricted | ||||
|---|---|---|---|---|
| funds | Total | |||
| 2021f | 2021f | |||
| Grants to registered | charities | 748,072 | 748,072 | |
| University of |
Cambridge | 176,407 | 176,407 | |
| University of |
Bath | 80,025 | 80,025 | |
| Evellt costs | 10,935 | 10,935 | ||
| Consultancy | 48,315 | 48,315 | ||
| Bank charges | 93 | 93 | ||
| Governance | costs | 3,330 | 3,330 | |
| Total 2021 | 1,067,177 | 1,067,177 |
| 6. | Auditors' | remuneration | remuneration | |||||
|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||
| 6 | 6 | |||||||
| Fees payable accounts |
to the Cherty's | auditor forthe | audit ofthe Chadity's | annual 3,288 |
3,330 | |||
| 7. | Staff costa | |||||||
| 2022 | 2021 | |||||||
| 6 | ||||||||
| Wages and salaries | 31,044 | |||||||
| The average | number ofpersons | employed | by the Charity during | the year was as follows: | ||||
| 2022 | 2021 | |||||||
| Trustees | ||||||||
| Operation | staff |
| NOTES TO THE FINANCIAL STATEMENTS | |||||
|---|---|---|---|---|---|
| FOR THE YEAR ENDED 31 MARCH 2022 | |||||
| 9. | Intangible | assets | |||
| Computer | |||||
| eogware | |||||
| Cost | |||||
| Additions | 22,548 | ||||
| At 31 March | 2022 | 22,548 | |||
| Net book value | |||||
| At 31 March | 2022 | 22,548 | |||
| At 31 March | 2021 | ||||
| 10. | Debtors | ||||
| 2022 E |
2021f | ||||
| Prepayments | and accrued income | 3,589 | |||
| 11. | Creditors: Amounts | falling due within one year | |||
| 2022f | 2021 | ||||
| Accruals and defened | income | 9,865 | 2,850 |
| General | funds | Balance at 1 Apr8 2021f 2725639 |
Income 1692 060 |
Expendituref (25059081) |
Balance at 31 INarch 2022f 233583638 |
|||||
|---|---|---|---|---|---|---|---|---|---|---|
| Summary | offunds | -prior | year | |||||||
| General | funds | I | Balance at April 2020f 2,344,504 |
Income f 1,015,200 |
Expenditure f (1,067,177) |
Gains/ (Losses)f 433,012 |
Balance at 31 March 2021f 2,725,639 |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2022f | 2022f | ||
| intangible | 6xed assets | ||
| Current assets | 22,548 | 22,548 | |
| Creditors | due within one year | 2,345,955 (9,865) |
2,345,955 (9,865) |
| Total | |||
| 2,358,638 | 2,358,638 |
| Unrestricted | Total | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2021f | 2021f | |||||
| Current | assets | |||||
| Creditors | due | within | one | year | 2,728,489 (2,850) |
2,728,489 (2,850) |
| Total | 2,725,639 | 2,725,639 |