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2022-03-31-accounts

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