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|---|---|---|
|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|
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||||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||||
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|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|
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|||||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|
##
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|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|||||||
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||||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|
##
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|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|