2022-03-31-accounts - Multiple System Atrophy Trust

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				Pages
Report ofthe Chair				2-3
Report ofthe Trustees				4-15
Independent Auditor's	Report			16-21
Statement of Financial	Activities	(including the Income and Expenditure	account)	22
Balance Sheet				23-24
Statement ofCash Flows				25
Notes to the Financial	Statements			26-37

Reference and	Reference and	administrative	administrative	details (continued)
Charity Commissions			registered	charity number	1137652
OSCR registered		charity number			SC044535
Registered	address				51St Olav's Court
					Lower Road
					London, SE162KB
Independent	Auditors				Harris &Co (Accountants)	Ltd
					2 Pavilion Court, 600 Pavilion		Drive
					Northampton, NN4 75L
Bankers					CAF Bank Limited
					25 Kings Hill Avenue, West Mailing,
					Kent, ME194JQ
Investment	managers				Church, Charity and Local	Authority
					Investment Management	Ltd,
					Senator House, 85 Queen	Victoria
					Street, London, EC4V4ET
HR law advisory		service			Howarths HR and Employment		Law Ltd
					Newbury Court, Brooke Street
					Cleckheaton, West Yorkshire,		BD19 3RR

AR ENDED 31MARCH 2	022
			Unrestricted	Restricted	Total funds	Total funds
		Note	Income Fund	Income	2022	2021
				Fund
Income and endowments	from:
Donations and legacies			579,457	474,364	1,053,821	719,842
Activities for generating	funds		172,872		172,872	139,360
Investments			535		535	1,318
Other						43,075
Total income and endowments			752,864	474,364	1,227,228	903,595
Expenditure on:
Raising funds			265,093		265 093	188482
Charitable activities			359,335	436,907	796,242	538,767
Total expenditure		8	624,428	436,907	1,061,335	727,249
Net gains/(losses) on investments			104,658		104,658	252,627
Net income/(expenditure)			233,094	37,457	270,551	428,973
Transfers between funds
Net movement in funds			233,094	37,457	270,551	428,973
Reconciliation offunds:
Total Funds at 31March	2021		1,863,691	244,710	2,108,401	1,679,428
Total funds at 31March	2022		2,096,785	282,167	2,378,952	2,108,401

31MARCH	202	2
						Unrestricted	Restricted	Total	Total
					Note	Income	Income	funds	funds
						Fund	Fund	2022	2021
Fixed assets
Tangible assets					12	12,104		12,104	10,244
Investments					13	1,702,192	731,333	2,433,525	2,328,396
						1,714,296	731,333	2,445,629	2,338,640
Current assets
Stocks					14	8,505		8,505	7,570
Debtors					15	64,874		64,874	243,209
Cash at bank	and	in	hand		16	339,096		339,096	191,470
						412,475		412,475	442,249
Liabilities:
Creditors: Amounts			falling due within one		17	(29,986)	(209,801)	(239,787)	(442,517)
year
Net current	assets/(liabilities)					382,489	(209,801)	172,688	(268)
Total assets	less	current		liabilities		2,096,785	521,532	2,618,317	2,338,372
Creditors: Amounts			falling due after more		18		(239,365)	(239,365)	(229,971)
than one year
Net assets/(liabilities)						2,096,785	282,167	2,378,952	2,108,401
Charity Funds
Unrestricted	funds					1,991,656		1,991,656	1,609,851
Revaluation	reserve					105,129		105,129	253,840
Restricted funds					23		282,167	282,167	244,710
Total charity	funds					2,096,785	282,167	2,378,952	2,108,401

AR ENDED 31MARCH 20	22
				Total funds	Total funds
			Note	2022	2021
Cash flow from operating	activities		19	154,051	(26,612)
Cash flow from investing	activities
Interest received				535	1,318
Payments to acquire oftangible fixed assets				(6,489)	(3,777)
Receipts from sales oftangible assets					44
Payments to acquire investments				(471)	(301,213)
Receipts from sale of investments					300,000
Net cash flow from investing activities				(6,425)	(3,628)
Change in cash and cash	equivalents			147,626	(30,240)
Cash and cash equivalents	brought	forward		191,470	221,710
Cash and cash equivalents	carried	forward		339,096	191,470
Cash and cash equivalents	consist	of:
Cash at bank and in hand				339,096	191,470
Short term deposits
Cash and cash equivalents	at 31March 2022			339,096	191,470

Income	from donations and legacies
		Unrestricted	Restricted	Total	Total
		Income	Income	2022	2021
		Fund	Fund
		E	E	f
Donations	and legacies
Donations	under the Gift Aid scheme	64,933		64,933	60,389
Legacy donations		135,408		135,408	55,261
Memoriam	donations	184,375	34,119	218,494	170,605
Other donations		194,741	440,245	634,986	433,587
		579,457	474,364	1,053,821	719,842

Income from activities for ge	nerating funds
	Unrestricted	Restricted	Total	Total
	income	Income	2022	2021
	Fund	Fund
		E	E	E
Event income	158,410		158,410	127,186
Merchandise	14,462		14,462	12,174
	172,872		172,872	139,360

						Unrestricted	Restricted	Total	Total
						income	Income	2022	2021
						Fund	Fund
							E	E	E
Interest	receivable	from	UK	deposit	account	535		535	1,318
						535		535	1,318

			Unrestricted	Restricted	Total	Total
			Income	Income	2022	2021
			Fund	Fund
			E	f	E
Job	retention	scheme				43,075
						43,075

Net inco	me/(	expenditu	re) and n	et movements in funds have	been stated after charging	:
					Total	Total
					2022	2021
					E	E
Depreciation	of	tangible	fixed assets		4,629	3,488
(Profit)/loss	on	fair value	movement	ofinvestments	(104,658)	(252,627)

Analysis ofreso	urces expended
		Total	Total
		2022	2021
		E	E
Cost ofgenerating	funds
Merchandise		4,218	3,822
Events and catering		5,907	1,674
Salaries		139,757	96,248
PR and Marketing		3,560	3,912
Support costs		111,651	82,826
		265,093	188,482

tricted fun	ds was E nil (2021-f nil).
		Direct	Support	Total	Total
		activities	costs	2022	2021
			E	E	E
Charitable	activities
Research		290,072	17,764	307,836	119,846
Info and patient support		364,068	124,338	488,406	418,921
		654,140	142,102	796,242	538,767

alysis ofsup	port costs
			Cost of	Research	Info and	Total
			generating		patient
			funds		supper"t
				E
Bookkeeping	and administration	fees	1,229	196	1,369	2,794
Rent			15,253	2,427	16,985	34,665
Office costs			66,644	10,603	74,218	151,465
Sundry			351	56	391	798
Governance	costs (see note 9)		28,174	4,482	31,375	64,031
			111,651	17,764	124,338	253,753

			Total	Total
			2022	2021
			f	f
Auditor's	remuneration		4,203	3,888
Accountancy		fees	2,788	2,932
Professional		fees	31,251	25,385
Salaries			25,739	27,480
Trustees'	meetings		51	10
			64,032	59,695

				Grants to	Direct	Support	Total
				Institutions	costs	costs
				f	f	E	f
Dr	Yee	Yeh	Goh	246,560			246,560
				246,560			246,560

e average number of pe	rsons employed by the charity during	the year was:
		Total	Total
		2022	2021
Office staff		10
Specialist nurses
Advocacy Officer/Social	Welfare Specialist
		15	13

. Staff costs (continued)
	Total	Total
	2022	2021
	E	E
Gross wages	482,177	410,979
Social security	42,317	34,480
Pension costs	24,041	18,321
	548,535	463,780

12.Tangible	fixed assets	Office	Patient	Total
		equipment	Aids
		E
Cost or valuation
At April 2021		22,765	57,577	80,342
Additions		6,489		6,489
Disposals
At 31March	2022	29,254	57,577	86,831
Depreciation
At April 2021		16,366	53,732	70,098
Charge for the year		2,919	1,710	4,629
Elimination	on disposal
At 31March	2022	19,285	55,442	74,727
Net Book Value
At 31March	2022	9,969	2,135	12,104
At 31March	2021	6,399	3,845	10,244

AR ENDED 31MARCH	AR ENDED 31MARCH	20	22
13.Investments				Total
				2022
Cost or valuation
At 1April 2021				2,328,396
Additions				471
Disposals
Revaluation				104,658
At 31March	2022			2,433,525
Impairment
At 1April 2021and 31		March 2022
Carrying amount
At 31March	2022			2,433,525
At 31March	2021			2,328,396
					Market
				Cost	Value
				31March	31March
				2022	2022
The Trustees'	investments		were made up as	E	f
follows:
CCLA				1,986,652	2,433,525
				1,986,652	2,433,525
				31March	31March
				2022	2021
Investments	at fair value		comprise:	E	E
Equities				1,114,575	1,009,918
Cash with investment		portfolio		1,318,950	1,318,478
				2,433,525	2,328,396

14.Stock
	2022	2021
Finished goods: Merchandise	8,505	7,570
15.Debtors
	2022	2021
	E	E
Trade debtors
Other debtors	22,345	44,993
Accrued income	42,529	198,216
	64,874	243,209

.Cash at bank
			Unrestricted	Restricted	Total	Total
			income	income	funds	funds
			funds	funds	2022	2021
				E	E	E
Cash committed	for	research grant funding
Other cash			339,096		339,096	191,470
			339,096		339,096	191,470
.Creditors: amounts		falling due within one year
					2022	2021
					E	E
Accrual for Research		grants			209,801	421,998
Other taxation	and	social security			10,722	10,159
Other creditors					19,264	10,360
					239,787	442,517

2022	2021
E	E
239,365	229,971

. Reconciliation o	fne	t move	ment in funds to net cash flo	w from operating activities
				Total	Total
				funds	funds
				2022	2021
Movement in net funds				270,551	428,973
Depreciation oftangible		fixed	assets	4,629	3,488
Interest receivable				(535)	(1,318)
(Gains)/losses on investments				(104,658)	(252,627)
Decrease/(Increase)	in	stocks		(935)	658
Decrease/(Increase)	in	debtors		178,335	(45,858)
Increase/(Decrease)	in	creditors		(193,336)	(159,928)
Net cash flow from	operating		activities	154,051	(26,612)

at 31 lows:	Marc	h 2022 the total minimum lease payme	nts under non-cancellable operating le	ases was a
			Total	Total
			funds	funds
			2022	2021
Within	one	year	2,404	2,404
Within	one	to five years	5,320	7,724
			7,724	10,128

				Research	Nurse	Regional	Other	Total	Total
					specialists	Core		2022	2021
				6	E	E
Brought forward		funds		244,710				244,710	305,952
Income arising	in	the year		284,017	98,885	26,076	65,386	474,364	205,819
Expenses paid	during the year			(246,560)	(98,885)	(26,076)	(65,386)	(436,907)	(267,061)
Carried forward	funds			282,167				282,167	244,710
.Analysis offunds
					At 1April	Incoming	Resources	Gains	At 31
					2021	resources	expended	and	March
								losses	2022
						E	E
Analysis ofmovements			in funds
Unrestricted fund					1,863,691	752,864	(624,428)	104,658	2,096,785
Restricted fund					244,710	474,364	(436,907)		282,167

		Fixed	Net	Non-	Total
		assets	current	current
			assets	creditors
				E	E
Unrestricted	fund	1,714,296	382,489		2,096,785
Restricted fund		731333	(209,801)	(239,365)	282,167
		2,445,629	172,688	(239,365)	2,378,952

tially reco	gnised at transaction value and subsequ	ently measured at their amortised cost.
Financial	assets	2022	2021
Trade debtors
Other debtors		22,345	44,993
		22,345	44,993
Financial	liabilities	2022	2021
		E	E
Research	grants	449,167	651,969
Other creditors		29,986	20,519
		479,153	672,488

ir transaction value and subsequently measure e closing quoted market price:	d at their fair value as at the balance she	et date using
Financial assets	2022	2021
	E	E
Investments	2,433,525	2,328,396