# ## ## ## |||Page| |---|---|---| |Trustees'|annual
report|| |Independent
examiner's
report to the trustees||| |Statement|offinancial
activities|| |Statement|offinancial
position|| |Statement|ofcash flows|| |Notes to the financial statements||| ## ## |Reference a|nd adm|inistrative|details|| |---|---|---|---|---| |Registered|charity|name|Medical and Life Sciences Research|Fund| |Charity registration||number|1139383|| |Principal office|||Medical and Life Sciences Research|Fund| ||||University
ofWarwick Science Park|| ||||Barclays Venture Centre|| ||||Sir William
Lyons Road|| ||||Coventry|| |The trustees|||Prof C G Dowson|| ||||Dr A Shehu|| ||||Dr C G Fink|| ||||Dr M Atkins|| |Independent|examiner||Mr KC Varney - ACMA ofVarney Barfield &Co.
6 Corunna
Court|| ||||Corunna
Road|| ||||Warwick|| ||||CV34 5HQ|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Ye|ar en|ded 5April 2|021||| |---|---|---|---|---|---|---|---| ||||||2021||2020| |||||Unrestricted|Restricted||| |||||funds|funds|Total funds|Total funds| ||||Note||||| |Income and endowments|||||||| |Donations
and legacies|||4|484,606|16,000|500,606|73,270| |Total income||||484,606|16,000|500,606|73,270| |Expenditure|||||||| |Expenditure
on raising funds:|||||||| |Costs of raising donations||and|||||| |legacies
Expenditure
on charitable|activities||5
6,7|(78,068)|(16,000)|(94,068)|(523)
(53,263)| |Total expenditure||||(78,068)|(16,000)|(94,088)|(53,786)| |Net income and net movement||in funds||406,538||406,538|19,484| |Reconciliation
offunds|||||||| |Total funds brought
forward||||112,980|4,811|117,791|98,307| |Total funds carried forward||||519,518|4,811|524,329|117,791| ## ## |||Statem|ent|ofFinancial Po|sition||| |---|---|---|---|---|---|---|---| ||||5|April 2021|||| |||||2021||2020|| ||||Note||||| |Current assets|||||||| |Cash at bank and|in|hand||525,649||119,111|| |Creditors: amounts||falling due within|||||| |one year|||15|(1,320)||(1,320)|| |Net current assets|||||524,329||117,791| |Total assets less|current liabilities||||524,329||117,791| |Net assets|||||524,329||117,791| |Funds ofthe charity|||||||| |Restricted
funds|||||4,811||4,811| |Unrestricted
funds|||||519,518||112,980| |Total charity funds|||16||524,329||117,791| ## ## ## |||Yea|r ended 5April 202|1|| |---|---|---|---|---|---| |||||2021|2020| |||||f.|| |Cash flows from operating||activities|||| |Net income||||406,538|19,484| |Adjustments
for:|||||| |Cash generated|from operations|||406,538|19,484| |Net cash from operating
activities||||406,538|19,484| |Net increase
in
Cash and cash|cash and cash equivalents
equivalents
at beginning||ofyear|406,538
119,111|19,484
99,627| |Cash and cash|equivalents|at end ofyear||525,649|119,111| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Donations|and leg|acies||||| |---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total Funds| |||||Funds|Funds|2021| |||||F|F|F| |Donations||||||| |Donations|received|- charitable|purposes|482,840|16,000|498,840| |Donations|received|—fundraising||||| |Donations|received|- overheads||1,766||1,766| |Donations|received|- gift aid||||| |||||484,606|16,000|500,606| |||||Unrestricted|Restricted|Total Funds| |||||Funds|Funds|2020| |Donations||||||| |Donations|received|- charitable|purposes|64,850|6,029|70,879| |Donations|received|—fundraising||523||523| |Donations|received|- overheads||1,793||1,793| |Donations|received|- gift aid||75||75| |||||67,241|6,029|73,270| ## |Costs of raising donation|s
and legacies||||| |---|---|---|---|---|---| |||Unrestricted|Total Funds|Unrestricted|Total Funds| |||Funds|2021|Funds|2020| ||||||F| |Costs of raising donations|and legacies-||||| |Donations||||523|523| ## ## ## |||||Unrestricted|Restricted|Total Funds| |---|---|---|---|---|---|---| |||||Funds|Funds|2021| |Cancer and cardiovascular
research
activities
Food security and agricultural
research
Bacterial research
Obesity research
Educational
support
Reproduction
research||||F
12,528
2,000
6,700
7,912
31,156|16,000|28,528
2,000
6,700
7,912
31,156| |Neuroscience
research
Support costs||||15,917
1,855||15,917
1,855| |||||78,068|16,000|94,068| |||||Unrestricted|Restricted|Total Funds| |||||Funds|Funds|2020| |Cancer and cardiovascular
research
activities
Food security and agricultural
research
Bacterial research
Obesity research||||7,893
13,800|6,029
2,000|6,029
7,893
15,800| |Educational
support
Reproduction
research
Neuroscience
research||||13,686
7,988||13,686
7,988| |Support costs||||1,867||1,867| |||||45,234|8,029|53,263| ## |Expenditure
on charitable||activities
b|y activity type|||| |---|---|---|---|---|---|---| ||||Grant funding
ofactivities|Support costs|Total funds
2021|Total fund
2020| |Cancer and cardiovascular|research||F|||| |activities
Food security and agricultural
Bacterial research
Obesity research
Educational
support
Reproduction
research
Neuroscience
research
Governance
costs||research|28,528
2,000
6,700
7,912
31,156
15,917|1,855|28„528
2,000
6,700
7,912
31,156
15,917
1,855|6,029
7,893
15,800
13,686
7,988
1,867| ||||92,213|1,855|94,068|53,263| ## ## ## |Notes to the F
Year|inancial Statements
ended 5 April 2021|(continued)|| |---|---|---|---| |Analysis ofgrants|||| |||2021|2020| |||f.|| |Grants to individuals
Cancer and cardiovascular
research activities
Food security and agricultural
research
activities
Bacterial research
activities
Obesity research
activities
Educational
support
Reproduction
research
activities
Neurosciences
research
activities||28,528
2,000
6,700
7,912
31,156
15,917|6,029
7,893
15,800
13,686
7,988| |||92,213|51,396| |||92,213|51,396| ## ||
the School of Life Sciences|
the School of Life Sciences|.|||| |---|---|---|---|---|---|---| |.|Support costs|||||| ||||||2021|2020| ||Accountancy|fees|||1,379
90|1,320
74| ||Bank charge||||386|355| ||Computer costs|||||118| ||Printing,
postage and stationery||||1,855|1,867| |10.|Independent|examination|fees|||| ||||||2021|2020| ||||||f|| ||Fees payable
Independent|to the independent
examination
ofthe||examiner for:
financial statements|1,320|1,320| ## ## ## ## ## ## ## ## |||Website| |---|---|---| |||development| |Cost||| |At 6April|2020 and 5April 2021|3,208| |Amortisation||| |At 6April|2020 and 5April 2021|3,208| |Carrying|amount|| |At 5April|2021|| |At 5April|2020|| ## |Tangible|fixed asset|s||| |---|---|---|---|---| ||||Equipment|Total| ||||E|| |Cost||||| |At 6April|2020 and 5April 2021||409|409| |Depreciation||||| |At 6April|2020 and 5April 2021||409|409| |Carrying|amount|||| |At 5April|2021|||| |At 5 April|2020|||| |Creditors: amounts||falling due within one year||| ||||2021|2020| |||||F| |Accruals and deferred||income|1,320|1,320| ## ## |Unrestricted|funds|||||||| |---|---|---|---|---|---|---|---|---| |||||||||At| |||At|6|April 2020|Income|Expenditure||5April 2021| |||||F||||E| |Unrestricted|Fund|||112,980|484,606|(78,068)||519,518| |||At|6|April 2019|Income|Expenditure|At|5 April 2020| |Unrestricted|Fund|||91,496|67,241|(45,757)||112,980| ## ## ## ## ## ## |||||||||||||At| |---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||At 6 April 2020|||Income||Expenditure|5April 2021| ||||||||F|||F|F|| ||Restricted|Fund|||||4,811|||16,000|(16,000)|4,811| ||||||||At 6 April 2019||Income||Expenditure
At 5 April 2020|| ||||||||F|||F|F|| ||Restricted|Fund|||||6,811|||6,029|(8,029)|4,811| ||Restricted|funds relate to donations||||received for the purposes|||of|supporting|particular
research areas|| ||At 5 April|2020, the|charity||held Restricted||Funds for the|following||purposes:
2021||2020| ||||||||||||F|F| ||Cancer and cardiovascular||||research||||||4,811|4,811| |17.|Analysis|ofnet assets between funds||||||||||| |||||||||Unrestricted|||Restricted|Total Funds| |||||||||||Funds|Funds|2021| ||||||||||||F|f.| ||Current assets||||||||520,838||4,811|525,649| ||Creditors|less than|1|year||||||(1,320)||(1,320)| ||Net assets||||||||519,518||4,811|524,329| |||||||||Unrestricted|||Restricted|Total Funds| |||||||||||Funds|Funds|2020| ||||||||||||F|F| ||Current assets||||||||114,300||4,811|119,111| ||Creditors|less than|1|year||||||(1,320)||(1,320)| ||Net assets||||||||112,980||4,811|117,791| |18.|Analysis|ofchanges||in|net debt|||||||| |||||||||At|6Apr 2020||Cash flows|At 5Apr 2021| |||||||||||F|F|F| ||Cash at|bank and|in|hand||||||119,111|406,538|525,649| ## ##