| Project | Name | Name | Research/Institution | or Company | Project Status | Total Grant Award |
|
|---|---|---|---|---|---|---|---|
| em Cells | niversity ofMinnesota | ONGOING | 140,000 | ||||
| Vitamin | B3 | Leiden Univetsity | Complete | 10,000 | |||
| acklin | fibrosis | and muscle re eneration | gada Biosciences | Terminated | 25,000 | ||
| Dr Olivier Dorchies | |||||||
| Re u | osin | Dru | s | ONGOING | 25,000 | ||
| University ofGeneva |
| Project Name | Project Name | Research/Institution or Company |
Project Status | Total Grant Award |
|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dr Peter Arthur, Senior Lecturer | COMPLETE | ||||||||||
| aurine | e Univetuity ofWestern Australia |
018-2020 | 50,000 | ||||||||
| Dr Lee Borthwich, | ONGOING | ||||||||||
| Fibrosis | niversity ofNewcastle | 2018-2019 | KI0,000 | ||||||||
| ew wa sof delivmdn | Gene | There | EVOX Therapeutics | TERMINATE | 200,000 | ||||||
| rof Steve Winder | COMPLETE | ||||||||||
| nvestigating | soy products | as | a treatment for DMD | University ofSheffield | 2018-2019 | 30,500 | |||||
| Preclinical | study | ofthe | combination | oftamoxi fan, L-citrulline | and | Dr Olivier Dorchies | ONGOING | 200,000 | |||
| etfonnin | ntverstty ofGeneva | 2018-2020 | |||||||||
| Dr Addolorata Pisconti |
COMPLETE | ||||||||||
| Use ofElastase | Inhibitors | toTreat DMD | University ofLive/pool | 2017-2018 | '36,365 | ||||||
| sassing | the preclinical | therapeutic | impact ofcannabidiol | for | Dr Keith Foster | COMPLETE | 6213.09 | ||||
| MD | he Universi ofReadin |
2014-2016 | |||||||||
| e Duchcnne | Forum | Muscular Dystrophy Campaign |
COMPLETE | 55,346 | |||||||
| Su ortin |
8 basic research | ro'acts | 2014-2017 |
| FORTH | E YEAR ENDED 30AP | RIL 2021 | ||
|---|---|---|---|---|
| 30.4.21 | 30.420 | |||
| Unrestricted | Total | |||
| fund | funds | |||
| Notes | g | |||
| INCOME AND ENDOWMENTS FROM Donations and legacies |
44,590 | 151,844 | ||
| Other trading activities Investment income |
142,423 155 |
217,852 586 |
||
| Total | 187,168 | 370,282 | ||
| EXPENDITURE ON Raising funds |
68,323 | 152,992 | ||
| Charitable activities Funding research |
434,323 | 335,328 | ||
| Other | ~277 073) | ~747 312 | ||
| Total | 225,573 | 1,235,632 | ||
| NKT INCOME/(EXPENDITURE) | (38,405) | (865,350) | ||
| RECONCILIATION | OF FUNDS | |||
| Total funds brought | forward | 2,993,539 | 3,858,889 | |
| TOTAL FUNDS CARRIED FORWARD | ~2955 134 | ~2993 539 |
| BALANCE SHEET 30APRIL 2021 |
|||
|---|---|---|---|
| 30.421 | 30.420 | ||
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | |||
| FIXEDASSETS | |||
| Tangible assets Social investments |
12 13 |
255 ~592 60 |
318 ~315187 |
| 592,515 | 315,505 | ||
| CURRENT ASSETS | |||
| Stocks | 14 | 322 | 322 |
| Debtors | 15 | 85 | 85 |
| Cash at bank | ~2367631 | ~2686 183 | |
| 2,368,038 | 2,686,590 | ||
| CREDITORS | |||
| Amounts falling due within one year |
16 | (5,419) | (8,556) |
| NET CURRENT ASSETS | ~2362619 | ~2678 034 | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 2,955,134 | 2,993,539 | |
| NET ASSETS | ~2 955 134 | 2 993539 | |
| FUNDS | 17 | ||
| Unrestricted funds |
~2955 134 | ~2993 539 | |
| TOTAL FUNDS | ~2 955 134 | 2 993539 |
| JOINING JACK | JOINING JACK | |||||
|---|---|---|---|---|---|---|
| CASH FLOW STATEMENT | ||||||
| FORTHE YEARENDED 30APRIL 2021 | ||||||
| 30.421 | 30.4.20 | |||||
| Notes | f. | |||||
| Cash flows from operating activities Cash generated from operations |
~318706) | ~119869) | ||||
| Net cash used in opemting | activities | ~41 | 633) | 119869 | ||
| Cash flows*om investing | activities | |||||
| Interest received | 155 | 586 | ||||
| Dividends received |
~256 918 | |||||
| Net cash provided by investing | activities | 155 | ~257 504 | |||
| Change in cash and cash | equivalents | in | ||||
| the reporting period |
(318,552) | 137,635 | ||||
| Cash and cash equivalents | at | the | ||||
| beginning ofthe reporting |
period | ~2686 | 183 | 2 548 548 | ||
| Cash and cash equivalents | at | the end | of | |||
| the reporting period |
2367637 | ~2686 183 |
| ACTIVITPE1S | |||
|---|---|---|---|
| 30.4.21 | 30,4.20 | ||
| f. | |||
| Net expenditure for the reporting |
period (as per the Statement of | ||
| Financial Activities) Adfustments for: |
(38,405) | (865,350) | |
| Depreciation charges |
64 | 80 | |
| Losses/(gain) on investments Interest received Dividends received Decrease in stocks |
(277,073) (155) |
1,000,816 (586) (256,918) 8 |
|
| (Decmase)/increase in creditors |
~3137 | ~2081 | |
| Net cash used in operations | ~318706) | ~119869) |
| At 1.5.20 | Cash flow | At 30.4.21 | |
|---|---|---|---|
| Net cash | |||
| Cash at bank | 2 686 183 | ~318552) | 2 367631 |
| 2 686 183 | ~318552) | ~267631 | |
| Total | 2 686 183 | ~318332 | 2367631 |
| 30.421 | 30.4.20 | ||||
|---|---|---|---|---|---|
| Donations | ~44 590 | 151844 | |||
| 3. | OTHER TRADING ACTIVITIES | ||||
| 30.421 | 30.4.20 | ||||
| Fundraising | events | 142,423 | 217,672 | ||
| Merchandise | sales | 180 | |||
| ~142 423 | ~217852 | ||||
| 4. | INVESTMENT INCOME | ||||
| 30.4.21 | 30.4.20 | ||||
| g | |||||
| Deposit account interest | 155 | 586 | |||
| RAISING FUNDS | |||||
| Raising donations | and legacies | ||||
| 30.4.21 | 30.4.20 | ||||
| Statfcosts | 53,725 | 51,935 | |||
| Rent | 2,400 | 2,400 | |||
| Fundraising | costs | 17,762 | 5,169 | ||
| Travel costs | 3,142 | ||||
| Postage, stationery | and sundry | 864 | 1,619 | ||
| Computer costs | 1,986 | 1,572 | |||
| Depreciation | 64 | 80 | |||
| Government | Grants | (12,197) | |||
| Support costs | 4 630 | ||||
| ~69 234 | 65917 | ||||
| 6. | CHARITABLE ACTIVITIES COSTS | ||||
| Grant | |||||
| fundiag of | |||||
| activities | |||||
| (see note | |||||
| 7) | |||||
| Funding research | 434323 |
| 7. | GRANTS | PAYABLE | |||||
|---|---|---|---|---|---|---|---|
| 30.421 | 30.4.20 | ||||||
| g | |||||||
| Funding research |
~434 323 | ~335 328 | |||||
| The total grants paid to | institutions | during the year was as follows: | 30.4.21 | 30.4.20 | |||
| Newcastle Duchenne |
University UK Grant Call |
434/23 | 15,328 200,000 |
||||
| Catabasis | 100,000 | ||||||
| Testosterone | 10,000 | ||||||
| Adult Hub | ~10000 | ||||||
| ~434 323 | 335328 | ||||||
| 8. | SUPPORT COSTS | ||||||
| Governance | |||||||
| costs | |||||||
| Raising donations and |
legacies | ~4630 | |||||
| Support costs, included | in the above, are as follows: | 30.4.21 | 30.4.20 | ||||
| Raising | |||||||
| donations | |||||||
| and | Total | ||||||
| legac1es | activities | ||||||
| Auditom' | remuneration | 4,090 | 3,414 | ||||
| Auditors' | remuneration | for non audit work | 360 | ||||
| Accountancy and legal |
fees | 180 | |||||
| ~4630 | ~3414 | ||||||
| 9. | AUDITORS' REMUNERATION | 30.4.21 | 30.420 | ||||
| g | |||||||
| Fees payable to the charity's auditors for the audit ofthe charity's statements |
financial | 4,090 | 3,414 | ||||
| Auditors' | remuneration | for non audit work | 360 |
| 11. | There were no truste STAFF COSTS |
es' expen | ses pa | id for th | e year | ended 30 April 2021 nor for t | he year ended 30 | April 2020. |
|---|---|---|---|---|---|---|---|---|
| 30.421 | 30.420 | |||||||
| Wages and salaries | ~53 725 | ~51935 | ||||||
| ~53 725 | ~51 935 | |||||||
| The avemge monthly | number | ofemployees | during | the year was as follows: | ||||
| 30.4.21 | 30.4.20 | |||||||
| Costs ofgenerating | voluntary | income | 2 | 2 | ||||
| Research and campaigning | 1 | 1 | ||||||
| 3 | ||||||||
| No employees received emoluments |
in excess off60,000. | |||||||
| 12. | TANGIBLE FIXEDASSETS | |||||||
| Fixtures | ||||||||
| and | ||||||||
| Btiings | ||||||||
| COST | ||||||||
| At 1 May 2020 and | 30April | 2021 | ~1461 | |||||
| DEPRECIATION | ||||||||
| At 1May 2020 Charge for year |
1,143 63 |
|||||||
| At 30April 2021 | ~1206 | |||||||
| NET BOOKVALUE | ||||||||
| At 30April 2021 | 255 | |||||||
| At 30April 2020 | 318 |
| STOCKS | ||||
|---|---|---|---|---|
| 30.421 | 30.4.20 | |||
| 322 | 322 | |||
| DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | 30.4.21 | 30.4.20 | ||
| g | g | |||
| Gitt Aid debtor | 85 | 85 | ||
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | 30.4.21 | 30.4.20 | ||
| Trade creditors Taxation and social security Other creditors |
1,999 ~3420 |
2,000 708 5 848 |
||
| ~5419 | ~8556 | |||
| MOVEMENT IN FUNDS | ||||
| Net | ||||
| movement | At | |||
| At 1.5.20 | iu funds | 30.421 | ||
| Unrestricted funds |
||||
| General fund | 2,993,539 | (38,405) | 2,955,134 | |
| TOTAL FUNDS | 2 | 993 539 | ~38405i | 2955 134 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | ln funds | ||
| g | g | |||
| Unrestricted | funds | |||
| General fund | 187,168 | (225,573) | (38,405) | |
| TOTAL FUNDS | ~187 168 | ~225 573) | ~38405) |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.5.19 | in funds | 30.4.20 | ||
| Unrestricted | funds | |||
| General fund | 3,858,889 | (865,350) | 2,993,539 | |
| TOTAL FUNDS | 3 858 889 | ~865350) | 2 993539 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund | 370482 | (1,235,632) | (865,350) | |
| TOTAL FUNDS | ~370 82 |
~1235632) | ~865 50) |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.5.19 | in funds | 30.4.21 | ||
| Unrestricted | funds | |||
| General fund | 3,858,889 | (903,755) | 2,955,134 | |
| TOTAL FUNDS | 3 858 889 | ~903755) | 2 955 134 |
| as follows: | ||||
|---|---|---|---|---|
| Incoming | Resources | Movement | ||
| resollrces | expended | in funds | ||
| g | ||||
| Unrestricted | funds | |||
| General fund | 557,450 | (1,461,205) | (903,755) | |
| TOTAL FUNDS | ~557 450 | (1~461305) | ~903755) |
| FOR THE YEAR ENDED | 30APRIL 2021 | |||
|---|---|---|---|---|
| 30.421 | 30.420 | |||
| INCOME AND ENDOWMENTS | ||||
| Donations and legacies |
||||
| Donations | 44,590 | 151,844 | ||
| Other trading activities | ||||
| Fundraising events Merchandise sales |
142,423 | 217,672 180 |
||
| 142,423 | 217,852 | |||
| Investment income |
||||
| Deposit account interest | 155 | 586 | ||
| Total incoming resources | 187,168 | 370,282 | ||
| EXPENDITURE | ||||
| Raising donations and |
legacies | |||
| Wages Rent Fundraising costs Travel costs Postage, stationery and sundry Computer costs Depreciation offixtures and fittings Government Grants |
53,725 2,400 17,762 864 1,986 64 ~12197) |
51,935 2,400 5,169 3,142 1,619 1,572 80 |
||
| 64,604 | 65 it17 | |||
| Other trading activities |
||||
| Cost ofevents | (911) | 87,075 | ||
| Charitable activities |
||||
| Grants to institutions | 434,323 | 335,328 | ||
| Other | ||||
| Impairment losses for intangi3&le fixed |
assets | (277,073) | 743,898 | |
| Support costs | ||||
| Governance costs |
||||
| Auditors' remuneration Auditors' remuneration |
for non-audit | wortc | 4,090 360 |
3,414 |
| Accountancy and legal |
fees | 180 | ||
| 4 630 | 3 414 | |||
| Total resources expended | ~225 573 | 1 235632 | ||
| Net expenditure | ~38405) | 865350 |