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2021-03-31-accounts

onations:
inrespectofyear	ended:	Received (8)	Date ofreceipt	Donations paid (8)	Date of payment
31 March 2013		492,829	27 Sep 2013	492,029	3Oct 2013
31 March 2014		1,593,867	5Sep 2014	1,592,474	9Sep 2014
31 March 2015		2,209,638	17Sep 2015	2,209,000	17Sep 2015
31 March 2016		2,375,804	15Sep 2016	2,371,000	15Sep 2016
31 March 2017		2,375,804	21 Sep 2017	2,385,804	27 Sep 2017
31 March 2018		2,375,804	16Aug 2018	2,514,070	21 Sep 2018
31 March 2019		2,375,804	20 Sep 2019	2,563,797	24 Sep 2019
31 March 2020		2,632,809	19Jun 2020	2,870,000	1 Jul 2020
31 March 2021		2,691,553	30Jun 2021	279,500	7Jul 2021

For the year	ended 31 March	2021
				Yearended	Year ended	Year ended	Year ended
				31 March	31 March	31 March	31 March
				2021	2021	2021	2020
				Restricted	Unrestricted	Total	Total
				Funds	Funds	Funds	Funds
			Note
Income from:
Donations				28,988	2,789,388	2,818,376	2,632,809
Investment	Income				29	29	5,748
Total Income				28,988	2,789,417	2,818.405	2,638,557
Expenditure	on:
Charitable activities			4, 5	28,988	468,755	497,743	3,040,052
Total expenditure				28,988	468,755	497,743	3,040,052
Net income/(expenditure					2,320,662	2,320,662	(401,495)
Net income/(expenditure)		for year after
tax					2,320,662	2,320,662	(401,495)
Reconciliation offunds:
Total funds	brought forward	at start ofyear	15		321,090	321,090	722,588
Total funds	carried forward	at end of	15		2,641,752	2,641,752	321,090
year

BALANCE SHEET	BALANCE SHEET
As at 31 March 2021
				As at	As at
				31March 2021	31 March 2020
				Total Funds	Total Funds
			Note	E	E
Fixed Assets
Investment
Current Assets
Debtors			10	3,012,948	2,916,468
Cash at bank and	in hand			156,024	213,676
Total current assets				3,168,972	3,130,144
Creditors: amounts		falling due
within one year				(326,220)	(2,689,053)
Net Current Assets				2,842,752	441,090
Creditors: amounts		falling due after
more than one year			11	(201,000)	(120,000)
Total Assets less	Current Liabilities			2,641,752	321,090
The funds ofthe charity:
Restricted income	funds
Unrestricted income		funds		2,641,752	321,090
Total Funds				2,841,752	321,090

		Note	2021f	2020f
Net cash flows from operating		13
activities			(57,652)	(702,212)
Net decrease in cash and	cash
equivalents			(57,852)	(702,212)
Cash and cash equivalents	at
beginning ofyear			213,878	915,888
Cash and cash equivalents	at the
end ofthe year			156,024	213,676

he allocation	ofthese s	upport cos	ts is shown in	the table belo	w
Year ended	31 March	2021	Charitable	Activities	Other Expenditure		Total
						6
Support and	Other Costs:
Governance	(see Note	6)		54,910			54,910
Total Support and Other
Expenditure				54,910			54,910
Institutional Donations		Payable
(see Note 4)				442,833			442,833
Total Expenses				497,743			497,743
Year ended	31 March	2020	Charitable	Activities	Other Expenditure		Total
						6
Support and	Other Costs:
Governance	(see Note	6)		6,719			6,719
Total Support and Other
Expenditure				6,719			6,719
Institutional Donations		Payable
(see Note 4)				3,033,333			3,033,333
Total Expenses				3,040,052			3,040,052

n analysis ofg	ove	rnance costs	is as follows:
				2021	2020
					6
Statutory Audit	fees			4,920	4,920
Legal fees					780
Insurance costs				784	787
Other professional		fees		120	120
Administrative	support provided		by Syncona
(see Note 7)				49,086
Trustee expenses					87
Bank charges					25
				54,910	6,719

		2021f	2020
Due within	one year
Receivable	from Syncona GP (see Note 2)	2,691,552	2,632,809
Other debtors		321,000	283,333
Prepayments		396	326
		3,012,948	2,916,468

NOTES TO THE FINANCIAL STA	NOTES TO THE FINANCIAL STA	TEMENTS
For the year ended 31 March 2021
11. Creditors
			2021	2020
				6
Due within one	year:
Charity donations	payable		320,500	2,663,333
Trade and other	creditors
Audit fee			5,720	5,720
			326,220	2,689,053
Due after more	than one year:
Charity donation	payable (see
Note 12)			201,000	120,000
			201,000	120,000
12. Funding	commitments
At 31 March 2021,the Foundation		had committed	to make the following donations,	which are considered
a liability:
			2021f	2020
Due within one	year:
The Ella Project			100,000
Generating Genius			100,500
Heritage of London Trust			30,000	30,000
Place2Be			60,000	60,000
Matt Hampson Foundation			30,000	30,000
Trinity College, Cambridge				10,000
The Listening Place				33,333
			320,500	163,333
Due after more	than one year
Heritage of London Trust				30,000
Place2Be				60,000
Matt Hampson Foundation				30,000
Generating Genius			201,000
			201,000	120,000

For	the year ended 31 March 2	021	021
13.	Reconciliation ofnet	movement		in funds to net cashflow from operating		activities
					2021	2020
					6	6
Net	expenditure for the year				2,320,662	(401,495)
Net	income before movement	in	working capital		2,320,662	(401,495)
Decrease/(increase) in debtors					(96,480)	(473,587)
(Decrease)/increase in creditors					(2,281,833)	172,870
Net	cash flows from operating		activities		(57,652)	(702,212)

5. Analysis ofchari	5. Analysis ofchari	table funds
Analysis of Fund		Fund brought	Income	Expenditure	Fund carried
movements		forward at		(including	forward at
		1 April 2020f	6	taxation) 6	31 March 2021 6
(a) Restricted (b) Unrestricted	Funds Funds	321,090	28,988 2,789,417	(28,988) (467,755)	2,641,752
		321,090	2,818,405	(496,743)	2,641,752