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|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|
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|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||||||||
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|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|
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|||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|
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|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|
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|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|
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|||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|
##
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|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|
##
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|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)|
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|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|
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