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2022-03-31-accounts

In	respect	ofyear ended:	Received (2)	Date of receipt	Donations paid (E)	Date of payment
31 31 31 31 31 31 31 31	March March March March March March March March	2013 2014 2015 2016 2017 2018 2019 2020	492,829 1,593,867 2,209,638 2,375,804 2,375,804 2,375,804 2,375,804 2,632,809	27 Sep 2013 5Sep 2014 17Sep 2015 15Sep 2016 21 Sep 2017 16Aug 2018 20 Sep 2019 19Jun 2020	492,029 1,592,474 2,209,000 2,371,000 2,385,804 2,514,070 2,563,797 2,870,000	3Oct 2013 9Sap 2014 17Sep 2015 15Sep 2016 27 Sap 2017 21 Sep 2018 24 Sep 2019 1 Jul 2020
31 31	March March	2021 2022	2,691,553 2,428,478	30Jun 2021 30June 2022	279,500 2,613,697	7Jul 2021 19July 2022

				Year ended	Year ended	Year ended	Year ended
				31 March	31 March	31 March	31 March
				2022	2022	2022	2021
				Restricted	Unrestricted	Total	Total
				Funds	Funds	Funds	Funds
			Note
Income from:
Donations Investment Income					2,490,138	2,490,138	2,818,376 29
Total Income					2,490,138	2,490,138	2,818,405
Expenditure on:
Charitable activities			4, 5		2,883,258	2,883,258	497,743
Total expenditure					2,883,258	2,883,258	497,743
Net (expenditure)/income					(393,120)	(393,120)	2,320,662
Net (expenditure)/income		for year after
tax					(393,120)	(393,120)	2,320,662
Reconciliation offunds:
Total funds brought	forward	at start ofyear	15		2,641,752	2,641,752	321,090
Total funds carried year	forward	at end of	15		2,248,632	2,248,632	2,641,752

BALANCE SHEET	BALANCE SHEET
As at 31 March 2022
					As at	As at
					31 March 2022	31 March 2021
					Total Funds	Total Funds
				Note
Fixed Assets
Investment
Current Assets
Debtors				10	2,883,379	3,012,948
Cash at bank and	in	hand			52,973	156,024
Total current assets					2,936,352	3,168,972
Creditors: amounts		falling due
within one year					(233,220)	(326,220)
Net Current Assets					2,703,132	2,842,752
Creditors: amounts	falling due after
more than one year					(454,500)	(201,000)
Total Assets less	Current		Liabilities		2,248,632	2,641,752
The funds ofthe charity:
Restricted income	funds
Unrestricted income		funds			2,248,632	2,641,752
Total Funds					2,248,632	2,641,752

		Note	2022	2021
Net cash flows from operating		13
activities			(103,051)	(57,652)
Net decrease in cash and	cash
equivalents			(103,051)	(57,652)
Cash and cash equivalents	at
beginning ofyear			156,024	213,676
Cash and cash equivalents	at the
end ofthe year			52,973	156,024

An analysis ofannual charitable	An analysis ofannual charitable	donations	donations	is shown	below:
				2022	2022	2021		2021
Charitable activities:		Donations to			Donations to	Donations	to	Donations	to
			institutions		individuals	institutions		individuals
				E			E		E
Charitable organisations				2,815,697		442,833
Total				2,815,697		442,833
					2022			2021
Allocation of institutional	donations		payable
Donations to core charities
Restricted								28,988
Unrestricted					2,613,697			250,512
Donations to other charities:
The Listening Place								33,333
Heritage of London Trust					60,000			30,000
Place2Be					60,000			60,000
Matt Hampson Foundation					60,000			30,000
Trinity College, Cambridge					5,000			10,000
Business Beats Cancer Guernsey					17,000
Total charitable donation	for	year			2,815,697			442,833

he allocation ofthese	support cos	ts is shown in	the table belo	w:
Year ended 31 March	2022	Charitable	Activities	Other Expenditure	Total
Support and Other Costs:
Governance (see Note	6)		67,561		67,561
Total Support and Other
Expenditure			67,561		67,561
Institutional Donations	Payable
(see Note 4)			2,815,697		2,815,697
Total Expenses			2,883,258		2,883,258
Year ended 31 March	2021	Charitable	Activities	Other Expenditure	Total
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

6. Governance cost	6. Governance cost	6. Governance cost	s
An analysis ofgovernance			costs	is as follows:
					2022f	2021
Statutory Audit fees					4,920	4,920
Legal fees
Insurance costs					861	784
Other professional	fees				120	120
Administrative support		provided		by Syncona
(see Note 7)					61,660	49,086
Trustee expenses
Bank charges
					67,561	54,910

redeemable Deferred Share has no other rights to asse liquidation of Syncona and carries a right to vote only Syncona in issue.	redeemable Deferred Share has no other rights to asse liquidation of Syncona and carries a right to vote only Syncona in issue.	ts or dividends, except to pa if there are no other classes	yment of P1 on th of voting share
10. Debtors
		2022	2021
		F	f
Due within	one year
Receivable	from Syncona GP (see Note 2)	2,428,478	2,691,552
Other debtors		454,500	321,000
Prepayments		401	396
		2,883,379	3,012,948

NOTES TO THE FINANCIAL STATEMENTS	NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2022
11. Creditors
		2022	2021f
Due within one	year:
Charity donations	payable	227,500	320,500
Trade and other	creditors
Audit fee		5,720	5,720
		233,220	326,220
Due after more than one year:
Charity donation	payable (see
Note 12)		454,500	201,000
		454,500	201,000

t 31 March 202 liability:		2, the Foundation had committed	to make the following donations,	which are consid
			2022	2021
Due within one		year:
Generating Genius			100,500	100,500
The Ella Project				100,000
Heritage of London Trust			30,000	30,000
Place2Be				60,000
Matt Hampson	Foundation		30,000	30,000
Royal Marsden		Cancer Charity	50,000
Business Beats		Cancer Guernsey	17,000
			227,500	320,500
Due after more		than one year
Generating Genius			100,500	201,000
Heritage of London Trust			60,000
Matt Hampson	Foundation		60,000
Royal Marsden		Cancer Charity	200,000
Business Beats		Cancer Guernsey	34,000
			454,500	201,000

Reconciliatio	n	ofnet m	ovement	in funds	to net cashflow from op	erating activities
					2022	2021
Net (expenditure)/income		for the	year		(393,120)	2,320,662
Net (expenditure)/income		before	movement	in
working capital					(393,120)	2,320,662
Decrease/(increase)	in	debtors			129,569	(96,480)
Increase/(decrease)	in	creditors			160,500	(2,281,833)
Net cash flows from	operating		activities		(103,051)	(57,652)

5. Analysis ofchari	5. Analysis ofchari	table funds
Analysis of Fund movements		Fund brought forward at 1 April 2021	Income	Expenditure (including taxation)	Fund carried forward at 31 March 2022
(a) Restricted	Funds
(b) Unrestricted	Funds	2,641,752	2,490,138	(2,883,258)	2,248,632
		2,641,752	2,478,478	(2,871,598)	2,248,632