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|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|
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|||||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|
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|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|
##