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|onations:||||
|---|---|---|---|
|In respect ofyear ended:|Received (f)|Date of receipt|Donations
paid (8)|
|31 March 2013|492,829|27Sep 2013|492,029|
|31 March 2014|1,593,867|5Sep 2014|1,592,474|
|31 March 2015|2,209,638|17Sep2015|2,209,000|
|31 March 2016|2,375,804|15Sep 2016|2,371,000|
|31 March 2017|2,375,804|21 Sep 2017|2,385,804|
|31 March 2018|2,375,804|16Aug 2018|2,514,070|
|31 March 2019|2,375,804|20Sap 2019|2,563,797|
|31 March 2020|2,632,809|19Jun 2020|2,870,000|
|31 March 2021|2,691,553|30Jun 2021|279,500|
|31 March 2022|2,428,478|30June 2022|2,613,697|
|31 March 2023|4,621,843|28June 2023|2,340,500|
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|For the yea|r|ended|31 March 2023||||||
|---|---|---|---|---|---|---|---|---|
||||||Yearended|Year ended|Year ended|Yearended|
||||||31 March|31 March|31 March|31 March|
||||||2023|2023|2023|2022|
||||||Restricted|Unrestricted|Total|Total|
||||||Funds|Funds|Funds|Funds|
|||||Note|||||
|Income from:|||||||||
|Donations
Investment||Income||||4,670,993
200|4,670,993
200|2,490,138|
|Total Income||||||4,671,193|4,671,193|2,490,138|
|Expenditure||on:|||||||
|Charitable|activities|||4, 5||2,542,171|2,542,171|2,883,258|
|Total expenditure||||||2,542,171|2,542,171|2,883,258|
|Net income/(expenditure)||||||2,129,022|2,129,022|(393,120)|
|Reconciliation
offunds:|||||||||
|Total funds||brought|forward at start ofyear|15||2,248,632|2,248,632|2,641,752|
|Total funds||carried|forward at end of|15||4,377,654|4,377,654|2,248,632|
|year|||||||||
##
##
|BALANCE SHEET|BALANCE SHEET|||||
|---|---|---|---|---|---|
|As at 31 March 2023||||||
|||||As at|As at|
|||||31March 2023|31 March 2022|
|||||Total Funds|Total Funds|
||||Note|6|6|
|Fixed Assets||||||
|Investment||||||
|Current Assets||||||
|Debtors|||10|4,849,161|2,883,379|
|Cash at bank and|in|hand||38,393|52,973|
|Total current assets||||4,887,554|2,936,352|
|Creditors: amounts||falling due||||
|within one year||||(282,900)|(233,220)|
|Net Current Assets||||4,604,654|2,703,132|
|Creditors: amounts||falling due after||||
|more than one year|||11|(227,000)|(454,500)|
|Total Assets less|Current Liabilities|||4,377,654|2,248,632|
|The funds ofthe charity:||||||
|Restricted
income|funds|||||
|Unrestricted
income||funds||4,377,654|2,248,632|
|Total Funds||||4,377,654|2,248,632|
##
##
|||Note|2023|2022|
|---|---|---|---|---|
||||8|8|
|Net cash Rows from operating|||||
|activities|||(14,580)|(103,051)|
|Net decrease
In cash and|cash||||
|equivalents|||(14,580)|(103,051)|
|Cash and cash equivalents|at||||
|beginning cfyear|||52,973|156,024|
|Cash and cash equivalents|at the||||
|end ofthe year|||38,393|52,973|
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|An analysis|ofannual
charitable|ofannual
charitable|donations|donations|is shown|is shown|below:|||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||2023||2023|2022||2022||
|Charitable|activities:||Donations|||to|Donations to|Donations|to|Donations|to|
|||||institutions|||individuals|institutions||individuals||
|||||||L|F||6||6|
|Charitable|organisations||||2,487,500|||2,815,697||||
|Total|||||2,487,500|||2,815,697||||
||||||||2023|||2022||
|Allocation|ofinstitutional|donations||payable|||5|||E||
|Donations|to core chadities|||||||||||
|Restricted||||||||||||
|Unrestricted|||||||2,340,500||2,613,697|||
|Donations|to other charities:|||||||||||
|Business|Beats Cancer Guernsey||||||17,000|||17,000||
|Heritage of London Trust|||||||30,000|||60,000||
|Komunitni|Centrum
Kampa||||||10,000|||||
|Lady Garden Foundation|||||||50,000|||||
|Macmillan|Cancer Support||||||10,000|||||
|Matt Hampson
Foundation|||||||30,000|||60,000||
|Place2Be||||||||||60,000||
|Trinity College, Cambridge||||||||||5,000||
|Total charitable
donation||for|year||||2,487,500||2,815,697|||
##
|he allocation ofthese|support cos|ts is shown
in|the table belo|w:|||
|---|---|---|---|---|---|---|
|Year ended 31 March|2023|Charitable|Activities|Other Expenditure||Total|
||||6||6||
|Support and Other Costs:|||||||
|Governance (see Note|6)||54,671|||54,991|
|Total Support and Other|||||||
|Expenditure|||54,671|||54,991|
|Institutional
Donations|Payable||||||
|(see Note 4)|||2,487,500|||2,487,500|
|Total Expenses|||2,542,171|||2,542,491|
|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|
##
|n analysis|ofg|over|nan|ce
costs|isas follows:|||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||||6|E|
|Statutory|Audit|fee||||4,600|4,920|
|Insurance|costs|||||771|861|
|Other professional|||fees|||120|120|
|Administrative||support||provided|by Syncona|||
|(see Note|2)|||||49,150|61,660|
|Bank charges||||||30||
|||||||54,671|67,561|
##
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|||2023|2022|
|---|---|---|---|
|||6|6|
|Due within|one year|||
|Receivable|from Syncona GP (see Note 2)|4,621,843|2,428,478|
|Other debtors||227,000|454,500|
|Prepayments||318|401|
|||4,849,161|2,883,379|
##
|NOTES TO THE FINANCIAL STATEMENTS|NOTES TO THE FINANCIAL STATEMENTS|NOTES TO THE FINANCIAL STATEMENTS|||
|---|---|---|---|---|
|For the year ended 31 March 2023|||||
|11.
Creditors|||||
||||2023|2022|
|||||5|
|Due within one year:|||||
|Charity
donations
payable|(see||||
|Note 12)|||277,500|227,500|
|Trade and other creditors|||||
|Statutory
Audit fee|||5,400|5,720|
||||282,9000|233,220|
|Due after more than one year:|||||
|Charity donations
payable (see|||||
|Note 12)|||227,000|454,500|
||||227,000|454,500|
|12.
Funding
commitments|||||
|At 31 March 2023, the Foundation||had committed|to make the following
donations,|which are considered|
|a liability:|||||
||||2023|2022|
||||5|E|
|Due within one year:|||||
|Generating
Genius|||100,500|100,500|
|Heritage of London Trust|||30,000|30,000|
|Lady Garden
Foundation|||50,000||
|Matt Hampson
Foundation|||30,000|30,000|
|Royal Marsden Cancer Charity|||50,000|50,000|
|Business Beats Cancer Guernsey|||17,000|17,000|
||||277,500|227,500|
|Due after more than one year|||||
|Generating
Genius||||100,500|
|Heritage ofLondon Trust|||30,000|60,000|
|Matt Hampson
Foundation|||30,000|60,000|
|Royal Marsden Cancer Chadity|||150,000|200,000|
|Business Beats Cancer Guernsey|||17,000|34,000|
||||227,000|454,500|
|13.|Reconciliation|ofnet movement|ofnet movement|in funds to net cashflow from operating|activities|
|---|---|---|---|---|---|
|||||2023f|2022f|
|Net|income/(expenditure)|for the|year|2,129,022|(393,120)|
|Net|income/(expenditure)|before|movement|in||
|working
capital||||2,129,022|(393,120)|
|(Increase)/decrease
in||debtors||(1,965,782)|129,569|
|(Decrease)/increase
in||creditors||(177,820)|160,500|
|Net|cash flows from operating||activities|(14,580)|(103,051)|
|14.|Related parties|||||
##
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|Year ended 31 March 2023|Year ended 31 March 2023||||||
|---|---|---|---|---|---|---|
|Analysis of Fund||Fund brought|Income|Expenditure||Fund carried|
|movements||forward at||(including||forward at|
|||1 April 2022f|f|taxation)|f|31March 2023
f|
|(a) Restricted|Funds||||||
|(b) Unrestricted|Funds|2,248,632|4,671,193|(2,542,171)||4,377,654|
|||2,248,632|4,671,493|(2,542,171)||4,377,654|
|Year ended 31|March 2022||||||
|Analysis of Fund||Fund brought|Income|Expenditure||Fund carried|
|movements||forward at||(Including||forward at|
|||1April 2021f|f|taxatlon)|f|31 March 2022
f|
|(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|
##