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|Reference and administrative||details ofthe Company,|its Trustees and advisers||
|Trustees'
report||||2-3|
|Trustees'
responsibilities
statement|||||
|Independent
auditors'|report|on the financial statements||5-7|
|Statement offinancial|activities||||
|Balance sheet||||9-10|
|Statement ofcash flows|||||
|Notes to the financial|statements|||12-22|
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|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2021|2021|2020|
||||Note||E||
|Income from:|||||||
|Donations
and|legacies|||269,350|269,350|1,475,306|
|Charitable
activities||||108,000|108,000|118,500|
|Investments||||29,481|29,481|20,989|
|Other income||||10,690|10,690||
|Total income||||417,521|417,521|1,614,795|
|Expenditure
on:|||||||
|Charitable
activities||||773,535|773,535|774,721|
|Total expenditure||||773,535|773,535|774,721|
|Net movement|in funds|||(356,014)|(356,014)|840,074|
|Reconciliation|offunds:||||||
|Total funds brought||forward||1,589,153|1,589,153|749,079|
|Net movement|in funds|||(356,014)|(356,014)|840,074|
|Total funds carried forward||||1,233,139|1,233,139|1,589,153|
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||||||2021||2020|
|---|---|---|---|---|---|---|---|
||||Note|||||
|Fixed assets||||||||
|Tangible assets|||||15,876||18,277|
||||||15,876||18,277|
|Current assets||||||||
|Debtors|||12|12,730||21,795||
|Cash at bank and in hand||||1,225„051||1,567,003||
|||||1,237,781||1,588,798||
|Creditors: amounts|falling due within one|||||||
|year||||(20,518)||(17,922)||
|Net current assets|||||1,217,263||1,570,876|
|Total assets less current liabilities|||||1,233,139||1,589,153|
|Net assets excluding||pension asset|||1,233,139||1,589,153|
|Total net assets|||||1,233,139||1,589,153|
|Charity funds||||||||
|Restricted funds|||14|||||
|Unrestricted
funds|||14||1,233,139||1,589,153|
|Total funds|||||1,233,139||1,589,153|
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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2021f|2021f|2020f|
|Donations|and gifts|269,350|269,350|1,475,306|
|Total 2020||1,475,306|1,475,306||
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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2021f|2021f|2020f|
|Donated|facility||108,000|108,000|118,500|
|Total 2020|||118,500|118,500||
|Investment||income||||
||||Unrestricted|Total|Total|
||||funds|funds|funds|
||||2021f|2021f|2020|
|Rental income|||27,231|27 231|17,909|
|Interest|receivable||2,250|2,250|3,080|
||||29,481|29,461|20,989|
|Total 2020|||20,989|20,989||
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|||Activities|||
|---|---|---|---|---|
|||undertaken|Total|Total|
|||directly|funds|funds|
|||2021|2021f|2020|
|Charitable
expenditure||773,535|773„535|774,721|
|Total 2020||774,721|774,721||
|Analysis ofdirect costs|||||
||||Total|Total|
||||funds|funds|
||||2021|2020|
|Staff costs|||459,874|439,874|
|Depreciation|||7,092|6,502|
|Other office|costs||148,037|95,879|
|Audit costs|||9,349|8,092|
|Finance costs|||4,274|1,068|
|Insurance|||1,027|1,188|
|Legal and professional|||1,&57||
|Light and heat|||3,270|7,320|
|Rates|||7,541|2,297|
|Student costs|||(3,935)|48,914|
|Memberships|||83|308|
|Entertainment|||1,059|750|
|Motor and travel costs|||1,350|15,598|
|Events costs|||21,564|27,149|
|Conferences|||19|1,642|
|Rent and rates|||108,000|118,500|
|(Profit)/loss|on fixed assets||940|(1,800)|
|Telephone|||2„134|1,440|
||||773,535|774,721|
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|||||2021|2020|
|---|---|---|---|---|---|
|Wages and|salaries|||415,287|376,334|
|Social security costs||||23,901|35,494|
|Contribution|to defined|contribution|pension schemes|20,686|28,046|
|||||459,874|439,874|
|2021|2020|
|---|---|
|No.|No.|
|2021|2020|
|---|---|
|No.|No.|
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||Leasehold|Fixtures and|Computer||
|---|---|---|---|---|
||improvements
f|fittings
f|equipmentf|Totalf|
|Cost or valuation|||||
|At 1 October 2020|9,700|29,585|14,174|53,459|
|Additions|||5,631|5,631|
|Disposals||(1,353)|(3,951)|(5,304)|
|At 30September 2021|9,700|28,232|15,854|53,786|
|Depreciation|||||
|At 1 October 2020|4,477|24,195|6,510|35,182|
|Charge for the year|1,940|1,842|3,310|7,092|
|On disposais||(1,353)|(3,011)|(4,364)|
|At 30September 2021|6,417|24,684|6,809|37,910|
|Net book value|||||
|At 30September 2021|3,283|3,548|9,045|15,876|
|At 30September 2020|5,223|5,390|7,664|18,277|
|Debtors|||||
||||2021f|2020|
|Due within one year|||||
|Trade debtors|||1,745|1,881|
|Other debtors|||3,950|4,340|
|Prepayments
and accrued income|||7,035|15,574|
||||12,730|21,795|
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|||2021f|2020|
|---|---|---|---|
|Trade creditors||743|2,316|
|Other taxation and social security||10,161|9,422|
|Other creditors|||2,084|
|Accruals and deferred|income|9,614|4,100|
|||20,518|17,922|
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|Statemen|t o|ffunds|- curren|t year|||||
|---|---|---|---|---|---|---|---|---|
|||||||||Balance at|
|||||Balance at 1||||30|
|||||October|||Transfers|September|
|||||2020|Income|Expenditure|in/out|2021|
||||||f.||||
|Unrestricted||funds|||||||
|Designated||funds|||||||
|Ergodicity|Economics||||||||
|Research||||204,007|265,732|(319,803)||149,936|
|International||Mathematics|||||||
|Master|||||4,281|(16,793)|60,000|47,488|
|||||204,007|270,013|(336,596)|60,000|197,424|
|General|funds||||||||
|General|Funds - all||funds|1,385,146|147,508|(436,939)|(60,000)|1,035,715|
|Total Unrestricted|||funds|1,589,153|417,521|(773,535)||1,233,139|
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|Analysis|of n|et assets between funds - current ye|ar||
|---|---|---|---|---|
||||Unrestricted|Total|
||||funds|funds|
||||2021|2021|
|||||E|
|Tangible|fixed|assets|15,876|15,876|
|Current|assets||1,237,781|1,237,781|
|Creditors|due|within one year|(20,518)|(20,518)|
|Total|||1,233,139|1,233,139|
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|17.|Reconciliation
of net|Reconciliation
of net|Reconciliation
of net|Reconciliation
of net|movement|movement|in funds|in funds|to|net|cash flow|from operating|from operating|activities||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||||2021f|2020|
||Net
income/expenditure||||for|the|year|(as||per|Statement|of|Financial|||
||Activities)|||||||||||||(356,014)|840,074|
||Adjustments||for:|||||||||||||
||Depreciation||charges|||||||||||7,092|6,502|
||Dividends,|interests
and rents||||from investments||||||||(29,481)|(20,989)|
||Loss/(profit)||on the sale of fixed assets|||||||||||940|(1,800)|
||Decrease|in|debtors|||||||||||9,065|3,066|
||Increase|in creditors||||||||||||2,596|1,045|
||Net cash|provided||by/(used||in) operating|||activities|||||(365,802)|827,898|
|18.|Analysis|of|cash and||cash equivalents|||||||||||
|||||||||||||||2021|2020|
||||||||||||||||E|
||Cash
in hand|||||||||||||1,225,051|1,567,003|
||Total cash and cash||||equivalents|||||||||1,225,051|1,567,003|
|19.|Analysis|of|changes||in net|debt||||||||||
||||||||||||||At 1||At 30|
||||||||||||||October||September|
||||||||||||||2020|Cash flows|2021|
||||||||||||||f|f|F|
||Cash at bank and in|||hand||||||||1,567,003||(341,952)|1,225,051|
|||||||||||||1,567,003||(341,952)|1,225,051|