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2023-04-30-accounts

				Page
Reference and administrative		details ofthe Foundation,	its Trustees and advisers
Trustees' report				2-9
Trustees' responsibilities statement				10
Independent auditors'	report	on the financial statements		11 - 14
Statement offinancial	activities			15
Balance sheet				16-17
Statement ofcash flows				18
Notes to the financial	statements			19-32

Trustees			Richard Smith CBE	Richard Smith CBE
			Donna Green
			Charlotte Brown
			Dr Hesham Abdalla
			Caroline Owusu-Bennoah
			Catherine Dale
			Richard Evans
Company	registered
number			CE000341
Charity registered number			1151628
Registered		office	The Foundry
			17Oval Way
			London
			SE115RR
Independent		auditors	Blick Rothenberg	Audit LLP
			Chartered Accountants
			Statutory Auditor
			16Great Queen	Street
			Covent Garden
			London
			WC2B 5AH
Bankers			The Co-operative	Bank Pic
			PO Box101
			1 Balloon Street
			Manchester
			M60 4EP

	Age (75responses)		Gender (75responses)		Ethnicity (75responses)	Ethnicity (75responses)
21 —24 years		3	Female	59	White	43
25-29 years		6	Maie	8	Mixed/Mult	i
30-44years		34	Noresponse	8	Slack	5
45-59 years		23			Asian
60-64 years		1			Other
65+ye ars		1			No response
No responses		7

						As restated
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2023	2023	2023	2022
		Note		E	F	f.
Income from:
Donations and legacies			150,000	62,766	212,766	90,429
Charitable activities			1,073,791		1,073,791	868,073
Total income			1,223,791	62,766	1,286,557	958,502
Expenditure on:
Charitable activities			933,588	61,211	994,799	636,627
Total expenditure			933,588	61,211	994,799	636,627
Net movement in funds			290,203	1,555	291,758	321,875
Reconciliation offunds:
Total funds brought	forward as
previously stated			708,758		708,758	278,763
Prior year adjustment		15	(108,120)		(108,120)
Total funds brought	forward as restated	17	600,638		600,638	278,763
Net movement in funds (restated)		17	290,203	1,555	291,758	321,875
Total funds carried	forward		890,841	1,555	892,396	600,638,

						As restated
				2023		2022
		Note				E
Fixed assets
Tangible assets				10,576		6,794
Current assets
Debtors		12	102,827		87,630
Cash at bank and	in hand		1,774,814		1,635,682
			1,877,641		1,723,312
Creditors: amounts	falling due within one
year		13	(841,573)		(861,237)
Net current assets				1,036,068		862,075
Total assets less	current liabilities			1,046,644		868,869
Creditors: amounts	falling due after more
than one year		14		(154,248)		(268,231)
Total net assets				892,396		600,638
Charity funds
Restricted funds		17		1,555
Unrestricted funds		17		890,841		600,638
Total funds				892,396		600,638

					2023	2022
				Note		E
Cash flows from operating	activities
Net cash generated from operating activities				18	150,553	767,492
Cash flows from investing	activities
Purchase oftangible fixed assets					(11,421)	(8,572)
Net cash used in investing	activities				(11,421)	(8,572)
Cash flows from financing	activities
Net cash provided by financing activities
Change in cash and cash	equivalents in the year				139,132	758,920
Cash and cash equivalents	at the beginning	ofthe year			1,635,682	876,762
Cash and cash equivalents	at the end ofthe year			19	1,774,814	1,635,682
The notes on pages 19to 32 form part ofthese financial			statements

	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
	2023	2023	2023	2022
	E		E
Donations				392
Legacies	150,000		150,000	50,000
Grants		62,766	62,766	40,037
Total 2023	150,000	62,766	212,766	90,429
Total 2022	50,392	40,037	90,429

						As	restated
				Unrestricted	Total		Total
				funds	funds		funds
				2023	2023		2022
							E
Income	from	charitable	activities	1,073,791	1,073,791		868,073

		Unrestricted	Restricted
		funds	funds	Total	Total
		2023	2023	2023	2022
		E		E	E
Direct	costs	933,588	61,211	994,799	636,627
Total	2022	596,590	40,037	636,627

		Activities
		undertaken	Support	Total	Total
		directly	costs	funds	funds
		2023	2023	2023	2022
		E	E	F	E
Direct	costs	879,373	115,426	994,799	636,627
Total	2022	538,129	98,498	636,627

		Total	Total
	Activities	funds	funds
	2023	2023	2022
		E	E
Staff costs	476,467	476,467	322,813
Depreciation	7,639	7,639	5,626
Other costs	395,267	395,267	209,690
	879,373	879,373	538,129

				Total	Total
			Activities	funds	funds
			2023	2023	2022
			E		E
Staff costs			62,916	62,916	56,678
General	administration		33,160	33,160	32,820
Governance		costs	19,350	19,350	9,000
			115,426	115,426	98,498

				2023	2022
				E	E
Wages and	salaries			464,375	332,229
Social security costs				39,972	28,595
Contribution	to defined	contribution	pension schemes	35,036	18,667
				539,383	379,491

2023	2022
No.	No.
12

2023	2022
No.	No.

Intangible assets
	Computer
	software
	E
Cost
At 1 May 2022	55,783
At 30April 2023	55,783
Amortisation
At 1 May 2022	55,783
At 30April 2023	55,783
Net book value
At 30April 2023
At 30 April 2022

		Plant and	Fixtures and
		machinery	fittings	Total
			E
	Cost
	At 1 May 2022	26,466	1,739	28,205
	Additions	9,218	2,203	11,421
	At 30April 2023	35,684	3,942	39,626
	Depreciation
	At 1 May 2022	20,795	616	21,411
	Charge for the year	6,325	1,314	7,639
	At 30 April 2023	27,120	1,930	29,050
	Net book value
	At 30April 2023	8,564	2,012	10,576
	At 30 April 2022	5,671	'1,123	6,794
12.	Debtors
			2023	2022
			E
	Due within one year
	Trade debtors		87,880	83,251
	Other debtors		2,577	1,857
	Prepayments and accrued income		12,370	2,522
			102,827	87,630

				As restated
			2023	2022
			E	E
Trade creditors			19,652	12,032
Other taxation	and social security		51,889	77,491
Accruals and deferred		income	770,032	771,714
			841,573	861,237

2023	2022
f.
154,248	268,231

As
previously
reported	Adjustment	As	restated
			E
753,117	108,120		861,237

		As
		previously
		reported	Adjustment	As	restated
		F	E
Total	income	1,066,622	(108,120)		958,502

			As
			previously
			reported	Adjustment	As restated
			E	E	E
	Net movement	in funds	429,995	(108,120)	321,875
	Total 2022
17.	Statement of	funds
	Statement of	funds - current year

Statement	offunds - cu	rrent year
			As restated			Balance at
			Balance at 1			30 April
			May 2022	Income	Expenditure	2023
				E	E	E
Unrestricted	funds
General Funds - ail funds			600,638	1,223,791	(933,588)	890,841
Restricted	funds
THIS. Institute				12,489	(12,489)
Manchester	Metropolitan	University		9,232	(9,232)
The Health	Foundation			41,045	(39,490)	1,555
				62,766	(61,211)	1,555
Total offunds			600,638	1,286,557	(994,799)	892,396

Stateme	nt of	funds - prior year
						As restated
			Balance at	As restated		balance at
			1 May 2021	Income	Expenditure	30April 2022
			E	F	F	F
Unrestricted		funds
General	Funds - all funds		278,763	918,465	(596,590)	600,638
Restricted funds
THIS. Institute				40,037	(40,037)
Total of	funds		278,763	958,502	(636,627)	600,638

						As restated
					2023	2022
					E	F
Net income for the	year (as per Statement		of Financial	Activities)	291,758	321,875
Adjustments for:
Depreciation charges					7,639	5,626
Decrease/(increase)	in debtors				(15,197)	185,466
Increase/(decrease)	in creditors				9,233	(8,184)
Increase/(decrease)	in deferred	income			(142,880)	262,709
Net cash provided	by operating	activities			150,553	767,492

				2023	2022
				E	E
	Cash	in hand		1,774,814	1,635,682
	Total	cash and cash	equivalents	1,774,814	1,635,682
20.	Analysis ofchanges		in net debt

At 1 May		At 30April
2022	Cash flows	2023
	E	E
E
1,635,682

At 30 April 2023 the Foundation had commitments to m cancellable operating leases as follows:	ake future minimum lease payments	under non-
	2023	2022
	E	E
Falling due within one year
Rent payable	4,644	4,644