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2022-11-30-accounts

Reference and Administrative Reference and Administrative Details
Strategic Report
Trustees' Report 3to 7
Independent
Auditors'
Report Sto11
Statement
of Financial
Activities 12
Balance Sheet 13
Statement ofCash Flows 14
Notes to the Financial Statements 15to 29

Chief Executive Officer Chief Executive Officer Chief Executive Officer Mrs Margaret Blanks Blanks
Registered Office 71-75Shelton Street
Covent Garden
London
WC2H 9JQ
The charity
is incorporated
in England and Wales.
Company Registration Number 08731110
Charity Registration Number 1155322
Auditor Grant Harrod Lerman Davis LLP
Chartered
Accountants
1st Floor Healthaid House
Marlborough Hill
Harrow
HA1 1UD
Accountants RFM Associates
Chartered
Accountants
10Carew Way
Wafford
Hertfordshire
WD19 5BG

Rec ognised Gains and Losses )
Unrestricted
Total Total
Note General
f
Restricted
f
2022
f
2021
Income and Endowments from:
Donations
and legacies
3 1,299,207 1,299,207 1,314,491
Charitable
activities
4 34,187 34,187 31,318
Investment
income
17 32,796 32,796 6,387
Total Income 1,366,190 1,366,190 1,352,196
Expenditure
on:
Raising funds
Charitable
activities
18
5
10,625
~(,642,288
10,625
~(1,542,260
(11,813)
~2, (84,769
Total Expenditure (1,531,635) (1,531,6351 ~(2,(96582
Net expenditure (165,445) (165,445) (844,386)
Net movement
in funds
(165,445) (165,445) (844,386)
Reconciliation
of
funds
Total funds brought forward 3,886,582 3,735 3,890,317 4,734,703
Total funds carried forward 14 3,721,137 3,735 3,724,872 3,890,317

2022 2021
Note 5 8
Current assets
Stocks 10 6,407 15,875
Cash at bank and in hand 11 8,584,301 8,430,908
8,590,708 8,446,783
Creditors: Amounts falling due within one year 12 ~14.632,351 ~3,585,543)
Total assets less current liabilities 6,958,357 5,366,740
6 dtt:4 t f td Dd * ft t8 3 13 ~3233485 ~14,426,423
Net assets 3,724,872 3,890,317
Funds ofthe charity:
Restricted income funds
Restricted 3,735 3,735
Unrestricted income funds
Unrestdicted 3,721,137 3,886582
Total funds 14 3,724,872 3,890,317

2022 2021
Note E
Cash flows from operating activities
Net cash expenditure (165,445) (844,386)
Adjustments
to cash flows
from noncash items
Investment
income
17 (32,796) (6,387)
(198,241) (850,773)
Working
capital adjustments
Decrease/(increase)
in stocks
10 9,468 (10,574)
Increase
in creditors
12,13 309,370 386,653
Net cash flows from operating activities 120,597 (474,694)
Cash flows from investing
activities
Interest receivable
and similar
income 17 32,796 6,387
Net increase/(decrease)
in cash and cash equivalents
153,393 (468,307)
Cash and cash equivalents
at 1 December
8,430,908 8,899,215
Cash and cash equivalents
at 30 November
8,584,301 8,430,908
Reconciliation
ofnet cash flow to movement
in net funds
Increase/(decrease)
in cash
153,393 (468,307)
Net funds at 1 December 2021 8,430,908 8,899,215
Net funds at 30November
2022
8,584,301 8,430,908

3
Income
from donations and legacies
Unrestricted
funds Total
General funds
E E
Donations and legacies;
Donations from individuals 1,121,546 1,121,546
Legacies 177,661 177,661
Total for 2022 1,299,207 1,299,207
Total for 2021 1,314,491 1,314,491
4 Income from charitable activities
Unrestricted
Total Total
General 2022 2021
E E
Trading and merchandising 34,187 34,187 31,318

5
Analysis
ofexpenditure
by
type
Unrestricted
Total Total
General 2022 2021
Note 6
Fundraising 16 176,880 176,880 179,765
Grant funding of activities 6 1,362,630 1,362,630 2,002,604
Governance costs 7 2,750 2,750 2,400
1,542,260 1,542,260 2,184,769
Analysis ofgrants
Grants to institutions
2022 2021
6
Analysis
Imperial
College London
220,000
University
College London
218,726
Cardiff University
School of Medecine
220,000
Queen
Mary University
London 219,000
University
of Liverpool
216,395
Additional
grant payments
268,509 647,226
Cambridge
University
220,000
Cambridge
University
210,358
Barts Cancer Institute, Queen Mary University, London 200,978
Barts Cancer Institute, Queen Mary University, London 220,000
Oxford University 65,195
Barts Cancer Institute, Queen Mary University, London 220,000
London School of Hygiene and Tropical Medecine 218,847
1,362,630 2,002,604

10Stock
2022
5
2021f
Stocks 6,407 15,875
11Cash and cash equivalents
2022 2021
Cash at bank 8,584,301 8,430,908
12Creditors: amounts falling due within one year
2022 2021
6
Grants payable 1,616,742 3,064,478
Accruals 15,609 15,565
1,632,351 3,080,043
13Creditors: amounts falling due after one year
2022 2021
6
Grants payable 3,233,485 1,476,423

14Funds
Balance at 1 Balance at 30
December Incoming Resources November
2021 resources expended 2022
E E F E
Unrestricted funds
General 3,886,582 1,366,190 (1,531,635) 3,721,137
Restricted funds 3,735 3,735
Total funds 3,890,317 1,366,190 (1,531,635) 3,724,872
Balance at 1 Balance at 30
December Incoming Resources November
2020 resources expended 2021
E E E F
Unrestricted funds
General 4,730,968 1,352,196 (2,196,582) 3,886,582
Restricted funds 3,735 3,735
Total funds 4,734,703 1,352,196 ~2,(96,582 3,890,317
15Analysis of net funds
15Analysis
of n
et funds
At 1 At 30
December Financing November
2021 cash flows 2022
E E E
Cash at bank and in hand 8,430,908 ~8,430,908)
Net debt 8,430,908 (8,430,908)
At 1 At 30
December Financing November
2020 cash flows 2021
E F E
Cash at bank and in hand 8,899,215 (8,8992151
Net debt 8,899,215 ~8,8992(5

16Expendi tu re
on charitable
activities
Unrestricted
funds Total
General funds
Note
Fundraising 176,880 176,880
Grant funding ofactivities 1,362,630 1,362,630
Governance costs 2,750 2,750
Total for 2022 1,542,260 1,542,260
Total for 2021 2,184,769 2,184,769
2022 2021
6
Telephone 928 755
Computer costs 8,030 7,739
Advertising and PR 124,767 147,014
Fundraising costs 11,710 3,135
Printing postage and stationery 6,786 5,549
Accountancy fees 3,980 3,660
Wages and salaries 9,167 10,000
Subscdptions 7,641
Bank charges 3,871 1 913
176,880 179,765

17Investment
in
co me
Unrestricted
funds Total
General funds
Interest receivable and similar income;
Interest receivable on bank deposits 32,796 32,796
Total for 2022 32,796 32,796
Total for 2021 6,387 6,387

ai Costs oftrading
activities
Unrestricted
funds Total
General funds
Note
Costs of
Allocated
Total for
goods sold
support costs
2022
30,992
~41,617
~70,525
30,992
~41,617
~70,625
Total for 2021 11,813 11,813