**REGISTERED CHARITY NUMBER: 1155623** ## **REPORT OF THE TRUSTEES AND** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021** ## **FOR** ## **THE MURRAY PARISH TRUST** Hopper Williams & Bell Limited Chartered Accountants Highland House Mayflower Close Chandler's Ford Eastleigh Hampshire SO53 4AR **THE MURRAY PARISH TRUST** **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021** **----- Start of picture text -----**
Page
Report of the Trustees 1 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9 to 16
**----- End of picture text -----**
**THE MURRAY PARISH TRUST** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021** The trustees present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The following are The Murray Parish Trust Objectives and Aims for the period 2017 to 2022: 1. To deliver infrastructure and equipment to enable delivery of children's emergency services. 2. To support research and development in paediatric care. 3. To champion strong investment into paediatric emergency care. 4. To strengthen the charity in terms of governance and structure. It is the intention of the Trustees to revisit the longer-term planning later in Spring 2022. ## **Public benefit** The Charity provides a benefit to the public through the provision of grants to aid the delivery of infrastructure and equipment to enable delivery of children's emergency services and grants to support research and development in paediatric care services. The trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission. Page 1 **THE MURRAY PARISH TRUST** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021** ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities** During 2021, our focus has been securing the final income for the iMRI Suite Appeal. This has been successful and we announced the closure of this appeal in February 2022. University Hospital Southampton completed the work on the scanner room and ancillary unit, to create an intra operative suite, in July 2021. We are anticipating the new suite will be open in the summer of 2022. ## **Thank you to all our Partners and Donors** The Barker-Mill Foundation made the 3rd of 3 pledged grants of £33,000 towards our operating costs in relation to the iMRI Suite Appeal. This partnership has been truly transformative and has underpinned and sustained us in difficult times. As a result of this grant we were able to ensure that money raised for the iMRI Suite Appeal was directly attributed to it. We thank them for their enlightened approach to grant making. £25,000 was donated from The Geoff and Fiona Squire Foundation and we also received a pledge of £165,000 in December 2021 from The Sir Jules Thorn Charitable Trust. We offer our heartfelt thanks to all of our donors and partners in 2021. Covid 19 continues to affect all fundraising activity as grant-making organisations and individual donors turn their attention to Covid 19 related causes. Covid 19 has also had a direct impact on the treatment children with brain tumours receive. Aabir Chakraborty, Lead Consultant Neurosurgeon says "Treatment of children with brain tumours has been devastatingly impacted by Covid-19. Children are presenting much later in their illness and, as a result, in a far worse condition and survival rates are inevitably affected. This campaign is even more important now." The trust would like to thank all our sponsors and supporters of our Hares of Hampshire Art Trail event, happening in the summer of 2022. In April 2021 we launched the fundraising event and are very grateful to Norwegian Cruise Line and Ahmad Tea for joining us as Presenting Partners. We would also like to thank BECG, our Creative Partner for donating their time, to an approximate value in kind of £40,000, Williams Shipping & Transport as our Logistics Partner and GO! Southampton as our City Partner, all of whom are providing us with valuable time, resources and skills. We would also like to recognise all the Hare Sponsors for making this event possible. ## **Operational** This year, the trust was engaged with consultants to provide the fundraising, social media and operational expertise the organisation needs to be successful. The Trustees are grateful to all of those committed to our cause and who have worked flexibly in pursuit of our mission with the fundraising. This year the cost incurred for them has been shown under "Consultants". ## **FINANCIAL REVIEW** ## **Principal funding sources** During the year under review, the charity received donations and these resources allowed the charity to continue to deliver its key objectives. Expenditure is aligned to activity and is line with the expected income from those activities. Page 2 **THE MURRAY PARISH TRUST** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021** ## **FINANCIAL REVIEW** ## **Reserves policy** The charity has undertaken a calculation of the six-month running expense cost, in order to determine a reasonable reserve policy and balance. The outcome is that a reserves balance of £40,000 is considered to be appropriate but will be the subject of regular review. At 31 December 2021, total funds held amounted to £569k (2020: £326k). Of these, restricted funds were £330k (2020: £122k). The charity's free reserves were £239k (2020: £204k). The variance above policy level (£199k) is due to the accumulation of funds towards the iMRI Suite Appeal before these funds are required to be spent on the project. The Trustees have decided to introduce designated funds in future periods to give a more accurate picture of the free reserves position. The Trustees have reviewed this reserves policy and the following policy will apply from 2022: The Trustees maintain unrestricted funds to reduce the dependency on any of the charity's specific income streams, particularly its dependency on the level and timing of fluctuating and uncertain fundraised income. This strengthens the charity's ability to operate on a going concern basis and fulfil its obligations. The charity is committed to raising funds for specific projects, many of which are long-term in nature. The Trustees therefore feel it is important to maintain free reserves at a level which ensures the delivery of projects within desired timescales and the availability of sufficient financial resources to meet the ongoing outgoings and costs of the charity that are needed to remain solvent and deliver those projects. The reserves policy has been developed taking into account the risk factors that are inherent in the charity's business model. This business model results in public fundraising income that is uncertain in both timing and amount, costs and expenses that are largely fixed in nature and when larger donations are received they are usually restricted to specific projects. The Trustees review the policy annually; taking into consideration the principle risks faced by the charity and their mitigations together with likely projected income and expenditure. As a result of this work, the Trustees consider that it is necessary to maintain target free reserves of nine months of annual budgeted operating costs, which currently represents £67,500. Free reserves comprise the total funds available to the charity, less those reserves whose uses are restricted or designated for specific purposes. Free reserves are in place to protect the charity and will be used to cushion the effect of a fall in fundraised income in the short to medium term so as to ensure the continuity of project delivery. Restricted funds are those that must be spent in accordance with the donor's specific instructions or which have been raised by the charity for a specific purpose. The charity operates a detailed restricted funds register to track and report spend against each gift. Designated funds are unrestricted funds that have been put aside by the Trustees for planned projects and winding up costs. With the exception of designated winding up costs, it is the Trustees intention that designated funds are spent within a 12-36 month timeframe, as appropriate for each planned project. Often, projects require the Trustees to accumulate the required sum over an agreed period of time before being spent on charitable activities. It is likely therefore that the level of unrestricted funds held by the charity will vary over time. The Trustees will continue to consider the balance of risk and thus the level of free reserves appropriate for the needs of the charity in light of forecasts and future requirements. The charity's position against the reserves policy is monitored on a regular basis by the senior management team and reported to the Trustees for their review at each Trustee meeting. Page 3 **THE MURRAY PARISH TRUST** **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021** ## **FUTURE PLANS** Future plans are aligned with the Strategic Objectives listed above. As a charity, we have seen a vast growth in the need for paediatric services and infrastructure, combined with a need for research and development. The Trustees will revisit our longer-term planning in the Spring of 2022. In 2021 we launched Hares of Hampshire, an art trail and sponsorship income activity. In 2021 it generated just over £71,000 during the latter part of the year. However, this is a long term project, with high investment planned during the initial stages. The profit from this event will be realised at an auction in September 2022. ## **Ongoing COVID-19 considerations** The national measures taken in response to Covid-19 continue to severely impact The Murray Parish Trust. We have seen a small increase in community fundraising initiatives and related income. Corporate income remained difficult to secure as our partners focus was on recovery from the restrictions imposed as a result of Covid 19. Trust and Grants income has had a positive year and we are grateful to our grantmakers for their flexibility in helping us through a difficult time. We consider the charity to be a going concern and that operations will be able to continue in light of the present situation and the pipeline of income. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **Recruitment and appointment of new trustees** There have been some changes to the Trustees in 2021. On the 24th November 2021 two new trustees have joined, Nuno Pereira and Darius Khwaja and earlier in the year, Dr Jason Barling (27th August 2021) and Nick Godfrey (13th September 2021) both stood down as Trustees. We would like to thank both Jason and Nick for their invaluable support and dedication to the charity. ## **Risk management** The trustees have a duty to identify and review the risks to which the Charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1155623 ## **Principal address** Unit 1 The Dean Alresford Hampshire SO24 9BQ ## **Trustees** A Greville-Collins Dr J M Barling (resigned 27.8.2021) Ms S Parish Ms J F George J Murray D A Collinson N Godfrey (resigned 13.9.2021) N Pereira (appointed 24.11.2021) D Khwaja (appointed 24.11.2021) Page 4 **THE MURRAY PARISH TRUST** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021** ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Independent Examiner** Hopper Williams & Bell Limited Chartered Accountants Highland House Mayflower Close Chandler's Ford Eastleigh Hampshire SO53 4AR ## **WEBSITE** The charity operates a website, www.themurrayparishtrust.com. 09/09/2022 Approved by order of the board of trustees on ............................................. and signed on its behalf by: .................................................................... Ms J F George - Trustee Page 5 **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE MURRAY PARISH TRUST** ## **Independent examiner's report to the trustees of The Murray Parish Trust** I report to the charity trustees on my examination of the accounts of The Murray Parish Trust (the Trust) for the year ended 31 December 2021. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of Association of Chartered Certified Accountants which is one of the listed bodies. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Michaela Johns FCCA Association of Chartered Certified Accountants Hopper Williams & Bell Limited Chartered Accountants Highland House Mayflower Close Chandler's Ford Eastleigh Hampshire SO53 4AR 12/09/2022 Date: ............................................. Page 6 **THE MURRAY PARISH TRUST** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021** |Unrestricted
Restricted
fund
fund
Notes
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**139,842**
**207,984**
Other trading activities
3
**-**
**-**
Investment income
4
**1**
**-**
**Total**
**139,843**
**207,984**
**EXPENDITURE ON**
Raising funds
5
**49,496**
**-**
**Charitable activities**
6
Charitable activities
**53,354**
**-**
**Total**
**102,850**
**-**
**NET INCOME**
**36,993**
**207,984**
**Other recognised gains/(losses)**
Gains/(losses) on revaluation of fixed assets
**(2,023)**
**-**
**Net movement in funds**
**34,970**
**207,984**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**204,335**
**121,988**
**TOTAL FUNDS CARRIED FORWARD**
**239,305**
**329,972**|**2021**
**Total**
**funds**
**£**
**347,826**
**-**
**1**
**347,827**
**49,496**
**53,354**
**102,850**
**244,977**
**(2,023)**
**242,954**
**326,323**
**569,277**|2020
Total
funds
£
199,144
2,500
5| |---|---|---| |||201,649
1,624
88,620| |||90,244| |||111,405
-| |||111,405
214,918| |||326,323| The notes form part of these financial statements Page 7 ## **THE MURRAY PARISH TRUST** ## **BALANCE SHEET 31 DECEMBER 2021** |Unrestricted
Restricted
fund
fund
Notes
£
£
**FIXED ASSETS**
Intangible assets
11
**12,160**
**-**
Tangible assets
12
**261**
**-**
**12,421**
**-**
**CURRENT ASSETS**
Debtors
13
**26,817**
**165,000**
Cash at bank
**208,587**
**164,972**
**235,404**
**329,972**
**CREDITORS**
Amounts falling due within one year
14
**(8,520)**
**-**
**NET CURRENT ASSETS**
**226,884**
**329,972**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**239,305**
**329,972**
**NET ASSETS**
**239,305**
**329,972**
**FUNDS**
15
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|**2021**
**Total**
**funds**
**£**
**12,160**
**261**
**12,421**
**191,817**
**373,559**
**565,376**
**(8,520)**
**556,856**
**569,277**
**569,277**
**239,305**
**329,972**
**569,277**|2020
Total
funds
£
-
436
436
42,794
288,995
331,789
(5,902)
325,887
326,323
326,323
204,335
121,988
326,323| |---|---|---| The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 09/09/2022 ............................................. J F George - Trustee The notes form part of these financial statements Page 8 **THE MURRAY PARISH TRUST** **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Going concern** The trustees have considered the impact and risk on the charity of COVID-19 and the charity's prospects, recognising the high degree of uncertainty. The trustees have concluded that with the right management actions the charity is a going concern for at least 12 months following the signature of the financial statements. Accordingly the trustees have prepared the financial statements on this basis. ## **Financial reporting standard 102 - reduced disclosure exemptions** The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland': - the requirements of Section 7 Statement of Cash Flows. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Government grants** Business Support Grant Funds: the accrual model has been used to recognise the grant when it is received or becomes receivable, as there are no future related costs or performance conditions. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## **Intangible assets** Intangible assets are initially measured at transaction costs. At the balance sheet date these are remeasured to fair value. The fair value is determined by reference to an active market. Increases in market value would be recognised and accumulate in a revaluation reserve. The increase would however be recognised in the SOFA to the extent that it reverses a revaluation decrease of the same asset previously recognised in the SOFA. Decreases of an asset’s carrying value as a result of a revaluation shall be recognised in the SOFA. Where an increase has previously been recognised, a decrease in an assets carrying value shall be recognised in the revaluation reserve with any excess being accounted for within the SOFA. continued... Page 9 **THE MURRAY PARISH TRUST** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021** ## **1. ACCOUNTING POLICIES - continued** ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Computer equipment - 33.33% on cost Tangible fixed assets are stated at historical cost, less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the statement of financial activities. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **Financial assets** The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial assets are recognised in the balance sheet when the charity becomes party to the contractual provisions of the instrument. Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. ## **Financial liabilities** Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. continued... Page 10 **THE MURRAY PARISH TRUST** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021** |**2.**
**DONATIONS AND LEGACIES**
**2021**
**£**
Donations received
**347,826**
**3.**
**OTHER TRADING ACTIVITIES**
**2021**
**£**
Government grants
**-**
This grant is a COVID-19 discretionary grant from Winchester City Council.
**4.**
**INVESTMENT INCOME**
**2021**
**£**
Deposit account interest
**1**
**5.**
**RAISING FUNDS**
**Raising donations and legacies**
**2021**
**£**
Events
**8,893**
Miscellaneous
**1,174**
Consultants
**39,429**
**49,496**
**6.**
**CHARITABLE ACTIVITIES COSTS**
Support
Direct
costs (see
Costs
note 8)
£
£
Charitable activities
**21,818**
**31,536**|2020
£
199,144|2020
£
199,144|2020
£
199,144| |---|---|---|---| ||||2020
£
2,500| ||||2020
£
5| ||||2020
£
1,581
43
-| ||||1,624| |||Totals
£
**53,354**|| continued... Page 11 **THE MURRAY PARISH TRUST** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021** ## **7. GRANTS PAYABLE** |Charitable activities
The total grants paid to institutions during the year was as follows:
Donations to hospitals||**2021**
**£**
**-**
**2021**
**£**
**-**||2020
£
11,562
2020
£
11,562| |---|---|---|---|---| |The total grants made during the period are broken down as follows:||||| |||**£**||£| |Southampton Hospital Charity||-||11,562| |||||| |||||| |||-||11,562| |||||| |||||| |**SUPPORT COSTS**
Management
Finance
£
£
Charitable activities
**28,878**
**138**|Governance
costs
£
**2,520**|||Totals
£
**31,536**| ## **8. SUPPORT COSTS** ## **9. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020. ## **10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |Unrestricted
Restricted
fund
fund
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
131,712
67,432
Other trading activities
2,500
-
Investment income
5
-
**Total**
134,217
67,432
**EXPENDITURE ON**
Raising funds
1,624
-
**Charitable activities**
Charitable activities
49,741
38,879|Total
funds
£
199,144
2,500
5| |---|---| ||201,649
1,624
88,620| continued... Page 12 **THE MURRAY PARISH TRUST** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021** |**10.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|| |---|---|---|---|---| |||Unrestricted|Restricted|Total| |||fund|fund|funds| |||£|£|£| ||**Total**|51,365|38,879|90,244| ||**NET INCOME**|82,852|28,553|111,405| ||**RECONCILIATION OF FUNDS**|||| ||**Total funds brought forward**|121,483|93,435|214,918| ||**TOTAL FUNDS CARRIED FORWARD**|204,335|121,988|326,323| |**11.**|**INTANGIBLE FIXED ASSETS**|||| |||||Crypto-| |||||currency| |||||£| ||**COST OR VALUATION**|||| ||Additions|||**14,183**| ||Revaluation|||**(2,023)**| ||At 31 December 2021|||**12,160**| ||**NET BOOK VALUE**|||| ||At 31 December 2021|||**12,160**| ||At 31 December 2020|||-| ||Cost or valuation at 31 December 2021 is represented by:|||| |||||**Crypto-**| |||||**currency**| |||||**£**| ||Valuation in 2021|||**(2,023)**| ||Cost|||**14,183**| |||||**12,160**| continued... Page 13 **THE MURRAY PARISH TRUST** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021** |**12.**|**TANGIBLE FIXED ASSETS**|||| |---|---|---|---|---| |||||Computer| |||||equipment| |||||£| ||**COST**|||| ||At 1 January 2021 and 31 December 2021|||**953**| ||**DEPRECIATION**|||| ||At 1 January 2021|||**517**| ||Charge for year|||**175**| ||At 31 December 2021|||**692**| ||**NET BOOK VALUE**|||| ||At 31 December 2021|||**261**| ||At 31 December 2020|||436| |**13.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||||**2021**|2020| ||||**£**|£| ||Trade debtors||**26,000**|-| ||Other debtors||**150**|150| ||Prepayments and accrued income||**165,667**|42,644| ||||**191,817**|42,794| |**14.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||||**2021**|2020| ||||**£**|£| ||Other creditors||**8,520**|5,902| |**15.**|**MOVEMENT IN FUNDS**|||| ||||Net|| ||||movement|At| |||At 1.1.21|in funds|31.12.21| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|**204,335**|**34,970**|**239,305**| ||**Restricted funds**|||| ||Restricted fund|**121,988**|**207,984**|**329,972**| ||**TOTAL FUNDS**|**326,323**|**242,954**|**569,277**| continued... Page 14 **THE MURRAY PARISH TRUST** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021** ## **15. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: ||Incoming|Incoming|Resources|Gains and|Movement| |---|---|---|---|---|---| ||resources||expended|losses|in funds| |||£|£|£|£| |**Unrestricted funds**|||||| |General fund|**139,843**||**(102,850)**|**(2,023)**|**34,970**| |**Restricted funds**|||||| |Restricted fund|**207,984**||**-**|**-**|**207,984**| |**TOTAL FUNDS**|**347,827**||**(102,850)**|**(2,023)**|**242,954**| |**Comparatives for movement in funds**|||||| |||||Net|| |||||movement|At| ||||At 1.1.20|in funds|31.12.20| ||||£|£|£| |**Unrestricted funds**|||||| |General fund|||121,483|82,852|204,335| |**Restricted funds**|||||| |Restricted fund|||93,435|28,553|121,988| |**TOTAL FUNDS**|||214,918|111,405|326,323| |Comparative net movement in funds, included in the above are as follows:|||||| ||||Incoming|Resources|Movement| ||||resources|expended|in funds| ||||£|£|£| |**Unrestricted funds**|||||| |General fund|||134,217|(51,365)|82,852| |**Restricted funds**|||||| |Restricted fund|||67,432|(38,879)|28,553| |**TOTAL FUNDS**|||201,649|(90,244)|111,405| Page 15 continued... **THE MURRAY PARISH TRUST** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021** ## **16. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 December 2021 nor for the year ended 31 December 2020. ## **17. RESTRICTED FUNDS** iMRI Suite Appeal at Southampton University Hospital fund balance at the year end was £329,972 (2020: £121,988). Page 16