## **Trustees’ Annual Report for the period** **From 1 July 2020 Period start date To 30 June 2021 Period end date** ## **Charity name: MEDI TECH TRUST** ## **Charity registration number: 1157837** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The objects of the CIO are the relief of
sickness and the preservation and
protection of public health for the public
benefit.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|The provision of, and assistance in the
provision of:
Medical equipment for use in hospitals and
other community medical establishments;
Training courses dedicated to enabling
qualified medical staff to operate medical
equipment already provided, or to be
provided;
Lectures, fora and newsletters devoted to
advancing the education of the community
in health care.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public benefit|Para 1.18|The Trustees comply with their duty to have
due regard to guidance published by the
Charity Commission, in order to further its
charitable purposes for the public benefit.| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|The long-term projected commitments
made by the charity have not permitted the
charity to distribute funds as grants to other
good causes.| |Policy on social investment
including program related
investment|Para 1.38|Income is allocated for specific projects or
earmarked to purchase medical equipment.
An ongoing investment programme is in
place to safeguard the development of
longer term projects.| |Contribution made by
volunteers|Para 1.38|The continuing contribution made by our
small band volunteers has been more than
gratefully appreciated.| |Other||The Trustees have obtained the services of
six casual volunteers to assist with their
Medigive Initiative.| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|•As a direct result of our charity’s efforts
during the pandemic, Medi Tech Trust was
honoured to receive the Queens Award for
Voluntary
Service,
with
a
special
designation for providing impactful support
during the early months of the pandemic.
•During lockdown, the MTT team devised a
new project called MediGive based on
their previous experiences. It provides an
online platform for medical institutions and
manufacturers
to
donate
medical
equipment and surgical supplies with no
disposal or administration fees, which
saves our vital services much needed
funds. Medical establishments can apply
to receive medical equipment and surgical
supplies without payment or fees. The first
beneficiary was The Martlets Hospice
based in Hove, Sussex.
•Following an urgent request from the
Crisis Response Service for assistance in
obtaining
a
bladder
scanner,
MTT
immediately donated one, which has
saved over 900 people being taken into
hospital over the past year.
•A £16,000 portable ultrasound machine
was donated to a UK hospital.
•35 Brighton/Hove surgeries were invited to
submit their individual Wish Lists each
valued up to £3,000 to potentially aid over
230,000 surgery patients. Through three
Community Initiatives over 360 items of
medical equipment have been donated to
over 60 surgeries, potentially aiding more
than 500,000 East Sussex patients.
•The prevalence of Hepatitis B and C is
extremely high in Somaliland so MTT
donated a portable ultrasound machine
and specialist equipment to support a local
screening project initiated by a UK doctor.
•To assist in the fight against the Covid-19
pandemic in India, our charity donated 100
Pulse Oximeters.
•Due to Covid-19 restrictions as no
overseas visits could be made, the charity
invested in the use of interactive media so
that a full training programme could be
organised. This programme is still being
implemented and expanded.
•Our recycling initiative for disposable
instruments continued to be suspended for
most of this financial year, due to the
restrictions
imposed
by
Covid-19
regulations,| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|Although progress on each of our three
objectives was being achieved, lock down
procedures meant that some aims have
been extended for a further 12 months.| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|The main annual fund-raising event was
cancelled due to the Covid-19 regulations.
The Trustees have deferred some activities
for the foreseeable future in the interests of
the general public’s health and safety.| |Investment performance
against objectives|Para 1.41|An ongoing investment programme is in
place to safeguard the development of long
term projects.| |Other||A fuller account of our achievements for
this financial period can be read in our
detailed Trustees’Report.| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|Despite continued donation expenditure an
the reduction of income from investments
the charity has still maintained a healthy
overall financial position.| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|A percentage of Reserves are held in an
interest bearing account allowing for easy
access so that equipment for donation can
be purchased without delay.
A larger proportion of the Reserves has
been invested on an income producing
basis to assist in the increased expenditure
incurred by the charity.| |Amount of reserves held|Para 1.22|Accessible: £347,978 Invested: £3,334,505| |Reasons for holding zero
reserves|Para 1.22|N/A| |Details of fund materially in
deficit|Para 1.24|N/A| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|N/A| ## **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|There were three sources of income:
Income received from invested Reserves.
Donations, each gratefully received,
especially when Gift Aided.
Fundraising, including sponsorship for
sporting events.| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|Investment policies and objectives are
already covered under the charity’s policy
on Reserves.| |A description of the principal
risks facing the charity|Para 1.46|To protect against potential and unknown
risks, the charity has an insurance policy
that provides adequate cover for the charity
in respect of public liability and Trustee
indemnity.| |Other||No funds are spent without the full
agreement of the Trustees at a meeting
convened for that purpose
Despite the enforced restrictions, with
unpaid trustees; no employees and prudent
budgeting, we have again kept our
overheads under 6% so that 94% of our
income was spent on our objectives.| |---|---|---| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|Constitution| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|CIO| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|The existing Trustees are entrusted with the
authority to approve and appoint new
Trustees as and when circumstances
demand.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|Any person considered for a Trustee
appointment would be given a copy of a
Trustee’s role and responsibility [CC3] prior
to interview; be required to confirm a
willingness
of
acceptance;
and
upon
appointment, be provided with ongoing
hands-on training. Two new Trustees were
appointed under these procedures on the
first day of this financial year.| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|There are five Trustees, who carry out their
duties on a non-remuneration basis. All
policy decisions affecting the charity are
collectively agreed upon by the Trustees.| |Relationship with any
related parties|Para 1.51|The charity does not have any relationship
with other parties.| |Other|Para 1.51|| ## **Reference and Administrative details** |Charity name|MEDI TECH TRUST| |---|---| |Other name the charity uses|MTT| |Registered charity number|1157837| |Charity’s principal address|Unit 6 Swan Barn Business Centre
Swan Barn Road
Hailsham
BN27 2BY| ## **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of person (or body)**
**entitled to appoint trustee (if**
**any)**| |---|---|---|---|---| ||Graham Michael
WATSON|Co-Chairman|All year|The Trustees| ||Robert
LEWIS|Co-Chairman
[also acts as Secretary]|All year|The Trustees| ||Jonathan Richard
PAYNE|Treasurer|All year|The Trustees| ||Sandra Kathleen
LEWIS|Trustee|All year|The Trustees| ||Caroline Anne
WATSON|Trustee|All year|The Trustees| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| ## – Corporate trustees names of the directors at the date the report was approved **Director name** N/A Name of trustees holding title to property belonging to the charity |**Trustee name**|**Dates acted if not for whole year**|| |---|---|---| |N/A||| |||| |||| |||| |||| |||| ## **Funds held as custodian trustees on behalf of others** Description of the assets held in N/A this capacity Name and objects of the charity N/A on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe N/A custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**|**Names and addresses of advisers (Optional information)**| |---|---|---| |**Type of**
**adviser**
**Name**
**Address**||| |Investment|Rathbones|8 Finsbury Circus, London, EC2M 7AZ| |||| |||| |||| **Name of chief executive or names of senior staff members (Optional information)** N/A ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** Co-Chairman Robert Lewis continued to act as the Secretary, so saving the charity from employing staff - a fortuitous move as all ancillary fundraising was non-existent due to the Covid-19 situation. ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**||| |---|---|---| ||ROBERT LEWIS|| ||
Co-Chairman [Acting Secretary]|| ||25 November 2021|| ||25 November 2021|| |Charity Name: Medi Tech Trust|Charity Name: Medi Tech Trust|CharityNo|1157837|1157837|| |---|---|---|---|---|---| |||CompanyNo|-||| |Annualaccountsforthe period|||||| |Period start date|01/07/2020|**To**|Period end
date|30/06/2021|| ## **Section A Statement of financial activities (including summary income and expenditure account)** |Guidance Note
S01
S02
S03
S04
S05
S06
S07
**Expenditure (Notes 6)**
**Expenditure on:**
S08
S09
S10
S11
S12
S13
Tax payable
S14
S15
Net gains/(losses) on
investments
S16
S17
**Extraordinary items**
S18
S19
S20
Other gains/(losses)
S21
S22
**_Reconciliation of_**
**_funds:_**
S23
S24
Raising funds
Separate material item of income
Other
Other
Donations and legacies
Charitable activities
Separate material expense item
**_Total_**
**Recommended categories by activity**
**Income (Note 3)**
**Income and endowments from:**
Charitable activities
Investments
Other trading activities
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) after tax before**
**investment gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
Total funds brought forward
**_Net movement in funds_**
**Other recognised** **gains/(losses):**
**Net income/(expenditure) before tax for**
**the reporting period**
Gains and losses on revaluation of fixed assets for the
charity’s own use|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03|**Total funds**
**14661**
F04
-|**Prior year**
**funds**
**£**
F05| |---|---|---|---|---|---| ||2,722|-|-|2,722|11,411| |||-|-|-|1,494| |||-|-|-|| ||430,813|-|-|430,813|108,450| |||-|-|-|15,000| ||-|-|-|-|-| ||433,535|-|-|433,535|136,355| ||||||| |||-|-|-|-| ||183,255|-|-|183,255|239,245| |||||-|1,222| ||-|-|-|-|-| ||183,255|-|-|183,255|240,467| ||||||| ||250,280|-|-|250,280|104,112
-| ||-|-|-|-|-| ||250,280|-|-|250,280|104,112
-| |||-|-|-|128,915
-| ||250,280|-|-|250,280|233,027
-| ||-|-|-|-|| ||-|-|-|-|-| ||||||| ||-|-|-|-|-| ||-|-|-|-|-| ||250,280|-|-|250,280|233,027
-| ||||||| ||3,607,272|-|-|3,607,272|3,840,298| ||3,857,552|-|-|3,857,552|3,607,271| Charity No 1157837 - Company No Medi Tech Trust ## **Section B** ## **Balance sheet** |Guidance Note
**Fixed assets**
**Intangible assets**
**(Note 15)**
B01
**Tangible assets**
**(Note 14)**
B02
**Heritage assets**
**(Note 16)**
B03
**Investments**
**(Note 17)**
B04
**_Total fixed assets_**
B05
**Current assets**
**Stocks**
**(Note 18)**
B06
**Debtors**
**(Note 19)**
B07
**Investments**
**(Note 17.4)**
B08
**Cash at bank and in hand (Note 24)**
B09
**_Total current assets_**
B10
**Creditors: amounts falling due within**
**one year**
**(Note 20)**
B11
**_Net current assets/(liabilities)_**
B12
**_Total assets less current liabilities_**
B13
**Creditors: amounts falling due after**
**one year (Note 20)**
B14
**Provisions for liabilities**
B15
**_Total net assets or liabilities_**
B16
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
**Restricted income funds (Note 27)**
B18
**Unrestricted funds**
B19
**Revaluation reserve**
B20
**Fair value reserve**
B21
**_Total funds_**
B22|**Unrestricted**
**funds**
**01/07/2020**
**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
**£**
**£**
F01
F02
F03
F04|**Unrestricted**
**funds**
**01/07/2020**
**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
**£**
**£**
F01
F02
F03
F04|**Unrestricted**
**funds**
**01/07/2020**
**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
**£**
**£**
F01
F02
F03
F04|**Unrestricted**
**funds**
**01/07/2020**
**Endowment**
**funds**
**Total this**
**year**
**£**
**£**
**£**
**£**
F01
F02
F03
F04|**30/06/2021**
**£**
F05| |---|---|---|---|---|---| ||-|-|-|-|-| ||149,960|-|-|149,960|14,661| ||-|-|-|-|-| ||-|-|-|-|-| ||149,960|-|-|149,960|14,661| ||||||| ||68,156|-|-|68,156|80,656| ||3,335|-|-|3,335|3,494| ||3,334,505|-|-|3,334,505|3,000,983| ||347,978|-|-|347,978|508,103| ||3,753,974|-|-|3,753,974|3,593,236| ||||||| ||46,383|-|-|46,383|625| ||||||| ||3,707,591|-|-|3,707,591|3,592,611| ||||||| ||3,857,551|-|**-**|3,857,551|3,607,272| ||||||| ||-|-|-|-|-| ||-|-|-|-|-| ||||||| ||3,857,551|-|-|3,857,551|3,607,272| ||||||| ||-|||-|-| |||-||-|-| ||3,857,551||-|3,857,551|3,607,272| |||||-|| ||||||| ||3,857,551|-|-|3,857,551|3,607,272| _**The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.**_ ###### _**The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.**_ _**The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.**_ _**These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.**_ |Signed by one or two trustees/directors on behalf of all the
trustees/directors|Print Name|Date of
approval
dd/mm/yyyy| |---|---|---| ||Robert Lewis (Trustee)|23/12/2021| |||| |||| CC17a (Excel) 23/12/2021 2 ## **Section C Notes to the accounts** ## Note 1 **Basis of preparation** ## _**This section should be completed by all charities** ._ ## **1.1 Basis of accounting** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: - the Statement of Recommended Practice: Accounting and Reporting by Charities - • and with* ✓ preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 - the Financial Reporting Standard applicable in the United Kingdom and Republic of - • and with* Ireland (FRS 102) - and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102.* - -Tick as appropriate ## **1.2 Going concern** _**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_ An explanation as to those factors that support _**not applicable**_ the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the _**not applicable**_ going concern assumption doubtful; Where accounts are not prepared on a going _**not applicable**_ concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern. ## **1.3 Change of accounting policy** The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note { }. |{ }.||| |---|---|---| |Yes*
No*|✓|* -Tick as appropriate| |||| ## _**Please disclose:**_ |**_Please disclose:_**|| |---|---| |**_(i) the nature of the change in accounting policy;_**|**N/A**| |**_(ii) the reasons why applying the new accounting policy_**
**_provides more reliable and more relevant information;_**
**_and_**|**N/A**| CC17a (Excel) 23/12/2021 3 _**(iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS102 SORP.**_ **N/A** ## **1.4 Changes to accounting estimates** No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP). Yes* ✓ * -Tick as appropriate No* ## _**Please disclose:**_ |**_Please disclose:_**|| |---|---| |**_(i) the nature of any changes;_**|**N/A**| |**_(ii) the effect of the change on income and expense or_**
**_assets and liabilities for the current period; and_**|**N/A**| |**_(iii) where practicable, the effect of the change in one or_**
**_more future periods._**|**N/A**| ## **1.5 Material prior year errors** No material prior year error have been identified in the reporting period (3.47 FRS102 SORP). Yes* ✓ * -Tick as appropriate No* ## _**Please disclose:**_ |**_Please disclose:_**|| |---|---| |**_(i) the nature of the prior period error;_**|**N/A**| |**_(ii) for each prior period presented in the accounts, the_**
**_amount of the correction for each account line item_**
**_affected; and_**|**N/A**| |**_(iii) the amount of the correction at the beginning of the_**
**_earliest prior period presented in the accounts._**|**N/A**| CC17a (Excel) 23/12/2021 4 CC17a IExcÈll 2311W2021 ## **Section C Notes to the accounts (cont)** ## **Note 2 Accounting policies** _**This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.**_ ## **2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE** **----- Start of picture text -----**
Please provide a description
of the nature of each change no changes to accounting policies - N/A
in accounting policy
Reconciliation of funds per previous GAAP to funds determined under FRS 102
Start of End of
period period
£ £
Fund balances as previously
stated
Adjustments:
Fund balance as restated
Reconciliation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102
End of
£
Net income/(expenditure) as previously
stated
Adjustments:
Previous period net income/(expenditure) as
restated
**----- End of picture text -----**
CC17a (Excel) 23/12/2021 6 ## **Section C Notes to the accounts (cont)** |**Recognition of income**
These are included in the Statement of Financial Activities (SoFA) when:
• the charity becomes entitled to the resources;
• it is more likely than not that the trustees will receive the resources;
• the monetary value can be measured with sufficient reliability.
Grants and donations are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP).
There has been no offsetting of assets and liabilities, or income and expenses, unless
required or permitted by the FRS 102 SORP or FRS 102.
Donated services and facilities are included in the SOFA when received at the value of the
gift to the charity provided the value of the gift can be measured reliably.
**Offsetting**
**Grants and donations**
**Note 2 Accounting policies**
**Government grants**
The charity has received government grants in the reporting period
**Legacies**
**Tax reclaims on donations**
**and gifts**
Legacies are included in the SOFA when receipt is probable, that is, when there has been
grant of probate, the executors have established that there are sufficient assets in the
estate and any conditions attached to the legacy are either within the control of the charity
or have been met.
**2.2 INCOME**
In the case of performance related grants, income must only be recognised to the extent
that the charity has provided the specified goods or services as entitlement to the grant only
occurs when the performance related conditions are met (5.16 FRS 102 SORP).
Gift Aid receivable is included in income when there is a valid declaration from the donor.
Any Gift Aid amount recovered on a donation is considered to be part of that gift and is
treated as an addition to the same fund as the initial donation unless the donor or the terms
of the appeal have specified otherwise.
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the
fair value of those gifts at the time of their receipt and they are recognised on receipt. In the
reporting period in which the stocks are distributed, they are recognised as an expense at
the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income
from other trading activities' with the corresponding stock recognised in the balance sheet.
On its sale the value of stock is charged against 'Income from other trading activities' and
the proceeds from sale are also recognised as 'Income from other trading activities'.
Goods donated for on-going use by the charity are recognised as tangible fixed assets and
included in the SoFA as incoming resources when receivable.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
The charity has incurred expenditure on support costs.
**Volunteer help**
The value of any voluntary help received is not included in the accounts but is described in
**Donated services and**
**facilities**
Donated services and facilities that are consumed immediately are recognised as income
with an equivalent amount recognised as an expense under the appropriate heading in the
SOFA.
**Contractual income and**
**performance related**
**grants**
Gifts in kind for use by the charity are included in the SoFA as income from donations when
receivable.
**Support costs**
**Donated goods**|Yes*
No*
N/a*|Yes*
No*
N/a*|Yes*
No*
N/a*| |---|---|---|---| ||✓||| ||Yes*
No*
N/a*||| ||✓||| ||Yes*
No*
N/a*||| ||✓||| ||Yes*
No*
N/a*||| ||||✓| ||Yes*
No*
N/a*||| ||✓||| ||Yes*
No*
N/a*||| |||✓|| ||Yes*
No*
N/a*||| ||✓||| ||Yes*
No*
N/a*||| ||✓||| ||Yes*
No*
N/a*||| ||✓||| ||Yes*
No*
N/a*||| ||✓||| ||Yes*
No*
N/a*||| ||✓||| ||Yes*
No*
N/a*||| ||✓||| ||Yes*
No*
N/a*||| ||||✓| ||Yes*
No*
N/a*||| ||✓||| ||Yes*
No*
N/a*||| ||✓||| ||Yes*
No*
N/a*||| ||✓||| ||Yes*
No*
N/a*||| CC17 FRS 102 SORP 23/12/2021 7 ## **Volunteer help** |**Grants with performance**
**conditions**
**2.4 ASSETS**
They are valued at cost.
They are valued at cost.
The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through custody or
legal rights. The amortisation rates and methods used are disclosed in note 15.
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 16.
**Intangible fixed assets**
Membership subscriptions which gives a member the right to buy services or other benefits
are recognised as income earned from the provision of goods and services as income from
charitable activities.
**2.3 EXPENDITURE AND LIABILITIES**
The charity accounts for basic financial instruments on initial recognition as per paragraph
10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19,
FRS102 SORP.
**Tangible fixed assets for**
**use by charity**
**Liability recognition**
Liabilities are recognised where it is more likely than not that there is a legal or constructive
obligation committing the charity to pay out resources and the amount of the obligation can
be measured with reasonable certainty.
**Grants payable without**
**performance conditions**
The depreciation rates and methods used are disclosed in note 14.
This is included in the accounts when receipt is probable and the amount receivable can be
measured reliably.
Insurance claims are only included in the SoFA when the general income recognition criteria
are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the
SoFA.
Membership subscriptions received in the nature of a gift are recognised in Donations and
Legacies.
They are valued at cost.
**Deferred income**
No material item of deferred income has been included in the accounts.
**Provisions for liabilities**
A liability is measured on recognition at its historical cost and then subsequently measured
at the best estimate of the amount required to settle the obligation at the reporting date
**Basic financial**
**instruments**
**Income from membership**
**subscriptions**
**Income from interest,**
**royalties and dividends**
**Heritage assets**
**Volunteer help**
the trustees’ annual report.
This includes any realised or unrealised gains or losses on the sale of investments and any
gain or loss resulting from revaluing investments to market value at the end of the year.
Support costs include central functions and have been allocated to activity cost categories
on a basis consistent with the use of resources, eg allocating property costs by floor areas,
or per capita, staff costs by the time spent and other costs by their usage.
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.
**Investment gains and**
**losses**
The charity has creditors which are measured at settlement amounts less any trade
discounts
These are capitalised if they can be used for more than one year, and cost at least
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.
**Governance and support**
**costs**
**Creditors**
**Redundancy cost**
The charity made no redundancy payments during the reporting period.
Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.
**Settlement of insurance**
**claims**|||✓| |---|---|---|---| ||Yes*
No*
N/a*||| ||✓||| ||Yes*
No*
N/a*||| ||||✓| ||Yes*
No*
N/a*||| ||||✓| ||Yes*
No*
N/a*||| ||✓||| ||Yes*
No*
N/a*||| ||✓||| ||Yes*
No*
N/a*||| ||✓||| ||Yes*
No*
N/a*||| ||✓||| ||Yes*
No*
N/a*||| ||✓||| ||Yes*
No*
N/a*||| ||||✓| ||Yes*
No*
N/a*||| ||||✓| ||Yes*
No*
N/a*||| ||||✓| ||Yes*
No*
N/a*||| ||✓||| ||Yes*
No*
N/a*||| ||✓||| ||Yes*
No*
N/a*||| ||✓||| ||Yes*
No*
N/a*||| ||✓||| ||||| ||£200||| ||Yes*
No*
N/a*||| ||✓||| ||Yes*
No*
N/a*||| |||✓|| ||Yes*
No*
N/a*||| ||||✓| ||Yes*
No*
N/a*||| |||✓|| ||Yes*
No*
N/a*||| ||||✓| CC17 FRS 102 SORP 23/12/2021 8 Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The **Investments** same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments **Stocks and work in** Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net **progress** realisable value. Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock. Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. **Debtors** Subsequently, they are measured at the cash or other consideration expected to be received. The charity has investments which it holds for resale or pending their sale and cash and **Current asset investments** cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity of loss than one year held for investment purposes rather than to meet short-term cash commitments as they fall due. They are valued at fair value except where they qualify as basic financial instruments. |Yes*
No*
N/a*|Yes*
No*
N/a*|Yes*
No*
N/a*| |---|---|---| |✓||| |Yes*
No*
N/a*||| |✓||| |Yes*
No*
N/a*||| |✓||| |Yes*
No*
N/a*||| |✓||| |Yes*
No*
N/a*||| |||✓| |Yes*
No*
N/a*||| |✓||| |Yes*
No*
N/a*||| |✓||| |Yes*
No*
N/a*||| |✓||| ## **POLICIES ADOPTED ADDITIONAL TO OR N/A DIFFERENT FROM THOSE ABOVE** CC17 FRS 102 SORP 23/12/2021 9 **Section C Notes to the accounts (cont)** ## **Note 3 Income** |**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
Donations and gifts
2,722- -2,722 10,669
Gift Aid
- - -742
Legacies
- - - - -
General grants provided by government/other
charities
- - - - -
Membership subscriptions and sponsorships
which are in substance donations
- - - -
Donatedgoods,facilities and services
- - - - -
Other
- - - -
**Total** 2,722 - - 2,722 11,411
Training fees
- - -1,063
- - - -
- - - -
Other
- - -432
**Total**
- - - -1,495
- - - - -
- - - - -
- - - - -
Other
- - - - -
**Total**
- - - - -
Interest income
1,967- -1,967 3,322
Dividend and share income
428,846- -428,846 105,128
Rental and leasing income
- - - - -
Other
- - - - -
**Total** 430,813 - -430,813 108,450
Sale of property
- - -15,000
- - - - -
- - - - -
- - - - -
**Total**
- - - -15,000
Conversion of endowment funds into income
- - - - -
Gain on disposal of a tangible fixed asset held
forcharity's ownuse
- - - - -
Gain on disposal of a programme related
investment
- - - - -
Royalties from the exploitation of intellectual
propertyrights
- - - - -
Other
- - - - -
**Total**
- - - - -
433,535- -433,535 136,356
**Other information:**
**Other:**
**Analysis of income**
**Donations**
**and legacies:**
**TOTAL INCOME**
**Charitable**
**activities:**
**Separate**
**material item**
**of income**
**Income from**
**investments:**
**Other trading**
**activities:**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
**Analysis of income**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
**Analysis of income**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
**Analysis of income**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
**Analysis of income**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
**Analysis of income**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**
**Analysis of income**| |---|---|---|---|---|---|---| ||Donations and gifts|2,722|-|-|2,722|10,669| ||Gift Aid||-|-|-|742| ||Legacies|-|-|-|-|-| ||General grants provided by government/other
charities|-|-|-|-|-| ||Membership subscriptions and sponsorships
which are in substance donations|-|-|-|-|| ||Donatedgoods,facilities and services|-|-|-|-|-| ||Other|-|-|-|-|| ||**Total**|2,722|-|-|2,722|11,411| |||||||| ||Training fees||-|-|-|1,063| ||||-|-|-|-| ||||-|-|-|-| ||Other||-|-|-|432| ||**Total**|-|-|-|-|1,495| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| ||Other|-|-|-|-|-| ||**Total**|-|-|-|-|-| |||||||| ||Interest income|1,967|-|-|1,967|3,322| ||Dividend and share income|428,846|-|-|428,846|105,128| ||Rental and leasing income|-|-|-|-|-| ||Other|-|-|-|-|-| ||**Total**|430,813|-|-|430,813|108,450| |||||||| ||Sale of property||-|-|-|15,000| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| ||**Total**|-|-|-|-|15,000| |||||||| ||Conversion of endowment funds into income|-|-|-|-|-| ||Gain on disposal of a tangible fixed asset held
forcharity's ownuse|-|-|-|-|-| ||Gain on disposal of a programme related
investment|-|-|-|-|-| ||Royalties from the exploitation of intellectual
propertyrights|-|-|-|-|-| ||Other|-|-|-|-|-| ||**Total**|-|-|-|-|-| |||||||| |||433,535|-|-|433,535|136,356| |||||||| |**All income in the prior year was unrestricted except for:**
**(please provide description and amounts)**||**N/A**||||| |**Where any endowment fund is converted into income in the**
**reporting period, please give the reason for the conversion.**||||||| |||**N/A**||||| CC17a (Excel) 23/12/2021 10 **Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts) N/A Where sums originally denominated in foreign currency have been included in income, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up). N/A** CC17a (Excel) 23/12/2021 11 CC17a (EX￿1} 2311212021 **Section C Notes to the accounts (cont)** ## **Note 4 Analysis of receipts of government grants** ## **N/A** ||**N/A**||| |---|---|---|---| |**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**
**_Please provide details of any_**
**_unfulfilled conditions and other_**
**_contingencies attaching to grants_**
**_that have been recognised in income._**
**_Please give details of other forms of_**
**_government assistance from which_**
**_the charity has directly benefited._**|**Description**|**This year**
**Last year**
**£**
**£**|| |||-|-| |||-|-| |||-|-| |||-|-| ||**Total**|-|-| ||||| ||||| ||||| ||||| CC17a (Excel) 23/12/2021 13 **Section C Notes to the accounts (cont)** ## **Note 5 Donated goods, facilities and services** |**Use of property**
**Other**
**Seconded staff**||**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**| |---|---|---|---| |||-|-| |||-|-| |||-|-| |||-|-| ||||| |**Please provide details of the**
**accounting policy for the recognition**
**and valuation of donated goods,**
**facilities and services.**|||| |**Please provide details of any**
**unfulfilled conditions and other**
**contingencies attaching to resources**
**from donated goods and services not**
**recognised in income.**
**Please give details of other forms of**
**other donated goods and services not**
**recognised in the accounts, eg**
**contribution of unpaid volunteers.**|||| ||||| ||||| ||||| CC17a (Excel) 23/12/2021 14 CC17a IExcell 2311212021 **Section C Notes to the accounts (cont)** ## **Note 6 Expenditure** |**Separate material**
**item of expense**
**Expenditure on**
**raising funds:**
**Other**
**Expenditure on**
**charitable**
**activities**|**Analysis of expenditure**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**£**
**£**| |---|---|---|---|---|---|---| ||Incurred seeking donations|-|-|-|-|-| ||Incurred seeking legacies|-|-|-|-|-| ||Incurred seeking grants|||||| ||Operating membership schemes and
social lotteries|||||| ||Staging fundraising events|||||| ||Fundraising agents|||||| ||Operating charity shops|||||| ||Operating a trading company
undertaking non-charitable trading
activity|||||| ||Advertising, marketing, direct mail and
publicity|-|-|-|-|-| ||Start up costs incurred in generating
new source of future income|-|-|-|-|-| ||Database development costs|-|-|-|-|-| ||Other trading activities|||||| ||Investment management costs:|-|-|-|-|| ||Portfolio management costs|-|-|-|-|-| ||Cost of obtaining investment advice|-|-|-|-|-| ||Investment administration costs|-|-|-|-|-| ||Intellectual property licencing costs|-|-|-|-|-| ||Rent collection, property repairs and
maintenance charges|-|-|-|-|-| |||-|-|-|-|-| ||**Total expenditure on raising funds**|-|-|-|-|-| |||||||| ||Purchase of equipment donated|111,801|-|-|111,801|176,907| ||Other operating costs|71,454|-|-|71,454|63,560| |||-|-|-|-|-| |||-|-|-|-|-| ||**Total expenditure on charitable**
**activities**|183,255|-|-|183,255|240,467| |||||||| |||-|-|-|-|-| ||Legal fees on sale of property||-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| ||**Total**|-|-|-|-|-| |||||||| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| |||-|-|-|-|-| CC17a (Excel) 23/12/2021 16 |**Total other expenditure**
**TOTAL EXPENDITURE**|**Total other expenditure**|-|-|-|-|-| |---|---|---|---|---|---|---| |||||||| |||183,255|-|-|183,255|240,467| CC17a (Excel) 23/12/2021 17 ## **Other information: N/A** ## **Analysis of expenditure on charitable activities** |**Activity or**
**programme**|**Activities undertaken directly**|**Activities undertaken directly**|**Grant**
**funding of**
**activities**|
**Support**
**Costs**|**Total this**
**year**|**_Total prior_**
**_year_**| |---|---|---|---|---|---|---| |||**£**|**£**|**£**|**£**|**£**| |Activity 1
Activity2||||||| |||||||| |Other||||||| |**Total**||||||| |||||||| |**Prior year expenditure on charitable activities**
**can be analysed as follows:**||||||| |||||||| |**Within the expenditure items above the**
**following items are material: (please disclose**
**the nature, amount and any prior year amounts)**||||||| |||||||| |**Where sums originally denominated in foreign**
**currency have been included in expenditure,**
**explain the basis on which those sums have**
**been translated into sterling (or the currency in**
**which the accounts are drawn up).**||||||| CC17a (Excel) 23/12/2021 18 ## **Section C Notes to the accounts (cont)** ## **Note 7 Extraordinary items - N/A** ## _**Please explain the nature of each extraordinary item occurring in the period.**_ |**Description**|**This year**
**Last year**
**£**
**£**|**This year**
**Last year**
**£**
**£**| |---|---|---| ||-|-| |||| ||-|-| ||-|-| ||-|-| |||| ||-|-| |**s**|-|-| **Extraordinary item 1 Extraordinary item 2 Extraordinary item 3 Extraordinary item 4 Total extraordinary items** CC17a (Excel) 23/12/2021 19 ## **Section C Notes to the accounts** ## **Note 8 Funds received as agent - N/A** ## _**8.1 Please complete this note if the charity has agreed to administer the funds of another entity as its agent. Note: If a charity is acting as an agent, it should not recognise the income in the Statement of Financial Activities or the Balance Sheet.**_ |||**Amount received**|**Amount received**|**Amountpaid out**|**Amountpaid out**|**Balance held atperiod end**|**Balance held atperiod end**| |---|---|---|---|---|---|---|---| |**Description/name of party**|**Related**
**party (Yes**
**or No)**|**Thisyear**|**Lastyear**|**Thisyear**|**Lastyear**|**Thisyear**|**Lastyear**| |||**£**|**£**|**£**|**£**|**£**|**£**| |||-|-|-|-|-|-| |||-|-|-|-|-|-| |||-|-|-|-|-|-| |||-|-|-|-|-|-| |||-|-|-|-|-|-| |**Total**||-|-|-|-|-|-| ## _**8.2 Where a consortia or similar arrangement exists whereby 2 or more charities co-operate to achieve economies in the purchase of goods or services, please disclose details of any balances outstanding between any participating members.**_ |**Description/name of party**|**Balance held atperiod end**|**Balance held atperiod end**| |---|---|---| ||**Thisyear**|**Lastyear**| ||**£**|**£**| ||-|-| ||-|-| ||-|-| ||-|-| ||-|-| |**Total**|-|-| CC17a (Excel) 23/12/2021 20 ## **Section C Notes to the accounts** ## **Note 9 Support Costs** _**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_ |**Support cost**
**(examples)**|**Raising funds**
**£**|**Activity 1**
**£**|**Activity 2**
**£**|**Activity 3**
**£**|**Grand total**
**£**|**Basis of**
**allocation**| |---|---|---|---|---|---|---| |||||||**(Describe**
**method)**| |Governance|-|-||-|-|100% costs| ||-|-||-|-|| ||-|-||-|-|| ||-|-||-|-|| |Other|-|-||-|-|| |**Total**|-|-||-|-|| _**Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.**_ **100% of the governance costs are attributable to raising funds** CC17a (Excel) 23/12/2021 21 ## **Section C Notes to the accounts** ## **Note 10 Details of certain types of expenditure** ## **Note 10.1 Fees for examination of the accounts** _**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_ |**Tax advisory fees**
**Other fees (for example: financial advice, consultancy, accountancy services) paid**
**to the independent examiner**
**Independent examiner’s fees**
**Assurance services other than independent examination**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||1500|1200| ||0|0| ||0|0| ||0|0| CC17a (Excel) 23/12/2021 22 **Section C Notes to the accounts (cont)** ## **Note 11 Paid employees** _**Please complete this note if the charity has any employees (transactions with Trustees dealt with in Note 28)**_ ## **11.1 Staff Costs - no staff costs were incurred during this period** |**Social security costs**
**Other employee benefits**
**Total staff costs**
**Pension costs (defined contribution pension plan)**
**Salaries and wages**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||nil|nil| ||-|-| |||| ||-|-| ||-|-| ## **Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party N/A** _**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.**_ |**No employees received employee benefit**
**pension costs) for the reporting period of**|**s (excluding employer**
**more than £60,000**|**N/A**| |---|---|---| |||| |**Band**|**Nu**|**mber of employees**| |**£60,000 to £69,999**||-| |**£70,000 to £79,999**||-| |**£80,000 to £89,999**||-| |**£90,000 to £99,999**||-| |**£100,000 to £109,999**||-| |||| |||| |||| |**Please provide the total amount paid to**
**key management personnel (includes**
**trustees and senior management) for**
**their services to the charity. For specific**
**amounts paid to trustees, see Note 28.**||| |||| |**Please state the accounting policy for**
**any redundancy or termination**
**payments**
**11.3 Ex-gratia payments to employees an**
**Please explain the nature of the payment**
**11.4 Redundancy payments**
**Total amount of payment**
**Please state the legal authority or reason**
**for making the payment**
**Please state the amount of the payment**
**(or value of any waiver of a right to an**
**asset)**
**_Please complete if an ex-gratia payment i_**
**The parts of the charity in which the**
**employees work**
**11.2 Average head count in the year**
**The extent of redundancy funding at the**
**balance sheet date**
**The nature of the payment (cash, asset**
**etc.)**
**_Please complete if any redundancy or ter_**||**This year**
**Number**|**Last year**
**Number**| |---|---|---|---| ||**Fundraising**|-|-| ||**Charitable Activities**|-|-| ||**Governance**|-|-| ||**Other**|-|-| ||**Total**|
NIL|
NIL| ||**d others (excluding trustees)**
**_s made._**||| ||**N/A**||| ||
**N/A**||| ||**N/A**||| ||**_mination payment is made in the period._**||| ||**N/A**||| ||||| ||**N/A**||| ||||| ||**N/A**||| ||||| ||**N/A**||| CC17a (Excel) 23/12/2021 23 **Section C Notes to the accounts (cont)** **Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.** ## _**12.1 Please complete this note if a defined contribution pension scheme is operated.**_ |**Amount of contributions recognised in**|**N/A**| |---|---| |**the SOFA as an expense**|| |**Please explain the basis for allocating**|**N/A**| |**the liability and expense of defined**|| |**contribution pension scheme between**|| |**activities and between restricted and**|| |**unrestricted funds.**|| |**_12.2 Please complete this section where_**|**_the charity participates in a defined benefit pension plan but is_**| |**_unable to ascertain its share of the underlying assets and liabilities._**|| |**Please confirm that although the**|**N/A**| |**scheme is accounted for as a defined**|| |**contribution plan, it is a defined benefit**|| |**plan.**|| |**Please provide such information as is**|**N/A**| |**available about the plan's surplus or**|| |**deficit and the implications, if any, for**|| |**the reporting charity**|| ## _**12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.**_ **N/A Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multi-employer plan N/A Explain how any liability arising from an agreement with a multi-employer plan to fund a deficit has been determined.** CC17a (Excel) 23/12/2021 24 CC17a IExcell 25 2311212021 ## **Section C Notes to the accounts (cont)** ## **Note 13 Grantmaking** _**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_ ## **13.1 Analysis of grants paid (included in cost of charitable activities)** |**Analysis**|**Grants to**
**institutions**|**Grants to**
**individuals**|**Support costs**|**Total**| |---|---|---|---|---| |Activityorproject 1|||**£**|**£**| |Activityorproject 2|||-|-| |Activityorproject 3|||-|-| |Activityorproject 4|||-|-| |**_Total_**|**-**|**-**|**-**|**-**| ## _**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_ ## **13.2 Grants made to institutions - N/A** |**_My charity has made grants to particular institutions that are material in the_**
**_context of its grantmaking. Details of the institution supported, purpose of_**
**_the grant and total paid to each institution is available on the charity's web_**
**_site._**|**_No_**|**_Please provide_**
**_details of charity's_**
**_URL._**| |---|---|---| |||**_Provide details_**
**_below_**| |**Names of institution**|**Purpose**|**Total amount of**
**grantspaid £**| |---|---|---| |||-| |||-| |||-| |||-| |||-| |||-| |||-| |||-| |||-| |||-| |**_TOTAL GRANTS PAID_**
**_Other unanalysed grants_**
**_Total grants to institutions in reporting period_**||**-**| |||-| |||nil| CC17a (Excel) 23/12/2021 26 ## **Section C Notes to the accounts (cont)** ## **Note 14 Tangible fixed assets** _**Please complete this note if the charity has any tangible fixed assets**_ ## **14.1 Cost or valuation** |**14.1 Cost or valuation**
**Note 14 Tangible fixed assets**
**_Please complete this note if the charity has any tangible fixed assets_**|**14.1 Cost or valuation**
**Note 14 Tangible fixed assets**
**_Please complete this note if the charity has any tangible fixed assets_**|**14.1 Cost or valuation**
**Note 14 Tangible fixed assets**
**_Please complete this note if the charity has any tangible fixed assets_**|**14.1 Cost or valuation**
**Note 14 Tangible fixed assets**
**_Please complete this note if the charity has any tangible fixed assets_**|**14.1 Cost or valuation**
**Note 14 Tangible fixed assets**
**_Please complete this note if the charity has any tangible fixed assets_**|**14.1 Cost or valuation**
**Note 14 Tangible fixed assets**
**_Please complete this note if the charity has any tangible fixed assets_**|**14.1 Cost or valuation**
**Note 14 Tangible fixed assets**
**_Please complete this note if the charity has any tangible fixed assets_**| |---|---|---|---|---|---|---| |**Freehold land**
**& buildings**
**Other land &**
**buildings**
**Plant,**
**machinery and**
**motor vehicles**
**Fixtures,**
**fittings and**
**equipment**
**Total**
**£**
**£**
**£**
**£**
**£**
At the beginning of the
year
- - 22,717 22,717
Additions
132,400 - 7,872 140,272
Revaluations
- - - - -
Disposals
- - - -
Transfers *
- - - - -
At end of the year
- 132,400 - 30,589 162,989
****Basis**
SL or RB
SL or RB
SL or RB
SL or RB
SL or RB
Straight Line
("SL") or
Reducing
Balance
("RB")
**** Rate**
4% SL
At beginning of the
year
- - - 8,056 8,056
Disposals
- - - - -
Depreciation
- 561 - 4,413 4,974
Impairment
- - - - -
Transfers*
- - - - -
At end of the year
- 561 - 12,469 13,030
Net book value at the
beginning of the year
- - - 14,661 14,661
Net book value at the
end of the year
- 131,839 - 18,120 149,959
**14.3 Net book value**
**14.2 Depreciation and impairments**||||||| ||SL or RB|SL or RB|SL or RB|SL or RB|SL or RB|Straight Line
("SL") or
Reducing
Balance
("RB")| |||4% SL||||| ||- - - 8,056 8,056
- - - - -
- 561 - 4,413 4,974
- - - - -
- - - - -
- 561 - 12,469 13,030
- - - 14,661 14,661
- 131,839 - 18,120 149,959|||||| ||-|-|-|14,661|14,661|| ||-|131,839|-|18,120|149,959|| CC17a (Excel) 23/12/2021 27 ## **14.4 Impairment** _**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_ **No impairement on any assets incurred during the year** ## **14.5 Revaluation** _**If an accounting policy of revaluation is adopted,**_ ## _**please provide:**_ **not applicable not applicable not applicable not applicable** _**the effective date of the revaluation**_ _**the name of independent valuer, if applicable**_ _**the methods applied and significant assumptions**_ _**the carrying amount that would have been recognised had the assets been carried under the cost model.**_ ## **14.6 Other disclosures** _**(i) Please state the amount of borrowing costs, if any, capitalised in the construction of tangible fixed assets and the capitalisation rate used.**_ _**(ii) Please provide the amount of contractual commitments for the acquisition of tangible fixed assets.**_ _**(iii) Details of the existence and carrying amounts of property, plant and equipment to which the charity has restricted title or that are pledged as security for liabilities.**_ **not applicable not applicable not applicable** - _The "transfers" row is for movements between fixed asset categories._ - _** Please indicate the method of depreciation by deleting the method not applicable_ CC17a (Excel) 23/12/2021 28 **Section C Notes to the accounts** ## **Note 15 Intangible assets** _**Please complete this note if the charity has any intangible assets**_ ## **15.1 Cost or valuation** |At beginning of the
year
Additions
Disposals
Revaluations
Transfers *
At end of the year|**Project**
**development**
**costs**
**£**|**Patents and**
**trademarks**
**£**|**Other**
**£**|**Total**
**£**| |---|---|---|---|---| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ## **15.2 Amortisation and impairments** |****Method of**
**amortisation**
**** Rate**
At beginning of the
year
Disposals
Amortisation
Impairment
Transfers*
At end of year
Nat book value at the
beginning of the year
Net book value at the
end of the year
**15.3 Net book value**|
SL or RB|SL or RB|SL or RB|SL or RB|Straight Line
("SL") or
Reducing
Balance
("RB")| |---|---|---|---|---|---| ||||||| ||- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -
- - - -||||| ||-|-|-|-|| ||-|-|-|-|| ## **15.4 Accounting policy** _**Please disclose the accounting policy for intangible fixed assets including: Reasons for choosing amortisation rates Policies for the recognition of any capital development**_ ## **15.5 Impairment** CC17a (Excel) 23/12/2021 29 _**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_ CC17a (Excel) 23/12/2021 30 ## **15.6 Revaluation** _**If an accounting policy of revaluation is adopted, please provide:**_ _**the effective date of the revaluation**_ **N/A** _**the name of independent valuer, if applicable the methods applied the carrying amount that would have been recognised had the assets been carried under the cost model.**_ **15.7 Other disclosures** _**(i) If your intangible asset was acquired by way of grant, provide value on initial recognition and carrying amount of the asset.**_ _**(ii) Details of the carrying amounts of any intangible assets to which the charity has restricted title or that are pledged as security for liabilities.**_ _**(iii) Please provide the amount of contractual commitments for the acquisition of intangible assets. (iv) State the amount of research and development expenditure recognised as expenditure in the year.**_ _**(v) Please detail the headings in the SOFA in which a charge for amortisation of intangible assets is included.**_ _**(vi) For any material intangible assets, please provide a description, its carrying amount and any remaining amortisation period.**_ - _The "transfers" row is for movements between fixed asset categories._ _** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual_ CC17a (Excel) 23/12/2021 31 ## **Section C Notes to the accounts (cont)** ## **Note 16 Heritage assets - N/A** _**Please complete this note if the charity has heritage assets**_ **16.1 General disclosures for all charities holding heritage assets** **(i) Explain the nature and scale of heritage assets held. (ii) Explain the policy for the acquisition, preservation, management and disposal of heritage assets.** ## **16.2 Cost or valuation** |At beginning of the year
Additions
Disposals
Revaluations
Transfers *
At end of the year|**Heritage asset**
**1**
**£**|**Heritage asset**
**2**
**£**|**Heritage asset**
**3**
**£**|**Heritage asset**
**4**
**£**|**Total**
**£**| |---|---|---|---|---|---| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ## **16.3 Depreciation and impairments** |****Basis**
**** Rate**
At beginning of the year
Disposals
Depreciation
Impairment
Transfers*
At end of year
Nat book value at the beginning of the
year
Net book value at the end of the year
**16.4 Net book value**|SL or RB|SL or RB|SL or RB|SL or RB|SL or RB|Straight Line
("SL") or
Reducing
Balance| |---|---|---|---|---|---|---| |||||||| ||- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -|||||| ||-|-|-|-|-|| ||-|-|-|-|-|| ## **16.5 Impairment** _**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_ ## **16.6 Revaluation** _**If an accounting policy of revaluation is adopted, please provide:**_ _**the effective date of the revaluation**_ _**the name of independent valuer, if applicable**_ _**qualifications of independent valuer**_ _**the methods applied and significant assumptions**_ CC17a (Excel) 23/12/2021 32 ## _**any significant limitations on the valuation**_ ## **16.7 Analysis of heritage assets by class or group distinguishing those at cost and those at valuation** |Carrying amount at the beginning of the period
Additions
Disposals
Depreciation/impairment
Revaluation
Carrying amount at the end of period|**At valuation**
**Group A**
**£**|**At cost Group**
**B**
**£**|**Total**
**£**| |---|---|---|---| ||-|-|-| ||-|-|-| ||-|-|-| ||-|-|-| ||-|-|-| ||-|-|-| ## **16.8 Heritage assets (where heritage assets are not recognised on the balance sheet)** **(i) Explain the reason why heritage assets have not been recognised on the balance sheet. (ii) Describe the significance and nature of heritage assets.** **(iii) Disclose information that is helpful in assessing the value of heritage assets. (iv) Explain the reason why it is not practicable to obtain a valuation of heritage assets.** ## **16.9 Five year summary of heritage assets transactions** ||**2015**|**2014**|**2013**|**2012**|**2011**| |---|---|---|---|---|---| |**Purchases**
Group A
Group B
Group C
Other
**Donations**
Group A
Group B
Group C
Other
**Total additions**
**Charge for impairment**
Group A
Group B
Group C
Other
**Total charge for impairment**
**Disposals**
Group A - carrying amount
Group B - carrying amount
Group C
Other
**Total disposals**|**£**|**£**|**£**|**£**|**£**| ||||||| ||-|-|-|-|-| ||-|-|-|-|-| ||-||||| ||-||||| ||||||| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||**-**|**-**|**-**|**-**|**-**| ||||||| ||||||| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||**-**|**-**|**-**|**-**|**-**| ||||||| ||||||| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||**-**|**-**|**-**|**-**|**-**| CC17a (Excel) 23/12/2021 33 **Section C Notes to the accounts (cont)** ## **Note 17 Investment assets** ## _**Please complete this note if the charity has any investment assets.**_ ## **17.1 Fixed assets investments (please provide for each class of investment)** |Carrying (fair) value at beginning of
period
**Add:**additions to investments during
period*
**Less:**disposals at carrying value
**Less: impairments**
**Add: Reversal of impairments**
**Add/(deduct):**transfer in/(out) in the
period
**Add/(deduct):**net gain/(loss) on
revaluation
Carrying (fair) value at end of year|**Cash & cash**
**equivalents**|**Listed**
**investments**|**Investment**
**properties**|**Social**
**investments**|**Other**|**Total**| |---|---|---|---|---|---|---| ||-|-||-|-|-| ||-|-||-|-|-| ||-|-||-|-|-| ||-|-||-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ***Please specify additions resulting from acquisitions through business combinations, if any.** _**Please note that Fair Value in this context is the amount for which an asset could be exchanged between knowledgeable and willing parties in an arm's length transaction. For traded securities, the fair value is the value of the security quoted on the London Stock Exchange Daily Official List or equivalent. For other assets where there is no market price on a traded market, it is the trustees' or valuers' best estimate of fair value.**_ ## **17.2 Please provide a breakdown of investments shown above agreeing with the balance sheet row B04 differentiating between those held at fair value and those held at cost less impairment.** |**Analysis of investments**
**Cash or cash equivalents**
**Investment properties**
**Other investments**
**Grand total (Fair value at year end+Cost less impairment)**
**Total**
**Social investments**
**Listed investments**||| |---|---|---| ||**Fair value at year end**|**Cost less impairment**| ||**£**|**£**| ||-|-| ||-|-| ||-|-| ||-|-| ||-|-| ||-|-| |||| ## **17.3 If your charity holds investment properties, please complete the following note:** CC17a (Excel) 23/12/2021 34 **(i) Explain the methods and significant assumptions in determining the fair value of investment property held by the charity** Fair value during the year based on the amount paid during that year of acquisition - **(ii) Name or independent valuer, if applicable, and relevant qualifications** **(iii) Provide details of any restrictions on the ability to realise investment property or on the remittance of income or disposal proceeds (iv) Explain any contractual obligations for the purchase, construction or development of investment property or for repairs, maintenance or enhancements** **17.4 Please provide a breakdown of current asset investments, if applicable, agreeing with the balance sheet.** |**Analysis of current asset**
**investments**
**Social investments**
**Other investments**
**Total**
**Cash or cash equivalents**
**Listed investments**
**Investment properties**|**This year**|**Last year**| |---|---|---| ||**£**|**£**| ||-|-| ||-|-| ||3,334,505|-| ||-|-| ||-|-| ||3,334,505|-| |||| ## **17.5 Guarantees** **Please provide details and amount of any guarantee made to or on behalf of a third party** **Name of the entity or entities benefitting from those guarantees** none none not applicable **Please explain how the guarantee furthers the charity's aims** ## **17.6 Concessionary loans** **Amount of concessionary loans made (** _**Multiple loans made may be disclosed in aggregate provided that such aggregation does not obscure significant information**_ **).** **Amount of concessionary loans received** _**(Multiple loans received may be disclosed in aggregate provided that such aggregation does not obscure significant information).**_ |**_Description_**|**_Description_**|**_Description_**|**_Description_**|**_Description_**|**This year**
**£**| |---|---|---|---|---|---| ||||||| ||||||| ||||||| ||||||| |**_Total_**|||||nil| ||||||| |**_Description_**|||||**This year**
**£**| ||||||| ||||||| ||||||| |**_Total_**|||||nil| CC17a (Excel) 23/12/2021 35 **Terms and conditions eg interest rate, security provided** **Value of any concessionary loans which have been committed but not taken up at the reporting date** **Amounts payable within 1 year** **Amounts payable after more than 1 year** **Amounts receivable within 1 year** **Amounts receivable after more than 1 year** ## **17.7 Additional information** **Please provide information about the significance of investments to the charity's financial position or performance eg. terms and conditions of loans or the use of hedging to manage financial risk.** The charity entrusts its investment strategy and activities to a registered fund m receiving regular reports **For all investments measured at fair value, the basis for determining the value, including any assumptions applied when using a valuation technique.** **Where a charity or its subsidiary has provided financial assets as a form of security, the carrying amount of the financial asset pledged as security and the terms and conditions relating to its pledge.** CC17a (Excel) 23/12/2021 36 CC17a IExcÈll 37 2311W2021 Last year £ Last year £ CC17a IExcÈll 38 2311W2021 manag8r, CC17a IExcÈll 39 2311W2021 ## **Section C Notes to the accounts** ## **Note 18 Stocks** ## _**Please complete this note if the charity holds any stock items**_ ## **18.1 Please state the carrying amount of stock and work in progress analysed between activities.** |**Charitable activities:**
**_Opening_**
**_Added in period_**
**_Expensed in period_**
**_Impaired_**
**_Closing_**
**Other trading activities:**
**_Opening_**
**_Added in period_**
**_Expensed in period_**
**_Impaired_**
**_Closing_**
**Other:**
**_Opening_**
**_Added in period_**
**_Expensed in period_**
**_Impaired_**
**_Closing_**
**Total this year**
**_Total previous year_**|**Stock**|**Stock**|**Donated goods**|**Donated goods**|**Work in**
**progress**| |---|---|---|---|---|---| ||**For**
**distribution**|**For resale**|**For**
**distribution**|**For resale**|| ||**£**|**£**|**£**|**£**|**£**| ||||||| ||80,656|-|-|-|-| |||-|-|-|-| ||- 12,500|-|-|-|-| ||-|-|-|-|-| ||**68,156**|**-**|**-**|**-**|**-**| ||||||| ||||||| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||**-**|**-**|**-**|**-**|**-**| ||||||| ||||||| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||**-**|**-**|**-**|**-**|**-**| ||68,156|-|-|-|-| ||80,656|-|-|-|-| CC17a (Excel) 23/12/2021 40 **18.2 Please specify the carrying amount of any stocks pledged as security for liabilities** CC17a (Excel) 23/12/2021 41 CC17a (EX￿1) 42 2311212021 ## **Section C Notes to the accounts (cont)** ## **Note 19 Debtors and prepayments** ## _**Please complete this note if the charity has any debtors or prepayments.**_ ## **19.1 Analysis of debtors** |**Total**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||2,242|2,796| ||1,094|698| ||-|-| ||3,336|3,494| ## _**Complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_ ## **19.2 Disclosure of debtors recoverable in more than 1 year (included in debtors above)** |**Total**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||-|-| ||-|-| ||-|-| ||NIL|NIL| CC17a (Excel) 23/12/2021 43 ## **Section C Notes to the accounts (cont)** ## **Note 20 Creditors and accruals** ## _**Please complete this note if the charity has any creditors or accruals.**_ ## **20.1 Analysis of creditors** |**Accruals for grants payable**
**Bank loans and overdrafts**
**Trade creditors**
**Payments received on account for contracts**
**or performance-related grants**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors**
**Total**|**Amounts falling due**
**within oneyear**|**Amounts falling due**
**within oneyear**|**Amounts falling due after**
**more than oneyear**|**Amounts falling due after**
**more than oneyear**| |---|---|---|---|---| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||-|-|-|-| ||-|-|-|-| ||- 12,727|625|-|-| ||-|-|-|-| ||59,109|-|-|-| ||-|-|-|-| ||-|-|-|-| ||46,382|625|NIL|NIL| ## **20.2 Deferred income** ## _**Please complete this note if the charity has deferred income.**_ ## _**Please explain the reasons why income is deferred.**_ |**_Movement in deferred income account_**
**Amounts released to income from previous periods**
**Balance at the end of the reporting period**
**Amounts added in current period**
**Balance at the start of the reporting period**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||-|-| ||-|-| ||-|-| ||NIL|NIL| CC17a (Excel) 23/12/2021 44 ## **Section C Notes to the accounts (cont)** ## **Note 21 Provisions for liabilities and charges** _**You should complete this note if you have included in the charity expenditure any provisions. A provision is made when the charity has a liability of uncertain timing or amount.**_ ## **21.1 Please provide:** **- a brief description of any obligations on the balance sheet and the expected amount and timing of resulting payments; - an indication of the uncertainties about the amount or timing of those outflows; and - the amount of any expected reimbursement, stating the amount of any asset that has been recognised for that expected reimbursement.** ## _**N/A**_ ## **21.2 Movements in recognised provisions and funding commitment during the period** **Balance at the start of the reporting period Amounts added in current period Amounts charged against the provision in the current period Unused amounts reversed during the period Balance at the end of the reporting period** |**g theperiod**|| |---|---| |**This year**
**£**|**Last year**
**£**| |-|-| |-|-| |-|-| |-|-| |-|-| **21.3 For any funding commitment that is not recognised as a liability or provision, provide details of commitment made, the time frame of that commitment, any performance-related conditions and details of how the commitment will be funded (with contracts for capital expenditure separately identified)..** **21.4 Where unrestricted funds have been designated to a fund commitment, please disclose the nature of any amounts designated and the likely timing of that expenditure.** CC17a (Excel) 23/12/2021 45 **Section C Notes to the accounts (cont)** **Note 22 Other disclosures for debtors, creditors and other basic financial instruments** **22.1 Please provide information about the significance of financial instruments (eg. debtors, creditors, investments etc) to the charity's financial position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk.** **22.2 If the charity has provided financial assets as a form of security, the carrying amount of the financial assets pledged as security and the terms and conditions related to its pledge should be given here.** CC17a (Excel) 23/12/2021 46 ## **Section C Notes to the accounts (cont)** ## **Note 23 Contingent liabilities and contingent assets** ## **23.1 Contingent liabilities** ## **Where the charity has contingent liabilities, please complete the following section unless the possibility of their existence is remote.** **Description of item including its legal nature. Estimate of financial effect Please describe any security provided in connection to the liability.** ## **23.2 Contingent assets** ## **Where the charity has contingent assets, please complete the following section when their existence is probable** **Description of item Estimate of financial effect** ## **23.3 Other disclosures for contingent assets and/or liabilities Please provide the following information where practicable:** **Explain any uncertainties relating to the amount or timing of settlement; and the possibility of any reimbursement Where it is not practical to make one or more of these disclosures, please state this fact** CC17a (Excel) 23/12/2021 47 ## **Section C Notes to the accounts (cont)** **Note 24 Cash at bank and in hand** |**Other**
**Short term deposits**
**Cash at bank and on hand**
**Total**
**Short term cash investments (less than 3 months maturity date)**|**This year**
**£**|**Last year**
**£**| |---|---|---| |||-| ||-|-| ||347,978|508,103| ||-|-| ||347,978|508,103| CC17a (Excel) 23/12/2021 48 ## **Section C Notes to the accounts (cont)** ## **Note 25 Fair value of assets and liabilities** **25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks.** Owing to the significant liquid assets the charity's risk to exposure is considered low. It's exposure to equity investments is minimised by the use of a fund manager. **25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.** N/A CC17a (Excel) 23/12/2021 49 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of r.h3rity Nani Medi Tech Trust On accounts for the year ended Charity no (If any) 30th June 2021 1157837 Set out on pages (rèmember to indude the pagg DiJmbers 91add￿Ona1 $hep.isl I report to the trustees on my examination of the accounts of the above charity (the Trust.) for the year ended 3010612021. Responsibllltles and basis of report As the charrty's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'l. I report in respect of my examinalion of the Trust's a¢¢ounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(51(b} of the Act. Independent I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination {other than that disclosed below "} which gives me cause to believe that in, any material respect.. the a¢¢ounting records were not kept in accordance with section 130 of the Charities Act., or the accounts did not accord with the accounting record5 I have no COn￿mS and have come across no other matters in ¢onnection with the examination to which attention should be drawn in this report in order to enable a proper understsnding of the accounts to be reached. Pleas8 delete the words in the brackets rfthey do not apply. Signed: Date: 2311212021 Narne: John Males Relevant professlonal quallflcationlsl or body (If any): ICAEW Addre88: 30- 34 North Street Hailsham East Sussex. BN27 1 DW IER Oct 2018 Section B Disclosure Only complele if the examiner needs lo highlight material matters of concem (see CC32, Independent examination of charty accounts.. d1￿CtIOnS and guidance for examiners). Give here brief details of any items that th8 examiner wishes to disclose. IER Oct 2018