2022-06-30-accounts

										Total
								Unrestricted		2022
							Note
Income and Endowments	from:
Donations and legacies									1,338,421	1,338,421
Investments									70	70
TotalIncome and Endowments									1,338,491	1,338,491
Expenditure on: Charitable activities							~		(1,340,196)	~),340,)96
Total Expenditure Net expenditure								~1,340,196 ~)705		~1,340,)96 ~)705
Net movement in funds									(1,705)	(1,705)
Recondlhtton offunds
Total funds bmught forward									4,584	4,584
Total funds carried forward							12	0	2,879 'a	2,879 330
									funds	2021
							Note		f	f
Income and Endowments	from:
Donations and legacies							2		1,732,150	1,732,150
Investment income							3		59	59
Total income									1,732,209	1,732,209
Expenditure on:
Charitable activities							4		(1,792,479)	(1,792,479)
Total expenditme									(1,792,479)	(1,792,479)
Net expenditure								~60,270		(60,270)
Net movement in funds									(60,270)	(60,270)
Recoacillstion offunds
Total funds bmught forward									64,854	64,854
Total funds carried forward							12		4,584	4,584
The Statement ofFinancial	Activities		also complies	with	the requirements	ofan income			snd expenditure	account under
the Companies Act 2006.
All amounts relate to continuing		activities ofthe charitable			company.
The Statement ofFinancial	Activities		includes all gains and losses recognised				in the	year.

		Balance S	heet	as at30Jun	e 2022
						2022	2021
					Note	8	8
Current assets
Debtors						63		939
Cash at bank and in hand						6,135	12316
Creditors: Amounts	faluag dne wuhin one year				tll	6,198 13455 ~3.318 ~8,670
Net assets						2,88O		o85
Funds ofthe charity:
Uarestricted income	funds
Called up share capital						1		1
Unrestricted						2,879		4,584
Total unrestricted funds					12	2,8&0		4,585
Total fuads						2,880		4,585
These accounts have	been prepared	in accordance	with	the provisions	applicable	to companies subject to the		small
companies regime.

	S	tatem	ent ofCash Flows for th	e Year Ended 30J	une 2022
					2022	2021
				Note	8
Cash flows from operating activities
Net cash expendiuuu					(1,705)	(60,270)
Adjushnents to cash flows from non-cash items
Investment income					(70)	(59)
					(1,775)	(60,329)
Worhlng capital adjustments
Decrease in debtors				8	876	13,799
(Decrease)/increase	in creditors			10	(5,352)	6,000
Net cash flows fmm	operating		activities		(6,251)	(40,530)
Cash flows from flaancing activiues
Investment income					70	59
Net decrease in cash	and	cash equivalents			(6,181)	(40,471)
Cash and cash equivalents		at I	July		12,316	52,787
Cash snd cash equivalents		at30June			6135	123I6
					6,135	12,316

		Activity
		undertaken	Grant funding
		directly f	ofactivity f	2022	2021f
Grant payments	made to Massachusetts
Institute ofTecbaology		7,336,870	3327	7 360697	1,792,479

Raising funds	expenditure
Support costs	allocated to charitable	activities
				Other support	Total	Total
			piaance costs	costs f.	2022	2021 f
Grant payments made to Massachusens Institute ofTechnology			~6,768	70,093	3.327	7,054

7 Auditors' remuneration
	2022f	2021
Other fees to auditors
Audit ofthe Gnancial statements	1,086	1,005
All other non-sudit services	1,336	1,365
	2,422	2,370

12 Funds
			Balance	at 1	Incoming	Resources	Balance	at30
			July 2021		resources	expended	Jooe2022
					0	0
Uarestricted	funds
General				4504	1338491	~(340J96		2,879
Unrestricted	funds
			Balance	at 1	Incoming	Resources	Balance	at30
			July 2020 0		resources 8	expended	June 2021 f
Unrestricted	1'unde
General
Unrestricted	income fund		64 854		1,732209	~((,705,479		4,584
13 Analysts ofnet assets between		funds
						Unrestricted
						funds	Total funds at
						General	30June	2022
						f
Current assets Current liabilities						6,198 ~3310	6,198 ~3.3(8
Total net assets						2,880		2,880
						Unrestricted
						funds	Total funds at
						General	30Juae	2021
						0	8
Cunont assets Current liabilities						13,255 (8.67(I&	13,255 ~8.670
Total net assets						4.585		4.585