2022-03-31-accounts

	Page	Page
Reference and administrative details ofthe charity, its trustees and advisers		1
Trustee& report	2	- 3
Statement offinancial activities		4
Balance sheet		5
Notes to the financial statements	6	- 12

FOR THE YEAR EN	DED 31 MARCH 2022
			Unrestricted	Total	Total
			funds	funds	funds
			2022	2022	2021
		Note	£	£	£
Income from:
Investments		2	148,047	148,047	196,390
Total income			148,047	148,047	196,390
Expenditure on:
Charitable activities			392,463	392,463	192,407
Total expenditure			392,463	392,463	192,407
Net income I (expenditure) before other recognised gains
and losses			(244,416)	(244,416)	3,983
Net movement in funds			(244,416)	(244,416)	3,983
Reconciliation offunds:
Total funds brought forward			9,020,941	9,020,941	9,016,958
			8,776,525	8,776,525	9,020,941
Total funds carried	forward

2.	Investment in	come
			Unrestricted	Total	Total
			funds	funds	funds
			2022	2022	2021
			£	£	£
	Charity mv inc	- interest	148,047	148,047	196,390
	Total 2021		196,390	196,390
3.	Direct costs
			Community	Total	Total
			grants	2022	2021
			£	£	£
	Grants awarded		330,842	330,842	138,006
	Total 2021		138,006	138,006

Support costs
			Total	Total
	Other	Support	2022	2021
	£	£	£	£
Premises costs	-	21,600	21,600	21,600
Accountancyfees	-	3,132	3,132	432
Insurance	-	492	492	458
Bank charges	-	109	109	51
Wages and salaries	-	34,626	34,626	30,196
Pension cost	1,663	-	1,663	1,664
Subtotal	1,663	59,959	61,622	54,401
Rounding	(1)	-	(1)
	1,662	59,959	61,621	54,401
Total 2021	1,664	52,737	54,401

	2022	2021
	£	£
Wages and salaries	34,626	30,196
Other pension costs	1,663	1,664
	36,289	31,860

The following were subsidiary undertakings of the company:
Name	Holding
ITREND Medical Research Limited	75%
New Park Place Limited	100%
The aggregate of the share capital and reserves as at 31 March 2022 and of the profit or loss for the year
ended on that date for the subsidiary undertakings were as follows:

	Aggregate of
	share capital
Name	and reserves	Profit/(loss)
	£	£
ITREND Medical Research Limited	(387,322)	(212,760)
New Park Place Limited

Debtors
	2022	2021
	£	£
Amounts owed by group undertakings	2,860,708	7,232,666
Other debtors	347,722	122,722
Prepayments and accrued income	145	132
	3,208,575	7,355,520
Creditors: Amounts falling due within one year
	2022	2021
	£	£
Othertaxation and social security	1,072	754
Accruals	5,401	2,701
	6,473	3,455

				Balance at
	Balance at			31 March
1	April 2020	Income	Expenditure	2021
	£	£	£	£
	9,016,958	196,390	(192,407)	9,020,941

Analy	sis of net assets between funds	- current year
			Unrestricted	Total
			funds	funds
			2022	2022
			£	£
Fixed	asset investments		600,001	600,001
Current assets			8,182,997	8,182,997
Creditors due within one year			(6,473)	(6,473)
			8,776,525	8,776,525
Analysis of net assets between funds		- prior year
			Unrestricted	Total
			funds	funds
			2021	2021
			£	£
Fixed	asset investments		600,001	600,001
Current assets			8,424,395	8,424,395
Creditors due within one year			(3,455)	(3,455)
			9,020,941	9,020,941
11.	Reconciliation of net movement	in funds to net cash flow from operating activities
			2022	2021
			£	£
	Net (expenditure)/income for the year (as per Statement of Financial
	Activities)		(244,416)	3,983
	Adjustment for:
	Decrease in debtors		4,146,945	1,032,433
	Increase/(decrease) in creditors		3,018	(18)
	Net cash provided by operating	activities	3,905,547	1,036,398

			2022	2021
			£	£
Cash	in	hand	4,974,422	1,068,875
Total			4,974,422	1,068,875