2021-03-31-accounts

. Friends of-" Moorfields. Annual Report and Accounts To 31st March 2021

				2021	2021	2021	2020
			Notes	Unreslricted f	Restricted f	Total f	Unrestricted f
Income and Endowments		tmm	2
Donations and Legacies				299,845		299,845	309,423
Charitable Activities				129,633		129,633	4,079
Other Trading Activities				35,213		35,213	140,005
Investments				35,063		35,063	43,072
Grants (incl Coronavirus		grants). '		41,219	100,000	141,219
Other				3,901		3,901	77,135
Total				544,874	100,000	644,874	573,713
Expenditure on
Support Costs/Raising	Funds			26,874		26,674	49,615
Charitable Activities				283,495	100,000	383,495	1,410,589
Total				310,369	100,000	410,369	1,460,204
Net incoming/(outgoing)	resources
before transfers				234,505		234,505	(886,491)
Net (losses)/gains on investments			5	419,929		419,929	(65,454)
Net movement in funds				654,434		654,434	(951,945)
Funds at 1 April				1,781,765		1,781,765	2,733,710
Funds at 31 March			10	2,436,199		2,436,199	1,781,765

					2021	2020
				Notes	Unrestricted	Unrestricted
					2
Fixed assets
Tangible fixed assets				6	285	1,956
Investments	including	investment	cash	5	2,422,430	2,012,167
					2,422,715	2,014,123
Current assets
Stocks					9,245	17,194
Debtors					19,502	12,222
Cash at bank and in		hand			1,132,205	851,709
					1,160,952	881,125
Creditorsr	amounts	falling due	within one year		(147,468)	(113,483)
Net current	assets				1,013,484	767,642
Creditors:	amounts	falling due	after one year		1,000,000	1,000,000
Net assets					2,436,199	1,781,765
Funds
Unrestricted	funds:				2,436,199	1,781,765
Restricted funds:
Total funds				10	2,436,199	1,781,765

for	the veer	ended	ended		31 March 2021
						2021	2021	2021	2020
						Unmstricted	Resfricled	Total	Total
						8		2
2	Income and Endowments from
					Legacies	366,029		366,029	235,036
					Donations	33,816		33,816	59,003
					Membership Income	2,691		2,691	2,003
					Fundraising Activities	1,210		1,210	16,457
					Income from Shop	35,213		35,213	140,005
	Grants
		NHS		England (Coronavirus)		17,140		17,140
	Islington				Council (Coronavirus)	10,000		10,000
					JRSscheme	14,079		14,079
				Moorfields Eye Charity			100,000	100,000
					Investment income	35,063		35,063	43,072
					Other Income	10,994		10,994	78,137
	Total					526,235	100,000	626,235	573,713
3	Expenditure				on
	Charitable			activities
					Staff Costs	175,200	100,000	275,200	254,124
					Grants	32,890		32,890	15,231
					Project Oriel Grant	0			1,000,000
					Hospital Shop Stock	40,924	-	40,924	99,135
			Advertising and Promotion			157		157	12,940
					Other Costs	34,324		34,324	29,159
						283,495	100,000	383,495	1,410,589
	Raising		Funds
					Staff Costs	11,467		11,467	10,589
	Investment management fees					9,666		9,666	11,120
			Advertising and Promotion			1,643		1,643	7,231
				Legal and Consultancy		1,570		1,570	17,838
	Independent Examination Fee					2,425		2,425	2,425
					Other Costs	103		103	412
						26,874		26,874	49,615
	Expenditum				by Strategic
	Objectives
	To provide				an active and diverse
				volunteer programme.		153,972	100,000	253,972	728,889
	To ensure			Moorfields has access
	to staff		and		services not normally
					provided by NHS	117,019		117,019	553,956
		To ensure Friends remains
			sustainable and legitimate			36,953		36,953	174,933
					Governance costs	2,425		2,425	2,425
	Total					310,369	100,000	410,369	1,460,204

Grants awarded
During the year The Friends of Moortields	swarded	the following		new grants;
Gmn't		Pur ose	of	rant
Art Programme	21,020	Provision	of	Art and Music around	the	hospital
Other Commitmenls	231,870	Provision	of	Fish Tanks, Flowerheds,		Ivlagazines	and Play Therapists.
Total Grants Awarded	232,890

Movement in year				2021
				2
Market value of investments	excluding	investment	cash
At 1 April 2020				1,980,461	2,050,735
Sales proceeds				(138,093)	(588,727)
Purchases of investments				122,900	583,907
Unreal)sec gain/(loss)				399,476	(123,625)
Realised loss					58,171
Total investments				2,385,197	1,980,461
Cash				37,233	31,706
Market value of investments	including	investment	cash
At 31 March 2021

Fixed Assets
		2021	2020
		Computer	Computer
		equipraent	equipment
		E	E
Cauli
At 1 April 2020		5,007	5,007
At 31 March 2021		5,007	5,007
Depreciation:
At 1 Apnl 2D20		3,051	1,384
Charge for the year		1,671	1,667
At 31 March 2021		4,722	3,051
Net Book Value:
At 31 March 2021		285	1,956
At 31 March 2020		1,956	3,623
Debtors: amounts	falling due within ane year
		2021	2020
			E
VAT		13,322	8,116
Sundry debtors		6,180	4,106
		19,502	12,222

6	Creditors: amounts	falling due within one year
			2021	2020
			E	2
	Grants and commitments		28,403	28,404
	Accounts payable		111,533	62,73D
	Sundry creditors and	accruals	7,532	22,349
			147,468	113,483

Moveme	nt	s in f	unds
				Balance at			Investment	Balance at
Current year				1-04-20	Incoming	Outgcfrrg	gains	31.03-21
					2	6	2	2
Unrestncted		funds		1,761,765	544,874	(310,369)	419,929	2,436,199
Restricted	fund				I00,000	(100,000)
Total funds				1,781,765	644,874	(310,369)	419,929	2,436,199
Restricted	fund was		created as a result	of receiving a grani from Moorfretds		Eye Charity. The grant was fully		spent in the year.
				at			Investment	Balance at
Previous year				1-ef-19	incoming	Outgoing	genre	310320
				2	2	2	2	2
Unrestncted		funds		2,733,710	573,713	(1,460,204)	(65,454)	1,761,765
Total funds
Staff costs and			numbers
						2021	2020
						2	2
Satanas and		wages				249,978	228,072
Pension						24,978	6,155
Sooal security costs						22,494	14,665
						297,450	248,892
The average		number	of staft employed	during the penod was