2021-12-31-accounts

					Page
Annual Report ofthe Trustees					1-6
Auditor's Report					7-9
Statement of Financial	Activities	(including	Income and Expenditure	Account)	10
Balance Sheet
Statement ofCash Flows					12
Notes to the Financial	Statements				13-20

			Page	Unrestricted	Restricted	Total	Total
				Funds	Funds	2021	2020
						K	f
Income from:
Donations and legacies (note 2)			15	1,071,952	925,143	1,997,095	787,462
Investments (note 3)			15	65		65
Total income				1,072,017	925,143	1,997,160	787,462
Expenditure on:
Charitable activities	(note 4)		16	1,847,261	368,248	2,215,509	316,412
Raising funds (note	6)		17	26,973		26,973	66,811
Total expenditure				1,874,234	368,248	2,242,482	383,223
Net income				(802,217)	556,895	(245,322)	404,239
Other gains/(losses)
Realised (loss)/gain	on foreign
currency				(15,830)		(15,830)	25,784
Net gains				(15,830)		(15,830)	25,784
Net movement in funds				(818,047)	556,895	(261,152)	430,023
Reconciliation offunds:
Total funds brought	forward	at 1
January 2021				1,857,905	560,000	2,417,905	1,987,882
Total funds carried	forward	at
31 December 2021			11	E 1,039,858	F 1,116,895	f 2,156,753	6 2,417,905

				Page	Unrestricted	Restricted	Total	Total
					Funds f	Funds f	2021 f	2020 f.
Current assets
Debtors (note	8)			18	15,222		15,222	7,896
Cash at bank	(note 7)			17	1,040,735	1,116,895	2,157,630	2,427,442
Total current	assets				1,055,957	1,116,895	2,172,852	2,435,338
Creditors —amount		falling	due
in one year (note 9)				18	16,099		16,099	17,433
Net assets					1,039,858	1,116,895	2,156,753	2,417,905
Represented	by:
Unrestricted Funds —Capital Restricted Funds —Capital					1 039858	1,116,895	1,039,858 1,116,895	1,857,905 560,000
					F 1,039,858	f 1,116,895	f2,156,753	f 2,417,905

	Page	2021 6	2020
Cash flows from operating activities:	12	(254,047)	396,557
Cash flows from investing activities:
Investment income
Net cash provided by investing activities
Change in cash and cash equivalents in the year		(253,982)	396,557
Net cash and cash equivalents at 1 January 2021 Change in cash and cash equivalents due to exchange rates	12	2,427,442 (15,830)	2,005,101 25,784
Cash and cash equivalents at 31 December 2021		L' 2,157,630	2,427,442
Reconciliation of net income to net cash flow from operating	activities
Net income for the reporting period	10	(261,152)	430,023
Adjustments for:
(Increase) in debtors and prepayments (Decrease) / increase in creditors (Gain) / loss on revaluation of investment cash Less investment income and deposit interest		(7,326) (1,334) 15,830 (65)	(2,541) 13,994 (25,784) (2,713)
Net cash provided by operating activities		(254,047)	396,557
Analysis ofcash and cash equivalents
Cash held with Adam &Co Cash held with HSBC		960,420 1,197,210	1,348,667 1,078,775
Total cash and cash equivalents	17	F 2,157,630	E2,427,442

			Page	Unrestricted	Unrestricted	Restricted	Restricted	Total
					2021		2021	2021
	INCOME	FROM DONTATIONS	AND LEGACIES		E			F.
	Voluntary	donations			922,163		925,143	1,847,306
	Legacies	received			5,819			5,819
	Just Giving donations				93,190			93,190
	Blackbaud	services			35,378			35,378
	Virgin Money donations				1,761			1,761
	Gift Aid tax relief				13,641			13,641
			10	5	1,071,952	F	925,143	F 1,997,095
				Unrestricted		Restricted		Total
					2020		2020	2020
	Voluntary	donations			520,520		110,000	630,520
	Legacies	received			77,000			77,000
	Just Giving donations				60,890			60,890
	Blackbaud	services			14,950			14,950
	Virgin Money donations				2,374			2,374
	Gift Aid tax relief				1,728			1,728
			10	F	677,462	E	110,000	F 787,462
						Unrestricted		Unrestricted
							Total	Total
							2021	2020
3.	INVESTMENT INCOME
	Money market interest		10				65

							Unrestricted
			Page	Unrestricted	Restricted	Total	Total
				2021	2021	2021	2020
4.	CHARITABLE ACTIVITIES			E	6	6	6
	Grants awarded
	Mayo Clinic (US$150,000)			108,381		108,381	116,840
	Alzheimers Research	UK		1,500,000		1,500,000
	Dementia Australia
	(AUD$405,000)				224,912	224,912
	Hug Private Foundation
	(CHF 174,528)				143,336	143,336
	RAD Fellow expenses			8,188		8,188	285
	Total grants payable			1,616,569	368,248	1,984,818	117,125
	Support costs
	Staff costs (note 5)			162,196		162,196	92,016
	Scientific Advisors			27,075		27,075	13,235
	Executive Advisor fees			8,505		8,505	29,698
	Charity Consultant			3,000		3,000	9,260
	Administrator fee						11,313
	Total support costs			200,776		200,776	155,522
	Governance costs
	Accountancy fees			11,790		11,790	9,642
	Audit fees			9,000		9,000	4,200
	Sundry expenses			4,398		4,398	3,210
	Trustees insurance			4,327		4,327	2,607
	Legal fees			400		400	24,106
	Total governance costs			29,915		29,915	43,765
	Total Charitable Activities		10	f 1,847,261	E 368,248	6 2,215,509	6 316,412

			Total	Total
STAFF COSTS			2021f	2020f
Gross salaries			143,019	83,540
Social security costs			12,917	5,902
Pension contributions			1,810	1,208
Expenses			4,450	766
Payroll provider				600
	16		f 162,196	f 92,016
The average number	of employees	during the period was 2 (2020:2).

The total amount of benefit	received	by	key management	personal was	f63,040(2020:F68	f63,040(2020:F68	f63,040(2020:F68	347).
Key management personnel	represent		the Trustees and	CEO. No employees		earned	more	than
f60,000 during the year (2020:1)
	Page				Unrestricted		Unrestricted
						Total		Total
EXPENDITURE ON RAISING FUNDS						2021f		2020f
Website and marketing expenses						17,519		36,941
Fundraising event						5,372		26,369
Online fundraising fees						3,812		3,284
Bank charges						270		217
	10				f	26 793	f	66 811
				Unrestricted	Restricted			Total
CASH AT BANK				2021f	2021f			2021f
HSBC Bank Account - GBP	account			587,210		610,000		1,197,210
Adam 8 Co - GBPaccount				(92,078)		656,665		564,587
Adam &Co - USD account				141,324		75,143		216,467
Adam 8 Co - EUR account				176,891				176,891
Adam &Co - AUD account				227,388		(224,913)		2,475
				f1,040,735	f1,116,895		f2,157,630
				2020	2020f			2020f
HSBC Bank Account - GBP	account			452,430		350,000		802,430
Adam &Co - GBP account				307,025		100,000		407,025
Adam &Co - USD account				376,950				376,950
Adam &Co - EUR account				201,073				201,073
Adam &Co - AUD account				217,623				217,623
				f1,555,101	f	450,000	f2,005,101

		Page	Unrestricted	Unrestricted	Unrestricted
			Total		Total
			2021		2020
8.	DEBTOR		E		E
	Gift Aid tax relief		14,069		7,027
	Prepayrnents		1,153		869
			15,222	F	7,896
9.	CREDITORS - amounts	falling due within one year
	Accountancy fees		5,118		6,120
	Audit fees		6,600		5,400
	Staff costs		4,381		4,663
	Charity advisor fee				1,250
			6 16,099	6	17,433

2021 (202	0	: none).
			Balance	Income	Expenditure	Balance
			brought	and	and	carried
			forward	Gains	Losses	forward
FUNDS				E	F.
For the year		ended 31 December 2021:
Unrestricted		funds	1,857,905	1,056,187	(1,874,234)	1,039,858
Restricted	funds		560,000	925,143	(368,248)	1,116,895
			F2,417,905	L 1,981,330	f(2,242,482)	62,156,753
For the year		ended 31 December 2020:
Unrestricted		funds	1,537,882	703,246	(383,223)	1,857,905
Restricted	funds		450,000	110,000		560,000
			F 1,987,882	F 813,246	F (383,223)	6 2,417,905

Analysis	of	net assets between	funds			Total
				Unrestricted K	Restricted E	2021f
Debtors				15,222		15,222
Cash at	Bank			1,040,735	1,116,895	2,157,630
Creditors				(16,099)		(16,099)
Total Funds				61,039,858	f1,116,895	82,156,753
Analysis	of	net assets between	funds			Total
				Unrestricted	Restricted	2020
Debtors				7,896		7,896
Cash at	Bank			1,867,442	560,000	2,427,442
Creditors				(17,433)	-	(17,433)
Total Funds				61,857,905	6 560,000	62,417,905
					2021	2020
FINANCIAL		INSTRUMENTS			K	F

			2021	2020
FINANCIAL	INSTRUMENTS		K	F
Financial assets measured		at fair value (a)	2,172,852	2,435,338

13. COMPARATIVE	13. COMPARATIVE	STATEMENT OF FINANICAL ACTIVITIES	STATEMENT OF FINANICAL ACTIVITIES	STATEMENT OF FINANICAL ACTIVITIES	STATEMENT OF FINANICAL ACTIVITIES
				Page	Unrestricted	Restricted		Total
					Funds	Funds		2020
Income from:
Donations and legacies (note 2)				15	677,462		110,000	787,462
Investments (note 3)				15
Total income					677,462		110,000	787,462
Expenditure on:
Charitable activities	(note 4)			16	316,412			316,412
Raising funds (note	6)			17	66,811			66,811
Total expenditure					383,223			383,223
Net income					294,239		110,000	404,239
Other gains/(losses)
Realised gain/(loss)	on foreign
currency					25,784			25,784
Net gains					25,784			25,784
Net movement in funds					320,023		110,000	430,023
Reconciliation offunds:
Total funds brought	forward		at 1
January 2020					1,537,882		450,000	1,987,882
Total funds carried	forward		at
31 December 2020					F 1,857,905	f	560,000	E 2,417,905