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2023-03-31-accounts

Page
Reference and Administrative Details of the Charity, Its Trustees and Advisers
Trustees'
Report		 2-8
Independent
Auditors'		 Report on the Financial Statements 9- 12
Statement of Financial Activities 13
Balance Sheet 14
Statement ofCash Flows 15
Notes to the Financial Statements 16-26

Risk area Doser' tion ofRisk tion ofRisk tion ofRisk Mana
ement ofRisk
Chanmblc bcncfits arc not dchvcrcd Quadram Institute docs not dcln cr planned Over-archmg
govcrnancc
structure
agrccd to
public benetits from recearch and health ensure activities ofpartners
are coordmated.
Setixltlta; Agreement
by sll partners of comprehensive
bcncfits rcahsatton
plan;
Insutytctent
coordmation
facihties means benefits		 between
panacea
from co-locstmn		 and
are		 Multiple
work streams established
to develop
cross partner activities, such as science
not fully rcahscd strategy,
chmcal research,
mnovation
and
engagement
Problems with building facthttos Problems with building facditics prcvcnt A building
scrviccs user conuruttcc
has bccn
tenants from carrym out their operational created and processes are in place for reportmg
activities and resolvmg
issues with the building
facilitics.
A hfecycle maintenance
plan hm been
prepared;
Core building
managcmcnt
policics and
procedures
have been developed
to harmomse
services for ditTerent
users,
Fmancial sustamabllity Butldmg runmng costs are sigmficantly higher Tenants
are advised ofbudgeted
service
than would be expected; charges and the scheduled
tmung ofsen ice
Service charges are not received or paid on a charge invoices.
timely basis.
Costs are bemg actively momtored
and
reviewed
for potential
savings.
Damage to chantablc reputation Culture behaviour and activity ofbuilding Pcrformancc ol thc buildmg
facilitics scrvicc
service provlders or tenants bring the chanty provider
ls actively monitored
a part oftheir
mto disrepute. contractual
obligations;
Tenants
have their own
cmploymcnt
codes of
practice and disciplinary
procedures
in place;
Leases restnct lenants'
activities to relevant
chantablc
purposes.

Unrestricted Total Total
funds Restricted funds funds funds
2023 2023 2023 2022
Note FOOO 6000 6000 6000
Income from:
Chantable
acbwbes		 3,514 3,514 3,224
Investments 19 19
Total Income 3,533 3,533 3,224
Expenditure
on:
Chantable
actiwties		 3,514 604 4,118 3,956
Total expenditure 3,514 4,118 3,956
Net movement
in		 funds 19 (604) (585) (732)
Reconciliation offunds:
Total funds brought fonvard 23,125 23,125 23,857
Net movement
in funds		 19 (604) (585) (732)
Total funds canied forward 19 22,521 22,540 23,125

2023 2022
Note 6000 6000
Fixed assets
Tangible assets 22,638 23,305
Current assets
Debtors 10 293 1,058
Cash at bank and in hand 16 787 883
1,080 1,941
Creditors: amounts falling due within one year 11 (978) (1,771)
Net current assets 102 170
Total assets less current liabilities 22,740 23,475
Creditors: amounts falling due after more than one
year 12 (200) (350)
Total net assets 22,540 23,125
Charity funds
Restricted
funds		 13 22,521 23,125
Unrestncted
funds		 19
Total funds 22,540 23,125

STATEMENT OF CASH FLOWS STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2023
2023 2022
Note 6000 f000
Cash flows from operating activities
Net cash provided
by operaang
activities		 15 805 1,091
Cash flows from investing activities
Dividends,
interests
and rents from investments		 19
Net cash provided
by investing
activities		 19
Cash flows from financing activities
Cash outllows from loan repayments (900) (1,550)
Interest payable (20) (64)
Net cash used
in financing		 activities (920) (1,614)
Change
in cash and cash		 equivalents in the year (96) (523)
Cash and cash equivalents at the beginning ofths year 883 1,406
Cash and cash equivalents at the end of the year 16 787 883
The notes on pages 16to 26 form part ofthese financial statements

Unrestricted Total Total
funds funds funds
2023 2023 2022
6000 FOOO 600C
Advancement of educabon in food and health sciences and the
advancement of health 3,514 3,514 3,224
Total 2022 3,224 3,224
Investment income
Unrestricted Total Total
funds funds funds
2023 2023 2022
6000 FOOO 600C
Other interest receivable 19 19

Unrestricted Restricted
funds funds Total Tora
2023 2023 2023 2022
5000 f000 f000 600C
Advancement of education in food and health sciences
and the advancement of health 3,514 604 4,118 3,956
Total 2022 3,224 732 3,956

Analysis ofdirect costs
Total Total
funds funds
2023 ZOZZ
6000 EOOO
~epreaation 667 666
Audit and accountancy 28 27
Equipment 14
Loan interest 20 64
Catering subs 139 105
Telephone, fax & internet 21 21
Lit i 0 ties 955 807
Insurance 53
Rent and rates 100 100
Intelligent client 45 45
Facilities maintenance 1,779 1,720
Release of capital accrual (83)
Security 304
Estate service charge 24 26
Other
4,118 3,956

Fees payable to the Charity's auditor for the audit ofthe Chanty's annual accounts
Fees payable to the Charity's auditor in respect of:
All non-audit services not included
above

Freehold Plant and Fixtures and Soft
property machinery fittings furnishings Total
f000 f000 f000 f000 f000
Cost
At 1 Apnl 2022 23,180 16 1,421 690 25,307
At 31 March 2023 23,180 16 1,421 690 25,307
Depreciation
At 1 April 2022 1,158 426 414 2,002
Charge for the year 386 141 667
At 31 March 2023 567 552 2,669
Net book value
At 31 March 2023 21,636 10 138 22,638
At 31March 2022 22,022 12 995 276 23,305

2023 2022
FOOO f000
Due within one year
Amounts
due		 from related parties 953
Other debtors
Prepayments and accrued income 105
293 1,058
11. Creditors: Amounts falling due within one year
2023 2022
6000 8000
Amounts
owed to related		 parties 150 900
Trade creditors 369 287
Other taxation and social security 15
Accruals and deferred income 569
978 1,771
2023 2022
6000 8000
200 350

Balance at 1 Balance at 1 Balance at 31
April 2022 Income Expenditure March 2023
6000 6000 6000 6000
General funds 3,533 (3,514) 19
Restncted funds 23,125 (604) 22,521
April
23,125 3,533 (4,118) 22,540
Statement of funds - prior year
Balance at Balance at
1 202 Income Expenditure 31March 2022
5000 6000 6000 fOOO
Generalfunds 3,224 (3,224)
Restricted funds 23,857 (732) 23,125
23,857 3,224 (3,956) 23,125

Unrestricted Restricted Total
funds funds funds
2023 2023 2023
6000 6000 6000
Tangible fixed assets 22,638 22,638
Current assets 19 1,061 1,080
Creditors due within one year (976) (978)
Creditors due in more than one year (200) (200)
Total 19 22,521 22,540

Restricted Total
funds funds
2022 2022
f000 8005
Tangible fixed assets 23,305 23,305
Current assets 1,941 1,941
Creditors due within one year (1,771) (1,771)
Creditors due
in more than one year		 (350) (350)
Total 23,125 23,125
15. Reconciliation
of net movement		 In funds to net cash flow from operating activities
2023 2022
FOOO 8000
(585 (732
Net expenditure
for		 the year (as per Statement of Financial Activities) ) )
AdJustments
for:
Depreciation
charges		 667 668
Dividends, interests and rents from investments (10)
Release of capital accrual (83)
Decrease in debtors 764 1,018
Increase in creditors 40 73
Interest payable 20 64
Net cash provided by operating activities 804 1,091
16. Analysis ofcash and cash equivalents
2023 2022
FOOO 8000
Cash in hand 787 883
Total cash and cash equivalents 787 883

Other
non-cash At 31 March
At I April 2022 Cash flows changes 2023
6000 FOOO 6000
8000
Cash at bank and in hand 883 (96) 787
Debt due within
1 year		 (900) 900 (150) (150)
Debt due after I year (350) 150 (200)
(367) 804

2023 2022
FOOO f000
Not later than 1 year 100 100
Later than 1 year and not later than 5 years 399 399
Later than 5 years 1,515 1,615
2,014 2,114
The following lease payments have been recognised as an expense in the Statement of Financial Actiwties:
2023 2022
6000 6000
Oti le serentals 100 100