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|||||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|
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|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.|
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|||||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|
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|||||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|
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||||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||||
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||||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||
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|||||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||
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|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|
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|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|||||
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||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|
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||||||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|
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|||||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|
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||||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|
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|||||||||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|
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|||||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|||
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|||||||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|
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