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|---|---|---|---|
|Reference and Administrative
Details ofthe Charity,||its Trustees and Advisers||
|Trustees'
Report|||2-4|
|Independent
Examiner's|Report|||
|Statement of Financial|Activities|||
|Balance Sheet||||
|Notes to the Financial Statements|||8-17|
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|Trustees||M S.Feldman,|Trustee|Trustee||
|---|---|---|---|---|---|
|||I Burman,
Trustee||||
|Charity registered||||||
|number||1171136||||
|Accountants||RPG Crouch Chapman|||LLP|
|||Chartered
Accountants||||
|||5th Floor||||
|||14-16Dowgate|Hill|||
|||London||||
|||EC4R 2SU||||
|Bankers||C. Hoare &Co.||||
|||37 Fleet Street||||
|||London||||
|||EC4P 2AP||||
|Solicitors||Laytons Sohcitors LLP||||
|||3rd Floor, Pinners||Hall||
|||105-108Old Broad||Street||
|||London||||
|||EC2N 1ER||||
|Investment|advisors|Canaccord
Genuity||Wealth Management||
|||41 Lothbury||||
|||London||||
|||EC2R 7AE||||
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|||||Unrestricted|Total|Tolal|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
||||Note|2021|2021
f|2020
f|
|Income from:|||||||
|Investments|||4|66,286|66,286|77,234|
|Total income||||66,286|66,286|77,234|
|Expenditure
on:|||||||
|Raising funds||||42,140|42,140|37,496|
|Charitable
activities:|||||||
|Grants||||168,500|168,500|80,000|
|Support costs||||52,300|52,300|51,041|
|Total expenditure||||262,940|262,940|168,537|
|Net expenditure|before net gains on investments|||(196,654)|(196,654)|(91,303)|
|Net gains on investments||||387,772|387,772|94,580|
|Net movement|in funds|||191,118|191,118|3,277|
|Reconciliation|offunds:||||||
|Total funds brought||forward||3,512,649|3,512,649|3,509,372|
|Net movement|in funds|||191,118|191,118|3,277|
|Total funds carried||forward||3,703,767|3,703,767|3,512,549|
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|||||2021||2020|
|---|---|---|---|---|---|---|
|||Note||6||5|
|Fixed assets|||||||
|Investments||12||3,551,671||3,293,848|
|Investment
property||11||285,500||285,500|
|||||3,837,371||3,579,348|
|Current assets|||||||
|Debtors||13|610||4,000||
|Cash at bank and in hand|||56,255||73,889||
||||56,865||77,889||
|Creditors
amounts|falfing due vnthin one||||||
|year||14|(90,469)||(124,588)||
|Net current liabilities||||(33,604)||(46,699)|
|Total assets less current liabilities||||3,603,767||3,532,649|
|Creditors: amounts|falling due after more||||||
|than one year||15||(100,000)||(20,000)|
|Total net assets||||3,703,767||3,512,649|
|Charity funds|||||||
|Unrestricted
funds||||3,703,767||3,512,649|
|Totalfunds||||3,703,767||3,512,649|
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|Critical acc|ounting
estimates
and assumptions:|ounting
estimates
and assumptions:|ounting
estimates
and assumptions:|ounting
estimates
and assumptions:|ounting
estimates
and assumptions:|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|The Charity|makes estimates
and assumptions|||||concerning||the future. The|resulting
accounting||estimates|
|and assumptions
will, by||definition,|seldom||equal the related|||actual results.|However,
the Trustees are of|||
|the opinion|that there are|no estimates||and|assumptions||that have a significant|||risk of causing|a material|
|adjustment|to the carrying|amounts|of|assets and liabilities|||within the next financial year.|||||
|Investment|income|||||||||||
||||||||||Unrestncted||Total|
|||||||||||funds|funds|
|||||||||||2021f|2021f|
|Investment|income - local|investment|properties|||||||19,500|19,500|
|Income from local listed investments||||||||||46,786|46,786|
|||||||||||66,286|66,286|
||||||||||Unrestricted||Total|
|||||||||||funds|funds|
|||||||||||2020f|2020f|
|Investment|income - local|investment|properties|||||||19,500|19,500|
|Income from local listed investments||||||||||57,722|57,722|
|Investment|income - local|cash||||||||12|12|
|||||||||||77,234|77,234|
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|||||||Unrestricted|Tota I|
|---|---|---|---|---|---|---|---|
|||||||funds|funds|
|||||||2021|2021|
|||||||6||
|Investment|||management|fees||42,140|42,140|
|||||||Unrestricted|Total|
|||||||funds|funds|
|||||||2020|2020|
|||||||8|8|
|Investment|||management|fees||37,498|37,496|
|Analysis||of|grants|||||
|||||||Grants to|Total|
|||||||Institutions|funds|
|||||||2021|2021|
|||||||6|6|
|Grants,|The||advancement|of research|and education|168,500|168,500|
|||||||Grants to|Total|
|||||||lnslilutions|funds|
|||||||2020|2020|
||||||||8|
|Grants,|The||advancement|of research|and education|80,000|80,000|
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|||2021f|2020f|
|---|---|---|---|
|Name of institution||||
|Macmillan
Cancer Care|||60,000|
|Rays of Sunshine||5,000|20,000|
|UCL Hospitals
Charitable|Foundation|150,000||
|Total grants f5,000 and|above|155,000|80,000|
|4 grants ofless than f5,000||13,500||
|Grants awarded||168,500|80,000|
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||||||Unrestricted|Total|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2021f|2021
f.|
||The advancement|of research||and education|220,800|220,800|
||||||Unrestricted|Total|
||||||funds|funds|
||||||2020
E|2020f|
||The advancement|of research||and education|131,041|131,041|
|8.|Analysis of expenditure||by|activities|||
|||||||Grant|||
|---|---|---|---|---|---|---|---|---|
|||||||funding
of|Support|Total|
|||||||activities|costs|funds|
|||||||2021f|2021|2021f|
|The|advancement|of|research|and|education|168,500|52,300|220,800|
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|Ana|lysis
of expe|ndit|ure
by|activi|ties (continued)||||
|---|---|---|---|---|---|---|---|---|
|||||||Grant|||
|||||||funding
of|Support|Toral|
|||||||activllies|costs|funds|
|||||||2020f|2020
f'|2020f|
|The|advancement|of|research|and|education|80,000|51,041|131,041|
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||||||||||The||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||advancement|Total|
||||||||||ofresearch|funds|
||||||||||2021|2021|
||Accountancy|fees|||||||9,600|9,600|
||Legal and professional||fees||||||41,887|41,887|
||Bank charges||||||||367|367|
||General expenses||||||||446|446|
||||||||||52,300|52,300|
||||||||||The||
||||||||||advancement|Total|
||||||||||ofresearch|funds|
||||||||||2020f|2020f|
||Accountancy|fees|||||||9,600|9,600|
||Legal and professional||fees||||||41,256|41,256|
||Bank charges||||||||185|185|
||||||||||51,041|51,041|
|9.|Independent|examiner's||remuneration|||||||
||||||||||2021f|2020f|
||Fees payable|to the Charity's|||independent||examiner|for the independent|||
||examination|of the Charity's|||annual|accounts|||9,600|9,600|
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||Freehold|
|---|---|
||investment|
||property|
||6|
|Valuation||
|At 1 January 2021|285,500|
|At 31 December 2021|285,500|
||Listed|
|---|---|
||investments|
|Cost or valuation||
|At 1 January 2021|3,293,848|
|Additions|605,527|
|Disposals|(721,396)|
|Revaluations|373,892|
|At 31 December 2021|3,551,871|
|Net book value||
|At 31 December 2021|3,551,871|
|At 31December 2020|3,293,848|
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||||||2021f|2020f|
|---|---|---|---|---|---|---|
||Due within one year||||||
||Prepaymenls
and accrued||income||610|4,000|
||||||610|4,000|
|14.|Creditors: Amounts|falling due within one year|||||
||||||2021|2020|
||||||E||
||Accruals and deferred|income|||20,469|24,588|
||Grants accrued - institutional||||70,000|100,000|
||||||90,469|124,588|
|15.|Creditors: Amounts|falling due after more than one year|||||
||||||2021|2020f|
||Accrued grants
payable to institutions||||100,000|20,000|
|16.|Financial
instruments||||||
||||||2021|2020|
||||||F|8|
||Financial assets||||||
||Financial assets measured||at fair value through|income and expenditure|3,551,671|3,293,848|
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|Summary|offunds|~current ye|ar||||||
|---|---|---|---|---|---|---|---|---|
|||||||||Balance at|
||||Balance at 1|||||31|
||||January||||Gains/|December|
||||2021|Income|Expendituref||(Losses)f|2021|
|General funds|||3,512,649|66,286|(262,940)||387,772|3,703,767|
|Summary|offunds|-prior year|||||||
|||||||||Balance at|
||||Balance at|||||31|
||||1January||||Gainer|December|
||||2020f|income
f|Expenditure|f|(Losses)|2020f|
|General funds|||3,509,372|77,234|(168.537)||94,580|3,512,649|
|Analysis
Analysis|of net assets between
funds
of net assets between
funds - current year|||
|---|---|---|---|
|||Unrestricted|Total|
|||funds|funds|
|||2021|2021f|
|Fixed asset investments||3,551,871|3,551,871|
|Investment|property|285,500|285,500|
|Current assets||56,865|56,865|
|Creditors|due within one year|(90,469)|(90,469)|
|Creditors|due in more than one year|(100,000)|(100,000)|
|Total||3,703,767|3,703,767|
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|Analysis|of net assets between funds - prior year|||
|---|---|---|---|
|||Unrestricted|Total|
|||funds|funds|
|||2020f|2020f|
|Fixed asset investments||3,293,848|3,293.848|
|Investment|property|285,500|285,500|
|Current assets||77,889|77,889|
|Creditors|due within one year|(124, 588)|(124,588)|
|Creditors|due in more than one year|(20,000)|(20,000)|
|Tt(||3,512,649|3,512,649|
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