| Page | |||
|---|---|---|---|
| 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 | e-~S |
| 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. | |||||
| 37Fleet Street | ||||||
| London | ||||||
| EC4P 2AP | ||||||
| Solicitors | Laytons Solicitors LLP | |||||
| 3rd Floor, Pinners | Hall | |||||
| 105-108 Old Broad | Street | |||||
| London | ||||||
| EC2N 1ER | ||||||
| Investment | advisors | Canaccord Genuity |
Wealth | Management | ||
| 41 Lothbury | ||||||
| London | ||||||
| EC2R 7AE |
| Unrestricted | Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | ||||||
| Note | 2022 | 2022 6 |
2021f | |||||
| Income from: | ||||||||
| Investments | 4 | 66,411 | 66,411 | 55,285 | ||||
| Total income | 66,411 | 66,411 | SS,286 | |||||
| Expenditure on: |
||||||||
| Raising funds | 36,860 | 36,860 | 42 140 | |||||
| Chantable activities: |
||||||||
| Grants | 180,700 | 180,700 | 168,500 | |||||
| Support costs | 49,753 | 49,753 | 52,300 | |||||
| Total expenditure | 267,313 | 267,313 | 262,940 | |||||
| Net expenditure | before net (losses)/gains | on | ||||||
| investments | (200,902) | (200,902) | (19S,554) | |||||
| Net (losses)/gains | on investments | (362,021) | (362,021) | 387,772 | ||||
| Net movement | in | funds | (562,923) | (562,923) | 191,118 | |||
| Reconciliation | of | funds: | ||||||
| Total funds brought | forward | 3,703,767 | 3,703,767 | 3,512,549 | ||||
| Net movement | in funds | (562,923) | (562,923) | 191,118 | ||||
| Total funds carried | forward | 3,140,844 | 3,140,844 | 3,703,767 |
| Note | 2022 | 2021f | ||||
|---|---|---|---|---|---|---|
| Fixed assets | ||||||
| Investments | 12 | 2,917,867 | 3,551,671 | |||
| Investment property |
11 | 403,000 | 265,500 | |||
| 3,320,867 | 3,637,371 | |||||
| Current assets | ||||||
| Debtors | 13 | 140 | 610 | |||
| Cash at bank and in hand | 53,722 | 56255 | ||||
| 53,862 | 5&,665 | |||||
| Creditonn amounts |
falling due within one | |||||
| year | 14 | (128,885) | (90,469) | |||
| Net current liabilities | (75,023) | (33,604) | ||||
| Total assets less current liabilities | 3,245,844 | 3,803,767 | ||||
| Creditors: amounts | falling due after more | |||||
| than one year | 15 | (105,000) | (100,000) | |||
| Total net assets | 3,140,844 | 3,703,767 | ||||
| Charity funds | ||||||
| Unrestncted funds |
3,140,844 | 3,703,767 | ||||
| Total funds | 3,140,844 | 3, 703,767 |
| Unrestricted | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022f | 2022 F |
|||
| Investment | income - focal investment | properties | 19,500 | 19,500 |
| Income from local listed investments | 46,726 | 46,726 | ||
| Investment | income - local cash | 185 | 185 | |
| 66,411 | 66,411 | |||
| Unrestricted | Total | |||
| funds | funds | |||
| 2021f | 2021f | |||
| Investment | income - local investment | properties | 19,500 | f9,500 |
| Income from local listed investments | 46,786 | 46,786 | ||
| 66,286 | 66,286 |
| Unrestricted | Total | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2022 | 2022 | ||||
| 6 | 6 | ||||
| Investment | management | fees | 36,860 | 36,860 | |
| Unmstricted | Total | ||||
| funds | funds | ||||
| 2021f | 2021f | ||||
| Investment | management | fees | 42 140 | 42,140 | |
| Analysis ofgrants | |||||
| Grants to | Total | ||||
| Institutions | funds | ||||
| 2022 | 2022 | ||||
| Grants, The advancement | of research | and education | 180,700 | 180,700 | |
| Grants to | Total | ||||
| Institutions | funds | ||||
| 2021 | 2021 | ||||
| 6 | 6 | ||||
| Grants, The advancement | of research | and education | 168,500 | 168,500 |
| 6. | Analysis ofgrant | s (conti | nue | d) | |||||
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||
| E | E | ||||||||
| Name of institution | |||||||||
| The Francis Crick Institute | 120,000 | ||||||||
| National History Museum |
50,000 | ||||||||
| UCL Hospitals Charitable |
Foundation | 150,000 | |||||||
| Rays of Sunshine | 5,000 | ||||||||
| Total grants F5,000 and | above | 170,0M | 155,000 | ||||||
| 7 grants ofless than E5,000 (2021 -4) | 10,7M | f3,500 | |||||||
| Grants awarded | 180,700 | f88,500 | |||||||
| 7. | Analysis ofexpenditure | on | charitable | activities | |||||
| Summary by fund type |
|||||||||
| Unrestricted | |||||||||
| funds | Total | ||||||||
| 2022 | 2022 | ||||||||
| The advancement | of research | and education | 230,453 | 230,453 | |||||
| Unrestricted | |||||||||
| funds | Total | ||||||||
| 2021f | 2021 E |
||||||||
| The advancement | of research | and education | 220,800 | 220,800 | |||||
| 8. | Analysis ofexpenditure |
by | activities | ||||||
| Grant | |||||||||
| funding | of | Support | Total | ||||||
| activities | costs | funds | |||||||
| 2022 | 2022 | 2022 | |||||||
| E | F | F | |||||||
| The advancement | of research | and education | 180,700 | 49,753 | 230,453 |
| Grant | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| funding ol | Support | Total | |||||||||
| activities | costs | funds | |||||||||
| 2021 6 |
2021f | 2021 L' |
|||||||||
| The advancement | of | research | and education | 168,500 | 52,300 | 220,600 | |||||
| Analysis of |
support | costs | |||||||||
| Total | Total | ||||||||||
| funds | funds | ||||||||||
| 2022 | 2021 | ||||||||||
| 6 | |||||||||||
| Accountancy | fees | 10,080 | 9,600 | ||||||||
| Legal and professional | fees | 39,280 | 41,867 | ||||||||
| Bank charges | 393 | 367 | |||||||||
| General expenses | 446 | ||||||||||
| 49,753 | 52,300 | ||||||||||
| 9. | Independent | examiner's | remuneration | ||||||||
| 2022 f |
2021 6 |
||||||||||
| Fees payable | to the Charity's | independent | examiner | for the independent | |||||||
| examination | ofthe | Charity's | annual accounts | 10,080 |
| Freehold | |
|---|---|
| investment | |
| property | |
| E | |
| Valuation | |
| At 1 January 2022 | 285,500 |
| Surplus on revaluation |
117,500 |
| At 31 December 2022 | 403,000 |
| Listed | |||
|---|---|---|---|
| investments | |||
| E | |||
| Cost or valuation | |||
| At 1 January | 2022 | 3,551,871 | |
| Additions | 1,155,767 | ||
| Disposals | (1,468,574) | ||
| Revaluations | (321,197) | ||
| At 31 December 2022 | 2,917,867 | ||
| Net book value | |||
| At 31 December 2022 | 2,917,867 | ||
| At 31December 2021 | 3,551,871 | ||
| Debtors | |||
| 2022 E |
2021 f |
||
| Due within | one year | ||
| Prepayments | and accrued income | 140 | 610 |
| 610 |
| 2022f | 2021 | |||||
|---|---|---|---|---|---|---|
| Accruals and deferred | income | 23,885 | 20,469 | |||
| Grants accrued - institutional | 105,000 | 70,000 | ||||
| 128,885 | 90,459 | |||||
| 15. | Creditors: Amounts | falling due after more than one year | ||||
| 2022f | 2021f | |||||
| Accrued grants payable to institutions | 105,000 | 100,000 | ||||
| 16. | Financial instruments |
|||||
| 2022 | 2021 | |||||
| f | ||||||
| Financial assets | ||||||
| Financial assets measured | at fair value through | income and expenditure | 2,917,867 | 3,551,871 |