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|---|---|---|---|
|Report ofthe Trustees|1|to|17|
|Report ofthe independentAuditors|18|to|20|
|Statement of Financial Activities||21||
|Statement of Financial Position||22||
|Statement ofCash Flows||23||
|Notes to the Statement ofCash Flows||24||
|Notes to the Financial Statements|25|to|31|
|Detailed Statement of Financial Activities||32||
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||For|The Year|Ended 31 March|2022|||
|---|---|---|---|---|---|---|
||||||31.3.22|31.3.21|
||||Unrestricted|Restricted|Total|Total|
|||Notes|fundf|funds|funds
f|fundsf|
|INCOME AND ENDOWMENTS|FROM||||||
|Charitable
activities|||||||
|Centre ofExcellence||||587,635|587,635|653,548|
|Subscriptions|||235,933||235,933|245,796|
|Fellowship
programme||||10,968|10,968|7,871|
|Citizen Observation
ofLocal Litter in Coastal|||||||
|ECosysTems||||||73,625|
|Investment
income|||39||39|2,415|
|Total|||235,972|598,603|834,575|983,255|
|EXPENDITURE ON|||||||
|Charitable activities|||||||
|Centre ofExcellence||||369,884|369,884|511,312|
|NANO activities||||112,176|112,176|40,337|
|Shipboard
training||||31,157|31,157|12,573|
|Biological observations||||||13,786|
|POGO activities|||200,409|13,042|213,451|210,080|
|Fellowship
programme|||5,723|10,968|16,691|7,893|
|Citizen Observation
ofLocal Litter in Coastal|||||||
|ECosys Terna||||43,509|43,509|3,429|
|Return of residual
grants||||134,778|134,778||
|Total|||206,132|715,514|921,646|799,410|
|NET INCOME/(EXPENDITURE)|||29,840|(116,911)|(87,071)|183,845|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought
forward|||367,198|342,593|709,791|525,946|
|TOTAL FUNDS CARRIED FORWARD|||397,038|~225 682|622,720|709,791|
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|||||F|or The Year Ended|31 March 2022|31 March 2022||
|---|---|---|---|---|---|---|---|---|
|||||||31.3.22||31.3.21|
||||||Notes|Z|||
|Cash flows from|operating|activities|||||||
|Cash generated
from operations||||||17|456|216,523|
|Net cash provided|by operating||activities|||17|456|216,523|
|Cash flows from|investing|activities|||||||
|Interest received|||||||39|2,415|
|Net cash provided|by investing||activities||||39|2 415|
|Change
In cash|and cash|equivalents||in|||||
|the reporting
period||||||17,495||218,938|
|Cash and cash equivalents||at|the||||||
|beginning
ofthe|reporting|period||||1,451,237||1,232,299|
|Cash and cash equivalents||at|the end|of|||||
|the reporting
period||||||1 465 732||1,451,237|
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|ACllVITIES||||||
|---|---|---|---|---|---|
|||||31.3.22
f|31.3.21
f.|
|Net (expenditure)/income||for the reporting|period (as per the|||
|Statement of Financial||Activities)||(87,071)|183,845|
|Adjustments
for:||||||
|Interest received||||(39)|(2,415)|
|Decrease/(increase)|in debtors|||19,084|(6,598)|
|Increase
in creditors||||~85482|41 691|
|Net cash provided|by operations|||17,456|216,523|
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|At 1.4.21|Cash flow|At 31.3.22|
|---|---|---|
||f||
|1 451237|1748~|1,468,732|
|1 451237|17.495|1 468 732|
|1.451237|17495|1468.732|
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||||||||||31.3.22
f|31.3.21|
|---|---|---|---|---|---|---|---|---|---|---|
|Deposit account||interest|||||||39|2415|
|INCOME FROM||CHARITABLE|||ACTIVITIES||||||
||||||Activity||||31.3.22
f|31.3.21|
|Grants|||||Centre ofExcellence||||587,635|653,548|
|Subscriptions|||||Subscriptions||||235,933|245,796|
|SCOR|income||||Fellowship
programme||||10,968|7,871|
||||||Citizen Observation|ofLocal Litter in Coastal|||||
|Grants|||||ECosysTems|||||73,625|
||||||||||~834 536|980840|
|Grants|received,|included||in the|above, are as follows:||||||
||||||||||31.3.22
f|31.3.21
f|
|Nippon|Foundation||||||||587,635|653,548|
|Richard|Lounsbery||Foundation|||||||73625|
||||||||||587,635|727,173|
|CHARITABLE ACTIVITIES COSTS|||||||||||
||||||||Grant||||
||||||||funding|of|||
||||||||activities||Support||
|||||||Direct|(see note||costs (see||
|||||||Costs
f|5)f||note 6)
f|Totals
f|
|Centre|ofExcellence|||||58,383|311,501|||369,884|
|NANO activities||||||5,492|106,684|||112,176|
|Shipboard
training||||||3,745|27,412|||31,157|
|Citizen|Observation||ofLocal Litter in Coastal||||||||
|ECosysTems|||||||43,509|||43,509|
|POGO|activities|||||54,215|17,531||141,705|213,451|
|Fellowship
programme|||||||16,691|||16,691|
|Return|of residual||grants|||~134778||||134,778|
|||||||256,613|523,328||~141 705|~921 646|
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|DEBTORS:ANIOUNTS|DEBTORS:ANIOUNTS|DEBTORS:ANIOUNTS|FALLING DUE WITHIN ONE YEAR|FALLING DUE WITHIN ONE YEAR||||
|---|---|---|---|---|---|---|---|
|||||||31.3.22|31.3.21
f|
|Trade debtors||||||10,193|30,340|
|Prepayments||||||1,063||
|||||||~tt 256|30,340|
|CREDITORS: AMOUNTS||||FALLING DUE WITHIN ONE YEAR||||
|||||||31.3.22|31.3.21|
||||||||f|
|Trade creditors||||||20,281|52,873|
|Other creditors||||||1,805||
|Accruals and deferred||income||||591,465|610,055|
|Accrued expenses||||||~243 717|108,858|
|||||||~857 268|771 786|
|MOVEMENT
IN FUNDS||||||||
|||||||Net||
|||||||movement|At|
||||||At 1.421
f|in funds
5|31.3.22
E|
|Unrestricted
funds||||||||
|General fund|||||367,198|29,840|397,038|
|Restricted funds||||||||
|Nippon
Foundation|Grant||||273,242|(73,402)|199,840|
|Richard Lounsbery|Foundation||||69,351|~43509)|~25 842|
||||||~342 593|~116,91t|225,682|
|TOTAL FUNDS|||||~709 791|~87,071)|622,720|
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|Net movement
in fu|nds, included
in the above ar|e as follows:|||
|---|---|---|---|---|
|||Incoming|Resources|Movement|
|||resources
f|expended
6|in funds
f|
|Unrestricted
funds|||||
|General fund||235,972|(206,132)|29,840|
|Restricted funds|||||
|Nippon
Foundation
Richard Lounsbery|Grant
Foundation|587,635|(661,037)
(43,509)|(73,402)
(43,509)|
|SCOR fellowship|||||
|||~10968|~10968)||
|||~598603|~715514)|(116,9tt)|
|TOTAL FUNDS||~834575|(921,646)|~87 071)|
##
|Compar|atives
for|movement
in funds||||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||AI 1.4.20|in funds|31.3.21|
||||6|F||
|Unrestricted
funds||||||
|General|fund||325,153|42,045|367,198|
|Restricted funds||||||
|Nippon
Richard|Foundation
Lounsbery|Grant
Foundation|187,852
~12941|85,390
~56 410|273,242
69,351|
||||200,793|141,800|342,593|
|TOTAL|FUNDS||525,946|183,845|709,791|
|Compar|ative
net m|ovement
in funds,
induded
in|the above are as follows:|||
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resources|expended
f|in funds
F|
|Unrestricted
funds||||||
|General|fund||248,211|(206,166)|42,045|
|Restricted funds||||||
|Nippon
Richard|Foundation
Lounsbery|Grant
Foundation|653,548
73,625|(568,158)
(17,215)|85,390
56,410|
|SCOR|fellowship|||||
||||7,871|7871||
||||735,044|~593,244|141,800|
|TOTAL|FUNDS||983,255|~799,410)|183,845|
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|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||At 1.4.20
f|in funds
6|31.3.22
6|
|Unrestricted
funds||||||
|General|fund||325,153|71,885|397,038|
|Restricted funds||||||
|Nippon
Richard|Foundation
Lounsbery|Grant
Foundation|187,852
12941|11,988
12,901|199,840
~25842|
||||200,793|~24 889|225,682|
|TOTAL|FUNDS||~525 946|96,774|~622 720|
##
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources
f|expended
f|in funds
6|
|Unrestricted
funds|||||
|General
fund||484,183|(412,298)|71,885|
|Restricted funds|||||
|Nippon
Foundation
Richard Lounsbery
SCOR fellowship|Grant
Foundation|1,241,183
73,625
18,839|(1,229,195)
(60,724)
(18,839)|11,988
12,901|
|||1,333,647|(1~308,758|24,889|
|TOTAL FUNDS||1~817,830|(1,721 056)|96,774|
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||||31.3.22
f.|31.3.21
f|
|---|---|---|---|---|
|INCOME AND ENDOWMENTS|||||
|Investment
Income|||||
|Deposit account interest|||39|2,415|
|Charitable
activities|||||
|Subscriptions|||235,933|245,796|
|SCOR income|||10,968|7,871|
|Grants|||~587 635|727,173|
||||~834 536|980840|
|Total incoming
resources|||834,575|983,255|
|EXPENDITURE|||||
|Charitable
activities|||||
|Insurance|||934|934|
|Events and associated|travel||45,348|17,642|
|Outreach
materials|||13,185|5,478|
|Website development|||2,421|10,036|
|Project administration|||50,754|29,740|
|Foreign exchange
(gain)/loss|||9,193|73,221|
|Residual grant returns|||134,778||
|Grants to institutions|||329,032|473,356|
|Grants to individuals|||~194296|46,393|
||||779,941|656,800|
|Supportcosts|||||
|Management|||||
|Office rent|||3,918|4,126|
|Annual
Meetings|||588|3,634|
|Postage and stationery|||127|3,929|
|Advertising|||42||
|Travel|||454|(857)|
|Staff training|||202|89|
|Subscriptions|||2,454|1,900|
|Contribution
to key management||personnel|124,991|121333|
||||132,776|134,154|
|Finance|||||
|Bank charges|||760||
|Governance
costs|||||
|Auditors'
remuneration
Auditors'
remuneration|for non|audit work|5,091
~3078|4,847
2,964|
||||8,169|7,811|
|Total resources expended|||921 646|799,410|
|Net (expenditure)/income|||(87,071)|183,845|