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|Registered CharityNumber:|1172522|
|---|---|
|Chair:|GraemeAllinson|
|Treasurer:|AndyHodgeFCA CTA|
|Trustees:|GraemeAllinson(Chair)|
||TinaCrombie|
||Dr.JamesFlanagan|
||AndyHodge|
||Dr.Gemma Partridge|
|Registered Office:|Rothamstedlnstitute|
||Harpenden|
||Hertfordshire|
||AL52JQ|
|lndependentExaminer:|DuncanBrownFCA|
|Bankers:|NatWestBank|
||22,GeorgeStreet|
||Richmond|
||Surrey|
||TWg1JW|
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||Page|
|---|---|
|lndependentExaminer'sreport|L|
|Trustees'report|2|
|Balancesheet|8|
|Statement of financial activities|9|
|NotestotheFinancialStatements|10|
|SupplementalFinanciallnformation|74|
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|Note||2022202r|
|---|---|---|
||Total
Total||
|||ff|
|Fixed Assets||72,73742,346|
|Currentassets|||
|Debtors|3|32,92524,835|
|Accrued income|4|6,149
0|
|BankAccounts||723,468L15,2r8|
|VATrecoverable||8,2LO9,950|
|Prepaidrent||0
30,050|
|Totalcurrentassets||170,750180,053|
|Currentliabilities|||
|Accounts payable||(10,124)(5,407)|
|ChairofTrustees'Loan|5|(4,t26)(8,926)|
|Totalcurrentliabilities|@||
|Currentassets lesscurrentliabilities||156,501165,72L|
|Netassets||229,232208,067|
|Equity|||
|Unrestricted funds||160,87069,032|
|Restrictedfunds||59,127127,035|
|Designatedfunds||9,23512,OOO|
|Totalfunds||229,232209,067|
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||Note|||2022|||202L|
|---|---|---|---|---|---|---|---|
||||Unrestricted|RestrictedTotal||Total||
||||ft||t€|||
|||||(Note8)||||
|lncomingresources||||||||
|Voluntaryincome||6|!11,940|0|111.,940||119,064|
|lncomefromDonor HumanMilk||7|L77,175|0|177,L75||712,tt}|
|Grants&otherincome||8|180,190|0|180,190||779,716|
|Totalincomingresources|||469,305|0|469,305||41o,290|
|Resourcesexpended||||||||
|DirectExpenses||9|75,076|0|75,076||58,873|
|Total EmploymentCosts||10|204,470|27,145|237,615||753,239|
|Otheradministrativeexpenses||77|705,741,|35,708|747,M9||73,7L0|
|Totalresourcesexpended|||385,287|62,853|448,740||285,821,|
|Transfersbetweenfunds|||5,055(5,055)|||||
|Net movementinfunds|||89,073(67,908)||27,165||724,469|
|Totalfunds broughtforward|||87,032127,035||208,067||83,598|
|Totalfundscarriedforward|||170,705 59,L27||229,232||208,067|
||Unrestricted RestrictedTotal|Total||
|---|---|---|---|
||ff||€|
|TotalFunds||||
|Balancebrought forward
Surplus/(Deficit) for the year|81,032727,035209,067
89,073(57,908)21.,L65||83,598
124,469|
||L70,105 59,!27 229,232||209,067|
|Totalfundsat3lMarch|f170,105 f59,127f229,232||f209,067|
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||Comouter||Leasehold||Plant&||||
|---|---|---|---|---|---|---|---|---|
||Equipment||lmprovements|MotorVehicles|Machinery||Total||
|Cost|t||||€||||
|AtlApril2021||3588|4865|2700||37002||48,1.55|
|Additions||238|3469|0||46020||49,727|
|Disposals||-279|-4Us|0||-2506||(7,57O)|
|At3lMarch2022||3607|3489|2700||80516||90,3L2|
|Depreciation|||||||||
|AtlApril2021||943|20|490||43s6||5,809|
|Chargefortheyear||71.43|1007|675||8947||1,1,,772|
|Adjustmenton disposals||0|0|0||0||0|
|At31March2022||2086|1027|1165||13303||!7,58L|
|NetBookValueat31-March2022||1521|2462|1535||67213||72t7?L|
|NetBookValue at31March2021||26/.5|4845|2210||32646||42,346|
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|Amounts fallingduewithinone year:|2022||202L|
|---|---|---|---|
|AccountsreceivablefromNHSHospitals|32,925||24,835|
|Accrued Income||||
||2022||202t|
|LocalCouncil GrantreceivedinApril2022|4,!74||0|
|AccruedGiftAid|1,974||0|
|||,,0||
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|Voluntary lncome|||
|---|---|---|
||2022|202t|
||f||
|Donations|707,3L5|108,218|
|GiftAid|4,625|10,846|
||r - .!11:940.-|!19,0u|
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|Balanceat1April2021||12'1,O35|
|---|---|---|
|Grants&Otherlncome||0|
|Total RestrictedFunds Received||127,035|
|Operatingexpenditure out of restricted funds:-|||
|DirectExpenses|0||
|Rent|30,050||
|EmploymentCosts|27,L45||
|Otheradministrativeexpenses|5,659||
|Transfer of fundsfrom restricted to unrestricted|5,055||
|||(57,908)|
|Balance at3lMarch2022||ssl27|
|9|DirectExpenses|RestrictedUnrestricted
Funds
Funds
Total|RestrictedUnrestricted
Funds
Funds
Total|RestrictedUnrestricted
Funds
Funds
Total|Total||
|---|---|---|---|---|---|---|
||||2022|2022|2022|202L|
||PathologyCosts||o|37225|37,225|36,875|
||Other DirectExpenses||0|35087|35,087|21,998|
||Research& Development||o
o|2764
75076|2,764
7sO76|0
58,873|
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|Totalemploymentcosts||||||||
|---|---|---|---|---|---|---|---|
||Restricted||Unrestricted|||||
||Funds||Funds||Total||Total|
|||2022||2022||2022|202L|
||€|||||||
|Grosssalaries||27145|185153|||212,298|140,587|
|Employernationalinsurance||0|13312|||L3,3L2|7,931,|
|Employer pensioncontributions||0||600s||005|72L|
|Otheradministrativeexpenses||||||||
|Restricted|Unrestricted|||||||
|Funds|Funds||Total||Total|||
||2022|2022||2022||202t||
||E||E||f|||
|Advertisingand Marketing||707||707||7,!04||
|Bankfees||35||36||0||
|Cleaning||2858||2,959||1,912||
|ConsultingFees||35070|35,070|||5,L50||
|Depreciation|s558|6774|1'1,772|||3,7!2||
|Entertainment&gifts||2502||2,502||0||
|Expensesforsponsoredevent||807||807||0||
|Insurance||11255|11,255|||!6,964||
|lTsoftware& consumables||7195||7,195||14,106||
|Legalexpenses||569s||5,695||0||
|Postage &courier||2333||2,333||2,97L||
|Printi ngandstationery||1329||1,329||0||
|BusinessRates||348||348||0||
|Rent|30050|13924|43,974|||1,4,763||
|Staff meetings||451.||457||0||
|Stafftraining||6543||6,543||0||
|Subscriptions||5092||5,O92||4,296||
|Telephone&internet||63||63||2,M6||
|Travelcosts||1387||L,387||1,653||
|Othergeneralexpenses|31708|2032
.,LO:,741|L4|2,O32
t'y9||4,733
__73,710||
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|Fortheyearended31M|arch2022|||
|---|---|---|---|
||Hearts
MilkBank|Charity|Total|
|lncome||||
|Grants-external|35,000.00|110,023.80|145,023.80|
|Other Revenue-nongrant|166.60|0.00|166.60|
|Sales|'177,175.00|0.00|177,175.00|
|DeferredRevenue|35,000.00|0.00|35,000.00|
|Total lncome|247,341.60|110,023.80|357,365.40|
|DirectE:Fathology
Other DirectBpenses
Total CostofSales|37,224.90
35,086.93
72,311.83|0.0037,224.90
0.0035,086.93
0.0072,311.83||
|GrossSurplus|175,029.77|110,023.80|285,053.57|
|AdminisirativeCosts||||
|Accomrnodation|33.32|0.00|33.32|
|Advertising& ttlarketing|183.97|522.79|706.76|
|Audit&Accountancy fees|0.00|499.80|499.80|
|BankFees|12.2s|23.80|36.05|
|Cleaning|2,858.00|0.00|2,858.00|
|Consulting|19,695.00|15,375.00|35,070.00|
|Depreciation Expense|11,551.66|220.14|11,771.80|
|Ertertainnpnt -0%|846.t8|1,583.63|2,429.81|
|Entertainnent-100%business|42.OO|30.00|72.OO|
|E\pensesforsponsoredevents|0.00|807.31|807.31|
|General Erpenses|683.57|221.79|905.36|
|lnsurance|7,393.00|3,861.59|11,254.59|
|lT SofWvare and Consunnbles|6,312.88|882.59|7,195.47|
|Legal Expenses|4,695.'t3|1,000.00|5,695.'13|
|Light,Fower,Fleating|142.40|0.00|142.40|
|IVlotorVehicleExpenses|380.06|0.00|380.06|
|Fensions Costs|4,153.25|1,851.84|6,005.09|
|fostage,Freight & Courier|2,236.00|96.51|2,332.51|
|Printing &Stationery|1,213.92|114.72|1,328.64|
|Rates|348.16|0.00|348.16|
|Rent|43,973.97|0.00|43,973.97|
|Repairs&Maintenance|71.25|0.00|71.25|
|Salaries|'t46,452.75|65,845.14|212,297.85|
|StafflVleetings|204.88|246.06|450.94|
|StaffTraining|6,543.33|0.00|6,543.33|
|Subscriptions|4,628.41|463.60|5,092.01|
|Telephone & lnternet|63.33|0.00|63.33|
|Travel-National|1,361.03|26.28|1,387.31|
|EnployerNlContributions|7,435.47|5,876.71|13,312.18|
|R&D|2,763.99|0.00|2,763.99|
|TotalAdministrativeCosts|276,279.16|99,549.30|375,828.46|
|OperatingSurplus/(Deficit)|(101.249.39)10.474.sO||(90,774.89)|
|Other lncome||
|---|---|
|Donations
Donations withgiftaid
Gift Aid|56.15101,071.09101,127.24
0.006,187.646,187.64
0.004,625.144,625.14|
|Total Other lncome|56.15111,883.87111,940.02|