Charity registration number��������
�ia��s �oun�ation
- �nnua��e�ort an��inan�ia��tatements
�or the �ear �n�e����une ����
Nialls Foundation
Contents
| �e�eren�e an���ministrati�e �etai�s | � |
|---|---|
| �rustees��e�ort | �to � |
| �tatement o��rustees��es�onsibi�ities | � |
| �n�e�en�ent ��aminer�s �e�ort | � |
| �tatement o��inan�ia���ti�ities | � |
| �a�an�e �heet | � |
| Cash ��o��tatement | � |
| �otes to the �inan�ia��tatements | ��to �� |
Nialls Foundation
�e�e�en�e and �d�inist�ati�e �etails
| ��ustees | �r ������ssaa� |
|---|---|
| �rs �����ssaa� | |
| �rs ���hah | |
| C�a�it��e�ist�ation Nu��e� | ������� |
| ��in�i�al ���i�e | �bbey�a�e |
| �rre���oa� | |
| �rre�� | |
| �igan | |
| ������ | |
| �nde�endent ��a�ine� | �i��iamson �Cro�t �u�it �imite� |
| �or��ouse | |
| ���or��treet | |
| �an�hester | |
| ����� |
�age �
Nialls Foundation
��ustees��e�o�t
�he trustees �resent the annua�re�ort together �ith the �inan�ia�statements o�the �harity �or the year en�e��� �une �����
�t�u�tu�e��o�e�nan�e and �ana�e�ent
Nat���������������������t
�ia��s �oun�ation is a Charitab�e �n�or�orate��rganisation��he �harity is go�erne�by the Charitab�e �n�or�orate� �rganisation �onstitution a�o�te�on ��th �e�tember �����
���a���at���a��t���t���
�he �harity is a�ministere�by the trustees��he trustees that ha�e ser�e��uring the year are sho�n on �age ��
�elations�i�s �it��elated �a�ties
Fuel �e��i�e �td
��o o�the trustees are �ire�tors o�the abo�e �om�any�
Cint�alis �td
�ne o�the trustees is a �ire�tor o�the abo�e �om�any�
�ue��er�i�e �t�has an interest in the abo�e �om�any�
���e�ti�es and a�ti�ities
�����t�a��a���
�he ob�e�ts o�the �harity are to �ro�i�e grants to �romote resear�h in the treatment an��ure o�s�ina�in�uries an�to �ro�i�e grants so that the resu�ts o�su�h resear�h �an be �ub�ishe��
�he aims o�the �harity are to a��an�e the e�u�ation o�the �ub�i�in genera�in the treatment an��ure o�s�ina� in�uries�
�����t������t�at�����a��a�t���t���
�ia��s �oun�ations aim is to bring �ures an�treatments to the ��ini��or �eo��e �ith Chroni���ina�Cor��n�ury� �he strategy to �o this is base�on
���un�resear�h on �is�o�eries that are at an ear�y stage an�ha�e sho�n �romise in �no�n targets �or re�air� ���un�targete�resear�h �ith sma��grants that ans�er �uestions that enab�es �arger �un�ing �rom �arge s�a�e �un�ers�
���un��hroni�resear�h on treatments that ha�e sho�n �romise in ��ute in�uries �hi�h may �or�in the Chroni� time�rame�
������������t
�he �harity�s a�ti�ities are un�erta�en to �romote resear�h into the treatment an��ure o�s�ina�in�uries �or the bene�it o�the genera��ub�i��
�he trustees �on�irm that they ha�e �om��ie��ith the re�uirements o�se�tion ��o�the Charities ��t ����to ha�e �ue regar�to the �ub�i�bene�it gui�an�e �ub�ishe�by the Charity Commission �or �ng�an�an��a�es�
�age �
Nialls Foundation
��ustees��e�o�t
���ie�e�ents and �e��o��an�e
�uring the �erio��the �harity has ma�e grants o�����������������������to �arious organisations that un�erta�e resear�h into s�ina�in�uries�
�n this �inan�ia�year �e �ro�i�e��un�ing �or the �o��o�ing�
�i��o�u�es
�un�ing to re��i�ate the a�ute �or��one on ���in the �hroni�mo�e�to �eri�y ���as a target an�to �rogress a �rug that �an o��er re�air o��amage�a�ons �ithin the s�ina��or��
�e�o��ti�
�un�ing to test e�i�ura�stimu�ation on the s�ina��or�to �i��o�b�oo��ressure �or �eo��e �ith a s�ina��or� in�ury�
C���eeds �ni�e�sit����
�un�ing �or a �h�stu�ent at �ee�s �ni�ersity to un�erstan�i�C���an be �aire��ith other te�hno�ogies su�h as s�ina��or�stimu�ation to enhan�e the e��e�ts an�gi�e meaning�u�re�o�ery to �eo��e �ith a s�ina��or�in�ury�
N����idu�al �ti�ulato���ial
�e �un�e�a tria�to a��o�a �atient in the ��to re�ei�e a e�i�ura�stimu�ator to see i�bene�it �ou��be a�hie�e� �ith at home rehabi�itation�
���
�e �un�e�a tria�at C�e�e�an�C�ini�to see i�a no�e��e�ti�e �ou��a�hie�e re�o�ery by �no��ing �o�n ��C��in a �hroni�mo�e���his �e�ti�e ha�a�rea�y sho�n resu�ts in an a�ute mo�e��
�n this �inan�ia�year �e �ro�i�e�in�estments in the �o��o�ing�
Cint�alis �td
Cintra�is is an ear�y stage biote�h �ith the aim o�bringing C��to the ��ini���e ha�e �re�ious�y �un�e�the resear�h in C��at C�e�e�an�C�ini�an��ee�s �ni�ersity �ith �ositi�e resu�ts��he in�estment �i��be use��or �urther resear�h in trans�ating this te�hno�ogy so that it �an be use�in human �atients �ith a ��ina�Cor��n�ury�
Finan�ial �e�ie�
�he �harity re�ei�e��onations o�������������������������uring the �erio���he �harity ma�e grants to organisations amounting to �����������������������uring the �erio��
�eser�es �arrie��or�ar�at the year en�amounte�to �����������������������
����������������
�he �o�i�y o�the �harity is not to ho��any reser�es�����un�s re�ei�e�are use�to �un�grants at the ear�iest o��ortunity�
�age �
Nialls Foundation
��ustees��e�o�t
�����t���t ������a�������t����
�he �harity has �rogramme �e�ate��n�estments��hese in�estments ha�e been ma�e to �urther the aims an� ob�e�ti�es o�the �harity� �ur in�estment strategy is to su��ort ear�y stage �om�anies �here resear�h �i��be �er�orme�in the Chroni� in�ury mo�e�to �ast tra��treatments to the ��ini��
�he annua�re�ort �as a��ro�e�by the trustees o�the �harity on ����ri�����an�signe�on its beha��by�
����������������������������������������� �r ������ssaa� �rustee
�age �
Nialls Foundation
�tate�ent o���ustees��es�onsi�ilities
�he trustees are res�onsib�e �or �re�aring the trustees�re�ort an�the �inan�ia�statements in a��or�an�e �ith the �nite��ing�om ���ounting �tan�ar�s ��nite��ing�om �enera��y ���e�te����ounting �ra�ti�e�an�a���i�ab�e �a�an�regu�ations�
�he �a�a���i�ab�e to �harities re�uires the trustees to �re�are �inan�ia�statements �or ea�h �inan�ia�year �hi�h gi�e a true an��air �ie�o�the state o�a��airs o�the �harity an�o�the in�oming resour�es an�a���i�ation o� resour�es o�the �harity �or that �erio���n �re�aring these �inan�ia�statements�the trustees are re�uire�to�
-
se�e�t suitab�e a��ounting �o�i�ies an�then a���y them �onsistent�y�
-
obser�e the metho�s an��rin�i��es in the Charities �����
-
ma�e �u�gements an�estimates that are reasonab�e an��ru�ent�
-
state �hether a���i�ab�e a��ounting stan�ar�s ha�e been �o��o�e��sub�e�t to any materia��e�artures �is��ose�an�e���aine�in the �inan�ia�statements�an�
-
�re�are the �inan�ia�statements on the going �on�ern basis un�ess it is ina��ro�riate to �resume that the �harity �i���ontinue in business�
�he trustees are res�onsib�e �or �ee�ing �ro�er a��ounting re�or�s that �is��ose �ith reasonab�e a��ura�y at any time the �inan�ia��osition o�the �harity an�enab�e them to ensure that the �inan�ia�statements �om��y �ith the Charities ��t �����the Charities ����ounts an��e�orts��egu�ations �����an�the �ro�isions o�the �onstitution� �he trustees are a�so res�onsib�e �or sa�eguar�ing the assets o�the �harity an�hen�e �or ta�ing reasonab�e ste�s �or the �re�ention an��ete�tion o��rau�an�other irregu�arities�
�he trustees are res�onsib�e �or the maintenan�e an�integrity o�the �or�orate an��inan�ia�in�ormation in��u�e� on the �haritab�e �om�any�s �ebsite��egis�ation go�erning the �re�aration an��issemination o��inan�ia� statements may �i��er �rom �egis�ation in other �uris�i�tions�
���ro�e�by the trustees o�the �harity on ����ri�����an�signe�on its beha��by�
����������������������������������������� �r ������ssaa�
�rustee
�age �
Nialls Foundation
�nde�endent ��a�ine��s �e�o�t to t�e t�ustees o�Nialls Foundation
�re�ort to the trustees on my e�amination o�the a��ounts o��ia��s �oun�ation �or the year en�e����une �����
�es�onsi�ilities and �asis o��e�o�t
�s the �harity trustees o��ia��s �oun�ation you are res�onsib�e �or the �re�aration o�the a��ounts in a��or�an�e �ith the re�uirements o�the Charities ��t ������the ��t���
�re�ort in res�e�t o�my e�amination o�the �ia��s �oun�ation�s a��ounts �arrie�out un�er se�tion ���o�the ���� ��t an�in �arrying out my e�amination �ha�e �o��o�e�a��the a���i�ab�e �ire�tions gi�en by the Charity Commission un�er se�tion �������b�o�the ��t�
�nde�endent e�a�ine��s state�ent
�in�e �ia��s �oun�ation�s gross in�ome e��ee�e���������your e�aminer must be a member o�a bo�y �iste�in se�tion ���o�the ������t���on�irm that �am �ua�i�ie�to un�erta�e the e�amination be�ause �am a member o� the �nstitute o�Chartere����ountants in �ng�an�an��a�es��hi�h is one o�the �iste�bo�ies�
�ha�e �om��ete�my e�amination���on�irm that no materia�matters ha�e �ome to my attention in �onne�tion �ith the e�amination gi�ing me �ause to be�ie�e that in any materia�res�e�t�
-
��a��ounting re�or�s �ere not �e�t in res�e�t o��ia��s �oun�ation as re�uire�by se�tion ���o�the ��t�or
-
��the a��ounts �o not a��or��ith those re�or�s�or
-
��the a��ounts �o not �om��y �ith the a��ounting re�uirements �on�erning the �orm an��ontent o�a��ounts set out in the Charities ����ounts an��e�orts��egu�ations ����other than any re�uirement that the a��ounts gi�e a �true an��air �ie���hi�h is not a matter �onsi�ere�as �art o�an in�e�en�ent e�amination�
�ha�e no �on�erns an�ha�e �ome a�ross no other matters in �onne�tion �ith the e�amination to �hi�h attention shou��be �ra�n in this re�ort in or�er to enab�e a �ro�er un�erstan�ing o�the a��ounts to be rea�he��
�������������������������������������� �or �tring�e��o��C� �nstitute o�Chartere����ountants in �ng�an�an��a�es
�i��iamson �Cro�t �u�it �imite� �or��ouse ���or��treet �an�hester �����
����ri�����
�age �
Nialls Foundation
�tate�ent o�Finan�ial ��ti�ities �o�t�e �ea��nded ���une ����
| �n�est�i�ted | �otal | �otal | |||||
|---|---|---|---|---|---|---|---|
| �unds | ���� | ���� | |||||
| Note | � | � | � | ||||
| �n�o�e and �ndo��ents ��o�� | |||||||
| �onations an��ega�ies | � | ������� | ������� | ������� | |||
| �n�estment in�ome | � | ������ | ������ | �� | |||
| �ota�in�ome | ������� | ������� | ������� | ||||
| ���enditu�e on� | |||||||
| Charitab�e a�ti�ities | � | ��������� | ��������� | �������� | |||
| �ota�e��en�iture | ��������� | ��������� | �������� | ||||
| �et in�ome | ������� | ������� | ������� | ||||
| �et mo�ement in �un�s | ������� | ������� | ������� | ||||
| �e�on�iliation o��unds | |||||||
| �ota��un�s brought �or�ar� | ������� | ������� | ������� | ||||
| �ota��un�s �arrie��or�ar� | �� | ������� | ������� | ������� |
���o�the �harity�s a�ti�ities �eri�e �rom �ontinuing o�erations �uring the abo�e t�o �erio�s�
�he �un�s brea��o�n �or ����is sho�n in note ���
�he notes on �ages ��to ���orm an integra��art o�these �inan�ia�statements� �age �
Nialls Foundation
��e�ist�ation nu��e���������� �alan�e ��eet as at ���une ����
| ���� | ���� | ||||
|---|---|---|---|---|---|
| Note | � | � | |||
| Fi�ed assets | |||||
| �n�estments | � | ������� | ������� | ||
| Cu��ent assets | |||||
| �ebtors | � | ������ | � | ||
| Cash at ban�an�in han� | �� | ������� | ������� | ||
| ������� | ������� | ||||
| Net assets | ������� | ������� | |||
| Funds o�t�e ��a�it�� | |||||
| �n�est�i�ted in�o�e �unds | |||||
| �nrestri�te��un�s | ������� | ������� | |||
| �otal �unds | �� | ������� | ������� |
�he �inan�ia�statements on �ages �to ���ere a��ro�e�by the trustees�an�authorise��or issue on ����ri� ����an�signe�on their beha��by�
�����������������������������������������
�r ������ssaa� �rustee
�he notes on �ages ��to ���orm an integra��art o�these �inan�ia�statements� �age �
Nialls Foundation
Cas�Flo��tate�ent �o�t�e �ea��nded ���une ����
| ���� | ���� | ||||
|---|---|---|---|---|---|
| Note | � | � | |||
| Cas��lo�s ��o�o�e�atin�a�ti�ities | |||||
| �et �ash in�ome | ������� | ������� | |||
| �d�ust�ents to �as��lo�s ��o�non��as�ite�s | |||||
| �n�estment in�ome | � | �������� | ���� | ||
| ������� | ������� | ||||
| �o��in��a�ital ad�ust�ents | |||||
| �n�rease in �ebtors | � | �������� | � | ||
| �et �ash ��o�s �rom o�erating a�ti�ities | ������� | ������� | |||
| Cas��lo�s ��o�in�estin�a�ti�ities | |||||
| �nterest re�ei�ab�e an�simi�ar in�ome | � | ������ | �� | ||
| �ur�hase o�in�estments | ��������� | ��������� | |||
| �et �ash ��o�s �rom in�esting a�ti�ities | ��������� | �������� | |||
| �et ��e�rease��in�rease in �ash an��ash e�ui�a�ents | ������� | ������� | |||
| Cash an��ash e�ui�a�ents at ��u�y | ������� | ������� | |||
| Cash an��ash e�ui�a�ents at ���une | ������� | ������� |
���o�the �ash ��o�s are �eri�e��rom �ontinuing o�erations �uring the abo�e t�o �erio�s�
�he notes on �ages ��to ���orm an integra��art o�these �inan�ia�statements� �age �
Nialls Foundation
Notes to t�e Finan�ial �tate�ents �o�t�e �ea��nded ���une ����
� ���ountin��oli�ies
�tate�ent o��o��lian�e
�he �inan�ia�statements ha�e been �re�are�in a��or�an�e �ith the se�on�e�ition o�the Charities �tatement o� �e�ommen�e��ra�ti�e issue�in ��tober �����the �inan�ia��e�orting �tan�ar�a���i�ab�e in the �nite��ing�om an��e�ub�i�o��re�an���������an�the Charities ��t �����
�asis o���e�a�ation
�ia��s �oun�ation meets the �e�inition o�a �ub�i�bene�it entity un�er ��������he a��ounts ��inan�ia�statements� ha�e been �re�are�un�er the histori�a��ost �on�ention �ith items re�ognise�at �ost or transa�tion �a�ue un�ess other�ise state�in the re�e�ant note�s�to these a��ounts�
�oin��on�e�n
�he �inan�ia�statements ha�e been �re�are�on a going �on�ern basis�
�he trustees assess �hether the use o�going �on�ern is a��ro�riate i�e��hether there are any materia� un�ertainties re�ate�to e�ents or �on�itions that may �ast signi�i�ant �oubt on the abi�ity o�the �harity to �ontinue as a going �on�ern��he trustees ma�e this assessment in res�e�t o�a �erio�o�one year �rom the �ate o� a��ro�a�o�the �inan�ia�statements�
�n�o�e and endo��ents
�o�untary in�ome in��u�ing �onations�gi�ts��ega�ies an�grants that �ro�i�e �ore �un�ing or are o�a genera� nature is re�ognise��hen the �harity has entit�ement to the in�ome�it is �robab�e that the in�ome �i��be re�ei�e�an�the amount �an be measure��ith su��i�ient re�iabi�ity�
���at����a�����a����
�onations an��ega�ies are re�ognise�on a re�ei�ab�e basis �hen re�ei�t is �robab�e an�the amount �an be re�iab�y measure��
�����t���t ������
�n�ome �rom interest�roya�ties an��i�i�en�s is re�ognise��hen its re�ei�t is �robab�e an�the amount re�ei�ab�e �an be measure�re�iab�y�
���enditu�e
���e��en�iture is re�ognise�on�e there is a �ega�or �onstru�ti�e ob�igation to that e��en�iture�it is �robab�e sett�ement is re�uire�an�the amount �an be measure�re�iab�y�����osts are a��o�ate�to the a���i�ab�e e��en�iture hea�ing that aggregate simi�ar �osts to that �ategory�
�age ��
Nialls Foundation
Notes to t�e Finan�ial �tate�ents �o�t�e �ea��nded ���une ����
��a��ta���a�t���t���
Charitab�e e��en�iture �om�rises those �osts in�urre�by the �harity in the �e�i�ery o�its a�ti�ities an�ser�i�es �or its bene�i�iaries��t in��u�es both �osts that �an be a��o�ate��ire�t�y to su�h a�ti�ities an�those �osts o�an in�ire�t nature ne�essary to su��ort them�
��a�t �������t���
�rants �ayab�e are �ayments ma�e to thir��arties in the �urtheran�e o�the �haritab�e ob�e�ti�es�
��a�t ����������
�ro�isions �or grants are ma�e �hen the intention to ma�e a grant has been �ommuni�ate�to the re�i�ient but there is un�ertainty about either the timing o�the grant or the amount o�grant �ayab�e�
���e�o�e�a�le ���
�rre�o�erab�e ���is �harge�against the �ategory o�resour�es e��en�e��or �hi�h it �as in�urre��
�a�ation
�he �harity is �onsi�ere�to �ass the tests set out in �aragra�h ���he�u�e �o�the �inan�e ��t ����an�there�ore it meets the �e�inition o�a �haritab�e �om�any �or ���or�oration ta��ur�oses����or�ing�y�the �harity is �otentia��y e�em�t �rom ta�ation in res�e�t o�in�ome or �a�ita�gains re�ei�e��ithin �ategories �o�ere�by Cha�ter ��art ��o�the Cor�oration �a���t ����or �e�tion ���o�the �a�ation o�Chargeab�e �ains ��t �����to the e�tent that su�h in�ome or gains are a���ie�e���usi�e�y to �haritab�e �ur�oses�
��o��a��e �elated in�est�ents
�rogramme re�ate�in�estments are ma�e in �urtheran�e o�the �harity�s ob�e�ts an�any in�estment return is se�on�ary to the �haritab�e �ur�ose su��orte�by the in�estment��u�h in�estments are in��u�e�at their �ost��ny �oss or im�airment arising �rom su�h in�estments is �harge�as �art o��haritab�e a�ti�ities �ithin the �tatement o� �inan�ia���ti�ities�
��ade de�to�s
�ra�e �ebtors are amounts �ue �rom �ustomers �or mer�han�ise so��or ser�i�es �er�orme�in the or�inary �ourse o�business�
�ra�e �ebtors are re�ognise�initia��y at the transa�tion �ri�e��hey are subse�uent�y measure�at amortise��ost using the e��e�ti�e interest metho���ess �ro�ision �or im�airment���ro�ision �or the im�airment o�tra�e �ebtors is estab�ishe��hen there is ob�e�ti�e e�i�en�e that the �harity �i��not be ab�e to �o��e�t a��amounts �ue a��or�ing to the origina�terms o�the re�ei�ab�es�
Cas�and �as�e�ui�alents
Cash an��ash e�ui�a�ents �om�rise �ash on han�an��a���e�osits�an�other short�term high�y �i�ui�in�estments that are rea�i�y �on�ertib�e to a �no�n amount o��ash an�are sub�e�t to an insigni�i�ant ris�o��hange in �a�ue�
�age ��
Nialls Foundation
Notes to t�e Finan�ial �tate�ents �o�t�e �ea��nded ���une ����
Fo�ei�n e���an�e
�ransa�tions in �oreign �urren�ies are re�or�e�at the rate o�e��hange at the �ate o�the transa�tion��onetary assets an��iabi�ities �enominate�in �oreign �urren�ies at the ba�an�e sheet �ate are re�orte�at the rates o� e��hange �re�ai�ing at that �ate�
Fund st�u�tu�e
�nrestri�te�in�ome �un�s are genera��un�s that are a�ai�ab�e �or use at the trustee�s �is�retion in �urtheran�e o� the ob�e�ti�es o�the �harity�
Finan�ial inst�u�ents
��a������at���
�inan�ia�assets an��inan�ia��iabi�ities are re�ognise��hen the �harity be�omes a �arty to the �ontra�tua� �ro�isions o�the instrument�
�inan�ia��iabi�ities an�e�uity instruments are ��assi�ie�a��or�ing to the substan�e o�the �ontra�tua� arrangements entere�into��n e�uity instrument is any �ontra�t that e�i�en�es a resi�ua�interest in the assets o� the �harity a�ter �e�u�ting a��o�its �iabi�ities�
�������t���a����a�������t
����inan�ia�assets an��iabi�ities are initia��y measure�at transa�tion �ri�e �in��u�ing transa�tion �osts��e��e�t �or those �inan�ia�assets ��assi�ie�as at �air �a�ue through �ro�it or �oss��hi�h are initia��y measure�at �air �a�ue ��hi�h is norma��y the transa�tion �ri�e e���u�ing transa�tion �osts��un�ess the arrangement �onstitutes a �inan�ing transa�tion���an arrangement �onstitutes a �inan�ing transa�tion�the �inan�ia�asset or �inan�ia��iabi�ity is measure�at the �resent �a�ue o�the �uture �ayments �is�ounte�at a mar�et rate o�interest �or a simi�ar �ebt instrument�
�inan�ia�assets an��iabi�ities are on�y o��set in the statement o��nan�ia��osition �hen�an�on�y �hen there e�ists a �ega��y en�or�eab�e right to set o��the re�ognise�amounts an�the �harity inten�s either to sett�e on a net basis�or to rea�ise the asset an�sett�e the �iabi�ity simu�taneous�y�
�inan�ia�assets are �ere�ognise��hen an�on�y �hen a�the �ontra�tua�rights to the �ash ��o�s �rom the �inan�ia� asset e��ire or are sett�e��b�the �harity trans�ers to another �arty substantia��y a��o�the ris�s an�re�ar�s o� o�nershi�o�the �inan�ia�asset�or ��the �harity��es�ite ha�ing retaine�some�but not a���signi�i�ant ris�s an� re�ar�s o�o�nershi��has trans�erre��ontro�o�the asset to another �arty�
�inan�ia��iabi�ities are �ere�ognise�on�y �hen the ob�igation s�e�i�ie�in the �ontra�t is �is�harge���an�e��e�or e��ires�
�age ��
Nialls Foundation
Notes to t�e Finan�ial �tate�ents �o�t�e �ea��nded ���une ����
� �n�o�e ��o�donations and le�a�ies
| �n�est�i�ted | |||||||
|---|---|---|---|---|---|---|---|
| �unds | �otal | �otal | |||||
| �ene�al | ���� | ���� | |||||
| � | � | � | |||||
| �onations an��ega�ies� | |||||||
| �onations �rom �om�anies�trusts an�simi�ar �ro�ee�s | ������� | ������� | ������� | ||||
| ������� | ������� | ������� | |||||
| � | �n�est�ent in�o�e | ||||||
| �n�est�i�ted | |||||||
| �unds | �otal | �otal | |||||
| �ene�al | ���� | ���� | |||||
| � | � | � | |||||
| �nterest re�ei�ab�e an�simi�ar in�ome� | |||||||
| �nterest re�ei�ab�e on ban��e�osits | �� | �� | �� | ||||
| �ther in�estment in�ome | ������ | ������ | � | ||||
| ������ | ������ | �� | |||||
| � | ���enditu�e on ��a�ita�le a�ti�ities | ||||||
| �n�est�i�ted | |||||||
| �unds | �otal | �otal | |||||
| �ene�al | ���� | ���� | |||||
| � | � | � | |||||
| �rants �ayab�e | ������� | ������� | ������ | ||||
| �an��harges | ��� | ��� | �� | ||||
| �oreign �urren�y �gains���osses | ����� | ����� | ��� | ||||
| ������� | ������� | ������ |
�age ��
Nialls Foundation
Notes to t�e Finan�ial �tate�ents �o�t�e �ea��nded ���une ����
� ��ant��a�in�
�nal�sis o���ants
| �nal�sis o���ants | |||
|---|---|---|---|
| ��ants to institutions | |||
| ���� | ���� | ||
| � | � | ||
| �nal�sis | |||
| �rants �ai� | ������� | ������ | |
| �he su��ort �osts asso�iate��ith grant�ma�ing are ��i�����une �������i��� |
�e�o�are �etai�s o�materia�grants ma�e to institutions�
| Na�e o�institution �he en��ara�ysis �oun�ation Cana�ian ��ina��esear�h �rgani�ation C�e�e�an�C�ini� �i�ro�ures ��i�ura��timu�ator �ria����� C���h��tu�ent |
���� � ������ ������ ������ ������ ������ ������ ������� |
���� � ������ � � � � � ������ |
|---|---|---|
� ��ustees �e�une�ation and e��enses
�o trustees�nor any �ersons �onne�te��ith them�ha�e re�ei�e�any remuneration �rom the �harity �uring the year�
�o trustees ha�e re�ei�e�any reimburse�e��enses or any other bene�its �rom the �harity �uring the year�
� �a�ation
- �he �harity is a registere��harity an�is there�ore e�em�t �rom ta�ation�
�age ��
Nialls Foundation
Notes to t�e Finan�ial �tate�ents �o�t�e �ea��nded ���une ����
� �o�ial in�est�ents
��o��a��e �elated in�est�ents
| ��o��a��e �elated in�est�ents | ||||
|---|---|---|---|---|
| ��o��a��e | ||||
| �elated | ||||
| in�est�ent � | �otal | |||
| � | � | |||
| Cost | ||||
| �t ��u�y ���� | ������� | ������� | ||
| ���itions | ������� | ������� | ||
| �t ���une ���� | ������� | ������� | ||
| ��o�ision | ||||
| �t ���une ���� | � | � | ||
| Net �oo��alue | ||||
| �t ���une ���� | ������� | ������� | ||
| �t ���une ���� | ������� | ������� | ||
� �e�to�s
| � �e�to�s |
||||
|---|---|---|---|---|
| ���� | ||||
| � | ||||
| ���rue�in�ome | ������ | |||
| ��Cas�and �as�e�ui�alents | ||||
| ���� | ���� | |||
| � | � | |||
| Cash at ban� | ����� | ������ | ||
| �hort�term �e�osits | ������� | ������� | ||
| ������� | ������� | |||
�age ��
Nialls Foundation
Notes to t�e Finan�ial �tate�ents �o�t�e �ea��nded ���une ����
| ��Funds | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| �alan�e at � | �n�o�in� | �esou��es | �alan�e at �� | ||||||
| �ul����� | �esou��es | e��ended | �une ���� | ||||||
| � | � | � | � | ||||||
| �n�est�i�ted �unds | |||||||||
| �����a� | |||||||||
| �enera��un�s | ������� | ������� | ��������� | ������� | |||||
| �alan�e at � | �n�o�in� | �esou��es | �alan�e at �� | ||||||
| �ul����� | �esou��es | e��ended | �une ���� | ||||||
| � | � | � | � | ||||||
| �n�est�i�ted �unds | |||||||||
| �����a� | |||||||||
| �enera��un�s | ������� | ������� | �������� | ������� | |||||
| ���nal�sis o�net assets �et�een �unds | |||||||||
| �n�est�i�ted | �otal �unds at | ||||||||
| �unds | ���une | ||||||||
| �ene�al | ���� | ||||||||
| � | � | ||||||||
| �rogramme re�ate�in�estments | ������� | ������� | |||||||
| Current assets | ������� | ������� | |||||||
| �ota�net assets | ������� | ������� | |||||||
| �n�est�i�ted | �otal �unds at | ||||||||
| �unds | ���une | ||||||||
| �ene�al | ���� | ||||||||
| � | � | ||||||||
| �rogramme re�ate�in�estments | ������� | ������� | |||||||
| Current assets | ������� | ������� | |||||||
| �ota�net assets | ������� | ������� | |||||||
�age ��
Nialls Foundation
Notes to t�e Finan�ial �tate�ents �o�t�e �ea��nded ���une ����
���nal�sis o�net �unds
| ���nal�sis o�net �unds | ||||||
|---|---|---|---|---|---|---|
| Finan�in��as� | �t ���une | |||||
| �t ��ul����� | �lo�s | ���� | ||||
| � | � | � | ||||
| Cash at ban�an�in han� | ������� | ������� | ������� | |||
| Current asset in�estments | ������� | ������� | ������� | |||
| �et �ebt | ������� | ������� | ������� | |||
| Finan�in��as� | �t ���une | |||||
| �t ��ul����� | �lo�s | ���� | ||||
| � | � | � | ||||
| Cash at ban�an�in han� | ������� | ������� | ������� | |||
| Current asset in�estments | � | ������� | ������� | |||
| �et �ebt | ������� | ������� | ������� | |||
���elated �a�t�t�ansa�tions
�uring the year the �harity ma�e the �o��o�ing re�ate��arty transa�tions�
Fuel �e��i�e �td
���o o�the trustees are �ire�tors o�the abo�e �om�any��
�onations o�������������������������ere re�ei�e��rom the abo�e �om�any �uring the �erio�� �t the ba�an�e sheet �ate the amount �ue to��rom �ue��er�i�e �t��as ��i���������i���
Cint�alis �td
��ne o�the trustees is a �ire�tor o�the abo�e �om�any��ue��er�i�e �t��in �hi�h t�o o�the trustees are �ire�tors�has an interest in the abo�e �om�any�� �he �harity has ma�e a �rogramme re�ate�in�estment in Cintra�is �t��ia �on�ertib�e notes� �t the ba�an�e sheet �ate the amount �ue �rom Cintra�is �t��as ������������������������
�age ��