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**<br>�he en��ara�ysis �oun�ation<br>Cana�ian ��ina��esear�h �rgani�ation<br>C�e�e�an�C�ini�<br>�i�ro�ures<br>��i�ura��timu�ator �ria�����<br>C���h��tu�ent|**����**<br>**�**<br>������<br>������<br>������<br>������<br>������<br>������<br>�������|**����**<br>**�**<br>������<br>�<br>�<br>�<br>�<br>�<br>������|
|---|---|---|



## **� ��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** 

|**�**<br>**�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 �� 

