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|||Page|
|---|---|---|
|Charity<br>information|||
|Trustees'<br>report||2-4|
|Independent<br>auditor's|report|5-7|
|Statement<br>offinancial|activities||
|Statement<br>offinancial|position||
|Statement<br>ofcash flows||10|
|Notes to the financial|statements|11 - 14|





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|Trustees|Dr Y.K. Hamied|||
|---|---|---|---|
||F. Hamied|||
||P.A. Robertson|||
||A. Sexton|||
|Charity number|1183715|||
|Auditor|Ward Williams|||
||Chartered<br>Accountants|||
||Statutory Auditor|||
||Belgrave House|||
||39-43 Monument|Hill||
||Weybridge|||
||Surrey|||
||KT138RN|||
|Accountants|Dixcart International||Limited|
||Chartered<br>Accountants|||
||Dixcart House|||
||Addlestone<br>Road|||
||Bourne Business|Park||
||Addlestone|||
||Surrey|||
||KT152LE|||
|Bankers|Barclays Pic|||
||25 Circular Road|||
||Douglas|||
||Isle of Man|||
||IM1 1AD|||





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|||||Unrestricted<br>Unrestricted|Unrestricted<br>Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2022|2021|
||||Notes|E||
|Income from:||||||
|Donations<br>and|legacies||3|9,964,355|2,992,796|
|Ex enditure on:||||||
|Charitable<br>activities|||4|12,906,578|200,563|
|Net (expenditure)/income<br>Net movement<br>in funds||for the year/||(2,942,223)|2,792,233|
|Fund balances|at 1 January|2022||3,252,531|460,298|
|Fund balances|at 31 December 2022|||310,308|3,252,531|





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|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Notes|||||
|Current assets||||||||
|Debtors||||||2,242,289||
|Cash at bank and in||hand||322,914||1,057,415||
|||||322,914||3,299,704||
|Creditors: amounts||fatting due within||||||
|one year|||10|(12,606)||(47,173)||
|Net current assets|||||310,308||3,252,531|
|Total funds||||||||
|Unrestricted|funds||||310,308||3,252,531|
||||||310,308||3,252,531|






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|||||Notes|2022f|2021|
|---|---|---|---|---|---|---|
|Cash flows from operating|||activities||||
|Cash (absorbed<br>operations|by)/generated||from|13|(734,501)|572,700|
|Cash and cash|equivalents|at beginning||ofyear|1,057,415|484,715|
|Cash and cash|equivalents||at end of|year|322,914|1,057,415|





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|Charitable<br>a|ctivities||||
|---|---|---|---|---|
|||Charitable||Charitable|
|||Expenditure|Expenditure||
|||2022||2021|
|||||F|
|Bank charges||49||128|
|Legal fees||22,878||36,683|
|Exchange (gains)/losses||(314,951)||215,449|
|Audit and accountancy||21,996||27,830|
|Postage and|courier|||122|
|||(270,028)||280,212|
|Grant funding|ofactivities (see note 5)|13,176,606||(79,649)|
|||12,906,578||200,563|



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||||||Charitable|Charitable|
|---|---|---|---|---|---|---|
||||||Expenditure|Expenditure|
||||||2022|2021|
||||||F|f.|
|Grants to institutions:|||||||
|Cambridge||University|||12,525,000|2,025,000|
|Weill Cornell||Medical College||||(2,440,450)|
|The Royal|Society Yusuf Hamied||Programme|for India|200,000|200,000|
|Ada pthealth||||||50,368|
|Fundacion|Cudeca||||430,525||
|Other|||||21,081|85,433|
||||||13,176,606|(79,649)|



|Support cos|ts|||||||
|---|---|---|---|---|---|---|---|
|||Support|Governance|2022|Support|Governance|2021|
|||costs|costs||costs|costs||
|||F|F|F.||f|F|
|Exchange (gains)/losses||(314,951)||(314,951)|215,449||215,449|
|Postage and|courier||||122||122|
|Audit fees|||5,940|5,940||5,400|5,400|
|Legal and professional|||22,878|22,878||36,683|36,683|
|Accountancy|fees||16,056|16,056||22,430|22,430|
|Bank charges|||49|49||128|128|
|||(314,951)|44,923|(270,028)|215,571|64,641|280,212|





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|9|Debtors|||||
|---|---|---|---|---|---|
||Amounts<br>falling due||within one year:|2022f|2021<br>F|
||Other debtors||||2,223,969|
||Prepayments|and accrued income|||18,320|
||||||2,242,289|
|10|Creditors: amounts||falling due within one year|||
|||||2022<br>E|2021f|
||Accruals and|deferred|income|12,606|47,173|



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||The Foundation<br>had no debt during|The Foundation<br>had no debt during|the year.|||
|---|---|---|---|---|---|
|13|Cash generated<br>from operations|||2022|2021|
|||||F|F|
||(Deficit)/surpus<br>for the year|||(2,942,223)|2,792,233|
||Movements<br>in working<br>capital:|||||
||Decrease/(increase)<br>in debtors|||2,242,289|(2,242,289)|
||(Decrease)/increase<br>in creditors|||(34,567)|22,756|
||Cash (absorbed<br>by)/generated|from operations||(734,501)|572,700|