**REGISTERED CHARITY NUMBER: 1189016** ## Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2022 for ## Camden Anchor Ramsay Brown LLP The Brentano Suite Solar House 915 High Road North Finchley London N12 8QJ Camden Anchor Contents of the Financial Statements for the Year Ended 31 March 2022 ||Page| |---|---| |Report of the Trustees|1| |Statement of Financial Activities|2| |Balance Sheet|3| |Notes to the Financial Statements|4 to 8| |Detailed Statement of Financial Activities|9| Camden Anchor Report of the Trustees for the Year Ended 31 March 2022 The trustees present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Charity number** 1189016 ## **Principal address** St. Pancras Hospital Southwing 4 St. Pancras Way London NW1 0PE ## **Trustees** Dr C S Sayer (resigned 30.6.22) Ms D A Blundell (resigned 30.6.22) Dr J M Myat Ms J Ohlson (appointed 10.10.22) Dr A J Warner (appointed 1.7.22) Approved by order of the board of trustees on 12 January 2023 and signed on its behalf by: Dr A J Warner - Trustee Page 1 Camden Anchor ## Statement of Financial Activities for the Year Ended 31 March 2022 |||**2022**|**2021**| |---|---|---|---| |||**Unrestricted**|**Total**| |||**fund**|**funds**| ||**Notes**|**£**|**£**| |**INCOME AND ENDOWMENTS FROM**|||| |Donations and legacies||100|4,495| |**EXPENDITURE ON**|||| |Raising funds|2|1,381|-| |Other||841|600| |**Total**||2,222|600| |**NET INCOME/(EXPENDITURE)**||(2,122)|3,895| |**RECONCILIATION OF FUNDS**|||| |Total funds brought forward||3,895|-| |**TOTAL FUNDS CARRIED FORWARD**||1,773|3,895| ||||| The notes form part of these financial statements Page 2 Camden Anchor ## Balance Sheet 31 March 2022 |**2022**
**Unrestricted**
**fund**
**Notes**
**£**
**CURRENT ASSETS**
Debtors
5
2,973
**CREDITORS**
Amounts falling due within one year
6
(1,200)
**NET CURRENT ASSETS**
1,773
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
1,773
**NET ASSETS/(LIABILITIES)**
1,773
**FUNDS**
7
Unrestricted funds
1,773
**TOTAL FUNDS**
1,773|**2021**
**Total**
**funds**
**£**
4,495
(600)
3,895
3,895
3,895
3,895
3,895| |---|---| The financial statements were approved by the Board of Trustees and authorised for issue on 12 January 2023 and were signed on its behalf by: A J Warner - Trustee The notes form part of these financial statements Page 3 Camden Anchor Notes to the Financial Statements for the Year Ended 31 March 2022 ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Page 4 continued... Camden Anchor Notes to the Financial Statements - continued for the Year Ended 31 March 2022 ## **2. RAISING FUNDS** ## **Investment management costs** |**Investment management costs**|||| |---|---|---|---| ||**2022**|**2021**|| ||**£**|**£**|| |Property repairs|1,381||-| ## **3. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021. ## **4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** |**COMPARATIVES FOR THE STATEMENT OF FINANCIAL**|**ACTIVITIES**| |---|---| |**INCOME AND ENDOWMENTS FROM**|**Unrestricted**
**fund**
**£**| |Donations and legacies|4,495| |**EXPENDITURE ON**|| |Other|600| |**NET INCOME**|3,895| |**TOTAL FUNDS CARRIED**|| |**FORWARD**|3,895| Page 5 continued... Camden Anchor Notes to the Financial Statements - continued for the Year Ended 31 March 2022 |**5.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||| |---|---|---|---|---| ||||**2022**|**2021**| ||||**£**|**£**| ||Amounts due from Camden Health Partners Ltd||2,973|4,495| |**6.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||Other creditors||**2022**
**£**
1,200|**2021**
**£**
600| |**7.**|**MOVEMENT IN FUNDS**|||| ||**Unrestricted funds**|**At 1.4.21**
**£**|**Net**
**movement**
**in funds**
**£**|**At**
**31.3.22**
**£**| ||General fund|3,895|(2,122)|1,773| ||**TOTAL FUNDS**|3,895|(2,122)|1,773| ||Net movement in funds, included in the above are as follows:|||| ||**Unrestricted funds**|**Incoming**
**resources**
**£**|**Resources **
**expended**
**£**|**Movement**
**in funds**
**£**| ||General fund|100|(2,222)|(2,122)| ||**TOTAL FUNDS**|100|(2,222)|(2,122)| ||**Comparatives for movement in funds**|||| ||**Unrestricted funds**||**Net**
**movement**
**in funds**
**£**|**At**
**31.3.21**
**£**| ||General fund||3,895|3,895| ||**TOTAL FUNDS**||3,895|3,895| |||||| Page 6 continued... Camden Anchor Notes to the Financial Statements - continued for the Year Ended 31 March 2022 ## **7. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: ||**Incoming**|**Resources **|**Movement**|**Movement**| |---|---|---|---|---| ||**resources**|**expended**|**in funds**|| ||**£**|**£**||**£**| |**Unrestricted funds**||||| |General fund|4,495|(600)||3,895| |**TOTAL FUNDS**|4,495|(600)||3,895| A current year 12 months and prior year 12 months combined position is as follows: |**Unrestricted funds**|**Net**
**movement**
**At**
**At 1.4.20**
**in funds**
**31.3.22**
**£**
**£**
**£**|**Net**
**movement**
**At**
**At 1.4.20**
**in funds**
**31.3.22**
**£**
**£**
**£**| |---|---|---| |General fund||-
1,773
1,773| |**TOTAL FUNDS**||-
1,773
1,773| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**|**Incoming**
**Resources **
**resources**
**expended**
**£**
**£**|**Movement**
**in funds**
**£**| |---|---|---| |General fund|4,595
(2,822)|1,773| |**TOTAL FUNDS**|4,595
(2,822)|1,773| Page 7 continued... Camden Anchor Notes to the Financial Statements - continued for the Year Ended 31 March 2022 ## **8. RELATED PARTY DISCLOSURES** As at the year end the charity was owed by Camden Health Partners Ltd £2,973 (2021: £4,495), a company in which the Trustees are shareholders. Page 8 Camden Anchor Detailed Statement of Financial Activities for the Year Ended 31 March 2022 |Detailed Statement of Financial Activities
for the Year Ended 31 March 2022||| |---|---|---| ||**2022**|**2021**| ||**£**|**£**| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Grants|100|4,495| |**Total incoming resources**|100|4,495| |**EXPENDITURE**||| |**Investment management costs**||| |Property repairs|1,381|-| |**Support costs**||| |**Information technology**||| |Subscription|241|-| |**Governance costs**||| |Accountancy and legal fees|600|600| |Total resources expended|2,222|600| |**Net (expenditure)/income**|(2,122)|3,895| |||| This page does not form part of the statutory financial statements Page 9