## 





## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 




## 




## 

## 

## 

## 

## 



## 

||krt|he year end|ed 30Septetnber 2020|||
|---|---|---|---|---|---|
|||||2020|2019|
||||Unrestricte|Total|Total|
||||funds|funds|funds|
|||Notes|f,|||
|INCOME|AND ENDOWMENTS FROM|||||
|Donatioas|and legacies||5,089|5,0$9|7,962|
|Investment|income||19,999|19,999|23,707|
||||25,088|25,088|31,669|
|EXPENDITURE QN||||||
|Cissritable|nativities|||||
|Chants paid|||35,315|35,315|24,629|
|Christmas|grants||750|750|1,050|
|Travel expenses|||1,188|1,18&|1,732|
|Other|||6P22|6@22|6,316|
||||43+75|43,575|33.727|
|Net gains/(losses)<br>on investments|||(94,150)|(94,150)|15,387|
|NETINCOME/(KCPENDFHJRE)|||(112,637)|(112,637)|13,329|
|RECONCILIATION OFFUNDS||||||
|Total fimds|brought~||807,095|807,095|793,766|
|TOTAL FUNDS CARRIED FORWARD|||694,458|694,458|807,095|





## 

||||||2020|2019|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||flmds|fund|flmds|flmds|
|||Notes|f,||||
|FIXED|ASSETS||||||
|Investments||5|659,184||659,184|753/33|
|CURRENT ASSBTS|||||||
|Debtors|||27,&59||27,859|39,952|
|Cash at|bank||19,415||19,415|19,810|
||||47/74||47,274|59,762|
|CREDITORS|||||||
|Amounts|SLiling due within one year|7|(12,000)||(12,000)|{6,000)|
||||35@74||35@74|53,762|
|TOTAL|ASSETSLESSCURRENT||||||
|LIABIMmS|||694,458||694,458|807,095|
|NETASSBTS|||694,458||694,458|807,095|
|FUNDS|||||||
|Unrestricted<br>funds|||||694,458|807,095|
|TOTAL|FUNDS||||694,458|&07,095|





## 

## 

## 

## 

## 

## 

## 




## 

## 

## 

|TRUSTEBS'EXPENSES<br>Reimbursed<br>expenses to trustees amounted<br>to$1,732(2018:f1,541)|TRUSTEBS'EXPENSES<br>Reimbursed<br>expenses to trustees amounted<br>to$1,732(2018:f1,541)|||
|---|---|---|---|
|CXlMPARATJVES FORTHBSTATEMERI'OF FINANCIAL ACXIVHXBS||||
||Unrestricted|Restricted|Total|
||Ibnds|fund|fonds|
|INCOMB AND ENDOWMENTS FROM||||
|Donations and legacies|7,962||7,962|
|Investment<br>income|23,707||23,707|
|Total|31,669||31,669|
|190%NDITURE ON||||
|Charitable<br>aetivMea||||
|Grants paid|24,629||24,629|
|Christmas<br>grants|1,050||1,050|
|Travel expenses|1732||1,732|
||6,316||6,316|
|Total|33727||33.727|
|Net gains on investments|15,3&7||15,387|
|NBTINCOME|13,329||13@29|
|RECONCILIATION OFFUNDS||||
|Total funda brought fitrvnnl|793,766||793,766|
|TOTAL FUNDS CARRIED FORWARD|807,095||807,095|





## 

## 

||h96IKETVALUB|||||
|---|---|---|---|---|---|
||At 1October 2019||||753,333|
||Revaluations||||(94,149)|
||At 30Soptombor 2020||||659,1$4|
||NETBOOKVALUE|||||
||At30September 2020||||659,184|
||At 30September 2019||||753/33|
||There vere no investment|assets outside the UK.||||
|6.|DEBTORS:AMOUNTS FALUNG DUEWZBilN ONE YEAR|||||
|||||2020|2019|
||Other debtors||||1|
||Loans rope)%bio|||24@06|34,745|
||Prepayments<br>and accrued income|||3,653|5,206|
|||||27,859|39@52|
|7.|CREDlTORS: AMOUNTS FALLING DUEWITEIIN ONEYEAR|||||
|||||2020|2019|
||||||E|
||Other crcdltofs|||12,000|6,000|
|||||Net||
|||||movement|At|
||||1.10.19|m funds|30.9.20|
||Uarestrict¹i funds|||||
||Resorve Fund||6~8||6,248|
||Accumulated<br>Income Fund||357,987|(1$,4$7)|339,500|
||Investment<br>Reserve||442,860|(94,150)|348,710|
||||807,095|(112,637)|694,458|
||||807,095|(112,637)|694,458|





## 

## 

|||||||Gains and||
|---|---|---|---|---|---|---|---|
|||||||losses||
|||||||f.||
|Unrestricted||Suuh||||||
|Accumulated||Income|Fund|25,088|(43,575)||(18,487)|
|Invcstlnent|Rcscrvc|||||{94,150)|(94,150)|
|||||25,088|(43,575)|(94,150)|(112,637)|
|||||25,088|(43,575)|(94,150)|(112,637)|



|||||At|
|---|---|---|---|---|
|||1.10.18||30.9.19|
|Unrestricted|fhnds||||
|Reserve Fund||6/48||6PAB|
|Accumulated|Income Fund|360,045|{2,058)|357,987|
|Investment<br>Reserve||427,473|15@87|442,860|
|||793,766|13/29|807,095|
|TOTAL FUNDS||793,766|13,329|807,095|



|||||Incoming||Gains and|Movement|
|---|---|---|---|---|---|---|---|
|||||resources||losses|in thuds|
|Umestricted||Smda||||||
|Accumulated||Income|Fund|31,669|(33,727)||(2,058)|
|Investment|Reserve|||||15/&7|]5/&7|
|||||31,669|(33,727)|15@&7|13,329|
|||||31,669|(33,727)|15,387|13,329|





## 

## 



## 

|||MEDICAL RESEARCH COUNCIL STAPF<br>BENBVOIZNT FUND ASSOCIATION|||
|---|---|---|---|---|
|||Detsdied Statement ofPiaaadd Activities|||
|||ibrthe year ended 30Septcsnlrer 2020|||
||||2020|2019|
|INCOME AND ZNDOWmxrS|||||
|Donations and legacies|||||
|Donations|||5,0&9|7,962|
|hrvestment<br>income|||||
|Dividends|||19,980|23,668|
|Deposit account interest|||19|39|
||||19P99|23,707|
||||25,088|31,669|
|Charitable<br>activihes|||||
|Travel expenses|||1,18&|1,732|
|Grants to individuals|||36,065|25,679|
||||37,253|27,411|
|Support costs|||||
|Management|||||
|Insurance||||311|
|Governance<br>costs|||||
|Auditors'<br>remuneration|||6,000|6,005|
|Total resources expended|||43,575|33.727|
|Net espemHture<br>behre|gahi and lossce||(1&,4&7)|(2,058)|
|Rsalised recognised Ndns and losses|||||
|Realised gains/(losses)|on fixed asset|investments||(2@19)|
||||(1&,487)|(4,277)|