| Contents | Page | |
|---|---|---|
| Reference | and Administrative Details |
|
| Trustees' | Annual Report |
|
| Independent Examiner's Report |
||
| Statement | of Financial Activities | |
| Balance Sheet | ||
| Notes to | the Financial Statements |
| Registered | Charity Name | The Royal Free London | The Royal Free London | Nurses | Nurses | and | Midwives Trust | Midwives Trust |
|---|---|---|---|---|---|---|---|---|
| Charity Number | 234902 | |||||||
| Principal OIBce | Clothworkers' | Hall | ||||||
| Dunster Court | ||||||||
| Mincing Lane | ||||||||
| LONDON | ||||||||
| EC3R 7AH | ||||||||
| Trustees | A Chamberlain | |||||||
| H Gyory | ||||||||
| C D Hill | ||||||||
| T R H Lodge (Chairman) | (resigned | I | July 2021) | |||||
| LJ Mattin | ||||||||
| M M Maxfield | ||||||||
| Prof S H Powis | (Chairman) | (appointed | I July 202I) | |||||
| Dr C P R Skinner | ||||||||
| Secretary to the Trustees | PJ Graham | |||||||
| Independent | Examiner | Andrew Broome |
||||||
| Haysmacintyre | LLP | |||||||
| 10Queen Street Place | ||||||||
| LONDON | ||||||||
| EC4R IAG | ||||||||
| Bankers | Barclays Bank Pic | |||||||
| Harrow 9 | ||||||||
| LEICESTER | ||||||||
| LE87 2BB | ||||||||
| Investment | Managers | Bordier BCie (UK) Pic | ||||||
| 23 King Street | ||||||||
| LONDON | ||||||||
| SW IY6QY |
| For t | he | year end | ed 3 I J | uly 202 I | |||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Note | 6 | 6 | |||||
| INCOME | |||||||
| Cash donations | 50 | ||||||
| Donations in kind |
8 | 7,651 | 7,460 | ||||
| Income from investments | 2 | 21,801 | 24,198 | ||||
| TOTAL INCOME | 29,502 | 31,658 | |||||
| EXPENDITURE | |||||||
| Raising funds —investment | management | costs | (2,161) | (6,112) | |||
| Expenditure on charitable |
activities | 3 | (23,022) | (25,732) | |||
| Cost ofservices donated | by the Worshipful | Company | of | (7,651) | (7,460) | ||
| Cordwainers | |||||||
| TOTAL EXPENDITURE | (32,834) | ~39,3tt4 | |||||
| NET EXPENDITURE | BEFORE (LOSSES)/GAINS ON | (3,332) | (7,646) | ||||
| INVESTMENTS | |||||||
| Realised gains/(losses) on |
investments | 10,736 | (8,847) | ||||
| Change in market value ofinvestments |
6 | 107,854 | (46,113) | ||||
| NET MOVEMENT IN |
FUNDS FOR THE YEAR | 115,258 | (62,606) | ||||
| Total funds brought forward |
1,013,784 | 1,076,390 | |||||
| TOTAL FUNDS CARRIED FORWARD | I,129,042 | 1,013,784 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Note | 8 | |||
| FIXEDASSETS | ||||
| Investments | 6 | I 126044 | 1,008,301 | |
| CURRENT ASSETS | ||||
| Cash at bank | 27,907 | 32,985 | ||
| CREDITORS: amounts | falling due within one year | 7 | (24,909) | (27,502) |
| NET CURRENT ASSETS | 2,998 | 5,483 | ||
| TOTAL ASSETS LESSCURRENT LIABILITIES | 1,129,042 | 1,013,784 | ||
| TOTAL NET ASSETS | 1,129,042 | 1,013,784 | ||
| FUNDS | ||||
| Unrestricted income funds |
1,129,042 | 1,013,784 | ||
| TOTAL FUNDS | 1,129,042 | 1,013,784 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| 6 | 6 | |||||
| Bank and other interest | receivable | 5 | ||||
| Dividends from fixed asset investments |
21,801 | 24,193 | ||||
| 21,801 | 24,198 | |||||
| 3 | EXPENDITURE ON | CHARITABLE ACTIYITES | ||||
| 2021 | 2020 | |||||
| Note | 6 | |||||
| Gra.nts | 21,767 | 24,595 | ||||
| Support costs | 4 | 1,255 | 1,137 | |||
| 23,022 | 25,732 | |||||
| 4 | SUPPORT | COSTS | ||||
| 2021 | 2020 | |||||
| Independent | Examiner's | fee | 1,080 | 950 | ||
| Accountancy | fees | 175 | 187 | |||
| 1,255 | 1,137 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| 6 | ||||
| Cost | or valuation | |||
| As at | I August | 943,195 | 1,004,468 | |
| Purchases | 255,430 | 377,589 | ||
| Disposals | (201,243) | (392,749) | ||
| Change in market |
value | 107,854 | (46,113) | |
| As at | 31 July | 1,105,236 | 943,195 | |
| Cash | held for investment | 20,808 | 65,106 | |
| Total | investment | value as at 31 July | 1,126,044 | 1,008,301 |
| 2021 | 2020 | |
|---|---|---|
| 6 | ||
| Accruals | 3,142 | 2,907 |
| Grant accrual | 21,767 | 24,595 |
| 24,909 | 27,502 |