2021-03-31-accounts - Chichester Medical Education Centre

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								2021		2020
					Unrestricted		Restricted	Total		'Total
					funds		funds	funds		funds
				Notes
INCOME AND	ENDOWMENTS		FROM
Donations and legacies					7,838			7,838		138
Charitable activities
Medical centre					77,324			77,324		87,784
Investment income				3	67,680		17 108	84,788	.	88,671
Total					152,842		17,108	169,950		176,593
EXPENDITURE	ON
Raising funds							5,171	5,171		5,105
Charitable activities
Medical centre					71,052		3,360	74,412		107,889
Total					71,052		8,531	79,583		112,994
Net gains/(losses)	on investments				162668		47 273	209941		~95 423
NET INCOME/(EXPENDITURE)					244,458		55,850	300,308		(31,824)
RECONCILIATION		OF FUNDS
Total funds brought forward					2,992,927		305,521	3,298,448		3,330,272
TOTAL FUNDS	CARRIED FORWARD				3,237 385	.	361371	3 598756		3 298,448

				2021	2020
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes
FIXEDASSETS
Tangible assets	9	1,496,603		1,496,603	1,548,087
Investments
Investments	10	855,831	241,163	1,096,994	875,184
Investment property	11	628976		628 976	628 976
		2,981,410	241,163	3,222,573	3,052,247
CURRENT ASSETS
Debtors	12	98,431		98,431	5,348
Cash at bank		173,416	120 208	293,624	253591
		271,847	120,208	392,055	258,939
CREDITORS
Amounts falling due within one year	13	' (15,872)		(15,872)	(12,738)
NET CURRENT ASSETS		255 975	120208	376 183	246 201
TOTAL ASSETSLESSCURRENT
LIABILITIES		3,237,385	361,371	3,598,756	3,298,448
NET ASSETS		3 237385	361,371	3 598756	3 298448
FUNDS	14
Unrestricted funds				3,237,385	2,992,927
Restricted funds				361371	305 521
TOTAL FUNDS				3 598 756	3 298448

Long leasehold	in accordance with the lease
Fixtures and fittings	10~/o on cost
Dental equipment	10'/o on cost
Computer and office equipment	25/o on cost

	restricted funds	is shown under note 14to the financial statements.	is shown under note 14to the financial statements.
	DONATIONS	AND LEGACIES
				2021	2020
	Chichester District Council			7,438
	Undergraduate	account income		400	138
				~7838	138
	Grants received,	included	in the above, are as follows:
				2021	2020.
	Other grants			~7438
3.	INVESTMENT INCOME
				2021	2020
	Rents receivable			67,680	69,055
	Investment income-			17;038	19,281
	Bank interest receivable			70	335
				~84 788	~88 671

4.		INCOME FROM CHA	RITABLE ACTIVITIES
					2021	2020
					Medical	Total
					centre	activities
		Rent Equipment &maintenance Out ofhours supervisor Other, income	charge		76,402 882 40	72,026 5,158 2,454 8,146
					~77 324	87 784
5.	'	RAISING FUNDS
		Investment management	costs
					2021	2020
		Portfolio management			~5171	~5105
6.		CHARITABLE ACTIVITIES COSTS
					Support
				Direct	costs (see
				Costs	note 7)	Totals
		Medical centre		~71 052	~3360	~74 412
7.		SUPPORT COSTS
						Governance
						costs
		Medical centre				3,360

9.	TANGIBLE FIXEDASSETS	TANGIBLE FIXEDASSETS
							Computer
					Fixtures		and
				Long	and	Dental	office
				leasehold	fittings	equipment	equipment	Totals
	COST
	At 1st April 2020 and 31stMarch 2021		2	501930	226 722	39294,	42 774	2 810720
	DEPRECIATION
	At 1st April 2020		1,017,152		167;957	39,294	38,230	1,262,633
	Charge for year			44 667	4937		1 880	51484
	At 31st March 2021		1,061,819		172894	39294	40 110	1 314 117
	NET BOOK VALUE
	At 31stMarch 2021		1	440 111	53 828	-	2 664	1496603
	At 31stMarch 2020		1	484 778	58 765	-	4 544	1 548087
10.	FIXEDASSETINVESTMENTS
							Cash held
							as part
						Listed	of
						investments	portfolio	Totals
	MARKET VALUE
	At 1st April 2020					862,584	12,600	875,184
	Additions					241,519	235	241,754
	Disposals					(207,152)	(2,925)	(210,077)
	Revaluations					190133		190133
	At 31stMarch 2021					1 087084	9910	1096 994
	NET BOOK VALUE
	At 31st March 2021					1087 084	9910	1096 994
	At 31stMarch 2020					862 584	12600	875 184
	There were no investment	assets	outside the UK
	Cost or valuation at 31st	March	2021 isrepresented		by:
							Cash held
							as part
						Listed	of
						investments	portfolio	Totals
	Valuation in 2021					1,087,084		1,087,084
	Cost						9910	9910
						1 087084	9910	1,096994

	HISTORIC COST
	At 31stMarch 2021				984,217
	At 31st March 2020				920 706
	Investments that are individually	material	within the investment	portfolio are detailed as follows:
				2021	2020
	Vanguard Life Strategy 80%			129,256	100,312	'
	Van'guard Life Strategy 100%			133746	98 127
11.	INVESTMENT PROPERTY
	FAIR VALUE
	At 1st April 2020
	and 31st March 2021				628 976
	NET BOOK VALUE
	At 31stMarch 2021				628 976
	At 31stMarch 2020				628,976
	HISTORIC COST
	At 31stMarch 2021 .				476470
	At 31stMarch 2020				476 470

12.	DEBTORS:	A	MOUNTS	F	ALLING DUE WITHI	N ONE YEAR
							2021	2020
	Other debtors						93,311
	Prepayments	and accrued		income			~5120	~5348
							~98 431	.5,348
13.	CREDITORS:		AMOUNTS		FALLING DUE WITHIN ONE YEAR
							2021	2020
	Creditors						11,329	7,969
	Accruals and	deferred income					4,543	~4769
							~15 872	~12 738
14.	MOVEMENT IN FUNDS
							Net
							movemeat	At
						At 1.4.20	in funds	31.3.21
	Unrestricted	funds
	Designated - Endowment			fund		2,964,981	244,458	3,209,439
	Designated - Undergraduate				fund	27 946		27946
						2,992,927	244,458	3,237,385
	Restricted funds
	Asthma Day Centre					4,870	1,155	6,025
	Darren					19,959	4,733	24,692
	MFU					2,960	702	3,662
	Urology
						11,294	2,678	13,972
	RAP Scott Research					150,252	35,630	185,882
	Robert Hawkins					12,070	2,862	14,932
	Surgical					16,031	3,801	19,832
	Vascular					10,344	2,453	12,797
	Colorectal					7,179	1,702	8,881
	Charities funds		'			70,000		70,000
	Aneurysm					243	58	30-1-
	Simson					.319	76	395
						305 521	55 850	361371
	TOTAL FUNDS					3,298,448	300308	3,598,756

				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
Unrestricted		funds
Designated	- Endowment		fund	,152,842	(71,052)	162,668	244,458
Restricted funds
Asthma Day		Centre		354	(176)	977	1,155
Darren				1,450	(723)	4,006	4,733
MFU				215	(107)	594	702
Urology
				820	(409)	2,267	2,678
RAP Scott Research				10,914	(5,443)	30,159	35,630
Robert Hawkins				876	(437)	2,423	2,862
Surgical				1,164	(581)	3,218	3,801
Vascular				752	(375)	2,076	2,453
Colorectal				522	(260)	1,440	1,702
Aneurysm Simson				17 24	(8) ~12)	49 64	58 76
				17,108	8,531	47,273	55,850
TOTAL FUNDS				169950	~79 583)	209 94)	300 308

							Net
							tnovement	At
						At 1.4.19	in funds	31.3.20
	Unrestricted		funds
	Designated	-	Endowment	fund		2,967,414	(2,433)	2,964,981
	Designated	-	Undergraduate		fund	27 946		27 946
						2,995,360	(2,433)	2,992,927
	Restricted funds
	Asthma Day Darren .		Centre			5,155 36,740	(285) (16,781)	4,870 19,959
	MFU					3,133	(173)	2,960
	Urology
						11,955	(661)	11,294
	'RAP Scott Research					159,041	(8,789)	150,252
	Robert Hawkins					12,776	(706)	12,070
	Surgical					16,968	(937)	16,031
	Vascular					10,949	(605)	10,344
	Colorectal	'				. 7,599	(420)	7,179
	Charities funds					70,000		70,000
.	Aneurysm Simson					258 338	(15) ~)9)	243 319
						334912	29,391	305,521
	TOTAL FUNDS					3330272	~3) 824)	3298 448

				Incoming	Resources	Gains and	Movement
				resources	expended	losses	in funds
Unrestricted		funds
Designated	- Endowment		fund	156,977	(89,107)	(70,303)	(2;433)
Restricted funds
Asthma Day		Centre		393	(174)	(504)	(285)
Darren				2,206	(16,161)	(2,826)	(16,781)
MFU				239	(106)	(306)	(173)
Urology
				911	(404)	(1,168)	(661)
RAP Scott Research				12,136	(5,386)	(15,539)	(8,789)
Robert Hawkins				975	(433)	(1,248)	(706)
Surgical				1,296	(575)	(1,658)	(937)
Vascular				835	(370)	(1,070)	(605)
Colorectal				580	(257)	(743)	(420)
Aneurysm Simson				19 26	(9) ~12)	(25) ~33)	(15) ~)9)
				19616	~23,887	~25 120	~29,39)
TOTAL FUNDS				176593	~))2994)	~95 423)	~31 824)

			Net
			movement	At
		At 1.4.19	in funds	31.3.21
Unrestricted funds
Designated - Endowment Designated - Undergraduate	fund fund	2,967,414 27946	242,025	3,209,439 27946
		2,995,360	242,025	3,237,385'
Restricted funds
Asthma Day Centre Darren		5,155 36,740	870 (12,048)	6,025 24,692
MFU		3,133	529	3,662
Urology
		11,955	2,017	13,972
RAP.Scott Research		159,041	26,841	185,882
Robert Hawkins		12,776	2,156	14;932
Surgical Vascular		16,968 10,949	2,864 1,848	19,832 12,797
Colorectal		7,599	1,282	8,881
Charities funds		70,000		70,000
Aneurysm Simson		258 338	43 57	301 395
		334912	26459	361371
TOTAL FUNDS		3 330272	268 484	3 598756

				Incoming	Resources	'	Gains and	Movement
				resources	expended		losses,	in funds
							f,
Unrestricted		funds
Designated	-Endowment		fund	309,8 I'9	(160,159)		92,365	242,025
Restricted funds
Asthma Day		Centre		747	(350)		473	870
Darren				3,656	(16,884)		1,180	(12,048)
MFU				454	(213)		288	529
Urology
				1,731	(813)		14099	2,017
RAP Scott Research				23,050	(10,829)		14,620	26,841
Robert.Hawkins				1,851	(870)		1,175	2,156
Surgical				2,460	(1,156)		1,560	2,864
Vascular				1,587	(745)		1,006	1,848
Colorectal.				1,102	(517)		697	1,282
Aneurysm Simson				36 50	(17) ~24)		24 31	43 57
				36724	~32 418	.	22 153	26459
TOTAL FUNDS				346 543	~192577)		114518	268 484

			2021	2020
				f,
INCOME +ND ENDOWMENTS
Donations and legacies
Chichester District Council			7,438
Undergraduate account	income		400	.138
			7,838	138
Investment income
Rents receivable			67,680	69,055
Investment income			17,038	19,281
Bank interest receivable			70	335
			84,788	88,67.1
Charitable activities
Rent			76,402	72,026
Equipment &maintenance		charge	882	5,158
Out ofhours supervisor			40	2,454
Other income				8 146
			77 324	87 784
Total incoming resources			169,950	176,593
EXPENDITURE
Investment management		costs
Portfolio management			5,171	5,105
Charitable activities
Insurance			' 11,385	10,436
Telephone				. 152
Postage and stationery			56	500
Sundries			120	242
No description			394
Out ofhours supervisor			195	2,860
Repairs &maintenance			2,161	20,993
Postgraduate charities grants				15,182
Student accommodation	costs		5,256	6,548
Depreciation oftangible	fixed assets		. 51,485	47,376
			71,052	104,289
Support costs
Governance costs
Independent examination		fees	3,360	3,600

		2021	2020
Total resources expended		79 583	112994
Net income before gains and losses		90,367	63,599
Realised recognised	gains and losses
Realised gains/(losses)	on fixed asset investments	19809	6 956
Net income		110176	70,555