2022-12-31-accounts

FINANCIAL STATEMENTS FOR THE YEAR ENDED	FINANCIAL STATEMENTS FOR THE YEAR ENDED	FINANCIAL STATEMENTS FOR THE YEAR ENDED	FINANCIAL STATEMENTS FOR THE YEAR ENDED	31STDECEMBER 2022	31STDECEMBER 2022
CONTENTS AND COMPANY INFORMATION
CONTENTS:						PAGE
Directors'	Report					1-3
Auditors'	report					4-6
Statement	ofFinancial	Activities
Balance	Sheet
Statement	ofCash Flows
Notes to	the Financial	Statements				10 - 15
DIRECTORS;			EBaker (Chair)
			S Zlotowttz
			EAndrews
			EKenway
			JBeswick
			RLuff
SECRETARY:			A Jarrett
REGISTERED OFFICE:			YPiss
			Machynl1eth
			Powys
			SY20 8ER
REGISTRATION NUMBER;			1112242
CHARITY NUMBER:			266446
BANKERS. '			The Co-operative		Bank
			PO Box200
			Delf House
			Southway
			Skelmersdale
			WN8 6GH
AUDITORS:			Prentis 8s	Co LLP
			Chartered	Accountants
			& Statutory Auditors
			115cMilton Road
			Cambridge
			CB4 IXE

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				2021
FIXEDASSETS
Tangible assets			2,344		3,088
CURRENT ASSETS
Debtors		29,322		14,605
Cash at bank and in hand		68,359		77,249
Total Current Assets		97,681		91,854
LIABILITIES
Creditors: amounts falling due
within one year		6,690
Net Current Assets			90 rr91		78,169
NET ASSETS			93,335		81,257
THE FUNDS OF THE CHARITY
Unrestrioted Income funds	11		83372		76,970
Restl icted income funds	17.		10,063		4387
TOTAL FUNDS			93,335		81,257

							Notes	2022	2021
Cash flows from operating	activities:
Net cash (used by)/provided	by	operating	activities				13	(8,116)	9,038
Cash flows from investing	activities:
Purchase ofproperty, plant	and	equipment						(774)	(2,604)
Net cash provided by investing		activities						(774)	(2,604)
Change in cash and cash equivalents in			the	reporting	period			(8,890)	6,434
Cash and cash equivalents	at	the beginning		ofthe reporting		period		77,249	70,815
Cash and cash equivalents	at	the end ofthe		reporting	period			68,359	77,249

DONATIONS						Unrestricted	Restricted	Total
- Current Year						2022	2022	2022
								6
Grants received	during			the year
Jam Today						17,500		17,500
Joseph Rowntree		Charitable			Trust	51,667		51,667
Campaign Bootcamp						5,000		5,000
Banow Cadbury							13,500	13,500
Erasmus						11,056		11,056
Paul Hamlyn	Foundation					50,000		50,000
Network for Social			Change				7,202	7,202
GSCC							2,658	2,658
						135,223	23,360	158,583
Donations received		during the			year	60		40
						135,283	23,360	158,643
						Unrestricted	Resn Icttst	Total
-Prior Year						2021	2021	2021
Grants received	during			the year
JRS						1,033		1,033
1970Trust						5,000		5,000
Jam Today						25,000		25,000
Joseph Rowntree		Charitable			Trust	50,668		50,668
Marmot Charitable			Trust			14,050		14,050
Polden Puckham		Charitable			Foundation	14,000		14,000
Friends Provident		Foundation					17,461	17,461
KR Foundation						(281)		(281)
Network for Social			Change				19,098	19,098
Powys County Council						1,000		1,000
Solbergg Foundation						15,000		15,000
GSCC							9,893	9,893
						125,470	46,452	171,922
Donations received		during the			year	40		40
						125,510	46,452	171,962
INCOME FROM CHARITABLE ACTIVITIES
						Unrestricted	Restricted	Total
Cunent Year						2022	2022	2022
						f.	6	f.
Commissioned	work					35,385		35,385
Book sales						123		123
Miscellaneous	income					189		189
						35,697		35,697
						Unrestricted	Restricted	Total
-Prior Yem						2021	2021	2021
Commissioned	work					26,353		26,353
Book sales						129		129
Miscellaneous	income					300		300
						26,782		26,782

EXPENDITURE	ON CHARITABLE	ON CHARITABLE	ON CHARITABLE	ON CHARITABLE		Unrestricted	Restricted	Total
ACTIVITIES -	Current	Year				2022	2022	2022
								f.
Research salaries	(note 6)					85,444	17,584	103,028
Research costs						50,050		50,050
Computer support						3,587		3,587
Travelling expenses						9,397		9,397
Telephone						652		652
Office rent and utilities						5,981		5,981
Stationery, oftice	supplies	and	printing			309		309
Subsistence and hospitality						915		915
Postage						125		125
Books, subscriptions etc.						495		495
Bank charges						94		94
Miscellaneous expenses						1,386		1,386
Depreciation						1,518		1,518
Seminar costs						80		80
Training						500		500
						160,533	17,584	178,117
GOVERNANCE	COSTS
Auditors remuneration						4,163		4,163
						164,696	17,584	182,280
EXPENDITURE	ON CHARITABLE					Unrestricted	Restricted	Total
ACTIVITIES -	Prior Year					2021	2021	2021
							f,
Profit on disposal						(430)		(430)
Research salaries	(note 6)					77,466	42,165	119,631
Research costs						48,987		48,987
Computer support						3,013		3,013
Travelling expenses						2,745		2,745
Telephone						463		463
Office rent and utilities						11,050		11,050
Stationery, office	supplies	and	printing			913		913
Subsistence and hospitality						1,037		1,037
Postage						177		177
Books, subscriptions etc.						505		505
Bank charges						87		87
Miscellaneous expenses						2,905		2,905
Depreciation						2,169		2,169
Training						675		675
						151,762	42,165	193,927
GOVERNANCE	COSTS
Auditors remuneration						4,939		4,939
						156,701	42,165	198,866
NET INCOME/(EXPENDITURE)				IiOR TITEYEAR			2022	2021
The net income/(expenditure)			for	the year is	stated afier charging:
Depreciation oftangible		fixed	assets owned		by the Charity		1,518	2,169
Audit fee							4,163	4,939

									2022	2021
Salaries									97,310	112,635
Social security and pension		costs							5,718	6,996
									103,028	119,631
The average weekly number		ofstaff employed		by	the Charity		during the	year was.
									2022	2021
Direct charitable workers									4	5
The key management	personnel ofthe charitable				company	comprise the		Trustees.
No employee received remuneration			ofmore	than	f30000.
TANGIBLE FIXEDASSETS									Fixtures
Current Year							Office	Computer	and
						Equipment		Equipment	Fittings	Total
COST									6
Balance at 1.1.22							8,589	11,778	3,698	24,065
Additions								774		774
Balance at 31.12.22							8,589	12,552	3,698	24,839
DEPRECIATION
Balance at 1.1.22							8,162	9,117	3,698	20,977
Charge for the year							281	1,237		1,518
Balance at 31.12.22							8,443	10,354	3,698	22,495
NET BOOK VALUE	at 31.12.22						146	2,198		2,344
									Fixtures
Prior Year							Office	Computer	air&i
						Equipment		Equipment	Fittings	Total
COST										f.
Balance at 1.1.21							8,589	9,174	3,698	21,461
Additions								2,604		2,604
Balance at 31.12.21							8,589	11,778	3,698	24,065
DEPRECIATION
Balance at 1.1.21							7,073	8,037	3,698	18,808
Charge for the year							1,089	1,080		2,169
Balance at31.12.21							8,162	9,117	3,698	20,977
NET BOOK VALUE at31.12.21							427	2,661		3,088
DEBTORS									2022	2021
									Due within	Due within
									one year	one year
Trade debtors									21,447	230
Prepayments									1,875	1,875
Other debtors									6,000	12,500
									29,322	14,605

CREDITORS	2022	2021
	Due within	Due within
	one year	one year
Trade creditors	712	6,917
Taxation and social security	2,668	1,943
Accruals	3,310	4,825
	6,690	13,685

MOVEMENTS OF FUNDS	MOVEMENTS OF FUNDS	MOVEMENTS OF FUNDS			2022	2022	2022
- Current Year					Unrestricttxt	Restricted	Total
							6
Balances brought	forward	at 1.1.22			76,970	4,287	81,257
Income					170,998	23,360	194,358
Expenditure					164,696	17,584	182,280
Balances carried	forward	at31.12.22			83,272	10,063	93,335
					2021	2021	2021
-Prior Year					Unrestricted	Restricted	Total
Balances brought	forward	at 1.1.21			81,373		81,373
Income					152,298	46,452	]98,750
Expenditure					156,701	42,]65	198,866
Balances carried	forward	at 31.12.21			76,970	4,287	81,257
RESTRICTED FUNDS			Funds				Funds
- Current Year			brought				carried
			forward	at	Grants		forward at
			1.1.22		Received	Expenditure	31.12.22
						f.
Barrow Cadbury					13,500	(6,093)	7,407
GSCC					2,658	(2,658)
Network for Social Change			4,287		7,202	(8,833)	2,656
			4,287		23,360	(17,584)	10,063
			Funds				Funds
Prior Year			brought				carried
			forward	at	Grants		forward at
			1.1.21		Received	Expenditure	31.]2.21
					f.
Friends Provident	Foundation				17,461	(17,461)
GSCC					9,893	(9,893)
Network for Social Change					19,098	(14,811)	4,287
					46,452	(42,165)	4,287

RECONCILIATION OF NE ACTIVITIES	T MOVEME	NT IN FUNDS TO NET CA	SH FLOW FROM OPERATIN	G
			2022	2021
Net movement in toads			12,078	(116)
Add back depreciation			1,518	2,169
(Increase)/decrease in debtors			(14,717)	4,143
(Decrease)/increase in creditors			(6,995)	2,842
Net cash/(used by) provided	by operating	activities	(8,116)	9,038