| Page | |||
|---|---|---|---|
| Rcport ofthc Trustccs | I | to | 5 |
| Indcpcndcnt Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Financial Statements | 9 | to | 15 |
| Dctailcb Statement ofFinancial Activities |
| 31/3/23 | 31/3/22 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Totnl | Total | ||||
| fund | tiind | funds | funds | ||||
| Notes | 6 | ||||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
1,566 | 1,566 | 13,383 | ||||
| Charitable activities |
|||||||
| Advancement ofscientific rcscarch |
69&162 | 69&162 | 58,539 | ||||
| In vest ment income |
45 | ||||||
| Total | 70,773 | 70,773 | 71,927 | ||||
| EXPENDITURE ON | |||||||
| Cliaritable activities |
|||||||
| Advancement ofscientific research |
66,690 | 66,690 | 71,911 | ||||
| Nct gains/(losses) on investnicnts |
(3,069) | (3,069) | 5.594 | ||||
| NETINCOME | 1,014 | 1,014 | 5,6(0 | ||||
| RECONCILIATION | OFFUNDS | ||||||
| Total funds brought forward |
407,008 | 13,333 | 420,341 | 414,731 | |||
| TOTAL FUNDS CARRIED FORWARD | 408,022 | 13,333 | 421855 | 420,341 |
| 31/3/23 | 31/3/22 | ||||
|---|---|---|---|---|---|
| Unrcstrictcd | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | 5 | 5 | f. | ||
| FIXEDASSETS | |||||
| Tangible assets | 476 | 476 | 635 | ||
| Investmcnfs | 33,832 | 33&832 | 36,901 | ||
| 34,308 | 34408 | 37,536 | |||
| CURRENT ASSETS | |||||
| Debtors | 10 | 52,463 | 52,463 | 9,237 | |
| Cash at bank | 338,114 | 13333 | 351,447 | 390,168 | |
| 390477 | 13333 | 403,910 | 399,405 | ||
| CREDITORS | |||||
| Amounts falling due within onc year |
(16,863) | (16,863) | (16,600) | ||
| NET CURRENT ASSETS | 373,714 | (3)333 | 387,047 | 382,805 | |
| TOTAL ASSETSLESSCURRKI4T | |||||
| LIABILITIES | 408)022 | 13)333 | 421355 | 420,341 | |
| NET ASSETS | 408,022 | 13,333 | 42(855 | 420,341 | |
| FUNDS | 12 | ||||
| Unrestricted funds |
408,022 | 407,008 | |||
| Rcstrictcd funds | 13,333 | 13,333 | |||
| TOTAL FUNDS | 421855 | 420,341 |
| INVESTMKNT | INVESTMKNT | INCOME | INCOME | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 31/3/23 | 3I/3/22 | ||||||||
| 6 | |||||||||
| Deposit account | interest | 45 | 5 | ||||||
| INCOME FROM CHARITABLE ACTIVITIES | |||||||||
| 31/3/23 | .3I/3/22 | ||||||||
| Activity | f | 5 | |||||||
| Subscriptions | Advancement | ofscientific research | 20&397 | 21,382 | |||||
| Tutorial and ASM income |
Advancement | ofscientific research | 1,553 | ||||||
| Journal royahies | Advancement | ofscientific research | 43,226 | 37,157 | |||||
| Confercncc income | Advancement | ofscientific rcscarch | 3,986 | ||||||
| 69,162 | 58,539 | ||||||||
| 4. | CHARITABLE ACTIVITIES COSTS | ||||||||
| Support | |||||||||
| Direct | costs (see | ||||||||
| Costs f |
note 5) 5 |
Totalsf | |||||||
| Advanccmcnt | ofscientific research | 36,131 | 30,559 | 66,690 | |||||
| SUPPORT COSTS | |||||||||
| Oovcrnancc | |||||||||
| Managcmcnt | cos'Is | Totals | |||||||
| f. | 5 | f | |||||||
| Advanccmcnt | ofscientific research | 27,619 | 2,940 | 30,559 | |||||
| Support costs, included | in thc above, arc as follows: | ||||||||
| 31/3/23 | 3 I/3/22 | ||||||||
| Advancement | |||||||||
| of | |||||||||
| scieniilic | Total | ||||||||
| rcscarch f |
activities | ||||||||
| Office costs | 3,140 | 5,072 | |||||||
| Travel | (198) | 1,697 | |||||||
| Administration | costs | 24,000 | 24,120 | ||||||
| Subscriptions | 384 | 384 | |||||||
| Depreciation | oftangible | assets | 159 | 212 | |||||
| Interest payable | and similar charges | 134 | 133 | ||||||
| Independent | Examiner's | Fcc | 29940 | 2,940 | |||||
| 30,559 | 34458 |
| 31/3/23 | 31/3/22f | |||
|---|---|---|---|---|
| Independent | Examiner's | Fee | 2,940 | 2,940 |
| Webshe | Plant and | Computer | |||
|---|---|---|---|---|---|
| development | machinery | equipment | Totals | ||
| E | 5 | 5 | f. | ||
| COST | |||||
| At | I April 2022 and 31 March 2023 | 17,626 | 6339 | 524 | 24,489 |
| I?EPRECIATION | |||||
| At | 1 April 2022 | 17,626 | 5,704 | 23,854 | |
| Charge for year | 159 | 159 | |||
| At | 31 March 2023 | 17,626 | 5,863 | 524 | 24,013 |
| NKT BOOK VALUE | |||||
| At | 31 March 2023 | 476 | 476 | ||
| At | 31 March 2022 | 635 | 635 |
| Listed | |||||
|---|---|---|---|---|---|
| invcstmcnts | |||||
| MARKET VALUE | |||||
| At I April 2022 |
36,901 | ||||
| Revaluations | (3,069) | ||||
| At 31March 2023 | 33,832 | ||||
| NET BOOK VALUE | |||||
| At 31 March 2023 | 33,832 | ||||
| At 31 March 2022 | 36,901 | ||||
| There werc no invcstmcnt | assets | outside the UK. | |||
| Cost or valuation at 31 March 2023 is rcprcscntcdby: |
|||||
| Listed | |||||
| invcstmcnts | |||||
| 6 | |||||
| Valuation in 2023 |
33,832 | ||||
| The market value is represented | by the quoted market price at 31stMarch 2023, | ||||
| 10. | DKBTORSt AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||
| 31/3/23 | 31/3/22 | ||||
| 8 | 6 | ||||
| Accrued royalty income |
52&463 | 9,237 | |||
| 11. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 31/3/23 'f |
31/3/22 | ||||
| Accruals and deferred income | 6,769 | 6,526 | |||
| Prepaid subscriptions | 10,094 | 10.074 | |||
| 16,863 | 16,600 |
| Net | |||||
|---|---|---|---|---|---|
| movcmcnt | At | ||||
| At 1.4.22 | in funds | 31.3.23 | |||
| f. | f | f | |||
| Unrestricted | funds | ||||
| General fund |
407,008 | l,oi4 | 408,022 | ||
| Restricted funds | |||||
| Mina Dcsai Award | 13333 | 13433 | |||
| TOTAL I UNDS | 420341 | 1,014 | 421455 | ||
| Nct movemcnt | in funds, included | in the above are as follows: | |||
| Incoming | Resources | Gains and. | Movcmcnt | ||
| resources | expended f |
losses | in funds E |
||
| Unrcstrictcd | funds | ||||
| General fund |
70,773 | (66,690) | (3,069) | 1,014 | |
| TOTAL FUNDS | 70,773 | (66,690) | (3,069) | 11014 |
| Nct | ||||
|---|---|---|---|---|
| movcmcnt | At | |||
| At 1.4.21 | in funds | 31.3.22 | ||
| 6 | 6 | f. | ||
| Unrestricted | funds | |||
| Gcncmlfund | 414,731 | (7,723) | 407.008 | |
| Restricted funds | ||||
| Mine Desai | Award | 13,333 | 13,333 | |
| TOTAL FUNDS | 414,731 | 5,610 | 420,341 |
| Incoming | Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|---|
| fcsolllccs E |
cxpcnded f |
losses f |
in funds E |
||
| Unrestricted funds |
|||||
| General lund |
58,594 | (71,911) | 5,594 | (7,723) | |
| Rcstrictcd funds | |||||
| Mine Dcsai Award | 13,333 | 13,333 | |||
| TOTAL FUNDS | 71,927 | (71,911) | 5,594 | 5,610 | |
| Acurrent year 12months and prior year 12months combined | position | is as follows: | |||
| Net | |||||
| movcmcnt | At | ||||
| At 1.4.21 | in funds | 31.3.23 | |||
| f | E | f | |||
| Unrcstrictcd funds |
|||||
| General fund | 414,731 | (6,709) | 408,022 | ||
| Rcstrictcd funds | |||||
| Mine Dcsai Award | 13,333 | 13,333 | |||
| TOTALFUNDS | 414,731 | 6,624 | 421,355 |
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | in funds | |
| E | E | E | ||
| Unrestricted funds |
||||
| General fund | 129,367 | (138,601) | 2,525 | (6,709) |
| Restricted funds | ||||
| Mine Desai Award | 13,333 | 13,333 | ||
| TOTAL FUNDS | 142,700 | (138,601) | 2,525 | 6,624 |
| Page | |||
|---|---|---|---|
| Rcport ofthc Trustccs | I | to | 5 |
| Indcpcndcnt Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Financial Statements | 9 | to | 15 |
| Dctailcb Statement ofFinancial Activities |
| 31/3/23 | 31/3/22 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Totnl | Total | ||||
| fund | tiind | funds | funds | ||||
| Notes | 6 | ||||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
1,566 | 1,566 | 13,383 | ||||
| Charitable activities |
|||||||
| Advancement ofscientific rcscarch |
69&162 | 69&162 | 58,539 | ||||
| In vest ment income |
45 | ||||||
| Total | 70,773 | 70,773 | 71,927 | ||||
| EXPENDITURE ON | |||||||
| Cliaritable activities |
|||||||
| Advancement ofscientific research |
66,690 | 66,690 | 71,911 | ||||
| Nct gains/(losses) on investnicnts |
(3,069) | (3,069) | 5.594 | ||||
| NETINCOME | 1,014 | 1,014 | 5,6(0 | ||||
| RECONCILIATION | OFFUNDS | ||||||
| Total funds brought forward |
407,008 | 13,333 | 420,341 | 414,731 | |||
| TOTAL FUNDS CARRIED FORWARD | 408,022 | 13,333 | 421855 | 420,341 |
| 31/3/23 | 31/3/22 | ||||
|---|---|---|---|---|---|
| Unrcstrictcd | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | 5 | 5 | f. | ||
| FIXEDASSETS | |||||
| Tangible assets | 476 | 476 | 635 | ||
| Investmcnfs | 33,832 | 33&832 | 36,901 | ||
| 34,308 | 34408 | 37,536 | |||
| CURRENT ASSETS | |||||
| Debtors | 10 | 52,463 | 52,463 | 9,237 | |
| Cash at bank | 338,114 | 13333 | 351,447 | 390,168 | |
| 390477 | 13333 | 403,910 | 399,405 | ||
| CREDITORS | |||||
| Amounts falling due within onc year |
(16,863) | (16,863) | (16,600) | ||
| NET CURRENT ASSETS | 373,714 | (3)333 | 387,047 | 382,805 | |
| TOTAL ASSETSLESSCURRKI4T | |||||
| LIABILITIES | 408)022 | 13)333 | 421355 | 420,341 | |
| NET ASSETS | 408,022 | 13,333 | 42(855 | 420,341 | |
| FUNDS | 12 | ||||
| Unrestricted funds |
408,022 | 407,008 | |||
| Rcstrictcd funds | 13,333 | 13,333 | |||
| TOTAL FUNDS | 421855 | 420,341 |
| INVESTMKNT | INVESTMKNT | INCOME | INCOME | ||||||
|---|---|---|---|---|---|---|---|---|---|
| 31/3/23 | 3I/3/22 | ||||||||
| 6 | |||||||||
| Deposit account | interest | 45 | 5 | ||||||
| INCOME FROM CHARITABLE ACTIVITIES | |||||||||
| 31/3/23 | .3I/3/22 | ||||||||
| Activity | f | 5 | |||||||
| Subscriptions | Advancement | ofscientific research | 20&397 | 21,382 | |||||
| Tutorial and ASM income |
Advancement | ofscientific research | 1,553 | ||||||
| Journal royahies | Advancement | ofscientific research | 43,226 | 37,157 | |||||
| Confercncc income | Advancement | ofscientific rcscarch | 3,986 | ||||||
| 69,162 | 58,539 | ||||||||
| 4. | CHARITABLE ACTIVITIES COSTS | ||||||||
| Support | |||||||||
| Direct | costs (see | ||||||||
| Costs f |
note 5) 5 |
Totalsf | |||||||
| Advanccmcnt | ofscientific research | 36,131 | 30,559 | 66,690 | |||||
| SUPPORT COSTS | |||||||||
| Oovcrnancc | |||||||||
| Managcmcnt | cos'Is | Totals | |||||||
| f. | 5 | f | |||||||
| Advanccmcnt | ofscientific research | 27,619 | 2,940 | 30,559 | |||||
| Support costs, included | in thc above, arc as follows: | ||||||||
| 31/3/23 | 3 I/3/22 | ||||||||
| Advancement | |||||||||
| of | |||||||||
| scieniilic | Total | ||||||||
| rcscarch f |
activities | ||||||||
| Office costs | 3,140 | 5,072 | |||||||
| Travel | (198) | 1,697 | |||||||
| Administration | costs | 24,000 | 24,120 | ||||||
| Subscriptions | 384 | 384 | |||||||
| Depreciation | oftangible | assets | 159 | 212 | |||||
| Interest payable | and similar charges | 134 | 133 | ||||||
| Independent | Examiner's | Fcc | 29940 | 2,940 | |||||
| 30,559 | 34458 |
| 31/3/23 | 31/3/22f | |||
|---|---|---|---|---|
| Independent | Examiner's | Fee | 2,940 | 2,940 |
| Webshe | Plant and | Computer | |||
|---|---|---|---|---|---|
| development | machinery | equipment | Totals | ||
| E | 5 | 5 | f. | ||
| COST | |||||
| At | I April 2022 and 31 March 2023 | 17,626 | 6339 | 524 | 24,489 |
| I?EPRECIATION | |||||
| At | 1 April 2022 | 17,626 | 5,704 | 23,854 | |
| Charge for year | 159 | 159 | |||
| At | 31 March 2023 | 17,626 | 5,863 | 524 | 24,013 |
| NKT BOOK VALUE | |||||
| At | 31 March 2023 | 476 | 476 | ||
| At | 31 March 2022 | 635 | 635 |
| Listed | |||||
|---|---|---|---|---|---|
| invcstmcnts | |||||
| MARKET VALUE | |||||
| At I April 2022 |
36,901 | ||||
| Revaluations | (3,069) | ||||
| At 31March 2023 | 33,832 | ||||
| NET BOOK VALUE | |||||
| At 31 March 2023 | 33,832 | ||||
| At 31 March 2022 | 36,901 | ||||
| There werc no invcstmcnt | assets | outside the UK. | |||
| Cost or valuation at 31 March 2023 is rcprcscntcdby: |
|||||
| Listed | |||||
| invcstmcnts | |||||
| 6 | |||||
| Valuation in 2023 |
33,832 | ||||
| The market value is represented | by the quoted market price at 31stMarch 2023, | ||||
| 10. | DKBTORSt AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||
| 31/3/23 | 31/3/22 | ||||
| 8 | 6 | ||||
| Accrued royalty income |
52&463 | 9,237 | |||
| 11. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 31/3/23 'f |
31/3/22 | ||||
| Accruals and deferred income | 6,769 | 6,526 | |||
| Prepaid subscriptions | 10,094 | 10.074 | |||
| 16,863 | 16,600 |
| Net | |||||
|---|---|---|---|---|---|
| movcmcnt | At | ||||
| At 1.4.22 | in funds | 31.3.23 | |||
| f. | f | f | |||
| Unrestricted | funds | ||||
| General fund |
407,008 | l,oi4 | 408,022 | ||
| Restricted funds | |||||
| Mina Dcsai Award | 13333 | 13433 | |||
| TOTAL I UNDS | 420341 | 1,014 | 421455 | ||
| Nct movemcnt | in funds, included | in the above are as follows: | |||
| Incoming | Resources | Gains and. | Movcmcnt | ||
| resources | expended f |
losses | in funds E |
||
| Unrcstrictcd | funds | ||||
| General fund |
70,773 | (66,690) | (3,069) | 1,014 | |
| TOTAL FUNDS | 70,773 | (66,690) | (3,069) | 11014 |
| Nct | ||||
|---|---|---|---|---|
| movcmcnt | At | |||
| At 1.4.21 | in funds | 31.3.22 | ||
| 6 | 6 | f. | ||
| Unrestricted | funds | |||
| Gcncmlfund | 414,731 | (7,723) | 407.008 | |
| Restricted funds | ||||
| Mine Desai | Award | 13,333 | 13,333 | |
| TOTAL FUNDS | 414,731 | 5,610 | 420,341 |
| Incoming | Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|---|
| fcsolllccs E |
cxpcnded f |
losses f |
in funds E |
||
| Unrestricted funds |
|||||
| General lund |
58,594 | (71,911) | 5,594 | (7,723) | |
| Rcstrictcd funds | |||||
| Mine Dcsai Award | 13,333 | 13,333 | |||
| TOTAL FUNDS | 71,927 | (71,911) | 5,594 | 5,610 | |
| Acurrent year 12months and prior year 12months combined | position | is as follows: | |||
| Net | |||||
| movcmcnt | At | ||||
| At 1.4.21 | in funds | 31.3.23 | |||
| f | E | f | |||
| Unrcstrictcd funds |
|||||
| General fund | 414,731 | (6,709) | 408,022 | ||
| Rcstrictcd funds | |||||
| Mine Dcsai Award | 13,333 | 13,333 | |||
| TOTALFUNDS | 414,731 | 6,624 | 421,355 |
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | in funds | |
| E | E | E | ||
| Unrestricted funds |
||||
| General fund | 129,367 | (138,601) | 2,525 | (6,709) |
| Restricted funds | ||||
| Mine Desai Award | 13,333 | 13,333 | ||
| TOTAL FUNDS | 142,700 | (138,601) | 2,525 | 6,624 |