## 

## 

|||Page||
|---|---|---|---|
|Rcport ofthc Trustccs|I|to|5|
|Indcpcndcnt<br>Examiner's<br>Report||||
|Statement ofFinancial Activities||||
|Balance Sheet||||
|Notes to the Financial Statements|9|to|15|
|Dctailcb Statement<br>ofFinancial Activities||||





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|||||||31/3/23|31/3/22|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Totnl|Total|
|||||fund|tiind|funds|funds|
||||Notes|6||||
|INCOME AND ENDOWMENTS||FROM||||||
|Donations<br>and legacies||||1,566||1,566|13,383|
|Charitable<br>activities||||||||
|Advancement<br>ofscientific rcscarch||||69&162||69&162|58,539|
|In vest<br>ment<br>income||||45||||
|Total||||70,773||70,773|71,927|
|EXPENDITURE ON||||||||
|Cliaritable<br>activities||||||||
|Advancement<br>ofscientific research||||66,690||66,690|71,911|
|Nct gains/(losses)<br>on investnicnts||||(3,069)||(3,069)|5.594|
|NETINCOME||||1,014||1,014|5,6(0|
|RECONCILIATION|OFFUNDS|||||||
|Total funds brought<br>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<br>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<br>funds||||408,022|407,008|
|Rcstrictcd funds||||13,333|13,333|
|TOTAL FUNDS||||421855|420,341|








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## 



## 

## 

||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<br>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<br>f|note 5)<br>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<br>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<br>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<br>at 31 March 2023 is rcprcscntcdby:|||||
||||||Listed|
||||||invcstmcnts|
||||||6|
||Valuation<br>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<br>income|||52&463|9,237|
|11.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
|||||31/3/23<br>'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<br>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<br>f|losses|in funds<br>E|
|Unrcstrictcd|funds|||||
|General<br>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<br>E||cxpcnded<br>f|losses<br>f|in funds<br>E|
|Unrestricted<br>funds||||||
|General<br>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<br>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<br>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<br>Examiner's<br>Report||||
|Statement ofFinancial Activities||||
|Balance Sheet||||
|Notes to the Financial Statements|9|to|15|
|Dctailcb Statement<br>ofFinancial Activities||||





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## 

|||||||31/3/23|31/3/22|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Totnl|Total|
|||||fund|tiind|funds|funds|
||||Notes|6||||
|INCOME AND ENDOWMENTS||FROM||||||
|Donations<br>and legacies||||1,566||1,566|13,383|
|Charitable<br>activities||||||||
|Advancement<br>ofscientific rcscarch||||69&162||69&162|58,539|
|In vest<br>ment<br>income||||45||||
|Total||||70,773||70,773|71,927|
|EXPENDITURE ON||||||||
|Cliaritable<br>activities||||||||
|Advancement<br>ofscientific research||||66,690||66,690|71,911|
|Nct gains/(losses)<br>on investnicnts||||(3,069)||(3,069)|5.594|
|NETINCOME||||1,014||1,014|5,6(0|
|RECONCILIATION|OFFUNDS|||||||
|Total funds brought<br>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<br>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<br>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<br>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<br>f|note 5)<br>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<br>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<br>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<br>at 31 March 2023 is rcprcscntcdby:|||||
||||||Listed|
||||||invcstmcnts|
||||||6|
||Valuation<br>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<br>income|||52&463|9,237|
|11.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
|||||31/3/23<br>'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<br>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<br>f|losses|in funds<br>E|
|Unrcstrictcd|funds|||||
|General<br>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<br>E||cxpcnded<br>f|losses<br>f|in funds<br>E|
|Unrestricted<br>funds||||||
|General<br>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<br>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<br>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|





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