## # ## ## |Patron|Baroness Tanni Grey-Thompson|Baroness Tanni Grey-Thompson|DBE| |---|---|---|---| |Vice Presidents|The Rt Hon Baroness|Masham|of llton| ||Sir Evelyn de Rothschild||| ||Sir John Hannam||| ||Andrew
Farquhar||| |Trustees|Dr Renny Leach (Chair)||| ||Dr Paolo S Dasgupta||| ||Lady Frances Von Hofmannsthal||| ||Anji Hunter||| ||Dr Richard Lansdown||| ||Lord Colin Low of Dalston CBE||| ||John Milligan||| ||Dan Norris||| ||Dr Wendy Piatt||| ||Simon Preece||| |Chief Executive Officer|Helen Saelensminde||| |Charity number|282754||| |Principal address|Unit 18||| ||Oakhurst
Business Park||| ||Southwater||| ||Horsham||| ||West Sussex||| ||RH13 9RT||| |Auditors|Knill James LLP||| ||One Bell Lane||| ||Lewes||| ||East Sussex||| ||BN7 1JU||| |Bankers|National
Westminster|Bank Pic|| ||47 Carfax||| ||Horsham||| ||West Sussex||| ||RH12 1Y2||| ||CAF Bank Limited||| ||25 Kings
Hill Avenue||| ||Kings
Hill||| ||West Mailing||| ||Kent||| ||ME1g 4JQ||| ## ## ## ## |||Page| |---|---|---| |Trustees'
report||1-8| |Statement
ofTrustees'|responsibilities|| |Independent
auditor's|report|| |Statement
offinancial|activities|13| |Balance sheet||14| |Statement
ofcash flows||15| |Notes to the financial|statements|16-29| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Designated|Restricted|Endowment|Total|Total| |---|---|---|---|---|---|---|---|---| ||||funds|funds|funds|funds|2022|2021| |||Notes|E|E|E|E||E| |ilKQIQRXIQIK||||||||| |Donations
and||||||||| |legacies|||128,088|32|138,358||266,478|200,173| |Fundraising
events|||20,748||||20,748|8,012| |investments|||109,767||||109,767|107,517| |Total income|||258,603|32|138,358||396,993|315,702| |Raising funds|||60,533|607|||61,140|48,537| |Charitable
activities||6|248,271|160,349|114,104||522,724|507,335| |Total resources||||||||| |expended|||308,804|160,956|114,104||583,864|555,872| |Net (loss)/gain|on|||||||| |investments|||(6,065)|(18,026)|||(24,091)|310,811| |Net movement|in funds||(56,266)|(178,950)|24,254||(210,962)|70,641| |Fund balances|at 1|||||||| |May 2021|||364,891|2,210,071|22,601|293,621|2,891,184|2,820,543| |Fund balances|at|||||||| |30April 2022|||308,625|2,031,121|46,855|293,621|2,680,222|2,891,184| ## ## ## |||||2022||2021|| |---|---|---|---|---|---|---|---| ||||Notes|E||E|| |Fixed assets|||||||| |Tangible assets|||11||195,807||201,321| |Investments|||12||2,303,404||2,327,596| ||||||2,499,211||2,528,917| |Current assets|||||||| |Debtors||||24,216||23,133|| |Cash at bank and in||hand||361,972||600,023|| |||||386,188||623,156|| |Creditors:|amounts|falling due within|15||||| |one year||||(205,177)||(260,889)|| |Net current|assets||||181,011||362,267| |Total assets less current liabilities|||||2,680,222||2,891,184| |Capital funds|||||||| |Endowment|funds||17||293,621||293,621| |Income funds|||||||| |Restricted|funds||18||46,855||22,601| |Designated|funds||19||2,031,121||2,210,071| |Unrestricted|funds -|general|||308,625||364,891| ||||||2,680,222||2,891,184| ## ## ## |||||2022||2021|| |---|---|---|---|---|---|---|---| ||||Notes|f.||f|| |Cash flows from operating||activities|||||| |Cash absorbed
by operations|||22||(347,419)||(425,994)| |Investing|activities||||||| |Purchase|oftangible fixed assets|||(500)||(685)|| |Cash movements||||101||276|| |Investment|income received|||109,767||107,517|| |Net cash|generated
from investing||||||| |activities|||||109,368||107,108| |Net cash|used in financing|activities|||||| |Net decrease
in cash and||cash equivalents|||(238,051)||(318,886)| |Cash and|cash equivalents|at beginning|ofyear||600,023||918,909| |Cash and|cash equivalents|at end of|year||361,972||600,023| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||CCC||C4||||| |---|---|---|---|---|---|---|---|---|---| ||||40||CO
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f.| |Rental|income|15,800|15,646| |Income|from listed investments|93,944|91,789| |Interest|receivable|23|82| |||109,767|107,517| ## |||||||Unrestricted|Designated|Total|Total| |---|---|---|---|---|---|---|---|---|---| |||||||funds|funds|2022|2021| |||||||||f.|| |r isin||||h|r||||| |Fundraising|and publicity|||||8,804||8,804|24,066| |Staff costs||||||47,469||47,469|19,010| |Depreciation||and impairment||||596|607|1,203|1,182| |Support costs (see note 8)||||||3,664||3,664|4,279| |Fundraising||expenses|and other costs|||60,533|607|61,140|48,537| |For the year||ended 30April||2021|||||| |Fundraising||expenses|and other costs|||47,851|686||48,537| ## ## ## ||||2022|2021| |---|---|---|---|---| |Scholarships|awarded||154,932|249,901| |Grants payable (see||note 7)|190,658|111,750| ||||345,590|361,651| |Staff costs|||91,600|64,320| |Depreciation|and impairment||4,810|4,731| |Share ofsupport costs (see note 8)|||74,664|71,113| |Share ofgovernance||costs (see note 8)|6,060|5,520| ||||522,724|507,335| |Analysis
by fund||||| |Unrestricted|funds||248,271|182,624| |Designated|funds||160,349|254,632| |Restricted funds|||114,104|70,079| ||||522,724|507,335| ## ||||2022|2021| |---|---|---|---|---| ||||f|f.| |Grants|to|organisations|7,400|8,000| |Grants|to|individuals|183,258|103,750| ||||190,658|111,750| ## ## |8|Supportcosts|Supportcosts||||||| |---|---|---|---|---|---|---|---|---| ||||Support|Governance|Total|Support|Governance|Total| ||||costs|costs|2022|costs|costs|2021| ||||f|f||f.|f|f| ||Other costs (including|||||||| ||marketing,|administration||||||| ||and premises costs)||78,328||78,328|75,392||75,392| ||Audit fees|||6,060|6,060||5,520|5,520| ||||78,328|6,060|84,388|75,392|5,520|80,912| ||Analysed|between||||||| ||Fundraising||3,664||3,664|4,279||4,279| ||Charitable|activities|74,664|6,060|80,724|71,113|5,520|76,633| ||||78,328|6,060|84,388|75,392|5,520|80,912| ## ## |The average
monthly
number ofemployees
during
th|e year was:|| |---|---|---| ||2022|2021| ||Number|Number| |Charity staff||| |Employment
costs|2022
f|2021f| |Wages and salaries|126,512|78,214| |Social security costs|6,884|2,826| |Other pension costs|5,673|2,290| ||139,069|83,330| ## ## ## |11|Tangible fixed assets||||| |---|---|---|---|---|---| ||||Land &|Fixtures,|Total| ||||buildings|fittings
&|| ||||E|equipment
f|| ||Cost||||| ||At 1 May 2021||270,832|17,927|288,759| ||Additions|||500|500| ||At 30April 2022||270,832|18,427|289,259| ||Depreciation
and impairment||||| ||At 1 May 2021||70,418|17,020|87,438| ||Depreciation
charged|in the year|5,418|596|6,014| ||At 30April 2022||75,836|17,616|93,452| ||Carrying
amount||||| ||At 30April 2022||194,996|811|195,807| ||At 30April 2021||200,414|907|201,321| ## ## ## ## |||||||||2022|2021| |---|---|---|---|---|---|---|---|---|---| |||||||||f|| |Listed investments||||||||2,303,404|2,327,596| |Movements
in fixed asset||||investments|||||| |||||||||Securitiesf|Total
f| |Cost or valuation|||||||||| |At 1 May 2021||||||||2,327,596|2,327,596| |Valuation
changes||||||||(24,192)|(24,192)| |At 30April 2022||||||||2,303,404|2,303,404| |Carrying
amount|||||||||| |At 30April 2022||||||||2,303,404|2,303,404| |At 30April 2021||||||||2,327,596|2,327,596| |Permanent
endowment|||invested||on total return basis||||| |The investments|above||include those invested||||on a total return basis:||| |||||||||2022|2021| ||||||||||f.| |Trust for investment||brought||forward||||293,621|293,621| |Market value ofendowment||||fund brought||forward||422,855|366,440| |Unapplied
total|return||brought forward|||||129,234|72,819| |income
in the year||||||||17,067|16,675| |Capital (loss)/gain||in the|year|||||(4,395)|56,415| |Total return
in the||year||||||12,672|73,090| |Market value ofendowment||||fund carried||forward||418,460|422,855| |Unapplied
total|return||carried forward|||||124,839|129,234| ## ## |13|Debtors|||||||||| |---|---|---|---|---|---|---|---|---|---|---| ||||||||||2022|2021| ||Amounts
falling|due||within|one year:||||E|| ||Other debtors||||||||386|95| ||Prepayments
and|accrued income|||||||23,830|23,038| ||||||||||24,216|23,133| |14|Financial instruments||||||||2022|2021| ||Carrying
amount|of|financial|||assets||||| ||Debt instruments|measured|||at|amortised|cost||362,358|600,118| ||Instruments
measured|||at fair value through||||profit or loss|2,303,404|2,327,596| ||||||||||2,665,762|2,927,714| ||Carrying
amount|of|financial|||liabilities||||| ||Measured
at amortised|||cost|||||201,827|258,572| |15|Creditors: amounts||falling||due within||one year|||| ||||||||||2022f|2021
F.| ||Other taxation and social security||||||||3,350|2,317| ||Other creditors||||||||184,679|224,878| ||Accruals and deferred|||income|||||17,148|33,694| ||||||||||205,177|260,889| ## ## ## ## ## ||||Movement|in funds|| |---|---|---|---|---|---| |||Balance at 1|Incoming|Resources|Balance at 30| |||May 2021|resources|expended|April 2022| |||f.|f||| |Permanent|endowments||||| |Bridget's Trust||293,621|||293,621| |||293,621|||293,621| ||||||ttl
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i0 CO||||||| ## ## ## |||Unrestricted|Designated|Restricted|Endowment|Total| |---|---|---|---|---|---|---| |||funds|funds|funds|funds|| |||f|f||F|| |Fund balances|at 30April 2022|||||| |are represented|by:|||||| |Tangible assets||808|194,999|||195,807| |Investments||1,455,404|554,379||293,621|2,303,404| |Current assets/(liabilities)||(1,148,194)|1,282,350|46,855||181,011| |||308,018|2,031,728|46,855|293,621|2,680,222| ## |||||||2022|2021| |---|---|---|---|---|---|---|---| |||||||f.|| ||Aggregate
compensation|||||54,491|50,578| ||There were no transactions
with related||parties during||the year.||| |22|Cash generated
from operations|||||2022|2021| ||||||||E| ||(Deficit)/surpus
for the year|||||(210,962)|70,641| ||Adjustments
for:||||||| ||Investment
income recognised|in statement||offinancial|activities|(109,767)|(107,517)| ||Fair value gains and losses on|investments||||24,091|(310,811)| ||Depreciation
and impairment
oftangible||fixed assets|||6,014|5,914| ||Movements
in working
capital:||||||| ||(Increase)/decrease
in debtors|||||(1,083)|2,829| ||(Decrease)
in creditors|||||(55,712)|(87,050)| ||Cash absorbed
by operations|||||(347,419)|(425,994)| |23|Analysis ofchanges
in net funds||||||| ||The charity had no debt during|the year.||||||