2022-09-30-accounts - The Institute For Policy Research

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

		Page
Report ofthe Trustees	I	to	3
Report ofthe Independent Auditors	4	to	7
Statement ofFinancial Activities
Balance Sheet
Cash Flow Statement		10
Notes tothe Cash Flow Statement
Notes tothe Financial Statements	12	to	18
Detailed Statement ofFinancial Activities		19

						2022	2021
					Notes
Cash flows from	operating	activities
Cash generated fi	om operations					45444	16,276
Net cash pmvided	by operating		activities			45444	16,276
Cash ilows from	investing	activities
Interest received						2,481
Net cash provided	by investing		activities			2,481	58
Change in cash and cash equivalents				in
the reporting period						473125	16,334
Cash and cash equivalents		at	the
beginning ofthe	reporting	period				473,723	457,389
Cash and cash equivalents		at	the end	of
the reporting period						521,548	473,723

RECONCILIATION	RECONCILIATION	OFNET INCOME TO NET CASH FLOW FROM	OFNET INCOME TO NET CASH FLOW FROM	OPERATING ACTIVITIES	OPERATING ACTIVITIES
				2022	2021
				f	6
Net income forthe	reporting		period (as per the Statement ofFinancial
Activities)				2,134	61,670
Adjustments for:
Interest received				(2,481)	(58)
Decrease/(increase)	in	debtors		49,091	(49,091)
(Decrease)/increase	in	creditors		(3,400)	3,755
Net cash provided	by	operations		45444	16,276

2.	DONATIONS AND LEGACIES
				2022f	2021
	Donations			200,746	220,100
	Gilt aid			250	1300
				200,996	221,400
3.	INVESTMENT INCOME
				2022	2021f
	Deposit account interest			2,481	58
4.	CHARITABLE ACTIVITIES COSTS
			Grant
			funding of
			activities	Support
		Direct	(see note	costs (see
		Costs	5)	note 6) f	Totalsf
	Research projects	2,625	185400	13418	201443
	GRANTS PAYABLE
				2022	2021
	Research projects			185,500	142,590
	The total grants paid to institutions	during the year was as follows:
				2022	2021
	Centre for Policy Studies			52,500	20,000
	Politeia			50,000	15,000
	The Bruges Group				1,000
	Tax Payers' Alliance			83,000	104,500
	Manifesto Club				2,090
				185,500	142,590

			2022	2021
Trustees	meeting	expenses	423

	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30SEPTEMBER2022	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30SEPTEMBER2022	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30SEPTEMBER2022	NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30SEPTEMBER2022
	COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted	Restricted	Total
				funds	funds	funds
	INCOME AND ENDOWMENTS FROM
	Donations and legacies			221,400		221,400
	Investment income			58		58
	Total			221,458		221,458
	EXPENDITURE ON
	Charitable activities
	Grant related support costs			17,198		17,198
	Research projects			142,590		142,590
	Total			159,788		159,788
	NET INCOME			61,670		61,670
	RECONCILIATION OF FUNDS
	Total funds brought forward			454204		454,204
	TOTAL FUNDS CARRIED FORWARD			515,874		515,874
9.	DEBTORS:AMOUNTS FALLING DUE WITHIN		ONE YEAR
					2022	2021
					8
	Other debtors					49,091
10.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
					2022	2021
	Other creditors				3440	6,940
11.	ANALYSIS OFNET ASSETSBETWEEN FUNDS
					2022	2021
		Unrestricted		Restricted	Total	Total
			funds	funds	funds	funds
	Current assets	521,548			521,548	522,814
	Current liabilities		(3,540)		(3440)	(6,940)
		518,008			518,008	515,874

MOVEMENT IN FUNDS
				Net	Transfers
			At	movement	between	At
			I/10/21	in funds	funds	30/9/22
			f.	f		f
Unrestricted funds
General fund			266,512	62,756	(50,000)	279,268
Designated - Centre for Policy	Studies		81,126	(22,005)		59,121
Designated -Tax Payers' Alliance			168,236	11483		179,619
Designated - Politeia				(50.000)	50,000
			515,874	2,134		518,08$
TOTALFUNDS			515,874	2,134		518,008
Net movement in funds, included		in the above	are as follows:
				incoming	Resources	Movement
				f	expended f	in funds f
Unrestricted funds
General fund				78,599	(15,843)	62,756
Designated -Centre for Policy	Studies			30,495	(52,500)	(22,005)
Designated - Tax Payers' Alliance				94483	(83,000)	11483
Designated - Politeia					(50,000)	(50,000)
				203,477	(201,343)	2,134
TOTAL FUNDS				203,477	(201,343)	2,134
Comparatives for movement	in	funds
				Net	Transfers
			At	movement	between	At
			I/10/20	in funds	funds	30/9/21
			f
Unrestricted funds
General fund			240,892	41,620	(16,000)	266,512
Designated - Centre for Policy	Studies		80,131	995		81,126
Designated - The Bruge Group				(1,000)	1,000
Designated - TaxPayers' Alliance			131,091	37,145		168,236
Designated - Politeia				(15,000)	15,000
Designated - Manifesto Club			2,090	(2,090)
			454304	61,670		515,874
TOTAL FUNDS			454,204	61,670		515,874