|||Page|| |---|---|---|---| |Reference and Administrative
Details|||| |Report of the Trustees|2|to|9| |Report of the Independent
Auditors|10|to|12| |Statement
of Financial
Activities||13|| |Balance Sheet||'l4|| |Cash Flow Statement||15|| |Notes to the Cash Flow Statement||16|| |Notes to the Financial Statements|17|to|23| |Detailed Statement
of Financial
Activities||24|| |Trustees|||Lord J L Whitty|Chairman|Chairman|Chairman|| |---|---|---|---|---|---|---|---| ||||Mr R KTurner OBE||||| ||||Miss AJOverton-Wood||||| ||||Mr A S H Silverman||||| ||||Dr S M Sharland||||| |Company|secretary||Ms S Holroyd||||| |Registered|office||60 Trafalgar
Square||||| ||||London||||| ||||WC2N 5DS||||| |Registered|company|number|02069723 (England||and|Wales)|| |Registered|charity number||295573||||| |Auditors|||Haines Watts||||| ||||Chartered
Accountants|||and Statutory|Auditor| ||||178Buckingham|Avenue|||| ||||Slough||||| ||||Berkshire||||| ||||SI 1 4RD||||| |Bankers|||Barclays Bank Pic||||| ||||8 Market Place||||| ||||Basingstoke||||| ||||RG21 7QA||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2021|2020| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| |||||fund|fund|funds|funds| ||||Notes|2|||| |Income and endowments||from|||||| |Charitable
activities|||||||| |Charitable
activities||||464,326|93,397|557,723|359,278| |Expenditure
on|||||||| |Charitable
activities|||||||| |Charitable
activities||||144,595|94,255|238,850|246,081| |Other||||~189757||189,757|91,878| |Total||||334,352|94,255|428,607|337,959| |NET INCOME/(EXPENDITURE)||||129,974|(858)|129,116|21,319| |Reconciliation
of funds|||||||| |Total funds brought|forward|||192,449|858|193,307|171,988| |Total funds carried|forward|||~322 423||~322 423|193,307| ## |||||2021|2020| |---|---|---|---|---|---| |||Unrestricted|Resbfcted|Total|Total| |||fund|fund|funds|funds| ||Notes|6|6|6|| |Fixed assets|||||| |Tangible assets|9|82||82|623| |Current assets|||||| |Debtors
Cash at bank|10|73,725
~343800||73,725
~343800|129,170
181,906| |||417,525||417,525|311,076| |Creditors|||||| |Amounts
falling due within one year|11|(95,184)||(95,184)|(118,392)| |Net current assets||322,341||~322 341|192,684| |Total assets less current liabilities||322,423||322,423|193,307| |NET ASSETS||~322 423||322 423|193,307| |Funds|12||||| |Unrestricted
funds
Restricted
funds||||322,423|192,449
858| |Total funds||||322,423|193307| ## ||||||2021|2020| |---|---|---|---|---|---|---| |||||Notes||| |Cash flows from operating|activities|||||| |Cash generated
from operations|||||~161 894|24,108| |Net cash provided
by operating||activities|||~161 894|24,108| |Change
In cash and cash|equivalents||in|||| |the reporting
period|||||161,894|24,108| |Cash and cash equivalents|at|the||||| |beginning
of the reporting|period||||~181 906|157,798| |Cash and cash equivalents|at|the end|of|||| |the reporting
period|||||343,800|181,906| ## |Reconciliation
of net income|Reconciliation
of net income|to net cash flow from operating|to net cash flow from operating|activities||| |---|---|---|---|---|---|---| ||||||2021|2020| |Net Income for the|reporting|period (as per the Statement|of|Financial||| |Activities)|||||129,116|21,319| |Adjustments
for:||||||| |Depreciation
charges|||||541|960| |Decrease/(increase)|in debtors||||55,445|(85,830)| |(Decrease)fincrease|in creditors||||~23208)|87,659| |Net cash provided
by operations|||||~161 894|24,108| |2.|Analysis|of changes|ln net funds|||| |---|---|---|---|---|---|---| |||||At 1/1/21|Cash flow|At 31/12/21| |||||2|2|2| ||Net cash|||||| ||Cash at bank|||~181906|~161 894|~343800| |||||~181 906|~161 894|~343800| ||Total|||181,906|161,894|343,800| ## ## ## ## ## ## |2.|Income from charitable|activities|activities||||| |---|---|---|---|---|---|---|---| |||||||2021|2020| ||||Activity||||2| ||Research projects||Charitable|activities||413,763|331,723| ||Grants||Charitable|activities||~143960|27,555| |||||||~557723|359,278| ||Grants received,
included|in the above, are||as follows:|||| |||||||2021|2020| ||||||||2| ||Road Safety Trust|||||122,343|5,840| ||E IB Road Safety Partnership|||||8,856|8,851| ||DFT Review of ODTF Report||||||12,864| ||EuroRAP Support Grant|||||~12761|| |||||||143,960|27,555| |3.|Charitable
activities costs||||||| ||||||||Direct| ||||||||Costs| ||||||||2| ||Charitable
activities||||||~238850| |4.|Supporlcosts||||||| |||||||Governance|| ||||||Management|costs|Totals| ||||||2|2|| ||Other resources
expended||||185,042|4715|~189757| |5.|Net Income/(expenditure)||||||| ||Net income/(expenditure)|is stated after charging/(crediting):|||||| |||||||2021f|2020| ||Auditors'
remuneration|||||4,715|4,220| ||Depreciation
- owned assets|||||541|960| ||Net (gains)
/ losses on foreign||exchange|||~191)|363| ## ## ## ## |During the year, trust
Staft costs|ees'
|were|re|imbursed
|foi|l (202|0:foll) for t|heir travel|expense|s|| |---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||2021f|2020f| |Wages and salaries||||||||||133,297|67,738| |Other pension costs||||||||||~10447|6,812| |||||||||||143,744|74,550| |The average
monthly|number||of|employees|during the year was|||as follows:|||| |||||||||||2021|2020| |Tl'Ustees||||||||||5|5| |Employees||||||||||4|3| |The number
of employees||whose||employee|benefits||(excluding|employer|pension|costs) exceeded|f60,000 was:| |||||||||||2021|2020| |f60,001 —f70,000|||||||||||| |Comparatlves
for the statement||||of financial||activities|||||| |||||||||Unrestr|Icted|Restricted|Total| ||||||||||fundf|fundf|fundsf| |Income and endowments||from|||||||||| |Charitable
activities|||||||||||| |Charitable
activities||||||||337,499||21,779|359,278| |Expenditure
on|||||||||||| |Charitable
activities|||||||||||| |Charitable
activities||||||||225,160||20,921|246,081| |Other||||||||9'I,878|||91,878| |Total||||||||317,038||20,921|337,959| |NET INCOME||||||||20,461||858|21,319| |Reconciliation
offunds|||||||||||| |Total funds brought|forward|||||||171,988|||171,988| |Total funds carried|forward|||||||192,449||858|193,307| ## ## ||||||||Computer| |---|---|---|---|---|---|---|---| ||||||||equipment| ||||||||8| ||Cost||||||| ||At 1 January|2021 and||31 December 2021|||2,880| ||Depreciation||||||| ||At 1 January|2021|||||2,257| ||Charge for year||||||541| ||At 31 December 2021||||||2,798| ||Net book value||||||| ||At 31 December 2021||||||82| ||At 31 December 2020||||||623| |10.|Debtors: amounts||falling due within one year||||| |||||||2021|2020| |||||||2|| ||Trade debtors|||||636|18,370| ||Other debtors|||||29,370|7,907| ||Prepayments|and accrued income||||~43719|102,893| |||||||~73725|~129170| |11.|Creditors: amounts||falling due within one year||||| |||||||2021|2020| |||||||9|| ||Trade creditors|||||1,120|| ||Social security and||othertaxes|||5,477|886| ||VAT|||||5,669|2,295| ||Other creditors|||||34,391|25, 'I 72| ||Accruals and|deferred||income||~48 527|90,039| |||||||~95 184|~118392| |12.|Movement
In|funds|||||| |||||||Net|| |||||||movement|At| ||||||At 1/1/21|In fundsf|31/12/21| ||Unrestricted|funds|||||| ||General
fund||||192,449|129,974|322,423| ||Restricted funds||||||| ||Restricted
Fund||||858|(858)|| ||TOTAL FUNDS||||~193307|~129116|322,423| ## ## ## |Net movement
in funds,
included
in the abo|ve are as follows:||| |---|---|---|---| ||Incoming|Resources|Movement| ||resources|expended|in funds| ||2||| |Unrestricted
funds|||| |General
fund|464,326|(334,352)|129,974| |Restricted funds|||| |Restricted
Fund|93,397|(94,255)|(858)| |TOTAL FUNDS|557,723|~428607)|~129116| ## |||||Net|| |---|---|---|---|---|---| |||||movement|At| ||||At 1/1/20|In funds|31/12/20| ||||2||| |Unrestricted|funds||||| |General
fund|||171,988|20,461|192,449| |Restricted|funds||||| |Restricted
Fund||||858|858| |TOTAL FUNDS|||17'I,988|21,319|193,307| |Comparative|net movement|In funds, included|in the above are as follows:||| ||||Incoming|Resources|Movement| ||||resources|expended|In funds| ||||2||6| |Unrestricted|tunds||||| |General
fund|||337,499|(317,038)|20,461| |Restricted|funds||||| |Restricted
Fund|||21,779|(20,921)|858| |TOTAL FUNDS|||359,278|(337,959)|21,319| ## ## ## ## ## |||2021|2020| |---|---|---|---| |Income and endowments|||| |Charitable
activities|||| |Research projects
Grants||413,763
143,960|331,723
27,555| |||~557723|359,278| |Total Incoming
resources||557,723|359,278| |Expenditure|||| |Charitable
activities|||| |Research projects||238,850|246,081| |Support costs|||| |Management|||| |Wages
Pensions||133,297
10,447|67,738
6,812| |Membership
fees||5,703|5,304| |Insurance||1,425|1,081| |Exchange differences||(191)|363| |Bank charges
Printing||233
133|344
56| |Computer
costs||970|582| |Communications||4,618|240| |Subscriptions||288|522| |Legal and professional
Office costs|costs|17,112
10,466|351
3,305| |Computer
equipment||541|960| |||185,042|87,658| |Governance costs|||| |Auditors'
remuneration||4715|4,220| |Total resources
expended||428,607|337,959| |Net Income||129,116|21,319|