2022-12-31-accounts - Road Safety Foundation

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Reference and Administrative Details
Report ofthe Trustees	2	to	8
Report ofthe Independent Auditors	9	to	11
Statement of Financial Activities		12
Balance Sheet		13
Cash Flow Statement		14
Notes to the Cash Flow Statement		15
Notes to the Financial Statements	16	to	23
Detailed Statement of Financial Activities		24

Trustees			Lord J LWhitty Chairman	Lord J LWhitty Chairman	Lord J LWhitty Chairman	(resigned	(resigned	18/7/2022)
			Mr R KTurner OBE
			Miss AJ Overton-Wood
			Mr A S H Silverman	(resigned			19/2/2023)
			DrS M Sharland
			DrS K Hammerton	(appointed			18/7/2022)
			Mr N DJ Lomas (appointed			2/3/2023)
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
			SL1 4RD
Bankers			Barclays Bank Pic
			8 Market Place
			Basingstoke
			RG21 7QA

Future plans
In 2023the Foundation plans to seek to
Continue to advocate for further road safety engineering investment based	on our annual crash risk	mapping			and
performance tracking analyses, across both the strategic road authorities	and the Department for Transport.
Provide thought leadership regarding the implementation ofa Safe System in UK by developing concepts,				policy,
and materials and through leadership ofthe Safe System infrastructure working group
Provide leadership ofthe United Kingdom iRAP initiative by running the road authority user group and			by
communicating the collective achievements and impact ofthe programme
Support National Highways in its planning for RIS3and in embedding the	use ofthe iRAP data and	approach			in
practice through an extensive training programme and through development of supportive policy and tools
Support Welsh Government in maximising the impact oftheir recent iRAP	survey
Advocate for safety performance management ofthe Major Road Network	in a similar way that this	is	done	for
the Strategic Road Network, with measurement ofthe safety performance	of road infrastructure as	a
performance indicator
Continue to highlight the challenges of local authorities particularly relating	to road safety governance,		capacity,
funding and strategic approach
Continue to support local authorities in undertaking iRAP surveys and developing highly effective road safety
remedial countermeasure programmes
Build capacity amongst road authority personnel and their supply chain in Undertake research and innovation activities to refine the iRAP tools such	delivering a Safe System that they support Safe System
implementation in UK
Continue leadership ofthe Older Drivers Task Force and to scope out implementation opportunities
Support initiatives at the European and global level where the Charity's speaal skills can contribute		effectively
Structure, governance and management

							2022	2021
					Unrestricted	Restricted	Total	Total
					fund	fund	funds	funds
								as restated
				Notes				6
Income and endowments			from
Charitable		activities
Charitable	activities				313,690	207,164	520,854	557,723
Expenditure		on
Charitable		activities		3
Charitable	activities				209,770	207,164	416,934	292,112
Other					173,205		173,205	136,495
Total					382,975	207,164	590,139	428,607
NET INCOME/(EXPENDITURE)					(69,285)		(69,285)	129,116
Reconciliation offunds
Total funds		brought forward			322,423		322,423	193,307
Total funds		carried forward			253,138		253,138	322,423

					2022	2021
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
						as restated
		Notes				6
Fixed assets
Tangible assets		10	3,451		3,451	82
Current assets
Debtors			25,399	52,990	78,389	73,725
Cash at bank			906,025		906,025	368,087
			931,424	52,990	984,414	441,812
Creditors
Amounts falling due within one year		12	(681,737)	(52,990)	(734,727)	(119,471)
Net current assets			249,687		249,687	322,341
Total assets	less current liabilities		253,138		253,138	322,423
NET ASSETS			253,138		253,138	322,423
Funds
Unrestricted	funds				253,138	322,423
Total funds					253,138	322,423

			2022	2021
				as restated
		Notes		6
Cash flows from operating activities Cash generated from operations			514,119	161,894
Net cash provided by operating activities			514,119	161,894
Cash flows from investing	activities
Purchase oftangible fixed assets			(4,884
Net cash (used in)/provided	by investing	activities	~4,884)
Change in cash and cash	equivalents	in
the reporting period			509,235	161,894
Cash and cash equivalents	at the
beginning ofthe reporting	period	2	343,800	181,906
Cash and cash equivalents	at the end	of
the reporting period		2	853,035	343,800

Reconciliation ofnet (expenditure)/income	Reconciliation ofnet (expenditure)/income	Reconciliation ofnet (expenditure)/income	to net cash flow from operating	activities
				2022	2021
					as restated
					6
Net (expenditure)/income		for the reporting	period (as per the
Statement ofFinancial		Activities)		(69,285)	129,116
Adjustments for:
Depreciation charges				1,515	541
(Increase)/decrease	in debtors			(4,664)	55,445
Increase/(decrease)	in creditors			586,553	~23,208)
Net cash provided	by operations			514,119	161,894
Analysis ofcash and cash equivalents
				2022	2021
					as restatedf
Cash at bank				906,025	368,087
Cash in transit				~52,990)	~24,287)
Total cash and cash	equivalents			853,035	343,800

Analysis ofchanges in net funds
	At 1/1/22 8	Cash flow 8	At 31/12/22f
Net cash
Cash at bank	368,087	537,938	906,025
Cash in transit	~24,287)	~28,703	~52,990)
	343,800	509,235	853,035
Total	343,800	509,235	853,035

2.	Income from charitable	Income from charitable	activities	activities
							2022	2021
								as restated
				Activity			F	6
	Research projects			Charitable	activities		288,860	413,763
	Grants			Charitable	activities		231,994	143,960
							520,854	557,723
	Grants received,	included	in the above, are		as follows:
							2022	2021
								as restated
							6	6
	Road Safety Trust						69,642	93,397
	EIB Road Safety	Partnership					8,851	8,856
	EuroRAP Support RST Tel em sties	Grant					15,979 100,715	12,761 16,998
	RST EATF						36,807	11,948
							231,994	143,960
3.	Charitable activities costs
								Direct
								Costs
								6
	Charitable activities							416,934
4.	Supportcosts
							Governance
						Management	costs	Totals
						6	F	6
	Other resources	expended				167,650	5,555	173,205
5.	Net income/(expenditure)
	Net income/(expenditure)		is stated after charging/(crediting):
							2022	2021
							6	as restatedf
	Auditors' remuneration						5,555	4,715
	Depreciation- owned assets Net (gains) / losses on foreign			exchange			1,515 (1,019)	541 ~191)

During the Staff costs	ye	ar, truste	es'	wer	e re	imbursed	81	78(2021:Fnil) for	their trave	l expens	es
											2022	2021
												as restatedf
Wages and	salaries										204,266	133,297
Other pension		costs									18,406	10,447
											222,672	143,744
The average		monthly	number		of	employees	dudng the year was		as follows:
											2022	2021
												as restated
Trustees											5	5
Employees											3	4
											8	9
The number	ofemployees			whose		employee	benefits (excluding		employer	pension	costs) exceeded	860,000was:
											2022	2021
												as restated
860,001 - 670,000												1
870,001 —F80,000											1
880,001 —F90,000											1
Comparatives		for the statement				offinancial		activities
									Unrestricted		Restricted	Total
										fund	fund	funds
												as restated
												E
Income and		endowments		from
Charitable	activities
Charitable	activities								435,380		122,343	557,723
Expenditure		on
Charitable	activities
Charitable	activities								168,911		123,201	292,112
Other									136,495			136,495
Total									305,406		123,201	428,607
NET INCOME/(EXPENDITURE)									129,974		(858)	129,116

Comparatives	for	the statement offinancial	activities -continued
			Unrestricted	Restricted	Total
			fund	fund	funds
					as restated
					6
Reconciliation	offunds
Total funds brought		forward	192,449	858	193,307
Total funds carried forward			322,423		322,423

				Computer
				equipment
				6
Cost
At 1 January	2022			2,880
Additions				4,884
At 31 December 2022				7,764
Depreciation
At 1 January	2022			2,798
Charge for year				1,515
At 31 December 2022				4,313
Net book value
At 31 December 2022				3,451
At 31 December 2021				82
Debtors: amounts		falling due within one year
			2022	2021
				as restated
			6	6
Trade debtors			11,452	636
Other debtors			679	29,370
Prepayments	and	accrued income	66,258	43,719
			78,389	73,725

12.	Creditor	s: am	ounts	fall	i	ng due	within one year
									2022	2021
										as restated
									E	E
	Bank loans and Cash			in	transit (see note 13)				52,990	24,287
	Trade creditors								851	1,120
	Social security		and other			taxes			7,267	5,477
	VAT								106,744	5,669
	Other creditors								57,429	34,391
	Accruals	and	deferred	income					509,446	48,527
									734,727	119,471
13.	Loans
	An analysis ofthe maturity					of loans is given below:
									2022	2021
										as restated
									E	E
	Amounts	falling due within				one year on demand:
	Cash in	transit							52,990	24,287
14.	Movement in		funds
									Net
									movement	At
								At 1/1/22	in funds	31/12/22
								E	E	E
	Unrestricted		funds
	General	fund						322,423	(69,285)	253,138
	TOTAL	FUNDS						322,423	~69,285)	253,138
	Net movement		in funds,		included		m the above are as follows:
								Incoming	Resources	Movement
								resources	expended	in funds
									E.	E
	Unrestricted		funds
	General	fund						313,690	(382,975)	(69,285)
	Restricted funds
	Restricted Fund							207,164	(207,164)
	TOTAL	FUNDS						520,854	(590,139)	~69,285)

Comparatives	for moveme	nt in funds
				Net
				movement	At
			At 1/1/21	in funds	31/12/21
			E	E	E
Unrestricted	funds
General fund			192,449	129,974	322,423
Restricted funds
Restricted Fund			858	(858)
TOTAL FUNDS			193,307	129,116	322,423
Comparative	net movement	in funds, included	in the above are as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
			E	E	E
Unrestricted	funds
General fund			435,380	(305,406)	129,974
Restricted funds
Restricted Fund			122,343	(123,201)	(858)
TOTAL FUNDS			557,723	(428,607)	129,116

		2022	2021
			as restatedf
Income and endowments
Charitable activities
Research projects		288,860	413,763
Grants		231,994	143,960
		520,854	557,723
Total incoming resources		520,854	557,723
Expenditure
Charitable activities
Wages		123,708	53,262
Research projects		293,226	238,850
		416,934	292,112
Supportcosts
Management
Wages		80,558	80,035
Pensions		18,406	10,447
Membership fees		5,212	5,703
Insurance		7,398	1,425
Exchange differences		(1,019)	(191)
Sundries		150
Bank charges		346	233
Printing		136	133
Computer costs		150	970
Communications		11,529	4,618
Subscriptions		532	288
Legal and professional	costs	22,727	17,112
Office costs		20,010	10,466
Computer equipment		1,515	541
		167,650	131,780
Governance costs
Auditors' remuneration		5,555	4,715
Total resources expended		590,139	428,607
Net (expenditure)/income		(69,285)	129,116