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|||Page|
|---|---|---|
|Legal and administrative
information|||
|Trustees
report||2-6|
|Independent
examiners'
report|||
|Statement
of financial
activities|||
|Balance sheet|||
|Notes to the financial statements||10-15|
|Detailed Statement
of Financial|Activities||
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|Charity|number|number|number|306613||
|---|---|---|---|---|---|
|Registered||Office||University
of Plymouth||
|||||Emdeck Building||
|||||Plymouth||
|||||Devon||
|||||PL4 8AA||
|Secretary||||Professor
M Fuller||
|Trustees|nominated|||Mr M Pearson (Chair)||
|By University|||of Plymouth|Professor J Roberts||
|Trustees|Co-opted|||Dr P Le Grice||
|||||Dr A Jellings||
|||||Sir H Studholme||
|||||Ms C Drummond|MBE (Deceased 23 May 2022)|
|Accountants||||Wills Accountants|Limited|
|||||2 Endeavour
House||
|||||Parkway
Court||
|||||Longbridge
Road||
|||||Plymouth||
|||||PL6 8LR||
|Bankers||||HSBC Bank PLC||
|||||4 Old Town Street||
|||||Plymouth||
|||||PL1 1DD||
|Solicitors||||Osborne Clarke||
|||||2 Temple Back East||
|||||Temple Quay||
|||||Bristol||
|||||BS16EG||
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|||||Unrestricted|Restricted|2022|2021|
|---|---|---|---|---|---|---|---|
|||||funds|funds|Total|Total|
||||Notes|F||f||
|Income from:||||||||
|Charitable
activities||||4,556||4,556|671|
|Investments||||55,328||55,328|54,298|
|Total||||59,884||59,884|54,969|
|Expenditure
on:||||||||
|Charitable
activities||||65,417||65,417|68,150|
|Total||||65,417||65,417|68,150|
|Net (expenditure)/income||||(5,533)||(5,533)|(13,181)|
|Net (loss)/gain
on|investments||||(22,409)|(22,409)|285,136|
|Net movement|in|funds||(5,533)|(22,409)|(27,942)|271,955|
|Reconciliation|of|funds:||||||
|Total funds brought||forward||3,091|2,007,137|2,010,228|1,738,273|
|Transfer between|funds||12|9,800|(9,800)|||
|Total funds carried forward||||7,358|1,974,928|1,982,286|2,010,228|
||||||2022||2021|
|---|---|---|---|---|---|---|---|
||||Notes||E||E|
|Fixed Assets||||||||
|Investments|||||1,974,928||2,010,637|
|Current Assets||||||||
|Cash at bank and||in hand||13,060||28,562||
|Creditors:|amounts|||||||
|falling due|within|one||||||
|year||||(5,702)||(28,971)||
|Net Current Assets|||||7,358||(409)|
|Net Assets|||||1,982,286||2,010,228|
|Funds||||||||
|Restricted|income|funds|11/12||1,974,928||2,007,137|
|Unrestricted|income funds||10||7,358||3,091|
|Total funds|||||1,982,286||2,010,228|
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|2.|Charitable
inc|ome|- by fund|type||||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|2022|2021|
||||||Funds|Total|Total|
||||||F|F||
||Grants repayable||||4,556|4,556|671|
||||||4,556|4,556|671|
|3.|Investment
income|||||||
||||||Unrestricted|2022|2021|
||||||Funds|Total|Total|
||||||F|E|f.|
||Dividends
on|investments|||55,312|55,312|54,297|
||Interest on cash deposits||||16|||
||||||55,328|55,328|54,298|
|4.|Costs ofcharitable||activities|by fund type||||
||||||Unrestricted|2022|2021|
||||||Funds|Total|Total|
||||||f|||
||Grants payable||||59,415|59,415|62,258|
||Trustees and|secretary expenses||||||
||Administration|charge|||4,994|4,994|4,920|
||Accountancy|fees|||708|708|672|
||Other expenses||||300|300|300|
||||||65,417|65,417|68,150|
##
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|ts|payable|||||
|---|---|---|---|---|---|
||||||Total|
||||||F|
|~|Dietary|nitrate and oral health|||7,176|
|~|Reducing N20 from soils||||14,150|
|~|Piloting|precision
pastoralism|||3,410|
|~|Volatile|profiles of Dodder parasitized||plants|1,380|
|~|The wetter the better||||13,750|
|~|Seaweed BioComplex and phosphate||||9,582|
|~|RNAi pesticide for Cabbage Stem Flea Beetle||||7,367|
|~|Agrifood|Charities
Partnership|Research Project||2,600|
||||||59,415|
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|||||||Restricted|Restricted|2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|||||||Funds||Total|Total|
||||||||E|F|F|
|Realised|gain on sale of units|||||6,332||6,332|9,273|
|Unreaiised
(loss)/gain
investments||on valuation||of Fixed Asset||(28,741)||(28,741)|275,863|
|||||||(22,409)||(22,409)|285,136|
|n-current|investments|||||||||
|||||||||2022|2021|
|||||||||F|F|
|Valuation|at 1 August|||||||2,010,637|1,744,301|
|Sale of income units||||||||(13,300)|(18,800)|
|Realised|gain on sale of units|||||||6,332|9,273|
|Revaluation
as at 31||July (unrealised)||||||(28,741)|275,863|
|Valuation|at 31 July|||||||1,974,928|2,010,637|
|Valuation|taken from|statement|provided||by the fund|manager|CCLA.|||
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|ditors: amounts
falling due within o|ne year||
|---|---|---|
||2022|2021|
||F||
|Accruals|5,702|28,971|
||5,702|28,971|
##
|alysis
|of net a|s|sets between funds||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||Funds|Funds|Funds|
||||||E|E|
|Fund balances at|||31 July 2022||||
|as represented||by:|||||
|Fixed Asset investments|||||1,974,928|1,974,928|
|Current|assets|||13,060||13,060|
|Current|liabilities|||(5,702)||(5,702)|
|Transfer|between||funds||||
|||||7,358|1,974,928|1,982,286|
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|10.Unrestricted|funds||||||||
|---|---|---|---|---|---|---|---|---|
|||At|1|August|Incoming|Outgoing|At|31July|
|||||2021|Resources|Resources||2022|
|||||F|F.|F||F|
|Unrestricted|Funds|||3,091|69,684|(65,417)||7,358|
##
|||||||At|1 August|1 August|Incoming|Outgoing|At.|31July|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||2021||Resources|Resources||2022|
|||||||||F|F|E'||K|
|Restricted||Funds|||||2,007,137|||(32,209)|1,974,928||
|within
outgoing|||resources of||the restricted|||funds|is the F9,800|transfer to unrestricted|funds.||
|al return||accounting||summary|||||||||
|||||||||||Unapplied||Total|
||||||||||Trust for|Total|Endowment||
||||||||||investment|Return||Fund|
|||||||||||F||F|
|At 1stAugust 2021:|||||||||||||
|Gift component|||ofthe permanent|||endowment|||850,000||850,000||
|Unapplied|total||return|||||||1,157,137|1,157,137||
||||||||||850,000|1,157,137|2,007,137||
|Movements||during the||year:|||||||||
|Investment||return: realised gains||||||||6,332||6,332|
|Investment||return: unrealised|||losses|||||28,741||28,741|
|||||||||||(22,409)|(22,409)||
|Unapplied|total||return allocated to income during||||||||||
|the year||||||||||(9,800)||(9,800)|
|Net movements|||in the|year||||||(32,209)|(32,209)||
|At 31July||2022:|||||||||||
|Gift component|||ofpermanent||endowment||||850,000||850,000||
|Unapplied|total||return|||||||1,124,928|1,124,928||
||||||||||850,000|1,124,928|1,974,928||
|Unapplied||total|return|represented|||by:||||||
|Cumulative||gains equal||to inflation*||||||464,887|||
|Cumulative||gains above||inflation||||||660,041|||
|||||||||||1,124,928|||
##
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|Nature|oftransaction|2022|2021|
|---|---|---|---|
|||E|E|
|Grants|paid by the Trust|56,815|46,758|
|Grants|repaid to the Trust|4,556|671|
|Administration
charge payable to the University||4,994|4,920|
##
|The
following
schedule
is an|The
following
schedule
is an|intrinsic|part|of the|accounts|accounts|required|to comply
with|to comply
with|the|Statement|of|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Recommended
Practice
for Accounting|||and|Reporting||issued|by the|Charity|Commissioners||for England||
|&Wales, revised
in June 2019.|||||||||||||
|Detailed Statement
of|Financial Activities||||||||||||
|for the year ended 31|July|2022|||||||2022|||2021|
||||||||||E||||
|Incoming
resources|||||||||||||
|Incoming
resources from generating|||funds:||||||||||
|Investment
income|||||||||||||
|Dividends
on investments|||||||||55,312|||54,297|
|Interest on cash deposits|||||||||16|||1|
||||||||||55,328|||54,298|
|Total incoming
resources from generating||||funds|||||55,328|||54,298|
|Total incoming
resources|||||||||55,328|||54,298|
|Resources expended|||||||||||||
|Costs ofgenerating
funds|||||||||||||
|Fundraising
trading|||||||||||||
|Cost ofgoods sold and other costs|||||||||||||
|Charitable
activities|||||||||||||
|Grants payable|||||||||||||
|Grant funding
activities|||||||||||||
|Grants payable|||||||59,415|||62,258|||
|Grants repayable|||||||(4,556)||||(671)||
||||||||||54,859|||61,587|
|Grants payable total|expenditure||||||||54,859|||61,587|
|Total charitable
activity|expenditure||||||||54,859|||61,587|
|Governance costs|||||||||||||
|Activities
undertaken|directly||||||||||||
|Trustees and secretary expenses|||||||||||||
|Administration
charge|||||||4,994||||4,920||
|Accountancy
fees|||||||708||||672||
|Other expenses|||||||300||||300||
||||||||||6,002|||5,892|
|Total governance
costs|||||||||6,002|||5,892|
|Net (outgoing)/incoming|resources||for the|year|||||(5,533)|||(13,181)|
|Total unrestricted
funds|brought forward||||||||3,091|||3,972|
|Transfer between funds|||||||||9,800|||12,300|
|Total unrestricted
funds|carried forward||||||||7,358|||3,091|