2022-04-05-accounts

	Legal and Administrative	Legal and Administrative	Information
2-5	Trustees' Report
	Independent Examiner's		Report
	Statement ofFinancial	Activities
	Balance Sheet
9-12	Notes to the Accounts

Charity name	Charity name				Whipps Cross	University	University	Hospital	Hospital
					Medical Education		and Research Trust
Charity number					312920
Charity offices					Medical Education		Centre
					Whipps Cross	University		Hospital
					Leytonstone
					London
					E11 1NR
Trustees who		served	during	the year	DrJ Green (Chairperson)
					DrS Hoque
					Dr K Kugathas
					DrSChaudhri
Council who		served	during	the year	Dr A Bahra
					DrS Hoque
					DrSThamban
					DrSChaudhrl
					Dr K Kugathas
					DrJ Green
					DrSZaman
Independent		examiner			Ms J A Rickler
					Alwyns LLP
					Crown House
					151 High Road
					Loughton
					Essex
					IG104LG
Bankers					C Hoare &Co
					37Fleet Street
					London
					EC4P 4DQ
Clerk					D R Gadsby
					181 High Street
					Epping
					Essex
					CM16 4BQ
Investment	advisers				Investec Wealth	&	Investment		Limited ("Investec")
					30Gresham Street
					London
					EC2V 7QN

								2022	2021
						Unrestricted	Restricted	Total	Total
						Funds	Funds	Funds	Funds
							E	F	F
INCOME:					Notes
Charitable activities						137,764		137,764	51,155
Investments						17,750	2,511	20,261	18,497
Other income									888
Total						155,514	2,511	158,025	70,540
EXPENDITURE ON:
Raising funds						11,346	1,089	12,435	11,305
Charitable activities						82,916		82,916	58,882
Other						24,889		24,889	36,693
Total						119,151	1,089	120,240	106,880
Net gains/(losses)	on	investments				5,785	904	6,689	16,301
NET INCOME/(EXPENDITURE)						42,148	2,326	44,474	(20,039)
Transfer between	funds					(457)	457
OTHER RECOGNISED GAINS/(LOSSES)
Gains/(losses) on revaluation			of investment	assets	6	42,640	3,445	46,085	163,901
NET MOVEMENT	IN	FUNDS				84,331	6,228	90,559	143,862
RECONCILIATION	OF FUNDS
Total funds brought		forward				879,823	89,402	969,225	825,363
TOTAL FUNDS CARRIED			FORWARD			964,154	95,630	1,059,784	969,225

AS AT6AP	RIL 2022
				2022			2021
			Notes	6
Fixed Assets
Investments					959,894		921,031
Development	cost				11,660		23,100
					971,444		944,131
Current Assets
Debtors				57,413
Short term deposits				25,522		23,635
Cash in hand	and et bank			23,211		6,564
				106,146		32,099
						I
Creditors falling due within one year				17,806		7,005
Net current	assets				88,340		25,094
Total assets	less current liabilities				.'I,059,784		969,225
Represented	By:
Unrestricted	funds		12&14		964,154		879,823
Restricted funds			't3 &14		95,630		89,402
Total trust funds			12,13&14		1,059,784		969,225
The financial	statements	were approved	by the Board of Trustees cn		( i	and	were signed on

Other costs
GRANTS
Grants made to			Whipps	Cross University			Hospital and	their personnel		2022	2021
										K	E
Other office	costs (note 3)									5,145	9,658
Governance	costs (note 4)									8,194	15,485
Depreciation	(note 7)									11,550	11,550
										24,889	36,693
OTHER OFFICE			COSTS
										2022	2021
										E
Insurance										910	704
Financial charges										2,507	1,154
Website hosting										1,080	1,680
Storage and	archiving cost										6,120
Telephone										648
										5,145	9,658
The Trustees	were not paid any remuneration						or reimbursed	any expenses	during the year.
GOVERNANCE		COSTS
										2022	2021f
Accountancy	and		independent examiner's			fees				5,691	6,180
Accountancy	fee- (over)/underprovision				re- previous year						(633)
VAT on accountancy fees				and legal fees						1,138	1,109
Secretarial fees-		Open Audience								1,365	8,829
										8,194	15,485
Staff Numbers
Average monthly			number	during the year

6.	FIXEDASSET		INVESTMENTS
	UK listed investments						2022f	2021f
	Market value	at	6 April		2021		921,027	755,364
	Additions						29,189	66,562
	Disposals						(36,407)	(64,796)
	Net unrealised		investment			gains/(losses)	46,085	163,901
	Market value	at	5 April		2022		959,894	921,031
	Investments	at fair value					2022f	2021f
	Equities						874,044	837,809
	Fixed interest	equities					85,850	83,222
							959,894	921,031
7	Website development				cost		2022	2021
							f	f
	Addition						23,100	34,650
	Depreciation						(11,550)	(11,550)
	Net book value		at 5 April 2022				11,550	23,100
8	DEBTORS						2022f	2021f
	Dividends receivable			&	prepayments		121
	Sundry debtors						57,292
							57,413
9	CREDITORS	AMOUNTS				FALLING DUE WITHIN ONE YEAR
							2022f	2021f
	Accruals						17,806	7,005

TOTAL TRUST FU	N	DS - ANALYSIS OF NET	ASSETS BETWEEN FUNDS
				Net Current
			Fixed	Assets/
			Assets f	(Liabilities) f	Totalf
Restricted funds - De Jode			85,850	9,780	95,630
Unrestricted funds			885,594	78,560	964,154
			971,444	88,340	1,059,784
COMPARATIVE STATEMENT OF FINANCIAL			ACTIVITIES FOR THE YEAR ENDED	5APRIL 2021
			Unrestricted	Restricted	Total
			Funds f	Funds f	Funds f
INCOME:			Notes
Charitable activities			51,155		51,155
Investments			18,497		18,497
Other Income			888		888
Total			70,540		70,540
EXPENDITURE ON:
Raising funds			11,305		11,305
Charitable activities			58,882		58,882
Other			36,693		36,693
Total			106,880		106,880
Net gains/(losses)	on	investments	16,376	(75)	16,301
NET INCOME/(EXPENDITURE)			(19,964)	(75)	(20,039)
OTHER RECOGNISED GAINS/(LOSSES)
Gains on investment		assets	152,311	11,590	163,901
NET MOVEMENT	IN	FUNDS	132,347	11,515	143,862
RECONCILIATION	OF FUNDS
Total funds brought		forward	747,476	77,887	825,363
TOTAL FUNDS CARRIED FORWARD			879,823	89,402	969,225