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||Legal<br>and Administrative|Legal<br>and Administrative|Information|
|---|---|---|---|
|2-5|Trustees'<br>Report|||
||Independent<br>Examiner's||Report|
||Statement<br>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<br>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<br>Street|||||
||||||London|||||
||||||EC2V 7QN|||||





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|||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|Total|Total|
|||||||Funds|Funds|Funds|Funds|
||||||||E|F|F|
|INCOME:|||||Notes|||||
|Charitable<br>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<br>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)<br>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|





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|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 <br>|statements<br>|were approved|by the Board of Trustees cn||( i|and|were signed on|





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|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<br>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<br>monthly|||number|during the year||||||||



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||||||||||
|---|---|---|---|---|---|---|---|---|
|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<br>receivable|||&|prepayments||121||
||Sundry debtors||||||57,292||
||||||||57,413||
|9|CREDITORS|AMOUNTS||||FALLING DUE WITHIN ONE YEAR|||
||||||||2022f|2021f|
||Accruals||||||17,806|7,005|



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|TOTAL TRUST FU|N|DS - ANALYSIS OF NET|ASSETS BETWEEN FUNDS|||
|---|---|---|---|---|---|
|||||Net Current||
||||Fixed|Assets/||
||||Assets<br>f|(Liabilities)<br>f|Totalf|
|Restricted funds - De Jode|||85,850|9,780|95,630|
|Unrestricted<br>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<br>f|Funds<br>f|Funds<br>f|
|INCOME:|||Notes|||
|Charitable<br>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<br>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|