2021-03-31-accounts

President		DrTHothersall
Chairman		Professor ABHassell
Vice Chairman		Mrs KStevenson
Secretary		Mrs M Shaw
Treasurer		Mr ARBeasley (Resigned November 2020)
		Mr RA Crossley (Appointed	December 2020)
Trustees		MrJSRowley
		Mr DD O'Neill
		Mrs H CDuffy
		Mr ARBeasley (Resigned November 2020)
		Mr RA Crossley (Appointed	December 2020)
Charity number		507273
A.ddress of	Charity	Staffordshire Rheumatology	Centre
		Haywood Hospital
		High Lane
		Burslem
		Stoke-on-Trent
		ST67AG
Independent	Examiner	Heather Tweddle of
		Dean Statham Chartered Accountants
		29King Street
		Newcastle-Under-Lyme
		Staffordshire
		ST51ER
Bankers		Natwest Bank pic
		2Market Street
		Longton
		Stoke-on-Trent
		Staffordshire
		ST32HW
Solicitors		Knights LLP
		The Brampton
		Newcastle-Under-Lyme
		Staffordshire
		ST5OQW
Investment	Advisors	Charles Stanley k Co Ltd
		55Bishopgate
		London
		EC2N 3AS

	Page
Trustees' Report	1-5
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet
Statement ofCashflows
Notes to the Financial Statements	10-1

					Unrestricted	Restricted	Total Funds	Total Funds
				Note	Funds	Funds	2021	2020
Income
Donations and Gifts					11,357		11,357	5,093
Legacies					38,826		38,826	6,000
Investment income:
Income &om listed	fixed	asset investments		2	91,038		91,038	165,935
Total income					141,221		141,221	177,028
Expenditure
Costs ofraising funds:
Investment management		costs			20,932		20,932	23,486
Expenditure on charitable			activities	3	195,324		195,324	262,529
Total expenditure					216,256		216,256	286,015
Net (expenditure)/	income				(75,035)		(75,035)	(108,987)
Transfers
Transfers between	funds
Net (expenditure)/	income		before
gains and losses on investments					(75,035)		(75,035)	(108,987)
Net gains/(losses)	on investments				1,053,877		1,053,877	(933,436)
Net movement in	funds			7	978,842		978,842	(1,042,423)
ReconciTiation ofFunds
Balances brought	forward at		1April 2020	7	3,212,320		3,212,320	4,254,743
Balances carried forward		at	31March 2021	7	4,191,162		4,191,162	3,212,320

	Note	2021		2020
Fixed assets
Investments			4,066,457		3,121,601
Current assets
Debtors	5	10,164		7,567
Cash at bank and in hand		121,725		163,735
		131,889		171,302
Creditors:
amounts falling due within one year		7,184		80,583
Net current assets			124,705		90,719
Total assets less current liabilities			4,191,162		3,212,320
Net assets			4,191,162		3,212,320
Funds
Unrestricted			4,191,162		3,212,230
			4,191,162		3,212,230

			2021		2020
		Note
Net cash generated from
operating activities		10		(242,069)		(257,278)
Cash flow from investing	activities
Interest and dividends				91,038		165,935
Proceeds from sale ofinvestments				383,351		638,926
Purchase ofinvestments				(274,330)		(625,886)
Net change in cash and cash equivalents				(42,010)		(78,303)
Cash and cash equivalents	at 1April 2020			163,735		242,038
Cash and cash equivalents	at31March 2021			121,725		163,735

Not	es to the Accounts for the year	es to the Accounts for the year	es to the Accounts for the year	ended 31Ma	rch 2021
3	Ex enditure on Charitable			Activities
					Unrestricted	Restricted	Total		Total
					Funds	Funds	2021		2020
	Costs ofcharitable	activities
	Grants paid (see detailed		schedule below)		187,312		187,312		225,256
	PIERcosts								724
	Video project				4,550		4,550		2,400
	Frontline dance costs				750			750	6,208
	Tai chi classes								4,160
	HUG group costs								313
	Christmas party and	cards							1,630
	Arthritis portal software								14,740
	Jayex digital signage				486			486	4,974
	Support costs
	Accountancy fees				1,919		1,919		1,812
	Sundry expenses				307			307	312
					195,324		195,324		262,529
	Grants Payable
					Unrestricted	Restricted	Total		Total
					Funds	Funds	2021		2020
	Payroll grants
	Keele University				131,290		131,290		129,729
	UEBG4T				18,120		18,120		52,403
	Other
	Pat Grimsley Haywood		Foundation
	Educational Bursary								3,000
	Beth Johnson Foundation				37,902		37,902		38,098
	Other								2,026
	Total grant paid				187,312		187,312		225,256

Investments
			2021	2020
Cost orvaluation
Market value at 1April Additions at cost Disposal proceeds Realised gains/(losses) Unrealised gains/(losses)	2020 on disposals on revaluations		3,121,601 274,330 (383,351) 76,737 977,140	4,068,077 625,886 (638,926) 26,194 (959,630)
Market value at 31March		2021	4,066,457	3,121,601
			2021	2020
Portfolio valuation
-Securities			4,066,457	3,121,601
			4,066,457	3,121,601
Realised gains on disposals
			2021	2020
Carrying value ofdisposals Disposal proceeds			306,614 (383,351)	612,732 (638,926)
Net realised gains/(losses)			76,737	26,194

Debtor's
	2021	2020
Prepayments and Accrued income
Prepaid expenses Charles Stanley accrued interest Legacy	4,483 3,181	4,385 3,182
	2,500
	10,164	7,567

6	Creditors:	Amounts	fallin	duewithinone	ear			2021	2020
	Accruals
	Accountancy							1,884	1,813
	Charles Stanley fees							5,300	5,900
	Grants								68,265
	Other								4,605
								7,184	80,583
7	Statement ofFunds
				Balance	Movement		in Resources		Balance
				B/F	Incoming	Outgoing		Gains/Losses	C/F
	Unrestricted	Fund		3,212,320	141,221	(216,256)		1,053,877	4,191,162

		2021	2020
Net movement in funds		978,842	(1,042,423)
Investment income		(91,038)	(165,935)
Losses/(gains) on investments		(1,053,877)	933,436
Decrease/(increase) in debtors		(2,597)	454
Increase/(decrease) in creditors		(73,399)	17,190
Net cash used in operating	activities	(242,069)	(257,278)