## |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)|