|Heywood|Rheumatism|Research and Development|Research and Development|Research and Development|Iroundation||||| |---|---|---|---|---|---|---|---|---|---| |Legal and|a~tive||information||||||| ||President|||||Dr THotherssB|||| ||Chairman|||||Profsuor ABHssseH (resigued|||14th Sept2021)| |||||||Dr ZPaskius (appomted|14th Sept 2021)||| ||Vice||Chairman|||MrsIStevenson|||| ||Secretary|||||Mrs1 Brause|||| ||Treasurer|||||Mr RA Orossley|||| |||||||lvir JSRewley|||| |||||||Mr DD O'Neill|||| |||||||Mrs H C Duffy|||| |||||||Mr RA Crossley|||| ||Charity number||||||||| ||Address of|||Charity||Staft'~ Rheumatology||Centre|| |||||||Hayao cd Hospital|||| |||||||KgbLstte|||| |||||||Burshm|||| |||||||Stokeon-Tusut|||| |||||||ST6JAG|||| ||Independent|||Examiner||Hastier Tweddle of|||| |||||||Dean Statham Chartered Accouutauts|||| |||||||29King Street|||| |||||||Newcastle-Under-Lyme|||| |||||||Statfardshhe|||| |||||||ST5 JBR|||| ||Bankers|||||Natwcrt Baskpic|||| |||||||2Market Street|||| |||||||Length|||| |||||||Stoke.on-Trent|||| |||||||Staffordshire|||| |||||||ST32HW|||| ||Solicitors|||||LLP|||| |||||||The Butmpton|||| |||||||Newcastle-Under-Lyme|||| |||||||Statftrdshire|||| |||||||ST50()W|||| ||Investment|||Advisors||Charles Stanley 4CoLtd|||| |||||||55Bishopgate|||| |||||||London|||| |||||||BC2N3AS|||| ## |Trustem' Report|| |---|---| |Independent
Exammer's|Report| |Statement ofFhancial|Activities| |Bahmce Sheet|| |Statement ofCashflows|| |Notes tctheF~Statements|| ## ## ## |President|Dr THotherssH||| |---|---|---|---| ||Professor ABHassell(resigned||14th Sept2021)| ||DrZPaskins (appomtui|14th|Sept 2021)| |Vice Chairman|Mrs KStevenson||| |Secretary|Mrs JBranny||| |Treasurer|MrRA Crossley||| ||MrJSRowley||| ||MrD D O'Neill||| ||Mrs H CDufly||| ||MrRA Ckossley||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Total Funds|Total Funds| |---|---|---|---|---|---|---| ||||Note|Funds|2022|2021| |Income||||||| |||||6/77|6,377|11/57| |||||10,000|10,000|38,826| |Invesnnent
mcome:||||||| |Income &om listed fixed|asset mvestments||2|113,562|113,562|91,038| |Total income||||129,939|129,939|141~1| |Expenditure||||||| |Costs ofraising funds:||||||| |Investment
management|costs|||23@12|23,912|20,932| |Expenditure
on charitable||activities|3|302,106|302106|195/24| |Total expenditure||||326,018|326,018|216P56| |Net (expenditure)/
income||||(196,079)|(196,079)|(75,035)| |Transfers||||||| |Transfers between fimds||||||| |Net (expenditure)/
income||before||||| |gains and losses on mvestments||||(196,079)|(196,079)|(75,035)| |Net gams/(losses)
on mvestonmts||||(162@24)|(162924)|1053877| |Net movement
in funds|||7|(359,003)|(359,003)|978,842| |Reconciliation ofPanda||||||| |Balances brought
forward|at I April 2021||7|4,191,162|4,191,162|3@12/20| |Balances cerned forward|at|31March 2022|7|3,832,159|3,832,159|4,191,162| ## ||Note|2022||2021|| |---|---|---|---|---|---| |Fixed assets|||||| |Investments||3,806,884|||4,066,457| |Current assets|||||| |Debtors
Cash atbank and iu hand|5|4,483
89@76|10,164
121,725||| |||94,459|131,889||| |Creditors:|||||| |amounts falling due within one year|6|69,184|7,184||| |Net current assets|||||| ||||||124,705| |Total assets less current habiTitles||3,832,159|||4,191,162| |Net assets||3,832,159|||4,191,162| |||3,832,159|||4,191,162| |||3,832,159|||4,191,162| ## ## ||||2022||| |---|---|---|---|---|---| |||Note|||| |Net cash generated from|||||| |operating
activities||10||(241961)|(242,069)| |Cash flow from investing|activities||||| |Interest snd dividends
Proceoth from sale ofmvestmeuts
Purchase ofmvestments||||113462
~25
(545,675)|91,038
383/51
(274,330)| |Net change in cash and cash equivalents||||(31,749)|(42,010)| |Cash and cash equivalents|at1April 2021|||121,725|163,735| |Cash and cash equivalents|at31March 2022|||89976|121,725| ## ## ## ## ## ## ## ## ## ## ## |Not|es tothe Accounts|fo|r the yea|r ended 31Marc|h 2022|||| |---|---|---|---|---|---|---|---|---| ||'|||||||| |3|e
o|Charitable||Activities||||| |||||||Reslncted|Total|Total| |||||||Fends|2022|2021| |||||||8|8|| ||Costs ofcharitable||activities|||||| ||Grants paid (see|detailed schedule below)|||289490||289790|187312| ||PIERcosts||||1318||1,318|| ||Video project|||||||4,550| ||Website design||||2400||2/00|| ||Frontiine dance||||417||417|750| ||Tai chi classes||||733||733|| ||Versus
rthritis||||5,518||5,518|| ||Jayex digital signage||||486||486|486| ||Support costs|||||||| ||Accountancy
fees||||1,920||1,920|1,919| ||Sundry expanses||||224||224|307| ||||||302,106||302,106|195/24| ||Grants Payable|||||||| ||||||||Total|Total| ||||||||2022|2021| ||Payroll grants|||||||| ||Keele University||||172,409||172,409|131+90| ||UHNMT||||5,164||5,164|18,120| ||Other|||||||| ||Keele University|research|||73,717||73,717|| ||Beth Johnson Foundation||||38,000||38,000|37,902| ||Total grant paid||||289/90||289@90|187312| ## ## |a~||||| |---|---|---|---|---| ||||2022|2021| |Cost orvaluation||||| |Market value at 1April
Additions
atcost
Disposal proceeds
Realised gains/(losses)
Unreslised
gains/(losses)|2021
on disposals
on revaluations||4,066,457
545,675
(642325)
(4,452)
(158,471)|3,121,601
274830
(383351)
76,737
977,140| |Market value at 31March||2022|3,806,884|4,066,457| |||||2021| |Portfolio valuation||||| |-Securities|||3,806,884|4,066,457| ||||3,806,884|4,066,457| |Realised gains on disposah||||| |||||2021| |||||f,| |value ofdispose
Disposal proceeds|||646,777
(642325)|306,614
(383,351)| |Net realised gates/(losses)|||(4,452)|76,737| ## ## ## |ebtors||| |---|---|---| |||2021| |Prepayments
and Accrued income||| |Prepaid expenses
Charles Stanley accrued mterest
Legacy|4,483|4,483
3,181
2,500| ||4,483|10,164| ## ## ## ||||2021| |---|---|---|---| |Net movement
m funds||(359,003)|978,842| |investment
mcome||(113/62)|(91,038)| |Lossesl(gams)
on mvestm(mts||162924|(1,053,877)| |Decrease/(mcrease)
in debtors||5,680|(2,597)| |Increase/(decrease)
in creditors||62,000|(73/99)| |Net cash used in operating|activities|(241961)|(242,069)|