ANNUAL REPORT
FOR THE YEAR TO 31 MARCH 2021
Contents | |
STRATEGIC REPORT | |
CHAIRMAN'S STATEMENT | 4 |
GROUP CHIEF EXECUTIVE OFFICER'S REPORT | 6 |
STRATEGY | 8 |
DIRECTORS | 8 |
SECTION 172(1) STATEMENT | 11 |
PRINCIPAL RISKS AND UNCERTAINTIES | 13 |
OPERATING AND FINANCIAL REVIEW | 13 |
GOVERNANCE | |
CORPORATE GOVERNANCE STATEMENT | 16 |
AUDIT COMMITTEE REPORT | 21 |
DIRECTORS' REMUNERATION REPORT | 23 |
CONSOLIDATED FINANCIAL STATEMENTS | |
REPORT OF THE DIRECTORS | 26 |
DIRECTORS' RESPONSIBILITIES STATEMENT | 27 |
INDEPENDENT AUDITOR'S REPORT | 28 |
CONSOLIDATED INCOME STATEMENT | 37 |
CONSOLIDATED STATEMENT OF FINANCIAL POSITION | 38 |
CONSOLIDATED CASH FLOW STATEMENT | 39 |
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY | 40 |
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS | 41 |
PARENT COMPANY FINANCIAL STATEMENTS | |
PARENT COMPANY STATEMENT OF FINANCIAL POSITION | 60 |
PARENT COMPANY STATEMENT OF CHANGES IN EQUITY | 61 |
NOTES TO THE PARENT COMPANY FINANCIAL STATEMENTS | 62 |
LETTER TO SHAREHOLDERS | 68 |
NOTICE OF THE ANNUAL GENERAL MEETING | 70 |
Annual Report & Accounts 2021 | 1 |
BOARD OF DIRECTORS AND ADVISORS
DIRECTORS | NOMINATED ADVISER |
W Brown - Executive Chairman | Shore Capital and Corporate Limited |
D Richmond - Group CEO | Cassini House |
C Stretton - Group COO | 57 St. James's Street |
J McKenna - Director of Clinical Marketing | London |
I Ardill - Non-Executive Director | SW1A 1LD |
G Berg - Non-Executive Director | |
J Ely - Non-Executive Director | STOCKBROKERS |
COMPANY SECRETARY | Shore Capital Stockbrokers Limited |
Cassini House | |
K M Full FCCA | 57 St. James's Street |
London | |
REGISTERED OFFICE | SW1A 1LD |
c/o Davidson Chalmers Stewart | Cenkos Securities plc |
163 Bath Street | 6,7,8 Tokenhouse Yard |
Glasgow | London |
G2 4SQ | EC2R 7AS |
HEAD OFFICE | LAWYERS |
2 Drummond Crescent | Davidson Chalmers Stewart |
Irvine | 163 Bath Street |
Ayrshire | Glasgow |
KA11 5AN | G2 4SQ |
web: www.rualifesciences.com | Burness Paull LLP |
email: info@rualifesciences.com | 50 Lothian Road |
Festival Square | |
Edinburgh | |
EH3 9WJ | |
REGISTRARS | |
Equiniti Limited | |
Aspect House | |
Spencer Road | |
Lancing | |
West Sussex | |
BN99 6DA | |
INDEPENDENT AUDITOR | |
Grant Thornton UK LLP | |
Statutory Auditor | |
Chartered Accountants | |
101 Cambridge Science Park | |
Milton Road | |
Cambridge | |
CB4 0FY |
Registered in Scotland, Company No. SC170071
Financial statements will be circulated to Shareholders and copies of the announcement will be made available from the Company's registered office. Dealings permitted on Alternative Investment Market (AIM) of the London Stock Exchange.
2 RUA Life Sciences plc
STRATEGIC REPORT