Caseware UK (AP4) 2023.0.135 2023.0.135 Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-291836574868898313765516656542137618362024-02-292023-03-01falseNo description of principal activity11 7957558 2023-03-01 2024-02-29 7957558 2022-03-01 2023-02-28 7957558 2024-02-29 7957558 2023-02-28 7957558 2023-03-01 7957558 2022-03-01 7957558 c:RegisteredOffice 2023-03-01 2024-02-29 7957558 d:OfficeEquipment 2023-03-01 2024-02-29 7957558 d:OfficeEquipment 2024-02-29 7957558 d:OfficeEquipment 2023-02-28 7957558 d:CurrentFinancialInstruments 2024-02-29 7957558 d:CurrentFinancialInstruments 2023-02-28 7957558 c:FRS102 2023-03-01 2024-02-29 7957558 c:IndependentExaminationCharity 2023-03-01 2024-02-29 7957558 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 7957558 b:Trustee1 2023-03-01 2024-02-29 7957558 b:Trustee3 2023-03-01 2024-02-29 7957558 b:Trustee5 2023-03-01 2024-02-29 7957558 b:Trustee7 2023-03-01 2024-02-29 7957558 b:Trustee8 2023-03-01 2024-02-29 7957558 b:Trustee9 2023-03-01 2024-02-29 7957558 b:Trustee10 2023-03-01 2024-02-29 7957558 b:RestrictedIncomeFunds 2023-03-01 2024-02-29 7957558 b:RestrictedIncomeFunds 2022-03-01 2023-02-28 7957558 b:TotalEndowmentFunds 2023-03-01 2024-02-29 7957558 b:TotalEndowmentFunds 2022-03-01 2023-02-28 7957558 b:RestrictedIncomeFunds 2024-02-29 7957558 b:RestrictedIncomeFunds 2023-02-28 7957558 b:TotalEndowmentFunds 2024-02-29 7957558 b:TotalEndowmentFunds 2023-02-28 7957558 b:TotalUnrestrictedFunds 2024-02-29 7957558 b:TotalUnrestrictedFunds 2023-02-28 7957558 b:TotalRestrictedIncomeFunds 2024-02-29 7957558 b:TotalRestrictedIncomeFunds 2023-02-28 7957558 c:FullAccounts 2023-03-01 2024-02-29 xbrli:pure iso4217:GBP

Registered number: 7957558
Charity number: 1148789










UKPIPS
(A company limited by guarantee)







UNAUDITED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

 
UKPIPS
 
(A company limited by guarantee)
 

CONTENTS



Page
Reference and administrative details of the company, its Trustees and advisers
1
Trustees' report
2 - 6
Independent examiner's report
7
Statement of financial activities
8
Balance sheet
9 - 10
Notes to the financial statements
11 - 22

 
UKPIPS
 
(A company limited by guarantee)
 

REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 29 FEBRUARY 2024



Trustees
Margaret Anne Fuller (resigned 19 August 2023)
Paul Michael Harris, Trustee (appointed 30 March 2022, resigned 18 May 2023)
Susan Jane Dimmock, Chair (appointed 10 March 2023)
Gary Narborough (appointed 1 April 2023)
David Cohen (appointed 1 April 2023)
Judith Gower (appointed 24 February 2024)
Andrew Morris (appointed 24 February 2024)


Company registered number
7957558

Charity registered number
1148789

Registered office
Marine House
151 Western Road
Haywards Heath,
RH16 3LH

Accountants
GMBC LLP
Chartered Tax Advisers and Accountants
Marine House
151 Western Road
Haywards Heath
West Sussex
RH16 3LH

Scottish charity registered  number
SC044636

Page 1

 
UKPIPS
 
(A company limited by guarantee)
 
  
TRUSTEES' REPORT
FOR THE YEAR ENDED 29 FEBRUARY 2024

The Trustees present their annual report together with the financial statements of UKPIPS for the  1 March 2023 to 29 February 2024The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). 
 

Since the company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
 

Objectives and activities
 

a. Policies and objectives
 

The charity’s objectives are:
• To provide information and support for patients (and their carers, partners and family) with a Primary
          Antibody Deficiency (PAD) and other Primary Immune Deficiencies (PID), residing permanently or 
          temporarily in the United Kingdom
• To establish a volunteer medical panel comprising appropriate experts
• To advance the education of the general public and medical community in all areas relating to a Primary
           Antibody Deficiency and other Primary Immune Deficiencies
• To promote the social and medical welfare of people with a Primary Antibody Deficiency and other
           Primary Immune Deficiencies
• To encourage research into Primary Antibody Deficiency and other Primary Immune Deficiencies
• To champion recognition and representation
• To expand activities from time to time in any way that may be consistent with the foregoing to
           bring benefit to the community of people in the UK with a Primary Antibody Deficiency and other Primary
           Immune Deficiencies
 

In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
The aims of our charity are to provide anyone with a Primary Immune Deficiency or a Primary Antibody Deficiency, their carers and friends a place where they can find advice and support.
 

Page 2

 
UKPIPS
 
(A company limited by guarantee)
 
Objectives and activities (continued)

b. Activities undertaken to achieve objectives
 

Each year the trustees review UKPIPS’ aims and objectives and activities, and the achievements in the previous 12 months. It has again been a difficult year for our community, volunteers and medical panel, all of whom have been contending with the aftermath of Covid-19 and the difficulties of the health service within all countries of the United Kingdom.  We have continued to provide information and support through our website, Facebook pages, Zoom meetings, a community event and LinkedIn. 
Our priorities for the year were identified as:

To ensure a more sustainable future by recruiting 2 or 3 trustees so that there is a continuing pool of                                        knowledge and expertise for the charity and its functions.
To identify which trustees will lead each of the key activities by UKPIPs.
To look for more ways to be funded.
To increase the number of volunteers to allow the whole UK to be covered.
To develop a mechanism for benefits advice, advocacy, and information provision.
To introduce a newsletter for regular community updates
 

Achievements and performance
 

a. Review of activities
 

• Ten people showed an interest in volunteer roles with the charity, but only one of these materialised into a  volunteer role (Stephen John) as time, health and suitability issues prevented further appointments.
• Trustee roles and responsibilities were maintained with Margaret Fuller retaining her Chair role through to the AGM and Sue Dimmock continuing with her NHS responsibilities.  
• Unfortunately, in the early part of 2023 our long-serving and valued IT volunteer had to take a break from his  responsibilities for medical treatment.  Fortunately, David Cohen’s IT background gave us a useful opportunity for advice on any related issues.  We are very grateful to Nigel Goode for all his system maintenance work as he  underwent treatment.  Gary Narborough assumed responsibility for advocacy and benefits and will undergo  training, once a suitable online course is sourced.
• UKPIPS continues to provide information and support through our website; new newsletter (launched in July  2023); Facebook; LinkedIn; YouTube; weekly Zoom meetings and by mail for those who do not have access to IT. We are grateful for the support of our volunteers who help to update our social media platforms (Carol Hassard and Emma Coldray) and to Michael Howell for his support with the Friday Zoom meetings.
• Eighteen enquiries have been received through the website contact form during the year and all have been responded to by one or more of the trustees.  Some have taken a considerable amount of time, such as a query from someone who was moving to the UK with his wife who had an immune deficiency.   
• We have supported campaigns with NHSBT, to increase plasma donors, and Forgotten Lives, on prophylactic Covid treatments for immunocompromised individuals.  We have been directly involved in one student project this year, researching the UK’s plasma donation policy.
• In terms of funding, the Pinball Surgery in July raised over £1700 and a coffee morning in August raised £120.  Give As You Live continues to support with donations from online purchases.  This year UKPIPS was very fortunate to receive a bequest of £5,000 from the will of Chris Shaw, at the end of 2023. UKPIPS is grateful to our Treasurer, Dave McNally for all his work on the charity’s finances and for ensuring we meet the reporting needs of the Charities Commission and Companies House.  The launch of the Charities Commission’s new website in October created significant access issues for us, and many other charities.  Due to this, and difficulties contacting the Commission, access was not fully resolved until February 2024.  As a result, our accounts were submitted 13 days late.
 
Page 3

 
UKPIPS
 
(A company limited by guarantee)
 
Achievements and performance (continued)


• During the year, the UKPIPS’ network access storage (NAS) was successfully replaced and relocated together with a UPS installation as an additional security measure.  David Cohen’s company (Mason Advisory Ltd.) very kindly donated a laptop to UKPIPS to replace a failing one.
• Following the successful Community Day in February 2023, a video of the event was uploaded onto YouTube, our website and our other principal social media platforms (Facebook and LinkedIn).
• Having achieved PIFTick accreditation in 2022, our annual re-assessment was carried out in 2023 and accreditation was successfully retained at the end of May.  UKPIPS is very grateful to Carolyn Middleton for all her work on PIFTick and her ongoing support to the trustees, in her administration role.
• The charity continues to be represented at a senior NHS level with Sue Dimmock sitting as a Patient and Public Voice (PPV) on the Medicines Optimisation Clinical Reference Group (MOCRG) and being appointed to the Immunology and Allergy Clinical Reference Group (I&ACRG) in March 2023.  The I&ACRG has been focussing its efforts during the year on been updating the 2013 Immunology and Allergy Service Specification. Sue was also more recently asked to sit on the Medicines Optimisation Delivery Group which translates the NHS England national medicines optimisation priorities into a delivery programme, for adoption across the NHS. Sue attended an All-Party Parliamentary Group looking at the effects of Mental Health during Covid and continues to work with a coalition of charities to ensure the impacts of Covid on the immunocompromised are not ignored. 
 

Financial review
 

a. Going concern
 

After making appropriate enquiries, the Trustees have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
 

b. Principal funding
 

Our funding comes from donations from members of the UKPIPS community and support from pharmaceutical companies.
 

c. Financial Review
 

During the year our community and volunteers have continued to be vulnerable to infection and so the charity has undertaken few physical activities. Therefore, funds have been used for improving electronic means of communication, our work with other organisations, and staffing and professional fees.  
Other funding comes through donations from the community and legacy donations. We are extremely grateful for this generosity. 
 
 

Page 4

 
UKPIPS
 
(A company limited by guarantee)
 
Structure, governance and management
 

a. Constitution
 

UKPIPS is a charitable company limited by guarantee and was set up by a Memorandum of Association and incorporated on 21 February 2012. It is registered with the Charity Commission in England and Wales no 1148789 and with the Office of the Scottish Charity Regulator in Scotland no SC044636.
 

b. Methods of appointment or election of Trustees
 

The management of the company is the responsibility of the Trustees who are elected and co-opted under the terms of the Articles of Association.
 

c. Organisational structure and decision-making policies
 

The management of the charity is undertaken by the Trustees, acting as the management company, with support from the volunteer treasurer, administrative assistant and UKPIPS members.  We are grateful to our accountants who help to ensure that we keep proper accounting records and that accounting policies are applied consistently. The administrative assistant, with support from the IT volunteer, ensures that other records are held appropriately and conform to legal requirements. All policies are agreed by the Trustees and held in the central IT system, with the supporting procedures and updates.
The financial year started with only one remaining trustee following the resignation of Paul Harris.  Sue Dimmock stood in as a co-opted trustee to assist Margaret Fuller.  A recruitment drive was launched and two further trustees were appointed in April 2023 (David Cohen and Gary Narborough).  All new trustees were formally appointed to their roles at the AGM in August 2023. 
 

The Trustees are pleased to advise that at the time of signing the Annual Report and Accounts, 5 Trustees have been co-opted to the Board.   
After many years of service to UKPIPS, Margaret Fuller retired at the AGM in September.  UKPIPS puts on record its thanks for all her work up to this point and for all the work she continues to undertake on policies, in her volunteer voting member role. 
This retirement resulted in a second recruitment drive for volunteers and trustees and two further trustees were appointed at an EGM in late February 2024.  UKPIPS welcomes Judith Gower and Andrew Morris to the charity as co-opted trustees, who will be formally appointed at the AGM later in 2024.
Attempts were made to recruit to the Medical Panel but, despite two promising leads, no new members were available to be appointed
 

Plans for future periods
 

To recruit further volunteers so that there is a continuing pool of knowledge and expertise underpinning    
          the charity and its functions, allowing for succession planning.
To develop a business plan for the charity that aligns to trustee skills and capabilities.
• To formalise policies that meet the needs of the charity and the Charities Commission.
• To review the Memorandum and Articles of Association and decide if there is a better operating model for     the charity.
• To review the charity’s financial model and generate charity income from new sources to remain viable.
 

Members' liability
 

The Members of the company guarantee to contribute an amount not exceeding £1 to the assets of the company in the event of winding up.
 

Page 5

 
UKPIPS
 
(A company limited by guarantee)
 
Statement of Trustees' responsibilities
 

The Trustees (who are also the directors of the company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).


Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles of the Charities SORP (FRS 102);
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.


The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.


 

Approved by order of the members of the board of Trustees and signed on their behalf by:




Susan Jane Dimmock
(Chair of Trustees)
Date: 18 November 2024
Page 6

 
UKPIPS

(A company limited by guarantee)
 
 
 
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 29 FEBRUARY 2024

Independent examiner's report to the Trustees of UKPIPS ('the company')
 
I report to the charity Trustees on my examination of the accounts of the company for the year ended 29 February 2024.

Responsibilities and basis of report

As the Trustees of the company (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the company's accounts carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.
accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

2.
the accounts do not accord with those records; or

3.
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or

4.
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].


I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

This report is made solely to the company's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008My work has been undertaken so that I might state to the company's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the company's Trustees as a body, for my work or for this report.




Signed:      Dated: 18 November 2024

Graham Hole     

GMBC LLP
Chartered Tax Advisers and Accountants
Marine House
151 Western Road
Haywards Heath
West Sussex
RH16 3LH
Page 7

 
UKPIPS
 
(A company limited by guarantee)

 
 
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 29 FEBRUARY 2024


Restricted funds
2024
Unrestricted funds
2024
Total
funds
2024
Total
funds
2023
Note
        £
        £
        £
        £

Income from:







Donations and legacies

3

-

8,198

8,198

12,079
 
Investments

4

-

446

446

83
 
Total income
-
8,644
8,644
12,162
Expenditure on:







Charitable activities

5

230

9,804

10,034

12,131
 
Total expenditure
230
9,804
10,034
12,131

Net movement in funds
  
(230)
(1,160)
(1,390)
31

Reconciliation of funds:

  





Total funds brought forward

  

918

28,743

29,661

29,630
 
Net movement in funds

  

(230)

(1,160)

(1,390)

31
 
Total funds carried forward
  
688
27,583
28,271
29,661

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 11 to 22 form part of these financial statements.

Page 8

 
UKPIPS
 
(A company limited by guarantee)
REGISTERED NUMBER: 7957558

 
 
BALANCE SHEET
AS AT 29 FEBRUARY 2024


29 February
28 February
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 10 
721
962

  
721
962

Current assets
  

Cash at bank and in hand
  
29,584
30,536

  
29,584
30,536

Creditors: amounts falling due within one year
 11 
(2,034)
(1,837)

Net current assets 
  
 
 
27,550
 
 
28,699

Total assets less current liabilities
  
28,271
29,661

Total net assets 
  
28,271
29,661


Charity funds
  

Restricted funds
 13 
688
918

Unrestricted funds
 13 
27,583
28,743

Total funds
  
28,271
29,661

Page 9

 
UKPIPS
 
(A company limited by guarantee)
REGISTERED NUMBER: 7957558

 
 
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024

The company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.

The financial statements were approved and authorised for issue by the Trustees on 18 November 2024 and signed on their behalf by:





Susan Jane Dimmock
(Chair of Trustees)

The notes on pages 11 to 22 form part of these financial statements.

Page 10

 
UKPIPS

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

UKPIPS is a private charitable company, limited by guarantee, domiciled in England and Wales,
registration number 7957558. The registered charity number is 1148789. The charity is also registered in Scotland and the charity number is SC044636. The registered office address is Marine House, 151 Western Road, Haywards Heath, West Sussex RH16 3LH.


2.Accounting policies

  
2.1

Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

UKPIPS meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

  
2.2

Income

All income is recognised once the company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

The recognition of income from legacies is dependent on establishing entitlement, the probability of receipt and the ability to estimate with sufficient accuracy the amount receivable. Evidence of entitlement to a legacy exists when the company has sufficient evidence that a gift has been left to them (through knowledge of the existence of a valid will and the death of the benefactor) and the executor is satisfied that the property in question will not be required to satisfy claims in the estate. Receipt of a legacy must be recognised when it is probable that it will be received and the fair value of the amount receivable, which will generally be the expected cash amount to be distributed to the company, can be reliably measured. 

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Page 11

 
UKPIPS

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

  
2.3

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity.
Expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the company's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

  
2.4

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the company; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

 
2.5

Tangible fixed assets and depreciation

Tangible fixed assets costing £100 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. 

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25% reducing balance

  
2.6

Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Page 12

 
UKPIPS

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)


2.7

Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.

  
2.8

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

  
2.9

Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the company and which have not been designated for other purposes.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

Page 13

 
UKPIPS

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

3.

Income from donations and legacies





Restricted funds
2024
Unrestricted funds
2024
Total
funds
2024
Total
funds
2023
        £
        £
        £
        £
Grants





 
CSL Behring

-

-

-

1,224
 
Takeda UK Ltd

-

-

-

8,150
 
Subtotal detailed disclosure



-
-
-
9,374
Donations

-

8,198

8,198

2,503
 
Legacies

-

-

-

202
 
Total 2024


-
8,198
8,198
12,079
Total 2023


9,374
2,705
12,079

Page 14

 
UKPIPS

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

4.

Investment income




Unrestricted funds
2024
Total
funds
2024
Total
funds
2023
        £
        £
        £




Interest on cash

446

446

83
 
Total 2023


83
83



5.

Analysis of expenditure on charitable activities


Summary by fund type





Restricted funds
2024
Unrestricted funds
2024
Total
2024
Total
2023
        £
        £
        £
        £





Promote and protect sufferers of Primary Immune Deficiencies

230

9,804

10,034

12,131
 
Total 2023


8,456
3,675
12,131


6.

Analysis of expenditure by activities




Support costs
2024
Total
funds
2024
Total
funds
2023
        £
        £
        £




Promote and protect sufferers of Primary Immune Deficiencies

10,034

10,034

12,131
 
Total 2023


12,131
12,131


Page 15

 
UKPIPS

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

6.Analysis of expenditure by activities (continued)

Analysis of support costs




Promote and protect sufferers of Primary Immune Deficiencies
2024
Total
funds
2024
Total
funds
2023
        £
        £
        £




Staff costs

6,429

6,429

5,980
 
Depreciation

241

241

321
 
Office supplies

-

-

92
 
Communication costs

72

72

72
 
Computer costs

357

357

224
 
Postage

2

2

8
 
Sundry expenses

198

198

354
 
Promotion

14

14

2,400
 
Insurance

626

626

586
 
Loss on disposal of fixed asset

-

-

288
 
Accountancy

1,615

1,615

1,340
 
Bank charges

60

60

46
 
PIF - Quality Mark Accreditation

420

420

420
 
Total 2024


10,034
10,034
12,131
Total 2023


12,131
12,131


7.

Independent examiner's remuneration

2024
2023
£
£

Fees payable to the company's independent examiner for the independent examination of the company's annual accounts
720
690

Fees payable to the company's independent examiner in respect of:

All other services not included above
757
650

Page 16

 
UKPIPS

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

8.



Staff costs


2024
2023
£
£


Wages and salaries
6,429
5,980

6,429
5,980



The average number of persons employed by the company during the year was as follows:


2024
2023

No.
No.


Administration
1
1

No employee received remuneration amounting to more than £60,000 in either year.





9.


Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2023 - £NIL).

During the year ended 29 February 2024, no Trustee expenses have been incurred (2023 - £NIL).

Page 17

 
UKPIPS

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

10.


Tangible fixed assets






Office equipment

£


Cost or valuation

At 1 March 2023
1,283


At 29 February 2024

1,283


Depreciation

At 1 March 2023
321

Charge for the year
241


At 29 February 2024

562


Net book value


At 29 February 2024
721


At 28 February 2023
962


11.



Creditors: Amounts falling due within one year


29 February
28 February
2024
2023
£
£


Other taxation and social security
8
8

Other creditors
549
490

Accruals
1,477
1,339

2,034
1,837

Page 18

 
UKPIPS

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

12.



Financial instruments


29 February
28 February
2024
2023
£
£

Financial assets

Financial assets measured at amortised cost
29,584
30,536

29 February
28 February
2024
2023
£
£

Financial liabilities

Financial liabilities measured at amortised cost
2,034
(1,829)

Financial assets measured at amortised cost comprise cash at bank and in hand.

Financial liabilities measured at amortised cost comprise other creditors and accruals.

Page 19

 
UKPIPS

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

13.

Statement of funds


Statement of funds - current year

Balance at 1 March 2023
£
Income
£
Expenditure
£
Balance at 29 February 2024
£

Unrestricted funds





General Funds - all funds

28,743

8,644

(9,804)

27,583
 

Restricted funds






Restricted Funds - all funds

918

-

-

918
 
Laptops and other hardware

-

-

(230)

(230)
 



918
-
(230)
688

Total of funds


29,661
8,644
(10,034)
28,271



 

Page 20

 
UKPIPS

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

13.

Statement of funds (continued)



Statement of funds - prior year

Balance at
1 March 2022
£
Income
£
Expenditure
£
Balance at
28 February 2023
£

Unrestricted funds





General Fund

29,630

2,788

(3,675)

28,743
 


Restricted funds






Payroll and other overheads

-

8,150

(8,150)

-
 
Laptops and other hardware

-

1,224

(306)

918
 



-
9,374
(8,456)
918


Total of funds


29,630
12,162
(12,131)
29,661

Page 21

 
UKPIPS

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

14.

Analysis of net assets between funds

Analysis of net assets between funds - current period

Restricted funds
29 February
2024
Unrestricted funds
29 February
2024
Total
funds
29 February
2024
        £
        £
        £



Tangible fixed assets

(230)

951

721

Current assets

-

29,584

29,584

Creditors due within one year

-

(2,034)

(2,034)

Difference

918

(918)

-

Total 


688
27,583
28,271



Analysis of net assets between funds - prior period

Restricted funds
28 February
2023
Unrestricted funds
28 February
2023
Total
funds
28 February
2023
        £
        £
        £



Tangible fixed assets

918

44

962

Current assets

-

30,536

30,536

Creditors due within one year

-

(1,837)

(1,837)

Total 

918
28,743
29,661


15.


Scottish charity registration

On 7 February 2014 UKPIPS registered as a charity under the Charities and Trustee Investment
(Scotland) Act 2005. It is entered on the Scottish Charity Register under number SC044636. The charity
trustees for UKPIPS are jointly responsible for running the charity and complying with Scottish charity
regulations.

Page 22