The International Concussion and Head Injury Research Foundation Limited

DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we​ have prepared for your approval​​ the financial statements of The International Concussion And Head Injury Research Foundation Limited for the year ended 31 December 2025 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm​​ of the Institute of Chartered Accountants in England and Wales, we are​​ subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation​.

It is your duty to ensure that The International Concussion And Head Injury Research Foundation Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and (loss)/profit of The International Concussion And Head Injury Research Foundation Limited. You consider that The International Concussion And Head Injury Research Foundation Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the financial statements of The International Concussion And Head Injury Research Foundation Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report is made to the board of Directors​ of The International Concussion And Head Injury Research Foundation Limited, as a body​, in accordance with the terms of accountants' engagement letter dated 18 March 2026​. Accountants' work has been undertaken so that the we might compile the financial statements that we have been engaged to compile, report to the Company's board of Directors that we have done so​​ and state those matters that we​​ have agreed to state to them​​​​​ in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we​ do not accept or assume responsibility to anyone other than The International Concussion And Head Injury Research Foundation Limited and its board of Directors, as a body, for accountants' work or for this report.

Haggards Crowther LLP​
​Chartered Accountants​
​2nd floor, Heathmans House​
​19 Heathmans Road​
​London​
​SW6 4TJ

21 April 2026 

For the year​ ending 31 December 2025, 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 in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their​ responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements

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

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

The Company has opted not to file the Statement of income and retained earnings in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf:

Date: 21 April 2026 

The International Concussion and Head Injury Research Foundation Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 09558533 and its registered address is The International Concussion and Head Injury Research Foundation Limited, 1st Floor Iseh Building, 170 Tottenham Court Road, , United Kingdom, London, W1T 7HA.

The financial statements have been prepared under the historic cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of ​Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' (FRS 102) and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's​ accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements, are disclosed in note 3.

The Company's functional and presentational currency is the Pound Sterling.

The financial statements contain information about The International Concussion and Head Injury Research Foundation Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Website development are being amortised evenly over their estimated useful life of Nil years.

Computer software is being amortised evenly over its estimated useful life of Nil years.

Tangible fixed assets are initially recognised at cost. Cost includes the purchase price and any costs directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

All tangible fixed assets are considered to have a finite useful life.

Depreciation is calculated to allocate the depreciable amount of tangible fixed assets to their residual values over their estimated useful lives on the following basis​: straight line over 4 years.

Investments in subsidiaries are measured at cost.

Cash and cash equivalents include cash in hand, deposits with financial institutions repayable without penalty on notice of not more than 24 hours, other highly liquid investments that mature in no more than three months from the date of acquisition and bank overdrafts. Bank overdrafts, where applicable, are shown within 'Creditors: amounts due within one year'.

Financial instruments are classified and accounted for according to the substance of the contractual agreement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

The company's investment at the Balance Sheet date in the share capital of companies include the following:

ICHIRH (Ireland) Limited (incorporated 3 May 2019)

Registered office: 40 Upper Mount Street Dublin 2, Ireland

Nature of business: Research into Head Injuries.

ICHIRF (Ireland) Limited has ceased trading and there was no activity during the year ended 31 December 2025. The company is in the process of being dissolved and will be formally dissolved in due course.

Included within the year end creditors balance is an amount owed by the company to Dr M Turner of £927 (2024: £8,000). Throughout the year, total withdrawals of funds amounted to £8,000 (2024: £Nil), with total deposits of £927 (2024: £8,000). The outstanding balance is unsecured, repayable on demand and not subject to interest.