| Page | |
|---|---|
| Trustees' Report | 1—5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities (including Income and Expenditure Account) | 7 |
| Comparative Statement of Financial Activities (including Income and Expenditure Account) | 8 |
| Balance Sheet | 9—10 |
| Notes to the Financial Statements | 11—16 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Statement of Financial Activities (including Income and Expenditure Account) | 17 |
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Trustee
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| 2025 | 2024 | ||||
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| Unrestricted funds | Restricted funds | Total funds | Total funds | ||
| Notes | £ | £ | £ | £ | |
| INCOME AND ENDOWMENTS FROM: | |||||
| Donations and legacies | 3 |
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| Investments | 4 |
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| EXPENDITURE ON: | |||||
| Charitable activities: | 5 | ||||
| Research Grants and Symposium |
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| Other Resources Expended |
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( |
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( |
( |
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| NET INCOME/(EXPENDITURE) BEFORE INVESTMENT GAINS/(LOSSES) | 21,823 | 1,568 | 23,391 | (1,764) | |
| Net gains on investments |
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| NET INCOME/(EXPENDITURE) |
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| NET MOVEMENT IN FUNDS |
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| RECONCILIATION OF FUNDS: | |||||
| Total funds brought forward |
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| TOTAL FUNDS CARRIED FORWARD | 13 |
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| 2024 | ||||
|---|---|---|---|---|
| Unrestricted funds | Restricted funds | Total funds | ||
| Notes | £ | £ | £ | |
| INCOME AND ENDOWMENTS FROM: | ||||
| Donations and legacies | 3 |
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| Investments | 4 |
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| EXPENDITURE ON: | ||||
| Charitable activities: | 5 | |||
| Research Grants and Symposium |
( |
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( |
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| Other Resources Expended |
( |
( |
( |
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( |
( |
( |
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| NET EXPENDITURE BEFORE INVESTMENT LOSSES | (287) | (1,477) | (1,764) | |
| Net gains on investments |
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| NET EXPENDITURE |
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| NET MOVEMENT IN FUNDS |
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| RECONCILIATION OF FUNDS: | ||||
| Total funds brought forward |
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| TOTAL FUNDS CARRIED FORWARD | 13 |
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| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Unrestricted funds | Restricted funds | Total funds | Total funds | ||
| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Debtors | 10 |
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| Investments | 11 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 12 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| FUNDS OF THE CHARITY | |||||
| Restricted Funds |
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| Unrestricted Funds |
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| TOTAL FUNDS | 13 |
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Trustee
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| 2025 | 2024 | |
|---|---|---|
| Unrestricted | Unrestricted | |
| funds | funds | |
| £ | £ | |
| Donations and gifts |
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| 2025 | |||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| £ | £ | £ | |
| Interest from investments | 3,000 | 17 | 3,017 |
| Dividends from investments | - | 2,251 | 2,251 |
| 3,000 | 2,268 | 5,268 | |
| 2024 | |||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| £ | £ | £ | |
| Interest from investments | 842 | 1,924 | 2,766 |
| Dividends from investments | - | 2,271 | 2,271 |
| 842 | 4,195 | 5,037 | |
| 2025 | ||||
|---|---|---|---|---|
| Activities undertaken directly | Grant funding of activities (see note 6 ) |
Support costs (see note 7 ) |
Total | |
| £ | £ | £ | £ | |
| Other Resources Expended |
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- |
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| Research Grants and Symposium |
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8,147 |
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| 1,008 |
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47,275 | |
| 2024 | ||||
|---|---|---|---|---|
| Activities undertaken directly | Grant funding of activities (see note 6 ) |
Support costs (see note 7 ) |
Total | |
| £ | £ | £ | £ | |
| Other Resources Expended |
( |
5,000 |
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| Research Grants and Symposium |
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9,000 |
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| (110) |
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52,008 | |
| 2025 | ||||
|---|---|---|---|---|
| Grants to | Grants to | |||
| Institutions | Individuals | Support costs | Total | |
| £ | £ | £ | £ | |
| Other Resources Expended | - | - | - | - |
| Research Grants and Symposium | 8,147 | - | 8,147 | 16,294 |
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16,294 | |
| 2024 | ||||
|---|---|---|---|---|
| Grants to | Grants to | |||
| Institutions | Individuals | Support costs | Total | |
| £ | £ | £ | £ | |
| Other Resources Expended | - | 5,000 | - | 5,000 |
| Research Grants and Symposium | 9,000 | - | 9,000 | 18,000 |
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23,000 | |
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
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- |
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- |
| 8,147 | 9,000 | |
| 2025 | |
|---|---|
| Other Resources Expended | |
| £ | |
| Employee costs | 35,863 |
| General administration | 2,257 |
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| 2024 | |
|---|---|
| Other Resources Expended | |
| £ | |
| Employee costs | 35,863 |
| General administration | 2,255 |
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| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Wages and salaries |
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| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Other debtors | 266 | 227 | |
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Listed investments | 195,287 | 186,321 | |
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Other creditors | 2,472 | 2,950 | |
| As at 1 September 2024 | Income | Expenditure | As at 31 August 2025 | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General: | ||||
| General unrestricted fund |
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( |
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| Restricted funds | ||||
| Harvard Donation | 649 | - | 2 | 651 |
| Glenn Irvine Prize Fund | 117,700 | 2,268 | 6,697 | 126,665 |
| Jeans for Genes | 3,500 | - | - | 3,500 |
| Total restricted funds |
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| Total funds |
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( |
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| As at 1 September 2023 | Income | Expenditure | As at 31 August 2024 | |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General: | ||||
| General unrestricted fund |
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|
( |
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| Restricted funds | ||||
| Harvard Donation | 651 | - | (2) | 649 |
| Glenn Irvine Prize Fund | 111,333 | 4,195 | 2,172 | 117,700 |
| Jeans for Genes | 3,500 | - | - | 3,500 |
| Total restricted funds |
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| Total funds |
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( |
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| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Travel |
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| 2025 | 2024 | |
|---|---|---|
| Total funds | Total funds | |
| £ | £ | |
| INCOME AND ENDOWMENTS FROM: | ||
| Donations and legacies | ||
| Donations and gifts | 65,398 | 45,207 |
| 65,398 | 45,207 | |
| Investments | ||
| Dividends from other current asset investments - listed | 2,251 | 2,271 |
| Interest from other current asset investments - listed | 3,017 | 2,766 |
| 5,268 | 5,037 | |
| 70,666 | 50,244 | |
| EXPENDITURE ON: | ||
| Charitable Activities: | ||
| Other Resources Expended | ||
| Travel Expense | (1,007) | - |
| Glenn Irvine Prize | - | (5,000) |
| Foreign exchange (deficit)/surplus | (1) | 110 |
| Wages and salaries | (35,863) | (35,863) |
| IT Expenses | (307) | (307) |
| Accountancy fees | (952) | (906) |
| Rathbones' Fees | (700) | (672) |
| Bank charges | (148) | (199) |
| Sundry expenses | (150) | (171) |
| (39,128) | (43,008) | |
| Research Grants and Symposium | ||
| Grants for Research | (8,147) | (9,000) |
| (8,147) | (9,000) | |
| (47,275) | (52,008) | |
| NET INCOME/(EXPENDITURE) BEFORE INVESTMENT GAINS/(LOSSES) | 23,391 | (1,764) |
| Net gains on investments | ||
| Surplus on revaluation of investments | 7,398 | 7,842 |
| 7,398 | 7,842 | |
| NET INCOME | 30,789 | 6,078 |