Diabetes Research and Wellness Foundation IA Company Limi*d by Guarants&l Charity Number: 1070607 Company Number: 03496304 Flnanclal Ststsments For the year ended 31-Doc-22 Diabetes Research and Wellness Foundation INDEX Page Report of the Trustees 1to24 Independent Auditors, Report 25to28 Stat8ment of Financial Activities Balance Sheet 30 Statement of Cash Flows 31 Notes to the Financial Slaternents 32to40 Diabetes Research Wellness Foundation Diabetes Research and Wellness Foundation (DRWF) (A Company Limited by Guarantee) REPORT & FINANCIAL STATEMENTS For the year ended 31 December 2022 Registered Charity Number.. 1070607 Cornpany Number: 03496304 on Megan, who has Type I diab8tes. conqu•F•d h•r fgar ofheights by ab$elllng th• Splnnaker To¥v•r, Portsmouth to ralse •w•r•ness and fvnds lor DRWF. Here she is wlth Dad, Slmon. who has type 2 di&bete¥. THANK YOUI To everyone who has donated. volunteered theirtlme. or undertaken 3n activity to support us. Your contribution makes all the difference, meaning that we can carry out awareness, educational programmes and rese2rch funding 3ttivities to ensure that people with diabetes are 'Staying well until a cure isAound... THANK YOUI for being part of a powerful community who are intent on investing in a brighter future fof all people with diabetes #StrongerTogether Dlabete51e5e4￿1 {* WeUnèssFOundaD Message from our Co-Founder & Chairman - Michael Gretschel After two very challenging years, we were keen to resume our community activities, with the year seèingthe return of our residential Tl Family Camp, the flrst slnce 2019, as well as continuing our virttjal Camp in the Cloud. We were able to run three Diabetes Wellne55 Days in the South, Midlands. and Northeast. and whilst all of these activities were well-attended, there was still an understandable nervousness about coming together after a prolonged period of isolation, There is no doubt that the whole nation has been affected by the pandemic, but It W35 ar8uably a more challenging time for p￿pIe living with diabetes and other long-term conditions. It was wonderful to be able to reconnect and renew ovr support in person. to See familiar faces and meet new friends from 3cros5 the dlabetes ¢ommunitV* sharing stories of hope and detemilnation. Whilst we started the year wlth a renewed enef8y, it was clear that there would be ongoing challenges. Our hèarts went out to the people of Ukraine as war was declared in March, and we were pleased to be able to loln forces wlth local groups by making a modest contributlon of wam clothln& diabetes awareness items and hypo treatments. As inflation soared and the cost of living rose rapldlyi It was clear that we would have to remaln adaptable and flexible In our beneficiary programmes. In times of financial uncertainty and pressure. it is often people livlnÉ wlth health challenges who are impacted the most, so we were keen to ensure that we continued to meet the most Important needs. The fundralslng landscape remains very challenging and whilst we endeavour to navigate these pressures, we continue to focus on diversifving our income streams to ensure that we are robust and fit for purpose and contlnue to make a difference to the everyday lives of people with diabetes. Relying almost entirely on voluntary and fundraised income. none of our work would be possible without our amazing donors and 5UPPOrters who make us what we are. We are truly Brateful to every indivldual who has contributed to the continued 5ucces5 of the charity. helplng us to ensure that people with diabetes are 'Stoylng well until a cure islound... Finally, as we approach our 25 ?nniversaryyear, we must thank our staff, advisory board member5 and volunteers. It 15 because of the hard work, commitment, and tenacity that we have been able to help more people than ever before. Thank you. Mlke Gret$chel March 2023 TRUSTEES ANNUAL REPORT FYE2022 DièbotÈs Researth E* Wthe55Foundwon Report of the trustees for the year ended 31st December 2022 The trustees are pleased to present their report and message from the Chaimian tU8ether with audited financial statements for the year ended 31 December 2022. The financial Statements comply with the Charities Art 2011,. the Companies Act 2006,. the Memorandum and Articles of Associatlon and are prepared in accordance with the Financial Reporting Standard applltable in the UK and Republic of Ireland IFRS 102 Charities SQRPI (effective from I" January 20151. Our purpose, aims and activitles The objects of the charSty are.. To assist in the relief of persons with diabetes and any similar or related dlseases or conditions To ralse publlc awareness about diabetes and any Similar or related dlseases or conditions, thelr incidence, causes. treatment. avoidance. and relief The focus of our work Havlng had two years of very little communlty interactlon over 2020121 due to the pandemlc. it W35 heartenlng In the early part of 2022 to See an initial surge of interest in returning to in-person events and activSties. This was somewhat 5hort-Ilved however, due to the increaslng cost of living with rapidly rislng inflation and soarin8 energy prlces, as well a5 a groundswell of support In response to the Ukraine war. Whilst our initial focus was understandably on stabilislng our financial position having come through what has been descrlbed as 'the perfert storm,. it has been upperrn￿t in our minds that financial uncertainty, rising costs, loss of jobs and increasing poverty all have a sl8nificant effect on both ph￿ICal and mental health. Even more so when living with a chronic long-term condition, such as diabetes. We saw numerous new5 articles and reports durlng the yeor about the significant increase In numbers of people needlng to use food banks, with an upward trajectory of people not being able to accèss healthy or nutritiousfoods. Healthy eating is important for everyone but especially so for people living with diabetes as It Is central to maintaSnin8 blood 8lvcose control in order to reduce the risk of compllcatlons. Some of which can be debIl￿atIng, life limitin8 and life threatenlng. Oeprivation is assOCl8ted wlth higher levels of obesity and physical inartNity which can negatively irnpact on all aspects of health and increase the risk of Type 2 diabetes. Financlal Uncertainty 3150 increases soclal Isolation and auses 5Sgnlficant stress whlch can lead to depresslon. All of which can impact on blood glucose levels,. diabetes managemerst and ultimately lea(1 to poorer health outcomes. Our priority in 2022 was to remain visible and accèssible to everyone affected by dlpbetes that Treeded our help. Supported self-management of di3bete5 is central to reducing the risks asso¢lated with complicatlOP5 and therefore our aim was to do more to understand need 2nd provide inforn)ation and educational support pmgrammes that provide the practical tools to support and encourage a pro-active approach to good self-care. We consider that thoge with the greatest knowledge of their condition will have a better understanding of the disease and will be better equipped to have an impact on the progression of their diabetes and any associated complications. Our Diabetes Wellness activities, both in the community and virtual, provide a great platform for meeting people sharing similar health concerns, making new friends. and building peer support networks. all of which sèrve to reduce isolation and enhance both the physical and psychosocial management of diabete5. A much-needed resource In TRUSTEES ANNUAL REPORT FYE2022 DI1￿85A￿search S5 these drfficult tirnes. whilst the research we fund continues to Improve our understanding of diabetes, it's treatment, management, and cure #StoyingWellUntiloCurelsFound.. Demonstrating public benefit The tnJstees confirm that they have referred to the general guidance set out by Charlty Comm15sion on public benefit. The trustees are satisfied that the Charitvs activities mèet the principles of public beneflt, defined as providing an identifiable benefitls to the public, or section of the public, and know of no detriment or harm that may be caused 35 a result of these activitie5, which are dearly set out throughout thi5 report. Volunteers As a small team éellverSn8 numerous activities, we rely on the support of volunteers who participate by helplng with administratlve tasks In our office: dèlivering diabetes awareness and information materials; undertake user Snvolvement exercises to help steer and develop our programme activities; support our educatlonal events and communlty lundralsing programme or sit on one of our expert panels for research or Information revigw. The number ol volunteers fluctuates each year but 15 crucial to helping us spread the word about the work we do and to support local and n8t5onal community fundraising initi3tive5. Aside from our Trustees, we have an Editorial Advlsory Board and a Research Advisory Board. These are panels of diabetes clinicians and sclentists, and other relevant professionals, all of whom offer their time and expertise voluntarily to ensure that we meet the high standards required of us through our Association of Medical Research Charities IAMRCI accreditation and our ¢ommltment to produclng cllnically evidenced health and soclal care information. We wholeheartedly thank all of our volunteers for thelr tlme, expertise and commrtment whlch helps us raise awareness to the charlty, maxlmlse Income and maintain high standards of work. Measurlng Impact We use a mixed methods approach to monitor and evaluate our actlvities In order to ensure that they remain true to purpose and achievè desired outcomes. Stakeholders and beneficiaries are Involved in these evaluation processes to ensure the continued relevance, quality, acce55ibility, and effediveness of actlvltles. We also undertake Independent evaluation with specialist partners for speclflc projects where Impartial opinion and/or additional expertlse is requlred. We keep people with diabetes at the heart of what we do. Beneficiaries and supporters are Involved in numerous ways to ensure that our support and resources are relevant, accessible and meet needs, helpin8 to steer our research prlorlties and programme activities. Activities & Achievements in 2022 Awareness, Information & support INFORMATION REACH: Our direct mail pio8ramme played a key part in our ¢ornmunication5 strategy during 2022. enablinB us to stay connected with key audiences who do not routinely engage with online channels. We distributed 442,040 campaign packs in 2022 an increase of around 13% on the previous year. The health inforniation contained within each campaign is targeted at beneflciarles who could act on the information. either in a preventative way (type 2 diabetesl or to inform and support those living with diabetes lall typesl, in their self-management of the condition. Whilst maintaining relationships with existing supporters of our appeals, we also reaihed out to higher volum8s of prospective beneficiaries and supporters of the charty during 2022. We had an average campaign response rate of 7.3% across 4 streams resulting in over 32.170 responses from across the country. We know from experience that it is likely that many more opened and read the appeal bLrt Chose not to make direct contart with us at that time. TRUSTEES ANNUAL REPORT FfE2022 Diabere5 Rèsear£h Historically, we have seen numbers of people respond to communications that have been distributed many months, or even years, before as they have held onto the inforn)ation provided for future reference. These campaigns also art a5 a stewardship tool, helping us to stay connected with long-standing sUPPOrters of the charity. Health Unlocked Forum- The DRWF Diabetes forum within Health Unlocked provides a 'safe space, for people with diabetes to share their experiences, gain support and make a difference to others too. In 2022. the volume of members increased by 33. meaning that all time membership increased by 6.5% to 6.042 in the year. The volume of 'active' contributors declined slightly from 2021 by 9%, at 422, with people spendlng an average lime of 04.26 minutes on the forum. Thls had increased In the year by almost 14°A. Our forum erlables people to acce55 online resovrces and too15. as well as the 5UPPOrt of others experiencing similar health issues. all of which has been shown to improve health outtome5. WEBSITE: Wè launched a new webslte In 2022 and expected that there would be a lull In trafficlengagement for a period of time, however this did not begin to rise again when expected. There are multiple reasons for this. Firstly. 3 Google algorithm update at the end of 2021 made DRWF drop down the search iankings a little. Thi5 was c105ety followed by a more major update to the Google search algorithms at the exact time that we launched the new 51te. These two things happening simultaneously has proven challenging to our SEO. also affecting our Adwords campalgns. Therefore, webslte page views were éown 24.5% over 2021 at 314,760 and the total number of unique vsers was down 32.29% at 182,410. A lot of work has gone into improving our SEO and in getting Adwords working more effectlvely, and traffic Is increasSng agaln but it is a gradual increase which is somewhat due to the resources available to us at this time. These are disappointing figures for 2022 having seen a sianificant upward trajectory in 2020, with a natural decline In 2021 following the spike of online activity dye to the pandemic, and plan to rect￿ this situation in 2023. LIVING WITH DIABETES PODCASTS & VIOEOS: We continued to produce our Livlng with Diabete5 podcasts in 2022 which provide5 another channel through which to access interesting and educational diabetes content. Whilst these channe15 are still very muth a work in progress, we have had reasonably good engagement during the yearwlth 2,659 viewslllstens. We aim to develop these channels during 2023. SOCIAL MEDIA CHANNEL5: In 2022 we continued our efforts to raise awareness of our activlties and services to more people through soclal medla campaigns with most en8aBement being seen through our Facebook page. Our sponsored Facebook content reached over 2.4 million people, up 45% over 2021, and had 7,780,382 impressions. This increase was achieved with an identical budget in 2022 and 2021. Our Tweets received 209,9￿ impressions and our Instagram page reached 91,403 people, up48% Dver 2021. DIABEfES WELLNESS NEWS: We distributed 103,471 copies of our newsletter, Diabetes Wellness News, to sU￿CrIber5. healthcare professionals and regular givers. This is a IO% decrease in the circulation numbers of 2021. Much of this redtjction is related to deceased notlflcations recelved from subscribers in the year due to the demographic of this channel of sUPPOrt. The newsletter is distributed to onnual subscribers and on a complimentary basis to healthcare providers who share the information with their patient communities. On a quarterly basis the CiTculation is boosted as we focus on the research element of our work and send a copy to our regijlar givers. It is difficult to accurately predict the true readership of the newsletter but through anecdotal evidence, it is much wider than those who have specifically requested to receive it and is seen as a stewardship tool to maintain engagement with a variety of different supporter and beneficlary audiences. We intend to change the frequency from monthly to quarterly distrlbutlon in 2023 as we work towards meetlng the needs of existing supporters of this resource, as well as take DWN online. TRUSTEES ANNUAL REPORT FYE2022 that￿￿esearch Wel￿￿￿%Foun￿è00n Quality in Care Diabetes - award winning Diabetes Wellness events Qic Diabetes structured education aims to provide pwple with diabetes wlth the knowledge and confidence to seEf-manage a long-term condition effectively. The offer of struclured education across the country ha5 improved over more recent years. However, the rates of attendance are still very low and vary widelv. For the past 23 years, we have provided an annual programme of Diabetes Wellness events. We work wlth dlabetes, and related healthcare professionals to facilitate workshops that provide relevant, up-to-date, evidence-based information covering all aspects of diabetes and related health. Delegates choose the sesslons and talks that they attend meanin8 that they create their own agenda for the day, Improving engagement and supporting better outcomes. These events bring together a wealth of information, expertise, and peer support under one roof, with the aim of inspiring and empowering people with diabetes In their self-care. Our Dlabete5 Wellness Days were acknowledged by the Quality in Care lQiC} Oiobetes awards In 2017, when we won the Judges Special Award category. The Judges commented- "The Dlabetes Researth und Wellness Foundatlon h¢7ve put tooethera brllllunt educotltsn supportproqramme wlth excellent outcome& The events are cleorly u5erfocusedi providlnq an opportunityloipeersuppor¢ and re- enguglng those user5 who hove mi55ed out on u strurtured educotlon. The progromme oAlers huge volye to luture users ondhas great potentlul to reoch otherareus olthe UK." Network Rail - Wellbeing Wednesday In July 2022, we were invlted to host Network Rall's Wellbeing Wednesday programme, whlch saw 805 live and on-demand listen5 to our Intervlews and S- minute dlabetes video tlps. •4 Diabetes Wellness Events in 2022- In 2022, we were able to return to in-per50n events, hosting three Dlobetes Wellne55 Duys in the South, Midlands and North-Ea5t, along with a resldential Diabete5 Wellness Famify Comp for familles of children wlth type I dlabetes, and a virtual Tl Cump In the Cloud. 355 Diabetes Wellness Days- Three events held in the South, Midlands and Northeast of England enabled us to provide educational sUPPOrt to 355 people living wlth type l and type 2 diabetes. These events provide an interactive programme of workshop5 and talks, grouped around a vibrant exhibition hub where dele8ates can meet healthcare and industry partners offering essential diabetes diagnostics and other produrts and support services. They also provide a wonderfijl opportunityto talk to diabetes and related healthcare professionals about 311 aspects of life with diabetes, as well as make new friends and connections. All of which empower sell-managenient and improve health outcomes. TRUSTEES ANNUAL REPORT FYE2022 ) Dt4teies ReseJr(h Er Dlabetes Wellness Famlly Camp Our first resldentlal Camp since 2019. We recelved 37 lamily appll¢atlons1134 Indlvldualsl and had to close the online application process early due to demand. We had 60 individual places avallable and following triage, offered 62 places to 18 families. Eleven famllies143 individuals) remained on the waitin8 list. All families were offered places on the Autumn virtual Camp In the Cloud. The feedback from attendees was overwhelmingly positive and we received essential critique as to how we could improve the parental discussion se55ion, wlth more structure and smaller group sizes. to Steer our next residentlal Camp offerlng. "I goined time to be with myfamily without hoving to constantly think aboutfood- carbs, quontity, gluten/non gluten." -1 mode lots of newfriends with diobetes which is importont to me because sometimes Ifeel like the odd one out. We relaxed Fnto camp ofter o very short 5poce of time, ond we monaged to reconnect as o fomily but genuinely chatting to other caregivers, mums and dads det71ing with the some things ond being able to lough about it with people who reulty know what you re living through. We ollfeel completely refreshed and less overwhelmed and just not so alone.- TRUSTEES ANNUAL REPORT FYE2022 Dlabetes ResEèthfF l*llnessFwDtht?L brts "Finding Someone else who understands whot you are dealing with. Developlng friendships with like-minded people. Listening to advice ond supportfrom other familie5." Hopeful Apprehensive Feellnis before attendln Camp,.. Excited sÉressed Alone BorcLI Uncertain Isolated Curious Angry Lonely sad Tired Buml Scared Happy Anxious ,.,, V¥4PI D&spY'•l? Positive Worried Unsure Overwhelmed rJity&nf Positive Proud anxious friends Th.Ilrod Brave connected Energised FeelSn8s zfter attendlni Camp... Loved A¥'t¢Med appy relievéd Grateful Lucky Satisfied Thankful ' Amazing C31 •y¢￿T.￿L rth￿Jttett Ew SensÈ t)xhilLlSted Ecstalir. SadExcited Greal liJr)Emolional family R•Jir.IpJJlod LJL*wl Joyful Awesome Tired Relaxed "Refreshed Opiiinis< Hopef TRUSTEES ANNUAL REPORT FYE2022 .") Ots￿*S￿esearth Virtual Camp in the Cloud 135 Virtual Camp was introduced during the pandemic, and due to its success and accessibility, we have decided to keep this going 311 the while the￿ is an appetite for attendance. We had onticlpated that we could accommodate between 12D- 150 online attendees and were overwhelmed with the initial response, which saw 55 families1198 individvalsl register their interest. The nature of an online event increases attrition rates. Thirty-nine 1391 families went on to complete a full application.. 37 familles1140 individuals) were offered places; 35 families1135 individualsl attended on the day. A full proBramme of online artivities was offered, with a box of arts and crafts, and other materials. supplied beforehand to make the day as interactive and fun as possible. The final session of the day gave the paTents an opptsrtunity to relax 2nd discuss diabetes as a sm311 group along with DRWF staff and participate in a quiz. -my child wos diogn05ed during covid, so it hos been o hard lonely time.- Feedback was overwhelmingly positive. with families Stating that covid-19 had been a huge challenge, and incredibly isolatin8 particularly for those that were dia8n05ed In 2020121. "My doughter wa5 diagnosed with type one diobete5 in April 2020 at the beginning of the first lockdown. She has missed out on the opportunity to meet other children with her condition os the hospitol connot run its normal family events. As o family only one parent Ct7n ottend hospltol oppointments with Ophelio which is not idet71 when she wants both parents there to SUPPOrt her. She storted school in September 2020. Although the training w05 brilliont It s been chollenging not being able to meet with stoff ond core givers properly. All my children have experlenced disruption due to Covid. The eldest three hove missed o signlficunt omount of School und my baby hod been unoble to go to baby groups.- "It W05 voluoble to know there are otherfamilies out there dealing with the 5Gtme condition. We enjoyed completing some of the octivities together. My daughterfelt special receiving the gifts in the box. My husbond and I found the porent tolk useful Gnd interesting. rhe comic book activity and coding were greot. The bingo wa5 0 good ice breaker octlvity." Diabetes Professional Care- DPC Dlabetes Professlonal Care For the 7 consecutive year, DRWF was the registration sponsor of Diabetes Professional Care IDPCI, an event that provide5 free to access CPD accredited education for healthcare professionals delivering dlabetes care. Almost 5000 healthcare professionals, from acros5 the primary and secondary care spectrum. attended the event over the course of 2 days, benefitting from an educational programme facilitated by multi-dSsciplinary teams. The event was opened with a keynote session from Professor Partha Kar OBE, National Specialist Advisor Diabete5, NHS En8land and Professor Jonathan Val3bhji, National Clinical Director for Diaberes and Obeslty, NHS England and Improvement. We ran pre and post event surveys with registered healthcare practitionert to gauge awareness of DRWF and the information resources that we have available free of charge to support onward diabetes care of pegple with 311 types of diabetes. Of all registrations. we had a 3% response rate 1147 respondents), whrch has helped to inforni our fijture marketing and dislribution plans of our health and social care information. TRUSTEES ANNUAL REPORT FYE2022 WellnessFouad4ti0 Research Funding Programme Each year, we issue Calls forApplications in respect of our3-year Clinical. Nonal Reporting Standard applicable in tt)e UK and Republic of Ireland IFRS 1021. The Charitable Corrpany Is a putAi¢ t*nefrt c£)mparry lor Ihe purposes of FRS 102 8nd therefore the Chanty also prepared its financk81 statem8nts in armdance wrth the Ststsmenl of Recommended Pra¢lice appI￿ab￿ lo charities preparing th&r acwjnts in acwdance wth the Finantial Reporting Stsndard applic8ble in the UK and Republic of I￿land (The FRS 102 Chanb"e8 SORPI, the Companies Ad 2C(6 and the Charits"es Act 2011. The trustèès have 88sessed whelher the use of the going concem basis 18 appropriate and have conswjered possib events or condiL'"ons that mHJht cast signil¢*nt doubt on the amity ofthe tharity to conts.nue as a going cOn￿M. The trust••s have rnade this assessrnenr for 8 period ol at1&8st onè year from the date of approval of the Iinanaal statements. In partscular the trustees have considered the ¢h•nVs forecasts and wojections and have taken aetount of pressures on donations income. After making enquiries lh& trustèes have ￿ndl￿ded that there 1$ 8 fftasonabK8 expectsb'on that the chaiity has adequate resourcès to ecrtinue sn operatK)nal ￿>stenCe lor the fores•ea￿e future. The charity therefor¥ conb.nues to adopt the going concem basis in preparing rts financsal $ts1omonts. Th• financial statements are prepared in sterfing, whth is th? luncb.onal Curren￿ of the compary Monetary amounts in these finanaal statements are rounded lo Ihe nea￿1 pound. The finanual statements have been prepared ¢Tr the hi81orical cost convenllon, modifi8d to Include eethn ffinancial Instruments at fak value. The pnn¢lpal a￿Unting polia•s adopted are Set out below. Crltlcal aecountlng •#tlrnj￿ and area8 ofjuduomfrni In the view ol the trustee8 in gpplying Ihe accounb'ng Oki&s adopted. no judgements were required that have a sKJnific8nt trll¥ct on the arnounts rocognised in the fina￿￿al sts¢&rnents nor do any estirnates or a$$urnptions made cary a signific8nt n8k of rnaterial adju81rnont In nèxt financlal year. The principal accounting policKe8 of thet company a￿ Set ¢)Jt beknw In¢om• Income 16 included on an a¢cru81$ Oasis #Xcepl donaty'¢)ns under gift aid together thè as3OCiated income tax re¢overie6 a￿ credited os income when the donations are ￿￿ve￿. Membership Subscnptions aio appoTb'oned across the m•rnbership subscription period. Legacl Legacae3 are recognised following probate and once there is suffiGEnl ev*Yence that receipt1$ probable Bnd th8 amount of tho l&ga¢y receivable can be measurèd reliably. Where entilement lo a *a¢y exists bLrt ther8 ts uncartainty as to its recelpl Of thè awynt re￿1¥able. dotails 8r• disek)s•d as 8 contingent ass•t until the criteria fgr income recognition 8r8 rnet. Publlc Donatlon* and Glft¥Jn4lnd Incoming reSoUr￿S in the fonn of Gifts-in-Kind are induded in th¢ St8tement of Finanual Athvth"e8 only when assets 4on8ted to the charity are distributed. Gift$4n-￿nd are d(￿ationS ol crjmrnodity'es direcify usable in ¢harit8ble prograrnmgs, such as food. kAankets, books, agrujltural and medThl sUpty￿s. The Charty has an internat￿3]lY rèeogni5ed and accepted monitoring programme in plu to ensure that comm￿11￿"89 8rÈ approprialety valued at who10s81e or less. culturally appropriate for the designate¢ programme. and can be both properfy shipped aryj distributed gratss to ￿e desgnated bentsfi¢iaries. Glft Ald R•payment¥ Incorne from gift aid repayment cL41ms 18 only induded f¢x daiffls whith have been submitted for tsx periods ending on or before the year end and when receipt of this income is certain. 32 Diabetes Research and Wellness Foundation Notes to the Financial Statements {Continued) For the year ended 31 December 2022 1 Accountlng poll￿8• Icontlnuedl Expendlture Expenditure. ¥thfich 1$ charged on an 8(YnJals basis. is aljocated beknn.. o exp8ndtture incurred dire¢lly in the effort to r8ise voluntary contritsJtH)n8 {cosl of genernling fuTids}: expenditure incurrsd directty lo the fvffllm•nt olthe tharrtys obiethvg8 (charitable &xp8nditure),' Charitable expenditu￿ compri8e8 all the expenditure lncJjr￿ by tho charity in meeting rts charitsble objectives and Is further analyse(I be￿een.. grants payable in the furtherance of th& chBriVs objectives o costs of 8clwities in lurthor8r￿e of th8 chativs objectNe8 0 6UPPOrt costs of the charity Cost Apportlonment Where items of expenditure involve more than one cost catègory these costs have been apportioned on a rèasonablg b8sis as determined by Ihe trustees. One particular area wharè the cost is material lo the charity 1$ In the production and distribulion ol direct mailings. On8 of the purposes of the mail shot is lo dev8lop a datab86e of of people ￿th 8 parbculw Inler¢&l in th8 a¢tivitie3 of the charity and Ils ch8rii8ble obJ'8ets. 11 1$ hold that iThJiwduals who make a £10 c)r greater donation. In response to the m811in9. have a degfee ol intefO$1 in diabet8s. They are int8rested because they suffer from diabetes, know sornebody who does or ¢kyJkl themselves be at risk of developing the conditlon. These ar¥ pr0Ci8ely the people whom the charity is trying to help 8nd cKJn$equenlly they recAvo thè benefits of the educational malerfal provlded by the charity. These high interest individuals Constitu￿ 239￿ of thè toi81 response8', so the charity allocates 25% ol the ¢051 of the mailing to Costs in fvrtheranc• of thé d)aritls objects. Furthemiore the remalning expenditure has beon allo¢alèd on the basis of whether the educational ¢onlenl of th8 Ind￿¥1￿￿01 malling is ￿n￿lCa￿tlY high enough so as to be m8teri81 When th18 hol¢J$ true the remalning cost ol the mailing is allocated on a provrata basis comparing the educational conlenl (costs in lurtherance of the charity's objecl$l lo the lund raising content {cosls ol generating fund5). The educational content is ¢Jelernined by the arrount of text and spa¢e ￿ each mailin9 th81 is dedicated lo mgterial of an educational natu￿. Telemarketing expenditure is allocated in a consistenl manner mailings, as described gt)ove, hènce the charity allocates 250/0 of the wsl of the telemark￿1￿9 calls ID Costs in furtherance of the c*aritys objectives, with the remalning expenditure allocated on the basis of whether the time spent during the l&lephone call is in 8 Chorltsble Actlvltle8 2022 2021 Grants Receivgd Gfft Aid Receipts 48,231 101,247 149,476 20,548 99.11e 119,884 4 OU*r Chadtabl• Tr•(Iln9 Actlvlti 2022 2021 Membership Subscriptsons Event Fee8 and Sponeorshp 9,336 3,529 12.865 10.223 4,998 15,219 8 Oth•r Incom• 2022 2021 Miscellaneou8 Incomo 12,457 12.457 4,866 Fund Ral*lny Co*ts 2022 2021 Caglng CArrq•rs Computer Charge8 Lettershop and Dat8 Postage and Shippinq Prints"ng Publlclty Marttstlng Costs Community FundraBin9 Mail Path Pryrnbrn$ Lottery Costs staff Costs (see Note 121 Sw88P8take Winners 185,Ice 139.103 5,811 6,353 42,000 6,153 1,533 2,025 1e,259 31.949 3.847 72.089 14.725 390 936 5,489 10.183 7,998 2,288 100 7,439 15,491 70,353 13.411 311 127 Ch•rlt•bl• Actlvltl•• 2022 Dlrn Expendrturn (Note 101 2022 Gofts In KITh {Not• g 2022 Support Costs INoi8111 2022 Total Gnnls Award (Not• 8) Rg5garch inttl the Rel*lof Dobetes Raising PutJi¢ Awaren88s of D￿bet85 27S,857 402.394 678.251 961,164 1,639,415 961.164 1,164 275.857 2021 Direct Éxpenditur• 2021 Grants Awards (Not• 81 2021 Glfts In nd INot¢ 91 2021 Support Costs INol8111 2021 Totsi INokn 101 Research into the Relief of ri'abetes Raising PublK Awareness of Diabeles 372.17T 397.316 769,493 819,802 1,589,295 819,802 819.802 372.177 397.316 35 Diabetes Research and Wellness Foundation Notes to the Financial Statements (Contlnued) For the year ended 31 December 2022 8 Grant Awards 2022 2021 University of Oxford Univet8ty of Exeter Ipfeviousty Kings's College Lond￿l- Non ClinK31 Fejbwship 2018 ardiff universty- Non Clinical Fdlowship 2021 AgsoryatHJn pour la Retherche sur L8 Diabète Univer8ity of Exeter- 2021 Pump Priming Award Univ8rsIty of Exeter. 2021 Pump Priming Award Universlty of Oxford - 2021 Pump Prirning Award Universty C>f Roehampton- 2021 Pump Priming Award Nottingham Trént Univerwty- 2021 Pump Priming Award Newcastle Unlversty- 2021 Pump Priming Award Unlversity ol East Anglia- Clin￿1 Fell¢￿¥ship 2021 UniverB>ty Coll8g8 London- Non Clinical Fellowship 2022 133,024 122.386 64,978 64,978 900 59,563 200 19,989 20,000 19,985 20.wo 19,760 19,962 72.418 10,722 275,927 372,938 Lgss.. Undairred grants written bac* 170) (7611 275 857 372 177 36 Diabetes Research and Wellness Foundation Notes to the Financial Statsments (Continued) For the year ended 31 December 2022 9 Gift$4n-Kind The lollDwng donations made during the year wer& dam8d as Gift54n-Kind and are valyed in accordance wth current market ¢onditions prevailing when the gif( was rnade. Number of Shipments Gffts4n. Klnd valu• Shlpplng Costs 2022 Totsl 2021 Total 10 Dir•ct C17aritabl• Exyndttur• 2022 2021 staff C08ts Isee Note 121 Postagè Printing Public Mail Pack Premlums Educational Events carr￿r$ Grant Costs Lettershop and Dats 3￿,787 37e.118 203,382 763.383 66,803 87,670 11,726 1S.183 194,318 119,918 49,752 18,141 12,884 8,241 2,083 819 21,649 28.129 819 961164 ￿02 2022 2021 11 sUpportC￿ts Other Stsff Costs Profession81 Costs Management Ch8rgo Officg Expenses E8lablishmenl E¥4)en8es Bank Charges and Intgresl Pald FOre￿n Exchange (Lossl Depw8lion Irre¢oveiable VAT Amounts p81d lo Auditors Company Secxetarial Fees Oth8r Ovafh8ad Costs 2,051 29,885 141.610 84,748 43,881 3,444 3,998 2,281 65,877 15,022 350 4,189 397 316 16,755 159,771 66,995 47,123 3,984 5,265 2,717 72,333 22,284 350 2,769 402 394 Support Costs ara alloc418d to the Clwritable ewdrture olthe tharity in propOr￿On to the direct ¢y)$l oftl* actwity 12 W8g•J and Salarf 2022 2021 Wages and S818ries Social Security C¢)sts Pènsion Costs 419,928 35,139 13,789 468 e56 404,266 31,241 12,864 448,471 The key rnanagement personnel ollhe ¢hanty are lh& Trustees and the CEO. The total amount paid for kgy management p¢rsonnol Vfds £72,12412021'. £70,339). 2022 2021 No. No. The number of higher paid employees w8s in the barnl.. £60,000- £70,OCx) Pènsion contritryjtions payab￿ for the above indMdu81 wag £2.77612021'. £2.7221. The ave￿ge number of fUl￿tiMe ffjuivalenl ernployees during Ihe year wa5 12.912021 12.51. 37 Diabetes Research and Wellne$$ Foundation Notes to the Financial Statements (Continued) For the year ended 31 December 2022 13 P4ym•rtt* to TYu8te88 No trustee or person vllh a larnityorbJ8kn8s5 a frIMlee. remun8rabon year, dkectty or ￿d￿8¢1￿. IrL¥r tharity. TTwslee ExE¢￿e5 Travd Maellrvj Costs £nA12021.. thli ofwthith £na12021'. £nt) waB rdmbuTred lo nl 12021.. rii) Trusts85. 14 8utylu$ ol lftcorn• ov4r Exp•ndltiii8 2022 2021 The $uWu8 ofirKcffjw ststeo aftwtharory.. Audrttys, RemuneraliDn'. . F8e relalry to fv Fknanraal Yéar - In respecl tsf non aLbJrt se Op&rnllrq Le88e r8rrta . Rgnt & Machknery - Other A$6ets 21.090 1,140 15,JOO 1.965 1.824 24,0 5,265 3.081 28.￿0 Forelgn Exch4nge Lo53 Deprècollon 3,999 13 T*xatlon The comp•ny, 8 regh¢ered {•. l& not119￿ Ic¢efMwation tax in oftts opwalknl forthe ye•r. 18 T•ntylb￿ FL¥•d A•Mts forchartty U80 Offlc• •qulprnen( Ilxturtt and IIttID Coat AI 1 JBnuary 2W22 drtions ￿ Year Di$pgs818 In Year At 31 Detxmber 2022 36.004 2,023 37.027 D•prrti*llo At 1 January 2022 ProTrA¢Jed in tho year ElinlnatoLJ Dn Dk*pos81 At 31 rJe￿mber 2022 28,469 2,717 31,168 Plgt Book Valu• Al 310ecemter 2022 At 31 Decemb8r2021 17 Oobtorn 2D22 2021 Trade Debltys other Debto PrEpaymeni8 ano Atfxued Ino)me 1,920 19.144 1.184.535 1205 599 6.OOD 25,013 510.812 Ai Lkbtots ÈxeÈN ￿p3￿r￿niS are fffwxyal knthwments arKI rneowKed al8ettkTnenl ¥a￿È 38 Diabet•s Research and Wellness Foundatyon Notes to the Financial Ststements IContinu¢d) For th? year ended 31 DeeÈmbÈr 2022 48 Cr•dft4rJ'. ArnDUnhf4lllngdu•¥Aifth¢Jnw b•*r 22 2021 Crgditus 124.587 210.955 54.952 14.2 71,ts) 81,650 Tax4nd Sod* Seuyty Recon¢￿￿￿tr￿n OIGr*Trts P&y4t4p'. at 1 J&nwy2022 Gr4ffl1$ tylhe YeAr Ir#XNQ*61 ranks P* Year )J.741 275,857 401.138 372.177 241 182 S16 238 19 DDt•rr•d Incom• 2022 IrK0￿￿ l￿tJ￿llry2022 Rgieg8eato In¢om• DofeTh6 kn Yeqr Dof*rna Ir￿m•￿ ts1￿ Oec•mberX¢2 14.0401 . Evoni ReO8tr4110n F•fjs . R•siriCt•a R•¢qiwU >* 20 RM•r¥•• hl¢W• ITr Y•&r E¥wndiwr• hl Ymr l J•Dw G•rt•vAI Mo¥•m•rtin Ymr al 1)vmty•r 2022 Ymr .319 113,3191 123,0421 Rqsiildthl rewnq Ch￿lm￿ crAw•b B,e69 15001 11g),ODDI 014￿n*dol￿Ih Fur 11>).￿0) 2.&)1.093 i.g63 4P) 2.501.975 Ir￿m￿1n Yur E¥p•ndlturn In Y••r M￿l￿r*Trt Y••r 31 O•c•rnb•r Y•v RMlrJct•d Fthid rd*lng R•$tsitst*d GJ¥* R•sTrtthd FLnd D4 •258 14.7èe 25.042 IJ0,￿ Ggr*ral Regerve 29.817 £8.fjQ912021 £14,78¢1 Fwd TOMI Tw¥JlbknAsEqL* A$14ti Civr•M LI*1￿5 5.841 2.WO.Tr97 S,841 2.W.462 39 OiabÈt¢s Research and Wellness Foundation Notgs to the Financial Statement5 (Continued) For the year ended 31 De¢ember 2022 21 PaymDts to Connucted Ch•rfU¢s Naturn of 2021 conw¢￿ Charlty th¢y In thp)wr iqbetssResearch Wnes1 Foundariw Irt. 159.771 141.810 in ¥Jtr $h8nng ol $t¥ff. Th6graTrl ¥rd8 m•Ye 10888lStvAlh the mLln} oflho A88c¢￿￿n,%a￿￿ •rFd +JU￿￿onal Pfogramows. AS￿41￿0 Pru L• ReC￿rthe SUT La Liabete Nitur•olRelabonJhlp 1 Dl8tsles Rese8ich and Dyn[• S•Fw4* Trj butmr. John ALghtyJ&x% iiton tho Board c rrusto88 ol lIK4s5o￿$￿0 ch811ty in the Unw Stste 2 As￿latiOn Pour La ReC￿rthe Sw La Thtbete ￿0￿[￿￿•1eparate ard OY•*￿￿, ￿ MrW.M. lknhel. A￿hl¥JI0￿ ants J. H3r*){rttWed 241h Wl 20221 ￿t¢￿i thè Boatd in Fr•K•. Furtthtdetsls reooTdlw th• r*W￿¥hIp￿ b6froj￿l In RWL 22 Fln•n¢lai Comm#rnMI• ThtrL*aity f17•r￿1 Gornmdrnen￿ ¢fU21.775 (2011" £575,584)farwty L¥rt tr)rlh•￿T endgd Jl ￿m￿2022. •* théy ￿bI•¢t io the fetypenl fvIThMir¢eert*n Thè•YKwts puy*w•8•fthw 2422 2021 P4y•trA• 1022 Pay1￿￿ h 202Y Paya￿9 kn 20 ptya￿ hi 2025 24B.667 221.$95 105.222 381,522 218.006 22,247 821.n5 57S 8H4 23 ope￿￿9 L•ueB Al 3181 t)8cemtéf 2022, kn¥¢￿rttyhI8 r•JThl￿w41￿d•rc*4MrqI•$8ots ats fdhx•' 20 2Q 2021 2021 w.thkn (w to Fh Ye Within Year Twots Flvg Ye8 L8nd Ind 8US￿l￿g9 otn•i As￿3 28.( 2.918 21.e33 3.946 49.633 4.$98 TMeh¢rftr¥offlc• 18•8ocOmrnen￿ (x*)￿ 2018*1th a wnt4•t