Charity registratlon number 1075316 SEXUALLY TRANSMITTED INFECTION RESEARCH FOUNDATION (STIRF) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024
SEXUALLY TRANSMITTED INFECTION RESEARCH FOUNDATION (STIRF) LEGAL AND ADMINISTRATIVE INFORMATION Trustees Dr M Shahmanesh Professor J D C Ross Dr A Palfreeman Dr M Page Dr R Caswell Dr L Jackson Charity number 1075316 Princlpal address Whittall Street Clinic Whittall Street Birmingham B4 6DH Independent examiner Gary Rutter The Oakley Kidderminster Road Droitwich WR9 9AY
SEXUALLY TRANSMITTED INFECTION RESEARCH FOUNDATION (STIRF) CONTENTS Page Trustees, report Independent examinerfs report Statement of financial activities Balance sheet Noles to the financial statements 8-10
SEXUALLY TRANSMITTED INFECTION RESEARCH FOUNDATION (STIRF) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Achievements and Performance Activity Report." a. PhD Studentshlp. STIRF-PhD 03. Study to Investigate international students, access, outcomes and experiences of sexual and reproductive health care whilst studying in a university in the UK, and to identify how these factors have been influenced by COVID-19 - Pam Aldred This was a thraé-yearpart-funded PhD Studentship for Chloe Roesch at Department of Health Social Woth, Car8 and Community, at Nottingham Trent University. Sum £26, 930 tover iwo ygars had been paid. A final r9POrt was expectgd in the Autumn 2024. However Chlo8 has taken sick18ave and her wort remains only partially competed. Her supgNisor's report has been reGeived. No PhD Sludentship applicalion for 2024-25 was received. b: Projects currently being conducted. STIRF-051: Advertising sexual violence support services in sexual and reproductive health services: Improving awareness, relatability and acceptsbility- Rachel Caswell. STIRF approv8d to funding the above study in Mar¢h 2023. The sum approved is £82,918, to be paid as follows." £52,953 in the first year and £29, 965 in the second ygar. The gnd-of-year one report was received and approved in July 2024 c.. Projects currently being considered for funding. STIRF-052: Enhancing access to sexual health services for people with mental health conditions andlor learning difficulties in the West Midlands: assessing knowledge. barriers, and facilitators Charlotte Owen This pmject has been Trviewed by external refeeS and we await thg response of the authors. Proposed costs are £59,430.02 for the firstyear and £28,312.83 for the second year. Financial review The income for the financial year 2023-2024 was £122,977 (2023: £259). The accounts were independently examined by Garry Rutter F.C.A, Ormerod Rutter Ltd, Chartered Accountants. The trustees spent £97,283 on projects and related costs. Reserves Policy The charity's reserves at year end were £156.296 {2023.' £130,602)- all of these funds are unrestricted and available for general use. The charity aims to hold in reserves adequate funding to cover all immediate and committed costs that fall due. New Trustees Currenl Board of Trustees consisl of six persons. There were no changes.
SEXUALLY TRANSMITTED INFECTION RESEARCH FOUNDATION (STIRF) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Future developments STIRF will continue to seek further co-operation with olher relevant charities. JO-LI Trust has agreed to part-fund STIRF by donating £50,000 annually until 2029. Applications were invited for both PhD studentships and research projects for 2024 in December 2023. Only one application for a project {STIRF-052) and none for PhD studentship was received. structure. governance and management The Iru5tees who seNed during the year were: Dr M Shahmanesh Professor J D C Ross DrA PareeMan Dr M Page Dr R Caswell Dr L Jackson Current Board of Trustees consist of six persons.
SEXUALLY TRANSMITTED INFECTION RESEARCH FOUNDATION (STIRF) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 statsment of trustses, responsibilities The trustees 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). The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements, the trustees are required to- selecl suitable accounting policies and then apply them Consistently. observe the methods and principles in the Charities SORP., make judgements and estimates that are reasonable and prudent., state whether applicable accountin9 Standards have been followed, subject to any material departures disclosed and explained in Ihe financial statements., and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them lo ensure thal the financial statements comply with the Charities Act 2011, the Charity {Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding ihe assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees, report was approved by the Board of Trustees. Dr R Caswell Trustee Daled.. 12 Dec 2024
SEXUALLY TRANSMITTED INFECTION RESEARCH FOUNDATION (STIRF) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SEXUALLY TRANSMITTED INFECTION RESEARCH FOUNDATION {STIRF) I report to the trustees on my examination of the financial statements of Sexually Transmitted Infection Research Foundation {STIRF) (the charity) for the year ended 5 April 2024. Responsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the financial statements in accordan with the fequirements of thè Charities Act 2011 (the 2011 Act). I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act. In carrying out my examinalion I have followed all the applicable Directions given by the Charity Commission under section 145(51{b) of the 2011 Act. Independent examinerfs 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 that in any material respect.. accounting records were nol kept in respect of the charity as required by section 130 of the 2011 A,. or the financial statements do not accord with those records. or the financial statements do not comply wilh the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement Ihat Ihe accounts give a true and fair view which is not a matter considered as part ofan independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be draw this report in order to enable a proper underslanding of the financial statements to be reached. arry Rutter FCA The Oakley Kidderminster Road Dro1ICh Worcestershire WR9 9AY
SEXUALLY TRANSMITTED INFECTION RESEARCH FOUNDATION (STIRF) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 5 APRIL 2024 Unrestrlcted funds 2024 Unrestricted funds 2023 Notss Income from: Donations and legacies Investments 121,952 1,025 259 Total income 122,977 259 Expenditure on: Charitable activities 97,283 23,068 Totsl expenditure 97,283 23,068 Net Incomel{expenditure) and movement In funds 25,694 (22.809) Reconciliation of funds: Fund balanS at 6 April 2023 130,602 153,411 Fund balances at 5 April 2024 156,296 130,602
SEXUALLY TRANSMITTED INFECTION RESEARCH FOUNDATION (STIRF) BALANCE SHEET AS AT5APRIL 2024 2024 2023 Notes Current assets Cash at bank and in hand 156,296 130,602 Net current assets 156,296 130,602 The funds of the charity Unreslricted funds 156,296 130,602 156,296 130,602 The financial ststements were approved by the trustees on 12 Dec 2024 Dr R Caswell Trustee
SEXUALLY TRANSMITTED INFECTION RESEARCH FOUNDATION (STIRF) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 Accounting policles Charity inforniation Sexually Transmitted Infection Research Foundation (STIRF) is an unincorporated charity. 1.1 Accounting convention The financial statements have been prepared in accordance with the charity'5 governing document, the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)" The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Stalement of Cash Flows. The accounts have been prepared under a reiptS and payments convention. The principal accounting policies adopted are set out below. 1.2 Going concern At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in fijrtherance of their charitable objectives. Designated funds comprise funds which have been set aside at the discretion of the trustees for specific purposes. The purposes and uses of the designaled funds are Set out in the noles to the financial statements. 1.4 Incoming resources All income is recognised on receipt in accordance with the receipts and payments basis. 1.5 Resources expended Expenses are included in the financial statements when they have been paid in accordance with the receipts and payments basis. 1.6 Cash and cash equivalents Cash and cash equivalents include cash in hand. deposits held at call with banks. other short-term liquid investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabililies. Income from donations and legacies Unrestricted Unrestricted funds funds 2024 2023 Donations and gifts 121.952
SEXUALLY TRANSMITTED INFECTION RESEARCH FOUNDATION (STIRF) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Investments 2024 2023 Interest reiVed 1,025 259 Expenditure on Gharitable activities Unrestricted Unrestricted 2024 2023 Dlrect costs PHD Studentship 96,347 22,636 Share of support and governance costs (see note S) Support Governance 432 504 432 97,283 23,068 Analysis by fund Unrestricted funds 97,283 23,068 Support costs Support Governance costs costs 2024 2023 Website costs Independent Examiners Fee 432 432 504 432 504 432 504 936 432 Analysed beiween Charitable activities 432 504 936 432 All support costs are attributable to the single charitable activity and have therefore been allocated in full to Ihis activity. Independent examiners fees of£504 were incurred during the year (2023- £nil).
SEXUALLY TRANSMITTED INFECTION RESEARCH FOUNDATION (STIRF) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Net movement in funds 2024 2023 The net movement in funds is staled after chargingl(crediting): Fees payable for the independent examination of the charity's financial statements 504 Trustees None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. Taxation The charity is exempt from taxalion on its activities because all its income is applied for charitable purposes. Unrestricted funds The unrestricted funds of the Charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the tru51ees for specific purposes. At 6 April 2023 Incoming resources Resources expended At S April 2024 General funds 130,602 122,977 (97,283) 156,296 Previous year: At 6 April 2022 Incoming resources Resources expended At 5 April 2023 Designated grant funding General funds 153,411 259 (23,068) 130,602 153,411 259 23.068 130,602 10 Related party transactions During the year the charity received a donation of £90,000 (2023: £nil) from the Jo Li Trust. a charity of which Dr Mohsen Shahmanesh is a trustee. 10-