Registered number.. 4178865
Charity number.. 1087019
DIPEX
(A company limited by guarantee)
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

DIPEX
IA company limited by guarantee}
CONTENTS
Page
Reference and administrativo dotsils of the charitsblg company. its Trustees and
advisers
Trustees. report
Independent examiner's report
Statement of financial activities
Balance sheet
Notes to the financial statements
9-22

DIPEX
IA company limited by guarantee}
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS TRUSTEES AND
ADVISERS
FOR THE YEAR ENDED 31 MARCH 2022
Trustees
Professor S R Hilton
P A Droop (resigned 16 De￿mber 20211
M S Russell (resigned 16 December 20211
Dr T McPherson
REGann
F A Stevenson
Dr E J Miller
J R Marsden
APRein
Company registered
number
4178865
Charity registered
number
1087019
Registered office
2 Chawley Park
Cumnor Hill
Oxford
OX2 9GG
Principal operating
office
Prama House
267 Banbury Road
Oxford
OX2 7HT
Company secretary
P A Droop
Chief executive officer
A Barnett
Accountants
James Cowper Kreslon
Chartered Accountants and Slatulory Auditors
Cumnor Hill
Oxford
Oxfordshire
OX2 9GG
Bankers
HSBC Bank PIC
Midland House
Seacourt
Wesl Way
Botley
Oxfordshire
OX2 OPL
Page 1

DIPEX
IA company limited by guarantee}
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2022
The TrLJStees Iwho are also directors of the charity for the purposes of the Companies Act) present their annual
report together with the financial statements of DIPEX {Ihe charilyl for the year ended 31 March 2022.
The Trustees confirm that the annual report and financial statements of the charity comply with the Charities Act
2011, the Companies Act 2006, the requirements of the governing documents and Accounting and Reporting by
Charities.. Statement of Recommended Practice ISORPI applicable lo charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021
leffeclive 1 January 20191.
Since the charity qualifies as small under section 383, the strategic report required of medium and large
companies under The Companies Act 2006 (Strategic Report and Director's Report) Regulations 2013 is not
required.
OBJECTIVES AND ACTIVITIES
Objgctivgs and principal activities
The objects of the charity have nol changed during the period under review and are, the advan￿ment of
education for the public benefit In the promotion of good health, and In particular for the benefit of persons
diagnosed with a disease by, but not limited lo, the methodologies slated below:
Creating a database of sufferers, experiences of illness.
Disseminating information to sufferers, health professionals and the general public.
Participating in research (primarily eViden￿-baSed research) and publishing the useful results thereof to
help sufferers make informed decisions about their healthcare.
Promoting effective collaboration between sufferers and health professionals.
The Trustees have had regard to the Charity Commission's guidan￿ on public benefit.
Achigvgmgnts and porfomiance
The year under review was again negatively impacted by the Covid-19 pandemic, although somewhat less than
the prior year. Further lockdowns and associated uncertainties resulted in slowing of ongoing research projects
and held up our and partners, progress with new applications. Nevertheless, operationally the charity was well
placed for remote working (not only from homel and activities continued largely as nomial. Several new projects
arose from the societal impact of Covid. The Trustees continued to meet regularly either in person or by video
conference, and additionally received regular updates from the CEO reviewing current trading, all risk profiles in
addition lo the effect on the business of the pandemic
A summary of the charills achievements for the year is as follows:
We have undertaken a thorough review and redesign of our websites including healthlalk.org making for a
faster, easier to use site that will be fully launched during the laller part of 2022.
We have increased OLJr work with overseas partners in both the US and Australia.
Visits to the healthlalk.org website remain strong, with the resoLJrce used roLJghly 6 million limes each
year.
The charity Is continuing lo collaborate with more research organisalions around the UK on topics such as
dementia and loneliness.
An additional website dedicated lo promoting research in social care has been created by the charity, and
a research project lo evaluate ils impact will be completed in 2022 before il goes live.
We continue lo be a member of Dipex International and our CEO Adam Barnett remains a board member.
IDipex International is a membership organisation of research groups using the methodology developed
by the University of Oxford's Health Experiences Research GroLJP {HERGI for the exchange of ideas, of
rindings, training and research and dissemination of practices).
Our wider partnership and collaboration with HERG al the Nuffield Department of Primary Care Health
Sciences continues as the major Sour￿ for the projects and income of the charity.
Page 2

DIPEX
IA company limited by guarantee}
TRUSTEES. REPORT {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2022
At the close of a further year of uncertainly and challenge from the pandemic, the charity nevertheless was in a
stronger all-round position at the year end. Funded projects for the coming financial year show an increase from
a range of sources. In February 2022 a strategy review was conducted by the Trustees and staff, and outputs
from this will be implemented during 2022-23.
FINANCIAL REVIEW
Income. expendlture and results
For the year ending 31 March 2022 the charity experienced a cash inflow of £8,999 {2021.' outflow of £40,849)
and an accounting surplus of £17,79512021." deficit £50,028).
The Trustees review the financial position of the charity at every Trustees, meeting, using a twelve months,
ahead cash flow forecast and up to dale management accounts. Based on projects conlracled, they are satisfied
that the charity is equipped to continue its activities over the next twelve month period.
Reserves pollcy
The charity's policy is lo try to maintain reserves al a level sufficient to cover the liabilities relating lo all
outstanding research modules, to support the development of the charity in areas such as website design and
maintenance and support, marketing and management infraslruclure and to guard against future contingencies.
Having assessed these factors, the Trustees have determined that the charity should hold, as a target, available
unreslricled 'minimum' cash reserves of 12 months web expenditure and six months of other operating
expenditure. Reserves are underpinned by the available cash funds and by the value of the charity's assets,
including its receivables and website.
The level of available unreslricled cash reserves at 31 March 2022 was £73,33912021'. £64,340), which equates
approximately to budgeted expenditure for six months of £66,000 and the remaining costs associated with the
budget of the new website.
The Trustees are satisfied that - when considered in conjunction with cash flow forecasts based on confirmed
projects lo the start of the new financial year - those reserves are sufficient to allow the charity lo continue its
operations and deliver all projects to the end of the financial year ending March 2023.
Investment Pollcy
The charitls investment policy is lo maintain all cash funds in current and deposit accounts, including fixed term
accounts, with ils appointed bankers.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governlng document
The charity is a registered charity, number 1087019, and was incorporated on 13 March 2001 as a company
limited by guarantee. The charity is govemed by its Memorandum and Articles of Association.
Appolntment and tralnlng of Trustees
The management of the charity is the responsibility of the Trustees who are elected and co-opted under the
terms of the Articles of Association. Trustees undergo an annual review with the Chairman. The charity reviews
periodically the skills and composition of the Board of Trustees so as lo identify any skills gaps within the Board.
At the Annual General Meeting in De￿mber 2021, Mike Russell and Pauline Droop tendered their resignations
after long years of dedicated service.
Page 3

DIPEX
IA company limited by guarantee}
TRUSTEES. REPORT {CONTINUED}
FOR THE YEAR ENDED 31 MARCH 2022
Newly appointed Trustees receive an induction including face to face training and information lo support their
effective perfomiance as Trustees. Succession planning is in place for those trustees who plan to retire or leave,
with a handover period established whenever possible.
Organlsatlonal structure
The overall responsibility for the charity rests with the Board of Trustees, who are also appointed as directors of
the charitable company. The Board of Trustees meets bi-monthly through the year to review the charity's strategy
and operational perfomiance and lo agree operational plans and budgets.
The Board of Trustees delegates the authority of the day lo day management of the charity to the Chief
Executive Officer.
Remuneration for the Chief Executive Officer and other staff members is set by the Trustees having considered
the remuneration in similar organisations and the financial position of the charity.
Rlsk Management
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the
operations and finances of the charity, and are satisfied that systems and procedures are in place to miligale
exposure to the major risks. Major risks are reviewed at every Trustees, meeting, covering areas in Governance
& Management, Operations, Finance, Environment8llExternal Factors and Complian￿.
The charity is reliant on grant funding to researchers lo enable them lo publish their research into personal
health experiences. Such grant funding has historically been received either directly by the charity or from
universities in receipt of the research grant of which Oxford is the main, bul not the only, University. In the past
two years, sources of funding have diversified to include other health partnerships, consultancy and new social
care collaborations. The Trustees review historic income and forecast income on a quartedy basis, which covers
8 period of 12 10 18 months, upon which they determine the future level of affordable costs and required cash
reserves. The Trustees also ensure that projects are adequately resourced before project inrtialion and verify
that there are sufficient projects in hand lo support the following yearfs activities.
The charitls financial policies provide full cash reconciliation of all income and expenses on a monthly basis and
preparation of annual budgets, management accounts every two months and quarterly cash forecasts.
FUTURE PLANS
Ongoing redevelopment of our flagship website, heallhtalk.org
Launch of a sister sile, socialcaretalk.org
Long term organisalional strategy review
Increase range of working partners
Acknowledgements
In addition lo income derived from research modules and consultancy, DIPEX relies on donations and
partnership revenues lo support ils work. Details of funding can be found on our websites on the credits page of
each condition.
We acknowledge gratefully the support we have received from everyone in the past year, be il financial, through
provision of infomialion, membership of an advisory panel or general support from enthusiasts and friends. Our
thanks go also to our Patrons and advisors, colleagues at the Health Experiences Research Group of Oxford
University and other academic partners.
Page 4

DIPEX
{A company limited by guarantee)
TRUSTEES. REPORT (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2022
TRUSTEES. RESPONSIBILITIES STATEMENT
The Trustee5 Iwho are also directors of DIPEX for the purposes of company lawl are responsible for preparing
the Trustees, Report and the financial statements in accordance with applicable law and Unrted Kingdom
Accounting Standards (Unrted Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial stalemenls for each financial year. Under company law
the Trustees must not approve the financial statements unless they are salisfied that they give a true and fair
view of the state of affairs of the charitable company and of the incoming resources and application of reSoUr￿s,
including the income and expenditure, ol the charifable company for that period. In preparing these financial
stalemenls, the Trustees are required to..
select 5uitsble accounting policies and then apply them Gonsistently.,
observe the methods and principles in the Charities Statement of Recommended Pr2Ctits',
make judgments and 8¢counling eslim8tes that are reasonable 8nd prudent.,
prepare the financial slalements on the going con￿rn basis unless il is inappropriate to presume that the
charitsble company will continue in op@ration.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
Ihc charitable oomptsny,.
tranèaclions and disclose with reasonable accuracy al any time the finoncitsl PO￿lt10n of
Ihe charltable company and enatrile ihem to ensure that the financial staiemenis comply wrth Ihe Gompanles Aci
2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking
reasonable steps for the prevention and detection of fraud and othor irregularrties.
Approved by order of the members of the board of Trustees and signed on their behalf by..
S Hilton
Dal9'.
Jad 2021
Page 5

DIPEX
IA company limited by guarantee}
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2022
Indgpgndgnt Examingr'$ Report to the Trustses of DIPEX I'thg charitsble ¢ompany'}
I report lo the charity Trustees on my examination of the accounts of the charitable company for the year ended
31 March 2022.
Responsibilities and Basis of Roport
As the Trustees of the charitable company land ils directors for the purposes of company lawl you are
responsible for the preparation of the accounts in accordan￿ wth the requirements of the Companies Act 2006
{'Ihe 2006 Acl'l.
Having satisfied myself that the accounts of the charitable company are not required lo be aLJdiled under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the
charitable company's accounts carried OLJt under section 145 of the Charities Act 2011 {'Ihe 2011 Act'l. In
carrying out my examination I have followed the Directions given by the Charity Commission under section
14515llbl of the 2011 Act.
Indgpgndgnt Examingr's Ststsmgnt
I have completed my examination. I confirm that no matters have come lo my attention in connection with the
examination giving me cause to believe..
accounting records were not kept in respect of the charitsble company as required by section 386 of the
2006 Act., or
the accounts do not accord with those records., or
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 'lrue and faiv view which is not a maller considered as part of
an independent examination- or
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 lapplicable lo charities preparing their
accounts in accordance wth the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 10211.
I have no concerns and have come across no other mallers in connection with the examination to which
attention should be drawn in this report in older to enable a proper understanding of the accounts to be reached.
This report is made solely lo the charitable company's Trustees, as a body, in accordan￿ with Part 4 of the
Charities (Accounts and Reports) RegLJlalions 2008. My work has been undertaken so that I might slate lo the
haritable companls Trustees those matters l am required lo stale to them in an Independent examiner's report
and for no other purpose. To the fullest extent permitted by law, I do not ac￿pt or assume responsibility lo
anyone other than the charitable company and the charitable companys Trustees as a body, for my work or for
this report.
Signed..
Michael Bath Bsc FCA DChA
Dated.. 9 November 2022
James Cowper Kreston
Chartered Accounlanls and Statutory Auditors
Cumnor Hill
Oxford
Oxfordshire
OX2 9GG
Page 6

DIPEX
IA company limited by guarantee}
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2022
Unrgstricted
funds
2022
Totsl
funds
2022
Total
funds
2021
Notg
Income from:
Donations and legacies
Charitable activities
Other trading activities
7,518
150,795
800
7,518
150,795
800
4,411
84,172
1,298
Total income
159,113
159,113
89,881
Expenditure on:
Raising funds
Charitable activities
1.409
139.909
1.409
139.909
500
139,409
Total expenditure
141,318
141,318
139,909
Net movement in funds
17,795
17,795
150,0281
Reconciliation of funds..
Total funds brought forward
Nel movement in funds
35,621
17,795
35,621
17,795
85,649
150,0281
Total funds carried forward
53.416
53.416
35,621
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 9 10 22 form part of these financial statements.
Page 7

tXPEX
IA company limited by guaraDto01
REGISTERED NUMBER: 4178865
BALANCE SHEEr
AS AT 31 MARCH 2022
2022
2021
Flxed assets
Intangible assets
Tangible as¥ets
Investments
10
11
12
3.690
1,199
8,610
2,398
4090
11,009
Curront assets
Debtors
Cash at bank ar￿ in hand
13
116,906
73,339
29,846
64,340
190,245
94,186
Cr&Jitors.' amounts fallino due within one
14
{141.719}
(69,574)
Net current assets
48.526
24,612
Total net assets
53N16
35,621
Charity hjnds
Unrestricted funds
15
53N16
35.621
Total funds
53A16
35,621
The charitable company was enIrt￿ to exemption from audit urKler section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in a￿)rdance with
seth.on 476 of Companies Act 2006.
The Trustees acknowledge their responsibilrties for complying wilh the requirements of the A¢t with respect to
aceounling records and preparation of finaneial statements.
The financial ststements h
the
mall
mpanies regi
e been prepared in accordance wrth the provisions applicable to entities subject to
na
te
appmved and aLrthorised for issue by the TnJstee$ and signed on their behatt by."
arsden
Date.. 22 September 2022
The notes on pages 9 to 22 fomi part ofthese financial st8toments.
Page 8

DIPEX
IA company limited by guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Accounting policios
1.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP IFRS 1021
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 IFRS 1021 (effective 1 January 20191, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006.
DIPEX meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially
recognised al historical cost or transaction value unless othenNise stated in the relevant accounting
policy.
1.2 Company status
The Charity is a company limited by guarantee. It is incorporated in the UK and registered in England
and Wales. The members of the company are the Trustees named on page 1. In the event of the
Charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the
Charity.
The financial statements are presented in Sterling, which is the function81 currency of the Charity,
and rounded lo the nearest pound.
1.3 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 charitable company and which have not been designated
for other purposes.
1.4 Going concern
The Trustees believe that there are no material uncertainties related to the Charity's ability lo
continue as a going concern. This is due lo several modules planned in the next financial year and
other future plans as outlines in the Trustees, Report. The Charity also has sufficient cash reserves lo
fund ils operations for the foreseeable future. Therefore these financial statements have been
prepared on a going Con￿rn basis.
1.5 Incorne
All income is recognised once the ch8ri18ble company has entitlement to the income, il is probable
that the ineome will be received and the amount of income reeeiv8ble can be measured reliably.
Grants are included in the Statement of financial 8clivilies 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 acctued.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is
recognised at the time of the donation.
Other income is recognised in the period in which it is receivable and to the extent the goods have
been provided or on completion of the service.
Page 9

DIPEX
IA company limited by guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Accounting policies Icontinugdl
1.6 Govgrnment grants
Government grants, including Covid-19 related grants, are credited lo the Statement of financial
activities as the related expenditure is incurred.
1.7 Expgnditurg
Expenditure is recognised once there is a legal or ¢onstru¢tive obligation to transfer economic benefit
to 8 third party, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation be measLJred reliably. Expenditure is classified by aclivily. The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly
to that activity. Shared costs which contribute to more than one activity and support costs which are
not attributable lo a single activity are apportioned between those activities on a basis consistent with
the use of resources. Central staff costs are allocated on the basis of tsme spent, and depreciation
charges allocated on the portion of the asset's use.
Expenditure on raising funds includes all expenditure incurred by the charitable company lo raise
funds for ils charitable purposes and includes costs of all fundraising activities events and non-
charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
charitable companls objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
1.8 Intangiblo assets and amortisation
Intangible assets are capilalised and recognised when future economic benefits are probable and the
cost or value of the asset can be measured reliably. Intangible assets are initially recognised al cost
and are subsequently measured at cost nel of amortisation and any provision for impairment.
Intangible fixed assets are amortised over 3 years on a straight line basis.
1.9 Tangiblg fixod assets and depreciation
Tangible fixed assets costing £1,000 or more are capilalised 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 al 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 ¢osl.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value
over their estimated useful lives, using the straighl-line method.
Depreciation is provided on the following basis..
Computer equipment
3 years
Page 10

DIPEX
IA company limited by guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Accounting policies Icontinugdl
1.10 Investmgnts
Fixed assel investments are a form of financial instrument and are initially recognised at their
transaction cost and subsequently measured al fair value at the Balan￿ sheet dale, unless the value
cannot be measured reliably in which case il is measured al cost less impairment. Investment gains
and losses, whether realised or unrealised, are combined and presented as 'Gainsl{Losses} on
investments, in the Statement of financial activities.
1.11 Interest recoivablo
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the charity., this is normally upon notification of the interest paid or payable by the Bank.
1.12 Debtors
Trade and other debtors are recognised at the selllemenl amount after any trade discount offered.
Prepayments are valued al the amount prepaid net of any trade discounts due.
1.13 Cash at bank and in hand
Cash al bank and in hand includes cash and short-lerm highly liquid investments with a short maturity
of three months or less from the date of a¢quisilion or opening of the deposit or similar account.
1.14 Liabilitigs
Liabilities are recognised when there is an obligation al the Balan￿ sheet dale as a result of a past
event, il is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be eslimaled reliably.
Liabilities are recognised at the amount that the charitable company anticipates it will pay lo settle the
debt or the amount il has re￿iVed as adVan￿d payments for the goods or services il musl provide.
1.15 Financial in$twmgnts
The charitable company only has financial assets and financial liabilities of a kind that qualify as basic
financial instruments. Basic financial instruments are initially recognised at transaction value and
subsequently measured al their settlement value.
1.16 Pgnsion$
The Charity does not currently operate a pension scheme, bul makes contributions lo the personal
pension scheme of staff members.
1.17 Critical accounting gstimates and aroas of judgment
The preparation of the financial statements requires management lo make jLJdgements, estimates
and assumptions that affect the amoLJnts reported for assets and liabilities al the Balance Sheet dale
and the amounts reported for income and expenditure during the year. However, the nature of the
estimation means that actual outcomes could differ from those estimates. There are no particular
areas of judgments or estimation un￿rtainlty that are material lo the financial statements.
Page11

DIPEX
IA company limited by guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Income from donations and 1oga¢ies
Unrfrstrictod
funds
2022
Restricted
funds
2022
Totsl
funds
2022
Total
funds
2021
Donations
Government grants
7,518
7.518
2,858
1,553
7,518
7,518
4,411
Total 2021
2,911
1,500
4,411
Income from charitable activities
Unrestricted
funds
2022
Total
funds
2022
Total
funds
2021
Grant income
Income from subscriptions
Website development income
129,774
1,271
19,750
129,774
1.271
19,750
60,900
708
22,564
150,795
150,795
84,172
Tol812021
84,172
84,172
Income from other trading activities
Income from fundraising events
Unrestricted
funds
2022
Totsl
funds
2022
Total
funds
2021
Licensing
800
800
1,298
Total 2021
1,298
1,298
Page 12

DIPEX
IA company limited by guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Analysis of expgnditurg on charitsble activities
Summary by fund type
Unrfrstrictod
funds
2022
Rgstrictgd
funds
2022
Totsl
funds
2022
Total
funds
2021
Expenditure on charitable activities
139,909
139.909
139,409
Total 2021
138.909
500
139.409
Summary by expenditure type
Depreciation
and
Staff costs amortisation Other costs
2022
2022
2022
Total
funds
2022
Total
funds
2021
Expenditure on charitable
activities
105,161
6,119
28,629
139,909
139,409
Tol812021
101,780
5,386
32,243
139,409
Analysis of expenditure by activities
Support
costs
2022
Totsl
funds
2022
Total
funds
2021
Expenditure on charitable activities
139,909
139.909
139,409
Total 2021
139,409
139,409
Page 13

DIPEX
IA company limited by guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Analysis of expgndituro by activities Icontinuedl
Analysis ofsupport costs
Totsl
funds
2022
Total
funds
2021
staff costs
Depreciation and amortisation
Staff travel and training costs
IT costs
Website costs
105.161
6,119
529
101,780
5,386
79
5.222
5.985
882
4,533
10,180
858
117
Professional and consulting fees
Loss on disposal of fixed asset
Office costs
Governance costs
12.059
3.952
12,700
3,776
139,909
139,409
Independent examiner's remuneration
2022
2021
Fees payable lo the charitable company's independent examiner for the
independent examination of the charitable company's annual accounts
Fees payable lo the charitable company's independent examiner in respect
of..
Fees payable for the preparation of the charitable company's annual
accounts
2,185
2,070
935
832
900
806
Fees payable in respect of other services not included above
Page 14

DIPEX
IA company limited by guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Stsff costs
2022
2021
Wages and salaries
Social security costs
other pension costs
96,206
6.720
2.235
93,258
6,405
2,117
105.161
101,780
The average number of persons employed by the charitable company during the year was as follows..
2022
No.
2021
No.
Employees
No employee re￿iVed remuneration amounting to more than £60,000 in either year.
Key management personnel of the charity comprise the Trustees and the Chief Executive Officer. Total
remuneration in respect of key management personnel for the year ended 31 March 2022 is £65,392
12021.. £66,270).
Trustees. remuneration and expenses
During the year, no Trustees re￿iVed any remuneration or other benefits12021- £NILI.
During the year ended 31 March 2022, no Trustee expenses have been incurred12021- £NILI.
Page 15

DIPEX
IA company limited by guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
10.
Intsngiblg assets
Website
dgvglopment
Cost
At 1 April 2021
14.760
At 31 March 2022
14.760
Amortisation
At 1 April 2021
Charge for the year
6,1 $0
4,920
At 31 March 2022
11.070
Net book valuo
At 31 March 2022
3,690
At 31 March 2021
8,610
Page 16

DIPEX
IA company limited by guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
Tangible fixgd assgts
Computer
equipment
Cost or valuation
At 1 April 2021
2,398
At 31 March 2022
2,398
Depreciation
Charge for the year
1.199
At 31 March 2022
1.199
Net book value
At 31 March 2022
1.199
At 31 March 2021
2,398
12.
Fixed asset investments
Shares in
group
undertakings
Cost or valuation
At 1 April 2021
At 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021
Page 17

DIPEX
IA company limited by guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
12.
Fixed assgt invg$lment$ Icontinuedl
Principal $ubsidiarie$
The following was a subsidiary undertaking of the charitable company..
Namo
Company
number
Registered office or principal Principal activity
place of business
DIPEX Health Limited
05274826
2 Chawley Park, Cumnor Hill,
Oxford, OX2 9GG
Dormant company
Class of
shares
Holding
Ordinary
100/0
The financial results of the subsidiary for the year were..
Namo
Net as$gt$
DIPEX Health Limited
DIPEX Health Limited is a dormant company that has not traded throughout the current or prior year. The
Trustees have valued the Charity's investment in the company on the basis of their best estimate of the
market value of the company.
Debtors
2022
2021
Trade debtors
96,211
20.695
25,250
4,596
Prepayments and accrued income
116,906
29,846
Page 18

DIPEX
IA company limited by guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
14.
Crgditors: Amounts falling dug within one year
2022
2021
Bank overdrafts
Trade creditors
Other taxation and social security
Other creditors
Accruals
Deferred income
566
3.017
836
66
2,945
809
7,200
58,549
129,960
141.719
69,574
2022
2021
Deferred income al 1 April 2021
Resour￿$ deferred during the year
Amounts released from previous periods
58,549
112.288
{40,8771
46,438
45,940
133,8291
129,960
58,549
Deferred income consists of grant income for modules which were not fully completed at the year end
and licence fee income for agreements extending past the year end.
Page 19

DIPEX
IA company limited by guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
ststgmgnt of funds
ststomont offunds - curront ygar
Balance at
31 March
2022
Balance at 1
April 2021
Income Exponditure
Unrestrlcted funds
General Funds - all funds
35,621
159.113
1141,3181
53.416
Statement of funds - prior year
Balance at
31 March
2021
Balance at
1 April 2020
Transfers
inloul
Income Expenditure
Unrestricted funds
Gener81 Funds - all funds
85,649
88,381
1139,4091
1,000
35,621
Restricted funds
Restricted Funds- all funds
1,500
15001
11,0001
Totsl offunds
85,649
89,881
1139,9091
35,621
Page 20

DIPEX
IA company limited by guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
16.
Summary offunds
Summary offunds - curront year
Balance at
31 March
2022
Balance at 1
April 2021
Income Exponditure
General funds
35.621
159,113
1141,3181
53,416
Summary offunds - prior year
Balance at
31 March
2021
Balance at
1 April 2020
Transfers
inloul
Income Expenditure
General funds
Restricted funds
85,649
88,381
1,500
1139,4091
15001
1,000
11,0001
35,621
85,649
89,881
1139,9091
35,621
17.
Analysis of net assets between funds
Analysis of net assets between funds - current year
Unrestricted
funds
2022
Total
funds
2022
Tangible fixed assets
Intangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
1,199
3,690
1,199
3.690
190,245
190,245
1141,7191 {141,7191
Total
53,416
53.416
Page 21

DIPEX
IA company limited by guarantee}
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
17.
Analysis of ngt a$$gt$ betwegn funds lcontinuedl
Analysis of net assgts betwggn funds - prior ygar
Unrestricled
funds
2021
Total
funds
2021
Tangible fixed assets
Intangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
2,398
8,610
2,398
8,610
94,186
169,5741
94,186
169,5741
Total
35,621
35,621
18.
Pension commitments
Pension contributions of £503 were unpaid as at 31 March 2022 (2021.. £4941.
19.
Related party transactions
On 30 May 2013 DIPEX International (Company Number 085502731 was incorporated. This is a charitable
company limited by gLJaranlee. DIPEX is a member of DIPEX International and is liable to pay £1 if the
charitable company is wound up.
During the year the Charity received £1,56512021.. £1,565) from DIPEX International in respect of services
provided. Al the year end there was £261 received from DIPEX Inlernational12021: £2611 which appears
within deferred income.
During the year the Charity paid £500 12021.. £5001 lo DIPEX International in respect of annual
membership fees.
Page 22