16APR REGISTERED COMPANY NUMBER.. 04351567 IEn9land and W•knl REGISTERED CHARrrY NUMBER: 10904Y Roport of th• Trustee and Unaudlted Flnncio1 Slatem•nts for the Year Ended 31 Juty 2025 f¢x Pulvertaft Hand Charlty M. J. Shapcolt & Co. LSmit Ch8rt8r8d AccountÈnl8 ¢thr House. wrn C<yJrt StanOr Way Derby DE216BF
Pufvertaft Hand Charlty Contents of tho Flnanclal Statpm•nts for the Y¢ar Ended 31 July 2025 Pagt Report ofthe TfUSte•$ 1 to 2 Ind•pendont Examln•ls R¢pgrt St*tsm•nt of Flnandal Ac¢lwltlo$ 8alan¢• Sheet Notes to the FInCIal Statemènts 6 to 9 Delaikd Statsment of Flnanclal ktMII 10
Pulvortaft Hand Charlty Rgport of the Truslees fr•r Y•ar Endod 31 July2025 The IStee$ are pkased to wesent th8ir annual dif8clor8' report Iwth8r 1th the consolidatod finaThckql statgm&nts of the charity for thè year ending 31 July 2025 ¥thich arè a180 prepared tr) meetthe requlr8ments for a dir8ctors' rwrt ar accounts for Companies Act purposes. The finan¢hil statèments ¢omply with lh8 Chartties Act 2011. the Cornp8nie$ A¢t 2¢X6. Ihe MemoraJ)durn and Articles Df As5walon. and Accounting and Reporbng by Charibes.. Statèment ol Recommènded Practlce applirJble to eharlthi$ preparing Ihoir accounts in acwrdanc8 Vith tt)a Financial Reportin9 Slandard appIable in thtr UK and Republic gf Ireland IFRS 1021. OBJECTIVES AND ACTivrriES Objectlve$ and aims The object of Ihe Charity 15 that of premotsng and deVdan9 for the benefit of thg publlc r8s8arch Into and aducatlrg 8both the causes and treatment of upper Umb di5abilttKps and11kn4ss86. ACHIEVEMENTS AND PERFORMANCE Charftsbl• a¢tivltl88 Aside from the pmmsion of eour58s there wer8 no other charftablè 8dvttlgs durtng Ihe year. Fun(a151ng activllies The PUèrtaft Hand Centre has ¢ontlnuod to be very a¢tfvè in th# year uThYtr ra$. runn1 courses. The Ineome from the eours88 rxjvers thg I¢ ol runnlng such wur6&s and a180 pays for various items ol ctiniul 8quipm8nt, stsff training, g8neral offi¢6 UIpment etc. Th main beneficiary is the research that is conducted hthIn the departmént the trt funds support res•arch regist anij SearCh therapy SèSSK>n8 as well as a ¢ertain amount of secretarial support during tho financkal year. r( aL supports the presentation of res•arch findings at National and Intamational wentffic eonfèTen¢es. FINANCIAL REVIEW Prrncipal fundlng sourc Th8 Chanty is not in r8ceipt of any grant or funding frorn crtttslde sour, all IoMe is from Iho aclgvit18s of ¢ou proviwon. R•s•rves poll¢y The funds of th8 Chaty are adrninistr8ted applied by the tru5tee8 trj effe¢bvely rn8et the oblecilves of the Charity, adhgring appropriate to any restrictions placad on specific funds. Funds are retained to en$ that the Chwiw can continue io ffleet its objeotives. The balance of funds avaijable at 31 Juty 2025 was £214,890 12024.. £156,355>. Dotall of OptIng costs Included in Sundries afg the follown9 $t$- W&bsrte and wmputereosts £8.039 STRUCTURE. GOVERNANCE AND MANAGEMENT Govgmlny document Th& charity is ntrOl by ts govemlNJ (locument. a deed ol trust, and COStituteS a limltad company. limitwj bi guaranteo, as defined by tha Companies Act 2006. Charity is ¢StitUted as a company Ilmited by guarant8è. and is thgrafore gjvemed by 8 m8morandum and of association dated 11 January 2002. hjl directOT$ of the company a also thjstees of Ihe charity lor Charitie5 Ad ptvpose8 and there arè no other trustees. The board has th8 power lo appoiTrt addits'onal truste88 as it ¢onsidor8 fjt lo so. Th9 trustees regular meetiiwjs to mrltOr the progr85$ of Ihe charity. Ro¢rultrnent and appointmont of new trustees The Trus188$ are elact8d and appointed at thg Charity9 Annual General me8b.ng and also as v8wcies arise. The trust8 have Th) financial interest In Ihe r4)mpany. InduCn of Ihe appThnig9 was based upon the eXpti5 of eath candklate. Oryanlsatloml $lTU¢ture The affairs of Ihe Charity are govemod by the board of the ¢harity, whlch has eslabllshed rul88 for the managemgnt and eontral of the charity'3 funds. Day to day managernent of the affair5 of the charlty is d818gatsd to the offirrs, and to particular indivhluals who are respon5ibl8 for specific asp8¢ts of the charftys operations. Th8 tnBtees of the company constitute directors for Companles Act purposes. Thefv are no otr trustee5. Those who hav8 held olfKo a5 trusteg in ihe PariDd upder reviow 8xcept httere tsth8rwise Indicated are shovm on pag8 2 of thL% rort. Paga 1
Pufvertaft Hand Charfty Report of thè Trustsas for1 Y•ar End•d 31 July 2025 STRUUUR& GOVERNANCE AND PIANAGEMEMT Rolatedparties There we no ¢harrfJes In the Charity Trusl8e¥ during Ihis acrountaThcy porfod REFERENCE AND ADMINISTRATNE DETAILS R8gi5tthpd Compony number 043515ST (England and Wglesl Regl$t&Yd Charfty numb•r 1090471 Reg1•d offic• CharterHtsuse Wyvemcourt. Slani Way WywemBusiness Park DeY DE2168F Tru$1tt5 Durlng the yèar under rèwew Ihe truste8s were.. C Hgra>Palou P G Ruwll Mis5 TC Hortc Rcwwd A Sdby T R KBro CLwullant Hand Surgeon Consubnt Hand Surgeon Consuhant Hand sUrgn Independent Trustee Research Manager Consuthnt Hand Surgeon onsuhant Hand Surgeon Independetst Examln•r Mrs K Fshapcott FCA M. J. Shapwtt & Co. Lirnitod ch8rt1J Awountants CharteiHou89, Wyvern Court Stsniwwoy DeY DE21 8¥nkè The C4xperatThlg Bank pk 18alknDn Street Manc*8stèr M60 4EP Nal¥%wt Group 36 sikndr8w Square Ed&ur9h EH2 2YB ro1 by order th8 board of trustees on 12 January 2026 and SIgd on its boh8W by.. C HaloU- Trustee Pag8 2
Independent Examlnerf8 R8POrtto the TNstee8 of Pulvertaft Hand Charlty Independont xarnln•rts report to thg trU$te•s ol Purtaft Htnd Charlty fthe Companll I report to the tharity trustses on my &xamin8tion of the accounts of the Compar¢yfor the year ended 31 Juty 2025. R•spon$lblNtl•s and basls of report As the chantys trustees ofthe Company land also ts dlrectorn forthg purp)ses of wmpany 18wI you are rpsponslbb for the preparatton of ac£ount8 in aecordance Mfilh the requSrern8nts of th& Companies Aet 2006 Ilhe 2006 AeVI. Hawry satisfied rnysolf that the accounts of the Company 8r8 nol requir to be auditsd under Part 16 of the 2006 Ad and ar6 eligi8 for independent ex8mination, I report in Espect ol rny gx#minath)n of your charity's accounts as carrie¢ out under Section 145 of the Charili8s A¢t 2011 Ilh8 2011 Act'l. In c8rrying out my examinatSon I have followed the Clrgctions gIn by Iha Charity CommissK)n under Section 145151 Ibl ol th? 2011 Act. Indep•ndent examln•rfs gtatèmtht I have (y)mpleted my gxamlnation. l Confirm tha¢ no mattars ha comg to my attenth'on In connecion the examination giwThJ me cause to believe.. 8¢counting red5 not kgpt in rnspgct of thg Cornpany as required by sect 386 of th8 2006 Art or th8 accounts do nol accord wth those r8ccKds", OT th8 accounts do not comply wilh the accounting re(wirernents of SectK)n 396 01 the 2008 Act other than aw requirement Ihat the accounts glve a true 8nd fair view whlch is not a matter considered as Part of 01 indgpendent exarninats"on,' or the accounts have not been prepared in ac¢ordat)ce the m8thods and prin¢iple8 of ststem8nt d Recommendod Practice for accounting and reporting by charlts"s (applicab to charitie5 preparing ther atsun In aance Wth the Finan¢xal Reporting Standard aFyli¢8ble in the UK and Rgpublio ol Ir8land IFRS 10211. I have no concerns and have coma across no othermatters in crmnectlon wth thg exAmination lo attenlKJn $h)u be drawn in Ihis report in uderto enable a propar understandlr#J of the accounts to be read. Mrs K F Shapcott FCA M. J. shaptt & Co. Lirnited Chartered Accountants Chart8r HtsJse, Wyvem Cujrt Stsni8r Way D8Y DE216BF 7 February 2026 Page 3
Pulv¢rtaft Hand Charlty Stat•m¢nt of Flnanclal A¢tlvttloS Ilncorporatlng an Income and Expendlture A¢¢ounti forthg Yoar End•d 31 July 2025 2025 Unrestiicted fund 2024 Total lunds Notes INCO1 AND ENDOWMENTS FROM Donatkns legacles 540 3,251 Charftsble actlvltle Goner4 138.414 113,908 Total 138.954 117.159 EXPENDITURE ON Ralswfvnds 59.871 54,349 Charthlo ac¢lvl¢l•o Genérl 20,640 56.811 Total 80,511 111.160 NET INCOME S8,443 RECONCILLATION OF FUNDS Totsl funds broughtfon¥ard 156,335 150.336 TOTALFUNDS CARRIED FORWARD 214,778 156,335 The noies fomi pgrt of these flnancl81 st#tnwnts Page 4
Pufvgrtaft Hand Charlty Balan She•t 31 July 2025 2025 Unresth¢ted fund 2024 Tolal funds Notes CURRENT ASSErs stocks Debtors Prepaymenls and accrued inc(ne Cash at bank and In hand 1290 8,815 590 211,162 170,157 221,857 170.857 221.857 170.657 TOTAL ASSETS LESS CURRENT LIABILITIES 221,857 170.6S7 ACCRUALS AND DEFERRED INCOME 17,0791 114,3221 NET ASSETS 214,778 156, FUNOS unstrict8 funds 214,778 156.335 TQTAL FUNDS 214,77B 156.335 The Charitable company Is entiljed to exèmption from audlt undgr S¥tion 477 of the Companies Ad 26 for the wr and 31 Juty 2025. The members have not required the comp8lly to obloln an audlt of Its finonclal statements for the ar endgj 31 Juty 2025 in accordance with Section 476 of the Companles Act 2006. The trustees a¢knowl8dg8 Ih8ir responsibilities for lal gnsuring that the chaiitable company k98ps accoUntiW records that comply Sections 386 and 387 of tto Companies Act 2006 an¢J preparfng financial statements whith give a true and fair vlew of the Stste of affalrs of the charitable iyjrnpany Is at the end ol each financial yoar ard ol Its SLKplus or doficit for each financial year in accordance V1h requirements of S8ctson$ 394 and 395 and which other¥4ise cornply with th8 wuiroments (pl Ihe COrnpan$ 21)06 relating to finanaal statemertls, so far 8s appjicable to the ch8rit8ble (x)mpany. Ib Thosa ffinancial ststsments h8v8 b8en wepared in 8ccordance lth Ihe provisions 8pplieable lo chartsbl8 (xjrnpanies subject to the small compani95 regi. T1 financial ststements re approved by the Board ol Trust8es and wthorised for on 12 Jamjary 2028 ¥J were signed on It8 boh81f by.. C Hgr8S-P8b>J- Trustee Th& notes form part of Ihg8 fin8ncl81 statements Page 5
Pulvertaft Hand Charlty Notes to the Flnanclal Stst¢rnents for the Y¢or Ended 31 July 2025 ACCOUNTING POLICIES aSi5 Ot preparing th• financial slatsmonls The financial Statements of the charitable company, whleh is B wblc benefrt entity under FRS 102, hav9 Lwn iPared in aordanCe with Ihe Charities SORP IFRS 1021 ACCOUnng al Rewrbng by Charities.. Statement If Recommended PractlC8 applicable to charitses preparing th&ir accounts in accordance with the Financial Reporting Standard applicable in the UK and Rèpubllc of Ireland IFRS 1021 leffectiv8 1 January 20191.. Flnanclal Reporbng Standard 102 The Fi$7ancial R8porbng Standard applicab in the UK and Repu ol Ireland, and th8 rpanIeS Act 2006. The fiTh9n¢1 8tatsments havg trogn prapafèd Und hlstodcal cost ¢onventDn. The prosentation currency of Ihe financial slatgm¢nt$ Is thè Pound Storfing (£1. mo D10n0. legacie8 and similar cOMIng r850ur¢•s These aro included in th¢ Statement of Finan¢i81 Actiwbès ISOFAI art". The charity becLJmes entilla to the donation, legacy or slmllar Intom8 and any ¢d0cl)s1Or recdpt are met,. rh8 tru5t8es ar8 rgasonabty certsin they will receive it.. and The trusto6s are roasonabty certain that the value can b9 reliawy m¢&sur8d. rax r•¢lalm$ on donatlon$ and gifts hcoming re50urc88 from tsx claims a induded (#) the SOFA as th8y are T8tsiv8d from the Inland Revenu& thèn applieablo. h¢oming r•sour¢os from fund ral$lng Th8s8 8re reported gross ill the SOFA. GSfts in klnd for sale or dlstrfbullon These ere intKJded in th8 8ccounts as gilts only bvhen sotij or diStritted by Ihe charity. Grfts in kirKI 8rè counlgd for at a reasonab 8Stlmat• of thoir waluè to the charlty or Ihg amount rgC8iV8d. Gifts in klnd for us• bylh& charfty Ihese are in¢Iled in tho SOFA as incomlng resour *fien rec8lvabb. tsngIb Ineomè {•0 donat•d la¢llltle81 This is only included in incoming resources an equivalent amount in resources 8XP8ndedl vthere another [4ty Is bearing the financial cijst ol the rgsources suppliod and the bonefit Is ouanb"fiable. receIvae and material. Intsngiblg income 18 V81ued at the lower of cost bome by the party be8riro the c08t and 8 r88sonaa ptstimate of the value ol the don8lion to the tharity. Volunteer help The valw of aDy voluntser help rgceived18 Indud8d in Ihe accounts. Inv•sthwnt Incomo Thls and any asscthted tax ¢redit is indudgd in the accourrt5 Trhhen reteivable. Expendlture Uabilitlos are rowgnlsed as exp8ndliure as socm as Ihgre 15 a 18gal or construGtive ObligaOn c(¥nmitting the ¢hanty to that expenditurg, It is probable that a tran8fer of 8(x)nomic benèfits VAII be roqulred in seiuement and e aTTh)unl of the obligation can be measured reliably. Exp8ndi14Fre Is accounted for on an accruals bags and s bèèn cLfjssthed undar headings that aggregate all cost r91at8d to the catogory. Where o)sts cannot be threclty attritvjted to particular headings they have been allocated to acti¥eS on a bhsis consistent the use of resourees. Grants offered subject to conditsons whKh have not be8n met at thg yo8r end dat¢ are noted as 8 commlthent Jt not accrued 08 8xpendIr8. Sto¢k$ Stocks arg valu8d at the lower of cost and net realSsable value. after making du8 allowancé for {80118 and sbw moving items. TtiOn The Charty is exernpt from corporalK)n lax ¢)n its charitab18 activities. Fund aceountlng Unre$tri¢ted funds G9n be u$ed 8cu%d8nce with the crItable objectives at the dl8creb.on of the truste88. Page 6 conlinu$d...
Puhrtaft Hand Charfty Not•s to the Flnanclal Stat•m•nts- cont5nugd for the Y•Ar Ended 31 July 2025 ACCOUNTING POUCIES - ntInUed Fund •ccountlng Restricted funds can only b8 U58d for parfi¢ular reslrfded puws wpthin thè obja¢t5 of th8 charity. Restr110 arise when specffi•d by the donor Orthen fiJnd9 raised for partrcular resmctsd pu)588. Further explanatnn of tho naiura and of •8eh fund 1$ included in the notes to Ihe finarKial 8taternents. TRUSTEES. REMUNERATION AND BENEFITS Th#r8 ere tNstees' ramun8ration or other b•fi(B fef thg year ended 31 Juty 2025 nor for the y8hr enddl 31 July 2024. Trust•eB' •xp•n• There wwe no trust885' expenses pald for tha yoar ended 31 July 2025 rK)rts the year ended 31 July 2024. COMPARATIVES FOR ThE STATEMENT OF FINANCIAL ACTIVITIES Unrestrided fund INCOME AND ENDOWMENTS FROM DOnats"05 and 8cleS 3.251 CharFt•ble aGtiviti•8 Cneral 113.906 T4)tal 117,159 EXPENDtruRE ON Raising funds 54,349 Charitable activltlg$ G8ngral 56,811 Totsl 111,160 NEf INCOME 5.999 RECONCILIATION OF FUNDS Tolal fvnds brought forword 150,336 TOTAL FUNDS CARRIED FORWARD 1,335 STOCKS 2025 2024 Stocks 1,290 500 Page 7 continued...
Pulvertaft Hand Charfty Notes to the Finan¢lal Statsm•nts- ¢ontlnu•d for the Y•ar Ended 31 July2025 tÉBTORS: AMQUNTS FALLING DUE WH1N ONE YEAR 2025 2024 Trade debtors 8,815 ACCRUALS AND DEFERRED INCOME 2025 2024 k4)vals pnd defeThed Inc<>m6 7,079 14,322 IOVEMENT IN FUNDS Net movernant infw At 31.7.25 Ai 1.8.24 Unre8trictod funds GenefW fund 156.33S 58,443 214,7T8 TOTAL FUNDS 1S6,335 58,443 214.778 Met movement in funds. Includad in the al2V¢ are as follows". Incomlng resources ReSoue$ 8xwided Kknm8nt in fvnds nr•strkted funds C*neTal fund 138,954 180,5111 58,443 TOTAL FUNDS 138,954 180,5111 $8,443 Comparntlv•$ for mov•mont In funds movernant in bJnds At 31.7.24 At 1.8.23 Unrestricted fund• General fund 150,336 5,999 158,335 TOTAL FUNDS 150,336 5,999 156.335 Comparative net movement in funds, Includèd In the abovè are a$ fouows.. Ineoming rgsources Resource$ expended Movement in fund3 Unr•strl¢tsd funds G8n8r81 fund 117.159 1111.1601 5,999 TOTAL FUNOS 117,159 1111,1601 5,999 Page 8 eontlnued...
Pulwertth Hand Charlty Not•s to the Financ1 Statements . contlnued for the Yaar End•d 31 July202S MOVEMENT IN FUNDS- ¢ontlnuod A current year 12 rrtsnlhs and prior y8ar 12 rnonlhs uJmbin8d posllk)n Is as follow3.. movern8nt in fvnds At 31.725 At 1.8.23 Unr•8triGted lunds General fund 150.336 64.442 214,7T8 TOTAL FUNDS 1SO.336 64,442 214,778 A curyent year 12 r(KX)ths and prfor yeJr 12 months combined net movgment In funds, included in tho above w9 a5 follows-. Incoming resource3 Resour e)enl Movement in funds Unrestrlctsd funds Generdl fund 256,113 1191,871} 64.442 TOTAL FUNDS 256,113 {191,6711 64,442 RELATED PARTY DISCLOSURES There wgre no felated pwty transactions for the year erKled 31 July 2025. CAPITAL GUARANTEE Each memb8r has undertaken to contrlbute to ihe a35ets tsl tha tompany In the 9Vgnt of thè same belng wound up. such amounl as may be required noi exce8ding £10. 10. INDEPENDENT EXAMINERS REMUNEIIATION Feas payaNe to th8 Charrws independent 8X8rniner k*r the independent examinalJon'. £499.20. Fees payable to Ihe Charitys indepeThlent examlner for CountneY and other S8CeS.. £1,236.00 Page 9
Pulv•rtft Hand Charity tletailed Statement of Financial Actiwti•s fortha Year Ended 31 July 2025 2025 2024 INCOIE AND ÉND¢)WMENTS Donalins and lryaclo$ DonatKns S)dry1)Come 3.251 3,251 Charflthlg A¢tiviti08 Cour58f88S 138,414 113.908 136,954 117,159 EXPENJrruRE Othrtradlng actlvttt•s Cost rfwurs8 prov1810n 59,871 54,349 Cmritthle actiwties PostaJe8nd $tstionery SU Eqilpmnt fep8ir and repk¢ements Grantsty) In$Otutk)n6 4.869 12,961 3,434 25,465 1,239 25,000 18,776 55,138 SupJ>xtcosts Gowmance c96ts Actountsncy and legal fees 1.864 1,673 Totsl rur¢es 8ypended 80,511 111,160 Net IKoma 58,443 5.99g Thfis pap does r#)tfcxm of tha staiutoryfinancAal statsmants Page 10