MULTIPLE SCLEROSIS TRIALS COLLABORATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Registered Charity No. 1113598 Coow P•rry Advlsory Lin*t*d Ai$sda 46 High Str8et Esh Surrty KT10 gjy MULTIPLE XiEROSIS TRIALS COLLABORAnON FNANCIAL STATEMENTS FOR IHE YEAR ENLED 31 MARCH 2023 cO￿rENTS PAGE Legal and 8dmlnlstr*p￿ d•tsi1s Rowrt ollh• Tmst•tss Inde￿ndant Examinerf$ R•port Slal•merf d financial •th"vtt*s anc• sh0•1 Notes to th• fin•rK*I statew￿rtS LEGAL AND ADMINISTRAIIVE OETAILS Tru8ta•s Je￿mY Chthay. Ch&mwn Omar Malik Rithard Nichola5 Addr083 10L18 Charing Cross awnpus Iwial Ctho¢ London Fulham Pakn Road Lcffldon Ch•dty Numb•r 1113598 Accountants ind Ind8p•nd•nt E￿MIn•rn AJ"$s•Ja 46 High StrMI Esh•r Surr•y KT10 9QY MULMPLE SCiEROSIS TRIALS CJnl•d to £264.78612022.' £213.4461. All resour¢85 •xpended durry the y￿r werg appli￿ fft acC￿￿ne0 wilh th• obl￿tiV*S of th• charrty. rv•• Po 1¢ Th• charity hAs Very few frx•d ov•rhe4ds r•quir¥$ limrfed r•serves. Ils (yjrrnrrt Foly is ts h￿d unr•strfcl•d, ￿delIg￿*t•d r•seN•s $uffici•nt lo cov•rlhree morths op•rational 4Xpe￿rtur•. Th• the yo•r at the y•ar end hav• b••n in Un• V+ith this polKy. •t•••' rn• on Ibllltl•s •ts Tho trustees ar• rtrsponsiblo loi Fxty•n'ro Ihg TrustMs' Annual Rewt and $thtem•nts in K¢ordaru vrilh appllcablè law and Unllld Kingd¢)m Attounts'n9 Stsnd•rd¥ Iunlted Gener* Accepted AKountsrvJ Prnclk•}. The lth¥ appllc4bl• lo chathrtss in Enol*nd & Vvabes f•qLfrires th• trustees to P￿pa￿ finar￿￿) slalem•nts for ••¢h fin•rK5al yearvthic* give a tru& and f8ir viw4 of the stat• c(8ffalrs of th•nty and olthe ir￿Ing r•sourc•8 and apWi¢atson of rejowcos Of tha ¢*•rity lor that poriod. In pr•paring thesé finanoal stat•merds. th• we r•quire¢S to.. seloct surt•bl• ￿cOun￿n9 then OPFty tham C￿￿18¢•n1￿'. obseN• the rnethods and princ4ple8 in the Ch8nl*s SORP". mak• judoemenls and •51imates that are r•asonabl8 and pmdenf. Siale applicab￿ attounting Siand8rds have be¢n foltr*•d. Sub￿ lo any matertgl deparbJrn8 di5closod and explained in tho fin•nrAal statements.. prepare the fin&n¢ial statements on the gckna conc*m basil unless It inaFVOWe to prnsumè that lh• charity wlll ¢ontlnu• in 0￿rat￿> The tNste8s are re$pffisible for k•¢ping pmper ￿untIng rffords that disdw r•asonable a¢oJrary at any time the rrna￿111 position of th• tharity And onable them to ensure that the ￿l￿tal stst¢ments Ctynpty wilh the Charityes A¢J 2011, the Chalities (A￿oun￿ and Reports) ReguWions 2008 and tha provi&ons ol the trust deed. They a￿ also resports￿tt for safeguarding tb¥ assats of the charity and henc& fortaking reasonable steps for the prMrth)n and detec**)n of fraud and othw irrngulaiilies. This report syasappmyod by Lvdw rlth• Poard on Aprd2024 and 3wed on its b•haW by". R Nl¢holas {TnJ8t••) INDEPENDENT EXAMINERS REPORT TO THE 7RUSTEES OF IIULnpLE s¢￿0$1s TrIALS COLLABORATION report lo tha Cha￿ty trust￿ on ow ex•nin*ion of th• acrounts ofthe tharFty forthtr year ended 31 March 2023 whth 8re sel out on p8ge$ 4 to B. R•8ponslbilili•s and basis Of rEPOrt A$ the ch8r¢ty's tnKWtees yw aro resportsitts for th• ￿yeParatK￿ ofthe ¥xowrts in attordarK* with thts requirem&rrts ofthe Charities Act 2011 {'thg Ad'} We report in rnsped of my 6xa￿n81Th of Ihe tharity's &rcounts ¢arried tyjt undw section 145 d the Act and in carying oul our xamlnation ￿ hav• followed th• Dwgctim gfven ty the Charity Comission (Thler sedion 14451{bl of Ihe A¢t. Indèp•nd•nt •xamin•rf• 4ttht•m•n¢ hav• compl•led Our examinath)n. We ronfim that ￿ mth to ¢yJr allenlion ￿ COnn8¢th￿ *lth the ex4minab.on glv s caus6 to believe that in any materid r•spect 8c¢ountln9 records w8r• not k•pt in rnsped of th• tharity 05 ￿q￿red brf seL*kx 130 ofthe A¢l.' th• accounts do not acconl V•ryth thosè f￿￿$. or th? ac£ounts do not Ccrfnp￿ with apPl￿ble Mquirements C0￿MIr￿ th• form •nd cont•nl of ac£ounts sot out in th• Charities (Accounts Reports) Regulations 2L)J8 olher than any rwuiivmont Ihat t￿ *xtyrrts a 1r￿ and falr vlthrf whith is not m•tter¢onsld•red as PArt of an ind•pend6nl •xaminth"on. We havo no ¢onc•m8 and have come a¢r03s no othar mattw¥ in conne(*on with t￿ ex￿1nation lo altention •ho￿d be dr•wn In IINS r•port in Lyderlo •n•bl• a prco•r und•rstanthw of th• wunls to bo r•Kh8d. Coop•r Parry Advlw Llm•t•d Aissel8 46 High Slmot E8hèr Surrey 10 9QY Aprfl 2024 IIULTIPLE SCLEROSIS TrIALS ¢￿BORAT￿)N STATEMENT OF HNANCIAL ACIIIMIES FOR THE YEAR ENDED 31 MARCH 2023 Y￿rt0 2023 Y•4rto 2022 Fthd• Funds Incom• and end￿MeThI3 fft*m: DonBth?ns and leg￿eS Chariiable aci1vit￿8 Inter8St In￿Me 102,261 102.261 57,770 Totsl Ir￿orne 57,770 Expefidl￿r• on: Grants and tbnati¢n$ PaKI Charitabl8 Athilies 49.734 1.514 49.734 1.514 23,986 2.173 Total exFonditur¢ 26,139 Net (expendiiur•yincun¥ and net mown•rt in fuThls RKondll*tlon ollund•: Total fiFnd$ brougm forward 203.246 10.2 213.448 181,815 Totsl fvnd• ¢•nl•d forw• 254 ULMPLE SCLERO&S ThALS WBORATr)N BALANCE SHEET FOR ThE YEAR ENDED 31 MARCH 2023 Net• 2023 2022 Curr•nt aM•t•: Cash al bar￿ and Fn hand 214,646 214.646 Cr•d*ttiTr: Anw)unts f8Nlng due within one year Net ctsrr￿t a*s0ts 267,426 1,2(¥Ji 213,446 Total a$$ets1888 ejjrrnnt liabdll*S 284,788 213,448 264,786 Fund• Unrestrict¥d funds R•JlTkted fvnds 254.506 10,2 203,246 10,200 Tot*1 fund• o•rrl•d for*anl 213 446 Th• finarKi41 $14l•mont¥ wore approved by th• btsard ¢)n Aprl 2023 and syn•d on rt$ b•haif by.. R Nlchol•s Tru•t•• The nol•s on pa9ts5 610 8 forni of tho10 finan(l•l $t•t•mwls. MULMPLE SCLER￿5 TrWLS CCUABORATK)N NOTES TO THE FINANCIAL STATEMENTS FI￿( THE YEAR ENC)a) 31 MARCH 2023 A¢countlng poli¢1 The printspal account¢ng Foti¢ies are set bèltrw. Tho *¢ounting pol￿•e3 ho￿ been 4dcyt•J cts)sisterlty throughout the Ils Df prepariNJ th• fiTran¢lal st•¢•m finan￿￿1 stalements have been pYwaTed in occ*xdw￿ *ith Acx>wntry aThl Rep￿[n9 ty Chafitl•s'. Stsl￿nènt RecorrYnend•d PrarAice applubl6 to chaiib"e$ preparing th*r accounts in ￿rdartt wth the Financial Reporting Standard ppli¢able in lh* UK 8nd Republ￿ of Irelant1 i$sued In Qthber 2019, the Financtal RaF￿rtir￿J Standwd applicable in lh• Unrted King(lom and Ropubll¢ of IreL*vl IFRS 1021 and Ihe Chaiilies Act 2011. The fiNw81 slat•m•nls have been wy8red un