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REGISTERED CHARITY NUMBER: 1122787
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 December 2021
for
World Federation for NeuroRehabilitation
Stanbridge Associates Limited
7 Lindum Terrace
Lincoln
Lincolnshire
LN2 5RP
World Federation for NeuroRehabilitation
Contents of the Financial Statements for the Year Ended 31 December 2021
|
Page |
Report of the Trustees |
1 to 6 |
Independent Examiner's Report |
7 |
Statement of Financial Activities |
8 |
Balance Sheet |
9 |
Notes to the Financial Statements |
10 to 17 |
Detailed Statement of Financial Activities |
18 to 19 |
World Federation for NeuroRehabilitation
Report of the Trustees for the Year Ended 31 December 2021
Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityforthe year
ended31December2021.ThetrusteeshaveadoptedtheprovisionsofAccounting and
Reportingby Charities:Statementof RecommendedPracticeapplicableto charities preparing
theiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUK and
Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Theobjectivesforwhichthecharityisestablishedaretoholdthetrustfundandit's income
upon trust to apply them for the relief of sickness and promotionof good health for the benefit
of the public throughout the world, in particular but not exclusively by:
(a)Advancingthedevelopmentandimprovethequalityofneurologicalrehabilitation across
the world.
(b)Stimulatingcollaborationbetweencliniciansandotherswithaninterestin neurological
rehabilitation.
(c)Facilitatingexchangeofknowledgeandscientificresearchbetweencliniciansand others
with an interest in neurological rehabilitation.
Page 1
World Federation for NeuroRehabilitation
Report of the Trustees for the Year Ended 31 December 2021
OBJECTIVES AND ACTIVITIES
Main activities
TheWorldFederationforNeuroRehabilitation(WFNR)isamultidisciplinary organisation
whichstimulatestheexchangeofknowledgeandscientificresearchbetweenclinicians and
otherswithaninterestinthefield.WFNRcollaborateswithotherclinicaland scientific
societies to enhance the impact of neurorehabilitation for the benefit of patients.
Summary of main activities
During 2021, WFNR celebrated its 25th anniversary.A new logo and website were created and
a Silver Jubilee webinar series was created to run throughout the jubilee year.
ProfessorDavid Good, WFNR Presidentsaid, "The demand for NR worldwideis overwhelming
and was outlinedin 'Rehabilitation2030' publishedby the World Health Organisation (WHO).
TheWFNRhasformalandinformallinkswithinternationalandregional organisations
contributingto invaluableinformationsharingand coordinatedinternationaladvocacy. Today
the WFNR is a true advocate for NR. We are proud to be celebratingour 25th anniversary and
look forward to the next 25 years!"
Amajorgoalfor2021wastherevitalisationoftheResearchCommittee.Nam-Jong Paik,
ProfessorofRehabilitationMedicineatSeoulNationalUniversityCollegeofMedicine, South
Korea,isthenewChairofthisCommittee.ThankstoProfessorPaik,thereisnow an
ambitiousprogrammeofwebinarsonresearchmethodology,amentorshipprogramme for
juniorinvestigators,andaregularreviewofkeycurrentresearch,whichispostedon our
website.
TheSpecialInterestGroups(SIGs)continuedtobeanimportantpartoftheWFNR.A digital
meetingofthe SIGChairswas heldin January2021and was a greatsuccesswith discussions
onenhancingcooperation.Aftermanyyears,BarbaraWilson,ChairoftheSIG Committee,
askedtostanddown.RobynTate,EmeritusProfessorofMedicineattheJohnWalsh Centre
forRehabilitationResearchin the Facultyof Medicineand Healthat the Universityof Sydney,
Australia,hastakenoverfromBarbaraWilson.MichaelThautisthenewWFNR SIG
Vice-Chair.MichaelisProfessorofMusicatTorontoUniversitywithcrossappointments in
rehabilitation science and neuroscience.
Two task forces were created during 2021.
TheInternationalSurveysTaskForcemembersareIzumiKondo,MartaImamura, Caterina
Pistarini, Matilde Leonardi and Sabahat Asim Wasti.
A Task Force on the Global Need for Neurorehabilitationwas also establishedand its members
are Matilde Leonardi, Mayowa Owolabi, Stephanie Clarke, Caterina Pistarini and Nirmal Surya.
Page 2
World Federation for NeuroRehabilitation
Report of the Trustees for the Year Ended 31 December 2021
OBJECTIVES AND ACTIVITIES
ClinicalPathwaysinStrokeNeurorehabilitation:EvidencebasedClinical Practice
Recommendations,editedbyThomasPlatz,ChairoftheWFNREducationCommittee, was
publishedand isavailableasan openaccessbook.Thebookwaswrittenby29authors from
11countries,mostofwhomaremembersofWFNRSIGs.Alltheauthorskindly dedicated
their time and effort to provide evidence-basedguidance for clinical decisionmaking in stroke
rehabilitation.Theyalsoprovidedpeerreviewfortheotherchaptersofthebookasdid the
feedbackpanelmembers.TheWFNRsponsoredthebookandmadeitpossibleforitto be
publishedasanopenaccessbook,whichwillfacilitateitsdistributionand availability,
irrespectiveof the financialresourcesof the potentialusers.The book, with 282 pages, covers
clinicalproblemsthatarefrequentlyencounteredinstrokerehabilitationinaconcise and
practicalway.Thedevelopmentofclinicalpathwaysisbasedontheavailablebest evidence
sourcesthataresummarisedandcriticallyappraised.Theinnovativecontributionof each
chapteristobridgethegapbetweenclinicalevidenceandclinicaldecisionmakingin a
practicalway.Emphasisisgiventodeducespecificrecommendationsfromevidence sources
that can be used for decision making in clinical practice.
Teachingcoursesarekeyforglobalneurorehabilitationeducation.Neurodisabilitiesand the
yearslivedwithdisabilitiesareincreasinginoursocietiesglobally,notonlyinhigh income
countrieswiththeirageingpopulations,butalsoinLMIC.Neurorehabilitationcan effectively
reducedisability,improveindependencewithactivitiesofdailyliving,andpreventthe need
for people affected to become institutionalised.
Froma globalperspective,there is a disparityof healthcarestructuresand professionals with
neurorehabilitationspecifictraining.Educationalopportunitiesvaryconsiderably across
countriesandregionsandlocalinstitutionsareoftennotabletoprovide specialised
neurorehabilitationtrainingto the requiredextent. Consequently,there is a need to fill the gap
andsupporteducationalinitiatives.TheWFNRhastakenthisenormoustaskonboard and
madeitakeymissionfortheorganisation.Anexampleofthemanyeducation opportunities
providedby the WFNRisthe CertificateTeachingCourse(TC)on ClinicalPathwaysin Stroke
Rehabilitation.Thecoursewasopentohealthcareprofessionalsworldwidefrom all
disciplinesinvolvedinNR.Theaimwasforparticipantstogainknowledgein clinical
decision-makingfor strokerehabilitation,basedon evidence-basedpractice,and to be able to
applysuchknowledgeinclinicalpractice,butbasedonregionalcircumstances.There were
249registeredforthecourse;223attendedregularly,and195qualifiedforthe WFNR
certificate.Attendeescamefromallcontinents,withvariousprofessionalbackgrounds, and
broaddistributioninageandNRexperience.Thecoursecomprisedweeklyinteractive web
seminarsoverthreemonths;eachlecturewasgiventwiceonthesamedayto accommodate
fortheindividuals'timezones.Thecoursewascertifiedbythehostinstitution,i.e., the
University Medical Centre Greifswald (Germany), and CME credits were given.
Toobtainthecertificateattendeeshadtoattendatleast80%ofthelecturesandpass the
onlineexamat the end. All attendeesreceivedthe WFNRbookon ClinicalPathwaysin Stroke
Rehabilitationasane-copy(freeofcharge)availableat:Theinterprofessionalcourse faculty
includedexpertsformajortopicsinstrokerehabilitationwhowerebookchapter authors,
supported by other WFNR experts serving as regional liaison-persons and session chairs.
Page 3
World Federation for NeuroRehabilitation
Report of the Trustees for the Year Ended 31 December 2021
OBJECTIVES AND ACTIVITIES
The teachingcoursewill run againin 2022 but thistimewill not be held overseveral months
as it was previously.Instead, the Faculty plan to hold it as a pre-congresscoursein December
2022, immediately before WCNR 2022 and possibly as a hybrid.
TheFranzGerstenbrandAwardwasannouncedonceagainandyoungermembers and
non-memberswereencouragedtoenter.Entriesmustdemonstrateadifferenceto patient
outcomesand can be a patientor clinicmanagementinitiative,researchproject,best practice
developmentoruseofa newtechnologicaldevelopment.Thewinnerwillbepresented with
theirawardduringWCNR2022.WorkingwithotherorganisationssuchasThe International
Associationof CommunicationSciencesand Disorders(IALP)is important.The IALP is a long
established,non-profit,worldwideorganisationof professionalsand scientistsworkingin the
areasofhumancommunication,voice,speechlanguagepathology,andaudiology and
swallowing. A Memorandum of Understanding was signed between IALP and WFNR.
InMarch2021,DrEliaFischerfromBern,SwitzerlandwasaskedtochairtheYoung WFNR
SpecialInterestGroup.Inthemonthsfollowinghisappointment,theWFNRPresidium and
EliadefinedthekeygoalsoftheSIG.Itsprimaryaimistoigniteinterestinthefieldof NR
amongyoungprofessionalsfromvarioushealthcarebackgrounds(e.g.,physicians, therapists,
researchers).Bybuildingaglobalcommunityofyoungpeople,theSIGoffersa unique
opportunityfornetworkingandestablishinglong-lastingandfruitful collaborations.
Furthermore,creatingagroupofyoungprofessionalswillpromotetheexchange between
generations,ultimatelybeingmutuallybeneficialforbothjuniorandmoresenior WFNR
members.Thecoreaimsof the SIGare to promoteeducationand clinicalresearchin NR. The
SIGwill collaboratewithexistingprogrammeswithinthe WFNRand establishnew initiatives
to fostereducationand stimulateresearchactivity.In the followingmonths,the SIG will focus
on recruiting new members, agree specific projects and build taskforces to achieve them.
ProfessorsHeinrichBinderandGiorgioSandriniaretheco-Chairsofthenewly formed
NeurophilosophySpecialInterestGroup.The aim of thisnew SIG is to encourage cooperation
betweenneuroscientistsandphilosophersregarding,inparticular,thefieldof neural
correlatesofconsciousness,freewill/makingdecisionmechanisms, emotion/
empathy/mirrorneurons,ethics/behaviourandsemiology.TheSIGaimstostrengthen the
developmentofbi-directionallinkagebetweenphilosophicaltheoriesand neuroscientific
hypothesis,inparticularthepistemological/ontologicalapproachinthedifferentfields of
neurophilosophy.Therewillbemeetings,teachingactivitiesandresearchlookingat the
impactofneuroscientificevidenceconcerningplasticity,brainlesionsand degeneration,
recoverymechanismsonphilosophicaltheoriesandviceversa,inparticularinthe field
embodiedcognitionandneuroethics.ThebackgroundtotheSIGtakesitsleadfrom Patricia
Churchland's1986book'Neurophilosophy:TowardsaUnifiedScienceofthe Mind-Brain'
whichstatesthatclosecooperationbetweenneuroscienceandphilosophywith mutual
exchangeofconceptsandexperiencesisimportantforsuccessfullystudyingbrainand mind.
Fordecades,PatriciaChurchlandhascontributedtothefieldsofphilosophyof neuroscience,
philosophy of the mind and neuroethics.
Page 4
World Federation for NeuroRehabilitation
Report of the Trustees for the Year Ended 31 December 2021
OBJECTIVES AND ACTIVITIES
TheWFNRNeuromodulationSIG,chairedbyWayneFeng,launcheditsnewsletter during
2021.This quarterlypublicationwill be distributedto SIG membersto keep them updated on
thelatestresearch.ThisfirstissueoutlinesastudyonSubthresholdElectrical Stimulation
(STES)forstrokerehabilitationshowingthatitcanserveasanenergy-savingbut viable
option in post-strokeneurorecovery,when combined with early rehabilitation.The newsletter
also provides a summary of 2021 biomodulation research papers that impact NR.
Planswere underwayduring2021 forthe 12th WorldCongressforNeurorehabilitationto be
held in Vienna, Austria, from 14-17 December 2022.
FINANCIAL REVIEW
Reserves policy
The charity aims to hold sufficient reserves to meet their objectives for a twelve month period.
Going concern
Thefinancialstatementshavebeenpreparedonthegoingconcernbasisasthe trustees
believe that no material uncertainties exist.
TheTrusteeshaveconsideredtheleveloffundsheldandtheexpectedlevelofincome and
expenditurefortwelvemonthsfromauthorisingthesefinancialstatements.The budgeted
levelofincomeandexpenditureissufficientwiththelevelofreservesforthecharity to
continue as a going concern.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrustandconstitutes an
unincorporated charity.
Recruitment and appointment of new trustees
The WFNR is lookingfor experiencedpeoplewho can take a globalperspectiveon the field of
neurological rehabiliation.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
1122787
Principal address
11 Rake House Farm
Rake Lane
North Shields
NE29 8EQ
Trustees
Professor M P Barnes Professor of Neurological Rehabilitation
Professor S Clarke Chief of Neuropsychology & Neuro
Professor B Wilson Retired
Page 5
World Federation for NeuroRehabilitation
Report of the Trustees
for the Year Ended 31 December 2021
REFERENCE AND ADMINISTRATIVE DETAILS
Independent Examiner
Dr R J Stanbridge
FCCA
Stanbridge Associates Limited
7 Lindum Terrace
Lincoln
Lincolnshire
LN2 5RP
Approvedbyorderoftheboardoftrusteeson.............................................andsignedonits behalf
by:
...........................................................................
Professor M P Barnes - Trustee
Page 6
Independent Examiner's Report to the Trustees of
World Federation for NeuroRehabilitation
Independent examiner's report to the trustees of World Federation for NeuroRehabilitation
IreporttothecharitytrusteesonmyexaminationoftheaccountsofWorldFederation for
NeuroRehabilitation (the Trust) for the year ended 31 December 2021.
Responsibilities and basis of report
As the charitytrusteesof the Trustyou are responsibleforthe preparationof the accounts in
accordance with the requirements of the Charities Act 2011 ('the Act').
I reportin respectof my examinationof the Trust'saccountscarriedout under section145 of
the Act and in carryingoutmy examinationI havefollowedall applicableDirectionsgiven by
the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometo my
attentioninconnectionwiththeexaminationgivingmecausetobelievethatinany material
respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination
to which attention should be drawn in this report in order to enable a proper understanding of
the accounts to be reached.
Dr R J Stanbridge
FCCA
Stanbridge Associates Limited
7 Lindum Terrace
Lincoln
Lincolnshire
LN2 5RP
Date: .............................................
Page 7
World Federation for NeuroRehabilitation
Statement of Financial Activities for the Year Ended 31 December 2021
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
General
Other trading activities
2
Investment income
3
Total
EXPENDITURE ON
Raising funds
4
Charitable activities
General
Total
Net gains on investments
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD |
Unrestricted
funds
£
97,665
27,845
(1)
5
125,514
5,513
119,221
124,734
-
780
392,597
393,377 |
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
2,102
2,102 |
2021
Total
funds
£
97,665
27,845
(1)
5
125,514
5,513
119,221
124,734
-
780
394,699
395,479 |
2020
Total
funds
£
(18,000)
22,480
1
13,048
17,529
852
120,892
121,744
63,311
(40,904)
435,603
394,699 |
|
|
|
|
|
The notes form part of these financial statements
Page 8
World Federation for NeuroRehabilitation
Balance Sheet
31 December 2021
Notes
FIXED ASSETS
Investments
8
CURRENT ASSETS
Cash at bank
CREDITORS
Amounts falling due within one year
9
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
11
Unrestricted funds:
General fund
Designated funds
Restricted funds
TOTAL FUNDS |
Unrestricted
funds
£
306,894
89,307
(2,824)
86,483
393,377
393,377 |
Restricted
funds
£
-
2,102
-
2,102
2,102
2,102 |
2021
Total
funds
£
306,894
91,409
(2,824)
88,585
395,479
395,479
379,068
14,309
393,377
2,102
395,479 |
2020
Total
funds
£
361,894
40,303
(7,498)
32,805
394,699
394,699
378,288
14,309
392,597
2,102
394,699 |
|
|
|
|
|
The financialstatementswere approvedby the Boardof Trusteesand authorisedfor issue on
............................................. and were signed on its behalf by:
.............................................
M P Barnes - Trustee
The notes form part of these financial statements
Page 9
World Federation for NeuroRehabilitation
Notes to the Financial Statements
for the Year Ended 31 December 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS 102,
havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'Accounting and
ReportingbyCharities:StatementofRecommendedPracticeapplicableto charities
preparingtheir accounts in accordance with the Financial ReportingStandard applicable
intheUKandRepublicofIreland(FRS102)(effective1January2019)', Financial
ReportingStandard102'TheFinancialReportingStandardapplicableintheUK and
RepublicofIreland'andtheCharitiesAct2011.Thefinancialstatementshave been
preparedunderthe historicalcostconvention,withthe exceptionof investments which
are included at market value, as modified by the revaluation of certain assets.
Income
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharity has
entitlementto the funds,it isprobablethat the incomewill be receivedand the amount
can be measured reliably.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalor constructive
obligationcommittingthecharitytothatexpenditure,itisprobablethatatransfer of
economic benefits will be requiredin settlement and the amount of the obligationcan be
measuredreliably.Expenditureisaccountedforonanaccrualsbasisandhas been
classifiedunderheadingsthataggregateallcostrelatedtothecategory.Where costs
cannot be directly attributedto particularheadings they have been allocated to activities
on a basis consistent with the use of resources.
Tangible fixed assets
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeach asset
over its estimated useful life.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesat the
discretion of the trustees.
Restrictedfunds can only be used for particularrestrictedpurposeswithin the objects of
the charity.Restrictionsarise when specifiedby the donor or when funds are raised for
particular restricted purposes.
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotes to
the financial statements.
continued...
Page 10
World Federation for NeuroRehabilitation
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
1. ACCOUNTING POLICIES - continued
Pension costs and other post-retirement benefits
Thecharityoperatesadefinedcontributionpensionscheme.Contributionspayable to
the charity'spensionschemeare chargedto theStatementof FinancialActivitiesin the
period to which they relate.
2. OTHER TRADING ACTIVITIES
Sponsorships
3.
INVESTMENT INCOME
Rents received
Bank interest
Other fixed asset invest - FII
4.
RAISING FUNDS
Raising donations and legacies
Support costs
Investment management costs
Investment advice
Aggregate amounts |
|
2021
£
(1)
2021
£
-
5
-
5
2021
£
5,513
2021
£
-
5,513 |
2020
£
1
2020
£
11,675
88
1,285 |
2020
£
1 |
|
|
|
|
|
|
|
|
13,048 |
|
|
|
|
|
|
|
|
|
|
2020
£
- |
|
|
|
|
|
|
|
|
|
2020
£
842 |
|
|
|
|
|
|
|
|
|
852 |
continued...
Page 11
World Federation for NeuroRehabilitation
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
5. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyear ended
31 December 2021 nor for the year ended 31 December 2020.
Trustees' expenses
There were notrustees' expenses paid for the year ended 31 December 2021 nor for the
year ended 31 December 2020.
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
General
Other trading activities
Investment income
Total
EXPENDITURE ON
Raising funds
Charitable activities
General
Total
Net gains on investments
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward |
Unrestricted
funds
£
(18,000)
22,480
1
13,048
17,529
852
120,892
121,744
63,311
(40,904)
433,501 |
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
2,102 |
Total
funds
£
(18,000)
22,480
1
13,048
17,529
852
120,892
121,744
63,311
(40,904)
435,603 |
|
|
|
|
continued...
Page 12
World Federation for NeuroRehabilitation
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
6. |
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
|
|
Unrestricted |
Restricted |
Total |
|
|
funds |
funds |
funds |
|
|
£ |
£ |
£ |
|
TOTAL FUNDS CARRIED |
|
|
|
|
FORWARD |
392,597 |
2,102 |
394,699 |
|
|
|
|
|
7. |
TANGIBLE FIXED ASSETS |
|
|
|
|
|
Fixtures |
|
|
|
|
and |
Computer |
|
|
|
fittings |
equipment |
Totals |
|
|
£ |
£ |
£ |
|
COST |
|
|
|
|
At 1 January 2021 and |
|
|
|
|
31 December 2021 |
5,932 |
1,416 |
7,348 |
|
DEPRECIATION |
|
|
|
|
At 1 January 2021 and |
|
|
|
|
31 December 2021 |
5,932 |
1,416 |
7,348 |
|
NET BOOK VALUE |
|
|
|
|
At 31 December 2021 |
- |
- |
- |
|
|
|
|
|
|
At 31 December 2020 |
- |
- |
- |
|
|
|
|
|
8. |
FIXED ASSET INVESTMENTS |
|
|
|
|
|
|
|
Unlisted |
|
|
|
|
investments |
|
|
|
|
£ |
|
MARKET VALUE |
|
|
|
|
At 1 January 2021 |
|
|
361,894 |
|
Reclassification/transfer |
|
|
(55,000) |
|
At 31 December 2021 |
|
|
306,894 |
|
NET BOOK VALUE |
|
|
|
|
At 31 December 2021 |
|
|
306,894 |
|
|
|
|
|
|
At 31 December 2020 |
|
|
361,894 |
There were no investment assets outside the UK.
continued...
Page 13
World Federation for NeuroRehabilitation
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
9.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 10)
Taxation and social security
Other creditors
10.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts
11.
MOVEMENT IN FUNDS
At 1.1.21
£
Unrestricted funds
General fund
378,288
Designated funds
14,309
392,597
Restricted funds
Psychology
2,102
TOTAL FUNDS
394,699
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
125,514
TOTAL FUNDS
125,514 |
2021
£
-
1,534
1,290
2,824
2021
£
-
Net
movement
in funds
£
780
-
780
-
780
Resources
expended
£
(124,734)
(124,734) |
2020
£
6,016
252
1,230
7,498
2020
£
6,016
At
31.12.21
£
379,068
14,309
393,377
2,102
395,479
Movement
in funds
£
780
780 |
|
|
|
continued...
Page 14
World Federation for NeuroRehabilitation
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
11. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
Net
movement
At 1.1.20
in funds
£
£
Unrestricted funds
General fund
419,192
(40,904)
Designated funds
14,309
-
433,501
(40,904)
Restricted funds
Psychology
2,102
-
TOTAL FUNDS
435,603
(40,904)
Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
Gains and
resources
expended
losses
£
£
£
Unrestricted funds
General fund
17,529
(121,744)
63,311
TOTAL FUNDS
17,529
(121,744)
63,311 |
At
31.12.20
£
378,288
14,309
392,597
2,102
394,699
Movement
in funds
£
(40,904)
(40,904) |
|
|
continued...
Page 15
World Federation for NeuroRehabilitation
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
11. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
Designated funds
Restricted funds
Psychology
TOTAL FUNDS |
At 1.1.20
£
419,192
14,309
433,501
2,102
435,603 |
Net
movement
in funds
£
(40,124)
-
(40,124)
-
(40,124) |
At
31.12.21
£
379,068
14,309
393,377
2,102
395,479 |
|
|
|
|
A currentyear12monthsandprioryear12monthscombinednetmovementin funds,
included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS |
Incoming
resources
£
143,043
143,043 |
Resources
expended
£
(246,478)
(246,478) |
Gains and
losses
£
63,311
63,311 |
Movement
in funds
£
(40,124)
(40,124) |
|
|
|
|
|
12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2021.
continued...
Page 16
World Federation for NeuroRehabilitation
Notes to the Financial Statements - continued for the Year Ended 31 December 2021
13. DESIGNATED FUNDS
Heldaspartoftheunrestrictedfundsis£14,309(2020:£14,309)whichhas been
designatedbytheTrusteesasmoneytobeusedfortheWFNRFoundation.The WFNR
Foundationwassetuptoprovideresearchfellowshipstoyounginvestigators, travel
fellowshipsfortraineesfromdevelopingcountriestoattendWFNReducational event
and support for educational initiatives in developing countries.
Page 17
World Federation for NeuroRehabilitation
Detailed Statement of Financial Activities for the Year Ended 31 December 2021
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Other trading activities
Sponsorships
Investment income
Rents received
Bank interest
Other fixed asset invest - FII
Charitable activities
Fundraising events
Membership fees
Total incoming resources
EXPENDITURE
Other trading activities
Interest payable
Investment management costs
Investment advice
Charitable activities
Wages
Social security
Pensions
Rates and water
Insurance
Telephone
Carried forward |
2021
£
97,665
(1)
-
5
-
5
-
27,845
27,845
125,514
-
-
68,421
4,224
1,062
2,383
351
1,196
77,637 |
2020
£
(18,000)
1
11,675
88
1,285
13,048
10,663
11,817
22,480
17,529
10
842
62,457
3,654
3,065
15,030
334
577
85,117 |
|
|
|
This page does not form part of the statutory financial statements
Page 18
World Federation for NeuroRehabilitation
Detailed Statement of Financial Activities for the Year Ended 31 December 2021
Charitable activities
Brought forward
Postage and stationery
Office costs
Newsletter
Flying faculty
Computer costs
Award
Reports
Membership fees
Accreditation
Support costs
Management
Sundries
Finance
Bank charges
Other 2
No description
Governance costs
Accountancy and legal fees
Total resources expended
Net income/(expenditure) |
2021
£
77,637
218
4,093
8,757
-
24,218
1,446
1,784
167
54
118,374
2,997
467
16
2,880
124,734
780 |
2020
£
85,117
764
3,416
8,238
(272)
-
3,979
9,630
1,732
3,905
116,509
-
453
-
3,930
121,744
(104,215) |
|
|
|
This page does not form part of the statutory financial statements
Page 19