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2022-12-31-accounts

REGISTERED CHARITY NUMBER: 1122787

Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 December 2022

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 2022

Page
Report of the Trustees 1 to 5
Independent Examiner's Report 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9 to 16
Detailed Statement of Financial Activities 17 to 18
World Federation for NeuroRehabilitation

Report of the Trustees for the Year Ended 31 December 2022

Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityforthe year
ended31December2022.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 2022

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

WFNRhascontinuedwithmanyresearchandeducationalactivitiesduring2022aswell as
adding some new initiatives.  They include:
"Regularwebinarscoveringabroadrangeofneurorehabilitationtopics.Thewebinars are
free of charge and are available to view at the WFNR's website after the event.
TheYoungWFNRhasbeenlaunchedthisyear.Membershipisopentoany healthcare
professionalinterested in neurorehabilitation,with a cumulative professionalexperience of  up
to10years.QuarterlyyoungWFNRresearchwebinarsofferearlycareerprofessionals in
neurorehabilitationthe chance to presenttheirresearchto peers acrossthe globe.They have
accessto the WFNR MentorshipProgrammewhichwas alsolaunchedduring2022.Its goal is
-
topromotethementoringcultureofWFNRaculturethatwelcomesearly career
neuro-rehabilitationprofessionalsof all backgroundsfrom all countriesand preparesthem to
becomefutureleadersinneurorehabilitation.ParticipationintheWFNR Mentorship
Programme is free of charge.
WFNR's global activities during 2022 include:
"Liaisingwithmultipleotherorganizations:CochraneInstitute,WorldFederation of
Neurology,WorldStrokeOrganization,EuropeanFederationforNeurorehabilitation and
other regional and international organisations
" Promoting the development of neurorehabilitation in low and middle income countries
"WorkingtoparticipatetoWHOGlobalActionPlanonEpilepsyandOther Neurological
Disorders
" Working to liaise with WHO Brain Health Unit and WHO Disability Rehabilitation Unit
Many regional meetings were endorsed by WFNR during 2022 and include
Page 2
World Federation for NeuroRehabilitation

Report of the Trustees for the Year Ended 31 December 2022

OBJECTIVES AND ACTIVITIES

"RoboticsandTechnologyinRehabilitationSymposium29-30April2022Elkins Park,
Pennsylvania, USA.
"IFNRCON22Virtual(10thAnnualConferenceofIndianFederationof Neurorehabilitation)
heldjointlywiththeNeurorehabilitationsubsectionoftheIndianAcademyof Neurology)
22-24 April 2022
" SPRINT (Symposiumon Patient Rehabilitation,Innovationand Neurotechnologies),29 June  -
1 July, Lausanne, Switzerland.
" EmiratesSocietyof Rehabilitationand SportsMedicineConference2022 in association with
the2ndRegionalNeurorehabilitationConference(supportedbyWFNR)&3rd MENASCI
Annual Congress - 23-25 September 2022.
"NigerianFederationofNeurorehabilitation(withWFNRandAfricanStroke Organisation,
ASOC)(Virtual)Conference2-3November2022.Atthe2dayconference,organisedby the
Nigerian Federation of Neurorehabilitation
" AOCNR and IFNR Congress 2-6 November 2022
page 3 of 3 pages
At the beginning of 2022, Michael Thaut became the new Chair of the SIG Committee.
-
AnewSIGwasformedduring2022WomeninNeurorehabilitationledby Sangeetha
Madhavan.
ProfessorDafinMureasanufromRomaniaagreedtotakeoverasChairof the
Neuropharmacology SIG as this group had been dormant for some time.
A3yearcontractwassignedwithSAGE,publishersofWFNR'sofficial journal,
NeurorehabilitationandNeuralRepair.EachWFNRmemberisabletobenefitfrom free
online subscription to the Journal.  The cost of this to WFNR is US$10,000 per annum.
One of the mainareasof activityduring2022was preparingforthe 12thWorldCongress for
NeurorehabilitationwhichwasheldinVienna,Austriafrom14-17December.Itwas a
successfulmeetingwith around 300 online and 1400 onsiteparticipants.Therewas no  strong
nationalsocietybackingfor the congress,so it is encouragingto note that 60% of  participants
were from outside of Europe. 23% were from Germany, Switzerland and Austria.
750abstractsweresubmitted,therewere7plenarysessions,47+scientificsessions,6 joint
symposiaand16workshops.Therewere213invitedspeakerswithagoodgender balance.
There were 91 female and 122 male speakers. There were 37 exhibitors/sponsors.
-
SurjoSoedakar,EinsteinProfessorofClinicalNeurotechnologyattheCharite University
Medicine,BerlinwastheBarneslecturer.Thislectureisnamedafterthefounderof WFNR,
Professor Mike Barnes, and is a highlight of each World Congress.
Nominationswere held for President-Elect,Treasurerand Membersat Large.These positions
were voted on during the General Assemblyin Vienna.Three adjunct memberswere added to
the constitution.
FourbidstohostWCNR2028werepresentedtotheWFNRFederationCouncilduring the
ViennaCongress.TheywereforAdelaide,CapeTown,DubaiandGlasgow.Cape Town
received the highest number of votes to host WCNR2028.
Page 3
World Federation for NeuroRehabilitation

Report of the Trustees for the Year Ended 31 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 (resigned 1.10.22)
Professor P Enderby (appointed 1.10.22)

Independent Examiner

Mrs V Sanders
Stanbridge Associates Limited
7 Lindum Terrace
Lincoln
Lincolnshire
LN2 5RP
Page 4
World Federation for NeuroRehabilitation

Report of the Trustees

for the Year Ended 31 December 2022

Approved by order of the board of trustees on 20 October 2023 and signed on its behalf by:
Professor M P Barnes - Trustee
Page 5
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 2022.

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.
Mrs V Sanders
Stanbridge Associates Limited
7 Lindum Terrace
Lincoln
Lincolnshire
LN2 5RP
Date: .............................................
Page 6
World Federation for NeuroRehabilitation

Statement of Financial Activities for the Year Ended 31 December 2022

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/(losses) on investments
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
Unrestricted
funds
£
14,203
21,840
-
10,217
46,260
6,938
119,559
126,497
(28,357)
(108,594)
393,377
284,783
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
2,102
2,102
2022
Total
funds
£
14,203
21,840
-
10,217
46,260
6,938
119,559
126,497
(28,357)
(108,594)
395,479
286,885
2021
Total
funds
£
97,665
27,845
(1)
5
125,514
5,513
119,221
124,734
-
780
394,699
395,479
The notes form part of these financial statements
Page 7
World Federation for NeuroRehabilitation

Balance Sheet

31 December 2022

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
10
Unrestricted funds:
General fund
Designated funds
Restricted funds
TOTAL FUNDS
Unrestricted
funds
£
231,794
54,338
(1,349)
52,989
284,783
284,783
Restricted
funds
£
-
2,102
-
2,102
2,102
2,102
2022
Total
funds
£
231,794
56,440
(1,349)
55,091
286,885
286,885
270,474
14,309
284,783
2,102
286,885
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
The financialstatementswere approvedby the Boardof Trusteesand authorisedfor issue on
20 October 2023 and were signed on its behalf by:
M P Barnes - Trustee
The notes form part of these financial statements
Page 8
World Federation for NeuroRehabilitation
Notes to the Financial Statements
for the Year Ended 31 December 2022

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 9
World Federation for NeuroRehabilitation

Notes to the Financial Statements - continued for the Year Ended 31 December 2022

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
Bank interest
Other fixed asset invest - FII
4.
RAISING FUNDS
Raising donations and legacies
Support costs
Investment management costs
Investment advice
Aggregate amounts
2022
£
-
2022
£
22
10,195
10,217
2022
£
-
2022
£
6,938
6,938
2021
£
(1)
2021
£
5
-
5
2021
£
5,513
2021
£
-
5,513
continued...
Page 10
World Federation for NeuroRehabilitation

Notes to the Financial Statements - continued for the Year Ended 31 December 2022

5. TRUSTEES' REMUNERATION AND BENEFITS

Therewerenotrustees'remunerationorotherbenefitsfortheyear ended
31 December 2022 nor for the year ended 31 December 2021.

Trustees' expenses

There were notrustees' expenses paid for the year ended 31 December 2022 nor for  the
year ended 31 December 2021.

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 INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
Unrestricted
funds
£
97,665
27,845
(1)
5
125,514
5,513
119,221
124,734
780
392,597
Restricted
funds
£
-
-
-
-
-
-
-
-
-
2,102
Total
funds
£
97,665
27,845
(1)
5
125,514
5,513
119,221
124,734
780
394,699
continued...
Page 11
World Federation for NeuroRehabilitation

Notes to the Financial Statements - continued for the Year Ended 31 December 2022

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 393,377 2,102 395,479
7. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£ £ £
COST
At 1 January 2022 and
31 December 2022 5,932 1,416 7,348
DEPRECIATION
At 1 January 2022 and
31 December 2022 5,932 1,416 7,348
NET BOOK VALUE
At 31 December 2022 - - -
At 31 December 2021 - - -
8. FIXED ASSET INVESTMENTS
Unlisted
investments
£
MARKET VALUE
At 1 January 2022 306,894
Revaluations (28,357)
Reclassification/transfer (46,743)
At 31 December 2022 231,794
NET BOOK VALUE
At 31 December 2022 231,794
At 31 December 2021 306,894
There were no investment assets outside the UK.
continued...
Page 12
World Federation for NeuroRehabilitation

Notes to the Financial Statements - continued for the Year Ended 31 December 2022

8. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 December 2022 is represented by:
Valuation in 2022
9.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Taxation and social security
Other creditors
10.
MOVEMENT IN FUNDS
At 1.1.22
£
Unrestricted funds
General fund
379,068
Designated funds
14,309
393,377
Restricted funds
Psychology
2,102
TOTAL FUNDS
395,479
2022
£
(7)
1,356
1,349
Net
movement
in funds
£
(108,594)
-
(108,594)
-
(108,594)
Unlisted
investments
£
231,794
2021
£
1,534
1,290
2,824
At
31.12.22
£
270,474
14,309
284,783
2,102
286,885
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS
Incoming
resources
£
46,260
46,260
Resources
expended
£
(126,497)
(126,497)
Gains and
losses
£
(28,357)
(28,357)
Movement
in funds
£
(108,594)
(108,594)
continued...
Page 13
World Federation for NeuroRehabilitation

Notes to the Financial Statements - continued for the Year Ended 31 December 2022

10. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Designated funds
Restricted funds
Psychology
TOTAL FUNDS
At 1.1.21
£
378,288
14,309
392,597
2,102
394,699
Net
movement
in funds
£
780
-
780
-
780
At
31.12.21
£
379,068
14,309
393,377
2,102
395,479
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS
Incoming
resources
£
125,514
125,514
Resources
expended
£
(124,734)
(124,734)
Movement
in funds
£
780
780
continued...
Page 14
World Federation for NeuroRehabilitation

Notes to the Financial Statements - continued for the Year Ended 31 December 2022

10. 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 1.1.21
£
378,288
14,309
392,597
2,102
394,699
Net
movement
in funds
£
(107,814)
-
(107,814)
-
(107,814)
At
31.12.22
£
270,474
14,309
284,783
2,102
286,885
A currentyear12monthsandprioryear12monthscombinednetmovementin funds,
included in the above are as follows:
Unrestricted funds
General fund
TOTAL FUNDS
Incoming
resources
£
171,774
171,774
Resources
expended
£
(251,231)
(251,231)
Gains and
losses
£
(28,357)
(28,357)
Movement
in funds
£
(107,814)
(107,814)

11. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2022.
continued...
Page 15
World Federation for NeuroRehabilitation

Notes to the Financial Statements - continued for the Year Ended 31 December 2022

12. DESIGNATED FUNDS

Heldaspartoftheunrestrictedfundsis£14,309(2021:£14,309)whichhas been
designatedbytheTrusteesasmoneytobeusedfortheWFNRFoundation.The WFNR
Foundationwassetuptoprovideresearchfellowshipstoyounginvestigators, travel
fellowshipsfortraineesfromdevelopingcountriestoattendWFNReducational event
and support for educational initiatives in developing countries.
Page 16

World Federation for NeuroRehabilitation

Detailed Statement of Financial Activities for the Year Ended 31 December 2022

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Other trading activities
Sponsorships
Investment income
Bank interest
Other fixed asset invest - FII
Charitable activities
Sponsorship
Membership fees
Total incoming resources
EXPENDITURE
Investment management costs
Investment advice
Charitable activities
Wages
Social security
Pensions
Rates and water
Insurance
Telephone
Postage and stationery
Office costs
WCNR
Newsletter
Carried forward
2022
£
14,203
-
22
10,195
10,217
16,250
5,590
21,840
46,260
6,938
71,178
4,036
1,321
2,586
-
650
86
2,543
1,294
7,170
90,864
2021
£
97,665
(1)
5
-
5
-
27,845
27,845
125,514
-
68,421
4,224
1,062
2,383
351
1,196
218
4,093
-
8,757
90,705
This page does not form part of the statutory financial statements
Page 17

World Federation for NeuroRehabilitation

Detailed Statement of Financial Activities for the Year Ended 31 December 2022

Charitable activities
Brought forward
Meeting costs
Travel and subsistence
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 (expenditure)/income
2022
£
90,864
516
2,967
17,547
5,785
-
-
-
117,679
-
44
-
1,836
126,497
(80,237)
2021
£
90,705
-
-
24,218
1,446
1,784
167
54
118,374
2,997
467
16
2,880
124,734
780
This page does not form part of the statutory financial statements
Page 18