**REGISTERED CHARITY NUMBER: 1122787** **Report of the Trustees and** **Unaudited Financial Statements for the Year Ended 31 December 2024** ## **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 2024** ||**Page**| |---|---| |**Report of the Trustees**|1 to 4| |**Independent Examiner's Report**|5| |**Statement of Financial Activities**|6| |**Balance Sheet**|7| |**Notes to the Financial Statements**|8 to 15| |**Detailed Statement of Financial Activities**|16 to 17| ## **World Federation for NeuroRehabilitation** ## **Report of the Trustees for the Year Ended 31 December 2024** The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of 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 (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The objectives for which the charity is established are to hold the trust fund and it's income upon trust to apply them for the relief of sickness and promotion of good health for the benefit of the public throughout the world, in particular but not exclusively by: (a) Advancing the development and improve the quality of neurological rehabilitation across the world. (b) Stimulating collaboration between clinicians and others with an interest in neurological rehabilitation. (c) Facilitating exchange of knowledge and scientific research between clinicians and others with an interest in neurological rehabilitation. Page 1 **World Federation for NeuroRehabilitation** ## **Report of the Trustees for the Year Ended 31 December 2024** ## **OBJECTIVES AND ACTIVITIES** ## **Main activities** The World Federation for NeuroRehabilitation (WFNR) is a multidisciplinary organisation which stimulates the exchange of knowledge and scientific research between clinicians and others with an interest in the field. WFNR collaborates with other clinical and scientific societies to enhance the impact of neurorehabilitation for the benefit of patients. ## **Summary of main activities** The Federation continued its research and educational activities throughout 2024. The **13th World Congress for Neurorehabilitation** was held in Vancouver, Canada, from 22–25 May. The event attracted more than 1,100 participants from over 50 countries. The programme featured over 100 scientific sessions, including nine plenary talks, 15 oral sessions, 51 symposia, five joint symposia, six round tables, six Developing World Forum sessions, 19 workshops, three industry workshops, and one industry symposium. A total of 870 abstracts were submitted, resulting in more than 110 oral presentations and 650 posters. The abstracts were later published online in WFNR’s official journal, _Neurorehabilitation and Neural Repair_ . WFNR continued its series of webinars and also participated in **Brain Awareness Week** (March), **World Brain Day** (July), and **World Stroke Day** (October). All webinars were free to attend and remain available to view on the WFNR website. The **9th WFNR Franz Gerstenbrand Award** was presented to **Dr Christian Endisch** for his research project _Predicting Recovery After Resuscitation from Cardiac Arrest_ . Dr Endisch, a neurology resident at the Department of Neurology and Experimental Neurology, Charité Universitätsmedizin, Berlin, Germany, led a retrospective, international, multicentre study of 706 comatose cardiac arrest (CA) patients. His team examined cortical somatosensory evoked potential (SSEP) amplitudes using a standardised evaluation pathway. The study’s findings will help determine appropriate treatment pathways: continuing treatment and neurorehabilitation when severe brain injury is absent, or withdrawing futile therapy when severe brain injury precludes meaningful recovery. This work highlights the importance of prognostic SSEP recordings at admission and during the neurorehabilitation process. The WFNR congratulated Dr Endisch and his team on their valuable contribution, which will guide difficult treatment decisions in this patient group. **Young WFNR (yWFNR)** continued its activities during the year, with its mentorship programme attracting new members. A dedicated lunch was held at the World Congress in Vancouver, providing an opportunity for mentors and mentees to meet and exchange ideas. WFNR also continued its collaboration with the **WHO IGAP** and advanced its work on **Community-Based and Family-Based Neurorehabilitation** . The Federation’s partnership with SAGE Publications ensured that all WFNR members maintained free online access to its official journal, _Neurorehabilitation and Neural Repair_ . Finally, planning began for **future activities in 2025** , including the **14th World Congress for Neurorehabilitation** , to be held in Daegu, South Korea, in October 2026. Page 2 **World Federation for NeuroRehabilitation** ## **Report of the Trustees for the Year Ended 31 December 2024** ## **FINANCIAL REVIEW** ## **Reserves policy** The charity aims to hold sufficient reserves to meet their objectives for a twelve month period. ## **Going concern** The financial statements have been prepared on the going concern basis as the trustees believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expenditure for twelve months from authorising these financial statements. The budgeted level of income and expenditure is sufficient with the level of reserves for the charity to continue as a going concern. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **Recruitment and appointment of new trustees** The WFNR is looking for experienced people who can take a global perspective on 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 Pamela Enderby Professor Stephanie Clarke Professor Mike Barnes ## **Independent Examiner** Mrs V Sanders Stanbridge Associates Limited 7 Lindum Terrace Lincoln Lincolnshire LN2 5RP Page 3 **World Federation for NeuroRehabilitation** ## **Report of the Trustees for the Year Ended 31 December 2024** Approved by order of the board of trustees on ……… and signed on its behalf by: Professor Pamela Enderby ………………….. Page 4 ## **Independent Examiner's Report to the Trustees of World Federation for NeuroRehabilitation** ## **Independent examiner's report to the trustees of World Federation for NeuroRehabilitation** I report to the charity trustees on my examination of the accounts of World Federation for NeuroRehabilitation (the Trust) for the year ended 31 December 2024. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any 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 5 **World Federation for NeuroRehabilitation** ## **Statement of Financial Activities for the Year Ended 31 December 2024** |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
£
-
106,204
-
6,745
112,949
2,389
179,880
182,269
23,082
(46,238)
358,245
312,007|Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
2,102
2,102|2024
Total
funds
£
-
106,204
-
6,745
112,949
2,389
179,880
182,269
23,082
(46,238)
360,347
314,109|2023
Total
funds
£
-
186,811
-
6,229
193,040
2,651
129,614
132,265
12,687
73,462
286,885
360,347| |---|---|---|---|---| The notes form part of these financial statements Page 6 ## **World Federation for NeuroRehabilitation** ## **Balance Sheet 31 December 2024** |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
£
249,336
68,875
(6,204)
62,671
312,007
312,007|Restricted
funds
£
-
2,102
-
2,102
2,102
2,102|2024
Total
funds
£
249,336
70,977
(6,204)
64,773
314,109
314,109
297,698
14,309
312,007
2,102
314,109|2023
Total
funds
£
247,330
114,437
(1,420)
113,017
360,347
360,347
343,936
14,309
358,245
2,102
360,347| |---|---|---|---|---| The financial statements were approved by the Board of Trustees and authorised for issue on ……….. and were signed on its behalf by: ## Professor Pamela Enderby ………………. The notes form part of these financial statements Page 7 **World Federation for NeuroRehabilitation** **Notes to the Financial Statements for the Year Ended 31 December 2024** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. continued... Page 8 **World Federation for NeuroRehabilitation** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2024** ## **1. ACCOUNTING POLICIES - continued** ## **Pension costs and other post-retirement benefits** The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in 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||2024
£
-
2024
£
3,721
3,024
6,745
2024
£
-
2024
£
2,389
2,389||2023
£
-
2023
£
729
5,500
6,229
2023
£
-
2023
£
2,651
2,651| |---|---|---|---|---| |||||| |||||| continued... Page 9 **World Federation for NeuroRehabilitation** **Notes to the Financial Statements - continued for the Year Ended 31 December 2024** ## **5. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023. |**6.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|| |---|---|---|---|---| |||Unrestricted|Restricted|Total| |||funds|funds|funds| |||£|£|£| ||**INCOME AND ENDOWMENTS FROM**|||| ||Donations and legacies|-|-|-| ||**Charitable activities**|||| ||General|||| |||186,811|-|186,811| ||Other trading activities|-|-|-| ||Investment income|6,229|-|6,229| ||**Total**|193,040|-|193,040| ||**EXPENDITURE ON**|||| ||Raising funds|2,651|-|2,651| ||**Charitable activities**|||| ||General|||| |||129,614|-|129,614| ||**Total**|132,265|-|132,265| ||Net gains (losses) on investments|12,687|-|12,687| ||**NET INCOME**|144,952|-|144,952| ||**RECONCILIATION OF FUNDS**|||| ||Total funds brought forward|358,245|2,102|360,347| continued... Page 10 **World Federation for NeuroRehabilitation** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2024** ## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued** |**TOTAL FUNDS CARRIED**
**FORWARD**
**7.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 January 2024 and
31 December 2024
**DEPRECIATION**
At 1 January 2024 and
31 December 2024
**NET BOOK VALUE**
At 31 December 2024
At 31 December 2023
**8.**
**FIXED ASSET INVESTMENTS**
**MARKET VALUE**
At 1 January 2024
Revaluations
Transfers
Net income
At 31 December 2024
**NET BOOK VALUE**
At 31 December 2024
At 31 December 2023|Unrestricted
funds
£
312,007
Fixtures
and
fittings
£
5,932
5,932
-
-|Restricted
Total
funds
funds
£
£
2,102
314,109
Computer
equipment Totals
£
£
1,416
7,348
1,416
7,348
-
-
-
-
Unlisted
investments
£
247,330
23,082
(25,000)
3,924
249,336
249,336
247,330| |---|---|---| |||| |||| There were no investment assets outside the UK. continued... Page 11 **World Federation for NeuroRehabilitation** **Notes to the Financial Statements - continued for the Year Ended 31 December 2024** ## **8. FIXED ASSET INVESTMENTS - continued** Cost or valuation at 31 December 2024 is represented by: |Valuation in 2024
**9.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
2024
£
Taxation and social security
3,510
Other creditors
2,694
6,204
**10.**
**MOVEMENT IN FUNDS**|Unlisted
investments
£
249,336
2023
£
(8)
1,428
1,420| |---|---| ||| |**Unrestricted funds**
General fund
Designated funds
**Restricted funds**
Psychology
**TOTAL FUNDS**|At 1.1.24
£
343,936
14,309
358,245
2,102
360,347|Net
movement At
in funds
31.12.24
£
£
(46,238)
297,698
-
14,309
(46,238)
312,007
-
2,102
(46,238)
314,109| |---|---|---| Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
112,949
112,949|Resources
expended
£
(182,269)
(182,269)|Gains and
losses
£
23,082
23,082|Movement
in funds
£
(46,238)
(46,238)| |---|---|---|---|---| continued... Page 12 **World Federation for NeuroRehabilitation** **Notes to the Financial Statements - continued for the Year Ended 31 December 2024** ## **10. MOVEMENT IN FUNDS - continued** ## **Comparatives for movement in funds** |**Unrestricted funds**
General fund
Designated funds
**Restricted funds**
Psychology
**TOTAL FUNDS**|At 1.1.23
£
270,474
14,309
284,783
2,102
286,885|Net
movement At
in funds
31.12.23
£
£
73,462
343,936
-
14,309
73,462
358,245
-
2,102
73,462
360,347| |---|---|---| Comparative net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
205,727
205,727|Resources
expended
£
(132,265)
(132,265)|Movement
in funds
£
73,462
73,462| |---|---|---|---| continued... Page 13 ## **World Federation for NeuroRehabilitation** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2024** ## **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 1.1.24
£
343,936
14,309
358,245
2,102
360,347|Net
movement At
in funds
31.12.24
£
£
(46,238)
297,698
-
14,309
(46,238)
312,007
-
2,102
(46,238)
314,109| |---|---|---| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
112,949
112,949|Resources
expended
£
(182,269)
(182,269)|Gains and
losses
£
23,082
23,082|Movement
in funds
£
(46,238)
(46,238)| |---|---|---|---|---| ## **11. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 December 2024. continued... Page 14 **World Federation for NeuroRehabilitation** ## **Notes to the Financial Statements - continued for the Year Ended 31 December 2024** ## **12. DESIGNATED FUNDS** Held as part of the unrestricted funds is £14,309 (2023: £14,309) which has been designated by the Trustees as money to be used for the WFNR Foundation. The WFNR Foundation was set up to provide research fellowships to young investigators, travel fellowships for trainees from developing countries to attend WFNR educational event and support for educational initiatives in developing countries. ## **13. SOFTWARE COSTS** Included within software costs is £21,523 paid to Aimedis which is a Neurorehabilitation Metaverse project. Page 15 **World Federation for NeuroRehabilitation** |**Detailed Statement of Financial Activities**
**for the Year Ended 31 December 2024**
**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|2024
£
-
-
3,721
3,024
6,745
106,204
106,204
112,949
2,389
95,443
6,916
1,321
3,900
-
264
1,226
110
-
-
111,569|2023
£
-
-
729
5,500
6,229
-
186,811
186,811
193,040
2,651
87,452
5,813
1,321
4,715
330
691
859
-
-
-
101,181| |---|---|---| This page does not form part of the statutory financial statements Page 16 ## **World Federation for NeuroRehabilitation** ## **Detailed Statement of Financial Activities for the Year Ended 31 December 2024** |**Charitable activities**
Brought forward
Meeting costs
Travel and subsistence
Computer costs
Software costs
Award
Reports
Membership fees
Advertising
Subscriptions
Sundry
**Support costs**
**Management**
Sundries
**Finance**
Bank charges

**Governance costs**
Accountancy and legal fees
Total resources expended
**Net (expenditure)/income**|2024
£
111,569
6,353
22,552
14,526
21,547
-
-
35
873
59
2,925
180,439
-
-
1,830
182,269
(69,320)|2023
£
101,181
8,071
3,316
12,619
-
-
-
2,693
127,880
-
-
1,734
129,614
63,246| |---|---|---| This page does not form part of the statutory financial statements Page 17 **Document Activity Report** **Document Sent** Fri, 19 Sep 2025 13:32:42 GMT **Document Approval Status** Approved **Approval Activity Summary** Tracey Mole Approved Wed, 01 Oct 2025 13:55:51 GMT **Document Activity History** Document history shows most recent activity first **Date Activity** Fri, 19 Sep 2025 17:52:31 GMT Tracey Mole viewed the document You can verify that this is a genuine Portal document by uploading it to the following secure web page: **http://stanbridgeassociatesltd.accountantspace.co.uk/messages/VerifyDocument**