2024-08-26-accounts - Photodermatology Charitable Trust

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REGISTERED CHARITY NUMBER: 1125619

`Report of the Trustees and`

Financial Statements

for the Year Ended 26 August 2024

`for`

`PHOTODERMATOLOGY CHARITABLE TRUST`

Sandison Lang Limited
2 St Marys Road
Tonbridge
Kent
TN9 2LB

PHOTODERMATOLOGY CHARITABLE TRUST

`Contents of the Financial Statements`

for the Year Ended 26 August 2024

	`Page`
`Report of the Trustees`	`1 to 3`
`Independent Examiner's Report`	`4`
`Statement of Financial Activities`	`5`
`Balance Sheet`	`6`
`Notes to the Financial Statements`	`7 to 11`
`Detailed Statement of Financial Activities`	`12 to 13`

PHOTODERMATOLOGY CHARITABLE TRUST

`Report of the Trustees`

for the Year Ended 26 August 2024

Thetrusteespresenttheirreportwiththefinancialstatementsofthecharityfortheyear ended
26August2024.ThetrusteeshaveadoptedtheprovisionsofAccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordancewith the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

`OBJECTIVES AND ACTIVITIES`

`Objectives and aims`

SummaryoftheobjectsofthecharitysetoutinitsgoverningdocumentToadvancehealthforthe public
benefitbypromotingandprotectingthephysicalandmentalhealthofsufferersofphotosensitive skin
diseasesandrelatedconditionsintheUnitedKingdom,sufferersofotherdermatologicaldiseaseswhich are
treatedwithphototherapyand in particular(butwithoutlimitation)by providingorassistingin the provision
of researchgrants, facilitiesand equipmentnotnormallyprovidedby thestatutoryauthoritiesat Guy;'s and
St Thomas' NHS Foundation trust.

To advance education and training for the public benefit in the field of Photodermatology

`Significant activities`

Summaryofthemainactivitiesundertakenforthepublicbenefitin relationtotheseobjects(include within
thissectionthestatutorydeclarationthattrusteeshavehadregardtotheguidanceissuedbythe Charity
Commission on public benefit)

Promotingand/orcarryingoutresearchinthesubspecialityofPhotodermatology,includingresearch into
photosensitive skin disorders,carried out by the Photodermatology Unit, St John's Institute of Dermatology

Providinggrantsforand/orassistingintheclinicalcareofpatientsunderthecareoftheUnitinways not
normally provided by the statutory authorities at Guys and St Thomas' NHS Foundation Trust

Providinggrantsfor and/orprovidingspecialistequipmentto the Unit not normallyprovidedby the statutory
authorities at Guy's and St St Thomas' NHS Foundation Trust

Providing and/or assisting with the training of staff working in the Unit

 Awarding fellowships and/or studentships to enhance experience in the Unit

Promotingand/orsupportingotherprojectsand causeswhichpromotethe developmentof the  subspeciality
of Photodermatology in the UK

Presentingresultsofresearchinthesubspecialityofphotodermatologytoconferences,meetings and
workshops for the purposes of training and education within this field

Page 1

PHOTODERMATOLOGY CHARITABLE TRUST

`Report of the Trustees`

for the Year Ended 26 August 2024

`ACHIEVEMENT AND PERFORMANCE`

`Charitable activities`

Althoughwehaveanetprofitthisyear,thisisanartefactoftheyearboundary:the Photodermatology
Course runs once every

twoyears,andraninSeptember2024----theCoursefeesincomehadmostlycomeinduringthe year
2023-24, and the expenses were largely paid out during the next year.

It wasa goodyearin termsof theteamhostingand organisingconferences,and presentingresearchdata at
conferences.

TheS.E.EnglandPhototherapynetworkhashadmostofitsfunctionstakenoverbythe national
PhototherapyNetworkwhich is what we alwaysintended.The Networkwas intendedto be the first step to  a
nationalonesupportedbytheBritishAssociationofDermatologistswhichiswhathashappened.Thus the
part-timenursewhoadministeredthenetworkhasnowleft,reducingourexpenses.Theonlyfunction we
haveretainedforthenetworkisthewebsitewhichhasusefuldocumentsforphototherapynurses so
maintaining that is the only expense left of the network.

Aswellastheusualconferences,weranaonedayEuropeanXPSocietySymposiuminLondonattended by
XP scientists and clinicians from Europe and further afield and it was a great success.
As a result of all this,  there was a net increase in our resources of £53237.22 in the year 2018-19.

OveralltheCharityisroughlyinbalance,thoughnowslightlyincreasingitsresourcesoverthistwo year
financial 'cycle' because of the part-time nurse's salary no longer being paid.

ThemajorsourceofincomethisyearasusualwasfromthePhotodermatologyCourse£59767.25 as
explainedabove.Becauseof financialstressin the NHS, we are no longerreceivingthe moneypaid by private
patientsforworkdonefortheminthePhotodermatologyUnit.Thatmoneyisnowbeingtakenby the
Hospital and not shared with the Trust.

 The Charity continues to effectively achieve its charitable objectives.
 The Trustees effectively represent the various stakeholders.

`FINANCIAL REVIEW`

`Principal funding sources`

Principal sources of funds: Course fees and Sponsorship of the Photodermatology Course we run.

TheexpenditurehassupportedthekeyobjectivesoftheCharitybyhelpingtoprovidesupportfor patients
withPhotodermatologicaldiseasesforthingsthatarenotcoveredbytheNHS.Wearealsosupporting the
objective of supporting research as detailed above that is ongoing.

`Investment policy and objectives`

OurinvestmentpolicyistokeepourrelativelysmallreservesinNatwestbankaccountwhichissafe and
secure in times of financial instability

`Reserves policy`

OurreservesareneververylargesincethescaleofouroperationandoftheTrustis small.Whatwehave is
held in a Current Plus account at Natwest.

Page 2

`PHOTODERMATOLOGY CHARITABLE TRUST`

`Report of the Trustees`

for the Year Ended 26 August 2024

`STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document`

Thecharityiscontrolledbyitsgoverningdocument,adeedoftrustandconstitutesan unincorporated
charity.

`REFERENCE AND ADMINISTRATIVE DETAILS`

`Registered Charity number`

`Principal address`

Photodermatology Unit
1st Floor, Counting House
Guy's Hospital
London
SE1 9RT

`Trustees`

Dr. R P E Sarkany
Mrs M Newlands
Dr H Fassihi
Mrs H Naik

`Independent Examiner`

Mr R Cottington
Sandison Lang Limited
2 St Marys Road
Tonbridge
Kent
TN9 2LB

Approved by order of the board of trustees on 2 May 2025 and signed on its behalf by:

Dr. R P E Sarkany - Trustee

Page 3

Independent Examiner's Report to the Trustees of
Photodermatology Charitable Trust

`Independent examiner's report to the trustees of Photodermatology Charitable Trust`

I reportto the charitytrusteeson my examinationof the accountsof PhotodermatologyCharitableTrust (the
Trust) for the year ended 26 August 2024.

`Responsibilities and basis of report`

As the charitytrusteesof the Trust you are responsiblefor the preparationof the accountsin accordance with
the requirements of the Charities Act 2011 ('the Act').

I reportin respectofmyexaminationoftheTrust'saccountscarriedoutunderSection145oftheActand in
carryingoutmyexaminationI havefollowedall applicableDirectionsgivenby the CharityCommission under
Section 145(5)(b) of the Act.

`Independent examiner's statement`

Ihavecompletedmyexamination.Iconfirmthatnomaterialmattershavecometomyattention 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.

Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.

Mr R Cottington

Sandison Lang Limited
2 St Marys Road
Tonbridge
Kent
TN9 2LB

2 May 2025

Page 4

PHOTODERMATOLOGY CHARITABLE TRUST

`Statement of Financial Activities`

`for the Year Ended 26 August 2024`

`Unrestricted` `Restricted` `funds` `funds` `Notes` `£` `£` `INCOME AND ENDOWMENTS FROM` `Donations and legacies` `-` `-` `Charitable activities` `Courses` `63,123` `-` `Investment income` `2` `11` `-` `Total` `63,134` `-` `EXPENDITURE ON` `Raising funds` `210` `-` `Charitable activities` `Courses` `8,995` `-` `Other` `1,814` `-` `Total` `11,019` `-` `NET INCOME/(EXPENDITURE)` `52,115` `-` `RECONCILIATION OF FUNDS` `Total funds brought forward` `62,665` `-` `TOTAL FUNDS CARRIED FORWARD` `114,780` `-`	`2024` `Total` `funds` `£` `-` `63,123` `11` `63,134` `210` `8,995` `1,814` `11,019` `52,115` `62,665` `114,780`	`2023` `Total` `funds` `£` `1` `2,663` `6` `2,670` `-` `30,397` `2,192` `32,589` `(29,919)` `92,584` `62,665`

The notes form part of these financial statements

Page 5

PHOTODERMATOLOGY CHARITABLE TRUST

`Balance Sheet`

`26 August 2024`

`Unrestricted` `Restricted` `funds` `funds` `Notes` `£` `£` `FIXED ASSETS` `Tangible assets` `5` `629` `-` `CURRENT ASSETS` `Cash at bank` `115,651` `-` `CREDITORS` `Amounts falling due within one year` `6` `(1,500)` `-` `NET CURRENT ASSETS` `114,151` `-` `TOTAL ASSETS LESS CURRENT LIABILITIES` `114,780` `-` `NET ASSETS` `114,780` `-` `FUNDS` `7` `Unrestricted funds` `TOTAL FUNDS`	`2024` `Total` `funds` `£` `629` `115,651` `(1,500)` `114,151` `114,780` `114,780` `114,780` `114,780`	`2023` `Total` `funds` `£` `839` `62,414` `(588)` `61,826` `62,665` `62,665` `62,665` `62,665`

The financialstatementswere approvedby the Board of Trusteesand authorisedfor issue on 2 May 2025 and
were signed on its behalf by:

R P E Sarkany - Trustee

H Fassihi - Trustee

The notes form part of these financial statements

Page 6

PHOTODERMATOLOGY CHARITABLE TRUST

for the Year Ended 26 August 2024

`Notes to the Financial Statements`

`1. ACCOUNTING POLICIES`

`Basis of preparing the financial statements`

Thefinancialstatementsofthecharity,whichisapublicbenefitentityunderFRS102,have been
preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingby Charities:
StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsin accordance
withthe FinancialReportingStandardapplicablein the UK and Republicof Ireland(FRS102) (effective
1 January2019)',FinancialReportingStandard102'TheFinancialReportingStandardapplicablein the
UKandRepublicofIreland'andtheCharitiesAct2011.Thefinancialstatementshavebeen prepared
under the historical cost convention.

`Income`

All incomeis recognisedin the Statementof FinancialActivitiesonce the charityhas entitlementto the
funds, it is probable that the income will be received and the amount can be measured reliably.

`Expenditure`

Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswill be
requiredinsettlementandtheamountoftheobligationcanbemeasuredreliably.Expenditure is
accountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost
relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingsthey have
been allocated to activities on a basis consistent with the use of resources.

Grantsofferedsubjecttoconditionswhichhavenotbeenmetattheyearenddatearenotedas a
commitment but not accrued as expenditure.

`Tangible fixed assets`

Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its
estimated useful life.

Equipment- 25% on reducing balance

`Taxation`

The charity is exempt from tax on its charitable activities.

`Fund accounting`

Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the
trustees.

Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted
purposes.

Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.

continued...

Page 7

PHOTODERMATOLOGY CHARITABLE TRUST

`Notes to the Financial Statements - continued`

for the Year Ended 26 August 2024

`2. INVESTMENT INCOME`

`INVESTMENT INCOME`
	`2024`	`2023`
	`£`	`£`
`Deposit account interest`	`11`	`6`

`3. TRUSTEES' REMUNERATION AND BENEFITS`

There were no trustees'remunerationor otherbenefitsfor the year ended 26 August 2024nor for the
year ended 26 August 2023.

`Trustees' expenses`

Therewerenotrustees'expensespaidfortheyearended26August2024norfortheyear ended
26 August 2023.

`4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`

Unrestricted
Restricted
funds
funds
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
1
-
Charitable activities
Courses
2,663
-
Investment income
6
-
Total
2,670
-
EXPENDITURE ON
Charitable activities
Courses
30,397
-
Other
2,192
-
Total
32,589
-
NET INCOME/(EXPENDITURE)
(29,919)
-
RECONCILIATION OF FUNDS
Total funds brought forward
92,584
- Total
funds
£
1
2,663
6
2,670
30,397
2,192
32,589
(29,919)
92,584

continued...

Page 8

`PHOTODERMATOLOGY CHARITABLE TRUST`

`Notes to the Financial Statements - continued`

for the Year Ended 26 August 2024

`4.`	`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`	`62,665`	`-`	`62,665`
`5.`	`TANGIBLE FIXED ASSETS`
				`Equipment`
				`£`
	`COST`
	`At 27 August 2023 and 26 August 2024`			`4,759`
	`DEPRECIATION`
	`At 27 August 2023`			`3,920`
	`Charge for year`			`210`
	`At 26 August 2024`			`4,130`
	`NET BOOK VALUE`
	`At 26 August 2024`			`629`
	`At 26 August 2023`			`839`
`6.`	`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`
			`2024`	`2023`
			`£`	`£`
	`Other creditors`		`1,500`	`588`
`7.`	`MOVEMENT IN FUNDS`
			`Net`
			`movement`
		`At 27/8/23`	`in funds`	`At 26/8/24`
		`£`	`£`	`£`
	`Unrestricted funds`
	`General fund`	`62,665`	`52,115`	`114,780`
	`TOTAL FUNDS`	`62,665`	`52,115`	`114,780`

continued...

Page 9

PHOTODERMATOLOGY CHARITABLE TRUST

Notes to the Financial Statements - continued
for the Year Ended 26 August 2024

`7. MOVEMENT IN FUNDS - continued`

Net movement in funds, included in the above are as follows:

`Incoming`	`Resources`	`Movement`
`resources`	`expended`	`in funds`
`£`	`£`	`£`
`Unrestricted funds`
`General fund` `63,134`	`(11,019)`	`52,115`
`TOTAL FUNDS` `63,134`	`(11,019)`	`52,115`
`Comparatives for movement in funds`
	`Net`
	`movement`
`At 27/8/22`	`in funds`	`At 26/8/23`
`£`	`£`	`£`
`Unrestricted funds`
`General fund` `92,584`	`(29,919)`	`62,665`
`TOTAL FUNDS` `92,584`	`(29,919)`	`62,665`
`Comparative net movement in funds, included in the above are as follows:`
`Incoming`	`Resources`	`Movement`
`resources`	`expended`	`in funds`
`£`	`£`	`£`
`Unrestricted funds`
`General fund` `2,670`	`(32,589)`	`(29,919)`
`TOTAL FUNDS` `2,670`	`(32,589)`	`(29,919)`

continued...

Page 10

PHOTODERMATOLOGY CHARITABLE TRUST

Notes to the Financial Statements - continued
for the Year Ended 26 August 2024

`7. MOVEMENT IN FUNDS - continued`

A current year 12 months and prior year 12 months combined position is as follows:

		`Net`
		`movement`
	`At 27/8/22`	`in funds`	`At 26/8/24`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`92,584`	`22,196`	`114,780`
`TOTAL FUNDS`	`92,584`	`22,196`	`114,780`

A currentyear12 monthsand prioryear12 monthscombinednet movementin funds,includedin  the
above are as follows:

	`Incoming`	`Resources`	`Movement`
	`resources`	`expended`	`in funds`
	`£`	`£`	`£`
`Unrestricted funds`
`General fund`	`65,804`	`(43,608)`	`22,196`
`TOTAL FUNDS`	`65,804`	`(43,608)`	`22,196`

`8. RELATED PARTY DISCLOSURES`

There were no related party transactions for the year ended 26 August 2024.

Page 11

`PHOTODERMATOLOGY CHARITABLE TRUST`

`Detailed Statement of Financial Activities`

for the Year Ended 26 August 2024

`INCOME AND ENDOWMENTS` `Donations and legacies` `Donations` `Investment income` `Deposit account interest` `Charitable activities` `Course sponsorship` `Photodermatology courses` `European XP Society income` `Total incoming resources` `EXPENDITURE` `Charitable activities` `Research costs` `Photodermatology course costs` `Photodermatology Network costs` `International conference exps` `Patient care grant` `Support costs` `Management` `Clinic expenses` `Office costs` `Subscription` `Depreciation of tangible and heritage assets` `Governance costs` `Accountancy and legal fees`	`2024` `£` `-` `11` `-` `59,767` `3,356` `63,123` `63,134` `1,587` `3,501` `72` `3,535` `300` `8,995` `230` `-` `-` `210` `440` `1,584`	`2023` `£` `1` `6` `1,751` `912` `-`
		`2,663`
		`2,670` `-` `30,397` `-` `-` `-`
		`30,397` `-` `990` `88` `280`
		`1,358` `834`

This page does not form part of the statutory financial statements

Page 12

`PHOTODERMATOLOGY CHARITABLE TRUST`

`Detailed Statement of Financial Activities`

for the Year Ended 26 August 2024

`Total resources expended` `Net income/(expenditure)`	`2024` `£` `11,019` `52,115`	`2023` `£` `32,589` `(29,919)`

This page does not form part of the statutory financial statements

Page 13