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?023 Co House acts.PDF
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Thomas Barri¢ & Co
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Ka￿￿ Schol¢fi¢ld
karen.b¥rtholom¢wC(b¢hi.nhs.uk
Date & Tlme:
3010912024 09=43=00 AM IBST)
I P .Addrcsts:
X6.177.I￿.168
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is correct and complete lo the best of their
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REGISTERED COMPANIY NL'IIBER= 05933974 (England Il'xle$l
REGISTERED CHARITY NLMBER: 1128113
REPORT OF THF. TRUSTEF.S
YAUDITED FLNKNCIAL.STATENIEliTS
FOR THE YEAR ENDED
IDE
EMBER 211
FOR

APA
B I LIMITED
COPiTEN'lS OF 'fHE FI),INCI,IL s'r,i'l'E￿1£￿TS
tQLihc)car ¢lldcd 31 DECL.IIBER2023
P&gt
Report of the Trusttes
Independent Examltttr's Report
Stglement of Fln*Dclal Attl￿tleS
B*lance Sheet
Notes to the Finantial Statements

APA
TERED
B I LI￿lITED (REGIL_--
%tBER:
974
REPORT OFTHE TRLSTEES
for the
'ear ended 31 DECE_IIBER 2023
The tru5ttts who are also directors of ihe charity for the of the Companie5 Act 2(￿￿. present their report with
thL financial SLqicJncnis of the eharity for the year ended 31 December 2023. The thlsices have adopied the provisions of
Accounting and R¢poning by ChaTilies'. Stai¢rn¢nl of Recomynended Pt3crice applicable lo charities preparing theiT
account5 in accordance with ihe Financial Re￿rtIng SwidaTd applicable in the UK and Republic of ITeland IFRS 1021
leftcctive l January 20191.
OBJEcfIvES AND ACTIVITIES
Objective5 and airN5
As ￿r our goNerning documen¢ the main PUFF￿￿ of the chariry is ro further the study of ihe science and Practice of
paLsdiatrie anaesihesia, and the projw leaching thereof. aryl towar(ts this end..
Organi5e regular scieniifLC meeting5.
Promoic ongjnal research in paediatric anaesihesia and et￿oUr8g¢ its presenttii¢M).
Providc ad￿l¢L 10 oihcT PTof¢ssiortJl b(xl1ts Jthd Jn*rLsi¢d maii¢rs perfaining 10 pa￿latriC
anae51hesia.
En¢oiirag¢ national and ini¢rnaiional links with lik¢-mit¥kd groups.
Coll¢¢i and disscminat¢ infom)aiior) rwding pacdiotyi¢ onacsth¢sia.
In shaping our objectives for the year and planning our aaivities. the mis*es have considered the Charity Coinmission'5
guidan¢c on publi¢ b¢nefii.
SIRnlfi¢#nt *cilfvliles
WL hild IhL 50th AnniveNry Amiual Sci¢niifJc meding IASMI in London in May 2023. previously delaycd due io the
Coi'id-11) pandLmic and subwucni rc%iriciion¥. This aitraaed a rccoTd 486 payinbv delcbaic% includinb 17 from oihcT
countries and recciv¢d very posiiivc f¢¢dback. W¢ again provitkd a p8r¢ni and baby facility for thc second tim¢.
ThL fuLLlS. as Li%ual. upoTh education. the sharing Of80￿ prdciice and the presentsiioTh ofTeseaTch, and much of Ihc
cunteni is a¢ee&sibl¢ to members after ihe ¢v¢ni.
We havL Lonlinued lo sUp￿rt Ihe developmeni of paiicni infonnaiion rcwurces. in conjunciion ￿1th Ihc Royal Collcsrc
of AnaL%ihLti%l%. The online eomie of 'DLnnis ihe Mcnace has an AnaL'sth￿1c- and underbtOL% a ion%illLLlI)Iny. in
onjunrlion wiih Ihc Ileano. which was launchcd in 202? has b¢cn awardcd a 5IKC131 comm¢ndalioii in lh¢ BMA palieni
infornialion uwards 2U23. Thcrc ha5 tKcn a furthcr small cxIc￿l0￿ of proj￿( "Thc A-Tcain Lhallcngcs" aiid a Tcward
Lhart lo hLIp LhildrLn and their familiLS PTeparL. foT.suryery.
During the ycar the various sub ¢ommitte¢5 have ¢Onlinu¢d to Work to improve educational material. develop guidclinc5
ror bLIIILr paiient care and the Chariiy has also been able 10 advise other bodies aboui paedialric anaesihesia when
r¢4u¢bl¢d.
We have continued io support a small n￿rn￿r ofTe8ional ed￿110[￿] forums. trainee prizes atMI educaiional initiatives.
Grantrnaking
We havL' fllnd% available for making resedrch grants and coniinue io panicipale in the NIAA rounds. Two projecls were
onsid¢r¢d but the d¢ci5ion wa5 rnade rK)l ¢0 fund ¢iih¢r ill ¢h¢ current foThi.
Three irdvel ￿ntS of £51M) each were made in supp)rt of invited S￿kerS io preseni WO￿ overseas.
Volunteer5
The Charity bertefit% greatly from the involvement and enthtssiastic of its many wol￿te￿. In accordantt with
FRS 102 and the Charities SORP IFRS 1021. the econotnic contribution of general volunleer5 is not recogllised in the
accounts.
Page I

APA
TERED
B I LI￿lITED (REGIL_--
%tBER:
974
REPORT OFTHE TRLSTEES
for the
'ear ended 31 DECE_IIBER 2023
ACHIEI'EMENT.4P4D PERFOR.MANCE
The Charjty has held a SUCLLssful and i¥LII allended 50th At)t)ua] Scientifjc Meeting in Lotjdon in May. This was in
ollaboration with coll¢ague5 from SPANZA. the kni¢ty foi Paediavic ATwesthe5ia of New Zealand aDd Australia. The
meeting attracted 486 delegate5 and receii'ed N'ery rM>sitii'e feediKick. The Charity also held a Successful Virtual
cducaiional and ncnvorking Link￿rSOn mcciing in Noiemkn. ￿hleh ￿aS al￿ wcll attcnded and rLYeivcd very p)siiivc
feedback. The Chanly cortlinues io develop new educatiort&l maieritil for paediatTiL artaestheiisis to impTove the
education of trainee dociors for revalidaiion for consultsnts and for Ihe sharing of go(MJ pracrice. Some of the projects
which werL dL'layed by ihc pandemie have ￿¢￿ revived and are ongoing. The CTharity eonrinues to contribute collective
expert opinion when sollghi by thi. NHS. RCOA and other orgathisaiions.
FINANCIAL RE￿.[￿w
inarhciY41 position
The Chanty's main sollrt¢ of income is mem￿rShip subscri]xions from its mcmlxts which this year IOLill¢d £8O.344
12022 - £82,576) Iwsed on membwship muobets of1.05312022- 1.0771.
EducLi1ional prizes werL' awardLd 10 train¢¢s IOLqlling £950. An ¢du¢aiion21 grani of £1,800 was made io support a
memblr 10 crtrol irt a BSLM physicijn diploma - Cor¢ A¢¢r¢dil¥lion io Lifcstyl¢ M¢di¢ine, Brilish So¢iLty of Lif¢siyl¢
Medicine.
£1,500 w&q S￿01 on irJvLI grani$ ￿ sup]￿ ihrcc mcmlxrs ￿ enga￿ in and ￿ prcscni ai the &xicty of Pediatric
Anelith¢5ia 37th Annual Meeting in San Frdncisco irb OC￿l￿r.
Th¢rL' W&4 £4.379 sÉKni providing m¢dal$ for Jockson R¢¢$ Swkcts at)d h)t)orary m¢mb¢rs', Ihis irKludcs buying ah¢ad
lor a ILW yeiirs.
Charitabl¢ donaiions wcr¢ madc in May ￿ lh¢ Louis Du¢hhs C¢nty¢ & Nov¢mb¢r 10 UNICEF. walling £4.000.
Wc continue 10 5ubsCritr￿ lo ihe Journal ofpediairic Anaesihesia ￿ a Mem￿￿[shiP tKinefEI which costs £lO.000.
A SMAII numb¢r of regional mectings r¢¢cived SUp￿rt again in the year.
Reserves polley
li 1.4 thi Trii.41ii% ￿lIcY to opcrd¢c al a surplus cach ycar. whcrcvcr ￿SSIble. and ￿ usc i￿sC TescTVCS to rnakc wants or
donJtion% dpproved by the Council. Ai the year eNI the Chariry held £508249 in unresiric￿d funds.
FUTURE PLANS
Cioinb fvrward th¢ Charity has suc¢tssfully r¢v¢rted 10 holding physiul Annual Sei¢ntLfic M¢eiing$ sgain. as ￿fOr¢ th¢
C-ovid pandcmic.. thc ncxl ￿111 bc Ihc 5151 Annual Mceling in N¢￿'caStIC Lwli Tync in May 2U24. 10 ￿hic17 wc will havc
invited %￿akeTh from thL Paediairic Anaesihe%ia Communiiy of South Africa. PACSA aiiending. The usual reduced rate
for dll member% dnd early b(M)kers will dpply. and ihe recenily ininmluced inilldiive of free regi%traiion for dll delegdie%
applying frotn counlrics defined as non-high income ￿orK￿MIeS will conlinue. in addition lo a newly Introduc￿ category
to cncouragc opcraling dcpartmcnl practilioners lo attcnd. Therc arc venucs orsanikij for the ncxt fivc ycar5 frojn
department% iniere%ied in hosting from throughoui the UK 2nd I￿land.
The Charity intends to upgrade the current website and a150 replace the existing member engag¢m¢nt system. Two
companies have recenily been enwdged to deliver this work. atkr knderin&
The Charity ha5 also engaged a new trofe5sional conf¢retKe ￿￿￿Tri5¢r to run the 2025 ASM which will be hosted in
Edinburgh.
Support for regional rneetings. ￿ether physical or virtuaj will conlitiut. a5 will provision of trainee prizes and
educational grants for paedialric life suppon eours¢s.
STRUCTURE, GOI'ERNANCE AND 31ANAGEMEi¥r
Govtrnith¥ d¢itument
The charity is COlllroll¢d by its goTrerning d￿UMen( a deed of trusL and cotLsiibJte5 a limit&l company, limited by
guarantee, as defined by the COM[%￿]eS Aci 21M)6.
Page 2

APA
TERED
B I LI￿lITED (REGIL_--
%tBER:
974
REPORT OFTHE TRLSTEES
for the
'ear ended 31 DECE_IIBER 2023
STRucfuRE, GOVERNANCE AND MANAGEMENr
Recruitment and appointment of nejv trustees
EIcLicd DirLciors ITnisiccs1 w'ill bc elL￿ted by ballot and dJ"recioJ% of APAGBI. All bar the Trdinec Member
shall be elected from the Full Membets Hortordry Membets of APACJBI. The Trairt¢e Member will be ele¢ied from
amongst ihe Trdintts Mernbers of APAGBI.
The Council will elLCi a PrL'sidenL a Secretary athd a Tre￿W￿r, these will IK, knO￿.n as "SpeLial OfficL Holders"
The
P￿Sident F.l¢ct, lrnm¢dial¢ Past Pre5id¢ni. Immediate Pam Secretsry and Immedi&e Past Tr&gSUTer shall also be Special
Office Ilolders. Special Otrice Ilolders shall also be Directors of APAGBI.
If an Elected DiT¢Ctor i5 apwinted a Special Office Holder. he Shall cease to be an Elected Director, but ￿T￿ainS a
Director of ihe C'ornpany and an election for a Teplacemeni Elec*d Director will be held in accordance with Article 9.6
ot'ihe Articles ot'Associaiioo.
Or%Anls9tlonal structure
Thl boiird ol. Iru%lLLs io¥iihei with c(w)ied members and a lay person fomi the ¢oun¢il of the Chariry. The members of
the council meet quart¢Tly and have Te5ponsibiliry for all straiegic decisions of the chariry.
Induction Y4nd trsllnlng of new trustees
APAGIII run regular charity governance workshops. to which. all Cour￿17 members ITrusteesl. are Invi￿1. These are
aiicndld and whln Dccessary.
REFF.RFNCE A￿D ADMIliISTRATIVE DETAI[
Re%lslered C'ompxn). number
03933974 (England and Wales)
Reglstered Chgrlt>' number
Rexlslered offl¢f
21 Portl4iiid PlaLL
L()nd()n
WIH IPY
Truste
Dr Q. tiildcrslcvc Past Prcsidcnl Irc5igncd 26.5.23)
Dr M Thomas Past Pre%ideni
Dr S P Courtmart Prcsid¢ni
Dr K M Scholcficld Prc5idcnt El￿1
Dr KC Ach42ibar Train& Mcmbcr Ircsigncd 26.5.23
Dr J M Stdn%field Hom¢ Memb¢r I￿1￿1¢￿ 24.5.23)
Dr R N R¢ddy T￿asure[
Dr N 5oiindararnjan Trustcc
Dr L J Hllldti SeL'retary
Dr S Grccnaway Tru5te¢ lappointd 12.6.23)
Dr N Taylor Trustce lappoinlcd 24.5.23
Dr C L Rilcy Trusice lapp)inicd 74.5.23}
Dr S Kanani Trustee lappoirtl¢d 24.5.23)
CompaTh>' St¢rrtAry
DrSKDas
Page 3

APA
TERED
B I LI￿lITED (REGIL_--
%tBER:
974
REPORT OFTHE TRLSTEES
for the
'ear ended 31 DECE_IIBER 2023
REFERENCE A￿D ADmI￿lsT1L4TTr'E DETAIiS
Independent Exarniner
Thomas BarriL & Co LLP
Ailanli¢ House
la Cadogan Street
Glasgow
G2 6QE
Approved by order of the FKHrd of trustces OTh 27 Septem￿r 2024 and S1￿cd OTh its FKhalf by..
Dr K M Schol¢fLeld- TTuslee
Page 4

IliDEPENDENT EXAhqlYER'8 REPORT TO THE TR
.4 P.4G B I LIIIITED
TEE
Independent examiner's report lo the truslees of A P A G B l Limited {'the Companv'l
I report io the charity tnisiees ort my examination ocihe accowjts ofthc Company for ihe year e]￿ed 31 December 2023.
Responsibiliiies 9nd bAsis of report
A5 the charity'5 mistee5 of the Cornpany land a150 its directi)rs for the pu4)05es of company la￿.) you aTe r¢S￿nsIbl¢ foT
the preparation of ihe accounts in accordance with ihe reqU￿¢￿ents of the Companies Act 20061'the 21kn Act,).
Having saiisfied myself thai the accounts of the Comparty are not tequited io be audiied under Part 16 of ihe 2006 Act
and are eligible for ind¢p¢nd¢ni examinaiion. I repon in res￿ of my examinarion of your charity'5 accounts as Ca￿led
out linder Sccrion 145 of Ihe Charities Aci 2011 I'thc 2011 Aci'l. In carrying oui my examination I have followed rhe
DirL￿tionS given by thL' Charity Commi&sion S¢aion 145(51 Ibl orth¢ 2011 Act.
Indepetldent exgmlner's stgtement
SinLe your chJTily'% income exc¢th £250.¢XMI your ¢KarNi￿r must k a member of a listed Ix)dy. I can coiifin
thai l am qualified lo undertak¢ the exarninaiion because l arn a member of the InstLiUte of CharteTed Accounthnts of
S¢otland, which is on¢ ot'ih¢ ILSt¢d Ixxlics.
I have completed my examination. I confirn ihal no matters have come ro my attention in c4>nnection with the
¢xaminLg1ion giving m¥ ¢aus¢ 10 b¢liev¢'.
accounting Tecords were noi kept in re¥Kct of the Company a5 required by Seciion 386 of ihe 21X)6 Act: or
thL accounts do noi accord wilh those reeords: or
IhL a¢¢ounts do noi comply with th¢ ac¢ouniir)g wquir¢mcDts of Scciion 396 of Ihc 2006 A¢1 oihcr Ihan any
TLyuirLmLnl Ihal the accounLS giv¢ a In￿ and fair view which is noi a mai*r coii%idcTcd il% part of ali indLpLiidLiit
eKaminaiiun', or
IhL a¢counts have noi pw)r¢d it) occordan¢¢ with th¢ mdhcKls and principles of Ihc SLqi¢menr of
R¥LvmmLndiYJ PrailiLL for acLounlin¥ ar)d re￿11￿¥ by ¢harilits lappliLablL w chariliLy prLying th¥iT aLLouni%
in accordance with Ihc FinarKial RerA)rtin8 StsrKlard arvlicable in the UK ar￿ Republic ofireland IFRS 10211.
I have nu ¢unLcm% and have comc across nts oiher mailers in ¢omic¢iion with the ¢xaminaiion 10 which aiicniion should
bL drawn in this Tew)rt iTh onkr 10 eThablc a Pro￿r undcrsthndin8 ofihc accounts. Teachcd.
Martin tircig BA C'A
The Insiituie ofchanered Accountants ofscthland
Thorna5 Barric & Co LLP
Ailaniic House
la Cadogan Street
Glasgo￿.
G2 6QE
29 S¢pt¢mb¢T 2024
Page 5

APA
B I LIMITED
ST.￿TE￿IENT OF FIN.4NCI.4L Acfii'iTIES
lor the
'ear ended 31 DECE_IIBER 2023
2023
Unrestricted
ttd
2022
Toral
funds
Not¢s
INCOME AND ENDOWMENTS FRO￿1
Dortaliorts and legacies
343,708
160,166
Oiher irddin8 aeiivilies
InVL￿1M¢ftt in¢om¢
15
6,226
465
Totfil
350,084
160,631
EXPE￿D[TURE ON
Raisingi funds
229.383
113,898
Chlritable attivitie5
Research
20.107
14,312
Other
43.723
42,867
Total
293.213
171,077
Nci Bain￿(lo$s¢S) oth invesiments
18,9761
NET INCOfvIEI{FXPF.NDITUREI
57.715
119.4221
RFC()ryCII.IA TI()N ()Tr FUNDS
Tol4i1 lundb brvii&Thi liirw'li rd
450.534
469,956
TOTAL FUNDS CARRIED FORM'ARD
508.249
450.534
The notfs foTtn part of th¢5¢ financial tst¢Tn¢nts
Pa8e 6

APA
B I LI￿lITED
TERED
%IBER=
974
BAL.4NCE SHEET
31 DECEIIBER 2023
2023
Unrestricted
ttd
2022
Toral
funds
Not¢s
FIXED ASSETS
Invesimertls
I[￿,749
CURRENT ASSETS
DebioT5
Cash at bank
35.464
476.664
720
363,014
512.128
363,734
CREDITORS
Amounts falling due within one year
13.8791
117.9491
NET CURRENT ASSETS
508.249
345,785
TOTAL ASSETS LESSCLRRENT
I,IARII.ITITr.S
508.249
450.534
NET ASSETS
508.249
450,534
FUNDS
UnrL4lriLicd funds
10
508,249
450.534
TOTAI. FUNDS
50X,249
450,534
The ¢hariiabl¢ ¢omJyJny is ¢n¢iiled io exempiion from audii Se¢iion 477 of lh¢ Companies A¢1 2006 for ¢he year
cndcd 31 Dcccmbcr 2023.
The m¢mb¢rs have rtol r¢quir¢d th¢ ¢omp3ny io obtain an audit of its financial stst¢ments for the year end¢d
31 DcccmtKr 2023 in accordancc with Scction 476 of thc Lompanics Act 2(￿.
The trusi¢¢s arknowledg¢ th¢ir r¢srK)nsibiliti¢s for
lal
cn5uring ihal Ihc charilablc comtmny key accounting T￿OrdS that comply with Sections 3¥6 and 3￿7 of the
Coinpanics Act 2(K16 and
preparin¥ finaneidl %LLiemenis which ￿ve a blLe and fair view of the state of affaiTh of the chariiahle Company as
at th¢ end of e3rh financial ￿ar and of its Sury)I￿￿ or Ikfirit for each fiDancial y¢aT in accordance with the
rcquiremcnls of Scctions 394 and 395 and which oihcrwisc C￿￿pIY wilh Ihc rcquircmcnts of thc compani￿ Act
2006 relating tts financial %taiemenL%. lo far&% applicable io the Lharithble company.
Ibl
Thes¢ financial staternents have been Preparcd in accordance with the provisions applicable to Ch￿L¢able companies
subjccl lo Ihc small companies rcgim¢.
The financial statements wer¢ approv￿ by the Board of Trusttts a[￿ authorised for issue on 27 September 2024 and
werc sigllcd on its bchalf by..
K M ScholefJ¢ld- Trustee
The notfs foTtn part of th¢5¢ financial tst¢Tn¢nts
Pa8e 7

APA
B I LIMITED
NOTES TO THE FI).4JCI.4L STATEIIENTS
lor the
'ear ended 31 DECE.IIBER 2023
ACCOUNTlTriG POLICIES
Basl5 of preparing the financial Statements
The linanLial SlLItLmcnts of thc charitsblL comp3ny. which is a public t£nefii eniiry under FRS 102, have been
PTe[￿rtd in a¢¢otdartce with the Chatilies SORP IFRS 1021 A¢¢ounling and Reporting by Chatiiies". Stsiemeni
of Recornmended Praciice applicable io chaTiiies preparing their accounts in accordance with the Financial
Rcponin8 SiandlL rd applicable in the UK and Republic of Irciand IFRS 102} letyeaiie l January 20191,, Financial
Reporting SLqndard 102 The Fitwieial Rew)rting Stsrtdllrd applicable Jn ihe UK and Republic of Ireland. and Ihe
Cornpanics Act 21K)6. The financial 5uiements haie been Prepared under the hisroTical cost convention, w'ith the
exception of invesmi¢nts w'hich are included ai market value. as [n￿lfIed by the revaluatioii of certain assets.
The PT¢5entational and fvnctional Currency of the financia] sta*m¢nts is Pounds Sterling 1£)
The chariLqbl¢ compatty has taken advantage of the following disclosurc exemption in prep8ring ihesc financial
siatLmLnts. as ￿[M]lILd by FRS 102 Th¢ Fithath¢ial R¢p)rting Standard appli¢abl¢ irt th¢ UK and Republic of
ITeland':
th¢ Tequirements of Seclion 7 Ststhent of Cash Flow5.
Colng concern
Aller re￿Iewing the chariry's forecasts and projeeiions. the irusiees have a Teasonable cxpectaiion ihal the cliarily
ha4 JdLqiiai¢ resourccs io ¢ODiinu¢ in 0￿ratIonal exisicD¢¢ for thc foJrsctrabl¢ fulurc. Th¢ charity Ihcr¢lorL'
conlinues to adopt ihe going concern basis in prcparing its financial $th*m¢nts.
Crlile#l *c¢ouniln%Jud%tmtni$ and kev So￿re¢S Of es¢5nbitlon uneert*lnty
In prLparing Ihc%L finaneial stsicmenis. Ihc In￿[eeS are Tequired io make jud8cmenL%. es1imaie% and a%%uinpiiun%
thai atTcci th¢ application of the Charity's a¢¢ouniing ￿lICieS and th¢ rcp)rt¢d amounL% of as%eL%, liabiliiie%.
inLomi und ￿K￿[L%¢1. Arlual r¢wlis may ditT¢r from thc5¢ c￿lmates. Fslin)alts and un(krlyir)g assumptions arc
TL'V)LWLd on an on¥uin¥ b&sis. Revisions 10 esiimaies are reco8llisL¥I prOs￿Li1ve1y.
There orc no signifi¢ani judgemcnts or e$iimAie$ used in the PT¢paraiion of these acC￿nts.
Flxed issft Ini'e51men15
Invc5tmLnts arc mcasurcd at fair valuc with change5 in fair valuc rcc¢)gni5ed in PTofil or loss.
Income
InLÉ)me 1.% recogni*d when ihe chariry has eniiilemeni io the fU￿LS. any [￿OrnIa￿Ce conditions attached to Ihe
ii¢mlil of in¢om¢ hav¢ been meL it is prd)abl¢ that th¢ itKom¢ will be r¢¢eiv¢(L and the amount ¢an be m¢a5ur¢
rcliably.
Income Irorti 5ub5CriPtions recogni5￿ in the peri￿ to which they relate.
D¢le¥al¢ Inrotne in fflation to the attendance at the Annual ki¢ntifir M¢¢ting 15 ￿COgnISed in th¢ ￿riod in
which the meeting 15 held.
Grant5
Granis are recognised when the charity ha5 been notified in ￿ritIng of iK>th the amount and settlement date.
Gntiis arc dcfcrrcd if temis or cotmliiions musi bc mei bcforc thc charity has enritlcmcni to Ihc rcsourccs.
Expenditure
Liabilitie% are reeognised as expenditure as s(x)n as there Is a legal or tOnSblLeiive obligaiion commiiting the
harity to that exp￿dItI][¢. It 15 probabl¢ that a tsan5fer of ¢ronotnic b¢n¢fits will r¢quir¢d in s¢ttI¢Tn¢nt and
the amount of the obligaiion can be measured r¢liably. Exrtndiwre is accounred for on an accruals basis and ha5
beert classified under headirtgs thai aggreeaie &ll cosi relat￿ 10 the caiegory. Ilffiere costs cannoi be direcily
atthbul¢d to particular headings th¢y hai'¢ ir¢n all(Ka*d to activities on a bas'15 ￿n5]Stent with th¢ Ub¢ of
re50urc¢s.
Page 8

APA
B I LIMITED
NOTES TO THE FI)AICI.4L STATEIIENTS- continued
lor the
'ear ended 31 DECE_IIBER 2023
ACCOUNTlTriG POLICIES- continued
Expenditure
Cirdnts
Gran15 offered subject to conditions which have not Tnet at year tr￿ date are noted as a comrnitment but
noi accnied &s exrondirllre.
Taxation
ThL Lhaniy is exempt from corp)rdtithi its charitsble ¥tiviiies.
Fund Attoutttlng
UnresinLied fun(t% can be uged in a¢￿[[￿¢¢ with the ¢harithble objttiives ai the di$¢￿]00 ofthe trusiees.
R¢siri¢ied fimds cat) only ￿ us¢d for particular rL%tri¢i¢d purw within obj¢¢ts of th¢ ¢h8riry. R¢siri¢iions
arise when specified by ihe when fimds are rniseij forparticulat JYStyic*d PUryM)ses.
Fln*nelal Insirumenls
ThL Lharity ha5 fIn￿CIal as5els and financvdl liabililtes of a kI￿j that qualify as basic financial in5tTument5.
Shurt leTm debtor% are measured ai iTan￿lI0￿ price. less any impainnent.
Ci14h and c&sh equivalcthis comprise cath baknrKes.
Short Icmi ¢radc ¢rcdiiors arc mcasurcd at Ihc trarwciion price.
Provl$lon$
PToviiioll5 d¢￿rmIn¢d by di5counling ihc ¢K￿cl¢d fulurc cash flows al a Prc-￿X raic Ihal rcllccls CUTrLni
mdrket asle￿￿menL% of ihe lime valu¢ (Trf mon¢y and th¢ risks srKiifii io th¢ liability. Th¢ unwinding of lh¢
di5rouni is rc¢ogni5¢d as finan¢c cost.
OTHF.R TRADING Acri￿.iT1F.s
2023
2022
Sponsorships
150
INvEsT￿lENT INCOME
2023
2022
Oth¢T fixed a55¢1 Inv¢51- FIT
Dcposit accouni intercst
354
5,¥72
156
309
6226
4()5
Page 9

APA
B I LIMITED
NOTES TO THE FI)AICI.4L STATEIIENTS- continued
lor the
'ear ended 31 DECE_IIBER 2023
RAISINC FUNDS
Investrnent manageTNent Costs
2023
2022
Portfolio rnanagernent
79
163
TRUSTEES, REMUNEIL4TIOPi AND BEfiEFITS
Th¢Te were no tru5ttt5' reTnun¢rni]L￿ or other benefits for the year end￿ 31 tkr¢mbeT 2023 nor for the year
ended 31 December 2022.
I'rustee5 expense5
2023
2022
Truslccs, cxpense5
14.051
7.974
During the year, trustees received reimbursemenl of for travel and aceomm(Mlation costs where
appropriate.
In #ddilion, Ihc Charity received £1.203 in memkrship subscripiions frtsm its Trustees.
COMPARATIVES FOR THE STATE￿IE￿1T0F FIYAliCIAL ACTII'ITIES
Unrc4lricied
tund
INCOMF. AND F.NDOII'MENTS FROM
D(In4l1iun% an(1 Ii&4lLiCS
160,166
Inve.stment in¢om¢
465
Tot81
1fi0,fi31
EXPF.NDITURE ON
Raising liind5
113.898
Charitible activities
Rcscarch
14,312
Other
42,867
Tot#1
171,077
N¢t bmin￿lI055¢$I on inY¢stmrnts
18,9761
NET INco￿lE1(EXPE￿DlTuREl
119,4221
RECONCILIATION OF FUNDS
Total fiinds broughi lon¥ard
469,956
Page 10

APA
B I LIMITED
NOTES TO THE FI)AICI.4L STATEIIENTS- continued
lor the
'ear ended 31 DECE_IIBER 2023
COMPARATIVES FOR THE STATEMEPIT OF FINA Tr4CIAL Acri￿,IT1ES- continued
Unresirithed
fijnd
TOTAL FUPIDS CARRIED FoR￿'ARD
450,534
FIXED ASSET INVESTMENTS
Th¢Te were no inv¢stm¢nt a55¢ts outside the UK.
During th¢ y¢ar, th¢ inv¢stm¢nt wtrfolio was sold iti Its eiiiircty. ba￿￿¢ ai ycar ¢nd is ihcr¢for¢ nil.
Summary ag follows..
Opening valuaiion
Diswsals
RLvalualion
C'losing valuation
104.749
1105,9741
DFBTORS: A￿[ouNTs FALLING DUE II'ITHIN OYE YEAR
2023
2022
Other debtors
35.464
720
CREDITORS: AMOUNTS FALLINC DUE W'ITHIY ONE YEAR
2023
2022
Oth¢T cr¢diiors
Accrued expenses
3,879
4,848
3.879
17.949
10.
IOVF.MF.NT IN FUPIDS
Nei
movLmcnt
in fvn(ts
At 1.1.23
31.12.23
UnrL'*trltted funds
Gcncral lund
450.534
57,715
5011,249
TOTAL FUF*DS
450.534
57.715
508,249
Net movement in fund5. incluikd in the alx>ve are as follows..
Iwming
re50urc¢s
R¢wur¢¢5
expended
Gain5 and
losse5
Movement
in fimds
Urtre5tri¢ted fund$
General fi]nd
350,084
12932131
57,715
TOTAL FufiDS
350,084
1293213
57,715
Pagell

APA
B I LIMITED
NOTES TO THE FI)AICI.4L STATEIIENTS- continued
lor the
'ear ended 31 DECE_IIBER 2023
io.
MOVE11EYT IN FUPiDS- continued
Comp9r9tives for movemeDt in funds
Net
moi'ement
In funds
Ar
31.12.22
Ai 1.1.22
Unrestrltted funds
General fund
469.956
119.4221
450,534
i'o-rAL TrUPiDS
469.956
119.4221
450,534
Comparative net movement in funth. irKluded in the alx)ve are as follows..
Incoming
resources
Rewurces
expended
Gains and
losses
Mov¢m¢ni
in funds
Unre$trleted funds
Gcncral fund
160,631
1171,0771
18.9761
119.4221
TOTAL FUNDS
160.631
1171.0771
18,Y761
119,4221
RELATED PARTY DISCLOSURES
Oth¢T than ¢xp¢nxs ouilincd in N¢Y¢ 5 to th¢ Aeeounis. t￿[¢ wer¢ no r¢lat¢d party transactions during th¢ Y￿r.
Page 12