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2025-06-30-accounts

Ichthyosis Support Group

(a Company Limited by Guarantee)

Trustees’ Report and Financial Statements for the year ended 30 June 2025

Registered Company number 07609904 Registered Charity number 1142457

Ichthyosis Support Group Financial Statements for the year ended 30 June 2025

Index
Page
Report of the Trustees 3-9
Statement of Trustees responsibilities 10
Report of the independent examiner 11
Statement of financial activities (incorporating an Income & Expenditure Account) 12
Balance sheet 13
Principal Accounting Policies 14-16
Notes to the financial statements 16-23

2

Ichthyosis Support Group Financial Statements for the year ended 30 June 2025

Report of the Trustees

The directors of Ichthyosis Group Support Ltd (“the charitable company”) are its Trustees for the purpose of charity law and throughout this report are collectively referred to as its Trustees. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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 (FRS102) (updated 1 January 2019).

The Trustees have pleasure in presenting the charitable company’s report and financial statements for the year ended 30 June 2025.

OBJECTIVES AND ACTIVITIES

Objects of the Charity as set out in the governing document.

The objects of the Charity are to:

  1. Promote and protect the physical and mental health of people affected by Ichthyosis and any associated condition in the United Kingdom and the Republic of Ireland through the provision of financial assistance, support, education, and practical advice.

  2. Advance the education of the general public and medical profession in all areas relating to Ichthyosis and related conditions, including the implications for affected families.

  3. Promote research into the management of Ichthyosis and any associated condition, publish the useful results of that research, and support organisations worldwide that promote research into Ichthyosis.

  4. Further such other charitable purposes according to the laws of England and Wales for the benefit of the public.

Activities during the Period to Achieve the Charity’s Objects and Obligations of Public Benefit:

During the period, the Charity undertook a wide range of activities in support of its charitable purposes, including:

3

Ichthyosis Support Group Financial Statements for the year ended 30 June 2025

Report of the Trustees (continued)

The Charity also:

4

Ichthyosis Support Group Financial Statements for the year ended 30 June 2025

Report of the Trustees (continued)

Grant Making

Where suitable project applications are received and funds allow, the Charity makes grants for research projects. The amount available is determined from year to year. Applications are welcomed and assessed by the Medical Advisory Board.

Volunteers’ Contribution

Unpaid volunteers made a significant and valued contribution to the Charity throughout the year. They supported affected families through peer networking, assisted with fundraising activities, and provided practical help at the national conference and other regional events. Volunteers also offered administrative support to the office, strengthening the dayto-day running of the Charity.

The Charity is fortunate to benefit from a dedicated group of volunteers who play an active role in delivering the annual national conference and children’s residential camps, helping to ensure these events are safe, inclusive, and welcoming for all participants.

In addition, the Charity’s Ambassadors continue to provide peer support to members, promote awareness of Ichthyosis, and represent ISG within their communities, thereby extending the Charity’s reach and impact across the UK and Ireland.

ACHIEVEMENTS AND PERFORMANCE

In exercising their duties to achieve the Charity’s objectives, the directors have paid due regard to the Charity Commission’s guidance on public benefit when determining the Charity’s activities.

The major achievements of the Charity during the reporting period and subsequent period include:

5

Ichthyosis Support Group Financial Statements for the year ended 30 June 2025

Report of the Trustees (continued)

FUTURE PLANS

The Charity remains committed to expanding its operational capacity and broadening the support and services it can offer to members, subject to available resources and funding.

Planned activities include:

6

Ichthyosis Support Group Financial Statements for the year ended 30 June 2025

Report of the Trustees (continued)

FINANCIAL REVIEW

As shown in the Statement of Financial Activities on page 12, the Charity holds unrestricted funds just below £390,000, largely as a result of a significant legacy received in 2021/22. The directors are carefully considering how to best apply these resources in furtherance of the Charity’s objectives. Areas under consideration include:

Restricted funds of £13,426 remain to be spent in future years in accordance with their assigned purpose. After designated funds of £20,000 have been set aside for grants for research purposes and £25,000 for salary costs, general funds of £55,496 in addition to the legacy fund of £288,971 are available for ongoing charitable purpose. Depending on future decisions regarding the use of the legacy funds, further amounts may be designated in due course.

Although the Charity has benefited from this generous legacy, once these funds have been committed or invested, ISG will continue to rely on income generated through member and supporter fundraising, together with successful grant applications. This means the Charity may remain vulnerable to fluctuations in income in future years. The directors therefore recognise the importance of continuing to manage resources prudently, while maintaining and strengthening fundraising and grant income wherever possible

General Reserve Policy

In view of the fact that much of the charity’s income arises from grants, proceeds of special events, sponsorships and other fundraising efforts on a “one-off” basis, the reoccurrence of which cannot be guaranteed from one year to another, it is considered desirable to maintain a General Reserve Level equal to the core expenditure and other known commitments budgeted to occur in the following accounting year, less anticipated regular income in that year. This would require an amount of around £65,000. As at 30[th] June 2025, un-restricted free reserves were £56,996, which is short of that required by our policy.

Review of the Reserve Policy

The Reserve Policy is reviewed annually after the end of the financial year in the light of the results for that financial year, or earlier if there is any substantial change in the Charity’s financial circumstances.

7

Ichthyosis Support Group Financial Statements for the year ended 30 June 2025

Report of the Trustees (continued)

Risk Assessment

Trustees endeavor to identify the major risks to which the Charity is exposed and put in place procedures to manage such risks on an on-going basis. Appropriate insurance cover is held or taken out covering employment risks and such other risks that may be identified from time to time.

FUNDS HELD AS A CUSTODIAN TRUSTEE

No such funds are held.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Organisational Structure and Decision Making

The Board of directors meet a minimum of four times a year in person, or more often as necessary, in addition to numerous conference calls. They administer the Charity and take major and strategic decisions. Day-to-day functions are carried out by the Administrator and by some Board members.

Governing Document

The governing document is the Articles of Association and subject to the provisions set out in the Companies Act 2006 and the Charities Act 2011, where applicable.

Method of Recruitment and Appointment of Directors

Directors must be a member of the Charity and not be disqualified as a Director or Trustee by the Articles. No body or individual external to the Charity is permitted to appoint directors. Members are invited to put themselves forward or be nominated by other members as directors by means of newsletters circulated to all members by post or electronically, and invited to do so at General Meetings.

Directors are elected by the members at General Meetings for a term of three years. Directors may offer themselves for re-election at the end of their term of office.

The Board may at any time co-opt any individual who is qualified to be appointed as a director to fill a vacancy in their number or as an additional director. A co-opted director holds office until the next General Meeting at which they must stand for election by the members.

Induction and Training of Directors

Once appointed, new directors receive appropriate training in their duties and responsibilities by reference to relevant literature including publications issued by the Charity Commissioners and advice and assistance from existing directors. Where possible, directors are encouraged to attend related training courses and seminars.

REFERENCE AND ADMINISTRATIVE INFORMATION

Trustees Margaret Aldwin Baljinder Sohi Raymond James Rowley Tejvir Sohi Paul William Whitehouse Kay Holby Mudassar Ulhaq Simon Brown (appointed 22 March 2025) Lee James Lancashire

8

Ichthyosis Support Group Financial Statements for the year ended 30 June 2025

Report of the Trustees (continued)

Registered Office

Ichthyosis Support Group Also known as “ISG” 12 Manor Fields Alrewas Burton on Trent DE13 7DA

Company Registration Number : 07609904

Charity Registration Number: 1142457

Office and Postal Address

Ichthyosis Support Group Rubra One Mulberry Business Park Wokingham RG41 2QL

Bankers

CAF Bank Limited HSBC 25 Kings Hill Avenue 16-17 The Broadway Kings Hill Thatcham West Malling Newbury Kent, ME19 4JQ Berkshire, RG19 4HX

Independent Examiner

Solicitors

Karen Hanlan Blandy and Blandy LLP Karen Hanlan Independent Examiner Ltd One Friar Street 1 Saracen Close Reading Ettington Berkshire CV37 7SZ RG1 1DA Approved by the Board and signed on its behalf by:

Lee Lancashire Date: 12/3/2026 Trustee

9

Ichthyosis Support Group Financial Statements for the year ended 30 June 2025

Statement of Trustees’ responsibilities

The Trustees are required to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company and of the surplus or deficit incurred by the charitable company for that year. In preparing those financial statements the Trustees are required to:

The Trustees have overall responsibility for ensuring that the charitable company has an appropriate system of controls, financial and otherwise.

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy, at any time, the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006.

They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities and to provide reasonable assurance that:

10

Ichthyosis Support Group Financial Statements for the year ended 30 June 2025

Independent Examiner’s Report to the Trustees of Ichthyosis Support Group (‘the Company’)

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 June 2025 which are set out on pages 12 to 23.

Responsibilities and basis of report

As the charity trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner’s statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

I have no concerns and have come across no 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.

Karen Hanlan, Date: 12/3/2026 Member of Institute of Chartered Accountants England & Wales Karen Hanlan Independent Examiner Ltd

1 Saracen Close Ettington CV37 7SZ

11

Ichthyosis Support Group Financial Statements for the year ended 30 June 2025

Statement of Financial Activities (including an Income & Expenditure Account)

Income from:
Note
Donations and legacies
1
Charitable Activities
2
Trading Activities
3
Investments
4
Total income
Expenditure on:
Raising funds
5
Charitable activities
6
Total Expenditure
Net (expenditure)/income and
net movement in funds for
year
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Un-
restricted
funds
2025
Restricted
funds
2025
Total
2025
Total
2024
£
£
£
£
41,690
3,628
45,318
57,481
27,187
-
27,187
27,293
21,303
-
21,303
3,767
4,686
-
4,686
3,077
94,866
3,628
98,494
91,618
6,004
-
6,004
5,238
116,267
950
117,217
119,103
122,271
950
123,221
124,341
(27,405)
2,678
(24,727)
(32,723)
416,872
10,748
427,620
460,343
389,467
13,426
402,893
427,620

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

12

Ichthyosis Support Group Financial Statements for the year ended 30 June 2025

Balance sheet

Company registered number 07609904
Notes
Fixed Assets
Tangible assets
9
Current Assets
Debtors
10
Cash at bank and in hand
Current Liabilities
Creditors: amounts falling due within one year
11
Net current assets
Net assets
The funds of the Charity:
Restricted Funds
12
Unrestricted Funds
-
general
-
designated grant fund
-
designated salary fund
-
designated legacy fund
Total charity funds		 2025
2024
£
£
1,099
1,088
1,099
1,088
14,659
3,369
403,103
429,648
417,762
433,017
(15,968)
(6,485)
401,794
426,532
402,893
427,620
13,426
10,748
55,496
64,142
20,000
9,953
25,000
-
288,971
342,777
389,467
416,872
402,893
427,620

The accompanying accounting policies and notes form part of these financial statements.

For the year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Responsibilities of directors/Trustees:

(a) The members have not required the charitable company to obtain an audit of its financial statements for the year in question in accordance with section 476 of the Companies Act 2006 - however, in accordance with section 145 of the Charities Act 2011 the financial statements have been examined by an independent examiner whose report appears on page 11.

(b) The directors/Trustees acknowledge their responsibility for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

Approved by the Trustees and signed on their behalf by: Date:12/3/2026 Lee Lancashire, Trustee

13

Ichthyosis Support Group Financial Statements for the year ended 30 June 2025

Principal accounting policies

Status of the company

The charitable company is limited by guarantee and does not have share capital. The liability of members is limited to £10 per member.

Basis of preparation

The financial statements have been prepared in accordance with 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 (FRS102) (updated 1 January 2019) - (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Companies Act 2006.

Ichthyosis Support Group meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Going concern statement

The financial statements have been prepared on a going concern basis which assumes that the Charitable Company will continue to operate. The validity of this assumption is dependent upon the continuance of support from the Charitable Company's supporters and donors. The Charitable Company's current business plan shows that the Charitable Company will be able to operate in the foreseeable future. Based on this understanding, the directors believe that it remains appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments, which would result from the basis of preparation being inappropriate.

Funds

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations and grants subject to conditions imposed by the provider or by specific terms of the appeal under which the funds were raised. The restrictive conditions are binding upon the Charitable Company.

Income

Income is recognised when the charitable company has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income relating to future periods, as a result of donor imposed conditions specifying the time period, has been treated as deferred income.

Income dependent on certain conditions, amounting to more than mere administrative requirements, is recognised when the conditions have been fulfilled.

14

Ichthyosis Support Group Financial Statements for the year ended 30 June 2025

Principal accounting policies (continued)

Donated services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charitable company of the item is probable and the economic benefit can be measured reliably. In accordance with the Charities SORP FRS102, general volunteer time is not recognised.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charitable company which is the amount the charitable company would have been willing to pay to obtain the services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

Investment income receivable

Bank interest and dividends are shown on the basis of amounts receivable in the year.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charitable company to the expenditure. All expenditure is accounted for on an accruals basis. Expenditure is classified under the following activity headings:

Tangible fixed assets

Depreciation is provided at a rate calculated to write off the cost on a straight line basis over a period of less than the estimated useful life of the assets as follows:

Computer equipment, Office equipment & furniture 4 years Fixed asset purchases above £500 are capitalised.

Cash and cash equivalents

Cash and cash equivalents include cash at bank and in hand and short term deposits repayable within a three month notice period.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Creditors

Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably.

Taxation

As a registered charity with no trading activities, no provision is considered necessary for taxation.

15

Ichthyosis Support Group Financial Statements for the year ended 30 June 2025

Principal accounting policies (continued)

Pension costs

The charity contributes into a Group Personal Pension Plan for employees. This pension plan is defined contribution in nature and as required under FRS102 the annual cost is recognised as incurred and included in the Statement of Financial Activities.

Foreign exchange movements

The charity has a Euro bank account to receive funds raised by members in the Republic of Ireland. The balance is converted to sterling at the year end rate and any exchange movements are taken to the Statement of Financial Activities and treated as ‘Other income/Expense’.

Cash flow

Under Charities SORP FRS102, update bulletin 1, as a small charity there is no requirement to produce a cashflow statement.

Notes to the financial statements

1. Income from donations and legacies

Un-restricted:
Donations
Grants
Gifts in kind
Total un-restricted grants & donations
Restricted grants & donations:
British Association of Dermatologists
Total restricted grants
Total income from donations and legacies		 2025
2024
£
£
11,690
24,981
25,000
25,000
5,000
7,500
41,690
57,481
3,628
-
3,628
-
45,318
57,481

Gifts in kind relates to subsidised office & meetings space provided.

16

Ichthyosis Support Group Financial Statements for the year ended 30 June 2025

Notes to the financial statements (continued)

2. Income from charitable activities

Corporate sponsorship
Other charitable services provided
Total income from charitable activities
3. Income from trading activities
Promotional material
Unity Lottery
Fundraising events
Total income from trading activities
4. Income from investments
Bank interest
5. Analysis of expenditure on raising funds
Staff costs
Other fundraising costs
Total cost of raising funds		 2025
2024
£
£
26,085
26,904
1,102
389
27,187
27,293
2025
2024
£
£
5,374
2,721
1,104
1,046
14,825
-
21,303
3,767
2025
2024
£
£
4,686
3,077
2025
2024
£
£
5,000
5,012
1,004
226
6,004
5,238

17

Ichthyosis Support Group Financial Statements for the year ended 30 June 2025

Notes to the financial statements (continued)

6. Analysis of expenditure on charitable activities

Analysis of expenditure on charitable activities
2025
Staff costs
Family day/Conference/Youth Camp inc. merchandise
Research grant
Training costs
Office overheads & administration
Rent – in kind
Insurance
Website costs
Newsletter production & postage
Telephone, postage & IT costs
Travel & accommodation
CRM
Membership fees
Trustee expenses
Independent examiner fees
Bank charges
Depreciation
Total expenditure on charitable activities
2024
Staff costs
Family day/Conference/Youth Camp
Research grant
Video project
Office overheads & administration
Rent – in kind
Insurance
Website costs
Newsletter production & postage
Telephone, postage & IT costs
Travel & accommodation
CRM
Membership fees
Trustee expenses
Independent examiner fees
Legal/professional fees
Bank charges
Depreciation
Total expenditure on charitable activities		 Un-
restricted
Designated
Restricted
Total
£
£
£
£
34,241
8,806
-
43,047
20,011
-
950
20,961
9,918
9,953
-
19,871
955
-
-
955
4,030
-
-
4,030
5,000
-
-
5,000
583
-
-
583
4,563
-
-
4,563
4,354
-
-
4,354
2,977
-
-
2,977
3,468
-
-
3,468
1,809
-
-
1,809
360
-
-
360
3,393
-
-
3,393
1,100
-
-
1,100
258
-
-
258
488
-
-
488
97,508
18,759
950
117,217
Un-
restricted
Designated
Restricted
Total
£
£
£
£
20,047
-
-
20,047
41,204
-
-
41,204
-
1,000
-
1,000
-
-
5,405
5,405
13,581
-
-
13,581
7,500
-
-
7,500
564
-
-
564
4,145
-
-
4,145
6,203
-
-
6,203
1,447
-
-
1,447
3,979
-
-
3,979
1,086
-
-
1,086
449
-
-
449
8,117
-
-
8,117
1,100
-
-
1,100
1,272
-
-
1,272
269
-
-
269
1,735
-
-
1,735
112,698
1,000
5,405
119,103

18

Ichthyosis Support Group Financial Statements for the year ended 30 June 2025

Notes to the financial statements (continued)

7. Net expenditure for the year
Net expenditure for the year is stated after charging:
Depreciation
Independent examiners fees -
Independent examination
Accountancy services
8. Analysis of staff costs, trustee remuneration and expenses
Salaries
National Insurance
Pension
Total
Staff Numbers
Average number of full-time equivalent excluding Trustees		 2025
2024
£
£
488
1,735
940
940
160
160
2025
2024
£
£
47,011
24,511
-
-
1,036
548
48,047
25,059
Number
Number
1
0.67

No employees had employee benefits in excess of £60,000 (2024: nil).

The charitable company’s trustees were not paid or received any other benefits from employment with the charity in the year. Trustee expenses of £5,104 for travel, subsistence and family day costs were reimbursed to 7 Trustees during the year (2024: £6,988, 9 Trustees).

The key management personnel of the charity comprise the trustees and the part time Operations Manager, Trustees receive no remuneration or other benefits from the charity. The remuneration of key management personnel (including pension contributions) for the year was £24,485 (2024: £25,059).

19

Ichthyosis Support Group Financial Statements for the year ended 30 June 2025

Notes to the financial statements (continued)

9. Tangible fixed assets

9. Tangible fixed assets
Cost
At beginning of year
Additions
At end of year
Depreciation
At beginning of year
Charge for the year
At end of year
Net Book Value
At end of year
10. Debtors
Trade debtors
Prepayments
11. Creditors: amounts falling due within one year
Trade Creditors
Taxation and social security
Accruals
Deferred income		 2025
Fixture,
fittings &
equipment
£
9,133
499		 2024
Fixtures,
fittings &
equipment
£
7,682
1,451
9,632 9,133
8,045
488		 6,310
1,735
8,533 8,045
1,099 1,088
2025
£
6,380
8,279
14,659		 2024
£
-
3,369
3,369
2025
£
1
1,867
1,100
13,000		 2024
£
1,564
1,121
2,300
1,500
15,968 6,485

20

Ichthyosis Support Group Financial Statements for the year ended 30 June 2025

Notes to the financial statements (continued)

12. Funds

2025
Restricted funds
BAD Video project
Boehringer Video project
BAD – Faces of ISG project
Goldsmiths My Story
Scottish Event
Unrestricted funds
Designated grant fund
Designated legacy fund
Designated salary fund
General fund
Total Funds
2024
Restricted funds
BAD Video project
Boehringer Video project
Goldsmiths My Story
Scottish Event
Unrestricted funds
Designated grant fund
Designated legacy fund
General fund
Total Funds		 Balance at
beginning of
year
£
1,528
8,270
-
433
517		 Income
Expenditure

£
£
-
-
-
-
3,628
-
-
(433)
-
(517)		 Transfers
Balance
at end of
year
£
£
-
1,528
-
8,270
-
3,628
-
-
-
-
10,748 3,628
(950)		 -
13,426
9,953
342,777
-
64,142		 -
(9,953)
-
(8,806)
-
-
94,866
(103,512)		 20,000
20,000
(45,000)
288,971
25,000
25,000
-
55,496
416,872 94,866
(122,271)		 -
389,467
427,620 98,494
(123,221)		 -
402,893
Balance at
beginning of
year
£
6,933
8,270
433
517		 Income
Expenditure

£
£
-
(5,405)
-
-
-
-
-
-		 Balance
at end of
year
£
1,528
8,270
433
517
10,748
9,953
342,777
64,142
416,872
427,620
16,153 -
(5,405)
10,953
342,777
90,460		 -
(1,000)
-
-
91,618
(117,936)
444,190 91,618
(118,936)
460,343 91,618
(124,341)

Restricted funds are for the following purposes:

Video Project – funded by BAD & Boehringer Ingleheim to produce a range of videos giving insight into the lives of people/families affected by Ichthyosis, sharing the experiences & challenges they face.

BAD (British Association of Dermatologists) – grant towards a project highlighting the work of ISG

21

Ichthyosis Support Group Financial Statements for the year ended 30 June 2025

Notes to the financial statements (continued)

Goldsmiths My Story – Grant from the Goldsmiths charity to cover the cost of writing and creating the ISG My story booklet.

Designated funds are for the following purposes:

Designated Grant fund – grants for research purposes

Designated salary fund – funds for one years salary costs for the Medical & Communications manager Legacy fund – legacy money set aside whilst review conducted to agree its use

13. Analysis of net assets between funds

2025
Fixed assets
Debtors
Cash at bank and in hand
Creditors
Funds
2024
Fixed assets
Debtors
Cash at bank and in hand
Creditors
Funds		 Un-
restricted
Designated
Restricted
Total
£
£
£
£
1,099
-
-
1,099
14,659
-
-
14,659
55,706
333,971
13,426
403,103
(15,968)
-
-
(15,968)
55,496
333,971
13,426
402,893
Un-
restricted
Designated
Restricted
Total
£
£
£
£
1,088
-
-
1,088
3,369
-
-
3,369
66,170
352,730
10,748
429,648
(6,485)
-
-
(6,485)
64,142
352,730
10,748
427,620

15. Related party transactions

Mandy Aldwin-Easton, the daughter of Margaret Aldwin, was paid £25,563, including pension contributions for employment as Medical and Marketing manager during the year. A fair and open recruitment campaign was carried out for the position and neither Mrs Aldwin-Easton or Mrs M Aldwin were part of the decision making process. Remuneration was set by the other trustees & at a level applicable to the role in the marketplace.

There were no further transactions with related parties during the year.

16. Controlling Interests

The charity is controlled by the Trustees.

22

Ichthyosis Support Group Financial Statements for the year ended 30 June 2025

Notes to the financial statements (continued)

17. Prior year comparative Statement of Financial Activities

Income from:
Donations and legacies
Charitable Activities
Trading Activities
Investments
Total income
Expenditure on:
Raising funds
Charitable activities
Total Expenditure
Net expenditure and net movement
in funds for year
Reconciliation of funds
Total funds brought forward
Total funds carried forward		 Un-
restricted
funds
2024
Restricted
funds
2024
Total
2024
£
£
£
57,481
-
57,481
27,293
-
27,293
3,767
-
3,767
3,077
-
3,077
91,618
-
91,618
5,238
-
5,238
113,698
5,405
119,103
118,936
5,405
124,341
(27,318)
(5,405)
(32,723)
444,190
16,153
460,343
416,872
10,748
427,620

23