REGISTERED COMPANY NUMBER: 08031174 REGISTERED CHARITY NUMBER: 1147658
FUNGAL INFECTION TRUST
REPORT AND ACCOUNTS
30 APRIL 2021
FUNGAL INFECTION TRUST
INDEX
Page
1 Reference and administrative details 2-6 Trustees’ Report 7 Independent examiner’s report 8 Statement of financial activities 9 Balance Sheet 10-14 Notes to the accounts 15 Appendix Scientific publications and presentations
FUNGAL INFECTION TRUST
REFERENCE AND ADMINISTRATIVE DETAILS
Trustees Professor P J Folkman Mr P G Oxnam Mr J C Morgan Dr C Pankhurst Professor J Cooke Professor R Hay Hon Secretary Mr J C Morgan Bankers Royal Bank of Scotland 56 Chestergate Macclesfield Cheshire SK11 6BA Independent Examiner Roslyn Beattie Company Solutions Limited 2 Festival Square Little Germany Bradford BD1 5BD Registered Address P.O. Box 482, Macclesfield Cheshire SK10 9AR Charity Registration: 1147658 Company Registration: 08031174
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FUNGAL INFECTION TRUST
TRUSTEES’ REPORT
The board of Trustees, who are also directors of the Charity for the purposes of the Companies Act 2006, present their report and financial statements of Fungal Infection Trust for the year ended 30 April 2021. The financial statements have been prepared in accordance with the accounting policies as set out on page 10 and comply with the charity’s trust deed, the Companies Act 2006 and the Statement of Recommended Practice – Accounting and Reporting by Charities 2011.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Fungal Infection Trust (“The Charity” or “The Trust” or “FIT”) is a company limited by guarantee and governed by its Memorandum and Articles of Association.
DIRECTORS AND TRUSTEES
The directors of the charitable company are its Trustees for the purpose of charity law and throughout this report are collectively referred to as the Tr ustees .
The Trustees serving during the year were as follows:
Mr P G Oxnam Chairman Mr J C Morgan Secretary Professor J Cooke
Professor P J Folkman
Professor R Hay
Dr C L Pankhurst
New trustees are interviewed and appointed by the existing trustees. Before taking up their positions, new trustees are sent on externally run training courses where appropriate.
Risk Management
The Tustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.
Organisational Structure and Governance
The Trust is managed by the Trustees. The Trust has no paid or voluntary employees. Accounts are prepared by the Secretary on a regular basis and presented to the Trustees at their meetings. The financial status of the Trust is reviewed by a Trustee sub-committee prior to each Trustees’ meeting and its recommendations presented to the meeting. A minimum of three Trustees meetings are held each year.
Responsibilities of Trustees
Law applicable to charities in England & Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the incoming resources and application of the resources of the charity during the year and of its state of affairs at the end of the year. In preparing financial statements giving a true and fair view, the trustees should follow best practice and:
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➢ select suitable accounting policies and then apply them consistently;
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➢ make judgements and estimates that are reasonable and prudent;
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➢ state whether applicable accounting standards and statements of recommended practice have been followed; ➢ prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ascertain its financial position and to ensure that the financial statements comply with the Companies Act 2006 and the Statement of Recommended Practice – Accounting and
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FUNGAL INFECTION TRUST
TRUSTEES’ REPORT
Reporting by Charities 2005 and the Trust Deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
OBJECTIVES AND ACTIVITIES
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To promote research in all aspects of mycology, mycotic diseases, fungal toxicology and microbial disease (of all living things) and to publish the useful results thereof.
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To advance education particularly among physicians and scientists about mycology, mycotic diseases, fungal toxicology and microbial diseases in general.
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To generally support basic research into fungi and fungal disease, train scientists in mycology and related disciplines.
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To provide information to patients suffering from fungal diseases, in particular aspergillosis .
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To raise awareness of fungal pathogens and fungal diseases amongst the general public in the UK and internationally .
Review of Activities
In 2020, the FIT redesigned its website to further support health professional education, public outreach and research. The FIT website (www.fungalinfectiontrust.org) averaged 1000 unique visitors per month in early 2020 (Google analytics), which is a lower number than previously, probably partly reflecting a different mode of data collection.
Online education in fungal microscopy and histology (www.microfungi.net/) The FIT continues to support the world’s first online Microscopy and Histology course (www.microfungi.net). There are now 1849 users from 132 countries. Typically 2 – 10 users login each day. The top countries are: UK (177 users), Mexico, Brazil, US, India, Nigeria, Argentina, Colombia, Spain, and Ghana (30 users). 1520 users work in English, 186 in Spanish, 82 in French, 55 in Portuguese and 4 in China.
Usage over the last year is shown here.
The Aspergillus Website (www.aspergillus.org.uk)
The Aspergillus Website @ www.aspergillus.org.uk
The Aspergillus Website (1998 - ) remains the world’s most comprehensive resource for the pathogenic and allergenic fungi Aspergillus and the diseases that they cause. It is completely free to all users. It is supported by the UK National Health Service and unrestricted educational grants from various corporate donors, notably Mayne Pharma, Pfizer, Dynamiker, Gilead and Zambon.
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FUNGAL INFECTION TRUST
TRUSTEES’ REPORT
The Aspergillus Website provides free easy access to >74,000 pages, over 14,000 scientific articles (including a unique collection of 831 historical articles) and over 16,500 conference abstracts from 1974 onwards. Users access the website using their mobile phone in 56% of cases and 42% use their desktop.
The comprehensive list of drugs and drug interactions with antifungals is continually updated. The drug interaction database (including the antifungal drug interaction app for apple and android phones) is popular and well used.
The Aspergillus Website received over 750,000 users in the 12 months to the end of March 2021, viewing on average 2.4 pages each. Externally there are over 23,000 active links to www.aspergillus.org.uk and www.aspergillosis.org. The Website was re-configured into Wordpress 9 from Drupal) in 2020 and this saw a temporary fall in usage.
Mapping of www.aspergillus.org.uk (see figure below for 1 April 2020- 30 March 2021, darker shading = more users) shows that the website reaches people in over 170 countries. USA is the country with the most visitors (24.6%) with UK (13.9%) and China (8.7%) in the next 2 places. India (8.2%), Australia (2.7%), Canada (2.2%), Netherlands (2.2%), Russia (1.9%), Japan (1.8%) and South Korea (1.7%) are all substantial users. .
Website for patients and carers ( www.aspergillosis.org )
The Patients Website was transferred to the National Aspergillosis Centre in Manchester, UK and is run independently. This successful transfer has allowed a greater focus on patient needs than was possible previously and relieved the FIT of the burden of supervising and supporting it.
Leading International Fungal Education (LIFE) (www.LIFE-Worldwide.org) The LIFE worldwide website received on average ~45,000 unique page views each month. These figures do not include the popular videos on YouTube, which include the following selection from >60 videos online:
Fluconazole >65,000 views
Itraconazole: >25,000 views Voriconazole: >17,000 views Amphotericin B: > 7,000 views Antifungals and pregnancy/breastfeeding: >5,800 views Flucytosine: >800 views
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FUNGAL INFECTION TRUST
TRUSTEES’ REPORT
Invasive candidiasis: >2,000 views
Oesophageal candidiasis: >2,800 views
Intra-abdominal candidiasis: >3,800 views
Radiology of chronic pulmonary aspergillosis: >500 views
Radiology of ABPA: >750 views
Galactomannan testing interpretation: >1,400 views
Surgical treatment of chronic pulmonary aspergillosis: >700 views
ABPA management: >2,400 views
Antifungal management of cryptococcal meningitis: >5000 views
Immune reconstitution syndrome of cryptococcal meningitis in AIDS: >1,800 views
On the main website, English searches accounted for 56% of usage, Spanish for 30%, and the remainder not specified.
The US accounts for 24% of all users followed by Mexico (12.4%), India (9.9%), the UK (4.9%), Colombia (4.4%), Spain (3.5%), Argentina (2.3%), Peru (2.3%), Chile (2.2% and Philippines (2.1%). The majority of users (54%) use a mobile device to access LIFE worldwide.
A component of the LIFE effort was to boost public awareness of fungal infections generally. This has involved estimating the burden of serious fungal disease in over 100 countries, to highlight the seriousness of a range of primary and secondary fungal diseases. Additions since last year’s report are underlined.
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Published in journals (x72): Algeria, Argentina, Austria, Bangladesh, Belgium, Brazil, Burkina Faso, Cameroon, Canada, Chile, China, Colombia, Congo (Republic of), Cote d’Ivoire, Czech Republic, Denmark, Dominican Republic, Ecuador, Egypt, Ethiopia, France, Germany, Ghana, Greece, Guatemala, Hungary, India, Iran, Ireland, Israel, Italy, Jamaica, Jordan, Kazakhstan, Kenya, Kuwait, Kyrgyzstan, Malawi, Malaysia, Mexico, Mozambique, Namibia, Nepal, Netherlands, Nigeria, Norway, Oman, Pakistan, Peru, Philippines, Portugal, Qatar, Romania, Russia, Senegal, Serbia, South Africa, Spain, Sri Lanka, Sweden, Taiwan, Tajikistan, Tanzania, Thailand, Trinidad and Tobago, Turkey, Uganda, UK, Ukraine, Uruguay, Uzbekistan and Vietnam. Published burden papers are available at https://www.gaffi.org/media/academic-papers/.
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Presented in abstract/poster form at conferences but not yet published (x20): Azerbaijan, Australia, Belarus, Benin, Iraq, Indonesia, Japan, Madagascar, Mongolia, Morocco, New Zealand, Paraguay, Saudi Arabia, Singapore, Togo, Venezuela, Zambia (copies are available on the LIFE website in the news section http://www.life-worldwide.org/media-centre/news).
The FIT also supported a number of interesting and significant findings. There were 11 peer-reviewed publications in calendar year 2020 as a direct consequence of FIT grants and collaborations. Burden of fungal disease estimates (as above) and infrastructure support in prior years are shown in Appendix 1. The notable outputs include:
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A new mechanism of azole resistance in Aspergillus (negative cofactor 2), published in the prestigious journal Nature Communications,
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Country burden of disease estimates for 5 countries including China,
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A review of the Russian space programme developed antiseptic miramistin, in clinical use in Soviet Bloc countries,
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Risk factors for relapse in chronic pulmonary aspergillosis.
During the year support was given to research projects at the University of Manchester, the Gulu University Medical School, Uganda, the University of Buea, Yaoundé, Cameroon and to St George’s University Hospitals Trust, London. Travel and Living Allowance Grants for attendance and presentation at scientific conferences totalling Nil (2020 £2,517) were made during the year as part of the Trust’s policy to support scientists in the early stages of their careers in mycology. No grant requests were received in the year because of the restrictions placed on global travel by the COVID-19 pandemic.
Who benefited from the Trust’s Activities?
Research workers in mycology, respiratory medicine and infectious diseases from all over the world Medical doctors, especially through the Drug Interactions database
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FUNGAL INFECTION TRUST
TRUSTEES’ REPORT
Patients and their carers.
Students of medicine, pharmacy, biology and microbiology The public – school children, their teachers and parents.
How do the Trust’s Activities Benefit the Public?
Awareness of fungal disease remains low among the general public. The FIT website enables the public to access reliable information quickly on this topic, augmented by the more specialised web resources at LIFE-Worldwide and the Aspergillus Website. The rebranded FIT website also re-posts press and general stories and explanatory articles for easy access for all.
Future plans
The LIFE-Worldwide website and resource has been rebranded and will be relaunched in Q3 2021. The educational videos section of this website is gradually being expanded with additional material. Social media efforts are also being expanded. The Aspergillus Website continues to provide a valuable resource internationally. The FIT will respond to grant requests as it has done previously.
FINANCIAL REVIEW,
The results for the period are set out on page 8. There was a surplus of Income over Expenditure for the year of £-36,150, (2020 - £76,951). Corporate Governance expenditure represented 14.50% of total income (2020 2.20%). During the period the Fungal Infection Trust Website was re-designed at a cost of £15,383. As a result of the restrictions placed upon us because of the COVID-19 Pandemic all Trustees meetings were held using Zoom as a consequence no Trustees Expenses or Meeting Costs were incurred.
During the year a donation was received in memory of the late Mrs Stella Huskisson, who had suffered from ABPA. This money has been used to create a Designated Fund to support research in the United Kingdom into Aspergillosis (see Note 10).
Investment Policy
The trustees do not consider that they have sufficient free reserves to invest surplus funds for any medium to long term. Consequently, funds are maintained in a bank deposit account
Reserves Policy
The charity have established a policy to maintain unrestricted funds not committed or invested in fixed assets i.e. ‘free reserves’ at a level of between one and two years of unrestricted expenditure. This provides sufficient levels of funds to be able to continue the current activities of the charity and to provide sufficient time to consider and replace existing funding sources should there be a significant change in present funding arrangements. The reserves policy is reviewed annually .
Secretariat
The Trustees wish to express their appreciation of the work undertaken by Mr J Morgan in running the secretariat and administrative functions of the Trust during the past year.
Independent Examiner
In accordance with the Trust Deed, a proposal to re-appoint Company Solutions Limited for the forthcoming year will be put to the general meeting.
On behalf of the Trustees
Phillip Oxnam
22 September 2021
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FUNGAL INFECTION TRUST
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE FUNGAL INFECTION TRUST
I report to the trustees on my examination of the financial statements of Fungal Infection Trust (the charity) for the year ended 30 April 2021.
Responsibilities and basis of report
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charity 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 the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act).
In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner’s statement
Since the charity’s gross income for the year to 30 April 2020 exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2001 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connect with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
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2 the financial statements do not accord with those records: or
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3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of the independent examination; or
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4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102).
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 financial statements to be reached.
Roslyn Beattie FCA Company Solutions Limited
Date 27 October 2021
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FUNGAL INFECTION TRUST
STATEMENT OF FINANCIAL ACTIVITIES PERIOD ENDED 30 APRIL 2021
| General | Total | Total funds | |||
|---|---|---|---|---|---|
| Unrestrict | Designated | funds | Year to | ||
| ed | funds | Year to | 30 April | ||
| funds | 30 April | 2020 | |||
| Note | 2021 | 2021 | 2021 | £ | |
| £ | £ | £ | |||
| INCOMING RESOURCES | |||||
| Incoming resources from generated funds | |||||
| Voluntary income_:_ | |||||
| Donations and grants | 2 | 17,535 | - | 17,535 | 36,434 |
| Activities for generating funds_:_ | |||||
| Investment income | 3 | 48 | - | 48 | 296 |
| Incoming resources from charitable | |||||
| activities | |||||
| Donations and grants | 4 | - | 119,503 | 119,503 | 235,738 |
| TOTAL INCOMING RESOURCES | 17,583 | 119,503 | 137,086 | 272,468 | |
| RESOURCES EXPENDED | |||||
| Costs of charitable activities | |||||
| Charitable activities | 5 | 81,656 | 71,703 | 153,359 | 189,513 |
| Governance costs | 5 | 19,877 | - | 19,877 | 6,004 |
| TOTAL RESOURCES EXPENDED | 101,533 | 71,703 | 173,236 | 195,517 | |
| NET MOVEMENT IN FUNDS | -83,950 | 47,800 | -36,150 | 76,951 | |
| Transfers between funds | 109,721 | -109,721 |
- | - | |
| Total Funds brought forward | 79,446 | 178,136 | 257,582 | 180,631 | |
| TOTAL FUNDS CARRIED FORWARD | 105,217 | 116,215 | 221,432 | 257,582 |
The statement of financial activities includes all gains and losses recognised in the period.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements of an income and expenditure account under the Companies Act 2006.
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FUNGAL INFECTION TRUST
BALANCE SHEET AS AT 30 APRIL 2021
| Note CURRENT ASSETS Debtors 8 Cash at bank CREDITORS Amounts falling due within one year 9 NET CURRENT ASSETS NET ASSETS ACCUMULATED FUNDS Restricted funds Designated funds 10 General unrestricted funds 11 |
£ 26,162 229,181 255,343 33,911 |
2021 £ £ 152,721 132,695 285,416 27,834 221,432 221,432 116,215 105,217 221,432 |
2020 £ 257,582 |
|
|---|---|---|---|---|
| 257,582 | ||||
| 178,136 79,446 257,582 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2021.
The Trustees have not required the charitable company to obtain an audit of its financial statements for the period ended 30 April 2021 in accordance with Section 476 of the Companies Act 2006.
The Trustees acknowledge their responsibilities for:
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a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).
The financial statements were approved by the Board of Trustees on 22[nd] September 2021 and were signed on its behalf by:
Mr J C Morgan Mr P Oxnam
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FUNGAL INFECTION TRUST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2021
CHARITY INFORMATION
Fungal Infection Trust is a private company limited by guarantee incorporated in England and Wales. The registered office is P.O.B 482, Macclesfield, Cheshire, SK10 9AR
1. ACCOUNTING POLICIES
The principal accounting policies adopted, judgements and key sources of estimation of uncertainty in the preparation of the financial statements are as follows:
- a) 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 (FRS 102) (effective 1 January 2015) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
FIT 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).
b) Going Concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
c) Fund Structure
The charity maintains the following types of funds:
Designated funds represent grants, donations and legacies received which are allocated by the donor for specific purposes.
General unrestricted fund represents unrestricted income which is expendable at the discretion of the trustees in the furtherance of the objects of the charity. Such a fund may be held in order to finance both working capital and capital investment.
There are no restricted funds in the Charity.
d) Incoming Resources
All incoming resources are recognised once the charity has entitlement to the resources, it is certain that all the resources will be received and the monetary value of incoming resources can be measured with sufficient reliability.
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FUNGAL INFECTION TRUST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2021
e) Resources Expended
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates:
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Costs of generating funds comprise the costs associated with attracting voluntary income.
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Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. This expenditure includes all expenditure directly related to the objects of the charity.
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Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the independent examiner’s fees and costs linked to the strategic management of the charity.
f) Taxation
The charity is exempt from corporation tax on its charitable activities.
2. DONATIONS AND GRANTS
| ONATIONS AND GRANTS | ||||
|---|---|---|---|---|
| Total | Total | |||
| General | funds | funds | ||
| Unrestricted | Designated | Year to | Year to | |
| Funds | Funds | 30 April | 30 April | |
| 2021 | 2021 | 2021 | 2020 | |
| £ | £ | £ | £ | |
| General donations | 17,535 | - | 17,535 = |
36,434 |
General donations include sundry amounts donated to the charity by members of the public. No gifts in kind have been received in either the current or previous year.
3. ACTIVITIES FOR GENERATING FUNDS
INVESTMENT INCOME
| TMENT INCOME | ||||
|---|---|---|---|---|
| General | Total | Total | ||
| Unrestricted | Designated | funds | funds | |
| Funds | Funds | Year to | Year to | |
| 2021 | 2021 | 30 April | 30 April | |
| 2021 | 2020 | |||
| £ | £ | £ | £ | |
| Bank interest | 48 | - | 48 | 296 |
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FUNGAL INFECTION TRUST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2021
4 . INCOMING RESOURCES FROM CHARITABLE ACTIVITIES
DONATIONS AND GRANTS
| DONATIONS AND GRANTS | DONATIONS AND GRANTS | DONATIONS AND GRANTS | DONATIONS AND GRANTS | DONATIONS AND GRANTS | ||
|---|---|---|---|---|---|---|
| General Unrestricted Funds 2021 £ Designated Funds 2021 £ |
Total funds Year to 30 April 2021 £ |
Total funds Year to 30 April 2020 £ |
||||
| Gilead | - | 23,700 | 23,700 | 90,064 | ||
| Pfizer | - | 34,625 | 34,625 | 145,674 | ||
| Zambon Mayne Pharma Huskisson Sundry |
- - - |
17,009 11,042 31,250 1,877 |
17,009 11,042 31,250 1,877 |
- - - - |
||
| - | 119,503 | 119,503 | ||||
| 235,738 | ||||||
5. COSTS OF CHARITABLE ACTIVITIES
| General | Total | Total | |||
|---|---|---|---|---|---|
| Unrestricted | Designated | funds | funds | ||
| funds | funds | Year to | Year to | ||
| Note | 30 April | 30 April | |||
| 2021 | 2021 | 2021 | 2020 | ||
| £ | £ | £ | £ | ||
| Donations and grants | 81,656 | 36,729 |
118,385 | 134,437 |
|
| Project costs | 6 | - | 34,974 | 34,974 | 52,559 |
| Travel grants | - | - | - | 2,517 | |
| Governance costs | 7 | 19,877 | - | 19,877 | 6,004 |
| 101,533 | 71,703 | 173,236 | 195,517 |
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FUNGAL INFECTION TRUST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2021
6. COSTS OF CHARITABLE ACTIVITIES
PROJECT COSTS
| University of Manchester Research Team Other activity costs 7. GOVERNANCE COSTS |
General Unrestricted funds 2021 £ Designated funds 2021 £ Total funds Year to 30 April 2021 £ - 10,000 10,000 - 24,974 24,974 __ - 34,974 34,974 |
Total funds Year to 30 April 2020 £ 42,446 10,113 |
|
|---|---|---|---|
| 52,559 | |||
| Insurance Legal and professional Travel and meeting costs Printing/postage/stationery Accountancy fees Bank charges Promotion Costs FIT Website Costs 8. DEBTORS |
General Unrestricted funds 2021 £ 810 13 0 681 1,150 138 953 16,132 19,877 |
Designated funds 2021 £ - - - - - - - - - |
Total funds Year to 30 April 2021 £ 810 13 0 681 1,150 138 953 16,132 19,877 |
Total funds Year to 30 April 2021 £ 810 13 0 681 1,150 138 953 16,132 19,877 |
Total funds Year to 30 April 2020 £ 810 13 2,357 563 1,150 133 978 178 |
Total funds Year to 30 April 2020 £ 810 13 2,357 563 1,150 133 978 178 |
|---|---|---|---|---|---|---|
| 6,004 | ||||||
| 2021 |
2020 | |||||
| £ |
£ | |||||
| Invoiced | 26,162 |
152,721 | ||||
| 9. CREDITORS: Amounts falling due within one-year Accruals |
2021 £ 33,911 |
2020 £ 27,834 |
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FUNGAL INFECTION TRUST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2021
10. MOVEMENT IN DESIGNATED FUNDS
| 10. MOVEMENT IN DESIGNATED FUNDS |
|
|---|---|
| 1 May 2020 £ Income £ Expenditure, Gains, losses & Transfers £ Aspergillus Website 66,312 62,120 43,467 Stella Huskisson Memorial Fund Chinese and SE Asia Education Pfizer Covid-19 Project Recording of AAAM Conference for Chinese Audience 0 41,070 0 70,754 31,250 0 34,626 3,106 0 41,070 34,626 73,860 178,136 131,102 193,023 11. RECONCILIATION OF MOVEMENTS IN GENERAL FUNDS 2021 2020 £ £ Surplus of income over expenditure for the year 25,771 49,662 Funds at the beginning of the year 79,446 29,784 Funds to carry forward 105,217 79,446 ====== ====== 12. ANALYSIS OF ASSETS AND LIABILITIES BETWEEN FUNDS General Unrestricted funds £ Designated funds £ Current assets Cash at bank and in hand Debtors 128,543 585 100,638 25,577 Current liabilities -23,911 -10,000 105,217 116,215 |
30 April 2021 £ 84,965 31,250 0 0 0 116,215 Total funds 2021 £ 229,181 26,162 -33,911 221,432 |
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FUNGAL INFECTION TRUST
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2021
Publications supported by the Fungal Infection Trust in 2020
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Furukawa T, van Rhijn N, Fraczek M, Gsaller F, Davies E, Carr P, Gago S, FortuneGrant R, Rahman S, Gilsenan JM, Houlder E, Kowalski CH, Raj S, Paul S, Cook P, Parker JE, Kelly S, Cramer RA, Latgé JP, Moye-Rowley S, Bignell E, Bowyer P, Bromley MJ. The negative cofactor 2 complex is a key regulator of drug resistance in Aspergillus fumigatus. Nat Commun . 2020 Jan 22;11(1):427. doi: 10.1038/s41467-019-14191-1.
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Bongomin F, Out A, Harris C. Foden P. Kosmidis C, Denning DW. Risk factors for relapse of chronic pulmonary aspergillosis after discontinuation of antifungal therapy. Clin Infect Pract 2020;5:100015.
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Amona FM, Denning DW, Moukassa D, Hennequin C. Current burden of serious fungal infections in Republic of Congo. Mycoses 2020;63:543-552.
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Bongomin F, Garcez T, Denning DW. Impact of high baseline Aspergillus -specific IgG levels on weight and quality of life outcomes of patients with chronic pulmonary aspergillosis. Med Mycol 2020;58:1000-1004.
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Buil JB, Meijer EFJ, Denning DW, Verweij PW, Meis JF. Burden of serious fungal infections in the Netherlands. Mycoses 2020;63:543-552.
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Osmanov A, Farooq Z, Richardson MD, Denning DW. The antiseptic miramistin: a review of its comparative in vitro and clinical activity. FEMS Microbiol Rec 2020;44:399-417.
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Seidel C, Moreno-Velásquez SD, Ben-Ghazzi N, Gago S, Read ND, Bowyer P. Phagolysosomal Survival Enables Non-lytic Hyphal Escape and Ramification Through Lung Epithelium During Aspergillus fumigatus Infection. Front Microbiol . 2020;11:1955. doi: 10.3389/fmicb.2020.01955.
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Beswick E, Amich J, Gago S. Factoring in the Complexity of the Cystic Fibrosis Lung to Understand Aspergillus fumigatus and Pseudomonas aeruginosa Interactions. Pathogens . 2020;9(8):639. doi: 10.3390/pathogens9080639.
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Zhou LH, Li RY, Denning DW, Zhu LP. Risk-based Estimate of Human Fungal Disease Burden, China: Old Pathogen, New Host, and New Patterns. Emerg Infect Dis 2020;26:2137-2147.
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Alfouzan W, Al-Wathiqi F, Altawalah H, Asadzadeh M, Khan Z, Denning DW. Human Fungal Infections in Kuwait-Burden and Diagnostic Gaps. J Fungi (Basel) . 2020;6(4):E306.
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Al-Hatmi AMS, Al-Shuhoumi MA, Denning DW. Estimated Burden of Fungal Infections in Oman. J Fungi 2020;7:5.
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