REGISTERED COMPANY NUMBER: 0774032T (England and Walo•1
REGISTERED CHARITY NUMBER: 1149486 (England and W*lg11
SCOS1814 (Scotland)
PANDAS FOUNDATION
PAN
LIMITED B
TEES. REPORT AND
ANCIAL
TATEMENT
NDE
1DEC
BER

**PANDAS FOUNDATION** 

|**CONTENTS OF THE FINANCIAL STATEMENTS**|**CONTENTS OF THE FINANCIAL STATEMENTS**||
|---|---|---|
|**FOR THE YEAR ENDED 31 DECEMBER 2022**|||
|||**Page**|
|**Reference and Administrative Detils**|||
|**Chajr's Repor**|**2**|<br>**to3 **|
|**Trustees' Re�or**|**4**|<br>**to6 **|
|**Independent Examiner's Repor**||**7**|
|**Statement of Financial Activities**||**8**|
|**Statement of Financial Position**||**9**|
|**Notes to the Financial Statements**|**110**|<br>**to15**|





PANDAS FOUNDATION
EFERENCE ANO ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 DECEMBER 2022
TRUSTEES
H 8vwley
Mrs L Holden
Mrs S D Phillips (appointed t3.4.221
Ms A Stuart-MS118
Mrs E Tate
Mrs P Thakar Ir•8ign•d 31.12.221
Ms A L Wgrden
COMPANY SECRETARY
Mts A L Ward8n
REGISTERED OFFICE
clo The Fort Offic•1
Arts'llery Bu$ine$$ Park
O$w￿lry
SY114AD
REGISTERED COP•lPANY
NUMBER
07740327 IEngl•nd and Wale81
REGISTERED CHARITY NUMBER 1149485 IEnglJnd and W•lg•1
SC051814 {Scollandl
INDepENDENT EXAMINER
TCA IShr•w8btsryl LLP
Thlrd Floor
21 Sl Mary'• Slro•t
Shrewsbury
Shrop8hire
SY1 1ED
Page 1

PANDAS FOUNDATION
CHAIR'S REPORT
OR THE YEAR ENDED 3
DEC
are delyhted as Tru$t•e$ of PANDAS lo provide an update on tha progress made by PANDAS
Foundation over the last 12 months.
We would like to thank the outgoing and Incoming Board ol Trusteey for their support and commth￿nl, th8 10am
have provided solid leadershlp, knowledge, and accountsbility over the layl penod of account. And we look
fDrward lo building on these $lron9 found8tion8 for the year lo ojme. Trustee Board methng$ are held quarterly
by confèrèncè ¢¥ll however. Trustees aro kept abreast of developments for each department and the foundation
by the managernent team on 8 regular and con818tent basis.
We ao extremely woud of the progrèss made by PANDAS since its CT8ation In 2010 suppo￿.ng more than
40,000 p8renl3 to dale. Since our last rewt we have continued lo widen our services, ernbedding our 5ervic&8
into the community and serviced the spectrum of issues of 9UPPOrt wa offer around parental ffjenlal health. In
2022 we hil a record numbar of supplxt, offerlng support lo 10,000 peO￿e in r8lab.on to their mental hgallh, due
lo drferent factors lriggoffjd by the pandemic, that continue lo impact parènt$ from COn￿Ption through lo birth
and beyond. Our reach. and demD9raphlc of audience has hugely expanded, and we hove Seen significant
incrga80 in th• ri8e and demand of our 8UPPOrt Sorv￿$.
Our Hgad of Charity conllnuoB lo lead the monagemenl team workitYJ loytlhtr, lirelès8ly with an outcorn8 to
reach every pafent who needs us as per our mi88ion stalernent. PANDAS Foundation has continuetj to progre88
its excellent repulallon and responsibility of 118 offering, for parent8 and Ihoir nofv40rk8. Our offering fcf Dad's ha$
r￿reaSed in 11$ ¢Jemand ￿$￿Iling in ftjrther recruilmenl for our dad's closed gfOUP. As the lock down restriction•
etart to 088e PANDAS have boon abl• 10 80ft re open Jt8 group 8UPPOrt. whlch 18 a welcome relief to those
familie8 within Ihe communities we #erve as a face-tQ-faoe offerlno of 8UPPOrt.
We rem8in the leadlng '90 - to, charlty for eX￿rt opinion and 4¢Jvlce from media outlo18, Inrjuding Broadc881,
radio and print, and regularly oonlrlbule to research sludleB, collaborate with other organi8ation8 and chariti•8 to
ensure we ar? malnlaining our reach and learning best prath'ce from olh¥f provider$. Dutr lo demand fer our
oervSce8, we have doubled our rgcruilm•nl capaaly within our helpline and email tearn, lo ensu￿ we have no
9ap$ or people wailing for Bupport which has rgsulled In recfuiling and retainlng a high level of calibre ol
volunteer who have fanta8tsc lived. work and acadefflic 8xperienc8 to meet the needs of gvery parent, carer or
n*￿￿rk w• 8UPPC*rt.
We Continue to offer the best possibl8 training and development lor our management 18am and volunteers
ensudng th¢y are lully equipped and confident in their peer Support, whi181 supervised under our rigorous
egfeguardlng repealed and updated training 8ach year. We al80 Biffj lo develop our exi8ting strategy of reaching
every community with full inclu5￿￿ of race, di8ability and gen¢Jer ensuring we are working with other
organisakn'on8 whts can support our signpo8ling and e¢lucalion of these groups.
have creatively d8v8Iop8d muth'ple In￿Me 8tr&4m8 over the past year, despite the pandemic and c081 of
INing, which is le¥limony lo the support we ar¢ off8ring on a nationwide scale. We have strategically focused on
wkjer fundraising stréams such as our new 'Dropping the struggl8 cour￿, which i¥ a paid PANDAS product
available lo people who wqnt to learn more about perinatal menial health and leam coping mechanisms Thi8
has been hugely wpular, and we have ensured that we have been ablo lo r818e enough incume lo offer I
option ot funding some limi18d places for parents vtho are on low incornes.
We have 41$0 gained our firsl major corporate partner. inlemational healthcare brand'Huggi88' who hav• agreed
significant Sponsorship lo fund a new service that we plan to launth next year, to ensure we are providing
support in every possible communulion channel. Our fundraising and donors, and succas8 of our gf8nl
applicatK)n$ has ensuffjd that we have remained sustainad, m8int8ined 8nd developed our Services.
We have pai¢J attenth'on lo our making and updating lo ensure we are responsible and string8nt on every
policy that may affect our external user and our intern81 gmployee or volunteer. This Induded our new wellbeing
policy for our biggest asset, our volunteers lo gnsure that our volunteers are invested in. looked after and
supported.
Page 2

PANDAS FOUNDATION
CHAIR'S REPORT
EAR ENDED 31 DECEMBE
Our Strategic focus for the 2023 pariod ￿11 be to cffits'nue to expand our financial incom8, whilst still operating on
a modest inc(yn8. mainlalning plans lo devebp our gfant stratagy. to Ènsu￿ th81 we don't just cover the costs of
core co8ts, but w8 able to develop and amplify our ¢1￿"be9 offering to the people we support avj develop tha
ts￿￿t we ha￿ on board.
plan to inv881 into our training and re8ourco8 for all our team8 arKI thelr 8upport services and look At area8
for s￿nIfIcant, supporb've devolopmenl and expansion. Wg also ￿an on devgloplng our employment 88818lance
programme to educate, up8kill and widen thè knowlèdge of ￿rIn0￿1 Thntal health and impacts this may hav
within the wthplace, alon98ide 8 Workshop for employers to be able to support their employee8 who may be
impacted by perinatal mental illna88.
Wa look forward lo working more closely with our PANDAS team8 and other organisations in the comlng y•ar8
to ensure PANDAS goe8 from strength to strength enabllng us lo Support more lamiliès.
Page 3

PANDAS FOUNDATION
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2022
The Trustees present their report and th8 ungudited financial stslements of the charty for the year ended 31
D8c8mb8r 2022. The trijstees have adoptsd the provisions of the Slalemenl of Recomm8nd8d Practice ISORPI
"Accounting and Reporting by Charitie$ {FRS 1021 In pwparing the 8nnu81 ￿port and fin8nty$l state￿ntS of
the charrty.
The financial statements have been prepared in aeeordaneè with th• actsjunling poli)e8 sel out In notes lo the
a￿ount$ and comply with the charty's goveming document, the Charities Act 2011 and Accounts'ng and
Reporting by Charits'e8'. Statement of Recornmond8d Pra¢ts'ca applicable to th8ribes preparing Ihelr accounts In
accordance wth the Finanoal Reporting Standard applicable in the UK and Republic ol Irebnd publishe(l ¢)n 16
July 2014 las amended by Update Bulletin 1 published on 2 February 20161.
Trustoes ol th• ch•rlty
The director8 of the charitable company are Its tru8leè8 lor thè purpo888 of charfty law. The trustoe8 who have
seNed dunno the year and 8inGe tho year end ar• sel out on pag• 1
OBJECTIVES AND ACTIVITies
OblKtlv•• and *lm•
Ag 8laled in the Article8 of As8ocialion, the oblective• for whkh PANDAS 18 estatAighed for the public benefit
aro,.
To promote and protect the good health of people aff•¢t•d by pre and p08tn81¥l Illne•8eJ, In partlcular bul not
oxdusiv•ly by..
o Providing Support. a8918lancè and informatlon dlreclly or Indiredly to people thct¢d by ￿ 8nd postnatal
illne88e6'.
o Furthering and building pr• and po8tnatal Illne88 awarene88, education and research..
o Promoting effectiv8 care, invofvemenl and 8UPPOrt for people affected by pre and postnatal illne8588.
PANOAS Foundglion has 5 aim8, all provldlng a variety of Support mechanism8 for larni11•8 vAth pra and
poBlnalal illne8Be8.
11 Offerfng five a￿¥81b1¢ $upport channels which Indivlduale. famllle8 and c8rer8 can l￿e, ￿th the aim ol
rgcaiving a reply within 72 hours for everyone who may be affected by p8rinatBI m8nlal h8ath
21 Provldlng a website that provldeB infornialion on depre$sive Illn88$88 and how lo help
31 Co4rdinating Support Group8 for indwiduals. familleg and cqrer8 lo allend to help with their r8covery',
4) Offering an online communrty for IndividuAI8, famllie8 8nd carer8 to receive 8UPPOrt from others at any limo.
51 Offering trained and education Int¢rn¥lty ¥nd extemally to people and their families, student5. professionals
and organisalions lo upskill them on their kno5￿9d96 around PMH and lo inlorm their workplaco 8tralegie8 going
forward wth PANDAS ¥p¢aking evenl$ 4nd HR toolkit.
Publlc b•n•fft
All of the abov8 activities have b¥¥n undertaken wlth reference to the Charity Commission guidance on publi
4nefll.
STRATEGIC REPORT
Achievement and ￿r10Mlane8
See the Chair's Report pages 2 - 3
Page 4

PANOAS FOUNDATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2022
STRATEGIC REPORT
Financial revi•w
Fln•nclal pojltlon
The charity had income of £247.490 ctynpared lo £165,897 In the prior year, resutting from a greater level of
Grant Income received in the year. Expenditur& increased from £162,912 in the prlor year lo £221,636. following
the re¢ruilmenl of new staff and the introduction of the text 8UPPOrt service.
R•g•N8• poIIcy
The charitable company has no restrict•d fvnds and £150,275 of unre81ricted funds of whith £93.200 have been
designated for future projects. Al the year end the free r820Nes ol thè charity were Iherelore £57.07512021..
£88,421) rapresenting unfe8tricled lund$ le89 d￿ljnIted funds. Six rnonlhs of runnlng co8t8 have b8fjn
deBignated in the event of a decline in income.
The truBlee¥ are aware of the naed to 8n8ure gn 8ppropri¥lo level of reg8Th0 1$ held to 8UPPOrt the charity into
tha futur¥.
Golng concom
After making appropriate enquiri&s t￿ Trutle•$ havo a ￿450ndble expectation that the charitable company ha$
odequale re8our¢eg lo continue in operational existence for the foresegabFg future, For this re880n they ccfjlinue
to adopt the going concarn ba818 in Pre￿￿n9 the fin*ncSal $t*lèment8.
Prln¢lp•l rl$k• and uncort•lntl••
The Iru81eeB assess the mglor risk6 to vthich the charitabl& company 18 exposed on an ongoing basis, In
particular tho8& related lo the eperalion8 and finances of the charitsble company. They are 8ali8fiod that
Jy8tems are In lo mrtigale. wh?rev•r possible, thdr exposure to thoje ri8k8.
Futurg plan#
The board plan lo continue to work doydy with our PANDAS team8 and othar organi591ion$ In the coming y•arn
to en8ure PANOAS go88 from 8lrength to glrength •nablSng u8 to 8LlPPOrt more familiej.
STRUCTURE, QOVERNANCE AND MANAGEMENT
Gov•rnlng document
PANDAS Foundation is a d)aritable company Iirniled by guarantee incofporotod on 15th Augugl 2011,Th•
Company was established under a Memorandum of As80ciation which established the objectives and powers of
the chgrit8bl• Company and is govemed under 119 Artidea of Association. The liabilily of members 18 limited and
in the event of the charitable company bging wound up members may be required to contributè an amount not
gxcee<ling ten pounds. The Director5 of the tharitable company are its Tru•toe$ for the purpose of chartty law
and throughout this report ara Collecti￿lY refvrred lo a8 the Tru8lees.
Rocrultm•nt and appalntm•nt of n•w tru•tsos
The management of the chantable company 1$ th* ro$ponsibility of the tru8tee8 who are elected and co-OPt8d
under the lem8 of the ArtScle8 of A88ocialion. In accordance wth the Ath'des of Association at the Annual
General Meeting lo b& held every yèar onè third of th• 808rd, or if their number 18 not three or a multiple of
thre8. thè number nearest lo one-third, shall retire from office. M8rnb8rs may offer theM￿1ve5 for re-election.
The members of the Board to reti￿ shall be Ih08e who have been longest in office ￿nce their la$¢ ele¢ts'on or
appoinlmenl.
Organlbatlon•l 8tructurn
The organisatK)n 19 governèd by rt5 Memorandurn and Articles of Association. Thg Tru8t88s making up the
Board are drawn from the community $&rved by th¢ oryani?alion, The Trustees have no pecuniary interest in the
company and gfve their services voluntsriw.
Page 5

## **PANDAS FOUNDATION** 

## **TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2022** 

## **TRUSTEES' RESPONSIBILITY STATEMENT** 

**The trustees (who are also the directors of PANDAS Foundation for the purposes of ·company law) are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of ·Ireland".** 

**Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to** 

- **select suitable accounting policies and then apply them consistently;** 

- **observe the methods and principles in the Charity SORP; make judgements and estimates that are reasonable and prudent;** 

- **prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.** 

**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.** 

**Trustees' report, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 26th September 202 3 and signed on the board's behalf by:** 


**Page6** 



INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
PANDAS FOUNDATION
Indèpend•nt oxamin•ts rnport to the tvu•t••8 of PANDAS Foundallon (Yh• Company.
I ￿port to the charty trustees on my eXaMinat￿n of the accounts of the C¢)mpany for the year ended
31 December 2022.
Rèspon$lbiliti08 and basls of rgport
As the charity's tTU$tee$ of the Company land also directo￿ for the purp)8es of company lawl you are
responsible for the preparat￿n of the accounts in acco￿an￿ wrth the requirements of the Companies Aet 2006
I'lhe 20C6 ACYI and the Charit*s and Trustee Investrnent IScolLgndl Act 2005 and the Charrbes Accounts
(Scollandl Regulations 2006. The eharity IFuslees consKJer that the audrt requirement of Regulalh)n 1011118110
Icl of Ihe Accounts RegulalM)ns (knes not aFpty.
Having satisfEd mysell that thè Wiunts of the C(Nnpar)y are not required lo bo audrtod under Part 16 of the
20C6 Act and are eligible lor in¢Jependent examinatson, I rep)rt in rfr$p￿t of my examination of your charity's
accounts as carried out under Section 145 of the Charities Act 2011 I'lhe 2011 Acl'l and under section 4411 Ilc}
of the Charities and Trustee Inveslmenl Iscouandl Act 2005. In carrying out my examinat￿n I have followed the
Dirgclions gwen by thè Charty Commission under SKty"on 145(S1 Ibl of the Charits"g8 Acl 2011 and in
accordance with RegulatK*n 11 of Ihe Charitbes Accounts {ScotLindl Regulalh)ns 20C6.
Ind•p•nd•nt •x•mln•rfo 8t•t•m•nt
I have completed my examinsbon. I confim) that no matters have come to my attention in connacthin wrth th8
examin8th1n giving me cause to belwe..
accounting records wer¢ not képl In respect of the Company as required by Section 386 of the 2006 Act
and Section 44{1 Ila) of the 2005 Act and RegulalK)n 4 of the 20C6 Accounts RegUlat￿n8.. or
tho accounts do not accord with those records".
the accounts do not comply wrth the a¢¢¢unbng requirements ol Sectiorb 396 of the 20C6 Act and
Regykl￿n 8 01 the 20C6 Accounts RegulatK)ns other than any rw4uirement that thg accounts give a true
end fair view which is not a matter con￿der￿a a8 part of an independgnt examination., or
the accounts have not been prepared in accordonce wrth the method$ and principles of the Stalemenl of
Recommended Practsce for accounb.ng an¢J mporting by charities (applicable to charit￿$ preparing their
accounts in accordance with the Financial Rep￿.n9 standa￿ appkable in tho UK and Republic of
Ireland IFRS 10211.
I have no concerns and have come acro￿ no other m￿tr? in cann￿l￿n with the examinatson 10 which
attenlh)n should be drawn in this rewrt in ordor to enable a Proper understanding of the accounts lo be reached.
C moe￿n-￿Ill0ffls FCA Bsc
TCA Ishrewsburyi LLP
Third Floor
21 Sl Mary's Street
Shrewsbury
Shropshire
SY1 1ED
Date..
26 5(L4 2023
Page 7

PANDAS FOUNDATION
STATEMENT OF FINANCIAL ACTfviTIES
INCORPORATING AN INCOME AND EXPENDITURE ACC
FOR THE YEAR ENDED 31 DECEMBER 2022
NT
2022
Total
lund8
2021
Total
funds
Unrostrfcted
funds
Restricted
funds
Notes
INCOME AND E14DOIPIMENT8 FROM
Donation8 arKI18gaei88
112,888
10,600
123,288
157,870
Charltsbl• •ctlvltlo•
G&n•r41
124,100
124,100
8,000
Inve8tment In￿Me
102
102
27
Tgtsl
247 490
185.897
EXPENDITURE ON
Charltablo •ell¥ltla•
General
211 036
221836
162912
NET INCOME
25,854
25.854
2,985
RecoNCILIATION OF FUNDS
Total fundB brought fonyard
124,421
124.421
121.438
TOTAL FUNDS CARRIED FORWARD
150,275
150275
124421
COPITINUINQ OPERATIONS
All Income and expènditure has arisen from ￿ntinuIng 4clivrtlu,
Th• not•$ form part of th•se fjnanaal 8t•lements
Page 8

## **PANDAS FOUNDATION (REGISTERED NUMBER: 07740327}** 

## **STATEMENT OF FINANCIAL POSITION 31 DECEMBER 2022** 

|Unrestricted<br>Restricted<br>funds<br>funds<br>Notes<br>£<br>£<br>**CURRENT ASSETS**<br>Cash at bank<br>152,711<br>**CREDITORS**<br>Amounts falling due within one year<br>7<br>(2,436)<br>**NET CURRENT ASSETS**<br>150,275<br>**TOTAL ASSETS LESS CURRENT**<br>**LIABILITIES**<br>150,275<br>**NET ASSETS**<br>150,275<br>**FUNDS**<br>8<br>Unrestricted funds<br>**TOTAL FUNDS**|2022<br>2021<br>Total<br>Total<br>funds<br>funds<br>£<br>£<br>152,711<br>126,341<br>(2,436)<br>(1,920)<br>150,275<br>124,421<br>150,275<br>124,421<br>150,275<br>124,421<br>150,275<br>124,421<br>150,275<br>124,421|
|---|---|



The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022. 

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006. 

## The trustees acknowledge their responsibilities for 

- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and 

- (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 provisions applicable to charitable companies subject to the small companies regime. 

The financial statements were approved by the Board of Trustees and authorised for issue on 26th September 2023 and were signed on its behalf by: 


The notes form part of these financial statements 

Page 9 



PANDA
NDATION
NOTES TO THE FINANCIAL STATEMENTS
NDED
BER2
22
ACCOUNTING POLICIES
81•l* of pr•p•rlng th• flnanci•l •tatom•nt•
The Iinancial statements of the thariiable company, whth ia a public ben•fft •nlity thd•r FRS 102. h￿6
b•en prepar8d in accordance wlh the Char((I•8 SORP IFRS 1021 'A¢￿unting and Reporbng by
ChAiitia8'. Stslement of Recommended Pra¢b¢e •pplicable to charitie• prgpariryj their accy)unts in
*ccordance wrth the FinancJal Reporting Standard applicab￿ In Ihe UK and Republic of Ireland IFRS
1021 leffeciwe 1 January 20191,, Financial R•wting Standard 102 'The Finantyal Reporting Standard
applicabl• in tha UK and Republic of IrelarKf and t￿ CINnp•nKii 2006. The finan¢kql slat•menl$ have
b8•n w•p•reO untter the historK•l o)8t ¢tyw•nllon.
Fln4n¢l•l rnportlno •t•ndard 102- r•duc•d dlKlo•ur• •x•mptfion•
Th• charitabl8 company has taken ad¥aniag• of th• foll¢Ming di%l08ur• •x•mptioni in preparing th8Ve
fingno818tal•m¢nt8, ￿ pemiitted ty FRS 102 Th• Fin•nci•l Reporting Stand•rd •pptubla in the UK
and Rapublio of Ir•Lgnd':
th• reqUire￿ntS of Sects'on 7 Statem•nt of C￿h FITh￿.,
tr• requirgmenl of p8r8gr8ph 3 17ldl,'
Iha f8quirnmerlsol paragr8ph$ 11.42, 11.44, 11.45, 11,47, 11.481•)Ilill. 17.4814111¥1, 11.48lbl and
11.48lcl-.
the requireff*ntB of paragraphs 12.28. 12.27, 12.291•1, 12.29lbl and 12.29A,'
th• r•q￿mOnt of ￿ragraph 33.7.
Incom•
AJI incom• IB r•Cogni￿1 In Stsl•menl of Fin•ncl•l Act1vll￿¥ onc• th• charily h•$ èntlllemenl ts tho
fund•, il li pTobabki th*1 tho incom& will bB received and th• AM￿nI b• m•4•ured reliably.
Exp•ndlturo
Lwbilrtig• are racogni8ed a8 expend￿Ure 98 loon a8 th•r•18 a l•g81 or wn8tructive ob1W￿On comrnitbrvj
the charity to that expenditure, rt is probabl• that a tr4nifw of econom￿ b•Mfrt8 will be required in
98tt18ment and th• amount of the obligatKsn Con b• m•asur•d rellAbly Expenditure i• Kr￿Unted lor on
4ccrualB ba8lB ind ha8 been dassified under h&*dino8 Ih•t aggregate all c081 r•lat•d to the ￿tegOry.
er• co$1$ cannot b8 directly attribvt•d lo p8rttul4r h••ding• th•y hav• b••n ollorated lo actNrfI'es on
ba•1• congi8tenl wrth tha uso of f•Jourc•B.
T•x•tbon
The ch¥rity 18 exempl from cupornlion tsx on ill ch4nt•W• KOvrfl•i.
Fund •ccountlng
un￿StrICted funds can bo us•d in a¢crydan(x with th• thwt•bkn Objecti￿ at th• disuotion ol lh•
tfUiteeJ.
Re•lricted funds can only be used lor part￿￿1#r rn•tn"cted wrpoJe¥ vhthin the objects of the d)arity.
R•8lnclJon8 anw when $r*ufieL1 by the I￿Or or when fvnd• ar• r•i•ed for particuLar r•strict•d purposes.
Furtttor exp14nabon of the rwture •r*J pJrpoM of •ach (und 18 I￿luded In tho note• to the fi'nancial
•tsterrnnts.
Golng conc•rn
fin•n¢i¥l ststements have teen popa￿d on a 90ing C￿e*r￿ basis 98 tha t(u$tees b?1￿¥8 that no
materK•l tsncertainlies exsst. Thè trust••s hav• ¢onJid¢rgd the level of lunds held and the expected level
of incoTh and 8xpendf(ure for 12 months from authorising tha88 financial glalements Th6 budgeted
Incom• an¢J •xp•rrtlitur• is sufficient vdith lavel of reJ•rve• for the charity lo be able to ¢ontinue as a
goirvd eorwn
Page 10

PANDAS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - contlnu
FOR THE YEAR ENDEO 31 DECEMBER 2022
ACCOUMTING POLICIES - contlnu•d
Cash at bank and In hand
Cash 81 bank and in hand indudes cash and short-term highly liquid investments with a short maturity of
three months or1088 from tho date ol acqul8lllon or oponing of the deposit or 8imSlar ￿COUnt.
Flnancial Instruments
The charity only has financial asaets and finanoal liabilities of a kind that qualfy as basic fin8ncAal
instruments. Basic financlal instruments are initially recognised al Iran3actlon value and sub8equenlly
measured at their 88ttlemenl valu8.
INVESTMeNT INGOME
2022
2021
D•po8it account intere81
102
27
INDEPENDENT EXAMINERS. REhlUPIERATIOM
The Independent Examin8r8 r8mun•ration amount• to an lTrJewnd8nl Ex8mino1ion fe8 01 £1,38012021.'
£1,320)
TRUSTEES. REMUNERATION ANO 8ENEFIT8
T￿rn were no Iru81e8B' remuneration or other bengffts for tho year onded 31 tlec•mber 2022 nor for the
year endad 31 D8c8mber 2021.
Tru•tw•' •xpon•o•
Tru8te?8 exp•noe$ of £nll were relmbur8ed ft*r the year ended 31 December 2022 {2021,. £nill
STAFF COSTS
2022
2021
Wag8B and 8alad88
178 128
114625
178 128
The average monthly number of employees during the year was as follows..
2022
2021
Charitabl• ac*NttI•8
No emF4oyee8 recelved emolument8 in excess of £60,000.
Po9911
nwnued...

PANDAS FOUNDATION
NOTES TO THE FINANCIAL STA TEMENTS - contlnuod
FOR THE YEAR ENDED 31 DECEMBER 2022
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
Restricted
fund$
Total
fvnds
INCOME AND ENDOWMENTS FROM
Donation8 and legacie5
157.870
157,870
Charltabl• a¢tiviti••
General
8,000
8.000
Inv88bn8nt Income
27
27
Total
185897
165 897
EXPENDITURE ON
Charft•ble •ct+viti•i
General
182 912
NET INCOME
Ti*n•f•rn b•t**•n fund8
2.985
2,985
N•t movom•nt In fund•
7,985
15,0001
2,985
RECONCILIATION OF FUND8
Total fundi brought forward
1 fO,436
5,000
121,436
TOTAL FUND8 CARRIED FORWARD
124421
124 421
CREDITOR8: AMOUNT8 FALLING DUE WITHIN ONE YEAR
2022
2021
Other credltcn
MOVEMENT IN FUNDS
N•1
mov&ment
in funds
Tran¥f•rs
btheen
fuThJs
At
31.12.22
Al 1.1.22
Unrnstrlct•d lund•
General fund
Continuty fuTr
68,421
56 000
25,854
137,2001
57.075
TOTAL FUNDS
124 421
150275
Page 12
continued...

PANDAS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continu•d
FOR THE YEAR ENDED 31 DECEMBER 2022
P•lOVEMENT IN FUNOS- ¢ontinu•d
Net movamanl in funds, included In the above ar8 as follows..
Incomlng
re$ource8
Re80ur¢e8
gxponded
Movement
in lund8
Unro•trlct•d funds
General fund
236,690
1211,036)
25,854
Rmtrlctsd fundB
Helpline
Support Group
10.000
800
110,0001
10800
TOTAL FUNDS
247.490
2216361
Comparntlvm for mov•m•nt In fund¥
Ngt
movaffjenl
In funda
Tran•hr8
bets￿on
lund8
Al
31.12.21
A11.1.21
Unmtrlct•d fund•
Ggner81 fund
Website fund
Continulty fvnd
Infra¥lruotttro fund
Training fund
27,436
18,000
58.000
5,000
35,985
118,000)
5,000
68,421
58,000
15.0001
116.438
2,985
5.000
124.421
Rmtrlctod fund•
Reslricied
5.DJO
15,0001
TOTAL FUNDS
121436
124 421
Comparatrvo rlet rTh)vement In fund$, Included in the abova are as follow8:
Inc¢)mif
re8ource$
Resourc•s
•xpand•d
Movem•nl
in fvndy
Unr••trlctod fund•
Gon8ral fvnd
Website lund
Infrastructure fund
Training fund
165,897
1129,9121
(18,0001
15,0001
10000
35,985
{18,0001
15.0001
10 0001
165 897
162,912
TOTAL FUNDS
165 897
162.9121
Page 13
continued...

PANDAS FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS - continu•d
FOR THE YEAR ENDED 31 OECEMBER 2022
10VEMENT IN FU14DS - continu•d
A Current year 12 months and prior year 12 month8 combined pogkv)n 18 a8 lollow8-.
Net
movgmenl
in fund8
Transfers
ba￿e&n
fund8
A11.1.21
31.12.22
Unr•strlct•d fund¥
G•n&ral fund
Website fund
Continuity fund
Infrastructure fund
Tralnbng fund
27,438
18,000
S6,000
5,000
10,000
81,839
118,0001
132,200}
57,075
37,200
93,2CQ
15,0001
10,0001
116,436
28,839
5.000
150,275
Re•trlcted fund•
Restricted
5.OJO
15,0001
TOTAL FUNDS
121436
28 839
150275
A current year 12 months and prior year 12 monlhty ccynbined nel movement In fund•, Sncluded In th•
abovo are a8 fdlow8'.
Incomlng
re8ource$
Resourc89
expended
Movement
In fund8
UnmtrlGt•d fund•
Gèneral fund
W8b811& fund
Infra8truthire fund
Training fund
402,787
1340,948}
{18,000)
15.0001
100001
61,839
118,0001
15,0001
100001
402,787
1373,9481
28,839.
RO•t￿¢t•d funds
Helpline
SupF#Yt Group
10.000
6CQ
110,0001
10,600
10,6001
TOTAL FUNDS
413.387
384 5481
During the yoar, re8trict8d grant funding of £10.000 was received to support the Charity vAth helpllne
cost8 and £600 received for support groups. All r8strict•d income ha$ been spent In fvll during the year,
In 2021. it was con$Klered approwiale lo incYe08e the continulty fund to refiecl a 4 month running ¢XJsI for
the chgrity.
A8 the organisalion continues lo develop, il was considered appropriata to Incr8gs8 Iha continuity Ibnd to
more accural8ly rafiect 6 months running ¢0815 for the charity and so this lund has been increased
accordbngly.
Page 14
contlnued...

PANDAS FOUNOATION
NOTE3 TO THE FINANCIAL STATEMENTS - contlnu•d
FOR THE YEAR ENDED 31 DECEMBER 2022
RELATED PARTY DISCLOSURES
There were no related party tr8n88ctionB for the year 8nded 31 D8cemt•r 2022 (2021.. £nll)
Page 15