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|Management<br>and Committees||||
|---|---|---|---|
|Legal and Administrative<br>information||||
|Report ofthe Trustees||||
|Pain Relief Foundation<br>Aims and Policies||||
|Chronic Pain||||
|Research and the Institute||||
|Research Accommodation||||
|Management<br>Structure<br>& Governance|||13|
|Risk Management<br>&assessment||||
|Trustee Recruitment|||14|
|Advisory Sub-Committees|||15|
|Grant Making 8 Policies|||16|
|Public Benefit|||17|
|Powers ofInvestment<br>& Investment|Policy||18|
|Reserves|||19|
|Fundraising<br>Regulator<br>&our fundraising||promise|20|
|Donation Policy|||21 to23|
|Statement ofTrustee Responsibilities|||23|
|Clinical Section 8 Education|||24 to 27|
|Research Reports|||27 to29|
|Auditor's<br>Report|||30to32|
|Statement ofFinancial Activities|||33|
|Balance Sheet|||34|
|Notes forming part ofthe Financial Statements|||36 io43|
|Detailed statement ofFinancial Activities|||44 ~o45|





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|Dr Catherine|Preston<br>'Visual body illusion fortreatment of|Preston<br>'Visual body illusion fortreatment of|Preston<br>'Visual body illusion fortreatment of|||L59,997|
|---|---|---|---|---|---|---|
|York|||chronic osteoarthritis<br>pain<br>(over 3years)||||
|Dr Andy Marshall|||'Defining nocimsponsive<br>BA3a asa target to|||L'28,269|
|Liverpool|||treat chmnic pain<br>(Over 12months)||||
|Dr Helen Poole<br>Liverpool|||'A feasibility study ofa Behavioural<br>Intervention<br>for<br>Opioid Reduction (BIOR)in primary care. ' (Over 12|Months)||L'29,430|
|John Moores|||||||
|Dr Steven Zhao|||'Identifying<br>causal risk factors and health conserluences<br>'||of|L24,200|
|Liverpool|||chronic widespread<br>pain using genetic epidemiology.||||
||||(Over 12months)||||
|Dr Vsevolod|Telezhkin<br>'Development<br>ofnovel in vitro human induced||||||
|Newcastle|||pluripotent<br>stem cell (hiPSC)-derived<br>sensory-like<br>neuronal<br>model oforofacial neuropathic<br>pain. '|||LZ,585|
|Dr Nick Fallon||Adverse effects ofCOVID-I9-related lockdown on pain,|||physical|L3,000|
|||activity and psychological<br>well-being in people<br>with chronic pain|||||
|||(over 6months)|||||
|Dr Andy Marshall||Employment<br>ofan Post Doc to the Pain|||||
||||Research<br>Institute for3years- cost forper year as||||
||||position reviewed each year|||L51,000|
|DrAndreas|Goebel||Employment<br>ofResearch assistant to the Pain|||L55,800|
||||Institute for3years||||



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|||||||5.4.21|5.4.20|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
||||Notes|funds|fund<br>5|funds|fundsf|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations<br>and legacies|||3|113,694||113,694|445,186|
|Other trading<br>activities||||5,673||5,673|50,306|
|Investment<br>income||||78,888||78,888|92,171|
|Total||||198,255||198,255|587,663|
|EXPENDITURE ON||||||||
|Raising funds||||||||
|Other trading<br>activities|||6|14,398||14,398|14,574|
|Investment<br>management|costs||7|11,476||11,476|12,063|
|||||25,874||25,874|26,637|
|Charitable<br>activities||||||||
|Research||||360,297|534|360,831|429,989|
|Education||||8,397||8,397|6,298|
|Total||||394,568|534|395,102|462,924|
|Net gains/(losses)<br>on investments||||415,190||~415 190|~207,304)|
|NET INCOME/(EXPENDITURE)||||218,877|(534)|218,343|(82,565)|
|RECONCILIATION<br>OF|FUNDS|||||||
|Total funds brought forward||||2,720,433|1,578|2,722,011|2,804,576|
|TOTAL FUNDS CARRIED FORWARD||||2,939,310|1,044|2,940,354|2,722,011|





## 

|||||5.4.21|5.4.20|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
||Notes|funds|fund<br>f|funds|funds<br>2|
|FIXEDASSETS||||||
|Tangible assets|11|84,894|1,602|86,496|59,408|
|Investments|12|2,805,265||2,805,265|2,371,459|
|||2,890,159|1,602|2,891,761|2,430,867|
|CURRENT ASSETS||||||
|Stocks|13|776||776|486|
|Debtors|14|11,433||11,433|9,872|
|Cash at bank and in hand||83,428||83,428|314,711|
|||95,637||95,637|325,069|
|CREDITORS||||||
|Amounts<br>falling due within one year|15|(46,486)|(558)|(47,044)|(33,925)|
|NET CURRENT ASSETS||49,151|~558)|48,593|291,144|
|TOTAL ASSETS LESSCURRENT|LIABILITIES|2,939,310|1,044|2,940,354|2,722,011|
|NET ASSETS||2,939,310|1,044|2,940,354|2,722,011|
|FUNDS|17|||||
|Unrestricted<br>funds:||||||
|General fund||||73,854|314,579|
|Designated<br>unrestricted||||2,865,456|2,405,854|
|||||2,939,310|2,720,433|
|Restricted funds:||||||
|Restricted<br>fund||||1,044|1,578|
|TOTAL FUNDS||||2,940,354|2,722,011|








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|||||5.4.21|5.4.20|
|---|---|---|---|---|---|
|Gifts||||43,172|77,165|
|Gift aided donations||||4,446|5,839|
|Tax recovered|on gift aided donations|||1,099|1,465|
|Legacies||||64,977|358,888|
|Grants|||||1,700|
|Sundry income|||||129|
|||||113,694|445,186|
|Grants received,||included|in the above, are as follows:|||
|||||5.4.21|5.4.20|
|Travel|||||1,700|
|OTHER TRADING ACTIVITIES||||||
|||||5.4.21|5.4.20|
|||||6|6|
|Books leaflets|tapes||||52|
|Sponsorships||||59|30.455|
|Meeting fees||||5,614|19,799|
|||||5,673|50,306|
|INVESTMENT|INCOME|||||
|||||5.4.21|5.4.20|
|||||6||
|Listed investments||||78,888|92,170|
|Deposit account interest|||||1|
|||||78,888|92,171|
|OTHER TRADING ACTIVITIES||||||
|||||5.4.21|5.4.20|
||||||6|
|Purchases|||||363|
|Staff costs||||14,398|14,211|
|||||14,398|14,574|





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|||||||||5.4.21<br>5|5.4.20<br>f|
|---|---|---|---|---|---|---|---|---|---|
|Portfolio|management|||||||11,476|12063|
|CHARITABLE ACTIVITIES COSTS||||||||||
||||||||Grant|||
|||||||Direct|funding<br>of|Support||
|||||||Costs|activities|costs|Totals|
|||||||2|2|2|E|
|Research||||||73,416|228,920|58,495|360,831|
|Education||||||518||7,879|8,397|
|||||||~73 934|228,920|66,374|369,228|
|NET INCOME/(EXPENDITURE)||||||||||
|Net income/(expenditure)|||is stated after charging/(crediting):|||||||
|||||||||5.4.21|5.4.20|
|||||||||5||
|Auditors'|remuneration|||||||5,000|5,000|
|Auditors'|remuneration||for non-audit||work|||3,840|3,340|
|Depreciation - owned assets||||||||16,749|6,630|
|Other operating||leases||||||6,475|10,000|
|TRUSTEES' REMUNERATION||||AND|BENEFITS|||||
|No trustees'<br>remuneration<br>or other benefits were paid for the year|||||||ended 5April 2021 nor forthe year ended 5Ap|||
|2020.||||||||||
|Trustees'|expenses|||||||||
|There were no trustees'|||expenses paid for the year|||ended 5April|2021 nor for the|year ended 5April 2020.||
|TANGIBLE FIXEDASSETS||||||||||
|||||||||Fixtures||
|||||||Long|Plant and|and||
|||||||leasehold|machinery|fifiings|Totals|
|||||||||6|5|
|COST||||||||||
|At 6April|2020|||||114,302|160,566|324,487|599,355|
|Additions|||||||43,837||~43837|
|At 5April|2021|||||114,302|204,403|324,487|643,192|
|DEPRECIATION||||||||||
|At 6April 2020<br>Charge for year||||||64,990<br>3,266|154,681<br>12.430|320,276<br>~1053|539,947<br>16,749|
|At 5 April|2021|||||68,256|167,111|~321 329|556,696|
|NET BOOK VALUE||||||||||
|At 5 April|2021|||||~46 046|37,292|3,158|86,496|
|At 5April|2020|||||49,312|5,885|4,211|59,408|



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## 

|FIXEDA|SSET INVESTMENTS||
|---|---|---|
|||Listed|
|||investments<br>f|
|MARKET VALUE|||
|At 6April|2020|2,371,459|
|Additions|at cost|78,502|
|Disposals at book cost<br>Change<br>in Market Value||(57,203)<br>~12557|
|At 5April|2021|2,805,265|
|NET BOOK VALUE|||
|At 5 April|2021|2,805,265|
|At 5 April|2020|2,371,452|



|13.|STOCKS|||||
|---|---|---|---|---|---|
|||||5.4.21<br>f|5.4.20<br>f|
||Finished goods|||776|486|
|14.|DEBTORS:|AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
|||||5.4.21|5.4.20|
|||||f||
||Tax|||1,099|1,465|
||Prepayments|and accrued income||10,334|8,407|
|||||11,433|9,872|





## 

## 

|CREDITORS: AMOUN|TS|FALL|ING DUE WITHIN ONE YEAR||||
|---|---|---|---|---|---|---|
||||||5.4.21|5.4.20|
|||||||E|
|Bank loans and overdrafts||(see|note 16)||508|508|
|Social security and other||taxes|||159|159|
|Accruals and deferred|income||||~46377|33,258|
||||||47,044|33,925|
|MOVEMENT<br>IN FUNDS|||||||
|||||Net|Transfers||
|||||movement|between|At|
||||At 6.4.20|in funds|funds|5.4.21|
||||f|6|f|6|
|Unrestricted<br>funds|||||||
|General<br>fund<br>Designated<br>unrestricted|||314,579<br>2,405,854|(263,725)<br>482,602|23,000<br>~23,000)|73,854<br>~2,865456|
||||2,720,433|218,877||2,939,310|
|Restricted funds|||||||
|Restricted<br>fund|||1,578|(534)||1,044|
|TOTAL FUNDS|||2,722,011|218,343||2,940,354|
|Net movement<br>in funds,|induded||in the above are as follows:||||
||||Incoming|Resources|Gains and|Movement|
||||resources<br>6|expended<br>6|losses<br>f|in funds<br>6|
|Unrestricted<br>funds|||||||
|General fund|||119,367|(383,092)||(263,725)|
|Designated<br>unrestricted|||78,888|@11,476)|415,190|482,602|
||||198,255|(394,568)|415,190|218,877|
|Restricted funds|||||||
|Restricted<br>fund||||(534)||(534)|
|TOTAL FUNDS|||~198255|~395,102)|415,190|218,343|



## 



## 

|Compar|ati|v|es<br>for movement<br>in fun|ds||||
|---|---|---|---|---|---|---|---|
||||||Net|Transfers||
||||||movement|between|AI|
|||||At 6.4.19|in funds|funds|5.4.20|
|||||8|8|||
|Unrestricted|||funds|||||
|General|fund|||40,409|42,670|231,500|314,579|
|Designated|||unrestricted|2,764,551|~127,197)|~231,500)|2,405,854|
|||||2,804,960|(84,527)||2,720,433|
|Restricted|||funds|||||
|Restricted||fund||(384)|1,962||1,578|
|TOTAL|FUNDS|||||||



|Comparative|net movement<br>in funds,|included<br>in the above are a|s follows:|||
|---|---|---|---|---|---|
|||Incoming|Resources|Gains and|Movement|
|||resources|expended|losses|in funds|
|||6|8|5|F|
|Unrestricted|funds|||||
|General<br>fund||492,793|(450,123)||42,670|
|Designated|unrestricted|92,170|~12,063)|(207,304)|~127,197)|
|||584,963|(462,186)|(207,304)|(84,527)|
|Restricted|funds|||||
|Restricted fund||2,700|(738)||1,962|
|TOTAL FUNDS||587,663|~462,924)|(207,304)|~82,565)|



|A current y|ear 12months<br>and prior y|ear 12months<br>combined<br>pos|ition<br>isas follo|ws:||
|---|---|---|---|---|---|
||||Net|Transfers||
||||movement|between|At|
|||At 6.4.19|in funds|funds|5.4.21|
|||F|F|F|8|
|Unrestricted<br>funds||||||
|General<br>fund<br>Designated<br>unrestricted||40,409<br>2,764,551|(221,055)<br>355,405|254,500<br>~254,500|73,854<br>2,865,456|
|||2,804,960|134,350||2,939,310|
|Restricted|funds|||||
|Restricted|fund|(384)|1,428||1,044|
|TOTAL FUNDS||2,804,576|135,778||2,940,354|





## 

|y  <br> p <br>as follows:|<br><br>|<br>n|, <br>|aove a|
|---|---|---|---|---|
||Incoming|Resources|Gains and|Movement|
||resources<br>f|expended|lasses<br>f|in funds<br>f|
|Unrestricted<br>funds|||||
|General<br>fund|612,160|(833,215)||(221,055)|
|Designated<br>unrestricted|171,058|~23,539)|207,886|355,405|
||783,218|(856,754)|207,886|134,350|
|Restricted funds|||||
|Restricted fund|2,700|(1,272)||1,428|
|TOTAL FUNDS|785,918|~858,026)|207,886|135,778|



## 

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## 



|||5.4.21<br>5|5.4.20f|
|---|---|---|---|
|INCOME AND ENDOWMENTS||||
|Donations and legacies||||
|Gifts||43,172|77,165|
|GIR aided donations||4,446|5,839|
|Tax recovered on gift aided|donations|1,099|1,465|
|Legacies||64,977|358,888|
|Grants|||1,700|
|Sundry<br>income|||129|
|||113,694|445,186|
|Other trading activities||||
|Books leaflets tapes|||52|
|Sponsorships<br>Meeting fees||59<br>~5614|30,455<br>19,799|
|||5,673|50,306|
|Investment<br>income||||
|Listed investments||78,888|92,170|
|Deposit account interest|||1|
|||78,888|92,171|
|Total incoming resources||198,255|587,663|
|EXPENDITURE||||
|Other trading activities||||
|Purchases|||363|
|Wages||13,900|13,700|
|Social security||350|372|
|Pensions||148|139|
|||14,398|14,574|
|Investment<br>management|costs|||
|Porffolio management||11,476|12,063|
|Charitable<br>activities||||
|Wages||48,980|47,474|
|Social security||1,631|1,803|
|Pensions||1,484|1,390|
|Student essay costs||75|1,157|
|Venue &meeting costs||4,353|15,993|
|Food costs|||9,358|
|Sundry||661|4,762|
|Depreciation<br>oftangible fixed assets<br>Grants to individuals||16,750<br>228,920|6,632<br>277,154|
|||302,854|365,723|





||||5.4.21|5.4.20|
|---|---|---|---|---|
||||5|5|
|Supportcosts|||||
|Management|||||
|Other operating<br>leases|||6,475|10,000|
|Rates and water|||17,505|17,505|
|Insurance|||2rt22|2,334|
|Telephone|||959|209|
|Postage and stationery|||1,559|3,118|
|Advertising|||4,094|3,549|
|Sundries|||577|577|
|Travel||||2,139|
|Computer software|||955|705|
|Cmdit card charges|||309|315|
|||||40,451|
|Finance|||||
|Bank charges|||188||
|Information<br>technology|||||
|Repairs and renewals|||6,134|4,655|
|Governance costs|||||
|Wages|||15,000|14,200|
|Social security|||412|464|
|Pensions|||594|556|
|Auditors'<br>remuneration|||5,000|5,000|
|Auditors'<br>remuneration|for|non audit work|3,840|3,340|
|Postage and stationery|||196|360|
|Legal fees|||155|1,484|
||||~25197|25,404|
|Total resources expended|||~395102|~462 924|
|Net (expenditure)/income||before gains and|||
|losses|||(196,847)|124,739|
|Realised recognised gains and losses<br>Net inveshnent<br>gains/ (losses)|||~2683|~40 372|
|Net (expenditure)/income|||~194164)|~165111|





Pain Relief Foundation