**REGISTERED CHARITY NUMBER: 1172388**
## Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31st March 2022
for
The Graham Hughes International Charity
Hammond & Co 74 Blandford Road Corfe Mullen Wimborne Dorset BH21 3HQ
The Graham Hughes International Charity
Contents of the Financial Statements for the Year Ended 31st March 2022
||Page|
|---|---|
|Report of the Trustees|1 to 3|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Financial Statements|7 to 12|
|Detailed Statement of Financial Activities|13 to 14|
The Graham Hughes International Charity
## Report of the Trustees
for the Year Ended 31st March 2022
The trustees present their report with the financial statements of the charity for the year ended 31st March 2022. The trustees have adopted the provisions of 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 2019).
## **OBJECTIVES AND ACTIVITIES Objectives and aims**
The objectives of the charity are:
- the relief of sickness and the preservation of health of people with Hughes (Antiphospholipid) Syndrome ("Hughes Syndrome") in particular though the provision of support, education and practical advice to patients their families and carers; and
- to advance the education of the general public in all areas relating to Hughes Syndrome.
Hughes Syndrome (also called antiphospholipd syndrome/APS/’sticky blood’) is an autoimmune disorder in which the main problem is excess blood clotting. Significantly, as well as clotting in veins, the clots can affect arteries (e.g., stroke, heart attack, angina). In addition, in pregnancy, the "sticky blood" can affect the placenta, leading to recurrent miscarriage.
## **Significant activities**
The charities activities are focused on the need to improve understanding and management of the Antiphospholipid (Hughes’) Syndrome. These objectives are supported by fundraising, educational activities including website articles and invited articles from its medical expert committee and supporting education and research into the condition through bursaries and grants.
Although Hughes Syndrome was only described 36 years ago (1983), it is now recognised as a common cause of stroke, memory loss, cardiac ischaemia, cold circulation, DVT and seizures.
It is also now recognised worldwide as the commonest, treatable cause of pregnancy loss.
## **Volunteers**
We have volunteers, patients and medical experts in several countries who help promote the charity and aid fundraising.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
The charity remains committed to achieving its goals. We continue to have dedicated and committed Trustee’s. Post- pandemic, there have been numerous challenges to fundraising. However, we remain committed to opening sources of fundraising by improving our website and communications. This will be achieved with the help of a company, Edelman, who have extensive experience and are providing their service free of charge. We have employed a PT secretary who we feel sure will help promote the charity and better carry out its day-to-day business. Our Twitter profile has expanded with some more followers. Antiphospholipid Syndrome is a life-threatening condition which is not easy to identify, and we strongly consider the charity is of significant benefit to patients and the wider public.
The Trustees consider the charity is making progress by promoting its sustainability with a more robust management structure while donations continue despite the pandemic.
Page 1
The Graham Hughes International Charity
Report of the Trustees for the Year Ended 31st March 2022
## **ACHIEVEMENT AND PERFORMANCE**
## **Fundraising activities**
GHIC has managed to promote fundraising through donations. We will continue to expand our fundraising options as the pandemic eases but have also provided Patients Day to provide information to the wider public, allowing fundraising through several channels.
## **FINANCIAL REVIEW**
## **Financial position**
In 2022, voluntary income was £6,882 (2021 - £17,506) against costs of running the charity of £9,300 (2021 - £5,757). The biggest costs were the consultancy fees to SarcoidosisUK (£2,860) incurred in helping to fundraise for the Charity.
The charity remains solvent and viable, and we hope improvements in its financial position in the coming year as the pandemic eases and fundraising options improve will occur.
## **Principal funding sources**
The Charity's principal source of funds are donations from volunteers, patients and shop items including books and cards.
As with any charity, it is vital that fundraising to meet the objectives of the charity is sustained. The landscape for charities remains difficult especially with the cost of living escalating for everyone. The Trustees remain committed to ensuring the progression of the charity through fundraising.
## **Reserves policy**
The trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately 6 months of unrestricted charitable expenditure. The trustees consider that this level will provide sufficient funds to respond to applications for grants and ensure that there are sufficient funds available to cover support and governance costs.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **Recruitment and appointment of new trustees**
Trustees are recruited on the basis of skills that they can bring to the charity underpinned by knowledge of the condition. Trustees often bring medical knowledge, skills with social media such as Twitter Facebook and particular fundraising experience and skills.
## **Organisational structure**
The charity structure comprises Trustees who meet once monthly (currently virtually). There is an executive structure which is shared in small part with Sarcoidosis UK. One member of the Sarcoidosis UK team provides defined hours of service per month which are detailed in a monthly invoice sent from Sarcoidosis UK to GHIC.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1172388
Page 2
The Graham Hughes International Charity
Report of the Trustees for the Year Ended 31st March 2022
## **Principal address**
The Shard TOG 24/25 32 London Bridge Street London SE1 9SG
## **Trustees**
Dr A Jawad M Malik Dr A Kaul Prof G R Hughes Dr L Bertolaccini M Thompson-McCormick M Foord-Brown S Hampson
## **Independent Examiner**
Hammond & Co 74 Blandford Road Corfe Mullen Wimborne Dorset BH21 3HQ
Approved by order of the board of trustees on 9th February 2023 and signed on its behalf by:
Dr A Kaul - Trustee
Page 3
Independent Examiner's Report to the Trustees of The Graham Hughes International Charity
## **Independent examiner's report to the trustees of The Graham Hughes International Charity**
I report to the charity trustees on my examination of the accounts of The Graham Hughes International Charity (the Trust) for the year ended 31st March 2022.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
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 accounts to be reached.
John Cordner Association of Chartered Certified Accountants Hammond & Co 74 Blandford Road Corfe Mullen Wimborne Dorset BH21 3HQ
13th February 2023
Page 4
The Graham Hughes International Charity
## Statement of Financial Activities
## for the Year Ended 31st March 2022
|||31.3.22|31.3.21|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes|£|£|
|**INCOME AND ENDOWMENTS FROM**||||
|Donations and legacies||6,475|17,506|
|Other trading activities|2|407|-|
|**Total**||6,882|17,506|
|**EXPENDITURE ON**||||
|Raising funds|3|6,513|2,134|
|Other||2,787|3,623|
|**Total**||9,300|5,757|
|**NET INCOME/(EXPENDITURE)**||(2,418)|11,749|
|**RECONCILIATION OF FUNDS**||||
|**Total funds brought forward**||34,300|22,551|
|**TOTAL FUNDS CARRIED FORWARD**||31,882|34,300|
The notes form part of these financial statements
Page 5
The Graham Hughes International Charity
## Balance Sheet
## 31st March 2022
|31.3.22
Unrestricted
fund
Notes
£
**CURRENT ASSETS**
Stocks
7
1,643
Cash at bank
33,510
35,153
**CREDITORS**
Amounts falling due within one year
8
(3,271)
**NET CURRENT ASSETS**
31,882
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
31,882
**NET ASSETS**
31,882
**FUNDS**
9
Unrestricted funds
31,882
**TOTAL FUNDS**
31,882|31.3.21
Total
funds
£
1,643
34,421
36,064
(1,764)
34,300
34,300
34,300
34,300
34,300|
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 9th February 2023 and were signed on its behalf by:
A Kaul - Trustee
The notes form part of these financial statements
Page 6
The Graham Hughes International Charity
Notes to the Financial Statements for the Year Ended 31st March 2022
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 7
continued...
The Graham Hughes International Charity
## Notes to the Financial Statements - continued
## for the Year Ended 31st March 2022
## **2. OTHER TRADING ACTIVITIES**
|**OTHER TRADING ACTIVITIES**||||
|---|---|---|---|
||31.3.22||31.3.21|
||£||£|
|Shop income||407|-|
|**RAISING FUNDS**||||
|**Raising donations and legacies**||||
||31.3.22||31.3.21|
||£||£|
|Sundries||479|-|
|Website costs||307|-|
|Support costs|5,702||2,134|
||6,488||2,134|
## **3. RAISING FUNDS**
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31st March 2022 nor for the year ended 31st March 2021.
## **Trustees' expenses**
During the year Dr Bertolaccini was reimbursed £306.58 for web hosting costs incurred. No other trustees were reimbursed expenses.
## **5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
||Unrestricte|
|---|---|
||fund|
||£|
|**INCOME AND ENDOWMENTS FROM**||
|Donations and legacies|17,506|
|**EXPENDITURE ON**||
|Raising funds|2,134|
|Other|3,623|
|**Total**|5,757|
|**NET INCOME**|11,749|
|**RECONCILIATION OF FUNDS**||
|**Total funds brought forward**|22,551|
Page 8
continued...
The Graham Hughes International Charity
## Notes to the Financial Statements - continued for the Year Ended 31st March 2022
|**5.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|
|---|---|---|---|
||||Unrestricte|
||||fund|
||||£|
||**TOTAL FUNDS CARRIED**|||
||**FORWARD**||34,300|
|**6.**|**INTANGIBLE FIXED ASSETS**|||
||||Developm|
||||costs|
||||£|
||**COST**|||
||At 1st April 2021 and|||
||31st March 2022||9,202|
||**AMORTISATION**|||
||At 1st April 2021 and|||
||31st March 2022||9,202|
||**NET BOOK VALUE**|||
||At 31st March 2022||-|
||At 31st March 2021||-|
|**7.**|**STOCKS**|||
|||31.3.22|31.3.21|
|||£|£|
||Finished goods|1,643|1,643|
Page 9
continued...
The Graham Hughes International Charity
|Notes|to the Financial Statements-continued||||
|---|---|---|---|---|
|for the Year Ended 31st March 2022|||||
|**8.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
||||31.3.22|31.3.21|
||||£|£|
||Trade creditors||2,300|-|
||Other creditors||971|1,764|
||||3,271|1,764|
|**9.**|**MOVEMENT IN FUNDS**||||
||||Net||
||||movement|At|
|||At 1.4.21|in funds|31.3.22|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|34,300|(2,418)|31,882|
||**TOTAL FUNDS**|34,300|(2,418)|31,882|
||Net movement in funds, included in the above are as follows:||||
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|6,882|(9,300)|(2,418)|
||**TOTAL FUNDS**|6,882|(9,300)|(2,418)|
||**Comparatives for movement in funds**||||
||||Net||
||||movement|At|
|||At 1.4.20|in funds|31.3.21|
|||£|£|£|
||**Unrestricted funds**||||
||General fund|22,551|11,749|34,300|
||**TOTAL FUNDS**|22,551|11,749|34,300|
Page 10
continued...
The Graham Hughes International Charity
Notes to the Financial Statements - continued for the Year Ended 31st March 2022
## **9. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
Resources
Movement
resources
expended
in funds
£
£
£
17,506
(5,757)
11,749
17,506
(5,757)
11,749|
|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Net
movement
At 1.4.20
in funds
£
£
22,551
9,331
22,551
9,331|At
31.3.22
£
31,882|
|---|---|---|
|||31,882|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|24,388|(15,057)|9,331|
|**TOTAL FUNDS**|24,388|(15,057)|9,331|
Page 11
continued...
The Graham Hughes International Charity
Notes to the Financial Statements - continued for the Year Ended 31st March 2022
## **10. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31st March 2022.
Page 12
|The Graham Hughes International Charity|||||
|---|---|---|---|---|
|Detailed Statement of Financial Activities|||||
|for the Year Ended 31st March 2022|||||
||31.3.22||31.3.21||
||£||£||
|**INCOME AND ENDOWMENTS**|||||
|**Donations and legacies**|||||
|Donations|6,384||17,385||
|Gift aid||91||121|
||6,475||17,506||
|**Other trading activities**|||||
|Shop income||407||-|
|**Total incoming resources**|6,882||17,506||
|**EXPENDITURE**|||||
|**Raising donations and legacies**|||||
|Sundries||479||-|
|Website costs||307||-|
|||786||-|
|**Other**|||||
|Bank charges||360||260|
|Sundry expenses||39||480|
|Rent||724||728|
|Insurance||567||487|
||1,690||1,955||
|**Support costs**|||||
|**Information technology**|||||
|Subscription costs||25||-|
|Development costs||-||659|
|||25||659|
|**Other**|||||
|Consultancy fees|5,702||2,134||
|**Governance costs**|||||
|Independent examiner's fee|1,012|||924|
|Carried forward|1,012|||924|
This page does not form part of the statutory financial statements
Page 13
The Graham Hughes International Charity
|Detailed Statement of Financial Activities|||
|---|---|---|
|for the Year Ended 31st March 2022|||
||31.3.22|31.3.21|
||£|£|
|**Governance costs**|||
|Brought forward|1,012|924|
|No description|85|85|
||1,097|1,009|
|Total resources expended|9,300|5,757|
|**Net (expenditure)/income**|(2,418)|11,749|
This page does not form part of the statutory financial statements
Page 14