
## **Trustees’ Annual Report for the period** 

**From  1/12/2020 To 31/11/2021** 

## **Charity name: British Society for Research on Ageing** 

## **Charity registration number: 1174127** 

## **Objectives and Activities** 

||SORP reference||
|---|---|---|
|Summary of the purposes of<br>the charity as set out in its<br>governing document|Para 1.17|The objectives of the society are to:<br>1. To promote research into the<br>processes, causes and effects of<br>ageing and, as indicated, into means<br>for counteracting these, both in<br>human beings and in other<br>organisms;<br>2. To publish the results of all such<br>useful research;<br>3. To further public education therein.|
|Summary of the main<br>activities in relation to those<br>purposes for the public<br>benefit, in particular, the<br>activities, projects or services<br>identified in the accounts.|Para 1.17 and<br>1.19|Each year the British Society for Research<br>on Ageing (BSRA) hosts an annual scientific<br>meeting (ASM). Although we hoped to<br>organise the meeting at Aston University,<br>due to Covid-19 restrictions in 2021, we<br>hosted our ASM virtually. The BSRA<br>collaborated with the Biochemical Society to<br>host this meeting which attracted 114<br>delegates. This continues to provide the<br>BSRA with an excellent forum to discuss the<br>biology of ageing.<br>As part of the ASM, the BSRA also awards<br>prizes for early career researchers based on<br>the presentation of their work at the meeting.<br>We were delighted to award the<br>Korenchevsky prize to enable a young<br>researcher to present their work at the AGE<br>meeting in America in 2022. It is of note that<br>payment of the Korenchevsky prize is not<br>included in the 2021 accounts as the money<br>was awarded in the 2022 accounting period.<br>The BSRA has continued to support<br>research into the biology of ageing through<br>awards of small grants to researchers in the<br>field. In 2021 we awarded approximately<br>£1500 to researchers to enable them to<br>conduct and publish work in this field.|





|||This year we also encouraged our<br>membership to apply for PhD studentship<br>funds through the Chernajovsky Foundation.<br>We reviewed several applications from our<br>members before sponsoring an application<br>which was eventually chosen for funding by<br>the Chernajovsky Foundation. The BSRA<br>will now work alongside the Chernajovsky<br>Foundation over the coming years to support<br>the appointed student and to administer the<br>funds.<br>We continue to share information on ageing<br>research via the charity website<br>www.bsra.org and links with the Royal<br>Society of Biology.|
|---|---|---|
|Statement confirming<br>whether the trustees have<br>had regard to the guidance<br>issued by the Charity<br>Commission on public<br>benefit|Para 1.18|On appointment to the board, all new<br>trustees must read the guidance on public<br>benefit issued by the charity commission and<br>sign a the BSRA trustee register to say that<br>they have understood the content of the<br>document.|



## **Additional information (optional)** You may choose to include further statements where relevant about: 

||SORP reference||
|---|---|---|
|Policy on grant making|Para 1.38|When awarding grants, the BSRA conforms<br>to the AMRC principles of peer review<br>guidelines, and utilises a minimum of 2 peer<br>reviewers (for awards exceeding £2000) and<br>an independent Scientific Advisory Board for<br>selecting projects for funding.  The BSRA is<br>also committed to the 3Rs relating to the use<br>of animals in research.|
|Policy on social investment<br>including program related<br>investment|Para 1.38|N/A|
|Contribution made by<br>volunteers|Para 1.38|The BSRA is wholly reliant on volunteers in<br>order to function. The board of trustees are<br>at the heart of the society and are<br>responsible for its management and running.<br>In addition, the BSRA has a scientific<br>advisory board; a group of 6 individuals who<br>dedicate their time to assist with reviewing<br>and making decisions about grants awarded<br>by the society. The BSRA also has a<br>development board comprised of volunteers,<br>who are concerned with supporting our<br>fundraising efforts through networking and<br>trust fund applications.|
|Other||N/A|





## **Achievements and Performance** 

||SORP reference||
|---|---|---|
|Summary of the main<br>achievements of the charity,<br>identifying the difference the<br>charity’s work has made to<br>the circumstances of its<br>beneficiaries and any wider<br>benefits to society as a<br>whole.|Para 1.20|In 2021 we hosted our Annual Scientific<br>Meeting virtually. The BSRA collaborated<br>with the Biochemical Society to host this<br>meeting which attracted 114 delegates. This<br>continues to provide the BSRA with an<br>excellent forum to discuss the biology of<br>ageing.<br>As part of the ASM, the BSRA also awarded<br>the Korenchevsky prize to enable a young<br>researcher to present their work at the AGE<br>meeting in America in 2022. It is of note that<br>payment of the Korenchevsky prize is not<br>included in the 2021 accounts as the money<br>was awarded in the 2022 accounting period.<br>The BSRA has continued to support<br>research into the biology of ageing through<br>awards of small grants to researchers in the<br>field. In 2021 we awarded approximately<br>£1500 to researchers to enable them to<br>conduct and publish work in this field.<br>This year we also encouraged our<br>membership to apply for PhD studentship<br>funds through the Chernajovsky Foundation.<br>We reviewed a number of applications from<br>our members before sponsoring an<br>application which eventually chosen for<br>funding by the Chernajovsky Foundation.<br>The BSRA will now work alongside the<br>Chernajovsky Foundation over the coming<br>years to support the appointed student and<br>to administer the funds.|



## **Additional information (optional)** You may choose to include further statements where relevant about: 

|Achievements against<br>objectives set|Para 1.41|N/A|
|---|---|---|
|Performance of fundraising<br>activities against objectives<br>set|Para 1.41|N/A|
|Investment performance|Para 1.41|N/A|





against objectives
NIA
Other

## **Financial Review** 

|**Financial Review**|||
|---|---|---|
|Review of the charity’s<br>financial position at the end<br>of the period|Para 1.21|As of the 30thNovember 2021, the British<br>Society for Research on Ageing has total<br>cash funds of £86,988. This represents a net<br>increase of approximately £4,500 over the<br>last 12 months.|
|Statement explaining the<br>policy for holding reserves<br>stating why they are held|Para 1.22|The BSRA do not have a specific policy on<br>holding reserves. However, we do not have<br>any financial dependencies (e.g.<br>employee’s) and the cash funds held by the<br>BSRA are more than adequate to conduct<br>our main aims of hosting our annual<br>scientific meeting and awarded small grants<br>to our members.|
|Amount of reserves held|Para 1.22|N/A|
|Reasons for holding zero<br>reserves|Para 1.22|N/A|
|Details of fund materially in<br>deficit|Para 1.24|N/A|
|Explanation of any<br>uncertainties about the<br>charity continuing as a going<br>concern|Para 1.23|N/A|



|**Additional information (optional)**<br>You may choose to include further statements|**Additional information (optional)**<br>You may choose to include further statements|where relevant about:|
|---|---|---|
|The charity’s principal<br>sources of funds (including<br>any fundraising)|Para 1.47|The principal sources of funding to the<br>BSRA are:<br>1. Donations to the charity<br>2. Registrations to the annual scientific<br>meeting<br>**3.**Membership subscriptions|
|Investment policy and<br>objectives including any<br>social investment policy<br>adopted|Para 1.46|N/A|
|A description of the principal<br>risks facing the charity|Para 1.46|N/A|
|Other|||





## **Structure, Governance and Management** 

|Description of charity’s<br>trusts:|||
|---|---|---|
|Type of governing document<br>(trust deed, royal charter)|Para 1.25|Constitution|
|How is the charity<br>constituted?<br>(e.g unincorporated<br>association, CIO)|Para 1.25|CIO|
|Trustee selection methods<br>including details of any<br>constitutional provisions e.g.<br>election to post or name of<br>any person or body entitled<br>to appoint one or more<br>trustees|Para 1.25|All trustees are subject to election by the<br>membership|



|including details of any<br>constitutional provisions e.g.<br>election to post or name of<br>any person or body entitled<br>to appoint one or more<br>trustees|including details of any<br>constitutional provisions e.g.<br>election to post or name of<br>any person or body entitled<br>to appoint one or more<br>trustees|<br>membership|
|---|---|---|
|**Additional information (optional)**<br>You may choose to include further statements||where relevant about:|
|Policies and procedures<br>adopted for the induction and<br>training of trustees|Para 1.51|All newly elected trustee’s must read the<br>Charity Commission document “The<br>essential trustee” and sign the BSRA training<br>register to confirm that they have read and<br>understood the document and the<br>responsibilities of a trustee. New trustees<br>typically spend some time observing and<br>shadowing existing trustee’s before taking<br>on a substantive role within the charity.|
|The charity’s organisational<br>structure and any wider<br>network with which the<br>charity works|Para 1.51|Responsibility for the management of the<br>BSRA lies with the board of trustees, who<br>are led by the chairperson. The trustees are<br>supported by the Scientific Advisory Board,<br>comprising 6 persons, who work with the<br>board of trustees to review and select from<br>applications for BSRA funding. The BSRA<br>development board are a separate panel of<br>volunteers whose role is to help the BSRA<br>secure funds to advance our aims and<br>deliver our core activities. The board of<br>trustees, scientific advisory board and<br>development board are all comprised of<br>volunteers.|
|Relationship with any related<br>parties|Para 1.51|N/A|
|Other|||



## **Reference and Administrative details** 

|Charity name|British Society for Research on Ageing|
|---|---|
|Other name the charity uses|BSRA|
|Registered charity number|1174127|





|Charity’s principal address|Liverpool John Moores University, James Parsons Building,<br>Byrom Street, Liverpool, L3 3AF|
|---|---|
|||





**Names of the charity trustees who manage the charity** 

|1<br>2<br>3<br>4<br>5<br>6<br>7<br>8<br>9<br>10<br>11<br>12<br>13<br>14<br>15<br>16<br>17<br>18<br>19<br>20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**<br>**year**|**Name of person (or body) entitled**<br>**to appoint trustee(if any)**|
|---|---|---|---|---|
||Claire Stewart|Chair|||
||Myriam Chimen|Treasurer|Stepped down from<br>board of trustees July<br>2021||
||Neil Martin|Treasurer|Replaced Myriam<br>Chimen from July2021||
||CathySlack|Secretary|||
||Lorna Harries||||
||Marina Ezcurra||||
||Adam Rolt||||
||Joao Pedro De<br>Meghaelhaes||||
||Ursula Tanner||||
||Lynne Cox||||
||Paul Morgan||||
||BradleyElliot||||
||Adrian Cull||||
||||||
||||||
||||||
||||||
||||||
||||||
||||||



– Corporate trustees names of the directors at the date the report was approved 

## **Director name** 

Name of trustees holding title to property belonging to the charity 

**Trustee name Dates acted if not for whole year** 



## **Funds held as custodian trustees on behalf of others** 

Description of the assets N/A held in this capacity Name and objects of the n/A charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for N/A safe custody and segregation of such assets from the charity’s own assets 

## **Additional information (optional)** 

## **Names and addresses of advisers (Optional information)** 

**Type of Name Address adviser** 

## **Name of chief executive or names of senior staff members (Optional information)** 

## **Exemptions from disclosure** 

Reason for non-disclosure of key personnel details 

## **Other optional information** 



## **Declarations** 

**The trustees declare that they have approved the trustees’ report above.** 

**Signed on behalf of the charity’s trustees** 

|**Signature(s)**<br>**Full name(s)**<br>**Position (eg Secretary,**<br>**Chair, etc)**<br>**Date**|||
|---|---|---|
||Neil Martin||
||<br> <br>Treasurer||
||17/09/2022||
||17/09/2022||






**Charity Name No (if any) British Society for Research on Ageing 1174127 Receipts and payments accounts CC16a For the period** Period start date Period end date **To from** 1st Dec 2020 30th Nov 2021 

|**Section A Receipts and payments**|**Section A Receipts and payments**||||||
|---|---|---|---|---|---|---|
|**A1 Receipts**|**Unrestricted**<br>**funds**<br>**to the nearest      £**<br>**4,539**<br>**7,363**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**11,902**<br>**-**<br>**-**<br>**-**<br> **11,902**<br>**-**<br>**5,000**<br>**1,581**<br>**-**<br>**657**<br>**77**<br>**-**<br>**-**<br>**-**<br>**-**<br> **7,315**<br>**-**<br>**-**<br> **-**<br> **7,315**<br>**4,587**<br>**-**<br>**82,401**<br>**86,988**|**Restricted**<br>**funds**<br>**to the nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|**Endowment**<br>**funds**<br>**to the nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|**Total funds**<br>**to the nearest £**<br>**4,539**<br>**7,363**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**11,902**<br>**-**<br>**-**<br>**-**<br>**11,902**<br>**-**<br>**5,000**<br>**1,581**<br>**-**<br>**657**<br>**77**<br>**-**<br>**-**<br>**-**<br>**-**<br>**7,315**<br>**-**<br>**-**<br>**-**<br>**7,315**<br>**4,587**||**Last year**<br>**to the nearest £**|
|Membership subscriptions and Annual<br>Scientific meeting|**4,539**|||||**3,666**|
|Donations|**7,363**|||||**2,948**|
|Other income|**-**|||||**3,617**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_Sub total_**_(Gross income for_<br>_AR)_|**11,902**|||||**10,231**|
||||||||
|**A2 Asset and investment sales,**<br>**(see table).**|||||||
||**-**||||||
||**-**|||||**-**|
|~~**_Sub total_**~~|**-**|||||**-**|
|**_Total receipts_ **<br>**A3 Payments**|||||||
|||||||**10,231**|
||||||||
|Travel expenses and refunds|**-**|||||**568**|
|Conference costs|**5,000**|||||**-**|
|Grants|**1,581**|||||**20,045**|
|Professional costs|**-**|||||**500**|
|Subscriptions|**657**|||||**652**|
|Website hostingand Development|**77**|||||**69**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
||**-**|||||**-**|
|**_Sub total_ **|**7,315**|||||**21,834**|
||||||||
|**A4 Asset and investment**<br>**purchases, (see table)**|||||||
||**-**||||||
||**-**||||||
|**_Sub total_ **|**-**|||||**-**|
|**_Total payments_ **<br>**_Net of receipts/(payments)_**<br>**A5 Transfers between funds**<br>**A6 Cash funds last year end**<br>**_Cash funds this year end_**|||||||
|||||||**21,834**|
||||||||
||**4,587**|**-**|**-**|**4,587**||**-              11,603**|
||**-**|**-**|**-**|**-**||**-**|
||**82,401**|**-**|**-**|**82,401**||**94,004**|
||**86,988**|**-**|**-**|**86,988**||**82,401**|



CCXX R1 accounts (SS) 

18/09/2022 

1 



## **Section B Statement of assets and liabilities at the end of the period** 

|**Categories**<br>**B2 Other monetary assets**<br>**B1 Cash funds**|**Details**<br>**_Total cash funds_**<br>Bank account|**Unrestricted**<br>**funds**<br>**to nearest £**<br>**86,988**<br>**-**<br>**-**<br>**86,988**<br>**Unrestricted**<br>**funds**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|**Restricted**<br>**funds**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Restricted**<br>**funds**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|**Endowment**<br>**funds**<br>**to nearest £**|
|---|---|---|---|---|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
||||||
|||||**Endowment**<br>**funds**<br>**to nearest £**|
|||**-**|**-**|**-**|
|||**-**|**-**|**-**|
|||**-**|**-**|**-**|
|||**-**|**-**|**-**|
|||**-**|**-**|**-**|
|||**-**|**-**|**-**|



## **B3 Investment assets** 

|**Fund to which**<br>**asset belongs**|**Cost (optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|**Current value**<br>**(optional)**|
|---|---|---|
||**-**|**-**|
||**-**|**-**|
||**-**|**-**|
||**-**|**-**|
||**-**|**-**|



CCXX R2 accounts (SS) 

18/09/2022 

2 



## **B4 Assets retained for the charity’s own use** 

## **B5 Liabilities** 

|**Fund to which**<br>**asset belongs**<br>**Fund to which**<br>**liability relates**|**Cost (optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Amount due**<br>**(optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|**Current value**<br>**(optional)**|
|---|---|---|
|||**-**|
|||**-**|
|||**-**|
|||**-**|
|||**-**|
|||**-**|
|||**-**|
|||**-**|
|||**-**|
|||**When due**<br>**(optional)**|
||**-**||
||**-**||
||**-**||
||**-**||
||**-**||



CCXX R3 accounts (SS) 

18/09/2022 

3 



|Signed by one or two trustees on<br>behalf of all the trustees|Signature|Print Name<br>Neil Martin|Date of<br>approval|
|---|---|---|---|
|||Neil Martin|15/09/2022|
|||||



CCXX R4 accounts (SS) 

18/09/2022 

4 

