2022-11-30-accounts - British Society For Research On Ageing

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Trustees’ Annual Report for the period

From 1/12/2021 To 30/11/2022

Charity name: British Society for Research on Ageing

Charity registration number: 1174127

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The objectives of the society are to: 1. To promote research into the processes, causes and effects of ageing and, as indicated, into means for counteracting these, both in human beings and in other organisms; 2. To publish the results of all such useful research; 3. To further public education therein.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	Each year the British Society for Research on Ageing (BSRA) hosts an annual scientific meeting (ASM). This year we hosted our first in-person meeting since the Covid-19 Pandemic, at the University of Kent in collaboration with the Biochemical Society, and it was a great success. We welcomed approximately 100 delegates to Kent and attracted international experts to deliver keynote talks. This continues to provide the BSRA with an excellent forum to discuss the biology of ageing. As part of the ASM, the BSRA also awards prizes for early career researchers based on the presentation of their work at the meeting. We were delighted to award the Korenchevsky prize to enable a young researcher to present their work at the AGE meeting in America in 2023. It is of note that payment of the 2021 Korenchevsky prize is included in the Grants and Awards line of the accounts. The BSRA has continued to support research into the biology of ageing through awards of small grants to researchers in the field. In 2022 we awarded approximately £1000 to researchers to enable them to conduct and publish work in this field.

		The BSRA continued to work alongside the Chernajovsky Foundation in 2022 to administer a PhD studentship to the University of Birmingham. Our income for the Chernajovsky Foundation is listed under ‘Grants’ in the income section of the accounts, and under ‘Grants and Awards’ in the outgoings. We continue to share information on ageing research via the charity website www.bsra.org and links with the Royal Society of Biology.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	On appointment to the board, all new trustees must read the guidance on public benefit issued by the charity commission and sign a the BSRA trustee register to say that they have understood the content of the 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 to the AMRC principles of peer review guidelines, and utilises a minimum of 2 peer reviewers (for awards exceeding £2000) and an independent Scientific Advisory Board for selecting projects for funding. The BSRA is also committed to the 3Rs relating to the use of animals in research.
Policy on social investment including program related investment	Para 1.38	N/A
Contribution made by volunteers	Para 1.38	The BSRA is wholly reliant on volunteers in order to function. The board of trustees are at the heart of the society and are responsible for its management and running. In addition, the BSRA has a scientific advisory board; a group of 6 individuals who dedicate their time to assist with reviewing and making decisions about grants awarded by the society.
Other		N/A

Achievements and Performance

SORP reference

Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	In 2022 we hosted our Annual Scientific Meeting in person for the first time since the Covid-19 pandemic. The BSRA collaborated with the Biochemical Society to host this meeting which attracted around 100 delegates. This continues to provide the BSRA with an excellent forum to discuss the biology of ageing. The meeting includes a public lecture, open to all members of the public as a way to engage wider communities in the importance of ageing research. As part of the ASM, the BSRA also awarded the Korenchevsky prize to enable a young researcher to present their work at the AGE meeting in America in 2023. This continues to represent an excellent mechanism to spread the message about the BSRA to a wider audience, and also support early career researchers in the field of biogerontology. The BSRA has continued to support research into the biology of ageing through awards of small grants to researchers in the field. In 2022 we awarded approximately £1000 to researchers to enable them to conduct and publish work in this field. Under the leadership of our new chair, we plan to expand our grants portfolio and support lots more researchers in 2023. The BSRA has worked alongside the Chernajovsky Foundation in 2022 to administer a PhD award to the University of Birmingham. The BSRA provides additional support to this student via providing opportunities and funding to attend and network at our annual meeting.

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

Achievements against objectives set	Para 1.41	N/A
Performance of fundraising activities against objectives set	Para 1.41	N/A
Investment performance against objectives	Para 1.41	N/A

Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	As of the 30thNovember 2022, the British Society for Research on Ageing has total cash funds of £81,364. This represents a net loss of approximately £5,624 over the last 12 months.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The BSRA do not have a specific policy on holding reserves. However, we do not have any financial dependencies (e.g. employee’s) and the cash funds held by the BSRA are more than adequate to conduct our main aims of hosting our annual scientific meeting and awarded small grants to our members.
Amount of reserves held	Para 1.22	N/A
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	N/A
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	N/A

Details of fund materially in deficit Para 1.24 Explanation of any uncertainties about the charity continuing as a going concern Para 1.23	Details of fund materially in deficit Para 1.24 Explanation of any uncertainties about the charity continuing as a going concern Para 1.23	N/A N/A
Additional information (optional) You may choose to include further statements		where relevant about:
The charity’s principal sources of funds (including any fundraising)	Para 1.47	The principal sources of funding to the BSRA are: 1. Donations to the charity 2. Registrations to the annual scientific meeting 3. Membership subscriptions
Investment policy and objectives including any social investment policy adopted	Para 1.46	N/A
A description of the principal risks facing the charity	Para 1.46	N/A
Other

Structure, Governance and Management

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

including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	membership
Additional information (optional) You may choose to include further statements		where relevant about:
Policies and procedures adopted for the induction and training of trustees	Para 1.51	All newly elected trustee’s must read the Charity Commission document “The essential trustee” and sign the BSRA training register to confirm that they have read and understood the document and the responsibilities of a trustee. New trustees typically spend some time observing and shadowing existing trustee’s before taking on a substantive role within the charity.
The charity’s organisational structure and any wider network with which the charity works	Para 1.51	Responsibility for the management of the BSRA lies with the board of trustees, who are led by the chairperson. The trustees are supported by the Scientific Advisory Board, comprising 6 persons, who work with the board of trustees to review and select from applications for BSRA funding. The BSRA development board are a separate panel of volunteers whose role is to help the BSRA secure funds to advance our aims and deliver our core activities. The board of trustees, scientific advisory board and development board are all comprised of volunteers.
Relationship with any related 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	British Society for Research on Ageing,Durham University, Science Site, South Road, Durham, DH1 3LE

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
Claire Stewart	Chair	Stepped down from office December 2021
David Weinkove	Chair	Appointed as Chair January2022
Neil Martin	Treasurer
Paul Morgan	Secretary
CathySlack
Marina Ezcurra
BradleyElliot
Joao Pedro De Meghaelhaes		Resigned from the board March 2022
Ursula Tanner		Resigned from the board July2022
Adrian Cull
Ana Mishel Spiroski		Appointed to the board July2022
Ira Milosevic		Appointed to the board July2022
Jed Lye		Appointed to the board July2022
Tina Woods		Appointed to the board July2022

– 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)

Additional information (optional) Names and addresses of advisers (Optional information)	Additional information (optional) Names and addresses of advisers (Optional information)	Additional information (optional) Names and addresses of advisers (Optional information)
Type of adviser Name Address




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) Full name(s) Position (eg Secretary, Chair, etc) Date
	Neil Martin
	Treasurer
	15thDecember 2023
	15thDecember 2023

Charity Name			No (if any)
British Society for Research on Ageing			1174127
Receipts andpayments accounts				CC16a
For the period from	1st Dec 2021 Period start date	To	30th Nov 2022 Period end date

Section A Receipts and payments	Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ 2,989 1,857 14,715 - - - - - 19,561 - - - 19,561 1,577 5,000 17,158 600 745 105 - - - 25,185 - ~~-~~ 25,185 - 5,624.00 - 86,988.00 81,364.00	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - ~~-~~ - - - - - -	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - ~~-~~ - - - - - -	Total funds to the nearest £ 2,989 1,857 14,715 - - - - - 19,561 - - - 19,561 1,577 5,000 17,158 600 745 105 - - - 25,185 - ~~-~~ - 25,185 - 5,624.00	Last year to the nearest £
Memberships	2,989				4,539
Donations	1,857				7,363
Grant funds	14,715				-
	-				-
	-				-
	-				-
	-				-
	-				-
*Sub total*(Gross income for AR)	19,561				11,902

A2 Asset and investment sales, (see table).
	-
	-				-
~~*Sub total*~~	-				-
*Total receipts* A3 Payments
					11,902

Travel expenses and refunds	1,577				-
Annual Scientific Meetingcosts	5,000				5,000
Grants and awards	17,158				1,581
Professional costs	600				-
Subscriptions	745				657
Website	105				77
	-				-
	-				-
	-				-
**Sub total **	25,185				7,315

A4 Asset and investment purchases, (see table)
	-
	~~-~~
*Sub total*					-
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
					7,315

	- 5,624.00	-	-	- 5,624.00	4,587.00
	-	-	-	-	-
	86,988.00	-	-	86,988.00	82,401.00
	81,364.00	-	-	81,364.00	86,988.00

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

B1 Cash funds CCXX R1 accounts (SS)	bank account 1	Unrestricted funds to nearest £ 81,364 -	Restricted funds to nearest £ - - 0	Endowment funds to nearest £
	bank account	81,364	-	-
	1	-	-	- 8/11/2023

		-		-	-
	*Total cash funds*	81,364		-	-
		Unrestricted		Restricted	Endowment
		funds		funds	funds
		to nearest £		to nearest £	to nearest £
B2 Other monetary assets		-		-	-
		-		-	-
		-		-	-
		-		-	-
		-		-	-
		-		-	-
		Fund to which asset belongs		Cost (optional)	Current value (optional)
B3 Investment assets				-	-
				-	-
				-	-
				-	-
				-	-
		Fund to which asset belongs		Cost (optional)	Current value (optional)
B4 Assets retained for the				-	-
charity’s own use				-	-
				-	-
				-	-
				-	-
				-	-
				-	-
				-	-
				-	-
		Fund to which		Amount due	When due
		liability relates		(optional)	(optional)
B5 Liabilities				-
				-
				-
				-
				-
Signed by one or two trustees on behalf of all the trustees	Signature	Print	Name		Date of approval
		Neil	Martin		28/03/2023

CCXX R2 accounts (SS)

08/11/2023

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of Charitv Naine British Society for the Research into Ageing On accounts for the year ended th 30 November 2022 Charity no (if any) 279932 Set out on pages I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 3011112022. Responsibilities and basis of report As the charity's trustees, 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 2011 Act and in carrying out my examination, I have followed all the 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 £etheF which gives me cause to believe that in, any material respect: the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records. or the accounts did 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. Please delete the words in the brackets if they do not apply. Signed: Date: 311512023 Name: Tracy Rhys-williams Relevant professional qualification(s) or body MAAT IER Oct 2018

(if any): Address: 7 Rosebarn Close, Burgess Hill, West Sussex RH15 OHN Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER Oct 2018