DoGusign Envelope ID". 72D5DB2>6EBD4CE￿A7￿O39A2c673A3 Charlty No.. 1176317 NRT Accounts For The Year Ended 31 December 2024 DoGusign Envelope ID." 72DSDB2>6EB￿cE￿A7￿co39A2c673A3 NRT CONTENTS Charity Detsils Annual Rèport Independent Examinerfs Report Receipts and Payments Account Slalemenl of Asse15 and LiatNlilie$ Notes to the Receipts and Payments Account DoGusign Envelope ID". 72D5DB2>6EBD4CE￿A7￿039A2c673A3 NRT CHARITY DETAILS Trustees: Graham Servante Peter Bart¢)n Julie Barton Registered office: Femie House R05side Ulversl LA12 7NS Independent Examiner. Nicola Mason FCA, DChA MHA Richard House W1n¢￿eY Square Preston PR13HP Bankers: Bardays Page 1 DoGusign Envelope ID". 72D5DB2>6EBD4CE￿A7￿O39A2c673A3 NRT ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present their reFK)rt and accounts for the year ended 31 December 2024. which have been prepared on a re¢eipts and paymgnls basis. The financial statements have been prepar&d in a¢¢ordance with the charity's constilution and applicable law. Structure, governance and management NRT is a CharitsNg Inciwporatgd Organisation ICIOI with its Constitut￿ bein9 dated 15 December 2017. The CIO obtained charitable status on 15 Decemter 2017. Training and instructions are prov¥Jed for new trustees by means of meetings with the cu￿ent trustees and the provision of d(yxJmentstion in relatitx) lo r&sp￿sibIl￿es and w(￿dUres. Thg Trustgès are shown on pagè 1. Objectives, activities, achievements. pfrrtomiance and public benefft The objects are. lo advance the urKlwslanding an¢Jlor treatment of Neurrjogical diseases by m8king grants lo the UCL Institute of Neurolo3y aThJ. p)tentially. to ther similarty well estsNLshed centres for neurolf>3ical disease research. In planning our activities for the year. we have taken into account the Charity Commission's guidance on public benefit al our Iruslee meetin9S. Over 4 million people in the UK are liwng with a neurodegenerative disease. More people are likely lo die from neurological disease than from Cancer or heart disease yel neurological research is currently much less well funded. NRT'S objective is lo provide start-up finance lor practical neuiobgical research in less well funded argas. All NRT costs are personally mel by the Truslees which means that 100% 01 any donation goes directly into practical rg$garch. Achl•v•m•nts and wrformanc• The Tru8lee8 are delighted that NRT has raised £125,0￿ during the year from donations. During tha y8ar NRT donated £24.000 10 The National Brain Appeal and £297,919 to tha UCL Institute of Neurdogy. Flnanclal revlew The net expenditure for Ihe year was £196,919 12023.. Net income of £101,250) as shown in the receipts and payments account on page 5. Al expenses and overheads ￿ntinue lo be met by the Trustees. Cash is h8ld by NRT to Covgr grants made ￿ expèc18d to bè male to approvad projacts. Furth8r prO1￿ts arg approved as and when the Truslees are confidenl ￿ will have sufficient fvnds to suppui those projecis. As at 31 December 2024 cash held was £29,9￿. Plans for futur¢ ￿nIX1$ Going fonmard th8 charity will aim to increase income generation year on year. Thg trustees look forward lo continuing their support for approved projecis and lo starting new prciects as fiJnding allows. Page 2 DoGusign Envelope ID". 72D5DB2>6EBD4CE￿A7￿039A2c673A3 NRT ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 In view of the level of income the tharty has prepared these ac(J)unts on the re￿Ipts and payments basis. summaiising all money roceive¢J or paid by the ¢harity during the year. A statement giving detsils of thtr assets and liabilities al the end of the year is provKJed on page 6. September 26. 2025 This report was approved by Ihe Trustees on ................................... and signed on their behalf. Peter Barton Page 3 DoGusign Envelope ID". 72D5DB2>6EBD4CE￿A7￿O39A2c673A3 NRT INOEPENDENT EXAMINER'S REPORT TO THE TRUSTEESIMEMBERS I report lo the charity trustees on my examinatK)n of the accounts of the charity for the year ended 31 Decemb8r 2024 which are sel out on pages S 10 7. Responsibilities and basis of report As the ch8rity's Irus18e5 you are responsible for the preparation of the 8ccoun15 in accordance with the rgquirgments of tha Charitigs A¢t 2011 I'thè Act'l. I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission undtrr section 14515llbl ol the ACL Ind•pond•nt Examln•rfs Statèm•nt 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 iesp8cL- accounting records were not kept in respect of the charity as required by section 130 of the Act; or the accounts do not accord with those records", or the a¢¢ounts do not Comply wilh Ihe appIl￿ble requirements conceming the fomi and conlgnl of accounts s81 out in th8 Charities (Accounts and Reports) Regulations 2008 other than any requiremenl that the accounts give a 'true and fair view. which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection with the examin81ion lo whlch attgnlion should bg drawn in this rgport in ¢yder to enable a propgr undorstanding of thg accounts lo bg rga¢hed NScola Mason FCA, DChA MHA Chartered Accountants Proston September 26, 2025 Dale..................................... Page 4 DoGusign Envelope ID". 72D5DB2>6EBD4CE￿A7￿O39A2c673A3 NRT RECEIPTS AND PAYMEKfs ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 Rèstrlctèd 2023 Total Vnrèstslct Total Receipts DonatK)ns Grants Received 125.000 125,000 125,250 Total receipts 125.000 125,OIKI 125,250 Paymonts Dlrect Charltabl• Exp•ndltur• Grants paid {253,063) 168,8561 1321,9191 124,0001 Totsl paymonts {253,063) 168,8561 1321,9191 124,0001 Nat R8c•lpt8llPaym8nts} for th• Year {128.0631 168,8561 1196,9191 101,250 Transfers betwe•n funds 31.834 131,8341 Not movemont In funds 196,229) 1100,6901 1196,9191 101,250 Fund balances brought forward 126.129 1¢)0,690 226,819 125,569 Cash and bank balan¢•$ 31 De¢ember 2024 29,900 226,819 All of the income in the previous peri￿￿ related to unrestricted fvnds, and expenditure in the previous pgriod rglat9d to rgstrid9d and unrgstri¢tod funds. Page 5 DoGusign Envelope ID". 72D5DB2>6EBD4CE￿A7￿O39A2c673A3 NRT STATEMENT OF ASSETS AND UABILMES AS AT 31 DECEMBER 2024 2024 Total 2023 Total Cash Fund5 Cash in bank and in hand 29,900 226,819 Totsl Funds R8c•lpts and Paymènts Account 29,900 226,819 Fixed Assets Declaration Th9 re¢gipts and payments account for the finanryal year endgd ￿ 31 Decembor 2024 and the statemgnl of assets and liabilibes al Ihal dale arg approved by the Tiusiges. For and on bghaN of the Trustees.. Peter Barton September 26, 2025 Dale Page 6 DoGusign Envelope ID". 72D5DB2>6EBD4cE￿A73ScO39A2c673A3 NRT NOTES TO ThE RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 A¢¢ounting policies These accounls have been prepared on the receipls and payments basis. Expenditure is inclusive of VAT. Transactlons wth trustees and Ot￿r mlat•d partlos No remuneration or other benefits were paid to the charity's Irustees or people connected with them. R8imburs8d expenses lor oul of podtet eXp￿nditUTe are disdosed on thè f8co of the receipts and payments accounl. No transactions with related parties took place during the year. Administrative expen￿5 The TnJstees of the charity have comffttted to pay any ￿MInistrative expenses incurred personal￿ to ensure that incL)me generated can be used in full to fund grant awards. Al the year end professional fees of £40012023.. £3751 were due to be paid by the Trust88S. Page 7