## **Trustees' Annual Report for the period**
Period start date Period end date Day Month Year Day Month Year 01 06 2024 **To** 31 05 2025
**From**
**To**
## Section A Reference and administration details
**Charity name** Brainstorm (The Oxford Brain Tumour Research Foundation) **Other names charity is known by Registered charity number (if any)** 1178275
**Charity's principal address** Stable Barn, Bassetbury Lane
High Wycombe Buckinghamshire **Postcode** HP11 1QZ
## **Names of the charity trustees who manage the charity**
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Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 Rowen Pestana The trustees
2 Peter Erskine The trustees
3 Richard Stacey The trustees
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
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## **Names of the trustees for the charity, if any, (for example, any custodian trustees)**
**Name Dates acted if not for whole year**
March **2012**
**TAR**
1
## **Names and addresses of advisers (Optional information)**
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Type of adviser Name Address
Accountant S&W Audit Limited 22 Wycombe End, Beaconsfield, Buckinghamshire,
HP9 1NB
**----- End of picture text -----**
**Name of chief executive or names of senior staff members (Optional information)**
## **Section B Structure, governance and management**
## **Description of the charity’s trusts**
Type of governing document
- (eg. trust deed, constitution)
How the charity is constituted
- (eg. trust, association, company)
Constitution Charitable Incorporated Organisation
Trustee selection methods Appointed by resolution at a meeting of charity trustees
- (eg. appointed by, elected by)
## **Additional governance issues (Optional information)**
You **may choose** to include additional information, where relevant, about:
- policies and procedures adopted for the induction and training of trustees;
- the charity’s organisational structure and any wider network with which the charity works;
- relationship with any related parties;
- trustees’ consideration of major risks and the system and procedures to manage them.
## **Section C Objectives and activities**
To aid the funding of research into brain tumours (glioblastoma) with the team of neurosurgeons at the John Radcliffe Hospital, Oxford.
**Summary of the objects of the charity set out in its governing document**
March **2012**
**TAR**
2
**Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)**
As flagged last time we commenced implementation this year of the trial to improve neurosurgery We are contributing 100k pounds a larger charity in excess of 1 million pounds We also agreed to implement two further trials One to research the real benefits of repeat surgery on the same patient the second to test the efficacy of new drugs on surgery We agreed both to be funded up to 100k pounds and expect a larger charity to invest a much larger sum as a result of our commitment
## **Additional details of objectives and activities (Optional information)**
You **may choose** to include further statements, where relevant, about:
- policy on grantmaking;
- policy programme related investment;
- contribution made by volunteers.
## Section D Achievements and performance
**Summary of the main achievements of the charity during the year**
As above we have launched one trial and agreed 2 further trials for implementation in subsequent years We have also established a corporate sponsor who has contributed 30 k pounds two years running This company is Seven healthcare We have continued our policy of having no fixed costs and so can invest all contributions in delivering our objectives consistent with maintaining a positive bank account
March **2012**
**TAR**
3
## **Section E Financial review**
The Trustees’ policy is to maintain sufficient cash resources to cover **Brief statement of the** expenses during periods when income receipts are low. The Charity aims **charity’s policy on reserves** for a reserve fund of 12 weeks core running costs to be held in unrestricted funds which amounts to approximately £600.
At the period end the amount in unrestricted funds is £198,326.
The level of reserves is reviewed annually to ensure the level of reserves is maintained at or near an appropriate level.
**Details of any funds materially in deficit**
N/A
## **Further financial review details (Optional information)**
You **may choose** to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
We have raised funds from patients and their families as our main source of funding.
Our principal aim is to fund research into brain tumours and the Trustees will ensure that any expenditure to aid this will be forthcoming from any funds raised.
- how expenditure has supported the key objectives of the charity;
- investment policy and objectives including any ethical investment policy adopted.
## **Section F Other optional information**
## **Section G Declaration**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
## **Signature(s)**
**Full name(s)** Peter Erskine
**Position (eg Secretary, Chair,** Trustee **etc)**
**Date** 24/03/2026
March **2012**
**TAR**
4
**----- Start of picture text -----**
Brainstorm (The Oxford Brain Tumor Research 1178275
Foundation) CIO
Receipts and payments accounts CC16a
For the period 01/06/2024 31/05/2025
To
from
Section A Receipts and payments
Unrestricted Restricted Endowment
Total funds Last year
funds funds funds
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donations 51,153 - - 51,153 48,599
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Sub total (Gross income for
51,153 - - 51,153 48,599
AR)
A2 Asset and investment sales,
(see table).
- - - -
- - - - -
Sub total - - - - -
Total receipts 51,153 - - 51,153 48,599
A3 Payments
Accountancy fees 3,268 - - 3,268
Enthuse fees 785 - - 785
Website fees (repaid to trustees) 2,175 - - 2,175 878
Research trial fees - - - 100,000
Trustee repayments - - - 37
- - - - -
Sub total [ 6,228 ] - - 6,228 100,915
A4 Asset and investment
purchases, (see table)
- - - -
- - - -
Sub total [ - ] - - - -
Total payments 6,228 - - 6,228 100,915
Net of receipts/(payments) 44,925 - - 44,925 - 52,316
A5 Transfers between funds - - - - -
A6 Cash funds last year end 153,401 - - 153,401 205,717
Cash funds this year end 198,326 - - 198,326 153,401
**----- End of picture text -----**
24/03/2026
CCXX R1 accounts (SS)
1
|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**|**Section B Statement of assets and liabilities at the end of the period**||
|---|---|---|---|
|**Categories**
Signed by one or two trustees on
behalf of all the trustees
**B1 Cash funds**
**B2 Other monetary assets**
**B3 Investment assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**|(agree balances with receipts and payments
account(s))
**Details**
Bank account 1
**_Total cash funds_**
**Details**
**Details**
**Details**
Signature
**Details**|**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**198,326**
**-**
**-**
**-**
**-**
**-**
**198,326**
**-**
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**asset belongs**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**
**-**
**-**
**-**
**-**
**-**
Print Name
Peter Erskine|**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**|
||||**-**|
||||OK|
||||**Endowment**
**funds**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**Current value**
**(optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**When due**
**(optional)**
Date of
approval
24/03/2026|
24/03/2026
CCXX R2 accounts (SS)
2
## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF BRAINSTORM (THE OXFORD BRAIN TUMOUR RESEARCH FOUNDATION) CIO**
I report to the trustees on my examination of the accounts of Brainstorm (The Oxford Brain Tumour Research Foundation) CIO for the year ended 31 May 2025, which comprise the receipts and payments account, the statement of assets and liabilities and the related notes.
## **Respective responsibilities of trustees and examiner 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 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 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 charity as required by section 130 of the Act; or
2. the accounts do not accord with those records.
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.
Name: Keir Singleton FCA
Address: S&W Audit 22 Wycombe End Beaconsfield Buckinghamshire HP9 1NB
24/03/2025
1