OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-07-31-accounts

Objectiv e s and Activ iti es es
SORP reference
Summary ofthe purposes of Para 1,17 To relieve sickness and to preserve and
the charity as set out in its protect good health for the public benefit by
governing document making
grants
initially to fund a new
treatment called MR Guided Focused
Ultrasound Thalamotomy
and other
research into Parkinson's
Disease and
similar conditions.
Summary
activities		 ofthe main
in relation to those		 Para
1.'l9		 1.17and The sale ofIee-shirts and collection
other donations
related to the band		 of
Judas
purposes for the public Priest
benefit,
in		 particular, the
activities, projects or
services identified
in		 the
accounts.
Statement confirming Para 1.18 We have referred to the guidance
whether the trustees have contained in the Charity Commission's
had regard to the guidance general guidance
on public benefit when
issued by the Charity reviewing our aim and objectives and in
Commission
on public		 planning
our future activities.
benefit
dditional information (optional)
ou ma
choose to include		 further statements where relevant
about:
SORP reference
The aim ofthe charity
will be to provide
Para 1.38 grants
initially to fund a new treatment
Policy on grant making called MR Guided Focused Ultrasound
Thalamotomy
and other research
into
Parkinson's Disease and similar conditions.
n/a
Para 1.38
Policy on social investment
including program
related
investment
n/a
Pere 1 38
Contribution made
by
volunteers

Achieve ments
and Per		 formance
SORP reference
Donations to Imperial College London, and
in particular MR Guided Focused
Ultrasound Thalamotomy will be made in
Summary
ofthe main
achievements
ofthe charity,		 Para 1.20 the coming months.
identifying the difference the
charity's work has made to
the circumstances
of its
beneficiaries
and any wider
benefits to society as a
whole.
Achievements
against		 Para 1.41
objectives set
Performance
of fundraising
activities against objectives Para 1.41
set
Investment
performance		 Para 1.41
against objectives
Other

inancial
Review
Review ofthe charity's Para 1.21 Sound financial position
financial
position at the end
ofthe
eriod
Statement
explaining
the		 Para 1.22 No policy
policy for holding
reserves
statin
wh
the
are held
Amount
of reserves
held		 Para 1.22 f25,106
Reasons for holding zero Para 1.22 n/a
reserves
Details of fund materially in Para 1.24 n/a
deficit
Explanation
ofany		 Para 1.23 No uncertainty
uncertainties
about the
charity continuing
as a going
concern

The charity's
principal
sources offunds (including		 Para 1.47
any fundraising)
Investment
policy and
obiectives
including
any		 Para 1.46
social investment
policy
adopted
A description
ofthe principal		 Para 1.46
risks facing the charity
Other

Structure, Governa nce and Manag ement
Description
of charity's
trusts:
Type ofgoverning
document		 Para 1.25 Trust deed
.2':.'PI dies
.. 'oval chalierl
How is the chadty Para 1.25 CIO
constituted?
(5
. r.nlrlr. l. 'rp
rsrr 6
ssso' lsilon,
CIO)
Trustee selection methods Para 1.25 No formal selection methods. It is basically
including
details of any		 Glenn Tipton himself, his accountant and
constitutional
provisions		 e.g. his business manager.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Additional
information		 (optionall
You ma
choose to include further statements		 where relevant about:
Policies and procedures
adopted for the induction Para 1.51
and training
oftrustees
The charity's
organisational
structure
and any wider		 Para 1.51
network
with which the
charity works
Relationship
with any related		 Para 1.51
parties
Other

Chari name The Glenn Ti ton Parkinson's Foundation
Other name the chari uses
Re istered chari number 1179695
Charity's principal address c/o Churchill Groves
4 Cannock Road
Chase Terrace
Burntwood
Staffordshire
WS7 9JQ
Funds held as custodian Funds held as custodian trustees on behalf ofothers
Description
ofthe assets		 hlone
held in this capacity
Name and objects ofthe n/a
charity on whose behalf the
assets are held and how this
falls within the custodian
charity's objects
Details ofarrangements for n/a
safe custody and
segregation
ofsuch assets
from the charity's
own
assets

Names and addresses
of		 advisers (Option
Type of Name Address
adviser

Z
8 Restricted
Unrestricted income Endowment Total this Total last
10 funds funds funds year year
E E E E E
Fixed assets F01 F02 F03 F04 F05
Intangible assets (Note 15) B01
Tangible assets (Note 14) B02
Heritage assets (Note 16) B03
Investments (Note 17)
Total fixed assets
Current assets
Stocks (Note 18) B06
Debtors (Note 19) 607
Investments (Note 17.4) 606
Cash at bank and in hand (Note 24) eoe 25,106 6,392
Total current assets 610 25,106 25,106 6,392
Creditors; amounts falling due within
one year (Note 20) B11 500
Net cunenf assets/(liabilities) e12 25,106 25,106 5,892
Total assets less current liabilities e13 5,892
Creditors: amounts falling due after
one year (Note 20) 614
Provisions for liabilities B15
Total net assets orliabilities B16 25,106 25,106 5,892
Funds ofthe Charity
Endowment funds (Note 27) 617
Restricted income funds (Note 27) 616
Unrestricted funds B19 25,106 25,106 5,892
Revaluation reserve 620
Total funds 621 25,106 25,106 5,892
Signed by one ortwo trustees on behalf of ell Date of
the trustees Signature Print Name approval
dd/mm/
lan S Brown

No material
prior year error have been identified
in		 the reporting period (3.47FRS 102 SQRP).
Yas
No
v'
-Tick ae appropriate
Please disclose:
(i) the nature ofthe prior period error; Nct applicable
(ii)foreach prior period presented in the accounts, the
amount ofthe correction foreach account lineitem
affected; and Not applicable
(iii) the amount ofthe correction at the beginning ofthe
earliest prior period presented in the accounts. Not applicable

Note 2 Accounting
policies
2.2 INCOME
This standard iisl ofaccounting po//cies hes been applied by the chanty except iar those f/eked
No' or "AVe'.
I/I/hera e
diffemnf oradd/fiona/policy has been adopted then lh/s isdelhi/edin
the box be/ow.
Recognition ofIncome These are included
in Ihe Statement af Financial
Adfvfiies (SaFA) when:
~
lhe charity becomes entitled ta the resources;
it is more likely than nol that the trustees
will receive the resources;
and		 Yea No N/a
~
the monetary
value can be measured
with sufficient
raliabifity.
Offsetting There has been no offselting afassets and liabilities,
ar Income and expenses,
unless
ar permitted
by tile FRS 1D2SORP or FRS 102.		 required Yes No N/s
Yea Na N/a
Grants and donations Grants and donations
are only included
in Ihe SoFA when the general income
recognition
criteria are met (5.10to 5.12FRS102SORP),
In the case of performance
related grants,
income must only be recagnised
to the extent		 Yes No N/a
Ihal the charity has provided
Ihe specNed goods orservices as enfillement
to the grant
only accum when the performance
relatetf canditions
are met (5.16FRS 1D2SORP).
Legacies Legacies are induded
in the SOFA when receipt is probable,
that is, when there has		 Yee Na N/a
been grant ofprabate, the executors have established
that there are sufficient assets in
the estate and any conditions
atlsched to the legacy are either within the control afthe
chanty sr have been met
Government grants The charily has received government
grants
in the repaftlng
period		 Yes No N/a
Gilt Aid receivable!s included
in incame when them is a valid dedaratian
from the
Tax reclaims on
donagons
and gifls		 danor.
Any Gift Aid amount
recovered
on adanation
is considered
to be part ofthat gift
and is treated as an additfon to the same fund as the inilisl donation
unless the donor or		 Yes No Nia
the terms oftha appeal have specified atlierwise.
Contractual
income and
performance
related		 This Is only mdudsd
in the SaFA once the charity has provided the misted goads or
services ormet the perfonnance
related conditions.		 ea Na N/a
grants
Donated goads Donated gaads are measured
at fair value (Ihe amount for which the asset could be
exchanged)
unless impractical
to do so.		 Yes No N/a
The cost af any stack afgoods donated for distribution
to benefidaries
Isdeemed to be
the fair value af those gifts al the time oftheir receipt and they are recognised
an		 Yes No N/a
receipt
In the reporting
penod
m which the stocks are distributed,
they are recagnlsed
as an expense at the carrying
amount afthe stocks at distribution,
Danated goods for resale are measured
at fair value on Initial recognitian,
which is the
expeded proceeds from sale less the expected casts af safe, and recognised
fn 'Income
from other tradmg
activitfes'
with the corresponding
stadc recagnised
in the balance		 Yee No N/a
sheet.
On its sale the value ofstock is charged agafnst 'Incame fram other trading
adivities'
end Ihe proceeds fram sale are also recognised as 'Incame from other trading
activities',
Goods donated
far on-going use by the charity are recognised as tangible
fixed assets		 Yes No N/s
snd induded
in the SaFA as incoming
resaurces when receivable.
Gifts in kmd for use by the charity sre included
in the SoFA as incame from donations		 Yes No N/a
when receivable.
Donated services and Donated services and facilities are induded
in the SOFA when
received atthe value af		 Yes No iv/a
facilities the gifi ta the charity provided
the value ofIhe gilt can be measured
reliably.
Oanated services and fadlitles that are consumed
immediately
are recognised as
income wilh an equivalent
amount
recognised as an expense under the appraPriate		 Yes No N/a
heading
in the SOFA.
Support casts The charity has incurred
expenditure
an support costs.		 Yee Na N/a
I/aluntacr
help		 I/aluntacr
help		 The value ofany vofunlary
help received
is not included
fn the accounts
bul is descnbed
in the trustees'
annual
report.		 Yes No N/a
Incame fram interest, This is induded
In the accounts when receipt is probable
and the amount raoeivable can		 es No N/a
royalties and dividends be measured
reliably
Incarne fram membershfp Membership
subscriptians
received
fn the nature ofa gifl are recagnised
in Danatians		 Yes Na N/a
subscrfptlons and Legacies.
Msmbemhlp
svbscriplions
which gives a member the right ta buy senrices or other		 as Na N/a
benefits are mcognised as incame earned
fram the provision ofgoods and services as
income from charitable
activities.
Settlement af Insurance
claims		 Insurance
daims sre only included
in the SoFAwhen the general
income
recognition
cnteria are met (5.1Dto 5.12FRS102SORP) and are mcluded as an item afother		 Yea No N/a
income
in the SoFA.
Investment
gains and
losses		 This indudcs any realised or unrealised
gains ar losses an the sale of investments
and
any gain or loss resulting
fram revaluing
invesbnents
ta market valve atthe end oftho		 Yes hlo N/a
year.
2.3 EXPENDITURE AND LIABILITIES
Llabffity recognftian Lfabfiuies are recognised
where
il ismore fikely than not that there isa legal or		 Yes No N/a
constructive
obligation
cammitting
the charity ta pay aut resaurces
and the amount of
the obligation
can be measured
with reasonable
certainty.
Governance
casts		 &
and support		 Support costs have been allocated
between gavemance
costs and other support.
Gavemanas
costs cmmprise
all casts invalving
public accountability
ofthe charity and its		 es a a
compliance
with regvlation
and gaud pradice.
Support costs include central functions
and have been allocated ta ardfvfty cast
categanes
on a basis cansistent
with thc vse ofresources,
eg allocating
praperty costs		 Yes No N/a
by floor areas, sr per capita, staff costs by the time spent and other costs by their
usage.
Grants with performance
conditions		 Where the charily gives a grant with canditians
for its payment
befng a specific level of
service or autput
to be provided,
such grants are anly recognised
in Ihe SoFAance the
reap!ant ofthe grant has provided
the specified service or output.		 es No N/a
Grants payable withaut
perfonnance
conditions		 Where there are no conditions atlschfng to the grant that enables the donor charity to
realistically
avoid the commitment,
a liability for the full funding
abligatian
must be
rccogniscd.		 Yes No N/a
Redundancy
cost		 The charity made no redundancy
payments
dunng
the reporling
period.		 Yes No N/a
Deferred income No material
item ofdeferred
income has been mduded
in the accaunls		 Yes No N/a
Cmditam The charity has creditors which are measured
at settlement
amounts
less any trade		 es No N/a
discounts
Provisions far ffabllitles A liability
is measured
on recognition
al its historical cost and then subsequently
measured
at the best estimate ofthe amaunt
required
ta settle the obligation
at the		 Yes No N/a
reparting
date
Saslc financial
Instruments		 The charity accounts for basic financial
instruments
an initial recogmtian as per
paragraph
10.7FRS102SORP. Subsequent
measvremenl
isas per paragraphs
11.17
to 11.19,FRS102SORP.		 Yea hlo N/a
2.4ASSETS
Tangible fixed assela for These are capitalised
ifthey can be used far mare than one year, and cost at least
use by charity
They are valued atcast Yea Na Nla
The depreciation
rates and methods
used are disclosed
in nate 9.2.
Intangible
fixed assets		 Tire charity has intangible
fixed assets, that Is, nan-monetary
assets that do nat have
physical substance
but are idenlifiable
and are canlrafied
by the charity through
custody		 Yes No N/a
or legal riglits.
The amartisation
rates and methods
used are disclosed
in nate 9.5
They are valued at cast. es No N/a
Heritage assets The charity has heritage assets, thai is, non-monetary
assets with historic, artistic,
scientific, technological,
geophysical
or environmental
qualities
thai are held
and		 The charity has heritage assets, thai is, non-monetary
assets with historic, artistic,
scientific, technological,
geophysical
or environmental
qualities
thai are held
and		 The charity has heritage assets, thai is, non-monetary
assets with historic, artistic,
scientific, technological,
geophysical
or environmental
qualities
thai are held
and		 Yes No N/a
maintained
principafiy
for their contribution
to knowledge
and culture.		 The depreciation
rates and methods
used as disclosed
in nots 9.6.1.4.
Yes No N/a
They are valued at cost
Investmerds Fixed asset investments
in quoted shares, traded bonds and s/miler		 investments
are
vs/ued
at initially at cost and subsequently
at fair value (their market		 value) atthe year Yes No Nla
end. The same treatment
Isapplied to unlisted
investments
unless fair value		 cannot be
measured
mfiably
in which case it is measured
at cost less impairment.
Investments
held for rassle or pending
their sale and tash and cash		 equivalents
with a		 Yes Ifo N/a
maturity
data ofless than
1 year are treated as current asset investments
Stocks and work in Stocks held for sale as part ofnonudraritable
trade are measured
at		 the lower orcost or net Yes No N/a
prog mes reaiisable value.
Goads or services provided as part ofa chantable
activity are measured
at net realisable		 value No N/a
based on the service potential
provided
by items ofstock.
Work in progress
Ix valued at cost less any foreseeable
loss that is likely to occur on the		 No N/a
contract.
Debtom Debtors (induding
trade debtors and loans receivable) are measured
settlement
amount after any trade discounts
or amount advanced
by		 on initial recogmtion
at
the charity.
Subsequently,		 Yea No N/a
they are measured
atthe cash or other considerat/on
expected lo be		 received.
Current asset The charily has has invsstmenls
which
it holds for resale or pending
their sale
cash equivalents
with a maturity
date less than one year. These indude cash		 and cash
on deposit		 and
and		 Yes No Nla
Investments cash equivalents
with a maturity
date of less lhsn one year held for investmanl		 purposes rather
Ihan to meet short term cash commitments
as they fall due.
Yes No hya
They are valued at fair value except where they quail/y as basic financial
instruments.
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE
Note 3 Note 3 Analysis of income Analysis of income Analysis of income Analysis of income Analysis of income Analysis of income
neutr/cteu
unrwrtrluuru Incarua Endowment
Anal is funda funds funda Total funds
f		 Prioryssr
E
Doiiatlone Donations and ilts 19343 19343 39594
and legacies: GIRAid
Le ades
General grants provided by government/other
chariyies
Membemhip subscriplions and sponsorshlps
which are in substance donations
Donated goods, facilities and services
Other
Total 19,343 19,343 39,594
Charitable
activities:
Other
Total
Other trading
activities:
Other
Total
Income from Interest income
investments: Dividend income
Rental end leasin income
Other
Total
Separate
material Item
ofIncome:
Total
Other: Conversion ofendowment funds into income
Gain on disposai ofs tangib/e
lixed asset
held for chari s own use
Gain on disposal ofa programme
re/ated
investment
Royalties from the exp/oitabon
of intellectual
props ri his
Other
Total
TOTAL INCONIE 19343 19343 39594
Other Information:
All Income ln the prior year was unrestricted except for.
(phrase provide description and amounts)
Where any endowment
fund		 ls converted Into Income In the
reporting period, phase give the reason for the convemlon.
Within the Income hams above the following Items are
materlab (plume dncloss the nature, amount and any pr/or
year amounts)

ives paid p lease en ter '0
' in the approptfate
box(es).
This year
R		 Last year
f
Independent examiner's fees
Assurance services other than audit or independent examination
Tax advisory fees
Other fees (for example: financial advice, consultancy, accountancy services) paid
tothe independent examiner

13.1 A nal ysis ofgrants paid (i ncluded
in cost ofcharita		 ble
activities)
Grants to Grants to
Analysis institutions individuals Support costs Total
Im rial Colic e
Activi or ro'ect 3
Activi or ro'ect4
Total

13.2Grants made to institutions 13.2Grants made to institutions 13.2Grants made to institutions 13.2Grants made to institutions
itty charrty has made grants toparticular institutions
that are material In
the context ofits grantmaking.
Details ofthe insth'ution
supported,
purpose ofthe grant and total paid to each Institution
is available
on the
charity's
web sile.		 Ho Please provide
defails ofcharity's
URL.
Pmvide details
below
Names ofinstituSon purpose Total amount of
rants paid t:
Total grants toinstitutions
in reporting penod
Other unanalysed
grants
Amounts falling due Amounts falling due after
within one year more than one year
This year Last year This year
Last year
500
Total 500

Note 24
Cash		 at bank and in hand
This year
f		 Lest year
f
Short term cash investments (less than 3months maturity date)
Short term deposits
Cash
Other		 at bank and on hand 25,106 6,392
Total 6,
Keyr -permanent
funds		 endowment
fondsl E		 - expandible
endawment
f		 under R - nwrlct ed Incame fu nda, Including special trusts. ofth e ctmrttpl
end U-rm		 natrlmed
Fund Fund
Type PE, EE
RorUR'		 Purpose and Restrlctlons bstancxm
brouyht		 Gains snd balances
carried
forward Income Expendnure tomas forward
Fund names E 2 E 5 2
General Fund UR To hold tunds lor charitable rarlls 5992 19343 - 129
N/s Nla
TotslFunds 25.105