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2023-07-31-accounts

SORP reference
Summary
ofthe purposes of
the charity asset out in its		 To relieve sickness and to preserve and
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 1.17and
1.19		 The sale oftee-shirts
and collection of
other donations
related to the band 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 tothe guidance general guidance
on public benefit when
issued
by the Charity
Commission
on public		 reviewing
planning		 our aim and objectives and in
our future activities.
benefit
Additional information information information (optional) (optional)
You ma choose to include further statements where relevant about:
SQRP 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
Para 1.38
Contribution made by
volunteers

chieve 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 Para 1.20 the coming months.
achievements
ofthe 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.
Achievements
against		 Para 1.41
objectives set
Performance
offundraising
activities against objectives		 Para 1.41
set
Investment
performance		 Para 1 41
against objectives
Other

inancial Review 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 ofreserves held Para 1.22 6117,178
Reasons for holding zero Para 1.22 n/a
reserves
Details offund 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 147
any fundraising)
Investment
policy and
objectives 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
ofcharity's
trusts:
Type ofgoverning
document		 Trust deed
How is the charity Para 1.25 CIO
constituted?
Trustee selection methods Para 1.25 hlo formal selection methods. Itis 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		 (optional)
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

Charit name The Glenn Ti ton Parkinson's The Glenn Ti ton Parkinson's Foundation
Other name the chari uses
Re istered chari number 1]79695
Charity's principal address c/o Churchill Groves
4 Cannock Road
Chase Terrace
Burntwood
Staffordshire
WS7 9JQ
mes ofthe charity trust ees who manage the charity
Trustee name Office (ifany) Dates acted ifnot forwhole
ear		 Name
tea		 ofperson (or body) entitled
oint trustee
ifan
Glenn Raymond
Tipton
lan Stewart Brown
FCA
Jayne Wendy
Andrews
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

Description
ofthe assets		 None
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 of arrangements 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

/EHARITY COMMISStON COMMISStON COMMISStON COMMISStON The Glenn Tipton Parkinson's Tipton Parkinson's Foundation Foundation Charity
if an		 No 1179695
FOR ENGtANO ANO WALES
Annual accounts for the eriod
Period start date 01/08/2022 To Period end
date		 31/07/2023
~
~
8 Restricted
Recommended
categoriee		 by Unrestricted income Endowment Prior year
artlvity funds funds funds Totalfunde funds
E 5
incoming
resources		 (Note 3) FO'l F02 F03 F04 F05
InCOrne and endOWmentS fram:
Danstians
and lsgsciss		 801 43,679 43679 48 768
Chsntsbls
aclivieiss		 902
Other trading sdiviliss 803
Invss/ments S04
Separate mslensl
item Of inCOme		 Sas
Oihbr Sbs
Total 807 43 679 43679 48768
Resources expended (Note 6)
Expenditure
on:
Raising funds
cha ri/able acsvibes 909
Separate material
item ofexpense		 810
Other 311 187 187 190
Total 912 187 187 190
Net income/(expenditure) before investment
gains/(losses) 813 43,492 43,492 48,578
Net gains/(lasses)
on lnvsstmsnls		 914
Net income/(expenditure) 818 43,492 43,492 48,578
Extraordinary
items		 S18
Transfers
between		 funds Slr
Other recognised gains/(losses):
Gains and lasses on rsvslustian offixed assets for the chsriiy's awn use 818
Other ga/ns/(lossssi S19
Net movement
in funds		 320 43 492 43492 48578
Reconciliation offunds:
Tatal funds braught
farwsrd		 S21 73,684 73,684 25,106
Total funds carried forward 822 117 176 117,176 73684
1
80z
8 Restricted
e
22		 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) 602
Heritage assets (Note 16) 603
Investments (Note 17)
Total fixed assets BD5
Current assets
Stocks (Note 18)
Debtors (Note 19) 607
Investments (Note 17.4) 608
Cash at bank and in hand (Note 24) BDQ 117,176 117,176 73,684
Total current assets B'10 117,176 117,176 73,684
Creditors: amounts falling due within
one year (Note 20) B'l1
Ivet current assetsl(liabilities) 612 117,'l76 117,176 73,684
Total assets less current liabilities 613 73,684
Creditors: amounts falling due after
one year (Note 20) B14
Provisions for liabilities 615
Total net assets orliabilities 618 «7 176 117,176 73,684
Funds ofthe Charity
Endowment
funds		 (Note 27) B17
Restricted income funds (Note 27) B'18
Unrestricted
funds		 618 117,176 117,176 73,684
Revaluation
reserve		 62D
Total funds 621 117,176 117,176 73,684
Signed
by one ortwo		 trustees on behalf ofall Date of
the trustees Signature Print Name approval
dd/mm/
lan S Brown 10/10/2023

(i) the nature of any changes; Not appkcable
(ii) the effect ofthe change onincome and expense or
assets and liabilities for the current period; and		 Not applicable
(iii) where practicable,
the effect ofthe change in one or
more future periods. Not applicable
Yes"
No
-Tick ae appropriate
Please disclose:
(i) the nature ofthe prior period error; Not applicable
(ii)foreach prior period presented in the accounts, the
amount ofthe correction foreach account linei tern
affected; and Not applicable
(if' the amount ofthe correction at the beginning ofthe
earliest prior period presented
in the accounts,		 Not applicable

firis s/enderd firis s/enderd liat a/ accounhng
po/ic/es has been app/ied
by /he ebs niy except for those ticked "7/o ar "Aye5 I%hem a		 liat a/ accounhng
po/ic/es has been app/ied
by /he ebs niy except for those ticked "7/o ar "Aye5 I%hem a		 liat a/ accounhng
po/ic/es has been app/ied
by /he ebs niy except for those ticked "7/o ar "Aye5 I%hem a		 liat a/ accounhng
po/ic/es has been app/ied
by /he ebs niy except for those ticked "7/o ar "Aye5 I%hem a		 liat a/ accounhng
po/ic/es has been app/ied
by /he ebs niy except for those ticked "7/o ar "Aye5 I%hem a
di/fereni or addi//ona/ pa/ey Iias bean adopted then this isdalai/ed
/n lhe box below.
Recognltlon a/Income These are induded
in the Statement
af Financial Activities (SoFA)when:
~
the charity becomes entitled to the resources;
it is more likely than not that the trustees
will receive the resources; and		 Yes Na N/a
~
the mOnetary
value
Can be measured
with suifiaent
reliability.
There has been no offsetting ofassets and liabilkies, or income and expenses, unless required Yea Na N/s
Offsetting or permitted
by the FRS 102SORP or FRS 102.
Yes No N/s
Grants and donations are only induded
in the SoFA when the general
income
Grants and donations recagnition
criteria are met (5.10to 5.12FRS102SORP).
In the case ofperformance
related grants,
income must only be recagnissd to		 the extent Yas No N/s
that the charity hss provided
the speeded goads orservices as entitlement
ta		 the grani
only occurs when the performance
related conditions are met (5.16FRs 102soRP).
Legacies Legades are induded
in the SOFA when receipt is probable,
that is, when there has		 Yes No hl/s
been grani ofprobate, the executors have established
that there are sufficient		 assets in
the estate and any conditions
attached
ta the legacy are either within the control ofthe
charity or have been met.
Yes Na N/s
Government grants The charity has received government
grants
in the reporting
period
Gilt Aid receivable
is induded
in income when there Isa valid declaration
fram		 the
Tax rerlaims on donor.
Any Gifi Aid amount recovered
on a donation
is considered
ta be part		 ofthat gitt Yes No N/a
donations and gifts and is treated as an additian tathe same fund as the initial donafion
unless the donor		 ar
the terms af the appeal have specified otherwise.
Yes No N/a
Contractual
performance		 Income
related		 and This is anly included
in the SoFA once the charity has provided the related geode or
services or met the performance
related conditions.
grants
Yes No N/s
Donated goods Donated gauds are measured
al fair value (the amount for which the asset could be
exchanged)
unless impractical
todo so.
The cost afany stock ofgoods donated
for distribution
to beneficiaries
is deemed
to be
the fair value ofthose gilts at the time oftheir receipt and they are recognised
on		 Yes No N/a
reosipt
In the reporting
period
in which the stocks are distributed,
they are recognised
as an expense atthe carrying
amount ofthe stocks at distribution.
Donated goads for resale are measured
at fair value on initial recognition,
which
is the
expected proceeds from sale less the expected costs af sale, and recognised
in 'Income
from other trading
acbvities'
with the corresponding
stock recogmsed
in the balance		 Yes No N/a
sheet
On its sale the value ofstack is charged against 'Income from other trading
activities' and the praceeds from sale are also recagnised as 'Income from other trading
adivities'.
Yes No N/a
Goads donated
foran~clog use by the chariity are recognised as tangible
fixed assets
and mduded
In the SaFA as incoming
resaurces when receivable.
Yes No N/a
Gfits in kind for use by the charity are induded
in the SoFA as Income from donations
when receivable.
Donated services and Donated services snd facilities are indudad
in the SOFA when received at the		 value of Yes No N/a
facilities the gifl ta the charity provided
ths value ofthe gift can be measured
reliably.
Donated services and fadlities that are consumed
immediately
are recognised		 as Yes No N/a
incame with an equivalent
amount recognised as an expense under the appropriate
heading
in the SOFA.
Yes No Nra
Support casts The charity has incurred
expendfiure
on support casts.
Volunteer
help		 Volunteer
help		 Volunteer
help		 The value of any voluntary
help received is nol induded
m the accaunts
but isdescribed
m the uustses'
annual
report.		 The value of any voluntary
help received is nol induded
m the accaunts
but isdescribed
m the uustses'
annual
report.		 Yes No N/a
es Na N/a
Incarne from Interest, This is included
in the accounts when
receipt is probable and the amount receivable		 can
royalties and dividends be measured
reliably.
Yas Na Nla
Income from membership Membership
subscriptions
received
in the nature ofa gift are recognised
in Donatians
subsarlptions and Legacies.
Membership
subscriptions
which gives a member the right to buy services orother		 es o Nla
benefits are recognised as incame earned
from the provision ofgoods and serviaas		 as
income from charitable
activities.
Settlement
claims		 ofinsurance Insurance
claims are anly included
in the SoFAwhen the general income recognition
cnteria are met (5.10to5.12FRS102SORP) and are included as an item ofother
income
in the SCFA.		 Yes Na Nla
Investment
lasses		 gains and This indudes
any realised ar unrealised
gains or losses on the sale ofinvestments
and
any gain ar loss resulting
from revaluing
investments
to market value atthe and ofIhe		 Yes Na Nla
year.
2.3 EXPENDITURE AND LIABILITIES
Liability recognition Liabilities are recognised where
it is more likely than not that there isa legal or		 Yea No Nla
construative
obligation
committing
the charity to pay out resources
and the amaont		 of
the obligation can be measured
with reasonable
certainty.
Governance
costs		 &
and support		 SoPPort costs have been allacated between governance
costs and other suPPort.
Governance
casts comprise
all costs involving
public accountability
ofthe chanly and its
campliance
with regulation
and good pradice.		 es o a
Support coals indude central functions
and have been allocated to activity cost		 Yes No N/a
categanes an a basis cansistent
wdh the use ofresources, eg allocating
property costs
by floor areas, or per capita. staff costs by the time spent and other costs by their
usage.
Grants with
conditions		 performance Where the charity gives a grant with conditions far its payment
being a spedfic level of
service or output to be pravided,
such grants are only recognised
in the SoFA ance tile
recipient sf the grant has provided the specified service or output.		 es No N/a
Grams payable without
performance
conditions		 Where there are na conditions
attaching to the grant that enables the donor charity
realistically
avaid the cammitment,
a liability for the full funding
obligation
must be
recagnised.		 to Yes No N/a
Redundancy cost The charity made no redundancy
payments
during the reporting
period.		 Yes No N/a
Deferred income No material
item ofdeferred
income has been included
in the accounts.		 Yes Na N/a
Yea No N/a
Creditors The charity has creditors which are measured
at seNement
amaunts
less any trade
discounts
A liability
is measured
on recagnition
at its historical cost and then subsequently		 Yes No N/a
Provisions for lia big ties measured
atthe best estimate ofthe amount
required
to seNe tire obligation atthe
reporting
date
Basic financial
instruments		 The charity accounts for basic financial
instruments
on initial recognition as per
paragraph
10.7FRS102 SORP. Subsequent
measurement
isas per paragraphs
11.1/
ta 11.19,FRS102SORP.		 Yes Na Nla
2.4ASSETS
Tangible fixed assets for These are capitalised
ifthey can be used for mare than ane year, and coal at least
use by charity Yes Na Nla
They are valued at cost.
The depreCiation
rates and methoda
used are disclosed
in note 9.2.
Intangible
fixed assets		 The charity has intangible
fixed assets, that is, non-monetary
assets that da not have		 Yes Na N/a
physical substance
but are identi/iable
and are canlrollad
by the chanty through
custody
orlegal rights.
The amartisation
rates and methods
used are disdosed
in note 9.5
ea No IV/a
They are valoed at Cast.
Note 3 Analysis Analysis Analysis Analysis of Income Income Income Income
Ruutriutuc
Uuruu/rlciud income Endowment
funds funds funda Total funds Prier yuur
Anal sis E
Donatlo/ts Donations and ills 43679 43679 48,768
and legacies: Gift Aid
Le acies
General grants provided by government/other
charities
Membership subsciiptions and sponsorships
which are in substance donations
Donated goods, facilities and services
Other
Total 43,679 43,679 48,768
Charitable
activities:
Other
Total
Other trading
activities:
Other
Total
Income from Interest income
Investments: Dividend income
Rental and ieasin income
Other
Separate
material Item
ofIncome:
Total
Other: Conversion ofendowment funds into income
Gain on disposal of a tangible fixed asset
heldforchari 'sownuse
Gain on disposal of a programme related
mvestment
Royalties from the exploitation of intellectual
ro ri hts
Other
Total
TOTAL INCOME 43,679 43,679 48,768
Othurln/ornwtlun:
All income In the prior year was unrestricted except for:
(please provide description snd amounts)
Where uny endowment
fund		 ls converted into income In the
repomng period, please give the reason forthe conversion,
Within the Income Items above the fogowlng Items are
materlsh (please disclose the nature, amount end uny prior
year amounts)