CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 01108123 To 31107124 Charity name.. THE GLENN TIPTON PARKINSON'S FOUNDATION Charity registration number." 1179695 Objectives and Activities Summary of the purposes of the charity as set OLrt in its goveming document Para 1.17 To relieve sickness and to preseNe and protect g¢y)d health for the public benefft by making grants inilially to fund a new treatment called MR Guided Focused Uttrasound Thalamotomy and other research into Parkinson's Disease and similar condttions. The sale of tee-shirts and collection of other donations related to the band Judas Pfiest Summary ofthe main activities in relation to those purposes for the public benefft. in particular, the activities. projects or services identrfied in the accounts. Slatement confirniing whether the trustee5 have had regard lo the guidance issued by the Charity Commission on public benefit Parn 1.17 aTrJ 1.19 Pwa 1.18 We have referred to the guidan contained in the Charty Commission's general guidan￿ on public benefft when revie￿Wn9 our aim and objectives and in planning our future activities. Additional infonnation (optional) You ma choose to include further statements where relevant about.. SORP rele￿rte The aim of the charity will be to provide grants initially to fund a new treatment called MR Guided Focused Ultrasound Thalamotomy and other research into Parkinson's Disease and similar conditions. nla Policy on grant making Para 1.38 Policy on social investment including program related investment Parn 1.38 nla Contribution made by volunteers Para 1.38 nla other Achievements and Performance Donations to Imperial College London. and in particular MR Guided Focused Ultrasound Thalamotomy made during the year of £100.000. Summary of the main achievements of the tharity. identfying the differen￿ the charity's work has made to the cIrcumstsn￿ of ils beneficiaries and any wider benefits to society as a whole. P*a 1.20 Additional infonnatron (optional) You ma choose to include further statements where relevant abo Achievements against objectives set Para 1.41 Perfomance of fundraising activities against objectives set Para 1.41 Investment perfomian against objectives Para 1.41 Other Financial Review Review of the charity's financial positson at the end of the nod Statement explaining the policy for holding reserves statin are held Amount of reserves held Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going con￿rn Para 1_21 Sound financial position p￿1.22 No policy Para 1.22 £28.987 Para 1.22 Para 1.24 nla Para 1.rJ No uncertainty Additional infonnation (optional) You ma choose to include further statements where relevant about The charitys principal sources of funds (including any fijndraising) Part 1.47 Investmenl policy and objectives including any social investment policy adopted Pan 1.46 A description of the prinapal risks facing the charity Para 1.46 other Structure. Governance and Management Description of charity's trusts: Type of governing document Para 1.25 Trust deed H¢)w is the charity constitLrted? p￿1.25 cio Ited Tnjstee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body enlitled to appoint one or more trustees Pwa 1.25 No fomial selection methods. It Is basically Glenn Tipton himself, his ac¢ountant and his business manager. Additional infonnation (optional) You ma choose to indude further ststements where relevant abouL' Policies and procedures adopted for the induction and training of trustees Para 1.51 The charity's organisalional stwcture and any wider network wtlh which the charity works Para 1.51 Relationship with any related parties Para 1.51 Other Reference and Administrative details Cha name Other name the chafi uses Re istered chari number Charity's principal address The Glenn Ti ton Parkinson's Foundation 1179695 cjo Churchill Groves 4 Cannock Road Chase Terrace Bumhvood Staffordshire WS7 9JQ Names of the charity trustees who manage the charity Trustso narne Dates aetsd if not for whol• ear Offiee lif any) Name of parson lor body) entltlod Int trustee Ifan Glenn Raymond Tipton lan Stewart Brown FCA Jayne Wendy Andrews 10 11 12 13 14 15 16 17 18 19 20 orate trustees~ names of the directors at the date the re rt was a Director name roved Name of trustees holding title to propety belonging to the charity Trustsg namè Dates aet8d if notforwhole ear Funds held as custodian trustees on behalf of others Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charivs objects nla Details of arrangements for safe custody and segregation of such assets from the charsty's own assets nla Additional infomiation (optional) Names and addresses of advisers (Optional infomiation) Type of Name Address adviser Name of chief executive or names of senior staff members {Optional inforniation) Exemptions from disclosure Reason for non-disclosure of ke rsonnel details No personnel other than unpaid trustees Other o None tional information Declarations The trustees declare that they have approved the trustees, report above. Signed on behalf of the charlty's trustees Signature(s) Full name(s) Position (eg Secretary, Chair. etc} lan Stewart Brown FCA Trustee Date 09110124 CHARITY COMMISSION FOR ENGLAND AND WALES The Gknn fipton ParfKÈnsonb Fwndalion Charili N'o 1179695 Annual accounts for the eriod Period start dale 0110812023 To enod e dale 31107r2024 Section A Statement of financial activities Restrl¢tgd Income funds Recornrnended catsgorfes by activity £ Unrestrkted Endowm•nt fund& Prior yaar funds Total funds In¢omlng resources {Note 31 IT￿Ome amd ènd¢swmontsfr)m: Donabonsand *g$eiÈS Chaffl•bbauJVfftS Othertra*w athth5 Investrxents F01 F02 F03 F04 F05 S01 12,056 12.056 43.879 Other Total Resources expended (Note 6) S07 12.056 12.056 Expend￿r¢ on: Chaftiatrde acbvitieJ 100.000 100,000 sjo S11 245 100.245 245 100,245 187 187 Totsl S12 Ngt Incomellexpendtturel before Investment galnslllossesl S13 88.189 88,189 43,492 Pletgainslfjossesi on Investr￿ S14 Net incomellexpenditure) Extraordinary it•ms Transfers between funds Other recognlsed gainslllossesl: S15 88,189 88.189 43.492 S16 $17 Othorqahi41105sesl Netmovement in lunds S19 88,189 88.189 43.492 Reconciliation ollunds." Toiryl fvnft AKI amount recobtred on a dol￿t￿ is consxlwed 10 ￿ part ofthai gbft 3TrJ is I￿ated as an addththl to same as tt* u¢less Ihe dc￿0￿ tr* lem15 oftlE appeal have sFÉtsfied 0lheTh4ise. Tax redaiffls on donatlors and glfts Yes No Contractual lThcoTh and Ths ts onty inthded in SOFA cfjcethe cjwty has Ihe r￿*d goods Y85 No Nia grants Donated gotsjs are measurtd atfawvalLE fft amrth thÈ asset ¢¢uk1 be ex¢hangedl imprathcal iodo $0. Yes No Donatsd goods The cost ofarry stod( of gL¥)d$ dmated f￿*11s1n￿UIion lo benefiraaries is (Seemed to be Il* ts￿valUe oflh)se gifts ai lime of th*r retript and th a￿ recognised on Yes as an expe￿ at thÈ Carry¥￿ ofthe stocks at dtsiribuiw)n. Donated goods forresale are mea5urEd al on inrt411 recoJruDon. %*tich is tr* ewcled proceeds from $￿e expetted tt)stsofsa￿. and recognised in'lnr¥)me from Olhertradw Ihe ccfftsrthJuig *¢xk rettyJrw5ed in th? baLance sheet. On rts sale the value of stock 48 char9ed aga￿61'inC&￿e fmm otf*r tradir¥a a¢b￿lI*s. and ￿ proceeds I￿7 sale are a￿0 recogntsed ¥5'1ncome frNn Olhwtrad actiTrAI*S'. Yes Nla Nla Good5 dwaled fw0n*o￿i9 ttse by the tharity a¢e re¢c•Jrused as iawk assets and i￿lUd￿l u) the SoFAas Inc￿*r￿J resourcts %%tten recevat4e. Gfft$ in kind frxwe tythe chanty are indL*1ed in the SOFA a5 frDm dorwttr No Donatsd ¥•rvlcts orKI laGI1￿85 Dcffjaled sermces and tsubt￿5 aE indthyed in the SCFA thi at the ¥the of the gffl to the c￿ty woMdÈd ofll* grft can be measured reli8btyf. Dwa$￿ services aTrJ fatybbes Ihat are tt4￿Lmed wnmedthty ￿ recogn*ed as Yes No Nla Yes Nla t*ading in the SOFA. Yes No Nla Supportcosts The charity has •i¢wrwl eyryldure on sw?rt costs. CC17a (Eycell OW1012024 Yes No Nl8 Volunt8or help Thè y￿ue of*)y vduniary l*lp 1$ Th)t in acc￿￿ts lyjl i5dBxrit*J in trustees. ar￿al rewi. Incomè from imtsrnsl royal￿￿$ and dlvidonts be measwed ¥eliabty. es InGomo from m8mbolshlp Pl*mberthp subscripttrjrts wis*d in ts nat￿ ofa grft a￿ re¢wsgJ in C*)nai¥Jr• Subserf￿0ns and Legacie& Yes No Nla mbership 5ubscrip1w)r￿Vth￿ti 9i¥e5 3 ryht lo W Ser￿ wother b￿rrtS are recojrused as eamed fr￿ the wovtsion (A9oods as iwne frorn tharitat4e aclmbes. es No Nla Sètuèmontof Snsuranc• elaims 1rtsLra￿e d&ms are onty irK4uded sn soFA￿tsA￿ gen¥al wwne re￿n￿￿ crilwa aR mel15.10 to 5.12 FRS102 SORPI aTrJ are wKJuded as ￿ item of Olher ift¢)me in IhÈ SOFA. No Nla Tlis indwjes ￿8¥*j ty urvethed gair¢ orlcsse5 ￿ the sale ol i[￿*StmentS aTrJ 8rty gain crfloss from revaluiNJ 10 morkel ￿71￿ al the end oflPe year. Yes No 2.3 EXPENDITURE AND LIABILITIES Llablllty rnCogrt￿0n L￿￿"111*$ are reLO9Ths*1 il is rnore lik*than rKJt Ihal ￿rE i5 a le9al IruGliYe ot4wjat￿ CryDmitbr#J the tharity lo pay ¢xrt resources afyj the 8mtyJrrt the obb"gation can be ftwswl ￿1th rea5￿tle ￿8M￿y. Support Costs halt teen alkKated beN4teTh gO¥EmarKe t￿ts2￿j olher s￿￿t. &)¥ernance costs comwise all wNta¢¢4XJrtatw'lty of the charity ar￿ its cOmplar¥￿ %4ilh regulatic4) aTrJ gwj pradK*. SupForf costs incTude ￿nIral funthons and ha%e been to aCti￿ty eo$t tegoties on a baws cw6islent VAth the 01￿￿r￿. eg alloc*ing pmpertycosts ty Iloor aRas, c¢perc•. Stsff costs ty tr*tixe oV*r ¢x6ts tylhe uwe. V¥here the charity a grant*i¢h ¢thliity)s its payment bery a sFwfic level of seThice or r￿ul lo b2 pro¥pJed. grants are otyrecOgn￿ ir> ¢1* SOFA ty)¢¢ pieni ofts*grant ha5 pro4•Jed Ihe ¥eufied ser￿Ce orsjulptst. Yes No Govomancè and 8UPPOrt osts es Ye$ No Nla No GIafttst￿th prfoYmanc8 ¢ondilorts Grants payabh wlthout perfo￿anc# Cor￿1110￿$ Where the￿ a￿ no coTrJi*c￿s 8ttathNJ to the want Ihal enth5 th2 thority lo realisticalty av¢4d tl* ¢tynmiI￿1. a IkAt¥"hty frxlhe 1uThjw￿ oN¥Jation mLtst be No Nla R¢dyrtd#n¢y ¢ost Yes No Dthrrod incomg Yes No Nla Yes Wa C¥odfto The thority has UEdit(rf5wknth are ￿￿8s￿ed at amwNs less arytrade A h"abdty ts ff*aswed M rEcog￿on at its IM5kncal cosi and Pro¥151on5for IlaWIJUe5 w￿35￿red at the test estimats ￿the amrArt to Sett￿the at reporting date tharity accourds fu bas￿ fmarKthl wstnJments on initial rtctyThbl￿ as per paragraF* 10.7 FRS102 SORP. Subseyr4 measLwent is as perparagraphs 11.17 10 11.19. FRS102 SORP. Yes Baslt finan¢l•l in¥tnJments Y•s No Nla 2.4 ASSETS Tanglbl8 fixed assetsfor T￿se we c•ta&5ed can te for nbore Ihan ¢w yew, arnl o)st at *ast U8• ty ehartty Tlw are at ¢051 No Wa depre¢iabDn rates aT>Y mdhJd5 Used arethdosed in 9.2. The tharity has inlarMJWe r￿ed assds. thal ts. r￿m￿e￿ a$5etS Ih•i do Th)1 have sical substsnt* but ate lderthfi8b￿ anLI a￿ contr￿￿ bythe tharity thrW ¢wstoty orlegal r#Jhts. amthwtion rates methods wed are d¢5c105ed in note 9.5 1Thtang1b￿ fixed ￿8•ts Yes No Nl8 es TWarevaI￿￿ ai ¢¢$1 CC17a (Excel) 09110r2024 The tharity has ￿rITage assets. Ihal 15. n￿￿rnOnetsry 3s5els ￿ hislMo artlstic, suenlific. lechndogical. gecprryS￿al or &Nmr*￿n1al qualities Ihai ao ar m&nia1￿j prirKipaty O￿tribUti￿ lo and rydEtNe. The dwe¢aaip)n rates aThJ meihods ￿ed as di5dosed in noie 9.6.1.4. Yas Nl8 Yes No Nl8 TW are val￿d ai u6t. Investmon ￿￿e￿ asset in￿trner￿S in q￿ted shares. tTrded boTrJs &m1larwNesbm￿ts a valL*d at itsbalty at C051 aTrl $L￿U￿nIty at tsYvalLt lthermarkei value) ai tr*year e￿. The same Irealment is apF4*d 10 Yrtisied insE5tfflert5 faw y￿￿e cannol be #SU￿ ￿1￿01￿ in %*&th ease rt is rneaSL￿ed at O)Si less UMpa￿￿ent. Invesimeffls held for res?￿ or r*ndir#J their Sa￿ aTrJ ￿$h cash eQuNalenisw￿h m8iurrty¢Jate olle55 Ilwn 1 ￿tara￿ ￿ated a5 rJJuert assel ui¥estments Yes No Yes No Nla Stocks and work In progrèss St¢th held for Sa￿ as partof Irale are measured ¥itt* orrtt realisabk val￿. Ye$ No Nla Goods cf seMce5 wovthl as ￿ ofa ¢*it14e athvty mea5wEd at nel rEali5able v31ue based on semté by it&￿ ofsti￿. Yes No Nla Work in prcgress alc05t less ￿ fc¥Bseeabl8 h)ssthai ￿ IW to OC￿ on IhÈ contract. Yes No Nla t￿10￿ (snchJdir#J trnde deb￿ aTrJ loars are ffleasured M irilial wThbon at Sa￿ement amow4 afterary trade di%¢xunts orarnouni adva￿￿￿ ty tharity. SubsegL¢rtty. y are IrEasured ai the cash orothÈr ￿￿￿eration eycted lo te rECW*d. Tf* Charity ha5 has in¥estrneNs %bfvch rt W5 for resafe or p&NliNJ IFwrsak ar* ￿5h 3nO cash eqthv8*nts *ilh J malwitydate *ss than ore year. Thse ind￿e cash on éepw atsj cash equiwaleols 55ith a maiuritydaie ol tess Ihan orE >*ar l*Jd forirNestment ral thon its meei Sh￿ term cash c￿￿itn￿ts as IW fau dL*. Ye5 No Dobtors Curmnt8558t 5nv8Stm8nts No Mla Yes Ttrey we ¥al￿d at layvalue exceptvtse th•tqu*ty a$ t)a9cf#wts¥ Ir￿trl￿￿. POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE CC17a (Exce 0911012024 Section C Notes to the accounts (conti Note 3 Anal￿1$ of In¢ome ndB Tat*ii￿ Prfor￿r Ana OonalK)ns and ifi5 Girt Aid Le 8ae5 GenÈral grant5 pr￿￿yed by go¥emmenV(Trlher chanbes Membership gJbscriptions and spmsorshys are n SUbStsn￿ donalHXIS Donètlons •nd1ogaclo5'. 12.056 12.056 43.679 Donaied gOOOs, frau￿be5 and seN¢es Other Totsl 12.056 12.056 43,679 Charithblo a¢tlvldo5'. O¢l￿r Toial Othortradlrtg activities: Oiher T¢)tsl Income from Invostsnènts.. Inte￿5t Incoff DivKlend income Ren￿1 and le2sin Other S•paratO material item Of lrtMme- Toial cortver5￿n ofeTrJorni funds thto ino)me Gain on disposal of a langiile fNed as held lortharitys use Gain on disposal ofa progtamme rdated investment Royalties from Ihe exploilalion of iniellettual ro hls Oiher Toial TOTAL INCOME 12.056 12.056 43.679 l)thqr Infomi•Uon.' I Income In th6prforye•r** unrestricted¢x¢•ptf•r. Ipleasfr p￿￿￿• and amounts} Where aThy endtywTrt•rtfunl 15 Conve￿ Into kicom• i• t reportthg ￿Th¢d, pf¢a80 9￿￿th￿ rea50n forth4 eortv•rsion. Yiithln the Incom• It•m8 8bo¥etho follwn9 iterraarv rnatsABI'. {pkno8• thxl05•thB natur•. amount•rbd any prfor y••ramountsl CC17a IExc•l} 1Q OW10I2024 Section C nilysls Olexpend￿re 1WLX¥J IrL).I S•p4r*Wrnat•rt41 Tthl 187 249 245 IB7 IQ0245 IW24S AE* Section C Notes to the accounts Icontl Notè13 Grantmaking Plea5? completè this note if the charity m•de anygTrnts or donalions which in aggregate fonp a matèrialpart of the charitable activities undertaken. 13.1 Analysls of grnnts paid (included in cost of charitable actltlltlesl Grants to Grants to institution$ individual$ Analysls Support ¢o$ts Totsl rial Col 1(KJ.CO) 1W,O Activi or Aciiv or Total 100,000 100,000 Please •nt•r"Nll" Mtho ¢harity does not identifyandlorallo¢•te supportcosts. 13.2 Grants mad• to Institutions My charfty has mado grants to particularinsiitutions that afft m•twialin the context ofits grantmaking. Detalls of thé institytion supported. purpose of the grnntand totalpaid to each ins¢iWtion is available on the ehari¢y* web $ito. Pleaseprovlda detalls of eharltys URL. Pmvide detalls below No Names of institution Purpose Totsl amountof grants poid £ Totsl grants to institutions In r•portingpwiod Other unanalystdgrants TOTAL GRANTS PAID CC17a (Excdl 12 09110r2024 Section C Notes to the accounts Icontl Note 24 Cash at bank and in hand This year Lost year Short tem7 cash Investments (less than 3 months maturlty date) Short temi depo$5ts Cash at bank and on hand Other Totsl 28,987 117,176 CC17a (Eycell 13 09111)r2024 Section C Notes to the accounts {cont) Note 26 Events after the end of the reporting period Please complete this note events (not requiring adjustment to the accounts) have occuffed after the end of the reporting pwyod but before ttje accounts are authorised which relate to conditions that amse after the end of the Trporting period. Please provide detsils of the nature of the event Nc* Provide an estimate of the financial effect of the event or a statement that such an estimate cannot be made None CC17a IExcell 14 0911012024 Soction C Noi05 10 tho a(counts Noro 27 Chari funds 27.1 Dètails ol materfal lunds h•ld and mo¥emgnts durin9 ￿ t￿￿ENr Ta￿ing wiod Fund Fund ian¢ Typ• pi eE ftorUR- Galm and lowrd Fund th•rn•* G￿eTaI Fu UR 117.176 12.056 10024S 28.987 T{￿ 117.176 12.056 100.245 28.987 CC17a IE￿