2024-03-31-accounts

SCOLIOSIS SUPPORT AND RESEARCH (formerly SCOLIOSIS ASSOCIATION UK)

ANNUAL REPORT & ACCOUNTS 31ST MARCH 2024

Registered Charity Number 1181463

EDMUND CARR LLP

Chartered Accountants 146 New London Road Chelmsford Essex CM2 0AW

SCOLIOSIS SUPPORT AND RESEARCH (formerly SCOLIOSIS ASSOCIATION UK)

YEAR ENDED 31 MARCH 2024

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CONTENTS
Trustees (The Executive Committee) 1
Report of the Trustees 2
Independent examiner's report 5
Statement of Financial Activities (incorporating the income 6
and expenditure account)
Balance Sheet 7
Cashflow Statement 8
Notes to the financial statements 10
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SCOLIOSIS SUPPORT AND RESEARCH (formerly SCOLIOSIS ASSOCIATION UK) REFERENCE AND ADMINISTRATIVE DETAILS

YEAR ENDED 31 MARCH 2024

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Registered Charity Name Scoliosis Support and Research (with effect from January 2024)
formerly Scoliosis Association UK (SAUK)
Charity Number 1181463
Registered Office Ground Floor
329 Latimer Road
London
W10 6RA
Trustees Mr I Nelson (co-Chair to December 2023, Chair from January 2024)
Dr S Clark (co-Chair, resigned December 2023)
Mr C Nnadi
Dr N Jones
Mr T Tsirikos
Mr J Leong
Dr M Noordeen
Ms R Weil
Mr J Zorab
Dr R Levene (resigned December 2023)
Ms S Kraft (resigned December 2023)
Mr P Millner (resigned December 2023)
Patron HRH Princess Eugenie
Chief Executive Lesley McGinty
Independent Examiner Alex Stone FCCA
Edmund Carr LLP
Chartered Accountants
146 New London Road
Chelmsford
Essex
CM2 0AW
Bankers CAF Bank
25 Kings Hill Avenue
Kings Hill
West Malling
Kent
ME19 4JQ
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SCOLIOSIS SUPPORT AND RESEARCH (formerly SCOLIOSIS ASSOCIATION UK) TRUSTEES' ANNUAL REPORT

YEAR ENDED 31 MARCH 2024

The Trustees have pleasure in presenting their report and the unaudited financial statements of the charity for the year ended 31 March 2024.

Annual Report from the Chair, 2023-24

Merger between Scoliosis Association UK and British Scoliosis Research Foundation

Scoliosis Association UK (SAUK) had a long history of collaboration with its affiliated charity, the British Scoliosis Research Foundation (BSRF), which supported and funded research into scoliosis and other spinal conditions. Both charities were fortunate to have received substantial legacies in the previous financial year, putting both in a very stable financial situation. This led to the Trustees of both boards agreeing to a formal merger.

The merger was officially complete as of 1st January 2023, with members of the BSRF Council being coopted onto a joint board at the December 2022 Board meeting. The new Board agreed Dr Stephanie Clark, PhD, and Mr Ian Nelson, FRCS, as co-Chairs of the new organisation. The Board also agreed that the merged charity would continue to operate under the SAUK name for the first year, after which a new name and associated rebrand would be launched in January 2024. The charity was officially rebranded and relaunched as Scoliosis Support and Research on 1st January 2024, retaining the original SAUK charity number 1181463. The objects of the charity as stated in its governing document are, for the public benefit, to preserve and protect the physical and mental health of persons with the spinal condition known as scoliosis and other spinal conditions.

There are many benefits to this merger, not least the ability to bring together support and research to help to provide the best possible care and support for anyone affected by scoliosis or other spinal conditions. The merged charity will benefit all patients because there will be greater opportunity for involvement in research, which will help to inform future treatments and clinical work and provide a clear pathway to support and provision of information and the ability to advocate for all patients in a much more coherent way.

The British Scoliosis Research Foundation was formed in 1973 by Dr Philip Zorab. He specialised in respiratory problems caused by scoliosis and presented key research to important physicians and surgeons who had children and adults with scoliosis in their care. His work stimulated new research into scoliosis worldwide. Dr Zorab died in 1983 but we continue his work with the same passion and ensure the necessary financial grants facilitate further high quality research into scoliosis.

Scoliosis Association UK was started in 1981 by founding members Ailie Harrison and Stephanie Clark with around 200 members who came together to support each other at a self help group. Each member of this group has received treatment from renowned chest physician Dr Philip Zorab at the Brompton Hospital in London. At the time it was the only UK wide organisation providing support for people affected by scoliosis. Ailie's name continues to be honoured through our annual art competition.

We give people with scoliosis a voice. We represent their views and concerns and encourage support for better resources and understanding of the condition.

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SCOLIOSIS SUPPORT AND RESEARCH (formerly SCOLIOSIS ASSOCIATION UK) TRUSTEES' ANNUAL REPORT (continued) YEAR ENDED 31 MARCH 2024

We support them through our Helpline which is manned five days a week, 9-5; we provide up to date information to families and also surgeries and hospitals; we provide online counselling groups for people to share their experiences and we provide a "safe space" in our Facebook groups.

Supporters can also join our community to receive benefits such as access to the Hill Pedder and Minns Welfare Fund and our twice yearly Backbone Magazine. In the financial year 2023-24 we awarded a total of £3,639 of Hill Pedder and Minns grants.

We support research by collaborating with researchers and making our members aware of the research and inviting them to participate. We have continued with the Charles Manning Award, which was a BSRF award arising from a legacy by Mr. Charles Manning, FRCS, to help early career researchers attend conferences to present their work. We awarded a total of £900 during this financial year.

Structure, governance, and management

SAUK (now SSR) was incorporated on January 7th, 2019, as a charitable incorporated organisation (CIO). The CIO is entered in the Central Register of Charities by the Charity Commissioners for England and Wales with registration number 1181463.

SSR is governed by a board of Trustees, consisting of a combination of spinal surgeons, general practitioners, scientists, and lay members. The office staff is composed of a Chief Executive, supported by a Community Engagement Manager and a Fundraising and Communications Manager.

The Board of Trustees meets four times a year and the Chief Executive reports formally to the Board at these meetings. New Trustees are generally selected from contacts with knowledge of scoliosis and related issues.

The Trustees confirm that they have had due regard to guidance published by the Charity Commission on public benefit. SSR’s aims are wholly directed at delivering public benefit.

The Trustees of SSR are listed on page 1. HRH Princess Eugenie is SSR's Royal Patron.

The staff team during 2023-24 consisted of Mrs Lesley McGinty, who has been in post as Chief Executive since April 2021, Natalie Cooper, Communications Officer since 2019, and Denise Aulsberry as Membership and Finance Officer for 26 years. Denise retired in May 2023 and Will Thommes joined as Fundraising and Communications Officer, incorporating elements of Denise's role, while some financial processes were refined and outsourced, ensuring greater compliance and robustness. Natalie left at Christmas 2023 for a new role at Cancer Research UK and Will also left at Christmas to take up a once in a lifetime opportunity to go travelling. He was replaced by Ellie Wilson in November 2023. Although not relevant to this financial year, James Alculumbre joined as Community Engagement Manager in June 2024. All employees are based at SSR's premises at Ground Floor 329 Latimer Road, London W10 6RA. The office moved in June 2023 from next door at 325 Latimer Road.

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SCOLIOSIS SUPPORT AND RESEARCH (formerly SCOLIOSIS ASSOCIATION UK) TRUSTEES' ANNUAL REPORT (continued)

YEAR ENDED 31 MARCH 2024

Finance

Unrestricted income, made up of donations, legacies, and fundraised income including Gift Aid was £161,965 compared with £513,153 in the previous year, unusually high because of the transfer of BSRF's assets. Our membership subscriptions stayed much the same as in 2022-23. We spent £277,359 in the current year compared with £189,129 in the previous year largely due to the costs of the merger and the office move. We are developing new projects and ways to support people with scoliosis, with the benefit of the increased funds.

During this year, we awarded £3,462 in new grants but made payments to existing grants of £78,600. We were fortunate to recoup the majority of this expenditure through funding from the UK MRI Covid Recovery Scheme. We received £37,000 in May 23 relating to funding paid out in the previous financial year, and a further £41,614 was received in April 2024 which relate to this financial year. We also received continued support of £25,000 from the Robert Luff Foundation which is restricted to research.

The internationally renowned Zorab Symposium, which was historically organised by BSRF, will continue to be held and the next event is in June 2025.

SSR holds almost all its assets as cash deposits and total funds amounted to £1,246,121 at the year end, of which £610,678 was unrestricted, £485,877 designated and £149,566 restricted. Our reserve policy is to maintain a minimum of £100,000 of unrestricted funds. The balance of cash assets is high because of the transfer of assets at point of merger. It was agreed by the Board that £1million was to be invested and after the required due diligence and security was undertaken, this was completed in July 2024, with our investment being managed by Rathbones. The invested money is intended to be used for an as yet unidentified "flagship" research project., as well as allowing us to invest in whatever resources are needed to implement a new strategy (being finalised in 2025) to take the charity forward. We receive interest on this investment every month.

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporing by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014.

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies’ exemption.

Approved by the Trustees on 23 January 2025 and signed on their behalf by:

........................................

Ian Nelson Chair of the Trustees

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SCOLIOSIS SUPPORT AND RESEARCH (formerly SCOLIOSIS ASSOCIATION UK) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

YEAR ENDED 31 MARCH 2024

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2024 which are set out on pages 6 to 16.

Responsibilities 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

Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Certified Accountants, which is one of the listed bodies.

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; or

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.

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.

................................... Alex Stone FCCA

Edmund Carr LLP 146 New London Road Chelmsford CM2 0AW

27 January 2025

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SCOLIOSIS SUPPORT AND RESEARCH (formerly SCOLIOSIS ASSOCIATION UK) STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 MARCH 2024

Note Income from: Donations and legacies 2 Other trading activities 3 Investments 4 Charitable activities 5 Transfer of assets 9 Other Total Income Expenditure on: Raising funds Charitable activities 6 Total Expenditure Net income/(expenditure) Transfers between funds Net Movement in Funds Reconciliation of Funds Total funds brought forward Total Funds Carried Forward	Unrestricted Funds 2024 £ 161,965 1,571 23,545 15,095 - - 202,176 7,386 269,073 276,459 (74,283) - ( 74,283) 1,170,838 £1,096,555	Restricted Funds 2024 £ 103,614 - - - - - 103,614 - 900 900 102,714 - 102,714 46,852 £149,566	Total Funds 2024 £ 265,579 1,571 23,545 15,095 - - 305,790 7,386 269,973 277,359 28,431 - 28,431 1,217,690 £1,246,121	Total Funds 2023 £ 513,153 3,881 6,808 32,876 493,162 60 1,049,940 6,186 182,943 189,129 860,811 - 860,811 356,879 £1,217,690

All of the above amounts relate to continuing activities.

The notes on pages 9 to 16 form part of these financial statements.

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SCOLIOSIS SUPPORT AND RESEARCH (formerly SCOLIOSIS ASSOCIATION UK) BALANCE SHEET

AS AT 31 MARCH 2024

Note Fixed Assets Tangible fixed assets 11 Current Assets Debtors 12 Cash at bank and in hand Creditors: Amounts falling due within one year 13 Net Current Assets Net Assets The funds of the charity: Unrestricted Funds 15 Designated Funds Total Unrestricted Funds Restricted Funds 16 Total Charity Funds	£ £ 888 66,480 1,255,791 1,322,271 (77,038) 1,245,233 1,246,121 610,678 485,877 1,096,555 149,566 1,246,121 2024	£ £ 1,332 5,537 1,362,643 1,368,180 (151,822) 1,216,358 1,217,690 671,990 498,848 1,170,838 46,852 1,217,690 2023

These financial statements were approved by the Trustees on 23 January 2025 and are signed on their behalf by:

…................................................

IAN NELSON (CHAIR OF THE TRUSTEES)

The notes on pages 9 to 16 form part of these financial statements.

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SCOLIOSIS SUPPORT AND RESEARCH (formerly SCOLIOSIS ASSOCIATION UK) CASHFLOW STATEMENT

YEAR ENDED 31 MARCH 2024

Note Cash flows from operating activities: Net movement in funds Adjustments for: Depreciation charges 11 Investment income 4 Decrease / (increase) in debtors 12 Increase / (decrease) in creditors 13 Cash provided by / (used in) operating activities Cash flows from investing activities: Investment income 4 Purchase of fixed assets 11 Cash provided by investing activities Increase / (decrease) in cash and cash equivalents in the year Cash and cash equivalents at start of year Cash and cash equivalents at end of year	2024 28,431 444 (23,545) (60,943) (74,784) (130,397) 23,545 - 23,545 (106,852) 1,362,643 1,255,791	2023 860,811 444 (6,808) 4,862 145,184 1,004,493 6,808 (1,776) 5,032 1,009,525 353,118 1,362,643

The notes on pages 9 to 16 form part of these financial statements.

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YEAR ENDED 31 MARCH 2024

SCOLIOSIS SUPPORT AND RESEARCH (formerly SCOLIOSIS ASSOCIATION UK) NOTES TO THE FINANCIAL STATEMENTS

1) ACCOUNTING POLICIES

General information and basis of preparation

Scoliosis Association UK is a Charitable Incorporated Organisation, registered in England and Wales (charity no: 1181463).

The charity constitutes a public benefit entity as defined by FRS102.

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued in October 2019, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102), the Charities Act 2011 and UK Generally Accepted Accounting Practice.

The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

The financial statements are prepared on a going concern basis under the historical cost convention modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £1.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Income recognition

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income can be measured reliably.

Expenditure recognition

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to the category.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs are those incurred in connection with the administration of the charity and compliance with consitutional and statutory requirements.

Irrecoverable VAT is charged as an expense against the activity for which the expenditure arose.

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SCOLIOSIS SUPPORT AND RESEARCH (formerly SCOLIOSIS ASSOCIATION UK) NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2024

1) ACCOUNTING POLICIES (continued)

Taxation

The charity is exempt from taxation in respect of income or capital gains to the extent that such income or gains are applied exclusively to charitable purposes.

Fixed assets

The charity's policy is to capitalise fixed assets over £1,000. Expenditure below this threshold is recognised as expenditure in the year in which it occurs.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Equipment

Depreciation method and rate 25% straight line

Stocks

No value is placed on stocks of stationery or advertising materials held by the charity.

Debtors and creditors receivable /payable within one year

Debtors and creditors receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and at bank.

Fund Accounting

Funds held by the charity are either:

Unrestricted general funds - these are funds that can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds - these are funds that can only be used for particular restricted purposes within the objects of the charity.

Designated funds - these are funds that have been set aside by the trustees for particular purposes.

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SCOLIOSIS SUPPORT AND RESEARCH (formerly SCOLIOSIS ASSOCIATION UK) NOTES TO THE FINANCIAL STATEMENTS (continued) YEAR ENDED 31 MARCH 2024

2) DONATIONS & LEGACIES

Donations Legacies BSRF fees Gift Aid Grants	Unrestricted funds £ 119,555 33,018 - 6,392 3,000 161,965	Restricted funds £ - - - - 103,614 103,614	Total funds 2024 £ 119,555 33,018 - 6,392 106,614 265,579	Total funds 2023 £ 99,838 373,263 30,000 5,052 5,000 513,153

3) OTHER TRADING ACTIVITIES

Website sales Other Activities INVESTMENTS Bank interest receivable	Unrestricted funds £ 1,571 - 1,571 Unrestricted funds £ 23,545	Restricted funds £ - - - Restricted funds £ -	Total funds 2024 £ 1,571 - 1,571 Total funds 2024 £ 23,545	Total funds 2023 £ 3,881 - 3,881 Total funds 2023 £ 6,808

4) INVESTMENTS

5) INCOME FROM CHARITABLE ACTIVITIES

Conference income Subscriptions	Unrestricted funds £ - 15,095 15,095	Restricted funds £ - - -	Total funds 2024 £ - 15,095 15,095	Total funds 2023 £ 17,797 15,079 32,876

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SCOLIOSIS SUPPORT AND RESEARCH (formerly SCOLIOSIS ASSOCIATION UK) NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 MARCH 2024

6) EXPENDITURE ON CHARITABLE ACTIVITIES

Awards Research Grants Events Staff costs Website and magazine costs Support costs (Note 7) Governance costs (Note 8)	Unrestricted funds £ 3,639 3,462 3,643 154,126 14,485 64,418 25,300 269,073	Restricted funds £ 900 - - - - - - 900	Total funds 2024 £ 4,539 3,462 3,643 154,126 14,485 64,418 25,300 269,973	Total funds 2023 £ 6,292 - - 103,643 8,029 50,635 14,344 182,943

7) SUPPORT COSTS Office costs Meetings, travel & subsistence Bank Charges 8) GOVERNANCE COSTS Fees payable to independent examiner Other professional fees	Unrestricted funds £ 59,587 2,221 2,610 64,418 Unrestricted funds £ 5,100 20,200 25,300	Restricted funds £ - - - - Restricted funds £ - - -	Total funds 2024 £ 59,587 2,221 2,610 64,418 Total funds 2024 £ 5,100 20,200 25,300	Total funds 2023 £ 45,980 1,675 2,980 50,635 Total funds 2023 £ 3,090 11,254 14,344

9) TRANSFER OF ASSETS

The assets of British Scoliosis Research Foundation (BSRF), registered charity no: 803772, were transferred to SSR with effect from 1 January 2023 following a decision to merge. Four BSRF trustees were appointed to the Board of SSR and BSRF was dissolved. The unrestricted funds transferred have been designated by the Trustees for research purposes.

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SCOLIOSIS SUPPORT AND RESEARCH (formerly SCOLIOSIS ASSOCIATION UK) NOTES TO THE FINANCIAL STATEMENTS (continued) YEAR ENDED 31 MARCH 2024

10) STAFF COSTS AND EMOLUMENTS

Salaries and wages Social security costs Employer pension costs	2024 £ 143,717 8,389 2,020 154,126	2023 £ 97,131 5,012 1,500 103,643

Average number of paid staff on a head count basis for the year was 7 (2023 - 4) None of the employees' emoluments exceeded £60,000

11) TANGIBLE FIXED ASSETS

COST As at 1 April 2023 Additions At 31 March 2024 DEPRECIATION As at 1 April 2023 Charge for the period At 31 March 2024 NET BOOK VALUE At 31 March 2024 At 31 March 2023 12) DEBTORS Other debtors Prepayments and accrued income 13) CREDITORS: Amounts falling due within one year Creditors Research Grants Payable Accruals	Equipment £ 1,776 - 1,776 444 444 888 888 1,332 2024 £ 6,800 59,680 66,480 2024 £ 4,292 69,136 3,610 77,038	Total £ 1,776 - 1,776 - 444 888 888 1,332 2023 £ - 5,537 5,537 2023 £ 3,167 144,275 4,380 151,822

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SCOLIOSIS SUPPORT AND RESEARCH (formerly SCOLIOSIS ASSOCIATION UK) NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 MARCH 2024

14) COMMITMENTS UNDER OPERATING LEASES

Total rental payments due under operating leases are as follows:

Within 1 year Within 2 to 5 years	2024 £ 24,727 4,121 28,848	2023 £ 10,000 10,000 20,000

15) UNRESTRICTED FUNDS

General funds Designated funds: a) Ailee Harrison Fund b) Hill, Pedder, Minns Fund c) BSRF funds	Balance at 1 Apr 2023 £ 671,990 4,675 31,865 462,308 1,170,838	Income £ 202,176 - - - 202,176	Expenditure £ (263,488) - (3,639) (9,332) (276,459)	Transfers £ - - - - -	Balance at 31 Mar 2024 £ 610,678 4,675 28,226 452,976 1,096,555

a) The Ailee Harrison Fund arose from a legacy and is used to provide financial prizes for art projects. b) The Hill, Pedder, Minns Fund arose from 3 legacies and is used to provide grants to members of up to £500 for equipment relating to their condition.

c) Funds transferred from BSRF have been designated for research purposes by the Trustees.

16) RESTRICTED FUNDS

a) ARISE b) BEIS fund (BSRF) c) Research funds	Balance at 1 Apr 2023 £ 15,998 30,854 - 46,852	Income £ - - 103,614 103,614	Expenditure £ (900) - - (900)	Transfers £ - - - -	Balance at 31 Mar 2024 £ 15,098 30,854 103,614 149,566

a) ARISE fund provides travel grants of up to £500 to young researchers (the Charles Manning Award).

b) Funds awarded by the BEIS 'Early Career Researchers Fund' to BSRF towards research projects supported by the charity were transferred to SSR following the merger.

c) Grants received from Robert Luff Foundation and the Medical Research Council to fund research projects.

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SCOLIOSIS SUPPORT AND RESEARCH (formerly SCOLIOSIS ASSOCIATION UK) NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 MARCH 2024

17) ANALYSIS OF NET ASSETS BETWEEN FUNDS

Current Year Unrestricted funds General Designated funds Restricted funds Total funds Prior year Unrestricted funds General Designated funds Restricted funds Total funds	Fixed assets Net current assets Total £ £ £ 888 609,790 610,678 - 485,877 485,877 - 149,566 149,566 888 1,245,233 1,246,121 Fixed assets Net current assets Total £ £ £ 1,332 670,658 671,990 - 498,848 498,848 - 46,852 46,852 1,332 1,216,358 1,217,690

18) RELATED PARTY TRANSACTIONS

There were no related party transactions during the year (2023 - nil). Trustees do not receive any remuneration or fees. Three trustees were reimbursed for expenses totalling £1,037 in respect of travel and subsistence (2023-nil).

19) UNRESTRICTED FUNDS - PRIOR YEAR

Balance at 1 Apr 2022 £ General funds 298,049 Designated funds: a) Ailee Harrison Fund 4,825 b) Hill, Pedder, Minns Fund 34,917 c) BSRF funds - 337,791	Income £ 556,778 - - 462,308 1,019,086	Expenditure Transfers Balance at 31 Mar 2023 £ £ £ (182,837) - 671,990 (150) - 4,675 (3,052) - 31,865 - - 462,308 (186,039) - 1,170,838

a) The Ailee Harrison Fund arose from a legacy and is used to provide financial prizes for art projects.

b) The Hill, Pedder, Minns Fund arose from 3 legacies and is used to provide grants to members of up to £500 for equipment relating to their condition.

c) Funds transferred from BSRF have been designated for research purposes by the Trustees.

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SCOLIOSIS SUPPORT AND RESEARCH (formerly SCOLIOSIS ASSOCIATION UK) NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 MARCH 2024

20) RESTRICTED FUNDS - PRIOR YEAR

a) ARISE b) BEIS fund (BSRF)	Balance at 1 Apr 2022 Income Expenditure Transfers Balance at 31 Mar 2023 £ £ £ £ £ 19,088 - (3,090) - 15,998 - 30,854 - - 30,854 19,088 30,854 (3,090) - 46,852

a) ARISE fund provides travel grants of up to £500 to young researchers (the Charles Manning Award).

b) Funds awarded by the BEIS 'Early Career Researchers Fund' to BSRF towards research projects supported by the charity were transferred to SSR following the merger.

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