Charlty Reglstratlon No. 1185307 Company Registration No. 12038212 (England and Walesl THE DARBY RIMMER MND FOUNDATION ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 itiDARBY RIMMER FOUNDA TIO THE DARBY RIMMER MND FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION Trustees M Buck J Currie J Gaffett M Hovell L Stewart Charlty number IEngland and Wal0¥1 1185307 Company numb•r 12038212 Reglstered offlce Edward House Wtso¢fvArd Road Knowsley Industrial Park Liverpool Mersey5ide L33 7UY Independent oxamlner Mark Tumer FCA 1 Worslèy Court High Slreet Worsley Manchesttrr M28 3NJ THE DARBY RIMMER MND FOUNDATION CONTENTS Pagè Trustees, report Independent examiners report Statement of financial activities B81an¢e sheet 10 Notes lo the financial stslem*nl$ THE DARBY RIMMER MND FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 30 JUNE 2024 The Trustees present their annual report and financial statements for the year ended 30 June 2024. The financi81 slalernents have been prepared in 8￿rdan￿ ¥￿1h the accountsng poliryes set out in note 1 to the rinancial ststement5 and compty wrth the Foundation's goveming docurnent. the Cornpanies Act 2006 and "Accounting and Reporting by Charities." Statement ol Recommended Practice applicAble to chanties preparing their accounts In accordance wrth the Financial Reporting Standard applicab￿ in the UK and Republic of Ireland IFRS 1021 leffective 1 January 20191". Objectives and activitle• The objectives of the Foundation are for Ihe benefit of the public generaly.. to prornole any purpose whi¢h is exdusivety charrtable 8¢cording lo the laws of Eng18nd and W81&$', and for the genèral purpo$8$ of $u¢h ¢haritable bodies as the Trustees may from b.me to tlme de¢ide", and, in particular, but wrthout prejudice to the generalty of the fowoing.. To promote and protect health. induding Ibul nol reslricted tol by.. the provision of Support, a$si$lan¢e and infomalion lo p￿pIe affe¢ted. whelh¥r directty of in¢Yirectly, by motor neuron¥ diseas¥, the promotion of research into the nature, causes. diagnosis, prevention. treatment and cure of motor neurone disease and the publication of the uselul results of such ￿search.. and to relieve the suffering of persons affected by debilitsting. life threatening or temiinal illnesses through the provision of financial assislance and such other 8iippori as the Trustees ihink fit. elow hlghliqhls some of the funt1raislng actrvrties Ihat took place In the accounb.ng pertod to ralse funds for the Darby Rimmer MND Foundation and the amounts each raised". . The March ol the Oay event, walking lorm Bradford Cty Fooiball Club to LNerpool Football Club in March 2024 raised over £250,000. PartiClP8nls on behaff ol the Darby Rimmer MND Foundation ¢omp*ied lh& Gr•81 North Run in Sepl&mb*r 2023, raising over £47,(100. Bright Fundraiser. Several fundraising events Ihroughout the year induding a travel crusade challenge throughout Europe raised £8,831 Kian and Finaly Stewart Manchester Marathon raised £7,14S Stewarts Sport Tour of Bristol raised £60.000 Darren Tone cornpleted a Peruvian Andes Expedrtion Challenge. raised £2.273. Tom Bloornfield London Marlhathon £1.821 Miles and Henry's Fundraiser 8urpees challenge raised £1,345 . Ipswich Town FC. Evening wth Marcus Stewart evening raised £12.448.13 Football Against MND Gala Dinner £38.250 The Chrio UK annual event raised £2,1(￿. Nathan Parris Ipswich Half Marathon raised £1.657 Yeovil FC tundr815ing dinner raised £4.995 Daniel Slee and Wll Andrews London Marathon raised £3,895 . Bury 8owf Bury St Edmunds raised £1,194 David Glew Bristol Haw Marathon raised £825 Lew Bolton Coast to Coast raised £760. Harry Chenery Ipswich Half Marathon raised £550 . Wholesale Team North fundraiser raised £321 THE DARBY RIMMER MND FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Struetur•. gov•mane• and managèm•nt The Foundation is a eompany limrted by guarantee. R•erultm•nt and appolntm•nt ol tmst••s The Trustees. who are also the directOTS for the purpose of company law. and who Se￿ed during the year and up to the date of signature of the financial statements were.. M Buck J Currie J Garrett M Hovell L Stewart The Foundation recognises that an effective l)oard of trustees Is essentsal to the charity achieving ils objectives. The Foundation should seek to have a boafd that is fèpresèntativè of thè peoplè wrth whom the charity works and shoul¢J have a balance of the knowledge and skills required to run the charity. Individual trustees musl have sufficient knowledge lo enable them lo carry out their role and lo ￿present the charity at meetings and events. Whenever a Trustee departs, a skills audrt ol the board wll be done. Efforts at recruiting a replacement will tske account of the skills audit and of the skills bein9105t by the departure. Consideration must also be given to any specific roles or duties that the individual leaving the b08rd w88 undertaking. Where a need has been identffied to recnJit Trustees. the exiS￿n9 board ol Trustees will manage the process. This group has responsibility lor ensuring that the recrurtment and IndUct￿Tr process is carried out. This includes ensuring that new Trustees have a dear underslanding ol the aims and objeclives ol the Foundalion and of their responsibilities as a trustee. Trustees for the Foundabon offer their lime on a voluntsry basis. None of the Trustees has any benefiaal interest in the Foundation. however all of Ihe Trustees are members of the Foundation and guarantee to contribute £1 in the event ol a wnding up. The Foundalion's current poliw conceming Ihe payment of Irade ueditors is lo follow the CBI'S Prornpt Payers Code (copies are available from the CBI. Centre Poinl. 103 New Oxford Street. London. WC1A IDUI. Tha Foundation's current policy conceming the payment oftrade uedrtots is lo". settle the ternis ol payment wrth suppliers when ag￿eIng Ihe temis of each transaction.. ensure that suppliers are made aware of Ihe lemis ol payment by indvsion of Ihe relevant temis in contracts.. and pay in accordance Ythh Ihe company's contractual and other legal oblffjalv)ns. Publlc Beneflt Statement The Trustees confirm that they have complied wilh the requirements of Section 17 of the ChariDes Act 201110 h8ve due reg8rd to the public benefil 9uidance published by the Charity Cornmission for England and Wales. THE DARBY RIMMER MND FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Achievements and perfomiance It is the policy of the Foundation that unrestricted fvnds which have not been deS￿nated for a specffic use should be rnaintsined at a level equivalent to between three and 5iX-months expenditure. The Trustees consider5 the reserves at this level will ensure that. in the event of a si9nificant drop in funding, they will be able to continue the Foundation's current activrties while consideration is given to ways in which additional funds may be iaised. At the year end, the Foundation's le¥el ol reserves was higher Ihan anb"apated. The Foundation has made a number ol commitments lo support research projects. however. these projects have all commenced but not been invoiced for payment at the poinl of the year end. The Trustees h8ve 8ssessed the major risks to vthich the Foundation is exposed and a￿ satisfied that systems re in place lo milig8le exposure lo the major risks. The charity made a fifth donation of £50.0(￿ in this reporting period. extending Irom 115 inrtial three-year cornrnrtment to support the Motor Neurone Disease Association into a frfth year. Darby Rimmer MND Foundation total contributions lo the Motor Neurone Disease As$o¢ialion now lo¢81 £250,000. The monies donaltrd lo the Motor Neurone Disease Association are for specific support to carè 9rants lor motor neuron8 dlsease sufferers and their families. This funding level is malched by Ihe Motor Neurone Disease Association. Th• Motor N•uron• Dl8•a80 A88oclatlon The Motor Neurone Disease A55wation IMND Associabonl 8rits.sh charity. operating in England, Wales and Northem Ireland, &stsbli$h&d in 1979 by a group of volunteers to ¢oordin8t& ¢8re, Support, and rèsaarch for p¢opl6 affectèd byamyotrophi¢ latèral sdèrosis, which 1$ a lom olmotor ngurone disease IMNOI (also known as Charcot disease, ALS oc. In the Uniled Stales, Lou Gehri9's disease). The Association is the onty national chartty in England. Wales and Northem Ireland that funds and prornotes global research into Ihe disease and provides support lor people affected by Motor Neurone Disease. It is mernbership organisation with over 9.000 members forming a national and local nebvork thal provides information and support 8long$ide fightin9 for improve(J seThices. 11 has over 7.000 active volunteers in Eng18nd, Wales and Northern Ireland and around 170 pawj staff, vthose specialist skills and knowledge are dedicated to improving the lives of people affected by MND. The Darby Rimmer MND Foundation supports the MNDA Care Grants Programme. The ffirst £250 of each Support Grant covered wthin the partnership is provided from the fvnds granled by the Foundation. For children and Young Persons grants Ihe first £125 is provided from hjnds granted by the Foundation. The balan￿ of funds up to the rnaxitnum available is then provided by the Association. The As$ociatlgn also ¢oveis all the progr8mmgs ov6rhe8d costs. THE DARBY RIMMER MND FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 The breakdown on how the inrtial donation has been utilised up until the ac£ounbng period on 30 June 2024 is highlighted in the table below. The dala is provKled by the MND Number and value of grants in the period lin¢ludes underspend from 2021 £53,1581 Vdue of (knnch•¥ ryKI 4allonal Cfftel No of Grants IFtyJrK4alionl lotal Children & Yovng P•rson'i Gwants £413.5Q) £13.186.93 £26.686.93 Rls•r R•elln•r £93.￿7 £133.265 TOTALS 267 £53,158 £106.7Y3 93 £15I.951.93 The main activities and ar8as applièd for by ¢hlldrèn and young peopkn, and part lunded by the Foundatlon, wer8 contributions towards.. . Hobbies & Entertainment- such as bicycles. extracurricular aclivilies {gyMnas￿.cS and danc* dassesl and electronic devices liPadslLaptops for socialisingl Famity breaks Edu¢81ion- S¢hool a¢tivitiesllrip$ 8nd eledronic devices le.g. 18Ptops for sth0O￿orkI Other are8$ supported include 5 ilems of personal care and 1 electri¢ doof openin9 sy$lem Age of Pernon wlth MNO Total 32-39 441 Gend•r of Per•on wlth MND 78 ale Some beneficiaries may have received more than one type of grant from the progr8tnme. This includes the paientslcaiets of childrentyouny people, not the children themselves THE DARBY RIMMER MND FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 ElhThcty A.. EnglishlWelsh/Scotit%hlNorthem lrishfvthsh A.. kish 81% 195 Ix B: Olh•r Whll• Baekground B.. Olher MixedlMuNiple Elhnlc Backwnd B-. Whil• and Asion Ix B.. Whlt• and Bloek Afrkan B: Whlt• and Black Carlbb•an C." Don9lq(knshl C= Ind5an c: oth•r A￿an Background C-. PoklstanS 4% 4X D: Afvlcan 4% D: Olh•r BlackIAM¢anlC￿tsb•an Ba¢kw+wnd F.. Pr•f•r Nal Iq Say Thls includes the parentslcarers of childrentyoung people. not the chihJren Ihemselves <1% Br•8kdown ol NOllono1 Ofll¢• and Bran¢h & Group Contdbutlon• Bl¢J￿h Noqnd Volug 01 DIF CO￿?￿ No and V¢Jug ol Prfanch No ¢Jnd Valug 91 NO Crythbuh B•.1 &1. È1.025 £12S £125 £l.Y5 £1 £1 1.955 Plryth H 1.21 U95 2>) É3.910 Éi.th) £125 £74 £1.375 £69S Por151Trxth& S E £l.C65 £1 4125 £125 1.515 T21 ElJ75 £1, f212 12 L158 £1.625 .495 £1.4&5 £23BI £2141 £1 £125 THE DARBY RIMMER MND FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Branch Noand Valve (4 No and Vdue ol Noand Value ol ¢51 Ken+ BYan¢h •dLondom &Mlddl•s•x Irtsneh eslsvrrey UEonch •￿SUm•X North Branch £iJx £1.9 •￿Su￿•X Sauth BroTrKh 26 •sIYerknhk• Brtsrth 21.2X) £875 l &roup k Grov 1.4dn i.¥J %875 %1,164 Coast Z79) Zl.067 75 £125 24? UJ.158 182 £70.O84 267 £$5.￿* Research Grants Dunng the accountln9 P8riod th8 follo￿n9 resèarch projects that prevk)usly recewed grants from the Darby Rlmmer MND FOundat￿n completed their studies. 'Frorn Biology to Quality of Life in Motor Neuron Oisease,. wrth a total grant from the Foundation of £57,455. 'Understanding Nutrition in MND, with a ftjnding grani agreed lo th8 levtrl of £50,333. 'Dev$lopment, Validation and appli¢alion ol ¥ no¥&1 multiplexed Cel￿baSe4 dwg s¢r¥&nlng assay lo discover novel drug can¢Jidates focused on restoring protein homeostasis C9ALSIFTD. with a funding grant agreed to the level of £137.000. Target Identification of Oxidative st￿ss ReSpon￿M0d￿lng Drugs in an ESC-Derived Motor Neuron Model ol ALS, with a funding granl agreed to the level of £79,991. 'Investigating The Role of Milochondrial Varianls in Amyolrophic Laleral Sdero8i8'. wrth a fvndirvj grant agreed to the level 01 £102,399. 'Integration of Epigènetic Piofilè in MND Clinical Tnals Dèsign., with a funding grant agrè8d to thè lev81 of £83,377. 'From Biology to Qualty of Lrfe in Motor Neuron Disease,, ￿1h a funding grant ag￿ed to the level of £195.160. The Trustees of the D8rby Rimmer MND Foundation h8ve agreed lo fvnd Ihe lollowing research project grant8, that will commènee during the next accounb.ng per￿- Non-invasive monitonng of human motoneuron propertEs in Amyolrophic Lateral Sderosis progression, with a grant totalling £137.257 over a 24￿onth tem. Validation of novel drug candidales locused on restoring protein homeostasis in C9ALSIFTD, with grant totalling £156,863 over a 244nonth lerm. Investigating The Roles Of SCFD1 And G2E3 In ALS wilh 8 grant tot811ing £155,611 o¥er an 18-month riod. The Trustees, report W85 approved by the Board of Twstees. J Currle Trustee D8ted.. 15 April 2025 THE DARBY RIMMER MND FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE DARBY RIMMER MND FOUNDATION I report lo the Trustees on my examination of the financial statements of The Darby Rimmer MND Foundation Ithe Foundationl for the year ended 30 June 2024. Responsibilitl8s and basis ol report As the Trustees of the Foundation land also Ns directors for the purposes of r￿MpanY la￿, you are responsible for the preparation of the financial slatements in accordan￿ with the requirements ol the Companies Act 2006. Having satisfied myself th81 the financi81 stslemenls of the FoundalIc￿ are not required lo be audited under P8rt 16 of the Companies Ad 2006 and are eligible for independent examination, I report in respèct ol my examination of the Foundation's financial statements carried oul under section 145 of the Charities Act 2011. In carrying out my examination I have followed Ihe Direcb'ons given by the Charity Commission under section 1451Sllbl ol the Charities Act2011. Independgnt examln¢r'¥ stat¥ment Since the Foundation's gross income exceeded £250,000. the independent examiner musl be a member ol a body listed in section 145 of the Charities Act 2011. 1 confirm Ihat l am qualified to undertake the examination because I am a member of ICAEW. which is one of Ihe knsted bodies. I have completed rny examination. I confirm that no malters h8ve ¢omtr to my 8tt#ntion in ¢onnecb'on with th examination giving me Cause Its belitsve th81 in any maleri81 respect.. accounting records were not kept in respecl of the Foundation as reqUI￿d by section 388 of the Ccmpanies Act 2006. the financial statements do not accord with Ihose records.. or the financial slalernenls do nol ¢ompty with the 8¢￿Unbn9 requiremenis of section 396 of the Comp8nies Act 2006 other than any requirement th81 the fin8n¢ial s18lemenls give a true and fair view, which is n(rt a matter considergd 8$ part ol an ind6pèn¢J¥nt &xamin8tion' or the financial staternents have nol been prepared in accordanc£ with Ihe methods and principles of the Slaternenl of Recommended Practice lor a¢¢ounling and reporting by charities applicable to Charities prep8ring their financial slalemenls in a¢cordan¢& wrth Ihe Finonual Reporting Stsnd8rd appli¢8bl* in th¥ UK and Republic ol Ireland IFRS 1021. 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 lo enable a proper understanding of the financial statements to be reached. Mark Turner FCA 1 Worsley Court High Street Worsley Manchester M28 3NJ 15 April 2025 THE DARBY RIMMER MND FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JUNE 2024 un￿tricted funds 2024 Unrestricted funds 2023 Notes Income from: Donations and legacies 689,936 557,083 Total Income 689,936 557,083 Expendlture on.. Raising funds Charitsble activities 18,470 358.960 22,406 275.186 Totsl •xp•ndltur• 375,430 297,592 N•t In¢om* and m¢v•m•nt In lund$ 314,506 259,491 R•conclllatlon ol fundg: Fund balances al 1 July 2023 1,((JO,719 741,228 Fund bol•n¢e• at 30 Jun• 2024 1.315,225 1,000,719 The statement of financial adivities includes 81 gains and losses recognised in ihe ye8r. All income and expenditure derive from continuing activities. THE DARBY RIMMER MND FOUNDATION BALANCE SHEET AS AT 30 JUNE 2024 2024 2023 Notès Current assets Cash 81 bank and in hand 1.316.725 1.002.219 Credltors.. amounts lalllng du• vAthln one year 10 {1.500} 11.5001 Net current assets 1.315.22S 1.000,719 The funds of the Foundatlon Unrestricted funds 11 1,315,225 1,000,719 1.315.225 1.000,719 The company is enlilled to the exerDpbon from the audrt requirement contained in section 477 ofthe Companies Act 2006, lor the year &nde¢y 30 June 2024. The dir8¢¢ors g¢knowledge their re$ponsibiliti8$ lor Comp￿.n9 Wrth the requicemenls of the Companies A¢t 2006 wrth respect to accounting records and the preparation of financial statements. The mernbers have not wuired the company to obiain an audit of its finanoal siatemenls for the year in question in accordance with section 476. Thtrse finan¢i81 $t8lemenls hav¢ Ixen prepared in a¢cordanc* the prtivision$ applicable lo ¢omp8nies subject lo th$ $mo11 ¢ompanie$ r¥gime. The financial statements were approved by the Trustees on 15 April 202S J Currie Truste• Company registration number 12038212 IEngland and Wales) 10- THE DARBY RIMMER MND FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Accounting policies Charity inforrnation The Da￿Y Rimmer MND Foundation is a privale company limrted by guarantee incorporated In England and Wales. The registered Offi￿ is Edward House. Woodward Road. Knowsley Industn'al Park. Liverpool, Merseyside. L33 7UY. 1.1 Aetountlng eonvèntlon The financial slalements have been prepared in accordance wilh the Foundation's goveming document. the Companies Act 20(￿. FRS 102 Yhe Financial Reporting Standard applicable in the UK and Republic of Ireland" 8nd the Charities SORP "Accounting and Reporting by Ch8ritie5'. Statement of Recommended Pr8Ctice applicable to charities preparing their a¢¢ounts in accordance with the Finanaal Reportin9 Standard applicable in the UK and Republic ol Ireland IFRS 1021" Thè Foundation is a Public Benefrt Entity as defined by FRS 102. The Foundation has taken advantage of Ihe provIs￿nS in ihe SORP for chanties not to prepare a statement of cash flows. The financial slalemenls are prepared in slerfin9. which 15 the ftjnclional ￿rreflty of the Foundalitsn. Mtsnètsry amounts in these financial statemènts are rounded to th• nearèst £. The financial statements have been prepared under Ihe historical cost convention. The principal accounting policies a(Jopted are set out below. 1.2 Golng concern At the time ol approving th6 ffinanaal statements, the TnJstees have a reasonable expectation that the Foundation has adequate resources to conbnue in opefabonal existence for the foreseeable future. Thus the Trustees continue to adopl the going concern basis of accounting in preparing Ihe finanaal statements. 1.3 Charftabl• funds Unrestricted funds a￿ available for use 81 the discretion of the Trusietrs in ftJrtheran¢e tsf their charitabltt objecli¥es. 1A Income Income Is recognised when the Foundation is legalty ent￿ed to rt after gny perfomance conditlons hove been met, the amounts can be measvred reliab￿. and il is probable that income will be received. Cash donations are ￿cogniSed on receipt. Other dOnab"c￿$ are ￿cogniSed once the Foundation has been notified of the donation, unless perfomiance con¢Jrtions requi￿ deferral of the amount. Income tax ￿cOVerable in relation to donations received under GIft￿d or deeds of covenant is recognised at the time of the donation. Legacies a￿ recognised on receipt or othemse rf the Foundab"on has been notified of an impending distnbutron, the amount Is known, and ￿ceipt Is expected. If the amunt Is not known, the legacy Is t￿ated as a contingent asset. 11 THE DARBY RIMMER MND FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 A¢coun¢ing policies (Continuedl 1.5 Expendlture Expenditure is rewgnised once there is a legal or construdive obligation to transfer eoonornic benefit lo a third party, it 15 probabl8 that a transfer of ewnomiG benefits will be required in settlernent, and the arnount of the obligation can be measured reliably. Expenditu￿ is classified ty aclivty. The costs of each aclwity a￿ made up of the total of dIr￿t costs and sha￿d costs. induding support costs invofved in undertaking each activity. Direct costs attributable to a single activity 8re allocated directy to that activty. Sh8red c05t5 whth contsibute lo rnore than one activity 8nd support Costs which arè ntst attributable to a single activty are apptsrtioned between those activrt*s on a basis consistent with the use ol resources. Central staff costs are allo¢aled on the basis of lime spent, and depreciation charges are allocated on the portion of the assèfs use. 1.6 Co$h and ¢a$h squlval•nts Cash and cash equivalents indude cash in hand. deposils held al call with banks, other short-terrn liquid investrnents vthh original maturities of three monlhs or less. and bank overdrafts. Bank overdrafts are shown wrthin borrowings in current liabilrties. B•$l¢ flnan¢lal •$s•ts Basic finana81 assets. which indvde debtors and cash and bank b8lances. are initially measured at Irans8Ction price including transaction c05t5 8nd are subsequentty carried a¢ amorts'5ed cost Using the effective interest method unless the arran9èmenl ¢onstilulèS a fin8n¢ing transaeiion. where th& transaction is measur6d al the prèsent valuè of thè lulU￿ r￿IptS discounted al a m8rk$l ral& of inl$r¥$l. Finanaal assets classified as r￿1vabl0 within one yèaf are not amortised. 8•slc fln•ncl•l Ilabllltl•s Basic finan¢ial liabilitiès. ir)¢luding ¢r&drtors and bank loans are inilwlty ￿cOgniSed al Iran$a¢tion pric¢ unless the arrangement constilulès a finanang transaction. whère the debt instrumènt is measured 81 the present value ol the future payments discounted al a market rale of interest. Financial liabilrties classified as payable within one year are not amortised. Debt inslwments are Subsequentty carried at amortised ￿51. u8ing the effective interest rate method. Tr8de creditors arè obligations to pay lor goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classthed as current liabilities if payment is due wrthin one year or less. If not. they are presented as non-current liabilitJ"es. Trade c￿ditOrS are recognised inrtially at transactM)n price and Subsequent￿ measured at amortised cost using the effective interest Method. Derecognition of financial liabilities Financial liabilities are derecognised when the Foundaknn's contractual oblKJations explre or are discharged or cancelled. Income trom donallons and legacles Unrestricted funds 2024 Unre8trieted funds 2023 Donations 8nd gffts 689.936 557.083 12- THE DARBY RIMMER MND FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Expenditure on raising funds Unrejtricted Unrejtricted funds funds 2024 2023 Fundralslng and publlelty Advertising Other fundraising costs 15,￿)8 562 21.844 562 16,470 22,406 Expèn(Iltur• on charltabl• actl¥ltl•8 MND Awareness 2024 MND Awar•nes8 2023 Dlr•¢t ¢o$ts Donations to MND association Rosearctt grants Other grants 50,IXJO 306,010 100,000 163,578 10.000 356,010 273,578 Sharè of support and gov•mane• eo8t•188• not• 5) Governance 2,950 1.608 358,960 275,186 Anoly$l$ by fvnd Unrestn'cted funds 358,980 275,186 Support costs Support Gov*mon¢* costs costs 2024 2023 Audit fees Legal and pmfessional Bank charges 1.620 1,207 123 1,620 1,207 123 1,500 108 2.950 2.950 1.608 Analysed between Charitable act￿￿'e5 2.950 2.950 1.608 13- THE DARBY RIMMER MND FOUNDATION NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Net movement in funds 2024 2023 The net movement in fvnds is stated after chargingllcredibngl- Fee5 P8y8ble for the independent examin81ion of the charivs financial statements 1,620 1,500 Tru¥te None ol the Trustees lor any persons connected wth them) received any remuneration or benefits from the Foundation during the year. Employees The 8verage monthty number of employees during the year was nil. Tax•tlon The charbty Is exempt from taxation on Ils actMtie$ b8cause all Its income Is applwdd for charitable purpos8$. 10 Credltors.. amounts lalllng du• wlthln on• year 2024 2023 Accruals and deferred income 1.500 1,500 11 Unre•trlcted fundo The unrestricted fvnds of the tharity Comprise the unexpended balances of donations and grants which #re not subj8ct lo specific conditions by donors and grantots as to how thèy may bè used. Th*sÈ includè dèsignated fun¢Js which have been set a*de out of unrestricted funds by the trustees for specific purpose$. At 1 July 2023 Incomlng resources Re$ourc•8 expended At 30 Juno 2024 General funds 1,OLX).719 689.936 {375,4301 1,315,225 Prèvious yèar: At 1 Juty 2022 Ineoming sources R•8ourc•8 •xpend•d At 30 Junè 2023 General funds 741.228 557.083 1297,5921 1,000,719 12 Related paity transactlons M Hovell is a trustee of The Darby Rimmer MND Foundation and also a partner for Mills & Reeve LLP. During the year the foundation paid Mills & Reeve LLP £1.19412023.' £NILI lor legal work in regards to the privacy polry. 14-