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2023-09-30-accounts

THE FOUNDATION FOR MEDICAL PUBLISHING

ANNUAL REPORT AND STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

CHARITY REGISTRATION No. 1189006

Independent Examiners Ltd Unit 2

The Broadbridge Business Centre

Delling Lane Bosham PO18 8NF

THE FOUNDATION FOR MEDICAL PUBLISHING

STATEMENT OF RECEIPTS AND PAYMENTS

30 SEPTEMBER 2023

Notes
RECEIPTS :
Voluntary Receipts
2a
Investment Income
2b
TOTAL RECEIPTS
PAYMENTS :
Costs of Charitable Activities
3a
Governance Costs
3b
TOTAL PAYMENTS
NET INCOMING/(OUTGOING) RESOURCES
Balances Brought Forward
BALANCES CARRIED FORWARD
Unrestricted
Restricted
Total
Total
Funds
Funds
2023
2022
£
£
£
£
0
0
0
0
0
0
0
0
0
0
0
0
464
0
464
0
240
0
240
0
704
0
704
0
-704
0
-704
0
1,292
0
1,292
1,292
588
0
588
1,292

The notes on pages 4 form part of these accounts.

All operations are continuing operations.

THE FOUNDATION FOR MEDICAL PUBLISHING

STATEMENT OF ASSETS AND LIABILITIES

Notes
ASSETS
Cash Funds:
General Account
Debtor - Academy of Medical
Assets retained for the Charity's own
Equipment
LIABILITIES
Accountancy Fees
Unrestricted
Restricted
31-Mar-23
31-Mar-22
Fund
Fund
Total
Total
£
£
£
£
588
0
588
0
0
0
1,292
30 SEPTEMBER 2023
588
0
588
1,292
use:
0
0
0
0
288
0
288
240
288
0
288
240

TRUSTEES RESPONSIBILITIES IN RELATION TO FINANCIAL STATEMENTS

Charity Law requires the Trustees to prepare financial statements for each financial year which comply with the regulations set out in the Charities Act 2011. The Trustees have elected to take advantage of the provisions that apply to small charities and have prepared a Receipts and Payments Account and Statement of Assets and Liabilities which are set out on pages 2 and 3

19 July 2024 Approved by the Trustees on ....................................................... and Signed on their behalf by ......................................................................., Trustee. Julie Browne Print name: ...................................................

THE FOUNDATION FOR MEDICAL PUBLISHING

NOTES TO THE ACCOUNTS 30 SEPTEMBER 2023

1. BASIS OF ACCOUNTING

The accounts have been prepared under the “Receipts and Payments” basis as prescribed by the Charity Commissioners, and they meet the appropriate legal requirements.

2. RECEIPTS

a) Voluntary Receipts
Donations
b) Investment Income
Bank Interest
3. PAYMENTS
Notes
a) Costs of Charitable Activities
subscriptions & licenses
Office Costs
Advertising & recruitment
b) Governance Costs
Independent Examination
Unrestricted
Restricted
Total
Funds
Funds
2023
£
£
£
0
0
0
0
0
0
0
0
0
0
0
0
Unrestricted
Restricted
Total
Funds
Funds
2023
£
£
£
364
0
364
48
0
48
53
0
53
464
0
464
240
0
240
240
0
240

4. RESTRICTED FUNDS

There were no restricted funds in this financial year

5. PAYMENTS TO TRUSTEES

No payments were made to trustees or any persons connected with them during this financial period, other than reimbursement for small items paid for on behalf of the Charity. No other material transaction took place between the organisation and a trustee or any person connected with them.

8. PUBLIC BENEFIT

The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.