Charity Registration Number 1189246
British Psoriatic Arthritis Consortium
Report and Accounts
31 March 2021
## **British Psoriatic Arthritis Consortium**
## **Report and accounts for the period ended 31 March 2021**
## **Contents**
||**Page**||
|---|---|---|
|**Charity information**||1|
|**Members' Annual Report**||1|
|**Statement of Members' responsibilities**||4|
|**Independent Accountant's Report**||6|
|**Statement of Financial Activities**||8|
|**Balance sheet**||9|
|**Notes to the accounts**||10|
## **British Psoriatic Arthritis Consortium**
## **Members' Annual Report for the period from 28 April 2020 to 31 March 2021**
The Members present their Report and Accounts for the period ended 31 March 2021.
## **Reference and administrative details**
## _**The charity name**_
The legal name of the charity is:- British Psoriatic Arthritis Consortium.
The charity is also known by its operating name, Brit-PACT.
## _**The charity's areas operation and UK charitable registration**_
The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1189246.
The charity does not operate in any overseas jurisdictions.
## _**Legal structure of the charity**_
The charity is constituted as a Charitable Incorporated Organisation (CIO) in England & Wales. The governing document of the charity is the constitution of the CIO as approved by the Charity Commission in England & Wales (CCEW) .
The governing document is dated 20 April 2020
There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.
The trustees are all individuals.
## _**The principal operating address and website of the charity are:-**_
Department D1, Wolfson Building Royal United Hospital, Combe Park Bath, BA1 3NG
www.britpact.org.uk
## _**The Members in office on the date the report was approved were:-**_
A Parkinson B Kirkham D Jadon J Packham M Turfrey N Gullick H Jethwa P Helliwell L Coates O FitzGerald S Siebert C Tillet
The following persons served as Members during the period ended 31 March 2021 :-
The members who served as a member in the reporting period were as shown above, and there were no changes during the year, or in the period between the year end and the approval of the accounts.
1
## **British Psoriatic Arthritis Consortium**
## **Members' Annual Report for the period from 28 April 2020 to 31 March 2021**
## **Objects and activities of the charity**
## _**The purposes of the charity as set out in its governing document**_
The object of the CIO is to relieve sickness and to preserve and protect good health for the public benefit by promoting medical knowledge, and excellence through education and research with particular reference to the diseases of psoriasis and psoriatic arthritis.
## _**The main activities undertaken in relation to those purposes during the period**_
As a result of the pandemic we were unable to hold face to face meetings. A virtual update of our activities was held on Friday 27th November 2020 attended by 53 delegates, and we organised a virtual educational update on March 19th 2021 attended by 49 delegates, the latter also inviting abstract submissions from members. A face to face annual meeting is planned for November 2021 in Birmingham.
A major activity of Brit-PACT in 2020/21 has been the James Lind Priority Setting Partnership. The JLPSP provides the basis for research priorities in psoriatic arthritis and is widely respected by the NIHR and HTA. The partnership brings together all the major stakeholders and shares opinion across the patient, carer and health professional spectrum. This activity is now almost complete, and the full report is expected later in 2021.
In addition, Brit-PACT provides support and updates to the British Society for Rheumatology on its’ activities and provides support to subcommittees of the BSR such as recommendations for biologic use in psoriatic arthritis.
Brit-PACT has spearheaded an exercise to define best practice standards in psoriatic arthritis care and has undertaken an audit of practice in the UK – this was presented at the recent British Society for Rheumatology and the 2021 EULAR meetings, both held virtually. This activity has the potential to improve the care of patients with psoriatic arthritis in the UK.
## _**The main activities undertaken during the period to further the charity's purpose for the public benefit.**_
The main activities of Brit-PACT during the last year were educational meeting and the JLPSP both of which fulfil the purpose of the charity and will benefit the charity’s beneficiaries. In addition, Brit-PACT have supported a podcast channel for patients called ‘PsA HQ’, created and hosted by Mel Brooke, to fill an unmet need for peer support. The channel aims to enable people to engage with peer support wherever they are and at a time that suits them, to help promote coping and self-management tips through shared learned experience, reduce isolation, lessen sense of stigma and signpost useful resources.
The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.
2
## **British Psoriatic Arthritis Consortium**
## **Members' Annual Report for the period from 28 April 2020 to 31 March 2021**
## _**The main achievements and performance of the charity during the period**_
Brit-PACT has conducted educational meetings throughout the year, reaching an audience of physicians and other health care professionals. Feedback for these meetings was very positive. In addition, the Executive committee has been active in planning research and audit activities in 2020/21. This work is not yet complete.
The main activities undertaken by the patient partners has been to engage with the patient network and, in particular, the Brit-PACT patient research partners. A number of supportive zoom calls were undertaken during the lockdown period of the COVID-19 pandemic and these were felt to be of particular benefit to all involved: anxiety and loneliness was a particular problem. The patient partners have also created a patient led, patient experience e-survey on the use of Telemedicine during the pandemic which was shared through help of other leading PsA/PsO organisations. The e--survey data and results were disseminated at the annual meeting and a patient led journal publication is in progress. One particular benefit has been raising awareness of patient experience and enabling more patients to connect and become involved in research (resulting in an increase in our patient mailing list). The patient partners also continue to share the patient perspective with Clinicians & HCPs and collaborate with other organisations to inform research direction.
## _**The difference the charity's performance during the period has made to the beneficiaries of the charity**_
Recognised by NIHR and HTA the James Lind PSP will prioritise research themes for both researchers and funders and will focus direction of research for the next few years. The Brit-PACT updates and on line meetings provide educational opportunities for rheumatology teams in the UK. Brit-PACT also engages with rheumatologists in training to encourage attendance at educational updates and to submit research projects to the Brit-PACT meetings. As indicated above, the patient partners have also created a patient led, patient experience e-survey on the use of Telemedicine during the pandemic which was shared through help of other leading PsA/PsO organisations.
## _**The degree to which the achievements and performance during the period have benefited wider society.**_
The charity has had an impact on health professional education throughout the last year and has fostered new initiatives to research psoriatic arthritis. The JLPSP will help both researchers and funders to prioritise research in this area and help prevent the impact of psoriatic arthritis on patients, carers, and employers, as well as to raise the profile of psoriatic arthritis in society as a whole. The patient perspective has enabled clinicians to gain a wider aspect of the disease.
## **Structure, governance and management of the charity**
## _**The methods used to recruit and appoint new charity trustees.**_
The Brit-PACT constitution incorporates elections for major Executive committee positions, which are planned for 2021. The Executive Committee (trustees) already includes rheumatologists in training, allied health professionals and patient partners. In line with the constitution of the Charity nominations are sought annually for new Executive committee members as vacancies become available, and voting is by a single vote of all members, the majority vote taken as the definitive result.
Bankers Unity Trust Bank, 4 Brindley Place, Birmingham B1 2JB Solicitors Stone King LLP, 13 Queen Square, Bath BA1 2HJ Accountants DR Hicks, 107 Penn Hill Road, Bath BA1 3RU
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## **British Psoriatic Arthritis Consortium**
## **Members' Annual Report for the period from 28 April 2020 to 31 March 2021**
## **Financial review**
## _**The charity's financial position at the end of the period ended 31 March 2021**_
The financial position of the charity at 31 March 2021 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-
|**Total Funds**
**Net income**
Unrestricted Revenue Funds available for the
general purposes of the charity|**2021**
**£**
110,379
110,379
110,379|**2020**
**£**
-|
|---|---|---|
|||-|
|||-|
## _**Financial review of the position at the reporting date 31 March 2021**_
The members consider the financial performance by the charity during the year to have been satisfactory.
## _**Policies on reserves**_
The board of trustees agree to run the charity with reserves sufficient to meet expenses for approximately one year.
## _**Availability and adequacy of assets of each of the funds**_
The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.
## **Details of The Independent Examiner**
Dione Hicks
Member of Institute of Charered Accountants in England & Wales
107 Penn Hill Road
## Bath
BA1 3RU
4
## **British Psoriatic Arthritis Consortium**
## **Members' Annual Report for the period from 28 April 2020 to 31 March 2021**
## **Statement of Members' Responsibilities**
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Members determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), .
In particular, charity law requires the Members, if they prepare accounts on an accruals basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Members are required to :-
- to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
- select suitable accounting policies and apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate
to presume that the charity will continue in business;
- state whether applicable accounting standards and statements of
recommended practice have been followed, subject to any material
- departures disclosed and explained in the financial statements;
The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.
The Members are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Members are also responsible for the contents of the Members' report, and the statutory responsibility of the Independent Examiner in relation to the Members' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.
This report was approved by the board of trustees on 26 November 2021.
P Helliwell Trustee
5
## **British Psoriatic Arthritis Consortium**
## **Report of the Independent Examiner to the Members of the charity on the accounts for the period ended 31 March 2021**
I report to the Members on my examination of the financial statements of the charity on pages 8 to 17 for the period ended 31 March 2021 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and under the historical cost convention and the accounting policies set out on page 10.
## **Respective responsibilities of the Members and the Independent Examiner and the basis of the report**
As described on page 4, you, the charity's Members, are responsible for the preparation of the financial statements in accordance with the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.
The Members consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the Governing Document for the conducting of an audit. As a consequence, the Members have elected that the financial statements be subject to independent examination.
Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-
a) examine the financial statements of the charity under Section 145 of the Act;
b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Basis of Independent Examiner's Statement and scope of work undertaken**
I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. 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 setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charity and of the accounting systems employed by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Members, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.
The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Members in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide
Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.
I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the Members of all material matters.
## **Independent Examiner's Statement, Report and Opinion**
Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:-
6
## **British Psoriatic Arthritis Consortium**
This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;
and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-
accounting records were not kept in respect of the charity as required by with Section 130 of The Charities Act 2011;
the financial statements do not accord with those records; or
the financial statements 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;
have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).
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 financial statements to be reached.
## **Signed:-**
Dione Hicks - Independent Examiner
Chartered Accountants 107 Penn Hill Road Bath BA1 3RU
This report was signed on 26 November 2021
7
## **British Psoriatic Arthritis Consortium**
## **Statement of Financial Activities for the period ended 31 March 2021**
|**Current year**
**Unrestricted**
**Funds**
**2021**
**£**
**Income & Endowments from:**
Donations & Legacies
A1
40,359
Charitable activities
A2
10,350
**Total income**
**A**
**50,709**
**Expenditure on:**
Charitable activities
B2
26,815
**Total expenditure**
**B**
**26,815**
**Net income for the year**
**23,894**
**Transfers between funds**
**C**
86,485
**Net income after transfers**
**A-B-C**
**110,379**
**110,379**
**Reconciliation of funds:-**
**E**
**Total funds carried forward**
**110,379**
**Net movement in funds**
**SORP**
**Ref**|**Current year**
**Restricted**
**Funds**
**2021**
**£**
-
-
**-**
-
**-**
**-**
-
**-**
**-**
**-**|**Current year**
**Total Funds**
**2021**
**£**
**40,359**
**10,350**|
|---|---|---|
|||**50,709**|
|||**26,815**|
|||**26,815**|
||||
|||**23,894**
**86,485**|
|||**110,379**|
|||**110,379**|
|||**110,379**|
The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.
A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.
All the prior year transactions were unrestricted items, and no further analysis is required
All activities derive from continuing operations
## **The notes attached on pages 10 to 17 form an integral part of these accounts.**
8
## **British Psoriatic Arthritis Consortium**
## **Balance Sheet as at 31 March 2021**
|Note
**SORP**
**Ref**
**Current assets**
B
Debtors
6
B2
Cash at bank and in hand
B4
**Total current assets**
**Creditors: amounts falling due within one**
**year**
7
C1
**Net current assets**
**The total net assets of the charity**|
**2021**
**£**
25,200
93,747
118,947
(8,568)
110,379
**110,379**|**2020**
**£**
-|
|---|---|---|
||||
|||**-**|
**The total net assets of the charity are funded by the funds of the charity, as follows:-**
|**Restricted funds**
**Unrestricted Funds**
Unrestricted Revenue Funds
11
D3
110,379
**Designated Funds**
**Total charity funds**|-
110,379
**110,379**|-
-|
|---|---|---|
|||**-**|
The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA..
The Members acknowledge their responsibilities for complying with the requirements of charity legisla
The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 7.
The Members are satisfied that, although the charity is not registered under the Companies Acts, if it were so registered, it would be eligible to prepare accounts in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.
## **P Helliwell**
Trustee
Approved by the board of trustees on 26 November 2021
**The notes attached on pages 10 to 17 form an integral part of these accounts.**
9
## **British Psoriatic Arthritis Consortium**
## **Notes to the Accounts for the period from 28 April 2020 to 31 March 2021**
## **1 Accounting policies**
## _**Policies relating to the production of the accounts.**_
## **Basis of preparation and accounting convention**
The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.
## **Going Concern**
Under 3.38 and to comply with 3.14, if there are no uncertainties about going concern this MUST be stated. Under 3.39, if there are uncertainties details must be given. Enter text here to comply
Suggested normal text (whioch may require modification to meet the circumstances):-
The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams. Accordingly, the Trustees have obtained forecasts and, after reviewing the financial forecasts for future periods to 31 March 2021, the Trustees are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements. Other than these matters, the Trustees are not aware of any material uncertainites about the charity's ability to continue as a going concern.
## **Risks and future assumptions**
The charity is a public benefit entity.
## _**Policies relating to categories of income and income recognition.**_
## **Nature of income**
Gross income represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
## **Categories of Income**
Income is categorised as income from exchange transactions (contract income) and income from non-exchange transactions (gifts), investment income and other income.
**Income from exchange transactions** is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser.
**Income from a non-exchange transaction** is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange.
10
## **British Psoriatic Arthritis Consortium**
## **Notes to the Accounts for the period from 28 April 2020 to 31 March 2021**
## **Income recognition**
Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.
Dividends are accrued when the shareholder’s right to receive payment is established.
Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.
All income is accounted for gross, before deducting any related fees or costs.
## _**Policies relating to expenditure on goods and services provided to the charity.**_
## **Recognition of liabilities and expenditure**
A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated..
Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.
## _**Policies relating to assets, liabilities and provisions and other matters.**_
## **Debtors**
Debtors are measured at their recoverable amounts at the balance sheet date.
## **Creditors and provisions**
Creditors and provisions are measured at their recoverable amounts at the balance sheet date.
## **Cash and bank balances**
Cash held by the charity is included at the amount actually held and counted at the year end. Bank balances, whether in credit or overdrawn, are shown at the amounts properly reconciled to the bank statements.
## **Fund Accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
There are no designated funds.
There are no restricted funds.
There are no endowment funds.
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## **British Psoriatic Arthritis Consortium**
## **Notes to the Accounts for the period from 28 April 2020 to 31 March 2021**
## **2 Liability to taxation**
The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.
## **3 Winding up or dissolution of the charity**
If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.
## **4 Significance of financial instruments to the charity's position**
There are no significant implications of financial instruments to the Charity's positon.
## **5 Remuneration and payments to Trustees and persons connected with them**
No trustees or persons connected with them received any remuneration from the charity, or any related entity.
## **6 Debtors**
|**6**
**Debtors**||
|---|---|
|Trade debtors
**7**
**Creditors: amounts falling due within one year**
Trade creditors
**8**
**Income and Expenditure account summary**
**At 28 April 2020**
Transfers in for the year
Surplus for the year
**At 31 March 2021**|**2021**
**£**
25,200|
||**2021**
**£**
8,568
**2021**
**£**
-
86,485
23,894|
||**110,379**|
## **9 No related party transactions**
There were no transactions with related parties in the year.
12
## **British Psoriatic Arthritis Consortium**
## **Notes to the Accounts for the period from 28 April 2020 to 31 March 2021**
**10 Particulars of how particular funds are represented by assets and liabilities**
|**At 31 March 2021**
Current Assets
Current Liabilities
**At 28 April 2020**|**Unrestricted**
**funds**
**£**
118,947
(8,568)|**Designated**
**funds**
**£**
-|**Restricted**
**funds**
**£**
-
-|**Total**
**Funds**
**£**
**118,947**
**(8,568)**|
|---|---|---|---|---|
||**110,379**|**-**|**-**|**110,379**|
||**Unrestricted**
**funds**
**£**|**Designated**
**funds**
**£**|**Restricted**
**funds**
**£**|**Total**
**Funds**
**£**|
||**-**|**-**|**-**|**-**|
**11 Change in total funds over the period as shown in Note 10 , analysed by individual funds**
|**Funds brought**
**forward from**
**2020**
**Movement in**
**funds in 2021**
**See Note 12**
**£**
**£**
**_Unrestricted and designated funds:-_**
Unrestricted Revenue Funds
-
23,894
**Total unrestricted and designated funds**
**-**
**23,894**
**Total charity funds**
**-**
**23,894**
**Analysis of movements in funds over the period as shown in Note 11**
**Income**
**Expenditure**
**2021**
**2021**
**£**
**£**
**_Unrestricted and designated funds:-_**
Unrestricted Revenue Funds
50,709
(26,815)
**50,709**
**(26,815)**|**Funds brought**
**forward from**
**2020**
**£**
-|**Movement in**
**funds in 2021**
**See Note 12**
**£**
23,894|**See Note 13**
**£**
**86,485**
**Transfers**
**between**
**funds in 2021**|**£**
**110,379**
**Funds carried**
**forward to**
**2022**|
|---|---|---|---|---|
||**-**|**23,894**|**86,485**|**110,379**|
||||||
||**-**|**23,894**|**86,485**|**110,379**|
||||**Other**
**Gains &**
**Losses**
**2021**
**£**
-|**Movement**
**in funds**
**2021**
**£**
**23,894**|
||**50,709**|**(26,815)**|**-**|**23,894**|
## **12 Analysis of movements in funds over the period as shown in Note 11**
13
## **British Psoriatic Arthritis Consortium**
## **Notes to the Accounts for the period from 28 April 2020 to 31 March 2021**
## **13 Details of transfers between funds in the period as shown in Note 11**
|**Net transfers**
**_The transfers shown in note 11 above are:-_**
To/(from) Unrestricted Revenue Funds|**2020**
**£**
86,485|
|---|---|
||**86,485**|
This transfer of funds relates to cash transferred from Bath Institute for Rheumatic Diseases Charity (BIRD) when the CIO was established for BritPACT on the 28 April 2020. This cash was managed and held in trust by BIRD prior to the CIO being set up.
## **14 The purposes for which the funds as detailed in note 11 are held by the charity are:-**
## _**Unrestricted and designated funds:-**_
Unrestricted Revenue Funds
These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities, and , subject to charity legislation, are free from all restrictions on their use.
Designated Revenue Funds
There are no such funds held by the Charity.
## _**Restricted funds:-**_
Restricted Revenue Funds There are no such funds held by the Charity.
## **15 Ultimate controlling party**
The charity is under the control of its legal members.
If the CIO is wound up, the members of the CIO have no liability to contribute to its assets and no personal responsibility for settling its debts and liabilities.
14
## **British Psoriatic Arthritis Consortium**
## **Detailed analysis of income and expenditure for the period from 28 April 2020 to 31 March 2021 as required by the SORP 2015**
## _**This analysis is classsified by conventional nominal descriptions and not by activity.**_
|**16**
**Donations, Grants and Legacies**
**Donations and gifts from individuals**
**Total Donations, Grants and Legacies**
**Total Donations, Grants and**
**Legacies**
**A1**
**17 Income from charitable activities - Trading Activities**
**_Current year_**
**Primary purpose and ancillary trading**
**Total donations and gifts from**
**individuals**
**Total sponsorship income**
**Sponsorships**
Room hire
**Total Primary purpose and ancillary**
**trading**
Grant income
Small donations individually less than £1000|**Current year**
**Unrestricted**
**Funds**
**2021**
**£**
159|**Current year**
**Restricted**
**Funds**
**2021**
**£**
-
**-**
**Current year**
**Restricted**
**Funds**
**2021**
**£**
-
**-**|**Current year**
**Total Funds**
**2021**
**£**
**159**
**159**
**Current year**
**Total Funds**
**2021**
**£**
**40,200**
**40,200**|
|---|---|---|---|
||**159**|||
||**Current year**
**Unrestricted**
**Funds**
**2021**
**£**
40,200|||
||**40,200**|||
|||||
|||||
||**40,359**|**-**
**Current year**
**Restricted**
**Funds**
**2021**
**£**
-
-
**-**|**40,359**
**Current year**
**Total Funds**
**2021**
**£**
**10,000**
**350**
**10,350**|
||**Current year**
**Unrestricted**
**Funds**
**2021**
**£**
10,000
350|||
||**10,350**|||
15
## **British Psoriatic Arthritis Consortium**
## **Detailed analysis of income and expenditure for the period from 28 April 2020 to 31 March 2021 as required by the SORP 2015**
## **18 Total Income from charitable activities**
|**_Current year_**
Total income from charitable trading
**Total from charitable activities**
**A2**
**19 Expenditure on charitable activities - Direct spending**
**_Current Year_**
**Total direct spending**
**B2a**
**20**
**_Current Year_**
**_Premises Expenses_**
**_Administrative overheads_**
**_Financial costs_**
**Support costs before reallocation**
**Total support costs**
All the expenditure in the prior year was unrestricted.
Bookkeeping fees
Project fees
Patient Partner expenses
Telephone and internet
IT support and costs
**Support costs for charitable activities**
Stationery and printing
Rent payable under operating leases
Administration fees
Adstract award
Bank charges|**Current year**
**Unrestricted**
**Funds**
**2021**
**£**
10,350|**Current year**
**Restricted**
**Funds**
**2021**
**£**
-
**-**
**Current year**
**Restricted**
**Funds**
**2021**
**£**
-
-
-
-
**-**
**Current year**
**Restricted**
**Funds**
**2021**
**£**
-
-
-
-
-
-
**-**
**-**|**Current year**
**Total Funds**
**2021**
**£**
**10,350**
**10,350**
**Current year**
**Total Funds**
**2021**
**£**
**3,347**
**600**
**16,490**
**2,362**
**22,799**
**Current year**
**Total Funds**
**2021**
**£**
**1,275**
**166**
**89**
**912**
**570**
**54**|
|---|---|---|---|
||**10,350**|||
||**Current year**
**Unrestricted**
**Funds**
**2021**
**£**
3,347
600
16,490
2,362|||
||**22,799**|||
||**Current year**
**Unrestricted**
**Funds**
**2021**
**£**
1,275
166
89
912
570
54|||
||**3,066**||**3,066**
**3,066**|
||**3,066**|||
|||||
16
## **British Psoriatic Arthritis Consortium**
## **Detailed analysis of income and expenditure for the period from 28 April 2020 to 31 March 2021 as required by the SORP 2015**
## **21 Other Expenditure - Governance costs**
|**_Current Year_**
Independent Examiner's fees
**Total Governance costs**|**Current year**
**Unrestricted**
**Funds**
**2021**
**£**
950|**Current year**
**Restricted**
**Funds**
**2021**
**£**
-
**-**|**Current year**
**Total Funds**
**2021**
**£**
**950**|
|---|---|---|---|
||**950**||**950**|
- **22 Total Charitable expenditure**
|**Total Charitable expenditure**||||
|---|---|---|---|
|**_Current Year_**
Total direct spending
**B2a**
Total support costs
**B2d**
Total Governance costs
**B2e**
**Total charitable expenditure**
**B2**|**Current year**
**Unrestricted**
**Funds**
**2021**
**£**
22,799
3,066
950|**Current year**
**Restricted**
**Funds**
**2021**
**£**
-
-
-
**-**|**Current year**
**Total Funds**
**2021**
**£**
**22,799**
**3,066**
**950**|
||**26,815**||**26,815**|
17