REGISTERED CHARrrY NUMBER: 1191420 DISSECTION CtlaBIWkF TRUST Lthil Wahiwoy Assot4ates Limited Chert8red cerfir Ae4>ts 8E Sa Chèshi M33 40X
THEA CHARABLE TrUST the Finan lal *atem ForTh• Year Ended 31 March 24 P298 Rgw¥rt ofth• Tntstees 1 10 3 pondgnt Exwnin•rfs R•port Stalement of FhwKlal kti¥itl&8 Ilan¢¢ Sh1 Nol•s to the FlnanclaE Slatoments 7 to 11
ABLE TRU For Ended 31 M The frugteos pr8s8nt th6ir report wlh the financial statemènts ol the ¢hartty ltsr tha year ended 31 March 2024. The trustee$ hav• aijopled th¢ provlslons of Accounting and Roporting by Charities- Statèment of Recommènd•d Pra¢U¢è appCable to chariii6s preparing Ihèir accounts in accordancè with th& Flnanclal Reporting Standard applicabl8 in the UK and Republ1¢ of Irelanrj IFRS 1021 leffe¢tlvo l January 20191. OBJECTIVES AND ACTIVITIES Obje¢tive$ and aims For the public henofil, to prèsèr and protect the good health of those 8uffering from, or at risk of. atsrtlc dl868Gticfi by, in paGular but nol exdusN81y. educetion and carrylng out researth and disseminabng thB results to inluènce pollcy. Sigwtiffieamt ac15vi¢leA Edu 818ctivitih Tha charity has provided education in th¢ ftsm) of webinars ènd tscevknface evenls for relevant healthcare pmfessiubals. Res The chatity has esl8bfished a Research Advlgcry Group and Rèsearch Panol. Thrgugh the88. W8 prowid$ p8tient and publi¢ invofvement for resoargh proj¢¢ts. We hav6 also prDvKled £46k worth ol researth grants for r88èar£h prlg¢15 inlo oort dissection. ollcy.. The charty has worked th NHS England to provEde w)put Into Iheir to01ktorAQUts Aortic Dissection. Publlc benofjt The charity has dual registration in England and Walès and in Scouand. Wè confim that the trustees have had regard lo th8 Charily Commission's guldanco on publc bpnefit wh8n 8xercis)g any power5 or duties to whic the guidan is relevant and have tsken into account when making decisi8 to which it is leVant. Page 1
. .lABLyABLE TRUST Trn6 Year E rch 2024 ACHIEVEMENT AND PERFORMANCE Charltsble actlvltle8 cation in th form of webiD..and fate-tO- for relevant healihc Tha charity Iws conlnued (lelsvtr education sessions In the fofm ol webirtars and lace-to-face events. Th08e hav& been at local, re9>31, national ènd inlemalion31 18vel& Th9 audionc•s have beon rèlevgnt h885lhcare professlonals. frorn paramedks through to consultants knb emergoncy medicine, Vrdia¢ and wdsculyr surgery. Wo havo also reached coronèrs and 8ci&ntists wilh an Interest Sn 8nrti¢ dlssethc. tsnllne SOurCès f lients relativès healthcare 8ton8ls W have extènded our $eri88 of pallent educaJonal d&0S that arè availabb frotn our website and brolen8d thè content to Indude advice on wpiny wilh bereavsmont and obtainlng insurdnce forthose wilh acrtc dl$sgction. These othkiies improved knowledge of èoruc dissoc0 and, with rt. giv9n tr)ose wtth lived fyxperiono greo18r source8 tv help manago IhgSr s¢tuoli¢n. Estsbllshin th8R Èarch Advi50 Grou and Res_FaTh81 Thmugh this group and panel. we provlde pali8nt and public involvoment lor rasear¢h projects- We havo cOndnu1 to provlde support to four pr(¥&cts, one of these h•$ publkshed their results and thg other5 are expect8d to dD $0 in 2024. Education Outre In ¢ollabofation with Livorpool Unlversty and Everton in th8 cornmnity. we ran an crtreach evfynl lo insplrg untJer-p¥ivileg8d schoDlchldren wth thg possibllties of car98rs in research, sdenc¢ atKI medicin8. Announced £ of research rants for 8arch cts into ao Thè Rèsaarch Advisory Group ranked the applIcatnS for our 2023 Rosearch Grants round and advis6d that we sUPPOrt two proj8ds wllh a tota1 value of £46,000. The trusts have agreed wilh ¢hi% re¢omrnendadon and th8s? pmiects are now up and running. In Ihe short-term, thi5 acbvity has incr8a56d interest In (zttying out researeh In the field of aortic dlssedion. Patignl and publiG input into research proposals is vital and wo have enabled resEarchers to access this in 8 structured way. Tha searc granls provid8 the abllty to fvnd rosearch projects that rnay otherwse not be funded. Sn th8 medlum-term, thèse activities will generate new knowbdg¢ about aorlic dissection that 11 improv8 outeomes for patients. ncin We hav6 eontinued lo wort( vrith NHS Ens4and to provide inpu¢ into th8ir todkil for a(th aortlc dissection. Thla toolk d8scribes the prin¢iplefy by which NHS reglons should (Kganise Iheir pathway for pats.ents wth a¢ule aortic dissection. implèmèntèd, It wlll signfficAntly improve patients. acc8ss lo definitive treatment. The rhariiy has been involved in devèloplng Ihis toolkltfrotn its in¢epUoh and ha$ worked all NHS reglons in England to implément this. In addttlttn. Idyowlng our lobbying Èctithty wlth thè Department ol Hoallh and SorAal re. NHS EngLgnd are developing a toolkit for the 819clive pthay for Ih05e wilh aoitis di$3e¢liffi. FINANCIAL REVIEW FlnanGial posltlon Quring tho year, total in¢omlng funds arnounted to Z121k 12023.. £82kl 8rKI total oxpenditurg was £56k 12023.. £26kl re¥uttSng In a SurUS belng achloved in tho y&ar amountiThJ to £65k 12023.. ES6kl. This net incom& wlll be US to fund bJrth8r pmjgcls in Ihe forthcoming flnancial yèar. Cash at bank Increased lo £176k12023'. £110kl and the char5tl3 nol wrrenl assets as al 31 March 2024 wero £174k 12023.. £10Skl. Th& total unre8CLod funds 8mwnted to £174k12023.' £108kl. No ld8 wero $tcted(223= nonel. Prlnclpal funding sources The charttws prindpal fundlng 80urce5 como frotn donatiDns Iprimarity onling donations) from the oeneral publi¢. In¥tment pollcy Bnd obl8ctiw$ The trustees adopi a fi¥k av&rse investment pollcy, wmlle segklng lo obtsFn a good IrKgme retum. FuThJs are placgd on Interest-yieldiro bank acxounts to maximis8 relums as far as FY)$8ible. Page 2
THE AORTIC DISSEcTIc C FINANCIAL REVIEW Re&S pollcy Is the pollcy of Tha DIS$ Charltth Trust b) mafftt8in suffiLiwrt reser, txxh asgèts and cash, to genèrate sufficient incNne tr) fulfil its obje¢fves. The twsltrgs VAII revlew, annual bags, Ihe bvel of T¢serv8s and, W 4wroprk4te, dwgnote sufvent r9sErves ID fund wled5. STRUCTURE, GOVERNANCE AND MANAGEPIEI Governlng document The Charity is contrOld by its governing dMl a deed oflru5t aTKI (£tstitu an uninLxxporatod chwity. Charity con5tUtIOn The Charity is an uniwjrporated assocLq1. RlIment and appolnkngnt of now Irust94S Altial bustees affj appolnted by the current trustees at a rregting ol Ihe twst8e& Training and dÈveloF#Tn¢ of trUStS Is wovided when¢ver tt 15 necessary, such as v4hBn thw• are in th*ity or regulatory quireMents. Risk managoment The trustees have asswed the mapjr tsks lo thh the ¢harty k ex[K)sl arKJ ar8 satlsfied that SyStnS are in pkn to TTWt¥Jèr¢ exposure to the major risk5. REFERENCE AND ADMINISTRATVIE DETAILS RogIStsr Chartty numbar 1191420 Prtndpal address Brough House Bam Brough Detbyshlre S33 9HG Trustees C FovA8r (Chairl P Lalha G Cooper Indep¢nd¢nt examlner Leavitt wa1meYAss¢latts8 Umiled Chartereil ce Attwntants 8 EasaY Salg Cheshirè M33 4DX Banker5 Epsworth Cash Plus lor Chariti9S Apwoved by ordLY ol thè t<Jard oftru5tees 12 August 2024 and swJned on its behall ty. G Cooper- TrU8e Po98 3
Inde d nt Examlnerfs Aortlc Dissadion Charitabl• Trust Indopondont examln?rfs repryt to thè trustees tsf Aortlc Dlssection ¢haiitsbl TnBt I rÈpDrt lo the chanty trustees on my examinatk)n of the (Xts ofThe kntic Di5sectith Chartlabk Trust Tntstl for thè yearend8d 31 March 2024. Rbsponslblllll•$ and ba$is of r•port As the charity trust898 of Ihe Tnjst are resFL¥tsitAe fc( ts rAQrati of the axounts in wrdance wrth th8 requir8monts ofthe char06 Act 2011 Cih8 Affj. I rep(xt In respect 01 my ¥MInatn ol Ihe Tru5fs a¢tounts carried out under Sa¢tion 145 01 th& Ad and in carrying out rny exornjnatn I have loliohvod dl Diwetions gwen by the Charity Cofflrnisb)n Section 14515llbl of the Act. Independent exami8 Statement I have completèd my examination. I confirm that no mareti¥ rrilew5 hp¥e to my attOn •i wn8Ctth vthh the 9ivin9 MÈ cause to Weve that In any Materi roEyert accounting r8cords were not kepl in resFwtot the TN5t as rwwired by Secth)n 130 ofthe A¢ or ihg accounts do a¢cor¥J knllh th)se rewrds.. or the a(xxJunts do not thmply vlth Ihe ap1¢8& rwmrements r>ywning the form and ¢tent of accounts 39t out ¢ trg Charfygs lknunts and ReFthsl RegutS 2(M)8 other any rUrement that the accounts 9ivÉ a true and fair is not 8 matterconsI as part of8n ffiWThJent examln8lb)n. I have no trn$ and have ax>ss no other matters in )nneCtil wlh tho examination to sthich attenti sh(KJkl b drawn in this report in orderto enabte 8 prOr urthtstaThJry of Ihe arrrtS to be reKhed. steven John c9$ FCCA Leamtt Wahnsley Asso¢iates Mited charte Ceitfied ACntants 8 Eastway Sale Cheshire M33 4DX 12 Auuu8t 2024 Pa98 4
cnoN CHARABLE TRU Statement of Financlal AGtivitiès EI¢ Ygor Endttd 31 Marc 31.324 Urfesirlcte¢J bJnd 31.3.23 Total funds INCOME AND ENDOWMENTS FROM Oonalions and legacies 118,537 82,319 Inlmont Ineome 2,438 Total 120.975 82.319 EXPENDITURE ON Ch4rltRbla actl¥lt5•s Gharilabl8 activi88 24.126 Other 4.787 1.880 Total 55,331 26,006 NET INCOME 56,313 RECONCILIATION OF FUNDS Total fund$ brou1 foM8rd 108.427 S2.114 TOTAL FUNDS CARRIED FORWARD 174,071 108,427 Poge 5
THEA PAEen¢e Sht4t 31 March 2024 31.3.24 Unr•strl¢ted fvnd 31.3.23 Total fvnds CURREKf AssErs Debtors Cash al b$nk 326 175,895 110,086 176,221 110.( CREDITORS Atnount8 falling due wrfhkn one yp (2.1501 11.639) NET GURRENT A&sErs 174.071 108.427 TOTALASSETS LESS CURRENT LIABILMES 174.071 108,427 NET ASSETS 174.071 108,427 FUNDS Unfeslricled fvnds 114.071 108.427 TOTAL FUNDS 174,071 108,427 The finanal Slater[nts wwe approved by thg Board of Trustees and for wue on 12 August 2024 and w8r& signgd on its half by. G Cooper- Twsteg The rMJte¥form partol Ilwe firwcayl 8talem8nts Pagp 6
ECTION CHARrrABLE TRUST Ilglqg_lo the Financial Stat¢m¢nts For The Year Ended 31 hlarch 2024 STATUTORY INFORAIAnON The Aor11c Di958¢t CFwitabt8 Twst i% a tharity regEterGd EivJlwKI Jnd ScAIMand. Th8 yfjnclpal address ¢an be lournj on the Legal ¥nd AiJmlnth8bkn page. A¢¢ouTrrriNG POUCIES Ba¥ls of preparing the finandal slaiements The financlal stalements of the charfty have ePar in wllh the charity's goveming dLument, the Charitie5 Act 2011 'Ac¢oting and Re1KXtM by chare8.. Staterr£nt uf Recommended Practicè aPpI)e to tharitsés weparing th6ir accounts In 3rrnriJan Ihe Financ4al Rewl¥)g slal0rd applicable in the UK and of Ir4land IFRS 1021 {effti l January 20191,. Th8 15 a PublK Ben8fi1 Enlity AS defined by FRS 102. The charily has taken adw4ntage of tho proMwgn5 in th9 SORP ts thartrs appn9 FRS 102 Upd8te Bulktin 1 not tD prpparg 8 ststemwt of cash flcths. The financ1 stslemnts are prepared in stedlng, i8 thè currerw of the dwtiiy. Monètary amounts in Ilwse finandal statem8nts ruuFthJ to Ihe te$l L The acCnts have be FryJ3red UfKtw lh8 ¢))st C)ntiC. The a¢Unng a(bpled a sel out below. Gtyn9 GonM At the time of apwing Ihe finarwl stater. thp truslees l)ave a reasonab expectatK)n ihat the tharity hos adequate resour to continue in Opeonal 8XiSt8Thx for fLeseeabJe future. Hen. Ihe trustees c19 to adopl the goiThJ concern basks of accwnbrvJ. Inwma l income is reo)gnBed thg Ststem8nt of Fina[1 Acti¥iW once Ihe has en11tMrnt to Ihe fvThJs. it is kyobabie Ihal the wil r8C8wed 8rvJ thè WMUntn be measvr&Y rNy. C88h donations are recognis8d on receyt. Other ¢knalN)ns are rwnised the charity ha5 bèan notified ol the donation. unkss pgrforrnance require defertal of tre anInt Inrome tsx recoverabla li rolats.on lo donations received underGift ly deeds QfcJ)vt rwrNsed at the time ofthe dona1K. where mat8rial. ExpÈndkure Liabilitie5 are re¢¢¢Jnised as ewltu as s(x)n as there i8 a legal OT constsuclive 0[gation committirrtj the charity to that expondilure, il L8 probable that a tran$lw ol orx)rrtrri benefits WM be requved in setUerT>eT4I and ¢he arnount of the (Aigatlon can be Measu lIablY. EyrKliturp is accoun1 for on an aCCFuals basis and has beon clas$rfied under headlNJs that awegate all cck%l related to Ihe category. Wh&re cx)st5 c?J01 be diredy attllbuted lo parbcutar headlngs they have been 4kxated to acbwlr¥s CcnsntW1th tt u of r¢souros. Grants payabl¢ ar8 tharg8d kn Ihg y8arwh8n the offer is L¥nvW to th8 reupYenL Grants offered subied to ccThlikns have rnt been met at the year end dat8 ar8 notèd as a cornmthient bul not as expgndrture. Taxatlon The charfty exeryt fvjn tsx C its cha¢ttaA8 8etswt. Fund a¢ntIng Unresln¢tj fund5 can be uwj in accordm wilh the charitaE4e oL*th¢s at Ihe dEuelkM ofthe truste9& R05tricted ndS rAn bÈ us&Y for p8rtK)Jl¥ Iwtr8d wrwses W[n the objects of the chanty. Rostiictions aristi when specified by the dorK)r or kn fvnds are p3rtraT re6tiicted purpDse6. Further•xFlanathtin ofth8 nature ofeath nd i8 indud&l in the Th)tes to tho fina Stat Page 7 onlinu¢d...
IlotÈs to the Financial 5tat•n- continuod For The Year End 31 March 2024 ACCOUP¥llNG POLICIES-continuod FInala] Instrurnants Financral Instsuments are aNJ a¢cwnled for ¥a to the subs(m of Ihe tran5acbon as eith8r a ffinancral asset, Irabjlty or eqL#ty instrwnènt. An equty inslrument is any contract thal wdenrAs a reswjual inlwost in Ihe a8$ets of the eompanyafEer all liabl1tS have téen deducled. The charity has elerted to appty Ihe pvov1sl of Sed¥Jn 11 'BaS Finan(xal Instrunnis' Section 12 t)ther Finaal Inslruments Issues, ol FRS 102 to all of Its in5fruments. Finarrial insInts are rgcognised wi Ihe ChariiY$ balance sheet th¢ carity beoxrn party to the contracbjal prov]ty6 of the wkslrum8nL Financial assets and financial liabthties offse¢ with n81 amoTmts presenEed in th8 fincIal stalerngnts, when th8re is a legally entsceaNe rKJht to Sel off Ihe reed arrthnts and tlwe is an intentitsn to setle on a net basis orto realise th• asset and seldg the ILty simu$. Basic firnanal assets Basic finw)r#ai assets, vthtch WLde cash a1 balan. are rlltiaty rnes5¢S at traThsacth prica IncIy1rQ transadion costs and are subsewènty measured at JnL¥li5ed (x>st the elf8ctive inteRst method unless the arrangen¢ constitutes 2 fu)anc4ng tsanwtkn. re th8 Iraln 15 measured at tha present value of Ihe fvtu reIp1S dis¢ounted 81 8 market Tate interesL assets dassified as re(%1Vab %thin c9 y8ar are not amortise(J. Im airtnent assets Financial assets, Oth than those hth at fair thrw 1xne and expeThJitute, are assessed for indrAtors of impalrrnènt at each repoiting date. Financial a55ets are hnpared where there is obpcbve evidencg fjha( as a resutt of (& or MOT events that ¢Kwred after the recognikn d the finawal asset, th8 e5Um3ted fure c85h flows have W 8fferted. 11 an a55et is inpalred, the Impalmlt k>ss is the (fts bet44wI Ihe carryyu amounl aNI the pr858N value of t1 e5tonated Ga5h flows al the assefs (Mignal effedNe interest rate. The impairrnetLt knss Is recognis8é in net )n(expendItUrel for the year. If Ihere is a decrease in th8 wnpairrnent k>ss ar1 frrxn an event oVr[Ing 8f18r the ImpalmnI was recognk%ed. the iMpannI is reversed. The reVets is such that the carrwng 8nUrnt (kn5 rTrot excèèd what the carrwng amwnt would have been had the impawm8nt not pr¢v¥Justy reC£Orid. Th8 iTrpairtnent rever531 kg Cognised in nel incomelloxpenijiturol for ts year. Derecr4nilion of ffn8nci8185sets Financi assets are dereccgnised vth8n Ihe contrathjal rits to the (ash I7 from the asset expl or are settled. (w when the (arity transkn Ihe finarKyal asset and SUbantial all the risks and fewards of ownership to anolh6Y entity. or il some si9)ifinI risks and rewarts of owwship are retsined bul control of the a55et has trtsfed to another patythat is atrAe lo sell Ihe asset in its entrety to an unrdated Owd pwty. Basic financi liabibt Basic finanoal liabiltbes, irKJLKlry trade othu payab]e& ae Iwmsed at transactiL pe unless the arrangement constitutes a finwKirYJ Iransa¢kn. tho debt inslnjmont 6 measured at the present value of thè future recs dIscoted at a market rate of interest. Debt •)s1wnls are subsgquenty rarried at rtiSed c05L vslng the effectwe interest Tth(xY. Tde creditors and arnlS are patiOnS to pay ts gocds 8nd selv5 that hav8 tEen at4uirad in the dinary course of operaknons fr(xn suwAier5. AJrK)unts payab18 are daswfvj 35 curfynt fjabilthes rf payment due wthin one year or less. If noL they are presente£l as WK¥1)Jlt lk4brfils. Trade creditor5 ate re(x)gnised in81 at transactyon ond sub5Bquenlly measured at atn(¥ti cost u5w the effedfj¥e inteiest ni fjna (aal labilthes Financr& atle$ a derecognised U)• cl)ariW5 oiJalx)ns expire or ar8 di5charg8d or ¢anCèld. continued...
THEA CHARrrABLE TRUST Notss to the F emonts- ntInU The Y•ar Ended 31 March 2024 INVESTMENT WCOME 313.24 31.3.23 Trep01 accrtmt nterest 2.438 CHARITABLE AcThmES COSTS Grant funding of Support Casts Costs Total$ artNiDes 31,249 16,751 50,544 TRUSTEes' REMUNERATION AND gENEFrrs There re no trustees, runeral or 01 b8n8fi15 for Ihe year eThled 31 March 2024 ntsr for the year ended 31 Marth 2023. Tru5te8s' •xponse$ There were D) bWte¢s' expenses pahl for th8 ya8r 8Nled 31 Marc 224 nf(¥ thB year ed 31 March 2023. COMPARATIVES FOR THE sfATEMEirf OF FINANcIALACTrMES Unrestricted fijnd INCOME AND ENOOWMENTS FROM DedatK)ns arKI legaoes 82,319 EXPENDrruRE ON Charltable adlvtt Charitatrde al?ti85 24,126 1.880 Total 26,006 INCOME 56.313 RECONCILIATION OF FUNDS Total fund3 bn)u9hi fopmard 52,114 TOTAL FUNDS CARRED FORWARO 108,427 continued...
SSECnON CHARrrABLE TR E9rTh8 Year Ended 31 March DEBTORS: AMOUNTS FALUNG DUE bvmiiN ONE YEAR 31.3.24 31.3.23 PrepayMts 326 REDITORS: AAIOUNTS FALLING DUE vimiiN ONE YEAR 31.3.24 31.3.23 Olher creditors 2,150 1,639 MOVEMENT IN FUNDS Net rTyJvèmgnt in fvnds Al 1.423 31.3.24 Unrèstrlcted funds General fwKI 108.427 174.071 TOTAL FUNDS 108.427 65,644 174.071 Net movwnenl in funds, Iudj in the *KJve arg as folkn" IncomiNJ Resowc8S expended )vemenl in funtts Unresfrkl¢d fvnds General lund 120.975 155.331) 65,644 TOTAL FUNDS 120,975 155.331) 65.644 Comparatives fw movom¢nl In funds Net mvement in furKIs At 31.323 At 1.422 Unro5trlcted lunds Ganoral fvnd $2.114 56.313 108A27 TOTAL FUNDS 52.114 5f,313 108,427 CMparate net m0venl In in Ihe abe are as fo.. Incomiw resources Resourrx5 expencled Movemenl funds Unrestrlcied lunds fvnd 82,319 126,iX)61 56.313 TOTAL FUND8 82.319 126,006) 56,313 Pag8 10 %xntinu8d...
SSECTION HARrrAB.LFT to the Financlal Sta monts. cTrnt" 1 IAarch 2024 MOVEMENT IN FUNDS contlnugd A wrrenl y¢ar 12 months and ryior yèar 12 month8 ¢ombined posiuon Is as folw$.. Net movement in funds Al 31.3.24 At 1.4.22 Unrnstricted funds Gen8r&l lund 52,114 121.957 174,071 TOTAL FUNDS 52,114 121.957 174,071 A cw&nt year 12 rnonths and PliQT year 12 months combined net movement In fund5, inGluded in lh8 above are •$ follows= InÉximlng resour$ Rosourc96 eXpCkd Movement in funds Unrestrl¢ted fvnd¥ Gèra1 lund 203,294 181,3371 121,957 TOTAL FUNDS 203,294 {81,3371 121,957 io. RELATED PARTY DISCLOSURES During the year, IEe5 were raised by trustees amounting to £3,373 12023= £nill. These amounts were gifted to thè charity by the truslees and have be8n included w6thln do1)atn$ r&ceived. Pag811