## **Trustees’ Annual Report for the period**
**From 1[st] January 2024 To 31[st] December 2024**
## **Charity name: Research Schizophrenia**
## **Charity registration number: 1202969**
## **Objectives and Activities**
||SORP reference||
|---|---|---|
|Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To protect and promote the health of the public by**
**raising funds for research into mental illness and in**
**particular schizophrenia and to increase public**
**awareness and understanding of the condition.**|
|Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|**With two of the charities Trustees moving to Australia a**
**number of sports related fund-raising activities were**
**held in Sydney. The sports day event was particularly**
**successful (details on charities website) and is likely to**
**become an annual event.**
**Other fund rising activities included an ultra-marathon**
**and a T20 event at Lords cricket ground.**|
|Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|**The trustees have had regard to the Charity**
**Commissions guidance on public benefit when**
**planning and developing the strategies they will be**
**implementing and determining how best to utilise funds**
**raised in the future.**
**To date the trustees, have self-funded the provision of**
**all services required to start and administrate the**
**charity. All expenses associated to meetings, events**
**and development have been paid for by the trustees**
**personally. It is the intention of the trustees for all**
**donations received to go directly towards funding**
**research. The charities trustees are building a network**
**of contacts within the scientific community to enable**
**them to engage pier assessment for the eventual**
**selection of appropriate research funding projects.**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment
Para 1.38 Contribution made by volunteers Other
## **Achievements and Performance**
||SORP reference||
|---|---|---|
|Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|**Main Achievements**
**i). The continued building of external contacts within**
**the scientific community to provide expertise in the**
**relevant scientific and medical knowledge to advise the**
**charity’s trustees on,**
**-**
**the accurate and appropriate approach to**
**communicate awareness and provide**
**information to the general public**
**-**
**the research funding process**
**ii). The formation of a strategy to obtain donations via**
**the sponsorship of sports and challenge related events.**
**iii). The continued development of a website to support**
**the charities aim of increasing public awareness and to**
**obtain funding for research through online donation.**
**www.researchschizophrenia.org**|
## **Additional information (optional)** You may choose to include further statements where relevant about:
|Achievements against
objectives set|Para 1.41|**Whilst no formal objectives are set the Trustees are**
**looking to be in a position where they increase the**
**amounts that are raised on a year-by-year basis.**
**The trustees have been made aware that the initial**
**minimum entry level of funding to be of value to a**
**research project is typically circa £100,000.**|
|---|---|---|
|Performance of fundraising
activities against objectives
set|Para 1.41||
|Investment performance
against objectives|Para 1.41||
## **Financial Review**
|Review of the charity’s|Para 1.21|**During the period the Charity received Donations of**
**£8362 of which £3326 came from fund raising in**|
|---|---|---|
|financial position at the end
of the period||**Australia and £4916 from the UK. Net receipts for the**
**period after charges were £8144.**
**With the previous period assets amounting to £5017 the**
**Charities total Cash Assets stand at £13,162.**|
|---|---|---|
|Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**N/A**|
|Amount of reserves held|Para 1.22|**N/A**|
|Reasons for holding zero
reserves|Para 1.22|**The holding of reserves is deemed to be unnecessary**
**as the charity’s Trustees pay all expenses incurred and**
**will do so for the foreseeable future.**|
|Details of fund materially in
deficit|Para 1.24|**N/A**|
|Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**N/A**|
## **Additional information (optional)**
## You may choose to include further statements where relevant about:
|The charity’s principal
sources of funds (including
any fundraising)|Para 1.47||
|---|---|---|
|Investment policy and
objectives including any
social investment policy
adopted|Para 1.46||
|A description of the principal
risks facing the charity|Para 1.46||
|Other||**Martin Frank administrates the financial accounts and**
**undertakes a ‘Financial Controller’ role for the charity**
**on a voluntary basis.**|
## **Structure, Governance and Management**
|Description of charity’s
trusts:|||
|---|---|---|
|Type of governing document
(trust deed, royal charter)|Para 1.25|**Constitution**|
|How is the charity
constituted?
(e.g. unincorporated
association, CIO)|Para 1.25|**CIO**|
|Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**The selection of a new trustees requires all existing**
**trustees to agree on a proposed candidate; the future**
**selection process planed involves creating a network**
**of advisors and then inviting appropriate individuals**
**from this network to join the charities board of**
**trustees.**|
## **Additional information (optional)**
You may choose to include further statements where relevant about:
|
Policies and procedures
adopted for the induction
and training of trustees|
Para 1.51||
|---|---|---|
|The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51||
|Relationship with any related
parties|Para 1.51||
|Other|||
## **Reference and Administrative details**
Charity name **Research Schizophrenia** Other name the charity uses **Head 1st (not used to date)** Registered charity number **1202969** Charity’s principal address **Fairmile Farm Cottage Denby Road Cobham Surrey KT11 1JY**
## **Names of the charity trustees who manage the charity**
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20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year**|**Name of person (or body) entitled**
**to appoint trustee (ifany)**|
|---|---|---|---|---|
||**Neil Ridsdale**|**Chair of the Trustees.**|**Founding Trustee**||
||**Alice Ridsdale**|**Communications & Fund**
**Raising**|**Founding Trustee**||
||**Hanah Ridsdale**|**Fund Raising &**
**Partnerships**|**Founding Trustee**||
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## Corporate trustees – names of the directors at the date the report was approved – N/A
## **Director name**
Name of trustees holding title to property belonging to the charity – N/A
**Trustee name Dates acted if not for whole year**
## – **Funds held as custodian trustees on behalf of others** N/A
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects
Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
## **Additional information (optional)**
## **Names and addresses of advisers (Optional information)**
**Type of Name Address adviser**
## **Name of chief executive or names of senior staff members (Optional information)**
## **Exemptions from disclosure** – N/A
Reason for non-disclosure of key personnel details
## **Other optional information**
## **Declarations**
**The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
**Signature(s)**
**Full name(s)** Neil Lindsay Ridsdale
**Position (eg Secretary,** Chair **Chair, etc)**
**Date** 18/10/24
**Signature(s)**
**Full name(s)** Alice Lorna Ridsdale
**Position (eg Secretary,** Communications & Fund Raising **Chair, etc)**
**Date** 28/10/24
## **Signature(s)**
**Full name(s)** Hannah Molly Ridsdale
**Position (eg Secretary,** Fund Raising & Partnerships **Chair, etc) Date** 28/10/24
## **Research Schizophrenia CIO Receipts & Payments Account for the period from**
## **1[st] January 2024 to 31[st] December 2024**
|**Receipts**
Gross Donations (raised in the UK)
Donations (raised in Australia) net of fees
Bank Interest
**Total Receipts**
**Payments**
Bank Charges
**Total Payments**
**Net Receipts**|**2024**
**£**
4,916
3,326
120|
|---|---|
||**8,362**|
||218|
||**218**|
|||
||**8,144**|
## **Research Schizophrenia CIO Statement of Assets and Liabilities as at 31st December 2024**
|**Cash Assets**
Bank Accounts
**Liabilities**
Creditors
Total Payments|**2024**
**£**
13,162|
|---|---|
||**13,162**|
||0|
||**0**|
These financial statements are accepted on behalf of the charity by:
Signed_____________________________________________ Dated: 10/10/25 Neil Ridsdale, Trustee