Trustees’ Annual Report for the period
From 01.07.2021 To 30.06.2022
Charity name: AIMS 2 CURE
Charity registration number: 278689
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | The principal objective of Aims 2 Cure is to undertake medical research into the treatment of multiple sclerosis and disseminate the useful results of such research and to relieve personal suffering from multiple sclerosis |
| 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 |
The Charity aims to achieve its objective by encouraging donations, undertaking fund raising events and receiving a return on capital invested. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | Following appointment, new trustees are introduced to their new role and given copies of the trust deed and a guide to the policies and procedures adopted by the Charity. A number of publications from the Charity Commission are also provided including the guidance on charities and public benefit. This ensures that new trustees are aware of the scope of their responsibilities under the Charities Act. |
Additional information (optional) You may choose to include further statements where relevant about:
SORP reference Policy on grant making Para 1.38 Policy on social investment Para 1.38 including program related investment Contribution made by Para 1.38 volunteers Other
1
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 | The Charity aims to achieve its objective by encouraging donations, undertaking fund raising events and receiving a return on capital invested. |
| Additional information (optional) You may choose to include further statements |
where relevant about: | |
| Achievements against objectives set |
Para 1.41 | |
| Performance of fundraising activities against objectives set |
Para 1.41 | |
| Investment performance against objectives |
Para 1.41 | |
| Other |
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Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | The financial statements show the total incoming resources for the year of £109,366 (2021: £834) |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | To enable the Charity to meet on-going future commitments. |
| Amount of reserves held | Para 1.22 | £225,488 |
| Reasons for holding zero reserves |
Para 1.22 | Not applicable |
| Details of fund materially in deficit |
Para 1.24 | Not applicable |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | Not applicable |
Additional information (optional)
You may choose to include further statements where relevant about: The charity’s principal Para 1.47 sources of funds (including any fundraising) Investment policy and Para 1.46 objectives including any social investment policy adopted A description of the principal Para 1.46 risks facing the charity Other
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Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 | Trust deed under constitution and Rules dated 18 July 1979 |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charitable Trust |
| 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 | Appointed by existing trustees |
Additional information (optional)
You may choose to include further statements where relevant about:
Policies and procedures Para 1.51 adopted for the induction and training of trustees The charity’s organisational Para 1.51 structure and any wider network with which the charity works Relationship with any related Para 1.51 parties Other
Reference and Administrative details
| Charity name | Aims 2 Cure |
|---|---|
| Other name the charity uses | |
| Registered charity number | 278689 |
| Charity’s principal address | 21 Anthony Road Borehamwood Hertfordshire WD6 4NF |
4
Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
Trustee name | Office (if any) | Dates acted if not for whole **year ** |
Name of person (or body) entitled to appoint trustee (ifany) |
|---|---|---|---|---|
| Jennifer Thake | ||||
| Candice Goldstein | ||||
| Lisa Simbler | Treasurer | |||
| TraceyAltman | ||||
| Laura Margolis | ||||
| Ilana Epstein | ||||
– Corporate trustees names of the directors at the date the report was approved
Director name
Name of trustees holding title to property belonging to the charity
Trustee name Dates acted if not for whole year
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Funds held as custodian trustees on behalf of others
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
Reason for non-disclosure of key personnel details
Other optional information
6
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) Mrs Lisa Simbler Position (eg Secretary, Trustee - Chairperson Chair, etc) Date 24 April 2023
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| AIMS | 2 CURE | No (if any) | |||
|---|---|---|---|---|---|
| Receipts and payments accounts | CC16a | ||||
| For | the period from |
01/07/2021 | 30/06/2022 To |
| Section A Receipts and payments | Section A Receipts and payments | |||||
|---|---|---|---|---|---|---|
| A1 Receipts | Unrestricted funds to the nearest £ 100,309 8,990 67 - - - - - 109,366 - - - 109,366 25,000 2,686 - 168 1,455 - - - - 29,309 - - - 29,309 80,057 - 145,431 225,488 |
Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
Total funds to the nearest £ 100,309 8,990 67 - - - - - 109,366 - - - 109,366 25,000 2,686 - 168 1,455 - - - - 29,309 - - - 29,309 80,057 |
Last year to the nearest £ |
|
| Donations | 100,309 | 819 | ||||
| Fundraising | 8,990 | - | ||||
| Bank interest | 67 | 15 | ||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| Sub total(Gross income for AR) |
109,366 | 834 | ||||
| A2 Asset and investment sales, (see table). |
||||||
| - | ||||||
| - | - | |||||
| Sub total | - | - | ||||
| Total receipts A3 Payments |
||||||
| 834 | ||||||
Donation to The University of Oxford Development Trust |
25,000 | - | ||||
Donations to Multiple Sclerosis Therapy Centre Ltd |
2,686 | 21,098 | ||||
| Donations to The Chilterns MS Centre Ltd | - | 4,550 | ||||
| Other donations | 168 | 96 | ||||
| Other expenses | 1,455 | 1,024 | ||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| - | - | |||||
| **Sub total ** | 29,309 | 26,768 | ||||
| A4 Asset and investment purchases (see table) |
||||||
| , | - | |||||
| - | ||||||
| **Sub total ** | - | - | ||||
| Total payments Net of receipts/(payments) A5 Transfers between funds A6 Cash funds last year end Cash funds this year end |
||||||
| 26,768 | ||||||
| 80,057 | - | - | 80,057 |
- 25,934 | ||
| - | - | - | - | |||
| 145,431 | - | - | 145,431 | 171,365 | ||
| 225,488 | - | - | 225,488 | 145,431 |
CCXX R1 accounts (SS)
29/04/2023
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| Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | Section B Statement of assets and liabilities at the end of the period | |
|---|---|---|---|
| Categories Signed by one or two trustees on behalf of all the trustees B1 Cash funds B2 Other monetary assets B4 Assets retained for the charity’s own use B5 Liabilities B3 Investment assets |
Signature Details Details Cash at bank Details Details Total cash funds (agree balances with receipts and payments account(s)) Details |
Unrestricted funds Restricted funds to nearest £ to nearest £ 225,488 - - - - - 225,488 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) - - - - - Print Name Mrs Lisa Simbler |
Endowment funds to nearest £ |
| - | |||
| - | |||
| - | |||
| - | |||
| OK | |||
| Endowment funds to nearest £ |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Current value (optional) |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| When due (optional) |
|||
| Date of approval |
|||
| Mrs Lisa Simbler | 24/04/2023 | ||
CCXX R2 accounts (SS)
29/04/2023
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10 London Mews London W2 1HY T +44 (0)20 7402 7070 F +44 (0)20 7402 7080 Email info@steinrichards.co.uk
Independent Examiner’s Report to the Trustees of Aims 2 Cure
I report to the trustees on my examination of the accounts of Aims 2 Cure (‘the charity’) for the year ended 30 June 2022 which comprise the summary of receipts and payments and the statement of assets and liabilities.
This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and 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.
An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the accounts. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently I express no audit opinion on the accounts and my report is limited to those specific matters set out in the independent examiner’s statement.
Independent examiner’s statement
I have completed my examination. I confirm 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 section 130 of the Act; or
-
➢ the accounts do not accord with those records.
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 accounts to be reached.
Robert Nissen F.C.A. Chartered Accountants and Registered Auditors Stein Richards 10 London Mews London W2 1HY
Date: 24 April 2023
Robert Nissen FCA Rolanda Hyams FCA Stein Richards Limited Registered in England Company Number 5154433 Registered Office 10 London Mews London W2 1HY Registered to carry on audit work in the UK and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales.
A member of the ICAEW Practice Assurance Scheme