ACCOUNT.% . TAX VAT * PAYROLL tsuNT￿ "R YAN PHILLIPS MEMORIAL FUNDII ROYAL BELFAST HOSPITAL FOR SICK CHILDREN FINANCJAL STATEMENTS FOR THE YEAR ENDED 5 Aprll 2024 JAB Accountancy 103 Cregagh Road Bolfast BT6 8PY ACCOUNTS TAX . VAT PAYROLL RYAN PHILUPS MEMORIAL FUND INDEX TO THE ACCOUNTS Pag• Offlcer6 and Profe8slonal Adv180rs Report of the Tru8tee8 Ind8pendent Examlnallon statement of Flnanclal Acilvitles Balance Shoot Note8 to th8 Accounts .ACCOUNTS .'TAX . VAI" PAYROLL RYAN PHILLIP8 MEIAORIAL FUND OFFICER8 AND PROFE8810NAL ADVISORS BOARD OF TRUSTEES Dr Loulse McLoughlln (Chalr) Dr Andrew Thompson Dr Anthony Mccarthy 8ECREfARY Kate Burns Admlnlslralor Royal B&Mast H08K4tal for Sld( Chlldren Falls Road B8118St BT12 6BE ACCOUNTANT8 JAB A¢countancy 103 Cregagh Road Belfast BT6 8PY PRINCIPAL BANKERS Smlth & William80n 25 Moorgate London EC2R 6AY 8TOCKBROKER8 Smith & Wllllam8on 25 MO￿gatO London EC2R 6AY NI CHARrrY COMMISSION Reg. No. NIC 100202 ACCOUNTS • TAX • VAT • PAYROLL RYAN PHILUPS MEMORIAL FUND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2024 The Trustee8 pr888nt thelr Annual Raport together wlth the tlnanclal 8tstements for the year ended 6 Aprll 2024. Prlncl Tha obJ8cig of the Gharlty are exclu61vely charStable being for the benoflt of patl8nts by m8an8 of the advancement ol health or th8 savlng of IIv85 and thg Pr￿ntIon of rellef of poverty. Prlncl I Kate Burn8 Slmulatlon Educatlon Sult8 1st Floor (above Haemloncology OPD> RBHSC 180 Falls Road 88lf8St BT12 6BE truct re Gover anc8 a ana Th8 Ry8n Phllllps Charlty wa6 8Stabll8hed In November 1987 by lh6 parents of Ryan Phllllps who d18d on 15th June 1988 (Colln & Kathorfne Phllllps) together wlth the Madlcal Staff Commlttee at th8 Royal Belf88t Hospltsl for Slck Chlldren. oard ol Tru•t•o• The Ryan Phllllps Reglstered Charlty IB managed by three Truste88, who meet on a regular bas16. Al The organl8atlon and management actlvltles of the charlty aro undartaken by the trustee3. All decislon8 In r88pect of the day-ttrday 8ffalr8 Of the 80clety are tak8n by the Trusiees through tha M8dlc81 Staff Commlttee. de and amlne JAB Accountancy provlde an Indopendent examtnatlon of the annual accounts and ad aB advl80rn when requlred. Ob ectlvos and Actlvlllas Th8 Research Fund.. to be used by tho Commlttee and the income therefore lor research Into liver dSsea8e and related dl8orders In children In such a manner as the Comm1tt88 8hall from dmg to Ilme thlnk Ilt. The Support Fund., lo use the fund and the Incom8 thereof in Such a manner as the Committee Ihlnk 1st for the pjrpose of assl8tlng wlth the necessary expense of helplng chlldren with liver dlso838 or related dlsorders to obtsln the b8nerrt of transplant 8urg8ry when necessary. (Ref. Fund Deeds dated November 1967) ACCOUNTS - TAX . VAT . r!AYROLL RYAN PHILLIP8 MEMORIAL FUND REPORT OF THE TRUSTEE3 FOR THE YEAR ENDED 6 APRIL 2024 (cont'd) Publlc Benaflt.. To research Into Ilvar disease and related dlsorder8 In children. The b8neflts whlch fiow from Ihls purpose 8re an Improvement In knowladg8 and Irealm&nt of Ilver dlsease and related Illnesses and an Improv8m6nt In health for suff8rers. Thi8 can be demonstrated by copie8 of research projects undertaken by medical staff Into Ilver dlsea8e and related d180rders and Soclal Servlcas roferral8 of famllles seeklng funding to asslst wlth treatment of thls dlsease, The purpose of our charlty may lead to Ihe pallenl suffarlng slde effects as a result of any treatment they may rec8lve but w8 can show that thls harm Is outwelghed by the benefits through an improv8ment to Ihelr health 8nd Ilfe. The char1t￿8 benefits are provlded to thos8 di8gno8ed wllh liver dlseasa and related Illnesses and to thelr famllles and carers currently resldlng In North8m Ireland, The fund provldes flnancial a$slstanc8 for famllies sufferlng flnanclal hardshlp. There are no prlvate b8nellts flowlng from thls purpose of th8 charfly. To as8lst wlth the n8¢essary expense of helplng chlldren wllh Ilver d18ease to obtaln the ben8fit of transplant Burgery when necessary (as per Soclal Servlces referral). Tha benefits whlch flow from this purpose Include financlal asslstance for chlldren and thelr famllles to facllltale treatment of thls dlsorder and ease flnanclal hard5hlp, Thls can be demonstrated by coples of research projects undertakgn by medlcal staff Into liver dlsease and related dlsorders end Soclal Servlces referrals of lamllle8 seeklng fundlng to assist wlth treatment of Ihl$ dlsease. The purpose of our charlty may lead lo the patlenl Sufferlng slde effects as a result of any t￿alment they may recelve but we can show that thls harm Is outwelgh8d by th8 ban8fi18 through an Improvement lo thelr health and Ilfe. The charlly's beneflts are provlded to those dlagn068d wmh Ilver dlsoa88 and relaled Illn8sses and to thalr famllies and carers currently rè8ldlng In Northem Ireland, The fund provldes flnanclal assls18nc8 lor famlllos sufferlng flnanclal hardshlp. There ara no private b6neflts llowlng from thls purpo88 of tha charity. os Carry OLrt researth Into Ilver dlsease and r81at8d d180rdern In chlldren to advance health for tho public beneflt In Northern Ireland, Children wlih Ilver d188a8e (and related dFsordar8) should ben8fit frorn the ra8u113 of research In the longer term. Flnanclally 5UPPOrt famllle8, wh08e chlldr8n 8uffer from Ilver d186a8e and related d180rdors, who ara 88eklrYJ rth8r treatment outsido Northem Ir818nd. Chlldren wllh1Sver dlsea88, and thelr famllla8 8cce88lng thls fundlng should facllltate troatmants {outsSde Nl) and th{8 should 1rnpro￿ their quallty of Ilfe. AC.COUNTS - TAX VAT . PAYROLL RYAN PHILLIP8 MEMORIAL FUND REPORT OF THE TRUSTEES FOR THE YEAR ENDED S APRIL 2024 (cont'd) Achlovemo and Pèrformance Whllst all the monSes are secured In stocks and shareB wlth Cunnlngham Coate8 Stockbroker8, the Commlttee has asslsted wlth the lollowlng reque8ts'. Honorarlurn.. £ 500.00 study support for Dr Jannlfer O'carroll Study support for Dr Lucy Loughrey Study 8UPPOrt for Ann8-Marte Mcclean study support for Gemma MGG88 Patlent payment to JM Po8plach Varloua patSent payrnent$ Patient pAym8nt to Phlllp Mllllgan Patlwrt payment to Chd8topher Kelly Patlent P8ym8nt to Clalre Gold8n Patiant payment to Lguran Daory Patlént payment to Dlon St8viart £ 949.18 £ 422.18 £ 858.00 £ 463.28 £ 8000,00 £ 7100,00 £ 3000.00 £ 2985.00 £ 2000.00 £ 1500.00 £ 1500.00 Flnanclal R•vl•w Durlng the yoar, tho Ryan Phllllp8 Fund h88 contlnued to fund varlou8 projects a38oclated wlth Llver l Gl dl8eaBe. Tho Fund8 viero U88d to fund Resgarch and support patlent8 undergolng Ilvor tranBplant or relgt8d illne88es, cour8e fee8 and fundlng for 8taff to undertak8 ¢our8e8 and a180 to facllltate accountlng fees. Plans fo Future Porlo ContSnue to 8UPPOrt patlent8, famllles, 8tafl assoclated with Llver l Gl d18ea8e. The results for the flnanclal year are fully 881 out In the Statement of Flnanclal ActlvltieB on page 6. Th6 trusta88 of the Ch8rlty durlng the year w8r8 88 follows: Dr Loulse McLoughlin Dr Andy Thompson Dr Anthony Mccarthy (ChaSr) ACCOUNTS . TAX • VAT PAYROLL RYAN PHILLIPS MEMORIAL FUND STATEMEKf OF TRUSTEES, RE8PON81BILITIES Th8 trustees are r8sponsible for preparlng financlal statements for each flnanclal perlod In Ilne wlth recommendations set out in 'The Charltles (Accounts 8nd Reporls) RegulatlonB (Northern Ireland) 2015, whlch glve a true and falr vlew of the 888816 and Ilabilllles of the Chadty and of Its surplus or d8ficlt for that perlod. In pr6parlng those flnanclal stal8m8nts, the trustees are requlred to.. Select sultable accountlng pollcigs and Bpply them con81stently; make Judgements and esllmates that are reasonabl8 and prudent", prepare the ffnanclal statements on the goSng concern ba818 unle38 It 18 Inapproptlate to pr88uma that the Charlly wlll continue to operate. Th9 trustees are responslble for keeplng propar accountlng records whlch dlsc1080 wlth reasonable accuracy at any tlme the financlal position of the Charity. They are also responslble for safeguarding the assats of tho Charlty and henca for taklng rea8onabl8 steps for the prevenllon and detection of fraud and other IrregulaTItI88. Account•nl• A re801utlon proposlng the reappolntmenl ol JAB Accountancy, as accountants wlll ba put to the Annual General Mgetlng. By order of the Board o rus Dr Anthony M¢Carthy omp80n Date; ACCOUNTS . TAX - VAT . PAYROLL COUNT￿ RYAN PHILUP3 MEMORIAL FUND INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 5 APRIL 2024 I report on the accounts of the Trust for the year onded 5 Aprfl 2024. whlch gre sat out on the followlng page8. Rosp•ctlv• RogponJlbllltla• of charlty trust••s and •xamln•r A¥ th8 charftys trust888 YOU are re5pon8lble for the preparatlon of the account8 In accordance wlth the Charftlas Act (Northem Ire18nd) 2008. It Is my r88ponslblllty to: - examlne the aGcounts undar 8ectlon 85 of the Charltles Act - follow the procedur88 lald down In the general Dlrectlon8 glven ty the Comrnisslon under section 65 (9)(b) of the Charltle8 Act - state whether partlcul8r matter8 heve come to my attantlon Baals of Ind•pond•nt •xamln•rf8 rnport I have oxamlned your charfty 8ccountB as requlred und8r sectlon 65 of th8 Charft188 Aot and my exarnlnatlon was carrled out In accordance wlth the general Dlrectlon8 glven by the Charlty Commis8lon for Northarn Ireland under sectlon 65 (9)(b> of the Charities Act. My examlnatlon Included 8 revlew of the accountlng record8 kept by th8 charfty and a comparl8on of thé accounts prasented wlth th068 record8. It also Included conslderatlon of any unusual Items or dlsclosures In th8 accounts, and 8e8klng explanatlons from you a8 charfty trustees concernlng any 8uch matterB, My role18 to state whathar any materlal matter8 have coma to my attentlon glvlng mo cause to bellevo: 1. That acGountlng records were not kept In accordance wlth sectlon 63 of the Chorltle8 Act 2. That the account8 do not accord with those accountlng records 3. That th8 accounts do not comply wbth th8 accounung requlremants of th8 Charltles Acl 4. That there Is furth8r Informatlon needed for a proper und8rstandlng of the account to be reached Indepondont examlnoV• 8tatomonl I have completed my examlnation and have no concems In re8pecl of mattern (1) to (4) Ilsted above and, In connoctlon wlth followlng the Directlons of the Charlty Commission for Northem Ireland, I have found no malt rs thal r6qulr8 drawlng to your attentlon. IGNED: DATE: Andrgw Ott Professional Qualificatlon or body: Associate of the Chartered Institute of Management Accountants JAB Accountancy 103 Cregagh Road, Beffast, BT6 8PY ACCOUNTS . I",AX VA'I" r.>AYROLL OtsNTJK RYAN PHILLIP8 MEMORIAL FUND STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 5 APRIL 2024 Tolal Funds 2024 Total Funds 2023 Incomlng Rgsourc•• Re88arch & Support Fund 28,002.00 20,517.00 28,002.00 20,517.00 R••ourc•8 •xp•nd•d Cour88 Fees 2,692.64 949.18 Flnancl818UPPOrt for patlent8 HonLYarlum Admln 26,083,00 2.000.00 600.00 440.OD 500.00 29.715.04 3,949.18 ACCOIJNTS • TAX VAT • PAYROLL RYAN PHILLIPS MEMORIAL FUND BALANCE SHEET AS AT S APRIL 2024 2024 2023 Curr•nt aM•ts R88earch & Support Fund - Income Account 1,656.44 - Investment Account 810.919.00 806,180.55 810,919.00 807,836.99 Currnnt Ll•bllltle• Accruals 440.00 440.00 440.00 440.00 N•t A•s•t8 810A79.00 807,396.99 Fund• b•lancog Brought Forward Net ProfiV{L088) 807,396.99 3,082.01 841.771.09 (34,374.10) 807,396.99 810,479.00 Approved on behalf f the Board of Trustees of 'RYAN PHILLIPS MEMORIAL FUND. Charlty on by: (rru8too) The note8 on p&8c 8 fonn part of these Accowits. 1441fEj TAX . VAT - PAYROLL ACCOUNTS QOUNTN RYAN PHILLIPS MEMORIAL FUND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 l. Accountlng pollcle• Th8 finandal 8tat8ment8 have been prepared In accordance wlth the Statement of Recommended Practlca {SORP 2015), 'Th8 Charitles (Accounts and Report8) R8gulations (Northem Ireland) 2015., a8 It relat88 to Small charrtlas, and applicabl8 accountlng 8tandard8. Taxallon Ryan Phllllps Memorlal Fund Is regF8tered 88 a chaflty w5th the Inland Revenue (No. 100202) and 08 8uch18 ex6mpt from laxatlon. Managgmont and Admlnl•tratlon Co•t• There was £440 of manag8m8nt & admlnlstrailon costs for Te￿4$8181 A¢countant8. for t8xetlon 88Nlces In y1• 5 4)rll 2023. A £440 fee for JAB Account8nGy18 accrued In the a¢count8 for tha Ylo 5 Aprll 2024.